Manning & Napier Callodine Equity Inc I (CEIIX)
| Fund Assets | 214.35M |
| Expense Ratio | n/a |
| Min. Investment | $2,000 |
| Turnover | 94.00% |
| Dividend (ttm) | 1.30 |
| Dividend Yield | 9.24% |
| Dividend Growth | -32.11% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 13.97 |
| YTD Return | 9.91% |
| 1-Year Return | 16.18% |
| 5-Year Return | n/a |
| 52-Week Low | 10.15 |
| 52-Week High | 14.18 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About CEIIX
Manning & Napier Callodine Equity Income Series Class I is a mutual fund designed to deliver strong risk-adjusted total returns through investments in the income-producing segment of the equity market. The fund focuses primarily on dividend-paying companies with robust cash flows that may be temporarily undervalued, aiming to provide both current income and capital appreciation, while emphasizing capital preservation and maintaining a low correlation with broader market movements. Its investment strategy mandates allocating at least 80% of assets to equity securities—including common and preferred stock, American depositary receipts, master limited partnerships, business development companies, and real estate investment trusts—supplemented by selective use of fixed-income instruments and options for additional return enhancement. The portfolio is constructed with high conviction, typically holding 15–30 positions diversified across sectors, with a targeted dividend yield of 3%–5% and an 18–36 month investment horizon. The fund’s approach intersects value and yield investing, seeking opportunities in mispriced companies and special situations, making it a notable option for institutional investors seeking equity income exposure.
Performance
CEIIX had a total return of 16.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 37.24%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $1.0206 | Dec 17, 2025 |
| Sep 25, 2025 | $0.0862 | Sep 26, 2025 |
| Jun 26, 2025 | $0.1613 | Jun 27, 2025 |
| Mar 27, 2025 | $0.0335 | Mar 28, 2025 |
| Dec 12, 2024 | $1.7042 | Dec 13, 2024 |
| Sep 12, 2024 | $0.0722 | Sep 13, 2024 |