Manning & Napier Callodine Equity Inc I (CEIIX)
| Fund Assets | 231.50M |
| Expense Ratio | 0.95% |
| Min. Investment | $2,000 |
| Turnover | 70.00% |
| Dividend (ttm) | 1.20 |
| Dividend Yield | 8.40% |
| Dividend Growth | -38.94% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 14.33 |
| YTD Return | 10.25% |
| 1-Year Return | 15.72% |
| 5-Year Return | n/a |
| 52-Week Low | 12.78 |
| 52-Week High | 14.37 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| 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 15.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.08%.
Top 10 Holdings
60.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Spectrum Brands Holdings, Inc. | SPB | 10.88% |
| Energy Transfer LP | ET | 9.80% |
| Viatris Inc. | VTRS | 7.88% |
| GSK plc | GSK | 5.48% |
| Realty Income Corporation | O | 4.80% |
| Blackstone Inc. | BX | 4.71% |
| Wolverine World Wide, Inc. | WWW | 4.52% |
| Four Corners Property Trust, Inc. | FCPT | 4.36% |
| Genesis Energy, L.P. | GEL | 3.99% |
| Perdoceo Education Corporation | PRDO | 3.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.043 | Jun 25, 2026 |
| Mar 26, 2026 | $0.0538 | Mar 27, 2026 |
| 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 |