About EXCIX
The Manning & Napier Fund, Inc. Core Bond Series Class I is a mutual fund focused on providing long-term total return by primarily investing in fixed income securities. This fund allocates at least 80% of its assets to investment-grade bonds and related financial instruments, such as derivatives and ETFs, all denominated in U.S. dollars. It is structured without maturity or duration restrictions, using a mix of top-down and bottom-up analysis to build a diversified portfolio. The fund holds a significant portion in U.S. Treasury securities, agency mortgage-backed securities, and high-quality corporate credit, reflecting a core bond strategy with an intermediate-term orientation. Designed for investors seeking a high-quality, actively managed fixed income component, the fund is not benchmark-driven, allowing for flexibility in response to prevailing market conditions. It has a low expense ratio and requires a substantial minimum investment, making it particularly suited for institutional or large-scale investors. By emphasizing investment-grade securities, the Core Bond Series Class I plays a stabilizing role in diversified portfolios, offering income potential and managing interest rate and credit risks typical of the broader bond market.
Fund Family Manning & Napier
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol EXCIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
EXCIX had a total return of -0.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.77%.
