About MCBZX
Manning & Napier Fund, Inc. Core Bond Series Class Z is an open-end mutual fund focused on providing long-term total return through investments primarily in U.S. dollar-denominated, investment grade bonds and similar fixed income instruments. Utilizing a top-down and bottom-up security selection approach, the fund seeks to actively position its portfolio according to changing market conditions and perceived sources of value, allowing for dynamic shifts in both sector and maturity allocations. At least 80% of its assets are maintained in investment grade securities, ensuring a high quality credit profile, with no preset maturity or duration limits; the typical portfolio duration ranges from three to eight years. The fund's diversified portfolio usually holds a broad mix of U.S. government, agency, corporate, and securitized debt instruments, all with investment-grade ratings at the time of purchase. Class Z shares, designed for institutional investors, feature a relatively low expense ratio and a high investment minimum. The series plays a significant role for investors seeking stable, income-oriented exposure in their portfolios, serving as a core component for fixed income allocation in multi-asset strategies and institutional mandates.
Fund Family Manning & Napier
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol MCBZX
Share Class Class Z
Index Bloomberg U.S. Aggregate Bond TR
MCBZX had a total return of -2.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.50%.
