Manning & Napier Credit I (MCDIX)
| Fund Assets | 291.57M |
| Expense Ratio | 0.50% |
| Min. Investment | $2,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.53% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 9.05 |
| YTD Return | 0.63% |
| 1-Year Return | 3.94% |
| 5-Year Return | n/a |
| 52-Week Low | 9.01 |
| 52-Week High | 9.25 |
| Beta (5Y) | n/a |
| Holdings | 159 |
| Inception Date | n/a |
About MCDIX
The Manning & Napier Credit I Fund is a mutual fund that primarily targets long-term total return through active management of credit-related instruments. Focusing on U.S. dollar-denominated securities, the fund invests at least 80% of its assets in credit-related instruments and comparable financial products, such as derivative instruments and exchange-traded funds with similar credit characteristics. Its portfolio emphasizes investment-grade securities, illustrated by a notable allocation to higher credit quality holdings including AAA, AA, and A-rated bonds, while remaining flexible with some exposure to non-rated and BBB-rated credits. Unconstrained by maturity or duration limits, the fund offers the ability to navigate a dynamic credit environment. Designed as part of the fixed income core segment, the Manning & Napier Credit I Fund plays a role in providing diversified credit exposure, balancing risk and return for investors seeking stability and income generation within the broader bond market landscape.
Performance
MCDIX had a total return of 3.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.12%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.037 | Jun 25, 2026 |
| May 27, 2026 | $0.0326 | May 27, 2026 |
| Apr 27, 2026 | $0.0343 | Apr 28, 2026 |
| Mar 26, 2026 | $0.0362 | Mar 27, 2026 |
| Feb 24, 2026 | $0.0298 | Feb 25, 2026 |
| Jan 27, 2026 | $0.0243 | Jan 28, 2026 |