About MNBIX
Manning & Napier Pro-Blend Extended Term Series Class I is a multi-asset mutual fund that seeks to achieve long-term capital growth while also prioritizing capital preservation. The fund utilizes a diversified investment strategy, allocating assets among equities, long-term fixed-income securities, and, to a lesser extent, cash and equivalents. Its equity sleeve typically represents over half of the portfolio, with the remainder invested in a broad range of bonds, including U.S. Treasuries and corporate debt, aiming to benefit from both stock market growth and income generation from fixed income instruments.
Managed by the experienced team at Manning & Napier Advisors, Inc., this fund may also include exposure to foreign securities, primarily through American Depository Receipts (ADRs), enhancing its diversification. The top holdings often feature a mix of large-cap technology companies and government bonds, indicating a balanced approach between growth and stability. By blending equity and fixed income, the Pro-Blend Extended Term Series Class I is structured to participate in long-term market appreciation while attempting to moderate volatility, serving the needs of investors seeking a comprehensive core holding in their portfolios.
Fund Family Manning & Napier
Category Allocation--50% to 70% Equity
Stock Exchange NASDAQ
Ticker Symbol MNBIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
MNBIX had a total return of 7.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.09%.
