About MNCCX
Manning & Napier Pro-Blend Conservative Term Series Class L is a mutual fund designed to provide a conservative balance between income generation and capital preservation. Its primary approach is to invest mostly in fixed income securities with short- to intermediate-term maturities, typically ranging from three to five years, though it maintains flexibility to include longer-term bonds and a modest allocation to equities. This asset mix targets stability and modest growth, appealing to investors with a shorter investment horizon or a lower risk tolerance. The fund regularly distributes income and capital gains on a semi-annual basis, supporting its focus on stable returns. With a relatively higher expense ratio, it aims to manage a diverse portfolio to weather market volatility, and its strategies encompass risk mitigation through broad asset class diversification, including exposure to equities, bonds, and potentially some foreign securities. Manning & Napier Pro-Blend Conservative Term Series Class L plays a role in the market by offering asset allocation that seeks to temper downside risk while still capturing incremental growth, making it a common component in portfolios where capital preservation is paramount but some income and appreciation are desired.
Fund Family Manning & Napier
Category Allocation--15% to 30% Equity
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol MNCCX
Share Class Class L
Index Bloomberg Intermediate U.S. Aggregate TR
MNCCX had a total return of 1.32% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.65%.
