Manning & Napier Rainier International Discovery Series Class I (RAIIX)
| Fund Assets | 396.85M |
| Expense Ratio | 1.16% |
| Min. Investment | $1,000,000 |
| Turnover | 64.00% |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 2.63% |
| Dividend Growth | 2,417.30% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 30.39 |
| YTD Return | 7.55% |
| 1-Year Return | 32.16% |
| 5-Year Return | 10.05% |
| 52-Week Low | 20.86 |
| 52-Week High | 30.77 |
| Beta (5Y) | 0.90 |
| Holdings | 109 |
| Inception Date | Mar 28, 2012 |
About RAIIX
Manning & Napier Rainier International Discovery Series Class I is an institutional mutual fund focused on long-term capital appreciation by investing primarily in the common stock of small- and mid-capitalization companies outside the United States. The fund seeks to uncover growth opportunities across developed and emerging international markets, targeting firms that typically fall within the market capitalization range of the MSCI ACWI ex USA Small Cap Index at the time of purchase. Its investment approach is rooted in rigorous fundamental analysis and a bottom-up stock selection process, favoring companies that demonstrate strong growth prospects, clear earnings drivers, and compelling valuations. The portfolio is broadly diversified across various sectors and geographic regions, aiming to balance growth potential with prudent risk management. Managed by a seasoned team, the fund is designed for investors seeking diversification through exposure to dynamic, non-U.S. small- and mid-cap equities, and offers a disciplined strategy for capitalizing on international growth trends over the long term.
Performance
RAIIX had a total return of 32.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.34%.
Top 10 Holdings
25.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 4.21% |
| Sojitz Corporation | 2768 | 2.64% |
| Definity Financial Corporation | DFY | 2.57% |
| Babcock International Group PLC | BAB | 2.56% |
| Euronext N.V. | ENX | 2.46% |
| ALK-Abelló A/S | ALK.B | 2.36% |
| OR Royalties Inc. | OR | 2.28% |
| St. James's Place plc | STJ | 2.26% |
| Kyoto Financial Group,Inc. | 5844 | 2.08% |
| Altius Minerals Corporation | ALS | 1.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.8005 | Dec 17, 2025 |
| Dec 12, 2024 | $0.0318 | Dec 13, 2024 |
| Dec 13, 2023 | $0.2983 | Dec 14, 2023 |
| Dec 14, 2021 | $3.6207 | Dec 15, 2021 |
| Dec 15, 2020 | $0.511 | Dec 16, 2020 |
| Dec 16, 2019 | $0.0608 | Dec 17, 2019 |