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Morningstar

Manning & Napier Unconstrained Bond S EXCPX

Morningstar Medalist Rating
Medalist Rating as of | See Manning & Napier Advisors Inc. Investment Hub
  • NAV / 1-Day Return 9.67  /  0.10 %
  • Total Assets 809.4 Mil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.730%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.21%
  • Effective Duration 2.79 years

USD | NAV as of May 27, 2023 | 1-Day Return as of May 27, 2023, 12:18 AM GMT+0

Morningstar’s Analysis EXCPX

Will EXCPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EXCPX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the EXCPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of EXCPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

A sound investment process and strong management team underpin Manning & Napier Unconstrained Bond S's Morningstar Medalist Rating of Silver. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings EXCPX

More EXCPX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 192
  • Other Holdings 10
  • % Assets in Top 10 Holdings 31.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.875%

7.98
66,217,225
Government

Dreyfus Government Cash Mgmt Instl

7.33
60,784,954
Cash and Equivalents

United States Treasury Notes 2.25%

5.04
41,823,228
Government

United States Treasury Notes 1.125%

5.02
41,612,695
Government

United States Treasury Notes 2.75%

3.04
25,208,925
Government

United States Treasury Notes 3.125%

2.99
24,815,821
Government

United States Treasury Notes 2.875%

2.97
24,645,072
Government

United States Treasury Notes 0.125%

2.54
21,048,906
Government

CPS Auto Receivables Trust 2021-C 1.21%

1.26
10,452,128
Securitized

United States Treasury Notes 0.375%

1.19
9,913,302
Government