Morningstar

Manning & Napier Pro-Blend Extended Term Series Class L MNECX

Morningstar Medalist Rating
Medalist Rating as of | See Manning & Napier Advisors Inc. Investment Hub
  • NAV / 1-Day Return 19.71  /  +0.10 %
  • Total Assets 362.5M
  • Adj. Expense Ratio
    1.800%
  • Expense Ratio 1.800%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.23%
  • Turnover 78%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:34 AM GMT+0

Morningstar’s Analysis MNECX

Will MNECX outperform in the 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 MNECX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MNECX 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 MNECX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Another wave of personnel turnover amid a slump means this team’s remaining veterans have to deliver.

Senior Analyst Greg Carlson

Greg Carlson

Senior Analyst

Summary

The Manning & Napier Pro-Blend target-risk series and the identically run Pro-Mix collective investment trust series have struggled of late. Outflows and 2025 investment team departures put the onus on a slim veteran team to stage a rebound.

by Greg Carlson
Rated on Published on

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Portfolio Holdings MNECX

More MNECX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

3.71 14M
Technology

United States Treasury Notes 4.125%

3.71 14M
Government

Microsoft Corp

3.37 12M
Technology

United States Treasury Bonds 3.625%

2.91 11M
Government

United States Treasury Bonds 3%

2.78 10M
Government

BNY Dreyfus Govt Cash Mgmt Instl

2.68 10M
Cash and Equivalents

United States Treasury Bonds 2.375%

2.64 10M
Government

Mastercard Inc Class A

2.50 9M
Financial Services

Amazon.com Inc

2.42 9M
Consumer Cyclical

Taiwan Semiconductor Manufacturing Co Ltd ADR

2.31 9M
Technology

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