Morningstar

Manning & Napier High Yield Bond Series Class I MNHAX

Morningstar Medalist Rating
Medalist Rating as of | See Manning & Napier Advisors Inc. Investment Hub
  • NAV / 1-Day Return 9.42  /  −0.21 %
  • Total Assets 1.5B
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Limited
  • TTM Yield 7.18%
  • Effective Duration 3.10 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:59 AM GMT+0

Morningstar’s Analysis MNHAX

Will MNHAX 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 MNHAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Manning & Napier High Yield Bond I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings MNHAX

More MNHAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

APH Somerset Inv 2 LLC / APH2 Somerset Inv 2 LLC / APH3 Somerset Inv 2 7.87

2.43 36M
Corporate

BNY Dreyfus Govt Cash Mgmt Instl

2.12 32M
Cash and Equivalents

Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 9%

1.96 29M
Corporate

PRA Group Inc. 8.875%

1.95 29M
Corporate

1261229 Bc Ltd. 10%

1.88 28M
Corporate

Venture Global LNG Inc. 9.5%

1.84 27M
Corporate

SLM Corp. 6.495%

1.67 25M
Corporate

Burford Capital Global Finance LLC 7.5%

1.65 25M
Corporate

Avation Group (S) Pte. Ltd. 8.5%

1.50 22M
Corporate

Centene Corp. 2.5%

1.47 22M
Corporate

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