Morningstar

Manning & Napier Pro-Blend Moderate Term Series Class R MNMRX

Morningstar Medalist Rating
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Medalist Rating as of See Manning & Napier Advisors Inc. Investment Hub
  • NAV / 1-Day Return $14.83  /  −0.47 %
  • Fund Size $244.6M
  • Adjusted Expense Ratio 1.310%
  • Net Expense Ratio 1.310%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Medium
  • Morningstar Category Moderately Conservative Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 2.63%
  • Turnover Ratio 70%
NAV and 1-Day Return as of

Morningstar’s Analysis MNMRX

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

  • People Pillar

    The People Pillar is our evaluation of the MNMRX 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 MNMRX’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
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Portfolio Holdings MNMRX

More MNMRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BNY Dreyfus Govt Cash Mgmt Instl

3.93 10M
Cash and Equivalents

Microsoft Corp

3.59 9M
Technology

United States Treasury Bonds 2.375%

3.59 9M
Government

United States Treasury Bonds 3.625%

3.47 8M
Government

United States Treasury Bonds 3%

3.46 8M
Government

NVIDIA Corp

3.21 8M
Technology

United States Treasury Notes 4.125%

2.95 7M
Government

Amazon.com Inc

2.01 5M
Consumer Cyclical

Mastercard Inc Class A

1.81 4M
Financial Services

Alphabet Inc Class A

1.78 4M
Communication Services

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