- What does MNBAX invest in?
- The fund primarily invests in ordinary shares and debt securities with extended maturities. Its investment universe spans both U.S. and international equities, including those situated in emerging markets, alongside American Depositary Receipts (ADRs) and various types of derivative instruments. The portfolio is not confined by company size, permitting investments in small, mid-sized, or large corporations. To enhance potential returns, effectively manage portfolio duration, protect against interest rate risk, and minimize price swings, the fund may strategically utilize futures contracts linked to fixed-income assets, interest rates, and foreign currencies.
- What is the expense ratio of MNBAX?
- Manning & Napier Fd, Inc. Pro-Blend Extended Term Srs Cl S (MNBAX) charges an expense ratio of 1.03%. This is the annual fee deducted from fund assets to cover management and operations.
- What is MNBAX's dividend yield?
- MNBAX's trailing-twelve-month yield is 10.57%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of MNBAX?
- Effective duration measures MNBAX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MNBAX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of MNBAX?
- MNBAX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of MNBAX?
- Yield to maturity (YTM) is the total return you'd earn from MNBAX if every bond in the portfolio is held to maturity at the current price. MNBAX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
