Collective Investment Trusts
Pro-Mix® Maximum Term CIT
Investment Objective
To provide long-term capital growth.
Investment Strategy
The portfolio is invested in an aggressive, growth-oriented mix of securities that seeks to earn the long-term growth typically associated with the stock market. Holdings are diversified primarily among various stock investments in both domestic and foreign markets; only a minor portion of the fund is invested in fixed income securities.
The fund manager will adjust the investment mix over time to manage risk by continually evaluating individual securities and market conditions to determine the relative attractiveness of each investment. In general, stock exposure will increase when valuations are low and decrease during speculative markets.
May be Appropriate for Investors
- Who seek long-term capital growth and generally have the time to withstand market volatility
- Who have a very high capital risk tolerance
About Our Risk-Based Funds
Risk-based funds offer professional management and asset allocation through a choice of investment objectives that range from fairly aggressive to fairly conservative. All an investor has to do is determine which objective best suits their current risk tolerance and investment time horizon, then decide when to move to a different objective as their personal situation changes over the years.
Time Horizon & Range of Stock Exposure
| Conservative Term | Moderate Term | Extended Term | Maximum Term |
| 0-5 Years | 3-10 Years | 15+ Years | 7-20 Years |
| 5-35% | 20-60% | 40-70% | 70-95% |
Generally, the longer your time horizon, the more aggressive your investment objective can be. Greater stock exposure is typically associated with higher return potential and higher capital risk.
Daily Price
$24.31
Daily $ Change
-$0.08
Daily % Change
-0.33%
as of 04/24/2024
CUSIP
302027156
Inception Date
10/15/2013
This fund is only available for use within certain qualified employee benefit plans.
Important Documents
| Applications & Forms | |
| Fact Sheet | |
| Annual Report |
YTD
4.61%
1 Year
16.54%
3 Year
4.25%
5 Year
10.64%
10 Year
8.66%
Inception
(10/15/2013)
8.19%
Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. Your investment may fluctuate in value and there is a potential for loss as well as profit.
Performance through the inception date of the Pro-Mix® CIT Class U units is based on the historical performance of the CIT's oldest unit class. Returns are net of Pro-Mix CIT® Class U expenses.
Expense Ratio
| Gross | 0.50% |
| Net | 0.49%* |
*Reflects the Trustee’s contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.
| TREASURY NOTES | 11.45% |
| AMAZON.COM INC | 4.32% |
| ALPHABET INC-CL A | 2.96% |
| META PLATFORMS INC | 2.79% |
| MASTERCARD INC-CLASS A | 2.43% |
| VISA INC - CLASS A SHARES | 2.42% |
| TREASURY BONDS | 2.42% |
| MICRON TECHNOLOGY INC | 2.40% |
| JOHNSON & JOHNSON | 2.29% |
| MICROSOFT CORP | 2.23% |
This investment list is unaudited and excludes cash.
| Stocks | 79.70% | |
| Bonds | 18.43% | |
| Cash | 1.87% |
| International Equities | 18.60% | |
| Small Capitalization | 0.16% | |
| Mid Capitalization | 3.92% | |
| Large Capitalization | 57.02% | |
| Long Term Fixed Income | 2.97% | |
| Intermediate Term Fixed Income | 14.36% | |
| Short Term Fixed Income | 1.10% | |
| Cash | 1.87% |
Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.
| Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|
| 3M CO | US | MMM | 857 | $90,901.99 |
| ABBOTT LABORATORIES | US | ABT | 1,662 | $188,902.92 |
| ADMIRAL GROUP PLC | GB | ADM LN | 14,757 | $528,857.47 |
| ADMIRAL GROUP PLC ADR | GB | AMIGY | 47,322 | $1,694,127.60 |
| AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 | IE | 500,000 | $452,931.98 | |
| AGREE REALTY CORP | US | ADC | 2,914 | $166,447.68 |
| AIR LIQUIDE | FR | AI FP | 1,890 | $393,212.04 |
| AIRBUS SE | FR | AIR FP | 2,540 | $467,941.18 |
| ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 | US | 26,361.47 | $26,835.99 | |
| ALCON INC | CH | ALC | 47,168 | $3,928,622.72 |
| ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 | KY | 250,000 | $207,833.23 | |
| ALIBABA GROUP HOLDING 4.00000 12/06/2037 | KY | 1,030,000 | $894,803.07 | |
| ALPHABET INC-CL A | US | GOOGL | 79,568 | $12,009,198.24 |
| AMAZON.COM INC | US | AMZN | 97,345 | $17,559,091.10 |
| AMAZON.COM INC 3.30000 04/13/2027 | US | 95,000 | $91,394.22 | |
| AMERICAN HOMES 4 RENT- A | US | AMH | 4,686 | $172,351.08 |
| AMERICAN TOWER REIT INC | US | AMT | 1,044 | $206,283.96 |
| AMERICOLD REALTY TRUST | US | COLD | 3,719 | $92,677.48 |
| ANALOG DEVICES INC | US | ADI | 783 | $154,869.57 |
| APPLIED MATERIALS INC | US | AMAT | 26,275 | $5,418,693.25 |
| ARCHER-DANIELS-MIDLAND CO | US | ADM | 957 | $60,109.17 |
| ASHTEAD CAPITAL INC 4.00000 05/01/2028 | US | 470,000 | $441,973.94 | |
| ASTRAZENECA | GB | AZN | 124,409 | $8,428,709.75 |
| ATLASSIAN CORP PLC-CLASS A | AU | TEAM | 1,160 | $226,327.60 |
| AUCKLAND INTL AIRPORT LTD | NZ | AIA NZ | 55,429 | $276,519.07 |
| AUTO TRADER GROUP PLC | GB | AUTO LN | 33,469 | $295,561.86 |
| AVALONBAY COMMUNITIES INC | US | AVB | 1,195 | $221,744.20 |
| AVANZA BANK HOLDING AB | SE | AZA SS | 7,013 | $151,179.29 |
| BAE SYSTEMS PLC | GB | BA/ LN | 19,595 | $334,005.16 |
| BAE SYSTEMS PLC -SPON ADR | GB | BAESY | 27,374 | $1,898,386.90 |
| BANK OF AMERICA CORP | US | BAC | 5,704 | $216,295.68 |
| BANK OF AMERICA CORP 2.68700 04/22/2032 | US | 790,000 | $668,316.21 | |
| BAXTER INTERNATIONAL INC | US | BAX | 930 | $39,748.20 |
| BEIERSDORF AG | DE | BEI GR | 2,691 | $391,801.98 |
| BIOMARIN PHARMACEUTICAL INC | US | BMRN | 48,485 | $4,234,679.90 |
| BNSF FUNDING TRUST I 6.61300 12/15/2055 | US | 190,000 | $188,679.42 | |
| BORR IHC LTD 10.00000 11/15/2028 | MUL | 200,000 | $208,830.87 | |
| BOSTON SCIENTIFIC CORP | US | BSX | 27,694 | $1,896,762.06 |
| BRENNTAG AG | DE | BNR GR | 2,156 | $181,709.93 |
| BRISTOL MYERS SQUIBB CO | US | BMY | 2,508 | $136,008.84 |
| BROADCOM INC | US | AVGO | 305 | $404,250.05 |
| BROADRIDGE FINANCIAL SOLUTIONS | US | BR | 285 | $58,385.10 |
| BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 | AE | 202,966 | $142,988.24 | |
| BUNGE LIMITED | US | BG | 371 | $38,034.92 |
| C.H. ROBINSON WORLDWIDE INC | US | CHRW | 370 | $28,171.80 |
| CAMPBELL SOUP CO | US | CPB | 800 | $35,560.00 |
| CANADIAN NATIONAL RAILWAY CO | CA | CNI | 31,013 | $4,084,722.23 |
| CAPITAL ONE FINANCIAL CO 5.70000 02/01/2030 | US | 910,000 | $917,647.41 | |
| CATERPILLAR INC | US | CAT | 760 | $278,486.80 |
| CELLNEX TELECOM SA | ES | CLNX SM | 5,617 | $198,699.71 |
| CELLNEX TELECOM SAU-UNSP ADR | ES | CLLNY | 145,371 | $2,561,437.02 |
| CENOVUS ENERGY INC 6.75000 11/15/2039 | CA | 630,000 | $695,621.40 | |
| CHEVRON CORP | US | CVX | 1,433 | $226,041.42 |
| CISCO SYSTEMS INC | US | CSCO | 4,508 | $224,994.28 |
| CITIGROUP INC | US | C | 2,561 | $161,957.64 |
| CITIGROUP INC 1.46200 06/09/2027 | US | 720,000 | $661,512.71 | |
| CLARK CNTY NV 1.51000 11/01/2028 | US | 350,000 | $301,578.76 | |
| CLEANAWAY WASTE MANAGEMENT | AU | CWY AU | 174,852 | $309,815.40 |
| COCA COLA CO/THE | US | KO | 125,300 | $7,665,854.00 |
| COGNIZANT TECH SOLUTIONS - A | US | CTSH | 748 | $54,820.92 |
| COLGATE-PALMOLIVE CO | US | CL | 1,316 | $118,505.80 |
| COMCAST CORP-CL A | US | CMCSA | 4,446 | $192,734.10 |
| CONAGRA BRAND INC. | US | CAG | 1,178 | $34,915.92 |
| CONOCOPHILLIPS | US | COP | 1,292 | $164,445.76 |
| CONSTELLATION BRANDS INC-A | US | STZ | 24,144 | $6,561,373.44 |
| COPART INC | US | CPRT | 35,998 | $2,085,004.16 |
| CORNING INC | US | GLW | 1,276 | $42,056.96 |
| COTERRA ENERGY INC | US | CTRA | 1,544 | $43,046.72 |
| CROWN CASTLE INTL CORP | US | CCI | 899 | $95,141.17 |
| CSX CORP | US | CSX | 91,031 | $3,374,519.17 |
| CUMMINS INC | US | CMI | 328 | $96,645.20 |
| CVS HEALTH CORP | US | CVS | 1,252 | $99,859.52 |
| DEUTSCHE BOERSE AG | DE | DB1 GR | 2,786 | $570,544.80 |
| DEUTSCHE BOERSE AG ADR | DE | DBOEY | 120,737 | $2,466,656.91 |
| DEVON ENERGY CORPORATION | US | DVN | 1,060 | $53,190.80 |
| DIAGEO PLC | GB | DGE LN | 4,191 | $155,076.30 |
| DIAMONDBACK ENERGY INC | US | FANG | 328 | $64,999.76 |
| DIGITAL REALTY TRUST INC | US | DLR | 723 | $104,140.92 |
| DIGITALBRIDGE GROUP INC | US | DBRG | 4,835 | $93,170.45 |
| DOLLARAMA INC | CA | DOL CN | 3,117 | $237,453.94 |
| DOW INC | US | DOW | 1,102 | $63,838.86 |
| DREYFUS GVT CSH MANAGEMENT | US | 7,749,685.06 | $7,749,685.06 | |
| EBAY INC | US | EBAY | 1,018 | $53,730.04 |
| ELECTRONIC ARTS | US | EA | 56,286 | $7,467,463.62 |
| EMERSON ELEC CO | US | EMR | 1,025 | $116,255.50 |
| ENERGY TRANSFER LP 7.37500 02/01/2031 | US | 425,000 | $445,482.48 | |
| ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | US | 630,000 | $669,506.90 | |
| EOG RESOURCES INC | US | EOG | 757 | $96,774.88 |
| EQUINIX INC | US | EQIX | 8,023 | $6,621,622.59 |
| EQUITY COMMONWEALTH | US | EQC | 4,418 | $83,411.84 |
| EQUITY LIFESTYLE PROPERTIES | US | ELS | 2,969 | $191,203.60 |
| EQUITY RESIDENTIAL | US | EQR | 1,901 | $119,972.11 |
| EVERGY INC | US | EVRG | 96,059 | $5,127,629.42 |
| EXPERIAN GROUP LTD-SPON ADR | IE | EXPGY | 60,419 | $2,630,643.26 |
| EXPERIAN PLC | IE | EXPN LN | 7,324 | $319,128.29 |
| EXTRA SPACE STORAGE INC | US | EXR | 1,303 | $191,541.00 |
| EXXON MOBIL CORP | US | XOM | 2,276 | $264,562.24 |
| FEDEX CORPORATION | US | FDX | 292 | $84,604.08 |
| FIFTH THIRD BANCORP | US | FITB | 1,508 | $56,112.68 |
| FINECOBANK SPA | IT | FBK IM | 11,224 | $168,099.59 |
| FIRST INDUSTRIAL REALTY TR | US | FR | 1,270 | $66,725.80 |
| FLAGSHIP COMMUNITIES REIT UT | US | MHC/U CN | 5,842 | $100,599.24 |
| FMC CORP | US | FMC | 322 | $20,511.40 |
| GENERAL DYNAMICS CORP | US | GD | 419 | $118,363.31 |
| GENERAL MLS INC | US | GIS | 1,088 | $76,127.36 |
| GENUINE PARTS CO | US | GPC | 346 | $53,605.78 |
| GILEAD SCIENCES INC | US | GILD | 1,850 | $135,512.50 |
| GLOBANT SA | LU | GLOB | 1,327 | $267,921.30 |
| GOLDEN PEAR FUND HOLDCO 10.00000 03/02/2028 | US | 105,000 | $88,386.29 | |
| GOODMAN GROUP | AU | GMG AU | 4,276 | $94,188.76 |
| HALLIBURTON CO | US | HAL | 1,356 | $53,453.52 |
| HALMA PLC | GB | HLMA LN | 16,303 | $486,813.78 |
| HARTFORD FINL SVCS | US | HIG | 503 | $51,834.15 |
| HDFC BANK LTD-ADR | IN | HDB | 61,053 | $3,417,136.41 |
| HEINEKEN NV | NL | HEIA NA | 5,438 | $524,264.74 |
| HEINEKEN NV-SPN ADR | NL | HEINY | 75,133 | $3,631,177.89 |
| HELIOS TOWERS PLC | GB | HTWS LN | 59,435 | $70,803.14 |
| HOME DEPOT INC | US | HD | 1,005 | $385,518.00 |
| HONEYWELL INTERNATIONAL INC | US | HON | 898 | $184,314.50 |
| HUMANA INC | US | HUM | 18,136 | $6,288,113.92 |
| HUNTINGTON BANCSHARES | US | HBAN | 2,543 | $35,474.85 |
| IDEXX LABORATORIES INC | US | IDXX | 4,661 | $2,516,613.73 |
| IMCD NV | NL | IMCD NA | 2,874 | $505,853.00 |
| INFRABUILD AUTRALIA PTY 14.50000 11/15/2028 | AU | 190,000 | $197,039.44 | |
| INTERCONTINENTALEXCHANGE INC | US | ICE | 52,398 | $7,201,057.14 |
| INTERMEDIATE CAPITAL GROUP | GB | ICP LN | 12,822 | $332,108.84 |
| INTERNATIONAL BUSINESS MACH CORP | US | IBM | 791 | $151,049.36 |
| INTERNATIONAL FLVRS & FRAGRANCES | US | IFF | 485 | $41,705.15 |
| INTUIT INC | US | INTU | 5,800 | $3,770,000.00 |
| INTUITIVE SURGICAL INC | US | ISRG | 9,935 | $3,964,959.15 |
| INVITATION HOMES INC | US | INVH | 7,841 | $279,218.01 |
| JM SMUCKER CO/THE-NEW COM WI | US | SJM | 283 | $35,621.21 |
| JOHNSON & JOHNSON | US | JNJ | 58,906 | $9,318,340.14 |
| JP MORGAN CHASE & CO | US | JPM | 16,090 | $3,222,827.00 |
| JPMORGAN CHASE & CO 4.49300 03/24/2031 | US | 1,150,000 | $1,112,248.01 | |
| KELLOGG CO | US | K | 542 | $31,051.18 |
| KEYENCE CORP | JP | 6861 JP | 700 | $324,982.64 |
| KEYWORDS STUDIOS PLC | IE | KWS LN | 12,034 | $197,757.04 |
| KRAFT HEINZ CO/THE | US | KHC | 1,518 | $56,014.20 |
| L'OREAL | FR | OR FP | 161 | $76,245.04 |
| L3HARRIS TECHNOLOGIES INC | US | LHX | 38,171 | $8,134,240.10 |
| LEXINGTON REALTY TRUST | US | LXP | 20,157 | $181,816.14 |
| LOCKHEED MARTIN CORP | US | LMT | 353 | $160,569.11 |
| LONZA GROUP AG -REG | CH | LONN SW | 741 | $442,820.52 |
| LONZA GROUP AG ADR | CH | LZAGY | 66,679 | $3,994,738.89 |
| MARATHON OIL CORP | US | MRO | 1,148 | $32,534.32 |
| MARATHON PETROLEUM CORP | US | MPC | 658 | $132,587.00 |
| MARRIOTT VACATIONS WORLD | US | VAC | 811 | $87,369.03 |
| MASCO CORP | US | MAS | 59,946 | $4,728,540.48 |
| MASSMUTUAL GLOBAL FUNDING 4.85000 01/17/2029 | US | 220,000 | $218,893.46 | |
| MASTERCARD INC-CLASS A | US | MA | 20,497 | $9,870,740.29 |
| MEDTRONIC INC | IE | MDT | 45,040 | $3,925,236.00 |
| MERCADOLIBRE INC | BR | MELI | 1,542 | $2,331,442.32 |
| MERCK & CO INC | US | MRK | 2,640 | $348,348.00 |
| MET LIFE GLOB FUNDING I 4.85000 01/08/2029 | US | 220,000 | $218,412.70 | |
| META PLATFORMS INC | US | META | 23,345 | $11,335,865.10 |
| MICROCHIP TECHNOLOGY INC | US | MCHP | 872 | $78,227.12 |
| MICRON TECHNOLOGY INC | US | MU | 82,647 | $9,743,254.83 |
| MICROSOFT CORP | US | MSFT | 21,481 | $9,037,486.32 |
| MID-AMERICA APARTMENT COMM | US | MAA | 524 | $68,947.92 |
| MONARCH CASINO & RESORT INC | US | MCRI | 1,423 | $106,710.77 |
| MONDELEZ INTERNATIONAL INC | US | MDLZ | 60,532 | $4,237,240.00 |
| MOODY'S CORPORATION | US | MCO | 16,907 | $6,644,958.21 |
| NAVIENT CORP 6.75000 06/25/2025 | US | 185,000 | $186,180.05 | |
| NESTLE S.A. - ADR | CH | NSRGY | 49,948 | $5,304,477.60 |
| NESTLE SA-REGISTERED | CH | NESN SW | 4,429 | $470,581.07 |
| NETAPP INC | US | NTAP | 571 | $59,937.87 |
| NEW FORTRESS ENERGY INC 8.75000 03/15/2029 | US | 205,000 | $204,295.99 | |
| NEW YORK LIFE GLOBAL FDG 4.70000 01/29/2029 | US | 220,000 | $217,705.71 | |
| NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 | AU | 289,058.59 | $273,506.68 | |
| NORFOLK SOUTHN CORP | US | NSC | 7,695 | $1,961,224.65 |
| NORTHROP GRUMMAN CORP | US | NOC | 7,552 | $3,614,840.32 |
| NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 | CA | 145,000 | $1.45 | |
| NOVARTIS AG- REG | CH | NVS | 28,899 | $2,795,400.27 |
| NRG 7.467 07/31/28 CORP 7.46700 07/31/2028 | US | 420,000 | $444,055.78 | |
| NVIDIA CORP | US | NVDA | 5,312 | $4,799,710.72 |
| OMNICOM GROUP | US | OMC | 522 | $50,508.72 |
| OPEN INFRA IS ASSETS AB 11.00000 02/22/2027 | US | 200,000 | $199,005.21 | |
| OXFINF 2024-A A2 6.67500 01/14/2032 | US | 50,000 | $49,695.03 | |
| PACKAGING CORP OF AMERICA | US | PKG | 243 | $46,116.54 |
| PALOMINO FUNDING TRUST I 7.23300 05/17/2028 | US | 520,000 | $545,386.12 | |
| PARAMOUNT GLOBAL CLASS B | US | PARA | 1,430 | $16,831.10 |
| PELORUS FUND REIT 7.00000 09/30/2026 | US | 190,000 | $186,309.27 | |
| PEPSICO INC 3.90000 07/18/2032 | US | 940,000 | $890,790.02 | |
| PFIZER INC | US | PFE | 4,937 | $137,001.75 |
| PHILIP MORRIS INTERNATIONAL | US | PM | 46,956 | $4,302,108.72 |
| PHILLIPS 66 | US | PSX | 562 | $91,797.08 |
| PPG INDUSTRIES INC | US | PPG | 394 | $57,090.60 |
| PROLOGIS | US | PLD | 6,034 | $785,747.48 |
| PUBLIC STORAGE INC | US | PSA | 1,011 | $293,250.66 |
| QUALCOMM 5.40000 05/20/2033 | US | 390,000 | $409,442.13 | |
| QUALCOMM INC | US | QCOM | 1,436 | $243,114.80 |
| QUALCOMM INC 4.25000 05/20/2032 | US | 530,000 | $511,483.12 | |
| QUEST DIAGNOSTICS INC | US | DGX | 305 | $40,598.55 |
| RAYTHEON TECHNOLOGIES CORP | US | RTX | 1,282 | $125,033.46 |
| REALTY INCOME CORP | US | O | 2,649 | $143,310.90 |
| REGIONS FINANCIAL CORP. | US | RF | 2,279 | $47,950.16 |
| REXFORD INDUSTRIAL REALITY IN | US | REXR | 4,613 | $232,033.90 |
| S&P GLOBAL INC | US | SPGI | 11,088 | $4,717,389.60 |
| SALESFORCE INC | US | CRM | 18,933 | $5,702,240.94 |
| SBA COMMUNICATIONS CORP | US | SBAC | 17,321 | $3,753,460.70 |
| SBA TOWER TRUST 6.59900 01/15/2028 | US | 315,000 | $322,851.06 | |
| SCHLUMBERGER LTD | US | SLB | 1,602 | $87,805.62 |
| SERVICENOW INC | US | NOW | 7,455 | $5,683,692.00 |
| SIMON PROPERTY 2.25000 01/15/2032 | US | 925,000 | $757,139.00 | |
| SIMON PROPERTY GROUP LP 2.65000 02/01/2032 | US | 725,000 | $611,485.42 | |
| SIRIUSPOINT LTD 7.00000 04/05/2029 | BM | 430,000 | $429,337.80 | |
| SKYWORKS SOLUTIONS INC | US | SWKS | 338 | $36,612.16 |
| SONY CORP FIRST SECTION | JP | 6758 JP | 4,600 | $394,453.36 |
| SONY CORP SPONSORED ADR | JP | SONY | 36,709 | $3,147,429.66 |
| SUN COMMUNITIES | US | SUI | 2,319 | $298,177.02 |
| SYSCO CORP | US | SYY | 682 | $55,364.76 |
| TAIWAN SEMICONDUCTOR - SP ADR | TW | TSM | 62,601 | $8,516,866.05 |
| TE CONNECTIVITY LIMITED | CH | TEL | 475 | $68,989.00 |
| TECHTRONIC INDUSTRIES CO LTD | HK | 669 HK | 38,000 | $516,338.88 |
| TECHTRONIC INDUSTRIES-SP ADR | HK | TTNDY | 26,670 | $1,813,159.95 |
| TENCENT HOLDINGS 3.97500 04/11/2029 | KY | 1,860,000 | $1,767,985.04 | |
| TENCENT HOLDINGS LTD | CN | 700 HK | 11,000 | $428,449.38 |
| TERRENO REALTY CORP | US | TRNO | 3,063 | $203,383.20 |
| TEXAS INSTRUMENTS INC | US | TXN | 912 | $158,879.52 |
| THERMO FISHER SCIENTIFIC INC | US | TMO | 7,783 | $4,523,557.43 |
| TRAVELLERS COS INC | US | TRV | 440 | $101,261.60 |
| TREASURY BOND 2.37500 02/15/2042 | US | 10,632,000 | $7,920,840.00 | |
| TRUIST FINANCIAL CORP | US | TFC | 1,687 | $65,759.26 |
| TSY INFL IX N/B 0.12500 01/15/2031 | US | 2,511,733.6 | $2,238,330.82 | |
| TYSON FOODS INC -CL A | US | TSN | 702 | $41,228.46 |
| U.S. BANCORP | US | USB | 2,357 | $105,357.90 |
| UDR INC | US | UDR | 1,855 | $69,395.55 |
| UNION PAC CORP | US | UNP | 7,337 | $1,804,388.41 |
| UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 | US | 17,140.57 | $16,422.84 | |
| UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 | US | 167,729.77 | $154,948.35 | |
| UNITED PARCEL SERVICE | US | UPS | 873 | $129,753.99 |
| UNITED STATES TREAS NTS 2.25000 11/15/2024 | US | 3,871,000 | $3,800,989.33 | |
| UNITEDHEALTH GROUP INC | US | UNH | 13,154 | $6,507,283.80 |
| US TEASURY NOTE 1.75000 11/15/2029 | US | 15,493,000 | $13,649,575.16 | |
| US TREASURY N/B 0.87500 11/15/2030 | US | 20,699,000 | $16,772,658.44 | |
| US TREASURY N/B 3.12500 11/15/2028 | US | 9,023,000 | $8,599,342.00 | |
| US TREASURY N/B 3.62500 02/15/2053 | US | 2,180,000 | $1,918,059.38 | |
| US TREASURY N/B 4.12500 11/15/2032 | US | 3,700,000 | $3,678,609.38 | |
| VALERO ENERGY | US | VLO | 448 | $76,469.12 |
| VENTAS INC | US | VTR | 2,231 | $97,137.74 |
| VERTEX PHARMACEUTICALS INC | US | VRTX | 5,846 | $2,443,686.46 |
| VISA INC - CLASS A SHARES | US | V | 35,275 | $9,844,547.00 |
| WARNERMEDIA HOLDINGS INC 4.05400 03/15/2029 | US | 710,000 | $664,599.43 | |
| WELLS FARGO COMPANY | US | WFC | 3,122 | $180,951.12 |
| WELLTOWER INC. | US | WELL | 2,945 | $275,180.80 |
Investments will change over time.
A Word About Risk
All investments involve risks, including possible loss of principal. Because the fund invests in both stocks and bonds, the value of your investment will fluctuate in response to stock market movements and changes in interest rates. Investing in the fund will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk. Investments in options and futures, like all derivatives, can be highly volatile and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. Also, the use of leverage increases exposure to the market and may magnify potential losses.
About The Fund Manager
Manning & Napier Advisors, LLC (Manning & Napier) provides investment advisory services to Exeter Trust Company, Trustee of the Manning & Napier Collective Investment Trust Funds. Manning & Napier is headquartered in Rochester, NY and has more than 50 years of experience managing investment objectives. The Firm’s active management approach focuses on participating in rising markets and, as important, helping to reduce the risk of large losses in sustained bear market periods. A team of investment analysts and professionals make all investment decisions in an effort to provide investors with strong risk-adjusted returns.
Daily Price
$24.31
Daily $ Change
-$0.08
Daily % Change
-0.33%
as of 04/24/2024
CUSIP
302027156
Inception Date
10/15/2013
This fund is only available for use within certain qualified employee benefit plans.
Important Documents
| Applications & Forms | |
| Fact Sheet | |
| Annual Report |
Investment Objective
To provide long-term capital growth.
Investment Strategy
The portfolio is invested in an aggressive, growth-oriented mix of securities that seeks to earn the long-term growth typically associated with the stock market. Holdings are diversified primarily among various stock investments in both domestic and foreign markets; only a minor portion of the fund is invested in fixed income securities.
The fund manager will adjust the investment mix over time to manage risk by continually evaluating individual securities and market conditions to determine the relative attractiveness of each investment. In general, stock exposure will increase when valuations are low and decrease during speculative markets.
May be Appropriate for Investors
- Who seek long-term capital growth and generally have the time to withstand market volatility
- Who have a very high capital risk tolerance
About Our Risk-Based Funds
Risk-based funds offer professional management and asset allocation through a choice of investment objectives that range from fairly aggressive to fairly conservative. All an investor has to do is determine which objective best suits their current risk tolerance and investment time horizon, then decide when to move to a different objective as their personal situation changes over the years.
Time Horizon & Range of Stock Exposure
| Conservative Term | Moderate Term | Extended Term | Maximum Term |
| 0-5 Years | 3-10 Years | 15+ Years | 7-20 Years |
| 5-35% | 20-60% | 40-70% | 70-95% |
Generally, the longer your time horizon, the more aggressive your investment objective can be. Greater stock exposure is typically associated with higher return potential and higher capital risk.
YTD
4.61%
1 Year
16.54%
3 Year
4.25%
5 Year
10.64%
10 Year
8.66%
Inception
(10/15/2013)
8.19%
Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. Your investment may fluctuate in value and there is a potential for loss as well as profit.
Performance through the inception date of the Pro-Mix® CIT Class U units is based on the historical performance of the CIT's oldest unit class. Returns are net of Pro-Mix CIT® Class U expenses.
Expense Ratio
| Gross | 0.50% |
| Net | 0.49%* |
*Reflects the Trustee’s contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.
| TREASURY NOTES | 11.45% |
| AMAZON.COM INC | 4.32% |
| ALPHABET INC-CL A | 2.96% |
| META PLATFORMS INC | 2.79% |
| MASTERCARD INC-CLASS A | 2.43% |
| VISA INC - CLASS A SHARES | 2.42% |
| TREASURY BONDS | 2.42% |
| MICRON TECHNOLOGY INC | 2.40% |
| JOHNSON & JOHNSON | 2.29% |
| MICROSOFT CORP | 2.23% |
This investment list is unaudited and excludes cash.
| Stocks | 79.70% | |
| Bonds | 18.43% | |
| Cash | 1.87% |
| International Equities | 18.60% | |
| Small Capitalization | 0.16% | |
| Mid Capitalization | 3.92% | |
| Large Capitalization | 57.02% | |
| Long Term Fixed Income | 2.97% | |
| Intermediate Term Fixed Income | 14.36% | |
| Short Term Fixed Income | 1.10% | |
| Cash | 1.87% |
Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.
| Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|
| 3M CO | US | MMM | 857 | $90,901.99 |
| ABBOTT LABORATORIES | US | ABT | 1,662 | $188,902.92 |
| ADMIRAL GROUP PLC | GB | ADM LN | 14,757 | $528,857.47 |
| ADMIRAL GROUP PLC ADR | GB | AMIGY | 47,322 | $1,694,127.60 |
| AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 | IE | 500,000 | $452,931.98 | |
| AGREE REALTY CORP | US | ADC | 2,914 | $166,447.68 |
| AIR LIQUIDE | FR | AI FP | 1,890 | $393,212.04 |
| AIRBUS SE | FR | AIR FP | 2,540 | $467,941.18 |
| ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 | US | 26,361.47 | $26,835.99 | |
| ALCON INC | CH | ALC | 47,168 | $3,928,622.72 |
| ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 | KY | 250,000 | $207,833.23 | |
| ALIBABA GROUP HOLDING 4.00000 12/06/2037 | KY | 1,030,000 | $894,803.07 | |
| ALPHABET INC-CL A | US | GOOGL | 79,568 | $12,009,198.24 |
| AMAZON.COM INC | US | AMZN | 97,345 | $17,559,091.10 |
| AMAZON.COM INC 3.30000 04/13/2027 | US | 95,000 | $91,394.22 | |
| AMERICAN HOMES 4 RENT- A | US | AMH | 4,686 | $172,351.08 |
| AMERICAN TOWER REIT INC | US | AMT | 1,044 | $206,283.96 |
| AMERICOLD REALTY TRUST | US | COLD | 3,719 | $92,677.48 |
| ANALOG DEVICES INC | US | ADI | 783 | $154,869.57 |
| APPLIED MATERIALS INC | US | AMAT | 26,275 | $5,418,693.25 |
| ARCHER-DANIELS-MIDLAND CO | US | ADM | 957 | $60,109.17 |
| ASHTEAD CAPITAL INC 4.00000 05/01/2028 | US | 470,000 | $441,973.94 | |
| ASTRAZENECA | GB | AZN | 124,409 | $8,428,709.75 |
| ATLASSIAN CORP PLC-CLASS A | AU | TEAM | 1,160 | $226,327.60 |
| AUCKLAND INTL AIRPORT LTD | NZ | AIA NZ | 55,429 | $276,519.07 |
| AUTO TRADER GROUP PLC | GB | AUTO LN | 33,469 | $295,561.86 |
| AVALONBAY COMMUNITIES INC | US | AVB | 1,195 | $221,744.20 |
| AVANZA BANK HOLDING AB | SE | AZA SS | 7,013 | $151,179.29 |
| BAE SYSTEMS PLC | GB | BA/ LN | 19,595 | $334,005.16 |
| BAE SYSTEMS PLC -SPON ADR | GB | BAESY | 27,374 | $1,898,386.90 |
| BANK OF AMERICA CORP | US | BAC | 5,704 | $216,295.68 |
| BANK OF AMERICA CORP 2.68700 04/22/2032 | US | 790,000 | $668,316.21 | |
| BAXTER INTERNATIONAL INC | US | BAX | 930 | $39,748.20 |
| BEIERSDORF AG | DE | BEI GR | 2,691 | $391,801.98 |
| BIOMARIN PHARMACEUTICAL INC | US | BMRN | 48,485 | $4,234,679.90 |
| BNSF FUNDING TRUST I 6.61300 12/15/2055 | US | 190,000 | $188,679.42 | |
| BORR IHC LTD 10.00000 11/15/2028 | MUL | 200,000 | $208,830.87 | |
| BOSTON SCIENTIFIC CORP | US | BSX | 27,694 | $1,896,762.06 |
| BRENNTAG AG | DE | BNR GR | 2,156 | $181,709.93 |
| BRISTOL MYERS SQUIBB CO | US | BMY | 2,508 | $136,008.84 |
| BROADCOM INC | US | AVGO | 305 | $404,250.05 |
| BROADRIDGE FINANCIAL SOLUTIONS | US | BR | 285 | $58,385.10 |
| BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 | AE | 202,966 | $142,988.24 | |
| BUNGE LIMITED | US | BG | 371 | $38,034.92 |
| C.H. ROBINSON WORLDWIDE INC | US | CHRW | 370 | $28,171.80 |
| CAMPBELL SOUP CO | US | CPB | 800 | $35,560.00 |
| CANADIAN NATIONAL RAILWAY CO | CA | CNI | 31,013 | $4,084,722.23 |
| CAPITAL ONE FINANCIAL CO 5.70000 02/01/2030 | US | 910,000 | $917,647.41 | |
| CATERPILLAR INC | US | CAT | 760 | $278,486.80 |
| CELLNEX TELECOM SA | ES | CLNX SM | 5,617 | $198,699.71 |
| CELLNEX TELECOM SAU-UNSP ADR | ES | CLLNY | 145,371 | $2,561,437.02 |
| CENOVUS ENERGY INC 6.75000 11/15/2039 | CA | 630,000 | $695,621.40 | |
| CHEVRON CORP | US | CVX | 1,433 | $226,041.42 |
| CISCO SYSTEMS INC | US | CSCO | 4,508 | $224,994.28 |
| CITIGROUP INC | US | C | 2,561 | $161,957.64 |
| CITIGROUP INC 1.46200 06/09/2027 | US | 720,000 | $661,512.71 | |
| CLARK CNTY NV 1.51000 11/01/2028 | US | 350,000 | $301,578.76 | |
| CLEANAWAY WASTE MANAGEMENT | AU | CWY AU | 174,852 | $309,815.40 |
| COCA COLA CO/THE | US | KO | 125,300 | $7,665,854.00 |
| COGNIZANT TECH SOLUTIONS - A | US | CTSH | 748 | $54,820.92 |
| COLGATE-PALMOLIVE CO | US | CL | 1,316 | $118,505.80 |
| COMCAST CORP-CL A | US | CMCSA | 4,446 | $192,734.10 |
| CONAGRA BRAND INC. | US | CAG | 1,178 | $34,915.92 |
| CONOCOPHILLIPS | US | COP | 1,292 | $164,445.76 |
| CONSTELLATION BRANDS INC-A | US | STZ | 24,144 | $6,561,373.44 |
| COPART INC | US | CPRT | 35,998 | $2,085,004.16 |
| CORNING INC | US | GLW | 1,276 | $42,056.96 |
| COTERRA ENERGY INC | US | CTRA | 1,544 | $43,046.72 |
| CROWN CASTLE INTL CORP | US | CCI | 899 | $95,141.17 |
| CSX CORP | US | CSX | 91,031 | $3,374,519.17 |
| CUMMINS INC | US | CMI | 328 | $96,645.20 |
| CVS HEALTH CORP | US | CVS | 1,252 | $99,859.52 |
| DEUTSCHE BOERSE AG | DE | DB1 GR | 2,786 | $570,544.80 |
| DEUTSCHE BOERSE AG ADR | DE | DBOEY | 120,737 | $2,466,656.91 |
| DEVON ENERGY CORPORATION | US | DVN | 1,060 | $53,190.80 |
| DIAGEO PLC | GB | DGE LN | 4,191 | $155,076.30 |
| DIAMONDBACK ENERGY INC | US | FANG | 328 | $64,999.76 |
| DIGITAL REALTY TRUST INC | US | DLR | 723 | $104,140.92 |
| DIGITALBRIDGE GROUP INC | US | DBRG | 4,835 | $93,170.45 |
| DOLLARAMA INC | CA | DOL CN | 3,117 | $237,453.94 |
| DOW INC | US | DOW | 1,102 | $63,838.86 |
| DREYFUS GVT CSH MANAGEMENT | US | 7,749,685.06 | $7,749,685.06 | |
| EBAY INC | US | EBAY | 1,018 | $53,730.04 |
| ELECTRONIC ARTS | US | EA | 56,286 | $7,467,463.62 |
| EMERSON ELEC CO | US | EMR | 1,025 | $116,255.50 |
| ENERGY TRANSFER LP 7.37500 02/01/2031 | US | 425,000 | $445,482.48 | |
| ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 | US | 630,000 | $669,506.90 | |
| EOG RESOURCES INC | US | EOG | 757 | $96,774.88 |
| EQUINIX INC | US | EQIX | 8,023 | $6,621,622.59 |
| EQUITY COMMONWEALTH | US | EQC | 4,418 | $83,411.84 |
| EQUITY LIFESTYLE PROPERTIES | US | ELS | 2,969 | $191,203.60 |
| EQUITY RESIDENTIAL | US | EQR | 1,901 | $119,972.11 |
| EVERGY INC | US | EVRG | 96,059 | $5,127,629.42 |
| EXPERIAN GROUP LTD-SPON ADR | IE | EXPGY | 60,419 | $2,630,643.26 |
| EXPERIAN PLC | IE | EXPN LN | 7,324 | $319,128.29 |
| EXTRA SPACE STORAGE INC | US | EXR | 1,303 | $191,541.00 |
| EXXON MOBIL CORP | US | XOM | 2,276 | $264,562.24 |
| FEDEX CORPORATION | US | FDX | 292 | $84,604.08 |
| FIFTH THIRD BANCORP | US | FITB | 1,508 | $56,112.68 |
| FINECOBANK SPA | IT | FBK IM | 11,224 | $168,099.59 |
| FIRST INDUSTRIAL REALTY TR | US | FR | 1,270 | $66,725.80 |
| FLAGSHIP COMMUNITIES REIT UT | US | MHC/U CN | 5,842 | $100,599.24 |
| FMC CORP | US | FMC | 322 | $20,511.40 |
| GENERAL DYNAMICS CORP | US | GD | 419 | $118,363.31 |
| GENERAL MLS INC | US | GIS | 1,088 | $76,127.36 |
| GENUINE PARTS CO | US | GPC | 346 | $53,605.78 |
| GILEAD SCIENCES INC | US | GILD | 1,850 | $135,512.50 |
| GLOBANT SA | LU | GLOB | 1,327 | $267,921.30 |
| GOLDEN PEAR FUND HOLDCO 10.00000 03/02/2028 | US | 105,000 | $88,386.29 | |
| GOODMAN GROUP | AU | GMG AU | 4,276 | $94,188.76 |
| HALLIBURTON CO | US | HAL | 1,356 | $53,453.52 |
| HALMA PLC | GB | HLMA LN | 16,303 | $486,813.78 |
| HARTFORD FINL SVCS | US | HIG | 503 | $51,834.15 |
| HDFC BANK LTD-ADR | IN | HDB | 61,053 | $3,417,136.41 |
| HEINEKEN NV | NL | HEIA NA | 5,438 | $524,264.74 |
| HEINEKEN NV-SPN ADR | NL | HEINY | 75,133 | $3,631,177.89 |
| HELIOS TOWERS PLC | GB | HTWS LN | 59,435 | $70,803.14 |
| HOME DEPOT INC | US | HD | 1,005 | $385,518.00 |
| HONEYWELL INTERNATIONAL INC | US | HON | 898 | $184,314.50 |
| HUMANA INC | US | HUM | 18,136 | $6,288,113.92 |
| HUNTINGTON BANCSHARES | US | HBAN | 2,543 | $35,474.85 |
| IDEXX LABORATORIES INC | US | IDXX | 4,661 | $2,516,613.73 |
| IMCD NV | NL | IMCD NA | 2,874 | $505,853.00 |
| INFRABUILD AUTRALIA PTY 14.50000 11/15/2028 | AU | 190,000 | $197,039.44 | |
| INTERCONTINENTALEXCHANGE INC | US | ICE | 52,398 | $7,201,057.14 |
| INTERMEDIATE CAPITAL GROUP | GB | ICP LN | 12,822 | $332,108.84 |
| INTERNATIONAL BUSINESS MACH CORP | US | IBM | 791 | $151,049.36 |
| INTERNATIONAL FLVRS & FRAGRANCES | US | IFF | 485 | $41,705.15 |
| INTUIT INC | US | INTU | 5,800 | $3,770,000.00 |
| INTUITIVE SURGICAL INC | US | ISRG | 9,935 | $3,964,959.15 |
| INVITATION HOMES INC | US | INVH | 7,841 | $279,218.01 |
| JM SMUCKER CO/THE-NEW COM WI | US | SJM | 283 | $35,621.21 |
| JOHNSON & JOHNSON | US | JNJ | 58,906 | $9,318,340.14 |
| JP MORGAN CHASE & CO | US | JPM | 16,090 | $3,222,827.00 |
| JPMORGAN CHASE & CO 4.49300 03/24/2031 | US | 1,150,000 | $1,112,248.01 | |
| KELLOGG CO | US | K | 542 | $31,051.18 |
| KEYENCE CORP | JP | 6861 JP | 700 | $324,982.64 |
| KEYWORDS STUDIOS PLC | IE | KWS LN | 12,034 | $197,757.04 |
| KRAFT HEINZ CO/THE | US | KHC | 1,518 | $56,014.20 |
| L'OREAL | FR | OR FP | 161 | $76,245.04 |
| L3HARRIS TECHNOLOGIES INC | US | LHX | 38,171 | $8,134,240.10 |
| LEXINGTON REALTY TRUST | US | LXP | 20,157 | $181,816.14 |
| LOCKHEED MARTIN CORP | US | LMT | 353 | $160,569.11 |
| LONZA GROUP AG -REG | CH | LONN SW | 741 | $442,820.52 |
| LONZA GROUP AG ADR | CH | LZAGY | 66,679 | $3,994,738.89 |
| MARATHON OIL CORP | US | MRO | 1,148 | $32,534.32 |
| MARATHON PETROLEUM CORP | US | MPC | 658 | $132,587.00 |
| MARRIOTT VACATIONS WORLD | US | VAC | 811 | $87,369.03 |
| MASCO CORP | US | MAS | 59,946 | $4,728,540.48 |
| MASSMUTUAL GLOBAL FUNDING 4.85000 01/17/2029 | US | 220,000 | $218,893.46 | |
| MASTERCARD INC-CLASS A | US | MA | 20,497 | $9,870,740.29 |
| MEDTRONIC INC | IE | MDT | 45,040 | $3,925,236.00 |
| MERCADOLIBRE INC | BR | MELI | 1,542 | $2,331,442.32 |
| MERCK & CO INC | US | MRK | 2,640 | $348,348.00 |
| MET LIFE GLOB FUNDING I 4.85000 01/08/2029 | US | 220,000 | $218,412.70 | |
| META PLATFORMS INC | US | META | 23,345 | $11,335,865.10 |
| MICROCHIP TECHNOLOGY INC | US | MCHP | 872 | $78,227.12 |
| MICRON TECHNOLOGY INC | US | MU | 82,647 | $9,743,254.83 |
| MICROSOFT CORP | US | MSFT | 21,481 | $9,037,486.32 |
| MID-AMERICA APARTMENT COMM | US | MAA | 524 | $68,947.92 |
| MONARCH CASINO & RESORT INC | US | MCRI | 1,423 | $106,710.77 |
| MONDELEZ INTERNATIONAL INC | US | MDLZ | 60,532 | $4,237,240.00 |
| MOODY'S CORPORATION | US | MCO | 16,907 | $6,644,958.21 |
| NAVIENT CORP 6.75000 06/25/2025 | US | 185,000 | $186,180.05 | |
| NESTLE S.A. - ADR | CH | NSRGY | 49,948 | $5,304,477.60 |
| NESTLE SA-REGISTERED | CH | NESN SW | 4,429 | $470,581.07 |
| NETAPP INC | US | NTAP | 571 | $59,937.87 |
| NEW FORTRESS ENERGY INC 8.75000 03/15/2029 | US | 205,000 | $204,295.99 | |
| NEW YORK LIFE GLOBAL FDG 4.70000 01/29/2029 | US | 220,000 | $217,705.71 | |
| NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 | AU | 289,058.59 | $273,506.68 | |
| NORFOLK SOUTHN CORP | US | NSC | 7,695 | $1,961,224.65 |
| NORTHROP GRUMMAN CORP | US | NOC | 7,552 | $3,614,840.32 |
| NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 | CA | 145,000 | $1.45 | |
| NOVARTIS AG- REG | CH | NVS | 28,899 | $2,795,400.27 |
| NRG 7.467 07/31/28 CORP 7.46700 07/31/2028 | US | 420,000 | $444,055.78 | |
| NVIDIA CORP | US | NVDA | 5,312 | $4,799,710.72 |
| OMNICOM GROUP | US | OMC | 522 | $50,508.72 |
| OPEN INFRA IS ASSETS AB 11.00000 02/22/2027 | US | 200,000 | $199,005.21 | |
| OXFINF 2024-A A2 6.67500 01/14/2032 | US | 50,000 | $49,695.03 | |
| PACKAGING CORP OF AMERICA | US | PKG | 243 | $46,116.54 |
| PALOMINO FUNDING TRUST I 7.23300 05/17/2028 | US | 520,000 | $545,386.12 | |
| PARAMOUNT GLOBAL CLASS B | US | PARA | 1,430 | $16,831.10 |
| PELORUS FUND REIT 7.00000 09/30/2026 | US | 190,000 | $186,309.27 | |
| PEPSICO INC 3.90000 07/18/2032 | US | 940,000 | $890,790.02 | |
| PFIZER INC | US | PFE | 4,937 | $137,001.75 |
| PHILIP MORRIS INTERNATIONAL | US | PM | 46,956 | $4,302,108.72 |
| PHILLIPS 66 | US | PSX | 562 | $91,797.08 |
| PPG INDUSTRIES INC | US | PPG | 394 | $57,090.60 |
| PROLOGIS | US | PLD | 6,034 | $785,747.48 |
| PUBLIC STORAGE INC | US | PSA | 1,011 | $293,250.66 |
| QUALCOMM 5.40000 05/20/2033 | US | 390,000 | $409,442.13 | |
| QUALCOMM INC | US | QCOM | 1,436 | $243,114.80 |
| QUALCOMM INC 4.25000 05/20/2032 | US | 530,000 | $511,483.12 | |
| QUEST DIAGNOSTICS INC | US | DGX | 305 | $40,598.55 |
| RAYTHEON TECHNOLOGIES CORP | US | RTX | 1,282 | $125,033.46 |
| REALTY INCOME CORP | US | O | 2,649 | $143,310.90 |
| REGIONS FINANCIAL CORP. | US | RF | 2,279 | $47,950.16 |
| REXFORD INDUSTRIAL REALITY IN | US | REXR | 4,613 | $232,033.90 |
| S&P GLOBAL INC | US | SPGI | 11,088 | $4,717,389.60 |
| SALESFORCE INC | US | CRM | 18,933 | $5,702,240.94 |
| SBA COMMUNICATIONS CORP | US | SBAC | 17,321 | $3,753,460.70 |
| SBA TOWER TRUST 6.59900 01/15/2028 | US | 315,000 | $322,851.06 | |
| SCHLUMBERGER LTD | US | SLB | 1,602 | $87,805.62 |
| SERVICENOW INC | US | NOW | 7,455 | $5,683,692.00 |
| SIMON PROPERTY 2.25000 01/15/2032 | US | 925,000 | $757,139.00 | |
| SIMON PROPERTY GROUP LP 2.65000 02/01/2032 | US | 725,000 | $611,485.42 | |
| SIRIUSPOINT LTD 7.00000 04/05/2029 | BM | 430,000 | $429,337.80 | |
| SKYWORKS SOLUTIONS INC | US | SWKS | 338 | $36,612.16 |
| SONY CORP FIRST SECTION | JP | 6758 JP | 4,600 | $394,453.36 |
| SONY CORP SPONSORED ADR | JP | SONY | 36,709 | $3,147,429.66 |
| SUN COMMUNITIES | US | SUI | 2,319 | $298,177.02 |
| SYSCO CORP | US | SYY | 682 | $55,364.76 |
| TAIWAN SEMICONDUCTOR - SP ADR | TW | TSM | 62,601 | $8,516,866.05 |
| TE CONNECTIVITY LIMITED | CH | TEL | 475 | $68,989.00 |
| TECHTRONIC INDUSTRIES CO LTD | HK | 669 HK | 38,000 | $516,338.88 |
| TECHTRONIC INDUSTRIES-SP ADR | HK | TTNDY | 26,670 | $1,813,159.95 |
| TENCENT HOLDINGS 3.97500 04/11/2029 | KY | 1,860,000 | $1,767,985.04 | |
| TENCENT HOLDINGS LTD | CN | 700 HK | 11,000 | $428,449.38 |
| TERRENO REALTY CORP | US | TRNO | 3,063 | $203,383.20 |
| TEXAS INSTRUMENTS INC | US | TXN | 912 | $158,879.52 |
| THERMO FISHER SCIENTIFIC INC | US | TMO | 7,783 | $4,523,557.43 |
| TRAVELLERS COS INC | US | TRV | 440 | $101,261.60 |
| TREASURY BOND 2.37500 02/15/2042 | US | 10,632,000 | $7,920,840.00 | |
| TRUIST FINANCIAL CORP | US | TFC | 1,687 | $65,759.26 |
| TSY INFL IX N/B 0.12500 01/15/2031 | US | 2,511,733.6 | $2,238,330.82 | |
| TYSON FOODS INC -CL A | US | TSN | 702 | $41,228.46 |
| U.S. BANCORP | US | USB | 2,357 | $105,357.90 |
| UDR INC | US | UDR | 1,855 | $69,395.55 |
| UNION PAC CORP | US | UNP | 7,337 | $1,804,388.41 |
| UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 | US | 17,140.57 | $16,422.84 | |
| UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 | US | 167,729.77 | $154,948.35 | |
| UNITED PARCEL SERVICE | US | UPS | 873 | $129,753.99 |
| UNITED STATES TREAS NTS 2.25000 11/15/2024 | US | 3,871,000 | $3,800,989.33 | |
| UNITEDHEALTH GROUP INC | US | UNH | 13,154 | $6,507,283.80 |
| US TEASURY NOTE 1.75000 11/15/2029 | US | 15,493,000 | $13,649,575.16 | |
| US TREASURY N/B 0.87500 11/15/2030 | US | 20,699,000 | $16,772,658.44 | |
| US TREASURY N/B 3.12500 11/15/2028 | US | 9,023,000 | $8,599,342.00 | |
| US TREASURY N/B 3.62500 02/15/2053 | US | 2,180,000 | $1,918,059.38 | |
| US TREASURY N/B 4.12500 11/15/2032 | US | 3,700,000 | $3,678,609.38 | |
| VALERO ENERGY | US | VLO | 448 | $76,469.12 |
| VENTAS INC | US | VTR | 2,231 | $97,137.74 |
| VERTEX PHARMACEUTICALS INC | US | VRTX | 5,846 | $2,443,686.46 |
| VISA INC - CLASS A SHARES | US | V | 35,275 | $9,844,547.00 |
| WARNERMEDIA HOLDINGS INC 4.05400 03/15/2029 | US | 710,000 | $664,599.43 | |
| WELLS FARGO COMPANY | US | WFC | 3,122 | $180,951.12 |
| WELLTOWER INC. | US | WELL | 2,945 | $275,180.80 |
Investments will change over time.
A Word About Risk
All investments involve risks, including possible loss of principal. Because the fund invests in both stocks and bonds, the value of your investment will fluctuate in response to stock market movements and changes in interest rates. Investing in the fund will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk. Investments in options and futures, like all derivatives, can be highly volatile and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. Also, the use of leverage increases exposure to the market and may magnify potential losses.
About The Fund Manager
Manning & Napier Advisors, LLC (Manning & Napier) provides investment advisory services to Exeter Trust Company, Trustee of the Manning & Napier Collective Investment Trust Funds. Manning & Napier is headquartered in Rochester, NY and has more than 50 years of experience managing investment objectives. The Firm’s active management approach focuses on participating in rising markets and, as important, helping to reduce the risk of large losses in sustained bear market periods. A team of investment analysts and professionals make all investment decisions in an effort to provide investors with strong risk-adjusted returns.