Collective Investment Trusts

Pro-Mix® Moderate Term CIT

Investment Objective

To provide equal emphasis on long-term capital growth and capital preservation.

Investment Strategy

The portfolio is invested in a moderately conservative mix of securities that seeks to balance growth and capital preservation for a more stable rate of return relative to an investment in the stock market. Holdings are diversified primarily among intermediate to long-term fixed income securities. Because this fund is designed to moderate risk, stocks will typically be a minority in the portfolio, unless the fund manager’s analysis shows that the stock market is especially attractive.

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 want long-term capital growth and who seek to minimize extreme declines in account value
  • Who have a moderate tolerance for capital risk

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.

Learn more about our Pro-Mix® Series

Daily Price

$17.23

Daily $ Change

-$0.07

Daily % Change

-0.41%

as of 07/19/2024

CUSIP

302027131

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

Performance

As of 06/30/2024

YTD

3.53%

1 Year

8.33%

3 Year

0.30%

5 Year

5.52%

10 Year

4.45%

Inception
(01/01/2000)

6.20%

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.

Top Ten Investments

As of 06/30/2024

UNITED STATES TREAS NTS . 20291115 1.750% 5.16%
UNITED STATES TREAS BDS . 20420215 2.375% 4.20%
UNITED STATES TREAS NTS . 20271115 2.250% 4.07%
UNITED STATES TREAS NTS . 20321115 4.125% 2.66%
UNITED STATES TREAS NTS . 20251115 2.250% 2.03%
AMAZON COM INC 1.75%
META PLATFORMS INC CL A 1.64%
ALPHABET INC CAP STK CL A 1.53%
TAIWAN SEMICONDUCTOR MFG LTD 1.35%
UNITED STATES TREAS NTS . 20331115 4.500% 1.35%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 06/30/2024

Fixed Income
56.76%
Equity
41.32%
Cash and Equivalents
1.91%
Security Description Country Ticker Shares/Par Market Value (USD)
ADMIRAL GROUP US 43,452 $1,436,349.31
ADMIRAL GROUP GB 11,744 $388,212.19
AERCAP IRELAND CAPITAL LIMITED SR GLBL NT 20281029 3.000% US 1,400,000 $1,272,936.00
AGREE REALTY CORP US 3,069 $190,093.86
AIR LIQUIDE FR 1,964 $339,481.01
AIRBUS SE EUR1 FR 2,366 $325,236.64
ALASKA AIRLINES EQ TR -B B . 20270215 8.000% US 65,903.66 $66,652.59
ALCON INC ORD SHS US 21,653 $1,928,849.24
ALEXANDER FDG TR II SR SEC GLBL 20280731 7.467% US 1,125,000 $1,190,463.75
ALIBABA GROUP HLDG LTD SR GLBL NT 20310209 2.125% US 800,000 $662,032.00
ALIBABA GROUP HLDG LTD SR GLBL NT 20371206 4.000% US 2,660,000 $2,260,787.20
ALPHABET INC CAP STK CL A US 33,826 $6,161,405.90
AMAZON COM INC US 36,502 $7,054,011.50
AMERICAN HEALTHCARE REIT INC US 6,667 $97,404.87
AMERICAN HOMES 4 RENT US 6,576 $244,364.16
AMERICAN TOWER REIT COM US 1,504 $292,347.52
AMERICOLD RLTY TR US 5,216 $133,216.64
APPLE INC COM US 10,915 $2,298,917.30
ASHTEAD CAP INC SR SEC GLBL 20280501 4.000% US 1,320,000 $1,247,690.40
ASTRAZENECA PLC US 52,131 $4,065,696.69
ATLASSIAN CORPORATION CL A US 11,530 $2,039,426.40
AUCKLAND INTL NPV NZ 43,041 $201,685.89
AUTO TRADER GROUP ORD GBP1.50 GB 41,948 $424,848.06
AVALONBAY CMNTYS INC US 1,743 $360,609.27
AVANZA BANK HLDG NPV SE 8,624 $209,691.98
BAE SYS PLC US 22,777 $1,520,228.09
BAE SYSTEMS ORD GBP0.025 GB 15,602 $260,336.84
BANK AMERICA CORP FR . 20320422 2.687% US 2,060,000 $1,743,831.20
BEIERSDORF AG NPV DE 2,177 $318,598.43
BLACKROCK INC US 1,935 $1,523,464.20
BNSF FUNDING TRUST GTD PFD SECS 20551215 6.613% US 1,005,000 $1,004,577.90
BORR IHC LTD SR SEC A 20281115 10.000% US 366,097.56 $382,571.95
BRENNTAG AG NPV DE 2,290 $154,523.20
BROOGE PETROLEUM AND GAS AE 395,140 $343,771.80
CANADIAN NATL RY CO US 27,184 $3,211,245.92
CAPITAL ONE FINL CORP SR GLBL NT 20311030 7.624% US 2,120,000 $2,335,498.00
CARETRUST REIT INC US 5,594 $140,409.40
CELLNEX TELECOM SA EUR0.25 ES 7,468 $243,076.29
CENOVUS ENERGY INC SR NT . 20391115 6.750% US 1,640,000 $1,774,381.60
CF HIPPOLYTA ISSUER - A- . 20600715 1.690% US 921,938.3 $873,640.44
CF HIPPOLYTA ISSUER - A- . 20600715 1.990% US 768,376.14 $667,394.15
CIM TR -INV A- FLT 20490225 4.000% US 20,268.24 $18,922.08
CITIGROUP INC SR GLBL NT 20270609 1.462% US 2,060,000 $1,909,208.00
CITIZENS BK NA PROVIDENCE RI SR GLBL NT 20280809 4.575% US 1,280,000 $1,236,236.80
CLEANAWAY WASTE MG NPV AU 136,027 $251,642.40
COCA COLA CO US 78,972 $5,026,567.80
COGENT IPV LLC, - A- . 20540525 7.924% US 750,000 $763,892.40
COLT MTG LN TR -INV A- FLT 20681226 5.903% US 1,170,460.69 $1,164,883.91
CONSTELLATION BRANDS INC US 9,107 $2,343,048.96
COPART INC US 42,231 $2,287,230.96
CREDIT ACC AUTO LN - TR B . 20300715 1.380% US 1,700,000 $1,690,559.90
CROWN CASTLE INTL CORP NEW US 1,313 $128,280.10
CSMC TRUST -IVR A- FLT 20430525 2.500% US 187,574.32 $159,448.11
CSMC TRUST -TH A- FLT 20430225 2.130% US 108,447.24 $89,889.43
CSX CORP US 86,232 $2,884,460.40
DATABANK ISSUER LLC - A- . 20511025 2.400% US 1,060,000 $961,307.11
DATABANK ISSUER LLC - A- . 20530225 5.116% US 1,350,000 $1,292,882.45
DEUTSCHE BOERSE ADR US 114,853 $2,352,304.29
DEUTSCHE BOERSE AG NPV(REGD) DE 2,218 $454,271.74
DIGITAL RLTY TR INC US 1,837 $279,315.85
DIGITALBRIDGE GROUP INC CL A NEW US 7,516 $102,969.20
DOLLARAMA INC COM NPV CA 3,584 $327,165.89
ELECTRONIC ARTS INC US 29,879 $4,163,041.07
ENERGY TRANSFER L P SR GLBL A 20310201 7.375% US 1,195,000 $1,247,245.40
ENERGY TRANSFER L P SR NT . 20420201 6.500% US 1,775,000 $1,845,165.75
EPAM SYS INC US 8,717 $1,639,754.87
EQUINIX INC US 1,544 $1,168,190.40
EQUITY COMWLTH US 5,526 $107,204.40
EQUITY LIFESTYLE PPTYS INC US 4,541 $295,755.33
EQUITY RESIDENTIAL US 3,794 $263,075.96
EVERGY INC COM US 45,265 $2,397,687.05
EXPERIAN ORD USD0.10 GB 5,694 $265,310.37
EXTRA SPACE STORAGE INC US 1,938 $301,184.58
FHLMC GIANT MBS GOLD COMB . 20371001 6.000% US 17,297.06 $17,725.68
FHLMC GIANT MBS GOLD COMB . 20400301 6.000% US 37,005.46 $37,927.27
FHLMC GIANT MBS GOLD COMB . 20400401 6.000% US 33,098.99 $33,858.28
FHLMC GIANT MBS GOLD COMB . 20400501 6.000% US 109,137.19 $111,855.80
FHLMC GIANT MBS GOLD COMB . 20471001 4.500% US 341,000.39 $328,894.88
FHLMC REMIC SERIES CP . 20490625 2.500% US 1,416,997.52 $1,209,955.34
FHLMC SUPER Y FIXED . 20500201 3.000% US 1,865,719.7 $1,614,034.11
FHLMC SUPER Y FIXED . 20520601 4.500% US 1,636,716.28 $1,547,809.85
FHLMC SUPER Y FIXED . 20520701 5.500% US 2,821,902.59 $2,793,006.31
FHLMC SUPER Y FIXED . 20521201 5.000% US 3,181,277.16 $3,084,311.83
FHLMC SUPER Y FIXED . 20531101 6.000% US 1,921,087.64 $1,940,529.05
FIFTH THIRD BANCORP SR GLBL NT 20281027 6.361% US 405,000 $413,881.65
FIN OF AMER STRU SECS -S A . 20721225 3.000% US 1,045,046.54 $998,679.29
FINECOBANK SPA EUR0.33 IT 12,162 $181,441.96
FIRST INDUSTRIAL REALTY TRUS US 1,843 $87,560.93
FISERV INC US 14,892 $2,219,503.68
FLAGSHIP CMNTYS RE TR UNIT (USD) CA 8,366 $116,622.04
FLEXENTIAL ISSUER LLC - A- . 20511127 3.250% US 1,720,000 $1,582,279.43
FNMA MEGA WGTD AVG MEGA . 20490101 5.641% US 738,316.8 $738,124.84
FNMA REMIC TRUST - KP . 20470725 3.500% US 17,193.72 $16,512.38
FNMA SUPER INT YEAR . 20241001 5.500% US 40.86 $40.97
FNMA SUPER INT YEAR . 20430601 4.500% US 1,933,563.98 $1,855,564.01
FNMA SUPER LNG YEAR . 20380401 6.000% US 113,385.69 $116,063.86
FNMA SUPER LNG YEAR . 20380701 6.000% US 55,278.24 $56,677.33
FNMA SUPER LNG YEAR . 20381001 6.000% US 24,329.48 $24,887.11
FNMA SUPER LNG YEAR . 20410201 4.500% US 154,221.96 $150,050.26
FNMA SUPER LNG YEAR . 20440601 4.500% US 474,643.33 $452,449.01
FNMA SUPER LNG YEAR . 20491201 3.500% US 1,758,836.85 $1,594,983.61
FNMA SUPER LNG YEAR . 20501201 3.000% US 2,464,855.11 $2,132,420.10
FNMA SUPER LNG YEAR . 20511201 3.000% US 2,160,620.48 $1,869,195.99
FNMA SUPER LNG YEAR . 20520401 3.500% US 3,038,694.25 $2,723,034.69
FNMA UMBS INT YEAR . 20340201 4.500% US 162,362.74 $159,995.49
FNMA UMBS INT YEAR . 20340501 4.500% US 137,657.82 $135,548.90
FNMA UMBS INT YEAR . 20380701 3.500% US 97,156.3 $90,897.49
FNMA UMBS INT YEAR . 20401201 2.500% US 1,944,255.1 $1,699,784.46
FNMA UMBS INT YEAR . 20420601 4.000% US 1,844,534.92 $1,723,072.30
FNMA UMBS INT YEAR . 20430201 5.000% US 2,914,305.04 $2,858,962.39
FNMA UMBS LNG YEAR . 20410401 4.500% US 58,847.37 $57,256.14
FNMA UMBS LNG YEAR . 20460401 3.500% US 130,811.36 $118,721.77
FNMA UMBS LNG YEAR . 20461001 4.000% US 372,559.82 $348,712.27
FNMA UMBS LNG YEAR . 20500501 3.000% US 3,191,364.62 $2,759,253.85
FNMA UMBS LNG YEAR . 20520501 3.500% US 2,007,934.88 $1,781,901.65
FNMA UMBS LNG YEAR . 20520501 4.000% US 1,940,125.09 $1,781,461.66
FNMA UMBS LNG YEAR . 20520901 4.000% US 3,037,730.52 $2,789,153.03
FNMA UMBS LNG YEAR . 20520901 4.500% US 2,154,576.25 $2,036,311.56
FNMA UMBS LNG YEAR . 20521101 5.500% US 1,538,221.93 $1,523,593.44
FNMA UMBS LNG YEAR . 20530101 5.000% US 2,842,202.26 $2,755,657.20
GLOBANT S A US 11,534 $2,056,050.84
GNMA REMIC TRUST - AH . 20561216 2.600% US 134,833.68 $121,184.88
GOLDEN PEAR FUNDING HOLDCO LLC SR A NT 20280302 10.000% US 235,000 $218,949.50
GOODGREEN - A . 20550415 2.630% US 886,744.18 $737,798.74
GOODMAN GROUP NPV (STAPLED UNITS) AU 4,007 $92,993.60
GS MBS TR -PJ A- FLT 20520225 2.500% US 712,009.12 $612,951.56
GS MBS TR -PJ A- FLT 20520525 2.500% US 1,120,829.69 $958,116.49
GS MRTG BCK SEC TR -INV A- FLT 20511225 2.500% US 893,038.19 $769,737.57
GS MTG -BACK SEC TR -PJ A- FLT 20511125 2.500% US 697,604.8 $601,102.62
HALMA ORD GBP0.10 GB 12,669 $433,362.73
HAWAII ST TAXABLE GO REF BDS G 20381001 2.682% US 1,170,000 $882,975.60
HDFC BANK LTD US 64,762 $4,166,139.46
HEINEKEN N V US 79,431 $3,843,666.09
HEINEKEN NV NL 4,177 $404,245.99
HELIOS TOWERS PLC ORD GBP0.01 GB 67,275 $98,989.27
HOTWIRE FDING LLC - A- . 20530520 5.687% US 2,800,000 $2,802,377.20
HUMANA INC US 4,344 $1,623,135.60
HUNTINGTON BANCSHARES INC GLBL NT . 20300204 2.550% US 1,445,000 $1,236,226.40
IMCD NV EUR0.16 NL 2,838 $393,282.31
IMPERIAL FUND MTG TR -NQM A- FLT 20561125 1.595% US 799,810 $674,658.85
INFINEON TECHNOLOGIES AG US 77,056 $2,833,117.95
INFINEON TECHNOLOGY DE 8,385 $308,286.13
INFRABUILD AUSTRALIA PTY LTD SR A NT 20281115 14.500% US 390,000 $403,201.50
INTERCONTINENTAL EXCHANGE INC COM US 17,121 $2,343,693.69
INTERMED CAP GRP ORD GBP0.2625 GB 9,967 $274,916.39
INTUITIVE SURGICAL INC US 4,013 $1,785,183.05
INVITATION HOMES INC US 11,322 $406,346.58
ITALY REP GLBL NT . 20241017 2.375% IT 240,000 $237,616.80
JAPAN (2 YEAR ISSUE) JP 200,000,000 $1,240,096.98
JEFFERIES FINANCIAL GROUP INC SR GLBL NT. 20340414 6.200% US 1,840,000 $1,864,435.20
JOHNSON AND JOHNSON US 28,690 $4,193,330.40
JP MORGAN MTG TR - -A- FLT 20290625 3.000% US 120,807.22 $115,522.65
JPMORGAN CHASE n CO SR GLBL NT 20310324 4.493% US 2,975,000 $2,867,543.00
KEYBANK NATIONAL ASSOCIATION SR GLBL NT 20271115 5.850% US 1,240,000 $1,236,118.80
KEYENCE CORP JP 800 $350,864.11
L3HARRIS TECHNOLOGIES INC COM US 22,096 $4,962,319.68
LEXINGTON CORP PPTYS TR US 22,052 $201,114.24
LIBRA SOL LLC - A . 20350215 7.000% US 464,054.47 $463,164.37
LONZA GROUP AG US 27,098 $1,478,846.25
LONZA GROUP AG CHF1(REGD) CH 587 $320,348.10
MASCO CORP US 19,568 $1,304,598.56
MASSMUTUAL GLBL FDG II MTN A NT . 20290117 4.850% US 660,000 $655,578.00
MASTERCARD INCORPORATED CL A US 11,648 $5,138,631.68
MERCADOLIBRE INC US 1,575 $2,588,355.00
META PLATFORMS INC CL A US 13,071 $6,590,659.62
METROPOLITAN LIFE GLOBAL FDG I FR . 20290108 4.850% US 660,000 $654,733.20
MEX BONOS DESARR FIX RT MX 1,000,000 $48,866.59
MICRON TECHNOLOGY INC US 10,161 $1,336,476.33
MICROSOFT CORP US 11,088 $4,955,781.60
MID-AMER APT CMNTYS INC US 928 $132,342.08
MONARCH CASINO AND RESORT INC US 1,459 $99,401.67
MONDELEZ INTL INC US 21,140 $1,383,401.60
MOODYS CORP US 6,589 $2,773,507.77
MSCI INC US 4,824 $2,323,962.00
NAVIENT CORPORATION SR GLBL NT 20250625 6.750% US 395,000 $394,794.60
NESTLE S A SPONSORED ADR US 21,975 $2,242,988.25
NESTLE SA CHF0.10 (REGD) CH 2,477 $252,827.11
NEW FORTRESS ENERGY INC SR SEC GLBL 20290315 8.750% US 420,000 $383,233.20
NEW RESI MTG LN TR - A- FLT 20550825 3.750% US 217,413.94 $201,442.17
NEW RESI MTG LN TR - A- FLT 20561125 3.750% US 433,643.23 $401,922.44
NEW RESI MTG LN TR - A-FXD FLT 20541125 3.750% US 188,767.59 $175,301.97
NEW YORK LIFE GLOBAL FDG FR . 20290129 4.700% US 620,000 $615,604.20
NEWCASTLE COAL INFRASTRUCTURE SR SEC A NT 20270929 4.400% US 1,161,213.78 $1,101,597.06
NORTHROP GRUMMAN CORP US 4,854 $2,116,101.30
NYMT LN TR -CP A- . 20610725 2.042% US 845,194.06 $769,140.54
OBX TRUST -INV A- FLT 20511225 3.000% US 1,151,561.76 $953,997.52
OPEN INFRA US ASSETS AB (PUBL) 11.0 20270222 US 400,000 $397,806.40
OXFORD FIN CR FD III -A LP A- . 20320114 6.675% US 195,000 $194,480.89
OXFORD FIN FDG LLC - A- . 20280215 3.100% US 370,338.65 $365,507.73
OXFORD FIN FDG TR - A- . 20310215 6.716% US 2,100,000 $2,106,106.80
OXFORD FIN FDG TR LLC - A- . 20300215 3.602% US 1,513,786.59 $1,441,935.47
PALOMINO FDG TR I SR SEC GLBL 20280517 7.233% US 2,325,000 $2,441,459.25
PEAR - LLC A . 20350716 0.000% US 963,256.56 $970,679.99
PEAR, LLC - A . 20340115 2.600% US 795,125.52 $772,305.50
PELORUS FUND REIT LLC CR SEN SR GLBL 20260930 7.000% US 55,000 $52,567.90
PHILIP MORRIS INTL INC US 43,943 $4,452,744.19
PMT LOAN TRUST -J A- FLT 20430925 3.500% US 201,299.95 $180,284.64
PNC FINL SVCS GROUP INC SR GLBL NT 20260612 5.812% US 1,730,000 $1,731,678.10
PROLOGIS INC US 8,168 $917,348.08
PROVIDENT FDG MTG TR - A-A FLT 20510525 2.000% US 856,461.94 $722,190.63
PROVIDENT FND MTG TR -INV A- FLT 20510825 2.500% US 1,458,440.89 $1,161,693.38
PUBLIC STORAGE INC US 1,559 $448,446.35
RCKT MRTG TR - A- FLT 20511225 2.500% US 1,884,223.94 $1,500,607.25
REALTY INCOME CORP US 2,788 $147,262.16
REXFORD INDL RLTY INC US 4,619 $205,961.21
ROCHE HLDG LTD SPONSORED ADR US 94,531 $3,280,887.42
ROCHE HLDGS AG GENUSSCHEINE NPV CH 1,267 $351,787.78
S AND P GLOBAL INC US 5,181 $2,310,726.00
SBA COMMUNICATIONS CORP NEW US 2,030 $398,489.00
SBA TOWER TR - - . 20521115 6.599% US 1,785,000 $1,822,140.14
SBA TOWER TRUST -- C . 20500715 1.884% US 1,730,000 $1,626,961.20
SEQUOIA MTG TR - A FLT 20430225 1.874% US 95,712.27 $78,382.40
SEQUOIA MTG TR - A- FLT 20430525 3.000% US 255,143.11 $221,735.77
SEQUOIA MTG TR - A- FLT 20430625 3.000% US 109,624.21 $94,993.27
SEQUOIA MTG TR - A- FLT 20430625 3.000% US 132,897.28 $115,521.29
SERVICENOW INC US 4,192 $3,297,720.64
SIMON PPTY GROUP LP GLBL NT . 20320115 2.250% US 1,040,000 $845,852.80
SIMON PPTY GROUP LP SR GLBL NT 20320201 2.650% US 3,175,000 $2,654,966.75
SIRIUSPOINT LTD SR GLBL NT 20290405 7.000% US 1,245,000 $1,263,002.70
SLM STUDENT LOAN TR - A- FLT 20220725 7.259% US 1,640,566.85 $1,646,739.81
SLM STUDENT LOAN TR - A- FLT 20830426 6.609% US 1,619,800.58 $1,608,095.09
SMB PRIVATE ED LN TR -B A-A FLT 20530715 1.290% US 691,979.74 $633,953.09
SMC CORP JP 400 $189,829.67
SOFTCAT PLC ORD GBP0.0005 GB 8,645 $198,564.39
SONY CORP NPV JP 3,500 $296,779.81
SOUTH CAROLINA ST PUB SVCS AUT TAXABLE REF OBLIGS B 20281201 2.329% US 770,000 $692,399.40
STARWOOD RTL PPTY TR -STAR A FLT 20271115 8.494% US 1,376,287.7 $838,847.35
SUN COMMUNITIES INC US 3,486 $419,505.24
SUTHERLAND COML MTG TF -SB A FLT 20410425 2.860% US 873,736.44 $811,207.93
TAIWAN SEMICONDUCTOR MFG LTD US 31,163 $5,416,441.03
TECHTRONIC INDS LTD US 24,848 $1,419,442.00
TECHTRONIC INDUSTRIES HK 32,000 $365,601.86
TENCENT HLDGS LIMI HKD0.00002 HK 8,400 $400,666.03
TENCENT HLDGS LTD FR . 20290411 3.975% US 2,510,000 $2,386,809.20
TERRENO RLTY CORP US 4,116 $243,584.88
THERMO FISHER SCIENTIFIC INC COM US 2,640 $1,459,920.00
TOWD PT MTG TR -HY A FLT 20481026 6.193% US 179,295.81 $181,965.45
TRUIST FINL CORP FR . 20290607 1.887% US 2,180,000 $1,909,396.60
UDR INC US 2,761 $113,615.15
UNION PAC CORP US 9,549 $2,160,556.74
UNITED AIR PASS THRU TR - B . 20291101 3.500% US 277,984.94 $259,846.62
UNITED AIRLS INC -B B . 20270901 4.600% US 46,524.4 $45,500.99
UNITED STATES TREAS BDS . 20420215 2.375% US 23,096,000 $16,891,721.52
UNITED STATES TREAS BDS . 20530215 3.625% US 5,273,000 $4,514,373.49
UNITED STATES TREAS BDS TIPS . 20270115 2.375% US 3,712,862.4 $3,710,708.94
UNITED STATES TREAS NTS . 20251115 2.250% US 8,470,000 $8,168,298.60
UNITED STATES TREAS NTS . 20271115 2.250% US 17,608,000 $16,383,715.76
UNITED STATES TREAS NTS . 20291115 1.750% US 23,613,000 $20,754,646.35
UNITED STATES TREAS NTS . 20321115 4.125% US 10,851,000 $10,686,173.31
UNITED STATES TREAS NTS . 20331115 4.500% US 5,355,000 $5,416,100.55
UNITED STATES TREAS NTS TIPS . 20310115 0.125% US 4,574,649.22 $4,043,532.45
UNITEDHEALTH GROUP INC US 3,151 $1,604,678.26
US BANCORP FR . 20290201 4.653% US 1,875,000 $1,835,456.25
US CLAIMS LITIGATION FDG LLC SR A NT 20280317 10.250% US 250,000 $232,225.00
US DOLLARS US 7,847,671.67 $7,847,671.67
VENTAS INC US 3,200 $164,032.00
VERTEX PHARMACEUTICALS INC US 3,456 $1,619,896.32
VISA INC US 17,002 $4,462,514.94
WARNERMEDIA HLDGS INC SR GLBL NT 20290315 4.054% US 1,840,000 $1,700,215.20
WELLS FARGO n CO FR . 20280422 5.707% US 1,830,000 $1,846,341.90
WELLTOWER INC US 4,222 $440,143.50
WEST FRASER TIMBER COM NPV CA 5,028 $386,079.56
WEST FRASER TIMBER LTD US 15,826 $1,216,544.62
WINWATER MTG LN TR - A- FLT 20450120 3.500% US 75,107.59 $67,535.23

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

$17.23

Daily $ Change

-$0.07

Daily % Change

-0.41%

as of 07/19/2024

CUSIP

302027131

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 equal emphasis on long-term capital growth and capital preservation.

Investment Strategy

The portfolio is invested in a moderately conservative mix of securities that seeks to balance growth and capital preservation for a more stable rate of return relative to an investment in the stock market. Holdings are diversified primarily among intermediate to long-term fixed income securities. Because this fund is designed to moderate risk, stocks will typically be a minority in the portfolio, unless the fund manager’s analysis shows that the stock market is especially attractive.

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 want long-term capital growth and who seek to minimize extreme declines in account value
  • Who have a moderate tolerance for capital risk

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.

Learn more about our Pro-Mix® Series

Performance

As of 06/30/2024

YTD

3.53%

1 Year

8.33%

3 Year

0.30%

5 Year

5.52%

10 Year

4.45%

Inception
(01/01/2000)

6.20%

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.

Top Ten Investments

As of 06/30/2024

UNITED STATES TREAS NTS . 20291115 1.750% 5.16%
UNITED STATES TREAS BDS . 20420215 2.375% 4.20%
UNITED STATES TREAS NTS . 20271115 2.250% 4.07%
UNITED STATES TREAS NTS . 20321115 4.125% 2.66%
UNITED STATES TREAS NTS . 20251115 2.250% 2.03%
AMAZON COM INC 1.75%
META PLATFORMS INC CL A 1.64%
ALPHABET INC CAP STK CL A 1.53%
TAIWAN SEMICONDUCTOR MFG LTD 1.35%
UNITED STATES TREAS NTS . 20331115 4.500% 1.35%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 06/30/2024

Fixed Income
56.76%
Equity
41.32%
Cash and Equivalents
1.91%
Security Description Country Ticker Shares/Par Market Value (USD)
ADMIRAL GROUP US 43,452 $1,436,349.31
ADMIRAL GROUP GB 11,744 $388,212.19
AERCAP IRELAND CAPITAL LIMITED SR GLBL NT 20281029 3.000% US 1,400,000 $1,272,936.00
AGREE REALTY CORP US 3,069 $190,093.86
AIR LIQUIDE FR 1,964 $339,481.01
AIRBUS SE EUR1 FR 2,366 $325,236.64
ALASKA AIRLINES EQ TR -B B . 20270215 8.000% US 65,903.66 $66,652.59
ALCON INC ORD SHS US 21,653 $1,928,849.24
ALEXANDER FDG TR II SR SEC GLBL 20280731 7.467% US 1,125,000 $1,190,463.75
ALIBABA GROUP HLDG LTD SR GLBL NT 20310209 2.125% US 800,000 $662,032.00
ALIBABA GROUP HLDG LTD SR GLBL NT 20371206 4.000% US 2,660,000 $2,260,787.20
ALPHABET INC CAP STK CL A US 33,826 $6,161,405.90
AMAZON COM INC US 36,502 $7,054,011.50
AMERICAN HEALTHCARE REIT INC US 6,667 $97,404.87
AMERICAN HOMES 4 RENT US 6,576 $244,364.16
AMERICAN TOWER REIT COM US 1,504 $292,347.52
AMERICOLD RLTY TR US 5,216 $133,216.64
APPLE INC COM US 10,915 $2,298,917.30
ASHTEAD CAP INC SR SEC GLBL 20280501 4.000% US 1,320,000 $1,247,690.40
ASTRAZENECA PLC US 52,131 $4,065,696.69
ATLASSIAN CORPORATION CL A US 11,530 $2,039,426.40
AUCKLAND INTL NPV NZ 43,041 $201,685.89
AUTO TRADER GROUP ORD GBP1.50 GB 41,948 $424,848.06
AVALONBAY CMNTYS INC US 1,743 $360,609.27
AVANZA BANK HLDG NPV SE 8,624 $209,691.98
BAE SYS PLC US 22,777 $1,520,228.09
BAE SYSTEMS ORD GBP0.025 GB 15,602 $260,336.84
BANK AMERICA CORP FR . 20320422 2.687% US 2,060,000 $1,743,831.20
BEIERSDORF AG NPV DE 2,177 $318,598.43
BLACKROCK INC US 1,935 $1,523,464.20
BNSF FUNDING TRUST GTD PFD SECS 20551215 6.613% US 1,005,000 $1,004,577.90
BORR IHC LTD SR SEC A 20281115 10.000% US 366,097.56 $382,571.95
BRENNTAG AG NPV DE 2,290 $154,523.20
BROOGE PETROLEUM AND GAS AE 395,140 $343,771.80
CANADIAN NATL RY CO US 27,184 $3,211,245.92
CAPITAL ONE FINL CORP SR GLBL NT 20311030 7.624% US 2,120,000 $2,335,498.00
CARETRUST REIT INC US 5,594 $140,409.40
CELLNEX TELECOM SA EUR0.25 ES 7,468 $243,076.29
CENOVUS ENERGY INC SR NT . 20391115 6.750% US 1,640,000 $1,774,381.60
CF HIPPOLYTA ISSUER - A- . 20600715 1.690% US 921,938.3 $873,640.44
CF HIPPOLYTA ISSUER - A- . 20600715 1.990% US 768,376.14 $667,394.15
CIM TR -INV A- FLT 20490225 4.000% US 20,268.24 $18,922.08
CITIGROUP INC SR GLBL NT 20270609 1.462% US 2,060,000 $1,909,208.00
CITIZENS BK NA PROVIDENCE RI SR GLBL NT 20280809 4.575% US 1,280,000 $1,236,236.80
CLEANAWAY WASTE MG NPV AU 136,027 $251,642.40
COCA COLA CO US 78,972 $5,026,567.80
COGENT IPV LLC, - A- . 20540525 7.924% US 750,000 $763,892.40
COLT MTG LN TR -INV A- FLT 20681226 5.903% US 1,170,460.69 $1,164,883.91
CONSTELLATION BRANDS INC US 9,107 $2,343,048.96
COPART INC US 42,231 $2,287,230.96
CREDIT ACC AUTO LN - TR B . 20300715 1.380% US 1,700,000 $1,690,559.90
CROWN CASTLE INTL CORP NEW US 1,313 $128,280.10
CSMC TRUST -IVR A- FLT 20430525 2.500% US 187,574.32 $159,448.11
CSMC TRUST -TH A- FLT 20430225 2.130% US 108,447.24 $89,889.43
CSX CORP US 86,232 $2,884,460.40
DATABANK ISSUER LLC - A- . 20511025 2.400% US 1,060,000 $961,307.11
DATABANK ISSUER LLC - A- . 20530225 5.116% US 1,350,000 $1,292,882.45
DEUTSCHE BOERSE ADR US 114,853 $2,352,304.29
DEUTSCHE BOERSE AG NPV(REGD) DE 2,218 $454,271.74
DIGITAL RLTY TR INC US 1,837 $279,315.85
DIGITALBRIDGE GROUP INC CL A NEW US 7,516 $102,969.20
DOLLARAMA INC COM NPV CA 3,584 $327,165.89
ELECTRONIC ARTS INC US 29,879 $4,163,041.07
ENERGY TRANSFER L P SR GLBL A 20310201 7.375% US 1,195,000 $1,247,245.40
ENERGY TRANSFER L P SR NT . 20420201 6.500% US 1,775,000 $1,845,165.75
EPAM SYS INC US 8,717 $1,639,754.87
EQUINIX INC US 1,544 $1,168,190.40
EQUITY COMWLTH US 5,526 $107,204.40
EQUITY LIFESTYLE PPTYS INC US 4,541 $295,755.33
EQUITY RESIDENTIAL US 3,794 $263,075.96
EVERGY INC COM US 45,265 $2,397,687.05
EXPERIAN ORD USD0.10 GB 5,694 $265,310.37
EXTRA SPACE STORAGE INC US 1,938 $301,184.58
FHLMC GIANT MBS GOLD COMB . 20371001 6.000% US 17,297.06 $17,725.68
FHLMC GIANT MBS GOLD COMB . 20400301 6.000% US 37,005.46 $37,927.27
FHLMC GIANT MBS GOLD COMB . 20400401 6.000% US 33,098.99 $33,858.28
FHLMC GIANT MBS GOLD COMB . 20400501 6.000% US 109,137.19 $111,855.80
FHLMC GIANT MBS GOLD COMB . 20471001 4.500% US 341,000.39 $328,894.88
FHLMC REMIC SERIES CP . 20490625 2.500% US 1,416,997.52 $1,209,955.34
FHLMC SUPER Y FIXED . 20500201 3.000% US 1,865,719.7 $1,614,034.11
FHLMC SUPER Y FIXED . 20520601 4.500% US 1,636,716.28 $1,547,809.85
FHLMC SUPER Y FIXED . 20520701 5.500% US 2,821,902.59 $2,793,006.31
FHLMC SUPER Y FIXED . 20521201 5.000% US 3,181,277.16 $3,084,311.83
FHLMC SUPER Y FIXED . 20531101 6.000% US 1,921,087.64 $1,940,529.05
FIFTH THIRD BANCORP SR GLBL NT 20281027 6.361% US 405,000 $413,881.65
FIN OF AMER STRU SECS -S A . 20721225 3.000% US 1,045,046.54 $998,679.29
FINECOBANK SPA EUR0.33 IT 12,162 $181,441.96
FIRST INDUSTRIAL REALTY TRUS US 1,843 $87,560.93
FISERV INC US 14,892 $2,219,503.68
FLAGSHIP CMNTYS RE TR UNIT (USD) CA 8,366 $116,622.04
FLEXENTIAL ISSUER LLC - A- . 20511127 3.250% US 1,720,000 $1,582,279.43
FNMA MEGA WGTD AVG MEGA . 20490101 5.641% US 738,316.8 $738,124.84
FNMA REMIC TRUST - KP . 20470725 3.500% US 17,193.72 $16,512.38
FNMA SUPER INT YEAR . 20241001 5.500% US 40.86 $40.97
FNMA SUPER INT YEAR . 20430601 4.500% US 1,933,563.98 $1,855,564.01
FNMA SUPER LNG YEAR . 20380401 6.000% US 113,385.69 $116,063.86
FNMA SUPER LNG YEAR . 20380701 6.000% US 55,278.24 $56,677.33
FNMA SUPER LNG YEAR . 20381001 6.000% US 24,329.48 $24,887.11
FNMA SUPER LNG YEAR . 20410201 4.500% US 154,221.96 $150,050.26
FNMA SUPER LNG YEAR . 20440601 4.500% US 474,643.33 $452,449.01
FNMA SUPER LNG YEAR . 20491201 3.500% US 1,758,836.85 $1,594,983.61
FNMA SUPER LNG YEAR . 20501201 3.000% US 2,464,855.11 $2,132,420.10
FNMA SUPER LNG YEAR . 20511201 3.000% US 2,160,620.48 $1,869,195.99
FNMA SUPER LNG YEAR . 20520401 3.500% US 3,038,694.25 $2,723,034.69
FNMA UMBS INT YEAR . 20340201 4.500% US 162,362.74 $159,995.49
FNMA UMBS INT YEAR . 20340501 4.500% US 137,657.82 $135,548.90
FNMA UMBS INT YEAR . 20380701 3.500% US 97,156.3 $90,897.49
FNMA UMBS INT YEAR . 20401201 2.500% US 1,944,255.1 $1,699,784.46
FNMA UMBS INT YEAR . 20420601 4.000% US 1,844,534.92 $1,723,072.30
FNMA UMBS INT YEAR . 20430201 5.000% US 2,914,305.04 $2,858,962.39
FNMA UMBS LNG YEAR . 20410401 4.500% US 58,847.37 $57,256.14
FNMA UMBS LNG YEAR . 20460401 3.500% US 130,811.36 $118,721.77
FNMA UMBS LNG YEAR . 20461001 4.000% US 372,559.82 $348,712.27
FNMA UMBS LNG YEAR . 20500501 3.000% US 3,191,364.62 $2,759,253.85
FNMA UMBS LNG YEAR . 20520501 3.500% US 2,007,934.88 $1,781,901.65
FNMA UMBS LNG YEAR . 20520501 4.000% US 1,940,125.09 $1,781,461.66
FNMA UMBS LNG YEAR . 20520901 4.000% US 3,037,730.52 $2,789,153.03
FNMA UMBS LNG YEAR . 20520901 4.500% US 2,154,576.25 $2,036,311.56
FNMA UMBS LNG YEAR . 20521101 5.500% US 1,538,221.93 $1,523,593.44
FNMA UMBS LNG YEAR . 20530101 5.000% US 2,842,202.26 $2,755,657.20
GLOBANT S A US 11,534 $2,056,050.84
GNMA REMIC TRUST - AH . 20561216 2.600% US 134,833.68 $121,184.88
GOLDEN PEAR FUNDING HOLDCO LLC SR A NT 20280302 10.000% US 235,000 $218,949.50
GOODGREEN - A . 20550415 2.630% US 886,744.18 $737,798.74
GOODMAN GROUP NPV (STAPLED UNITS) AU 4,007 $92,993.60
GS MBS TR -PJ A- FLT 20520225 2.500% US 712,009.12 $612,951.56
GS MBS TR -PJ A- FLT 20520525 2.500% US 1,120,829.69 $958,116.49
GS MRTG BCK SEC TR -INV A- FLT 20511225 2.500% US 893,038.19 $769,737.57
GS MTG -BACK SEC TR -PJ A- FLT 20511125 2.500% US 697,604.8 $601,102.62
HALMA ORD GBP0.10 GB 12,669 $433,362.73
HAWAII ST TAXABLE GO REF BDS G 20381001 2.682% US 1,170,000 $882,975.60
HDFC BANK LTD US 64,762 $4,166,139.46
HEINEKEN N V US 79,431 $3,843,666.09
HEINEKEN NV NL 4,177 $404,245.99
HELIOS TOWERS PLC ORD GBP0.01 GB 67,275 $98,989.27
HOTWIRE FDING LLC - A- . 20530520 5.687% US 2,800,000 $2,802,377.20
HUMANA INC US 4,344 $1,623,135.60
HUNTINGTON BANCSHARES INC GLBL NT . 20300204 2.550% US 1,445,000 $1,236,226.40
IMCD NV EUR0.16 NL 2,838 $393,282.31
IMPERIAL FUND MTG TR -NQM A- FLT 20561125 1.595% US 799,810 $674,658.85
INFINEON TECHNOLOGIES AG US 77,056 $2,833,117.95
INFINEON TECHNOLOGY DE 8,385 $308,286.13
INFRABUILD AUSTRALIA PTY LTD SR A NT 20281115 14.500% US 390,000 $403,201.50
INTERCONTINENTAL EXCHANGE INC COM US 17,121 $2,343,693.69
INTERMED CAP GRP ORD GBP0.2625 GB 9,967 $274,916.39
INTUITIVE SURGICAL INC US 4,013 $1,785,183.05
INVITATION HOMES INC US 11,322 $406,346.58
ITALY REP GLBL NT . 20241017 2.375% IT 240,000 $237,616.80
JAPAN (2 YEAR ISSUE) JP 200,000,000 $1,240,096.98
JEFFERIES FINANCIAL GROUP INC SR GLBL NT. 20340414 6.200% US 1,840,000 $1,864,435.20
JOHNSON AND JOHNSON US 28,690 $4,193,330.40
JP MORGAN MTG TR - -A- FLT 20290625 3.000% US 120,807.22 $115,522.65
JPMORGAN CHASE n CO SR GLBL NT 20310324 4.493% US 2,975,000 $2,867,543.00
KEYBANK NATIONAL ASSOCIATION SR GLBL NT 20271115 5.850% US 1,240,000 $1,236,118.80
KEYENCE CORP JP 800 $350,864.11
L3HARRIS TECHNOLOGIES INC COM US 22,096 $4,962,319.68
LEXINGTON CORP PPTYS TR US 22,052 $201,114.24
LIBRA SOL LLC - A . 20350215 7.000% US 464,054.47 $463,164.37
LONZA GROUP AG US 27,098 $1,478,846.25
LONZA GROUP AG CHF1(REGD) CH 587 $320,348.10
MASCO CORP US 19,568 $1,304,598.56
MASSMUTUAL GLBL FDG II MTN A NT . 20290117 4.850% US 660,000 $655,578.00
MASTERCARD INCORPORATED CL A US 11,648 $5,138,631.68
MERCADOLIBRE INC US 1,575 $2,588,355.00
META PLATFORMS INC CL A US 13,071 $6,590,659.62
METROPOLITAN LIFE GLOBAL FDG I FR . 20290108 4.850% US 660,000 $654,733.20
MEX BONOS DESARR FIX RT MX 1,000,000 $48,866.59
MICRON TECHNOLOGY INC US 10,161 $1,336,476.33
MICROSOFT CORP US 11,088 $4,955,781.60
MID-AMER APT CMNTYS INC US 928 $132,342.08
MONARCH CASINO AND RESORT INC US 1,459 $99,401.67
MONDELEZ INTL INC US 21,140 $1,383,401.60
MOODYS CORP US 6,589 $2,773,507.77
MSCI INC US 4,824 $2,323,962.00
NAVIENT CORPORATION SR GLBL NT 20250625 6.750% US 395,000 $394,794.60
NESTLE S A SPONSORED ADR US 21,975 $2,242,988.25
NESTLE SA CHF0.10 (REGD) CH 2,477 $252,827.11
NEW FORTRESS ENERGY INC SR SEC GLBL 20290315 8.750% US 420,000 $383,233.20
NEW RESI MTG LN TR - A- FLT 20550825 3.750% US 217,413.94 $201,442.17
NEW RESI MTG LN TR - A- FLT 20561125 3.750% US 433,643.23 $401,922.44
NEW RESI MTG LN TR - A-FXD FLT 20541125 3.750% US 188,767.59 $175,301.97
NEW YORK LIFE GLOBAL FDG FR . 20290129 4.700% US 620,000 $615,604.20
NEWCASTLE COAL INFRASTRUCTURE SR SEC A NT 20270929 4.400% US 1,161,213.78 $1,101,597.06
NORTHROP GRUMMAN CORP US 4,854 $2,116,101.30
NYMT LN TR -CP A- . 20610725 2.042% US 845,194.06 $769,140.54
OBX TRUST -INV A- FLT 20511225 3.000% US 1,151,561.76 $953,997.52
OPEN INFRA US ASSETS AB (PUBL) 11.0 20270222 US 400,000 $397,806.40
OXFORD FIN CR FD III -A LP A- . 20320114 6.675% US 195,000 $194,480.89
OXFORD FIN FDG LLC - A- . 20280215 3.100% US 370,338.65 $365,507.73
OXFORD FIN FDG TR - A- . 20310215 6.716% US 2,100,000 $2,106,106.80
OXFORD FIN FDG TR LLC - A- . 20300215 3.602% US 1,513,786.59 $1,441,935.47
PALOMINO FDG TR I SR SEC GLBL 20280517 7.233% US 2,325,000 $2,441,459.25
PEAR - LLC A . 20350716 0.000% US 963,256.56 $970,679.99
PEAR, LLC - A . 20340115 2.600% US 795,125.52 $772,305.50
PELORUS FUND REIT LLC CR SEN SR GLBL 20260930 7.000% US 55,000 $52,567.90
PHILIP MORRIS INTL INC US 43,943 $4,452,744.19
PMT LOAN TRUST -J A- FLT 20430925 3.500% US 201,299.95 $180,284.64
PNC FINL SVCS GROUP INC SR GLBL NT 20260612 5.812% US 1,730,000 $1,731,678.10
PROLOGIS INC US 8,168 $917,348.08
PROVIDENT FDG MTG TR - A-A FLT 20510525 2.000% US 856,461.94 $722,190.63
PROVIDENT FND MTG TR -INV A- FLT 20510825 2.500% US 1,458,440.89 $1,161,693.38
PUBLIC STORAGE INC US 1,559 $448,446.35
RCKT MRTG TR - A- FLT 20511225 2.500% US 1,884,223.94 $1,500,607.25
REALTY INCOME CORP US 2,788 $147,262.16
REXFORD INDL RLTY INC US 4,619 $205,961.21
ROCHE HLDG LTD SPONSORED ADR US 94,531 $3,280,887.42
ROCHE HLDGS AG GENUSSCHEINE NPV CH 1,267 $351,787.78
S AND P GLOBAL INC US 5,181 $2,310,726.00
SBA COMMUNICATIONS CORP NEW US 2,030 $398,489.00
SBA TOWER TR - - . 20521115 6.599% US 1,785,000 $1,822,140.14
SBA TOWER TRUST -- C . 20500715 1.884% US 1,730,000 $1,626,961.20
SEQUOIA MTG TR - A FLT 20430225 1.874% US 95,712.27 $78,382.40
SEQUOIA MTG TR - A- FLT 20430525 3.000% US 255,143.11 $221,735.77
SEQUOIA MTG TR - A- FLT 20430625 3.000% US 109,624.21 $94,993.27
SEQUOIA MTG TR - A- FLT 20430625 3.000% US 132,897.28 $115,521.29
SERVICENOW INC US 4,192 $3,297,720.64
SIMON PPTY GROUP LP GLBL NT . 20320115 2.250% US 1,040,000 $845,852.80
SIMON PPTY GROUP LP SR GLBL NT 20320201 2.650% US 3,175,000 $2,654,966.75
SIRIUSPOINT LTD SR GLBL NT 20290405 7.000% US 1,245,000 $1,263,002.70
SLM STUDENT LOAN TR - A- FLT 20220725 7.259% US 1,640,566.85 $1,646,739.81
SLM STUDENT LOAN TR - A- FLT 20830426 6.609% US 1,619,800.58 $1,608,095.09
SMB PRIVATE ED LN TR -B A-A FLT 20530715 1.290% US 691,979.74 $633,953.09
SMC CORP JP 400 $189,829.67
SOFTCAT PLC ORD GBP0.0005 GB 8,645 $198,564.39
SONY CORP NPV JP 3,500 $296,779.81
SOUTH CAROLINA ST PUB SVCS AUT TAXABLE REF OBLIGS B 20281201 2.329% US 770,000 $692,399.40
STARWOOD RTL PPTY TR -STAR A FLT 20271115 8.494% US 1,376,287.7 $838,847.35
SUN COMMUNITIES INC US 3,486 $419,505.24
SUTHERLAND COML MTG TF -SB A FLT 20410425 2.860% US 873,736.44 $811,207.93
TAIWAN SEMICONDUCTOR MFG LTD US 31,163 $5,416,441.03
TECHTRONIC INDS LTD US 24,848 $1,419,442.00
TECHTRONIC INDUSTRIES HK 32,000 $365,601.86
TENCENT HLDGS LIMI HKD0.00002 HK 8,400 $400,666.03
TENCENT HLDGS LTD FR . 20290411 3.975% US 2,510,000 $2,386,809.20
TERRENO RLTY CORP US 4,116 $243,584.88
THERMO FISHER SCIENTIFIC INC COM US 2,640 $1,459,920.00
TOWD PT MTG TR -HY A FLT 20481026 6.193% US 179,295.81 $181,965.45
TRUIST FINL CORP FR . 20290607 1.887% US 2,180,000 $1,909,396.60
UDR INC US 2,761 $113,615.15
UNION PAC CORP US 9,549 $2,160,556.74
UNITED AIR PASS THRU TR - B . 20291101 3.500% US 277,984.94 $259,846.62
UNITED AIRLS INC -B B . 20270901 4.600% US 46,524.4 $45,500.99
UNITED STATES TREAS BDS . 20420215 2.375% US 23,096,000 $16,891,721.52
UNITED STATES TREAS BDS . 20530215 3.625% US 5,273,000 $4,514,373.49
UNITED STATES TREAS BDS TIPS . 20270115 2.375% US 3,712,862.4 $3,710,708.94
UNITED STATES TREAS NTS . 20251115 2.250% US 8,470,000 $8,168,298.60
UNITED STATES TREAS NTS . 20271115 2.250% US 17,608,000 $16,383,715.76
UNITED STATES TREAS NTS . 20291115 1.750% US 23,613,000 $20,754,646.35
UNITED STATES TREAS NTS . 20321115 4.125% US 10,851,000 $10,686,173.31
UNITED STATES TREAS NTS . 20331115 4.500% US 5,355,000 $5,416,100.55
UNITED STATES TREAS NTS TIPS . 20310115 0.125% US 4,574,649.22 $4,043,532.45
UNITEDHEALTH GROUP INC US 3,151 $1,604,678.26
US BANCORP FR . 20290201 4.653% US 1,875,000 $1,835,456.25
US CLAIMS LITIGATION FDG LLC SR A NT 20280317 10.250% US 250,000 $232,225.00
US DOLLARS US 7,847,671.67 $7,847,671.67
VENTAS INC US 3,200 $164,032.00
VERTEX PHARMACEUTICALS INC US 3,456 $1,619,896.32
VISA INC US 17,002 $4,462,514.94
WARNERMEDIA HLDGS INC SR GLBL NT 20290315 4.054% US 1,840,000 $1,700,215.20
WELLS FARGO n CO FR . 20280422 5.707% US 1,830,000 $1,846,341.90
WELLTOWER INC US 4,222 $440,143.50
WEST FRASER TIMBER COM NPV CA 5,028 $386,079.56
WEST FRASER TIMBER LTD US 15,826 $1,216,544.62
WINWATER MTG LN TR - A- FLT 20450120 3.500% US 75,107.59 $67,535.23

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.

Sign up to receive the latest financial planning and investment tips and news.

View all Preferences