Collective Investment Trust

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

$15.81

Daily $ Change

$0.00

Daily % Change

0.00%

as of 11/30/2023

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 10/31/2023

YTD

1.49%

1 Year

4.46%

3 Year

0.68%

5 Year

4.80%

10 Year

3.95%

Inception
(10/15/2013)

5.81%

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 10/31/2023

TREASURY NOTES 21.97%
GOVERNMENT AGENCY 12.36%
TSY INFL IX N/B 0.50000 04/15/2024 3.07%
TREASURY BONDS 3.07%
AMAZON.COM INC 1.90%
TSY INFL IX N/B 2.37500 01/15/2027 1.51%
META PLATFORMS INC 1.50%
MASTERCARD INC-CLASS A 1.46%
ALPHABET INC-CL A 1.37%
TENCENT HOLDINGS 3.97500 04/11/2029 1.28%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 10/31/2023

Bonds
63.24%
Stocks
34.17%
Cash
2.59%

Detailed Asset Class Allocation

As of 10/31/2023

International Equities
9.01%
Small Capitalization
0.38%
Mid Capitalization
3.71%
Large Capitalization
21.07%
Long Term Fixed Income
11.80%
Intermediate Term Fixed Income
47.72%
Short Term Fixed Income
3.72%
Cash
2.59%

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)
ADMIRAL GROUP PLC GB ADM LN 14,626 $434,578.77
ADMIRAL GROUP PLC ADR GB AMIGY 52,697 $1,559,304.23
AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 IE 1,500,000 $1,265,280.89
AGREE REALTY CORP US ADC 5,043 $282,105.42
AIR LIQUIDE FR AI FP 1,325 $227,041.73
AIRBUS SE FR AIR FP 1,651 $221,359.83
ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 81,008.43 $80,752.73
ALCON INC CH ALC 22,609 $1,612,473.88
ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 KY 700,000 $538,028.05
ALIBABA GROUP HOLDING 4.00000 12/06/2037 KY 2,890,000 $2,169,845.38
ALPHABET INC-CL A US GOOGL 40,571 $5,034,049.68
AMAZON.COM INC US AMZN 52,409 $6,975,113.81
AMAZON.COM INC 3.30000 04/13/2027 US 2,330,000 $2,183,826.17
AMERICAN HOMES 4 RENT- A US AMH 3,141 $102,836.34
AMERICAN TOWER REIT INC US AMT 1,824 $325,018.56
AMERICOLD REALTY TRUST US COLD 10,645 $279,111.90
APARTMENT INCOME REIT CO US AIRC 2,645 $77,260.45
ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 1,430,000 $1,282,184.95
ASTRAZENECA GB AZN 3,818 $241,412.14
ATLASSIAN CORP PLC-CLASS A AU TEAM 886 $160,047.04
AUCKLAND INTL AIRPORT LTD NZ AIA NZ 36,162 $154,638.98
AUTO TRADER GROUP PLC GB AUTO LN 39,787 $300,958.95
AVALONBAY COMMUNITIES INC US AVB 1,631 $270,321.94
AVANZA BANK HOLDING AB SE AZA SS 10,082 $170,435.26
BAE SYSTEMS PLC GB BA/ LN 31,962 $429,773.27
BAE SYSTEMS PLC -SPON ADR GB BAESY 29,376 $1,600,698.24
BANK OF AMERICA CORP 2.68700 04/22/2032 US 2,220,000 $1,705,283.50
BEIERSDORF AG DE BEI GR 2,177 $286,319.16
BIOMARIN PHARMACEUTICAL INC US BMRN 29,756 $2,423,626.20
BNSF FUNDING TRUST I 6.61300 12/15/2055 US 1,070,000 $1,030,990.82
BORR IHC LTD 10.00000 11/15/2028 MUL 380,000 $379,073.29
BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 412,647 $373,957.51
CAALT 2021-3A B MTGE 1.38000 07/15/2030 US 1,950,000 $1,858,472.34
CANADIAN NATIONAL RAILWAY CO CA CNI 14,414 $1,524,712.92
CBOE GLOBAL MARKETS INC US CBOE 9,382 $1,537,615.98
CELLNEX TELECOM SA ES CLNX SM 7,855 $230,906.43
CELLNEX TELECOM SAU-UNSP ADR ES CLLNY 9,649 $140,875.40
CENOVUS ENERGY INC 6.75000 11/15/2039 CA 1,750,000 $1,698,882.12
CIM 2019-INV1 A1 4.00000 02/25/2049 US 23,902.41 $21,854.95
CITIGROUP INC 1.46200 06/09/2027 US 1,860,000 $1,636,657.64
CLARK CNTY NV 1.51000 11/01/2028 US 2,040,000 $1,695,411.32
CLEANAWAY WASTE MANAGEMENT AU CWY AU 136,027 $193,776.87
COCA COLA CO/THE US KO 75,396 $4,259,120.04
COLO 2021-2A A2 MTGE 2.40000 10/25/2051 US 1,060,000 $912,113.10
COLO 2023 - 1A A2 MTGE 5.11600 02/25/2053 US 1,350,000 $1,226,803.55
COMMUNITY HEALTHCARE TRUST I US CHCT 4,982 $142,833.94
COPART INC US CPRT 43,628 $1,898,690.56
CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 198,598.92 $160,084.81
CSMC 2013-TH1 A1 2.13000 02/25/2043 US 112,013.07 $90,448.87
CSX CORP US CSX 51,005 $1,522,499.25
DEUTSCHE BOERSE AG DE DB1 GR 2,073 $341,208.46
DEUTSCHE BOERSE AG ADR DE DBOEY 79,213 $1,297,508.94
DIAGEO PLC GB DGE LN 6,622 $250,417.72
DOLLARAMA INC CA DOL CN 1,780 $121,554.71
DREYFUS GVT CSH MANAGEMENT US 9,763,902.96 $9,763,902.96
ELECTRONIC ARTS US EA 29,879 $3,698,721.41
ENDAVA PLC - SPON ADR GB DAVA 2,170 $108,847.20
ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 3,020,000 $2,800,586.85
EQUINIX INC US EQIX 1,490 $1,087,163.60
EQUITY COMMONWEALTH US EQC 10,896 $206,370.24
EQUITY LIFESTYLE PROPERTIES US ELS 4,441 $292,217.80
EVERGY INC US EVRG 36,535 $1,795,329.90
EXTRA SPACE STORAGE INC US EXR 2,355 $243,954.45
FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 US 120,270.6 $122,467.82
FEDERAL NATL MTG ASSN AD0119 6.00000 07/01/2038 US 59,412.43 $60,497.84
FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 US 26,573.84 $27,024.33
FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 420.75 $417.59
FEDERAL NATL MTG ASSN AE0951 4.50000 02/01/2041 US 166,339.01 $154,689.65
FEDERAL NATL MTG ASSN AH9054 4.50000 04/01/2041 US 64,114.29 $59,561.67
FEDERAL NATL MTG ASSN AL7767 4.50000 06/01/2044 US 514,656.83 $478,112.15
FEDERAL NATL MTG ASSN AL8674 FLT 5.64000 01/01/2049 US 844,563.23 $840,998.93
FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 137,790.67 $117,478.58
FEDERAL NATL MTG ASSN BD6987 4.00000 10/01/2046 US 379,702.8 $335,912.19
FEDERAL NATL MTG ASSN BW1194 4.00000 09/01/2052 US 3,127,521.11 $2,707,405.36
FEDERAL NATL MTG ASSN FN FS1179 3.50000 12/01/2049 US 1,850,469.85 $1,576,164.40
FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 103,677.3 $93,457.37
FEDERAL NATL MTG ASSN FN MA4687 4.00000 06/01/2042 US 1,978,037.19 $1,750,050.82
FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 181,588.14 $174,225.55
FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 149,148.02 $143,100.73
FEDERAL NATL MTG ASSN MA4600 3.50000 05/01/2052 US 2,102,640.4 $1,753,155.26
FEDERAL NATL MTG ASSN MA4644 4.00000 05/01/2052 US 2,043,877.36 $1,770,912.14
FEDERAL NATL MTG ASSN SD8044 3.00000 02/01/2050 US 1,961,479.05 $1,593,854.00
FEDERAL NATL MTG ASSN SD8276 5.00000 12/01/2052 US 3,315,419.64 $3,056,738.30
FEDERAL NATL MTG FN MA4203 2.50000 12/01/2040 US 2,065,301.31 $1,711,216.68
FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 370,628.41 $338,652.34
FHLM POOL G03332 6.00000 10/01/2037 US 18,554.82 $18,921.02
FHLM POOL G05900 6.00000 03/01/2040 US 39,502.39 $40,280.27
FHLM POOL G05906 6.00000 04/01/2040 US 35,383.94 $36,080.72
FHLM POOL G06995 6.00000 05/01/2040 US 117,778.17 $120,097.46
FHLM POOL G60034 4.50000 02/01/2045 US 905,340.22 $836,236.90
FHLM POOL SD8230 4.50000 06/01/2052 US 1,725,544.66 $1,542,137.43
FHR 5189 CP 2.50000 06/25/2049 US 1,498,077.32 $1,195,705.02
FINECOBANK SPA IT FBK IM 23,435 $276,454.39
FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 8,366 $122,980.20
FLX 2021-1A A2 3.25000 11/27/2051 US 1,720,000 $1,488,803.62
FMC CORP US FMC 56,637 $3,013,088.40
FN DS2696 3.00000 12/01/2051 US 2,305,877.99 $1,870,625.46
FN FS4339 MTGE 3.00000 12/01/2050 US 2,593,912.25 $2,121,048.51
FN FS4925 MTGE 3.50000 04/01/2052 US 3,236,686.69 $2,739,908.17
FN MA4020 MTGE 3.00000 05/01/2050 US 3,359,269.78 $2,725,181.31
FN MA4733 4.50000 09/01/2052 US 2,246,822.93 $2,008,009.31
FN MA4807 MTGE 5.50000 11/01/2052 US 1,625,690.59 $1,544,968.03
FN MA4868 MTGE 5.00000 01/01/2053 US 2,958,739.76 $2,727,887.91
FN MA4934 MTGE 5.00000 02/01/2043 US 3,133,373.8 $2,933,999.42
FNR 2018-31 KP 3.50000 07/25/2047 US 18,693.41 $18,011.61
FR QG6308 MTG 6.00000 07/01/2053 US 2,489,297.76 $2,426,597.38
FR SD1360 MTGE 5.50000 07/01/2052 US 2,985,919.25 $2,839,321.04
GETTY REALTY CORP US GTY 3,653 $97,242.86
GLOBANT SA LU GLOB 717 $122,097.93
GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 190,334.87 $167,302.68
GOLDEN PEAR FUND HOLDCO 10.00000 03/02/2028 US 235,000 $206,406.53
GOODG 2020-1A MTGE 2.63000 04/15/2055 US 923,002.04 $757,071.56
GREENIDGE GEN HLD INC US 8,400 $50,988.00
GSMBS 2021-INV1 A6 2.50000 12/25/2051 US 937,355.88 $758,879.27
GSMBS 2021-PJ6 A8 2.50000 11/25/2051 US 738,843.17 $606,478.00
GSMBS 2021-PJ9 A8 2.50000 02/26/2052 US 761,559.8 $624,320.14
GSMBS 2022-PJ1 A8 2.50000 05/28/2052 US 1,168,920.17 $955,722.22
HALMA PLC GB HLMA LN 7,100 $159,667.49
HAWAII ST 2.68200 10/01/2038 US 1,170,000 $794,056.98
HDFC BANK LTD-ADR IN HDB 5,174 $292,589.70
HEINEKEN NV NL HEIA NA 3,735 $335,565.27
HEINEKEN NV-SPN ADR NL HEINY 69,560 $3,130,200.00
HELIOS TOWERS PLC GB HTWS LN 79,174 $58,268.50
HOTWIRE FUNDING LLC 5.68700 05/20/2053 US 2,800,000 $2,670,321.64
IDEXX LABORATORIES INC US IDXX 4,630 $1,849,546.10
IMCD NV NL IMCD NA 1,327 $159,764.91
IMPRL 2021-NQM3 1.59500 11/25/2056 US 858,152.12 $657,865.38
INTERCONTINENTALEXCHANGE INC US ICE 13,868 $1,489,977.92
INTERMEDIATE CAPITAL GROUP GB ICP LN 7,160 $113,994.37
INTUITIVE SURGICAL INC US ISRG 5,066 $1,328,406.52
INVITATION HOMES INC US INVH 9,650 $286,508.50
ITALY GOV'T INT BOND 2.37500 10/17/2024 IT 240,000 $231,917.67
JOHNSON & JOHNSON US JNJ 28,690 $4,255,874.60
JPMMT 2014-2 1A1 3.00000 06/25/2029 US 148,682.91 $138,385.11
JPMORGAN CHASE & CO 4.49300 03/24/2031 US 3,190,000 $2,881,755.37
KEYENCE CORP JP 6861 JP 500 $193,559.36
KEYWORDS STUDIOS PLC IE KWS LN 7,460 $118,457.09
KIMBERLY CLARK DE MEXICO S.A.B. MX KIMBERA MM 74,600 $136,712.19
L'OREAL FR OR FP 143 $60,107.29
L3HARRIS TECHNOLOGIES INC US LHX 20,280 $3,638,434.80
LEXINGTON REALTY TRUST US LXP 17,008 $134,533.28
LONZA GROUP AG -REG CH LONN SW 352 $123,271.80
LULULEMON - ADR CA LULU 358 $140,865.84
MARRIOTT VACATIONS WORLD US VAC 729 $65,507.94
MASCO CORP US MAS 54,564 $2,842,238.76
MASTERCARD INC-CLASS A US MA 14,244 $5,360,729.40
MEDTRONIC INC IE MDT 39,753 $2,804,971.68
MERCADOLIBRE INC BR MELI 201 $249,388.74
META PLATFORMS INC US META 18,255 $5,499,683.85
MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 1,000,000 $48,323.66
MICRON TECHNOLOGY INC US MU 66,437 $4,442,642.19
MICROSOFT CORP US MSFT 6,690 $2,261,955.90
MID-AMERICA APARTMENT COMM US MAA 1,137 $134,336.55
MONARCH CASINO & RESORT INC US MCRI 2,038 $122,667.22
MONDELEZ INTERNATIONAL INC US MDLZ 21,140 $1,399,679.40
MOODY'S CORPORATION US MCO 8,320 $2,562,560.00
NAVIENT CORP 6.75000 06/25/2025 US 395,000 $385,678.06
NESTLE S.A. - ADR CH NSRGY 31,191 $3,361,142.16
NESTLE SA-REGISTERED CH NESN SW 3,660 $394,689.94
NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 AU 1,235,974.66 $1,112,681.75
NIKE INC CLASS B US NKE 12,230 $1,256,877.10
NORTHROP GRUMMAN CORP US NOC 4,854 $2,288,321.22
NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 380,000 $38.00
NOVARTIS AG- REG CH NVS 18,554 $1,736,283.32
NRG 7.467 07/31/28 CORP 7.46700 07/31/2028 US 1,200,000 $1,190,104.30
NRZT 2014-3A AFX3 3.75000 11/25/2054 US 211,601.21 $188,136.82
NRZT 2015-2A A1 3.75000 08/25/2055 US 247,355 $223,480.20
NRZT 2016-4A A1 3.75000 11/25/2056 US 494,064.18 $444,578.86
NYMT 2022-CP1 A1 2.04240 07/25/2061 US 948,603.47 $835,813.09
OASIS 2023-1A 7.00000 02/15/2035 US 791,947.41 $787,995.99
OBX 2022-INV1 A1 3.00000 12/25/2051 US 1,205,496.87 $925,017.51
ODFJELL DRILLING LTD 9.25000 05/31/2028 BM 200,000 $201,572.35
OXFIN 2020-1A A2 3.10100 02/15/2028 US 527,675.45 $509,696.07
OXFIN 2022-1A 3.60200 02/15/2030 US 1,650,000 $1,558,490.34
OXFIN 2023-1A A2 6.71600 02/15/2031 US 2,100,000 $2,059,087.80
PALOMINO FUNDING TRUST I 7.23300 05/17/2028 US 2,490,000 $2,490,380.20
PEAR 2021-1 A MTGE 2.60000 01/15/2034 US 1,125,965.27 $1,074,125.49
PEAR 2023-1A 7.42000 07/15/2035 US 1,132,364.89 $1,118,698.60
PELORUS FUND REIT 7.00000 09/30/2026 US 55,000 $51,816.07
PEPSICO INC 3.90000 07/18/2032 US 2,540,000 $2,254,505.88
PFMT 2021 -INV1 A1 2.50000 08/25/2051 US 1,502,308.22 $1,100,158.59
PFMT 2021-2 A2A 2.00000 04/25/2051 US 901,512.6 $726,381.56
PHYSICIANS REALTY TRUST US DOC 8,637 $93,797.82
PMTLT 2013-J1 a9 3.50000 09/25/2043 US 214,031.97 $187,396.07
PROLOGIS US PLD 8,855 $892,141.25
PUBLIC STORAGE INC US PSA 1,443 $344,458.53
QUALCOMM INC 4.25000 05/20/2032 US 2,200,000 $1,989,836.29
RCKT 2021-6 A1 2.50000 12/25/2051 US 1,940,153.69 $1,410,746.11
REALTY INCOME CORP US O 3,353 $158,865.14
RENAISSANCERE HOLDINGS LTD BM RNR 1,309 $287,443.31
RENTOKIL INITIAL PLC GB RTO LN 42,940 $218,671.57
RENTOKIL INITIAL PLC-SP ADR GB RTO 38,041 $973,469.19
REXFORD INDUSTRIAL REALITY IN US REXR 4,197 $181,478.28
S&P GLOBAL INC US SPGI 2,817 $984,006.27
SALESFORCE INC US CRM 7,108 $1,427,499.64
SBA COMMUNICATIONS CORP US SBAC 2,051 $427,900.13
SBA TOWER TRUST 1.88400 01/15/2026 US 1,730,000 $1,568,014.22
SBA TOWER TRUST 6.59900 01/15/2028 US 1,785,000 $1,781,554.59
SCML 2019-SBC8 2.86000 04/25/2041 US 968,390.17 $882,942.13
SEMT 2013-2 1.87400 02/25/2043 US 105,389.45 $85,347.20
SEMT 2013-6 A2 3.00000 05/25/2043 US 282,184.34 $240,088.22
SEMT 2013-7 A2 3.00000 06/25/2043 US 115,967.83 $99,345.57
SEMT 2013-8 A1 3.00000 06/25/2043 US 139,439.13 $118,886.57
SERVICENOW INC US NOW 5,667 $3,297,343.95
SIMON PROPERTY GROUP LP 2.65000 02/01/2032 US 4,510,000 $3,438,598.58
SMB 2020-BA A1A 1.29000 07/15/2053 US 814,507.52 $719,627.44
SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 150,188.91 $145,125.92
SONY CORP FIRST SECTION JP 6758 JP 2,600 $216,161.10
SORT 2020-1 A1 MTGE 1.69000 07/15/2060 US 921,938.3 $836,117.65
SORT 2020-1 A2 1.99000 07/15/2060 US 770,942.2 $642,487.81
SOUTH CAROLINA ST PUBLIC SVC 2.32900 12/01/2028 US 770,000 $644,941.38
SRPT 2014-STAR A FLTG RATE 8.50000 11/15/2027 US 1,376,287.47 $973,750.73
STAG INDUSTRIAL INC US STAG 2,791 $92,717.02
SUN COMMUNITIES US SUI 3,403 $378,549.72
SYNCHRONOSS TECH US 7,565 $128,983.25
TAIWAN SEMICONDUCTOR - SP ADR TW TSM 30,822 $2,660,246.82
TECHTRONIC INDUSTRIES CO LTD HK 669 HK 17,000 $155,201.93
TENCENT HOLDINGS 3.97500 04/11/2029 KY 5,250,000 $4,718,161.04
TENCENT HOLDINGS LTD CN 700 HK 8,400 $310,873.55
TERRENO REALTY CORP US TRNO 3,420 $182,217.60
THERMO FISHER SCIENTIFIC INC US TMO 2,708 $1,204,437.16
TPMT 2016-5 A1 2.50000 10/25/2056 US 87,242.97 $86,181.06
TPMT 2017-1 A1 2.75000 10/25/2056 US 35,974.6 $35,622.45
TPMT 2019-HY1 A1 6.43892 10/25/2048 US 214,786.93 $214,514.86
TREASURY BOND 2.37500 02/15/2042 US 16,992,000 $11,283,750.00
TREASURY NOTE 2.25000 11/15/2027 US 16,370,000 $14,814,850.00
TSY INFL IX N/B 0.12500 01/15/2031 US 5,331,023.6 $4,506,944.00
TSY INFL IX N/B 0.50000 04/15/2024 US 11,483,262.55 $11,294,446.36
TSY INFL IX N/B 2.37500 01/15/2027 US 5,610,265.1 $5,555,599.41
UDR INC US UDR 5,386 $171,328.66
UNILEVER PLC - ADR GB UL 75,676 $3,583,258.60
UNION PAC CORP US UNP 7,589 $1,575,552.29
UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 US 51,053.8 $47,145.13
UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 US 340,592.94 $301,606.18
US CLAIMS LIT FNDG LLC 10.25000 03/17/2028 US 250,000 $223,004.03
US TEASURY NOTE 1.75000 11/15/2029 US 21,420,000 $18,002,840.63
US TREASURY N/B 0.87500 11/15/2030 US 14,895,000 $11,403,984.38
US TREASURY N/B 2.00000 11/15/2026 US 12,770,000 $11,736,428.13
US TREASURY N/B 3.12500 11/15/2028 US 17,270,000 $15,934,273.44
US TREASURY N/B 4.12500 11/15/2032 US 9,339,000 $8,819,518.13
VENTAS INC US VTR 4,161 $176,676.06
VERTEX PHARMACEUTICALS INC US VRTX 5,348 $1,936,564.28
VISA INC - CLASS A SHARES US V 17,002 $3,997,170.20
WARNERMEDIA HOLDINGS INC 4.05400 03/15/2029 US 1,960,000 $1,735,169.75
WELLTOWER INC. US WELL 3,067 $256,431.87
WIN 2015-1 A1 3.50000 01/20/2045 US 76,884.54 $65,893.55

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

$15.81

Daily $ Change

$0.00

Daily % Change

0.00%

as of 11/30/2023

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 10/31/2023

YTD

1.49%

1 Year

4.46%

3 Year

0.68%

5 Year

4.80%

10 Year

3.95%

Inception
(10/15/2013)

5.81%

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 10/31/2023

TREASURY NOTES 21.97%
GOVERNMENT AGENCY 12.36%
TSY INFL IX N/B 0.50000 04/15/2024 3.07%
TREASURY BONDS 3.07%
AMAZON.COM INC 1.90%
TSY INFL IX N/B 2.37500 01/15/2027 1.51%
META PLATFORMS INC 1.50%
MASTERCARD INC-CLASS A 1.46%
ALPHABET INC-CL A 1.37%
TENCENT HOLDINGS 3.97500 04/11/2029 1.28%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 10/31/2023

Bonds
63.24%
Stocks
34.17%
Cash
2.59%

Detailed Asset Class Allocation

As of 10/31/2023

International Equities
9.01%
Small Capitalization
0.38%
Mid Capitalization
3.71%
Large Capitalization
21.07%
Long Term Fixed Income
11.80%
Intermediate Term Fixed Income
47.72%
Short Term Fixed Income
3.72%
Cash
2.59%

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)
ADMIRAL GROUP PLC GB ADM LN 14,626 $434,578.77
ADMIRAL GROUP PLC ADR GB AMIGY 52,697 $1,559,304.23
AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 IE 1,500,000 $1,265,280.89
AGREE REALTY CORP US ADC 5,043 $282,105.42
AIR LIQUIDE FR AI FP 1,325 $227,041.73
AIRBUS SE FR AIR FP 1,651 $221,359.83
ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 81,008.43 $80,752.73
ALCON INC CH ALC 22,609 $1,612,473.88
ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 KY 700,000 $538,028.05
ALIBABA GROUP HOLDING 4.00000 12/06/2037 KY 2,890,000 $2,169,845.38
ALPHABET INC-CL A US GOOGL 40,571 $5,034,049.68
AMAZON.COM INC US AMZN 52,409 $6,975,113.81
AMAZON.COM INC 3.30000 04/13/2027 US 2,330,000 $2,183,826.17
AMERICAN HOMES 4 RENT- A US AMH 3,141 $102,836.34
AMERICAN TOWER REIT INC US AMT 1,824 $325,018.56
AMERICOLD REALTY TRUST US COLD 10,645 $279,111.90
APARTMENT INCOME REIT CO US AIRC 2,645 $77,260.45
ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 1,430,000 $1,282,184.95
ASTRAZENECA GB AZN 3,818 $241,412.14
ATLASSIAN CORP PLC-CLASS A AU TEAM 886 $160,047.04
AUCKLAND INTL AIRPORT LTD NZ AIA NZ 36,162 $154,638.98
AUTO TRADER GROUP PLC GB AUTO LN 39,787 $300,958.95
AVALONBAY COMMUNITIES INC US AVB 1,631 $270,321.94
AVANZA BANK HOLDING AB SE AZA SS 10,082 $170,435.26
BAE SYSTEMS PLC GB BA/ LN 31,962 $429,773.27
BAE SYSTEMS PLC -SPON ADR GB BAESY 29,376 $1,600,698.24
BANK OF AMERICA CORP 2.68700 04/22/2032 US 2,220,000 $1,705,283.50
BEIERSDORF AG DE BEI GR 2,177 $286,319.16
BIOMARIN PHARMACEUTICAL INC US BMRN 29,756 $2,423,626.20
BNSF FUNDING TRUST I 6.61300 12/15/2055 US 1,070,000 $1,030,990.82
BORR IHC LTD 10.00000 11/15/2028 MUL 380,000 $379,073.29
BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 412,647 $373,957.51
CAALT 2021-3A B MTGE 1.38000 07/15/2030 US 1,950,000 $1,858,472.34
CANADIAN NATIONAL RAILWAY CO CA CNI 14,414 $1,524,712.92
CBOE GLOBAL MARKETS INC US CBOE 9,382 $1,537,615.98
CELLNEX TELECOM SA ES CLNX SM 7,855 $230,906.43
CELLNEX TELECOM SAU-UNSP ADR ES CLLNY 9,649 $140,875.40
CENOVUS ENERGY INC 6.75000 11/15/2039 CA 1,750,000 $1,698,882.12
CIM 2019-INV1 A1 4.00000 02/25/2049 US 23,902.41 $21,854.95
CITIGROUP INC 1.46200 06/09/2027 US 1,860,000 $1,636,657.64
CLARK CNTY NV 1.51000 11/01/2028 US 2,040,000 $1,695,411.32
CLEANAWAY WASTE MANAGEMENT AU CWY AU 136,027 $193,776.87
COCA COLA CO/THE US KO 75,396 $4,259,120.04
COLO 2021-2A A2 MTGE 2.40000 10/25/2051 US 1,060,000 $912,113.10
COLO 2023 - 1A A2 MTGE 5.11600 02/25/2053 US 1,350,000 $1,226,803.55
COMMUNITY HEALTHCARE TRUST I US CHCT 4,982 $142,833.94
COPART INC US CPRT 43,628 $1,898,690.56
CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 198,598.92 $160,084.81
CSMC 2013-TH1 A1 2.13000 02/25/2043 US 112,013.07 $90,448.87
CSX CORP US CSX 51,005 $1,522,499.25
DEUTSCHE BOERSE AG DE DB1 GR 2,073 $341,208.46
DEUTSCHE BOERSE AG ADR DE DBOEY 79,213 $1,297,508.94
DIAGEO PLC GB DGE LN 6,622 $250,417.72
DOLLARAMA INC CA DOL CN 1,780 $121,554.71
DREYFUS GVT CSH MANAGEMENT US 9,763,902.96 $9,763,902.96
ELECTRONIC ARTS US EA 29,879 $3,698,721.41
ENDAVA PLC - SPON ADR GB DAVA 2,170 $108,847.20
ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 3,020,000 $2,800,586.85
EQUINIX INC US EQIX 1,490 $1,087,163.60
EQUITY COMMONWEALTH US EQC 10,896 $206,370.24
EQUITY LIFESTYLE PROPERTIES US ELS 4,441 $292,217.80
EVERGY INC US EVRG 36,535 $1,795,329.90
EXTRA SPACE STORAGE INC US EXR 2,355 $243,954.45
FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 US 120,270.6 $122,467.82
FEDERAL NATL MTG ASSN AD0119 6.00000 07/01/2038 US 59,412.43 $60,497.84
FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 US 26,573.84 $27,024.33
FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 420.75 $417.59
FEDERAL NATL MTG ASSN AE0951 4.50000 02/01/2041 US 166,339.01 $154,689.65
FEDERAL NATL MTG ASSN AH9054 4.50000 04/01/2041 US 64,114.29 $59,561.67
FEDERAL NATL MTG ASSN AL7767 4.50000 06/01/2044 US 514,656.83 $478,112.15
FEDERAL NATL MTG ASSN AL8674 FLT 5.64000 01/01/2049 US 844,563.23 $840,998.93
FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 137,790.67 $117,478.58
FEDERAL NATL MTG ASSN BD6987 4.00000 10/01/2046 US 379,702.8 $335,912.19
FEDERAL NATL MTG ASSN BW1194 4.00000 09/01/2052 US 3,127,521.11 $2,707,405.36
FEDERAL NATL MTG ASSN FN FS1179 3.50000 12/01/2049 US 1,850,469.85 $1,576,164.40
FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 103,677.3 $93,457.37
FEDERAL NATL MTG ASSN FN MA4687 4.00000 06/01/2042 US 1,978,037.19 $1,750,050.82
FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 181,588.14 $174,225.55
FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 149,148.02 $143,100.73
FEDERAL NATL MTG ASSN MA4600 3.50000 05/01/2052 US 2,102,640.4 $1,753,155.26
FEDERAL NATL MTG ASSN MA4644 4.00000 05/01/2052 US 2,043,877.36 $1,770,912.14
FEDERAL NATL MTG ASSN SD8044 3.00000 02/01/2050 US 1,961,479.05 $1,593,854.00
FEDERAL NATL MTG ASSN SD8276 5.00000 12/01/2052 US 3,315,419.64 $3,056,738.30
FEDERAL NATL MTG FN MA4203 2.50000 12/01/2040 US 2,065,301.31 $1,711,216.68
FHLM GOLD POOL FG G08786 4.50000 10/01/2047 US 370,628.41 $338,652.34
FHLM POOL G03332 6.00000 10/01/2037 US 18,554.82 $18,921.02
FHLM POOL G05900 6.00000 03/01/2040 US 39,502.39 $40,280.27
FHLM POOL G05906 6.00000 04/01/2040 US 35,383.94 $36,080.72
FHLM POOL G06995 6.00000 05/01/2040 US 117,778.17 $120,097.46
FHLM POOL G60034 4.50000 02/01/2045 US 905,340.22 $836,236.90
FHLM POOL SD8230 4.50000 06/01/2052 US 1,725,544.66 $1,542,137.43
FHR 5189 CP 2.50000 06/25/2049 US 1,498,077.32 $1,195,705.02
FINECOBANK SPA IT FBK IM 23,435 $276,454.39
FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 8,366 $122,980.20
FLX 2021-1A A2 3.25000 11/27/2051 US 1,720,000 $1,488,803.62
FMC CORP US FMC 56,637 $3,013,088.40
FN DS2696 3.00000 12/01/2051 US 2,305,877.99 $1,870,625.46
FN FS4339 MTGE 3.00000 12/01/2050 US 2,593,912.25 $2,121,048.51
FN FS4925 MTGE 3.50000 04/01/2052 US 3,236,686.69 $2,739,908.17
FN MA4020 MTGE 3.00000 05/01/2050 US 3,359,269.78 $2,725,181.31
FN MA4733 4.50000 09/01/2052 US 2,246,822.93 $2,008,009.31
FN MA4807 MTGE 5.50000 11/01/2052 US 1,625,690.59 $1,544,968.03
FN MA4868 MTGE 5.00000 01/01/2053 US 2,958,739.76 $2,727,887.91
FN MA4934 MTGE 5.00000 02/01/2043 US 3,133,373.8 $2,933,999.42
FNR 2018-31 KP 3.50000 07/25/2047 US 18,693.41 $18,011.61
FR QG6308 MTG 6.00000 07/01/2053 US 2,489,297.76 $2,426,597.38
FR SD1360 MTGE 5.50000 07/01/2052 US 2,985,919.25 $2,839,321.04
GETTY REALTY CORP US GTY 3,653 $97,242.86
GLOBANT SA LU GLOB 717 $122,097.93
GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 190,334.87 $167,302.68
GOLDEN PEAR FUND HOLDCO 10.00000 03/02/2028 US 235,000 $206,406.53
GOODG 2020-1A MTGE 2.63000 04/15/2055 US 923,002.04 $757,071.56
GREENIDGE GEN HLD INC US 8,400 $50,988.00
GSMBS 2021-INV1 A6 2.50000 12/25/2051 US 937,355.88 $758,879.27
GSMBS 2021-PJ6 A8 2.50000 11/25/2051 US 738,843.17 $606,478.00
GSMBS 2021-PJ9 A8 2.50000 02/26/2052 US 761,559.8 $624,320.14
GSMBS 2022-PJ1 A8 2.50000 05/28/2052 US 1,168,920.17 $955,722.22
HALMA PLC GB HLMA LN 7,100 $159,667.49
HAWAII ST 2.68200 10/01/2038 US 1,170,000 $794,056.98
HDFC BANK LTD-ADR IN HDB 5,174 $292,589.70
HEINEKEN NV NL HEIA NA 3,735 $335,565.27
HEINEKEN NV-SPN ADR NL HEINY 69,560 $3,130,200.00
HELIOS TOWERS PLC GB HTWS LN 79,174 $58,268.50
HOTWIRE FUNDING LLC 5.68700 05/20/2053 US 2,800,000 $2,670,321.64
IDEXX LABORATORIES INC US IDXX 4,630 $1,849,546.10
IMCD NV NL IMCD NA 1,327 $159,764.91
IMPRL 2021-NQM3 1.59500 11/25/2056 US 858,152.12 $657,865.38
INTERCONTINENTALEXCHANGE INC US ICE 13,868 $1,489,977.92
INTERMEDIATE CAPITAL GROUP GB ICP LN 7,160 $113,994.37
INTUITIVE SURGICAL INC US ISRG 5,066 $1,328,406.52
INVITATION HOMES INC US INVH 9,650 $286,508.50
ITALY GOV'T INT BOND 2.37500 10/17/2024 IT 240,000 $231,917.67
JOHNSON & JOHNSON US JNJ 28,690 $4,255,874.60
JPMMT 2014-2 1A1 3.00000 06/25/2029 US 148,682.91 $138,385.11
JPMORGAN CHASE & CO 4.49300 03/24/2031 US 3,190,000 $2,881,755.37
KEYENCE CORP JP 6861 JP 500 $193,559.36
KEYWORDS STUDIOS PLC IE KWS LN 7,460 $118,457.09
KIMBERLY CLARK DE MEXICO S.A.B. MX KIMBERA MM 74,600 $136,712.19
L'OREAL FR OR FP 143 $60,107.29
L3HARRIS TECHNOLOGIES INC US LHX 20,280 $3,638,434.80
LEXINGTON REALTY TRUST US LXP 17,008 $134,533.28
LONZA GROUP AG -REG CH LONN SW 352 $123,271.80
LULULEMON - ADR CA LULU 358 $140,865.84
MARRIOTT VACATIONS WORLD US VAC 729 $65,507.94
MASCO CORP US MAS 54,564 $2,842,238.76
MASTERCARD INC-CLASS A US MA 14,244 $5,360,729.40
MEDTRONIC INC IE MDT 39,753 $2,804,971.68
MERCADOLIBRE INC BR MELI 201 $249,388.74
META PLATFORMS INC US META 18,255 $5,499,683.85
MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 1,000,000 $48,323.66
MICRON TECHNOLOGY INC US MU 66,437 $4,442,642.19
MICROSOFT CORP US MSFT 6,690 $2,261,955.90
MID-AMERICA APARTMENT COMM US MAA 1,137 $134,336.55
MONARCH CASINO & RESORT INC US MCRI 2,038 $122,667.22
MONDELEZ INTERNATIONAL INC US MDLZ 21,140 $1,399,679.40
MOODY'S CORPORATION US MCO 8,320 $2,562,560.00
NAVIENT CORP 6.75000 06/25/2025 US 395,000 $385,678.06
NESTLE S.A. - ADR CH NSRGY 31,191 $3,361,142.16
NESTLE SA-REGISTERED CH NESN SW 3,660 $394,689.94
NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 AU 1,235,974.66 $1,112,681.75
NIKE INC CLASS B US NKE 12,230 $1,256,877.10
NORTHROP GRUMMAN CORP US NOC 4,854 $2,288,321.22
NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 380,000 $38.00
NOVARTIS AG- REG CH NVS 18,554 $1,736,283.32
NRG 7.467 07/31/28 CORP 7.46700 07/31/2028 US 1,200,000 $1,190,104.30
NRZT 2014-3A AFX3 3.75000 11/25/2054 US 211,601.21 $188,136.82
NRZT 2015-2A A1 3.75000 08/25/2055 US 247,355 $223,480.20
NRZT 2016-4A A1 3.75000 11/25/2056 US 494,064.18 $444,578.86
NYMT 2022-CP1 A1 2.04240 07/25/2061 US 948,603.47 $835,813.09
OASIS 2023-1A 7.00000 02/15/2035 US 791,947.41 $787,995.99
OBX 2022-INV1 A1 3.00000 12/25/2051 US 1,205,496.87 $925,017.51
ODFJELL DRILLING LTD 9.25000 05/31/2028 BM 200,000 $201,572.35
OXFIN 2020-1A A2 3.10100 02/15/2028 US 527,675.45 $509,696.07
OXFIN 2022-1A 3.60200 02/15/2030 US 1,650,000 $1,558,490.34
OXFIN 2023-1A A2 6.71600 02/15/2031 US 2,100,000 $2,059,087.80
PALOMINO FUNDING TRUST I 7.23300 05/17/2028 US 2,490,000 $2,490,380.20
PEAR 2021-1 A MTGE 2.60000 01/15/2034 US 1,125,965.27 $1,074,125.49
PEAR 2023-1A 7.42000 07/15/2035 US 1,132,364.89 $1,118,698.60
PELORUS FUND REIT 7.00000 09/30/2026 US 55,000 $51,816.07
PEPSICO INC 3.90000 07/18/2032 US 2,540,000 $2,254,505.88
PFMT 2021 -INV1 A1 2.50000 08/25/2051 US 1,502,308.22 $1,100,158.59
PFMT 2021-2 A2A 2.00000 04/25/2051 US 901,512.6 $726,381.56
PHYSICIANS REALTY TRUST US DOC 8,637 $93,797.82
PMTLT 2013-J1 a9 3.50000 09/25/2043 US 214,031.97 $187,396.07
PROLOGIS US PLD 8,855 $892,141.25
PUBLIC STORAGE INC US PSA 1,443 $344,458.53
QUALCOMM INC 4.25000 05/20/2032 US 2,200,000 $1,989,836.29
RCKT 2021-6 A1 2.50000 12/25/2051 US 1,940,153.69 $1,410,746.11
REALTY INCOME CORP US O 3,353 $158,865.14
RENAISSANCERE HOLDINGS LTD BM RNR 1,309 $287,443.31
RENTOKIL INITIAL PLC GB RTO LN 42,940 $218,671.57
RENTOKIL INITIAL PLC-SP ADR GB RTO 38,041 $973,469.19
REXFORD INDUSTRIAL REALITY IN US REXR 4,197 $181,478.28
S&P GLOBAL INC US SPGI 2,817 $984,006.27
SALESFORCE INC US CRM 7,108 $1,427,499.64
SBA COMMUNICATIONS CORP US SBAC 2,051 $427,900.13
SBA TOWER TRUST 1.88400 01/15/2026 US 1,730,000 $1,568,014.22
SBA TOWER TRUST 6.59900 01/15/2028 US 1,785,000 $1,781,554.59
SCML 2019-SBC8 2.86000 04/25/2041 US 968,390.17 $882,942.13
SEMT 2013-2 1.87400 02/25/2043 US 105,389.45 $85,347.20
SEMT 2013-6 A2 3.00000 05/25/2043 US 282,184.34 $240,088.22
SEMT 2013-7 A2 3.00000 06/25/2043 US 115,967.83 $99,345.57
SEMT 2013-8 A1 3.00000 06/25/2043 US 139,439.13 $118,886.57
SERVICENOW INC US NOW 5,667 $3,297,343.95
SIMON PROPERTY GROUP LP 2.65000 02/01/2032 US 4,510,000 $3,438,598.58
SMB 2020-BA A1A 1.29000 07/15/2053 US 814,507.52 $719,627.44
SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 150,188.91 $145,125.92
SONY CORP FIRST SECTION JP 6758 JP 2,600 $216,161.10
SORT 2020-1 A1 MTGE 1.69000 07/15/2060 US 921,938.3 $836,117.65
SORT 2020-1 A2 1.99000 07/15/2060 US 770,942.2 $642,487.81
SOUTH CAROLINA ST PUBLIC SVC 2.32900 12/01/2028 US 770,000 $644,941.38
SRPT 2014-STAR A FLTG RATE 8.50000 11/15/2027 US 1,376,287.47 $973,750.73
STAG INDUSTRIAL INC US STAG 2,791 $92,717.02
SUN COMMUNITIES US SUI 3,403 $378,549.72
SYNCHRONOSS TECH US 7,565 $128,983.25
TAIWAN SEMICONDUCTOR - SP ADR TW TSM 30,822 $2,660,246.82
TECHTRONIC INDUSTRIES CO LTD HK 669 HK 17,000 $155,201.93
TENCENT HOLDINGS 3.97500 04/11/2029 KY 5,250,000 $4,718,161.04
TENCENT HOLDINGS LTD CN 700 HK 8,400 $310,873.55
TERRENO REALTY CORP US TRNO 3,420 $182,217.60
THERMO FISHER SCIENTIFIC INC US TMO 2,708 $1,204,437.16
TPMT 2016-5 A1 2.50000 10/25/2056 US 87,242.97 $86,181.06
TPMT 2017-1 A1 2.75000 10/25/2056 US 35,974.6 $35,622.45
TPMT 2019-HY1 A1 6.43892 10/25/2048 US 214,786.93 $214,514.86
TREASURY BOND 2.37500 02/15/2042 US 16,992,000 $11,283,750.00
TREASURY NOTE 2.25000 11/15/2027 US 16,370,000 $14,814,850.00
TSY INFL IX N/B 0.12500 01/15/2031 US 5,331,023.6 $4,506,944.00
TSY INFL IX N/B 0.50000 04/15/2024 US 11,483,262.55 $11,294,446.36
TSY INFL IX N/B 2.37500 01/15/2027 US 5,610,265.1 $5,555,599.41
UDR INC US UDR 5,386 $171,328.66
UNILEVER PLC - ADR GB UL 75,676 $3,583,258.60
UNION PAC CORP US UNP 7,589 $1,575,552.29
UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 US 51,053.8 $47,145.13
UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 US 340,592.94 $301,606.18
US CLAIMS LIT FNDG LLC 10.25000 03/17/2028 US 250,000 $223,004.03
US TEASURY NOTE 1.75000 11/15/2029 US 21,420,000 $18,002,840.63
US TREASURY N/B 0.87500 11/15/2030 US 14,895,000 $11,403,984.38
US TREASURY N/B 2.00000 11/15/2026 US 12,770,000 $11,736,428.13
US TREASURY N/B 3.12500 11/15/2028 US 17,270,000 $15,934,273.44
US TREASURY N/B 4.12500 11/15/2032 US 9,339,000 $8,819,518.13
VENTAS INC US VTR 4,161 $176,676.06
VERTEX PHARMACEUTICALS INC US VRTX 5,348 $1,936,564.28
VISA INC - CLASS A SHARES US V 17,002 $3,997,170.20
WARNERMEDIA HOLDINGS INC 4.05400 03/15/2029 US 1,960,000 $1,735,169.75
WELLTOWER INC. US WELL 3,067 $256,431.87
WIN 2015-1 A1 3.50000 01/20/2045 US 76,884.54 $65,893.55

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