Investment Objective

To provide long-term capital growth, with capital preservation as a secondary objective.

Investment Strategy

The portfolio is invested in a growth-oriented mix of securities that seeks to earn a good portion of the long-term growth of the stock market with less volatility. Holdings are diversified primarily among various stock investments, as long as stock market valuations are favorable versus long-term bond yields. A substantial portion of the fund may be invested in long-term, 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 want to be invested in long-term assets without full market risk
  • Who have a reasonably high capital risk tolerance

About 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 7-20 Years 15+ 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.

Manning and Napier Risk-Based Funds Graphic

Learn more about our Pro-Blend® Series

Daily Price

$17.98

Daily $ Change

$0.15

Daily % Change

0.83%

as of 02/02/2023

Ticker

MNBAX

CUSIP

563821768

Inception Date

10/12/1993

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans, participants in an automatic investment program, and discretionary investment accounts of the Advisor.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
N-Port Part F Reports

Performance

As of 12/31/2022

YTD

---

1 Year

-16.72%

3 Year

2.91%

5 Year

4.48%

10 Year

5.61%

Inception
(10/12/1993)

7.57%

Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.

Expense Ratio

Gross 1.01%*

*Includes a 12b-1 fee of 0.25%, of which up to 0.25% is available as a shareholder servicing fee.

Top Ten Investments

As of 12/31/2022

TREASURY NOTES 19.66%
GOVERNMENT AGENCY 6.06%
TREASURY BONDS 4.91%
AMAZON.COM INC 2.45%
MICROSOFT CORP 1.91%
JOHNSON & JOHNSON 1.82%
INTERCONTINENTALEXCHANGE INC 1.73%
MASTERCARD INC-CLASS A 1.72%
UNILEVER PLC - ADR 1.49%
VISA INC - CLASS A SHARES 1.41%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 12/31/2022

Bonds 48.48%
Stocks 48.13%
Cash 3.39%

Detailed Asset Class Allocation

As of 12/31/2022

International Equities 12.97%
Small Capitalization 0.77%
Mid Capitalization 3.65%
Large Capitalization 30.74%
Long Term Fixed Income 13.24%
Intermediate Term Fixed Income 33.77%
Short Term Fixed Income 1.47%
Cash 3.39%

Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.

December Fund Holdings

As of 12/31/2022

Security Description Country Ticker Shares/Par Market Value (USD)
ABBOTT LABORATORIES US ABT 1,304 $143,166.16
ACTIVISION INC US ATVI 41,731 $3,194,508.05
ADIDAS AG-SPONSORED ADR DE ADDYY 27,665 $1,874,027.10
ADMIRAL GROUP PLC GB AMIGY 111,646 $2,838,041.32
AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 IE 1,490,000 $1,252,422.99
ADYEN NV UNSPON ADR NL ADYEY 159,730 $2,204,274.00
AGREE REALTY CORP US ADC 4,936 $350,110.48
AIR LIQUIDE-ADR FR AIQUY 172,916 $4,890,496.77
ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 197,014.64 $197,982.00
ALIBABA GROUP HOLDING 4.00000 12/06/2037 KY 2,820,000 $2,373,808.63
ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 KY 780,000 $621,828.03
ADC 2021-1A A2 1.93700 08/15/2046 US 1,800,000 $1,532,098.71
ALLSTATE CORPORATION US ALL 515 $69,834.00
ALPHABET INC-CL A US GOOGL 83,626 $7,378,321.98
AMAZON.COM INC US AMZN 155,948 $13,099,632.00
AMAZON.COM INC 3.30000 04/13/2027 US 2,830,000 $2,690,319.94
DIAGEO PLC GB DGE LN 11,674 $510,992.87
BAE SYSTEMS PLC GB BA/ LN 52,732 $544,637.36
AMERICAN HOMES 4 RENT- A US AMH 11,451 $345,133.14
AMERICAN TOWER REIT INC US AMT 1,524 $322,874.64
AMERICOLD REALTY TRUST US COLD 5,748 $162,725.88
ANALOG DEVICES INC US ADI 718 $117,773.54
ARBOR REALTY TRUST INC 8.00000 04/30/2023 US 215,000 $214,969.98
ARCHER-DANIELS-MIDLAND CO US ADM 899 $83,472.15
ARGO BLOCKCHAIN PLC GB 1,300 $3,965.00
ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 1,430,000 $1,301,708.92
ATLASSIAN CORP PLC-CLASS A AU TEAM 2,789 $358,888.52
AUTOMATIC DATA PROCESSING US ADP 528 $126,118.08
AVALONBAY COMMUNITIES INC US AVB 1,452 $234,527.04
BAE SYSTEMS PLC -SPON ADR GB BAESY 78,822 $3,321,953.19
BNSF FUNDING TRUST I 6.61300 12/15/2055 US 1,140,000 $1,075,280.73
BANK OF AMERICA CORP 2.68700 04/22/2032 US 2,330,000 $1,870,948.76
BARRICK GOLD CORP CA GOLD 99,389 $1,707,503.02
BAXTER INTERNATIONAL INC US BAX 678 $34,557.66
BEST BUY INC US BBY 468 $37,538.28
BIOMARIN PHARMACEUTICAL INC US BMRN 33,281 $3,444,250.69
BLACKSTONE SECURED LEND 2.75000 09/16/2026 US 1,003,000 $880,510.22
DECHRA PHARMACEUTICALS PLC GB DPH LN 10,453 $329,476.65
BRANDYWINE REALTY TRUST US BDN 17,239 $106,019.85
BABS 2021-RM2 A 1.75000 10/25/2061 US 1,212,899.51 $1,059,629.52
BRISTOL MYERS SQUIBB CO US BMY 2,370 $170,521.50
BROADRIDGE FINANCIAL SOLUTIONS US BR 262 $35,142.06
JONAH ENERGY PARENT LLC US 6,986 $434,738.78
SORT 2020-1 A1 MTGE 1.69000 07/15/2060 US 840,179.24 $750,507.92
SORT 2020-1 A2 1.99000 07/15/2060 US 768,456.33 $634,815.24
C.H. ROBINSON WORLDWIDE INC US CHRW 353 $32,320.68
CIM 2019-INV1 A1 4.00000 02/25/2049 US 44,647.78 $42,691.96
CLIF 2021-1A A MTGE 1.64000 02/18/2046 US 1,585,117.88 $1,349,289.35
CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 174,009.17 $152,016.19
CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 59,468.65 $53,051.02
COTERRA ENERGY INC US CTRA 1,295 $31,818.15
CAMDEN PROPERTY TRUST US CPT 2,016 $225,550.08
CAMPBELL SOUP CO US CPB 783 $44,435.25
CANADIAN NATIONAL RAILWAY CO CA CNI 27,816 $3,306,766.08
CARETRUST REIT INC US CTRE 12,371 $229,853.18
CATERPILLAR INC US CAT 676 $161,942.56
CELLNEX TELECOM SAU-UNSP ADR ES CLLNY 16,300 $268,950.00
CENOVUS ENERGY INC 6.75000 11/15/2039 CA 1,401,000 $1,458,918.17
CHEVRON CORP US CVX 1,278 $229,388.22
CINCINNATI FINANCIAL CORP US CINF 358 $36,655.62
CISCO SYSTEMS INC US CSCO 4,173 $198,801.72
CITIGROUP INC US C 2,682 $121,306.86
CITIGROUP INC 1.46200 06/09/2027 US 2,230,000 $1,938,129.39
CMLTI 2021-INV1 2.50000 05/25/2051 US 878,459.26 $704,084.46
CLARK CNTY NV 1.51000 11/01/2028 US 2,340,000 $1,923,890.01
COCA COLA CO/THE US KO 70,377 $4,476,680.97
COLGATE-PALMOLIVE CO US CL 1,271 $100,142.09
COMCAST CORP-CL A US CMCSA 4,525 $158,239.25
CBSLT 2019-AGS A1 MTGE 2.54000 01/25/2047 US 634,291.22 $578,040.79
COMMUNITY HEALTHCARE TRUST I US CHCT 10,918 $390,864.40
CONAGRA BRAND INC. US CAG 1,185 $45,859.50
CONOCOPHILLIPS US COP 1,183 $139,594.00
COPART INC US CPRT 50,782 $3,092,115.98
COUSINS PROPERTIES INC US CUZ 13,111 $331,577.19
CAALT 2021-2A A 0.96000 02/15/2030 US 1,900,000 $1,824,932.71
CSMC 2013-TH1 A1 2.13000 02/25/2043 US 102,327.16 $86,986.45
CUMMINS INC US CMI 294 $71,233.26
KIMBERLY CLARK DE MEXICO S.A.B. MX 313,700 $532,371.59
DEVON ENERGY CORPORATION US DVN 915 $56,281.65
DIAMONDBACK ENERGY INC US FANG 292 $39,939.76
DIGITAL REALTY TRUST INC US DLR 4,181 $419,228.87
DOLLAR TREE STORES INC US DLTR 21,426 $3,030,493.44
DOW INC US DOW 897 $45,199.83
DREYFUS GVT CSH MANAGEMENT US 18,714,889.49 $18,714,889.49
EOG RESOURCES INC US EOG 647 $83,799.44
EASTMAN CHEM CO US EMN 321 $26,142.24
EBAY INC US EBAY 851 $35,290.97
ELECTRONIC ARTS US EA 25,970 $3,173,014.60
EMERSON ELEC CO US EMR 945 $90,776.70
ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 2,960,000 $2,933,971.95
EQUINIX INC US EQIX 6,921 $4,533,462.63
EQUITY LIFESTYLE PROPERTIES US ELS 7,964 $514,474.40
ESSEX PROPERTY TRUST INC US ESS 953 $201,959.76
EVERGY INC US EVRG 55,420 $3,487,580.60
EXPEDIA GROUP INC 3.25000 02/15/2030 US 1,480,000 $1,259,796.88
FMC CORP US FMC 55,335 $6,905,808.00
FS ENERGY & POWER FUND 7.50000 08/15/2023 US 610,000 $611,658.77
FREMF 2013-K28 X2A 0.10000 06/25/2046 US 15,242,180.38 $595.36
META PLATFORMS INC US META 38,984 $4,691,334.56
FHLM POOL G03926 6.00000 02/01/2038 US 45,870.05 $48,140.57
FHLM POOL G05906 6.00000 04/01/2040 US 42,968.98 $45,095.90
FHLM POOL G13331 5.50000 10/01/2023 US 138.08 $137.60
FHLM POOL G12988 6.00000 01/01/2023 US .89 $0.89
FHLM POOL G13078 6.00000 03/01/2023 US 7.58 $7.56
FHLM POOL C91762 4.50000 05/01/2034 US 194,367.87 $192,113.47
FHLM POOL C91771 4.50000 06/01/2034 US 188,922.05 $186,731.62
FHLM POOL C91780 4.50000 07/01/2034 US 262,513.24 $259,893.42
FR SD1129 4.00000 08/01/2051 US 2,886,779.11 $2,747,948.74
FEDERAL NATL MTG ASSN SD8044 3.00000 02/01/2050 US 2,572,583.34 $2,286,900.07
FHLM POOL SD8230 4.50000 06/01/2052 US 2,272,000.86 $2,189,237.09
FHLM POOL Q33778 4.00000 06/01/2045 US 269,982.25 $259,869.35
FNR 2018-31 KP 3.50000 07/25/2047 US 28,414.77 $27,481.21
FNR 2021-69 WJ 1.50000 10/25/2050 US 922,688.76 $773,598.23
FHMS K030 X1 FLT 0.13744 04/25/2023 US 29,720,271.75 $7,218.76
FHMS K032 X1 FLT 0.06240 05/25/2023 US 24,460,377.58 $5,366.36
FHR 5189 CP 2.50000 06/25/2049 US 2,006,538.33 $1,733,994.64
FEDERAL NATL MTG ASSN A15172 4.00000 08/01/2041 US 228,192 $220,082.01
FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 232,023.66 $243,238.15
FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 365,794.8 $353,873.25
FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 392,257.52 $388,653.58
FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 US 126,030.19 $132,121.66
FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 199,854.87 $192,751.99
FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 US 778,365.61 $803,690.78
FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 305,419.13 $302,052.57
FEDERAL NATL MTG ASSN AX5234 4.50000 11/01/2044 US 196,633.96 $194,466.51
FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 141,944.59 $131,407.11
FEDERAL NATL MTG ASSN BD6997 4.00000 10/01/2046 US 170,247.6 $162,660.99
FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 US 112,902.41 $111,034.09
FEDERAL NATL MTG ASSN FN FS1179 3.50000 12/01/2049 US 2,449,406.42 $2,267,231.45
FN DS2696 3.00000 12/01/2051 US 3,117,077.98 $2,771,346.31
FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 US 113,334.95 $118,812.81
FEDERAL NATL MTG ASSN 889579 6.00000 05/01/2038 US 92,728.04 $97,209.90
FEDERAL NATL MTG ASSN 990895 5.50000 10/01/2023 US 964.48 $960.31
FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 US 5,483.37 $5,740.72
FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 196,749.65 $195,038.76
FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 313,088.35 $309,180.77
FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 128,084.22 $126,485.63
FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 312,408.66 $298,247.29
FEDERAL NATL MTG ASSN FN MA3463 4.00000 09/01/2033 US 238,466.56 $234,305.41
FEDERAL NATL MTG FN MA4203 2.50000 12/01/2040 US 2,137,961.81 $1,861,604.74
FEDERAL NATL MTG ASSN MA4600 3.50000 05/01/2052 US 2,698,222.35 $2,452,000.95
FEDERAL NATL MTG ASSN MA4644 4.00000 05/01/2052 US 2,649,734.26 $2,485,641.73
FEDERAL NATL MTG ASSN FN MA4687 4.00000 06/01/2042 US 2,660,059.86 $2,528,367.45
FN MA4733 4.50000 09/01/2052 US 2,938,262.43 $2,831,184.83
FN MA4807 MTGE 5.50000 11/01/2052 US 1,191,541.46 $1,195,160.25
FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 US 9,747.11 $10,204.57
FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 296,379.14 $310,704.15
FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 1,205 $1,198.38
FIFTH THIRD BANCORP US FITB 1,436 $47,115.16
FLX 2021-1A A2 3.25000 11/27/2051 US 2,150,000 $1,876,701.89
FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 1,571,000 $1,467,423.37
GSMBS 2021-PJ6 A8 2.50000 11/25/2051 US 953,979.76 $821,295.75
GSMBS 2021-PJ9 A8 2.50000 02/26/2052 US 985,991.83 $848,849.51
GSMBS 2021-INV1 A9 4.77768 12/25/2051 US 1,232,566.31 $1,121,272.97
GENERAL DYNAMICS CORP US GD 425 $105,446.75
GENERAL MLS INC US GIS 1,038 $87,036.30
GENUINE PARTS CO US GPC 329 $57,084.79
GETTY REALTY CORP US GTY 12,998 $439,982.30
GILEAD SCIENCES INC US GILD 1,794 $154,014.90
GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 296,544.34 $276,791.95
GREENIDGE GEN HLD INC US 14,200 $15,194.00
GRUPO AEROPORTUARIO PAC-ADR MX PAC 462 $66,440.22
GRUPO AEROPORTUARIO DEL SURESTE MX ASR 310 $72,226.90
AIRBUS SE FR AIR FP 2,368 $281,561.13
ADIDAS AG DE ADS GR 3,474 $470,818.84
HDFC BANK LTD-ADR IN HDB 4,593 $314,207.13
L'OREAL FR OR FP 293 $104,922.64
HAWAII ST 2.68200 10/01/2038 US 1,795,000 $1,292,567.08
HEALTHCARE REALTY TRUST INC US HR 27,873 $537,112.71
HEINEKEN NV-SPN ADR NL HEINY 89,131 $4,190,939.62
HOME DEPOT INC US HD 908 $286,800.88
HONEYWELL INTERNATIONAL INC US HON 820 $175,726.00
IIP OPERATING PARTNER 5.50000 05/25/2026 US 700,000 $614,150.78
IDEXX LABORATORIES INC US IDXX 6,195 $2,527,312.20
KERRY GROUP PLC-A IE KYGA ID 3,309 $298,903.10
ILLINOIS TOOL WKS INC US ITW 487 $107,286.10
IMPRL 2021-NQM3 1.59500 11/25/2056 US 1,131,024.6 $911,642.91
INDEPENDENCE REALTY TRUST IN US IRT 13,584 $229,026.24
INTEL CORP US INTC 4,566 $120,679.38
INTERCONTINENTALEXCHANGE INC US ICE 90,064 $9,239,665.76
INTERNATIONAL FLVRS & FRAGRANCES US IFF 488 $51,161.92
INTUIT INC US INTU 6,878 $2,677,055.16
INTUITIVE SURGICAL INC US ISRG 11,660 $3,093,981.00
INVITATION HOMES INC US INVH 14,762 $437,545.68
ITALY GOV'T INT BOND 2.37500 10/17/2024 IT 440,000 $414,233.86
JP MORGAN CHASE & CO US JPM 2,544 $341,150.40
JPMMT 2014-2 1A1 3.00000 06/25/2029 US 189,193.05 $176,750.65
JPMORGAN CHASE & CO 4.49300 03/24/2031 US 3,330,000 $3,123,837.47
JPMMT 2017-2 A3 3.50000 05/25/2047 US 112,088.78 $98,296.83
JOHNSON & JOHNSON US JNJ 55,025 $9,720,166.25
KREF 2021-FL2 A 5.39629 02/15/2039 US 1,300,000 $1,253,335.85
KEYCORP US KEY 1,580 $27,523.60
KROGER CO US KR 1,265 $56,393.70
L3HARRIS TECHNOLOGIES INC US LHX 13,147 $2,737,336.87
BEIERSDORF AG DE BEI GR 4,741 $541,762.86
LENNAR CORP US LEN 474 $42,897.00
LEXINGTON REALTY TRUST US LXP 20,602 $206,432.04
LIFE STORAGE INC US LSI 3,649 $359,426.50
LOCKHEED MARTIN CORP US LMT 331 $161,028.19
LULULEMON - ADR CA LULU 616 $197,354.08
MAGALLANES INC 4.05400 03/15/2029 US 3,450,000 $2,995,433.04
MARATHON PETROLEUM CORP US MPC 665 $77,399.35
MARRIOTT VACATIONS WORLD US VAC 971 $130,686.89
MASTERCARD INC-CLASS A US MA 26,340 $9,159,208.20
MCDONALDS CORP US MCD 578 $152,320.34
MERCADOLIBRE INC BR MELI 415 $351,189.60
MERCK & CO INC US MRK 2,534 $281,147.30
MICROSOFT CORP US MSFT 42,564 $10,207,698.48
MICROCHIP TECHNOLOGY INC US MCHP 752 $52,828.00
MID-AMERICA APARTMENT COMM US MAA 3,177 $498,757.23
MONDELEZ INTERNATIONAL INC US MDLZ 86,429 $5,760,492.85
MOODY'S CORPORATION US MCO 19,057 $5,309,661.34
MOTOROLA SOLUTIONS INC US MSI 303 $78,086.13
NAVIENT CORP 6.75000 06/25/2025 US 635,000 $610,397.04
NAVSL 2020-FA A 1.22000 07/15/2069 US 574,734.16 $524,478.43
NSLT 2012-3A A MTGE FLT 5.08871 02/25/2045 US 203,590.07 $198,250.56
NESTLE S.A. - ADR CH NSRGY 38,039 $4,387,418.26
NETAPP INC US NTAP 544 $32,672.64
USRE 2021-1 A1 1.91000 10/20/2061 US 2,275,000 $1,924,754.42
NRZT 2014-3A AFX3 3.75000 11/25/2054 US 201,554.06 $185,717.09
NRZT 2015-2A A1 3.75000 08/25/2055 US 269,800.51 $250,941.89
NRZT 2016-4A A1 3.75000 11/25/2056 US 306,448.12 $280,122.36
KEYENCE CORP JP 6861 JP 900 $349,420.30
NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 US 635,000 $608,856.68
NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 AU 1,520,000 $1,300,717.00
NEWMONT GOLDCORP CORP US NEM 29,312 $1,383,526.40
NIKE INC CLASS B US NKE 25,938 $3,035,005.38
NORFOLK SOUTHN CORP US NSC 12,209 $3,008,541.78
NIKON CORP JP 7731 JP 20,000 $176,854.58
NORTHROP GRUMMAN CORP US NOC 5,492 $2,996,490.12
NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 653,000 $65.30
NOVARTIS AG- REG CH NVS 80,443 $7,297,788.96
NUCOR CORP US NUE 466 $61,423.46
OBX 2022-INV1 A1 3.00000 12/25/2051 US 1,508,445.01 $1,260,766.64
OMNICOM GROUP US OMC 518 $42,253.26
SONY CORP FIRST SECTION JP 6758 JP 3,800 $289,642.16
TOKYO ELECTRON LTD JP 8035 JP 500 $146,914.36
OWL ROCK TECHNOLOGY 3.75000 06/17/2026 US 1,163,000 $1,012,607.39
OXFIN 2020-1A A2 3.10100 02/15/2028 US 594,159.4 $587,592.57
OXFIN 2019-1A A2 4.45900 02/15/2027 US 170,799.04 $169,447.85
OXFIN 2022-1A 3.60200 02/15/2030 US 1,975,000 $1,800,667.54
PMTLT 2013-J1 a9 3.50000 09/25/2043 US 280,977.32 $253,470.01
PPG INDUSTRIES INC US PPG 319 $40,111.06
PACKAGING CORP OF AMERICA US PKG 229 $29,291.39
PARKER HANNIFIN CORP US PH 182 $52,962.00
DEUTSCHE BOERSE AG DE DB1 GR 2,353 $405,163.52
PAYPAL HOLDINGS INC US PYPL 38,033 $2,708,710.26
PEAR 2021-1 A MTGE 2.60000 01/15/2034 US 2,015,672.36 $1,896,102.88
PELORUS FUND REIT 7.00000 09/30/2026 US 650,000 $598,643.40
NESTLE SA-REGISTERED CH NESN SW 6,219 $718,353.17
PEPSICO INC 3.90000 07/18/2032 US 2,480,000 $2,352,892.34
PFIZER INC US PFE 3,818 $195,634.32
PIONEER NATURAL RESOURCES CO US PXD 288 $65,776.32
POPULAR INC 6.12500 09/14/2023 PR 600,000 $596,487.14
PROCTER & GAMBLE CO US PG 2,010 $304,635.60
PROLOGIS US PLD 17,776 $2,003,888.48
PFMT 2021 -INV1 A1 2.50000 08/25/2051 US 1,863,835.7 $1,490,516.36
PFMT 2021-2 A2A 2.00000 04/25/2051 US 1,147,846.33 $969,016.05
PUBLIC STORAGE INC US PSA 2,631 $737,179.89
QUALCOMM INC US QCOM 1,312 $144,241.28
QUALCOMM INC 4.25000 05/20/2032 US 1,785,000 $1,725,106.59
QUALCOMM 5.40000 05/20/2033 US 970,000 $1,014,941.91
QUEST DIAGNOSTICS INC US DGX 312 $48,809.28
RCKT 2021-6 A1 2.50000 12/25/2051 US 1,953,724.18 $1,563,062.81
RADIUS GLOBAL INFRASTRUCTURE US RADI 59,538 $703,739.16
REALTY INCOME CORP US O 1,985 $125,908.55
REGIONS FINANCIAL CORP. US RF 2,208 $47,604.48
REPUBLIC SERVICES INC US RSG 554 $71,460.46
RESTAURANT BRANDS INTERN CA QSR 3,201 $207,008.67
REXFORD INDUSTRIAL REALITY IN US REXR 9,340 $510,337.60
GETINGE AB-B SHS SE GETIB SS 23,076 $479,763.91
ROSS STORES INC US ROST 457 $53,043.99
HEINEKEN NV NL HEIA NA 5,981 $563,363.98
RYANAIR HOLDINGS - ADR IE RYAAY 2,754 $205,889.04
SBA TOWER TRUST 6.59900 01/15/2028 US 2,225,000 $2,232,060.37
S&P GLOBAL INC US SPGI 5,785 $1,937,627.90
SBA COMMUNICATIONS CORP US SBAC 23,078 $6,468,994.18
SLAM 2021-1A A MTGE 2.43400 06/15/2046 US 1,631,160 $1,351,462.87
SMB 2020-BA A1A 1.29000 07/15/2053 US 934,243.41 $824,979.00
SALESFORCE INC US CRM 35,451 $4,700,448.09
SEAGEN INC US SGEN 16,707 $2,147,016.57
SEMT 2013-6 A2 3.00000 05/25/2043 US 507,477.14 $446,576.08
SEMT 2013-7 A2 3.00000 06/25/2043 US 108,860.88 $95,459.80
SEMT 2013-8 A1 3.00000 06/25/2043 US 125,643.1 $111,106.52
SEMT 2013-2 1.87400 02/25/2043 US 106,031.35 $89,583.73
SERVICENOW INC US NOW 12,371 $4,803,288.17
SIMON PROPERTY GROUP LP 2.65000 02/01/2032 US 4,550,000 $3,671,157.85
SKYWORKS SOLUTIONS INC US SWKS 274 $24,969.62
SMB 2019-B A2A 2.84000 06/15/2037 US 1,409,030.98 $1,292,017.65
JM SMUCKER CO/THE-NEW COM WI US SJM 277 $43,893.42
SNOWFLAKE INC-CLASS A US SNOW 15,174 $2,178,075.96
SOFI 2017-F A2FX 2.84000 01/25/2041 US 63,345.34 $60,955.00
SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 347,845.42 $336,212.43
SOFI 2020-A A2FX MTGE 2.54000 05/15/2046 US 793,827.7 $734,329.56
SOUTH CAROLINA ST PUBLIC SVC 2.32900 12/01/2028 US 230,000 $193,705.83
SOUTHWEST AIRLINES CO 5.12500 06/15/2027 US 2,440,000 $2,416,031.51
SIDC 2021-1A A2 MTGE 1.87700 03/26/2046 US 1,500,000 $1,286,321.64
STAG INDUSTRIAL INC US STAG 3,907 $126,235.17
STANLEY BLACK & DECKER INC US SWK 261 $19,606.32
SRPT 2014-STAR A FLTG RATE 5.78800 11/15/2027 US 1,278,104.61 $886,957.71
STEEL DYNAMICS INC US STLD 462 $45,137.40
SUN COMMUNITIES US SUI 4,518 $646,074.00
SCML 2019-SBC8 2.86000 04/25/2041 US 172,210.21 $157,535.25
SYNCHRONOSS TECH US 27,248 $489,101.60
SYNERGY ONE LENDING 5.50000 10/14/2026 US 740,000 $637,695.55
TJX COMPANIES INC US TJX 1,234 $98,226.40
TAIWAN SEMICONDUCTOR - SP ADR TW TSM 61,841 $4,606,536.09
TARGET CORP US TGT 455 $67,813.20
TENCENT HOLDINGS 3.97500 04/11/2029 KY 5,520,000 $5,105,215.83
TERRENO REALTY CORP US TRNO 6,125 $348,328.75
TEXAS INSTRUMENTS INC US TXN 771 $127,384.62
THERMO FISHER SCIENTIFIC INC US TMO 5,732 $3,156,555.08
3M CO US MMM 801 $96,055.92
TPMT 2016-5 A1 2.50000 10/25/2056 US 139,235.65 $136,898.15
TPMT 2017-1 A1 2.75000 10/25/2056 US 159,847.93 $157,159.66
TPMT 2019-HY1 A1 5.38871 10/25/2048 US 384,254.65 $381,160.98
TRACTOR SUPPLY COMPANY US TSCO 171 $38,469.87
TRAVELLERS COS INC US TRV 421 $78,933.29
TAH 2017-SFR2 A 2.92800 01/17/2036 US 1,128,390.99 $1,093,691.52
TCF 2021-1A 1.86000 03/20/2046 US 1,574,812.5 $1,315,081.26
TYSON FOODS INC -CL A US TSN 674 $41,956.50
UDR INC US UDR 9,236 $357,710.28
U.S. BANCORP US USB 2,170 $94,633.70
UNILEVER PLC - ADR GB UL 157,978 $7,954,192.30
UNION PAC CORP US UNP 755 $156,337.85
UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 US 604,332.53 $515,272.80
UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 US 107,569.92 $97,401.59
UNITED MEXICAN STATES 4.12500 01/21/2026 MX 200,000 $195,212.15
UNITED PARCEL SERVICE US UPS 731 $127,077.04
US TREASURY N/B 3.00000 05/15/2047 US 5,890,000 $4,849,126.56
TREASURY BOND 2.37500 02/15/2042 US 27,780,000 $21,377,578.13
TREASURY NOTE 2.25000 11/15/2027 US 13,050,000 $12,041,683.66
US TREASURY N/B 3.12500 11/15/2028 US 34,110,000 $32,588,374.39
US TREASURY N/B 2.00000 11/15/2026 US 13,090,000 $12,111,318.03
US TEASURY NOTE 1.75000 11/15/2029 US 15,965,000 $13,956,902.34
US TREASURY N/B 0.87500 11/15/2030 US 25,035,000 $20,071,028.91
US TREASURY N/B 1.37500 11/15/2031 US 17,365,000 $14,187,747.66
VF CORP US VFC 630 $17,394.30
VENTAS INC US VTR 5,443 $245,207.15
VERTEX PHARMACEUTICALS INC US VRTX 13,039 $3,765,402.42
PARAMOUNT GLOBAL CLASS B US PARA 993 $16,761.84
VISA INC - CLASS A SHARES US V 36,152 $7,510,939.52
VISTRA OPERATIONS CO LLC 3.55000 07/15/2024 US 630,000 $604,859.19
VISTRA OPERATIONS 4.87500 05/13/2024 US 2,190,000 $2,143,740.54
WAL MART STORES US WMT 2,224 $315,340.96
WALGREENS BOOTS ALLIANCE INC US WBA 1,153 $43,076.08
WASTE MANAGEMENT INC US WM 619 $97,108.72
WELLTOWER INC. US WELL 5,510 $361,180.50
WIN 2015-1 A1 3.50000 01/20/2045 US 44,957.99 $40,962.62
ZOETIS INC US ZTS 9,028 $1,323,053.40
ADMIRAL GROUP PLC GB ADM LN 24,443 $627,473.75
GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 8,500 $65,351.40
UBISOFT ENTERTAINMENT FR UBI FP 8,402 $237,363.63
DANONE FR BN FP 4,088 $215,461.03
AIR LIQUIDE FR AI FP 4,319 $613,019.16
BRENNTAG AG DE BNR GR 3,216 $205,100.01
MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 972,000 $46,035.02
KEYWORDS STUDIOS PLC IE KWS LN 3,051 $100,122.86
HELIOS TOWERS PLC GB HTWS LN 131,635 $168,847.68
AVANZA BANK HOLDING AB SE AZA SS 14,899 $319,725.91
AMERICAN TANKER INC 7.75000 07/02/2025 US 715,000 $684,897.95
SOFTWAREONE HOLDING AG CH SWON SW 21,422 $304,050.80
TENCENT HOLDINGS LTD CN 700 HK 7,900 $334,962.87
FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 15,519 $252,028.56
SEASPAN CORP 6.50000 02/05/2024 MH 700,000 $695,053.81
PETROTAL CORP 12.00000 02/16/2024 CA 556,000 $560,191.32
IMCD NV NL IMCD NA 774 $110,714.18
FINECOBANK SPA IT FBK IM 33,130 $550,160.79
ALLFUNDS GROUP PLC GB ALLFG NA 33,105 $232,156.81
ROTORK PLC GB ROR LN 64,360 $239,175.48
AUTO TRADER GROUP PLC GB AUTO LN 87,064 $542,178.40
CELLNEX TELECOM SA ES CLNX SM 15,395 $510,671.43
ASSA ABLOY AB-B SE ASSAB SS 16,246 $349,439.55
CLEANAWAY WASTE MANAGEMENT AU CWY AU 244,322 $435,340.95
INTERMEDIATE CAPITAL GROUP GB ICP LN 22,075 $304,793.55
ADYEN NV NL ADYEN NA 279 $387,321.72
BANK OF N.T. BUTTERFIELD&SON BM NTB 6,502 $193,824.62
BUNGE LIMITED US BG 343 $34,221.11
EATON CORP PLC US ETN 654 $102,645.30
JOHNSON CONTROLS INTERNATIONAL US JCI 1,207 $77,248.00
LINDE PLC GB LIN 660 $215,278.80
MEDTRONIC INC IE MDT 37,377 $2,904,940.44
RENAISSANCERE HOLDINGS LTD BM RNR 1,118 $205,969.14
ROYALTY PHARMA PLC- CL A US RPRX 910 $35,963.20
STONECO LTD-A BR STNE 9,971 $94,126.24
TRANE TECHNOLOGIES IE TT 309 $51,939.81
ALCON INC CH ALC 51,602 $3,537,317.10
CHUBB LTD CH CB 587 $129,492.20
GARMIN LTD CH GRMN 457 $42,176.53
TE CONNECTIVITY LIMITED CH TEL 432 $49,593.60
LYONDELLBASELL INDU-CL A US LYB 441 $36,616.23
PLAYA HOTELS AND RESORTS US PLYA 15,731 $102,723.43
BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 179,000 $169,628.36

Investments will change over time.

Distributions

  • Pro-Blend® Extended Term Series Class S Distribution History
  • 2023 Distribution Calendar
  • Fourth Quarter 2022 Distributions
  • Third Quarter 2022 Distributions
  • Second Quarter 2022 Distributions
  • First Quarter 2023 Distributions
  • Tax Letter
  • Target 2030 Merger into Pro Blend Extended
  • Target 2035 Merger into Pro Blend Extended
  • Target 2040 Merger into Pro Blend Extended
  • Pro-Blend Extended Series Stock Split

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.

Daily Price

$17.98

Daily $ Change

$0.15

Daily % Change

0.83%

as of 02/02/2023

Ticker

MNBAX

CUSIP

563821768

Inception Date

10/12/1993

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans, participants in an automatic investment program, and discretionary investment accounts of the Advisor.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
N-Port Part F Reports

Investment Objective

To provide long-term capital growth, with capital preservation as a secondary objective.

Investment Strategy

The portfolio is invested in a growth-oriented mix of securities that seeks to earn a good portion of the long-term growth of the stock market with less volatility. Holdings are diversified primarily among various stock investments, as long as stock market valuations are favorable versus long-term bond yields. A substantial portion of the fund may be invested in long-term, 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 want to be invested in long-term assets without full market risk
  • Who have a reasonably high capital risk tolerance

About 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 7-20 Years 15+ 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.

Manning and Napier Risk-Based Funds Graphic

Learn more about our Pro-Blend® Series

Performance

As of 12/31/2022

YTD

---

1 Year

-16.72%

3 Year

2.91%

5 Year

4.48%

10 Year

5.61%

Inception
(10/12/1993)

7.57%

Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.

Expense Ratio

Gross 1.01%*

*Includes a 12b-1 fee of 0.25%, of which up to 0.25% is available as a shareholder servicing fee.

Top Ten Investments

As of 12/31/2022

TREASURY NOTES 19.66%
GOVERNMENT AGENCY 6.06%
TREASURY BONDS 4.91%
AMAZON.COM INC 2.45%
MICROSOFT CORP 1.91%
JOHNSON & JOHNSON 1.82%
INTERCONTINENTALEXCHANGE INC 1.73%
MASTERCARD INC-CLASS A 1.72%
UNILEVER PLC - ADR 1.49%
VISA INC - CLASS A SHARES 1.41%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 12/31/2022

Bonds
48.48%
Stocks
48.13%
Cash
3.39%

Detailed Asset Class Allocation

As of 12/31/2022

International Equities
12.97%
Small Capitalization
0.77%
Mid Capitalization
3.65%
Large Capitalization
30.74%
Long Term Fixed Income
13.24%
Intermediate Term Fixed Income
33.77%
Short Term Fixed Income
1.47%
Cash
3.39%

Due to rounding, the sum of the detailed asset class allocation categories may not equal the asset allocation totals provided above.

December Fund Holdings

As of 12/31/2022

Security Description Country Ticker Shares/Par Market Value (USD)
ABBOTT LABORATORIES US ABT 1,304 $143,166.16
ACTIVISION INC US ATVI 41,731 $3,194,508.05
ADIDAS AG-SPONSORED ADR DE ADDYY 27,665 $1,874,027.10
ADMIRAL GROUP PLC GB AMIGY 111,646 $2,838,041.32
AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 IE 1,490,000 $1,252,422.99
ADYEN NV UNSPON ADR NL ADYEY 159,730 $2,204,274.00
AGREE REALTY CORP US ADC 4,936 $350,110.48
AIR LIQUIDE-ADR FR AIQUY 172,916 $4,890,496.77
ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 197,014.64 $197,982.00
ALIBABA GROUP HOLDING 4.00000 12/06/2037 KY 2,820,000 $2,373,808.63
ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 KY 780,000 $621,828.03
ADC 2021-1A A2 1.93700 08/15/2046 US 1,800,000 $1,532,098.71
ALLSTATE CORPORATION US ALL 515 $69,834.00
ALPHABET INC-CL A US GOOGL 83,626 $7,378,321.98
AMAZON.COM INC US AMZN 155,948 $13,099,632.00
AMAZON.COM INC 3.30000 04/13/2027 US 2,830,000 $2,690,319.94
DIAGEO PLC GB DGE LN 11,674 $510,992.87
BAE SYSTEMS PLC GB BA/ LN 52,732 $544,637.36
AMERICAN HOMES 4 RENT- A US AMH 11,451 $345,133.14
AMERICAN TOWER REIT INC US AMT 1,524 $322,874.64
AMERICOLD REALTY TRUST US COLD 5,748 $162,725.88
ANALOG DEVICES INC US ADI 718 $117,773.54
ARBOR REALTY TRUST INC 8.00000 04/30/2023 US 215,000 $214,969.98
ARCHER-DANIELS-MIDLAND CO US ADM 899 $83,472.15
ARGO BLOCKCHAIN PLC GB 1,300 $3,965.00
ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 1,430,000 $1,301,708.92
ATLASSIAN CORP PLC-CLASS A AU TEAM 2,789 $358,888.52
AUTOMATIC DATA PROCESSING US ADP 528 $126,118.08
AVALONBAY COMMUNITIES INC US AVB 1,452 $234,527.04
BAE SYSTEMS PLC -SPON ADR GB BAESY 78,822 $3,321,953.19
BNSF FUNDING TRUST I 6.61300 12/15/2055 US 1,140,000 $1,075,280.73
BANK OF AMERICA CORP 2.68700 04/22/2032 US 2,330,000 $1,870,948.76
BARRICK GOLD CORP CA GOLD 99,389 $1,707,503.02
BAXTER INTERNATIONAL INC US BAX 678 $34,557.66
BEST BUY INC US BBY 468 $37,538.28
BIOMARIN PHARMACEUTICAL INC US BMRN 33,281 $3,444,250.69
BLACKSTONE SECURED LEND 2.75000 09/16/2026 US 1,003,000 $880,510.22
DECHRA PHARMACEUTICALS PLC GB DPH LN 10,453 $329,476.65
BRANDYWINE REALTY TRUST US BDN 17,239 $106,019.85
BABS 2021-RM2 A 1.75000 10/25/2061 US 1,212,899.51 $1,059,629.52
BRISTOL MYERS SQUIBB CO US BMY 2,370 $170,521.50
BROADRIDGE FINANCIAL SOLUTIONS US BR 262 $35,142.06
JONAH ENERGY PARENT LLC US 6,986 $434,738.78
SORT 2020-1 A1 MTGE 1.69000 07/15/2060 US 840,179.24 $750,507.92
SORT 2020-1 A2 1.99000 07/15/2060 US 768,456.33 $634,815.24
C.H. ROBINSON WORLDWIDE INC US CHRW 353 $32,320.68
CIM 2019-INV1 A1 4.00000 02/25/2049 US 44,647.78 $42,691.96
CLIF 2021-1A A MTGE 1.64000 02/18/2046 US 1,585,117.88 $1,349,289.35
CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 174,009.17 $152,016.19
CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 59,468.65 $53,051.02
COTERRA ENERGY INC US CTRA 1,295 $31,818.15
CAMDEN PROPERTY TRUST US CPT 2,016 $225,550.08
CAMPBELL SOUP CO US CPB 783 $44,435.25
CANADIAN NATIONAL RAILWAY CO CA CNI 27,816 $3,306,766.08
CARETRUST REIT INC US CTRE 12,371 $229,853.18
CATERPILLAR INC US CAT 676 $161,942.56
CELLNEX TELECOM SAU-UNSP ADR ES CLLNY 16,300 $268,950.00
CENOVUS ENERGY INC 6.75000 11/15/2039 CA 1,401,000 $1,458,918.17
CHEVRON CORP US CVX 1,278 $229,388.22
CINCINNATI FINANCIAL CORP US CINF 358 $36,655.62
CISCO SYSTEMS INC US CSCO 4,173 $198,801.72
CITIGROUP INC US C 2,682 $121,306.86
CITIGROUP INC 1.46200 06/09/2027 US 2,230,000 $1,938,129.39
CMLTI 2021-INV1 2.50000 05/25/2051 US 878,459.26 $704,084.46
CLARK CNTY NV 1.51000 11/01/2028 US 2,340,000 $1,923,890.01
COCA COLA CO/THE US KO 70,377 $4,476,680.97
COLGATE-PALMOLIVE CO US CL 1,271 $100,142.09
COMCAST CORP-CL A US CMCSA 4,525 $158,239.25
CBSLT 2019-AGS A1 MTGE 2.54000 01/25/2047 US 634,291.22 $578,040.79
COMMUNITY HEALTHCARE TRUST I US CHCT 10,918 $390,864.40
CONAGRA BRAND INC. US CAG 1,185 $45,859.50
CONOCOPHILLIPS US COP 1,183 $139,594.00
COPART INC US CPRT 50,782 $3,092,115.98
COUSINS PROPERTIES INC US CUZ 13,111 $331,577.19
CAALT 2021-2A A 0.96000 02/15/2030 US 1,900,000 $1,824,932.71
CSMC 2013-TH1 A1 2.13000 02/25/2043 US 102,327.16 $86,986.45
CUMMINS INC US CMI 294 $71,233.26
KIMBERLY CLARK DE MEXICO S.A.B. MX 313,700 $532,371.59
DEVON ENERGY CORPORATION US DVN 915 $56,281.65
DIAMONDBACK ENERGY INC US FANG 292 $39,939.76
DIGITAL REALTY TRUST INC US DLR 4,181 $419,228.87
DOLLAR TREE STORES INC US DLTR 21,426 $3,030,493.44
DOW INC US DOW 897 $45,199.83
DREYFUS GVT CSH MANAGEMENT US 18,714,889.49 $18,714,889.49
EOG RESOURCES INC US EOG 647 $83,799.44
EASTMAN CHEM CO US EMN 321 $26,142.24
EBAY INC US EBAY 851 $35,290.97
ELECTRONIC ARTS US EA 25,970 $3,173,014.60
EMERSON ELEC CO US EMR 945 $90,776.70
ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 2,960,000 $2,933,971.95
EQUINIX INC US EQIX 6,921 $4,533,462.63
EQUITY LIFESTYLE PROPERTIES US ELS 7,964 $514,474.40
ESSEX PROPERTY TRUST INC US ESS 953 $201,959.76
EVERGY INC US EVRG 55,420 $3,487,580.60
EXPEDIA GROUP INC 3.25000 02/15/2030 US 1,480,000 $1,259,796.88
FMC CORP US FMC 55,335 $6,905,808.00
FS ENERGY & POWER FUND 7.50000 08/15/2023 US 610,000 $611,658.77
FREMF 2013-K28 X2A 0.10000 06/25/2046 US 15,242,180.38 $595.36
META PLATFORMS INC US META 38,984 $4,691,334.56
FHLM POOL G03926 6.00000 02/01/2038 US 45,870.05 $48,140.57
FHLM POOL G05906 6.00000 04/01/2040 US 42,968.98 $45,095.90
FHLM POOL G13331 5.50000 10/01/2023 US 138.08 $137.60
FHLM POOL G12988 6.00000 01/01/2023 US .89 $0.89
FHLM POOL G13078 6.00000 03/01/2023 US 7.58 $7.56
FHLM POOL C91762 4.50000 05/01/2034 US 194,367.87 $192,113.47
FHLM POOL C91771 4.50000 06/01/2034 US 188,922.05 $186,731.62
FHLM POOL C91780 4.50000 07/01/2034 US 262,513.24 $259,893.42
FR SD1129 4.00000 08/01/2051 US 2,886,779.11 $2,747,948.74
FEDERAL NATL MTG ASSN SD8044 3.00000 02/01/2050 US 2,572,583.34 $2,286,900.07
FHLM POOL SD8230 4.50000 06/01/2052 US 2,272,000.86 $2,189,237.09
FHLM POOL Q33778 4.00000 06/01/2045 US 269,982.25 $259,869.35
FNR 2018-31 KP 3.50000 07/25/2047 US 28,414.77 $27,481.21
FNR 2021-69 WJ 1.50000 10/25/2050 US 922,688.76 $773,598.23
FHMS K030 X1 FLT 0.13744 04/25/2023 US 29,720,271.75 $7,218.76
FHMS K032 X1 FLT 0.06240 05/25/2023 US 24,460,377.58 $5,366.36
FHR 5189 CP 2.50000 06/25/2049 US 2,006,538.33 $1,733,994.64
FEDERAL NATL MTG ASSN A15172 4.00000 08/01/2041 US 228,192 $220,082.01
FEDERAL NATL MTG ASSN AL0152 6.00000 06/01/2040 US 232,023.66 $243,238.15
FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 365,794.8 $353,873.25
FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 392,257.52 $388,653.58
FEDERAL NATL MTG ASSN AL1595 6.00000 01/01/2040 US 126,030.19 $132,121.66
FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 199,854.87 $192,751.99
FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 US 778,365.61 $803,690.78
FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 305,419.13 $302,052.57
FEDERAL NATL MTG ASSN AX5234 4.50000 11/01/2044 US 196,633.96 $194,466.51
FEDERAL NATL MTG ASSN BC6764 3.50000 04/01/2046 US 141,944.59 $131,407.11
FEDERAL NATL MTG ASSN BD6997 4.00000 10/01/2046 US 170,247.6 $162,660.99
FEDERAL NATL MTG ASSN BE7845 4.50000 02/01/2047 US 112,902.41 $111,034.09
FEDERAL NATL MTG ASSN FN FS1179 3.50000 12/01/2049 US 2,449,406.42 $2,267,231.45
FN DS2696 3.00000 12/01/2051 US 3,117,077.98 $2,771,346.31
FEDERAL NATL MTG ASSN 889576 6.00000 04/01/2038 US 113,334.95 $118,812.81
FEDERAL NATL MTG ASSN 889579 6.00000 05/01/2038 US 92,728.04 $97,209.90
FEDERAL NATL MTG ASSN 990895 5.50000 10/01/2023 US 964.48 $960.31
FEDERAL NATL MTG ASSN 995196 6.00000 07/01/2038 US 5,483.37 $5,740.72
FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 196,749.65 $195,038.76
FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 313,088.35 $309,180.77
FEDERAL NATL MTG ASSN MA1903 4.50000 05/01/2034 US 128,084.22 $126,485.63
FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 312,408.66 $298,247.29
FEDERAL NATL MTG ASSN FN MA3463 4.00000 09/01/2033 US 238,466.56 $234,305.41
FEDERAL NATL MTG FN MA4203 2.50000 12/01/2040 US 2,137,961.81 $1,861,604.74
FEDERAL NATL MTG ASSN MA4600 3.50000 05/01/2052 US 2,698,222.35 $2,452,000.95
FEDERAL NATL MTG ASSN MA4644 4.00000 05/01/2052 US 2,649,734.26 $2,485,641.73
FEDERAL NATL MTG ASSN FN MA4687 4.00000 06/01/2042 US 2,660,059.86 $2,528,367.45
FN MA4733 4.50000 09/01/2052 US 2,938,262.43 $2,831,184.83
FN MA4807 MTGE 5.50000 11/01/2052 US 1,191,541.46 $1,195,160.25
FEDERAL NATL MTG ASSN AD0220 6.00000 10/01/2038 US 9,747.11 $10,204.57
FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 296,379.14 $310,704.15
FEDERAL NATL MTG ASSN AD0462 5.50000 10/01/2024 US 1,205 $1,198.38
FIFTH THIRD BANCORP US FITB 1,436 $47,115.16
FLX 2021-1A A2 3.25000 11/27/2051 US 2,150,000 $1,876,701.89
FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 1,571,000 $1,467,423.37
GSMBS 2021-PJ6 A8 2.50000 11/25/2051 US 953,979.76 $821,295.75
GSMBS 2021-PJ9 A8 2.50000 02/26/2052 US 985,991.83 $848,849.51
GSMBS 2021-INV1 A9 4.77768 12/25/2051 US 1,232,566.31 $1,121,272.97
GENERAL DYNAMICS CORP US GD 425 $105,446.75
GENERAL MLS INC US GIS 1,038 $87,036.30
GENUINE PARTS CO US GPC 329 $57,084.79
GETTY REALTY CORP US GTY 12,998 $439,982.30
GILEAD SCIENCES INC US GILD 1,794 $154,014.90
GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 296,544.34 $276,791.95
GREENIDGE GEN HLD INC US 14,200 $15,194.00
GRUPO AEROPORTUARIO PAC-ADR MX PAC 462 $66,440.22
GRUPO AEROPORTUARIO DEL SURESTE MX ASR 310 $72,226.90
AIRBUS SE FR AIR FP 2,368 $281,561.13
ADIDAS AG DE ADS GR 3,474 $470,818.84
HDFC BANK LTD-ADR IN HDB 4,593 $314,207.13
L'OREAL FR OR FP 293 $104,922.64
HAWAII ST 2.68200 10/01/2038 US 1,795,000 $1,292,567.08
HEALTHCARE REALTY TRUST INC US HR 27,873 $537,112.71
HEINEKEN NV-SPN ADR NL HEINY 89,131 $4,190,939.62
HOME DEPOT INC US HD 908 $286,800.88
HONEYWELL INTERNATIONAL INC US HON 820 $175,726.00
IIP OPERATING PARTNER 5.50000 05/25/2026 US 700,000 $614,150.78
IDEXX LABORATORIES INC US IDXX 6,195 $2,527,312.20
KERRY GROUP PLC-A IE KYGA ID 3,309 $298,903.10
ILLINOIS TOOL WKS INC US ITW 487 $107,286.10
IMPRL 2021-NQM3 1.59500 11/25/2056 US 1,131,024.6 $911,642.91
INDEPENDENCE REALTY TRUST IN US IRT 13,584 $229,026.24
INTEL CORP US INTC 4,566 $120,679.38
INTERCONTINENTALEXCHANGE INC US ICE 90,064 $9,239,665.76
INTERNATIONAL FLVRS & FRAGRANCES US IFF 488 $51,161.92
INTUIT INC US INTU 6,878 $2,677,055.16
INTUITIVE SURGICAL INC US ISRG 11,660 $3,093,981.00
INVITATION HOMES INC US INVH 14,762 $437,545.68
ITALY GOV'T INT BOND 2.37500 10/17/2024 IT 440,000 $414,233.86
JP MORGAN CHASE & CO US JPM 2,544 $341,150.40
JPMMT 2014-2 1A1 3.00000 06/25/2029 US 189,193.05 $176,750.65
JPMORGAN CHASE & CO 4.49300 03/24/2031 US 3,330,000 $3,123,837.47
JPMMT 2017-2 A3 3.50000 05/25/2047 US 112,088.78 $98,296.83
JOHNSON & JOHNSON US JNJ 55,025 $9,720,166.25
KREF 2021-FL2 A 5.39629 02/15/2039 US 1,300,000 $1,253,335.85
KEYCORP US KEY 1,580 $27,523.60
KROGER CO US KR 1,265 $56,393.70
L3HARRIS TECHNOLOGIES INC US LHX 13,147 $2,737,336.87
BEIERSDORF AG DE BEI GR 4,741 $541,762.86
LENNAR CORP US LEN 474 $42,897.00
LEXINGTON REALTY TRUST US LXP 20,602 $206,432.04
LIFE STORAGE INC US LSI 3,649 $359,426.50
LOCKHEED MARTIN CORP US LMT 331 $161,028.19
LULULEMON - ADR CA LULU 616 $197,354.08
MAGALLANES INC 4.05400 03/15/2029 US 3,450,000 $2,995,433.04
MARATHON PETROLEUM CORP US MPC 665 $77,399.35
MARRIOTT VACATIONS WORLD US VAC 971 $130,686.89
MASTERCARD INC-CLASS A US MA 26,340 $9,159,208.20
MCDONALDS CORP US MCD 578 $152,320.34
MERCADOLIBRE INC BR MELI 415 $351,189.60
MERCK & CO INC US MRK 2,534 $281,147.30
MICROSOFT CORP US MSFT 42,564 $10,207,698.48
MICROCHIP TECHNOLOGY INC US MCHP 752 $52,828.00
MID-AMERICA APARTMENT COMM US MAA 3,177 $498,757.23
MONDELEZ INTERNATIONAL INC US MDLZ 86,429 $5,760,492.85
MOODY'S CORPORATION US MCO 19,057 $5,309,661.34
MOTOROLA SOLUTIONS INC US MSI 303 $78,086.13
NAVIENT CORP 6.75000 06/25/2025 US 635,000 $610,397.04
NAVSL 2020-FA A 1.22000 07/15/2069 US 574,734.16 $524,478.43
NSLT 2012-3A A MTGE FLT 5.08871 02/25/2045 US 203,590.07 $198,250.56
NESTLE S.A. - ADR CH NSRGY 38,039 $4,387,418.26
NETAPP INC US NTAP 544 $32,672.64
USRE 2021-1 A1 1.91000 10/20/2061 US 2,275,000 $1,924,754.42
NRZT 2014-3A AFX3 3.75000 11/25/2054 US 201,554.06 $185,717.09
NRZT 2015-2A A1 3.75000 08/25/2055 US 269,800.51 $250,941.89
NRZT 2016-4A A1 3.75000 11/25/2056 US 306,448.12 $280,122.36
KEYENCE CORP JP 6861 JP 900 $349,420.30
NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 US 635,000 $608,856.68
NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 AU 1,520,000 $1,300,717.00
NEWMONT GOLDCORP CORP US NEM 29,312 $1,383,526.40
NIKE INC CLASS B US NKE 25,938 $3,035,005.38
NORFOLK SOUTHN CORP US NSC 12,209 $3,008,541.78
NIKON CORP JP 7731 JP 20,000 $176,854.58
NORTHROP GRUMMAN CORP US NOC 5,492 $2,996,490.12
NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 653,000 $65.30
NOVARTIS AG- REG CH NVS 80,443 $7,297,788.96
NUCOR CORP US NUE 466 $61,423.46
OBX 2022-INV1 A1 3.00000 12/25/2051 US 1,508,445.01 $1,260,766.64
OMNICOM GROUP US OMC 518 $42,253.26
SONY CORP FIRST SECTION JP 6758 JP 3,800 $289,642.16
TOKYO ELECTRON LTD JP 8035 JP 500 $146,914.36
OWL ROCK TECHNOLOGY 3.75000 06/17/2026 US 1,163,000 $1,012,607.39
OXFIN 2020-1A A2 3.10100 02/15/2028 US 594,159.4 $587,592.57
OXFIN 2019-1A A2 4.45900 02/15/2027 US 170,799.04 $169,447.85
OXFIN 2022-1A 3.60200 02/15/2030 US 1,975,000 $1,800,667.54
PMTLT 2013-J1 a9 3.50000 09/25/2043 US 280,977.32 $253,470.01
PPG INDUSTRIES INC US PPG 319 $40,111.06
PACKAGING CORP OF AMERICA US PKG 229 $29,291.39
PARKER HANNIFIN CORP US PH 182 $52,962.00
DEUTSCHE BOERSE AG DE DB1 GR 2,353 $405,163.52
PAYPAL HOLDINGS INC US PYPL 38,033 $2,708,710.26
PEAR 2021-1 A MTGE 2.60000 01/15/2034 US 2,015,672.36 $1,896,102.88
PELORUS FUND REIT 7.00000 09/30/2026 US 650,000 $598,643.40
NESTLE SA-REGISTERED CH NESN SW 6,219 $718,353.17
PEPSICO INC 3.90000 07/18/2032 US 2,480,000 $2,352,892.34
PFIZER INC US PFE 3,818 $195,634.32
PIONEER NATURAL RESOURCES CO US PXD 288 $65,776.32
POPULAR INC 6.12500 09/14/2023 PR 600,000 $596,487.14
PROCTER & GAMBLE CO US PG 2,010 $304,635.60
PROLOGIS US PLD 17,776 $2,003,888.48
PFMT 2021 -INV1 A1 2.50000 08/25/2051 US 1,863,835.7 $1,490,516.36
PFMT 2021-2 A2A 2.00000 04/25/2051 US 1,147,846.33 $969,016.05
PUBLIC STORAGE INC US PSA 2,631 $737,179.89
QUALCOMM INC US QCOM 1,312 $144,241.28
QUALCOMM INC 4.25000 05/20/2032 US 1,785,000 $1,725,106.59
QUALCOMM 5.40000 05/20/2033 US 970,000 $1,014,941.91
QUEST DIAGNOSTICS INC US DGX 312 $48,809.28
RCKT 2021-6 A1 2.50000 12/25/2051 US 1,953,724.18 $1,563,062.81
RADIUS GLOBAL INFRASTRUCTURE US RADI 59,538 $703,739.16
REALTY INCOME CORP US O 1,985 $125,908.55
REGIONS FINANCIAL CORP. US RF 2,208 $47,604.48
REPUBLIC SERVICES INC US RSG 554 $71,460.46
RESTAURANT BRANDS INTERN CA QSR 3,201 $207,008.67
REXFORD INDUSTRIAL REALITY IN US REXR 9,340 $510,337.60
GETINGE AB-B SHS SE GETIB SS 23,076 $479,763.91
ROSS STORES INC US ROST 457 $53,043.99
HEINEKEN NV NL HEIA NA 5,981 $563,363.98
RYANAIR HOLDINGS - ADR IE RYAAY 2,754 $205,889.04
SBA TOWER TRUST 6.59900 01/15/2028 US 2,225,000 $2,232,060.37
S&P GLOBAL INC US SPGI 5,785 $1,937,627.90
SBA COMMUNICATIONS CORP US SBAC 23,078 $6,468,994.18
SLAM 2021-1A A MTGE 2.43400 06/15/2046 US 1,631,160 $1,351,462.87
SMB 2020-BA A1A 1.29000 07/15/2053 US 934,243.41 $824,979.00
SALESFORCE INC US CRM 35,451 $4,700,448.09
SEAGEN INC US SGEN 16,707 $2,147,016.57
SEMT 2013-6 A2 3.00000 05/25/2043 US 507,477.14 $446,576.08
SEMT 2013-7 A2 3.00000 06/25/2043 US 108,860.88 $95,459.80
SEMT 2013-8 A1 3.00000 06/25/2043 US 125,643.1 $111,106.52
SEMT 2013-2 1.87400 02/25/2043 US 106,031.35 $89,583.73
SERVICENOW INC US NOW 12,371 $4,803,288.17
SIMON PROPERTY GROUP LP 2.65000 02/01/2032 US 4,550,000 $3,671,157.85
SKYWORKS SOLUTIONS INC US SWKS 274 $24,969.62
SMB 2019-B A2A 2.84000 06/15/2037 US 1,409,030.98 $1,292,017.65
JM SMUCKER CO/THE-NEW COM WI US SJM 277 $43,893.42
SNOWFLAKE INC-CLASS A US SNOW 15,174 $2,178,075.96
SOFI 2017-F A2FX 2.84000 01/25/2041 US 63,345.34 $60,955.00
SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 347,845.42 $336,212.43
SOFI 2020-A A2FX MTGE 2.54000 05/15/2046 US 793,827.7 $734,329.56
SOUTH CAROLINA ST PUBLIC SVC 2.32900 12/01/2028 US 230,000 $193,705.83
SOUTHWEST AIRLINES CO 5.12500 06/15/2027 US 2,440,000 $2,416,031.51
SIDC 2021-1A A2 MTGE 1.87700 03/26/2046 US 1,500,000 $1,286,321.64
STAG INDUSTRIAL INC US STAG 3,907 $126,235.17
STANLEY BLACK & DECKER INC US SWK 261 $19,606.32
SRPT 2014-STAR A FLTG RATE 5.78800 11/15/2027 US 1,278,104.61 $886,957.71
STEEL DYNAMICS INC US STLD 462 $45,137.40
SUN COMMUNITIES US SUI 4,518 $646,074.00
SCML 2019-SBC8 2.86000 04/25/2041 US 172,210.21 $157,535.25
SYNCHRONOSS TECH US 27,248 $489,101.60
SYNERGY ONE LENDING 5.50000 10/14/2026 US 740,000 $637,695.55
TJX COMPANIES INC US TJX 1,234 $98,226.40
TAIWAN SEMICONDUCTOR - SP ADR TW TSM 61,841 $4,606,536.09
TARGET CORP US TGT 455 $67,813.20
TENCENT HOLDINGS 3.97500 04/11/2029 KY 5,520,000 $5,105,215.83
TERRENO REALTY CORP US TRNO 6,125 $348,328.75
TEXAS INSTRUMENTS INC US TXN 771 $127,384.62
THERMO FISHER SCIENTIFIC INC US TMO 5,732 $3,156,555.08
3M CO US MMM 801 $96,055.92
TPMT 2016-5 A1 2.50000 10/25/2056 US 139,235.65 $136,898.15
TPMT 2017-1 A1 2.75000 10/25/2056 US 159,847.93 $157,159.66
TPMT 2019-HY1 A1 5.38871 10/25/2048 US 384,254.65 $381,160.98
TRACTOR SUPPLY COMPANY US TSCO 171 $38,469.87
TRAVELLERS COS INC US TRV 421 $78,933.29
TAH 2017-SFR2 A 2.92800 01/17/2036 US 1,128,390.99 $1,093,691.52
TCF 2021-1A 1.86000 03/20/2046 US 1,574,812.5 $1,315,081.26
TYSON FOODS INC -CL A US TSN 674 $41,956.50
UDR INC US UDR 9,236 $357,710.28
U.S. BANCORP US USB 2,170 $94,633.70
UNILEVER PLC - ADR GB UL 157,978 $7,954,192.30
UNION PAC CORP US UNP 755 $156,337.85
UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 US 604,332.53 $515,272.80
UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 US 107,569.92 $97,401.59
UNITED MEXICAN STATES 4.12500 01/21/2026 MX 200,000 $195,212.15
UNITED PARCEL SERVICE US UPS 731 $127,077.04
US TREASURY N/B 3.00000 05/15/2047 US 5,890,000 $4,849,126.56
TREASURY BOND 2.37500 02/15/2042 US 27,780,000 $21,377,578.13
TREASURY NOTE 2.25000 11/15/2027 US 13,050,000 $12,041,683.66
US TREASURY N/B 3.12500 11/15/2028 US 34,110,000 $32,588,374.39
US TREASURY N/B 2.00000 11/15/2026 US 13,090,000 $12,111,318.03
US TEASURY NOTE 1.75000 11/15/2029 US 15,965,000 $13,956,902.34
US TREASURY N/B 0.87500 11/15/2030 US 25,035,000 $20,071,028.91
US TREASURY N/B 1.37500 11/15/2031 US 17,365,000 $14,187,747.66
VF CORP US VFC 630 $17,394.30
VENTAS INC US VTR 5,443 $245,207.15
VERTEX PHARMACEUTICALS INC US VRTX 13,039 $3,765,402.42
PARAMOUNT GLOBAL CLASS B US PARA 993 $16,761.84
VISA INC - CLASS A SHARES US V 36,152 $7,510,939.52
VISTRA OPERATIONS CO LLC 3.55000 07/15/2024 US 630,000 $604,859.19
VISTRA OPERATIONS 4.87500 05/13/2024 US 2,190,000 $2,143,740.54
WAL MART STORES US WMT 2,224 $315,340.96
WALGREENS BOOTS ALLIANCE INC US WBA 1,153 $43,076.08
WASTE MANAGEMENT INC US WM 619 $97,108.72
WELLTOWER INC. US WELL 5,510 $361,180.50
WIN 2015-1 A1 3.50000 01/20/2045 US 44,957.99 $40,962.62
ZOETIS INC US ZTS 9,028 $1,323,053.40
ADMIRAL GROUP PLC GB ADM LN 24,443 $627,473.75
GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 8,500 $65,351.40
UBISOFT ENTERTAINMENT FR UBI FP 8,402 $237,363.63
DANONE FR BN FP 4,088 $215,461.03
AIR LIQUIDE FR AI FP 4,319 $613,019.16
BRENNTAG AG DE BNR GR 3,216 $205,100.01
MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 972,000 $46,035.02
KEYWORDS STUDIOS PLC IE KWS LN 3,051 $100,122.86
HELIOS TOWERS PLC GB HTWS LN 131,635 $168,847.68
AVANZA BANK HOLDING AB SE AZA SS 14,899 $319,725.91
AMERICAN TANKER INC 7.75000 07/02/2025 US 715,000 $684,897.95
SOFTWAREONE HOLDING AG CH SWON SW 21,422 $304,050.80
TENCENT HOLDINGS LTD CN 700 HK 7,900 $334,962.87
FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 15,519 $252,028.56
SEASPAN CORP 6.50000 02/05/2024 MH 700,000 $695,053.81
PETROTAL CORP 12.00000 02/16/2024 CA 556,000 $560,191.32
IMCD NV NL IMCD NA 774 $110,714.18
FINECOBANK SPA IT FBK IM 33,130 $550,160.79
ALLFUNDS GROUP PLC GB ALLFG NA 33,105 $232,156.81
ROTORK PLC GB ROR LN 64,360 $239,175.48
AUTO TRADER GROUP PLC GB AUTO LN 87,064 $542,178.40
CELLNEX TELECOM SA ES CLNX SM 15,395 $510,671.43
ASSA ABLOY AB-B SE ASSAB SS 16,246 $349,439.55
CLEANAWAY WASTE MANAGEMENT AU CWY AU 244,322 $435,340.95
INTERMEDIATE CAPITAL GROUP GB ICP LN 22,075 $304,793.55
ADYEN NV NL ADYEN NA 279 $387,321.72
BANK OF N.T. BUTTERFIELD&SON BM NTB 6,502 $193,824.62
BUNGE LIMITED US BG 343 $34,221.11
EATON CORP PLC US ETN 654 $102,645.30
JOHNSON CONTROLS INTERNATIONAL US JCI 1,207 $77,248.00
LINDE PLC GB LIN 660 $215,278.80
MEDTRONIC INC IE MDT 37,377 $2,904,940.44
RENAISSANCERE HOLDINGS LTD BM RNR 1,118 $205,969.14
ROYALTY PHARMA PLC- CL A US RPRX 910 $35,963.20
STONECO LTD-A BR STNE 9,971 $94,126.24
TRANE TECHNOLOGIES IE TT 309 $51,939.81
ALCON INC CH ALC 51,602 $3,537,317.10
CHUBB LTD CH CB 587 $129,492.20
GARMIN LTD CH GRMN 457 $42,176.53
TE CONNECTIVITY LIMITED CH TEL 432 $49,593.60
LYONDELLBASELL INDU-CL A US LYB 441 $36,616.23
PLAYA HOTELS AND RESORTS US PLYA 15,731 $102,723.43
BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 179,000 $169,628.36

Investments will change over time.

Distributions

  • Pro-Blend® Extended Term Series Class S Distribution History
  • 2023 Distribution Calendar
  • Fourth Quarter 2022 Distributions
  • Third Quarter 2022 Distributions
  • Second Quarter 2022 Distributions
  • First Quarter 2023 Distributions
  • Tax Letter
  • Target 2030 Merger into Pro Blend Extended
  • Target 2035 Merger into Pro Blend Extended
  • Target 2040 Merger into Pro Blend Extended
  • Pro-Blend Extended Series Stock Split

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.


Loading...