Investment Objective

To provide long-term capital growth.

Investment Strategy

The portfolio is invested in an aggressive, growth-oriented mix of securities that seeks to earn the long-term growth typically associated with the stock market. Holdings are diversified primarily among various stock investments in both domestic and foreign markets; only a minor portion of the fund is invested in fixed income securities.

The fund manager will adjust the investment mix over time to manage risk by continually evaluating individual securities and market conditions to determine the relative attractiveness of each investment. In general, stock exposure will increase when valuations are low and decrease during speculative markets.

May be Appropriate for Investors

  • Who seek long-term capital growth and generally have the time to withstand market volatility
  • Who have a very high capital risk tolerance

About 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

$22.43

Daily $ Change

$0.35

Daily % Change

1.56%

as of 02/02/2023

Ticker

MNHIX

CUSIP

56382P666

Inception Date

03/28/2008

Investment Minimum

$1,000,000.00

Investment minimum may be waived for certain qualified retirement plans 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

-20.22%

3 Year

5.04%

5 Year

6.86%

10 Year

8.72%

Inception
(11/01/1995)

8.78%

Inception performance is based on the Pro-Blend® Maximum Term Series Class S inception of 11/01/1995. For periods through 03/28/2008 (the inception date of the Class I shares), performance for the Class I shares is based on the historical performance of the Class S shares. Because the Class I shares invest in the same portfolio of securities as the Class S shares, performance will be different only to the extent that the Class S shares have a higher expense ratio. 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 0.89%
Net 0.85%*

*Reflects the Advisor’s contractual agreement to limit its fees and reimburse certain expenses. The contractual waiver may not be amended or terminated without the prior approval of the Fund’s Board of Directors.

Top Ten Investments

As of 12/31/2022

TREASURY NOTES 14.11%
AMAZON.COM INC 3.19%
MICROSOFT CORP 2.86%
COCA COLA CO/THE 2.22%
MASTERCARD INC-CLASS A 2.16%
MONDELEZ INTERNATIONAL INC 1.80%
MOODY'S CORPORATION 1.76%
VISA INC - CLASS A SHARES 1.71%
MEDTRONIC INC 1.63%
SALESFORCE INC 1.60%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 12/31/2022

Stocks 79.69%
Bonds 16.50%
Cash 3.81%

Detailed Asset Class Allocation

As of 12/31/2022

International Equities 22.16%
Small Capitalization 1.28%
Mid Capitalization 6.63%
Large Capitalization 49.62%
Long Term Fixed Income 0.37%
Intermediate Term Fixed Income 15.59%
Short Term Fixed Income 0.54%
Cash 3.81%

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 1,188 $130,430.52
ACTIVISION INC US ATVI 30,385 $2,325,971.75
ADIDAS AG-SPONSORED ADR DE ADDYY 54,336 $3,680,720.64
ADMIRAL GROUP PLC GB AMIGY 71,979 $1,829,706.18
AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 IE 300,000 $252,165.70
ADYEN NV UNSPON ADR NL ADYEY 288,868 $3,986,378.40
AGREE REALTY CORP US ADC 2,108 $149,520.44
AIR LIQUIDE-ADR FR AIQUY 96,940 $2,741,705.55
AIR LEASE CORP 3.62500 04/01/2027 US 280,000 $255,918.82
ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 69,908.42 $70,251.68
ALIBABA GROUP HOLDING 4.00000 12/06/2037 KY 460,000 $387,217.01
ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 KY 250,000 $199,303.86
ALLSTATE CORPORATION US ALL 470 $63,732.00
ALPHABET INC-CL A US GOOGL 73,872 $6,517,726.56
AMAZON.COM INC US AMZN 156,517 $13,147,428.00
AMAZON.COM INC 3.30000 04/13/2027 US 590,000 $560,879.42
DIAGEO PLC GB DGE LN 9,081 $397,492.39
BAE SYSTEMS PLC GB BA/ LN 39,893 $412,030.99
AMERICAN HOMES 4 RENT- A US AMH 4,855 $146,329.70
AMERICAN TOWER REIT INC US AMT 658 $139,403.88
AMERICOLD REALTY TRUST US COLD 2,483 $70,293.73
ANALOG DEVICES INC US ADI 654 $107,275.62
APPLIED MATERIALS INC US AMAT 26,555 $2,585,925.90
ARBOR REALTY TRUST INC 8.00000 04/30/2023 US 80,000 $79,988.83
ARCHER-DANIELS-MIDLAND CO US ADM 818 $75,951.30
ARGO BLOCKCHAIN PLC GB 2,921 $8,909.05
ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 230,000 $209,365.77
ATLASSIAN CORP PLC-CLASS A AU TEAM 2,143 $275,761.24
AUTOMATIC DATA PROCESSING US ADP 481 $114,891.66
AVALONBAY COMMUNITIES INC US AVB 612 $98,850.24
BAE SYSTEMS PLC -SPON ADR GB BAESY 64,740 $2,728,467.30
BNSF FUNDING TRUST I 6.61300 12/15/2055 US 240,000 $226,374.89
BANK OF AMERICA CORP 2.68700 04/22/2032 US 480,000 $385,431.50
BARRICK GOLD CORP CA GOLD 91,278 $1,568,156.04
BAXTER INTERNATIONAL INC US BAX 618 $31,499.46
BEST BUY INC US BBY 426 $34,169.46
BIOMARIN PHARMACEUTICAL INC US BMRN 25,981 $2,688,773.69
BLACKROCK INC US BLK 3,815 $2,703,423.45
BLACKSTONE SECURED LEND 2.75000 09/16/2026 US 195,000 $171,185.94
DECHRA PHARMACEUTICALS PLC GB DPH LN 7,965 $251,055.34
BOSTON SCIENTIFIC CORP US BSX 43,781 $2,025,746.87
BRANDYWINE REALTY TRUST US BDN 7,742 $47,613.30
BRENNTAG AG-UNSP ADR DE BNTGY 146,104 $1,859,903.92
BRISTOL MYERS SQUIBB CO US BMY 2,160 $155,412.00
BROADRIDGE FINANCIAL SOLUTIONS US BR 239 $32,057.07
JONAH ENERGY PARENT LLC US 2,449 $152,401.27
CBOE GLOBAL MARKETS INC US CBOE 29,854 $3,745,781.38
CDW CORP/DE US CDW 16,716 $2,985,143.28
C.H. ROBINSON WORLDWIDE INC US CHRW 323 $29,573.88
CIM 2019-INV1 A1 4.00000 02/25/2049 US 449.85 $430.14
CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 2,066.92 $1,805.68
CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 3,063.29 $2,732.71
CVS HEALTH CORP US CVS 32,136 $2,994,753.84
COTERRA ENERGY INC US CTRA 1,179 $28,968.03
CAMDEN PROPERTY TRUST US CPT 862 $96,440.56
CAMPBELL SOUP CO US CPB 686 $38,930.50
CANADIAN NATIONAL RAILWAY CO CA CNI 35,134 $4,176,729.92
CARETRUST REIT INC US CTRE 5,241 $97,377.78
CATERPILLAR INC US CAT 616 $147,568.96
CELLNEX TELECOM SAU-UNSP ADR ES CLLNY 235,773 $3,890,254.50
CENOVUS ENERGY INC 6.75000 11/15/2039 CA 251,000 $261,376.49
CHEVRON CORP US CVX 1,164 $208,926.36
CINCINNATI FINANCIAL CORP US CINF 327 $33,481.53
CISCO SYSTEMS INC US CSCO 3,804 $181,222.56
CITIGROUP INC US C 2,445 $110,587.35
CITIGROUP INC 1.46200 06/09/2027 US 450,000 $391,102.34
COCA COLA CO/THE US KO 143,663 $9,138,403.43
COGNEX CORP US CGNX 40,686 $1,916,717.46
COLGATE-PALMOLIVE CO US CL 1,157 $91,160.03
COMCAST CORP-CL A US CMCSA 4,125 $144,251.25
CBSLT 2019-AGS A1 MTGE 2.54000 01/25/2047 US 5,457.57 $4,973.58
COMMUNITY HEALTHCARE TRUST I US CHCT 4,606 $164,894.80
CONAGRA BRAND INC. US CAG 1,035 $40,054.50
CONOCOPHILLIPS US COP 1,077 $127,086.00
CONSTELLATION BRANDS INC-A US STZ 23,763 $5,507,075.25
COOPER COS INC/THE US COO 5,572 $1,842,493.24
COPART INC US CPRT 28,993 $1,765,383.77
COUSINS PROPERTIES INC US CUZ 5,936 $150,121.44
CUMMINS INC US CMI 269 $65,176.01
KIMBERLY CLARK DE MEXICO S.A.B. MX 249,300 $423,080.13
DEUTSCHE BOERSE AG ADR DE DBOEY 181,723 $3,118,366.68
DEVON ENERGY CORPORATION US DVN 775 $47,670.25
DIAMONDBACK ENERGY INC US FANG 242 $33,100.76
DIGITAL REALTY TRUST INC US DLR 1,868 $187,304.36
DOLLAR GENERAL CORP US DG 15,925 $3,921,531.25
DOLLAR TREE STORES INC US DLTR 28,050 $3,967,392.00
DOMINO'S PIZZA US DPZ 13,770 $4,769,928.00
DOUBLEVERIFY HOLDINGS INC US DV 123,583 $2,713,882.68
DOW INC US DOW 817 $41,168.63
DREYFUS GVT CSH MANAGEMENT US 16,313,864.77 $16,313,864.77
EOG RESOURCES INC US EOG 583 $75,510.16
EAST WEST BANCORP INC US EWBC 42,169 $2,778,937.10
EASTMAN CHEM CO US EMN 293 $23,861.92
EBAY INC US EBAY 775 $32,139.25
ELECTRONIC ARTS US EA 38,980 $4,762,576.40
EMERSON ELEC CO US EMR 860 $82,611.60
ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 610,000 $604,636.11
EQUINIX INC US EQIX 8,686 $5,689,590.58
EQUITY LIFESTYLE PROPERTIES US ELS 3,506 $226,487.60
ESSEX PROPERTY TRUST INC US ESS 402 $85,191.84
EVERGY INC US EVRG 46,610 $2,933,167.30
EXPEDIA GROUP INC 3.25000 02/15/2030 US 270,000 $229,827.81
FMC CORP US FMC 37,384 $4,665,523.20
FS ENERGY & POWER FUND 7.50000 08/15/2023 US 230,000 $230,625.44
META PLATFORMS INC US META 46,540 $5,600,623.60
FHLM POOL C91762 4.50000 05/01/2034 US 2,431.5 $2,403.30
FHLM POOL C91771 4.50000 06/01/2034 US 2,321.35 $2,294.44
FHLM POOL C91780 4.50000 07/01/2034 US 3,184.74 $3,152.96
FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 US 9,553.75 $9,864.59
FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 2,425.27 $2,404.18
FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 3,776.74 $3,729.60
FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 3,652.03 $3,828.55
FIFTH THIRD BANCORP US FITB 1,309 $42,948.29
FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 18,000 $16,813.25
GENERAL DYNAMICS CORP US GD 387 $96,018.57
GENERAL MLS INC US GIS 946 $79,322.10
GENUINE PARTS CO US GPC 301 $52,226.51
GETTY REALTY CORP US GTY 5,483 $185,599.55
GILEAD SCIENCES INC US GILD 1,635 $140,364.75
GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 3,320.6 $3,099.42
GREENIDGE GEN HLD INC US 5,500 $5,885.00
GRUPO AEROPORTUARIO CEN-ADR MX OMAB 14,359 $887,960.56
GRUPO AEROPORTUARIO PAC-ADR MX PAC 6,070 $872,926.70
GRUPO AEROPORTUARIO DEL SURESTE MX ASR 4,338 $1,010,710.62
AIRBUS SE FR AIR FP 1,842 $219,018.41
ADIDAS AG DE ADS GR 2,942 $398,718.77
HDFC BANK LTD-ADR IN HDB 57,757 $3,951,156.37
L'OREAL FR OR FP 236 $84,511.07
HEALTHCARE REALTY TRUST INC US HR 11,759 $226,595.93
HEINEKEN NV-SPN ADR NL HEINY 57,795 $2,717,520.90
HESKA CORP US HSKA 15,505 $963,790.80
HOME DEPOT INC US HD 827 $261,216.22
HONEYWELL INTERNATIONAL INC US HON 747 $160,082.10
HUMANA INC US HUM 3,303 $1,691,763.57
IIP OPERATING PARTNER 5.50000 05/25/2026 US 230,000 $201,792.40
IDEXX LABORATORIES INC US IDXX 10,390 $4,238,704.40
KERRY GROUP PLC-A IE KYGA ID 2,703 $244,162.91
ILLINOIS TOOL WKS INC US ITW 445 $98,033.50
INDEPENDENCE REALTY TRUST IN US IRT 5,801 $97,804.86
INTEL CORP US INTC 4,340 $114,706.20
INTERCONTINENTALEXCHANGE INC US ICE 38,705 $3,970,745.95
INTERNATIONAL FLVRS & FRAGRANCES US IFF 446 $46,758.64
INTUIT INC US INTU 8,947 $3,482,351.34
INTUITIVE SURGICAL INC US ISRG 10,839 $2,876,128.65
INVITATION HOMES INC US INVH 6,596 $195,505.44
JP MORGAN CHASE & CO US JPM 23,316 $3,126,675.60
JPMMT 2014-2 1A1 3.00000 06/25/2029 US 2,246.95 $2,099.18
JPMORGAN CHASE & CO 4.49300 03/24/2031 US 680,000 $637,900.74
JPMMT 2017-2 A3 3.50000 05/25/2047 US 5,737.38 $5,031.42
JOHNSON & JOHNSON US JNJ 36,835 $6,506,902.75
KEYCORP US KEY 1,440 $25,084.80
KROGER CO US KR 1,153 $51,400.74
L3HARRIS TECHNOLOGIES INC US LHX 17,646 $3,674,073.66
BEIERSDORF AG DE BEI GR 3,757 $429,319.35
LENNAR CORP US LEN 431 $39,005.50
LEXINGTON REALTY TRUST US LXP 8,734 $87,514.68
LIFE STORAGE INC US LSI 1,547 $152,379.50
LOCKHEED MARTIN CORP US LMT 301 $146,433.49
LULULEMON - ADR CA LULU 12,016 $3,849,686.08
MAGALLANES INC 4.05400 03/15/2029 US 650,000 $564,356.95
MARATHON PETROLEUM CORP US MPC 605 $70,415.95
MARRIOTT VACATIONS WORLD US VAC 411 $55,316.49
MASTERCARD INC-CLASS A US MA 25,579 $8,894,585.67
MCDONALDS CORP US MCD 527 $138,880.31
MERCADOLIBRE INC BR MELI 2,344 $1,983,586.56
MERCK & CO INC US MRK 2,310 $256,294.50
MICROSOFT CORP US MSFT 49,067 $11,767,247.94
MICROCHIP TECHNOLOGY INC US MCHP 715 $50,228.75
MICRON TECHNOLOGY INC US MU 30,512 $1,524,989.76
MID-AMERICA APARTMENT COMM US MAA 1,359 $213,349.41
MONDELEZ INTERNATIONAL INC US MDLZ 111,292 $7,417,611.80
MOODY'S CORPORATION US MCO 26,080 $7,266,409.60
MOTOROLA SOLUTIONS INC US MSI 276 $71,127.96
NAVIENT CORP 6.75000 06/25/2025 US 235,000 $225,894.97
NSLT 2012-3A A MTGE FLT 5.08871 02/25/2045 US 10,455.14 $10,180.94
NESTLE S.A. - ADR CH NSRGY 45,989 $5,304,371.26
NETAPP INC US NTAP 496 $29,789.76
NRZT 2014-3A AFX3 3.75000 11/25/2054 US 2,406.62 $2,217.52
NRZT 2015-2A A1 3.75000 08/25/2055 US 3,300.31 $3,069.62
NRZT 2016-4A A1 3.75000 11/25/2056 US 3,674.44 $3,358.78
KEYENCE CORP JP 6861 JP 700 $271,771.35
NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 US 125,000 $119,853.68
NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 AU 290,000 $248,163.11
NEWMONT GOLDCORP CORP US NEM 31,201 $1,472,687.20
NIKE INC CLASS B US NKE 25,473 $2,980,595.73
NORFOLK SOUTHN CORP US NSC 11,352 $2,797,359.84
NIKON CORP JP 7731 JP 16,800 $148,557.84
NORTHROP GRUMMAN CORP US NOC 5,140 $2,804,435.40
NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 220,000 $22.00
NOVARTIS AG- REG CH NVS 38,452 $3,488,365.44
NUCOR CORP US NUE 424 $55,887.44
OMNICOM GROUP US OMC 473 $38,582.61
SONY CORP FIRST SECTION JP 6758 JP 3,000 $228,664.86
TOKYO ELECTRON LTD JP 8035 JP 400 $117,531.49
OWL ROCK TECHNOLOGY 3.75000 06/17/2026 US 223,000 $194,162.90
OXFIN 2020-1A A2 3.10100 02/15/2028 US 7,185.6 $7,106.18
OXFIN 2019-1A A2 4.45900 02/15/2027 US 8,639.64 $8,571.29
PMTLT 2013-J1 a9 3.50000 09/25/2043 US 3,388.49 $3,056.76
PPG INDUSTRIES INC US PPG 291 $36,590.34
PACKAGING CORP OF AMERICA US PKG 210 $26,861.10
PARKER HANNIFIN CORP US PH 166 $48,306.00
DEUTSCHE BOERSE AG DE DB1 GR 1,851 $318,724.04
PAYPAL HOLDINGS INC US PYPL 52,995 $3,774,303.90
PELORUS FUND REIT 7.00000 09/30/2026 US 245,000 $225,642.51
NESTLE SA-REGISTERED CH NESN SW 4,838 $558,834.64
PEPSICO INC 3.90000 07/18/2032 US 480,000 $455,398.52
PFIZER INC US PFE 3,481 $178,366.44
PIONEER NATURAL RESOURCES CO US PXD 252 $57,554.28
POPULAR INC 6.12500 09/14/2023 PR 225,000 $223,682.68
PROCTER & GAMBLE CO US PG 1,833 $277,809.48
PROLOGIS US PLD 7,593 $855,958.89
PUBLIC STORAGE INC US PSA 1,137 $318,576.03
QUALCOMM INC US QCOM 1,231 $135,336.14
QUALCOMM INC 4.25000 05/20/2032 US 445,000 $430,068.59
QUEST DIAGNOSTICS INC US DGX 272 $42,551.68
RADIUS GLOBAL INFRASTRUCTURE US RADI 25,241 $298,348.62
REALTY INCOME CORP US O 837 $53,090.91
REGIONS FINANCIAL CORP. US RF 2,014 $43,421.84
REPUBLIC SERVICES INC US RSG 505 $65,139.95
RESTAURANT BRANDS INTERN CA QSR 2,490 $161,028.30
REXFORD INDUSTRIAL REALITY IN US REXR 4,061 $221,893.04
GETINGE AB-B SHS SE GETIB SS 18,808 $391,029.62
ROSS STORES INC US ROST 417 $48,401.19
HEINEKEN NV NL HEIA NA 4,596 $432,907.68
RYANAIR HOLDINGS - ADR IE RYAAY 55,953 $4,183,046.28
SBA TOWER TRUST 6.59900 01/15/2028 US 405,000 $406,285.15
S&P GLOBAL INC US SPGI 16,265 $5,447,799.10
SBA COMMUNICATIONS CORP US SBAC 21,776 $6,104,030.56
SALESFORCE INC US CRM 49,638 $6,581,502.42
SEAGEN INC US SGEN 14,751 $1,895,651.01
SEMT 2013-6 A2 3.00000 05/25/2043 US 3,702.35 $3,258.04
SEMT 2013-8 A1 3.00000 06/25/2043 US 1,554.99 $1,375.08
SEMT 2013-2 1.87400 02/25/2043 US 1,266.3 $1,069.87
SERVICENOW INC US NOW 16,617 $6,451,882.59
SIMON PROPERTY GROUP LP 2.65000 02/01/2032 US 880,000 $710,026.13
SKYWORKS SOLUTIONS INC US SWKS 253 $23,055.89
JM SMUCKER CO/THE-NEW COM WI US SJM 241 $38,188.86
SNOWFLAKE INC-CLASS A US SNOW 31,624 $4,539,308.96
SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 4,465.92 $4,316.57
SOFI 2020-A A2FX MTGE 2.54000 05/15/2046 US 9,663.99 $8,939.66
SONY CORP SPONSORED ADR JP SONY 46,271 $3,529,551.88
SOUTHWEST AIRLINES CO 5.12500 06/15/2027 US 454,000 $449,540.29
STAG INDUSTRIAL INC US STAG 1,655 $53,473.05
STANLEY BLACK & DECKER INC US SWK 236 $17,728.32
SRPT 2014-STAR A FLTG RATE 5.78800 11/15/2027 US 15,954.15 $11,071.59
STEEL DYNAMICS INC US STLD 422 $41,229.40
SUN COMMUNITIES US SUI 1,964 $280,852.00
SCML 2019-SBC8 2.86000 04/25/2041 US 8,831.29 $8,078.73
SYNCHRONOSS TECH US 10,579 $189,893.05
SYNERGY ONE LENDING 5.50000 10/14/2026 US 285,000 $245,598.96
TJX COMPANIES INC US TJX 1,126 $89,629.60
TAIWAN SEMICONDUCTOR - SP ADR TW TSM 52,872 $3,938,435.28
TARGET CORP US TGT 416 $62,000.64
TENCENT HOLDINGS 3.97500 04/11/2029 KY 990,000 $915,609.36
TERRENO REALTY CORP US TRNO 2,597 $147,691.39
TEXAS INSTRUMENTS INC US TXN 740 $122,262.80
THERMO FISHER SCIENTIFIC INC US TMO 7,605 $4,187,997.45
3M CO US MMM 728 $87,301.76
TPMT 2016-5 A1 2.50000 10/25/2056 US 1,710.84 $1,682.12
TPMT 2017-1 A1 2.75000 10/25/2056 US 1,642.9 $1,615.27
TPMT 2019-HY1 A1 5.38871 10/25/2048 US 4,019.89 $3,987.53
TRACTOR SUPPLY COMPANY US TSCO 163 $36,670.11
TRAVELLERS COS INC US TRV 385 $72,183.65
TAH 2017-SFR2 A 2.92800 01/17/2036 US 11,669.91 $11,311.05
TYSON FOODS INC -CL A US TSN 616 $38,346.00
UDR INC US UDR 3,896 $150,892.08
U.S. BANCORP US USB 1,979 $86,304.19
UBISOFT ENTERTAIN-UNSPON ADR FR UBSFY 274,650 $1,543,533.00
UNILEVER PLC - ADR GB UL 105,099 $5,291,734.65
UNION PAC CORP US UNP 690 $142,878.30
UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 US 281,068.26 $239,647.58
UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 US 37,965.87 $34,377.04
UNITED PARCEL SERVICE US UPS 667 $115,951.28
US TREASURY N/B 3.12500 11/15/2028 US 21,515,000 $20,555,229.40
US TEASURY NOTE 1.75000 11/15/2029 US 22,600,000 $19,757,343.75
US TREASURY N/B 0.87500 11/15/2030 US 19,605,000 $15,717,696.09
US TREASURY N/B 1.37500 11/15/2031 US 2,520,000 $2,058,918.75
UNITEDHEALTH GROUP INC US UNH 3,597 $1,907,057.46
VF CORP US VFC 575 $15,875.75
VENTAS INC US VTR 2,364 $106,498.20
VERTEX PHARMACEUTICALS INC US VRTX 10,216 $2,950,176.48
PARAMOUNT GLOBAL CLASS B US PARA 906 $15,293.28
VISA INC - CLASS A SHARES US V 33,827 $7,027,897.52
VISTRA OPERATIONS CO LLC 3.55000 07/15/2024 US 120,000 $115,211.28
VISTRA OPERATIONS 4.87500 05/13/2024 US 440,000 $430,705.86
WAL MART STORES US WMT 2,028 $287,550.12
WALGREENS BOOTS ALLIANCE INC US WBA 1,052 $39,302.72
WASTE MANAGEMENT INC US WM 565 $88,637.20
WELLTOWER INC. US WELL 2,322 $152,207.10
ZOETIS INC US ZTS 8,201 $1,201,856.55
ADMIRAL GROUP PLC GB ADM LN 18,784 $482,202.14
GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 6,600 $50,743.44
UBISOFT ENTERTAINMENT FR UBI FP 7,947 $224,509.49
DANONE FR BN FP 3,207 $169,027.28
AIR LIQUIDE FR AI FP 3,112 $441,703.08
BRENNTAG AG DE BNR GR 2,473 $157,715.27
KEYWORDS STUDIOS PLC IE KWS LN 2,374 $77,906.15
HELIOS TOWERS PLC GB HTWS LN 60,460 $77,551.80
AVANZA BANK HOLDING AB SE AZA SS 11,591 $248,737.70
AMERICAN TANKER INC 7.75000 07/02/2025 US 275,000 $263,422.29
SOFTWAREONE HOLDING AG CH SWON SW 16,665 $236,532.84
TENCENT HOLDINGS LTD CN 700 HK 6,500 $275,602.37
FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 6,841 $111,097.84
SEASPAN CORP 6.50000 02/05/2024 MH 200,000 $198,586.80
PETROTAL CORP 12.00000 02/16/2024 CA 216,000 $217,628.28
IMCD NV NL IMCD NA 595 $85,109.74
FINECOBANK SPA IT FBK IM 25,773 $427,989.56
ALLFUNDS GROUP PLC GB ALLFG NA 22,829 $160,093.88
ROTORK PLC GB ROR LN 49,497 $183,941.40
AUTO TRADER GROUP PLC GB AUTO LN 65,893 $410,339.08
CELLNEX TELECOM SA ES CLNX SM 6,503 $215,712.65
ASSA ABLOY AB-B SE ASSAB SS 12,639 $271,855.62
CLEANAWAY WASTE MANAGEMENT AU CWY AU 179,039 $319,017.56
INTERMEDIATE CAPITAL GROUP GB ICP LN 19,868 $274,321.10
ADYEN NV NL ADYEN NA 223 $309,579.72
BANK OF N.T. BUTTERFIELD&SON BM NTB 4,530 $135,039.30
BUNGE LIMITED US BG 312 $31,128.24
EATON CORP PLC US ETN 626 $98,250.70
JOHNSON CONTROLS INTERNATIONAL US JCI 1,140 $72,960.00
LINDE PLC GB LIN 6,081 $1,983,500.58
MEDTRONIC INC IE MDT 86,338 $6,710,189.36
RENAISSANCERE HOLDINGS LTD BM RNR 870 $160,280.10
ROYALTY PHARMA PLC- CL A US RPRX 831 $32,841.12
STONECO LTD-A BR STNE 7,663 $72,338.72
TRANE TECHNOLOGIES IE TT 283 $47,569.47
ALCON INC CH ALC 37,539 $2,573,298.45
CHUBB LTD CH CB 534 $117,800.40
GARMIN LTD CH GRMN 398 $36,731.42
TE CONNECTIVITY LIMITED CH TEL 394 $45,231.20
LYONDELLBASELL INDU-CL A US LYB 401 $33,295.03
PLAYA HOTELS AND RESORTS US PLYA 7,055 $46,069.15
BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 123,352 $116,893.84

Investments will change over time.

Distributions

  • Pro-Blend® Maximum Term Series Class I Distribution History
  • 2023 Distribution Calendar
  • Fourth Quarter 2022 Distributions
  • Third Quarter 2022 Distributions
  • Second Quarter 2022 Distributions
  • First Quarter 2023 Distributions
  • Tax Letter
  • Pro-Blend Maximum 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

$22.43

Daily $ Change

$0.35

Daily % Change

1.56%

as of 02/02/2023

Ticker

MNHIX

CUSIP

56382P666

Inception Date

03/28/2008

Investment Minimum

$1,000,000.00

Investment minimum may be waived for certain qualified retirement plans 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.

Investment Strategy

The portfolio is invested in an aggressive, growth-oriented mix of securities that seeks to earn the long-term growth typically associated with the stock market. Holdings are diversified primarily among various stock investments in both domestic and foreign markets; only a minor portion of the fund is invested in fixed income securities.

The fund manager will adjust the investment mix over time to manage risk by continually evaluating individual securities and market conditions to determine the relative attractiveness of each investment. In general, stock exposure will increase when valuations are low and decrease during speculative markets.

May be Appropriate for Investors

  • Who seek long-term capital growth and generally have the time to withstand market volatility
  • Who have a very high capital risk tolerance

About 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

-20.22%

3 Year

5.04%

5 Year

6.86%

10 Year

8.72%

Inception
(11/01/1995)

8.78%

Inception performance is based on the Pro-Blend® Maximum Term Series Class S inception of 11/01/1995. For periods through 03/28/2008 (the inception date of the Class I shares), performance for the Class I shares is based on the historical performance of the Class S shares. Because the Class I shares invest in the same portfolio of securities as the Class S shares, performance will be different only to the extent that the Class S shares have a higher expense ratio. 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 0.89%
Net 0.85%*

*Reflects the Advisor’s contractual agreement to limit its fees and reimburse certain expenses. The contractual waiver may not be amended or terminated without the prior approval of the Fund’s Board of Directors.

Top Ten Investments

As of 12/31/2022

TREASURY NOTES 14.11%
AMAZON.COM INC 3.19%
MICROSOFT CORP 2.86%
COCA COLA CO/THE 2.22%
MASTERCARD INC-CLASS A 2.16%
MONDELEZ INTERNATIONAL INC 1.80%
MOODY'S CORPORATION 1.76%
VISA INC - CLASS A SHARES 1.71%
MEDTRONIC INC 1.63%
SALESFORCE INC 1.60%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 12/31/2022

Stocks
79.69%
Bonds
16.50%
Cash
3.81%

Detailed Asset Class Allocation

As of 12/31/2022

International Equities
22.16%
Small Capitalization
1.28%
Mid Capitalization
6.63%
Large Capitalization
49.62%
Long Term Fixed Income
0.37%
Intermediate Term Fixed Income
15.59%
Short Term Fixed Income
0.54%
Cash
3.81%

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 1,188 $130,430.52
ACTIVISION INC US ATVI 30,385 $2,325,971.75
ADIDAS AG-SPONSORED ADR DE ADDYY 54,336 $3,680,720.64
ADMIRAL GROUP PLC GB AMIGY 71,979 $1,829,706.18
AERCAP IRELAND CAP/GLOBA 3.00000 10/29/2028 IE 300,000 $252,165.70
ADYEN NV UNSPON ADR NL ADYEY 288,868 $3,986,378.40
AGREE REALTY CORP US ADC 2,108 $149,520.44
AIR LIQUIDE-ADR FR AIQUY 96,940 $2,741,705.55
AIR LEASE CORP 3.62500 04/01/2027 US 280,000 $255,918.82
ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 69,908.42 $70,251.68
ALIBABA GROUP HOLDING 4.00000 12/06/2037 KY 460,000 $387,217.01
ALIBAB GROUP HOLDINGS 2.12500 02/09/2031 KY 250,000 $199,303.86
ALLSTATE CORPORATION US ALL 470 $63,732.00
ALPHABET INC-CL A US GOOGL 73,872 $6,517,726.56
AMAZON.COM INC US AMZN 156,517 $13,147,428.00
AMAZON.COM INC 3.30000 04/13/2027 US 590,000 $560,879.42
DIAGEO PLC GB DGE LN 9,081 $397,492.39
BAE SYSTEMS PLC GB BA/ LN 39,893 $412,030.99
AMERICAN HOMES 4 RENT- A US AMH 4,855 $146,329.70
AMERICAN TOWER REIT INC US AMT 658 $139,403.88
AMERICOLD REALTY TRUST US COLD 2,483 $70,293.73
ANALOG DEVICES INC US ADI 654 $107,275.62
APPLIED MATERIALS INC US AMAT 26,555 $2,585,925.90
ARBOR REALTY TRUST INC 8.00000 04/30/2023 US 80,000 $79,988.83
ARCHER-DANIELS-MIDLAND CO US ADM 818 $75,951.30
ARGO BLOCKCHAIN PLC GB 2,921 $8,909.05
ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 230,000 $209,365.77
ATLASSIAN CORP PLC-CLASS A AU TEAM 2,143 $275,761.24
AUTOMATIC DATA PROCESSING US ADP 481 $114,891.66
AVALONBAY COMMUNITIES INC US AVB 612 $98,850.24
BAE SYSTEMS PLC -SPON ADR GB BAESY 64,740 $2,728,467.30
BNSF FUNDING TRUST I 6.61300 12/15/2055 US 240,000 $226,374.89
BANK OF AMERICA CORP 2.68700 04/22/2032 US 480,000 $385,431.50
BARRICK GOLD CORP CA GOLD 91,278 $1,568,156.04
BAXTER INTERNATIONAL INC US BAX 618 $31,499.46
BEST BUY INC US BBY 426 $34,169.46
BIOMARIN PHARMACEUTICAL INC US BMRN 25,981 $2,688,773.69
BLACKROCK INC US BLK 3,815 $2,703,423.45
BLACKSTONE SECURED LEND 2.75000 09/16/2026 US 195,000 $171,185.94
DECHRA PHARMACEUTICALS PLC GB DPH LN 7,965 $251,055.34
BOSTON SCIENTIFIC CORP US BSX 43,781 $2,025,746.87
BRANDYWINE REALTY TRUST US BDN 7,742 $47,613.30
BRENNTAG AG-UNSP ADR DE BNTGY 146,104 $1,859,903.92
BRISTOL MYERS SQUIBB CO US BMY 2,160 $155,412.00
BROADRIDGE FINANCIAL SOLUTIONS US BR 239 $32,057.07
JONAH ENERGY PARENT LLC US 2,449 $152,401.27
CBOE GLOBAL MARKETS INC US CBOE 29,854 $3,745,781.38
CDW CORP/DE US CDW 16,716 $2,985,143.28
C.H. ROBINSON WORLDWIDE INC US CHRW 323 $29,573.88
CIM 2019-INV1 A1 4.00000 02/25/2049 US 449.85 $430.14
CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 2,066.92 $1,805.68
CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 3,063.29 $2,732.71
CVS HEALTH CORP US CVS 32,136 $2,994,753.84
COTERRA ENERGY INC US CTRA 1,179 $28,968.03
CAMDEN PROPERTY TRUST US CPT 862 $96,440.56
CAMPBELL SOUP CO US CPB 686 $38,930.50
CANADIAN NATIONAL RAILWAY CO CA CNI 35,134 $4,176,729.92
CARETRUST REIT INC US CTRE 5,241 $97,377.78
CATERPILLAR INC US CAT 616 $147,568.96
CELLNEX TELECOM SAU-UNSP ADR ES CLLNY 235,773 $3,890,254.50
CENOVUS ENERGY INC 6.75000 11/15/2039 CA 251,000 $261,376.49
CHEVRON CORP US CVX 1,164 $208,926.36
CINCINNATI FINANCIAL CORP US CINF 327 $33,481.53
CISCO SYSTEMS INC US CSCO 3,804 $181,222.56
CITIGROUP INC US C 2,445 $110,587.35
CITIGROUP INC 1.46200 06/09/2027 US 450,000 $391,102.34
COCA COLA CO/THE US KO 143,663 $9,138,403.43
COGNEX CORP US CGNX 40,686 $1,916,717.46
COLGATE-PALMOLIVE CO US CL 1,157 $91,160.03
COMCAST CORP-CL A US CMCSA 4,125 $144,251.25
CBSLT 2019-AGS A1 MTGE 2.54000 01/25/2047 US 5,457.57 $4,973.58
COMMUNITY HEALTHCARE TRUST I US CHCT 4,606 $164,894.80
CONAGRA BRAND INC. US CAG 1,035 $40,054.50
CONOCOPHILLIPS US COP 1,077 $127,086.00
CONSTELLATION BRANDS INC-A US STZ 23,763 $5,507,075.25
COOPER COS INC/THE US COO 5,572 $1,842,493.24
COPART INC US CPRT 28,993 $1,765,383.77
COUSINS PROPERTIES INC US CUZ 5,936 $150,121.44
CUMMINS INC US CMI 269 $65,176.01
KIMBERLY CLARK DE MEXICO S.A.B. MX 249,300 $423,080.13
DEUTSCHE BOERSE AG ADR DE DBOEY 181,723 $3,118,366.68
DEVON ENERGY CORPORATION US DVN 775 $47,670.25
DIAMONDBACK ENERGY INC US FANG 242 $33,100.76
DIGITAL REALTY TRUST INC US DLR 1,868 $187,304.36
DOLLAR GENERAL CORP US DG 15,925 $3,921,531.25
DOLLAR TREE STORES INC US DLTR 28,050 $3,967,392.00
DOMINO'S PIZZA US DPZ 13,770 $4,769,928.00
DOUBLEVERIFY HOLDINGS INC US DV 123,583 $2,713,882.68
DOW INC US DOW 817 $41,168.63
DREYFUS GVT CSH MANAGEMENT US 16,313,864.77 $16,313,864.77
EOG RESOURCES INC US EOG 583 $75,510.16
EAST WEST BANCORP INC US EWBC 42,169 $2,778,937.10
EASTMAN CHEM CO US EMN 293 $23,861.92
EBAY INC US EBAY 775 $32,139.25
ELECTRONIC ARTS US EA 38,980 $4,762,576.40
EMERSON ELEC CO US EMR 860 $82,611.60
ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 610,000 $604,636.11
EQUINIX INC US EQIX 8,686 $5,689,590.58
EQUITY LIFESTYLE PROPERTIES US ELS 3,506 $226,487.60
ESSEX PROPERTY TRUST INC US ESS 402 $85,191.84
EVERGY INC US EVRG 46,610 $2,933,167.30
EXPEDIA GROUP INC 3.25000 02/15/2030 US 270,000 $229,827.81
FMC CORP US FMC 37,384 $4,665,523.20
FS ENERGY & POWER FUND 7.50000 08/15/2023 US 230,000 $230,625.44
META PLATFORMS INC US META 46,540 $5,600,623.60
FHLM POOL C91762 4.50000 05/01/2034 US 2,431.5 $2,403.30
FHLM POOL C91771 4.50000 06/01/2034 US 2,321.35 $2,294.44
FHLM POOL C91780 4.50000 07/01/2034 US 3,184.74 $3,152.96
FEDERAL NATL MTG ASSN AL8674 FLT 5.65100 01/01/2049 US 9,553.75 $9,864.59
FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 2,425.27 $2,404.18
FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 3,776.74 $3,729.60
FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 3,652.03 $3,828.55
FIFTH THIRD BANCORP US FITB 1,309 $42,948.29
FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 18,000 $16,813.25
GENERAL DYNAMICS CORP US GD 387 $96,018.57
GENERAL MLS INC US GIS 946 $79,322.10
GENUINE PARTS CO US GPC 301 $52,226.51
GETTY REALTY CORP US GTY 5,483 $185,599.55
GILEAD SCIENCES INC US GILD 1,635 $140,364.75
GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 3,320.6 $3,099.42
GREENIDGE GEN HLD INC US 5,500 $5,885.00
GRUPO AEROPORTUARIO CEN-ADR MX OMAB 14,359 $887,960.56
GRUPO AEROPORTUARIO PAC-ADR MX PAC 6,070 $872,926.70
GRUPO AEROPORTUARIO DEL SURESTE MX ASR 4,338 $1,010,710.62
AIRBUS SE FR AIR FP 1,842 $219,018.41
ADIDAS AG DE ADS GR 2,942 $398,718.77
HDFC BANK LTD-ADR IN HDB 57,757 $3,951,156.37
L'OREAL FR OR FP 236 $84,511.07
HEALTHCARE REALTY TRUST INC US HR 11,759 $226,595.93
HEINEKEN NV-SPN ADR NL HEINY 57,795 $2,717,520.90
HESKA CORP US HSKA 15,505 $963,790.80
HOME DEPOT INC US HD 827 $261,216.22
HONEYWELL INTERNATIONAL INC US HON 747 $160,082.10
HUMANA INC US HUM 3,303 $1,691,763.57
IIP OPERATING PARTNER 5.50000 05/25/2026 US 230,000 $201,792.40
IDEXX LABORATORIES INC US IDXX 10,390 $4,238,704.40
KERRY GROUP PLC-A IE KYGA ID 2,703 $244,162.91
ILLINOIS TOOL WKS INC US ITW 445 $98,033.50
INDEPENDENCE REALTY TRUST IN US IRT 5,801 $97,804.86
INTEL CORP US INTC 4,340 $114,706.20
INTERCONTINENTALEXCHANGE INC US ICE 38,705 $3,970,745.95
INTERNATIONAL FLVRS & FRAGRANCES US IFF 446 $46,758.64
INTUIT INC US INTU 8,947 $3,482,351.34
INTUITIVE SURGICAL INC US ISRG 10,839 $2,876,128.65
INVITATION HOMES INC US INVH 6,596 $195,505.44
JP MORGAN CHASE & CO US JPM 23,316 $3,126,675.60
JPMMT 2014-2 1A1 3.00000 06/25/2029 US 2,246.95 $2,099.18
JPMORGAN CHASE & CO 4.49300 03/24/2031 US 680,000 $637,900.74
JPMMT 2017-2 A3 3.50000 05/25/2047 US 5,737.38 $5,031.42
JOHNSON & JOHNSON US JNJ 36,835 $6,506,902.75
KEYCORP US KEY 1,440 $25,084.80
KROGER CO US KR 1,153 $51,400.74
L3HARRIS TECHNOLOGIES INC US LHX 17,646 $3,674,073.66
BEIERSDORF AG DE BEI GR 3,757 $429,319.35
LENNAR CORP US LEN 431 $39,005.50
LEXINGTON REALTY TRUST US LXP 8,734 $87,514.68
LIFE STORAGE INC US LSI 1,547 $152,379.50
LOCKHEED MARTIN CORP US LMT 301 $146,433.49
LULULEMON - ADR CA LULU 12,016 $3,849,686.08
MAGALLANES INC 4.05400 03/15/2029 US 650,000 $564,356.95
MARATHON PETROLEUM CORP US MPC 605 $70,415.95
MARRIOTT VACATIONS WORLD US VAC 411 $55,316.49
MASTERCARD INC-CLASS A US MA 25,579 $8,894,585.67
MCDONALDS CORP US MCD 527 $138,880.31
MERCADOLIBRE INC BR MELI 2,344 $1,983,586.56
MERCK & CO INC US MRK 2,310 $256,294.50
MICROSOFT CORP US MSFT 49,067 $11,767,247.94
MICROCHIP TECHNOLOGY INC US MCHP 715 $50,228.75
MICRON TECHNOLOGY INC US MU 30,512 $1,524,989.76
MID-AMERICA APARTMENT COMM US MAA 1,359 $213,349.41
MONDELEZ INTERNATIONAL INC US MDLZ 111,292 $7,417,611.80
MOODY'S CORPORATION US MCO 26,080 $7,266,409.60
MOTOROLA SOLUTIONS INC US MSI 276 $71,127.96
NAVIENT CORP 6.75000 06/25/2025 US 235,000 $225,894.97
NSLT 2012-3A A MTGE FLT 5.08871 02/25/2045 US 10,455.14 $10,180.94
NESTLE S.A. - ADR CH NSRGY 45,989 $5,304,371.26
NETAPP INC US NTAP 496 $29,789.76
NRZT 2014-3A AFX3 3.75000 11/25/2054 US 2,406.62 $2,217.52
NRZT 2015-2A A1 3.75000 08/25/2055 US 3,300.31 $3,069.62
NRZT 2016-4A A1 3.75000 11/25/2056 US 3,674.44 $3,358.78
KEYENCE CORP JP 6861 JP 700 $271,771.35
NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 US 125,000 $119,853.68
NEWCASTLE COAL INFRASTRU 4.40000 09/29/2027 AU 290,000 $248,163.11
NEWMONT GOLDCORP CORP US NEM 31,201 $1,472,687.20
NIKE INC CLASS B US NKE 25,473 $2,980,595.73
NORFOLK SOUTHN CORP US NSC 11,352 $2,797,359.84
NIKON CORP JP 7731 JP 16,800 $148,557.84
NORTHROP GRUMMAN CORP US NOC 5,140 $2,804,435.40
NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 220,000 $22.00
NOVARTIS AG- REG CH NVS 38,452 $3,488,365.44
NUCOR CORP US NUE 424 $55,887.44
OMNICOM GROUP US OMC 473 $38,582.61
SONY CORP FIRST SECTION JP 6758 JP 3,000 $228,664.86
TOKYO ELECTRON LTD JP 8035 JP 400 $117,531.49
OWL ROCK TECHNOLOGY 3.75000 06/17/2026 US 223,000 $194,162.90
OXFIN 2020-1A A2 3.10100 02/15/2028 US 7,185.6 $7,106.18
OXFIN 2019-1A A2 4.45900 02/15/2027 US 8,639.64 $8,571.29
PMTLT 2013-J1 a9 3.50000 09/25/2043 US 3,388.49 $3,056.76
PPG INDUSTRIES INC US PPG 291 $36,590.34
PACKAGING CORP OF AMERICA US PKG 210 $26,861.10
PARKER HANNIFIN CORP US PH 166 $48,306.00
DEUTSCHE BOERSE AG DE DB1 GR 1,851 $318,724.04
PAYPAL HOLDINGS INC US PYPL 52,995 $3,774,303.90
PELORUS FUND REIT 7.00000 09/30/2026 US 245,000 $225,642.51
NESTLE SA-REGISTERED CH NESN SW 4,838 $558,834.64
PEPSICO INC 3.90000 07/18/2032 US 480,000 $455,398.52
PFIZER INC US PFE 3,481 $178,366.44
PIONEER NATURAL RESOURCES CO US PXD 252 $57,554.28
POPULAR INC 6.12500 09/14/2023 PR 225,000 $223,682.68
PROCTER & GAMBLE CO US PG 1,833 $277,809.48
PROLOGIS US PLD 7,593 $855,958.89
PUBLIC STORAGE INC US PSA 1,137 $318,576.03
QUALCOMM INC US QCOM 1,231 $135,336.14
QUALCOMM INC 4.25000 05/20/2032 US 445,000 $430,068.59
QUEST DIAGNOSTICS INC US DGX 272 $42,551.68
RADIUS GLOBAL INFRASTRUCTURE US RADI 25,241 $298,348.62
REALTY INCOME CORP US O 837 $53,090.91
REGIONS FINANCIAL CORP. US RF 2,014 $43,421.84
REPUBLIC SERVICES INC US RSG 505 $65,139.95
RESTAURANT BRANDS INTERN CA QSR 2,490 $161,028.30
REXFORD INDUSTRIAL REALITY IN US REXR 4,061 $221,893.04
GETINGE AB-B SHS SE GETIB SS 18,808 $391,029.62
ROSS STORES INC US ROST 417 $48,401.19
HEINEKEN NV NL HEIA NA 4,596 $432,907.68
RYANAIR HOLDINGS - ADR IE RYAAY 55,953 $4,183,046.28
SBA TOWER TRUST 6.59900 01/15/2028 US 405,000 $406,285.15
S&P GLOBAL INC US SPGI 16,265 $5,447,799.10
SBA COMMUNICATIONS CORP US SBAC 21,776 $6,104,030.56
SALESFORCE INC US CRM 49,638 $6,581,502.42
SEAGEN INC US SGEN 14,751 $1,895,651.01
SEMT 2013-6 A2 3.00000 05/25/2043 US 3,702.35 $3,258.04
SEMT 2013-8 A1 3.00000 06/25/2043 US 1,554.99 $1,375.08
SEMT 2013-2 1.87400 02/25/2043 US 1,266.3 $1,069.87
SERVICENOW INC US NOW 16,617 $6,451,882.59
SIMON PROPERTY GROUP LP 2.65000 02/01/2032 US 880,000 $710,026.13
SKYWORKS SOLUTIONS INC US SWKS 253 $23,055.89
JM SMUCKER CO/THE-NEW COM WI US SJM 241 $38,188.86
SNOWFLAKE INC-CLASS A US SNOW 31,624 $4,539,308.96
SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 4,465.92 $4,316.57
SOFI 2020-A A2FX MTGE 2.54000 05/15/2046 US 9,663.99 $8,939.66
SONY CORP SPONSORED ADR JP SONY 46,271 $3,529,551.88
SOUTHWEST AIRLINES CO 5.12500 06/15/2027 US 454,000 $449,540.29
STAG INDUSTRIAL INC US STAG 1,655 $53,473.05
STANLEY BLACK & DECKER INC US SWK 236 $17,728.32
SRPT 2014-STAR A FLTG RATE 5.78800 11/15/2027 US 15,954.15 $11,071.59
STEEL DYNAMICS INC US STLD 422 $41,229.40
SUN COMMUNITIES US SUI 1,964 $280,852.00
SCML 2019-SBC8 2.86000 04/25/2041 US 8,831.29 $8,078.73
SYNCHRONOSS TECH US 10,579 $189,893.05
SYNERGY ONE LENDING 5.50000 10/14/2026 US 285,000 $245,598.96
TJX COMPANIES INC US TJX 1,126 $89,629.60
TAIWAN SEMICONDUCTOR - SP ADR TW TSM 52,872 $3,938,435.28
TARGET CORP US TGT 416 $62,000.64
TENCENT HOLDINGS 3.97500 04/11/2029 KY 990,000 $915,609.36
TERRENO REALTY CORP US TRNO 2,597 $147,691.39
TEXAS INSTRUMENTS INC US TXN 740 $122,262.80
THERMO FISHER SCIENTIFIC INC US TMO 7,605 $4,187,997.45
3M CO US MMM 728 $87,301.76
TPMT 2016-5 A1 2.50000 10/25/2056 US 1,710.84 $1,682.12
TPMT 2017-1 A1 2.75000 10/25/2056 US 1,642.9 $1,615.27
TPMT 2019-HY1 A1 5.38871 10/25/2048 US 4,019.89 $3,987.53
TRACTOR SUPPLY COMPANY US TSCO 163 $36,670.11
TRAVELLERS COS INC US TRV 385 $72,183.65
TAH 2017-SFR2 A 2.92800 01/17/2036 US 11,669.91 $11,311.05
TYSON FOODS INC -CL A US TSN 616 $38,346.00
UDR INC US UDR 3,896 $150,892.08
U.S. BANCORP US USB 1,979 $86,304.19
UBISOFT ENTERTAIN-UNSPON ADR FR UBSFY 274,650 $1,543,533.00
UNILEVER PLC - ADR GB UL 105,099 $5,291,734.65
UNION PAC CORP US UNP 690 $142,878.30
UNITED AIR 2019-2 B PTT 3.50000 05/01/2028 US 281,068.26 $239,647.58
UNITED AIR 2018-1 B PTT 4.60000 03/01/2026 US 37,965.87 $34,377.04
UNITED PARCEL SERVICE US UPS 667 $115,951.28
US TREASURY N/B 3.12500 11/15/2028 US 21,515,000 $20,555,229.40
US TEASURY NOTE 1.75000 11/15/2029 US 22,600,000 $19,757,343.75
US TREASURY N/B 0.87500 11/15/2030 US 19,605,000 $15,717,696.09
US TREASURY N/B 1.37500 11/15/2031 US 2,520,000 $2,058,918.75
UNITEDHEALTH GROUP INC US UNH 3,597 $1,907,057.46
VF CORP US VFC 575 $15,875.75
VENTAS INC US VTR 2,364 $106,498.20
VERTEX PHARMACEUTICALS INC US VRTX 10,216 $2,950,176.48
PARAMOUNT GLOBAL CLASS B US PARA 906 $15,293.28
VISA INC - CLASS A SHARES US V 33,827 $7,027,897.52
VISTRA OPERATIONS CO LLC 3.55000 07/15/2024 US 120,000 $115,211.28
VISTRA OPERATIONS 4.87500 05/13/2024 US 440,000 $430,705.86
WAL MART STORES US WMT 2,028 $287,550.12
WALGREENS BOOTS ALLIANCE INC US WBA 1,052 $39,302.72
WASTE MANAGEMENT INC US WM 565 $88,637.20
WELLTOWER INC. US WELL 2,322 $152,207.10
ZOETIS INC US ZTS 8,201 $1,201,856.55
ADMIRAL GROUP PLC GB ADM LN 18,784 $482,202.14
GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 6,600 $50,743.44
UBISOFT ENTERTAINMENT FR UBI FP 7,947 $224,509.49
DANONE FR BN FP 3,207 $169,027.28
AIR LIQUIDE FR AI FP 3,112 $441,703.08
BRENNTAG AG DE BNR GR 2,473 $157,715.27
KEYWORDS STUDIOS PLC IE KWS LN 2,374 $77,906.15
HELIOS TOWERS PLC GB HTWS LN 60,460 $77,551.80
AVANZA BANK HOLDING AB SE AZA SS 11,591 $248,737.70
AMERICAN TANKER INC 7.75000 07/02/2025 US 275,000 $263,422.29
SOFTWAREONE HOLDING AG CH SWON SW 16,665 $236,532.84
TENCENT HOLDINGS LTD CN 700 HK 6,500 $275,602.37
FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 6,841 $111,097.84
SEASPAN CORP 6.50000 02/05/2024 MH 200,000 $198,586.80
PETROTAL CORP 12.00000 02/16/2024 CA 216,000 $217,628.28
IMCD NV NL IMCD NA 595 $85,109.74
FINECOBANK SPA IT FBK IM 25,773 $427,989.56
ALLFUNDS GROUP PLC GB ALLFG NA 22,829 $160,093.88
ROTORK PLC GB ROR LN 49,497 $183,941.40
AUTO TRADER GROUP PLC GB AUTO LN 65,893 $410,339.08
CELLNEX TELECOM SA ES CLNX SM 6,503 $215,712.65
ASSA ABLOY AB-B SE ASSAB SS 12,639 $271,855.62
CLEANAWAY WASTE MANAGEMENT AU CWY AU 179,039 $319,017.56
INTERMEDIATE CAPITAL GROUP GB ICP LN 19,868 $274,321.10
ADYEN NV NL ADYEN NA 223 $309,579.72
BANK OF N.T. BUTTERFIELD&SON BM NTB 4,530 $135,039.30
BUNGE LIMITED US BG 312 $31,128.24
EATON CORP PLC US ETN 626 $98,250.70
JOHNSON CONTROLS INTERNATIONAL US JCI 1,140 $72,960.00
LINDE PLC GB LIN 6,081 $1,983,500.58
MEDTRONIC INC IE MDT 86,338 $6,710,189.36
RENAISSANCERE HOLDINGS LTD BM RNR 870 $160,280.10
ROYALTY PHARMA PLC- CL A US RPRX 831 $32,841.12
STONECO LTD-A BR STNE 7,663 $72,338.72
TRANE TECHNOLOGIES IE TT 283 $47,569.47
ALCON INC CH ALC 37,539 $2,573,298.45
CHUBB LTD CH CB 534 $117,800.40
GARMIN LTD CH GRMN 398 $36,731.42
TE CONNECTIVITY LIMITED CH TEL 394 $45,231.20
LYONDELLBASELL INDU-CL A US LYB 401 $33,295.03
PLAYA HOTELS AND RESORTS US PLYA 7,055 $46,069.15
BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 123,352 $116,893.84

Investments will change over time.

Distributions

  • Pro-Blend® Maximum Term Series Class I Distribution History
  • 2023 Distribution Calendar
  • Fourth Quarter 2022 Distributions
  • Third Quarter 2022 Distributions
  • Second Quarter 2022 Distributions
  • First Quarter 2023 Distributions
  • Tax Letter
  • Pro-Blend Maximum 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...