Investment Objective

To provide long-term capital growth.

Investment Strategy

The portfolio is invested in an aggressive, growth-oriented mix of stocks, bonds, and cash 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 his or her current risk tolerance and investment time horizon, then decide when to move to a different objective as his or her 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
15-45% 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

$8.66

Daily $ Change

$0.08

Daily % Change

0.92%

as of 02/15/2019

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

Performance

As of 01/31/2019

YTD

7.51%

1 Year

-4.05%

3 Year

11.17%

5 Year

6.33%

10 Year

11.84%

Inception
(11/01/1995)

8.82%

US Stock Market Cycle (04/01/2000 - 01/31/2019)

7.02%

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 0.85%

Top Ten Investments

As of 01/31/2019

TREASURY NOTES 6.10%
MONDELEZ INTERNATIONAL INC 2.06%
COCA COLA CO/THE 2.03%
JOHNSON & JOHNSON 1.99%
MEDTRONIC INC 1.95%
MASTERCARD INC-CLASS A 1.89%
BOOKING HOLDINGS INC 1.85%
VISA INC - CLASS A SHARES 1.67%
AUTOZONE INC 1.63%
AMERICAN TOWER REIT INC 1.62%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 01/31/2019

Stocks 86.15%
Bonds 13.01%
Cash 0.84%

Detailed Asset Class Allocation

As of 01/31/2019

International Equities 26.26%
Small Capitalization 3.03%
Mid Capitalization 6.59%
Large Capitalization 50.27%
Long Term Fixed Income 2.15%
Intermediate Term Fixed Income 8.81%
Short Term Fixed Income 2.05%
Cash 0.84%

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

January Fund Holdings

As of 01/31/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAH9 ADT SEC CORP 4.12500 06/15/2023 US 60,000 $57,750.00
00101JAM8 ADT CORP 5.25000 03/15/2020 US 50,000 $50,750.00
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 400,000 $404,834.80
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 215,000 $215,537.50
004239109 ACADIA REALTY TRUST US AKR 835 $23,989.55
0045614 ANTOFAGASTA PLC GB ANTO LN 83,140 $950,448.65
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 450,000 $440,320.73
00790X101 ADVANCED DISPOSAL SERVICES US ADSW 134,280 $3,383,856.00
0081180 BARRATT DEVELOPMENTS PLC GB BDEV LN 9,890 $69,953.09
008492100 AGREE REALTY CORP US ADC 510 $33,675.30
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 50,000 $51,075.22
0136701 BRITISH LAND CO PLC GB BLND LN 4,650 $35,028.81
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 185 $24,366.35
01609W102 ALIBABA GROUP - ADR CN BABA 880 $148,271.20
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 62,000 $62,542.50
02079K107 ALPHABET INC-CL C US GOOG 3,265 $3,644,948.05
02079K305 ALPHABET INC-CL A US GOOGL 3,225 $3,630,995.25
02209S103 ALTRIA GROUP INC US MO 47,315 $2,334,995.25
023135106 AMAZON.COM INC US AMZN 2,615 $4,494,478.95
02319V103 AMBEV SA-ADR BR ABEV 730,797 $3,515,133.57
0237400 DIAGEO PLC GB DGE LN 77,380 $2,953,311.23
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 50,000 $50,355.00
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 790 $36,355.80
0263494 BAE SYSTEMS PLC GB BA/ LN 17,985 $120,991.57
02665T306 AMERICAN HOMES 4 RENT- A US AMH 4,415 $97,615.65
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 190,000 $183,012.33
02753GAA7 AMERICAN MIDSTREAM PTR/F 9.50000 12/15/2021 US 85,000 $79,050.00
03027X100 AMERICAN TOWER REIT INC US AMT 36,100 $6,239,524.00
03064D108 AMERICOLD REALTY TRUST US COLD 705 $20,670.60
03748R101 APARTMENT INVT & MGMT CO -A US AIV 1,385 $68,585.20
03784Y200 APPLE HOSPITALITY REIT INC US APLE 1,365 $22,399.65
03969AAL4 ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 IE 200,000 $194,500.00
0405207 HALMA PLC GB HLMA LN 4,010 $73,751.46
0490656 KERRY GROUP PLC-A IE KYGA LN 1,365 $140,379.38
053332102 AUTOZONE INC US AZO 7,380 $6,253,369.20
053484101 AVALONBAY COMMUNITIES INC US AVB 970 $187,132.40
058498106 BALL CORP US BLL 64,655 $3,380,163.40
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 640,000 $645,029.97
0682538 PERSIMMON PLC GB PSN LN 2,230 $69,565.97
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 28,990 $5,958,604.60
0870612 LLOYDS BANKING GROUP PLC GB LLOY LN 93,865 $71,559.15
0878230 TAYLOR WIMPEY PLC GB TW/ LN 31,980 $69,340.43
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 51,698 $5,075,192.66
0922320 SMITH & NEPHEW PLC GB SN/ LN 5,480 $103,235.87
09247X101 BLACKROCK INC US BLK 11,825 $4,908,321.00
0946580 WEIR GROUP PLC/THE GB WEIR LN 9,960 $197,104.16
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 580,000 $595,668.93
09857L108 BOOKING HOLDINGS INC US BKNG 3,875 $7,102,138.75
101121101 BOSTON PROPERTIES INC US BXP 1,140 $150,331.80
105368203 BRANDYWINE REALTY TRUST US BDN 6,140 $92,407.00
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 1,860 $65,620.80
11680JAA0 BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 US 50,000 $47,594.00
12503M108 CBOE GLOBAL MARKETS INC US CBOE 25,845 $2,410,563.15
125269100 CF INDUSTRIES HOLDINGS INC US CF 60,000 $2,619,000.00
12572Q105 CME GROUP INC US CME 14,185 $2,585,641.80
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 470,000 $470,840.76
133131102 CAMDEN PROPERTY TRUST US CPT 225 $21,813.75
13321L108 CAMECO CORP CA CCJ 5,090 $61,690.80
134429109 CAMPBELL SOUP CO US CPB 94,221 $3,338,250.03
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 124,000 $114,080.00
165240102 CHESAPEAKE LODGING TRUST US CHSP 1,190 $33,891.20
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 210,000 $306,233.24
191216100 COCA COLA CO/THE US KO 161,897 $7,792,102.61
192422103 COGNEX CORP US CGNX 42,095 $1,915,322.50
194162103 COLGATE-PALMOLIVE CO US CL 45,805 $2,962,667.40
2011646 ALIMENTATION COUCHE-TARD -B CA ATD/B CN 1,330 $72,251.91
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 2,245 $74,129.90
2162760 CAE INC CA CAE CN 2,615 $55,565.89
2180632 CANADIAN NATL RAILWAY CO CA CNR CN 615 $51,322.16
21871N101 CORECIVIC INC US CXW 3,070 $61,000.90
222795106 COUSINS PROPERTIES INC US CUZ 10,830 $95,845.50
22282EAH5 COVANTA HOLDING CORP 6.00000 01/01/2027 US 75,000 $71,812.50
22822V101 CROWN CASTLE INTL CORP US CCI 525 $61,456.50
228368106 CROWN HOLDINGS INC US CCK 27,410 $1,397,910.00
229663109 CUBESMART US CUBE 675 $20,891.25
2306814 EL PUERTO DE LIVERPOOL -C1 MX 3,465 $22,701.05
2328595 BANCO DO BRASIL S.A. BR BBAS3 BZ 2,600 $36,969.73
23311RAD8 DCP MIDSTREAM OPERATING 5.35000 03/15/2020 US 50,000 $50,750.00
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 2,780 $32,180.68
23918K108 DAVITA INC. US DVA 40,940 $2,297,962.20
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 94,000 $90,475.00
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 22,900 $61,326.94
2458771 ITAUSA INVESTIMENTOS ITAU -PR BR ITSA4 BZ 10,700 $39,605.72
2516710 LOJAS AMERICANAS SA - PREF BR LAME4 BZ 4,100 $23,685.84
25271C102 DIAMOND OFFSHORE DRILLING US DO 84,040 $918,557.20
253868103 DIGITAL REALTY TRUST INC US DLR 1,010 $109,423.40
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 430,000 $406,453.20
256677105 DOLLAR GENERAL CORP US DG 23,365 $2,697,021.95
256746108 DOLLAR TREE STORES INC US DLTR 34,315 $3,322,721.45
2583952 METRO INC CA MRU CN 1,955 $71,076.03
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 200,000 $199,000.00
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 102,000 $99,195.00
269246401 ETRADE FINANCIAL CORP US ETFC 43,195 $2,015,478.70
2715777 QUEBECOR INC -CL B CA QBR/B CN 132,265 $3,113,479.55
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 147,415 $2,993,289.09
285512109 ELECTRONIC ARTS US EA 38,415 $3,543,399.60
2866857 LUNDIN MINING CORP CA LUN CN 191,250 $873,320.90
29278D105 ENEL CHILE SA-ADR CL ENIC 9,535 $51,775.05
29444U700 EQUINIX INC US EQIX 7,190 $2,832,860.00
2945422 WEG SA BR WEGE3 BZ 4,500 $23,245.23
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 510 $53,998.80
29476L107 EQUITY RESIDENTIAL US EQR 2,130 $154,552.80
297178105 ESSEX PROPERTY TRUST INC US ESS 355 $96,276.00
30225T102 EXTRA SPACE STORAGE INC US EXR 530 $52,263.30
30264DAA7 FS ENERGY & POWER FUND 7.50000 08/15/2023 US 95,000 $94,406.25
3134865 BARCLAYS PLC GB BARC LN 33,215 $69,231.64
313747206 FEDERAL RLTY INVT TR SH BEN INT US FRT 190 $25,188.30
31410HAQ4 MACYS RETAIL HLDGS INC 6.90000 04/01/2029 US 180,000 $188,968.78
31428X106 FEDEX CORPORATION US FDX 18,645 $3,310,792.65
315786AC7 FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 US 45,000 $43,312.50
32054K103 FIRST INDUSTRIAL REALTY TR US FR 1,210 $39,591.20
335934AK1 FIRST QUANTUM MINERALS L 7.25000 04/01/2023 CA 20,000 $19,150.20
34960PAB7 FORTRESS TRANS & INFRAST 6.50000 10/01/2025 US 80,000 $76,800.00
35671D857 FREEPORT-MCMORAN INC US FCX 152,045 $1,769,803.80
35802XAD5 FRESENIUS MED CARE II 5.62500 07/31/2019 US 450,000 $454,403.21
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 330,000 $288,750.00
37045VAR1 GENERAL MOTORS CO FLT 3.66713 09/10/2021 US 390,000 $381,810.00
37185LAF9 GENESIS ENERGY LP/GENESI 5.62500 06/15/2024 US 65,000 $59,800.00
374297109 GETTY REALTY CORP US GTY 1,425 $45,685.50
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 120,000 $116,550.00
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 90,000 $89,325.00
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 570 $51,379.80
4012250 AIRBUS SE FR AIR FP 755 $87,021.14
40414L109 HCP INC US HCP 2,385 $75,222.90
4057808 L'OREAL FR OR FP 285 $68,692.00
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 345 $110,675.84
406216101 HALLIBURTON CO US HAL 79,880 $2,505,036.80
4076836 INTESA SANPAOLO IT ISP IM 24,195 $55,361.07
4162791 THALES SA FR HO FP 120 $13,270.70
4163437 CAP GEMINI FR CAP FP 190 $20,982.66
421946104 HEALTHCARE REALTY TRUST INC US HR 2,080 $67,163.20
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 3,310 $94,070.20
44107P104 HOST MARRIOTT CORP US HST 2,995 $54,089.70
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 136,000 $130,220.00
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 70,000 $68,915.00
45337C102 INCYTE CORP US INCY 47,700 $3,844,143.00
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 4,140 $43,263.00
4574813 MEDIOBANCA SPA IT MB IM 6,360 $55,425.70
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 153,000 $148,027.50
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 33,790 $2,593,720.40
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 530,000 $534,519.16
46120E602 INTUITIVE SURGICAL INC US ISRG 6,610 $3,461,260.40
46187W107 INVITATION HOMES INC US INVH 3,226 $72,552.74
464286624 ISHARES MSCI THAILAND ETF TH 3,376 $306,878.40
464289180 ISHARES MSCI EUROPE FINANCIA XX 12,235 $220,474.70
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 680,000 $685,203.85
46647PAY2 JPMORGAN CHASE & CO 4.02300 12/05/2024 US 300,000 $307,390.74
4682329 PERNOD-RICARD SA FR RI FP 270 $44,796.48
4712798 RENAULT SA FR RNO FP 285 $20,167.98
4741844 MERCK KGAA DE MRK GR 18,070 $1,897,329.30
476405105 JERNIGAN CAPITAL INC US JCAP 2,335 $50,622.80
478160104 JOHNSON & JOHNSON US JNJ 57,385 $7,636,795.80
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 120,000 $88,800.00
4821100 SOLVAY SA BE SOLB BB 1,470 $160,038.28
4834108 SCHNEIDER ELECTRIC SE FR SU FP 755 $53,696.72
4834777 VIVENDI FR VIV FP 1,215 $30,981.18
49446R109 KIMCO REALTY CORP US KIM 2,090 $35,550.90
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 520,000 $613,957.88
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 90,000 $86,625.00
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 50,000 $49,165.00
502160AM6 LSB INDUSTRIES 9.62500 05/01/2023 US 100,000 $101,750.00
5107401 BEIERSDORF AG DE BEI GR 32,740 $3,277,325.90
5176177 ORANGE FR ORA FP 2,280 $35,363.63
5253973 HERMES INTERNATIONAL FR RMS FP 40 $23,971.54
5263574 FLSMIDTH & CO A/S DK FLS DC 310 $14,529.84
529043101 LEXINGTON REALTY TRUST US LXP 4,230 $40,650.30
531172104 LIBERTY PROPERTY TRUST US LPT 1,870 $88,151.80
5330047 DASSAULT SYSTEMES SA FR DSY FP 180 $22,559.65
53815P108 LIVERAMP HOLDINGS INC US RAMP 120,035 $5,214,320.40
54238XAC2 LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 US 50,000 $48,000.00
5474008 BANKINTER S.A. ES BKT SM 13,275 $103,654.32
550021109 LULULEMON - ADR CA LULU 30,476 $4,504,657.56
5505072 KERING FR KER FP 90 $45,136.95
55616XAC1 MACYS RETAIL HLDGS INC 7.00000 02/15/2028 US 180,000 $187,001.97
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 97,000 $92,150.00
5596991 UCB SA BE UCB BB 825 $71,488.65
5669354 REPSOL SA ES REP SM 8,931.57 $156,775.94
5671519 WOLTERS KLUWER NL WKL NA 830 $51,618.36
5671735 SANOFI-AVENTIS FR SAN FP 1,355 $117,773.46
5701513 ELISA OYJ FI ELISA FH 1,185 $49,577.38
5713422 METSO OYJ FI METSO FH 525 $15,444.58
5727973 SIEMENS AG-REG DE SIE GR 970 $106,503.64
5735631 TAG IMMOBILIEN AG DE TEG GR 3,020 $76,326.67
57636Q104 MASTERCARD INC-CLASS A US MA 34,400 $7,262,872.00
58502BAC0 MEDNAX INC 6.25000 01/15/2027 US 55,000 $55,412.50
58933Y105 MERCK & CO INC US MRK 22,145 $1,648,252.35
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 60,000 $53,830.80
594918104 MICROSOFT CORP US MSFT 49,430 $5,161,974.90
59522J103 MID-AMERICA APARTMENT COMM US MAA 615 $62,287.20
5962280 CHOCOLADEFABRIKEN LINDT-PC CH LISP SW 6 $38,150.97
5966516 SOCIETE GENERALE FR GLE FP 990 $30,867.64
5980613 GIVAUDAN - REG CH GIVN SW 20 $48,521.15
6055112 AYALA LAND INC PH ALI PM 66,800 $57,074.48
6074968 BANK OF THE PHILIPPINE ISLAN PH BPI PM 16,210 $28,373.77
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 171,660 $7,940,991.60
615369105 MOODY'S CORPORATION US MCO 21,050 $3,336,635.50
61744YAG3 MORGAN STANLEY FLT 3.81125 05/08/2024 US 610,000 $611,457.90
6175076 KT&G CORP KR 033780 KS 550 $48,973.01
6196408 CHUGAI PHARMACEUTICAL CO LTD JP 4519 JP 800 $47,237.18
6211732 DAEWOO SHIPBUILDING& MARINE KR 042660 KS 1,285 $42,988.72
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 145,000 $146,450.00
6264189 NCSOFT CORP KR 036570 KS 170 $71,584.15
6272483 DMCI HOLDINGS INC PH DMC PM 92,100 $22,273.50
6284864 GLOBE TELECOM INC PH GLO PM 700 $27,225.95
62913TAM4 NGL ENRGY PART LP/FIN CO 6.12500 03/01/2025 US 90,000 $81,337.50
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 184,000 $153,859.87
6308913 ELBIT SYSTEMS LTD IL ESLT IT 410 $50,787.41
6356934 FANUC LTD JP 6954 JP 491 $83,510.07
637417106 NATIONAL RETAIL PROPERTIES US NNN 860 $45,330.60
637870106 NATIONAL STORAGE AFFILIATES US NSA 735 $21,388.50
63938CAE8 NAVIENT CORP 7.25000 09/25/2023 US 50,000 $50,875.00
64110W102 NETEASE.COM INC- ADR CN NTES 140 $35,270.20
6441506 HOYA CORP JP 7741 JP 1,200 $69,644.83
6446620 HYUNDAI HEAVY INDUSTRIES KR 009540 KS 1,170 $146,417.72
6451066 HYUNDAI MIPO DOCKYARD KR 010620 KS 2,610 $147,898.49
6467104 ISUZU MOTORS LTD JP 7202 JP 3,300 $49,088.66
6472119 JARDINE MATHESON HLDGS LTD HK JM SP 755 $50,505.46
6474494 JOLLIBEE FOODS CORP PH JFC PM 5,665 $34,404.21
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 1,720 $132,508.80
6482903 KANAMOTO CO LTD JP 9678 JP 2,300 $63,904.76
6490809 KIKKOMAN CORP JP 2801 JP 1,900 $101,079.72
6490995 KEYENCE CORP JP 6861 JP 4,392 $2,260,191.50
6514442 METROPOLITAN BANK & TRUST PH MBT PM 22,290 $35,979.89
6518808 LION CORP JP 4912 JP 3,600 $75,027.58
6531827 GEELY AUTOMOBILE HOLDINGS LT CN 175 HK 43,000 $73,160.15
654106103 NIKE INC CLASS B US NKE 64,110 $5,249,326.80
6641588 NISSAN CHEMICAL INDUSTRIES JP 4021 JP 1,800 $95,704.22
6642387 YAMAHA CORP JP 7951 JP 2,500 $109,408.93
6648891 ORIENTAL LAND CO LTD FIRST SECT JP 4661 JP 400 $41,013.57
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 135,000 $134,487.00
6683449 KANGWON LAND INC KR 035250 KS 1,755 $53,694.93
66987V109 NOVARTIS AG- REG CH NVS 63,395 $5,548,330.40
67020YAQ3 NUANCE COMMUNICATIONS 5.62500 12/15/2026 US 50,000 $49,000.00
67103H107 O'REILLY AUTOMOTIVE INC US ORLY 7,215 $2,486,721.90
6742340 SHANDONG WEIGAO CN 1066 HK 76,000 $63,677.61
6743882 JAPAN EXCHANGE GROUP INC JP 8697 JP 4,100 $72,195.59
6772217 SAMSUNG HEAVY INDUSTRIES KR 010140 KS 5,420 $44,521.02
6791591 SECOM CO LTD JP 9735 JP 500 $41,861.00
680665205 OLIN CORP US OLN 73,215 $1,728,606.15
6818843 SM PRIME HOLDINGS INC PH SMPH PM 92,810 $68,049.62
6865504 SUZUKI MOTOR CORP JP 7269 JP 2,100 $109,663.16
6885074 TERUMO CORP JP 4543 JP 800 $45,673.69
6895200 TOHO CO LTD JP 9602 JP 1,300 $47,422.91
6913168 GUANGDONG INVESTMENT LTD HK 270 HK 52,000 $99,303.35
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 90,000 $91,125.00
6919519 UNIVERSAL ROBINA CORP PH URC PM 18,950 $53,894.50
6979728 WOODSIDE PETROLEUM LTD AU WPL AU 4,525 $113,185.34
6985112 YAKULT HONSHA CO LTD JP 2267 JP 700 $46,716.37
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 91,000 $89,293.75
7021963 DEUTSCHE BOERSE AG DE DB1 GR 6,920 $921,381.47
7062713 SODEXO FR SW FP 485 $50,488.99
7088429 AXA SA FR CS FP 2,595 $60,178.37
7103065 NOVARTIS AG-REG CH NOVN SW 2,030 $177,220.57
7103526 PEUGEOT SA FR UG FP 655 $16,476.76
7110388 ROCHE HOLDING AG-GENUSSCHEIN CH ROG SW 695 $184,894.84
7110902 TECAN GROUP AG-REG CH TECN SW 170 $34,328.87
7123870 NESTLE SA-REGISTERED CH NESN SW 48,330 $4,213,597.43
7133608 EQUINOR ASA NO EQNR NO 6,340 $144,971.60
713448108 PEPSICO INC US PEP 45,845 $5,165,356.15
7145056 ENI SPA IT ENI IM 8,820 $149,550.11
7156036 SONOVA HOLDING AG-REG CH SOON SW 555 $104,160.09
718172109 PHILIP MORRIS INTERNATIONAL US PM 44,825 $3,438,974.00
71943U104 PHYSICIANS REALTY TRUST US DOC 5,645 $102,230.95
7212477 ESSILORLUXOTTICA FR EL FP 290 $36,736.87
7262610 CREDIT AGRICOLE SA FR ACA FP 1,720 $19,644.80
729640102 PLYMOUTH INDUSTRIAL REIT INC US 1,265 $20,290.60
7309681 BNP PARIBAS FR BNP FP 1,505 $70,924.48
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 590 $20,359.68
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 650,000 $639,056.97
74340W103 PROLOGIS US PLD 2,890 $199,872.40
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 390,000 $405,600.00
74460D109 PUBLIC STORAGE INC US PSA 555 $117,948.60
74736K101 QORVO INC US QRVO 82,380 $5,384,356.80
756109104 REALTY INCOME CORP US O 400 $27,476.00
75886F107 REGENERON PHARMACEUTICALS INC US REGN 4,520 $1,940,300.40
76131D103 RESTAURANT BRANDS INTERN CA QSR 1,145 $71,734.25
7698356 GETINGE AB-B SHS SE GETIB SS 3,320 $37,487.06
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 75,000 $76,312.50
77714PAB5 SEMGROUP / ROSE ROCK FIN 5.62500 07/15/2022 US 50,000 $47,500.00
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 3,470 $217,916.00
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 690 $48,990.00
78409V104 S&P GLOBAL INC US SPGI 17,440 $3,342,376.00
78410G104 SBA COMMUNICATIONS CORP US SBAC 31,860 $5,815,405.80
78442PGC4 SLM CORP 5.12500 04/05/2022 US 100,000 $97,000.00
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 580,000 $628,468.00
80282KAE6 SANTANDER HOLDINGS USA 4.50000 07/17/2025 US 440,000 $448,024.11
806857108 SCHLUMBERGER LTD NL SLB 60,528 $2,675,942.88
808513105 CHARLES SCHWAB CORP/THE US SCHW 79,660 $3,725,698.20
81141R100 SEA LTD - ADR SG SE 5,055 $70,820.55
81211K100 SEALED AIR CORP US SEE 85,530 $3,378,435.00
812578102 SEATTLE GENETICS INC US SGEN 37,475 $2,864,214.25
81762P102 SERVICENOW INC US NOW 25,795 $5,675,415.90
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 60,000 $54,450.00
828806109 SIMON PROPERTY GROUP INC US SPG 1,350 $245,862.00
84265V105 SOUTHERN COPPER CORPORATION US SCCO 53,860 $1,810,773.20
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 400,000 $411,040.01
845467AL3 SOUTHWESTERN ENERGY CO 6.20000 01/23/2025 US 74,000 $71,780.00
85254J102 STAG INDUSTRIAL INC US STAG 1,835 $50,590.95
862121100 STORE CAPITAL CORP US STOR 800 $25,856.00
866674104 SUN COMMUNITIES US SUI 810 $89,027.10
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 2,815 $40,254.50
874080104 TAL EDUCATION GROUP - ADR CN TAL 1,235 $38,322.05
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 75,000 $70,031.25
88104LAE3 TERRAFORM POWER OPERATIN 5.00000 01/31/2028 US 55,000 $51,081.25
883556102 THERMO FISHER SCIENTIFIC INC US TMO 8,365 $2,055,029.55
88650V208 TIER REIT INC US TIER 3,585 $84,247.50
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 97,000 $95,934.94
902653104 UDR INC US UDR 2,300 $100,625.00
903002103 UMH PROPERTIES INC US UMH 1,740 $24,412.20
90384S303 ULTA BEAUTY INC US ULTA 10,140 $2,960,068.80
904767704 UNILEVER PLC - ADR GB UL 87,638 $4,609,758.80
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 2,748,000 $3,518,728.13
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 1,178,765.29 $1,100,595.35
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,150,000 $1,148,562.50
9128282N9 US TREASURY N/B 2.12500 07/31/2024 US 16,195,000 $15,909,057.03
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 3,812,077.5 $3,761,497.98
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 3,970,000 $3,728,698.44
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 1,146,723.88 $1,120,604.34
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 3,897,000 $3,836,718.28
91704F104 URBAN EDGE PROPERTIES US UE 2,985 $60,953.70
92276F100 VENTAS INC US VTR 780 $50,302.20
92339V100 VEREIT INC US VER 5,665 $45,773.20
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 590,000 $660,191.76
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 9,560 $1,825,099.60
92826C839 VISA INC - CLASS A SHARES US V 47,455 $6,406,899.55
929042109 VORNADO REALTY TRUST US VNO 1,015 $70,958.65
92922PAL0 W & T OFFSHORE INC 9.75000 11/01/2023 US 75,000 $72,937.50
92960PAA7 W/S PACKAGING HOLDINGS 9.00000 04/15/2023 US 85,000 $85,425.00
94856UAA9 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 89,000 $81,880.00
948741103 WEINGARTEN REALTY INVESTORS US WRI 2,025 $58,097.25
95040Q104 WELLTOWER INC. US WELL 935 $72,453.15
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 80,000 $80,000.00
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 85,000 $81,918.75
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 310,000 $301,601.63
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 70,070 $1,923,421.50
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 200,000 $189,500.00
B00FM53 BANCO BRADESCO SA - PREF BR BBDC4 BZ 6,400 $79,420.93
B0190C7 TECHTRONIC INDUSTRIES CO LTD HK 669 HK 8,500 $49,619.16
B01FLR7 PING AN INSURANCE GROUP CO-H CN 2318 HK 11,000 $107,091.16
B01JCK9 LI NING CO LTD CN 2331 HK 91,501 $112,585.10
B02J639 ADMIRAL GROUP PLC GB ADM LN 1,920 $52,208.62
B02L3W3 BERKELEY GROUP HOLDINGS GB BKG LN 1,405 $69,177.20
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 7,000 $74,429.70
B058TZ6 SAFRAN SA FR SAF FP 415 $54,526.41
B068DB9 SM INVESTMENTS CORP PH SM PM 2,640 $50,361.59
B07DRZ5 RECORDATI SPA IT REC IM 1,445 $52,361.43
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 250 $53,910.46
B0C2CQ3 ENGIE FR ENGI FP 1,890 $30,299.13
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 4,585 $57,199.36
B0JDQD4 BANDAI NAMCO HOLDINGS INC JP 7832 JP 2,300 $101,606.44
B0SWJX3 LONDON STOCK EXCHANGE GROUP GB LSE LN 16,790 $1,009,764.12
B0YZ0Z5 DEUTSCHE WOHNEN SE DE DWNI GR 3,040 $151,869.97
B15C557 TOTAL SA FR FP FP 2,635 $144,453.34
B19NLV4 EXPERIAN PLC GB EXPN LN 2,085 $52,349.16
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 8,655 $135,229.87
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 8,400 $46,919.37
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 2,220 $108,716.65
B1XH026 VINCI SA FR DG FP 44,530 $3,918,206.61
B1Y9TB3 DANONE FR BN FP 3,081 $224,209.33
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 26,000 $134,496.93
B1YXBJ7 AIR LIQUIDE FR AI FP 545 $66,162.58
B1Z9Q99 ABOITIZ POWER CORP PH AP PM 39,800 $29,393.62
B247XZ6 MANILA ELECTRIC COMPANY PH MER PM 6,800 $47,835.80
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 2,200 $67,962.87
B283W97 CAIXABANK S.A ES CABK SM 671,180 $2,538,395.12
B292SM8 MEGACABLE HOLDINGS-CPO MX MEGACPO MM 6,808 $30,621.71
B2B0DG9 RELX PLC GB REL LN 2,450 $54,266.20
B3NB1P2 SUNCOR ENERGY INC CA SU CN 4,640 $149,658.05
B3ZCNF7 TELEFONICA BRASIL S.A. - PREF BR VIVT4 BZ 4,000 $53,399.87
B4975P9 MAGAZINE LUIZA SA BR MGLU3 BZ 500 $24,548.97
B4R2R50 JULIUS BAER CH BAER SW 52,965 $2,128,782.89
B4V5RY4 BANCO SANTANDER BRASIL - UNIT BR SANB11 BZ 2,800 $36,903.93
B5VJH76 BDO UNIBANK INC PH BDO PM 19,400 $50,403.70
B607XS1 VERMILION ENERGY INC CA VET CN 4,505 $110,400.70
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 13,630 $153,391.60
B63QM77 NEXON CO LTD JP 3659 JP 13,700 $208,424.51
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 24,500 $21,405.88
B7311V6 KALBE FARMA TBK PT ID KLBF IJ 446,300 $51,150.25
B7T7721 ROYAL BANK OF SCOTLAND GB RBS LN 22,355 $70,914.64
B800MQ5 ASTRA INTERNATIONAL TBK PT ID ASII IJ 84,793 $51,439.84
B8FMRX8 COLOPLAST-B DK COLOB DC 535 $48,871.83
B8K9X70 GRAND CITY PROPERTIES DE GYC GR 3,198 $79,567.66
B92RW83 LT GROUP INC PH LTG PM 75,600 $22,528.71
B9895B7 COCA-COLA HBC AG-DI CH CCH LN 2,200 $73,939.91
B9G6L89 LEG IMMOBILIEN AG DE LEG GR 975 $114,534.35
B9N3SQ0 BB SEGURIDADE PARTICIPACOES BR BBSE3 BZ 3,500 $29,806.43
BBD7Q84 SUNTORY BEVERAGE & FOOD LTD JP 2587 JP 1,100 $48,704.36
BBJPFY1 VONOVIA SE DE VNA GR 3,025 $152,031.93
BD0Q398 KONINKLIJKE AHOLD DELHAIZE N NL AD NA 2,855 $75,217.96
BD1WX84 ENGIE BRASIL ENERGIA SA BR EGIE3 BZ 5,125 $58,807.10
BD3JR69 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 118,000 $50,951.91
BD4T6W7 TELEKOMUNIKASI INDONESIA PER ID TLKM IJ 185,500 $51,769.14
BD4TZK8 OCI NV NL OCI NA 2,065 $43,669.75
BD6K457 COMPASS GROUP PLC GB CPG LN 2,410 $51,570.37
BD82246 EAGLE BULK SHIPCO 8.25000 11/28/2022 MH 196,000 $194,040.00
BD9Y5C0 TECHNOGYM SPA IT TGYM IM 6,235 $72,295.02
BD9Y9B7 BASIC-FIT NV NL BFIT NA 2,505 $76,636.49
BDFLHY1 AIRPORTS OF THAILAND PCL-FOR TH AOT/F TB 23,400 $51,820.98
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 122,000 $49,848.28
BDZV116 EPIROC AB-A SE EPIA SS 1,890 $18,148.41
BF7LBH4 ATACADAO DISTRIBUICAO COMERC BR CRFB3 BZ 4,200 $23,019.85
BF955D8 TELENET FINANCE LUX NOTE 5.50000 03/01/2028 LU 200,000 $189,000.00
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 13,150 $22,206.87
BFYM460 UNIBAIL-RODAMCO-WESTFIELD FR URW NA 770 $138,485.55
BG36ZK1 B3 SA-BRASIL BOLSA BALCAO BR B3SA3 BZ 4,500 $38,828.42
BG7ZWY7 AMBEV SA BR ABEV3 BZ 15,200 $72,974.34
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 25,195 $37,893.29
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 147,000 $120,538.91
BHC8X90 NOVO NORDISK A/S-B DK NOVOB DC 1,085 $50,849.70
BJ2KSG2 AKZO NOBEL NL AKZA NA 39,960 $3,439,243.82
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 87,174 $3,880,517.27
BNGN9Z1 FINECOBANK SPA IT FBK IM 278,365 $3,026,924.58
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 93,110 $2,604,579.89
BSQXJ01 THULE GROUP AB/THE SE THULE SS 5,495 $112,189.97
BSS7GP5 AGL ENERGY LTD AU AGL AU 4,840 $75,623.40
BYMXPS7 UNICREDIT SPA IT UCG IM 4,357 $50,368.87
BYNXBZ5 ADO PROPERTIES SA DE ADJ GR 645 $38,718.90
BYQ32R1 NEMAK SAB DE CV MX 12,609 $9,884.24
BYW0PQ6 LAND SECURITIES GROUP PLC GB LAND LN 3,080 $35,026.76
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 194,000 $78,486.17
BYXS699 QIAGEN N.V. NL QIA GR 2,668 $98,539.14
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 42,367 $3,236,971.91
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 18,750 $83,022.07
BZ3C3Q4 BANKIA SA ES BKIA SM 31,219 $91,002.42
BZ4CMZ5 DAVIDE CAMPARI-MILANO SPA IT CPR IM 11,195 $100,582.08
G02602103 AMDOCS LTD GG DOX 67,105 $3,749,827.40
G0750C108 AXALTA COATING SYSTEMS LTD US AXTA 85,350 $2,186,667.00
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 1,495 $52,399.75
G25839104 COCA-COLA EUROPEAN PARTNERS GB CCEP 1,550 $73,749.00
G27358103 DESPEGAR.COM CORP AR DESP 1,990 $29,889.80
G3157S106 ENSCO INTERNATIONAL INC US ESV 344,000 $1,513,600.00
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 110,000 $111,650.00
G5960L103 MEDTRONIC INC IE MDT 84,810 $7,496,355.90
G84720104 STERIS PLC GB STE 665 $75,849.90
G97822103 PERRIGO CO PLC IE PRGO 28,070 $1,303,851.50
H8817H100 TRANSOCEAN LTD US RIG 175,225 $1,501,678.25
M22465104 CHECK POINT SOFTWARE TECH IL CHKP 475 $53,162.00
N22717107 CORE LABORATORIES N.V. NL CLB 1,065 $71,844.90
N47279109 INTERXION HOLDING NV NL INXN 35,440 $2,127,817.60
N59465109 MYLAN NV US MYL 42,015 $1,258,349.25
N72482123 QIAGEN N.V. ADR NL QGEN 70,388 $2,606,467.64
USD US DOLLAR US 3,243,269.41 $3,243,269.41

Investments will change over time.

Distributions

  • Pro-Blend® Maximum Term Series Class I Distribution History
  • 2019 Distribution Calendar
  • Fourth Quarter 2018 Distributions
  • Third Quarter 2018 Distributions
  • Second Quarter 2018 Distributions
  • First Quarter 2018 Distributions
  • Tax Letter

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

$8.66

Daily $ Change

$0.08

Daily % Change

0.92%

as of 02/15/2019

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

Investment Objective

To provide long-term capital growth.

Investment Strategy

The portfolio is invested in an aggressive, growth-oriented mix of stocks, bonds, and cash 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 his or her current risk tolerance and investment time horizon, then decide when to move to a different objective as his or her 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
15-45% 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 01/31/2019

YTD

7.51%

1 Year

-4.05%

3 Year

11.17%

5 Year

6.33%

10 Year

11.84%

Inception
(11/01/1995)

8.82%

US Stock Market Cycle (04/01/2000 - 01/31/2019)

7.02%

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 0.85%

Top Ten Investments

As of 01/31/2019

TREASURY NOTES 6.10%
MONDELEZ INTERNATIONAL INC 2.06%
COCA COLA CO/THE 2.03%
JOHNSON & JOHNSON 1.99%
MEDTRONIC INC 1.95%
MASTERCARD INC-CLASS A 1.89%
BOOKING HOLDINGS INC 1.85%
VISA INC - CLASS A SHARES 1.67%
AUTOZONE INC 1.63%
AMERICAN TOWER REIT INC 1.62%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 01/31/2019

Stocks
86.15%
Bonds
13.01%
Cash
0.84%

Detailed Asset Class Allocation

As of 01/31/2019

International Equities
26.26%
Small Capitalization
3.03%
Mid Capitalization
6.59%
Large Capitalization
50.27%
Long Term Fixed Income
2.15%
Intermediate Term Fixed Income
8.81%
Short Term Fixed Income
2.05%
Cash
0.84%

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

January Fund Holdings

As of 01/31/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAH9 ADT SEC CORP 4.12500 06/15/2023 US 60,000 $57,750.00
00101JAM8 ADT CORP 5.25000 03/15/2020 US 50,000 $50,750.00
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 400,000 $404,834.80
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 215,000 $215,537.50
004239109 ACADIA REALTY TRUST US AKR 835 $23,989.55
0045614 ANTOFAGASTA PLC GB ANTO LN 83,140 $950,448.65
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 450,000 $440,320.73
00790X101 ADVANCED DISPOSAL SERVICES US ADSW 134,280 $3,383,856.00
0081180 BARRATT DEVELOPMENTS PLC GB BDEV LN 9,890 $69,953.09
008492100 AGREE REALTY CORP US ADC 510 $33,675.30
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 50,000 $51,075.22
0136701 BRITISH LAND CO PLC GB BLND LN 4,650 $35,028.81
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 185 $24,366.35
01609W102 ALIBABA GROUP - ADR CN BABA 880 $148,271.20
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 62,000 $62,542.50
02079K107 ALPHABET INC-CL C US GOOG 3,265 $3,644,948.05
02079K305 ALPHABET INC-CL A US GOOGL 3,225 $3,630,995.25
02209S103 ALTRIA GROUP INC US MO 47,315 $2,334,995.25
023135106 AMAZON.COM INC US AMZN 2,615 $4,494,478.95
02319V103 AMBEV SA-ADR BR ABEV 730,797 $3,515,133.57
0237400 DIAGEO PLC GB DGE LN 77,380 $2,953,311.23
02376RAA0 AMERICAN AIRLINES GROUP 5.50000 10/01/2019 US 50,000 $50,355.00
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 790 $36,355.80
0263494 BAE SYSTEMS PLC GB BA/ LN 17,985 $120,991.57
02665T306 AMERICAN HOMES 4 RENT- A US AMH 4,415 $97,615.65
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 190,000 $183,012.33
02753GAA7 AMERICAN MIDSTREAM PTR/F 9.50000 12/15/2021 US 85,000 $79,050.00
03027X100 AMERICAN TOWER REIT INC US AMT 36,100 $6,239,524.00
03064D108 AMERICOLD REALTY TRUST US COLD 705 $20,670.60
03748R101 APARTMENT INVT & MGMT CO -A US AIV 1,385 $68,585.20
03784Y200 APPLE HOSPITALITY REIT INC US APLE 1,365 $22,399.65
03969AAL4 ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 IE 200,000 $194,500.00
0405207 HALMA PLC GB HLMA LN 4,010 $73,751.46
0490656 KERRY GROUP PLC-A IE KYGA LN 1,365 $140,379.38
053332102 AUTOZONE INC US AZO 7,380 $6,253,369.20
053484101 AVALONBAY COMMUNITIES INC US AVB 970 $187,132.40
058498106 BALL CORP US BLL 64,655 $3,380,163.40
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 640,000 $645,029.97
0682538 PERSIMMON PLC GB PSN LN 2,230 $69,565.97
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 28,990 $5,958,604.60
0870612 LLOYDS BANKING GROUP PLC GB LLOY LN 93,865 $71,559.15
0878230 TAYLOR WIMPEY PLC GB TW/ LN 31,980 $69,340.43
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 51,698 $5,075,192.66
0922320 SMITH & NEPHEW PLC GB SN/ LN 5,480 $103,235.87
09247X101 BLACKROCK INC US BLK 11,825 $4,908,321.00
0946580 WEIR GROUP PLC/THE GB WEIR LN 9,960 $197,104.16
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98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 70,070 $1,923,421.50
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 200,000 $189,500.00
B00FM53 BANCO BRADESCO SA - PREF BR BBDC4 BZ 6,400 $79,420.93
B0190C7 TECHTRONIC INDUSTRIES CO LTD HK 669 HK 8,500 $49,619.16
B01FLR7 PING AN INSURANCE GROUP CO-H CN 2318 HK 11,000 $107,091.16
B01JCK9 LI NING CO LTD CN 2331 HK 91,501 $112,585.10
B02J639 ADMIRAL GROUP PLC GB ADM LN 1,920 $52,208.62
B02L3W3 BERKELEY GROUP HOLDINGS GB BKG LN 1,405 $69,177.20
B037HR3 ITAU UNIBANCO HOLDINGS S-PREF BR ITUB4 BZ 7,000 $74,429.70
B058TZ6 SAFRAN SA FR SAF FP 415 $54,526.41
B068DB9 SM INVESTMENTS CORP PH SM PM 2,640 $50,361.59
B07DRZ5 RECORDATI SPA IT REC IM 1,445 $52,361.43
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 250 $53,910.46
B0C2CQ3 ENGIE FR ENGI FP 1,890 $30,299.13
B0CGYD6 LOJAS RENNER S.A. BR LREN3 BZ 4,585 $57,199.36
B0JDQD4 BANDAI NAMCO HOLDINGS INC JP 7832 JP 2,300 $101,606.44
B0SWJX3 LONDON STOCK EXCHANGE GROUP GB LSE LN 16,790 $1,009,764.12
B0YZ0Z5 DEUTSCHE WOHNEN SE DE DWNI GR 3,040 $151,869.97
B15C557 TOTAL SA FR FP FP 2,635 $144,453.34
B19NLV4 EXPERIAN PLC GB EXPN LN 2,085 $52,349.16
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 8,655 $135,229.87
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 8,400 $46,919.37
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 2,220 $108,716.65
B1XH026 VINCI SA FR DG FP 44,530 $3,918,206.61
B1Y9TB3 DANONE FR BN FP 3,081 $224,209.33
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 26,000 $134,496.93
B1YXBJ7 AIR LIQUIDE FR AI FP 545 $66,162.58
B1Z9Q99 ABOITIZ POWER CORP PH AP PM 39,800 $29,393.62
B247XZ6 MANILA ELECTRIC COMPANY PH MER PM 6,800 $47,835.80
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 2,200 $67,962.87
B283W97 CAIXABANK S.A ES CABK SM 671,180 $2,538,395.12
B292SM8 MEGACABLE HOLDINGS-CPO MX MEGACPO MM 6,808 $30,621.71
B2B0DG9 RELX PLC GB REL LN 2,450 $54,266.20
B3NB1P2 SUNCOR ENERGY INC CA SU CN 4,640 $149,658.05
B3ZCNF7 TELEFONICA BRASIL S.A. - PREF BR VIVT4 BZ 4,000 $53,399.87
B4975P9 MAGAZINE LUIZA SA BR MGLU3 BZ 500 $24,548.97
B4R2R50 JULIUS BAER CH BAER SW 52,965 $2,128,782.89
B4V5RY4 BANCO SANTANDER BRASIL - UNIT BR SANB11 BZ 2,800 $36,903.93
B5VJH76 BDO UNIBANK INC PH BDO PM 19,400 $50,403.70
B607XS1 VERMILION ENERGY INC CA VET CN 4,505 $110,400.70
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 13,630 $153,391.60
B63QM77 NEXON CO LTD JP 3659 JP 13,700 $208,424.51
B725S29 PUREGOLD PRICE CLUB INC PH PGOLD PM 24,500 $21,405.88
B7311V6 KALBE FARMA TBK PT ID KLBF IJ 446,300 $51,150.25
B7T7721 ROYAL BANK OF SCOTLAND GB RBS LN 22,355 $70,914.64
B800MQ5 ASTRA INTERNATIONAL TBK PT ID ASII IJ 84,793 $51,439.84
B8FMRX8 COLOPLAST-B DK COLOB DC 535 $48,871.83
B8K9X70 GRAND CITY PROPERTIES DE GYC GR 3,198 $79,567.66
B92RW83 LT GROUP INC PH LTG PM 75,600 $22,528.71
B9895B7 COCA-COLA HBC AG-DI CH CCH LN 2,200 $73,939.91
B9G6L89 LEG IMMOBILIEN AG DE LEG GR 975 $114,534.35
B9N3SQ0 BB SEGURIDADE PARTICIPACOES BR BBSE3 BZ 3,500 $29,806.43
BBD7Q84 SUNTORY BEVERAGE & FOOD LTD JP 2587 JP 1,100 $48,704.36
BBJPFY1 VONOVIA SE DE VNA GR 3,025 $152,031.93
BD0Q398 KONINKLIJKE AHOLD DELHAIZE N NL AD NA 2,855 $75,217.96
BD1WX84 ENGIE BRASIL ENERGIA SA BR EGIE3 BZ 5,125 $58,807.10
BD3JR69 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 118,000 $50,951.91
BD4T6W7 TELEKOMUNIKASI INDONESIA PER ID TLKM IJ 185,500 $51,769.14
BD4TZK8 OCI NV NL OCI NA 2,065 $43,669.75
BD6K457 COMPASS GROUP PLC GB CPG LN 2,410 $51,570.37
BD82246 EAGLE BULK SHIPCO 8.25000 11/28/2022 MH 196,000 $194,040.00
BD9Y5C0 TECHNOGYM SPA IT TGYM IM 6,235 $72,295.02
BD9Y9B7 BASIC-FIT NV NL BFIT NA 2,505 $76,636.49
BDFLHY1 AIRPORTS OF THAILAND PCL-FOR TH AOT/F TB 23,400 $51,820.98
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 122,000 $49,848.28
BDZV116 EPIROC AB-A SE EPIA SS 1,890 $18,148.41
BF7LBH4 ATACADAO DISTRIBUICAO COMERC BR CRFB3 BZ 4,200 $23,019.85
BF955D8 TELENET FINANCE LUX NOTE 5.50000 03/01/2028 LU 200,000 $189,000.00
BFTCYP4 ROBINSONS RETAIL HOLDINGS IN PH RRHI PM 13,150 $22,206.87
BFYM460 UNIBAIL-RODAMCO-WESTFIELD FR URW NA 770 $138,485.55
BG36ZK1 B3 SA-BRASIL BOLSA BALCAO BR B3SA3 BZ 4,500 $38,828.42
BG7ZWY7 AMBEV SA BR ABEV3 BZ 15,200 $72,974.34
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 25,195 $37,893.29
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 147,000 $120,538.91
BHC8X90 NOVO NORDISK A/S-B DK NOVOB DC 1,085 $50,849.70
BJ2KSG2 AKZO NOBEL NL AKZA NA 39,960 $3,439,243.82
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 87,174 $3,880,517.27
BNGN9Z1 FINECOBANK SPA IT FBK IM 278,365 $3,026,924.58
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 93,110 $2,604,579.89
BSQXJ01 THULE GROUP AB/THE SE THULE SS 5,495 $112,189.97
BSS7GP5 AGL ENERGY LTD AU AGL AU 4,840 $75,623.40
BYMXPS7 UNICREDIT SPA IT UCG IM 4,357 $50,368.87
BYNXBZ5 ADO PROPERTIES SA DE ADJ GR 645 $38,718.90
BYQ32R1 NEMAK SAB DE CV MX 12,609 $9,884.24
BYW0PQ6 LAND SECURITIES GROUP PLC GB LAND LN 3,080 $35,026.76
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 194,000 $78,486.17
BYXS699 QIAGEN N.V. NL QIA GR 2,668 $98,539.14
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 42,367 $3,236,971.91
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 18,750 $83,022.07
BZ3C3Q4 BANKIA SA ES BKIA SM 31,219 $91,002.42
BZ4CMZ5 DAVIDE CAMPARI-MILANO SPA IT CPR IM 11,195 $100,582.08
G02602103 AMDOCS LTD GG DOX 67,105 $3,749,827.40
G0750C108 AXALTA COATING SYSTEMS LTD US AXTA 85,350 $2,186,667.00
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 1,495 $52,399.75
G25839104 COCA-COLA EUROPEAN PARTNERS GB CCEP 1,550 $73,749.00
G27358103 DESPEGAR.COM CORP AR DESP 1,990 $29,889.80
G3157S106 ENSCO INTERNATIONAL INC US ESV 344,000 $1,513,600.00
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 110,000 $111,650.00
G5960L103 MEDTRONIC INC IE MDT 84,810 $7,496,355.90
G84720104 STERIS PLC GB STE 665 $75,849.90
G97822103 PERRIGO CO PLC IE PRGO 28,070 $1,303,851.50
H8817H100 TRANSOCEAN LTD US RIG 175,225 $1,501,678.25
M22465104 CHECK POINT SOFTWARE TECH IL CHKP 475 $53,162.00
N22717107 CORE LABORATORIES N.V. NL CLB 1,065 $71,844.90
N47279109 INTERXION HOLDING NV NL INXN 35,440 $2,127,817.60
N59465109 MYLAN NV US MYL 42,015 $1,258,349.25
N72482123 QIAGEN N.V. ADR NL QGEN 70,388 $2,606,467.64
USD US DOLLAR US 3,243,269.41 $3,243,269.41

Investments will change over time.

Distributions

  • Pro-Blend® Maximum Term Series Class I Distribution History
  • 2019 Distribution Calendar
  • Fourth Quarter 2018 Distributions
  • Third Quarter 2018 Distributions
  • Second Quarter 2018 Distributions
  • First Quarter 2018 Distributions
  • Tax Letter

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.


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