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 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

$10.94

Daily $ Change

$0.00

Daily % Change

0.00%

as of 01/14/2021

Ticker

MNHCX

CUSIP

56382P591

Inception Date

01/04/2010

Investment Minimum

$2,000.00

Prior to 03/01/2019, the Class L shares were designated as the Class R2 shares. 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

Performance

As of 12/31/2020

YTD

---

1 Year

21.10%

3 Year

12.59%

5 Year

12.79%

10 Year

9.12%

Inception
(11/01/1995)

8.85%

Inception performance is based on the Pro-Blend® Maximum Term Series Class S inception of 11/01/1995. For periods through 01/04/2010 (the inception date of the Class L shares), performance for the Class L shares is hypothetical and is based on the historical performance of the Class S shares adjusted for the Class L shares’ charges and expenses. 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 1.83%*

Includes a 12b-1 fee of 1.00%, of which up to 0.25% is available as a shareholder servicing fee.

Top Ten Investments

As of 12/31/2020

TREASURY NOTES 3.96%
PAYPAL HOLDINGS INC 2.37%
SERVICENOW INC 2.30%
EXPEDIA INC 2.30%
MICROSOFT CORP 2.27%
MASTERCARD INC-CLASS A 2.00%
MONDELEZ INTERNATIONAL INC 1.97%
JOHNSON & JOHNSON 1.88%
COCA COLA CO/THE 1.88%
AMAZON.COM INC 1.76%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 12/31/2020

Stocks 90.16%
Bonds 7.80%
Cash 2.04%

Detailed Asset Class Allocation

As of 12/31/2020

International Equities 24.56%
Small Capitalization 3.30%
Mid Capitalization 12.11%
Large Capitalization 50.19%
Long Term Fixed Income 1.22%
Intermediate Term Fixed Income 5.58%
Short Term Fixed Income 1.00%
Cash 2.04%

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 12/31/2020

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 200,000 $233,946.64
00287Y109 ABBVIE INC US ABBV 2,219 $237,765.85
00435F309 ACCOR SA-SPONSORED ADR FR ACCYY 321,745 $2,316,564.00
00507V109 ACTIVISION INC US ATVI 38,376 $3,563,211.60
00653VAA9 ADAPTHEALTH LLC 6.12500 08/01/2028 US 65,000 $69,793.75
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 380,000 $423,273.31
00791GAA5 AG MERGER SUB II INC 10.75000 08/01/2027 US 71,000 $78,455.00
00842XAA7 AFFINITY GAMING 6.87500 12/15/2027 US 45,000 $47,150.55
008492100 AGREE REALTY CORP US ADC 2,614 $174,040.12
00912XAV6 AIR LEASE CORP 3.62500 04/01/2027 US 370,000 $396,526.06
00914AAB8 AIR LEASE CORP 3.75000 06/01/2026 US 80,000 $87,998.18
01166WAA5 ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 82,000 $89,072.68
01609W102 ALIBABA GROUP - ADR CN BABA 18,560 $4,319,468.80
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 510,000 $570,945.69
020002101 ALLSTATE CORPORATION US ALL 639 $70,245.27
02079K107 ALPHABET INC-CL C US GOOG 700 $1,226,316.00
02079K305 ALPHABET INC-CL A US GOOGL 4,424 $7,753,679.36
023135106 AMAZON.COM INC US AMZN 2,600 $8,468,018.00
0237400 DIAGEO PLC GB DGE LN 105,779 $4,185,544.17
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 3,137 $134,169.49
025816109 AMERICAN EXPRESS CO US AXP 32,150 $3,887,256.50
02665T306 AMERICAN HOMES 4 RENT- A US AMH 8,208 $246,240.00
03027X100 AMERICAN TOWER REIT INC US AMT 21,442 $4,812,871.32
03027XAW0 AMERICAN TOWER CORP 3.80000 08/15/2029 US 571,000 $663,866.09
03064D108 AMERICOLD REALTY TRUST US COLD 7,143 $266,648.19
032654105 ANALOG DEVICES INC US ADI 597 $88,194.81
03690AAD8 ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 US 77,000 $75,652.50
03690AAF3 ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 US 49,000 $47,049.80
03690EAA6 ANTERO MIDSTREAM PART/FI 7.87500 05/15/2026 US 20,000 $20,651.60
03750L109 APARTMENT INCOME REIT CO US AIRC 2,809 $107,893.69
03784Y200 APPLE HOSPITALITY REIT INC US APLE 10,642 $137,388.22
039483102 ARCHER-DANIELS-MIDLAND CO US ADM 1,285 $64,776.85
04364VAR4 ASCENT RESOURCES 8.25000 12/31/2028 US 45,000 $44,887.50
045054AJ2 ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 230,000 $244,292.20
053015103 AUTOMATIC DATA PROCESSING US ADP 556 $97,967.20
053332102 AUTOZONE INC US AZO 3,169 $3,756,659.36
053484101 AVALONBAY COMMUNITIES INC US AVB 838 $134,440.34
05401AAJ0 AVOLON HOLDINGS FNDG LTD 3.25000 02/15/2027 KY 257,000 $262,221.79
055622104 BP PLC-SPONS ADR GB BP 49,423 $1,014,159.96
05722G100 BAKER HUGHES CO US BKR 2,777 $57,900.45
060505104 BANK OF AMERICA CORP US BAC 8,725 $264,454.75
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 320,000 $359,578.08
071734AH0 BAUSCH HEALTH COS INC 5.00000 01/30/2028 CA 73,000 $75,229.42
084423102 WR BERKLEY CORP US WRB 53,177 $3,532,016.34
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 10,702 $2,481,472.74
086516101 BEST BUY INC US BBY 730 $72,846.70
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 43,040 $3,774,177.60
09247X101 BLACKROCK INC US BLK 9,169 $6,615,800.26
0963318 DECHRA PHARMACEUTICALS PLC GB DPH LN 4,870 $229,361.00
101137107 BOSTON SCIENTIFIC CORP US BSX 52,679 $1,893,810.05
105368203 BRANDYWINE REALTY TRUST US BDN 6,944 $82,703.04
110122108 BRISTOL MYERS SQUIBB CO US BMY 3,008 $186,586.24
116ESCAD6 BRUIN E&P PARTNERS LLC 0.00000 08/01/2023 US 234,000 $23.40
12467AAF5 C&S GROUP ENTERPRISES LL 5.00000 12/15/2028 US 75,000 $74,781.00
12503M108 CBOE GLOBAL MARKETS INC US CBOE 23,659 $2,203,126.08
12510GAB8 CCG 2019-1 A2 2.80000 09/14/2026 US 11,362.35 $11,537.77
12514G108 CDW CORP/DE US CDW 32,315 $4,258,793.85
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 461 $43,274.07
12555DAA3 CIM 2019-INV1 A1 4.00000 02/25/2049 US 2,826.86 $2,905.95
12572Q105 CME GROUP INC US CME 12,503 $2,276,171.15
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 4,598.57 $4,681.14
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 7,973.58 $8,170.25
12654TAA8 CNX MIDSTREAM PTR/CNX 6.50000 03/15/2026 US 53,000 $53,927.50
127097103 CABOT OIL & GAS CORP US COG 412,237 $6,711,218.36
133131102 CAMDEN PROPERTY TRUST US CPT 1,704 $170,263.68
133131AZ5 CAMDEN PROPERTY TRUST 2.80000 05/15/2030 US 17,000 $18,879.50
13321L108 CAMECO CORP CA CCJ 240,108 $3,217,447.20
14174T107 CARETRUST REIT INC US CTRE 3,441 $76,321.38
149123101 CATERPILLAR INC US CAT 969 $176,377.38
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 5,495.74 $5,519.09
16119P108 CHARTER COMMUNICATIONS INC-A US CHTR 10,780 $7,131,509.00
172062101 CINCINNATI FINANCIAL CORP US CINF 332 $29,006.84
17275R102 CISCO SYSTEMS INC US CSCO 5,379 $240,710.25
172967424 CITIGROUP INC US C 2,701 $166,543.66
172967KA8 CITIGROUP INCA 4.45000 09/29/2027 US 375,000 $443,301.82
191216100 COCA COLA CO/THE US KO 164,687 $9,031,435.08
194162103 COLGATE-PALMOLIVE CO US CL 1,610 $137,671.10
20030N101 COMCAST CORP-CL A US CMCSA 4,328 $226,787.20
20030NCY5 COMCAST CORP 3.25000 11/01/2039 US 501,000 $568,828.34
20268CAA6 CBSLT 2019-AGS A1 MTGE 2.54000 01/25/2047 US 12,015.39 $12,318.26
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 2,792 $131,531.12
20449X401 COMPASS GROUP PLC ADR GB CMPGY 180,543 $3,381,570.39
205887102 CONAGRA BRAND INC. US CAG 1,399 $50,727.74
20605P101 CONCHO RESOURCES INC US CXO 71,905 $4,195,656.75
20825C104 CONOCOPHILLIPS US COP 54,793 $2,191,172.07
21036P108 CONSTELLATION BRANDS INC-A US STZ 10,831 $2,372,530.55
21240E105 CONTROLADORA VUELA CIA DE AV MX VLRS 23,015 $285,846.30
217204106 COPART INC US CPRT 18,745 $2,385,301.25
222795502 COUSINS PROPERTIES INC US CUZ 7,573 $253,695.50
22534GAA1 CAALT 2020-1A 2.01000 02/15/2029 US 19,000 $19,425.78
22822V101 CROWN CASTLE INTL CORP US CCI 1,629 $259,320.51
22822VAN1 CROWN CASTLE INTL CORP 3.10000 11/15/2029 US 582,000 $641,325.56
229663109 CUBESMART US CUBE 2,844 $95,586.84
231021106 CUMMINS INC US CMI 379 $86,070.90
253868103 DIGITAL REALTY TRUST INC US DLR 2,593 $361,749.43
254687106 WALT DISNEY CO/THE US DIS 19,491 $3,531,379.38
256677105 DOLLAR GENERAL CORP US DG 21,025 $4,421,557.50
256746108 DOLLAR TREE STORES INC US DLTR 57,130 $6,172,325.20
25746UDG1 DOMINION ENERGY 3.37500 04/01/2030 US 295,000 $336,032.99
25960P109 DOUGLAS EMMETT INC US DEI 4,089 $119,317.02
260003108 DOVER CORP US DOV 311 $39,263.75
262006208 DREYFUS GVT CSH MANAGEMENT US 10,029,032.28 $10,029,032.28
26439XAC7 DCP MIDSTREAM OPERATING 8.12500 08/16/2030 US 63,000 $80,482.50
264411505 DUKE RLTY INVTS INC US DRE 5,494 $219,595.18
26875P101 EOG RESOURCES INC US EOG 68,605 $3,421,331.35
26884L109 EQT CORP US EQT 199,925 $2,541,046.75
26884LAG4 EQT CORP 8.75000 02/01/2030 US 60,000 $73,500.00
2715777 QUEBECOR INC -CL B CA QBR/B CN 19,925 $512,799.91
27579R104 EAST WEST BANCORP INC US EWBC 84,885 $4,304,518.35
285512109 ELECTRONIC ARTS US EA 36,762 $5,279,023.20
291011104 EMERSON ELEC CO US EMR 1,402 $112,678.74
29273RAR0 ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 542,000 $661,232.28
29275YAC6 ENERSYS 4.37500 12/15/2027 US 10,000 $10,575.00
29444U700 EQUINIX INC US EQIX 5,481 $3,914,420.58
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 3,891 $246,533.76
297178105 ESSEX PROPERTY TRUST INC US ESS 418 $99,241.56
30212P303 EXPEDIA INC US EXPE 83,492 $11,054,340.80
30212PAS4 EXPEDIA GROUP INC 6.25000 05/01/2025 US 196,000 $227,183.72
30225T102 EXTRA SPACE STORAGE INC US EXR 613 $71,022.18
30231G102 EXXON MOBIL CORP US XOM 68,775 $2,834,905.50
302491303 FMC CORP US FMC 20,328 $2,336,297.04
30264DAA7 FS ENERGY & POWER FUND 7.50000 08/15/2023 US 58,000 $55,317.50
30287EAE0 FREMF 2014-K41 B FLT 3.83296 11/25/2047 US 21,000 $23,049.17
30303M102 FACEBOOK INC -A US FB 24,402 $6,665,650.32
311900104 FASTENAL CO US FAST 1,557 $76,028.31
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 5,382.98 $6,330.29
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 5,787.07 $6,776.06
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 4,889.71 $5,406.45
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 3,930.65 $4,346.12
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 5,228.34 $5,780.90
3136AY6W8 FNA 2017-M15 A1 FLT 2.95934 09/25/2027 US 15,780.9 $17,098.31
3137AME78 FHMS K017 X1 FLT 1.28567 12/25/2021 US 232,138.68 $1,591.80
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.64100 01/01/2049 US 15,780.2 $18,497.77
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 63.48 $63.72
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 80.99 $81.43
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 4,450.21 $4,979.43
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 6,514.66 $7,201.51
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 6,133.08 $7,277.20
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 3,828.15 $4,500.39
316773100 FIFTH THIRD BANCORP US FITB 1,793 $49,433.01
32054K103 FIRST INDUSTRIAL REALTY TR US FR 3,922 $165,233.86
34461LAA2 FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 18,000 $18,861.58
345370CW8 FORD MOTOR COMPANY 9.00000 04/22/2025 US 80,000 $98,080.80
346232AE1 FORESTAR GROUP INC 5.00000 03/01/2028 US 44,000 $45,430.00
34960PAC5 FORTRESS TRANS & INFRAST 9.75000 08/01/2027 US 44,000 $50,435.00
35166FAA0 FOXTROT ESCROW ISSUER 12.25000 11/15/2026 US 53,000 $60,420.00
36257MAA3 GSMS 2019-70P A 1.15900 10/15/2036 US 19,000 $18,523.48
369550108 GENERAL DYNAMICS CORP US GD 550 $81,851.00
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 405,000 $376,751.25
370334104 GENERAL MLS INC US GIS 1,421 $83,554.80
372460105 GENUINE PARTS CO US GPC 457 $45,896.51
37255LAA5 GENWORTH MORTGAGE HLDING 6.50000 08/15/2025 US 90,000 $97,425.00
374297109 GETTY REALTY CORP US GTY 3,974 $109,443.96
375558103 GILEAD SCIENCES INC US GILD 2,057 $119,840.82
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 15,454.93 $16,218.32
383909AF5 WR GRACE & CO-CONN 5.62500 10/01/2024 US 45,000 $48,543.75
384802104 WW GRAINGER INC US GWW 113 $46,142.42
388689101 GRAPHIC PACKAGING HOLDING CO US GPK 206,645 $3,500,566.30
400501102 GRUPO AEROPORTUARIO CEN-ADR MX OMAB 29,533 $1,526,265.44
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 11,672 $1,298,976.88
40051E202 GRUPO AEROPORTUARIO DEL SURESTE MX ASR 10,203 $1,682,780.79
4012250 AIRBUS SE FR AIR FP 2,020 $221,683.30
4031976 ADIDAS AG DE ADS GR 7,070 $2,572,101.08
404119BX6 HCA INC 4.12500 06/15/2029 US 295,000 $342,224.07
416515104 HARTFORD FINL SVCS US HIG 900 $44,082.00
418751AD5 HAT HOLDINGS I LLC/HAT 3.75000 09/15/2030 US 53,000 $54,987.50
421946104 HEALTHCARE REALTY TRUST INC US HR 4,336 $128,345.60
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 5,486 $151,084.44
42250P103 HEALTHPEAK PROPERTIES INC US PEAK 7,240 $218,865.20
423012301 HEINEKEN NV-SPN ADR NL HEINY 68,760 $3,839,558.40
427866108 HERSHEY CO/THE US HSY 495 $75,403.35
42805E306 HESKA CORP US HSKA 13,410 $1,953,166.50
431571AB4 HILLENBRAND INC 5.00000 09/15/2026 US 46,000 $51,577.50
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 21,733 $2,418,013.58
437076102 HOME DEPOT INC US HD 1,291 $342,915.42
438516106 HONEYWELL INTERNATIONAL INC US HON 1,119 $238,011.30
440452100 HORMEL FOODS CORP US HRL 967 $45,071.87
443201AA6 HOWMET AEROSPACE INC 6.87500 05/01/2025 US 40,000 $46,800.00
443628AH5 HUDBAY MINERALS INC 6.12500 04/01/2029 CA 45,000 $48,487.50
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 48,000 $52,980.00
450913AF5 IAMGOLD CORP 5.75000 10/15/2028 CA 60,000 $60,900.00
45168D104 IDEXX LABORATORIES INC US IDXX 7,400 $3,699,038.00
452308109 ILLINOIS TOOL WKS INC US ITW 617 $125,793.96
45337C102 INCYTE CORP US INCY 18,305 $1,592,168.90
45569LAA9 INDIGO NATURAL RES LLC 6.87500 02/15/2026 US 53,000 $54,192.50
45682RAA8 INFRABUILD AUSTRALIA PTY 12.00000 10/01/2024 AU 71,000 $71,798.75
45778Q107 INSPERITY INC US NSP 46,921 $3,820,307.82
458140100 INTEL CORP US INTC 5,006 $249,398.92
45857P806 INTERCONTINENTAL HOTELS-ADR GB IHG 34,988 $2,278,418.56
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 41,673 $4,804,480.17
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 1,359 $171,070.92
459506101 INTERNATIONAL FLVRS & FRAGRANCES US IFF 235 $25,577.40
46116VAE5 INTL FC STORE INC 8.62500 06/15/2025 US 100,000 $108,750.00
46120E602 INTUITIVE SURGICAL INC US ISRG 2,549 $2,085,336.90
46187BAA1 IHSFR 2017-SFR2 A 1.00300 12/17/2036 US 6,296.93 $6,281.57
46187BAB9 IHSFR 2017-SFR2 B 1.30300 12/17/2036 US 5,000 $4,987.90
46187W107 INVITATION HOMES INC US INVH 12,851 $381,674.70
46284VAN1 IRON MOUNTAIN INC 4.50000 02/15/2031 US 53,000 $55,517.50
465410BX5 ITALY GOV'T INT BOND 2.37500 10/17/2024 IT 9,000 $9,464.06
46625H100 JP MORGAN CHASE & CO US JPM 2,836 $360,370.52
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 2,476.72 $2,525.55
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 5,325.35 $5,446.58
46647PBP0 JPMORGAN CHASE & CO 2.95600 05/13/2031 US 550,000 $603,125.04
46648HAC7 JPMMT 2017-2 A3 3.50000 05/25/2047 US 16,518.87 $16,870.55
478160104 JOHNSON & JOHNSON US JNJ 57,646 $9,072,327.48
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 203,000 $1,986.15
48088LAB3 JOSEPH T RYERSON & SON 8.50000 08/01/2028 US 42,000 $47,565.00
482480100 KLA-TENCOR CORPORATION US KLAC 388 $100,457.08
487526AB1 KEHE DISTRIBUTORS LLC/FI 8.62500 10/15/2026 US 71,000 $79,697.50
49427F108 KILROY REALTY CORP US KRC 3,317 $190,395.80
494368103 KIMBERLY CLARK CORP US KMB 702 $94,650.66
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 414,000 $566,480.19
501044101 KROGER CO US KR 2,000 $63,520.00
50212YAC8 LPL HOLDINGS INC 4.62500 11/15/2027 US 45,000 $46,575.00
505742AG1 LADDER CAP FIN LLLP/CORP 5.25000 10/01/2025 US 85,000 $84,787.50
5107401 BEIERSDORF AG DE BEI GR 2,625 $301,768.99
512816109 LAMAR ADVERTISING CO-A US LAMR 1,298 $108,019.56
53223X107 LIFE STORAGE INC US LSI 1,281 $152,938.59
532457108 ELI LILLY & CO US LLY 936 $158,034.24
539830109 LOCKHEED MARTIN CORP US LMT 451 $160,095.98
541056AA5 LOGAN MERGER SUB INC 5.50000 09/01/2027 US 38,000 $39,805.00
54240F202 LONESTAR RES US INC NPV US 2,957 $5,381.74
550021109 LULULEMON - ADR CA LULU 13,789 $4,798,985.67
552848AG8 MGIC INVESTMENT CORP 5.25000 08/15/2028 US 76,000 $81,320.00
55303XAL9 MGM GROWTH/MGM FINANCE 3.87500 02/15/2029 US 45,000 $46,012.50
56585A102 MARATHON PETROLEUM CORP US MPC 1,663 $68,781.68
573284106 MARTIN MARIETTA MATERIALS US MLM 9,793 $2,780,918.21
57636Q104 MASTERCARD INC-CLASS A US MA 27,001 $9,637,736.94
577128AA9 MATTHEWS INTERNATIONAL C 5.25000 12/01/2025 US 70,000 $70,700.00
5852842 ACCOR SA FR AC FP 3,025 $109,749.41
58933Y105 MERCK & CO INC US MRK 3,198 $261,596.40
594918104 MICROSOFT CORP US MSFT 49,067 $10,913,482.14
595112103 MICRON TECHNOLOGY INC US MU 102,661 $7,718,053.98
59522J103 MID-AMERICA APARTMENT COMM US MAA 2,306 $292,147.14
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 162,085 $9,477,109.95
615369105 MOODY'S CORPORATION US MCO 14,423 $4,186,131.52
61965RAA3 MOSS CREEK RESOURCES HLD 7.50000 01/15/2026 US 76,000 $57,760.00
62913TAJ1 NGL ENRGY PART LP/FIN CO 7.50000 11/01/2023 US 65,000 $46,028.13
6321954 TRAVELSKY TECHNOLOGY LTD-H CN 696 HK 141,000 $340,643.70
63938CAH1 NAVIENT CORP 6.75000 06/25/2025 US 63,000 $68,512.50
63938EAC8 NAVSL 2014-1 A3 FLT 0.65800 06/25/2031 US 15,199.26 $14,861.99
63938NAF1 NAVIOS SA LOGIST/FIN US 10.75000 07/01/2025 MUL 45,000 $48,150.00
63940YAA4 NAVSL 2019-CA A1 2.82000 02/15/2068 US 1,514.12 $1,517.68
64032XAA3 NSLT 2012-3A A MTGE FLT 0.84800 02/25/2045 US 15,814.48 $15,615.51
64033GAA9 NSLT 2013-5A A MTGE FLT 0.77800 01/25/2037 US 15,615.9 $15,436.75
64033QAB5 NSLT 2015-2A A2 0.74800 09/25/2047 US 32,058.56 $31,514.17
64110D104 NETAPP INC US NTAP 601 $39,810.24
644393AA8 NEW FORTRESS ENERGY INC 6.75000 09/15/2025 US 96,000 $101,969.28
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 3,916.93 $4,196.47
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 5,698.55 $6,072.49
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 6,280.76 $6,692.31
64971XPG7 NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 US 125,000 $128,776.25
654106103 NIKE INC CLASS B US NKE 32,605 $4,612,629.35
655844108 NORFOLK SOUTHN CORP US NSC 14,351 $3,409,941.11
6642321 NIKON CORP JP 7731 JP 214,500 $1,355,185.02
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 220,000 $1,485.00
66987V109 NOVARTIS AG- REG CH NVS 52,264 $4,935,289.52
670346105 NUCOR CORP US NUE 1,021 $54,306.99
6742340 SHANDONG WEIGAO CN 1066 HK 200,000 $452,483.10
674599EA9 OCCIDENTAL PETROLEUM COR 8.87500 07/15/2030 US 35,000 $41,081.25
675232AB8 OCEANEERING INTL INC 6.00000 02/01/2028 US 76,000 $67,925.00
6821506 SONY CORP FIRST SECTION JP 6758 JP 3,600 $362,765.12
68389X105 ORACLE CORP US ORCL 2,784 $180,096.96
691205AC2 OWL ROCK TECHNOLOGY FINA 4.75000 12/15/2025 US 55,000 $57,433.47
691205AE8 OWL ROCK TECHNOLOGY 3.75000 06/17/2026 US 240,000 $241,302.69
69121KAE4 OWL ROCK CAPITAL CORP 3.40000 07/15/2026 US 75,000 $76,073.89
69144AAA7 OXFIN 2020-1A A2 3.10100 02/15/2028 US 16,000 $16,375.99
69145AAB4 OXFIN 2019-1A A2 4.45900 02/15/2027 US 26,000 $26,900.23
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 45,000 $44,887.50
69306RAA4 P&L DEV LLC/PLD 7.75000 11/15/2025 US 70,000 $75,250.00
69327RAJ0 PDC ENERGY INC 5.75000 05/15/2026 US 48,000 $49,560.00
693456AW5 PMTLT 2013-J1 a9 3.50000 09/25/2043 US 8,700.15 $8,896.47
693475105 PNC FINANCIAL SERVICES GROUP US PNC 592 $88,208.00
693506107 PPG INDUSTRIES INC US PPG 429 $61,870.38
69354NAC0 PRA GROUP INC 7.37500 09/01/2025 US 71,000 $76,680.00
69356MAA4 PM GENERAL PURCHASER LLC 9.50000 10/01/2028 US 60,000 $66,450.00
701094104 PARKER HANNIFIN CORP US PH 263 $71,643.83
7021963 DEUTSCHE BOERSE AG DE DB1 GR 23,745 $4,043,116.29
70450Y103 PAYPAL HOLDINGS INC US PYPL 48,795 $11,427,789.00
7123870 NESTLE SA-REGISTERED CH NESN SW 67,470 $7,975,717.33
713448108 PEPSICO INC US PEP 22,994 $3,410,010.20
717081103 PFIZER INC US PFE 7,373 $271,400.13
723787107 PIONEER NATURAL RESOURCES CO US PXD 36,685 $4,178,054.65
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 582,000 $661,475.14
74165HAB4 PRIME HEALTHCARE SERVICE 7.25000 11/01/2025 US 70,000 $74,375.00
74166MAC0 PRIME SECSRVC BRW/FINANC 5.75000 04/15/2026 US 50,000 $54,750.00
74333NAA0 PROGRESS RESIDENTIAL TRUST 3.14700 05/17/2036 US 16,886.09 $17,435.86
74340W103 PROLOGIS US PLD 7,929 $790,204.14
74460D109 PUBLIC STORAGE INC US PSA 1,293 $298,592.49
747525103 QUALCOMM INC US QCOM 1,396 $212,666.64
74834L100 QUEST DIAGNOSTICS INC US DGX 400 $47,668.00
750236AW1 RADIAN GROUP INC 4.87500 03/15/2027 US 90,000 $98,838.00
75513E101 RAYTHEON TECHNOLOGIES CORP US RTX 2,136 $152,745.36
756109104 REALTY INCOME CORP US O 1,364 $84,799.88
7591EP100 REGIONS FINANCIAL CORP. US RF 2,582 $41,621.84
76131D103 RESTAURANT BRANDS INTERN CA QSR 3,520 $215,107.20
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 2,747 $134,905.17
7698356 GETINGE AB-B SHS SE GETIB SS 21,020 $491,903.40
773903109 ROCKWELL AUTOMATION INC US ROK 267 $66,966.27
7792559 HEINEKEN NV NL HEIA NA 3,235 $360,504.88
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 43,871 $1,474,504.31
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 43,191 $4,750,146.18
78409V104 S&P GLOBAL INC US SPGI 11,366 $3,736,345.18
78410G104 SBA COMMUNICATIONS CORP US SBAC 16,399 $4,626,649.87
78442PGC4 SLM CORP 5.12500 04/05/2022 US 109,000 $111,452.50
78442PGD2 SLM CORP 4.20000 10/29/2025 US 85,000 $89,781.25
78449UAB4 SMB 2020-A A2A MTGE 2.23000 09/15/2037 US 22,000 $22,831.52
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 157.8 $158.08
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 550,000 $665,006.29
806857108 SCHLUMBERGER LTD NL SLB 99,520 $2,172,521.60
81141R100 SEA LTD - ADR SG SE 37,784 $7,520,905.20
81181C104 SEAGEN INC US SGEN 12,075 $2,114,815.50
81745BAB1 SEMT 2013-6 A2 3.00000 05/25/2043 US 8,855.15 $8,996.25
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 3,889.59 $3,951.78
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 3,409.83 $3,442.54
81748MAD0 SEMT 2020-1 A4 3.50000 02/25/2050 US 10,926.43 $11,027.38
81762P102 SERVICENOW INC US NOW 20,117 $11,073,000.31
83088M102 SKYWORKS SOLUTIONS INC US SWKS 320 $48,921.60
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 358 $41,384.80
83404RAB4 SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 15,788.37 $16,250.09
83405TAA1 SCLP 2019-3 A MTGE 2.90000 05/25/2028 US 5,180.87 $5,235.35
83406CAA7 SCLP 2019-2 A MTGE 3.01000 04/25/2028 US 3,566.28 $3,602.18
83406TAB8 SOFI 2020-A A2FX MTGE 2.54000 05/15/2046 US 14,000 $14,465.86
835699307 SONY CORP SPONSORED ADR JP SNE 47,915 $4,844,206.50
844741BJ6 SOUTHWEST AIRLINES CO 5.25000 05/04/2025 US 16,000 $18,530.57
85172FAN9 SPRINGLEAF FINANCE CORP 7.12500 03/15/2026 US 53,000 $62,672.50
85254J102 STAG INDUSTRIAL INC US STAG 2,827 $88,541.64
854502101 STANLEY WORKS/THE US SWK 298 $53,210.88
85571BAL9 STARWOOD PROPERTY TRUST 4.75000 03/15/2025 US 76,000 $77,900.00
85571XAA5 SRPT 2014-STAR A FLTG RATE 1.62863 11/15/2027 US 15,954.15 $10,529.74
861036AA9 STL HOLDING CO LLC 7.50000 02/15/2026 US 90,000 $93,375.00
866674104 SUN COMMUNITIES US SUI 2,335 $354,803.25
86935CAA0 SCML 2019-SBC8 2.86000 04/25/2041 US 13,052.81 $13,175.84
87105L104 SWITCH INC - A US SWCH 12,569 $205,754.53
871829107 SYSCO CORP US SYY 1,051 $78,047.26
874039100 TAIWAN SEMICONDUCTOR - SP ADR TW TSM 2,385 $260,060.40
87422VAA6 TALEN ENERGY SUPPLY LLC 6.50000 06/01/2025 US 45,000 $36,675.00
87485LAA2 TALOS PRODUCTION INC 12.00000 01/15/2026 US 50,000 $48,648.50
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 935.9 $937.99
87901JAE5 TEGNA INC 4.62500 03/15/2028 US 50,000 $51,125.00
88032WAN6 TENCENT HOLDINGS 3.97500 04/11/2029 KY 490,000 $558,297.06
88146M101 TERRENO REALTY CORP US TRNO 2,007 $117,429.57
882508104 TEXAS INSTRUMENTS INC US TXN 1,437 $235,854.81
883556102 THERMO FISHER SCIENTIFIC INC US TMO 6,545 $3,048,530.10
88579Y101 3M CO US MMM 956 $167,099.24
89151E109 TOTAL S A SPONSORED ADR FR TOT 26,454 $1,108,687.14
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 9,196.11 $9,374.89
89173FAA8 TPMT 2017-1 A1 2.75000 10/25/2056 US 9,556.74 $9,794.72
89177EAA7 TPMT 2019-HY1 A1 1.14800 10/25/2048 US 9,198.24 $9,233.99
89417E109 TRAVELLERS COS INC US TRV 521 $73,132.77
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 12,892.68 $13,291.20
89613GAA4 TAH 2020-SFR1 A 1.49900 07/17/2038 US 26,000 $26,277.01
89832Q109 TRUIST FINANCIAL CORP US TFC 2,557 $122,557.01
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 115,000 $112,700.00
902494103 TYSON FOODS INC -CL A US TSN 855 $55,096.20
902653104 UDR INC US UDR 4,383 $168,438.69
902973304 U.S. BANCORP US USB 2,684 $125,047.56
904767704 UNILEVER PLC - ADR GB UL 102,743 $6,201,567.48
907818108 UNION PAC CORP US UNP 1,046 $217,798.12
909214BV9 UNISYS CORP 6.87500 11/01/2027 US 45,000 $49,162.50
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,840,000 $2,409,609.37
9128282A7 UNITED STATES TREAS NTS 1.50000 08/15/2026 US 13,958,000 $14,779,668.24
9128284P2 US TREASURY N/B 2.62500 05/15/2021 US 4,240,000 $4,278,756.23
91324P102 UNITEDHEALTH GROUP INC US UNH 12,429 $4,358,601.72
918204108 VF CORP US VFC 964 $82,335.24
91913Y100 VALERO ENERGY US VLO 996 $56,343.72
92343VCV4 VERIZON COMMUNICATIONS 4.27200 01/15/2036 US 550,000 $682,154.25
92511U102 VERRA MOBILITY CORP US VRRM 219,325 $2,943,341.50
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 14,977 $3,539,664.18
92556V106 VIATRIS INC US VTRS 849 $15,910.26
92826C839 VISA INC - CLASS A SHARES US V 32,485 $7,105,444.05
92826CAK8 VISA INC 2.70000 04/15/2040 US 21,000 $22,924.26
92837TAA0 AUSTIN BIDCO INC 7.12500 12/15/2028 US 15,000 $15,656.25
929160109 VULCAN MATERIALS CO US VMC 25,643 $3,803,113.33
93065PAA9 WBHT 2019-WBM A FLT 1.20900 12/15/2033 US 15,000 $14,588.49
931142103 WAL MART STORES US WMT 2,724 $392,664.60
94106L109 WASTE MANAGEMENT INC US WM 867 $102,245.31
949746101 WELLS FARGO COMPANY US WFC 5,561 $167,830.98
95040Q104 WELLTOWER INC. US WELL 1,522 $98,351.64
955306105 WEST PHARMACEUTICAL SERVICES US WST 6,661 $1,887,127.91
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 65,000 $70,947.50
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 403,000 $459,837.74
98311A105 WYNDHAM HOTELS & RESORTS INC US WH 1,535 $91,240.40
98978V103 ZOETIS INC US ZTS 9,920 $1,641,760.00
B02J639 ADMIRAL GROUP PLC GB ADM LN 17,850 $705,822.08
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 23,800 $153,531.80
B1Y47Y7 GERRESHEIMER AG DE GXI GR 1,700 $183,325.50
B1Y9TB3 DANONE FR BN FP 6,441 $423,857.47
B3QJ0H8 TOURMALINE OIL CORP CA TOU CN 40,905 $551,441.43
B4YVF56 BRENNTAG AG DE BNR GR 52,200 $4,059,152.05
B63QM77 NEXON CO LTD JP 3659 JP 162,400 $5,010,836.84
BBQ3850 KEYWORDS STUDIOS PLC IE KWS LN 4,621 $180,449.93
BD6K457 COMPASS GROUP PLC GB CPG LN 11,140 $207,776.12
BFZZM64 S4 CAPITAL PLC GB SFOR LN 55,195 $377,395.81
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 48,936 $68,989.19
BHJYC05 INTERCONTINENTAL HOTELS GROUP GB IHG LN 1,630 $105,648.54
BJ2KSG2 AKZO NOBEL NL AKZA NA 1,441 $154,669.16
BK0939417 AMERICAN TANKER INC 7.75000 07/02/2025 US 85,000 $85,174.25
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 95,334 $6,859,643.39
BMXKJ81 FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 4,192 $61,873.92
BNGN9Z1 FINECOBANK SPA IT FBK IM 47,010 $775,289.84
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 12,335 $391,510.88
BVYVFW2 AUTO TRADER GROUP PLC GB AUTO LN 27,520 $224,005.57
BW1YVH8 WALMART DE MEXICO SAB DE CV MX WALMEX* MM 12,578 $35,333.06
BYPC1T4 ASSA ABLOY AB-B SE ASSAB SS 8,400 $207,580.92
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 37,287 $2,601,392.74
BZ0VW78 BINGO INDUSTRIES LTD AU BIN AU 105,770 $198,117.64
BZ1HM42 ADYEN NV NL ADYEN NA 80 $185,883.34
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 6,214 $193,628.24
G1151C101 ACCENTURE PLC - CL A IE ACN 640 $167,174.40
G29183103 EATON CORP PLC US ETN 892 $107,164.88
G51502105 JOHNSON CONTROLS INTERNATIONAL US JCI 1,979 $92,201.61
G5494J103 LINDE PLC GB LIN 592 $155,997.92
G5960L103 MEDTRONIC INC IE MDT 47,834 $5,603,274.76
G85158106 STONECO LTD-A BR STNE 5,162 $433,195.04
G8994E103 TRANE TECHNOLOGIES IE TT 1,674 $242,997.84
G97822103 PERRIGO CO PLC IE PRGO 6,475 $289,562.00
H01301128 ALCON INC CH ALC 43,154 $2,847,300.92
H1467J104 CHUBB LTD CH CB 773 $118,980.16
H2906T109 GARMIN LTD CH GRMN 399 $47,744.34
N53745100 LYONDELLBASELL INDU-CL A US LYB 844 $77,361.04
ZO1818103 NAVIGATOR HOLDINGS LTD 8.00000 09/10/2025 MH 150,000 $154,500.00
ZO4110185 BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 200,000 $190,129.29

Investments will change over time.

Distributions

  • Pro-Blend® Maximum Term Series Class L Distribution History
  • 2020 Distribution Calendar
  • Fourth Quarter 2020 Distributions
  • Third Quarter 2020 Distributions
  • Second Quarter 2020 Distributions
  • First Quarter 2020 Distributions
  • Tax Letter
  • Target 2045 Merger into Pro Blend Maximum
  • Target 2050 Merger into Pro Blend Maximum
  • Target 2055 Merger into Pro Blend Maximum
  • Target 2060 Merger into Pro Blend Maximum

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

$10.94

Daily $ Change

$0.00

Daily % Change

0.00%

as of 01/14/2021

Ticker

MNHCX

CUSIP

56382P591

Inception Date

01/04/2010

Investment Minimum

$2,000.00

Prior to 03/01/2019, the Class L shares were designated as the Class R2 shares. 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

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 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 12/31/2020

YTD

---

1 Year

21.10%

3 Year

12.59%

5 Year

12.79%

10 Year

9.12%

Inception
(11/01/1995)

8.85%

Inception performance is based on the Pro-Blend® Maximum Term Series Class S inception of 11/01/1995. For periods through 01/04/2010 (the inception date of the Class L shares), performance for the Class L shares is hypothetical and is based on the historical performance of the Class S shares adjusted for the Class L shares’ charges and expenses. 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 1.83%*

Includes a 12b-1 fee of 1.00%, of which up to 0.25% is available as a shareholder servicing fee.

Top Ten Investments

As of 12/31/2020

TREASURY NOTES 3.96%
PAYPAL HOLDINGS INC 2.37%
SERVICENOW INC 2.30%
EXPEDIA INC 2.30%
MICROSOFT CORP 2.27%
MASTERCARD INC-CLASS A 2.00%
MONDELEZ INTERNATIONAL INC 1.97%
JOHNSON & JOHNSON 1.88%
COCA COLA CO/THE 1.88%
AMAZON.COM INC 1.76%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 12/31/2020

Stocks
90.16%
Bonds
7.80%
Cash
2.04%

Detailed Asset Class Allocation

As of 12/31/2020

International Equities
24.56%
Small Capitalization
3.30%
Mid Capitalization
12.11%
Large Capitalization
50.19%
Long Term Fixed Income
1.22%
Intermediate Term Fixed Income
5.58%
Short Term Fixed Income
1.00%
Cash
2.04%

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 12/31/2020

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 200,000 $233,946.64
00287Y109 ABBVIE INC US ABBV 2,219 $237,765.85
00435F309 ACCOR SA-SPONSORED ADR FR ACCYY 321,745 $2,316,564.00
00507V109 ACTIVISION INC US ATVI 38,376 $3,563,211.60
00653VAA9 ADAPTHEALTH LLC 6.12500 08/01/2028 US 65,000 $69,793.75
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 380,000 $423,273.31
00791GAA5 AG MERGER SUB II INC 10.75000 08/01/2027 US 71,000 $78,455.00
00842XAA7 AFFINITY GAMING 6.87500 12/15/2027 US 45,000 $47,150.55
008492100 AGREE REALTY CORP US ADC 2,614 $174,040.12
00912XAV6 AIR LEASE CORP 3.62500 04/01/2027 US 370,000 $396,526.06
00914AAB8 AIR LEASE CORP 3.75000 06/01/2026 US 80,000 $87,998.18
01166WAA5 ALASKA AIR 2020-1 CL B 8.00000 08/15/2025 US 82,000 $89,072.68
01609W102 ALIBABA GROUP - ADR CN BABA 18,560 $4,319,468.80
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 510,000 $570,945.69
020002101 ALLSTATE CORPORATION US ALL 639 $70,245.27
02079K107 ALPHABET INC-CL C US GOOG 700 $1,226,316.00
02079K305 ALPHABET INC-CL A US GOOGL 4,424 $7,753,679.36
023135106 AMAZON.COM INC US AMZN 2,600 $8,468,018.00
0237400 DIAGEO PLC GB DGE LN 105,779 $4,185,544.17
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 3,137 $134,169.49
025816109 AMERICAN EXPRESS CO US AXP 32,150 $3,887,256.50
02665T306 AMERICAN HOMES 4 RENT- A US AMH 8,208 $246,240.00
03027X100 AMERICAN TOWER REIT INC US AMT 21,442 $4,812,871.32
03027XAW0 AMERICAN TOWER CORP 3.80000 08/15/2029 US 571,000 $663,866.09
03064D108 AMERICOLD REALTY TRUST US COLD 7,143 $266,648.19
032654105 ANALOG DEVICES INC US ADI 597 $88,194.81
03690AAD8 ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 US 77,000 $75,652.50
03690AAF3 ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 US 49,000 $47,049.80
03690EAA6 ANTERO MIDSTREAM PART/FI 7.87500 05/15/2026 US 20,000 $20,651.60
03750L109 APARTMENT INCOME REIT CO US AIRC 2,809 $107,893.69
03784Y200 APPLE HOSPITALITY REIT INC US APLE 10,642 $137,388.22
039483102 ARCHER-DANIELS-MIDLAND CO US ADM 1,285 $64,776.85
04364VAR4 ASCENT RESOURCES 8.25000 12/31/2028 US 45,000 $44,887.50
045054AJ2 ASHTEAD CAPITAL INC 4.00000 05/01/2028 US 230,000 $244,292.20
053015103 AUTOMATIC DATA PROCESSING US ADP 556 $97,967.20
053332102 AUTOZONE INC US AZO 3,169 $3,756,659.36
053484101 AVALONBAY COMMUNITIES INC US AVB 838 $134,440.34
05401AAJ0 AVOLON HOLDINGS FNDG LTD 3.25000 02/15/2027 KY 257,000 $262,221.79
055622104 BP PLC-SPONS ADR GB BP 49,423 $1,014,159.96
05722G100 BAKER HUGHES CO US BKR 2,777 $57,900.45
060505104 BANK OF AMERICA CORP US BAC 8,725 $264,454.75
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 320,000 $359,578.08
071734AH0 BAUSCH HEALTH COS INC 5.00000 01/30/2028 CA 73,000 $75,229.42
084423102 WR BERKLEY CORP US WRB 53,177 $3,532,016.34
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 10,702 $2,481,472.74
086516101 BEST BUY INC US BBY 730 $72,846.70
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 43,040 $3,774,177.60
09247X101 BLACKROCK INC US BLK 9,169 $6,615,800.26
0963318 DECHRA PHARMACEUTICALS PLC GB DPH LN 4,870 $229,361.00
101137107 BOSTON SCIENTIFIC CORP US BSX 52,679 $1,893,810.05
105368203 BRANDYWINE REALTY TRUST US BDN 6,944 $82,703.04
110122108 BRISTOL MYERS SQUIBB CO US BMY 3,008 $186,586.24
116ESCAD6 BRUIN E&P PARTNERS LLC 0.00000 08/01/2023 US 234,000 $23.40
12467AAF5 C&S GROUP ENTERPRISES LL 5.00000 12/15/2028 US 75,000 $74,781.00
12503M108 CBOE GLOBAL MARKETS INC US CBOE 23,659 $2,203,126.08
12510GAB8 CCG 2019-1 A2 2.80000 09/14/2026 US 11,362.35 $11,537.77
12514G108 CDW CORP/DE US CDW 32,315 $4,258,793.85
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 461 $43,274.07
12555DAA3 CIM 2019-INV1 A1 4.00000 02/25/2049 US 2,826.86 $2,905.95
12572Q105 CME GROUP INC US CME 12,503 $2,276,171.15
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 4,598.57 $4,681.14
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 7,973.58 $8,170.25
12654TAA8 CNX MIDSTREAM PTR/CNX 6.50000 03/15/2026 US 53,000 $53,927.50
127097103 CABOT OIL & GAS CORP US COG 412,237 $6,711,218.36
133131102 CAMDEN PROPERTY TRUST US CPT 1,704 $170,263.68
133131AZ5 CAMDEN PROPERTY TRUST 2.80000 05/15/2030 US 17,000 $18,879.50
13321L108 CAMECO CORP CA CCJ 240,108 $3,217,447.20
14174T107 CARETRUST REIT INC US CTRE 3,441 $76,321.38
149123101 CATERPILLAR INC US CAT 969 $176,377.38
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 5,495.74 $5,519.09
16119P108 CHARTER COMMUNICATIONS INC-A US CHTR 10,780 $7,131,509.00
172062101 CINCINNATI FINANCIAL CORP US CINF 332 $29,006.84
17275R102 CISCO SYSTEMS INC US CSCO 5,379 $240,710.25
172967424 CITIGROUP INC US C 2,701 $166,543.66
172967KA8 CITIGROUP INCA 4.45000 09/29/2027 US 375,000 $443,301.82
191216100 COCA COLA CO/THE US KO 164,687 $9,031,435.08
194162103 COLGATE-PALMOLIVE CO US CL 1,610 $137,671.10
20030N101 COMCAST CORP-CL A US CMCSA 4,328 $226,787.20
20030NCY5 COMCAST CORP 3.25000 11/01/2039 US 501,000 $568,828.34
20268CAA6 CBSLT 2019-AGS A1 MTGE 2.54000 01/25/2047 US 12,015.39 $12,318.26
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 2,792 $131,531.12
20449X401 COMPASS GROUP PLC ADR GB CMPGY 180,543 $3,381,570.39
205887102 CONAGRA BRAND INC. US CAG 1,399 $50,727.74
20605P101 CONCHO RESOURCES INC US CXO 71,905 $4,195,656.75
20825C104 CONOCOPHILLIPS US COP 54,793 $2,191,172.07
21036P108 CONSTELLATION BRANDS INC-A US STZ 10,831 $2,372,530.55
21240E105 CONTROLADORA VUELA CIA DE AV MX VLRS 23,015 $285,846.30
217204106 COPART INC US CPRT 18,745 $2,385,301.25
222795502 COUSINS PROPERTIES INC US CUZ 7,573 $253,695.50
22534GAA1 CAALT 2020-1A 2.01000 02/15/2029 US 19,000 $19,425.78
22822V101 CROWN CASTLE INTL CORP US CCI 1,629 $259,320.51
22822VAN1 CROWN CASTLE INTL CORP 3.10000 11/15/2029 US 582,000 $641,325.56
229663109 CUBESMART US CUBE 2,844 $95,586.84
231021106 CUMMINS INC US CMI 379 $86,070.90
253868103 DIGITAL REALTY TRUST INC US DLR 2,593 $361,749.43
254687106 WALT DISNEY CO/THE US DIS 19,491 $3,531,379.38
256677105 DOLLAR GENERAL CORP US DG 21,025 $4,421,557.50
256746108 DOLLAR TREE STORES INC US DLTR 57,130 $6,172,325.20
25746UDG1 DOMINION ENERGY 3.37500 04/01/2030 US 295,000 $336,032.99
25960P109 DOUGLAS EMMETT INC US DEI 4,089 $119,317.02
260003108 DOVER CORP US DOV 311 $39,263.75
262006208 DREYFUS GVT CSH MANAGEMENT US 10,029,032.28 $10,029,032.28
26439XAC7 DCP MIDSTREAM OPERATING 8.12500 08/16/2030 US 63,000 $80,482.50
264411505 DUKE RLTY INVTS INC US DRE 5,494 $219,595.18
26875P101 EOG RESOURCES INC US EOG 68,605 $3,421,331.35
26884L109 EQT CORP US EQT 199,925 $2,541,046.75
26884LAG4 EQT CORP 8.75000 02/01/2030 US 60,000 $73,500.00
2715777 QUEBECOR INC -CL B CA QBR/B CN 19,925 $512,799.91
27579R104 EAST WEST BANCORP INC US EWBC 84,885 $4,304,518.35
285512109 ELECTRONIC ARTS US EA 36,762 $5,279,023.20
291011104 EMERSON ELEC CO US EMR 1,402 $112,678.74
29273RAR0 ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 542,000 $661,232.28
29275YAC6 ENERSYS 4.37500 12/15/2027 US 10,000 $10,575.00
29444U700 EQUINIX INC US EQIX 5,481 $3,914,420.58
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 3,891 $246,533.76
297178105 ESSEX PROPERTY TRUST INC US ESS 418 $99,241.56
30212P303 EXPEDIA INC US EXPE 83,492 $11,054,340.80
30212PAS4 EXPEDIA GROUP INC 6.25000 05/01/2025 US 196,000 $227,183.72
30225T102 EXTRA SPACE STORAGE INC US EXR 613 $71,022.18
30231G102 EXXON MOBIL CORP US XOM 68,775 $2,834,905.50
302491303 FMC CORP US FMC 20,328 $2,336,297.04
30264DAA7 FS ENERGY & POWER FUND 7.50000 08/15/2023 US 58,000 $55,317.50
30287EAE0 FREMF 2014-K41 B FLT 3.83296 11/25/2047 US 21,000 $23,049.17
30303M102 FACEBOOK INC -A US FB 24,402 $6,665,650.32
311900104 FASTENAL CO US FAST 1,557 $76,028.31
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 5,382.98 $6,330.29
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 5,787.07 $6,776.06
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 4,889.71 $5,406.45
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 3,930.65 $4,346.12
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 5,228.34 $5,780.90
3136AY6W8 FNA 2017-M15 A1 FLT 2.95934 09/25/2027 US 15,780.9 $17,098.31
3137AME78 FHMS K017 X1 FLT 1.28567 12/25/2021 US 232,138.68 $1,591.80
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.64100 01/01/2049 US 15,780.2 $18,497.77
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 63.48 $63.72
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 80.99 $81.43
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 4,450.21 $4,979.43
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 6,514.66 $7,201.51
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 6,133.08 $7,277.20
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 3,828.15 $4,500.39
316773100 FIFTH THIRD BANCORP US FITB 1,793 $49,433.01
32054K103 FIRST INDUSTRIAL REALTY TR US FR 3,922 $165,233.86
34461LAA2 FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 18,000 $18,861.58
345370CW8 FORD MOTOR COMPANY 9.00000 04/22/2025 US 80,000 $98,080.80
346232AE1 FORESTAR GROUP INC 5.00000 03/01/2028 US 44,000 $45,430.00
34960PAC5 FORTRESS TRANS & INFRAST 9.75000 08/01/2027 US 44,000 $50,435.00
35166FAA0 FOXTROT ESCROW ISSUER 12.25000 11/15/2026 US 53,000 $60,420.00
36257MAA3 GSMS 2019-70P A 1.15900 10/15/2036 US 19,000 $18,523.48
369550108 GENERAL DYNAMICS CORP US GD 550 $81,851.00
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 405,000 $376,751.25
370334104 GENERAL MLS INC US GIS 1,421 $83,554.80
372460105 GENUINE PARTS CO US GPC 457 $45,896.51
37255LAA5 GENWORTH MORTGAGE HLDING 6.50000 08/15/2025 US 90,000 $97,425.00
374297109 GETTY REALTY CORP US GTY 3,974 $109,443.96
375558103 GILEAD SCIENCES INC US GILD 2,057 $119,840.82
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 15,454.93 $16,218.32
383909AF5 WR GRACE & CO-CONN 5.62500 10/01/2024 US 45,000 $48,543.75
384802104 WW GRAINGER INC US GWW 113 $46,142.42
388689101 GRAPHIC PACKAGING HOLDING CO US GPK 206,645 $3,500,566.30
400501102 GRUPO AEROPORTUARIO CEN-ADR MX OMAB 29,533 $1,526,265.44
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 11,672 $1,298,976.88
40051E202 GRUPO AEROPORTUARIO DEL SURESTE MX ASR 10,203 $1,682,780.79
4012250 AIRBUS SE FR AIR FP 2,020 $221,683.30
4031976 ADIDAS AG DE ADS GR 7,070 $2,572,101.08
404119BX6 HCA INC 4.12500 06/15/2029 US 295,000 $342,224.07
416515104 HARTFORD FINL SVCS US HIG 900 $44,082.00
418751AD5 HAT HOLDINGS I LLC/HAT 3.75000 09/15/2030 US 53,000 $54,987.50
421946104 HEALTHCARE REALTY TRUST INC US HR 4,336 $128,345.60
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 5,486 $151,084.44
42250P103 HEALTHPEAK PROPERTIES INC US PEAK 7,240 $218,865.20
423012301 HEINEKEN NV-SPN ADR NL HEINY 68,760 $3,839,558.40
427866108 HERSHEY CO/THE US HSY 495 $75,403.35
42805E306 HESKA CORP US HSKA 13,410 $1,953,166.50
431571AB4 HILLENBRAND INC 5.00000 09/15/2026 US 46,000 $51,577.50
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 21,733 $2,418,013.58
437076102 HOME DEPOT INC US HD 1,291 $342,915.42
438516106 HONEYWELL INTERNATIONAL INC US HON 1,119 $238,011.30
440452100 HORMEL FOODS CORP US HRL 967 $45,071.87
443201AA6 HOWMET AEROSPACE INC 6.87500 05/01/2025 US 40,000 $46,800.00
443628AH5 HUDBAY MINERALS INC 6.12500 04/01/2029 CA 45,000 $48,487.50
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 48,000 $52,980.00
450913AF5 IAMGOLD CORP 5.75000 10/15/2028 CA 60,000 $60,900.00
45168D104 IDEXX LABORATORIES INC US IDXX 7,400 $3,699,038.00
452308109 ILLINOIS TOOL WKS INC US ITW 617 $125,793.96
45337C102 INCYTE CORP US INCY 18,305 $1,592,168.90
45569LAA9 INDIGO NATURAL RES LLC 6.87500 02/15/2026 US 53,000 $54,192.50
45682RAA8 INFRABUILD AUSTRALIA PTY 12.00000 10/01/2024 AU 71,000 $71,798.75
45778Q107 INSPERITY INC US NSP 46,921 $3,820,307.82
458140100 INTEL CORP US INTC 5,006 $249,398.92
45857P806 INTERCONTINENTAL HOTELS-ADR GB IHG 34,988 $2,278,418.56
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 41,673 $4,804,480.17
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 1,359 $171,070.92
459506101 INTERNATIONAL FLVRS & FRAGRANCES US IFF 235 $25,577.40
46116VAE5 INTL FC STORE INC 8.62500 06/15/2025 US 100,000 $108,750.00
46120E602 INTUITIVE SURGICAL INC US ISRG 2,549 $2,085,336.90
46187BAA1 IHSFR 2017-SFR2 A 1.00300 12/17/2036 US 6,296.93 $6,281.57
46187BAB9 IHSFR 2017-SFR2 B 1.30300 12/17/2036 US 5,000 $4,987.90
46187W107 INVITATION HOMES INC US INVH 12,851 $381,674.70
46284VAN1 IRON MOUNTAIN INC 4.50000 02/15/2031 US 53,000 $55,517.50
465410BX5 ITALY GOV'T INT BOND 2.37500 10/17/2024 IT 9,000 $9,464.06
46625H100 JP MORGAN CHASE & CO US JPM 2,836 $360,370.52
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 2,476.72 $2,525.55
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 5,325.35 $5,446.58
46647PBP0 JPMORGAN CHASE & CO 2.95600 05/13/2031 US 550,000 $603,125.04
46648HAC7 JPMMT 2017-2 A3 3.50000 05/25/2047 US 16,518.87 $16,870.55
478160104 JOHNSON & JOHNSON US JNJ 57,646 $9,072,327.48
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 203,000 $1,986.15
48088LAB3 JOSEPH T RYERSON & SON 8.50000 08/01/2028 US 42,000 $47,565.00
482480100 KLA-TENCOR CORPORATION US KLAC 388 $100,457.08
487526AB1 KEHE DISTRIBUTORS LLC/FI 8.62500 10/15/2026 US 71,000 $79,697.50
49427F108 KILROY REALTY CORP US KRC 3,317 $190,395.80
494368103 KIMBERLY CLARK CORP US KMB 702 $94,650.66
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 414,000 $566,480.19
501044101 KROGER CO US KR 2,000 $63,520.00
50212YAC8 LPL HOLDINGS INC 4.62500 11/15/2027 US 45,000 $46,575.00
505742AG1 LADDER CAP FIN LLLP/CORP 5.25000 10/01/2025 US 85,000 $84,787.50
5107401 BEIERSDORF AG DE BEI GR 2,625 $301,768.99
512816109 LAMAR ADVERTISING CO-A US LAMR 1,298 $108,019.56
53223X107 LIFE STORAGE INC US LSI 1,281 $152,938.59
532457108 ELI LILLY & CO US LLY 936 $158,034.24
539830109 LOCKHEED MARTIN CORP US LMT 451 $160,095.98
541056AA5 LOGAN MERGER SUB INC 5.50000 09/01/2027 US 38,000 $39,805.00
54240F202 LONESTAR RES US INC NPV US 2,957 $5,381.74
550021109 LULULEMON - ADR CA LULU 13,789 $4,798,985.67
552848AG8 MGIC INVESTMENT CORP 5.25000 08/15/2028 US 76,000 $81,320.00
55303XAL9 MGM GROWTH/MGM FINANCE 3.87500 02/15/2029 US 45,000 $46,012.50
56585A102 MARATHON PETROLEUM CORP US MPC 1,663 $68,781.68
573284106 MARTIN MARIETTA MATERIALS US MLM 9,793 $2,780,918.21
57636Q104 MASTERCARD INC-CLASS A US MA 27,001 $9,637,736.94
577128AA9 MATTHEWS INTERNATIONAL C 5.25000 12/01/2025 US 70,000 $70,700.00
5852842 ACCOR SA FR AC FP 3,025 $109,749.41
58933Y105 MERCK & CO INC US MRK 3,198 $261,596.40
594918104 MICROSOFT CORP US MSFT 49,067 $10,913,482.14
595112103 MICRON TECHNOLOGY INC US MU 102,661 $7,718,053.98
59522J103 MID-AMERICA APARTMENT COMM US MAA 2,306 $292,147.14
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 162,085 $9,477,109.95
615369105 MOODY'S CORPORATION US MCO 14,423 $4,186,131.52
61965RAA3 MOSS CREEK RESOURCES HLD 7.50000 01/15/2026 US 76,000 $57,760.00
62913TAJ1 NGL ENRGY PART LP/FIN CO 7.50000 11/01/2023 US 65,000 $46,028.13
6321954 TRAVELSKY TECHNOLOGY LTD-H CN 696 HK 141,000 $340,643.70
63938CAH1 NAVIENT CORP 6.75000 06/25/2025 US 63,000 $68,512.50
63938EAC8 NAVSL 2014-1 A3 FLT 0.65800 06/25/2031 US 15,199.26 $14,861.99
63938NAF1 NAVIOS SA LOGIST/FIN US 10.75000 07/01/2025 MUL 45,000 $48,150.00
63940YAA4 NAVSL 2019-CA A1 2.82000 02/15/2068 US 1,514.12 $1,517.68
64032XAA3 NSLT 2012-3A A MTGE FLT 0.84800 02/25/2045 US 15,814.48 $15,615.51
64033GAA9 NSLT 2013-5A A MTGE FLT 0.77800 01/25/2037 US 15,615.9 $15,436.75
64033QAB5 NSLT 2015-2A A2 0.74800 09/25/2047 US 32,058.56 $31,514.17
64110D104 NETAPP INC US NTAP 601 $39,810.24
644393AA8 NEW FORTRESS ENERGY INC 6.75000 09/15/2025 US 96,000 $101,969.28
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 3,916.93 $4,196.47
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 5,698.55 $6,072.49
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 6,280.76 $6,692.31
64971XPG7 NEW YORK CITY NY TRANSITIONALFIN 1.58000 05/01/2024 US 125,000 $128,776.25
654106103 NIKE INC CLASS B US NKE 32,605 $4,612,629.35
655844108 NORFOLK SOUTHN CORP US NSC 14,351 $3,409,941.11
6642321 NIKON CORP JP 7731 JP 214,500 $1,355,185.02
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 220,000 $1,485.00
66987V109 NOVARTIS AG- REG CH NVS 52,264 $4,935,289.52
670346105 NUCOR CORP US NUE 1,021 $54,306.99
6742340 SHANDONG WEIGAO CN 1066 HK 200,000 $452,483.10
674599EA9 OCCIDENTAL PETROLEUM COR 8.87500 07/15/2030 US 35,000 $41,081.25
675232AB8 OCEANEERING INTL INC 6.00000 02/01/2028 US 76,000 $67,925.00
6821506 SONY CORP FIRST SECTION JP 6758 JP 3,600 $362,765.12
68389X105 ORACLE CORP US ORCL 2,784 $180,096.96
691205AC2 OWL ROCK TECHNOLOGY FINA 4.75000 12/15/2025 US 55,000 $57,433.47
691205AE8 OWL ROCK TECHNOLOGY 3.75000 06/17/2026 US 240,000 $241,302.69
69121KAE4 OWL ROCK CAPITAL CORP 3.40000 07/15/2026 US 75,000 $76,073.89
69144AAA7 OXFIN 2020-1A A2 3.10100 02/15/2028 US 16,000 $16,375.99
69145AAB4 OXFIN 2019-1A A2 4.45900 02/15/2027 US 26,000 $26,900.23
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 45,000 $44,887.50
69306RAA4 P&L DEV LLC/PLD 7.75000 11/15/2025 US 70,000 $75,250.00
69327RAJ0 PDC ENERGY INC 5.75000 05/15/2026 US 48,000 $49,560.00
693456AW5 PMTLT 2013-J1 a9 3.50000 09/25/2043 US 8,700.15 $8,896.47
693475105 PNC FINANCIAL SERVICES GROUP US PNC 592 $88,208.00
693506107 PPG INDUSTRIES INC US PPG 429 $61,870.38
69354NAC0 PRA GROUP INC 7.37500 09/01/2025 US 71,000 $76,680.00
69356MAA4 PM GENERAL PURCHASER LLC 9.50000 10/01/2028 US 60,000 $66,450.00
701094104 PARKER HANNIFIN CORP US PH 263 $71,643.83
7021963 DEUTSCHE BOERSE AG DE DB1 GR 23,745 $4,043,116.29
70450Y103 PAYPAL HOLDINGS INC US PYPL 48,795 $11,427,789.00
7123870 NESTLE SA-REGISTERED CH NESN SW 67,470 $7,975,717.33
713448108 PEPSICO INC US PEP 22,994 $3,410,010.20
717081103 PFIZER INC US PFE 7,373 $271,400.13
723787107 PIONEER NATURAL RESOURCES CO US PXD 36,685 $4,178,054.65
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 582,000 $661,475.14
74165HAB4 PRIME HEALTHCARE SERVICE 7.25000 11/01/2025 US 70,000 $74,375.00
74166MAC0 PRIME SECSRVC BRW/FINANC 5.75000 04/15/2026 US 50,000 $54,750.00
74333NAA0 PROGRESS RESIDENTIAL TRUST 3.14700 05/17/2036 US 16,886.09 $17,435.86
74340W103 PROLOGIS US PLD 7,929 $790,204.14
74460D109 PUBLIC STORAGE INC US PSA 1,293 $298,592.49
747525103 QUALCOMM INC US QCOM 1,396 $212,666.64
74834L100 QUEST DIAGNOSTICS INC US DGX 400 $47,668.00
750236AW1 RADIAN GROUP INC 4.87500 03/15/2027 US 90,000 $98,838.00
75513E101 RAYTHEON TECHNOLOGIES CORP US RTX 2,136 $152,745.36
756109104 REALTY INCOME CORP US O 1,364 $84,799.88
7591EP100 REGIONS FINANCIAL CORP. US RF 2,582 $41,621.84
76131D103 RESTAURANT BRANDS INTERN CA QSR 3,520 $215,107.20
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 2,747 $134,905.17
7698356 GETINGE AB-B SHS SE GETIB SS 21,020 $491,903.40
773903109 ROCKWELL AUTOMATION INC US ROK 267 $66,966.27
7792559 HEINEKEN NV NL HEIA NA 3,235 $360,504.88
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 43,871 $1,474,504.31
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 43,191 $4,750,146.18
78409V104 S&P GLOBAL INC US SPGI 11,366 $3,736,345.18
78410G104 SBA COMMUNICATIONS CORP US SBAC 16,399 $4,626,649.87
78442PGC4 SLM CORP 5.12500 04/05/2022 US 109,000 $111,452.50
78442PGD2 SLM CORP 4.20000 10/29/2025 US 85,000 $89,781.25
78449UAB4 SMB 2020-A A2A MTGE 2.23000 09/15/2037 US 22,000 $22,831.52
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 157.8 $158.08
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 550,000 $665,006.29
806857108 SCHLUMBERGER LTD NL SLB 99,520 $2,172,521.60
81141R100 SEA LTD - ADR SG SE 37,784 $7,520,905.20
81181C104 SEAGEN INC US SGEN 12,075 $2,114,815.50
81745BAB1 SEMT 2013-6 A2 3.00000 05/25/2043 US 8,855.15 $8,996.25
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 3,889.59 $3,951.78
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 3,409.83 $3,442.54
81748MAD0 SEMT 2020-1 A4 3.50000 02/25/2050 US 10,926.43 $11,027.38
81762P102 SERVICENOW INC US NOW 20,117 $11,073,000.31
83088M102 SKYWORKS SOLUTIONS INC US SWKS 320 $48,921.60
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 358 $41,384.80
83404RAB4 SOFI 2018-B A2FX MTGE 3.34000 08/25/2047 US 15,788.37 $16,250.09
83405TAA1 SCLP 2019-3 A MTGE 2.90000 05/25/2028 US 5,180.87 $5,235.35
83406CAA7 SCLP 2019-2 A MTGE 3.01000 04/25/2028 US 3,566.28 $3,602.18
83406TAB8 SOFI 2020-A A2FX MTGE 2.54000 05/15/2046 US 14,000 $14,465.86
835699307 SONY CORP SPONSORED ADR JP SNE 47,915 $4,844,206.50
844741BJ6 SOUTHWEST AIRLINES CO 5.25000 05/04/2025 US 16,000 $18,530.57
85172FAN9 SPRINGLEAF FINANCE CORP 7.12500 03/15/2026 US 53,000 $62,672.50
85254J102 STAG INDUSTRIAL INC US STAG 2,827 $88,541.64
854502101 STANLEY WORKS/THE US SWK 298 $53,210.88
85571BAL9 STARWOOD PROPERTY TRUST 4.75000 03/15/2025 US 76,000 $77,900.00
85571XAA5 SRPT 2014-STAR A FLTG RATE 1.62863 11/15/2027 US 15,954.15 $10,529.74
861036AA9 STL HOLDING CO LLC 7.50000 02/15/2026 US 90,000 $93,375.00
866674104 SUN COMMUNITIES US SUI 2,335 $354,803.25
86935CAA0 SCML 2019-SBC8 2.86000 04/25/2041 US 13,052.81 $13,175.84
87105L104 SWITCH INC - A US SWCH 12,569 $205,754.53
871829107 SYSCO CORP US SYY 1,051 $78,047.26
874039100 TAIWAN SEMICONDUCTOR - SP ADR TW TSM 2,385 $260,060.40
87422VAA6 TALEN ENERGY SUPPLY LLC 6.50000 06/01/2025 US 45,000 $36,675.00
87485LAA2 TALOS PRODUCTION INC 12.00000 01/15/2026 US 50,000 $48,648.50
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 935.9 $937.99
87901JAE5 TEGNA INC 4.62500 03/15/2028 US 50,000 $51,125.00
88032WAN6 TENCENT HOLDINGS 3.97500 04/11/2029 KY 490,000 $558,297.06
88146M101 TERRENO REALTY CORP US TRNO 2,007 $117,429.57
882508104 TEXAS INSTRUMENTS INC US TXN 1,437 $235,854.81
883556102 THERMO FISHER SCIENTIFIC INC US TMO 6,545 $3,048,530.10
88579Y101 3M CO US MMM 956 $167,099.24
89151E109 TOTAL S A SPONSORED ADR FR TOT 26,454 $1,108,687.14
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 9,196.11 $9,374.89
89173FAA8 TPMT 2017-1 A1 2.75000 10/25/2056 US 9,556.74 $9,794.72
89177EAA7 TPMT 2019-HY1 A1 1.14800 10/25/2048 US 9,198.24 $9,233.99
89417E109 TRAVELLERS COS INC US TRV 521 $73,132.77
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 12,892.68 $13,291.20
89613GAA4 TAH 2020-SFR1 A 1.49900 07/17/2038 US 26,000 $26,277.01
89832Q109 TRUIST FINANCIAL CORP US TFC 2,557 $122,557.01
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 115,000 $112,700.00
902494103 TYSON FOODS INC -CL A US TSN 855 $55,096.20
902653104 UDR INC US UDR 4,383 $168,438.69
902973304 U.S. BANCORP US USB 2,684 $125,047.56
904767704 UNILEVER PLC - ADR GB UL 102,743 $6,201,567.48
907818108 UNION PAC CORP US UNP 1,046 $217,798.12
909214BV9 UNISYS CORP 6.87500 11/01/2027 US 45,000 $49,162.50
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,840,000 $2,409,609.37
9128282A7 UNITED STATES TREAS NTS 1.50000 08/15/2026 US 13,958,000 $14,779,668.24
9128284P2 US TREASURY N/B 2.62500 05/15/2021 US 4,240,000 $4,278,756.23
91324P102 UNITEDHEALTH GROUP INC US UNH 12,429 $4,358,601.72
918204108 VF CORP US VFC 964 $82,335.24
91913Y100 VALERO ENERGY US VLO 996 $56,343.72
92343VCV4 VERIZON COMMUNICATIONS 4.27200 01/15/2036 US 550,000 $682,154.25
92511U102 VERRA MOBILITY CORP US VRRM 219,325 $2,943,341.50
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 14,977 $3,539,664.18
92556V106 VIATRIS INC US VTRS 849 $15,910.26
92826C839 VISA INC - CLASS A SHARES US V 32,485 $7,105,444.05
92826CAK8 VISA INC 2.70000 04/15/2040 US 21,000 $22,924.26
92837TAA0 AUSTIN BIDCO INC 7.12500 12/15/2028 US 15,000 $15,656.25
929160109 VULCAN MATERIALS CO US VMC 25,643 $3,803,113.33
93065PAA9 WBHT 2019-WBM A FLT 1.20900 12/15/2033 US 15,000 $14,588.49
931142103 WAL MART STORES US WMT 2,724 $392,664.60
94106L109 WASTE MANAGEMENT INC US WM 867 $102,245.31
949746101 WELLS FARGO COMPANY US WFC 5,561 $167,830.98
95040Q104 WELLTOWER INC. US WELL 1,522 $98,351.64
955306105 WEST PHARMACEUTICAL SERVICES US WST 6,661 $1,887,127.91
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 65,000 $70,947.50
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 403,000 $459,837.74
98311A105 WYNDHAM HOTELS & RESORTS INC US WH 1,535 $91,240.40
98978V103 ZOETIS INC US ZTS 9,920 $1,641,760.00
B02J639 ADMIRAL GROUP PLC GB ADM LN 17,850 $705,822.08
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 23,800 $153,531.80
B1Y47Y7 GERRESHEIMER AG DE GXI GR 1,700 $183,325.50
B1Y9TB3 DANONE FR BN FP 6,441 $423,857.47
B3QJ0H8 TOURMALINE OIL CORP CA TOU CN 40,905 $551,441.43
B4YVF56 BRENNTAG AG DE BNR GR 52,200 $4,059,152.05
B63QM77 NEXON CO LTD JP 3659 JP 162,400 $5,010,836.84
BBQ3850 KEYWORDS STUDIOS PLC IE KWS LN 4,621 $180,449.93
BD6K457 COMPASS GROUP PLC GB CPG LN 11,140 $207,776.12
BFZZM64 S4 CAPITAL PLC GB SFOR LN 55,195 $377,395.81
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 48,936 $68,989.19
BHJYC05 INTERCONTINENTAL HOTELS GROUP GB IHG LN 1,630 $105,648.54
BJ2KSG2 AKZO NOBEL NL AKZA NA 1,441 $154,669.16
BK0939417 AMERICAN TANKER INC 7.75000 07/02/2025 US 85,000 $85,174.25
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 95,334 $6,859,643.39
BMXKJ81 FLAGSHIP COMMUNITIES REIT UT US MHC/U CN 4,192 $61,873.92
BNGN9Z1 FINECOBANK SPA IT FBK IM 47,010 $775,289.84
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 12,335 $391,510.88
BVYVFW2 AUTO TRADER GROUP PLC GB AUTO LN 27,520 $224,005.57
BW1YVH8 WALMART DE MEXICO SAB DE CV MX WALMEX* MM 12,578 $35,333.06
BYPC1T4 ASSA ABLOY AB-B SE ASSAB SS 8,400 $207,580.92
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 37,287 $2,601,392.74
BZ0VW78 BINGO INDUSTRIES LTD AU BIN AU 105,770 $198,117.64
BZ1HM42 ADYEN NV NL ADYEN NA 80 $185,883.34
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 6,214 $193,628.24
G1151C101 ACCENTURE PLC - CL A IE ACN 640 $167,174.40
G29183103 EATON CORP PLC US ETN 892 $107,164.88
G51502105 JOHNSON CONTROLS INTERNATIONAL US JCI 1,979 $92,201.61
G5494J103 LINDE PLC GB LIN 592 $155,997.92
G5960L103 MEDTRONIC INC IE MDT 47,834 $5,603,274.76
G85158106 STONECO LTD-A BR STNE 5,162 $433,195.04
G8994E103 TRANE TECHNOLOGIES IE TT 1,674 $242,997.84
G97822103 PERRIGO CO PLC IE PRGO 6,475 $289,562.00
H01301128 ALCON INC CH ALC 43,154 $2,847,300.92
H1467J104 CHUBB LTD CH CB 773 $118,980.16
H2906T109 GARMIN LTD CH GRMN 399 $47,744.34
N53745100 LYONDELLBASELL INDU-CL A US LYB 844 $77,361.04
ZO1818103 NAVIGATOR HOLDINGS LTD 8.00000 09/10/2025 MH 150,000 $154,500.00
ZO4110185 BROOGE PETROLEUM AND GAS 8.50000 09/24/2025 AE 200,000 $190,129.29

Investments will change over time.

Distributions

  • Pro-Blend® Maximum Term Series Class L Distribution History
  • 2020 Distribution Calendar
  • Fourth Quarter 2020 Distributions
  • Third Quarter 2020 Distributions
  • Second Quarter 2020 Distributions
  • First Quarter 2020 Distributions
  • Tax Letter
  • Target 2045 Merger into Pro Blend Maximum
  • Target 2050 Merger into Pro Blend Maximum
  • Target 2055 Merger into Pro Blend Maximum
  • Target 2060 Merger into Pro Blend Maximum

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...