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

$13.94

Daily $ Change

-$0.02

Daily % Change

-0.14%

as of 07/19/2018

Ticker

MNHRX

CUSIP

563821560

Inception Date

06/30/2010

Investment Minimum

$2,000.00

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

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-3/20/18

Performance

As of 06/30/2018

YTD

3.33%

1 Year

13.04%

3 Year

7.91%

5 Year

8.93%

10 Year

7.47%

Inception
(11/01/1995)

8.85%

US Stock Market Cycle (04/01/2000 - 06/30/2018)

7.04%

Inception performance is based on the Pro-Blend® Maximum Term Series Class S inception of 11/01/1995. For periods through 06/30/2010 (the inception date of the Class R shares), performance for the Class R shares is hypothetical and is based on the historical performance of the Class S shares adjusted for the Class R 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 1.35%*

Includes a 12b-1 fee of 0.50%, of which up to 0.25% is available as a shareholder servicing fee.

Top Ten Investments

As of 06/30/2018

TREASURY NOTES 4.03%
FACEBOOK INC -A 3.01%
SERVICENOW INC 2.07%
INCYTE CORP 2.02%
QORVO INC 1.92%
BOOKING HOLDINGS INC 1.77%
O'REILLY AUTOMOTIVE INC 1.73%
MEDTRONIC INC 1.64%
ANHEUSER-BUSCH INBEV SA/NV 1.62%
DIAGEO PLC 1.59%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 06/30/2018

Stocks 88.33%
Bonds 10.39%
Cash 1.28%

Detailed Asset Class Allocation

As of 06/30/2018

International Equities 28.53%
Small Capitalization 2.00%
Mid Capitalization 7.42%
Large Capitalization 50.39%
Long Term Fixed Income 2.77%
Intermediate Term Fixed Income 6.68%
Short Term Fixed Income 0.93%
Cash 1.28%

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

June Fund Holdings

As of 06/30/2018

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 66,000 $70,001.25
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 440,000 $430,634.51
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 215,000 $222,525.00
004239109 ACADIA REALTY TRUST US AKR 1,170 $32,022.90
0045614 ANTOFAGASTA PLC GB ANTO LN 95,385 $1,239,260.39
0053673 ASHTEAD GROUP PLC GB AHT LN 6,080 $181,058.23
00724F101 ADOBE SYS INC US ADBE 18,530 $4,517,799.30
00790X101 ADVANCED DISPOSAL SERVICES US ADSW 139,945 $3,467,837.10
008492100 AGREE REALTY CORP US ADC 695 $36,675.15
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 35,000 $36,201.55
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 200 $25,234.00
01609W102 ALIBABA GROUP - ADR CN BABA 33,140 $6,148,464.20
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 750,000 $698,803.73
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 62,000 $62,310.00
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 60,000 $59,925.00
02079K107 ALPHABET INC-CL C US GOOG 2,425 $2,705,451.25
02079K305 ALPHABET INC-CL A US GOOGL 2,410 $2,721,347.90
02209S103 ALTRIA GROUP INC US MO 47,315 $2,687,018.85
023135106 AMAZON.COM INC US AMZN 2,615 $4,444,977.00
02319V103 AMBEV SA-ADR BR ABEV 614,302 $2,844,218.26
0237400 DIAGEO PLC GB DGE LN 196,315 $7,052,785.82
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 1,245 $53,385.60
0263494 BAE SYSTEMS PLC GB BA/ LN 12,730 $108,297.94
02665T306 AMERICAN HOMES 4 RENT- A US AMH 4,885 $108,349.30
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 480,000 $459,680.67
03027X100 AMERICAN TOWER REIT INC US AMT 36,675 $5,287,434.75
03064D108 AMERICOLD REALTY TRUST US COLD 890 $19,597.80
03748R101 APARTMENT INVT & MGMT CO -A US AIV 1,800 $76,140.00
03784Y200 APPLE HOSPITALITY REIT INC US APLE 2,410 $43,090.80
03969AAL4 ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 IE 200,000 $194,750.00
0405207 HALMA PLC GB HLMA LN 4,940 $88,951.03
0490656 KERRY GROUP PLC-A IE KYGA LN 1,835 $191,683.79
053332102 AUTOZONE INC US AZO 7,380 $4,951,463.40
053484101 AVALONBAY COMMUNITIES INC US AVB 1,110 $190,797.90
058498106 BALL CORP US BLL 129,312 $4,597,041.60
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 710,000 $700,878.23
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 71,748 $6,758,661.60
09062X103 BIOGEN IDEC INC US BIIB 6,945 $2,015,716.80
0922320 SMITH & NEPHEW PLC GB SN/ LN 2,415 $44,485.01
09247X101 BLACKROCK INC US BLK 11,825 $5,901,148.00
0946580 WEIR GROUP PLC/THE GB WEIR LN 11,120 $292,035.90
09627J102 BLUEROCK RESIDENTIAL GROWTH US 3,005 $26,804.60
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 650,000 $697,030.17
09857L108 BOOKING HOLDINGS INC US BKNG 3,875 $7,854,973.75
101121101 BOSTON PROPERTIES INC US BXP 970 $121,657.40
105368203 BRANDYWINE REALTY TRUST US BDN 6,085 $102,714.80
110122108 BRISTOL MYERS SQUIBB CO US BMY 29,675 $1,642,214.50
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 2,480 $125,116.00
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 90,000 $88,200.00
1248EPBR3 CCO HLDGS LLC/CAP CORP 5.50000 05/01/2026 US 50,000 $48,485.00
125269100 CF INDUSTRIES HOLDINGS INC US CF 107,080 $4,754,352.00
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 470,000 $470,376.00
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 117,000 $110,565.00
13321L108 CAMECO CORP CA CCJ 7,425 $83,531.25
134429109 CAMPBELL SOUP CO US CPB 94,221 $3,819,719.34
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 7,440 $94,711.20
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 124,000 $117,180.00
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 85,000 $82,913.25
165240102 CHESAPEAKE LODGING TRUST US CHSP 1,245 $39,391.80
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 480,000 $675,180.30
191216100 COCA COLA CO/THE US KO 109,177 $4,788,503.22
19626G108 COLONY CAPITAL INC US CLNY 5,787 $36,110.88
198287203 COLUMBIA PROPERTY TRUST INC US CXP 1,450 $32,929.50
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 1,895 $56,603.65
2112226 SAPUTO INC CA SAP CN 1,310 $43,495.61
2162760 CAE INC CA CAE CN 2,280 $47,363.79
21871N101 CORECIVIC INC US CXW 5,350 $127,811.50
21987BAK4 CODELCO INC 5.62500 09/21/2035 CL 420,000 $469,432.69
222795106 COUSINS PROPERTIES INC US CUZ 10,595 $102,665.55
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 60,000 $58,650.00
22822V101 CROWN CASTLE INTL CORP US CCI 675 $72,778.50
229663109 CUBESMART US CUBE 2,315 $74,589.30
23311RAC0 DCP MIDSTREAM OPERATING 9.75000 03/15/2019 US 35,000 $36,443.75
23331A109 DR HORTON INC US DHI 280 $11,480.00
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 65,840 $970,083.90
23918K108 DAVITA INC. US DVA 50,220 $3,487,276.80
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 94,000 $88,477.50
2392471 GRUPO BIMBO SAB- SERIES A MX BIMBOA MM 22,725 $44,293.74
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 38,165 $110,265.87
25271C102 DIAMOND OFFSHORE DRILLING US DO 84,040 $1,753,074.40
253393102 DICK'S SPORTING GOODS INC US DKS 128,055 $4,513,938.75
253868103 DIGITAL REALTY TRUST INC US DLR 1,430 $159,559.40
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 480,000 $465,573.42
2554475 MAGNA INTERNATIONAL INC CA MG CN 690 $40,130.38
2583952 METRO INC CA MRU CN 1,330 $45,211.81
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 200,000 $199,000.00
262006208 DREYFUS GVT CSH MANAGEMENT US 5,744,960.58 $5,744,960.58
2639349 GRUPO AEROPORT DEL SURESTE-B MX 5,410 $85,943.28
2643674 GRUPO MEXICO SAB DE CV-SER MX GMEXICOB MM 27,510 $77,971.72
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 102,000 $102,000.00
269246401 ETRADE FINANCIAL CORP US ETFC 75,520 $4,618,803.20
2715777 QUEBECOR INC -CL B CA QBR/B CN 91,160 $1,866,677.21
277276101 EASTGROUP PROPERTIES US EGP 240 $22,934.40
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 147,415 $3,002,908.53
285512109 ELECTRONIC ARTS US EA 38,415 $5,417,283.30
2866857 LUNDIN MINING CORP CA LUN CN 158,120 $879,212.87
294429105 EQUIFAX INC US EFX 27,170 $3,399,238.70
29444U700 EQUINIX INC US EQIX 8,405 $3,613,225.45
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 555 $51,004.50
29476L107 EQUITY RESIDENTIAL US EQR 1,785 $113,686.65
297178105 ESSEX PROPERTY TRUST INC US ESS 250 $59,767.50
30225T102 EXTRA SPACE STORAGE INC US EXR 770 $76,853.70
30303M102 FACEBOOK INC -A US FB 68,634 $13,336,958.88
31410HAQ4 MACYS RETAIL HLDGS INC 6.90000 04/01/2029 US 205,000 $220,162.53
31428X106 FEDEX CORPORATION US FDX 18,645 $4,233,533.70
3163836 INTERTEK GROUP PLC GB ITRK LN 620 $46,618.11
3174300 BURBERRY GROUP PLC GB BRBY LN 1,700 $48,314.88
32054K103 FIRST INDUSTRIAL REALTY TR US FR 1,840 $61,345.60
3208986 NEXT PLC GB NXT LN 570 $45,371.25
336130AB5 FIRST QUALITY FINANCE CO 5.00000 07/01/2025 US 65,000 $59,475.00
345605109 FOREST CITY REALTY TRUST - A US FCE/A 2,240 $51,094.40
35671D857 FREEPORT-MCMORAN INC US FCX 201,595 $3,479,529.70
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 38,000 $38,251.00
35802XAD5 FRESENIUS MED CARE II 5.62500 07/31/2019 US 450,000 $460,962.59
36174X101 GGP INC US GGP 2,400 $49,032.00
371559105 GENESEE & WYOMING INC -CL A US GWR 39,290 $3,195,062.80
374297109 GETTY REALTY CORP US GTY 1,495 $42,114.15
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 120,000 $118,500.00
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 90,000 $87,300.00
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 1,110 $103,130.10
40414L109 HCP INC US HCP 2,830 $73,070.60
4057808 L'OREAL FR OR FP 180 $44,374.87
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 120 $39,842.32
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 60,000 $57,900.00
4163437 CAP GEMINI FR CAP FP 330 $44,223.31
421946104 HEALTHCARE REALTY TRUST INC US HR 1,800 $52,344.00
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 2,055 $55,402.80
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 55,000 $54,862.50
4354134 UNITED INTERNET AG-REG SHARE DE UTDI GR 700 $39,964.29
44107P104 HOST MARRIOTT CORP US HST 4,945 $104,191.15
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 136,000 $127,500.00
4457624 TRIGANO SA FR TRI FP 940 $166,765.48
4497749 KBC GROEP NV BE KBC BB 1,090 $83,712.21
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 70,000 $67,768.75
45337C102 INCYTE CORP US INCY 133,785 $8,963,595.00
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 3,255 $33,559.05
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 153,000 $150,322.50
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 530,000 $543,394.00
46120E602 INTUITIVE SURGICAL INC US ISRG 6,610 $3,162,752.80
46187W107 INVITATION HOMES INC US INVH 4,251 $98,028.06
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 680,000 $699,127.65
476405105 JERNIGAN CAPITAL INC US JCAP 1,345 $25,635.70
478160104 JOHNSON & JOHNSON US JNJ 43,405 $5,266,762.70
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 120,000 $96,900.00
4800659 LUXOTTICA GROUP SPA IT LUX IM 700 $45,070.07
4821100 SOLVAY SA BE SOLB BB 1,470 $185,129.88
4824778 SGS SA-REG CH SGSN SW 20 $53,143.90
4834108 SCHNEIDER ELECTRIC SA FR SU FP 500 $41,583.43
4846288 SAP AG DE SAP GR 390 $45,012.99
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 590,000 $672,437.96
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 86,000 $87,935.00
50187T106 LGI HOMES INC US LGIH 195 $11,257.35
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 90,000 $89,775.00
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 85,000 $82,662.50
502160AM6 LSB INDUSTRIES 9.62500 05/01/2023 US 110,000 $110,825.00
5048566 SWEDISH MATCH AB SE SWMA SS 920 $45,467.97
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 55,000 $56,207.25
5107401 BEIERSDORF AG DE BEI GR 39,400 $4,465,921.24
512816109 LAMAR ADVERTISING CO US LAMR 515 $35,179.65
5129074 FRESENIUS MEDICAL DE FME GR 20,613 $2,075,555.45
5228658 RANDSTAD HOLDING NV NL RAND NA 3,305 $193,987.85
526057104 LENNAR CORP US LEN 225 $11,812.50
5263574 FLSMIDTH & CO A/S DK FLS DC 1,120 $66,826.23
5289837 ERSTE GROUP BANK AG AT EBS AV 2,050 $85,464.41
531172104 LIBERTY PROPERTY TRUST US LPT 1,995 $88,438.35
53223X107 LIFE STORAGE INC US LSI 270 $26,273.70
5330047 DASSAULT SYSTEMES SA FR DSY FP 1,000 $139,943.81
5458314 AKZO NOBEL NL AKZA NA 44,955 $3,834,318.74
5474008 BANKINTER S.A. ES BKT SM 12,690 $123,131.23
550021109 LULULEMON - ADR CA LULU 43,146 $5,386,778.10
55354GAF7 MSCI INC 5.37500 05/15/2027 US 55,000 $55,000.00
554382101 THE MACERICH CO US MAC 610 $34,666.30
5545670 JUNGHEINRICH AG DE JUN3 GR 2,245 $82,991.62
55616XAC1 MACYS RETAIL HLDGS INC 7.00000 02/15/2028 US 205,000 $222,547.56
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 97,000 $93,828.10
5633616 SOPRA STERIA GROUP FR SOP FP 1,095 $222,798.84
5654781 ATOS ORIGIN SA FR ATO FP 305 $41,473.00
5669354 REPSOL SA ES REP SM 7,100 $138,585.67
5671519 WOLTERS KLUWER NL WKL NA 810 $45,503.20
5699373 WIENERBERGER AG AT WIE AV 6,780 $169,118.35
5701513 ELISA OYJ FI ELISA FH 955 $44,118.55
5713422 METSO OYJ FI METSO FH 4,845 $161,605.85
5727973 SIEMENS AG-REG DE SIE GR 1,330 $175,235.48
57636Q104 MASTERCARD INC-CLASS A US MA 34,400 $6,760,288.00
5852842 ACCOR SA FR AC FP 2,450 $119,991.18
58933Y105 MERCK & CO INC US MRK 36,185 $2,196,429.50
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 80,000 $74,400.00
594918104 MICROSOFT CORP US MSFT 69,385 $6,842,054.85
59522J103 MID-AMERICA APARTMENT COMM US MAA 1,190 $119,797.30
5980613 GIVAUDAN - REG CH GIVN SW 20 $45,296.35
5999330 TELEPERFORMANCE FR TEP FP 245 $43,241.49
6054603 ASAHI KASEI CORP JP 3407 JP 3,300 $41,848.79
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 73,230 $3,002,430.00
6125286 TREND MICRO INC JP 4704 JP 800 $45,541.71
6129277 NTT DOCOMO INC JP 9437 JP 1,700 $43,320.03
6136233 HENGAN INTL GROUP CO LTD CN 1044 HK 4,500 $43,163.35
6136749 OBIC CO LTD JP 4684 JP 500 $41,308.30
6141680 ORACLE CORP JAPAN JP 4716 JP 500 $40,752.52
61744YAG3 MORGAN STANLEY FLT 3.58313 05/08/2024 US 690,000 $696,900.00
6180412 COMPUTERSHARE LTD AU CPU AU 3,360 $45,771.49
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 145,000 $144,456.25
6248990 KDDI CORP JP 9433 JP 1,700 $46,486.35
6250724 DAIKIN INDUSTRIES LTD JP 6367 JP 1,100 $131,464.41
6267058 OTSUKA CORP JP 4768 JP 1,100 $43,062.09
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 96,000 $85,931.27
6356934 FANUC LTD JP 6954 JP 391 $77,500.82
637417106 NATIONAL RETAIL PROPERTIES US NNN 925 $40,663.00
6390921 NOMURA RESEARCH INSTITUTE LT JP 4307 JP 900 $43,543.17
63938CAE8 NAVIENT CORP 7.25000 09/25/2023 US 50,000 $52,375.00
64110W102 NETEASE.COM INC- ADR CN NTES 360 $90,961.20
6429104 HITACHI LTD FIRST SECTION JP 6501 JP 12,000 $84,539.80
6446620 HYUNDAI HEAVY INDUSTRIES KR 009540 KS 400 $36,579.98
6451066 HYUNDAI MIPO DOCKYARD KR 010620 KS 515 $39,595.88
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 970 $91,820.20
6482903 KANAMOTO CO LTD JP 9678 JP 2,600 $82,092.34
6483809 KAO CORP JP 4452 JP 600 $45,732.95
6490995 KEYENCE CORP JP 6861 JP 292 $164,692.25
6496324 KOITO MANUFACTURINING CO LTD JP 7276 JP 600 $39,631.87
6518808 LION CORP JP 4912 JP 4,700 $86,001.79
65409QBB7 NIELSEN FINANCE LLC/CO 5.00000 04/15/2022 US 55,000 $54,043.00
654106103 NIKE INC CLASS B US NKE 55,885 $4,452,916.80
6555805 MAKITA CORP JP 6586 JP 900 $40,259.73
6619604 NGK SPARK PLUG CO LTD JP 5334 JP 1,600 $45,486.03
6630940 CHINA EVERBRIGHT INTL LTD HK 257 HK 79,000 $101,742.53
6640507 NIPPON PAINT HOLDINGS CO LTD JP 4612 JP 1,100 $47,305.65
6641588 NISSAN CHEMICAL INDUSTRIES JP 4021 JP 900 $41,923.85
6642387 YAMAHA CORP JP 7951 JP 1,800 $93,415.88
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 190,000 $189,525.00
66987V109 NOVARTIS AG- REG CH NVS 79,500 $6,005,430.00
67103H107 O'REILLY AUTOMOTIVE INC US ORLY 28,020 $7,665,431.40
6743882 JAPAN EXCHANGE GROUP INC JP 8697 JP 4,400 $81,611.84
6758455 RYOHIN KEIKAKU CO LTD JP 7453 JP 100 $35,132.34
6772217 SAMSUNG HEAVY INDUSTRIES KR 010140 KS 6,215 $39,797.98
6776606 SANTEN PHARMACEUTICAL CO LTD JP 4536 JP 2,600 $45,230.68
6791591 SECOM CO LTD JP 9735 JP 500 $38,341.94
680665205 OLIN CORP US OLN 89,205 $2,561,967.60
6865504 SUZUKI MOTOR CORP JP 7269 JP 2,300 $126,748.67
6895200 TOHO CO LTD JP 9602 JP 1,200 $40,192.83
6897466 TOTO LTD JP 5332 JP 800 $37,028.56
69007J106 OUTFRONT MEDIA INC US OUT 1,630 $31,703.50
6913168 GUANGDONG INVESTMENT LTD HK 270 HK 28,000 $44,313.79
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 90,000 $91,350.00
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 91,000 $86,431.80
7110902 TECAN GROUP AG-REG CH TECN SW 390 $94,646.87
7123870 NESTLE SA-REGISTERED CH NESN SW 53,020 $4,109,095.03
7145056 ENI SPA IT ENI IM 4,655 $86,310.20
7147892 TEMENOS GROUP AG-REG CH TEMN SW 610 $91,735.81
7156036 SONOVA HOLDING AG-REG CH SOON SW 260 $46,509.72
71654QCJ9 PETROLEOS MEXICANOS 6.35000 02/12/2048 MX 730,000 $658,825.00
718172109 PHILIP MORRIS INTERNATIONAL US PM 30,230 $2,440,770.20
71943U104 PHYSICIANS REALTY TRUST US DOC 6,235 $99,385.90
7212477 ESSILOR INTERNATIONAL FR EI FP 320 $45,118.84
7262610 CREDIT AGRICOLE SA FR ACA FP 5,970 $79,237.11
729640102 PLYMOUTH INDUSTRIAL REIT INC US 730 $11,680.00
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 95,000 $96,425.00
7339451 ORPEA SA FR ORP FP 1,140 $151,846.03
7380062 AAREAL BANK AG DE ARL GR 1,970 $86,426.29
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 4,235 $188,648.08
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 720,000 $700,637.41
74340W103 PROLOGIS US PLD 3,570 $234,513.30
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 440,000 $464,750.00
74460D109 PUBLIC STORAGE INC US PSA 620 $140,653.20
74736K101 QORVO INC US QRVO 106,325 $8,524,075.25
749685103 RPM INTERNATIONAL INC US RPM 61,465 $3,584,638.80
758849103 REGENCY CENTERS CORP US REG 889 $55,189.12
75886F107 REGENERON PHARMACEUTICALS INC US REGN 14,925 $5,148,975.75
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 490 $15,381.10
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 50,000 $51,187.50
7759435 ILIAD SA FR ILD FP 460 $72,581.24
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 2,560 $185,984.00
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 570 $65,111.10
78410G104 SBA COMMUNICATIONS CORP US SBAC 31,860 $5,260,723.20
78442PGC4 SLM CORP 5.12500 04/05/2022 US 75,000 $74,625.00
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 650,000 $697,121.43
80282KAS5 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 480,000 $463,447.08
806857108 SCHLUMBERGER LTD NL SLB 82,103 $5,503,364.09
808513105 CHARLES SCHWAB CORP/THE US SCHW 117,850 $6,022,135.00
81211K100 SEALED AIR CORP US SEE 101,355 $4,302,519.75
812578102 SEATTLE GENETICS INC US SGEN 56,010 $3,718,503.90
81663AAD7 SEMGROUP CORP 6.37500 03/15/2025 US 110,000 $104,500.00
81762P102 SERVICENOW INC US NOW 53,135 $9,164,193.45
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 62,000 $59,597.50
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 60,000 $60,450.00
828806109 SIMON PROPERTY GROUP INC US SPG 1,530 $260,390.70
83088M102 SKYWORKS SOLUTIONS INC US SWKS 41,105 $3,972,798.25
84265V105 SOUTHERN COPPER CORPORATION US SCCO 46,695 $2,188,594.65
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 US 74,000 $72,427.50
852061AK6 SPRINT COMMUNICATIONS 9.00000 11/15/2018 US 27,000 $27,540.00
85208M102 SPROUTS FARMERS MARKET INC US SFM 125,775 $2,775,854.25
85254J102 STAG INDUSTRIAL INC US STAG 1,975 $53,779.25
866674104 SUN COMMUNITIES US SUI 1,075 $105,221.00
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 3,830 $63,654.60
87243QAB2 TENET HEALTHCARE CORP 6.00000 10/01/2020 US 35,000 $35,962.50
874080104 TAL EDUCATION GROUP - ADR CN TAL 1,125 $41,400.00
87470LAA9 TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 US 89,000 $90,780.00
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 75,000 $66,750.00
88032WAG1 TENCENT HOLDINGS LTD 3.59500 01/19/2028 KY 490,000 $463,549.80
88146M101 TERRENO REALTY CORP US TRNO 335 $12,619.45
882508104 TEXAS INSTRUMENTS INC US TXN 30,365 $3,347,741.25
883556102 THERMO FISHER SCIENTIFIC INC US TMO 10,565 $2,188,434.10
88650V208 TIER REIT INC US TIER 2,095 $49,819.10
896356AE2 TRINIDAD DRILLING LTD 6.62500 02/15/2025 CA 97,000 $93,362.50
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 97,000 $97,121.25
902653104 UDR INC US UDR 2,820 $105,862.80
903002103 UMH PROPERTIES INC US UMH 1,820 $27,937.00
90384S303 ULTA BEAUTY INC US ULTA 17,815 $4,159,089.90
904767704 UNILEVER PLC - ADR GB UL 90,194 $4,985,924.32
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 1,748,000 $2,339,247.35
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 2,748,000 $3,482,767.96
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 1,171,779.84 $1,144,032.75
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,150,000 $1,153,369.14
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 1,126,583.64 $1,114,570.90
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 14,161,000 $13,159,219.85
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 1,139,939.59 $1,114,360.13
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 4,877,000 $4,696,589.09
91704F104 URBAN EDGE PROPERTIES US UE 4,055 $92,737.85
92276F100 VENTAS INC US VTR 830 $47,268.50
92339V100 VEREIT INC US VER 5,665 $42,147.60
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 660,000 $691,588.07
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 11,472 $1,949,781.12
92826C839 VISA INC - CLASS A SHARES US V 47,455 $6,285,414.75
929042109 VORNADO REALTY TRUST US VNO 1,755 $129,729.60
92960PAA7 W/S PACKAGING HOLDINGS 9.00000 04/15/2023 US 85,000 $86,062.50
948565AC0 WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 US 55,000 $53,556.25
94856TAA2 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 89,000 $84,327.50
95040Q104 WELLTOWER INC. US WELL 1,045 $65,511.05
962166104 WEYERHAEUSER CO US WY 992 $36,168.32
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 60,000 $60,312.00
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 54,000 $53,595.00
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 162,240 $5,918,515.20
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 200,000 $197,250.00
B0190C7 TECHTRONIC INDUSTRIES CO LTD HK 669 HK 7,000 $38,877.25
B02J639 ADMIRAL GROUP PLC GB ADM LN 1,690 $42,473.55
B037JC2 NEXITY FR NXI FP 2,810 $177,398.16
B0386J1 JYSKE BANK-REG DK JYSK DC 1,730 $94,561.66
B06JSP1 SYDBANK A/S DK SYDB DC 2,505 $85,872.07
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 240 $45,970.01
B09M9D2 KONE OYJ-B FI KNEBV FH 850 $43,218.75
B11TCY0 SCHINDLER HOLDING-PART CERT CH SCHP SW 200 $42,940.58
B11ZRK9 LEGRAND SA FR LR FP 2,090 $153,086.63
B138HB7 KAUFMAN & BROAD SA FR KOF FP 2,860 $134,682.34
B13X013 EIFFAGE FR FGR FP 1,670 $181,434.81
B15C557 TOTAL SA FR FP FP 2,245 $136,329.51
B19NLV4 EXPERIAN PLC GB EXPN LN 1,790 $44,156.80
B1CRLC4 MONDI PLC GB MNDI LN 1,630 $43,974.24
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 9,295 $176,825.07
B1HDJL2 NATIXIS FR KN FP 20,960 $148,303.82
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 10,200 $53,269.42
B1WGG93 GEBERIT AG-REG CH GEBN SW 320 $137,012.46
B1WY233 SMITHS GROUP PLC GB SMIN LN 1,950 $43,557.98
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 2,315 $128,637.99
B1XH026 VINCI SA FR DG FP 46,510 $4,464,554.05
B1Y9TB3 DANONE FR BN FP 2,261 $165,081.45
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 24,000 $126,559.38
B232R05 SK INNOVATION CO LTD KR 096770 KS 520 $94,186.75
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 2,000 $89,747.63
B283W97 CAIXABANK S.A ES CABK SM 689,875 $2,969,422.41
B3MPN59 SUN ART RETAIL GROUP LTD HK 6808 HK 38,500 $50,226.03
B3MSM28 AMADEUS IT HOLDING SA-A SHS ES AMS SM 570 $44,820.55
B3NB1P2 SUNCOR ENERGY INC CA SU CN 2,390 $97,261.63
B4Q2TX3 CHINA LONGYUAN POWER GROUP-H CN 916 HK 212,000 $170,302.05
B4R2R50 JULIUS BAER CH BAER SW 55,825 $3,269,752.33
B4WTBY3 HUANENG RENEWABLES CORP-H CN 958 HK 446,000 $147,832.66
B4YVF56 BRENNTAG AG DE BNR GR 2,327 $129,292.14
B607XS1 VERMILION ENERGY INC CA VET CN 2,615 $94,304.30
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 14,280 $183,469.90
B63QM77 NEXON CO LTD JP 3659 JP 12,800 $185,719.89
B7VQL46 FNAC DARTY SA FR FNAC FP 1,260 $119,437.27
BB22L96 KION GROUP AG DE KGX GR 1,580 $113,411.65
BD4TZK8 OCI NV NL OCI NA 4,320 $116,007.32
BD6K457 COMPASS GROUP PLC GB CPG LN 2,050 $43,697.00
BD82246 EAGLE BULK SHIPCO 8.25000 11/28/2022 MH 200,000 $203,000.00
BD97BN2 ATLAS COPCO AB-A SHS SE ATCOA SS 1,090 $31,567.00
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 98,000 $85,152.14
BDZV116 EPIROC AB-A SE EPIA SS 15,115 $158,613.21
BF2DSG3 SIKA AG-REG CH SIKA SW 600 $82,901.77
BF955D8 TELENET FINANCE LUX NOTE 5.50000 03/01/2028 LU 200,000 $182,000.00
BFMDQ58 REPSOL SA-RTS ES 7,100 $4,030.44
BFYFZP5 FERGUSON PLC CH FERG LN 540 $43,690.17
BFYM460 UNIBAIL-RODAMCO-WESTFIELD FR URW NA 775 $170,646.44
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 26,485 $46,393.83
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 133,000 $149,685.98
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 81,709 $4,103,050.35
BNBNSG0 EURONEXT NV NL ENX FP 3,300 $209,113.57
BNGN9Z1 FINECOBANK SPA IT FBK IM 282,925 $3,184,907.32
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 111,015 $3,780,522.48
BQRRZ00 RECRUIT HOLDINGS CO LTD JP 6098 JP 1,600 $44,189.86
BSBMKM2 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 46,000 $82,603.17
BVSS790 ELIS SA FR ELIS FP 5,870 $134,237.13
BYM4063 BECLE SAB DE CV MX 29,675 $42,763.74
BYPC1T4 ASSA ABLOY AB-B SE ASSAB SS 2,050 $43,483.79
BYQ32R1 NEMAK SAB DE CV MX 124,400 $85,500.43
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 58,000 $41,034.05
BYXS699 QIAGEN N.V. NL QIA GR 2,668 $96,712.91
BYY8LS2 MAISONS DU MONDE SA FR MDM FP 2,275 $83,660.66
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 71,147 $7,176,249.62
BYZ43T4 EUROBANK ERGASIAS SA GR EUROB GA 85,910 $89,327.20
BYZFYS3 SPIE SA FR SPIE FP 8,330 $168,609.20
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 17,460 $146,813.73
BYZWX76 CRODA INTERNATIONAL PLC GB CRDA LN 2,722 $171,967.96
BZ3C3Q4 BANKIA SA ES BKIA SM 492,783 $1,837,624.64
BZCNN35 BANCO COMERCIAL PORTUGUES-R PT BCP PL 252,150 $75,400.89
G02602103 AMDOCS LTD GG DOX 67,105 $4,441,679.95
G06242104 ATLASSIAN CORP PLC-CLASS A AU TEAM 31,740 $1,984,384.80
G0750C108 AXALTA COATING SYSTEMS LTD US AXTA 99,650 $3,020,391.50
G27358103 DESPEGAR.COM CORP AR DESP 1,285 $26,946.45
G3157S106 ENSCO INTERNATIONAL INC US ESV 344,000 $2,497,440.00
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 110,000 $114,125.00
G5960L103 MEDTRONIC INC IE MDT 84,810 $7,260,584.10
G68707101 PAGSEGURO DIGITAL LTD-CL A BR PAGS 60,760 $1,686,090.00
G97822103 PERRIGO CO PLC IE PRGO 53,115 $3,872,614.65
H8817H100 TRANSOCEAN LTD US RIG 175,225 $2,355,024.00
N47279109 INTERXION HOLDING NX NL INXN 2,100 $131,082.00
N72482123 QIAGEN N.V. ADR NL QGEN 84,583 $3,058,521.28

Investments will change over time.

A Word About Risk

All investments involve risks, including possible loss of principal. Because the fund invests in both stocks and bonds, the value of your investment will fluctuate in response to stock market movements and changes in interest rates. Investing in the fund will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk. Investments in options and futures, like all derivatives, can be highly volatile and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. Also, the use of leverage increases exposure to the market and may magnify potential losses.

Daily Price

$13.94

Daily $ Change

-$0.02

Daily % Change

-0.14%

as of 07/19/2018

Ticker

MNHRX

CUSIP

563821560

Inception Date

06/30/2010

Investment Minimum

$2,000.00

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

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms
XBRL-3/20/18

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 06/30/2018

YTD

3.33%

1 Year

13.04%

3 Year

7.91%

5 Year

8.93%

10 Year

7.47%

Inception
(11/01/1995)

8.85%

US Stock Market Cycle (04/01/2000 - 06/30/2018)

7.04%

Inception performance is based on the Pro-Blend® Maximum Term Series Class S inception of 11/01/1995. For periods through 06/30/2010 (the inception date of the Class R shares), performance for the Class R shares is hypothetical and is based on the historical performance of the Class S shares adjusted for the Class R 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 1.35%*

Includes a 12b-1 fee of 0.50%, of which up to 0.25% is available as a shareholder servicing fee.

Top Ten Investments

As of 06/30/2018

TREASURY NOTES 4.03%
FACEBOOK INC -A 3.01%
SERVICENOW INC 2.07%
INCYTE CORP 2.02%
QORVO INC 1.92%
BOOKING HOLDINGS INC 1.77%
O'REILLY AUTOMOTIVE INC 1.73%
MEDTRONIC INC 1.64%
ANHEUSER-BUSCH INBEV SA/NV 1.62%
DIAGEO PLC 1.59%

This investment list is unaudited and excludes cash.

Asset Allocation

As of 06/30/2018

Stocks
88.33%
Bonds
10.39%
Cash
1.28%

Detailed Asset Class Allocation

As of 06/30/2018

International Equities
28.53%
Small Capitalization
2.00%
Mid Capitalization
7.42%
Large Capitalization
50.39%
Long Term Fixed Income
2.77%
Intermediate Term Fixed Income
6.68%
Short Term Fixed Income
0.93%
Cash
1.28%

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

June Fund Holdings

As of 06/30/2018

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00163UAB2 AMAG PHARMACEUTICALS INC 7.87500 09/01/2023 US 66,000 $70,001.25
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 440,000 $430,634.51
00289XAA7 ABENGOA YIELD PLC 7.00000 11/15/2019 GB 215,000 $222,525.00
004239109 ACADIA REALTY TRUST US AKR 1,170 $32,022.90
0045614 ANTOFAGASTA PLC GB ANTO LN 95,385 $1,239,260.39
0053673 ASHTEAD GROUP PLC GB AHT LN 6,080 $181,058.23
00724F101 ADOBE SYS INC US ADBE 18,530 $4,517,799.30
00790X101 ADVANCED DISPOSAL SERVICES US ADSW 139,945 $3,467,837.10
008492100 AGREE REALTY CORP US ADC 695 $36,675.15
00928QAK7 AIRCASTLE LTD 6.25000 12/01/2019 BM 35,000 $36,201.55
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 200 $25,234.00
01609W102 ALIBABA GROUP - ADR CN BABA 33,140 $6,148,464.20
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 750,000 $698,803.73
01748XAA0 ALLEGIANT TRAVEL CO 5.50000 07/15/2019 US 62,000 $62,310.00
02005NAT7 ALLY FINANCIAL INC 3.50000 01/27/2019 US 60,000 $59,925.00
02079K107 ALPHABET INC-CL C US GOOG 2,425 $2,705,451.25
02079K305 ALPHABET INC-CL A US GOOGL 2,410 $2,721,347.90
02209S103 ALTRIA GROUP INC US MO 47,315 $2,687,018.85
023135106 AMAZON.COM INC US AMZN 2,615 $4,444,977.00
02319V103 AMBEV SA-ADR BR ABEV 614,302 $2,844,218.26
0237400 DIAGEO PLC GB DGE LN 196,315 $7,052,785.82
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 1,245 $53,385.60
0263494 BAE SYSTEMS PLC GB BA/ LN 12,730 $108,297.94
02665T306 AMERICAN HOMES 4 RENT- A US AMH 4,885 $108,349.30
02666TAA5 AMERICAN HOMES 4 RENT 4.25000 02/15/2028 US 480,000 $459,680.67
03027X100 AMERICAN TOWER REIT INC US AMT 36,675 $5,287,434.75
03064D108 AMERICOLD REALTY TRUST US COLD 890 $19,597.80
03748R101 APARTMENT INVT & MGMT CO -A US AIV 1,800 $76,140.00
03784Y200 APPLE HOSPITALITY REIT INC US APLE 2,410 $43,090.80
03969AAL4 ARDAGH PKG FIN/HLDGS USA 6.00000 02/15/2025 IE 200,000 $194,750.00
0405207 HALMA PLC GB HLMA LN 4,940 $88,951.03
0490656 KERRY GROUP PLC-A IE KYGA LN 1,835 $191,683.79
053332102 AUTOZONE INC US AZO 7,380 $4,951,463.40
053484101 AVALONBAY COMMUNITIES INC US AVB 1,110 $190,797.90
058498106 BALL CORP US BLL 129,312 $4,597,041.60
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 710,000 $700,878.23
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 71,748 $6,758,661.60
09062X103 BIOGEN IDEC INC US BIIB 6,945 $2,015,716.80
0922320 SMITH & NEPHEW PLC GB SN/ LN 2,415 $44,485.01
09247X101 BLACKROCK INC US BLK 11,825 $5,901,148.00
0946580 WEIR GROUP PLC/THE GB WEIR LN 11,120 $292,035.90
09627J102 BLUEROCK RESIDENTIAL GROWTH US 3,005 $26,804.60
096630AE8 BOARDWALK PIPELINES LP 5.95000 06/01/2026 US 650,000 $697,030.17
09857L108 BOOKING HOLDINGS INC US BKNG 3,875 $7,854,973.75
101121101 BOSTON PROPERTIES INC US BXP 970 $121,657.40
105368203 BRANDYWINE REALTY TRUST US BDN 6,085 $102,714.80
110122108 BRISTOL MYERS SQUIBB CO US BMY 29,675 $1,642,214.50
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 2,480 $125,116.00
12467AAD0 C&S GROUP ENTERPRISES 5.37500 07/15/2022 US 90,000 $88,200.00
1248EPBR3 CCO HLDGS LLC/CAP CORP 5.50000 05/01/2026 US 50,000 $48,485.00
125269100 CF INDUSTRIES HOLDINGS INC US CF 107,080 $4,754,352.00
12592BAB0 CNH INDUSTRIAL CAPITAL L 3.37500 07/15/2019 US 470,000 $470,376.00
126307AH0 CSC HOLDINGS LLC 5.25000 06/01/2024 US 117,000 $110,565.00
13321L108 CAMECO CORP CA CCJ 7,425 $83,531.25
134429109 CAMPBELL SOUP CO US CPB 94,221 $3,819,719.34
14912Y202 CATCHMARK TIMBER TRUST INC US CTT 7,440 $94,711.20
156504AH5 CENTURY COMMUNITIES 5.87500 07/15/2025 US 124,000 $117,180.00
16411QAA9 CHENIERE ENERGY PARTNERS 5.25000 10/01/2025 US 85,000 $82,913.25
165240102 CHESAPEAKE LODGING TRUST US CHSP 1,245 $39,391.80
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 480,000 $675,180.30
191216100 COCA COLA CO/THE US KO 109,177 $4,788,503.22
19626G108 COLONY CAPITAL INC US CLNY 5,787 $36,110.88
198287203 COLUMBIA PROPERTY TRUST INC US CXP 1,450 $32,929.50
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 1,895 $56,603.65
2112226 SAPUTO INC CA SAP CN 1,310 $43,495.61
2162760 CAE INC CA CAE CN 2,280 $47,363.79
21871N101 CORECIVIC INC US CXW 5,350 $127,811.50
21987BAK4 CODELCO INC 5.62500 09/21/2035 CL 420,000 $469,432.69
222795106 COUSINS PROPERTIES INC US CUZ 10,595 $102,665.55
22663AAA7 ORTHO-CLINICAL DIAGNOSTI 6.62500 05/15/2022 US 60,000 $58,650.00
22822V101 CROWN CASTLE INTL CORP US CCI 675 $72,778.50
229663109 CUBESMART US CUBE 2,315 $74,589.30
23311RAC0 DCP MIDSTREAM OPERATING 9.75000 03/15/2019 US 35,000 $36,443.75
23331A109 DR HORTON INC US DHI 280 $11,480.00
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 65,840 $970,083.90
23918K108 DAVITA INC. US DVA 50,220 $3,487,276.80
23918KAR9 DAVITA INC 5.00000 05/01/2025 US 94,000 $88,477.50
2392471 GRUPO BIMBO SAB- SERIES A MX BIMBOA MM 22,725 $44,293.74
2434760 MEXICHEM SAB DE CV MX MEXCHEM* MM 38,165 $110,265.87
25271C102 DIAMOND OFFSHORE DRILLING US DO 84,040 $1,753,074.40
253393102 DICK'S SPORTING GOODS INC US DKS 128,055 $4,513,938.75
253868103 DIGITAL REALTY TRUST INC US DLR 1,430 $159,559.40
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 480,000 $465,573.42
2554475 MAGNA INTERNATIONAL INC CA MG CN 690 $40,130.38
2583952 METRO INC CA MRU CN 1,330 $45,211.81
26151AAA7 DRAX FINCO PLC 6.62500 11/01/2025 GB 200,000 $199,000.00
262006208 DREYFUS GVT CSH MANAGEMENT US 5,744,960.58 $5,744,960.58
2639349 GRUPO AEROPORT DEL SURESTE-B MX 5,410 $85,943.28
2643674 GRUPO MEXICO SAB DE CV-SER MX GMEXICOB MM 27,510 $77,971.72
26780TAA5 DYNAGAS LNG PARTNERS/FIN 6.25000 10/30/2019 MH 102,000 $102,000.00
269246401 ETRADE FINANCIAL CORP US ETFC 75,520 $4,618,803.20
2715777 QUEBECOR INC -CL B CA QBR/B CN 91,160 $1,866,677.21
277276101 EASTGROUP PROPERTIES US EGP 240 $22,934.40
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 147,415 $3,002,908.53
285512109 ELECTRONIC ARTS US EA 38,415 $5,417,283.30
2866857 LUNDIN MINING CORP CA LUN CN 158,120 $879,212.87
294429105 EQUIFAX INC US EFX 27,170 $3,399,238.70
29444U700 EQUINIX INC US EQIX 8,405 $3,613,225.45
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 555 $51,004.50
29476L107 EQUITY RESIDENTIAL US EQR 1,785 $113,686.65
297178105 ESSEX PROPERTY TRUST INC US ESS 250 $59,767.50
30225T102 EXTRA SPACE STORAGE INC US EXR 770 $76,853.70
30303M102 FACEBOOK INC -A US FB 68,634 $13,336,958.88
31410HAQ4 MACYS RETAIL HLDGS INC 6.90000 04/01/2029 US 205,000 $220,162.53
31428X106 FEDEX CORPORATION US FDX 18,645 $4,233,533.70
3163836 INTERTEK GROUP PLC GB ITRK LN 620 $46,618.11
3174300 BURBERRY GROUP PLC GB BRBY LN 1,700 $48,314.88
32054K103 FIRST INDUSTRIAL REALTY TR US FR 1,840 $61,345.60
3208986 NEXT PLC GB NXT LN 570 $45,371.25
336130AB5 FIRST QUALITY FINANCE CO 5.00000 07/01/2025 US 65,000 $59,475.00
345605109 FOREST CITY REALTY TRUST - A US FCE/A 2,240 $51,094.40
35671D857 FREEPORT-MCMORAN INC US FCX 201,595 $3,479,529.70
35802XAA1 FRESENIUS MED CARE US 6.50000 09/15/2018 US 38,000 $38,251.00
35802XAD5 FRESENIUS MED CARE II 5.62500 07/31/2019 US 450,000 $460,962.59
36174X101 GGP INC US GGP 2,400 $49,032.00
371559105 GENESEE & WYOMING INC -CL A US GWR 39,290 $3,195,062.80
374297109 GETTY REALTY CORP US GTY 1,495 $42,114.15
37953TAB1 GLOBAL SHIP LEASE INC 9.87500 11/15/2022 MH 120,000 $118,500.00
39807UAB2 GREYSTAR REAL ESTATE PAR 5.75000 12/01/2025 US 90,000 $87,300.00
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 1,110 $103,130.10
40414L109 HCP INC US HCP 2,830 $73,070.60
4057808 L'OREAL FR OR FP 180 $44,374.87
4061412 LVMH MOET HENNESSY LOUIS VUITTON FR MC FP 120 $39,842.32
410345AL6 HANESBRANDS INC 4.87500 05/15/2026 US 60,000 $57,900.00
4163437 CAP GEMINI FR CAP FP 330 $44,223.31
421946104 HEALTHCARE REALTY TRUST INC US HR 1,800 $52,344.00
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 2,055 $55,402.80
431318AQ7 HILCORP ENERGY I/HILCORP 5.75000 10/01/2025 US 55,000 $54,862.50
4354134 UNITED INTERNET AG-REG SHARE DE UTDI GR 700 $39,964.29
44107P104 HOST MARRIOTT CORP US HST 4,945 $104,191.15
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 136,000 $127,500.00
4457624 TRIGANO SA FR TRI FP 940 $166,765.48
4497749 KBC GROEP NV BE KBC BB 1,090 $83,712.21
45031UCD1 ISTAR INC 5.25000 09/15/2022 US 70,000 $67,768.75
45337C102 INCYTE CORP US INCY 133,785 $8,963,595.00
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 3,255 $33,559.05
45763PAE6 INMARSAT FINANCE PLC 4.87500 05/15/2022 GB 153,000 $150,322.50
459745GH2 INTL LEASE FINANCE CORP 6.25000 05/15/2019 US 530,000 $543,394.00
46120E602 INTUITIVE SURGICAL INC US ISRG 6,610 $3,162,752.80
46187W107 INVITATION HOMES INC US INVH 4,251 $98,028.06
46625HHL7 JPMORGAN CHASE & CO 6.30000 04/23/2019 US 680,000 $699,127.65
476405105 JERNIGAN CAPITAL INC US JCAP 1,345 $25,635.70
478160104 JOHNSON & JOHNSON US JNJ 43,405 $5,266,762.70
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 120,000 $96,900.00
4800659 LUXOTTICA GROUP SPA IT LUX IM 700 $45,070.07
4821100 SOLVAY SA BE SOLB BB 1,470 $185,129.88
4824778 SGS SA-REG CH SGSN SW 20 $53,143.90
4834108 SCHNEIDER ELECTRIC SA FR SU FP 500 $41,583.43
4846288 SAP AG DE SAP GR 390 $45,012.99
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 590,000 $672,437.96
497864AA6 KISSNER GR HLDG 8.37500 12/01/2022 CA 86,000 $87,935.00
50187T106 LGI HOMES INC US LGIH 195 $11,257.35
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 90,000 $89,775.00
50212YAB0 LPL HOLDINGS INC 5.75000 09/15/2025 US 85,000 $82,662.50
502160AM6 LSB INDUSTRIES 9.62500 05/01/2023 US 110,000 $110,825.00
5048566 SWEDISH MATCH AB SE SWMA SS 920 $45,467.97
505742AD8 LADDER CAP FIN LLLP/CORP 5.87500 08/01/2021 US 55,000 $56,207.25
5107401 BEIERSDORF AG DE BEI GR 39,400 $4,465,921.24
512816109 LAMAR ADVERTISING CO US LAMR 515 $35,179.65
5129074 FRESENIUS MEDICAL DE FME GR 20,613 $2,075,555.45
5228658 RANDSTAD HOLDING NV NL RAND NA 3,305 $193,987.85
526057104 LENNAR CORP US LEN 225 $11,812.50
5263574 FLSMIDTH & CO A/S DK FLS DC 1,120 $66,826.23
5289837 ERSTE GROUP BANK AG AT EBS AV 2,050 $85,464.41
531172104 LIBERTY PROPERTY TRUST US LPT 1,995 $88,438.35
53223X107 LIFE STORAGE INC US LSI 270 $26,273.70
5330047 DASSAULT SYSTEMES SA FR DSY FP 1,000 $139,943.81
5458314 AKZO NOBEL NL AKZA NA 44,955 $3,834,318.74
5474008 BANKINTER S.A. ES BKT SM 12,690 $123,131.23
550021109 LULULEMON - ADR CA LULU 43,146 $5,386,778.10
55354GAF7 MSCI INC 5.37500 05/15/2027 US 55,000 $55,000.00
554382101 THE MACERICH CO US MAC 610 $34,666.30
5545670 JUNGHEINRICH AG DE JUN3 GR 2,245 $82,991.62
55616XAC1 MACYS RETAIL HLDGS INC 7.00000 02/15/2028 US 205,000 $222,547.56
55933JAB0 MAGNACHIP SEMICONDUCTOR 6.62500 07/15/2021 US 97,000 $93,828.10
5633616 SOPRA STERIA GROUP FR SOP FP 1,095 $222,798.84
5654781 ATOS ORIGIN SA FR ATO FP 305 $41,473.00
5669354 REPSOL SA ES REP SM 7,100 $138,585.67
5671519 WOLTERS KLUWER NL WKL NA 810 $45,503.20
5699373 WIENERBERGER AG AT WIE AV 6,780 $169,118.35
5701513 ELISA OYJ FI ELISA FH 955 $44,118.55
5713422 METSO OYJ FI METSO FH 4,845 $161,605.85
5727973 SIEMENS AG-REG DE SIE GR 1,330 $175,235.48
57636Q104 MASTERCARD INC-CLASS A US MA 34,400 $6,760,288.00
5852842 ACCOR SA FR AC FP 2,450 $119,991.18
58933Y105 MERCK & CO INC US MRK 36,185 $2,196,429.50
59001ABA9 MERITAGE HOMES CORP 5.12500 06/06/2027 US 80,000 $74,400.00
594918104 MICROSOFT CORP US MSFT 69,385 $6,842,054.85
59522J103 MID-AMERICA APARTMENT COMM US MAA 1,190 $119,797.30
5980613 GIVAUDAN - REG CH GIVN SW 20 $45,296.35
5999330 TELEPERFORMANCE FR TEP FP 245 $43,241.49
6054603 ASAHI KASEI CORP JP 3407 JP 3,300 $41,848.79
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 73,230 $3,002,430.00
6125286 TREND MICRO INC JP 4704 JP 800 $45,541.71
6129277 NTT DOCOMO INC JP 9437 JP 1,700 $43,320.03
6136233 HENGAN INTL GROUP CO LTD CN 1044 HK 4,500 $43,163.35
6136749 OBIC CO LTD JP 4684 JP 500 $41,308.30
6141680 ORACLE CORP JAPAN JP 4716 JP 500 $40,752.52
61744YAG3 MORGAN STANLEY FLT 3.58313 05/08/2024 US 690,000 $696,900.00
6180412 COMPUTERSHARE LTD AU CPU AU 3,360 $45,771.49
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 145,000 $144,456.25
6248990 KDDI CORP JP 9433 JP 1,700 $46,486.35
6250724 DAIKIN INDUSTRIES LTD JP 6367 JP 1,100 $131,464.41
6267058 OTSUKA CORP JP 4768 JP 1,100 $43,062.09
6291819 CHINA PETROLEUM & CHEMICAL - H CN 386 HK 96,000 $85,931.27
6356934 FANUC LTD JP 6954 JP 391 $77,500.82
637417106 NATIONAL RETAIL PROPERTIES US NNN 925 $40,663.00
6390921 NOMURA RESEARCH INSTITUTE LT JP 4307 JP 900 $43,543.17
63938CAE8 NAVIENT CORP 7.25000 09/25/2023 US 50,000 $52,375.00
64110W102 NETEASE.COM INC- ADR CN NTES 360 $90,961.20
6429104 HITACHI LTD FIRST SECTION JP 6501 JP 12,000 $84,539.80
6446620 HYUNDAI HEAVY INDUSTRIES KR 009540 KS 400 $36,579.98
6451066 HYUNDAI MIPO DOCKYARD KR 010620 KS 515 $39,595.88
647581107 NEW ORIENTAL EDUCATIO- SP ADR CN EDU 970 $91,820.20
6482903 KANAMOTO CO LTD JP 9678 JP 2,600 $82,092.34
6483809 KAO CORP JP 4452 JP 600 $45,732.95
6490995 KEYENCE CORP JP 6861 JP 292 $164,692.25
6496324 KOITO MANUFACTURINING CO LTD JP 7276 JP 600 $39,631.87
6518808 LION CORP JP 4912 JP 4,700 $86,001.79
65409QBB7 NIELSEN FINANCE LLC/CO 5.00000 04/15/2022 US 55,000 $54,043.00
654106103 NIKE INC CLASS B US NKE 55,885 $4,452,916.80
6555805 MAKITA CORP JP 6586 JP 900 $40,259.73
6619604 NGK SPARK PLUG CO LTD JP 5334 JP 1,600 $45,486.03
6630940 CHINA EVERBRIGHT INTL LTD HK 257 HK 79,000 $101,742.53
6640507 NIPPON PAINT HOLDINGS CO LTD JP 4612 JP 1,100 $47,305.65
6641588 NISSAN CHEMICAL INDUSTRIES JP 4021 JP 900 $41,923.85
6642387 YAMAHA CORP JP 7951 JP 1,800 $93,415.88
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 190,000 $189,525.00
66987V109 NOVARTIS AG- REG CH NVS 79,500 $6,005,430.00
67103H107 O'REILLY AUTOMOTIVE INC US ORLY 28,020 $7,665,431.40
6743882 JAPAN EXCHANGE GROUP INC JP 8697 JP 4,400 $81,611.84
6758455 RYOHIN KEIKAKU CO LTD JP 7453 JP 100 $35,132.34
6772217 SAMSUNG HEAVY INDUSTRIES KR 010140 KS 6,215 $39,797.98
6776606 SANTEN PHARMACEUTICAL CO LTD JP 4536 JP 2,600 $45,230.68
6791591 SECOM CO LTD JP 9735 JP 500 $38,341.94
680665205 OLIN CORP US OLN 89,205 $2,561,967.60
6865504 SUZUKI MOTOR CORP JP 7269 JP 2,300 $126,748.67
6895200 TOHO CO LTD JP 9602 JP 1,200 $40,192.83
6897466 TOTO LTD JP 5332 JP 800 $37,028.56
69007J106 OUTFRONT MEDIA INC US OUT 1,630 $31,703.50
6913168 GUANGDONG INVESTMENT LTD HK 270 HK 28,000 $44,313.79
69145LAA2 OXFORD FIN LLC/CO-ISS II 6.37500 12/15/2022 US 90,000 $91,350.00
70014LAC4 PARK AEROSPACE HOLDINGS 4.50000 03/15/2023 KY 91,000 $86,431.80
7110902 TECAN GROUP AG-REG CH TECN SW 390 $94,646.87
7123870 NESTLE SA-REGISTERED CH NESN SW 53,020 $4,109,095.03
7145056 ENI SPA IT ENI IM 4,655 $86,310.20
7147892 TEMENOS GROUP AG-REG CH TEMN SW 610 $91,735.81
7156036 SONOVA HOLDING AG-REG CH SOON SW 260 $46,509.72
71654QCJ9 PETROLEOS MEXICANOS 6.35000 02/12/2048 MX 730,000 $658,825.00
718172109 PHILIP MORRIS INTERNATIONAL US PM 30,230 $2,440,770.20
71943U104 PHYSICIANS REALTY TRUST US DOC 6,235 $99,385.90
7212477 ESSILOR INTERNATIONAL FR EI FP 320 $45,118.84
7262610 CREDIT AGRICOLE SA FR ACA FP 5,970 $79,237.11
729640102 PLYMOUTH INDUSTRIAL REIT INC US 730 $11,680.00
733174AJ5 POPULAR INC 7.00000 07/01/2019 US 95,000 $96,425.00
7339451 ORPEA SA FR ORP FP 1,140 $151,846.03
7380062 AAREAL BANK AG DE ARL GR 1,970 $86,426.29
7380482 COMPAGNIE DE SAINT-GOBAIN FR SGO FP 4,235 $188,648.08
741503AZ9 PRICELINE GROUP INC/THE 3.60000 06/01/2026 US 720,000 $700,637.41
74340W103 PROLOGIS US PLD 3,570 $234,513.30
744320AL6 PRUDENTIAL FINANCIAL INC 5.87500 09/15/2042 US 440,000 $464,750.00
74460D109 PUBLIC STORAGE INC US PSA 620 $140,653.20
74736K101 QORVO INC US QRVO 106,325 $8,524,075.25
749685103 RPM INTERNATIONAL INC US RPM 61,465 $3,584,638.80
758849103 REGENCY CENTERS CORP US REG 889 $55,189.12
75886F107 REGENERON PHARMACEUTICALS INC US REGN 14,925 $5,148,975.75
76169C100 REXFORD INDUSTRIAL REALITY IN US REXR 490 $15,381.10
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 50,000 $51,187.50
7759435 ILIAD SA FR ILD FP 460 $72,581.24
780259107 ROYAL DUTCH SHELL PLC-ADR B NL RDS/B 2,560 $185,984.00
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 570 $65,111.10
78410G104 SBA COMMUNICATIONS CORP US SBAC 31,860 $5,260,723.20
78442PGC4 SLM CORP 5.12500 04/05/2022 US 75,000 $74,625.00
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 650,000 $697,121.43
80282KAS5 SANTANDER HOLDINGS USA 3.40000 01/18/2023 US 480,000 $463,447.08
806857108 SCHLUMBERGER LTD NL SLB 82,103 $5,503,364.09
808513105 CHARLES SCHWAB CORP/THE US SCHW 117,850 $6,022,135.00
81211K100 SEALED AIR CORP US SEE 101,355 $4,302,519.75
812578102 SEATTLE GENETICS INC US SGEN 56,010 $3,718,503.90
81663AAD7 SEMGROUP CORP 6.37500 03/15/2025 US 110,000 $104,500.00
81762P102 SERVICENOW INC US NOW 53,135 $9,164,193.45
81783QAC9 SEVEN GENERATIONS ENERGY 5.37500 09/30/2025 CA 62,000 $59,597.50
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 60,000 $60,450.00
828806109 SIMON PROPERTY GROUP INC US SPG 1,530 $260,390.70
83088M102 SKYWORKS SOLUTIONS INC US SWKS 41,105 $3,972,798.25
84265V105 SOUTHERN COPPER CORPORATION US SCCO 46,695 $2,188,594.65
845467AL3 SOUTHWESTERN ENERGY CO 6.70000 01/23/2025 US 74,000 $72,427.50
852061AK6 SPRINT COMMUNICATIONS 9.00000 11/15/2018 US 27,000 $27,540.00
85208M102 SPROUTS FARMERS MARKET INC US SFM 125,775 $2,775,854.25
85254J102 STAG INDUSTRIAL INC US STAG 1,975 $53,779.25
866674104 SUN COMMUNITIES US SUI 1,075 $105,221.00
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 3,830 $63,654.60
87243QAB2 TENET HEALTHCARE CORP 6.00000 10/01/2020 US 35,000 $35,962.50
874080104 TAL EDUCATION GROUP - ADR CN TAL 1,125 $41,400.00
87470LAA9 TALLGRASS NRG PRTNR/FIN 5.50000 09/15/2024 US 89,000 $90,780.00
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 75,000 $66,750.00
88032WAG1 TENCENT HOLDINGS LTD 3.59500 01/19/2028 KY 490,000 $463,549.80
88146M101 TERRENO REALTY CORP US TRNO 335 $12,619.45
882508104 TEXAS INSTRUMENTS INC US TXN 30,365 $3,347,741.25
883556102 THERMO FISHER SCIENTIFIC INC US TMO 10,565 $2,188,434.10
88650V208 TIER REIT INC US TIER 2,095 $49,819.10
896356AE2 TRINIDAD DRILLING LTD 6.62500 02/15/2025 CA 97,000 $93,362.50
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 97,000 $97,121.25
902653104 UDR INC US UDR 2,820 $105,862.80
903002103 UMH PROPERTIES INC US UMH 1,820 $27,937.00
90384S303 ULTA BEAUTY INC US ULTA 17,815 $4,159,089.90
904767704 UNILEVER PLC - ADR GB UL 90,194 $4,985,924.32
912810FM5 UNITED STATES TREAS BOND 6.25000 05/15/2030 US 1,748,000 $2,339,247.35
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 2,748,000 $3,482,767.96
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 1,171,779.84 $1,144,032.75
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,150,000 $1,153,369.14
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 1,126,583.64 $1,114,570.90
912828S92 US TREASURY N/B 1.25000 07/31/2023 US 14,161,000 $13,159,219.85
912828UH1 UNITED STATES TREAS INFL INDEX 0.12500 01/15/2023 US 1,139,939.59 $1,114,360.13
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 4,877,000 $4,696,589.09
91704F104 URBAN EDGE PROPERTIES US UE 4,055 $92,737.85
92276F100 VENTAS INC US VTR 830 $47,268.50
92339V100 VEREIT INC US VER 5,665 $42,147.60
92343VDV3 VERIZON COMMUNICATIONS 5.50000 03/16/2047 US 660,000 $691,588.07
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 11,472 $1,949,781.12
92826C839 VISA INC - CLASS A SHARES US V 47,455 $6,285,414.75
929042109 VORNADO REALTY TRUST US VNO 1,755 $129,729.60
92960PAA7 W/S PACKAGING HOLDINGS 9.00000 04/15/2023 US 85,000 $86,062.50
948565AC0 WEEKLEY HOMES LLC/ FINAN 6.00000 02/01/2023 US 55,000 $53,556.25
94856TAA2 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 89,000 $84,327.50
95040Q104 WELLTOWER INC. US WELL 1,045 $65,511.05
962166104 WEYERHAEUSER CO US WY 992 $36,168.32
962178AL3 TRI POINTE HOLDINGS INC 4.37500 06/15/2019 US 60,000 $60,312.00
962178AN9 TRI POINTE GROUP / HOMES 5.87500 06/15/2024 US 54,000 $53,595.00
98919V105 ZAYO GROUP HOLDINGS INC US ZAYO 162,240 $5,918,515.20
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 200,000 $197,250.00
B0190C7 TECHTRONIC INDUSTRIES CO LTD HK 669 HK 7,000 $38,877.25
B02J639 ADMIRAL GROUP PLC GB ADM LN 1,690 $42,473.55
B037JC2 NEXITY FR NXI FP 2,810 $177,398.16
B0386J1 JYSKE BANK-REG DK JYSK DC 1,730 $94,561.66
B06JSP1 SYDBANK A/S DK SYDB DC 2,505 $85,872.07
B09DHL9 MTU AERO ENGINES HOLDING AG DE MTX GR 240 $45,970.01
B09M9D2 KONE OYJ-B FI KNEBV FH 850 $43,218.75
B11TCY0 SCHINDLER HOLDING-PART CERT CH SCHP SW 200 $42,940.58
B11ZRK9 LEGRAND SA FR LR FP 2,090 $153,086.63
B138HB7 KAUFMAN & BROAD SA FR KOF FP 2,860 $134,682.34
B13X013 EIFFAGE FR FGR FP 1,670 $181,434.81
B15C557 TOTAL SA FR FP FP 2,245 $136,329.51
B19NLV4 EXPERIAN PLC GB EXPN LN 1,790 $44,156.80
B1CRLC4 MONDI PLC GB MNDI LN 1,630 $43,974.24
B1FW751 GALP ENERGIA SGPS SA PT GALP PL 9,295 $176,825.07
B1HDJL2 NATIXIS FR KN FP 20,960 $148,303.82
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 10,200 $53,269.42
B1WGG93 GEBERIT AG-REG CH GEBN SW 320 $137,012.46
B1WY233 SMITHS GROUP PLC GB SMIN LN 1,950 $43,557.98
B1XFTL2 HEXAGON AB-B SHS SE HEXAB SS 2,315 $128,637.99
B1XH026 VINCI SA FR DG FP 46,510 $4,464,554.05
B1Y9TB3 DANONE FR BN FP 2,261 $165,081.45
B1YVKN8 ANTA SPORTS PRODUCTS LTD CN 2020 HK 24,000 $126,559.38
B232R05 SK INNOVATION CO LTD KR 096770 KS 520 $94,186.75
B249GC0 MATSUMOTOKIYOSHI HOLDINGS CO JP 3088 JP 2,000 $89,747.63
B283W97 CAIXABANK S.A ES CABK SM 689,875 $2,969,422.41
B3MPN59 SUN ART RETAIL GROUP LTD HK 6808 HK 38,500 $50,226.03
B3MSM28 AMADEUS IT HOLDING SA-A SHS ES AMS SM 570 $44,820.55
B3NB1P2 SUNCOR ENERGY INC CA SU CN 2,390 $97,261.63
B4Q2TX3 CHINA LONGYUAN POWER GROUP-H CN 916 HK 212,000 $170,302.05
B4R2R50 JULIUS BAER CH BAER SW 55,825 $3,269,752.33
B4WTBY3 HUANENG RENEWABLES CORP-H CN 958 HK 446,000 $147,832.66
B4YVF56 BRENNTAG AG DE BNR GR 2,327 $129,292.14
B607XS1 VERMILION ENERGY INC CA VET CN 2,615 $94,304.30
B61JC67 TREASURY WINE ESTATES LTD AU TWE AU 14,280 $183,469.90
B63QM77 NEXON CO LTD JP 3659 JP 12,800 $185,719.89
B7VQL46 FNAC DARTY SA FR FNAC FP 1,260 $119,437.27
BB22L96 KION GROUP AG DE KGX GR 1,580 $113,411.65
BD4TZK8 OCI NV NL OCI NA 4,320 $116,007.32
BD6K457 COMPASS GROUP PLC GB CPG LN 2,050 $43,697.00
BD82246 EAGLE BULK SHIPCO 8.25000 11/28/2022 MH 200,000 $203,000.00
BD97BN2 ATLAS COPCO AB-A SHS SE ATCOA SS 1,090 $31,567.00
BDQZ7T7 WISDOM EDUCATION INTERNATION CN 6068 HK 98,000 $85,152.14
BDZV116 EPIROC AB-A SE EPIA SS 15,115 $158,613.21
BF2DSG3 SIKA AG-REG CH SIKA SW 600 $82,901.77
BF955D8 TELENET FINANCE LUX NOTE 5.50000 03/01/2028 LU 200,000 $182,000.00
BFMDQ58 REPSOL SA-RTS ES 7,100 $4,030.44
BFYFZP5 FERGUSON PLC CH FERG LN 540 $43,690.17
BFYM460 UNIBAIL-RODAMCO-WESTFIELD FR URW NA 775 $170,646.44
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 26,485 $46,393.83
BH4TZ73 FU SHOU YUAN INTERNATIONAL CN 1448 HK 133,000 $149,685.98
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 81,709 $4,103,050.35
BNBNSG0 EURONEXT NV NL ENX FP 3,300 $209,113.57
BNGN9Z1 FINECOBANK SPA IT FBK IM 282,925 $3,184,907.32
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 111,015 $3,780,522.48
BQRRZ00 RECRUIT HOLDINGS CO LTD JP 6098 JP 1,600 $44,189.86
BSBMKM2 CHINA MAPLE LEAF EDUCATIONAL CN 1317 HK 46,000 $82,603.17
BVSS790 ELIS SA FR ELIS FP 5,870 $134,237.13
BYM4063 BECLE SAB DE CV MX 29,675 $42,763.74
BYPC1T4 ASSA ABLOY AB-B SE ASSAB SS 2,050 $43,483.79
BYQ32R1 NEMAK SAB DE CV MX 124,400 $85,500.43
BYWPGC4 CHINA YUHUA EDUCATION CORP L CN 6169 HK 58,000 $41,034.05
BYXS699 QIAGEN N.V. NL QIA GR 2,668 $96,712.91
BYY8LS2 MAISONS DU MONDE SA FR MDM FP 2,275 $83,660.66
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 71,147 $7,176,249.62
BYZ43T4 EUROBANK ERGASIAS SA GR EUROB GA 85,910 $89,327.20
BYZFYS3 SPIE SA FR SPIE FP 8,330 $168,609.20
BYZFZ91 SOPHOS GROUP PLC GB SOPH LN 17,460 $146,813.73
BYZWX76 CRODA INTERNATIONAL PLC GB CRDA LN 2,722 $171,967.96
BZ3C3Q4 BANKIA SA ES BKIA SM 492,783 $1,837,624.64
BZCNN35 BANCO COMERCIAL PORTUGUES-R PT BCP PL 252,150 $75,400.89
G02602103 AMDOCS LTD GG DOX 67,105 $4,441,679.95
G06242104 ATLASSIAN CORP PLC-CLASS A AU TEAM 31,740 $1,984,384.80
G0750C108 AXALTA COATING SYSTEMS LTD US AXTA 99,650 $3,020,391.50
G27358103 DESPEGAR.COM CORP AR DESP 1,285 $26,946.45
G3157S106 ENSCO INTERNATIONAL INC US ESV 344,000 $2,497,440.00
G37585AC3 GASLOG LTD 8.87500 03/22/2022 BM 110,000 $114,125.00
G5960L103 MEDTRONIC INC IE MDT 84,810 $7,260,584.10
G68707101 PAGSEGURO DIGITAL LTD-CL A BR PAGS 60,760 $1,686,090.00
G97822103 PERRIGO CO PLC IE PRGO 53,115 $3,872,614.65
H8817H100 TRANSOCEAN LTD US RIG 175,225 $2,355,024.00
N47279109 INTERXION HOLDING NX NL INXN 2,100 $131,082.00
N72482123 QIAGEN N.V. ADR NL QGEN 84,583 $3,058,521.28

Investments will change over time.

Distributions

  • Pro-Blend® Maximum Term Series Class R Distribution History
  • 2018 Distribution Calendar
  • Fourth Quarter 2017 Distributions
  • Third Quarter 2017 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.


Loading...