Investment Objective

To provide capital growth and manage risk for investors planning to retire (or meet another investment goal) in or around the year indicated in the fund’s name.

Investment Strategy

Currently: The portfolio is currently invested in a growth-oriented mix of securities that seeks to earn a good portion of the long-term growth of the stock market with less volatility. The portfolio is diversified primarily among various stock investments in both domestic and foreign markets. A substantial portion of the portfolio may be invested in long-term, fixed income securities. Stock exposure can range from 47% - 78%.

Over Time: The portfolio’s investment mix will gradually become more conservative as the target date approaches and for several years after the target date. During the target year, the portfolio’s stock exposure can range from 20% - 60%. At five years after the target date and beyond, the focus will be on capital preservation, and stock exposure can range from 15% - 45%.

May be Appropriate for Investors

  • Who plan to stop contributions and start periodic withdrawals around the year 2035
  • Who have time to pursue growth and can accept potentially significant fluctuations in current account value
  • Who prefer to take advantage of professional management through a single, diversified investment portfolio that becomes more conservative over time

About Target Date Funds

A target date fund is a single investment portfolio designed to meet an investor’s changing needs over time. The fund gradually shifts from a more aggressive to a more conservative investment objective over the years to reflect an appropriate risk/return trade-off for the investor’s changing time horizon.

Target Series Glide Path Overview

Learn more about our Glide Range SM

Daily Price

$13.87

Daily $ Change

$0.06

Daily % Change

0.43%

as of 12/11/2019

Ticker

MTQKX

CUSIP

56382P351

Inception Date

06/25/2012

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans and participants in an automatic investment program.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms

Information on Underlying Investments

Blended Asset Series Prospectus
Blended Asset Series SAI
XBRL Blended Asset Series – 11/02/2017
Blended Asset Series Annual Report
Blended Asset Series Semi-Annual Report

The financial statements of the underlying investments should be read in conjunction with the Series’ financial statements. Beginning 10/16/2017, the underlying funds are the Manning & Napier Fund, Inc. Blended Asset Series. The Blended Asset Series are not currently available for direct investment.

Performance

As of 11/30/2019

YTD

19.28%

1 Year

13.42%

3 Year

10.22%

5 Year

5.49%

10 Year

---

Inception
(06/25/2012)

9.16%

Market Cycle

---

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 1.49%
Net 1.00%*

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

Top Ten Investments

As of 11/30/2019

TREASURY NOTES 10.47%
GOVERNMENT AGENCY 6.08%
TREASURY BONDS 5.33%
FACEBOOK INC -A 2.08%
MEDTRONIC INC 1.75%
JOHNSON & JOHNSON 1.72%
MASTERCARD INC-CLASS A 1.72%
UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 1.63%
NEXON CO LTD 1.59%
MICROSOFT CORP 1.58%

Top Ten Investments list is unaudited and excludes cash

Asset Allocation

As of 11/30/2019

Stocks 61.80%
Bonds 37.10%
Cash 1.10%

Detailed Asset Class Allocation

As of 11/30/2019

International Equities 21.03%
Small Capitalization 0.71%
Mid Capitalization 2.06%
Large Capitalization 38.00%
Long Term Fixed Income 10.96%
Intermediate Term Fixed Income 21.01%
Short Term Fixed Income 5.13%
Cash 1.10%

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

November Fund Holdings

As of 11/30/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAK2 ADT SEC CORP 6.25000 10/15/2021 US 3,599.83 $3,815.82
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 135,493.6 $148,230.81
00287Y109 ABBVIE INC US ABBV 216.67 $19,008.87
004239109 ACADIA REALTY TRUST US AKR 139.71 $3,755.49
00489LAA1 ACRISURE LLC / FIN INC 7.00000 11/15/2025 US 6,194.35 $5,554.60
00507V109 ACTIVISION INC US ATVI 8,601.21 $471,604.07
00751Y106 ADVANCE AUTO PARTS INC US AAP 801.11 $125,838.63
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 137,504.22 $147,991.25
00791GAA5 AG MERGER SUB II INC 10.75000 08/01/2027 US 6,194.35 $6,085.95
008492100 AGREE REALTY CORP US ADC 82.54 $6,172.13
013093AD1 ALBERTSONS COS LLC/SAFEW 5.75000 03/15/2025 US 4,605.14 $4,697.24
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 31.98 $5,196.91
01609W102 ALIBABA GROUP - ADR CN BABA 210.42 $42,084.08
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 133,940.09 $139,094.92
020002101 ALLSTATE CORPORATION US ALL 52.4 $5,835.22
02079K107 ALPHABET INC-CL C US GOOG 302.5 $394,748.00
02079K305 ALPHABET INC-CL A US GOOGL 301.49 $393,173.82
02209S103 ALTRIA GROUP INC US MO 1,883.08 $93,589.06
023135106 AMAZON.COM INC US AMZN 261.83 $471,501.05
02319V103 AMBEV SA-ADR BR ABEV 52,326.2 $220,293.28
0237400 DIAGEO PLC GB DGE LN 7,300.14 $298,258.64
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 228.19 $10,962.04
0263494 BAE SYSTEMS PLC GB BA/ LN 5,958.94 $44,128.46
02665T306 AMERICAN HOMES 4 RENT- A US AMH 712.77 $19,038.13
03019LAA4 AMERICAN TANKER INC 9.25000 02/22/2022 US 9,794.18 $9,989.26
03027X100 AMERICAN TOWER REIT INC US AMT 1,519.39 $325,195.89
03027XAW0 AMERICAN TOWER CORP 3.80000 08/15/2029 US 152,746.35 $162,887.67
03064D108 AMERICOLD REALTY TRUST US COLD 427.41 $16,079.17
031162100 AMGEN INC US AMGN 96.14 $22,566.59
03690AAD8 ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 US 3,599.83 $2,843.87
03690AAF3 ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 US 3,599.83 $2,780.87
03748R754 APARTMENT INVT & MGMT CO -A US AIV 375.69 $20,200.82
038222105 APPLIED MATERIALS INC US AMAT 137.23 $7,945.88
039483102 ARCHER-DANIELS-MIDLAND CO US ADM 99.72 $4,281.11
045086AF2 ASHTON WOODS USA/FINANCE 6.75000 08/01/2025 US 3,599.83 $3,649.33
053332102 AUTOZONE INC US AZO 94.59 $111,421.70
053484101 AVALONBAY COMMUNITIES INC US AVB 134.27 $28,787.77
054937107 BB&T CORP US BBT 112.91 $6,178.44
05722G100 BAKER HUGHES CO US BKR 183.09 $4,104.97
060505104 BANK OF AMERICA CORP US BAC 720.69 $24,013.28
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 203,661.8 $216,718.99
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 3,211.64 $707,524.01
086516101 BEST BUY INC US BBY 73.74 $5,946.26
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 4,222.05 $340,761.79
09247X101 BLACKROCK INC US BLK 632.57 $313,065.16
0946580 WEIR GROUP PLC/THE GB WEIR LN 2,065.29 $37,214.41
097023105 BOEING CO US BA 65 $23,802.14
09857L108 BOOKING HOLDINGS INC US BKNG 139.59 $265,786.58
101121101 BOSTON PROPERTIES INC US BXP 117.56 $16,286.29
101137107 BOSTON SCIENTIFIC CORP US BSX 2,343.19 $101,343.12
105368203 BRANDYWINE REALTY TRUST US BDN 1,057.03 $16,309.90
110122108 BRISTOL MYERS SQUIBB CO US BMY 246.49 $14,034.96
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 536.3 $21,242.83
11135F101 BROADCOM INC US AVGO 48.99 $15,491.86
11680JAA0 BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 US 3,599.83 $2,303.89
12429TAE4 BWAY HOLDING CO 7.25000 04/15/2025 US 3,599.83 $3,410.84
12503M108 CBOE GLOBAL MARKETS INC US CBOE 2,616.21 $311,067.77
12510GAB8 CCG 2019-1 A2 2.80000 09/14/2026 US 152,807.07 $153,991.23
125269100 CF INDUSTRIES HOLDINGS INC US CF 2,879.8 $133,075.47
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 46.85 $3,600.55
12555DAA3 CIM 2019-INV1 A1 4.00000 02/25/2049 US 27,358.21 $27,878.45
12572Q105 CME GROUP INC US CME 1,443.36 $292,612.39
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 36,935.8 $36,417.44
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 64,982.99 $65,838.23
126650100 CVS HEALTH CORP US CVS 199.43 $15,011.33
131477AT8 CALUMET SPECIALTY PROD 11.00000 04/15/2025 US 6,194.35 $6,233.19
133131102 CAMDEN PROPERTY TRUST US CPT 135.27 $15,089.41
13321L108 CAMECO CORP CA CCJ 3,070.88 $28,405.64
149123101 CATERPILLAR INC US CAT 84.68 $12,255.88
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 49,171.62 $49,489.53
156700AW6 CENTURYLINK INC 5.62500 04/01/2020 US 3,599.83 $3,636.15
165183BB9 CFII 2017-4A A1 2.12000 11/15/2029 US 54,035.45 $54,016.01
166764100 CHEVRON CORP US CVX 170.45 $19,964.28
17275R102 CISCO SYSTEMS INC US CSCO 501.27 $22,712.45
172967424 CITIGROUP INC US C 209.34 $15,725.47
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 71,346.63 $118,189.69
191216100 COCA COLA CO/THE US KO 11,895.3 $635,208.80
192422103 COGNEX CORP US CGNX 3,070.03 $154,053.98
194162103 COLGATE-PALMOLIVE CO US CL 1,628.36 $110,435.26
20030NCY5 COMCAST CORP 3.25000 11/01/2039 US 124,272.7 $126,178.29
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 254.55 $12,116.69
20451NAG6 COMPASS MINERALS INTERNA 6.75000 12/01/2027 US 8,788.87 $9,096.48
205887102 CONAGRA BRAND INC. US CAG 112.42 $3,245.67
222795502 COUSINS PROPERTIES INC US CUZ 683.82 $27,688.02
22546QAD9 CREDIT SUISSE AG 5.40000 01/14/2020 CH 161,438.8 $162,051.23
22822V101 CROWN CASTLE INTL CORP US CCI 94.34 $12,609.75
22822VAN1 CROWN CASTLE INTL CORP 3.10000 11/15/2029 US 14,013.62 $14,192.56
228368106 CROWN HOLDINGS INC US CCK 1,523.4 $115,625.82
231021106 CUMMINS INC US CMI 37.97 $6,942.34
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 1,016.46 $9,297.58
25271C102 DIAMOND OFFSHORE DRILLING US DO 7,428.97 $41,973.67
25277LAC0 DIAMOND SPORTS GR/DIAMON 6.62500 08/15/2027 US 6,194.35 $6,037.69
253868103 DIGITAL REALTY TRUST INC US DLR 106.31 $12,858.10
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 144,703.88 $164,761.12
256677105 DOLLAR GENERAL CORP US DG 1,286.33 $202,417.39
256746108 DOLLAR TREE STORES INC US DLTR 2,070.51 $189,369.01
25787GAC4 DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 US 7,199.66 $7,316.65
25960P109 DOUGLAS EMMETT INC US DEI 300.51 $13,243.35
260557103 DOW INC US DOW 115.03 $6,139.22
262006208 DREYFUS GVT CSH MANAGEMENT US 544,102.45 $544,102.45
2715777 QUEBECOR INC -CL B CA QBR/B CN 8,102.3 $200,925.93
277432100 EASTMAN CHEM CO US EMN 45.13 $3,536.56
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 9,627.22 $198,951.50
285512109 ELECTRONIC ARTS US EA 4,774.05 $482,226.81
2866857 LUNDIN MINING CORP CA LUN CN 8,189.4 $44,328.69
291011104 EMERSON ELEC CO US EMR 125.62 $9,278.57
29273RAR0 ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 103,841.52 $121,326.09
29413XAD9 ENVIVA PARTNERS LP/FIN C 6.50000 01/15/2026 US 6,194.35 $6,437.17
29444U700 EQUINIX INC US EQIX 756.59 $428,873.56
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 176.3 $13,059.95
29476L107 EQUITY RESIDENTIAL US EQR 213.62 $18,179.39
29670E107 ESSENTIAL PROPERTIES REALTY US EPRT 514.11 $13,413.02
297178105 ESSEX PROPERTY TRUST INC US ESS 42.24 $13,185.97
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 100,530.97 $101,096.92
30225T102 EXTRA SPACE STORAGE INC US EXR 44.95 $4,766.91
30287EAE0 FREMF 2014-K41 B FLT 3.96298 11/25/2047 US 97,515.04 $103,690.92
30291XAE2 FREMF 2014-K715 B FLT 4.11191 02/25/2046 US 94,700.17 $96,182.68
30303M102 FACEBOOK INC -A US FB 5,060.6 $1,020,419.64
30744W107 FARFETCH LTD - CLASS A GB FTCH 1,075.19 $10,708.93
311900104 FASTENAL CO US FAST 145.72 $5,175.93
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 30,959.86 $34,791.67
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 32,236.48 $36,208.64
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 27,914.46 $29,992.58
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 23,480.23 $25,228.54
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 31,886.86 $34,260.94
3131XVYW9 FEDERAL NATL MTG ASSN FR ZM2525 3.00000 12/01/2046 US 78,475.12 $80,279.50
3131YBKP2 FEDERAL NATL MTG ASSN FN ZN4802 4.00000 04/01/2049 US 147,830.85 $153,745.69
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 46,021.44 $48,687.11
3132Y33P7 FHLM POOL FG Q59805 4.50000 11/01/2048 US 60,736.11 $63,917.98
31335CCY8 FHLM POOL FG G61887 MTGE 5.00000 02/01/2049 US 70,129.91 $74,970.84
3133G6L60 FEDERAL NATL MTG ASSN FR QN0349 3.00000 08/01/2034 US 85,175.31 $87,260.08
3136AY6W8 FNA 2017-M15 A1 3.05802 09/25/2027 US 77,527.71 $80,993.47
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 57,439.56 $59,676.03
313747206 FEDERAL RLTY INVT TR SH BEN INT US FRT 30.97 $4,090.44
3137AME78 FHMS K017 X1 FLT 1.44530 12/25/2021 US 1,114,282.61 $22,993.45
3137F4YU0 FHR 4791 BA MTGE 4.00000 03/15/2044 US 56,669.45 $57,664.07
3137FG2L8 FHR 4801 BA MTGE 4.50000 05/15/2044 US 49,032.96 $49,989.50
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 51,838.03 $55,478.29
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 74,027.54 $80,200.68
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 42,680.07 $45,665.80
3138ERN30 FEDERAL NATL MTG ASSN FN AL9409 3.50000 11/01/2031 US 66,682.23 $69,348.11
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.64500 01/01/2049 US 87,462.87 $98,023.00
3138WDAY7 FEDERAL NATL MTG ASSN FN AS3622 3.50000 10/01/2044 US 196,938.41 $207,289.43
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 44,415.02 $47,758.68
3140H2PH5 FEDERAL NATL MATG ASSN FN BJ1323 3.50000 11/01/2047 US 190,278.18 $198,756.80
3140HPMQ7 FEDERAL NATIONAL MTGE FN BK9366 4.50000 08/01/2048 US 36,408.81 $38,287.24
3140JGVQ5 FEDERAL NATL MTG ASSN FN BN0622 4.50000 01/01/2049 US 101,624.34 $106,828.65
3140Q84E2 FEDERAL NATL MTG ASSN FN CA1720 5.00000 05/01/2048 US 86,739.42 $95,734.84
3140Q9D42 FEDERAL NATL MTG ASSN FN CA1922 5.00000 06/01/2048 US 83,972.18 $89,948.70
3140Q9JA2 FEDERAL NATL MTGE ASSN FN CA2056 4.50000 07/01/2048 US 89,406.69 $94,264.46
3140Q9PD9 FEDERAL NATL MTG ASSN FN CA2219 5.00000 08/01/2048 US 66,585.8 $71,323.50
3140X4JC1 FEDERAL NATL MTG ASSN FM1158 3.50000 06/01/2034 US 132,077.14 $136,920.11
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 2,956.23 $2,996.31
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 3,591.16 $3,634.93
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 29,910.49 $32,396.38
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 41,484.92 $44,549.99
31418C4F8 FEDERAL NATL MTG ASSN FN MA3521 4.00000 11/01/2048 US 141,031.42 $146,364.92
31418C4M3 FEDERAL NATL MTG ASSN FN MA3527 5.00000 11/01/2048 US 138,240.94 $147,571.39
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 57,356.59 $58,684.76
31418CYJ7 FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 122,361.19 $127,179.79
31418CZH0 FEDERAL NATL MTG ASSN FN MA3443 4.00000 08/01/2048 US 63,574.13 $65,895.52
31418DC67 FEDERAL NATL MTG ASSN FN MA3692 3.50000 07/01/2049 US 177,970.14 $182,678.99
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 35,533.07 $40,805.03
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 22,472.56 $25,252.65
315786AC7 FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 US 3,599.83 $3,815.82
316773100 FIFTH THIRD BANCORP US FITB 170.77 $5,155.53
32054K103 FIRST INDUSTRIAL REALTY TR US FR 206.1 $8,775.70
33834YAA6 FIVE POINT OP CO LP/FIVE 7.87500 11/15/2025 US 6,194.35 $6,065.32
34461LAA2 FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 82,435.39 $84,879.17
346232AD3 FORESTAR GROUP INC 8.00000 04/15/2024 US 3,599.83 $3,887.82
34960PAB7 FORTRESS TRANS & INFRAST 6.50000 10/01/2025 US 8,788.87 $9,045.24
35166FAA0 FOXTROT ESCROW ISSUER 12.25000 11/15/2026 US 6,194.35 $6,240.81
35671D857 FREEPORT-MCMORAN INC US FCX 6,355.18 $72,321.89
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 24,730.62 $24,693.13
364760108 GAP INC US GPS 125.66 $2,087.27
369550108 GENERAL DYNAMICS CORP US GD 38.72 $7,036.57
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 137,504.22 $134,508.00
370334104 GENERAL MLS INC US GIS 139.21 $7,422.82
37045XAR7 GENERAL MOTORS FINL CO 3.15000 01/15/2020 US 150,796.45 $150,849.34
372460105 GENUINE PARTS CO US GPC 45.96 $4,797.18
374297109 GETTY REALTY CORP US GTY 236.65 $7,941.96
375558103 GILEAD SCIENCES INC US GILD 217.17 $14,602.32
37960JAA6 GLOBAL AIR LEASE CO LTD 6.50000 09/15/2024 KY 6,778.25 $6,932.79
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 68,168.21 $73,605.83
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 96,517.37 $97,136.81
388689101 GRAPHIC PACKAGING HOLDING CO US GPK 16,456.86 $267,753.07
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 137.97 $13,959.47
40051E202 GRUPO AEROPORTUARIO DEL SURESTE MX ASR 114.87 $19,696.45
404119BX6 HCA INC 4.12500 06/15/2029 US 113,894.62 $119,987.91
404139AD9 HC2 HOLDINGS INC 11.50000 12/01/2021 US 2,594.52 $2,386.96
406216101 HALLIBURTON CO US HAL 17,588.27 $369,177.83
416515104 HARTFORD FINL SVCS US HIG 68.05 $4,209.55
421946104 HEALTHCARE REALTY TRUST INC US HR 360.21 $11,955.42
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 228.19 $6,925.43
42250P103 HEALTHPEAK PROPERTIES INC US PEAK 620.93 $21,657.96
427866108 HERSHEY CO/THE US HSY 47.95 $7,104.94
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 78.52 $8,244.17
437076102 HOME DEPOT INC US HD 133.27 $29,386.29
438516106 HONEYWELL INTERNATIONAL INC US HON 99.35 $17,739.57
44107P104 HOST MARRIOTT CORP US HST 445.57 $7,793.05
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 3,599.83 $3,905.82
445658107 HUNT (JB) TRANSPORT SVCS INC US JBHT 912.05 $105,451.55
450913AE8 IAMGOLD CORP 7.00000 04/15/2025 CA 6,194.35 $6,298.91
452308109 ILLINOIS TOOL WKS INC US ITW 55.84 $9,733.81
45337C102 INCYTE CORP US INCY 1,846.24 $173,841.89
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 612.4 $9,149.22
45682RAA8 INFRABUILD AUSTRALIA PTY 12.00000 10/01/2024 AU 6,194.35 $6,318.24
458140100 INTEL CORP US INTC 547.37 $31,775.09
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 3,407.24 $320,860.14
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 131.1 $17,626.14
460146103 INTERNATIONAL PAPER CO US IP 78.24 $3,625.64
46120E602 INTUITIVE SURGICAL INC US ISRG 89.34 $52,967.79
46187BAA1 IHSFR 2017-SFR2 A 2.61250 12/17/2036 US 31,062.97 $31,019.34
46187BAB9 IHSFR 2017-SFR2 B 2.91250 12/17/2036 US 24,127.43 $24,092.87
46187W107 INVITATION HOMES INC US INVH 1,009.8 $30,829.25
46625H100 JP MORGAN CHASE & CO US JPM 280.94 $37,016.08
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 20,654.06 $21,060.47
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 32,549.98 $33,054.14
46647PAY2 JPMORGAN CHASE & CO 4.02300 12/05/2024 US 99,820.28 $106,199.48
4741844 MERCK KGAA DE MRK GR 4,170.5 $486,784.92
476405105 JERNIGAN CAPITAL INC US JCAP 699.02 $12,218.91
478160104 JOHNSON & JOHNSON US JNJ 6,142.94 $844,593.30
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 7,199.66 $2,087.90
4821100 SOLVAY SA BE SOLB BB 490.7 $56,231.83
482480100 KLA-TENCOR CORPORATION US KLAC 42.1 $6,898.06
483007AJ9 KAISER ALUMINUM CORP 4.62500 03/01/2028 US 4,605.14 $4,726.72
487526AB1 KEHE DISTRIBUTORS LLC/FI 8.62500 10/15/2026 US 6,194.35 $6,442.12
487836108 KELLOGG CO US K 77.69 $5,059.07
493267108 KEYCORP US KEY 231.77 $4,494.11
49427F108 KILROY REALTY CORP US KRC 54.02 $4,496.95
494368103 KIMBERLY CLARK CORP US KMB 68.89 $9,391.97
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 125,115.52 $162,113.29
500255104 KOHLS CORP US KSS 55.39 $2,603.83
50050N103 KONTOOR BRANDS INC US KTB 5.77 $206.96
501044101 KROGER CO US KR 144.12 $3,940.14
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 7,199.66 $7,433.65
5107401 BEIERSDORF AG DE BEI GR 1,346.07 $156,984.94
512807108 LAM RESEARCH CORP US LRCX 23.99 $6,402.19
516806AD8 LAREDO PETROLEUM INC 5.62500 01/15/2022 US 4,605.14 $4,239.52
531172104 LIBERTY PROPERTY TRUST US LPT 177.2 $10,919.32
53223X107 LIFE STORAGE INC US LSI 59.35 $6,499.90
539830109 LOCKHEED MARTIN CORP US LMT 41.34 $16,167.07
54238XAC2 LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 US 3,599.83 $2,519.88
550021109 LULULEMON - ADR CA LULU 2,937.96 $663,067.94
56585A102 MARATHON PETROLEUM CORP US MPC 148.53 $9,006.71
57636Q104 MASTERCARD INC-CLASS A US MA 2,883.5 $842,645.46
57772K101 MAXIM INTEGRATED PRODUCTS US MXIM 69.32 $3,928.42
58933Y105 MERCK & CO INC US MRK 2,097.01 $182,817.73
594918104 MICROSOFT CORP US MSFT 5,119.49 $774,988.61
595112103 MICRON TECHNOLOGY INC US MU 15,412.55 $732,250.16
59522J103 MID-AMERICA APARTMENT COMM US MAA 64.54 $8,784.27
60871R209 MOLSON COORS BREWING CO -B US TAP 55.52 $2,802.53
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 11,900.46 $625,250.07
615369105 MOODY'S CORPORATION US MCO 1,422.63 $322,467.30
61965RAA3 MOSS CREEK RESOURCES HLD 7.50000 01/15/2026 US 4,605.14 $3,062.42
61965RAB1 MOSS CREEK RESOURCES HLD 10.50000 05/15/2027 US 1,005.31 $738.90
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 8,204.97 $7,876.77
6356934 FANUC LTD JP 6954 JP 63.57 $12,137.92
637417106 NATIONAL RETAIL PROPERTIES US NNN 185.83 $10,358.19
637870106 NATIONAL STORAGE AFFILIATES US NSA 147.24 $4,932.46
63938CAA6 NAVIENT CORP 5.00000 10/26/2020 US 6,194.35 $6,318.24
63940YAA4 NAVSL 2019-CA A1 2.82000 02/15/2068 US 57,986.4 $58,199.87
64110D104 NETAPP INC US NTAP 48.82 $2,958.23
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 22,694.86 $23,532.59
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 35,648.18 $36,950.51
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 37,096.94 $38,365.25
6490995 KEYENCE CORP JP 6861 JP 376.39 $128,874.02
6514442 METROPOLITAN BANK & TRUST PH MBT PM 544.32 $709.83
654106103 NIKE INC CLASS B US NKE 2,453.55 $229,382.45
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 7,199.66 $4,639.29
66987V109 NOVARTIS AG- REG CH NVS 7,876.78 $727,026.54
670346105 NUCOR CORP US NUE 86.35 $4,866.94
67059TAD7 NUSTAR LOGISTICS LP 6.75000 02/01/2021 US 3,599.83 $3,722.58
67066G104 NVIDIA CORP US NVDA 1,369.13 $296,745.95
6742340 SHANDONG WEIGAO CN 1066 HK 21,016.15 $25,363.65
674599105 OCCIDENTAL PETROLEUM CORP US OXY 122.67 $4,731.21
680665AL0 OLIN CORP 5.62500 08/01/2029 US 3,599.83 $3,752.82
681936100 OMEGA HEALTHCARE INVS INC US OHI 211.19 $8,876.39
6821506 SONY CORP FIRST SECTION JP 6758 JP 808.21 $51,287.43
69145AAB4 OXFIN 2019-1A A2 4.45900 02/15/2027 US 120,637.16 $123,478.76
7021963 DEUTSCHE BOERSE AG DE DB1 GR 1,185.39 $181,413.80
70450Y103 PAYPAL HOLDINGS INC US PYPL 2,587.59 $279,485.58
7123870 NESTLE SA-REGISTERED CH NESN SW 5,327.52 $553,235.67
713448108 PEPSICO INC US PEP 4,071.86 $553,080.09
717081103 PFIZER INC US PFE 692.53 $26,676.20
718172109 PHILIP MORRIS INTERNATIONAL US PM 1,974.17 $163,717.77
718546104 PHILLIPS 66 US PSX 68.45 $7,852.79
719245AD4 PHOTO HOLDINGS MERGER SU 8.50000 10/01/2026 US 6,194.35 $5,187.77
71943U104 PHYSICIANS REALTY TRUST US DOC 758.89 $14,563.08
729640102 PLYMOUTH INDUSTRIAL REIT INC US 275.33 $5,104.58
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 206,840.22 $221,164.62
74166MAB2 PRIME SECSRVC BRW/FINANC 5.25000 04/15/2024 US 6,194.35 $6,380.18
74166MAC0 PRIME SECSRVC BRW/FINANC 5.75000 04/15/2026 US 3,599.83 $3,760.09
74333NAA0 PROGRESS RESIDENTIAL TRUST 3.14700 05/17/2036 US 76,403.54 $77,163.03
74340W103 PROLOGIS US PLD 480.24 $43,965.95
74460D109 PUBLIC STORAGE INC US PSA 78.35 $16,507.50
74834L100 QUEST DIAGNOSTICS INC US DGX 34.5 $3,676.14
750236AW1 RADIAN GROUP INC 4.87500 03/15/2027 US 6,194.35 $6,488.58
756109104 REALTY INCOME CORP US O 66.55 $5,099.62
7591EP100 REGIONS FINANCIAL CORP. US RF 205.87 $3,425.75
76131D103 RESTAURANT BRANDS INTERN CA QSR 445.52 $29,239.59
7698356 GETINGE AB-B SHS SE GETIB SS 1,422.58 $24,696.59
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 6,194.35 $6,281.10
773903109 ROCKWELL AUTOMATION INC US ROK 21.03 $4,118.39
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 347.38 $28,943.85
78409V104 S&P GLOBAL INC US SPGI 1,234.77 $326,782.35
78410G104 SBA COMMUNICATIONS CORP US SBAC 1,365.28 $322,846.88
78442PGC4 SLM CORP 5.12500 04/05/2022 US 7,199.66 $7,424.65
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 73,732.54 $74,132.23
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 174,020.35 $199,056.29
80282KAE6 SANTANDER HOLDINGS USA 4.50000 07/17/2025 US 135,493.6 $145,768.37
806857108 SCHLUMBERGER LTD NL SLB 8,227.55 $297,837.41
81141R100 SEA LTD - ADR SG SE 8,955.69 $331,718.74
812578102 SEATTLE GENETICS INC US SGEN 1,531.82 $184,354.13
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 30,679.54 $30,914.42
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 26,578.46 $25,534.50
81762P102 SERVICENOW INC US NOW 2,563.86 $725,676.05
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 3,599.83 $3,054.28
828806109 SIMON PROPERTY GROUP INC US SPG 189.43 $28,643.76
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 33.55 $3,525.56
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 17,909.54 $17,959.97
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 3,826.35 $3,824.78
83405TAA1 SCLP 2019-3 A MTGE 2.90000 05/25/2028 US 63,117.45 $63,500.75
83406CAA7 SCLP 2019-2 A MTGE 3.01000 04/25/2028 US 47,075.89 $47,401.69
835699307 SONY CORP SPONSORED ADR JP SNE 8,974.38 $569,693.75
84265V105 SOUTHERN COPPER CORPORATION US SCCO 2,455.3 $93,375.15
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 164,810.07 $166,292.41
852061AR1 SPRINT COMMUNICATIONS 7.00000 08/15/2020 US 8,788.87 $8,999.28
85207UAE5 SPRINT CORP 7.25000 09/15/2021 US 3,599.83 $3,817.62
85207UAH8 SPRINT CORP 7.12500 06/15/2024 US 3,599.83 $3,878.82
85254J102 STAG INDUSTRIAL INC US STAG 251.37 $7,790.07
855030AN2 STAPLES INC 7.50000 04/15/2026 US 6,194.35 $6,480.84
85571XAA5 SRPT 2014-STAR A FLTG RATE 2.98538 11/15/2027 US 71,826.48 $71,690.96
858912AF5 STERICYCLE INC 5.37500 07/15/2024 US 6,194.35 $6,473.10
862121100 STORE CAPITAL CORP US STOR 191.6 $7,800.18
866674104 SUN COMMUNITIES US SUI 117.69 $19,385.16
86723CAF5 SUNCOKE ENRGY PART LP/FI 7.50000 06/15/2025 US 3,599.83 $3,257.85
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 367.64 $5,146.96
867914103 SUNTRUST BANKS INC US STI 87.68 $6,211.08
86935CAA0 SCML 2019-SBC8 2.86000 12/25/2035 US 74,984.74 $75,233.19
871829107 SYSCO CORP US SYY 108.67 $8,753.73
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 10,735.04 $10,731.05
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 4,605.14 $4,098.57
88032WAN6 TENCENT HOLDINGS 3.97500 04/11/2029 KY 115,062.42 $123,599.53
882508104 TEXAS INSTRUMENTS INC US TXN 139.45 $16,762.83
883556102 THERMO FISHER SCIENTIFIC INC US TMO 308.3 $96,790.65
88579Y101 3M CO US MMM 94.87 $16,106.29
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 59,427.49 $59,560.32
89173FAA8 TPMT 2017-1 A1 2.75000 10/25/2056 US 65,063.81 $65,333.45
89177EAA7 TPMT 2019-HY1 A1 2.70800 10/25/2048 US 59,044.25 $59,215.26
892231AA9 TOWNSQUARE MEDIA INC 6.50000 04/01/2023 US 2,594.52 $2,607.49
89417E109 TRAVELLERS COS INC US TRV 39.52 $5,403.46
89613BAA5 TAH 2016-SFR1 A 2.58900 11/17/2033 US 63,013.6 $62,882.82
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 60,147.95 $60,640.02
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 11,545.88 $11,271.67
902494103 TYSON FOODS INC -CL A US TSN 58.39 $5,248.81
902653104 UDR INC US UDR 319.3 $15,342.58
902973304 U.S. BANCORP US USB 249.73 $14,991.25
903002103 UMH PROPERTIES INC US UMH 288.64 $4,505.61
904767704 UNILEVER PLC - ADR GB UL 8,514.57 $506,531.63
907818108 UNION PAC CORP US UNP 100.33 $17,656.43
911312106 UNITED PARCEL SERVICE US UPS 146.47 $17,537.01
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 474,707.23 $668,280.24
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 217,696.18 $230,011.87
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 732,101.46 $773,596.74
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,007,509.53 $1,173,000.84
9128284P2 US TREASURY N/B 2.62500 05/15/2021 US 823,782.46 $834,852.03
9128286N5 TSY INFL IX N/B 0.50000 04/15/2024 US 321,361.88 $324,969.56
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 800,521.83 $798,267.10
912828K74 US TREASURY N/B 2.00000 08/15/2025 US 2,194,471.49 $2,232,017.53
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 971,415.77 $966,217.18
912828WJ5 US TREASURY N/B 2.50000 05/15/2024 US 925,876.86 $960,307.91
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 133,479.7 $139,491.50
913017109 UNITED TECHNOLOGIES CORP US UTX 119.5 $17,726.69
91324P102 UNITEDHEALTH GROUP INC US UNH 380.7 $106,547.42
91704F104 URBAN EDGE PROPERTIES US UE 528.72 $10,960.43
918204108 VF CORP US VFC 83.81 $7,420.69
91913Y100 VALERO ENERGY US VLO 87.49 $8,354.40
92276F100 VENTAS INC US VTR 171.98 $10,028.30
92339V100 VEREIT INC US VER 1,433.65 $13,992.39
92343VDU5 VERIZON COMMUNICATIONS 5.25000 03/16/2037 US 198,472.76 $250,800.38
92511U102 VERRA MOBILITY CORP US VRRM 14,467.89 $216,584.33
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 773.06 $171,426.40
92553P201 VIACOM INC CL B US VIAB 112.07 $2,697.60
92826C839 VISA INC - CLASS A SHARES US V 3,900.52 $719,685.38
92840JAA7 VISTAJET MALTA/XO MGMT 10.50000 06/01/2024 MUL 6,194.35 $5,977.55
929042109 VORNADO REALTY TRUST US VNO 80.53 $5,199.60
92922PAL0 W & T OFFSHORE INC 9.75000 11/01/2023 US 3,599.83 $3,311.84
93065PAA9 WBHT 2019-WBM A FLT 2.81538 12/15/2033 US 69,366.37 $69,409.56
931142103 WAL MART STORES US WMT 303.66 $36,162.60
931427108 WALGREENS BOOTS ALLIANCE INC US WBA 153.46 $9,146.08
94106L109 WASTE MANAGEMENT INC US WM 82.86 $9,355.52
94856UAA9 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 7,199.66 $7,361.65
948741103 WEINGARTEN REALTY INVESTORS US WRI 340.79 $10,850.62
949746101 WELLS FARGO COMPANY US WFC 542.39 $29,538.70
95040Q104 WELLTOWER INC. US WELL 214.45 $18,136.42
958102105 WESTERN DIGITAL CORP US WDC 78.52 $3,951.87
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 105,852.14 $108,372.61
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 17,826.3 $17,844.19
98311A105 WYNDHAM HOTELS & RESORTS INC US WH 143.64 $8,320.94
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 8,788.87 $8,278.03
B02J639 ADMIRAL GROUP PLC GB ADM LN 1,479.88 $40,913.56
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 2,854.69 $18,995.75
B1XH026 VINCI SA FR DG FP 178.96 $19,508.81
B1Y47Y7 GERRESHEIMER AG DE GXI GR 368.3 $27,081.75
B1Y9TB3 DANONE FR BN FP 595.03 $48,960.58
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 178,543 $9,077.16
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 20,508.32 $15,882.33
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 290,132.38 $14,703.70
B4R2R50 JULIUS BAER CH BAER SW 2,095.84 $98,723.24
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 419,616.26 $21,546.27
B63QM77 NEXON CO LTD JP 3659 JP 56,918.99 $777,601.07
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 55,895.22 $2,986.77
BBG00Q7Z9PN7 SE US 12/20/19 C39 SG -21.71 -$1,411.45
BBG00QR025W3 MU US 12/13/19 P43 US -25.94 -$363.12
BBQ3850 KEYWORDS STUDIOS PLC IE KWS LN 615.53 $11,194.39
BD3HF92 BSR REAL ESTATE INVESTMENT CA HOM/U CN 172.86 $2,198.91
BD4TZK8 OCI NV NL OCI NA 429.79 $8,141.60
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 4,141.32 $6,652.68
BGHVXC0 DRILLING CO OF 1972/THE DK DRLCO DC 335.84 $20,334.03
BH3T8K8 ORBIA ADVANCE CORP SAB DE CV MX 10,893.34 $23,648.39
BJ2KSG2 AKZO NOBEL NL AKZA NA 1,537.8 $147,264.55
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 13,320.5 $562,060.51
BMTRW10 B&M EUROPEAN VALUE RETAIL SA GB BME LN 5,168.05 $25,258.79
BNGN9Z1 FINECOBANK SPA IT FBK IM 9,258.99 $114,604.72
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 14,164.92 $440,733.33
BYXS699 QIAGEN N.V. NL QIA GR 1,007.93 $43,156.31
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 5,958.31 $472,304.44
G0750C108 AXALTA COATING SYSTEMS LTD US AXTA 2,653.83 $75,554.50
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 864.77 $29,877.92
G29183103 EATON CORP PLC US ETN 92.31 $8,538.60
G51502105 JOHNSON CONTROLS INTERNATIONAL US JCI 173.48 $7,430.18
G5960L103 MEDTRONIC INC IE MDT 7,716.94 $859,589.79
G97822103 PERRIGO CO PLC IE PRGO 594.03 $30,432.11
H01301128 ALCON INC CH ALC 4,482.33 $247,827.90
H1467J104 CHUBB LTD CH CB 56.87 $8,615.18
H8817H100 TRANSOCEAN LTD US RIG 27,280.21 $135,855.44
N22717107 CORE LABORATORIES N.V. NL CLB 2,856.19 $125,101.30
N47279109 INTERXION HOLDING NV NL INXN 305.11 $25,946.75
N53745100 LYONDELLBASELL INDU-CL A US LYB 84.95 $7,861.00
N72482123 QIAGEN N.V. ADR NL QGEN 3,914.77 $167,552.10

Based on the investments of the underlying fund(s): Manning & Napier Fund, Inc. Pro-Blend® Maximum Term Series and Manning & Napier Fund, Inc. Pro-Blend® Extended Term Series through 10/15/2017, and Manning & Napier Fund, Inc. Blended Asset Maximum Series and Manning & Napier Fund, Inc. Blended Asset Extended Series beginning 10/16/2017. Investments will change over time and as the target date fund gradually becomes more conservative. Fund holdings list does not include securities with positions less than 0.005 shares.

Distributions

  • Target 2035 Series Class K Distribution History
  • 2019 Distribution Calendar
  • Fourth Quarter 2019 Distribution Estimates
  • Third Quarter 2019 Distributions
  • Second Quarter 2019 Distributions
  • First Quarter 2019 Distributions
  • Tax Letter

A Word About Risk

Each Manning & Napier Fund, Inc. Target Series is invested in one or two of four proprietary risk-based funds based on the Target Series becoming increasingly conservative over time. Because the underlying funds invest 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 target date funds will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk, as the underlying investments change over time. 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. Principal value is not guaranteed at any time, including at the target date (the approximate year when an investor plans to stop contributions and start periodic withdrawals).

Daily Price

$13.87

Daily $ Change

$0.06

Daily % Change

0.43%

as of 12/11/2019

Ticker

MTQKX

CUSIP

56382P351

Inception Date

06/25/2012

Investment Minimum

$2,000.00

Investment minimum may be waived for certain qualified retirement plans and participants in an automatic investment program.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet
Applications & Forms

Information on Underlying Investments

Blended Asset Series Prospectus
Blended Asset Series SAI
XBRL Blended Asset Series – 11/02/2017
Blended Asset Series Annual Report
Blended Asset Series Semi-Annual Report

The financial statements of the underlying investments should be read in conjunction with the Series’ financial statements. Beginning 10/16/2017, the underlying funds are the Manning & Napier Fund, Inc. Blended Asset Series. The Blended Asset Series are not currently available for direct investment.

Investment Objective

To provide capital growth and manage risk for investors planning to retire (or meet another investment goal) in or around the year indicated in the fund’s name.

Investment Strategy

Currently: The portfolio is currently invested in a growth-oriented mix of securities that seeks to earn a good portion of the long-term growth of the stock market with less volatility. The portfolio is diversified primarily among various stock investments in both domestic and foreign markets. A substantial portion of the portfolio may be invested in long-term, fixed income securities. Stock exposure can range from 47% - 78%.

Over Time: The portfolio’s investment mix will gradually become more conservative as the target date approaches and for several years after the target date. During the target year, the portfolio’s stock exposure can range from 20% - 60%. At five years after the target date and beyond, the focus will be on capital preservation, and stock exposure can range from 15% - 45%.

May be Appropriate for Investors

  • Who plan to stop contributions and start periodic withdrawals around the year 2035
  • Who have time to pursue growth and can accept potentially significant fluctuations in current account value
  • Who prefer to take advantage of professional management through a single, diversified investment portfolio that becomes more conservative over time

About Target Date Funds

A target date fund is a single investment portfolio designed to meet an investor’s changing needs over time. The fund gradually shifts from a more aggressive to a more conservative investment objective over the years to reflect an appropriate risk/return trade-off for the investor’s changing time horizon.

Target Series Glide Path Overview

Learn more about our Glide Range SM

Performance

As of 11/30/2019

YTD

19.28%

1 Year

13.42%

3 Year

10.22%

5 Year

5.49%

10 Year

---

Inception
(06/25/2012)

9.16%

Market Cycle

---

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 1.49%
Net 1.00%*

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

Top Ten Investments

As of 11/30/2019

TREASURY NOTES 10.47%
GOVERNMENT AGENCY 6.08%
TREASURY BONDS 5.33%
FACEBOOK INC -A 2.08%
MEDTRONIC INC 1.75%
JOHNSON & JOHNSON 1.72%
MASTERCARD INC-CLASS A 1.72%
UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 1.63%
NEXON CO LTD 1.59%
MICROSOFT CORP 1.58%

Top Ten Investments list is unaudited and excludes cash

Asset Allocation

As of 11/30/2019

Stocks
61.80%
Bonds
37.10%
Cash
1.10%

Detailed Asset Class Allocation

As of 11/30/2019

International Equities
21.03%
Small Capitalization
0.71%
Mid Capitalization
2.06%
Large Capitalization
38.00%
Long Term Fixed Income
10.96%
Intermediate Term Fixed Income
21.01%
Short Term Fixed Income
5.13%
Cash
1.10%

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

November Fund Holdings

As of 11/30/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
00101JAK2 ADT SEC CORP 6.25000 10/15/2021 US 3,599.83 $3,815.82
00206RDQ2 AT&T INC 4.25000 03/01/2027 US 135,493.6 $148,230.81
00287Y109 ABBVIE INC US ABBV 216.67 $19,008.87
004239109 ACADIA REALTY TRUST US AKR 139.71 $3,755.49
00489LAA1 ACRISURE LLC / FIN INC 7.00000 11/15/2025 US 6,194.35 $5,554.60
00507V109 ACTIVISION INC US ATVI 8,601.21 $471,604.07
00751Y106 ADVANCE AUTO PARTS INC US AAP 801.11 $125,838.63
00774MAG0 AERCAP IRELAND CAP / GLOBA 4.45000 10/01/2025 IE 137,504.22 $147,991.25
00791GAA5 AG MERGER SUB II INC 10.75000 08/01/2027 US 6,194.35 $6,085.95
008492100 AGREE REALTY CORP US ADC 82.54 $6,172.13
013093AD1 ALBERTSONS COS LLC/SAFEW 5.75000 03/15/2025 US 4,605.14 $4,697.24
015271109 ALEXANDRIA REAL EST EQUITIES US ARE 31.98 $5,196.91
01609W102 ALIBABA GROUP - ADR CN BABA 210.42 $42,084.08
01609WAT9 ALIBABA GROUP HOLDING 3.40000 12/06/2027 KY 133,940.09 $139,094.92
020002101 ALLSTATE CORPORATION US ALL 52.4 $5,835.22
02079K107 ALPHABET INC-CL C US GOOG 302.5 $394,748.00
02079K305 ALPHABET INC-CL A US GOOGL 301.49 $393,173.82
02209S103 ALTRIA GROUP INC US MO 1,883.08 $93,589.06
023135106 AMAZON.COM INC US AMZN 261.83 $471,501.05
02319V103 AMBEV SA-ADR BR ABEV 52,326.2 $220,293.28
0237400 DIAGEO PLC GB DGE LN 7,300.14 $298,258.64
024835100 AMERICAN CAMPUS COMMUNITIES US ACC 228.19 $10,962.04
0263494 BAE SYSTEMS PLC GB BA/ LN 5,958.94 $44,128.46
02665T306 AMERICAN HOMES 4 RENT- A US AMH 712.77 $19,038.13
03019LAA4 AMERICAN TANKER INC 9.25000 02/22/2022 US 9,794.18 $9,989.26
03027X100 AMERICAN TOWER REIT INC US AMT 1,519.39 $325,195.89
03027XAW0 AMERICAN TOWER CORP 3.80000 08/15/2029 US 152,746.35 $162,887.67
03064D108 AMERICOLD REALTY TRUST US COLD 427.41 $16,079.17
031162100 AMGEN INC US AMGN 96.14 $22,566.59
03690AAD8 ANTERO MIDSTREAM PART / FI 5.75000 03/01/2027 US 3,599.83 $2,843.87
03690AAF3 ANTERO MIDSTREAM PART/FI 5.75000 01/15/2028 US 3,599.83 $2,780.87
03748R754 APARTMENT INVT & MGMT CO -A US AIV 375.69 $20,200.82
038222105 APPLIED MATERIALS INC US AMAT 137.23 $7,945.88
039483102 ARCHER-DANIELS-MIDLAND CO US ADM 99.72 $4,281.11
045086AF2 ASHTON WOODS USA/FINANCE 6.75000 08/01/2025 US 3,599.83 $3,649.33
053332102 AUTOZONE INC US AZO 94.59 $111,421.70
053484101 AVALONBAY COMMUNITIES INC US AVB 134.27 $28,787.77
054937107 BB&T CORP US BBT 112.91 $6,178.44
05722G100 BAKER HUGHES CO US BKR 183.09 $4,104.97
060505104 BANK OF AMERICA CORP US BAC 720.69 $24,013.28
06051GFM6 BANK OF AMERICA CORP 4.00000 01/22/2025 US 203,661.8 $216,718.99
084670702 BERKSHIRE HATHAWAY INC-CL B US BRK/B 3,211.64 $707,524.01
086516101 BEST BUY INC US BBY 73.74 $5,946.26
09061G101 BIOMARIN PHARMACEUTICAL INC US BMRN 4,222.05 $340,761.79
09247X101 BLACKROCK INC US BLK 632.57 $313,065.16
0946580 WEIR GROUP PLC/THE GB WEIR LN 2,065.29 $37,214.41
097023105 BOEING CO US BA 65 $23,802.14
09857L108 BOOKING HOLDINGS INC US BKNG 139.59 $265,786.58
101121101 BOSTON PROPERTIES INC US BXP 117.56 $16,286.29
101137107 BOSTON SCIENTIFIC CORP US BSX 2,343.19 $101,343.12
105368203 BRANDYWINE REALTY TRUST US BDN 1,057.03 $16,309.90
110122108 BRISTOL MYERS SQUIBB CO US BMY 246.49 $14,034.96
110448107 BRITISH AMERICAN TOB-SP ADR GB BTI 536.3 $21,242.83
11135F101 BROADCOM INC US AVGO 48.99 $15,491.86
11680JAA0 BRUIN E&P PARTNERS LLC 8.87500 08/01/2023 US 3,599.83 $2,303.89
12429TAE4 BWAY HOLDING CO 7.25000 04/15/2025 US 3,599.83 $3,410.84
12503M108 CBOE GLOBAL MARKETS INC US CBOE 2,616.21 $311,067.77
12510GAB8 CCG 2019-1 A2 2.80000 09/14/2026 US 152,807.07 $153,991.23
125269100 CF INDUSTRIES HOLDINGS INC US CF 2,879.8 $133,075.47
12541W209 C.H. ROBINSON WORLDWIDE INC US CHRW 46.85 $3,600.55
12555DAA3 CIM 2019-INV1 A1 4.00000 02/25/2049 US 27,358.21 $27,878.45
12572Q105 CME GROUP INC US CME 1,443.36 $292,612.39
12646XAH5 CSMC 2013-IVR3 A1 2.50000 05/25/2043 US 36,935.8 $36,417.44
12648TAA7 CSMC 2014-IVR3 A1 3.50000 07/25/2044 US 64,982.99 $65,838.23
126650100 CVS HEALTH CORP US CVS 199.43 $15,011.33
131477AT8 CALUMET SPECIALTY PROD 11.00000 04/15/2025 US 6,194.35 $6,233.19
133131102 CAMDEN PROPERTY TRUST US CPT 135.27 $15,089.41
13321L108 CAMECO CORP CA CCJ 3,070.88 $28,405.64
149123101 CATERPILLAR INC US CAT 84.68 $12,255.88
14980AAA0 CAZENOVIA CREEK FUNDING LLC 3.56070 07/15/2030 US 49,171.62 $49,489.53
156700AW6 CENTURYLINK INC 5.62500 04/01/2020 US 3,599.83 $3,636.15
165183BB9 CFII 2017-4A A1 2.12000 11/15/2029 US 54,035.45 $54,016.01
166764100 CHEVRON CORP US CVX 170.45 $19,964.28
17275R102 CISCO SYSTEMS INC US CSCO 501.27 $22,712.45
172967424 CITIGROUP INC US C 209.34 $15,725.47
172967EW7 CITIGROUP INC 8.12500 07/15/2039 US 71,346.63 $118,189.69
191216100 COCA COLA CO/THE US KO 11,895.3 $635,208.80
192422103 COGNEX CORP US CGNX 3,070.03 $154,053.98
194162103 COLGATE-PALMOLIVE CO US CL 1,628.36 $110,435.26
20030NCY5 COMCAST CORP 3.25000 11/01/2039 US 124,272.7 $126,178.29
20369C106 COMMUNITY HEALTHCARE TRUST I US CHCT 254.55 $12,116.69
20451NAG6 COMPASS MINERALS INTERNA 6.75000 12/01/2027 US 8,788.87 $9,096.48
205887102 CONAGRA BRAND INC. US CAG 112.42 $3,245.67
222795502 COUSINS PROPERTIES INC US CUZ 683.82 $27,688.02
22546QAD9 CREDIT SUISSE AG 5.40000 01/14/2020 CH 161,438.8 $162,051.23
22822V101 CROWN CASTLE INTL CORP US CCI 94.34 $12,609.75
22822VAN1 CROWN CASTLE INTL CORP 3.10000 11/15/2029 US 14,013.62 $14,192.56
228368106 CROWN HOLDINGS INC US CCK 1,523.4 $115,625.82
231021106 CUMMINS INC US CMI 37.97 $6,942.34
2347608 FIRST QUANTUM MINERALS LTD CA FM CN 1,016.46 $9,297.58
25271C102 DIAMOND OFFSHORE DRILLING US DO 7,428.97 $41,973.67
25277LAC0 DIAMOND SPORTS GR/DIAMON 6.62500 08/15/2027 US 6,194.35 $6,037.69
253868103 DIGITAL REALTY TRUST INC US DLR 106.31 $12,858.10
25470DAT6 DISCOVERY COMMUNICATIONS 5.20000 09/20/2047 US 144,703.88 $164,761.12
256677105 DOLLAR GENERAL CORP US DG 1,286.33 $202,417.39
256746108 DOLLAR TREE STORES INC US DLTR 2,070.51 $189,369.01
25787GAC4 DONNELLEY FINANCIAL SOL 8.25000 10/15/2024 US 7,199.66 $7,316.65
25960P109 DOUGLAS EMMETT INC US DEI 300.51 $13,243.35
260557103 DOW INC US DOW 115.03 $6,139.22
262006208 DREYFUS GVT CSH MANAGEMENT US 544,102.45 $544,102.45
2715777 QUEBECOR INC -CL B CA QBR/B CN 8,102.3 $200,925.93
277432100 EASTMAN CHEM CO US EMN 45.13 $3,536.56
2801836 SHAW COMMUNICATIONS INC-B CA SJR/B CN 9,627.22 $198,951.50
285512109 ELECTRONIC ARTS US EA 4,774.05 $482,226.81
2866857 LUNDIN MINING CORP CA LUN CN 8,189.4 $44,328.69
291011104 EMERSON ELEC CO US EMR 125.62 $9,278.57
29273RAR0 ENERGY TRANSFER OPERATNG 6.50000 02/01/2042 US 103,841.52 $121,326.09
29413XAD9 ENVIVA PARTNERS LP/FIN C 6.50000 01/15/2026 US 6,194.35 $6,437.17
29444U700 EQUINIX INC US EQIX 756.59 $428,873.56
29472R108 EQUITY LIFESTYLE PROPERTIES US ELS 176.3 $13,059.95
29476L107 EQUITY RESIDENTIAL US EQR 213.62 $18,179.39
29670E107 ESSENTIAL PROPERTIES REALTY US EPRT 514.11 $13,413.02
297178105 ESSEX PROPERTY TRUST INC US ESS 42.24 $13,185.97
302154BV0 EXPORT-IMPORT BANK KOREA 2.62500 12/30/2020 KR 100,530.97 $101,096.92
30225T102 EXTRA SPACE STORAGE INC US EXR 44.95 $4,766.91
30287EAE0 FREMF 2014-K41 B FLT 3.96298 11/25/2047 US 97,515.04 $103,690.92
30291XAE2 FREMF 2014-K715 B FLT 4.11191 02/25/2046 US 94,700.17 $96,182.68
30303M102 FACEBOOK INC -A US FB 5,060.6 $1,020,419.64
30744W107 FARFETCH LTD - CLASS A GB FTCH 1,075.19 $10,708.93
311900104 FASTENAL CO US FAST 145.72 $5,175.93
3128M6NC8 FHLM POOL G04587 5.50000 08/01/2038 US 30,959.86 $34,791.67
3128M6NS3 FHLM POOL G04601 5.50000 07/01/2038 US 32,236.48 $36,208.64
3128P75X7 FHLM POOL C91762 4.50000 05/01/2034 US 27,914.46 $29,992.58
3128P76G3 FHLM POOL C91771 4.50000 06/01/2034 US 23,480.23 $25,228.54
3128P76R9 FHLM POOL C91780 4.50000 07/01/2034 US 31,886.86 $34,260.94
3131XVYW9 FEDERAL NATL MTG ASSN FR ZM2525 3.00000 12/01/2046 US 78,475.12 $80,279.50
3131YBKP2 FEDERAL NATL MTG ASSN FN ZN4802 4.00000 04/01/2049 US 147,830.85 $153,745.69
3132QQFU1 FHLM POOL Q33778 4.00000 06/01/2045 US 46,021.44 $48,687.11
3132Y33P7 FHLM POOL FG Q59805 4.50000 11/01/2048 US 60,736.11 $63,917.98
31335CCY8 FHLM POOL FG G61887 MTGE 5.00000 02/01/2049 US 70,129.91 $74,970.84
3133G6L60 FEDERAL NATL MTG ASSN FR QN0349 3.00000 08/01/2034 US 85,175.31 $87,260.08
3136AY6W8 FNA 2017-M15 A1 3.05802 09/25/2027 US 77,527.71 $80,993.47
3136B1YD0 FNR 2018-31 KP 3.50000 07/25/2047 US 57,439.56 $59,676.03
313747206 FEDERAL RLTY INVT TR SH BEN INT US FRT 30.97 $4,090.44
3137AME78 FHMS K017 X1 FLT 1.44530 12/25/2021 US 1,114,282.61 $22,993.45
3137F4YU0 FHR 4791 BA MTGE 4.00000 03/15/2044 US 56,669.45 $57,664.07
3137FG2L8 FHR 4801 BA MTGE 4.50000 05/15/2044 US 49,032.96 $49,989.50
3138EGHT4 FEDERAL NATL MTG ASSN AL0241 4.00000 04/01/2041 US 51,838.03 $55,478.29
3138EHR87 FEDERAL NATL MTG ASSN AL1410 4.50000 12/01/2041 US 74,027.54 $80,200.68
3138EQST0 FEDERAL NATL MTG ASSN AL7729 4.00000 06/01/2043 US 42,680.07 $45,665.80
3138ERN30 FEDERAL NATL MTG ASSN FN AL9409 3.50000 11/01/2031 US 66,682.23 $69,348.11
3138ETT89 FEDERAL NATL MTG ASSN AL8674 FLT 5.64500 01/01/2049 US 87,462.87 $98,023.00
3138WDAY7 FEDERAL NATL MTG ASSN FN AS3622 3.50000 10/01/2044 US 196,938.41 $207,289.43
3138WDRZ6 FEDERAL NATL MTG ASSN AS4103 4.50000 12/01/2044 US 44,415.02 $47,758.68
3140H2PH5 FEDERAL NATL MATG ASSN FN BJ1323 3.50000 11/01/2047 US 190,278.18 $198,756.80
3140HPMQ7 FEDERAL NATIONAL MTGE FN BK9366 4.50000 08/01/2048 US 36,408.81 $38,287.24
3140JGVQ5 FEDERAL NATL MTG ASSN FN BN0622 4.50000 01/01/2049 US 101,624.34 $106,828.65
3140Q84E2 FEDERAL NATL MTG ASSN FN CA1720 5.00000 05/01/2048 US 86,739.42 $95,734.84
3140Q9D42 FEDERAL NATL MTG ASSN FN CA1922 5.00000 06/01/2048 US 83,972.18 $89,948.70
3140Q9JA2 FEDERAL NATL MTGE ASSN FN CA2056 4.50000 07/01/2048 US 89,406.69 $94,264.46
3140Q9PD9 FEDERAL NATL MTG ASSN FN CA2219 5.00000 08/01/2048 US 66,585.8 $71,323.50
3140X4JC1 FEDERAL NATL MTG ASSN FM1158 3.50000 06/01/2034 US 132,077.14 $136,920.11
31410GCD3 FEDERAL NATL MTG ASSN 888468 5.50000 09/01/2021 US 2,956.23 $2,996.31
31410GN33 FEDERAL NATL MTG ASSN 888810 5.50000 11/01/2022 US 3,591.16 $3,634.93
31417YJC2 FEDERAL NATL MTG ASSN MA0258 4.50000 12/01/2039 US 29,910.49 $32,396.38
31418BBC9 FEDERAL NATL MTG ASSN MA1834 4.50000 02/01/2034 US 41,484.92 $44,549.99
31418C4F8 FEDERAL NATL MTG ASSN FN MA3521 4.00000 11/01/2048 US 141,031.42 $146,364.92
31418C4M3 FEDERAL NATL MTG ASSN FN MA3527 5.00000 11/01/2048 US 138,240.94 $147,571.39
31418CAF1 FEDERAL NATL MTG ASSN FN MA2705 3.00000 08/01/2046 US 57,356.59 $58,684.76
31418CYJ7 FEDERAL NATL MTG ASSN FN MA3412 3.50000 07/01/2038 US 122,361.19 $127,179.79
31418CZH0 FEDERAL NATL MTG ASSN FN MA3443 4.00000 08/01/2048 US 63,574.13 $65,895.52
31418DC67 FEDERAL NATL MTG ASSN FN MA3692 3.50000 07/01/2049 US 177,970.14 $182,678.99
31418MGR7 FEDERAL NATL MTG ASSN AD0207 6.00000 10/01/2038 US 35,533.07 $40,805.03
31418MKV3 FEDERAL NATL MTG ASSN AD0307 5.50000 01/01/2039 US 22,472.56 $25,252.65
315786AC7 FIDELITY & GUARA NTY LIFE 5.50000 05/01/2025 US 3,599.83 $3,815.82
316773100 FIFTH THIRD BANCORP US FITB 170.77 $5,155.53
32054K103 FIRST INDUSTRIAL REALTY TR US FR 206.1 $8,775.70
33834YAA6 FIVE POINT OP CO LP/FIVE 7.87500 11/15/2025 US 6,194.35 $6,065.32
34461LAA2 FONTAINEBLEAU MIAMI BEACH TRUST 3.14400 12/10/2036 US 82,435.39 $84,879.17
346232AD3 FORESTAR GROUP INC 8.00000 04/15/2024 US 3,599.83 $3,887.82
34960PAB7 FORTRESS TRANS & INFRAST 6.50000 10/01/2025 US 8,788.87 $9,045.24
35166FAA0 FOXTROT ESCROW ISSUER 12.25000 11/15/2026 US 6,194.35 $6,240.81
35671D857 FREEPORT-MCMORAN INC US FCX 6,355.18 $72,321.89
36246MAT6 GTP AQUISITION PARTNERS 2.35000 06/15/2020 US 24,730.62 $24,693.13
364760108 GAP INC US GPS 125.66 $2,087.27
369550108 GENERAL DYNAMICS CORP US GD 38.72 $7,036.57
369604BQ5 GENERAL ELECTRIC CO 5.00000 01/21/2021 US 137,504.22 $134,508.00
370334104 GENERAL MLS INC US GIS 139.21 $7,422.82
37045XAR7 GENERAL MOTORS FINL CO 3.15000 01/15/2020 US 150,796.45 $150,849.34
372460105 GENUINE PARTS CO US GPC 45.96 $4,797.18
374297109 GETTY REALTY CORP US GTY 236.65 $7,941.96
375558103 GILEAD SCIENCES INC US GILD 217.17 $14,602.32
37960JAA6 GLOBAL AIR LEASE CO LTD 6.50000 09/15/2024 KY 6,778.25 $6,932.79
38141GVR2 GOLDMAN SACHS GROUP INC 4.25000 10/21/2025 US 68,168.21 $73,605.83
38379RRX3 GNR 2017-54 AH MTGE 2.60000 12/16/2056 US 96,517.37 $97,136.81
388689101 GRAPHIC PACKAGING HOLDING CO US GPK 16,456.86 $267,753.07
400506101 GRUPO AEROPORTUARIO PAC-ADR MX PAC 137.97 $13,959.47
40051E202 GRUPO AEROPORTUARIO DEL SURESTE MX ASR 114.87 $19,696.45
404119BX6 HCA INC 4.12500 06/15/2029 US 113,894.62 $119,987.91
404139AD9 HC2 HOLDINGS INC 11.50000 12/01/2021 US 2,594.52 $2,386.96
406216101 HALLIBURTON CO US HAL 17,588.27 $369,177.83
416515104 HARTFORD FINL SVCS US HIG 68.05 $4,209.55
421946104 HEALTHCARE REALTY TRUST INC US HR 360.21 $11,955.42
42225P501 HEALTHCARE TRUST OF AMERICA US HTA 228.19 $6,925.43
42250P103 HEALTHPEAK PROPERTIES INC US PEAK 620.93 $21,657.96
427866108 HERSHEY CO/THE US HSY 47.95 $7,104.94
43300A203 HILTON WORLDWIDE HOLDINGS INC US HLT 78.52 $8,244.17
437076102 HOME DEPOT INC US HD 133.27 $29,386.29
438516106 HONEYWELL INTERNATIONAL INC US HON 99.35 $17,739.57
44107P104 HOST MARRIOTT CORP US HST 445.57 $7,793.05
444454AD4 HUGHES SATELLITE SYSTEMS 5.25000 08/01/2026 US 3,599.83 $3,905.82
445658107 HUNT (JB) TRANSPORT SVCS INC US JBHT 912.05 $105,451.55
450913AE8 IAMGOLD CORP 7.00000 04/15/2025 CA 6,194.35 $6,298.91
452308109 ILLINOIS TOOL WKS INC US ITW 55.84 $9,733.81
45337C102 INCYTE CORP US INCY 1,846.24 $173,841.89
45378A106 INDEPENDENCE REALTY TRUST IN US IRT 612.4 $9,149.22
45682RAA8 INFRABUILD AUSTRALIA PTY 12.00000 10/01/2024 AU 6,194.35 $6,318.24
458140100 INTEL CORP US INTC 547.37 $31,775.09
45866F104 INTERCONTINENTALEXCHANGE INC US ICE 3,407.24 $320,860.14
459200101 INTERNATIONAL BUSINESS MACH CORP US IBM 131.1 $17,626.14
460146103 INTERNATIONAL PAPER CO US IP 78.24 $3,625.64
46120E602 INTUITIVE SURGICAL INC US ISRG 89.34 $52,967.79
46187BAA1 IHSFR 2017-SFR2 A 2.61250 12/17/2036 US 31,062.97 $31,019.34
46187BAB9 IHSFR 2017-SFR2 B 2.91250 12/17/2036 US 24,127.43 $24,092.87
46187W107 INVITATION HOMES INC US INVH 1,009.8 $30,829.25
46625H100 JP MORGAN CHASE & CO US JPM 280.94 $37,016.08
46640BAC8 JPMMT 2013-2 A2 3.50000 05/25/2043 US 20,654.06 $21,060.47
46641YAA1 JPMMT 2014-2 1A1 3.00000 06/25/2029 US 32,549.98 $33,054.14
46647PAY2 JPMORGAN CHASE & CO 4.02300 12/05/2024 US 99,820.28 $106,199.48
4741844 MERCK KGAA DE MRK GR 4,170.5 $486,784.92
476405105 JERNIGAN CAPITAL INC US JCAP 699.02 $12,218.91
478160104 JOHNSON & JOHNSON US JNJ 6,142.94 $844,593.30
47987LAA9 JONAH NRG LLC/FINANCE 7.25000 10/15/2025 US 7,199.66 $2,087.90
4821100 SOLVAY SA BE SOLB BB 490.7 $56,231.83
482480100 KLA-TENCOR CORPORATION US KLAC 42.1 $6,898.06
483007AJ9 KAISER ALUMINUM CORP 4.62500 03/01/2028 US 4,605.14 $4,726.72
487526AB1 KEHE DISTRIBUTORS LLC/FI 8.62500 10/15/2026 US 6,194.35 $6,442.12
487836108 KELLOGG CO US K 77.69 $5,059.07
493267108 KEYCORP US KEY 231.77 $4,494.11
49427F108 KILROY REALTY CORP US KRC 54.02 $4,496.95
494368103 KIMBERLY CLARK CORP US KMB 68.89 $9,391.97
494550AW6 KINDER MORGAN ENER PART 6.95000 01/15/2038 US 125,115.52 $162,113.29
500255104 KOHLS CORP US KSS 55.39 $2,603.83
50050N103 KONTOOR BRANDS INC US KTB 5.77 $206.96
501044101 KROGER CO US KR 144.12 $3,940.14
50187TAE6 LGI HOMES INC 6.87500 07/15/2026 US 7,199.66 $7,433.65
5107401 BEIERSDORF AG DE BEI GR 1,346.07 $156,984.94
512807108 LAM RESEARCH CORP US LRCX 23.99 $6,402.19
516806AD8 LAREDO PETROLEUM INC 5.62500 01/15/2022 US 4,605.14 $4,239.52
531172104 LIBERTY PROPERTY TRUST US LPT 177.2 $10,919.32
53223X107 LIFE STORAGE INC US LSI 59.35 $6,499.90
539830109 LOCKHEED MARTIN CORP US LMT 41.34 $16,167.07
54238XAC2 LONESTAR RESOURCES AMERICA 11.25000 01/01/2023 US 3,599.83 $2,519.88
550021109 LULULEMON - ADR CA LULU 2,937.96 $663,067.94
56585A102 MARATHON PETROLEUM CORP US MPC 148.53 $9,006.71
57636Q104 MASTERCARD INC-CLASS A US MA 2,883.5 $842,645.46
57772K101 MAXIM INTEGRATED PRODUCTS US MXIM 69.32 $3,928.42
58933Y105 MERCK & CO INC US MRK 2,097.01 $182,817.73
594918104 MICROSOFT CORP US MSFT 5,119.49 $774,988.61
595112103 MICRON TECHNOLOGY INC US MU 15,412.55 $732,250.16
59522J103 MID-AMERICA APARTMENT COMM US MAA 64.54 $8,784.27
60871R209 MOLSON COORS BREWING CO -B US TAP 55.52 $2,802.53
609207105 MONDELEZ INTERNATIONAL INC US MDLZ 11,900.46 $625,250.07
615369105 MOODY'S CORPORATION US MCO 1,422.63 $322,467.30
61965RAA3 MOSS CREEK RESOURCES HLD 7.50000 01/15/2026 US 4,605.14 $3,062.42
61965RAB1 MOSS CREEK RESOURCES HLD 10.50000 05/15/2027 US 1,005.31 $738.90
62426EAA3 MOUNTAIN PROVINCE DIAMON 8.00000 12/15/2022 CA 8,204.97 $7,876.77
6356934 FANUC LTD JP 6954 JP 63.57 $12,137.92
637417106 NATIONAL RETAIL PROPERTIES US NNN 185.83 $10,358.19
637870106 NATIONAL STORAGE AFFILIATES US NSA 147.24 $4,932.46
63938CAA6 NAVIENT CORP 5.00000 10/26/2020 US 6,194.35 $6,318.24
63940YAA4 NAVSL 2019-CA A1 2.82000 02/15/2068 US 57,986.4 $58,199.87
64110D104 NETAPP INC US NTAP 48.82 $2,958.23
64829DAG1 NRZT 2014-3A AFX3 3.75000 11/25/2054 US 22,694.86 $23,532.59
64829EAA2 NRZT 2015-2A A1 3.75000 08/25/2055 US 35,648.18 $36,950.51
64829LAA6 NRZT 2016-4A A1 3.75000 11/25/2056 US 37,096.94 $38,365.25
6490995 KEYENCE CORP JP 6861 JP 376.39 $128,874.02
6514442 METROPOLITAN BANK & TRUST PH MBT PM 544.32 $709.83
654106103 NIKE INC CLASS B US NKE 2,453.55 $229,382.45
66727WAA0 NORTHWEST ACQ/DOMINION 7.12500 11/01/2022 CA 7,199.66 $4,639.29
66987V109 NOVARTIS AG- REG CH NVS 7,876.78 $727,026.54
670346105 NUCOR CORP US NUE 86.35 $4,866.94
67059TAD7 NUSTAR LOGISTICS LP 6.75000 02/01/2021 US 3,599.83 $3,722.58
67066G104 NVIDIA CORP US NVDA 1,369.13 $296,745.95
6742340 SHANDONG WEIGAO CN 1066 HK 21,016.15 $25,363.65
674599105 OCCIDENTAL PETROLEUM CORP US OXY 122.67 $4,731.21
680665AL0 OLIN CORP 5.62500 08/01/2029 US 3,599.83 $3,752.82
681936100 OMEGA HEALTHCARE INVS INC US OHI 211.19 $8,876.39
6821506 SONY CORP FIRST SECTION JP 6758 JP 808.21 $51,287.43
69145AAB4 OXFIN 2019-1A A2 4.45900 02/15/2027 US 120,637.16 $123,478.76
7021963 DEUTSCHE BOERSE AG DE DB1 GR 1,185.39 $181,413.80
70450Y103 PAYPAL HOLDINGS INC US PYPL 2,587.59 $279,485.58
7123870 NESTLE SA-REGISTERED CH NESN SW 5,327.52 $553,235.67
713448108 PEPSICO INC US PEP 4,071.86 $553,080.09
717081103 PFIZER INC US PFE 692.53 $26,676.20
718172109 PHILIP MORRIS INTERNATIONAL US PM 1,974.17 $163,717.77
718546104 PHILLIPS 66 US PSX 68.45 $7,852.79
719245AD4 PHOTO HOLDINGS MERGER SU 8.50000 10/01/2026 US 6,194.35 $5,187.77
71943U104 PHYSICIANS REALTY TRUST US DOC 758.89 $14,563.08
729640102 PLYMOUTH INDUSTRIAL REIT INC US 275.33 $5,104.58
741503AZ9 BOOKING HOLDINGS INC 3.60000 06/01/2026 US 206,840.22 $221,164.62
74166MAB2 PRIME SECSRVC BRW/FINANC 5.25000 04/15/2024 US 6,194.35 $6,380.18
74166MAC0 PRIME SECSRVC BRW/FINANC 5.75000 04/15/2026 US 3,599.83 $3,760.09
74333NAA0 PROGRESS RESIDENTIAL TRUST 3.14700 05/17/2036 US 76,403.54 $77,163.03
74340W103 PROLOGIS US PLD 480.24 $43,965.95
74460D109 PUBLIC STORAGE INC US PSA 78.35 $16,507.50
74834L100 QUEST DIAGNOSTICS INC US DGX 34.5 $3,676.14
750236AW1 RADIAN GROUP INC 4.87500 03/15/2027 US 6,194.35 $6,488.58
756109104 REALTY INCOME CORP US O 66.55 $5,099.62
7591EP100 REGIONS FINANCIAL CORP. US RF 205.87 $3,425.75
76131D103 RESTAURANT BRANDS INTERN CA QSR 445.52 $29,239.59
7698356 GETINGE AB-B SHS SE GETIB SS 1,422.58 $24,696.59
77340RAK3 ROCKIES EXPRESS PIPELINE 5.62500 04/15/2020 US 6,194.35 $6,281.10
773903109 ROCKWELL AUTOMATION INC US ROK 21.03 $4,118.39
783513203 RYANAIR HOLDINGS - ADR IE RYAAY 347.38 $28,943.85
78409V104 S&P GLOBAL INC US SPGI 1,234.77 $326,782.35
78410G104 SBA COMMUNICATIONS CORP US SBAC 1,365.28 $322,846.88
78442PGC4 SLM CORP 5.12500 04/05/2022 US 7,199.66 $7,424.65
78490DAA2 SOFI 2018-C A1FX 3.08000 01/25/2048 US 73,732.54 $74,132.23
785592AV8 SABINE PASS LIQUEFACTION 5.87500 06/30/2026 US 174,020.35 $199,056.29
80282KAE6 SANTANDER HOLDINGS USA 4.50000 07/17/2025 US 135,493.6 $145,768.37
806857108 SCHLUMBERGER LTD NL SLB 8,227.55 $297,837.41
81141R100 SEA LTD - ADR SG SE 8,955.69 $331,718.74
812578102 SEATTLE GENETICS INC US SGEN 1,531.82 $184,354.13
81745EAA7 SEMT 2013-8 A1 3.00000 06/25/2043 US 30,679.54 $30,914.42
81745MAA9 SEMT 2013-2 1.87400 02/25/2043 US 26,578.46 $25,534.50
81762P102 SERVICENOW INC US NOW 2,563.86 $725,676.05
822538AE4 SHELF DRILL HOLD LTD 8.25000 02/15/2025 KY 3,599.83 $3,054.28
828806109 SIMON PROPERTY GROUP INC US SPG 189.43 $28,643.76
832696405 JM SMUCKER CO/THE-NEW COM WI US SJM 33.55 $3,525.56
83402QAA0 SCLP 2016-2 A 3.09000 10/27/2025 US 17,909.54 $17,959.97
83405DAB4 SOFI 2017-C A2A 1.75000 07/25/2040 US 3,826.35 $3,824.78
83405TAA1 SCLP 2019-3 A MTGE 2.90000 05/25/2028 US 63,117.45 $63,500.75
83406CAA7 SCLP 2019-2 A MTGE 3.01000 04/25/2028 US 47,075.89 $47,401.69
835699307 SONY CORP SPONSORED ADR JP SNE 8,974.38 $569,693.75
84265V105 SOUTHERN COPPER CORPORATION US SCCO 2,455.3 $93,375.15
84265VAD7 SOUTHERN COPPER CORP 5.37500 04/16/2020 US 164,810.07 $166,292.41
852061AR1 SPRINT COMMUNICATIONS 7.00000 08/15/2020 US 8,788.87 $8,999.28
85207UAE5 SPRINT CORP 7.25000 09/15/2021 US 3,599.83 $3,817.62
85207UAH8 SPRINT CORP 7.12500 06/15/2024 US 3,599.83 $3,878.82
85254J102 STAG INDUSTRIAL INC US STAG 251.37 $7,790.07
855030AN2 STAPLES INC 7.50000 04/15/2026 US 6,194.35 $6,480.84
85571XAA5 SRPT 2014-STAR A FLTG RATE 2.98538 11/15/2027 US 71,826.48 $71,690.96
858912AF5 STERICYCLE INC 5.37500 07/15/2024 US 6,194.35 $6,473.10
862121100 STORE CAPITAL CORP US STOR 191.6 $7,800.18
866674104 SUN COMMUNITIES US SUI 117.69 $19,385.16
86723CAF5 SUNCOKE ENRGY PART LP/FI 7.50000 06/15/2025 US 3,599.83 $3,257.85
867892101 SUNSTONE HOTEL INVESTORS INC US SHO 367.64 $5,146.96
867914103 SUNTRUST BANKS INC US STI 87.68 $6,211.08
86935CAA0 SCML 2019-SBC8 2.86000 12/25/2035 US 74,984.74 $75,233.19
871829107 SYSCO CORP US SYY 108.67 $8,753.73
87677QAA9 TXEZ 2016-1A 3.13100 06/15/2028 US 10,735.04 $10,731.05
87854WAA1 TECHNIPLAS LLC 10.00000 05/01/2020 US 4,605.14 $4,098.57
88032WAN6 TENCENT HOLDINGS 3.97500 04/11/2029 KY 115,062.42 $123,599.53
882508104 TEXAS INSTRUMENTS INC US TXN 139.45 $16,762.83
883556102 THERMO FISHER SCIENTIFIC INC US TMO 308.3 $96,790.65
88579Y101 3M CO US MMM 94.87 $16,106.29
89173CAA5 TPMT 2016-5 A1 2.50000 10/25/2056 US 59,427.49 $59,560.32
89173FAA8 TPMT 2017-1 A1 2.75000 10/25/2056 US 65,063.81 $65,333.45
89177EAA7 TPMT 2019-HY1 A1 2.70800 10/25/2048 US 59,044.25 $59,215.26
892231AA9 TOWNSQUARE MEDIA INC 6.50000 04/01/2023 US 2,594.52 $2,607.49
89417E109 TRAVELLERS COS INC US TRV 39.52 $5,403.46
89613BAA5 TAH 2016-SFR1 A 2.58900 11/17/2033 US 63,013.6 $62,882.82
89613FAA6 TAH 2017-SFR2 A 2.92800 01/17/2036 US 60,147.95 $60,640.02
901109AF5 TUTOR PERINI CORP 6.87500 05/01/2025 US 11,545.88 $11,271.67
902494103 TYSON FOODS INC -CL A US TSN 58.39 $5,248.81
902653104 UDR INC US UDR 319.3 $15,342.58
902973304 U.S. BANCORP US USB 249.73 $14,991.25
903002103 UMH PROPERTIES INC US UMH 288.64 $4,505.61
904767704 UNILEVER PLC - ADR GB UL 8,514.57 $506,531.63
907818108 UNION PAC CORP US UNP 100.33 $17,656.43
911312106 UNITED PARCEL SERVICE US UPS 146.47 $17,537.01
912810PT9 UNITED STATES TREAS BOND 4.75000 02/15/2037 US 474,707.23 $668,280.24
912810QV3 UNITED STATES TREAS INFL INDEX 0.75000 02/15/2042 US 217,696.18 $230,011.87
912810RK6 US TREASURY N/B 2.50000 02/15/2045 US 732,101.46 $773,596.74
912810RX8 US TREASURY N/B 3.00000 05/15/2047 US 1,007,509.53 $1,173,000.84
9128284P2 US TREASURY N/B 2.62500 05/15/2021 US 823,782.46 $834,852.03
9128286N5 TSY INFL IX N/B 0.50000 04/15/2024 US 321,361.88 $324,969.56
912828K33 UNITED STATES TREAS INFL INDEX 0.12500 04/15/2020 US 800,521.83 $798,267.10
912828K74 US TREASURY N/B 2.00000 08/15/2025 US 2,194,471.49 $2,232,017.53
912828R36 US TREASURY N/B 1.62500 05/15/2026 US 971,415.77 $966,217.18
912828WJ5 US TREASURY N/B 2.50000 05/15/2024 US 925,876.86 $960,307.91
912828X88 US TREASURY N/B 2.37500 05/15/2027 US 133,479.7 $139,491.50
913017109 UNITED TECHNOLOGIES CORP US UTX 119.5 $17,726.69
91324P102 UNITEDHEALTH GROUP INC US UNH 380.7 $106,547.42
91704F104 URBAN EDGE PROPERTIES US UE 528.72 $10,960.43
918204108 VF CORP US VFC 83.81 $7,420.69
91913Y100 VALERO ENERGY US VLO 87.49 $8,354.40
92276F100 VENTAS INC US VTR 171.98 $10,028.30
92339V100 VEREIT INC US VER 1,433.65 $13,992.39
92343VDU5 VERIZON COMMUNICATIONS 5.25000 03/16/2037 US 198,472.76 $250,800.38
92511U102 VERRA MOBILITY CORP US VRRM 14,467.89 $216,584.33
92532F100 VERTEX PHARMACEUTICALS INC US VRTX 773.06 $171,426.40
92553P201 VIACOM INC CL B US VIAB 112.07 $2,697.60
92826C839 VISA INC - CLASS A SHARES US V 3,900.52 $719,685.38
92840JAA7 VISTAJET MALTA/XO MGMT 10.50000 06/01/2024 MUL 6,194.35 $5,977.55
929042109 VORNADO REALTY TRUST US VNO 80.53 $5,199.60
92922PAL0 W & T OFFSHORE INC 9.75000 11/01/2023 US 3,599.83 $3,311.84
93065PAA9 WBHT 2019-WBM A FLT 2.81538 12/15/2033 US 69,366.37 $69,409.56
931142103 WAL MART STORES US WMT 303.66 $36,162.60
931427108 WALGREENS BOOTS ALLIANCE INC US WBA 153.46 $9,146.08
94106L109 WASTE MANAGEMENT INC US WM 82.86 $9,355.52
94856UAA9 WEEKLEY HOMES LLC/ FINAN 6.62500 08/15/2025 US 7,199.66 $7,361.65
948741103 WEINGARTEN REALTY INVESTORS US WRI 340.79 $10,850.62
949746101 WELLS FARGO COMPANY US WFC 542.39 $29,538.70
95040Q104 WELLTOWER INC. US WELL 214.45 $18,136.42
958102105 WESTERN DIGITAL CORP US WDC 78.52 $3,951.87
96949LAD7 WILLIAMS PARTNERS LP 3.75000 06/15/2027 US 105,852.14 $108,372.61
97651JAE6 WINWATER MORTGAGE LOAN TRUST 3.50000 03/20/2045 US 17,826.3 $17,844.19
98311A105 WYNDHAM HOTELS & RESORTS INC US WH 143.64 $8,320.94
AP8694550 BOREALIS FINANCE LLC 7.50000 11/16/2022 MH 8,788.87 $8,278.03
B02J639 ADMIRAL GROUP PLC GB ADM LN 1,479.88 $40,913.56
B1KFX13 GRUPO AEROPORTUARIO DEL CENT MX OMAB MM 2,854.69 $18,995.75
B1XH026 VINCI SA FR DG FP 178.96 $19,508.81
B1Y47Y7 GERRESHEIMER AG DE GXI GR 368.3 $27,081.75
B1Y9TB3 DANONE FR BN FP 595.03 $48,960.58
B3ZD2V9 MEX BONOS DESARR FIX RT 6.50000 06/10/2021 MX 178,543 $9,077.16
B4888C1 CANADIAN GOVERNMENT FLT 2.75000 06/01/2022 CA 20,508.32 $15,882.33
B4NDCC9 MEX BONOS DESARR FIX RT 6.50000 06/09/2022 MX 290,132.38 $14,703.70
B4R2R50 JULIUS BAER CH BAER SW 2,095.84 $98,723.24
B615Y14 MEX BONOS DESARR FIX RT 8.00000 06/11/2020 MX 419,616.26 $21,546.27
B63QM77 NEXON CO LTD JP 3659 JP 56,918.99 $777,601.07
B6TC406 MEX BONOS DESARR FIX RT 7.75000 05/29/2031 MX 55,895.22 $2,986.77
BBG00Q7Z9PN7 SE US 12/20/19 C39 SG -21.71 -$1,411.45
BBG00QR025W3 MU US 12/13/19 P43 US -25.94 -$363.12
BBQ3850 KEYWORDS STUDIOS PLC IE KWS LN 615.53 $11,194.39
BD3HF92 BSR REAL ESTATE INVESTMENT CA HOM/U CN 172.86 $2,198.91
BD4TZK8 OCI NV NL OCI NA 429.79 $8,141.60
BGHQ198 HIBERNIA REIT PLC IE HBRN ID 4,141.32 $6,652.68
BGHVXC0 DRILLING CO OF 1972/THE DK DRLCO DC 335.84 $20,334.03
BH3T8K8 ORBIA ADVANCE CORP SAB DE CV MX 10,893.34 $23,648.39
BJ2KSG2 AKZO NOBEL NL AKZA NA 1,537.8 $147,264.55
BMMV2K8 TENCENT HOLDINGS LTD CN 700 HK 13,320.5 $562,060.51
BMTRW10 B&M EUROPEAN VALUE RETAIL SA GB BME LN 5,168.05 $25,258.79
BNGN9Z1 FINECOBANK SPA IT FBK IM 9,258.99 $114,604.72
BP9DL90 INDUSTRIA DE DISENO TEXTIL ES ITX SM 14,164.92 $440,733.33
BYXS699 QIAGEN N.V. NL QIA GR 1,007.93 $43,156.31
BYYHL23 ANHEUSER-BUSCH INBEV SA/NV BE ABI BB 5,958.31 $472,304.44
G0750C108 AXALTA COATING SYSTEMS LTD US AXTA 2,653.83 $75,554.50
G0772R208 BANK OF N.T. BUTTERFIELD&SON BM NTB 864.77 $29,877.92
G29183103 EATON CORP PLC US ETN 92.31 $8,538.60
G51502105 JOHNSON CONTROLS INTERNATIONAL US JCI 173.48 $7,430.18
G5960L103 MEDTRONIC INC IE MDT 7,716.94 $859,589.79
G97822103 PERRIGO CO PLC IE PRGO 594.03 $30,432.11
H01301128 ALCON INC CH ALC 4,482.33 $247,827.90
H1467J104 CHUBB LTD CH CB 56.87 $8,615.18
H8817H100 TRANSOCEAN LTD US RIG 27,280.21 $135,855.44
N22717107 CORE LABORATORIES N.V. NL CLB 2,856.19 $125,101.30
N47279109 INTERXION HOLDING NV NL INXN 305.11 $25,946.75
N53745100 LYONDELLBASELL INDU-CL A US LYB 84.95 $7,861.00
N72482123 QIAGEN N.V. ADR NL QGEN 3,914.77 $167,552.10

Based on the investments of the underlying fund(s): Manning & Napier Fund, Inc. Pro-Blend® Maximum Term Series and Manning & Napier Fund, Inc. Pro-Blend® Extended Term Series through 10/15/2017, and Manning & Napier Fund, Inc. Blended Asset Maximum Series and Manning & Napier Fund, Inc. Blended Asset Extended Series beginning 10/16/2017. Investments will change over time and as the target date fund gradually becomes more conservative. Fund holdings list does not include securities with positions less than 0.005 shares.

Distributions

  • Target 2035 Series Class K Distribution History
  • 2019 Distribution Calendar
  • Fourth Quarter 2019 Distribution Estimates
  • Third Quarter 2019 Distributions
  • Second Quarter 2019 Distributions
  • First Quarter 2019 Distributions
  • Tax Letter

A Word About Risk

Each Manning & Napier Fund, Inc. Target Series is invested in one or two of four proprietary risk-based funds based on the Target Series becoming increasingly conservative over time. Because the underlying funds invest 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 target date funds will also involve a number of other risks, including issuer-specific risk, foreign investment risk, and small-cap/mid-cap risk, as the underlying investments change over time. 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. Principal value is not guaranteed at any time, including at the target date (the approximate year when an investor plans to stop contributions and start periodic withdrawals).


Loading...