Morningstar

Manning & Napier Pro-Blend Conservative Term Series Class I MNCIX

Morningstar Medalist Rating
Medalist Rating as of | See Manning & Napier Advisors Inc. Investment Hub
  • NAV / 1-Day Return 13.15  /  0.00
  • Total Assets 252.6M
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 5.07%
  • Turnover 48%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:50 AM GMT+0

Morningstar’s Analysis MNCIX

Will MNCIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MNCIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MNCIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MNCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Another wave of personnel turnover amid a slump means this team’s remaining veterans have to deliver.

Senior Analyst Greg Carlson

Greg Carlson

Senior Analyst

Summary

The Manning & Napier Pro-Blend target-risk series and the identically run Pro-Mix collective investment trust series have struggled of late. Outflows and 2025 investment team departures put the onus on a slim veteran team to stage a rebound.

by Greg Carlson
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Portfolio Holdings MNCIX

More MNCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 2.375%

3.96 11M
Government

United States Treasury Notes 4.125%

3.92 10M
Government

United States Treasury Bonds 3.625%

3.90 10M
Government

United States Treasury Bonds 3%

3.88 10M
Government

BNY Dreyfus Govt Cash Mgmt Instl

2.54 7M
Cash and Equivalents

United States Treasury Notes 4.25%

2.09 6M
Government

United States Treasury Notes 4.5%

2.09 6M
Government

United States Treasury Notes 4%

2.04 5M
Government

United States Treasury Notes 1.375%

2.03 5M
Government

Microsoft Corp

1.64 4M
Technology

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