Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Manning & Napier High Yield Bond S MNHYX
- NAV / 1-Day Return 9.68 / 0.00
- Total Assets 836.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.910%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 6.53%
- Effective Duration 3.31 years
USD | NAV as of May 21, 2024 | 1-Day Return as of May 21, 2024, 12:12 AM GMT+0
Morningstar’s Analysis MNHYX
Will MNHYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Venture Global LNG Inc. 9.5% | 2.51 | 20.3 Mil | Corporate |
Ihs Holding Limited 6.25% | 2.06 | 16.7 Mil | Corporate |
LCPR Senior Secured Financing Designated Activity Company 6.75% | 2.04 | 16.5 Mil | Corporate |
New Fortress Energy Inc. 8.75% | 2.01 | 16.2 Mil | Corporate |
Affinity Gaming 6.875% | 1.96 | 15.9 Mil | Corporate |
Global Infrastructure Solutions Inc. 7.5% | 1.95 | 15.8 Mil | Corporate |
Full House Resorts Inc. 8.25% | 1.94 | 15.7 Mil | Corporate |
Navient Corporation 5.625% | 1.91 | 15.5 Mil | Corporate |
Tutor Perini Corporation 11.875% | 1.85 | 15.0 Mil | Corporate |
Dreyfus Government Cash Mgmt Instl | 1.77 | 14.3 Mil | Cash and Equivalents |