Manning & Napier Credit Series I (MCDIX)
9.17
+0.01
(+0.11%)
USD |
Dec 15 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.50% | 278.78M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -26.06M | 6.37% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide long-term total return. The Fund invests, under normal circumstances, at least 80% of its assets in credit-related instruments and other financial instruments, principally derivative instruments and exchange-traded funds, with economic characteristics similar to credit-related instruments. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focus Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Credit Focus Funds |
| Fund Owner Firm Name | Manning & Napier |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
84
-50.38M
Peer Group Low
154.41M
Peer Group High
1 Year
% Rank:
79
-26.06M
-498.54M
Peer Group Low
1.816B
Peer Group High
3 Months
% Rank:
59
-338.78M
Peer Group Low
392.18M
Peer Group High
3 Years
% Rank:
67
-1.931B
Peer Group Low
2.246B
Peer Group High
6 Months
% Rank:
84
-507.68M
Peer Group Low
1.087B
Peer Group High
5 Years
% Rank:
52
-1.939B
Peer Group Low
4.916B
Peer Group High
YTD
% Rank:
79
-491.29M
Peer Group Low
1.611B
Peer Group High
10 Years
% Rank:
37
-16.70B
Peer Group Low
5.256B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 15, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.59% |
| Stock | 0.00% |
| Bond | 97.03% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 2.38% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC-New 6.25 07/15/2032 FIX USD Agency | 2.47% | 113.29 | 0.07% |
| JPMorgan Chase & Co. JPM 4.493 03/24/2031 FLT USD Corporate '30 | 2.08% | 100.85 | 0.03% |
| FHLMC-New 5.0 11/25/2052 FIX USD Agency | 1.95% | 99.69 | 0.09% |
| Capital One Financial Corporation COF 6.377 06/08/2034 FLT USD Corporate '33 | 1.59% | 107.95 | 0.04% |
| PALOMINO FUNDING TRUST I PALOFUN 7.233 05/17/2028 FIX USD Corporate 144A | 1.57% | 106.91 | 0.00% |
| Duke Energy Florida, LLC DUKEENAA 6.4 06/15/2038 FIX USD Corporate | 1.46% | 111.50 | -0.03% |
| FHLMC-New 4.5 06/25/2052 FIX USD Agency | 1.38% | 97.75 | 0.06% |
| Dreyfus Government Cash Management Institutional | 1.38% | 1.00 | 0.00% |
| CENOVUS ENERGY INC. CENOV 6.75 11/15/2039 FIX USD Corporate | 1.31% | 109.80 | 0.13% |
| ENERGY TRANSFER LP ENERTRAE 6.5 02/01/2042 FIX USD Corporate | 1.29% | 104.88 | -0.14% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.24% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide long-term total return. The Fund invests, under normal circumstances, at least 80% of its assets in credit-related instruments and other financial instruments, principally derivative instruments and exchange-traded funds, with economic characteristics similar to credit-related instruments. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focus Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Credit Focus Funds |
| Fund Owner Firm Name | Manning & Napier |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-12-25) | 4.57% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 153 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.93% |
| Effective Duration | -- |
| Average Coupon | 4.70% |
| Calculated Average Quality | 2.655 |
| Effective Maturity | 18.08 |
| Nominal Maturity | 18.27 |
| Number of Bond Holdings | 148 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MCDIX", "name") |
| Broad Asset Class: =YCI("M:MCDIX", "broad_asset_class") |
| Broad Category: =YCI("M:MCDIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MCDIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |