Manning & Napier Real Estate I (MNRIX)
13.38
+0.33
(+2.53%)
USD |
Mar 24 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 0.85% | 263.29M | 2.09% | 43.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -25.67M | -18.24% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide high current income and long-term capital appreciation by investing principally in companies in the real estate industry. The fund will invest, under normal circumstances, at least 80% of its assets in securities of companies that are principally engaged in the real estate industry. These companies include those directly engaged in the real estate industry as well as in industries serving and/or related to the real estate industry. The fund's investment in debt securities is subject to a limit of 20% of the series' assets (measured at the time of purchase). |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MNREX |
| Equity Style | Mid Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Real Estate |
| Category Index | S&P United States REIT TR USD |
| Global Category Name | Real Estate Sector Equity |
| YCharts Categorization | Real Estate Equity |
| YCharts Benchmark | S&P 1500 Real Estate (Sector) Total Return (^SP15RESTR) |
| Prospectus Objective | Specialty - Real Estate |
| Fund Owner Firm Name | Manning & Napier |
| Prospectus Benchmark Index | |
| MSCI US REIT NR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Joseph Rydzynski | 7.17 yrs |
| Corey Van Lare | 4.84 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
52
-25.67M
-4.468B
Category Low
731.58M
Category High
3 Months
% Rank:
--
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Category Low
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Category High
3 Years
% Rank:
--
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Category Low
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Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
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Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 24, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 24, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Prologis Inc | 12.73% | 117.03 | 2.52% |
| Equinix Inc | 10.15% | 681.70 | 2.30% |
| Radius Global Infrastructure Inc Ordinary Shares - Class A | 4.66% | 14.57 | 0.48% |
| Public Storage | 4.60% | 286.60 | 1.54% |
| Sun Communities Inc | 3.84% | 133.35 | 2.81% |
| Cellnex Telecom SA | 3.31% | 35.68 | 0.00% |
| Equity Lifestyle Properties Inc | 3.29% | 64.11 | 3.30% |
| Rexford Industrial Realty Inc | 3.10% | 56.01 | 3.17% |
| Healthcare Realty Trust Inc | 3.09% | 18.97 | 4.69% |
| Terreno Realty Corp | 2.70% | 61.78 | 3.69% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | Upgrade |
| Administration Fee | -- |
| Performance Fee | -- |
| Switching Fee | -- |
| Transaction Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
Basic Info
| Investment Strategy | |
| The investment seeks to provide high current income and long-term capital appreciation by investing principally in companies in the real estate industry. The fund will invest, under normal circumstances, at least 80% of its assets in securities of companies that are principally engaged in the real estate industry. These companies include those directly engaged in the real estate industry as well as in industries serving and/or related to the real estate industry. The fund's investment in debt securities is subject to a limit of 20% of the series' assets (measured at the time of purchase). |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MNREX |
| Equity Style | Mid Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Real Estate |
| Category Index | S&P United States REIT TR USD |
| Global Category Name | Real Estate Sector Equity |
| YCharts Categorization | Real Estate Equity |
| YCharts Benchmark | S&P 1500 Real Estate (Sector) Total Return (^SP15RESTR) |
| Prospectus Objective | Specialty - Real Estate |
| Fund Owner Firm Name | Manning & Napier |
| Prospectus Benchmark Index | |
| MSCI US REIT NR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Joseph Rydzynski | 7.17 yrs |
| Corey Van Lare | 4.84 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-24-23) | 2.09% |
| 30-Day SEC Yield (2-28-23) | Upgrade |
| 7-Day SEC Yield (3-24-23) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 26.43 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of February 28, 2023
Fund Details
| Key Dates | |
| Inception Date | 8/1/2012 |
| Last Annual Report Date | 12/31/2022 |
| Last Prospectus Date | 3/1/2023 |
| Share Classes | |
| MNREX | S |
| MNRWX | Other |
| MNRZX | Inst |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |