Manning & Napier Core Bond Series (EXCRX)
The Series will invest, under normal circumstances, at least 80% of its net assets in investment grade bonds and other financial instruments, principally derivative instruments and exchange-traded funds (ETFs), with economic characteristics similar to bonds. It may buy and sell futures contracts based on investment grade credit securities primarily for cash management purposes.
Fund Info
| ISIN | US5638214040 |
|---|---|
| CUSIP | 563821404 |
| Issuer | Manning & Napier |
| Inception Date | Apr 21, 2005 |
| Category | Intermediate Core Bond |
| Min. Investment | $2,000 |
| Asset Class | Bond |
Expense Ratio
EXCRX has a high expense ratio of 0.65%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: EXCRX vs. SCHD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Manning & Napier Core Bond Series, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Manning & Napier Core Bond Series had a return of -1.11% year-to-date (YTD) and 1.85% in the last 12 months. Over the past 10 years, Manning & Napier Core Bond Series had an annualized return of 0.95%, while the S&P 500 had an annualized return of 10.99%, indicating that Manning & Napier Core Bond Series did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.11% | 11.18% |
| 1 month | 1.57% | 5.60% |
| 6 months | 3.80% | 17.48% |
| 1 year | 1.85% | 26.33% |
| 5 years (annualized) | 0.17% | 13.16% |
| 10 years (annualized) | 0.95% | 10.99% |
Monthly Returns
The table below presents the monthly returns of EXCRX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.13% | -1.31% | 0.96% | -2.59% | -1.11% | ||||||||
| 2023 | 2.91% | -2.41% | 2.64% | 0.49% | -0.92% | -0.58% | -0.12% | -0.48% | -2.54% | -1.37% | 4.11% | 3.92% | 5.47% |
| 2022 | -1.85% | -1.22% | -2.88% | -3.44% | 0.10% | -1.49% | 1.97% | -2.54% | -4.26% | -1.86% | 3.46% | 0.22% | -13.20% |
| 2021 | -0.62% | -1.78% | -1.14% | 0.92% | 0.46% | 0.80% | 0.99% | -0.18% | -0.98% | -0.27% | 0.18% | -0.24% | -1.89% |
| 2020 | 1.92% | 1.71% | -1.83% | 2.35% | 0.62% | 1.03% | 1.74% | -0.51% | 0.04% | -0.34% | 1.30% | 0.41% | 8.66% |
| 2019 | 1.07% | 0.10% | 1.76% | 0.00% | 1.70% | 1.24% | 0.09% | 2.67% | -0.69% | 0.18% | -0.09% | -0.09% | 8.18% |
| 2018 | -1.04% | -0.86% | 0.48% | -0.77% | 0.48% | -0.16% | 0.10% | 0.58% | -0.56% | -0.97% | 0.39% | 1.60% | -0.75% |
| 2017 | 0.38% | 0.57% | -0.05% | 0.76% | 0.66% | -0.26% | 0.47% | 0.75% | -0.47% | 0.09% | -0.28% | 0.27% | 2.91% |
| 2016 | 0.48% | 0.00% | 1.62% | 0.75% | -0.19% | 1.36% | 0.55% | 0.09% | 0.11% | -0.37% | -1.94% | 0.08% | 2.53% |
| 2015 | 1.22% | -0.00% | 0.37% | -0.00% | -0.09% | -0.93% | 0.47% | -0.37% | 0.25% | 0.28% | -0.19% | -0.57% | 0.43% |
| 2014 | 1.30% | 0.64% | -0.09% | 0.83% | 1.00% | 0.18% | -0.45% | 0.55% | -0.63% | 0.55% | 0.09% | -0.39% | 3.62% |
| 2013 | -0.35% | 0.78% | 0.18% | 1.30% | -1.79% | -2.62% | 0.72% | -0.89% | 1.07% | 1.44% | -0.09% | -0.44% | -0.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EXCRX is 5, indicating that it is in the bottom 5% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
EXCRX (Manning & Napier Core Bond Series)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Manning & Napier Core Bond Series (EXCRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Manning & Napier Core Bond Series granted a 4.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.36 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.34 | $0.21 | $0.25 | $0.58 | $0.22 | $0.24 | $0.21 | $0.23 | $0.26 | $0.44 | $0.73 |
Dividend yield | 4.00% | 3.64% | 2.23% | 2.28% | 5.15% | 2.01% | 2.31% | 1.94% | 2.14% | 2.45% | 4.09% | 6.78% |
Monthly Dividends
The table displays the monthly dividend distributions for Manning & Napier Core Bond Series. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.01 | $0.03 | $0.03 | $0.03 | $0.03 | $0.13 | |||||||
| 2023 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.34 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.21 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.17 | $0.25 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.49 | $0.58 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.22 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.21 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.23 |
| 2015 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.26 |
| 2014 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.22 | $0.44 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.47 | $0.73 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Manning & Napier Core Bond Series. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Manning & Napier Core Bond Series was 18.70%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Manning & Napier Core Bond Series drawdown is 11.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.7% | Jan 5, 2021 | 455 | Oct 24, 2022 | — | — | — |
| -9.61% | Jan 24, 2008 | 186 | Oct 17, 2008 | 50 | Dec 30, 2008 | 236 |
| -7.88% | Mar 10, 2020 | 8 | Mar 19, 2020 | 57 | Jun 10, 2020 | 65 |
| -5.73% | May 3, 2013 | 87 | Sep 5, 2013 | 167 | May 6, 2014 | 254 |
| -4.78% | Jan 15, 2009 | 37 | Mar 10, 2009 | 50 | May 20, 2009 | 87 |
Volatility
Volatility Chart
The current Manning & Napier Core Bond Series volatility is 1.41%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.