Manning & Napier High Yield Bond I (MNHAX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MNHAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MNHAX
MNHAX charges 0.66% annually. There are 46 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | MNHAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | MNHAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | MNHAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | MNHAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | MNHAX vs CRDOX |
Best Risk-Adjusted Alternatives to MNHAX
MNHAX has a PortfoliosLab risk / return rank of 78. There are 75 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | MNHAX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | MNHAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | MNHAX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | MNHAX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | MNHAX vs PSHNX |
Top Performing MNHAX Alternatives (YTD)
MNHAX is at 2.48% YTD. There are 39 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fairholme Focused Income Fund | 10.25% | — | Dec 2009 | MNHAX vs FOCIX | |
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | MNHAX vs XILSX | |
| Fidelity Capital & Income Fund | 6.80% | — | Nov 1977 | MNHAX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.24% | — | Oct 2018 | MNHAX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.18% | — | Jul 1995 | MNHAX vs FAHCX |
Lowest Volatility Alternatives to MNHAX
MNHAX has 2.80% 1-year volatility. There are 45 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.84% | — | Sep 2010 | MNHAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | MNHAX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | MNHAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | MNHAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | MNHAX vs OSTIX |
Lowest Drawdown Alternatives to MNHAX
MNHAX has a 1-year max drawdown of -3.10%. There are 159 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | MNHAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | MNHAX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | MNHAX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | MNHAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | MNHAX vs SCFIX |
Other Mutual Funds from Manning & Napier
The 10 most viewed Manning & Napier mutual funds shown here include MNHYX, EXOSX, EXBAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Manning & Napier High Yield Bond Series | High Yield Bonds | 87 | 2.87% | — | Sep 2009 | MNHAX vs MNHYX | |
| Manning & Napier Overseas Series | Foreign Large Cap Equities | 9 | 3.53% | — | Jul 2002 | MNHAX vs EXOSX | |
| Manning & Napier Pro-Blend Moderate Term Series | Diversified Portfolio | 17 | 1.86% | — | Sep 1993 | MNHAX vs EXBAX | |
| Manning & Napier Disciplined Value Series | Large Cap Value Equities | 89 | 16.12% | — | Nov 2008 | MNHAX vs MNDFX | |
| Manning & Napier Rainier International Discovery S... | Foreign Small & Mid Cap Equities | 13 | 6.71% | — | Mar 2012 | MNHAX vs RAIIX | |
| Manning & Napier Pro-Blend Maximum Term Series | Diversified Portfolio | 15 | 3.99% | — | Oct 1995 | MNHAX vs EXHAX | |
| Manning & Napier Divrs Tax Exempt Series Fund | Municipal Bonds | 66 | 0.68% | — | Feb 1994 | MNHAX vs EXDVX | |
| Manning & Napier Pro-Blend Extended Term Series | Diversified Portfolio | 17 | 2.87% | — | Oct 1993 | MNHAX vs MNBAX | |
| Manning & Napier Equity Series | Large Cap Growth Equities | 9 | 2.59% | — | May 1998 | MNHAX vs EXEYX | |
| Manning & Napier Core Bond Series | Intermediate Core Bond | 17 | -0.29% | — | Apr 2005 | MNHAX vs EXCRX |
Often Compared With MNHAX
Investors most often compare MNHAX with USBLX, FRFZX, SHYPX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare MNHAX with Any Fund or Stock
Compare MNHAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MNHAX with funds that move differently
Manning & Napier High Yield Bond I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MNHAX.
Explore MNHAX Diversifiers