Manning & Napier High Yield Bond Series (MNHYX) 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 MNHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MNHYX
MNHYX charges 0.90% annually. There are 111 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 | MNHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | MNHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | MNHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | MNHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | MNHYX vs CRDOX |
Best Risk-Adjusted Alternatives to MNHYX
MNHYX has a PortfoliosLab risk / return rank of 86. There are 31 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 | MNHYX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | MNHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | MNHYX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | MNHYX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | MNHYX vs CWFIX |
Top Performing MNHYX Alternatives (YTD)
MNHYX is at 2.82% YTD. There are 16 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | MNHYX vs XILSX | |
| Fairholme Focused Income Fund | 10.04% | — | Dec 2009 | MNHYX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.94% | — | Nov 1977 | MNHYX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.45% | — | Oct 2018 | MNHYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.40% | — | Jul 1995 | MNHYX vs FAHCX |
Lowest Volatility Alternatives to MNHYX
MNHYX has 2.76% 1-year volatility. There are 41 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | MNHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | MNHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | MNHYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.69% | — | Oct 2012 | MNHYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | MNHYX vs OSTIX |
Lowest Drawdown Alternatives to MNHYX
MNHYX has a 1-year max drawdown of -2.51%. There are 107 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | MNHYX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | MNHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | MNHYX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | MNHYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | MNHYX vs SCFIX |
Other Mutual Funds from Manning & Napier
The 10 most viewed Manning & Napier mutual funds shown here include MNHAX, EXOSX, EXBAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Manning & Napier High Yield Bond I | High Yield Bonds | 75 | 2.35% | — | Aug 2012 | MNHYX vs MNHAX | |
| Manning & Napier Overseas Series | Foreign Large Cap Equities | 22 | 6.35% | — | Jul 2002 | MNHYX vs EXOSX | |
| Manning & Napier Pro-Blend Moderate Term Series | Diversified Portfolio | 23 | 2.35% | — | Sep 1993 | MNHYX vs EXBAX | |
| Manning & Napier Rainier International Discovery S... | Foreign Small & Mid Cap Equities | 16 | 6.49% | — | Mar 2012 | MNHYX vs RAIIX | |
| Manning & Napier Disciplined Value Series | Large Cap Value Equities | 94 | 16.94% | — | Nov 2008 | MNHYX vs MNDFX | |
| Manning & Napier Pro-Blend Maximum Term Series | Diversified Portfolio | 23 | 5.45% | — | Oct 1995 | MNHYX vs EXHAX | |
| Manning & Napier Credit Series | Intermediate Core Bond | 39 | 0.35% | — | Apr 2020 | MNHYX vs MCDWX | |
| Manning & Napier Divrs Tax Exempt Series Fund | Municipal Bonds | 55 | -0.32% | — | Feb 1994 | MNHYX vs EXDVX | |
| Manning & Napier Pro-Blend Extended Term Series | Diversified Portfolio | 23 | 3.66% | — | Oct 1993 | MNHYX vs MNBAX | |
| Manning & Napier Equity Series | Large Cap Growth Equities | 11 | 3.36% | — | May 1998 | MNHYX vs EXEYX |
Often Compared With MNHYX
Investors most often compare MNHYX with ICMUX, RCTIX, FDHY. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare MNHYX with Any Fund or Stock
Compare MNHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MNHYX with funds that move differently
Manning & Napier High Yield Bond Series alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MNHYX.
Explore MNHYX Diversifiers