Manning & Napier Real Estate Series (MNREX)
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).
Fund Info
| ISIN | US56382P6410 |
|---|---|
| CUSIP | 56382P641 |
| Issuer | Manning & Napier |
| Inception Date | Nov 10, 2009 |
| Category | REIT |
| Min. Investment | $2,000 |
| Asset Class | Real Estate |
Expense Ratio
MNREX has a high expense ratio of 1.10%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MNREX vs. CSRSX, MNREX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Manning & Napier Real Estate 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 Real Estate Series had a return of 0.00% year-to-date (YTD) and 0.00% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.00% | 25.70% |
| 1 month | 0.00% | 3.51% |
| 6 months | 0.00% | 14.80% |
| 1 year | 0.00% | 37.91% |
| 5 years (annualized) | 0.00% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of MNREX, 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 | 0.00% | 0.00% | |||||||||||
| 2023 | 0.00% | 0.00% | |||||||||||
| 2022 | 0.00% | 0.00% | |||||||||||
| 2021 | 0.00% | 0.00% | |||||||||||
| 2020 | 0.00% | 0.00% | |||||||||||
| 2019 | 0.00% | 0.00% | |||||||||||
| 2018 | 0.00% | 0.00% | 0.00% | ||||||||||
| 2017 | -7.06% | -7.60% | 76.93% | 114.99% | 76.43% | 59.49% | 10.06% | 60.01% | -25.89% | 5.95% | 58.44% | 12.08% | 2,156.87% |
| 2016 | 43.05% | 43.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MNREX is 12, indicating that it is in the bottom 12% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Manning & Napier Real Estate Series (MNREX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Manning & Napier Real Estate Series provided a 0.00% dividend yield over the last twelve months, with an annual payout of $13.48 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $13.48 | $0.28 | $0.23 | $0.10 | $0.17 | $0.16 | $0.87 | $0.81 | $0.77 | $1.89 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.82% | 17.56% | 0.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Manning & Napier Real Estate 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 | $0.09 | $13.11 | $13.20 | ||||||||||
| 2023 | $0.28 | $0.28 | |||||||||||
| 2022 | $0.23 | $0.23 | |||||||||||
| 2021 | $0.10 | $0.10 | |||||||||||
| 2020 | $0.17 | $0.17 | |||||||||||
| 2019 | $0.16 | $0.16 | |||||||||||
| 2018 | $0.10 | $0.76 | $0.87 | ||||||||||
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.78 | $0.81 |
| 2016 | $0.16 | $0.61 | $0.77 | ||||||||||
| 2015 | $0.26 | $1.63 | $1.89 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Manning & Napier Real Estate 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 Real Estate Series was 99.93%, occurring on Dec 14, 2016. The portfolio has not yet recovered.
The current Manning & Napier Real Estate Series drawdown is 97.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.93% | Dec 14, 2016 | 1 | Dec 14, 2016 | — | — | — |
| -0.81% | Dec 12, 2016 | 1 | Dec 12, 2016 | 1 | Dec 13, 2016 | 2 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.