APDFX vs. MNHAX
Compare and contrast key facts about Artisan High Income Fund Advisor Class (APDFX) and Manning & Napier High Yield Bond I (MNHAX).
APDFX is an actively managed fund by Artisan. It was launched on Mar 19, 2014. MNHAX is managed by Manning & Napier. It was launched on Aug 1, 2012.
Performance
APDFX vs. MNHAX - Performance Comparison
Loading graphics...
APDFX vs. MNHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APDFX Artisan High Income Fund Advisor Class | -1.96% | 8.32% | 8.46% | 15.98% | -10.57% | 3.99% | 9.67% | 14.84% | -1.40% | 9.01% |
MNHAX Manning & Napier High Yield Bond I | -1.67% | 6.90% | 9.29% | 13.49% | -7.38% | 10.27% | 6.58% | 14.25% | -0.98% | 8.68% |
Returns By Period
In the year-to-date period, APDFX achieves a -1.96% return, which is significantly lower than MNHAX's -1.67% return. Both investments have delivered pretty close results over the past 10 years, with APDFX having a 6.69% annualized return and MNHAX not far ahead at 6.73%.
APDFX
- 1D
- 0.11%
- 1M
- -2.09%
- YTD
- -1.96%
- 6M
- -0.88%
- 1Y
- 5.03%
- 3Y*
- 8.40%
- 5Y*
- 3.97%
- 10Y*
- 6.69%
MNHAX
- 1D
- 0.32%
- 1M
- -2.47%
- YTD
- -1.67%
- 6M
- -0.40%
- 1Y
- 4.27%
- 3Y*
- 8.42%
- 5Y*
- 5.33%
- 10Y*
- 6.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
APDFX vs. MNHAX - Expense Ratio Comparison
APDFX has a 0.80% expense ratio, which is higher than MNHAX's 0.66% expense ratio.
Return for Risk
APDFX vs. MNHAX — Risk / Return Rank
APDFX
MNHAX
APDFX vs. MNHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan High Income Fund Advisor Class (APDFX) and Manning & Napier High Yield Bond I (MNHAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| APDFX | MNHAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 1.09 | +0.55 |
Sortino ratioReturn per unit of downside risk | 2.45 | 1.40 | +1.05 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.24 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.10 | +0.72 |
Martin ratioReturn relative to average drawdown | 7.01 | 4.36 | +2.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| APDFX | MNHAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.09 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.37 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.28 | 0.63 | +0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.65 | +0.45 |
Correlation
The correlation between APDFX and MNHAX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
APDFX vs. MNHAX - Dividend Comparison
APDFX's dividend yield for the trailing twelve months is around 6.53%, less than MNHAX's 6.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APDFX Artisan High Income Fund Advisor Class | 6.53% | 6.86% | 7.27% | 7.39% | 6.34% | 5.41% | 5.42% | 6.94% | 7.17% | 8.01% | 6.70% | 7.48% |
MNHAX Manning & Napier High Yield Bond I | 6.64% | 7.29% | 7.02% | 8.59% | 7.61% | 9.81% | 6.26% | 8.24% | 6.38% | 6.20% | 7.68% | 6.64% |
Drawdowns
APDFX vs. MNHAX - Drawdown Comparison
The maximum APDFX drawdown since its inception was -21.52%, which is greater than MNHAX's maximum drawdown of -20.13%. Use the drawdown chart below to compare losses from any high point for APDFX and MNHAX.
Loading graphics...
Drawdown Indicators
| APDFX | MNHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.52% | -20.13% | -1.39% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -3.40% | +0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -14.64% | -20.13% | +5.49% |
Max Drawdown (10Y)Largest decline over 10 years | -21.52% | -20.13% | -1.39% |
Current DrawdownCurrent decline from peak | -2.64% | -14.06% | +11.42% |
Average DrawdownAverage peak-to-trough decline | -2.16% | -3.41% | +1.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 0.86% | -0.14% |
Volatility
APDFX vs. MNHAX - Volatility Comparison
The current volatility for Artisan High Income Fund Advisor Class (APDFX) is 1.07%, while Manning & Napier High Yield Bond I (MNHAX) has a volatility of 1.68%. This indicates that APDFX experiences smaller price fluctuations and is considered to be less risky than MNHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| APDFX | MNHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 1.68% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 1.99% | 2.20% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 3.74% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.91% | 14.41% | -9.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.24% | 10.69% | -5.45% |