MNHAX vs. FRFZX

In the year-to-date period, MNHAX achieves a -0.64% return, which is significantly lower than FRFZX's -0.40% return. Over the past 10 years, MNHAX has underperformed FRFZX with an annualized return of 4.08%, while FRFZX has yielded a comparatively higher 4.84% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

MNHAX has a 0.66% expense ratio, which is lower than FRFZX's 0.70% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Manning & Napier High Yield Bond I (MNHAX) and PGIM Floating Rate Income Fund (FRFZX). 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.

The current MNHAX Sharpe Ratio is 1.56, which is comparable to the FRFZX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of MNHAX and FRFZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

MNHAX's dividend yield for the trailing twelve months is around 7.92%, more than FRFZX's 7.67% yield.

The maximum MNHAX drawdown since its inception was -19.76%, smaller than the maximum FRFZX drawdown of -21.94%. Use the drawdown chart below to compare losses from any high point for MNHAX and FRFZX. For additional features, visit the drawdowns tool.

Manning & Napier High Yield Bond I (MNHAX) has a higher volatility of 1.55% compared to PGIM Floating Rate Income Fund (FRFZX) at 0.55%. This indicates that MNHAX's price experiences larger fluctuations and is considered to be riskier than FRFZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.