MNHAX vs. JGH
Compare and contrast key facts about Manning & Napier High Yield Bond I (MNHAX) and Nuveen Global High Income Fund (JGH).
MNHAX is managed by Manning & Napier. It was launched on Aug 1, 2012. JGH is managed by Nuveen. It was launched on Nov 24, 2014.
Performance
MNHAX vs. JGH - Performance Comparison
Loading graphics...
MNHAX vs. JGH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MNHAX Manning & Napier High Yield Bond I | -1.05% | 6.90% | 9.29% | 13.49% | -7.38% | 10.27% | 6.58% | 14.25% | -0.98% | 8.68% |
JGH Nuveen Global High Income Fund | 0.85% | 8.62% | 15.98% | 20.89% | -21.01% | 10.84% | 2.77% | 30.04% | -12.02% | 15.25% |
Returns By Period
In the year-to-date period, MNHAX achieves a -1.05% return, which is significantly lower than JGH's 0.85% return. Over the past 10 years, MNHAX has underperformed JGH with an annualized return of 6.80%, while JGH has yielded a comparatively higher 8.51% annualized return.
MNHAX
- 1D
- 0.63%
- 1M
- -1.75%
- YTD
- -1.05%
- 6M
- 0.13%
- 1Y
- 4.72%
- 3Y*
- 8.65%
- 5Y*
- 5.44%
- 10Y*
- 6.80%
JGH
- 1D
- 1.55%
- 1M
- -2.16%
- YTD
- 0.85%
- 6M
- -3.01%
- 1Y
- 6.05%
- 3Y*
- 14.91%
- 5Y*
- 5.74%
- 10Y*
- 8.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MNHAX vs. JGH - Expense Ratio Comparison
MNHAX has a 0.66% expense ratio, which is lower than JGH's 1.68% expense ratio.
Return for Risk
MNHAX vs. JGH — Risk / Return Rank
MNHAX
JGH
MNHAX vs. JGH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manning & Napier High Yield Bond I (MNHAX) and Nuveen Global High Income Fund (JGH). 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.
| MNHAX | JGH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 0.44 | +0.87 |
Sortino ratioReturn per unit of downside risk | 1.70 | 0.63 | +1.07 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.11 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.39 | 0.43 | +0.96 |
Martin ratioReturn relative to average drawdown | 5.43 | 1.22 | +4.21 |
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
| MNHAX | JGH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.44 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.42 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.54 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.39 | +0.27 |
Correlation
The correlation between MNHAX and JGH is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MNHAX vs. JGH - Dividend Comparison
MNHAX's dividend yield for the trailing twelve months is around 6.60%, less than JGH's 9.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNHAX Manning & Napier High Yield Bond I | 6.60% | 7.29% | 7.02% | 8.59% | 7.61% | 9.81% | 6.26% | 8.24% | 6.38% | 6.20% | 7.68% | 6.64% |
JGH Nuveen Global High Income Fund | 9.98% | 9.82% | 9.67% | 10.18% | 12.05% | 8.19% | 7.13% | 7.53% | 9.88% | 8.52% | 9.61% | 11.44% |
Drawdowns
MNHAX vs. JGH - Drawdown Comparison
The maximum MNHAX drawdown since its inception was -20.13%, smaller than the maximum JGH drawdown of -43.79%. Use the drawdown chart below to compare losses from any high point for MNHAX and JGH.
Loading graphics...
Drawdown Indicators
| MNHAX | JGH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.13% | -43.79% | +23.66% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -11.69% | +8.29% |
Max Drawdown (5Y)Largest decline over 5 years | -20.13% | -28.66% | +8.53% |
Max Drawdown (10Y)Largest decline over 10 years | -20.13% | -43.79% | +23.66% |
Current DrawdownCurrent decline from peak | -13.52% | -4.36% | -9.16% |
Average DrawdownAverage peak-to-trough decline | -3.41% | -7.09% | +3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 4.09% | -3.22% |
Volatility
MNHAX vs. JGH - Volatility Comparison
The current volatility for Manning & Napier High Yield Bond I (MNHAX) is 1.84%, while Nuveen Global High Income Fund (JGH) has a volatility of 5.07%. This indicates that MNHAX experiences smaller price fluctuations and is considered to be less risky than JGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MNHAX | JGH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.84% | 5.07% | -3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 2.29% | 8.26% | -5.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 13.86% | -10.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.41% | 13.67% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.69% | 15.85% | -5.16% |