Manning & Napier Target Income Series Fund

Scorecard
3 / 5 Stars
Lipper
3 4 5 1 1
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 61 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 10.86 percent over the past year, 6.66 percent over the past three years, and 7.89 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.2%
1 Year 10.9%
3 Years (Annualized) 6.7%
5 Years (Annualized) 7.9%
10 Years (Annualized) N/A

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Summary

The investment seeks to provide current income and, as a secondary objective, capital appreciation consistent with its asset allocation strategy. The fund seeks to achieve its investment objective by investing in the Manning & Napier Pro-Blend® Conservative Term Series. It invests primarily in fixed income securities, including U.S. Treasury securities, pass-through securities, and corporate bonds. The fund typically focuses on investment grade fixed income securities with short- to intermediate-term maturities of 3 to 5 years but may also invest in longer term securities and to a limited extent in lower-rated bonds.

Fees

Fees are Above Average compared to funds in the same category.
Manning & Napier Target Income Series Fund has an expense ratio of 0.55 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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