C000116167 Fees and Costs — Income Series, Class S
Data updated: 2019-11-21
The net expense ratio is 0.88% (1.13% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 51%.
C000116167 Fees and Expenses
Annual operating expenses and sales charges of C000116167. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.13% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000116167 Costs Over Time
On $10,000 invested in C000116167, assuming 5% a year before costs, total costs come to $552 over 5 years, cutting the return by 0.92% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.88%) | $92 | $289 | $501 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $92 | $303 | $552 |
| Value after costs | $10,408 | $11,273 | $12,211 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
C000116167 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2018.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $47.3M
- Portfolio turnover (prospectus): 51%
- Securities lending: none during the year
C000116167 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Manning & Napier Fund, Inc. - Core Bond Series | $14.4M | 30.38% |
| Manning & Napier Fund, Inc. - High Yield Bond Series | $8.9M | 18.84% |
| Manning & Napier Fund, Inc. - Disciplined Value Series | $8.2M | 17.25% |
| Manning & Napier Fund, Inc. - Equity Income Series | $7.6M | 16.16% |
| Manning & Napier Fund, Inc. - Unconstrained Series | $4.7M | 9.89% |
| Manning & Napier Fund, Inc. - Real Estate Series | $3.5M | 7.48% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.