Manning & Napier Target 2045 Series Class I
MTUIX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Manning & Napier Fund, Inc. - Target 2045 Series Class I (MTUIX) operates as a target date collective investment trust (CIT) fund designed to provide capital growth and manage risk for investors planning to retire in or around 2045. The fund invests in a combination of underlying Manning & Napier Pro-Mix CIT Funds, including the Pro-Mix Maximum Term CIT Fund, Pro-Blend Maximum Term Series, Core Bond Series, and others, delivering a moderately aggressive, growth-oriented mix of domestic and foreign equities (currently 85-86% allocation), fixed income securities (10-12%), alternatives, and cash equivalents (1-4%); stock exposure ranges from 70%-95% currently, gradually shifting to 20%-60% during the target year and 13%-47% five years beyond for capital preservation. Managed by Manning & Napier Advisors, LLC, with investment advisory services to Exeter Trust Company as trustee, the fund targets participants in qualified employee benefit plans such as 401(k) plans, featuring a net expense ratio of 0.69%, CUSIP 302027578, and inception date of August 3, 2012 (with historical performance modeled from Pro-Mix funds dating to January 1, 2000). Headquartered in Fairport/Rochester, New York, Manning & Napier Advisors, founded in 1970, serves high-net-worth individuals, institutions, pension plans, Taft-Hartley plans, endowments, and defined contribution plans primarily across the United States, with targeted focus in northeastern and southeastern regions. In October 2022, Manning & Napier, Inc. completed its go-private acquisition by Callodine Group LLC, enhancing access to private credit strategies and expanding investment offerings while retaining key management and client-focused operations.