Manning & Napier Real Estate Series (MNREX)
Manning & Napier Real Estate Series operates in the Asset Management industry of the Financial Services sector, headquartered in Fairport, NY, US. The stock last traded at $13.01, up 0.00% on the session, giving a market capitalisation of $249.2M. Its beta of 1.14 implies it has historically moved more than the broad market.
Typically, at least 80% of the fund's capital will be allocated to securities issued by companies whose primary operations lie within the real estate sector. This encompasses a broad spectrum of enterprises, including those directly involved in real estate development, ownership, or management, as well as businesses that provide services to or are otherwise closely associated with the broader real estate ecosystem. Furthermore, the fund's allocation to debt instruments is capped at 20% of the series' total assets, a limit determined at the time of purchase.
Manning & Napier Real Estate Series is most often compared with the following Financial Services names: