EX-99.(A)(71) 2 d88967dex99a71.htm ARTICLES OF AMENDMENT Articles of Amendment

Exhibit (a)(71)

MANNING & NAPIER FUND, INC.

ARTICLES OF AMENDMENT

MANNING & NAPIER FUND, INC. (the “Corporation”), a corporation organized under the laws of the State of Maryland, having its principal place of business at 290 Woodcliff Drive, Fairport, New York 14450, does hereby certify to the State Department of Assessments and Taxation of Maryland (the “Department”) that:

FIRST: The Corporation is registered as an open-end investment company under the Investment Company Act of 1940.

SECOND:   The Board of Directors of the Corporation adopted a resolution via unanimous consent on April 4, 2015 authorizing the liquidation and termination of certain Series of the Company’s common stock, and reclassifying and redesignating the one hundred thirty million (130,000,000) authorized and classified shares of the Series set forth below as authorized, but unclassified and unissued, shares of the Corporation.

 

Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

Inflation Focus Equity Series Class A   100,000,000
Commodity Series Class A   30,000,000
Total   130,000,000
Authorized but Unclassified and Unissued   4,380,000,000

THIRD:  Immediately before the liquidation and termination of the Financial Services Series Class A and upon filing for record these Articles of Amendment, the Corporation has the authority to issue fifteen billion (15,000,000,000) shares of common stock of the Corporation, par value $0.01 per share, having an aggregate par value of one hundred fifty million dollars ($150,000,000) and classified and designated as follows:

 

Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

Pro-Blend Maximum Term Series Class S

  125,000,000

Pro-Blend Maximum Term Series Class C

  25,000,000

Pro-Blend Maximum Term Series Class R

  52,500,000

Pro-Blend Maximum Term Series Class I

  200,000,000

Pro-Blend Conservative Term Series Class S

  162,500,000

Pro-Blend Conservative Term Series Class C

  25,000,000

Pro-Blend Conservative Term Series Class R

  52,500,000

Pro-Blend Conservative Term Series Class I

  75,000,000


Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

Tax Managed Series Class A

  87,500,000

World Opportunities Series Class A

  2,500,000,000

Pro-Blend Moderate Term Series Class S

  125,000,000

Pro-Blend Moderate Term Series Class C

  25,000,000

Pro-Blend Moderate Term Series Class R

  52,500,000

Pro-Blend Moderate Term Series Class I

  125,000,000

Pro-Blend Extended Term Series Class S

  125,000,000

Pro-Blend Extended Term Series Class C

  25,000,000

Pro-Blend Extended Term Series Class R

  52,500,000

Pro-Blend Extended Term Series Class I

  200,000,000

International Series Class S

  250,000,000

International Series Class I

  100,000,000

Global Fixed Income Series Class S

  100,000,000

Global Fixed Income Series Class I

  100,000,000

New York Tax Exempt Series Class A

  100,000,000

Ohio Tax Exempt Series Class A

  100,000,000

Diversified Tax Exempt Series Class A

  100,000,000

Equity Series Class A

  200,000,000

Overseas Series Class A

  200,000,000

High Yield Bond Series Class S

  125,000,000

High Yield Bond Series Class I

  100,000,000

Commodity Series Class A

  30,000,000

Core Bond Series Class A

  125,000,000

Unconstrained Bond Series Class S

  125,000,000

Unconstrained Bond Series Class I

  100,000,000

Disciplined Value Series Class S

  100,000,000

Disciplined Value Series Class I

  100,000,000

Real Estate Series Class S

  100,000,000

Real Estate Series Class I

  100,000,000

Target Income Series Class I

  100,000,000

Target Income Series Class K

  40,000,000

Target Income Series Class R

  40,000,000

Target 2010 Series Class I

  100,000,000

Target 2010 Series Class K

  40,000,000

Target 2010 Series Class R

  40,000,000

Target 2015 Series Class I

  100,000,000

Target 2015 Series Class K

  40,000,000

Target 2015 Series Class R

  40,000,000

Target 2020 Series Class I

  100,000,000

Target 2020 Series Class K

  40,000,000

Target 2020 Series Class R

  40,000,000

Target 2025 Series Class I

  100,000,000


Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

Target 2025 Series Class K

  40,000,000

Target 2025 Series Class R

  40,000,000

Target 2030 Series Class I

  100,000,000

Target 2030 Series Class K

  40,000,000

Target 2030 Series Class R

  40,000,000

Target 2035 Series Class I

  100,000,000

Target 2035 Series Class K

  40,000,000

Target 2035 Series Class R

  40,000,000

Target 2040 Series Class I

  100,000,000

Target 2040 Series Class K

  40,000,000

Target 2040 Series Class R

  40,000,000

Target 2045 Series Class I

  100,000,000

Target 2045 Series Class K

  40,000,000

Target 2045 Series Class R

  40,000,000

Target 2050 Series Class I

  100,000,000

Target 2050 Series Class K

  40,000,000

Target 2050 Series Class R

  40,000,000

Target 2055 Series Class I

  100,000,000

Target 2055 Series Class K

  40,000,000

Target 2055 Series Class R

  40,000,000

Target 2060 Series Class I

  100,000,000

Target 2060 Series Class K

  40,000,000

Target 2060 Series Class R

  40,000,000

Emerging Markets Series Class S

  100,000,000

Emerging Markets Series Class I

  100,000,000

Inflation Focus Equity Series Class A

  100,000,000

Non-U.S. Equity Select Series Class S

  100,000,000

Non-U.S. Equity Select Series Class I

  100,000,000

Quality Equity Series Class S

  100,000,000

Quality Equity Series Class I

  100,000,000

U.S. Equity Select Series Class S

  100,000,000

U.S. Equity Select Series Class I

  100,000,000

Strategic Income Conservative Series Class S

  100,000,000

Strategic Income Conservative Series Class I

  100,000,000

Strategic Income Moderate Series Class S

  100,000,000

Strategic Income Moderate Series Class I

  100,000,000

U.S. Disciplined Value Series Class S

  100,000,000

U.S. Disciplined Value Series Class I

  100,000,000

International Disciplined Value Series Class S

  100,000,000

International Disciplined Value Series Class I

  100,000,000

Dynamic Opportunities Series Class S

  100,000,000

Dynamic Opportunities Series Class I

  100,000,000


Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

Focused Opportunities Series Class S

  100,000,000

Focused Opportunities Series Class I

  100,000,000

Equity Income Series Class S

  100,000,000

Equity Income Series Class I

  100,000,000

Authorized but Unclassified and Unissued

  4,250,000,000

FOURTH:   Immediately after the liquidation and termination of the Financial Services Series Class A and upon filing for record these Articles of Amendment, the Corporation has the authority to issue fifteen billion (15,000,000,000) shares of common stock of the Corporation, par value $0.01 per share, having an aggregate par value of one hundred fifty million dollars ($150,000,000) and classified and designated as follows:

 

Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

Pro-Blend Maximum Term Series Class S

  125,000,000

Pro-Blend Maximum Term Series Class C

  25,000,000

Pro-Blend Maximum Term Series Class R

  52,500,000

Pro-Blend Maximum Term Series Class I

  200,000,000

Pro-Blend Conservative Term Series Class S

  162,500,000

Pro-Blend Conservative Term Series Class C

  25,000,000

Pro-Blend Conservative Term Series Class R

  52,500,000

Pro-Blend Conservative Term Series Class I

  75,000,000

Tax Managed Series Class A

  87,500,000

World Opportunities Series Class A

  2,500,000,000

Pro-Blend Moderate Term Series Class S

  125,000,000

Pro-Blend Moderate Term Series Class C

  25,000,000

Pro-Blend Moderate Term Series Class R

  52,500,000

Pro-Blend Moderate Term Series Class I

  125,000,000

Pro-Blend Extended Term Series Class S

  125,000,000

Pro-Blend Extended Term Series Class C

  25,000,000

Pro-Blend Extended Term Series Class R

  52,500,000

Pro-Blend Extended Term Series Class I

  200,000,000

International Series Class S

  250,000,000

International Series Class I

  100,000,000

Global Fixed Income Series Class S

  100,000,000

Global Fixed Income Series Class I

  100,000,000

New York Tax Exempt Series Class A

  100,000,000

Ohio Tax Exempt Series Class A

  100,000,000

Diversified Tax Exempt Series Class A

  100,000,000

Equity Series Class A

  200,000,000

Overseas Series Class A

  200,000,000

High Yield Bond Series Class S

  125,000,000


Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

High Yield Bond Series Class I

  100,000,000

Core Bond Series Class A

  125,000,000

Unconstrained Bond Series Class S

  125,000,000

Unconstrained Bond Series Class I

  100,000,000

Disciplined Value Series Class S

  100,000,000

Disciplined Value Series Class I

  100,000,000

Real Estate Series Class S

  100,000,000

Real Estate Series Class I

  100,000,000

Target Income Series Class I

  100,000,000

Target Income Series Class K

  40,000,000

Target Income Series Class R

  40,000,000

Target 2010 Series Class I

  100,000,000

Target 2010 Series Class K

  40,000,000

Target 2010 Series Class R

  40,000,000

Target 2015 Series Class I

  100,000,000

Target 2015 Series Class K

  40,000,000

Target 2015 Series Class R

  40,000,000

Target 2020 Series Class I

  100,000,000

Target 2020 Series Class K

  40,000,000

Target 2020 Series Class R

  40,000,000

Target 2025 Series Class I

  100,000,000

Target 2025 Series Class K

  40,000,000

Target 2025 Series Class R

  40,000,000

Target 2030 Series Class I

  100,000,000

Target 2030 Series Class K

  40,000,000

Target 2030 Series Class R

  40,000,000

Target 2035 Series Class I

  100,000,000

Target 2035 Series Class K

  40,000,000

Target 2035 Series Class R

  40,000,000

Target 2040 Series Class I

  100,000,000

Target 2040 Series Class K

  40,000,000

Target 2040 Series Class R

  40,000,000

Target 2045 Series Class I

  100,000,000

Target 2045 Series Class K

  40,000,000

Target 2045 Series Class R

  40,000,000

Target 2050 Series Class I

  100,000,000

Target 2050 Series Class K

  40,000,000

Target 2050 Series Class R

  40,000,000

Target 2055 Series Class I

  100,000,000

Target 2055 Series Class K

  40,000,000

Target 2055 Series Class R

  40,000,000

Target 2060 Series Class I

  100,000,000


Name of Class of

 

Capital Stock

 

 

Number of Shares of

 

            Capital Stock Classified             

 

Target 2060 Series Class K

  40,000,000

Target 2060 Series Class R

  40,000,000

Emerging Markets Series Class S

  100,000,000

Emerging Markets Series Class I

  100,000,000

Non-U.S. Equity Select Series Class S

  100,000,000

Non-U.S. Equity Select Series Class I

  100,000,000

Quality Equity Series Class S

  100,000,000

Quality Equity Series Class I

  100,000,000

U.S. Equity Select Series Class S

  100,000,000

U.S. Equity Select Series Class I

  100,000,000

Strategic Income Conservative Series Class S

  100,000,000

Strategic Income Conservative Series Class I

  100,000,000

Strategic Income Moderate Series Class S

  100,000,000

Strategic Income Moderate Series Class I

  100,000,000

U.S. Disciplined Value Series Class S

  100,000,000

U.S. Disciplined Value Series Class I

  100,000,000

International Disciplined Value Series Class S

  100,000,000

International Disciplined Value Series Class I

  100,000,000

Dynamic Opportunities Series Class S

  100,000,000

Dynamic Opportunities Series Class I

  100,000,000

Focused Opportunities Series Class S

  100,000,000

Focused Opportunities Series Class I

  100,000,000

Equity Income Series Class S

  100,000,000

Equity Income Series Class I

  100,000,000

Authorized but Unclassified and Unissued

  4,380,000,000

FIFTH:   Pursuant to the requirements of Section 2-607 of the Maryland General Corporation Law, these Articles of Amendment are limited to changes expressly authorized by Section 2-605 of the Maryland General Corporation Law to be made without action by the stockholders.


IN WITNESS WHEREOF, MANNING & NAPIER FUND, INC. has caused these Articles of Amendment to be signed in its name and on its behalf by its President and its corporate seal to be hereunto affixed and attested by its Secretary as of the 26th day of May, 2015.

 

 

MANNING & NAPIER FUND, INC.

 

By:/s/ B. Reuben Auspitz

 

B. Reuben Auspitz

 

President

 

[Seal]
Attest:
/s/ Jodi L. Hedberg
Jodi L. Hedberg
Secretary

THE UNDERSIGNED, President of Manning & Napier Fund, Inc., who executed on behalf of said corporation the foregoing Articles of Amendment of which this certificate is made a part, hereby acknowledges, in the name and on behalf of said corporation, the foregoing Articles of Amendment to be the corporate act of said corporation and further certifies that, to the best of his knowledge, information and belief, the matters and facts set forth herein with respect to the approval thereof are true in all material respects, under the penalties of perjury.

 

/s/ B. Reuben Auspitz
B. Reuben Auspitz
President