EX-99.A(75) 2 d282492dex99a75.htm ARTICLES OF AMENDMENT TO THE CHARTER Articles of Amendment to the charter

Exhibit a(75)

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:   Pursuant to the authority granted to the Board of Directors of the Corporation (the “Board”) in the Corporation’s Articles of Incorporation (the “Articles”), the Board has duly adopted resolutions on November 17, 2016 for the purpose of authorizing the liquidation and termination of certain Series of the Company’s common stock, and reclassifying and redesignating the eight hundred eighty-seven million, five hundred thousand (887,500,000) 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            

 

U.S. Equity Select Series Class I

     100,000,000

U.S. Equity Select Series Class S

     100,000,000

Non-U.S. Equity Select Series Class I

     100,000,000

Non-U.S. Equity Select Series Class S

     100,000,000

U.S. Disciplined Value Series Class I

     100,000,000

U.S. Disciplined Value Series Class S

     100,000,000

Managed Futures Series Class I

     100,000,000

Managed Futures Series Class S

     100,000,000

Tax Managed Series Class A

     87,500,000

THIRD:   Pursuant to the authority granted to the Board in the Articles, the Board has duly resolutions on November 17, 2016 for the purpose of redesignating certain classes of the Corporation’s common stock, as set forth below:

 

Current Designation

 

  

New Designation

 

Pro-Blend Maximum Term Series Class C    Pro-Blend Maximum Term Series Class R2
Pro-Blend Conservative Term Series Class C    Pro-Blend Conservative Term Series Class R2
Pro-Blend Extended Term Series Class C    Pro-Blend Extended Term Series Class R2
Pro-Blend Moderate Term Series Class C    Pro-Blend Moderate Term Series Class R2
Overseas Series Class A    Overseas Series Class I
Equity Series Class A    Equity Series Class S


FOURTH: Immediately before the resolutions set forth in Articles SECOND and Articles THIRD 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

High Yield Bond Series Class I

   100,000,000

Core Bond Series Class S

   125,000,000

Core Bond Series Class I

   100,000,000

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


Name of Class of

Capital Stock

   Number of Shares of

Capital Stock Classified

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 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

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


Name of Class of

Capital Stock

   Number of Shares of
Capital Stock  Classified

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

Equity Income Series Class S

   100,000,000

Equity Income Series Class I

   100,000,000

Managed Futures Series Class I

   100,000,000

Managed Futures Series Class S

   100,000,000

Authorized but Unclassified and Unissued

   4,460,000,000

FIFTH:    Immediately after the resolutions set forth in Articles SECOND and Articles THIRD 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 R2

   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 R2

   25,000,000

Pro-Blend Conservative Term Series Class R

   52,500,000

Pro-Blend Conservative Term Series Class I

   75,000,000

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 R2

   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 R2

   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


Name of Class of

Capital Stock

   Number of Shares of
Capital Stock Classified

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 S

   200,000,000

Overseas Series Class I

   200,000,000

High Yield Bond Series Class S

   125,000,000

High Yield Bond Series Class I

   100,000,000

Core Bond Series Class S

   125,000,000

Core Bond Series Class I

   100,000,000

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 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


Name of Class of

Capital Stock

   Number of Shares of
Capital Stock Classified

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

Quality Equity Series Class S

   100,000,000

Quality Equity 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

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

Equity Income Series Class S

   100,000,000

Equity Income Series Class I

   100,000,000

Authorized but Unclassified and Unissued

   5,347,500,000

 

SIXTH:  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 2-105 or Section 2-605 of the Maryland General Corporation Law to be made without action by the stockholders.

SEVENTH:  These Articles of Amendment shall become effective at 12:00 a.m., Eastern Time, on March 1, 2017.


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 3rd day of February, 2017.

 

MANNING & NAPIER FUND, INC.
By:   /s/ Michele T. Mosca
  Michele T. Mosca
  President

[Seal]

Attest:

 

/s/ Elizabeth Craig
Elizabeth Craig
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/ Michele T. Mosca
  Michele T. Mosca
  President