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Notes to Financial Statements unaudited 1 ORGANIZATION Technology Series the Fund is a no load non diversified series of Manning Napier Fund Inc the Corporation The Corporation

EXBAX-Agreements — Fri, 26 Mar 2010 21:18:06 GMT

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Notes to Financial Statements (unaudited)1. ORGANIZATIONTechnology Series (the "Fund") is a no-load non-diversified series of Manning & Napier Fund, Inc. (the"Corporation"). The Corporation is organized as a Maryland Corporation and is registered under the InvestmentCompany Act of 1940, as amended, as an open-end management investment c

MANNING & NAPIER FUND, INC /NY/ - Notes to Mutual Funds Financial Statements - 8-22-1996 - DOC

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Notes to Financial Statements (unaudited)2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) FEDERAL INCOME TAXESThe Fund's policy is to comply with the provisions of the Internal Revenue Code applicable to regulatedinvestment companies. The Fund is not subject to fe

MANAGED MUNICIPAL FUND INC - Notes to Mutual Funds Financial Statements - 1-9-2006

MUNIX-Agreements — Fri, 26 Mar 2010 21:15:22 GMT

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ISI FUNDS NOTES TO FINANCIAL STATEMENTSThe difference between book basis and tax basis unrealized appreciation (depreciation) for Strategy wasprimarily due to wash sales.Strategy's capital loss carryforwards of $95,684, $1,875,067 and $76,314 expire in 2009, 2010 and 2013,respectively. During the year ended October 31, 2005, Managed Mun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 7-7-2005

MAPAX-Agreements — Fri, 26 Mar 2010 21:09:07 GMT

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NOTE 1 -- ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty funds (collectively referred to as the "Funds"

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 1-10-2005

MAPAX-Agreements — Fri, 26 Mar 2010 21:08:17 GMT

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NOTE 11 -- CHANGE IN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM(UNAUDITED):On March 8, 2004, KPMG LLP ("KPMG") was selected as the Trust's independent auditor for the 2004 fiscalyear. The selection of KPMG was recommended by the Trust's Audit Committee, comprised of all Non-Interested Trustees, and was approved by the Trust's Board of

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 1-8-2004

MAPAX-Agreements — Fri, 26 Mar 2010 21:07:12 GMT

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Notes to Financial Statements 21cost of) the closing transaction and the Fund's basis in the contract. The Fund invests in stock index futurescontracts to gain full exposure to changes in stock market prices to fulfill its investment objective.The use of futures contracts invol

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 1-8-2004

MAPAX-Agreements — Fri, 26 Mar 2010 21:06:49 GMT

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Notes to Financial Statementsby the Fund's Manager to be representative of market values at the regular close of business of the New YorkStock Exchange. Temporary cash investments acquired over 60 days to maturity are valued using the latest bidprices or using valuations based on a matrix system (which considers such factors as security pri

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 1-8-2004

MAPAX-Agreements — Fri, 26 Mar 2010 21:06:47 GMT

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Notes to Financial Statementsmarket quotations are not readily available are valued by methods deemed by the Board of Trustees to representfair value.(B) FUTURES CONTRACTS. A futures contract is an agreement to purchase or sell a specified quantity of anunderlying instrument at a specified future date and price, or to make or receive a

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 1-8-2004

MAPAX-Agreements — Fri, 26 Mar 2010 21:06:45 GMT

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Notes to Financial StatementsNOTE 2--SIGNIFICANT ACCOUNTING POLICIES:The Fund prepares its financial statements in accordance with generally accepted accounting principles andfollows the significant accounting policies described below.(A) SECURITIES VALUATION. Equity securities are valued at the latest quoted sales prices as of the cl

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-3-2003

MAPAX-Agreements — Fri, 26 Mar 2010 21:06:24 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-four funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-7-2003

MAPAX-Agreements — Fri, 26 Mar 2010 21:06:03 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-four funds (collectively referred to as the "Fun

MAINSTAY FUNDS Notes to Mutual Funds Financial Statements 3 7 2003

MAPAX-Agreements — Fri, 26 Mar 2010 21:05:58 GMT

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Notes to Financial Statementsdebt securities. These securities pay a premium--a high interest rate or yield--because of the increased risk ofloss. These securities can also be subject to greater price volatility.NOTE 2--SIGNIFICANT ACCOUNTING POLICIES:The following is a summary of significant accounting policies followed by the Fund:

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-7-2003

MAPAX-Agreements — Fri, 26 Mar 2010 21:05:44 GMT

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Notes to Financial Statementsno sale occurs, at the mean between the closing bid price and asked price, (b) by appraising common andpreferred stocks traded on other United States national securities exchanges or foreign securities exchanges asnearly as possible in the manner described in (a) by reference to their principal exchange, includi

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-7-2003

MAPAX-Agreements — Fri, 26 Mar 2010 21:05:09 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-four funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-5-2002 - DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:05:00 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-four funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-5-2002

MAPAX-Agreements — Fri, 26 Mar 2010 21:04:49 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-four funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 4-23-2002

MAPAX-Agreements — Fri, 26 Mar 2010 21:04:47 GMT

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2001 and 2000NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESSNYLIFE LLC, (the "Company") is a wholly owned subsidiary of New York Life Insurance Company ("NewYork Life"). The Company was originally incorporated unde

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-8-2002 - DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:04:33 GMT

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Notes to Financial Statements 29SECURITIES VALUATION. Portfolio securities of the Fund are stated at value determined (a) by appraisingcommon and preferred stocks which are traded on the Exchange at the last sale price on that day or, if no saleoccurs, at the mean between the closi

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-8-2002

MAPAX-Agreements — Fri, 26 Mar 2010 21:04:31 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-four funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-8-2002 - Download as DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:04:19 GMT

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Notes to Financial Statementsno sale occurs, at the mean between the closing bid and asked prices, (b) by appraising common and preferredstocks traded on other United States national securities exchanges or foreign securities exchanges as nearly aspossible in the manner described in (a) by reference to their principal exchange, including th

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-8-2002

MAPAX-Agreements — Fri, 26 Mar 2010 21:04:14 GMT

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Notes to Financial Statementstrading on the Exchange. The net asset value per share of each class of shares is determined by taking the assetsattributable to a class of shares, subtracting the liabilities attributable to that class, and dividing the result by theoutstanding shares of that class.SECURITIES VALUATION. Portfolio securities

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-7-2001 - DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:49 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-five funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-7-2001

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:36 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-five funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-7-2001

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:32 GMT

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THE NOTES TO THE FINANCIAL STATEMENTS ARE AN INTEGRAL PART OF, AND SHOULD BE READ IN CONJUNCTION WITH, THE FINANCIAL STATEMENTS. 18 Class B Class C-------------------------------------------

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-6-2001 - DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:30 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-five funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-6-2001

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:27 GMT

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Notes to Financial Statementsthe assets attributable to a class of shares, subtracting the liabilities attributable to that class, and dividing the resultby the outstanding shares of that class.SECURITIES VALUATION. Portfolio securities of the Fund are stated at value determined (a) by appraisingdebt securities at prices supplied by a p

MAINSTAY FUNDS Notes to Mutual Funds Financial Statements 3 6 2001

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:07 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and comprises twenty-five funds (collectively referred to as the "Fun

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-6-2001 - DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:06 GMT

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MAINSTAY FUNDS Notes to Mutual Funds Financial Statements 3 6 2001 Notes

MAPAX-Agreements — Fri, 26 Mar 2010 21:03:04 GMT

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Notes to Financial Statementsapproved by the Trustees. Short-term securities that mature in more than 60 days are valued at current marketquotations. Short-term securities that mature in 60 days or less are valued at amortized cost if their term tomaturity at purchase was 60 days or less, or by amortizing the difference between market value

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 8-30-2000

MAPAX-Agreements — Fri, 26 Mar 2010 21:02:46 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and is comprised of twenty-three funds (collectively referred to as t

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 8-30-2000

MAPAX-Agreements — Fri, 26 Mar 2010 21:02:45 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and is comprised of twenty-three funds (collectively referred to as t

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 8-30-2000

MAPAX-Agreements — Fri, 26 Mar 2010 21:02:44 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and is comprised of twenty-three funds (collectively referred to as t

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 8-30-2000

MAPAX-Agreements — Fri, 26 Mar 2010 21:02:39 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-endmanagement investment company and is comprised of twenty-three funds (collectively referred to as t

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-7-1999 - DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:01:31 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended, (the "1940 Act") as an open-endmanagement investment company and is comprised of twenty-three funds (collectively referred to as t

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-7-1999 - DOC

MAPAX-Agreements — Fri, 26 Mar 2010 21:01:29 GMT

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NOTE 1--ORGANIZATION AND BUSINESS:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended, (the "1940 Act") as an open-endmanagement investment company and is comprised of twenty-three funds (collectively referred to as t

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-9-1999

MAPAX-Agreements — Fri, 26 Mar 2010 21:01:12 GMT

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Notes to Financial Statementsto be representative of market values at the regular close of business of the Exchange, and (b) by appraising allother securities and other assets, including debt securities for which prices are supplied by a pricing agent but arenot deemed by the sub-adviser to be representative of market values, but excluding

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 9-11-1998

MAPAX-Agreements — Fri, 26 Mar 2010 21:00:36 GMT

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Note 1--Organization and Business:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts business trust. TheTrust is registered under the Investment Company Act of 1940, as amended, (the "1940 Act") as an open-endmanagement investment company and is comprised of twenty-two funds (collectively referred to as the

MAINSTAY FUNDS Notes to Mutual Funds Financial Statements 3 6 1998 Note 1 Organization and Business

MAPAX-Agreements — Fri, 26 Mar 2010 21:00:18 GMT

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Note 1--Organization and Business:The MainStay Funds (the "Trust") was organized on January 9, 1986 as a Massachusetts Business Trust. TheTrust is registered under the Investment Company Act of 1940, as amended, (the "1940 Act") as an open-endmanagement investment company and is comprised of fifteen funds (collectively referred to as the "F

MAINSTAY FUNDS - Notes to Mutual Funds Financial Statements - 3-6-1998

MAPAX-Agreements — Fri, 26 Mar 2010 21:00:15 GMT

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Notes to Financial Statements61st day prior to maturity and value on maturity date if their original term to maturity at purchase exceeded 60days.Events affecting the values of certain portfolio investments that occur between the close of trading on the principalmarket for such investments and the regular close of the Exchange will not

MAINSTAY FUNDS Notes to Mutual Funds Financial Statements 3 6 1998

MAPAX-Agreements — Fri, 26 Mar 2010 20:59:57 GMT

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Notes to Financial Statementswhere such options or futures are principally traded, and (g) by appraising all other securities and other assets,including debt securities for which prices are supplied by a pricing agent but are not deemed by the Sub-Adviserto be representative of market values, but excluding money market instruments with a re