Manning & Napier Credit W (MCDWX)
| Fund Assets | 286.10M |
| Expense Ratio | 0.10% |
| Min. Investment | $2,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.57% |
| Dividend Growth | -5.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 25, 2025 |
| Previous Close | 9.23 |
| YTD Return | 5.19% |
| 1-Year Return | 4.28% |
| 5-Year Return | 7.11% |
| 52-Week Low | 8.85 |
| 52-Week High | 9.23 |
| Beta (5Y) | 0.23 |
| Holdings | 151 |
| Inception Date | Apr 14, 2020 |
About MCDWX
Manning & Napier Credit Series Class W is an open-end mutual fund specializing in U.S. dollar-denominated, credit-related instruments. Its principal aim is to provide long-term total return by allocating at least 80% of its assets to investment grade securities, including bonds, and other financial instruments such as derivatives and exchange-traded funds that share similar credit characteristics. Uniquely, the fund is not limited by maturity or duration constraints, allowing for flexible risk management in changing interest rate environments. The fund is managed by an experienced team and is notable for its low expense ratio, positioning it among the most cost-effective options in its peer group. Manning & Napier Credit Series Class W serves institutional and advisor-managed accounts, and plays a significant role as a core fixed income holding within diversified portfolios. Its diversified credit strategy, with investments in government, corporate, and securitized debt, supports its market role as a vehicle for seeking steady income and balanced risk exposure in the U.S. fixed income landscape.
Performance
MCDWX had a total return of 4.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.35%.
Top 10 Holdings
15.65% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. 4.493% | JPM.V4.493 03.24.31 | 2.14% |
| Federal Home Loan Mortgage Corp. 5% | FR.SD8276 | 2.01% |
| Palomino Funding Trust I 7.233% | VST.7.233 05.17.28 | 1.63% |
| Capital One Financial Corp. 6.377% | COF.V6.377 06.08.34 | 1.62% |
| Duke Energy Florida LLC 6.4% | DUK.6.4 06.15.38 | 1.48% |
| Federal Home Loan Mortgage Corp. 4.5% | FR.SD8230 | 1.43% |
| Dreyfus Government Cash Management Fund | DGCXX | 1.38% |
| PNC Financial Services Group Inc. 4.899% | PNC.V4.899 05.13.31 | 1.32% |
| Cenovus Energy Inc 6.75% | CVECN.6.75 11.15.39 | 1.32% |
| Federal National Mortgage Association 5.5% | FN.FS6206 | 1.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2025 | $0.0369 | Sep 26, 2025 |
| Aug 27, 2025 | $0.0383 | Aug 28, 2025 |
| Jul 28, 2025 | $0.0371 | Jul 29, 2025 |
| Jun 26, 2025 | $0.0398 | Jun 27, 2025 |
| May 27, 2025 | $0.0328 | May 28, 2025 |
| Apr 28, 2025 | $0.0368 | Apr 29, 2025 |