Manning & Napier Diversified TE Series W (MNDWX)

Fund Assets	154.90M
Expense Ratio	0.136%
Min. Investment	$2,000
Turnover	30.00%
Dividend (ttm)	0.31
Dividend Yield	3.09%
Dividend Growth	30.67%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 28, 2026

Previous Close	10.08
YTD Return	-1.64%
1-Year Return	-0.85%
5-Year Return	2.90%
52-Week Low	9.96
52-Week High	10.68
Beta (5Y)	n/a
Holdings	118
Inception Date	Mar 1, 2019

About MNDWX

Manning & Napier Diversified Tax Exempt Series Fund Class W is an actively managed municipal bond mutual fund designed to deliver a high level of current income that is exempt from federal income tax while emphasizing capital preservation. The strategy primarily invests in a diversified portfolio of U.S. municipal securities, allocating across states, sectors, and credit tiers to balance income generation with risk control. The fund is positioned for investors seeking tax-advantaged income and long-term exposure to the municipal market, with interest rate sensitivity typical of high-quality muni portfolios. Class W shares are offered exclusively to discretionary investment accounts and other accounts managed by the advisor, reflecting an institutional-style share class structure tied to advisory relationships. Within the broader fixed income landscape, the fund serves as a core tax-exempt bond allocation, complementing taxable bond holdings and equity exposures by potentially reducing overall portfolio tax drag and adding resilience during equity market volatility. Its track record references the long-standing history of the series, with Class W performance linked to the same underlying portfolio as other classes, differing primarily by expenses.

• Fund Family: Manning & Napier
• Category: Muni National Interm
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: MNDWX
• Share Class: Class W
• Index: Bloomberg 1-15 Y Municipal Blend TR

Performance

MNDWX had a total return of -0.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.96%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
EXDVX	Class A	0.43%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 28, 2026	$0.0287	Sep 28, 2026
Aug 27, 2026	$0.0303	Aug 27, 2026
Jul 28, 2026	$0.0286	Jul 28, 2026
Jun 25, 2026	$0.029	Jun 25, 2026
May 27, 2026	$0.0257	May 27, 2026
Apr 27, 2026	$0.0263	Apr 28, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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