Manning & Napier Diversified TE Series W (MNDWX)
| Fund Assets | 173.53M |
| Expense Ratio | 0.13% |
| Min. Investment | $2,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.82% |
| Dividend Growth | 26.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 10.49 |
| YTD Return | 0.80% |
| 1-Year Return | 4.29% |
| 5-Year Return | 4.83% |
| 52-Week Low | 10.25 |
| 52-Week High | 10.68 |
| Beta (5Y) | n/a |
| Holdings | 127 |
| 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.
Performance
MNDWX had a total return of 4.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.38%.
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 |
|---|---|---|
| Jun 25, 2026 | $0.029 | Jun 25, 2026 |
| May 27, 2026 | $0.0257 | May 27, 2026 |
| Apr 27, 2026 | $0.0263 | Apr 28, 2026 |
| Mar 26, 2026 | $0.0278 | Mar 27, 2026 |
| Feb 24, 2026 | $0.0245 | Feb 25, 2026 |
| Jan 27, 2026 | $0.0183 | Jan 28, 2026 |