Manning & Napier Diversified Tax Exempt Series W (MNDWX)
10.41
+0.01
(+0.10%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.13% | 168.53M | -- | 30.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -58.73M | 3.61% |
Basic Info
| Investment Strategy | |
| The Fund seeks municipal bonds and other securities the income from which is exempt from federal income tax. The Fund, under normal circumstances, will invest at least 80% of its total net assets in securities the income from which is exempt from federal income tax, including the Alternative Minimum Tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Manning & Napier |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
65
-70.72M
Peer Group Low
698.62M
Peer Group High
1 Year
% Rank:
69
-58.73M
-718.23M
Peer Group Low
7.550B
Peer Group High
3 Months
% Rank:
66
-142.63M
Peer Group Low
3.547B
Peer Group High
3 Years
% Rank:
68
-4.737B
Peer Group Low
18.17B
Peer Group High
6 Months
% Rank:
66
-296.30M
Peer Group Low
3.269B
Peer Group High
5 Years
% Rank:
38
-8.513B
Peer Group Low
35.43B
Peer Group High
YTD
% Rank:
74
-444.31M
Peer Group Low
4.025B
Peer Group High
10 Years
% Rank:
66
-7.595B
Peer Group Low
49.04B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.61% |
| Stock | 0.00% |
| Bond | 98.28% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.11% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NEW YORK ST URBAN DEV CORP REV NY 5.250 03/15/2038 | 3.19% | 108.36 | -0.00% |
| MASSACHUSETTS ST MA 5.000 10/01/2047 | 3.06% | 103.67 | -0.11% |
| iShares National Muni Bond ETF | 2.70% | 105.46 | -0.11% |
| WASHINGTON ST WA 5.000 08/01/2032 | 2.64% | 105.72 | -0.00% |
| CLARK CNTY NEV NV 5.000 11/01/2031 | 2.46% | 105.19 | -0.00% |
| BROWARD CNTY FLA WTR & SWR UTIL REV FL 5.000 10/01/2038 | 2.45% | 103.14 | 0.00% |
| WASHINGTON ST WA 5.000 02/01/2037 | 2.33% | 107.56 | -0.00% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV NY 5.000 08/01/2044 | 2.14% | 104.11 | -0.10% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV NY 5.000 06/15/2040 | 2.10% | 102.12 | 0.02% |
| FOND DU LAC WIS WI 5.000 03/01/2031 | 1.59% | 105.36 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.00% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks municipal bonds and other securities the income from which is exempt from federal income tax. The Fund, under normal circumstances, will invest at least 80% of its total net assets in securities the income from which is exempt from federal income tax, including the Alternative Minimum Tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Manning & Napier |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 2.90% |
| 30-Day SEC Yield (7-31-26) | 3.48% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (7-31-26) | 3.73% |
| Effective Duration | 4.84 |
| Average Coupon | 4.83% |
| Calculated Average Quality | 1.935 |
| Effective Maturity | 8.438 |
| Nominal Maturity | 9.933 |
| Number of Bond Holdings | 9 |
As of July 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 3/1/2019 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 3/15/2026 |
| Share Classes | |
| EXDVX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MNDWX", "name") |
| Broad Asset Class: =YCI("M:MNDWX", "broad_asset_class") |
| Broad Category: =YCI("M:MNDWX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MNDWX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |