Manning & Napier Diversified Tax Exempt Series W (MNDWX)
10.62
0.00 (0.00%)
USD |
Feb 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.12% | 185.70M | -- | 11.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -29.45M | 4.66% |
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:
96
-159.40M
Peer Group Low
756.38M
Peer Group High
1 Year
% Rank:
58
-29.45M
-1.644B
Peer Group Low
6.901B
Peer Group High
3 Months
% Rank:
76
-403.39M
Peer Group Low
2.033B
Peer Group High
3 Years
% Rank:
73
-4.836B
Peer Group Low
18.27B
Peer Group High
6 Months
% Rank:
73
-421.93M
Peer Group Low
4.282B
Peer Group High
5 Years
% Rank:
57
-7.701B
Peer Group Low
34.86B
Peer Group High
YTD
% Rank:
97
-159.40M
Peer Group Low
756.38M
Peer Group High
10 Years
% Rank:
77
-7.217B
Peer Group Low
46.01B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 10, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.62% |
| Stock | 0.00% |
| Bond | 98.14% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.25% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NEW YORK ST URBAN DEV CORP REV NY 5.250 03/15/2038 | 2.63% | 112.30 | -0.06% |
| MARYLAND ST MD 5.000 03/01/2033 | 2.61% | 112.40 | -0.00% |
| MASSACHUSETTS ST MA 5.000 10/01/2047 | 2.45% | 104.40 | 0.00% |
| iShares National Muni Bond ETF | 2.17% | 108.04 | 0.23% |
| WASHINGTON ST WA 5.000 08/01/2032 | 2.15% | 108.42 | -0.00% |
| WISCONSIN ST WI 5.000 05/01/2038 | 2.13% | 114.59 | -0.07% |
| BROWARD CNTY FLA WTR & SWR UTIL REV FL 5.000 10/01/2038 | 2.01% | 105.78 | -0.04% |
| CLARK CNTY NEV NV 5.000 11/01/2031 | 1.99% | -- | -- |
| WASHINGTON ST WA 5.000 02/01/2037 | 1.92% | 109.85 | -0.05% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV NY 5.000 08/01/2044 | 1.72% | 105.93 | 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 |
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 (2-6-26) | 2.59% |
| 30-Day SEC Yield (1-31-26) | 2.93% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 146 |
| Bond | |
| Yield to Maturity (12-31-25) | 3.12% |
| Effective Duration | 4.98 |
| Average Coupon | 4.81% |
| Calculated Average Quality | 1.937 |
| Effective Maturity | 7.955 |
| Nominal Maturity | 9.473 |
| Number of Bond Holdings | 143 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 3/1/2019 |
| Share Classes | |
| EXDVX | A |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| 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. |