Morningstar

Manning & Napier Diversified Tax Exempt Series Fund Class A EXDVX

Morningstar Medalist Rating
Medalist Rating as of | See Manning & Napier Advisors Inc. Investment Hub
  • NAV / 1-Day Return 10.44  /  −0.19 %
  • Total Assets 171.8M
  • Adj. Expense Ratio
    0.430%
  • Expense Ratio 0.470%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.51%
  • Effective Duration 4.84 years

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:50 AM GMT+0

Morningstar’s Analysis EXDVX

Will EXDVX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EXDVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the EXDVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of EXDVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Manning & Napier Diversified TE Series A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings EXDVX

More EXDVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST URBAN DEV CORP REV 5.25%

3.20 6M
municipal

MASSACHUSETTS ST 5%

3.05 5M
municipal

iShares National Muni Bond ETF

2.69 5M
—

WASHINGTON ST 5%

2.61 5M
municipal

BROWARD CNTY FLA WTR & SWR UTIL REV 5%

2.44 4M
municipal

CLARK CNTY NEV 5%

2.43 4M
municipal

WASHINGTON ST 5%

2.33 4M
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

2.14 4M
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

2.07 4M
municipal

IRVING TEX 5%

1.93 3M
municipal

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