Manning & Napier Divrs Tax Exempt Series Fund (EXDVX)
The fund invests primarily in municipal bonds and other securities the income from which is exempt from federal income tax. It will, under normal circumstances, invest at least 80% of its assets in securities the income from which is exempt from federal income tax, including the Alternative Minimum Tax.
Fund Info
US5638216771
Feb 13, 1994
$2,000
Expense Ratio
EXDVX features an expense ratio of 0.63%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Manning & Napier Divrs Tax Exempt Series Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Manning & Napier Divrs Tax Exempt Series Fund had a return of 0.70% year-to-date (YTD) and 1.68% in the last 12 months. Over the past 10 years, Manning & Napier Divrs Tax Exempt Series Fund had an annualized return of 0.59%, while the S&P 500 had an annualized return of 11.26%, indicating that Manning & Napier Divrs Tax Exempt Series Fund did not perform as well as the benchmark.
EXDVX
0.70%
0.89%
0.33%
1.68%
-0.55%
0.59%
^GSPC (Benchmark)
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
Monthly Returns
The table below presents the monthly returns of EXDVX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.50% | 0.70% | |||||||||||
| 2024 | -0.34% | -0.13% | -0.05% | -1.00% | -0.43% | 1.16% | 0.83% | 0.76% | 0.73% | -1.37% | 1.24% | -1.03% | 0.30% |
| 2023 | 1.88% | -2.01% | 1.90% | -0.33% | -0.93% | 0.64% | 0.25% | -1.03% | -2.02% | -0.35% | 4.29% | 1.92% | 4.10% |
| 2022 | -1.92% | -0.56% | -2.36% | -1.73% | 1.08% | -0.73% | 1.85% | -1.72% | -2.29% | -0.40% | 2.71% | 0.23% | -5.84% |
| 2021 | 0.35% | -1.55% | 0.58% | 0.61% | 0.35% | 0.08% | 0.52% | -0.26% | -0.62% | -0.17% | 0.35% | -5.00% | -4.81% |
| 2020 | 1.53% | 1.24% | -1.25% | -0.80% | 3.04% | 0.13% | 1.13% | -0.43% | -0.04% | -0.35% | 1.13% | -0.45% | 4.90% |
| 2019 | 0.64% | 0.36% | 1.13% | 0.18% | 0.90% | 0.30% | 0.71% | 1.24% | -0.71% | 0.09% | -0.00% | -0.85% | 4.03% |
| 2018 | -0.64% | -0.28% | 0.09% | -0.46% | 0.83% | 0.14% | 0.18% | -0.00% | -0.55% | -0.46% | 0.84% | 0.97% | 0.65% |
| 2017 | 0.55% | 0.55% | -0.03% | 0.64% | 1.00% | -0.32% | 0.45% | 0.54% | -0.58% | -0.09% | -0.90% | 0.55% | 2.37% |
| 2016 | 0.81% | 0.27% | -0.22% | 0.36% | -0.18% | 0.94% | 0.09% | -0.09% | -0.36% | -0.54% | -2.61% | 0.74% | -0.83% |
| 2015 | 0.91% | -0.45% | -0.09% | -0.09% | -0.27% | 0.18% | 0.45% | 0.00% | 0.50% | 0.27% | -0.09% | 0.18% | 1.51% |
| 2014 | 0.73% | 0.55% | -0.82% | 0.46% | 0.36% | 0.00% | 0.09% | 0.45% | -0.23% | 0.18% | 0.00% | -0.27% | 1.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EXDVX is 22, meaning it’s performing worse than 78% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Manning & Napier Divrs Tax Exempt Series Fund (EXDVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Manning & Napier Divrs Tax Exempt Series Fund provided a 1.67% dividend yield over the last twelve months, with an annual payout of $0.17 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.17 | $0.18 | $0.18 | $0.06 | $0.09 | $0.10 | $0.20 | $0.15 | $0.14 | $0.12 | $0.10 | $0.08 |
Dividend yield | 1.67% | 1.75% | 1.67% | 0.60% | 0.80% | 0.90% | 1.79% | 1.38% | 1.25% | 1.10% | 0.86% | 0.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Manning & Napier Divrs Tax Exempt Series Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.01 | $0.00 | $0.01 | ||||||||||
| 2024 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.18 |
| 2023 | $0.00 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.03 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.06 |
| 2021 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.10 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.20 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.15 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.14 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.12 |
| 2015 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.10 |
| 2014 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Manning & Napier Divrs Tax Exempt Series Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Manning & Napier Divrs Tax Exempt Series Fund was 13.79%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current Manning & Napier Divrs Tax Exempt Series Fund drawdown is 6.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.79% | Jul 29, 2021 | 314 | Oct 25, 2022 | — | — | — |
| -12.75% | Jan 24, 2008 | 185 | Oct 16, 2008 | 60 | Jan 13, 2009 | 245 |
| -8.82% | Mar 10, 2020 | 9 | Mar 20, 2020 | 43 | May 21, 2020 | 52 |
| -8.48% | Sep 1, 2010 | 95 | Jan 14, 2011 | 137 | Aug 2, 2011 | 232 |
| -4.1% | Dec 11, 2012 | 260 | Dec 20, 2013 | 535 | Feb 8, 2016 | 795 |
Volatility
Volatility Chart
The current Manning & Napier Divrs Tax Exempt Series Fund volatility is 0.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.