MDVZX – Manning & Napier Disciplined Value Z Investment Strategy | Morningstar

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Strategy

The investment seeks to provide competitive returns consistent with the broad equity market while also providing a level of capital protection during market downturns. The fund invests at least 80% of its assets in dividend-paying common stocks. It invests primarily in the common stocks of mid- to large- capitalization companies. The Advisor uses a systematic process to identify stocks of companies that the advisor believes are undervalued in the market, based on factors such as free cash flow generation and earnings power, and that meet other investment criteria relating to minimum dividend yield, dividend sustainability, and financial health.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MDFSX	Manning & Napier Disciplined Value Series Class S	No Load	Open			Mar 1, 2012	$30.24M	0.780%	Average	$2,000	−$15.72M
MDVWX	Manning & Napier Disciplined Value Series Class W	No Load	Open			Mar 1, 2019	$16.27M	0.160%	Low	$0	−$22.32M
MNDFX	Manning & Napier Disciplined Value Series Class I	Institutional	Open			Nov 7, 2008	$54.97M	0.570%	Below Average	$1M	−$7.98M
MDVZX	Manning & Napier Disciplined Value Series Class Z	Institutional	Open			Mar 1, 2019	$14.79M	0.460%	Below Average	$1M	−$12.03M

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