# Manning & Napier Target 2030 Series Class I (MTPIX): Mutual Fund Facts & Distributions

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- Issuer: — · Asset class: Equity
- Strategy: Actively Managed · Inception: 2008-03-31

The Manning & Napier Target 2030 Series Class I fund's primary objective is to foster significant capital appreciation over the long term, while simultaneously striving to temper market volatility. This approach is maintained in alignment with its current strategic asset allocation. It achieves this by strategically allocating its investments across a selection of underlying funds, which collectively adhere to a predetermined target asset allocation model. These underlying funds, in turn, employ their own asset allocation strategies, diversifying their holdings across equities (stocks), fix...

## Key Facts

| Metric | Value |
|---|---|
| Price | $9.27 |
| Expense Ratio | — |
| Assets Under Management | $86.4M |
| NAV | $9.27 (2021-01-21 close) |
| Holdings Count | — |
| Distribution Yield (TTM) | — |
| Annual Distribution (TTM) | — /share |
| Distribution Frequency | Semi-Annual |
| 52-Week Range | $9.11 – $12.15 |
| Beta | 0.81 |

## Latest Distribution

- Amount: $0.0290 /share
- Ex-date: 2020-06-22
- Pay date: —

## Frequently Asked Questions

### What does MTPIX invest in?

The Manning & Napier Target 2030 Series Class I fund's primary objective is to foster significant capital appreciation over the long term, while simultaneously striving to temper market volatility. This approach is maintained in alignment with its current strategic asset allocation. It achieves this by strategically allocating its investments across a selection of underlying funds, which collectively adhere to a predetermined target asset allocation model. These underlying funds, in turn, employ their own asset allocation strategies, diversifying their holdings across equities (stocks), fixed income (bonds), and cash investments. Furthermore, the fund retains the flexibility to invest directly in individual equity and fixed income securities, as well as cash equivalents, including money market instruments.

### What is the expense ratio of MTPIX?

An expense ratio for Manning & Napier Target 2030 Series Class I (MTPIX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

### How big is MTPIX?

Manning & Napier Target 2030 Series Class I (MTPIX) manages $86.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is MTPIX actively managed or an index fund?

MTPIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds in exchange for the discretion to over- or under-weight positions.

### When was MTPIX launched?

Manning & Napier Target 2030 Series Class I (MTPIX) launched in March 2008 and is managed by the fund issuer.

### How has MTPIX performed?

MTPIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does MTPIX pay a dividend?

Manning & Napier Target 2030 Series Class I (MTPIX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does MTPIX pay dividends?

Manning & Napier Target 2030 Series Class I pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is MTPIX's dividend yield?

MTPIX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price.

### When is MTPIX's next ex-dividend date?

The most recently announced ex-dividend date for MTPIX was 2020-06-22. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page.

### Why is MTPIX's expense ratio not shown?

Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for Manning & Napier Target 2030 Series Class I (MTPIX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number.

### How does MTPIX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from MTPIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/mtpix
- Distribution history: https://www.dividenddata.com/funds/mtpix/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/mtpix/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/mtpix/expenses
- Peer comparison: https://www.dividenddata.com/funds/mtpix/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.