The Disciplined Value CIT has been closed and liquidated as of the end of business on 8/11/2025.
The Disciplined Value CIT Class U closing NAV is $20.6634.
Collective Investment Trusts
Disciplined Value CIT
Investment Objective
To provide competitive returns consistent with the broad equity market while also providing a level of capital protection during market downturns.
Investment Strategy
This fund is designed to offer a diversified portfolio of dividend-paying U.S. equity securities. Using a systematic process with a focus on mid- to large-capitalization U.S. companies, securities are selected based on factors such as free cash flow generation and earnings power, minimum dividend yield, dividend sustainability, and financial health.
May be Appropriate for Investors
- Seeking to add diversification to their retirement portfolio by investing in high-quality, dividend-yielding securities
- Seeking exposure to U.S. companies with meaningful growth potential due to high free cash flow yields and earnings power
Daily Price
$20.66
Daily $ Change
$0.00
Daily % Change
0.00%
as of 08/11/2025
Ticker
MNDVUX
CUSIP
302028774
Inception Date
06/06/2017
This fund is only available for use within certain qualified employee benefit plans.
Important Documents
| Applications & Forms | |
| Annual Report |
YTD
5.36%
1 Year
4.24%
3 Year
8.86%
5 Year
11.05%
10 Year
9.73%
Inception
(10/01/2011)
11.84%
Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. Your investment may fluctuate in value and there is a potential for loss as well as profit.
Performance through the inception date of the Disciplined Value CIT Class U units is not the past performance of the Disciplined Value CIT Fund and is based on historical performance data for the Manning & Napier Disciplined Value – U.S. Composite, which is a weighted average of discretionary separately managed accounts, and may include proprietary mutual fund accounts, that are managed by Manning & Napier Advisors, LLC with a Disciplined Value – U.S. objective. Returns are net of the Class U expenses.
Expense Ratio
| Gross | 0.25% |
*Reflects the Trustee's contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.
| Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|
| US DOLLARS | US | USD | 8,753,928.96 | $8,753,928.96 |
Investments will change over time.
A Word About Risk
All investments involve risks, including possible loss of principal. As with any stock fund, the value of your investment will fluctuate in response to stock market movements. Investing in the Fund will also involve a number of other risks, including issuer-specific risk and mid-cap risk. The Fund invests primarily in dividend-paying equity securities, with a focus on mid- to large- cap companies. There is no assurance or guarantee that such companies will declare, continue to pay, or increase dividends. Stocks of mid-cap companies tend to be more volatile than those of large-cap companies, as midcap companies tend to be more susceptible to adverse business or economic events than larger, more established companies. In addition, because the Advisor manages the Fund using a disciplined screening process, the Fund is subject to the additional risk that the investment approach may not be successful. Further, the Advisor does not intend to make frequent changes to the Fund’s portfolio in response to market movements.
About The Fund Manager
Manning & Napier Advisors, LLC (Manning & Napier) provides investment advisory services to Exeter Trust Company, Trustee of the Manning & Napier Collective Investment Trust Funds. Manning & Napier is headquartered in Rochester, NY and has more than 50 years of experience managing investment objectives. The Firm’s active management approach focuses on participating in rising markets and, as important, helping to reduce the risk of large losses in sustained bear market periods. A team of investment analysts and professionals make all investment decisions in an effort to provide investors with strong risk-adjusted returns.
The Disciplined Value CIT has been closed and liquidated as of the end of business on 8/11/2025.
The Disciplined Value CIT Class U closing NAV is $20.6634.
Daily Price
$20.66
Daily $ Change
$0.00
Daily % Change
0.00%
as of 08/11/2025
Ticker
MNDVUX
CUSIP
302028774
Inception Date
06/06/2017
This fund is only available for use within certain qualified employee benefit plans.
Important Documents
| Applications & Forms | |
| Annual Report |
Investment Objective
To provide competitive returns consistent with the broad equity market while also providing a level of capital protection during market downturns.
Investment Strategy
This fund is designed to offer a diversified portfolio of dividend-paying U.S. equity securities. Using a systematic process with a focus on mid- to large-capitalization U.S. companies, securities are selected based on factors such as free cash flow generation and earnings power, minimum dividend yield, dividend sustainability, and financial health.
May be Appropriate for Investors
- Seeking to add diversification to their retirement portfolio by investing in high-quality, dividend-yielding securities
- Seeking exposure to U.S. companies with meaningful growth potential due to high free cash flow yields and earnings power
YTD
5.36%
1 Year
4.24%
3 Year
8.86%
5 Year
11.05%
10 Year
9.73%
Inception
(10/01/2011)
11.84%
Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. Your investment may fluctuate in value and there is a potential for loss as well as profit.
Performance through the inception date of the Disciplined Value CIT Class U units is not the past performance of the Disciplined Value CIT Fund and is based on historical performance data for the Manning & Napier Disciplined Value – U.S. Composite, which is a weighted average of discretionary separately managed accounts, and may include proprietary mutual fund accounts, that are managed by Manning & Napier Advisors, LLC with a Disciplined Value – U.S. objective. Returns are net of the Class U expenses.
Expense Ratio
| Gross | 0.25% |
*Reflects the Trustee's contractual agreement to limit fees and voluntary agreement to reimburse certain expenses.
| Security Description | Country | Ticker | Shares/Par | Market Value (USD) |
|---|---|---|---|---|
| US DOLLARS | US | USD | 8,753,928.96 | $8,753,928.96 |
Investments will change over time.
A Word About Risk
All investments involve risks, including possible loss of principal. As with any stock fund, the value of your investment will fluctuate in response to stock market movements. Investing in the Fund will also involve a number of other risks, including issuer-specific risk and mid-cap risk. The Fund invests primarily in dividend-paying equity securities, with a focus on mid- to large- cap companies. There is no assurance or guarantee that such companies will declare, continue to pay, or increase dividends. Stocks of mid-cap companies tend to be more volatile than those of large-cap companies, as midcap companies tend to be more susceptible to adverse business or economic events than larger, more established companies. In addition, because the Advisor manages the Fund using a disciplined screening process, the Fund is subject to the additional risk that the investment approach may not be successful. Further, the Advisor does not intend to make frequent changes to the Fund’s portfolio in response to market movements.
About The Fund Manager
Manning & Napier Advisors, LLC (Manning & Napier) provides investment advisory services to Exeter Trust Company, Trustee of the Manning & Napier Collective Investment Trust Funds. Manning & Napier is headquartered in Rochester, NY and has more than 50 years of experience managing investment objectives. The Firm’s active management approach focuses on participating in rising markets and, as important, helping to reduce the risk of large losses in sustained bear market periods. A team of investment analysts and professionals make all investment decisions in an effort to provide investors with strong risk-adjusted returns.