About Manning & Napier Target 2040 Series Class I (MTTIX) — Dividend Analysis 2026
The fund seeks to achieve its investment objective by investing in a combination of underlying funds according to a target asset allocation strategy. These underlying funds will pursue asset allocation strategies, and will invest in a combination of equity, fixed income and cash investments. It may also invest directly in equity and fixed income securities and cash equivalents, including money market securities.
Is MTTIX a good dividend investment in 2026?
MTTIX offers a 21.72% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
MTTIX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your MTTIX portfolio grows to $71.4K vs $31.7K without reinvestment. This is the compound interest effect in action.
MTTIX dividend growth history & forecast
MTTIX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 21.72%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 MTTIX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold MTTIX.
Gross yield
21.72%
Tax rate
15.00%
After-tax yield
18.46%
Real yield (−CPI)
15.66%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
21.72%
18.92%
$2,172 / yr
🇺🇸 US Taxable (15%) ✓
15%
18.46%
15.66%
$1,846 / yr
🇺🇸 US Taxable (20%)
20%
17.38%
14.58%
$1,738 / yr
🇬🇧 UK ISA
0%
21.72%
18.92%
$2,172 / yr
🇬🇧 UK Taxable
8.75%
19.82%
17.02%
$1,982 / yr
🇨🇦 TFSA
0%
21.72%
18.92%
$2,172 / yr
🇨🇦 CA Taxable
25%
16.29%
13.49%
$1,629 / yr
🇦🇺 Super (pension)
15%
18.46%
15.66%
$1,846 / yr
🇦🇺 AU Taxable
30%
15.20%
12.40%
$1,520 / yr
🇩🇪 DE Taxable
26.375%
15.99%
13.19%
$1,599 / yr
🇫🇷 FR Taxable
30%
15.20%
12.40%
$1,520 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 MTTIX Income Goal & Break-Even
Dividend Break-Even
6yr
Years for dividends to fully repay your MTTIX investment of $9.21/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$44.4K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$41.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in MTTIX for:
Shares needed
14,118
Capital required
$130,027
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 MTTIX Dividend Payment Schedule
MTTIX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 MTTIX vs Financial Services Benchmarks
How MTTIX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+18.82% vs sectorBetter
MTTIX
21.72%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
MTTIX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
MTTIX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for MTTIX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ MTTIX Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the MTTIX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →