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Morningstar

SEI Opportunistic Income A (SIIT) ENIAX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 7.87  /  0.13 %
  • Total Assets 533.9 Mil
  • Adj. Expense Ratio
    0.230%
  • Expense Ratio 0.230%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 5.07%
  • Effective Duration 0.75 years

USD | NAV as of Jun 06, 2023 | 1-Day Return as of Jun 06, 2023, 10:23 PM GMT+0

Morningstar’s Analysis ENIAX

Will ENIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ENIAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ENIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of ENIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit SEI Opportunistic Income A (SIIT) to a Morningstar Medalist Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ENIAX

More ENIAX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 884
  • Other Holdings 12
  • % Assets in Top 10 Holdings 2.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SEI Government Institutional (SDIT)

6.23
33,741,079
Cash and Equivalents

Tri-Party Repo (Parib)

1.31
7,100,000
Cash and Equivalents

CONNECTICUT AVENUE SECURITIES TRUST 2023-R04 7.18064%

0.55
3,000,000
Securitized

STAR 2021-SFR2 TRUST 6.70771%

0.54
2,934,676
Securitized

TOWD POINT MORTGAGE TRUST 6.92043%

0.54
2,926,532
Securitized

Freddie Mac Stacr Remic Trust 5.92299%

0.48
2,598,110
Securitized

KENTUCKY HIGHER ED STUDENT LN CORP STUDENT LN REV 5.918%

0.46
2,468,626
municipal

MISSOURI HIGHER ED LN AUTH STUDENT LN REV 5.72043%

0.43
2,352,683
municipal

Freddie Mac Stacr Remic Trust 5.82299%

0.41
2,237,853
Securitized

Strctrd Asset Invt 6.138%

0.41
2,220,816
Securitized