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Morningstar

SEI High Yield Bond I (SIMT) SEIYX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 5.15  /  0.35 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.110%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 8.27%
  • Effective Duration 3.11 years

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:24 PM GMT+0

Morningstar’s Analysis SEIYX

Will SEIYX 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 SEIYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SEIYX 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 SEIYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

SEI High Yield Bond I(SIMT)'s Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings SEIYX

More SEIYX Holdings
  • Current Portfolio Date
  • Equity Holdings 37
  • Bond Holdings 1161
  • Other Holdings 53
  • % Assets in Top 10 Holdings 5.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SEI Government Institutional (SDIT)

2.02
25,791,955
Cash and Equivalents

Epic Y-Grade Services Lp

0.58
7,367,778
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125%

0.54
6,895,559
Corporate

VistaJet Malta Finance PLC and XO Management Holding Inc 6.375%

0.54
6,873,912
Corporate

Lifescan Global Corp

0.52
6,668,654
Corporate

Rp Escrow Issuer Llc 5.25%

0.51
6,539,938
Corporate

DISH Network Corporation 11.75%

0.51
6,464,278
Corporate

Cornerstone Chemical Company 10.25%

0.48
6,101,700
Corporate

Carnival Corporation 5.75%

0.46
5,859,369
Corporate

Tcp Whitney Clo 0%

0.46
5,825,007
Securitized