Morningstar

SEI Tax Exempt Trust Pennsylvania Municipal Bond Fund Class F SEPAX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 10.47  /  −0.10 %
  • Total Assets 137.7M
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.640%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni Pennsylvania
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.27%
  • Effective Duration 4.54 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis SEPAX

Will SEPAX outperform in the 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 SEPAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

SEI Pennsylvania Municipal Bond F (STET) holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings SEPAX

More SEPAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 4%

3.85 5M
municipal

PENNSYLVANIA HIGHER ED ASSISTANCE AGY ED LN REV 5%

3.65 5M
municipal

PENNSYLVANIA ST 4%

2.55 4M
municipal

PENNSYLVANIA ST 5%

2.10 3M
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

2.07 3M
municipal

PHILADELPHIA PA HSG AUTH GTD REV 5.25%

2.01 3M
municipal

ADAMS CNTY PA GEN AUTH REV 5%

1.91 3M
municipal

COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 5%

1.88 3M
municipal

ALLEGHENY CNTY PA HOSP DEV AUTH REV 5%

1.87 3M
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

1.79 2M
municipal

Sponsor Center