Skip to Content
Morningstar

SEI Pennsylvania Municipal Bond F (STET) SEPAX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 10.24  /  +0.01 %
  • Total Assets 134.5 Mil
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.630%
  • 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 1.82%
  • Effective Duration 4.10 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis SEPAX

Will SEPAX 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 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.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit SEI Pennsylvania Municipal Bond F(STET) to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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 21.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 4%

3.93 5.4 Mil
municipal

PENNSYLVANIA ST 4%

2.63 3.6 Mil
municipal

PENNSYLVANIA HIGHER ED ASSISTANCE AGY ED LN REV 5%

2.34 3.2 Mil
municipal

PENNSYLVANIA ST 5%

2.22 3.1 Mil
municipal

COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 5%

1.93 2.7 Mil
municipal

ALLEGHENY CNTY PA HOSP DEV AUTH REV 5%

1.92 2.6 Mil
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

1.88 2.6 Mil
municipal

SEI Government Institutional (SDIT)

1.80 2.5 Mil
Cash and Equivalents

UNIV PITTSBURGH OF THE COMWLTH SYS OF HIGHER ED PA 5%

1.75 2.4 Mil
municipal

PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5%

1.68 2.3 Mil
municipal