Morningstar

SEI Tax Exempt Trust Short Duration Municipal Fund Class Y SHYMX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 10.02  /  0.00
  • Total Assets 718.8M
  • Adj. Expense Ratio
    0.380%
  • Expense Ratio —
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 2.96%
  • Effective Duration 1.55 years

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

Morningstar’s Analysis SHYMX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

SEI Short Duration Municipal Y (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

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Portfolio Holdings SHYMX

More SHYMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%

2.52 18M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.65 12M
municipal

ANDOVER KANS 3.5%

1.44 10M
municipal

LAWRENCE KANS 3%

1.35 10M
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 3.07%

1.26 9M
municipal

DALLAS TEX HSG FIN CORP MULTIFAMILY HSG REV 3.3%

1.22 9M
municipal

TENNERGY CORP TENN GAS REV 5%

1.11 8M
municipal

ALACHUA CNTY FLA HSG FIN AUTH MULTIFAMILY REV 3.3%

1.02 7M
municipal

SALT VERDE FINL CORP GAS REV ARIZ 5.25%

1.01 7M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

0.99 7M
municipal

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