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Morningstar

SEI Massachusetts Municipal Bd F (STET) SMAAX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 10.01  /  0.00 %
  • Total Assets 60.2 Mil
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.630%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 1.49%
  • Effective Duration 4.61 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis SMAAX

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

  • People Pillar

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

Weakness in SEI Massachusetts Municipal Bd F(STET)'s People and Process Pillar ratings limits this strategy 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

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Portfolio Holdings SMAAX

More SMAAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST 5%

4.92 3.0 Mil
municipal

UNIVERSITY MASS BLDG AUTH PROJ REV 5%

2.81 1.7 Mil
municipal

LOWELL MASS 5%

2.73 1.6 Mil
municipal

BOSTON MASS 4%

2.73 1.6 Mil
municipal

MASSACHUSETTS ST 5%

2.71 1.6 Mil
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5%

2.68 1.6 Mil
municipal

MASSACHUSETTS ST CLEAN WTR TR 5%

2.52 1.5 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.16 1.3 Mil
municipal

WOODS HOLE MARTHAS VINEYARD & NANTUCKET MASS SS BDS 5%

2.15 1.3 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.01 1.2 Mil
municipal