Morningstar

SEI Tax Exempt Trust Short Duration Municipal Fund Class F SUMAX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 10.01  /  0.00
  • Total Assets 714.3M
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio —
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.71%
  • Effective Duration 1.55 years

USD | NAV as of Aug 11, 2026 | 1-Day Return as of Aug 11, 2026, 12:14 AM GMT+0

Morningstar’s Analysis SUMAX

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

  • People Pillar

    The People Pillar is our evaluation of the SUMAX 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 SUMAX’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 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
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Portfolio Holdings SUMAX

More SUMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%

2.14 15M
municipal

ANDOVER KANS 3.5%

1.44 10M
municipal

LAWRENCE KANS 3%

1.34 10M
municipal

DALLAS TEX HSG FIN CORP MULTIFAMILY HSG REV 3.3%

1.23 9M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.17 8M
municipal

TENNERGY CORP TENN GAS REV 5%

1.10 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

BOARD COOP EDL SVCS N Y SECOND SUPERVISORY DIST 3.75%

1.00 7M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

0.99 7M
municipal

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