Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
SEI Short Duration Municipal F (STET) SUMAX
- NAV / 1-Day Return 9.95 / +0.01 %
- Total Assets 830.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.630%
- 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 2.37%
- Effective Duration 1.40 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis SUMAX
Will SUMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 2.18 | 18.3 Mil | municipal |
INDIANA ST FIN AUTH ENVIRONMENTAL REV 3.45% | 1.69 | 14.1 Mil | municipal |
ARLINGTON TEX HSG FIN CORP MULTIFAMILY HSG REV 3.5% | 1.31 | 11.0 Mil | municipal |
ROCKPORT IND POLLUTION CTL REV 3.05% | 1.24 | 10.4 Mil | municipal |
LOWER ALA GAS DIST GAS PROJ REV 4% | 1.19 | 10.0 Mil | municipal |
WEST VIRGINIA ECONOMIC DEV AUTH SOLID WASTE DISP FACS REV 3.75% | 1.19 | 10.0 Mil | municipal |
MISSOURI ST ENVIRONMENTAL IMPT & ENERGY RES AUTH ENV IMPT REV 3.5% | 1.14 | 9.6 Mil | municipal |
HOUSTON TEX INDPT SCH DIST 3.5% | 1.14 | 9.5 Mil | municipal |
SAN ANTONIO TEX ELEC & GAS REV 1.75% | 1.03 | 8.6 Mil | municipal |
TULSA OKLA 0.05% | 1.02 | 8.6 Mil | municipal |