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Morningstar

SEI Ultra Short Duration Bond A (SIIT) SUSAX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 9.79  /  0.09 %
  • Total Assets 333.2 Mil
  • Adj. Expense Ratio
    0.120%
  • Expense Ratio 0.120%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.54%
  • Effective Duration 0.93 years

USD | NAV as of May 31, 2023 | 1-Day Return as of May 31, 2023, 10:19 PM GMT+0

Morningstar’s Analysis SUSAX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit SEI Ultra Short Duration Bond A (SIIT) to a Morningstar Medalist Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SUSAX

More SUSAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 373
  • Other Holdings 10
  • % Assets in Top 10 Holdings 5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2%

2.73
4,400,032
Government

AmeriCredit Automobile Receivables Trust 1.48%

1.28
2,056,698
Securitized

Athene Global Funding 2015-1 5.45113%

1.12
1,801,391
Corporate

United States Treasury Bills 0%

1.11
1,781,983
Government

Madison Pk Fdg Xvii Ltd / Madison Pk FRN 6.26143%

1.01
1,623,510
Securitized

Skyworks Solutions, Inc. 0.9%

1.00
1,603,565
Cash and Equivalents

Bank of America Corporation 5.51859%

0.99
1,587,252
Corporate

JPMorgan Chase & Co. 5.71359%

0.98
1,577,520
Corporate

General Motors Financial Company Inc 5.44859%

0.92
1,482,389
Corporate

Royalty Pharma PLC 0.75%

0.89
1,425,032
Corporate