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Morningstar

SEI Short Duration Municipal Y (STET) SHYMX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 9.91  /  +0.01 %
  • Total Assets 833.2 Mil
  • Adj. Expense Ratio
    0.380%
  • Expense Ratio 0.380%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.61%
  • Effective Duration 1.38 years

USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 10:18 PM GMT+0

Morningstar’s Analysis SHYMX

Will SHYMX 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 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.

SEI Short Duration Municipal Y(STET)'s Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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 13.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

2.17 18.3 Mil
municipal

INDIANA ST FIN AUTH ENVIRONMENTAL REV 3.45%

1.67 14.1 Mil
municipal

ARLINGTON TEX HSG FIN CORP MULTIFAMILY HSG REV 3.5%

1.30 10.9 Mil
municipal

ROCKPORT IND POLLUTION CTL REV 3.05%

1.23 10.3 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%

1.13 9.5 Mil
municipal

HOUSTON TEX INDPT SCH DIST 3.5%

1.13 9.5 Mil
municipal

SAN ANTONIO TEX ELEC & GAS REV 1.75%

1.02 8.6 Mil
municipal

TULSA OKLA 0.05%

1.01 8.5 Mil
municipal