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Morningstar

SEI Pennsylvania Municipal Bond Y (STET) SPAYX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 10.21  /  +0.11 %
  • Total Assets 131.3 Mil
  • Adj. Expense Ratio
    0.480%
  • Expense Ratio 0.480%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni Pennsylvania
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.04%
  • Effective Duration 4.39 years

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

Morningstar’s Analysis SPAYX

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

  • People Pillar

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

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit SEI Pennsylvania Municipal Bond Y(STET) to 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 lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SPAYX

More SPAYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 4%

4.06 5.3 Mil
municipal

PENNSYLVANIA ST 4%

2.71 3.6 Mil
municipal

PENNSYLVANIA HIGHER ED ASSISTANCE AGY ED LN REV 5%

2.40 3.2 Mil
municipal

PENNSYLVANIA ST 5%

2.21 2.9 Mil
municipal

COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 5%

1.98 2.6 Mil
municipal

ALLEGHENY CNTY PA HOSP DEV AUTH REV 5%

1.97 2.6 Mil
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

1.90 2.5 Mil
municipal

UNIV PITTSBURGH OF THE COMWLTH SYS OF HIGHER ED PA 5%

1.74 2.3 Mil
municipal

PHILADELPHIA PA GAS WKS REV 5%

1.69 2.2 Mil
municipal

PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5%

1.69 2.2 Mil
municipal