SEI Tax Exempt Trust Short Duration Municipal Fund Class F

 (MUTF:SUMAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.01%
   
4 week   +0.15%
   
3 month   +0.35%
   
YTD   +0.58%
   
1 year   +0.17%
   
3 years*   +0.22%
   
5 years*   +0.38%
   
*annualized
Best 3 month return+2.20%  
Worst 3 month return-0.70%  

Morningstar statistics

Morningstar category: Muni National Short
  Return Risk Rating
3 years Low Below Average
5 years Below Average Low
10 years Below Average Low
Overall Below Average Low

Key statistics

Total assets1.37B 
Front load-  
Deferred load-  
Expense ratio0.82%  
Management fee-  
Fund familySEI 

Asset allocation

Cash23.70%  
Stocks0.00%  
Bonds76.30%  
Other0.00%  

Purchase information

Initial$100,000  
Additional$1,000  
10.010.00(0.00%)
Apr 27, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks a high level of income exempt from federal income tax consistent with the preservation of capital. The fund will invest, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade municipal securities that pay interest that is exempt from federal income tax, including, but not limited to, municipal bonds, notes, variable rate demand notes and commercial paper.
Fund filings (PDF) »
Asset managers:
Wendy Casetta (Started: Dec 22, 2011)
Kristian Lind (Started: Oct 7, 2011)
Richard Bamford (Started: Dec 31, 2003)
Erin Garrett (Started: Dec 31, 2014)
Peter Moukios (Started: Dec 31, 2016)
Lyle Fitterer (Started: Dec 22, 2011)
Advisor Company:
SEI Investments Management Corp
Fund family reports on Morningstar »
SEI Asset Allocation Trust, 1 Freedom Valley Drive, Oaks, PA 19456, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.33 -0.32 -0.01 0.44
Beta* 0.13 0.11 0.08 0.11
Mean annual return 0.01 0.02 0.03 0.12
R-squared* 72.60 57.55 50.88 44.70
Standard deviation 0.75 0.46 0.41 0.80
Sharpe ratio -0.47 0.08 0.59 1.11
* Against standard index

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