Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.4%
1 yr return
4.2%
3 Yr Avg Return
0.2%
5 Yr Avg Return
1.9%
Net Assets
$33.1 M
Holdings in Top 10
85.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.39%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SICIX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.61%
- Dividend Yield 7.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSAAT CONSERVATIVE STRATEGY FUND
-
Fund Family NameSEI Funds
-
Inception DateNov 17, 2003
-
Shares Outstanding11227
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRyan Schneck
Fund Description
Under normal circumstances, the Fund will seek to manage risk of loss while providing the opportunity for modest capital appreciation. Managing the risk of loss does not mean preventing losses, but rather managing the Fund in a manner intended to limit the level of losses that the Fund could incur over any particular period. The Fund predominantly invests in other SEI funds (including exchange-traded funds (ETFs)), each of which has its own investment goal (the Underlying SEI Funds). The Underlying SEI Funds invest, in turn, in securities and other instruments of various asset classes. Each of the Underlying SEI Funds is managed by one or more sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers) under the supervision of SEI Investments Management Corporation (SIMC or the Adviser), or, in certain circumstances, is managed directly by SIMC.
The Fund's assets may be diversified across Underlying SEI bond and money market funds, equity funds, real estate funds and multi-asset funds. The bond funds may consist of a wide range of investment styles that provide exposure to U.S. and/or foreign fixed income securities of varying credit quality (including junk bonds), maturity and duration. The equity funds may consist of a wide range of investment styles that provide investment exposure to U.S. and/or foreign equity securities of companies of various capitalization ranges. The real estate funds provide exposure to the equity securities of real estate companies. The multi-asset funds consist of funds that seek to achieve their investment goals by selecting investments from among a broad range of asset classes. A multi-asset fund may also adjust its allocation among asset classes over short periods of time, and therefore it may provide the Fund with a dynamic investment component. Although a multi-asset fund could consist of equity securities, bonds or real estate securities, it may also provide exposure to additional asset classes, such as commodities.
The Fund's assets are allocated among a variety of Underlying SEI Funds within the following percentage ranges:
Underlying SEI Fund Type | Investment Range(Percentage of the Fund's Assets) | ||
Investment Grade Bond & Money Market Funds | 25-100 | % | |
Multi-Asset Investment Funds | 0-60 | % | |
U.S. Equity Funds | 0-40 | % | |
Non-Investment Grade Bond Funds | 0-35 | % | |
Real Estate Funds | 0-25 | % | |
International Equity Funds | 0-20 | % |
SICIX - Performance
Return Ranking - Trailing
Period | SICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -3.2% | 3.8% | 20.00% |
1 Yr | 4.2% | -6.6% | 12.7% | 44.00% |
3 Yr | 0.2%* | -10.5% | 5.7% | 12.30% |
5 Yr | 1.9%* | -8.8% | 5.9% | 67.83% |
10 Yr | 2.2%* | -2.2% | 3.9% | 75.28% |
* Annualized
Return Ranking - Calendar
Period | SICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.4% | -6.5% | 9.5% | 89.60% |
2022 | -10.4% | -24.6% | -1.5% | 7.32% |
2021 | 0.6% | -8.5% | 3.8% | 24.59% |
2020 | 0.7% | -16.2% | 11.1% | 94.12% |
2019 | 6.2% | 3.0% | 10.7% | 82.61% |
Total Return Ranking - Trailing
Period | SICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -3.2% | 3.8% | 20.00% |
1 Yr | 4.2% | -6.6% | 12.7% | 44.00% |
3 Yr | 0.2%* | -10.5% | 5.7% | 12.30% |
5 Yr | 1.9%* | -8.8% | 5.9% | 67.83% |
10 Yr | 2.2%* | -2.2% | 3.9% | 75.28% |
* Annualized
Total Return Ranking - Calendar
Period | SICIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.8% | -5.6% | 13.3% | 88.80% |
2022 | -6.2% | -22.6% | 8.8% | 8.94% |
2021 | 2.4% | -8.5% | 13.8% | 83.61% |
2020 | 2.6% | -13.7% | 13.5% | 95.80% |
2019 | 9.4% | 5.7% | 18.4% | 88.70% |
NAV & Total Return History
SICIX - Holdings
Concentration Analysis
SICIX | Category Low | Category High | SICIX % Rank | |
---|---|---|---|---|
Net Assets | 33.1 M | 8.81 M | 5.46 B | 84.80% |
Number of Holdings | 16 | 2 | 2856 | 72.00% |
Net Assets in Top 10 | 28.7 M | 9.14 M | 5.27 B | 86.40% |
Weighting of Top 10 | 85.72% | 10.9% | 102.4% | 62.40% |
Top 10 Holdings
- SEI MULTI-ASSET CAP STAB-Y MUTUAL FUND 17.06%
- SIMT CORE FIXED INCOME-Y MUTUAL FUND 14.58%
- SEI SHRT DUR GOVT-Y Mutual Fund 14.07%
- SEI CONSERVATIVE INCOME-Y MUTUAL FUND 9.87%
- SEI GLOBAL MANAGED VOL-Y Mutual Fund 9.35%
- SEI MULTI-ASSET INFL-Y MUTUAL FUND 4.93%
- SEI MULTI-ASSET INCOME-Y MUTUAL FUND 4.46%
- SDIT ULTRA SHRT DUR BND-Y MUTUAL FUND 3.95%
- SEI REAL RETURN FUND-Y MUTUAL FUND 3.95%
- SEI ENHANCED LOW VOL US LRG MUTUAL FUND 3.50%
Asset Allocation
Weighting | Return Low | Return High | SICIX % Rank | |
---|---|---|---|---|
Stocks | 69.94% | 0.00% | 103.14% | 66.40% |
Cash | 30.06% | 0.00% | 73.32% | 6.40% |
Convertible Bonds | 0.47% | 0.00% | 3.97% | 82.40% |
Preferred Stocks | 0.00% | 0.00% | 1.20% | 23.20% |
Other | 0.00% | -79.08% | 39.28% | 32.80% |
Bonds | 0.00% | 0.00% | 162.82% | 47.20% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SICIX % Rank | |
---|---|---|---|---|
Consumer Defense | 19.17% | 0.00% | 22.77% | 2.40% |
Healthcare | 16.68% | 0.00% | 19.76% | 5.60% |
Technology | 14.17% | 0.00% | 25.62% | 84.80% |
Communication Services | 11.71% | 0.00% | 11.71% | 0.80% |
Financial Services | 7.91% | 0.00% | 20.10% | 90.40% |
Industrials | 7.17% | 0.00% | 29.86% | 89.60% |
Utilities | 6.07% | 0.00% | 91.26% | 12.00% |
Energy | 5.72% | 0.00% | 27.98% | 21.60% |
Consumer Cyclical | 5.51% | 0.00% | 12.36% | 91.20% |
Basic Materials | 3.46% | 0.00% | 8.62% | 73.60% |
Real Estate | 2.44% | 0.00% | 78.69% | 89.60% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SICIX % Rank | |
---|---|---|---|---|
US | 69.94% | 0.00% | 103.14% | 66.40% |
Non US | 0.00% | 0.00% | 14.08% | 24.80% |
SICIX - Expenses
Operational Fees
SICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.39% | 0.11% | 6.36% | 24.00% |
Management Fee | 0.10% | 0.00% | 1.25% | 21.60% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.70% | 62.00% |
Sales Fees
SICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
SICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SICIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 6.00% | 318.00% | 4.95% |
SICIX - Distributions
Dividend Yield Analysis
SICIX | Category Low | Category High | SICIX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.30% | 0.00% | 5.22% | 36.00% |
Dividend Distribution Analysis
SICIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
SICIX | Category Low | Category High | SICIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.61% | -1.30% | 3.99% | 48.78% |
Capital Gain Distribution Analysis
SICIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 08, 2024 | $0.055 | OrdinaryDividend |
Dec 29, 2023 | $0.188 | OrdinaryDividend |
Oct 06, 2023 | $0.053 | OrdinaryDividend |
Jul 07, 2023 | $0.053 | OrdinaryDividend |
Apr 06, 2023 | $0.048 | OrdinaryDividend |
Dec 30, 2022 | $0.248 | OrdinaryDividend |
Dec 17, 2022 | $0.148 | OrdinaryDividend |
Oct 07, 2022 | $0.035 | OrdinaryDividend |
Jul 08, 2022 | $0.027 | OrdinaryDividend |
Apr 07, 2022 | $0.013 | OrdinaryDividend |
Dec 31, 2021 | $0.190 | OrdinaryDividend |
Oct 06, 2021 | $0.018 | OrdinaryDividend |
Jul 08, 2021 | $0.024 | OrdinaryDividend |
Apr 07, 2021 | $0.026 | OrdinaryDividend |
Dec 31, 2020 | $0.100 | OrdinaryDividend |
Oct 07, 2020 | $0.007 | OrdinaryDividend |
Jul 08, 2020 | $0.017 | OrdinaryDividend |
Apr 08, 2020 | $0.027 | OrdinaryDividend |
Dec 31, 2019 | $0.176 | OrdinaryDividend |
Dec 16, 2019 | $0.046 | OrdinaryDividend |
Oct 09, 2019 | $0.030 | OrdinaryDividend |
Jul 10, 2019 | $0.039 | OrdinaryDividend |
Apr 10, 2019 | $0.031 | OrdinaryDividend |
Dec 31, 2018 | $0.103 | OrdinaryDividend |
Oct 05, 2018 | $0.023 | OrdinaryDividend |
Jul 10, 2018 | $0.034 | OrdinaryDividend |
Apr 09, 2018 | $0.028 | OrdinaryDividend |
Dec 29, 2017 | $0.131 | OrdinaryDividend |
Oct 06, 2017 | $0.026 | OrdinaryDividend |
Jul 10, 2017 | $0.021 | OrdinaryDividend |
Apr 10, 2017 | $0.018 | OrdinaryDividend |
Dec 30, 2016 | $0.114 | OrdinaryDividend |
Oct 07, 2016 | $0.021 | OrdinaryDividend |
Jul 08, 2016 | $0.021 | OrdinaryDividend |
Apr 08, 2016 | $0.017 | OrdinaryDividend |
Dec 31, 2015 | $0.143 | OrdinaryDividend |
Oct 06, 2015 | $0.017 | OrdinaryDividend |
Jul 09, 2015 | $0.022 | OrdinaryDividend |
Apr 06, 2015 | $0.019 | OrdinaryDividend |
Dec 31, 2014 | $0.125 | OrdinaryDividend |
Oct 06, 2014 | $0.024 | OrdinaryDividend |
Jul 07, 2014 | $0.030 | OrdinaryDividend |
Mar 31, 2014 | $0.015 | OrdinaryDividend |
Dec 31, 2013 | $0.093 | OrdinaryDividend |
Oct 04, 2013 | $0.017 | OrdinaryDividend |
Jul 05, 2013 | $0.030 | OrdinaryDividend |
Mar 28, 2013 | $0.024 | OrdinaryDividend |
Dec 31, 2012 | $0.114 | OrdinaryDividend |
Oct 04, 2012 | $0.027 | OrdinaryDividend |
Jul 06, 2012 | $0.038 | OrdinaryDividend |
Mar 30, 2012 | $0.031 | OrdinaryDividend |
Dec 30, 2011 | $0.076 | OrdinaryDividend |
Oct 06, 2011 | $0.035 | OrdinaryDividend |
Jul 07, 2011 | $0.055 | OrdinaryDividend |
Mar 31, 2011 | $0.033 | OrdinaryDividend |
Dec 31, 2010 | $0.104 | OrdinaryDividend |
Oct 06, 2010 | $0.037 | OrdinaryDividend |
Jul 07, 2010 | $0.050 | OrdinaryDividend |
Mar 31, 2010 | $0.044 | OrdinaryDividend |
Mar 31, 2008 | $0.078 | OrdinaryDividend |
Jul 05, 2007 | $0.107 | OrdinaryDividend |
Mar 30, 2007 | $0.106 | OrdinaryDividend |
Dec 29, 2006 | $0.171 | OrdinaryDividend |
Oct 04, 2006 | $0.099 | OrdinaryDividend |
Jul 06, 2006 | $0.115 | OrdinaryDividend |
Mar 30, 2006 | $0.084 | OrdinaryDividend |
Dec 29, 2005 | $0.092 | OrdinaryDividend |
Oct 05, 2005 | $0.087 | OrdinaryDividend |
Jul 06, 2005 | $0.081 | OrdinaryDividend |
Mar 30, 2005 | $0.064 | OrdinaryDividend |
Jan 03, 2005 | $0.066 | OrdinaryDividend |
Oct 05, 2004 | $0.056 | OrdinaryDividend |
Jul 06, 2004 | $0.035 | OrdinaryDividend |
Apr 02, 2004 | $0.033 | OrdinaryDividend |
SICIX - Fund Manager Analysis
Managers
Ryan Schneck
Start Date
Tenure
Tenure Rank
Mar 27, 2012
10.18
10.2%
Ryan Schneck has served as Portfolio Manager for SEI Investments Management Corporation since 2006. Prior to joining SIMC, Mr. Schneck was part of the global fixed-income research team at Standard & Poor's responsible for credit and default research.
James Smigiel
Start Date
Tenure
Tenure Rank
Mar 27, 2012
10.18
10.2%
Jim Smigiel is Chief Investment Officer of Non-Traditional Strategies. He oversees alternative, hedge fund, property and multi-asset strategies. Previously, he oversaw SEI’s Portfolio Strategies Group and the Global Fixed Income team. Prior to joining SEI, Smigiel served as Portfolio Manager and Senior Investment Officer at PNC Advisors/BlackRock Financial Management, where he managed institutional fixed-income portfolios. Smigiel holds a Bachelor of Science degree in Economics from Drexel University.
Bryan Hoffman
Start Date
Tenure
Tenure Rank
Jul 31, 2016
5.84
5.8%
Bryan Hoffman is SEI’s head of Strategic Asset Allocation, the team within the Portfolio Strategies Group responsible for constructing long-term policy portfolios that span the risk/return spectrum for both institutional and retail clients across the globe. He also conducts asset-class and strategy research, participates in SEI’s active asset-allocation program, and authors white papers. Prior to his current role, Bryan led SEI’s process for creating and maintaining capital-market assumptions and asset-class simulations. Bryan earned his Bachelor of Business Administration from the University of Notre Dame, with majors in finance and economics as well as a supplementary major in philosophy. He is also a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 26.96 | 6.45 | 12.09 |