Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.6%
1 yr return
11.5%
3 Yr Avg Return
-3.6%
5 Yr Avg Return
5.3%
Net Assets
$346 M
Holdings in Top 10
8.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.48%
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 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SPWIX - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return -3.6%
- 5 Yr Annualized Total Return 5.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.70%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSIMT SMALL CAP GROWTH FUND
-
Fund Family NameSEI Funds
-
Inception DateApr 20, 1992
-
Shares Outstanding37799
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChad Meade
Fund Description
Under normal circumstances, the Small Cap Growth Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of small companies. The Fund will primarily seek to purchase securities believed to have attractive growth and appreciation potential. For purposes of this Fund, a small company is a company with a market capitalization in the range of companies in the Russell 2000 Index (between $10.1 million and $15.2 billion as of December 31, 2023), as determined
at the time of purchase. The market capitalization range and the composition of the Russell 2000 Index are subject to change. The Fund's investments in equity securities may include common and preferred stocks, warrants and, to a lesser extent, real estate investment trusts (REITs), exchange-traded funds (ETFs) and securities of large capitalization companies. Due to its investment strategy, the Fund may buy and sell securities and other instruments frequently. To a limited extent, the Fund may loan its portfolio securities through a securities lending agent.
The Fund uses a multi-manager approach, relying primarily upon a number of sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers) to manage portions of the Fund's portfolio under the general supervision of SEI Investments Management Corporation, the Fund's adviser (SIMC or the Adviser). Assets of the Fund not allocated to a Sub-Adviser are managed directly by SIMC. In managing its portion of the Fund's assets, SIMC or each Sub-Adviser may apply a variety of quantitative and/or fundamental investment styles. A quantitative investment style generally involves a systematic or rules-based approach to selecting investments based on specific measurable factors. A fundamental investment style generally involves selecting investments through research and analysis of financial statements, relevant industry and economic data, or other characteristics.
The Fund implements the investment recommendations of SIMC and the Sub-Advisers through the use of an overlay manager appointed by SIMC. Each Sub-Adviser and SIMC provides a model portfolio to the overlay manager on an ongoing basis that represents that Sub-Adviser's or SIMC's recommendation as to the securities to be purchased, sold or retained by the Fund. The overlay manager then constructs a portfolio for the Fund that represents the aggregation of the model portfolios of the Sub-Advisers and SIMC, with the weighting of each Sub-Adviser's model in the total portfolio determined by SIMC.
Pursuant to direction from SIMC, the overlay manager has limited authority to vary from the models. For example, SIMC may direct the overlay manager to adjust the portfolio to implement SIMC's forward looking views regarding various portfolio characteristics or factors, or for risk management purposes. The overlay manager may also vary the portfolio implementation to seek trading cost efficiencies, loss harvesting, portfolio rebalancing or other portfolio construction objectives as directed by SIMC.
SPWIX - Performance
Return Ranking - Trailing
| Period | SPWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.6% | -9.5% | 13.9% | 35.33% |
| 1 Yr | 11.5% | -6.8% | 47.1% | 31.69% |
| 3 Yr | -3.6%* | -25.1% | 57.5% | 34.95% |
| 5 Yr | 5.3%* | -4.6% | 43.8% | 80.81% |
| 10 Yr | 6.4%* | 1.1% | 24.2% | 82.07% |
* Annualized
Return Ranking - Calendar
| Period | SPWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.4% | -20.5% | 54.6% | 58.80% |
| 2022 | -23.3% | -82.1% | 32.2% | 11.79% |
| 2021 | -12.3% | -90.6% | 300.1% | 61.44% |
| 2020 | 22.4% | -63.0% | 127.9% | 75.37% |
| 2019 | 16.8% | -7.7% | 42.9% | 74.23% |
Total Return Ranking - Trailing
| Period | SPWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.6% | -9.5% | 13.9% | 35.33% |
| 1 Yr | 11.5% | -6.8% | 47.1% | 31.69% |
| 3 Yr | -3.6%* | -25.1% | 57.5% | 34.95% |
| 5 Yr | 5.3%* | -4.6% | 43.8% | 80.81% |
| 10 Yr | 6.4%* | 1.1% | 24.2% | 82.07% |
* Annualized
Total Return Ranking - Calendar
| Period | SPWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.4% | -19.0% | 136.8% | 71.83% |
| 2022 | -23.3% | -59.9% | 44.3% | 20.89% |
| 2021 | 13.3% | -22.7% | 411.9% | 37.84% |
| 2020 | 22.4% | 1.5% | 150.8% | 91.42% |
| 2019 | 20.9% | 5.5% | 55.3% | 91.35% |
NAV & Total Return History
SPWIX - Holdings
Concentration Analysis
| SPWIX | Category Low | Category High | SPWIX % Rank | |
|---|---|---|---|---|
| Net Assets | 346 M | 207 K | 34.3 B | 62.43% |
| Number of Holdings | 400 | 7 | 1180 | 5.22% |
| Net Assets in Top 10 | 30.4 M | 57.4 K | 2.83 B | 82.09% |
| Weighting of Top 10 | 8.92% | 7.1% | 100.1% | 98.26% |
Top 10 Holdings
- SEI DAILY INCOME TRUST GOVERNMENT FUND (#36) 0.99%
- MATSON INC COMMON STOCK 0.98%
- ALIGHT INC - CLASS A COMMON STOCK 0.96%
- CARGURUS INC COMMON STOCK 0.92%
- QUALYS INC COMMON STOCK 0.92%
- RB GLOBAL INC COMMON STOCK 0.88%
- SEI LIQUIDITY FUND 0.84%
- MEDPACE HOLDINGS INC COMMON STOCK 0.83%
- MR COOPER GROUP INC COMMON STOCK 0.81%
- MIRION TECHNOLOGIES INC COMMON STOCK 0.80%
Asset Allocation
| Weighting | Return Low | Return High | SPWIX % Rank | |
|---|---|---|---|---|
| Stocks | 100.15% | 77.88% | 108.99% | 1.91% |
| Cash | 0.99% | 0.00% | 26.25% | 67.48% |
| Preferred Stocks | 0.00% | 0.00% | 3.53% | 51.48% |
| Other | 0.00% | -0.22% | 5.89% | 60.17% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 45.74% |
| Bonds | 0.00% | 0.00% | 3.22% | 44.70% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SPWIX % Rank | |
|---|---|---|---|---|
| Healthcare | 19.14% | 0.00% | 47.90% | 74.09% |
| Technology | 19.01% | 2.91% | 75.51% | 83.13% |
| Industrials | 17.02% | 0.00% | 36.64% | 51.30% |
| Energy | 11.49% | 0.00% | 55.49% | 2.61% |
| Consumer Cyclical | 9.45% | 0.00% | 24.04% | 82.26% |
| Financial Services | 7.99% | 0.00% | 42.95% | 33.22% |
| Basic Materials | 5.16% | 0.00% | 9.24% | 9.57% |
| Real Estate | 4.72% | 0.00% | 15.31% | 20.87% |
| Consumer Defense | 3.14% | 0.00% | 13.56% | 64.87% |
| Communication Services | 1.82% | 0.00% | 15.31% | 58.09% |
| Utilities | 1.06% | 0.00% | 5.57% | 14.09% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SPWIX % Rank | |
|---|---|---|---|---|
| US | 100.15% | 30.27% | 102.09% | 1.91% |
| Non US | 0.00% | 0.00% | 61.74% | 56.52% |
SPWIX - Expenses
Operational Fees
| SPWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.48% | 0.05% | 23.20% | 29.44% |
| Management Fee | 0.65% | 0.05% | 1.62% | 18.47% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.30% | 0.01% | 0.40% | 96.04% |
Sales Fees
| SPWIX 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% | 5.00% | N/A |
Trading Fees
| SPWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 68.07% |
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.
| SPWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.00% | 439.00% | 97.18% |
SPWIX - Distributions
Dividend Yield Analysis
| SPWIX | Category Low | Category High | SPWIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.01% | 54.78% |
Dividend Distribution Analysis
| SPWIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| SPWIX | Category Low | Category High | SPWIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.70% | -2.47% | 1.10% | 47.44% |
Capital Gain Distribution Analysis
| SPWIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2021 | $9.799 | OrdinaryDividend |
| Dec 13, 2019 | $1.117 | OrdinaryDividend |
| Dec 28, 2012 | $0.028 | OrdinaryDividend |
SPWIX - Fund Manager Analysis
Managers
Chad Meade
Start Date
Tenure
Tenure Rank
Dec 24, 2014
7.44
7.4%
Mr. Meade, Partner and Portfolio Manager of ArrowMark Partners. He has worked in investment management since 1998, has managed investment portfolios since 2006, joined Arrowpoint Asset Management, LLC in May 2013. Mr. Prior to joining Arrowpoint, Mr. Meade served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President AT Janus Capital (2001-2013). Prior to joining Janus Capital, he was a financial analyst for Goldman Sachs’ global investment research team. Chad graduated summa cum laude from Virginia Tech with a bachelor’s degree in Finance and was a member of the Omicron Delta Kappa Honor Society.
Montie Weisenberger
Start Date
Tenure
Tenure Rank
Dec 24, 2014
7.44
7.4%
Montie Weisenberger is a Managing Director and Portfolio Manager of EAM Investors, a firm he co-founded in 2007. Montie is a Portfolio Manager for EAM’s US Small Cap Growth investment strategy, as well as an analyst across all EAM’s strategies. Prior to founding EAM, he was a Senior Vice President and Portfolio Manager at Nicholas-Applegate Capital Management where he had lead portfolio management responsibilities for the firm’s Traditional Small-to-Mid Cap Growth strategy and was a senior member of the firm’s US Micro/Emerging Growth team since 2001. Previously, Montie was a research analyst at Adams, Harkness & Hill, now Canaccord|Genuity, an emerging growth investment bank located in Boston, MA. He also spent more than five years as a finance and strategic management consultant, most recently as a manager with KPMG, LLP. Montie brings 26 years of combined investment management and financial analysis experience to EAM Investors. He holds an MBA and an MHA from Georgia State University and a BA in Business Administration from Flagler College.
Brian Schaub
Start Date
Tenure
Tenure Rank
Dec 24, 2014
7.44
7.4%
Mr. Schaub, Partner and Portfolio Manager of ArrowMark Partners, He has worked in investment management since 2000, has managed investment portfolios since 2006, has been with ArrowMark Partners since 2013, and has co-managed a portion of the Portfolio since 2016. Brian graduated cum laude from Williams College with a bachelor’s degree in Economics and won the Arthur B. Graves, Class of 1858, Essay Prize in Economics for his work on Dell Computer. He holds the Chartered Financial Analyst designation.
Stephen Dolce
Start Date
Tenure
Tenure Rank
Jul 17, 2015
6.88
6.9%
Steven C. Dolce, CFA, serves as Portfolio Manager at SEI Investments Management Corporation. Prior to joining SEI, Mr. Dolce was Partner, Portfolio Manager, Analyst and Investment Committee Member at Philadelphia International Advisors LP (PIA). Previously, Mr. Dolce was a Sector Portfolio Manager and Senior Analyst at DuPont Capital Management (DCM). Mr. Dolce also served as a Global Equity and Derivatives Trader at Grantham, Mayo & Van Otterloo & Co. LLC (GMO) in Boston. Mr. Dolce received his Bachelor of Science from Boston College, Carroll School of Management with a concentration in econo
Paul Bouchey
Start Date
Tenure
Tenure Rank
Jan 15, 2016
6.38
6.4%
Paul leads Parametric’s research and development activities across all strategies. He has authored numerous academic and practitioner articles in publications such as the Journal of Portfolio Management, the Journal of Wealth Management, and the Journal of Index Investing. Paul earned a BA in mathematics and physics from Whitman College and an MS in computational finance and risk management from the University of Washington. A CFA charterholder, he is a member of the CFA Society of Seattle.
Thomas Seto
Start Date
Tenure
Tenure Rank
Jan 15, 2016
6.38
6.4%
Thomas is responsible for all portfolio management and trading related to our equity strategies. Prior to joining Parametric in 1998, Thomas served as the head of US Equity Index investments at Barclays Global Investors. He earned an MBA in finance from the University of Chicago Booth School of Business and a BS in electrical engineering from the University of Washington.
Eugene Barbaneagra
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Eugene Barbaneagra, CFA, serves as Portfolio Manager for the U.S. Equity Factor Allocation, U.S. Managed Volatility, Global Managed Volatility and World Select Equity Funds. Mr. Barbaneagra serves as a Portfolio Manager within the Investment Management Unit. Mr. Barbaneagra is responsible for the portfolio strategy of US and Global Managed Volatility Funds and a number of core Global Equity funds.
David Hintz
Start Date
Tenure
Tenure Rank
Dec 31, 2017
4.42
4.4%
David L. Hintz, CFA serves as a Portfolio Manager for the Large Cap, Large Cap Disciplined Equity, Large Cap Index, S&P 500 Index and Extended Market Index Funds. David L. Hintz is responsible for the management of the portfolios, capital market research, ongoing evaluation and allocation of equity managers and capital for the SEI funds. Prior to joining SEI, Mr. Hintz worked at Russell Investments as a Portfolio Manager and previously as the Head of US Equity Research and a Research Analyst. Mr. Hintz received his Bachelor of Science from Walla Walla University and his M.B.A. from Pacific Lutheran University. Mr. Hintz is a CFA charter holder from the CFA Institute.
Travis Prentice
Start Date
Tenure
Tenure Rank
Dec 31, 2018
3.42
3.4%
Travis Prentice is CEO and Chief Investment Officer of EAM Investors, a firm he co-founded in 2007. In addition, he is Portfolio Manager for EAM’s US and Global strategies, as well as an analyst across all EAM’s strategies. Prior to founding EAM, Travis was a Partner, Managing Director and Portfolio Manager with Nicholas-Applegate Capital Management where he had lead portfolio management responsibilities for their Micro and Ultra Micro Cap investment strategies and a senior role in the firm’s US Micro/Emerging Growth team. He has 24 years of institutional investment experience specializing in small and micro cap equities. He holds an MBA from San Diego State University and a BA in Economics and a BA in Psychology from the University of Arizona.
John Riddle
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
John R. Riddle, CFA, is a Portfolio Manager and Chief Investment Officer of 361 Capital and is responsible for portfolio management, investment research and quantitative analysis. Mr. Riddle is an equity owner in 361 Capital. Previously, Mr. Riddle was a majority owner, one of the founding principals and a Managing Member of BRC Investment Management LLC, which was acquired by 361 Capital on October 31, 2016. At BRC Investment Management LLC, Mr. Riddle served as the Managing Principal and Chief Investment Officer from its inception in May of 2005 until its acquisition by 361 Capital. Mr. Riddle has over 36 years of investment management experience and previously held the positions of President and Chief Investment Officer at Duff & Phelps Investment Management Co.; Chief Executive Officer and Chief Investment Officer with Capital West Asset Management LLC; Director of Research and Portfolio Management with US West, Inc.; Portfolio Manager with GTE Investment Management, Inc.; and Senior Financial Analyst with GTE, Inc. Mr. Riddle received an MBA from the University of Connecticut and a Bachelor of Arts in Finance from the University of Hawaii. Mr. Riddle holds the designation of Chartered Financial Analyst and is a member of the Denver Society of Security Analysts and the CFA Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.01 | 5.25 |