SDIT GNMA FUND
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.1%
1 yr return
-1.1%
3 Yr Avg Return
-3.3%
5 Yr Avg Return
-0.6%
Net Assets
$44.7 M
Holdings in Top 10
39.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.39%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 405.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SGMYX - Profile
Distributions
- YTD Total Return -2.1%
- 3 Yr Annualized Total Return -3.3%
- 5 Yr Annualized Total Return -0.6%
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.72%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSDIT GNMA FUND
-
Fund Family NameSEI Funds
-
Inception DateMar 20, 1987
-
Shares Outstanding181797
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Conroy
Fund Description
Under normal circumstances, the GNMA Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mortgage-backed securities issued by the Government National Mortgage Association (GNMA). The Fund may also invest in U.S. Treasury securities and U.S. Government securities obligations, and repurchase agreements collateralized by such obligations. In addition, the Fund may enter into dollar roll transactions with selected banks and broker-dealers and invest in to-be-announced
mortgage-backed securities, futures contracts and forward contracts. The Fund will primarily use futures contracts for hedging purposes to manage the Fund's exposure to interest rate risk. There may also be times when the Fund utilizes futures contracts to take an active position on interest rates to either increase or reduce the interest rate sensitivity of the Fund. Due to its investment strategy, the Fund may buy and sell securities and other instruments frequently.
Using a top-down strategy and bottom-up security selection, the sub-adviser (the Sub-Adviser) seeks attractively-valued securities that offer competitive yields. The Sub-Adviser also considers factors such as the anticipated level of interest rates, relative valuations and yield spreads, and the duration of the Fund's entire portfolio. Duration measures the price sensitivity of a fixed income security to changes in interest rates. For example, a five year duration means that the fixed income security will decrease in value by 5% if interest rates rise 1% and increase in value by 5% if interest rates fall 1%.
SGMYX - Performance
Return Ranking - Trailing
Period | SGMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -3.9% | 8.5% | 27.88% |
1 Yr | -1.1% | -5.4% | 31.5% | 18.14% |
3 Yr | -3.3%* | -8.5% | 10.1% | 26.22% |
5 Yr | -0.6%* | -5.9% | 3.5% | 38.50% |
10 Yr | N/A* | -2.2% | 3.3% | 31.18% |
* Annualized
Return Ranking - Calendar
Period | SGMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -1.0% | 22.1% | 3.98% |
2022 | -13.1% | -20.4% | -5.8% | 30.67% |
2021 | -3.7% | -7.1% | 16.6% | 69.55% |
2020 | 1.5% | -1.3% | 8.8% | 79.91% |
2019 | 2.7% | 0.3% | 7.1% | 73.93% |
Total Return Ranking - Trailing
Period | SGMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -3.9% | 8.5% | 27.88% |
1 Yr | -1.1% | -5.4% | 31.5% | 18.14% |
3 Yr | -3.3%* | -8.5% | 10.1% | 26.22% |
5 Yr | -0.6%* | -5.9% | 3.5% | 38.50% |
10 Yr | N/A* | -2.2% | 3.3% | 28.41% |
* Annualized
Total Return Ranking - Calendar
Period | SGMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.5% | -0.5% | 28.8% | 8.41% |
2022 | -10.6% | -18.5% | -3.3% | 23.11% |
2021 | -1.5% | -4.5% | 25.3% | 45.91% |
2020 | 4.3% | -1.3% | 13.0% | 74.30% |
2019 | 5.9% | 1.8% | 11.3% | 45.97% |
NAV & Total Return History
SGMYX - Holdings
Concentration Analysis
SGMYX | Category Low | Category High | SGMYX % Rank | |
---|---|---|---|---|
Net Assets | 44.7 M | 9.43 M | 134 B | 96.90% |
Number of Holdings | 414 | 18 | 12663 | 47.79% |
Net Assets in Top 10 | 18 M | 5.49 M | 43.7 B | 95.58% |
Weighting of Top 10 | 39.94% | 4.6% | 115.2% | 42.92% |
Top 10 Holdings
- GINNIE MAE II POOL G2 MA6994 7.22%
- GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 30YR TBA (FEB) 7.06%
- GINNIE MAE II POOL 30YR TBA (FEBRUARY) 5.08%
- GINNIE MAE II POOL G2 MA7051 3.60%
- GINNIE MAE II POOL 30YR TBA (FEBRUARY) 3.29%
- TRI-PARTY REPURCHASE AGREEMENT (ACT/360) DAILY RESET PARIBAS 3.10%
- GINNIE MAE II POOL 30YR TBA (FEBRUARY) 2.88%
- GINNIE MAE II POOL G2 MA4586 2.65%
- GINNIE MAE II POOL G2 MA7053 2.54%
- GINNIE MAE II POOL 30YR TBA (FEBRUARY) 2.53%
Asset Allocation
Weighting | Return Low | Return High | SGMYX % Rank | |
---|---|---|---|---|
Bonds | 99.58% | 0.08% | 167.02% | 54.42% |
Other | 4.79% | -26.81% | 18.17% | 10.18% |
Stocks | 0.00% | 0.00% | 96.75% | 45.13% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 43.36% |
Convertible Bonds | 0.00% | 0.00% | 3.29% | 43.81% |
Cash | 0.00% | -29.69% | 25.88% | 93.81% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SGMYX % Rank | |
---|---|---|---|---|
Securitized | 93.04% | 0.00% | 99.79% | 8.41% |
Government | 3.82% | 0.00% | 100.00% | 73.89% |
Derivative | 1.69% | -20.68% | 1.69% | 0.88% |
Cash & Equivalents | 0.00% | -29.63% | 33.75% | 94.25% |
Corporate | 0.00% | 0.00% | 9.48% | 59.29% |
Municipal | 0.00% | 0.00% | 5.24% | 55.31% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SGMYX % Rank | |
---|---|---|---|---|
US | 99.58% | 0.08% | 167.02% | 54.42% |
Non US | 0.00% | 0.00% | 12.01% | 44.69% |
SGMYX - Expenses
Operational Fees
SGMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.39% | 0.03% | 3.55% | 81.33% |
Management Fee | 0.09% | 0.00% | 0.85% | 9.73% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.20% | 0.01% | 0.45% | 92.38% |
Sales Fees
SGMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
SGMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
SGMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 405.00% | 3.35% | 948.00% | 96.48% |
SGMYX - Distributions
Dividend Yield Analysis
SGMYX | Category Low | Category High | SGMYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.19% | 0.00% | 4.94% | 71.24% |
Dividend Distribution Analysis
SGMYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SGMYX | Category Low | Category High | SGMYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.72% | -0.80% | 2.96% | 53.33% |
Capital Gain Distribution Analysis
SGMYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.023 | OrdinaryDividend |
Mar 01, 2024 | $0.024 | DailyAccrualFund |
Feb 01, 2024 | $0.023 | DailyAccrualFund |
Jan 02, 2024 | $0.023 | DailyAccrualFund |
Dec 01, 2023 | $0.023 | DailyAccrualFund |
Nov 01, 2023 | $0.023 | DailyAccrualFund |
Oct 02, 2023 | $0.023 | DailyAccrualFund |
Sep 01, 2023 | $0.022 | DailyAccrualFund |
Aug 01, 2023 | $0.022 | DailyAccrualFund |
Jul 03, 2023 | $0.023 | DailyAccrualFund |
Jun 01, 2023 | $0.022 | DailyAccrualFund |
May 01, 2023 | $0.023 | DailyAccrualFund |
Apr 03, 2023 | $0.022 | DailyAccrualFund |
Mar 01, 2023 | $0.022 | DailyAccrualFund |
Feb 01, 2023 | $0.022 | DailyAccrualFund |
Jan 03, 2023 | $0.021 | DailyAccrualFund |
Dec 01, 2022 | $0.022 | DailyAccrualFund |
Nov 01, 2022 | $0.021 | DailyAccrualFund |
Oct 03, 2022 | $0.021 | DailyAccrualFund |
Sep 01, 2022 | $0.021 | DailyAccrualFund |
Aug 01, 2022 | $0.021 | DailyAccrualFund |
Jul 01, 2022 | $0.020 | DailyAccrualFund |
Jun 01, 2022 | $0.020 | DailyAccrualFund |
May 02, 2022 | $0.020 | DailyAccrualFund |
Apr 01, 2022 | $0.018 | DailyAccrualFund |
Mar 01, 2022 | $0.020 | DailyAccrualFund |
Feb 01, 2022 | $0.019 | DailyAccrualFund |
Jan 03, 2022 | $0.017 | DailyAccrualFund |
Dec 01, 2021 | $0.017 | DailyAccrualFund |
Nov 01, 2021 | $0.017 | DailyAccrualFund |
Oct 01, 2021 | $0.018 | DailyAccrualFund |
Sep 01, 2021 | $0.017 | DailyAccrualFund |
Aug 02, 2021 | $0.018 | DailyAccrualFund |
Jul 01, 2021 | $0.017 | DailyAccrualFund |
Jun 01, 2021 | $0.018 | DailyAccrualFund |
May 03, 2021 | $0.019 | DailyAccrualFund |
Apr 01, 2021 | $0.020 | DailyAccrualFund |
Mar 01, 2021 | $0.022 | DailyAccrualFund |
Feb 01, 2021 | $0.015 | DailyAccrualFund |
Jan 04, 2021 | $0.021 | DailyAccrualFund |
Dec 01, 2020 | $0.013 | DailyAccrualFund |
Nov 02, 2020 | $0.016 | DailyAccrualFund |
Oct 01, 2020 | $0.020 | DailyAccrualFund |
Sep 01, 2020 | $0.025 | DailyAccrualFund |
Aug 03, 2020 | $0.017 | DailyAccrualFund |
Jul 01, 2020 | $0.020 | DailyAccrualFund |
Jun 01, 2020 | $0.025 | DailyAccrualFund |
May 01, 2020 | $0.024 | DailyAccrualFund |
Apr 01, 2020 | $0.024 | DailyAccrualFund |
Mar 02, 2020 | $0.025 | DailyAccrualFund |
Feb 03, 2020 | $0.025 | DailyAccrualFund |
Jan 02, 2020 | $0.026 | DailyAccrualFund |
Dec 02, 2019 | $0.026 | DailyAccrualFund |
Nov 01, 2019 | $0.024 | DailyAccrualFund |
Oct 01, 2019 | $0.025 | DailyAccrualFund |
Sep 03, 2019 | $0.022 | DailyAccrualFund |
Aug 01, 2019 | $0.025 | DailyAccrualFund |
Jul 01, 2019 | $0.027 | OrdinaryDividend |
Jun 03, 2019 | $0.026 | DailyAccrualFund |
May 01, 2019 | $0.027 | DailyAccrualFund |
Apr 01, 2019 | $0.025 | DailyAccrualFund |
Mar 01, 2019 | $0.023 | DailyAccrualFund |
Feb 01, 2019 | $0.024 | DailyAccrualFund |
Jan 02, 2019 | $0.027 | DailyAccrualFund |
Dec 03, 2018 | $0.027 | DailyAccrualFund |
Nov 01, 2018 | $0.027 | DailyAccrualFund |
Oct 01, 2018 | $0.027 | DailyAccrualFund |
Sep 04, 2018 | $0.027 | DailyAccrualFund |
Aug 01, 2018 | $0.027 | DailyAccrualFund |
Jul 02, 2018 | $0.026 | DailyAccrualFund |
Jun 01, 2018 | $0.027 | DailyAccrualFund |
May 01, 2018 | $0.027 | DailyAccrualFund |
Apr 02, 2018 | $0.026 | DailyAccrualFund |
Mar 01, 2018 | $0.026 | DailyAccrualFund |
Feb 01, 2018 | $0.027 | DailyAccrualFund |
Jan 02, 2018 | $0.026 | DailyAccrualFund |
Dec 01, 2017 | $0.026 | DailyAccrualFund |
Nov 01, 2017 | $0.026 | DailyAccrualFund |
Sep 01, 2017 | $0.027 | DailyAccrualFund |
Aug 01, 2017 | $0.029 | DailyAccrualFund |
Jul 03, 2017 | $0.026 | DailyAccrualFund |
Jun 01, 2017 | $0.027 | DailyAccrualFund |
May 01, 2017 | $0.027 | DailyAccrualFund |
Apr 03, 2017 | $0.026 | DailyAccrualFund |
Mar 01, 2017 | $0.026 | DailyAccrualFund |
Feb 01, 2017 | $0.025 | DailyAccrualFund |
Jan 03, 2017 | $0.020 | DailyAccrualFund |
Dec 01, 2016 | $0.018 | DailyAccrualFund |
Nov 01, 2016 | $0.019 | DailyAccrualFund |
Oct 03, 2016 | $0.018 | DailyAccrualFund |
Sep 01, 2016 | $0.018 | DailyAccrualFund |
Aug 01, 2016 | $0.019 | DailyAccrualFund |
Jul 01, 2016 | $0.015 | DailyAccrualFund |
Jun 01, 2016 | $0.019 | DailyAccrualFund |
May 02, 2016 | $0.020 | DailyAccrualFund |
Apr 01, 2016 | $0.022 | DailyAccrualFund |
Mar 01, 2016 | $0.023 | DailyAccrualFund |
Feb 01, 2016 | $0.021 | DailyAccrualFund |
Jan 04, 2016 | $0.022 | DailyAccrualFund |
Dec 01, 2015 | $0.020 | DailyAccrualFund |
SGMYX - Fund Manager Analysis
Managers
Brian Conroy
Start Date
Tenure
Tenure Rank
Dec 31, 2012
9.42
9.4%
Brian Conroy, CFA, Managing Director and Fixed Income Portfolio Manager of Wellington Management. Mr. Conroy joined Wellington Management as an investment professional in 2012. Prior to joining Wellington, Mr. Conroy earned his MBA from Harvard Business School in 2012. From 2005 to 2010, he worked at Susquehanna International Group, first as a fixed income trader and then as an equity index derivatives trader.
Richard Bamford
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
Richard A. Bamford serves as a Portfolio Manager for the Fixed Income Team within SIMC's Investment Management Unit. Mr. Bamford is responsible for investment grade debt and municipal bond portfolios. Mr. Bamford's duties include manager analysis and selection, strategy development and enhancement as well as investment research. Mr. Bamford has over 20 years of investment experience in investment management. Prior to joining SEI in 1999, Mr. Bamford worked as a Municipal Credit Analyst for Vanguard. Mr. Bamford received a Bachelor of Science in Economics/Finance and Accounting from the University of Scranton and an M.B.A. with a concentration in Finance from St. Joseph's University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.11 | 31.64 | 8.38 | 7.35 |