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Trending ETFs

Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$17.71

$1.34 B

1.45%

$0.26

0.20%

Vitals

YTD Return

4.7%

1 yr return

24.9%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

10.4%

Net Assets

$1.34 B

Holdings in Top 10

13.4%

52 WEEK LOW AND HIGH

$17.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.20%

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 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$17.71

$1.34 B

1.45%

$0.26

0.20%

SMXAX - Profile

Distributions

  • YTD Total Return 4.7%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 10.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.95%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SIIT Extended Market Index Fund
  • Fund Family Name
    SEI Funds
  • Inception Date
    Feb 28, 2013
  • Shares Outstanding
    94031816
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Feehily

Fund Description

The Fund is managed using a passive/indexing investment approach and invests substantially all of its assets in securities (mostly common stocks) of companies that are included (at the time of purchase) in the Russell Small Cap Completeness Index (the Index). As of July 31, 2023, the market capitalization of the companies included in the Index ranged from $48.38 million to $127.77 billion. The Index is composed of securities of the companies included in the Russell 3000 Index (which includes the largest 3,000 U.S. companies),

excluding the securities of companies that are constituents of the S&P 500 Index (which includes 500 leading U.S. companies). The Index is constructed to attempt to provide a comprehensive and unbiased barometer of the extended broad market of U.S. equity securities beyond that of the 500 leading U.S. companies included in the S&P 500 Index. The Fund's investment performance will depend on the Fund's tracking of the Index and the performance of the Index. The market capitalization range and the composition of the Index are subject to change.

The Fund's sub-adviser (the Sub-Adviser) selects the Fund's securities under the general supervision of SEI Investments Management Corporation (SIMC or the Adviser), but the Sub-Adviser makes no attempt to "manage" the Fund in the traditional sense (i.e., by using economic, market or financial analyses). Instead, the Fund generally will attempt to invest in securities (including interests of real estate investment trusts (REITs)) composing the Index in approximately the same proportions as they are represented in the Index. The Fund's ability to fully replicate the performance of the Index will depend to some extent on the size and timing of cash flows into and out of the Fund, as well as on the level of the Fund's expenses. In some cases, it may not be possible or practicable to purchase all of the securities composing the Index or to hold them in the same weightings as they are represented in the Index. In those cases, the Fund's Sub-Adviser may employ a sampling or optimization technique to construct the Fund's portfolio. In seeking to replicate the performance of the Index, the Fund may also invest in exchange-traded funds (ETFs) and REITs that are not constituents of the Index.

The Sub-Adviser may sell an investment if the merit of the investment has been substantially impaired by extraordinary events or adverse financial conditions. The Fund may, at times, purchase or sell index futures contracts, or options on those futures, or engage in forward or swap transactions in lieu of investing directly in the securities making up the Index or to enhance the Fund's replication of the Index's return. In addition, for liquidity purposes, the Fund may invest in securities that are not included in the Index, cash and cash equivalents or money market instruments, such as reverse repurchase agreements and money market funds. The Fund's return may not match the return of the Index.

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SMXAX - Performance

Return Ranking - Trailing

Period SMXAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -15.6% 30.2% 68.18%
1 Yr 24.9% 2.7% 58.0% 23.57%
3 Yr -0.4%* -26.5% 58.4% 53.52%
5 Yr 10.4%* -2.1% 100.5% 51.36%
10 Yr 8.9%* 0.1% 25.2% 75.75%

* Annualized

Return Ranking - Calendar

Period SMXAX Return Category Return Low Category Return High Rank in Category (%)
2023 22.3% -27.7% 68.0% 31.38%
2022 -28.5% -85.6% 52.8% 36.12%
2021 -5.9% -74.9% 238.3% 66.14%
2020 28.9% -44.1% 2474.5% 45.34%
2019 22.9% -50.2% 44.0% 65.55%

Total Return Ranking - Trailing

Period SMXAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -15.6% 30.2% 68.18%
1 Yr 24.9% 2.7% 58.0% 23.57%
3 Yr -0.4%* -26.5% 58.4% 53.52%
5 Yr 10.4%* -2.1% 100.5% 51.36%
10 Yr 8.9%* 0.1% 25.2% 75.75%

* Annualized

Total Return Ranking - Calendar

Period SMXAX Return Category Return Low Category Return High Rank in Category (%)
2023 25.0% -26.1% 68.0% 21.74%
2022 -25.4% -67.0% 56.8% 32.89%
2021 12.6% -23.5% 342.2% 48.34%
2020 32.9% 2.6% 2549.1% 61.94%
2019 28.0% 14.6% 44.8% 89.56%

NAV & Total Return History


SMXAX - Holdings

Concentration Analysis

SMXAX Category Low Category High SMXAX % Rank
Net Assets 1.34 B 2.73 M 100 B 44.63%
Number of Holdings 2272 25 3644 2.07%
Net Assets in Top 10 181 M 449 K 9.69 B 60.45%
Weighting of Top 10 13.44% 4.2% 98.2% 96.42%

Top 10 Holdings

  1. SEI LIQUIDITY FUND 3.09%
  2. SEI Lquidity Fund LP 2.81%
  3. E-MINI RUSS 2000 MAR24 PHYSICAL INDEX FUTURE. 1.63%
  4. SEI DAILY INCOME TRUST GOVERNMENT FUND (#36) 0.99%
  5. SEI DAILY INCOME TRUST GOVERNMENT FUND (#36) 0.93%
  6. CROWDSTRIKE HOLDINGS INC - A COMMON STOCK 0.88%
  7. KKR CO INC COMMON STOCK 0.83%
  8. MARVELL TECHNOLOGY INC COMMON STOCK 0.78%
  9. SNOWFLAKE INC-CLASS A COMMON STOCK 0.75%
  10. WORKDAY INC-CLASS A COMMON STOCK 0.75%

Asset Allocation

Weighting Return Low Return High SMXAX % Rank
Stocks
89.01% 58.72% 101.30% 98.49%
Cash
11.41% 0.00% 38.96% 1.88%
Other
2.67% -0.18% 16.96% 7.53%
Preferred Stocks
0.00% 0.00% 5.46% 36.16%
Convertible Bonds
0.00% 0.00% 0.40% 27.12%
Bonds
-3.09% -3.09% 3.50% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High SMXAX % Rank
Technology
21.27% 0.04% 62.17% 81.92%
Financial Services
15.04% 0.00% 43.01% 11.30%
Industrials
12.80% 0.00% 38.23% 67.04%
Healthcare
11.60% 0.00% 37.06% 90.02%
Consumer Cyclical
10.59% 0.00% 57.41% 78.53%
Real Estate
9.35% 0.00% 19.28% 6.03%
Energy
5.05% 0.00% 62.10% 15.63%
Basic Materials
4.19% 0.00% 17.25% 19.02%
Communication Services
3.92% 0.00% 18.33% 32.39%
Consumer Defense
3.53% 0.00% 16.40% 23.92%
Utilities
2.64% 0.00% 12.94% 7.72%

Stock Geographic Breakdown

Weighting Return Low Return High SMXAX % Rank
US
89.01% 46.79% 101.30% 94.73%
Non US
0.00% 0.00% 34.57% 45.76%

SMXAX - Expenses

Operational Fees

SMXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.02% 17.54% 96.42%
Management Fee 0.12% 0.00% 1.50% 3.58%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.40% 26.86%

Sales Fees

SMXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SMXAX 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.

SMXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 250.31% 59.96%

SMXAX - Distributions

Dividend Yield Analysis

SMXAX Category Low Category High SMXAX % Rank
Dividend Yield 1.45% 0.00% 33.43% 7.72%

Dividend Distribution Analysis

SMXAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Annual Annual

Net Income Ratio Analysis

SMXAX Category Low Category High SMXAX % Rank
Net Income Ratio 0.95% -2.24% 2.75% 3.06%

Capital Gain Distribution Analysis

SMXAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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SMXAX - Fund Manager Analysis

Managers

Michael Feehily


Start Date

Tenure

Tenure Rank

Feb 28, 2013

9.26

9.3%

Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.

Karl Schneider


Start Date

Tenure

Tenure Rank

Dec 31, 2013

8.42

8.4%

Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.

Amy Scofield


Start Date

Tenure

Tenure Rank

Dec 31, 2013

8.42

8.4%

Amy Scofield is a Principal of SSGA and a Portfolio Manager in the Global Equity Beta Solutions Group. Ms. Scofield rejoined SSGA in November of 2010, after spending two years at Atlantic Trust Company, a private wealth management firm. In her role at Atlantic Trust Company, Ms. Scofield specialized in asset allocation and performance analysis for high net worth clients. Prior to Atlantic Trust Company, Ms. Scofield was a compliance officer at SSGA, where she was responsible for ensuring equity portfolios met specified guidelines. Ms. Scofield also worked as an operations associate in SSGA's International Structured Products Group. Ms. Scofield holds a Bachelor of Arts in Economics from Boston College.

Stephen Dolce


Start Date

Tenure

Tenure Rank

Sep 30, 2016

5.67

5.7%

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

David Hintz


Start Date

Tenure

Tenure Rank

Sep 30, 2017

4.67

4.7%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.39 11.76