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SPINX SEI S&P 500 Index A (SIIT)

  • Fund
  • SPINX
  • Price as of: Dec 06, 2016
  • $12.26
  • + $0.04
  • + 0.33%
  • Category
  • Large Cap Blend Equities

SPINX - Profile

Vitals

  • YTD Return 8.7%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $3.52 B
  • Holdings in Top 10 18.9%

52 WEEK LOW AND HIGH

$12.26
$10.12
$12.26

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.12%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 13.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

N/A

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 10.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.11%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name SEI Institutional Investments Trust S&P 500 Index Fund
  • Fund Family Name SEI
  • Inception Date Dec 18, 2013
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager John A. Tucker

Fund Description

The SEI Institutional Investments Trust S&P 500 Index Fund Class A (SPINX) is a low-cost, passively managed index fund that provides exposure to large-cap U.S. equities. SPINX tracks the benchmark S&P 500 Index and employs a full-replication strategy, thereby owning all the stocks in the index and achieving exposure to the main sectors of the U.S. economy. The fund may also invest in various derivatives, S&P tracking ETFs, and lend securities to reduce expenses.

As an index covering large-cap stocks and every sector of the market, SPINX makes an ideal core position for any investor’s portfolio. SPINX is managed externally by SSgA Funds Management.

SPINX - Performance

Return Ranking - Trailing

Period SPINX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.7% -82.7% 186.5% 35.90% 2
1 Yr 5.5% -51.7% 28.0% 36.68% 2
3 Yr N/A * -14.4% 16.9% N/A N/A
5 Yr N/A * -1.0% 19.4% N/A N/A
10 Yr N/A * -0.2% 10.3% N/A N/A

* Annualized


Return Ranking - Calendar

Period SPINX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.9% -46.9% 5.7% 10.65% 1
2014 N/A -51.7% 19.5% N/A N/A
2013 N/A -88.0% 41.8% N/A N/A
2012 N/A -100.0% 42.8% N/A N/A
2011 N/A -27.1% 13.3% N/A N/A

Total Return Ranking - Trailing

Period SPINX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.4% -82.7% 190.8% 24.10% 2
1 Yr 8.0% -52.5% 142.7% 20.29% 2
3 Yr N/A * -5.6% 57.6% N/A N/A
5 Yr N/A * -1.0% 19.4% N/A N/A
10 Yr N/A * -0.2% 10.3% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period SPINX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 1.4% -40.3% 13.0% 16.34% 1
2014 N/A -24.8% 54.2% N/A N/A
2013 N/A -93.4% 1119.1% N/A N/A
2012 N/A -100.0% 282.8% N/A N/A
2011 N/A -43.5% 45.5% N/A N/A

NAV & Total Return History

SPINX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

SPINX Category Low Category High SPINX % Rank Quintile
Net Assets 3.52 B 9.87 K 463 B 6.03% 1
Number of Holdings 515 1 3780 4.03% 1
Net Assets in Top 10 678 M 13.1 K 69.4 B 7.91% 2
Weighting of Top 10 18.9% 2.2% 297.1% 28.63% 4

Top 10 Holdings

  1. Apple Inc 3.18%
  2. Exxon Mobil Corp 1.79%
  3. Microsoft Corp 2.42%
  4. Johnson & Johnson 1.65%
  5. General Electric Co 1.35%
  6. Berkshire Hathaway Inc B 1.42%
  7. S&P 500 Index Future Dec16 2.54%
  8. Facebook Inc A 1.58%
  9. Amazon.com Inc 1.61%
  10. JPMorgan Chase & Co 1.30%

Asset Allocation

Weighting Category Low Category High SPINX % Rank Quintile
Stocks
98.00% 0.00% 118.62% 10.84% 3
Cash
1.97% -103.42% 132.07% 16.12% 3
Bonds
0.03% -13.88% 103.49% 7.47% 2
Convertible Bonds
0.00% 0.00% 83.08% 1.87% 2
Preferred Stocks
0.00% 0.00% 90.60% 3.60% 2
Other
0.00% -81.75% 100.00% 11.15% 3

Stock Sector Breakdown

Weighting Category Low Category High SPINX % Rank Quintile
Technology
18.97% 0.00% 63.16% 10.60% 2
Financial Services
14.54% 0.00% 46.84% 16.29% 3
Healthcare
13.84% 0.00% 30.94% 15.07% 3
Consumer Cyclical
10.70% 0.00% 47.61% 16.94% 3
Industrials
10.47% 0.00% 48.43% 16.65% 3
Consumer Defense
9.92% 0.00% 48.03% 9.73% 2
Energy
7.06% -3.67% 22.58% 11.18% 2
Communication Services
4.24% -3.08% 17.25% 7.86% 2
Utilities
3.31% -3.74% 25.88% 7.57% 2
Basic Materials
2.67% 0.00% 23.55% 13.70% 3
Real Estate
2.30% -0.11% 12.73% 10.89% 3

Stock Geographic Breakdown

Weighting Category Low Category High SPINX % Rank Quintile
US
97.59% 0.00% 118.15% 8.56% 2
Non US
0.41% -0.64% 94.30% 23.02% 4

Bond Sector Breakdown

Weighting Category Low Category High SPINX % Rank Quintile
Cash & Equivalents
2.00% -103.47% 131.77% 15.65% 3
Securitized
0.00% -3.93% 53.54% 3.62% 2
Derivative
0.00% -45.35% 46.77% 1.09% 2
Corporate
0.00% 0.00% 95.85% 8.26% 3
Municipal
0.00% 0.00% 67.28% 2.25% 2
Government
0.00% -13.88% 76.37% 5.94% 2

Bond Geographic Breakdown

Weighting Category Low Category High SPINX % Rank Quintile
US
0.03% -13.88% 93.58% 7.34% 2
Non US
0.00% 0.00% 21.97% 4.68% 2

SPINX - Expenses

Operational Fees

SPINX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.12% 0.02% 303.36% 21.43% 1
Management Fee 0.03% 0.00% 2.25% 6.96% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.05% 0.00% 0.45% 4.72% 1

Sales Fees

SPINX Fees (% of AUM) Category Low Category High SPINX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

SPINX Fees (% of AUM) Category Low Category High SPINX Rank Quintile
Max Redemption Fee N/A 0.15% 2.00% N/A N/A

Turnover 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.

SPINX Fees (% of AUM) Category Low Category High SPINX Rank Quintile
Turnover 13.00% 0.00% 1754.00% 14.51% 2

SPINX - Distributions

Dividend Yield Analysis

SPINX Category Low Category High SPINX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.20% 36.19% 3

Dividend Distribution Analysis

SPINX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

SPINX Category Low Category High SPINX % Rank Quintile
Net Income Ratio 2.11% -2.05% 3.95% 3.17% 1

Capital Gain Distribution Analysis

SPINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

SPINX - Managers

John A. Tucker

Manager

Start Date

Dec 18, 2013

Tenure

2.87

Tenure Rank

11.7%

John Tucker, CFA, is a Senior Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in GEBS. He joined the firm in 1988 and is responsible for overseeing the management of all passive equity index strategies and Exchange Traded Funds managed in North America. He is a member of the Senior Leadership Team. Previously, Mr. Tucker was head of the Structured Products Group in SSGA's London office where he was responsible for the management of all index strategies in SSGA's second largest investment center. Mr. Tucker received a BA in Economics from Trinity College and an MS in Finance from Boston College. Mr. Tucker has also earned the Chartered Financial Analyst designation and is a member of the Boston Security Analysts Society and the CFA Institute. In addition, Mr. Tucker is a member of the Russell Index Client Advisory Board and on the S&P U.S. Index Advisory Panel.


Michael J. Feehily

Manager

Start Date

Dec 18, 2013

Tenure

2.87

Tenure Rank

11.7%

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. This group created and managed portfolios that were designed to meet the short-term market exposure needs of institutional clients. Prior to this, Mr. Feehily had been Head of the US Passive Equity Team within SSgA. He joined SSgA in 1997. Mr. Feehily received a Bachelor of Science Degree from Babson College in Finance, Investments, and Economics. He received an MBA in Finance from Bentley College and also earned the Chartered Financial Analyst designation. He is a member of the Boston Security Analysts Society and the CFA Institute. Mr. Feehily is also a former member of the Russell Index Client Advisory Board.


Gregory L. McIntire

Manager

Start Date

Dec 31, 2013

Tenure

2.84

Tenure Rank

11.8%

Greg McIntire has served as a Portfolio Manager on the U.S. Large Cap Equity team within the Investment Management Unit since 2009. In his preceding role, Mr. McIntire served as the Head of Risk Management within SIMC.


Stephen C. Dolce

Manager

Start Date

Sep 30, 2016

Tenure

0.08

Tenure Rank

15.2%

Stephen C. Dolce, CFA serves as a Portfolio Manager for SEI Investments Management Corporation. In this role, Mr. Dolce 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. 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 economics. Mr. Dolce received a Masters of Finance from Northeastern University. Mr. Dolce is a CFA charterholder, a member of AIMR, the Philadelphia Financial Analysts and an industry mentor to the University of Delaware CFA Research Challenge students.


Tenure Analysis

Category Low

0.0

Category High

81.0

Category Average

6.06

Category Mode

4.8