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Name

As of 04/18/2024

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

Catholic Values Equity Fund

CAVAX | Fund

$14.78

$361 M

0.00%

1.24%

Vitals

YTD Return

3.0%

1 yr return

16.8%

3 Yr Avg Return

3.7%

5 Yr Avg Return

9.5%

Net Assets

$361 M

Holdings in Top 10

17.1%

52 WEEK LOW AND HIGH

$14.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.24%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$500

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/18/2024

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

Catholic Values Equity Fund

CAVAX | Fund

$14.78

$361 M

0.00%

1.24%

CAVAX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 9.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.61%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Catholic Values Equity Fund
  • Fund Family Name
    SEI Funds
  • Inception Date
    May 29, 2015
  • Shares Outstanding
    22038820
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Clarke

Fund Description

Under normal market conditions, at least 80% of the Fund's net assets (plus the amount of any borrowings for investment purposes) will be invested in a diversified portfolio of common stocks of companies that the Fund's portfolio managers believe have long-term growth potential.

The Fund seeks to make investment decisions consistent with the principles of the Catholic Church with respect to a range of social and moral concerns that may include: protecting human life; promoting human

dignity; reducing arms production; pursuing economic justice; protecting the environment, and encouraging corporate responsibility. This will be accomplished through the reliance on the principles contained in the United States Conference of Catholic Bishops' (USCCB) Socially Responsible Investing Guidelines (Guidelines). Potential investments for the Fund are first selected for financial soundness and then evaluated according to the Fund's social criteria. The Fund's investment adviser, SEI Investments Management Corporation (SIMC, or the Adviser), has retained a third party environmental, social, and governance research firm to compile a list of restricted securities, using principles contained in the Guidelines, in which the Fund will not be permitted to invest. The Fund will not invest in issuers identified through this process. SIMC reserves the right to modify the criteria from time to time to maintain alignment with evolving Catholic social and moral positions.

The Fund invests in common stocks and other equity securities, which may include preferred stocks, warrants, participation notes and depositary receipts. The Fund invests primarily in securities of domestic companies, but may also, to a lesser extent, invest in securities of foreign companies, which may include companies in emerging markets. The Fund generally invests in larger companies, although it may purchase securities of companies of any size, including small companies. The Fund may invest in exchange-traded funds (ETFs) or equity swaps to obtain exposure to the equity market during high volume periods of investment into the Fund.

SIMC seeks to enhance performance and reduce market risk by strategically allocating the Fund's assets among multiple sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers). The allocation is made based on the Adviser's desire to achieve performance objectives while keeping appropriate balance among differing investment styles and philosophies offered by the Sub-Advisers, including growth-oriented, value-oriented, stability-oriented, momentum-oriented, quality-oriented and/or blended approaches to selecting investments. Growth-oriented managers generally select stocks they believe have attractive growth and appreciation potential in light of such characteristics as revenue and earnings growth, expectations from professional financial research analysts and momentum, while stability-oriented managers generally select stocks they believe have sustainable competitive advantages, less economic sensitivity and/or less volatility, and value-oriented managers generally select stocks they believe are attractively valued in light of fundamental characteristics such as assets, capital structure, earnings, and/or cash flows. Quality-oriented managers generally identify businesses that possess quality management teams, favorable industry dynamics and attractive or improving financials and seek to invest in companies that are trading at meaningful discounts relative to intrinsic value by identifying such companies before quality is evident in their financials. Momentum-oriented managers generally select securities that are rising in value and that they believe will continue to rise and sell such investments when they have peaked.

The Fund implements its views on the Guidelines through the use of Sub-Advisers that invest directly and a designated Sub-Adviser that acts as an overlay manager and implements the portfolio recommendations of the other Sub-Advisers. Such other Sub-Advisers provide a model portfolio to the Fund on an ongoing basis that represents their recommendations as to the securities to be purchased, sold or retained by the Fund. The overlay manager constructs a portfolio for the Fund that represents the aggregation of the model portfolios, with the weighting of each Sub-Adviser's model in the total portfolio determined by the Adviser. The overlay manager implements the portfolio consistent with that represented by the aggregation of the model portfolios, but also has the authority to vary from such aggregation: (i) to conform the Fund's securities transactions by avoiding issuers identified as not aligning with the Guidelines; (ii) to favor, consistent with the Guidelines, securities of companies that are more highly ranked with respect to environmental, social and governance ("ESG") criteria (e.g., company business models, corporate governance policies, relationships with

stakeholders, and history of controversies) than other companies in the Fund's portfolio; (iii) to seek to achieve lower volatility; and (iv) to a lesser extent, manage risks, seek trading cost efficiencies or efficient tax management. In addition to acting as overlay manager, the overlay manager may also manage a portion of the Fund's portfolio, as determined by the Adviser.

The Fund may sell a security when it becomes substantially overvalued or is experiencing deteriorating fundamentals as a result of changes in portfolio strategy or to help the overlay manager meet the Fund's investment strategies.

Read More

CAVAX - Performance

Return Ranking - Trailing

Period CAVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -47.2% 13.6% 77.65%
1 Yr 16.8% -38.4% 43.3% 75.96%
3 Yr 3.7%* -15.0% 26.8% 90.15%
5 Yr 9.5%* -2.7% 106.3% 85.71%
10 Yr N/A* 2.2% 20.5% N/A

* Annualized

Return Ranking - Calendar

Period CAVAX Return Category Return Low Category Return High Rank in Category (%)
2023 19.8% -42.6% 47.4% 44.65%
2022 -21.4% -56.3% -4.2% 52.72%
2021 3.1% -27.2% 53.7% 89.16%
2020 13.9% -36.2% 2181.7% 37.17%
2019 23.1% -22.7% 40.4% 49.60%

Total Return Ranking - Trailing

Period CAVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -47.2% 13.6% 77.65%
1 Yr 16.8% -38.4% 43.3% 75.96%
3 Yr 3.7%* -15.0% 26.8% 90.15%
5 Yr 9.5%* -2.7% 106.3% 85.71%
10 Yr N/A* 2.2% 20.5% N/A

* Annualized

Total Return Ranking - Calendar

Period CAVAX Return Category Return Low Category Return High Rank in Category (%)
2023 21.7% -5.0% 47.4% 64.54%
2022 -18.5% -36.8% -2.2% 57.29%
2021 20.7% 3.0% 124.3% 91.12%
2020 17.3% -15.8% 2266.0% 49.62%
2019 28.1% -0.4% 241.3% 68.77%

NAV & Total Return History

CAVAX - Holdings

Concentration Analysis

CAVAX Category Low Category High CAVAX % Rank
Net Assets 361 M 2.34 M 1.55 T 72.21%
Number of Holdings 949 1 4053 5.10%
Net Assets in Top 10 55.8 M 885 K 387 B 84.07%
Weighting of Top 10 17.08% 0.3% 112.0% 97.79%

Top 10 Holdings

  1. MICROSOFT CORP COMMON STOCK 3.81%
  2. APPLE INC COMMON STOCK 3.04%
  3. SEI DAILY INCOME TRUST GOVERNMENT FUND (#36) 1.88%
  4. NVIDIA CORP COMMON STOCK 1.66%
  5. SP500 EMINI FUT DEC23 PHYSICAL INDEX FUTURE. 1.47%
  6. AMAZON.COM INC COMMON STOCK 1.27%
  7. VISA INC-CLASS A SHARES COMMON STOCK 1.13%
  8. META PLATFORMS INC COMMON STOCK 1.08%
  9. ALPHABET INC-CL C COMMON STOCK 1.03%
  10. INTUIT INC COMMON STOCK 0.71%

Asset Allocation

Weighting Return Low Return High CAVAX % Rank
Stocks 		97.24% 0.00% 124.03% 79.36%
Other 		2.00% -13.91% 100.00% 5.65%
Cash 		1.88% 0.00% 99.06% 33.28%
Preferred Stocks 		0.00% 0.00% 2.38% 73.55%
Convertible Bonds 		0.00% 0.00% 5.54% 73.23%
Bonds 		0.00% -0.50% 93.78% 74.73%

Stock Sector Breakdown

Weighting Return Low Return High CAVAX % Rank
Technology 		20.25% 0.00% 48.94% 75.16%
Financial Services 		15.56% 0.00% 55.59% 25.72%
Healthcare 		12.82% 0.00% 60.70% 78.91%
Industrials 		12.07% 0.00% 29.90% 18.13%
Consumer Cyclical 		11.72% 0.00% 30.33% 25.40%
Consumer Defense 		8.49% 0.00% 47.71% 21.41%
Communication Services 		5.31% 0.00% 27.94% 85.06%
Energy 		4.66% 0.00% 41.64% 36.50%
Basic Materials 		3.48% 0.00% 25.70% 28.35%
Real Estate 		2.86% 0.00% 31.91% 44.17%
Utilities 		2.78% 0.00% 20.91% 45.53%

Stock Geographic Breakdown

Weighting Return Low Return High CAVAX % Rank
US 		81.85% 0.00% 124.03% 96.31%
Non US 		15.39% 0.00% 62.81% 1.41%

CAVAX - Expenses

Operational Fees

CAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.24% 0.01% 16.07% 24.57%
Management Fee 0.60% 0.00% 1.89% 64.27%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% 91.31%

Sales Fees

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

Trading Fees

CAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

CAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% 82.49%

CAVAX - Distributions

Dividend Yield Analysis

CAVAX Category Low Category High CAVAX % Rank
Dividend Yield 0.00% 0.00% 25.99% 54.68%

Dividend Distribution Analysis

CAVAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

CAVAX Category Low Category High CAVAX % Rank
Net Income Ratio 0.61% -54.00% 6.06% 54.57%

Capital Gain Distribution Analysis

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

Distributions History

View More +

CAVAX - Fund Manager Analysis

Managers

James Clarke

Start Date

Tenure

Tenure Rank

Apr 30, 2015

7.09

7.1%

James J. Clarke, Brandywine Global's Portfolio Manager and Director of Fundamental Research. He rejoined the Firm in December 2008 after three years serving as a founding partner of Clarke Bennitt, LLC. From 1997 to 2005, Jim worked as an equity analyst and portfolio manager for Brandywine Global’s large, mid, and small cap value equity portfolios, and as lead manager of the Firm’s small cap portfolios for five years. Prior to his initial term of employment with Brandywine Global, Jim worked as a financial analyst at Morgan Stanley in New York and Tokyo (1991-1995). He earned a B.A. in History from Williams College where he was a member of Phi Beta Kappa and graduated summa cum laude. Jim earned an M.B.A. in Finance from Columbia University.

Patrick Kaser

Start Date

Tenure

Tenure Rank

Apr 30, 2015

7.09

7.1%

Patrick S. Kaser, CFA, Brandywine Global's Managing Director and Portfolio Manager, who is responsible for researching the financial and healthcare sectors and contributing insights and stock recommendations. He joined the Firm in 1998. He is a member of the Firm’s Executive Board. Before becoming a portfolio manager, Patrick worked for the Firm as an analyst on the Large Cap Value Equity team. He was also with Dean Witter as an account executive (1996-1997). Patrick is a CFA® charterholder and earned an M.B.A. in Finance from the University of Delaware and a B.A. in Political Science from Arizona State University. He is a member of the CFA Society of Philadelphia and has been quoted in The Wall Street Journal, BusinessWeek, The Washington Post, Barron’s and others. Patrick has appeared on CNBC, Fox Business News, and Bloomberg television and radio.

Ruairi O'Neill

Start Date

Tenure

Tenure Rank

Dec 31, 2016

5.42

5.4%

Ruairi joined Coho Partners in 2014 to focus on research and portfolio management. In addition to his portfolio management and research responsibilities, Ruairi is a member of the Investment Committee and a partner of the firm. He has 26 years of experience in the financial industry.

David McGonigle

Start Date

Tenure

Tenure Rank

Sep 13, 2019

2.72

2.7%

Mr. McGonigle is a Portfolio Manager and a Principal at Copeland Capital Management. His primary coverage responsibilities are in the Consumer Discretionary, Financial and Industrial sectors across all U.S. portfolios. Prior to joining Copeland in August 2009, Dave spent ten years with Rorer Asset Management, serving both as a portfolio manager and an analyst focused on the firm’s mid cap portfolio with primary coverage responsibilities in the Consumer and Financial sectors. Before joining Rorer, Dave was a Financial Analyst with AmericaOne Communications, Inc., a subsidiary of CapitalOne Financial Corp., where he focused on financial forecasting, as well as the evaluation of potential acquisition candidates in the telecommunications space. He holds a BS in Business Administration, with a finance concentration, from the E. Claiborne Robins School of Business at the University of Richmond. Dave also holds the Chartered Financial Analyst (CFA®) designation and is a member of the CFA Society of Philadelphia.

Eric Brown

Start Date

Tenure

Tenure Rank

Sep 13, 2019

2.72

2.7%

Mr. Brown is the Founder, Chief Executive Officer and a Principal at Copeland Capital Management. Eric is a Portfolio Manager and the lead manager for the Large Cap Strategies. He is responsible for research coverage of the Utilities and MLP sectors across all domestic portfolios. While founding Copeland, he developed a proprietary fundamental model to best evaluate dividend growth stocks. Prior to forming Copeland Capital Management in 2005, Eric was a Senior Portfolio Manager with The Colony Group. He previously served as a Portfolio Manager with Bingham Legg Advisors in Boston. Earlier in his career, Mr. Brown worked in municipal bond sales and trading at Bear Stearns & Company. Eric holds a BA in Political Science from Trinity College in Hartford, CT. He also holds the Chartered Financial Analyst (CFA®) designation. He is a member of the Boston Security Analysts Society and the American Mensa Society.

Mark Giovanniello

Start Date

Tenure

Tenure Rank

Sep 13, 2019

2.72

2.7%

Mr. Giovanniello is the Chief Investment Officer of Copeland Capital Management. He is a Principal and a member of the Firm’s Management Committee. Mark is a co-portfolio manager on all U.S. Strategies and the lead manager for the Mid Cap, Smid Cap, and Small Cap Strategies. He is responsible for research coverage of the Health Care, Materials and Energy sectors. Prior to joining Copeland in August 2009, Mark was the lead portfolio manager for the Mid Cap strategy at Rorer Asset Management. Before joining Rorer, Mark spent six years at The Colony Group as the portfolio manager of the firm's Mid Cap strategy as well as the Director of Research. He was responsible for overseeing all fundamental and quantitative research supporting the firm's large-cap, mid-cap and small-cap strategies. Earlier in his career, Mark was a senior associate at the public accounting firm PricewaterhouseCoopers, where he earned his CPA while working with clients in the technology, venture capital and mutual fund industries. Mark holds a BS degree from the Carroll School of Management at Boston College. He also holds the Chartered Financial Analyst (CFA®) designation and is a member of the Philadelphia Security Analyst Society.

Mark Little

Start Date

Tenure

Tenure Rank

Dec 18, 2020

1.45

1.5%

Mark Little Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Mark Little is a Portfolio Manager/Analyst on the International Strategic Equity, International Compounders, and Global Strategic Equity teams. He began working in the investment field in 1992. Prior to joining Lazard in 1997, he was a manager in the corporate finance practice of Coopers & Lybrand and earned his ACA qualification with Rees Pollock Chartered Accountants. Mark has an MA in Economics from Clare College, Cambridge University.

Barnaby Wilson

Start Date

Tenure

Tenure Rank

Dec 18, 2020

1.45

1.5%

Barnaby Wilson, CFA Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Barnaby Wilson is a Managing Director and Portfolio Manager/Analyst on various global equity teams as well as International Compounders. He began working in the investment field in 1998. Prior to joining Lazard in 1999, he worked for Orbitex Investments as a Research Analyst. Barnaby has a BA (Hons) in Mathematics and Philosophy from Balliol College, Oxford University. Barnaby is a CFA® charterholder.

Robin Jones

Start Date

Tenure

Tenure Rank

Dec 18, 2020

1.45

1.5%

Robin O. Jones Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Robin Jones is a Portfolio Manager/Analyst on the International Strategic Equity, International Compounders, and Global Strategic Equity teams. Robin began working in the investment field in 2002 at Lazard Asset Management, before leaving in 2006 for Bluecrest Capital Management where he worked as a Portfolio Manager. Robin re-joined Lazard in 2007. He has a BA Hons in Economics from Durham University and a PGCE in Mathematics from Cambridge University.

Louis Florentin-Lee

Start Date

Tenure

Tenure Rank

Dec 18, 2020

1.45

1.5%

Louis Florentin-Lee Managing Director, Portfolio Manager/Analyst Louis Florentin-Lee is a Managing Director and Portfolio Manager/Analyst on various global equity teams, International Compounders and US Equity Select. He was formerly the co-Portfolio Manager/Analyst for the Lazard European Explorer Fund between 2004 and 2010. Louis began working in the investment industry in 1996. Prior to joining Lazard in 2004, he was an equity research analyst at Soros Funds Limited and Schroder Investment Management. He has a BSc (Hons) in Economics from the London School of Economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.23 2.42

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