SAAT TAX-MANAGED AGGRESSIVE STRATEGY FUND
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.1%
1 yr return
21.7%
3 Yr Avg Return
5.3%
5 Yr Avg Return
9.6%
Net Assets
$71.2 M
Holdings in Top 10
99.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.36%
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 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SISAX - Profile
Distributions
- YTD Total Return 6.1%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.24%
- Dividend Yield 3.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSAAT TAX-MANAGED AGGRESSIVE STRATEGY FUND
-
Fund Family NameSEI Funds
-
Inception DateNov 17, 2003
-
Shares Outstanding3111187
-
Share ClassF
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRyan Schneck
Fund Description
Under normal circumstances, the Fund will seek to generate long-term capital appreciation. The Fund invests in other SEI funds (which may include exchange-traded funds (ETFs)), each of which has its own investment goal (the Underlying SEI Funds). The Underlying SEI Funds invest, in turn, in securities and other instruments of various asset classes. Each of the Underlying SEI Funds is managed by one or more sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers) under the supervision of SEI Investments Management Corporation (SIMC or the Adviser), or, in certain circumstances, is managed directly by SIMC.
The Fund's assets may be diversified across Underlying SEI equity funds, bond and money market funds, and real estate funds. The equity funds may consist of a wide range of investment styles that provide investment exposure to U.S. and/or foreign equity securities of companies of various capitalization ranges. The bond funds may consist of a wide range of investment styles that provide exposure to U.S. and/or foreign fixed income securities of varying credit quality (including junk bonds), maturity and duration. The real estate funds provide exposure to the equity securities of real estate companies.
A portion of the U.S. equity component of the Fund's portfolio will be invested in "tax-managed" Underlying SEI Funds. Given this tax-managed strategy, the Fund is intended for investors subject to federal income taxation. Tax-exempt investors may wish to select funds that do not have a tax-managed strategy.
The Fund's assets are allocated among a variety of Underlying SEI Funds within the following percentage ranges:
Underlying SEI Fund Type | Investment Range(Percentage of the Fund's Assets) | ||
U.S. Equity Funds | 40-100 | % | |
International Equity Funds | 0-40 | % | |
Non-Investment Grade Bond Funds | 0-40 | % | |
Investment Grade Bond & Money Market Funds | 0-25 | % | |
Real Estate Funds | 0-20 | % |
SISAX - Performance
Return Ranking - Trailing
Period | SISAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.1% | 1.0% | 10.3% | 73.51% |
1 Yr | 21.7% | 6.8% | 34.5% | 68.11% |
3 Yr | 5.3%* | -9.1% | 7.2% | 36.57% |
5 Yr | 9.6%* | 0.7% | 14.4% | 61.78% |
10 Yr | 7.9%* | 0.2% | 13.3% | 55.37% |
* Annualized
Return Ranking - Calendar
Period | SISAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.9% | -6.6% | 33.6% | 89.73% |
2022 | -23.2% | -44.4% | -9.8% | 44.26% |
2021 | 16.7% | -24.1% | 18.9% | 10.98% |
2020 | 6.7% | -10.9% | 60.4% | 76.36% |
2019 | 21.0% | 5.9% | 36.4% | 28.66% |
Total Return Ranking - Trailing
Period | SISAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.1% | 1.0% | 10.3% | 73.51% |
1 Yr | 21.7% | 6.8% | 34.5% | 68.11% |
3 Yr | 5.3%* | -9.1% | 7.2% | 36.57% |
5 Yr | 9.6%* | 0.7% | 14.4% | 61.78% |
10 Yr | 7.9%* | 0.2% | 13.3% | 55.37% |
* Annualized
Total Return Ranking - Calendar
Period | SISAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.1% | 1.4% | 34.9% | 77.84% |
2022 | -14.3% | -43.2% | -3.8% | 12.02% |
2021 | 19.5% | -24.1% | 26.7% | 20.81% |
2020 | 11.3% | -5.3% | 62.8% | 86.06% |
2019 | 24.4% | 12.4% | 52.6% | 77.71% |
NAV & Total Return History
SISAX - Holdings
Concentration Analysis
SISAX | Category Low | Category High | SISAX % Rank | |
---|---|---|---|---|
Net Assets | 71.2 M | 8.78 M | 119 B | 87.03% |
Number of Holdings | 6 | 5 | 8469 | 96.22% |
Net Assets in Top 10 | 76.4 M | 6.4 M | 20.9 B | 82.70% |
Weighting of Top 10 | 99.94% | 0.7% | 100.0% | 18.92% |
Top 10 Holdings
- SEI TAX-MANAGED LARGE CAP-Y MUTUAL FUND 56.29%
- SEI INTERNATIONAL EQUITY-Y MUTUAL FUND 16.13%
- SEI TAX MGD SM MID CAP-Y MUTUAL FUND 14.01%
- SEI HIGH YIELD BOND-Y MUTUAL FUND 7.62%
- SEI INST INST EMG MKT DEBT-Y MUTUAL FUND 3.92%
- SEI EMERGING MARKETS EQ-Y MUTUAL FUND 1.96%
Asset Allocation
Weighting | Return Low | Return High | SISAX % Rank | |
---|---|---|---|---|
Stocks | 92.32% | 0.00% | 100.05% | 68.65% |
Cash | 7.68% | 0.00% | 99.02% | 9.73% |
Convertible Bonds | 0.10% | 0.00% | 3.88% | 39.46% |
Preferred Stocks | 0.00% | 0.00% | 13.37% | 87.57% |
Other | 0.00% | -28.75% | 8.72% | 79.46% |
Bonds | 0.00% | 0.00% | 141.68% | 88.65% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SISAX % Rank | |
---|---|---|---|---|
Financial Services | 17.85% | 9.56% | 42.24% | 10.33% |
Technology | 16.67% | 1.75% | 32.38% | 76.63% |
Healthcare | 14.96% | 2.06% | 19.02% | 15.76% |
Industrials | 11.23% | 1.80% | 14.87% | 35.87% |
Consumer Cyclical | 9.89% | 1.15% | 24.72% | 79.35% |
Consumer Defense | 8.55% | 0.47% | 14.80% | 9.24% |
Basic Materials | 5.93% | 0.00% | 8.62% | 9.24% |
Communication Services | 5.20% | 1.90% | 13.69% | 93.48% |
Energy | 4.96% | 0.00% | 31.98% | 35.33% |
Real Estate | 2.55% | 0.00% | 28.04% | 66.85% |
Utilities | 2.20% | 0.00% | 15.29% | 65.22% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SISAX % Rank | |
---|---|---|---|---|
US | 92.32% | 0.00% | 100.05% | 67.03% |
Non US | 0.00% | 0.00% | 32.67% | 87.03% |
SISAX - Expenses
Operational Fees
SISAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.36% | 0.23% | 3.92% | 31.89% |
Management Fee | 0.10% | 0.00% | 1.30% | 47.03% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.28% | 68.42% |
Sales Fees
SISAX 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
SISAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
SISAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.18% | 300.02% | 16.67% |
SISAX - Distributions
Dividend Yield Analysis
SISAX | Category Low | Category High | SISAX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.75% | 0.00% | 8.84% | 11.89% |
Dividend Distribution Analysis
SISAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
SISAX | Category Low | Category High | SISAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.24% | -0.65% | 5.31% | 17.03% |
Capital Gain Distribution Analysis
SISAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.238 | OrdinaryDividend |
Dec 18, 2023 | $0.834 | OrdinaryDividend |
Oct 06, 2023 | $0.085 | OrdinaryDividend |
Jul 07, 2023 | $0.081 | OrdinaryDividend |
Apr 06, 2023 | $0.074 | OrdinaryDividend |
Dec 30, 2022 | $0.281 | OrdinaryDividend |
Oct 07, 2022 | $0.065 | OrdinaryDividend |
Jul 08, 2022 | $0.057 | OrdinaryDividend |
Apr 07, 2022 | $0.059 | OrdinaryDividend |
Dec 31, 2021 | $0.359 | OrdinaryDividend |
Oct 06, 2021 | $0.048 | OrdinaryDividend |
Jul 08, 2021 | $0.054 | OrdinaryDividend |
Apr 07, 2021 | $0.062 | OrdinaryDividend |
Dec 31, 2020 | $0.148 | OrdinaryDividend |
Oct 07, 2020 | $0.048 | OrdinaryDividend |
Jul 08, 2020 | $0.048 | OrdinaryDividend |
Apr 08, 2020 | $0.065 | OrdinaryDividend |
Dec 31, 2019 | $0.147 | OrdinaryDividend |
Dec 16, 2019 | $0.293 | OrdinaryDividend |
Oct 09, 2019 | $0.061 | OrdinaryDividend |
Jul 10, 2019 | $0.064 | OrdinaryDividend |
Apr 10, 2019 | $0.062 | OrdinaryDividend |
Dec 31, 2018 | $0.138 | OrdinaryDividend |
Oct 05, 2018 | $0.055 | OrdinaryDividend |
Jul 10, 2018 | $0.042 | OrdinaryDividend |
Apr 09, 2018 | $0.053 | OrdinaryDividend |
Dec 29, 2017 | $0.142 | OrdinaryDividend |
Oct 06, 2017 | $0.046 | OrdinaryDividend |
Jul 10, 2017 | $0.039 | OrdinaryDividend |
Apr 10, 2017 | $0.039 | OrdinaryDividend |
Dec 30, 2016 | $0.123 | OrdinaryDividend |
Oct 07, 2016 | $0.035 | OrdinaryDividend |
Jul 08, 2016 | $0.035 | OrdinaryDividend |
Apr 08, 2016 | $0.043 | OrdinaryDividend |
Dec 31, 2015 | $0.096 | OrdinaryDividend |
Oct 06, 2015 | $0.034 | OrdinaryDividend |
Jul 09, 2015 | $0.032 | OrdinaryDividend |
Apr 06, 2015 | $0.034 | OrdinaryDividend |
Dec 31, 2014 | $0.102 | OrdinaryDividend |
Oct 06, 2014 | $0.033 | OrdinaryDividend |
Jul 07, 2014 | $0.043 | OrdinaryDividend |
Mar 31, 2014 | $0.029 | OrdinaryDividend |
Dec 31, 2013 | $0.093 | OrdinaryDividend |
Oct 04, 2013 | $0.032 | OrdinaryDividend |
Jul 05, 2013 | $0.040 | OrdinaryDividend |
Mar 28, 2013 | $0.032 | OrdinaryDividend |
Dec 31, 2012 | $0.108 | OrdinaryDividend |
Oct 04, 2012 | $0.037 | OrdinaryDividend |
Jul 06, 2012 | $0.040 | OrdinaryDividend |
Mar 30, 2012 | $0.036 | OrdinaryDividend |
Dec 30, 2011 | $0.084 | OrdinaryDividend |
Oct 06, 2011 | $0.037 | OrdinaryDividend |
Jul 07, 2011 | $0.037 | OrdinaryDividend |
Mar 31, 2011 | $0.035 | OrdinaryDividend |
Dec 31, 2010 | $0.062 | OrdinaryDividend |
Oct 06, 2010 | $0.031 | OrdinaryDividend |
Jul 07, 2010 | $0.044 | OrdinaryDividend |
Mar 31, 2010 | $0.038 | OrdinaryDividend |
Dec 31, 2009 | $0.051 | OrdinaryDividend |
Oct 06, 2009 | $0.038 | OrdinaryDividend |
Jul 07, 2009 | $0.035 | OrdinaryDividend |
Mar 31, 2009 | $0.050 | OrdinaryDividend |
Dec 31, 2008 | $0.086 | OrdinaryDividend |
Oct 06, 2008 | $0.048 | OrdinaryDividend |
Jul 07, 2008 | $0.052 | OrdinaryDividend |
Mar 31, 2008 | $0.047 | OrdinaryDividend |
Dec 31, 2007 | $0.269 | OrdinaryDividend |
Oct 04, 2007 | $0.049 | OrdinaryDividend |
Jul 05, 2007 | $0.051 | OrdinaryDividend |
Mar 30, 2007 | $0.044 | OrdinaryDividend |
Dec 29, 2006 | $0.180 | OrdinaryDividend |
Oct 04, 2006 | $0.040 | OrdinaryDividend |
Jul 06, 2006 | $0.039 | OrdinaryDividend |
Mar 30, 2006 | $0.036 | OrdinaryDividend |
Dec 29, 2005 | $0.105 | OrdinaryDividend |
Oct 05, 2005 | $0.023 | OrdinaryDividend |
Jul 06, 2005 | $0.026 | OrdinaryDividend |
Mar 30, 2005 | $0.019 | OrdinaryDividend |
Jan 03, 2005 | $0.117 | OrdinaryDividend |
Oct 05, 2004 | $0.020 | OrdinaryDividend |
Jul 06, 2004 | $0.018 | OrdinaryDividend |
Apr 02, 2004 | $0.017 | OrdinaryDividend |
SISAX - Fund Manager Analysis
Managers
Ryan Schneck
Start Date
Tenure
Tenure Rank
Mar 27, 2012
10.18
10.2%
Ryan Schneck has served as Portfolio Manager for SEI Investments Management Corporation since 2006. Prior to joining SIMC, Mr. Schneck was part of the global fixed-income research team at Standard & Poor's responsible for credit and default research.
James Smigiel
Start Date
Tenure
Tenure Rank
Mar 27, 2012
10.18
10.2%
Jim Smigiel is Chief Investment Officer of Non-Traditional Strategies. He oversees alternative, hedge fund, property and multi-asset strategies. Previously, he oversaw SEI’s Portfolio Strategies Group and the Global Fixed Income team. Prior to joining SEI, Smigiel served as Portfolio Manager and Senior Investment Officer at PNC Advisors/BlackRock Financial Management, where he managed institutional fixed-income portfolios. Smigiel holds a Bachelor of Science degree in Economics from Drexel University.
Bryan Hoffman
Start Date
Tenure
Tenure Rank
Jul 31, 2016
5.84
5.8%
Bryan Hoffman is SEI’s head of Strategic Asset Allocation, the team within the Portfolio Strategies Group responsible for constructing long-term policy portfolios that span the risk/return spectrum for both institutional and retail clients across the globe. He also conducts asset-class and strategy research, participates in SEI’s active asset-allocation program, and authors white papers. Prior to his current role, Bryan led SEI’s process for creating and maintaining capital-market assumptions and asset-class simulations. Bryan earned his Bachelor of Business Administration from the University of Notre Dame, with majors in finance and economics as well as a supplementary major in philosophy. He is also a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.19 | 26.6 | 6.51 | 2.41 |