LCIAX: SEI Large Cap Index A (SIIT)

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

LCIAX SEI Large Cap Index A (SIIT)


Profile

LCIAX - Profile

Vitals

  • YTD Return -2.6%
  • 3 Yr Annualized Return -2.0%
  • 5 Yr Annualized Return -0.1%
  • Net Assets $1.67 B
  • Holdings in Top 10 21.2%

52 WEEK LOW AND HIGH

$168.62
$168.62
$199.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.13%

SALES FEES

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

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -2.6%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.19%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SEI Institutional Investments Trust Large Cap Index Fund
  • Fund Family Name
    SEI
  • Inception Date
    Apr 01, 2002
  • Shares Outstanding
    9647977
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Karl Schneider

Fund Description

The fund invests substantially all of its assets (at least 80%) in securities listed in the Russell 1000 Index. The Russell 1000 Index (the index) measures the performance of the large-cap segment of the U.S. equity universe and includes approximately 1000 of the largest securities based on their market capitalization.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

LCIAX - Performance

Return Ranking - Trailing

Period LCIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -9.7% 2.6% 29.62%
1 Yr -4.6% -73.2% 33.8% 92.68%
3 Yr -2.0%* -33.7% 55.6% 76.72%
5 Yr -0.1%* -26.6% 29.3% 68.07%
10 Yr 5.9%* -9.2% 16.0% 56.08%

* Annualized

Return Ranking - Calendar

Period LCIAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.0% -72.6% 38.1% 93.67%
2018 -20.1% -67.0% 10.0% 79.58%
2017 16.6% -32.8% 302.5% 29.47%
2016 8.5% -26.1% 19.7% 30.63%
2015 -5.1% -82.5% 7.8% 43.86%

Total Return Ranking - Trailing

Period LCIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -9.7% 2.6% 29.62%
1 Yr -4.6% -73.2% 30.8% 92.68%
3 Yr 5.2%* -33.7% 55.6% 56.68%
5 Yr 6.0%* -16.1% 29.3% 44.78%
10 Yr 10.2%* -4.7% 17.1% 44.22%

* Annualized

Total Return Ranking - Calendar

Period LCIAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.0% -72.6% 38.1% 93.67%
2018 -5.1% -67.0% 10.0% 19.64%
2017 21.6% -22.1% 302.5% 24.60%
2016 12.0% -16.4% 23.8% 17.22%
2015 -0.1% -26.4% 106.5% 32.76%

NAV & Total Return History


Holdings

LCIAX - Holdings

Concentration Analysis

LCIAX Category Low Category High LCIAX % Rank
Net Assets 1.67 B 135 K 902 B 37.35%
Number of Holdings 1003 1 3587 4.20%
Net Assets in Top 10 358 M 46.7 K 178 B 45.43%
Weighting of Top 10 21.15% 2.2% 100.0% 86.46%

Top 10 Holdings

  1. Apple Inc 4.52%
  2. Microsoft Corp 4.23%
  3. Amazon.com Inc 2.73%
  4. Facebook Inc A 1.59%
  5. Berkshire Hathaway Inc B 1.44%
  6. Alphabet Inc Class C 1.41%
  7. Alphabet Inc A 1.41%
  8. JPMorgan Chase & Co 1.36%
  9. Johnson & Johnson 1.30%
  10. E-mini S&P 500 Future Mar20 1.17%

Asset Allocation

Weighting Return Low Return High LCIAX % Rank
Stocks
98.77% 82.05% 145.87% 55.13%
Cash
2.37% -73.32% 17.34% 21.42%
Preferred Stocks
0.00% -17.98% 6.21% 92.32%
Convertible Bonds
0.00% 0.00% 9.79% 91.84%
Bonds
0.00% 0.00% 47.70% 92.24%
Other
-1.14% -2.64% 22.43% 99.60%

Stock Sector Breakdown

Weighting Return Low Return High LCIAX % Rank
Technology
20.85% 0.00% 42.83% 28.16%
Financial Services
15.52% 0.00% 49.34% 70.61%
Healthcare
13.61% 0.00% 29.41% 68.73%
Consumer Cyclical
10.06% 0.00% 35.48% 45.31%
Communication Services
10.03% 0.00% 25.09% 41.22%
Industrials
9.55% 0.00% 30.01% 54.53%
Consumer Defense
6.99% 0.00% 28.92% 61.80%
Real Estate
4.04% 0.00% 65.29% 21.14%
Energy
3.69% -1.47% 15.92% 63.35%
Utilities
3.39% 0.00% 19.47% 36.82%
Basic Materials
2.28% -0.14% 13.34% 46.86%

Stock Geographic Breakdown

Weighting Return Low Return High LCIAX % Rank
US
97.91% 80.03% 144.61% 30.88%
Non US
0.86% 0.00% 19.64% 79.22%

Expenses

LCIAX - Expenses

Operational Fees

LCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.13% 0.01% 49.73% 95.77%
Management Fee 0.05% 0.00% 2.00% 6.66%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.85% 26.07%

Sales Fees

LCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

LCIAX 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.

LCIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 0.00% 412.00% 28.23%

Distributions

LCIAX - Distributions

Dividend Yield Analysis

LCIAX Category Low Category High LCIAX % Rank
Dividend Yield 0.52% 0.00% 16.52% 5.34%

Dividend Distribution Analysis

LCIAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Semi-Annually

Net Income Ratio Analysis

LCIAX Category Low Category High LCIAX % Rank
Net Income Ratio 2.19% -2.85% 81.00% 2.47%

Capital Gain Distribution Analysis

LCIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Semi-Annually

Dividend Payout History

View More +

Fund Manager Analysis

LCIAX - Fund Manager Analysis

Managers

Karl Schneider


Start Date

Tenure

Tenure Rank

Dec 31, 2005

14.09

14.1%

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, 2011

8.09

8.1%

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.

Michael Feehily


Start Date

Tenure

Tenure Rank

Apr 01, 2014

5.84

5.8%

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.

Stephen Dolce


Start Date

Tenure

Tenure Rank

Sep 30, 2016

3.34

3.3%

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 economics. Mr. Dolce received a Master 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.

David Hintz


Start Date

Tenure

Tenure Rank

Sep 30, 2017

2.34

2.3%

Mr. 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
0.01 41.11 6.03 0.59