SDLAX: SEI Dynamic Asset Allocation A (SIIT)

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SDLAX SEI Dynamic Asset Allocation A (SIIT)


Profile

SDLAX - Profile

Vitals

  • YTD Return 6.1%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 6.4%
  • Net Assets $1.94 B
  • Holdings in Top 10 26.0%

52 WEEK LOW AND HIGH

$21.47
$14.26
$23.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.67%

SALES FEES

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

BROKERAGE FEES

  • Turnover 10.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 6.1%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.83%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SEI Institutional Investments Trust Dynamic Asset Allocation Fund
  • Fund Family Name
    SEI
  • Inception Date
    Jul 30, 2010
  • Shares Outstanding
    85887170
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Smigiel

Fund Description

The fund employs a dynamic investment strategy seeking to achieve, over time, a total return in excess of the broad U.S. equity market by selecting investments from among a broad range of asset classes or market exposures based upon SIMC's expectations of risk and return. It may invest in equity securities, including common stocks, preferred stocks, convertible securities, warrants (including equity-linked warrants) and depositary receipts of U.S. and non-U.S. issuers (including emerging markets) of various market capitalizations and industries.


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Categories

Performance

SDLAX - Performance

Return Ranking - Trailing

Period SDLAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -37.3% 1982.8% 8.74%
1 Yr 0.7% -73.2% 2097.7% 64.42%
3 Yr 3.5%* -33.7% 190.4% 38.02%
5 Yr 6.4%* -21.2% 98.6% 29.03%
10 Yr 7.9%* -6.3% 39.0% 34.25%

* Annualized

Return Ranking - Calendar

Period SDLAX Return Category Return Low Category Return High Rank in Category (%)
2019 13.0% -72.6% 39.5% 90.26%
2018 -9.4% -67.0% 10.0% 21.27%
2017 15.4% -32.8% 33.2% 38.11%
2016 10.5% -18.6% 19.7% 14.42%
2015 -2.0% -35.5% 7.8% 20.04%

Total Return Ranking - Trailing

Period SDLAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -37.3% 1982.8% 8.74%
1 Yr 0.7% -73.2% 2097.7% 64.33%
3 Yr 3.5%* -33.7% 190.4% 63.25%
5 Yr 6.4%* -13.9% 98.6% 64.15%
10 Yr 7.9%* -4.4% 39.0% 76.63%

* Annualized

Total Return Ranking - Calendar

Period SDLAX Return Category Return Low Category Return High Rank in Category (%)
2019 13.0% -72.6% 39.5% 90.26%
2018 -9.4% -67.0% 10.0% 51.30%
2017 15.4% -22.1% 33.2% 76.60%
2016 10.5% -16.4% 26.8% 35.43%
2015 -2.0% -26.4% 106.5% 52.76%

NAV & Total Return History


Holdings

SDLAX - Holdings

Concentration Analysis

SDLAX Category Low Category High SDLAX % Rank
Net Assets 1.94 B 1.14 K 974 B 35.77%
Number of Holdings 512 1 3529 12.45%
Net Assets in Top 10 510 M 48.8 K 236 B 40.03%
Weighting of Top 10 26.03% 2.3% 100.0% 81.18%

Top 10 Holdings

  1. Apple Inc 6.48%
  2. Microsoft Corp 5.26%
  3. Amazon.com Inc 4.44%
  4. Facebook Inc A 2.17%
  5. Alphabet Inc A 1.50%
  6. Alphabet Inc Class C 1.47%
  7. Berkshire Hathaway Inc Class B 1.30%
  8. Johnson & Johnson 1.24%
  9. Visa Inc Class A 1.10%
  10. Procter & Gamble Co 1.05%

Asset Allocation

Weighting Return Low Return High SDLAX % Rank
Stocks
90.19% 80.83% 167.47% 98.86%
Other
9.33% -4.07% 83.89% 1.46%
Cash
0.47% -110.24% 19.17% 61.35%
Preferred Stocks
0.00% 0.00% 14.67% 81.37%
Convertible Bonds
0.00% 0.00% 13.87% 80.88%
Bonds
0.00% 0.00% 72.82% 82.60%

Stock Sector Breakdown

Weighting Return Low Return High SDLAX % Rank
Technology
24.37% 0.00% 38.54% 32.59%
Healthcare
14.24% 0.00% 31.05% 67.16%
Financial Services
12.90% 0.00% 42.66% 62.79%
Consumer Cyclical
11.32% 0.00% 50.96% 45.96%
Communication Services
11.23% 0.00% 28.36% 25.83%
Industrials
8.43% 0.00% 28.15% 57.10%
Consumer Defense
7.42% 0.00% 32.98% 51.49%
Utilities
2.88% 0.00% 29.37% 44.31%
Real Estate
2.65% 0.00% 12.00% 53.30%
Energy
2.35% -1.47% 13.74% 53.80%
Basic Materials
2.21% -0.14% 13.17% 51.82%

Stock Geographic Breakdown

Weighting Return Low Return High SDLAX % Rank
US
89.36% 80.53% 157.79% 87.47%
Non US
0.83% -1.85% 19.64% 77.79%

Expenses

SDLAX - Expenses

Operational Fees

SDLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.01% 49.73% 70.71%
Management Fee 0.60% 0.00% 2.00% 61.47%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.95% 25.00%

Sales Fees

SDLAX 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

SDLAX 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.

SDLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 0.00% 475.00% 19.27%

Distributions

SDLAX - Distributions

Dividend Yield Analysis

SDLAX Category Low Category High SDLAX % Rank
Dividend Yield 0.00% 0.00% 16.69% 80.89%

Dividend Distribution Analysis

SDLAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

SDLAX Category Low Category High SDLAX % Rank
Net Income Ratio 1.83% -3.93% 3.34% 15.56%

Capital Gain Distribution Analysis

SDLAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SDLAX - Fund Manager Analysis

Managers

James Smigiel


Start Date

Tenure

Tenure Rank

Apr 24, 2012

8.36

8.4%

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.

Charles McGinn


Start Date

Tenure

Tenure Rank

Apr 24, 2012

8.36

8.4%

Charles McGinn is a Vice President of SSGA and a Senior Portfolio Manager in the Investment Solutions Group (ISG), where he manages a variety of portfolios. Mr. McGinn has extensive experience in trading derivatives. In addition to managing several of the group's separate accounts. Mr. McGinn is part of the team responsible for managing the Target Retirement series of portfolios as well as being the lead portfolio manager of the group's Country Selection strategy. As the lead portfolio manager of the Country Selection strategy, Mr. McGinn is responsible for recommending all of the investment calls. Mr. McGinn is also an active participant in making tactical calls in all of the portfolios where ISG has been given discretion. In addition, Mr. McGinn is responsible for the management of the SEI Dynamic Asset Allocation Funds registered in the United Sates and the United Kingdom. As a member of the Exposure Management Team within ISG, Mr. McGinn is responsible for the oversight of over $10 billion worth of client assets with exposure to equities and fixed income invested globally. As a result, Mr. McGinn has extensive experience in trading derivatives. Prior to his current role, Mr. McGinn was an operations analyst at SSGA, where he specialized in developed and emerging market equity funds. Mr. McGinn has been working in the investment management field since joined SSGA in 1988. Mr. McGinn is a graduate of Salem State College, where he earned a Bachelor of Science in Business Administration.

James Solloway


Start Date

Tenure

Tenure Rank

Dec 31, 2012

7.67

7.7%

James Solloway, has served as a Portfolio Manager for the Dynamic Asset Allocation Fund and Managing Director of SEI’s Portfolio Strategy team for the Investment Management Unit since 2009, where he is responsible for strategic and active asset allocation research. Prior to joining SEI, Mr. Solloway served for 10 years as an Executive Director and portfolio manager at Morgan Stanley in New York. James is a member of the Expanded Value team and a portfolio manager for the US Equity strategy. He joined Morgan Stanley in 1998 and has 33 years of industry experience. Previously, he served as director of research and head of the equity management group at the Jacksonville-based Barnett Capital Advisors. James also spent 17 years at Argus Research Corp., an independent equity research firm in New York. He began his career at Rinfret Associates, an economics consulting firm. Mr. Solloway earned his Bachelor of Arts in Economics cum laude from Columbia University and his Master of Business Administration from Stern School of Business at New York University. He is a CFA Charterholder.

Philip Lee


Start Date

Tenure

Tenure Rank

Sep 30, 2017

2.92

2.9%

Philip Lee, CFA, is a Vice President of SSGA and a Senior Portfolio Manager in SSGA’s ISG. Mr. Lee is responsible for developing and implementing investment solutions for clients, including strategic and tactical global asset allocation, cash equitization, and exposure management strategies. Prior to joining SSGA in 2016, Mr. Lee worked as a Portfolio Manager at Russell Investments, helping develop and implement various overlay strategies for large institutional clients. Previously, Mr. Lee was a member of the GTAA team at Analytic Investors where he managed active global asset allocation portfolios and developed quantitative models. Before working in the investment management field, Mr. Lee was with Oracle as a software development manager. Mr. Lee is a Chartered Financial Analyst (CFA) charter holder and holds a Master degree in Business Administration with a concentration in Finance from UCLA Anderson School of Management, a Master degree in Computer Science from UC Santa Barbara, and a Bachelor of Science degree in Computer Systems from Universidad CAECE in Argentina. Mr. Lee is a CFA Charterholder.

Steven Treftz


Start Date

Tenure

Tenure Rank

Dec 31, 2017

2.67

2.7%

Steven Treftz, CFA, joined SIMC in 2012, and is responsible for the oversight, monitoring and manager selection for the Investment Management Unit's Multi Asset and Short Duration strategies. Prior to his employment at SEI, Mr. Treftz was employed by Citi Private Bank where he was responsible for maintaining the firm's research opinions on third party international, global and emerging market equity managers. Prior to his employment at Citi Private Bank Mr. Treftz was employed by Lockwood Advisors, Inc. where he was responsible for the management of one of the firm's mutual fund/ETF wrap portfolio programs. Mr. Treftz earned a Bachelor's degree in Finance and Risk Management from Temple University. Mr. Treftz is also a CFA Charterholder and member of the CFA Society of Philadelphia.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 34.15 6.44 0.67