SEFIX: SEI International Fixed Income F (SIT)

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SEFIX SEI International Fixed Income F (SIT)


Profile

SEFIX - Profile

Vitals

  • YTD Return 1.5%
  • 3 Yr Annualized Return 1.2%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $510 M
  • Holdings in Top 10 23.8%

52 WEEK LOW AND HIGH

$10.41
$9.98
$10.80

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.07%

SALES FEES

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

BROKERAGE FEES

  • Turnover 58.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Bond-USD Hedged

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.42%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    SEI Institutional International Trust International Fixed Income Fund
  • Fund Family Name
    SEI
  • Inception Date
    Sep 01, 1993
  • Shares Outstanding
    42560914
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott DiMaggio

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed income securities. It will invest primarily in investment grade foreign government and corporate fixed income securities, as well as foreign mortgage-backed and/or asset-backed fixed income securities, of issuers located in at least three countries other than the U.S. The manager expects that at least 40% of the fund's assets will be invested in non-U.S. securities. The fund is non-diversified.


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Categories

Performance

SEFIX - Performance

Return Ranking - Trailing

Period SEFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -15.9% 4.4% 24.39%
1 Yr -1.0% -17.8% 3.9% 46.91%
3 Yr 1.2%* -6.2% 5.3% 37.50%
5 Yr 0.2%* -4.0% 22.8% 55.81%
10 Yr -0.2%* -4.2% 11.3% 23.08%

* Annualized

Return Ranking - Calendar

Period SEFIX Return Category Return Low Category Return High Rank in Category (%)
2019 3.1% 0.1% 9.4% 88.75%
2018 -2.5% -14.4% 3.1% 20.29%
2017 1.8% 0.1% 10.3% 87.72%
2016 1.8% -0.8% 219.0% 66.67%
2015 -5.3% -18.8% -0.5% 44.19%

Total Return Ranking - Trailing

Period SEFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -15.9% 4.4% 24.39%
1 Yr -1.0% -17.8% 3.9% 46.91%
3 Yr 1.2%* -5.2% 5.3% 50.00%
5 Yr 0.2%* -4.0% 28.0% 72.09%
10 Yr -0.2%* -4.2% 18.7% 76.92%

* Annualized

Total Return Ranking - Calendar

Period SEFIX Return Category Return Low Category Return High Rank in Category (%)
2019 3.1% 0.1% 9.4% 88.75%
2018 -2.5% -14.4% 3.1% 26.09%
2017 1.8% 0.1% 12.8% 91.23%
2016 1.8% -0.8% 242.1% 73.33%
2015 -5.3% -18.8% 7.1% 60.47%

NAV & Total Return History


Holdings

SEFIX - Holdings

Concentration Analysis

SEFIX Category Low Category High SEFIX % Rank
Net Assets 510 M 6.7 M 146 B 44.83%
Number of Holdings 708 4 6247 11.36%
Net Assets in Top 10 71.9 M 2.12 M 7.08 B 48.86%
Weighting of Top 10 23.82% 4.9% 152.9% 46.34%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High SEFIX % Rank
Bonds
95.95% 80.33% 429.88% 22.73%
Cash
3.17% -305.24% 16.59% 72.73%
Convertible Bonds
0.81% 0.00% 31.66% 21.59%
Stocks
0.08% -15.40% 28.89% 20.45%
Preferred Stocks
0.00% 0.00% 0.07% 89.77%
Other
0.00% -24.33% 49.01% 79.55%

Bond Sector Breakdown

Weighting Return Low Return High SEFIX % Rank
Government
74.48% 0.00% 79.52% 22.73%
Corporate
13.90% 0.00% 89.40% 70.45%
Cash & Equivalents
8.44% 0.53% 31.58% 30.68%
Securitized
3.17% 0.00% 59.22% 26.14%
Derivative
0.00% 0.00% 69.97% 93.18%
Municipal
0.00% 0.00% 0.00% 89.77%

Bond Geographic Breakdown

Weighting Return Low Return High SEFIX % Rank
Non US
89.06% 67.75% 429.88% 46.59%
US
6.89% -0.53% 18.40% 36.36%

Expenses

SEFIX - Expenses

Operational Fees

SEFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.01% 43.49% 52.50%
Management Fee 0.30% 0.00% 1.60% 12.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.45% 0.10% 0.45% 100.00%

Sales Fees

SEFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.50% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SEFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 2.00% 100.00%

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.

SEFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 58.00% 0.00% 121.00% 63.41%

Distributions

SEFIX - Distributions

Dividend Yield Analysis

SEFIX Category Low Category High SEFIX % Rank
Dividend Yield 0.00% 0.00% 0.98% 90.91%

Dividend Distribution Analysis

SEFIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

SEFIX Category Low Category High SEFIX % Rank
Net Income Ratio 0.42% 0.13% 11.02% 96.30%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

SEFIX - Fund Manager Analysis

Managers

Scott DiMaggio


Start Date

Tenure

Tenure Rank

Jan 13, 2006

14.47

14.5%

Scott DiMaggio is Senior Vice President and Director of both Global Fixed Income and Canada Fixed Income and Co-Head of Fixed Income at AB. Before joining the firm in 1999, DiMaggio was a risk management market analyst at Santander Investment Securities. He also held positions as a senior consultant at Ernst & Young and Andersen Consulting. DiMaggio holds a BS in business administration from the State University of New York, Albany, and an MS in finance from Baruch College. He is a member of the Global Association of Risk Professionals and a CFA charterholder. Location: New York

Douglas Peebles


Start Date

Tenure

Tenure Rank

Jan 13, 2006

14.47

14.5%

Douglas J. Peebles is the Chief Investment Officer of AB Fixed Income and a Partner of the firm. As CIO, he is also Co-Chairman of the Interest Rates and Currencies Research Review team. Since joining AB in 1987, Peebles has held several leadership positions, including director of Global Fixed Income (1997–2004), co-head of AB Fixed Income (2004–2008) and Head of Fixed Income (2008–2016). He holds a BA from Muhlenberg College and an MBA from Rutgers University. Location: New York Mr. Peebles is expected to retire from the AllianceBernstein L.P. effective December 30, 2020.

John Taylor


Start Date

Tenure

Tenure Rank

Dec 31, 2012

7.5

7.5%

John Taylor Portfolio Manager—Global Multi-Sector John Taylor is a Senior Vice President and Portfolio Manager at AllianceBernstein , and a member of the Global Fixed Income, Absolute Return, UK Fixed Income, Euro Fixed Income and Emerging Market Debt portfolio-management teams. As a member of the Absolute Return portfolio-management team, he is also the Lead Portfolio Manager for the Diversified Yield Plus Strategy. Taylor holds a BSc (Hons) in economics from the University of Kent.Mr. Taylor also serves as a member of the Emerging Market Debt Research Review team. Mr. Taylor has been with AllianceBernstein for eighteen years. Location: London

Jorgen Kjaersgaard


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.5

6.5%

Mr. Kjaersgaard currently serves as a Portfolio Manager for European Credit and a member of the UK & Euro, High Yield and Credit portfolio management teams. Mr. Sanders joined AllianceBernstein in 2006. Mr. Buckley currently serves as a Portfolio Manager for Fixed Income, focusing on euro and sterling investment-grade credit and multi-sector portfolios. He joined the firm in 2010 and assumed the role of Portfolio Manager in January 2015.

James Mashiter


Start Date

Tenure

Tenure Rank

Jan 31, 2016

4.42

4.4%

James Mashiter, CFA is a Fixed Income Portfolio Manager within the Investment Management Unit. Mr. Mashiter joined SEI in 2011 as a Senior Fixed Income Analyst in the London Fixed Income Team. Prior to joining SEI, Mr. Mashiter worked in fixed income fund research at Standard & Poor's for four years. Previously, Mr. Mashiter worked at Henderson Global Investors. Mr. Mashiter earned his Bachelor of Science in Economics and Politics from the University of Warwick and his Master of Arts in Finance and Investment from the University of Nottingham.

Nicholas Sanders


Start Date

Tenure

Tenure Rank

Dec 31, 2016

3.5

3.5%

Nicholas Sanders, CFA Vice President, and Portfolio Manager – European and UK Multi-Sector Nicholas Sanders is a Vice President and Portfolio Manager at AB, and a member of the Global Fixed Income, Absolute Return, UK Fixed Income, and Euro Fixed Income portfolio-management teams. Since 2013, he has been responsible for the analysis of sovereign and other liquid markets globally, with a focus on the European market. Prior to that, he worked as an associate portfolio manager on the Asian Fixed Income team where he was responsible for analysis and trade execution for local and global fixed-income markets. Sanders joined AB in 2006 and served as team leader for Servicing & Controls within the Australian & New Zealand Operations Group. Previously, he worked in both Australia and London as a pricing and valuation analyst. Sanders holds a BBus in economics and finance from the Royal Melbourne Institute of Technology (RMIT) and is a CFA charterholder. Location: London

Mark Sullivan


Start Date

Tenure

Tenure Rank

Jan 31, 2017

3.41

3.4%

Mark H. Sullivan, CFA, CMT, Senior Managing Director and Fixed Income Portfolio Manager, has served as the Portfolio Manager of the portion of the International Fixed Income Fund's assets allocated to Wellington Management since 2017. Mark joined Wellington Management in 1999 as a project analyst in Global Relationship Management before becoming a quantitative analyst in the Fixed Income Group. Mr. Sullivan has been a member of the Global Bond team since 2002. He has been an investment professional since then. Mark received his BA from Colgate University (1999). In addition, he holds the Chartered Financial Analyst and Chartered Market Technician designations.

Ian Sims


Start Date

Tenure

Tenure Rank

Oct 23, 2017

2.69

2.7%

Ian Sims is Chairman and Chief Investment Officer of Colchester Global Investors. Ian founded the firm in 1999 and is responsible for the strategic direction of the firm. Ian oversees the management of the firm’s assets globally as Chief Investment Officer and has final say on any investment matter. Ian has enjoyed a successful career in the field of global fixed income and currency investment management. Prior to Colchester, Ian was founder and Chief Investment Officer for Global Fixed Income at Delaware International Advisors, Ltd., subsequently renamed Mondrian, where he worked for nearly 10 years. His previous work experience includes fixed income portfolio management at Royal Bank of Canada and Hill Samuel Investment Advisers. Ian has authored a widely read publication on the use of real yields in global bond management. Ian holds a BSc in Economics from Leicester University and an MSc in Statistics from Newcastle University.

Keith Lloyd


Start Date

Tenure

Tenure Rank

Oct 23, 2017

2.69

2.7%

Keith Lloyd is Chief Executive Officer and Deputy Chief Investment Officer of Colchester Global Investors and has been with the firm since its inception. Keith manages the Investment and Operations teams and oversees investment research, portfolio construction and implementation on a day to day basis. Keith regularly contributes his insights to Investment Outlook papers and chairs all Investment Management Committee meetings. Keith began his career in 1983 as an international macro-monetary economist and Investment Manager. Prior to Colchester, Keith spent eight years in the World Bank’s Investment Department managing global real and leveraged money as a lead fixed income portfolio manager, senior investment strategist and proprietary trader. His previous work experience includes seven years with the Reserve Bank of New Zealand as an economist where he served on its policy-making committee. Keith has authored several exchange and interest rate papers. Keith is a CFA charter holder and has a BA in Economic from Massey University and an MSc in Economics from the London School of Economics.

Eamonn Buckley


Start Date

Tenure

Tenure Rank

Dec 31, 2018

1.5

1.5%

Eamonn Buckley Portfolio Manager—Fixed Income Eamonn Buckley is an Associate Vice President and Portfolio Manager for Fixed Income, focusing on euro and sterling investment-grade credit and multi-sector portfolios. He joined the firm in 2010 and assumed the role of portfolio manager in January 2015. Buckley has also worked within AB as an associate portfolio manager on the European Credit and Global Multi-Sector teams, and as a trader of euro- and sterling-denominated government and corporate bonds. He holds a BSc in finance from University College Cork and an MSc in investment management from Cass Business School. Location: London

Tenure Analysis

Category Low Category High Category Average Category Mode
0.34 20.94 4.76 6.5