SIIT U.S. Equity Factor Allocation Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
22.3%
1 yr return
34.6%
3 Yr Avg Return
9.1%
5 Yr Avg Return
14.8%
Net Assets
$2.01 B
Holdings in Top 10
14.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.32%
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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SEHAX - Profile
Distributions
- YTD Total Return 22.3%
- 3 Yr Annualized Total Return 9.1%
- 5 Yr Annualized Total Return 14.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.71%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSIIT U.S. Equity Factor Allocation Fund
-
Fund Family NameSEI Funds
-
Inception DateApr 26, 2018
-
Shares Outstanding76913124
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEugene Barbaneagra
Fund Description
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity and equity-related securities, such as structured notes and convertible bonds, of U.S. companies of all capitalization ranges. The Fund may also, to a lesser extent, invest in American Depositary Receipts (ADRs) and interests in real estate investments trusts (REITs). The Fund's investment portfolio will be diversified and will not be concentrated in any particular industry or sector.
The Fund uses a quantitative-based, active stock selection investment strategy, which typically relies on a model-based approach to make investment decisions. The Fund quantitatively categorizes and selects securities based on certain characteristics (Factors) that are determined by SEI Investments Management Corporation (SIMC or the Adviser), such as volatility, share price performance, earnings, book value, revenues, cash flow or stock price. The Adviser uses its own judgment and model-based systems to assess which Factors to use and to determine what portion of the Fund's assets should be invested in each security identified. Through the Adviser's model-based systems, the Fund generally seeks to select securities so that each Factor contributes proportionately to the Fund's long-term risk-adjusted expected payoff. However, based on perceived market opportunities, the Adviser may reallocate the Fund's assets to tilt in favor of one or more Factors. The Adviser may add, remove or modify certain Factors in its model based on investment research or in response to changes in market conditions.
SEHAX - Performance
Return Ranking - Trailing
Period | SEHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 22.3% | 3.2% | 34.6% | 15.07% |
1 Yr | 34.6% | 6.3% | 52.4% | 13.92% |
3 Yr | 9.1%* | -12.2% | 14.3% | 15.16% |
5 Yr | 14.8%* | -8.3% | 109.5% | 24.89% |
10 Yr | N/A* | -0.4% | 52.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | SEHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.5% | -42.6% | 47.4% | 41.32% |
2022 | -25.3% | -56.3% | -4.2% | 78.42% |
2021 | 6.9% | -27.2% | 537.8% | 85.25% |
2020 | 11.0% | -22.5% | 2181.7% | 54.15% |
2019 | 25.5% | -13.5% | 40.4% | 36.66% |
Total Return Ranking - Trailing
Period | SEHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 22.3% | 3.2% | 34.6% | 15.07% |
1 Yr | 34.6% | 6.3% | 52.4% | 13.92% |
3 Yr | 9.1%* | -12.2% | 14.3% | 15.16% |
5 Yr | 14.8%* | -8.3% | 109.5% | 24.89% |
10 Yr | N/A* | -0.4% | 52.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SEHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.5% | -5.0% | 47.4% | 60.55% |
2022 | -15.8% | -36.8% | -2.2% | 30.43% |
2021 | 33.0% | 3.0% | 537.8% | 3.92% |
2020 | 13.2% | -15.8% | 2266.0% | 75.69% |
2019 | 28.1% | -0.4% | 241.3% | 68.69% |
NAV & Total Return History
SEHAX - Holdings
Concentration Analysis
SEHAX | Category Low | Category High | SEHAX % Rank | |
---|---|---|---|---|
Net Assets | 2.01 B | 2.34 M | 1.55 T | 43.38% |
Number of Holdings | 597 | 2 | 3963 | 8.77% |
Net Assets in Top 10 | 284 M | 1.07 M | 517 B | 61.90% |
Weighting of Top 10 | 14.11% | 0.3% | 112.9% | 98.53% |
Top 10 Holdings
- APPLE INC COMMON STOCK 2.08%
- MICROSOFT CORP COMMON STOCK 1.93%
- APPLE INC COMMON STOCK 1.60%
- MICROSOFT CORP COMMON STOCK 1.50%
- APPLE INC COMMON STOCK 1.46%
- NVIDIA CORP COMMON STOCK 1.27%
- ALPHABET INC-CL A COMMON STOCK 1.18%
- NVIDIA CORP COMMON STOCK 1.16%
- NVIDIA CORP COMMON STOCK 0.97%
- MICROSOFT CORP COMMON STOCK 0.96%
Asset Allocation
Weighting | Return Low | Return High | SEHAX % Rank | |
---|---|---|---|---|
Stocks | 99.05% | 0.00% | 105.85% | 48.74% |
Other | 0.70% | -13.91% | 100.00% | 11.37% |
Cash | 0.68% | 0.00% | 99.07% | 59.38% |
Preferred Stocks | 0.00% | 0.00% | 2.53% | 92.69% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 92.09% |
Bonds | 0.00% | 0.00% | 94.06% | 92.36% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SEHAX % Rank | |
---|---|---|---|---|
Technology | 26.24% | 0.00% | 48.94% | 19.11% |
Healthcare | 15.61% | 0.00% | 52.29% | 27.05% |
Financial Services | 12.14% | 0.00% | 55.59% | 78.83% |
Consumer Cyclical | 10.20% | 0.00% | 30.33% | 58.40% |
Communication Services | 10.07% | 0.00% | 27.94% | 18.11% |
Consumer Defense | 8.60% | 0.00% | 47.71% | 20.26% |
Industrials | 6.92% | 0.00% | 29.90% | 90.49% |
Energy | 3.64% | 0.00% | 41.64% | 63.28% |
Real Estate | 3.32% | 0.00% | 31.91% | 27.87% |
Utilities | 2.55% | 0.00% | 20.91% | 55.09% |
Basic Materials | 0.71% | 0.00% | 25.70% | 92.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SEHAX % Rank | |
---|---|---|---|---|
US | 99.05% | 0.00% | 105.85% | 38.91% |
Non US | 0.00% | 0.00% | 64.54% | 92.53% |
SEHAX - Expenses
Operational Fees
SEHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.32% | 0.01% | 19.75% | 83.48% |
Management Fee | 0.25% | 0.00% | 1.90% | 28.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
SEHAX 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
SEHAX 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.
SEHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 268.00% | 60.90% |
SEHAX - Distributions
Dividend Yield Analysis
SEHAX | Category Low | Category High | SEHAX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.32% | 0.00% | 25.47% | 42.43% |
Dividend Distribution Analysis
SEHAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
SEHAX | Category Low | Category High | SEHAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.71% | -54.00% | 2.44% | 2.24% |
Capital Gain Distribution Analysis
SEHAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 07, 2024 | $0.050 | OrdinaryDividend |
Apr 05, 2024 | $0.055 | OrdinaryDividend |
Dec 28, 2023 | $0.048 | OrdinaryDividend |
Oct 05, 2023 | $0.049 | OrdinaryDividend |
Jul 06, 2023 | $0.048 | OrdinaryDividend |
Apr 05, 2023 | $0.048 | OrdinaryDividend |
Dec 29, 2022 | $0.053 | OrdinaryDividend |
Dec 16, 2022 | $1.107 | OrdinaryDividend |
Oct 06, 2022 | $0.052 | OrdinaryDividend |
Jul 07, 2022 | $0.053 | OrdinaryDividend |
Apr 06, 2022 | $0.054 | OrdinaryDividend |
Dec 30, 2021 | $0.059 | OrdinaryDividend |
Dec 16, 2021 | $3.052 | OrdinaryDividend |
Oct 05, 2021 | $0.065 | OrdinaryDividend |
Jul 07, 2021 | $0.060 | OrdinaryDividend |
Apr 06, 2021 | $0.055 | OrdinaryDividend |
Dec 30, 2020 | $0.068 | OrdinaryDividend |
Oct 06, 2020 | $0.044 | OrdinaryDividend |
Jul 07, 2020 | $0.048 | OrdinaryDividend |
Apr 07, 2020 | $0.059 | OrdinaryDividend |
Dec 30, 2019 | $0.060 | OrdinaryDividend |
Oct 08, 2019 | $0.055 | OrdinaryDividend |
Jul 09, 2019 | $0.066 | OrdinaryDividend |
Apr 09, 2019 | $0.050 | OrdinaryDividend |
Dec 28, 2018 | $0.053 | OrdinaryDividend |
Oct 04, 2018 | $0.037 | OrdinaryDividend |
Jul 09, 2018 | $0.026 | OrdinaryDividend |
SEHAX - Fund Manager Analysis
Managers
Eugene Barbaneagra
Start Date
Tenure
Tenure Rank
Apr 26, 2018
4.1
4.1%
Eugene Barbaneagra, CFA, serves as Portfolio Manager for the U.S. Equity Factor Allocation, U.S. Managed Volatility, Global Managed Volatility and World Select Equity Funds. Mr. Barbaneagra serves as a Portfolio Manager within the Investment Management Unit. Mr. Barbaneagra is responsible for the portfolio strategy of US and Global Managed Volatility Funds and a number of core Global Equity funds.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |