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SDIT GOVERNMENT FUND
mutual fund
GFAXX
Payout Change
Pending
Price as of:
$1.0
+0.0
+0.0%
primary theme
Taxable Money Market
share class
GFAXX (Mutual Fund)
SDIT GOVERNMENT FUND
Payout Change
Pending
Price as of:
$1.0
+0.0
+0.0%
primary theme
Taxable Money Market
share class
GFAXX (Mutual Fund)
SDIT GOVERNMENT FUND
Payout Change
Pending
Price as of:
$1.0
+0.0
+0.0%
primary theme
Taxable Money Market
share class
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.1%
1 yr return
5.1%
3 Yr Avg Return
3.3%
5 Yr Avg Return
2.1%
Net Assets
$12.3 B
Holdings in Top 10
49.5%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GFAXX - Profile
Distributions
- YTD Total Return 5.1%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.01%
- Dividend Yield 4.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSDIT GOVERNMENT FUND
-
Fund Family NameSEI
-
Inception DateOct 27, 1995
-
Shares Outstanding11930765
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRichard Bamford
Fund Description
Under normal market conditions, the Fund intends to invest at least 99.5% of its total assets in cash, government securities and/or repurchase agreements that are collateralized fully with cash or government securities. Government securities are obligations issued or guaranteed as to principal or interest by the U.S. government or its agencies or instrumentalities, including obligations issued by private issuers that are guaranteed as to principal or interest by the U.S. government or its agencies or instrumentalities.
Using a top-down strategy and bottom-up security selection, the sub-adviser (the Sub-Adviser) seeks to invest in securities with a remaining maturity not greater than 397 calendar days that are marketable, liquid and offer competitive yields, and which are expected to result in the Fund's portfolio having an average dollar-weighted maturity of 60 days or less and a dollar-weighted average life to maturity of 120 days or less. In making investment decisions, the Sub-Adviser also considers factors such as the anticipated level of interest rates and the maturity of individual securities relative to the maturity of the Fund as a whole. Currently, the Fund invests only in first-tier securities.
The Fund values its securities using amortized cost and seeks to maintain a stable net asset value (NAV) of $1.00 per share.
GFAXX - Performance
Return Ranking - Trailing
| Period | GFAXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.1% | 0.5% | 10.4% | 35.53% |
| 1 Yr | 5.1% | 0.5% | 10.4% | 37.31% |
| 3 Yr | 3.3%* | 0.7% | 5.4% | 79.48% |
| 5 Yr | 2.1%* | 0.5% | 3.3% | 75.44% |
| 10 Yr | N/A* | 0.4% | 32.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | GFAXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.0% | -0.1% | 5.0% | 23.86% |
| 2022 | 0.0% | 0.0% | 1.2% | 24.42% |
| 2021 | 0.0% | 0.0% | 0.0% | 24.45% |
| 2020 | 0.0% | 0.0% | 0.4% | 24.40% |
| 2019 | 0.0% | 0.0% | 2.0% | 24.21% |
Total Return Ranking - Trailing
| Period | GFAXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.1% | 0.5% | 10.4% | 35.53% |
| 1 Yr | 5.1% | 0.5% | 10.4% | 37.31% |
| 3 Yr | 3.3%* | 0.7% | 5.4% | 79.48% |
| 5 Yr | 2.1%* | 0.5% | 3.3% | 75.44% |
| 10 Yr | N/A* | 0.4% | 32.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | GFAXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.2% | 0.8% | 5.9% | 93.65% |
| 2022 | 1.4% | 0.0% | 1.7% | 32.99% |
| 2021 | 0.0% | 0.0% | 1.9% | 37.09% |
| 2020 | 0.5% | 0.0% | 3.0% | 32.23% |
| 2019 | 2.2% | 0.0% | 3797.9% | 20.44% |
NAV & Total Return History
GFAXX - Holdings
Concentration Analysis
| GFAXX | Category Low | Category High | GFAXX % Rank | |
|---|---|---|---|---|
| Net Assets | 12.3 B | 818 K | 211 B | 5.45% |
| Number of Holdings | 90 | 1 | 346 | 28.78% |
| Net Assets in Top 10 | 6.09 B | 147 K | 163 B | 51.86% |
| Weighting of Top 10 | 49.51% | 22.7% | 100.0% | 80.87% |
Top 10 Holdings
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
- Us Bank Mmda Gfs - 3 11.83%
Asset Allocation
| Weighting | Return Low | Return High | GFAXX % Rank | |
|---|---|---|---|---|
| Cash | 75.67% | 25.56% | 100.00% | 47.52% |
| Bonds | 24.33% | 0.00% | 74.44% | 49.75% |
| Stocks | 0.00% | 0.00% | 0.00% | 24.26% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 24.26% |
| Other | 0.00% | -1.67% | 0.04% | 24.50% |
| Convertible Bonds | 0.00% | 0.00% | 21.22% | 30.20% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | GFAXX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 75.67% | 0.00% | 100.00% | 45.30% |
| Government | 24.33% | 0.00% | 44.01% | 48.76% |
| Derivative | 0.00% | 0.00% | 0.00% | 24.26% |
| Securitized | 0.00% | 0.00% | 1.75% | 26.73% |
| Corporate | 0.00% | 0.00% | 100.00% | 38.61% |
| Municipal | 0.00% | 0.00% | 22.71% | 28.96% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | GFAXX % Rank | |
|---|---|---|---|---|
| US | 24.33% | 0.00% | 72.86% | 49.75% |
| Non US | 0.00% | 0.00% | 3.41% | 25.74% |
GFAXX - Expenses
Operational Fees
| GFAXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.45% | 0.07% | 2.23% | 42.57% |
| Management Fee | 0.07% | 0.03% | 0.50% | 11.14% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 0.55% | 77.78% |
Sales Fees
| GFAXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 5.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| GFAXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
| GFAXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 485.00% | N/A |
GFAXX - Distributions
Dividend Yield Analysis
| GFAXX | Category Low | Category High | GFAXX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.32% | 0.00% | 5.42% | 68.56% |
Dividend Distribution Analysis
| GFAXX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| GFAXX | Category Low | Category High | GFAXX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.01% | -1.09% | 1.67% | 40.00% |
Capital Gain Distribution Analysis
| GFAXX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.004 | OrdinaryDividend |
| Oct 31, 2024 | $0.004 | OrdinaryDividend |
| Sep 30, 2024 | $0.004 | OrdinaryDividend |
| Aug 30, 2024 | $0.007 | OrdinaryDividend |
| Jul 31, 2024 | $0.005 | OrdinaryDividend |
| Apr 30, 2024 | $0.004 | OrdinaryDividend |
| Mar 28, 2024 | $0.004 | OrdinaryDividend |
| Feb 29, 2024 | $0.004 | OrdinaryDividend |
| Jan 31, 2024 | $0.004 | OrdinaryDividend |
| Dec 29, 2023 | $0.004 | OrdinaryDividend |
| Nov 30, 2023 | $0.004 | OrdinaryDividend |
| Oct 31, 2023 | $0.004 | OrdinaryDividend |
| Sep 29, 2023 | $0.004 | OrdinaryDividend |
| Aug 31, 2023 | $0.005 | OrdinaryDividend |
| Jul 31, 2023 | $0.003 | OrdinaryDividend |
| Jun 30, 2023 | $0.003 | OrdinaryDividend |
| May 31, 2023 | $0.003 | OrdinaryDividend |
| Apr 28, 2023 | $0.002 | OrdinaryDividend |
| Mar 31, 2023 | $0.003 | OrdinaryDividend |
| Feb 28, 2023 | $0.002 | OrdinaryDividend |
| Jan 31, 2023 | $0.002 | OrdinaryDividend |
| Dec 30, 2022 | $0.003 | OrdinaryDividend |
| Dec 14, 2022 | $0.000 | CapitalGainShortTerm |
| Nov 30, 2022 | $0.003 | OrdinaryDividend |
| Oct 31, 2022 | $0.002 | OrdinaryDividend |
| Sep 30, 2022 | $0.002 | OrdinaryDividend |
| Aug 31, 2022 | $0.002 | OrdinaryDividend |
| Jul 29, 2022 | $0.001 | OrdinaryDividend |
| Jun 30, 2022 | $0.001 | OrdinaryDividend |
| May 31, 2022 | $0.000 | OrdinaryDividend |
| Apr 29, 2022 | $0.000 | OrdinaryDividend |
| Mar 31, 2022 | $0.000 | OrdinaryDividend |
| Feb 28, 2022 | $0.000 | OrdinaryDividend |
| Jan 31, 2022 | $0.000 | OrdinaryDividend |
| Dec 31, 2021 | $0.000 | OrdinaryDividend |
| Dec 14, 2021 | $0.000 | CapitalGainShortTerm |
| Nov 30, 2021 | $0.000 | OrdinaryDividend |
| Oct 29, 2021 | $0.000 | OrdinaryDividend |
| Sep 30, 2021 | $0.000 | OrdinaryDividend |
| Aug 31, 2021 | $0.000 | OrdinaryDividend |
| Jul 30, 2021 | $0.000 | OrdinaryDividend |
| Jun 30, 2021 | $0.000 | OrdinaryDividend |
| May 28, 2021 | $0.000 | OrdinaryDividend |
| Apr 30, 2021 | $0.000 | OrdinaryDividend |
| Mar 31, 2021 | $0.000 | OrdinaryDividend |
| Feb 26, 2021 | $0.000 | OrdinaryDividend |
| Jan 29, 2021 | $0.000 | OrdinaryDividend |
| Dec 31, 2020 | $0.000 | OrdinaryDividend |
| Nov 30, 2020 | $0.000 | OrdinaryDividend |
| Oct 30, 2020 | $0.000 | OrdinaryDividend |
| Sep 30, 2020 | $0.000 | OrdinaryDividend |
| Aug 31, 2020 | $0.000 | OrdinaryDividend |
| Jul 31, 2020 | $0.000 | OrdinaryDividend |
| Jun 30, 2020 | $0.000 | OrdinaryDividend |
| May 29, 2020 | $0.000 | OrdinaryDividend |
| Apr 30, 2020 | $0.000 | OrdinaryDividend |
| Mar 31, 2020 | $0.001 | OrdinaryDividend |
| Feb 28, 2020 | $0.001 | OrdinaryDividend |
| Jan 31, 2020 | $0.001 | OrdinaryDividend |
| Dec 31, 2019 | $0.001 | OrdinaryDividend |
| Nov 29, 2019 | $0.001 | OrdinaryDividend |
| Oct 31, 2019 | $0.001 | OrdinaryDividend |
| Sep 30, 2019 | $0.002 | OrdinaryDividend |
| Aug 30, 2019 | $0.002 | OrdinaryDividend |
| Jul 31, 2019 | $0.002 | OrdinaryDividend |
| Jun 28, 2019 | $0.002 | OrdinaryDividend |
| Dec 14, 2016 | $0.000 | CapitalGainShortTerm |
GFAXX - Fund Manager Analysis
Managers
Richard Bamford
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
Richard A. Bamford serves as a Portfolio Manager for the Fixed Income Team within SIMC's Investment Management Unit. Mr. Bamford is responsible for investment grade debt and municipal bond portfolios. Mr. Bamford's duties include manager analysis and selection, strategy development and enhancement as well as investment research. Mr. Bamford has over 20 years of investment experience in investment management. Prior to joining SEI in 1999, Mr. Bamford worked as a Municipal Credit Analyst for Vanguard. Mr. Bamford received a Bachelor of Science in Economics/Finance and Accounting from the University of Scranton and an M.B.A. with a concentration in Finance from St. Joseph's University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 46.68 | 15.23 | 19.01 |
