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SIIT LARGE CAP INDEX FUND
mutual fund
LCIAX
Payout Change
Pending
Price as of:
$217.96
-0.39
-0.18%
primary theme
U.S. Large-Cap Blend Equity
share class
LCIAX (Mutual Fund)
SIIT LARGE CAP INDEX FUND
Payout Change
Pending
Price as of:
$217.96
-0.39
-0.18%
primary theme
U.S. Large-Cap Blend Equity
share class
LCIAX (Mutual Fund)
SIIT LARGE CAP INDEX FUND
Payout Change
Pending
Price as of:
$217.96
-0.39
-0.18%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 10/10/2024Price
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
21.5%
1 yr return
33.5%
3 Yr Avg Return
10.5%
5 Yr Avg Return
15.7%
Net Assets
$1.82 B
Holdings in Top 10
31.8%
52 WEEK LOW AND HIGH
$218.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.13%
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 10/10/2024Price
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
LCIAX - Profile
Distributions
- YTD Total Return 21.5%
- 3 Yr Annualized Total Return 10.5%
- 5 Yr Annualized Total Return 15.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.47%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSIIT LARGE CAP INDEX FUND
-
Fund Family NameSEI Funds
-
Inception DateApr 01, 2002
-
Shares Outstanding9628168
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKarl Schneider
Fund Description
The Large Cap Index 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. The Fund's investment performance will depend on the Fund's tracking of the Index and the
performance of the Index. The Fund's ability to replicate the performance of the Index will depend to some extent on the size and timing of cash flows into and out of the Fund, as well as on the level of the Fund's expenses.
The Fund's sub-adviser (the Sub-Adviser) selects the Fund's securities under the general supervision of SEI Investments Management Corporation (SIMC or the Adviser), but the Sub-Adviser makes no attempt to "manage" the Fund in the traditional sense (i.e., by using economic, market or financial analyses). Instead, the Sub-Adviser generally will attempt to invest in securities composing the Index in approximately the same proportions as they are represented in the Index. It may not be possible or practicable to purchase all of the securities composing the Index or to hold them in the same weightings as they are represented in the Index. In those cases, the Sub-Adviser may employ a sampling or optimization technique to replicate the Index. In seeking to replicate the performance of the Index, the Fund may invest, to a lesser extent, in American Depositary Receipts (ADRs). The Fund may also invest in securities of companies located in developed foreign countries and securities of small capitalization companies. The Sub-Adviser may, but is not required to, sell an investment if the merit of the investment has been substantially impaired by extraordinary events, such as fraud or a material adverse change in an issuer, or adverse financial conditions. The Fund's return may not match the return of the Index. The Index's market capitalization range and the composition of the Index are subject to change.
LCIAX - Performance
Return Ranking - Trailing
| Period | LCIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.5% | 4.4% | 35.1% | 44.13% |
| 1 Yr | 33.5% | 8.4% | 55.4% | 34.25% |
| 3 Yr | 10.5%* | -5.2% | 16.8% | 43.85% |
| 5 Yr | 15.7%* | -7.8% | 111.4% | 26.47% |
| 10 Yr | 12.7%* | 0.0% | 52.9% | 40.59% |
* Annualized
Return Ranking - Calendar
| Period | LCIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.5% | -42.6% | 47.4% | 79.55% |
| 2022 | -30.7% | -56.3% | -4.2% | 93.38% |
| 2021 | 15.3% | -27.2% | 537.8% | 59.92% |
| 2020 | 17.3% | -22.5% | 2181.7% | 21.48% |
| 2019 | 10.0% | -13.5% | 40.4% | 95.75% |
Total Return Ranking - Trailing
| Period | LCIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.5% | 4.4% | 35.1% | 44.13% |
| 1 Yr | 33.5% | 8.4% | 55.4% | 34.25% |
| 3 Yr | 10.5%* | -5.2% | 16.8% | 43.85% |
| 5 Yr | 15.7%* | -7.8% | 111.4% | 26.47% |
| 10 Yr | 12.7%* | 0.0% | 52.9% | 40.59% |
* Annualized
Total Return Ranking - Calendar
| Period | LCIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 26.5% | -5.0% | 47.4% | 20.21% |
| 2022 | -19.1% | -36.8% | -2.2% | 67.40% |
| 2021 | 26.4% | 3.0% | 537.8% | 53.03% |
| 2020 | 20.9% | -15.8% | 2266.0% | 18.81% |
| 2019 | 31.4% | -0.4% | 241.3% | 26.06% |
NAV & Total Return History
LCIAX - Holdings
Concentration Analysis
| LCIAX | Category Low | Category High | LCIAX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.82 B | 2.34 M | 1.55 T | 45.79% |
| Number of Holdings | 1011 | 2 | 4002 | 4.94% |
| Net Assets in Top 10 | 594 M | 979 K | 517 B | 48.22% |
| Weighting of Top 10 | 31.76% | 0.3% | 112.9% | 75.47% |
Top 10 Holdings
- MICROSOFT CORP COMMON STOCK 6.29%
- APPLE INC COMMON STOCK 5.71%
- NVIDIA CORP COMMON STOCK 5.30%
- AMAZON.COM INC COMMON STOCK 3.24%
- META PLATFORMS INC COMMON STOCK 2.10%
- ALPHABET INC-CL A COMMON STOCK 2.09%
- SP500 EMINI FUT JUN24 PHYSICAL INDEX FUTURE. 2.04%
- ALPHABET INC-CL C COMMON STOCK 1.78%
- SEI DAILY INCOME TRUST GOVERNMENT FUND (#36) 1.68%
- BERKSHIRE HATHAWAY INC-CL B COMMON STOCK 1.54%
Asset Allocation
| Weighting | Return Low | Return High | LCIAX % Rank | |
|---|---|---|---|---|
| Stocks | 98.12% | 0.00% | 105.85% | 67.72% |
| Other | 2.47% | -13.91% | 100.00% | 6.15% |
| Cash | 1.68% | 0.00% | 99.07% | 31.88% |
| Preferred Stocks | 0.00% | 0.00% | 2.53% | 67.48% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 66.88% |
| Bonds | 0.00% | 0.00% | 94.06% | 99.92% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LCIAX % Rank | |
|---|---|---|---|---|
| Technology | 24.57% | 0.00% | 48.94% | 44.07% |
| Healthcare | 14.12% | 0.00% | 60.70% | 61.70% |
| Financial Services | 13.64% | 0.00% | 55.59% | 44.89% |
| Consumer Cyclical | 10.84% | 0.00% | 30.33% | 43.66% |
| Industrials | 8.59% | 0.00% | 29.90% | 56.67% |
| Communication Services | 8.43% | 0.00% | 27.94% | 50.16% |
| Consumer Defense | 6.57% | 0.00% | 47.71% | 57.83% |
| Energy | 4.65% | 0.00% | 41.64% | 37.15% |
| Real Estate | 3.45% | 0.00% | 31.91% | 25.12% |
| Utilities | 2.92% | 0.00% | 20.91% | 34.51% |
| Basic Materials | 2.24% | 0.00% | 25.70% | 72.41% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LCIAX % Rank | |
|---|---|---|---|---|
| US | 98.12% | 0.00% | 105.85% | 57.69% |
| Non US | 0.00% | 0.00% | 64.54% | 73.30% |
LCIAX - Expenses
Operational Fees
| LCIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.13% | 0.01% | 19.75% | 92.67% |
| Management Fee | 0.05% | 0.00% | 1.90% | 7.24% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.05% | 0.00% | 0.85% | 29.54% |
Sales Fees
| LCIAX 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
| 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 | N/A | 0.00% | 268.00% | 54.22% |
LCIAX - Distributions
Dividend Yield Analysis
| LCIAX | Category Low | Category High | LCIAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.28% | 0.00% | 25.47% | 2.68% |
Dividend Distribution Analysis
| LCIAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| LCIAX | Category Low | Category High | LCIAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.47% | -54.00% | 2.44% | 6.45% |
Capital Gain Distribution Analysis
| LCIAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 07, 2024 | $0.739 | OrdinaryDividend |
| Apr 05, 2024 | $0.696 | OrdinaryDividend |
| Dec 28, 2023 | $0.642 | OrdinaryDividend |
| Dec 15, 2023 | $0.042 | CapitalGainShortTerm |
| Dec 15, 2023 | $21.018 | CapitalGainLongTerm |
| Oct 05, 2023 | $0.723 | OrdinaryDividend |
| Jul 06, 2023 | $0.637 | OrdinaryDividend |
| Apr 05, 2023 | $0.731 | OrdinaryDividend |
| Dec 29, 2022 | $0.706 | OrdinaryDividend |
| Dec 16, 2022 | $24.143 | OrdinaryDividend |
| Oct 06, 2022 | $0.810 | OrdinaryDividend |
| Jul 07, 2022 | $0.692 | OrdinaryDividend |
| Apr 06, 2022 | $0.784 | OrdinaryDividend |
| Dec 30, 2021 | $0.776 | OrdinaryDividend |
| Dec 16, 2021 | $18.634 | OrdinaryDividend |
| Oct 05, 2021 | $0.825 | OrdinaryDividend |
| Jul 07, 2021 | $0.745 | OrdinaryDividend |
| Apr 06, 2021 | $0.804 | OrdinaryDividend |
| Dec 30, 2020 | $0.824 | OrdinaryDividend |
| Dec 11, 2020 | $2.463 | OrdinaryDividend |
| Oct 06, 2020 | $0.666 | OrdinaryDividend |
| Jul 07, 2020 | $0.659 | OrdinaryDividend |
| Apr 07, 2020 | $0.802 | OrdinaryDividend |
| Dec 30, 2019 | $0.739 | OrdinaryDividend |
| Dec 13, 2019 | $0.278 | CapitalGainShortTerm |
| Dec 13, 2019 | $29.083 | CapitalGainLongTerm |
| Oct 08, 2019 | $0.925 | OrdinaryDividend |
| Jul 09, 2019 | $0.878 | OrdinaryDividend |
| Apr 09, 2019 | $0.878 | OrdinaryDividend |
| Dec 28, 2018 | $1.186 | OrdinaryDividend |
| Dec 14, 2018 | $0.412 | CapitalGainShortTerm |
| Dec 14, 2018 | $26.692 | CapitalGainLongTerm |
| Oct 04, 2018 | $1.040 | OrdinaryDividend |
| Jul 09, 2018 | $1.164 | OrdinaryDividend |
| Apr 06, 2018 | $0.865 | OrdinaryDividend |
| Dec 28, 2017 | $1.491 | OrdinaryDividend |
| Dec 14, 2017 | $0.433 | CapitalGainShortTerm |
| Dec 14, 2017 | $4.034 | CapitalGainLongTerm |
| Oct 05, 2017 | $0.958 | OrdinaryDividend |
| Jul 07, 2017 | $0.811 | OrdinaryDividend |
| Apr 07, 2017 | $0.452 | OrdinaryDividend |
| Dec 29, 2016 | $0.908 | OrdinaryDividend |
| Dec 15, 2016 | $0.092 | CapitalGainShortTerm |
| Dec 15, 2016 | $1.957 | CapitalGainLongTerm |
| Oct 06, 2016 | $0.829 | OrdinaryDividend |
| Jul 07, 2016 | $0.644 | OrdinaryDividend |
| Apr 07, 2016 | $0.925 | OrdinaryDividend |
| Dec 30, 2015 | $0.086 | OrdinaryDividend |
| Dec 11, 2015 | $0.242 | CapitalGainShortTerm |
| Dec 11, 2015 | $6.386 | CapitalGainLongTerm |
| Oct 05, 2015 | $0.831 | OrdinaryDividend |
| Jul 08, 2015 | $0.706 | OrdinaryDividend |
| Apr 02, 2015 | $0.078 | OrdinaryDividend |
| Dec 30, 2014 | $0.850 | OrdinaryDividend |
| Oct 03, 2014 | $0.783 | OrdinaryDividend |
| Jul 03, 2014 | $0.817 | OrdinaryDividend |
| Mar 28, 2014 | $0.707 | OrdinaryDividend |
| Dec 30, 2013 | $0.842 | OrdinaryDividend |
| Dec 11, 2013 | $0.463 | CapitalGainShortTerm |
| Dec 11, 2013 | $2.020 | CapitalGainLongTerm |
| Oct 03, 2013 | $0.787 | OrdinaryDividend |
| Jul 03, 2013 | $0.686 | OrdinaryDividend |
| Mar 27, 2013 | $0.616 | OrdinaryDividend |
| Dec 28, 2012 | $0.819 | OrdinaryDividend |
| Dec 12, 2012 | $0.096 | CapitalGainShortTerm |
| Dec 12, 2012 | $1.069 | CapitalGainLongTerm |
| Oct 03, 2012 | $0.596 | OrdinaryDividend |
| Jul 05, 2012 | $0.579 | OrdinaryDividend |
| Mar 29, 2012 | $0.556 | OrdinaryDividend |
| Dec 29, 2011 | $0.571 | OrdinaryDividend |
| Oct 05, 2011 | $0.480 | OrdinaryDividend |
| Jul 06, 2011 | $0.509 | OrdinaryDividend |
| Mar 30, 2011 | $0.511 | OrdinaryDividend |
LCIAX - Fund Manager Analysis
Managers
Karl Schneider
Start Date
Tenure
Tenure Rank
Dec 31, 2005
16.42
16.4%
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
10.42
10.4%
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
8.17
8.2%
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.
Stephen Dolce
Start Date
Tenure
Tenure Rank
Sep 30, 2016
5.67
5.7%
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 econo
David Hintz
Start Date
Tenure
Tenure Rank
Sep 30, 2017
4.67
4.7%
David L. Hintz, CFA serves as a Portfolio Manager for the Large Cap, Large Cap Disciplined Equity, Large Cap Index, S&P 500 Index and Extended Market Index Funds. David L. 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 |
|---|---|---|---|
| 0.04 | 39.02 | 7.24 | 2.42 |
