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SAAT CORE MARKET STRATEGY ALLOCATION FUND
mutual fund
SKTAX
Payout Change
Pending
Price as of:
$22.57
+0.08
+0.36%
primary theme
U.S. Growth Allocation
share class
SKTAX (Mutual Fund)
SAAT CORE MARKET STRATEGY ALLOCATION FUND
Payout Change
Pending
Price as of:
$22.57
+0.08
+0.36%
primary theme
U.S. Growth Allocation
share class
SKTAX (Mutual Fund)
SAAT CORE MARKET STRATEGY ALLOCATION FUND
Payout Change
Pending
Price as of:
$22.57
+0.08
+0.36%
primary theme
U.S. Growth Allocation
share class
Name
As of 11/29/2024Price
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
16.7%
1 yr return
21.6%
3 Yr Avg Return
6.5%
5 Yr Avg Return
9.7%
Net Assets
$20.8 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$22.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.38%
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 11/29/2024Price
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
SKTAX - Profile
Distributions
- YTD Total Return 16.7%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 9.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.24%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSAAT CORE MARKET STRATEGY ALLOCATION FUND
-
Fund Family NameSEI Funds
-
Inception DateNov 17, 2003
-
Shares Outstanding1149518
-
Share ClassF
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Smigiel
Fund Description
GoalLink Strategy Component
The Fund is designed to be one component of a broader strategy (GoalLink Strategy) employed by SEI Investments Management Corporation (SIMC or the Adviser), in which shareholders allocate their overall investment portfolio among investments in the Fund as well as one or more SEI funds that invest primarily in municipal bonds (Muni Bond Funds). The allocation between the Fund and the Muni Bond Funds is based on models developed by SIMC and selected by the shareholder (in consultation with his or her investment adviser). Accordingly, the Fund is not recommended for persons who do not participate in the GoalLink Strategy.
Investment Strategy
Under normal circumstances, the Fund will seek to provide the opportunity for capital appreciation with some opportunity to generate income. The Fund invests in other SEI funds (which may include exchange-traded funds (ETFs)), each of which has its own investment goal (the Underlying SEI Funds), that form the non-Underlying Muni Bond Fund component of the GoalLink Strategy. The Underlying SEI Funds invest, in turn, in securities and other instruments of various asset classes. Each of the Underlying SEI Funds is managed by one or more sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers) under the supervision of SIMC, or, in certain circumstances, is managed directly by SIMC.
The Fund's assets may be diversified across Underlying SEI equity funds, bond and money market funds, and real estate funds. The equity funds may consist of a wide range of investment styles that provide investment exposure to U.S. and/or foreign equity securities of companies of various capitalization ranges. The bond funds may consist of a wide range of investment styles that provide exposure to U.S. and/or foreign fixed income securities of varying credit quality (including junk bonds), maturity and duration. The real estate funds provide exposure to the equity securities of real estate companies.
The Fund's assets are allocated among a variety of Underlying SEI Funds within the following percentage ranges:
| Underlying SEI Fund Type | Investment Range(Percentage of the Fund's Assets) | ||
| U.S. Equity Funds | 20-100 | % | |
| Investment Grade Bond & Money Market Funds | 0-75 | % | |
| Non-Investment Grade Bond Funds | 0-60 | % | |
| International Equity Funds | 0-60 | % | |
| Real Estate Funds | 0-40 | % |
SKTAX - Performance
Return Ranking - Trailing
| Period | SKTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.7% | 11.4% | 24.9% | 77.60% |
| 1 Yr | 21.6% | 14.5% | 40.0% | 78.14% |
| 3 Yr | 6.5%* | -6.6% | 10.2% | 39.78% |
| 5 Yr | 9.7%* | 1.9% | 14.7% | 65.64% |
| 10 Yr | 8.3%* | 1.4% | 12.8% | 60.66% |
* Annualized
Return Ranking - Calendar
| Period | SKTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.8% | -6.6% | 33.6% | 92.90% |
| 2022 | -22.7% | -44.4% | -9.8% | 43.65% |
| 2021 | 11.3% | -24.1% | 18.9% | 45.61% |
| 2020 | 4.9% | -10.9% | 60.4% | 84.66% |
| 2019 | 18.6% | 5.9% | 36.4% | 51.61% |
Total Return Ranking - Trailing
| Period | SKTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.7% | 11.4% | 24.9% | 77.60% |
| 1 Yr | 21.6% | 14.5% | 40.0% | 78.14% |
| 3 Yr | 6.5%* | -6.6% | 10.2% | 39.78% |
| 5 Yr | 9.7%* | 1.9% | 14.7% | 65.64% |
| 10 Yr | 8.3%* | 1.4% | 12.8% | 60.66% |
* Annualized
Total Return Ranking - Calendar
| Period | SKTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.2% | 1.4% | 34.9% | 77.05% |
| 2022 | -14.3% | -43.2% | -3.8% | 13.26% |
| 2021 | 19.4% | -24.1% | 26.7% | 22.22% |
| 2020 | 11.2% | -5.3% | 62.8% | 87.73% |
| 2019 | 24.4% | 12.4% | 52.6% | 76.77% |
NAV & Total Return History
SKTAX - Holdings
Concentration Analysis
| SKTAX | Category Low | Category High | SKTAX % Rank | |
|---|---|---|---|---|
| Net Assets | 20.8 M | 10.9 M | 130 B | 99.45% |
| Number of Holdings | 6 | 5 | 8145 | 97.81% |
| Net Assets in Top 10 | 21.8 M | 7.75 M | 26.1 B | 95.63% |
| Weighting of Top 10 | 99.98% | 20.0% | 106.4% | 18.58% |
Top 10 Holdings
- SEI TAX-MANAGED LARGE CAP-Y MUTUAL FUND 56.11%
- SEI INTERNATIONAL EQUITY-Y MUTUAL FUND 16.08%
- SEI TAX MGD SM MID CAP-Y MUTUAL FUND 13.92%
- SIMT HIGH YIELD BOND-Y MUTUAL FUND 7.85%
- SEI INST INST EMG MKT DEBT-Y MUTUAL FUND 3.99%
- SIT EMRG MRKTS EQTY-Y MUTUAL FUND 2.03%
Asset Allocation
| Weighting | Return Low | Return High | SKTAX % Rank | |
|---|---|---|---|---|
| Stocks | 92.13% | 0.00% | 100.04% | 73.77% |
| Cash | 7.87% | 0.00% | 15.20% | 5.46% |
| Convertible Bonds | 0.10% | 0.00% | 3.88% | 38.25% |
| Preferred Stocks | 0.00% | 0.00% | 10.07% | 84.70% |
| Other | 0.00% | -57.83% | 10.21% | 73.22% |
| Bonds | 0.00% | 0.00% | 170.81% | 86.89% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SKTAX % Rank | |
|---|---|---|---|---|
| Financial Services | 17.85% | 9.56% | 42.24% | 10.99% |
| Technology | 16.67% | 1.75% | 32.38% | 76.92% |
| Healthcare | 14.97% | 2.06% | 19.02% | 15.38% |
| Industrials | 11.23% | 1.80% | 14.87% | 36.81% |
| Consumer Cyclical | 9.89% | 1.15% | 24.72% | 80.77% |
| Consumer Defense | 8.55% | 0.47% | 14.80% | 9.89% |
| Basic Materials | 5.93% | 0.00% | 8.62% | 8.79% |
| Communication Services | 5.20% | 1.90% | 13.69% | 93.96% |
| Energy | 4.95% | 0.00% | 31.98% | 35.71% |
| Real Estate | 2.55% | 0.00% | 28.04% | 67.03% |
| Utilities | 2.20% | 0.00% | 15.29% | 65.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SKTAX % Rank | |
|---|---|---|---|---|
| US | 92.13% | 0.00% | 100.04% | 69.40% |
| Non US | 0.00% | 0.00% | 32.92% | 84.70% |
SKTAX - Expenses
Operational Fees
| SKTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.38% | 0.23% | 3.92% | 31.15% |
| Management Fee | 0.10% | 0.00% | 1.30% | 47.54% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 0.28% | 80.56% |
Sales Fees
| SKTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SKTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 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.
| SKTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.18% | 300.02% | 31.01% |
SKTAX - Distributions
Dividend Yield Analysis
| SKTAX | Category Low | Category High | SKTAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.85% | 0.00% | 8.81% | 2.73% |
Dividend Distribution Analysis
| SKTAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| SKTAX | Category Low | Category High | SKTAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.24% | -0.65% | 5.31% | 17.78% |
Capital Gain Distribution Analysis
| SKTAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 07, 2024 | $0.104 | OrdinaryDividend |
| Apr 05, 2024 | $0.067 | OrdinaryDividend |
| Dec 28, 2023 | $0.198 | OrdinaryDividend |
| Dec 15, 2023 | $0.039 | CapitalGainShortTerm |
| Dec 15, 2023 | $0.858 | CapitalGainLongTerm |
| Dec 15, 2023 | $0.896 | OrdinaryDividend |
| Oct 05, 2023 | $0.071 | OrdinaryDividend |
| Jul 06, 2023 | $0.067 | OrdinaryDividend |
| Apr 05, 2023 | $0.061 | OrdinaryDividend |
| Dec 29, 2022 | $0.229 | OrdinaryDividend |
| Dec 16, 2022 | $1.555 | CapitalGainLongTerm |
| Oct 06, 2022 | $0.054 | OrdinaryDividend |
| Jul 07, 2022 | $0.047 | OrdinaryDividend |
| Apr 06, 2022 | $0.048 | OrdinaryDividend |
| Dec 16, 2021 | $1.511 | OrdinaryDividend |
| Oct 05, 2021 | $0.041 | OrdinaryDividend |
| Jul 07, 2021 | $0.046 | OrdinaryDividend |
| Apr 06, 2021 | $0.054 | OrdinaryDividend |
| Dec 30, 2020 | $0.127 | OrdinaryDividend |
| Dec 11, 2020 | $0.925 | CapitalGainLongTerm |
| Oct 06, 2020 | $0.042 | OrdinaryDividend |
| Jul 07, 2020 | $0.043 | OrdinaryDividend |
| Apr 07, 2020 | $0.057 | OrdinaryDividend |
| Dec 30, 2019 | $0.129 | OrdinaryDividend |
| Dec 13, 2019 | $0.003 | CapitalGainShortTerm |
| Dec 13, 2019 | $0.657 | CapitalGainLongTerm |
| Oct 08, 2019 | $0.054 | OrdinaryDividend |
| Jul 09, 2019 | $0.058 | OrdinaryDividend |
| Apr 09, 2019 | $0.055 | OrdinaryDividend |
| Dec 28, 2018 | $0.124 | OrdinaryDividend |
| Dec 14, 2018 | $0.012 | CapitalGainShortTerm |
| Dec 14, 2018 | $0.350 | CapitalGainLongTerm |
| Oct 04, 2018 | $0.049 | OrdinaryDividend |
| Jul 09, 2018 | $0.036 | OrdinaryDividend |
| Apr 06, 2018 | $0.046 | OrdinaryDividend |
| Dec 28, 2017 | $0.125 | OrdinaryDividend |
| Dec 14, 2017 | $0.013 | CapitalGainShortTerm |
| Dec 14, 2017 | $0.596 | CapitalGainLongTerm |
| Oct 05, 2017 | $0.042 | OrdinaryDividend |
| Jul 07, 2017 | $0.036 | OrdinaryDividend |
| Apr 07, 2017 | $0.036 | OrdinaryDividend |
| Dec 29, 2016 | $0.112 | OrdinaryDividend |
| Oct 06, 2016 | $0.032 | OrdinaryDividend |
| Jul 07, 2016 | $0.032 | OrdinaryDividend |
| Apr 07, 2016 | $0.038 | OrdinaryDividend |
| Dec 30, 2015 | $0.087 | OrdinaryDividend |
| Oct 05, 2015 | $0.031 | OrdinaryDividend |
| Jul 08, 2015 | $0.029 | OrdinaryDividend |
| Apr 02, 2015 | $0.030 | OrdinaryDividend |
| Dec 30, 2014 | $0.093 | OrdinaryDividend |
| Oct 03, 2014 | $0.030 | OrdinaryDividend |
| Jul 03, 2014 | $0.039 | OrdinaryDividend |
| Mar 28, 2014 | $0.027 | OrdinaryDividend |
| Dec 30, 2013 | $0.083 | OrdinaryDividend |
| Oct 03, 2013 | $0.029 | OrdinaryDividend |
| Jul 03, 2013 | $0.036 | OrdinaryDividend |
| Mar 27, 2013 | $0.030 | OrdinaryDividend |
| Dec 28, 2012 | $0.098 | OrdinaryDividend |
| Oct 03, 2012 | $0.033 | OrdinaryDividend |
| Jul 05, 2012 | $0.036 | OrdinaryDividend |
| Mar 29, 2012 | $0.031 | OrdinaryDividend |
| Dec 29, 2011 | $0.075 | OrdinaryDividend |
| Oct 05, 2011 | $0.032 | OrdinaryDividend |
| Jul 06, 2011 | $0.035 | OrdinaryDividend |
| Mar 30, 2011 | $0.031 | OrdinaryDividend |
| Dec 30, 2010 | $0.057 | OrdinaryDividend |
| Oct 05, 2010 | $0.029 | OrdinaryDividend |
| Jul 06, 2010 | $0.039 | OrdinaryDividend |
| Mar 30, 2010 | $0.034 | OrdinaryDividend |
| Dec 30, 2009 | $0.045 | OrdinaryDividend |
| Oct 05, 2009 | $0.034 | OrdinaryDividend |
| Jul 06, 2009 | $0.031 | OrdinaryDividend |
| Mar 30, 2009 | $0.046 | OrdinaryDividend |
| Dec 30, 2008 | $0.084 | OrdinaryDividend |
| Dec 05, 2008 | $0.150 | CapitalGainLongTerm |
| Oct 03, 2008 | $0.045 | OrdinaryDividend |
| Jul 03, 2008 | $0.050 | OrdinaryDividend |
| Mar 28, 2008 | $0.045 | OrdinaryDividend |
| Dec 28, 2007 | $0.253 | OrdinaryDividend |
| Dec 06, 2007 | $0.050 | CapitalGainShortTerm |
| Dec 06, 2007 | $0.307 | CapitalGainLongTerm |
| Oct 03, 2007 | $0.047 | OrdinaryDividend |
| Jul 03, 2007 | $0.048 | OrdinaryDividend |
| Mar 29, 2007 | $0.043 | OrdinaryDividend |
| Dec 28, 2006 | $0.176 | OrdinaryDividend |
| Dec 07, 2006 | $0.034 | CapitalGainShortTerm |
| Dec 07, 2006 | $0.347 | CapitalGainLongTerm |
| Oct 03, 2006 | $0.039 | OrdinaryDividend |
| Jul 05, 2006 | $0.038 | OrdinaryDividend |
| Mar 29, 2006 | $0.036 | OrdinaryDividend |
| Dec 28, 2005 | $0.104 | OrdinaryDividend |
| Dec 08, 2005 | $0.031 | CapitalGainShortTerm |
| Dec 08, 2005 | $0.133 | CapitalGainLongTerm |
| Oct 04, 2005 | $0.023 | OrdinaryDividend |
| Jul 05, 2005 | $0.011 | OrdinaryDividend |
| Mar 29, 2005 | $5.227 | OrdinaryDividend |
| Dec 31, 2004 | $0.091 | OrdinaryDividend |
| Dec 09, 2004 | $0.009 | CapitalGainShortTerm |
| Oct 04, 2004 | $0.035 | OrdinaryDividend |
| Jul 02, 2004 | $0.028 | OrdinaryDividend |
| Apr 01, 2004 | $0.005 | OrdinaryDividend |
SKTAX - Fund Manager Analysis
Managers
James Smigiel
Start Date
Tenure
Tenure Rank
Mar 27, 2012
10.18
10.2%
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.
Ryan Schneck
Start Date
Tenure
Tenure Rank
Mar 27, 2012
10.18
10.2%
Ryan Schneck has served as Portfolio Manager for SEI Investments Management Corporation since 2006. Prior to joining SIMC, Mr. Schneck was part of the global fixed-income research team at Standard & Poor's responsible for credit and default research.
Bryan Hoffman
Start Date
Tenure
Tenure Rank
Jul 31, 2016
5.84
5.8%
Bryan Hoffman is SEI’s head of Strategic Asset Allocation, the team within the Portfolio Strategies Group responsible for constructing long-term policy portfolios that span the risk/return spectrum for both institutional and retail clients across the globe. He also conducts asset-class and strategy research, participates in SEI’s active asset-allocation program, and authors white papers. Prior to his current role, Bryan led SEI’s process for creating and maintaining capital-market assumptions and asset-class simulations. Bryan earned his Bachelor of Business Administration from the University of Notre Dame, with majors in finance and economics as well as a supplementary major in philosophy. He is also a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.19 | 26.6 | 6.51 | 2.41 |
