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Trending ETFs

SEI Institutional Investments Trust Long Duration Credit Fund

mutual fund
SLDAX
Dividend policy
Active
Price as of:
$10.96 -0.12 0%
primary theme
U.S. Long-Term Bond Duration
share class
SLDAX (Mutual Fund)

SEI Institutional Investments Trust Long Duration Credit Fund

Dividend policy
Active
Price as of:
$10.96 -0.12 0%
primary theme
U.S. Long-Term Bond Duration
share class
SLDAX (Mutual Fund)
SEI Institutional Investments Trust Long Duration Credit Fund
Dividend policy
Active
Price as of:
$10.96 -0.12 0%
primary theme
U.S. Long-Term Bond Duration
share class

SLDAX - Snapshot

Vitals

  • YTD Return -9.2%
  • 3 Yr Annualized Return 9.0%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $4.42 B
  • Holdings in Top 10 15.5%

52 WEEK LOW AND HIGH

$11.08
$9.81
$12.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.37%

SALES FEES

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

BROKERAGE FEES

  • Turnover 74.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme U.S. Long-Term Bond Duration
  • Fund Type Open End Mutual Fund
  • Investment Style Long-Term Bond

Compare SLDAX to Popular U.S. Long-Term Bond Duration Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$10.73

-0.56%

$20.53 B

3.40%

$0.37

blocked
blocked
blocked

-8.99%

0.22%

$15.04

-0.60%

$11.24 B

3.20%

$0.48

blocked
blocked
blocked

-9.67%

0.05%

$33.87

-0.62%

$6.46 B

3.35%

$1.14

blocked
blocked
blocked

-8.29%

0.05%

$10.96

-1.08%

$4.42 B

3.08%

$0.34

blocked
blocked
blocked

-9.20%

0.37%

$12.43

-0.80%

$3.63 B

4.63%

$0.58

blocked
blocked
blocked

-8.20%

0.84%

Compare SLDAX to Popular U.S. Long-Term Bond Duration ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$99.63

-1.03%

$11.24 B

3.43%

$3.45

blocked
blocked
blocked

-9.85%

0.05%

$102.16

-1.06%

$6.46 B

3.59%

$3.71

blocked
blocked
blocked

-9.20%

0.05%

$67.29

-0.97%

$2.38 B

3.69%

$2.51

blocked
blocked
blocked

-8.94%

0.06%

$32.46

-0.61%

$2.35 B

2.91%

$0.95

blocked
blocked
blocked

-3.40%

0.28%

$30.45

-0.98%

$924.06 M

3.48%

$1.07

blocked
blocked
blocked

-9.18%

0.07%

SLDAX - Profile

Distributions

  • YTD Total Return -9.2%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.44%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    SEI Institutional Investments Trust Long Duration Credit Fund
  • Fund Family Name
    SEI
  • Inception Date
    Jun 29, 2012
  • Shares Outstanding
    396035868
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Timothy Bacik

Fund Description

The fund will invest at least 80% of its net assets in investment grade U.S. dollar-denominated fixed income instruments. It will primarily invest in U.S. and foreign corporate obligations, fixed income securities issued by sovereigns or agencies in both developed and emerging foreign markets, obligations of supranational entities, debt obligations, and securities. The fund may also invest in futures contracts, options on securities or indexes and swaps, including interest rate swaps, single security swaps, swaps on an index of securities or credit default swaps.


SLDAX - Performance

Return Ranking - Trailing

Period SLDAX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.2% -9.9% 0.1% 82.61%
1 Yr 0.8% -2.1% 8.9% 54.17%
3 Yr 9.0%* 5.0% 10.3% 33.33%
5 Yr 7.8%* 3.5% 9.3% 40.48%
10 Yr N/A* 0.2% 10.1% N/A

* Annualized

Return Ranking - Calendar

Period SLDAX Return Category Return Low Category Return High Rank in Category (%)
2020 8.1% 1.5% 12.2% 33.33%
2019 16.7% 0.0% 19.0% 25.00%
2018 -10.1% -11.7% 3.0% 57.89%
2017 6.7% -28.2% 8.3% 43.24%
2016 4.2% -32.2% 6.1% 25.71%

Total Return Ranking - Trailing

Period SLDAX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.2% -9.9% 0.1% 89.13%
1 Yr 0.8% -5.5% 5.4% 43.75%
3 Yr 9.0%* 3.8% 10.3% 28.57%
5 Yr 7.8%* 2.8% 9.3% 40.48%
10 Yr N/A* -0.1% 10.1% N/A

* Annualized

Total Return Ranking - Calendar

Period SLDAX Return Category Return Low Category Return High Rank in Category (%)
2020 8.1% 1.5% 12.2% 33.33%
2019 16.7% 0.0% 19.0% 25.00%
2018 -10.1% -11.7% 3.0% 57.89%
2017 6.7% 1.3% 9.9% 54.05%
2016 4.2% -32.2% 7.3% 31.43%

NAV & Total Return History


SLDAX - Holdings

Concentration Analysis

SLDAX Category Low Category High SLDAX % Rank
Net Assets 4.42 B 13.3 M 20.5 B 21.28%
Number of Holdings 1208 12 2835 44.68%
Net Assets in Top 10 443 M -111 M 1.52 B 21.28%
Weighting of Top 10 15.53% 3.1% 99.3% 60.47%

Top 10 Holdings

  1. 10 Year Treasury Note Future Mar 21 4.87%
  2. 10 Year Treasury Note Future Mar 21 4.87%
  3. 10 Year Treasury Note Future Mar 21 4.87%
  4. 10 Year Treasury Note Future Mar 21 4.87%
  5. 10 Year Treasury Note Future Mar 21 4.87%
  6. 10 Year Treasury Note Future Mar 21 4.87%
  7. 10 Year Treasury Note Future Mar 21 4.87%
  8. 10 Year Treasury Note Future Mar 21 4.87%
  9. 10 Year Treasury Note Future Mar 21 4.87%
  10. 10 Year Treasury Note Future Mar 21 4.87%

Asset Allocation

Weighting Return Low Return High SLDAX % Rank
Bonds
98.13% 64.59% 141.37% 46.81%
Cash
1.61% -41.37% 20.64% 44.68%
Convertible Bonds
0.26% 0.00% 3.84% 44.68%
Stocks
0.00% 0.00% 15.27% 78.72%
Preferred Stocks
0.00% 0.00% 19.04% 82.98%
Other
0.00% -0.35% 20.34% 65.96%

Bond Sector Breakdown

Weighting Return Low Return High SLDAX % Rank
Corporate
82.09% 0.00% 99.74% 36.17%
Government
10.65% 0.00% 43.58% 34.04%
Municipal
5.44% 0.00% 100.00% 40.43%
Cash & Equivalents
1.55% 0.00% 36.32% 46.81%
Securitized
0.26% 0.00% 4.85% 38.30%
Derivative
0.00% 0.00% 6.34% 74.47%

Bond Geographic Breakdown

Weighting Return Low Return High SLDAX % Rank
US
88.22% 50.98% 137.90% 34.04%
Non US
9.91% 0.00% 27.05% 55.32%

SLDAX - Expenses

Operational Fees

SLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.37% 0.04% 5.20% 68.09%
Management Fee 0.30% 0.04% 1.10% 37.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.05% 0.40% 15.38%

Sales Fees

SLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

SLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 3.00% 447.00% 60.42%

SLDAX - Distributions

Dividend Yield Analysis

SLDAX Category Low Category High SLDAX % Rank
Dividend Yield 0.00% 0.00% 2.09% 81.25%

Dividend Distribution Analysis

SLDAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

SLDAX Category Low Category High SLDAX % Rank
Net Income Ratio 3.44% 1.36% 5.88% 55.32%

Capital Gain Distribution Analysis

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

Dividend Payout History

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SLDAX - Fund Manager Analysis

Managers

Timothy Bacik


Start Date

Tenure

Tenure Rank

Jun 29, 2012

8.67

8.7%

Tim Bacik, CFA graduated from Wesleyan University with a B.A. in Economics. Mr. Bacik joined LGIMA in 2011 as a Senior Portfolio Manager and has over 23 years of industry experience. Tim serves as an analyst and portfolio manager, with over 14 years of fixed income experience. In 2019, he was promoted to Head of Active Fixed Income. Prior to joining Lee Munder Capital Group in April 2004, he worked at Alliance Capital as a portfolio manager for institutional core/core+ fixed income products. His responsibilities also included generating and executing strategies across all Alliance fixed income credit investors and providing daily commentary to Alliance fixed income personnel, who then communicated these strategies, ideas, and market events.

William O'Malley


Start Date

Tenure

Tenure Rank

Jun 29, 2012

8.67

8.7%

Bill joined IR+M in September 1994. Prior to IR+M, Bill was a Vice President at Wellington Management Company, LLP. Before joining Wellington in 1989, Bill worked at The Vanguard Group and in Morgan Stanley's Fixed Income Division. Bill has a BA from Amherst College (1984) and an MBA from The Wharton School of the University of Pennsylvania (1989).

Itai Lourie


Start Date

Tenure

Tenure Rank

Jun 29, 2012

8.67

8.7%

Itai is a Co-CIO of fixed income and a fixed income portfolio manager. He joined Jennison in 1996. Prior to assuming his current position in 2005, he was a fixed income trader with the firm. Itai received a BA in English from Amherst College.

Richard Klemmer


Start Date

Tenure

Tenure Rank

Jun 29, 2012

8.67

8.7%

Richard A. Klemmer joined Jennison in 1982 to help develop its proprietary fixed income analytic systems and to participate in the management of structured fixed income portfolios. Mr. Klemmer shares responsibility for asset backed and commercial mortgage backed securities and corporate credit analysis along with portfolio management duties.

Eric Staudt


Start Date

Tenure

Tenure Rank

Jun 29, 2012

8.67

8.7%

Eric is a fixed income portfolio manager. He joined Jennison in 2010. Prior to Jennison, Eric worked at UBS Global Asset Management for eleven years, most recently as a senior fixed income portfolio manager. He received a BA in economics from the University of Illinois and an MBA from DePaul University.

Jeffrey Koch


Start Date

Tenure

Tenure Rank

Jun 29, 2012

8.67

8.7%

Jeff Koch, CFA, joined LGIMA as a Senior Portfolio Manager in 2012 and was promoted to Co-Head of Fixed Income in 2013. In 2019, he was promoted to Head of Active Fixed Income. Mr. Koch has over 30 years of investment grade and high yield fixed income experience. Mr. Koch earned a B.S. in Economics from the University of Minnesota, Morris and an M.B.A. with an emphasis in Finance from Washington University. Prior to joining Metropolitan West Asset Management, Mr. Koch had been at Strong Capital Management for over 13 years where he was responsible for building their high yield bond business. Prior to joining Strong, he was employed by Fossett Corporation as a market maker clerk.

Dave Nirtaut


Start Date

Tenure

Tenure Rank

Jun 29, 2012

8.67

8.7%

Dave Nirtaut joined LGIMA in 2007 as Head of Securitized Assets and Interest Rates and was promoted to Head of Portfolio Management in 2012, and to Co-Head of Fixed Income in 2013. Mr. Nirtaut graduated from Indiana University with a B.S. in Finance and Accounting and from the University of Notre Dame with an M.B.A., magna cum laude.

Bryan Whalen


Start Date

Tenure

Tenure Rank

Dec 31, 2012

8.17

8.2%

Bryan T. Whalen, CFA Group Managing Director U.S. Fixed Income Mr. Whalen is a Generalist Portfolio Manager in the U.S. Fixed Income Group. Mr. Whalen joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest) as co-head of the Securitized Products division. Prior to joining TCW, Mr. Whalen was a partner and co-head of MetWest's Securitized Products division. Prior to joining MetWest in 2004, he was a director in the fixed income department at Credit Suisse First Boston in New York. Previously, he was a vice president at Donaldson, Lufkin & Jenrette. Mr. Whalen earned a BA in Economics from Yale University. He is a CFA charterholder.

Stephen Mullin


Start Date

Tenure

Tenure Rank

Sep 30, 2013

7.42

7.4%

Stephen Mullin is a portfolio manager and leads long duration fixed income for MetLife Investment Management (MIM) Public Fixed Income. Mullin joined MIM in September 2017, in connection with the acquisition of Logan Circle Partners (LCP) by MetLife. He assists in the risk / duration management of core-based and credit mandates. Prior to joining LCP in 2007, Mullin worked on the long duration portfolio management team at Delaware Investments. Prior to joining Delaware Investments, he worked at Ryan Labs where he created custom liability indices and performed asset/liability studies for the firm's clients, including public and private defined benefit plans, insurance companies, and state lotteries.

Jake Remley


Start Date

Tenure

Tenure Rank

Sep 30, 2020

0.41

0.4%

Jake joined IR+M in July 2005. Prior to IR+M, he was an associate with Lehman Brothers Holdings. Previously, he was a Senior Consultant at Whitelight Systems, Inc. Jake has a BSE from Princeton University (1995) and an MBA from the Kellogg School of Management at Northwestern University (2002).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 16.17 7.06 2.18