# SEI High Yield Bond & Alternative Credit ETF (LEND): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lend for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SEI · Asset class: Fixed Income - Strategy: — · Inception: 1995-01-11 This fund is mandated to commit a significant portion of its assets – at least 80% of its net capital, including any funds raised through borrowing – to high-yield debt instruments. Its primary focus is on fixed income securities rated below investment grade, colloquially known as "junk bonds." This encompasses a broad range of credit products, such as corporate bonds, debentures, hybrid securities like convertible and preferred shares, zero-coupon obligations, and various tranches of structured credit vehicles including Collateralized Debt Obligations (CDOs) and Collateralized Loan Obligat... ## Key Facts | Metric | Value | |---|---| | Price | $24.18 | | Expense Ratio | 0.65% | | Assets Under Management | $982.2M | | NAV | $24.14 | | Holdings Count | 1446 | | Distribution Yield (TTM) | 1.64% | | Annual Distribution (TTM) | $0.40 /share | | Distribution Frequency | Monthly | | 52-Week Range | $23.95 – $25.29 | | Beta | 0.52 | ## Latest Distribution - Amount: $0.1343 /share - Ex-date: 2026-10-05 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does LEND invest in? This fund is mandated to commit a significant portion of its assets – at least 80% of its net capital, including any funds raised through borrowing – to high-yield debt instruments. Its primary focus is on fixed income securities rated below investment grade, colloquially known as "junk bonds." This encompasses a broad range of credit products, such as corporate bonds, debentures, hybrid securities like convertible and preferred shares, zero-coupon obligations, and various tranches of structured credit vehicles including Collateralized Debt Obligations (CDOs) and Collateralized Loan Obligations (CLOs). ### What is the expense ratio of LEND? SEI High Yield Bond & Alternative Credit ETF (LEND) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations. ### What is LEND's dividend yield? LEND's trailing-twelve-month yield is 1.64%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of LEND? Effective duration measures LEND's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. LEND's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of LEND? LEND's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of LEND? Yield to maturity (YTM) is the total return you'd earn from LEND if every bond in the portfolio is held to maturity at the current price. LEND's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does LEND pay a dividend? Yes, SEI High Yield Bond & Alternative Credit ETF (LEND) distributes dividends to shareholders. The trailing-twelve-month yield is 1.64%. Full dividend history is on this page. ### How often does LEND pay dividends? SEI High Yield Bond & Alternative Credit ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is LEND's next ex-dividend date? The most recently announced ex-dividend date for LEND was 2026-10-05. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will LEND's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.65% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LEND charge its expense ratio? The expense ratio is deducted in tiny daily slices from LEND's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LEND cost more than a fund like VOO? LEND's strategy (current expense ratio 0.65%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where LEND sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to LEND? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as LEND (0.65%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lend - Distribution history: https://www.dividenddata.com/funds/lend/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lend/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lend/expenses - Peer comparison: https://www.dividenddata.com/funds/lend/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.