SEI Intermediate-Term Municipal Fund;Y

Frequently Asked Questions About SINYX

What does SINYX invest in?

Under normal operating conditions, the fund will commit a minimum of 80% of its net assets, along with any borrowed funds utilized for investment, to high-quality municipal debt instruments. The income generated by these instruments is exempt from federal income tax, and they include various forms such as municipal bonds, notes, and commercial paper.

What is the expense ratio of SINYX?

SEI Intermediate-Term Municipal Fund;Y (SINYX) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations.

What is SINYX's dividend yield?

SINYX's trailing-twelve-month yield is 3.45%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SINYX?

Effective duration measures SINYX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SINYX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SINYX?

SINYX'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 SINYX?

Yield to maturity (YTM) is the total return you'd earn from SINYX if every bond in the portfolio is held to maturity at the current price. SINYX'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.