# SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/sipix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SEI · Asset class: Equity - Strategy: Actively Managed · Inception: 2007-10-17 This fund typically allocates a minimum of 80% of its assets, including any borrowed capital, to equity investments in medium-sized companies. The Sub-Advisers guiding the fund's investments target companies that, despite having modest valuations as indicated by low price-to-earnings and price-to-book ratios, exhibit robust, sustainable growth potential and a strong likelihood of upward revisions to their earnings estimates. ## Key Facts | Metric | Value | |---|---| | Price | $31.09 | | Expense Ratio | 1.24% | | AUM (All Share Classes) | $55.9M | | NAV | $31.09 | | Holdings Count | — | | Distribution Yield (TTM) | 19.10% | | Annual Distribution (TTM) | $5.94 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $26.83 – $33.41 | | Beta | 0.91 | ## Latest Distribution - Amount: $0.0190 /share - Ex-date: 2026-10-05 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does SIPIX invest in? This fund typically allocates a minimum of 80% of its assets, including any borrowed capital, to equity investments in medium-sized companies. The Sub-Advisers guiding the fund's investments target companies that, despite having modest valuations as indicated by low price-to-earnings and price-to-book ratios, exhibit robust, sustainable growth potential and a strong likelihood of upward revisions to their earnings estimates. ### What is the expense ratio of SIPIX? SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX) charges an expense ratio of 1.24%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SIPIX? SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX) is one share class of a fund that manages $55.9M across all of its share classes (SEMCX, SFDYX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SIPIX actively managed or an index fund? SIPIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SIPIX's is 1.24%) in exchange for the discretion to over- or under-weight positions. ### When was SIPIX launched? SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX) launched in October 2007 and is managed by SEI. ### How has SIPIX performed? SIPIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SIPIX pay a dividend? SEI Insti Managed Tr, Mid Cap Fund Class I (SIPIX) currently distributes little or no income. Trailing-twelve-month yield is 19.10%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SIPIX pay dividends? SEI Insti Managed Tr, Mid Cap Fund Class I pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SIPIX's dividend yield? SIPIX's trailing-twelve-month yield is 19.10%, calculated from the sum of dividends over the past year divided by the current price. ### When is SIPIX's next ex-dividend date? The most recently announced ex-dividend date for SIPIX was 2026-10-05. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SIPIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.24% 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 SIPIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SIPIX'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 SIPIX cost more than a fund like VOO? SIPIX is actively managed (current expense ratio 1.24%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SIPIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SIPIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SIPIX (1.24%) 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/sipix - Distribution history: https://www.dividenddata.com/funds/sipix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/sipix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/sipix/expenses - Peer comparison: https://www.dividenddata.com/funds/sipix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.