# SEI Index Fd, S&P 500 Index Fund Class I (SPIIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spiix 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: Passive Index · Inception: 2002-06-28 This fund's primary objective is to replicate the comprehensive stock price appreciation and dividend income generated by the companies included in the S&P 500 Index. To achieve this, it allocates a substantial portion of its capital, specifically at least 80%, to the constituent securities of the S&P 500 Index. This benchmark is made up of approximately 500 leading publicly traded U.S. corporations, predominantly common stocks, representing a diverse array of industries. The fund management expects its investment performance to closely match the S&P 500 Index's overall price and dividend r... ## Key Facts | Metric | Value | |---|---| | Price | $115.76 | | Expense Ratio | 0.79% | | AUM (All Share Classes) | $1.11B | | NAV | $115.76 | | Holdings Count | — | | Distribution Yield (TTM) | 7.55% | | Annual Distribution (TTM) | $8.74 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $95.28 – $117.21 | | Beta | 1.05 | ## Latest Distribution - Amount: $0.1308 /share - Ex-date: 2026-10-05 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does SPIIX invest in? This fund's primary objective is to replicate the comprehensive stock price appreciation and dividend income generated by the companies included in the S&P 500 Index. To achieve this, it allocates a substantial portion of its capital, specifically at least 80%, to the constituent securities of the S&P 500 Index. This benchmark is made up of approximately 500 leading publicly traded U.S. corporations, predominantly common stocks, representing a diverse array of industries. The fund management expects its investment performance to closely match the S&P 500 Index's overall price and dividend returns, before considering the fund's own operating fees and expenses. Moreover, the fund generally allocates holdings to individual stocks with weights that are proportional to their representation within the S&P 500 Index. ### What is the expense ratio of SPIIX? SEI Index Fd, S&P 500 Index Fund Class I (SPIIX) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SPIIX? SEI Index Fd, S&P 500 Index Fund Class I (SPIIX) is one share class of a fund that manages $1.11B across all of its share classes (SSPIX reports 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 SPIIX actively managed or an index fund? SPIIX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPIIX's is 0.79%) because there's no security selection cost. ### When was SPIIX launched? SEI Index Fd, S&P 500 Index Fund Class I (SPIIX) launched in June 2002 and is managed by SEI. ### How has SPIIX performed? SPIIX'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 SPIIX pay a dividend? SEI Index Fd, S&P 500 Index Fund Class I (SPIIX) currently distributes little or no income. Trailing-twelve-month yield is 7.55%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SPIIX pay dividends? SEI Index Fd, S&P 500 Index 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 SPIIX's dividend yield? SPIIX's trailing-twelve-month yield is 7.55%, calculated from the sum of dividends over the past year divided by the current price. ### When is SPIIX's next ex-dividend date? The most recently announced ex-dividend date for SPIIX 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 SPIIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.79% 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 SPIIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPIIX'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 SPIIX cost more than a fund like VOO? SPIIX is a passive index fund (current expense ratio 0.79%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SPIIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SPIIX (0.79%) 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/spiix - Distribution history: https://www.dividenddata.com/funds/spiix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spiix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spiix/expenses - Peer comparison: https://www.dividenddata.com/funds/spiix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.