SEI Institutional Managed Trust S&P 500 Index Fund Class F

Frequently Asked Questions About SSPIX

What does SSPIX invest in?

This fund dedicates at least 80% of its assets to investments held within the S&P 500 Index. This index serves as a benchmark, representing approximately 500 leading publicly traded U.S. companies across diverse industries, primarily through their common stocks. The fund's objective is for its investment outcomes to mirror the collective price appreciation and dividend generation of the S&P 500 Index, before any fund-specific fees and expenses are applied. Generally, the fund assigns a proportional weighting to each individual stock that corresponds directly to its weighting within the S&P 500 Index.

What is the expense ratio of SSPIX?

SEI Institutional Managed Trust S&P 500 Index Fund Class F (SSPIX) charges an expense ratio of 0.54%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SSPIX?

SEI Institutional Managed Trust S&P 500 Index Fund Class F (SSPIX) manages $1.10B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SSPIX actively managed or an index fund?

SSPIX 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 (SSPIX's is 0.54%) because there's no security selection cost.

When was SSPIX launched?

SEI Institutional Managed Trust S&P 500 Index Fund Class F (SSPIX) launched in February 1996 and is managed by SEI.

How has SSPIX performed?

SSPIX'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.