# SEI Institutional Managed Trust Tax-Managed Large Cap Fund Class F (TMLCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tmlcx 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: 1998-03-04 The Fund seeks high long-term after-tax returns. Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities of large companies. For purposes of this Fund, a large company is a company with a market capitalization in the range of companies in the Russell 1000 Index. ## Key Facts | Metric | Value | |---|---| | Price | $45.32 | | Expense Ratio | 0.91% | | Assets Under Management | $4.56B | | NAV | $45.32 | | Holdings Count | — | | Distribution Yield (TTM) | 1.42% | | Annual Distribution (TTM) | $0.64 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $38.70 – $45.99 | | Beta | 0.94 | ## Latest Distribution - Amount: $0.0396 /share - Ex-date: 2026-10-05 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does TMLCX invest in? The Fund seeks high long-term after-tax returns. Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities of large companies. For purposes of this Fund, a large company is a company with a market capitalization in the range of companies in the Russell 1000 Index. ### What is the expense ratio of TMLCX? SEI Institutional Managed Trust Tax-Managed Large Cap Fund Class F (TMLCX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TMLCX? SEI Institutional Managed Trust Tax-Managed Large Cap Fund Class F (TMLCX) manages $4.56B 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 TMLCX actively managed or an index fund? TMLCX 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 (TMLCX's is 0.91%) because there's no security selection cost. ### When was TMLCX launched? SEI Institutional Managed Trust Tax-Managed Large Cap Fund Class F (TMLCX) launched in March 1998 and is managed by SEI. ### How has TMLCX performed? TMLCX'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 TMLCX pay a dividend? SEI Institutional Managed Trust Tax-Managed Large Cap Fund Class F (TMLCX) currently distributes little or no income. Trailing-twelve-month yield is 1.42%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TMLCX pay dividends? SEI Institutional Managed Trust Tax-Managed Large Cap Fund Class F pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TMLCX's dividend yield? TMLCX's trailing-twelve-month yield is 1.42%, calculated from the sum of dividends over the past year divided by the current price. ### When is TMLCX's next ex-dividend date? The most recently announced ex-dividend date for TMLCX 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 TMLCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.91% 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 TMLCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TMLCX'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 TMLCX cost more than a fund like VOO? TMLCX is a passive index fund (current expense ratio 0.91%). 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 TMLCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TMLCX (0.91%) 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/tmlcx - Distribution history: https://www.dividenddata.com/funds/tmlcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tmlcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tmlcx/expenses - Peer comparison: https://www.dividenddata.com/funds/tmlcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.