Frequently Asked Questions About TMMAX

What does TMMAX invest in?

This investment strategy aims to maximize net returns after taxes, while maintaining a more stable performance profile than what is typically observed in the broader U.S. stock markets. Its primary focus is on allocating capital to a wide range of American businesses, regardless of their market capitalization. The fund's holdings may encompass various equity-linked instruments, such as common and preferred shares, warrants, and exchange-traded funds (ETFs). Additionally, a smaller portion of the portfolio may be directed towards American Depositary Receipts (ADRs), Real Estate Investment Trusts (REITs), and securities issued by companies outside of the United States.

What is the expense ratio of TMMAX?

SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F (TMMAX) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TMMAX?

SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F (TMMAX) is one share class of a fund that manages $559.5M across all of its share classes (STVYX 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 TMMAX actively managed or an index fund?

TMMAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TMMAX's is 1.14%) in exchange for the discretion to over- or under-weight positions.

When was TMMAX launched?

SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F (TMMAX) launched in December 2007 and is managed by SEI.

How has TMMAX performed?

TMMAX'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.

TMMAX

SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F

NASDAQ·Asset Management · Financial Services

$16.71$0.11−0.65%

Market closed·Oct 28 4:00 PM EDT

Price Chart

$16.71−$0.11 (−0.65%)today

−19.86%past 5 yearsCAGR −4.33%

Select date range

FromTo

Dec 21, 2007Oct 29, 2021 → Oct 28, 2026· 5.0 yrsOct 28, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.17

Distribution Yield (FWD)1.03%

Annual Distribution (TTM)$3.82

Distribution Yield (TTM)22.86%

Distribution Growth (5Y)+5.3%

FrequencyQuarterly

Most Recent$0.04

Ex-Dividend DateOct 5

Payment DateOct 6

DiversificationDiversification Tab

Holdings199

Top 10 Weight19.9%

Top 25 Weight38.4%

Effective Holdings101

Sectors—

Largest Holding17275R102 · 3.3%

Largest Sector—

Asset ClassEquity

StrategyActively Managed

Cost & RiskExpenses Tab

Expense Ratio1.14%

Cost per 10k Invested$114

AUM (All Share Classes)$559.49M

Avg Daily Volume—

Price$16.71

NAV$16.71

Premium / Discount+0.00%

52-Week Range$15.01 – $18.82

Beta0.46

Fund Overview

Cost Verdict

Is TMMAX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: SEI
Asset Class: Equity
Strategy: Actively Managed
Inception: December 21, 2007
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US7839252662
CUSIP: 783925266
Website: holdings.seic.com/holdings/

Peers

Peers Tab

STVYX

Tax Managed Volatility Fund Class Y

Cap

$562.8M

STMPX

SEI Tax-Managed Small/Mid Cap Y(SIMT)

Cap

$712.6M

SVOAX

SEI Institutional Managed Trust - U.S. Managed Volatility Fund

Cap

$463.0M

Latest News

News Tab

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Frequently Asked Questions About TMMAX

What does TMMAX invest in?: This investment strategy aims to maximize net returns after taxes, while maintaining a more stable performance profile than what is typically observed in the broader U.S. stock markets. Its primary focus is on allocating capital to a wide range of American businesses, regardless of their market capitalization. The fund's holdings may encompass various equity-linked instruments, such as common and preferred shares, warrants, and exchange-traded funds (ETFs). Additionally, a smaller portion of the portfolio may be directed towards American Depositary Receipts (ADRs), Real Estate Investment Trusts (REITs), and securities issued by companies outside of the United States.
What is the expense ratio of TMMAX?: SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F (TMMAX) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.
How big is TMMAX?: SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F (TMMAX) is one share class of a fund that manages $559.5M across all of its share classes (STVYX 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 TMMAX actively managed or an index fund?: TMMAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TMMAX's is 1.14%) in exchange for the discretion to over- or under-weight positions.
When was TMMAX launched?: SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F (TMMAX) launched in December 2007 and is managed by SEI.
How has TMMAX performed?: TMMAX'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.