About SENYX
SEI Tax Exempt Trust New York Municipal Bond Fund Class F is an open-end municipal bond mutual fund focused on generating current income that is exempt from federal, New York State, and New York City income taxes. According to its mandate, the fund normally invests at least 80% of net assets in investment‑grade New York municipal securities, including bonds, notes, and commercial paper, and it is managed as a non‑diversified portfolio within the Muni New York Intermediate category. It targets intermediate interest‑rate exposure typical of portfolios with durations around four to six years, aligning with the category’s maturity profile. The strategy distributes income monthly and has maintained a distribution stream consistent with its tax‑exempt objective. The fund’s role in the market is to provide state‑specific, tax‑advantaged income for investors seeking municipal credit exposure tied to New York’s public finance ecosystem—such as general obligation and revenue issuers funding infrastructure, education, transportation, and essential services—while offering an intermediate duration posture that balances income generation with interest‑rate sensitivity. Established in 1998, it operates under the SEI fund family and employs multiple managers to implement its mandate.
Fund Family SEI
Category Muni New York Intermediate
Stock Exchange NASDAQ
Ticker Symbol SENYX
Share Class - Class F, Effective 1-31-2017 (formerly Class A)
Index Bloomberg Municipal New York Int TR USD
SENYX had a total return of 0.89% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.88%.
