SEI Institutional Managed Trust Multi-Strategy Alternative Fund Class F (SMSAX)
| Fund Assets | 241.23M |
| Expense Ratio | 2.93% |
| Min. Investment | $100,000 |
| Turnover | 277.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.94% |
| Dividend Growth | -3.42% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 10.25 |
| YTD Return | 2.81% |
| 1-Year Return | 14.95% |
| 5-Year Return | 23.28% |
| 52-Week Low | 9.04 |
| 52-Week High | 10.50 |
| Beta (5Y) | 0.20 |
| Holdings | 435 |
| Inception Date | Mar 31, 2010 |
About SMSAX
SEI Institutional Managed Trust Multi-Strategy Alternative Fund is a sophisticated investment vehicle designed to generate positive returns across different market environments while maintaining low correlation to traditional stock and bond markets. The fund achieves its objectives by allocating assets across a diversified array of alternative strategies and asset classes, including equities, fixed income, commodities, currencies, and derivatives, through both internal and external sub-advisers. This multi-manager approach allows for dynamic adaptation to evolving market conditions, aiming to reduce overall portfolio risk and volatility. As a multistrategy fund, it serves as a valuable component for investors seeking to enhance the diversification and risk-adjusted performance of their broader investment programs. The fund’s structure enables exposure to a wide range of global markets and alternative investments, reflecting a commitment to broad-based asset allocation and risk management. With a focus on absolute returns and lower market sensitivity, SEI Institutional Managed Trust Multi-Strategy Alternative Fund is particularly notable for its role in providing investors with a multifaceted alternative investment solution within a single vehicle.
Performance
SMSAX had a total return of 14.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.93%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SMUYX | Class Y | 2.68% |
Top 10 Holdings
51.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 18.34% |
| The Merger Fund Class I | MERIX | 18.23% |
| SEI Daily Income Trust - Government Fund | SEOXX | 6.52% |
| iHeartCommunications Inc 7.75% | IHRT.7.75 08.15.30 144A | 1.40% |
| Australian Dollar | n/a | 1.23% |
| Aethon United Br Lp / Aethon United Finance Corporation 7.5% | AETUNI.7.5 10.01.29 144A | 1.09% |
| Elastic N.V. | ESTC | 1.07% |
| Level 3 Financing, Inc. 8.5% | LVLT.8.5 01.15.36 144A | 1.05% |
| Unity Software Inc. | U | 1.05% |
| RH | RH | 1.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.506 | Dec 30, 2025 |
| Dec 27, 2024 | $0.5239 | Dec 30, 2024 |
| Dec 27, 2023 | $0.4076 | Dec 28, 2023 |
| Dec 28, 2022 | $0.1945 | Dec 29, 2022 |
| Dec 29, 2021 | $0.1273 | Dec 30, 2021 |
| Dec 15, 2021 | $0.6188 | Dec 16, 2021 |