SEI Tax-Exempt Trust New Jersey Municipal Bond Fund Class Y (SNJYX)
| Fund Assets | 92.30M |
| Expense Ratio | 0.56% |
| Min. Investment | $100,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.32% |
| Dividend Growth | 7.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.25 |
| YTD Return | 1.50% |
| 1-Year Return | 5.93% |
| 5-Year Return | 4.90% |
| 52-Week Low | 9.42 |
| 52-Week High | 10.25 |
| Beta (5Y) | n/a |
| Holdings | 82 |
| Inception Date | Oct 30, 2015 |
About SNJYX
SEI New Jersey Municipal Bond Fund Y is an actively managed municipal bond mutual fund focused on generating federally tax‑exempt income by investing primarily in debt issued by New Jersey state and local entities. Under normal conditions, the strategy commits at least 80% of net assets to municipal securities whose interest is exempt from federal income tax, with an emphasis on revenue and general obligation bonds tied to public finance projects such as transportation, education, utilities, and healthcare infrastructure. The fund holds a diversified basket of New Jersey municipal issuers, seeking to balance income with credit quality and interest‑rate risk management across maturities. It is designed for investors looking to align fixed‑income exposure with New Jersey municipal markets, potentially benefiting those in higher federal tax brackets given the fund’s tax‑exempt mandate. Portfolio construction and risk controls reflect ongoing assessment of issuer fundamentals and yield curve positioning within the state’s municipal landscape, supported by SEI’s manager‑of‑managers approach to security selection and diversification. Morningstar coverage provides additional context on yield characteristics and comparative positioning within the municipal national short/intermediate peer set.
Performance
SNJYX had a total return of 5.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SENJX | - Class F, Effective 1-31-2017 (formerly Class A) | 0.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0214 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0206 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0193 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0203 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0198 | Sep 30, 2025 |
| Aug 29, 2025 | $0.020 | Aug 29, 2025 |