SEI New York Municipal Bond Y (STET) (SNYYX)
| Fund Assets | 109.58M |
| Expense Ratio | 0.57% |
| Min. Investment | $100,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.28% |
| Dividend Growth | 15.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.19 |
| YTD Return | 1.08% |
| 1-Year Return | 0.61% |
| 5-Year Return | 0.72% |
| 52-Week Low | 9.85 |
| 52-Week High | 10.35 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| Inception Date | Oct 30, 2015 |
About SNYYX
STET New York Municipal Bond Fund is a mutual fund that specializes in investing in municipal bonds issued by various entities within the state of New York. Its primary function is to provide investors with a source of tax-advantaged income, as interest payments from these bonds are generally exempt from federal and New York state income taxes. The fund predominantly allocates assets to bonds supporting public projects such as infrastructure, education, and transportation initiatives across the state. Operating as an actively managed fund, it seeks to maintain a diversified portfolio of investment-grade municipal securities, emphasizing both income generation and preservation of capital. With a significant portion of its holdings in New York municipal obligations, the fund plays a notable role for investors seeking exposure to the region's municipal debt market while aiming for tax efficiency and moderate risk. The fund’s structure and focus support financing key public services in New York, contributing to the development and operation of essential local government functions.
Performance
SNYYX had a total return of 0.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.30%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SENYX | - Class F, Effective 1-31-2017 (formerly Class A) | 0.82% |
Top 10 Holdings
27.18% of assets| Name | Symbol | Weight |
|---|---|---|
| TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5% | NY.TRBTRN 5 02.01.2028 | 4.19% |
| PORT AUTH N Y & N J 5% | NY.PORTRN 5 11.01.2030 | 3.97% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5% | NY.TRBGEN 5 12.01.2037 | 2.99% |
| SEI Daily Income Trust - Government Fund | SEOXX | 2.91% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% | NY.NYSHGR 5 10.01.2029 | 2.38% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5% | NY.NYCFAC 5 07.15.2032 | 2.36% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY.NYCGEN 5 05.01.2037 | 2.25% |
| SUFFOLK TOB ASSET SECURITIZATION CORP N Y TOB SETTLEMENT ASSET-BKD 4% | NY.SFKSEC 4 06.01.2035 | 2.08% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% | NY.NYSHGR 5 08.01.2035 | 2.04% |
| NEW YORK ENERGY FIN DEV CORP ENERGY SUPPLY REV 5% | NY.NYEFAC 07.01.2056 | 2.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0215 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0181 | Jun 30, 2025 |
| May 30, 2025 | $0.0213 | May 30, 2025 |
| Apr 30, 2025 | $0.0195 | Apr 30, 2025 |
| Mar 31, 2025 | $0.020 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0192 | Feb 28, 2025 |