SEI Tax-Exempt Trust Pennsylvania Municipal Bond Fund Class Y (SPAYX)
| Fund Assets | 137.05M |
| Expense Ratio | 0.59% |
| Min. Investment | $100,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.30% |
| Dividend Growth | 11.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.67 |
| YTD Return | 1.45% |
| 1-Year Return | 6.07% |
| 5-Year Return | 3.49% |
| 52-Week Low | 9.81 |
| 52-Week High | 10.67 |
| Beta (5Y) | n/a |
| Holdings | 111 |
| Inception Date | Oct 30, 2015 |
About SPAYX
SEI Tax-Exempt Trust Pennsylvania Municipal Bond Fund Class Y is a tax-exempt municipal bond mutual fund focused on generating current income free from federal and Pennsylvania state income taxes while emphasizing capital preservation. The fund primarily invests at least 80% of assets in investment-grade Pennsylvania municipal securities, including general obligation and revenue bonds, notes, and short-term paper that finance public projects such as infrastructure, education, and essential services across the state. Its mandate aligns with the Pennsylvania municipal category, which targets issuers within the state to deliver double tax-exempt income for residents. Managed within SEI’s multi-manager framework, the strategy balances credit quality and duration to navigate interest-rate and credit cycles typical of the municipal market. The fund’s role in the market is to provide a dedicated Pennsylvania tax-advantaged income solution, offering diversified exposure to the state’s municipal credit base relative to broad municipal benchmarks and peer funds. By concentrating on investment-grade issuers and adhering to tax-exempt objectives, it serves investors seeking steady, tax-efficient income tied to Pennsylvania’s fiscal ecosystem.
Performance
SPAYX had a total return of 6.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.08%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SEPAX | - Class F, Effective 1-31-2017 (formerly Class A) | 0.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0225 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0219 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0206 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0216 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0206 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0204 | Aug 29, 2025 |