SEI Tax Exempt Trust Short Duration Municipal Fund Class F (SUMAX)
| Fund Assets | 1.00B |
| Expense Ratio | 0.81% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.55% |
| Dividend Growth | 8.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 10.02 |
| YTD Return | 1.73% |
| 1-Year Return | 3.44% |
| 5-Year Return | 6.16% |
| 52-Week Low | 9.86 |
| 52-Week High | 10.02 |
| Beta (5Y) | 0.06 |
| Holdings | 523 |
| Inception Date | Nov 13, 2003 |
About SUMAX
SUMAX was founded on 2003-11-13. The Fund's investment strategy focuses on Short Muni Debt with 0.63% total expense ratio. The minimum amount to invest in SEI Tax Exempt Trust: Short Duration Municipal Fund; Class F Shares is $100,000 on a standard taxable account. SEI Tax Exempt Trust: Short Duration Municipal Fund; Class F Shares seeks a high level of income exempt from federal income tax consistent with the preservation of capital. The fund invests at least 80% of its assets in investment grade municipal securities that generate income exempt from Federal income tax, and will strive to maintain a portfolio duration of 5 years or less.
Performance
SUMAX had a total return of 3.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.45%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SHYMX | - Class Y | 0.56% |
Top 10 Holdings
12.08% of assets| Name | Symbol | Weight |
|---|---|---|
| INDIANA ST FIN AUTH ENVIRONMENTAL REV 3.45% | IN.INSENV 3.45 07.01.2025 | 1.82% |
| ROCKPORT IND POLLUTION CTL REV 3.05% | IN.ROCPOL 3.05 06.01.2025 | 1.34% |
| WEST VIRGINIA ECONOMIC DEV AUTH SOLID WASTE DISP FACS REV 3.75% | WV.WVSDEV 12.01.2042 | 1.28% |
| LOWER ALA GAS DIST GAS PROJ REV 4% | AL.LWRUTL 12.01.2050 | 1.27% |
| MISSOURI ST ENVIRONMENTAL IMPT & ENERGY RES AUTH ENV IMPT REV 3.5% | MO.MOSENV 05.01.2038 | 1.23% |
| TULSA OKLA 0.05% | OK.TUL 0.05 01.01.2026 | 1.14% |
| DALLAS TEX HSG FIN CORP MULTIFAMILY HSG REV 3.3% | TX.DALMFH 01.01.2043 | 1.11% |
| TENNERGY CORP TENN GAS REV 5% | TN.TGYPWR 10.01.2054 | 1.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | AL.BBEUTL 4 12.01.2025 | 0.96% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 06.01.2055 | 0.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0225 | Jun 30, 2025 |
| May 30, 2025 | $0.022 | May 30, 2025 |
| Apr 30, 2025 | $0.0139 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0125 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0279 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0226 | Jan 31, 2025 |