SEI Tax Exempt Trust Short Duration Municipal Fund Class F (SUMAX)
| Fund Assets | 724.36M |
| Expense Ratio | 0.82% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.72% |
| Dividend Growth | 6.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.02 |
| YTD Return | 1.13% |
| 1-Year Return | 2.85% |
| 5-Year Return | 9.07% |
| 52-Week Low | 9.99 |
| 52-Week High | 10.09 |
| Beta (5Y) | 0.06 |
| Holdings | 490 |
| 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 2.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWSUX | Vanguard | Vanguard Ultra Short-Term Tx-Ex Adm | 0.09% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SHYMX | - Class Y | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0229 | Jun 30, 2026 |
| May 29, 2026 | $0.0234 | May 29, 2026 |
| Apr 30, 2026 | $0.023 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0191 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0208 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0234 | Jan 30, 2026 |