About SUSAX
SEI Institutional Investments Trust Ultra Short Duration Bond Fund Class A is an open-end mutual fund focused on preserving capital and maintaining high liquidity while generating income from short-maturity, investment-grade debt. Under normal conditions, it invests at least 80% of assets in U.S. dollar–denominated, investment-grade fixed-income instruments, and it may employ derivatives such as futures, options, interest rate swaps, and credit default swaps to manage duration, credit exposure, and overall risk profile. The fund sits in the ultrashort bond category, targeting very low interest-rate sensitivity with durations typically under one year, a profile designed for modest volatility relative to broader bond markets. It distributes income monthly and maintains a broad, diversified portfolio with hundreds of holdings, seeking incremental yield over cash while emphasizing credit quality and liquidity management. With an inception dating to 2011 for this share class and an expense ratio positioned competitively for active ultrashort strategies, the fund serves as a cash-plus option for institutions and sophisticated investors seeking stability, daily liquidity, and operational flexibility in short-term fixed income markets.
Fund Family SEI
Category Ultrashort Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol SUSAX
Share Class - Class A
Index Bloomberg Short Treasury 9-12 Month TR
SUSAX had a total return of 5.27% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.34%.
