Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
SEI California Municipal Bond F (STET) SBDAX
- NAV / 1-Day Return 10.35 / 0.00 %
- Total Assets 243.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.600%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Muni California Intermediate
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 1.75%
- Effective Duration 5.13 years
USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:28 PM GMT+0
Morningstar’s Analysis SBDAX
Will SBDAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 22.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CALIFORNIA ST 5% | 3.53 | 8.5 Mil | municipal |
CALIFORNIA ST 5% | 2.40 | 5.8 Mil | municipal |
LOS ANGELES CALIF UNI SCH DIST 5% | 2.40 | 5.7 Mil | municipal |
SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% | 2.28 | 5.5 Mil | municipal |
CALIFORNIA ST 5% | 2.21 | 5.3 Mil | municipal |
SEI Government Institutional (SDIT) | 2.15 | 5.2 Mil | Cash and Equivalents |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 2.12 | 5.1 Mil | municipal |
BURBANK GLENDALE PASADENA ARPT AUTH CALIF ARPT REV 5% | 1.94 | 4.7 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5% | 1.86 | 4.5 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 1.86 | 4.5 Mil | municipal |