SUMAX : SEI Tax Exempt Trust Short Duration Municipal Fund Class F

SUMAX is a Bond Market Municipal Bond with MODERATE fees.

SUMAX

SEI Tax Exempt Trust Short Duration Municipal Fund Class F

FI Score

62 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

7 /10

Category Score

8 /10

Market Size

7 /10

62% FI Score
  • sumax
  • Mutual Fund
  • Bond
  • Municipal Bond

SEI Tax Exempt Trust Short Duration Municipal Fund Class F

Expenses: 0.63% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks a high level of income exempt from federal income tax consistent with the preservation of capital. The fund will invest, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade municipal securities that pay interest that is exempt from federal income tax, including, but not limited to, municipal bonds, notes, variable rate demand notes and commercial paper.

Largest Holdings

Amount Holding
1.49% BURKE CNTY GA DEV AUTH POLLUTN CTL REV 2.5%
1.32% SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 1.51%
1.24% ILLINOIS ST 5%
1.21% NEW JERSEY ECONOMIC DEV AUTH REV 5%
1.15% WESLACO TEX HSG OPPORTUNITIES CORP MULTIFAMILY HSG REV 1.42%
1.15% VALDOSTA GA HSG AUTH MULTIFAMILY REV 2.25%
1.05% PENNSYLVANIA ST HIGHER EDL FACS AUTH REV 5%
1.00% BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 1.56%
0.97% NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 1.1%
0.94% J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.39%
0.91% SOUTH CAROLINA TRANSN INFRASTRUCTURE BK REV 0.7%
0.89% WISCONSIN ST 4%
0.86% LOWER ALA GAS DIST GAS PROJ REV 4%
0.78% GRANT CNTY WASH PUB UTIL DIST NO 002 ELEC REV 2%
0.77% FLORIDA HSG FIN CORP MULTIFAMILY REV 1.45%
0.77% CENTRAL PUGET SOUND WASH REGL TRAN AUTH SALES & USE TAX REV 0.44%
0.76% FORT BEND TEX INDPT SCH DIST 1.35%
0.75% MISSISSIPPI BUSINESS FIN CORP GULF OPPORTUNITY ZONE REV 1.5%
0.71% HOUSTON TEX INDPT SCH DIST 1.45%
0.71% SAN ANTONIO TEX ELEC & GAS REV 1.75%
0.69% NEW CANEY TEX INDPT SCH DIST 3%
0.68% NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 2.35%
0.65% NEW JERSEY ST HSG & MTG FIN AGY MULTIFAMILY CONDUIT REV 2.02%
0.63% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.63% OHIO HSG FIN AGY MULTIFAMILY HSG REV 2.45%

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