SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund
SIMYX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- BOSTON MA 02109 Boston MA United States of America 02109
- IPO Date
- Oct 17, 2016
- CIK
- 0000804239
- Website
- holdings.seic.com
- Similar Companies
- Business
- SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX) is an open-end mutual fund that seeks tax-sensitive long-term capital appreciation with lower volatility than the broad international equity markets. The Fund invests primarily in equity securities of non-U.S. companies, including common stocks, preferred stocks, and other equity-like instruments of issuers located in at least three countries outside the U.S., typically across developed and emerging markets with a focus on large-cap value stocks; it employs a multi-manager approach under the supervision of SEI Investments Management Corporation (SIMC), with assets allocated among multiple sub-advisers providing model portfolios implemented via an overlay manager for tax efficiency through controlled turnover, high-tax-cost sales prioritization, and loss harvesting, alongside direct management by SIMC of unallocated portions; the portfolio emphasizes lower-volatility securities weighted by expected risk and return irrespective of market cap or sector, resulting in holdings such as Novartis AG, Koninklijke Ahold Delhaize NV, Orange SA, Imperial Brands PLC, and Tesco PLC. The Fund, part of SEI Institutional Managed Trust, operates within the foreign large value category and targets institutional investors with a minimum initial investment of $100,000, offering daily pricing and no front-end or deferred loads but a net expense ratio of approximately 1.08%. SEI Investments Management Corporation, the adviser, is a subsidiary of SEI Investments Company, founded in 1968 and headquartered in Oaks, Pennsylvania, with global operations supporting $1.6 trillion in assets under management, administration, or advisement. Recent changes include portfolio management updates effective May 2024, with the addition of John Csaszar, CFA, David L. Hintz, CFA, and Eugene Barbaneagra, CFA as portfolio managers since inception for this Fund, alongside the departure of Dante D’Orazio; these adjustments align with broader portfolio manager realignments across SEI Institutional Managed Trust funds, enhancing oversight of the Fund's international managed volatility strategy amid ongoing market volatility.