SEI Inst Mgd High Yield Bond Fund;Y
SIYYX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- SEI Institutional Managed Trust High Yield Bond Fund Class Y (SIYYX) is an open-end mutual fund that seeks total return by investing primarily in high yield fixed income securities. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in below-investment-grade securities, commonly known as junk bonds; these include corporate bonds and debentures, convertible and preferred securities, zero-coupon obligations, and tranches of collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs). Its portfolio typically features significant allocations to corporate bonds (around 76-79%), bank loans (about 8-10%), asset-backed securities (7-8%), cash equivalents (3-4%), and smaller positions in preferred stock and other fixed income instruments, with primarily U.S. bond exposure supplemented by non-U.S. bonds. Operated within the high yield bond segment of the fixed income market, SIYYX targets institutional investors with a minimum initial investment of $100,000 and maintains a net expense ratio of 0.74%, daily pricing, and no front-end or deferred loads. The fund, domiciled in the United States and available for sale there, manages total net assets of approximately $1.13 billion, with the Class Y share class comprising about $173 million. It forms part of the SEI Institutional Managed Trust, advised and managed by SEI Investments Management Corporation, with sub-advisory services provided by experienced fixed income managers. Launched on December 31, 2014, the fund operates from SEI's headquarters in Oaks, Pennsylvania, without specified international geographic operations beyond its non-U.S. bond holdings. Recent updates include the issuance of an updated summary prospectus and statement of additional information on December 11, 2024, reflecting ongoing regulatory compliance and portfolio disclosures amid stable operations and no reported major acquisitions, partnerships, funding rounds, or strategic shifts in the last 1-2 years. Portfolio turnover stands at around 63%, with total holdings exceeding 1,200 securities, supporting its diversified high yield strategy.