SEI Institutional Managed Trust Tax-Managed Volatility Fund Class F
TMMAX
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
FRC
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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
- 2 Oliver St Boston MA United States of America 02109
- IPO Date
- Dec 21, 2007
- CIK
- 0000804239
- Website
- holdings.seic.com
- Similar Companies
- Business
- SEI Institutional Managed Trust–Tax-Managed Managed Volatility Fund (Class F) (TMMAX) is an open-end mutual fund that seeks to maximize after-tax returns for investors with a lower level of volatility than the broad U.S. equity markets. The Fund, launched on December 20, 2007, invests primarily in securities of U.S. companies across all capitalization ranges, including common stocks, preferred stocks, warrants, and exchange-traded funds (ETFs); to a lesser extent, it may hold American Depositary Receipts (ADRs), real estate investment trusts (REITs), and securities of non-U.S. companies. It employs a multi-manager approach under the supervision of SEI Investments Management Corporation (SIMC), with assets allocated to sub-advisers such as Allspring Global Investments, LLC; LSV Asset Management; and Parametric Portfolio Associates LLC, alongside direct management by SIMC, using an overlay manager to aggregate model portfolios for tax-efficient implementation, low beta exposure, and risk-adjusted weighting. The Fund is domiciled in the United States, available for sale primarily to U.S. investors through authorized financial intermediaries, with a minimum initial investment of $100,000 for Class F shares, and maintains total net assets of approximately $674 million. In recent developments, the Fund's management team expanded in 2024 with the addition of portfolio managers Eugene Barbaneagra, CFA; John Csaszar, CFA; David L. Hintz, CFA; and Jennifer Mihara to SIMC, alongside ongoing sub-adviser contributions, while its summary prospectus was updated as of January 31, 2025, reflecting restated total annual operating expenses of 1.13% (management fees of 0.55% plus other expenses of 0.58%) and a portfolio turnover rate of 24% for the most recent fiscal year. The Fund's portfolio remains heavily weighted toward U.S. equities (96%), with key sectors including technology (22.82%), healthcare (16.48%), and consumer defensive (13.41%), and top holdings such as Cisco Systems Inc., Microsoft Corp., and Johnson & Johnson comprising 10.24% of assets.