SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX)
The fund invests primarily in a diversified portfolio of investment grade and junk bonds, including: (i) securities issued or guaranteed by the U.S. government and its agencies and instrumentalities and obligations of U.S. and foreign commercial banks; (ii) obligations of foreign governments; (iii) U.S. and foreign corporate debt securities, including commercial paper, and fully-collateralized repurchase agreements with counterparties deemed credit-worthy by the fund's Sub-Advisers; and (iv) securitized issues.
Fund Info
| ISIN | US7839807176 |
|---|---|
| Issuer | SEI |
| Inception Date | Dec 13, 2006 |
| Category | Ultrashort Bond |
| Min. Investment | $100,000 |
| Asset Class | Bond |
Expense Ratio
The SEI Institutional Investments Trust Opportunistic Income Fund has a high expense ratio of 0.23%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: ENIAX vs. JPST, ENIAX vs. FLTR
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SEI Institutional Investments Trust Opportunistic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SEI Institutional Investments Trust Opportunistic Income Fund had a return of 2.81% year-to-date (YTD) and 9.38% in the last 12 months. Over the past 10 years, SEI Institutional Investments Trust Opportunistic Income Fund had an annualized return of 3.53%, while the S&P 500 had an annualized return of 10.46%, indicating that SEI Institutional Investments Trust Opportunistic Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.81% | 5.84% |
| 1 month | 0.51% | -2.98% |
| 6 months | 5.33% | 22.02% |
| 1 year | 9.38% | 24.47% |
| 5 years (annualized) | 4.08% | 11.44% |
| 10 years (annualized) | 3.53% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.89% | 0.75% | 0.75% | |||||||||
| 2023 | 0.38% | 0.36% | 1.15% | 1.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
SEI Institutional Investments Trust Opportunistic Income Fund(ENIAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SEI Institutional Investments Trust Opportunistic Income Fund granted a 7.04% dividend yield in the last twelve months. The annual payout for that period amounted to $0.56 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.56 | $0.31 | $0.22 | $0.33 | $0.35 | $0.32 | $0.25 | $0.22 | $0.20 | $0.21 | $0.14 |
Dividend yield | 7.04% | 7.09% | 4.07% | 2.66% | 4.05% | 4.32% | 3.96% | 3.02% | 2.75% | 2.54% | 2.56% | 1.69% |
Monthly Dividends
The table displays the monthly dividend distributions for SEI Institutional Investments Trust Opportunistic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.08 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.04 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.11 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.06 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 |
| 2014 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.06 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SEI Institutional Investments Trust Opportunistic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SEI Institutional Investments Trust Opportunistic Income Fund was 30.62%, occurring on Dec 16, 2008. Recovery took 2020 trading sessions.
The current SEI Institutional Investments Trust Opportunistic Income Fund drawdown is 1.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.62% | Oct 12, 2007 | 298 | Dec 16, 2008 | 2020 | Dec 27, 2016 | 2318 |
| -13.45% | Feb 26, 2020 | 21 | Mar 25, 2020 | 100 | Aug 17, 2020 | 121 |
| -3.52% | Jan 24, 2022 | 113 | Jul 6, 2022 | 135 | Jan 18, 2023 | 248 |
| -1.73% | Apr 5, 2024 | 1 | Apr 5, 2024 | — | — | — |
| -1.1% | Nov 15, 2018 | 27 | Dec 26, 2018 | 22 | Jan 29, 2019 | 49 |
Volatility
Volatility Chart
The current SEI Institutional Investments Trust Opportunistic Income Fund volatility is 2.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.