SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX)

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The chart shows the growth of an initial investment of $10,000 in SEI Tax Exempt Trust Tax-Advantaged 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.

SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) has returned -0.47% so far this year and 1.38% over the past 12 months. Over the last ten years, SEATX has returned 2.77% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2008, SEATX's average daily return is +0.02%, while the average monthly return is +0.36%. At this rate, your investment would double in approximately 16.1 years.

Historically, 66% of months were positive and 34% were negative. The best month was May 2009 with a return of +8.8%, while the worst month was Sep 2008 at -10.6%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SEATX closed higher 39% of trading days. The best single day was Mar 25, 2020 with a return of +5.3%, while the worst single day was Oct 10, 2008 at -3.6%.

SEI Tax Exempt Trust Tax-Advantaged Income Fund has an annualized alpha of 3.49%, beta of 0.08, and R² of 0.09 versus S&P 500 Index. Calculated based on daily prices since January 03, 2008.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (25.42%) than losses (23.83%) — typical of diversified or defensive assets.
• Beta of 0.08 may look defensive, but with R² of 0.09 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.09 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SEATX has an expense ratio of 0.86%, placing it in the medium range.

SEATX ranks 13 for risk / return — in the bottom 13% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) and compare them to a chosen benchmark (S&P 500 Index).

SEI Tax Exempt Trust Tax-Advantaged Income Fund provided a 4.17% dividend yield over the last twelve months, with an annual payout of $0.37 per share.

The table displays the monthly dividend distributions for SEI Tax Exempt Trust Tax-Advantaged Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the SEI Tax Exempt Trust Tax-Advantaged 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 Tax Exempt Trust Tax-Advantaged Income Fund was 28.46%, occurring on Mar 9, 2009. Recovery took 130 trading sessions.

The current SEI Tax Exempt Trust Tax-Advantaged Income Fund drawdown is 2.62%.

The chart below shows the rolling one-month volatility.