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

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) is up 2.3% since the beginning of the year. SEATX is currently trading at $9 per share. Investors who bought $1,000 worth of SEATX shares 5 years ago would now be looking at an investment worth $1,020.

SEI Tax Exempt Trust Tax-Advantaged Income Fund (SEATX) has returned 2.33% so far this year and 5.51% over the past 12 months. Over the last ten years, SEATX has returned 2.72% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% 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 +0.37%. At this rate, an investment would double in approximately 15.6 years.

Historically, 67% of months were positive and 33% 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 3.54%, beta of 0.08, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since January 02, 2008.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (24.91%) than losses (23.43%) - 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 48 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

SEI Tax Exempt Trust Tax-Advantaged Income Fund provided a 4.68% dividend yield over the last twelve months, with an annual payout of $0.42 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 chart below shows the rolling one-month volatility.