SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX)
The fund will invest, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade municipal securities that pay interest that is exempt from federal income tax, including, but not limited to, municipal bonds, notes and commercial paper.
Fund Info
US7841184085
784118408
Sep 4, 1989
$100,000
Expense Ratio
SEIMX features an expense ratio of 0.63%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SEI Tax Exempt Trust Intermediate-Term Municipal 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 Tax Exempt Trust Intermediate-Term Municipal Fund had a return of 0.61% year-to-date (YTD) and 2.70% in the last 12 months. Over the past 10 years, SEI Tax Exempt Trust Intermediate-Term Municipal Fund had an annualized return of 1.91%, while the S&P 500 had an annualized return of 11.31%, indicating that SEI Tax Exempt Trust Intermediate-Term Municipal Fund did not perform as well as the benchmark.
SEIMX
0.61%
0.97%
0.54%
2.70%
0.60%
1.91%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of SEIMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.52% | 0.61% | |||||||||||
| 2024 | -0.03% | 0.13% | 0.06% | -0.85% | -0.21% | 1.43% | 0.77% | 0.69% | 0.86% | -1.27% | 1.32% | -1.10% | 1.77% |
| 2023 | 2.60% | -1.97% | 1.68% | -0.05% | -0.69% | 0.68% | 0.13% | -0.87% | -2.18% | -0.98% | 5.03% | 2.25% | 5.52% |
| 2022 | -2.55% | -0.62% | -2.82% | -2.53% | 1.19% | -1.42% | 2.38% | -1.84% | -3.44% | -0.73% | 3.84% | 0.14% | -8.33% |
| 2021 | 0.75% | -1.38% | 0.44% | 0.92% | 0.42% | 0.33% | 0.66% | -0.23% | -0.81% | -0.24% | 0.75% | -0.23% | 1.35% |
| 2020 | 1.78% | 1.25% | -4.61% | -1.44% | 3.07% | 1.38% | 1.54% | -0.04% | 0.00% | -0.13% | 1.35% | 0.68% | 4.72% |
| 2019 | 0.92% | 0.54% | 1.32% | 0.29% | 1.40% | 0.36% | 0.87% | 1.37% | -0.81% | 0.11% | 0.10% | 0.11% | 6.76% |
| 2018 | -0.99% | -0.42% | 0.21% | -0.23% | 1.01% | 0.12% | 0.21% | 0.13% | -0.66% | -0.66% | 0.92% | 1.00% | 0.63% |
| 2017 | 0.48% | 0.64% | 0.30% | 0.73% | 1.50% | -0.40% | 0.63% | 0.80% | -0.48% | 0.12% | -0.66% | 0.90% | 4.63% |
| 2016 | 1.32% | -0.06% | 0.29% | 0.62% | 0.03% | 1.46% | 0.03% | 0.12% | -0.47% | -0.90% | -3.71% | 1.09% | -0.27% |
| 2015 | 1.66% | -1.15% | 0.21% | -0.39% | -0.39% | -0.13% | 0.65% | 0.31% | 0.65% | 0.39% | 0.29% | 0.64% | 2.75% |
| 2014 | 1.57% | 1.00% | -0.29% | 1.10% | 1.10% | -0.13% | 0.30% | 0.89% | -0.05% | 0.55% | 0.12% | 0.30% | 6.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SEIMX is 46, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SEI Tax Exempt Trust Intermediate-Term Municipal Fund provided a 2.84% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.31 | $0.29 | $0.26 | $0.25 | $0.28 | $0.28 | $0.29 | $0.29 | $0.28 | $0.30 | $0.30 |
Dividend yield | 2.84% | 2.84% | 2.59% | 2.39% | 2.09% | 2.25% | 2.33% | 2.52% | 2.44% | 2.48% | 2.53% | 2.57% |
Monthly Dividends
The table displays the monthly dividend distributions for SEI Tax Exempt Trust Intermediate-Term Municipal 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2019 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.29 |
| 2017 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2016 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2015 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.30 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.30 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the SEI Tax Exempt Trust Intermediate-Term Municipal 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 Intermediate-Term Municipal Fund was 12.94%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current SEI Tax Exempt Trust Intermediate-Term Municipal Fund drawdown is 1.79%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.94% | Aug 6, 2021 | 308 | Oct 25, 2022 | — | — | — |
| -11.72% | Mar 10, 2020 | 9 | Mar 20, 2020 | 97 | Aug 7, 2020 | 106 |
| -7.72% | Sep 12, 2008 | 25 | Oct 16, 2008 | 61 | Jan 14, 2009 | 86 |
| -6.55% | Feb 1, 1994 | 45 | Apr 4, 1994 | 246 | Mar 14, 1995 | 291 |
| -5.62% | May 3, 2013 | 87 | Sep 5, 2013 | 163 | Apr 30, 2014 | 250 |
Volatility
Volatility Chart
The current SEI Tax Exempt Trust Intermediate-Term Municipal Fund volatility is 0.79%, 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.