SEIMX Alternatives & Similar Mutual Funds

SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SEIMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SEIMX

SEIMX charges 0.63% annually. There are 246 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	—	Dec 2015	SEIMX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	—	May 2007	SEIMX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	—	Feb 2021	SEIMX vs FHMIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.05%	12.30B	Sep 1994	SEIMX vs VTMFX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	—	Jun 2021	SEIMX vs FSMUX

Best Risk-Adjusted Alternatives to SEIMX

SEIMX has a PortfoliosLab risk / return rank of 69. There are 378 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
DFABX	DFA Short-Term Selective State Municipal Bond Port...	100	—	Apr 2022	SEIMX vs DFABX
DFSMX	DFA Short Term Municipal Bond Portfolio	100	—	Aug 2002	SEIMX vs DFSMX
ATOIX	abrdn Ultra Short Municipal Income Fund	99	—	Dec 2002	SEIMX vs ATOIX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	—	Feb 2021	SEIMX vs FHMIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	—	Apr 2016	SEIMX vs TFCYX

Top Performing SEIMX Alternatives (YTD)

SEIMX is at 1.35% YTD. There are 323 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.06%.

Symbol	Name	YTD Return	AUM	Inception
NMI	Nuveen Municipal Income Fund, Inc.	11.06%	—	Apr 1998	SEIMX vs NMI
NRK	Nuveen New York AMT Free Quality Municipal Income	10.21%	—	Nov 2002	SEIMX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	8.32%	—	Oct 1992	SEIMX vs MIY
AFB	AllianceBernstein National Municipal Income Fund	6.66%	—	Nov 2001	SEIMX vs AFB
MUC	BlackRock MuniHoldings California Quality Fund	6.62%	—	Feb 1998	SEIMX vs MUC

Lowest Volatility Alternatives to SEIMX

SEIMX has 2.25% 1-year volatility. There are 136 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.55%	—	Aug 2002	SEIMX vs DFSMX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.56%	—	Apr 2022	SEIMX vs DFABX
DFCMX	DFA California Short Term Municipal Bond Portfolio	0.57%	—	Apr 2007	SEIMX vs DFCMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.58%	—	May 2016	SEIMX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.59%	—	May 2016	SEIMX vs USMTX

Lowest Drawdown Alternatives to SEIMX

SEIMX has a 1-year max drawdown of -2.82%. There are 255 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	—	May 2021	SEIMX vs BATVX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.10%	—	Feb 2021	SEIMX vs FHMIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	—	Apr 2016	SEIMX vs TFCYX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	—	Dec 2002	SEIMX vs ATOIX
DFSMX	DFA Short Term Municipal Bond Portfolio	-0.11%	—	Aug 2002	SEIMX vs DFSMX

Other Mutual Funds from SEI

The 10 most viewed SEI mutual funds shown here include ENIAX, STDAX, SGYAX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ENIAX	SEI Institutional Investments Trust Opportunistic ...	Ultrashort Bond	99	2.01%	—	Dec 2006	SEIMX vs ENIAX
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	Diversified Portfolio	99	1.67%	—	Nov 2003	SEIMX vs STDAX
SGYAX	SEI Institutional Investments Trust High Yield Bon...	High Yield Bonds	55	1.52%	—	Dec 2005	SEIMX vs SGYAX
SEATX	SEI Tax Exempt Trust Tax-Advantaged Income Fund	Intermediate Core-Plus Bond	64	2.56%	—	Sep 2007	SEIMX vs SEATX
SDLAX	SEI Institutional Investments Trust Dynamic Asset ...	Large Cap Blend Equities	51	10.04%	—	Jul 2010	SEIMX vs SDLAX
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	S&P 500	66	11.29%	—	Dec 2013	SEIMX vs SPINX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	Diversified Portfolio	72	2.66%	—	Nov 2003	SEIMX vs SICIX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Diversified	78	23.02%	—	Jan 1995	SEIMX vs SIEMX
SEITX	SEI Institutional International Trust Internationa...	Foreign Large Cap Equities	53	11.04%	—	Dec 1989	SEIMX vs SEITX
CAVAX	SEI Catholic Values Trust Catholic Values Equity F...	Large Cap Blend Equities	42	9.50%	—	Apr 2015	SEIMX vs CAVAX

Often Compared With SEIMX

Investors most often compare SEIMX with LDRAX, SMQFX, STAG. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
LDRAX	SEI Institutional Investments Trust Long Duration ...	Long-Term Bond	7	-0.88%	—	Apr 2004	SEIMX vs LDRAX
SMQFX	SEI Institutional Investments Trust Emerging Marke...	Emerging Markets Diversified	79	20.56%	—	Oct 2014	SEIMX vs SMQFX
STAG	STAG Industrial, Inc.		66	8.54%	—	—	SEIMX vs STAG
SEHAX	SEI Institutional Investments Trust U.S. Equity Fa...	Large Cap Blend Equities	77	12.65%	—	Apr 2018	SEIMX vs SEHAX
SLDAX	SEI Institutional Investments Trust Long Duration ...	Long-Term Bond	8	-0.96%	—	Jun 2012	SEIMX vs SLDAX
SEPAX	SEI Tax-Exempt Trust Pennsylvania Municipal Bond F...	Municipal Bonds	56	0.49%	—	Aug 1998	SEIMX vs SEPAX
SECPX	SEI Daily Income Ultra Short Duration Bond Fund	Ultrashort Bond	98	1.42%	—	Sep 1993	SEIMX vs SECPX
SEFIX	SEI Institutional International Trust Internationa...	Global Bonds	7	0.00%	—	Aug 1993	SEIMX vs SEFIX
SMSAX	SEI Institutional Managed Trust Multi-Strategy Alt...	Multistrategy	83	6.53%	—	Mar 2010	SEIMX vs SMSAX
SLCAX	SEI Institutional Investments Trust Large Cap Fund	Large Cap Blend Equities	77	11.96%	—	Jun 1996	SEIMX vs SLCAX
DNYMX	DFA NY Municipal Bond Portfolio	Municipal Bonds	99	1.29%	—	Jun 2015	SEIMX vs DNYMX
MUB	iShares National AMT-Free Muni Bond ETF	Municipal Bonds	74	1.41%	45.66B	Sep 2007	SEIMX vs MUB
SUMAX	SEI Tax Exempt Trust Short Duration Municipal Fund	Municipal Bonds	92	1.13%	—	Nov 2003	SEIMX vs SUMAX
SUSAX	SEI Institutional Investments Trust Ultra Short Du...	Ultrashort Bond	98	1.50%	—	Feb 2011	SEIMX vs SUSAX
CFVAX	SEI Catholic Values Trust Catholic Values Fixed In...	Intermediate Core-Plus Bond	15	-0.13%	—	Apr 2015	SEIMX vs CFVAX
SITEX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Bonds	80	4.28%	—	Jun 1997	SEIMX vs SITEX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	Emerging Markets Bonds	83	4.73%	—	Dec 2005	SEIMX vs SEDAX
SBDAX	SEI Tax Exempt Trust California Municipal Bond Fun...	Municipal Bonds	52	0.18%	—	Aug 1998	SEIMX vs SBDAX
SNSAX	SEI Asset Allocation Trust Defensive Strategy Fund	Short-Term Bond	90	1.91%	—	Nov 2003	SEIMX vs SNSAX
SPIIX	SEI S&P 500 Index Fund Class I	Large Cap Blend Equities	59	10.90%	—	Jun 2002	SEIMX vs SPIIX

Compare SEIMX with Any Fund or Stock

Compare SEIMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SEIMX with funds that move differently

SEI Tax Exempt Trust Intermediate-Term Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SEIMX.

Explore SEIMX Diversifiers

SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) Alternatives