- ISIN
- US7839254726
- CUSIP
- 783925472
- Issuer
- BlackRock
- Inception Date
- Nov 13, 2003
- Category
- REIT
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Real Estate
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
SETAX Performance Chart
SEI Institutional Managed Trust Real Estate Fund (SETAX) is up 12.1% since the beginning of the year. SETAX is currently trading at $16 per share. Investors who bought $1,000 worth of SETAX shares 5 years ago would now be looking at an investment worth $1,279.
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Returns By Period
SEI Institutional Managed Trust Real Estate Fund (SETAX) has returned 12.12% so far this year and 12.62% over the past 12 months. Over the last ten years, SETAX has returned 6.43% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
SEI Institutional Managed Trust Real Estate Fund
- 1D
- 0.06%
- 1M
- -0.97%
- YTD
- 12.12%
- 6M
- 12.49%
- 1Y
- 12.62%
- 3Y*
- 11.52%
- 5Y*
- 5.04%
- 10Y*
- 6.43%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SETAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2004, SETAX's average daily return is +0.05%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +34.1%, while the worst month was Oct 2008 at -30.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, SETAX closed higher 52% of trading days. The best single day was Nov 24, 2008 with a return of +17.6%, while the worst single day was Mar 16, 2020 at -17.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.60% | 6.74% | -5.88% | 8.90% | -0.25% | 0.12% | 12.12% | ||||||
| 2025 | 0.69% | 3.66% | -2.45% | -1.77% | 1.13% | 0.06% | -0.75% | 3.33% | 0.00% | -1.90% | 2.12% | -1.98% | 1.90% |
| 2024 | -3.74% | 2.25% | 1.40% | -7.59% | 5.23% | 2.72% | 6.09% | 6.50% | 3.05% | -2.39% | 4.99% | -7.00% | 10.63% |
| 2023 | 10.62% | -5.03% | -2.40% | 1.37% | -3.31% | 5.80% | 2.95% | -3.14% | -6.55% | -4.45% | 11.20% | 9.96% | 15.75% |
| 2022 | -6.97% | -2.87% | 6.79% | -4.27% | -6.66% | -7.26% | 8.68% | -6.01% | -12.35% | 3.24% | 6.29% | -5.60% | -25.85% |
| 2021 | 0.14% | 3.44% | 5.30% | 7.64% | 1.44% | 3.20% | 5.12% | 1.70% | -5.06% | 7.14% | -1.33% | 9.23% | 44.05% |
Benchmark Metrics
SEI Institutional Managed Trust Real Estate Fund has an annualized alpha of 0.45%, beta of 1.09, and R2 of 0.55 versus S&P 500 Index. Calculated based on daily prices since January 02, 2004.
- This fund participated in 107.08% of S&P 500 Index downside but only 103.67% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.09 and R2 of 0.55, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.45%
- Beta
- 1.09
- R²
- 0.55
- Upside Capture
- 103.67%
- Downside Capture
- 107.08%
Expense Ratio
SETAX has a high expense ratio of 1.14%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SETAX ranks 16 for risk / return — in the bottom 16% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SEI Institutional Managed Trust Real Estate Fund (SETAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SETAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.37 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 2.78 | -1.18 |
| Martin ratioReturn relative to average drawdown | 4.81 | 12.44 | -7.62 |
Dividends
Dividend History
SEI Institutional Managed Trust Real Estate Fund provided a 10.58% dividend yield over the last twelve months, with an annual payout of $1.72 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.72 | $1.73 | $0.83 | $0.32 | $0.72 | $1.31 | $0.90 | $1.35 | $2.33 | $1.46 | $2.37 | $1.11 |
Dividend yield | 10.58% | 11.86% | 5.19% | 2.10% | 5.36% | 6.86% | 6.34% | 8.59% | 17.07% | 8.65% | 13.65% | 5.99% |
Monthly Dividends
The table displays the monthly dividend distributions for SEI Institutional Managed Trust Real Estate 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $1.45 | $1.73 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.09 | $0.00 | $0.62 | $0.83 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.15 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.72 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $1.15 | $1.31 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SEI Institutional Managed Trust Real Estate 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 Managed Trust Real Estate Fund was 75.06%, occurring on Mar 6, 2009. Recovery took 1053 trading sessions.
The current SEI Institutional Managed Trust Real Estate Fund drawdown is 2.86%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -75.06%Mar 2009 | 2y 27d | 4y 2mo | 6y 3moFeb 2007 - May 2013 |
COVID crash2020 | -41.32%Mar 2020 | 28d | 11mo 27d | 1y 20dFeb 2020 - Mar 2021 |
Bear market2022 | -32.26%Oct 2022 | 5mo 26d | 1y 11mo | 2y 5moApr 2022 - Sep 2024 |
2004 correction2004 | -17.77%May 2004 | 1mo 8d | 3mo 12d | 4mo 20dApr 2004 - Aug 2004 |
2013 correction2013 | -17.07%Aug 2013 | 2mo 29d | 9mo | 11mo 29dMay 2013 - May 2014 |
Drawdown Indicators
| SETAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.06% | -56.78% | -18.28% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -9.10% | +1.30% |
Max Drawdown (3Y)Largest decline over 3 years | -16.95% | -18.90% | +1.95% |
Max Drawdown (5Y)Largest decline over 5 years | -32.26% | -25.43% | -6.83% |
Max Drawdown (10Y)Largest decline over 10 years | -41.32% | -33.92% | -7.40% |
Current DrawdownCurrent decline from peak | -2.86% | -1.80% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -13.91% | -10.71% | -3.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 2.03% | +0.57% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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