SEI Institutional Managed Trust High Yield Bond Fund (SHYAX)
The investment seeks total return. The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in high yield fixed income securities. It will invest primarily in fixed income securities rated below investment grade (junk bonds), including corporate bonds and debentures, convertible and preferred securities, zero coupon obligations and tranches of collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs).
Fund Info
US7839256473
783925647
Jan 11, 1995
$100,000
Expense Ratio
SHYAX features an expense ratio of 0.89%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SEI Institutional Managed Trust High Yield Bond 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 Institutional Managed Trust High Yield Bond Fund had a return of 1.49% year-to-date (YTD) and 10.95% in the last 12 months. Over the past 10 years, SEI Institutional Managed Trust High Yield Bond Fund had an annualized return of 3.30%, while the S&P 500 had an annualized return of 11.26%, indicating that SEI Institutional Managed Trust High Yield Bond Fund did not perform as well as the benchmark.
SHYAX
1.49%
0.93%
5.18%
10.95%
2.37%
3.30%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of SHYAX, 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 | 1.49% | 1.49% | |||||||||||
| 2024 | 0.86% | 0.23% | 1.18% | -0.91% | 1.03% | 0.91% | 2.00% | 1.10% | 1.64% | 0.15% | 0.91% | -0.22% | 9.24% |
| 2023 | 4.43% | -1.08% | -0.17% | 1.25% | -0.87% | 1.40% | 2.00% | 0.72% | -0.78% | -1.56% | 3.53% | 0.73% | 9.84% |
| 2022 | -1.45% | -1.03% | -0.94% | -2.69% | -1.02% | -6.26% | 4.68% | -1.68% | -3.86% | 1.72% | 1.52% | -7.30% | -17.38% |
| 2021 | 1.63% | 1.12% | 0.64% | 1.77% | 0.57% | 1.32% | 0.30% | 0.46% | 0.69% | 0.43% | -1.14% | 1.02% | 9.13% |
| 2020 | 0.32% | -1.73% | -14.39% | 2.06% | 4.81% | 1.85% | 4.41% | 1.43% | -0.27% | 0.84% | 4.45% | 1.09% | 3.40% |
| 2019 | 3.88% | 1.93% | 0.94% | 1.76% | -1.00% | 1.81% | 0.45% | 0.06% | 0.30% | 0.18% | 0.02% | 1.78% | 12.70% |
| 2018 | 0.85% | -0.84% | -0.58% | 0.74% | 0.20% | 0.57% | 1.13% | 0.61% | 0.57% | -1.48% | -1.13% | -4.71% | -4.13% |
| 2017 | 1.73% | 1.26% | -0.36% | 1.15% | 0.90% | 0.04% | 1.15% | -0.19% | 1.02% | 0.47% | -0.37% | -0.65% | 6.30% |
| 2016 | -0.98% | -0.71% | 3.49% | 3.87% | 0.96% | 1.13% | 2.85% | 2.36% | 0.63% | 0.63% | -0.25% | 0.55% | 15.38% |
| 2015 | 0.89% | 2.00% | -0.33% | 1.38% | 0.45% | -1.37% | -0.21% | -1.55% | -2.78% | 2.08% | -2.87% | -3.99% | -6.33% |
| 2014 | 0.74% | 1.59% | 0.45% | 0.58% | 0.96% | 0.82% | -1.18% | 1.47% | -1.93% | 0.85% | -0.72% | -2.16% | 1.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, SHYAX is among the top 11% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SEI Institutional Managed Trust High Yield Bond Fund (SHYAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SEI Institutional Managed Trust High Yield Bond Fund provided a 8.80% dividend yield over the last twelve months, with an annual payout of $0.48 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.48 | $0.53 | $0.43 | $0.37 | $0.38 | $0.38 | $0.38 | $0.40 | $0.42 | $0.42 | $0.42 |
Dividend yield | 8.80% | 8.98% | 9.79% | 7.93% | 5.24% | 5.63% | 5.51% | 5.81% | 5.61% | 5.91% | 6.34% | 5.67% |
Monthly Dividends
The table displays the monthly dividend distributions for SEI Institutional Managed Trust High Yield Bond 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 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.53 |
| 2022 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.38 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2016 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.42 |
| 2015 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.42 |
| 2014 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.42 |
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 Institutional Managed Trust High Yield Bond 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 High Yield Bond Fund was 39.68%, occurring on Dec 15, 2008. Recovery took 257 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.68% | Jun 4, 2007 | 387 | Dec 15, 2008 | 257 | Dec 22, 2009 | 644 |
| -22.12% | Feb 24, 2020 | 21 | Mar 23, 2020 | 161 | Nov 9, 2020 | 182 |
| -18.34% | Nov 10, 2021 | 286 | Dec 29, 2022 | 523 | Jan 31, 2025 | 809 |
| -14.77% | Jun 2, 2015 | 177 | Feb 11, 2016 | 122 | Aug 5, 2016 | 299 |
| -10.92% | Aug 3, 1998 | 604 | Dec 5, 2000 | 325 | Apr 1, 2002 | 929 |
Volatility
Volatility Chart
The current SEI Institutional Managed Trust High Yield Bond Fund volatility is 0.93%, 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.