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DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 10.04
Category Short-Term Bond
Net Assets 699.53 Mil
Yield 1.02%
Morningstar Risk Low
Morningstar Return Below Average
  • Last NAV update 4/15/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks to provide higher current income than that typically offered by a money market fund while maintaining a high degree of liquidity and a correspondingly higher risk of principal volatility. Under normal circumstances, the Ultra Short Duration Bond Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade U.S. dollar-denominated debt instruments. The primary derivatives used by the fund are futures contracts, options, interest rate swaps and credit default swaps. In addition, the fund may invest in futures contracts, options, swaps and other similar instruments.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return NA NA 2.80% 0.92% 0.38%
Value ($) NA NA NA NA NA
  • Year to date performance as of 4/15/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family SEI
Fund Manager Timothy Smith
Tenure (Years) 3
Fund Status Open
Minimum Initial Purchase 100,000.00
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 0.12%
PERFORMANCE
Symbol Value ($)
1 Month 0.09%
3 Months 0.35%
1 Year 0.92%
3 Years* 1.34%
5 Years* NA
  • * Annualized returns
  • Performance as of 4/15/2014 12:00 AM ET
PEER COMPARISON
  SUSAX Short-Term Bond
5-Yr Return NA 3.69%
Sharpe Ratio 2.34 0.46
Net Assets 699.53 Mil 640.53 Mil
Avg Market Cap NA NA
Avg P/E NA NA
Portfolio Turnover 178 140
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 5.59%
Fixed Income 98.43%
Other 0.24%
TOP 10 HOLDINGS
NAME % NET ASSETS
NYSE/Liffe 10 Year US Treasury Note Future June14 2.76%
Fannie Mae Single Family TBA 3% 2029-04-01 2.53%
Fed Natl Mort Assc 3.5% 1.24%
5 Year US Treasury Note Future June14 0.91%
FNMA 0.5% 0.77%
Bnp Paribas / Bnp Paribas Us FRN 0.61%
FNMA 0.375% 0.61%
Cent Clo 20 Ltd 2014-20 FRN 0.57%
New York Life Gbl Fdg Mtn 144a 144A FRN 0.54%
Natl Rural Utils Coop Mtn Be FRN 0.52%
DATA PROVIDERS

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