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Trending ETFs

SIMT REAL ESTATE FUND

mutual fund
SETAX
Payout Change
Pending
Price as of:
$16.32 +0.14 +0.87%
primary theme
Real Estate Sector Equity
share class
F (SETAX) I (SEIRX) Y (SREYX)
SETAX (Mutual Fund)

SIMT REAL ESTATE FUND

Payout Change
Pending
Price as of:
$16.32 +0.14 +0.87%
primary theme
Real Estate Sector Equity
share class
F (SETAX) I (SEIRX) Y (SREYX)
SETAX (Mutual Fund)

SIMT REAL ESTATE FUND

Payout Change
Pending
Price as of:
$16.32 +0.14 +0.87%
primary theme
Real Estate Sector Equity
share class
F (SETAX) I (SEIRX) Y (SREYX)

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

SIMT REAL ESTATE FUND

SETAX | Fund

$16.32

$73.6 M

2.27%

$0.37

1.23%

Vitals

YTD Return

11.3%

1 yr return

11.0%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

6.1%

Net Assets

$73.6 M

Holdings in Top 10

52.6%

52 WEEK LOW AND HIGH

$16.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.23%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

SIMT REAL ESTATE FUND

SETAX | Fund

$16.32

$73.6 M

2.27%

$0.37

1.23%

SETAX - Profile

Distributions

  • YTD Total Return 11.3%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.67%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    SIMT REAL ESTATE FUND
  • Fund Family Name
    SEI Funds
  • Inception Date
    Nov 13, 2003
  • Shares Outstanding
    5389206
  • Share Class
    F
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Eric Rothman

Fund Description

Under normal circumstances, the Real Estate Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of real estate companies (e.g., common stocks, rights, warrants, exchange-traded funds (ETFs), convertible securities and preferred stocks of real estate investment trusts (REITs) and real estate operating companies (REOCs)). Generally, the Fund will invest in real estate companies operating in the United States. Due to its investment strategy, the Fund may buy and sell securities and other instruments frequently.

The Fund uses a multi-manager approach, relying upon a number of sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers) to manage portions of the Fund's portfolio under the general supervision of SEI Investments Management Corporation, the Fund's adviser (SIMC or the Adviser).

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SETAX - Performance

Return Ranking - Trailing

Period SETAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -12.5% 17.2% 9.24%
1 Yr 11.0% -12.5% 17.8% 9.24%
3 Yr -0.4%* -13.7% 4.8% 13.98%
5 Yr 6.1%* -12.6% 12.7% 5.41%
10 Yr 6.0%* -2.5% 13.4% 16.25%

* Annualized

Return Ranking - Calendar

Period SETAX Return Category Return Low Category Return High Rank in Category (%)
2023 13.1% -16.2% 24.6% 5.06%
2022 -29.4% -51.3% 2.5% 34.75%
2021 34.2% -7.7% 52.3% 36.17%
2020 -9.5% -42.2% 35.0% 57.21%
2019 15.1% 0.0% 43.1% 65.58%

Total Return Ranking - Trailing

Period SETAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -12.5% 17.2% 9.24%
1 Yr 11.0% -12.5% 17.8% 9.24%
3 Yr -0.4%* -13.7% 4.8% 13.98%
5 Yr 6.1%* -12.6% 12.7% 5.41%
10 Yr 6.0%* -2.5% 13.4% 16.25%

* Annualized

Total Return Ranking - Calendar

Period SETAX Return Category Return Low Category Return High Rank in Category (%)
2023 15.7% -13.7% 25.0% 9.70%
2022 -25.8% -40.7% 7.8% 45.76%
2021 43.9% 7.8% 54.6% 23.40%
2020 -3.5% -36.6% 44.3% 38.29%
2019 24.7% 4.1% 46.4% 70.23%

NAV & Total Return History

SETAX - Holdings

Concentration Analysis

SETAX Category Low Category High SETAX % Rank
Net Assets 73.6 M 2.26 M 70.8 B 84.42%
Number of Holdings 44 22 548 39.92%
Net Assets in Top 10 41 M 1.29 M 32.8 B 81.93%
Weighting of Top 10 52.57% 13.2% 82.2% 65.13%

Top 10 Holdings

  1. EQUINIX INC REIT 9.52%
  2. PROLOGIS INC REIT 8.24%
  3. DIGITAL REALTY TRUST INC REIT 5.10%
  4. WELLTOWER INC REIT 4.81%
  5. EXTRA SPACE STORAGE INC REIT 4.64%
  6. VENTAS INC REIT 4.36%
  7. SIMON PROPERTY GROUP INC REIT 4.17%
  8. EQUITY RESIDENTIAL REIT 4.12%
  9. UDR INC REIT 3.92%
  10. PUBLIC STORAGE REIT 3.70%

Asset Allocation

Weighting Return Low Return High SETAX % Rank
Stocks 		98.90% 0.00% 100.25% 45.38%
Cash 		1.10% -42.50% 24.34% 50.00%
Preferred Stocks 		0.00% 0.00% 31.13% 57.56%
Other 		0.00% -82.45% 106.21% 57.56%
Convertible Bonds 		0.00% 0.00% 10.95% 51.90%
Bonds 		0.00% 0.00% 149.68% 54.62%

Stock Sector Breakdown

Weighting Return Low Return High SETAX % Rank
Real Estate 		100.00% 34.46% 100.00% 19.03%
Utilities 		0.00% 0.00% 3.55% 48.23%
Technology 		0.00% 0.00% 12.02% 60.18%
Industrials 		0.00% 0.00% 7.39% 53.10%
Healthcare 		0.00% 0.00% 0.53% 50.00%
Financial Services 		0.00% 0.00% 37.05% 54.87%
Energy 		0.00% 0.00% 33.11% 50.44%
Communication Services 		0.00% 0.00% 11.61% 53.54%
Consumer Defense 		0.00% 0.00% 0.93% 48.23%
Consumer Cyclical 		0.00% 0.00% 45.29% 69.03%
Basic Materials 		0.00% 0.00% 13.69% 51.77%

Stock Geographic Breakdown

Weighting Return Low Return High SETAX % Rank
US 		98.90% 0.00% 100.25% 41.18%
Non US 		0.00% 0.00% 36.61% 53.36%

SETAX - Expenses

Operational Fees

SETAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.23% 0.07% 8.91% 47.66%
Management Fee 0.65% 0.00% 1.50% 29.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.30% 0.01% 0.45% 89.83%

Sales Fees

SETAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SETAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 55.81%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SETAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.11% 380.00% 61.89%

SETAX - Distributions

Dividend Yield Analysis

SETAX Category Low Category High SETAX % Rank
Dividend Yield 2.27% 0.00% 13.03% 78.15%

Dividend Distribution Analysis

SETAX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Quarterly

Net Income Ratio Analysis

SETAX Category Low Category High SETAX % Rank
Net Income Ratio 0.67% -1.14% 6.05% 74.89%

Capital Gain Distribution Analysis

SETAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

SETAX - Fund Manager Analysis

Managers

Eric Rothman

Start Date

Tenure

Tenure Rank

Apr 13, 2011

11.14

11.1%

Mr. Rothman serves as Portfolio Manager for CenterSquare Investment Management’s real estate securities group. He joined the firm in 2006, and is responsible for market research, sector allocations, research, and financial modeling across the real estate securities universe. He has over 20 years of REIT and real estate investment experience. Prior to joining CenterSquare, he spent more than six years as a sell-side REIT analyst at Wachovia Securities and three years as an analyst at AEW Capital Management, LP. Mr. Rothman graduated cum laude from Boston University with a B.A. in Economics, International Relations and French.

Dean Frankel

Start Date

Tenure

Tenure Rank

Apr 13, 2011

11.14

11.1%

Dean Frankel is the Global Co-Head, Real Estate Securities at CenterSquare Investment Management. Mr. Frankel is responsible for management of the firm's proprietary research process, as well as analyzing and interpreting the implications of major events and economic trends. Mr. Frankel manages the daily operations of the real estate securities portfolios and has ultimate decision-making authority for the core U.S. and Global REIT strategies. Mr. Frankel joined CenterSquare in 1997 and has served as Senior Portfolio Manager since 2006. He manages CenterSquare’s proprietary research process and oversees the CenterSquare Investment Management, Inc.'s real estate securities trading activities. Mr. Frankel holds a B.S. in Economics from the University of Pennsylvania's Wharton School of Business.

Stephen Dolce

Start Date

Tenure

Tenure Rank

Dec 31, 2016

5.42

5.4%

Steven C. Dolce, CFA, serves as Portfolio Manager at SEI Investments Management Corporation. Prior to joining SEI, Mr. Dolce was Partner, Portfolio Manager, Analyst and Investment Committee Member at Philadelphia International Advisors LP (PIA). Previously, Mr. Dolce was a Sector Portfolio Manager and Senior Analyst at DuPont Capital Management (DCM). Mr. Dolce also served as a Global Equity and Derivatives Trader at Grantham, Mayo & Van Otterloo & Co. LLC (GMO) in Boston. Mr. Dolce received his Bachelor of Science from Boston College, Carroll School of Management with a concentration in econo

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 28.42 8.32 2.68

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