SEI Institutional Investments Trust Core Fixed Income Fund Class A (SCOAX)

Overview

This fund specializes in fixed income investment strategies, focusing on a diverse mix of both investment grade and high-yield (junk bond) securities. Its investment portfolio includes a broad range of fixed income categories, from U.S. and foreign corporate to government securities, including those from emerging markets. The fund aims to optimize returns while managing risk through a mix of asset-backed securities, mortgage dollar rolls, and mortgage-backed securities. With an aggressive strategy that includes investing at least 80% of its net assets (plus borrowing for investment purposes) in fixed income securities, the fund seeks to cater to investors looking for a blend of income generation and growth potential within the fixed income market.

Products and Services

• Investment and Non-Investment Grade Securities

The fund invests in a mix of investment grade and non-investment grade (junk bond) securities, which includes bonds rated below BBB- by S&P or similarly by other ratings agencies. This strategy focuses on achieving higher yields compared to traditional investment-grade bonds while managing the increased risk of default associated with lower-rated bonds.

• U.S. and Foreign Corporate and Government Securities

Portfolio diversification is achieved through investments in a variety of corporate and government bonds, both in the U.S. and internationally. This includes developed markets as well as emerging market securities, offering a balance between risk and reward by tapping into different economies and interest rate environments.

• Asset-Backed Securities (ABS)

Asset-backed securities are financial instruments backed by loan portfolios or receivables. By investing in ABS, the fund gains exposure to a range of credit assets, from auto loans to credit card receivables, providing investors with additional diversification and risk management opportunities.

• Mortgage Dollar Rolls and Mortgage-Backed Securities (MBS)

Investment in mortgage dollar rolls and mortgage-backed securities forms a core part of the fund’s strategy. These instruments offer the potential for high yields and are a key component in managing interest rate risk and enhancing portfolio returns. MBS investments include both government and privately issued securities, diversifying exposure across different types of mortgage loans and related securities.