SEI Institutional Managed Trust Core Fixed Income Fund Class I (SCXIX)

Overview

This company operates as an investment fund focused on generating returns for its investors through a diversified portfolio of fixed income securities. With a strategic approach to investing at least 80% of its net assets, along with any additional funds borrowed for investment purposes, the company emphasizes a mix of stability and growth. The portfolio is mainly comprised of both investment and non-investment grade (junk bond) U.S. corporate and government fixed income securities. These include a variety of asset-backed securities, mortgage dollar rolls, and mortgage-backed securities, along with securities issued or guaranteed by the U.S. government, its agencies, and instrumentalities. This strategy allows the company to navigate through various market conditions, aiming to offer consistent returns to its investors.

Products and Services

• Investment Grade U.S. Corporate and Government Fixed Income Securities

  The fund focuses on securities that are considered to be of higher quality by credit rating agencies. These securities typically offer lower risk and stable returns, making them an essential component of the fund's diversified investment strategy.

• Non-Investment Grade (Junk Bond) U.S. Corporate Fixed Income Securities

  Also integral to the fund's strategy are non-investment grade bonds, which carry a higher risk due to their lower credit quality. However, these securities often offer higher yields, providing the potential for greater returns on investment, albeit with increased volatility.

• Asset-Backed Securities

  Asset-backed securities (ABS) allow the fund to invest in a pool of assets, providing diversification within the portfolio. These securities are backed by financial assets, typically loans or receivables, offering another layer of investment opportunities to achieve higher yields.

• Mortgage Dollar Rolls

  This investment strategy involves the sale of mortgage-backed securities with an agreement to repurchase similar securities at a future date. It allows the fund to gain exposure to mortgage-backed securities while potentially earning additional income from the transaction.

• Mortgage-Backed Securities

  Mortgage-backed securities (MBS) are investments in pools of mortgages, providing the fund with regular payments derived from mortgage interest rates. These investments can offer attractive returns relative to risk, contributing to the fund's income generation capabilities.

• Securities Issued or Guaranteed by the U.S. Government and Its Agencies

  Investments in securities issued or guaranteed by the U.S. government and its agencies and instrumentalities offer the highest level of security, backed by the full faith and credit of the United States. These securities provide a stable income stream and add a solid foundation to the fund's investment portfolio.