SEI Institutional Managed Trust Core Fixed Income Fund Class F (TRLVX)

Overview

This fund is focused on investing primarily in a diverse range of fixed income securities. With a strategy that involves allocating at least 80% of its net assets towards fixed income securities, the fund is geared towards exploiting the investment opportunities in both investment and non-investment grade (junk bond) U.S. corporate and government fixed income markets. This includes a wide array of security types such as asset-backed securities, mortgage dollar rolls, mortgage-backed securities, and other securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities. The fund's approach indicates a heightened focus on maximizing returns from the fixed income market while navigating the risks associated with both investment grade and junk bond investments.

Products and Services

• Investment and Non-Investment Grade Fixed Income Securities

  The fund invests in a balanced mix of investment-grade bonds, providing stable returns, and non-investment grade bonds (junk bonds), which offer higher returns at a higher risk. This diversified investment approach allows for risk management while seeking to optimize the return on investment.

• Asset-Backed Securities

  Asset-backed securities offer the fund an opportunity to invest in a pool of assets that generate cash flows. These can include a variety of asset types, such as loans or receivables, which provide an additional layer of diversification and potential risk-adjusted returns.

• Mortgage Dollar Rolls

  Investing in mortgage dollar rolls involves purchasing mortgage-backed securities and simultaneously agreeing to sell similar securities in the future at a predetermined price. This strategy can enhance the fund's yield through the mechanics of the mortgage market and the management of interest rate exposure.

• Mortgage-Backed Securities

  The fund allocates a portion of its portfolio to mortgage-backed securities, which are bonds secured by home and other real estate loans. These securities offer a regular income and are influenced by the state of the housing market and interest rates, contributing to the fund's income generation and diversification strategy.

• Securities Issued or Guaranteed by the U.S. Government

  Investments in securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities form a cornerstone of the fund's strategy. These securities provide a lower-risk investment option, given their backing by the federal government, thus serving as a stabilizing factor for the fund's overall portfolio.