SCFYX

About SCFYX

SEI Institutional Managed Trust Core Fixed Income Fund Class Y is an institutional mutual fund focused on providing investors with broad exposure to the U.S. fixed income market. The fund employs a multi-manager approach, utilizing several sub-advisers with specialized expertise in different areas of fixed income, such as government, corporate, and securitized debt. Its portfolio is constructed primarily from investment-grade U.S. fixed income securities, which may include government and corporate bonds, asset-backed and mortgage-backed instruments, as well as select non-investment grade (high-yield) securities to enhance diversification and yield potential. The fund is managed under the supervision of SEI Investments Management Corporation and is designed to track intermediate-term bond sectors, balancing credit quality and interest rate sensitivity with an effective duration typically around 6 years. Notable features include a competitive institutional expense ratio, monthly income distributions, and a relatively high level of diversification, making it suitable for institutions or qualified investors seeking core fixed income exposure as part of a broader asset allocation strategy. The fund benchmarks its performance against the Bloomberg U.S. Aggregate Bond Index, underscoring its role as a core component in fixed income investment lineups.