SEATX

About SEATX

SEI Tax Exempt Trust Tax-Advantaged Income Fund Class F is an open-end mutual fund designed to deliver federally tax‑advantaged income through a diversified fixed‑income portfolio. The fund’s mandate emphasizes municipal securities, with at least half of assets typically allocated to investment‑grade municipals whose interest is exempt from federal income tax, including the alternative minimum tax. It is managed within a multisector bond framework, blending municipal exposure with other fixed‑income sectors to balance income generation and credit diversification. The portfolio is broadly distributed across hundreds of holdings, limiting concentration risk, and features notable positions in U.S. municipal issuers alongside select corporate bonds as part of its strategy. Regular monthly distributions underscore its income orientation, while metrics such as effective duration and yield are managed to navigate interest‑rate and credit cycles within the tax‑exempt universe. Launched in 2007, the fund has grown to a sizable asset base and operates with an institutional share class profile, including a higher minimum initial investment and an expense structure aligned with its active, multi‑manager approach.