SEGMX

About SEGMX

SEI Daily Income Trust GNMA Fund Class F is a mutual fund that primarily invests in securities issued or guaranteed by the U.S. government, with a particular focus on mortgage-backed securities from the Government National Mortgage Association (GNMA), also known as Ginnie Mae. The fund’s strategies center on seeking current income while maintaining high credit quality, as GNMA securities are backed by the full faith and credit of the U.S. government, which minimizes credit risk for investors. These assets play a significant role within the fixed income sector by providing exposure to government-backed mortgages that may offer a stable income stream, alongside price movements that typically align with changes in interest rates. The fund targets intermediate-duration bonds—generally with maturities of several years—and primarily holds investments rated AAA or government equivalent, emphasizing safety and liquidity. Its holdings support broader mortgage and housing finance markets, making it a relevant component for investors looking to balance income and risk in a diversified portfolio, particularly within the context of U.S. government and agency-backed fixed income securities.