SINYX

About SINYX

SEI Tax Exempt Trust Intermediate-Term Municipal Fund Class Y is a diversified mutual fund focused on providing investors with income that is exempt from federal income tax, while seeking to preserve capital. The fund primarily invests at least 80% of its net assets in investment-grade municipal securities, such as bonds and notes, issued by state and local governments across the United States. These securities finance a wide array of public projects, including infrastructure, schools, and hospitals, allowing the fund to play a role in community development. By focusing on intermediate-term maturities, the fund balances interest rate sensitivity and income potential, typically maintaining a portfolio with maturities ranging from five to twelve years. Its strategy aims to minimize credit risk while benefiting from the broad tax advantages inherent to municipal debt. The fund’s diversified approach across regions and sectors helps manage overall risk, making it a notable choice for investors seeking federally tax-exempt income and moderate capital stability within the fixed income segment of the market.