SRAAX

About SRAAX

SEI Institutional Managed Trust Real Return Fund Class F is an open-end mutual fund focused on preserving purchasing power by investing primarily in short-term, inflation-protected fixed income securities. The strategy centers on bonds whose principal adjusts with changes in the U.S. Consumer Price Index, with an emphasis on U.S. Treasury Inflation-Protected Securities and a portfolio duration typically under four years, aligning it with the short-term inflation-protected bond category. The fund is overseen by a long-tenured manager and maintains a predominantly high-quality credit profile, with the vast majority of exposure in AA to AAA-rated securities and minimal cash holdings. It seeks to provide a real return profile that dampens interest rate sensitivity relative to longer-duration inflation-linked strategies while delivering periodic income through quarterly distributions. Within multi-asset or liability-aware allocations, the fund can serve as a dedicated inflation hedge and ballast against unexpected price shocks, complementing core bond holdings and reducing overall portfolio volatility. Its role is particularly relevant for investors aiming to maintain real value in the fixed income sleeve during varying inflation cycles.