Fund info

SEI Tax-Advantaged Income Fund Class Y is an open-end mutual fund focused on delivering a high level of income in a tax-efficient manner. The fund's primary strategy is to invest at least half of its net assets in municipal securities, such as bonds issued by state and local governments, as well as U.S. territories, that generate interest exempt from federal income tax—including the alternative minimum tax. This structure appeals to investors seeking tax-advantaged income and exposure to the municipal bond sector. The fund also has the flexibility to allocate assets to select corporate bonds, closed-end bond funds, and convertible securities, employing a multi-manager approach to portfolio construction that assesses interest rate trends, credit quality, and sector allocation. With hundreds of holdings and a relatively high minimum investment, the fund is positioned as an institutional-class offering. It provides monthly income distributions and features an expense ratio that is competitive within the municipal bond space. By targeting both tax-exempt and other income-generating securities, the SEI Tax-Advantaged Income Fund Class Y plays a specialized role—facilitating efficient income generation for investors with significant capital and a focus on after-tax returns.