SEI Institutional Managed Enhanced Income Fund

Scorecard
2 / 5 Stars
Lipper
1 1 5 5 5
Zacks Investment Research
4 (Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

#28 in Multisector Bond

U.S. News evaluated 80 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 2.70 percent over the past year, 2.61 percent over the past three years, and 4.76 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 1.2%
1 Year 2.7%
3 Years (Annualized) 2.6%
5 Years (Annualized) 4.8%
10 Years (Annualized) N/A

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Summary

The investment seeks capital appreciation and income. The fund invests primarily in a diversified portfolio of investment grade and non-investment grade fixed-income securities (junk bonds), including: (i) securities issued or guaranteed by the U.S. government and its agencies and instrumentalities and obligations of U.S. and foreign commercial banks; (ii) obligations of foreign governments; (iii) U.S. and foreign corporate debt securities; and (iv) securitized issues such as mortgage-backed securities, asset-backed securities, commercial mortgage-backed securities and collateralized debt obligations.

Fees

Fees are Low compared to funds in the same category.
SEI Institutional Managed Enhanced Income Fund has an expense ratio of 0.60 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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