Fund Evaluator:

SEI Multi-Asset Inflation Mgd F (SIMT) Overview

SEI Multi-Asset Inflation Mgd F (SIMT) (SIFAX) is an actively managed Allocation Conservative Allocation fund. SEI launched the fund in 2012.

The investment seeks total return exceeding the rate of inflation. Under normal circumstances, the fund will seek to generate "real return" (i.e., total returns that exceed the rate of inflation over a full market cycle, regardless of market conditions) by selecting investments from among a broad range of asset classes, including fixed income and equity securities and commodity investments. Equity securities may include common or preferred stocks, warrants, rights, depositary receipts, equity-linked securities and other equity interests. The fund is non-diversified.

About SEI Multi-Asset Inflation Mgd F (SIMT) (SIFAX)

There are 7 members of the management team with an average tenure of 4.57 years: Matthew Sheridan (2025), Michael Canter (2019), Floyd Tyler (2022), Steven Treftz (2012), Anthony Karaminas (2023), Jose Maldonado (2022), Serena Zhou (2025). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg U.S. Treasury TIPS 1-5Y TR USD index with a weighting of 100%. SEI Multi-Asset Inflation Mgd F (SIMT) has 1027 securities in its portfolio. The top 10 holdings constitute 57.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

SEI Multi-Asset Inflation Mgd F (SIMT) is part of the Allocation global asset class and is within the Allocation fund group. SEI Multi-Asset Inflation Mgd F (SIMT) has 3.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 14.9%. There is -0.9% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 62.4% (57.9% domestic bond, 4.5% foreign bond and 0.0% convertible bond). SEI Multi-Asset Inflation Mgd F (SIMT) has 5.2% of the portfolio in cash.

Assets Under Management

The fund has $483 million in total assets, which is above the $107 million average for the Conservative Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

SIFAX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The SEI Multi-Asset Inflation Mgd F (SIMT) expense ratio is high compared to funds in the Conservative Allocation category. SEI Multi-Asset Inflation Mgd F (SIMT) has an expense ratio of 1.04%, which is 13% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. SEI Multi-Asset Inflation Mgd F (SIMT) has a portfolio turnover rate of 44%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 100% for the Conservative Allocation category.

Recently, in the month of July 2026, SEI Multi-Asset Inflation Mgd F (SIMT) returned 3.5%, which earned it a grade of A, as the Conservative Allocation category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

SEI Multi-Asset Inflation Mgd F (SIMT) has a trailing yield of 4.18%, which is above the 3.43% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

SEI Multi-Asset Inflation Mgd F (SIMT) Grades

Year to date, the fund has returned 8.8%, 6.1 percentage points better than the category, which translates into a grade of A. The fund has returned 12.5% over the past year (grade of A), 7.1% over the past three years (grade of C) and 5.8% per year over the past five years (grade of A) and 3.6% per year over the past 10 years (grade of D).

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