Fund Evaluator:

SEI Tax-Managed Intl Mgd Vol Y (SIMT) Overview

SEI Tax-Managed Intl Mgd Vol Y (SIMT) (SIMYX) is an actively managed International Equity Foreign Large Value fund. SEI launched the fund in 2016.

The investment seeks tax-sensitive long-term capital appreciation with less volatility than the broad international equity markets. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in non-U.S. equity securities. It will invest in securities of issuers that are located in at least three countries outside of the U.S. but will typically invest much more broadly.

About SEI Tax-Managed Intl Mgd Vol Y (SIMT) (SIMYX)

There are 16 members of the management team with an average tenure of 6.60 years: Brendan Bradley (2016), Puneet Mansharamani (2016), David Hintz (2024), Paul Bouchey (2016), Greg Sleight (2016), Guy Lakonishok (2016), Jason Karceski (2016), Eugene Barbaneagra (2016), Jennifer Mihara (2024), Jason Collins (2016), Fanesca Young (2023), Ryan McKeon (2025), Gal Skarishevsky (2025), Rob Osborne (2025), Josef Lakonishok (2016), Menno Vermeulen (2016). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI Ex USA NR USD index with a weighting of 100% and MSCI EAFE NR USD index with a weighting of 100%. SEI Tax-Managed Intl Mgd Vol Y (SIMT) has 432 securities in its portfolio. The top 10 holdings constitute 14.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

SEI Tax-Managed Intl Mgd Vol Y (SIMT) is part of the Equity global asset class and is within the International Equity fund group. SEI Tax-Managed Intl Mgd Vol Y (SIMT) has 97.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.1%. There is 97.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). SEI Tax-Managed Intl Mgd Vol Y (SIMT) has 2.0% of the portfolio in cash.

Assets Under Management

The fund has $63 million in total assets, which is below the $976 million average for the Foreign Large Value 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.

SIMYX 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 Tax-Managed Intl Mgd Vol Y (SIMT) expense ratio is high compared to funds in the Foreign Large Value category. SEI Tax-Managed Intl Mgd Vol Y (SIMT) has an expense ratio of 0.86%, which is 18% lower than its category average, making the fund expense ratio grade a B. 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 Tax-Managed Intl Mgd Vol Y (SIMT) has a portfolio turnover rate of 66%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Value category.

Recently, in the month of July 2026, SEI Tax-Managed Intl Mgd Vol Y (SIMT) returned 4.8%, which earned it a grade of B, as the Foreign Large Value category had an average return of 3.8%. 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 Tax-Managed Intl Mgd Vol Y (SIMT) has a trailing yield of 2.82%, which is above the 2.78% 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 Tax-Managed Intl Mgd Vol Y (SIMT) Grades

Year to date, the fund has returned 11.2%, 3.7 percentage points worse than the category, which translates into a grade of F. The fund has returned 21.1% over the past year (grade of F), 16.3% over the past three years (grade of F) and 9.1% per year over the past five years (grade of F).

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