Fund Evaluator:

SEI Multi-Asset Cap Stability Y (SIMT) Overview

SEI Multi-Asset Cap Stability Y (SIMT) (SMLYX) is an actively managed Allocation Global Conservative Allocation fund. SEI launched the fund in 2014.

The investment seeks to manage risk of a loss while providing current income and an opportunity for capital appreciation. The advisor will attempt to manage the risk of loss while still seeking to generate some growth by selecting investments from among a broad range of asset classes. Managing the risk of loss does not mean preventing losses, but rather managing The fund invests in a manner intended to limit the level of losses that the fund could incur over any particular period. At any point in time, the fund may be diversified across many asset classes or concentrated in a limited number of asset classes.

About SEI Multi-Asset Cap Stability Y (SIMT) (SMLYX)

There are 4 members of the management team with an average tenure of 6.59 years: Ashwin Alankar (2018), Tim Sauermelch (2024), Steven Treftz (2012), Anthony Karaminas (2023). 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 US Govt/Credit 1-3 Yr TR USD index with a weighting of 100%. SEI Multi-Asset Cap Stability Y (SIMT) has 134 securities in its portfolio. The top 10 holdings constitute 66.8% 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 Multi-Asset Cap Stability Y (SIMT) is part of the Allocation global asset class and is within the Allocation fund group. SEI Multi-Asset Cap Stability Y (SIMT) has 9.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 7.2%. There is 4.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 32.6% (27.4% domestic bond, 5.2% foreign bond and 0.0% convertible bond). SEI Multi-Asset Cap Stability Y (SIMT) has 39.8% of the portfolio in cash.

Assets Under Management

The fund has $22 million in total assets, which is below the $271 million average for the Global 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.

SMLYX 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 Cap Stability Y (SIMT) expense ratio is average compared to funds in the Global Conservative Allocation category. SEI Multi-Asset Cap Stability Y (SIMT) has an expense ratio of 0.52%, which is 50% lower than its category average, making the fund expense ratio grade a A. 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 Cap Stability Y (SIMT) has a portfolio turnover rate of 260%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 49% for the Global Conservative Allocation category.

Recently, in the month of August 2026, SEI Multi-Asset Cap Stability Y (SIMT) returned 0.5%, which earned it a grade of F, as the Global Conservative Allocation category had an average return of 1.0%. 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 Cap Stability Y (SIMT) has a trailing yield of 0.97%, which is below the 3.55% 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 Cap Stability Y (SIMT) Grades

Year to date, the fund has returned 3.0%, 1.3 percentage points worse than the category, which translates into a grade of F. The fund has returned 5.0% over the past year (grade of F), 6.0% over the past three years (grade of F) and 3.4% per year over the past five years (grade of A) and 3.2% per year over the past 10 years (grade of F).

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