SGYAX – SEI High Yield Bond A (SIIT) Investment Strategy | Morningstar

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Strategy

The investment seeks total return. The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in high yield fixed income securities. It invests primarily in fixed income securities rated below investment grade, including corporate bonds and debentures, convertible and preferred securities, zero coupon obligations and tranches of collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs). The fund uses a multi-manager approach, relying upon a number of Sub-Advisers with differing investment philosophies to manage portions of the fund's portfolio under the general supervision of SIMC.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SGYAX	SEI Institutional Investments Trust High Yield Bond Fund Class A	Institutional	Open			Dec 5, 2005	$2.10B	0.280%	Low	$100,000	$50.42M

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