SEI High Yield Bond & Alternative Credit ETF
No trades
No trades
Key stats
Details
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Inception date
May 18, 2026
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SEI Investments Management Corp.
Distributor
SEI Investments Distribution Co.
ISIN
US81589A8743
CUSIP
81589A874
FIGI
BBG022DSHP67
Identifiers
ISIN US81589A8743
LEND seeks to provide high current yield and total return by investing in high yield fixed income and alternative credit securities. The ETF is actively managed, outsourcing high-yield bond exposure to one or more sub-advisers, combined with an internally managed sleeve of CLO exposure. The ETF focuses on below investment grade instruments, including corporate bonds, bank loans, convertible and preferred securities, and zero-coupon obligations, as well as structured credit instruments such as below investment grade tranches of collateralized loan obligations (CLOs) and collateralized debt obligations (CDOs). Unrated securities may be used to gain broader market exposure. The portfolio is constructed to be diversified across issuers and industries, with a weighted average maturity not exceeding ten years. Derivatives may be used to enhance portfolio management and risk mitigation. LEND launches through a conversion of the SEI Institutional Managed Trust High Yield Bond Fund (SEIYX) with $1.02 billion in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks0.31%
Communications0.23%
Finance0.06%
Commercial Services0.01%
Energy Minerals0.01%
Consumer Services0.00%
Non-Energy Minerals0.00%
Process Industries0.00%
Miscellaneous0.00%
Transportation0.00%
Bonds, Cash & Other99.69%
Corporate75.02%
Securitized8.89%
Loans6.23%
Mutual fund4.94%
Miscellaneous2.93%
Government1.61%
Cash0.07%
Rights & Warrants0.00%
Breakdown by region
North America93.34%
Europe4.74%
Asia1.10%
Oceania0.68%
Latin America0.12%
Middle East0.03%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
LEND invests in bonds. The fund's major sectors are Corporate, with 75.02% stocks, and Securitized, with 8.89% of the basket. The assets are mostly located in the North America region.
LEND assets under management is 1.02 B USD. It's fallen 0.64% over the last month.
LEND fund flows account for −4.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LEND pays dividends to its holders with the dividend yield of 11.74%. The last dividend (Jul 7, 2026) amounted to 0.25 USD. The dividends are paid monthly.
LEND shares are issued by SEI Investments Co. under the brand SEI. The ETF was launched on May 18, 2026, and its management style is Active.
LEND expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
LEND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LEND invests in bonds.
LEND trades at a premium (0.66%) meaning the ETF is trading at a higher price than the calculated NAV.