SEIMX Fees and Costs — Intermediate-Term Municipal Fund, Class F
Data updated: 2026-07-29
The net expense ratio is 0.81%: a 0.33% management fee plus 0.48% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 25%.
SEIMX Fees and Expenses
Annual operating expenses and sales charges of SEIMX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.33% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.48% |
| Gross expense ratio | 0.81% |
| Fee waiver | — |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SEIMX Costs Over Time
On $10,000 invested in SEIMX, assuming 5% a year before costs, total costs come to $509 over 5 years, cutting the return by 0.85% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.81%) | $85 | $266 | $462 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $279 | $509 |
| Value after costs | $10,415 | $11,297 | $12,254 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
SEIMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
SEIMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO | $211.8M | 29.76% |
| BAML | $89.4M | 12.56% |
| THE TORONTO DOMINION BANK - LONDON | $84.0M | 11.80% |
| J P MORGAN CHASE BANK | $60.5M | 8.50% |
| RBC CAPITAL | $53.6M | 7.53% |
| MORGAN STANLEY & CO, INC | $51.5M | 7.23% |
| GOLDMAN, SACHS & CO. | $51.0M | 7.16% |
| BARCLAY BANK PLC | $42.7M | 6.00% |
| SUNTRUST | $41.9M | 5.89% |
| SIEBERT BRANDFORD SHANK & CO. | $25.4M | 3.56% |
Intermediate-Term Municipal Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SINYX | Class Y | 0.56% | — |
| SEIMX | Class F | 0.81% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.