SEIPX — Pennsylvania Municipal Bond Fund
Data updated: 2026-07-29
SEIPX — Pennsylvania Municipal Bond Fund. Intermediate Municipal - National Bond · $138.32M AUM. Holdings, fees, performance and SEC filings.
SEIPX Fund Overview
SEIPX — Pennsylvania Municipal Bond Fund is a US mutual fund managed by Sei Tax Exempt Trust, categorised as Intermediate Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Sei Tax Exempt Trust
- Category: Intermediate Municipal - National Bond
- Assets under management: $138.32M
- Ticker: SEIPX
- SEC CIK: 0000701817
- SEC series ID: S000006431
- Share class ID: C000017625
SEIPX Investment Objective and Strategy
Pennsylvania Municipal Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sei Tax Exempt Trust.
Investment objective
Current income exempt from federal and Pennsylvania state income taxes consistent with the preservation of capital.
Principal investment strategy
The Pennsylvania Municipal Bond Fund will invest, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade municipal securities that pay interest that is exempt from federal and Pennsylvania state income taxes, including, but not limited to, municipal bonds, notes and commercial paper. The principal issuers of these securities are state and local governments and their agencies located in Pennsylvania, as well as in Puerto Rico and other U.S. territories and possessions. The Fund uses a sub-adviser (the Sub-Adviser) to manage the Fund's portfolio under the general supervision of SEI Investments Management Corporation, the Fund's adviser (SIMC or the Adviser). The Sub-Adviser selects securities based on its view on the future direction of interest rates and the shape of the yield curve, as well as its views on credit quality and sector allocation issues.
Where possible, the Sub-Adviser will attempt to acquire securities that are underpriced relative to other eligible securities. The Sub-Adviser will strive to maintain an average weighted portfolio maturity of seven years or less. The Fund may, to a limited extent, invest in securities subject to the alternative minimum tax or in debt securities subject to federal and Pennsylvania state income taxes. The Fund may also invest in municipal securities rated below investment grade (junk bonds).
SEIPX Holdings
Top 10 holdings of Pennsylvania Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Philadelphia Pa Auth For Indl Dev Hosp Rev | 3.87% |
| Pennsylvania Higher Ed Assistance Agy Ed Ln Rev | 3.65% |
| Pennsylvania St | 2.57% |
| Pennsylvania St | 2.10% |
| Philadelphia Pa Wtr & Wastewtr Rev | 2.07% |
| Philadelphia Pa Hsg Auth Gtd Rev | 2.00% |
| Adams Cnty Pa Gen Auth Rev | 1.97% |
| Commonwealth Fing Auth Pa Tob Master Settlement Pmt Rev | 1.89% |
| Allegheny Cnty Pa Hosp Dev Auth Rev | 1.87% |
| Philadelphia Pa Wtr & Wastewtr Rev | 1.79% |
SEIPX Portfolio Allocation
Asset-class allocation of Pennsylvania Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.5% |
| Cash & Equivalents | 6.7% |
SEIPX Performance
Total returns for SEIPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.0% |
| 1 year | 4.7% |
| 3 years (annualised) | 3.1% |
| 5 years (annualised) | 0.4% |
SEIPX Risk Information
Risk metrics for SEIPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
SEIPX Costs and Fees
SEIPX costs about $88 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.88%
- Gross expense ratio: 0.88%
- Portfolio turnover: 18%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
SEIPX Cashflows
Over the 12 months to 2026-05, Pennsylvania Municipal Bond Fund had net outflows of $2.84M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$978.36K |
| 2026-04 | $3.25M |
| 2026-03 | $411.40K |
| 2026-02 | −$604.47K |
| 2026-01 | $975.83K |
| 2025-12 | $309.66K |
SEIPX Debt Constituents
Largest debt holdings of Pennsylvania Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Philadelphia Pa Auth For Indl Dev Hosp Rev | 3.87% |
| Pennsylvania Higher Ed Assistance Agy Ed Ln Rev | 3.65% |
| Pennsylvania St | 2.57% |
| Pennsylvania St | 2.10% |
| Philadelphia Pa Wtr & Wastewtr Rev | 2.07% |
| Philadelphia Pa Hsg Auth Gtd Rev | 2.00% |
| Adams Cnty Pa Gen Auth Rev | 1.97% |
| Commonwealth Fing Auth Pa Tob Master Settlement Pmt Rev | 1.89% |
| Allegheny Cnty Pa Hosp Dev Auth Rev | 1.87% |
| Philadelphia Pa Wtr & Wastewtr Rev | 1.79% |
SEIPX Prospectus and SEC Filings
Official Pennsylvania Municipal Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-29
- Prospectus (485BPOS) — filed 2024-12-23
- Prospectus (485BPOS) — filed 2023-12-22
- Portfolio holdings (N-PORT) — filed 2026-07-29
- Portfolio holdings (N-PORT) — filed 2026-04-28
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2025-11-13
- Annual census (N-CEN) — filed 2024-11-14
Related Funds
Other Intermediate Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.