Fund Description

The fund was incepted in May 1987 and is managed by SEI Investments Management Corporation. The fund seeks current income and preservation of capital. Under normal circumstances, the fund invests at least 80% of its net assets in fixed income securities. The fund invests primarily in investment grade U.S. corporate and government fixed income securities, including mortgage-backed securities. 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 the fund adviser. Dividends are declared daily and distributed monthly. Capital gains, if any, are distributed annually.