UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSRS
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number 811-05601
SEI Institutional International Trust
(Exact name of registrant as specified in charter)
SEI Investments
One Freedom Valley Drive
Oaks, PA 19456
(Address of principal executive offices)
Timothy D. Barto, Esq.
SEI Investments Co.
One Freedom Valley Drive
Oaks, PA 19456
(Name and address of agent for service)
Registrant’s telephone number, including area
code: 1-610-676-1000
Date of fiscal year end: September 30, 2023
Date of reporting period: March 31, 2023
Item 1. Reports to Stockholders.
March 31, 2023
SEMI-ANNUAL REPORT
SEI Institutional International Trust
|
❯
|
International Equity Fund
|
|
❯
|
Emerging Markets Equity Fund
|
|
❯
|
International Fixed Income Fund
|
|
❯
|
Emerging Markets Debt Fund
|
Paper copies of the Funds’ shareholder reports are no longer sent by mail, unless you specifically request them from the Funds or from your financial intermediary, such as a broker-dealer or bank. Shareholder reports are available online and you will be notified by mail each time a report is posted on the Funds’ website and provided with a link to access the report online.
You may elect to receive all future reports in paper free of charge. If you invest through a financial intermediary, you can contact your financial intermediary to inform it that you wish to continue receiving paper copies of your shareholder reports. If you invest directly with the Funds, you can inform the Funds that you wish to continue receiving paper copies of your shareholder reports by calling 1-800-DIAL-SEI. Your election to receive reports in paper will apply to all funds held with the SEI Funds or your financial intermediary.
seic.com
TABLE OF CONTENTS
Schedule of Investments |
1 |
Statements of Assets and Liabilities |
68 |
Statements of Operations |
70 |
Statements of Changes in Net Assets |
71 |
Financial Highlights |
73 |
Notes to Financial Statements |
75 |
Disclosure of Fund Expenses |
94 |
Liquidity Risk Management Program |
95 |
Board of Trustees Considerations in Approving the Advisory Agreement |
96 |
The Trust files its complete schedule of portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The Trust’s Form N-PORT reports are available on the Commission’s website at http://www.sec.gov.
A description of the policies and procedures that the Trust uses to determine how to vote proxies relating to portfolio securities, as well as information relating to how a Fund voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, is available (i) without charge, upon request, by calling 1-800-DIAL-SEI; and (ii) on the Commission’s website at http://www.sec.gov.
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Equity Fund
†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK — 96.3% |
Australia — 3.5% |
Accent Group Ltd |
|
|
28,205 |
|
|
$ |
45 |
|
AMP Ltd |
|
|
391,695 |
|
|
|
277 |
|
ANZ Group Holdings Ltd |
|
|
1,032,095 |
|
|
|
15,936 |
|
APA Group |
|
|
72,821 |
|
|
|
496 |
|
Base Resources Ltd |
|
|
271,387 |
|
|
|
36 |
|
BHP Group Ltd |
|
|
681,729 |
|
|
|
21,594 |
|
BlueScope Steel Ltd |
|
|
884,842 |
|
|
|
12,000 |
|
Brambles Ltd |
|
|
152,557 |
|
|
|
1,378 |
|
Cochlear Ltd |
|
|
1,378 |
|
|
|
220 |
|
CSR Ltd |
|
|
669,497 |
|
|
|
2,139 |
|
EBOS Group Ltd |
|
|
11,273 |
|
|
|
329 |
|
Fortescue Metals Group Ltd |
|
|
414,961 |
|
|
|
6,250 |
|
Goodman Group ‡ |
|
|
26,150 |
|
|
|
332 |
|
Helia Group Ltd |
|
|
74,062 |
|
|
|
143 |
|
Iluka Resources Ltd |
|
|
605,747 |
|
|
|
4,332 |
|
Imdex Ltd |
|
|
106,532 |
|
|
|
161 |
|
Incitec Pivot Ltd |
|
|
2,982,668 |
|
|
|
6,297 |
|
Lottery Corp Ltd/The |
|
|
1,206,763 |
|
|
|
4,159 |
|
Macquarie Group Ltd |
|
|
15,782 |
|
|
|
1,872 |
|
Mineral Resources Ltd |
|
|
11,307 |
|
|
|
612 |
|
National Australia Bank Ltd |
|
|
98,034 |
|
|
|
1,830 |
|
Nufarm Ltd |
|
|
30,265 |
|
|
|
116 |
|
Orica Ltd |
|
|
130,606 |
|
|
|
1,352 |
|
Orora Ltd |
|
|
1,427,318 |
|
|
|
3,291 |
|
Perseus Mining Ltd |
|
|
157,393 |
|
|
|
250 |
|
Pilbara Minerals Ltd |
|
|
2,583,512 |
|
|
|
6,887 |
|
Pro Medicus Ltd |
|
|
6,422 |
|
|
|
277 |
|
Qantas Airways Ltd * |
|
|
522,794 |
|
|
|
2,338 |
|
QBE Insurance Group Ltd |
|
|
21,886 |
|
|
|
215 |
|
Rio Tinto PLC |
|
|
215,431 |
|
|
|
14,592 |
|
Rio Tinto PLC ADR |
|
|
52,782 |
|
|
|
3,621 |
|
Seven Group Holdings Ltd |
|
|
18,265 |
|
|
|
284 |
|
South32 Ltd |
|
|
4,418,837 |
|
|
|
12,976 |
|
Technology One Ltd |
|
|
34,248 |
|
|
|
337 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Transurban Group |
|
|
28,311 |
|
|
$ |
271 |
|
Wesfarmers Ltd |
|
|
47,586 |
|
|
|
1,611 |
|
Whitehaven Coal Ltd |
|
|
2,693,651 |
|
|
|
12,150 |
|
| |
|
|
|
|
|
|
141,006 |
|
| |
|
|
|
|
|
|
|
|
Austria — 0.4% |
ANDRITZ AG |
|
|
77,208 |
|
|
|
5,226 |
|
Erste Group Bank AG |
|
|
56,002 |
|
|
|
1,856 |
|
OMV AG |
|
|
182,331 |
|
|
|
8,371 |
|
Raiffeisen Bank International AG |
|
|
39,393 |
|
|
|
606 |
|
Vienna Insurance Group AG Wiener Versicherung Gruppe |
|
|
7,435 |
|
|
|
200 |
|
voestalpine AG |
|
|
10,897 |
|
|
|
370 |
|
Wienerberger AG |
|
|
8,833 |
|
|
|
256 |
|
| |
|
|
|
|
|
|
16,885 |
|
| |
|
|
|
|
|
|
|
|
Belgium — 0.3% |
Anheuser-Busch InBev SA/NV |
|
|
116,701 |
|
|
|
7,776 |
|
D'ieteren Group |
|
|
924 |
|
|
|
179 |
|
Elia Group SA/NV |
|
|
4,570 |
|
|
|
604 |
|
KBC Group NV |
|
|
15,212 |
|
|
|
1,046 |
|
Solvay SA |
|
|
8,183 |
|
|
|
937 |
|
| |
|
|
|
|
|
|
10,542 |
|
| |
|
|
|
|
|
|
|
|
Bermuda — 0.0% |
Conduit Holdings Ltd |
|
|
958 |
|
|
|
6 |
|
| |
|
|
|
|
|
|
|
|
Brazil — 1.5% |
Ambev SA * |
|
|
12,010,000 |
|
|
|
34,039 |
|
B3 SA - Brasil Bolsa Balcao |
|
|
2,249,205 |
|
|
|
4,582 |
|
Banco Bradesco SA ADR * |
|
|
1,765,539 |
|
|
|
4,626 |
|
Banco do Brasil SA |
|
|
948,200 |
|
|
|
7,320 |
|
Gerdau SA ADR |
|
|
217,781 |
|
|
|
1,074 |
|
Itau Unibanco Holding ADR * |
|
|
1,093,073 |
|
|
|
5,323 |
|
Petroleo Brasileiro SA ADR |
|
|
147,506 |
|
|
|
1,538 |
|
Yara International ASA |
|
|
57,751 |
|
|
|
2,503 |
|
| |
|
|
|
|
|
|
61,005 |
|
| |
|
|
|
|
|
|
|
|
Canada — 2.2% |
Advantage Energy Ltd * |
|
|
16,248 |
|
|
|
94 |
|
AirBoss of America Corp (A) |
|
|
4,270 |
|
|
|
24 |
|
Alimentation Couche-Tard Inc |
|
|
264,548 |
|
|
|
13,283 |
|
Black Diamond Group Ltd |
|
|
4,100 |
|
|
|
18 |
|
Canadian National Railway Co |
|
|
130,157 |
|
|
|
15,337 |
|
Canadian Pacific Railway Ltd |
|
|
130,005 |
|
|
|
10,003 |
|
Canfor Corp * |
|
|
120,381 |
|
|
|
1,932 |
|
Cascades Inc |
|
|
4,484 |
|
|
|
36 |
|
Celestica Inc * |
|
|
152,284 |
|
|
|
1,961 |
|
Coveo Solutions Inc * |
|
|
4,242 |
|
|
|
24 |
|
Crescent Point Energy Corp (A) |
|
|
474,000 |
|
|
|
3,341 |
|
Dexterra Group Inc |
|
|
104 |
|
|
|
– |
|
Doman Building Materials Group Ltd |
|
|
7,991 |
|
|
|
38 |
|
Enerplus Corp |
|
|
179,031 |
|
|
|
2,577 |
|
Enghouse Systems Ltd |
|
|
15,138 |
|
|
|
428 |
|
Ensign Energy Services Inc * |
|
|
37,800 |
|
|
|
85 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Exco Technologies Ltd |
|
|
9,200 |
|
|
$ |
52 |
|
Finning International Inc |
|
|
3,900 |
|
|
|
97 |
|
George Weston Ltd |
|
|
38,300 |
|
|
|
5,069 |
|
iA Financial Corp Inc |
|
|
74,197 |
|
|
|
4,696 |
|
Kelt Exploration Ltd * |
|
|
7,240 |
|
|
|
25 |
|
Kinaxis Inc * |
|
|
5,100 |
|
|
|
699 |
|
Leon's Furniture Ltd |
|
|
10,300 |
|
|
|
132 |
|
Magna International Inc, Cl A |
|
|
166,407 |
|
|
|
8,905 |
|
Manulife Financial Corp |
|
|
121,600 |
|
|
|
2,228 |
|
Martinrea International Inc |
|
|
88,935 |
|
|
|
957 |
|
MEG Energy Corp * |
|
|
178,600 |
|
|
|
2,865 |
|
Mullen Group Ltd (A) |
|
|
53,775 |
|
|
|
587 |
|
Parkland Corp |
|
|
13,100 |
|
|
|
314 |
|
Pason Systems Inc |
|
|
17,325 |
|
|
|
155 |
|
Pet Valu Holdings Ltd |
|
|
4,300 |
|
|
|
120 |
|
Peyto Exploration & Development Corp (A) |
|
|
126,300 |
|
|
|
1,130 |
|
Power Corp of Canada (A) |
|
|
26,300 |
|
|
|
671 |
|
Russel Metals Inc |
|
|
32,884 |
|
|
|
834 |
|
Shawcor Ltd * |
|
|
67,420 |
|
|
|
620 |
|
Spartan Delta Corp * |
|
|
3,660 |
|
|
|
38 |
|
Stelco Holdings Inc |
|
|
44,800 |
|
|
|
1,733 |
|
Stella-Jones Inc |
|
|
12,360 |
|
|
|
473 |
|
Supremex Inc |
|
|
3,540 |
|
|
|
16 |
|
TFI International Inc |
|
|
10,900 |
|
|
|
1,299 |
|
Thomson Reuters Corp |
|
|
36,405 |
|
|
|
4,730 |
|
TMX Group Ltd |
|
|
4,800 |
|
|
|
484 |
|
Torex Gold Resources Inc * |
|
|
7,008 |
|
|
|
116 |
|
Uni-Select Inc * |
|
|
60,106 |
|
|
|
2,070 |
|
Winpak Ltd |
|
|
898 |
|
|
|
29 |
|
| |
|
|
|
|
|
|
90,325 |
|
| |
|
|
|
|
|
|
|
|
China — 1.7% |
Alibaba Group Holding Ltd * |
|
|
2,199,500 |
|
|
|
27,858 |
|
Autohome Inc ADR |
|
|
1,788 |
|
|
|
60 |
|
Beijing Capital International Airport Co Ltd, Cl H * |
|
|
6,198,000 |
|
|
|
4,565 |
|
China Pacific Insurance Group Co Ltd, Cl H |
|
|
427,800 |
|
|
|
1,134 |
|
IGG Inc * |
|
|
460,000 |
|
|
|
180 |
|
Li Ning Co Ltd |
|
|
460,500 |
|
|
|
3,621 |
|
New China Life Insurance Co Ltd, Cl H |
|
|
260,300 |
|
|
|
618 |
|
Prosus NV |
|
|
10,836 |
|
|
|
847 |
|
SITC International Holdings Co Ltd |
|
|
2,232,000 |
|
|
|
4,797 |
|
Tencent Holdings Ltd |
|
|
102,700 |
|
|
|
5,019 |
|
Trip.com Group Ltd ADR * |
|
|
473,266 |
|
|
|
17,828 |
|
Vipshop Holdings Ltd ADR * |
|
|
80,091 |
|
|
|
1,216 |
|
Yangzijiang Shipbuilding Holdings Ltd |
|
|
268,000 |
|
|
|
242 |
|
| |
|
|
|
|
|
|
67,985 |
|
| |
|
|
|
|
|
|
|
|
Denmark — 2.9% |
ALK-Abello A/S * |
|
|
14,302 |
|
|
|
221 |
|
AP Moller - Maersk A/S, Cl B |
|
|
3,767 |
|
|
|
6,837 |
|
Danske Bank A/S * |
|
|
599,587 |
|
|
|
12,068 |
|
DSV A/S |
|
|
30,200 |
|
|
|
5,843 |
|
Genmab A/S * |
|
|
27,873 |
|
|
|
10,525 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
ISS A/S |
|
|
30,772 |
|
|
$ |
626 |
|
Jyske Bank A/S * |
|
|
3,386 |
|
|
|
237 |
|
Novo Nordisk A/S, Cl B |
|
|
423,396 |
|
|
|
67,049 |
|
Orsted AS |
|
|
53,370 |
|
|
|
4,541 |
|
Pandora A/S |
|
|
97,018 |
|
|
|
9,274 |
|
Sydbank AS |
|
|
4,846 |
|
|
|
218 |
|
TORM PLC, Cl A |
|
|
21,402 |
|
|
|
658 |
|
| |
|
|
|
|
|
|
118,097 |
|
| |
|
|
|
|
|
|
|
|
Finland — 1.1% |
Kemira Oyj |
|
|
1,058 |
|
|
|
19 |
|
Kesko Oyj, Cl B |
|
|
297,433 |
|
|
|
6,400 |
|
Metso Outotec Oyj |
|
|
18,874 |
|
|
|
206 |
|
Neste Oyj |
|
|
15,955 |
|
|
|
787 |
|
Nokia Oyj |
|
|
6,339,272 |
|
|
|
31,100 |
|
Nordea Bank Abp |
|
|
113,755 |
|
|
|
1,215 |
|
Orion Oyj, Cl B |
|
|
52,488 |
|
|
|
2,349 |
|
Vaisala Oyj, Cl A |
|
|
564 |
|
|
|
24 |
|
| |
|
|
|
|
|
|
42,100 |
|
| |
|
|
|
|
|
|
|
|
France — 10.9% |
Accor SA |
|
|
654,436 |
|
|
|
21,309 |
|
Air Liquide SA |
|
|
236,221 |
|
|
|
39,574 |
|
Alstom SA |
|
|
793,340 |
|
|
|
21,617 |
|
Alten SA |
|
|
6,608 |
|
|
|
1,055 |
|
Amundi SA |
|
|
453,454 |
|
|
|
28,599 |
|
AXA SA |
|
|
438,721 |
|
|
|
13,425 |
|
Beneteau SA |
|
|
30,414 |
|
|
|
509 |
|
BioMerieux |
|
|
7,557 |
|
|
|
796 |
|
BNP Paribas SA |
|
|
94,959 |
|
|
|
5,696 |
|
Bouygues SA |
|
|
363,544 |
|
|
|
12,280 |
|
Carrefour SA |
|
|
492,893 |
|
|
|
9,976 |
|
Christian Dior SE |
|
|
1,160 |
|
|
|
1,037 |
|
Cie de Saint-Gobain |
|
|
85,387 |
|
|
|
4,853 |
|
Cie Generale des Etablissements Michelin SCA |
|
|
994,527 |
|
|
|
30,411 |
|
Criteo SA ADR * |
|
|
1,256 |
|
|
|
40 |
|
Danone SA |
|
|
788,262 |
|
|
|
49,081 |
|
Dassault Aviation SA |
|
|
39,312 |
|
|
|
7,799 |
|
Eiffage SA |
|
|
4,668 |
|
|
|
506 |
|
Hermes International |
|
|
10,597 |
|
|
|
21,460 |
|
Ipsen SA |
|
|
62,682 |
|
|
|
6,912 |
|
IPSOS |
|
|
18,645 |
|
|
|
1,157 |
|
Jacquet Metals SACA |
|
|
5,998 |
|
|
|
117 |
|
Kering SA |
|
|
19,403 |
|
|
|
12,648 |
|
La Francaise des Jeux SAEM |
|
|
24,853 |
|
|
|
1,037 |
|
L'Oreal SA |
|
|
14,800 |
|
|
|
6,613 |
|
LVMH Moet Hennessy Louis Vuitton SE |
|
|
7,963 |
|
|
|
7,305 |
|
Orange SA |
|
|
1,000,810 |
|
|
|
11,908 |
|
Pernod Ricard SA |
|
|
23,434 |
|
|
|
5,313 |
|
Publicis Groupe SA |
|
|
328,816 |
|
|
|
25,643 |
|
Rexel SA |
|
|
1,652,809 |
|
|
|
39,415 |
|
Sartorius Stedim Biotech |
|
|
549 |
|
|
|
168 |
|
Savencia SA |
|
|
510 |
|
|
|
34 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Societe BIC SA |
|
|
900 |
|
|
$ |
57 |
|
Sodexo SA |
|
|
194,647 |
|
|
|
19,045 |
|
Sopra Steria Group SACA |
|
|
537 |
|
|
|
113 |
|
SPIE SA |
|
|
4,329 |
|
|
|
126 |
|
Stef SA |
|
|
602 |
|
|
|
69 |
|
Technip Energies NV |
|
|
58,227 |
|
|
|
1,243 |
|
Thales SA |
|
|
34,459 |
|
|
|
5,105 |
|
TotalEnergies SE |
|
|
123,221 |
|
|
|
7,277 |
|
Unibail-Rodamco-Westfield *‡ |
|
|
10,445 |
|
|
|
560 |
|
Valeo |
|
|
265,913 |
|
|
|
5,463 |
|
Vilmorin & Cie SA |
|
|
1,420 |
|
|
|
67 |
|
Vinci SA |
|
|
113,454 |
|
|
|
13,031 |
|
Wendel SE |
|
|
9,847 |
|
|
|
1,042 |
|
| |
|
|
|
|
|
|
441,491 |
|
| |
|
|
|
|
|
|
|
|
Germany — 8.5% |
adidas AG |
|
|
106,890 |
|
|
|
18,904 |
|
Allianz SE |
|
|
50,064 |
|
|
|
11,575 |
|
Aurubis |
|
|
4,871 |
|
|
|
450 |
|
BASF SE |
|
|
496,615 |
|
|
|
26,092 |
|
Bayer AG |
|
|
380,356 |
|
|
|
24,265 |
|
Bayerische Motoren Werke AG |
|
|
2,014 |
|
|
|
221 |
|
Beiersdorf AG |
|
|
2,490 |
|
|
|
324 |
|
Carl Zeiss Meditec AG |
|
|
36,353 |
|
|
|
5,055 |
|
Cewe Stiftung & Co KGAA |
|
|
1,443 |
|
|
|
149 |
|
Commerzbank AG |
|
|
51,673 |
|
|
|
545 |
|
Covestro AG * |
|
|
731,752 |
|
|
|
30,314 |
|
CTS Eventim AG & Co KGaA |
|
|
4,607 |
|
|
|
288 |
|
Daimler Truck Holding AG |
|
|
966,618 |
|
|
|
32,671 |
|
Deutsche Bank AG |
|
|
591,535 |
|
|
|
6,013 |
|
Deutsche Boerse AG |
|
|
61,607 |
|
|
|
12,011 |
|
Deutsche Lufthansa AG * |
|
|
1,139,746 |
|
|
|
12,705 |
|
Deutsche Telekom AG |
|
|
768,429 |
|
|
|
18,659 |
|
Deutz AG |
|
|
21,725 |
|
|
|
141 |
|
Duerr AG |
|
|
30,532 |
|
|
|
1,096 |
|
Elmos Semiconductor SE |
|
|
636 |
|
|
|
62 |
|
Encavis AG * |
|
|
12,000 |
|
|
|
206 |
|
Fresenius Medical Care AG & Co KGaA |
|
|
646,619 |
|
|
|
27,468 |
|
GEA Group AG |
|
|
14,875 |
|
|
|
678 |
|
Hannover Rueck SE |
|
|
2,795 |
|
|
|
548 |
|
HeidelbergCement AG |
|
|
42,686 |
|
|
|
3,119 |
|
HOCHTIEF AG |
|
|
7,944 |
|
|
|
663 |
|
HUGO BOSS AG |
|
|
44,540 |
|
|
|
3,199 |
|
Kloeckner & Co SE |
|
|
15,118 |
|
|
|
163 |
|
Knorr-Bremse AG |
|
|
137,430 |
|
|
|
9,150 |
|
Krones AG |
|
|
5,055 |
|
|
|
597 |
|
Linde PLC |
|
|
28,113 |
|
|
|
9,899 |
|
Mercedes-Benz Group AG |
|
|
11,964 |
|
|
|
920 |
|
Merck KGaA |
|
|
38,476 |
|
|
|
7,171 |
|
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen |
|
|
7,015 |
|
|
|
2,458 |
|
PSI Software AG * |
|
|
31 |
|
|
|
1 |
|
Rational AG |
|
|
785 |
|
|
|
526 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Rheinmetall AG |
|
|
1,277 |
|
|
$ |
380 |
|
RWE AG |
|
|
311,930 |
|
|
|
13,434 |
|
SAP SE |
|
|
385,565 |
|
|
|
48,617 |
|
Siemens AG |
|
|
55,547 |
|
|
|
9,008 |
|
Sixt SE |
|
|
1,798 |
|
|
|
239 |
|
SMA Solar Technology AG * |
|
|
2,512 |
|
|
|
270 |
|
Stabilus SE |
|
|
4,070 |
|
|
|
285 |
|
Talanx AG |
|
|
21,224 |
|
|
|
985 |
|
Vitesco Technologies Group AG * |
|
|
5,387 |
|
|
|
390 |
|
| |
|
|
|
|
|
|
341,914 |
|
| |
|
|
|
|
|
|
|
|
Greece — 0.0% |
Danaos Corp |
|
|
2,153 |
|
|
|
118 |
|
| |
|
|
|
|
|
|
|
|
Hong Kong — 1.4% |
AIA Group Ltd |
|
|
454,000 |
|
|
|
4,761 |
|
Cafe de Coral Holdings Ltd |
|
|
78,000 |
|
|
|
104 |
|
Chaoda Modern Agriculture Holdings Ltd * |
|
|
2,440,000 |
|
|
|
10 |
|
CK Asset Holdings Ltd |
|
|
79,000 |
|
|
|
479 |
|
Galaxy Entertainment Group Ltd * |
|
|
3,118,000 |
|
|
|
20,857 |
|
Hong Kong Exchanges & Clearing Ltd |
|
|
26,900 |
|
|
|
1,192 |
|
Johnson Electric Holdings Ltd |
|
|
68,837 |
|
|
|
78 |
|
Melco Resorts & Entertainment Ltd ADR * |
|
|
44,046 |
|
|
|
561 |
|
MGM China Holdings Ltd * |
|
|
329,200 |
|
|
|
407 |
|
Orient Overseas International Ltd |
|
|
12,500 |
|
|
|
240 |
|
Prudential PLC |
|
|
1,732,875 |
|
|
|
23,612 |
|
Sands China Ltd * |
|
|
1,179,200 |
|
|
|
4,096 |
|
Sun Hung Kai Properties Ltd |
|
|
23,000 |
|
|
|
322 |
|
Wharf Real Estate Investment Co Ltd |
|
|
97,000 |
|
|
|
559 |
|
Wynn Macau Ltd * |
|
|
823,600 |
|
|
|
812 |
|
| |
|
|
|
|
|
|
58,090 |
|
| |
|
|
|
|
|
|
|
|
Hungary — 0.0% |
MOL Hungarian Oil & Gas PLC |
|
|
49,088 |
|
|
|
359 |
|
| |
|
|
|
|
|
|
|
|
India — 0.2% |
Great Eastern Shipping Co Ltd/The |
|
|
18,529 |
|
|
|
146 |
|
ICICI Bank Ltd ADR |
|
|
260,357 |
|
|
|
5,618 |
|
| |
|
|
|
|
|
|
5,764 |
|
| |
|
|
|
|
|
|
|
|
Indonesia — 0.1% |
Adaro Energy Indonesia Tbk PT |
|
|
1,080,400 |
|
|
|
209 |
|
Bank Rakyat Indonesia Persero Tbk PT |
|
|
15,409,025 |
|
|
|
4,883 |
|
Delta Dunia Makmur Tbk PT |
|
|
6,958,800 |
|
|
|
141 |
|
Gudang Garam Tbk PT |
|
|
112,200 |
|
|
|
195 |
|
Hanjaya Mandala Sampoerna Tbk PT |
|
|
965,402 |
|
|
|
73 |
|
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT |
|
|
1,706,500 |
|
|
|
116 |
|
Sumber Tani Agung Resources Tbk PT |
|
|
710,100 |
|
|
|
48 |
|
Triputra Agro Persada PT |
|
|
677,010 |
|
|
|
28 |
|
| |
|
|
|
|
|
|
5,693 |
|
| |
|
|
|
|
|
|
|
|
Iraq — 0.0% |
Gulf Keystone Petroleum Ltd |
|
|
18,572 |
|
|
|
33 |
|
| |
|
|
|
|
|
|
|
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Ireland — 0.9% |
Bank of Ireland Group PLC |
|
|
1,267,412 |
|
|
$ |
12,839 |
|
Cairn Homes PLC |
|
|
25,663 |
|
|
|
28 |
|
Ryanair Holdings PLC ADR * |
|
|
246,536 |
|
|
|
23,246 |
|
| |
|
|
|
|
|
|
36,113 |
|
| |
|
|
|
|
|
|
|
|
Israel — 0.7% |
Bank Hapoalim BM |
|
|
770,163 |
|
|
|
6,364 |
|
Check Point Software Technologies Ltd * |
|
|
109,743 |
|
|
|
14,266 |
|
Elbit Systems Ltd |
|
|
1,891 |
|
|
|
320 |
|
FIBI Holdings Ltd |
|
|
10,858 |
|
|
|
406 |
|
Isracard Ltd |
|
|
– |
|
|
|
– |
|
Nice Ltd ADR * |
|
|
8,078 |
|
|
|
1,849 |
|
Perion Network Ltd * |
|
|
15,032 |
|
|
|
595 |
|
Plus500 Ltd |
|
|
73,919 |
|
|
|
1,546 |
|
Wix.com Ltd * |
|
|
39,880 |
|
|
|
3,980 |
|
YH Dimri Construction & Development Ltd |
|
|
33 |
|
|
|
2 |
|
| |
|
|
|
|
|
|
29,328 |
|
| |
|
|
|
|
|
|
|
|
Italy — 2.9% |
Azimut Holding SpA |
|
|
83,937 |
|
|
|
1,797 |
|
Banca Mediolanum SpA |
|
|
166,974 |
|
|
|
1,516 |
|
BFF Bank SpA |
|
|
34,471 |
|
|
|
343 |
|
BPER Banca |
|
|
70,973 |
|
|
|
175 |
|
Brunello Cucinelli SpA |
|
|
3,255 |
|
|
|
323 |
|
Coca-Cola HBC AG |
|
|
123,159 |
|
|
|
3,370 |
|
Danieli & C Officine Meccaniche SpA |
|
|
3,674 |
|
|
|
73 |
|
Ediliziacrobatica SpA |
|
|
1,014 |
|
|
|
20 |
|
Enel SpA |
|
|
8,644,873 |
|
|
|
52,850 |
|
Ferrari NV |
|
|
35,914 |
|
|
|
9,727 |
|
Infrastrutture Wireless Italiane SpA |
|
|
30,695 |
|
|
|
404 |
|
Intesa Sanpaolo SpA |
|
|
358,867 |
|
|
|
923 |
|
Iveco Group NV * |
|
|
36,933 |
|
|
|
350 |
|
Leonardo SpA |
|
|
272,152 |
|
|
|
3,199 |
|
Piaggio & C SpA |
|
|
50,833 |
|
|
|
217 |
|
PRADA SpA |
|
|
34,900 |
|
|
|
248 |
|
Recordati Industria Chimica e Farmaceutica SpA |
|
|
18,849 |
|
|
|
798 |
|
Saras SpA |
|
|
647,843 |
|
|
|
1,011 |
|
Stevanato Group SpA |
|
|
5,910 |
|
|
|
153 |
|
Terna - Rete Elettrica Nazionale |
|
|
138,019 |
|
|
|
1,135 |
|
UniCredit SpA |
|
|
1,927,731 |
|
|
|
36,463 |
|
| |
|
|
|
|
|
|
115,095 |
|
| |
|
|
|
|
|
|
|
|
Japan — 13.2% |
77 Bank Ltd/The |
|
|
68,364 |
|
|
|
1,114 |
|
A&D HOLON Holdings Co Ltd |
|
|
18,000 |
|
|
|
194 |
|
ABC-Mart Inc |
|
|
9,600 |
|
|
|
530 |
|
Advantest Corp |
|
|
75,159 |
|
|
|
6,951 |
|
AEON Financial Service Co Ltd |
|
|
197,300 |
|
|
|
1,838 |
|
Aidma Holdings Inc * |
|
|
7,500 |
|
|
|
226 |
|
Aisan Industry Co Ltd |
|
|
29,600 |
|
|
|
201 |
|
Ajinomoto Co Inc |
|
|
84,700 |
|
|
|
2,940 |
|
Alps Alpine Co Ltd (A) |
|
|
50,600 |
|
|
|
486 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Amada Co Ltd (A) |
|
|
38,000 |
|
|
$ |
355 |
|
Anest Iwata Corp |
|
|
4,800 |
|
|
|
36 |
|
Anritsu Corp |
|
|
85,000 |
|
|
|
784 |
|
AOKI Holdings Inc |
|
|
5,200 |
|
|
|
33 |
|
Arcs Co Ltd |
|
|
22,300 |
|
|
|
377 |
|
Asahi Group Holdings Ltd |
|
|
118,200 |
|
|
|
4,389 |
|
Asia Pile Holdings Corp |
|
|
6,900 |
|
|
|
38 |
|
Ateam Inc |
|
|
5,700 |
|
|
|
29 |
|
Avant Group Corp |
|
|
2,800 |
|
|
|
30 |
|
Axial Retailing Inc |
|
|
4,900 |
|
|
|
127 |
|
Bank of Iwate Ltd/The |
|
|
7,300 |
|
|
|
117 |
|
Bank of Saga Ltd/The |
|
|
2,900 |
|
|
|
35 |
|
BayCurrent Consulting Inc |
|
|
7,300 |
|
|
|
302 |
|
BIPROGY Inc |
|
|
185,800 |
|
|
|
4,555 |
|
BrainPad Inc * |
|
|
4,400 |
|
|
|
24 |
|
Bridgestone Corp |
|
|
137,600 |
|
|
|
5,577 |
|
Brother Industries Ltd |
|
|
63,500 |
|
|
|
954 |
|
Business Brain Showa-Ota Inc |
|
|
2,600 |
|
|
|
41 |
|
Business Engineering Corp |
|
|
1,200 |
|
|
|
27 |
|
Calbee Inc |
|
|
18,300 |
|
|
|
381 |
|
Canon Marketing Japan Inc |
|
|
90,900 |
|
|
|
2,161 |
|
Carlit Holdings Co Ltd |
|
|
5,800 |
|
|
|
30 |
|
Chiba Kogyo Bank Ltd/The |
|
|
13,000 |
|
|
|
53 |
|
Chikaranomoto Holdings Co Ltd *(A) |
|
|
9,800 |
|
|
|
115 |
|
Chino Corp |
|
|
2,700 |
|
|
|
44 |
|
Chori Co Ltd |
|
|
5,500 |
|
|
|
104 |
|
Chugai Pharmaceutical Co Ltd |
|
|
30,500 |
|
|
|
751 |
|
Citizen Watch Co Ltd |
|
|
93,200 |
|
|
|
547 |
|
CKD Corp |
|
|
5,100 |
|
|
|
83 |
|
COLOPL Inc * |
|
|
9,800 |
|
|
|
44 |
|
Concordia Financial Group Ltd |
|
|
312,200 |
|
|
|
1,148 |
|
Cosel Co Ltd |
|
|
2,600 |
|
|
|
22 |
|
Cosmo Energy Holdings Co Ltd |
|
|
10,500 |
|
|
|
339 |
|
Cota Co Ltd |
|
|
3,190 |
|
|
|
37 |
|
Daido Steel Co Ltd |
|
|
5,800 |
|
|
|
228 |
|
Dai-ichi Life Holdings Inc (A) |
|
|
347,000 |
|
|
|
6,364 |
|
Dainichiseika Color & Chemicals Manufacturing Co Ltd |
|
|
3,200 |
|
|
|
43 |
|
Daito Trust Construction Co Ltd (A) |
|
|
12,900 |
|
|
|
1,282 |
|
Daitron Co Ltd |
|
|
1,400 |
|
|
|
28 |
|
Digital Arts Inc |
|
|
4,800 |
|
|
|
186 |
|
Eiken Chemical Co Ltd |
|
|
12,500 |
|
|
|
147 |
|
Eizo Corp |
|
|
1,400 |
|
|
|
43 |
|
Elecom Co Ltd |
|
|
5,800 |
|
|
|
55 |
|
Electric Power Development Co Ltd |
|
|
30,300 |
|
|
|
486 |
|
en Japan Inc (A) |
|
|
77,800 |
|
|
|
1,340 |
|
Enigmo Inc |
|
|
6,600 |
|
|
|
25 |
|
ESPEC Corp |
|
|
4,900 |
|
|
|
75 |
|
Exedy Corp |
|
|
7,600 |
|
|
|
104 |
|
Fabrica Communications Co Ltd |
|
|
1,300 |
|
|
|
33 |
|
FANUC Corp |
|
|
927,220 |
|
|
|
33,405 |
|
FINDEX Inc |
|
|
6,300 |
|
|
|
33 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
FJ Next Holdings Co Ltd |
|
|
5,100 |
|
|
$ |
38 |
|
Forum Engineering Inc |
|
|
4,300 |
|
|
|
27 |
|
Fuji Corp/Aichi |
|
|
35,600 |
|
|
|
601 |
|
FUJIFILM Holdings Corp |
|
|
19,000 |
|
|
|
962 |
|
Fujikura Ltd |
|
|
88,000 |
|
|
|
624 |
|
Fujitsu Ltd |
|
|
60,500 |
|
|
|
8,156 |
|
Fukuoka Financial Group Inc |
|
|
345,300 |
|
|
|
6,628 |
|
Furyu Corp |
|
|
21,300 |
|
|
|
192 |
|
Futaba Industrial Co Ltd |
|
|
8,700 |
|
|
|
28 |
|
Gakken Holdings Co Ltd |
|
|
6,700 |
|
|
|
43 |
|
Gakujo Co Ltd |
|
|
2,200 |
|
|
|
27 |
|
Giken Ltd |
|
|
6,100 |
|
|
|
128 |
|
Goldwin Inc |
|
|
6,800 |
|
|
|
647 |
|
GungHo Online Entertainment Inc * |
|
|
45,900 |
|
|
|
839 |
|
H2O Retailing Corp |
|
|
20,100 |
|
|
|
226 |
|
Hachijuni Bank Ltd/The |
|
|
97,400 |
|
|
|
422 |
|
Heiwa Corp |
|
|
46,100 |
|
|
|
912 |
|
Heiwado Co Ltd |
|
|
8,800 |
|
|
|
135 |
|
Hino Motors Ltd * |
|
|
43,400 |
|
|
|
181 |
|
Hitachi Construction Machinery Co Ltd |
|
|
21,700 |
|
|
|
505 |
|
Hito Communications Holdings Inc |
|
|
5,800 |
|
|
|
70 |
|
Hodogaya Chemical Co Ltd |
|
|
700 |
|
|
|
16 |
|
Horiba Ltd |
|
|
27,000 |
|
|
|
1,617 |
|
Hoya Corp |
|
|
14,100 |
|
|
|
1,555 |
|
Hulic Co Ltd |
|
|
90,600 |
|
|
|
743 |
|
Ichikoh Industries Ltd |
|
|
7,800 |
|
|
|
28 |
|
Iida Group Holdings Co Ltd (A) |
|
|
240,900 |
|
|
|
3,924 |
|
I-NE Co Ltd * |
|
|
7,900 |
|
|
|
224 |
|
Infocom Corp |
|
|
100 |
|
|
|
2 |
|
Intelligent Wave Inc |
|
|
7,400 |
|
|
|
40 |
|
Invincible Investment Corp ‡ |
|
|
854 |
|
|
|
359 |
|
I-PEX Inc |
|
|
19,400 |
|
|
|
206 |
|
IR Japan Holdings Ltd |
|
|
16,000 |
|
|
|
283 |
|
Iriso Electronics Co Ltd |
|
|
3,200 |
|
|
|
119 |
|
Ishihara Sangyo Kaisha Ltd |
|
|
9,000 |
|
|
|
76 |
|
Isuzu Motors Ltd |
|
|
1,450,400 |
|
|
|
17,293 |
|
Iwaki Co Ltd |
|
|
3,800 |
|
|
|
37 |
|
JAC Recruitment Co Ltd |
|
|
8,800 |
|
|
|
173 |
|
Japan Electronic Materials Corp |
|
|
12,400 |
|
|
|
143 |
|
Japan Exchange Group Inc |
|
|
388,768 |
|
|
|
5,932 |
|
Japan Hotel REIT Investment Corp ‡ |
|
|
386 |
|
|
|
218 |
|
Japan Lifeline Co Ltd |
|
|
13,000 |
|
|
|
90 |
|
Japan Petroleum Exploration Co Ltd |
|
|
18,500 |
|
|
|
622 |
|
Japan Post Insurance Co Ltd (A) |
|
|
352,500 |
|
|
|
5,481 |
|
JCU Corp |
|
|
3,900 |
|
|
|
102 |
|
Jeol Ltd |
|
|
65,400 |
|
|
|
2,109 |
|
JGC Holdings Corp |
|
|
28,200 |
|
|
|
350 |
|
J-Stream Inc |
|
|
2,900 |
|
|
|
13 |
|
JTEKT Corp |
|
|
52,300 |
|
|
|
403 |
|
Justsystems Corp |
|
|
10,000 |
|
|
|
267 |
|
JVCKenwood Corp |
|
|
26,100 |
|
|
|
75 |
|
Kakaku.com Inc |
|
|
33,100 |
|
|
|
453 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Kamigumi Co Ltd |
|
|
12,700 |
|
|
$ |
266 |
|
Kao Corp |
|
|
349,900 |
|
|
|
13,588 |
|
KAWADA TECHNOLOGIES Inc |
|
|
1,000 |
|
|
|
28 |
|
Kawasaki Heavy Industries Ltd (A) |
|
|
67,000 |
|
|
|
1,463 |
|
KDDI Corp (A) |
|
|
211,600 |
|
|
|
6,510 |
|
Keio Corp |
|
|
12,000 |
|
|
|
420 |
|
Kenko Mayonnaise Co Ltd |
|
|
3,000 |
|
|
|
27 |
|
Keyence Corp |
|
|
31,575 |
|
|
|
15,439 |
|
Kimura Unity Co Ltd |
|
|
6,200 |
|
|
|
48 |
|
Kirin Holdings Co Ltd |
|
|
109,900 |
|
|
|
1,735 |
|
Kobayashi Pharmaceutical Co Ltd |
|
|
13,900 |
|
|
|
848 |
|
Kobe Steel Ltd |
|
|
154,300 |
|
|
|
1,227 |
|
Kokuyo Co Ltd |
|
|
150,400 |
|
|
|
2,130 |
|
Komatsu Ltd (A) |
|
|
1,349,400 |
|
|
|
33,420 |
|
Komori Corp |
|
|
12,000 |
|
|
|
90 |
|
Konica Minolta Inc |
|
|
575,000 |
|
|
|
2,471 |
|
Konoike Transport Co Ltd |
|
|
2,500 |
|
|
|
28 |
|
Kotobuki Spirits Co Ltd |
|
|
3,000 |
|
|
|
212 |
|
Krosaki Harima Corp |
|
|
1,300 |
|
|
|
65 |
|
Kuraray Co Ltd |
|
|
37,000 |
|
|
|
340 |
|
Kureha Corp |
|
|
3,300 |
|
|
|
211 |
|
Kyoritsu Maintenance Co Ltd |
|
|
5,300 |
|
|
|
214 |
|
Kyowa Kirin Co Ltd |
|
|
23,700 |
|
|
|
516 |
|
Kyushu Railway Co |
|
|
33,700 |
|
|
|
748 |
|
Lasertec Corp |
|
|
24,500 |
|
|
|
4,343 |
|
Lawson Inc |
|
|
76,300 |
|
|
|
3,223 |
|
Life Corp |
|
|
2,000 |
|
|
|
39 |
|
M3 Inc |
|
|
9,300 |
|
|
|
234 |
|
Macnica Holdings Inc |
|
|
11,400 |
|
|
|
324 |
|
Maezawa Kasei Industries Co Ltd |
|
|
3,700 |
|
|
|
42 |
|
Makita Corp |
|
|
497,000 |
|
|
|
12,348 |
|
Mandom Corp |
|
|
10,800 |
|
|
|
120 |
|
Mani Inc |
|
|
5,200 |
|
|
|
71 |
|
Marubeni Corp |
|
|
16,700 |
|
|
|
227 |
|
Maruwa Co Ltd/Aichi |
|
|
1,800 |
|
|
|
250 |
|
Maruzen Showa Unyu Co Ltd |
|
|
3,400 |
|
|
|
83 |
|
MatsukiyoCocokara & Co |
|
|
17,000 |
|
|
|
898 |
|
Mazda Motor Corp |
|
|
795,400 |
|
|
|
7,319 |
|
MCJ Co Ltd |
|
|
4,200 |
|
|
|
30 |
|
Media Do Co Ltd * |
|
|
7,400 |
|
|
|
79 |
|
Medical System Network Co Ltd, Cl A |
|
|
12,800 |
|
|
|
39 |
|
Megachips Corp * |
|
|
7,800 |
|
|
|
193 |
|
Megmilk Snow Brand Co Ltd |
|
|
25,400 |
|
|
|
337 |
|
Meidensha Corp |
|
|
13,300 |
|
|
|
193 |
|
Micronics Japan Co Ltd * |
|
|
21,100 |
|
|
|
213 |
|
Mimasu Semiconductor Industry Co Ltd |
|
|
17,000 |
|
|
|
379 |
|
MINEBEA MITSUMI Inc |
|
|
623,800 |
|
|
|
11,884 |
|
Mitsuba Corp |
|
|
8,900 |
|
|
|
35 |
|
Mitsubishi Corp |
|
|
64,100 |
|
|
|
2,298 |
|
Mitsubishi Electric Corp |
|
|
1,379,800 |
|
|
|
16,450 |
|
Mitsubishi Heavy Industries Ltd |
|
|
23,300 |
|
|
|
856 |
|
Mitsubishi Motors Corp * |
|
|
111,000 |
|
|
|
436 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Mitsubishi Shokuhin Co Ltd |
|
|
15,200 |
|
|
$ |
373 |
|
MIXI Inc (A) |
|
|
70,200 |
|
|
|
1,409 |
|
Mizuho Medy Co Ltd |
|
|
8,600 |
|
|
|
151 |
|
Mizuno Corp |
|
|
48,400 |
|
|
|
1,134 |
|
MonotaRO Co Ltd |
|
|
20,200 |
|
|
|
254 |
|
Morito Co Ltd |
|
|
4,300 |
|
|
|
33 |
|
MS&AD Insurance Group Holdings Inc |
|
|
171,200 |
|
|
|
5,293 |
|
Murata Manufacturing Co Ltd |
|
|
348,800 |
|
|
|
21,207 |
|
Nabtesco Corp |
|
|
19,900 |
|
|
|
488 |
|
Nachi-Fujikoshi Corp |
|
|
1,100 |
|
|
|
33 |
|
Nagaileben Co Ltd |
|
|
2,000 |
|
|
|
31 |
|
Nagano Keiki Co Ltd |
|
|
6,100 |
|
|
|
61 |
|
Naigai Trans Line Ltd |
|
|
5,300 |
|
|
|
92 |
|
NEC Corp |
|
|
45,500 |
|
|
|
1,752 |
|
NEOJAPAN Inc |
|
|
3,500 |
|
|
|
23 |
|
NET One Systems Co Ltd |
|
|
13,000 |
|
|
|
311 |
|
Nichirei Corp |
|
|
20,800 |
|
|
|
420 |
|
Nifco Inc/Japan |
|
|
7,700 |
|
|
|
218 |
|
Nihon Chouzai Co Ltd |
|
|
16,300 |
|
|
|
142 |
|
Nihon Denkei Co Ltd |
|
|
4,400 |
|
|
|
63 |
|
Nihon Kohden Corp |
|
|
10,700 |
|
|
|
290 |
|
Nihon M&A Center Holdings Inc |
|
|
27,400 |
|
|
|
205 |
|
Nihon Parkerizing Co Ltd |
|
|
3,600 |
|
|
|
27 |
|
Nihon Trim Co Ltd |
|
|
5,200 |
|
|
|
119 |
|
Nikon Corp (A) |
|
|
232,600 |
|
|
|
2,382 |
|
Nippon Concept Corp |
|
|
4,100 |
|
|
|
52 |
|
NIPPON EXPRESS HOLDINGS INC |
|
|
10,700 |
|
|
|
644 |
|
Nippon Paint Holdings Co Ltd |
|
|
80,500 |
|
|
|
755 |
|
Nippon Seisen Co Ltd |
|
|
1,400 |
|
|
|
48 |
|
Nippon Shinyaku Co Ltd |
|
|
18,000 |
|
|
|
792 |
|
Nippon Shokubai Co Ltd |
|
|
2,500 |
|
|
|
100 |
|
Nippon Steel Corp |
|
|
42,500 |
|
|
|
1,000 |
|
Nippon Steel Trading Corp * |
|
|
3,500 |
|
|
|
245 |
|
Nippon Telegraph & Telephone Corp |
|
|
29,400 |
|
|
|
877 |
|
Nippon Thompson Co Ltd |
|
|
13,600 |
|
|
|
60 |
|
Nippon Yusen KK |
|
|
110,600 |
|
|
|
2,577 |
|
Nissan Motor Co Ltd |
|
|
456,800 |
|
|
|
1,725 |
|
Nissei ASB Machine Co Ltd |
|
|
900 |
|
|
|
27 |
|
Nissha Co Ltd |
|
|
5,900 |
|
|
|
83 |
|
Nisshin Seifun Group Inc |
|
|
44,400 |
|
|
|
518 |
|
Nisshinbo Holdings Inc |
|
|
88,600 |
|
|
|
677 |
|
Nissin Corp |
|
|
2,200 |
|
|
|
35 |
|
Nissin Foods Holdings Co Ltd |
|
|
12,200 |
|
|
|
1,113 |
|
Nisso Corp |
|
|
3,900 |
|
|
|
21 |
|
Nitto Kohki Co Ltd |
|
|
2,200 |
|
|
|
30 |
|
Nittoc Construction Co Ltd |
|
|
10,000 |
|
|
|
73 |
|
Noda Corp |
|
|
2,900 |
|
|
|
27 |
|
North Pacific Bank Ltd |
|
|
97,500 |
|
|
|
204 |
|
Obara Group Inc |
|
|
5,000 |
|
|
|
149 |
|
OBIC Business Consultants Co Ltd |
|
|
3,100 |
|
|
|
117 |
|
Okabe Co Ltd |
|
|
8,200 |
|
|
|
48 |
|
OKUMA Corp |
|
|
1,800 |
|
|
|
80 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Okuwa Co Ltd |
|
|
81,900 |
|
|
$ |
522 |
|
Omron Corp |
|
|
12,700 |
|
|
|
742 |
|
One Career Inc * |
|
|
1,300 |
|
|
|
44 |
|
Ono Pharmaceutical Co Ltd |
|
|
214,375 |
|
|
|
4,457 |
|
Onward Holdings Co Ltd |
|
|
83,900 |
|
|
|
243 |
|
Optim Corp * |
|
|
7,100 |
|
|
|
50 |
|
Optorun Co Ltd |
|
|
31,300 |
|
|
|
525 |
|
Oracle Corp Japan * |
|
|
6,700 |
|
|
|
483 |
|
Oriental Land Co Ltd/Japan |
|
|
23,000 |
|
|
|
786 |
|
ORIX Corp |
|
|
335,628 |
|
|
|
5,521 |
|
Oro Co Ltd |
|
|
2,100 |
|
|
|
34 |
|
Otsuka Corp |
|
|
18,500 |
|
|
|
656 |
|
Otsuka Holdings Co Ltd |
|
|
57,800 |
|
|
|
1,831 |
|
PC Depot Corp |
|
|
16,700 |
|
|
|
37 |
|
Pegasus Co Ltd |
|
|
8,800 |
|
|
|
42 |
|
Persol Holdings Co Ltd |
|
|
163,600 |
|
|
|
3,286 |
|
Pickles Holdings Co Ltd |
|
|
6,100 |
|
|
|
54 |
|
Plus Alpha Consulting Co Ltd |
|
|
1,900 |
|
|
|
43 |
|
Pola Orbis Holdings Inc |
|
|
16,400 |
|
|
|
213 |
|
Pronexus Inc |
|
|
3,300 |
|
|
|
24 |
|
Proto Corp |
|
|
4,400 |
|
|
|
39 |
|
QB Net Holdings Co Ltd |
|
|
2,400 |
|
|
|
26 |
|
Qol Holdings Co Ltd |
|
|
14,100 |
|
|
|
124 |
|
Recruit Holdings Co Ltd |
|
|
256,600 |
|
|
|
7,042 |
|
Relo Group Inc |
|
|
13,200 |
|
|
|
210 |
|
Resona Holdings Inc (A) |
|
|
3,134,400 |
|
|
|
15,085 |
|
Resorttrust Inc |
|
|
7,500 |
|
|
|
119 |
|
Ricoh Co Ltd |
|
|
40,700 |
|
|
|
305 |
|
Ride On Express Holdings Co Ltd |
|
|
6,000 |
|
|
|
49 |
|
Riken Technos Corp |
|
|
7,100 |
|
|
|
32 |
|
Riken Vitamin Co Ltd |
|
|
5,400 |
|
|
|
78 |
|
Rohm Co Ltd |
|
|
10,600 |
|
|
|
881 |
|
Rohto Pharmaceutical Co Ltd |
|
|
6,000 |
|
|
|
125 |
|
RS Technologies Co Ltd * |
|
|
1,600 |
|
|
|
39 |
|
Sakai Chemical Industry Co Ltd |
|
|
5,100 |
|
|
|
68 |
|
Sakai Heavy Industries Ltd |
|
|
1,000 |
|
|
|
30 |
|
Sakai Moving Service Co Ltd |
|
|
2,300 |
|
|
|
80 |
|
Sakata Seed Corp |
|
|
3,200 |
|
|
|
94 |
|
Sangetsu Corp |
|
|
17,800 |
|
|
|
300 |
|
Sanken Electric Co Ltd |
|
|
11,100 |
|
|
|
889 |
|
Sankyo Co Ltd |
|
|
135,400 |
|
|
|
5,640 |
|
Sankyu Inc |
|
|
5,600 |
|
|
|
207 |
|
Sanwa Holdings Corp (A) |
|
|
198,000 |
|
|
|
2,119 |
|
Sanyo Shokai Ltd |
|
|
13,700 |
|
|
|
161 |
|
Sato Holdings Corp |
|
|
7,000 |
|
|
|
116 |
|
SCREEN Holdings Co Ltd |
|
|
22,200 |
|
|
|
1,965 |
|
Sega Sammy Holdings Inc |
|
|
17,300 |
|
|
|
328 |
|
Seiko Epson Corp (A) |
|
|
129,800 |
|
|
|
1,850 |
|
Seino Holdings Co Ltd |
|
|
26,200 |
|
|
|
289 |
|
SERAKU Co Ltd |
|
|
3,000 |
|
|
|
37 |
|
Seven & i Holdings Co Ltd |
|
|
124,700 |
|
|
|
5,620 |
|
Shibaura Machine Co Ltd |
|
|
13,000 |
|
|
|
310 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Shibaura Mechatronics Corp |
|
|
6,300 |
|
|
$ |
770 |
|
Shibuya Corp |
|
|
2,900 |
|
|
|
55 |
|
Shimamura Co Ltd |
|
|
32,300 |
|
|
|
3,280 |
|
Shimojima Co Ltd |
|
|
3,600 |
|
|
|
27 |
|
Shindengen Electric Manufacturing Co Ltd |
|
|
10,600 |
|
|
|
268 |
|
Shinnihon Corp |
|
|
3,900 |
|
|
|
28 |
|
Shofu Inc |
|
|
4,300 |
|
|
|
66 |
|
SIGMAXYZ Holdings Inc |
|
|
7,000 |
|
|
|
60 |
|
Sinfonia Technology Co Ltd |
|
|
4,200 |
|
|
|
50 |
|
Sinko Industries Ltd |
|
|
2,200 |
|
|
|
27 |
|
SMK Corp |
|
|
1,300 |
|
|
|
24 |
|
SMS Co Ltd |
|
|
19,300 |
|
|
|
468 |
|
Socionext Inc |
|
|
6,100 |
|
|
|
449 |
|
SoftBank Corp |
|
|
148,900 |
|
|
|
1,715 |
|
Soliton Systems KK |
|
|
5,500 |
|
|
|
45 |
|
Sony Group Corp |
|
|
79,687 |
|
|
|
7,241 |
|
Sosei Group Corp * |
|
|
12,400 |
|
|
|
212 |
|
Speee Inc * |
|
|
2,100 |
|
|
|
23 |
|
Sprix Inc |
|
|
1,500 |
|
|
|
10 |
|
Step Co Ltd |
|
|
1,900 |
|
|
|
27 |
|
Strike Co Ltd |
|
|
800 |
|
|
|
23 |
|
Subaru Corp (A) |
|
|
1,401,600 |
|
|
|
22,322 |
|
Sumitomo Metal Mining Co Ltd |
|
|
9,700 |
|
|
|
370 |
|
Sumitomo Mitsui Financial Group Inc |
|
|
374,100 |
|
|
|
14,935 |
|
Sumitomo Pharma Co Ltd |
|
|
16,800 |
|
|
|
103 |
|
Sumitomo Realty & Development Co Ltd |
|
|
9,100 |
|
|
|
205 |
|
Sun-Wa Technos Corp |
|
|
2,600 |
|
|
|
38 |
|
Suzuken Co Ltd/Aichi Japan |
|
|
4,200 |
|
|
|
106 |
|
T&D Holdings Inc |
|
|
403,700 |
|
|
|
4,992 |
|
Taihei Dengyo Kaisha Ltd |
|
|
800 |
|
|
|
25 |
|
Takara & Co Ltd |
|
|
2,600 |
|
|
|
44 |
|
Takara Holdings Inc |
|
|
15,200 |
|
|
|
117 |
|
Takashimaya Co Ltd |
|
|
64,300 |
|
|
|
936 |
|
Takeda Pharmaceutical Co Ltd (A) |
|
|
977,900 |
|
|
|
32,042 |
|
Takuma Co Ltd |
|
|
4,300 |
|
|
|
43 |
|
TechMatrix Corp |
|
|
12,700 |
|
|
|
143 |
|
Techno Quartz Inc |
|
|
1,200 |
|
|
|
38 |
|
Temairazu Inc |
|
|
6,600 |
|
|
|
236 |
|
Tera Probe Inc |
|
|
2,447 |
|
|
|
53 |
|
TIS Inc |
|
|
40,000 |
|
|
|
1,055 |
|
Tobu Railway Co Ltd |
|
|
22,200 |
|
|
|
530 |
|
Tocalo Co Ltd |
|
|
4,500 |
|
|
|
44 |
|
Tochigi Bank Ltd/The |
|
|
12,400 |
|
|
|
26 |
|
Toho Co Ltd/Kobe |
|
|
2,700 |
|
|
|
45 |
|
Toho Co Ltd/Tokyo |
|
|
15,100 |
|
|
|
578 |
|
Tohoku Electric Power Co Inc * |
|
|
95,000 |
|
|
|
471 |
|
Tokio Marine Holdings Inc |
|
|
76,200 |
|
|
|
1,463 |
|
Tokyo Electron Ltd |
|
|
63,900 |
|
|
|
7,788 |
|
Tokyo Seimitsu Co Ltd |
|
|
65,800 |
|
|
|
2,548 |
|
Tokyotokeiba Co Ltd |
|
|
8,200 |
|
|
|
250 |
|
Tomoku Co Ltd |
|
|
3,700 |
|
|
|
45 |
|
Tomy Co Ltd |
|
|
61,400 |
|
|
|
686 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Tonami Holdings Co Ltd |
|
|
800 |
|
|
$ |
25 |
|
Topcon Corp |
|
|
53,800 |
|
|
|
726 |
|
Toray Industries Inc |
|
|
2,326,100 |
|
|
|
13,276 |
|
Tosho Co Ltd |
|
|
14,200 |
|
|
|
124 |
|
TOTO Ltd |
|
|
11,700 |
|
|
|
391 |
|
Toyo Engineering Corp * |
|
|
26,300 |
|
|
|
112 |
|
Toyota Motor Corp |
|
|
43,400 |
|
|
|
616 |
|
Transcosmos Inc * |
|
|
5,100 |
|
|
|
121 |
|
Trusco Nakayama Corp |
|
|
5,500 |
|
|
|
93 |
|
Tsubakimoto Chain Co |
|
|
8,600 |
|
|
|
209 |
|
Tsukuba Bank Ltd |
|
|
19,500 |
|
|
|
31 |
|
Tsuruha Holdings Inc |
|
|
8,800 |
|
|
|
587 |
|
TYK Corp/Tokyo |
|
|
11,000 |
|
|
|
27 |
|
Unicharm Corp |
|
|
42,000 |
|
|
|
1,722 |
|
Unipres Corp |
|
|
3,900 |
|
|
|
27 |
|
United Arrows Ltd |
|
|
13,700 |
|
|
|
199 |
|
USS Co Ltd |
|
|
24,900 |
|
|
|
431 |
|
V Technology Co Ltd |
|
|
4,600 |
|
|
|
98 |
|
Valor Holdings Co Ltd |
|
|
8,900 |
|
|
|
129 |
|
ValueCommerce Co Ltd |
|
|
18,600 |
|
|
|
239 |
|
VINX Corp |
|
|
2,300 |
|
|
|
23 |
|
Visional Inc * |
|
|
5,800 |
|
|
|
326 |
|
Warabeya Nichiyo Holdings Co Ltd |
|
|
25,400 |
|
|
|
347 |
|
Waseda Academy Co Ltd |
|
|
3,100 |
|
|
|
29 |
|
WingArc1st Inc |
|
|
12,700 |
|
|
|
188 |
|
Xebio Holdings Co Ltd |
|
|
7,200 |
|
|
|
57 |
|
Yamae Group Holdings Co Ltd |
|
|
2,800 |
|
|
|
38 |
|
Yamaichi Electronics Co Ltd |
|
|
6,300 |
|
|
|
94 |
|
Yamato Holdings Co Ltd |
|
|
23,300 |
|
|
|
399 |
|
Yamazaki Baking Co Ltd |
|
|
25,000 |
|
|
|
301 |
|
Yamazen Corp |
|
|
10,200 |
|
|
|
78 |
|
Yokogawa Electric Corp |
|
|
43,300 |
|
|
|
703 |
|
Yokohama Rubber Co Ltd/The |
|
|
12,900 |
|
|
|
273 |
|
Yokowo Co Ltd |
|
|
4,800 |
|
|
|
76 |
|
Yorozu Corp |
|
|
5,500 |
|
|
|
35 |
|
Yossix Holdings Co Ltd (A) |
|
|
4,600 |
|
|
|
73 |
|
ZIGExN Co Ltd |
|
|
12,900 |
|
|
|
47 |
|
ZOZO Inc |
|
|
21,400 |
|
|
|
488 |
|
Zuken Inc |
|
|
5,000 |
|
|
|
130 |
|
| |
|
|
|
|
|
|
533,848 |
|
| |
|
|
|
|
|
|
|
|
Luxembourg — 0.6% |
ArcelorMittal SA |
|
|
727,508 |
|
|
|
22,028 |
|
| |
|
|
|
|
|
|
|
|
Malaysia — 0.0% |
Genting Plantations Bhd |
|
|
31,100 |
|
|
|
42 |
|
Power Root Bhd |
|
|
61,500 |
|
|
|
29 |
|
Taliworks Corp Bhd |
|
|
143,900 |
|
|
|
28 |
|
| |
|
|
|
|
|
|
99 |
|
| |
|
|
|
|
|
|
|
|
Malta — 0.0% |
BGP Holdings *(B) |
|
|
198,683 |
|
|
|
– |
|
| |
|
|
|
|
|
|
|
|
Mexico — 0.0% |
Grupo Herdez SAB de CV |
|
|
27,929 |
|
|
|
71 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
| |
|
|
|
|
|
|
|
|
Netherlands — 6.2% |
ABN AMRO Bank NV |
|
|
248,859 |
|
|
$ |
3,953 |
|
Adyen NV * |
|
|
5,406 |
|
|
|
8,570 |
|
Akzo Nobel NV |
|
|
274,433 |
|
|
|
21,461 |
|
ASM International NV |
|
|
15,072 |
|
|
|
6,090 |
|
ASML Holding NV, Cl G |
|
|
12,318 |
|
|
|
8,385 |
|
EXOR NV * |
|
|
37,572 |
|
|
|
3,096 |
|
Flow Traders Ltd |
|
|
1,607 |
|
|
|
47 |
|
HAL Trust |
|
|
421 |
|
|
|
57 |
|
Heineken Holding NV |
|
|
49,630 |
|
|
|
4,559 |
|
Heineken NV |
|
|
8,385 |
|
|
|
902 |
|
IMCD NV |
|
|
1,259 |
|
|
|
206 |
|
ING Groep NV |
|
|
3,196,083 |
|
|
|
37,953 |
|
Koninklijke Ahold Delhaize NV |
|
|
1,000,836 |
|
|
|
34,241 |
|
Koninklijke DSM NV |
|
|
4,561 |
|
|
|
539 |
|
Koninklijke Philips NV * |
|
|
2,028,204 |
|
|
|
37,099 |
|
Koninklijke Vopak NV |
|
|
6,772 |
|
|
|
239 |
|
Randstad NV (A) |
|
|
623,974 |
|
|
|
37,014 |
|
Shell PLC |
|
|
1,080,629 |
|
|
|
31,100 |
|
TomTom NV * |
|
|
8,612 |
|
|
|
71 |
|
Wolters Kluwer NV |
|
|
114,680 |
|
|
|
14,496 |
|
| |
|
|
|
|
|
|
250,078 |
|
| |
|
|
|
|
|
|
|
|
New Zealand — 0.0% |
Auckland International Airport Ltd * |
|
|
40,128 |
|
|
|
219 |
|
Fisher & Paykel Healthcare Corp Ltd |
|
|
18,376 |
|
|
|
307 |
|
| |
|
|
|
|
|
|
526 |
|
| |
|
|
|
|
|
|
|
|
Norway — 0.3% |
Bouvet ASA |
|
|
9,949 |
|
|
|
61 |
|
DNB Bank ASA |
|
|
69,219 |
|
|
|
1,238 |
|
Equinor ASA |
|
|
399,605 |
|
|
|
11,397 |
|
Hoegh Autoliners ASA |
|
|
15,224 |
|
|
|
86 |
|
Kongsberg Gruppen ASA |
|
|
19,410 |
|
|
|
784 |
|
Mowi ASA |
|
|
177 |
|
|
|
3 |
|
Stolt-Nielsen Ltd |
|
|
1,480 |
|
|
|
47 |
|
| |
|
|
|
|
|
|
13,616 |
|
| |
|
|
|
|
|
|
|
|
Peru — 0.1% |
Credicorp Ltd |
|
|
13,477 |
|
|
|
1,784 |
|
| |
|
|
|
|
|
|
|
|
Portugal — 0.3% |
EDP - Energias de Portugal SA |
|
|
66,205 |
|
|
|
361 |
|
Jeronimo Martins SGPS SA |
|
|
503,559 |
|
|
|
11,828 |
|
| |
|
|
|
|
|
|
12,189 |
|
| |
|
|
|
|
|
|
|
|
Qatar — 0.0% |
Ooredoo QPSC |
|
|
171,417 |
|
|
|
442 |
|
| |
|
|
|
|
|
|
|
|
Saudi Arabia — 0.5% |
Alamar Foods |
|
|
1,628 |
|
|
|
62 |
|
Dar Al Arkan Real Estate Development Co * |
|
|
1,983,104 |
|
|
|
8,464 |
|
Dr Sulaiman Al Habib Medical Services Group Co |
|
|
5,474 |
|
|
|
425 |
|
Elm Co |
|
|
17,296 |
|
|
|
2,036 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Etihad Etisalat Co |
|
|
175,376 |
|
|
$ |
1,927 |
|
Middle East Healthcare Co * |
|
|
34,943 |
|
|
|
351 |
|
Mobile Telecommunications Co Saudi Arabia |
|
|
419,878 |
|
|
|
1,454 |
|
National Co for Learning & Education |
|
|
3,345 |
|
|
|
89 |
|
Saudi Basic Industries Corp |
|
|
1,089 |
|
|
|
26 |
|
Saudi Electricity Co |
|
|
969,527 |
|
|
|
6,034 |
|
Saudi Investment Bank/The |
|
|
130,367 |
|
|
|
575 |
|
Savola Group/The |
|
|
8,485 |
|
|
|
63 |
|
| |
|
|
|
|
|
|
21,506 |
|
| |
|
|
|
|
|
|
|
|
Singapore — 1.0% |
City Developments Ltd |
|
|
50,000 |
|
|
|
278 |
|
DBS Group Holdings Ltd |
|
|
352,400 |
|
|
|
8,769 |
|
Genting Singapore Ltd |
|
|
7,596,100 |
|
|
|
6,417 |
|
Jardine Cycle & Carriage Ltd |
|
|
9,700 |
|
|
|
229 |
|
Keppel Corp Ltd |
|
|
74,300 |
|
|
|
315 |
|
Sea Ltd ADR * |
|
|
5,705 |
|
|
|
494 |
|
Sembcorp Marine Ltd * |
|
|
4,437,500 |
|
|
|
399 |
|
Singapore Airlines Ltd |
|
|
339,600 |
|
|
|
1,466 |
|
STMicroelectronics NV |
|
|
148,238 |
|
|
|
7,884 |
|
STMicroelectronics NV, Cl Y |
|
|
104,180 |
|
|
|
5,573 |
|
United Overseas Bank Ltd |
|
|
314,500 |
|
|
|
7,061 |
|
Venture Corp Ltd |
|
|
36,100 |
|
|
|
481 |
|
| |
|
|
|
|
|
|
39,366 |
|
| |
|
|
|
|
|
|
|
|
South Africa — 0.4% |
Anglo American PLC |
|
|
502,590 |
|
|
|
16,642 |
|
DataTec Ltd |
|
|
100,188 |
|
|
|
213 |
|
Thungela Resources Ltd |
|
|
3,967 |
|
|
|
45 |
|
| |
|
|
|
|
|
|
16,900 |
|
| |
|
|
|
|
|
|
|
|
South Korea — 1.9% |
BNK Financial Group Inc |
|
|
691,155 |
|
|
|
3,467 |
|
Daeduck Co Ltd |
|
|
6,233 |
|
|
|
32 |
|
JLS Co Ltd |
|
|
2,609 |
|
|
|
15 |
|
LG Electronics Inc |
|
|
361 |
|
|
|
32 |
|
Samsung Electronics Co Ltd |
|
|
1,017,230 |
|
|
|
50,303 |
|
SaraminHR Co Ltd |
|
|
1,991 |
|
|
|
37 |
|
Shinhan Financial Group Co Ltd |
|
|
353,824 |
|
|
|
9,612 |
|
SK Hynix Inc |
|
|
199,241 |
|
|
|
13,635 |
|
| |
|
|
|
|
|
|
77,133 |
|
| |
|
|
|
|
|
|
|
|
Spain — 3.4% |
ACS Actividades de Construccion y Servicios SA |
|
|
22,079 |
|
|
|
704 |
|
Aena SME SA |
|
|
101,579 |
|
|
|
16,433 |
|
Amadeus IT Group SA, Cl A |
|
|
641,840 |
|
|
|
42,997 |
|
Applus Services SA |
|
|
6,001 |
|
|
|
47 |
|
Banco Bilbao Vizcaya Argentaria SA (A) |
|
|
1,115,597 |
|
|
|
7,964 |
|
Banco Santander SA |
|
|
161,852 |
|
|
|
602 |
|
CaixaBank SA (A) |
|
|
5,473,586 |
|
|
|
21,313 |
|
Cia de Distribucion Integral Logista Holdings SA |
|
|
17,190 |
|
|
|
430 |
|
Corp ACCIONA Energias Renovables SA |
|
|
7,881 |
|
|
|
306 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Iberdrola SA |
|
|
927,051 |
|
|
$ |
11,568 |
|
Indra Sistemas SA |
|
|
19,373 |
|
|
|
262 |
|
Industria de Diseno Textil SA |
|
|
999,908 |
|
|
|
33,568 |
|
Merlin Properties Socimi SA ‡ |
|
|
27,921 |
|
|
|
245 |
|
Unicaja Banco SA |
|
|
286,354 |
|
|
|
307 |
|
| |
|
|
|
|
|
|
136,746 |
|
| |
|
|
|
|
|
|
|
|
Sweden — 1.7% |
Atlas Copco AB, Cl A |
|
|
266,106 |
|
|
|
3,376 |
|
Beijer Ref AB, Cl B |
|
|
21,181 |
|
|
|
371 |
|
Betsson AB, Cl B |
|
|
44,087 |
|
|
|
419 |
|
Boliden AB |
|
|
4,929 |
|
|
|
194 |
|
Castellum AB * |
|
|
56,834 |
|
|
|
660 |
|
EQT AB |
|
|
193,034 |
|
|
|
3,920 |
|
Essity AB, Cl B (A) |
|
|
609,780 |
|
|
|
17,430 |
|
Evolution AB |
|
|
56,669 |
|
|
|
7,586 |
|
Fortnox AB |
|
|
34,800 |
|
|
|
238 |
|
H & M Hennes & Mauritz AB, Cl B (A) |
|
|
625,820 |
|
|
|
8,921 |
|
Hexatronic Group AB |
|
|
41,925 |
|
|
|
477 |
|
Nordnet AB publ |
|
|
13,241 |
|
|
|
218 |
|
Sandvik AB |
|
|
12,198 |
|
|
|
258 |
|
Securitas AB, Cl B |
|
|
2,100,522 |
|
|
|
18,693 |
|
Swedbank AB, Cl A (A) |
|
|
383,678 |
|
|
|
6,296 |
|
Volvo AB, Cl B |
|
|
10,506 |
|
|
|
217 |
|
| |
|
|
|
|
|
|
69,274 |
|
| |
|
|
|
|
|
|
|
|
Switzerland — 4.8% |
ABB Ltd |
|
|
76,380 |
|
|
|
2,623 |
|
Alcon Inc |
|
|
80,226 |
|
|
|
5,682 |
|
Burckhardt Compression Holding AG |
|
|
197 |
|
|
|
122 |
|
Cembra Money Bank AG |
|
|
2,486 |
|
|
|
196 |
|
Chocoladefabriken Lindt & Spruengli AG |
|
|
62 |
|
|
|
733 |
|
Cie Financiere Richemont SA, Cl A |
|
|
163,214 |
|
|
|
26,066 |
|
dormakaba Holding AG |
|
|
2,385 |
|
|
|
1,019 |
|
Fenix Outdoor International AG |
|
|
283 |
|
|
|
24 |
|
Geberit AG |
|
|
793 |
|
|
|
442 |
|
Georg Fischer AG |
|
|
4,645 |
|
|
|
360 |
|
Implenia AG |
|
|
1,932 |
|
|
|
81 |
|
Julius Baer Group Ltd |
|
|
275,354 |
|
|
|
18,784 |
|
Kuehne + Nagel International AG |
|
|
45,429 |
|
|
|
13,521 |
|
Lonza Group AG |
|
|
15,652 |
|
|
|
9,379 |
|
Novartis AG |
|
|
273,882 |
|
|
|
25,111 |
|
Partners Group Holding AG |
|
|
5,042 |
|
|
|
4,729 |
|
Sika AG |
|
|
24,255 |
|
|
|
6,784 |
|
Swatch Group AG/The |
|
|
89,936 |
|
|
|
30,853 |
|
Swiss Life Holding AG |
|
|
1,500 |
|
|
|
925 |
|
Swisscom AG |
|
|
3,320 |
|
|
|
2,119 |
|
Swissquote Group Holding SA |
|
|
1,349 |
|
|
|
263 |
|
u-blox Holding AG |
|
|
871 |
|
|
|
122 |
|
UBS Group AG |
|
|
1,651,076 |
|
|
|
34,863 |
|
Zurich Insurance Group AG |
|
|
18,189 |
|
|
|
8,715 |
|
| |
|
|
|
|
|
|
193,516 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Taiwan — 1.2% |
Ampire Co Ltd |
|
|
17,000 |
|
|
$ |
22 |
|
Apacer Technology Inc |
|
|
23,000 |
|
|
|
39 |
|
Emerging Display Technologies Corp |
|
|
48,000 |
|
|
|
41 |
|
Evergreen Marine Corp Taiwan Ltd |
|
|
1,590,600 |
|
|
|
8,331 |
|
Global Lighting Technologies Inc |
|
|
13,000 |
|
|
|
25 |
|
Hon Hai Precision Industry Co Ltd |
|
|
9,925,000 |
|
|
|
33,973 |
|
ITE Technology Inc |
|
|
43,000 |
|
|
|
127 |
|
Novatek Microelectronics Corp |
|
|
446,000 |
|
|
|
6,338 |
|
Realtek Semiconductor Corp |
|
|
79,000 |
|
|
|
1,009 |
|
Taiwan FU Hsing Industrial Co Ltd |
|
|
21,000 |
|
|
|
30 |
|
Unizyx Holding Corp |
|
|
155,000 |
|
|
|
190 |
|
| |
|
|
|
|
|
|
50,125 |
|
| |
|
|
|
|
|
|
|
|
Thailand — 0.1% |
Bangkok Bank PCL NVDR |
|
|
318,900 |
|
|
|
1,415 |
|
Banpu PCL NVDR (A) |
|
|
7,565,700 |
|
|
|
2,393 |
|
Lanna Resources PCL NVDR (A) |
|
|
155,400 |
|
|
|
67 |
|
| |
|
|
|
|
|
|
3,875 |
|
| |
|
|
|
|
|
|
|
|
United Kingdom — 15.5% |
4imprint Group PLC |
|
|
596 |
|
|
|
35 |
|
Accenture PLC, Cl A |
|
|
34,348 |
|
|
|
9,817 |
|
AG Barr PLC |
|
|
22,151 |
|
|
|
138 |
|
AJ Bell PLC |
|
|
26,807 |
|
|
|
114 |
|
Aon PLC, Cl A |
|
|
25,478 |
|
|
|
8,033 |
|
Aptiv PLC * |
|
|
53,764 |
|
|
|
6,032 |
|
Ashtead Group PLC |
|
|
83,276 |
|
|
|
5,105 |
|
AstraZeneca PLC |
|
|
220,167 |
|
|
|
30,576 |
|
Aviva PLC |
|
|
2,073,078 |
|
|
|
10,361 |
|
B&M European Value Retail SA |
|
|
983,309 |
|
|
|
5,861 |
|
BAE Systems PLC |
|
|
317,504 |
|
|
|
3,857 |
|
Barclays PLC |
|
|
16,552,641 |
|
|
|
29,840 |
|
Berkeley Group Holdings PLC |
|
|
95,818 |
|
|
|
4,972 |
|
BP PLC |
|
|
1,262,538 |
|
|
|
7,974 |
|
BP PLC ADR |
|
|
415,692 |
|
|
|
15,771 |
|
British American Tobacco PLC |
|
|
170,017 |
|
|
|
5,971 |
|
Burberry Group PLC |
|
|
62,447 |
|
|
|
1,997 |
|
Centrica PLC |
|
|
3,866,133 |
|
|
|
5,069 |
|
Clarkson PLC |
|
|
734 |
|
|
|
28 |
|
CNH Industrial NV |
|
|
340,658 |
|
|
|
5,211 |
|
Coca-Cola Europacific Partners PLC |
|
|
99,670 |
|
|
|
5,899 |
|
Compass Group PLC |
|
|
991,871 |
|
|
|
24,933 |
|
Computacenter PLC |
|
|
50,387 |
|
|
|
1,332 |
|
Crest Nicholson Holdings plc |
|
|
9,519 |
|
|
|
26 |
|
Croda International PLC |
|
|
10,092 |
|
|
|
811 |
|
Diageo PLC |
|
|
736,752 |
|
|
|
32,922 |
|
Experian PLC |
|
|
136,910 |
|
|
|
4,503 |
|
Ferguson PLC |
|
|
75,081 |
|
|
|
9,887 |
|
Ferrexpo PLC |
|
|
524,939 |
|
|
|
765 |
|
Greggs PLC |
|
|
85,192 |
|
|
|
2,922 |
|
GSK PLC |
|
|
1,222,405 |
|
|
|
21,598 |
|
GSK PLC ADR |
|
|
59,195 |
|
|
|
2,106 |
|
Haleon PLC |
|
|
287,555 |
|
|
|
1,145 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Howden Joinery Group PLC |
|
|
245,483 |
|
|
$ |
2,119 |
|
HSBC Holdings PLC |
|
|
2,994,866 |
|
|
|
20,355 |
|
Hunting PLC |
|
|
29,771 |
|
|
|
87 |
|
ICON PLC * |
|
|
52,975 |
|
|
|
11,315 |
|
Inchcape PLC |
|
|
290,147 |
|
|
|
2,778 |
|
Intertek Group PLC |
|
|
237,840 |
|
|
|
11,919 |
|
Investec PLC |
|
|
1,414,321 |
|
|
|
7,875 |
|
J Sainsbury PLC |
|
|
8,510,226 |
|
|
|
29,326 |
|
Just Group PLC |
|
|
553,597 |
|
|
|
588 |
|
London Stock Exchange Group PLC |
|
|
56,413 |
|
|
|
5,488 |
|
Man Group PLC/Jersey |
|
|
834,115 |
|
|
|
2,428 |
|
NatWest Group PLC |
|
|
5,234,255 |
|
|
|
17,060 |
|
Ninety One PLC |
|
|
394,340 |
|
|
|
905 |
|
Pagegroup PLC |
|
|
214,227 |
|
|
|
1,209 |
|
Pets at Home Group Plc |
|
|
55,000 |
|
|
|
251 |
|
Playtech Plc * |
|
|
7,860 |
|
|
|
51 |
|
Polar Capital Holdings PLC |
|
|
163 |
|
|
|
1 |
|
QinetiQ Group PLC |
|
|
90,352 |
|
|
|
363 |
|
Reckitt Benckiser Group PLC |
|
|
490,514 |
|
|
|
37,348 |
|
RELX PLC |
|
|
574,963 |
|
|
|
18,611 |
|
Rolls-Royce Holdings PLC * |
|
|
24,807,814 |
|
|
|
45,710 |
|
Severn Trent PLC |
|
|
9,268 |
|
|
|
330 |
|
Smith & Nephew PLC |
|
|
1,505,210 |
|
|
|
20,882 |
|
Smiths Group PLC |
|
|
19,456 |
|
|
|
413 |
|
Speedy Hire PLC |
|
|
81,426 |
|
|
|
34 |
|
SSE PLC |
|
|
73,855 |
|
|
|
1,646 |
|
Standard Chartered PLC |
|
|
2,144,076 |
|
|
|
16,283 |
|
STERIS PLC |
|
|
27,310 |
|
|
|
5,224 |
|
Subsea 7 SA |
|
|
14,367 |
|
|
|
170 |
|
Tesco PLC |
|
|
7,785,980 |
|
|
|
25,579 |
|
Travis Perkins PLC |
|
|
1,381,789 |
|
|
|
16,340 |
|
Unilever PLC |
|
|
812,131 |
|
|
|
42,074 |
|
Virgin Money UK PLC |
|
|
147,424 |
|
|
|
265 |
|
Vodafone Group PLC |
|
|
3,892,519 |
|
|
|
4,298 |
|
WH Smith PLC |
|
|
542,813 |
|
|
|
10,034 |
|
Whitbread PLC |
|
|
27,225 |
|
|
|
1,005 |
|
| |
|
|
|
|
|
|
625,975 |
|
| |
|
|
|
|
|
|
|
|
United States — 5.9% |
Arch Capital Group Ltd * |
|
|
66,201 |
|
|
|
4,493 |
|
Atlassian Corp Ltd, Cl A * |
|
|
38,338 |
|
|
|
6,562 |
|
Computershare Ltd |
|
|
516,086 |
|
|
|
7,511 |
|
CSL Ltd |
|
|
44,131 |
|
|
|
8,563 |
|
EPAM Systems Inc * |
|
|
13,360 |
|
|
|
3,995 |
|
Globant SA * |
|
|
26,398 |
|
|
|
4,330 |
|
Holcim AG |
|
|
20,951 |
|
|
|
1,351 |
|
Inmode Ltd * |
|
|
7,559 |
|
|
|
242 |
|
JBS S/A |
|
|
1,009,100 |
|
|
|
3,542 |
|
Mettler-Toledo International Inc * |
|
|
3,244 |
|
|
|
4,964 |
|
Monday.com Ltd * |
|
|
13,277 |
|
|
|
1,895 |
|
Nestle SA |
|
|
271,756 |
|
|
|
33,156 |
|
Primo Water Corp |
|
|
5,000 |
|
|
|
77 |
|
QIAGEN NV * |
|
|
117,653 |
|
|
|
5,404 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
ResMed Inc |
|
|
17,649 |
|
|
$ |
3,865 |
|
RHI Magnesita NV |
|
|
760 |
|
|
|
21 |
|
Roche Holding AG |
|
|
248,170 |
|
|
|
70,889 |
|
Sanofi |
|
|
483,935 |
|
|
|
52,703 |
|
Schneider Electric SE |
|
|
78,717 |
|
|
|
13,143 |
|
Swiss Re AG |
|
|
5,634 |
|
|
|
579 |
|
Tenaris SA |
|
|
431,178 |
|
|
|
6,137 |
|
Viemed Healthcare Inc * |
|
|
10,694 |
|
|
|
103 |
|
Waste Connections Inc |
|
|
28,443 |
|
|
|
3,955 |
|
| |
|
|
|
|
|
|
237,480 |
|
| |
|
|
|
|
|
|
|
|
Total Common Stock |
|
|
|
|
|
|
|
|
(Cost $3,528,620) ($ Thousands) |
|
|
|
|
|
|
3,888,526 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
PREFERRED STOCK — 0.7% |
Brazil — 0.1% |
Gerdau SA (C) |
|
|
7,665 |
|
|
|
38 |
|
Petroleo Brasileiro SA (C) |
|
|
1,334,900 |
|
|
|
6,161 |
|
Schulz SA (C) |
|
|
20,100 |
|
|
|
18 |
|
| |
|
|
|
|
|
|
6,217 |
|
| |
|
|
|
|
|
|
|
|
Germany — 0.6% |
FUCHS PETROLUB SE, 2.800% |
|
|
5,350 |
|
|
|
218 |
|
Sartorius AG (C) |
|
|
12,721 |
|
|
|
5,348 |
|
Schaeffler AG (C) |
|
|
228,253 |
|
|
|
1,740 |
|
Volkswagen AG, 7.200% |
|
|
115,587 |
|
|
|
15,778 |
|
| |
|
|
|
|
|
|
23,084 |
|
| |
|
|
|
|
|
|
|
|
Total Preferred Stock |
|
|
|
|
|
|
|
|
(Cost $32,620) ($ Thousands) |
|
|
|
|
|
|
29,301 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
EXCHANGE TRADED FUND — 0.1% |
United States — 0.1% |
iShares Trust iShares ESG Aware MSCI EAFE ETF |
|
|
41,710 |
|
|
|
2,996 |
|
| |
|
|
|
|
|
|
|
|
Total Exchange Traded Fund |
|
|
|
|
|
|
|
|
(Cost $2,547) ($ Thousands) |
|
|
|
|
|
|
2,996 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
AFFILIATED PARTNERSHIP — 3.9% |
SEI Liquidity Fund, LP |
|
|
|
|
|
|
|
|
4.740% **†(D) |
|
|
154,434,665 |
|
|
|
154,506 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Affiliated Partnership |
|
|
|
|
|
|
|
|
(Cost $154,476) ($ Thousands) |
|
|
154,506 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
CASH EQUIVALENT — 0.8% |
SEI Daily Income Trust, Government Fund, Institutional Class |
|
|
|
|
|
|
|
|
4.570%**† |
|
|
33,746,867 |
|
|
$ |
33,747 |
|
| |
|
|
|
|
|
|
|
|
Total Cash Equivalent |
|
|
|
|
|
|
|
|
(Cost $33,747) ($ Thousands) |
|
|
|
|
|
|
33,747 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Investments in Securities — 101.8% |
|
|
|
|
|
|
|
|
(Cost $3,752,010) ($ Thousands) |
|
$ |
4,109,076 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
A list of the open futures contracts held by the Fund at March 31, 2023, is as follows:
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation (Thousands) |
|
Long Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro STOXX 50 |
|
|
326 |
|
|
|
Jun-2023 |
|
|
$ |
14,208 |
|
|
$ |
15,092 |
|
|
$ |
709 |
|
FTSE 100 Index |
|
|
75 |
|
|
|
Jun-2023 |
|
|
|
6,906 |
|
|
|
7,084 |
|
|
|
64 |
|
Hang Seng Index |
|
|
7 |
|
|
|
Apr-2023 |
|
|
|
881 |
|
|
|
913 |
|
|
|
32 |
|
SPI 200 Index |
|
|
36 |
|
|
|
Jun-2023 |
|
|
|
4,217 |
|
|
|
4,335 |
|
|
|
108 |
|
TOPIX Index |
|
|
64 |
|
|
|
Jun-2023 |
|
|
|
9,479 |
|
|
|
9,634 |
|
|
|
156 |
|
| |
|
|
|
|
|
|
|
|
|
$ |
35,691 |
|
|
$ |
37,058 |
|
|
$ |
1,069 |
|
A list of the open OTC Swap agreement held by the Fund at March 31, 2023, is as follows:
Total Return Swaps |
Counterparty |
|
Reference Entity/ Obligation |
|
|
Fund Pays |
|
|
Fund Receives |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Currency |
|
|
Notional
Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments/
Receipts
(Thousands) |
|
|
Net Unrealized
Appreciation
(Thousands) |
|
Morgan Stanley |
|
|
LAZARD CUSTOM 130/30 BASKET |
|
|
|
CUSTOM FINANCING |
|
|
|
BASKET RETURN |
|
|
|
Annually |
|
|
|
12/31/2049 |
|
|
|
USD |
|
|
|
111,973 |
|
|
$ |
1,667 |
|
|
$ |
– |
|
|
$ |
1,667 |
|
The following table represents the top 50 individual stock exposures comprising the Custom Basket Total Return Swap as of March 31, 2023:
United States Custom Basket of Long Securities
| |
Shares |
|
Description |
|
Notional Amount (Thousands) |
|
|
Value (Thousands) |
|
|
|
Percentage of Basket |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
4,341 |
|
MH MOET HENNESSY LOUIS VUITT |
|
$ |
3,543 |
|
|
$ |
440 |
|
|
|
3.16 |
% |
| |
|
94,000 |
|
SHIN-ETSU CHEMICAL CO LTD |
|
|
2,860 |
|
|
|
159 |
|
|
|
2.55 |
|
| |
|
3,609 |
|
ASML HOLDING NV |
|
|
2,159 |
|
|
|
292 |
|
|
|
1.93 |
|
| |
|
47,800 |
|
SEVEN I HOLDINGS CO LTD |
|
|
2,128 |
|
|
|
18 |
|
|
|
1.90 |
|
| |
|
11,676 |
|
SCHNEIDER SA |
|
|
1,789 |
|
|
|
161 |
|
|
|
1.60 |
|
| |
|
84,684 |
|
3I GROUP PLC |
|
|
1,516 |
|
|
|
248 |
|
|
|
1.35 |
|
| |
|
19,000 |
|
YAKULT HONSHA CO LTD |
|
|
1,325 |
|
|
|
50 |
|
|
|
1.18 |
|
| |
|
49,620 |
|
ESSITY B |
|
|
1,311 |
|
|
|
108 |
|
|
|
1.17 |
|
| |
|
134,200 |
|
THE KANSAI ELECTRIC POWER CO INC |
|
|
1,302 |
|
|
|
(1 |
) |
|
|
1.16 |
|
| |
|
74,519 |
|
SWEDBANK A |
|
|
1,298 |
|
|
|
(76 |
) |
|
|
1.16 |
|
| |
|
75,119 |
|
UNICREDITO SPA |
|
|
1,270 |
|
|
|
150 |
|
|
|
1.13 |
|
| |
|
31,100 |
|
SUMITOMO MITSUI FINANCIAL GROUP INC |
|
|
1,255 |
|
|
|
(17 |
) |
|
|
1.12 |
|
| |
|
5,765 |
|
PERNOD RICARD |
|
|
1,206 |
|
|
|
101 |
|
|
|
1.08 |
|
| |
|
30,899 |
|
BP PLC |
|
|
1,108 |
|
|
|
65 |
|
|
|
0.99 |
|
| |
|
102,700 |
|
CHUBU ELECTRIC POWER CO INC |
|
|
1,101 |
|
|
|
(22 |
) |
|
|
0.98 |
|
| |
|
47,364 |
|
ASSOCIATED BRITISH FOODS PLC |
|
|
1,083 |
|
|
|
53 |
|
|
|
0.97 |
|
| |
|
108,164 |
|
NIBE INDUSTRIER B |
|
|
1,072 |
|
|
|
157 |
|
|
|
0.96 |
|
| |
|
7,578 |
|
SAFRAN SA |
|
|
1,015 |
|
|
|
109 |
|
|
|
0.91 |
|
| |
|
14,706 |
|
ASHTEAD GROUP PLC |
|
|
880 |
|
|
|
22 |
|
|
|
0.79 |
|
| |
|
54,800 |
|
JAPAN EXCHANGE GROUP INC |
|
|
862 |
|
|
|
(31 |
) |
|
|
0.77 |
|
| |
|
31,500 |
|
SHELL PLC |
|
|
849 |
|
|
|
50 |
|
|
|
0.76 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Equity Fund (Continued)
| |
Shares |
|
Description |
|
Notional Amount (Thousands) |
|
|
Value (Thousands) |
|
|
|
Percentage of Basket |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
15,283 |
|
CRH PLC |
|
$ |
741 |
|
|
$ |
31 |
|
|
|
0.66 |
% |
| |
|
89,047 |
|
INFORMA PLC |
|
|
703 |
|
|
|
60 |
|
|
|
0.63 |
|
| |
|
20,110 |
|
WHITBREAD PLC |
|
|
680 |
|
|
|
63 |
|
|
|
0.61 |
|
| |
|
117,178 |
|
B&M EUROPEAN VALUE RETAIL SA |
|
|
654 |
|
|
|
44 |
|
|
|
0.58 |
|
| |
|
16,913 |
|
FIRST INTL BK ISRAEL 5 |
|
|
653 |
|
|
|
(59 |
) |
|
|
0.58 |
|
| |
|
5,631 |
|
VINCI SA |
|
|
610 |
|
|
|
37 |
|
|
|
0.54 |
|
United States Custom Basket of Short Securities
| |
Shares |
|
Description |
|
Notional Amount (Thousands) |
|
|
Value (Thousands) |
|
|
|
Percentage of Basket |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
(41,700 |
) |
EAST JAPAN RAILWAY CO |
|
$ |
(2,293 |
) |
|
$ |
(6 |
) |
|
|
(2.05 |
)% |
| |
|
(44,400 |
) |
YASKAWA ELECTRIC CORP |
|
|
(1,802 |
) |
|
|
(123 |
) |
|
|
(1.61 |
) |
| |
|
(111,400 |
) |
MIZUHO FINANCIAL GROUP INC |
|
|
(1,556 |
) |
|
|
(16 |
) |
|
|
(1.39 |
) |
| |
|
(77,100 |
) |
AOZORA BANK LTD |
|
|
(1,407 |
) |
|
|
17 |
|
|
|
(1.26 |
) |
| |
|
(44,600 |
) |
MEIJI HOLDINGS CO LTD |
|
|
(1,066 |
) |
|
|
9 |
|
|
|
(0.95 |
) |
| |
|
(50,200 |
) |
JAPAN AIRLINES CO LTD |
|
|
(966 |
) |
|
|
(8 |
) |
|
|
(0.86 |
) |
| |
|
(24,729 |
) |
FRESENIUS MEDICAL CARE |
|
|
(963 |
) |
|
|
(88 |
) |
|
|
(0.86 |
) |
| |
|
(59,200 |
) |
HANG SENG BANK |
|
|
(889 |
) |
|
|
47 |
|
|
|
(0.79 |
) |
| |
|
(184,900 |
) |
RAKUTEN GROUP INC |
|
|
(873 |
) |
|
|
20 |
|
|
|
(0.78 |
) |
| |
|
(48,200 |
) |
SUMITOMO CORP |
|
|
(844 |
) |
|
|
(4 |
) |
|
|
(0.75 |
) |
| |
|
(16,600 |
) |
KYOCERA CORP |
|
|
(835 |
) |
|
|
(24 |
) |
|
|
(0.75 |
) |
| |
|
(97,200 |
) |
OBAYASHI CORP |
|
|
(749 |
) |
|
|
10 |
|
|
|
(0.67 |
) |
| |
|
(30,100 |
) |
MISUMI GROUP INC |
|
|
(726 |
) |
|
|
(20 |
) |
|
|
(0.65 |
) |
| |
|
(25,701 |
) |
ATLANTICA SUSTAINABLE INFRASTR |
|
|
(707 |
) |
|
|
(53 |
) |
|
|
(0.63 |
) |
| |
|
(52,200 |
) |
TOSOH CORP |
|
|
(705 |
) |
|
|
1 |
|
|
|
(0.63 |
) |
| |
|
(28,165 |
) |
FRESENIUS SE CO KGAA |
|
|
(696 |
) |
|
|
(64 |
) |
|
|
(0.62 |
) |
| |
|
(745,000 |
) |
HK & CHINA GAS |
|
|
(681 |
) |
|
|
26 |
|
|
|
(0.61 |
) |
| |
|
(18,400 |
) |
YAMAHA CORP |
|
|
(677 |
) |
|
|
(27 |
) |
|
|
(0.60 |
) |
| |
|
(183,200 |
) |
YAMADA HOLDINGS CO LTD |
|
|
(658 |
) |
|
|
30 |
|
|
|
(0.59 |
) |
| |
|
(82,500 |
) |
RICOH CO LTD |
|
|
(611 |
) |
|
|
(3 |
) |
|
|
(0.55 |
) |
| |
|
(76,000 |
) |
SANTEN PHARMACEUTICAL CO LTD |
|
|
(603 |
) |
|
|
(42 |
) |
|
|
(0.54 |
) |
| |
|
(43,100 |
) |
SEIKO EPSON CORP |
|
|
(597 |
) |
|
|
(12 |
) |
|
|
(0.53 |
) |
| |
|
(331,000 |
) |
XINYI GLASS |
|
|
(594 |
) |
|
|
1 |
|
|
|
(0.53 |
) |
|
Percentages are based on Net Assets of $4,037,393 ($ Thousands). |
* |
Non-income producing security. |
** |
The rate reported is the 7-day effective yield as of March 31, 2023. |
† |
Investment in Affiliated Security (see Note 5). |
‡ |
Real Estate Investment Trust. |
(A) |
Certain securities or partial positions of certain securities are on loan at March 31, 2023 (see Note 9). |
(B) |
Level 3 security in accordance with fair value hierarchy. |
(C) |
No interest rate available. |
(D) |
This security was purchased with cash collateral held from securities on loan (see Note 9). The total market value of such securities as of March 31, 2023 was $154,506 ($ Thousands). |
The following is a summary of the level of inputs used as of March 31, 2023, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
Investments in Securities |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($)(1) |
|
|
Total
($) |
|
Common Stock |
|
|
3,888,364 |
|
|
|
162 |
|
|
|
– |
^ |
|
|
3,888,526 |
|
Preferred Stock |
|
|
29,083 |
|
|
|
218 |
|
|
|
– |
|
|
|
29,301 |
|
Exchange Traded Fund |
|
|
2,996 |
|
|
|
– |
|
|
|
– |
|
|
|
2,996 |
|
Affiliated Partnership |
|
|
– |
|
|
|
154,506 |
|
|
|
– |
|
|
|
154,506 |
|
Cash Equivalent |
|
|
33,747 |
|
|
|
– |
|
|
|
– |
|
|
|
33,747 |
|
Total Investments in Securities |
|
|
3,954,190 |
|
|
|
154,886 |
|
|
|
– |
|
|
|
4,109,076 |
|
Other Financial Instruments |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($) |
|
|
Total
($) |
|
Futures Contracts* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
1,069 |
|
|
|
– |
|
|
|
– |
|
|
|
1,069 |
|
OTC Swaps |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Return Swaps* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
1,667 |
|
|
|
– |
|
|
|
1,667 |
|
Total Other Financial Instruments |
|
|
1,069 |
|
|
|
1,667 |
|
|
|
– |
|
|
|
2,736 |
|
^One security with a market value of $0.
(1) A reconciliation of Level 3 instruments is presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to the net assets. Management has concluded that Level 3 investments are not material in relation to net assets.
|
*
|
Futures contracts and swap contracts are valued at the unrealized appreciation on the instrument.
|
SEI Institutional International Trust
For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.
The following is a summary of the transactions with affiliates for the period ended March 31, 2023 ($ Thousands):
Security Description |
|
Value 9/30/2022 |
|
|
Purchases at Cost |
|
|
Proceeds from Sales |
|
|
Realized Gain/(Loss) |
|
|
Change in Unrealized Appreciation/(Depreciation) |
|
|
Value 3/31/2023 |
|
|
Income |
|
|
Capital Gains |
|
SEI Liquidity Fund, LP |
|
$ |
113,836 |
|
|
$ |
349,722 |
|
|
$ |
(309,065 |
) |
|
$ |
6 |
|
|
$ |
7 |
|
|
$ |
154,506 |
|
|
$ |
279 |
|
|
|
$ — |
|
SEI Daily Income Trust, Government Fund, Institutional Class |
|
|
68,913 |
|
|
|
293,575 |
|
|
|
(328,741 |
) |
|
|
— |
|
|
|
— |
|
|
|
33,747 |
|
|
|
774 |
|
|
|
— |
|
Totals |
|
$ |
182,749 |
|
|
$ |
643,297 |
|
|
$ |
(637,806 |
) |
|
$ |
6 |
|
|
$ |
7 |
|
|
$ |
188,253 |
|
|
$ |
1,053 |
|
|
$ |
— |
|
Amounts designated as “—” are $0 or have been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Market Equity Fund
†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK — 93.9% |
Australia — 0.1% |
Rio Tinto PLC |
|
|
30,410 |
|
|
$ |
2,060 |
|
| |
|
|
|
|
|
|
|
|
Austria — 0.2% |
Erste Group Bank AG |
|
|
76,053 |
|
|
|
2,520 |
|
| |
|
|
|
|
|
|
|
|
Brazil — 3.8% |
Ambev SA * |
|
|
538,200 |
|
|
|
1,525 |
|
Ambev SA ADR * |
|
|
767,042 |
|
|
|
2,163 |
|
Arcos Dorados Holdings Inc, Cl A |
|
|
302,072 |
|
|
|
2,329 |
|
B3 SA - Brasil Bolsa Balcao |
|
|
612,206 |
|
|
|
1,247 |
|
Banco do Brasil SA |
|
|
628,283 |
|
|
|
4,850 |
|
Banco Santander Brasil SA |
|
|
746,000 |
|
|
|
3,954 |
|
BB Seguridade Participacoes SA |
|
|
323,608 |
|
|
|
2,074 |
|
Cia Energetica de Minas Gerais ADR |
|
|
394,546 |
|
|
|
884 |
|
Cia Siderurgica Nacional SA |
|
|
492,200 |
|
|
|
1,499 |
|
CPFL Energia SA |
|
|
616,295 |
|
|
|
3,853 |
|
Gerdau SA ADR |
|
|
169,073 |
|
|
|
834 |
|
Hypera SA * |
|
|
198,877 |
|
|
|
1,487 |
|
MercadoLibre Inc * |
|
|
2,201 |
|
|
|
2,901 |
|
Multiplan Empreendimentos Imobiliarios SA * |
|
|
546,700 |
|
|
|
2,651 |
|
Pagseguro Digital Ltd, Cl A * |
|
|
134,355 |
|
|
|
1,151 |
|
Petro Rio SA * |
|
|
258,300 |
|
|
|
1,591 |
|
Petroleo Brasileiro SA ADR * |
|
|
245,416 |
|
|
|
2,560 |
|
Rumo SA |
|
|
492,800 |
|
|
|
1,832 |
|
Sendas Distribuidora S/A * |
|
|
2,063,800 |
|
|
|
6,317 |
|
SLC Agricola SA |
|
|
71,097 |
|
|
|
639 |
|
Suzano SA |
|
|
44,183 |
|
|
|
363 |
|
TIM SA/Brazil * |
|
|
580,200 |
|
|
|
1,437 |
|
TIM SA/Brazil ADR * |
|
|
27,709 |
|
|
|
343 |
|
TOTVS SA * |
|
|
256,275 |
|
|
|
1,421 |
|
Vale SA |
|
|
167,200 |
|
|
|
2,642 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Vale SA ADR, Cl B |
|
|
206,787 |
|
|
$ |
3,263 |
|
Vibra Energia SA |
|
|
100,459 |
|
|
|
288 |
|
WEG SA |
|
|
93,153 |
|
|
|
744 |
|
| |
|
|
|
|
|
|
56,842 |
|
| |
|
|
|
|
|
|
|
|
Canada — 0.2% |
Ivanhoe Mines Ltd, Cl A * |
|
|
103,590 |
|
|
|
934 |
|
Parex Resources Inc |
|
|
110,400 |
|
|
|
2,051 |
|
| |
|
|
|
|
|
|
2,985 |
|
| |
|
|
|
|
|
|
|
|
Chile — 0.4% |
Banco de Chile |
|
|
6,309,255 |
|
|
|
616 |
|
Banco Santander Chile ADR |
|
|
16,764 |
|
|
|
299 |
|
Cencosud SA |
|
|
357,172 |
|
|
|
694 |
|
Enel Chile SA |
|
|
36,649,931 |
|
|
|
2,010 |
|
Sociedad Quimica y Minera de Chile SA ADR |
|
|
33,326 |
|
|
|
2,701 |
|
| |
|
|
|
|
|
|
6,320 |
|
| |
|
|
|
|
|
|
|
|
China — 20.5% |
Agricultural Bank of China Ltd, Cl H |
|
|
12,473,000 |
|
|
|
4,619 |
|
Airtac International Group |
|
|
34,000 |
|
|
|
1,330 |
|
Alibaba Group Holding Ltd * |
|
|
3,870,780 |
|
|
|
49,025 |
|
Aluminum Corp of China Ltd, Cl A |
|
|
551,082 |
|
|
|
443 |
|
Anhui Conch Cement Co Ltd, Cl H |
|
|
917,599 |
|
|
|
3,180 |
|
ANTA Sports Products Ltd |
|
|
55,000 |
|
|
|
799 |
|
Autohome Inc ADR |
|
|
94,417 |
|
|
|
3,160 |
|
Baidu Inc ADR * |
|
|
30,555 |
|
|
|
4,611 |
|
Bank of China Ltd, Cl H |
|
|
14,048,701 |
|
|
|
5,386 |
|
Bank of Communications Co Ltd, Cl H |
|
|
4,675,707 |
|
|
|
2,941 |
|
Bank of Jiangsu Co Ltd, Cl A |
|
|
734,392 |
|
|
|
751 |
|
Bank of Nanjing Co Ltd, Cl A |
|
|
472,937 |
|
|
|
617 |
|
Bank of Ningbo Co Ltd, Cl A |
|
|
816,200 |
|
|
|
3,242 |
|
Baoshan Iron & Steel Co Ltd, Cl A |
|
|
382,904 |
|
|
|
348 |
|
BBMG Corp, Cl A |
|
|
665,673 |
|
|
|
237 |
|
BeiGene Ltd ADR * |
|
|
1,815 |
|
|
|
391 |
|
Bosideng International Holdings Ltd |
|
|
4,968,486 |
|
|
|
2,772 |
|
BYD Co Ltd, Cl H |
|
|
179,256 |
|
|
|
5,273 |
|
BYD Electronic International Co Ltd |
|
|
127,000 |
|
|
|
395 |
|
China CITIC Bank Corp Ltd, Cl H |
|
|
1,546,276 |
|
|
|
778 |
|
China Construction Bank Corp, Cl H |
|
|
12,984,513 |
|
|
|
8,403 |
|
China Lesso Group Holdings Ltd |
|
|
3,125,714 |
|
|
|
2,793 |
|
China Life Insurance Co Ltd, Cl H |
|
|
339,000 |
|
|
|
556 |
|
China Longyuan Power Group Corp Ltd, Cl H |
|
|
1,269,000 |
|
|
|
1,448 |
|
China Merchants Bank Co Ltd, Cl H |
|
|
235,378 |
|
|
|
1,195 |
|
China Merchants Securities Co Ltd, Cl A |
|
|
175,276 |
|
|
|
352 |
|
China National Building Material Co Ltd, Cl H |
|
|
866,263 |
|
|
|
712 |
|
China Pacific Insurance Group Co Ltd, Cl H |
|
|
341,737 |
|
|
|
906 |
|
China Petroleum & Chemical Corp, Cl H |
|
|
7,422,981 |
|
|
|
4,380 |
|
China Shenhua Energy Co Ltd, Cl H |
|
|
187,124 |
|
|
|
589 |
|
China Tourism Group Duty Free Corp Ltd, Cl A |
|
|
125,700 |
|
|
|
3,356 |
|
Chongqing Brewery Co Ltd, Cl A |
|
|
103,900 |
|
|
|
1,892 |
|
CITIC Securities Co Ltd, Cl A |
|
|
663,500 |
|
|
|
1,981 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
CMOC Group Ltd, Cl A |
|
|
2,445,000 |
|
|
$ |
2,129 |
|
Contemporary Amperex Technology Co Ltd, Cl A |
|
|
4,515 |
|
|
|
267 |
|
Daqin Railway Co Ltd, Cl A |
|
|
526,000 |
|
|
|
551 |
|
Dongfeng Motor Group Co Ltd, Cl H |
|
|
3,584,000 |
|
|
|
1,684 |
|
ENN Energy Holdings Ltd |
|
|
43,683 |
|
|
|
598 |
|
Focus Media Information Technology Co Ltd, Cl A |
|
|
2,075,900 |
|
|
|
2,074 |
|
Gree Electric Appliances Inc of Zhuhai, Cl A |
|
|
117,926 |
|
|
|
630 |
|
Guangzhou Kingmed Diagnostics Group Co Ltd, Cl A |
|
|
28,315 |
|
|
|
363 |
|
H World Group Ltd ADR * |
|
|
6,166 |
|
|
|
302 |
|
Haier Smart Home Co Ltd, Cl A |
|
|
986,261 |
|
|
|
3,253 |
|
Haier Smart Home Co Ltd, Cl H |
|
|
2,052,659 |
|
|
|
6,427 |
|
Haitian International Holdings Ltd |
|
|
92,000 |
|
|
|
239 |
|
Henan Shenhuo Coal & Power Co Ltd, Cl A |
|
|
171,021 |
|
|
|
440 |
|
Hesai Group ADR * |
|
|
14,029 |
|
|
|
217 |
|
Huaibei Mining Holdings Co Ltd, Cl A |
|
|
161,100 |
|
|
|
318 |
|
Huayu Automotive Systems Co Ltd, Cl A |
|
|
206,779 |
|
|
|
504 |
|
Industrial & Commercial Bank of China Ltd, Cl H |
|
|
19,920,889 |
|
|
|
10,587 |
|
Inner Mongolia ERDOS Resources Co Ltd, Cl A |
|
|
122,800 |
|
|
|
274 |
|
Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd, Cl A |
|
|
421,182 |
|
|
|
277 |
|
JD.com Inc ADR |
|
|
61,473 |
|
|
|
2,698 |
|
Jiangsu Changshu Rural Commercial Bank Co Ltd, Cl A |
|
|
1,805,792 |
|
|
|
1,959 |
|
Jiangxi Copper Co Ltd, Cl A |
|
|
714,700 |
|
|
|
2,057 |
|
Jointown Pharmaceutical Group Co Ltd, Cl A |
|
|
267,058 |
|
|
|
581 |
|
KE Holdings Inc ADR * |
|
|
16,744 |
|
|
|
315 |
|
Kingsoft Corp Ltd |
|
|
322,400 |
|
|
|
1,585 |
|
Kweichow Moutai Co Ltd, Cl A |
|
|
15,800 |
|
|
|
4,174 |
|
LB Group Co Ltd, Cl A |
|
|
614,500 |
|
|
|
1,809 |
|
Li Auto Inc ADR *(A) |
|
|
53,043 |
|
|
|
1,323 |
|
Li Ning Co Ltd |
|
|
441,636 |
|
|
|
3,473 |
|
Longfor Group Holdings Ltd |
|
|
94,769 |
|
|
|
267 |
|
LONGi Green Energy Technology Co Ltd, Cl A * |
|
|
434,500 |
|
|
|
2,557 |
|
Lufax Holding Ltd ADR |
|
|
792,159 |
|
|
|
1,616 |
|
Luxi Chemical Group Co Ltd, Cl A |
|
|
227,016 |
|
|
|
451 |
|
NARI Technology Co Ltd, Cl A |
|
|
1,311,080 |
|
|
|
5,169 |
|
NetEase Inc ADR |
|
|
18,659 |
|
|
|
1,650 |
|
PDD Holdings Inc ADR * |
|
|
56,994 |
|
|
|
4,326 |
|
PetroChina Co Ltd, Cl H |
|
|
2,811,728 |
|
|
|
1,661 |
|
PICC Property & Casualty Co Ltd, Cl H |
|
|
7,609,207 |
|
|
|
7,762 |
|
Ping An Insurance Group Co of China Ltd, Cl A |
|
|
1,231,414 |
|
|
|
8,158 |
|
Ping An Insurance Group Co of China Ltd, Cl H |
|
|
1,958,429 |
|
|
|
12,669 |
|
Poly Developments and Holdings Group Co Ltd, Cl A |
|
|
264,338 |
|
|
|
543 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Satellite Chemical Co Ltd, Cl A |
|
|
125,497 |
|
|
$ |
292 |
|
Shanghai Rural Commercial Bank Co Ltd, Cl A |
|
|
349,477 |
|
|
|
293 |
|
Shanxi Lu'an Environmental Energy Development Co Ltd, Cl A |
|
|
130,600 |
|
|
|
416 |
|
Shenzhen Inovance Technology Co Ltd, Cl A |
|
|
50,700 |
|
|
|
519 |
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd, Cl A |
|
|
6,526 |
|
|
|
296 |
|
Shenzhen Overseas Chinese Town Co Ltd, Cl A * |
|
|
414,700 |
|
|
|
291 |
|
Shenzhen Topband Co Ltd, Cl A |
|
|
1,461,000 |
|
|
|
2,712 |
|
Sichuan Kelun Pharmaceutical Co Ltd, Cl A |
|
|
322,998 |
|
|
|
1,338 |
|
Sinopharm Group Co Ltd, Cl H |
|
|
112,400 |
|
|
|
340 |
|
TAL Education Group ADR * |
|
|
35,617 |
|
|
|
228 |
|
Tencent Holdings Ltd |
|
|
860,346 |
|
|
|
42,044 |
|
Tencent Music Entertainment Group ADR * |
|
|
67,249 |
|
|
|
557 |
|
Tongling Nonferrous Metals Group Co Ltd, Cl A |
|
|
945,218 |
|
|
|
442 |
|
TravelSky Technology Ltd, Cl H |
|
|
107,298 |
|
|
|
200 |
|
Trip.com Group Ltd ADR * |
|
|
111,158 |
|
|
|
4,187 |
|
Tsingtao Brewery Co Ltd, Cl A |
|
|
21,580 |
|
|
|
379 |
|
Tsingtao Brewery Co Ltd, Cl H |
|
|
139,000 |
|
|
|
1,519 |
|
Uni-President China Holdings Ltd |
|
|
445,726 |
|
|
|
450 |
|
Vipshop Holdings Ltd ADR * |
|
|
593,888 |
|
|
|
9,015 |
|
Weichai Power Co Ltd, Cl A |
|
|
469,273 |
|
|
|
862 |
|
Weichai Power Co Ltd, Cl H |
|
|
984,000 |
|
|
|
1,579 |
|
Wingtech Technology Co Ltd, Cl A |
|
|
257,600 |
|
|
|
2,076 |
|
Wuchan Zhongda Group Co Ltd, Cl A |
|
|
654,800 |
|
|
|
462 |
|
Wuliangye Yibin Co Ltd, Cl A |
|
|
10,700 |
|
|
|
306 |
|
Xianhe Co Ltd, Cl A |
|
|
89,679 |
|
|
|
331 |
|
Yangzijiang Shipbuilding Holdings Ltd |
|
|
282,604 |
|
|
|
256 |
|
Yifeng Pharmacy Chain Co Ltd, Cl A |
|
|
527,917 |
|
|
|
4,451 |
|
Yum China Holdings Inc |
|
|
26,524 |
|
|
|
1,681 |
|
Zhejiang Expressway Co Ltd, Cl H |
|
|
1,436,000 |
|
|
|
1,143 |
|
Zhejiang HangKe Technology Inc Co, Cl A |
|
|
221,592 |
|
|
|
1,452 |
|
Zhejiang Juhua Co Ltd, Cl A |
|
|
524,206 |
|
|
|
1,348 |
|
Zhejiang Supor Co Ltd, Cl A |
|
|
106,600 |
|
|
|
839 |
|
Zhongsheng Group Holdings Ltd |
|
|
544,000 |
|
|
|
2,680 |
|
Zijin Mining Group Co Ltd, Cl H |
|
|
234,000 |
|
|
|
390 |
|
ZTE Corp, Cl H |
|
|
276,780 |
|
|
|
811 |
|
ZTO Express Cayman Inc ADR * |
|
|
19,009 |
|
|
|
545 |
|
| |
|
|
|
|
|
|
303,528 |
|
| |
|
|
|
|
|
|
|
|
Colombia — 0.0% |
Bancolombia SA ADR, Cl R |
|
|
23,634 |
|
|
|
594 |
|
| |
|
|
|
|
|
|
|
|
Germany — 0.1% |
AIXTRON SE |
|
|
56,116 |
|
|
|
1,904 |
|
| |
|
|
|
|
|
|
|
|
Greece — 0.6% |
Alpha Services and Holdings SA * |
|
|
3,759,125 |
|
|
|
4,595 |
|
Eurobank Ergasias Services and Holdings SA * |
|
|
2,901,404 |
|
|
|
3,836 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Market Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Hellenic Telecommunications Organization SA * |
|
|
135 |
|
|
$ |
2 |
|
National Bank of Greece SA * |
|
|
149,718 |
|
|
|
727 |
|
| |
|
|
|
|
|
|
9,160 |
|
| |
|
|
|
|
|
|
|
|
Hong Kong — 9.1% |
3SBio Inc |
|
|
497,592 |
|
|
|
495 |
|
ASMPT Ltd |
|
|
134,092 |
|
|
|
1,330 |
|
BeiGene Ltd * |
|
|
104,480 |
|
|
|
1,739 |
|
Beijing Enterprises Holdings Ltd |
|
|
760,173 |
|
|
|
2,736 |
|
Budweiser Brewing Co APAC Ltd |
|
|
1,457,600 |
|
|
|
4,436 |
|
Chaoda Modern Agriculture Holdings Ltd * |
|
|
2,056,181 |
|
|
|
9 |
|
China Cinda Asset Management Co Ltd, Cl H |
|
|
673,414 |
|
|
|
85 |
|
China Everbright Bank Co Ltd, Cl H |
|
|
4,647,900 |
|
|
|
1,410 |
|
China Feihe Ltd |
|
|
2,671,374 |
|
|
|
2,002 |
|
China High Precision Automation Group Ltd *(B) |
|
|
1,385,624 |
|
|
|
– |
|
China Hongqiao Group Ltd |
|
|
468,664 |
|
|
|
450 |
|
China International Capital Corp Ltd, Cl H |
|
|
1,569,600 |
|
|
|
3,149 |
|
China Medical System Holdings Ltd |
|
|
2,380,000 |
|
|
|
3,755 |
|
China Meidong Auto Holdings Ltd |
|
|
1,018,000 |
|
|
|
2,196 |
|
China Mengniu Dairy Co Ltd |
|
|
772,000 |
|
|
|
3,165 |
|
China Merchants Port Holdings Co Ltd |
|
|
1,342,000 |
|
|
|
2,060 |
|
China Overseas Land & Investment Ltd |
|
|
987,000 |
|
|
|
2,381 |
|
China Resources Beer Holdings Co Ltd |
|
|
90,000 |
|
|
|
723 |
|
China Resources Land Ltd |
|
|
3,795,881 |
|
|
|
17,286 |
|
China Tower Corp Ltd, Cl H |
|
|
6,790,000 |
|
|
|
822 |
|
Chinasoft International Ltd |
|
|
401,101 |
|
|
|
254 |
|
CITIC Ltd |
|
|
532,197 |
|
|
|
622 |
|
CSPC Pharmaceutical Group Ltd |
|
|
684,911 |
|
|
|
672 |
|
Fu Shou Yuan International Group Ltd |
|
|
72,000 |
|
|
|
58 |
|
Galaxy Entertainment Group Ltd * |
|
|
726,000 |
|
|
|
4,856 |
|
Geely Automobile Holdings Ltd |
|
|
3,558,674 |
|
|
|
4,586 |
|
Guangzhou Automobile Group Co Ltd, Cl H |
|
|
4,446,000 |
|
|
|
2,810 |
|
Haidilao International Holding Ltd |
|
|
1,026,000 |
|
|
|
2,781 |
|
Hong Kong Exchanges & Clearing Ltd |
|
|
68,500 |
|
|
|
3,036 |
|
Hua Hong Semiconductor Ltd * |
|
|
467,000 |
|
|
|
2,071 |
|
JD Logistics Inc * |
|
|
69,256 |
|
|
|
124 |
|
JD.com Inc, Cl A |
|
|
206,995 |
|
|
|
4,520 |
|
Jiumaojiu International Holdings Ltd |
|
|
1,262,000 |
|
|
|
3,000 |
|
JS Global Lifestyle Co Ltd * |
|
|
140 |
|
|
|
– |
|
Kingboard Holdings Ltd |
|
|
180,454 |
|
|
|
555 |
|
Kuaishou Technology, Cl B * |
|
|
88,500 |
|
|
|
680 |
|
Kunlun Energy Co Ltd |
|
|
6,798,000 |
|
|
|
5,307 |
|
Lenovo Group Ltd |
|
|
3,374,000 |
|
|
|
3,655 |
|
LK Technology Holdings Ltd (A) |
|
|
1,037,500 |
|
|
|
1,289 |
|
Meituan, Cl B * |
|
|
454,130 |
|
|
|
8,239 |
|
NetEase Inc |
|
|
517,330 |
|
|
|
9,132 |
|
New Oriental Education & Technology Group Inc * |
|
|
102,964 |
|
|
|
395 |
|
Nongfu Spring Co Ltd, Cl H |
|
|
45,600 |
|
|
|
263 |
|
People's Insurance Co Group of China Ltd/The, Cl H |
|
|
1,709,934 |
|
|
|
571 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Pop Mart International Group Ltd (A) |
|
|
587,600 |
|
|
$ |
1,600 |
|
Postal Savings Bank of China Co Ltd, Cl H |
|
|
151,413 |
|
|
|
90 |
|
Powerlong Real Estate Holdings Ltd * |
|
|
713,392 |
|
|
|
123 |
|
Shandong Weigao Group Medical Polymer Co Ltd, Cl H |
|
|
1,764,569 |
|
|
|
2,820 |
|
Shenzhen International Holdings Ltd |
|
|
17,532 |
|
|
|
15 |
|
Sino Biopharmaceutical Ltd |
|
|
568,000 |
|
|
|
318 |
|
Topsports International Holdings Ltd |
|
|
2,647,484 |
|
|
|
2,413 |
|
Trip.com Group Ltd * |
|
|
34,050 |
|
|
|
1,283 |
|
Vinda International Holdings Ltd |
|
|
521,000 |
|
|
|
1,257 |
|
WH Group Ltd |
|
|
746,338 |
|
|
|
445 |
|
Wuxi Biologics Cayman Inc * |
|
|
146,319 |
|
|
|
902 |
|
Xiaomi Corp, Cl B * |
|
|
431,992 |
|
|
|
665 |
|
Xinyi Glass Holdings Ltd |
|
|
214,000 |
|
|
|
383 |
|
Xinyi Solar Holdings Ltd |
|
|
4,028,458 |
|
|
|
4,829 |
|
Yadea Group Holdings Ltd |
|
|
2,712,000 |
|
|
|
6,986 |
|
Yuexiu Property Co Ltd |
|
|
398,165 |
|
|
|
602 |
|
| |
|
|
|
|
|
|
134,436 |
|
| |
|
|
|
|
|
|
|
|
Hungary — 1.1% |
MOL Hungarian Oil & Gas PLC |
|
|
576,568 |
|
|
|
4,223 |
|
OTP Bank Nyrt |
|
|
182,918 |
|
|
|
5,216 |
|
Richter Gedeon Nyrt |
|
|
311,110 |
|
|
|
6,509 |
|
| |
|
|
|
|
|
|
15,948 |
|
| |
|
|
|
|
|
|
|
|
India — 11.0% |
Apollo Hospitals Enterprise Ltd |
|
|
55,559 |
|
|
|
2,922 |
|
Apollo Tyres Ltd |
|
|
665,616 |
|
|
|
2,598 |
|
Aptus Value Housing Finance India Ltd |
|
|
595,263 |
|
|
|
1,761 |
|
Ashok Leyland Ltd |
|
|
1,466,568 |
|
|
|
2,496 |
|
Asian Paints Ltd |
|
|
10,784 |
|
|
|
363 |
|
Axis Bank Ltd |
|
|
90,141 |
|
|
|
944 |
|
Bajaj Auto Ltd |
|
|
9,956 |
|
|
|
471 |
|
Bajaj Finance Ltd |
|
|
8,667 |
|
|
|
595 |
|
Bajaj Finserv Ltd |
|
|
18,269 |
|
|
|
283 |
|
Best Agrolife Ltd |
|
|
57,550 |
|
|
|
722 |
|
Bharat Electronics Ltd |
|
|
2,027,467 |
|
|
|
2,413 |
|
Bharti Airtel Ltd |
|
|
364,467 |
|
|
|
3,324 |
|
Bosch Ltd |
|
|
630 |
|
|
|
149 |
|
Britannia Industries Ltd |
|
|
5,308 |
|
|
|
280 |
|
Cartrade Tech Ltd * |
|
|
22,711 |
|
|
|
108 |
|
Cholamandalam Investment and Finance Co Ltd |
|
|
32,698 |
|
|
|
304 |
|
Coal India Ltd |
|
|
291,642 |
|
|
|
760 |
|
Coromandel International Ltd |
|
|
39,593 |
|
|
|
425 |
|
DLF Ltd |
|
|
165,880 |
|
|
|
723 |
|
Dr Reddy's Laboratories Ltd ADR |
|
|
12,928 |
|
|
|
736 |
|
EPL Ltd |
|
|
739,635 |
|
|
|
1,464 |
|
Exide Industries Ltd * |
|
|
95,977 |
|
|
|
208 |
|
GAIL India Ltd |
|
|
609,348 |
|
|
|
782 |
|
GMM Pfaudler Ltd |
|
|
94,241 |
|
|
|
1,683 |
|
Grasim Industries Ltd |
|
|
19,406 |
|
|
|
386 |
|
HCL Technologies Ltd |
|
|
656,080 |
|
|
|
8,710 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
HDFC Bank Ltd |
|
|
395,171 |
|
|
$ |
7,773 |
|
Hero MotoCorp Ltd |
|
|
90,418 |
|
|
|
2,589 |
|
Hindalco Industries Ltd |
|
|
67,089 |
|
|
|
333 |
|
Hindustan Aeronautics Ltd |
|
|
15,079 |
|
|
|
502 |
|
Hindustan Unilever Ltd |
|
|
40,827 |
|
|
|
1,275 |
|
Housing Development Finance Corp Ltd |
|
|
359,199 |
|
|
|
11,519 |
|
ICICI Bank Ltd |
|
|
922,584 |
|
|
|
9,859 |
|
ICICI Bank Ltd ADR |
|
|
537,891 |
|
|
|
11,608 |
|
Indraprastha Gas Ltd |
|
|
98,127 |
|
|
|
513 |
|
Indus Towers Ltd |
|
|
130,438 |
|
|
|
227 |
|
IndusInd Bank Ltd |
|
|
257,073 |
|
|
|
3,354 |
|
Infosys Ltd |
|
|
258,614 |
|
|
|
4,521 |
|
Infosys Ltd ADR |
|
|
247,329 |
|
|
|
4,314 |
|
IRB Infrastructure Developers Ltd |
|
|
8,046,156 |
|
|
|
2,470 |
|
ITC Ltd |
|
|
239,588 |
|
|
|
1,121 |
|
JB Chemicals & Pharmaceuticals Ltd |
|
|
69,445 |
|
|
|
1,672 |
|
Jindal Steel & Power Ltd |
|
|
91,654 |
|
|
|
612 |
|
Kotak Mahindra Bank Ltd |
|
|
20,497 |
|
|
|
433 |
|
KPIT Technologies Ltd |
|
|
290,143 |
|
|
|
3,282 |
|
Larsen & Toubro Ltd |
|
|
38,474 |
|
|
|
1,016 |
|
Life Insurance Corp of India |
|
|
42,620 |
|
|
|
277 |
|
Mahindra & Mahindra Financial Services Ltd |
|
|
639,867 |
|
|
|
1,810 |
|
Mahindra & Mahindra Ltd |
|
|
59,073 |
|
|
|
835 |
|
Maruti Suzuki India Ltd |
|
|
21,074 |
|
|
|
2,131 |
|
Motherson Sumi Wiring India Ltd |
|
|
698,785 |
|
|
|
411 |
|
NTPC Ltd |
|
|
411,006 |
|
|
|
877 |
|
Oil & Natural Gas Corp Ltd |
|
|
3,586,742 |
|
|
|
6,610 |
|
Petronet LNG Ltd |
|
|
1,216,005 |
|
|
|
3,392 |
|
Power Finance Corp Ltd |
|
|
369,119 |
|
|
|
683 |
|
Power Grid Corp of India Ltd |
|
|
1,606,343 |
|
|
|
4,422 |
|
PVR Ltd * |
|
|
47,035 |
|
|
|
880 |
|
Rainbow Children's Medicare Ltd |
|
|
156,040 |
|
|
|
1,391 |
|
Redington Ltd |
|
|
213,332 |
|
|
|
434 |
|
Reliance Industries Ltd |
|
|
447,173 |
|
|
|
12,715 |
|
SBI Life Insurance Co Ltd |
|
|
22,201 |
|
|
|
298 |
|
State Bank of India |
|
|
527,355 |
|
|
|
3,371 |
|
Sun Pharmaceutical Industries Ltd |
|
|
187,285 |
|
|
|
2,244 |
|
Syrma SGS Technology Ltd * |
|
|
63,728 |
|
|
|
204 |
|
Tata Consultancy Services Ltd |
|
|
137,985 |
|
|
|
5,409 |
|
Tata Steel Ltd |
|
|
546,192 |
|
|
|
698 |
|
Torrent Pharmaceuticals Ltd |
|
|
117,849 |
|
|
|
2,207 |
|
UltraTech Cement Ltd |
|
|
6,453 |
|
|
|
600 |
|
United Breweries Ltd |
|
|
14,640 |
|
|
|
254 |
|
UPL Ltd |
|
|
383,140 |
|
|
|
3,352 |
|
Vedanta Ltd |
|
|
156,931 |
|
|
|
526 |
|
WNS Holdings Ltd ADR * |
|
|
22,544 |
|
|
|
2,100 |
|
| |
|
|
|
|
|
|
162,734 |
|
| |
|
|
|
|
|
|
|
|
Indonesia — 1.9% |
Adaro Energy Indonesia Tbk PT |
|
|
1,258,809 |
|
|
|
244 |
|
Aneka Tambang Tbk |
|
|
18,659,400 |
|
|
|
2,605 |
|
Astra International Tbk PT |
|
|
1,762,352 |
|
|
|
706 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Bank Central Asia Tbk PT |
|
|
4,921,926 |
|
|
$ |
2,879 |
|
Bank Mandiri Persero Tbk PT |
|
|
1,333,752 |
|
|
|
919 |
|
Bank Negara Indonesia Persero Tbk PT |
|
|
5,517,018 |
|
|
|
3,452 |
|
Bank Rakyat Indonesia Persero Tbk PT |
|
|
43,561,409 |
|
|
|
13,803 |
|
Indofood Sukses Makmur Tbk PT |
|
|
191,585 |
|
|
|
79 |
|
Kalbe Farma Tbk PT |
|
|
3,825,565 |
|
|
|
536 |
|
Merdeka Copper Gold Tbk PT * |
|
|
7,896,677 |
|
|
|
2,211 |
|
Telkom Indonesia Persero Tbk PT |
|
|
4,182,689 |
|
|
|
1,136 |
|
United Tractors Tbk PT |
|
|
171,899 |
|
|
|
334 |
|
| |
|
|
|
|
|
|
28,904 |
|
| |
|
|
|
|
|
|
|
|
Kuwait — 0.3% |
Agility Public Warehousing Co KSC |
|
|
1,051,791 |
|
|
|
2,129 |
|
Kuwait Finance House KSCP |
|
|
182,522 |
|
|
|
491 |
|
National Bank of Kuwait SAKP |
|
|
337,863 |
|
|
|
1,163 |
|
| |
|
|
|
|
|
|
3,783 |
|
| |
|
|
|
|
|
|
|
|
Malaysia — 0.8% |
AMMB Holdings Bhd |
|
|
740,060 |
|
|
|
631 |
|
CIMB Group Holdings Bhd |
|
|
3,153,702 |
|
|
|
3,801 |
|
Gamuda Bhd |
|
|
1,411,100 |
|
|
|
1,307 |
|
Genting Bhd |
|
|
281,500 |
|
|
|
298 |
|
Hong Leong Bank Bhd |
|
|
95,255 |
|
|
|
437 |
|
Kuala Lumpur Kepong Bhd |
|
|
194,000 |
|
|
|
916 |
|
Malayan Banking Bhd |
|
|
1,528,800 |
|
|
|
2,971 |
|
Public Bank Bhd |
|
|
493,107 |
|
|
|
447 |
|
Sime Darby Bhd |
|
|
525,803 |
|
|
|
256 |
|
Sime Darby Plantation Bhd |
|
|
210,024 |
|
|
|
204 |
|
| |
|
|
|
|
|
|
11,268 |
|
| |
|
|
|
|
|
|
|
|
Mexico — 2.7% |
Alfa SAB de CV, Cl A |
|
|
804,516 |
|
|
|
510 |
|
America Movil SAB de CV ADR * |
|
|
80,015 |
|
|
|
1,684 |
|
Arca Continental SAB de CV |
|
|
68,201 |
|
|
|
617 |
|
Banco del Bajio SA |
|
|
64,593 |
|
|
|
235 |
|
Cemex SAB de CV ADR * |
|
|
650,563 |
|
|
|
3,598 |
|
Coca-Cola Femsa SAB de CV |
|
|
67,700 |
|
|
|
543 |
|
Fibra Uno Administracion SA de CV ‡ |
|
|
352,224 |
|
|
|
492 |
|
Fomento Economico Mexicano SAB de CV ADR |
|
|
13,009 |
|
|
|
1,238 |
|
Gruma SAB de CV, Cl B |
|
|
61,850 |
|
|
|
914 |
|
Grupo Aeroportuario del Centro Norte SAB de CV, Cl B |
|
|
200,900 |
|
|
|
2,239 |
|
Grupo Aeroportuario del Pacifico SAB de CV, Cl B |
|
|
107,635 |
|
|
|
2,096 |
|
Grupo Aeroportuario del Sureste SAB de CV, Cl B |
|
|
34,364 |
|
|
|
1,049 |
|
Grupo Bimbo SAB de CV, Ser A |
|
|
60,944 |
|
|
|
306 |
|
Grupo Financiero Banorte SAB de CV, Cl O |
|
|
1,881,697 |
|
|
|
15,812 |
|
Grupo Mexico SAB de CV, Ser B |
|
|
693,495 |
|
|
|
3,274 |
|
Orbia Advance Corp SAB de CV |
|
|
389,456 |
|
|
|
845 |
|
Ternium SA ADR |
|
|
7,115 |
|
|
|
294 |
|
Wal-Mart de Mexico SAB de CV |
|
|
1,103,257 |
|
|
|
4,399 |
|
| |
|
|
|
|
|
|
40,145 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Market Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
| |
|
|
|
|
|
|
|
|
Panama — 0.2% |
Copa Holdings SA, Cl A |
|
|
30,109 |
|
|
$ |
2,781 |
|
| |
|
|
|
|
|
|
|
|
Peru — 0.2% |
Credicorp Ltd |
|
|
26,460 |
|
|
|
3,503 |
|
| |
|
|
|
|
|
|
|
|
Philippines — 0.5% |
BDO Unibank Inc |
|
|
2,342,811 |
|
|
|
5,556 |
|
International Container Terminal Services Inc |
|
|
111,915 |
|
|
|
439 |
|
SM Investments Corp |
|
|
118,830 |
|
|
|
1,951 |
|
| |
|
|
|
|
|
|
7,946 |
|
| |
|
|
|
|
|
|
|
|
Poland — 0.8% |
Dino Polska SA * |
|
|
53,879 |
|
|
|
4,891 |
|
KGHM Polska Miedz SA |
|
|
133,800 |
|
|
|
3,797 |
|
PGE Polska Grupa Energetyczna SA * |
|
|
93,064 |
|
|
|
136 |
|
Polski Koncern Naftowy ORLEN SA |
|
|
149,650 |
|
|
|
2,023 |
|
Powszechna Kasa Oszczednosci Bank Polski SA |
|
|
38,616 |
|
|
|
256 |
|
Powszechny Zaklad Ubezpieczen SA |
|
|
36,608 |
|
|
|
298 |
|
| |
|
|
|
|
|
|
11,401 |
|
| |
|
|
|
|
|
|
|
|
Qatar — 0.2% |
Commercial Bank PSQC/The |
|
|
329,639 |
|
|
|
526 |
|
Ooredoo QPSC |
|
|
148,479 |
|
|
|
383 |
|
Qatar Islamic Bank SAQ |
|
|
134,279 |
|
|
|
656 |
|
Qatar National Bank QPSC |
|
|
151,106 |
|
|
|
667 |
|
| |
|
|
|
|
|
|
2,232 |
|
| |
|
|
|
|
|
|
|
|
Russia — 0.0% |
Alrosa PJSC *(B) |
|
|
605,728 |
|
|
|
– |
|
Gazprom PJSC |
|
|
279,264 |
|
|
|
– |
|
Gazprom PJSC ADR * |
|
|
35,029 |
|
|
|
– |
|
LUKOIL PJSC |
|
|
109,206 |
|
|
|
– |
|
Magnit PJSC GDR * |
|
|
83,607 |
|
|
|
– |
|
Mobile TeleSystems PJSC |
|
|
1,398,028 |
|
|
|
– |
|
Rosneft Oil Co PJSC (B) |
|
|
230,389 |
|
|
|
– |
|
Sberbank of Russia PJSC |
|
|
417,388 |
|
|
|
– |
|
Sberbank of Russia PJSC ADR * |
|
|
58,444 |
|
|
|
– |
|
Surgutneftegas PJSC ADR *(A) |
|
|
501,658 |
|
|
|
– |
|
| |
|
|
|
|
|
|
– |
|
Saudi Arabia — 1.8% |
Al Rajhi Bank |
|
|
64,309 |
|
|
|
1,259 |
|
Arabian Drilling Co * |
|
|
40,661 |
|
|
|
1,655 |
|
Bank Al-Jazira |
|
|
120,888 |
|
|
|
585 |
|
Banque Saudi Fransi |
|
|
150,928 |
|
|
|
1,456 |
|
Bupa Arabia for Cooperative Insurance Co |
|
|
7,425 |
|
|
|
344 |
|
Dr Sulaiman Al Habib Medical Services Group Co |
|
|
4,963 |
|
|
|
385 |
|
Elm Co |
|
|
6,476 |
|
|
|
762 |
|
Etihad Etisalat Co |
|
|
248,891 |
|
|
|
2,735 |
|
Jarir Marketing Co |
|
|
14,053 |
|
|
|
610 |
|
Riyad Bank |
|
|
63,475 |
|
|
|
502 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
SABIC Agri-Nutrients Co |
|
|
76,643 |
|
|
$ |
2,601 |
|
Sahara International Petrochemical Co |
|
|
32,481 |
|
|
|
328 |
|
Saudi Arabian Oil Co |
|
|
482,964 |
|
|
|
4,156 |
|
Saudi Basic Industries Corp |
|
|
23,928 |
|
|
|
576 |
|
Saudi British Bank/The |
|
|
50,895 |
|
|
|
478 |
|
Saudi Electricity Co |
|
|
125,866 |
|
|
|
783 |
|
Saudi National Bank/The |
|
|
470,846 |
|
|
|
5,751 |
|
Saudi Telecom Co |
|
|
213,091 |
|
|
|
2,274 |
|
| |
|
|
|
|
|
|
27,240 |
|
| |
|
|
|
|
|
|
|
|
Singapore — 0.2% |
Sea Ltd ADR * |
|
|
32,483 |
|
|
|
2,811 |
|
| |
|
|
|
|
|
|
|
|
South Africa — 4.3% |
Absa Group Ltd |
|
|
329,899 |
|
|
|
3,380 |
|
African Rainbow Minerals Ltd (A) |
|
|
28,717 |
|
|
|
373 |
|
Anglo American PLC |
|
|
155,723 |
|
|
|
5,150 |
|
Bid Corp Ltd |
|
|
164,044 |
|
|
|
3,684 |
|
Bidvest Group Ltd/The |
|
|
250,667 |
|
|
|
3,580 |
|
Exxaro Resources Ltd |
|
|
21,261 |
|
|
|
224 |
|
FirstRand Ltd (A) |
|
|
539,082 |
|
|
|
1,834 |
|
Gold Fields Ltd |
|
|
54,888 |
|
|
|
733 |
|
Gold Fields Ltd ADR |
|
|
367,252 |
|
|
|
4,892 |
|
Growthpoint Properties Ltd ‡ |
|
|
2,389,685 |
|
|
|
1,759 |
|
Impala Platinum Holdings Ltd (A) |
|
|
87,736 |
|
|
|
810 |
|
Kumba Iron Ore Ltd |
|
|
46,150 |
|
|
|
1,170 |
|
Mr Price Group Ltd |
|
|
230,129 |
|
|
|
1,870 |
|
MTN Group Ltd |
|
|
98,423 |
|
|
|
707 |
|
Naspers Ltd, Cl N |
|
|
127,602 |
|
|
|
23,683 |
|
Nedbank Group Ltd |
|
|
384,950 |
|
|
|
4,705 |
|
Sanlam Ltd |
|
|
383,779 |
|
|
|
1,219 |
|
Shoprite Holdings Ltd |
|
|
34,455 |
|
|
|
432 |
|
Sibanye Stillwater Ltd (A) |
|
|
687,126 |
|
|
|
1,419 |
|
Standard Bank Group Ltd |
|
|
63,838 |
|
|
|
622 |
|
Vodacom Group Ltd |
|
|
123,160 |
|
|
|
847 |
|
Woolworths Holdings Ltd/South Africa |
|
|
201,764 |
|
|
|
727 |
|
| |
|
|
|
|
|
|
63,820 |
|
| |
|
|
|
|
|
|
|
|
South Korea — 13.1% |
Amorepacific Corp |
|
|
3,075 |
|
|
|
325 |
|
BGF retail Co Ltd |
|
|
16,635 |
|
|
|
2,317 |
|
Celltrion Inc |
|
|
5,695 |
|
|
|
658 |
|
Cheil Worldwide Inc |
|
|
130,304 |
|
|
|
1,867 |
|
CJ CheilJedang Corp |
|
|
18,190 |
|
|
|
4,557 |
|
CJ Corp |
|
|
16,609 |
|
|
|
1,331 |
|
Coway Co Ltd |
|
|
74,885 |
|
|
|
3,022 |
|
DB HiTek Co Ltd |
|
|
14,187 |
|
|
|
795 |
|
DB Insurance Co Ltd |
|
|
10,692 |
|
|
|
615 |
|
Doosan Bobcat Inc |
|
|
22,194 |
|
|
|
746 |
|
GS Holdings Corp |
|
|
16,037 |
|
|
|
498 |
|
HAESUNG DS Co Ltd |
|
|
5,381 |
|
|
|
220 |
|
Hana Financial Group Inc |
|
|
441,541 |
|
|
|
13,829 |
|
Hankook Tire & Technology Co Ltd |
|
|
86,952 |
|
|
|
2,326 |
|
Hanmi Pharm Co Ltd |
|
|
712 |
|
|
|
140 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
HD Hyundai Co Ltd |
|
|
8,741 |
|
|
$ |
391 |
|
HPSP Co Ltd (A) |
|
|
67,975 |
|
|
|
1,318 |
|
Hyundai Glovis Co Ltd |
|
|
4,512 |
|
|
|
551 |
|
Hyundai Marine & Fire Insurance Co Ltd |
|
|
18,927 |
|
|
|
491 |
|
Hyundai Mobis Co Ltd |
|
|
2,948 |
|
|
|
490 |
|
Hyundai Motor Co |
|
|
6,398 |
|
|
|
910 |
|
Hyundai Steel Co |
|
|
15,896 |
|
|
|
425 |
|
Industrial Bank of Korea |
|
|
77,564 |
|
|
|
603 |
|
Kakao Corp |
|
|
13,631 |
|
|
|
646 |
|
KB Financial Group Inc |
|
|
7,761 |
|
|
|
283 |
|
Kia Corp |
|
|
216,959 |
|
|
|
13,540 |
|
Korea Aerospace Industries Ltd |
|
|
9,255 |
|
|
|
338 |
|
Korean Air Lines Co Ltd |
|
|
14,991 |
|
|
|
268 |
|
KT&G Corp |
|
|
9,227 |
|
|
|
593 |
|
Kumho Petrochemical Co Ltd |
|
|
26,197 |
|
|
|
2,898 |
|
L&F Co Ltd |
|
|
8,685 |
|
|
|
2,106 |
|
LG Chem Ltd |
|
|
22,592 |
|
|
|
12,407 |
|
LG Corp |
|
|
14,002 |
|
|
|
892 |
|
LG Electronics Inc |
|
|
73,518 |
|
|
|
6,561 |
|
LG Energy Solution Ltd * |
|
|
1,225 |
|
|
|
552 |
|
LG Uplus Corp |
|
|
648,942 |
|
|
|
5,407 |
|
Lotte Shopping Co Ltd |
|
|
2,885 |
|
|
|
182 |
|
NAVER Corp * |
|
|
2,281 |
|
|
|
357 |
|
NCSoft Corp |
|
|
12,636 |
|
|
|
3,621 |
|
NH Investment & Securities Co Ltd |
|
|
296,001 |
|
|
|
2,007 |
|
NongShim Co Ltd |
|
|
578 |
|
|
|
168 |
|
Orion Corp/Republic of Korea |
|
|
69,163 |
|
|
|
7,259 |
|
Pan Ocean Co Ltd |
|
|
109,874 |
|
|
|
493 |
|
POSCO Holdings Inc |
|
|
16,913 |
|
|
|
4,785 |
|
Samsung Biologics Co Ltd * |
|
|
495 |
|
|
|
300 |
|
Samsung C&T Corp |
|
|
7,530 |
|
|
|
627 |
|
Samsung Electro-Mechanics Co Ltd |
|
|
2,660 |
|
|
|
314 |
|
Samsung Electronics Co Ltd |
|
|
1,348,499 |
|
|
|
66,685 |
|
Samsung SDI Co Ltd |
|
|
8,881 |
|
|
|
5,045 |
|
Samsung SDS Co Ltd |
|
|
4,565 |
|
|
|
408 |
|
Shinhan Financial Group Co Ltd |
|
|
21,758 |
|
|
|
591 |
|
SK Hynix Inc |
|
|
148,585 |
|
|
|
10,168 |
|
SK Telecom Co Ltd |
|
|
59,685 |
|
|
|
2,214 |
|
Soulbrain Co Ltd |
|
|
6,247 |
|
|
|
1,138 |
|
Sungeel Hitech Co Ltd *(A) |
|
|
10,385 |
|
|
|
1,285 |
|
Woori Financial Group Inc |
|
|
85,699 |
|
|
|
754 |
|
Youngone Corp |
|
|
10,516 |
|
|
|
370 |
|
| |
|
|
|
|
|
|
193,687 |
|
| |
|
|
|
|
|
|
|
|
Switzerland — 0.1% |
Cie Financiere Richemont SA |
|
|
108,259 |
|
|
|
1,730 |
|
| |
|
|
|
|
|
|
|
|
Taiwan — 14.9% |
Accton Technology Corp |
|
|
132,200 |
|
|
|
1,389 |
|
Alchip Technologies Ltd |
|
|
41,000 |
|
|
|
1,679 |
|
ASE Technology Holding Co Ltd |
|
|
355,608 |
|
|
|
1,320 |
|
ASPEED Technology Inc |
|
|
31,189 |
|
|
|
2,722 |
|
AUO Corp |
|
|
503,000 |
|
|
|
306 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Catcher Technology Co Ltd |
|
|
153,677 |
|
|
$ |
961 |
|
Cathay Financial Holding Co Ltd |
|
|
226,000 |
|
|
|
311 |
|
Chailease Holding Co Ltd |
|
|
422,780 |
|
|
|
3,109 |
|
China Development Financial Holding Corp |
|
|
1,810,000 |
|
|
|
749 |
|
Chroma ATE Inc |
|
|
286,000 |
|
|
|
1,672 |
|
Chunghwa Telecom Co Ltd |
|
|
979,426 |
|
|
|
3,850 |
|
Compal Electronics Inc |
|
|
790,000 |
|
|
|
656 |
|
CTBC Financial Holding Co Ltd |
|
|
13,593,817 |
|
|
|
9,789 |
|
Delta Electronics Inc |
|
|
820,000 |
|
|
|
8,136 |
|
E Ink Holdings Inc |
|
|
221,000 |
|
|
|
1,349 |
|
Far Eastern New Century |
|
|
511,000 |
|
|
|
526 |
|
Feng TAY Enterprise Co Ltd |
|
|
35,000 |
|
|
|
223 |
|
First Financial Holding Co Ltd |
|
|
587,000 |
|
|
|
511 |
|
Formosa Plastics Corp |
|
|
296,501 |
|
|
|
895 |
|
Foxconn Technology Co Ltd |
|
|
110,000 |
|
|
|
202 |
|
Fubon Financial Holding Co Ltd |
|
|
2,126,857 |
|
|
|
3,958 |
|
Globalwafers Co Ltd |
|
|
36,000 |
|
|
|
615 |
|
Gudeng Precision Industrial Co Ltd |
|
|
117,000 |
|
|
|
1,444 |
|
Hiwin Technologies Corp |
|
|
360,119 |
|
|
|
2,971 |
|
Hon Hai Precision Industry Co Ltd |
|
|
575,631 |
|
|
|
1,970 |
|
Hua Nan Financial Holdings Co Ltd |
|
|
332,000 |
|
|
|
244 |
|
Innolux Corp |
|
|
632,000 |
|
|
|
303 |
|
Keystone Microtech Corp |
|
|
5,000 |
|
|
|
34 |
|
Largan Precision Co Ltd |
|
|
11,207 |
|
|
|
804 |
|
Lite-On Technology Corp |
|
|
160,887 |
|
|
|
387 |
|
Macronix International Co Ltd * |
|
|
3,998,000 |
|
|
|
4,622 |
|
Makalot Industrial Co Ltd |
|
|
64,000 |
|
|
|
456 |
|
MediaTek Inc |
|
|
192,339 |
|
|
|
4,987 |
|
Mega Financial Holding Co Ltd |
|
|
169,000 |
|
|
|
183 |
|
Micro-Star International Co Ltd |
|
|
1,245,000 |
|
|
|
5,918 |
|
momo.com Inc |
|
|
98,000 |
|
|
|
2,920 |
|
Nan Ya Plastics Corp |
|
|
351,209 |
|
|
|
895 |
|
Nan Ya Printed Circuit Board Corp |
|
|
230,000 |
|
|
|
2,156 |
|
Nanya Technology Corp |
|
|
217,000 |
|
|
|
476 |
|
Nien Made Enterprise Co Ltd |
|
|
178,000 |
|
|
|
1,917 |
|
Novatek Microelectronics Corp |
|
|
68,000 |
|
|
|
966 |
|
Parade Technologies Ltd |
|
|
54,000 |
|
|
|
1,870 |
|
Pegatron Corp |
|
|
280,673 |
|
|
|
644 |
|
Pou Chen Corp |
|
|
496,429 |
|
|
|
510 |
|
President Chain Store Corp |
|
|
37,471 |
|
|
|
332 |
|
Radiant Opto-Electronics Corp |
|
|
147,169 |
|
|
|
536 |
|
Realtek Semiconductor Corp |
|
|
23,000 |
|
|
|
294 |
|
Shanghai Commercial & Savings Bank Ltd/The |
|
|
219,133 |
|
|
|
338 |
|
SinoPac Financial Holdings Co Ltd |
|
|
1,814,048 |
|
|
|
992 |
|
Taishin Financial Holding Co Ltd |
|
|
565,000 |
|
|
|
309 |
|
Taiwan Semiconductor Manufacturing Co Ltd |
|
|
5,141,465 |
|
|
|
90,102 |
|
Taiwan Semiconductor Manufacturing Co Ltd ADR |
|
|
146,043 |
|
|
|
13,585 |
|
Tong Hsing Electronic Industries Ltd |
|
|
106,381 |
|
|
|
697 |
|
Unimicron Technology Corp |
|
|
665,000 |
|
|
|
3,243 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Market Equity Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
Uni-President Enterprises Corp |
|
|
3,584,875 |
|
|
$ |
8,475 |
|
United Microelectronics Corp |
|
|
4,355,884 |
|
|
|
7,623 |
|
Win Semiconductors Corp |
|
|
259,000 |
|
|
|
1,561 |
|
Wiwynn Corp |
|
|
203,000 |
|
|
|
7,532 |
|
Yageo Corp |
|
|
132,388 |
|
|
|
2,308 |
|
Yuanta Financial Holding Co Ltd |
|
|
452,000 |
|
|
|
332 |
|
Zhen Ding Technology Holding Ltd |
|
|
187,712 |
|
|
|
706 |
|
| |
|
|
|
|
|
|
220,570 |
|
| |
|
|
|
|
|
|
|
|
Thailand — 2.4% |
Bangkok Bank PCL |
|
|
591,500 |
|
|
|
2,624 |
|
Bangkok Dusit Medical Services PCL NVDR |
|
|
899,616 |
|
|
|
777 |
|
Bumrungrad Hospital PCL NVDR |
|
|
85,163 |
|
|
|
563 |
|
Central Pattana PCL |
|
|
1,184,400 |
|
|
|
2,385 |
|
Charoen Pokphand Foods PCL |
|
|
3,468,900 |
|
|
|
2,151 |
|
Charoen Pokphand Foods PCL NVDR |
|
|
720,557 |
|
|
|
447 |
|
Chularat Hospital PCL NVDR |
|
|
3,712,403 |
|
|
|
393 |
|
CP ALL PCL NVDR |
|
|
170,200 |
|
|
|
309 |
|
Gulf Energy Development PCL NVDR |
|
|
159,517 |
|
|
|
246 |
|
Home Product Center PCL |
|
|
13,550,354 |
|
|
|
5,721 |
|
Indorama Ventures PCL NVDR |
|
|
55,553 |
|
|
|
56 |
|
Kasikornbank PCL NVDR |
|
|
1,628,900 |
|
|
|
6,319 |
|
Kiatnakin Phatra Bank PCL NVDR (A) |
|
|
155,939 |
|
|
|
289 |
|
Krung Thai Bank PCL NVDR |
|
|
1,494,237 |
|
|
|
722 |
|
Land & Houses PCL NVDR |
|
|
2,011,934 |
|
|
|
580 |
|
PTT Exploration & Production PCL |
|
|
952,400 |
|
|
|
4,185 |
|
PTT Exploration & Production PCL NVDR |
|
|
60,260 |
|
|
|
265 |
|
PTT PCL NVDR |
|
|
6,743,600 |
|
|
|
6,223 |
|
Supalai PCL NVDR |
|
|
660,915 |
|
|
|
429 |
|
Thai Beverage PCL |
|
|
876,200 |
|
|
|
416 |
|
Thanachart Capital PCL NVDR |
|
|
591,689 |
|
|
|
793 |
|
| |
|
|
|
|
|
|
35,893 |
|
| |
|
|
|
|
|
|
|
|
Turkey — 0.5% |
BIM Birlesik Magazalar AS |
|
|
400,734 |
|
|
|
3,104 |
|
Haci Omer Sabanci Holding AS |
|
|
150,177 |
|
|
|
310 |
|
KOC Holding AS |
|
|
452,408 |
|
|
|
1,803 |
|
Tofas Turk Otomobil Fabrikasi AS |
|
|
45,433 |
|
|
|
442 |
|
Turk Hava Yollari AO * |
|
|
78,921 |
|
|
|
487 |
|
Turkcell Iletisim Hizmetleri AS (A) |
|
|
727,725 |
|
|
|
1,213 |
|
Turkiye Petrol Rafinerileri AS |
|
|
8,664 |
|
|
|
239 |
|
| |
|
|
|
|
|
|
7,598 |
|
| |
|
|
|
|
|
|
|
|
United Arab Emirates — 1.4% |
Abu Dhabi Islamic Bank PJSC |
|
|
256,334 |
|
|
|
697 |
|
Adnoc Gas PLC * |
|
|
2,585,721 |
|
|
|
2,112 |
|
Americana Restaurants International PLC |
|
|
1,809,185 |
|
|
|
1,947 |
|
Borouge PLC |
|
|
241,961 |
|
|
|
170 |
|
Dubai Islamic Bank PJSC |
|
|
3,718,233 |
|
|
|
5,295 |
|
Emaar Properties PJSC |
|
|
5,710,071 |
|
|
|
8,707 |
|
Emirates NBD Bank PJSC |
|
|
169,855 |
|
|
|
608 |
|
Emirates Telecommunications Group Co PJSC |
|
|
81,939 |
|
|
|
492 |
|
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
COMMON STOCK (continued) |
First Abu Dhabi Bank PJSC |
|
|
79,876 |
|
|
$ |
280 |
|
| |
|
|
|
|
|
|
20,308 |
|
| |
|
|
|
|
|
|
|
|
United Kingdom — 0.1% |
Network International Holdings PLC * |
|
|
429,937 |
|
|
|
1,301 |
|
| |
|
|
|
|
|
|
|
|
United States — 0.0% |
JBS S/A |
|
|
166,515 |
|
|
|
585 |
|
| |
|
|
|
|
|
|
|
|
Vietnam — 0.4% |
Hoa Phat Group JSC |
|
|
538,217 |
|
|
|
479 |
|
Vincom Retail JSC * |
|
|
655,545 |
|
|
|
829 |
|
Vinhomes JSC |
|
|
2,438,600 |
|
|
|
5,358 |
|
| |
|
|
|
|
|
|
6,666 |
|
| |
|
|
|
|
|
|
|
|
Total Common Stock |
|
|
|
|
|
|
|
|
(Cost $1,243,937) ($ Thousands) |
|
|
|
|
|
|
1,393,203 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
PREFERRED STOCK — 2.8% |
Brazil — 1.7% |
Cia Energetica de Minas Gerais (C) |
|
|
1,213,339 |
|
|
|
2,745 |
|
Itau Unibanco Holding SA (C) |
|
|
946,306 |
|
|
|
4,638 |
|
Itau Unibanco Holding SA ADR *(C) |
|
|
1,932,997 |
|
|
|
9,413 |
|
Itausa SA *(C) |
|
|
272,487 |
|
|
|
442 |
|
Petroleo Brasileiro SA ADR, Cl A (C) |
|
|
679,912 |
|
|
|
6,310 |
|
Petroleo Brasileiro SA (C) |
|
|
486,563 |
|
|
|
2,245 |
|
| |
|
|
|
|
|
|
25,793 |
|
| |
|
|
|
|
|
|
|
|
South Korea — 1.1% |
Hyundai Motor Co (C) |
|
|
69,066 |
|
|
|
5,064 |
|
LG Chem Ltd (C) |
|
|
11,840 |
|
|
|
2,837 |
|
LG Electronics Inc (C) |
|
|
29,217 |
|
|
|
1,098 |
|
Samsung Electronics Co Ltd (C) |
|
|
162,739 |
|
|
|
6,772 |
|
| |
|
|
|
|
|
|
15,771 |
|
| |
|
|
|
|
|
|
|
|
Total Preferred Stock |
|
|
|
|
|
|
|
|
(Cost $46,246) ($ Thousands) |
|
|
|
|
|
|
41,564 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
Face Amount
(Thousands) |
|
|
|
|
|
DEBENTURE BOND — 0.0% |
Brazil — 0.0% |
|
|
|
|
Vale SA, Ser 1997 |
|
|
|
|
|
|
|
|
0.000% (D)(E) |
|
BRL |
8 |
|
|
|
– |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Debenture Bond |
|
|
|
|
|
|
|
|
(Cost $—) ($ Thousands) |
|
|
|
|
|
|
– |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Shares |
|
|
Market Value
($ Thousands) |
|
AFFILIATED PARTNERSHIP — 0.8% |
SEI Liquidity Fund, LP |
|
|
|
|
|
|
|
|
4.740% **†(F) |
|
|
11,528,004 |
|
|
$ |
11,536 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Affiliated Partnership |
|
|
|
|
|
|
|
|
(Cost $11,529) ($ Thousands) |
|
|
11,536 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
CASH EQUIVALENT — 1.5% |
SEI Daily Income Trust, Government Fund, Institutional Class |
|
|
|
|
|
|
|
|
4.570%**† |
|
|
22,113,049 |
|
|
|
22,113 |
|
| |
|
|
|
|
|
|
|
|
Total Cash Equivalent |
|
|
|
|
|
|
|
|
(Cost $22,113) ($ Thousands) |
|
|
|
|
|
|
22,113 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Investments in Securities — 99.0% |
|
|
|
|
|
|
|
|
(Cost $1,323,825) ($ Thousands) |
|
$ |
1,468,416 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
A list of the open futures contracts held by the Fund at March 31, 2023, is as follows:
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation (Thousands) |
|
Long Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MSCI Emerging Markets |
|
|
468 |
|
|
|
Jun-2023 |
|
|
$ |
22,546 |
|
|
$ |
23,295 |
|
|
$ |
749 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentages are based on Net Assets of $1,483,228 ($ Thousands). |
* |
Non-income producing security. |
** |
The rate reported is the 7-day effective yield as of March 31, 2023. |
† |
Investment in Affiliated Security (see Note 5). |
‡ |
Real Estate Investment Trust. |
(A) |
Certain securities or partial positions of certain securities are on loan at March 31, 2023 (see Note 9). |
(B) |
Level 3 security in accordance with fair value hierarchy. |
(C) |
No interest rate available. |
(D) |
Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
(E) |
Perpetual security with no stated maturity date. |
(F) |
This security was purchased with cash collateral held from securities on loan (see Note 9). The total market value of such securities as of March 31, 2023 was $11,536 ($ Thousands). |
The following is a summary of the level of inputs used as of March 31, 2023, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
Investments in Securities |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($)(1) |
|
|
Total
($) |
|
Common Stock |
|
|
1,393,203 |
|
|
|
– |
|
|
|
– |
^ |
|
|
1,393,203 |
|
Preferred Stock |
|
|
41,564 |
|
|
|
– |
|
|
|
– |
|
|
|
41,564 |
|
Debenture Bond |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
Affiliated Partnership |
|
|
– |
|
|
|
11,536 |
|
|
|
– |
|
|
|
11,536 |
|
Cash Equivalent |
|
|
22,113 |
|
|
|
– |
|
|
|
– |
|
|
|
22,113 |
|
Total Investments in Securities |
|
|
1,456,880 |
|
|
|
11,536 |
|
|
|
– |
|
|
|
1,468,416 |
|
Other Financial Instruments |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($) |
|
|
Total
($) |
|
Futures Contracts* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
749 |
|
|
|
– |
|
|
|
– |
|
|
|
749 |
|
Total Other Financial Instruments |
|
|
749 |
|
|
|
– |
|
|
|
– |
|
|
|
749 |
|
^One security with market value of $0. (1) A reconciliation of Level 3 instruments is presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to the net assets. Management has concluded that Level 3 investments are not material in relation to net assets.
|
*
|
Futures contracts are valued at the unrealized appreciation on the instrument.
|
For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Market Equity Fund (Concluded)
The following is a summary of the transactions with affiliates for the period ended March 31, 2023 ($ Thousands):
Security Description |
|
Value 9/30/2022 |
|
|
Purchases at Cost |
|
|
Proceeds from Sales |
|
|
Realized Gain/(Loss) |
|
|
Change in Unrealized Appreciation/(Depreciation) |
|
|
Value 3/31/2023 |
|
|
Income |
|
|
Capital Gains |
|
SEI Liquidity Fund, LP |
|
$ |
8,462 |
|
|
$ |
133,305 |
|
|
$ |
(130,239 |
) |
|
$ |
1 |
|
|
$ |
7 |
|
|
$ |
11,536 |
|
|
$ |
75 |
|
|
$ |
— |
|
SEI Daily Income Trust, Government Fund, Institutional Class |
|
|
19,914 |
|
|
|
104,081 |
|
|
|
(101,882 |
) |
|
|
— |
|
|
|
— |
|
|
|
22,113 |
|
|
|
262 |
|
|
|
— |
|
Totals |
|
$ |
28,376 |
|
|
$ |
237,386 |
|
|
$ |
(232,121 |
) |
|
$ |
1 |
|
|
$ |
7 |
|
|
$ |
33,649 |
|
|
$ |
337 |
|
|
$ |
— |
|
Amounts designated as “—” are $0 or have been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund
†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS — 91.9% |
Australia — 2.4% |
|
|
|
|
Australia & New Zealand Banking Group MTN |
|
|
|
|
|
|
|
|
5.000%, 08/16/2023 |
|
AUD |
750 |
|
|
$ |
504 |
|
Australia Government Bond |
|
|
|
|
|
|
|
|
4.750%, 04/21/2027 |
|
|
1,070 |
|
|
|
765 |
|
4.500%, 04/21/2033 |
|
|
2,313 |
|
|
|
1,706 |
|
3.750%, 04/21/2037 |
|
|
393 |
|
|
|
269 |
|
3.250%, 04/21/2025 |
|
|
843 |
|
|
|
568 |
|
3.000%, 03/21/2047 |
|
|
1,125 |
|
|
|
659 |
|
2.750%, 11/21/2027 |
|
|
855 |
|
|
|
566 |
|
2.750%, 05/21/2041 |
|
|
1,042 |
|
|
|
608 |
|
2.500%, 05/21/2030 |
|
|
1,401 |
|
|
|
897 |
|
2.250%, 05/21/2028 |
|
|
33 |
|
|
|
21 |
|
1.750%, 06/21/2051 |
|
|
1,371 |
|
|
|
592 |
|
0.500%, 09/21/2026 |
|
|
2,364 |
|
|
|
1,456 |
|
Commonwealth Bank of Australia |
|
|
|
|
|
|
|
|
0.125%, 10/15/2029 |
|
EUR |
270 |
|
|
|
237 |
|
Glencore Capital Finance DAC MTN |
|
|
|
|
|
|
|
|
0.750%, 03/01/2029 |
|
|
450 |
|
|
|
395 |
|
Glencore Finance Europe MTN |
|
|
|
|
|
|
|
|
1.500%, 10/15/2026 |
|
|
120 |
|
|
|
120 |
|
National Australia Bank |
|
|
|
|
|
|
|
|
5.000%, 03/11/2024 |
|
AUD |
750 |
|
|
|
506 |
|
National Australia Bank MTN |
|
|
|
|
|
|
|
|
2.250%, 06/06/2025 |
|
EUR |
206 |
|
|
|
218 |
|
New South Wales Treasury |
|
|
|
|
|
|
|
|
2.000%, 03/08/2033 |
|
AUD |
1,215 |
|
|
|
676 |
|
Westpac Banking MTN |
|
|
|
|
|
|
|
|
1.250%, 01/14/2033 |
|
EUR |
310 |
|
|
|
275 |
|
| |
|
|
|
|
|
|
11,038 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Austria — 0.9% |
|
|
|
|
Republic of Austria Government Bond (A) |
|
|
|
|
|
|
|
|
4.150%, 03/15/2037 |
|
EUR |
561 |
|
|
$ |
681 |
|
2.400%, 05/23/2034 |
|
|
110 |
|
|
|
113 |
|
2.100%, 09/20/2117 |
|
|
50 |
|
|
|
40 |
|
1.850%, 05/23/2049 |
|
|
545 |
|
|
|
464 |
|
0.850%, 06/30/2120 |
|
|
87 |
|
|
|
40 |
|
0.750%, 10/20/2026 |
|
|
865 |
|
|
|
879 |
|
0.023%, 02/20/2031 |
|
|
730 |
|
|
|
633 |
|
0.000%, 04/20/2025 (B) |
|
|
647 |
|
|
|
663 |
|
Republic of Austria Government Bond, Ser 97-6 |
|
|
|
|
|
|
|
|
6.250%, 07/15/2027 |
|
|
663 |
|
|
|
820 |
|
| |
|
|
|
|
|
|
4,333 |
|
| |
|
|
|
|
|
|
|
|
Belgium — 1.2% |
|
|
|
|
Ageas |
|
|
|
|
|
|
|
|
1.875%, 11/24/2051 (C) |
|
|
200 |
|
|
|
155 |
|
Anheuser-Busch InBev MTN |
|
|
|
|
|
|
|
|
9.750%, 07/30/2024 |
|
GBP |
250 |
|
|
|
327 |
|
Azelis Finance |
|
|
|
|
|
|
|
|
5.750%, 03/15/2028 (A) |
|
EUR |
170 |
|
|
|
187 |
|
KBC Group |
|
|
|
|
|
|
|
|
5.796%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.100%, 01/19/2029 (A)(C) |
|
$ |
202 |
|
|
|
203 |
|
4.250%, EUR Swap Annual 5 Yr + 3.594% (C)(D) |
|
EUR |
200 |
|
|
|
183 |
|
Kingdom of Belgium Government Bond |
|
|
|
|
|
|
|
|
4.250%, 03/28/2041 (A) |
|
|
470 |
|
|
|
576 |
|
3.750%, 06/22/2045 |
|
|
419 |
|
|
|
485 |
|
3.000%, 06/22/2034 (A) |
|
|
580 |
|
|
|
625 |
|
1.700%, 06/22/2050 (A) |
|
|
250 |
|
|
|
194 |
|
1.600%, 06/22/2047 (A) |
|
|
351 |
|
|
|
273 |
|
1.400%, 06/22/2053 (A) |
|
|
315 |
|
|
|
218 |
|
1.000%, 06/22/2026 (A) |
|
|
370 |
|
|
|
381 |
|
1.000%, 06/22/2031 (A) |
|
|
490 |
|
|
|
462 |
|
0.350%, 06/22/2032 (A) |
|
|
636 |
|
|
|
549 |
|
0.007%, 10/22/2031 (A) |
|
|
266 |
|
|
|
227 |
|
0.000%, 10/22/2027 (A)(B) |
|
|
459 |
|
|
|
442 |
|
Kingdom of Belgium Government Bond, Ser 44 |
|
|
|
|
|
|
|
|
5.000%, 03/28/2035 (A) |
|
|
64 |
|
|
|
82 |
|
| |
|
|
|
|
|
|
5,569 |
|
| |
|
|
|
|
|
|
|
|
Brazil — 0.0% |
|
|
|
|
OEC Finance |
|
|
|
|
|
|
|
|
7.125%, 12/26/2046 |
|
$ |
185 |
|
|
|
7 |
|
4.375%, 10/25/2029 |
|
|
115 |
|
|
|
4 |
|
| |
|
|
|
|
|
|
11 |
|
| |
|
|
|
|
|
|
|
|
Canada — 6.9% |
|
|
|
|
Bank of Nova Scotia |
|
|
|
|
|
|
|
|
0.010%, 03/18/2025 |
|
EUR |
326 |
|
|
|
331 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Bell Telephone of Canada or Bell Canada MTN |
|
|
|
|
|
|
|
|
4.700%, 09/11/2023 |
|
CAD |
80 |
|
|
$ |
59 |
|
3.000%, 03/17/2031 |
|
|
651 |
|
|
|
426 |
|
Canada Housing Trust No. 1 |
|
|
|
|
|
|
|
|
2.250%, 12/15/2025 (A) |
|
|
1,325 |
|
|
|
944 |
|
Canadian Government Bond |
|
|
|
|
|
|
|
|
5.750%, 06/01/2033 |
|
|
621 |
|
|
|
571 |
|
3.500%, 12/01/2045 |
|
|
218 |
|
|
|
172 |
|
2.750%, 12/01/2048 |
|
|
400 |
|
|
|
279 |
|
2.750%, 12/01/2048 |
|
|
19 |
|
|
|
13 |
|
2.500%, 06/01/2024 |
|
|
1,270 |
|
|
|
922 |
|
2.250%, 06/01/2029 |
|
|
3,486 |
|
|
|
2,486 |
|
1.500%, 06/01/2026 |
|
|
6,646 |
|
|
|
4,661 |
|
1.500%, 06/01/2031 |
|
|
268 |
|
|
|
178 |
|
1.000%, 06/01/2027 |
|
|
1,375 |
|
|
|
937 |
|
0.500%, 12/01/2030 |
|
|
1,028 |
|
|
|
637 |
|
Canadian Pacific Railway |
|
|
|
|
|
|
|
|
1.350%, 12/02/2024 |
|
$ |
805 |
|
|
|
758 |
|
Canadian When Issued Government Bond |
|
|
|
|
|
|
|
|
2.750%, 09/01/2027 |
|
CAD |
881 |
|
|
|
642 |
|
2.000%, 12/01/2051 |
|
|
501 |
|
|
|
296 |
|
CDP Financial |
|
|
|
|
|
|
|
|
1.125%, 04/06/2027 (A) |
|
EUR |
1,062 |
|
|
|
1,059 |
|
CPPIB Capital MTN |
|
|
|
|
|
|
|
|
0.250%, 04/06/2027 |
|
|
1,765 |
|
|
|
1,703 |
|
Enbridge Pipelines MTN |
|
|
|
|
|
|
|
|
2.820%, 05/12/2031 |
|
CAD |
400 |
|
|
|
256 |
|
OMERS Finance Trust |
|
|
|
|
|
|
|
|
3.500%, 04/19/2032 (A) |
|
$ |
555 |
|
|
|
521 |
|
Ontario Teachers' Finance Trust |
|
|
|
|
|
|
|
|
2.000%, 04/16/2031 (A) |
|
|
1,914 |
|
|
|
1,630 |
|
1.850%, 05/03/2032 (A) |
|
EUR |
444 |
|
|
|
420 |
|
0.500%, 05/06/2025 |
|
|
1,066 |
|
|
|
1,087 |
|
Province of Alberta Canada |
|
|
|
|
|
|
|
|
0.500%, 04/16/2025 |
|
|
400 |
|
|
|
411 |
|
Province of British Columbia Canada |
|
|
|
|
|
|
|
|
2.950%, 12/18/2028 |
|
CAD |
1,653 |
|
|
|
1,191 |
|
2.750%, 06/18/2052 |
|
|
835 |
|
|
|
484 |
|
Province of Ontario Canada |
|
|
|
|
|
|
|
|
4.700%, 06/02/2037 |
|
|
1,355 |
|
|
|
1,077 |
|
4.650%, 06/02/2041 |
|
|
540 |
|
|
|
427 |
|
2.800%, 06/02/2048 |
|
|
2,200 |
|
|
|
1,300 |
|
2.400%, 06/02/2026 |
|
|
585 |
|
|
|
417 |
|
Province of Ontario Canada MTN |
|
|
|
|
|
|
|
|
0.250%, 12/15/2026 |
|
GBP |
2,337 |
|
|
|
2,480 |
|
Province of Quebec Canada |
|
|
|
|
|
|
|
|
6.250%, 06/01/2032 |
|
CAD |
720 |
|
|
|
638 |
|
3.500%, 12/01/2048 |
|
|
520 |
|
|
|
348 |
|
Province of Quebec Canada MTN |
|
|
|
|
|
|
|
|
3.700%, 05/20/2026 |
|
AUD |
568 |
|
|
|
377 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Royal Bank of Canada |
|
|
|
|
|
|
|
|
2.949%, 05/01/2023 |
|
CAD |
1,300 |
|
|
$ |
959 |
|
Royal Bank of Canada MTN |
|
|
|
|
|
|
|
|
1.125%, 12/15/2025 |
|
GBP |
230 |
|
|
|
256 |
|
TELUS |
|
|
|
|
|
|
|
|
5.250%, 11/15/2032 |
|
CAD |
482 |
|
|
|
363 |
|
Toronto-Dominion Bank |
|
|
|
|
|
|
|
|
5.103%, 01/09/2026 |
|
$ |
250 |
|
|
|
252 |
|
TransCanada PipeLines |
|
|
|
|
|
|
|
|
5.330%, 05/12/2032 |
|
CAD |
241 |
|
|
|
181 |
|
| |
|
|
|
|
|
|
32,149 |
|
| |
|
|
|
|
|
|
|
|
Cayman Islands — 0.0% |
|
|
|
|
Odebrecht Holdco Finance Ltd |
|
|
|
|
|
|
|
|
0.000%, 09/10/2058 (E) |
|
$ |
311 |
|
|
|
– |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
China — 10.5% |
|
|
|
|
Agricultural Development Bank of China |
|
|
|
|
|
|
|
|
3.740%, 07/12/2029 |
|
CNY |
8,500 |
|
|
|
1,289 |
|
China Development Bank |
|
|
|
|
|
|
|
|
4.880%, 02/09/2028 |
|
|
10,600 |
|
|
|
1,678 |
|
3.700%, 10/20/2030 |
|
|
9,430 |
|
|
|
1,433 |
|
3.660%, 03/01/2031 |
|
|
4,680 |
|
|
|
710 |
|
3.650%, 05/21/2029 |
|
|
18,120 |
|
|
|
2,734 |
|
3.480%, 01/08/2029 |
|
|
23,680 |
|
|
|
3,539 |
|
3.400%, 01/08/2028 |
|
|
7,190 |
|
|
|
1,069 |
|
3.390%, 07/10/2027 |
|
|
16,630 |
|
|
|
2,467 |
|
3.230%, 01/10/2025 |
|
|
11,360 |
|
|
|
1,672 |
|
3.120%, 09/13/2031 |
|
|
9,540 |
|
|
|
1,396 |
|
China Government Bond |
|
|
|
|
|
|
|
|
3.810%, 09/14/2050 |
|
|
19,820 |
|
|
|
3,176 |
|
3.720%, 04/12/2051 |
|
|
37,650 |
|
|
|
5,921 |
|
3.530%, 10/18/2051 |
|
|
1,480 |
|
|
|
226 |
|
2.850%, 06/04/2027 |
|
|
10,790 |
|
|
|
1,581 |
|
2.750%, 02/17/2032 |
|
|
16,390 |
|
|
|
2,361 |
|
2.640%, 01/15/2028 |
|
|
11,680 |
|
|
|
1,696 |
|
2.620%, 09/25/2029 |
|
|
37,340 |
|
|
|
5,365 |
|
2.600%, 09/01/2032 |
|
|
10,500 |
|
|
|
1,492 |
|
2.370%, 01/20/2027 |
|
|
10,830 |
|
|
|
1,561 |
|
2.180%, 06/25/2024 |
|
|
17,530 |
|
|
|
2,546 |
|
2.180%, 08/25/2025 |
|
|
26,340 |
|
|
|
3,804 |
|
Export-Import Bank of China |
|
|
|
|
|
|
|
|
3.180%, 03/11/2032 |
|
|
4,450 |
|
|
|
655 |
|
Prosus NV MTN |
|
|
|
|
|
|
|
|
2.031%, 08/03/2032 |
|
EUR |
245 |
|
|
|
190 |
|
1.985%, 07/13/2033 (A) |
|
|
320 |
|
|
|
239 |
|
| |
|
|
|
|
|
|
48,800 |
|
| |
|
|
|
|
|
|
|
|
Colombia — 1.0% |
|
|
|
|
Colombian TES |
|
|
|
|
|
|
|
|
10.000%, 07/24/2024 |
|
COP |
2,757,800 |
|
|
|
586 |
|
9.250%, 05/28/2042 |
|
|
828,200 |
|
|
|
140 |
|
7.750%, 09/18/2030 |
|
|
5,638,800 |
|
|
|
986 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
7.500%, 08/26/2026 |
|
COP |
1,565,300 |
|
|
$ |
302 |
|
7.250%, 10/18/2034 |
|
|
3,974,900 |
|
|
|
610 |
|
7.000%, 03/26/2031 |
|
|
1,906,700 |
|
|
|
314 |
|
7.000%, 06/30/2032 |
|
|
3,506,900 |
|
|
|
556 |
|
6.250%, 07/09/2036 |
|
|
481,100 |
|
|
|
65 |
|
6.000%, 04/28/2028 |
|
|
2,966,000 |
|
|
|
509 |
|
5.750%, 11/03/2027 |
|
|
1,919,300 |
|
|
|
333 |
|
| |
|
|
|
|
|
|
4,401 |
|
| |
|
|
|
|
|
|
|
|
Czech Republic — 0.2% |
|
|
|
|
Czech Republic Government Bond |
|
|
|
|
|
|
|
|
2.500%, 08/25/2028 |
|
CZK |
14,630 |
|
|
|
603 |
|
1.200%, 03/13/2031 |
|
|
8,010 |
|
|
|
285 |
|
| |
|
|
|
|
|
|
888 |
|
| |
|
|
|
|
|
|
|
|
Denmark — 0.2% |
|
|
|
|
Denmark Government Bond |
|
|
|
|
|
|
|
|
4.500%, 11/15/2039 |
|
DKK |
2,040 |
|
|
|
371 |
|
0.000%, 11/15/2031 (B) |
|
|
2,049 |
|
|
|
241 |
|
Kommunekredit MTN |
|
|
|
|
|
|
|
|
0.125%, 09/26/2040 |
|
EUR |
275 |
|
|
|
176 |
|
| |
|
|
|
|
|
|
788 |
|
| |
|
|
|
|
|
|
|
|
Finland — 0.4% |
|
|
|
|
Finland Government Bond (A) |
|
|
|
|
|
|
|
|
2.625%, 07/04/2042 |
|
|
139 |
|
|
|
142 |
|
0.875%, 09/15/2025 |
|
|
355 |
|
|
|
368 |
|
0.125%, 09/15/2031 |
|
|
610 |
|
|
|
528 |
|
0.125%, 04/15/2052 |
|
|
135 |
|
|
|
69 |
|
Nordea Bank Abp MTN |
|
|
|
|
|
|
|
|
6.125%, USD Swap Semi 30/360 5 Yr Curr + 3.388% (C)(D) |
|
$ |
200 |
|
|
|
185 |
|
Nordea Kiinnitysluottopankki MTN |
|
|
|
|
|
|
|
|
0.250%, 03/18/2026 |
|
EUR |
480 |
|
|
|
477 |
|
| |
|
|
|
|
|
|
1,769 |
|
| |
|
|
|
|
|
|
|
|
France — 5.4% |
|
|
|
|
BNP Paribas |
|
|
|
|
|
|
|
|
4.625%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.340% (C)(D) |
|
$ |
240 |
|
|
|
179 |
|
2.159%, U.S. SOFR + 1.218%, 09/15/2029 (A)(C) |
|
|
360 |
|
|
|
300 |
|
BNP Paribas MTN |
|
|
|
|
|
|
|
|
3.375%, 01/23/2026 |
|
GBP |
490 |
|
|
|
574 |
|
BNP Paribas Home Loan SFH |
|
|
|
|
|
|
|
|
0.375%, 05/07/2025 |
|
EUR |
400 |
|
|
|
408 |
|
BPCE |
|
|
|
|
|
|
|
|
1.000%, 01/20/2026 (A) |
|
$ |
950 |
|
|
|
847 |
|
BPCE MTN |
|
|
|
|
|
|
|
|
2.000%, 06/05/2025 |
|
AUD |
440 |
|
|
|
275 |
|
Caisse d'Amortissement de la Dette Sociale MTN |
|
|
|
|
|
|
|
|
1.750%, 11/25/2027 |
|
EUR |
500 |
|
|
|
514 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Caisse Francaise de Financement Local MTN |
|
|
|
|
|
|
|
|
3.000%, 10/02/2028 |
|
EUR |
100 |
|
|
$ |
107 |
|
0.500%, 01/19/2026 |
|
|
500 |
|
|
|
503 |
|
Cie de Financement Foncier |
|
|
|
|
|
|
|
|
0.375%, 12/11/2024 |
|
|
300 |
|
|
|
310 |
|
Cie de Financement Foncier MTN |
|
|
|
|
|
|
|
|
5.500%, 01/26/2027 |
|
GBP |
387 |
|
|
|
491 |
|
CNP Assurances MTN |
|
|
|
|
|
|
|
|
2.500%, 06/30/2051 (C) |
|
EUR |
200 |
|
|
|
175 |
|
Credit Agricole Assurances |
|
|
|
|
|
|
|
|
4.750%, 09/27/2048 (C) |
|
|
200 |
|
|
|
207 |
|
Credit Agricole Home Loan SFH MTN |
|
|
|
|
|
|
|
|
1.250%, 03/24/2031 |
|
|
300 |
|
|
|
281 |
|
0.500%, 02/19/2026 |
|
|
300 |
|
|
|
301 |
|
0.250%, 02/23/2024 |
|
|
700 |
|
|
|
740 |
|
Dexia Credit Local MTN |
|
|
|
|
|
|
|
|
0.625%, 02/03/2024 |
|
|
200 |
|
|
|
212 |
|
0.500%, 01/17/2025 |
|
|
300 |
|
|
|
310 |
|
0.000%, 05/29/2024 (B) |
|
|
1,200 |
|
|
|
1,253 |
|
Electricite de France |
|
|
|
|
|
|
|
|
5.625%, USD Swap Semi 30/360 10 Yr Curr + 3.041% (A)(C)(D) |
|
$ |
200 |
|
|
|
193 |
|
Electricite de France MTN |
|
|
|
|
|
|
|
|
5.375%, EUR Swap Annual 12 Yr + 3.794% (C)(D) |
|
EUR |
200 |
|
|
|
207 |
|
4.000%, 11/12/2025 |
|
|
350 |
|
|
|
384 |
|
French Republic Government Bond OAT |
|
|
|
|
|
|
|
|
5.750%, 10/25/2032 |
|
|
271 |
|
|
|
367 |
|
4.500%, 04/25/2041 |
|
|
389 |
|
|
|
498 |
|
4.000%, 04/25/2055 (A) |
|
|
139 |
|
|
|
173 |
|
2.500%, 05/25/2030 |
|
|
135 |
|
|
|
145 |
|
2.000%, 11/25/2032 |
|
|
857 |
|
|
|
867 |
|
1.750%, 06/25/2039 (A) |
|
|
256 |
|
|
|
231 |
|
1.750%, 05/25/2066 (A) |
|
|
84 |
|
|
|
62 |
|
1.500%, 05/25/2050 (A) |
|
|
1,786 |
|
|
|
1,349 |
|
1.250%, 05/25/2036 (A) |
|
|
240 |
|
|
|
210 |
|
1.000%, 05/25/2027 |
|
|
4,748 |
|
|
|
4,823 |
|
0.750%, 05/25/2052 |
|
|
202 |
|
|
|
120 |
|
0.750%, 05/25/2053 (A) |
|
|
691 |
|
|
|
398 |
|
0.500%, 05/25/2040 (A) |
|
|
696 |
|
|
|
492 |
|
0.500%, 06/25/2044 (A) |
|
|
1,230 |
|
|
|
795 |
|
0.000%, 02/25/2027 (B) |
|
|
2,107 |
|
|
|
2,066 |
|
0.000%, 11/25/2029 (B) |
|
|
504 |
|
|
|
460 |
|
SNCF Reseau MTN |
|
|
|
|
|
|
|
|
4.250%, 10/07/2026 |
|
|
200 |
|
|
|
225 |
|
2.250%, 12/20/2047 |
|
|
300 |
|
|
|
250 |
|
2.000%, 02/05/2048 |
|
|
300 |
|
|
|
234 |
|
1.125%, 05/19/2027 |
|
|
300 |
|
|
|
302 |
|
1.125%, 05/25/2030 |
|
|
200 |
|
|
|
190 |
|
Societe Nationale SNCF |
|
|
|
|
|
|
|
|
1.000%, 05/25/2040 |
|
|
700 |
|
|
|
498 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
TotalEnergies MTN |
|
|
|
|
|
|
|
|
1.625% (C)(D) |
|
EUR |
270 |
|
|
$ |
242 |
|
TotalEnergies Capital International MTN |
|
|
|
|
|
|
|
|
2.500%, 03/25/2026 |
|
|
400 |
|
|
|
426 |
|
Veolia Environnement |
|
|
|
|
|
|
|
|
1.625% (C)(D) |
|
|
300 |
|
|
|
284 |
|
Westfield America Management |
|
|
|
|
|
|
|
|
2.625%, 03/30/2029 |
|
GBP |
155 |
|
|
|
152 |
|
2.125%, 03/30/2025 |
|
|
210 |
|
|
|
239 |
|
| |
|
|
|
|
|
|
24,869 |
|
| |
|
|
|
|
|
|
|
|
Germany — 4.0% |
|
|
|
|
Bundesobligation |
|
|
|
|
|
|
|
|
0.000%, 10/09/2026 (B) |
|
EUR |
3,135 |
|
|
|
3,130 |
|
Bundesrepublik Deutschland Bundesanleihe |
|
|
|
|
|
|
|
|
3.250%, 07/04/2042 |
|
|
840 |
|
|
|
1,024 |
|
1.250%, 08/15/2048 |
|
|
1,335 |
|
|
|
1,157 |
|
0.000%, 05/15/2035 (B) |
|
|
547 |
|
|
|
447 |
|
0.000%, 05/15/2036 (B) |
|
|
1,061 |
|
|
|
842 |
|
Deutsche Bank MTN |
|
|
|
|
|
|
|
|
1.000%, 11/19/2025 (C) |
|
|
400 |
|
|
|
401 |
|
Deutsche Bank NY |
|
|
|
|
|
|
|
|
7.079%, U.S. SOFR + 3.650%, 02/10/2034 (C) |
|
$ |
245 |
|
|
|
227 |
|
Deutsche Telekom MTN |
|
|
|
|
|
|
|
|
1.750%, 12/09/2049 |
|
EUR |
100 |
|
|
|
71 |
|
E.ON MTN |
|
|
|
|
|
|
|
|
0.000%, 12/18/2023 (B) |
|
|
550 |
|
|
|
584 |
|
HOCHTIEF MTN |
|
|
|
|
|
|
|
|
1.750%, 07/03/2025 |
|
|
400 |
|
|
|
417 |
|
Kreditanstalt fuer Wiederaufbau |
|
|
|
|
|
|
|
|
2.600%, 06/20/2037 |
|
JPY |
241,000 |
|
|
|
2,284 |
|
0.500%, 09/15/2027 |
|
EUR |
510 |
|
|
|
499 |
|
Kreditanstalt fuer Wiederaufbau MTN |
|
|
|
|
|
|
|
|
0.875%, 09/15/2026 |
|
GBP |
2,600 |
|
|
|
2,884 |
|
Landwirtschaftliche Rentenbank MTN |
|
|
|
|
|
|
|
|
0.625%, 05/18/2027 |
|
EUR |
225 |
|
|
|
222 |
|
0.000%, 12/13/2028 (B) |
|
|
1,085 |
|
|
|
999 |
|
Mercedes-Benz Finance North America |
|
|
|
|
|
|
|
|
5.375%, 11/26/2025 (A) |
|
$ |
290 |
|
|
|
293 |
|
Siemens Financieringsmaatschappij |
|
|
|
|
|
|
|
|
1.200%, 03/11/2026 (A) |
|
|
775 |
|
|
|
707 |
|
State of North Rhine-Westphalia Germany MTN |
|
|
|
|
|
|
|
|
2.000%, 06/15/2032 |
|
EUR |
515 |
|
|
|
516 |
|
Volkswagen Bank GmbH MTN |
|
|
|
|
|
|
|
|
1.875%, 01/31/2024 |
|
|
400 |
|
|
|
427 |
|
Volkswagen Financial Services MTN |
|
|
|
|
|
|
|
|
0.875%, 01/31/2028 |
|
|
150 |
|
|
|
140 |
|
Volkswagen International Finance |
|
|
|
|
|
|
|
|
3.875% (C)(D) |
|
|
300 |
|
|
|
279 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Volkswagen Leasing GmbH MTN |
|
|
|
|
|
|
|
|
1.125%, 04/04/2024 |
|
EUR |
520 |
|
|
$ |
551 |
|
ZF Europe Finance BV |
|
|
|
|
|
|
|
|
2.000%, 02/23/2026 |
|
|
200 |
|
|
|
197 |
|
| |
|
|
|
|
|
|
18,298 |
|
| |
|
|
|
|
|
|
|
|
Hungary — 0.2% |
|
|
|
|
Hungary Government Bond |
|
|
|
|
|
|
|
|
4.750%, 11/24/2032 |
|
HUF |
65,060 |
|
|
|
141 |
|
4.500%, 03/23/2028 |
|
|
101,260 |
|
|
|
234 |
|
1.500%, 08/23/2023 |
|
|
183,970 |
|
|
|
497 |
|
| |
|
|
|
|
|
|
872 |
|
| |
|
|
|
|
|
|
|
|
Indonesia — 1.4% |
|
|
|
|
Indonesia Treasury Bond |
|
|
|
|
|
|
|
|
8.750%, 05/15/2031 |
|
IDR |
7,551,000 |
|
|
|
566 |
|
8.375%, 03/15/2034 |
|
|
31,922,000 |
|
|
|
2,356 |
|
7.500%, 06/15/2035 |
|
|
2,199,000 |
|
|
|
153 |
|
7.375%, 05/15/2048 |
|
|
13,040,000 |
|
|
|
893 |
|
7.000%, 09/15/2030 |
|
|
11,991,000 |
|
|
|
817 |
|
6.500%, 06/15/2025 |
|
|
2,225,000 |
|
|
|
149 |
|
6.500%, 02/15/2031 |
|
|
17,235,000 |
|
|
|
1,141 |
|
5.500%, 04/15/2026 |
|
|
5,153,000 |
|
|
|
335 |
|
| |
|
|
|
|
|
|
6,410 |
|
| |
|
|
|
|
|
|
|
|
Ireland — 0.6% |
|
|
|
|
AerCap Ireland Capital DAC |
|
|
|
|
|
|
|
|
1.150%, 10/29/2023 |
|
$ |
1,000 |
|
|
|
970 |
|
AIB Group |
|
|
|
|
|
|
|
|
7.583%, U.S. SOFR + 3.456%, 10/14/2026 (A)(C) |
|
|
250 |
|
|
|
256 |
|
Ireland Government Bond |
|
|
|
|
|
|
|
|
1.500%, 05/15/2050 |
|
EUR |
250 |
|
|
|
188 |
|
1.100%, 05/15/2029 |
|
|
670 |
|
|
|
665 |
|
1.000%, 05/15/2026 |
|
|
285 |
|
|
|
294 |
|
0.113%, 10/18/2031 |
|
|
304 |
|
|
|
262 |
|
| |
|
|
|
|
|
|
2,635 |
|
| |
|
|
|
|
|
|
|
|
Israel — 0.1% |
|
|
|
|
Israel Government Bond - Fixed |
|
|
|
|
|
|
|
|
5.500%, 01/31/2042 |
|
ILS |
675 |
|
|
|
224 |
|
2.000%, 03/31/2027 |
|
|
925 |
|
|
|
240 |
|
1.000%, 03/31/2030 |
|
|
593 |
|
|
|
137 |
|
| |
|
|
|
|
|
|
601 |
|
| |
|
|
|
|
|
|
|
|
Italy — 5.2% |
|
|
|
|
Enel |
|
|
|
|
|
|
|
|
2.250% (C)(D) |
|
EUR |
322 |
|
|
|
299 |
|
Eni |
|
|
|
|
|
|
|
|
3.375% (C)(D) |
|
|
135 |
|
|
|
122 |
|
Intesa Sanpaolo MTN |
|
|
|
|
|
|
|
|
0.750%, 12/04/2024 |
|
|
350 |
|
|
|
361 |
|
Italy Buoni Poliennali Del Tesoro |
|
|
|
|
|
|
|
|
5.000%, 09/01/2040 (A) |
|
|
1,065 |
|
|
|
1,246 |
|
4.000%, 04/30/2035 (A) |
|
|
2,330 |
|
|
|
2,472 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
3.500%, 03/01/2030 (A) |
|
EUR |
527 |
|
|
$ |
564 |
|
3.100%, 03/01/2040 (A) |
|
|
292 |
|
|
|
270 |
|
3.000%, 08/01/2029 |
|
|
853 |
|
|
|
891 |
|
2.800%, 12/01/2028 |
|
|
123 |
|
|
|
128 |
|
2.800%, 03/01/2067 (A) |
|
|
292 |
|
|
|
222 |
|
2.700%, 03/01/2047 (A) |
|
|
55 |
|
|
|
46 |
|
2.500%, 12/01/2032 |
|
|
355 |
|
|
|
340 |
|
2.450%, 09/01/2033 (A) |
|
|
552 |
|
|
|
517 |
|
2.150%, 03/01/2072 (A) |
|
|
76 |
|
|
|
48 |
|
2.000%, 02/01/2028 |
|
|
1,046 |
|
|
|
1,060 |
|
1.800%, 03/01/2041 (A) |
|
|
247 |
|
|
|
185 |
|
1.750%, 05/30/2024 |
|
|
1,930 |
|
|
|
2,060 |
|
1.700%, 09/01/2051 (A) |
|
|
507 |
|
|
|
323 |
|
1.500%, 04/30/2045 (A) |
|
|
1,034 |
|
|
|
679 |
|
1.450%, 03/01/2036 (A) |
|
|
529 |
|
|
|
420 |
|
1.100%, 04/01/2027 |
|
|
82 |
|
|
|
81 |
|
0.950%, 12/01/2031 (A) |
|
|
2,340 |
|
|
|
1,993 |
|
0.950%, 06/01/2032 |
|
|
1,166 |
|
|
|
977 |
|
0.500%, 07/15/2028 |
|
|
2,352 |
|
|
|
2,178 |
|
0.019%, 04/01/2026 |
|
|
3,907 |
|
|
|
3,840 |
|
0.000%, 04/15/2024 (B) |
|
|
1,429 |
|
|
|
1,503 |
|
Reno de Medici SPA |
|
|
|
|
|
|
|
|
8.207%, Euribor 3 Month + 5.250%, 12/14/2026 (A)(C) |
|
|
200 |
|
|
|
209 |
|
Societa Cattolica Di Assicurazione SPA |
|
|
|
|
|
|
|
|
4.250%, 12/14/2047 (C) |
|
|
200 |
|
|
|
204 |
|
UniCredit |
|
|
|
|
|
|
|
|
3.127%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.550%, 06/03/2032 (A)(C) |
|
$ |
305 |
|
|
|
239 |
|
UniCredit MTN |
|
|
|
|
|
|
|
|
1.250%, 06/16/2026 (C) |
|
EUR |
460 |
|
|
|
468 |
|
| |
|
|
|
|
|
|
23,945 |
|
| |
|
|
|
|
|
|
|
|
Japan — 16.4% |
|
|
|
|
Development Bank of Japan |
|
|
|
|
|
|
|
|
2.300%, 03/19/2026 |
|
JPY |
180,000 |
|
|
|
1,436 |
|
Development Bank of Japan MTN |
|
|
|
|
|
|
|
|
0.875%, 10/10/2025 |
|
EUR |
1,145 |
|
|
|
1,166 |
|
Japan Finance Organization for Municipalities MTN |
|
|
|
|
|
|
|
|
0.050%, 02/12/2027 |
|
|
720 |
|
|
|
688 |
|
Japan Government Five Year Bond |
|
|
|
|
|
|
|
|
0.300%, 12/20/2027 |
|
JPY |
129,350 |
|
|
|
982 |
|
Japan Government Forty Year Bond |
|
|
|
|
|
|
|
|
0.400%, 03/20/2056 |
|
|
485,750 |
|
|
|
2,769 |
|
Japan Government Ten Year Bond |
|
|
|
|
|
|
|
|
0.500%, 09/20/2024 |
|
|
1,179,400 |
|
|
|
8,938 |
|
0.400%, 06/20/2025 |
|
|
78,100 |
|
|
|
593 |
|
0.100%, 12/20/2026 |
|
|
894,850 |
|
|
|
6,748 |
|
0.100%, 09/20/2027 |
|
|
458,350 |
|
|
|
3,449 |
|
0.100%, 12/20/2030 |
|
|
170,650 |
|
|
|
1,264 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Japan Government Thirty Year Bond |
|
|
|
|
|
|
|
|
2.300%, 03/20/2040 |
|
JPY |
322,850 |
|
|
$ |
2,951 |
|
0.800%, 09/20/2047 |
|
|
491,400 |
|
|
|
3,404 |
|
0.400%, 12/20/2049 |
|
|
266,700 |
|
|
|
1,623 |
|
0.300%, 06/20/2046 |
|
|
74,600 |
|
|
|
466 |
|
0.300%, 06/20/2046 |
|
|
27,600 |
|
|
|
172 |
|
Japan Government Thirty Year Bond, Ser 29 |
|
|
|
|
|
|
|
|
2.400%, 09/20/2038 |
|
|
109,400 |
|
|
|
1,011 |
|
Japan Government Thirty Year Bond, Ser 30 |
|
|
|
|
|
|
|
|
2.300%, 03/20/2039 |
|
|
373,850 |
|
|
|
3,414 |
|
Japan Government Thirty Year Bond, Ser 33 |
|
|
|
|
|
|
|
|
2.000%, 09/20/2040 |
|
|
416,300 |
|
|
|
3,654 |
|
Japan Government Thirty Year Bond, Ser 36 |
|
|
|
|
|
|
|
|
2.000%, 03/20/2042 |
|
|
289,200 |
|
|
|
2,544 |
|
Japan Government Thirty Year Bond, Ser 37 |
|
|
|
|
|
|
|
|
1.900%, 09/20/2042 |
|
|
36,550 |
|
|
|
317 |
|
Japan Government Thirty Year Bond, Ser 38 |
|
|
|
|
|
|
|
|
1.800%, 03/20/2043 |
|
|
158,250 |
|
|
|
1,350 |
|
Japan Government Twenty Year Bond |
|
|
|
|
|
|
|
|
1.800%, 09/20/2031 |
|
|
316,950 |
|
|
|
2,675 |
|
1.700%, 06/20/2033 |
|
|
795,900 |
|
|
|
6,726 |
|
1.400%, 09/20/2034 |
|
|
478,000 |
|
|
|
3,930 |
|
1.000%, 12/20/2035 |
|
|
34,400 |
|
|
|
270 |
|
0.900%, 06/20/2042 |
|
|
97,550 |
|
|
|
719 |
|
0.700%, 03/20/2037 |
|
|
38,450 |
|
|
|
288 |
|
0.600%, 09/20/2037 |
|
|
81,600 |
|
|
|
601 |
|
0.500%, 09/20/2036 |
|
|
557,400 |
|
|
|
4,089 |
|
0.200%, 06/20/2036 |
|
|
206,200 |
|
|
|
1,458 |
|
Japan Government Twenty Year Bond, Ser 144 |
|
|
|
|
|
|
|
|
1.500%, 03/20/2033 |
|
|
21,450 |
|
|
|
178 |
|
Japan Treasury Discount Bill |
|
|
|
|
|
|
|
|
0.000%, 06/19/2023 (E) |
|
|
267,700 |
|
|
|
2,012 |
|
0.000%, 06/26/2023 (E) |
|
|
366,200 |
|
|
|
2,753 |
|
Nissan Motor |
|
|
|
|
|
|
|
|
2.652%, 03/17/2026 |
|
EUR |
165 |
|
|
|
168 |
|
NTT Finance |
|
|
|
|
|
|
|
|
1.162%, 04/03/2026 (A) |
|
$ |
345 |
|
|
|
312 |
|
Tokyo Metropolitan Government |
|
|
|
|
|
|
|
|
0.800%, 06/20/2023 |
|
JPY |
100,000 |
|
|
|
753 |
|
| |
|
|
|
|
|
|
75,871 |
|
| |
|
|
|
|
|
|
|
|
Luxembourg — 0.0% |
|
|
|
|
Vivion Investments Sarl |
|
|
|
|
|
|
|
|
3.000%, 08/08/2024 |
|
EUR |
200 |
|
|
|
159 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Malaysia — 1.2% |
|
|
|
|
Malaysia Government Bond |
|
|
|
|
|
|
|
|
4.392%, 04/15/2026 |
|
MYR |
2,816 |
|
|
|
655 |
|
4.232%, 06/30/2031 |
|
|
2,626 |
|
|
|
607 |
|
4.065%, 06/15/2050 |
|
|
908 |
|
|
|
193 |
|
3.955%, 09/15/2025 |
|
|
2,751 |
|
|
|
633 |
|
3.885%, 08/15/2029 |
|
|
2,790 |
|
|
|
633 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
3.828%, 07/05/2034 |
|
MYR |
3,332 |
|
|
$ |
737 |
|
3.757%, 05/22/2040 |
|
|
1,767 |
|
|
|
377 |
|
3.733%, 06/15/2028 |
|
|
2,316 |
|
|
|
526 |
|
3.502%, 05/31/2027 |
|
|
4,824 |
|
|
|
1,091 |
|
2.632%, 04/15/2031 |
|
|
1,040 |
|
|
|
215 |
|
| |
|
|
|
|
|
|
5,667 |
|
| |
|
|
|
|
|
|
|
|
Mexico — 2.5% |
|
|
|
|
Mexican Bonos |
|
|
|
|
|
|
|
|
8.000%, 11/07/2047 |
|
MXN |
24,285 |
|
|
|
1,197 |
|
7.750%, 11/23/2034 |
|
|
22,761 |
|
|
|
1,162 |
|
7.750%, 11/13/2042 |
|
|
44,492 |
|
|
|
2,148 |
|
7.500%, 06/03/2027 |
|
|
2,456 |
|
|
|
129 |
|
7.500%, 05/26/2033 |
|
|
1,413 |
|
|
|
71 |
|
5.750%, 03/05/2026 |
|
|
11,907 |
|
|
|
595 |
|
5.500%, 03/04/2027 |
|
|
11,009 |
|
|
|
537 |
|
Mexican Bonos, Ser M20 |
|
|
|
|
|
|
|
|
8.500%, 05/31/2029 |
|
|
10,038 |
|
|
|
547 |
|
7.750%, 05/29/2031 |
|
|
41,074 |
|
|
|
2,133 |
|
Mexican Bonos, Ser M30 |
|
|
|
|
|
|
|
|
10.000%, 11/20/2036 |
|
|
41,137 |
|
|
|
2,486 |
|
8.500%, 11/18/2038 |
|
|
3,530 |
|
|
|
187 |
|
Mexico Government International Bond |
|
|
|
|
|
|
|
|
2.875%, 04/08/2039 |
|
EUR |
280 |
|
|
|
223 |
|
| |
|
|
|
|
|
|
11,415 |
|
| |
|
|
|
|
|
|
|
|
Netherlands — 2.1% |
|
|
|
|
ASR Nederland |
|
|
|
|
|
|
|
|
3.375%, 05/02/2049 (C) |
|
|
255 |
|
|
|
236 |
|
BNG Bank MTN |
|
|
|
|
|
|
|
|
0.000%, 01/20/2031 (B) |
|
|
900 |
|
|
|
774 |
|
Cooperatieve Rabobank UA |
|
|
|
|
|
|
|
|
4.375% (C)(D) |
|
|
200 |
|
|
|
185 |
|
Cooperatieve Rabobank UA MTN |
|
|
|
|
|
|
|
|
5.250%, 09/14/2027 |
|
GBP |
195 |
|
|
|
233 |
|
4.625%, 05/23/2029 |
|
|
290 |
|
|
|
328 |
|
1.250%, 05/31/2032 |
|
EUR |
300 |
|
|
|
277 |
|
Heineken MTN |
|
|
|
|
|
|
|
|
1.000%, 05/04/2026 |
|
|
335 |
|
|
|
337 |
|
ING Groep |
|
|
|
|
|
|
|
|
6.500%, USD Swap Semi 30/360 5 Yr Curr + 4.446% (C)(D) |
|
$ |
200 |
|
|
|
180 |
|
3.869%, U.S. SOFR + 1.640%, 03/28/2026 (C) |
|
|
505 |
|
|
|
488 |
|
ING Groep MTN |
|
|
|
|
|
|
|
|
2.125%, 05/26/2031 (C) |
|
EUR |
300 |
|
|
|
298 |
|
Nederlandse Waterschapsbank MTN |
|
|
|
|
|
|
|
|
1.250%, 05/27/2036 |
|
|
281 |
|
|
|
241 |
|
0.625%, 01/18/2027 |
|
|
225 |
|
|
|
224 |
|
0.000%, 11/16/2026 (B) |
|
|
1,067 |
|
|
|
1,039 |
|
Netherlands Government Bond (A) |
|
|
|
|
|
|
|
|
4.000%, 01/15/2037 |
|
|
236 |
|
|
|
293 |
|
2.500%, 01/15/2033 |
|
|
874 |
|
|
|
938 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
0.750%, 07/15/2027 |
|
EUR |
511 |
|
|
$ |
515 |
|
0.500%, 07/15/2026 |
|
|
390 |
|
|
|
396 |
|
0.240%, 01/15/2038 |
|
|
1,479 |
|
|
|
1,072 |
|
0.118%, 01/15/2052 |
|
|
421 |
|
|
|
223 |
|
0.000%, 01/15/2027 (B) |
|
|
685 |
|
|
|
676 |
|
0.000%, 07/15/2031 (B) |
|
|
692 |
|
|
|
609 |
|
| |
|
|
|
|
|
|
9,562 |
|
| |
|
|
|
|
|
|
|
|
New Zealand — 1.4% |
|
|
|
|
New Zealand Government Bond |
|
|
|
|
|
|
|
|
4.250%, 05/15/2034 |
|
NZD |
737 |
|
|
|
462 |
|
3.000%, 04/20/2029 |
|
|
345 |
|
|
|
201 |
|
2.750%, 04/15/2025 |
|
|
4,260 |
|
|
|
2,569 |
|
2.750%, 04/15/2037 |
|
|
80 |
|
|
|
42 |
|
2.750%, 05/15/2051 |
|
|
1,214 |
|
|
|
563 |
|
2.000%, 05/15/2032 |
|
|
1,265 |
|
|
|
660 |
|
1.750%, 05/15/2041 |
|
|
77 |
|
|
|
32 |
|
1.500%, 05/15/2031 |
|
|
1,712 |
|
|
|
872 |
|
0.250%, 05/15/2028 |
|
|
1,570 |
|
|
|
803 |
|
New Zealand Local Government Funding Agency Bond |
|
|
|
|
|
|
|
|
4.500%, 04/15/2027 |
|
|
803 |
|
|
|
495 |
|
| |
|
|
|
|
|
|
6,699 |
|
| |
|
|
|
|
|
|
|
|
Norway — 1.3% |
|
|
|
|
DNB Boligkreditt MTN |
|
|
|
|
|
|
|
|
0.375%, 11/20/2024 |
|
EUR |
795 |
|
|
|
822 |
|
Equinor MTN |
|
|
|
|
|
|
|
|
6.875%, 03/11/2031 |
|
GBP |
185 |
|
|
|
263 |
|
Norway Government Bond (A) |
|
|
|
|
|
|
|
|
2.000%, 04/26/2028 |
|
NOK |
2,972 |
|
|
|
271 |
|
1.750%, 03/13/2025 |
|
|
268 |
|
|
|
25 |
|
1.750%, 02/17/2027 |
|
|
10,007 |
|
|
|
913 |
|
1.750%, 09/06/2029 |
|
|
6,471 |
|
|
|
574 |
|
1.500%, 02/19/2026 |
|
|
14,341 |
|
|
|
1,313 |
|
1.375%, 08/19/2030 |
|
|
9,406 |
|
|
|
804 |
|
1.250%, 09/17/2031 |
|
|
14,924 |
|
|
|
1,242 |
|
| |
|
|
|
|
|
|
6,227 |
|
| |
|
|
|
|
|
|
|
|
Peru — 0.0% |
|
|
|
|
Volcan Cia Minera SAA |
|
|
|
|
|
|
|
|
4.375%, 02/11/2026 (A) |
|
$ |
10 |
|
|
|
8 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Poland — 0.8% |
|
|
|
|
Republic of Poland Government Bond |
|
|
|
|
|
|
|
|
3.750%, 05/25/2027 |
|
PLN |
3,382 |
|
|
|
718 |
|
2.750%, 04/25/2028 |
|
|
2,890 |
|
|
|
578 |
|
2.750%, 10/25/2029 |
|
|
3,091 |
|
|
|
594 |
|
2.500%, 07/25/2026 |
|
|
1,354 |
|
|
|
282 |
|
1.750%, 04/25/2032 |
|
|
3,543 |
|
|
|
582 |
|
1.250%, 10/25/2030 |
|
|
3,666 |
|
|
|
611 |
|
0.250%, 10/25/2026 |
|
|
2,272 |
|
|
|
432 |
|
| |
|
|
|
|
|
|
3,797 |
|
| |
|
|
|
|
|
|
|
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Portugal — 0.4% |
|
|
|
|
EDP - Energias de Portugal |
|
|
|
|
|
|
|
|
1.875%, 08/02/2081 (C) |
|
EUR |
300 |
|
|
$ |
283 |
|
Portugal Obrigacoes do Tesouro OT (A) |
|
|
|
|
|
|
|
|
4.100%, 04/15/2037 |
|
|
452 |
|
|
|
527 |
|
1.950%, 06/15/2029 |
|
|
492 |
|
|
|
508 |
|
0.700%, 10/15/2027 |
|
|
735 |
|
|
|
731 |
|
| |
|
|
|
|
|
|
2,049 |
|
| |
|
|
|
|
|
|
|
|
Romania — 0.1% |
|
|
|
|
Romania Government Bond |
|
|
|
|
|
|
|
|
8.250%, 09/29/2032 |
|
RON |
295 |
|
|
|
68 |
|
6.700%, 02/25/2032 |
|
|
625 |
|
|
|
130 |
|
3.650%, 07/28/2025 |
|
|
1,540 |
|
|
|
314 |
|
| |
|
|
|
|
|
|
512 |
|
| |
|
|
|
|
|
|
|
|
Singapore — 3.0% |
|
|
|
|
Singapore Government Bond |
|
|
|
|
|
|
|
|
3.500%, 03/01/2027 |
|
SGD |
2,801 |
|
|
|
2,143 |
|
3.375%, 09/01/2033 |
|
|
528 |
|
|
|
412 |
|
3.000%, 09/01/2024 |
|
|
6,484 |
|
|
|
4,862 |
|
2.875%, 09/01/2030 |
|
|
347 |
|
|
|
259 |
|
2.750%, 04/01/2042 |
|
|
301 |
|
|
|
226 |
|
2.750%, 03/01/2046 |
|
|
200 |
|
|
|
152 |
|
2.625%, 08/01/2032 |
|
|
214 |
|
|
|
157 |
|
2.375%, 06/01/2025 |
|
|
4,769 |
|
|
|
3,531 |
|
2.250%, 08/01/2036 |
|
|
1,467 |
|
|
|
1,025 |
|
2.125%, 06/01/2026 |
|
|
1,790 |
|
|
|
1,310 |
|
| |
|
|
|
|
|
|
14,077 |
|
| |
|
|
|
|
|
|
|
|
Slovak Republic — 0.1% |
|
|
|
|
Slovakia Government Bond |
|
|
|
|
|
|
|
|
4.000%, 10/19/2032 |
|
EUR |
389 |
|
|
|
434 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Slovenia — 0.1% |
|
|
|
|
Slovenia Government Bond |
|
|
|
|
|
|
|
|
1.250%, 03/22/2027 |
|
|
556 |
|
|
|
565 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
South Africa — 0.1% |
|
|
|
|
Anglo American Capital MTN |
|
|
|
|
|
|
|
|
1.625%, 09/18/2025 |
|
|
415 |
|
|
|
426 |
|
Bidvest Group UK PLC |
|
|
|
|
|
|
|
|
3.625%, 09/23/2026 (A) |
|
$ |
230 |
|
|
|
208 |
|
| |
|
|
|
|
|
|
634 |
|
| |
|
|
|
|
|
|
|
|
South Korea — 1.3% |
|
|
|
|
Export-Import Bank of Korea |
|
|
|
|
|
|
|
|
0.829%, 04/27/2025 |
|
EUR |
399 |
|
|
|
410 |
|
Korea Housing Finance |
|
|
|
|
|
|
|
|
0.010%, 06/29/2026 (A) |
|
|
150 |
|
|
|
145 |
|
Korea Treasury Bond |
|
|
|
|
|
|
|
|
3.375%, 06/10/2032 |
|
KRW |
872,000 |
|
|
|
677 |
|
2.625%, 09/10/2035 |
|
|
700,180 |
|
|
|
498 |
|
2.000%, 06/10/2031 |
|
|
2,084,740 |
|
|
|
1,451 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
1.875%, 06/10/2029 |
|
KRW |
496,110 |
|
|
$ |
351 |
|
1.500%, 12/10/2026 |
|
|
738,360 |
|
|
|
532 |
|
1.500%, 12/10/2030 |
|
|
1,713,530 |
|
|
|
1,157 |
|
1.250%, 03/10/2026 |
|
|
101,780 |
|
|
|
74 |
|
1.125%, 09/10/2025 |
|
|
1,184,330 |
|
|
|
863 |
|
| |
|
|
|
|
|
|
6,158 |
|
| |
|
|
|
|
|
|
|
|
Spain — 3.8% |
|
|
|
|
Banco Bilbao Vizcaya Argentaria |
|
|
|
|
|
|
|
|
2.250%, 06/12/2024 |
|
EUR |
200 |
|
|
|
214 |
|
Banco de Sabadell |
|
|
|
|
|
|
|
|
0.625%, 11/07/2025 (C) |
|
|
400 |
|
|
|
409 |
|
Banco Santander |
|
|
|
|
|
|
|
|
5.294%, 08/18/2027 |
|
$ |
200 |
|
|
|
197 |
|
4.175%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.000%, 03/24/2028 (C) |
|
|
600 |
|
|
|
563 |
|
CaixaBank |
|
|
|
|
|
|
|
|
5.875% (C)(D) |
|
EUR |
200 |
|
|
|
191 |
|
3.500%, GUKG1 + 2.100%, 04/06/2028 (C) |
|
GBP |
300 |
|
|
|
331 |
|
1.250%, 01/11/2027 |
|
EUR |
300 |
|
|
|
301 |
|
CaixaBank MTN |
|
|
|
|
|
|
|
|
1.500%, GUKG1 + 1.320%, 12/03/2026 (C) |
|
GBP |
300 |
|
|
|
326 |
|
Grifols Escrow Issuer SA |
|
|
|
|
|
|
|
|
3.875%, 10/15/2028 (A) |
|
EUR |
100 |
|
|
|
84 |
|
Iberdrola International BV |
|
|
|
|
|
|
|
|
1.874% (C)(D) |
|
|
400 |
|
|
|
390 |
|
Spain Government Bond |
|
|
|
|
|
|
|
|
6.000%, 01/31/2029 |
|
|
80 |
|
|
|
101 |
|
4.700%, 07/30/2041 (A) |
|
|
699 |
|
|
|
859 |
|
3.450%, 07/30/2066 (A) |
|
|
272 |
|
|
|
270 |
|
2.550%, 10/31/2032 (A) |
|
|
1,052 |
|
|
|
1,076 |
|
2.350%, 07/30/2033 (A) |
|
|
658 |
|
|
|
654 |
|
1.950%, 07/30/2030 (A) |
|
|
188 |
|
|
|
189 |
|
1.900%, 10/31/2052 (A) |
|
|
580 |
|
|
|
417 |
|
1.850%, 07/30/2035 (A) |
|
|
1,176 |
|
|
|
1,073 |
|
1.500%, 04/30/2027 (A) |
|
|
393 |
|
|
|
404 |
|
1.400%, 04/30/2028 (A) |
|
|
978 |
|
|
|
985 |
|
1.000%, 07/30/2042 (A) |
|
|
944 |
|
|
|
647 |
|
0.850%, 07/30/2037 (A) |
|
|
497 |
|
|
|
375 |
|
0.800%, 07/30/2029 |
|
|
703 |
|
|
|
666 |
|
0.600%, 10/31/2029 (A) |
|
|
174 |
|
|
|
162 |
|
0.500%, 04/30/2030 (A) |
|
|
353 |
|
|
|
322 |
|
0.500%, 10/31/2031 (A) |
|
|
431 |
|
|
|
375 |
|
0.054%, 01/31/2028 |
|
|
2,312 |
|
|
|
2,180 |
|
0.000%, 05/31/2024 (B) |
|
|
1,193 |
|
|
|
1,252 |
|
0.000%, 05/31/2025 (B) |
|
|
1,411 |
|
|
|
1,440 |
|
0.000%, 01/31/2026 (B) |
|
|
770 |
|
|
|
772 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Telefonica Europe BV |
|
|
|
|
|
|
|
|
4.375%, EUR Swap Annual 6 Yr + 4.107% (C)(D) |
|
EUR |
200 |
|
|
$ |
212 |
|
| |
|
|
|
|
|
|
17,437 |
|
| |
|
|
|
|
|
|
|
|
Supra-National — 2.0% |
|
|
|
|
Asian Development Bank MTN |
|
|
|
|
|
|
|
|
2.350%, 06/21/2027 |
|
JPY |
410,000 |
|
|
|
3,371 |
|
European Financial Stability Facility MTN |
|
|
|
|
|
|
|
|
0.500%, 07/11/2025 |
|
EUR |
1,420 |
|
|
|
1,457 |
|
European Investment Bank |
|
|
|
|
|
|
|
|
2.875%, 01/12/2033 |
|
|
1,015 |
|
|
|
1,091 |
|
1.900%, 01/26/2026 |
|
JPY |
50,000 |
|
|
|
395 |
|
European Investment Bank MTN |
|
|
|
|
|
|
|
|
1.250%, 05/12/2025 |
|
SEK |
13,180 |
|
|
|
1,214 |
|
0.250%, 10/14/2024 |
|
EUR |
156 |
|
|
|
162 |
|
European Stability Mechanism MTN |
|
|
|
|
|
|
|
|
1.000%, 09/23/2025 |
|
|
570 |
|
|
|
590 |
|
International Bank for Reconstruction & Development MTN (B) |
|
|
|
|
|
|
|
|
0.000%, 01/15/2027 |
|
|
268 |
|
|
|
260 |
|
0.000%, 02/21/2030 |
|
|
33 |
|
|
|
29 |
|
International Finance MTN |
|
|
|
|
|
|
|
|
2.375%, 07/19/2023 |
|
CAD |
1,000 |
|
|
|
734 |
|
| |
|
|
|
|
|
|
9,303 |
|
| |
|
|
|
|
|
|
|
|
Sweden — 1.0% |
|
|
|
|
Balder Finland MTN |
|
|
|
|
|
|
|
|
1.375%, 05/24/2030 |
|
EUR |
380 |
|
|
|
259 |
|
Heimstaden Bostad Treasury BV MTN |
|
|
|
|
|
|
|
|
1.375%, 03/03/2027 |
|
|
380 |
|
|
|
329 |
|
0.250%, 10/13/2024 |
|
|
135 |
|
|
|
133 |
|
Kommunivest I Sverige AB MTN |
|
|
|
|
|
|
|
|
1.000%, 10/02/2024 |
|
SEK |
5,830 |
|
|
|
540 |
|
Samhallsbyggnadsbolaget i Norden MTN |
|
|
|
|
|
|
|
|
1.125%, 09/04/2026 |
|
EUR |
140 |
|
|
|
109 |
|
SBB Treasury MTN |
|
|
|
|
|
|
|
|
1.125%, 11/26/2029 |
|
|
160 |
|
|
|
94 |
|
Skandinaviska Enskilda Banken MTN |
|
|
|
|
|
|
|
|
0.250%, 06/20/2024 |
|
|
460 |
|
|
|
481 |
|
Stadshypotek |
|
|
|
|
|
|
|
|
0.500%, 07/11/2025 |
|
|
1,470 |
|
|
|
1,497 |
|
Svenska Handelsbanken |
|
|
|
|
|
|
|
|
4.750%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.048% (C)(D) |
|
$ |
200 |
|
|
|
160 |
|
Swedbank |
|
|
|
|
|
|
|
|
5.625%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.134% (C)(D) |
|
|
200 |
|
|
|
189 |
|
Swedbank Hypotek MTN |
|
|
|
|
|
|
|
|
0.050%, 05/28/2025 |
|
EUR |
195 |
|
|
|
197 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Sweden Government Bond |
|
|
|
|
|
|
|
|
0.125%, 05/12/2031 |
|
SEK |
5,545 |
|
|
$ |
451 |
|
| |
|
|
|
|
|
|
4,439 |
|
| |
|
|
|
|
|
|
|
|
Switzerland — 0.5% |
|
|
|
|
Credit Suisse Group MTN |
|
|
|
|
|
|
|
|
3.250%, 04/02/2026 (C) |
|
EUR |
550 |
|
|
|
562 |
|
1.250%, EUSA1 + 0.750%, 07/17/2025 (C) |
|
|
134 |
|
|
|
135 |
|
Government of Switzerland |
|
|
|
|
|
|
|
|
1.500%, 04/30/2042 |
|
CHF |
408 |
|
|
|
467 |
|
1.250%, 06/11/2024 |
|
|
739 |
|
|
|
810 |
|
Swiss Re Finance Luxembourg |
|
|
|
|
|
|
|
|
5.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.582%, 04/02/2049 (A)(C) |
|
$ |
200 |
|
|
|
188 |
|
| |
|
|
|
|
|
|
2,162 |
|
| |
|
|
|
|
|
|
|
|
Thailand — 0.4% |
|
|
|
|
Thailand Government Bond |
|
|
|
|
|
|
|
|
4.875%, 06/22/2029 |
|
THB |
16,455 |
|
|
|
557 |
|
4.675%, 06/29/2044 |
|
|
14,039 |
|
|
|
524 |
|
3.300%, 06/17/2038 |
|
|
3,522 |
|
|
|
110 |
|
2.000%, 12/17/2031 |
|
|
16,972 |
|
|
|
484 |
|
1.875%, 06/17/2049 |
|
|
3,746 |
|
|
|
86 |
|
| |
|
|
|
|
|
|
1,761 |
|
| |
|
|
|
|
|
|
|
|
United Kingdom — 5.5% |
|
|
|
|
Allwyn Entertainment Financing UK |
|
|
|
|
|
|
|
|
6.779%, Euribor 3 Month + 4.125%, 02/15/2028 (A)(C) |
|
EUR |
100 |
|
|
|
107 |
|
Annington Funding MTN |
|
|
|
|
|
|
|
|
3.184%, 07/12/2029 |
|
GBP |
355 |
|
|
|
367 |
|
Aptiv |
|
|
|
|
|
|
|
|
1.500%, 03/10/2025 |
|
EUR |
440 |
|
|
|
457 |
|
Aviva |
|
|
|
|
|
|
|
|
6.125%, UK Govt Bonds 5 Year Note Generic Bid Yield + 2.850%, 11/14/2036 (C) |
|
GBP |
220 |
|
|
|
271 |
|
Barclays MTN |
|
|
|
|
|
|
|
|
4.000%, 06/26/2029 |
|
AUD |
500 |
|
|
|
290 |
|
BAT International Finance MTN |
|
|
|
|
|
|
|
|
2.250%, 09/09/2052 |
|
GBP |
100 |
|
|
|
49 |
|
1.250%, 03/13/2027 |
|
EUR |
333 |
|
|
|
322 |
|
BAT Netherlands Finance BV MTN |
|
|
|
|
|
|
|
|
3.125%, 04/07/2028 |
|
|
160 |
|
|
|
163 |
|
BG Energy Capital MTN |
|
|
|
|
|
|
|
|
5.125%, 12/01/2025 |
|
GBP |
215 |
|
|
|
268 |
|
2.250%, 11/21/2029 |
|
EUR |
400 |
|
|
|
397 |
|
BP Capital Markets (D) |
|
|
|
|
|
|
|
|
3.625% (C) |
|
|
281 |
|
|
|
266 |
|
3.250% (C) |
|
|
612 |
|
|
|
613 |
|
BP Capital Markets MTN |
|
|
|
|
|
|
|
|
0.831%, 11/08/2027 |
|
|
130 |
|
|
|
125 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Cadent Finance MTN |
|
|
|
|
|
|
|
|
2.750%, 09/22/2046 |
|
GBP |
100 |
|
|
$ |
76 |
|
2.625%, 09/22/2038 |
|
|
100 |
|
|
|
85 |
|
Castle UK Finco |
|
|
|
|
|
|
|
|
7.904%, Euribor 3 Month + 5.250%, 05/15/2028 (A)(C) |
|
EUR |
100 |
|
|
|
90 |
|
CCEP Finance Ireland DAC |
|
|
|
|
|
|
|
|
0.500%, 09/06/2029 |
|
|
335 |
|
|
|
298 |
|
Centrica MTN |
|
|
|
|
|
|
|
|
4.375%, 03/13/2029 |
|
GBP |
179 |
|
|
|
208 |
|
CK Hutchison Europe Finance 21 |
|
|
|
|
|
|
|
|
0.750%, 11/02/2029 |
|
EUR |
375 |
|
|
|
325 |
|
CK Hutchison Finance 16 II |
|
|
|
|
|
|
|
|
0.875%, 10/03/2024 |
|
|
212 |
|
|
|
220 |
|
CK Hutchison Group Telecom Finance |
|
|
|
|
|
|
|
|
2.625%, 10/17/2034 |
|
GBP |
260 |
|
|
|
230 |
|
1.500%, 10/17/2031 |
|
EUR |
330 |
|
|
|
279 |
|
CNH Industrial Finance Europe MTN |
|
|
|
|
|
|
|
|
1.750%, 09/12/2025 |
|
|
130 |
|
|
|
136 |
|
CPUK Finance MTN |
|
|
|
|
|
|
|
|
3.690%, 08/28/2028 |
|
GBP |
100 |
|
|
|
110 |
|
3.588%, 08/28/2025 |
|
|
215 |
|
|
|
251 |
|
DS Smith MTN |
|
|
|
|
|
|
|
|
1.375%, 07/26/2024 |
|
EUR |
430 |
|
|
|
448 |
|
Gatwick Funding MTN |
|
|
|
|
|
|
|
|
5.250%, 01/23/2024 |
|
GBP |
100 |
|
|
|
124 |
|
Heathrow Funding MTN |
|
|
|
|
|
|
|
|
2.750%, 08/09/2049 |
|
|
315 |
|
|
|
242 |
|
HSBC Holdings |
|
|
|
|
|
|
|
|
6.161%, U.S. SOFR + 1.970%, 03/09/2029 (C) |
|
$ |
235 |
|
|
|
241 |
|
6.000%, EUR Swap Annual 5 Yr + 5.338% (C)(D) |
|
EUR |
200 |
|
|
|
211 |
|
3.000%, BPSW1 + 1.650%, 07/22/2028 (C) |
|
GBP |
167 |
|
|
|
185 |
|
2.013%, U.S. SOFR + 1.732%, 09/22/2028 (C) |
|
$ |
350 |
|
|
|
300 |
|
HSBC Holdings MTN |
|
|
|
|
|
|
|
|
6.000%, 03/29/2040 |
|
GBP |
70 |
|
|
|
77 |
|
Jaguar Land Rover Automotive |
|
|
|
|
|
|
|
|
4.500%, 10/01/2027 (A) |
|
$ |
200 |
|
|
|
164 |
|
Lloyds Banking Group |
|
|
|
|
|
|
|
|
8.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.913% (C)(D) |
|
|
200 |
|
|
|
184 |
|
7.953%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 3.750%, 11/15/2033 (C) |
|
|
245 |
|
|
|
271 |
|
4.716%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.750%, 08/11/2026 (C) |
|
|
335 |
|
|
|
326 |
|
National Gas Transmission MTN |
|
|
|
|
|
|
|
|
1.125%, 01/14/2033 |
|
GBP |
430 |
|
|
|
356 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
National Grid Electricity Distribution West Midlands MTN |
|
|
|
|
|
|
|
|
3.875%, 10/17/2024 |
|
GBP |
230 |
|
|
$ |
278 |
|
Natwest Group |
|
|
|
|
|
|
|
|
3.622%, UK Govt Bonds 5 Year Note Generic Bid Yield + 3.550%, 08/14/2030 (C) |
|
|
410 |
|
|
|
469 |
|
Pinewood Finance |
|
|
|
|
|
|
|
|
3.625%, 11/15/2027 (A) |
|
|
170 |
|
|
|
186 |
|
Santander UK MTN |
|
|
|
|
|
|
|
|
1.250%, 09/18/2024 |
|
EUR |
500 |
|
|
|
525 |
|
Santander UK Group Holdings PLC MTN |
|
|
|
|
|
|
|
|
3.625%, 01/14/2026 |
|
GBP |
100 |
|
|
|
117 |
|
Sky PLC MTN |
|
|
|
|
|
|
|
|
2.250%, 11/17/2025 |
|
EUR |
275 |
|
|
|
289 |
|
Standard Chartered |
|
|
|
|
|
|
|
|
6.312%, ICE LIBOR USD 3 Month + 1.510% (A)(C)(D) |
|
$ |
500 |
|
|
|
420 |
|
Thames Water Utilities Finance MTN |
|
|
|
|
|
|
|
|
4.625%, 06/04/2046 |
|
GBP |
155 |
|
|
|
162 |
|
United Kingdom Gilt |
|
|
|
|
|
|
|
|
4.500%, 12/07/2042 |
|
|
356 |
|
|
|
479 |
|
4.250%, 03/07/2036 |
|
|
332 |
|
|
|
435 |
|
4.250%, 12/07/2040 |
|
|
115 |
|
|
|
150 |
|
4.250%, 12/07/2046 |
|
|
476 |
|
|
|
620 |
|
4.250%, 12/07/2049 |
|
|
375 |
|
|
|
492 |
|
3.500%, 01/22/2045 |
|
|
1,084 |
|
|
|
1,263 |
|
3.250%, 01/22/2044 |
|
|
426 |
|
|
|
479 |
|
2.500%, 07/22/2065 |
|
|
993 |
|
|
|
922 |
|
1.250%, 10/22/2041 |
|
|
163 |
|
|
|
133 |
|
1.250%, 07/31/2051 |
|
|
4,147 |
|
|
|
2,854 |
|
1.125%, 01/31/2039 |
|
|
1,215 |
|
|
|
1,024 |
|
0.875%, 10/22/2029 |
|
|
1,668 |
|
|
|
1,760 |
|
0.625%, 10/22/2050 |
|
|
524 |
|
|
|
297 |
|
0.500%, 10/22/2061 |
|
|
1,407 |
|
|
|
623 |
|
0.375%, 10/22/2026 |
|
|
1,778 |
|
|
|
1,963 |
|
Vodafone Group MTN |
|
|
|
|
|
|
|
|
4.200%, 12/13/2027 |
|
AUD |
780 |
|
|
|
506 |
|
| |
|
|
|
|
|
|
25,578 |
|
| |
|
|
|
|
|
|
|
|
United States — 7.3% |
|
|
|
|
Air Products and Chemicals |
|
|
|
|
|
|
|
|
4.000%, 03/03/2035 |
|
EUR |
280 |
|
|
|
306 |
|
Aircastle |
|
|
|
|
|
|
|
|
4.250%, 06/15/2026 |
|
$ |
4 |
|
|
|
4 |
|
4.125%, 05/01/2024 |
|
|
22 |
|
|
|
21 |
|
Ally Financial |
|
|
|
|
|
|
|
|
4.700%, H15T7Y + 3.481% (C)(D) |
|
|
116 |
|
|
|
77 |
|
Altria Group |
|
|
|
|
|
|
|
|
3.125%, 06/15/2031 |
|
EUR |
310 |
|
|
|
287 |
|
2.200%, 06/15/2027 |
|
|
330 |
|
|
|
330 |
|
American Honda Finance |
|
|
|
|
|
|
|
|
1.950%, 10/18/2024 |
|
|
159 |
|
|
|
169 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
American Medical Systems Europe BV |
|
|
|
|
|
|
|
|
1.375%, 03/08/2028 |
|
EUR |
250 |
|
|
$ |
244 |
|
American Tower |
|
|
|
|
|
|
|
|
1.300%, 09/15/2025 |
|
$ |
535 |
|
|
|
490 |
|
0.875%, 05/21/2029 |
|
EUR |
420 |
|
|
|
366 |
|
Amgen |
|
|
|
|
|
|
|
|
5.150%, 03/02/2028 |
|
$ |
205 |
|
|
|
209 |
|
AT&T |
|
|
|
|
|
|
|
|
4.375%, 09/14/2029 |
|
GBP |
100 |
|
|
|
117 |
|
2.875% (C)(D) |
|
EUR |
200 |
|
|
|
201 |
|
1.650%, 02/01/2028 |
|
$ |
870 |
|
|
|
765 |
|
Bank of America MTN |
|
|
|
|
|
|
|
|
3.384%, U.S. SOFR + 1.330%, 04/02/2026 (C) |
|
|
700 |
|
|
|
671 |
|
2.375%, 06/19/2024 |
|
EUR |
835 |
|
|
|
893 |
|
Becton Dickinson Euro Finance Sarl |
|
|
|
|
|
|
|
|
1.336%, 08/13/2041 |
|
|
300 |
|
|
|
203 |
|
1.213%, 02/12/2036 |
|
|
129 |
|
|
|
99 |
|
0.334%, 08/13/2028 |
|
|
280 |
|
|
|
256 |
|
Berkshire Hathaway |
|
|
|
|
|
|
|
|
0.500%, 01/15/2041 |
|
|
170 |
|
|
|
100 |
|
Berkshire Hathaway Finance |
|
|
|
|
|
|
|
|
2.625%, 06/19/2059 |
|
GBP |
144 |
|
|
|
112 |
|
Booking Holdings |
|
|
|
|
|
|
|
|
4.500%, 11/15/2031 |
|
EUR |
123 |
|
|
|
139 |
|
2.375%, 09/23/2024 |
|
|
355 |
|
|
|
379 |
|
0.500%, 03/08/2028 |
|
|
110 |
|
|
|
103 |
|
Boston Scientific |
|
|
|
|
|
|
|
|
0.625%, 12/01/2027 |
|
|
410 |
|
|
|
390 |
|
Capital One Financial |
|
|
|
|
|
|
|
|
1.650%, 06/12/2029 |
|
|
570 |
|
|
|
479 |
|
CCO Holdings |
|
|
|
|
|
|
|
|
4.500%, 06/01/2033 (A) |
|
$ |
127 |
|
|
|
102 |
|
Charles Schwab |
|
|
|
|
|
|
|
|
5.375%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.971% (C)(D) |
|
|
254 |
|
|
|
241 |
|
Chubb INA Holdings |
|
|
|
|
|
|
|
|
1.550%, 03/15/2028 |
|
EUR |
325 |
|
|
|
320 |
|
0.875%, 06/15/2027 |
|
|
115 |
|
|
|
112 |
|
0.300%, 12/15/2024 |
|
|
190 |
|
|
|
194 |
|
Citigroup |
|
|
|
|
|
|
|
|
4.658%, U.S. SOFR + 1.887%, 05/24/2028 (C) |
|
$ |
122 |
|
|
|
120 |
|
4.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.597% (C)(D) |
|
|
71 |
|
|
|
63 |
|
Citigroup MTN |
|
|
|
|
|
|
|
|
0.500%, 10/08/2027 (C) |
|
EUR |
505 |
|
|
|
482 |
|
Comcast |
|
|
|
|
|
|
|
|
0.250%, 05/20/2027 |
|
|
190 |
|
|
|
181 |
|
0.000%, 09/14/2026 (B) |
|
|
550 |
|
|
|
530 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Consolidated Edison |
|
|
|
|
|
|
|
|
0.650%, 12/01/2023 |
|
$ |
1,065 |
|
|
$ |
1,033 |
|
Corebridge Financial |
|
|
|
|
|
|
|
|
3.500%, 04/04/2025 (A) |
|
|
330 |
|
|
|
317 |
|
Delta Airlines |
|
|
|
|
|
|
|
|
4.500%, 10/20/2025 (A) |
|
|
215 |
|
|
|
212 |
|
DH Europe Finance II |
|
|
|
|
|
|
|
|
1.800%, 09/18/2049 |
|
EUR |
105 |
|
|
|
76 |
|
Digital Dutch Finco BV |
|
|
|
|
|
|
|
|
0.625%, 07/15/2025 |
|
|
136 |
|
|
|
134 |
|
Digital Intrepid Holding BV |
|
|
|
|
|
|
|
|
0.625%, 07/15/2031 |
|
|
410 |
|
|
|
306 |
|
Directv Financing |
|
|
|
|
|
|
|
|
5.875%, 08/15/2027 (A) |
|
$ |
215 |
|
|
|
195 |
|
Discovery Communications |
|
|
|
|
|
|
|
|
3.900%, 11/15/2024 |
|
|
665 |
|
|
|
646 |
|
Eli Lilly |
|
|
|
|
|
|
|
|
5.000%, 02/27/2026 |
|
|
590 |
|
|
|
595 |
|
1.375%, 09/14/2061 |
|
EUR |
195 |
|
|
|
107 |
|
Encore Capital Group |
|
|
|
|
|
|
|
|
4.875%, 10/15/2025 |
|
|
205 |
|
|
|
202 |
|
Exxon Mobil |
|
|
|
|
|
|
|
|
0.835%, 06/26/2032 |
|
|
600 |
|
|
|
507 |
|
GE Capital UK Funding Unlimited MTN |
|
|
|
|
|
|
|
|
5.875%, 01/18/2033 |
|
GBP |
160 |
|
|
|
204 |
|
GE HealthCare Technologies |
|
|
|
|
|
|
|
|
5.550%, 11/15/2024 (A) |
|
$ |
435 |
|
|
|
438 |
|
General Motors Financial MTN |
|
|
|
|
|
|
|
|
1.694%, 03/26/2025 |
|
EUR |
277 |
|
|
|
288 |
|
Gilead Sciences |
|
|
|
|
|
|
|
|
0.750%, 09/29/2023 |
|
$ |
545 |
|
|
|
533 |
|
Global Payments |
|
|
|
|
|
|
|
|
4.875%, 03/17/2031 |
|
EUR |
359 |
|
|
|
390 |
|
Goldman Sachs Group MTN |
|
|
|
|
|
|
|
|
2.125%, 09/30/2024 |
|
|
545 |
|
|
|
579 |
|
0.250%, 01/26/2028 |
|
|
292 |
|
|
|
264 |
|
Haleon US Capital LLC |
|
|
|
|
|
|
|
|
3.024%, 03/24/2024 |
|
$ |
265 |
|
|
|
258 |
|
Harley-Davidson Financial Services |
|
|
|
|
|
|
|
|
6.500%, 03/10/2028 (A) |
|
|
341 |
|
|
|
345 |
|
Honeywell International |
|
|
|
|
|
|
|
|
4.125%, 11/02/2034 |
|
EUR |
620 |
|
|
|
683 |
|
Intel |
|
|
|
|
|
|
|
|
4.875%, 02/10/2026 |
|
$ |
250 |
|
|
|
253 |
|
International Business Machines |
|
|
|
|
|
|
|
|
3.625%, 02/06/2031 |
|
EUR |
275 |
|
|
|
298 |
|
0.300%, 02/11/2028 |
|
|
240 |
|
|
|
224 |
|
JPMorgan Chase MTN |
|
|
|
|
|
|
|
|
1.963%, Euribor 3 Month + 1.130%, 03/23/2030 (C) |
|
|
255 |
|
|
|
245 |
|
Kraft Heinz Foods |
|
|
|
|
|
|
|
|
2.250%, 05/25/2028 |
|
|
175 |
|
|
|
177 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Kyndryl Holdings |
|
|
|
|
|
|
|
|
2.050%, 10/15/2026 |
|
$ |
455 |
|
|
$ |
395 |
|
MassMutual Global Funding II MTN |
|
|
|
|
|
|
|
|
0.850%, 06/09/2023 (A) |
|
|
998 |
|
|
|
990 |
|
McKesson |
|
|
|
|
|
|
|
|
3.125%, 02/17/2029 |
|
GBP |
315 |
|
|
|
347 |
|
Medtronic Global Holdings SCA |
|
|
|
|
|
|
|
|
1.375%, 10/15/2040 |
|
EUR |
110 |
|
|
|
82 |
|
1.125%, 03/07/2027 |
|
|
400 |
|
|
|
399 |
|
0.250%, 07/02/2025 |
|
|
115 |
|
|
|
116 |
|
Mileage Plus Holdings LLC |
|
|
|
|
|
|
|
|
6.500%, 06/20/2027 (A) |
|
$ |
297 |
|
|
|
297 |
|
Mondelez International |
|
|
|
|
|
|
|
|
0.250%, 03/17/2028 |
|
EUR |
470 |
|
|
|
431 |
|
Mondelez International Holdings Netherlands BV |
|
|
|
|
|
|
|
|
0.625%, 09/09/2032 (A) |
|
|
450 |
|
|
|
366 |
|
Morgan Stanley |
|
|
|
|
|
|
|
|
4.813%, Euribor 3 Month + 1.762%, 10/25/2028 (C) |
|
|
435 |
|
|
|
483 |
|
0.406%, 10/29/2027 (C) |
|
|
370 |
|
|
|
351 |
|
Morgan Stanley MTN |
|
|
|
|
|
|
|
|
5.113%, U.S. SOFR + 0.455%, 01/25/2024 (C) |
|
$ |
1,000 |
|
|
|
997 |
|
MPT Operating Partnership |
|
|
|
|
|
|
|
|
3.325%, 03/24/2025 |
|
EUR |
145 |
|
|
|
131 |
|
National Grid North America MTN |
|
|
|
|
|
|
|
|
1.000%, 07/12/2024 |
|
|
300 |
|
|
|
314 |
|
Newell Brands |
|
|
|
|
|
|
|
|
6.375%, 09/15/2027 |
|
$ |
195 |
|
|
|
197 |
|
Philip Morris International |
|
|
|
|
|
|
|
|
1.450%, 08/01/2039 |
|
EUR |
115 |
|
|
|
72 |
|
0.625%, 11/08/2024 |
|
|
285 |
|
|
|
294 |
|
Philip Morris International MTN |
|
|
|
|
|
|
|
|
2.875%, 03/03/2026 |
|
|
170 |
|
|
|
180 |
|
Principal Life Global Funding II |
|
|
|
|
|
|
|
|
1.250%, 06/23/2025 (A) |
|
$ |
315 |
|
|
|
288 |
|
Prologis Euro Finance |
|
|
|
|
|
|
|
|
0.375%, 02/06/2028 |
|
EUR |
286 |
|
|
|
260 |
|
Public Storage |
|
|
|
|
|
|
|
|
0.500%, 09/09/2030 |
|
|
260 |
|
|
|
208 |
|
Realty Income |
|
|
|
|
|
|
|
|
1.125%, 07/13/2027 |
|
GBP |
385 |
|
|
|
397 |
|
Regal Rexnord (A) |
|
|
|
|
|
|
|
|
6.400%, 04/15/2033 |
|
$ |
100 |
|
|
|
100 |
|
6.300%, 02/15/2030 |
|
|
85 |
|
|
|
86 |
|
Sabra Health Care LP |
|
|
|
|
|
|
|
|
3.900%, 10/15/2029 |
|
|
241 |
|
|
|
199 |
|
Southern |
|
|
|
|
|
|
|
|
1.875%, 09/15/2081 (C) |
|
EUR |
200 |
|
|
|
171 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Starbucks |
|
|
|
|
|
|
|
|
5.150%, SOFRINDX + 0.420%, 02/14/2024 (C) |
|
$ |
330 |
|
|
$ |
328 |
|
State Street |
|
|
|
|
|
|
|
|
4.821%, U.S. SOFR + 1.567%, 01/26/2034 (C) |
|
|
26 |
|
|
|
26 |
|
Thermo Fisher Scientific Finance I BV |
|
|
|
|
|
|
|
|
0.800%, 10/18/2030 |
|
EUR |
260 |
|
|
|
232 |
|
0.000%, 11/18/2025 (B) |
|
|
206 |
|
|
|
205 |
|
Time Warner Cable |
|
|
|
|
|
|
|
|
5.750%, 06/02/2031 |
|
GBP |
295 |
|
|
|
351 |
|
Toyota Motor Credit MTN |
|
|
|
|
|
|
|
|
0.625%, 11/21/2024 |
|
EUR |
465 |
|
|
|
483 |
|
TWDC Enterprises 18 |
|
|
|
|
|
|
|
|
2.758%, 10/07/2024 |
|
CAD |
800 |
|
|
|
572 |
|
UnitedHealth Group |
|
|
|
|
|
|
|
|
1.250%, 01/15/2026 |
|
$ |
175 |
|
|
|
161 |
|
US Bancorp |
|
|
|
|
|
|
|
|
4.839%, U.S. SOFR + 1.600%, 02/01/2034 (C) |
|
|
74 |
|
|
|
72 |
|
Verizon Communications |
|
|
|
|
|
|
|
|
4.250%, 10/31/2030 |
|
EUR |
310 |
|
|
|
348 |
|
2.100%, 03/22/2028 |
|
$ |
445 |
|
|
|
396 |
|
1.125%, 11/03/2028 |
|
GBP |
240 |
|
|
|
242 |
|
Verizon Communications MTN |
|
|
|
|
|
|
|
|
4.050%, 02/17/2025 |
|
AUD |
680 |
|
|
|
453 |
|
VF |
|
|
|
|
|
|
|
|
0.250%, 02/25/2028 |
|
EUR |
395 |
|
|
|
354 |
|
Visa |
|
|
|
|
|
|
|
|
2.000%, 06/15/2029 |
|
|
362 |
|
|
|
364 |
|
Vistra |
|
|
|
|
|
|
|
|
7.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 5.740% (A)(C)(D) |
|
$ |
68 |
|
|
|
60 |
|
Wells Fargo |
|
|
|
|
|
|
|
|
3.900%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.453% (C)(D) |
|
|
132 |
|
|
|
116 |
|
Wells Fargo MTN |
|
|
|
|
|
|
|
|
2.125%, 12/20/2023 |
|
GBP |
345 |
|
|
|
416 |
|
0.500%, 04/26/2024 |
|
EUR |
500 |
|
|
|
525 |
|
Welltower OP LLC |
|
|
|
|
|
|
|
|
4.500%, 12/01/2034 |
|
GBP |
140 |
|
|
|
149 |
|
Western Digital |
|
|
|
|
|
|
|
|
2.850%, 02/01/2029 |
|
$ |
32 |
|
|
|
26 |
|
Western Union |
|
|
|
|
|
|
|
|
2.750%, 03/15/2031 |
|
|
355 |
|
|
|
284 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
WPC Eurobond BV |
|
|
|
|
|
|
|
|
1.350%, 04/15/2028 |
|
EUR |
530 |
|
|
$ |
474 |
|
| |
|
|
|
|
|
|
34,052 |
|
| |
|
|
|
|
|
|
|
|
Total Global Bonds |
|
|
|
|
|
|
|
|
(Cost $481,634) ($ Thousands) |
|
|
|
|
|
|
425,942 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
U.S. TREASURY OBLIGATIONS — 5.1% |
U.S. Treasury Bills |
|
|
|
|
|
|
|
|
4.733%, 05/23/2023 (F) |
|
$ |
9,281 |
|
|
|
9,222 |
|
4.621%, 04/20/2023 (F) |
|
|
9,930 |
|
|
|
9,908 |
|
U.S. Treasury Bonds |
|
|
|
|
|
|
|
|
1.250%, 05/15/2050 |
|
|
131 |
|
|
|
76 |
|
U.S. Treasury Cash Management Bills |
|
|
|
|
|
|
|
|
4.616%, 04/17/2023 (F) |
|
|
2,323 |
|
|
|
2,319 |
|
U.S. Treasury Inflation Indexed Bonds |
|
|
|
|
|
|
|
|
0.125%, 10/15/2026 |
|
|
1,697 |
|
|
|
1,629 |
|
U.S. Treasury Notes |
|
|
|
|
|
|
|
|
0.500%, 06/30/2027 |
|
|
668 |
|
|
|
585 |
|
| |
|
|
|
|
Total U.S. Treasury Obligations |
|
|
|
|
(Cost $23,773) ($ Thousands) |
|
|
23,739 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
COMMERCIAL PAPER — 0.9% |
General Mills |
|
|
|
|
|
|
|
|
5.151%, 04/03/2023 (A)(F) |
|
|
900 |
|
|
|
900 |
|
Oesterreichische Kontrollbank |
|
|
|
|
|
|
|
|
4.664%, 04/28/2023 (F) |
|
|
1,300 |
|
|
|
1,295 |
|
TELUS |
|
|
|
|
|
|
|
|
4.837%, 04/11/2023 (A)(F) |
|
|
1,200 |
|
|
|
1,198 |
|
Walt Disney |
|
|
|
|
|
|
|
|
4.890%, 06/02/2023 (A)(F) |
|
|
800 |
|
|
|
793 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Commercial Paper |
|
|
|
|
(Cost $4,186) ($ Thousands) |
|
|
4,186 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
ASSET-BACKED SECURITIES — 0.3% |
Other Asset-Backed Securities — 0.3% |
|
|
|
|
| |
|
|
|
|
Elmwood CLO XII, Ser 2021-5A, Cl D |
|
|
|
|
|
|
|
|
7.858%, ICE LIBOR USD 3 Month + 3.050%, 01/20/2035 (A)(C) |
|
$ |
750 |
|
|
$ |
700 |
|
Neuberger Berman Loan Advisers Euro CLO 3 DAC, Ser 2022-3A, Cl D |
|
|
|
|
|
|
|
|
5.649%, Euribor 3 Month + 3.200%, 10/25/2034 (A)(C) |
|
EUR |
663 |
|
|
|
615 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Asset-Backed Securities |
|
|
|
|
|
|
|
|
(Cost $1,507) ($ Thousands) |
|
|
|
|
|
|
1,315 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
MORTGAGE-BACKED SECURITIES — 0.0% |
Agency Mortgage-Backed Obligation — 0.0% |
|
|
|
|
FNMA Connecticut Avenue Securities, Ser 2014-C04, Cl 2M2 |
|
|
|
|
|
|
|
|
9.845%, ICE LIBOR USD 1 Month + 5.000%, 11/25/2024(C) |
|
$ |
10 |
|
|
|
10 |
|
| |
|
|
|
|
|
|
|
|
Non-Agency Mortgage-Backed Obligation — 0.0% |
|
|
|
|
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A |
|
|
|
|
|
|
|
|
4.014%, 09/25/2034(C) |
|
|
6 |
|
|
|
5 |
|
JPMorgan Mortgage Trust, Ser 2004-A5, Cl 3A1 |
|
|
|
|
|
|
|
|
3.718%, 12/25/2034(C) |
|
|
19 |
|
|
|
17 |
|
LSTAR Commercial Mortgage Trust, Ser 2016-4, Cl A2 |
|
|
|
|
|
|
|
|
2.579%, 03/10/2049(A) |
|
|
34 |
|
|
|
34 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
56 |
|
Total Mortgage-Backed Securities |
|
|
|
|
|
|
|
|
(Cost $68) ($ Thousands) |
|
|
|
|
|
|
66 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Investments in Securities — 98.2% |
|
|
|
|
|
|
|
|
(Cost $511,168) ($ Thousands) |
|
$ |
455,248 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
A list of the open futures contracts held by the Fund at March 31, 2023, is as follows:
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation/ (Depreciation) (Thousands) |
|
Long Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Australian 10-Year Bond |
|
|
29 |
|
|
|
Jun-2023 |
|
|
$ |
2,313 |
|
|
$ |
2,387 |
|
|
$ |
54 |
|
Australian 3-Year Bond |
|
|
13 |
|
|
|
Jun-2023 |
|
|
|
947 |
|
|
|
947 |
|
|
|
(6 |
) |
Canadian 5-Year Bond |
|
|
10 |
|
|
|
Jun-2023 |
|
|
|
823 |
|
|
|
842 |
|
|
|
18 |
|
Euro-Bobl |
|
|
18 |
|
|
|
Jun-2023 |
|
|
|
2,278 |
|
|
|
2,305 |
|
|
|
12 |
|
Euro-BTP |
|
|
2 |
|
|
|
Jun-2023 |
|
|
|
247 |
|
|
|
251 |
|
|
|
1 |
|
Euro-Bund |
|
|
10 |
|
|
|
Jun-2023 |
|
|
|
1,416 |
|
|
|
1,476 |
|
|
|
35 |
|
Euro-Buxl |
|
|
10 |
|
|
|
Jun-2023 |
|
|
|
1,406 |
|
|
|
1,530 |
|
|
|
86 |
|
Euro-OAT |
|
|
34 |
|
|
|
Jun-2023 |
|
|
|
4,549 |
|
|
|
4,811 |
|
|
|
150 |
|
SEI Institutional International Trust
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation/ (Depreciation) (Thousands) |
|
Japanese 10-Year Bond |
|
|
16 |
|
|
|
Jun-2023 |
|
|
$ |
17,054 |
|
|
$ |
17,807 |
|
|
$ |
311 |
|
Korea 10-Year Bond |
|
|
64 |
|
|
|
Jun-2023 |
|
|
|
5,581 |
|
|
|
5,597 |
|
|
|
17 |
|
Korea 3-Year Bond |
|
|
72 |
|
|
|
Jun-2023 |
|
|
|
5,779 |
|
|
|
5,801 |
|
|
|
20 |
|
Long Gilt 10-Year Bond |
|
|
51 |
|
|
|
Jun-2023 |
|
|
|
6,218 |
|
|
|
6,517 |
|
|
|
148 |
|
U.S. 10-Year Treasury Note |
|
|
61 |
|
|
|
Jun-2023 |
|
|
|
6,934 |
|
|
|
7,010 |
|
|
|
76 |
|
U.S. Long Treasury Bond |
|
|
21 |
|
|
|
Jun-2023 |
|
|
|
2,652 |
|
|
|
2,754 |
|
|
|
102 |
|
U.S. Ultra Long Treasury Bond |
|
|
2 |
|
|
|
Jun-2023 |
|
|
|
279 |
|
|
|
282 |
|
|
|
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
58,476 |
|
|
|
60,317 |
|
|
|
1,027 |
|
Short Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Canadian 5-Year Bond |
|
|
(19 |
) |
|
|
Jun-2023 |
|
|
$ |
(1,565 |
) |
|
$ |
(1,600 |
) |
|
$ |
(32 |
) |
Canadian 10-Year Bond |
|
|
(10 |
) |
|
|
Jun-2023 |
|
|
|
(931 |
) |
|
|
(932 |
) |
|
|
8 |
|
Canadian 10-Year Bond |
|
|
(1 |
) |
|
|
Jun-2023 |
|
|
|
(89 |
) |
|
|
(93 |
) |
|
|
(4 |
) |
Euro-BTP |
|
|
(14 |
) |
|
|
Jun-2023 |
|
|
|
(1,652 |
) |
|
|
(1,754 |
) |
|
|
(61 |
) |
Euro-Bund |
|
|
(19 |
) |
|
|
Jun-2023 |
|
|
|
(2,810 |
) |
|
|
(2,804 |
) |
|
|
18 |
|
Euro-Buxl |
|
|
(3 |
) |
|
|
Jun-2023 |
|
|
|
(431 |
) |
|
|
(459 |
) |
|
|
(16 |
) |
Euro-OAT |
|
|
(10 |
) |
|
|
Jun-2023 |
|
|
|
(1,335 |
) |
|
|
(1,415 |
) |
|
|
(45 |
) |
Euro-Schatz |
|
|
(86 |
) |
|
|
Jun-2023 |
|
|
|
(9,648 |
) |
|
|
(9,876 |
) |
|
|
(69 |
) |
Japanese 10-Year Bond |
|
|
(4 |
) |
|
|
Jun-2023 |
|
|
|
(4,252 |
) |
|
|
(4,452 |
) |
|
|
(81 |
) |
Japanese 10-Year Government Bond E-MINI |
|
|
(53 |
) |
|
|
Jun-2023 |
|
|
|
(5,737 |
) |
|
|
(5,887 |
) |
|
|
(64 |
) |
U.S. 2-Year Treasury Note |
|
|
(36 |
) |
|
|
Jun-2023 |
|
|
|
(7,416 |
) |
|
|
(7,432 |
) |
|
|
(16 |
) |
U.S. 5-Year Treasury Note |
|
|
(142 |
) |
|
|
Jun-2023 |
|
|
|
(15,447 |
) |
|
|
(15,550 |
) |
|
|
(103 |
) |
U.S. Ultra Long Treasury Bond |
|
|
(8 |
) |
|
|
Jun-2023 |
|
|
|
(1,083 |
) |
|
|
(1,129 |
) |
|
|
(46 |
) |
Ultra 10-Year U.S. Treasury Note |
|
|
(23 |
) |
|
|
Jun-2023 |
|
|
|
(2,694 |
) |
|
|
(2,786 |
) |
|
|
(92 |
) |
| |
|
|
|
|
|
|
|
|
|
|
(55,090 |
) |
|
|
(56,169 |
) |
|
|
(603 |
) |
| |
|
|
|
|
|
|
|
|
|
$ |
3,386 |
|
|
$ |
4,148 |
|
|
$ |
424 |
|
A list of the open forward foreign currency contracts held by the Fund at March 31, 2023, is as follows:
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
ANZ |
|
|
04/13/23 |
|
|
|
AUD |
|
|
|
1,238 |
|
|
|
USD |
|
|
|
832 |
|
|
$ |
3 |
|
ANZ |
|
|
04/13/23 |
|
|
|
USD |
|
|
|
1,586 |
|
|
|
AUD |
|
|
|
2,308 |
|
|
|
(40 |
) |
Bank of America |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
233 |
|
|
|
CAD |
|
|
|
320 |
|
|
|
4 |
|
Bank of America |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
266 |
|
|
|
CHF |
|
|
|
245 |
|
|
|
2 |
|
Bank of America |
|
|
04/04/23 |
|
|
|
CAD |
|
|
|
320 |
|
|
|
USD |
|
|
|
234 |
|
|
|
(2 |
) |
Bank of America |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
464 |
|
|
|
JPY |
|
|
|
61,300 |
|
|
|
(3 |
) |
Bank of America |
|
|
04/04/23 |
|
|
|
NZD |
|
|
|
800 |
|
|
|
USD |
|
|
|
489 |
|
|
|
(11 |
) |
Bank of America |
|
|
04/04/23 |
|
|
|
ZAR |
|
|
|
3,170 |
|
|
|
USD |
|
|
|
173 |
|
|
|
(6 |
) |
Bank of America |
|
|
04/04/23 |
|
|
|
MXN |
|
|
|
3,210 |
|
|
|
USD |
|
|
|
171 |
|
|
|
(6 |
) |
Bank of America |
|
|
04/04/23 |
|
|
|
HUF |
|
|
|
61,400 |
|
|
|
USD |
|
|
|
168 |
|
|
|
(7 |
) |
Bank of America |
|
|
04/28/23 |
|
|
|
EUR |
|
|
|
214 |
|
|
|
USD |
|
|
|
234 |
|
|
|
1 |
|
Bank of America |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
231 |
|
|
|
CNY |
|
|
|
1,558 |
|
|
|
(4 |
) |
Bank of America |
|
|
01/24/24 |
|
|
|
CNY |
|
|
|
1,558 |
|
|
|
USD |
|
|
|
235 |
|
|
|
3 |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
33 |
|
|
|
CHF |
|
|
|
30 |
|
|
|
— |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
233 |
|
|
|
GBP |
|
|
|
193 |
|
|
|
6 |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
GBP |
|
|
|
276 |
|
|
|
USD |
|
|
|
333 |
|
|
|
(9 |
) |
Barclays PLC |
|
|
04/04/23 |
|
|
|
NZD |
|
|
|
375 |
|
|
|
USD |
|
|
|
234 |
|
|
|
— |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
460 |
|
|
|
JPY |
|
|
|
62,200 |
|
|
|
7 |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
1,001 |
|
|
|
AUD |
|
|
|
1,486 |
|
|
|
(6 |
) |
Barclays PLC |
|
|
04/04/23 - 05/03/23 |
|
|
|
RON |
|
|
|
1,122 |
|
|
|
USD |
|
|
|
244 |
|
|
|
(2 |
) |
Barclays PLC |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
1,488 |
|
|
|
CNY |
|
|
|
10,232 |
|
|
|
1 |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
AUD |
|
|
|
5,764 |
|
|
|
USD |
|
|
|
3,889 |
|
|
|
29 |
|
Barclays PLC |
|
|
05/03/23 |
|
|
|
DKK |
|
|
|
4,529 |
|
|
|
USD |
|
|
|
662 |
|
|
|
— |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
DKK |
|
|
|
4,529 |
|
|
|
USD |
|
|
|
650 |
|
|
$ |
(10 |
) |
Barclays PLC |
|
|
04/04/23 |
|
|
|
ZAR |
|
|
|
9,770 |
|
|
|
USD |
|
|
|
536 |
|
|
|
(14 |
) |
Barclays PLC |
|
|
05/03/23 |
|
|
|
THB |
|
|
|
52,654 |
|
|
|
USD |
|
|
|
1,547 |
|
|
|
2 |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
THB |
|
|
|
52,654 |
|
|
|
USD |
|
|
|
1,498 |
|
|
|
(42 |
) |
Barclays PLC |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
9,200 |
|
|
|
USD |
|
|
|
70 |
|
|
|
1 |
|
Barclays PLC |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
106,000 |
|
|
|
USD |
|
|
|
780 |
|
|
|
(16 |
) |
Barclays PLC |
|
|
04/04/23 |
|
|
|
HUF |
|
|
|
185,600 |
|
|
|
USD |
|
|
|
514 |
|
|
|
(17 |
) |
Barclays PLC |
|
|
05/03/23 |
|
|
|
EUR |
|
|
|
32 |
|
|
|
USD |
|
|
|
35 |
|
|
|
— |
|
Barclays PLC |
|
|
05/03/23 |
|
|
|
TRY |
|
|
|
110 |
|
|
|
USD |
|
|
|
6 |
|
|
|
— |
|
Barclays PLC |
|
|
05/03/23 |
|
|
|
SEK |
|
|
|
8,235 |
|
|
|
USD |
|
|
|
792 |
|
|
|
(4 |
) |
BNP Paribas |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
794 |
|
|
|
SEK |
|
|
|
8,240 |
|
|
|
1 |
|
BNP Paribas |
|
|
04/04/23 - 05/03/23 |
|
|
|
CHF |
|
|
|
1,825 |
|
|
|
USD |
|
|
|
1,991 |
|
|
|
(12 |
) |
BNP Paribas |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
3,418 |
|
|
|
JPY |
|
|
|
461,666 |
|
|
|
51 |
|
BNP Paribas |
|
|
04/04/23 |
|
|
|
SEK |
|
|
|
5,745 |
|
|
|
USD |
|
|
|
553 |
|
|
|
(1 |
) |
BNP Paribas |
|
|
05/03/23 |
|
|
|
GBP |
|
|
|
301 |
|
|
|
USD |
|
|
|
372 |
|
|
|
— |
|
BNP Paribas |
|
|
04/04/23 |
|
|
|
GBP |
|
|
|
10,096 |
|
|
|
USD |
|
|
|
12,158 |
|
|
|
(325 |
) |
BNP Paribas |
|
|
04/04/23 - 06/09/23 |
|
|
|
CAD |
|
|
|
12,272 |
|
|
|
USD |
|
|
|
9,000 |
|
|
|
(78 |
) |
BNP Paribas |
|
|
04/04/23 - 05/03/23 |
|
|
|
MYR |
|
|
|
17,661 |
|
|
|
USD |
|
|
|
3,988 |
|
|
|
(28 |
) |
BNP Paribas |
|
|
04/04/23 - 05/02/23 |
|
|
|
JPY |
|
|
|
6,224,142 |
|
|
|
USD |
|
|
|
46,204 |
|
|
|
(568 |
) |
BNP Paribas |
|
|
04/13/23 |
|
|
|
AUD |
|
|
|
1,436 |
|
|
|
USD |
|
|
|
990 |
|
|
|
27 |
|
BNP Paribas |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
823 |
|
|
|
ZAR |
|
|
|
15,274 |
|
|
|
37 |
|
BNP Paribas |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
790 |
|
|
|
NZD |
|
|
|
1,263 |
|
|
|
1 |
|
BNP Paribas |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
792 |
|
|
|
NZD |
|
|
|
1,260 |
|
|
|
(4 |
) |
BNP Paribas |
|
|
04/20/23 |
|
|
|
NZD |
|
|
|
2,586 |
|
|
|
USD |
|
|
|
1,610 |
|
|
|
(8 |
) |
BNP Paribas |
|
|
04/21/23 |
|
|
|
USD |
|
|
|
2,494 |
|
|
|
NOK |
|
|
|
25,065 |
|
|
|
(98 |
) |
BNP Paribas |
|
|
04/21/23 |
|
|
|
NOK |
|
|
|
8,801 |
|
|
|
USD |
|
|
|
830 |
|
|
|
(12 |
) |
BNP Paribas |
|
|
04/27/23 |
|
|
|
PLN |
|
|
|
9,007 |
|
|
|
USD |
|
|
|
2,077 |
|
|
|
(12 |
) |
BNP Paribas |
|
|
05/03/23 |
|
|
|
EUR |
|
|
|
1,426 |
|
|
|
USD |
|
|
|
1,552 |
|
|
|
— |
|
BNP Paribas |
|
|
05/11/23 |
|
|
|
EUR |
|
|
|
801 |
|
|
|
USD |
|
|
|
849 |
|
|
|
(23 |
) |
BNP Paribas |
|
|
05/04/23 |
|
|
|
CNY |
|
|
|
1,674 |
|
|
|
USD |
|
|
|
244 |
|
|
|
— |
|
BNP Paribas |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
837 |
|
|
|
SGD |
|
|
|
1,119 |
|
|
|
6 |
|
BNP Paribas |
|
|
06/09/23 |
|
|
|
USD |
|
|
|
902 |
|
|
|
CAD |
|
|
|
1,233 |
|
|
|
11 |
|
Brown Brothers Harriman |
|
|
04/13/23 |
|
|
|
USD |
|
|
|
54 |
|
|
|
AUD |
|
|
|
81 |
|
|
|
— |
|
Brown Brothers Harriman |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
35 |
|
|
|
NZD |
|
|
|
56 |
|
|
|
— |
|
Brown Brothers Harriman |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
357 |
|
|
|
CNY |
|
|
|
2,454 |
|
|
|
1 |
|
Brown Brothers Harriman |
|
|
04/20/23 |
|
|
|
CNY |
|
|
|
1,619 |
|
|
|
USD |
|
|
|
235 |
|
|
|
(1 |
) |
Brown Brothers Harriman |
|
|
04/21/23 |
|
|
|
SEK |
|
|
|
1,121 |
|
|
|
USD |
|
|
|
108 |
|
|
|
— |
|
Brown Brothers Harriman |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
203 |
|
|
|
JPY |
|
|
|
27,094 |
|
|
|
1 |
|
Brown Brothers Harriman |
|
|
05/11/23 |
|
|
|
EUR |
|
|
|
1,303 |
|
|
|
USD |
|
|
|
1,397 |
|
|
|
(21 |
) |
Brown Brothers Harriman |
|
|
05/11/23 |
|
|
|
USD |
|
|
|
1,837 |
|
|
|
EUR |
|
|
|
1,719 |
|
|
|
35 |
|
Brown Brothers Harriman |
|
|
05/24/23 |
|
|
|
GBP |
|
|
|
387 |
|
|
|
USD |
|
|
|
478 |
|
|
|
(2 |
) |
Brown Brothers Harriman |
|
|
06/09/23 |
|
|
|
USD |
|
|
|
29 |
|
|
|
CAD |
|
|
|
40 |
|
|
|
— |
|
Citigroup |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
227 |
|
|
|
SEK |
|
|
|
2,370 |
|
|
|
1 |
|
Citigroup |
|
|
04/21/23 |
|
|
|
USD |
|
|
|
831 |
|
|
|
NOK |
|
|
|
8,723 |
|
|
|
2 |
|
Citigroup |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
229 |
|
|
|
NOK |
|
|
|
2,360 |
|
|
|
(4 |
) |
Citigroup |
|
|
04/04/23 |
|
|
|
MXN |
|
|
|
1,268 |
|
|
|
USD |
|
|
|
69 |
|
|
|
(1 |
) |
Citigroup |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
420 |
|
|
|
USD |
|
|
|
461 |
|
|
|
1 |
|
Citigroup |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
850 |
|
|
|
USD |
|
|
|
923 |
|
|
|
(7 |
) |
Citigroup |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
1,028 |
|
|
|
CHF |
|
|
|
955 |
|
|
|
17 |
|
SEI Institutional International Trust
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
Citigroup |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
460 |
|
|
|
CHF |
|
|
|
420 |
|
|
$ |
— |
|
Citigroup |
|
|
04/04/23 - 04/28/23 |
|
|
|
USD |
|
|
|
1,052 |
|
|
|
JPY |
|
|
|
140,547 |
|
|
|
8 |
|
Citigroup |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
609 |
|
|
|
JPY |
|
|
|
79,076 |
|
|
|
(12 |
) |
Citigroup |
|
|
04/04/23 - 05/03/23 |
|
|
|
RON |
|
|
|
5,426 |
|
|
|
USD |
|
|
|
1,180 |
|
|
|
(11 |
) |
Citigroup |
|
|
04/21/23 |
|
|
|
SEK |
|
|
|
8,600 |
|
|
|
USD |
|
|
|
832 |
|
|
|
1 |
|
Citigroup |
|
|
04/04/23 |
|
|
|
SEK |
|
|
|
4,890 |
|
|
|
USD |
|
|
|
456 |
|
|
|
(16 |
) |
Citigroup |
|
|
04/04/23 - 04/28/23 |
|
|
|
JPY |
|
|
|
143,513 |
|
|
|
USD |
|
|
|
1,070 |
|
|
|
(13 |
) |
Citigroup |
|
|
04/26/23 |
|
|
|
USD |
|
|
|
833 |
|
|
|
KRW |
|
|
|
1,059,955 |
|
|
|
(18 |
) |
Citigroup |
|
|
04/26/23 |
|
|
|
KRW |
|
|
|
1,565,526 |
|
|
|
USD |
|
|
|
1,269 |
|
|
|
66 |
|
Citigroup |
|
|
04/27/23 |
|
|
|
PLN |
|
|
|
3,693 |
|
|
|
USD |
|
|
|
839 |
|
|
|
(17 |
) |
Citigroup |
|
|
05/03/23 |
|
|
|
BRL |
|
|
|
8,500 |
|
|
|
USD |
|
|
|
1,640 |
|
|
|
(28 |
) |
Citigroup |
|
|
05/11/23 |
|
|
|
EUR |
|
|
|
1,290 |
|
|
|
USD |
|
|
|
1,374 |
|
|
|
(30 |
) |
Citigroup |
|
|
05/11/23 |
|
|
|
USD |
|
|
|
1,606 |
|
|
|
EUR |
|
|
|
1,498 |
|
|
|
25 |
|
Citigroup |
|
|
05/25/23 |
|
|
|
USD |
|
|
|
791 |
|
|
|
MXN |
|
|
|
14,994 |
|
|
|
32 |
|
Citigroup |
|
|
06/15/23 |
|
|
|
TWD |
|
|
|
24,970 |
|
|
|
USD |
|
|
|
824 |
|
|
|
(1 |
) |
Citigroup |
|
|
06/22/23 |
|
|
|
USD |
|
|
|
841 |
|
|
|
INR |
|
|
|
69,703 |
|
|
|
3 |
|
Citigroup |
|
|
06/22/23 |
|
|
|
INR |
|
|
|
138,383 |
|
|
|
USD |
|
|
|
1,676 |
|
|
|
— |
|
Commonwealth Bank Of Australia |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
43,170 |
|
|
|
USD |
|
|
|
326 |
|
|
|
2 |
|
Deutsche Bank |
|
|
04/27/23 |
|
|
|
USD |
|
|
|
823 |
|
|
|
PLN |
|
|
|
3,590 |
|
|
|
10 |
|
Deutsche Bank |
|
|
05/11/23 |
|
|
|
EUR |
|
|
|
14,931 |
|
|
|
USD |
|
|
|
16,242 |
|
|
|
(10 |
) |
Goldman Sachs |
|
|
04/04/23 - 05/04/23 |
|
|
|
USD |
|
|
|
115 |
|
|
|
CNY |
|
|
|
792 |
|
|
|
— |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
170 |
|
|
|
ZAR |
|
|
|
3,170 |
|
|
|
9 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
230 |
|
|
|
AUD |
|
|
|
340 |
|
|
|
(2 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
259 |
|
|
|
MXN |
|
|
|
4,800 |
|
|
|
7 |
|
Goldman Sachs |
|
|
04/04/23 - 05/03/23 |
|
|
|
AUD |
|
|
|
450 |
|
|
|
USD |
|
|
|
298 |
|
|
|
(3 |
) |
Goldman Sachs |
|
|
04/04/23 - 05/03/23 |
|
|
|
CAD |
|
|
|
470 |
|
|
|
USD |
|
|
|
346 |
|
|
|
(1 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
366 |
|
|
|
SEK |
|
|
|
3,900 |
|
|
|
10 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
234 |
|
|
|
SEK |
|
|
|
2,400 |
|
|
|
(3 |
) |
Goldman Sachs |
|
|
04/04/23 - 05/03/23 |
|
|
|
USD |
|
|
|
755 |
|
|
|
CAD |
|
|
|
1,035 |
|
|
|
9 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
537 |
|
|
|
NOK |
|
|
|
5,720 |
|
|
|
9 |
|
Goldman Sachs |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
231 |
|
|
|
NOK |
|
|
|
2,410 |
|
|
|
(1 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
GBP |
|
|
|
854 |
|
|
|
USD |
|
|
|
1,027 |
|
|
|
(29 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
1,169 |
|
|
|
GBP |
|
|
|
968 |
|
|
|
27 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
1,307 |
|
|
|
CHF |
|
|
|
1,205 |
|
|
|
12 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
71 |
|
|
|
CHF |
|
|
|
65 |
|
|
|
— |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
1,395 |
|
|
|
USD |
|
|
|
1,505 |
|
|
|
(22 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
MXN |
|
|
|
1,730 |
|
|
|
USD |
|
|
|
93 |
|
|
|
(3 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
1,849 |
|
|
|
EUR |
|
|
|
1,735 |
|
|
|
36 |
|
Goldman Sachs |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
232 |
|
|
|
EUR |
|
|
|
213 |
|
|
|
— |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
NOK |
|
|
|
3,150 |
|
|
|
USD |
|
|
|
303 |
|
|
|
3 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
3,414 |
|
|
|
NZD |
|
|
|
5,542 |
|
|
|
53 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
726 |
|
|
|
NZD |
|
|
|
1,160 |
|
|
|
— |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
1,489 |
|
|
|
JPY |
|
|
|
200,400 |
|
|
|
17 |
|
Goldman Sachs |
|
|
04/04/23 - 05/02/23 |
|
|
|
USD |
|
|
|
3,010 |
|
|
|
JPY |
|
|
|
397,600 |
|
|
|
(21 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
NZD |
|
|
|
4,625 |
|
|
|
USD |
|
|
|
2,852 |
|
|
|
(42 |
) |
Goldman Sachs |
|
|
04/04/23 - 05/03/23 |
|
|
|
ZAR |
|
|
|
12,530 |
|
|
|
USD |
|
|
|
691 |
|
|
|
(14 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
SEK |
|
|
|
14,520 |
|
|
|
USD |
|
|
|
1,375 |
|
|
|
(25 |
) |
Goldman Sachs |
|
|
04/04/23 - 05/04/23 |
|
|
|
CNY |
|
|
|
174,261 |
|
|
|
USD |
|
|
|
25,357 |
|
|
|
(114 |
) |
Goldman Sachs |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
134,300 |
|
|
|
USD |
|
|
|
1,023 |
|
|
|
14 |
|
Goldman Sachs |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
549,800 |
|
|
|
USD |
|
|
|
4,061 |
|
|
|
(70 |
) |
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
Goldman Sachs |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
576 |
|
|
|
NZD |
|
|
|
923 |
|
|
$ |
1 |
|
Goldman Sachs |
|
|
04/21/23 |
|
|
|
USD |
|
|
|
843 |
|
|
|
NOK |
|
|
|
8,634 |
|
|
|
(17 |
) |
Goldman Sachs |
|
|
04/21/23 |
|
|
|
SEK |
|
|
|
8,911 |
|
|
|
USD |
|
|
|
862 |
|
|
|
2 |
|
Goldman Sachs |
|
|
04/21/23 |
|
|
|
SEK |
|
|
|
8,579 |
|
|
|
USD |
|
|
|
810 |
|
|
|
(18 |
) |
Goldman Sachs |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
886 |
|
|
|
JPY |
|
|
|
115,057 |
|
|
|
(18 |
) |
Goldman Sachs |
|
|
05/03/23 |
|
|
|
EUR |
|
|
|
64 |
|
|
|
USD |
|
|
|
70 |
|
|
|
— |
|
Goldman Sachs |
|
|
05/11/23 |
|
|
|
USD |
|
|
|
803 |
|
|
|
EUR |
|
|
|
750 |
|
|
|
13 |
|
Goldman Sachs |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
828 |
|
|
|
SGD |
|
|
|
1,095 |
|
|
|
(3 |
) |
Goldman Sachs |
|
|
05/24/23 |
|
|
|
CHF |
|
|
|
1,543 |
|
|
|
USD |
|
|
|
1,708 |
|
|
|
10 |
|
HSBC |
|
|
04/13/23 |
|
|
|
AUD |
|
|
|
989 |
|
|
|
USD |
|
|
|
689 |
|
|
|
26 |
|
HSBC |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
824 |
|
|
|
CNH |
|
|
|
5,654 |
|
|
|
1 |
|
HSBC |
|
|
04/20/23 |
|
|
|
CNH |
|
|
|
70,561 |
|
|
|
USD |
|
|
|
10,259 |
|
|
|
(30 |
) |
HSBC |
|
|
04/26/23 |
|
|
|
KRW |
|
|
|
1,093,047 |
|
|
|
USD |
|
|
|
855 |
|
|
|
15 |
|
HSBC |
|
|
05/17/23 |
|
|
|
CLP |
|
|
|
695,917 |
|
|
|
USD |
|
|
|
861 |
|
|
|
(15 |
) |
HSBC |
|
|
06/15/23 |
|
|
|
TWD |
|
|
|
25,528 |
|
|
|
USD |
|
|
|
844 |
|
|
|
1 |
|
HSBC |
|
|
06/15/23 |
|
|
|
TWD |
|
|
|
25,580 |
|
|
|
USD |
|
|
|
842 |
|
|
|
(3 |
) |
HSBC |
|
|
06/22/23 |
|
|
|
INR |
|
|
|
67,651 |
|
|
|
USD |
|
|
|
814 |
|
|
|
(6 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
TRY |
|
|
|
110 |
|
|
|
USD |
|
|
|
6 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
228 |
|
|
|
CAD |
|
|
|
310 |
|
|
|
1 |
|
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
GBP |
|
|
|
230 |
|
|
|
USD |
|
|
|
277 |
|
|
|
(7 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
68 |
|
|
|
NZD |
|
|
|
110 |
|
|
|
1 |
|
JPMorgan Chase Bank |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
231 |
|
|
|
NZD |
|
|
|
370 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
04/04/23 - 05/03/23 |
|
|
|
USD |
|
|
|
300 |
|
|
|
AUD |
|
|
|
450 |
|
|
|
1 |
|
JPMorgan Chase Bank |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
71 |
|
|
|
AUD |
|
|
|
105 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
330 |
|
|
|
CHF |
|
|
|
305 |
|
|
|
4 |
|
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
236 |
|
|
|
CHF |
|
|
|
215 |
|
|
|
(1 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 - 06/12/23 |
|
|
|
USD |
|
|
|
1,270 |
|
|
|
NOK |
|
|
|
13,195 |
|
|
|
(6 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 - 05/02/23 |
|
|
|
USD |
|
|
|
1,145 |
|
|
|
JPY |
|
|
|
154,000 |
|
|
|
13 |
|
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
302 |
|
|
|
JPY |
|
|
|
40,000 |
|
|
|
(2 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
210 |
|
|
|
USD |
|
|
|
231 |
|
|
|
2 |
|
JPMorgan Chase Bank |
|
|
04/04/23 - 06/12/23 |
|
|
|
CHF |
|
|
|
1,837 |
|
|
|
USD |
|
|
|
1,973 |
|
|
|
(53 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 - 07/10/23 |
|
|
|
USD |
|
|
|
3,056 |
|
|
|
CNY |
|
|
|
20,989 |
|
|
|
14 |
|
JPMorgan Chase Bank |
|
|
04/04/23 - 05/03/23 |
|
|
|
RON |
|
|
|
3,124 |
|
|
|
USD |
|
|
|
680 |
|
|
|
(6 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 - 06/12/23 |
|
|
|
USD |
|
|
|
3,384 |
|
|
|
GBP |
|
|
|
2,824 |
|
|
|
112 |
|
JPMorgan Chase Bank |
|
|
06/13/23 |
|
|
|
AUD |
|
|
|
5,488 |
|
|
|
USD |
|
|
|
3,710 |
|
|
|
25 |
|
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
AUD |
|
|
|
235 |
|
|
|
USD |
|
|
|
156 |
|
|
|
(2 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 |
|
|
|
SEK |
|
|
|
6,710 |
|
|
|
USD |
|
|
|
635 |
|
|
|
(12 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 - 06/12/23 |
|
|
|
USD |
|
|
|
7,588 |
|
|
|
SEK |
|
|
|
79,257 |
|
|
|
84 |
|
JPMorgan Chase Bank |
|
|
04/20/23 - 05/03/23 |
|
|
|
NZD |
|
|
|
1,856 |
|
|
|
USD |
|
|
|
1,192 |
|
|
|
31 |
|
JPMorgan Chase Bank |
|
|
04/04/23 - 06/12/23 |
|
|
|
NZD |
|
|
|
20,615 |
|
|
|
USD |
|
|
|
12,789 |
|
|
|
(104 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 - 04/28/23 |
|
|
|
EUR |
|
|
|
40,251 |
|
|
|
USD |
|
|
|
42,827 |
|
|
|
(929 |
) |
JPMorgan Chase Bank |
|
|
04/11/23 |
|
|
|
CNY |
|
|
|
9,977 |
|
|
|
USD |
|
|
|
1,454 |
|
|
|
1 |
|
JPMorgan Chase Bank |
|
|
04/04/23 - 06/06/23 |
|
|
|
CNY |
|
|
|
234,307 |
|
|
|
USD |
|
|
|
33,981 |
|
|
|
(166 |
) |
JPMorgan Chase Bank |
|
|
04/04/23 - 04/26/23 |
|
|
|
JPY |
|
|
|
2,440,206 |
|
|
|
USD |
|
|
|
18,508 |
|
|
|
106 |
|
JPMorgan Chase Bank |
|
|
04/04/23 - 06/20/23 |
|
|
|
JPY |
|
|
|
334,700 |
|
|
|
USD |
|
|
|
2,491 |
|
|
|
(47 |
) |
JPMorgan Chase Bank |
|
|
04/12/23 - 05/19/23 |
|
|
|
IDR |
|
|
|
99,268,438 |
|
|
|
USD |
|
|
|
6,463 |
|
|
|
(167 |
) |
JPMorgan Chase Bank |
|
|
04/13/23 |
|
|
|
CNY |
|
|
|
1,855 |
|
|
|
USD |
|
|
|
276 |
|
|
|
5 |
|
JPMorgan Chase Bank |
|
|
04/20/23 |
|
|
|
COP |
|
|
|
4,570,698 |
|
|
|
USD |
|
|
|
962 |
|
|
|
(16 |
) |
JPMorgan Chase Bank |
|
|
04/27/23 |
|
|
|
USD |
|
|
|
1,640 |
|
|
|
PLN |
|
|
|
7,278 |
|
|
|
48 |
|
JPMorgan Chase Bank |
|
|
04/27/23 - 06/20/23 |
|
|
|
PLN |
|
|
|
34,574 |
|
|
|
USD |
|
|
|
7,748 |
|
|
|
(248 |
) |
JPMorgan Chase Bank |
|
|
05/11/23 |
|
|
|
USD |
|
|
|
2,368 |
|
|
|
EUR |
|
|
|
2,220 |
|
|
|
49 |
|
SEI Institutional International Trust
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
JPMorgan Chase Bank |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
232 |
|
|
|
EUR |
|
|
|
213 |
|
|
$ |
— |
|
JPMorgan Chase Bank |
|
|
04/28/23 |
|
|
|
PEN |
|
|
|
3,888 |
|
|
|
USD |
|
|
|
1,024 |
|
|
|
(8 |
) |
JPMorgan Chase Bank |
|
|
05/03/23 |
|
|
|
CAD |
|
|
|
410 |
|
|
|
USD |
|
|
|
303 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
06/12/23 |
|
|
|
CAD |
|
|
|
1,714 |
|
|
|
USD |
|
|
|
1,260 |
|
|
|
(8 |
) |
JPMorgan Chase Bank |
|
|
05/22/23 |
|
|
|
ILS |
|
|
|
8,581 |
|
|
|
USD |
|
|
|
2,450 |
|
|
|
62 |
|
JPMorgan Chase Bank |
|
|
05/22/23 |
|
|
|
THB |
|
|
|
90,159 |
|
|
|
USD |
|
|
|
2,707 |
|
|
|
56 |
|
JPMorgan Chase Bank |
|
|
06/06/23 |
|
|
|
THB |
|
|
|
104,118 |
|
|
|
USD |
|
|
|
3,009 |
|
|
|
(57 |
) |
JPMorgan Chase Bank |
|
|
05/25/23 - 06/13/23 |
|
|
|
MXN |
|
|
|
103,993 |
|
|
|
USD |
|
|
|
5,642 |
|
|
|
(43 |
) |
JPMorgan Chase Bank |
|
|
06/12/23 |
|
|
|
SGD |
|
|
|
14,007 |
|
|
|
USD |
|
|
|
10,433 |
|
|
|
(129 |
) |
JPMorgan Chase Bank |
|
|
06/12/23 |
|
|
|
KRW |
|
|
|
2,795,796 |
|
|
|
USD |
|
|
|
2,137 |
|
|
|
(18 |
) |
Merrill Lynch |
|
|
04/13/23 |
|
|
|
USD |
|
|
|
1,702 |
|
|
|
AUD |
|
|
|
2,568 |
|
|
|
19 |
|
Merrill Lynch |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
858 |
|
|
|
NZD |
|
|
|
1,392 |
|
|
|
13 |
|
Merrill Lynch |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
705 |
|
|
|
CNH |
|
|
|
4,902 |
|
|
|
9 |
|
Merrill Lynch |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
177 |
|
|
|
CNH |
|
|
|
1,212 |
|
|
|
— |
|
Merrill Lynch |
|
|
04/20/23 |
|
|
|
ZAR |
|
|
|
29,722 |
|
|
|
USD |
|
|
|
1,622 |
|
|
|
(51 |
) |
Merrill Lynch |
|
|
04/21/23 |
|
|
|
USD |
|
|
|
823 |
|
|
|
SEK |
|
|
|
8,638 |
|
|
|
11 |
|
Merrill Lynch |
|
|
04/21/23 |
|
|
|
NOK |
|
|
|
8,306 |
|
|
|
USD |
|
|
|
783 |
|
|
|
(11 |
) |
Merrill Lynch |
|
|
04/26/23 |
|
|
|
KRW |
|
|
|
1,587,151 |
|
|
|
USD |
|
|
|
1,267 |
|
|
|
47 |
|
Merrill Lynch |
|
|
04/27/23 |
|
|
|
USD |
|
|
|
1,699 |
|
|
|
PLN |
|
|
|
7,516 |
|
|
|
44 |
|
Merrill Lynch |
|
|
04/27/23 |
|
|
|
PLN |
|
|
|
3,687 |
|
|
|
USD |
|
|
|
832 |
|
|
|
(22 |
) |
Merrill Lynch |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
819 |
|
|
|
SGD |
|
|
|
1,101 |
|
|
|
11 |
|
Merrill Lynch |
|
|
05/17/23 |
|
|
|
USD |
|
|
|
1,672 |
|
|
|
CLP |
|
|
|
1,357,634 |
|
|
|
37 |
|
Merrill Lynch |
|
|
05/17/23 |
|
|
|
CLP |
|
|
|
657,992 |
|
|
|
USD |
|
|
|
819 |
|
|
|
(9 |
) |
Merrill Lynch |
|
|
05/24/23 |
|
|
|
USD |
|
|
|
745 |
|
|
|
GBP |
|
|
|
604 |
|
|
|
2 |
|
Merrill Lynch |
|
|
06/15/23 |
|
|
|
USD |
|
|
|
2,520 |
|
|
|
TWD |
|
|
|
76,234 |
|
|
|
(1 |
) |
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
228 |
|
|
|
GBP |
|
|
|
188 |
|
|
|
5 |
|
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
235 |
|
|
|
AUD |
|
|
|
350 |
|
|
|
(1 |
) |
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
133 |
|
|
|
JPY |
|
|
|
17,866 |
|
|
|
1 |
|
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
469 |
|
|
|
JPY |
|
|
|
61,400 |
|
|
|
(8 |
) |
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
NZD |
|
|
|
604 |
|
|
|
USD |
|
|
|
371 |
|
|
|
(7 |
) |
Midland Walwyn Capital Inc. |
|
|
04/04/23 - 05/03/23 |
|
|
|
MYR |
|
|
|
742 |
|
|
|
USD |
|
|
|
167 |
|
|
|
(1 |
) |
Midland Walwyn Capital Inc. |
|
|
05/03/23 |
|
|
|
ILS |
|
|
|
2,341 |
|
|
|
USD |
|
|
|
653 |
|
|
|
2 |
|
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
ILS |
|
|
|
2,341 |
|
|
|
USD |
|
|
|
644 |
|
|
|
(6 |
) |
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
30,800 |
|
|
|
USD |
|
|
|
233 |
|
|
|
2 |
|
Midland Walwyn Capital Inc. |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
30,800 |
|
|
|
USD |
|
|
|
231 |
|
|
|
— |
|
Midland Walwyn Capital Inc. |
|
|
05/03/23 |
|
|
|
GBP |
|
|
|
187 |
|
|
|
USD |
|
|
|
232 |
|
|
|
— |
|
Midland Walwyn Capital Inc. |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
465 |
|
|
|
EUR |
|
|
|
428 |
|
|
|
1 |
|
Midland Walwyn Capital Inc. |
|
|
05/03/23 |
|
|
|
EUR |
|
|
|
62,794 |
|
|
|
USD |
|
|
|
68,188 |
|
|
|
(135 |
) |
Morgan Stanley |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
8 |
|
|
|
PLN |
|
|
|
35 |
|
|
|
— |
|
Morgan Stanley |
|
|
05/02/23 |
|
|
|
USD |
|
|
|
8 |
|
|
|
PLN |
|
|
|
35 |
|
|
|
— |
|
Morgan Stanley |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
495 |
|
|
|
CHF |
|
|
|
455 |
|
|
|
3 |
|
Morgan Stanley |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
460 |
|
|
|
CHF |
|
|
|
420 |
|
|
|
— |
|
Morgan Stanley |
|
|
04/04/23 - 05/03/23 |
|
|
|
USD |
|
|
|
1,037 |
|
|
|
RON |
|
|
|
4,766 |
|
|
|
9 |
|
Morgan Stanley |
|
|
04/04/23 - 05/03/23 |
|
|
|
USD |
|
|
|
1,609 |
|
|
|
EUR |
|
|
|
1,487 |
|
|
|
8 |
|
Morgan Stanley |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
420 |
|
|
|
USD |
|
|
|
461 |
|
|
|
1 |
|
Morgan Stanley |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
1,260 |
|
|
|
USD |
|
|
|
1,377 |
|
|
|
(3 |
) |
Morgan Stanley |
|
|
04/04/23 - 04/20/23 |
|
|
|
USD |
|
|
|
1,281 |
|
|
|
NZD |
|
|
|
2,065 |
|
|
|
10 |
|
Morgan Stanley |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
470 |
|
|
|
NZD |
|
|
|
750 |
|
|
|
(1 |
) |
Morgan Stanley |
|
|
04/20/23 |
|
|
|
NZD |
|
|
|
1,791 |
|
|
|
USD |
|
|
|
1,157 |
|
|
|
37 |
|
Morgan Stanley |
|
|
04/04/23 |
|
|
|
NZD |
|
|
|
745 |
|
|
|
USD |
|
|
|
460 |
|
|
|
(6 |
) |
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Continued)
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
Morgan Stanley |
|
|
04/04/23 - 05/03/23 |
|
|
|
SGD |
|
|
|
6,596 |
|
|
|
USD |
|
|
|
4,941 |
|
|
$ |
(23 |
) |
Morgan Stanley |
|
|
04/04/23 |
|
|
|
BRL |
|
|
|
8,500 |
|
|
|
USD |
|
|
|
1,646 |
|
|
|
(31 |
) |
Morgan Stanley |
|
|
05/02/23 |
|
|
|
PLN |
|
|
|
2,631 |
|
|
|
USD |
|
|
|
610 |
|
|
|
— |
|
Morgan Stanley |
|
|
04/04/23 - 04/27/23 |
|
|
|
PLN |
|
|
|
6,293 |
|
|
|
USD |
|
|
|
1,430 |
|
|
|
(29 |
) |
Morgan Stanley |
|
|
04/04/23 - 05/24/23 |
|
|
|
GBP |
|
|
|
9,807 |
|
|
|
USD |
|
|
|
12,011 |
|
|
|
(124 |
) |
Morgan Stanley |
|
|
04/04/23 - 05/11/23 |
|
|
|
EUR |
|
|
|
25,013 |
|
|
|
USD |
|
|
|
26,738 |
|
|
|
(477 |
) |
Morgan Stanley |
|
|
04/04/23 - 05/03/23 |
|
|
|
HUF |
|
|
|
829,330 |
|
|
|
USD |
|
|
|
2,339 |
|
|
|
(16 |
) |
Morgan Stanley |
|
|
04/04/23 - 06/26/23 |
|
|
|
JPY |
|
|
|
6,735,451 |
|
|
|
USD |
|
|
|
50,944 |
|
|
|
82 |
|
Morgan Stanley |
|
|
04/04/23 |
|
|
|
JPY |
|
|
|
61,000 |
|
|
|
USD |
|
|
|
454 |
|
|
|
(4 |
) |
Morgan Stanley |
|
|
04/13/23 |
|
|
|
USD |
|
|
|
290 |
|
|
|
CNY |
|
|
|
1,855 |
|
|
|
(19 |
) |
Morgan Stanley |
|
|
04/13/23 |
|
|
|
AUD |
|
|
|
7,671 |
|
|
|
USD |
|
|
|
5,366 |
|
|
|
227 |
|
Morgan Stanley |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
808 |
|
|
|
ZAR |
|
|
|
14,489 |
|
|
|
8 |
|
Morgan Stanley |
|
|
04/20/23 |
|
|
|
CNH |
|
|
|
70,561 |
|
|
|
USD |
|
|
|
10,217 |
|
|
|
(72 |
) |
Morgan Stanley |
|
|
04/21/23 |
|
|
|
USD |
|
|
|
831 |
|
|
|
SEK |
|
|
|
8,693 |
|
|
|
8 |
|
Morgan Stanley |
|
|
04/21/23 |
|
|
|
SEK |
|
|
|
8,506 |
|
|
|
USD |
|
|
|
818 |
|
|
|
(3 |
) |
Morgan Stanley |
|
|
04/26/23 |
|
|
|
USD |
|
|
|
1,710 |
|
|
|
KRW |
|
|
|
2,084,918 |
|
|
|
(108 |
) |
Morgan Stanley |
|
|
04/26/23 |
|
|
|
KRW |
|
|
|
1,086,265 |
|
|
|
USD |
|
|
|
836 |
|
|
|
2 |
|
Morgan Stanley |
|
|
05/02/23 |
|
|
|
USD |
|
|
|
2,783 |
|
|
|
JPY |
|
|
|
368,166 |
|
|
|
(4 |
) |
Morgan Stanley |
|
|
05/03/23 |
|
|
|
HKD |
|
|
|
465 |
|
|
|
USD |
|
|
|
59 |
|
|
|
— |
|
Morgan Stanley |
|
|
05/03/23 |
|
|
|
CAD |
|
|
|
11,576 |
|
|
|
USD |
|
|
|
8,539 |
|
|
|
(20 |
) |
Morgan Stanley |
|
|
05/03/23 |
|
|
|
ZAR |
|
|
|
19,200 |
|
|
|
USD |
|
|
|
1,054 |
|
|
|
(26 |
) |
RBC |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
261 |
|
|
|
EUR |
|
|
|
242 |
|
|
|
2 |
|
RBC |
|
|
04/04/23 |
|
|
|
CNY |
|
|
|
787 |
|
|
|
USD |
|
|
|
114 |
|
|
|
(1 |
) |
RBS |
|
|
04/28/23 |
|
|
|
JPY |
|
|
|
432,146 |
|
|
|
USD |
|
|
|
3,296 |
|
|
|
35 |
|
RBS |
|
|
05/15/23 |
|
|
|
SGD |
|
|
|
1,117 |
|
|
|
USD |
|
|
|
831 |
|
|
|
(11 |
) |
SCB Securities |
|
|
04/04/23 - 05/03/23 |
|
|
|
USD |
|
|
|
53 |
|
|
|
MYR |
|
|
|
236 |
|
|
|
— |
|
SCB Securities |
|
|
04/04/23 |
|
|
|
HKD |
|
|
|
465 |
|
|
|
USD |
|
|
|
59 |
|
|
|
— |
|
SCB Securities |
|
|
04/28/23 |
|
|
|
EUR |
|
|
|
214 |
|
|
|
USD |
|
|
|
232 |
|
|
|
(1 |
) |
Societe Generale |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
114 |
|
|
|
CNY |
|
|
|
783 |
|
|
|
— |
|
Standard Chartered |
|
|
04/26/23 |
|
|
|
USD |
|
|
|
1,660 |
|
|
|
KRW |
|
|
|
2,161,169 |
|
|
|
1 |
|
Standard Chartered |
|
|
04/26/23 |
|
|
|
USD |
|
|
|
1,687 |
|
|
|
KRW |
|
|
|
2,158,691 |
|
|
|
(28 |
) |
Standard Chartered |
|
|
04/26/23 |
|
|
|
KRW |
|
|
|
2,130,442 |
|
|
|
USD |
|
|
|
1,670 |
|
|
|
32 |
|
Standard Chartered |
|
|
06/15/23 |
|
|
|
USD |
|
|
|
824 |
|
|
|
TWD |
|
|
|
24,756 |
|
|
|
(6 |
) |
Standard Chartered |
|
|
06/22/23 |
|
|
|
USD |
|
|
|
823 |
|
|
|
INR |
|
|
|
67,854 |
|
|
|
(1 |
) |
State Street |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
34 |
|
|
|
NZD |
|
|
|
55 |
|
|
|
— |
|
State Street |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
34 |
|
|
|
GBP |
|
|
|
28 |
|
|
|
1 |
|
State Street |
|
|
04/04/23 |
|
|
|
EUR |
|
|
|
83 |
|
|
|
USD |
|
|
|
88 |
|
|
|
(2 |
) |
State Street |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
87 |
|
|
|
AUD |
|
|
|
130 |
|
|
|
— |
|
State Street |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
87 |
|
|
|
JPY |
|
|
|
11,600 |
|
|
|
— |
|
State Street |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
168 |
|
|
|
MXN |
|
|
|
3,160 |
|
|
|
7 |
|
State Street |
|
|
04/04/23 |
|
|
|
GBP |
|
|
|
178 |
|
|
|
USD |
|
|
|
215 |
|
|
|
(5 |
) |
State Street |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
287 |
|
|
|
EUR |
|
|
|
269 |
|
|
|
5 |
|
State Street |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
915 |
|
|
|
USD |
|
|
|
974 |
|
|
|
(28 |
) |
TD Securities |
|
|
04/04/23 |
|
|
|
NZD |
|
|
|
5,569 |
|
|
|
USD |
|
|
|
3,485 |
|
|
|
1 |
|
TD Securities |
|
|
04/04/23 - 05/03/23 |
|
|
|
CZK |
|
|
|
40,698 |
|
|
|
USD |
|
|
|
1,865 |
|
|
|
(18 |
) |
TD Securities |
|
|
04/04/23 |
|
|
|
EUR |
|
|
|
63,664 |
|
|
|
USD |
|
|
|
67,991 |
|
|
|
(1,176 |
) |
TD Securities |
|
|
05/02/23 |
|
|
|
JPY |
|
|
|
85,778 |
|
|
|
USD |
|
|
|
646 |
|
|
|
(1 |
) |
TD Securities |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
124 |
|
|
|
GBP |
|
|
|
100 |
|
|
|
(1 |
) |
TD Securities |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
540 |
|
|
|
AUD |
|
|
|
806 |
|
|
|
— |
|
TD Securities |
|
|
05/03/23 |
|
|
|
AUD |
|
|
|
5,764 |
|
|
|
USD |
|
|
|
3,864 |
|
|
|
1 |
|
SEI Institutional International Trust
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
TD Securities |
|
|
05/03/23 |
|
|
|
GBP |
|
|
|
10,295 |
|
|
|
USD |
|
|
|
12,716 |
|
|
$ |
(18 |
) |
UBS |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
226 |
|
|
|
NZD |
|
|
|
365 |
|
|
|
2 |
|
UBS |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
231 |
|
|
|
AUD |
|
|
|
345 |
|
|
|
— |
|
UBS |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
342 |
|
|
|
JPY |
|
|
|
46,600 |
|
|
|
8 |
|
UBS |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
446 |
|
|
|
CAD |
|
|
|
606 |
|
|
|
2 |
|
UBS |
|
|
04/04/23 |
|
|
|
CNY |
|
|
|
793 |
|
|
|
USD |
|
|
|
115 |
|
|
|
(1 |
) |
UBS |
|
|
04/04/23 |
|
|
|
AUD |
|
|
|
680 |
|
|
|
USD |
|
|
|
459 |
|
|
|
3 |
|
UBS |
|
|
04/04/23 |
|
|
|
AUD |
|
|
|
690 |
|
|
|
USD |
|
|
|
458 |
|
|
|
(4 |
) |
UBS |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
2,536 |
|
|
|
CHF |
|
|
|
2,350 |
|
|
|
36 |
|
UBS |
|
|
04/04/23 |
|
|
|
CHF |
|
|
|
2,805 |
|
|
|
USD |
|
|
|
3,006 |
|
|
|
(65 |
) |
UBS |
|
|
04/04/23 - 05/03/23 |
|
|
|
NZD |
|
|
|
6,938 |
|
|
|
USD |
|
|
|
4,325 |
|
|
|
(14 |
) |
UBS |
|
|
04/04/23 - 05/03/23 |
|
|
|
NOK |
|
|
|
8,904 |
|
|
|
USD |
|
|
|
859 |
|
|
|
9 |
|
UBS |
|
|
04/04/23 |
|
|
|
CAD |
|
|
|
11,877 |
|
|
|
USD |
|
|
|
8,741 |
|
|
|
(35 |
) |
UBS |
|
|
04/04/23 - 05/03/23 |
|
|
|
MXN |
|
|
|
92,210 |
|
|
|
USD |
|
|
|
5,033 |
|
|
|
(60 |
) |
UBS |
|
|
04/21/23 |
|
|
|
USD |
|
|
|
847 |
|
|
|
NOK |
|
|
|
8,723 |
|
|
|
(13 |
) |
UBS |
|
|
04/21/23 |
|
|
|
NOK |
|
|
|
16,732 |
|
|
|
USD |
|
|
|
1,613 |
|
|
|
14 |
|
UBS |
|
|
05/02/23 |
|
|
|
JPY |
|
|
|
100,268 |
|
|
|
USD |
|
|
|
770 |
|
|
|
13 |
|
UBS |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
431 |
|
|
|
NOK |
|
|
|
4,490 |
|
|
|
(1 |
) |
UBS |
|
|
05/25/23 |
|
|
|
USD |
|
|
|
2,017 |
|
|
|
MXN |
|
|
|
37,250 |
|
|
|
26 |
|
UBS |
|
|
05/25/23 |
|
|
|
MXN |
|
|
|
14,920 |
|
|
|
USD |
|
|
|
819 |
|
|
|
— |
|
UBS |
|
|
05/25/23 |
|
|
|
MXN |
|
|
|
22,181 |
|
|
|
USD |
|
|
|
1,181 |
|
|
|
(35 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(4,707 |
) |
A list of the open OTC swap agreements held by the Fund at March 31, 2023, is as follows:
Interest Rate Swaps |
Counterparty |
|
Fund Pays |
|
|
Fund Receives |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Currency |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
Deutsche Bank |
|
China 7-Day Reverse Repo Rate |
|
|
|
2.985% |
|
|
|
Quarterly |
|
|
|
06/03/2024 |
|
|
|
CNY |
|
|
|
23,220 |
|
|
$ |
34 |
|
|
$ |
– |
|
|
$ |
34 |
|
Deutsche Bank |
|
China 7-Day Reverse Repo Rate |
|
|
|
2.755% |
|
|
|
Quarterly |
|
|
|
09/09/2024 |
|
|
|
CNY |
|
|
|
31,000 |
|
|
|
36 |
|
|
|
– |
|
|
|
36 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
70 |
|
|
$ |
– |
|
|
$ |
70 |
|
A list of the open centrally cleared swap agreements held by the Fund at March 31, 2023, is as follows:
Credit Default Swap |
Reference Entity/ Obligation |
|
Buy/Sell Protection |
|
|
(Pays)/Receives Rate |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments/ Receipts
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
CDX-NAIGS40V1-5Y |
|
|
Sell |
|
|
|
1.00% |
|
|
|
Quarterly |
|
|
|
06/20/2028 |
|
|
$ |
2,370 |
|
|
$ |
27 |
|
|
$ |
12 |
|
|
$ |
15 |
|
Interest Rate Swaps |
Fund Pays |
|
Fund Receives |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Currency |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments/ Receipts
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
China 7-Day Reverse Repo Rate |
|
|
2.8000% |
|
|
|
Quarterly |
|
|
|
04/02/2026 |
|
|
|
CNY |
|
|
|
12,090 |
|
|
$ |
8 |
|
|
$ |
– |
|
|
$ |
8 |
|
1.395% |
|
Daily GBP Overnight Index Ave (SONIA) Rate |
|
|
|
Annually |
|
|
|
10/03/2047 |
|
|
|
GBP |
|
|
|
230 |
|
|
|
90 |
|
|
|
(46 |
) |
|
|
136 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
International Fixed Income Fund (Concluded)
Fund Pays |
|
Fund Receives |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Currency |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments/ Receipts
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
3-MONTH NZD RATE |
|
|
2.58% |
|
|
|
Quarterly |
|
|
|
11/01/2024 |
|
|
|
NZD |
|
|
|
980 |
|
|
$ |
(24 |
) |
|
$ |
– |
|
|
$ |
(24 |
) |
3-MONTH NZD RATE |
|
|
2.0525% |
|
|
|
Quarterly |
|
|
|
11/02/2024 |
|
|
|
NZD |
|
|
|
2,620 |
|
|
|
(66 |
) |
|
|
– |
|
|
|
(66 |
) |
2.0099% |
|
Daily GBP Overnight Index Ave (SONIA) Rate |
|
|
|
Annually |
|
|
|
03/31/2024 |
|
|
|
GBP |
|
|
|
1,400 |
|
|
|
42 |
|
|
|
– |
|
|
|
42 |
|
1.897% |
|
Daily GBP Overnight Index Ave (SONIA) Rate |
|
|
|
Annually |
|
|
|
03/31/2027 |
|
|
|
GBP |
|
|
|
1,150 |
|
|
|
104 |
|
|
|
– |
|
|
|
104 |
|
2.0339% |
|
Daily GBP Overnight Index Ave (SONIA) Rate |
|
|
|
Annually |
|
|
|
05/10/2027 |
|
|
|
GBP |
|
|
|
1,082 |
|
|
|
93 |
|
|
|
– |
|
|
|
93 |
|
2.0055% |
|
|
FLOATING |
|
|
|
Annually |
|
|
|
05/11/2027 |
|
|
|
GBP |
|
|
|
828 |
|
|
|
72 |
|
|
|
– |
|
|
|
72 |
|
6-MONTH EURIBOR |
|
|
1.5455% |
|
|
|
Semi-Annually |
|
|
|
08/18/2027 |
|
|
|
EUR |
|
|
|
7,610 |
|
|
|
(501 |
) |
|
|
– |
|
|
|
(501 |
) |
6-MONTH EURIBOR |
|
|
1.7940% |
|
|
|
Semi-Annually |
|
|
|
08/18/2032 |
|
|
|
EUR |
|
|
|
3,720 |
|
|
|
(367 |
) |
|
|
– |
|
|
|
(367 |
) |
Daily GBP Overnight Index Ave (SONIA) Rate |
|
|
2.9865% |
|
|
|
Annually |
|
|
|
09/15/2052 |
|
|
|
GBP |
|
|
|
422 |
|
|
|
(22 |
) |
|
|
– |
|
|
|
(22 |
) |
Daily GBP Overnight Index Ave (SONIA) Rate |
|
|
3.9539% |
|
|
|
Annually |
|
|
|
10/25/2032 |
|
|
|
GBP |
|
|
|
4,780 |
|
|
|
(238 |
) |
|
|
– |
|
|
|
(238 |
) |
2.3493% |
|
China 7-Day Reverse Repo Rate |
|
|
|
Quarterly |
|
|
|
08/05/2027 |
|
|
|
CNY |
|
|
|
48,010 |
|
|
|
101 |
|
|
|
– |
|
|
|
101 |
|
2.4003% |
|
China 7-Day Reverse Repo Rate |
|
|
|
Quarterly |
|
|
|
08/11/2027 |
|
|
|
CNY |
|
|
|
7,840 |
|
|
|
15 |
|
|
|
– |
|
|
|
15 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(693 |
) |
|
$ |
(46 |
) |
|
$ |
(647 |
) |
|
Percentages are based on Net Assets of $463,712 ($ Thousands). |
(A) |
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On March 31, 2023, the value of these securities amounted to $58,974 ($ Thousands), representing 12.7% of the Net Assets of the Fund. |
(B) |
No interest rate available. |
(C) |
Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
(D) |
Perpetual security with no stated maturity date. |
(E) |
Zero coupon security. |
(F) |
Interest rate represents the security's effective yield at the time of purchase. |
The following is a summary of the level of inputs used as of March 31, 2023, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
Investments in Securities |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($) |
|
|
Total
($) |
|
Global Bonds |
|
|
– |
|
|
|
425,942 |
|
|
|
– |
|
|
|
425,942 |
|
U.S. Treasury Obligations |
|
|
76 |
|
|
|
23,663 |
|
|
|
– |
|
|
|
23,739 |
|
Commercial Paper |
|
|
– |
|
|
|
4,186 |
|
|
|
– |
|
|
|
4,186 |
|
Asset-Backed Securities |
|
|
– |
|
|
|
1,315 |
|
|
|
– |
|
|
|
1,315 |
|
Mortgage-Backed Securities |
|
|
– |
|
|
|
66 |
|
|
|
– |
|
|
|
66 |
|
Total Investments in Securities |
|
|
76 |
|
|
|
455,172 |
|
|
|
– |
|
|
|
455,248 |
|
Other Financial Instruments |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($) |
|
|
Total
($) |
|
Futures Contracts* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
1,059 |
|
|
|
– |
|
|
|
– |
|
|
|
1,059 |
|
Unrealized Depreciation |
|
|
(635 |
) |
|
|
– |
|
|
|
– |
|
|
|
(635 |
) |
Forward Contracts* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
2,085 |
|
|
|
– |
|
|
|
2,085 |
|
Unrealized Depreciation |
|
|
– |
|
|
|
(6,792 |
) |
|
|
– |
|
|
|
(6,792 |
) |
OTC Swaps |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Rate Swaps* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
70 |
|
|
|
– |
|
|
|
70 |
|
Centrally Cleared Swaps |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit Default Swaps* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
15 |
|
|
|
– |
|
|
|
15 |
|
Interest Rate Swaps* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
571 |
|
|
|
– |
|
|
|
571 |
|
Unrealized Depreciation |
|
|
– |
|
|
|
(1,218 |
) |
|
|
– |
|
|
|
(1,218 |
) |
Total Other Financial Instruments |
|
|
424 |
|
|
|
(5,269 |
) |
|
|
– |
|
|
|
(4,845 |
) |
|
*
|
Futures contracts, forwards contracts and swap contracts are valued at the unrealized appreciation (depreciation) on the instruments.
|
For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.
Amounts designated as “—” are $0 or have been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund
†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS — 95.1% |
Angola — 1.4% |
|
|
|
|
Angolan Government International Bond |
|
|
|
|
|
|
|
|
9.500%, 11/12/2025 |
|
$ |
325 |
|
|
$ |
322 |
|
9.500%, 11/12/2025 (A) |
|
|
112 |
|
|
|
111 |
|
9.375%, 05/08/2048 |
|
|
3,260 |
|
|
|
2,546 |
|
8.750%, 04/14/2032 |
|
|
2,454 |
|
|
|
2,071 |
|
8.750%, 04/14/2032 (A) |
|
|
2,444 |
|
|
|
2,062 |
|
8.250%, 05/09/2028 (A) |
|
|
1,864 |
|
|
|
1,646 |
|
8.250%, 05/09/2028 |
|
|
735 |
|
|
|
649 |
|
Angolan Government International Bond MTN |
|
|
|
|
|
|
|
|
9.125%, 11/26/2049 (A) |
|
|
792 |
|
|
|
612 |
|
9.125%, 11/26/2049 |
|
|
409 |
|
|
|
316 |
|
8.000%, 11/26/2029 |
|
|
1,480 |
|
|
|
1,267 |
|
8.000%, 11/26/2029 (A) |
|
|
731 |
|
|
|
625 |
|
Republic of Angola Via Avenir II BV MTN |
|
|
|
|
|
|
|
|
12.638%, ICE LIBOR USD 6 Month + 7.500%, 07/03/2023 (B) |
|
|
2,476 |
|
|
|
2,483 |
|
Republic of Angola Via Avenir Issuer II Ireland DAC |
|
|
|
|
|
|
|
|
6.927%, 02/19/2027 |
|
|
3,189 |
|
|
|
2,933 |
|
| |
|
|
|
|
|
|
17,643 |
|
| |
|
|
|
|
|
|
|
|
Argentina — 0.9% |
|
|
|
|
Argentine Republic Government International Bond |
|
|
|
|
|
|
|
|
3.500%, 07/09/2041 (C) |
|
|
8,145 |
|
|
|
2,299 |
|
1.500%, 07/09/2035 (C) |
|
|
23,608 |
|
|
|
6,136 |
|
1.000%, 07/09/2029 |
|
|
450 |
|
|
|
126 |
|
0.500%, 07/09/2029 |
|
EUR |
13 |
|
|
|
3 |
|
0.500%, 07/09/2030 (C) |
|
$ |
1,265 |
|
|
|
367 |
|
0.125%, 07/09/2030 |
|
EUR |
403 |
|
|
|
103 |
|
MSU Energy |
|
|
|
|
|
|
|
|
6.875%, 02/01/2025 (A) |
|
$ |
285 |
|
|
|
215 |
|
Provincia de Buenos Aires MTN |
|
|
|
|
|
|
|
|
5.250%, 09/01/2037 (C) |
|
|
2,799 |
|
|
|
981 |
|
3.000%, 09/01/2037 (C) |
|
EUR |
666 |
|
|
|
174 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Provincia de Cordoba |
|
|
|
|
|
|
|
|
6.875%, 12/10/2025 (A)(C) |
|
$ |
540 |
|
|
$ |
459 |
|
| |
|
|
|
|
|
|
10,863 |
|
| |
|
|
|
|
|
|
|
|
Armenia — 0.1% |
|
|
|
|
Republic of Armenia International Bond |
|
|
|
|
|
|
|
|
3.950%, 09/26/2029 |
|
|
200 |
|
|
|
163 |
|
3.600%, 02/02/2031 |
|
|
1,065 |
|
|
|
820 |
|
| |
|
|
|
|
|
|
983 |
|
| |
|
|
|
|
|
|
|
|
Australia — 0.0% |
|
|
|
|
AngloGold Ashanti Holdings |
|
|
|
|
|
|
|
|
3.750%, 10/01/2030 |
|
|
229 |
|
|
|
200 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Azerbaijan — 1.0% |
|
|
|
|
Republic of Azerbaijan International Bond |
|
|
|
|
|
|
|
|
5.125%, 09/01/2029 |
|
|
1,895 |
|
|
|
1,810 |
|
3.500%, 09/01/2032 |
|
|
1,324 |
|
|
|
1,127 |
|
Southern Gas Corridor CJSC |
|
|
|
|
|
|
|
|
6.875%, 03/24/2026 (A) |
|
|
1,132 |
|
|
|
1,152 |
|
6.875%, 03/24/2026 |
|
|
5,285 |
|
|
|
5,379 |
|
State Oil of the Azerbaijan Republic |
|
|
|
|
|
|
|
|
6.950%, 03/18/2030 |
|
|
2,380 |
|
|
|
2,446 |
|
6.950%, 03/18/2030 |
|
|
430 |
|
|
|
442 |
|
| |
|
|
|
|
|
|
12,356 |
|
| |
|
|
|
|
|
|
|
|
Bahamas — 0.1% |
|
|
|
|
Bahamas Government International Bond |
|
|
|
|
|
|
|
|
6.000%, 11/21/2028 |
|
|
950 |
|
|
|
716 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Bahrain — 0.5% |
|
|
|
|
Bahrain Government International Bond |
|
|
|
|
|
|
|
|
5.450%, 09/16/2032 |
|
|
3,550 |
|
|
|
3,164 |
|
Bahrain Government International Bond MTN |
|
|
|
|
|
|
|
|
4.250%, 01/25/2028 |
|
|
797 |
|
|
|
734 |
|
CBB International Sukuk Programme WLL |
|
|
|
|
|
|
|
|
3.875%, 05/18/2029 (A) |
|
|
1,094 |
|
|
|
986 |
|
Oil and Gas Holding BSCC |
|
|
|
|
|
|
|
|
8.375%, 11/07/2028 (A) |
|
|
560 |
|
|
|
588 |
|
8.375%, 11/07/2028 |
|
|
450 |
|
|
|
473 |
|
7.625%, 11/07/2024 (A) |
|
|
220 |
|
|
|
223 |
|
| |
|
|
|
|
|
|
6,168 |
|
| |
|
|
|
|
|
|
|
|
Benin — 0.1% |
|
|
|
|
Benin Government International Bond |
|
|
|
|
|
|
|
|
6.875%, 01/19/2052 |
|
EUR |
158 |
|
|
|
118 |
|
4.950%, 01/22/2035 |
|
|
819 |
|
|
|
609 |
|
4.875%, 01/19/2032 |
|
|
882 |
|
|
|
720 |
|
| |
|
|
|
|
|
|
1,447 |
|
| |
|
|
|
|
|
|
|
|
Bermuda — 0.3% |
|
|
|
|
Bermuda Government International Bond |
|
|
|
|
|
|
|
|
5.000%, 07/15/2032 |
|
$ |
409 |
|
|
|
410 |
|
4.750%, 02/15/2029 (A) |
|
|
1,244 |
|
|
|
1,235 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
4.750%, 02/15/2029 |
|
$ |
1,754 |
|
|
$ |
1,742 |
|
3.717%, 01/25/2027 |
|
|
431 |
|
|
|
414 |
|
2.375%, 08/20/2030 |
|
|
221 |
|
|
|
188 |
|
| |
|
|
|
|
|
|
3,989 |
|
| |
|
|
|
|
|
|
|
|
Brazil — 8.1% |
|
|
|
|
Braskem Netherlands Finance BV |
|
|
|
|
|
|
|
|
7.250%, 02/13/2033 (A) |
|
|
1,289 |
|
|
|
1,238 |
|
Brazil Letras do Tesouro Nacional |
|
|
|
|
|
|
|
|
0.000%, 07/01/2023 (D) |
|
BRL |
70,349 |
|
|
|
13,449 |
|
0.000%, 01/01/2024 (D) |
|
|
68,366 |
|
|
|
12,288 |
|
0.000%, 01/01/2025 (D) |
|
|
34,000 |
|
|
|
5,487 |
|
Brazil Loan Trust 1 |
|
|
|
|
|
|
|
|
5.477%, 07/24/2023 (A) |
|
$ |
57 |
|
|
|
56 |
|
Brazil Minas SPE via State of Minas Gerais |
|
|
|
|
|
|
|
|
5.333%, 02/15/2028 |
|
|
788 |
|
|
|
776 |
|
5.333%, 02/15/2028 |
|
|
616 |
|
|
|
606 |
|
5.333%, 02/15/2028 (A) |
|
|
134 |
|
|
|
132 |
|
Brazil Notas do Tesouro Nacional Serie F |
|
|
|
|
|
|
|
|
10.000%, 01/01/2033 |
|
BRL |
17,856 |
|
|
|
3,087 |
|
Brazil Notas do Tesouro Nacional, Serie B |
|
|
|
|
|
|
|
|
6.000%, 05/15/2035 |
|
|
268 |
|
|
|
214 |
|
6.000%, 05/15/2045 |
|
|
119 |
|
|
|
93 |
|
6.000%, 08/15/2050 |
|
|
519 |
|
|
|
404 |
|
Brazil Notas do Tesouro Nacional, Serie F |
|
|
|
|
|
|
|
|
10.000%, 01/01/2025 |
|
|
93,531 |
|
|
|
17,893 |
|
10.000%, 01/01/2027 |
|
|
67,063 |
|
|
|
12,424 |
|
10.000%, 01/01/2029 |
|
|
67,891 |
|
|
|
12,080 |
|
10.000%, 01/01/2031 |
|
|
25,306 |
|
|
|
4,372 |
|
Brazilian Government International Bond |
|
|
|
|
|
|
|
|
5.625%, 01/07/2041 |
|
$ |
757 |
|
|
|
669 |
|
5.625%, 02/21/2047 |
|
|
1,589 |
|
|
|
1,335 |
|
5.000%, 01/27/2045 |
|
|
1,719 |
|
|
|
1,349 |
|
4.750%, 01/14/2050 |
|
|
6,784 |
|
|
|
5,005 |
|
3.875%, 06/12/2030 |
|
|
799 |
|
|
|
715 |
|
2.875%, 06/06/2025 |
|
|
1,625 |
|
|
|
1,556 |
|
Centrais Eletricas Brasileiras |
|
|
|
|
|
|
|
|
4.625%, 02/04/2030 (A) |
|
|
226 |
|
|
|
189 |
|
CSN Inova Ventures |
|
|
|
|
|
|
|
|
6.750%, 01/28/2028 (A) |
|
|
592 |
|
|
|
556 |
|
CSN Resources |
|
|
|
|
|
|
|
|
4.625%, 06/10/2031 (A) |
|
|
625 |
|
|
|
481 |
|
Iochpe-Maxion Austria GmbH |
|
|
|
|
|
|
|
|
5.000%, 05/07/2028 (A) |
|
|
620 |
|
|
|
532 |
|
MC Brazil Downstream Trading SARL |
|
|
|
|
|
|
|
|
7.250%, 06/30/2031 (A) |
|
|
1,225 |
|
|
|
963 |
|
7.250%, 06/30/2031 |
|
|
350 |
|
|
|
275 |
|
Minerva Luxembourg |
|
|
|
|
|
|
|
|
4.375%, 03/18/2031 (A) |
|
|
297 |
|
|
|
244 |
|
MV24 Capital BV |
|
|
|
|
|
|
|
|
6.748%, 06/01/2034 (A) |
|
|
355 |
|
|
|
327 |
|
Nexa Resources |
|
|
|
|
|
|
|
|
5.375%, 05/04/2027 (A) |
|
|
2,591 |
|
|
|
2,446 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Suzano Austria GmbH (A) |
|
|
|
|
|
|
|
|
7.000%, 03/16/2047 |
|
$ |
399 |
|
|
$ |
412 |
|
6.000%, 01/15/2029 |
|
|
288 |
|
|
|
290 |
|
5.000%, 01/15/2030 |
|
|
494 |
|
|
|
471 |
|
| |
|
|
|
|
|
|
102,414 |
|
| |
|
|
|
|
|
|
|
|
Cameroon — 0.0% |
|
|
|
|
Republic of Cameroon International Bond |
|
|
|
|
|
|
|
|
5.950%, 07/07/2032 |
|
EUR |
543 |
|
|
|
421 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Cayman Islands — 0.1% |
|
|
|
|
Neon Capital MTN |
|
|
|
|
|
|
|
|
2.015%, 01/06/2028 (B) |
|
JPY |
245,168 |
|
|
|
1,644 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Chile — 2.4% |
|
|
|
|
Alfa Desarrollo SpA |
|
|
|
|
|
|
|
|
4.550%, 09/27/2051 (A) |
|
$ |
226 |
|
|
|
166 |
|
ATP Tower Holdings LLC |
|
|
|
|
|
|
|
|
4.050%, 04/27/2026 (A) |
|
|
255 |
|
|
|
219 |
|
Banco de Credito e Inversiones |
|
|
|
|
|
|
|
|
3.500%, 10/12/2027 (A) |
|
|
1,046 |
|
|
|
953 |
|
Bonos de la Tesoreria de la Republica |
|
|
|
|
|
|
|
|
1.900%, 09/01/2030 |
|
CLP |
634,686 |
|
|
|
815 |
|
Bonos de la Tesoreria de la Republica en pesos |
|
|
|
|
|
|
|
|
7.000%, 05/01/2034 (A) |
|
|
2,910,000 |
|
|
|
4,266 |
|
6.000%, 01/01/2043 |
|
|
375,000 |
|
|
|
526 |
|
5.000%, 10/01/2028 (A) |
|
|
1,115,000 |
|
|
|
1,417 |
|
5.000%, 03/01/2035 |
|
|
465,000 |
|
|
|
583 |
|
4.700%, 09/01/2030 (A) |
|
|
2,155,000 |
|
|
|
2,643 |
|
4.500%, 03/01/2026 |
|
|
2,160,000 |
|
|
|
2,623 |
|
2.800%, 10/01/2033 (A) |
|
|
640,000 |
|
|
|
675 |
|
Cencosud |
|
|
|
|
|
|
|
|
4.375%, 07/17/2027 (A) |
|
$ |
1,819 |
|
|
|
1,710 |
|
Chile Government International Bond |
|
|
|
|
|
|
|
|
3.500%, 01/31/2034 |
|
|
228 |
|
|
|
203 |
|
3.250%, 09/21/2071 |
|
|
379 |
|
|
|
245 |
|
3.100%, 05/07/2041 (E) |
|
|
1,575 |
|
|
|
1,180 |
|
3.100%, 01/22/2061 (E) |
|
|
308 |
|
|
|
200 |
|
2.750%, 01/31/2027 |
|
|
1,103 |
|
|
|
1,039 |
|
2.550%, 01/27/2032 |
|
|
893 |
|
|
|
762 |
|
2.550%, 07/27/2033 |
|
|
5,934 |
|
|
|
4,876 |
|
2.450%, 01/31/2031 (E) |
|
|
327 |
|
|
|
282 |
|
1.875%, 05/27/2030 |
|
EUR |
230 |
|
|
|
217 |
|
Empresa de los Ferrocarriles del Estado |
|
|
|
|
|
|
|
|
3.830%, 09/14/2061 |
|
$ |
350 |
|
|
|
239 |
|
3.068%, 08/18/2050 |
|
|
250 |
|
|
|
156 |
|
Empresa Nacional del Petroleo |
|
|
|
|
|
|
|
|
5.250%, 11/06/2029 |
|
|
749 |
|
|
|
714 |
|
4.500%, 09/14/2047 |
|
|
200 |
|
|
|
153 |
|
3.450%, 09/16/2031 (A) |
|
|
331 |
|
|
|
273 |
|
Nacional del Cobre de Chile |
|
|
|
|
|
|
|
|
5.125%, 02/02/2033 (A) |
|
|
2,461 |
|
|
|
2,480 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
3.750%, 01/15/2031 (A) |
|
$ |
234 |
|
|
$ |
215 |
|
3.700%, 01/30/2050 (A)(E) |
|
|
452 |
|
|
|
341 |
|
3.150%, 01/14/2030 |
|
|
300 |
|
|
|
269 |
|
3.000%, 09/30/2029 (E) |
|
|
224 |
|
|
|
200 |
|
| |
|
|
|
|
|
|
30,640 |
|
| |
|
|
|
|
|
|
|
|
China — 1.8% |
|
|
|
|
Blossom Joy |
|
|
|
|
|
|
|
|
3.100% (B)(F) |
|
|
202 |
|
|
|
190 |
|
China Government Bond |
|
|
|
|
|
|
|
|
3.810%, 09/14/2050 |
|
CNY |
5,900 |
|
|
|
945 |
|
3.720%, 04/12/2051 |
|
|
3,000 |
|
|
|
472 |
|
3.530%, 10/18/2051 |
|
|
7,510 |
|
|
|
1,147 |
|
3.280%, 12/03/2027 |
|
|
23,300 |
|
|
|
3,491 |
|
3.270%, 11/19/2030 |
|
|
3,100 |
|
|
|
467 |
|
3.120%, 10/25/2052 |
|
|
800 |
|
|
|
114 |
|
3.020%, 10/22/2025 |
|
|
24,700 |
|
|
|
3,645 |
|
3.020%, 05/27/2031 |
|
|
1,500 |
|
|
|
221 |
|
2.800%, 03/24/2029 |
|
|
3,500 |
|
|
|
509 |
|
2.790%, 12/15/2029 |
|
|
2,200 |
|
|
|
319 |
|
2.750%, 06/15/2029 |
|
|
3,000 |
|
|
|
435 |
|
2.750%, 02/17/2032 |
|
|
3,000 |
|
|
|
432 |
|
2.690%, 08/12/2026 |
|
|
4,000 |
|
|
|
584 |
|
2.620%, 09/25/2029 |
|
|
3,000 |
|
|
|
431 |
|
2.600%, 09/01/2032 |
|
|
3,000 |
|
|
|
426 |
|
China Government International Bond |
|
|
|
|
|
|
|
|
3.250%, 10/19/2023 |
|
$ |
1,192 |
|
|
|
1,185 |
|
1.250%, 10/26/2026 (A) |
|
|
559 |
|
|
|
510 |
|
0.550%, 10/21/2025 |
|
|
626 |
|
|
|
572 |
|
0.400%, 10/21/2023 |
|
|
2,410 |
|
|
|
2,361 |
|
Chinalco Capital Holdings |
|
|
|
|
|
|
|
|
4.100% (B)(F) |
|
|
224 |
|
|
|
219 |
|
2.125%, 06/03/2026 |
|
|
173 |
|
|
|
158 |
|
Dianjian Haiyu |
|
|
|
|
|
|
|
|
4.300% (B)(F) |
|
|
204 |
|
|
|
201 |
|
Meituan |
|
|
|
|
|
|
|
|
3.050%, 10/28/2030 (E) |
|
|
204 |
|
|
|
164 |
|
Minmetals Bounteous Finance BVI |
|
|
|
|
|
|
|
|
3.375% (B)(F) |
|
|
805 |
|
|
|
779 |
|
Powerchina Roadbridge Group British Virgin Islands |
|
|
|
|
|
|
|
|
3.080% (B)(F) |
|
|
285 |
|
|
|
266 |
|
Prosus NV MTN |
|
|
|
|
|
|
|
|
3.061%, 07/13/2031 (A) |
|
|
907 |
|
|
|
714 |
|
Shimao Group Holdings |
|
|
|
|
|
|
|
|
5.600%, 07/15/2026 (G) |
|
|
1,949 |
|
|
|
272 |
|
5.200%, 01/30/2025 |
|
|
1,406 |
|
|
|
196 |
|
Tencent Holdings Ltd MTN |
|
|
|
|
|
|
|
|
3.240%, 06/03/2050 (A) |
|
|
450 |
|
|
|
295 |
|
Wanda Properties International |
|
|
|
|
|
|
|
|
7.250%, 01/29/2024 |
|
|
600 |
|
|
|
534 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Wanda Properties Overseas |
|
|
|
|
|
|
|
|
6.875%, 07/23/2023 |
|
$ |
232 |
|
|
$ |
221 |
|
| |
|
|
|
|
|
|
22,475 |
|
| |
|
|
|
|
|
|
|
|
Colombia — 4.6% |
|
|
|
|
AI Candelaria Spain (A) |
|
|
|
|
|
|
|
|
7.500%, 12/15/2028 |
|
|
377 |
|
|
|
344 |
|
5.750%, 06/15/2033 |
|
|
780 |
|
|
|
553 |
|
Colombia Government International Bond |
|
|
|
|
|
|
|
|
9.850%, 06/28/2027 |
|
COP |
5,060,000 |
|
|
|
1,006 |
|
8.000%, 04/20/2033 |
|
$ |
5,683 |
|
|
|
5,821 |
|
7.500%, 02/02/2034 |
|
|
2,504 |
|
|
|
2,457 |
|
6.125%, 01/18/2041 (E) |
|
|
3,543 |
|
|
|
2,891 |
|
5.625%, 02/26/2044 |
|
|
132 |
|
|
|
100 |
|
5.200%, 05/15/2049 |
|
|
3,468 |
|
|
|
2,416 |
|
5.000%, 06/15/2045 |
|
|
1,473 |
|
|
|
1,028 |
|
4.500%, 03/15/2029 |
|
|
463 |
|
|
|
408 |
|
4.125%, 02/22/2042 |
|
|
1,266 |
|
|
|
817 |
|
4.125%, 05/15/2051 |
|
|
1,675 |
|
|
|
1,030 |
|
3.875%, 02/15/2061 |
|
|
1,035 |
|
|
|
595 |
|
3.250%, 04/22/2032 |
|
|
219 |
|
|
|
163 |
|
3.000%, 01/30/2030 |
|
|
2,121 |
|
|
|
1,662 |
|
Colombian TES |
|
|
|
|
|
|
|
|
10.000%, 07/24/2024 |
|
COP |
5,543,500 |
|
|
|
1,178 |
|
9.250%, 05/28/2042 |
|
|
11,156,000 |
|
|
|
1,886 |
|
7.750%, 09/18/2030 |
|
|
4,278,900 |
|
|
|
748 |
|
7.500%, 08/26/2026 |
|
|
25,308,900 |
|
|
|
4,884 |
|
7.250%, 10/18/2034 |
|
|
20,633,000 |
|
|
|
3,166 |
|
7.250%, 10/26/2050 |
|
|
4,553,000 |
|
|
|
602 |
|
7.000%, 03/26/2031 |
|
|
23,699,100 |
|
|
|
3,900 |
|
7.000%, 03/26/2031 |
|
|
1,211,900 |
|
|
|
199 |
|
7.000%, 06/30/2032 |
|
|
26,128,900 |
|
|
|
4,141 |
|
6.250%, 11/26/2025 |
|
|
4,047,300 |
|
|
|
778 |
|
6.250%, 07/09/2036 |
|
|
7,144,600 |
|
|
|
965 |
|
6.000%, 04/28/2028 |
|
|
25,091,300 |
|
|
|
4,308 |
|
5.750%, 11/03/2027 |
|
|
24,852,700 |
|
|
|
4,312 |
|
Ecopetrol |
|
|
|
|
|
|
|
|
8.875%, 01/13/2033 |
|
$ |
1,205 |
|
|
|
1,220 |
|
6.875%, 04/29/2030 |
|
|
492 |
|
|
|
453 |
|
5.875%, 11/02/2051 |
|
|
346 |
|
|
|
234 |
|
Empresas Publicas de Medellin ESP (A) |
|
|
|
|
|
|
|
|
8.375%, 11/08/2027 |
|
COP |
2,351,000 |
|
|
|
383 |
|
7.625%, 09/10/2024 |
|
|
3,116,000 |
|
|
|
601 |
|
Financiera de Desarrollo Territorial Findeter |
|
|
|
|
|
|
|
|
7.875%, 08/12/2024 (A) |
|
|
1,127,000 |
|
|
|
219 |
|
7.875%, 08/12/2024 |
|
|
884,000 |
|
|
|
172 |
|
Geopark |
|
|
|
|
|
|
|
|
5.500%, 01/17/2027 (A) |
|
$ |
711 |
|
|
|
597 |
|
Gran Tierra Energy |
|
|
|
|
|
|
|
|
7.750%, 05/23/2027 (A)(E) |
|
|
543 |
|
|
|
425 |
|
Grupo Aval |
|
|
|
|
|
|
|
|
4.375%, 02/04/2030 (A) |
|
|
812 |
|
|
|
628 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Promigas ESP |
|
|
|
|
|
|
|
|
3.750%, 10/16/2029 |
|
$ |
740 |
|
|
$ |
584 |
|
SierraCol Energy Andina |
|
|
|
|
|
|
|
|
6.000%, 06/15/2028 (A) |
|
|
1,237 |
|
|
|
953 |
|
| |
|
|
|
|
|
|
58,827 |
|
| |
|
|
|
|
|
|
|
|
Costa Rica — 0.6% |
|
|
|
|
Costa Rica Government International Bond |
|
|
|
|
|
|
|
|
7.158%, 03/12/2045 |
|
|
387 |
|
|
|
382 |
|
7.000%, 04/04/2044 |
|
|
1,029 |
|
|
|
1,005 |
|
7.000%, 04/04/2044 |
|
|
230 |
|
|
|
225 |
|
6.550%, 04/03/2034 (A) |
|
|
4,771 |
|
|
|
4,795 |
|
6.550%, 04/03/2034 |
|
|
496 |
|
|
|
498 |
|
6.125%, 02/19/2031 |
|
|
797 |
|
|
|
791 |
|
| |
|
|
|
|
|
|
7,696 |
|
| |
|
|
|
|
|
|
|
|
Czech Republic — 2.5% |
|
|
|
|
Czech Republic Government Bond |
|
|
|
|
|
|
|
|
6.000%, 02/26/2026 |
|
CZK |
72,840 |
|
|
|
3,458 |
|
5.500%, 12/12/2028 |
|
|
77,820 |
|
|
|
3,720 |
|
5.000%, 09/30/2030 |
|
|
19,660 |
|
|
|
923 |
|
4.200%, 12/04/2036 |
|
|
7,740 |
|
|
|
342 |
|
2.750%, 07/23/2029 |
|
|
80,900 |
|
|
|
3,336 |
|
2.500%, 08/25/2028 (E) |
|
|
121,460 |
|
|
|
5,006 |
|
2.400%, 09/17/2025 |
|
|
29,490 |
|
|
|
1,275 |
|
2.000%, 10/13/2033 |
|
|
107,900 |
|
|
|
3,907 |
|
1.950%, 07/30/2037 |
|
|
46,700 |
|
|
|
1,576 |
|
1.750%, 06/23/2032 |
|
|
18,680 |
|
|
|
679 |
|
1.500%, 04/24/2040 |
|
|
27,480 |
|
|
|
797 |
|
1.200%, 03/13/2031 |
|
|
39,780 |
|
|
|
1,416 |
|
1.000%, 06/26/2026 |
|
|
46,200 |
|
|
|
1,887 |
|
0.950%, 05/15/2030 |
|
|
5,750 |
|
|
|
206 |
|
0.250%, 02/10/2027 |
|
|
44,470 |
|
|
|
1,725 |
|
0.050%, 11/29/2029 |
|
|
49,560 |
|
|
|
1,686 |
|
| |
|
|
|
|
|
|
31,939 |
|
| |
|
|
|
|
|
|
|
|
Dominican Republic — 2.0% |
|
|
|
|
Dominican Republic Central Bank Notes |
|
|
|
|
|
|
|
|
13.000%, 12/05/2025 (A) |
|
DOP |
276,320 |
|
|
|
5,017 |
|
Dominican Republic International Bond |
|
|
|
|
|
|
|
|
9.750%, 06/05/2026 |
|
|
19,150 |
|
|
|
342 |
|
7.450%, 04/30/2044 (A) |
|
$ |
687 |
|
|
|
659 |
|
7.450%, 04/30/2044 |
|
|
2,443 |
|
|
|
2,345 |
|
7.050%, 02/03/2031 (A) |
|
|
2,111 |
|
|
|
2,143 |
|
7.050%, 02/03/2031 |
|
|
556 |
|
|
|
565 |
|
6.850%, 01/27/2045 |
|
|
1,386 |
|
|
|
1,235 |
|
6.500%, 02/15/2048 |
|
|
2,764 |
|
|
|
2,337 |
|
6.400%, 06/05/2049 (E) |
|
|
1,171 |
|
|
|
975 |
|
6.000%, 02/22/2033 |
|
|
4,621 |
|
|
|
4,230 |
|
5.875%, 04/18/2024 (A) |
|
|
47 |
|
|
|
47 |
|
5.875%, 01/30/2060 |
|
|
3,012 |
|
|
|
2,299 |
|
5.300%, 01/21/2041 (E) |
|
|
2,310 |
|
|
|
1,798 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
4.500%, 01/30/2030 |
|
$ |
1,278 |
|
|
$ |
1,111 |
|
| |
|
|
|
|
|
|
25,103 |
|
| |
|
|
|
|
|
|
|
|
Ecuador — 0.8% |
|
|
|
|
Ecuador Government International Bond |
|
|
|
|
|
|
|
|
5.500%, 07/31/2030 (C) |
|
|
1,278 |
|
|
|
594 |
|
5.500%, 07/31/2030 (A)(C) |
|
|
785 |
|
|
|
365 |
|
2.500%, 07/31/2035 (A)(C) |
|
|
8,360 |
|
|
|
2,778 |
|
2.500%, 07/31/2035 (C)(E) |
|
|
12,413 |
|
|
|
4,125 |
|
1.500%, 07/31/2040 (C)(E) |
|
|
3,736 |
|
|
|
1,116 |
|
1.500%, 07/31/2040 (A)(C)(E) |
|
|
2,558 |
|
|
|
764 |
|
0.000%, 07/31/2030 (A)(D) |
|
|
1,086 |
|
|
|
324 |
|
| |
|
|
|
|
|
|
10,066 |
|
| |
|
|
|
|
|
|
|
|
Egypt — 1.5% |
|
|
|
|
Egypt Government Bond |
|
|
|
|
|
|
|
|
14.664%, 10/06/2030 |
|
EGP |
4,750 |
|
|
|
112 |
|
14.556%, 10/13/2027 |
|
|
11,537 |
|
|
|
286 |
|
14.382%, 01/12/2031 |
|
|
4,531 |
|
|
|
105 |
|
14.292%, 01/05/2028 |
|
|
19,000 |
|
|
|
465 |
|
Egypt Government International Bond |
|
|
|
|
|
|
|
|
16.100%, 05/07/2029 |
|
|
14,920 |
|
|
|
383 |
|
8.875%, 05/29/2050 |
|
$ |
2,395 |
|
|
|
1,404 |
|
8.700%, 03/01/2049 (A) |
|
|
389 |
|
|
|
227 |
|
7.903%, 02/21/2048 |
|
|
200 |
|
|
|
110 |
|
7.625%, 05/29/2032 |
|
|
4,077 |
|
|
|
2,580 |
|
Egypt Government International Bond MTN |
|
|
|
|
|
|
|
|
8.500%, 01/31/2047 |
|
|
2,691 |
|
|
|
1,556 |
|
7.500%, 01/31/2027 |
|
|
472 |
|
|
|
362 |
|
7.300%, 09/30/2033 |
|
|
1,964 |
|
|
|
1,202 |
|
7.300%, 09/30/2033 (A) |
|
|
1,414 |
|
|
|
865 |
|
7.053%, 01/15/2032 (A) |
|
|
1,152 |
|
|
|
717 |
|
6.375%, 04/11/2031 (A) |
|
EUR |
1,327 |
|
|
|
858 |
|
6.375%, 04/11/2031 |
|
|
2,720 |
|
|
|
1,758 |
|
5.800%, 09/30/2027 (A) |
|
$ |
2,539 |
|
|
|
1,777 |
|
5.800%, 09/30/2027 |
|
|
685 |
|
|
|
479 |
|
5.625%, 04/16/2030 |
|
EUR |
732 |
|
|
|
475 |
|
4.750%, 04/11/2025 |
|
|
457 |
|
|
|
406 |
|
4.750%, 04/11/2025 (A) |
|
|
443 |
|
|
|
393 |
|
4.750%, 04/16/2026 |
|
|
420 |
|
|
|
335 |
|
Egypt Treasury Bills |
|
|
|
|
|
|
|
|
0.000%, 04/18/2023 (D) |
|
EGP |
26,750 |
|
|
|
863 |
|
Egyptian Financial for Sovereign Taskeek |
|
|
|
|
|
|
|
|
10.875%, 02/28/2026 (A) |
|
$ |
1,929 |
|
|
|
1,769 |
|
| |
|
|
|
|
|
|
19,487 |
|
| |
|
|
|
|
|
|
|
|
El Salvador — 0.4% |
|
|
|
|
El Salvador Government International Bond |
|
|
|
|
|
|
|
|
9.500%, 07/15/2052 |
|
|
7,193 |
|
|
|
3,677 |
|
8.625%, 02/28/2029 |
|
|
1,431 |
|
|
|
759 |
|
8.250%, 04/10/2032 |
|
|
508 |
|
|
|
268 |
|
7.650%, 06/15/2035 |
|
|
259 |
|
|
|
121 |
|
7.125%, 01/20/2050 |
|
|
640 |
|
|
|
291 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
6.375%, 01/18/2027 (A) |
|
$ |
412 |
|
|
$ |
229 |
|
| |
|
|
|
|
|
|
5,345 |
|
| |
|
|
|
|
|
|
|
|
Ethiopia — 0.0% |
|
|
|
|
Ethiopia International Bond |
|
|
|
|
|
|
|
|
6.625%, 12/11/2024 (A) |
|
|
477 |
|
|
|
333 |
|
6.625%, 12/11/2024 |
|
|
400 |
|
|
|
280 |
|
| |
|
|
|
|
|
|
613 |
|
| |
|
|
|
|
|
|
|
|
Gabon — 0.2% |
|
|
|
|
Gabon Government International Bond |
|
|
|
|
|
|
|
|
7.000%, 11/24/2031 (A) |
|
|
1,110 |
|
|
|
846 |
|
6.950%, 06/16/2025 (A) |
|
|
608 |
|
|
|
563 |
|
6.625%, 02/06/2031 |
|
|
210 |
|
|
|
160 |
|
6.375%, 12/12/2024 (A) |
|
|
481 |
|
|
|
459 |
|
| |
|
|
|
|
|
|
2,028 |
|
| |
|
|
|
|
|
|
|
|
Georgia — 0.1% |
|
|
|
|
Georgia Government International Bond |
|
|
|
|
|
|
|
|
2.750%, 04/22/2026 |
|
|
280 |
|
|
|
249 |
|
Georgian Railway JSC |
|
|
|
|
|
|
|
|
4.000%, 06/17/2028 (A) |
|
|
481 |
|
|
|
410 |
|
| |
|
|
|
|
|
|
659 |
|
| |
|
|
|
|
|
|
|
|
Ghana — 0.7% |
|
|
|
|
Ghana Government International Bond |
|
|
|
|
|
|
|
|
10.750%, 10/14/2030 (A) |
|
|
1,055 |
|
|
|
726 |
|
10.750%, 10/14/2030 (E) |
|
|
5,024 |
|
|
|
3,455 |
|
8.875%, 05/07/2042 (G) |
|
|
1,286 |
|
|
|
430 |
|
8.750%, 03/11/2061 (G) |
|
|
693 |
|
|
|
232 |
|
8.625%, 04/07/2034 (G) |
|
|
3,190 |
|
|
|
1,092 |
|
7.875%, 02/11/2035 (G) |
|
|
1,101 |
|
|
|
380 |
|
7.750%, 04/07/2029 (G) |
|
|
870 |
|
|
|
300 |
|
7.625%, 05/16/2029 (G) |
|
|
2,188 |
|
|
|
757 |
|
Republic of Ghana Government Bonds |
|
|
|
|
|
|
|
|
19.250%, 12/18/2023 |
|
GHS |
4,011 |
|
|
|
300 |
|
Tullow Oil (A) |
|
|
|
|
|
|
|
|
10.250%, 05/15/2026 |
|
$ |
351 |
|
|
|
271 |
|
7.000%, 03/01/2025 (E) |
|
|
1,241 |
|
|
|
733 |
|
| |
|
|
|
|
|
|
8,676 |
|
| |
|
|
|
|
|
|
|
|
Guatemala — 0.5% |
|
|
|
|
CT Trust |
|
|
|
|
|
|
|
|
5.125%, 02/03/2032 (A) |
|
|
762 |
|
|
|
637 |
|
Guatemala Government Bond |
|
|
|
|
|
|
|
|
5.375%, 04/24/2032 |
|
|
540 |
|
|
|
523 |
|
5.250%, 08/10/2029 (A)(E) |
|
|
701 |
|
|
|
682 |
|
5.250%, 08/10/2029 |
|
|
1,906 |
|
|
|
1,855 |
|
4.900%, 06/01/2030 |
|
|
496 |
|
|
|
472 |
|
4.650%, 10/07/2041 |
|
|
210 |
|
|
|
172 |
|
4.500%, 05/03/2026 |
|
|
185 |
|
|
|
181 |
|
3.700%, 10/07/2033 (A) |
|
|
1,008 |
|
|
|
841 |
|
3.700%, 10/07/2033 |
|
|
700 |
|
|
|
584 |
|
Millicom International Cellular (A) |
|
|
|
|
|
|
|
|
6.250%, 03/25/2029 |
|
|
288 |
|
|
|
266 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
5.125%, 01/15/2028 |
|
$ |
508 |
|
|
$ |
454 |
|
| |
|
|
|
|
|
|
6,667 |
|
| |
|
|
|
|
|
|
|
|
Honduras — 0.1% |
|
|
|
|
Honduras Government International Bond |
|
|
|
|
|
|
|
|
6.250%, 01/19/2027 |
|
|
326 |
|
|
|
290 |
|
5.625%, 06/24/2030 (E) |
|
|
1,281 |
|
|
|
1,009 |
|
| |
|
|
|
|
|
|
1,299 |
|
| |
|
|
|
|
|
|
|
|
Hong Kong — 0.1% |
|
|
|
|
Hong Kong Government International Bond MTN |
|
|
|
|
|
|
|
|
5.250%, 01/11/2053 |
|
|
201 |
|
|
|
223 |
|
NWD |
|
|
|
|
|
|
|
|
4.125%, 07/18/2029 |
|
|
757 |
|
|
|
627 |
|
| |
|
|
|
|
|
|
850 |
|
| |
|
|
|
|
|
|
|
|
Hungary — 1.8% |
|
|
|
|
Hungary Government Bond |
|
|
|
|
|
|
|
|
6.750%, 10/22/2028 |
|
HUF |
337,630 |
|
|
|
855 |
|
5.500%, 06/24/2025 |
|
|
385,120 |
|
|
|
972 |
|
4.750%, 11/24/2032 |
|
|
936,290 |
|
|
|
2,024 |
|
4.500%, 03/23/2028 |
|
|
1,275,500 |
|
|
|
2,953 |
|
4.500%, 05/27/2032 |
|
|
354,560 |
|
|
|
758 |
|
3.250%, 10/22/2031 |
|
|
516,860 |
|
|
|
1,016 |
|
3.000%, 10/27/2027 |
|
|
580,540 |
|
|
|
1,261 |
|
3.000%, 08/21/2030 |
|
|
270,390 |
|
|
|
542 |
|
3.000%, 10/27/2038 |
|
|
410,390 |
|
|
|
649 |
|
2.250%, 04/20/2033 |
|
|
358,650 |
|
|
|
612 |
|
2.000%, 05/23/2029 (E) |
|
|
875,310 |
|
|
|
1,713 |
|
Hungary Government International Bond |
|
|
|
|
|
|
|
|
7.625%, 03/29/2041 |
|
$ |
190 |
|
|
|
213 |
|
6.750%, 09/25/2052 (A) |
|
|
2,032 |
|
|
|
2,100 |
|
6.750%, 09/25/2052 |
|
|
242 |
|
|
|
250 |
|
6.125%, 05/22/2028 (A) |
|
|
1,204 |
|
|
|
1,234 |
|
5.500%, 06/16/2034 |
|
|
400 |
|
|
|
385 |
|
4.250%, 06/16/2031 |
|
EUR |
759 |
|
|
|
749 |
|
3.125%, 09/21/2051 |
|
$ |
2,328 |
|
|
|
1,425 |
|
3.125%, 09/21/2051 (A)(E) |
|
|
299 |
|
|
|
183 |
|
2.125%, 09/22/2031 |
|
|
1,438 |
|
|
|
1,103 |
|
2.125%, 09/22/2031 (A) |
|
|
1,179 |
|
|
|
904 |
|
1.750%, 06/05/2035 |
|
EUR |
1,547 |
|
|
|
1,146 |
|
1.500%, 11/17/2050 |
|
|
552 |
|
|
|
302 |
|
| |
|
|
|
|
|
|
23,349 |
|
| |
|
|
|
|
|
|
|
|
India — 0.5% |
|
|
|
|
Adani Electricity Mumbai |
|
|
|
|
|
|
|
|
3.949%, 02/12/2030 |
|
$ |
810 |
|
|
|
578 |
|
3.949%, 02/12/2030 (A) |
|
|
540 |
|
|
|
385 |
|
Export-Import Bank of India MTN |
|
|
|
|
|
|
|
|
3.250%, 01/15/2030 |
|
|
860 |
|
|
|
755 |
|
2.250%, 01/13/2031 |
|
|
615 |
|
|
|
492 |
|
Greenko Power II |
|
|
|
|
|
|
|
|
4.300%, 12/13/2028 |
|
|
500 |
|
|
|
431 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Network i2i |
|
|
|
|
|
|
|
|
5.650%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.277% (A)(B)(F) |
|
$ |
260 |
|
|
$ |
247 |
|
Power Finance MTN |
|
|
|
|
|
|
|
|
3.950%, 04/23/2030 (A) |
|
|
569 |
|
|
|
499 |
|
Reliance Industries (A) |
|
|
|
|
|
|
|
|
3.625%, 01/12/2052 |
|
|
671 |
|
|
|
473 |
|
2.875%, 01/12/2032 |
|
|
800 |
|
|
|
665 |
|
UPL |
|
|
|
|
|
|
|
|
4.625%, 06/16/2030 |
|
|
750 |
|
|
|
631 |
|
Vedanta Resources |
|
|
|
|
|
|
|
|
7.125%, 05/31/2023 |
|
|
200 |
|
|
|
186 |
|
Vedanta Resources Finance II |
|
|
|
|
|
|
|
|
13.875%, 01/21/2024 (A) |
|
|
286 |
|
|
|
229 |
|
8.950%, 03/11/2025 |
|
|
760 |
|
|
|
469 |
|
| |
|
|
|
|
|
|
6,040 |
|
| |
|
|
|
|
|
|
|
|
Indonesia — 7.0% |
|
|
|
|
Freeport Indonesia |
|
|
|
|
|
|
|
|
6.200%, 04/14/2052 (A)(E) |
|
|
662 |
|
|
|
606 |
|
Freeport Indonesia MTN |
|
|
|
|
|
|
|
|
5.315%, 04/14/2032 |
|
|
641 |
|
|
|
597 |
|
5.315%, 04/14/2032 (A) |
|
|
440 |
|
|
|
410 |
|
Indonesia Asahan Aluminium (A) |
|
|
|
|
|
|
|
|
5.800%, 05/15/2050 |
|
|
1,165 |
|
|
|
1,037 |
|
5.710%, 11/15/2023 |
|
|
618 |
|
|
|
617 |
|
4.750%, 05/15/2025 |
|
|
240 |
|
|
|
236 |
|
Indonesia Government International Bond |
|
|
|
|
|
|
|
|
8.500%, 10/12/2035 |
|
|
1,265 |
|
|
|
1,638 |
|
5.650%, 01/11/2053 |
|
|
452 |
|
|
|
470 |
|
4.850%, 01/11/2033 |
|
|
3,509 |
|
|
|
3,488 |
|
4.750%, 02/11/2029 |
|
|
119 |
|
|
|
120 |
|
4.650%, 09/20/2032 |
|
|
464 |
|
|
|
462 |
|
4.550%, 01/11/2028 |
|
|
1,336 |
|
|
|
1,333 |
|
4.300%, 03/31/2052 |
|
|
311 |
|
|
|
270 |
|
4.150%, 09/20/2027 |
|
|
1,555 |
|
|
|
1,529 |
|
3.500%, 01/11/2028 |
|
|
1,859 |
|
|
|
1,781 |
|
2.850%, 02/14/2030 |
|
|
2,540 |
|
|
|
2,291 |
|
2.150%, 07/28/2031 |
|
|
1,395 |
|
|
|
1,156 |
|
1.400%, 10/30/2031 |
|
EUR |
641 |
|
|
|
547 |
|
1.300%, 03/23/2034 |
|
|
743 |
|
|
|
589 |
|
1.100%, 03/12/2033 |
|
|
690 |
|
|
|
551 |
|
Indonesia Government International Bond MTN |
|
|
|
|
|
|
|
|
5.250%, 01/17/2042 |
|
$ |
1,268 |
|
|
|
1,238 |
|
4.625%, 04/15/2043 |
|
|
698 |
|
|
|
649 |
|
3.750%, 06/14/2028 |
|
EUR |
1,057 |
|
|
|
1,128 |
|
Indonesia Treasury Bond |
|
|
|
|
|
|
|
|
9.000%, 03/15/2029 |
|
IDR |
36,550,000 |
|
|
|
2,728 |
|
8.750%, 05/15/2031 |
|
|
46,746,000 |
|
|
|
3,503 |
|
8.375%, 03/15/2034 |
|
|
63,445,000 |
|
|
|
4,684 |
|
8.375%, 04/15/2039 |
|
|
44,180,000 |
|
|
|
3,311 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
8.250%, 05/15/2029 |
|
IDR |
34,660,000 |
|
|
$ |
2,516 |
|
8.250%, 06/15/2032 |
|
|
12,030,000 |
|
|
|
887 |
|
8.250%, 05/15/2036 |
|
|
70,063,000 |
|
|
|
5,157 |
|
8.125%, 05/15/2024 |
|
|
73,060,000 |
|
|
|
4,977 |
|
7.500%, 08/15/2032 |
|
|
26,770,000 |
|
|
|
1,869 |
|
7.500%, 06/15/2035 |
|
|
17,596,000 |
|
|
|
1,222 |
|
7.500%, 05/15/2038 |
|
|
24,494,000 |
|
|
|
1,700 |
|
7.500%, 04/15/2040 |
|
|
29,005,000 |
|
|
|
2,014 |
|
7.125%, 06/15/2042 |
|
|
19,250,000 |
|
|
|
1,297 |
|
7.125%, 06/15/2043 |
|
|
41,766,000 |
|
|
|
2,817 |
|
7.000%, 05/15/2027 |
|
|
28,700,000 |
|
|
|
1,953 |
|
7.000%, 09/15/2030 |
|
|
22,578,000 |
|
|
|
1,538 |
|
7.000%, 02/15/2033 |
|
|
79,722,000 |
|
|
|
5,398 |
|
6.875%, 08/15/2051 |
|
|
28,231,000 |
|
|
|
1,848 |
|
6.500%, 06/15/2025 |
|
|
5,895,000 |
|
|
|
394 |
|
6.500%, 02/15/2031 |
|
|
28,458,000 |
|
|
|
1,885 |
|
6.375%, 08/15/2028 |
|
|
40,172,000 |
|
|
|
2,679 |
|
6.375%, 04/15/2032 |
|
|
45,027,000 |
|
|
|
2,936 |
|
6.375%, 07/15/2037 |
|
|
1,500,000 |
|
|
|
95 |
|
5.125%, 04/15/2027 |
|
|
19,322,000 |
|
|
|
1,234 |
|
Medco Bell Pte |
|
|
|
|
|
|
|
|
6.375%, 01/30/2027 (A) |
|
$ |
466 |
|
|
|
420 |
|
Minejesa Capital BV (A) |
|
|
|
|
|
|
|
|
5.625%, 08/10/2037 |
|
|
995 |
|
|
|
777 |
|
4.625%, 08/10/2030 |
|
|
386 |
|
|
|
339 |
|
Pertamina Persero MTN |
|
|
|
|
|
|
|
|
3.650%, 07/30/2029 (A) |
|
|
1,035 |
|
|
|
957 |
|
Perusahaan Listrik Negara |
|
|
|
|
|
|
|
|
1.875%, 11/05/2031 (A) |
|
EUR |
891 |
|
|
|
727 |
|
Perusahaan Listrik Negara MTN |
|
|
|
|
|
|
|
|
6.150%, 05/21/2048 |
|
$ |
740 |
|
|
|
719 |
|
6.150%, 05/21/2048 (A) |
|
|
657 |
|
|
|
638 |
|
4.375%, 02/05/2050 (A) |
|
|
265 |
|
|
|
200 |
|
Perusahaan Penerbit SBSN Indonesia III |
|
|
|
|
|
|
|
|
4.700%, 06/06/2032 |
|
|
355 |
|
|
|
354 |
|
Perusahaan Perseroan Persero Perusahaan Listrik Negara |
|
|
|
|
|
|
|
|
4.875%, 07/17/2049 (E) |
|
|
311 |
|
|
|
254 |
|
1.875%, 11/05/2031 |
|
EUR |
250 |
|
|
|
204 |
|
Perusahaan Perseroan Persero Perusahaan Listrik Negara MTN |
|
|
|
|
|
|
|
|
5.450%, 05/21/2028 |
|
$ |
200 |
|
|
|
199 |
|
5.250%, 05/15/2047 |
|
|
480 |
|
|
|
414 |
|
3.375%, 02/05/2030 (E) |
|
|
750 |
|
|
|
651 |
|
3.000%, 06/30/2030 |
|
|
565 |
|
|
|
485 |
|
| |
|
|
|
|
|
|
88,723 |
|
| |
|
|
|
|
|
|
|
|
Iraq — 0.1% |
|
|
|
|
Iraq International Bond |
|
|
|
|
|
|
|
|
5.800%, 01/15/2028 |
|
|
671 |
|
|
|
624 |
|
5.800%, 01/15/2028 |
|
|
156 |
|
|
|
145 |
|
| |
|
|
|
|
|
|
769 |
|
| |
|
|
|
|
|
|
|
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Israel — 0.2% |
|
|
|
|
Bank Leumi Le-Israel |
|
|
|
|
|
|
|
|
3.275%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 1.631%, 01/29/2031 (A)(B) |
|
$ |
431 |
|
|
$ |
374 |
|
Israel Government International Bond |
|
|
|
|
|
|
|
|
4.500%, 01/17/2033 |
|
|
1,164 |
|
|
|
1,159 |
|
4.500%, 04/03/2120 |
|
|
759 |
|
|
|
634 |
|
Leviathan Bond |
|
|
|
|
|
|
|
|
6.750%, 06/30/2030 (A) |
|
|
394 |
|
|
|
367 |
|
| |
|
|
|
|
|
|
2,534 |
|
| |
|
|
|
|
|
|
|
|
Ivory Coast — 0.6% |
|
|
|
|
Ivory Coast Government International Bond |
|
|
|
|
|
|
|
|
6.875%, 10/17/2040 |
|
EUR |
1,619 |
|
|
|
1,294 |
|
6.625%, 03/22/2048 |
|
|
795 |
|
|
|
596 |
|
6.625%, 03/22/2048 |
|
|
3,365 |
|
|
|
2,523 |
|
6.625%, 03/22/2048 (A) |
|
|
98 |
|
|
|
73 |
|
6.125%, 06/15/2033 |
|
$ |
400 |
|
|
|
346 |
|
5.875%, 10/17/2031 |
|
EUR |
325 |
|
|
|
289 |
|
5.875%, 10/17/2031 (A) |
|
|
205 |
|
|
|
183 |
|
5.250%, 03/22/2030 |
|
|
1,826 |
|
|
|
1,623 |
|
4.875%, 01/30/2032 |
|
|
1,145 |
|
|
|
945 |
|
| |
|
|
|
|
|
|
7,872 |
|
| |
|
|
|
|
|
|
|
|
Jordan — 0.2% |
|
|
|
|
Jordan Government International Bond |
|
|
|
|
|
|
|
|
7.375%, 10/10/2047 (E) |
|
$ |
667 |
|
|
|
562 |
|
7.375%, 10/10/2047 (A) |
|
|
228 |
|
|
|
192 |
|
5.850%, 07/07/2030 |
|
|
872 |
|
|
|
775 |
|
5.850%, 07/07/2030 (A)(E) |
|
|
559 |
|
|
|
497 |
|
4.950%, 07/07/2025 |
|
|
270 |
|
|
|
258 |
|
| |
|
|
|
|
|
|
2,284 |
|
| |
|
|
|
|
|
|
|
|
Kazakhstan — 1.0% |
|
|
|
|
Development Bank of Kazakhstan JSC |
|
|
|
|
|
|
|
|
2.950%, 05/06/2031 (A) |
|
|
465 |
|
|
|
363 |
|
Kazakhstan Government International Bond |
|
|
|
|
|
|
|
|
4.875%, 10/14/2044 |
|
|
2,204 |
|
|
|
1,961 |
|
4.875%, 10/14/2044 (A)(E) |
|
|
1,020 |
|
|
|
908 |
|
Kazakhstan Government International Bond MTN |
|
|
|
|
|
|
|
|
6.500%, 07/21/2045 (A) |
|
|
1,071 |
|
|
|
1,114 |
|
2.375%, 11/09/2028 (A) |
|
EUR |
475 |
|
|
|
466 |
|
1.500%, 09/30/2034 |
|
|
1,759 |
|
|
|
1,376 |
|
KazMunayGas National JSC |
|
|
|
|
|
|
|
|
6.375%, 10/24/2048 (A) |
|
$ |
1,974 |
|
|
|
1,638 |
|
6.375%, 10/24/2048 |
|
|
200 |
|
|
|
166 |
|
5.750%, 04/19/2047 (A) |
|
|
1,852 |
|
|
|
1,444 |
|
5.750%, 04/19/2047 |
|
|
63 |
|
|
|
49 |
|
5.375%, 04/24/2030 (A) |
|
|
984 |
|
|
|
878 |
|
KazMunayGas National JSC MTN |
|
|
|
|
|
|
|
|
5.375%, 04/24/2030 |
|
|
1,975 |
|
|
|
1,761 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
KazTransGas JSC |
|
|
|
|
|
|
|
|
4.375%, 09/26/2027 |
|
$ |
597 |
|
|
$ |
534 |
|
4.375%, 09/26/2027 (A) |
|
|
165 |
|
|
|
148 |
|
Tengizchevroil Finance International |
|
|
|
|
|
|
|
|
3.250%, 08/15/2030 (A) |
|
|
450 |
|
|
|
338 |
|
| |
|
|
|
|
|
|
13,144 |
|
| |
|
|
|
|
|
|
|
|
Kenya — 0.3% |
|
|
|
|
Kenya Government International Bond |
|
|
|
|
|
|
|
|
8.250%, 02/28/2048 (E) |
|
|
801 |
|
|
|
585 |
|
7.000%, 05/22/2027 (E) |
|
|
1,914 |
|
|
|
1,617 |
|
7.000%, 05/22/2027 (A) |
|
|
493 |
|
|
|
416 |
|
6.875%, 06/24/2024 (A) |
|
|
1,966 |
|
|
|
1,812 |
|
| |
|
|
|
|
|
|
4,430 |
|
| |
|
|
|
|
|
|
|
|
Kuwait — 0.1% |
|
|
|
|
Meglobal Canada ULC MTN |
|
|
|
|
|
|
|
|
5.875%, 05/18/2030 (A) |
|
|
222 |
|
|
|
226 |
|
NBK SPC |
|
|
|
|
|
|
|
|
1.625%, U.S. SOFR + 1.050%, 09/15/2027 (A)(B) |
|
|
680 |
|
|
|
605 |
|
NBK Tier 1 Financing 2 |
|
|
|
|
|
|
|
|
4.500%, CMTUSD6Y + 2.832% (A)(B)(F) |
|
|
513 |
|
|
|
464 |
|
| |
|
|
|
|
|
|
1,295 |
|
| |
|
|
|
|
|
|
|
|
Lebanon — 0.3% |
|
|
|
|
Lebanon Government International Bond |
|
|
|
|
|
|
|
|
8.250%, 05/17/2034 (G) |
|
|
7,412 |
|
|
|
459 |
|
8.200%, 05/17/2033 (G) |
|
|
2,700 |
|
|
|
169 |
|
6.850%, 03/23/2027 (G) |
|
|
742 |
|
|
|
46 |
|
6.750%, 11/29/2027 (G) |
|
|
1,123 |
|
|
|
70 |
|
6.650%, 04/22/2024 (G) |
|
|
2,250 |
|
|
|
139 |
|
6.000%, 01/27/2023 (G) |
|
|
560 |
|
|
|
34 |
|
Lebanon Government International Bond MTN |
|
|
|
|
|
|
|
|
8.250%, 12/31/2023 (G) |
|
|
8,178 |
|
|
|
501 |
|
7.000%, 03/20/2028 (G) |
|
|
2,048 |
|
|
|
125 |
|
6.850%, 05/25/2029 (G) |
|
|
1,996 |
|
|
|
125 |
|
6.650%, 11/03/2028 (G) |
|
|
2,310 |
|
|
|
142 |
|
6.650%, 02/26/2030 (G) |
|
|
1,870 |
|
|
|
116 |
|
6.600%, 11/27/2026 (G) |
|
|
1,613 |
|
|
|
99 |
|
6.400%, 05/26/2023 (G) |
|
|
2,649 |
|
|
|
166 |
|
6.375%, 12/31/2023 (G) |
|
|
5,489 |
|
|
|
342 |
|
6.150%, 12/31/2023 (G) |
|
|
2,616 |
|
|
|
162 |
|
6.100%, 10/04/2022 (G) |
|
|
9,077 |
|
|
|
565 |
|
6.100%, 10/04/2022 (G) |
|
|
569 |
|
|
|
35 |
|
5.800%, 04/14/2023 (G) |
|
|
2,787 |
|
|
|
173 |
|
| |
|
|
|
|
|
|
3,468 |
|
| |
|
|
|
|
|
|
|
|
Macau — 0.0% |
|
|
|
|
Studio City Finance (A) |
|
|
|
|
|
|
|
|
6.500%, 01/15/2028 |
|
|
371 |
|
|
|
312 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
6.000%, 07/15/2025 |
|
$ |
87 |
|
|
$ |
80 |
|
| |
|
|
|
|
|
|
392 |
|
| |
|
|
|
|
|
|
|
|
Macedonia — 0.0% |
|
|
|
|
North Macedonia Government International Bond |
|
|
|
|
|
|
|
|
6.250%, 02/15/2027 |
|
EUR |
141 |
|
|
|
154 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Malaysia — 5.8% |
|
|
|
|
Malaysia Government Bond |
|
|
|
|
|
|
|
|
5.248%, 09/15/2028 |
|
MYR |
3,617 |
|
|
|
882 |
|
4.935%, 09/30/2043 |
|
|
2,200 |
|
|
|
539 |
|
4.921%, 07/06/2048 |
|
|
3,070 |
|
|
|
740 |
|
4.893%, 06/08/2038 |
|
|
3,650 |
|
|
|
894 |
|
4.762%, 04/07/2037 |
|
|
2,333 |
|
|
|
559 |
|
4.696%, 10/15/2042 |
|
|
3,600 |
|
|
|
868 |
|
4.642%, 11/07/2033 |
|
|
500 |
|
|
|
120 |
|
4.504%, 04/30/2029 |
|
|
8,614 |
|
|
|
2,020 |
|
4.498%, 04/15/2030 |
|
|
4,090 |
|
|
|
965 |
|
4.392%, 04/15/2026 |
|
|
3,480 |
|
|
|
810 |
|
4.254%, 05/31/2035 |
|
|
16,024 |
|
|
|
3,664 |
|
4.232%, 06/30/2031 |
|
|
1,200 |
|
|
|
278 |
|
4.181%, 07/15/2024 |
|
|
4,186 |
|
|
|
961 |
|
4.065%, 06/15/2050 |
|
|
3,119 |
|
|
|
665 |
|
4.059%, 09/30/2024 |
|
|
7,200 |
|
|
|
1,653 |
|
3.955%, 09/15/2025 |
|
|
35,156 |
|
|
|
8,087 |
|
3.906%, 07/15/2026 |
|
|
17,274 |
|
|
|
3,978 |
|
3.900%, 11/30/2026 |
|
|
4,085 |
|
|
|
939 |
|
3.899%, 11/16/2027 |
|
|
12,332 |
|
|
|
2,837 |
|
3.885%, 08/15/2029 |
|
|
11,247 |
|
|
|
2,551 |
|
3.882%, 03/14/2025 |
|
|
25,169 |
|
|
|
5,775 |
|
3.828%, 07/05/2034 |
|
|
28,512 |
|
|
|
6,309 |
|
3.800%, 08/17/2023 |
|
|
13,526 |
|
|
|
3,076 |
|
3.757%, 05/22/2040 |
|
|
18,830 |
|
|
|
4,014 |
|
3.733%, 06/15/2028 |
|
|
22,341 |
|
|
|
5,069 |
|
3.582%, 07/15/2032 |
|
|
11,158 |
|
|
|
2,464 |
|
3.502%, 05/31/2027 |
|
|
8,086 |
|
|
|
1,829 |
|
3.478%, 06/14/2024 |
|
|
4,234 |
|
|
|
964 |
|
2.632%, 04/15/2031 |
|
|
18,547 |
|
|
|
3,828 |
|
Malaysia Government Investment Issue |
|
|
|
|
|
|
|
|
4.369%, 10/31/2028 |
|
|
1,200 |
|
|
|
280 |
|
4.119%, 11/30/2034 |
|
|
1,248 |
|
|
|
281 |
|
4.070%, 09/30/2026 |
|
|
6,500 |
|
|
|
1,500 |
|
Malaysia Wakala Sukuk |
|
|
|
|
|
|
|
|
2.070%, 04/28/2031 |
|
$ |
1,230 |
|
|
|
1,078 |
|
Petronas Capital MTN |
|
|
|
|
|
|
|
|
4.550%, 04/21/2050 |
|
|
1,401 |
|
|
|
1,291 |
|
3.500%, 04/21/2030 |
|
|
405 |
|
|
|
377 |
|
2.480%, 01/28/2032 |
|
|
1,522 |
|
|
|
1,294 |
|
| |
|
|
|
|
|
|
73,439 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Mexico — 10.1% |
|
|
|
|
Alpek SAB |
|
|
|
|
|
|
|
|
4.250%, 09/18/2029 (A) |
|
$ |
653 |
|
|
$ |
588 |
|
America Movil |
|
|
|
|
|
|
|
|
7.125%, 12/09/2024 |
|
MXN |
18,110 |
|
|
|
936 |
|
Banco Mercantil del Norte (A)(F) |
|
|
|
|
|
|
|
|
7.500%, US Treas Yield Curve Rate T Note Const Mat 10 Yr + 5.470% (B) |
|
$ |
476 |
|
|
|
412 |
|
6.750%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.967% (B) |
|
|
2,043 |
|
|
|
1,938 |
|
5.875%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.643% (B) |
|
|
417 |
|
|
|
354 |
|
Cemex (A) |
|
|
|
|
|
|
|
|
9.125%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.907% (B)(F) |
|
|
1,231 |
|
|
|
1,233 |
|
5.450%, 11/19/2029 |
|
|
750 |
|
|
|
706 |
|
5.125%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 4.534% (B)(F) |
|
|
200 |
|
|
|
179 |
|
3.875%, 07/11/2031 |
|
|
572 |
|
|
|
476 |
|
Comision Federal de Electricidad |
|
|
|
|
|
|
|
|
7.350%, 11/25/2025 |
|
MXN |
39,785 |
|
|
|
2,011 |
|
6.264%, 02/15/2052 (A) |
|
$ |
263 |
|
|
|
218 |
|
4.750%, 02/23/2027 (A) |
|
|
258 |
|
|
|
244 |
|
4.688%, 05/15/2029 (A) |
|
|
1,872 |
|
|
|
1,676 |
|
3.875%, 07/26/2033 |
|
|
720 |
|
|
|
547 |
|
3.348%, 02/09/2031 (A) |
|
|
391 |
|
|
|
309 |
|
FEL Energy VI Sarl |
|
|
|
|
|
|
|
|
5.750%, 12/01/2040 (A) |
|
|
178 |
|
|
|
146 |
|
Mexican Bonos |
|
|
|
|
|
|
|
|
8.000%, 11/07/2047 |
|
MXN |
106,353 |
|
|
|
5,240 |
|
7.750%, 11/13/2042 |
|
|
176,761 |
|
|
|
8,535 |
|
7.500%, 06/03/2027 |
|
|
274,257 |
|
|
|
14,396 |
|
5.750%, 03/05/2026 |
|
|
57,733 |
|
|
|
2,884 |
|
Mexican Bonos, Ser M20 |
|
|
|
|
|
|
|
|
10.000%, 12/05/2024 |
|
|
40,971 |
|
|
|
2,253 |
|
8.500%, 05/31/2029 |
|
|
245,408 |
|
|
|
13,372 |
|
7.750%, 05/29/2031 |
|
|
270,909 |
|
|
|
14,072 |
|
Mexican Bonos, Ser M30 |
|
|
|
|
|
|
|
|
8.500%, 11/18/2038 |
|
|
202,143 |
|
|
|
10,685 |
|
Mexican Udibonos |
|
|
|
|
|
|
|
|
3.500%, 11/16/2023 |
|
|
72,009 |
|
|
|
3,889 |
|
Mexico Cetes |
|
|
|
|
|
|
|
|
0.000%, 02/06/2025 (D) |
|
|
607,111 |
|
|
|
2,737 |
|
Mexico City Airport Trust |
|
|
|
|
|
|
|
|
5.500%, 07/31/2047 (A) |
|
$ |
715 |
|
|
|
551 |
|
Mexico Government International Bond |
|
|
|
|
|
|
|
|
6.350%, 02/09/2035 |
|
|
1,179 |
|
|
|
1,252 |
|
5.400%, 02/09/2028 |
|
|
836 |
|
|
|
861 |
|
4.875%, 05/19/2033 |
|
|
863 |
|
|
|
826 |
|
4.750%, 04/27/2032 |
|
|
487 |
|
|
|
467 |
|
4.600%, 02/10/2048 (E) |
|
|
394 |
|
|
|
321 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
4.500%, 04/22/2029 |
|
$ |
477 |
|
|
$ |
466 |
|
4.280%, 08/14/2041 |
|
|
676 |
|
|
|
552 |
|
3.750%, 04/19/2071 |
|
|
705 |
|
|
|
468 |
|
3.500%, 02/12/2034 |
|
|
203 |
|
|
|
172 |
|
2.659%, 05/24/2031 (E) |
|
|
4,401 |
|
|
|
3,673 |
|
2.375%, 02/11/2030 |
|
EUR |
800 |
|
|
|
761 |
|
Mexico Government International Bond MTN |
|
|
|
|
|
|
|
|
5.750%, 10/12/2110 (E) |
|
$ |
2,606 |
|
|
|
2,328 |
|
4.750%, 03/08/2044 |
|
|
386 |
|
|
|
328 |
|
Minera Mexico |
|
|
|
|
|
|
|
|
4.500%, 01/26/2050 (A) |
|
|
627 |
|
|
|
478 |
|
Petroleos Mexicanos |
|
|
|
|
|
|
|
|
10.000%, 02/07/2033 (A)(E) |
|
|
7,703 |
|
|
|
7,384 |
|
7.690%, 01/23/2050 |
|
|
301 |
|
|
|
212 |
|
7.690%, 01/23/2050 (A) |
|
|
427 |
|
|
|
301 |
|
6.950%, 01/28/2060 (A) |
|
|
308 |
|
|
|
199 |
|
6.700%, 02/16/2032 |
|
|
439 |
|
|
|
350 |
|
6.625%, 06/15/2035 |
|
|
3,100 |
|
|
|
2,261 |
|
6.500%, 03/13/2027 |
|
|
1,599 |
|
|
|
1,453 |
|
6.500%, 01/23/2029 (A) |
|
|
285 |
|
|
|
245 |
|
6.500%, 01/23/2029 (E) |
|
|
955 |
|
|
|
821 |
|
6.500%, 06/02/2041 |
|
|
279 |
|
|
|
186 |
|
6.490%, 01/23/2027 |
|
|
1,301 |
|
|
|
1,180 |
|
6.375%, 01/23/2045 |
|
|
710 |
|
|
|
448 |
|
6.350%, 02/12/2048 |
|
|
678 |
|
|
|
417 |
|
6.350%, 02/12/2048 (A) |
|
|
430 |
|
|
|
265 |
|
6.350%, 02/12/2048 |
|
|
370 |
|
|
|
228 |
|
5.950%, 01/28/2031 |
|
|
1,490 |
|
|
|
1,140 |
|
5.950%, 01/28/2031 (A) |
|
|
540 |
|
|
|
413 |
|
5.950%, 01/28/2031 |
|
|
200 |
|
|
|
153 |
|
5.350%, 02/12/2028 (A) |
|
|
279 |
|
|
|
236 |
|
Petroleos Mexicanos MTN |
|
|
|
|
|
|
|
|
6.875%, 08/04/2026 |
|
|
485 |
|
|
|
461 |
|
6.750%, 09/21/2047 |
|
|
1,248 |
|
|
|
811 |
|
6.750%, 09/21/2047 |
|
|
553 |
|
|
|
359 |
|
4.875%, 02/21/2028 |
|
EUR |
755 |
|
|
|
683 |
|
Poinsettia Finance |
|
|
|
|
|
|
|
|
6.625%, 06/17/2031 |
|
$ |
5,230 |
|
|
|
4,341 |
|
| |
|
|
|
|
|
|
128,087 |
|
| |
|
|
|
|
|
|
|
|
Mongolia — 0.4% |
|
|
|
|
Development Bank of Mongolia |
|
|
|
|
|
|
|
|
7.250%, 10/23/2023 (A) |
|
|
784 |
|
|
|
761 |
|
Mongolia Government International Bond |
|
|
|
|
|
|
|
|
8.650%, 01/19/2028 (A) |
|
|
237 |
|
|
|
232 |
|
8.650%, 01/19/2028 |
|
|
208 |
|
|
|
204 |
|
5.125%, 04/07/2026 |
|
|
781 |
|
|
|
685 |
|
3.500%, 07/07/2027 |
|
|
1,101 |
|
|
|
870 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Mongolia Government International Bond MTN |
|
|
|
|
|
|
|
|
8.750%, 03/09/2024 |
|
$ |
2,651 |
|
|
$ |
2,651 |
|
| |
|
|
|
|
|
|
5,403 |
|
| |
|
|
|
|
|
|
|
|
Morocco — 0.3% |
|
|
|
|
Morocco Government International Bond |
|
|
|
|
|
|
|
|
6.500%, 09/08/2033 (A) |
|
|
927 |
|
|
|
955 |
|
6.500%, 09/08/2033 |
|
|
780 |
|
|
|
804 |
|
5.950%, 03/08/2028 (A) |
|
|
1,873 |
|
|
|
1,914 |
|
5.500%, 12/11/2042 |
|
|
600 |
|
|
|
518 |
|
4.000%, 12/15/2050 |
|
|
305 |
|
|
|
207 |
|
| |
|
|
|
|
|
|
4,398 |
|
| |
|
|
|
|
|
|
|
|
Mozambique — 0.1% |
|
|
|
|
Mozambique International Bond |
|
|
|
|
|
|
|
|
5.000%, 09/15/2031 (A)(C) |
|
|
1,356 |
|
|
|
967 |
|
5.000%, 09/15/2031 (C) |
|
|
200 |
|
|
|
143 |
|
| |
|
|
|
|
|
|
1,110 |
|
| |
|
|
|
|
|
|
|
|
Nigeria — 1.0% |
|
|
|
|
IHS Netherlands Holdco |
|
|
|
|
|
|
|
|
8.000%, 09/18/2027 (A) |
|
|
299 |
|
|
|
264 |
|
Nigeria Government International Bond |
|
|
|
|
|
|
|
|
9.248%, 01/21/2049 (E) |
|
|
322 |
|
|
|
234 |
|
8.747%, 01/21/2031 |
|
|
856 |
|
|
|
687 |
|
7.875%, 02/16/2032 |
|
|
923 |
|
|
|
694 |
|
7.696%, 02/23/2038 |
|
|
1,811 |
|
|
|
1,211 |
|
7.696%, 02/23/2038 (A) |
|
|
601 |
|
|
|
402 |
|
Nigeria Government International Bond MTN |
|
|
|
|
|
|
|
|
8.375%, 03/24/2029 (A) |
|
|
1,578 |
|
|
|
1,298 |
|
8.375%, 03/24/2029 |
|
|
2,773 |
|
|
|
2,281 |
|
8.250%, 09/28/2051 |
|
|
709 |
|
|
|
468 |
|
8.250%, 09/28/2051 (A) |
|
|
414 |
|
|
|
273 |
|
7.375%, 09/28/2033 |
|
|
2,504 |
|
|
|
1,769 |
|
7.375%, 09/28/2033 (A) |
|
|
2,470 |
|
|
|
1,744 |
|
6.500%, 11/28/2027 (A) |
|
|
287 |
|
|
|
233 |
|
6.125%, 09/28/2028 (A) |
|
|
601 |
|
|
|
467 |
|
| |
|
|
|
|
|
|
12,025 |
|
| |
|
|
|
|
|
|
|
|
Oman — 1.0% |
|
|
|
|
Oman Government International Bond |
|
|
|
|
|
|
|
|
7.000%, 01/25/2051 (E) |
|
|
999 |
|
|
|
971 |
|
6.750%, 10/28/2027 (A) |
|
|
1,094 |
|
|
|
1,142 |
|
6.750%, 10/28/2027 |
|
|
3,535 |
|
|
|
3,690 |
|
6.750%, 01/17/2048 (E) |
|
|
3,039 |
|
|
|
2,868 |
|
6.750%, 01/17/2048 (A) |
|
|
367 |
|
|
|
346 |
|
6.500%, 03/08/2047 (A) |
|
|
611 |
|
|
|
561 |
|
6.250%, 01/25/2031 (E) |
|
|
1,188 |
|
|
|
1,208 |
|
5.625%, 01/17/2028 (A) |
|
|
1,422 |
|
|
|
1,419 |
|
Oman Government International Bond MTN |
|
|
|
|
|
|
|
|
6.000%, 08/01/2029 (A) |
|
|
245 |
|
|
|
246 |
|
| |
|
|
|
|
|
|
12,451 |
|
| |
|
|
|
|
|
|
|
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Pakistan — 0.2% |
|
|
|
|
Pakistan Government International Bond |
|
|
|
|
|
|
|
|
8.250%, 09/30/2025 |
|
$ |
1,000 |
|
|
$ |
389 |
|
6.875%, 12/05/2027 |
|
|
652 |
|
|
|
231 |
|
Pakistan Government International Bond MTN |
|
|
|
|
|
|
|
|
7.375%, 04/08/2031 |
|
|
2,166 |
|
|
|
764 |
|
6.000%, 04/08/2026 (A) |
|
|
2,351 |
|
|
|
852 |
|
| |
|
|
|
|
|
|
2,236 |
|
| |
|
|
|
|
|
|
|
|
Panama — 1.6% |
|
|
|
|
Aeropuerto Internacional de Tocumen |
|
|
|
|
|
|
|
|
5.125%, 08/11/2061 (A) |
|
|
311 |
|
|
|
241 |
|
AES Panama Generation Holdings SRL |
|
|
|
|
|
|
|
|
4.375%, 05/31/2030 (A) |
|
|
492 |
|
|
|
423 |
|
Banco Nacional de Panama |
|
|
|
|
|
|
|
|
2.500%, 08/11/2030 (A)(E) |
|
|
791 |
|
|
|
614 |
|
Empresa de Transmision Electrica |
|
|
|
|
|
|
|
|
5.125%, 05/02/2049 (A) |
|
|
635 |
|
|
|
510 |
|
Panama Government International Bond |
|
|
|
|
|
|
|
|
9.375%, 04/01/2029 |
|
|
514 |
|
|
|
629 |
|
8.125%, 04/28/2034 |
|
|
478 |
|
|
|
554 |
|
6.853%, 03/28/2054 |
|
|
1,872 |
|
|
|
1,919 |
|
6.700%, 01/26/2036 |
|
|
735 |
|
|
|
777 |
|
6.400%, 02/14/2035 |
|
|
7,342 |
|
|
|
7,646 |
|
4.500%, 04/16/2050 |
|
|
735 |
|
|
|
559 |
|
4.500%, 04/01/2056 |
|
|
2,043 |
|
|
|
1,517 |
|
4.500%, 01/19/2063 |
|
|
2,551 |
|
|
|
1,836 |
|
4.300%, 04/29/2053 |
|
|
200 |
|
|
|
146 |
|
3.750%, 03/16/2025 |
|
|
600 |
|
|
|
584 |
|
2.252%, 09/29/2032 |
|
|
2,867 |
|
|
|
2,194 |
|
Telecomunicaciones Digitales |
|
|
|
|
|
|
|
|
4.500%, 01/30/2030 (A) |
|
|
208 |
|
|
|
172 |
|
| |
|
|
|
|
|
|
20,321 |
|
| |
|
|
|
|
|
|
|
|
Papua New Guinea — 0.0% |
|
|
|
|
Papua New Guinea Government International Bond |
|
|
|
|
|
|
|
|
8.375%, 10/04/2028 |
|
|
282 |
|
|
|
257 |
|
8.375%, 10/04/2028 (A) |
|
|
275 |
|
|
|
251 |
|
| |
|
|
|
|
|
|
508 |
|
| |
|
|
|
|
|
|
|
|
Paraguay — 0.3% |
|
|
|
|
Bioceanico Sovereign Certificate Ltd |
|
|
|
|
|
|
|
|
0.000%, 06/05/2034 (D) |
|
|
1,241 |
|
|
|
828 |
|
Paraguay Government International Bond |
|
|
|
|
|
|
|
|
6.100%, 08/11/2044 |
|
|
1,060 |
|
|
|
1,026 |
|
5.600%, 03/13/2048 |
|
|
903 |
|
|
|
800 |
|
5.400%, 03/30/2050 |
|
|
571 |
|
|
|
492 |
|
4.950%, 04/28/2031 |
|
|
440 |
|
|
|
426 |
|
2.739%, 01/29/2033 |
|
|
874 |
|
|
|
707 |
|
| |
|
|
|
|
|
|
4,279 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Peru — 3.3% |
|
|
|
|
Atlantica Transmision Sur |
|
|
|
|
|
|
|
|
6.875%, 04/30/2043 (A) |
|
$ |
259 |
|
|
$ |
243 |
|
Fondo MIVIVIENDA |
|
|
|
|
|
|
|
|
7.000%, 02/14/2024 (A) |
|
PEN |
3,704 |
|
|
|
970 |
|
Kallpa Generacion (A) |
|
|
|
|
|
|
|
|
4.875%, 05/24/2026 |
|
$ |
263 |
|
|
|
253 |
|
4.125%, 08/16/2027 |
|
|
936 |
|
|
|
869 |
|
Peru Government Bond |
|
|
|
|
|
|
|
|
6.950%, 08/12/2031 |
|
PEN |
2,670 |
|
|
|
691 |
|
5.350%, 08/12/2040 |
|
|
2,134 |
|
|
|
443 |
|
5.200%, 09/12/2023 |
|
|
800 |
|
|
|
211 |
|
Peruvian Government International Bond |
|
|
|
|
|
|
|
|
8.750%, 11/21/2033 |
|
$ |
490 |
|
|
|
616 |
|
8.200%, 08/12/2026 |
|
PEN |
15 |
|
|
|
4 |
|
6.950%, 08/12/2031 |
|
|
9,883 |
|
|
|
2,558 |
|
6.900%, 08/12/2037 |
|
|
1,171 |
|
|
|
291 |
|
6.900%, 08/12/2037 |
|
|
3,326 |
|
|
|
828 |
|
6.850%, 02/12/2042 |
|
|
613 |
|
|
|
150 |
|
6.350%, 08/12/2028 |
|
|
1,880 |
|
|
|
487 |
|
6.350%, 08/12/2028 |
|
|
9,762 |
|
|
|
2,531 |
|
6.150%, 08/12/2032 |
|
|
27,794 |
|
|
|
6,750 |
|
5.940%, 02/12/2029 |
|
|
15,888 |
|
|
|
3,987 |
|
5.400%, 08/12/2034 (E) |
|
|
17,315 |
|
|
|
3,860 |
|
5.400%, 08/12/2034 |
|
|
1,243 |
|
|
|
277 |
|
3.750%, 03/01/2030 |
|
EUR |
200 |
|
|
|
207 |
|
3.300%, 03/11/2041 |
|
$ |
745 |
|
|
|
558 |
|
3.230%, 07/28/2121 |
|
|
1,949 |
|
|
|
1,159 |
|
3.000%, 01/15/2034 |
|
|
1,368 |
|
|
|
1,115 |
|
2.783%, 01/23/2031 |
|
|
3,713 |
|
|
|
3,169 |
|
2.392%, 01/23/2026 |
|
|
712 |
|
|
|
671 |
|
1.950%, 11/17/2036 |
|
EUR |
1,550 |
|
|
|
1,179 |
|
1.250%, 03/11/2033 |
|
|
2,088 |
|
|
|
1,635 |
|
Petroleos del Peru |
|
|
|
|
|
|
|
|
5.625%, 06/19/2047 |
|
$ |
6,268 |
|
|
|
4,060 |
|
5.625%, 06/19/2047 (A) |
|
|
812 |
|
|
|
526 |
|
4.750%, 06/19/2032 (A) |
|
|
1,201 |
|
|
|
893 |
|
4.750%, 06/19/2032 |
|
|
754 |
|
|
|
560 |
|
| |
|
|
|
|
|
|
41,751 |
|
| |
|
|
|
|
|
|
|
|
Philippines — 1.1% |
|
|
|
|
Philippine Government International Bond |
|
|
|
|
|
|
|
|
6.375%, 10/23/2034 |
|
|
200 |
|
|
|
224 |
|
5.609%, 04/13/2033 |
|
|
210 |
|
|
|
223 |
|
5.500%, 01/17/2048 |
|
|
4,041 |
|
|
|
4,113 |
|
5.170%, 10/13/2027 |
|
|
499 |
|
|
|
511 |
|
5.000%, 07/17/2033 |
|
|
1,751 |
|
|
|
1,778 |
|
5.000%, 01/13/2037 |
|
|
464 |
|
|
|
464 |
|
4.625%, 07/17/2028 |
|
|
465 |
|
|
|
467 |
|
2.950%, 05/05/2045 |
|
|
824 |
|
|
|
591 |
|
2.650%, 12/10/2045 |
|
|
884 |
|
|
|
605 |
|
1.950%, 01/06/2032 |
|
|
4,816 |
|
|
|
3,904 |
|
1.750%, 04/28/2041 |
|
EUR |
402 |
|
|
|
275 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
1.648%, 06/10/2031 |
|
$ |
1,328 |
|
|
$ |
1,063 |
|
| |
|
|
|
|
|
|
14,218 |
|
| |
|
|
|
|
|
|
|
|
Poland — 3.3% |
|
|
|
|
Bank Gospodarstwa Krajowego MTN |
|
|
|
|
|
|
|
|
5.125%, 02/22/2033 |
|
EUR |
805 |
|
|
|
891 |
|
Republic of Poland Government Bond |
|
|
|
|
|
|
|
|
7.500%, 07/25/2028 |
|
PLN |
9,759 |
|
|
|
2,404 |
|
3.750%, 05/25/2027 |
|
|
16,154 |
|
|
|
3,429 |
|
3.250%, 07/25/2025 |
|
|
8,670 |
|
|
|
1,894 |
|
2.750%, 04/25/2028 |
|
|
11,527 |
|
|
|
2,306 |
|
2.750%, 10/25/2029 |
|
|
19,891 |
|
|
|
3,825 |
|
2.500%, 07/25/2026 |
|
|
31,680 |
|
|
|
6,590 |
|
2.500%, 07/25/2027 |
|
|
10,957 |
|
|
|
2,212 |
|
1.750%, 04/25/2032 |
|
|
38,099 |
|
|
|
6,262 |
|
1.250%, 10/25/2030 |
|
|
23,736 |
|
|
|
3,954 |
|
0.250%, 10/25/2026 |
|
|
5,105 |
|
|
|
971 |
|
Republic of Poland Government International Bond |
|
|
|
|
|
|
|
|
5.750%, 11/16/2032 |
|
$ |
2,310 |
|
|
|
2,454 |
|
5.500%, 11/16/2027 |
|
|
774 |
|
|
|
806 |
|
5.500%, 04/04/2053 |
|
|
3,320 |
|
|
|
3,360 |
|
4.875%, 10/04/2033 |
|
|
291 |
|
|
|
290 |
|
Republic of Poland Government International Bond MTN |
|
|
|
|
|
|
|
|
4.250%, 02/14/2043 |
|
EUR |
353 |
|
|
|
371 |
|
| |
|
|
|
|
|
|
42,019 |
|
| |
|
|
|
|
|
|
|
|
Qatar — 1.4% |
|
|
|
|
Ooredoo International Finance MTN |
|
|
|
|
|
|
|
|
2.625%, 04/08/2031 (A) |
|
$ |
363 |
|
|
|
315 |
|
Qatar Government International Bond |
|
|
|
|
|
|
|
|
5.103%, 04/23/2048 |
|
|
567 |
|
|
|
576 |
|
4.817%, 03/14/2049 (A) |
|
|
1,634 |
|
|
|
1,599 |
|
4.817%, 03/14/2049 |
|
|
3,375 |
|
|
|
3,304 |
|
4.500%, 04/23/2028 |
|
|
1,149 |
|
|
|
1,166 |
|
4.400%, 04/16/2050 (A) |
|
|
1,411 |
|
|
|
1,304 |
|
4.400%, 04/16/2050 |
|
|
2,827 |
|
|
|
2,613 |
|
4.000%, 03/14/2029 (A) |
|
|
759 |
|
|
|
754 |
|
3.750%, 04/16/2030 |
|
|
861 |
|
|
|
841 |
|
3.750%, 04/16/2030 (A) |
|
|
2,152 |
|
|
|
2,101 |
|
QatarEnergy |
|
|
|
|
|
|
|
|
3.300%, 07/12/2051 (A) |
|
|
234 |
|
|
|
174 |
|
3.125%, 07/12/2041 (A) |
|
|
292 |
|
|
|
228 |
|
2.250%, 07/12/2031 (A) |
|
|
705 |
|
|
|
598 |
|
2.250%, 07/12/2031 |
|
|
2,229 |
|
|
|
1,892 |
|
| |
|
|
|
|
|
|
17,465 |
|
| |
|
|
|
|
|
|
|
|
Romania — 2.7% |
|
|
|
|
Romania Government Bond |
|
|
|
|
|
|
|
|
8.250%, 09/29/2032 |
|
RON |
6,905 |
|
|
|
1,585 |
|
6.700%, 02/25/2032 |
|
|
24,775 |
|
|
|
5,157 |
|
4.850%, 07/25/2029 |
|
|
10,185 |
|
|
|
1,951 |
|
4.750%, 10/11/2034 |
|
|
2,535 |
|
|
|
437 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
4.150%, 10/24/2030 |
|
RON |
2,875 |
|
|
$ |
513 |
|
3.650%, 07/28/2025 |
|
|
12,120 |
|
|
|
2,472 |
|
3.650%, 09/24/2031 |
|
|
3,545 |
|
|
|
595 |
|
3.250%, 06/24/2026 |
|
|
3,585 |
|
|
|
698 |
|
2.500%, 10/25/2027 |
|
|
12,395 |
|
|
|
2,225 |
|
Romanian Government International Bond |
|
|
|
|
|
|
|
|
7.625%, 01/17/2053 (A) |
|
$ |
624 |
|
|
|
667 |
|
7.125%, 01/17/2033 (A) |
|
|
1,540 |
|
|
|
1,632 |
|
7.125%, 01/17/2033 |
|
|
754 |
|
|
|
799 |
|
6.625%, 02/17/2028 (A)(E) |
|
|
606 |
|
|
|
628 |
|
5.250%, 11/25/2027 (A) |
|
|
740 |
|
|
|
727 |
|
5.250%, 11/25/2027 |
|
|
384 |
|
|
|
377 |
|
5.125%, 06/15/2048 |
|
|
244 |
|
|
|
204 |
|
4.000%, 02/14/2051 |
|
|
1,394 |
|
|
|
972 |
|
3.624%, 05/26/2030 |
|
EUR |
409 |
|
|
|
376 |
|
2.625%, 12/02/2040 (A) |
|
|
1,164 |
|
|
|
731 |
|
2.000%, 04/14/2033 (A) |
|
|
179 |
|
|
|
132 |
|
Romanian Government International Bond MTN |
|
|
|
|
|
|
|
|
7.625%, 01/17/2053 |
|
$ |
324 |
|
|
|
346 |
|
6.625%, 09/27/2029 |
|
EUR |
260 |
|
|
|
288 |
|
4.625%, 04/03/2049 (E) |
|
|
1,242 |
|
|
|
1,000 |
|
4.125%, 03/11/2039 |
|
|
610 |
|
|
|
490 |
|
3.875%, 10/29/2035 |
|
|
1,700 |
|
|
|
1,406 |
|
3.750%, 02/07/2034 |
|
|
2,450 |
|
|
|
2,075 |
|
3.375%, 02/08/2038 (A) |
|
|
1,163 |
|
|
|
877 |
|
3.375%, 01/28/2050 |
|
|
1,600 |
|
|
|
1,048 |
|
2.875%, 05/26/2028 (E) |
|
|
261 |
|
|
|
249 |
|
2.875%, 04/13/2042 |
|
|
675 |
|
|
|
428 |
|
2.875%, 04/13/2042 (A) |
|
|
260 |
|
|
|
165 |
|
2.500%, 02/08/2030 (A) |
|
|
657 |
|
|
|
571 |
|
2.125%, 03/07/2028 |
|
|
715 |
|
|
|
662 |
|
2.124%, 07/16/2031 |
|
|
471 |
|
|
|
371 |
|
2.000%, 01/28/2032 |
|
|
960 |
|
|
|
734 |
|
2.000%, 04/14/2033 |
|
|
990 |
|
|
|
732 |
|
| |
|
|
|
|
|
|
34,320 |
|
| |
|
|
|
|
|
|
|
|
Russia — 0.0% |
|
|
|
|
Russian Federal Bond - OFZ |
|
|
|
|
|
|
|
|
8.150%, 02/03/2027 (G) |
|
RUB |
87,350 |
|
|
|
56 |
|
7.050%, 01/19/2028 (G) |
|
|
271,518 |
|
|
|
175 |
|
7.000%, 07/30/2036 (G) |
|
|
86,250 |
|
|
|
55 |
|
6.900%, 07/23/2031 (G) |
|
|
32,372 |
|
|
|
21 |
|
6.700%, 03/14/2029 (G) |
|
|
35,842 |
|
|
|
23 |
|
Russian Foreign Bond - Eurobond |
|
|
|
|
|
|
|
|
7.500%, 03/31/2030 (G) |
|
$ |
– |
|
|
|
– |
|
4.375%, 03/21/2029 (G) |
|
|
3,000 |
|
|
|
150 |
|
Vnesheconombank Via VEB Finance |
|
|
|
|
|
|
|
|
6.800%, 11/22/2025 |
|
|
580 |
|
|
|
32 |
|
6.800%, 11/22/2025 (A) |
|
|
150 |
|
|
|
8 |
|
| |
|
|
|
|
|
|
520 |
|
| |
|
|
|
|
|
|
|
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Saudi Arabia — 1.7% |
|
|
|
|
EIG Pearl Holdings Sarl |
|
|
|
|
|
|
|
|
3.545%, 08/31/2036 (A) |
|
$ |
457 |
|
|
$ |
390 |
|
Gaci First Investment |
|
|
|
|
|
|
|
|
5.250%, 10/13/2032 (E) |
|
|
2,875 |
|
|
|
2,979 |
|
Global Sukuk |
|
|
|
|
|
|
|
|
1.602%, 06/17/2026 (E) |
|
|
847 |
|
|
|
774 |
|
Saudi Arabian Oil MTN |
|
|
|
|
|
|
|
|
4.250%, 04/16/2039 (A) |
|
|
920 |
|
|
|
824 |
|
4.250%, 04/16/2039 |
|
|
160 |
|
|
|
143 |
|
Saudi Government International Bond |
|
|
|
|
|
|
|
|
5.500%, 10/25/2032 (A) |
|
|
1,710 |
|
|
|
1,824 |
|
5.250%, 01/16/2050 |
|
|
680 |
|
|
|
659 |
|
4.375%, 04/16/2029 |
|
|
2,212 |
|
|
|
2,206 |
|
Saudi Government International Bond MTN |
|
|
|
|
|
|
|
|
5.000%, 04/17/2049 (A) |
|
|
724 |
|
|
|
674 |
|
5.000%, 01/18/2053 (A) |
|
|
3,287 |
|
|
|
3,055 |
|
4.750%, 01/18/2028 (A) |
|
|
1,692 |
|
|
|
1,711 |
|
4.625%, 10/04/2047 (A) |
|
|
2,683 |
|
|
|
2,388 |
|
4.500%, 10/26/2046 |
|
|
400 |
|
|
|
351 |
|
2.250%, 02/02/2033 (A) |
|
|
2,776 |
|
|
|
2,278 |
|
TMS Issuer Sarl |
|
|
|
|
|
|
|
|
5.780%, 08/23/2032 (A)(E) |
|
|
1,048 |
|
|
|
1,089 |
|
| |
|
|
|
|
|
|
21,345 |
|
| |
|
|
|
|
|
|
|
|
Senegal — 0.2% |
|
|
|
|
Senegal Government International Bond |
|
|
|
|
|
|
|
|
6.750%, 03/13/2048 |
|
|
1,450 |
|
|
|
1,002 |
|
5.375%, 06/08/2037 (A) |
|
EUR |
1,303 |
|
|
|
906 |
|
4.750%, 03/13/2028 (A) |
|
|
239 |
|
|
|
218 |
|
4.750%, 03/13/2028 |
|
|
181 |
|
|
|
165 |
|
| |
|
|
|
|
|
|
2,291 |
|
| |
|
|
|
|
|
|
|
|
Serbia — 0.5% |
|
|
|
|
Serbia International Bond |
|
|
|
|
|
|
|
|
6.500%, 09/26/2033 (A) |
|
$ |
456 |
|
|
|
453 |
|
6.500%, 09/26/2033 |
|
|
413 |
|
|
|
410 |
|
6.250%, 05/26/2028 (A) |
|
|
426 |
|
|
|
430 |
|
3.125%, 05/15/2027 |
|
EUR |
320 |
|
|
|
313 |
|
1.650%, 03/03/2033 |
|
|
522 |
|
|
|
373 |
|
1.500%, 06/26/2029 |
|
|
2,863 |
|
|
|
2,369 |
|
Serbia International Bond MTN |
|
|
|
|
|
|
|
|
2.050%, 09/23/2036 |
|
|
1,389 |
|
|
|
909 |
|
Serbia Treasury Bonds |
|
|
|
|
|
|
|
|
5.875%, 02/08/2028 |
|
RSD |
43,860 |
|
|
|
406 |
|
4.500%, 01/11/2026 |
|
|
15,250 |
|
|
|
137 |
|
4.500%, 08/20/2032 |
|
|
10,270 |
|
|
|
80 |
|
| |
|
|
|
|
|
|
5,880 |
|
| |
|
|
|
|
|
|
|
|
South Africa — 5.8% |
|
|
|
|
Bidvest Group UK PLC |
|
|
|
|
|
|
|
|
3.625%, 09/23/2026 (A) |
|
$ |
344 |
|
|
|
311 |
|
Eskom Holdings SOC |
|
|
|
|
|
|
|
|
7.125%, 02/11/2025 (A) |
|
|
1,843 |
|
|
|
1,804 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
4.314%, 07/23/2027 |
|
$ |
1,189 |
|
|
$ |
1,057 |
|
Eskom Holdings SOC MTN |
|
|
|
|
|
|
|
|
8.450%, 08/10/2028 (A) |
|
|
391 |
|
|
|
379 |
|
7.500%, 09/15/2033 |
|
ZAR |
35,200 |
|
|
|
1,456 |
|
6.750%, 08/06/2023 (A) |
|
$ |
1,063 |
|
|
|
1,054 |
|
Republic of South Africa |
|
|
|
|
|
|
|
|
10.500%, 12/21/2026 |
|
ZAR |
155,324 |
|
|
|
9,310 |
|
9.000%, 01/31/2040 |
|
|
47,507 |
|
|
|
2,176 |
|
8.875%, 02/28/2035 |
|
|
176,421 |
|
|
|
8,521 |
|
8.750%, 01/31/2044 |
|
|
120,088 |
|
|
|
5,242 |
|
8.750%, 02/28/2048 |
|
|
144,863 |
|
|
|
6,233 |
|
8.500%, 01/31/2037 |
|
|
117,427 |
|
|
|
5,322 |
|
8.250%, 03/31/2032 |
|
|
94,762 |
|
|
|
4,656 |
|
8.000%, 01/31/2030 |
|
|
50,429 |
|
|
|
2,587 |
|
7.000%, 02/28/2031 |
|
|
153,394 |
|
|
|
7,151 |
|
6.500%, 02/28/2041 |
|
|
23,055 |
|
|
|
817 |
|
6.300%, 06/22/2048 |
|
$ |
240 |
|
|
|
191 |
|
6.250%, 03/31/2036 |
|
ZAR |
62,855 |
|
|
|
2,377 |
|
5.875%, 09/16/2025 |
|
$ |
852 |
|
|
|
851 |
|
5.750%, 09/30/2049 |
|
|
4,734 |
|
|
|
3,468 |
|
5.650%, 09/27/2047 |
|
|
946 |
|
|
|
698 |
|
4.850%, 09/27/2027 (E) |
|
|
420 |
|
|
|
400 |
|
4.300%, 10/12/2028 |
|
|
723 |
|
|
|
648 |
|
Republic of South Africa Government International Bond |
|
|
|
|
|
|
|
|
7.300%, 04/20/2052 |
|
|
2,286 |
|
|
|
1,983 |
|
5.875%, 04/20/2032 (E) |
|
|
2,591 |
|
|
|
2,352 |
|
Sasol Financing USA |
|
|
|
|
|
|
|
|
6.500%, 09/27/2028 |
|
|
360 |
|
|
|
336 |
|
5.875%, 03/27/2024 |
|
|
442 |
|
|
|
437 |
|
4.375%, 09/18/2026 |
|
|
351 |
|
|
|
317 |
|
Transnet SOC |
|
|
|
|
|
|
|
|
8.250%, 02/06/2028 (A)(E) |
|
|
1,208 |
|
|
|
1,202 |
|
| |
|
|
|
|
|
|
73,336 |
|
| |
|
|
|
|
|
|
|
|
South Korea — 0.8% |
|
|
|
|
Export-Import Bank of Korea |
|
|
|
|
|
|
|
|
5.125%, 01/11/2033 |
|
|
204 |
|
|
|
212 |
|
Export-Import Bank of Korea MTN |
|
|
|
|
|
|
|
|
8.000%, 05/15/2024 |
|
IDR |
8,800,000 |
|
|
|
596 |
|
7.250%, 12/07/2024 |
|
|
700,000 |
|
|
|
47 |
|
5.750%, 03/05/2024 |
|
|
12,200,000 |
|
|
|
807 |
|
Korea Treasury Bond |
|
|
|
|
|
|
|
|
3.125%, 09/10/2027 |
|
KRW |
10,654,590 |
|
|
|
8,140 |
|
| |
|
|
|
|
|
|
9,802 |
|
| |
|
|
|
|
|
|
|
|
Sri Lanka — 0.5% |
|
|
|
|
Sri Lanka Government International Bond |
|
|
|
|
|
|
|
|
7.850%, 03/14/2029 (G) |
|
$ |
1,598 |
|
|
|
559 |
|
7.550%, 03/28/2030 (G) |
|
|
1,255 |
|
|
|
439 |
|
6.850%, 03/14/2024 (G) |
|
|
512 |
|
|
|
180 |
|
6.850%, 11/03/2025 (G) |
|
|
1,339 |
|
|
|
485 |
|
6.825%, 07/18/2026 (A)(G) |
|
|
909 |
|
|
|
330 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
6.825%, 07/18/2026 (G) |
|
$ |
500 |
|
|
$ |
181 |
|
6.750%, 04/18/2028 (G) |
|
|
2,648 |
|
|
|
927 |
|
6.750%, 04/18/2028 (A)(G) |
|
|
5,379 |
|
|
|
1,883 |
|
6.350%, 06/28/2024 (A)(G) |
|
|
864 |
|
|
|
305 |
|
6.200%, 05/11/2027 (G) |
|
|
1,924 |
|
|
|
674 |
|
5.750%, 04/18/2023 (G) |
|
|
434 |
|
|
|
153 |
|
| |
|
|
|
|
|
|
6,116 |
|
| |
|
|
|
|
|
|
|
|
Supra-National — 0.3% |
|
|
|
|
Africa Finance |
|
|
|
|
|
|
|
|
2.875%, 04/28/2028 (A) |
|
|
1,679 |
|
|
|
1,375 |
|
African Export-Import Bank |
|
|
|
|
|
|
|
|
3.798%, 05/17/2031 (A) |
|
|
200 |
|
|
|
161 |
|
African Export-Import Bank MTN |
|
|
|
|
|
|
|
|
3.994%, 09/21/2029 (A) |
|
|
363 |
|
|
|
305 |
|
Asian Infrastructure Investment Bank MTN |
|
|
|
|
|
|
|
|
0.000%, 02/08/2038 (D) |
|
MXN |
15,200 |
|
|
|
220 |
|
Banque Ouest Africaine de Developpement |
|
|
|
|
|
|
|
|
5.000%, 07/27/2027 (A) |
|
$ |
865 |
|
|
|
797 |
|
4.700%, 10/22/2031 (A) |
|
|
683 |
|
|
|
557 |
|
4.700%, 10/22/2031 |
|
|
280 |
|
|
|
229 |
|
European Bank for Reconstruction & Development MTN |
|
|
|
|
|
|
|
|
5.200%, 05/28/2024 |
|
IDR |
11,593,600 |
|
|
|
766 |
|
| |
|
|
|
|
|
|
4,410 |
|
| |
|
|
|
|
|
|
|
|
Taiwan — 0.1% |
|
|
|
|
TSMC Arizona |
|
|
|
|
|
|
|
|
4.250%, 04/22/2032 (E) |
|
$ |
444 |
|
|
|
440 |
|
3.250%, 10/25/2051 |
|
|
220 |
|
|
|
171 |
|
2.500%, 10/25/2031 |
|
|
200 |
|
|
|
172 |
|
| |
|
|
|
|
|
|
783 |
|
| |
|
|
|
|
|
|
|
|
Thailand — 2.5% |
|
|
|
|
GC Treasury Center MTN |
|
|
|
|
|
|
|
|
4.300%, 03/18/2051 (A) |
|
|
735 |
|
|
|
530 |
|
Thailand Government Bond |
|
|
|
|
|
|
|
|
5.670%, 03/13/2028 |
|
THB |
3,000 |
|
|
|
103 |
|
3.775%, 06/25/2032 |
|
|
12,597 |
|
|
|
412 |
|
3.650%, 06/20/2031 |
|
|
58,000 |
|
|
|
1,867 |
|
3.450%, 06/17/2043 |
|
|
75,234 |
|
|
|
2,387 |
|
3.400%, 06/17/2036 |
|
|
184,784 |
|
|
|
5,844 |
|
3.390%, 06/17/2037 |
|
|
3,000 |
|
|
|
95 |
|
3.300%, 06/17/2038 |
|
|
88,684 |
|
|
|
2,758 |
|
2.875%, 12/17/2028 |
|
|
19,665 |
|
|
|
599 |
|
2.875%, 06/17/2046 |
|
|
3,431 |
|
|
|
99 |
|
2.750%, 06/17/2052 |
|
|
1,861 |
|
|
|
51 |
|
2.650%, 06/17/2028 |
|
|
61,000 |
|
|
|
1,839 |
|
2.400%, 12/17/2023 |
|
|
35,000 |
|
|
|
1,030 |
|
2.125%, 12/17/2026 |
|
|
10,313 |
|
|
|
304 |
|
2.000%, 12/17/2031 |
|
|
101,883 |
|
|
|
2,906 |
|
2.000%, 06/17/2042 |
|
|
96,520 |
|
|
|
2,473 |
|
1.600%, 12/17/2029 |
|
|
7,000 |
|
|
|
197 |
|
1.600%, 06/17/2035 |
|
|
27,023 |
|
|
|
709 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
1.585%, 12/17/2035 |
|
THB |
73,597 |
|
|
$ |
1,916 |
|
1.450%, 12/17/2024 |
|
|
67,979 |
|
|
|
1,977 |
|
1.250%, 03/12/2028 |
|
|
56,563 |
|
|
|
1,814 |
|
1.000%, 06/17/2027 |
|
|
39,000 |
|
|
|
1,095 |
|
| |
|
|
|
|
|
|
31,005 |
|
| |
|
|
|
|
|
|
|
|
Tunisia — 0.3% |
|
|
|
|
Tunisian Republic |
|
|
|
|
|
|
|
|
6.375%, 07/15/2026 (A) |
|
EUR |
1,752 |
|
|
|
1,007 |
|
6.375%, 07/15/2026 |
|
|
622 |
|
|
|
358 |
|
5.750%, 01/30/2025 (E) |
|
$ |
636 |
|
|
|
359 |
|
5.625%, 02/17/2024 |
|
EUR |
2,477 |
|
|
|
1,956 |
|
| |
|
|
|
|
|
|
3,680 |
|
| |
|
|
|
|
|
|
|
|
Turkey — 1.8% |
|
|
|
|
Aydem Yenilenebilir Enerji |
|
|
|
|
|
|
|
|
7.750%, 02/02/2027 (A) |
|
$ |
655 |
|
|
|
553 |
|
Hazine Mustesarligi Varlik Kiralama |
|
|
|
|
|
|
|
|
7.250%, 02/24/2027 (A) |
|
|
2,508 |
|
|
|
2,408 |
|
5.125%, 06/22/2026 |
|
|
1,348 |
|
|
|
1,226 |
|
Turkey Government Bond |
|
|
|
|
|
|
|
|
1.500%, 06/18/2025 |
|
TRY |
11,317 |
|
|
|
2,003 |
|
Turkey Government International Bond |
|
|
|
|
|
|
|
|
9.375%, 03/14/2029 |
|
$ |
1,690 |
|
|
|
1,720 |
|
9.375%, 03/14/2029 |
|
|
758 |
|
|
|
772 |
|
6.875%, 03/17/2036 |
|
|
550 |
|
|
|
470 |
|
6.500%, 09/20/2033 |
|
|
711 |
|
|
|
606 |
|
6.375%, 10/14/2025 |
|
|
819 |
|
|
|
788 |
|
6.125%, 10/24/2028 |
|
|
1,295 |
|
|
|
1,164 |
|
5.950%, 01/15/2031 |
|
|
2,785 |
|
|
|
2,353 |
|
5.875%, 06/26/2031 |
|
|
2,181 |
|
|
|
1,813 |
|
5.750%, 05/11/2047 |
|
|
1,203 |
|
|
|
851 |
|
5.125%, 02/17/2028 |
|
|
711 |
|
|
|
621 |
|
4.875%, 10/09/2026 |
|
|
1,017 |
|
|
|
915 |
|
4.875%, 04/16/2043 |
|
|
2,960 |
|
|
|
1,957 |
|
Turkiye Ihracat Kredi Bankasi |
|
|
|
|
|
|
|
|
9.375%, 01/31/2026 (A) |
|
|
1,122 |
|
|
|
1,130 |
|
Turkiye Sise ve Cam Fabrikalari |
|
|
|
|
|
|
|
|
6.950%, 03/14/2026 (A) |
|
|
500 |
|
|
|
490 |
|
Yapi ve Kredi Bankasi MTN |
|
|
|
|
|
|
|
|
5.850%, 06/21/2024 (A) |
|
|
429 |
|
|
|
421 |
|
| |
|
|
|
|
|
|
22,261 |
|
| |
|
|
|
|
|
|
|
|
Uganda — 0.4% |
|
|
|
|
Republic of Uganda Government Bonds |
|
|
|
|
|
|
|
|
16.000%, 05/14/2037 |
|
UGX |
3,397,200 |
|
|
|
873 |
|
15.000%, 05/20/2032 |
|
|
10,975,900 |
|
|
|
2,831 |
|
14.250%, 06/22/2034 |
|
|
3,800,000 |
|
|
|
914 |
|
14.000%, 05/29/2025 |
|
|
1,793,400 |
|
|
|
475 |
|
| |
|
|
|
|
|
|
5,093 |
|
| |
|
|
|
|
|
|
|
|
Ukraine — 0.6% |
|
|
|
|
NAK Naftogaz Ukraine via Kondor Finance |
|
|
|
|
|
|
|
|
7.625%, 11/08/2026 (A)(G) |
|
$ |
990 |
|
|
|
190 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
7.125%, 07/19/2024 (G) |
|
EUR |
720 |
|
|
$ |
153 |
|
NPC Ukrenergo |
|
|
|
|
|
|
|
|
6.875%, 11/09/2026 (A)(G) |
|
$ |
1,031 |
|
|
|
163 |
|
State Agency of Roads of Ukraine |
|
|
|
|
|
|
|
|
6.250%, 06/24/2028 (G) |
|
|
1,016 |
|
|
|
175 |
|
6.250%, 06/24/2028 (A)(G) |
|
|
363 |
|
|
|
63 |
|
Ukraine Government Bond |
|
|
|
|
|
|
|
|
16.000%, 05/24/2023 |
|
UAH |
39,820 |
|
|
|
651 |
|
15.970%, 04/19/2023 |
|
|
39,820 |
|
|
|
651 |
|
Ukraine Government International Bond |
|
|
|
|
|
|
|
|
15.840%, 02/26/2025 (G) |
|
|
66,553 |
|
|
|
1,088 |
|
9.750%, 11/01/2028 (G) |
|
$ |
497 |
|
|
|
92 |
|
7.750%, 09/01/2023 (A)(G) |
|
|
24 |
|
|
|
5 |
|
7.750%, 09/01/2025 (A)(G) |
|
|
2,445 |
|
|
|
437 |
|
7.750%, 09/01/2026 (G) |
|
|
1,905 |
|
|
|
344 |
|
7.750%, 09/01/2026 (A)(G) |
|
|
636 |
|
|
|
115 |
|
7.750%, 09/01/2027 (G) |
|
|
1,425 |
|
|
|
256 |
|
7.750%, 09/01/2027 (A)(G) |
|
|
223 |
|
|
|
40 |
|
7.375%, 09/25/2032 (G) |
|
|
2,001 |
|
|
|
343 |
|
7.253%, 03/15/2033 (G) |
|
|
1,009 |
|
|
|
171 |
|
6.876%, 05/21/2029 (A)(G) |
|
|
281 |
|
|
|
48 |
|
6.876%, 05/21/2031 (G) |
|
|
6,242 |
|
|
|
1,068 |
|
6.750%, 06/20/2026 (G) |
|
EUR |
1,299 |
|
|
|
233 |
|
3.000%, 08/01/2041 (A)(B)(G) |
|
$ |
2,206 |
|
|
|
582 |
|
1.258%, 08/01/2041 (B)(G) |
|
|
410 |
|
|
|
108 |
|
| |
|
|
|
|
|
|
6,976 |
|
| |
|
|
|
|
|
|
|
|
United Arab Emirates — 1.6% |
|
|
|
|
Abu Dhabi Crude Oil Pipeline |
|
|
|
|
|
|
|
|
4.600%, 11/02/2047 |
|
|
1,010 |
|
|
|
941 |
|
4.600%, 11/02/2047 (A) |
|
|
2,523 |
|
|
|
2,349 |
|
3.650%, 11/02/2029 (A) |
|
|
207 |
|
|
|
194 |
|
Abu Dhabi Government International Bond |
|
|
|
|
|
|
|
|
3.125%, 09/30/2049 |
|
|
1,049 |
|
|
|
783 |
|
Abu Dhabi Government International Bond MTN |
|
|
|
|
|
|
|
|
3.000%, 09/15/2051 |
|
|
720 |
|
|
|
521 |
|
3.000%, 09/15/2051 (A) |
|
|
519 |
|
|
|
376 |
|
1.700%, 03/02/2031 |
|
|
496 |
|
|
|
418 |
|
1.625%, 06/02/2028 |
|
|
1,119 |
|
|
|
996 |
|
DAE Funding LLC |
|
|
|
|
|
|
|
|
3.375%, 03/20/2028 (A) |
|
|
550 |
|
|
|
494 |
|
DP World MTN (A) |
|
|
|
|
|
|
|
|
6.850%, 07/02/2037 (E) |
|
|
210 |
|
|
|
233 |
|
5.625%, 09/25/2048 |
|
|
439 |
|
|
|
424 |
|
4.700%, 09/30/2049 |
|
|
563 |
|
|
|
489 |
|
DP World Crescent MTN |
|
|
|
|
|
|
|
|
4.848%, 09/26/2028 (E) |
|
|
475 |
|
|
|
472 |
|
DP World Salaam |
|
|
|
|
|
|
|
|
6.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 5.750% (B)(F) |
|
|
877 |
|
|
|
871 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Emirate of Dubai Government International Bonds MTN |
|
|
|
|
|
|
|
|
3.900%, 09/09/2050 (E) |
|
$ |
490 |
|
|
$ |
354 |
|
Finance Department Government of Sharjah |
|
|
|
|
|
|
|
|
6.500%, 11/23/2032 (A) |
|
|
458 |
|
|
|
465 |
|
Finance Department Government of Sharjah MTN |
|
|
|
|
|
|
|
|
4.000%, 07/28/2050 (A) |
|
|
2,703 |
|
|
|
1,706 |
|
3.625%, 03/10/2033 |
|
|
282 |
|
|
|
228 |
|
Galaxy Pipeline Assets Bidco |
|
|
|
|
|
|
|
|
2.940%, 09/30/2040 (A) |
|
|
593 |
|
|
|
480 |
|
2.940%, 09/30/2040 |
|
|
3,622 |
|
|
|
2,930 |
|
2.625%, 03/31/2036 (A) |
|
|
580 |
|
|
|
476 |
|
2.160%, 03/31/2034 |
|
|
1,535 |
|
|
|
1,320 |
|
MDGH GMTN RSC |
|
|
|
|
|
|
|
|
5.500%, 04/28/2033 (A) |
|
|
775 |
|
|
|
822 |
|
MDGH GMTN RSC MTN |
|
|
|
|
|
|
|
|
4.500%, 11/07/2028 (A) |
|
|
548 |
|
|
|
545 |
|
3.950%, 05/21/2050 |
|
|
200 |
|
|
|
168 |
|
Sharjah Sukuk Program MTN |
|
|
|
|
|
|
|
|
3.854%, 04/03/2026 |
|
|
359 |
|
|
|
343 |
|
UAE International Government Bond MTN |
|
|
|
|
|
|
|
|
4.951%, 07/07/2052 |
|
|
332 |
|
|
|
335 |
|
| |
|
|
|
|
|
|
19,733 |
|
| |
|
|
|
|
|
|
|
|
United Kingdom — 0.0% |
|
|
|
|
Standard Chartered Bank MTN |
|
|
|
|
|
|
|
|
8.250%, 05/18/2029 (A) |
|
IDR |
861,000 |
|
|
|
62 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
United States — 0.4% |
|
|
|
|
JPMorgan Chase Bank MTN (A) |
|
|
|
|
|
|
|
|
7.500%, 06/15/2035 |
|
|
28,736,000 |
|
|
|
1,996 |
|
7.000%, 09/18/2030 (B) |
|
|
43,433,000 |
|
|
|
2,959 |
|
Sagicor Financial |
|
|
|
|
|
|
|
|
5.300%, 05/13/2028 |
|
$ |
520 |
|
|
|
492 |
|
| |
|
|
|
|
|
|
5,447 |
|
| |
|
|
|
|
|
|
|
|
Uruguay — 0.5% |
|
|
|
|
Uruguay Government International Bond |
|
|
|
|
|
|
|
|
8.500%, 03/15/2028 |
|
UYU |
61,264 |
|
|
|
1,461 |
|
8.250%, 05/21/2031 |
|
|
13,840 |
|
|
|
315 |
|
5.750%, 10/28/2034 |
|
$ |
2,620 |
|
|
|
2,866 |
|
5.100%, 06/18/2050 |
|
|
170 |
|
|
|
170 |
|
4.975%, 04/20/2055 (E) |
|
|
1,912 |
|
|
|
1,875 |
|
| |
|
|
|
|
|
|
6,687 |
|
| |
|
|
|
|
|
|
|
|
Uzbekistan — 0.3% |
|
|
|
|
Republic of Uzbekistan International Bond |
|
|
|
|
|
|
|
|
3.900%, 10/19/2031 |
|
|
505 |
|
|
|
404 |
|
Republic of Uzbekistan International Bond MTN |
|
|
|
|
|
|
|
|
5.375%, 02/20/2029 |
|
|
1,033 |
|
|
|
945 |
|
3.700%, 11/25/2030 |
|
|
205 |
|
|
|
164 |
|
SEI Institutional International Trust
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
Uzauto Motors AJ |
|
|
|
|
|
|
|
|
4.850%, 05/04/2026 (A) |
|
$ |
1,744 |
|
|
$ |
1,491 |
|
4.850%, 05/04/2026 |
|
|
769 |
|
|
|
657 |
|
Uzbekneftegaz JSC |
|
|
|
|
|
|
|
|
4.750%, 11/16/2028 (A) |
|
|
810 |
|
|
|
641 |
|
| |
|
|
|
|
|
|
4,302 |
|
| |
|
|
|
|
|
|
|
|
Venezuela — 0.2% |
|
|
|
|
Petroleos de Venezuela |
|
|
|
|
|
|
|
|
9.750%, 05/17/2035 (G) |
|
|
1,000 |
|
|
|
45 |
|
9.000%, 11/17/2021 (E)(G) |
|
|
4,300 |
|
|
|
183 |
|
6.000%, 05/16/2024 (G) |
|
|
10,192 |
|
|
|
438 |
|
6.000%, 05/16/2024 (G) |
|
|
7,785 |
|
|
|
335 |
|
6.000%, 11/15/2026 (G) |
|
|
13,215 |
|
|
|
529 |
|
5.500%, 04/12/2037 (G) |
|
|
1,740 |
|
|
|
65 |
|
5.375%, 04/12/2027 (G) |
|
|
4,563 |
|
|
|
182 |
|
Venezuela Government International Bond |
|
|
|
|
|
|
|
|
9.250%, 05/07/2028 (G) |
|
|
2,941 |
|
|
|
301 |
|
8.250%, 10/13/2024 (G) |
|
|
3,304 |
|
|
|
339 |
|
7.750%, 10/13/2019 (G) |
|
|
3,976 |
|
|
|
269 |
|
| |
|
|
|
|
|
|
2,686 |
|
| |
|
|
|
|
|
|
|
|
Vietnam — 0.1% |
|
|
|
|
Mong Duong Finance Holdings BV |
|
|
|
|
|
|
|
|
5.125%, 05/07/2029 (A) |
|
|
1,111 |
|
|
|
938 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Zambia — 0.9% |
|
|
|
|
First Quantum Minerals (A) |
|
|
|
|
|
|
|
|
6.875%, 03/01/2026 |
|
|
403 |
|
|
|
391 |
|
6.875%, 10/15/2027 |
|
|
529 |
|
|
|
510 |
|
Zambia Government Bond |
|
|
|
|
|
|
|
|
13.000%, 08/29/2026 |
|
ZMW |
1,375 |
|
|
|
48 |
|
13.000%, 12/18/2027 |
|
|
5,630 |
|
|
|
169 |
|
| |
|
|
|
|
|
|
Description |
|
Face Amount
(Thousands) |
|
|
Market Value
($ Thousands) |
|
GLOBAL BONDS (continued) |
13.000%, 01/25/2031 |
|
ZMW |
12,744 |
|
|
$ |
310 |
|
11.000%, 01/25/2026 |
|
|
18,620 |
|
|
|
660 |
|
11.000%, 06/28/2026 |
|
|
78,885 |
|
|
|
2,651 |
|
10.000%, 06/28/2024 |
|
|
66,325 |
|
|
|
2,866 |
|
Zambia Government International Bond |
|
|
|
|
|
|
|
|
8.970%, 07/30/2027 (G) |
|
$ |
3,131 |
|
|
|
1,376 |
|
8.500%, 04/14/2024 (G) |
|
|
200 |
|
|
|
90 |
|
5.375%, 09/20/2022 (A)(G) |
|
|
299 |
|
|
|
126 |
|
5.375%, 09/20/2023 (G) |
|
|
3,757 |
|
|
|
1,588 |
|
| |
|
|
|
|
|
|
10,785 |
|
| |
|
|
|
|
|
|
|
|
Total Global Bonds |
|
|
|
|
|
|
|
|
(Cost $1,357,330) ($ Thousands) |
|
|
|
|
|
|
1,203,836 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
U.S. TREASURY OBLIGATION — 0.5% |
U.S. Treasury Bill |
|
|
|
|
|
|
|
|
4.741%, 05/18/2023 (H) |
|
|
5,769 |
|
|
|
5,736 |
|
| |
|
|
|
|
|
|
|
|
Total U.S. Treasury Obligation |
|
|
|
|
|
|
|
|
(Cost $5,734) ($ Thousands) |
|
|
5,736 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
Shares
|
|
|
|
|
|
AFFILIATED PARTNERSHIP — 2.6% |
SEI Liquidity Fund, LP |
|
|
|
|
|
|
|
|
4.740% **†(I) |
|
|
33,171,274 |
|
|
|
33,175 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Affiliated Partnership |
|
|
|
|
|
|
|
|
(Cost $33,174) ($ Thousands) |
|
|
33,175 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Total Investments in Securities — 98.2% |
|
|
|
|
|
|
|
|
(Cost $1,396,238) ($ Thousands) |
|
$ |
1,242,747 |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
A list of the open futures contracts held by the Fund at March 31, 2023, is as follows:
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation/ (Depreciation) (Thousands) |
|
Long Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Korea 10-Year Bond |
|
|
45 |
|
|
|
Jun-2023 |
|
|
$ |
3,896 |
|
|
$ |
3,935 |
|
|
$ |
15 |
|
Korea 3-Year Bond |
|
|
132 |
|
|
|
Jun-2023 |
|
|
|
10,517 |
|
|
|
10,634 |
|
|
|
27 |
|
R2030 Bond Future |
|
|
582 |
|
|
|
May-2023 |
|
|
|
3,146 |
|
|
|
3,057 |
|
|
|
27 |
|
R2032 Bond Future |
|
|
925 |
|
|
|
May-2023 |
|
|
|
4,483 |
|
|
|
4,592 |
|
|
|
35 |
|
R213 Bond Future |
|
|
870 |
|
|
|
May-2023 |
|
|
|
4,234 |
|
|
|
4,125 |
|
|
|
48 |
|
U.S. 2-Year Treasury Note |
|
|
42 |
|
|
|
Jun-2023 |
|
|
|
8,688 |
|
|
|
8,671 |
|
|
|
(17 |
) |
U.S. 5-Year Treasury Note |
|
|
193 |
|
|
|
Jun-2023 |
|
|
|
20,810 |
|
|
|
21,135 |
|
|
|
325 |
|
U.S. Long Treasury Bond |
|
|
25 |
|
|
|
Jun-2023 |
|
|
|
3,131 |
|
|
|
3,279 |
|
|
|
148 |
|
U.S. Ultra Long Treasury Bond |
|
|
35 |
|
|
|
Jun-2023 |
|
|
|
4,700 |
|
|
|
4,939 |
|
|
|
239 |
|
| |
|
|
|
|
|
|
|
|
|
|
63,605 |
|
|
|
64,367 |
|
|
|
847 |
|
Short Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Euro-Bobl |
|
|
(44 |
) |
|
|
Jun-2023 |
|
|
$ |
(5,391 |
) |
|
$ |
(5,635 |
) |
|
$ |
(119 |
) |
Euro-Bund |
|
|
(109 |
) |
|
|
Jun-2023 |
|
|
|
(15,124 |
) |
|
|
(16,086 |
) |
|
|
(590 |
) |
Euro-Buxl |
|
|
(27 |
) |
|
|
Jun-2023 |
|
|
|
(3,787 |
) |
|
|
(4,132 |
) |
|
|
(251 |
) |
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
Type of Contract |
|
Number of
Contracts |
|
|
Expiration Date |
|
|
Notional Amount (Thousands) |
|
|
Value
(Thousands) |
|
|
Unrealized Appreciation/ (Depreciation) (Thousands) |
|
U.S. 10-Year Treasury Note |
|
|
(34 |
) |
|
|
Jun-2023 |
|
|
$ |
(3,823 |
) |
|
$ |
(3,907 |
) |
|
$ |
(84 |
) |
| |
|
|
|
|
|
|
|
|
|
|
(28,125 |
) |
|
|
(29,760 |
) |
|
|
(1,044 |
) |
| |
|
|
|
|
|
|
|
|
|
$ |
35,480 |
|
|
$ |
34,607 |
|
|
$ |
(197 |
) |
A list of the open forward foreign currency contracts held by the Fund at March 31, 2023, is as follows:
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
Barclays PLC |
|
|
05/10/23 |
|
|
|
ZAR |
|
|
|
21,153 |
|
|
|
USD |
|
|
|
1,158 |
|
|
$ |
(31 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
573 |
|
|
|
PEN |
|
|
|
2,188 |
|
|
|
6 |
|
Barclays PLC |
|
|
06/21/23 |
|
|
|
PLN |
|
|
|
1,704 |
|
|
|
EUR |
|
|
|
359 |
|
|
|
(2 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
EUR |
|
|
|
1,796 |
|
|
|
USD |
|
|
|
1,943 |
|
|
|
(16 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
2,064 |
|
|
|
TRY |
|
|
|
44,878 |
|
|
|
(3 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
3,106 |
|
|
|
HUF |
|
|
|
1,192,340 |
|
|
|
218 |
|
Barclays PLC |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
6,291 |
|
|
|
ILS |
|
|
|
22,490 |
|
|
|
(22 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
CZK |
|
|
|
6,700 |
|
|
|
USD |
|
|
|
302 |
|
|
|
(7 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
7,044 |
|
|
|
CNY |
|
|
|
48,805 |
|
|
|
116 |
|
Barclays PLC |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
13,064 |
|
|
|
PLN |
|
|
|
57,773 |
|
|
|
286 |
|
Barclays PLC |
|
|
06/21/23 |
|
|
|
ILS |
|
|
|
22,490 |
|
|
|
USD |
|
|
|
6,303 |
|
|
|
34 |
|
Barclays PLC |
|
|
06/21/23 |
|
|
|
TRY |
|
|
|
39,453 |
|
|
|
USD |
|
|
|
1,952 |
|
|
|
140 |
|
Barclays PLC |
|
|
06/21/23 |
|
|
|
KRW |
|
|
|
207,545 |
|
|
|
USD |
|
|
|
158 |
|
|
|
(2 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
HUF |
|
|
|
1,225,610 |
|
|
|
USD |
|
|
|
3,327 |
|
|
|
(90 |
) |
Barclays PLC |
|
|
06/21/23 |
|
|
|
KRW |
|
|
|
11,223,410 |
|
|
|
USD |
|
|
|
8,653 |
|
|
|
— |
|
BNP Paribas |
|
|
04/13/23 |
|
|
|
EUR |
|
|
|
940 |
|
|
|
HUF |
|
|
|
368,826 |
|
|
|
29 |
|
BNP Paribas |
|
|
04/13/23 - 05/10/23 |
|
|
|
HUF |
|
|
|
1,242,808 |
|
|
|
EUR |
|
|
|
3,137 |
|
|
|
(116 |
) |
BNP Paribas |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
1,936 |
|
|
|
THB |
|
|
|
66,570 |
|
|
|
15 |
|
BNP Paribas |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
305 |
|
|
|
THB |
|
|
|
10,308 |
|
|
|
(1 |
) |
BNP Paribas |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
1,447 |
|
|
|
BRL |
|
|
|
7,367 |
|
|
|
(1 |
) |
BNP Paribas |
|
|
06/21/23 |
|
|
|
EUR |
|
|
|
1,894 |
|
|
|
CZK |
|
|
|
45,420 |
|
|
|
28 |
|
BNP Paribas |
|
|
06/21/23 |
|
|
|
IDR |
|
|
|
10,787,711 |
|
|
|
USD |
|
|
|
700 |
|
|
|
(21 |
) |
BNP Paribas |
|
|
06/22/23 |
|
|
|
CLP |
|
|
|
313,587 |
|
|
|
USD |
|
|
|
383 |
|
|
|
(11 |
) |
BNP Paribas |
|
|
07/06/23 |
|
|
|
TWD |
|
|
|
28,775 |
|
|
|
USD |
|
|
|
959 |
|
|
|
6 |
|
Citigroup |
|
|
04/05/23 - 04/28/23 |
|
|
|
USD |
|
|
|
5,547 |
|
|
|
EUR |
|
|
|
5,193 |
|
|
|
97 |
|
Citigroup |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
749 |
|
|
|
EUR |
|
|
|
683 |
|
|
|
(6 |
) |
Citigroup |
|
|
04/05/23 |
|
|
|
UYU |
|
|
|
18,613 |
|
|
|
USD |
|
|
|
474 |
|
|
|
(5 |
) |
Citigroup |
|
|
04/28/23 - 06/21/23 |
|
|
|
EUR |
|
|
|
2,382 |
|
|
|
USD |
|
|
|
2,608 |
|
|
|
11 |
|
Citigroup |
|
|
04/05/23 - 04/28/23 |
|
|
|
EUR |
|
|
|
36,940 |
|
|
|
USD |
|
|
|
39,293 |
|
|
|
(843 |
) |
Citigroup |
|
|
04/05/23 |
|
|
|
HUF |
|
|
|
521,260 |
|
|
|
EUR |
|
|
|
1,372 |
|
|
|
2 |
|
Citigroup |
|
|
04/06/23 - 05/30/23 |
|
|
|
EUR |
|
|
|
5,277 |
|
|
|
RON |
|
|
|
26,246 |
|
|
|
7 |
|
Citigroup |
|
|
04/06/23 |
|
|
|
EUR |
|
|
|
3,472 |
|
|
|
RON |
|
|
|
17,167 |
|
|
|
(3 |
) |
Citigroup |
|
|
04/06/23 |
|
|
|
RON |
|
|
|
24,398 |
|
|
|
EUR |
|
|
|
4,928 |
|
|
|
(3 |
) |
Citigroup |
|
|
05/10/23 |
|
|
|
EUR |
|
|
|
184 |
|
|
|
HUF |
|
|
|
72,292 |
|
|
|
3 |
|
Citigroup |
|
|
05/10/23 - 06/21/23 |
|
|
|
USD |
|
|
|
5,046 |
|
|
|
ZAR |
|
|
|
92,582 |
|
|
|
141 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
280 |
|
|
|
ZAR |
|
|
|
5,000 |
|
|
|
— |
|
Citigroup |
|
|
05/17/23 - 06/21/23 |
|
|
|
USD |
|
|
|
6,492 |
|
|
|
EGP |
|
|
|
141,357 |
|
|
|
(2,257 |
) |
Citigroup |
|
|
05/17/23 |
|
|
|
EGP |
|
|
|
162,408 |
|
|
|
USD |
|
|
|
5,003 |
|
|
|
100 |
|
Citigroup |
|
|
06/02/23 |
|
|
|
USD |
|
|
|
1,592 |
|
|
|
BRL |
|
|
|
8,463 |
|
|
|
59 |
|
Citigroup |
|
|
06/02/23 |
|
|
|
BRL |
|
|
|
118,448 |
|
|
|
USD |
|
|
|
22,657 |
|
|
|
(453 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
CNY |
|
|
|
31 |
|
|
|
USD |
|
|
|
5 |
|
|
|
— |
|
Citigroup |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
140 |
|
|
|
PHP |
|
|
|
7,802 |
|
|
|
4 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
PLN |
|
|
|
1,396 |
|
|
|
EUR |
|
|
|
294 |
|
|
|
(2 |
) |
SEI Institutional International Trust
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
Citigroup |
|
|
06/21/23 |
|
|
|
RON |
|
|
|
1,400 |
|
|
|
USD |
|
|
|
306 |
|
|
$ |
(1 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
CZK |
|
|
|
1,489 |
|
|
|
EUR |
|
|
|
63 |
|
|
|
— |
|
Citigroup |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
1,794 |
|
|
|
MXN |
|
|
|
33,285 |
|
|
|
22 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
PLN |
|
|
|
3,530 |
|
|
|
USD |
|
|
|
809 |
|
|
|
(6 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
6,105 |
|
|
|
INR |
|
|
|
506,400 |
|
|
|
30 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
10,263 |
|
|
|
CNY |
|
|
|
70,379 |
|
|
|
62 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
11,111 |
|
|
|
COP |
|
|
|
55,117,850 |
|
|
|
540 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
CZK |
|
|
|
12,750 |
|
|
|
USD |
|
|
|
588 |
|
|
|
— |
|
Citigroup |
|
|
06/21/23 |
|
|
|
PEN |
|
|
|
1,611 |
|
|
|
USD |
|
|
|
427 |
|
|
|
1 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
PEN |
|
|
|
15,978 |
|
|
|
USD |
|
|
|
4,220 |
|
|
|
(9 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
THB |
|
|
|
18,440 |
|
|
|
USD |
|
|
|
546 |
|
|
|
2 |
|
Citigroup |
|
|
06/21/23 - 07/06/23 |
|
|
|
USD |
|
|
|
22,026 |
|
|
|
THB |
|
|
|
759,317 |
|
|
|
366 |
|
Citigroup |
|
|
07/06/23 |
|
|
|
USD |
|
|
|
777 |
|
|
|
THB |
|
|
|
25,882 |
|
|
|
(12 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
TRY |
|
|
|
34,784 |
|
|
|
USD |
|
|
|
1,725 |
|
|
|
128 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
MXN |
|
|
|
32,525 |
|
|
|
USD |
|
|
|
1,781 |
|
|
|
6 |
|
Citigroup |
|
|
06/21/23 |
|
|
|
MXN |
|
|
|
5,640 |
|
|
|
USD |
|
|
|
299 |
|
|
|
(9 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
HUF |
|
|
|
706,620 |
|
|
|
USD |
|
|
|
1,943 |
|
|
|
(27 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
COP |
|
|
|
2,400,000 |
|
|
|
USD |
|
|
|
493 |
|
|
|
(15 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
KRW |
|
|
|
3,279,563 |
|
|
|
USD |
|
|
|
2,524 |
|
|
|
(5 |
) |
Citigroup |
|
|
06/21/23 |
|
|
|
IDR |
|
|
|
13,076,380 |
|
|
|
USD |
|
|
|
845 |
|
|
|
(30 |
) |
Citigroup |
|
|
06/22/23 |
|
|
|
USD |
|
|
|
4,807 |
|
|
|
CLP |
|
|
|
3,923,770 |
|
|
|
114 |
|
Citigroup |
|
|
06/22/23 |
|
|
|
CLP |
|
|
|
3,795,879 |
|
|
|
USD |
|
|
|
4,623 |
|
|
|
(138 |
) |
Citigroup |
|
|
08/10/23 |
|
|
|
USD |
|
|
|
464 |
|
|
|
UYU |
|
|
|
18,613 |
|
|
|
6 |
|
Citigroup |
|
|
09/20/23 |
|
|
|
ZMW |
|
|
|
53,000 |
|
|
|
USD |
|
|
|
2,459 |
|
|
|
42 |
|
Deutsche Bank |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
975 |
|
|
|
KRW |
|
|
|
1,263,805 |
|
|
|
(3 |
) |
Deutsche Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
2,921 |
|
|
|
THB |
|
|
|
101,576 |
|
|
|
74 |
|
Deutsche Bank |
|
|
06/21/23 |
|
|
|
IDR |
|
|
|
10,254,929 |
|
|
|
USD |
|
|
|
680 |
|
|
|
(6 |
) |
Goldman Sachs |
|
|
04/03/23 |
|
|
|
USD |
|
|
|
969 |
|
|
|
KRW |
|
|
|
1,263,805 |
|
|
|
2 |
|
Goldman Sachs |
|
|
04/04/23 - 06/02/23 |
|
|
|
BRL |
|
|
|
79,815 |
|
|
|
USD |
|
|
|
15,191 |
|
|
|
(479 |
) |
Goldman Sachs |
|
|
04/05/23 |
|
|
|
USD |
|
|
|
198 |
|
|
|
EUR |
|
|
|
184 |
|
|
|
3 |
|
Goldman Sachs |
|
|
04/05/23 - 06/21/23 |
|
|
|
USD |
|
|
|
1,312 |
|
|
|
MXN |
|
|
|
24,773 |
|
|
|
44 |
|
Goldman Sachs |
|
|
04/06/23 |
|
|
|
RON |
|
|
|
3,301 |
|
|
|
EUR |
|
|
|
669 |
|
|
|
2 |
|
Goldman Sachs |
|
|
04/13/23 - 06/21/23 |
|
|
|
MXN |
|
|
|
117,262 |
|
|
|
USD |
|
|
|
6,330 |
|
|
|
(82 |
) |
Goldman Sachs |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
901 |
|
|
|
EGP |
|
|
|
29,377 |
|
|
|
26 |
|
Goldman Sachs |
|
|
05/03/23 - 06/02/23 |
|
|
|
USD |
|
|
|
17,434 |
|
|
|
BRL |
|
|
|
91,617 |
|
|
|
483 |
|
Goldman Sachs |
|
|
05/10/23 |
|
|
|
ZAR |
|
|
|
17,609 |
|
|
|
USD |
|
|
|
961 |
|
|
|
(28 |
) |
Goldman Sachs |
|
|
05/17/23 |
|
|
|
USD |
|
|
|
123 |
|
|
|
EGP |
|
|
|
2,624 |
|
|
|
(44 |
) |
Goldman Sachs |
|
|
05/30/23 |
|
|
|
EUR |
|
|
|
524 |
|
|
|
RON |
|
|
|
2,606 |
|
|
|
— |
|
Goldman Sachs |
|
|
05/31/23 |
|
|
|
EGP |
|
|
|
28,950 |
|
|
|
USD |
|
|
|
858 |
|
|
|
— |
|
Goldman Sachs |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
419 |
|
|
|
KZT |
|
|
|
196,500 |
|
|
|
4 |
|
Goldman Sachs |
|
|
06/21/23 |
|
|
|
RON |
|
|
|
1,660 |
|
|
|
USD |
|
|
|
354 |
|
|
|
(9 |
) |
Goldman Sachs |
|
|
06/21/23 |
|
|
|
EUR |
|
|
|
4,371 |
|
|
|
USD |
|
|
|
4,792 |
|
|
|
23 |
|
Goldman Sachs |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
5,387 |
|
|
|
THB |
|
|
|
187,555 |
|
|
|
144 |
|
Goldman Sachs |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
7,008 |
|
|
|
HUF |
|
|
|
2,607,800 |
|
|
|
263 |
|
Goldman Sachs |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
9,541 |
|
|
|
IDR |
|
|
|
146,538,740 |
|
|
|
258 |
|
Goldman Sachs |
|
|
06/21/23 |
|
|
|
TRY |
|
|
|
31,390 |
|
|
|
USD |
|
|
|
1,477 |
|
|
|
36 |
|
Goldman Sachs |
|
|
06/21/23 |
|
|
|
TWD |
|
|
|
193,482 |
|
|
|
USD |
|
|
|
6,391 |
|
|
|
(6 |
) |
Goldman Sachs |
|
|
06/21/23 |
|
|
|
HUF |
|
|
|
514,860 |
|
|
|
USD |
|
|
|
1,401 |
|
|
|
(34 |
) |
Goldman Sachs |
|
|
06/21/23 |
|
|
|
COP |
|
|
|
9,186,540 |
|
|
|
USD |
|
|
|
1,848 |
|
|
|
(94 |
) |
Goldman Sachs |
|
|
06/21/23 |
|
|
|
IDR |
|
|
|
17,419,821 |
|
|
|
USD |
|
|
|
1,146 |
|
|
|
(19 |
) |
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
JPMorgan Chase Bank |
|
|
04/03/23 - 06/21/23 |
|
|
|
USD |
|
|
|
1,167 |
|
|
|
MYR |
|
|
|
5,194 |
|
|
$ |
12 |
|
JPMorgan Chase Bank |
|
|
04/05/23 |
|
|
|
USD |
|
|
|
463 |
|
|
|
UYU |
|
|
|
18,613 |
|
|
|
17 |
|
JPMorgan Chase Bank |
|
|
04/05/23 |
|
|
|
USD |
|
|
|
1,940 |
|
|
|
ILS |
|
|
|
7,008 |
|
|
|
6 |
|
JPMorgan Chase Bank |
|
|
04/05/23 - 04/12/23 |
|
|
|
USD |
|
|
|
3,434 |
|
|
|
IDR |
|
|
|
52,101,010 |
|
|
|
41 |
|
JPMorgan Chase Bank |
|
|
04/05/23 - 06/13/23 |
|
|
|
USD |
|
|
|
3,795 |
|
|
|
THB |
|
|
|
130,486 |
|
|
|
35 |
|
JPMorgan Chase Bank |
|
|
04/05/23 - 04/28/23 |
|
|
|
EUR |
|
|
|
3,826 |
|
|
|
USD |
|
|
|
4,104 |
|
|
|
(54 |
) |
JPMorgan Chase Bank |
|
|
04/05/23 |
|
|
|
PLN |
|
|
|
6,411 |
|
|
|
EUR |
|
|
|
1,366 |
|
|
|
(4 |
) |
JPMorgan Chase Bank |
|
|
04/05/23 - 04/06/23 |
|
|
|
USD |
|
|
|
7,551 |
|
|
|
EUR |
|
|
|
7,068 |
|
|
|
129 |
|
JPMorgan Chase Bank |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
345 |
|
|
|
EUR |
|
|
|
315 |
|
|
|
(3 |
) |
JPMorgan Chase Bank |
|
|
04/05/23 - 05/15/23 |
|
|
|
MXN |
|
|
|
31,597 |
|
|
|
USD |
|
|
|
1,724 |
|
|
|
(24 |
) |
JPMorgan Chase Bank |
|
|
04/05/23 |
|
|
|
CZK |
|
|
|
32,030 |
|
|
|
EUR |
|
|
|
1,364 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
04/05/23 - 06/05/23 |
|
|
|
IDR |
|
|
|
453,669,952 |
|
|
|
USD |
|
|
|
29,591 |
|
|
|
(729 |
) |
JPMorgan Chase Bank |
|
|
04/06/23 |
|
|
|
EUR |
|
|
|
773 |
|
|
|
RON |
|
|
|
3,821 |
|
|
|
(1 |
) |
JPMorgan Chase Bank |
|
|
04/12/23 |
|
|
|
USD |
|
|
|
755 |
|
|
|
INR |
|
|
|
62,286 |
|
|
|
3 |
|
JPMorgan Chase Bank |
|
|
04/14/23 |
|
|
|
PEN |
|
|
|
11,494 |
|
|
|
USD |
|
|
|
3,027 |
|
|
|
(27 |
) |
JPMorgan Chase Bank |
|
|
04/17/23 - 06/08/23 |
|
|
|
USD |
|
|
|
7,316 |
|
|
|
PHP |
|
|
|
403,915 |
|
|
|
124 |
|
JPMorgan Chase Bank |
|
|
04/17/23 - 06/12/23 |
|
|
|
USD |
|
|
|
7,696 |
|
|
|
HUF |
|
|
|
2,850,588 |
|
|
|
317 |
|
JPMorgan Chase Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
752 |
|
|
|
ZAR |
|
|
|
14,120 |
|
|
|
38 |
|
JPMorgan Chase Bank |
|
|
04/17/23 - 05/15/23 |
|
|
|
USD |
|
|
|
12,075 |
|
|
|
ZAR |
|
|
|
207,278 |
|
|
|
(432 |
) |
JPMorgan Chase Bank |
|
|
04/17/23 - 05/15/23 |
|
|
|
ZAR |
|
|
|
353,563 |
|
|
|
USD |
|
|
|
20,281 |
|
|
|
377 |
|
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
ZAR |
|
|
|
27,618 |
|
|
|
USD |
|
|
|
1,544 |
|
|
|
(7 |
) |
JPMorgan Chase Bank |
|
|
04/17/23 |
|
|
|
HUF |
|
|
|
849,846 |
|
|
|
USD |
|
|
|
2,267 |
|
|
|
(151 |
) |
JPMorgan Chase Bank |
|
|
04/19/23 |
|
|
|
USD |
|
|
|
760 |
|
|
|
IDR |
|
|
|
11,446,410 |
|
|
|
5 |
|
JPMorgan Chase Bank |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
56 |
|
|
|
COP |
|
|
|
260,025 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
349 |
|
|
|
COP |
|
|
|
1,650,000 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
04/20/23 - 06/21/23 |
|
|
|
COP |
|
|
|
27,916,816 |
|
|
|
USD |
|
|
|
5,822 |
|
|
|
(83 |
) |
JPMorgan Chase Bank |
|
|
04/28/23 |
|
|
|
USD |
|
|
|
4,093 |
|
|
|
EUR |
|
|
|
3,825 |
|
|
|
68 |
|
JPMorgan Chase Bank |
|
|
04/28/23 |
|
|
|
EUR |
|
|
|
20,085 |
|
|
|
USD |
|
|
|
21,943 |
|
|
|
95 |
|
JPMorgan Chase Bank |
|
|
05/03/23 - 06/12/23 |
|
|
|
BRL |
|
|
|
31,674 |
|
|
|
USD |
|
|
|
5,973 |
|
|
|
(199 |
) |
JPMorgan Chase Bank |
|
|
05/10/23 |
|
|
|
EUR |
|
|
|
1,865 |
|
|
|
HUF |
|
|
|
721,257 |
|
|
|
7 |
|
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
1,359 |
|
|
|
MXN |
|
|
|
25,604 |
|
|
|
48 |
|
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
2,277 |
|
|
|
RON |
|
|
|
10,408 |
|
|
|
6 |
|
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
7 |
|
|
|
RON |
|
|
|
31 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
2,949 |
|
|
|
PLN |
|
|
|
13,079 |
|
|
|
81 |
|
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
8,528 |
|
|
|
PLN |
|
|
|
36,727 |
|
|
|
(21 |
) |
JPMorgan Chase Bank |
|
|
06/05/23 |
|
|
|
USD |
|
|
|
10,998 |
|
|
|
CNY |
|
|
|
75,343 |
|
|
|
41 |
|
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
USD |
|
|
|
1,536 |
|
|
|
CNY |
|
|
|
10,374 |
|
|
|
(19 |
) |
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
PLN |
|
|
|
53,876 |
|
|
|
USD |
|
|
|
12,110 |
|
|
|
(369 |
) |
JPMorgan Chase Bank |
|
|
05/15/23 |
|
|
|
CNY |
|
|
|
37,843 |
|
|
|
USD |
|
|
|
5,669 |
|
|
|
133 |
|
JPMorgan Chase Bank |
|
|
06/06/23 - 06/12/23 |
|
|
|
CNY |
|
|
|
37,501 |
|
|
|
USD |
|
|
|
5,417 |
|
|
|
(78 |
) |
JPMorgan Chase Bank |
|
|
05/17/23 |
|
|
|
USD |
|
|
|
3,731 |
|
|
|
EGP |
|
|
|
79,364 |
|
|
|
(1,335 |
) |
JPMorgan Chase Bank |
|
|
05/22/23 - 06/12/23 |
|
|
|
USD |
|
|
|
3,741 |
|
|
|
CLP |
|
|
|
3,051,634 |
|
|
|
97 |
|
JPMorgan Chase Bank |
|
|
05/22/23 |
|
|
|
USD |
|
|
|
10,498 |
|
|
|
KRW |
|
|
|
13,197,055 |
|
|
|
(342 |
) |
JPMorgan Chase Bank |
|
|
05/22/23 |
|
|
|
CLP |
|
|
|
42,763 |
|
|
|
USD |
|
|
|
53 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
05/22/23 |
|
|
|
KRW |
|
|
|
87,605 |
|
|
|
USD |
|
|
|
69 |
|
|
|
2 |
|
JPMorgan Chase Bank |
|
|
06/12/23 |
|
|
|
KRW |
|
|
|
1,016,494 |
|
|
|
USD |
|
|
|
782 |
|
|
|
(1 |
) |
JPMorgan Chase Bank |
|
|
05/23/23 |
|
|
|
PHP |
|
|
|
2,887 |
|
|
|
USD |
|
|
|
52 |
|
|
|
(1 |
) |
JPMorgan Chase Bank |
|
|
05/23/23 - 06/12/23 |
|
|
|
USD |
|
|
|
5,251 |
|
|
|
BRL |
|
|
|
27,714 |
|
|
|
168 |
|
JPMorgan Chase Bank |
|
|
06/12/23 |
|
|
|
USD |
|
|
|
3,142 |
|
|
|
CZK |
|
|
|
69,768 |
|
|
|
77 |
|
JPMorgan Chase Bank |
|
|
06/21/23 |
|
|
|
MYR |
|
|
|
152 |
|
|
|
USD |
|
|
|
35 |
|
|
|
— |
|
JPMorgan Chase Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
263 |
|
|
|
PEN |
|
|
|
998 |
|
|
|
1 |
|
SEI Institutional International Trust
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
JPMorgan Chase Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
591 |
|
|
|
GHS |
|
|
|
7,409 |
|
|
$ |
36 |
|
Merrill Lynch |
|
|
05/17/23 |
|
|
|
USD |
|
|
|
263 |
|
|
|
NGN |
|
|
|
135,240 |
|
|
|
24 |
|
Merrill Lynch |
|
|
06/21/23 |
|
|
|
EUR |
|
|
|
994 |
|
|
|
USD |
|
|
|
1,074 |
|
|
|
(11 |
) |
Merrill Lynch |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
1,560 |
|
|
|
KZT |
|
|
|
732,159 |
|
|
|
13 |
|
Merrill Lynch |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
11,839 |
|
|
|
CNY |
|
|
|
81,601 |
|
|
|
133 |
|
Merrill Lynch |
|
|
06/21/23 |
|
|
|
MXN |
|
|
|
47,550 |
|
|
|
USD |
|
|
|
2,554 |
|
|
|
(40 |
) |
Midland Walwyn Capital Inc. |
|
|
05/10/23 |
|
|
|
INR |
|
|
|
81,260 |
|
|
|
USD |
|
|
|
975 |
|
|
|
(12 |
) |
Midland Walwyn Capital Inc. |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
404 |
|
|
|
CNY |
|
|
|
2,757 |
|
|
|
— |
|
Midland Walwyn Capital Inc. |
|
|
06/21/23 |
|
|
|
MXN |
|
|
|
5,219 |
|
|
|
USD |
|
|
|
278 |
|
|
|
(7 |
) |
Midland Walwyn Capital Inc. |
|
|
07/06/23 |
|
|
|
USD |
|
|
|
66 |
|
|
|
TWD |
|
|
|
1,937 |
|
|
|
(2 |
) |
Morgan Stanley |
|
|
04/04/23 |
|
|
|
USD |
|
|
|
8,887 |
|
|
|
BRL |
|
|
|
46,095 |
|
|
|
204 |
|
Morgan Stanley |
|
|
04/05/23 |
|
|
|
USD |
|
|
|
797 |
|
|
|
EUR |
|
|
|
740 |
|
|
|
7 |
|
Morgan Stanley |
|
|
04/06/23 |
|
|
|
EUR |
|
|
|
982 |
|
|
|
RON |
|
|
|
4,862 |
|
|
|
1 |
|
Morgan Stanley |
|
|
04/13/23 |
|
|
|
EUR |
|
|
|
956 |
|
|
|
HUF |
|
|
|
370,239 |
|
|
|
16 |
|
Morgan Stanley |
|
|
05/10/23 |
|
|
|
USD |
|
|
|
998 |
|
|
|
INR |
|
|
|
82,894 |
|
|
|
8 |
|
Morgan Stanley |
|
|
05/10/23 |
|
|
|
USD |
|
|
|
3,551 |
|
|
|
ZAR |
|
|
|
65,427 |
|
|
|
126 |
|
Morgan Stanley |
|
|
05/10/23 |
|
|
|
ZAR |
|
|
|
48,850 |
|
|
|
USD |
|
|
|
2,684 |
|
|
|
(62 |
) |
Morgan Stanley |
|
|
06/21/23 |
|
|
|
EUR |
|
|
|
189 |
|
|
|
PLN |
|
|
|
896 |
|
|
|
1 |
|
Morgan Stanley |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
331 |
|
|
|
COP |
|
|
|
1,561,847 |
|
|
|
(1 |
) |
Morgan Stanley |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
352 |
|
|
|
CNY |
|
|
|
2,400 |
|
|
|
— |
|
Morgan Stanley |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
412 |
|
|
|
IDR |
|
|
|
6,259,248 |
|
|
|
7 |
|
Morgan Stanley |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
804 |
|
|
|
MXN |
|
|
|
14,759 |
|
|
|
1 |
|
Morgan Stanley |
|
|
07/06/23 |
|
|
|
USD |
|
|
|
923 |
|
|
|
TWD |
|
|
|
26,723 |
|
|
|
(37 |
) |
Morgan Stanley |
|
|
07/06/23 |
|
|
|
THB |
|
|
|
11,733 |
|
|
|
USD |
|
|
|
361 |
|
|
|
15 |
|
SCB Securities |
|
|
04/03/23 - 06/21/23 |
|
|
|
MYR |
|
|
|
5,956 |
|
|
|
USD |
|
|
|
1,330 |
|
|
|
(23 |
) |
SCB Securities |
|
|
04/20/23 |
|
|
|
USD |
|
|
|
1,875 |
|
|
|
MYR |
|
|
|
8,426 |
|
|
|
42 |
|
SCB Securities |
|
|
06/21/23 |
|
|
|
EUR |
|
|
|
260 |
|
|
|
CZK |
|
|
|
6,190 |
|
|
|
1 |
|
SCB Securities |
|
|
06/22/23 |
|
|
|
USD |
|
|
|
1,838 |
|
|
|
CLP |
|
|
|
1,481,624 |
|
|
|
21 |
|
Standard Bank |
|
|
04/05/23 - 06/21/23 |
|
|
|
EUR |
|
|
|
5,984 |
|
|
|
USD |
|
|
|
6,378 |
|
|
|
(149 |
) |
Standard Bank |
|
|
04/05/23 - 06/21/23 |
|
|
|
USD |
|
|
|
7,948 |
|
|
|
EUR |
|
|
|
7,423 |
|
|
|
148 |
|
Standard Bank |
|
|
05/17/23 - 06/21/23 |
|
|
|
NGN |
|
|
|
2,217,270 |
|
|
|
USD |
|
|
|
4,446 |
|
|
|
(182 |
) |
Standard Bank |
|
|
06/02/23 |
|
|
|
USD |
|
|
|
2,383 |
|
|
|
BRL |
|
|
|
12,628 |
|
|
|
81 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
428 |
|
|
|
ZAR |
|
|
|
7,900 |
|
|
|
15 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
1,630 |
|
|
|
HUF |
|
|
|
593,747 |
|
|
|
26 |
|
Standard Bank |
|
|
06/21/23 - 09/20/23 |
|
|
|
USD |
|
|
|
1,889 |
|
|
|
GHS |
|
|
|
23,616 |
|
|
|
55 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
2,372 |
|
|
|
IDR |
|
|
|
36,402,469 |
|
|
|
63 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
2,464 |
|
|
|
MXN |
|
|
|
45,680 |
|
|
|
28 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
MYR |
|
|
|
5,364 |
|
|
|
USD |
|
|
|
1,210 |
|
|
|
(19 |
) |
Standard Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
5,809 |
|
|
|
PEN |
|
|
|
22,272 |
|
|
|
86 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
MXN |
|
|
|
9,690 |
|
|
|
USD |
|
|
|
523 |
|
|
|
(6 |
) |
Standard Bank |
|
|
06/21/23 |
|
|
|
PEN |
|
|
|
1,797 |
|
|
|
USD |
|
|
|
476 |
|
|
|
1 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
PEN |
|
|
|
7,894 |
|
|
|
USD |
|
|
|
2,086 |
|
|
|
(3 |
) |
Standard Bank |
|
|
06/21/23 |
|
|
|
ZAR |
|
|
|
10,700 |
|
|
|
USD |
|
|
|
572 |
|
|
|
(27 |
) |
Standard Bank |
|
|
06/21/23 |
|
|
|
USD |
|
|
|
11,870 |
|
|
|
CNY |
|
|
|
81,601 |
|
|
|
102 |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
TWD |
|
|
|
42,518 |
|
|
|
USD |
|
|
|
1,406 |
|
|
|
— |
|
Standard Bank |
|
|
06/21/23 |
|
|
|
HUF |
|
|
|
85,480 |
|
|
|
USD |
|
|
|
233 |
|
|
|
(5 |
) |
Standard Bank |
|
|
06/21/23 |
|
|
|
CZK |
|
|
|
98,202 |
|
|
|
USD |
|
|
|
4,375 |
|
|
|
(154 |
) |
Standard Bank |
|
|
06/21/23 |
|
|
|
PHP |
|
|
|
344,942 |
|
|
|
USD |
|
|
|
6,273 |
|
|
|
(80 |
) |
Standard Bank |
|
|
06/21/23 |
|
|
|
KRW |
|
|
|
4,817,737 |
|
|
|
USD |
|
|
|
3,708 |
|
|
|
(6 |
) |
State Street |
|
|
04/05/23 |
|
|
|
USD |
|
|
|
245 |
|
|
|
EUR |
|
|
|
231 |
|
|
|
6 |
|
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
Counterparty |
|
Settlement Date |
|
|
Currency to Deliver
(Thousands) |
|
|
Currency to Receive
(Thousands) |
|
|
Unrealized Appreciation
(Depreciation)
(Thousands) |
|
State Street |
|
|
04/05/23 |
|
|
|
USD |
|
|
|
1,949 |
|
|
|
KRW |
|
|
|
2,537,869 |
|
|
$ |
— |
|
State Street |
|
|
05/03/23 |
|
|
|
USD |
|
|
|
567 |
|
|
|
BRL |
|
|
|
2,993 |
|
|
|
20 |
|
State Street |
|
|
05/03/23 |
|
|
|
BRL |
|
|
|
7,966 |
|
|
|
USD |
|
|
|
1,498 |
|
|
|
(66 |
) |
State Street |
|
|
05/10/23 |
|
|
|
EUR |
|
|
|
1,637 |
|
|
|
HUF |
|
|
|
632,220 |
|
|
|
4 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(2,521 |
) |
A list of the open OTC swap agreements held by the Fund at March 31, 2023, is as follows:
Interest Rate Swaps |
Counterparty |
|
Fund Pays |
|
|
Fund Receives |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Currency |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
Goldman Sachs |
|
|
1-DAY BRL - CETIP |
|
|
|
12.80% FIXED |
|
|
|
Annually |
|
|
|
01/01/2024 |
|
|
|
BRL |
|
|
|
11,903 |
|
|
$ |
(27 |
) |
|
$ |
– |
|
|
$ |
(27 |
) |
Goldman Sachs |
|
|
1-DAY BRL - CETIP |
|
|
|
12.765% FIXED |
|
|
|
Annually |
|
|
|
01/02/2024 |
|
|
|
BRL |
|
|
|
49,740 |
|
|
|
(118 |
) |
|
|
– |
|
|
|
(118 |
) |
Goldman Sachs |
|
|
1-DAY BRL - CETIP |
|
|
|
12.82% FIXED |
|
|
|
Annually |
|
|
|
01/02/2024 |
|
|
|
BRL |
|
|
|
13,887 |
|
|
|
(21 |
) |
|
|
– |
|
|
|
(21 |
) |
Goldman Sachs |
|
|
1-DAY BRL - CETIP |
|
|
|
12.83% FIXED |
|
|
|
Annually |
|
|
|
01/04/2024 |
|
|
|
BRL |
|
|
|
49,740 |
|
|
|
(71 |
) |
|
|
– |
|
|
|
(71 |
) |
Goldman Sachs |
|
|
1-DAY BRL - CETIP |
|
|
|
12.93% FIXED |
|
|
|
Annually |
|
|
|
02/01/2024 |
|
|
|
BRL |
|
|
|
23,806 |
|
|
|
(29 |
) |
|
|
– |
|
|
|
(29 |
) |
Goldman Sachs |
|
|
2.36% FIXED |
|
|
|
3-MONTH THB-THOR-OIS COMPOUND |
|
|
|
Quarterly |
|
|
|
10/04/2024 |
|
|
|
THB |
|
|
|
63,732 |
|
|
|
(13 |
) |
|
|
– |
|
|
|
(13 |
) |
Goldman Sachs |
|
|
1-DAY BRL - CETIP |
|
|
|
11.865% FIXED |
|
|
|
Annually |
|
|
|
01/02/2025 |
|
|
|
BRL |
|
|
|
34,610 |
|
|
|
(4 |
) |
|
|
– |
|
|
|
(4 |
) |
Goldman Sachs |
|
|
6-MONTH CLP-CLICP |
|
|
|
7.07% |
|
|
|
Semi-Annually |
|
|
|
01/27/2025 |
|
|
|
CLP |
|
|
|
1,940,279 |
|
|
|
(27 |
) |
|
|
– |
|
|
|
(27 |
) |
Goldman Sachs |
|
|
6-MONTH CLP-CLICP |
|
|
|
7.215% FIXED |
|
|
|
Semi-Annually |
|
|
|
01/31/2025 |
|
|
|
CLP |
|
|
|
2,572,831 |
|
|
|
51 |
|
|
|
– |
|
|
|
51 |
|
JPMorgan Chase |
|
|
6-MONTH CLP-CLICP |
|
|
|
7.12 % |
|
|
|
Semi-Annually |
|
|
|
01/31/2025 |
|
|
|
CLP |
|
|
|
5,431,540 |
|
|
|
117 |
|
|
|
– |
|
|
|
117 |
|
Goldman Sachs |
|
|
6-MONTH CLP-CLICP |
|
|
|
7.28% FIXED |
|
|
|
Semi-Annually |
|
|
|
02/01/2025 |
|
|
|
CLP |
|
|
|
2,583,200 |
|
|
|
48 |
|
|
|
– |
|
|
|
48 |
|
Goldman Sachs |
|
|
11.25% FIXED |
|
|
|
3-MONTH COP-COLUMBIA IBR |
|
|
|
Quarterly |
|
|
|
02/22/2025 |
|
|
|
COP |
|
|
|
14,576,015 |
|
|
|
(105 |
) |
|
|
– |
|
|
|
(105 |
) |
Goldman Sachs |
|
|
11.36% FIXED |
|
|
|
3-MONTH COP-COLUMBIA IBR |
|
|
|
Quarterly |
|
|
|
02/24/2025 |
|
|
|
COP |
|
|
|
14,576,015 |
|
|
|
(62 |
) |
|
|
– |
|
|
|
(62 |
) |
Goldman Sachs |
|
|
28-DAY MXN - TIIE |
|
|
|
6.205% |
|
|
|
Monthly |
|
|
|
12/08/2025 |
|
|
|
MXN |
|
|
|
16,624 |
|
|
|
(69 |
) |
|
|
– |
|
|
|
(69 |
) |
Goldman Sachs |
|
|
28-DAY MXN - TIIE |
|
|
|
6.165% |
|
|
|
Monthly |
|
|
|
03/05/2026 |
|
|
|
MXN |
|
|
|
47,200 |
|
|
|
(204 |
) |
|
|
– |
|
|
|
(204 |
) |
JPMorgan Chase |
|
|
28-DAY MXN - TIIE |
|
|
|
6.13% |
|
|
|
Monthly |
|
|
|
06/18/2026 |
|
|
|
MXN |
|
|
|
40,000 |
|
|
|
(180 |
) |
|
|
– |
|
|
|
(180 |
) |
Goldman Sachs |
|
|
28-DAY MXN - TIIE |
|
|
|
6.381% |
|
|
|
Monthly |
|
|
|
09/16/2026 |
|
|
|
MXN |
|
|
|
26,000 |
|
|
|
(109 |
) |
|
|
– |
|
|
|
(109 |
) |
Goldman Sachs |
|
|
5.87% FIXED |
|
|
|
1-DAY FBIL - MIBOR |
|
|
|
Semi-Annually |
|
|
|
02/04/2027 |
|
|
|
INR |
|
|
|
504,948 |
|
|
|
70 |
|
|
|
– |
|
|
|
70 |
|
Goldman Sachs |
|
|
6.96% FIXED |
|
|
|
1-DAY FBIL - MIBOR |
|
|
|
Semi-Annually |
|
|
|
06/24/2027 |
|
|
|
INR |
|
|
|
188,804 |
|
|
|
(79 |
) |
|
|
– |
|
|
|
(79 |
) |
Goldman Sachs |
|
|
7% |
|
|
|
1-DAY FBIL - MIBOR |
|
|
|
Semi-Annually |
|
|
|
06/27/2027 |
|
|
|
INR |
|
|
|
264,996 |
|
|
|
(116 |
) |
|
|
– |
|
|
|
(116 |
) |
Merrill Lynch |
|
|
6.4125% FIXED |
|
|
|
1-DAY FBIL - MIBOR |
|
|
|
Semi-Annually |
|
|
|
01/05/2028 |
|
|
|
INR |
|
|
|
139,710 |
|
|
|
(18 |
) |
|
|
– |
|
|
|
(18 |
) |
Goldman Sachs |
|
|
6-MONTH CLP-CLICP |
|
|
|
7.3137% FIXED |
|
|
|
Semi-Annually |
|
|
|
02/02/2028 |
|
|
|
CLP |
|
|
|
3,516,729 |
|
|
|
63 |
|
|
|
– |
|
|
|
63 |
|
Goldman Sachs |
|
|
9.955% FIXED |
|
|
|
3-MONTH COP-COLUMBIA IBR |
|
|
|
Quarterly |
|
|
|
02/22/2028 |
|
|
|
COP |
|
|
|
6,690,040 |
|
|
|
(190 |
) |
|
|
– |
|
|
|
(190 |
) |
Goldman Sachs |
|
|
10.115 % FIXED |
|
|
|
3-MONTH COP-COLUMBIA IBR |
|
|
|
Quarterly |
|
|
|
03/08/2028 |
|
|
|
COP |
|
|
|
6,690,040 |
|
|
|
(74 |
) |
|
|
– |
|
|
|
(74 |
) |
Barclays |
|
|
2.795% |
|
|
|
CNY – CHINA FIXING REPO RATES |
|
|
|
Quarterly |
|
|
|
03/24/2028 |
|
|
|
CNY |
|
|
|
11,689 |
|
|
|
2 |
|
|
|
– |
|
|
|
2 |
|
Goldman Sachs |
|
|
5.17% |
|
|
|
6-MONTH CLP-CLICP |
|
|
|
Semi-Annually |
|
|
|
01/27/2033 |
|
|
|
CLP |
|
|
|
451,227 |
|
|
|
(7 |
) |
|
|
– |
|
|
|
(7 |
) |
Goldman Sachs |
|
|
5.315% FIXED |
|
|
|
6-MONTH CLP-CLICP |
|
|
|
Semi-Annually |
|
|
|
01/31/2033 |
|
|
|
CLP |
|
|
|
605,181 |
|
|
|
11 |
|
|
|
– |
|
|
|
11 |
|
Goldman Sachs |
|
|
6-MONTH CLP-CLICP |
|
|
|
5.345% FIXED |
|
|
|
Semi-Annually |
|
|
|
02/01/2033 |
|
|
|
CLP |
|
|
|
612,670 |
|
|
|
(13 |
) |
|
|
– |
|
|
|
(13 |
) |
Goldman Sachs |
|
|
5.31% FIXED |
|
|
|
6-MONTH CLP-CLICP |
|
|
|
Semi-Annually |
|
|
|
02/02/2033 |
|
|
|
CLP |
|
|
|
788,139 |
|
|
|
(144 |
) |
|
|
– |
|
|
|
(144 |
) |
Goldman Sachs |
|
|
5.47% FIXED |
|
|
|
6-MONTH CLP-CLICP |
|
|
|
Semi-Annually |
|
|
|
02/14/2033 |
|
|
|
CLP |
|
|
|
1,311,820 |
|
|
|
(15 |
) |
|
|
– |
|
|
|
(15 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(1,333 |
) |
|
$ |
– |
|
|
$ |
(1,333 |
) |
SEI Institutional International Trust
A list of the open centrally cleared swap agreements held by the Fund at March 31, 2023, is as follows:
Credit Default Swaps |
Reference Entity/ Obligation |
|
Buy/Sell Protection |
|
|
(Pays)/Receives Rate |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments/ Receipts
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
CDX .39 100 BPS 06/20/28 |
|
|
Buy |
|
|
|
1.00% |
|
|
|
Quarterly |
|
|
|
06/20/2028 |
|
|
$ |
5,950 |
|
|
$ |
343 |
|
|
$ |
420 |
|
|
$ |
(77 |
) |
CDX.EM.39.V1 06/20/2028 |
|
|
Buy |
|
|
|
1.00% |
|
|
|
Quarterly |
|
|
|
06/20/2028 |
|
|
|
11,502 |
|
|
|
714 |
|
|
|
774 |
|
|
|
(60 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
1,057 |
|
|
$ |
1,194 |
|
|
$ |
(137 |
) |
Interest Rate Swaps |
Fund Pays |
|
Fund Receives |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Currency |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments/ Receipts
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
1-DAY BRL - CETIP |
|
|
4.835% |
|
|
|
Annually |
|
|
|
01/02/2024 |
|
|
|
BRL |
|
|
|
21,544 |
|
|
$ |
(269 |
) |
|
$ |
– |
|
|
$ |
(269 |
) |
1-DAY BRL - CETIP |
|
|
5.9725% |
|
|
|
Annually |
|
|
|
01/02/2024 |
|
|
|
BRL |
|
|
|
5,677 |
|
|
|
(62 |
) |
|
|
– |
|
|
|
(62 |
) |
1-DAY BRL - CETIP |
|
|
5.65% |
|
|
|
Annually |
|
|
|
01/02/2025 |
|
|
|
BRL |
|
|
|
12,389 |
|
|
|
(282 |
) |
|
|
– |
|
|
|
(282 |
) |
1-DAY BRL - CETIP |
|
|
11.4025% FIXED |
|
|
|
Annually |
|
|
|
01/02/2026 |
|
|
|
BRL |
|
|
|
2,544 |
|
|
|
(6 |
) |
|
|
– |
|
|
|
(6 |
) |
1-DAY BRL - CETIP |
|
|
11.57% FIXED |
|
|
|
Annually |
|
|
|
01/02/2026 |
|
|
|
BRL |
|
|
|
7,697 |
|
|
|
(12 |
) |
|
|
– |
|
|
|
(12 |
) |
1-DAY BRL - CETIP |
|
|
12.67% FIXED |
|
|
|
Annually |
|
|
|
01/04/2027 |
|
|
|
BRL |
|
|
|
13,376 |
|
|
|
67 |
|
|
|
– |
|
|
|
67 |
|
1-DAY BRL - CETIP |
|
|
12.68% FIXED |
|
|
|
Annually |
|
|
|
01/04/2027 |
|
|
|
BRL |
|
|
|
11,490 |
|
|
|
60 |
|
|
|
– |
|
|
|
60 |
|
1-DAY BRL - CETIP |
|
|
13.0175% FIXED |
|
|
|
Annually |
|
|
|
01/04/2027 |
|
|
|
BRL |
|
|
|
3,878 |
|
|
|
29 |
|
|
|
– |
|
|
|
29 |
|
1-DAY BRL - CETIP |
|
|
12.7575% |
|
|
|
Annually |
|
|
|
01/04/2027 |
|
|
|
BRL |
|
|
|
22,311 |
|
|
|
126 |
|
|
|
– |
|
|
|
126 |
|
1-DAY BRL - CETIP |
|
|
.99% |
|
|
|
Annually |
|
|
|
01/02/2024 |
|
|
|
BRL |
|
|
|
6,670 |
|
|
|
(81 |
) |
|
|
– |
|
|
|
(81 |
) |
7.14% |
|
|
COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE |
|
|
|
Quarterly |
|
|
|
01/31/2027 |
|
|
|
COP |
|
|
|
5,450,883 |
|
|
|
70 |
|
|
|
– |
|
|
|
70 |
|
6.395% |
|
|
COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE |
|
|
|
Quarterly |
|
|
|
01/06/2027 |
|
|
|
COP |
|
|
|
752,360 |
|
|
|
13 |
|
|
|
– |
|
|
|
13 |
|
28-DAY MXN - TIIE |
|
|
8.04% FIXED |
|
|
|
Monthly |
|
|
|
01/07/2028 |
|
|
|
MXN |
|
|
|
23,876 |
|
|
|
(28 |
) |
|
|
– |
|
|
|
(28 |
) |
28-DAY MXN - TIIE |
|
|
8.1447% FIXED |
|
|
|
Monthly |
|
|
|
01/07/2028 |
|
|
|
MXN |
|
|
|
29,415 |
|
|
|
(28 |
) |
|
|
– |
|
|
|
(28 |
) |
28-DAY MXN - TIIE |
|
|
8.0942% FIXED |
|
|
|
Monthly |
|
|
|
01/07/2028 |
|
|
|
MXN |
|
|
|
29,410 |
|
|
|
(31 |
) |
|
|
– |
|
|
|
(31 |
) |
28-DAY MXN - TIIE |
|
|
8.5793% FIXED |
|
|
|
Monthly |
|
|
|
02/03/2028 |
|
|
|
MXN |
|
|
|
23,784 |
|
|
|
– |
|
|
|
(3 |
) |
|
|
3 |
|
7.64% |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
01/01/2032 |
|
|
|
MXN |
|
|
|
23,014 |
|
|
|
58 |
|
|
|
– |
|
|
|
58 |
|
7.345% |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
11/10/2031 |
|
|
|
MXN |
|
|
|
15,930 |
|
|
|
56 |
|
|
|
– |
|
|
|
56 |
|
10.0455% FIXED |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
03/20/2025 |
|
|
|
MXN |
|
|
|
42,233 |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
10.7703% FIXED |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
02/25/2025 |
|
|
|
MXN |
|
|
|
141,000 |
|
|
|
(88 |
) |
|
|
– |
|
|
|
(88 |
) |
6.82% |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
09/10/2029 |
|
|
|
MXN |
|
|
|
17,915 |
|
|
|
79 |
|
|
|
– |
|
|
|
79 |
|
6.9225% |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
08/31/2029 |
|
|
|
MXN |
|
|
|
42,602 |
|
|
|
176 |
|
|
|
– |
|
|
|
176 |
|
10.8003 % FIXED |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
02/26/2025 |
|
|
|
MXN |
|
|
|
141,000 |
|
|
|
(93 |
) |
|
|
– |
|
|
|
(93 |
) |
9.33% FIXED |
|
|
28-DAY MXN - TIIE |
|
|
|
Monthly |
|
|
|
03/25/2026 |
|
|
|
MXN |
|
|
|
59,098 |
|
|
|
12 |
|
|
|
– |
|
|
|
12 |
|
9.02% FIXED |
|
|
COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE |
|
|
|
Quarterly |
|
|
|
08/11/2032 |
|
|
|
COP |
|
|
|
2,184,690 |
|
|
|
(12 |
) |
|
|
– |
|
|
|
(12 |
) |
8.37% |
|
|
COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE |
|
|
|
Quarterly |
|
|
|
04/13/2024 |
|
|
|
COP |
|
|
|
11,102,749 |
|
|
|
74 |
|
|
|
– |
|
|
|
74 |
|
3-MONTH ZAR - JIBAR |
|
|
10.14% FIXED |
|
|
|
Quarterly |
|
|
|
01/12/2033 |
|
|
|
ZAR |
|
|
|
45,127 |
|
|
|
(25 |
) |
|
|
– |
|
|
|
(25 |
) |
3-MONTH ZAR - JIBAR |
|
|
10.21% FIXED |
|
|
|
Quarterly |
|
|
|
01/12/2033 |
|
|
|
ZAR |
|
|
|
40,248 |
|
|
|
(18 |
) |
|
|
– |
|
|
|
(18 |
) |
1.225% FIXED |
|
|
3-MONTH TWD - TAIBOR |
|
|
|
Quarterly |
|
|
|
02/08/2028 |
|
|
|
TWD |
|
|
|
60,000 |
|
|
|
12 |
|
|
|
– |
|
|
|
12 |
|
3-MONTH ILS - TELEBOR |
|
|
3.47% FIXED |
|
|
|
Quarterly |
|
|
|
01/06/2028 |
|
|
|
ILS |
|
|
|
7,202 |
|
|
|
21 |
|
|
|
– |
|
|
|
21 |
|
3-MONTH ILS - TELEBOR |
|
|
3.5% FIXED |
|
|
|
Quarterly |
|
|
|
01/06/2028 |
|
|
|
ILS |
|
|
|
7,770 |
|
|
|
19 |
|
|
|
– |
|
|
|
19 |
|
3-MONTH ILS - TELEBOR |
|
|
3.465% FIXED |
|
|
|
Quarterly |
|
|
|
01/09/2028 |
|
|
|
ILS |
|
|
|
7,415 |
|
|
|
21 |
|
|
|
– |
|
|
|
21 |
|
3-MONTH ILS - TELEBOR |
|
|
3.1% FIXED |
|
|
|
Quarterly |
|
|
|
01/16/2028 |
|
|
|
ILS |
|
|
|
4,547 |
|
|
|
33 |
|
|
|
– |
|
|
|
33 |
|
3-MONTH ILS - TELEBOR |
|
|
3.1% FIXED |
|
|
|
Quarterly |
|
|
|
01/16/2028 |
|
|
|
ILS |
|
|
|
5,079 |
|
|
|
36 |
|
|
|
– |
|
|
|
36 |
|
3-MONTH ILS - TELEBOR |
|
|
4.3% |
|
|
|
Quarterly |
|
|
|
03/09/2028 |
|
|
|
ILS |
|
|
|
3,065 |
|
|
|
(22 |
) |
|
|
– |
|
|
|
(22 |
) |
6-MONTH HUF - BURBOR |
|
|
8.65% FIXED |
|
|
|
Semi-Annually |
|
|
|
02/06/2028 |
|
|
|
HUF |
|
|
|
397,735 |
|
|
|
(41 |
) |
|
|
– |
|
|
|
(41 |
) |
6-MONTH HUF - BURBOR |
|
|
8.72% FIXED |
|
|
|
Semi-Annually |
|
|
|
02/10/2028 |
|
|
|
HUF |
|
|
|
518,624 |
|
|
|
(49 |
) |
|
|
– |
|
|
|
(49 |
) |
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Continued)
Fund Pays |
|
Fund Receives |
|
|
Payment Frequency |
|
|
Termination Date |
|
|
Currency |
|
|
Notional Amount
(Thousands) |
|
|
Value
(Thousands) |
|
|
Upfront Payments/ Receipts
(Thousands) |
|
|
Net Unrealized
Appreciation
(Depreciation)
(Thousands) |
|
1-DAY-CLP - Sinacofi Chile Interbank Rate Avg |
|
|
2.145% |
|
|
|
Semi-Annually |
|
|
|
08/24/2030 |
|
|
|
CLP |
|
|
|
444,725 |
|
|
$ |
(107 |
) |
|
$ |
– |
|
|
$ |
(107 |
) |
2.33% |
|
1-DAY-CLP - Sinacofi Chile Interbank Rate Avg |
|
|
|
Semi-Annually |
|
|
|
06/05/2030 |
|
|
|
CLP |
|
|
|
830,041 |
|
|
|
134 |
|
|
|
– |
|
|
|
134 |
|
6-MONTH CZK - PRIBOR |
|
|
4.353% FIXED |
|
|
|
Semi-Annually |
|
|
|
01/23/2028 |
|
|
|
CZK |
|
|
|
55,908 |
|
|
|
(64 |
) |
|
|
– |
|
|
|
(64 |
) |
6-MONTH CZK - PRIBOR |
|
|
4.518% FIXED |
|
|
|
Semi-Annually |
|
|
|
01/27/2028 |
|
|
|
CZK |
|
|
|
26,994 |
|
|
|
22 |
|
|
|
– |
|
|
|
22 |
|
5.93% FIXED |
|
|
6M PRAGUE INTERBANK OFFER RATE (PRIBOR) |
|
|
|
Annually |
|
|
|
03/24/2025 |
|
|
|
CZK |
|
|
|
168,037 |
|
|
|
(35 |
) |
|
|
– |
|
|
|
(35 |
) |
6M PRAGUE INTERBANK OFFER RATE (PRIBOR) |
|
|
4.508% FIXED |
|
|
|
Semi-Annually |
|
|
|
12/06/2027 |
|
|
|
CZK |
|
|
|
53,176 |
|
|
|
(54 |
) |
|
|
– |
|
|
|
(54 |
) |
1.9865% |
|
|
6-MONTH PLN - WIBOR |
|
|
|
Annually |
|
|
|
03/25/2024 |
|
|
|
PLN |
|
|
|
12,430 |
|
|
|
133 |
|
|
|
– |
|
|
|
133 |
|
6.74% FIXED |
|
|
6-MONTH PLN - WIBOR |
|
|
|
Annually |
|
|
|
09/28/2032 |
|
|
|
PLN |
|
|
|
1,601 |
|
|
|
(34 |
) |
|
|
– |
|
|
|
(34 |
) |
6.86% |
|
|
6-MONTH PLN - WIBOR |
|
|
|
Annually |
|
|
|
09/30/2032 |
|
|
|
PLN |
|
|
|
1,122 |
|
|
|
(26 |
) |
|
|
– |
|
|
|
(26 |
) |
1-DAY BRL - CETIP |
|
|
6.77% FIXED |
|
|
|
Annually |
|
|
|
01/02/2025 |
|
|
|
BRL |
|
|
|
4,102 |
|
|
|
(80 |
) |
|
|
– |
|
|
|
(80 |
) |
1-DAY BRL - CETIP |
|
|
5.76% |
|
|
|
Annually |
|
|
|
01/02/2024 |
|
|
|
BRL |
|
|
|
8,953 |
|
|
|
(103 |
) |
|
|
– |
|
|
|
(103 |
) |
1-DAY BRL - CETIP |
|
|
6.5% FIXED |
|
|
|
Annually |
|
|
|
01/02/2024 |
|
|
|
BRL |
|
|
|
4,808 |
|
|
|
(51 |
) |
|
|
– |
|
|
|
(51 |
) |
1-DAY BRL - CETIP |
|
|
6.455% |
|
|
|
Annually |
|
|
|
01/02/2025 |
|
|
|
BRL |
|
|
|
3,591 |
|
|
|
(73 |
) |
|
|
– |
|
|
|
(73 |
) |
1-DAY BRL - CETIP |
|
|
6.82% |
|
|
|
Annually |
|
|
|
01/02/2025 |
|
|
|
BRL |
|
|
|
3,362 |
|
|
|
(65 |
) |
|
|
– |
|
|
|
(65 |
) |
3-MONTH ZAR - JIBAR |
|
|
7.6647% FIXED |
|
|
|
Quarterly |
|
|
|
01/27/2028 |
|
|
|
ZAR |
|
|
|
22,119 |
|
|
|
(21 |
) |
|
|
– |
|
|
|
(21 |
) |
3-MONTH ZAR - JIBAR |
|
|
7.6725% FIXED |
|
|
|
Quarterly |
|
|
|
01/26/2028 |
|
|
|
ZAR |
|
|
|
78,197 |
|
|
|
(72 |
) |
|
|
– |
|
|
|
(72 |
) |
3-MONTH ZAR - JIBAR |
|
|
7.6672% FIXED |
|
|
|
Quarterly |
|
|
|
01/27/2028 |
|
|
|
ZAR |
|
|
|
11,394 |
|
|
|
(11 |
) |
|
|
– |
|
|
|
(11 |
) |
3-MONTH ZAR - JIBAR |
|
|
7.6797% FIXED |
|
|
|
Quarterly |
|
|
|
02/01/2028 |
|
|
|
ZAR |
|
|
|
27,540 |
|
|
|
(25 |
) |
|
|
– |
|
|
|
(25 |
) |
1.89% FIXED |
|
|
THB - THAI OVERNIGHT REPURCHASE RATE (THOR) |
|
|
|
Quarterly |
|
|
|
01/12/2025 |
|
|
|
THB |
|
|
|
85,000 |
|
|
|
11 |
|
|
|
– |
|
|
|
11 |
|
2.175% FIXED |
|
|
THB - THAI OVERNIGHT REPURCHASE RATE (THOR) |
|
|
|
Quarterly |
|
|
|
01/12/2028 |
|
|
|
THB |
|
|
|
35,000 |
|
|
|
10 |
|
|
|
– |
|
|
|
10 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(696 |
) |
|
$ |
(3 |
) |
|
$ |
(693 |
) |
SEI Institutional International Trust
|
Percentages are based on Net Assets of $1,265,406 ($ Thousands). |
** |
The rate reported is the 7-day effective yield as of March 31, 2023. |
† |
Investment in Affiliated Security (see Note 5). |
(A) |
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On March 31, 2023, the value of these securities amounted to $202,415 ($ Thousands), representing 16.0% of the Net Assets of the Fund. |
(B) |
Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
(C) |
Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
(D) |
Zero coupon security. |
(E) |
Certain securities or partial positions of certain securities are on loan at March 31, 2023 (see Note 9). |
(F) |
Perpetual security with no stated maturity date. |
(G) |
Security is in default on interest payment. |
(H) |
Interest rate represents the security's effective yield at the time of purchase. |
(I) |
This security was purchased with cash collateral held from securities on loan (see Note 9). The total market value of such securities as of March 31, 2023 was $33,175 ($ Thousands). |
The following is a summary of the level of inputs used as of March 31, 2023, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
Investments in Securities |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($) |
|
|
Total
($) |
|
Global Bonds |
|
|
– |
|
|
|
1,203,836 |
|
|
|
– |
|
|
|
1,203,836 |
|
U.S. Treasury Obligation |
|
|
– |
|
|
|
5,736 |
|
|
|
– |
|
|
|
5,736 |
|
Affiliated Partnership |
|
|
– |
|
|
|
33,175 |
|
|
|
– |
|
|
|
33,175 |
|
Total Investments in Securities |
|
|
– |
|
|
|
1,242,747 |
|
|
|
– |
|
|
|
1,242,747 |
|
Other Financial Instruments |
|
Level 1
($) |
|
|
Level 2
($) |
|
|
Level 3
($) |
|
|
Total
($) |
|
Futures Contracts* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
864 |
|
|
|
– |
|
|
|
– |
|
|
|
864 |
|
Unrealized Depreciation |
|
|
(1,061 |
) |
|
|
– |
|
|
|
– |
|
|
|
(1,061 |
) |
Forward Contracts* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
7,202 |
|
|
|
– |
|
|
|
7,202 |
|
Unrealized Depreciation |
|
|
– |
|
|
|
(9,723 |
) |
|
|
– |
|
|
|
(9,723 |
) |
OTC Swaps |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Rate Swaps* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
362 |
|
|
|
– |
|
|
|
362 |
|
Unrealized Depreciation |
|
|
– |
|
|
|
(1,695 |
) |
|
|
– |
|
|
|
(1,695 |
) |
Centrally Cleared Swaps |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit Default Swaps* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Depreciation |
|
|
– |
|
|
|
(137 |
) |
|
|
– |
|
|
|
(137 |
) |
Interest Rate Swaps* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized Appreciation |
|
|
– |
|
|
|
1,275 |
|
|
|
– |
|
|
|
1,275 |
|
Unrealized Depreciation |
|
|
– |
|
|
|
(1,968 |
) |
|
|
– |
|
|
|
(1,968 |
) |
Total Other Financial Instruments |
|
|
(197 |
) |
|
|
(4,684 |
) |
|
|
– |
|
|
|
(4,881 |
) |
|
*
|
Futures contracts, forwards contracts and swap contracts are valued at the unrealized appreciation (depreciation) on the instrument.
|
For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.
SEI Institutional International Trust
SCHEDULE OF INVESTMENTS (Unaudited)
March 31, 2023
Emerging Markets Debt Fund (Concluded)
The following is a summary of the transactions with affiliates for the period ended March 31, 2023 ($ Thousands):
Security Description |
|
Value 9/30/2022 |
|
|
Purchases at Cost |
|
|
Proceeds from Sales |
|
|
Realized Gain/(Loss) |
|
|
Change in Unrealized Appreciation/(Depreciation) |
|
|
Value 3/31/2023 |
|
|
Income |
|
|
Capital Gains |
|
SEI Liquidity Fund, LP |
|
$ |
55,210 |
|
|
$ |
121,165 |
|
|
$ |
(143,206 |
) |
|
$ |
— |
|
|
$ |
6 |
|
|
$ |
33,175 |
|
|
$ |
135 |
|
|
$ |
— |
|
Amounts designated as “—” are $0 or have been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
Glossary: (abbreviations which may be used in the preceding Schedules of Investments)
Currency Abbreviations |
AUD — Australian Dollar |
BRL — Brazilian Real |
CAD — Canadian Dollar |
CHF — Swiss Franc |
CLP — Chilean Peso |
CNH — Chinese Yuan Offshore |
CNY — Chinese Yuan Onshore |
COP — Colombian Peso |
CZK — Czech Koruna |
DKK — Danish Krone |
DOP — Dominican Peso |
EGP — Egyptian Pound |
EUR — Euro |
GBP — British Pound Sterling |
GHS — Ghanaian Cedi |
HKD — Hong Kong Dollar |
HUF — Hungarian Forint |
IDR — Indonesian Rupiah |
ILS — Israeli New Sheckels |
INR — Indian Rupee |
JPY — Japanese Yen |
KRW — Korean Won |
MXN — Mexican Peso |
MYR — Malaysian Ringgit |
NGN — Nigerian Naira |
NOK — Norwegian Krone |
NZD — New Zealand Dollar |
PEN — Peruvian Nuevo Sol |
PHP— Philippine Peso |
PLN — Polish Zloty |
RON — Romanian Leu |
RSD — Dinar |
RUB — Russian Ruble |
SEK — Swedish Krona |
SGD — Singapore Dollar |
THB — Thai Baht |
TRY — Turkish Lira |
TWD — Taiwan Dollar |
UAH — Ukrainian Hryvnia |
UGX — Ugandan Shilling |
USD — U.S. Dollar |
UYU — Uruguayan Peso |
VND — Vietnamese Dong |
ZAR — South African Rand |
ZMW — Zambian Kwacha |
| |
Portfolio Abbreviations |
ACES — Alternative Credit Enhancement Structure |
ADR — American Depositary Receipt |
AGC — Assured Guaranty Corporation |
AGM— Assured Guaranty Municipal |
ARM — Adjustable Rate Mortgage |
BUBOR — Budapest Interbank Offered Rate |
CDO — Collateralized Debt Obligation |
CETIP — Central Custody and Financial Settlement of Securities |
Cl — Class |
CMO — Collateralized Mortgage Obligation |
CPI — Consumer Price Index |
DAC — Designated Activity Company |
ETF — Exchange-Traded Fund |
EURIBOR — Euro London Interbank Offered Rate |
FEDEF — U.S. Federal Funds Effective Rate |
FFCB — Federal Farm Credit Bank |
FHLB — Federal Home Loan Bank |
FHLMC — Federal Home Loan Mortgage Corporation |
FNMA — Federal National Mortgage Association |
GNMA — Government National Mortgage Association |
GO — General Obligation |
H15T7Y — US Treasury Yield Curve Rate T Note Constant Maturity 7 Year |
IO — Interest Only — face amount represents notional amount |
JIBAR — Johannesburg Interbank Average Rate |
JSC — Joint-Stock Company |
LIBOR— London Interbank Offered Rate |
LLLP — Limited Liability Limited Partnership |
LP — Limited Partnership |
MIBOR — Mumbai Interbank Offered Rate |
MTN — Medium Term Note |
MXN TIIE — Mexican Interbank TIIE 28-Day |
NIBOR — Norwegian Interbank Offered Rate |
NVDR — Non-voting Depository Receipt |
OIS — Overnight Index Swap |
OTC — Over The Counter |
PIK — Payment-in-Kind |
PJSC — Public Joint-Stock Company |
PO — Principal Only |
PRIBOR — Prague Interbank Offered Rate |
RB — Revenue Bond |
REIT — Real Estate Investment Trust |
REMIC — Real Estate Mortgage Investment Conduit |
Re-REMIC — Resecuritization of Real Estate Mortgage Investment Conduit |
Ser — Series |
SOFR — Secured Overnight Financing Rate |
SOFR30A — Secured Overnight Financing Rate 30-day Average |
SOFRINDX — Custom SOFR Index |
SPDR — Standard & Poor's Depository Receipt |
STACR — Structured Agency Credit Risk |
TAIBOR — Taiwan Interbank Rate |
TBA — To Be Announced |
TELEBOR — Tel Aviv Interbank Offered Rate |
WIBOR— Warsaw Interbank Offered Rate |
| |
SEI Institutional International Trust
STATEMENTS OF ASSETS AND LIABILITIES (Unaudited) ($ Thousands)
March 31, 2023
| |
|
International Equity Fund |
|
|
Emerging Markets Equity Fund |
|
|
International Fixed Income Fund |
|
|
Emerging Markets Debt Fund |
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments, at value † |
|
$ |
3,920,823 |
* |
|
$ |
1,434,767 |
* |
|
$ |
455,248 |
|
|
$ |
1,209,572 |
* |
Affiliated investments, at value †† |
|
|
188,253 |
|
|
|
33,649 |
|
|
|
– |
|
|
|
33,175 |
|
Cash |
|
|
38,288 |
|
|
|
17,816 |
|
|
|
6,744 |
|
|
|
28,814 |
|
Cash pledged as collateral for futures contracts |
|
|
2,587 |
|
|
|
761 |
|
|
|
802 |
|
|
|
927 |
|
Cash pledged as collateral for swap contracts |
|
|
– |
|
|
|
– |
|
|
|
458 |
|
|
|
3,143 |
|
Foreign currency, at value ††† |
|
|
6,901 |
|
|
|
6,684 |
|
|
|
1,371 |
|
|
|
17,582 |
|
Receivable for fund shares sold |
|
|
1,829 |
|
|
|
890 |
|
|
|
105 |
|
|
|
545 |
|
Receivable for investment securities sold |
|
|
391 |
|
|
|
3,066 |
|
|
|
1,710 |
|
|
|
4,804 |
|
Dividends and interest receivable |
|
|
15,020 |
|
|
|
6,903 |
|
|
|
3,402 |
|
|
|
20,128 |
|
Unrealized gain on forward foreign currency contracts |
|
|
– |
|
|
|
– |
|
|
|
2,085 |
|
|
|
7,202 |
|
Unrealized gain on foreign spot currency contracts |
|
|
1 |
|
|
|
– |
|
|
|
353 |
|
|
|
23 |
|
Due from broker |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
1,339 |
|
Swap contracts, at value †††† |
|
|
1,667 |
|
|
|
– |
|
|
|
70 |
|
|
|
362 |
|
Foreign tax reclaim receivable |
|
|
24,044 |
|
|
|
123 |
|
|
|
– |
|
|
|
– |
|
Receivable for variation margin |
|
|
252 |
|
|
|
– |
|
|
|
167 |
|
|
|
349 |
|
Prepaid expenses |
|
|
53 |
|
|
|
20 |
|
|
|
6 |
|
|
|
17 |
|
Total Assets |
|
|
4,200,109 |
|
|
|
1,504,679 |
|
|
|
472,521 |
|
|
|
1,327,982 |
|
Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payable upon return on securities loaned |
|
|
154,475 |
|
|
|
11,569 |
|
|
|
– |
|
|
|
33,167 |
|
Payable for investment securities purchased |
|
|
1,872 |
|
|
|
4,140 |
|
|
|
1,154 |
|
|
|
15,190 |
|
Payable for fund shares redeemed |
|
|
2,667 |
|
|
|
685 |
|
|
|
144 |
|
|
|
708 |
|
Swap contracts, at value †††† |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
1,695 |
|
Payable for variation margin |
|
|
– |
|
|
|
75 |
|
|
|
189 |
|
|
|
371 |
|
Administration fees payable |
|
|
1,048 |
|
|
|
553 |
|
|
|
76 |
|
|
|
444 |
|
Unrealized loss on foreign currency spot contracts |
|
|
– |
|
|
|
– |
|
|
|
121 |
|
|
|
20 |
|
Unrealized loss on forward foreign currency contracts |
|
|
– |
|
|
|
– |
|
|
|
6,792 |
|
|
|
9,723 |
|
Trustees fees payable |
|
|
3 |
|
|
|
1 |
|
|
|
– |
|
|
|
1 |
|
Chief compliance officer fees payable |
|
|
6 |
|
|
|
3 |
|
|
|
1 |
|
|
|
2 |
|
Administrative servicing fees payable |
|
|
4 |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
Shareholder servicing fees payable |
|
|
298 |
|
|
|
279 |
|
|
|
92 |
|
|
|
241 |
|
Investment advisory fees payable |
|
|
1,696 |
|
|
|
1,168 |
|
|
|
88 |
|
|
|
654 |
|
Accrued expense payable |
|
|
647 |
|
|
|
467 |
|
|
|
152 |
|
|
|
360 |
|
Accrued foreign capital gains tax on appreciated securities |
|
|
– |
|
|
|
2,511 |
|
|
|
– |
|
|
|
– |
|
Total Liabilities |
|
|
162,716 |
|
|
|
21,451 |
|
|
|
8,809 |
|
|
|
62,576 |
|
Net Assets |
|
$ |
4,037,393 |
|
|
$ |
1,483,228 |
|
|
$ |
463,712 |
|
|
$ |
1,265,406 |
|
† Cost of investments |
|
$ |
3,563,787 |
|
|
$ |
1,290,183 |
|
|
$ |
511,168 |
|
|
$ |
1,363,064 |
|
†† Cost of affiliated investments |
|
|
188,223 |
|
|
|
33,642 |
|
|
|
– |
|
|
|
33,174 |
|
††† Cost of foreign currency |
|
|
6,893 |
|
|
|
6,624 |
|
|
|
1,356 |
|
|
|
16,776 |
|
†††† Cost (premiums received) |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
* Includes market value of securities on loan |
|
|
144,149 |
|
|
|
10,679 |
|
|
|
– |
|
|
|
33,774 |
|
SEI Institutional International Trust
STATEMENTS OF ASSETS AND LIABILITIES (Unaudited) ($ Thousands)
March 31, 2023
| |
|
International Equity Fund |
|
|
Emerging Markets Equity Fund |
|
|
International Fixed Income Fund |
|
|
Emerging Markets Debt Fund |
|
Net Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Paid-in Capital — (unlimited authorization — no par value) |
|
$ |
3,821,484 |
|
|
$ |
1,536,250 |
|
|
$ |
570,782 |
|
|
$ |
1,625,473 |
|
Total distributable earnings/(loss) |
|
|
215,909 |
|
|
|
(53,022 |
) |
|
|
(107,070 |
) |
|
|
(360,067 |
) |
Net Assets |
|
$ |
4,037,393 |
|
|
$ |
1,483,228 |
|
|
$ |
463,712 |
|
|
$ |
1,265,406 |
|
Net Asset Value, Offering and Redemption Price Per Share — Class F |
|
$ |
10.96 |
|
|
$ |
10.41 |
|
|
$ |
8.34 |
|
|
$ |
8.35 |
|
| |
|
|
($3,659,487,733 ÷
333,948,712 shares |
) |
|
|
($1,344,328,022 ÷
129,167,011 shares |
) |
|
|
($399,374,017 ÷
47,902,549 shares |
) |
|
|
($1,160,317,035 ÷
138,944,061 shares |
) |
Net Asset Value, Offering and Redemption Price Per Share — Class I |
|
$ |
11.00 |
|
|
|
N/A |
|
|
|
N/A |
|
|
|
N/A |
|
| |
|
|
($953,799 ÷
86,745 shares |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Net Asset Value, Offering and Redemption Price Per Share — Class Y |
|
$ |
10.95 |
|
|
$ |
10.41 |
|
|
$ |
8.36 |
|
|
$ |
8.31 |
|
| |
|
|
($376,951,698 ÷
34,424,804 shares |
) |
|
|
($138,900,373 ÷
13,348,340 shares |
) |
|
|
($64,337,701 ÷
7,695,408 shares |
) |
|
|
($105,088,866 ÷
12,650,852 shares |
) |
N/A — Not applicable. Share classes currently not offered.
Amounts designated as “—” are $0 or have been rounded to $0.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
STATEMENTS OF OPERATIONS (Unaudited) ($ Thousands)
For the six months ended March 31, 2023
| |
|
International Equity Fund |
|
|
Emerging Markets Equity Fund |
|
|
International Fixed Income Fund |
|
|
Emerging Markets Debt Fund |
|
Investment Income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends |
|
$ |
48,565 |
|
|
$ |
25,829 |
|
|
$ |
– |
|
|
$ |
– |
|
Income from affiliated investments(1) |
|
|
774 |
|
|
|
262 |
|
|
|
– |
|
|
|
– |
|
Interest Income |
|
|
951 |
|
|
|
326 |
|
|
|
5,280 |
|
|
|
43,668 |
|
Security lending income — net(2)(3) |
|
|
279 |
|
|
|
75 |
|
|
|
– |
|
|
|
135 |
|
Less: foreign taxes withheld |
|
|
(4,323 |
) |
|
|
(3,055 |
) |
|
|
(62 |
) |
|
|
(305 |
) |
Total Investment Income |
|
|
46,246 |
|
|
|
23,437 |
|
|
|
5,218 |
|
|
|
43,498 |
|
Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment advisory fees |
|
|
9,752 |
|
|
|
7,600 |
|
|
|
700 |
|
|
|
5,262 |
|
Administration fees |
|
|
6,101 |
|
|
|
3,253 |
|
|
|
1,050 |
|
|
|
2,786 |
|
Shareholder servicing fees — Class F |
|
|
4,399 |
|
|
|
1,648 |
|
|
|
499 |
|
|
|
1,431 |
|
Shareholder servicing fees — Class I |
|
|
1 |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
Administrative servicing fees — Class I |
|
|
1 |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
Printing fees |
|
|
250 |
|
|
|
93 |
|
|
|
30 |
|
|
|
79 |
|
Custodian/wire agent fees |
|
|
228 |
|
|
|
459 |
|
|
|
51 |
|
|
|
211 |
|
Professional fees |
|
|
115 |
|
|
|
43 |
|
|
|
14 |
|
|
|
36 |
|
Trustees' fees |
|
|
49 |
|
|
|
19 |
|
|
|
6 |
|
|
|
16 |
|
Registration fees |
|
|
42 |
|
|
|
17 |
|
|
|
6 |
|
|
|
14 |
|
Chief compliance officer fees |
|
|
13 |
|
|
|
5 |
|
|
|
2 |
|
|
|
5 |
|
Other expenses |
|
|
111 |
|
|
|
62 |
|
|
|
76 |
|
|
|
118 |
|
Total Expenses |
|
|
21,062 |
|
|
|
13,199 |
|
|
|
2,434 |
|
|
|
9,958 |
|
Less: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Waiver of investment advisory fees |
|
|
– |
|
|
|
(724 |
) |
|
|
(103 |
) |
|
|
(1,423 |
) |
Waiver of administration fees |
|
|
– |
|
|
|
– |
|
|
|
(28 |
) |
|
|
(212 |
) |
Waiver of shareholder servicing fees — Class F |
|
|
(35 |
) |
|
|
– |
|
|
|
– |
|
|
|
– |
|
Net Expenses |
|
|
21,027 |
|
|
|
12,475 |
|
|
|
2,303 |
|
|
|
8,323 |
|
Net Investment Income |
|
|
25,219 |
|
|
|
10,962 |
|
|
|
2,915 |
|
|
|
35,175 |
|
Net Realized Gain (Loss) on: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments |
|
|
(2,874 |
) |
|
|
(45,005 |
) |
|
|
(7,842 |
) |
|
|
(48,263 |
) |
Affiliated investments |
|
|
6 |
|
|
|
1 |
|
|
|
– |
|
|
|
– |
|
Futures contracts |
|
|
4,552 |
|
|
|
(562 |
) |
|
|
2,956 |
|
|
|
542 |
|
Swap contracts |
|
|
(3,027 |
) |
|
|
– |
|
|
|
89 |
|
|
|
(4,906 |
) |
Purchased option contracts |
|
|
– |
|
|
|
– |
|
|
|
(14 |
) |
|
|
– |
|
Foreign currency transactions |
|
|
788 |
|
|
|
(3,884 |
) |
|
|
(7,427 |
) |
|
|
(21,454 |
) |
Forward foreign currency contracts |
|
|
– |
|
|
|
– |
|
|
|
(13,624 |
) |
|
|
3,769 |
|
Net Realized Gain (Loss) |
|
|
(555 |
) |
|
|
(49,450 |
) |
|
|
(25,862 |
) |
|
|
(70,312 |
) |
Net Change in Unrealized Appreciation (Depreciation) on: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments |
|
|
922,725 |
|
|
|
246,810 |
|
|
|
55,275 |
|
|
|
180,702 |
|
Affiliated investments |
|
|
7 |
|
|
|
7 |
|
|
|
– |
|
|
|
6 |
|
Futures contracts |
|
|
5,275 |
|
|
|
2,901 |
|
|
|
(923 |
) |
|
|
805 |
|
Swap contracts |
|
|
1,667 |
|
|
|
– |
|
|
|
(450 |
) |
|
|
211 |
|
Foreign capital gains tax on appreciated securities |
|
|
– |
|
|
|
(302 |
) |
|
|
– |
|
|
|
– |
|
Foreign currency translation of other assets and liabilities denominated in foreign currencies |
|
|
2,158 |
|
|
|
(2,167 |
) |
|
|
528 |
|
|
|
1,819 |
|
Forward foreign currency contracts |
|
|
– |
|
|
|
– |
|
|
|
(16,391 |
) |
|
|
1,128 |
|
Net Change in Unrealized Appreciation (Depreciation) |
|
|
931,832 |
|
|
|
247,249 |
|
|
|
38,039 |
|
|
|
184,671 |
|
Net Increase in Net Assets Resulting from Operations |
|
$ |
956,496 |
|
|
$ |
208,761 |
|
|
$ |
15,092 |
|
|
$ |
149,534 |
|
(1) See Note 5 in the Notes to Financial Statements for additional information.
(2) Income is from the investment of collateral in an affiliated security.
(3) See Note 9 in the Notes to Financial Statements for additional information.
Amounts designated as “—” are $0 or have been rounded to $0.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)
For the six months ended March 31, 2023 (Unaudited) and the year ended September 30, 2022
| |
|
International Equity Fund |
|
|
Emerging Markets Equity Fund |
|
| |
|
|
2023 |
|
|
|
2022 |
|
|
|
2023 |
|
|
|
2022 |
|
Operations: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net investment income |
|
$ |
25,219 |
|
|
$ |
82,217 |
|
|
$ |
10,962 |
|
|
$ |
21,374 |
|
Net realized gain (loss) |
|
|
(555 |
) |
|
|
(87,633 |
) |
|
|
(49,450 |
) |
|
|
(112,849 |
) |
Net change in unrealized appreciation (depreciation) |
|
|
931,832 |
|
|
|
(1,233,789 |
) |
|
|
247,249 |
|
|
|
(467,200 |
) |
Net Increase (Decrease) in Net Assets Resulting from Operations |
|
|
956,496 |
|
|
|
(1,239,205 |
) |
|
|
208,761 |
|
|
|
(558,675 |
) |
Distributions: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F |
|
|
(62,491 |
) |
|
|
(554,286 |
) |
|
|
(26,873 |
) |
|
|
(155,826 |
) |
Class I |
|
|
(13 |
) |
|
|
(205 |
) |
|
|
N/A |
|
|
|
N/A |
|
Class Y |
|
|
(6,541 |
) |
|
|
(52,585 |
) |
|
|
(2,793 |
) |
|
|
(13,925 |
) |
Total Distributions |
|
|
(69,045 |
) |
|
|
(607,076 |
) |
|
|
(29,666 |
) |
|
|
(169,751 |
) |
Capital Share Transactions: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from shares issued |
|
|
171,042 |
|
|
|
659,783 |
|
|
|
86,969 |
|
|
|
269,120 |
|
Reinvestment of dividends & distributions |
|
|
57,189 |
|
|
|
509,776 |
|
|
|
24,547 |
|
|
|
142,940 |
|
Cost of shares redeemed |
|
|
(493,203 |
) |
|
|
(610,971 |
) |
|
|
(160,859 |
) |
|
|
(300,852 |
) |
Net Increase (Decrease) from Class F Transactions |
|
|
(264,972 |
) |
|
|
558,588 |
|
|
|
(49,343 |
) |
|
|
111,208 |
|
Class I: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from shares issued |
|
|
25 |
|
|
|
119 |
|
|
|
N/A |
|
|
|
N/A |
|
Reinvestment of dividends & distributions |
|
|
7 |
|
|
|
134 |
|
|
|
N/A |
|
|
|
N/A |
|
Cost of shares redeemed |
|
|
(23 |
) |
|
|
(614 |
) |
|
|
N/A |
|
|
|
N/A |
|
Net Increase (Decrease) from Class I Transactions |
|
|
9 |
|
|
|
(361 |
) |
|
|
N/A |
|
|
|
N/A |
|
Class Y: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from shares issued |
|
|
51,412 |
|
|
|
61,555 |
|
|
|
23,296 |
|
|
|
31,423 |
|
Reinvestment of dividends & distributions |
|
|
6,256 |
|
|
|
48,762 |
|
|
|
2,642 |
|
|
|
13,081 |
|
Cost of shares redeemed |
|
|
(55,618 |
) |
|
|
(47,833 |
) |
|
|
(20,841 |
) |
|
|
(19,189 |
) |
Net Increase from Class Y Transactions |
|
|
2,050 |
|
|
|
62,484 |
|
|
|
5,097 |
|
|
|
25,315 |
|
Net Increase (Decrease) in Net Assets Derived from Capital Share Transactions |
|
|
(262,913 |
) |
|
|
620,711 |
|
|
|
(44,246 |
) |
|
|
136,523 |
|
Net Increase (Decrease) in Net Assets |
|
|
624,538 |
|
|
|
(1,225,570 |
) |
|
|
134,849 |
|
|
|
(591,903 |
) |
Net Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning of Period |
|
|
3,412,855 |
|
|
|
4,638,425 |
|
|
|
1,348,379 |
|
|
|
1,940,282 |
|
End of Period |
|
$ |
4,037,393 |
|
|
$ |
3,412,855 |
|
|
$ |
1,483,228 |
|
|
$ |
1,348,379 |
|
Capital Share Transactions: |
Class F: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued |
|
|
16,844 |
|
|
|
60,257 |
|
|
|
8,664 |
|
|
|
22,651 |
|
Reinvestment of distributions |
|
|
5,730 |
|
|
|
42,320 |
|
|
|
2,485 |
|
|
|
11,093 |
|
Shares redeemed |
|
|
(48,334 |
) |
|
|
(55,594 |
) |
|
|
(15,972 |
) |
|
|
(25,331 |
) |
Total Class F Transactions |
|
|
(25,760 |
) |
|
|
46,983 |
|
|
|
(4,823 |
) |
|
|
8,413 |
|
Class I: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued |
|
|
2 |
|
|
|
10 |
|
|
|
N/A |
|
|
|
N/A |
|
Reinvestment of distributions |
|
|
— |
|
|
|
11 |
|
|
|
N/A |
|
|
|
N/A |
|
Shares redeemed |
|
|
(2 |
) |
|
|
(54 |
) |
|
|
N/A |
|
|
|
N/A |
|
Total Class I Transactions |
|
|
— |
|
|
|
(33 |
) |
|
|
N/A |
|
|
|
N/A |
|
Class Y: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued |
|
|
4,952 |
|
|
|
5,696 |
|
|
|
2,260 |
|
|
|
2,737 |
|
Reinvestment of distributions |
|
|
627 |
|
|
|
4,046 |
|
|
|
267 |
|
|
|
1,014 |
|
Shares redeemed |
|
|
(5,550 |
) |
|
|
(4,363 |
) |
|
|
(2,091 |
) |
|
|
(1,635 |
) |
Total Class Y Transactions |
|
|
29 |
|
|
|
5,379 |
|
|
|
436 |
|
|
|
2,116 |
|
Net Increase (Decrease) in Shares Outstanding from Share Transactions |
|
|
(25,731 |
) |
|
|
52,329 |
|
|
|
(4,387 |
) |
|
|
10,529 |
|
N/A — Not applicable. Share classes currently not offered. |
Amounts designated as "—" are $0 or have been rounded to $0. |
The accompanying notes are an integral part of the financial statements. |
SEI Institutional International Trust
STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands) (Concluded)
For the six months ended March 31, 2023 (Unaudited) and the year ended September 30, 2022
| |
|
International Fixed Income Fund |
|
|
Emerging Markets Debt Fund |
|
| |
|
|
2023 |
|
|
|
2022 |
|
|
|
2023 |
|
|
|
2022 |
|
Operations: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net investment income |
|
$ |
2,915 |
|
|
$ |
3,048 |
|
|
$ |
35,175 |
|
|
$ |
63,584 |
|
Net realized gain (loss) |
|
|
(25,862 |
) |
|
|
51,271 |
|
|
|
(70,312 |
) |
|
|
(153,934 |
) |
Net change in unrealized appreciation (depreciation) |
|
|
38,039 |
|
|
|
(111,526 |
) |
|
|
184,671 |
|
|
|
(288,444 |
) |
Net Increase (Decrease) in Net Assets Resulting from Operations |
|
|
15,092 |
|
|
|
(57,207 |
) |
|
|
149,534 |
|
|
|
(378,794 |
) |
Distributions: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F |
|
|
(45,431 |
) |
|
|
(10,083 |
) |
|
|
(18,483 |
) |
|
|
(22,758 |
) |
Class Y |
|
|
(7,756 |
) |
|
|
(1,763 |
) |
|
|
(1,546 |
) |
|
|
(2,051 |
) |
Total Distributions |
|
|
(53,187 |
) |
|
|
(11,846 |
) |
|
|
(20,029 |
) |
|
|
(24,809 |
) |
Capital Share Transactions: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from shares issued |
|
|
30,623 |
|
|
|
77,857 |
|
|
|
90,017 |
|
|
|
256,735 |
|
Reinvestment of dividends & distributions |
|
|
41,818 |
|
|
|
9,344 |
|
|
|
16,453 |
|
|
|
20,408 |
|
Cost of shares redeemed |
|
|
(51,315 |
) |
|
|
(102,234 |
) |
|
|
(175,248 |
) |
|
|
(227,025 |
) |
Net Increase (Decrease) from Class F Transactions |
|
|
21,126 |
|
|
|
(15,033 |
) |
|
|
(68,778 |
) |
|
|
50,118 |
|
Class Y: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from shares issued |
|
|
7,401 |
|
|
|
14,290 |
|
|
|
28,223 |
|
|
|
19,549 |
|
Reinvestment of dividends & distributions |
|
|
7,508 |
|
|
|
1,627 |
|
|
|
1,481 |
|
|
|
1,913 |
|
Cost of shares redeemed |
|
|
(17,361 |
) |
|
|
(10,257 |
) |
|
|
(18,038 |
) |
|
|
(16,105 |
) |
Net Increase (Decrease) from Class Y Transactions |
|
|
(2,452 |
) |
|
|
5,660 |
|
|
|
11,666 |
|
|
|
5,357 |
|
Net Increase (Decrease) in Net Assets Derived from Capital Share Transactions |
|
|
18,674 |
|
|
|
(9,373 |
) |
|
|
(57,112 |
) |
|
|
55,475 |
|
Net Increase (Decrease) in Net Assets |
|
|
(19,421 |
) |
|
|
(78,426 |
) |
|
|
72,393 |
|
|
|
(348,128 |
) |
Net Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning of Period |
|
|
483,133 |
|
|
|
561,559 |
|
|
|
1,193,013 |
|
|
|
1,541,141 |
|
End of Period |
|
$ |
463,712 |
|
|
$ |
483,133 |
|
|
$ |
1,265,406 |
|
|
$ |
1,193,013 |
|
Capital Share Transactions: |
Class F: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued |
|
|
3,545 |
|
|
|
7,845 |
|
|
|
11,160 |
|
|
|
28,951 |
|
Reinvestment of distributions |
|
|
5,130 |
|
|
|
915 |
|
|
|
2,039 |
|
|
|
2,083 |
|
Shares redeemed |
|
|
(5,790 |
) |
|
|
(10,548 |
) |
|
|
(21,697 |
) |
|
|
(26,047 |
) |
Total Class F Transactions |
|
|
2,885 |
|
|
|
(1,788 |
) |
|
|
(8,498 |
) |
|
|
4,987 |
|
Class Y: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued |
|
|
838 |
|
|
|
1,447 |
|
|
|
3,453 |
|
|
|
2,240 |
|
Reinvestment of distributions |
|
|
919 |
|
|
|
159 |
|
|
|
184 |
|
|
|
196 |
|
Shares redeemed |
|
|
(1,948 |
) |
|
|
(1,060 |
) |
|
|
(2,264 |
) |
|
|
(1,862 |
) |
Total Class Y Transactions |
|
|
(191 |
) |
|
|
546 |
|
|
|
1,373 |
|
|
|
574 |
|
Net Increase (Decrease) in Shares Outstanding from Share Transactions |
|
|
2,694 |
|
|
|
(1,242 |
) |
|
|
(7,125 |
) |
|
|
5,561 |
|
Amounts designated as "—" are $0 or have been rounded to $0. |
The accompanying notes are an integral part of the financial statements. |
SEI Institutional International Trust
FINANCIAL HIGHLIGHTS
For the six months ended March 31,2023 (Unaudited) and the years ended September 30
For a Share Outstanding Throughout Each Year or Period
| |
|
Net Asset
Value,
Beginning
of Period |
|
|
Net
Investment
Income (Loss)(1) |
|
|
Net Realized
and Unrealized
Gains (Losses)
on Investments |
|
|
Total
from
Operations |
|
|
Dividends
from Net
Investment
Income |
|
|
Distributions
from Net
Realized
Gains |
|
|
Total
Dividends
and
Distributions |
|
|
Net Asset
Value, End
of Period |
|
|
Total
Return† |
|
|
Net Assets
End of Period($ Thousands) |
|
|
Ratio of Net
Expenses
to Average
Net Assets* |
|
|
Ratio of Expenses
to Average
Net Assets
(Excluding Waivers)** |
|
|
Ratio of Net
Investment
Income (Loss)
to Average
Net Assets |
|
|
Portfolio
Turnover
Rate† |
|
International Equity Fund |
Class F |
2023@ |
|
$ |
8.66 |
|
|
$ |
0.06 |
|
|
$ |
2.42 |
|
|
$ |
2.48 |
|
|
$ |
(0.18 |
) |
|
$ |
— |
|
|
$ |
(0.18 |
) |
|
$ |
10.96 |
|
|
|
28.87 |
% |
|
$ |
3,659,488 |
|
|
|
1.11 |
% |
|
|
1.11 |
% |
|
|
1.28 |
% |
|
|
39 |
% |
2022 |
|
|
13.57 |
|
|
|
0.21 |
|
|
|
(3.38 |
) |
|
|
(3.17 |
) |
|
|
(0.23 |
) |
|
|
(1.51 |
) |
|
|
(1.74 |
) |
|
|
8.66 |
|
|
|
(26.82 |
) |
|
|
3,114,144 |
|
|
|
1.09 |
|
|
|
1.09 |
|
|
|
1.91 |
|
|
|
108 |
|
2021 |
|
|
10.86 |
|
|
|
0.16 |
|
|
|
2.67 |
|
|
|
2.83 |
|
|
|
(0.12 |
) |
|
|
— |
|
|
|
(0.12 |
) |
|
|
13.57 |
|
|
|
26.18 |
|
|
|
4,242,911 |
|
|
|
1.08 |
|
|
|
1.08 |
|
|
|
1.19 |
|
|
|
105 |
|
2020 |
|
|
10.68 |
|
|
|
0.10 |
|
|
|
0.28 |
|
|
|
0.38 |
|
|
|
(0.20 |
) |
|
|
— |
|
|
|
(0.20 |
) |
|
|
10.86 |
|
|
|
3.44 |
|
|
|
3,568,373 |
|
|
|
1.11 |
|
|
|
1.11 |
|
|
|
0.94 |
|
|
|
102 |
|
2019 |
|
|
11.38 |
|
|
|
0.20 |
|
|
|
(0.75 |
) |
|
|
(0.55 |
) |
|
|
(0.15 |
) |
|
|
— |
|
|
|
(0.15 |
) |
|
|
10.68 |
|
|
|
(4.63 |
) |
|
|
3,686,195 |
|
|
|
1.10 |
|
|
|
1.10 |
|
|
|
1.92 |
|
|
|
73 |
|
2018 |
|
|
11.29 |
|
|
|
0.16 |
|
|
|
0.08 |
|
|
|
0.24 |
|
|
|
(0.15 |
) |
|
|
— |
|
|
|
(0.15 |
) |
|
|
11.38 |
|
|
|
2.11 |
|
|
|
4,024,987 |
|
|
|
1.09 |
|
|
|
1.09 |
|
|
|
1.35 |
|
|
|
40 |
|
Class I |
2023@ |
|
$ |
8.67 |
|
|
$ |
0.05 |
|
|
$ |
2.43 |
|
|
$ |
2.48 |
|
|
$ |
(0.15 |
) |
|
$ |
— |
|
|
$ |
(0.15 |
) |
|
$ |
11.00 |
|
|
|
28.80 |
% |
|
$ |
954 |
|
|
|
1.36 |
% |
|
|
1.36 |
% |
|
|
1.06 |
% |
|
|
39 |
% |
2022 |
|
|
13.59 |
|
|
|
0.17 |
|
|
|
(3.38 |
) |
|
|
(3.21 |
) |
|
|
(0.20 |
) |
|
|
(1.51 |
) |
|
|
(1.71 |
) |
|
|
8.67 |
|
|
|
(27.05 |
) |
|
|
743 |
|
|
|
1.34 |
|
|
|
1.34 |
|
|
|
1.44 |
|
|
|
108 |
|
2021 |
|
|
10.87 |
|
|
|
0.12 |
|
|
|
2.69 |
|
|
|
2.81 |
|
|
|
(0.09 |
) |
|
|
— |
|
|
|
(0.09 |
) |
|
|
13.59 |
|
|
|
25.91 |
|
|
|
1,611 |
|
|
|
1.33 |
|
|
|
1.33 |
|
|
|
0.93 |
|
|
|
105 |
|
2020 |
|
|
10.68 |
|
|
|
0.07 |
|
|
|
0.28 |
|
|
|
0.35 |
|
|
|
(0.16 |
) |
|
|
— |
|
|
|
(0.16 |
) |
|
|
10.87 |
|
|
|
3.19 |
|
|
|
1,350 |
|
|
|
1.36 |
|
|
|
1.36 |
|
|
|
0.63 |
|
|
|
102 |
|
2019 |
|
|
11.37 |
|
|
|
0.17 |
|
|
|
(0.74 |
) |
|
|
(0.57 |
) |
|
|
(0.12 |
) |
|
|
— |
|
|
|
(0.12 |
) |
|
|
10.68 |
|
|
|
(4.90 |
) |
|
|
1,932 |
|
|
|
1.35 |
|
|
|
1.35 |
|
|
|
1.61 |
|
|
|
73 |
|
2018 |
|
|
11.27 |
|
|
|
0.12 |
|
|
|
0.09 |
|
|
|
0.21 |
|
|
|
(0.11 |
) |
|
|
— |
|
|
|
(0.11 |
) |
|
|
11.37 |
|
|
|
1.86 |
|
|
|
2,662 |
|
|
|
1.34 |
|
|
|
1.34 |
|
|
|
1.06 |
|
|
|
40 |
|
Class Y |
2023@ |
|
$ |
8.66 |
|
|
$ |
0.08 |
|
|
$ |
2.42 |
|
|
$ |
2.50 |
|
|
$ |
(0.21 |
) |
|
$ |
— |
|
|
$ |
(0.21 |
) |
|
$ |
10.95 |
|
|
|
29.09 |
% |
|
$ |
376,951 |
|
|
|
0.86 |
% |
|
|
0.86 |
% |
|
|
1.57 |
% |
|
|
39 |
% |
2022 |
|
|
13.58 |
|
|
|
0.24 |
|
|
|
(3.39 |
) |
|
|
(3.15 |
) |
|
|
(0.26 |
) |
|
|
(1.51 |
) |
|
|
(1.77 |
) |
|
|
8.66 |
|
|
|
(26.70 |
) |
|
|
297,968 |
|
|
|
0.84 |
|
|
|
0.84 |
|
|
|
2.17 |
|
|
|
108 |
|
2021 |
|
|
10.86 |
|
|
|
0.19 |
|
|
|
2.68 |
|
|
|
2.87 |
|
|
|
(0.15 |
) |
|
|
— |
|
|
|
(0.15 |
) |
|
|
13.58 |
|
|
|
26.55 |
|
|
|
393,903 |
|
|
|
0.83 |
|
|
|
0.83 |
|
|
|
1.44 |
|
|
|
105 |
|
2020 |
|
|
10.68 |
|
|
|
0.12 |
|
|
|
0.29 |
|
|
|
0.41 |
|
|
|
(0.23 |
) |
|
|
— |
|
|
|
(0.23 |
) |
|
|
10.86 |
|
|
|
3.68 |
|
|
|
330,069 |
|
|
|
0.86 |
|
|
|
0.86 |
|
|
|
1.16 |
|
|
|
102 |
|
2019 |
|
|
11.39 |
|
|
|
0.23 |
|
|
|
(0.76 |
) |
|
|
(0.53 |
) |
|
|
(0.18 |
) |
|
|
— |
|
|
|
(0.18 |
) |
|
|
10.68 |
|
|
|
(4.43 |
) |
|
|
370,462 |
|
|
|
0.85 |
|
|
|
0.85 |
|
|
|
2.24 |
|
|
|
73 |
|
2018 |
|
|
11.31 |
|
|
|
0.18 |
|
|
|
0.09 |
|
|
|
0.27 |
|
|
|
(0.19 |
) |
|
|
— |
|
|
|
(0.19 |
) |
|
|
11.39 |
|
|
|
2.40 |
|
|
|
344,977 |
|
|
|
0.84 |
|
|
|
0.84 |
|
|
|
1.60 |
|
|
|
40 |
|
Emerging Markets Equity Fund |
Class F |
2023@ |
|
$ |
9.18 |
|
|
$ |
0.08 |
|
|
$ |
1.36 |
|
|
$ |
1.44 |
|
|
$ |
(0.21 |
) |
|
$ |
— |
|
|
$ |
(0.21 |
) |
|
$ |
10.41 |
|
|
|
15.77 |
% |
|
$ |
1,344,328 |
|
|
|
1.75 |
% |
|
|
1.85 |
% |
|
|
1.50 |
% |
|
|
41 |
% |
2022 |
|
|
14.23 |
|
|
|
0.14 |
|
|
|
(3.96 |
) |
|
|
(3.82 |
) |
|
|
(0.15 |
) |
|
|
(1.08 |
) |
|
|
(1.23 |
) |
|
|
9.18 |
|
|
|
(29.26 |
) |
|
|
1,229,709 |
|
|
|
1.71 |
|
|
|
1.81 |
|
|
|
1.21 |
|
|
|
93 |
|
2021 |
|
|
12.06 |
|
|
|
0.11 |
|
|
|
2.14 |
|
|
|
2.25 |
|
|
|
(0.08 |
) |
|
|
— |
|
|
|
(0.08 |
) |
|
|
14.23 |
|
|
|
18.63 |
|
|
|
1,786,493 |
|
|
|
1.70 |
|
|
|
1.80 |
|
|
|
0.73 |
|
|
|
100 |
|
2020 |
|
|
11.21 |
|
|
|
0.05 |
|
|
|
0.93 |
|
|
|
0.98 |
|
|
|
(0.13 |
) |
|
|
— |
|
|
|
(0.13 |
) |
|
|
12.06 |
|
|
|
8.75 |
|
|
|
1,542,551 |
|
|
|
1.71 |
|
|
|
1.81 |
|
|
|
0.43 |
|
|
|
90 |
|
2019 |
|
|
11.47 |
|
|
|
0.10 |
|
|
|
(0.29 |
) |
|
|
(0.19 |
) |
|
|
(0.07 |
) |
|
|
— |
|
|
|
(0.07 |
) |
|
|
11.21 |
|
|
|
(1.64 |
) |
|
|
1,564,523 |
|
|
|
1.70 |
|
|
|
1.81 |
|
|
|
0.92 |
|
|
|
89 |
|
2018 |
|
|
12.32 |
|
|
|
0.08 |
|
|
|
(0.77 |
) |
|
|
(0.69 |
) |
|
|
(0.16 |
) |
|
|
— |
|
|
|
(0.16 |
) |
|
|
11.47 |
|
|
|
(5.71 |
) |
|
|
1,668,960 |
|
|
|
1.69 |
|
|
|
1.80 |
|
|
|
0.61 |
|
|
|
70 |
|
Class Y |
2023@ |
|
$ |
9.19 |
|
|
$ |
0.08 |
|
|
$ |
1.37 |
|
|
$ |
1.45 |
|
|
$ |
(0.23 |
) |
|
$ |
— |
|
|
$ |
(0.23 |
) |
|
$ |
10.41 |
|
|
|
15.97 |
% |
|
$ |
138,900 |
|
|
|
1.50 |
% |
|
|
1.60 |
% |
|
|
1.65 |
% |
|
|
41 |
% |
2022 |
|
|
14.25 |
|
|
|
0.18 |
|
|
|
(3.98 |
) |
|
|
(3.80 |
) |
|
|
(0.18 |
) |
|
|
(1.08 |
) |
|
|
(1.26 |
) |
|
|
9.19 |
|
|
|
(29.10 |
) |
|
|
118,670 |
|
|
|
1.46 |
|
|
|
1.56 |
|
|
|
1.50 |
|
|
|
93 |
|
2021 |
|
|
12.07 |
|
|
|
0.14 |
|
|
|
2.15 |
|
|
|
2.29 |
|
|
|
(0.11 |
) |
|
|
— |
|
|
|
(0.11 |
) |
|
|
14.25 |
|
|
|
18.96 |
|
|
|
153,789 |
|
|
|
1.45 |
|
|
|
1.55 |
|
|
|
0.98 |
|
|
|
100 |
|
2020 |
|
|
11.22 |
|
|
|
0.08 |
|
|
|
0.93 |
|
|
|
1.01 |
|
|
|
(0.16 |
) |
|
|
— |
|
|
|
(0.16 |
) |
|
|
12.07 |
|
|
|
8.99 |
|
|
|
134,682 |
|
|
|
1.46 |
|
|
|
1.56 |
|
|
|
0.66 |
|
|
|
90 |
|
2019 |
|
|
11.49 |
|
|
|
0.14 |
|
|
|
(0.31 |
) |
|
|
(0.17 |
) |
|
|
(0.10 |
) |
|
|
— |
|
|
|
(0.10 |
) |
|
|
11.22 |
|
|
|
(1.44 |
) |
|
|
145,600 |
|
|
|
1.45 |
|
|
|
1.56 |
|
|
|
1.25 |
|
|
|
89 |
|
2018 |
|
|
12.35 |
|
|
|
0.11 |
|
|
|
(0.76 |
) |
|
|
(0.65 |
) |
|
|
(0.21 |
) |
|
|
— |
|
|
|
(0.21 |
) |
|
|
11.49 |
|
|
|
(5.46 |
) |
|
|
125,594 |
|
|
|
1.44 |
|
|
|
1.55 |
|
|
|
0.89 |
|
|
|
70 |
|
@ |
For the six-month period ended March 31, 2023. All ratios for the period have been annualized. |
† |
Returns and portfolio turnover rates are for the period indicated and have not been annualized. Returns do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
* |
Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 5 in Notes to Financial Statements |
** |
See Note 5 in Notes to Financial Statements. |
(1) |
Per share calculated using average shares. |
Amounts designated as “—” are either $0 or have been rounded to $0.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
FINANCIAL HIGHLIGHTS
For the six months ended March 31,2023 (Unaudited) and the years ended September 30
For a Share Outstanding Throughout Each Year or Period
| |
|
Net Asset
Value,
Beginning
of Period |
|
|
Net
Investment
Income (Loss)(1) |
|
|
Net Realized
and Unrealized
Gains (Losses)
on Investments |
|
|
Total
from
Operations |
|
|
Dividends
from Net
Investment
Income |
|
|
Distributions
from Net
Realized
Gains |
|
|
Total
Dividends
and
Distributions |
|
|
Net Asset
Value, End
of Period |
|
|
Total
Return† |
|
|
Net Assets
End of Period($ Thousands) |
|
|
Ratio of Net
Expenses
to Average
Net Assets* |
|
|
Ratio of Expenses
to Average
Net Assets
(Excluding Waivers)** |
|
|
Ratio of Net
Investment
Income (Loss)
to Average
Net Assets |
|
|
Portfolio
Turnover
Rate† |
|
International Fixed Income Fund |
Class F |
2023@ |
|
$ |
9.13 |
|
|
$ |
0.05 |
|
|
$ |
0.22 |
|
|
$ |
0.27 |
|
|
$ |
(1.05 |
) |
|
$ |
(0.01 |
) |
|
$ |
(1.06 |
) |
|
$ |
8.34 |
|
|
|
3.24 |
% |
|
$ |
399,374 |
|
|
|
1.02 |
% |
|
|
1.08 |
% |
|
|
1.21 |
% |
|
|
17 |
% |
2022 |
|
|
10.37 |
|
|
|
0.05 |
|
|
|
(1.08 |
) |
|
|
(1.03 |
) |
|
|
(0.08 |
) |
|
|
(0.13 |
) |
|
|
(0.21 |
) |
|
|
9.13 |
|
|
|
(10.15 |
) |
|
|
410,864 |
|
|
|
1.02 |
|
|
|
1.07 |
|
|
|
0.53 |
|
|
|
47 |
|
2021 |
|
|
10.46 |
|
|
|
0.03 |
|
|
|
(0.12 |
) |
|
|
(0.09 |
) |
|
|
— |
|
|
|
— |
^ |
|
|
— |
|
|
|
10.37 |
|
|
|
(0.83 |
) |
|
|
485,178 |
|
|
|
1.02 |
|
|
|
1.07 |
|
|
|
0.32 |
|
|
|
65 |
|
2020 |
|
|
10.73 |
|
|
|
0.03 |
|
|
|
0.04 |
|
|
|
0.07 |
|
|
|
(0.26 |
) |
|
|
(0.08 |
) |
|
|
(0.34 |
) |
|
|
10.46 |
|
|
|
0.73 |
|
|
|
445,864 |
|
|
|
1.02 |
|
|
|
1.08 |
|
|
|
0.29 |
|
|
|
64 |
|
2019 |
|
|
10.27 |
|
|
|
0.04 |
|
|
|
0.88 |
|
|
|
0.92 |
|
|
|
(0.40 |
) |
|
|
(0.06 |
) |
|
|
(0.46 |
) |
|
|
10.73 |
|
|
|
9.28 |
|
|
|
452,150 |
|
|
|
1.02 |
|
|
|
1.07 |
|
|
|
0.42 |
|
|
|
58 |
|
2018 |
|
|
10.13 |
|
|
|
0.07 |
|
|
|
0.07 |
|
|
|
0.14 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
10.27 |
|
|
|
1.38 |
|
|
|
438,908 |
|
|
|
1.02 |
|
|
|
1.07 |
|
|
|
0.66 |
|
|
|
71 |
|
Class Y |
2023@ |
|
$ |
9.16 |
|
|
$ |
0.06 |
|
|
$ |
0.22 |
|
|
$ |
0.28 |
|
|
$ |
(1.07 |
) |
|
$ |
(0.01 |
) |
|
$ |
(1.08 |
) |
|
$ |
8.36 |
|
|
|
3.41 |
% |
|
$ |
64,338 |
|
|
|
0.77 |
% |
|
|
0.83 |
% |
|
|
1.46 |
% |
|
|
17 |
% |
2022 |
|
|
10.41 |
|
|
|
0.08 |
|
|
|
(1.10 |
) |
|
|
(1.02 |
) |
|
|
(0.10 |
) |
|
|
(0.13 |
) |
|
|
(0.23 |
) |
|
|
9.16 |
|
|
|
(10.00 |
) |
|
|
72,269 |
|
|
|
0.77 |
|
|
|
0.82 |
|
|
|
0.78 |
|
|
|
47 |
|
2021 |
|
|
10.47 |
|
|
|
0.06 |
|
|
|
(0.12 |
) |
|
|
(0.06 |
) |
|
|
— |
|
|
|
— |
^ |
|
|
— |
|
|
|
10.41 |
|
|
|
(0.54 |
) |
|
|
76,381 |
|
|
|
0.77 |
|
|
|
0.82 |
|
|
|
0.57 |
|
|
|
65 |
|
2020 |
|
|
10.75 |
|
|
|
0.06 |
|
|
|
0.03 |
|
|
|
0.09 |
|
|
|
(0.29 |
) |
|
|
(0.08 |
) |
|
|
(0.37 |
) |
|
|
10.47 |
|
|
|
0.88 |
|
|
|
68,664 |
|
|
|
0.77 |
|
|
|
0.83 |
|
|
|
0.54 |
|
|
|
64 |
|
2019 |
|
|
10.29 |
|
|
|
0.07 |
|
|
|
0.88 |
|
|
|
0.95 |
|
|
|
(0.43 |
) |
|
|
(0.06 |
) |
|
|
(0.49 |
) |
|
|
10.75 |
|
|
|
9.54 |
|
|
|
69,681 |
|
|
|
0.77 |
|
|
|
0.82 |
|
|
|
0.66 |
|
|
|
58 |
|
2018 |
|
|
10.12 |
|
|
|
0.09 |
|
|
|
0.08 |
|
|
|
0.17 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
10.29 |
|
|
|
1.68 |
|
|
|
43,003 |
|
|
|
0.77 |
|
|
|
0.82 |
|
|
|
0.91 |
|
|
|
71 |
|
Emerging Markets Debt Fund |
Class F |
2023@ |
|
$ |
7.52 |
|
|
$ |
0.23 |
|
|
$ |
0.73 |
|
|
$ |
0.96 |
|
|
$ |
(0.13 |
) |
|
$ |
— |
|
|
$ |
(0.13 |
) |
|
$ |
8.35 |
|
|
|
12.84 |
% |
|
$ |
1,160,317 |
|
|
|
1.36 |
% |
|
|
1.63 |
% |
|
|
5.66 |
% |
|
|
49 |
% |
2022 |
|
|
10.06 |
|
|
|
0.40 |
|
|
|
(2.78 |
) |
|
|
(2.38 |
) |
|
|
(0.16 |
) |
|
|
— |
|
|
|
(0.16 |
) |
|
|
7.52 |
|
|
|
(24.04 |
) |
|
|
1,108,531 |
|
|
|
1.36 |
|
|
|
1.62 |
|
|
|
4.52 |
|
|
|
88 |
|
2021 |
|
|
9.80 |
|
|
|
0.40 |
|
|
|
0.06 |
|
|
|
0.46 |
|
|
|
(0.20 |
) |
|
|
— |
|
|
|
(0.20 |
) |
|
|
10.06 |
|
|
|
4.71 |
|
|
|
1,433,739 |
|
|
|
1.36 |
|
|
|
1.61 |
|
|
|
3.87 |
|
|
|
91 |
|
2020 |
|
|
9.93 |
|
|
|
0.40 |
|
|
|
(0.45 |
) |
|
|
(0.05 |
) |
|
|
(0.08 |
) |
|
|
— |
|
|
|
(0.08 |
) |
|
|
9.80 |
|
|
|
(0.53 |
) |
|
|
1,374,566 |
|
|
|
1.36 |
|
|
|
1.61 |
|
|
|
4.07 |
|
|
|
95 |
|
2019 |
|
|
9.30 |
|
|
|
0.47 |
|
|
|
0.32 |
|
|
|
0.79 |
|
|
|
(0.16 |
) |
|
|
— |
|
|
|
(0.16 |
) |
|
|
9.93 |
|
|
|
8.51 |
|
|
|
1,483,467 |
|
|
|
1.36 |
|
|
|
1.62 |
|
|
|
4.93 |
|
|
|
114 |
|
2018 |
|
|
10.55 |
|
|
|
0.51 |
|
|
|
(1.19 |
) |
|
|
(0.68 |
) |
|
|
(0.57 |
) |
|
|
— |
|
|
|
(0.57 |
) |
|
|
9.30 |
|
|
|
(6.81 |
) |
|
|
1,451,128 |
|
|
|
1.36 |
|
|
|
1.61 |
|
|
|
5.08 |
|
|
|
80 |
|
Class Y |
2023@ |
|
$ |
7.49 |
|
|
$ |
0.24 |
|
|
$ |
0.73 |
|
|
$ |
0.97 |
|
|
$ |
(0.15 |
) |
|
$ |
— |
|
|
$ |
(0.15 |
) |
|
$ |
8.31 |
|
|
|
13.05 |
% |
|
$ |
105,089 |
|
|
|
1.11 |
% |
|
|
1.38 |
% |
|
|
5.94 |
% |
|
|
49 |
% |
2022 |
|
|
10.03 |
|
|
|
0.42 |
|
|
|
(2.77 |
) |
|
|
(2.35 |
) |
|
|
(0.19 |
) |
|
|
— |
|
|
|
(0.19 |
) |
|
|
7.49 |
|
|
|
(23.87 |
) |
|
|
84,482 |
|
|
|
1.11 |
|
|
|
1.37 |
|
|
|
4.77 |
|
|
|
88 |
|
2021 |
|
|
9.79 |
|
|
|
0.42 |
|
|
|
0.07 |
|
|
|
0.49 |
|
|
|
(0.25 |
) |
|
|
— |
|
|
|
(0.25 |
) |
|
|
10.03 |
|
|
|
4.98 |
|
|
|
107,402 |
|
|
|
1.11 |
|
|
|
1.36 |
|
|
|
4.12 |
|
|
|
91 |
|
2020 |
|
|
9.92 |
|
|
|
0.42 |
|
|
|
(0.45 |
) |
|
|
(0.03 |
) |
|
|
(0.10 |
) |
|
|
— |
|
|
|
(0.10 |
) |
|
|
9.79 |
|
|
|
(0.33 |
) |
|
|
98,869 |
|
|
|
1.11 |
|
|
|
1.36 |
|
|
|
4.33 |
|
|
|
95 |
|
2019 |
|
|
9.28 |
|
|
|
0.50 |
|
|
|
0.32 |
|
|
|
0.82 |
|
|
|
(0.18 |
) |
|
|
— |
|
|
|
(0.18 |
) |
|
|
9.92 |
|
|
|
8.84 |
|
|
|
111,948 |
|
|
|
1.11 |
|
|
|
1.37 |
|
|
|
5.18 |
|
|
|
114 |
|
2018 |
|
|
10.57 |
|
|
|
0.53 |
|
|
|
(1.18 |
) |
|
|
(0.65 |
) |
|
|
(0.64 |
) |
|
|
— |
|
|
|
(0.64 |
) |
|
|
9.28 |
|
|
|
(6.57 |
) |
|
|
113,872 |
|
|
|
1.11 |
|
|
|
1.36 |
|
|
|
5.34 |
|
|
|
80 |
|
@ |
For the six-month period ended March 31, 2023. All ratios for the period have been annualized. |
^ |
Amount represents less than $0.005. |
† |
Returns and portfolio turnover rates are for the period indicated and have not been annualized. Returns do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
* |
Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 5 in Notes to Financial Statements |
** |
See Note 5 in Notes to Financial Statements. |
(1) |
Per share calculated using average shares. |
Amounts designated as “—” are either $0 or have been rounded to $0.
The accompanying notes are an integral part of the financial statements.
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS
March 31, 2023 (Unaudited)
1. ORGANIZATION
SEI Institutional International Trust (the “Trust”) was organized as a Massachusetts business trust under a Declaration of Trust dated June 30, 1988.
The Trust is registered under the Investment Company Act of 1940, as amended, as an open-end investment company with four funds: International Equity Fund, Emerging Markets Equity Fund, International Fixed Income Fund and Emerging Markets Debt Fund (together the “Funds”) each of which are diversified Funds with the exception of the International Fixed Income Fund and the Emerging Markets Debt Fund. Each Fund’s prospectus provides a description of its investment goal, principal investment strategies and risks. The assets of each Fund are segregated, and a Shareholder's interest is limited to the Fund in which shares are held. The Trust is registered to offer Class F (formerly Class A) and Class Y shares of each of the Funds and Class I shares of the International Equity Fund.
2. SIGNIFICANT ACCOUNTING POLICIES
The following are significant accounting policies, which are consistently followed in the preparation of its financial statements by the Funds. The Funds are investment companies that apply the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board (“FASB”).
Use of Estimates — The Funds are investment companies in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Therefore, the Funds follow the accounting and reporting guidelines for investment companies. The preparation of financial statements, in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.
Security Valuation — Effective September 8, 2022, and pursuant to the requirements of the 1940 Act and Rule 2a-5, the administrator, as delegated by the Board of Trustees (the “Board”), has the responsibility for the valuation of Fund investments with readily available market quotations in accordance with the Funds’ Valuation and Pricing Policy. The Trust's Board of Trustees has designated SEI Investments Management Corporation (“SIMC”) as the Valuation Designee for the Funds pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act. The Valuation Designee has the responsibility for the fair value determination with respect to all Fund
investments that do not have readily available market quotations or quotations that are no longer reliable. SIMC, in furtherance of the Board’s designation, has appointed a valuation committee of SIMC persons to function as the Valuation Designee (the “Committee”) and has established a Valuation and Pricing Policy to implement the Rule and the Fund’s’ Valuation and Pricing Policy (together with SIMC’s Valuation and Pricing Policy, the “Procedures”). Prior to September 8, 2022, fair-value determinations were performed in accordance with the Trust’s Fair Value Procedures established by the Funds’ Board of Trustees and were implemented through a Fair Value Committee designated by the Board.
When valuing portfolio securities, a Fund values securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (other than securities traded on National Association of Securities Dealers Automated Quotations (NASDAQ) or as otherwise noted below) at the last quoted sale price on an exchange or market (foreign or domestic) on which the securities are traded or, if there is no such reported sale, at the most recent quoted bid price. A Fund values securities traded on NASDAQ at the NASDAQ Official Closing Price. If available, debt securities, swaps (which are not centrally cleared), bank loans or debt tranches of collateralized debt obligations (including collateralized loan obligations), such as those held by the Funds, are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported sales price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations or other methodologies designed to identify the market value for such securities. Redeemable securities issued by open-end investment companies are valued at the investment company’s applicable Net Asset Value (“NAV”) per share, with the exception of ETFs, which are priced as equity securities. These open-end investment companies’ shares are offered in separate prospectuses, each of which describes the process by which the applicable investment company’s NAV is determined. The prices of foreign securities are reported in local currency and converted to U.S. dollars using currency exchange rates. If a security’s price cannot be obtained, as noted above, or in the case of an equity tranche of a CDO/CLO, a Fund will value the securities using a bid price from at least one independent broker.
On the first day a new debt security purchase is recorded, if a price is not available from a third-party pricing agent or an independent broker, the security
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
may be valued at its purchase price. Each day thereafter, the debt security will be valued according to the Policy until an independent source can be secured. Debt securities held by a Fund with remaining maturities of 60 days or less will be valued by the amortized cost method, which involves valuing a security at its cost on the date of purchase and thereafter (absent unusual circumstances) assuming a constant amortization to maturity of any discount or premium, regardless of the impact of fluctuations in general market rates of interest on the value of the instrument. While this method provides certainty in valuation, it may result in periods during which value, as determined by this method, is higher or lower than the price the Fund would receive if it sold the instrument, and the value of securities in the Fund can be expected to vary inversely with changes in prevailing interest rates. Should existing credit, liquidity or interest rate conditions in the relevant markets and issuer specific circumstances suggest that amortized cost does not approximate fair value, then the amortized cost method may not be used.
Options are valued at the last quoted sales price. If there is no such reported sale on the valuation date, long positions are valued at the most recent bid price, and short positions are valued at the most recent ask price. Futures and swaps cleared through a central clearing house (“centrally cleared swaps”) are valued at the settlement price established each day by the board of exchange on which they are traded. The daily settlement prices for financial futures and centrally cleared swaps are provided by an independent source. On days when there is excessive volume, market volatility or the future or centrally cleared swap does not end trading by the time the Fund calculates its NAV, the settlement price may not be available at the time at which a Fund calculates its NAV. On such days, the best available price (which is typically the last sales price) may be used to value a Fund’s futures or centrally cleared swaps position.
Foreign currency forward contracts are valued at the current day’s interpolated foreign exchange rate, as calculated using forward rates provided by an independent source.
Prices for most securities held by a Fund are provided daily by third-party independent pricing agents. SIMC or a Sub-Adviser (“Sub-Adviser”), as applicable, reasonably believes that prices provided by independent pricing agents are reliable. However, there can be no assurance that such pricing service’s prices will be reliable. SIMC will continuously monitor the reliability of prices obtained from any pricing service and shall promptly notify the Funds’ administrator if it believes that a particular pricing service is no longer a reliable source of prices.
The Funds’ administrator, in turn, will notify SIMC, as Committee, if it receives such notification from a Sub-Adviser, as applicable, or if the Funds’ administrator reasonably believes that a particular pricing service is no longer a reliable source for prices.
The Procedures provide that any change in a primary pricing agent or a pricing methodology requires prior approval by the Board. However, when the change would not materially affect the valuation of a Fund’s net assets or involve a material departure in pricing methodology from that of a Fund’s existing pricing agent or pricing methodology, ratification may be obtained at the next regularly scheduled meeting of the Board.
Securities for which market prices are not "readily available" are valued in accordance with Rule 2a-5 and the Procedures.
The Committee must monitor for circumstances that may necessitate that a security be valued using Fair Value Procedures which can include: (i) the security's trading has been halted or suspended, (ii) the security has been de-listed from a national exchange, (iii) the security's primary trading market is temporarily closed at a time when under normal conditions it would be open, (iv) the security has not been traded for an extended period of time, (v) the security's primary pricing source is not able or willing to provide a price, (vi) trading of the security is subject to local government-imposed restrictions; or (vii) a significant event (as defined below). When a security is valued in accordance with the Procedures, the Committee will determine the value after taking into consideration relevant information reasonably available to the Committee. Examples of factors the Committee may consider include: (i) the type of security or asset, (ii) the last trade price, (iii) evaluation of the forces that influence the market in which the security is purchased and sold, (iv) the liquidity of the security, (v) the size of the holding in a Fund or (vi) any other appropriate information.
The Committee is responsible for selecting and applying, in a consistent manner, the appropriate methodologies for determining and calculating the fair value of holdings of the Funds, including specifying the key inputs and assumptions specific to each asset class or holding.
The determination of a security’s fair value price often involves the consideration of a number of subjective factors and is therefore subject to the unavoidable risk that the value assigned to a security may be higher or lower than the security’s value would be if a reliable market quotation for the security was readily available.
The International Equity and Emerging Markets Equity Funds use a third-party fair valuation vendor. The vendor provides a fair value for foreign securities held by the
SEI Institutional International Trust
International Equity and Emerging Markets Equity Funds based on certain factors and methodologies (involving, generally, tracking valuation correlations between the U.S. market and each non-U.S. security). Values from the vendor are applied in the event that there is a movement in the U.S. market that exceeds a specific threshold that has been established by the Committee. The Committee has also established a “confidence interval,” which is used to determine the level of historical correlation between the value of a specific foreign security and movements in the U.S. market before a particular security will be fair-valued when the threshold is exceeded. In the event that the threshold established by the Committee is exceeded on a specific day, the International Equity and Emerging Markets Equity Funds shall value the non-U.S. securities in their portfolios that exceed the applicable “confidence interval” based upon the adjusted prices provided by the vendor. Additionally, if a local market in which the International Equity or Emerging Markets Equity Funds own securities is closed for one or more days (scheduled or unscheduled) while the Fund is open, and if such securities in a Fund’s portfolio exceed the predetermined confidence interval discussed above, then such Fund shall value such securities based on the fair value prices provided by the vendor.
For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security’s last trade and the time at which a Fund calculates its NAV. The closing prices of such securities may no longer reflect their market value at the time a Fund calculates NAV if an event that could materially affect the value of those securities (a “Significant Event”), including substantial fluctuations in domestic or foreign markets or occurrences not tied directly to the securities markets, such as natural disasters, armed conflicts or significant governmental actions, has occurred between the time of the security’s last close and the time that a Fund calculates NAV. A Fund may invest in securities that are primarily listed on foreign exchanges that trade on weekends or other days when the Fund does not price its shares. As a result, the NAV of the Fund’s shares may change on days when shareholders will not be able to purchase or redeem Fund shares.
A Significant Event may relate to a single issuer or to an entire market sector. If SIMC or a Sub-Adviser becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which a Fund calculates NAV, it may request that a Committee meeting be called. In addition, with respect to certain securities, the Funds’ administrator performs
price comparisons and price movement review (among other processes), to monitor the pricing data supplied by various sources. Any identified discrepancies are researched and subject to the procedures described above.
In accordance with U.S. GAAP, fair value is defined as the price that the Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy has been established to maximize the use of the observable market data and minimize the use of unobservable inputs and to establish classification of the fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing an asset. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.
The three-tier hierarchy of inputs is summarized in the three broad Levels listed below:
Level 1 — quoted prices in active markets for identical investments
Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risks, etc.)
Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
Investments are classified within the level of the lowest significant input considered in determining fair value. Investments classified within Level 3 whose fair value measurement considers several inputs may include Level 1 or Level 2 inputs as components of the overall fair value measurement.
The valuation techniques used by the Funds to measure fair value during the six months ended March 31, 2023 maximized the use of observable inputs and minimized the use of unobservable inputs.
For the six months ended March 31, 2023, there have been no significant changes to the inputs or the Trust’s fair valuation methodologies.
Security Transactions
and Investment Income — Security transactions are recorded on the trade date.
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
Cost used in determining net realized capital gains and losses on the sale of securities is determined on the basis of specific identification. Dividend income and expense is recognized on the ex-dividend date, and interest income or expense is recognized using the accrual basis of accounting.
Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments and/ or as a realized gain. The Trust estimates the components of distributions received that may be considered nontaxable distributions or capital gain distributions.
Amortization and accretion is calculated using the scientific interest method, which is not materially different from the effective interest method. Amortization of premiums and discounts is included in interest income.
Cash and Cash
Equivalents — Idle cash and currency balances may be swept into various overnight sweep accounts and are classified as cash
and cash equivalents on the Statement of Assets and Liabilities. These amounts, at times, may exceed United States federally insured
limits. Amounts swept are available on the next business day.
Expenses —
Expenses that are directly related to one of the Funds are charged directly to that Fund. Other operating expenses of the Trust are prorated
to the Funds on the basis of relative daily net assets.
Classes —Class-specific
expenses are borne by that class. Income, non-class specific expenses, and realized and unrealized gains/losses are allocated to the
respective classes on the basis of relative daily net assets.
Foreign Currency
Translation — The books and records of the Funds investing in international securities are maintained in U.S. dollars on the
following basis:
(i) market value of investment securities, assets and liabilities at the current rate of exchange; and
(ii) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions.
The Funds do not isolate that portion of gains and losses on investments in investment securities that is due to changes in the foreign exchange rates from that which is due to changes in market prices of investment securities.
The Funds report certain foreign-currency-related transactions as components of realized gains for financial reporting purposes, whereas such components are treated as ordinary income for Federal income tax purposes.
Forward
Foreign Currency Contracts — To the extent consistent with its investment objective
and strategies, a Fund may enter into forward foreign currency contracts as hedges against
either specific transactions, fund positions, speculative purposes or anticipated fund positions.
All commitments are “marked-to-market” daily at the applicable foreign exchange
rate, and any resulting unrealized gains or losses are recorded currently. The Fund realizes
gains and losses at the time forward contracts are extinguished. Unrealized gains or losses
on outstanding positions in forward foreign currency contracts held at the close of the period
are recognized as ordinary income or loss for federal income tax purposes. The Fund could
be exposed to risk if the counterparties to the contracts are unable to meet the terms of
the contract and from unanticipated movements in the value of a foreign currency relative
to the U.S. dollar.
Finally, the risk exists that losses could exceed amounts disclosed on the Statement of Assets and Liabilities. Refer to each Fund’s Schedule of Investments for details regarding open forward foreign currency contracts as of March 31, 2023, if applicable.
Futures Contracts
— To the extent consistent with its investment objective and strategies, the Funds may purchase futures contracts to gain exposure
to market changes, which may be more efficient or cost effective than actually buying the securities. To the extent consistent with its
investment objective and strategies, a Fund may utilize futures contracts for tactical hedging purposes as well as to enhance the Funds’
returns and may also utilize futures contracts to efficiently assist in managing the Funds’ duration and yield curve exposure.
Upon entering into such a contract, a Fund is required to deposit and maintain as collateral such initial margin as required by the exchange
on which the contract is held. The contracts are marked to market daily and the resulting changes in value are accounted for as unrealized
gains and losses. Variation margin payments are paid or received, depending upon whether unrealized losses or gains are incurred. When
the contract is closed, the Funds record a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing
transaction and the amount invested in the contract.
Risks of entering into futures contracts include the possibility that there will be an imperfect price correlation between the futures and the underlying securities. Second, it is possible that a lack of liquidity for futures contracts could exist in the secondary market, resulting in an inability to close a position prior to its maturity date. Third, the futures contract involves the risk that a Fund could lose more than the original margin deposit required to initiate a futures transaction.
SEI Institutional International Trust
Finally, the risk exists that losses could exceed amounts disclosed on the Statement of Assets and Liabilities. Refer to each Fund’s Schedule of Investments for details regarding open futures contracts as of March 31, 2023, if applicable.
Options/Swaptions
Written/Purchased — To the extent consistent with its investment objective and strategies, a Fund may invest in financial options/swaptions
contracts for the purpose of hedging its existing portfolio securities, or securities that a Fund intends to purchase, against fluctuations
in fair market value caused by changes in prevailing market interest rates. A Fund may also invest in financial option/swaption contracts
to enhance its returns. When the Fund writes or purchases an option/swaption, an amount equal to the premium received or paid by the
Fund is recorded as a liability or an asset and is subsequently adjusted to the current market value of the option/swaption written or
purchased. Premiums received or paid from writing or purchasing options/swaptions which expire unexercised are treated by the Fund on
the expiration date as realized gains or losses. The difference between the premium and the amount paid or received on effecting a closing
purchase or sale transaction, including brokerage commissions, is also treated as a realized gain or loss. If an option/swaption is exercised,
the premium paid or received is added to the cost of the purchase or proceeds from the sale in determining whether the Fund has realized
a gain or a loss.
The risk in writing a call option/swaption is a Fund may give up the opportunity for profit if the market price of the security increases. The risk in writing a put option/swaption is a Fund may incur a loss if the market price of the security decreases and the option/swaption is exercised. The risk in purchasing an option/swaption is a Fund may pay a premium whether or not the option/swaption is exercised. The Funds also have the additional risk of being unable to enter into a closing transaction at an acceptable price if a liquid secondary market does not exist. Option/swaption contracts also involve the risk that they may not work as intended due to unanticipated developments in market conditions or other causes.
Finally, the risk exists that losses on written options could exceed amounts disclosed on the Statements of Assets and Liabilities. Refer to each Fund’s Schedule of Investments for details regarding open option/swaption contracts as of March 31, 2023, if applicable.
Swap Agreements
— To the extent consistent with its investment objective and strategies, a Fund may invest in swap contracts as an efficient
means to take and manage risk in the portfolio, including interest rate risk, credit risk and overall yield sensitivity. A
swap agreement is a two-party contract under which an agreement is made to exchange returns from predetermined investments or instruments, including a particular interest rate, foreign currency, or “basket” of securities representing a particular index. Swap agreements are privately negotiated in the over-the-counter market (“OTC swaps”) or may be executed in a multilateral or other trade facility platform, such as a registered commodities exchange (“Centrally Cleared swaps”). Interest rate swaps involve the exchange by a Fund with another party of their respective commitments to pay or receive interest (e.g., an exchange of floating rate payments for fixed rate payments) with respect to a notional amount of principal. Credit default swaps involve the periodic payment by a Fund or counterparty of interest based on a specified rate multiplied by a notional amount assigned to an underlying debt instrument or group of debt instruments in exchange for the assumption of credit risk on the same instruments. In the event of a credit event, usually in the form of a credit rating downgrade, the party receiving periodic payments (i.e. floating rate payer) must pay the other party (i.e. fixed rate payer) an amount equal to the outstanding principal of the downgraded debt instrument. Total return swaps allow an investor to benefit from the cash flow without ever actually owning the underlying security. The receiver must pay any decline in value to the payer at the end of the total return swap. However, the investor does not need to make a payment if there is no decline in price. Payments can be made on various indices, bonds (i.e. mortgage backed securities, bank debt and corporate), loans or commodities. The value of a total return swap is equal to the change in value of the underlying asset versus the accrued income payment based on LIBOR (London Interbank Offered Rate) or some other form of index on the notional amount. Interest rate swaps involve the exchange by a Fund with another party of their respective commitments to pay or receive interest (e.g., an exchange of floating rate payments for fixed rate payments) with respect to a notional amount of principal to manage a Fund’s exposure to interest rates. Payments received or made are recorded as realized gains or losses. A Fund could be exposed to credit or market risk due to unfavorable changes in the fluctuation of interest rates or if the counterparty defaults on its obligation to perform. Risk of loss may exceed amounts recognized on the statement of assets and liabilities. In connection with swap agreements, securities/cash may be set aside as collateral by the Fund’s custodian. A Fund may enter into swap agreements in order to, among other things, change the maturity or duration of the investment
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
portfolio; protect a Fund’s value from changes in interest rates; or expose a Fund to a different security or market.
Swaps are marked-to-market daily based upon quotations from market makers and the resulting changes in market values, if any, are recorded as unrealized gains or losses in the Statement of Operations. Centrally cleared swaps are valued at the settlement price established each day by the board of exchange on which they are traded. The daily settlement prices for centrally cleared swaps are provided by an independent source. Net payments of interest are recorded as realized gains or losses. Daily changes in valuation of Centrally Cleared swaps, if any, are recorded as a receivable or payable for the change in value as appropriate (“variation margin”) on the Statements of Assets and Liabilities.
Entering into swap agreements involves, to varying degrees, elements of credit and market risk in excess of the amounts recognized on the Schedule of Investments or the Statement of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these agreements, that the counterparty to the agreement may default on its obligation to perform and that there may be unfavorable changes in the fluctuation of interest rates. Risks also arise from potential losses from adverse market movements.
Counterparty risk may be mitigated by having a master netting arrangement between a Fund and the counterparty and by having the counterparty post collateral to cover a Fund’s exposure to the counterparty. Refer to each Fund’s Schedule of Investments for details regarding open swap contracts as of March 31, 2023, if applicable.
Delayed Delivery
Transactions — A Fund may purchase or sell securities on a when-issued or delayed delivery basis. These transactions involve
a commitment by the Fund to purchase or sell securities for a predetermined price or yield, with payment and delivery taking place beyond
the customary settlement period. When delayed delivery purchases are outstanding, the Fund will set aside liquid assets in an amount
sufficient to meet the purchase price. When purchasing a security on a delayed delivery basis, the Fund assumes the rights and risks
of ownership of the security, including the risk of price and yield fluctuations, and takes such fluctuations into account when determining
its net asset value. The Fund may dispose of or renegotiate a delayed delivery transaction after it is entered into, and may sell when-issued
securities before they are delivered, which may result in a capital gain or loss. When the Fund has sold a security on a delayed delivery
basis, the Fund does not
participate in future gains and losses with respect to the security.
Loan Participations
and Brady Bonds — To the extent consistent with its investment objective and strategies, a Fund may invest in U.S. dollar-denominated
fixed- and floating-rate loans (“Loans”) arranged through private negotiations between a foreign sovereign entity and one
or more financial institutions (“Lenders”). The Fund invests in such Loans in the form of participations in Loans (“Participations”)
or assignments of all or a portion of Loans from third parties. Participations typically result in a Fund having a contractual relationship
only with the Lenders, not with the sovereign borrowers. The Fund has the right to receive payments of principal, interest and any fees
to which it is entitled from the Lender selling the Participation and only upon receipt by the Lender of the payments from the borrower.
In connection with purchasing Participations, the Fund generally has no right to enforce compliance by the borrower with the terms of
the loan agreement relating to the Loan, nor any rights of set-off against the borrower, and the Fund will not benefit directly from
any collateral supporting the Loan in which it has purchased the Participation. As a result, the Fund assumes the credit risk of both
the borrower and the Lender that is selling the Participation.
Certain debt obligations, customarily referred to as “Brady Bonds”, are created through the exchange of existing commercial bank loans to foreign entities for new obligations in connection with debt restructuring under a plan introduced by former U.S. Secretary of the Treasury Nicholas F. Brady. Brady Bonds have only been issued since 1989, and, accordingly, do not have a long payment history. They are issued by governments that may have previously defaulted on the loans being restructured by the Brady Bonds, so they are subject to the risk of default by the issuer. They may be fully or partially collateralized or uncollateralized and issued in various currencies.
Dividends and
Distributions to Shareholders — The International Equity, Emerging Markets Equity and International Fixed Income Funds will
distribute substantially all of their net investment income and all net realized capital gains, if any, at least annually. The Emerging
Markets Debt Fund will distribute substantially all of its net investment income, if any, at least quarterly and all net realized gains,
if any, at least annually. All dividends and distributions are recorded on ex-dividend date.
Investments
in Real Estate Investment Trusts (“REITs”) — Dividend income is recorded based on the income included in distributions
received from the REIT investments using published REIT reclassifications including management estimates when actual amounts
SEI Institutional International Trust
are not available. Distributions received in excess of this estimated amount are recorded as a reduction of the cost of investments or reclassified to capital gains. The actual amounts of income, return of capital, and capital gains are only determined by each REIT after its fiscal year-end, and may differ from the estimated amounts.
3. CREDIT DERIVATIVES
A Fund may use credit default swaps to reduce risk where a Fund has exposure to the issuer, or to take an active long or short position with respect to the likelihood of an event of default. The reference obligation of the swap can be a single issuer, a “basket” of issuers, or an index. The underlying referenced assets are corporate debt, sovereign debt and asset backed securities.
The buyer of a credit default swap is generally obligated to pay the seller a periodic stream of payments over the term of the contract in return for a contingent payment upon the occurrence of a credit event with respect to an underlying reference obligation. Generally, a credit event for corporate or sovereign reference obligations means bankruptcy, failure to pay, obligation acceleration, repudiation/moratorium or restructuring. For credit default swaps on asset-backed securities, a credit event may be triggered by events such as failure to pay principal, maturity extension, rating downgrade or write-down.
If a Fund is a seller of protection, and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will generally either (i) pay to the buyer an amount equal to the notional amount of the swap and take delivery of the referenced obligation, other deliverable obligations, or underlying securities comprising a referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising a referenced index.
If a Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. Recovery values are calculated by market makers considering either industry standard recovery rates or entity specific factors and considerations until a credit
event occurs. If a credit event has occurred, the recovery value is determined by a facilitated auction whereby a minimum number of allowable broker bids, together with a specified valuation method, are used to calculate the settlement value.
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
4. DERIVATIVE CONTRACTS
The following tables show the derivatives categorized by underlying risk exposure. The fair value of derivative instruments as of period end was as follows ($ Thousand):
| |
Asset Derivatives |
|
|
|
Liability Derivatives |
|
|
|
| |
Period ended March 31, 2023 |
|
|
|
|
Period ended March 31, 2023 |
|
|
|
|
| |
Statements of Assets and Liabilities Location |
|
Fair Value |
|
Statements of Assets and Liabilities Location |
|
Fair Value |
|
International Equity Fund |
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
Net Assets — Unrealized appreciation on futures contracts |
|
$ |
1,069 |
* |
Net Assets — Unrealized depreciation on futures contracts |
|
$ |
— |
* |
Equity contracts |
Net Assets — Unrealized appreciation on swaps contracts |
|
|
1,667 |
* |
Net Assets — Unrealized depreciation on swaps contracts |
|
|
— |
* |
Total derivatives not accounted for as hedging instruments |
|
|
$ |
2,736 |
|
|
|
$ |
— |
|
| |
|
|
|
|
|
|
|
|
|
|
Emerging Markets Equity Fund |
|
|
|
|
|
|
|
|
Interest rate contracts |
Net Assets — Unrealized appreciation on futures contracts |
|
$ |
749 |
* |
Net Assets — Unrealized depreciation on futures contracts |
|
$ |
— |
* |
Total derivatives not accounted for as hedging instruments |
|
|
$ |
749 |
|
|
|
$ |
— |
|
| |
|
|
|
|
|
|
|
|
|
|
International Fixed Income Fund |
|
|
|
|
|
|
|
|
Interest rate contracts |
Net Assets — Unrealized appreciation on swaps contracts |
|
$ |
571 |
† |
Net Assets — Unrealized depreciation on swaps contracts |
|
$ |
1,218 |
† |
| |
Unrealized appreciation on swaps contracts |
|
|
70 |
† |
Unrealized depreciation on swaps contracts |
|
|
— |
† |
| |
Net Assets — Unrealized appreciation on futures contracts |
|
|
1,059 |
* |
Net Assets — Unrealized depreciation on futures contracts |
|
|
635 |
* |
Credit contracts |
Net Assets – Unrealized appreciation on swaps contracts |
|
|
15 |
|
Net Assets – Unrealized depreciation on swaps contracts |
|
|
— |
|
Foreign exchange contracts |
Unrealized gain on forward foreign currency contracts |
|
|
2,085 |
|
Unrealized loss on forward foreign currency contracts |
|
|
6,792 |
|
Total derivatives not accounted for as hedging instruments |
|
|
$ |
3,800 |
|
|
|
$ |
8,645 |
|
| |
|
|
|
|
|
|
|
|
|
|
Emerging Markets Debt Fund |
|
|
|
|
|
|
|
|
Interest rate contracts |
Net Assets — Unrealized appreciation on swaps contracts |
|
$ |
1,275 |
† |
Net Assets — Unrealized depreciation on swaps contracts |
|
$ |
1,968 |
† |
| |
Unrealized appreciation on swaps contracts |
|
|
362 |
† |
Unrealized depreciation on swaps contracts |
|
|
1,695 |
† |
| |
Net Assets — Unrealized appreciation on futures contracts |
|
|
864 |
* |
Net Assets — Unrealized depreciation on futures contracts |
|
|
1,061 |
* |
Credit contracts |
Net Assets — Unrealized appreciation on swaps contracts |
|
|
— |
† |
Net Assets — Unrealized depreciation on swaps contracts |
|
|
137 |
† |
Foreign exchange contracts |
Unrealized gain on forward foreign currency contracts |
|
|
7,202 |
|
Unrealized loss on forward foreign currency contracts |
|
|
9,723 |
|
Total derivatives not accounted for as hedging instruments |
|
|
$ |
9,703 |
|
|
|
$ |
14,584 |
|
| |
|
|
|
|
|
|
|
|
|
|
* Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedules of Investments. Only current day’s variation margin is reported within the Statements of Assets & Liabilities.
† Includes cumulative appreciation/depreciation of swap contracts as reported in the Schedules of Investments. Market Value is reported within the Statements of Assets & Liabilities for OTC swap contracts that have paid premiums. For centrally cleared swap contracts current days variation margin is reported within the Statements of Assets & Liabilities.
SEI Institutional International Trust
The effect of derivative instruments on the Statements of Operations for the six months ended March 31, 2023:
Amount of realized gain or (loss) on derivatives recognized in income ($ Thousands):
Derivatives Not Accounted for as Hedging Instruments |
|
Futures |
|
|
Swaps |
|
|
Total |
|
International Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
Equity contracts |
|
$ |
4,552 |
|
|
$ |
(3,207 |
) |
|
$ |
1,345 |
|
Total |
|
$ |
4,552 |
|
|
$ |
(3,207 |
) |
|
$ |
1,345 |
|
Derivatives Not Accounted for as Hedging Instruments |
|
Futures |
|
|
Total |
|
Emerging Markets Equity Fund |
|
|
|
|
|
|
|
|
Equity contracts |
|
$ |
(562 |
) |
|
$ |
(562 |
) |
Total |
|
$ |
(562 |
) |
|
$ |
(562 |
) |
Derivatives Not Accounted for as Hedging Instruments |
|
Options |
|
|
Futures |
|
|
Forward
Foreign Currency
Contracts |
|
|
Swaps |
|
|
Total |
|
International Fixed Income Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
$ |
(14 |
) |
|
$ |
1,761 |
|
|
$ |
— |
|
|
$ |
39 |
|
|
$ |
1,786 |
|
Credit contracts |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
50 |
|
|
|
50 |
|
Foreign exchange contracts |
|
|
— |
|
|
|
1,195 |
|
|
|
(13,624 |
) |
|
|
— |
|
|
|
(12,429 |
) |
Total |
|
$ |
(14 |
) |
|
$ |
2,956 |
|
|
$ |
(13,624 |
) |
|
$ |
89 |
|
|
$ |
(10,593 |
) |
Derivatives Not Accounted for as Hedging Instruments |
|
Futures |
|
|
Forward
Foreign Currency
Contracts |
|
|
Swaps |
|
|
Total |
|
Emerging Markets Debt Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
$ |
542 |
|
|
$ |
— |
|
|
$ |
(3,756 |
) |
|
$ |
(3,214 |
) |
Foreign exchange contracts |
|
|
— |
|
|
|
3,769 |
|
|
|
— |
|
|
|
3,769 |
|
Credit contracts |
|
|
— |
|
|
|
— |
|
|
|
(1,150 |
) |
|
|
(1,150 |
) |
Total |
|
$ |
542 |
|
|
$ |
3,769 |
|
|
$ |
(4,906 |
) |
|
$ |
(595 |
) |
Change in unrealized appreciation or (depreciation) on derivatives recognized in income ($ Thousands):
Derivatives Not Accounted for as Hedging Instruments |
|
Futures |
|
|
Swaps |
|
|
Total |
|
International Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
$ |
5,275 |
|
|
$ |
— |
|
|
$ |
5,275 |
|
Equity contracts |
|
|
— |
|
|
|
1,667 |
|
|
|
1,667 |
|
Total |
|
$ |
5,275 |
|
|
$ |
1,667 |
|
|
$ |
6,942 |
|
Derivatives Not Accounted for as Hedging Instruments |
|
Futures |
|
|
Total |
|
Emerging Markets Equity Fund |
|
|
|
|
|
|
|
|
Equity contracts |
|
$ |
2,901 |
|
|
$ |
2,901 |
|
Total |
|
$ |
2,901 |
|
|
$ |
2,901 |
|
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
Derivatives Not Accounted for as Hedging Instruments |
|
Futures |
|
|
Forward
Foreign Currency
Contracts |
|
|
Swaps |
|
|
Total |
|
International Fixed Income Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
$ |
(923 |
) |
|
$ |
— |
|
|
$ |
(465 |
) |
|
$ |
(1,388 |
) |
Foreign exchange contracts |
|
|
— |
|
|
|
(16,391 |
) |
|
|
— |
|
|
|
(16,391 |
) |
Credit contracts |
|
|
— |
|
|
|
— |
|
|
|
15 |
|
|
|
15 |
|
Total |
|
$ |
(923 |
) |
|
$ |
(16,391 |
) |
|
$ |
(450 |
) |
|
$ |
(17,764 |
) |
Derivatives Not Accounted for as Hedging Instruments |
|
Futures |
|
|
Forward
Foreign Currency
Contracts |
|
|
Swaps |
|
|
Total |
|
Emerging Markets Debt Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest rate contracts |
|
$ |
805 |
|
|
$ |
— |
|
|
$ |
584 |
|
|
$ |
1,389 |
|
Foreign exchange contracts |
|
|
— |
|
|
|
1,128 |
|
|
|
— |
|
|
|
1,128 |
|
Credit contracts |
|
|
— |
|
|
|
— |
|
|
|
(373 |
) |
|
|
(373 |
) |
Total |
|
$ |
805 |
|
|
$ |
1,128 |
|
|
$ |
211 |
|
|
$ |
2,144 |
|
A Fund is subject to various netting arrangements with select counterparties (“Master Agreements”). Master Agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying credit protection mechanisms and providing standardization that improves legal certainty. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different Master Agreement, resulting in the need for multiple agreements with a single counterparty. As the Master Agreements are specific to unique operations of different asset types, they allow a Fund to close out and net its total exposure to a specific counterparty entity in the event of a default with respect to all the transactions governed under a single agreement with a specific counterparty entity.
Master Agreements can also help limit counterparty risk by specifying collateral posting arrangements at pre-arranged exposure levels. Under the Master Agreements, collateral is routinely transferred if the total net exposure to certain transactions (net of existing collateral already in place) governed under the relevant Master Agreement with a counterparty in a given account exceeds a specified threshold, which typically ranges from zero to $250,000 depending on the counterparty and the type of Master Agreement. United States Treasury Securities and U.S. dollar cash are generally the preferred forms of collateral. Securities and cash pledged as collateral are reflected as assets in the Statements of Assets and Liabilities as either a component of investments at value (securities) or deposits due from counterparties (cash). Cash collateral received is not typically held in a segregated account
and as such is reflected as a liability in the Statement of Assets and Liabilities as deposits due to counterparties. The market value of any securities received as collateral is not reflected as a component of net asset value. A Fund’s overall exposure to counterparty risk can change substantially within a short period, as it is affected by each transaction subject to the relevant Master Agreement.
Customer Account Agreements and related addendums govern exchange traded derivatives transactions such as futures, options on futures, and centrally cleared swaps. Exchange traded derivative transactions require posting of initial margin as determined by each relevant clearing agency which is segregated at a broker account registered with the Commodities Futures Trading Commission (CFTC), or the applicable regulator. In the US, counterparty risk is significantly reduced as creditors of the futures broker do not have claim to Fund assets in the segregated account. Additionally, portability of exposure in the event of default further reduces risk to the Funds. Variation margin, or changes in market value, are exchanged daily, but may not be netted between futures and cleared OTC derivatives.
SEI Institutional International Trust
The following is a summary of the variation margin of exchange-traded or centrally cleared financial derivative instruments of the Funds as of March 31, 2023 ($ Thousands):
| |
|
Financial Derivatives Assets |
|
|
|
|
|
Financial Derivatives Liabilities |
|
| |
|
Variation Margin Asset |
|
|
|
|
|
|
|
|
|
|
Variation Margin Liability |
|
|
|
|
|
Fund |
|
Futures |
|
|
Swap Agreements |
|
|
Total |
|
|
|
|
|
|
Futures |
|
|
Swap Agreements |
|
|
Total |
|
International Equity Fund |
|
$ |
252 |
|
|
$ |
— |
|
|
$ |
252 |
|
|
|
|
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
Emerging Markets Equity Fund |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
75 |
|
|
|
— |
|
|
|
75 |
|
International Fixed Income Fund |
|
|
128 |
|
|
|
39 |
|
|
|
167 |
|
|
|
|
|
|
|
164 |
|
|
|
25 |
|
|
|
189 |
|
Emerging Markets Debt Fund |
|
|
202 |
|
|
|
147 |
|
|
|
349 |
|
|
|
|
|
|
|
206 |
|
|
|
165 |
|
|
|
371 |
|
Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2023 amounted to $2,587 ($ Thousands) for the International Equity Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2023 amounted to $761 ($ Thousands) for the Emerging Markets Equity Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2023 amounted to $1,260 ($ Thousands) for the International Fixed Income Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2023 amounted to $4,070 ($ Thousands) for the Emerging Markets Debt Fund.
International Swaps and Derivatives Association, Inc. Master Agreements and Credit Support Annexes (“ISDA Master Agreements”) govern OTC financial
derivative transactions entered into by a Fund and select counterparties. ISDA Master Agreements maintain provisions for general obligations, representations, agreements, collateral and events of default or termination. Events of termination include conditions that may entitle counterparties to elect to terminate early and cause settlement of all outstanding transactions under the applicable ISDA Master Agreement. Any election to terminate early could be material to the financial statements. In limited circumstances, the ISDA Master Agreement may contain additional provisions that add additional counterparty protection beyond coverage of existing daily exposure if the counterparty has a decline in credit quality below a predefined level. These amounts, if any, may be segregated with a third party custodian.
The following is a summary by derivative type of the market value of OTC financial derivative instruments and collateral (received)/pledged as of March 31, 2023 ($ Thousands):
| |
|
Financial Derivative Assets |
|
|
|
|
|
Financial Derivative Liabilities |
|
|
|
|
|
|
|
|
|
|
International Fixed Income Fund |
|
Forward
Foreign
Currency
Contracts |
|
|
Swap
Agreements |
|
|
Total
Over the
Counter |
|
|
|
|
|
|
Forward
Foreign
Currency
Contracts |
|
|
Swap
Agreements |
|
|
Total
Over the
Counter |
|
|
Net Market
Value of OTC
Derivatives |
|
|
Collateral
(Received)/
Pledged* |
|
|
Net
Exposures^ |
|
ANZ |
|
$ |
3 |
|
|
$ |
— |
|
|
$ |
3 |
|
|
|
|
|
|
$ |
40 |
|
|
$ |
— |
|
|
$ |
40 |
|
|
$ |
(37 |
) |
|
$ |
— |
|
|
$ |
(37 |
) |
Bank of America |
|
|
10 |
|
|
|
— |
|
|
|
10 |
|
|
|
|
|
|
|
39 |
|
|
|
— |
|
|
|
39 |
|
|
|
(29 |
) |
|
|
— |
|
|
|
(29 |
) |
Barclays PLC |
|
|
46 |
|
|
|
— |
|
|
|
46 |
|
|
|
|
|
|
|
120 |
|
|
|
— |
|
|
|
120 |
|
|
|
(74 |
) |
|
|
— |
|
|
|
(74 |
) |
BNP Paribas |
|
|
134 |
|
|
|
— |
|
|
|
134 |
|
|
|
|
|
|
|
1,169 |
|
|
|
— |
|
|
|
1,169 |
|
|
|
(1,035 |
) |
|
|
— |
|
|
|
(1,035 |
) |
Brown Brothers Harriman |
|
|
37 |
|
|
|
— |
|
|
|
37 |
|
|
|
|
|
|
|
24 |
|
|
|
— |
|
|
|
24 |
|
|
|
13 |
|
|
|
— |
|
|
|
13 |
|
Citigroup |
|
|
156 |
|
|
|
— |
|
|
|
156 |
|
|
|
|
|
|
|
158 |
|
|
|
— |
|
|
|
158 |
|
|
|
(2 |
) |
|
|
— |
|
|
|
(2 |
) |
Commonwealth Bank Of Australia |
|
|
2 |
|
|
|
— |
|
|
|
2 |
|
|
|
|
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2 |
|
|
|
— |
|
|
|
2 |
|
Deutsche Bank |
|
|
10 |
|
|
|
70 |
|
|
|
80 |
|
|
|
|
|
|
|
10 |
|
|
|
— |
|
|
|
10 |
|
|
|
70 |
|
|
|
— |
|
|
|
70 |
|
Goldman Sachs |
|
|
232 |
|
|
|
— |
|
|
|
232 |
|
|
|
|
|
|
|
406 |
|
|
|
— |
|
|
|
406 |
|
|
|
(174 |
) |
|
|
— |
|
|
|
(174 |
) |
HSBC |
|
|
43 |
|
|
|
— |
|
|
|
43 |
|
|
|
|
|
|
|
54 |
|
|
|
— |
|
|
|
54 |
|
|
|
(11 |
) |
|
|
— |
|
|
|
(11 |
) |
JPMorgan Chase Bank |
|
|
615 |
|
|
|
— |
|
|
|
615 |
|
|
|
|
|
|
|
2,029 |
|
|
|
— |
|
|
|
2,029 |
|
|
|
(1,414 |
) |
|
|
— |
|
|
|
(1,414 |
) |
Merrill Lynch |
|
|
193 |
|
|
|
— |
|
|
|
193 |
|
|
|
|
|
|
|
94 |
|
|
|
— |
|
|
|
94 |
|
|
|
99 |
|
|
|
— |
|
|
|
99 |
|
Midland Walwyn Capital Inc. |
|
|
11 |
|
|
|
— |
|
|
|
11 |
|
|
|
|
|
|
|
158 |
|
|
|
— |
|
|
|
158 |
|
|
|
(147 |
) |
|
|
— |
|
|
|
(147 |
) |
Morgan Stanley |
|
|
395 |
|
|
|
— |
|
|
|
395 |
|
|
|
|
|
|
|
966 |
|
|
|
— |
|
|
|
966 |
|
|
|
(571 |
) |
|
|
— |
|
|
|
(571 |
) |
RBC |
|
|
2 |
|
|
|
— |
|
|
|
2 |
|
|
|
|
|
|
|
1 |
|
|
|
— |
|
|
|
1 |
|
|
|
1 |
|
|
|
— |
|
|
|
1 |
|
RBS |
|
|
35 |
|
|
|
— |
|
|
|
35 |
|
|
|
|
|
|
|
11 |
|
|
|
— |
|
|
|
11 |
|
|
|
24 |
|
|
|
— |
|
|
|
24 |
|
SCB Securities |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
1 |
|
|
|
— |
|
|
|
1 |
|
|
|
(1 |
) |
|
|
— |
|
|
|
(1 |
) |
Societe Generale |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Standard Chartered |
|
|
33 |
|
|
|
— |
|
|
|
33 |
|
|
|
|
|
|
|
35 |
|
|
|
— |
|
|
|
35 |
|
|
|
(2 |
) |
|
|
— |
|
|
|
(2 |
) |
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
| |
|
Financial Derivative Assets |
|
|
|
|
|
Financial Derivative Liabilities |
|
|
|
|
|
|
|
|
|
|
International Fixed Income Fund |
|
Forward
Foreign
Currency
Contracts |
|
|
Swap
Agreements |
|
|
Total
Over the
Counter |
|
|
|
|
|
|
Forward
Foreign
Currency
Contracts |
|
|
Swap
Agreements |
|
|
Total
Over the
Counter |
|
|
Net Market
Value of OTC
Derivatives |
|
|
Collateral
(Received)/
Pledged* |
|
|
Net
Exposures^ |
|
State Street |
|
$ |
13 |
|
|
$ |
— |
|
|
$ |
13 |
|
|
|
|
|
|
$ |
35 |
|
|
$ |
— |
|
|
$ |
35 |
|
|
$ |
(22 |
) |
|
|
— |
|
|
$ |
(22 |
) |
TD Securities |
|
|
2 |
|
|
|
— |
|
|
|
2 |
|
|
|
|
|
|
|
1,214 |
|
|
|
— |
|
|
|
1,214 |
|
|
|
(1,212 |
) |
|
|
— |
|
|
|
(1,212 |
) |
UBS |
|
|
113 |
|
|
|
— |
|
|
|
113 |
|
|
|
|
|
|
|
228 |
|
|
|
— |
|
|
|
228 |
|
|
|
(115 |
) |
|
|
— |
|
|
|
(115 |
) |
Total Over the Counter |
|
$ |
2,085 |
|
|
$ |
70 |
|
|
$ |
2,155 |
|
|
|
|
|
|
$ |
6,792 |
|
|
$ |
— |
|
|
$ |
6,792 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Financial Derivative Assets |
|
|
|
|
|
Financial Derivative Liabilities |
|
|
|
|
|
|
|
|
|
|
Emerging Markets Debt Fund |
|
Forward
Foreign
Currency
Contracts |
|
|
Swap
Agreements |
|
|
Total
Over the
Counter |
|
|
|
|
|
|
Forward
Foreign
Currency
Contracts |
|
|
Swap
Agreements |
|
|
Total
Over the
Counter |
|
|
Net Market
Value of OTC
Derivatives |
|
|
Collateral
(Received)/
Pledged* |
|
|
Net
Exposures^ |
|
Barclays PLC |
|
$ |
800 |
|
|
|
2 |
|
|
$ |
802 |
|
|
|
|
|
|
|
$ 173 |
|
|
$ |
— |
|
|
|
$ 173 |
|
|
$ |
629 |
|
|
$ |
— |
|
|
$ |
629 |
|
BNP Paribas |
|
|
78 |
|
|
|
— |
|
|
|
78 |
|
|
|
|
|
|
|
150 |
|
|
|
— |
|
|
|
150 |
|
|
|
(72 |
) |
|
|
— |
|
|
|
(72 |
) |
Citigroup |
|
|
1,743 |
|
|
|
— |
|
|
|
1,743 |
|
|
|
|
|
|
|
3,824 |
|
|
|
— |
|
|
|
3,824 |
|
|
|
(2,081 |
) |
|
|
— |
|
|
|
(2,081 |
) |
Deutsche Bank |
|
|
74 |
|
|
|
— |
|
|
|
74 |
|
|
|
|
|
|
|
9 |
|
|
|
— |
|
|
|
9 |
|
|
|
65 |
|
|
|
— |
|
|
|
65 |
|
Goldman Sachs |
|
|
1,288 |
|
|
|
243 |
|
|
|
1,531 |
|
|
|
|
|
|
|
795 |
|
|
|
1,497 |
|
|
|
2,292 |
|
|
|
(761 |
) |
|
|
— |
|
|
|
(761 |
) |
JPMorgan Chase Bank |
|
|
1,964 |
|
|
|
117 |
|
|
|
2,081 |
|
|
|
|
|
|
|
3,880 |
|
|
|
180 |
|
|
|
4,060 |
|
|
|
(1,979 |
) |
|
|
— |
|
|
|
(1,979 |
) |
Merrill Lynch |
|
|
170 |
|
|
|
— |
|
|
|
170 |
|
|
|
|
|
|
|
51 |
|
|
|
18 |
|
|
|
69 |
|
|
|
101 |
|
|
|
— |
|
|
|
101 |
|
Midland Walwyn Capital Inc. |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
21 |
|
|
|
— |
|
|
|
21 |
|
|
|
(21 |
) |
|
|
— |
|
|
|
(21 |
) |
Morgan Stanley |
|
|
386 |
|
|
|
— |
|
|
|
386 |
|
|
|
|
|
|
|
100 |
|
|
|
— |
|
|
|
100 |
|
|
|
286 |
|
|
|
— |
|
|
|
286 |
|
SCB Securities |
|
|
64 |
|
|
|
— |
|
|
|
64 |
|
|
|
|
|
|
|
23 |
|
|
|
— |
|
|
|
23 |
|
|
|
41 |
|
|
|
— |
|
|
|
41 |
|
Standard Bank |
|
|
605 |
|
|
|
— |
|
|
|
605 |
|
|
|
|
|
|
|
631 |
|
|
|
— |
|
|
|
631 |
|
|
|
(26 |
) |
|
|
— |
|
|
|
(26 |
) |
State Street |
|
|
30 |
|
|
|
— |
|
|
|
30 |
|
|
|
|
|
|
|
66 |
|
|
|
— |
|
|
|
66 |
|
|
|
(36 |
) |
|
|
— |
|
|
|
(36 |
) |
Total Over the Counter |
|
$ |
7,202 |
|
|
$ |
362 |
|
|
$ |
7,564 |
|
|
|
|
|
|
$ |
9,723 |
|
|
$ |
1,695 |
|
|
$ |
11,418 |
|
|
|
|
|
|
|
|
|
|
|
|
|
^ Net Exposures represents the net receivable/(payable) that would be due from/to the counterparty in the event of default. Exposure from OTC financial derivative instruments can only be netted across transactions governed under the same master agreement with the same legal entity.
* Excess collateral pledged is not shown for financial reporting purposes.
No securities have been pledged or have been received as collateral for OTC financial derivative instruments as governed by ISDA Master Agreements as of March 31, 2023.
The following table discloses the average quarterly balances of the Funds’ derivative activity during the six months ended March 31, 2023 ($ Thousands):
| |
|
International Equity Fund |
|
|
Emerging Markets Equity Fund |
|
|
International Fixed Income Fund |
|
|
Emerging Markets Debt Fund |
|
Futures Contracts: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Notional Balance Long |
|
$ |
27,738 |
|
|
$ |
14,802 |
|
|
$ |
60,585 |
|
|
$ |
61,307 |
|
Average Notional Balance Short |
|
|
– |
|
|
|
– |
|
|
|
64,146 |
|
|
|
23,371 |
|
Forward Foreign Currency Contracts: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Notional Balance Long |
|
|
– |
|
|
|
– |
|
|
|
850,359 |
|
|
|
638,189 |
|
Average Notional Balance Short |
|
|
– |
|
|
|
– |
|
|
|
858,073 |
|
|
|
639,264 |
|
Credit Default Swaps: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Notional Balance Long |
|
|
– |
|
|
|
– |
|
|
|
2,247 |
|
|
|
19,543 |
|
Average Notional Balance Short |
|
|
– |
|
|
|
– |
|
|
|
3,432 |
|
|
|
– |
|
Interest Rate Swaps: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Notional Balance |
|
|
– |
|
|
|
– |
|
|
|
44,205 |
|
|
|
185,976 |
|
Total Return Swaps: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Notional Balance Long |
|
|
123,011 |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
Average Notional Balance Short |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
SEI Institutional International Trust
5. INVESTMENT ADVISORY, ADMINISTRATION AND DISTRIBUTION AGREEMENTS, INVESTMENT SUB-ADVISORY AGREEMENTS AND OTHER TRANSACTIONS WITH AFFILIATES
Investment
Advisory, Administration and Distribution Agreements — SIMC serves as investment adviser (the “Adviser”) to each
Fund. In connection with serving as Adviser, SIMC is entitled to a fee, which is calculated daily and paid monthly, based on the average
daily net assets of each fund.
SEI Investments Global Funds Services (the “Administrator”) provides administrative and transfer agency services to the Funds for annual fees, based on the average daily net assets of each fund.
SEI Investments Distribution Co. (the “Distributor”) is the distributor of the shares of the Funds. The Funds have adopted a shareholder services plan and agreement (the Service Plan) with respect to Class F (formerly Class A) and Class I Shares that allows such shares to pay service providers a fee, based on average daily net assets of each respective Class of Shares, in connection with the ongoing servicing of shareholder accounts owning such shares. The International Equity Fund has also adopted an administrative services plan and agreement (the Administrative Service Plan) with respect to Class I Shares that allows such Shares to pay service providers
a fee, based on average daily net assets of the Class I Shares, in connection with ongoing administrative services for shareholder accounts owning such Shares.
The Service Plan and Administrative Service Plan provide that shareholder service fees and administrative service fees, respectively, on Class F (formerly Class A) and Class I Shares will be paid to the Distributor, which may then be used by the Distributor to compensate financial intermediaries for providing shareholder services and administrative services, as applicable, with respect to the Shares.
The Adviser, Administrator and/or Distributor have voluntarily agreed to waive a portion of their fees in order to keep total direct operating expenses (exclusive of interest from borrowings, brokerage commissions, taxes, Trustees fees and extraordinary expenses not incurred in the ordinary course of the Funds’ business) at a specified level. The voluntary waivers by the Funds’ Adviser, Administrator and/or Distributor are limited to the Funds’ direct operating expenses and, therefore, do not apply to indirect expenses incurred by the Funds, such as acquired fund fees and expenses (AFFE). The waivers are voluntary and the Funds’ Adviser, Administrator and/or Distributor may discontinue all or part of any of these waivers at any time.
The following is a summary of annual fees payable to the Adviser and Distributor and the contractual and voluntary expense limitations for each Fund:
| |
|
Advisory
Fee |
|
|
Shareholder
Servicing Fee |
|
|
Administrative
Servicing Fee |
|
|
Voluntary Expense Limitation |
|
International Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F |
|
|
0.51 |
% |
|
|
0.25 |
% |
|
|
— |
|
|
|
1.15 |
% |
Class I |
|
|
0.51 |
% |
|
|
0.25 |
% |
|
|
0.25 |
% |
|
|
1.40 |
% |
Class Y |
|
|
0.51 |
% |
|
|
— |
|
|
|
— |
|
|
|
0.90 |
% |
Emerging Markets Equity Fund* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F |
|
|
1.05 |
% |
|
|
0.25 |
% |
|
|
— |
|
|
|
N/A |
|
Class Y |
|
|
1.05 |
% |
|
|
— |
|
|
|
— |
|
|
|
N/A |
|
International Fixed Income Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F |
|
|
0.30 |
% |
|
|
0.25 |
% |
|
|
— |
|
|
|
1.02 |
% |
Class Y |
|
|
0.30 |
% |
|
|
— |
|
|
|
— |
|
|
|
0.77 |
% |
Emerging Markets Debt Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class F |
|
|
0.85 |
% |
|
|
0.25 |
% |
|
|
— |
|
|
|
1.36 |
% |
Class Y |
|
|
0.85 |
% |
|
|
— |
|
|
|
— |
|
|
|
1.11 |
% |
* SIMC has contractually agreed to waive its advisory fee as necessary to keep the advisory fee paid by the Fund during its fiscal year from exceeding 0.95%. This fee waiver agreement shall remain in effect until January 31, 2024 and, unless earlier terminated, shall be automatically renewed for successive one-year periods thereafter. The agreement may be amended or terminated only with the consent of the Board of Trustees.
N/A — Not applicable.
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
The following is a summary of annual fees payable to the Administrator:
| |
|
First $1.5 Billion of Assets |
|
|
Next $500 Million of Assets |
|
|
Next $500 Million of Assets |
|
|
Next $500 Million of Assets |
|
|
Over $3 Billion of Assets |
|
International Equity Fund |
|
|
0.450 |
% |
|
|
0.370 |
% |
|
|
0.2900 |
% |
|
|
0.210 |
% |
|
|
0.130 |
% |
Emerging Markets Equity Fund |
|
|
0.450 |
% |
|
|
0.370 |
% |
|
|
0.2900 |
% |
|
|
0.210 |
% |
|
|
0.130 |
% |
International Fixed Income Fund |
|
|
0.450 |
% |
|
|
0.370 |
% |
|
|
0.2900 |
% |
|
|
0.210 |
% |
|
|
0.130 |
% |
Emerging Markets Debt Fund |
|
|
0.450 |
% |
|
|
0.370 |
% |
|
|
0.2900 |
% |
|
|
0.210 |
% |
|
|
0.130 |
% |
Investment
Sub-Advisory Agreements — As of March 31, 2023, SIMC has entered into
Investment Sub-Advisory Agreements with the following parties:
Investment Sub-Adviser
International Equity Fund
Acadian Asset Management LLC
Causeway Capital Management LLC
Delaware Investments Fund Advisers, a series of Macquarie Asset Management Business Trust
Lazard Asset Management LLC
Pzena Investment Management, LLC
WCM Investment Management LLC
Emerging Markets Equity Fund
JOHCM (USA) Inc.
KBI Global Investors (North America) Ltd.
Neuberger Berman Investment Advisers LLC
Qtron Investments LLC
Robeco Institutional Asset Management US Inc.
International Fixed Income Fund
AllianceBernstein L.P.
Colchester Global Investors Ltd.
Wellington Management Company, LLP
Emerging Markets Debt Fund
Colchester Global Investors Ltd.
Marathon Asset Management, L.P.
Neuberger Berman Investment Advisers LLC
Ninety One UK Ltd.
Stone Harbor Investment Partners LP, a division of Virtus Fixed Income Advisers, LLC
Under the investment sub-advisory agreements, each sub-adviser receives a fee, paid by SIMC.
Brokerage Commissions
Paid to Affiliates — The Distributor may receive compensation on fund transactions effected for the Trust in accordance with
the rules of the Securities and Exchange Commission (“SEC”). Accordingly, it is expected that fund transactions may result
in brokerage commissions being paid to the Distributor. The SEC rules require that such commissions not exceed usual and customary commissions.
There were no such commissions for the six months ended March 31, 2023.
Fees Paid Indirectly
— The Funds may direct certain fund trades to the Distributor who pays a portion of the Fund’s expenses. Accordingly,
the expenses reduced, which were used to pay third party expenses, and the effect on the Fund’s expense ratio, as a percentage
of the Fund’s average daily net assets for the six months ended March 31,
2023 can be found on the Statement of Operations and Financial Highlights, if applicable.
Investment
in Affiliated Securities — The Funds may invest in the SEI Daily Income Trust Government Fund, an affiliated money market fund
to manage excess cash or to serve as margin or collateral for derivative positions. Additionally, the Funds may invest cash collateral
from the securities lending program in the SEI Liquidity Fund, LP, also an affiliated fund.
Payment to
Affiliates — Certain Officers and Trustees of the Trust are also Officers and/or Directors of the Administrator, Adviser and/or
the Distributor.
The Trust pays each unaffiliated Trustee an annual fee for attendance at quarterly, interim, and committee meetings. The Administrator or the Distributor pays compensation of Officers and affiliated Trustees.
A portion of the services provided by the Chief Compliance Officer (“CCO”) and his staff, whom are employees of the Administrator, are paid for by the Trust as incurred. The services include regulatory oversight of the Trust’s Adviser, sub-advisers and service providers.
Interfund Lending
— The SEC has granted an exemption that permits the Trust to participate in an interfund lending program (“The Program”)
with existing or future investment companies registered under the 1940 Act that are advised by SIMC (the “SEI Funds”). The
Program allows the SEI Funds to lend money to and borrow money from each other for temporary or emergency purposes. Participation in
The Program is voluntary for both borrowing and lending funds. Interfund loans may be made only when the rate of interest to be charged
is
SEI Institutional International Trust
more favorable to the lending fund than an investment in overnight repurchase agreements (“Repo Rate”), and more favorable to the borrowing fund than the rate of interest that would be charged by a bank for short-term borrowings (“Bank Loan Rate”). The Bank Loan Rate will be determined using a formula reviewed annually by the
SEI Funds’ Board of Trustees. The interest rate imposed on interfund loans is the average of the Repo Rate and the Bank Loan Rate. As of and during the six months ended March 31, 2023, the Trust has not participated in the Program.
6. INVESTMENT TRANSACTIONS
The cost of security purchases and the proceeds from the sale of securities, other than temporary cash investments, during the six months ended March 31, 2023, were as follows:
| |
|
International Equity Fund
($ Thousands) |
|
|
Emerging Markets Equity Fund
($ Thousands) |
|
|
International Fixed Income Fund
($ Thousands) |
|
|
Emerging Markets Debt Fund
($ Thousands) |
|
Purchases |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Government |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
1,522 |
|
|
$ |
— |
|
Other |
|
|
1,468,455 |
|
|
|
585,084 |
|
|
|
71,335 |
|
|
|
593,076 |
|
Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Government |
|
|
— |
|
|
|
— |
|
|
|
1,879 |
|
|
|
11,244 |
|
Other |
|
|
1,693,110 |
|
|
|
651,368 |
|
|
|
121,757 |
|
|
|
646,146 |
|
7. FEDERAL TAX INFORMATION:
It is each Fund’s intention to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code and distribute all of its taxable income (including net capital gains). Accordingly, no provision for Federal income taxes is required.
The Funds may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned. The Funds accrue such taxes when the related income is earned.
Dividends from net investment income and distributions from net realized capital gains are determined in accordance with U.S. Federal income tax regulations, which may differ from those amounts determined under U.S. GAAP. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital and distributable earnings, as appropriate, in the period that the differences arise.
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Continued)
March 31, 2023 (Unaudited)
The tax character of dividends and distributions declared during the last two years were as follows:
| |
|
|
|
|
Ordinary Income
($ Thousands) |
|
|
Long-term Capital Gain
($ Thousands) |
|
|
Total
($ Thousands) |
|
International Equity Fund |
|
|
2022 |
|
|
$ |
273,801 |
|
|
$ |
333,275 |
|
|
$ |
607,076 |
|
| |
|
2021 |
|
|
|
43,996 |
|
|
|
— |
|
|
|
43,996 |
|
Emerging Markets Equity Fund |
|
|
2022 |
|
|
|
22,606 |
|
|
|
147,145 |
|
|
|
169,751 |
|
| |
|
|
2021 |
|
|
|
10,653 |
|
|
|
— |
|
|
|
10,653 |
|
International Fixed Income Fund |
|
|
2022 |
|
|
|
6,393 |
|
|
|
5,453 |
|
|
|
11,846 |
|
| |
|
|
2021 |
|
|
|
— |
|
|
|
149 |
|
|
|
149 |
|
Emerging Markets Debt Fund |
|
|
2022 |
|
|
|
24,809 |
|
|
|
— |
|
|
|
24,809 |
|
| |
|
|
2021 |
|
|
|
30,547 |
|
|
|
— |
|
|
|
30,547 |
|
As of September 30, 2022, the components of Distributable Earnings (Accumulated Losses) were as follows:
| |
|
Undistributed
Ordinary
Income
($ Thousands) |
|
|
Undistributed
Long-Term
Capital Gain
($ Thousands) |
|
|
Capital
Loss
Carryforwards
($ Thousands) |
|
|
Post
October
Losses
($ Thousands) |
|
|
Late Year
Ordinary
Losses
($ Thousands) |
|
|
Unrealized
Appreciation
(Depreciation)
($ Thousands) |
|
|
Other
Temporary
Differences
($ Thousands) |
|
|
Total
Distributable Earnings
(Accumulated
Losses)
($ Thousands) |
|
International Equity Fund |
|
$ |
68,002 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(96,235 |
) |
|
$ |
— |
|
|
$ |
(643,309 |
) |
|
$ |
— |
|
|
$ |
(671,542 |
) |
Emerging Markets Equity Fund |
|
|
22,612 |
|
|
|
— |
|
|
|
— |
|
|
|
(102,401 |
) |
|
|
— |
|
|
|
(152,326 |
) |
|
|
(2 |
) |
|
|
(232,117 |
) |
International Fixed Income Fund |
|
|
47,216 |
|
|
|
— |
|
|
|
— |
|
|
|
(550 |
) |
|
|
— |
|
|
|
(112,787 |
) |
|
|
(2,854 |
) |
|
|
(68,975 |
) |
Emerging Markets Debt Fund |
|
|
— |
|
|
|
— |
|
|
|
(11,302 |
) |
|
|
(123,683 |
) |
|
|
(2,106 |
) |
|
|
(347,744 |
) |
|
|
(4,737 |
) |
|
|
(489,572 |
) |
Post-October losses represent losses realized on investment transactions from November 1, 2021 through September 30, 2022 that, in accordance with Federal income tax regulations, the Funds may elect to defer and treat as having arisen in the following fiscal year.
For Federal income tax purposes, capital loss carryforwards may be carried forward and applied against future capital gains.
The Funds have capital losses carried forward as follows:
| |
|
Short-Term
($ Thousands) |
|
|
Long-Term
($ Thousands) |
|
|
Total Capital Loss Carryforwards
($ Thousands) |
|
Emerging Markets Debt Fund |
|
$ |
1,984 |
|
|
$ |
9,318 |
|
|
$ |
11,302 |
|
For Federal income tax purposes, the cost of securities owned at March 31, 2023, and the net realized gains or losses on securities sold for the period were not materially different from amounts reported for financial reporting purposes. These differences are primarily due to investments in derivatives, passive foreign investment companies and wash sales which cannot be used for Federal income tax purposes in the current year and have been deferred for use in future years. The aggregate gross unrealized appreciation and depreciation on total investments held by the Funds at March 31, 2023, was as follows:
| |
|
Federal Tax Cost
($ Thousands) |
|
|
Appreciated
Securities
($ Thousands) |
|
|
Depreciated
Securities
($ Thousands) |
|
|
Net Unrealized
Appreciation/
(Depreciation)
($ Thousands) |
|
International Equity Fund |
|
$ |
3,752,010 |
|
|
$ |
511,981 |
|
|
$ |
(154,915 |
) |
|
$ |
357,066 |
|
Emerging Markets Equity Fund |
|
|
1,323,825 |
|
|
|
127,000 |
|
|
|
17,591 |
|
|
|
144,591 |
|
International Fixed Income Fund |
|
|
511,168 |
|
|
|
5,020 |
|
|
|
(60,940 |
) |
|
|
(55,920 |
) |
Emerging Markets Debt Fund |
|
|
1,396,238 |
|
|
|
26,955 |
|
|
|
(180,446 |
) |
|
|
(153,491 |
) |
Management has analyzed the Funds’ tax positions taken on federal income tax returns for all open tax years and has concluded that as of March 31, 2023, no provision for income tax would be required in the Funds’ financial statements. The Funds’ federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.
8. CONCENTRATION/RISKS
In the normal course of business, the Trust enters into contracts that provide general indemnifications by the Trust to the counterparty to the contract. The Trust’s maximum exposure under these arrangements is dependent on future claims that may be made against the Trust and, therefore, cannot be estimated; however, management believes that, based on experience, the risk of loss from such claims is considered remote.
To the extent consistent with its Investment Strategy, a Fund may have one of more of the following principal risks:
SEI Institutional International Trust
Asset-Backed
Securities Risk — Payment of principal and interest on asset-backed securities
is dependent largely on the cash flows generated by the assets backing the securities. Securitization
trusts generally do not have any assets or sources of funds other than the receivables and
related property they own, and asset-backed securities are generally not insured or guaranteed
by the related sponsor or any other entity. Asset-backed securities may be more illiquid
than more conventional types of fixed-income securities that the Funds acquire.
Credit Risk
— The risk that the issuer of a security or the counterparty to a contract will default or otherwise become unable to honor
a financial obligation.
Currency Risk
— As a result of a Fund’s investments in active positions in currencies and securities or other investments denominated
in, and/or receiving revenues in, foreign currencies and the Fund’s active management of its currency exposures, the Fund will
be subject to currency risk. Currency risk is the risk that foreign currencies will decline in value relative to the U.S. dollar or,
in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency hedged. In either event, the dollar
value of an investment in the Fund would be adversely affected. Due to the Fund’s active positions in currencies, it will be subject
to the risk that currency exchange rates may fluctuate in response to, among other things, changes in interest rates, intervention (or
failure to intervene) by U.S. or foreign governments, central banks or supranational entities, or by the imposition of currency controls
or other political developments in the United States or abroad.
Economic Risks
of Global Health Events — Global health events and pandemics, such as COVID-19, have the ability to affect—quickly, drastically
and substantially the economies of many nations, states, individual companies and the markets in general and can cause disruptions that
cannot necessarily be foreseen. The spread of COVID-19 around the world in 2020 resulted in a substantial number of nations implementing
social distancing measures, quarantines, and the shutdown of non-essential businesses and governmental services. Further, it has caused
significant volatility in U.S. and international markets. The impact of the outbreak may be short term or may last for an extended period
of time.
Foreign Investment/Emerging
Markets Risk — The risk that non-U.S. securities may be subject to additional risks due to, among other things, political,
social and economic developments abroad, currency movements and different legal, regulatory, tax, accounting and audit environments.
These additional risks may be heightened with respect to emerging market countries because political turmoil and rapid changes in economic
conditions are more likely to occur in these countries. Investments in emerging markets are subject to the added risk that information in emerging market investments may be unreliable or outdated due to differences in regulatory, accounting or auditing and financial record keeping standards, or because less information about emerging market investments is publicly available. In addition, the rights and remedies associated with emerging market investments may be different than investments in developed markets. A lack of reliable information, rights and remedies increase the risks of investing in emerging markets in comparison to more developed markets. In addition, periodic U.S. Government restrictions on investments in issuers from certain foreign countries may require the Fund to sell such investments at inopportune times, which could result in losses to the Fund.
Interest Rate
Risk — The risk that a change in interest rates will cause a fall in the value of fixed income securities, including U.S. Government
securities, in which the Fund invests. Generally, the value of the Fund’s fixed income securities will vary inversely with the
direction of prevailing interest rates. Changing interest rates may have unpredictable effects on the markets and may affect the value
and liquidity of instruments held by the Fund. Although U.S. Government securities are considered to be among the safest investments,
they are not guaranteed against price movements due to changing interest rates.
Market Risk
— The risk that the market value of a security may move up and down, sometimes rapidly and unpredictably. Market risk may affect
a single issuer, an industry, a sector or the equity or bond market as a whole. Equity markets may decline significantly in response
to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value, public
perceptions concerning these developments, and adverse investor sentiment or publicity. Similarly, environmental and public health risks,
such as natural disasters, epidemics, pandemics or widespread fear that such events may occur, may impact markets adversely and cause
market volatility in both the short- and long-term. The prices of the Fund’s fixed income securities respond to economic developments,
particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments
and their agencies. Generally, the Fund’s fixed income securities will decrease in value if interest rates rise and vice versa.
In a low interest rate environment, risks associated with rising rates are heightened. Declines in dealer market-making capacity as a
result of structural or regulatory changes could further decrease liquidity and/or increase volatility in the fixed income markets. Markets
for fixed
SEI Institutional International Trust
NOTES TO FINANCIAL STATEMENTS (Concluded)
March 31, 2023 (Unaudited)
income securities may decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value, public perceptions concerning these developments, and adverse investor sentiment or publicity. Similarly, environmental and public health risks, such as natural disasters, epidemics, pandemics or widespread fear that such events may occur, may impact markets adversely and cause market volatility in both the short- and long-term. In response to these events, the Fund’s value may fluctuate and/or the Fund may experience increased redemptions from shareholders, which may impact the Fund’s liquidity or force the Fund to sell securities into a declining or illiquid market.
Mortgage-Backed
Securities Risk — Mortgage-backed securities are affected significantly by the rate of prepayments and modifications of the
mortgage loans backing those securities, as well as by other factors such as borrower defaults, delinquencies, realized or liquidation
losses and other shortfalls. Mortgage-backed securities are particularly sensitive to prepayment risk, which is described below, given
that the term to maturity for mortgage loans is generally substantially longer than the expected lives of those securities; however,
the timing and amount of prepayments cannot be accurately predicted. The timing of changes in the rate of prepayments of the mortgage
loans may significantly affect the Funds’ actual yield to maturity on any mortgage-backed securities, even if the average rate
of principal payments is consistent with the Funds’ expectation. Along with prepayment risk, mortgage-backed securities are significantly
affected by interest rate risk, which is described above. In a low interest rate environment, mortgage loan prepayments would generally
be expected to increase due to factors such as refinancing and loan modifications at lower interest rates. In contrast, if prevailing
interest rates rise, prepayments of mortgage loans would generally be expected to decline and therefore extend the weighted average lives
of mortgage-backed securities held or acquired by the Funds.
Please refer to each Fund’s current prospectus for additional disclosure regarding the risks associated with investing in the Funds. The foregoing is not intended to be a complete discussion of the risks associated with the investment strategies of the Funds.
9. SECURITIES LENDING
A Fund may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust’s Board of Trustees. These loans may not exceed 33 1/3% of the total asset value of a Fund (including the loan collateral). No Fund will lend portfolio
securities to its Adviser, sub-adviser or their affiliates unless it has applied for and received specific authority to do so from the SEC. Loans of portfolio securities will be fully collateralized by cash. Collateral will be maintained in an amount equal to at least 100% of the current market value of the loaned securities by marking to market daily, although the borrower will be required to deliver collateral between 102% and 105% of the market value of borrowed securities for domestic and foreign securities, respectively. However, due to market fluctuations during the day, the value of securities loaned on a particular day may, during the course of the day, exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior day’s market fluctuations and the current day’s lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks, including the risk that a Fund may be delayed or restricted from recovering the loaned securities or disposing of the collateral for the loan which could give rise to loss because of adverse market actions expenses and/or delays in connection with the disposition of the underlying securities.
Cash collateral received in connection with securities lending is invested in eligible securities by the lending agent. These investments may include the SEI Liquidity Fund, LP (“Liquidity Fund”) and the Fund bears its pro rata portion of the Liquidity Fund’s expenses and is subject to the risk of loss in the underlying investments of the Liquidity Fund and losses on such investment. There is no guarantee that these investments will not lose value.
The following is a summary of securities lending agreements held by certain Funds which would be subject to offset as of March 31, 2023 ($ Thousands):
| |
|
Securities
Loaned at
Value |
|
|
Cash
Collateral
Received (1) |
|
|
Net
Amount |
|
International Equity Fund |
|
$ |
144,149 |
|
|
$ |
144,149 |
|
|
$ |
– |
|
Emerging Markets Equity Fund |
|
|
10,679 |
|
|
|
10,679 |
|
|
|
– |
|
Emerging Markets Debt Fund |
|
|
33,774 |
|
|
|
33,774 |
|
|
|
– |
|
(1) Excess collateral received in connection with the above securities lending transactions is not shown for financial reporting purposes. See each Fund’s Schedule of Investments for the total collateral received.
SEI Institutional International Trust
10. CONCENTRATION OF SHAREHOLDERS
SEI Private Trust Company (“SPTC”) and SIMC are subsidiaries of SEI Investments Company. As of March 31, 2023, SPTC held of record the following:
Fund |
|
|
Class F |
|
|
|
Class I |
|
|
|
Class Y |
|
International Equity Fund |
|
|
96.76 |
% |
|
|
— |
% |
|
|
55.15 |
% |
Emerging Markets Equity Fund |
|
|
96.54 |
% |
|
|
— |
% |
|
|
66.92 |
% |
International Fixed Income Fund |
|
|
98.29 |
% |
|
|
— |
% |
|
|
99.26 |
% |
Emerging Markets Debt Fund |
|
|
97.93 |
% |
|
|
— |
% |
|
|
66.77 |
% |
SPTC is not a direct service provider to the SEI Funds. However, SPTC performs a role in the comprehensive investment solution that SEI provides to investors. SPTC holds shares in the Funds as custodian for shareholders that are clients of independent registered investment advisers, financial planners, bank trust departments and other financial advisers. SPTC maintains omnibus accounts at the Fund’s transfer agent.
11. REGULATORY MATTERS
The U.K. Financial Conduct Authority stopped compelling or inducing banks to submit certain London Inter-Bank Offered Rate (LIBOR) rates. The publication of LIBOR on a representative basis ceased for the one-week and two-month U.S. dollar LIBOR settings immediately after December 31, 2021, and is expected to cease for the remaining U.S. dollar LIBOR settings immediately after June 30, 2023. The elimination of the LIBOR may adversely affect the interest rates on, and value of, certain Fund investments for which the value is tied to LIBOR. Such investments may include bank loans, derivatives, floating rate securities, and other assets or liabilities tied to LIBOR. Actions by regulators have resulted in the establishment of alternative reference rates to LIBOR in most major currencies. The U.S. Federal Reserve, based on the recommendations of the New York Federal Reserve’s Alternative Reference Rate Committee (comprised of major derivative market participants and their regulators), has begun publishing a Secured Overnight Financing Rate (SOFR), which is intended to replace U.S. dollar LIBOR. Alternative reference rates for other currencies have also been announced or have already begun publication. Markets are slowly developing in response to these new rates. Questions around liquidity impacted by these rates, and how to appropriately adjust these rates at the time of transition, remain a concern for a Fund. The effect of any changes to, or discontinuation of, LIBOR on a Fund will vary depending on, among other things, (1) existing fallback or termination provisions in individual contracts and (2) whether, how, and when industry participants develop and adopt new reference rates and fallbacks for both legacy and new products and instruments.
Accordingly, it is difficult to predict the full impact of the transition away from LIBOR on a Fund until new reference rates and fallbacks for both legacy and new products, instruments and contracts are commercially accepted.
12. SUBSEQUENT EVENTS
Management has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the financial statements were issued. Based on this evaluation, no disclosure and/or adjustments were required to the financial statements as of March 31, 2023.
SEI Institutional International Trust
DISCLOSURE OF FUND EXPENSES (Unaudited)
March 31, 2023
All mutual funds have operating expenses. As a shareholder of a fund, your investment is affected by these ongoing costs, which include (among others) costs for portfolio management, administrative services, and shareholder reports like this one. It is important for you to understand the impact of these costs on your investment returns.
Operating expenses such as these are deducted from the fund’s gross income and directly reduce your final investment return. These expenses are expressed as a percentage of the fund’s average net assets; this percentage is known as the fund’s expense ratio.
The following examples use the expense ratio and are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period October 1, 2022 to March 31, 2023.
The table on this page illustrates your fund’s costs in two ways:
● Actual fund return. This section helps you to estimate the actual expenses after fee waivers that your Fund incurred over the period. The “Expenses Paid During Period” column shows the actual dollar expense cost incurred by a $1,000 investment in the Fund, and the “Ending Account Value” number is derived from deducting that expense cost from the Fund’s gross investment return.
You can use this information, together with the actual amount you invested in the Fund, to estimate the expenses you paid over that period. Simply divide your actual account value by $1,000 to arrive at a ratio (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply that ratio by the number shown for your Fund under “Expenses Paid During Period”.
● Hypothetical 5% return. This section helps you compare your Fund’s costs with those of other mutual funds. It assumes that the fund had an annual 5% return before expenses during the year, but that the expense ratio (Column 3) for the period is unchanged. This example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to make this 5% calculation. You can assess your Fund’s comparative cost by comparing the hypothetical result for your Fund in the “Expense Paid During Period” column with those that appear in the same charts in the shareholder reports for other funds.
NOTE: Because the return is set at 5% for comparison purposes — NOT your Fund’s actual return — the account values shown may not apply to your specific investment.
| |
|
Beginning
Account
Value
10/1/22 |
|
|
Ending
Account
Value
3/31/23 |
|
|
Annualized
Expense
Ratios |
|
|
Expenses
Paid
During
Period * |
|
International Equity Fund |
Actual Fund Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,288.70 |
|
|
|
1.11 |
% |
|
$ |
6.33 |
|
Class I |
|
|
1,000.00 |
|
|
|
1,288.00 |
|
|
|
1.36 |
|
|
|
7.76 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,290.90 |
|
|
|
0.86 |
|
|
|
4.91 |
|
Hypothetical 5% Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,019.40 |
|
|
|
1.11 |
% |
|
$ |
5.59 |
|
Class I |
|
|
1,000.00 |
|
|
|
1,018.15 |
|
|
|
1.36 |
|
|
|
6.84 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,020.64 |
|
|
|
0.86 |
|
|
|
4.33 |
|
Emerging Markets Equity Fund |
Actual Fund Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,157.70 |
|
|
|
1.75 |
% |
|
$ |
9.41 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,159.70 |
|
|
|
1.50 |
|
|
|
8.08 |
|
Hypothetical 5% Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,016.21 |
|
|
|
1.75 |
% |
|
$ |
8.80 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,017.45 |
|
|
|
1.50 |
|
|
|
7.54 |
|
| |
|
Beginning
Account
Value
10/1/22 |
|
|
Ending
Account
Value
3/31/23 |
|
|
Annualized
Expense
Ratios |
|
|
Expenses
Paid
During
Period * |
|
International Fixed Income Fund |
Actual Fund Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,032.40 |
|
|
|
1.02 |
% |
|
$ |
5.17 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,034.10 |
|
|
|
0.77 |
|
|
|
3.90 |
|
Hypothetical 5% Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,019.85 |
|
|
|
1.02 |
% |
|
$ |
5.14 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,021.09 |
|
|
|
0.77 |
|
|
|
3.88 |
|
Emerging Markets Debt Fund |
Actual Fund Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,128.40 |
|
|
|
1.36 |
% |
|
$ |
7.22 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,130.50 |
|
|
|
1.11 |
|
|
|
5.90 |
|
Hypothetical 5% Return |
Class F |
|
$ |
1,000.00 |
|
|
$ |
1,018.15 |
|
|
|
1.36 |
% |
|
$ |
6.84 |
|
Class Y |
|
|
1,000.00 |
|
|
|
1,019.40 |
|
|
|
1.11 |
|
|
|
5.59 |
|
|
|
* Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied by 182/365 (to reflect the one-half year period shown).
|
SEI Institutional International Trust
LIQUIDITY RISK MANAGEMENT PROGRAM (Unaudited)
March 31, 2023
Pursuant to Rule 22e-4 under the 1940 Act, the Trust, on behalf of the Funds, has adopted a liquidity risk management program (the “Program”) to govern the Trust’s approach to managing liquidity risk. The Program is overseen by the SIMC Liquidity Risk Oversight Committee, and the Program’s principal objectives include assessing, managing and periodically reviewing each Fund’s liquidity risk, based on factors specific to the circumstances of the Fund.
At a meeting of the Board held on March 20-22, 2023, the Trustees received a report from the SIMC Liquidity Risk Oversight Committee addressing the operations of the Program and assessing its adequacy and effectiveness of implementation. The SIMC Liquidity Risk Oversight Committee determined, and reported to the Board, that the Program remains reasonably designed to assess and manage each Fund’s liquidity risk and that the Program adequately and effectively managed each Fund’s liquidity risk during the 2022 calendar year. The SIMC Liquidity Risk Oversight Committee reported one liquidity event that occurred in January 2022 in connection with an extended market closure due to a Chinese holiday, which caused the SIT Emerging Markets Equity Fund to exceed temporarily the 15% limit on illiquid securities. The SIT Emerging Markets Equity Fund was under the 15% limitation on the sixth day, and there was no impact on the Fund’s ability to timely meet redemptions. There were no other reportable liquidity events during the period. The SIMC Liquidity Risk Oversight Committee noted that additional monitoring processes have been implemented.
There can be no assurance that the Program will achieve its objectives in the future. Please refer to the prospectus for more information regarding a Fund’s exposure to liquidity risk and other principal risks to which an investment in the Funds may be subject.
SEI Institutional International Trust
BOARD OF TRUSTEES’ CONSIDERATIONS IN APPROVING THE ADVISORY AND SUB-ADVISORY AGREEMENTS (Unaudited)
SEI Institutional International Trust (the “Trust”) and SEI Investments Management Corporation (“SIMC”) have entered into an investment advisory agreement (the “Advisory Agreement”), pursuant to which SIMC provides investment advisory services to the series of the Trust (the “Funds”). Pursuant to separate sub-advisory agreements with SIMC (the “Sub-Advisory Agreements” and, together with the Advisory Agreement, the “Investment Advisory Agreements”), and under the supervision of SIMC and the Trust’s Board of Trustees (each member, a “Trustee” and, collectively, the “Trustees” or the “Board”), the sub-advisers (each, a “Sub-Adviser” and collectively, the “Sub-Advisers”) provide security selection and certain other advisory services with respect to all or a discrete portion of the assets of the Funds. The Sub-Advisers are also responsible for managing their employees who provide services to the Funds. The Sub-Advisers are selected based primarily upon the research and recommendations of SIMC, which evaluates quantitatively and qualitatively the Sub-Advisers’ skills and investment results in managing assets for specific asset classes, investment styles and strategies.
The Investment Company Act of 1940, as amended (the “1940 Act”), requires that the initial approval of a Fund’s Investment Advisory Agreements be specifically approved by the vote of a majority of the outstanding shareholders of the Funds and the vote of a majority of the Trustees who are not parties to the Investment Advisory Agreements or “interested persons” of any party (the “Independent Trustees”) cast in person (or otherwise, as consistent with applicable laws, regulations and related guidance and relief) at a meeting called for such purpose. In addition, the 1940 Act requires that the continuation or renewal of any Investment Advisory Agreement be approved at least annually (after an initial period of up to two years), which also requires the vote of a majority of the Board, including a majority of the Independent Trustees. In the case of the initial approval of a Sub-Advisory Agreement, only the approval of a majority of the Board, including a majority of the Independent Trustees, is required, pursuant to an exemptive order that has been granted to the Trust by the Securities and Exchange Commission. In connection with their consideration of such initial approvals and renewals, the Funds’ Trustees must request and evaluate, and SIMC and the Sub-Advisers are required to furnish, such information as may be reasonably necessary to evaluate the terms of the Investment Advisory Agreements. In addition, the Securities and Exchange Commission takes the position that, as part of their fiduciary duties with respect to a mutual fund’s fees, mutual fund boards are required to evaluate the material factors applicable to a decision to approve or renew an Investment Advisory Agreement.
Consistent with these responsibilities, the Board calls and holds meetings each year to consider whether to approve new and/or renew existing Investment Advisory Agreements between the Trust and SIMC and SIMC and the Sub-Advisers with respect to the Funds of the Trust. In preparation for these meetings, the Board requests and reviews a wide variety of materials provided by SIMC and the Sub-Advisers, including information about SIMC’s and the Sub-Advisers’ affiliates, personnel and operations and the services provided pursuant to the Investment Advisory Agreements. The Board also receives data from third parties. This information is provided in addition to the detailed information about the Funds that the Board reviews during the course of each year, including information that relates to Fund operations and Fund performance. The Trustees also receive a memorandum from counsel regarding the responsibilities of Trustees in connection with their consideration of whether to approve or renew the Trust’s Investment Advisory Agreements. Finally, the Independent Trustees receive advice from independent counsel to the Independent Trustees, meet in executive sessions outside the presence of Fund management and participate in question and answer sessions with representatives of SIMC and the Sub-Advisers.
Specifically, during the first half of the Trust’s fiscal year, the Board requested and received written materials from SIMC and certain Sub-Advisers regarding: (i) the quality of SIMC’s and the Sub-Advisers’ investment management and other services; (ii) SIMC’s and the Sub-Advisers’ investment management personnel; (iii) SIMC’s and the Sub-Advisers’ operations and financial condition; (iv) SIMC’s and the Sub-Advisers’ brokerage practices (including any soft dollar arrangements) and investment strategies; (v) the level of the advisory fees that SIMC charges the Funds and the level of the sub-advisory fees that SIMC pays the Sub-Advisers, compared with fees each charge to comparable accounts; (vi) the advisory fees charged by SIMC and the Funds’ overall fees and operating expenses compared with peer groups of mutual funds prepared by Broadridge, an independent provider of investment company data that was engaged to prepare an assessment of the Funds in connection with the renewal of the Investment Advisory Agreements (the “Broadridge Report”); (vii) the level of SIMC’s and the Sub-Advisers’ profitability from their Fund-related operations; (viii) SIMC’s and the Sub-Advisers’ compliance program, including a description of material compliance matters and material compliance violations; (ix) SIMC’s potential economies of scale; (x) SIMC’s and the Sub-Advisers’ policies on and compliance procedures for personal securities transactions; (xi) SIMC’s and the Sub-Advisers’ expertise and resources in domestic and/or international financial markets; and (xii) the Funds’ performance
SEI Institutional International Trust
over various periods of time compared with peer groups of mutual funds prepared by Broadridge and the Funds’ benchmark indexes.
At the March 20-22, 2023 meeting of the Board, the Trustees, including a majority of the Independent Trustees, approved the renewal of the Advisory Agreement. Also, certain Sub-Advisory Agreements were either initially approved or, if the Sub-Advisory Agreement was already in effect (unless operating under an initial two-year term), renewed at a meeting of the Board held during the first half of the Trust’s fiscal year on December 5-7, 2022. In each case, the Board’s approval or renewal was based on its consideration and evaluation of the factors described above, as discussed at the meetings and at prior meetings. The following discusses some, but not all, of the factors that were considered by the Board in connection with its assessment of the Investment Advisory Agreements.
Nature, Extent and Quality of Services. The Board considered the nature, extent and quality of the services provided by SIMC and the Sub-Advisers to the Funds and the resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds. In this regard, the Trustees evaluated, among other things, SIMC’s and each Sub-Adviser’s personnel, experience, track record and compliance program. Following evaluation, the Board concluded that, within the context of its full deliberations, the nature, extent and quality of services provided by SIMC and the Sub-Advisers to the Funds and the resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds were sufficient to support the approval or renewal of the Investment Advisory Agreements. In addition to advisory services, the Board considered the nature and quality of certain administrative, transfer agency and other non-investment advisory services provided to the Funds by SIMC and/or its affiliates.
Performance. In determining whether to renew SIMC’s Advisory Agreement, the Trustees considered the Funds’ performance relative to their peer groups and appropriate indexes/benchmarks. The Trustees reviewed performance information for each Fund, noting that they receive performance reports that permit them to monitor each Fund’s performance at board meetings throughout the year. As part of this review, the Trustees considered the composition of each peer group and selection criteria. In assessing Fund performance, the Trustees considered the Broadridge Report. The Broadridge Report included metrics on risk analysis, volatility versus total return, net total return and performance consistency for the Funds and a universe of comparable funds. Based on the materials considered and discussed at the meetings, the Trustees found Fund performance satisfactory, or, where performance was materially below the benchmark and/or peer group, the Trustees were satisfied with the reasons provided to explain such performance. In connection with the approval or renewal of Sub-Advisory Agreements, the Board considered the performance of the Sub-Adviser relative to appropriate indexes/benchmarks. Following evaluation, the Board concluded that, within the context of its full deliberations, the performance of the Funds was sufficient to support the renewal of SIMC’s Advisory Agreement, and the performance of each Sub-Adviser was sufficient to support the approval or renewal of the Sub-Advisory Agreement.
Fees. With respect to the Funds’ expenses under the Investment Advisory Agreements, the Trustees considered the rate of compensation called for by the Investment Advisory Agreements and the Funds’ net operating expense ratios in comparison to those of the Funds’ respective peer groups. In assessing Fund expenses, the Trustees considered the information in the Broadridge Report, which included various metrics related to fund expenses, including, but not limited to, contractual management fees at various asset levels, actual management fees (including transfer agent expenses), and actual total expenses for the Funds and a universe of comparable funds. Based on the materials considered and discussion at the meetings, the Trustees further determined that fees were either shown to be below the peer average in the comparative fee analysis, or that there was a reasonable basis for the fee level. The Trustees also considered the effects of SIMC’s and its affiliates’ voluntary waivers of management and other fees to prevent total Fund operating expenses from exceeding any applicable cap, as well as SIMC’s contractual waiver of its management fee with respect to the Emerging Markets Equity Fund to prevent the management fee from exceeding a specified cap, and concluded that SIMC, through waivers, has maintained the Funds’ net operating expenses at competitive levels for its distribution channels. In determining the appropriateness of fees, the Board also took into consideration the impact of fees incurred indirectly by the Funds as a result of investments into underlying funds, including funds from which SIMC or its affiliates earn fees. The Board also took into consideration compensation earned from the Funds by SIMC or its affiliates for non-advisory services, such as administration, transfer agency, shareholder services or brokerage, and considered whether SIMC and its affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements. When considering fees paid to Sub-Advisers, the Board took into account the fact that the Sub-Advisers are compensated by SIMC and not by the Funds directly, and that such compensation with
SEI Institutional International Trust
BOARD OF TRUSTEES’ CONSIDERATIONS IN APPROVING THE ADVISORY AND SUB-ADVISORY AGREEMENTS (Unaudited) (Concluded)
respect to any unaffiliated Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. Following evaluation, the Board concluded that, within the context of its full deliberations, the expenses of the Funds are reasonable and supported the approval or renewal of the Investment Advisory Agreements. The Board also considered whether the Sub-Advisers and their affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements.
Profitability. With regard to profitability, the Trustees considered compensation flowing to SIMC and the Sub-Advisers and their affiliates, directly or indirectly. The Trustees considered whether the levels of compensation and profitability were reasonable. As with the fee levels, when considering the profitability of the Sub-Advisers, the Board took into account the fact that compensation with respect to any unaffiliated Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. In connection with the approval or renewal of each Sub-Advisory Agreement, the Board also took into consideration the impact that the fees paid to the Sub-Adviser have on SIMC’s advisory fee margin and profitability. Based on this evaluation, the Board concluded that, within the context of its full deliberations, the profitability of each of SIMC and the Sub-Advisers is reasonable and supported the approval or renewal of the Investment Advisory Agreements.
Economies of Scale. With respect to the Advisory Agreement, the Trustees considered whether any economies of scale were being realized by SIMC and its affiliates and, if so, whether the benefits of such economies of scale were passed along to the Funds’ shareholders through a graduated investment advisory fee schedule or other means, including any fee waivers by SIMC and its affiliates. The Trustees recognized that economies of scale are difficult to identify and quantify and are rarely identifiable on a fund-by-fund basis. Based on this evaluation, the Board determined that the fees were reasonable in light of the information that was provided by SIMC with respect to economies of scale.
Based on the Trustees’ deliberation and their evaluation of the information described above, the Board, including all of the Independent Trustees, with the assistance of Fund counsel and Independent Trustees’ counsel, unanimously approved the approval or renewal, as applicable of the Investment Advisory Agreements and concluded that the compensation under the Investment Advisory Agreements is fair and reasonable in light of such services and expenses and such other matters as the Trustees considered to be relevant in the exercise of their reasonable judgment. In the course of its deliberations, the Board did not identify any particular factor (or conclusion with respect thereto) or single piece of information that was all-important, controlling or determinative of its decision, but considered all of the factors together, and each Trustee may have attributed different weights to the various factors (and conclusions with respect thereto) and information.
SEI Institutional International Trust
(This page intentionally left blank)
(This page intentionally left blank)
SEI INSTITUTIONAL INTERNATIONAL TRUST / SEMI-ANNUAL REPORT / MARCH 31, 2023
Trustees
Robert A. Nesher, Chairman
William M. Doran
Nina Lesavoy
James M. Williams
Hubert L. Harris, Jr.
Susan C. Cote
James B. Taylor
Christine Reynolds
Thomas Melendez
Officers
Robert A. Nesher
President and Chief Executive Officer
Ankit Puri
Controller and Chief Financial Officer
Glenn R. Kurdziel
Assistant Controller
Stephen Panner
Chief Compliance Officer
Timothy D. Barto
Vice President and Secretary
David F. McCann
Vice President and Assistant Secretary
Katherine Mason
Vice President and Assistant Secretary
Stephen G. MacRae
Vice President
Donald Duncan
Anti-Money Laundering Compliance Officer
and Privacy Officer
Investment Adviser
SEI Investments Management Corporation
Administrator
SEI Investments Global Funds Services
Distributor
SEI Investments Distribution Co.
Legal Counsel
Morgan, Lewis & Bockius LLP
Independent Registered Public Accounting Firm
KPMG LLP
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Trust and must be preceded or accompanied by a current prospectus. Shares of the Funds are not deposits or obligations of, or guaranteed or endorsed by, any bank. The shares are not federally insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other government agency. Investment in the shares involves risk, including the possible loss of principal.
For more information call
1 800 DIAL SEI
(1 800 342 5734)
SEI-F-031 (3/23)
Item
2. Code of Ethics.
Not applicable for semi-annual report.
Item
3. Audit Committee Financial Expert.
Not applicable for semi-annual report.
Item 4. Principal Accountant Fees and Services.
Not applicable for semi-annual report.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Schedule of Investments.
The Schedules of Investments in securities of unaffiliated issuers as of
the close of the reporting period for the International Equity Fund, the Emerging Markets Equity Fund, the International Fixed Income
Fund and the Emerging Markets Debt Fund are included as part of the report to shareholders filed under Item 1 of this form.
Item
7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment
Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
There have been no material changes to the procedures by which shareholders
may recommend nominees to the Registrant’s Board of Trustees (the “Board”). The Registrant has a standing Governance
Committee (the “Committee”) currently consisting of the Independent Trustees. The Committee is responsible for evaluating
and recommending nominees for election to the Board. Pursuant to the Committee’s Charter, adopted on June 18th 2004, as amended,
the Committee will review all shareholder recommendations for nominations to fill vacancies on the Board if such recommendations are submitted
in writing and addressed to the Committee at the Registrant’s office.
Item 11. Controls and Procedures.
(a) The Registrant’s principal executive and principal financial
officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined
in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) are effective, based on the evaluation of these
controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act
of 1934 as of a date within 90 days of the filing date of this report.
(b) There were no changes in the Registrant’s internal control over
financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the period covered by this report that have
materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. Disclosure of Securities Lending Activities for Closed-End
Management Investment Companies.
Not applicable.
Item 13. Exhibits.
(a)(1) Not applicable for semi-annual report.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and
the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
| |
|
SEI Institutional International Trust |
|
| |
|
|
|
| By |
|
/s/ Robert A. Nesher |
|
| |
|
Robert A. Nesher |
|
| |
|
President & CEO |
|
| |
|
|
|
| Date: June 8, 2023 |
|
|
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and
the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the
capacities and on the dates indicated.
| By |
|
/s/ Robert A. Nesher |
|
| |
|
Robert A. Nesher |
|
| |
|
President & CEO |
|
| |
|
|
|
| Date: June 8, 2023 |
|
|
|
| |
|
|
|
| By |
|
/s/ Ankit Puri |
|
| |
|
Ankit Puri |
|
| |
|
Controller & CFO |
|
| |
|
|
|
| Date: June 8, 2023 |
|
|
|