SCHEDULE OF INVESTMENTS (Unaudited)
November 30, 2024
SEI Alternative Income Fund
Description | Face Amount | Market Value | ||||||
ASSET-BACKED SECURITIES — 90.4% | ||||||||
Other Asset-Backed Securities — 90.4% | ||||||||
Apex Credit CLO, Ser 2019-1A, Cl D1RR | ||||||||
8.988%, TSFR3M + 3.850%, 07/18/2037(A)(B) | $ | 1,000 | $ | 1,011 | ||||
Apex Credit CLO, Ser 2020-1A, Cl CRR | ||||||||
7.267%, TSFR3M + 2.650%, 04/20/2035(A)(B) | 1,000 | 1,000 | ||||||
Apex Credit CLO, Ser 2024-2A, Cl D1 | ||||||||
8.919%, TSFR3M + 3.750%, 07/25/2037(A)(B) | 750 | 758 | ||||||
Apidos CLO XXXVIII, Ser 2021-38A, Cl E2 | ||||||||
12.629%, TSFR3M + 8.012%, 01/21/2034(A)(B) | 1,100 | 1,113 | ||||||
Ares XXXIX CLO, Ser 2016-39A, Cl ER3 | ||||||||
11.382%, TSFR3M + 6.750%, 07/18/2037(A)(B) | 750 | 757 | ||||||
Atlas Senior Loan Fund XX, Ser 2024-20A, Cl D1R | ||||||||
8.467%, TSFR3M + 3.850%, 10/19/2037(A)(B) | 1,300 | 1,310 | ||||||
Atlas Senior Loan Fund XXIII, Ser 2024-23A, Cl C | ||||||||
7.737%, TSFR3M + 2.400%, 07/20/2037(A)(B) | 1,000 | 1,003 | ||||||
Battery Park CLO, Ser 2019-1A, Cl DR | ||||||||
8.406%, TSFR3M + 3.750%, 07/15/2036(A)(B) | 500 | 500 | ||||||
Battery Park CLO, Ser 2019-1A, Cl E | ||||||||
11.906%, TSFR3M + 7.250%, 07/15/2036(A)(B) | 350 | 352 | ||||||
Benefit Street Partners CLO XV, Ser 2018-15A, Cl SUB | ||||||||
0.000%, 07/18/2031(A)(B)(C)(D) | 2,800 | 1,064 | ||||||
Galaxy XV CLO, Ser 2013-15A, Cl DR | ||||||||
7.918%, TSFR3M + 3.262%, 10/15/2030(A)(B) | 1,040 | 1,040 | ||||||
Gallatin CLO XI, Ser 2024-1A, Cl D1 | ||||||||
8.583%, TSFR3M + 4.000%, 10/20/2037(A)(B) | 1,250 | 1,256 | ||||||
Jefferies Credit Partners Direct Lending CLO, Ser 2024-1A, Cl E | ||||||||
13.423%, TSFR3M + 8.250%, 07/25/2036(A)(B) | 250 | 249 | ||||||
Jefferies Credit Partners Direct Lending CLO, Ser 2024-1A, Cl SUB | ||||||||
0.000%, 07/25/2036*(A)(B)(C)(D) | 400 | 366 | ||||||
LCM 31, Ser 2024-31A, Cl ER | ||||||||
11.867%, TSFR3M + 7.250%, 07/20/2034(A)(B) | 500 | 481 | ||||||
LCM 39, Ser 2024-39A, Cl ER | ||||||||
11.656%, TSFR3M + 7.000%, 10/15/2034(A)(B) | 1,000 | 1,000 | ||||||
Description | Face Amount | Market Value | ||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
MidOcean Credit CLO XVI, Ser 2024-16A, Cl SUB | ||||||||
0.000%, 10/20/2037(A)(B)(C)(D) | $ | 1,000 | $ | 800 | ||||
Mountain View CLO XV, Ser 2019-2A, Cl CR | ||||||||
7.556%, TSFR3M + 2.900%, 07/15/2037(A)(B) | 1,250 | 1,273 | ||||||
Mountain View CLO XVIII, Ser 2024-1A, Cl D1 | ||||||||
8.187%, TSFR3M + 3.650%, 10/16/2037(A)(B) | 1,200 | 1,217 | ||||||
Mountain View CLO XVIII, Ser 2024-1A, Cl E | ||||||||
12.127%, TSFR3M + 7.590%, 10/16/2037(A)(B) | 788 | 795 | ||||||
NewStar Fairfield Fund CLO, Ser 2015-2A, Cl B1N | ||||||||
7.129%, TSFR3M + 2.512%, 04/20/2030(A)(B) | 2,000 | 1,993 | ||||||
NGC, Ser 2024-1A, Cl D1 | ||||||||
9.497%, TSFR3M + 4.200%, 07/20/2037(A)(B) | 500 | 507 | ||||||
Ocean Trails CLO 8, Ser 2020-8A, Cl ERR | ||||||||
12.156%, TSFR3M + 7.500%, 07/15/2034(A)(B) | 1,000 | 980 | ||||||
Ocean Trails CLO IX, Ser 2020-9A, Cl DR | ||||||||
8.668%, TSFR3M + 4.012%, 10/15/2034(A)(B) | 1,250 | 1,253 | ||||||
OCP CLO, Ser 2024-38A, Cl SUB | ||||||||
0.000%, 01/21/2038(A)(B)(D) | 1,000 | 855 | ||||||
ONEX Warehouse Note CLO, Ser 2024-C | ||||||||
0.000%, (C)(D) (E) | 855 | 855 | ||||||
Owl Rock Technology Financing, Ser 2020-1A, Cl A1R | ||||||||
7.706%, TSFR3M + 3.050%, 10/15/2035(A)(B) | 1,250 | 1,263 | ||||||
Saranac CLO I, Ser 2013-1A, Cl DR | ||||||||
9.029%, TSFR3M + 4.412%, 07/26/2029(A)(B) | 1,000 | 998 | ||||||
THL Credit Lake Shore MM CLO I, Ser 2019-1A, Cl A1R | ||||||||
6.618%, TSFR3M + 1.962%, 04/15/2033(A)(B) | 1,234 | 1,238 | ||||||
Voya CLO, Ser 2015-3A, Cl DR | ||||||||
11.079%, TSFR3M + 6.462%, 10/20/2031(A)(B) | 500 | 474 | ||||||
Voya CLO, Ser 2016-2A, Cl DR | ||||||||
11.989%, TSFR3M + 7.372%, 07/19/2028(A)(B) | 500 | 498 | ||||||
Voya CLO, Ser 2017-1A, Cl D | ||||||||
11.009%, TSFR3M + 6.362%, 04/17/2030(A)(B) | 750 | 738 | ||||||
SEI Alternative Income Fund
1
SCHEDULE OF INVESTMENTS (Unaudited)
November 30, 2024
SEI Alternative Income Fund (Concluded)
Description | Face Amount | Market Value | ||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
Wind River CLO, Ser 2021-3A, Cl D | ||||||||
8.229%, TSFR3M + 3.612%, 07/20/2033(A)(B) | $ | 1,000 | $ | 994 | ||||
Total Asset-Backed Securities | ||||||||
(Cost $29,388) ($ Thousands) | 29,991 | |||||||
Total Investments in Securities — 90.4% | ||||||||
(Cost $29,388) ($ Thousands) | $ | 29,991 | ||||||
| Percentages are based on Net Assets of $33,163 ($ Thousands). |
* | Non-income producing security. |
(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 November 30, 2024, the value of these securities amounted to $29,136 ($ Thousands), representing 87.9% 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) | Level 3 security in accordance with fair value hierarchy. |
(D) | No interest rate available. |
(E) | No maturity date available. |
Cl — Class |
CLO — Collateralized Loan Obligation |
Ser — Series |
TSFR3M — Term Secured Overnight Financing Rate 3 Months |
2
SEI Alternative Income Fund
