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Launched

SEI High Yield Bond & Alternative Credit ETF

LENDNasdaqC

$24.10−0.07 (−0.27%)

At close: Oct 13, 2026, 4:00 PM

C40/ 100

Rank 66 of 85 in US High Yield

C40/100Rank 66 of 85inUS High Yield
Intraday session: down, 63 prints from 24.17 to 24.10. Range 24.07 to 24.15. Use the arrow keys to read each point.24.0824.1224.1410 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$984M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
1397
Avg volume · 30D
0.1M sh
NAV per share
$24.12
52W range
low $24.10high $25.29
Launched

The ETF.net LEND Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
US High Yield⁠
Rank
66 of 85
Six-pillar profile for LEND. Scores out of 100: Cost 16, Risk 40, Mission not scored, Tradability 67, Holdings 56, Durability 74. Strongest: Durability (74). Weakest: Cost (16). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F16 out of 100
    Rank 71 of 85

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 72 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 21 of 85

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B56 out of 100
    Rank 45 of 85

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A74 out of 100
    Rank 19 of 85

Our read on LEND

ETF.net Research

CA 1995 high yield mutual fund that changed clothes. SEI reorganized its three-decade-old SIMT High Yield Bond Fund into its first fixed income ETF, pairing outside bond managers with an in-house CLO sleeve.

Stated mandate

The Fund seeks total return and normally invests at least 80% of its net assets, plus investment borrowings, in high-yield fixed-income and, to a lesser extent, alternative-credit securities.

Why people hold it

  1. 01Two engines, not one: outside sub-advisers run the high yield bond book while SEI manages the CLO allocation in-house. Most of this cohort simply tracks an index.seic.com
  2. 02Not a startup strategy. It ran as the SIMT High Yield Bond Fund from 1995, and the ETF reorganization kept the same objective, strategy and management approach.seic.com
  3. 03Wide net, multi-billion-dollar asset base: roughly 1,400 positions across below-investment-grade credit, with cash paid out quarterly.

Worth knowing

  1. 01Active hands cost more: 0.65% a year versus a 0.40% median for high yield bond funds, and index peers like SCYB and SPHY charge a small fraction of that.
  2. 02The alternative credit sleeve means CLOs: loan pools sliced into tranches that carry different levels of risk. Different plumbing from a plain high yield bond index.seic.com
  3. 03No declared index to measure it against, so outcomes hinge on manager and sleeve selection. Its life as an exchange-traded fund is also still short.

LEND Holdings

As of Oct 13, 2026
Asset class
Bonds
Holdings
1,397
Top-10 weight
10%
Largest holding
Sei Daily Income Trust5.1%

Sectors

  • Energy57.9%
  • Real Estate13.6%
  • Communication12.8%
  • Industrials10.9%
  • Technology3.6%
  • Health Care1.3%

Geography

  • United States88.71%
  • Canada2.77%
  • United Kingdom1.65%
  • Japan1.37%
  • Luxembourg0.86%
  • France0.76%
  • Australia0.69%
  • Netherlands0.65%
  • Other countries (14)2.53%
The fund’s holdings, weight-ordered — page 1 of 94.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Sei Daily Income Trust5.11%50,229,062$50M1
002—Cash1.41%13,916,880$14M112
003—Bhccn 10 04/15/320.59%5,642,000$6M57
004—Benefit Street Clo V-B0.56%6,895,137$5M1
005—Chtr 5 1/2 04/01/630.48%6,936,000$5M32
006—Crnrch 10 05/07/290.48%4,699,799$5M2
007—Akucn 9 3/4 08/31/310.45%4,800,000$4M1
008—Voya Clo 2024-60.43%5,733,000$4M1
009—Nrg 6 1/4 11/01/340.42%4,284,000$4M32
010—Meridi 6 1/4 04/30/310.42%4,434,000$4M67
011—Skyd 9 1/8 10/15/360.42%4,381,000$4M32
012—Tcp Whitney Clo0.41%9,084,681$4M1
013—Ritm 8 07/15/300.40%4,120,000$4M35
014—Voya Clo 2025-4A0.40%4,803,210$4M1
015—Syniverse Pdf Eq0.38%4,381,552$4M1

Showing 1–15 of 1397 holdings

LEND Performance

Launched Jan 11, 1995

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
LEND$9,835
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. LEND $9,835. SPY $10,332. Use the arrow keys to read each point.$9,608$10,004$10,400Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for LEND. Periods over one year show the average yearly return.
PeriodLEND
Year to dateHistory unavailable—
1 month−1.5%
3 months−1.7%
1 yearHistory unavailable—
3 yearsHistory unavailableper year—
5 yearsHistory unavailableper year—
10 yearsHistory unavailableper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for LEND
YearReturn barLEND
2026 YTD−1.1%

History from May 18, 2026

LEND in the news

Filtered to LEND · US High Yield

LEND Dividends

Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 4 payments in 2026 YTD. Jul 6, 2026 $0.25; Aug 5, 2026 $0.14; Sep 3, 2026 $0.12; Oct 5, 2026 $0.13. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 5, 2026Oct 6, 2026$0.13
Sep 3, 2026Sep 4, 2026$0.12
Aug 5, 2026Aug 6, 2026$0.14
Jul 6, 2026Jul 7, 2026$0.25

LEND Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
No data available
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.52
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

LEND Cost

Expense ratio0.65%
  • The middle half of US High Yield funds
  • Median 0.43%

70 of the 85 US High Yield funds charge less.

LEND costs $65.00 a year on $10,000. The median US High Yield fund costs $43.00.

Other funds in US High Yield

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