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LEND

GradeCNASDAQ Global Select

SEI High Yield Bond & Alternative Credit ETF

High Yield Bond · SEI · Inception 1995-01-11

$24.49−0.15 (−0.61%)

As of Sep 23, 2026, 3:04 PM EDT

History starts May 18, 2026.History starts May 18, 2026.History starts May 18, 2026.
Intraday session: down, 54 prints from 24.64 to 24.49. Range 24.48 to 24.62. Use the arrow keys to read each point.$24.55$24.6010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$1.0B
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
1432
Volume · 30D
0.1M sh
NAV per share
$24.67
52W range
low $24.56high $25.29

The ETF.net LEND Grade

C

41/ 100

Rank 64 of 85 in US High Yield⁠

Confidence Medium

Six-pillar profile for LEND. Scores out of 100: Cost 16, Risk 43, Mission not scored, Tradability 68, Holdings 55, Durability 74. Strongest: Durability (74). Weakest: Cost (16). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 16
    Category rank71/85 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank69/85 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 68
    Category rank21/85 · top 25%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 55
    Category rank47/85 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 74
    Category rank19/85 · top 22%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

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 Sep 20, 2026, 8:16 AM
Asset class
Bonds
Holdings
1,432
Top-10 weight
11%
Largest holding
SEI DAILY INCOME TRUST6.3%

Sectors

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

Geography

  • United States89.26%
  • Canada2.74%
  • United Kingdom1.70%
  • Japan0.95%
  • Luxembourg0.83%
  • France0.79%
  • Australia0.72%
  • Netherlands0.58%
  • Other countries (14)2.43%
The fund’s holdings, weight-ordered — page 1 of 93.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SEI DAILY INCOME TRUST6.26%63,025,105$63M1
002—Cash0.82%8,227,026$8M104
003—BHCCN 10 04/15/320.58%5,642,000$6M55
004—BENEFIT STREET CLO V-B0.55%6,895,137$5M1
005—CHTR 5 1/2 04/01/630.50%6,936,000$5M36
006—CRNRCH 10 05/07/290.47%4,699,799$5M2
007—AKUCN 9 3/4 08/31/310.45%4,800,000$5M1
008—VOYA CLO 2024-60.42%5,733,000$4M1
009—MERIDI 6 1/4 04/30/310.41%4,434,000$4M68
010—NRG 6 1/4 11/01/340.41%4,284,000$4M31
011—TCP WHITNEY CLO0.41%9,084,681$4M1
012—RITM 8 07/15/300.41%4,120,000$4M33
013—VOYA CLO 2025-4A0.39%4,803,210$4M1
014—TIBX 8 1/4 06/30/320.38%3,900,000$4M47
015—SYNIVERSE PDF EQ0.37%4,381,552$4M1

Showing 1–15 of 1388 holdings

LEND Performance

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

LEND$9,998
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. LEND $9,998. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 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−0.4%
3 months−0.0%
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per 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+0.3%

History from May 18, 2026

LEND in the news

ETF.net Research hasn’t filed on LEND yet — coverage lands here as it’s written.

LEND Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.12 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. 3 payments in 2026 YTD. Jul 6, 2026 $0.25; Aug 5, 2026 $0.14; Sep 3, 2026 $0.12. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
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%

69 of the 84 US High Yield funds charge less.

LEND costs $65.00 a year on $10,000. The median US High Yield fund costs $43.50.