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Launched

SEI High Yield Bond & Alternative Credit ETF

LENDNasdaqSEID

$23.99−0.10 (−0.41%)

As of Nov 10, 2026, 11:24 AM ET

D34/ 100

Rank 70 of 85 in US High Yield

D34/100Rank 70 of 85inUS High Yield
Intraday session: down, 24 prints from 24.09 to 23.99. Range 23.98 to 24.03. Use the arrow keys to read each point.24.0224.0424.0610 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$976M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
1412
Avg volume · 30D
78K sh
52W range
low $23.95high $25.29
Launched

The ETF.net LEND Grade

Based on 5 of 6 pillars

D

Score 34 out of 100

Category
US High Yield⁠
Rank
70 of 85
Six-pillar profile for LEND. Scores out of 100: Cost 14, Risk 26, Mission not scored, Tradability 58, Holdings 56, Durability 73. Strongest: Durability (73). Weakest: Cost (14). Based on 5 of 6 pillars.

Score 34 of 100 falls in the D 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.
    F14 out of 100
    Rank 73 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.
    D26 out of 100
    Rank 77 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 26 of 85

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B56 out of 100
    Rank 46 of 85

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A73 out of 100
    Rank 19 of 85

Our read on LEND

ETF.net Research

In short

DA 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

  • Two 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
  • Not 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
  • Wide net, multi-billion-dollar asset base: roughly 1,400 positions across below-investment-grade credit, with cash paid out quarterly.

Worth knowing

  • Active 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.
  • The 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
  • No 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

Holdings pillarB56 out of 100Rank 46 of 85 in US High Yield
Asset class
Bonds
Holdings
1,412
Top-10 weight
11%
Largest holding
Sei Daily Income Trust5.4%

Sectors

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

Geography

  • United States81.50%
  • Cayman Islands9.35%
  • Canada2.36%
  • United Kingdom1.35%
  • Japan1.20%
  • Luxembourg0.83%
  • Australia0.65%
  • France0.58%
  • Other countries (14)2.19%
The fund’s holdings, weight-ordered — page 1 of 95.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataSei Daily Income Trust5.36%52,330,271$52.3M1
2No dataCash1.56%15,246,823$15.2M91
3No dataSkyd 9 1/8 10/15/360.77%7,757,000$7.56M37
4No dataBhccn 10 04/15/320.71%6,619,000$6.93M61
5No dataBenefit Street Clo V-B0.49%6,895,137$4.83M1
6No dataChtr 5 1/2 04/01/630.49%6,936,000$4.8M36
7No dataCrnrch 10 05/07/290.48%4,699,799$4.7M2
8No dataVoya Clo 2024-60.42%5,733,000$4.14M1
9No dataTcp Whitney Clo0.42%9,084,681$4.07M1
10No dataMeridi 6 1/4 04/30/310.41%4,434,000$4.01M70
11No dataRitm 8 07/15/300.41%4,040,000$3.99M36
12No dataRadpar 8 1/2 07/15/320.39%3,905,000$3.84M32
13No dataTibx 8 1/4 06/30/320.39%3,900,000$3.8M49
14No dataVoya Clo 2025-4A0.39%4,803,210$3.79M1
15No dataSyniverse 10/26 Flso TL,0,05/14/300.39%4,567,160$3.76M1

Showing 1–15 of 1412 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$9,837
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. LEND $9,837. SPY $9,758. Use the arrow keys to read each point.$9,600$9,800$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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 unavailableNo data
1 month+0.3%
3 months−1.6%
1 yearHistory unavailableNo data
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper yearNo data

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−0.8%

History from May 18, 2026

LEND in the news

LEND Dividends

Last payment
$0.15 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. 5 payments in 2026 YTD. Jul 6, 2026 $0.25; Aug 5, 2026 $0.14; Sep 3, 2026 $0.12; Oct 5, 2026 $0.13; Nov 4, 2026 $0.15. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 4, 2026Nov 5, 2026$0.15
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

Risk pillarD26 out of 100Rank 77 of 85 in US High Yield
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.

FMP measures it over up to five years of monthly returns.

LEND Cost

Compare LEND and SCYB

Overpaying vs SCYB, cheapest in US High Yield

$12,079

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • LEND 0.65%

    $12,717

  • SCYB 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • LEND 0.65%
  • SCYB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530LEND $12,717SCYB $638

Year by year

YearLENDSCYBOverpaying
10$1,163$55$1,108
20$4,440$216$4,224
30$12,717$638$12,079

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