Expense Ratio History

SEIPX expense ratio history

STET PENNSYLVANIA MUNICIPAL BOND FUND, STET PENNSYLVANIA MUNICIPAL BOND FUND - CLASS B

Fund company
SEI TAX Exempt
Type
Mutual fund

0.88%

In basis points
88 basis points
Yearly cost per $10,000
$88
Prospectus dated
31 December 2014, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.89% on 31 December 2013

Fee over time

SEIPX expense ratio: 0.89% until 31 Dec 2013, then 0.88%; read at 0.88% on 31 Dec 2014.0.00%0.50%1.00%1.50%Dec 2011Jul 2012Feb 2013Sep 2013Apr 2014Nov 20140.89% before0.88% from 31 Dec 2013
SEIPX expense ratio: 0.89% until 31 Dec 2013, then 0.88%; read at 0.88% on 31 Dec 2014.0.00%0.50%1.00%1.50%Dec 2011Jan 2013Feb 20140.89% before0.88% from 31 Dec 2013
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 3 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
SEIPX (this page) STET PENNSYLVANIA MUNICIPAL BOND FUND - CLASS B 0.88% — 31 Dec 2014
SEPAX STET PENNSYLVANIA MUNICIPAL BOND FUND - CLASS F, effective 1-31-2017 (formerly Class A) 0.84% — 31 Dec 2025
SPAYX STET PENNSYLVANIA MUNICIPAL BOND FUND - CLASS Y 0.59% — 31 Dec 2025

Every figure we've recorded

DateFeeWhat happened
31 Dec 2014 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-12-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Dec 2013 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-12-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Dec 2013 0.88% Cut from 0.89% to 0.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-01-17
31 Dec 2012 0.89% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-12-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Dec 2011 0.89% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-12-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.88% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,088 in fees over 10 years

After fees, $10,000 grows to $14,943.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$90
3 years$282
5 years$490
10 years$1,088

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 4 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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