# EDGAR Filing Document

**Accession Number:** 0001003632
**File Stem:** 0001752724-25-210850
**Filing Date:** 2025-8
**Character Count:** 65819
**Document Hash:** da32c951baa7c8a30eb9422a05810d42
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210850.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210850

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEI ASSET ALLOCATION TRUST
- **CENTRAL INDEX KEY:** 0001003632

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07445
- **FILM NUMBER:** 251269612

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 610 676-3097

**MAIL ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### SAAT MARKET GROWTH STRATEGY ALLOCATION FUND (Series ID: S000005817)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000015962 | SAAT MARKET GROWTH STRATEGY ALLOCATION FUND - CLASS F | SGOAX           |

## Nport-Ex

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Defensive Strategy Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Fixed Income Funds — 56.8%** | **Fixed Income Funds — 56.8%** |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Short-Duration Government Fund, Cl Y <sup><sup>‡</sup></sup> | 245618 | $2503 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Conservative Income Fund, Cl Y <sup><sup>‡</sup></sup> | 128315 | 1284 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 67021 | 643 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Return Fund, Cl Y  | 43091 | 427 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $4,726) ($ Thousands) |  | 4857 |
| **Multi-Asset Funds — 28.9%** | **Multi-Asset Funds — 28.9%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y <sup><sup>‡</sup></sup> | 172603 | 1729 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 31570 | 321 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 53231 | 426 |
| Total Multi-Asset Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $2,417) ($ Thousands) |  | 2476 |
| **Equity Funds — 9.3%** | **Equity Funds — 9.3%** |  |
| &nbsp;&nbsp;&nbsp;SEI Enhanced Low Volatility U.S. Large Cap ETF  | 83 | 2 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 55604 | 623 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 16929 | 171 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $700) ($ Thousands) |  | 796 |
| **Money Market Fund — 5.0%** | **Money Market Fund — 5.0%** |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 4.230%\*\* | 428076 | 428 |
| Total Money Market Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $428) ($ Thousands) |  | 428 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $8,271) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $8,271) ($ Thousands)  | $8557 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $8,558 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of June 30, 2025. |
| <sup>‡</sup> | Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities and Exchange Commission's website at http://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

ETF — Exchange Traded Fund

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Defensive Strategy Fund** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust Short-Duration Government Fund, Cl Y  | $2620 | $46 | $(170) | $— | $7 | $2503 | $21 | $— |
| SEI Institutional Managed Trust Conservative Income Fund, Cl Y  | 1342 | 25 | (83) |  |  | 1284 | 14 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 671 | 22 | (52) |  | 2 | 643 | 6 |  |
| SEI Institutional Managed Trust Real Return Fund, Cl Y  | 447 | 7 | (26) |  | (1) | 427 | 4 |  |
| SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y  | 1803 | 17 | (127) | (1) | 37 | 1729 |  |  |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 334 | 10 | (28) |  | 5 | 321 | 4 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 449 | 10 | (25) |  | (8) | 426 |  |  |
| SEI Enhanced Low Volatility U.S. Large Cap ETF  | 3 |  | (1) |  |  | 2 |  |  |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 649 | 15 | (73) | 6 | 26 | 623 |  |  |
| SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 176 | 7 | (18) |  | 6 | 171 |  |  |
| SEI Daily Income Trust Government Fund, <br> Institutional Class | 447 | 8 | (27) |  |  | 428 | 5 |  |
| Totals  | $8941 | $167 | $(630) | $5 | $74 | $8557 | $54 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Defensive Strategy Allocation Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Money Market Fund — 80.6%** | **Money Market Fund — 80.6%** |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 4.230%\*\*<sup><sup>‡</sup></sup> | 1341752 | $1342 |
| Total Money Market Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,342) ($ Thousands) |  | 1342 |
| **Fixed Income Fund — 19.4%** | **Fixed Income Fund — 19.4%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y <sup><sup>‡</sup></sup> | 60083 | 322 |
| Total Fixed Income Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $321) ($ Thousands) |  | 322 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,663) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $1,663) ($ Thousands)  | $1664 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $1,664 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of June 30, 2025. |
| <sup>‡</sup> | Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities and Exchange Commission's website at http://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust Government Fund, <br> Institutional Class | $1336 | $37 | $(31) | $— | $— | $1342 | $14 | $— |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 317 | 11 | (9) | (1) | 4 | 322 | 5 |  |
| Totals  | $1653 | $48 | $(40) | $(1) | $4 | $1664 | $19 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Conservative Strategy Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Fixed Income Funds — 49.8%** | **Fixed Income Funds — 49.8%** |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Short-Duration Government Fund, Cl Y <sup><sup>‡</sup></sup> | 407439 | $4152 |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y  | 124203 | 1162 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 64731 | 585 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Conservative Income Fund, Cl Y  | 290064 | 2903 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y <sup><sup>‡</sup></sup> | 451289 | 4328 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 109449 | 587 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Return Fund, Cl Y  | 117462 | 1163 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $14,901) ($ Thousands) |  | 14880 |
| **Multi-Asset Funds — 28.0%** | **Multi-Asset Funds — 28.0%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y  | 78197 | 584 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y <sup><sup>‡</sup></sup> | 501785 | 5028 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 129274 | 1313 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 178985 | 1432 |
| Total Multi-Asset Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $8,209) ($ Thousands) |  | 8357 |
| **Equity Funds — 22.2%** | **Equity Funds — 22.2%** |  |
| &nbsp;&nbsp;&nbsp;SEI Enhanced Low Volatility U.S. Large Cap ETF  | 39990 | 1253 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 245862 | 2754 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 86743 | 877 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y  | 51472 | 760 |
| &nbsp;&nbsp;&nbsp;SEI Select International Equity ETF  | 33250 | 980 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,669) ($ Thousands) |  | 6624 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $28,779) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $28,779) ($ Thousands)  | $29861 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $29,859 ($ Thousands). |
| <sup>‡</sup> | Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities and Exchange Commission's website at http://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

ETF — Exchange Traded Fund

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Conservative Strategy Fund** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust Short-Duration Government Fund, Cl Y  | $4326 | $37 | $(223) | $(7) | $19 | $4152 | $34 | $— |
| SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y  | 1213 | 13 | (65) |  | 1 | 1162 | 12 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 597 | 11 | (48) | 1 | 24 | 585 | 11 |  |
| SEI Institutional Managed Trust Conservative Income Fund, Cl Y  | 3031 | 32 | (160) |  |  | 2903 | 30 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 4471 | 78 | (233) | (38) | 50 | 4328 | 41 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 602 | 12 | (33) | (2) | 8 | 587 | 10 |  |
| SEI Institutional Managed Trust Real Return Fund, Cl Y  | 1211 | 15 | (61) | (1) | (1) | 1163 | 11 |  |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y  | 602 |  | (29) | (4) | 15 | 584 |  |  |
| SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y  | 5207 | 1 | (280) | (7) | 107 | 5028 |  |  |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 1361 | 17 | (84) |  | 19 | 1313 | 16 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 1520 | 1 | (61) | (1) | (27) | 1432 |  |  |
| SEI Enhanced Low Volatility U.S. Large Cap ETF  | 1224 |  |  |  | 29 | 1253 | 6 |  |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 2847 | 23 | (249) | 18 | 115 | 2754 |  |  |
| SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 885 | 9 | (46) | (2) | 31 | 877 |  |  |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y  | 786 | 8 | (51) | 1 | 16 | 760 | 4 |  |
| SEI Select International Equity ETF  | 873 |  |  |  | 107 | 980 | 5 |  |
| Totals  | $30756 | $257 | $(1623) | $(42) | $513 | $29861 | $180 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Conservative Strategy Allocation Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Equity Funds — 46.9%** | **Equity Funds — 46.9%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Estate Fund, Cl Y <sup><sup>‡</sup></sup> | 143897 | $2322 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y<sup><sup>‡</sup></sup> | 320019 | 4727 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $4,903) ($ Thousands) |  | 7049 |
| **Fixed Income Fund — 33.2%** | **Fixed Income Fund — 33.2%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y <sup><sup>‡</sup></sup> | 929926 | 4984 |
| Total Fixed Income Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,096) ($ Thousands) |  | 4984 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Money Market Fund — 19.9%** | **Money Market Fund — 19.9%** |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 4.230%\*\*<sup><sup>‡</sup></sup> | 2994614 | $2995 |
| Total Money Market Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $2,995) ($ Thousands) |  | 2995 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $12,994) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $12,994) ($ Thousands)  | $15028 |

---

Percentages are based on Net Assets of $15,028 ($ Thousands).

<sup>‡</sup> Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities Exchange Commission's website at https://www.sec.gov or call 1-800-DIAL-SEI.

\*\* The rate reported is the 7-day effective yield as of June 30, 2025.

Cl — Class <br>

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Institutional Managed Trust Real Estate Fund, Cl Y  | $2444 | $86 | $(205) | $17 | $(20) | $2322 | $16 | $— |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y  | 4920 | 167 | (512) | 6 | 146 | 4727 | 24 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 5161 | 146 | (356) | (67) | 100 | 4984 | 89 |  |
| SEI Daily Income Trust Government Fund, <br> Institutional Class | 3157 | 124 | (286) |  |  | 2995 | 31 |  |
| Totals  | $15682 | $523 | $(1359) | $(44) | $226 | $15028 | $160 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Moderate Strategy Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.9%** | **AFFILIATED INVESTMENT FUNDS — 99.9%** | **AFFILIATED INVESTMENT FUNDS — 99.9%** |
| **Equity Funds — 36.5%** | **Equity Funds — 36.5%** |  |
| &nbsp;&nbsp;&nbsp;SEI Enhanced Low Volatility U.S. Large Cap ETF  | 113840 | $3566 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Momentum Factor ETF  | 379 | 16 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Quality Factor ETF  | 221 | 8 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Value Factor ETF  | 309 | 11 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 83653 | 1497 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y <sup><sup>‡</sup></sup> | 833391 | 9334 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 369610 | 3737 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y  | 177197 | 2617 |
| &nbsp;&nbsp;&nbsp;SEI Select Emerging Markets Equity ETF  | 103960 | 2860 |
| &nbsp;&nbsp;&nbsp;SEI Select International Equity ETF  | 158050 | 4659 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $24,815) ($ Thousands) |  | 28305 |
| **Fixed Income Funds — 36.2%** | **Fixed Income Funds — 36.2%** |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Short-Duration Government Fund, Cl Y  | 513039 | 5228 |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y  | 238636 | 2234 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 207581 | 1876 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y <sup><sup>‡</sup></sup> | 1529106 | 14664 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 350556 | 1879 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Return Fund, Cl Y  | 226338 | 2241 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $29,119) ($ Thousands) |  | 28122 |
| **Multi-Asset Funds — 27.2%** | **Multi-Asset Funds — 27.2%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y  | 951480 | 7108 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y  | 745092 | 7466 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 276037 | 2804 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 461607 | $3693 |
| Total Multi-Asset Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $21,332) ($ Thousands) |  | 21071 |
| Total Investments in Securities — 99.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $75,266) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $75,266) ($ Thousands)  | $77498 |

---

Percentages are based on Net Assets of $77,571 ($ Thousands).

<sup>‡</sup> Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities Exchange Commission's website at https://www.sec.gov or call 1-800-DIAL-SEI.

Cl — Class

ETF — Exchange Traded Fund

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Moderate Strategy Fund** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Enhanced Low Volatility U.S. Large Cap ETF  | $3484 | $— | $(28) | $— | $110 | $3566 | $17 | $— |
| SEI Enhanced US Large Cap Momentum Factor ETF  | 14 |  |  |  | 2 | 16 |  |  |
| SEI Enhanced US Large Cap Quality Factor ETF  | 8 |  | (1) |  | 1 | 8 |  |  |
| SEI Enhanced US Large Cap Value Factor ETF  | 10 |  |  |  | 1 | 11 |  |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 1522 | 90 | (282) | (2) | 169 | 1497 |  |  |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 9670 | 89 | (913) | 61 | 427 | 9334 |  |  |
| SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 3817 | 58 | (254) | (11) | 127 | 3737 |  |  |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y  | 2727 | 77 | (310) | (4) | 127 | 2617 | 13 |  |
| SEI Select Emerging Markets Equity ETF  | 2575 | 196 |  |  | 89 | 2860 | 15 |  |
| SEI Select International Equity ETF  | 4149 | 232 |  |  | 278 | 4659 | 24 |  |
| SEI Daily Income Trust Short-Duration Government Fund, Cl Y  | 5420 | 121 | (333) | (11) | 31 | 5228 | 42 |  |
| SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y  | 2322 | 59 | (149) |  | 2 | 2234 | 22 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 1920 | 40 | (165) | (5) | 86 | 1876 | 35 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 15100 | 358 | (855) | (172) | 233 | 14664 | 138 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 1926 | 57 | (117) | (14) | 27 | 1879 | 33 |  |
| SEI Institutional Managed Trust Real Return Fund, Cl Y  | 2317 | 58 | (136) | (2) | 4 | 2241 | 22 |  |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y  | 7321 | 70 | (148) | (135) |  | 7108 |  |  |
| SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y  | 7703 | 77 | (600) | (12) | 298 | 7466 |  |  |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 2900 | 73 | (310) | (12) | 153 | 2804 | 36 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 3871 | 54 | (273) | (3) | 44 | 3693 |  |  |
| Totals  | $78776 | $1709 | $(4874) | $(322) | $2209 | $77498 | $397 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Moderate Strategy Allocation Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Equity Funds — 67.7%** | **Equity Funds — 67.7%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y  | 168303 | $2284 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Estate Fund, Cl Y  | 137654 | 2222 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y<sup>‡</sup> | 116380 | 4379 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y<sup>‡</sup> | 1279742 | 18902 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $16,522) ($ Thousands) |  | 27787 |
| **Fixed Income Fund — 18.0%** | **Fixed Income Fund — 18.0%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y <sup><sup>‡</sup></sup> | 1378857 | 7390 |
| Total Fixed Income Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $7,682) ($ Thousands) |  | 7390 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Money Market Fund — 14.3%** | **Money Market Fund — 14.3%** |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 4.230%\*\*<sup><sup>‡</sup></sup> | 5891717 | $5892 |
| Total Money Market Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,892) ($ Thousands) |  | 5892 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $30,096) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $30,096) ($ Thousands)  | $41069 |

---

Percentages are based on Net Assets of $41,079 ($ Thousands).

<sup>‡</sup> Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities Exchange Commission's website at https://www.sec.gov or call 1-800-DIAL-SEI.

\*\* The rate reported is the 7-day effective yield as of June 30, 2025.

Cl — Class

The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust International Equity Fund, Cl Y  | $2228 | $87 | $(275) | $81 | $163 | $2284 | $— | $— |
| SEI Institutional Managed Trust Real Estate Fund, Cl Y  | 2285 | 106 | (166) | 16 | (19) | 2222 | 14 |  |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y  | 4283 | 180 | (458) | 175 | 199 | 4379 | 11 |  |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y  | 19025 | 496 | (1211) | 173 | 419 | 18902 | 92 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 7427 | 503 | (589) | (155) | 204 | 7390 | 128 |  |
| SEI Daily Income Trust Government Fund, <br> Institutional Class | 6007 | 533 | (648) |  |  | 5892 | 60 |  |
| Totals  | $41255 | $1905 | $(3347) | $290 | $966 | $41069 | $305 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Aggressive Strategy Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Equity Funds — 75.1%** | **Equity Funds — 75.1%** |  |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Momentum Factor ETF  | 170468 | $7187 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Quality Factor ETF  | 90753 | 3374 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Value Factor ETF  | 184942 | 6601 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 532698 | 9535 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Large Cap Fund, Cl Y <sup><sup>‡</sup></sup> | 853308 | 13167 |
| &nbsp;&nbsp;&nbsp;SEI Select Emerging Markets Equity ETF  | 313620 | 8628 |
| &nbsp;&nbsp;&nbsp;SEI Select International Equity ETF <sup><sup>‡</sup></sup> | 771342 | 22736 |
| &nbsp;&nbsp;&nbsp;SEI Select Small Cap ETF  | 238160 | 6104 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $59,815) ($ Thousands) |  | 77332 |
| **Fixed Income Funds — 13.5%** | **Fixed Income Funds — 13.5%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 339649 | 3070 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 811160 | 7779 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 571816 | $3065 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $13,649) ($ Thousands) |  | 13914 |
| **Multi-Asset Fund — 11.4%** | **Multi-Asset Fund — 11.4%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y<sup><sup>‡</sup></sup> | 1574579 | 11762 |
| Total Multi-Asset Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $12,394) ($ Thousands) |  | 11762 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $85,858) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $85,858) ($ Thousands)  | $103008 |

---

Percentages are based on Net Assets of $102,969 ($ Thousands).

<sup>‡</sup> Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities Exchange Commission's website at https://www.sec.gov or call 1-800-DIAL-SEI.

Cl — Class

ETF — Exchange Traded Fund

The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Enhanced US Large Cap Momentum Factor ETF  | $6147 | $— | $(24) | $— | $1064 | $7187 | $11 | $— |
| SEI Enhanced US Large Cap Quality Factor ETF  | 3169 |  | (30) |  | 235 | 3374 | 9 |  |
| SEI Enhanced US Large Cap Value Factor ETF  | 6003 |  | (36) |  | 634 | 6601 | 30 |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 8762 | 277 | (502) | (25) | 1023 | 9535 |  |  |
| SEI Institutional Managed Trust Large Cap Fund, Cl Y  | 12111 | 376 | (3268) | (26) | 3974 | 13167 | 32 |  |
| SEI Select Emerging Markets Equity ETF  | 7768 |  | (2049) |  | 2909 | 8628 | 45 |  |
| SEI Select International Equity ETF  | 21865 | 2418 | (1691) | 144 |  | 22736 | 125 |  |
| SEI Select Small Cap ETF  | 5664 |  | (31) |  | 471 | 6104 | 14 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 2872 | 205 | (2) | (5) |  | 3070 | 52 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 7349 | 857 | (461) | (73) | 107 | 7779 | 70 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 2883 | 268 | (108) | (7) | 29 | 3065 | 51 |  |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y  | 11107 | 1139 | (760) | (177) | 453 | 11762 |  |  |
| Totals  | $95700 | $5540 | $(8962) | $(169) | $10899 | $103008 | $439 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Tax-Managed Aggressive Strategy Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Equity Funds — 88.1%** | **Equity Funds — 88.1%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y  | 134777 | $1718 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y <sup><sup>‡</sup></sup> | 1022423 | 13874 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y <sup><sup>‡</sup></sup> | 1291379 | 48595 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y <sup><sup>‡</sup></sup> | 509442 | 11671 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $33,528) ($ Thousands) |  | 75858 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Fixed Income Funds — 11.9%** | **Fixed Income Funds — 11.9%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 378165 | $3419 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 1265429 | 6783 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $11,098) ($ Thousands) |  | 10202 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $44,626) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $44,626) ($ Thousands)  | $86060 |

---

Percentages are based on Net Assets of $86,071 ($ Thousands).

<sup>‡</sup> Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities Exchange Commission's website at https://www.sec.gov or call 1-800-DIAL-SEI.

Cl — Class

The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y  | $1701 | $— | $(188) | $17 | $188 | $1718 | $— | $— |
| SEI Institutional International Trust International Equity Fund, Cl Y  | 13555 |  | (1139) | 184 | 1274 | 13874 |  |  |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y  | 44890 | 118 | (412) | 1 | 3998 | 48595 | 118 |  |
| SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y  | 10607 | 342 | (10) |  | 732 | 11671 | 22 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 3364 | 61 | (151) | (27) | 172 | 3419 | 61 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 6653 | 173 | (92) | (27) | 76 | 6783 | 117 |  |
| Totals  | $80770 | $694 | $(1992) | $148 | $6440 | $86060 | $318 | $— |

---

Amounts designated as "—" are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Core Market Strategy Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.4%** | **AFFILIATED INVESTMENT FUNDS — 99.4%** | **AFFILIATED INVESTMENT FUNDS — 99.4%** |
| **Equity Funds — 45.9%** | **Equity Funds — 45.9%** |  |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Momentum Factor ETF  | 28702 | $1210 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Quality Factor ETF  | 13767 | 512 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Value Factor ETF  | 29853 | 1065 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 113158 | 2026 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 150806 | 1689 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Large Cap Fund, Cl Y  | 114925 | 1773 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 133140 | 1346 |
| &nbsp;&nbsp;&nbsp;SEI Select Emerging Markets Equity ETF  | 65530 | 1803 |
| &nbsp;&nbsp;&nbsp;SEI Select International Equity ETF <sup><sup>‡</sup></sup> | 134348 | 3960 |
| &nbsp;&nbsp;&nbsp;SEI Select Small Cap ETF  | 54050 | 1385 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $13,328) ($ Thousands) |  | 16769 |
| **Fixed Income Funds — 31.2%** | **Fixed Income Funds — 31.2%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 149267 | 1349 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y <sup><sup>‡</sup></sup> | 909015 | 8717 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 252722 | 1355 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $12,116) ($ Thousands) |  | 11421 |
| **Multi-Asset Funds — 22.3%** | **Multi-Asset Funds — 22.3%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y <sup><sup>‡</sup></sup> | 563897 | 4213 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 124127 | 1261 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 334012 | 2672 |
| Total Multi-Asset Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $8,443) ($ Thousands) |  | 8146 |
| Total Investments in Securities — 99.4% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $33,887) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $33,887) ($ Thousands)  | $36336 |

---

Percentages are based on Net Assets of $36,537 ($ Thousands).

<sup>‡</sup> Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities Exchange Commission's website at https://www.sec.gov or call 1-800-DIAL-SEI.

Cl — Class

ETF — Exchange Traded Fund

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Core Market Strategy Fund** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Enhanced US Large Cap Momentum Factor ETF  | $1035 | $175 | $— | $— | $— | $1210 | $2 | $— |
| SEI Enhanced US Large Cap Quality Factor ETF  | 481 |  | (34) |  | 65 | 512 | 1 |  |
| SEI Enhanced US Large Cap Value Factor ETF  | 969 |  | (67) |  | 163 | 1065 | 5 |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 2026 | 22 | (111) | 70 | 19 | 2026 |  |  |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 1735 |  | (20) | 10 | (36) | 1689 |  |  |
| SEI Institutional Managed Trust Large Cap Fund, Cl Y  | 1768 | 31 | (39) | 13 |  | 1773 | 5 |  |
| SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 1363 |  | (17) |  |  | 1346 |  |  |
| SEI Select Emerging Markets Equity ETF  | 1623 | 180 |  |  |  | 1803 | 10 |  |
| SEI Select International Equity ETF  | 3940 |  | (17) | 37 |  | 3960 | 23 |  |
| SEI Select Small Cap ETF  | 1285 | 100 |  |  |  | 1385 | 3 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 1376 | 25 | (47) | (5) |  | 1349 | 25 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 8970 | 511 | (638) | (126) |  | 8717 | 83 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 1375 | 36 | (43) | (13) |  | 1355 | 24 |  |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y  | 4316 | 7 | (60) | (50) |  | 4213 |  |  |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 1298 | 23 | (56) | (4) |  | 1261 | 16 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 2787 | 4 | (117) | (2) |  | 2672 |  |  |
| Totals  | $36347 | $1114 | $(1266) | $(70) | $211 | $36336 | $197 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Core Market Strategy Allocation Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Equity Funds — 88.3%** | **Equity Funds — 88.3%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y  | 31386 | $400 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y <sup><sup>‡</sup></sup> | 237714 | 3226 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y <sup><sup>‡</sup></sup> | 301352 | 11340 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y <sup><sup>‡</sup></sup> | 121937 | 2793 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $6,507) ($ Thousands) |  | 17759 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Fixed Income Funds — 11.7%** | **Fixed Income Funds — 11.7%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 87211 | $789 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 290533 | 1557 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $2,556) ($ Thousands) |  | 2346 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $9,063) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $9,063) ($ Thousands)  | $20105 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $20,110 ($ Thousands). |
| <sup>‡</sup> | Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities and Exchange Commission's website at http://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y  | $393 | $— | $(42) | $5 | $44 | $400 | $— | $— |
| SEI Institutional International Trust International Equity Fund, Cl Y  | 3149 |  | (287) | 69 | 295 | 3226 |  |  |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y  | 10948 | 29 | (495) | 255 | 603 | 11340 | 29 |  |
| SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y  | 2631 | 6 | (19) | (1) | 176 | 2793 | 6 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 797 | 16 | (56) | (10) | 42 | 789 | 14 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 1600 | 30 | (88) | (30) | 45 | 1557 | 27 |  |
| Totals  | $19518 | $81 | $(987) | $288 | $1205 | $20105 | $76 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Market Growth Strategy Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Equity Funds — 57.5%** | **Equity Funds — 57.5%** |  |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Momentum Factor ETF  | 115725 | $4879 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Quality Factor ETF  | 64050 | 2381 |
| &nbsp;&nbsp;&nbsp;SEI Enhanced US Large Cap Value Factor ETF  | 136997 | 4889 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 371566 | 6651 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 293131 | 3283 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Large Cap Fund, Cl Y  | 507039 | 7824 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 264506 | 2674 |
| &nbsp;&nbsp;&nbsp;SEI Select Emerging Markets Equity ETF  | 247410 | 6806 |
| &nbsp;&nbsp;&nbsp;SEI Select International Equity ETF <sup><sup>‡</sup></sup> | 522661 | 15406 |
| &nbsp;&nbsp;&nbsp;SEI Select Small Cap ETF  | 193790 | 4967 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $47,049) ($ Thousands) |  | 59760 |
| **Fixed Income Funds — 22.1%** | **Fixed Income Funds — 22.1%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 494474 | 4470 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y <sup><sup>‡</sup></sup> | 1465716 | 14056 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 832893 | 4465 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $23,684) ($ Thousands) |  | 22991 |
| **Multi-Asset Funds — 20.4%** | **Multi-Asset Funds — 20.4%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y <sup><sup>‡</sup></sup> | 1569756 | 11726 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 253441 | 2575 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 857467 | 6860 |
| Total Multi-Asset Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $21,482) ($ Thousands) |  | 21161 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $92,215) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $92,215) ($ Thousands)  | $103912 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $103,880 ($ Thousands). |
| <sup>‡</sup> | Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities and Exchange Commission's website at http://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

ETF — Exchange Traded Fund

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Market Growth Strategy Fund** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Enhanced US Large Cap Momentum Factor ETF  | $4755 | $— | $(608) | $203 | $529 | $4879 | $8 | $— |
| SEI Enhanced US Large Cap Quality Factor ETF  | 2237 |  | (1) |  | 145 | 2381 | 6 |  |
| SEI Enhanced US Large Cap Value Factor ETF  | 4447 |  | (1) |  | 443 | 4889 | 22 |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y  | 6455 | 69 | (548) | (4) | 679 | 6651 |  |  |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y  | 3272 |  | (145) | 8 | 148 | 3283 |  |  |
| SEI Institutional Managed Trust Large Cap Fund, Cl Y  | 7630 | 118 | (702) | (8) | 786 | 7824 | 20 |  |
| SEI Institutional Managed Trust Liquid Alternative Fund, Cl Y  | 2637 |  | (50) | (2) | 89 | 2674 |  |  |
| SEI Select Emerging Markets Equity ETF  | 6128 |  |  |  | 678 | 6806 | 36 |  |
| SEI Select International Equity ETF  | 15601 |  | (1968) | 168 | 1605 | 15406 | 89 |  |
| SEI Select Small Cap ETF  | 4608 | 1 |  |  | 358 | 4967 | 12 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 4406 | 80 | (207) | (22) | 213 | 4470 | 80 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y  | 14083 | 1515 | (1581) | (268) | 307 | 14056 | 132 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 4445 | 84 | (113) | (26) | 75 | 4465 | 78 |  |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y  | 11744 | 1137 | (1384) | (437) | 666 | 11726 |  |  |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y  | 2584 | 33 | (78) | (6) | 42 | 2575 | 32 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y  | 7066 | 120 | (197) | (1) | (128) | 6860 |  |  |
| Totals  | $102098 | $3157 | $(7583) | $(395) | $6635 | $103912 | $515 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

June 30, 2025

**Market Growth Strategy Allocation Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** | **AFFILIATED INVESTMENT FUNDS — 100.0%** |
| **Equity Funds — 88.2%** | **Equity Funds — 88.2%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y  | 203803 | $2598 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y <sup><sup>‡</sup></sup> | 1535377 | 20835 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y <sup><sup>‡</sup></sup> | 1944929 | 73188 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y <sup><sup>‡</sup></sup> | 763064 | 17482 |
| Total Equity Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $46,679) ($ Thousands) |  | 114103 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Fixed Income Funds — 11.8%** | **Fixed Income Funds — 11.8%** |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 568588 | $5140 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 1885297 | 10105 |
| Total Fixed Income Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $16,712) ($ Thousands) |  | 15245 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $63,391) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $63,391) ($ Thousands)  | $129348 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $129,368 ($ Thousands). |
| <sup>‡</sup> | Represents greater than 10% of the Fund's total investments. For further financial information, available upon request at no charge, please go to the Securities and Exchange Commission's website at http://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the period ended June 30, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 6/30/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y  | $2521 | $— | $(242) | $20 | $299 | $2598 | $— | $— |
| SEI Institutional International Trust International Equity Fund, Cl Y  | 20099 |  | (1627) | 244 | 2119 | 20835 |  |  |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y  | 68468 | 180 | (1024) | 9 | 5555 | 73188 | 180 |  |
| SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y  | 16331 | 66 |  |  | 1085 | 17482 | 34 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y  | 5075 | 92 | (244) | (48) | 265 | 5140 | 92 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y  | 10157 | 192 | (349) | (155) | 260 | 10105 | 176 |  |
| Totals  | $122651 | $530 | $(3486) | $70 | $9583 | $129348 | $482 | $— |

---

Amounts designated as " – " are $0 or have been rounded to $0.

------

SEI Asset Allocation Trust

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SEI ASSET ALLOCATION TRUST

- **b. Investment Company Act file number:** 811-07445

- **c. CIK number of Registrant:** 0001003632

- **d. LEI of Registrant:** PESV2N3UVVSJNEVQP186

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8003425734

**Item A.2. Information about the Series.**

- **a. Name of Series:** SAAT MARKET GROWTH STRATEGY ALLOCATION FUND

- **b. EDGAR series identifier (if any):** S000005817

- **c. LEI of Series:** 5493002FYW91RH3LB614

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $129420878.53

**Total Liabilities:** $53034.50

**Net Assets:** $129367844.03

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015962 | 3.71%                | 5.00%                | -0.49%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $104741.97               | $4521129.59                                |
| Month 2  | $121952.43               | $5882012.11                                |
| Month 3  | $-168067.34              | $-805259.13                                |

### Schedule of Portfolio Investments

| Name                         | Title                                    | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SEI INST INST EMG MKT DEBT-Y | SEI INST INST EMG MKT DEBT-Y MUTUAL FUND | CUSIP: 78411R828<br>LEI: N/A | Long             | EC               |  | US        |    568588 | NS      | $5140037.72   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI INTERNATIONAL EQUITY-Y   | SEI INTERNATIONAL EQUITY-Y MUTUAL FUND   | CUSIP: 78411R810<br>LEI: N/A | Long             | EC               |  | US        |   1537888 | NS      | $20869135.44  | 16.13%            |  |  |  | No            |                  1 | On Loan: No      |
| SIMT HIGH YIELD BOND-Y       | SIMT HIGH YIELD BOND-Y MUTUAL FUND       | CUSIP: 78413L407<br>LEI: N/A | Long             | STIV             | RF                | US        |   1873415 | NS      | $10041503.36  | 7.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMT TAX MGD SM MID CAP-Y    | SIMT TAX MGD SM MID CAP-Y MUTUAL FUND    | CUSIP: 78413L811<br>LEI: N/A | Long             | EC               |  | US        |    763064 | NS      | $17481793.88  | 13.51%            |  |  |  | No            |                  1 | On Loan: No      |
| SIMT TAX-MGD LRG CAP-Y       | SIMT TAX-MGD LRG CAP-Y MUTUAL FUND       | CUSIP: 78413L837<br>LEI: N/A | Long             | EC               |  | US        |   1944929 | NS      | $73187694.71  | 56.57%            |  |  |  | No            |                  1 | On Loan: No      |
| SIT EMRG MRKTS EQTY-Y        | SIT EMRG MRKTS EQTY-Y MUTUAL FUND        | CUSIP: 78411R836<br>LEI: N/A | Long             | EC               |  | US        |    204657 | NS      | $2609375.74   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** SEI ASSET ALLOCATION TRUST

**Signature:** Glenn Kurdziel

**Name of Signer:** Glenn Kurdziel

**Title:** Controller and Chief Financial Officer