# EDGAR Filing Document

**Accession Number:** 0001003632
**File Stem:** 0002048251-26-001820
**Filing Date:** 2026-3
**Character Count:** 61483
**Document Hash:** 83c360373cdf86156e8101e80c5936f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-001820.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0002048251-26-001820

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**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:** 26704542

**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 CORE MARKET STRATEGY FUND (Series ID: S000005820)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000015966 | SAAT CORE MARKET STRATEGY FUND - CLASS F | SOKAX           |
| C000015967 | SAAT CORE MARKET STRATEGY FUND - CLASS I | SCMSX           |

## Nport-Ex

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Defensive Strategy Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.7%** | **AFFILIATED INVESTMENT FUNDS — 99.7%** | **AFFILIATED INVESTMENT FUNDS — 99.7%** |
| **Fixed Income Funds — 56.5%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Short-Duration Government Fund, Cl Y<sup><sup>‡</sup></sup> | 242192 | $2485 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Conservative Income Fund, Cl Y<sup><sup>‡</sup></sup> | 127322 | 1275 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 65594 | 636 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Return Fund, Cl Y | 43579 | 424 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $4,673) ($ Thousands) |  | 4820 |
| **Multi-Asset Funds — 29.0%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y<sup><sup>‡</sup></sup> | 169681 | 1724 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 31101 | 320 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 53741 | 425 |
| Total Multi-Asset Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $2,388) ($ Thousands) |  | 2469 |
| **Equity Funds — 9.2%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF | 6964 | 173 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 58409 | 616 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $729) ($ Thousands) |  | 789 |
| **Money Market Fund — 5.0%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 3.640%<sup><sup>\*\*</sup></sup> | 424553 | 425 |
| Total Money Market Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $425) ($ Thousands) |  | 425 |
| Total Investments in Securities — 99.7% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $8,215) ($ Thousands) |  | $8503 |

---

Percentages are based on Net Assets of $8,525 ($ Thousands).

---

| | |
|:---|:---|
| <sup><sup>‡</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 https://www.sec.gov or call 1-800-DIAL-SEI. |

---

<sup><sup>\*\*</sup></sup> The rate reported is the 7-day effective yield as of December 31, 2025.

Cl — Class

ETF — Exchange Traded Fund

SEI Asset Allocation Trust 1

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Defensive Strategy Fund**

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust Short-Duration Government Fund, Cl Y | $2620 | $145 | $(304) | $— | $24 | $2485 | $66 | $— |
| SEI Institutional Managed Trust Conservative Income Fund, Cl Y | 1342 | 86 | (153) |  |  | 1275 | 41 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 671 | 49 | (93) |  | 9 | 636 | 18 |  |
| SEI Institutional Managed Trust Real Return Fund, Cl Y | 447 | 27 | (43) |  | (7) | 424 | 18 |  |
| SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y | 1803 | 75 | (215) | 1 | 60 | 1724 | 17 | 17 |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 334 | 23 | (46) | 1 | 8 | 320 | 13 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 449 | 42 | (54) | 1 | (13) | 425 | 20 |  |
| SEI Exchange-Traded Funds Enhanced Low Volatility U.S. Large Cap ETF | 3 |  | (3) | 1 | (1) |  |  |  |
| SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF^ | 176 | 8 | (19) |  | 8 | 173 | 9 |  |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 649 | 81 | (110) | 8 | (12) | 616 | 8 | 44 |
| SEI Daily Income Trust Government Fund, Institutional Class | 447 | 28 | (50) |  |  | 425 | 13 |  |
| Totals | $8941 | $564 | $(1090) | $12 | $76 | $8503 | $223 | $61 |

---

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

<sup>^</sup> The SEI DBi Multi Strategy Alternative ETF ("QALT"), formerly the SIMT Liquid Alternative Fund, underwent two reorganizations: Class Y to Class F on August 3, 2025, and Class F to an exchange traded fund on September 3, 2025.

2 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Defensive Strategy Allocation Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.6%** | **AFFILIATED INVESTMENT FUNDS — 99.6%** | **AFFILIATED INVESTMENT FUNDS — 99.6%** |
| **Money Market Fund — 80.5%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 3.640%<sup><sup>\*\*</sup><sup>‡</sup></sup> | 1222527 | $1223 |
| Total Money Market Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,223) ($ Thousands) |  | 1223 |
| **Fixed Income Fund — 19.1%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y<sup><sup>‡</sup></sup> | 54937 | 291 |
| Total Fixed Income Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $291) ($ Thousands) |  | 291 |
| Total Investments in Securities — 99.6% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,514) ($ Thousands) |  | $1514 |

---

Percentages are based on Net Assets of $1,520 ($ Thousands).

---

| | |
|:---|:---|
| <sup><sup>‡</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 https://www.sec.gov or call 1-800-DIAL-SEI. |

---

<sup><sup>\*\*</sup></sup> The rate reported is the 7-day effective yield as of December 31, 2025.

Cl — Class

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust Government Fund, Institutional Class | $1336 | $96 | $(209) | $— | $— | $1223 | $40 | $— |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 317 | 32 | (58) | (3) | 3 | 291 | 18 | 3 |
| Totals | $1653 | $128 | $(267) | $(3) | $3 | $1514 | $58 | $3 |

---

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

SEI Asset Allocation Trust 3

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Conservative Strategy Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.8%** | **AFFILIATED INVESTMENT FUNDS — 99.8%** | **AFFILIATED INVESTMENT FUNDS — 99.8%** |
| **Fixed Income Funds — 50.2%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Short-Duration Government Fund, Cl Y<sup>‡</sup> | 397529 | $4079 |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y | 122076 | 1145 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 61089 | 573 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Conservative Income Fund, Cl Y | 285981 | 2863 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y<sup>‡</sup> | 434475 | 4214 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 108117 | 573 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Return Fund, Cl Y | 117468 | 1144 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $14,474) ($ Thousands) |  | 14591 |
| **Multi-Asset Funds — 28.3%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y | 72995 | 569 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y<sup>‡</sup> | 485425 | 4932 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 125102 | 1286 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 180419 | 1427 |
| Total Multi-Asset Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $7,973) ($ Thousands) |  | 8214 |
| **Equity Funds — 21.3%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF | 34633 | 863 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced Low Volatility U.S. Large Cap ETF | 28875 | 933 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select International Equity ETF | 30045 | 978 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 253720 | 2674 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y | 56179 | 737 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,437) ($ Thousands) |  | 6185 |
| Total Investments in Securities — 99.8% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $27,884) ($ Thousands) |  | $28990 |

---

Percentages are based on Net Assets of $29,048 ($ 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 https://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

ETF — Exchange Traded Fund

4 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Conservative Strategy Fund**

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust Short-Duration Government Fund, Cl Y | $4326 | $257 | $(544) | $(15) | $55 | $4079 | $107 | $— |
| SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y | 1213 | 54 | (125) |  | 3 | 1145 | 37 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 597 | 43 | (115) | 5 | 43 | 573 | 40 |  |
| SEI Institutional Managed Trust Conservative Income Fund, Cl Y | 3031 | 139 | (307) |  |  | 2863 | 91 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 4471 | 305 | (625) | (91) | 154 | 4214 | 121 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 602 | 48 | (77) | (4) | 4 | 573 | 33 | 6 |
| SEI Institutional Managed Trust Real Return Fund, Cl Y | 1211 | 70 | (117) | (2) | (18) | 1144 | 50 |  |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y | 602 | 39 | (108) | (5) | 41 | 569 | 18 |  |
| SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y | 5207 | 328 | (775) | (1) | 173 | 4932 | 50 | 47 |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 1361 | 60 | (169) | 1 | 33 | 1286 | 55 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 1520 | 105 | (156) | (1) | (41) | 1427 | 66 |  |
| SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF^ | 885 | 9 | (69) | (2) | 40 | 863 | 44 |  |
| SEI Exchange-Traded Funds Enhanced Low Volatility U.S. Large Cap ETF | 1224 |  | (349) | 73 | (15) | 933 | 20 |  |
| SEI Exchange-Traded Funds Select International Equity ETF | 873 | 1 | (100) | 19 | 185 | 978 | 24 |  |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 2847 | 289 | (438) | 29 | (53) | 2674 | 35 | 193 |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y | 786 | 135 | (120) | 2 | (66) | 737 | 13 | 99 |
| Totals | $30756 | $1882 | $(4194) | $8 | $538 | $28990 | $804 | $345 |

---

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

^ The SEI DBi Multi Strategy Alternative ETF ("QALT"), formerly the SIMT Liquid Alternative Fund, underwent two reorganizations: Class Y to Class F on August 3, 2025, and Class F to an exchange traded fund on September 3, 2025.

SEI Asset Allocation Trust 5

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Conservative Strategy Allocation Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value <br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.7%** | **AFFILIATED INVESTMENT FUNDS — 99.7%** | **AFFILIATED INVESTMENT FUNDS — 99.7%** |
| **Equity Funds — 46.6%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Estate Fund, Cl Y<sup>‡</sup> | 148372 | $2166 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y<sup>‡</sup> | 331760 | 4353 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,204) ($ Thousands) |  | 6519 |
| **Fixed Income Fund — 33.1%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y<sup>‡</sup> | 871713 | 4620 |
| Total Fixed Income Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $4,727) ($ Thousands) |  | 4620 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Money Market Fund — 20.0%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 3.640%<sup>\*\*</sup><sup>‡</sup> | 2795663 | $2796 |
| Total Money Market Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $2,796) ($ Thousands) |  | 2796 |
| Total Investments in Securities — 99.7% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $12,727) ($ Thousands) |  | $13935 |

---

Percentages are based on Net Assets of $13,979 ($ 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. |

---

<sup>\*\*</sup> The rate reported is the 7-day effective yield as of December 31, 2025.

Cl — Class

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Institutional Managed Trust Real Estate Fund, Cl Y | $2444 | $370 | $(412) | $39 | $(275) | $2166 | $58 | $190 |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y | 4920 | 845 | (1037) | 121 | (496) | 4353 | 80 | 595 |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 5161 | 362 | (904) | (124) | 125 | 4620 | 281 | 47 |
| SEI Daily Income Trust Government Fund, Institutional Class | 3157 | 181 | (542) |  |  | 2796 | 90 |  |
| Totals | $15682 | $1758 | $(2895) | $36 | $(646) | $13935 | $509 | $832 |

---

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

6 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Moderate Strategy Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.8%** | **AFFILIATED INVESTMENT FUNDS — 99.8%** | **AFFILIATED INVESTMENT FUNDS — 99.8%** |
| **Fixed Income Funds — 36.6%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Short-Duration Government Fund, Cl Y | 522281 | $5359 |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y | 244639 | 2295 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 203855 | 1914 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y<sup>‡</sup> | 1536509 | 14904 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 361079 | 1914 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Return Fund, Cl Y | 235355 | 2292 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $29,207) ($ Thousands) |  | 28678 |
| **Equity Funds — 35.7%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF | 149864 | 3736 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced Low Volatility U.S. Large Cap ETF | 97961 | 3165 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 94076 | 2928 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select International Equity ETF | 134680 | 4381 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 92296 | 1519 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y<sup>‡</sup> | 904000 | 9528 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y | 202787 | 2661 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $24,775) ($ Thousands) |  | 27918 |
| **Multi-Asset Funds — 27.5%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y | 927776 | 7227 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y | 752538 | 7646 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 279067 | 2869 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 482900 | 3820 |
| Total Multi-Asset Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $21,229) ($ Thousands) |  | 21562 |
| Total Investments in Securities — 99.8% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $75,211) ($ Thousands) |  | $78158 |

---

Percentages are based on Net Assets of $78,280 ($ 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 7

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Moderate Strategy Fund**

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Daily Income Trust Short-Duration Government Fund, Cl Y | $5420 | $448 | $(561) | $(16) | $68 | $5359 | $136 | $— |
| SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y | 2322 | 207 | (241) |  | 7 | 2295 | 72 |  |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 1920 | 172 | (333) |  | 155 | 1914 | 129 | 19 |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 15100 | 1710 | (2124) | (389) | 607 | 14904 | 416 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 1926 | 216 | (227) | (22) | 21 | 1914 | 109 |  |
| SEI Institutional Managed Trust Real Return Fund, Cl Y | 2317 | 239 | (224) | (3) | (37) | 2292 | 97 |  |
| SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF<sup>^</sup> | 3817 | 62 | (306) | (10) | 173 | 3736 | 192 |  |
| SEI Exchange-Traded Funds Enhanced Low Volatility U.S. Large Cap ETF | 3484 |  | (499) | 105 | 75 | 3165 | 60 |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Momentum Factor ETF | 14 |  | (18) | 8 | (4) |  |  |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Quality Factor ETF | 8 |  | (9) | 3 | (2) |  |  |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Value Factor ETF | 10 |  | (13) | 5 | (2) |  |  |  |
| SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 2575 |  | (299) | 50 | 602 | 2928 | 102 |  |
| SEI Exchange-Traded Funds Select International Equity ETF | 4149 |  | (692) | 104 | 820 | 4381 | 113 |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 1522 | 468 | (527) | 24 | 32 | 1519 | 31 | 235 |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 9670 | 1508 | (1554) | 75 | (171) | 9528 | 124 | 674 |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y | 2727 | 615 | (453) | 1 | (229) | 2661 | 46 | 353 |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y | 7321 | 780 | (1321) | (314) | 761 | 7227 | 225 |  |
| SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y | 7703 | 469 | (780) | (9) | 263 | 7646 | 76 | 73 |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 2900 | 256 | (362) | (17) | 92 | 2869 | 121 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 3871 | 397 | (338) | (2) | (108) | 3820 | 176 |  |
| Totals | $78776 | $7547 | $(10881) | $(407) | $3123 | $78158 | $2225 | $1354 |

---

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

^ The SEI DBi Multi Strategy Alternative ETF ("QALT"), formerly the SIMT Liquid Alternative Fund, underwent two reorganizations: Class Y to Class F on August 3, 2025, and Class F to an exchange traded fund on September 3, 2025.

8 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Moderate Strategy Allocation Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.2%** | **AFFILIATED INVESTMENT FUNDS — 99.2%** | **AFFILIATED INVESTMENT FUNDS — 99.2%** |
| **Equity Funds — 66.8%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y | 164371 | $2124 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Real Estate Fund, Cl Y | 145163 | 2119 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y<sup>‡</sup> | 99500 | 4051 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y<sup>‡</sup> | 1352920 | 17750 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $18,437) ($ Thousands) |  | 26044 |
| **Fixed Income Fund — 17.9%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y<sup>‡</sup> | 1319561 | 6993 |
| Total Fixed Income Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $7,231) ($ Thousands) |  | 6993 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Money Market Fund — 14.5%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust Government Fund, Institutional Class, 3.640%<sup>\*\*</sup><sup>‡</sup> | 5633792 | $5634 |
| Total Money Market Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,634) ($ Thousands) |  | 5634 |
| Total Investments in Securities — 99.2% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $31,302) ($ Thousands) |  | $38671 |

---

Percentages are based on Net Assets of $38,988 ($ 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. |

---

<sup>\*\*</sup> The rate reported is the 7-day effective yield as of December 31, 2025.

Cl — Class

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust International Equity Fund, Cl Y | $2228 | $429 | $(715) | $217 | $(35) | $2124 | $77 | $255 |
| SEI Institutional Managed Trust Real Estate Fund, Cl Y | 2285 | 365 | (300) | 24 | (255) | 2119 | 56 | 185 |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y | 4283 | 245 | (1158) | 666 | 15 | 4051 | 40 | 37 |
| SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y | 19025 | 3171 | (2869) | 425 | (2002) | 17750 | 323 | 2443 |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 7427 | 796 | (1226) | (290) | 286 | 6993 | 419 | 71 |
| SEI Daily Income Trust Government Fund, Institutional Class | 6007 | 637 | (1010) |  |  | 5634 | 176 | 1 |
| Totals | $41255 | $5643 | $(7278) | $1042 | $(1991) | $38671 | $1091 | $2992 |

---

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

SEI Asset Allocation Trust 9

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Aggressive 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 — 74.8%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Momentum Factor ETF | 146230 | $6746 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Quality Factor ETF | 90753 | 3533 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Value Factor ETF | 168297 | 6984 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 297146 | 9249 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select International Equity ETF<sup>‡</sup> | 738624 | 24029 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select Small Cap ETF | 238160 | 6654 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 602995 | 9925 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Large Cap Fund, Cl Y<sup>‡</sup> | 976335 | 13737 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $60,382) ($ Thousands) |  | 80857 |
| **Fixed Income Funds — 13.6%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 345671 | 3246 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 846170 | 8208 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 612263 | 3245 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $14,227) ($ Thousands) |  | 14699 |
| **Multi-Asset Fund — 11.5%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y<sup>‡</sup> | 1591815 | 12400 |
| Total Multi-Asset Fund |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $12,262) ($ Thousands) |  | 12400 |
| Total Investments in Securities — 99.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $86,871) ($ Thousands) |  | $107956 |

---

Percentages are based on Net Assets of $108,033 ($ 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

10 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Aggressive Strategy Fund**

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Momentum Factor ETF | $6147 | $— | $(1044) | $436 | $1207 | $6746 | $41 | $— |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Quality Factor ETF | 3169 |  |  |  | 364 | 3533 | 33 |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Value Factor ETF | 6003 |  | (627) | 211 | 1397 | 6984 | 111 |  |
| SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 7768 |  | (497) | 83 | 1895 | 9249 | 314 |  |
| SEI Exchange-Traded Funds Select International Equity ETF | 21865 |  | (2683) | 314 | 4533 | 24029 | 579 |  |
| SEI Exchange-Traded Funds Select Small Cap ETF | 5664 |  | (1) |  | 991 | 6654 | 39 |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 8762 | 2220 | (1297) | 43 | 197 | 9925 | 199 | 1537 |
| SEI Institutional Managed Trust Large Cap Fund, Cl Y | 12111 | 4405 | (2991) | (1) | 213 | 13737 | 122 | 2359 |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 2872 | 510 | (385) |  | 249 | 3246 | 207 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 7349 | 1630 | (889) | (98) | 216 | 8208 | 218 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 2883 | 627 | (261) | (11) | 7 | 3245 | 176 | 32 |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y | 11107 | 3085 | (2558) | (412) | 1178 | 12400 | 385 |  |
| Totals | $95700 | $12477 | $(13233) | $565 | $12447 | $107956 | $2424 | $3928 |

---

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

SEI Asset Allocation Trust 11

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Tax-Managed Aggressive 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 — 87.8%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y | 127675 | $1801 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y<sup>‡</sup> | 1108855 | 14326 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y<sup>‡</sup> | 1224987 | 49869 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y<sup>‡</sup> | 516834 | 12389 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $32,450) ($ Thousands) |  | 78385 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Fixed Income Funds — 12.1%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 383430 | $3601 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 1353834 | 7175 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $11,582) ($ Thousands) |  | 10776 |
| Total Investments in Securities — 99.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $44,032) ($ Thousands) |  | $89161 |

---

Percentages are based on Net Assets of $89,223 ($ 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 December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y | $1701 | $117 | $(414) | $54 | $343 | $1801 | $69 | $11 |
| SEI Institutional International Trust International Equity Fund, Cl Y | 13555 | 2237 | (2420) | 303 | 651 | 14326 | 509 | 1729 |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y | 44890 | 906 | (3517) | 247 | 7343 | 49869 | 455 | 451 |
| SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y | 10607 | 1032 | (520) | 6 | 1264 | 12389 | 89 | 479 |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 3364 | 275 | (321) | (39) | 322 | 3601 | 236 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 6653 | 731 | (200) | (54) | 45 | 7175 | 398 | 73 |
| Totals | $80770 | $5298 | $(7392) | $517 | $9968 | $89161 | $1756 | $2743 |

---

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

12 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Core Market Strategy Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 98.9%** | **AFFILIATED INVESTMENT FUNDS — 98.9%** | **AFFILIATED INVESTMENT FUNDS — 98.9%** |
| **Equity Funds — 45.6%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF | 52969 | $1320 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Momentum Factor ETF | 21777 | 1005 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Quality Factor ETF | 13767 | 536 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Value Factor ETF | 24569 | 1020 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 51979 | 1618 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select International Equity ETF<sup>‡</sup> | 111245 | 3619 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select Small Cap ETF | 54050 | 1510 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 115495 | 1901 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 150470 | 1586 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Large Cap Fund, Cl Y | 118163 | 1662 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $12,285) ($ Thousands) |  | 15777 |
| **Fixed Income Funds — 31.1%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 136197 | 1279 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y<sup>‡</sup> | 845865 | 8205 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 241039 | 1277 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $11,019) ($ Thousands) |  | 10761 |
| **Multi-Asset Funds — 22.2%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y<sup>‡</sup> | 508086 | 3958 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 116318 | 1196 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 321469 | 2543 |
| Total Multi-Asset Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $7,657) ($ Thousands) |  | 7697 |
| Total Investments in Securities — 98.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $30,961) ($ Thousands) |  | $34235 |

---

Percentages are based on Net Assets of $34,612 ($ 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 13

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Core Market Strategy Fund**

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF<sup>^</sup> | $1363 | $— | $(103) | $1 | $59 | $1320 | $68 | $— |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Momentum Factor ETF | 1035 |  | (298) | 125 | 143 | 1005 | 7 |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Quality Factor ETF | 481 |  |  |  | 55 | 536 | 5 |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Value Factor ETF | 969 |  | (199) | 67 | 183 | 1020 | 17 |  |
| SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 1623 |  | (396) | 56 | 335 | 1618 | 60 |  |
| SEI Exchange-Traded Funds Select International Equity ETF | 3940 |  | (1125) | 149 | 655 | 3619 | 98 |  |
| SEI Exchange-Traded Funds Select Small Cap ETF | 1285 |  |  |  | 225 | 1510 | 9 |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 2026 | 371 | (580) | 198 | (114) | 1901 | 39 | 304 |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 1735 | 146 | (300) | 36 | (31) | 1586 | 21 | 117 |
| SEI Institutional Managed Trust Large Cap Fund, Cl Y | 1768 | 378 | (594) | 140 | (30) | 1662 | 24 | 292 |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 1376 | 100 | (302) | (7) | 112 | 1279 | 115 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 8970 | 3205 | (3891) | (610) | 531 | 8205 | 423 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 1375 | 152 | (226) | (60) | 36 | 1277 | 131 | 13 |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y | 4316 | 399 | (1029) | (201) | 473 | 3958 | 125 |  |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 1298 | 58 | (194) | (7) | 41 | 1196 | 53 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 2787 | 345 | (514) | (1) | (74) | 2543 | 119 |  |
| Totals | $36347 | $5154 | $(9751) | $(114) | $2599 | $34235 | $1314 | $726 |

---

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

^ The SEI DBi Multi Strategy Alternative ETF ("QALT"), formerly the SIMT Liquid Alternative Fund, underwent two reorganizations: Class Y to Class F on August 3, 2025, and Class F to an exchange traded fund on September 3, 2025.

14 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Core Market Strategy Allocation Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.9%** | **AFFILIATED INVESTMENT FUNDS — 99.9%** | **AFFILIATED INVESTMENT FUNDS — 99.9%** |
| **Equity Funds — 87.9%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y | 28717 | $405 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y<sup>‡</sup> | 248998 | 3217 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y<sup>‡</sup> | 275826 | 11229 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y<sup>‡</sup> | 115146 | 2760 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $6,294) ($ Thousands) |  | 17611 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Fixed Income Funds — 12.0%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 85289 | $801 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 301056 | 1596 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $2,582) ($ Thousands) |  | 2397 |
| Total Investments in Securities — 99.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $8,876) ($ Thousands) |  | $20008 |

---

Percentages are based on Net Assets of $20,031 ($ 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 https://www.sec.gov or call 1-800-DIAL-SEI. |
| Cl — Class | Cl — Class |

---

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y | $393 | $24 | $(103) | $19 | $72 | $405 | $16 | $2 |
| SEI Institutional International Trust International Equity Fund, Cl Y | 3149 | 529 | (682) | 141 | 80 | 3217 | 114 | 386 |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y | 10948 | 279 | (1743) | 1022 | 723 | 11229 | 105 | 101 |
| SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y | 2631 | 148 | (324) | (2) | 307 | 2760 | 21 | 107 |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 797 | 55 | (114) | (13) | 76 | 801 | 54 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 1600 | 131 | (132) | (40) | 37 | 1596 | 90 | 16 |
| Totals | $19518 | $1166 | $(3098) | $1127 | $1295 | $20008 | $400 | $612 |

---

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

SEI Asset Allocation Trust 15

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Market Growth 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 — 55.7%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF | 107120 | $2670 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Momentum Factor ETF | 90333 | 4167 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Quality Factor ETF | 64050 | 2493 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Enhanced U.S. Large Cap Value Factor ETF | 102651 | 4260 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 206570 | 6430 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select International Equity ETF<sup>‡</sup> | 463235 | 15070 |
| &nbsp;&nbsp;&nbsp;SEI Exchange-Traded Funds Select Small Cap ETF | 193790 | 5415 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 418494 | 6888 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 327055 | 3447 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Large Cap Fund, Cl Y | 576314 | 8109 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $45,221) ($ Thousands) |  | 58949 |
| **Fixed Income Funds — 22.9%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 502144 | 4715 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y<sup>‡</sup> | 1529142 | 14833 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 889412 | 4714 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $24,361) ($ Thousands) |  | 24262 |
| **Multi-Asset Funds — 21.3%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y<sup>‡</sup> | 1584772 | 12345 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 264825 | 2723 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 939305 | 7430 |
| Total Multi-Asset Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $21,996) ($ Thousands) |  | 22498 |
| Total Investments in Securities — 99.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $91,578) ($ Thousands) |  | $105709 |

---

Percentages are based on Net Assets of $105,815 ($ 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 https://www.sec.gov or call 1-800-DIAL-SEI. |

---

Cl — Class

ETF — Exchange Traded Fund

16 SEI Asset Allocation Trust

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Market Growth Strategy Fund**

The following is a summary of the Fund's transactions with affiliates for the period ended December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Exchange-Traded Funds DBi Multi-Strategy Alternative ETF^ | $2637 | $— | $(83) | $(2) | $118 | $2670 | $137 | $— |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Momentum Factor ETF | 4755 | 1 | (1702) | 659 | 454 | 4167 | 28 |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Quality Factor ETF | 2237 |  | (1) |  | 257 | 2493 | 23 |  |
| SEI Exchange-Traded Funds Enhanced U.S. Large Cap Value Factor ETF | 4447 |  | (1294) | 436 | 671 | 4260 | 75 |  |
| SEI Exchange-Traded Funds Select Emerging Markets Equity ETF | 6128 |  | (1190) | 164 | 1328 | 6430 | 231 |  |
| SEI Exchange-Traded Funds Select International Equity ETF | 15601 |  | (3749) | 456 | 2762 | 15070 | 389 |  |
| SEI Exchange-Traded Funds Select Small Cap ETF | 4608 | 1 |  |  | 806 | 5415 | 32 |  |
| SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y | 6455 | 1562 | (1323) | 174 | 20 | 6888 | 139 | 1064 |
| SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y | 3272 | 462 | (245) | 18 | (60) | 3447 | 44 | 241 |
| SEI Institutional Managed Trust Large Cap Fund, Cl Y | 7630 | 2020 | (1697) | 34 | 122 | 8109 | 73 | 1379 |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 4406 | 359 | (413) | (28) | 391 | 4715 | 305 |  |
| SEI Institutional Managed Trust Core Fixed Income Fund, Cl Y | 14083 | 4055 | (3524) | (533) | 752 | 14833 | 407 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 4445 | 546 | (273) | (50) | 46 | 4714 | 257 | 46 |
| SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y | 11744 | 3416 | (3587) | (772) | 1544 | 12345 | 384 |  |
| SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y | 2584 | 226 | (154) | (8) | 75 | 2723 | 110 |  |
| SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y | 7066 | 1263 | (690) | 7 | (216) | 7430 | 339 |  |
| Totals | $102098 | $13911 | $(19925) | $555 | $9070 | $105709 | $2973 | $2730 |

---

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

^ The SEI DBi Multi Strategy Alternative ETF ("QALT"), formerly the SIMT Liquid Alternative Fund, underwent two reorganizations: Class Y to Class F on August 3, 2025, and Class F to an exchange traded fund on September 3, 2025.

SEI Asset Allocation Trust 17

**SCHEDULE OF INVESTMENTS (Unaudited)**

December 31, 2025

**Market Growth Strategy Allocation Fund**

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS — 99.9%** | **AFFILIATED INVESTMENT FUNDS — 99.9%** | **AFFILIATED INVESTMENT FUNDS — 99.9%** |
| **Equity Funds — 87.9%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y | 190232 | $2684 |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust International Equity Fund, Cl Y<sup>‡</sup> | 1649433 | 21311 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y<sup>‡</sup> | 1825939 | 74334 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y<sup>‡</sup> | 764439 | 18323 |
| Total Equity Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $45,877) ($ Thousands) |  | 116652 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** | **AFFILIATED INVESTMENT FUNDS (continued)** |
| **Fixed Income Funds — 12.0%** |  |  |
| &nbsp;&nbsp;&nbsp;SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 568295 | $5336 |
| &nbsp;&nbsp;&nbsp;SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 2004282 | 10623 |
| Total Fixed Income Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $17,547) ($ Thousands) |  | 15959 |
| Total Investments in Securities — 99.9% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $63,424) ($ Thousands) |  | $132611 |

---

Percentages are based on Net Assets of $132,748 ($ 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 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 December 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value<br> 3/31/2025** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain<br> (Loss)** | **Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2025** | **Income** | **Capital Gains** |
| SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y | $2521 | $135 | $(563) | $86 | $505 | $2684 | $103 | $16 |
| SEI Institutional International Trust International Equity Fund, Cl Y | 20099 | 3316 | (3538) | 576 | 858 | 21311 | 757 | 2541 |
| SEI Institutional Managed Trust Tax-Managed Large Cap Fund, Cl Y | 68468 | 1350 | (6890) | 1842 | 9564 | 74334 | 682 | 668 |
| SEI Institutional Managed Trust Tax-Managed Small/Mid Cap Fund, Cl Y | 16331 | 874 | (783) | 8 | 1893 | 18323 | 133 | 706 |
| SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y | 5075 | 363 | (522) | (71) | 491 | 5336 | 354 |  |
| SEI Institutional Managed Trust High Yield Bond Fund, Cl Y | 10157 | 929 | (447) | (167) | 151 | 10623 | 591 | 107 |
| Totals | $122651 | $6967 | $(12743) | $2274 | $13462 | $132611 | $2620 | $4038 |

---

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

18 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 Core Market Strategy Fund

- **b. EDGAR series identifier (if any):** S000005820

- **c. LEI of Series:** LQLF6FZ4ZICJ1RKZT391

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $34630584.99

**Total Liabilities:** $18336.60

**Net Assets:** $34612248.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015966 | 0.57%                | 0.94%                | 0.99%                |
| Class ID C000015967 | 0.56%                | 1.01%                | 1.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $552875.45               | $-923187.81                                |
| Month 2  | $55926.77                | $260307.71                                 |
| Month 3  | $-69429.73               | $363875.44                                 |

### 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 DBi Multi Strategy Alternative ETF        | SEI DBI MULTI-STRATEGY ALTERNATIVE ETF                                | CUSIP: 81589A809<br>LEI: N/A | Long             | EC               | RF                | US        |     52969 | NS      | $1320517.17   | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Enhanced US Large Cap Momentum Factor ETF | SEI ENHANCED US LARGE CAP MO MUTUAL FUND                              | CUSIP: 81589A205<br>LEI: N/A | Long             | EC               | RF                | US        |     21777 | NS      | $1004573.01   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Enhanced US Large Cap Quality Factor ETF  | SEI ENHANCED US LARGE CAP QU MUTUAL FUND                              | CUSIP: 81589A106<br>LEI: N/A | Long             | EC               | RF                | US        |     13767 | NS      | $535949.31    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Enhanced US Large Cap Value Factor ETF    | SEI ENHANCED US LRG CAP VAL MUTUAL FUND                               | CUSIP: 81589A304<br>LEI: N/A | Long             | EC               | RF                | US        |     24569 | NS      | $1019613.50   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SEI GLOBAL MANAGED VOL-Y Mutual Fund                                  | CUSIP: 78413L308<br>LEI: N/A | Long             | EC               |  | US        |    150470 | NS      | $1585957.46   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SEI INST INST EMG MKT DEBT-Y MUTUAL FUND                              | CUSIP: 78411R828<br>LEI: N/A | Long             | EC               |  | US        |    136197 | NS      | $1278889.58   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SEI INSTITUTIONAL MANAGED TRUST MULTI-ASSET ACCUMULATION FUND CLASS Y | CUSIP: 78413L779<br>LEI: N/A | Long             | EC               |  | US        |    508086 | NS      | $3957987.19   | 11.44%            |  |  |  | No            |                  1 | On Loan: No      |
| SEI Select Emerging Markets Equity ETF        | SEI SELECT EM MRKT EQ MUTUAL FUND                                     | CUSIP: 81589A601<br>LEI: N/A | Long             | EC               | RF                | US        |     51979 | NS      | $1617861.97   | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Select International Equity ETF           | SEI SELECT INTL EQUITY MUTUAL FUND                                    | CUSIP: 81589A700<br>LEI: N/A | Long             | EC               | RF                | US        |    111245 | NS      | $3619011.22   | 10.46%            |  |  |  | No            |                  1 | On Loan: No      |
| SEI Select Small Cap ETF                      | SEI SELECT SMALL CAP ETF MUTUAL FUND                                  | CUSIP: 81589A502<br>LEI: N/A | Long             | EC               | RF                | US        |     54050 | NS      | $1510243.48   | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SIMT CORE FIXED INCOME-Y MUTUAL FUND                                  | CUSIP: 78413L100<br>LEI: N/A | Long             | EC               |  | US        |    845865 | NS      | $8204894.39   | 23.71%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SIMT DYNAMIC ASSET ALLOC-Y MUTUAL FUND                                | CUSIP: 78413L688<br>LEI: N/A | Long             | EC               |  | US        |    115495 | NS      | $1901051.93   | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SIMT HIGH YIELD BOND-Y MUTUAL FUND                                    | CUSIP: 78413L407<br>LEI: N/A | Long             | STIV             | RF                | US        |    241039 | NS      | $1277508.30   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SIMT LARGE CAP FUND-Y MUTUAL FUND                                     | CUSIP: 78413L506<br>LEI: N/A | Long             | EC               |  | US        |    118163 | NS      | $1662551.00   | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SIMT MULTI-ASSET INCOME-Y MUTUAL FUND                                 | CUSIP: 78413L753<br>LEI: N/A | Long             | EC               |  | US        |    116318 | NS      | $1195744.92   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | SIMT MULTI-ASSET INFL-Y MUTUAL FUND                                   | CUSIP: 78413L746<br>LEI: N/A | Long             | EC               |  | US        |    321469 | NS      | $2542823.02   | 7.35%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

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

**Signature:** Glenn Kurdziel

**Name of Signer:** Glenn Kurdziel

**Title:** Controller and Chief Financial Officer