# EDGAR Filing Document

**Accession Number:** 0000701817
**File Stem:** 0002048251-25-001428
**Filing Date:** 2025-10
**Character Count:** 33958
**Document Hash:** 13772c265b689794eb8694750101688d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-001428.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0002048251-25-001428

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEI TAX EXEMPT TRUST
- **CENTRAL INDEX KEY:** 0000701817

**ORGANIZATION NAME:**
- **EIN:** 236741646
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03447
- **FILM NUMBER:** 251432925

**BUSINESS ADDRESS:**
- **STREET 1:** SEI INVESTMENTS
- **STREET 2:** 1 FREEDOM VALLEY CIRCLE
- **CITY:** OAK
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 610 676-3097

**MAIL ADDRESS:**
- **STREET 1:** SEI INVESTMENTS
- **STREET 2:** 1 FREEDOM VALLEY CIRCLE
- **CITY:** OAK
- **STATE:** PA
- **ZIP:** 19456

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRUSTFUNDS TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19890123

## Series and Classes Contracts Data

### STET MASSACHUSETTS MUNICIPAL BOND FUND (Series ID: S000006432)

| Class ID   | Class Name                                                                               | Ticker Symbol   |
|:---|:---|:---|
| C000017627 | STET MASSACHUSETTS MUNICIPAL BOND FUND - CLASS F, effective 1-31-2017 (formerly Class A) | SMAAX           |
| C000147413 | STET MASSACHUSETTS MUNICIPAL BOND FUND - CLASS Y                                         | SMSYX           |

## 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 TAX EXEMPT TRUST

- **b. Investment Company Act file number:** 811-03447

- **c. CIK number of Registrant:** 0000701817

- **d. LEI of Registrant:** 549300HVETA65JWIV692

- **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:** MASSACHUSETTS MUNICIPAL BOND FUND

- **b. EDGAR series identifier (if any):** S000006432

- **c. LEI of Series:** 549300GWGIN8GN3UCM76

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $60235329.27

**Total Liabilities:** $125017.36

**Net Assets:** $60110311.91

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -83.07518209 | **1-Year:** -3299.07619127 | **5-Year:** -13394.70193904 | **10-Year:** -13794.45344949 | **30-Year:** -346.46144454

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -1.32179505 | **1-Year:** -25.54041732 | **5-Year:** -294.84115530 | **10-Year:** -562.39618473 | **30-Year:** -3.90103268

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000147413 | 0.78%                | 0.38%                | 0.98%                |
| Class ID C000017627 | 0.76%                | 0.27%                | 0.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9569.91                | $376633.48                                 |
| Month 2  | $-3518.06                | $77262.65                                  |
| Month 3  | $-19278.60               | $497962.65                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BMK1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    440000 | PA      | $474247.09    | 0.79%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YUT4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029016.30   | 1.71%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HINGHAM MASS                                        | HINGHAM MA TOWN OF HINGHAM MA                                                     | CUSIP: 433344VN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    340000 | PA      | $354430.04    | 0.59%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH ED LN REV               | MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY       | CUSIP: 57563RSE0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    850000 | PA      | $890028.54    | 1.48%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584XWE7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $202871.00    | 0.34%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH ED LN REV               | MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY       | CUSIP: 57563RUA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    375000 | PA      | $401982.64    | 0.67%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUN WHSL ELEC CO REV                  | MASSACHUSETTS ST MUNI WHOLESAL MASSACHUSETTS MUNICIPAL WHOLESALE ELECTRIC CO      | CUSIP: 575766AJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    440000 | PA      | $490025.14    | 0.82%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YWK1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088528.90   | 1.81%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BML9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    670000 | PA      | $714343.28    | 1.19%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YSX8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    585000 | PA      | $622741.98    | 1.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                    | MASSACHUSETTS ST COMMONWEALTH OF MASSACHUSETTS                                    | CUSIP: 57582RJ72<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1120772.80   | 1.86%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BDS4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    610000 | PA      | $641860.91    | 1.07%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS REV              | MASSACHUSETTS BAY MA TRANSPRTN MASSACHUSETTS BAY TRANSPORTATION AUTHORITY ASSESSM | CUSIP: 575577HX2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $567252.15    | 0.94%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TR                       | MASSACHUSETTS ST CLEAN WTR TRU MASSACHUSETTS CLEAN WATER TRUST/THE                | CUSIP: 575829FV3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1478895.16   | 2.46%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEPT TRANSN MET HWY SYS REV           | MASSACHUSETTS ST DEPT OF TRANS MASSACHUSETTS TRANSPORTATION TRUST FUND METROPOLIT | CUSIP: 57563CDH2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1087258.40   | 1.81%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODS HOLE MARTHAS VINEYARD & NANTUCKET MASS SS BDS | WOODS HOLE MA MARTHAS VINEYARD WOODS HOLE MARTHAS VINEYARD & NANTUCKET STEAMSHIP  | CUSIP: 980116MS3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1263542.15   | 2.10%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS REV              | MASSACHUSETTS BAY MA TRANSPRTN MASSACHUSETTS BAY TRANSPORTATION AUTHORITY ASSESSM | CUSIP: 575577HY0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $861076.80    | 1.43%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                    | MASSACHUSETTS ST COMMONWEALTH OF MASSACHUSETTS                                    | CUSIP: 57582R6A9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    565000 | PA      | $637184.80    | 1.06%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                    | MASSACHUSETTS ST COMMONWEALTH OF MASSACHUSETTS                                    | CUSIP: 57582RW85<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2812366.50   | 4.68%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YR27<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115708.50   | 1.86%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WORCESTER MASS                                      | WORCESTER MA CITY OF WORCESTER MA                                                 | CUSIP: 981306YB3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    285000 | PA      | $294939.60    | 0.49%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY MASS BLDG AUTH REV                       | UNIV OF MASSACHUSETTS MA BLDG UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY      | CUSIP: 914437TS7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    600000 | PA      | $642268.44    | 1.07%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRI-CNTY REGL VOCATIONAL TECHNICAL SCH DIST MASS    | TRI-COUNTY MA REGL VOTECH SCH TRI-COUNTY REGIONAL VOCATIONAL TECHNICAL SCHOOL DI  | CUSIP: 895541CN8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    775000 | PA      | $841510.73    | 1.40%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584XMG3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $509044.90    | 0.85%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                 | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A | Long             | STIV             | RF                | US        |    337118 | NS      | $337118.49    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH REV                      | MASSACHUSETTS ST PORT AUTH MASSACHUSETTS PORT AUTHORITY                           | CUSIP: 575896TA3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060516.00   | 1.76%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BAM0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1302690.25   | 2.17%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST TRANSN FD REV                      | MASSACHUSETTS ST TRANSPRTN FUN COMMONWEALTH OF MASSACHUSETTS TRANSPORTATION FUND  | CUSIP: 57604TKY1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106944.00   | 1.84%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                    | MASSACHUSETTS ST COMMONWEALTH OF MASSACHUSETTS                                    | CUSIP: 57582RJ80<br>LEI: N/A | Long             | DBT              | MUN               | US        |    345000 | PA      | $382534.59    | 0.64%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YPG8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085431.70   | 1.81%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST WTR RES AUTH                       | MASSACHUSETTS ST WTR RESOURCES MASSACHUSETTS WATER RESOURCES AUTHORITY            | CUSIP: 576051L46<br>LEI: N/A | Long             | DBT              | MUN               | US        |    510000 | PA      | $566492.65    | 0.94%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BBA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    350000 | PA      | $388250.07    | 0.65%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                    | MASSACHUSETTS ST COMMONWEALTH OF MASSACHUSETTS                                    | CUSIP: 57582RW93<br>LEI: N/A | Long             | DBT              | MUN               | US        |    210000 | PA      | $234308.74    | 0.39%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH WTR & WASTEWTR SYS REV        | GUAM GOVT WTRWKS AUTH WTR & WS GUAM GOVERNMENT WATERWORKS AUTHORITY               | CUSIP: 40065FDW1<br>LEI: N/A | Long             | DBT              | MUN               | GU        |    400000 | PA      | $426845.88    | 0.71%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH REV                      | MASSACHUSETTS ST PORT AUTH MASSACHUSETTS PORT AUTHORITY                           | CUSIP: 575896UU7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060516.00   | 1.76%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH SPL FACS REV             | MASSACHUSETTS ST PORT AUTH SPL MASSACHUSETTS PORT AUTHORITY                       | CUSIP: 575898DE8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    840000 | PA      | $904328.29    | 1.50%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUN WHSL ELEC CO REV                  | MASSACHUSETTS ST MUNI WHOLESAL MASSACHUSETTS MUNICIPAL WHOLESALE ELECTRIC CO      | CUSIP: 575766BH2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    275000 | PA      | $302475.06    | 0.50%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV    | MASSACHUSETTS ST BAY TRANSPRTN MASSACHUSETTS BAY TRANSPORTATION AUTHORITY SALES T | CUSIP: 575579Z34<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113464.20   | 1.85%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH REV                      | MASSACHUSETTS ST PORT AUTH MASSACHUSETTS PORT AUTHORITY                           | CUSIP: 575896SC0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038963.20   | 1.73%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584Y6K0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    650000 | PA      | $714774.45    | 1.19%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUN WHSL ELEC CO REV                  | MASSACHUSETTS ST MUNI WHOLESAL MASSACHUSETTS MUNICIPAL WHOLESALE ELECTRIC CO      | CUSIP: 575766BF6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    200000 | PA      | $224768.76    | 0.37%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584X8M6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1573632.75   | 2.62%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BDR6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    600000 | PA      | $622680.84    | 1.04%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH REV                      | MASSACHUSETTS ST PORT AUTH MASSACHUSETTS PORT AUTHORITY                           | CUSIP: 575896SD8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $258916.00    | 0.43%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV    | MASSACHUSETTS ST BAY TRANSPRTN MASSACHUSETTS BAY TRANSPORTATION AUTHORITY SALES T | CUSIP: 575579K48<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1131142.10   | 1.88%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority       | MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY       | CUSIP: 57563RLY3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $400167.84    | 0.67%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH SPL FACS REV             | MASSACHUSETTS ST PORT AUTH SPL MASSACHUSETTS PORT AUTHORITY                       | CUSIP: 575898DC2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036436.10   | 1.72%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YZ44<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1247912.79   | 2.08%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TR                       | MASSACHUSETTS ST CLEAN WTR TRU MASSACHUSETTS CLEAN WATER TRUST/THE                | CUSIP: 575829HM1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    800000 | PA      | $875213.12    | 1.46%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BEZ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097860.20   | 1.83%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TR                       | MASSACHUSETTS ST CLEAN WTR TRU MASSACHUSETTS CLEAN WATER TRUST/THE                | CUSIP: 575829LA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1141980.50   | 1.90%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BAA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3373052.70   | 5.61%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV        | MASSACHUSETTS ST SPL OBLG DEDI COMMONWEALTH OF MASSACHUSETTS                      | CUSIP: 576002BP3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    350000 | PA      | $394153.66    | 0.66%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH ED LN REV               | MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY       | CUSIP: 57563RTT6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063702.90   | 1.77%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUN WHSL ELEC CO REV                  | MASSACHUSETTS ST MUNI WHOLESAL MASSACHUSETTS MUNICIPAL WHOLESALE ELECTRIC CO      | CUSIP: 575766BG4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $277291.55    | 0.46%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TR                       | MASSACHUSETTS ST CLEAN WTR TRU MASSACHUSETTS CLEAN WATER TRUST/THE                | CUSIP: 575829LB0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1149296.80   | 1.91%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BJJ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063842.30   | 1.77%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BKD9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138703.00   | 1.89%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584Y7L7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $443478.12    | 0.74%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOSTON MASS                                         | BOSTON MA CITY OF BOSTON MA                                                       | CUSIP: 100853ZW3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1598447.55   | 2.66%             | 2031-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUN WHSL ELEC CO REV                  | MASSACHUSETTS ST MUNI WHOLESAL MASSACHUSETTS MUNICIPAL WHOLESALE ELECTRIC CO      | CUSIP: 575766AH3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    410000 | PA      | $456715.15    | 0.76%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YAE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028211.10   | 1.71%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV    | MASSACHUSETTS ST BAY TRANSPRTN MASSACHUSETTS BAY TRANSPORTATION AUTHORITY SALES T | CUSIP: 575579U47<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1718721.45   | 2.86%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584Y6Z7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1143878.90   | 1.90%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HINGHAM MASS                                        | HINGHAM MA TOWN OF HINGHAM MA                                                     | CUSIP: 433344VP0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    320000 | PA      | $332091.04    | 0.55%             | 2031-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH REV                      | MASSACHUSETTS ST PORT AUTH MASSACHUSETTS PORT AUTHORITY                           | CUSIP: 575896TB1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $539371.60    | 0.90%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                    | MASSACHUSETTS ST COMMONWEALTH OF MASSACHUSETTS                                    | CUSIP: 57582R6U5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $831703.80    | 1.38%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57584YVD8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    210000 | PA      | $227998.49    | 0.38%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                    | MASSACHUSETTS ST DEV FIN AGY R MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BNP9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    250000 | PA      | $280154.70    | 0.47%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                    | MASSACHUSETTS ST COMMONWEALTH OF MASSACHUSETTS                                    | CUSIP: 57582RVR4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    310000 | PA      | $326777.63    | 0.54%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUN WHSL ELEC CO REV                  | MASSACHUSETTS ST MUNI WHOLESAL MASSACHUSETTS MUNICIPAL WHOLESALE ELECTRIC CO      | CUSIP: 575766BE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    380000 | PA      | $428121.19    | 0.71%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-31

**Name of Applicant:** SEI TAX EXEMPT TRUST

**Signature:** Glenn Kurdziel

**Name of Signer:** Glenn Kurdziel

**Title:** Controller and Chief Financial Officer