Annual Report - SEI

U.S. High Yield Bond Fund
Statements of Net Assets
AS AT DECEMBER 31
(in thousands of dollars except per unit data)
2009
ASSETS
Investments at fair value $ 105,612
Cash including foreign currency holdings, at fair value 10,643
Accrued interest receivable 2,127
Receivable for unit subscriptions 110
118,492
LIABILITIES
Accrued liabilities 28
Payable for portfolio securities purchased 692
Payable for unit redemptions 220
940
NET ASSETS REPRESENTING
UNITHOLDERS’ EQUITY $ 117,552
NET ASSETS PER CLASS
(Class O) $ 109,487
(Class P) $ 7,847
(Class F) $ 218
NET ASSETS PER UNIT (note 7)
(Class O) $ 10.17
(Class P) $ 10.15
(Class F) $ 10.17
INVESTMENTS AT AVERAGE COST $ 104,384
Statements of Operations
FOR THE PERIOD FROM SEPTEMBER 11, 2009
(Commencement) TO DECEMBER 31
(in thousands of dollars except per unit data)
2009
INVESTMENT INCOME
Interest $ 2,364
EXPENSES
Custodian and administration fees 24
Legal fees 12
Audit fees 2
Management fees 55
Security holder reporting costs 2
95
NET INVESTMENT INCOME (LOSS)
FOR THE PERIOD $ 2,269
NET GAIN (LOSS) ON SALES OF SECURITIES $ 223
NET GAIN (LOSS) ON FOREIGN EXCHANGE $ (770)
UNREALIZED APPRECIATION (DEPRECIATION)
OF INVESTMENTS $ 1,228
NET GAIN (LOSS) ON INVESTMENTS $ 681
NET INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS $ 2,950
INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS
(Class O) $ 2,725
(Class P) $ 218
(Class F) $ 7
INCREASE (DECREASE) IN NET ASSETS
FROM OPERATIONS PER UNIT*
(Class O) $ 0.29
(Class P) $ 0.29
(Class F) $ 0.32
* Based on the weighted average number of units outstanding during the period.
(See accompanying notes)
SUHY
104