0001104659-10-001660.txt : 20110811 0001104659-10-001660.hdr.sgml : 20110811 20100114135456 ACCESSION NUMBER: 0001104659-10-001660 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEI LIQUID ASSET TRUST CENTRAL INDEX KEY: 0000354603 IRS NUMBER: 232184253 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 1FREEDOM VALLEY DRIVE CITY: OAKS STATE: PA ZIP: 19456-1100 BUSINESS PHONE: 610 676-3097 MAIL ADDRESS: STREET 1: 1FREEDOM VALLEY DRIVE CITY: OAKS STATE: PA ZIP: 19456-1100 FORMER COMPANY: FORMER CONFORMED NAME: TRUSTFUNDS LIQUID ASSET TRUST DATE OF NAME CHANGE: 19890123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEI TAX EXEMPT TRUST CENTRAL INDEX KEY: 0000701817 IRS NUMBER: 236741646 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: CORRESP 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEI DAILY INCOME TRUST /MA/ CENTRAL INDEX KEY: 0000701939 IRS NUMBER: 236756825 STATE OF INCORPORATION: MA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 2 OLIVER ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 8003425734 MAIL ADDRESS: STREET 1: SEI CASH & PLUS TRUST STREET 2: ONE FREEDOM VALLEY DRIVE CITY: OAKS STATE: PA ZIP: 19456 FORMER COMPANY: FORMER CONFORMED NAME: SEI CASH & PLUS TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: TRUSTFUNDS CASH & PLUS TRUST DATE OF NAME CHANGE: 19890123 FORMER COMPANY: FORMER CONFORMED NAME: CASH PLUS TRUST DATE OF NAME CHANGE: 19860827 CORRESP 1 filename1.htm

 

1701 Market Street

 

Morgan, Lewis

Philadelphia, PA 19103-2921

 

& Bockius LLP

215.963.5000

 

Counselors at Law

Fax: 215.963.5001

 

 

 

John J. O’Brien

Associate

215.963.4969

 

January 14, 2010

 

FILED AS EDGAR CORRESPONDENCE

 

Sheila Stout

Division of Investment Company Regulation

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, D.C.  20549

 

Re:                              Response Letter to Comments on SEI Daily Income Trust (File Nos. 002-77048 and 811-03451), SEI Liquid Asset Trust (File Nos. 002-73428 and 811-03231) and SEI Tax Exempt Trust (File Nos. 002-76990 and 811-03447) (collectively, the “SEI Trusts”) Form N-SARs

 

Dear Ms. Stout:

 

This letter responds to the comment you provided to me during a telephonic discussion on Tuesday, January 5, 2010, with respect to the SEI Daily Income Trust’s (“SDIT”) Form N-SAR filing for the period ended July 31, 2009, filed with the Securities and Exchange Commission (“SEC”) on September 29, 2009.  Your comment and our response to your comment is set forth below.

 

Comment:  Item 74W of Form N-SAR requires money market funds to disclose their mark-to-market net asset value to four decimal places.  The Treasury, Government II and Prime Obligation Funds, each a series of SDIT, each discloses $1.0000 as its response to Item 74W in its most recently filed Form N-SAR, which covers the period ending July 31, 2009.  Please confirm the accuracy of these responses.  In addition, with respect to any other money market fund of the SEI Trusts, please confirm the accuracy of such fund’s response to Item 74W in each SEI Trust’s most recently filed Form N-SAR.  If each of these responses is correct, please provide confirmation of this fact to the SEC staff via an EDGAR correspondence filing.  If any of these Item 74W responses are incorrect, please review the Item 74W responses included in the applicable SEI Trust’s four previous Form N-SAR filings for accuracy and, as applicable, file amended Form N-SARs to correct any inaccurate responses and an EDGAR correspondence explaining the corrective action taken.

 

Response:  In response to your request, each of the SEI Trusts has reviewed its most recently filed Form N-SAR.  Based on this review, (a) SDIT confirms the accuracy of its responses to Item 74W in the Form N-SAR for the period ending July 31, 2009, with respect to the Money Market, Prime Obligation, Government, Government II, Treasury, and Treasury II Funds, each a series of SDIT; (b) SEI Liquid Asset Trust confirms the accuracy of its response to Item 74W in its Form

 


 

N-SAR for the period ending June 30, 2009, filed with the SEC on August 31, 2009, with respect to the Prime Obligation Fund, a series of the SEI Liquid Asset Trust; and (c) SEI Tax Exempt Trust confirms the accuracy of its responses to Item 74W in its Form N-SAR for the period ending August 31, 2009, filed with the SEC on October 30, 2009, with respect to the Tax Free and Institutional Tax Free Funds, each a series of the SEI Tax Exempt Trust.

 

I hereby acknowledge on behalf of the SEI Trusts that: (i) the SEI Trusts are responsible for the adequacy and accuracy of the disclosure in their Form N-SAR filings; (ii) SEC staff comments or changes to disclosure in response to staff comments in Form N-SAR filings reviewed by the staff do not foreclose the SEC from taking any action with respect to the Form N-SAR filings; and (iii) the SEI Trusts may not assert SEC staff comments as a defense in any proceeding initiated by the SEC or any person under the federal securities laws of the United States.

 

Very truly yours,

 

/s/ John J. O’Brien

 

John J. O’Brien

 

 

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