N-CSRS

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSRS

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT

INVESTMENT COMPANIES

Investment Company Act file number 811-03451

SEI Daily Income Trust

(Exact name of registrant as specified in charter)

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

(Address of principal executive offices) (Zip code)

c/o CT Corporation

101 Federal Street

Boston, MA 02110

(Name and address of agent for service)

Registrant’s telephone number, including area code: 1-800-342-5734

Date of fiscal year end: January 31, 2016

Date of reporting period: July 31, 2015

Item 1. Reports to Stockholders.

July 31, 2015

SEMI-ANNUAL REPORT

SEI Daily Income Trust

➤ Money Market Fund

➤ Government Fund

➤ Government II Fund

➤ Prime Obligation Fund

➤ Treasury Fund

➤ Treasury II Fund

➤ Ultra Short Duration Bond Fund

➤ Short-Duration Government Fund

➤ Intermediate-Duration Government Fund

➤ GNMA Fund

Schedule of Investments	1
Statements of Assets & Liabilities	40
Statements of Operations	42
Statements of Changes in Net Assets	44
Financial Highlights	48
Notes to Financial Statements	52
Disclosure of Fund Expenses	60

The Trust files its complete schedule of portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q within sixty days after the end of the period. The Trust’s Forms N-Q are available on the Commission’s website at http://www.sec.gov, and may be reviewed and copied at the Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

Since the Funds in SEI Daily Income Trust typically hold only fixed income securities, they generally are not expected to hold securities for which they may be required to vote proxies. Regardless, in light of the possibility of the possibility that a Fund could hold a security for which a proxy is voted, the Trust has adopted proxy voting policies. A description of the policies and procedures that the Trust uses to determine how to vote proxies relating to portfolios securities, as well as information relating to how a Fund voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, is available (i) without charge, upon request, by calling 1-800-DIAL-SEI; and (ii) on the Commission’s website at http://www.sec.gov.

SCHEDULE OF INVESTMENTS (Unaudited)

Money Market Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
CERTIFICATES OF DEPOSIT — 33.1%
ANZ New Zealand International
0.269%, 08/05/15 (A)	$	2,000	$	2,000
0.349%, 08/29/15 (A) (C)		1,452		1,452
Bank of Montreal
0.278%, 08/04/15 (A)		2,000		2,000
0.210%, 09/10/15		2,820		2,820
0.190%, 09/14/15		1,850		1,850
0.190%, 09/15/15		2,000		2,000
Bank of Nova Scotia
0.260%, 08/01/15 (A)		1,000		1,000
0.250%, 08/01/15 (A)		2,700		2,700
0.289%, 08/04/15 (A)		101		101
0.298%, 08/09/15 (A)		286		286
0.279%, 09/04/15 (A)		2,000		2,000
Bank of Tokyo-Mitsubishi UFJ NY
0.327%, 08/01/15 (A)		1,200		1,200
0.317%, 08/01/15 (A)		2,300		2,300
0.250%, 09/08/15		3,000		3,000
BMO Harris Bank
0.300%, 08/03/15		135		135
BNZ International Funding
0.347%, 08/02/15 (A)		1,102		1,102
DNB Bank
0.120%, 08/05/15		7,600		7,600
Fairway Finance LLC
0.268%, 08/20/15 (A)		355		355
HSBC Bank
0.200%, 08/10/15		2,000		2,000
0.230%, 09/01/15		1,000		1,000
JPMorgan Securities LLC
0.287%, 08/01/15 (A)		1,000		1,000
0.338%, 08/04/15 (A)		1,500		1,500
0.308%, 08/04/15 (A)		1,700		1,700
0.331%, 08/31/15 (A)		1,000		1,000
Mizuho Bank
0.260%, 08/07/15		2,000		2,000
0.270%, 08/11/15		1,264		1,264
0.260%, 09/08/15		3,000		3,000
0.270%, 09/25/15		1,450		1,450
National Bank of Canada
0.320%, 08/20/15		340		340
Old Line Funding
0.281%, 08/03/15 (A)		830		830
0.370%, 08/08/15 (A)		2,000		2,000

Description	Face Amount ($ Thousands)		Value ($ Thousands)
0.367%, 08/08/15 (A)	$	527	$	527
0.277%, 08/20/15 (A)		1,000		1,000
0.275%, 08/20/15 (A)		1,000		1,000
State Street Bank
0.347%, 08/11/15 (A)		1,000		1,000
0.327%, 08/15/15 (A)		3,000		3,000
0.329%, 08/06/15 (A)		2,000		2,000
Sumitomo Mitsui Banking
0.337%, 08/15/15 (A)		1,082		1,082
0.335%, 08/23/15 (A)		250		250
0.280%, 10/02/15		1,296		1,296
Svenska Handelsbanken
0.205%, 09/01/15		4,300		4,300
0.245%, 09/30/15		3,582		3,582
0.245%, 10/09/15		427		427
Toronto-Dominion Bank
0.220%, 09/17/15		2,000		2,000
0.280%, 09/18/15		1,500		1,500
Toyota Motor Credit
0.267%, 08/02/15 (A)		1,300		1,300
0.268%, 08/19/15 (A)		1,055		1,055
0.271%, 08/27/15 (A)		710		710
Wells Fargo Bank
0.290%, 08/01/15 (A)		202		202
0.260%, 08/01/15 (A)		2,000		2,000
0.250%, 08/01/15 (A)		2,000		2,000
0.250%, 08/01/15 (A)		1,300		1,300
0.250%, 08/01/15 (A)		1,300		1,300
0.260%, 08/03/15		819		819
0.268%, 08/07/15 (A)		1,000		1,000
0.268%, 08/08/15 (A)		1,000		1,000
Total Certificates of Deposit (Cost $88,635) ($ Thousands)				88,635
TIME DEPOSITS — 21.8%
Australia & New Zealand Banking Group NY
0.080%, 08/03/15		8,000		8,000
Bank of Montreal
0.278%, 08/04/15 (A)		1,583		1,583
Citibank
0.090%, 08/03/15		12,000		12,000
Lloyds Bank PLC
0.060%, 08/03/15		12,887		12,887
Skandinaviska Enskilda Banken
0.080%, 08/03/15		12,000		12,000
Swedbank
0.070%, 08/03/15		12,000		12,000
Total Time Deposits (Cost $58,470) ($ Thousands)				58,470
COMMERCIAL PAPER — 18.2%
Albion Capital LLC
0.240%, 08/17/15 (C) (D)		1,000		1,000

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 1

SCHEDULE OF INVESTMENTS (Unaudited)

Money Market Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
0.210%, 08/26/15 (C) (D)	$	1,000	$	1,000
0.230%, 09/16/15 (C) (D)		445		445
BNZ International Funding
0.230%, 09/14/15 (C) (D)		3,000		2,999
Caisse Centrale Desjardins
0.220%, 09/14/15 (C) (D)		674		674
Chariot Funding LLC
0.330%, 11/30/15 (C) (D)		2,309		2,306
0.401%, 12/16/15 (C) (D)		3,000		2,995
CRC Funding
0.200%, 09/14/15 (C) (D)		698		698
Fairway Finance LLC
0.271%, 08/29/15 (A) (C) (D)		710		710
0.280%, 09/03/15 (C) (D)		399		399
JPMorgan Securities LLC
0.300%, 08/03/15 (C) (D)		1,000		1,000
0.270%, 09/08/15 (C) (D)		1,000		1,000
0.310%, 10/13/15 (C) (D)		2,500		2,498
Jupiter Securitization
0.331%, 11/30/15 to 12/01/15 (C) (D)		2,802		2,799
0.371%, 12/08/15 (C) (D)		1,000		999
Liberty Street Funding
0.300%, 10/26/15 (C) (D)		550		549
0.391%, 11/30/15 (C) (D)		719		718
0.381%, 12/03/15 to 12/21/15 (C) (D)		3,438		3,432
Manhattan Asset Funding
0.250%, 08/31/15 to 09/18/15 (B) (C) (D)		1,592		1,592
0.260%, 09/02/15 to 09/03/15 (C) (D)		2,200		2,199
0.220%, 09/15/15 (C) (D)		676		676
National Bank of Canada
0.300%, 09/17/15 (C) (D)		500		500
0.280%, 09/17/15 (C) (D)		3,000		2,999
Old Line Funding
0.240%, 09/04/15 to 09/10/15 (C) (D)		1,844		1,844
0.230%, 09/09/15 (C) (D)		410		410
Svenska Handelsbanken
0.210%, 09/08/15 (C) (D)		395		395
Thunder Bay Funding LLC
0.240%, 08/31/15 (C) (D)		568		568
0.230%, 09/08/15 to 09/09/15 (C) (D)		3,260		3,259
0.280%, 09/21/15 (C) (D)		753		753
0.401%, 12/01/15 (C) (D)		259		258
Toyota Motor Credit
0.200%, 09/14/15 (C) (D)		1,236		1,236
Victory Receivables
0.230%, 09/15/15 (C) (D)		1,000		1,000
Westpac Securities NZ
0.278%, 08/10/15 (A) (C) (D)		1,500		1,500

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Working Capital Management
0.230%, 09/02/15 (C) (D)	$	400	$	400
0.210%, 09/03/15 to 09/08/15 (C) (D)		2,347		2,347
0.200%, 09/09/15 (C) (D)		690		690
Total Commercial Paper (Cost $48,847) ($ Thousands)				48,847
CORPORATE OBLIGATIONS — 4.3%
American Honda Finance MTN
1.000%, 08/11/15 (B)		245		245
ANZ New Zealand International
1.850%, 10/15/15 (B)		375		376
Bank of Montreal
0.350%, 08/23/15 (A)		1,000		1,000
Bank of Nova Scotia
0.340%, 09/25/15 (A)		2,000		2,000
Caisse Centrale Desjardins
2.650%, 09/16/15 (B)		289		290
Canadian Imperial Bank Commerce
2.350%, 12/11/15		412		415
National Australia Bank
2.750%, 09/28/15 (B)		145		146
Shell International
0.349%, 08/10/15 (A)		378		378
Toronto-Dominion Bank
0.338%, 08/07/15 (A)		2,377		2,377
Wells Fargo Bank
0.330%, 08/09/15 (A)		3,000		3,000
Westpac Banking
3.000%, 08/04/15		913		913
1.125%, 09/25/15		316		316
Total Corporate Obligations (Cost $11,456) ($ Thousands)				11,456
U.S. GOVERNMENT AGENCY OBLIGATIONS — 2.6%
FFCB
0.200%, 08/01/15 (A)		760		760
0.207%, 08/11/15 (A)		2,190		2,191
0.182%, 08/16/15 (A)		2,700		2,700
0.237%, 08/24/15 (A)		1,110		1,110
FNMA
0.207%, 08/15/15 (A)		240		240
Total U.S. Government Agency Obligations (Cost $7,001) ($ Thousands)				7,001
MUNICIPAL BONDS — 1.4%
Arizona — 0.2%
Pima County, Industrial Development Authority, RB
0.240%, 08/05/15 (A)		600		600

2 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Iowa — 0.2%
Iowa State, Finance Authority, Ser C, RB
0.110%, 08/06/15 (A)	$	765	$	765
Iowa State, Finance Authority, Ser G, RB
0.110%, 08/06/15 (A)		15		15
				780
Massachusetts — 0.1%
Simmons College, Higher Education Authority, RB
0.140%, 08/06/15 (A)		185		185
Michigan — 0.4%
Kent, Hospital Finance Authority, Ser C, RB
0.020%, 08/05/15 (A)		1,005		1,005
Minnesota — 0.3%
Minnesota State, Office of Higher Education, Ser A, RB
0.120%, 08/06/15 (A)		700		700
New Hampshire — 0.1%
New Hampshire State, Health & Education Facilities Authority, Dartmouth College Project, Ser C, RB
0.140%, 08/05/15 (A)		190		190
New Jersey — 0.1%
North Hudson Sewage Authority, RB
0.120%, 08/06/15 (A)		150		150
New York — 0.0%
New York State, Housing & Finance Authority, RB
0.220%, 08/04/15 (A)		105		105
Total Municipal Bonds (Cost $3,715) ($ Thousands)				3,715
REPURCHASE AGREEMENTS — 14.6%
Goldman Sachs 0.140%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $8,118,095 (collateralized by various FNMA and FMAC obligations, ranging in par value $410,929 - $7,202,407, 2.351% - 3.500%, 11/01/26 - 06/01/45; with total market value $8,280,457) (E)		8,118		8,118

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Mistubishi 0.120%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $4,047,040 (collateralized by various FNMA obligations, ranging in par value $492,078 - $5,869,091, 3.000% - 3.500%, 07/01/26 - 07/01/43; with total market value $4,127,982) (E)	$	4,047	$	4,047
RBC Capital 0.150% dated 07/30/15, to be repurchased on 08/06/15, repurchase price $1,991,058 (collateralized by various corporate obligations*, ranging in par value $1,000 - $1,223,406, 0.436% - 6.375%, 07/15/16 - 03/15/24, with total market value of $2,090,783) (E)		1,991		1,991
RBC Capital 0.140%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $7,750,090 (collateralized by various FMAC, FNMA, and GNMA obligations, ranging in par value $1,000 - $3,362,543, 1.625% - 4.500%, 05/01/26 - 07/20/45; with total market value $7,905,092) (E)		7,750		7,750
TD Securities 0.150% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $7,750,097 (collateralized by a FMAC obligation, par value $8,936,233, 3.500%, 11/02/42, with total market value of $7,905,099) (E)		7,750		7,750
Wells Fargo 0.130%, dated 07/28/15, to be repurchased on 08/04/15, repurchase price $357,009 (collateralized by a U.S. Treasury Note, par value $357,900, 2.000%, 04/30/16, with total market value $364,219) (E)		357		357
Wells Fargo 0.130%, dated 07/29/15, to be repurchased on 08/05/15, repurchase price $1,413,036 (collateralized by a U.S. Treasury Note, par value $1,416,300, 2.000%, 04/30/16, with total market value $1,441,306) (E)		1,413		1,413

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 3

SCHEDULE OF INVESTMENTS (Unaudited)

Money Market Fund (Concluded)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Wells Fargo 0.160%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $7,750,103 (collateralized by a U.S. Treasury Note, par value $7,768,000, 2.000%, 04/30/16, with total market value $7,905,152) (E)	$	7,750	$	7,750
Total Repurchase Agreements (Cost $39,176) ($ Thousands)				39,176
Total Investments — 96.0% (Cost $257,300)($ Thousands)			$	257,300

* A summary of the corporate obligations used to collateralize repurchase agreements entered into by the Fund at July 31, 2015, is as follows:

Counterparty	Corporate Obligation	Rate			Maturity Date		Par Amount ($ Thousands)
RBC Capital	AGL Capital		6.375	%		07/15/16	$	1
	Amgen		2.200			05/22/19		94
	BNP Paribas		2.450			03/17/19		529
	Caterpillar Financial Services		0.435			08/28/15		17
	CDK Global		4.500			10/15/24		1
	Hospitality		5.000			08/15/22		1,223
	Hydro-Queen		9.400			02/01/21		2
	KKR Group		6.375			09/29/20		1
	McKesson		3.796			03/15/24		10
	Morgan Stanley		2.800			06/16/20		31
	Province of Ontario Canada		2.500			09/10/21		80
	Verizon Communications		2.450			11/01/22		13

Percentages are based on Net Assets of $268,063 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” These securities have been determined to be liquid under guidelines established by the Board of Trustees.

(C) The rate reported is the effective yield at time of purchase.

(D) Securities are held in connection with a letter of credit issued by a major bank.

(E) Tri-Party Repurchase Agreement.

FFCB — Federal Farm Credit Bank

FMAC — Financial Management Advisory Committee

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

LLC — Limited Liability Company

MTN — Medium Term Note

PLC — Public Limited Company

RB — Revenue Bond

As of July 31, 2015, all of the Fund’s investments were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. Generally Accepted Accounting Principles.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

The accompanying notes are an integral part of the financial statements.

4 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

SCHEDULE OF INVESTMENTS (Unaudited)

Government Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS — 37.2%
FFCB
0.210%, 08/01/15 (A)	$	1,710	$	1,710
0.187%, 08/01/15 (A)		10,527		10,527
0.250%, 08/01/15 (A)		310		310
0.187%, 08/01/15 (A)		5,540		5,540
0.200%, 08/01/15 (A)		13,480		13,480
0.212%, 08/02/15 (A)		1,750		1,750
0.215%, 08/03/15 (A)		1,705		1,706
0.165%, 08/03/15 (A)		4,000		4,000
0.205%, 08/03/15 (A)		15,738		15,741
0.160%, 08/03/15 (A)		855		855
0.218%, 08/05/15 (A)		3,770		3,772
0.198%, 08/06/15 (A)		5,821		5,821
0.283%, 08/06/15 (A)		490		491
0.206%, 08/08/15 (A)		2,385		2,385
0.217%, 08/08/15 (A)		3,420		3,421
0.187%, 08/08/15 (A)		706		706
0.179%, 08/09/15 (A)		12,335		12,335
0.207%, 08/11/15 (A)		3,605		3,606
0.217%, 08/11/15 (A)		4,030		4,032
0.212%, 08/13/15 (A)		175		175
0.217%, 08/13/15 (A)		37,345		37,375
0.206%, 08/14/15 (A)		8,250		8,251
0.182%, 08/16/15 (A)		8,170		8,170
0.196%, 08/17/15 (A)		1,940		1,940
0.226%, 08/17/15 (A)		4,525		4,525
0.300%, 08/17/15		1,000		1,000
0.236%, 08/17/15 (A)		2,370		2,371
0.198%, 08/18/15 (A)		1,090		1,090
0.218%, 08/18/15 (A)		3,000		3,000
0.158%, 08/19/15 (A)		6,895		6,894
0.188%, 08/19/15 (A)		4,330		4,330
0.278%, 08/19/15 (A)		8,960		8,966
0.188%, 08/20/15 (A)		7,000		7,000
0.218%, 08/20/15 (A)		11,337		11,344
0.258%, 08/20/15 (A)		5,027		5,030
0.214%, 08/22/15 (A)		2,979		2,979
0.190%, 08/23/15 (A)		5,900		5,899
0.237%, 08/24/15 (A)		958		958
0.227%, 08/24/15 (A)		1,900		1,900
0.232%, 08/24/15 (A)		8,240		8,245
0.221%, 08/25/15 (A)		13,989		14,001
0.210%, 08/26/15 (A)		895		895
0.221%, 08/26/15 (A)		175		175
0.209%, 08/29/15 (A)		6,000		6,001
0.250%, 09/10/15		13,365		13,365
1.500%, 11/16/15		275		276
4.875%, 12/16/15		5,656		5,755
0.440%, 12/28/15		2,000		2,002

Description	Face Amount ($ Thousands)		Value ($ Thousands)
FHLB
0.220%, 08/01/15 (A)	$	4,180	$	4,180
0.125%, 08/04/15		15,295		15,295
1.630%, 08/20/15		350		350
0.190%, 08/21/15		29,240		29,242
0.210%, 08/26/15		9,660		9,661
1.350%, 08/28/15		35		35
0.375%, 08/28/15		5,935		5,936
1.750%, 09/11/15		275		276
2.875%, 09/11/15		5,195		5,211
0.130%, 09/11/15		3,465		3,465
4.750%, 09/11/15		1,740		1,749
0.200%, 09/15/15		35,165		35,169
0.480%, 09/18/15		355		355
0.100%, 09/23/15		18,755		18,754
0.160%, 09/25/15		215		215
0.150%, 10/02/15		4,460		4,460
FHLB DN
0.065%, 08/07/15 (B)		25,000		25,000
0.145%, 08/09/15 (A) (B)		7,915		7,915
0.090%, 09/11/15 (B)		675		675
0.075%, 09/17/15 (B)		9,955		9,954
0.160%, 10/07/15 (B)		8,465		8,463
0.155%, 10/14/15 (B)		3,880		3,879
FHLMC
0.192%, 08/13/15 (A)		12,000		11,998
0.167%, 08/16/15 (A)		10,125		10,125
0.500%, 08/28/15		26,549		26,556
0.450%, 09/04/15		13,975		13,980
1.750%, 09/10/15		41,427		41,499
0.420%, 09/18/15		22,894		22,902
4.750%, 11/17/15		3,769		3,819
FHLMC DN
0.160%, 09/11/15 (B)		29,875		29,870
0.071%, 10/05/15 (B)		24,000		23,997
0.240%, 11/04/15 (B)		6,505		6,501
0.251%, 12/07/15 (B)		5,499		5,494
FHLMC MTN
0.500%, 09/25/15		10,145		10,151
FNMA
0.460%, 08/01/15 (A)		2,465		2,467
2.150%, 08/04/15		4,296		4,297
0.207%, 08/15/15 (A)		8,442		8,444
0.207%, 08/16/15 (A)		7,695		7,696
2.000%, 08/18/15		2,499		2,501
0.200%, 08/25/15 (A)		3,360		3,360
0.210%, 08/26/15 (A)		565		565
0.670%, 08/26/15		510		510
0.205%, 08/26/15 (A)		4,000		3,999
0.350%, 08/28/15		4,980		4,981
1.875%, 09/09/15		2,165		2,170
2.200%, 09/16/15		2,565		2,572
0.500%, 09/28/15		48,890		48,919
4.375%, 10/15/15		4,089		4,124

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 5

SCHEDULE OF INVESTMENTS (Unaudited)

Government Fund (Concluded)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
1.625%, 10/26/15	$	1,590	$	1,595
0.375%, 12/21/15		6,557		6,561
FNMA DN
0.150%, 09/23/15 (B)		535		535
Total U.S. Government Agency Obligations (Cost $768,527) ($ Thousands)				768,527
REPURCHASE AGREEMENTS — 56.5%
Bank of Nova Scotia 0.160%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $50,000,667 (collateralized by various FMAC, FHLB, and GNMA obligations, ranging in par value $10,000 - $35,233,107, 1.050% - 4.805%, 09/10/15 - 07/20/62; with total market value $51,004,642) (C)		50,000		50,000
Goldman Sachs 0.120%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $460,004,600 (collateralized by various FMAC, FNMA, FCSB, FHLB and FICO obligations, ranging in par value $1,000 - $89,465,000, 0.000% - 9.650%, 09/08/15 - 08/27/32; with total market value $469,205,335) (C)		460,000		460,000
Mitsubishi 0.110%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $450,004,125 (collateralized by FMAC, FNMA, FHLB, FCSB, GNMA and U.S. Treasury Notes, ranging in par value $100 - $349,373,730, 0.000% - 8.875%, 08/05/15 - 02/15/45, with total market value $459,004,271) (C)		450,000		450,000
TD Securities 0.130% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $100,001,083 (collateralized by U.S. Treasury Notes, ranging in par value $400 - $99,687,900, 1.250% - 3.000%, 10/31/15 - 05/15/45, with total market value of $102,001,165) (C)		100,000		100,000

Description	Face Amount ($ Thousands)		Value ($ Thousands)
TD Securities 0.120%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $110,001,100 (collateralized by a U.S. Treasury Notes, par value $113,752,800, 2.000%, 02/15/25, with total market value $112,201,129) (C)	$	110,000	$	110,000
Total Repurchase Agreements (Cost $1,170,000) ($ Thousands)				1,170,000
Total Investments — 93.7% (Cost $1,938,527)($ Thousands)			$	1,938,527

Percentages are based on Net Assets of $2,069,769 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) The rate reported is the effective yield at time of purchase.

(C) Tri-Party Repurchase Agreement.

DN — Discount Note

FCSB — Federal Farm Credit Banks Consolidated Systemwide Bonds

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortgage Corporation

FICO — Fair Isaac Credit Organization

FMAC — Financial Management Advisory Committee

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

MTN — Medium Term Note

As of July 31, 2015, all of the Fund’s investments were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. Generally Accepted Accounting Principles.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

The accompanying notes are an integral part of the financial statements.

6 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

SCHEDULE OF INVESTMENTS (Unaudited)

Government II Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS — 84.1%
FFCB
0.340%, 08/01/15 (A)	$	595	$	595
0.250%, 08/01/15 (A)		190		190
0.200%, 08/01/15 (A)		13,785		13,785
0.187%, 08/01/15 (A)		5,855		5,855
0.187%, 08/01/15 (A)		3,845		3,845
0.210%, 08/01/15 (A)		1,580		1,580
0.172%, 08/01/15 (A)		7,210		7,210
0.212%, 08/02/15 (A)		1,250		1,250
0.217%, 08/02/15 (A)		1,970		1,971
0.185%, 08/03/15 (A)		800		800
0.205%, 08/03/15 (A)		9,317		9,319
0.165%, 08/03/15 (A)		5,000		5,000
0.160%, 08/03/15 (A)		570		570
0.215%, 08/03/15 (A)		5,280		5,281
0.218%, 08/05/15 (A)		2,330		2,331
0.283%, 08/06/15 (A)		285		285
0.198%, 08/06/15 (A)		3,904		3,904
0.217%, 08/08/15 (A)		2,080		2,081
0.187%, 08/08/15 (A)		523		523
0.206%, 08/08/15 (A)		1,615		1,615
0.179%, 08/09/15 (A)		7,665		7,665
0.188%, 08/10/15 (A)		1,063		1,063
0.217%, 08/11/15 (A)		2,020		2,021
0.207%, 08/11/15 (A)		2,295		2,295
0.217%, 08/13/15 (A)		22,655		22,673
0.206%, 08/14/15 (A)		5,250		5,251
0.186%, 08/14/15 (A)		1,557		1,557
0.182%, 08/16/15 (A)		5,830		5,830
0.196%, 08/17/15 (A)		1,360		1,360
0.226%, 08/17/15 (A)		3,658		3,658
0.236%, 08/17/15 (A)		360		360
0.236%, 08/17/15 (A)		1,000		1,000
0.550%, 08/17/15		305		305
0.218%, 08/18/15 (A)		6,500		6,501
0.198%, 08/18/15 (A)		810		810
0.188%, 08/19/15 (A)		7,500		7,500
0.158%, 08/19/15 (A)		4,360		4,360
0.278%, 08/19/15 (A)		6,840		6,845
0.258%, 08/20/15 (A)		3,101		3,103
0.218%, 08/20/15 (A)		6,968		6,972
0.214%, 08/22/15 (A)		2,189		2,189
0.190%, 08/23/15 (A)		4,100		4,099
0.232%, 08/24/15 (A)		5,055		5,058
0.237%, 08/24/15 (A)		625		625
0.221%, 08/25/15 (A)		9,946		9,954
0.241%, 08/26/15 (A)		1,460		1,460
0.210%, 08/26/15 (A)		605		605

Description	Face Amount ($ Thousands)		Value ($ Thousands)
0.221%, 08/26/15 (A)	$	325	$	325
0.245%, 08/27/15 (A)		3,030		3,032
0.250%, 09/10/15		9,415		9,415
0.420%, 10/15/15		300		300
0.430%, 11/16/15		90		90
1.500%, 11/16/15		5,245		5,264
FFCB DN
0.050%, 08/24/15 (B)		1,455		1,455
FHLB
0.220%, 08/01/15 (A)		2,355		2,355
0.120%, 08/03/15		13,525		13,525
0.125%, 08/04/15		25,715		25,715
0.200%, 08/12/15		34,445		34,448
0.196%, 08/14/15 (A)		2,132		2,132
1.630%, 08/20/15		1,705		1,706
0.190%, 08/21/15		35,315		35,317
0.210%, 08/21/15		9,025		9,025
0.650%, 08/24/15		995		995
1.350%, 08/28/15		20		20
0.440%, 08/28/15		145		145
0.230%, 08/28/15		3,520		3,521
0.375%, 08/28/15		22,885		22,889
4.750%, 09/11/15		1,040		1,045
0.130%, 09/11/15		2,150		2,150
2.875%, 09/11/15		2,565		2,573
1.750%, 09/11/15		785		786
0.480%, 09/18/15		215		215
0.450%, 09/21/15		885		886
0.100%, 09/23/15		23,295		23,294
0.160%, 09/25/15		255		255
0.170%, 09/25/15		645		645
0.150%, 10/02/15		3,070		3,070
0.250%, 10/15/15		885		885
0.180%, 10/27/15		1,020		1,020
0.500%, 11/20/15		2,160		2,162
0.220%, 11/23/15		400		400
1.400%, 11/27/15		915		918
1.875%, 12/11/15		180		181
0.270%, 12/15/15		3,725		3,725
5.000%, 12/21/15		2,170		2,210
FHLB DN
0.050%, 08/03/15 (B)		33,260		33,260
0.063%, 08/05/15 (B)		10,153		10,153
0.060%, 08/07/15 (B)		58,384		58,382
0.145%, 08/09/15 (A) (B)		5,140		5,140
0.075%, 08/12/15 (B)		48,753		48,752
0.061%, 08/14/15 (B)		18,298		18,298
0.045%, 08/17/15 (B)		22,606		22,606
0.066%, 08/19/15 (B)		5,292		5,292
0.072%, 08/21/15 (B)		61,900		61,898
0.076%, 08/26/15 (B)		89,705		89,697
0.065%, 09/02/15 (B)		31,020		31,018
0.059%, 09/04/15 (B)		24,320		24,319
0.070%, 09/15/15 (B)		11,309		11,308

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 7

SCHEDULE OF INVESTMENTS (Unaudited)

Government II Fund (Concluded)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
0.069%, 09/16/15 (B)	$	33,516	$	33,513
0.081%, 09/17/15 (B)		13,883		13,882
0.090%, 10/02/15 (B)		1,103		1,103
0.149%, 10/07/15 (B)		6,933		6,931
0.099%, 10/09/15 (B)		2,380		2,380
0.136%, 10/14/15 (B)		6,015		6,013
0.100%, 10/20/15 (B)		19,685		19,681
0.095%, 10/21/15 (B)		6,313		6,312
0.112%, 10/28/15 (B)		13,017		13,013
0.230%, 11/02/15 (B)		2,965		2,963
0.240%, 11/06/15 (B)		1,080		1,079
0.225%, 12/01/15 (B)		4,304		4,301
0.271%, 12/08/15 (B)		180		180
FHLMC DN
0.053%, 10/05/15 (B)		18,817		18,815
Tennessee Valley Authority DN
0.051%, 08/04/15 (B)		67,850		67,850
0.060%, 08/25/15 (B)		3,780		3,780
Total U.S. Government Agency Obligations (Cost $1,023,122) ($ Thousands)				1,023,122
U.S. TREASURY OBLIGATIONS — 16.1%
U.S. Treasury Bills
0.030%, 08/20/15		18,125		18,125
0.050%, 08/27/15		15,150		15,149
U.S. Treasury Notes
4.250%, 08/15/15		18,860		18,891
0.250%, 08/15/15		80,213		80,220
1.250%, 08/31/15		6,297		6,303
0.375%, 08/31/15		56,567		56,582
Total U.S. Treasury Obligations (Cost $195,270) ($ Thousands)				195,270
Total Investments — 100.2% (Cost $1,218,392) ($ Thousands)			$	1,218,392

Percentages are based on Net Assets of $1,215,969 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) The rate reported is the effective yield at time of purchase.

DN — Discount Note

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortgage Corporation

As of July 31, 2015, all of the Fund’s investments were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. Generally Accepted Accounting Principles.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

The accompanying notes are an integral part of the financial statements.

8 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

SCHEDULE OF INVESTMENTS (Unaudited)

Prime Obligation Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
CERTIFICATES OF DEPOSIT — 46.0%
ANZ New Zealand International
0.269%, 08/05/15 (A)	$	57,519	$	57,519
0.349%, 08/29/15 (A)		30,078		30,078
Bank of Montreal
0.278%, 08/04/15 (A)		42,000		42,000
0.210%, 09/10/15		54,180		54,182
0.190%, 09/14/15		53,000		53,000
0.190%, 09/15/15		26,000		26,000
0.250%, 09/16/15		34,000		34,000
Bank of Nova Scotia
0.260%, 08/01/15 (A)		60,000		60,000
0.250%, 08/01/15 (A)		26,000		26,000
0.279%, 09/04/15 (A)		40,000		40,000
Bank of Tokyo-Mitsubishi UFJ NY
0.327%, 08/01/15 (A)		26,800		26,800
0.317%, 08/01/15 (A)		36,000		36,000
0.464%, 09/04/15 (A)		1,612		1,612
0.250%, 09/08/15		22,000		22,000
BMO Harris Bank
0.300%, 08/03/15		2,547		2,547
BNZ International Funding
0.347%, 08/02/15 (A)		22,552		22,552
DNB Bank
0.120%, 08/05/15		136,700		136,700
Fairway Finance LLC
0.268%, 08/20/15 (A)		7,750		7,750
0.258%, 08/24/15 (A)		29,000		29,000
HSBC Bank
0.200%, 08/10/15		44,000		44,000
0.230%, 09/01/15		80,500		80,500
JPMorgan Securities LLC
0.287%, 08/01/15 (A)		40,000		40,000
0.308%, 08/04/15 (A)		57,300		57,300
0.349%, 08/13/15 (A)		6,425		6,426
0.331%, 08/31/15 (A)		10,000		10,000
Mizuho Bank
0.260%, 08/07/15		45,000		45,000
0.270%, 08/11/15		26,362		26,362
0.270%, 09/10/15		9,166		9,166
0.270%, 09/25/15		37,950		37,951
0.280%, 10/01/15		4,000		4,000
0.270%, 10/07/15		34,000		34,001
National Bank of Canada
0.416%, 09/11/15 (A)		2,324		2,324

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Nordea Bank
0.250%, 09/08/15	$	25,000	$	25,001
0.245%, 09/17/15		5,399		5,399
0.240%, 09/28/15		34,064		34,066
0.295%, 10/29/15		35,000		35,000
Old Line Funding
0.281%, 08/03/15 (A)		17,000		17,000
0.370%, 08/08/15 (A)		23,000		22,999
0.267%, 08/13/15 (A)		8,000		8,000
0.277%, 08/20/15 (A)		16,000		16,000
0.275%, 08/20/15 (A)		16,000		16,000
0.267%, 08/26/15 (A)		25,000		25,000
Royal Bank of Canada MTN
0.259%, 08/11/15 (A)		49,750		49,750
State Street Bank
0.329%, 08/06/15 (A)		32,000		32,000
0.347%, 08/11/15 (A)		19,000		19,000
0.327%, 08/15/15 (A)		40,000		40,000
Sumitomo Mitsui Banking
0.310%, 08/03/15		15,000		15,000
0.336%, 08/14/15 (A)		25,000		25,000
0.337%, 08/15/15 (A)		23,504		23,504
0.180%, 08/31/15		4,390		4,390
0.320%, 09/11/15		2,994		2,994
0.280%, 10/02/15		27,256		27,256
Svenska Handelsbanken
0.225%, 08/28/15		45,000		45,000
0.205%, 09/01/15		17,000		17,000
0.210%, 09/02/15		26,000		26,000
0.260%, 09/16/15		5,000		5,000
0.215%, 09/16/15		26,724		26,724
0.225%, 09/24/15		45,000		45,001
0.245%, 09/30/15		66,418		66,420
0.245%, 10/09/15		8,573		8,573
Toronto-Dominion Bank
0.278%, 08/06/15 (A)		1,270		1,270
0.257%, 08/06/15 (A)		25,000		25,000
0.190%, 09/08/15		45,000		45,000
0.220%, 09/17/15		50,000		50,000
0.280%, 09/18/15		29,500		29,500
Toyota Motor Credit
0.267%, 08/02/15 (A)		20,700		20,700
0.278%, 08/05/15 (A)		40,000		40,003
0.268%, 08/19/15 (A)		22,934		22,934
0.271%, 08/27/15 (A)		42,000		42,000
Wells Fargo Bank
0.290%, 08/01/15 (A)		4,231		4,231
0.260%, 08/01/15 (A)		30,000		30,000
0.250%, 08/01/15 (A)		26,000		26,000
0.250%, 08/01/15 (A)		26,200		26,200
0.260%, 08/03/15		16,966		16,966
0.268%, 08/07/15 (A)		29,000		29,000
0.268%, 08/08/15 (A)		53,000		53,000
0.266%, 08/17/15 (A)		25,000		25,000

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 9

SCHEDULE OF INVESTMENTS (Unaudited)

Prime Obligation Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Westpac Securities NZ
0.277%, 08/11/15 (A)	$	32,010	$	32,010
Total Certificates of Deposit (Cost $2,306,661) ($ Thousands)				2,306,661
COMMERCIAL PAPER — 21.7%
Albion Capital LLC
0.150%, 08/07/15 (C) (D)		28,538		28,537
0.200%, 08/20/15 (C) (D)		1,521		1,521
0.240%, 08/26/15 (C) (D)		8,504		8,503
0.230%, 09/16/15 (C) (D)		8,846		8,843
ANZ New Zealand International
0.267%, 08/02/15 (A) (C) (D)		30,000		30,000
0.230%, 09/03/15 (C) (D)		414		414
Australia & New Zealand Banking Group NY
0.213%, 09/11/15 (C) (D)		6,000		5,999
BNZ International Funding
0.270%, 09/11/15 (C) (D)		36,000		35,989
CAFCO
0.210%, 09/14/15 (C) (D)		22,000		21,994
Chariot Funding LLC
0.331%, 11/30/15 (C) (D)		47,691		47,638
0.401%, 12/16/15 (C) (D)		55,000		54,916
Charta
0.220%, 09/01/15 (C) (D)		1,694		1,694
Ciesco
0.250%, 09/01/15 (C) (D)		8,506		8,504
DNB Bank
0.280%, 10/01/15 (C) (D)		15,000		14,993
Fairway Finance LLC
0.280%, 09/03/15 (C) (D)		8,251		8,249
0.250%, 09/14/15 (C) (D)		10,667		10,664
0.271%, 08/29/15 (A) (C) (D)		12,000		12,000
JPMorgan Securities LLC
0.376%, 09/19/15 (A) (C) (D)		58,870		58,878
0.300%, 08/03/15 (C) (D)		16,000		16,000
0.270%, 09/08/15 (C) (D)		41,000		40,988
Jupiter Securitization
0.331%, 11/30/15 to 12/01/15 (C) (D)		51,445		51,388
0.371%, 12/08/15 (C) (D)		31,000		30,959
Liberty Street Funding
0.300%, 10/26/15 (C) (D)		11,953		11,944
0.341%, 11/09/15 to 11/12/15 (C) (D)		20,304		20,285
0.391%, 11/30/15 (C) (D)		15,111		15,091
0.381%, 12/07/15 to 12/15/15 (C) (D)		47,599		47,531
Manhattan Asset Funding
0.210%, 08/28/15 (C) (D)		7,196		7,195
0.250%, 08/31/15 to 09/18/15 (C) (D)		27,449		27,441
0.206%, 09/01/15 (C) (D)		6,781		6,780

Description	Face Amount ($ Thousands)		Value ($ Thousands)
0.258%, 09/02/15 (C) (D)	$	38,731	$	38,722
0.260%, 09/03/15 to 09/08/15 (C) (D)		14,625		14,621
0.220%, 09/15/15 (C) (D)		4,300		4,299
Metlife
0.200%, 09/14/15 (C) (D)		13,568		13,565
National Bank of Canada
0.300%, 09/17/15 (C) (D)		8,000		8,000
0.280%, 09/17/15 (C) (D)		36,000		35,987
Old Line Funding
0.240%, 08/27/15 to 09/10/15 (C) (D)		81,034		81,016
0.230%, 09/09/15 (C) (D)		8,284		8,282
Regency Markets LLC
0.120%, 08/06/15 (C) (D)		15,487		15,487
0.170%, 08/18/15 (C) (D)		25,000		24,998
0.047%, 08/18/15 (C) (D)		19,976		19,976
Skandinaviska Enskilda Banken NY
0.250%, 10/08/15 (C) (D)		5,621		5,618
Swedbank
0.235%, 08/11/15 (C) (D)		1,255		1,255
Thunder Bay Funding LLC
0.230%, 09/08/15 to 09/09/15 (C) (D)		57,455		57,441
0.280%, 09/21/15 (C) (D)		16,907		16,900
0.401%, 12/01/15 (C) (D)		5,440		5,433
Victory Receivables
0.200%, 09/08/15 (C) (D)		15,000		14,997
0.230%, 09/15/15 (C) (D)		30,000		29,991
0.260%, 10/02/15 (C) (D)		598		598
Westpac Securities NZ
0.278%, 08/10/15 (A) (C) (D)		4,095		4,095
0.351%, 12/11/15 (C) (D)		8,385		8,374
Working Capital Management
0.230%, 09/02/15 (C) (D)		8,184		8,182
0.200%, 09/08/15 to 09/11/15 (C) (D)		32,382		32,375
Total Commercial Paper (Cost $1,085,150) ($ Thousands)				1,085,150
TIME DEPOSITS — 11.8%
Australia & New Zealand Banking Group NY
0.080%, 08/03/15		57,000		57,000
Bank of Montreal
0.278%, 08/04/15 (A)		35,865		35,865
Lloyds Bank PLC
0.060%, 08/03/15		250,000		250,000
Swedbank
0.070%, 08/03/15		248,000		248,000
Total Time Deposits (Cost $590,865) ($ Thousands)				590,865

10 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
CORPORATE OBLIGATIONS — 3.5%
American Honda Finance MTN
1.000%, 08/11/15 (B)	$	223	$	223
ANZ New Zealand International
1.850%, 10/15/15 (B)		5,194		5,210
ANZ New Zealand International MTN
3.125%, 08/10/15 (B)		1,475		1,476
Bank of Montreal MTN
0.800%, 11/06/15		532		533
Bank of Nova Scotia
0.260%, 08/01/15 (A)		15,000		15,000
0.726%, 09/11/15 (A)		1,547		1,548
0.340%, 09/25/15 (A)		26,000		26,000
0.750%, 10/09/15		367		367
Bank of Tokyo-Mitsubishi UFJ NY
2.450%, 09/11/15		6,402		6,417
Caisse Centrale Desjardins
2.650%, 09/16/15 (B)		4,772		4,785
Canadian Imperial Bank Commerce
0.900%, 10/01/15		4,164		4,167
2.350%, 12/11/15		8,226		8,284
HSBC Bank
0.449%, 08/15/15 (A)		3,776		3,777
National Australia Bank
2.750%, 09/28/15 (B)		7,375		7,403
Royal Bank of Canada MTM
0.800%, 10/30/15		4,907		4,913
Shell International
0.349%, 08/10/15 (A)		7,052		7,056
Toronto-Dominion Bank
0.338%, 08/07/15 (A)		15,000		15,000
Toyota Motor Credit MTN
0.436%, 09/18/15 (A)		1,215		1,215
Wells Fargo Bank
0.280%, 08/01/15 (A)		40,000		40,000
Westpac Banking
3.000%, 08/04/15		11,031		11,033
1.041%, 08/05/15 (A)		4,269		4,274
1.125%, 09/25/15		7,824		7,834
Total Corporate Obligations (Cost $176,515) ($ Thousands)				176,515
MUNICIPAL BONDS — 0.9%
Arizona — 0.1%
Pima County, Industrial Development Authority, RB
0.070%, 08/05/15 (A)		4,800		4,800
Colorado — 0.1%
Colorado State, Housing & Finance Authority, Ser A1, RB
0.120%, 08/05/15 (A)		800		800
0.120%, 08/05/15 (A)		2,290		2,290

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Colorado State, Housing & Finance Authority, Ser C1, RB
0.100%, 08/05/15 (A)	$	900	$	900
				3,990
Illinois — 0.0%
University of Illinois, Higher Education Authority, Ser S, RB
0.130%, 08/06/15 (A)		1,300		1,300
Iowa — 0.1%
Iowa State, Finance Authority, Ser B, RB
0.040%, 08/06/15 (A)		700		700
Iowa State, Finance Authority, Ser C, RB
0.110%, 08/06/15 (A)		4,915		4,915
Iowa State, Finance Authority, Ser G, RB
0.110%, 08/06/15 (A)		80		80
Iowa State, Finance Authority, Ser M, RB
0.130%, 08/06/15 (A)		450		450
				6,145
Massachusetts — 0.1%
Simmons College, Higher Education Authority, RB
0.140%, 08/06/15 (A)		2,320		2,320
Michigan — 0.2%
Kent, Hospital Finance Authority, Ser C, RB
0.020%, 08/05/15 (A)		14,940		14,940
New Hampshire — 0.1%
New Hampshire State, Health & Education Facilities Authority, Dartmouth College Project, Ser C, GO
0.140%, 08/05/15 (A)		2,945		2,945
New Jersey — 0.1%
North Hudson Sewage Authority, RB
0.120%, 08/06/15 (A)		2,885		2,885
New York — 0.0%
New York State, Housing & Finance Authority, RB
0.220%, 08/04/15 (A)		2,150		2,150
Wisconsin — 0.1%
Wisconsin State, Housing & Economic Development Authority, Ser B, RB
0.160%, 08/01/15 (A)		700		700

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 11

SCHEDULE OF INVESTMENTS (Unaudited)

Prime Obligation Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Wisconsin State, Housing & Economic Development Authority, Ser B, RB
0.140%, 08/06/15 (A)	$	840	$	840
Wisconsin State, Housing & Economic Development Authority, RB
0.160%, 08/06/15 (A)		980		980
				2,520
Total Municipal Bonds (Cost $43,995) ($ Thousands)				43,995
U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.3%
FFCB
0.200%, 08/01/15 (A)		13,390		13,389
FNMA
0.207%, 08/15/15 (A)		3,460		3,461
Total U.S. Government Agency Obligations (Cost $16,850) ($ Thousands)				16,850
REPURCHASE AGREEMENTS — 11.5%
Goldman Sachs 0.140%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $211,390,466 (collateralized by various FMAC, FNMA and GNMA obligations, ranging in par value $8,847,418 - $73,367,028, 2.550% - 5.000%, 05/01/30 - 07/01/45; with total market value $215,618,276) (E)		211,388		211,388
Mitsubishi 0.120%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $78,523,785 (collateralized by various FNMA and GNMA obligations, ranging in par value $571,440 - $528,146,432, 2.370% - 5.500%, 01/01/30 - 06/01/45; with total market value $80,094,261) (E)		78,523		78,523
RBC Capital 0.150%, dated 07/30/15, to be repurchased on 08/06/15, repurchase price $39,179,143 (collateralized by various corporate obligations*, ranging in par value $407 - $3,160,972, 0.923% - 10.179%, 01/15/18 - 04/15/25; with total market value $41,137,586) (E)		39,178		39,178

Description	Face Amount ($ Thousands)		Value ($ Thousands)
RBC Capital 0.140%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $63,802,744 (collateralized by various FMAC, FNMA and GNMA obligations, ranging in par value $1,626 - $25,223,194, 1.925% - 6.000%, 12/01/19 - 05/20/65; with total market value $65,078,800) (E)	$	63,802	$	63,802
TD Securities 0.150%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $44,250,553 (collateralized by various FMAC and FNMA obligations, ranging in par value $305,607 - $46,649,100, 3.500% - 4.000%, 11/01/42 - 12/01/44; with total market value $45,135,565) (E)		44,250		44,250
Wells Fargo 0.130%, dated 07/28/15, to be repurchased on 08/04/15, repurchase price $6,896,149 (collateralized by a U.S. Treasury Note, par value $6,912,100, 2.000%, 04/30/16, with total market value $7,034,140) (E)		6,896		6,896
Wells Fargo 0.130%, dated 07/29/15, to be repurchased on 08/05/15, repurchase price $27,704,700 (collateralized by FNMA and U.S. Treasury obligations, ranging in par value $2,584,700 - $20,744,448, 0.375% - 3.500%, 01/15/16 - 11/01/44, with total market value $28,258,652) (E)		27,704		27,704
Wells Fargo 0.160%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $104,251,390 (collateralized by FNMA, FMAC, FCSB, FHLB and U.S. Treasury obligations, ranging in par value $4,009,000 - $8,100,000, 0.000% - 3.250%, 01/20/16 - 05/30/18, with total market value $106,336,988) (E)		104,250		104,250
Total Repurchase Agreements (Cost $575,991) ($ Thousands)				575,991
Total Investments — 95.7% (Cost $4,796,027) ($ Thousands)			$	4,796,027

12 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

* A summary of the corporate obligations used to collateralize repurchase agreements entered into by the Fund at July 31, 2015, is as follows:

Counterparty	Corporate Obligation	Rate			Maturity Date		Par Amount ($ Thousands)
RBC Securities	Alterra Finance		6.250	%		09/30/20	$	171
	Amgen		3.450			10/01/20		115
	Bank of Montreal		1.400			04/10/18		699
	Bank of New York		2.100			01/15/19		597
	Barclays Bank		3.000			11/24/20		35
	Barclays Bank		10.179			06/12/21		11
	BAT International Finance		3.500			06/15/22		1,520
	BNP Paribas		2.450			03/17/19		494
	Cantor		7.875			10/15/19		1,055
	CDK		4.500			10/15/24		1,847
	Celgene		4.000			08/15/23		536
	CG CAP		1.286			03/15/23		256
	CISCO System		3.625			03/04/24		645
	Entergy		4.000			07/15/22		3,161
	Entertainment Properties		5.750			08/15/22		17
	GE Capital		0.923			02/15/25		235
	General Electric		5.500			01/08/20		2,727
	H.J. Heinz		2.800			07/02/20		440
	Hospitality		5.000			08/15/22		1
	Hyundai Capital		2.600			03/19/20		273
	Imperial Tobacco		2.050			07/20/18		22
	JPMorgan Chase		4.250			10/15/20		2,000
	KKR Group		6.375			09/29/20		147
	McKesson		3.796			03/15/24		25
	Monsato		2.850			04/15/25		300
	Morgan Stanley		2.800			06/16/20		134
	Morgan Stanley		7.300			05/13/19		1.00
	Nomura		6.700			05/04/20		73
	Oracle Corp		2.500			05/15/22		164
	Pen VA Resources Partners		8.375			06/01/20		2,582
	Plains All American Pipeline		3.650			06/01/22		—
	Province of Ontario		2.500			09/10/21		405
	Scottrade		6.125			07/11/21		3,482
	SOC		2.625			10/01/18		1,241
	Synchrony		4.500			07/23/25		461
	Time Warner		5.000			02/01/20		1,423
	Torchmark		9.250			06/15/19		1,303
	Toyota Motor		1.550			07/13/18		1
	UnitedHealth		3.750			07/15/25		264
	Ventas Realty		4.750			06/01/21		1,768
	Verizon Communications		2.450			11/01/22		201
	Verizon Communications		1.053			06/17/19		1,746
	Weatherford		4.500			04/15/22		733
	Wells Partnership		5.875			04/01/18		2,131
	Wellpoint		1.875			01/15/18		156
	Yum Brands		5.300			09/15/19		2,600

Percentages are based on Net Assets of $5,011,761 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” These securities have been determined to be liquid under guidelines established by the Board of Trustees.

(C) Securities are held in connection with a letter of credit issued by a major bank.

(D) The rate reported is the effective yield at time of purchase.

(E) Tri-Party Repurchase Agreement.

FCSB — Federal Farm Credit Banks Consolidated Systemwide Bonds

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FMAC — Financial Management Advisory Committee

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

LLC — Limited Liability Company

MTN — Medium Term Note

RB — Revenue Bond

Ser — Series

As of July 31, 2015, all of the Fund’s investments were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. Generally Accepted Accounting Principles.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

The accompanying notes are an integral part of the financial statements.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 13

SCHEDULE OF INVESTMENTS (Unaudited)

Treasury Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
U.S. TREASURY OBLIGATIONS — 10.1%
U.S. Treasury Notes
0.152%, 08/03/15 (A)	$	1,310	$	1,310
0.084%, 08/04/15 (A)		5,295		5,295
0.060%, 08/04/15 (A)		960		960
0.103%, 08/07/15 (A)		6,065		6,063
4.250%, 08/15/15		830		832
0.375%, 08/31/15		5,920		5,921
Total U.S. Treasury Obligations (Cost $20,381) ($ Thousands)				20,381
REPURCHASE AGREEMENTS — 82.7%
Bank of Montreal 0.130% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,000,195 (collateralized by U.S. Treasury Notes, ranging in par value $200 - $4,450,000, 0.500% - 9.875%, 11/15/15 - 05/15/39, with total market value of $18,360,211) (B)		18,000		18,000
Bank of Nova Scotia 0.150% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,000,225 (collateralized by U.S. Treasury Notes, ranging in par value $100 - $13,012,700, 2.000% - 3.125%, 11/15/21 - 02/15/42, with total market value of $18,360,303) (B)		18,000		18,000
Citibank 0.140% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,000,210 (collateralized by U.S. Treasury Notes, ranging in par value $100 - $12,440,100, 2.500% - 7.125%, 11/15/15 - 02/15/29, with total market value of $18,360,219) (B)		18,000		18,000
Credit Suisse 0.150% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,354,380 (collateralized by a U.S. Treasury Note, par value $18,330,000, 0.625%, 12/31/16, with total market value of $18,360,031) (B)		18,000		18,000

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Goldman Sachs 0.020% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,000,030 (collateralized by a U.S. Treasury Note, par value $18,268,700, 1.000%, 03/15/18, with total market value of $18,360,044) (B)	$	18,000	$	18,000
JPMorgan Chase 0.120% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,303,186 (collateralized by a U.S. Treasury Note, par value $18,150,000, 2.000%, 12/31/16, with total market value of $18,363,686) (B)		18,000		18,000
Mitsubishi 0.100% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,000,150 (collateralized by U.S. Treasury Notes, ranging in par value $100 - $3,650,700, 0.000% - 3.375%, 08/13/15 - 05/15/44, with total market value of $18,360,153) (B)		18,000		18,000
TD Securities 0.120% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $18,000,180 (collateralized by a U.S. Treasury Note, par value $17,048,700, 3.125%, 05/15/21, with total market value of $18,360,235) (B)		18,000		18,000
Wells Fargo 0.100% dated 06/11/15, to be repurchased on 09/09/15, repurchase price $1,000,250 (collateralized by U.S. Treasury Notes, ranging in par value $100 - $1,002,200, 0.000% - 2.000%, 12/17/15 - 01/31/22, with total market value of $1,020,192) (B)		1,000		1,000
Wells Fargo 0.100% dated 06/08/15, to be repurchased on 09/08/15, repurchase price $760,194 (collateralized by U.S. Treasury Notes, ranging in par value $100 - $761,800, 0.000% - 2.000%, 12/17/15 - 04/30/16, with total market value of $775,350) (B)		760		760

14 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Wells Fargo 0.140% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $19,000,222 (collateralized by U.S. Treasury Notes, ranging in par value $100 - $18,910,400, 0.000% - 2.625%, 12/17/15 - 01/31/22, with total market value of $19,380,248) (B)	$	19,000	$	19,000
Wells Fargo 0.110% dated 07/27/15, to be repurchased on 09/15/15, repurchase price $1,500,229 (collateralized by U.S. Treasury Notes, ranging in par value $300 - $1,503,200, 0.000% - 2.000%, 12/17/15 - 04/30/16, with total market value of $1,530,040) (B)		1,500		1,500
Total Repurchase Agreements (Cost $166,260) ($ Thousands)				166,260
Total Investments — 92.8% (Cost $186,641) ($ Thousands)			$	186,641

Percentages are based on Net Assets of $201,126 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) Tri-Party Repurchase Agreement.

As of July 31, 2015, all of the Fund’s investments were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. Generally Accepted Accounting Principles.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

The accompanying notes are an integral part of the financial statements.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 15

SCHEDULE OF INVESTMENTS (Unaudited)

Treasury II Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
U.S. TREASURY OBLIGATIONS — 99.7%
U.S. Treasury Bills
0.021%, 08/06/15 (B)	$	97,783	$	97,783
0.025%, 08/13/15 (B)		60,000		59,999
0.032%, 08/20/15 (B)		60,000		59,999
0.047%, 08/27/15 (B)		55,000		54,998
0.036%, 09/03/15 (B)		50,000		49,998
U.S. Treasury Notes
0.152%, 08/03/15 (A)		3,425		3,425
0.060%, 08/04/15 (A)		2,000		2,000
0.084%, 08/04/15 (A)		10,205		10,205
0.120%, 08/06/15 (A)		6,614		6,614
0.103%, 08/07/15 (A)		7,480		7,478
0.250%, 08/15/15		71,532		71,537
4.250%, 08/15/15		63,140		63,243
0.375%, 08/31/15		101,000		101,027
Total U.S. Treasury Obligations (Cost $588,306) ($ Thousands)				588,306
Total Investments — 99.7% (Cost $588,306) ($ Thousands)			$	588,306

Percentages are based on Net Assets of $589,785 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) The rate reported is the effective yield at time of purchase.

As of July 31, 2015, all of the Fund’s investments were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. Generally Accepted Accounting Principles.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

The accompanying notes are an integral part of the financial statements.

16 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
CORPORATE OBLIGATIONS — 49.1%
Consumer Discretionary — 1.2%
Autozone
1.300%, 01/13/17	$	350	$	350
NBCUniversal Enterprise
0.974%, 09/01/15 (A) (B)		575		576
0.826%, 10/15/15 (A) (B)		945		947
Thomson Reuters
0.875%, 05/23/16		350		350
1.650%, 09/29/17		300		300
Time Warner Cable
5.850%, 05/01/17		400		426
Whirlpool
1.350%, 03/01/17		335		335
				3,284
Consumer Staples — 1.9%
Anheuser-Busch InBev Finance
0.678%, 08/02/15 (A)		350		348
CVS Health
1.200%, 12/05/16		340		341
1.900%, 07/20/18		350		352
Heineken
0.800%, 10/01/15 (B)		375		375
JM Smucker
1.750%, 03/15/18 (B)		135		135
Mondelez International
0.798%, 08/01/15 (A)		450		445
PepsiCo
1.250%, 08/13/17		1,000		1,001
Philip Morris International
2.500%, 05/16/16		500		508
Reynolds American
2.300%, 06/12/18		445		449
SABMiller Holdings
0.968%, 08/01/15 (A) (B)		650		650
Walgreens Boots Alliance
1.750%, 11/17/17		685		687
				5,291
Energy — 3.1%
BP Capital Markets PLC
0.789%, 08/10/15 (A)		750		748
0.702%, 08/13/15 (A)		400		398

Description	Face Amount ($ Thousands)		Value ($ Thousands)
1.674%, 02/13/18	$	900	$	903
CNOOC Nexen Finance, Ser 2014
1.625%, 04/30/17		450		449
ConocoPhillips
1.500%, 05/15/18		340		339
Devon Energy
0.826%, 09/15/15 (A)		500		495
Enbridge
0.734%, 09/02/15 (A)		540		534
Energy Transfer Partners
2.500%, 06/15/18		325		325
Enterprise Products Operating LLC
1.250%, 08/13/15		45		45
Hess
1.300%, 06/15/17		300		296
Kinder Morgan
2.000%, 12/01/17		225		224
Petrobras Global Finance BV
2.643%, 09/17/15 (A)		800		771
Schlumberger Norge
1.250%, 08/01/17 (B)		145		145
Statoil
0.736%, 08/08/15 (A)		550		550
0.479%, 08/09/15 (A)		870		866
Total Capital Canada
0.669%, 10/17/15 (A)		180		180
Total Capital International
0.849%, 08/12/15 (A)		400		401
TransCanada PipeLines
1.076%, 10/12/15 (A)		495		496
0.750%, 01/15/16		350		350
				8,515
Financials — 29.9%
Abbey National Treasury Services PLC
0.796%, 09/13/15 (A)		1,610		1,608
ABN AMRO Bank
0.109%, 08/28/15 (A) (B)		400		402
0.689%, 09/08/15 (A) (B)		800		800
American Express Credit MTN
1.125%, 06/05/17		600		597
American Express Credit
0.836%, 09/18/15 (A)		300		298
0.789%, 10/29/15 (A)		1,060		1,061
American Honda Finance
0.657%, 08/26/15 (A) (B)		815		817
Australia & New Zealand Banking Group
0.834%, 08/15/15 (A)		375		376
0.663%, 10/10/15 (A) (B)		300		300
Banco Santander Chile
1.186%, 10/15/15 (A) (B)		500		498
Bank Nederlandse Gemeenten
0.625%, 07/18/16 (B)		1,300		1,301

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 17

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Bank of America
1.500%, 10/09/15	$	210	$	210
1.329%, 10/15/15 (A)		750		756
5.300%, 03/15/17		350		370
2.000%, 01/11/18		160		161
Bank of America MTN
0.892%, 08/25/15 (A)		700		699
1.700%, 08/25/17		200		201
5.650%, 05/01/18		90		98
Bank of Montreal MTN
0.883%, 10/09/15 (A)		500		501
0.536%, 10/14/15 (A)		250		249
Bank of Montreal
1.400%, 04/10/18		750		745
Bank of New York Mellon MTN
0.719%, 08/16/15 (A)		350		350
Bank of Nova Scotia
0.726%, 09/11/15 (A)		400		400
0.809%, 10/15/15 (A)		670		672
1.300%, 07/21/17		400		401
Bank of Tokyo-Mitsubishi UFJ
0.891%, 08/01/15 (A) (B)		200		200
0.732%, 08/26/15 (A) (B)		440		440
0.589%, 09/08/15 (A) (B)		325		324
1.450%, 09/08/17 (B)		325		324
Barclays Bank PLC
0.856%, 08/19/15 (A)		600		598
Barclays Bank PLC MTN
6.050%, 12/04/17 (B)		500		543
BB&T MTN
0.938%, 08/01/15 (A)		350		350
1.146%, 09/15/15 (A)		380		382
Berkshire Hathaway Finance
0.586%, 10/13/15 (A)		800		800
BNP Paribas MTN
0.878%, 09/12/15 (A)		550		551
BPCE MTN
1.129%, 08/10/15 (A)		700		703
Branch Banking & Trust
0.713%, 09/01/15 (A)		760		759
Capital One Bank USA
1.200%, 02/13/17		500		497
1.300%, 06/05/17		500		497
Citigroup
0.982%, 08/24/15 (A)		730		730
1.054%, 10/08/15 (A)		700		698
1.250%, 01/15/16		1,085		1,087
1.800%, 02/05/18		470		469
1.700%, 04/27/18		300		298
Citizens Bank MTN
1.600%, 12/04/17		650		649
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA
0.766%, 08/24/15 (A)		345		346
3.375%, 01/19/17		985		1,016

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Credit Agricole MTN
1.252%, 09/10/15 (A) (B)	$	700	$	699
1.133%, 10/03/15 (A) (B)		450		452
Credit Suisse MTN
0.586%, 09/11/15 (A)		960		959
0.969%, 10/29/15 (A)		500		499
Credit Suisse NY
1.700%, 04/27/18		500		498
Daimler Finance North America LLC
1.138%, 08/01/15 (A) (B)		400		403
1.250%, 01/11/16 (B)		1,130		1,133
1.375%, 08/01/17 (B)		535		533
Deutsche Bank
0.957%, 08/13/15 (A)		350		349
1.350%, 05/30/17		650		647
ERAC USA Finance LLC
1.400%, 04/15/16 (B)		240		240
Export-Import Bank of Korea
1.027%, 10/14/15 (A)		945		949
Fifth Third Bank
1.350%, 06/01/17		750		749
1.450%, 02/28/18		800		793
Ford Motor Credit LLC
1.118%, 09/12/15 (A)		300		298
1.500%, 01/17/17		520		519
1.724%, 12/06/17		350		348
1.186%, 06/15/18 (A)		820		820
General Electric Capital MTN
0.993%, 08/27/15 (A)		250		252
1.250%, 05/15/17		750		752
5.625%, 09/15/17		1,100		1,198
General Motors Financial
2.400%, 04/10/18		675		673
Goldman Sachs Group
1.454%, 10/23/15 (A)		500		504
1.478%, 10/30/15 (A)		125		126
2.375%, 01/22/18		1,050		1,065
Goldman Sachs Group MTN
1.086%, 08/15/15 (A)		700		701
1.374%, 08/15/15 (A)		400		402
HSBC Bank PLC
0.914%, 08/15/15 (A) (B)		500		499
HSBC USA
1.300%, 06/23/17		1,590		1,594
Hyundai Capital America
1.625%, 10/02/15 (B)		685		686
1.875%, 08/09/16 (B)		165		166
2.000%, 03/19/18 (B)		165		165
ING Bank
0.974%, 10/02/15 (A) (B)		300		298
1.921%, 10/02/15 (A) (B)		550		551
ING US
2.900%, 02/15/18		350		359
Intesa Sanpaolo MTN
3.125%, 01/15/16		350		353

18 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
JPMorgan Chase
1.249%, 10/23/15 (A)	$	500	$	503
0.909%, 10/28/15 (A)		500		499
JPMorgan Chase MTN
1.700%, 03/01/18		900		898
KeyBank
0.772%, 08/25/15 (A)		700		700
0.803%, 09/01/15 (A)		450		450
KFW
2.000%, 06/01/16		950		962
Korea Development Bank
0.920%, 10/22/15 (A)		1,005		1,005
Lloyds Bank PLC
0.806%, 09/16/15 (A)		500		500
Macquarie Group
1.278%, 10/30/15 (A) (B)		350		352
Manufacturers & Traders Trust
1.400%, 07/25/17		450		449
Metropolitan Life Global Funding I
0.819%, 08/01/15 (A) (B)		460		462
0.663%, 10/10/15 (A) (B)		2,475		2,479
1.500%, 01/10/18 (B)		220		220
Mizuho Bank
0.731%, 09/25/15 (A) (B)		580		578
Morgan Stanley MTN
5.950%, 12/28/17		140		153
Morgan Stanley
1.532%, 08/25/15 (A)		200		201
1.127%, 10/24/15 (A)		400		400
New York Life Global Funding
0.644%, 10/23/15 (A) (B)		550		551
Nissan Motor Acceptance MTN
0.812%, 09/04/15 (A) (B)		245		245
0.981%, 09/26/15 (A) (B)		500		502
1.500%, 03/02/18		300		299
Nordea Bank
1.250%, 04/04/17 (B)		600		601
Pricoa Global Funding I
1.350%, 08/18/17 (B)		550		548
Pricoa Global Funding I MTN
0.426%, 08/16/15 (A) (B)		325		325
Principal Life Global Funding II MTN
1.125%, 02/24/17 (B)		300		300
Principal Life Global Funding II
1.000%, 12/11/15 (B)		530		531
1.200%, 05/19/17 (B)		370		369
Province of Ontario Canada
1.600%, 09/21/16		1,600		1,617
Prudential Financial MTN
1.054%, 08/16/15 (A)		500		502
Royal Bank of Canada MTN
0.624%, 10/23/15 (A)		450		450
0.850%, 03/08/16		990		991
1.200%, 01/23/17		400		401

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Santander Bank
1.216%, 10/12/15	$	600	$	599
Societe Generale MTN
1.364%, 08/01/15 (A)		450		457
Standard Chartered PLC MTN
0.929%, 10/17/15 (A) (B)		500		500
Sumitomo Mitsui Banking
0.713%, 10/10/15 (A)		500		499
SunTrust Bank
0.714%, 08/15/15 (A)		300		300
Svenska Handelsbanken
0.751%, 09/25/15 (A)		700		702
Synchrony Financial
1.509%, 08/02/15 (A)		600		592
1.875%, 08/15/17		255		255
Toronto-Dominion Bank MTN
0.519%, 08/02/15 (A)		750		749
0.827%, 10/23/15 (A)		400		400
Toyota Motor Credit MTN
1.125%, 05/16/17		500		501
Travelers
6.250%, 06/20/16		1,017		1,067
UBS MTN
0.981%, 08/01/15 (A)		1,000		1,002
5.875%, 12/20/17		550		603
Union Bank
1.031%, 09/26/15 (A)		550		552
Ventas Realty
1.550%, 09/26/16‡		550		552
1.250%, 04/17/17‡		140		139
Volkswagen Group of America Finance LLC
0.716%, 08/20/15 (A) (B)		1,075		1,076
0.754%, 08/22/15 (A) (B)		650		650
1.250%, 05/23/17 (B)		500		499
Volkswagen International Finance
0.716%, 08/20/15 (A) (B)		775		776
1.125%, 11/18/16 (B)		260		260
Wachovia MTN
5.750%, 02/01/18		1,300		1,430
WEA Finance LLC
1.750%, 09/15/17 (B)		235		235
Wells Fargo MTN
1.150%, 06/02/17		650		649
Westpac Banking
0.898%, 10/17/15 (A)		325		326
1.200%, 05/19/17		275		275
				82,052
Health Care — 5.7%
AbbVie
1.040%, 08/06/15 (A)		130		130
1.200%, 11/06/15		675		676
1.800%, 05/14/18		400		399

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 19

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Actavis Funding SCS
1.368%, 09/12/15 (A)	$	675	$	676
1.300%, 06/15/17		450		446
2.350%, 03/12/18		640		642
Amgen
0.664%, 08/22/15 (A)		1,150		1,149
2.125%, 05/15/17		500		506
Baxalta
1.063%, 09/22/15 (A) (B)		1,500		1,503
Bayer US Finance LLC
0.564%, 10/06/15 (A) (B)		600		598
0.534%, 10/07/15 (A) (B)		800		801
Becton Dickinson
0.736%, 08/09/15 (A)		780		780
1.800%, 12/15/17		500		498
Express Scripts Holding
2.650%, 02/15/17		1,250		1,271
1.250%, 06/02/17		600		597
GlaxoSmithKline Capital
0.700%, 03/18/16		844		845
McKesson
0.950%, 12/04/15		235		235
1.292%, 03/10/17		410		409
Medtronic
1.500%, 03/15/18 (B)		255		255
Mylan
1.350%, 11/29/16		400		397
Providence Health & Services Obligated Group
1.084%, 10/01/15 (A)		700		702
Thermo Fisher Scientific
1.300%, 02/01/17		165		165
UnitedHealth Group
1.450%, 07/17/17		1,235		1,238
WellPoint
1.250%, 09/10/15		210		210
Zimmer Holdings
1.450%, 04/01/17		450		450
				15,578
Industrials — 1.7%
Air Lease
4.500%, 01/15/16		300		304
2.125%, 01/15/18		230		228
Canadian National Railway
0.480%, 08/06/15 (A)		1,000		1,000
GATX
1.250%, 03/04/17		215		214
Hutchison Whampoa International 14
1.625%, 10/31/17 (B)		400		399
Norfolk Southern
5.750%, 01/15/16		980		1,001
PACCAR Financial MTN
1.100%, 06/06/17		325		325

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Pentair Finance
1.350%, 12/01/15	$	285	$	286
Precision Castparts
0.700%, 12/20/15		145		145
Rockwell Collins
0.636%, 09/15/15 (A)		690		690
				4,592
Information Technology — 0.8%
Fidelity National Information Services
1.450%, 06/05/17		170		169
Hewlett-Packard
1.226%, 08/10/15 (A)		500		493
3.000%, 09/15/16		1,000		1,018
TSMC Global
0.950%, 04/03/16 (B)		325		324
Western Union
2.375%, 12/10/15		85		85
				2,089
Materials — 1.4%
Glencore Funding LLC
1.445%, 08/27/15 (A) (B)		700		700
Monsanto
0.476%, 08/07/15 (A)		710		708
1.150%, 06/30/17		500		497
Rio Tinto Finance USA PLC
1.123%, 09/17/15 (A)		955		956
Xstrata Finance Canada
2.050%, 10/23/15 (B)		900		901
				3,762
Telecommunications — 1.6%
AT&T
0.665%, 08/12/15 (A)		600		600
1.212%, 09/30/15 (A)		450		452
5.500%, 02/01/18		870		947
British Telecommunications PLC
1.250%, 02/14/17		270		270
Verizon Communications
0.681%, 09/09/15 (A)		560		558
2.036%, 09/14/15 (A)		470		485
1.350%, 06/09/17		1,230		1,229
				4,541
Utilities — 1.8%
Dominion Gas Holdings LLC
1.050%, 11/01/16		550		550
Duke Energy
0.664%, 10/03/15 (A)		1,450		1,447
Duke Energy Progress
0.479%, 09/06/15 (A)		180		179
Exelon
1.550%, 06/09/17		585		585

20 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Georgia Power
0.625%, 11/15/15	$	1,500	$	1,499
Hydro-Quebec
1.375%, 06/19/17		225		227
Southern
1.300%, 08/15/17		310		309
Xcel Energy
1.200%, 06/01/17		280		280
				5,076
Total Corporate Obligations (Cost $134,818) ($ Thousands)				134,780
ASSET-BACKED SECURITIES — 21.8%
Automotive — 12.5%
Ally Auto Receivables Trust, Ser 2014-SN1, Cl A3
0.750%, 02/21/17		245		245
Ally Master Owner Trust, Ser 2014-4, Cl A1
0.587%, 08/15/15 (A)		850		850
Ally Master Owner Trust, Ser 2014-5, Cl A2
1.600%, 08/15/15		650		652
Ally Master Owner Trust, Ser 2013-1, Cl A2
1.000%, 02/15/18		825		826
Ally Master Owner Trust, Ser 2013-1, Cl A1
0.637%, 08/15/15 (A)		310		310
Ally Master Owner Trust, Ser 2014-4, Cl A2
1.430%, 06/17/19		635		636
American Credit Acceptance Receivables Trust, Ser 2013-1, Cl A
1.450%, 04/16/18 (B)		44		44
American Credit Acceptance Receivables Trust, Ser 2014-1, Cl A
1.140%, 03/12/18 (B)		24		24
American Credit Acceptance Receivables Trust, Ser 2014-4, Cl A
1.330%, 07/10/18 (B)		106		106
AmeriCredit Automobile Receivables Trust, Ser 2012-4, Cl B
1.310%, 11/08/17		330		330
AmeriCredit Automobile Receivables Trust, Ser 2013-2, Cl A3
0.650%, 12/08/17		240		240
AmeriCredit Automobile Receivables Trust, Ser 2014-1, Cl A3
0.900%, 02/08/19		700		700

Description	Face Amount ($ Thousands)		Value ($ Thousands)
AmeriCredit Automobile Receivables Trust, Ser 2013-3, Cl A3
0.920%, 04/09/18	$	197	$	197
AmeriCredit Automobile Receivables Trust, Ser 2012-5, Cl A3
0.620%, 06/08/17		7		7
ARI Fleet Lease Trust, Ser 2012-A, Cl A
0.737%, 08/15/15 (A) (B)		167		167
ARI Fleet Lease Trust, Ser 2013-A, Cl A3
0.920%, 07/15/21 (B)		100		100
ARI Fleet Lease Trust, Ser 2014-A, Cl A2
0.810%, 11/15/22 (B)		116		116
ARI Fleet Lease Trust, Ser 2012-B, Cl A
0.487%, 08/15/15 (A) (B)		405		405
ARI Fleet Lease Trust, Ser 2013-A, Cl A2
0.700%, 12/15/15 (B)		17		17
Bank of The West Auto Trust, Ser 2015-1, Cl A2B
0.537%, 08/01/15 (A) (B)		700		700
California Republic Auto Receivables Trust, Ser 2013-1, Cl A2
1.410%, 09/17/18 (B)		443		444
Capital Auto Receivables Asset Trust, Ser 2014-1, Cl A3
1.320%, 06/20/18		190		191
Capital Auto Receivables Asset Trust, Ser 2013-3, Cl B
2.320%, 07/20/18		520		527
Capital Auto Receivables Asset Trust, Ser 2014-1, Cl A1A
0.680%, 05/20/16		7		7
CarMax Auto Owner Trust, Ser 2011-2, Cl A4
1.350%, 02/15/17		166		166
CarMax Auto Owner Trust, Ser 2012-3, Cl C
1.500%, 08/15/18		120		121
CarMax Auto Owner Trust, Ser 2012-3, Cl A4
0.790%, 04/16/18		1,230		1,229
CarMax Auto Owner Trust, Ser 2012-1, Cl C
2.200%, 10/16/17		365		368
CarMax Auto Owner Trust, Ser 2012-1, Cl D
3.090%, 08/15/18		875		885
Chesapeake Funding LLC, Ser 2014-1A, Cl A
0.608%, 08/07/15 (A) (B)		609		609

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 21

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Chesapeake Funding LLC, Ser 2012-2A, Cl A
0.638%, 08/07/15 (A) (B)	$	97	$	97
Chesapeake Funding LLC, Ser 2012-1A, Cl A
0.938%, 08/07/15 (A) (B)		177		177
Chesapeake Funding LLC, Ser 2015-1A, Cl B
1.138%, 08/09/15 (A) (B)		460		459
Chesapeake Funding LLC, Ser 2011-2A, Cl A
1.438%, 08/07/15 (A) (B)		193		194
CNH Wholesale Master Note Trust, Ser 2013-2A, Cl A
0.787%, 08/15/15 (A) (B)		425		425
CPS Auto Receivables Trust, Ser 2014-A, Cl A
1.210%, 08/15/18 (B)		172		172
CPS Auto Receivables Trust, Ser 2013-D, Cl A
1.540%, 07/16/18 (B)		509		510
CPS Auto Receivables Trust, Ser 2015-A, Cl A
1.530%, 07/15/19 (B)		874		872
Credit Acceptance Auto Loan Trust, Ser 2014-1A, Cl A
1.550%, 10/15/21 (B)		415		416
Credit Acceptance Auto Loan Trust, Ser 2013-1A, Cl A
1.210%, 10/15/20 (B)		190		190
Credit Acceptance Auto Loan Trust, Ser 2013-2A, Cl A
1.500%, 04/15/21 (B)		365		366
DT Auto Owner Trust, Ser 2014-2A, Cl A
0.680%, 08/15/17 (B)		127		127
Enterprise Fleet Financing LLC, Ser 2014-2, Cl A2
1.050%, 03/20/20 (B)		189		189
Enterprise Fleet Financing LLC, Ser 2013-2, Cl A2
1.060%, 03/20/19 (B)		196		196
Enterprise Fleet Financing LLC, Ser 2013-1, Cl A2
0.680%, 09/20/18 (B)		149		149
First Investors Auto Owner Trust, Ser 2014-1A, Cl A2
0.800%, 02/15/18 (B)		104		104
First Investors Auto Owner Trust, Ser 2014-2A, Cl A2
0.860%, 08/15/18 (B)		274		273
First Investors Auto Owner Trust, Ser 2013-3A, Cl A3
1.440%, 10/15/19 (B)		398		398

Description	Face Amount ($ Thousands)		Value ($ Thousands)
First Investors Auto Owner Trust, Ser 2013-1A, Cl A2
0.900%, 10/15/18 (B)	$	46	$	46
First Investors Auto Owner Trust, Ser 2013-2A, Cl A2
1.230%, 03/15/19 (B)		205		205
First Investors Auto Owner Trust, Ser 2012-2A, Cl A2
1.470%, 05/15/18 (B)		52		52
Flagship Credit Auto Trust 2013-2, Ser 2013-2, Cl A
1.940%, 01/15/19 (B)		273		274
Ford Credit Auto Lease Trust, Ser 2014-B, Cl A4
1.100%, 11/15/17		615		616
Ford Credit Auto Owner Trust, Ser 2012-B, Cl D
2.930%, 10/15/18		600		611
Ford Credit Auto Owner Trust, Ser 2012-A, Cl B
1.880%, 08/15/17		475		478
Ford Credit Floorplan Master Owner Trust, Ser 2014-1, Cl B
1.400%, 02/15/19		80		80
Ford Credit Floorplan Master Owner Trust, Ser 2013-1, Cl A2
0.567%, 08/15/15 (A)		945		945
Ford Credit Floorplan Master Owner Trust, Ser 2013-5, Cl A2
0.655%, 08/15/15 (A)		310		310
GE Dealer Floorplan Master Note Trust, Ser 2014-2, Cl A
0.637%, 08/20/15 (A)		665		663
GM Financial Automobile Leasing Trust, Ser 2015-1, Cl B
2.140%, 06/20/19		390		393
GM Financial Leasing Trust, Ser 2014-1A, Cl A3
1.010%, 05/22/17 (B)		1,140		1,142
GMF Floorplan Owner Revolving Trust, Ser 2015-1, Cl A2
0.686%, 05/15/20 (A) (B)		1,475		1,475
Hertz Fleet Lease Funding, Ser 2013-3, Cl B
1.235%, 08/10/15 (A) (B)		765		765
Honda Auto Receivables Owner Trust, Ser 2012-3, Cl A3
0.560%, 05/15/16		4		4
M&T Bank Auto Receivables Trust, Ser 2013-1A, Cl A3
1.060%, 11/15/17 (B)		430		431
M&T Bank Auto Receivables Trust, Ser 2013-1A, Cl A4
1.570%, 08/15/18 (B)		750		754

22 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Mercedes-Benz Auto Lease Trust, Ser 2013-B, Cl A3
0.620%, 07/15/16	$	62	$	62
Mercedes-Benz Auto Receivables Trust, Ser 2013-1, Cl A3
0.780%, 08/15/17		125		125
Mercedes-Benz Master Owner Trust, Ser 2012-AA, Cl A
0.790%, 11/15/17 (B)		360		360
Porsche Innovative Lease Owner Trust, Ser 2013-1, Cl A4
0.880%, 10/22/19 (B)		310		310
Prestige Auto Receivables Trust, Ser 2012-1A, Cl A3
1.760%, 10/16/17 (B)		60		60
Prestige Auto Receivables Trust, Ser 2013-1A, Cl A2
1.090%, 02/15/18 (B)		74		74
Prestige Auto Receivables Trust, Ser 2014-1A, Cl A2
0.970%, 03/15/18 (B)		445		445
Prestige Auto Receivables Trust, Ser 2015-1, Cl A2
1.090%, 02/15/19 (B)		210		210
Prestige Auto Receivables Trust, Ser 2013-1A, Cl A3
1.330%, 05/15/19 (B)		495		496
Santander Drive Auto Receivables Trust, Ser 2012-4, Cl C
2.940%, 12/15/17		308		310
Santander Drive Auto Receivables Trust, Ser 2013-2, Cl B
1.330%, 03/15/18		485		486
Santander Drive Auto Receivables Trust, Ser 2012-3, Cl D
3.640%, 05/15/18		430		438
Santander Drive Auto Receivables Trust, Ser 2013-2, Cl A2A
0.660%, 06/15/17		8		8
Santander Drive Auto Receivables Trust, Ser 2012-5, Cl B
1.560%, 08/15/18		175		175
Santander Drive Auto Receivables Trust, Ser 2012-1, Cl C
3.780%, 11/15/17		216		217
Santander Drive Auto Receivables Trust, Ser 2014-4, Cl A2A
0.670%, 01/16/18		142		142
SMART Trust, Ser 2014-1US, Cl A2B
0.486%, 08/14/15 (A)		134		134
SNAAC Auto Receivables Trust, Ser 2014-1A, Cl A
1.030%, 09/17/18 (B)		143		143

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Susquehanna Auto Receivables Trust, Ser 2014-1, Cl A3
1.000%, 02/15/18 (B)	$	425	$	425
Volkswagen Auto Lease Trust, Ser 2014-A, Cl A2A
0.520%, 10/20/16		164		164
Volkswagen Credit Auto Master Trust, Ser 2014-1A, Cl A1
0.538%, 08/20/15 (A) (B)		400		400
Volvo Financial Equipment LLC, Ser 2014-1A, Cl A3
0.820%, 04/16/18 (B)		240		240
Volvo Financial Equipment LLC, Ser 2013-1A, Cl A3
0.740%, 03/15/17 (B)		181		181
Westlake Automobile Receivables Trust, Ser 2014-2A, Cl A2
0.970%, 10/16/17 (B)		498		498
Westlake Automobile Receivables Trust, Ser 2015-1A, Cl B
1.680%, 11/16/20 (B)		505		503
Westlake Automobile Receivables Trust, Ser 2014-1A, Cl A2
0.700%, 05/15/17 (B)		131		131
Westlake Automobile Receivables Trust, Ser 2014-2A, Cl C
2.240%, 04/15/20 (B)		250		250
Westlake Automobile Receivables Trust, Ser 2013-1A, Cl A2
1.120%, 01/15/18 (B)		58		58
Westlake Automobile Receivables Trust, Ser 2015-2A, Cl A2A
1.280%, 07/16/18 (B)		645		645
Wheels SPV 2, Ser 2014-1A, Cl A2
0.840%, 03/20/23 (B)		197		196
World Omni Master Owner Trust, Ser 2013-1, Cl A
0.537%, 08/15/15 (A) (B)		555		555
				34,218
Credit Card — 2.3%
American Express Credit Account Master Trust, Ser 2013-3, Cl A
0.980%, 05/15/19		185		185
Cabela’s Master Credit Card Trust, Ser 2014-1, Cl A
0.537%, 08/15/15 (A)		165		165
Cabela’s Master Credit Card Trust, Ser 2013-2A A2, Cl A2
0.837%, 08/15/15 (A) (B)		210		211
Capital One Multi-Asset Execution Trust, Ser 2013-A3, Cl A3
0.960%, 09/16/19		360		360

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 23

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Chase Issuance Trust, Ser 2012-A5, Cl A5
0.590%, 08/15/17	$	540	$	540
Chase Issuance Trust, Ser 2014-A1, Cl A1
1.150%, 01/15/19		275		276
Chase Issuance Trust, Ser 2014-A6, Cl A
1.260%, 07/15/19		400		400
Chase Issuance Trust, Ser 2007-B1, Cl B1
0.437%, 08/15/15 (A)		450		448
Citibank Credit Card Issuance Trust, Ser 2014-A2, Cl A2
1.020%, 02/22/19		415		415
Citibank Credit Card Issuance Trust, Ser 2014-A4, Cl A4
1.230%, 04/24/19		650		652
Citibank Credit Card Issuance Trust, Ser 2013-A3, Cl A3
1.110%, 07/23/18		500		501
Dryrock Issuance Trust, Ser 2012-2, Cl A
0.640%, 08/15/18		480		480
Golden Credit Card Trust, Ser 2012-5A, Cl A
0.790%, 09/15/17 (B)		575		575
Master Credit Card Trust, Ser 2012-2A, Cl A
0.780%, 04/21/17 (B)		360		360
Synchrony Credit Card Master Note Trust, Ser 2014-1, Cl A
1.610%, 11/15/20		650		653
				6,221
Miscellaneous Business Services — 6.6%
Apidos CDO, Ser 2013-12A, Cl A
1.274%, 08/15/15 (A) (B)		600		591
Avalon IV Capital, Ser 2014-1AR, Cl AR
1.459%, 10/17/15 (A) (B)		303		303
Bear Stearns Asset-Backed-Securities Trust, Ser 2005-SD2, Cl 2A1
0.847%, 08/25/15 (A)		52		52
Cent CLO 16, Ser 2014-16AR, Cl A1AR
1.505%, 08/03/15 (A) (B)		500		499
Cent CLO 16, Ser 2014-20A, Cl A
1.724%, 01/25/26 (A) (B)		600		597
CIFC Funding, Ser 2013-1A, Cl A1
1.426%, 10/16/15 (A) (B)		485		480
CIT Equipment Collateral, Ser 2014-VT1, Cl A2
0.860%, 05/22/17 (B)		1,005		1,005

Description	Face Amount ($ Thousands)		Value ($ Thousands)
CNH Equipment Trust, Ser 2012-D, Cl A3
0.650%, 04/16/18	$	388	$	388
CNH Equipment Trust, Ser 2014-C, Cl A2
0.630%, 12/15/17		863		863
Credit-Based Asset Servicing and Securitization LLC, Ser 2005-CB3, Cl M2
0.805%, 08/27/15 (A)		825		818
Dell Equipment Finance Trust, Ser 2014-1, Cl A3
0.940%, 06/22/20 (B)		500		500
Dryden XXXI Senior Loan Fund, Ser 2014-31A, Cl A
1.523%, 10/18/15 (A) (B)		250		249
GE Equipment Small Ticket LLC, Ser 2014-1A, Cl A3
0.950%, 09/25/17 (B)		400		400
GreatAmerica Leasing Receivables, Ser 2015-1, Cl A3
1.540%, 07/20/18 (B)		905		907
HLSS Servicer Advance Receivables Backed Notes, Ser 2012-T2, Cl A2
1.990%, 10/15/45 (B)		625		624
HLSS Servicer Advance Receivables Backed Notes, Ser 2013-T1, Cl B2
1.744%, 01/16/46 (B)		405		405
ING IM CLO, Ser 2014-1A, Cl A1
1.775%, 10/18/15 (A) (B)		290		289
ING IM CLO, Ser 2014-1RA, Cl A2R
2.136%, 08/02/15 (A) (B)		500		500
John Deere Owner Trust, Ser 2012-B, Cl A4
0.690%, 01/15/19		580		580
Kubota Credit Owner Trust, Ser 2015-1A, Cl A2
0.940%, 08/15/15 (B)		420		420
Kubota Credit Owner Trust, Ser 2014-1A, Cl A2
0.580%, 02/15/17 (B)		101		101
Limerock CLO II, Ser 2014-2A, Cl A
1.775%, 08/18/15 (A) (B)		500		500
Madison Park Funding CLO, Ser 2007-4A, Cl A1B
0.581%, 09/24/15 (A) (B)		420		409
MMAF Equipment Finance LLC, Ser 2011-AA, Cl A4
2.100%, 07/15/17 (B)		233		234
MMAF Equipment Finance LLC, Ser 2014-AA, Cl A3
0.870%, 01/08/19 (B)		560		558

24 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
MMAF Equipment Finance LLC, Ser 2013-AA, Cl A2
0.690%, 05/09/16 (B)	$	7	$	7
Navient Student Loan Trust, Ser 2014-1, Cl A1
0.437%, 08/25/15 (A)		985		983
Neuberger Berman CLO XVI, Ser 2014-16A, Cl A1
1.759%, 09/11/15 (A) (B)		405		403
NYCTL Trust, Ser 2015-A, Cl A
1.340%, 11/10/28 (B)		580		580
NYCTL Trust, Ser 2014-A, Cl A
1.030%, 11/10/27 (B)		82		82
Oak Hill Credit Partners, Ser 2013-8A, Cl A
1.294%, 10/21/15 (A) (B)		360		356
Octagon Investment Partners XVI, Ser 2013-1A, Cl A
1.394%, 10/17/15 (A) (B)		550		543
Ocwen Freddie Advance Funding, Ser 2015-T1, Cl AT1
2.062%, 11/15/45 (B)		230		230
OHA Intrepid Leveraged Loan Fund, Ser 2013-1AR, Cl AR
1.208%, 08/22/15 (A) (B)		239		239
Race Point VI CLO, Ser 2014-6RA, Cl BR
2.413%, 08/24/15 (A) (B)		425		425
SLM Student Loan Trust, Ser 2006-10, Cl A4
0.365%, 10/25/15 (A)		37		37
SLM Student Loan Trust, Ser 2011-A, Cl A1
1.187%, 08/15/15 (A) (B)		24		25
SLM Student Loan Trust, Ser 2006-4, Cl A5
0.395%, 10/25/15 (A)		148		147
SLM Student Loan Trust, Ser 2007-2, Cl A2
0.277%, 10/25/15 (A)		13		13
SLM Student Loan Trust, Ser 2011-B, Cl A1
1.037%, 08/15/15 (A) (B)		162		162
Springleaf Funding Trust, Ser 2014-AA, Cl A
2.410%, 12/15/22 (B)		445		446
Structured Asset Securities Mortgage Loan Trust, Ser 2006-WF1, Cl A1
0.331%, 08/25/15 (A)		129		127
Structured Asset Securities Mortgage Loan Trust, Ser 2006-GEL3, Cl A2
0.421%, 08/25/15 (A) (B)		497		494
Symphony CLO VIII, Ser 2014-8AR, Cl BR
2.033%, 08/02/15 (A) (B)		475		475
				18,046

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Mortgage Related — 0.4%
Accredited Mortgage Loan Trust, Ser 2004-4, Cl A1A
0.867%, 08/27/15 (A)	$	239	$	234
Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Ser 2004-4, Cl A1
0.907%, 08/27/15 (A)		278		274
Bear Stearns Asset-Backed-Securities Trust, Ser 2005-HE3, Cl M2
1.105%, 08/25/15 (A)		351		347
JPMorgan Mortgage Acquisition, Ser 2005-FLD1, Cl M2
0.922%, 08/25/15 (A)		108		108
Option One Mortgage Loan Trust, Ser 2005-4, Cl A3
0.441%, 08/25/15 (A)		50		49
Option One Mortgage Loan Trust, Ser 2005-1, Cl A1A
0.687%, 08/25/15 (A)		194		191
				1,203
Total Asset-Backed Securities (Cost $59,754) ($ Thousands)				59,688
MORTGAGE-BACKED SECURITIES — 15.2%
Agency Mortgage-Backed Obligations — 4.3%
FHLMC
5.000%, 06/01/26		126		132
4.500%, 09/01/26		64		68
2.251%, 08/01/15 (A)		103		106
2.238%, 08/01/15 (A)		102		108
FHLMC REMIC, Ser 2004-2764, Cl OE
4.500%, 03/15/19		65		68
FHLMC REMIC, Ser 2009-3570, Cl A
4.500%, 08/01/15		157		165
FHLMC REMIC, Ser 2010-3634, Cl EA
4.000%, 11/15/23		20		20
FNMA
6.000%, 01/01/27		34		39
5.000%, 04/01/20 to 03/01/25		791		849
2.465%, 08/01/15 (A)		12		12
2.261%, 08/01/15 (A)		25		26
2.245%, 08/01/15 (A)		9		10
2.194%, 08/01/15 (A)		94		98
2.140%, 08/01/15 (A)		38		39
2.092%, 08/01/15 (A)		39		41
1.375%, 08/01/15 (A)		16		16
FNMA REMIC, Ser 1993-58, Cl H
5.500%, 04/25/23		29		32

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 25

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
FNMA REMIC, Ser 2001-33, Cl FA
0.635%, 08/25/15 (A)	$	23	$	23
FNMA REMIC, Ser 2002-64, Cl FG
0.438%, 08/18/15 (A)		24		24
FNMA REMIC, Ser 2002-77, Cl CB
5.000%, 12/25/17		109		113
FNMA REMIC, Ser 2008-18, Cl HD
4.000%, 12/25/18		83		85
FNMA REMIC, Ser 2010-64, Cl EH
5.000%, 10/25/35		14		14
FNMA REMIC, Ser 2011-109, Cl PK
4.000%, 08/25/41		105		111
FNMA TBA
3.500%, 08/01/40		850		897
3.000%, 08/25/26		4,200		4,358
GNMA
2.500%, 08/01/15 (A)		116		123
GNMA, Ser 2009-10, Cl JA
4.500%, 03/16/34		83		87
GNMA, Ser 2009-113, Cl MJ
4.000%, 03/16/23		242		249
GNMA, Ser 2010-47, Cl AT
3.000%, 11/16/30		272		274
GNMA, Ser 2010-86, Cl PG
3.000%, 01/20/36		84		85
GNMA, Ser 2011-106, Cl ME
3.000%, 06/20/38		196		199
GNMA, Ser 2011-110, Cl A
2.237%, 03/16/33		134		134
GNMA, Ser 2011-62, Cl PA
3.000%, 01/20/40		753		765
Mortgage-Linked Amortizing Notes, Ser 2012-1, Cl A10
2.060%, 01/15/22		61		62
NCUA Guaranteed Notes, Ser 2010-R1, Cl 2A
1.840%, 10/07/20		7		7
NCUA Guaranteed Notes, Ser 2010-R1, Cl 1A
0.637%, 08/04/15 (A)		586		589
NCUA Guaranteed Notes, Ser 2010-R2, Cl 1A
0.555%, 08/06/15 (A)		180		181
NCUA Guaranteed Notes, Ser 2011-R1, Cl 1A
0.635%, 08/04/15 (A)		455		457
NCUA Guaranteed Notes, Ser 2011-R2, Cl 1A
0.587%, 08/09/15 (A)		252		252
NCUA Guaranteed Notes, Ser 2011-R3, Cl 1A
0.587%, 08/09/15 (A)		579		580
NCUA Guaranteed Notes, Ser 2011-R4, Cl 1A
0.559%, 08/05/15 (A)		289		289

Description	Face Amount ($ Thousands)		Value ($ Thousands)
NCUA Guaranteed Notes, Ser 2011-R6, Cl 1A
0.565%, 08/07/15 (A)	$	78	$	78
				11,865
Non-Agency Mortgage-Backed Obligations — 10.9%
BAMLL Commercial Mortgage Securities Trust, Ser 2014-ICTS, Cl A
0.986%, 08/15/15 (A) (B)		250		249
Banc of America Mortgage Securities, Ser 2005-F, Cl 2A2
2.711%, 08/01/15 (A) (B)		283		262
Banc of America Mortgage Securities, Ser 2005-J, Cl 2A1
1.887%, 08/01/15 (A) (B)		36		33
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2005-12, Cl 11A1
2.639%, 08/01/15 (A) (B)		89		70
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2005-3, Cl 2A1
2.720%, 08/01/15 (A) (B)		126		116
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2005-6, Cl 3A1
2.723%, 08/01/15 (A) (B)		215		194
Bear Stearns Commercial Mortgage Securities Trust, Ser 2005-PW10, Cl A4
5.405%, 12/11/40 (A)		277		278
Bear Stearns Commercial Mortgage Securities Trust, Ser 2006-PW13, Cl A4
5.540%, 09/11/41		403		416
Bear Stearns Commercial Mortgage Securities Trust, Ser 2006-PWR11, Cl A4
5.430%, 08/01/15		411		414
BLCP Hotel Trust, Ser CLRN, Cl A
1.137%, 08/15/15 (A) (B)		500		499
CD Mortgage Trust, Ser 2006-CD2, Cl A4
5.378%, 08/12/15 (A)		790		794
CD Mortgage Trust, Ser 2007-CD4, Cl A4
5.322%, 12/11/49		575		596
CD Mortgage Trust, Ser 2007-CD5, Cl A4
5.886%, 08/15/48 (A)		431		463
Citigroup Commercial Mortgage Trust, Ser 2007-C6, Cl A4
5.711%, 12/10/49 (A)		650		692

26 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Citigroup Commercial Mortgage Trust, Ser 2008-C7, Cl A4
6.144%, 08/01/15 (A)	$	389	$	417
Citigroup Commercial Mortgage Trust, Ser 2012-GC8, Cl A1
0.685%, 09/10/45		194		194
Citigroup Commercial Mortgage Trust, Ser 2014-388G, Cl A
0.936%, 08/15/15 (A) (B)		450		448
Citigroup Mortgage Loan Trust, Ser 2004-HYB3, Cl 1A
2.634%, 08/01/15 (A) (B)		53		53
Citigroup Mortgage Loan Trust, Ser 2006-AR2, Cl 1A1
2.696%, 08/01/15 (A) (B)		207		190
COBALT CMBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4
5.223%, 08/15/48		612		635
COMM 2012-9W57 Mortgage Trust, Ser 9W57, Cl A
2.365%, 08/06/15 (B)		600		609
Commercial Mortgage Pass-Through Certificates, Ser 2010-C1, Cl A1
3.156%, 07/10/46 (B)		159		159
Commercial Mortgage Pass-Through Certificates, Ser 2012-CR2, Cl A1
0.824%, 08/15/45		147		147
Commercial Mortgage Pass-Through Certificates, Ser 2012-CR3, Cl A1
0.666%, 11/15/45		141		141
Commercial Mortgage Pass-Through Certificates, Ser 2012-CR4, Cl A1
0.704%, 10/15/45		183		182
Commercial Mortgage Pass-Through Certificates, Ser 2013-CR10, Cl A1
1.278%, 08/10/46		188		188
Commercial Mortgage Pass-Through Certificates, Ser CR9, Cl A1
1.344%, 07/10/45		805		805
Commercial Mortgage Trust, Ser 2014-BBG, Cl A
0.988%, 08/15/15 (A) (B)		1,145		1,144
Countrywide Home Loans, Ser 2004-29, Cl 1A1
0.725%, 08/25/15 (A) (B)		29		27
Countrywide Home Loans, Ser 2005-HY10, Cl 3A1A
2.502%, 08/01/15 (A) (B)		174		146
Credit Suisse Commercial Mortgage Trust, Ser C4, Cl A3
5.467%, 09/15/39		811		834
CSMC Trust 2014, Ser TIKI, Cl A
1.137%, 08/15/15 (A) (B)		430		428

Description	Face Amount ($ Thousands)		Value ($ Thousands)
DBUBS Mortgage Trust, Ser 2011-LC1A, Cl A1
3.742%, 11/10/46 (B)	$	454	$	457
FDIC Structured Sale Guaranteed Notes, Ser 2010-S1, Cl 1A
0.737%, 08/01/15 (A) (B)		126		126
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2014-DN2, Cl M1
1.041%, 08/25/15 (A) (B)		336		335
FNMA Connecticut Avenue Securities, Ser 2014-C02, Cl 1M1
1.137%, 08/25/15 (A) (B)		230		228
FNMA Connecticut Avenue Securities, Ser 2014-C02, Cl 2M1
1.141%, 08/25/15 (A) (B)		172		171
FNMA Connecticut Avenue Securities, Ser 2014-C03, Cl 1M1
1.391%, 08/25/15 (A) (B)		487		485
FNMA Connecticut Avenue Securities, Ser 2015-C02, Cl 1M1
1.337%, 08/25/15 (A) (B)		129		128
GE Capital Commercial Mortgage, Ser C4, Cl A4
5.318%, 08/01/15 (A)		777		777
GMAC Mortgage Loan Trust, Ser 2005-AR6, Cl 2A1
2.992%, 08/01/15 (A) (B)		216		199
Granite Master Issuer PLC, Ser 2006-3, Cl A3
0.268%, 08/22/15 (A) (B)		420		417
Granite Master Issuer PLC, Ser 2006-3, Cl A4
0.270%, 08/20/15 (A) (B)		395		393
Granite Master Issuer PLC, Ser 2006-4, Cl A6
0.368%, 08/20/15 (A) (B)		51		51
Granite Master Issuer PLC, Ser 2007-1, Cl 3A1
0.388%, 08/20/15 (A) (B)		61		61
Granite Master Issuer PLC, Ser 2007-1, Cl 2A1
0.328%, 08/20/15 (A) (B)		54		53
Granite Master Issuer PLC, Ser 2007-1, Cl 1M1
0.488%, 08/20/15 (A) (B)		350		338
GS Mortgage Securities II, Ser 2010-C2, Cl A1
3.849%, 12/10/43 (B)		614		624
GS Mortgage Securities II, Ser 2012-GCJ9, Cl A1
0.662%, 11/10/45		154		153
GS Mortgage Securities II, Ser GC13, Cl A1
1.206%, 07/10/46		118		118

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 27

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
GS Mortgage Securities II, Ser GC14, Cl A1
1.217%, 08/10/46	$	169	$	170
GSR Mortgage Loan Trust, Ser 2005-AR4, Cl 2A1
2.778%, 08/01/15 (A) (B)		260		236
GSR Mortgage Loan Trust, Ser 2006-AR1, Cl 2A1
2.701%, 08/01/15 (A) (B)		288		267
GSR Mortgage Loan Trust, Ser 2007-AR2, Cl 1A1
2.739%, 08/01/15 (A) (B)		248		203
Hilton USA Trust, Ser HLF, Cl AFL
1.188%, 08/10/15 (A) (B)		222		222
Hilton USA Trust, Ser ORL, Cl A
1.086%, 08/15/15 (A) (B)		1,000		984
Homestar Mortgage Acceptance, Ser 2004-3, Cl AV2C
0.765%, 08/25/15 (A) (B)		392		391
Impac CMB Trust, Ser 2004-9, Cl 1A1
0.945%, 08/25/15 (A) (B)		69		63
Impac CMB Trust, Ser 2005-2, Cl 1A1
0.710%, 08/03/15 (A) (B)		76		70
Impac CMB Trust, Ser 2005-3, Cl A1
0.665%, 08/25/15 (A) (B)		70		63
Impac CMB Trust, Ser 2005-5, Cl A1
0.825%, 08/25/15 (A) (B)		57		51
Impac CMB Trust, Ser 2005-8, Cl 1A
0.445%, 08/25/15 (A) (B)		186		160
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2005-LDP4, Cl A4
4.918%, 08/01/15 (A)		57		57
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2005-LDP7, Cl A4
5.905%, 08/01/15 (A)		164		167
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2013-C15, Cl A2
2.977%, 11/15/45		585		604
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2014-CBM, Cl A
1.087%, 08/15/15 (A) (B)		875		870
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2014-PHH, Cl A
1.384%, 08/15/15 (A) (B)		375		376

Description	Face Amount ($ Thousands)		Value ($ Thousands)
JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2015-CSMO, Cl A
1.436%, 08/15/15 (A) (B)	$	1,000	$	998
JPMorgan Chase Commercial Mortgage Securities, Ser 2010-C1, Cl A1
3.853%, 06/15/43 (B)		18		18
JPMorgan Chase Commercial Mortgage Securities, Ser 2012-C8, Cl A1
0.705%, 10/15/45		55		55
JPMorgan Chase Commercial Mortgage Securities, Ser 2013-C13, Cl A1
1.303%, 01/15/46		157		158
JPMorgan Mortgage Trust, Ser 2005-A6, Cl 7A1
2.531%, 08/01/15 (A) (B)		130		122
JPMorgan Mortgage Trust, Ser 2007-A3, Cl 1A1
2.528%, 08/01/15 (A) (B)		156		134
LB-UBS Commercial Mortgage Trust, Ser 2007-C6, Cl A4
5.858%, 07/15/40 (A)		394		413
Merrill Lynch Mortgage Investors, Ser 2005-A3, Cl A1
0.457%, 08/25/15 (A) (B)		67		64
Merrill Lynch Mortgage-Backed Securities Trust, Ser 2007-3, Cl 2A1
2.896%, 08/01/15 (A) (B)		272		229
ML-CFC Commercial Mortgage Trust, Ser 2007-5, Cl A4
5.378%, 08/12/48		110		114
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2012-C5, Cl A2
1.972%, 08/15/45		299		302
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2012-C6, Cl A1
0.664%, 11/15/45		60		60
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2013-C11, Cl A2
3.085%, 08/15/46		200		207
Morgan Stanley Re-Remic Trust, Ser 2012-IO, Cl AXA
1.000%, 03/27/51 (B)		272		271
MortgageIT Trust, Ser 2005-5, Cl A1
0.447%, 08/25/15 (A) (B)		264		239

28 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Opteum Mortgage Acceptance Asset-Backed Pass-Through Certificates, Ser 2005-2, Cl AII1
0.524%, 08/25/15 (A) (B)	$	165	$	166
Paragon Mortgages PLC, Ser 2006-12A, Cl A2C
0.494%, 08/15/15 (A) (B)		114		103
Paragon Mortgages PLC, Ser 2007-15A, Cl A2C
0.506%, 10/19/15 (A) (B)		271		244
Residential Funding Mortgage Securities I, Ser 2007-SA3, Cl 2A1
3.834%, 08/01/15 (A) (B)		203		165
Sequoia Mortgage Trust, Ser 2004-12, Cl A1
0.728%, 08/20/15 (A) (B)		32		30
Silverstone Master Issuer PLC, Ser 2012-1A, Cl 1A
1.842%, 10/22/15 (A) (B)		100		100
Springleaf Mortgage Loan Trust, Ser 2013-1A, Cl A
1.270%, 06/25/58 (A) (B)		198		198
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C3, Cl A1
0.726%, 08/10/49		228		227
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl A4
5.262%, 08/01/15 (A)		31		31
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C22, Cl A4
5.284%, 08/01/15 (A)		165		165
WaMu Mortgage Pass-Through Certificates, Ser 2006-AR2, Cl 1A1
2.312%, 08/01/15 (A) (B)		290		267
Wells Fargo Commercial Mortgage Trust, Ser 2012-LC5, Cl A1
0.687%, 10/15/45		222		221
Wells Fargo Mortgage-Backed Securities Trust, Ser 2004-BB, Cl A2
2.621%, 08/01/15 (A) (B)		119		120
Wells Fargo Mortgage-Backed Securities Trust, Ser 2006-AR10, Cl 2A1
2.683%, 08/01/15 (A) (B)		243		237
Wells Fargo Mortgage-Backed Securities Trust, Ser 2006-AR12, Cl 1A1
2.498%, 08/01/15 (A) (B)		138		129

Description	Face Amount ($ Thousands)		Value ($ Thousands)
WFRBS Commercial Mortgage Trust, Ser 2011-C2, Cl A2
3.791%, 02/15/44 (B)	$	859	$	862
WFRBS Commercial Mortgage Trust, Ser 2011-C3, Cl B
3.240%, 03/15/44 (B)		282		285
WFRBS Commercial Mortgage Trust, Ser 2012-C10, Cl A1
0.734%, 12/15/45		496		494
WFRBS Commercial Mortgage Trust, Ser 2012-C6, Cl A1
1.081%, 04/15/45		91		91
WFRBS Commercial Mortgage Trust, Ser 2012-C9, Cl A1
0.673%, 11/15/45		285		284
WFRBS Commercial Mortgage Trust, Ser 2013-C15, Cl A1
1.264%, 08/15/46		119		120
				29,814
Total Mortgage-Backed Securities (Cost $42,321) ($ Thousands)				41,679
U.S. GOVERNMENT AGENCY OBLIGATIONS — 4.5%
FFCB
0.450%, 09/08/16		3,000		3,000
FHLB
0.375%, 06/24/16 to 06/24/16		4,500		4,499
1.125%, 09/28/16		880		881
1.625%, 04/13/17		950		953
FHLMC
1.000%, 06/19/17		500		501
1.400%, 05/25/18		400		400
1.500%, 06/25/18		700		701
FHLMC MTN
1.400%, 05/25/18		1,500		1,501
Total U.S. Government Agency Obligations (Cost $12,439) ($ Thousands)				12,436
MUNICIPAL BONDS — 4.3%
California — 0.7%
California State, RB
5.950%, 04/01/16		920		953
Orange County, Ser A, RB
0.580%, 11/02/15		445		445
University of California, Ser Y-1, RB
0.687%, 08/01/15 (A)		490		490
				1,888
Florida — 0.2%
Florida State, Hurricane Catastrophe Fund Finance, Ser A, RB
1.298%, 07/01/16		620		623

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 29

SCHEDULE OF INVESTMENTS (Unaudited)

Ultra Short Duration Bond Fund (Continued)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Hawaii — 0.2%
Hawaii State, Ser ES, GO
0.731%, 08/01/16	$	655	$	656
Illinois — 0.2%
City of Chicago, Midway Airport Revenue, Ser C, RB
1.320%, 01/01/16		270		271
Illinois State, Ser B, GO
1.780%, 04/01/16		300		301
				572
Kentucky — 0.2%
Louisville, Regional Airport Authority, Ser C, RB
0.769%, 07/01/16		410		411
Minnesota — 0.2%
St. Paul, Housing and Redevelopment Authority, GO
1.041%, 07/01/16		415		415
New Jersey — 1.7%
New Jersey State, Economic Development Authority, Ser 00, RB
1.059%, 03/01/16		500		499
New Jersey State, Economic Development Authority, Ser Q, RB
1.096%, 06/15/16		2,675		2,664
New Jersey State, Transportation Trust Fund Authority, Ser B, RB
1.087%, 12/15/16		1,250		1,242
New Jersey State, Turnpike Authority, Ser B, RB
4.252%, 01/01/16		175		178
				4,583
North Carolina — 0.3%
North Carolina Eastern Municipal Power Agency, RB
1.561%, 07/01/17		790		793
Pennsylvania — 0.0%
Pennsylvania Industrial Development Authority, RB
1.635%, 07/01/16 (B)		120		120
Texas — 0.4%
City of El Paso, Harris County Toll Road Authority, GO
1.049%, 08/15/16		455		457

Description	Face Amount ($ Thousands)		Value ($ Thousands)
Harris County, Toll Road Authority, RB
2.440%, 08/15/15	$	735	$	735
				1,192
Utah — 0.2%
Intermountain Power Agency, Sub-Ser B, RB
0.785%, 07/01/16		610		610
Total Municipal Bonds (Cost $11,870) ($ Thousands)				11,863
U.S. TREASURY OBLIGATIONS — 3.8%
U.S. Treasury Notes
0.625%, 11/30/17 to 11/30/17		8,200		8,136
1.375%, 06/30/18		2,390		2,418
Total U.S. Treasury Obligations (Cost $10,533) ($ Thousands)				10,554
COMMERCIAL PAPER — 1.0%
Motiva Enterprises
0.510%, 08/03/15		2,000		2,000
Prudential Financial
0.350%, 08/04/15		700		700
Total Commercial Paper (Cost $2,700) ($ Thousands)				2,700
REPURCHASE AGREEMENT — 1.8%
BNP Paribas 0.150%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $4,800,060 (collateralized by various FNMA and FMAC obligations, ranging in par value $8 - $405,992, 3.500% - 6.500%, 06/01/19 - 07/01/47; with total market value $4,896,001) (C)		4,800		4,800
Total Repurchase Agreement (Cost $4,800) ($ Thousands)				4,800
Total Investments — 101.5% (Cost $279,235) ($ Thousands)			$	278,500

A list of the open futures contracts held by the Fund at July 31, 2015, is as follows:

Type of Contract	Number of Contracts Long (Short)			Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
U.S. 2-Year Treasury Note		(6	)		Oct-2015	$	(3	)
U.S. 5-Year Treasury Note		10			Oct-2015		6
U.S. Long Treasury Bond		(1	)		Sep-2015		(1	)
U.S. 10-Year Tresuary Note		(23	)		Sep-2015		(4	)
						$	(2	)

30 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

For the period ended July 31, 2015, the total amount of all open futures contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

Percentages are based on Net Assets of $274,424 ($ Thousands).

† Real Estate Investment Trust.

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” These securities have been determined to be liquid under guidelines established by the Board of Trustees.

(C) Tri-Party Repurchase Agreement.

CDO — Collateralized Debt Obligation

Cl — Class

CLO — Collateralized Loan Obligation

FDIC — Federal Deposit Insurance Corporation

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortgage Corporation

FMAC — Financial Management Advisory Committee

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

GO — General Obligation

LLC — Limited Liability Company

MTN — Medium Term Note

NCUA — National Credit Union Association

PLC — Public Limited Company

RB — Revenue Bond

REMIC — Real Estate Mortgage Investment Conduit

Ser — Series

TBA — To Be Announced

The following is a summary of the inputs used as of July 31, 2015 in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1			Level 2		Level 3		Total
Corporate Obligations	$	—		$	134,780	$	—	$	134,780
Asset-Backed Securities		—			59,688		—		59,688
Mortgage-Backed Securities		—			41,679		—		41,679
U.S. Government Agency Obligations		—			12,436		—		12,436
Municipal Bonds		—			11,863		—		11,863
Commercial Paper		—			2,700		—		2,700
U.S. Treasury Obligations		—			10,554		—		10,554
Repurchase Agreement		—			4,800		—		4,800
Total Investments in Securities	$	—		$	278,500	$	—	$	278,500
Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*
Unrealized Appreciation	$	6		$	—	$	—	$	6
Unrealized Depreciation		(8	)		—		—		(8	)
Total Other Financial Instruments	$	(2	)	$	—	$	—	$	(2	)

* Futures Contracts are valued at the net unrealized appreciation/(depreciation) on the instruments.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

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

The accompanying notes are an integral part of the financial statements.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 31

SCHEDULE OF INVESTMENTS (Unaudited)

Short-Duration Government Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
MORTGAGE-BACKED SECURITIES — 40.3%
Agency Mortgage-Backed Obligations — 40.3%
FHLMC
4.879%, 05/19/17	$	5,000	$	5,278
4.500%, 02/01/22 to 06/01/26		8,730		9,317
2.705%, 08/01/15 (A)		1		1
2.566%, 08/01/15 (A)		38		39
2.551%, 08/01/15 (A)		4,478		4,652
2.548%, 08/01/15 (A)		25		26
2.427%, 08/01/15 (A)		2		2
2.403%, 08/01/15 (A)		11		11
2.381%, 08/01/15 (A)		6		6
2.375%, 08/01/15 (A)		11		11
2.357%, 08/01/15 (A)		1,013		1,062
2.339%, 08/01/15 (A)		25		26
2.310%, 08/01/15 (A)		16		17
2.260%, 08/01/15 (A)		9		10
2.250%, 08/01/15 (A)		64		67
2.174%, 08/01/15 (A)		8		9
2.169%, 08/01/15 (A)		9		9
2.125%, 08/01/15 (A)		9		9
2.000%, 08/01/15 (A)		2		3
1.875%, 08/01/15 (A)		2		2
1.750%, 08/01/15 (A)		2		2
1.625%, 08/01/15 (A)		3		3
FHLMC REMIC, Ser 2002-42, Cl A5
7.500%, 02/25/42		474		564
FHLMC REMIC, Ser 2004-2864, Cl NV
4.500%, 08/15/15		32		32
FHLMC REMIC, Ser 2006-3148, Cl CF
0.587%, 11/15/15		426		430
FHLMC REMIC, Ser 2006-3174, Cl FA
0.487%, 04/15/36		3,081		3,085
FHLMC REMIC, Ser 2010-3628, Cl PJ
4.500%, 01/15/40		4,545		4,923
FHLMC REMIC, Ser 3153, Cl FX
0.537%, 11/15/15		162		163
FHLMC, Ser K710, Cl A2
1.883%, 05/25/19		6,000		6,057
FHLMC, Ser KGRP, Cl A
0.564%, 08/25/15		6,083		6,105
FNMA
7.000%, 06/01/37		14		16

Description	Face Amount ($ Thousands)		Value ($ Thousands)
6.500%, 05/01/26 to 01/01/36	$	376	$	441
6.000%, 02/01/23 to 09/01/24		4,159		4,602
5.500%, 06/01/16 to 12/01/25		1,083		1,195
5.300%, 07/01/19		767		823
5.250%, 08/01/24		1,299		1,529
5.090%, 08/01/15 (A)		3,782		3,818
5.000%, 03/01/19 to 08/01/19		131		137
4.500%, 08/01/21 to 10/01/31		6,191		6,767
4.450%, 01/01/21		5,172		5,737
4.330%, 04/01/21 to 07/01/21		3,739		4,153
4.301%, 07/01/21		531		588
4.295%, 06/01/21		3,693		4,090
4.230%, 01/01/21		4,699		5,184
4.070%, 04/01/19		1,182		1,266
4.066%, 07/01/20		2,628		2,854
4.050%, 01/01/21		1,000		1,087
4.040%, 06/01/21		11,642		12,708
4.000%, 05/01/26 to 08/01/26		3,685		3,899
3.980%, 08/01/21		2,292		2,497
3.970%, 06/01/21		1,996		2,169
3.890%, 01/01/24		1,138		1,238
3.880%, 12/01/20		93		101
3.870%, 09/01/21		946		1,027
3.840%, 08/01/21		6,945		7,530
3.800%, 01/01/23		1,962		2,126
3.770%, 08/01/21		973		1,050
3.750%, 06/01/22		1,252		1,349
3.743%, 06/01/18		2,824		2,991
3.700%, 11/01/20		859		921
3.630%, 01/01/18		2,335		2,448
3.580%, 12/01/20		928		995
3.500%, 11/01/21		3,122		3,338
3.470%, 11/01/20		166		177
3.400%, 03/01/22		3,721		3,955
3.355%, 01/01/27		1,359		1,419
3.270%, 05/01/21		496		525
3.260%, 12/01/20		587		621
3.250%, 04/01/21 to 11/01/21		2,670		2,821
3.210%, 09/01/21		347		365
3.050%, 10/01/20		59		61
2.990%, 10/01/17		3,219		3,322
2.940%, 06/01/22		300		312
2.930%, 05/01/22		722		749
2.830%, 05/01/21		453		470
2.810%, 06/01/22		1,000		1,029
2.759%, 04/01/22		641		661
2.720%, 05/01/21		2,145		2,218
2.515%, 10/01/22		700		707
2.383%, 08/01/15 (A)		283		296
2.360%, 06/01/19		1,540		1,578
2.310%, 10/01/22		2,320		2,322
2.295%, 08/01/15 (A)		15		15
2.250%, 10/01/22 to 10/01/22		5,313		5,286
2.220%, 10/01/22		2,305		2,296

32 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
2.194%, 08/01/15 (A)	$	449	$	468
2.150%, 05/01/22		4,752		4,715
2.103%, 08/01/15 (A)		29		30
2.092%, 08/01/15 (A)		150		157
2.067%, 08/01/15 (A)		246		250
2.016%, 08/01/15 (A)		90		92
FNMA REMIC, Ser 1992-61, Cl FA
0.841%, 11/25/15 (A)		58		59
FNMA REMIC, Ser 1993-32, Cl H
6.000%, 03/25/23		23		25
FNMA REMIC, Ser 1993-5, Cl Z
6.500%, 02/25/23		12		13
FNMA REMIC, Ser 1994-77, Cl FB
1.691%, 08/25/15 (A)		5		5
FNMA REMIC, Ser 2001-51, Cl QN
6.000%, 10/25/16		11		12
FNMA REMIC, Ser 2002-3, Cl PG
5.500%, 02/25/17		59		60
FNMA REMIC, Ser 2002-53, Cl FK
0.591%, 08/25/15 (A)		87		88
FNMA REMIC, Ser 2003-76, Cl CA
3.750%, 07/25/33		122		127
FNMA REMIC, Ser 2006-76, Cl QF
0.591%, 11/25/15 (A)		801		807
FNMA REMIC, Ser 2006-79, Cl DF
0.541%, 11/25/15 (A)		663		666
FNMA REMIC, Ser 2007-47, Cl DA
5.600%, 05/25/37		843		936
FNMA REMIC, Ser 2007-64, Cl FB
0.561%, 07/25/37 (A)		4,455		4,462
FNMA REMIC, Ser 2008-16, Cl FA
0.891%, 03/25/38 (A)		6,472		6,551
FNMA REMIC, Ser 2010-149, Cl VA
4.500%, 02/25/22		6,599		7,121
FNMA REMIC, Ser 2010-4, Cl PL
4.500%, 02/25/40		3,494		3,852
FNMA TBA
6.000%, 08/01/33		2,200		2,497
5.500%, 08/01/37		700		786
5.000%, 08/15/40		500		553
4.500%, 09/01/33		28,300		30,702
4.000%, 08/13/39		21,100		22,447
3.500%, 08/01/40 to 09/01/40		27,800		29,002
FNMA, Ser 2010-M5, Cl A2
2.806%, 07/25/20		7,705		7,914
GNMA
6.500%, 04/15/17 to 02/20/39		570		652
6.000%, 06/15/16 to 06/15/41		13,620		15,665
5.500%, 10/15/34 to 02/15/41		4,653		5,240
5.000%, 09/15/39 to 04/15/41		3,142		3,487
4.000%, 07/15/41 to 08/15/41		307		328
GNMA TBA
6.000%, 08/01/33		1,600		1,805
5.500%, 08/01/23		500		561

Description	Face Amount ($ Thousands)		Value ($ Thousands)
5.000%, 08/20/38	$	500	$	553
4.000%, 08/01/39		100		106
3.500%, 08/15/41		8,500		8,876
NCUA Guaranteed Notes, Ser 2010-R1, Cl 2A
1.840%, 10/07/20		77		78
Total Mortgage-Backed Securities (Cost $320,284) ($ Thousands)				325,548
U.S. GOVERNMENT AGENCY OBLIGATIONS — 32.0%
FHLMC
0.875%, 02/22/17 (C)		88,715		89,013
FNMA
1.250%, 09/28/16 to 01/30/17		125,600		126,729
0.875%, 05/21/18		35,400		35,243
HUD
0.930%, 08/01/17		7,000		6,981
Total U.S. Government Agency Obligations (Cost $256,973) ($ Thousands)				257,966
U.S. TREASURY OBLIGATIONS — 19.0%
U.S. Treasury Notes
4.500%, 02/15/16		46,550		47,612
0.875%, 04/30/17		97,365		97,806
1.500%, 01/31/19		7,575		7,657
Total U.S. Treasury Obligations (Cost $152,662) ($ Thousands)				153,075
REPURCHASE AGREEMENTS — 20.5%
BNP Paribas 0.150%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $133,501,669 (collateralized by various FMAC and GNMA obligations, ranging in par value $26,828 - $4,921,593, 3.000% - 6.000%, 06/01/21 - 02/01/41; with total market value $136,170,000) (B)		133,500		133,500
Deutsche Bank 0.170%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $32,100,455 (collateralized by various FCSB obligations, ranging in par value $4,468,000 - $28,198,000, 1.720% - 3.170%, 07/22/19 - 07/21/25; with total market value $32,742,875) (B)		32,100		32,100
Total Repurchase Agreements (Cost $165,600) ($ Thousands)				165,600
Total Investments — 111.8% (Cost $895,519) ($ Thousands)			$	902,189

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 33

SCHEDULE OF INVESTMENTS (Unaudited)

Short-Duration Government Fund (Concluded)

July 31, 2015

A list of the open futures contracts held by the Fund at July 31, 2015, is as follows:

Type of Contract	Number of Contracts Long (Short)			Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
U.S. 10-Year Treasury Note		101			Sep-2015	$	59
U.S. 2-Year Treasury Note		209			Oct-2015		(37	)
U.S. 5-Year Treasury Note		(521	)		Oct-2015		(299	)
U.S. Long Treasury Bond		15			Sep-2015		64
						$	(213	)

For the period ended July 31, 2015, the total amount of all open futures contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

Percentages are based on Net Assets of $806,974 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) Tri-Party Repurchase Agreement.

(C) Security, or portion thereof, has been pledged as collateral on open futures contracts.

Cl — Class

FCSB — Federal Farm Credit Banks Consolidated Systemwide Bonds

FHLMC — Federal Home Loan Mortgage Corporation

FMAC — Financial Management Advisory Committee

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

HUD — Housing and Urban Development

NCUA — National Credit Union Association

REMIC — Real Estate Mortgage Investment Conduit

Ser — Series

TBA — To Be Announced

The following is a summary of the inputs used as of July 31, 2015 in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3		Total
Mortgage-Backed Securities	$	—	$	325,548	$	—	$	325,548
U.S. Government Agency Obligations		—		257,966		—		257,966
U.S. Treasury Obligations		—		153,075		—		153,075
Repurchase Agreements		—		165,600		—		165,600
Total Investments in Securities	$	—	$	902,189	$	—	$	902,189

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*
Unrealized Appreciation	$	123		$	—	$	—	$	123
Unrealized Depreciation		(336	)		—		—		(336	)
Total Other Financial Instruments	$	(213	)	$	—	$	—	$	(213	)

* Futures Contracts are valued at the net unrealized appreciation/(depreciation) on the instruments.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note — 2 — Significant Accounting Policies in Notes to Financial Statements.

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

The accompanying notes are an integral part of the financial statements.

34 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

SCHEDULE OF INVESTMENTS (Unaudited)

Intermediate-Duration Government Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
MORTGAGE-BACKED SECURITIES — 63.0%
Agency Mortgage-Backed Obligations — 63.0%
FHLMC
6.500%, 01/01/18 to 12/01/32	$	80	$	93
6.000%, 09/01/24		271		307
5.500%, 06/01/19 to 12/01/20		120		127
2.551%, 08/01/15 (A)		206		214
FHLMC REMIC, Ser 1990-165, Cl K
6.500%, 09/15/21		2		2
FHLMC REMIC, Ser 2004-2802, Cl PF
0.590%, 08/15/15 (A)		106		106
FNMA
6.500%, 03/01/33 to 10/01/34		65		77
6.000%, 02/01/23		123		136
5.500%, 12/01/25		738		828
5.250%, 08/01/24		649		764
5.010%, 04/01/19		1,002		1,110
5.000%, 06/01/23		656		709
4.500%, 04/01/26 to 10/01/31		447		486
4.000%, 05/01/26 to 08/01/26		287		304
3.500%, 11/01/21		52		55
3.270%, 05/01/21		15		16
3.250%, 04/01/21 to 11/01/21		81		85
3.080%, 01/01/27		300		304
3.070%, 01/01/22		749		783
3.050%, 10/01/20		24		26
2.830%, 05/01/21		15		15
2.810%, 06/01/22		500		515
2.759%, 04/01/22		641		661
2.720%, 05/01/21		73		76
2.515%, 10/01/22		55		56
2.360%, 06/01/19		50		51
2.310%, 10/01/22		180		180
2.250%, 10/01/22		90		90
2.220%, 10/01/22		176		175
FNMA REMIC, Ser 2001-51, Cl QN
6.000%, 10/25/16		16		16
FNMA REMIC, Ser 2006-79, Cl DF
0.541%, 11/25/15 (A)		117		118
FNMA REMIC, Ser 2007-47, Cl DA
5.600%, 05/25/37		147		163
FNMA REMIC, Ser 2010-149, Cl VA
4.500%, 02/25/22		675		729

Description	Face Amount ($ Thousands)		Value ($ Thousands)
FNMA TBA
4.500%, 09/01/33	$	400	$	434
4.000%, 08/13/39		900		957
3.500%, 08/01/40 to 09/01/40		900		933
3.000%, 09/13/42		100		100
FNMA, Ser 2010-M5, Cl A2
2.806%, 07/25/20		1,856		1,906
GNMA
8.750%, 07/20/17 to 07/20/17		2		2
8.500%, 11/20/16 to 08/20/17		3		3
7.500%, 11/15/25 to 03/15/27		10		12
6.000%, 09/15/24		306		346
5.000%, 05/15/40 to 06/15/40		36		40
4.500%, 06/15/41		158		172
4.000%, 07/15/41		209		223
GNMA TBA
3.500%, 08/15/41		200		209
3.000%, 08/15/42		100		103
NCUA Guaranteed Notes, Ser 2010-R1, Cl 2A
1.840%, 10/07/20		19		19
Total Mortgage-Backed Securities (Cost $14,397) ($ Thousands)				14,836
U.S. TREASURY OBLIGATIONS — 8.3%
U.S. Treasury Notes
1.500%, 01/31/19		1,530		1,547
2.375%, 08/15/24		400		406
Total U.S. Treasury Obligations (Cost $1,930) ($ Thousands)				1,953
U.S. GOVERNMENT AGENCY OBLIGATIONS — 14.0%
FHLMC
0.875%, 03/07/18		3,120		3,111
HUD
1.880%, 08/01/19		175		178
Total U.S. Government Agency Obligations (Cost $3,263) ($ Thousands)				3,289
ASSET-BACKED SECURITY — 0.4%
Other — 0.4%
Small Business Administration, Ser 2005-P10B, Cl 1
4.940%, 08/10/15		86		86
Total Asset-Backed Security (Cost $86) ($ Thousands)				86

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 35

SCHEDULE OF INVESTMENTS (Unaudited)

Intermediate-Duration Government Fund (Concluded)

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
REPURCHASE AGREEMENT — 25.0%
BNP Paribas 0.150%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $5,900,074 (collateralized by various FNMA and FMAC obligations, ranging in par value $1.00 - $5,544,604, 1.250% - 7.000%, 01/30/17 - 04/30/45; with total market value $6,018,000) (B)	$	5,900	$	5,900
Total Repurchase Agreement (Cost $5,900) ($ Thousands)				5,900
Total Investments — 110.7% (Cost $25,576) ($ Thousands)			$	26,064

A list of the open futures contracts held by the Fund at July 31, 2015, is as follows:

Type of Contract	Number of Contracts Long (Short)			Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
U.S. 10-Year Treasury Note		(6	)		Sep-2015	$	(3	)
U.S. 2-Year Treasury Note		(21	)		Oct-2015		(9	)
U.S. 5-Year Treasury Note		90			Oct-2015		60
U.S. Long Treasury Bond		(1	)		Sep-2015		(5	)
						$	43

For the period ended July 31, 2015, the total amount of all open futures contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

Percentages are based on Net Assets of $23,542 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) Tri-Party Repurchase Agreement.

Cl — Class

FHLMC — Federal Home Loan Mortgage Corporation

FMAC — Financial Management Advisory Committee

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

HUD — Housing and Urban Development

NCUA — National Credit Union Association

REMIC — Real Estate Mortgage Investment Conduit

Ser — Series

The following is a summary of the inputs used as of July 31, 2015 in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1			Level 2		Level 3		Total
Mortgage-Backed Securities	$	—		$	14,836	$	—	$	14,836
U.S. Government Agency Obligations		—			3,289		—		3,289
Asset-Backed Security		—			86		—		86
U.S. Treasury Obligations		—			1,953		—		1,953
Repurchase Agreement		—			5,900		—		5,900
Total Investments in Securities	$	—		$	26,064	$	—	$	26,064
Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*
Unrealized Appreciation	$	60		$	—	$	—	$	60
Unrealized Depreciation		(17	)		—		—		(17	)
Total Other Financial Instruments	$	43		$	—	$	—	$	43

* Futures Contracts are valued at the net unrealized appreciation/(depreciation) on the instruments.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

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

The accompanying notes are an integral part of the financial statements.

36 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

SCHEDULE OF INVESTMENTS (Unaudited)

GNMA Fund

July 31, 2015

Description	Face Amount ($ Thousands)		Value ($ Thousands)
MORTGAGE-BACKED SECURITIES — 96.9%
Agency Mortgage-Backed Obligations — 96.9%
FNMA
8.000%, 07/01/25 to 09/01/28	$	34	$	37
7.000%, 08/01/29 to 09/01/32		69		73
6.500%, 09/01/32		78		89
4.250%, 10/01/28		4,587		5,061
4.180%, 11/01/28		1,703		1,869
3.355%, 01/01/27		1,359		1,419
FNMA REMIC, Ser 1990-91, Cl G
7.000%, 08/25/20		13		14
FNMA REMIC, Ser 1992-105, Cl B
7.000%, 06/25/22		25		27
FNMA REMIC, Ser 2002-42, Cl C
6.000%, 07/25/17		182		188
FNMA TBA
4.000%, 08/13/39		1,200		1,277
3.500%, 08/01/40 to 09/01/40		1,975		2,049
GNMA
10.000%, 05/15/16 to 09/15/19		8		7
9.500%, 08/15/17 to 10/15/20		16		17
9.000%, 12/15/17 to 05/15/22		54		56
8.500%, 10/15/16 to 06/15/17		6		6
8.000%, 04/15/17 to 03/15/32		274		305
7.750%, 10/15/26		26		30
7.500%, 02/15/27 to 10/15/35		209		247
7.250%, 01/15/28		72		80
7.000%, 04/15/19 to 06/20/38		2,553		3,016
6.750%, 11/15/27		11		13
6.500%, 09/15/16 to 10/15/38		945		1,095
6.000%, 07/15/24 to 12/15/40		2,034		2,317
5.500%, 01/15/33 to 02/15/41		3,336		3,799
5.000%, 06/15/33 to 01/20/45		10,431		11,632
4.500%, 08/15/33 to 09/20/41		5,741		6,279
4.000%, 12/15/40 to 11/15/42		5,478		5,853
3.875%, 05/15/42		1,892		2,013
3.500%, 03/20/41 to 06/20/45		6,950		7,265
2.500%, 07/20/45		1,000		975
GNMA REMIC, Ser 2002-45, Cl QE
6.500%, 06/20/32		366		429
GNMA TBA
4.500%, 08/15/39		1,200		1,293
4.000%, 08/01/39 to 08/01/42 (C)		2,700		2,735
3.500%, 08/15/41		28,250		29,495
3.000%, 08/15/42 to 08/20/43		9,950		10,119
GNMA, Ser 2003-9, Cl Z
5.500%, 01/20/33		1,000		1,132
Total Mortgage-Backed Securities (Cost $99,270) ($ Thousands)				102,311

Description	Face Amount ($ Thousands)		Value ($ Thousands)
REPURCHASE AGREEMENTS — 47.1%
BNP Paribas 0.150%, dated 07/31/15, to be repurchased on 08/03/15, repurchase price $24,800,310 (collateralized by various FMAC, FNMA, GNMA and U.S. Treasury obligations, ranging in par value $3 - $27,040,200, 0.625% - 6.000%, 04/30/18 - 08/01/45; with total market value $25,296,000) (B)	$	24,800	$	24,800
Deutsche Bank 0.170% dated 07/31/15, to be repurchased on 08/03/15, repurchase price $25,000,354 (collateralized by a U.S. Treasury Note, par value $24,363,000, 3.125%, 02/15/43, with total market value of $25,500,024) (B)		25,000		25,000
Total Repurchase Agreements (Cost $49,800) ($ Thousands)				49,800
Total Investments — 144.0% (Cost $149,070) ($ Thousands)			$	152,111

A list of the open futures contracts held by the Fund at July 31, 2015, is as follows:

Type of Contract	Number of Contracts Long (Short)			Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
U.S. 10-Year Treasury Note		(7	)		Sep-2015	$	(1	)
U.S. Long Treasury Bond		6			Sep-2015		35
						$	34

For the period ended July 31, 2015, the total amount of all open futures contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

Percentages are based on Net Assets of $105,596 ($ Thousands).

(A) Floating Rate Instrument. The rate reflected on the Schedule of Investments is the rate in effect on July 31, 2015. The demand and interest rate reset features give this security a shorter effective maturity date.

(B) Tri-Party Repurchase Agreement.

(C) Security, or portion thereof, has been pledged as collateral on open futures contracts.

Cl — Class

FMAC — Financial Management Advisory Committee

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

REMIC — Real Estate Mortgage Investment Conduit

Ser — Series

TBA — To Be Announced

The following is a summary of the inputs used as of July 31, 2015 in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3		Total
Mortgage-Backed Securities	$	—	$	102,311	$	—	$	102,311
Repurchase Agreements		—		49,800		—		49,800
Total Investments in Securities	$	—	$	152,111	$	—	$	152,111

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 37

SCHEDULE OF INVESTMENTS (Unaudited)

GNMA Fund (Concluded)

July 31, 2015

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*
Unrealized Appreciation	$	35		$	—	$	—	$	35
Unrealized Depreciation		(1	)		—		—		(1	)
Total Other Financial Instruments	$	34		$	—	$	—	$	34

* Futures Contracts are valued at the net unrealized appreciation/(depreciation) on the instruments.

As of July 31, 2015, there were no transfers between Level 1 and Level 2 assets and liabilities. As of July 31, 2015, there were no Level 3 securities.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

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

The accompanying notes are an integral part of the financial statements.

38 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

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Statements of Assets and Liabilities ($ Thousands)

July 31, 2015 (Unaudited)

	Money Market Fund			Government Fund			Government II Fund			Prime Obligation Fund
ASSETS:
Investments, at value†	$	218,124		$	768,527		$	1,218,392		$	4,220,036
Repurchase agreements†		39,176			1,170,000			—			575,991
Cash		10,755			135,881			1			215,617
Receivable for investment securities sold		—			—			—			—
Interest receivable		53			956			846			1,240
Receivable for fund shares sold		—			—			—			77
Receivable for variation margin		—			—			—			—
Prepaid expenses		11			77			51			201
Total Assets		268,119			2,075,441			1,219,290			5,013,162
LIABILITIES:
Payable for investment securities purchased		—			5,455			3,205			356
Shareholder servicing fees payable		—			—			—			—
Investment advisory fees payable		8			59			38			155
Administration fees payable		36			71			24			613
Income distribution payable		2			14			9			59
Trustees’ fees payable		—			1			—			3
Chief Compliance Officer fees payable		1			4			3			13
Payable for fund shares redeemed		—			—			—			—
Payable for variation margin		—			—			—			—
Accrued expense payable		9			68			42			202
Total Liabilities		56			5,672			3,321			1,401
Net Assets	$	268,063		$	2,069,769		$	1,215,969		$	5,011,761
†Cost of investments and repurchase agreements	$	257,300		$	1,938,527		$	1,218,392		$	4,796,027
NET ASSETS:
Paid-in Capital — (unlimited authorization — no par value)	$	268,061		$	2,069,800		$	1,215,967		$	5,011,808
Undistributed (Distributions in excess of) net investment income		2			—			(3	)		—
Accumulated net realized gain (loss) on investments		—			(31	)		5			(47	)
Net unrealized appreciation (depreciation) on investments		—			—			—			—
Net unrealized depreciation on futures contracts		—			—			—			—
Net Assets	$	268,063		$	2,069,769		$	1,215,969		$	5,011,761
Net Asset Value, Offering and Redemption Price Per Share — Class A		$1.00			$1.00			$1.00			$1.00
		($153,131,819 ÷ 153,161,510 shares	)		($1,904,020,286 ÷ 1,904,075,841 shares	)		($1,054,018,021 ÷ 1,054,082,539 shares	)		($4,906,693,209 ÷ 4,906,735,002 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class B		$1.00			$1.00			$1.00			$1.00
		($70,900,642 ÷ 70,900,309 shares	)		($120,911,435 ÷ 120,941,279 shares	)		($143,361,031 ÷ 143,395,260 shares	)		($75,512,160 ÷ 75,515,780 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class C		$1.00			$1.00			$1.00			$1.00
		($22,332,355 ÷ 22,332,244 shares	)		($2,225,656 ÷ 2,227,240 shares	)		($18,589,660 ÷ 18,589,106 shares	)		($7,930,669 ÷ 7,931,042 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class H		N/A			N/A			N/A			$1.00
											($18,331,608 ÷ 18,332,928 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class Y		N/A			N/A			N/A			N/A
Net Asset Value, Offering and Redemption Price Per Share — Sweep Class		$1.00			$1.00			N/A			$1.00
		($21,698,166 ÷ 21,694,320 shares	)		($42,611,937 ÷ 42,614,090 shares	)					($3,293,449 ÷ 3,292,989 shares	)

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

N/A — Not applicable. Class B, C, H, Y and Sweep Class currently not offered.

The accompanying notes are an integral part of the financial statements.

40 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Treasury Fund			Treasury II Fund			Ultra Short Duration Bond Fund			Short-Duration Government Fund			Intermediate-Duration Government Fund			GNMA Fund
	$  20,381			$588,306			$273,700			$736,589			$20,164			$102,311
	166,260			—			4,800			165,600			5,900			49,800
	14,475			—			90			4			132			76
	—			—			1,163			8,825			408			8,817
	27			1,479			608			2,543			55			197
	—			—			96			765			16			57
	—			—			4			95			36			7
	14			26			11			28			1			5
	201,157			589,811			280,472			914,449			26,712			161,270
	—			—			5,801			106,088			3,122			55,315
	—			—			—			64			2			50
	16			5			13			84			3			17
	—			—			23			455			9			121
	2			3			36			95			4			28
	—			—			—			1			—			—
	1			1			1			2			—			—
	—			—			136			432			6			119
	—			—			17			195			11			7
	12			17			21			59			13			17
	31			26			6,048			107,475			3,170			55,674
	$201,126			$589,785			$274,424			$806,974			$23,542			$105,596
	$186,641			$588,306			$279,235			$895,519			$25,576			$149,070
	$201,126			$589,771			$296,886			$808,880			$24,432			$102,226
	—			15			(247	)		8			(9	)		(243	)
	—			(1	)		(21,478	)		(8,371	)		(1,412	)		538
	—			—			(735	)		6,670			488			3,041
	—			—			(2	)		(213	)		43			34
	$201,126			$589,785			$274,424			$806,974			$23,542			$105,596
	$1.00			$1.00			$9.32			$10.48			$11.64			$10.83
	($98,059,344 ÷ 98,086,646 shares	)		($417,769,864 ÷ 417,882,533 shares	)		($274,424,414 ÷ 29,454,300 shares	)		($752,579,801 ÷ 71,822,950 shares	)		($23,542,308 ÷ 2,022,212 shares	)		($105,596,080 ÷ 9,750,508 shares	)
	$1.00			$1.00			N/A			N/A			N/A			N/A
	($85,901,755 ÷ 85,921,175 shares	)		($168,063,749 ÷ 168,084,915 shares	)
	$1.00			$1.00			N/A			N/A			N/A			N/A
	($10,895,171 ÷ 10,895,512 shares	)		($3,951,192 ÷ 3,951,092 shares	)
	N/A			N/A			N/A			N/A			N/A			N/A
	N/A			N/A			N/A			$10.48			N/A			N/A
										($54,394,272 ÷ 5,190,936 shares	)
	$1.00			N/A			N/A			N/A			N/A			N/A
	($6,269,546 ÷ 6,287,960 shares	)

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 41

Statements of Operations ($ Thousands)

For the six months ended July 31, 2015 (Unaudited)

	Money Market Fund			Government Fund			Government II Fund			Prime Obligation Fund
Investment Income:
Interest Income	$	258		$	1,084		$	594		$	5,446
Expenses:
Administration Fees		394			2,332			1,132			5,161
Shareholder Servicing Fees — Class A Shares		189			2,213			1,291			6,639
Shareholder Servicing Fees — Sweep Class Shares		27			54			—			4
Distribution Fees — Sweep Class Shares		56			110			—			9
Administrative and Shareholder Servicing Fees — Class B Shares		98			185			214			124
Administrative and Shareholder Servicing Fees — Class C Shares		59			13			41			45
Administrative and Shareholder Servicing Fees — Class H Shares		—			—			—			40
Investment Advisory Fees		92			680			417			1,901
Trustees’ Fees		2			12			8			35
Chief Compliance Officer Fees		1			4			3			11
Registration Fees		7			47			32			122
Custodian/Wire Agent Fees		8			57			35			157
Pricing Fees		—			4			2			10
Other Expenses		13			92			58			245
Total Expenses		946			5,803			3,233			14,503
Less, Waiver of:
Investment Advisory Fees		(46	)		(340	)		(209	)		(951	)
Administration Fees		(236	)		(1,985	)		(944	)		(1,587	)
Reimbursement from Administration Fees		—			—			—			—
Shareholder Servicing Fees — Class A Shares		(189	)		(2,213	)		(1,291	)		(6,639	)
Administrative & Shareholder Servicing Fees — Class B Shares		(95	)		(185	)		(214	)		(123	)
Administrative & Shareholder Servicing Fees — Class C Shares		(58	)		(13	)		(41	)		(45	)
Administrative & Shareholder Servicing Fees — Class H Shares		—			—			—			(40	)
Shareholder Servicing & Distribution Fees — Sweep Class		(83	)		(164	)		—			(13	)
Net Expenses		239			903			534			5,105
Net Investment Income		19			181			60			341
Net Realized and Unrealized Gain (Loss) on/from:
Investments		—			—			5			3
Futures Contracts		—			—			—			—
Net Change in Unrealized Appreciation (Depreciation) on/from:
Investments		—			—			—			—
Futures Contracts		—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	19		$	181		$	65		$	344

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

The accompanying notes are an integral part of the financial statements.

42 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Treasury Fund			Treasury II Fund			Ultra Short Duration Bond Fund			Short-Duration Government  Fund			Intermediate-Duration Government Fund			GNMA Fund
$	118		$	146		$	1,391		$	4,210		$	225		$	916
	390			727			396			1,109			40			163
	142			536			330			857			25			136
	145			—			—			—			—			—
	296			—			—			—			—			—
	126			259			—			—			—			—
	26			10			—			—			—			—
	—			—			—			—			—			—
	114			212			132			370			—			—
	2			4			2			5			10			54
	1			1			1			2			—			1
	9			17			6			18			—			—
	10			18			8			22			1			3
	1			1			20			57			1			3
	15			30			12			35			2			15
	1,277			1,815			907			2,475			79			375
	(57	)		(106	)		(106	)		—			(10	)		—
	(384	)		(727	)		(74	)		(208	)		—			—
	—			(62	)		—			—			—			(5	)
	(142	)		(536	)		(224	)		(514	)		(15	)		(27	)
	(126	)		(259	)		—			—			—			—
	(26	)		(10	)		—			—			—			—
	—			—			—			—			—			—
	(441	)		—			—			—			—			—
	101			115			503			1,753			54			343
	17			31			888			2,457			171			573
	—			—			4			272			10			155
	—			—			(79	)		(2,563	)		81			(199	)
	—			—			(126	)		(2,042	)		(163	)		(746	)
	—			—			146			104			(127	)		(17	)
$	17		$	31		$	833		$	(1,772	)	$	(28	)	$	(234	)

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 43

Statements of Changes in Net Assets ($ Thousands)

For the six months ended July 31, 2015 (Unaudited) and the year ended January 31

	Money Market Fund						Government Fund
	2/1/15-7/31/15			2/1/14-1/31/15			2/1/15-7/31/15			2/1/14-1/31/15
Operations:
Net Investment Income	$	19		$	28		$	181		$	378
Net Realized Gain on Investments		—			—			—			1
Net Increase in Net Assets Resulting from Operations		19			28			181			379
Dividends to Shareholders:
Net Investment Income
Class A		(14	)		(15	)		(165	)		(335	)
Class B		(3	)		(8	)		(12	)		(29	)
Class C		(1	)		(3	)		—			(1	)
Class H		—			—			—			—
Sweep Class		(1	)		(2	)		(4	)		(13	)
Total Dividends		(19	)		(28	)		(181	)		(378	)
Capital Share Transactions (All at $1.00 per share)
Class A:
Proceeds from Shares Issued		180,864			501,241			5,547,232			11,108,570
Reinvestment of Dividends & Distributions		8			9			32			94
Cost of Shares Redeemed		(175,019	)		(523,529	)		(5,431,535	)		(10,843,937	)
Net Increase (Decrease) from Class A Transactions		5,853			(22,279	)		115,729			264,727
Class B:
Proceeds from Shares Issued		101,398			286,653			262,924			619,369
Reinvestment of Dividends & Distributions		2			5			8			20
Cost of Shares Redeemed		(100,217	)		(271,603	)		(261,446	)		(646,901	)
Net Increase (Decrease) from Class B Transactions		1,183			15,055			1,486			(27,512	)
Class C:
Proceeds from Shares Issued		92,512			197,324			154,908			389,657
Reinvestment of Dividends & Distributions		—			1			—			—
Cost of Shares Redeemed		(92,809	)		(200,137	)		(158,477	)		(394,117	)
Net Increase (Decrease) from Class C Transactions		(297	)		(2,812	)		(3,569	)		(4,460	)
Class H:
Proceeds from Shares Issued		—			—			—			—
Reinvestment of Dividends & Distributions		—			—			—			—
Cost of Shares Redeemed		—			—			—			—
Net Increase (Decrease) from Class H Transactions		—			—			—			—
Sweep Class:
Proceeds from Shares Issued		146,947			277,785			85,847			224,637
Reinvestment of Dividends & Distributions		—			—			4			12
Cost of Shares Redeemed		(149,083	)		(275,420	)		(98,845	)		(279,594	)
Net Increase (Decrease) from Sweep Class Transactions		(2,136	)		2,365			(12,994	)		(54,945	)
Net Increase (Decrease) in Net Assets from Capital Shares Transactions		4,603			(7,671	)		100,652			177,810
Net Increase (Decrease) in Net Assets		4,603			(7,671	)		100,652			177,811
Net Assets:
Beginning of Period		263,460			271,131			1,969,117			1,791,306
End of Period	$	268,063		$	263,460		$	2,069,769		$	1,969,117
Undistributed (Distributions in Excess of) Net Investment Income	$	2		$	2		$	—		$	—

N/A — Not applicable. Class B, C, H, Y and Sweep Class currently not offered.

Amounts designated as “—” are zero or have been rounded to zero

The accompanying notes are an integral part of the financial statements.

44 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Government II Fund						Prime Obligation Fund						Treasury Fund						Treasury II Fund
2/1/15-7/31/15			2/1/14-1/31/15			2/1/15-7/31/15			2/1/14-1/31/15			2/1/15-7/31/15			2/1/14-1/31/15			2/1/15-7/31/15			2/1/14-1/31/15
$	60		$	128		$	341		$	496		$	17		$	37		$	31		$	71
	5			2			3			6			—			5			—			3
	65			130			344			502			17			42			31			74
	(52	)		(108	)		(335	)		(482	)		(6	)		(13	)		(22	)		(48	)
	(7	)		(18	)		(4	)		(9	)		(4	)		(10	)		(9	)		(22	)
	(1	)		(2	)		(1	)		(3	)		(1	)		(1	)		—			(1	)
	—			—			(1	)		(2	)		—			—			—			—
	—			—			—			—			(6	)		(13	)		—			—
	(60	)		(128	)		(341	)		(496	)		(17	)		(37	)		(31	)		(71	)
	1,343,480			3,046,015			17,014,143			32,895,448			404,591			982,066			733,149			1,890,227
	5			11			125			184			4			9			9			22
	(1,442,169	)		(3,139,591	)		(17,398,889	)		(31,812,544	)		(431,181	)		(903,757	)		(806,597	)		(1,839,502	)
	(98,684	)		(93,565	)		(384,621	)		1,083,088			(26,586	)		78,318			(73,439	)		50,747
	268,552			974,037			218,206			409,317			221,282			515,970			304,062			991,366
	6			12			1			1			3			9			1			2
	(297,959	)		(975,015	)		(226,191	)		(417,649	)		(220,015	)		(540,994	)		(335,888	)		(1,039,276	)
	(29,401	)		(966	)		(7,984	)		(8,331	)		1,270			(25,015	)		(31,825	)		(47,908	)
	57,481			106,851			66,801			238,965			14,578			53,042			13,005			41,616
	—			—			—			—			—			—			—			—
	(55,550	)		(111,024	)		(81,582	)		(234,001	)		(14,254	)		(54,725	)		(13,223	)		(52,895	)
	1,931			(4,173	)		(14,781	)		4,964			324			(1,683	)		(218	)		(11,279	)
	N/A			N/A			12,986			32,334			—			—			—			—
	N/A			N/A			1			2			—			—			—			—
	N/A			N/A			(14,672	)		(33,121	)		—			—			—			—
	N/A			N/A			(1,685	)		(785	)		—			—			—			—
	N/A			N/A			12,959			26,554			85,014			178,641			N/A			N/A
	N/A			N/A			—			—			—			—			N/A			N/A
	N/A			N/A			(13,791	)		(26,417	)		(199,321	)		(184,407	)		N/A			N/A
	N/A			N/A			(832	)		137			(114,307	)		(5,766	)		N/A			N/A
	(126,154	)		(98,704	)		(409,903	)		1,079,073			(139,299	)		45,854			(105,482	)		(8,440	)
	(126,149	)		(98,702	)		(409,900	)		1,079,079			(139,299	)		45,859			(105,482	)		(8,437	)
	1,342,118			1,440,820			5,421,661			4,342,582			340,425			294,566			695,267			703,704
$	1,215,969		$	1,342,118		$	5,011,761		$	5,421,661		$	201,126		$	340,425		$	589,785		$	695,267
$	(3	)	$	(3	)	$	—		$	—		$	—		$	—		$	15		$	15

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 45

Statements of Changes in Net Assets ($ Thousands)

For the six months ended July 31, 2015 (Unaudited) and the year ended January 31

	Ultra Short Duration Bond Fund
	2/1/15-7/31/15			2/1/14-1/31/15
Operations:
Net Investment Income	$	888		$	1,627
Net Realized Gain (Loss) on Investments and Futures Contracts		(75	)		303
Net Change in Unrealized Appreciation (Depreciation) on Investments and Futures Contracts		20			(540	)
Net Increase (Decrease) in Net Assets Resulting from Operations		833			1,390
Dividends to Shareholders:
Net Investment Income
Class A		(1,134	)		(2,129	)
Class Y		N/A			N/A
Total Dividends		(1,134	)		(2,129	)
Capital Share Transactions:
Class A:
Proceeds from Shares Issued		58,288			76,923
Reinvestment of Dividends & Distributions		906			1,669
Cost of Shares Redeemed		(40,083	)		(93,460	)
Net Increase (Decrease) from Class A Transactions		19,111			(14,868	)
Capital Share Transactions:
Class Y:
Proceeds from Shares Issued		N/A			N/A
Reinvestment of Dividends & Distributions		N/A			N/A
Cost of Shares Redeemed		N/A			N/A
Net Increase (Decrease) from Class Y Transactions		N/A			N/A
Net Increase (Decrease) in Net Assets from Capital Share Transactions		19,111			(14,868	)
Net Increase (Decrease) in Net Assets		18,810			(15,607	)
NET ASSETS:
Beginning of Period		255,614			271,221
End of Period	$	274,424		$	255,614
Undistibuted (Distributions in Excess of) Net Investment Income	$	(247	)	$	(1	)
Capital Share Transactions:
Class A
Shares Issued		6,249			8,226
Reinvestment of Distributions		97			178
Shares Redeemed		(4,297	)		(9,995	)
Net Increase (Decrease) in Shares Outstanding from Class A Share Transactions		2,049			(1,591	)
Capital Share Transactions:
Class Y
Shares Issued		N/A			N/A
Reinvestment of Distributions		N/A			N/A
Shares Redeemed		N/A			N/A
Net Increase (Decrease) in Shares Outstanding from Class Y Share Transactions		N/A			N/A
Total Increase (Decrease) in Shares Outstanding from Share Transactions		2,049			(1,591	)

N/A — Not applicable. Class B, C, H, Y and Sweep Class currently not offered.

Amounts designated as “—” are zero or have been rounded to zero

The accompanying notes are an integral part of the financial statements.

46 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Short-Duration Government Fund						Intermediate-Duration Government Fund						GNMA Fund
2/1/15-7/31/15			2/1/14-1/31/15			2/1/15-7/31/15			2/1/14-1/31/15			2/1/15-7/31/15			2/1/14-1/31/15
$	2,457		$	6,416		$	171		$	455		$	573		$	1,323
	(2,291	)		(438	)		91			(157	)		(44	)		6,412
	(1,938	)		2,577			(290	)		516			(763	)		(958	)
	(1,772	)		8,555			(28	)		814			(234	)		6,777
	(2,794	)		(6,829	)		(192	)		(561	)		(813	)		(1,978	)
	(250	)		(18	)		N/A			N/A			N/A			N/A
	(3,044	)		(6,847	)		(192	)		(561	)		(813	)		(1,978	)
	239,854			280,452			5,444			5,144			18,715			39,296
	2,268			5,783			163			447			633			1,607
	(146,190	)		(388,465	)		(2,099	)		(10,303	)		(30,609	)		(86,470	)
	95,932			(102,230	)		3,508			(4,712	)		(11,261	)		(45,567	)
	3,311			55,715			N/A			N/A			N/A			N/A
	251			21			N/A			N/A			N/A			N/A
	(3,822	)		(835	)		N/A			N/A			N/A			N/A
	(260	)		54,901			N/A			N/A			N/A			N/A
	95,672			(47,329	)		3,508			(4,712	)		(11,261	)		(45,567	)
	90,856			(45,621	)		3,288			(4,459	)		(12,308	)		(40,768	)
	716,118			761,739			20,254			24,713			117,904			158,672
$	806,974		$	716,118		$	23,542		$	20,254		$	105,596		$	117,904
$	8		$	595		$	(9	)	$	12		$	(243	)	$	(3	)
	22,844			26,686			469			444			1,721			3,675
	216			550			14			38			58			151
	(13,916	)		(36,956	)		(180	)		(887	)		(2,820	)		(8,150	)
	9,144			(9,720	)		303			(405	)		(1,041	)		(4,324	)
	315			5,293			N/A			N/A			N/A			N/A
	24			2			N/A			N/A			N/A			N/A
	(364	)		(79	)		N/A			N/A			N/A			N/A
	(25	)		5,216			N/A			N/A			N/A			N/A
	9,119			(4,504	)		303			(405	)		(1,041	)		(4,324	)

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 47

Financial Highlights

For the six months ended July 31, 2015 (Unaudited) and for the years ending January 31,

For a Share Outstanding Throughout the Period

	Net Asset Value, Beginning of Period		Net Investment Income*		Net Realized and Unrealized Gains (Losses)  on Securities		Total from Operations		Dividends from Net Investment Income			Distributions from Realized Capital Gains			Total Dividends			Net Asset Value, End of Period		Total Return†			Net Assets End of Period ($ Thousands)		Ratio of Expenses to Average Net Assets			Ratio of Expenses to Average Net  Assets (Excluding Waivers)			Ratio of Net Investment Income to Average Net Assets
Money Market Fund
Class A
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.01	%	$	153,132		0.18	%(2)		0.64	%		0.02	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			147,279		0.15	(2)		0.66			0.01
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			169,555		0.17	(2)		0.67			0.02
2013		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.09			255,063		0.18			0.68			0.09
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.06			146,460		0.18			0.68			0.06
2011		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.14			214,779		0.18			0.68			0.14
Class B
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.00	%	$	70,901		0.19	%(2)		0.69	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			69,717		0.15	(2)		0.71			0.01
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			54,654		0.18	(2)		0.73			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.01			60,069		0.26	(2)		0.73			0.01
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			73,035		0.23	(2)		0.73			0.01
2011		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.01			39,352		0.30	(2)		0.80			0.01
Class C
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.00	%	$	22,332		0.19	%(2)		0.89	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			22,629		0.15	(2)		0.91			0.01
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			25,428		0.18	(2)		0.93			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.01			32,314		0.26	(2)		0.93			0.01
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			33,110		0.23	(2)		0.93			0.01
2011		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.01			52,876		0.30	(2)		0.80			0.01
Sweep Class
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.00	%	$	21,698		0.19	%(2)		1.14	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			23,835		0.15	(2)		1.16			0.01
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			21,494		0.18	(2)		1.18			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.01			19,972		0.26	(2)		1.18			0.01
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.01			22,701		0.23	(2)		1.18			0.01
2011		1.00		—		—		—		—	(1)		—	(1)		—	(1)		1.00		0.01			26,603		0.31			0.81			0.01
Government Fund
Class A
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.01	%	$	1,904,020		0.09	%(2)		0.58	%		0.02	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			1,788,290		0.07	(2)		0.58			0.02
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			1,523,561		0.09	(2)		0.58			0.02
2013		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			1,292,334		0.16	(2)		0.59			0.02
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			1,054,551		0.10	(2)		0.59			0.05
2011		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			633,160		0.17	(2)		0.59			0.05
Class B
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.01	%	$	120,911		0.09	%(2)		0.63	%		0.02	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			119,425		0.07	(2)		0.63			0.02
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			146,938		0.09	(2)		0.63			0.02
2013		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			133,693		0.16	(2)		0.64			0.02
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			120,664		0.09	(2)		0.64			0.05
2011		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			334,209		0.16	(2)		0.64			0.05
Class C
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.01	%	$	2,226		0.09	%(2)		0.83	%		0.02	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			5,795		0.07	(2)		0.83			0.02
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			10,255		0.09	(2)		0.83			0.02
2013		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			12,552		0.16	(2)		0.84			0.02
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			8,036		0.10	(2)		0.84			0.05
2011		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			55,406		0.17	(2)		0.84			0.05
Sweep Class
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	—	(1)	$	1.00		0.01	%	$	42,612		0.09	%(2)		1.08	%		0.02	%
2015		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			55,607		0.08	(2)		1.08			0.02
2014		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			110,552		0.09	(2)		1.08			0.02
2013		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.02			35,137		0.16	(2)		1.09			0.02
2012		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			27,234		0.09	(2)		1.09			0.05
2011		1.00		—		—		—		—	(1)		—			—	(1)		1.00		0.05			25,158		0.16	(2)		1.09			0.05

Amounts designated as ‘‘—’’ are zero or have been rounded to zero.

@ For the six month period ended July 31, 2015. All ratios for the period have been annualized.

(1) Amount represents less than $0.01 per share.

(2) The Distributor and/or Administrator have voluntarily agreed to waive and reduce its fee and/or reimburse certain expenses of the Fund in order to limit the one-day net income yield of the Fund to not less than 0.01% of the Fund’s average daily net assets of the share class. Had these waivers expense been excluded the ratio would have been at the expense ratio cap figure. See Note 3 for expense ratio cap figure.

* Per share calculations were performed using average shares.

† Returns are for the period indicated and have not been annualized. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.

The accompanying notes are an integral part of the financial statements.

48 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

	Net Asset Value, Beginning of Period		Net Investment Income*		Net Realized and Unrealized Gains (Losses)  on Securities		Total from Operations		Dividends from Net Investment Income			Distributions from Realized Capital Gains			Net Asset Value, End of Period		Total Return†			Net Assets End of Period ($ Thousands)		Ratio of Expenses to Average Net Assets			Ratio of Expenses to Average Net Assets (Excluding Waivers)			Ratio of Net Investment Income to Average Net Assets
Government II Fund
Class A
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	1,054,018		0.09	%(2)		0.53	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			1,152,698		0.08	(2)		0.53			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			1,246,262		0.09	(2)		0.53			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		1.00		0.01			1,237,205		0.12	(2)		0.54			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			1,308,018		0.09	(2)		0.54			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			1,233,569		0.16	(2)		0.54			0.01
Class B
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	143,361		0.09	%(2)		0.58	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			172,762		0.08	(2)		0.58			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			173,727		0.09	(2)		0.58			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		1.00		0.01			204,630		0.12	(2)		0.59			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			166,481		0.09	(2)		0.59			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			119,864		0.16	(2)		0.59			0.01
Class C
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	18,590		0.09	%(2)		0.78	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			16,658		0.08	(2)		0.78			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			20,831		0.09	(2)		0.78			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		1.00		0.01			9,122		0.12	(2)		0.79			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			5,408		0.10	(2)		0.79			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			9,460		0.16	(2)		0.79			0.01
Prime Obligation Fund
Class A
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.01	%	$	4,906,693		0.19	%(2)		0.53	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			5,291,311		0.16	(2)		0.53			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			4,208,216		0.17	(2)		0.53			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.07			3,714,719		0.20	(2)		0.54			0.07
2012		1.00		—		—		—		—	(1)		—			1.00		0.04			4,107,485		0.20	(2)		0.54			0.04
2011		1.00		—		—		—		—	(1)		—			1.00		0.11			3,144,153		0.20	(2)		0.54			0.12
Class B
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	75,512		0.19	%(2)		0.58	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			83,497		0.16	(2)		0.58			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			91,828		0.18	(2)		0.58			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			119,581		0.26	(2)		0.59			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			135,978		0.23	(2)		0.59			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			135,319		0.31	(2)		0.59			0.01
Class C
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	7,931		0.19	%(2)		0.78	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			22,711		0.16	(2)		0.78			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			17,747		0.18	(2)		0.78			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			34,102		0.26	(2)		0.79			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			42,051		0.23	(2)		0.79			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			56,037		0.30	(2)		0.79			0.01
Class H
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	18,332		0.19	%(2)		0.71	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			20,016		0.16	(2)		0.71			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			20,801		0.18	(2)		0.71			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			25,429		0.26	(2)		0.72			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			25,646		0.23	(2)		0.72			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			24,405		0.30	(2)		0.72			0.01
Sweep Class
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	3,293		0.19	%(2)		1.03	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			4,126		0.16	(2)		1.03			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			3,990		0.18	(2)		1.03			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			3,169		0.26	(2)		1.04			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			4,170		0.23	(2)		1.04			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			4,710		0.30	(2)		1.04			0.01

Amounts designated as ‘‘—’’ are zero or have been rounded to zero.

@ For the six month period ended July 31, 2015. All ratios for the period have been annualized.

(1) Amount represents less than $0.01 per share.

(2) The Distributor and/or Administrator have voluntarily agreed to waive and reduce its fee and/or reimburse certain expenses of the Fund in order to limit the one-day net income yield of the Fund to not less than 0.01% of the Fund’s average daily net assets of the share class. Had these waivers expense been excluded the ratio would have been at the expense ratio cap figure. See Note 3 for expense ratio cap figure.

* Per share calculations were performed using average shares.

† Returns are for the period indicated and have not been annualized. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.

The accompanying notes are an integral part of the financial statements.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 49

Financial Highlights

For the six months ended July 31, 2015 (Unaudited) and for the years ending January 31,

For a Share Outstanding Throughout the Period

	Net Asset Value, Beginning of Period		Net Investment Income*		Net Realized and Unrealized Gains (Losses)  on Securities		Total from Operations		Dividends from Net Investment Income			Distributions from Realized Capital Gains			Net Asset Value, End of Period		Total Return†			Net Assets End of Period ($ Thousands)		Ratio of Expenses to Average Net Assets			Ratio of Expenses to Average Net Assets (Excluding Waivers)			Ratio of Net Investment Income to Average Net Assets
Treasury Fund
Class A
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	98,059		0.06	%(2)		0.58	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			124,646		0.05	(2)		0.58			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			46,315		0.08	(2)		0.58			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			82,339		0.14	(2)		0.59			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			199,520		0.08	(2)		0.59			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.02			175,749		0.18	(2)		0.59			0.02
Class B
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	85,902		0.06	%(2)		0.63	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			84,632		0.05	(2)		0.63			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			109,643		0.08	(2)		0.63			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			108,605		0.14	(2)		0.64			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			114,026		0.08	(2)		0.64			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			178,769		0.19	(2)		0.64			0.01
Class C
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	10,895		0.06	%(2)		0.83	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			10,571		0.05	(2)		0.83			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			12,254		0.08	(2)		0.83			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			10,983		0.14	(2)		0.84			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			6,984		0.08	(2)		0.84			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			10,948		0.18	(2)		0.84			0.01
Sweep Class
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	6,270		0.06	%(2)		1.08	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			120,576		0.05	(2)		1.08			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			126,354		0.08	(2)		1.08			0.01
2013		1.00		—		—		—		—	(1)		—			1.00		0.01			126,593		0.14	(2)		1.09			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			137,336		0.08	(2)		1.09			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			129,514		0.19	(2)		1.09			0.01
Treasury II Fund
Class A
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	417,770		0.04	%(2)		0.58	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			491,209		0.04	(2)		0.58			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			440,422		0.06	(2)		0.58			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		1.00		0.01			460,590		0.08	(2)		0.59			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			472,352		0.05	(2)		0.59			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			287,823		0.12	(2)		0.59			0.01
Class B
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	168,064		0.04	%(2)		0.63	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			199,889		0.04	(2)		0.63			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			247,836		0.06	(2)		0.63			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		1.00		0.01			330,880		0.08	(2)		0.64			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			395,099		0.05	(2)		0.64			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			178,037		0.12	(2)		0.64			0.01
Class C
2015@	$	1.00	$	—	$	—	$	—	$	—	(1)	$	—		$	1.00		0.00	%	$	3,951		0.04	%(2)		0.83	%		0.01	%
2015		1.00		—		—		—		—	(1)		—			1.00		0.01			4,169		0.04	(2)		0.83			0.01
2014		1.00		—		—		—		—	(1)		—			1.00		0.01			15,446		0.06	(2)		0.83			0.01
2013		1.00		—		—		—		—	(1)		—	(1)		1.00		0.01			5,982		0.08	(2)		0.84			0.01
2012		1.00		—		—		—		—	(1)		—			1.00		0.01			5,924		0.05	(2)		0.84			0.01
2011		1.00		—		—		—		—	(1)		—			1.00		0.01			6,183		0.12	(2)		0.84			0.01

Amounts designated as ‘‘—’’ are zero or have been rounded to zero.

@ For the six month period ended July 31, 2015. All ratios for the period have been annualized.

(1) Amount represents less than $0.01 per share.

(2) The Distributor and/or Administrator have voluntarily agreed to waive and reduce its fee and/or reimburse certain expenses of the Fund in order to limit the one-day net income yield of the Fund to not less than 0.01% of the Fund’s average daily net assets of the share class. Had these waivers expense been excluded the ratio would have been at the expense ratio cap figure. See Note 3 for expense ratio cap figure.

* Per share calculations were performed using average shares.

† Returns are for the period indicated and have not been annualized. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.

The accompanying notes are an integral part of the financial statements.

50 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

	Net Asset Value, Beginning of Period		Net Investment Income*		Net Realized and Unrealized Gains (Losses)  on Securities			Total from Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Total Dividends and Distributions			Net Asset Value, End of Period		Total Return†			Net Assets End of Period ($ Thousands)		Ratio of Expenses to Average Net Assets			Ratio of Expenses to Average Net Assets (Excluding Waivers)			Ratio of Net Investment Income to Average Net Assets			Portfolio Turnover Rate
Ultra Short Duration Bond Fund
Class A
2015@	$	9.33	$	0.03	$	—		$	0.03		$	(0.04	)	$	—		$	(0.04	)	$	9.32		0.32	%	$	274,424		0.38	%		0.69	%		0.67	%		53	%
2015		9.35		0.06		—			0.06			(0.08	)		—			(0.08	)		9.33		0.60			255,614		0.38			0.72			0.61			106
2014		9.37		0.06		—			0.06			(0.08	)		—			(0.08	)		9.35		0.64			271,221		0.38			0.73			0.63			131
2013		9.26		0.08		0.13			0.21			(0.10	)		—			(0.10	)		9.37		2.31			241,007		0.38			0.74			0.85			197
2012		9.33		0.10		(0.05	)		0.05			(0.12	)		—			(0.12	)		9.26		0.55			255,002		0.38			0.74			1.08			177
2011		9.24		0.13		0.12			0.25			(0.16	)		—			(0.16	)		9.33		2.74			465,612		0.38			0.74			1.37			78
Short-Duration Government Fund
Class A
2015@	$	10.55	$	0.03	$	(0.06	)	$	(0.03	)	$	(0.04	)	$	—		$	(0.04	)	$	10.48		(0.26	)%	$	752,580		0.48	%		0.69	%		0.66	%		102	%
2015		10.52		0.09		0.04			0.13			(0.10	)		—			(0.10	)		10.55		1.20			661,101		0.48			0.73			0.85			151
2014		10.62		0.06		(0.06	)		0.00			(0.10	)		—			(0.10	)		10.52		(0.01	)		761,739		0.48			0.73			0.56			565
2013		10.72		0.06		0.04			0.10			(0.10	)		(0.10	)		(0.20	)		10.62		0.92			711,100		0.48			0.74			0.55			628
2012		10.59		0.09		0.17			0.26			(0.12	)		(0.01	)		(0.13	)		10.72		2.53			739,126		0.48			0.74			0.85			712
2011		10.52		0.09		0.18			0.27			(0.14	)		(0.06	)		(0.20	)		10.59		2.59			867,313		0.48			0.72			0.84			521
Class Y
2015@	$	10.55	$	0.04	$	(0.06	)	$	(0.02	)	$	(0.05	)	$	—		$	(0.05	)	$	10.48		(0.21	)%	$	54,394		0.38	%		0.44	%		0.76	%		102	%
2015(2)		10.50		0.01		0.05			0.06			(0.01	)		—			(0.01	)		10.55		0.54			55,017		0.38			0.46			0.97			151
Intermediate-Duration Government Fund
Class A
2015@	$	11.78	$	0.10	$	(0.13	)	$	(0.03	)	$	(0.11	)	$	—		$	(0.11	)	$	11.64		(0.25	)%	$	23,542		0.53	%		0.78	%		1.70	%		40	%
2015		11.63		0.28		0.16			0.44			(0.29	)		—			(0.29	)		11.78		3.88			20,254		0.53			0.77			2.04			121
2014		11.89		0.19		(0.21	)		(0.02	)		(0.24	)		—			(0.24	)		11.63		(0.14	)		20,713		0.53			0.72			1.64			373
2013		11.91		0.16		0.03			0.19			(0.21	)		—			(0.21	)		11.89		1.63			37,523		0.53			0.73			1.33			740
2012		11.32		0.17		0.64			0.81			(0.22	)		—	(1)		(0.22	)		11.91		7.22			71,458		0.53			0.74			1.47			726
2011		11.24		0.13		0.39			0.52			(0.19	)		(0.25	)		(0.44	)		11.32		4.62			187,944		0.53			0.72			1.14			590
GNMA Fund
Class A
2015@	$	10.93	$	0.06	$	(0.08	)	$	(0.02	)	$	(0.08	)	$	—		$	(0.08	)	$	10.83		(0.18	)%	$	105,596		0.63	%		0.69	%		1.05	%		409	%
2015		10.50		0.11		0.49			0.60			(0.17	)		—			(0.17	)		10.93		5.79			117,904		0.63			0.69			1.07			758
2014		10.70		0.07		(0.09	)		(0.02	)		(0.18	)		—			(0.18	)		10.50		(0.14	)		158,672		0.63			0.69			0.68			758
2013		10.91		0.09		0.13			0.22			(0.19	)		(0.24	)		(0.43	)		10.70		1.98			304,425		0.63			0.70			0.83			867
2012		10.58		0.02		0.83			0.85			(0.13	)		(0.39	)		(0.52	)		10.91		8.09			243,016		0.63			0.70			0.22			1,515
2011		10.28		0.13		0.49			0.62			(0.16	)		(0.16	)		(0.32	)		10.58		6.06			334,415		0.63			0.70			1.27			1,024

Amounts designated as ‘‘—’’ are zero or have been rounded to zero.

@ For the six month period ended July 31, 2015. All ratios for the period have been annualized.

(1) Amount represents less than $.001 per share.

(2) Commenced operations on December 31, 2014.

* Per share calculations were performed using average shares.

† Returns are for the period indicated and have not been annualized. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.

The accompanying notes are an integral part of the financial statements.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 51

Notes to Financial Statements (Unaudited)

July 31, 2015

1. ORGANIZATION

SEI Daily Income Trust (the “Trust”) was organized as a Massachusetts business trust under a Declaration of Trust dated March 15, 1982.

The Trust is registered under the Investment Company Act of 1940, as amended, as a diversified, open-end investment company with ten operational Funds: the Money Market, Government, Government II, Prime Obligation, Treasury and Treasury II (each a “Fund,” collectively, the “Money Market Funds”), the Ultra Short Duration Bond Class A, Short-Duration Government Class A and Y, Intermediate-Duration Government Class A and GNMA Class A (each a “Fund,” collectively, the “Fixed Income Funds”). The Trust is registered to offer: Class A shares of the Funds; Class B and Class C shares of the Money Market, Prime Obligation, Government, Government II, Treasury and Treasury II Funds; Class H shares of the Prime Obligation Fund; and Sweep Class shares of the Money Market, Government, Prime Obligation and Treasury Funds. The assets of each Fund are segregated, and a shareholder’s interest is limited to the Fund in which shares are held. The Funds’ prospectuses provide a description of each Fund’s investment objective and strategies.

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Funds.

Use of Estimates — The preparation of financial statements, in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”), requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

Security Valuation — Investment securities of the Money Market Funds are stated at amortized cost, which approximates market value. Under this valuation method, purchase discounts and premiums are accreted and amortized ratably to maturity and are included in interest income. The Fund’s use of amortized cost is subject to its compliance with certain conditions as specified by Rule 2a-7 of the 1940 Act.

Investment securities of the Fixed Income Funds listed on a securities exchange, market or automated quotation system for which quotations are readily available are valued at the last quoted sale price on the primary exchange or market on which they are traded, or, if there is no such reported sale, at the most recent quoted bid price. If available, debt securities are priced based upon valuations provided by independent third-party pricing agents. Such values generally reflect the last reported sales price if the security is actively traded. The third party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, or other methodologies designed to identify the market value for such securities. Debt obligations with

remaining maturities of sixty days or less may be valued at their amortized cost, which approximates market value. Prices for most securities held in the Funds are provided daily by recognized independent pricing agents. If a security price cannot be obtained from an independent third-party pricing agent, the Fixed Income Funds seek to obtain a bid price from at least one independent broker.

Securities for which market prices are not “readily available” are valued in accordance with Fair Value Procedures established by the Trust’s Board of Trustees. The Trust’s Fair Value Procedures are implemented through a Fair Value Committee (the “Committee”) designated by the Funds’ Board of Trustees. Some of the more common reasons that may necessitate that a security be valued using Fair Value Procedures include: the security’s trading has been halted or suspended; the security has been de-listed from a national exchange; the security’s primary trading market is temporarily closed at a time when under normal conditions it would be open; or the security’s primary pricing source is not able or willing to provide a price. When a security is valued in accordance with the Fair Value Procedures, the Committee will determine the value after taking into consideration relevant information reasonably available to the Committee. As of July 31, 2015, there were no fair valued securities held by the Funds.

In accordance with U.S. GAAP, fair value is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three tier hierarchy has been established to maximize the use of observable and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing an asset. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances.

The three-tier hierarchy of inputs is summarized in the three broad Levels listed below:

Level 1 — Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Fund has the ability to access at the measurement date;

Level 2 — Quoted prices which are not active, or inputs that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and

Level 3 — Prices, inputs or exotic modeling techniques which are both significant to the fair value measurement and unobservable (supported by little or no market activity).

52 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

Investments are classified within the level of the lowest significant input considered in determining fair value. Investments classified within Level 3 whose fair value measurement considers several inputs may include Level 1 or Level 2 inputs as components of the overall fair value measurement.

For the period ended July 31, 2015, there have been no significant changes to the Trust’s fair valuation methodologies.

Security Transactions and Investment Income — Security transactions are recorded on the trade date. Costs used in determining net realized capital gains and losses on the sale of securities are on the basis of specific identification. Dividend income is recognized on the ex-dividend date, and interest income is recognized using the accrual basis of accounting. Income from payment-in-kind securities is recorded daily based on the effective interest method of accrual.

Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments and/or as a realized gain. The Trust estimates the components of distributions received that may be considered nontaxable distributions or capital gain distributions.

For the Fixed Income Funds, amortization and accretion is calculated using the scientific interest method, which approximates the effective interest method over the holding period of the security. Amortization of premiums and discounts is included in interest income.

For the Money Market Funds, all amortization is calculated using the straight line method over the holding period of the security. Amortization of premiums and accretion of discounts are included in interest income.

Repurchase Agreements — To the extent consistent with its investment objective and strategies, securities pledged as collateral for repurchase agreements are held by each Fund’s custodian bank until the repurchase date of the repurchase agreement. The Funds also invest in tri-party repurchase agreements. Securities held as collateral for tri-party repurchase agreements are maintained by the broker’s custodian bank in a segregated account until the repurchase date of the repurchase agreement. Provisions of the repurchase agreements and the Trust’s policies require that the market value of the collateral, including accrued interest thereon, is sufficient in the event of default by the counterparty. If the counterparty defaults and the value of the collateral declines, or if the counterparty enters into an insolvency proceeding, realization of the collateral by the Funds may be delayed or limited.

It is the Funds’ policy to present the repurchase agreements contracts separately on the Statements of Assets and Liabilities, as the Funds do not have a master netting agreement with the counterparty to the repurchase agreements contracts. Refer to each Fund’s Schedule of Investments for details regarding repurchase agreements contracts as of July 31, 2015, if applicable.

Futures Contracts — To the extent consistent with its investment objective and strategies, the Fixed Income Funds utilized futures contracts during the six months ended July 31, 2015. These Funds’ investments in futures contracts are designed to enable the Funds to more closely approximate the performance of their benchmark indices. The Funds chose to invest in futures contracts for tactical hedging purposes as well as to enhance the Funds’ returns. Initial margin deposits of cash or securities are made upon entering into futures contracts. The contracts are marked to market daily and the resulting changes in value are accounted for as unrealized gains and losses. Variation margin payments are paid or received, depending upon whether unrealized gains or losses are incurred. When the contract is closed, the Funds record a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transaction and the amount invested in the contract.

Risks of entering into futures contracts include the possibility that there will be an imperfect price correlation between the futures and the underlying securities. Second, it is possible that a lack of liquidity for futures contracts could exist in the secondary market, resulting in an inability to close a position prior to its maturity date. Third, the futures contract involves the risk that the Funds could lose more than the original margin deposit required to initiate a futures transaction.

Finally, the risk exists that losses could exceed amounts disclosed on the Statements of Assets and Liabilities.

It is the Funds’ policy to present the gross variation margin payable and the gross variation margin receivable of the future contracts separately on the Statements of Assets and Liabilities, as the Funds do not have a master netting agreement with the counterparty to the futures contracts. Refer to each Fund’s Schedule of Investments for details regarding open future contracts as of July 31, 2015, if applicable. The fair value of interest rate futures contracts held in the Fixed Income Funds can be found on the Statements of Assets and Liabilities under the captions Receivable for Variation Margin and Payable for Variation Margin. Only current day’s variation margin is reported within the Statements of Assets and Liabilities. Cumulative appreciation/ depreciation of futures contracts are reported in the respective Fixed Income Funds’ Schedule of Investments. Realized gains or losses on interest rate futures contracts related to the Fixed Income Funds are recognized on the Statements of Operations as part of Net Realized Gain (Loss) on Futures Contracts and any change in unrealized appreciation or depreciation is recognized on the Statements of Operations as Net Unrealized Gain (Loss) on Futures Contracts.

Swap Agreements — To the extent consistent with its investment objective and strategies, a Fund’s investment in swap contracts is mainly used as an efficient means to take and manage risk in the portfolio, including interest rate risk, credit risk and overall yield sensitivity. A swap agreement is a two-party contract under which an agreement is made to exchange returns from predetermined investments or instruments, including a particular interest rate, foreign

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 53

Notes to Financial Statements (Unaudited) (Continued)

July 31, 2015

currency, or “basket” of securities representing a particular index. Interest rate swaps involve the exchange by a Fund with another party of their respective commitments to pay or receive interest (e.g., an exchange of floating rate payments for fixed rate payments) with respect to a notional amount of principal. Credit-default swaps involve periodic payments by a Fund or counterparty based on a specified rate multiplied by a notional amount assigned to an underlying debt instrument or group of debt instruments in exchange for the assumption of credit risk on the same instruments. In the event of a credit event, usually in the form of a credit rating downgrade, the party receiving periodic payments (i.e. floating rate payer) must pay the other party (i.e. fixed rate payer) an amount equal to the recovery rate used to settle the contracts. The recovery rate is a function of how many credit default swap investors wish to deliver the security or receive the security. The recovery rate is determined through an auction process. Total return swaps allow an investor to benefit from the cash flow without ever actually owning the underlying security. The receiver must pay any decline in value to the payer at the end of the total return swap. However, the investor does not need to make a payment if there is no decline in price. Payments can be made on various indices, bonds (i.e. mortgage backed securities, bank debt and corporate), loans or commodities. The value of a total return swap is equal to the change in value of the underlying asset versus the accrued income payment based on LIBOR or some other form of indices on the notional amount. Interest rate swaps involve the exchange by a Fund with another party of their respective commitments to pay or receive interest (e.g., an exchange of floating rate payments for fixed rate payments) with respect to a notional amount of principal to manage a Fund’s exposure to interest rates. Payments received or made are recorded as realized gains or loss. A Fund could be exposed to credit or market risk due to unfavorable changes in the fluctuation of interest rates or if the counterparty defaults on its obligation to perform. Risk of loss may exceed amounts recognized on the statement of assets and liabilities. Interest rate swap contracts outstanding at period end, if any, are listed after a Fund’s portfolio. In connection with swap agreements securities may be set aside as collateral by a Fund’s custodian. A Fund may enter into swap agreements in order to, among other things, change the maturity or duration of the investment portfolio, to protect a Fund’s value from changes in interest rates, or to expose a Fund to a different security or market.

Swaps are marked-to-market daily based upon quotations from market makers and the resulting changes in market values, if any, are recorded as an unrealized gain or loss in the Statement of Operations. Net payments of interest are recorded as realized gains or losses.

Entering into swap agreements involves, to varying degrees, elements of credit and market risk in excess of the amounts recognized on the Statements of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these agreements, that the counterparty to the agreement may default on its obligation to perform

and that there may be unfavorable changes in the fluctuation of interest rates. Risks also arise from potential losses from adverse market movements.

This risk is mitigated by having a master netting arrangement between a Fund and the counterparty and by having the counterparty post collateral to cover a Fund’s exposure to the counterparty. There were no outstanding swap agreements as of July 31, 2015.

Options Written/Purchased — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in financial options contracts to add return or to hedge their existing portfolio securities. When the Fund writes or purchases an option, an amount equal to the premium received or paid by the Fund is recorded as a liability or an asset and is subsequently adjusted to the current market value of the option written or purchased. Premiums received or paid from purchasing or writing options which expire unexercised are treated by the Fund on the expiration date as realized gains or losses. The difference between the premium and the amount paid or received on effecting a closing purchase or sale transaction, including brokerage commissions, is also treated as a realized gain or loss. If an option is exercised, the premium paid or received is added to the cost of the purchase or proceeds from the sale in determining whether the Fund has realized a gain or a loss. The risk in writing a call option is that the Fund gives up the opportunity for profit if the market price of the security increases. The risk in writing a put option is that the Fund may incur a loss if the market price of the security decreases and the option is exercised. The risk in purchasing an option is that the Fund pays a premium whether or not the option is exercised. The Fund also has the additional risk of being unable to enter into a closing transaction at an acceptable price if a liquid secondary market does not exist. Option contracts also involve the risk that they may not work as intended due to unanticipated developments in market conditions or other causes. Finally, the risk exists that losses could exceed amounts disclosed on the Statement of Assets and Liabilities. There were no outstanding options contracts as of July 31, 2015.

TBA Purchase Commitments — To the extent consistent with its Investment Objective and Strategies, a Fixed Income Fund may engage in “to be announced” (“TBA”) purchase commitments to purchase securities for a fixed price at a future date. TBA purchase commitments may be considered securities and involve a risk of loss if the value of the security to be purchased declines prior to settlement date, which risk is in addition to the risk of decline in the value of a Fund’s other assets. Unsettled TBA purchase commitments are valued at the current market value of the underlying securities, according to the procedures described under “Security Valuation” above.

Collateralized Debt Obligations — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in collateralized debt obligations (“CDOs”), which include collateralized loan obligations (“CLOs”) and other similarly structured securities. CLOs are a type of asset-backed securities. A CLO is a trust typically collateralized

54 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

by a pool of loans, which may include, among others, domestic and foreign senior secured loans, senior unsecured loans, and subordinate corporate loans, including loans that may be rated below investment grade or equivalent unrated loans. CDOs may charge management fees and administrative expenses.

For CDOs and CLOs, the cash flows from the trust are split into two or more portions, called tranches, varying in risk and yield. The riskiest portion is the “equity” tranche which bears the bulk of defaults from the bonds or loans in the trust and serves to protect the other, more senior tranches from default in all but the most severe circumstances. Since it is partially protected from defaults, a senior tranche from a CDO and CLO trust typically has a higher rating and lower yield than its underlying securities, and can be rated investment grade. Despite the protection from the equity tranche, CDO and CLO tranches can experience substantial losses due to actual defaults, increased sensitivity to defaults due to collateral default and disappearance of protecting tranches, market anticipation of defaults, as well as aversion to CDO and CLO securities as a class.

The risks of an investment in a CDO and CLO depend largely on its class and its collateral securities. Normally, CLOs and other CDOs are privately offered and sold, and thus, are not registered under the securities laws. As a result, investments in CDOs and CLOs may be characterized by the Funds as illiquid securities; however, an active dealer market may exist for CDOs and CLOs, allowing a CDO and CLO to qualify for Rule 144A transactions. In addition to the normal risks associated with fixed income securities (e.g., interest rate risk and default risk), CDOs and CLOs carry additional risks including, but not limited to: (i) the possibility that distributions from collateral securities will not be adequate to make interest or other payments; (ii) the quality of the collateral may decline in value or default; (iii) the Funds may invest in CDOs and CLOs that are subordinate to other classes; and (iv) the complex structure of the security may not be fully understood at the time of investment and may produce disputes with the issuer or unexpected investment results.

Illiquid Securities — A security is considered illiquid if it cannot be sold or disposed of in the ordinary course of business within seven days or less for its approximate carrying value on the books of a Fund. Valuations of illiquid securities may differ significantly from the values that would have been used had an active market value for these securities existed.

Restricted Securities — Throughout the year, the Funds owned private placement investments that were purchased through private offerings or acquired through initial public offerings that could not be sold without prior registration under the Securities Act of 1933 or pursuant to an exemption there from. In addition, the Funds had generally agreed to further restrictions on the disposition of certain holdings as set forth in various agreements entered into in connection with the purchase of those investments. These investments were valued at amortized cost, which approximates fair value, as determined in accordance with the procedures approved by the Board of Trustees. At July 31, 2015, the Funds did not own any restricted securities.

Classes — Class-specific expenses are borne by that class of shares. Income, expenses, and realized and unrealized gains/losses and non-class specific expenses are allocated to the respective class on the basis of relative daily net assets.

Expenses — Expenses that are directly related to one of the Funds are charged directly to that Fund. Other operating expenses of the Funds are prorated to the Funds on the basis of relative net assets.

Dividends and Distributions to Shareholders — Dividends from net investment income are declared daily and paid monthly. Any net realized capital gains on sales of securities after capital loss carryover are distributed at least annually by the Funds.

Redemption Fees — The Funds charge a redemption fee based on a redemption, or a series of redemptions from a single identifiable source that in the aggregate exceed a specified dollar threshold within any thirty day period, as presented below:

	Dollar Threshold ($ Thousands)		Redemption Fee
Ultra Short Duration Bond Fund	$	10,000		0.50	%
Short-Duration Government Fund		25,000		0.25	%
Intermediate-Duration Government Fund		10,000		0.25	%
GNMA Fund		10,000		0.25	%

For the period ended July 31, 2015, the Fixed Income Funds did not retain any redemption fees. Such fees, if any, are retained by the Fixed Income Funds for the benefit of the remaining shareholders.

3. INVESTMENT ADVISORY, ADMINISTRATION, DISTRIBUTION AND CUSTODIAN AGREEMENTS AND OTHER TRANSACTIONS WITH AFFILIATES

Investment Advisory, Administration, Distribution and Custodian Agreements — SEI Investments Management Corporation (“SIMC”) serves as each Fund’s investment adviser (the “Adviser”) and “manager of managers” under an investment advisory agreement approved by the shareholders of each Fund. In connection with serving as Adviser, SIMC is entitled to a fee, which is calculated daily and paid monthly, based on the average daily net assets of each Fund.

SEI Investments Global Funds Services (the “Administrator”) provides the Trust with administrative and transfer agency services. For its services, the Administrator is entitled to a fee, which is calculated daily and paid monthly, based on the average daily net assets of each Fund.

SEI Investments Distribution Co. (the “Distributor”), a wholly owned subsidiary of SEI Investments Company (“SEI”) and a registered broker-dealer, acts as the Distributor of the shares of the Trust under a Distribution Agreement. The Trust also has adopted plans under which firms, including the Distributor, that provide shareholder and administrative services may receive compensation thereof. Specific classes of certain funds have also adopted distribution plans, pursuant to Rule 12b-1 under the Investment Company Act of 1940.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 55

Notes to Financial Statements (Unaudited) (Continued)

July 31, 2015

Such plans provide fees payable to the Distributor up to the amounts, calculated as a percentage of the average daily net assets attributable to each particular class of each respective fund.

The Adviser, Administrator and/or Distributor have voluntarily agreed to waive a portion of their fees in order to keep total direct operating expenses (exclusive of interest from borrowings, brokerage commissions, taxes, Trustee fees, prime broker fees, interest and dividend expenses related to short sales and extraordinary expenses not incurred in the ordinary course of the Funds’ business) at a specified level.

The waivers by the Funds’ Adviser, Administrator and/or Distributor are limited to the Funds’ direct operating expenses and, therefore, do not apply to indirect expenses incurred by the Funds, such as acquired fund fees and expenses. The waivers are voluntary and the Funds’ Adviser, Administrator and/or Distributor may discontinue all or part of any of these waivers at any time. In addition, some Funds may participate in a commission recapture program where the Funds’ trades may be executed through the Funds’ distributor, and a portion of the commissions paid on those trades are then used to pay the Funds’ expenses.

The following is a summary of annual fees payable to the Adviser, Administrator and Distributor and the voluntary expense limitations for each fund:

	Advisory Fees			Administration Fees			Shareholder Servicing Fees			Administrative Service Fees			Distribution Fees*			Voluntary Expense Limitations
Money Market Fund
Class A		0.07	%		0.30	%(6)		0.25	%		—						0.18	%(1)
Class B		0.07	%		0.30	%(6)		0.25	%		0.05	%		—			0.48	%(1)
Class C		0.07	%		0.30	%(6)		0.25	%		0.25	%		—			0.68	%(1)
Sweep Class		0.07	%		0.30	%(6)		0.25	%		—			0.50	%		0.93	%(1)
Government Fund
Class A		0.07	%		0.24	%		0.25	%		—			—			0.20	%(3)
Class B		0.07	%		0.24	%		0.25	%		0.05	%		—			0.50	%(3)
Class C		0.07	%		0.24	%		0.25	%		0.25	%		—			0.70	%(3)
Sweep Class		0.07	%		0.24	%		0.25	%		—			0.50	%		0.95	%(1)
Government II Fund
Class A		0.07	%		0.19	%		0.25	%		—			—			0.20	%(2)
Class B		0.07	%		0.19	%		0.25	%		0.05	%		—			0.50	%(2)
Class C		0.07	%		0.19	%		0.25	%		0.25	%		—			0.70	%(2)
Prime Obligation Fund
Class A		0.07	%		0.19	%		0.25	%		—			—			0.20	%(2)
Class B		0.07	%		0.19	%		0.25	%		0.05	%		—			0.50	%(2)
Class C		0.07	%		0.19	%		0.25	%		0.25	%		—			0.70	%(2)
Class H		0.07	%		0.19	%		0.25	%		0.18	%		—			0.63	%(1)
Sweep Class		0.07	%		0.19	%		0.25	%		—			0.50	%		0.95	%(1)
Treasury Fund
Class A		0.07	%		0.24	%		0.25	%		—			—			0.20	%(2)
Class B		0.07	%		0.24	%		0.25	%		0.05	%		—			0.50	%(2)
Class C		0.07	%		0.24	%		0.25	%		0.25	%		—			0.70	%(2)
Sweep Class		0.07	%		0.24	%		0.25	%		—			0.50	%		0.95	%(1)
Treasury II Fund
Class A		0.07	%		0.24	%		0.25	%		—			—			0.20	%(2)
Class B		0.07	%		0.24	%		0.25	%		0.05	%		—			0.50	%(2)
Class C		0.07	%		0.24	%		0.25	%		0.25	%		—			0.70	%(2)
Ultra Short Duration Bond Fund
Class A		0.10	%(4)		0.30	%(6)		0.25	%		—			—			0.38	%(1)
Short-Duration Government Fund
Class A		0.09	%(5)		0.30	%(6)		0.25	%		—			—			0.48	%(1)
Class Y		0.09	%(5)		0.30	%(6)		—			—			—			0.38	%(1)
Intermediate-Duration Government Fund
Class A		0.09	%(5)		0.30	%(6)		0.25	%		—			—			0.53	%(1)
GNMA Fund
Class A		0.09	%(5)		0.30	%(6)		0.25	%		—			—			0.63	%(1)

(1) Represents a voluntary cap that may be discontinued at any time.

(2) Represents a contractual cap effective through January 31, 2016, to be changed only by board approval.

(3) Represents a contractual cap of .25%, .55%, and .75% of Class A, B, and C, respectively, effective through January 31, 2016, to be changed only by Board approval. In addition, management has voluntarily waived fees to a cap of .20%, .50%, and .70% of Class A, B, and C, respectively, that may be discontinued at any time.

(4) The Adviser receives an annual fee equal to .10% on the first $500 million of net assets, .075% of net assets between $500 million and $1 billion and .05% on the net assets in excess of $1 billion for the Ultra Short Duration Bond Fund. The fee is calculated based on the net assets of the Ultra Short Duration Bond Fund.

(5) The Adviser receives an annual fee equal to .10% on the first $500 million of net assets, .075% of net assets between $500 million and $1 billion and .05% on the net assets in excess of $1 billion for the Short-Duration Government, Intermediate-Duration Government and GNMA Funds. The fee is a blended percentage and is calculated based on the combined assets of these Funds.

(6) Prior October 1, 2014, the Administrator fee was 0.33% for the Money Market Fund and 0.35 for the Ultra Short Duration Bond Fund, Short-Duration Government Fund, Intermidate-Duration Government Fund and GNMA Fund.

* These payments are characterized as “compensation” and are not directly tied to expenses incurred by the Distributor. The payments the Distributor receives during any year may therefore be higher or lower than its actual expenses. These payments may be used to compensate sweep class shareholders who provide distribution-related services to their customers.

56 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

The Distributor has voluntarily waived all or a portion of the shareholder servicing fees for Class A of each fund, except for the GNMA Fund, since inception of the plan. Such waivers are voluntary and may be discontinued at any time. For Classes B, C, and H, the shareholder servicing fees and the administrative service fees are shown combined as “Administrative & Shareholder Servicing Fees” in the Statements of Operations. The Administrator and Distributor have voluntarily agreed to waive and reduce their fee and/or reimburse certain expenses of the Money Market Funds in order to limit the one-day net income yield of the Funds to not less than 0.01% of the Funds’ average daily net assets. The following table shows the waivers by class for the period ended July 31, 2015 ($ Thousands):

	Administrative & Shareholder Servicing Fee Waiver		Administrative Fee Waiver
Money Market Fund
Class A	$	—	$	1
Class B		95		1
Class C		58		—
Sweep Class		83		—
Government Fund
Class A		—		948
Class B		185		66
Class C		13		3
Sweep Class		164		23
Government II Fund
Class A		—		569
Class B		214		79
Class C		41		9
Prime Obligation Fund
Class A		—		320
Class B		123		5
Class C		44		1
Class H		40		—
Sweep Class		13		1
Treasury Fund
Class A		—		78
Class B		126		58
Class C		26		7
Sweep Class		441		81
Treasury II Fund
Class A		—		347
Class B		259		140
Class C		10		3

Pursuant to the “manager of managers” structure, the Board of Trustees approved BofA Advisors, LLC (formerly Columbia Management Advisors, LLC) as sub-adviser to the Money Market Funds, Logan Circle Partners, L.P., and Wellington Management Company, LLP serve as a sub-adviser to the Ultra Short Duration Bond Fund and Wellington Management Company, LLP (“Wellington LLP”) serves as sub-adviser to the Fixed Income Funds. Each sub-adviser is party to an investment sub-advisory agreement with the Advisor. For its services to the Funds, the sub-advisers are entitled to receive a fee paid directly by the Adviser.

U.S. Bank, N.A. serves as the custodian of the Funds. The custodian plays no role in determining the investment policies of the Funds or which securities are to be purchased or sold in the Funds.

Other — Certain officers and Trustees of the Trust are also officers and/or Trustees of the Administrator, Adviser, or the Distributor. The Trust pays each unaffiliated Trustee an annual fee for attendance at quarterly, interim, and committee meetings. The Administrator, Adviser and/or the Distributor pays compensation of Officers and affiliated Trustees.

A portion of the services provided by the Chief Compliance Officer (“CCO”) and his staff, whom are employees of the administrator, are paid for by the Trust as incurred. The services include regulatory oversight of the Trust’s Adviser, Sub-Advisers and service providers as required by SEC regulations. The CCO’s services have been approved by and are reviewed annually by the Board of Trustees.

Interfund Lending — The SEC has granted an exemption that permits the Trust to participate in an interfund lending program (the “Program”) with existing or future investment companies registered under the 1940 Act that are advised by SIMC (the “SEI Funds”). The Program allows the SEI Funds to lend money to and borrow money from each other for temporary or emergency purposes. Participation in the Program is voluntary for both borrowing and lending funds. Interfund loans may be made only when the rate of interest to be charged is more favorable to the lending fund than an investment in overnight repurchase agreements (“Repo Rate”), and more favorable to the borrowing fund than the rate of interest that would be charged by a bank for short-term borrowings (“Bank Loan Rate”). The Bank Loan Rate will be determined using a formula reviewed annually by the SEI Funds Board of Trustees. The interest rate imposed on interfund loans is the average of the Repo Rate and the Bank Loan Rate. For the period ended July 31, 2015, the Trust has not participated in the Program.

4. INVESTMENT TRANSACTIONS

The cost of security purchases and the proceeds from the sale of securities, other than short-term investments, for the six month period ended July 31, 2015, were as follows for the Fixed Income Funds:

	Ultra Short Duration Bond Fund ($ Thousands)		Short- Duration Government Fund ($ Thousands)		Intermediate- Duration Government Fund ($ Thousands)		GMNA Fund ($ Thousands)
Purchases
U.S. Government	$	65,330	$	790,227	$	10,261	$	426,505
Other		48,703		—		—		—
Sales
U.S. Government		50,519		682,808		7,107		430,682
Other		42,722		120		21		33

5. FEDERAL TAX INFORMATION

It is each Fund’s intention to continue to qualify as a regulated investment company for Federal income tax purposes and distribute all of its taxable income (including net capital gains). Accordingly, no provision for Federal income taxes is required.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 57

Notes to Financial Statements (Unaudited) (Continued)

July 31, 2015

Reclassification of Components of Net Assets — The timing and characterization of certain income and capital gain distributions are determined annually in accordance with Federal tax regulations which may differ from accounting principles generally accepted in the United States. As a result, net investment income (loss) and net realized gain (loss) on investment transactions for the reporting period may differ from distributions during such period. These book/tax differences may be temporary or permanent in nature.

To the extent these differences are permanent, they are charged or credited to Paid-in Capital, undistributed net investment income, or accumulated net realized gain, as appropriate, in the periods that the differences arise.

Accordingly, the following permanent differences, primarily attributable to different treatment for gains and losses on paydowns of

mortgage and asset-backed securities for tax purposes, distribution reclassification, expiration of capital losses and non-deductible excise tax have been reclassified to/from the following accounts as of January 31, 2015:

	Paid-in- Capital ($ Thousands)			Undistributed Net Investment Income ($ Thousands)		Accumulated Net Realized Gain (Loss) ($ Thousands)
Government II Fund	$	—		$	2	$	(2	)
Prime Obligation Fund		(1	)		1		—
Treasury II Fund		—			4		(4	)
Ultra Short Duration Bond Fund		(1,717	)		501		1,216
Short-Duration Government Fund		—			449		(449	)
Intermediate-Duration Government Fund		(2	)		48		(46	)
GNMA Fund		—			656		(656	)

These reclassifications have no impact on net assets or net asset value per share.

The tax character of dividends and distributions during the last two fiscal years was as follows:

		Ordinary Income ($ Thousands)		Long-term Capital Gain ($  Thousands)		Total ($ Thousands)
Money Market Fund	2015	$	28	$	—	$	28
	2014		66		—		66
Government Fund	2015		378		—		378
	2014		320		—		320
Government II Fund	2015		128		—		128
	2014		129		—		129
Prime Obligation Fund	2015		496		—		496
	2014		508		—		508
Treasury Fund	2015		37		—		37
	2014		31		—		31
Treasury II Fund	2015		71		—		71
	2014		73		—		73
Ultra Short Duration Bond Fund	2015		2,129		—		2,129
	2014		2,035		—		2,035
Short-Duration Government Fund	2015		6,847		—		6,847
	2014		6,916		—		6,916
Intermediate-Duration Government Fund	2015		561		—		561
	2014		643		—		643
GNMA Fund	2015		1,978		—		1,978
	2014		3,835		—		3,835

As of January 31, 2015, the components of Distributable Earnings/(Accumulated Losses) on a tax basis were as follows:

	Undistributed Ordinary Income ($ Thousands)		Undistributed Long-Term Capital Gain ($ Thousands)		Capital Loss Carryforwards ($ Thousands)			Post-October Losses ($ Thousands)			Other Temporary Differences ($ Thousands)			Unrealized Appreciation (Depreciation) ($ Thousands)			Total Earnings/ (Accumulated Losses) ($ Thousands)
Money Market Fund	$	4	$	—	$	—		$	—		$	(2	)	$	—		$	2
Government Fund		33		—		(31	)		—			(33	)		—			(31	)
Government II Fund		9		—		—			—			(12	)		—			(3	)
Prime Obligation Fund		46		—		(50	)		—			(46	)		—			(50	)
Treasury Fund		3		—		—			—			(3	)		—			—
Treasury II Fund		20		—		—			—			(6	)		—			14
Ultra Short Duration Bond Fund		172		—		(21,294	)		(257	)		(25	)		(757	)		(22,161	)
Short-Duration Government Fund		1,088		—		(5,511	)		(103	)		(931	)		8,367			2,910
Intermediate-Duration Government Fund		47		—		(1,273	)		—			(252	)		808			(670	)
GNMA Fund		137		720		—			—			(188	)		3,748			4,417

58 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

At January 31, 2015, the following Funds had capital loss carryforwards to offset future realized capital gains:

	Amount ($ Thousands)		Expiration
Government Fund	$	31		1/31/16
Prime Obligation Fund		50		1/31/17
Ultra Short Duration Bond Fund		296		1/31/16
		181		1/31/17
		3,642		1/31/18
		11,895		1/31/19

For Federal income tax purposes, capital loss carryforwards may be carried forward and applied against future capital gains. It is the Funds’ intent that they will not distribute any realized gain distributions until the carryforwards have been offset or expired.

During the fiscal year ended January 31, 2015, the Prime Obligation Fund, Treasury Fund, Government Fund, Intermediate-Duration and GNMA Fund utilized $6,484, $5010, $1,497,$106,993 and $4,869, respectively, of capital loss carryforwards to offset capital gains.

Under the recently enacted Regulated Investment Company Modernization Act of 2010, Funds will be permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital losses that are carried forward will retain their character as either short-term or long-term capital losses rather than being considered all short-term as under previous law.

Losses carried forward under these new provisions are as follows ($ Thousands):

	Short-Term Loss		Long-Term Loss		Total*
Ultra Short Duration Bond Fund	$	—	$	5,280	$	5,280
Short-Duration Government Fund		2,026		3,485		5,511
Intermediate-Duration Government Fund		1,045		228		1,273

* This table should be used in conjunction with the capital loss carryforwards table.

During the six month period ended July 31, 2015, the Money Market Funds’ cost of securities for Federal income tax purposes approximates the cost located in the Statements of Assets and Liabilities.

For Federal income tax purposes, the cost of securities owned at July 31, 2015, and net realized gains or losses on securities sold for the period, were different from amounts reported for financial reporting purposes, primarily due to wash sales which cannot be used for Federal income tax purposes in the current year and have been deferred for use in future years. The Federal tax cost and aggregate gross unrealized appreciation and depreciation on investments held by the Fixed Income Funds at July 31, 2015, were as follows:

	Federal Tax Cost ($ Thousands)		Appreciated Securities ($ Thousands)		Depreciated Securities ($ Thousands)			Net Unrealized Appreciation/ (Depreciation) ($  Thousands)
Ultra Short Duration Bond Fund	$	279,235	$	384	$	(1,119	)	$	(735	)
Short-Duration Government Fund		895,519		6,885		(215	)		6,670
Intermediate-Duration Government Fund		25,576		500		(12	)		488
GNMA Fund		149,070		3,201		(160	)		3,041

Management has analyzed the Funds’ tax positions taken on the federal tax returns for all open tax years and has concluded that as of July 31, 2015, no provision for income tax is required in the Funds’ financial statements. The Funds’ federal income and excise tax returns are subject to examination by the IRS for all open tax years under the applicable Statute of Limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.

6. INVESTMENT RISKS

In the normal course of business, a Fund may enter into contracts that provide general indemnifications by a Fund to the counterparty to the contract. A Fund’s maximum exposure under these arrangements is dependent on future claims that may be made against a Fund and, therefore, cannot be established; however, based on experience, management believes the risk of loss from such claim is considered remote.

7. NEW ACCOUNTING PRONOUNCEMENT

In May 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-07 regarding “Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share”. The amendments in this update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. ASU No. 2015-07 will eliminate the requirement to categorize investments in the fair value hierarchy if their fair value is measured at net asset value (NAV) per share (or its equivalent) using the practical expedient in the FASB’s fair value measurement guidance. At this time, management is evaluating the implications of ASU No. 2015-07 and its impact on the financial statement disclosures has not yet been determined.

8. REGULATORY MATTERS

On July 23, 2014, the SEC adopted amendments to the rules that govern money market mutual funds. In part, the amendments will require structural changes to most types of money market funds to one extent or another; however, the SEC provided for an extended 2-year transition period to comply with such structural requirements. At this time, management is evaluating the reforms adopted and the manner for implementing these reforms over time and its impact on the financial statements.

9. SUBSEQUENT EVENTS

The Trust, on behalf of the Funds, has evaluated the need for disclosures and/or adjustments resulting from subsequent events. Based on this evaluation, no disclosures and/or adjustments were required to the financial statements.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 59

Disclosure of Fund Expenses (Unaudited)

All mutual funds have operating expenses. As a shareholder of a mutual fund, your investment is affected by these ongoing costs, which include (among others) costs for portfolio management, administrative services, and shareholder reports like this one. It is important for you to understand the impact of these costs on your investment returns.

Operating expenses such as these are deducted from the mutual fund‘s gross income and directly reduce your final investment return. These expenses are expressed as a percentage of the mutual fund’s average net assets; this percentage is known as the mutual fund’s expense ratio.

The following examples use the expense ratio and are intended to help you understand the ongoing costs (in dollars) of investing in your Fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The table on the next page illustrates your Fund’s costs in two ways:

• Actual Fund Return. This section helps you to estimate the actual expenses after fee waivers that your Fund incurred over the period. The “Expenses Paid During Period” column shows the actual dollar expense cost incurred by a $1,000 investment in the Fund, and the “Ending Account Value” number is derived from deducting that expense cost from the Fund’s gross investment return.

You can use this information, together with the actual amount you invested in your Fund, to estimate the expenses you paid over that period. Simply divide your actual starting account value by $1,000 to arrive at a ratio (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply that ratio by the number shown for your Fund under “Expenses Paid During Period.”

• Hypothetical 5% Return. This section helps you compare your Fund’s costs with those of other mutual funds. It assumes that your Fund had an annual 5% return before expenses during the year, but that the expense ratio (Column 3) is unchanged. This example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to make this 5% calculation. You can assess your Fund’s comparative cost by comparing the hypothetical result for your Fund in the “Expense Paid During Period” column with those that appear in the same charts in the shareholder reports for other mutual funds.

NOTE: Because the return is set at 5% for comparison purposes — NOT your Fund’s actual return — the account values shown do not apply to your specific investment.

	Beginning Account Value 2/1/15		Ending Account Value 7/31/15		Annualized Expense Ratios			Expenses Paid During Period*
Money Market Fund
Actual Fund Return
Class A	$	1,000.00	$	1,000.10		0.18	%	$	0.89
Class B		1,000.00		1,000.00		0.19			0.94
Class C		1,000.00		1,000.00		0.19			0.94
Sweep Class		1,000.00		1,000.00		0.19			0.94
Hypothetical 5% Return
Class A	$	1,000.00	$	1,023.90		0.18	%	$	0.90
Class B		1,000.00		1,023.85		0.19			0.95
Class C		1,000.00		1,023.85		0.19			0.95
Sweep Class		1,000.00		1,023.85		0.19			0.95
Government Fund
Actual Fund Return
Class A	$	1,000.00	$	1,000.10		0.09	%	$	0.45
Class B		1,000.00		1,000.10		0.09			0.45
Class C		1,000.00		1,000.10		0.09			0.45
Sweep Class		1,000.00		1,000.10		0.09			0.45
Hypothetical 5% Return
Class A	$	1,000.00	$	1,024.35		0.09	%	$	0.45
Class B		1,000.00		1,024.35		0.09			0.45
Class C		1,000.00		1,024.35		0.09			0.45
Sweep Class		1,000.00		1,024.35		0.09			0.45

	Beginning Account Value 2/1/15		Ending Account Value 7/31/15		Annualized Expense Ratios			Expenses Paid During Period*
Government II Fund
Actual Fund Return
Class A	$	1,000.00	$	1,000.00		0.09	%	$	0.45
Class B		1,000.00		1,000.00		0.09			0.45
Class C		1,000.00		1,000.00		0.09			0.45
Hypothetical 5% Return
Class A	$	1,000.00	$	1,024.35		0.09	%	$	0.45
Class B		1,000.00		1,024.35		0.09			0.45
Class C		1,000.00		1,024.35		0.09			0.45
Prime Obligation Fund
Actual Fund Return
Class A	$	1,000.00	$	1,000.10		0.19	%	$	0.94
Class B		1,000.00		1,000.00		0.19			0.94
Class C		1,000.00		1,000.00		0.19			0.94
Class H		1,000.00		1,000.00		0.19			0.94
Sweep Class		1,000.00		1,000.00		0.19			0.94
Hypothetical 5% Return
Class A	$	1,000.00	$	1,023.85		0.19	%	$	0.95
Class B		1,000.00		1,023.85		0.19			0.95
Class C		1,000.00		1,023.85		0.19			0.95
Class H		1,000.00		1,023.85		0.19			0.95
Sweep Class		1,000.00		1,023.85		0.19			0.95

60 SEI Daily Income Trust / Semi-Annual Report / July 31, 2015

	Beginning Account Value 2/1/15		Ending Account Value 7/31/15		Annualized Expense Ratios			Expenses Paid During Period*
Treasury Fund
Actual Fund Return
Class A	$	1,000.00	$	1,000.00		0.06	%	$	0.30
Class B		1,000.00		1,000.00		0.06			0.30
Class C		1,000.00		1,000.00		0.06			0.30
Sweep Class		1,000.00		1,000.00		0.06			0.30
Hypothetical 5% Return
Class A	$	1,000.00	$	1024.50		0.06	%	$	0.30
Class B		1,000.00		1,024.50		0.06			0.30
Class C		1,000.00		1,024.50		0.06			0.30
Sweep Class		1,000.00		1,024.50		0.06			0.30
Treasury II Fund
Actual Fund Return
Class A	$	1,000.00	$	1,000.00		0.04	%	$	0.20
Class B		1,000.00		1,000.00		0.04			0.20
Class C		1,000.00		1,000.00		0.04			0.20
Hypothetical 5% Return
Class A	$	1,000.00	$	1,024.60		0.04	%	$	0.20
Class B		1,000.00		1,024.60		0.04			0.20
Class C		1,000.00		1,024.60		0.04			0.20
Ultra Short Duration Bond Fund
Actual Fund Return
Class A	$	1,000.00	$	1,003.20		0.38	%	$	1.89
Hypothetical 5% Return
Class A	$	1,000.00	$	1,022.91		0.38	%	$	1.91

	Beginning Account Value 2/1/15		Ending Account Value 7/31/15		Annualized Expense Ratios			Expenses Paid During Period*
Short-Duration Government Fund
Actual Fund Return
Class A	$	1,000.00	$	997.40		0.48	%	$	2.38
Class Y	$	1,000.00	$	997.90		0.38	%	$	1.88
Hypothetical 5% Return
Class A	$	1,000.00	$	1,022.41		0.48	%	$	2.41
Class Y	$	1,000.00	$	1,022.91		0.38	%	$	1.91
Intermediate-Duration Government Fund
Actual Fund Return
Class A	$	1,000.00	$	997.50		0.53	%	$	2.62
Hypothetical 5% Return
Class A	$	1,000.00	$	1,022.17		0.53	%	$	2.66
GNMA Fund
Actual Fund Return
Class A	$	1,000.00	$	998.20		0.63	%	$	3.12
Hypothetical 5% Return
Class A	$	1,000.00	$	1,021.67		0.63	%	$	3.16

* Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied by 181/365.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2015 61

SEI DAILY INCOME TRUST SEMI-ANNUAL REPORT JULY 31, 2015

Robert A. Nesher, Chairman

Trustees

William M. Doran

George J. Sullivan, Jr.

Nina Lesavoy

James M. Williams

Mitchell A. Johnson

Hubert L. Harris, Jr.

Officers

Robert A. Nesher

President and Chief Executive Officer

Arthur Ramanjulu

Controller and Chief Financial Officer

Russell Emery

Chief Compliance Officer

Timothy D. Barto

Vice President, Secretary

David F. McCann

Vice President, Assistant Secretary

Aaron Buser

Vice President, Assistant Secretary

Stephen G. MacRae

Vice President

Bridget E. Sudall

Anti-Money Laundering Compliance Officer

Privacy Officer

Investment Adviser

SEI Investments Management Corporation

Administrator

SEI Investments Global Funds Services

Distributor

SEI Investments Distribution Co.

Legal Counsel

Morgan, Lewis & Bockius LLP

Independent Registered Public Accounting Firm

KPMG LLP

This report and the financial statements contained herein are submitted for the general information of the shareholders of the Trust and must be preceded or accompanied by a current prospectus. Shares of the Funds are not deposits or obligations of, or guaranteed or endorsed by, any bank. The shares are not federally insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other government agency. Investment in the shares involves risk, including the possible loss of principal.

For more information call

1 800 DIAL SEI

(1 800 342 5734)

1 Freedom Valley Drive, P.O. Box 1100, Oaks, PA 19456

SEI-F-037 (7/15)

Item 2. Code of Ethics.

Not applicable for semi-annual report.

Item 3. Audit Committee Financial Expert.

Not applicable for semi-annual report.

Item 4. Principal Accountant Fees and Services.

Not applicable for semi-annual report.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Schedule of Investments.

Included in Item 1.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Company and Affiliated Purchasers.

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

The Registrant has a standing Governance Committee (the “Committee”) currently consisting of the Independent Trustees. The Committee is responsible for evaluating and recommending nominees for election to the Registrant’s Board of Trustees (the “Board”). Pursuant to the Committee’s Charter, adopted on June 18^th 2004, as amended, the Committee will review all shareholder recommendations for nominations to fill vacancies on the Board if such recommendations are submitted in writing and addressed to the Committee at the Registrant’s office.

Item 11. Controls and Procedures.

(a) The Registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) are effective, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 as of a date within 90 days of the filing date of this report.

(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the second fiscal quarter of the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrants internal control over financial reporting.

Items 12. Exhibits.

(a)(1) Not applicable for semi-annual report.

(a)(2) A separate certification for the principal executive officer and the principal financial officer of the Registrant as required by Rule 30a-2(a) under the 1940 Act, as amended (17 CFR 270.30a-2(a)), are filed herewith.

(b) Officer certifications as required by Rule 30a-2(b) under the 1940 Act, as amended (17 CFR 270.30a-2(b)) also accompany this filing as an exhibit.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SEI Daily Income Trust
By:	/s/ Robert A. Nesher
	Robert A. Nesher, President & CEO

Date: October 1, 2015

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:	/s/ Robert A. Nesher
	Robert A. Nesher, President & CEO

Date: October 1, 2015

By:	/s/ Arthur Ramanjulu
	Arthur Ramanjulu, Controller & CFO

Date: October 1, 2015

EX-99.CERT

CERTIFICATION

Pursuant to Section 302

of the Sarbanes-Oxley Act of 2002

I, Robert A. Nesher, certify that:

1. I have reviewed this report on Form N-CSRS of SEI Daily Income Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

4. The Registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer(s) and I have disclosed to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date: October 1, 2015

/s/ Robert A. Nesher

Robert A. Nesher

President & CEO

CERTIFICATION

Pursuant to Section 302

of the Sarbanes-Oxley Act of 2002

I, Arthur Ramanjulu, certify that:

1. I have reviewed this report on Form N-CSRS of SEI Daily Income Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

4. The Registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer(s) and I have disclosed to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date: October 1, 2015

/s/ Arthur RamanJulu

Arthur Ramanjulu

Controller & CFO

EX-99.906CERT

CERTIFICATION

Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the President and Chief Executive Officer of the SEI Daily Income Trust (the “Fund”), with respect to the Fund’s Form N-CSRS for the period ended July 31, 2015 as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

1. such Form N-CSRS fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. the information contained in such Form N-CSRS fairly presents, in all material respects, the financial condition and results of operations of the Fund.

Dated: October 1, 2015

/s/ Robert A. Nesher

Robert A. Nesher

President & Chief Executive Officer

CERTIFICATION

Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the Controller & CFO of the SEI Daily Income Trust (the “Fund”), with respect to the Fund’s Form N-CSRS for the period ended July 31, 2015 as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

1. such Form N-CSRS fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. the information contained in such Form N-CSRS fairly presents, in all material respects, the financial condition and results of operations of the Fund.

Dated: October 1, 2015

/s/ Arthur Ramanjulu

Arthur Ramanjulu

Controller & CFO