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)

Timothy D. Barto, Esq.

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

(Name and address of agent for service)

Registrant’s telephone number, including area code: 610-676-1000

Date of fiscal year end: January 31, 2020

Date of reporting period: July 31, 2019

Item 1. Reports to Stockholders.

  July 31, 2019  

SEMI-ANNUAL REPORT

SEI Daily Income Trust

	Government Fund
	Government II Fund
	Treasury II Fund
	Ultra Short Duration Bond Fund
	Short-Duration Government Fund
	GNMA Fund

Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds’ shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the Funds or from your financial intermediary, such as a broker-dealer or bank. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.

If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Funds electronically by contacting your financial intermediary.

You may elect to receive all future reports in paper free of charge. If you invest through a financial intermediary, you can follow the instructions included with this disclosure, if applicable, or you can contact your financial intermediary to inform it that you wish to continue receiving paper copies of your shareholder reports. If you invest directly with the Funds, you can inform the Funds that you wish to continue receiving paper copies of your shareholder reports by calling 1-800-DIAL-SEI. Your election to receive reports in paper will apply to all funds held with the SEI Funds or your financial intermediary.

TABLE OF CONTENTS

Schedules of Investments	1
Statements of Assets and Liabilities	36
Statements of Operations	38
Statements of Changes in Net Assets	40
Financial Highlights	44
Notes to Financial Statements	46
Disclosure of Fund Expenses	58
Board of Trustees’ Considerations in Approving the Advisory Agreement	60

The Trust files its complete schedule of portfolio holdings with the Securities and Exchange Commission for the first and third quarter of each fiscal year on Form N-PORT. The Trust’s Forms N-PORT are available on the Commission’s website at http://www.sec.gov.

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 portfolio 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)

July 31, 2019

Government Fund

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS — 37.1%
FFCB
2.259%, VAR ICE LIBOR USD 1 Month+-0.101%, 09/05/2019	$	16,760	$	16,760
2.314%, VAR ICE LIBOR USD 1 Month+-0.050%, 02/07/2020		79,365		79,364
2.324%, VAR ICE LIBOR USD 1 Month+-0.040%, 03/06/2020		100,000		100,000
2.295%, VAR ICE LIBOR USD 1 Month+-0.005%, 06/18/2020		8,755		8,755
2.264%, VAR ICE LIBOR USD 1 Month+-0.050%, 08/17/2020		25,255		25,255
2.329%, VAR ICE LIBOR USD 1 Month+-0.040%, 09/11/2020		33,895		33,894
2.350%, VAR ICE LIBOR USD 1 Month+0.025%, 12/14/2020		37,000		36,998
2.377%, VAR ICE LIBOR USD 1 Month+0.045%, 04/16/2021		50,760		50,760
2.306%, VAR US Treasury 3 Month Bill Money Market Yield+0.225%, 07/08/2021		15,470		15,470
FFCB DN
2.396%, 02/21/2020 (A)		34,000		33,547
FHLB
2.270%, VAR ICE LIBOR USD 3 Month+-0.255%, 08/16/2019		23,645		23,644
2.410%, VAR United States Secured Overnight Financing Rate+0.020%, 08/27/2019		25,085		25,085
2.161%, VAR ICE LIBOR USD 1 Month+-0.080%, 08/27/2019		51,990		51,990
2.282%, VAR ICE LIBOR USD 1 Month+-0.085%, 09/09/2019		92,435		92,435
2.249%, VAR ICE LIBOR USD 1 Month+-0.065%, 09/17/2019		35,665		35,665
2.096%, VAR ICE LIBOR USD 3 Month+-0.160%, 10/29/2019		25,000		25,000
2.400%, VAR United States Secured Overnight Financing Rate+0.010%, 11/13/2019		117,965		117,965
2.420%, VAR United States Secured Overnight Financing Rate+0.030%, 12/06/2019		19,420		19,420
2.279%, VAR ICE LIBOR USD 3 Month+-0.140%, 12/19/2019		29,005		29,005

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
2.400%, VAR United States Secured Overnight Financing Rate+0.010%, 12/20/2019	$	36,350	$	36,350
2.290%, VAR ICE LIBOR USD 1 Month+-0.035%, 01/14/2020		26,280		26,280
2.440%, VAR United States Secured Overnight Financing Rate+0.050%, 01/17/2020		4,945		4,945
2.395%, VAR United States Secured Overnight Financing Rate+0.005%, 01/17/2020		29,190		29,190
2.400%, VAR United States Secured Overnight Financing Rate+0.010%, 01/24/2020		27,550		27,550
2.209%, VAR ICE LIBOR USD 1 Month+-0.060%, 02/24/2020		62,770		62,770
2.226%, VAR ICE LIBOR USD 1 Month+-0.040%, 02/25/2020		45,060		45,060
2.274%, VAR ICE LIBOR USD 1 Month+-0.040%, 04/17/2020		41,910		41,910
2.138%, VAR ICE LIBOR USD 3 Month+-0.140%, 04/20/2020		46,785		46,785
2.425%, VAR United States Secured Overnight Financing Rate+0.035%, 06/19/2020		14,570		14,570
2.465%, VAR United States Secured Overnight Financing Rate+0.075%, 07/24/2020		13,635		13,635
2.350%, VAR ICE LIBOR USD 1 Month+-0.030%, 08/04/2020		28,850		28,850
2.261%, VAR ICE LIBOR USD 3 Month+-0.125%, 12/21/2020		51,040		51,040
2.440%, VAR United States Secured Overnight Financing Rate+0.050%, 01/22/2021		10,605		10,605
2.505%, VAR United States Secured Overnight Financing Rate+0.115%, 03/12/2021		39,405		39,405
2.465%, VAR United States Secured Overnight Financing Rate+0.075%, 07/23/2021		15,215		15,215
FHLB DN (A)
2.412%, 08/07/2019		49,365		49,345
2.470%, 08/09/2019		74,470		74,430
2.392%, 08/14/2019		156,825		156,690
2.481%, 08/16/2019		63,360		63,295
2.208%, 08/30/2019		15,270		15,243
2.349%, 09/03/2019		33,290		33,219
2.379%, 09/04/2019		71,490		71,330
2.394%, 09/11/2019		41,230		41,118
2.046%, 09/18/2019		15,350		15,308
2.448%, 09/27/2019		19,785		19,709
2.370%, 10/09/2019		31,010		30,871

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 1

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Government Fund (Continued)

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
2.250%, 10/11/2019	$	82,015	$	81,654
2.481%, 10/15/2019		35,800		35,618
2.430%, 10/21/2019		36,920		36,721
2.110%, 10/25/2019		28,640		28,498
2.444%, 10/30/2019		33,835		33,631
2.088%, 11/07/2019		11,715		11,649
2.404%, 11/13/2019		39,475		39,204
2.405%, 11/18/2019		60,315		59,881
2.388%, 11/20/2019		90,000		89,345
2.365%, 11/29/2019		27,020		26,810
2.107%, 01/08/2020		48,055		47,610
2.040%, 01/22/2020		45,570		45,125
FHLMC DN
2.396%, 11/08/2019 (A)		4,020		3,994
FNMA
0.875%, 08/02/2019		52,188		52,186
Total U.S. Government Agency Obligations (Cost $2,477,656) ($ Thousands)				2,477,656
U.S. TREASURY OBLIGATIONS — 19.1%
U.S. Treasury Bills (A)
2.486%, 08/22/2019		250,000		249,642
2.486%, 08/29/2019		100,000		99,809
2.412%, 10/31/2019		48,215		47,925
2.154%, 12/19/2019		103,990		103,128
2.061%, 01/02/2020		150,000		148,691
U.S. Treasury Notes
2.000%, 01/31/2020		82,480		82,467
1.500%, 05/15/2020		38,035		37,877
2.124%, VAR US Treasury 3 Month Bill Money Market Yield+0.043%, 07/31/2020		17,380		17,362
2.126%, VAR US Treasury 3 Month Bill Money Market Yield+0.045%, 10/31/2020		240,000		239,687
2.196%, VAR US Treasury 3 Month Bill Money Market Yield+0.115%, 01/31/2021		209,530		209,475
2.301%, VAR US Treasury 3 Month Bill Money Market Yield+0.220%, 07/31/2021		40,000		40,000
Total U.S. Treasury Obligations (Cost $1,276,063) ($ Thousands)				1,276,063

Description	Face Amount (Thousands)		Value     ($ Thousands)
REPURCHASE AGREEMENTS(B) — 46.5%
Bank of America 2.560%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $250,017,778 (collateralized by various FNMA, FHLMC, GNMA, ranging in par value $4,065,643 - $312,823,039, 0.726% - 5.594%, 02/15/2036 – 12/20/2068; with total market value $262,500,000)	$	250,000	$	250,000
Bank of Nova Scotia 2.530%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $72,005,060 (collateralized by various U.S. Treasury obligations, ranging in par value $100 - $15,283,400, 0.000% - 2.750%, 08/01/2019 – 07/31/2026; with total market value $73,445,219)		72,000		72,000
Barclays Bank 2.530%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $500,035,139 (collateralized by U.S. Treasury obligation, par value $511,238,300, 1.875%, 07/31/2026; with total market value $510,000,081)		500,000		500,000
BNP Paribas 2.530%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $80,005,622 (collateralized by various U.S. Treasury obligations, ranging in par value $1 - $71,653,700, 0.000% - 3.625%, 11/15/2020 – 05/15/2045; with total market value $81,600,000)		80,000		80,000
Citigroup Global Markets 2.550%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $9,000,638 (collateralized by various U.S. Treasury obligations, ranging in par value $5 - $5,613,500, 0.000% - 3.500%, 10/31/2019 - 08/15/2039; with total market value $9,180,000)		9,000		9,000
Citigroup Global Markets 2.530%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $250,017,569 (collateralized by various U.S. Treasury obligations, ranging in par value $100 - $148,485,000, 0.750% - 6.250%, 08/15/2019 - 11/15/2023; with total market value $255,000,012)		250,000		250,000

2 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Value     ($ Thousands)
REPURCHASE AGREEMENTS(B) (continued)
Credit Agricole 2.530%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $115,008,082 (collateralized by U.S. Treasury obligation, par value $113,995,800, 2.875%, 11/15/2021; with total market value $117,300,040)	$	115,000	$	115,000
Goldman Sachs 2.520%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $350,024,500 (collateralized by various FNMA, FHLB, FHLMC, ranging in par value $33,000 - $100,000,000, 0.000% - 7.250%, 08/05/2019 – 11/15/2030; with total market value $357,000,657)		350,000		350,000
Goldman Sachs 2.510%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $20,001,394 (collateralized by various U.S. Treasury obligations, ranging in par value $436,000 - $18,356,800, 0.000% - 1.500%, 08/15/2020 - 03/31/2023; with total market value $20,400,078)		20,000		20,000
J.P. Morgan 2.540%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $ 261,018,415 (collateralized by various U.S. Treasury obligations, ranging in par value $1,298,992 - $155,321,754, 0.000%, 02/15/2031 – 02/15/2047; with total market value $266,220,000)		261,000		261,000
Mizuho Securities 2.550%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $20,001,417 (collateralized by various U.S. Treasury obligation, par value $19,013,400, 3.000%, 09/30/2025; with total market value $20,400,047)		20,000		20,000
MUFG Securities 2.520%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $284,019,880 (collateralized by various U.S. Treasury obligations, ranging in par value $121,900 - $84,246,400, 0.375% - 4.375%, 02/29/2020 – 02/15/2049; with total market value $289,680,068)		284,000		284,000

Description	Face Amount (Thousands)		Value     ($ Thousands)
REPURCHASE AGREEMENTS(B) (continued)
Natixis S.A. 2.530%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $26,001,827 (collateralized by various U.S. Treasury obligations, ranging in par value $400 - $26,041,900, 1.8750% - 2.750%, 08/15/2020 – 07/31/2026; with total market value $26,520,093)	$	26,000	$	26,000
Natixis S.A. 2.540%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $65,004,586 (collateralized by various FMAC,GNMA, FHLMC, U.S. Treasury obligations, ranging in par value $600 - $26,647,094, 0.000% - 3.980%, 12/05/2019 – 07/20/2049; with total market value $66,300,001)		65,000		65,000
TD Securities 2.560%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $250,017,778 (collateralized by various FNMA, ranging in par value $4,978,194 - $116,751,980, 4.000% - 4.500%, 01/01/2044 - 11/01/2048; with total market value $257,500,001)		250,000		250,000
TD Securities 2.540%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $250,017,639 (collateralized by various U.S. Treasury obligations, ranging in par value $100,420,600 - $150,182,600, 2.625% - 2.750%, 09/30/2020 – 06/15/2021; with total market value $255,000,053)		250,000		250,000
Wells Fargo Securities 2.530%, dated 07/31/19, to be repurchased on 08/01/19, Repurchased price $304,021,364 (collateralized by various U.S. Treasury obligations, ranging in par value $2,917,500 - $94,415,700, 0.000% - 1.750%, 09/03/2019 – 07/31/2021; with total market value $310,080,093)		304,000		304,000
Total Repurchase Agreements (Cost $3,106,000) ($ Thousands)				3,106,000
Total Investments – 102.7% (Cost $6,859,719) ($ Thousands)			$	6,859,719

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 3

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Government Fund (Concluded)

Percentages are based on a Net Assets of $6,681,351 ($ Thousands).

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

(B) Tri-Party Repurchase Agreement.

DN — Discount Note

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortgage Corporation

FMAC — Freddie Mac

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

ICE — Intercontinental Exchange

LIBOR — London Interbank Offered Rate

USD — U.S. Dollar

VAR — Variable Rate

As of July 31, 2019, 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. GAAP.

For the period ended July 31, 2019, there were no transfers between Level 1, Level 2 and/or Level 3 assets and liabilities.

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, 2019

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Government II Fund

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS — 66.6%
FFCB
2.136%, VAR ICE LIBOR USD 3 Month+-0.120%, 01/27/2020	$	27,315	$	27,319
2.314%, VAR ICE LIBOR USD 1 Month+-0.050%, 02/07/2020		20,870		20,870
2.191%, 05/28/2020		18,485		18,478
2.295%, VAR ICE LIBOR USD 1 Month+-0.005%, 06/18/2020		2,230		2,230
2.298%, VAR ICE LIBOR USD 1 Month+0.000%, 06/19/2020		16,500		16,507
2.264%, VAR ICE LIBOR USD 1 Month+-0.050%, 08/17/2020		6,265		6,265
2.329%, VAR ICE LIBOR USD 1 Month+-0.040%, 09/11/2020		8,630		8,630
2.350%, VAR ICE LIBOR USD 1 Month+0.025%, 12/14/2020		7,925		7,924
2.377%, VAR ICE LIBOR USD 1 Month+0.045%, 04/16/2021		12,670		12,670
2.306%, VAR US Treasury 3 Month Bill Money Market Yield+0.225%, 07/08/2021		4,170		4,170
FFCB DN (A)
2.459%, 08/15/2019		10,695		10,685
2.420%, 02/04/2020		9,395		9,279
2.002%, 02/06/2020		50,000		49,480
2.396%, 02/21/2020		7,845		7,741
FHLB
2.192%, VAR ICE LIBOR USD 1 Month+-0.080%, 08/22/2019		8,130		8,130
2.410%, VAR United States Secured Overnight Financing Rate+0.020%, 08/27/2019		5,585		5,585
2.161%, VAR ICE LIBOR USD 1 Month+-0.080%, 08/27/2019		14,270		14,270
2.282%, VAR ICE LIBOR USD 1 Month+-0.085%, 09/09/2019		23,785		23,785
2.400%, VAR United States Secured Overnight Financing Rate+0.010%, 11/13/2019		22,570		22,570
2.420%, VAR United States Secured Overnight Financing Rate+0.030%, 12/06/2019		4,615		4,615
2.279%, VAR ICE LIBOR USD 3 Month+-0.140%, 12/19/2019		8,040		8,040
2.400%, VAR United States Secured Overnight Financing Rate+0.010%, 12/20/2019		9,015		9,015

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
2.290%, VAR ICE LIBOR USD 1 Month+-0.035%, 01/14/2020	$	4,970	$	4,970
2.440%, VAR United States Secured Overnight Financing Rate+0.050%, 01/17/2020		915		915
2.395%, VAR United States Secured Overnight Financing Rate+0.005%, 01/17/2020		7,375		7,375
2.400%, VAR United States Secured Overnight Financing Rate+0.010%, 01/24/2020		8,285		8,285
2.226%, VAR ICE LIBOR USD 1 Month+-0.040%, 02/25/2020		8,545		8,545
2.274%, VAR ICE LIBOR USD 1 Month+-0.040%, 04/17/2020		10,850		10,850
2.215%, VAR ICE LIBOR USD 1 Month+-0.015%, 06/01/2020		5,310		5,310
2.425%, VAR United States Secured Overnight Financing Rate+0.035%, 06/19/2020		3,895		3,895
2.465%, VAR United States Secured Overnight Financing Rate+0.075%, 07/24/2020		2,595		2,595
2.495%, VAR United States Secured Overnight Financing Rate+0.105%, 10/01/2020		4,115		4,115
2.261%, VAR ICE LIBOR USD 3 Month+-0.125%, 12/21/2020		11,445		11,445
2.505%, VAR United States Secured Overnight Financing Rate+0.115%, 03/12/2021		9,575		9,575
2.465%, VAR United States Secured Overnight Financing Rate+0.075%, 07/23/2021		4,575		4,575
FHLB DN (A)
2.150%, 08/01/2019		114,970		114,970
2.287%, 08/07/2019		64,650		64,625
2.241%, 08/09/2019		50,900		50,875
2.187%, 08/14/2019		111,550		111,462
2.191%, 08/16/2019		119,470		119,361
2.379%, 08/19/2019		25,000		24,970
2.242%, 08/21/2019		99,355		99,232
2.159%, 08/23/2019		101,790		101,656
2.318%, 08/28/2019		36,585		36,522
2.317%, 08/30/2019		26,400		26,351
2.205%, 09/18/2019		33,520		33,422
2.472%, 09/20/2019		41,990		41,847
2.448%, 09/27/2019		4,730		4,712
2.366%, 10/09/2019		7,945		7,909
2.239%, 10/11/2019		22,305		22,207
2.481%, 10/15/2019		8,295		8,253
2.430%, 10/21/2019		9,160		9,110
2.443%, 10/23/2019		11,570		11,506

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 5

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Government II Fund (Concluded)

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
2.110%, 10/25/2019	$	8,510	$	8,468
2.444%, 10/30/2019		7,805		7,758
2.404%, 11/13/2019		8,905		8,844
2.392%, 11/20/2019		19,530		19,388
2.051%, 01/22/2020		13,900		13,764
FHLMC DN
2.127%, 09/25/2019 (A)		90,025		89,734
Total U.S. Government Agency Obligations (Cost $1,417,654) ($ Thousands)				1,417,654
U.S. TREASURY OBLIGATIONS — 33.5%
U.S. Treasury Bills (A)
2.178%, 08/06/2019		43,000		42,987
2.063%, 08/13/2019		16,000		15,989
1.902%, 08/15/2019		5,000		4,996
2.063%, 08/20/2019		103,495		103,382
2.410%, 08/22/2019		150,000		149,791
2.486%, 08/29/2019		40,000		39,924
2.162%, 09/03/2019		50,000		49,901
2.110%, 09/24/2019		50,015		49,857
2.070%, 10/17/2019		40,010		39,834
2.348%, 10/31/2019		1,450		1,442
2.154%, 12/19/2019		26,340		26,122
2.057%, 01/23/2020		15,000		14,852
2.418%, 04/23/2020		32,500		31,933
U.S. Treasury Notes
1.500%, 11/30/2019		20,000		19,963
2.000%, 01/31/2020		25,110		25,106
1.500%, 05/15/2020		4,170		4,153
2.124%, VAR US Treasury 3 Month Bill Money Market Yield+0.043%, 07/31/2020		41,000		40,956
2.126%, VAR US Treasury 3 Month Bill Money Market Yield+0.045%, 10/31/2020		30,000		29,961
2.196%, VAR US Treasury 3 Month Bill Money Market Yield+0.115%, 01/31/2021		11,750		11,750
2.301%, VAR US Treasury 3 Month Bill Money Market Yield+0.220%, 07/31/2021		10,000		10,000
Total U.S. Treasury Obligations (Cost $712,899) ($ Thousands)				712,899
Total Investments — 100.1% (Cost $2,130,553) ($ Thousands)			$	2,130,553

Percentages are based on Net Assets of $2,129,487 ($ Thousands).

(A) Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

DN – Discount Note

FFCB – Federal Farm Credit Bank

FHLB – Federal Home Loan Bank

FHLMC – Federal Home Loan Mortgage Corporation

ICE – Intercontinental Exchange

LIBOR – London Interbank Offered Rate

USD – U.S. Dollar

VAR – Variable Rate

As of July 31, 2019, 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. GAAP.

For the period ended July 31, 2019, there were no transfers between Level 1, Level 2 and/or Level 3 assets and liabilities.

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, 2019

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Treasury II Fund

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. TREASURY OBLIGATIONS — 99.3%
U.S. Treasury Bills (A)
2.129%, 08/06/2019	$	110,000	$	109,967
2.471%, 08/08/2019		925		925
2.025%, 08/13/2019		28,000		27,981
1.902%, 08/15/2019		11,000		10,992
2.091%, 08/20/2019		24,010		23,984
2.309%, 08/22/2019		25,000		24,966
2.139%, 08/27/2019		2,295		2,291
2.486%, 08/29/2019		10,000		9,981
2.162%, 09/03/2019		25,000		24,951
2.136%, 09/17/2019		15,000		14,958
2.106%, 09/19/2019		20,000		19,943
2.147%, 09/24/2019		20,000		19,936
2.422%, 10/31/2019		25,000		24,849
2.154%, 12/19/2019		7,570		7,507
2.041%, 01/16/2020		10,000		9,906
2.057%, 01/23/2020		10,000		9,901
2.418%, 04/23/2020		7,925		7,787
U.S. Treasury Notes
2.129%, VAR US Treasury 3 Month Bill Money Market Yield+0.048%, 10/31/2019		12,000		12,000
1.500%, 10/31/2019		10,000		9,986
1.500%, 11/30/2019		15,000		14,973
1.375%, 01/15/2020		20,000		19,940
2.081%, VAR US Treasury 3 Month Bill Money Market Yield+0.000%, 01/31/2020		24,060		24,056
2.000%, 01/31/2020		6,255		6,254
2.250%, 03/31/2020		1,025		1,026
1.375%, 03/31/2020		705		702
2.114%, VAR US Treasury 3 Month Bill Money Market Yield+0.033%, 04/30/2020		25,875		25,876
1.500%, 05/15/2020		840		836
2.124%, VAR US Treasury 3 Month Bill Money Market Yield+0.043%, 07/31/2020		11,000		10,995
2.126%, VAR US Treasury 3 Month Bill Money Market Yield+0.045%, 10/31/2020		9,000		8,988
2.196%, VAR US Treasury 3 Month Bill Money Market Yield+0.115%, 01/31/2021		10,140		10,137

Description	Face Amount (Thousands)		Value     ($ Thousands)
U.S. TREASURY OBLIGATIONS (continued)
2.301%, VAR US Treasury 3 Month Bill Money Market Yield+0.220%, 07/31/2021	$	4,000	$	4,000
Total U.S. Treasury Obligations (Cost $500,594) ($ Thousands)				500,594
Total Investments — 99.3% (Cost $500,594) ($ Thousands)			$	500,594

Percentages are based on Net Assets of $504,209 ($ Thousands).

(A) Zero coupon security. The rate shown on the Schedule of investments is the security’s effective yield at the time of purchase.

VAR – Variable Rate

As of July 31, 2019, 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. GAAP.

For the year ended July 31, 2019, there were no transfers between Level 1, Level 2 and/or Level 3 assets and liabilities.

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, 2019 7

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
CORPORATE OBLIGATIONS — 43.1%
Communication Services — 1.6%
AT&T
3.260%, VAR ICE LIBOR USD 3 Month+0.930%, 06/30/2020	$	700	$	704
Comcast
3.300%, 10/01/2020		1,730		1,750
2.649%, VAR ICE LIBOR USD 3 Month+0.330%, 10/01/2020		600		601
Discovery Communications LLC
3.097%, VAR ICE LIBOR USD 3 Month+0.710%, 09/20/2019		490		490
2.200%, 09/20/2019		150		150
Fox
3.666%, 01/25/2022 (A)		85		88
Verizon Communications
2.888%, VAR ICE LIBOR USD 3 Month+0.370%, 08/15/2019		1,020		1,020
Viacom
4.500%, 03/01/2021		205		211
				5,014
Consumer Discretionary — 1.6%
Dollar Tree
3.003%, VAR ICE LIBOR USD 3 Month+0.700%, 04/17/2020		660		660
eBay
3.136%, VAR ICE LIBOR USD 3 Month+0.870%, 01/30/2023		800		803
General Motors
3.365%, VAR ICE LIBOR USD 3 Month+0.800%, 08/07/2020		600		601
General Motors Financial
3.233%, VAR ICE LIBOR USD 3 Month+0.930%, 04/13/2020		450		451
3.161%, VAR ICE LIBOR USD 3 Month+0.850%, 04/09/2021		525		526
Hyundai Capital America
3.243%, VAR ICE LIBOR USD 3 Month+0.940%, 07/08/2021 (A)		450		451

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Marriott International
3.120%, VAR ICE LIBOR USD 3 Month+0.600%, 12/01/2020	$	525	$	526
3.103%, VAR ICE LIBOR USD 3 Month+0.650%, 03/08/2021		375		377
Nissan Motor Acceptance MTN
2.720%, VAR ICE LIBOR USD 3 Month+0.390%, 09/28/2020 (A)		500		500
				4,895
Consumer Staples — 2.1%
Conagra Brands
3.800%, 10/22/2021		325		334
3.028%, VAR ICE LIBOR USD 3 Month+0.750%, 10/22/2020		750		750
Constellation Brands
2.000%, 11/07/2019		525		524
Kraft Heinz Foods
3.365%, VAR ICE LIBOR USD 3 Month+0.820%, 08/10/2022		550		548
Kroger MTN
1.500%, 09/30/2019		800		799
Mondelez International Holdings Netherlands BV
2.866%, VAR ICE LIBOR USD 3 Month+0.610%, 10/28/2019 (A)		1,905		1,907
Philip Morris International
2.942%, VAR ICE LIBOR USD 3 Month+0.420%, 02/21/2020		1,655		1,658
				6,520
Energy — 1.0%
Andeavor Logistics
5.500%, 10/15/2019		250		251
Petroleos Mexicanos
6.000%, 03/05/2020		250		253
Phillips 66
3.053%, VAR ICE LIBOR USD 3 Month+0.750%, 04/15/2020 (A)		620		620
Saudi Arabian Oil MTN
2.750%, 04/16/2022 (A)		1,580		1,589
Schlumberger Finance Canada
2.200%, 11/20/2020 (A)		375		374
				3,087
Financials — 26.9%
ABN AMRO Bank MTN
3.091%, VAR ICE LIBOR USD 3 Month+0.570%, 08/27/2021 (A)		750		753
AIG Global Funding
2.800%, VAR ICE LIBOR USD 3 Month+0.480%, 07/02/2020 (A)		775		777

8 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
AIG Global Funding MTN
1.950%, 10/18/2019 (A)	$	1,285	$	1,284
Alimentation Couche-Tard
2.950%, VAR ICE LIBOR USD 3 Month+0.500%, 12/13/2019 (A)		534		534
American Express
3.140%, VAR ICE LIBOR USD 3 Month+0.620%, 05/20/2022		720		723
3.050%, VAR ICE LIBOR USD 3 Month+0.525%, 05/17/2021		450		451
American Express MTN
2.200%, 03/03/2020		1,560		1,558
Assurant
3.583%, VAR ICE LIBOR USD 3 Month+1.250%, 03/26/2021		465		465
Athene Global Funding
3.418%, VAR ICE LIBOR USD 3 Month+1.140%, 04/20/2020 (A)		650		653
Bank of America MTN
5.625%, 07/01/2020		2,065		2,126
3.458%, VAR ICE LIBOR USD 3 Month+1.180%, 10/21/2022		625		633
3.438%, VAR ICE LIBOR USD 3 Month+1.160%, 01/20/2023		400		405
Bank of Montreal MTN
2.850%, VAR ICE LIBOR USD 3 Month+0.440%, 06/15/2020		1,535		1,540
Bank of Nova Scotia
3.112%, VAR ICE LIBOR USD 3 Month+0.640%, 03/07/2022		375		378
1.850%, 04/14/2020		1,350		1,346
BAT Capital
3.118%, VAR ICE LIBOR USD 3 Month+0.590%, 08/14/2020		1,600		1,603
BB&T MTN
2.980%, VAR ICE LIBOR USD 3 Month+0.570%, 06/15/2020		400		401
BPCE MTN
3.743%, VAR ICE LIBOR USD 3 Month+1.220%, 05/22/2022 (A)		250		253
Branch Banking & Trust
2.753%, VAR ICE LIBOR USD 3 Month+0.450%, 01/15/2020		855		856
Canadian Imperial Bank of Commerce
2.581%, VAR ICE LIBOR USD 3 Month+0.315%, 02/02/2021		1,500		1,502
2.100%, 10/05/2020		1,075		1,074
Capital One
3.416%, VAR ICE LIBOR USD 3 Month+1.150%, 01/30/2023		500		506
3.215%, VAR ICE LIBOR USD 3 Month+0.765%, 09/13/2019		500		500

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Capital One Financial
3.295%, VAR ICE LIBOR USD 3 Month+0.760%, 05/12/2020	$	1,770	$	1,775
Charles Schwab
2.842%, VAR ICE LIBOR USD 3 Month+0.320%, 05/21/2021		360		360
Citibank
2.936%, VAR ICE LIBOR USD 3 Month+0.500%, 06/12/2020		375		376
2.885%, VAR ICE LIBOR USD 3 Month+0.350%, 02/12/2021		2,200		2,202
2.844%, VAR ICE LIBOR USD 3 Month+0.596%, 05/20/2022		450		453
Citigroup
2.650%, 10/26/2020		385		386
Citizens Bank
3.331%, VAR ICE LIBOR USD 3 Month+0.810%, 05/26/2022		550		552
3.248%, VAR ICE LIBOR USD 3 Month+0.720%, 02/14/2022		550		552
3.091%, VAR ICE LIBOR USD 3 Month+0.570%, 05/26/2020		700		702
3.060%, VAR ICE LIBOR USD 3 Month+0.540%, 03/02/2020		550		551
Commonwealth Bank of Australia
3.205%, VAR ICE LIBOR USD 3 Month+0.640%, 11/07/2019 (A)		750		751
Compass Bank
3.181%, VAR ICE LIBOR USD 3 Month+0.730%, 06/11/2021		500		501
Cooperatieve Rabobank
3.168%, VAR ICE LIBOR USD 3 Month+0.830%, 01/10/2022		800		809
2.697%, VAR ICE LIBOR USD 3 Month+0.430%, 04/26/2021		750		752
Credit Agricole MTN
3.423%, VAR ICE LIBOR USD 3 Month+0.970%, 06/10/2020 (A)		950		956
Danske Bank
5.000%, 01/12/2022 (A)		570		597
3.054%, VAR ICE LIBOR USD 3 Month+0.580%, 09/06/2019 (A)		600		600
Danske Bank MTN
3.030%, VAR ICE LIBOR USD 3 Month+0.510%, 03/02/2020 (A)		500		500
Deutsche Bank NY
3.273%, VAR ICE LIBOR USD 3 Month+0.970%, 07/13/2020		550		549
DNB Bank
2.690%, VAR ICE LIBOR USD 3 Month+0.370%, 10/02/2020 (A)		550		551

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 9

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
European Investment Bank
2.732%, VAR United States Secured Overnight Financing Rate+0.320%, 10/08/2021	$	1,980	$	1,979
Fifth Third Bank
2.901%, VAR ICE LIBOR USD 3 Month+0.590%, 09/27/2019		750		751
2.516%, VAR ICE LIBOR USD 3 Month+0.250%, 10/30/2020		400		400
Ford Motor Credit LLC
3.600%, VAR ICE LIBOR USD 3 Month+1.270%, 03/28/2022		350		346
1.897%, 08/12/2019		350		350
Goldman Sachs Bank USA NY
3.200%, 06/05/2020		1,450		1,460
Goldman Sachs Group
3.688%, VAR ICE LIBOR USD 3 Month+1.170%, 11/15/2021		525		529
3.377%, VAR ICE LIBOR USD 3 Month+1.110%, 04/26/2022		750		757
HSBC Holdings PLC
3.120%, VAR ICE LIBOR USD 3 Month+0.600%, 05/18/2021		640		641
3.086%, VAR ICE LIBOR USD 3 Month+0.650%, 09/11/2021		450		451
Huntington National Bank
2.963%, VAR ICE LIBOR USD 3 Month+0.510%, 03/10/2020		650		652
ING Bank
3.480%, VAR ICE LIBOR USD 3 Month+1.150%, 03/29/2022		400		406
3.009%, VAR ICE LIBOR USD 3 Month+0.690%, 10/01/2019 (A)		300		300
Inter-American Development Bank MTN
2.503%, VAR ICE LIBOR USD 3 Month+0.200%, 07/15/2021		1,685		1,690
International Bank for Reconstruction & Development
2.620%, VAR United States Secured Overnight Financing Rate+0.220%, 08/21/2020		2,675		2,676
Jackson National Life Global Funding
3.041%, VAR ICE LIBOR USD 3 Month+0.730%, 06/27/2022 (A)		375		379
2.931%, VAR ICE LIBOR USD 3 Month+0.480%, 06/11/2021 (A)		1,000		1,003
JPMorgan Chase
4.400%, 07/22/2020		1,370		1,397
3.214%, VAR ICE LIBOR USD 3 Month+0.955%, 01/23/2020		500		502
3.003%, VAR ICE LIBOR USD 3 Month+0.550%, 03/09/2021		550		551

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
KeyBank
3.333%, VAR ICE LIBOR USD 3 Month+0.810%, 11/22/2021	$	750	$	757
2.913%, VAR ICE LIBOR USD 3 Month+0.660%, 02/01/2022		1,550		1,557
KeyCorp MTN
2.900%, 09/15/2020		690		695
Manufacturers & Traders Trust
3.130%, VAR ICE LIBOR USD 3 Month+0.610%, 05/18/2022		450		451
2.546%, VAR ICE LIBOR USD 3 Month+0.270%, 01/25/2021		1,000		999
Marsh & McLennan
3.500%, 12/29/2020		115		117
Metropolitan Life Global Funding
2.400%, 01/08/2021 (A)		795		796
Morgan Stanley
3.458%, VAR ICE LIBOR USD 3 Month+1.180%, 01/20/2022		475		480
MUFG Union Bank
3.072%, VAR ICE LIBOR USD 3 Month+0.600%, 03/07/2022		950		950
National Bank of Canada MTN
2.996%, VAR ICE LIBOR USD 3 Month+0.560%, 06/12/2020		1,875		1,882
New York Life Global Funding
2.673%, VAR ICE LIBOR USD 3 Month+0.390%, 10/24/2019 (A)		600		601
2.479%, VAR ICE LIBOR USD 3 Month+0.160%, 10/01/2020 (A)		600		600
Penske Truck Leasing Lp
3.650%, 07/29/2021 (A)		400		408
PNC Bank
2.880%, VAR ICE LIBOR USD 3 Month+0.360%, 05/19/2020		500		501
2.528%, VAR ICE LIBOR USD 3 Month+0.250%, 01/22/2021		1,050		1,051
Reckitt Benckiser Treasury Services PLC
2.903%, VAR ICE LIBOR USD 3 Month+0.560%, 06/24/2022 (A)		550		549
Regions Bank
3.035%, VAR ICE LIBOR USD 3 Month+0.500%, 08/13/2021		450		450
Royal Bank of Canada
2.100%, 10/14/2020		2,235		2,232
Royal Bank of Canada MTN
2.656%, VAR ICE LIBOR USD 3 Month+0.390%, 04/30/2021		580		582
Santander UK PLC
3.140%, VAR ICE LIBOR USD 3 Month+0.620%, 06/01/2021		525		526

10 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Standard Chartered PLC
3.428%, VAR ICE LIBOR USD 3 Month+1.150%, 01/20/2023 (A)	$	525	$	525
Sumitomo Mitsui Banking
2.653%, VAR ICE LIBOR USD 3 Month+0.350%, 01/17/2020		250		250
SunTrust Bank
2.786%, VAR ICE LIBOR USD 3 Month+0.530%, 01/31/2020		1,835		1,838
2.590%, VAR ICE LIBOR USD 3 Month+0.298%, 01/29/2021		450		450
Svenska Handelsbanken MTN
2.995%, VAR ICE LIBOR USD 3 Month+0.470%, 05/24/2021		525		528
2.964%, VAR ICE LIBOR USD 3 Month+0.490%, 09/06/2019		400		400
Synchrony Financial
3.806%, VAR ICE LIBOR USD 3 Month+1.230%, 02/03/2020		600		602
Toronto-Dominion Bank MTN
2.881%, VAR ICE LIBOR USD 3 Month+0.430%, 06/11/2021		1,600		1,607
1.450%, 08/13/2019		550		550
Toyota Motor Credit MTN
2.740%, VAR ICE LIBOR USD 3 Month+0.440%, 10/18/2019		400		400
U.S. Bank
2.875%, VAR ICE LIBOR USD 3 Month+0.310%, 02/04/2021		1,250		1,252
UBS MTN
3.168%, VAR ICE LIBOR USD 3 Month+0.640%, 08/14/2019		450		450
2.200%, 06/08/2020 (A)		1,465		1,463
UniCredit MTN
6.572%, 01/14/2022 (A)		350		374
Volkswagen Group of America Finance LLC
3.475%, VAR ICE LIBOR USD 3 Month+0.940%, 11/12/2021 (A)		750		756
Wells Fargo
3.393%, VAR ICE LIBOR USD 3 Month+1.110%, 01/24/2023		400		405
Wells Fargo MTN
3.124%, VAR ICE LIBOR USD 3 Month+0.650%, 12/06/2019		650		652
2.870%, VAR United States Secured Overnight Financing Rate+0.480%, 03/25/2020		720		721
2.600%, 07/22/2020		1,715		1,719
				83,142

Description	Face Amount (Thousands)		Market Value ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Health Care — 3.0%
Amgen
2.985%, VAR ICE LIBOR USD 3 Month+0.450%, 05/11/2020	$	450	$	451
Bayer US Finance II LLC
3.500%, 06/25/2021 (A)		425		431
Becton Dickinson
3.194%, VAR ICE LIBOR USD 3 Month+0.875%, 12/29/2020		281		281
Bristol-Myers Squibb
2.550%, 05/14/2021 (A)		870		875
Cardinal Health
3.180%, VAR ICE LIBOR USD 3 Month+0.770%, 06/15/2022		775		775
Cigna
3.200%, 09/17/2020 (A)		1,965		1,979
3.060%, VAR ICE LIBOR USD 3 Month+0.650%, 09/17/2021 (A)		375		375
CVS Health
3.173%, VAR ICE LIBOR USD 3 Month+0.720%, 03/09/2021		435		437
3.083%, VAR ICE LIBOR USD 3 Month+0.630%, 03/09/2020		1,120		1,123
Dignity Health
2.637%, 11/01/2019		1,260		1,260
Gilead Sciences
2.637%, VAR ICE LIBOR USD 3 Month+0.250%, 09/20/2019		550		550
McKesson
3.650%, 11/30/2020		300		304
UnitedHealth Group
2.373%, VAR ICE LIBOR USD 3 Month+0.070%, 10/15/2020		500		499
				9,340
Industrials — 2.7%
AerCap Ireland Capital DAC
4.500%, 05/15/2021		735		757
Air Lease
2.125%, 01/15/2020		300		299
Aviation Capital Group LLC
2.936%, VAR ICE LIBOR USD 3 Month+0.670%, 07/30/2021 (A)		570		570
Caterpillar Financial Services MTN
2.752%, VAR ICE LIBOR USD 3 Month+0.280%, 09/07/2021		1,600		1,601
Equifax
3.388%, VAR ICE LIBOR USD 3 Month+0.870%, 08/15/2021		460		460
General Dynamics
2.875%, 05/11/2020		1,555		1,564

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 11

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund (Continued)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
CORPORATE OBLIGATIONS (continued)
General Electric
2.740%, VAR ICE LIBOR USD 3 Month+0.410%, 03/28/2020	$	264	$	263
2.500%, 03/28/2020		500		500
Honeywell International
2.546%, VAR ICE LIBOR USD 3 Month+0.280%, 10/30/2019		800		801
John Deere Capital MTN
2.350%, 01/08/2021		445		446
PACCAR Financial MTN
2.805%, VAR ICE LIBOR USD 3 Month+0.260%, 05/10/2021		150		150
United Technologies
3.175%, VAR ICE LIBOR USD 3 Month+0.650%, 08/16/2021		375		375
2.603%, VAR ICE LIBOR USD 3 Month+0.350%, 11/01/2019		600		601
				8,387
Information Technology — 2.0%
Broadcom
3.125%, 04/15/2021 (A)		2,185		2,197
2.375%, 01/15/2020		800		799
Hewlett Packard Enterprise
3.009%, VAR ICE LIBOR USD 3 Month+0.720%, 10/05/2021		375		375
2.100%, 10/04/2019 (A)		800		799
IBM Credit LLC
2.994%, VAR ICE LIBOR USD 3 Month+0.470%, 11/30/2020		1,140		1,146
Juniper Networks
3.300%, 06/15/2020		750		753
				6,069
Materials — 0.5%
Air Liquide Finance
1.375%, 09/27/2019 (A)		400		399
DowDuPont
3.766%, 11/15/2020		455		463
International Flavors & Fragrances
3.400%, 09/25/2020		245		247
Syngenta Finance
3.698%, 04/24/2020 (A)		450		453
				1,562
Utilities — 1.7%
American Electric Power
2.150%, 11/13/2020		450		448
Consolidated Edison of New York
2.749%, VAR ICE LIBOR USD 3 Month+0.400%, 06/25/2021		1,730		1,736

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
CORPORATE OBLIGATIONS (continued)
Dominion Energy
2.715%, 08/15/2021	$	130	$	130
DTE Energy
1.500%, 10/01/2019		435		435
Duke Energy Progress LLC
2.633%, VAR ICE LIBOR USD 3 Month+0.180%, 09/08/2020		540		540
Florida Power & Light
2.965%, VAR ICE LIBOR USD 3 Month+0.400%, 05/06/2022		900		900
Sempra Energy
1.625%, 10/07/2019		850		849
				5,038
Total Corporate Obligations (Cost $132,565) ($ Thousands)				133,054
ASSET-BACKED SECURITIES — 31.5%
Automotive — 12.7%
American Credit Acceptance Receivables Trust, Ser 2018-3, Cl A
2.920%, 08/12/2021 (A)		82		82
American Credit Acceptance Receivables Trust, Ser 2018-4, Cl A
3.380%, 12/13/2021 (A)		422		423
American Credit Acceptance Receivables Trust, Ser 2019-2, CI A
2.850%, 07/12/2022 (A)		284		284
AmeriCredit Automobile Receivables Trust, Ser 2016-3, Cl A3
1.460%, 05/10/2021		1		1
Americredit Automobile Receivables Trust, Ser 2018-1, Cl A2A
2.710%, 07/19/2021		107		107
Americredit Automobile Receivables Trust, Ser 2018-2, Cl A2A
2.860%, 11/18/2021		254		254
Americredit Automobile Receivables Trust, Ser 2019-1, Cl A2A
2.930%, 06/20/2022		630		632
ARI Fleet Lease Trust, Ser 2017-A, Cl A2
1.910%, 04/15/2026 (A)		123		122
CarMax Auto Owner Trust, Ser 2019-2, Cl A2A
2.690%, 07/15/2022		380		381
Carmax Auto Owner Trust, Ser 2019-3, Cl A2A
2.210%, 12/15/2022		1,215		1,214
Chesapeake Funding II LLC, Ser 2016-2A, CI A2
3.325%, VAR ICE LIBOR USD 1 Month+1.000%, 06/15/2028 (A)		116		116

12 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Chesapeake Funding II LLC, Ser 2017-2A, CI A1
1.990%, 05/15/2029 (A)	$	148	$	147
Chesapeake Funding II LLC, Ser 2017-3A, CI A1
1.910%, 08/15/2029 (A)		185		185
Chesapeake Funding II LLC, Ser 2017-3A, CI A2
2.665%, VAR ICE LIBOR USD 1 Month+0.340%, 08/15/2029 (A)		492		492
Chesapeake Funding II LLC, Ser 2017-4A, CI A1
2.120%, 11/15/2029 (A)		234		233
Chesapeake Funding II LLC, Ser 2017-4A, CI A2
2.665%, VAR ICE LIBOR USD 1 Month+0.340%, 11/15/2029 (A)		930		929
Chesapeake Funding II LLC, Ser 2018-1A, CI A1
3.040%, 04/15/2030 (A)		250		252
Chesapeake Funding II LLC, Ser 2018-2A, CI A2
2.695%, VAR ICE LIBOR USD 1 Month+0.370%, 08/15/2030 (A)		452		451
Chesapeake Funding II LLC, Ser 2018-3A, CI A1
3.390%, 01/15/2031 (A)		350		355
Chrysler Capital Auto Receivables Trust, Ser 2016-BA, CI A3
1.640%, 07/15/2021 (A)		100		100
CIG Auto Receivables Trust, Ser 2017-1A, Cl A
2.710%, 05/15/2023 (A)		44		44
CPS Auto Receivables Trust, Ser 2018-A, Cl A
2.160%, 05/17/2021 (A)		16		16
CPS Auto Receivables Trust, Ser 2018-D, Cl A
3.060%, 01/18/2022 (A)		225		225
CPS Auto Receivables Trust, Ser 2019-A, Cl A
3.180%, 06/15/2022 (A)		296		297
CPS Auto Receivables Trust, Ser 2019-B, Cl A
2.890%, 05/16/2022 (A)		259		259
CPS Auto Receivables Trust, Ser 2019-C, Cl A
2.550%, 09/15/2022 (A)		490		490
CPS Auto Trust, Ser 2018-C, CI A
2.870%, 09/15/2021 (A)		119		119
Credit Acceptance Auto Loan Trust, Ser 2017-2A, CI A
2.550%, 02/17/2026 (A)		453		453
Credit Acceptance Auto Loan Trust, Ser 2017-3A, CI A
2.650%, 06/15/2026 (A)		250		250
Drive Auto Receivables Trust, Ser 2015-DA, CI D
4.590%, 01/17/2023 (A)		449		451

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Drive Auto Receivables Trust, Ser 2017-3, CI D
3.530%, 12/15/2023 (A)	$	775	$	783
Drive Auto Receivables Trust, Ser 2018-3, Cl A3
3.010%, 11/15/2021		230		230
Drive Auto Receivables Trust, Ser 2018-4, Cl A3
3.040%, 11/15/2021		137		137
Drive Auto Receivables Trust, Ser 2018-4, CI B
3.360%, 10/17/2022		855		858
Drive Auto Receivables Trust, Ser 2018-5, CI A2B
2.645%, VAR ICE LIBOR USD 1 Month+0.320%, 07/15/2021		111		111
Drive Auto Receivables Trust, Ser 2019-1, Cl A3
3.180%, 10/17/2022		405		407
Drive Auto Receivables Trust, Ser 2019-2, Cl A2A
2.930%, 03/15/2022		497		498
Drive Auto Receivables Trust, Ser 2019-2, Cl A3
3.040%, 03/15/2023		275		277
DT Auto Owner Trust, Ser 2018-1A, Cl A
2.590%, 05/17/2021 (A)		1		1
DT Auto Owner Trust, Ser 2018-3A, Cl A
3.020%, 02/15/2022 (A)		918		920
DT Auto Owner Trust, Ser 2018-3A, Cl B
3.560%, 09/15/2022 (A)		665		673
DT Auto Owner Trust, Ser 2019-1A, Cl A
3.080%, 09/15/2022 (A)		258		258
DT Auto Owner Trust, Ser 2019-3A, Cl A
2.550%, 08/15/2022 (A)		445		445
Enterprise Fleet Financing LLC, Ser 2016-2, CI A2
1.740%, 02/22/2022 (A)		24		24
Enterprise Fleet Financing LLC, Ser 2017-2, CI A2
1.970%, 01/20/2023 (A)		94		93
Enterprise Fleet Financing LLC, Ser 2018-2, CI A2
3.140%, 02/20/2024 (A)		269		271
Enterprise Fleet Financing LLC, Ser 2019-1, CI A2
2.980%, 10/22/2024 (A)		820		827
Enterprise Fleet Financing LLC, Ser 2019-2, CI A2
2.290%, 02/20/2025 (A)		545		545
Exeter Automobile Receivables Trust, Ser 2018-3A, CI A
2.900%, 01/18/2022 (A)		160		160

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 13

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund (Continued)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Exeter Automobile Receivables Trust, Ser 2019-1A, Cl A
3.200%, 04/15/2022 (A)	$	466	$	467
Exeter Automobile Receivables Trust, Ser 2019-2A, Cl A
2.930%, 07/15/2022 (A)		419		420
Exeter Automobile Receivables Trust, Ser 2019-3A, CI A
2.590%, 09/15/2022 (A)		325		325
First Investors Auto Owner Trust, Ser 2017-2A, CI A1
1.860%, 10/15/2021 (A)		5		5
First Investors Auto Owner Trust, Ser 2018-1A, CI A1
2.840%, 05/16/2022 (A)		69		70
First Investors Auto Owner Trust, Ser 2019-1A, CI A
2.890%, 03/15/2024 (A)		262		264
Flagship Credit Auto Trust, Ser 2017-2, Cl A
1.850%, 07/15/2021 (A)		13		12
Flagship Credit Auto Trust, Ser 2017-3, Cl A
1.880%, 10/15/2021 (A)		86		86
Flagship Credit Auto Trust, Ser 2018-3, Cl A
3.070%, 02/15/2023 (A)		264		265
Flagship Credit Auto Trust, Ser 2018-4, Cl A
3.410%, 05/15/2023 (A)		410		413
Flagship Credit Auto Trust, Ser 2019-1, Cl A
3.110%, 08/15/2023 (A)		389		391
Flagship Credit Auto Trust, Ser 2019-2, Cl A
2.830%, 10/16/2023 (A)		727		730
Ford Credit Auto Lease Trust, Ser 2019-B, Cl A2A
2.280%, 02/15/2022		480		479
Ford Credit Auto Owner Trust, Ser 2015-2, CI A
2.440%, 01/15/2027 (A)		695		695
Ford Credit Floorplan Master Owner Trust, Ser 2016-5, Cl A1
1.950%, 11/15/2021		450		449
GLS Auto Receivables Trust, Ser 2017-1A, CI A2
2.670%, 04/15/2021 (A)		25		25
GLS Auto Receivables Trust, Ser 2018-1A, Cl A
2.820%, 07/15/2022 (A)		259		259
GLS Auto Receivables Trust, Ser 2018-3A, Cl A
3.350%, 08/15/2022 (A)		223		224
GLS Auto Receivables Trust, Ser 2019-1A, Cl A
3.370%, 01/17/2023 (A)		213		215
GLS Auto Receivables Trust, Ser 2019-2A, Cl A
3.060%, 04/17/2023 (A)		527		529
GM Financial Automobile Leasing Trust, Ser 2019-1, Cl A2A
2.910%, 04/20/2021		430		431

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
GM Financial Automobile Receivables Trust, Ser 2018-4, Cl A3
3.210%, 10/16/2023	$	600	$	610
Hertz Fleet Lease Funding, Ser 2019-1, Cl A1
2.849%, VAR ICE LIBOR USD 1 Month+0.470%, 01/10/2033 (A)		1,065		1,065
Hertz Fleet Lease Funding, Ser 2019-1, Cl A2
2.700%, 01/10/2033 (A)		770		771
Mercedes-Benz Auto Trust, Ser 2016-1, Cl A4
1.460%, 12/15/2022		1,465		1,455
Mercedes-Benz Auto Trust, Ser 2019-A, Cl A3
3.100%, 11/15/2021		310		313
Mercedes-Benz Auto Trust, Ser 2019-AA, Cl A
2.675%, VAR ICE LIBOR USD 1 Month+0.350%, 05/15/2023 (A)		420		420
Nissan Auto Lease Trust, Ser 2019-A, Cl A2
2.710%, 07/15/2021		380		381
Nissan Auto Lease Trust, Ser 2019-B, Cl A2A
2.270%, 10/15/2021		595		594
Nissan Master Owner Trust Receivables, Ser 2017-C, CI A
2.645%, VAR ICE LIBOR USD 1 Month+0.320%, 10/17/2022		1,225		1,226
Prestige Auto Receivables Trust, Ser 2017-1A, Cl A3
2.050%, 10/15/2021 (A)		526		526
Prestige Auto Receivables Trust, Ser 2018-1A, CI A2
2.970%, 12/15/2021 (A)		440		441
Prestige Auto Receivables Trust, Ser 2019-1A, CI A2
2.440%, 07/15/2022 (A)		790		790
Santander Drive Auto Receivables Trust, Ser 2015-4, Cl C
2.970%, 03/15/2021		6		6
Santander Drive Auto Receivables Trust, Ser 2016-3, Cl C
2.460%, 03/15/2022		383		382
Santander Drive Auto Receivables Trust, Ser 2018-3, Cl A3
3.030%, 02/15/2022		207		208
Santander Drive Auto Receivables Trust, Ser 2019-1, Cl A3
3.000%, 12/15/2022		275		277
Santander Retail Auto Lease Trust, Ser 2017-A, CI A3
2.220%, 01/20/2021 (A)		1,167		1,166
Santander Retail Auto Lease Trust, Ser 2019-A, Cl A2
2.720%, 01/20/2022 (A)		415		417
Securitized Term Auto Receivables Trust, Ser 2019-1A, Cl A3
2.986%, 02/27/2023 (A)		505		510

14 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Skopos Auto Receivables Trust, Ser 2018-1A, CI A
3.190%, 09/15/2021 (A)	$	86	$	86
Tesla Auto Lease Trust, Ser 2018-A, Cl A
2.320%, 12/20/2019 (A)		101		101
Tesla Auto Lease Trust, Ser 2018-B, Cl A
3.710%, 08/20/2021 (A)		1,073		1,087
Tidewater Auto Receivables Trust, Ser 2018-AA, CI A2
3.120%, 07/15/2022 (A)		251		251
United Auto Credit Securitization Trust, Ser 2019-1, Cl A
2.820%, 07/12/2021 (A)		555		556
USAA Auto Owner Trust, Ser 2019-1, Cl A2
2.260%, 02/15/2022		395		395
Westlake Automobile Receivables Trust, Ser 2018-2A, Cl A2A
2.840%, 09/15/2021 (A)		140		140
Westlake Automobile Receivables Trust, Ser 2019-1A, Cl A2A
3.060%, 05/16/2022 (A)		530		532
World Omni Auto Trust, Ser 2018-1A, Cl B
3.680%, 07/15/2023 (A)		320		326
World Omni Auto Trust, Ser 2019-A, Cl A2
3.020%, 04/15/2022		645		648
				39,316
Credit Card — 4.0%
American Express Credit Account Master Trust, Ser 2017-3, Cl A
1.770%, 11/15/2022		575		573
BA Credit Card Trust, Ser 2017-A1, CI A1
1.950%, 08/15/2022		1,555		1,551
Capital One Multi-Asset Execution Trust, Ser 2015-A3, Cl A3
2.725%, VAR ICE LIBOR USD 1 Month+0.400%, 03/15/2023		735		737
Capital One Multi-Asset Execution Trust, Ser 2016-A6, CI A6
1.820%, 09/15/2022		1,395		1,393
Citibank Credit Card Issuance Trust, Ser 2014-A1, CI A1
2.880%, 01/23/2023		350		354
Discover Card Execution Note Trust, Ser 2015-A2, Cl A
1.900%, 10/17/2022		2,205		2,199
Golden Credit Card Trust, Ser 2016-5A, Cl A
1.600%, 09/15/2021 (A)		335		335
Golden Credit Card Trust, Ser 2019-1A, Cl A
2.775%, VAR ICE LIBOR USD 1 Month+0.450%, 12/15/2022 (A)		685		686

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Master Credit Card Trust, Ser 2019-1A, Cl A
2.752%, VAR ICE LIBOR USD 1 Month+0.480%, 07/21/2022 (A)	$	350	$	351
Penarth Master Issuer PLC, Ser 2018-1A, Cl A1
2.680%, VAR ICE LIBOR USD 1 Month+0.380%, 03/18/2022 (A)		825		825
Synchrony Card Funding LLC, Ser 2019-A1, CI A
2.950%, 03/15/2025		1,170		1,190
Synchrony Credit Card Master Note Trust, Ser 2015-4, Cl A
2.380%, 09/15/2023		525		525
Synchrony Credit Card Master Note Trust, Ser 2016-3, Cl B
1.910%, 09/15/2022		772		771
Trillium Credit Card Trust II, Ser 2019-1A, Cl A
2.742%, VAR ICE LIBOR USD 1 Month+0.480%, 01/26/2024 (A)		750		751
				12,241
Miscellaneous Business Services — 14.8%
Accredited Mortgage Loan Trust, Ser 2004-4, CI A1A
2.946%, VAR ICE LIBOR USD 1 Month+0.680%, 01/25/2035		87		87
Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Ser 2004-4, CI A1
2.986%, VAR ICE LIBOR USD 1 Month+0.720%, 10/25/2034		28		28
Ajax Mortgage Loan Trust, Ser 2017-B, Cl A
3.163%, 09/25/2056 (A)(B)		428		429
ALM VI, Ser 2018-6A, CI A1B3
3.503%, VAR ICE LIBOR USD 3 Month+1.200%, 07/15/2026 (A)		600		590
ALM XVII, Ser 2018-17A, CI A1AR
3.233%, VAR ICE LIBOR USD 3 Month+0.930%, 01/15/2028 (A)		725		725
Apidos CLO XII, Ser 2018-12A, CI AR
3.383%, VAR ICE LIBOR USD 3 Month+1.080%, 04/15/2031 (A)		600		596
Avant Loans Funding Trust, Ser 2019-A, Cl A
3.480%, 07/15/2022 (A)		424		425
Barings BDC Static CLO, Ser 2019-1A, Cl A1
3.323%, VAR ICE LIBOR USD 3 Month+1.020%, 04/15/2027 (A)		717		713
Barings CLO, Ser 2018-3A, CI A1
3.228%, VAR ICE LIBOR USD 3 Month+0.950%, 07/20/2029 (A)		372		369
Bayview Opportunity Master Fund IVb Trust, Ser 2017-RT6, CI A
3.500%, 10/28/2057 (A)(B)		336		341

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 15

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund (Continued)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Carlyle Global Market Strategies, Ser 2018-1A, CI A1R2
3.273%, VAR ICE LIBOR USD 3 Month+0.970%, 04/17/2031 (A)	$	650	$	643
Carlyle Global Market Strategies, Ser 2018-2A, CI A1R
3.036%, VAR ICE LIBOR USD 3 Month+0.780%, 04/27/2027 (A)		729		728
CIFC Funding, Ser 2017-1A, CI A1R
3.572%, VAR ICE LIBOR USD 3 Month+1.250%, 07/16/2030 (A)		485		486
Cloud Pass-Through Trust, Ser 2019-1A, Cl CLOU
3.554%, 12/05/2022 (A)(B)		994		1,005
CLUB Credit Trust, Ser 2017-P2, Cl A
2.610%, 01/15/2024 (A)		79		79
CNH Equipment Trust, Ser 2017-C, Cl A2
1.840%, 03/15/2021		263		262
Cole Park CLO, Ser 2018-1A, CI AR
3.328%, VAR ICE LIBOR USD 3 Month+1.050%, 10/20/2028 (A)		750		751
Colombia Cent CLO, Ser 2018-27A, CI A1
3.426%, VAR ICE LIBOR USD 3 Month+1.150%, 10/25/2028 (A)		480		480
Credit Suisse Trust, Ser 2018-LD1
3.420%, 07/25/2024 (A)		60		60
Credit-Based Asset Servicing & Securitization LLC, Ser 2005-CB3, Cl M2
3.196%, VAR ICE LIBOR USD 1 Month+0.930%, 05/25/2035		153		153
Daimler Trucks Retail Trust, Ser 2019-1, Cl A2
2.770%, 04/15/2021 (A)		280		280
Dell Equipment Finance Trust, Ser 2018-1, Cl A2A
2.970%, 10/22/2020 (A)		237		237
Dell Equipment Finance Trust, Ser 2019-1, CI A2
2.780%, 08/23/2021 (A)		365		366
DLL, Ser 2017-A, CI A2
1.890%, 07/15/2020 (A)		4		5
DLL, Ser 2018-1, Cl A2
2.810%, 11/17/2020 (A)		265		265
Finance of America Structured Securities Trust, Ser 2018-HB1, CI A
3.375%, 09/25/2028 (A)(B)		196		196
Finance of America Structured Securities Trust, Ser 2019-HB1, CI A
3.279%, 04/25/2029 (A)(B)		289		290
Great American Auto Leasing, Ser 2019-1, CI A2
2.970%, 06/15/2021 (A)		610		612

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
GSAMP Trust, Ser 2006-HE1, CI A2D
2.576%, VAR ICE LIBOR USD 1 Month+0.310%, 01/25/2036	$	61	$	61
John Deere Owner Trust, Ser 2019-B, Cl A2
2.280%, 05/16/2022		665		665
KKR, Ser 2018-21, CI A
3.303%, VAR ICE LIBOR USD 3 Month+1.000%, 04/15/2031 (A)		465		459
Madison Park Funding XII, Ser 2017-12A, Cl AR
3.538%, VAR ICE LIBOR USD 3 Month+1.260%, 07/20/2026 (A)		181		181
Magnetite VII, Ser 2018-7A, CI A1R2
3.103%, VAR ICE LIBOR USD 3 Month+0.800%, 01/15/2028 (A)		800		793
Magnetite VIII, Ser 2018-8A, CI AR2
3.283%, VAR ICE LIBOR USD 3 Month+0.980%, 04/15/2031 (A)		685		680
Marlette Funding Trust, Ser 2017-3A, Cl A
2.360%, 12/15/2024 (A)		8		8
Marlette Funding Trust, Ser 2018-1A, Cl A
2.610%, 03/15/2028 (A)		48		48
Marlette Funding Trust, Ser 2018-2A, Cl A
3.060%, 07/17/2028 (A)		88		88
Marlette Funding Trust, Ser 2018-4A, Cl A
3.710%, 12/15/2028 (A)		255		257
Marlette Funding Trust, Ser 2019-1A, Cl A
3.440%, 04/16/2029 (A)		901		907
Marlette Funding Trust, Ser 2019-2A, Cl A
3.130%, 07/16/2029 (A)		465		467
Marlette Funding Trust, Ser 2019-3A, Cl A
2.690%, 09/17/2029 (A)		650		650
Mill City Mortgage Loan Trust, Ser 2015-2, CI A2
3.000%, 09/25/2057 (A)(B)		434		435
Mill City Mortgage Loan Trust, Ser 2017-3, CI A1
2.750%, 01/25/2061 (A)(B)		385		386
Mill City Mortgage Loan Trust, Ser 2018-1, CI A1
3.250%, 05/25/2062 (A)(B)		194		196
MMAF Equipment Finance LLC, Ser 2017-AA, Cl A3
2.040%, 02/16/2022 (A)		266		265
MMAF Equipment Finance LLC, Ser 2019-A, CI A2
2.840%, 01/10/2022 (A)		610		613
Nationstar HECM Loan Trust, Ser 2018-1A, CI A
2.760%, 02/25/2028 (A)(B)		65		65
Nationstar HECM Loan Trust, Ser 2018-2A, CI A
3.188%, 07/25/2028 (A)(B)		85		86

16 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Nationstar HECM Loan Trust, Ser 2019-1A, CI A
2.651%, 06/25/2029 (A)(B)	$	205	$	205
Navient Student Loan Trust, Ser 2017-3A, CI A1
2.566%, VAR ICE LIBOR USD 1 Month+0.300%, 07/26/2066 (A)		84		84
Navient Student Loan Trust, Ser 2018-1A, CI A2
2.616%, VAR ICE LIBOR USD 1 Month+0.350%, 03/25/2067 (A)		590		590
Navient Student Loan Trust, Ser 2019-2A, CI A1
2.536%, VAR ICE LIBOR USD 1 Month+0.270%, 02/27/2068 (A)		535		534
Navistar Financial Dealer Note Master Owner Trust II, Ser 2019-1, Cl A
2.906%, VAR ICE LIBOR USD 1 Month+0.640%, 05/28/2024 (A)		1,100		1,104
New Residential Mortgage Loan Trust, Ser 2017-6A, CI A1
4.000%, 08/27/2057 (A)(B)		535		552
New Residential Mortgage Loan Trust, Ser 2018-FNT1, CI A
3.610%, 05/25/2023 (A)		495		499
New Residential Mortgage Loan Trust, Ser 2018-FNT2, CI A
3.790%, 07/25/2054 (A)		294		297
NextGear Floorplan Master Owner Trust, Ser 2017-2A, CI A1
3.005%, VAR ICE LIBOR USD 1 Month+0.680%, 10/17/2022 (A)		935		938
NextGear Floorplan Master Owner Trust, Ser 2019-1A, CI A1
2.975%, VAR ICE LIBOR USD 1 Month+0.650%, 02/15/2024 (A)		645		646
NRZ Excess Spread-Collateralized Notes, Ser 2018-PLS1, Cl A
3.193%, 01/25/2023 (A)		245		245
NRZ Excess Spread-Collateralized Notes, Ser 2018-PLS2, CI A
3.265%, 02/25/2023 (A)		118		119
NYCTL Trust, Ser 2017-A, CI A
1.870%, 11/10/2030 (A)		91		90
NYCTL Trust, Ser 2018-A, CI A
3.220%, 11/10/2031 (A)		684		683
Ocean Trails CLO IV, Ser 2017-4A, CI AR
3.435%, VAR ICE LIBOR USD 3 Month+0.900%, 08/13/2025 (A)		411		411
OCP CLO, Ser 2017-8A, CI A1R
3.153%, VAR ICE LIBOR USD 3 Month+0.850%, 04/17/2027 (A)		458		458

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
OneMain Financial Issuance Trust, Ser 2016-1A, Cl B
4.570%, 02/20/2029 (A)	$	185	$	187
Onemain Financial Issuance Trust, Ser 2018-1A, CI A
3.300%, 03/14/2029 (A)		265		268
OneMain Financial Issuance Trust, Ser 2019-1A, CI A
3.480%, 02/14/2031 (A)		550		559
OZLM VII, Ser 2018-7RA, CI A1R
3.313%, VAR ICE LIBOR USD 3 Month+1.010%, 07/17/2029 (A)		590		586
OZLM XII, Ser 2018-12A, Cl A1R
3.316%, VAR ICE LIBOR USD 3 Month+1.050%, 04/30/2027 (A)		400		399
PFS Financing, Ser 2016-BA, Cl A
1.870%, 10/15/2021 (A)		374		373
Prosper Marketplace Issuance Trust, Ser 2018-1A, Cl A
3.110%, 06/17/2024 (A)		101		101
PRPM, Ser 2018-1A, CI A1
3.750%, 04/25/2023 (A)(B)		239		239
Regional Management Issuance, Ser 2018-1, CI A
3.830%, 07/15/2027 (A)		290		291
RMF Buyout Issuance Trust, Ser 2019-1, Cl A
2.475%, 07/25/2029 (A)(B)		661		660
Shackleton, Ser 2018-6RA, Cl A
3.323%, VAR ICE LIBOR USD 3 Month+1.020%, 07/17/2028 (A)		500		499
SLC Student Loan Trust, Ser 2005-1, Cl A3
2.618%, VAR ICE LIBOR USD 3 Month+0.100%, 02/15/2025		468		468
SLC Student Loan Trust, Ser 2006-1, Cl A5
2.520%, VAR ICE LIBOR USD 3 Month+0.110%, 03/15/2027		791		788
SLM Student Loan Trust, Ser 2004-3, Cl A5
2.446%, VAR ICE LIBOR USD 3 Month+0.170%, 07/25/2023		44		44
SLM Student Loan Trust, Ser 2004-8A, Cl A5
2.776%, VAR ICE LIBOR USD 3 Month+0.500%, 04/25/2024 (A)		43		43
SLM Student Loan Trust, Ser 2005-3, Cl A5
2.373%, VAR ICE LIBOR USD 3 Month+0.090%, 10/25/2024		236		235
SLM Student Loan Trust, Ser 2005-4, Cl A3
2.396%, VAR ICE LIBOR USD 3 Month+0.120%, 01/25/2027		219		218
SLM Student Loan Trust, Ser 2006-5, Cl A5
2.386%, VAR ICE LIBOR USD 3 Month+0.110%, 01/25/2027		304		303

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 17

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund (Continued)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
SLM Student Loan Trust, Ser 2007-6, Cl A4
2.656%, VAR ICE LIBOR USD 3 Month+0.380%, 10/25/2024	$	684	$	684
SLM Student Loan Trust, Ser 2008-5, Cl A4
3.976%, VAR ICE LIBOR USD 3 Month+1.700%, 07/25/2023		349		355
SLM Student Loan Trust, Ser 2008-9, Cl A
3.776%, VAR ICE LIBOR USD 3 Month+1.500%, 04/25/2023		360		365
SoFi Consumer Loan Program, Ser 2016-2, CI A
3.090%, 10/27/2025 (A)		238		238
SoFi Consumer Loan Program, Ser 2016-3, CI A
3.050%, 12/26/2025 (A)		268		269
SoFi Consumer Loan Program, Ser 2017-1, CI A
3.280%, 01/26/2026 (A)		291		293
SoFi Consumer Loan Program, Ser 2017-6, CI A1
2.200%, 11/25/2026 (A)		10		10
SoFi Consumer Loan Program, Ser 2018-1, CI A1
2.550%, 02/25/2027 (A)		64		64
SoFi Consumer Loan Program, Ser 2018-2, CI A1
2.930%, 04/26/2027 (A)		97		97
SoFi Consumer Loan Program, Ser 2018-3, CI A1
3.200%, 08/25/2027 (A)		99		100
SoFi Consumer Loan Program, Ser 2019-1, CI A
3.240%, 02/25/2028 (A)		1,354		1,366
SoFi Consumer Loan Program, Ser 2019-2, CI A
3.010%, 04/25/2028 (A)		669		672
SoFi Consumer Loan Program, Ser 2019-3, CI A
2.900%, 05/25/2028 (A)		1,550		1,554
SoFi Professional Loan Program, Ser 2017-A, CI A1
2.966%, VAR ICE LIBOR USD 1 Month+0.700%, 03/26/2040 (A)		100		100
Springleaf Funding Trust, Ser 2016-AA, Cl A
2.900%, 11/15/2029 (A)		540		540
SPS Servicer Advance Receivables Trust, Ser 2016-T2, CI AT2
2.750%, 11/15/2049 (A)		531		531
SPS Servicer Advance Receivables Trust, Ser 2018-T1, Cl A
3.620%, 10/17/2050		600		607

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Symphony CLO XIV, Ser 2017-14A, Cl A1R
3.583%, VAR ICE LIBOR USD 3 Month+1.280%, 07/14/2026 (A)	$	666	$	666
Towd Point Mortgage Trust, Ser 2015-4, CI A1B
2.750%, 04/25/2055 (A)(B)		61		61
Towd Point Mortgage Trust, Ser 2015-5, CI A1B
2.750%, 05/25/2055 (A)(B)		65		65
Towd Point Mortgage Trust, Ser 2016-1, CI A1B
2.750%, 02/25/2055 (A)(B)		53		53
Towd Point Mortgage Trust, Ser 2016-3, Cl A1
2.250%, 04/25/2056 (A)(B)		140		139
Towd Point Mortgage Trust, Ser 2016-4, Cl A1
2.250%, 07/25/2056 (A)(B)		225		222
Towd Point Mortgage Trust, Ser 2017-1, Cl A1
2.750%, 10/25/2056 (A)(B)		491		493
Towd Point Mortgage Trust, Ser 2017-2, Cl A1
2.750%, 04/25/2057 (A)(B)		275		276
Towd Point Mortgage Trust, Ser 2017-4, Cl A1
2.750%, 06/25/2057 (A)(B)		223		223
Towd Point Mortgage Trust, Ser 2017-5, Cl A1
2.866%, VAR ICE LIBOR USD 1 Month+0.600%, 02/25/2057 (A)		393		392
Towd Point Mortgage Trust, Ser 2017-6, Cl A1
2.750%, 10/25/2057 (A)(B)		205		206
Towd Point Mortgage Trust, Ser 2018-1, Cl A1
3.000%, 01/25/2058 (A)(B)		141		141
Treman Park CLO, Ser 2018-1A, Cl ARR
3.348%, VAR ICE LIBOR USD 3 Month+1.070%, 10/20/2028 (A)		550		550
Tryon Park CLO, Ser 2018-1A, CI A1SR
3.193%, VAR ICE LIBOR USD 3 Month+0.890%, 04/15/2029 (A)		360		358
Verizon Owner Trust, Ser 2016-1A, Cl A
1.420%, 01/20/2021 (A)		30		30
Verizon Owner Trust, Ser 2016-2A, Cl A
1.680%, 05/20/2021 (A)		112		112
Verizon Owner Trust, Ser 2017-2A, Cl B
2.220%, 12/20/2021 (A)		190		190
VOLT LXIV LLC, Ser 2017-NP11,CI A1
3.375%, 10/25/2047 (A)		304		304
VOLT LXX LLC, Ser 2018-NPL6, CI A1A
4.115%, 09/25/2048 (A)		298		299
Voya CLO, Ser 2017-3A, CI A1R
2.996%, VAR ICE LIBOR USD 3 Month+0.720%, 07/25/2026 (A)		359		358

18 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
ASSET-BACKED SECURITIES (continued)
Z Capital Credit Partners CLO, Ser 2018-1A, CI A1R
3.272%, VAR ICE LIBOR USD 3 Month+0.950%, 07/16/2027 (A)	$	600	$	597
				45,807
Total Asset-Backed Securities (Cost $97,160) ($ Thousands)				97,364
MORTGAGE-BACKED SECURITIES — 16.9%
Agency Mortgage-Backed Obligations — 5.9%
FHLMC
4.438%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.010%, 02/01/2030		28		29
4.220%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+1.928%, 02/01/2022		7		7
2.700%, 09/27/2021		1,150		1,150
FHLMC Multifamily Structured Pass-Through Certificates, Cl A1
2.746%, 12/25/2019		13		13
FHLMC Multifamily Structured Pass-Through Certificates, Ser K020, Cl A1
1.573%, 01/25/2022		181		180
FHLMC Multifamily Structured Pass-Through Certificates, Ser KI03, CI A
2.648%, VAR ICE LIBOR USD 1 Month+0.250%, 02/25/2023		939		938
FHLMC REMIC, Ser 2010-3745, Cl GP
4.000%, 06/15/2039		576		588
FHLMC REMIC, Ser 2013-4206, Cl CA
3.000%, 05/15/2037		791		798
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2014-DN2, Cl M2
3.916%, VAR ICE LIBOR USD 1 Month+1.650%, 04/25/2024		66		67
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-H01, Cl M3
6.066%, VAR ICE LIBOR USD 1 Month+3.800%, 03/25/2025		499		517
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-HQA2, CI M2
5.066%, VAR ICE LIBOR USD 1 Month+2.800%, 05/25/2028		713		722
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-DNA3, CI M2
4.266%, VAR ICE LIBOR USD 1 Month+2.000%, 12/25/2028		343		345
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-HQA1, CI M1
3.466%, VAR ICE LIBOR USD 1 Month+1.200%, 08/25/2029		845		848

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2018-SPI2, Cl M1
3.817%, 05/25/2048 (A)(B)	$	344	$	345
FNMA
6.000%, 01/01/2027		12		14
5.500%, 12/01/2023 to 12/01/2024		392		404
5.000%, 03/01/2025 (C)		161		165
5.000%, 04/01/2020 to 03/01/2025		71		73
4.965%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.215%, 01/01/2029		8		9
4.775%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.302%, 11/01/2023		1		1
4.672%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.120%, 11/01/2025		2		2
4.603%, VAR ICE LIBOR USD 6 Month+1.771%, 09/01/2024		13		14
4.599%, VAR ICE LIBOR USD 6 Month+1.841%, 09/01/2024		36		37
4.470%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.086%, 05/01/2028		2		2
3.727%, VAR ICE LIBOR USD 6 Month+1.000%, 11/01/2021		2		2
3.000%, 12/01/2030		1,128		1,151
1.900%, 10/01/2019		350		349
FNMA Connecticut Avenue Securities, Ser 2017-C02, CI 2M1
3.416%, VAR ICE LIBOR USD 1 Month+1.150%, 09/25/2029		170		171
FNMA Connecticut Avenue Securities, Ser 2018-C06, CI 1M1
2.816%, VAR ICE LIBOR USD 1 Month+0.550%, 03/25/2031		300		300
FNMA REMIC, Ser 1993-58, CI H
5.500%, 04/25/2023		8		8
FNMA REMIC, Ser 2001-33, Cl FA
2.716%, VAR LIBOR USD 1 Month+0.450%, 07/25/2031		10		10
FNMA REMIC, Ser 2002-64, Cl FG
2.550%, VAR LIBOR USD 1 Month+0.250%, 10/18/2032		6		6
FNMA REMIC, Ser 2011-113, CI AD
2.000%, 11/25/2026		260		258
FNMA REMIC, Ser 2011-24, Cl PC
4.000%, 10/25/2039		393		398
FNMA REMIC, Ser 2011-38, Cl BA
4.000%, 02/25/2035		485		485
FNMA REMIC, Ser 2012-63, Cl FE
2.666%, VAR LIBOR USD 1 Month+0.400%, 06/25/2038		336		336

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 19

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund (Continued)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FNMA REMIC, Ser 2014-39, Cl AB
3.000%, 09/25/2039	$	302	$	303
FNMA, Ser 2017-M13, Cl FA
2.842%, VAR ICE LIBOR USD 1 Month+0,400%, 10/25/2024		245		244
FNMA, Ser M9.CI A2
2.482%, 04/25/2022		292		294
FREMF Mortgage Trust, Ser 2011-K12, Cl B
4.345%, 01/25/2046 (A)(B)		920		940
FREMF Mortgage Trust, Ser 2012-K712, Cl B
3.314%, 05/25/2045 (A)(B)		120		120
FREMF Mortgage Trust, Ser 2013-K712, Cl C
3.314%, 05/25/2045 (A)(B)		840		840
FREMF Mortgage Trust, Ser 2014-K503, Cl C
3.042%, 10/25/2047 (A)(B)		210		210
FREMF Multifamily Aggregation Risk Transfer Trust, Ser 2017-KT01, CI A
2.589%, VAR ICE LIBOR USD 1 Month+0.320%, 02/25/2020		350		350
GNMA, Ser 2010-151, Cl KA
3.000%, 09/16/2039		134		136
GNMA, Ser 2010-81, Cl PM
3.750%, 04/20/2039		475		479
GNMA, Ser 2012-31, Cl KA
1.500%, 12/20/2038		739		738
GNMA, Ser 2012-7, Cl MD
3.500%, 11/20/2038		650		657
GNMA, Ser 2013-124, Cl CP
2.500%, 06/20/2041		284		286
NCUA Guaranteed Notes, Ser 2010-R1, Cl 1A
2.810%, VAR ICE LIBOR USD 1 Month+0.450%, 10/07/2020		1,011		1,012
NCUA Guaranteed Notes, Ser 2011-R1, Cl 1A
2.810%, VAR ICE LIBOR USD 1 Month+0.450%, 01/08/2020		665		666
NCUA Guaranteed Notes, Ser 2011-R2, Cl 1A
2.760%, VAR ICE LIBOR USD 1 Month+0.400%, 02/06/2020		39		39
NCUA Guaranteed Notes, Ser 2011-R3, Cl 1A
2.769%, VAR ICE LIBOR USD 1 Month+0.400%, 03/11/2020		82		82
				18,138
Non-Agency Mortgage-Backed Obligations — 11.0%
Angel Oak Mortgage Trust I LLC, Ser 2019-2, CI A1
3.628%, 03/25/2049 (A)(B)		288		912
Angel Oak Mortgage Trust I LLC, Ser 2019-4, CI A1
2.993%, 07/26/2049 (A)(B)		610		609

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Angel Oak Mortgage Trust LLC, Ser 2017-1, CI A1
2.810%, 01/25/2047 (A)(B)	$	23	$	23
Angel Oak Mortgage Trust LLC, Ser 2017-2, CI A1
2.478%, 07/25/2047 (A)(B)		133		132
Angel Oak Mortgage Trust LLC, Ser 2017-3, CI A1
2.708%, 11/25/2047 (A)(B)		90		90
Angel Oak Mortgage Trust LLC, Ser 2018-3, CI A1
3.649%, 09/25/2048 (A)(B)		277		279
Angel Oak Mortgage Trust LLC, Ser 2019-1, CI A1
3.920%, 11/25/2048 (A)(B)		627		636
Arroyo Mortgage Trust, Ser 2019-3, Cl A1
2.962%, 10/25/2048 (A)(B)		465		464
BAMLL Commercial Mortgage Securities Trust, Ser 2018-DSNY, CI A
3.175%, VAR ICE LIBOR USD 1 Month+0.850%, 09/15/2034 (A)		750		750
Banc of America Mortgage Securities, Ser 2005-F, Cl 2A2
4.359%, 07/25/2035 (B)		82		81
Banc of America Mortgage Securities, Ser 2005-J, Cl 2A1
4.469%, 11/25/2035 (B)		9		9
BBCMS Mortgage Trust, Ser 2017-DELC, Cl A
3.175%, VAR ICE LIBOR USD 1 Month+0.850%, 08/15/2036 (A)		800		799
Bear Stearns ARM Trust, Ser 2005-3, Cl 2A1
4.517%, 06/25/2035 (B)		44		46
Bear Stearns ARM Trust, Ser 2005-6, Cl 3A1
4.560%, 08/25/2035 (B)		89		89
Bunker Hill Loan Depositary Trust, Ser 20191, Cl A1
3.613%, 10/26/2048 (A)		182		184
BX Commercial Mortgage Trust, Ser 2018-IND, CI A
3.075%, VAR ICE LIBOR USD 1 Month+0.750%, 11/15/2035 (A)		276		276
BX Trust, Ser MCSF, CI A
2.902%, VAR ICE LIBOR USD 1 Month+0.577%, 04/15/2035 (A)		470		469
CGDBB Commercial Mortgage Trust, Ser BIOC,CI A
3.115%, VAR ICE LIBOR USD 1 Month+0.790%, 07/15/2032 (A)		450		450
CHC Commercial Mortgage Trust, Ser CHC, CI A
3.520%, VAR LIBOR USD 1 Month+1.120%, 06/15/2034 (A)		625		626

20 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
CIM Trust, Ser 2017-7, CI A
3.000%, 04/25/2057 (A)(B)	$	483	$	483
Citigroup Mortgage Loan Trust, Ser 2004-HYB3, Cl 1A
4.701%, 09/25/2034 (B)		15		15
Citigroup Mortgage Loan Trust, Ser 2006-AR2, CI 1A1
4.857%, 03/25/2036 (B)		69		65
Citigroup Mortgage Loan Trust, Ser 2018-RP2, CI A1
3.500%, 02/25/2058 (A)(B)		311		317
Citigroup Mortgage Loan Trust, Ser SST2, Cl A
3.245%, VAR ICE LIBOR USD 1 Month+0.920%, 12/15/2036 (A)		775		774
COLT Mortgage Loan Trust, Ser 2018-1, Cl A1
2.930%, 02/25/2048 (A)(B)		101		101
COLT Mortgage Loan Trust, Ser 2018-2, Cl A1
3.470%, 07/27/2048 (A)(B)		302		303
COLT Mortgage Loan Trust, Ser 2018-3, Cl A1
3.692%, 10/26/2048 (A)(B)		84		85
COLT Mortgage Loan Trust, Ser 2018-4, Cl A1
4.006%, 12/28/2048 (A)(B)		411		417
COLT Mortgage Loan Trust, Ser 2019-1, Cl A1
3.705%, 03/25/2049 (A)(B)		218		221
COLT Mortgage Loan Trust, Ser 2019-3, Cl A1
2.764%, 08/25/2049 (A)(B)		214		214
COMM Mortgage Trust, Ser 2014-UBS5, Cl A2
3.031%, 09/10/2047		64		64
COMM Mortgage Trust, Ser 2015-CR23, Cl A2
2.852%, 05/10/2048		1,258		1,258
COMM Mortgage Trust, Ser LC17, Cl A2
3.164%, 10/10/2047		172		172
Commercial Mortgage Pass-Through Certificates, Ser CR22, Cl A2
2.856%, 03/10/2048		678		678
Countrywide Home Loans, Ser 2004-29, CI 1A1
2.806%, VAR ICE LIBOR USD 1 Month+0.540%, 02/25/2035		12		12
Countrywide Home Loans, Ser 2005-HY10, Cl 3A1A
4.257%, 02/20/2036 (B)		65		60
Credit Suisse Mortgage Capital Certificates, Ser lCE4, CI B
3.555%, VAR ICE LIBOR USD 1 Month+1.230%, 05/15/2036 (A)		925		927
Deephaven Residential Mortgage Trust, Ser 2017-1A, CI A1
2.725%, 12/26/2046 (A)(B)		33		33
Deephaven Residential Mortgage Trust, Ser 2017-2A, CI A1
2.453%, 06/25/2047 (A)(B)		92		91

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Deephaven Residential Mortgage Trust, Ser 2017-3A, CI A1
2.577%, 10/25/2047 (A)(B)	$	104	$	104
Deephaven Residential Mortgage Trust, Ser 2018-1A,CI A1
2.976%, 12/25/2057 (A)(B)		127		127
Deephaven Residential Mortgage Trust, Ser 2018-2A, CI A1
3.479%, 04/25/2058 (A)(B)		337		340
Deephaven Residential Mortgage Trust, Ser 2018-3A, CI A1
3.789%, 08/25/2058 (A)(B)		452		457
Deephaven Residential Mortgage Trust, Ser 2019-3A, CI A1
2.964%, 07/25/2059 (A)(B)		550		549
FDIC Guaranteed Notes Trust, Ser 2010-S4, CI A
3.160%, VAR ICE LIBOR USD 1 Month+0.720%, 12/04/2020 (A)		607		598
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-DNA3, CI M2
5.116%, VAR ICE LIBOR USD 1 Month+2.850%, 04/25/2028		720		731
Flagstar Mortgage Trust, Ser 2018-5, Cl A7
4.000%, 09/25/2048 (A)(B)		279		283
GMAC Mortgage Loan Trust, Ser 2005-AR6, CI 2A1
4.073%, 11/19/2035 (B)		102		98
GS Mortgage Securities II, Ser 2015-GC30, CI A2
2.726%, 05/10/2050		275		275
GS Mortgage Securities Trust, Ser 2010-C2, CI A1
3.849%, 12/10/2043 (A)		83		84
GS Mortgage Securities Trust, Ser 2015- GC28.CI A2
2.898%, 02/10/2048		490		490
GS Mortgage Securities Trust, Ser 2017- 500K, CI A
3.025%, VAR ICE LIBOR USD 1 Month+0.700%, 07/15/2032 (A)		415		414
GS Mortgage Securities Trust, Ser 2018- FBLU, Cl B
3.525%, VAR ICE LIBOR USD 1 Month+1.200%, 11/15/2035 (A)		1,280		1,282
GS Mortgage Securities Trust, Ser ALOH, Cl A
3.551%, 04/10/2034 (A)		1,500		1,540
GSR Mortgage Loan Trust, Ser 2005-AR4, CI 2A1
4.664%, 07/25/2035 (B)		115		101
GSR Mortgage Loan Trust, Ser 2007-AR2, CI 1A1
4.284%, 05/25/2037 (B)		107		92

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 21

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund (Continued)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Impac CMB Trust, Ser 2004-9, Cl 1A1
3.026%, VAR ICE LIBOR USD 1 Month+0.760%, 01/25/2035	$	36	$	36
Impac CMB Trust, Ser 2005-2, Cl 1A1
2.786%, VAR ICE LIBOR USD 1 Month+0.520%, 04/25/2035		39		39
Impac CMB Trust, Ser 2005-3, Cl A1
2.746%, VAR ICE LIBOR USD 1 Month+0.480%, 08/25/2035		36		35
Impac CMB Trust, Ser 2005-5, Cl A1
2.906%, VAR ICE LIBOR USD 1 Month+0.640%, 08/25/2035		29		28
Impac CMB Trust, Ser 2005-8, Cl 1A
2.786%, VAR ICE LIBOR USD 1 Month+0.520%, 02/25/2036		95		93
JPMBB Commercial Mortgage Securities Trust, Ser 2014-C23, Cl A2
3.181%, 09/15/2047		96		96
JPMBB Commercial Mortgage Securities Trust, Ser 2014-C25, CI A2
2.949%, 11/15/2047		514		514
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C28, CI A2
2.773%, 10/15/2048		590		590
JPMBB Commercial Mortgage Securities Trust, Ser 2015-C29, Cl A2
2.921%, 05/15/2048		1,233		1,234
JPMorgan Chase Commercial Mortgage Securities Trust, CI A
2.933%, 09/05/2032 (A)		150		150
JPMorgan Mortgage Trust, Ser 2005-A6, CI 7A1
4.320%, 08/25/2035 (B)		44		43
JPMorgan Mortgage Trust, Ser 2007-A3, CI 1A1
4.268%, 05/25/2037 (B)		67		61
JPMorgan Mortgage Trust, Ser 2014-1, Cl 2A5
3.500%, 01/25/2044 (A)(B)		462		466
JPMorgan Mortgage Trust, Ser 2018-7FRB, CI A2
3.154%, VAR ICE LIBOR USD 1 Month+0.750%, 04/25/2046 (A)		338		337
KNDL Mortgage Trust, Ser KNSQ, CI A
3.125%, VAR ICE LIBOR USD 1 Month+0.800%, 05/15/2036 (A)		190		190
Lanark Master Issuer PLC, Ser 2019-1A, Cl 1A1
3.295%, VAR ICE LIBOR USD 3 Month+0.770%, 12/22/2069 (A)		200		200
LSTAR Securities Investment, Ser 2019-4, CI A1
3.902%, VAR ICE LIBOR USD 1 Month+1.500%, 05/01/2024 (A)		512		514

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Merrill Lynch Mortgage Backed Securities Trust, Ser 2007-3, Cl 2A1
4.301%, 06/25/2037 (B)	$	97	$	84
Merrill Lynch Mortgage Investors Trust, Ser 2005-A3,CI A1
2.536%, VAR ICE LIBOR USD 1 Month+0.270%, 04/25/2035		11		11
Metlife Securitization Trust, Ser 2017-1A, Cl A
3.000%, 04/25/2055 (A)(B)		173		174
MFRA Trust, Ser 2017-RPL1, CI A1
2.588%, 02/25/2057 (A)(B)		109		108
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2014-C14, CI A3
3.669%, 02/15/2047		514		521
Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2014-C16, Cl A2
2.849%, 06/15/2047		12		12
Morgan Stanley, Ser 2012-STAR, Cl A1
2.084%, 08/05/2034 (A)		88		87
MortgageIT Trust, Ser 2005-5, Cl A1
2.786%, VAR ICE LIBOR USD 1 Month+0.520%, 12/25/2035		105		104
Mortgage-Linked Amortizing Notes, Ser 2012-1, Cl A10
2.060%, 01/15/2022		188		188
MTRO Commercial Mortgage Trust, Ser 2019-TECH, CI A
3.225%, VAR ICE LIBOR USD 1 Month+0.900%, 12/15/2033 (A)		520		521
New Residential Mortgage Loan Trust, Ser 2017-3A, CI A1
4.000%, 04/25/2057 (A)(B)		245		253
New Residential Mortgage Loan Trust, Ser 2018-1A, Cl A1
4.000%, 09/25/2057 (A)(B)		271		277
OBX Trust, Ser 2018-1, Cl A2
2.916%, VAR ICE LIBOR USD 1 Month+0.650%, 06/25/2057 (A)		62		61
OBX Trust, Ser 2018-EXP2, Cl 2A1A
3.016%, VAR ICE LIBOR USD 1 Month+0.750%, 07/25/2058 (A)		652		652
OBX Trust, Ser 2019-INV1, CI A8
4.000%, 11/25/2048 (A)(B)		402		412
Paragon Mortgages No. 12, Ser 2006-12A, CI A2C
2.738%, VAR ICE LIBOR USD 3 Month+0.220%, 11/15/2038 (A)		83		78
Paragon Mortgages No. 15, Ser 2007-15A, CI A2C
2.630%, VAR ICE LIBOR USD 3 Month+0.220%, 12/15/2039 (A)		191		182
RFMSI Trust, Ser 2007-SA3, CI2A1
5.226%, 07/27/2037 (B)		88		79

22 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
Sequoia Mortgage Trust, Ser 2004-12, Cl A1
2.812%, VAR ICE LIBOR USD 1 Month+0.540%, 01/20/2035	$	10	$	10
Sequoia Mortgage Trust, Ser 2017-CH2, CI A10
4.000%, 12/25/2047 (A)(B)		760		766
Sequoia Mortgage Trust, Ser 2018-CH3, Cl A1
4.500%, 08/25/2048 (A)(B)		349		360
SG Residential Mortgage Trust, Ser 2018-1, CI A1
3.425%, 04/27/2048 (A)(B)		282		283
Spruce Hill Mortgage Loan Trust, Ser 19-SH1, CI A1
3.265%, 04/29/2049 (A)		390		393
Verus Securitization Trust, Ser 2018-1, Cl A1
2.929%, 02/25/2048 (A)(B)		110		110
Verus Securitization Trust, Ser 2018-2, Cl A1
3.677%, 06/01/2058 (A)(B)		377		380
Verus Securitization Trust, Ser 2019-2, Cl A1
3.211%, 04/25/2059 (A)(B)		378		380
WaMu Mortgage Pass-Through Certificates, Ser 2006-AR2, Cl 1A1
4.198%, 03/25/2036 (B)		133		130
Wells Fargo Commercial Mortgage Trust, Ser C28, CIA2
2.855%, 05/15/2048		175		175
Wells Fargo Commercial Mortgage Trust, Ser NXS2, CIA2
3.020%, 07/15/2058		1,810		1,809
Wells Fargo Mortgage-Backed Securities Trust, Ser 2004-BB, CI A2
4.952%, 01/25/2035 (B)		32		32
Wells Fargo Mortgage-Backed Securities Trust, Ser 2006-AR10, CI 2A1
4.992%, 07/25/2036 (B)		68		70
Wells Fargo Mortgage-Backed Securities Trust, Ser 2019-2, Cl A3
4.000%, 04/25/2049 (A)(B)		377		385
WFRBS Commercial Mortgage Trust, Ser 2013-UBS1, CI A2
2.927%, 03/15/2046		15		15
WFRBS Commercial Mortgage Trust, Ser 2014-LC14, CI A2
2.862%, 03/15/2047		25		25
				33,911
Total Mortgage-Backed Securities (Cost $52,033) ($ Thousands)				52,049

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
U.S. TREASURY OBLIGATIONS — 3.2%
U.S. Treasury Notes
2.220%, VAR US Treasury 3 Month Bill Money Market Yield+0.139%, 04/30/2021	$	1,000	$	1,000
2.196%, VAR US Treasury 3 Month Bill Money Market Yield+0.115%, 01/31/2021		1,050		1,049
1.500%, 10/31/2019		3,045		3,039
1.500%, 11/30/2019 (C)		1,250		1,247
1.125%, 12/31/2019		3,400		3,385
Total U.S. Treasury Obligations (Cost $9,717) ($ Thousands)				9,720
MUNICIPAL BONDS — 1.3%
California — 0.2%
California State, GO
Callable 10/01/2021 @ 100
3.178%, 04/01/2047 (D)		775		777
Colorado — 0.3%
Colorado State, Housing & Finance Authority, RB
Callable 07/31/2019 @ 100
2.300%, 10/01/2038 (D)		900		900
New Jersey — 0.6%
Atlantic County, Improvement Authority, RB
3.250%, 06/17/2020		610		615
City of Jersey City, Ser A, GO
1.908%, 09/01/2020		505		501
Monmouth County, Improvement Authority, RB
2.500%, 11/14/2019		715		715
Pennsylvania — 0.1%				1,831
Pennsylvania State, Turnpike Commission, Sub-Ser B, RB
1.760%, 12/01/2019		370		369
Utah — 0.1%
Utah State, Board of Regents, Ser 2016-1, CI A, RB
3.016%, VAR ICE LIBOR USD 1 Month+0.750%, 09/25/2056		271		272
Total Municipal Bonds (Cost $4,147) ($ Thousands)				4,149

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 23

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Ultra Short Duration Bond Fund(Concluded)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
SOVEREIGN DEBT — 1.0%
Province of Ontario Canada
2.550%, 02/12/2021	$	1,200	$	1,208
Province of Quebec Canada
2.375%, 01/31/2022		2,000		2,017
Total Sovereign Debt (Cost $3,215) ($ Thousands)				3,225
U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.5%
FHLMC MTN
1.500%, 01/17/2020		1,250		1,247
FNMA
2.550%, VAR United States Secured Overnight Financing Rate+0.160%, 01/30/2020		325		325
Total U.S. Government Agency Obligations (Cost $1,569) ($ Thousands)				1,572

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
REPURCHASE AGREEMENT — 2.2%
BNP Paribas 2.550%, dated 07/31/19, to be repurchased on 08/01/19, repurchased price $6,900,489 (collateralized by various FNMA, GNMA, ranging in par value $1,063 - $4,706,692, 3.000% - 6.500%, 07/01/2022 – 04/01/2056; with total market value $7,038,001) (E)	$	6,900	$	6,900
Total Repurchase Agreement (Cost $6,900) ($ Thousands)				6,900
Total Investments in Securities — 99.7% (Cost $307,306) ($ Thousands)			$	308,033

A list of the open futures contracts held by the Fund at July 31, 2019, is as follows:

Type of Contract	Number of Contracts Long/(Short)	Expiration Date		Notional Amount (Thousands)			Value         (Thousands)			Unrealized Appreciation     (Depreciation) (Thousands)
U.S. 10-Year Treasury Notes	(15)		Sep-2019	$	(1,878	)	$	(1,911	)	$	(33	)
U.S. 2-Year Treasury Notes	24		Oct-2019		5,134			5,146			12
U.S. 5-Year Treasury Notes	(1)		Oct-2019		(117	)		(118	)		(1	)
U.S. Long Treasury Bond	(1)		Sep-2019		(151	)		(156	)		(5	)
				$	2,988		$	2,961		$	(27	)

For the period ended July 31, 2019, 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 $308,814 ($ Thousands).

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On July 31, 2019, the value of these securities amounted to $125,353 ($ Thousands), representing 40.6% of the Net Assets of the Fund.

(B) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

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

(D) Variable or floating rate security, the interest rate of which adjusts periodically based on prevailing interest rates.

(E) Tri-Party Repurchase Agreement.

24 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

ARM – Adjustable Rate Mortgage

CLO – Collateralized Loan Obligation

FNMA – Federal National Mortgage Association

GNMA – Government National Mortgage Association

GO – General Obligation

ICE – Intercontinental Exchange

LIBOR – London Interbank Offered Rate

LLC – Limited Liability Company

MTN – Medium Term Note

PLC – Public Limited Company

RB – Revenue Bond

REMIC – Real Estate Mortgage Investment Conduit

Ser – Series

USD – U.S. Dollar

VAR – Variable Rate

The following is a summary of the inputs used as of July 31, 2019 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	$	–		$	133,054	$	–	$	133,054
Asset-Backed Securities		–			97,364		–		97,364
Mortgage-Backed Securities		–			52,049		–		52,049
U.S. Treasury Obligations		–			9,720		–		9,720
Municipal Bonds		–			4,149		–		4,149
Sovereign Debt		–			3,225		–		3,225
U.S. Government Agency Obligations		–			1,572		–		1,572
Repurchase Agreement		–			6,900		–		6,900
Total Investments in Securities	$	–		$	308,033	$	–	$	308,033
Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*
Unrealized Appreciation	$	12		$	–	$	–	$	12
Unrealized Depreciation		(39	)		–		–		(39)
Total Other Financial Instruments	$	(27	)	$	–	$	–	$	(27)

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

For the period ended July 31, 2019, there were no transfers between Level 1, Level 2 and/or Level 3 assets and liabilities.

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, 2019 25

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Short-Duration Government Fund

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES — 69.9%
Agency Mortgage-Backed Obligations — 69.9%
FHLMC
4.955%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.363%, 06/01/2024	$	6	$	6
4.832%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.200%, 05/01/2024		5		5
4.744%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.255%, 04/01/2029		10		10
4.700%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.212%, 06/01/2024		8		8
4.625%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.125%, 11/01/2020		1		1
4.621%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.173%, 12/01/2023		286		296
4.608%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.142%, 12/01/2023		20		21
4.534%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.255%, 07/01/2024		6		6
4.500%, 09/01/2020 to 12/01/2039		5,000		5,303
3.000%, 11/01/2036 to 12/01/2046		17,233		17,525
FHLMC Multifamily Structured Pass Through Certificates, Ser KF35, Cl A
2.748%, VAR ICE LIBOR USD 1 Month+0.350%, 08/25/2024		6,298		6,284
FHLMC Multifamily Structured Pass Through Certificates, Ser KF60, CI A
2.888%, VAR ICE LIBOR USD 1 Month+0.490%, 02/25/2026		8,671		8,697
FHLMC Multifamily Structured Pass Through Certificates, Ser KF62, CI A
2.878%, VAR LIBOR USD 1 Month+0.480%, 04/25/2026		17,000		17,051
FHLMC Multifamily Structured Pass Through Certificates, Ser KGRP, Cl A
2.778%, VAR ICE LIBOR USD 1 Month+0.380%, 04/25/2020		264		264

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FHLMC REMIC, Ser 2002-42, CI A5
7.500%, 02/25/2042	$	289	$	344
FHLMC REMIC, Ser 2003-2571, Cl FY
3.075%, VAR LIBOR USD 1 Month+0.750%, 12/15/2032		4,018		4,087
FHLMC REMIC, Ser 2006-3148, Cl CF
2.725%, VAR LIBOR USD 1 Month+0.400%, 02/15/2034		181		181
FHLMC REMIC, Ser 2006-3174, Cl FA
2.625%, VAR LIBOR USD 1 Month+0.300%, 04/15/2036		2,693		2,680
FHLMC REMIC, Ser 2006-3219, Cl EF
2.725%, VAR LIBOR USD 1 Month+0.400%, 04/15/2032		3,009		3,004
FHLMC REMIC, Ser 2007-3339, Cl HF
2.845%, VAR LIBOR USD 1 Month+0.520%, 07/15/2037		3,258		3,278
FHLMC REMIC, Ser 2010-3628, Cl PJ
4.500%, 01/15/2040		1,521		1,621
FHLMC REMIC, Ser 2011-3788, Cl FA
2.855%, VAR LIBOR USD 1 Month+0.530%, 01/15/2041		5,131		5,149
FHLMC REMIC, Ser 2011-3795, Cl EB
2.500%, 10/15/2039		81		81
FHLMC REMIC, Ser 2011-3930, CI AI, IO
3.500%, 09/15/2026		509		42
FHLMC REMIC, Ser 2012-4018, Cl AI, IO
3.500%, 03/15/2027		863		64
FHLMC REMIC, Ser 2012-4030, Cl FD
2.675%, VAR LIBOR USD 1 Month+0.350%, 02/15/2041		9,273		9,292
FHLMC REMIC, Ser 2012-4032, Cl Cl, IO
3.500%, 06/15/2026		1,356		68
FHLMC REMIC, Ser 2012-4060, Cl TI, IO
2.500%, 12/15/2026		1,299		59
FHLMC REMIC, Ser 2013-4170, CI QI, IO
3.000%, 05/15/2032		1,244		75
FHLMC REMIC, Ser 2013-4176, Cl KI, IO
4.000%, 03/15/2028		1,435		113
FHLMC REMIC, Ser 2013-4178, Cl Bl, IO
3.000%, 03/15/2033		850		94
FHLMC REMIC, Ser 2013-4178, Cl Ml, IO
2.500%, 03/15/2028		668		44
FHLMC REMIC, Ser 2013-4182, Cl IE, IO
2.500%, 03/15/2028		561		39
FHLMC REMIC, Ser 2013-4195, CI AI, IO
3.000%, 04/15/2028		1,580		125
FHLMC REMIC, Ser 2013-4199, Cl QI, IO
2.500%, 05/15/2028		927		67
FHLMC REMIC, Ser 2013-4220, Cl IE, IO
4.000%, 06/15/2028		789		66
FHLMC REMIC, Ser 2013-4223, Cl AL
3.000%, 08/15/2042		3,214		3,267

26 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FHLMC REMIC, Ser 2014-4314, Cl GA
3.000%, 12/15/2039	$	3,283	$	3,326
FHLMC REMIC, Ser 2014-4340, Cl Ml, IO
4.500%, 02/15/2027		2,848		266
FHLMC REMIC, Ser 2014-4419, Cl CW
2.500%, 10/15/2037		9,893		9,888
FHLMC REMIC, Ser 2015-4484, Cl Cl, IO
4.000%, 07/15/2030		1,757		189
FHLMC REMIC, Ser 2016-4620, Cl IO, IO
5.000%, 09/15/2033		1,293		217
FHLMC REMIC, Ser 2017-4709, CI AB
3.000%, 08/15/2047		1,525		1,555
FHLMC REMIC, Ser 2018-4820, CI, JI, IO
5.000%, 02/15/2048		1,654		346
FHLMC REMIC, Ser 3153, CI FX
2.675%, VAR LIBOR USD 1 Month+0.350%, 05/15/2036		124		124
FHLMC, Ser 2013-303, Cl C2, IO
3.500%, 01/15/2028		2,668		231
FNMA
7.000%, 06/01/2037		4		5
6.500%, 05/01/2026 to 01/01/2036		145		162
6.000%, 02/01/2023 to 09/01/2024		837		864
5.500%, 12/01/2020 to 06/01/2038		309		342
4.673%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.249%, 08/01/2029		123		128
4.599%, VAR ICE LIBOR USD 6 Month+1.841%, 09/01/2024		171		176
4.580%, 01/01/2021		1,415		1,430
4.545%, 02/01/2020		112		112
4.500%, 08/01/2021 to 08/01/2044		11,597		12,431
4.470%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+2.086%, 05/01/2028		8		8
4.380%, 04/01/2021 to 08/01/2027		1,809		1,852
4.330%, 04/01/2021 to 07/01/2021		3,684		3,797
4.302%, 07/01/2021		348		361
4.295%, 06/01/2021		3,452		3,568
4.236%, VAR US Treas Yield Curve Rate T Note Const Mat 1 Yr+1.885%, 12/01/2029		52		53
4.230%, 01/01/2021		4,357		4,437
4.210%, 07/01/2020		644		649
4.066%, 07/01/2020		2,435		2,463
4.050%, 01/01/2021		1,000		1,017
4.040%, 06/01/2021		10,778		11,043
4.000%, 05/01/2026 to 04/01/2042		2,045		2,145
3.990%, 07/01/2021		119		122
3.980%, 07/01/2021 to 08/01/2021		8,828		9,087
3.970%, 06/01/2021		1,862		1,906
3.890%, 10/01/2023		835		888
3.850%, 01/01/2024		554		590

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
3.840%, 08/01/2021	$	6,426	$	6,576
3.810%, 11/01/2023		91		97
3.794%, 12/01/2020		4,320		4,389
3.770%, 09/01/2021		100		103
3.750%, 06/01/2022 to 09/01/2023		3,167		3,322
3.730%, 07/01/2022		2,047		2,111
3.700%, 11/01/2020		794		802
3.650%, 11/01/2021 to 08/01/2023		3,398		3,490
3.620%, 09/01/2020		6,586		6,634
3.590%, 10/01/2020		176		177
3.510%, 11/01/2021		1,033		1,058
3.500%, 02/01/2045		2,545		2,633
3.490%, 12/01/2020		6,063		6,103
3.400%, 03/01/2022		3,473		3,572
3.330%, 10/01/2020		1,692		1,703
3.265%, 01/01/2022		742		764
3.250%, 12/01/2021		1,210		1,235
3.230%, 11/01/2020		3,012		3,031
3.150%, 01/01/2027		1,484		1,549
3.070%, 06/01/2027		969		1,008
3.017%, 04/01/2022		253		254
3.000%, 09/01/2027 to 02/01/2031		1,291		1,318
2.960%, 01/01/2027		1,245		1,291
2.940%, 06/01/2022		674		686
2.930%, 05/01/2022		670		684
2.831%, VAR LIBOR USD 1 Month+0.350%, 01/01/2023		1,437		1,432
2.830%, 06/01/2022		172		174
2.740%, 04/01/2022		152		154
2.580%, 08/01/2022		2,164		2,183
2.540%, 03/01/2023		617		623
2.450%, 11/01/2022		400		404
2.410%, 07/01/2021		138		138
2.360%, 04/01/2022		4,600		4,618
2.220%, 10/01/2022		2,137		2,134
2.150%, 05/01/2022		4,550		4,543
2.110%, 01/01/2020		3,640		3,634
2.050%, 11/01/2023		1,257		1,253
1.750%, 06/01/2020		7,050		7,022
FNMA Interest, Ser 2009-397, CI 6
2.000%, 09/25/2039		2,106		2,044
FNMA REMIC, Ser 1992-61, CI FA
2.916%, VAR LIBOR USD 1 Month+0.650%, 10/25/2022		15		15
FNMA REMIC, Ser 1993-32, CI H
6.000%, 03/25/2023		7		7
FNMA REMIC, Ser 1993-5, CI Z
6.500%, 02/25/2023		4		4
FNMA REMIC, Ser 1994-77, Cl FB
3.766%, VAR LIBOR USD 1 Month+1.500%, 04/25/2024		2		2

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 27

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Short-Duration Government Fund (Continued)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FNMA REMIC, Ser 2002-53, Cl FK
2.666%, VAR LIBOR USD 1 Month+0.400%, 04/25/2032	$	45	$	45
FNMA REMIC, Ser 2003-76, Cl CA
3.750%, 07/25/2033		20		20
FNMA REMIC, Ser 2006-76, Cl QF
2.666%, VAR LIBOR USD 1 Month+0.400%, 08/25/2036		412		412
FNMA REMIC, Ser 2006-79, Cl DF
2.616%, VAR LIBOR USD 1 Month+0.350%, 08/25/2036		340		340
FNMA REMIC, Ser 2007-47, Cl DA
5.600%, 05/25/2037		442		488
FNMA REMIC, Ser 2007-64, Cl FB
2.636%, VAR LIBOR USD 1 Month+0.370%, 07/25/2037		2,274		2,277
FNMA REMIC, Ser 2008-16, Cl FA
2.966%, VAR LIBOR USD 1 Month+0.700%, 03/25/2038		1,706		1,729
FNMA REMIC, Ser 2009-110, Cl FD
3.016%, VAR LIBOR USD 1 Month+0.750%, 01/25/2040		5,976		6,068
FNMA REMIC, Ser 2009-112, Cl FM
3.016%, VAR LIBOR USD 1 Month+0.750%, 01/25/2040		3,678		3,736
FNMA REMIC, Ser 2009-82, Cl FC
3.186%, VAR LIBOR USD 1 Month+0.920%, 10/25/2039		4,881		4,987
FNMA REMIC, Ser 2009-82, Cl FD
3.116%, VAR LIBOR USD 1 Month+0.850%, 10/25/2039		4,755		4,843
FNMA REMIC, Ser 2010-4, Cl PL
4.500%, 02/25/2040		1,517		1,609
FNMA REMIC, Ser 2010-56, Cl AF
2.954%, VAR LIBOR USD 1 Month+0.550%, 06/25/2040		4,207		4,234
FNMA REMIC, Ser 2012-111, Cl Nl, IO
3.500%, 10/25/2027		1,569		142
FNMA REMIC, Ser 2012-4083, Cl Dl, IO
4.000%, 07/15/2027		466		41
FNMA REMIC, Ser 2012-43, Cl AI, IO
3.500%, 04/25/2027		5,204		424
FNMA REMIC, Ser 2012-47, Cl QI, IO
5.469%, 05/25/2042 (A)		324		31
FNMA REMIC, Ser 2012-53, Cl BI, IO
3.500%, 05/25/2027		970		84
FNMA REMIC, Ser 2012-70, Cl IW, IO
3.000%, 02/25/2027		2,204		133
FNMA REMIC, Ser 2012-93, Cl IL, IO
3.000%, 09/25/2027		858		63
FNMA REMIC, Ser 2012-97, CI JI, IO
3.000%, 07/25/2027		2,459		163

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FNMA REMIC, Ser 2012-98, Cl BI, IO
6.000%, 01/25/2042	$	2,707	$	465
FNMA REMIC, Ser 2013-121, Cl FA
2.666%, VAR LIBOR USD 1 Month+0.400%, 12/25/2043		27,426		27,424
FNMA REMIC, Ser 2013-130, Cl FQ
2.466%, VAR LIBOR USD 1 Month+0.200%, 06/25/2041		5,163		5,136
FNMA REMIC, Ser 2013-41, CI A
1.750%, 05/25/2040		7,344		7,186
FNMA REMIC, Ser2014-50, CI SC, IO
1.928%, 08/25/2044 (A)		3,568		197
FNMA REMIC, Ser 2015-21, CI WI, IO
1.824%, 04/25/2055 (A)		2,225		127
FNMA REMIC, Ser 2015-42, CI AI, IO
1.849%, 06/25/2055 (A)		2,725		142
FNMA REMIC, Ser 2015-5, Cl CP
3.000%, 06/25/2043		2,270		2,321
FNMA REMIC, Ser 2015-68, CI JI, IO
3.500%, 08/25/2030		501		46
FNMA REMIC, Ser 2015-68, Cl HI, IO
3.500%, 09/25/2035		1,026		129
FNMA REMIC, Ser 2016-3, CI JI, IO
3.500%, 02/25/2031		1,085		81
FNMA REMIC, Ser 2016-71, Cl IN, IO
3.500%, 10/25/2046		962		190
FNMA REMIC, Ser 2017-15, Cl BC
3.250%, 11/25/2043		6,083		6,228
FNMA REMIC, Ser 2017-68, Cl BI, IO
6.000%, 09/25/2047		1,939		451
FNMA REMIC, Ser 2018-13, Cl MP
3.500%, 12/25/2057		5,852		6,147
FNMA REMIC, Ser 2018-38, Cl PC
3.500%, 03/25/2045		6,044		6,141
FNMA REMIC, Ser 2018-55, Cl PA
3.500%, 01/25/2047		6,251		6,376
FNMA REMIC, Ser 2018-70, Cl HA
3.500%, 10/25/2056		4,503		4,691
FNMA REMIC, Ser 2019-28, Cl JA
3.500%, 06/25/2059		5,591		5,843
FNMA TBA
6.000%, 08/01/2033		2,200		2,419
4.500%, 08/25/2028 to 08/01/2033		26,935		27,187
3.500%, 08/01/2040		2,650		2,714
2.500%, 09/15/2027		12,450		12,519
FNMA, Ser 2012-410, Cl C6, IO
4.000%, 05/25/2027		1,528		127
FNMA, Ser 2017-M13, Cl FA
2.842%, VAR ICE LIBOR USD 1 Month+0.400%, 10/25/2024		1,938		1,931

28 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FNMA, Ser 2017-M5, Cl FA
2.932%, VAR ICE LIBOR USD 1 Month+0.490%, 04/25/2024	$	1,229	$	1,231
FNMA, Ser 2018- M12, CI FA
2.782%, VAR ICE LIBOR USD 1 Month+0.400%, 08/25/2025		1,990		1,983
FNMA, Ser 2018-M5, CI A2
3.560%, 09/25/2021 (A)		6,641		6,747
FREMF Multifamily Aggregation Risk Transfer Trust, Ser2017-KT01, CI A
2.589%, VAR ICE LIBOR USD 1 Month+0.320%, 02/25/2020		19,590		19,590
GNMA
6.500%, 08/15/2037 to 02/20/2039		254		284
6.000%, 09/15/2019 to 06/15/2041		5,091		5,801
5.500%, 10/15/2034 to 02/15/2041		1,994		2,212
5.000%, 09/15/2039 to 04/15/2041		1,266		1,400
4.000%, 07/15/2041 to 08/15/2041		128		136
GNMA TBA
6.000%, 08/01/2033		1,600		1,754
GNMA, Ser 2010-26, CI JI, IO
5.000%, 02/16/2040		3,155		681
GNMA, Ser 2010-57, Cl Tl, IO
5.000%, 05/20/2040		1,267		280
GNMA, Ser 2010-68, Cl WA
3.000%, 12/16/2039		2,515		2,566
GNMA, Ser 2011-131, Cl PC
3.500%, 12/20/2040		912		923
GNMA, Ser 2012-126, Cl IO, IO
3.500%, 10/20/2042		3,969		651
GNMA, Ser 2012-27, IO
4.500%, 02/25/2042		4,855		584
GNMA, Ser 2012-51, Cl Gl, IO
3.500%, 07/20/2040		1,012		88
GNMA, Ser 2012-51, Cl AB
1.500%, 07/20/2040		2,038		2,023
GNMA, Ser 2012-84, CI TE
1.500%, 03/20/2042		3,616		3,521
GNMA, Ser 2013-129, CI AF
2.672%, VAR LIBOR USD 1 Month+0.400%, 10/20/2039		7,324		7,327
GNMA, Ser 2013-26, Cl IK, IO
3.000%, 02/16/2043		683		100
GNMA, Ser 2013-47, Cl IA, IO
4.000%, 03/20/2043		769		157
GNMA, Ser 2013-51, Cl IB, IO
3.500%, 03/20/2027		1,108		99
GNMA, Ser 2014-4, Cl BI, IO
4.000%, 01/20/2044		319		64
GNMA, Ser 2014-46, Cl IO, IO
5.000%, 03/16/2044		1,359		248

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
GNMA, Ser 2014-56, Cl BP
2.500%, 12/16/2039	$	3,359	$	3,397
GNMA, Ser 2015-126, Cl Gl, IO
3.500%, 02/16/2027		472		39
GNMA, Ser 2015-126, Cl HI, IO
4.000%, 12/16/2026		323		29
GNMA, Ser 2015-132, Cl El, IO
6.000%, 09/20/2045		2,471		584
GNMA, Ser 2015-165, Cl I, IO
3.500%, 07/20/2043		2,336		318
GNMA, Ser 2015-17, CI BI, IO
3.500%, 05/20/2043		305		49
GNMA, Ser 2015-185, Cl Gl, IO
3.500%, 02/20/2041		1,523		146
GNMA, Ser 2015-40, Cl PA
2.000%, 04/20/2044		6,527		6,457
GNMA, Ser 2015-53, Cl IA, IO
4.500%, 04/20/2045		1,323		293
GNMA, Ser 2015-63, Cl PB
1.750%, 09/20/2043		481		469
GNMA, Ser 2016-126, Cl Kl, IO
3.000%, 09/20/2028		1,099		86
GNMA, Ser 2016-167, Cl AI, IO
5.500%, 03/20/2039		2,700		592
GNMA, Ser 2016-23, Cl Cl, IO
3.500%, 04/20/2042		2,675		282
GNMA, Ser 2016-42, Cl El, IO
6.000%, 02/20/2046		2,037		429
GNMA, Ser 2016-49, Cl PI, IO
4.500%, 11/16/2045		3,265		590
GNMA, Ser 2016-99, Cl LI, IO
4.000%, 05/20/2029		4,719		430
GNMA, Ser 2017- 107, CIJI, IO
4.000%, 03/20/2047		2,668		420
GNMA, Ser 2017-134, Cl Bl, IO
5.000%, 09/16/2047		571		120
GNMA, Ser 2017-2, CI AI, IO
5.000%, 01/16/2047		752		170
GNMA, Ser 2017-26, Cl Kl, IO
6.000%, 09/20/2040		2,524		574
GNMA, Ser 2017-26, Cl IA, IO
5.500%, 02/16/2047		2,318		489
GNMA, Ser 2017-26, Cl IB, IO
5.500%, 02/20/2047		1,407		286
GNMA, Ser 2017-99, Cl IO, IO
4.000%, 07/20/2047		4,094		666
GNMA, Ser 2018-38, Cl AB
3.500%, 01/20/2048		6,807		7,096

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 29

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

Short-Duration Government Fund (Concluded)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
GNMA, Ser 2019-5, CI JI, IO
5.000%, 07/16/2044	$	3,066	$	569
Total Mortgage-Backed Securities (Cost $491,041) ($ Thousands)				493,186
U.S. TREASURY OBLIGATIONS — 15.6%
U.S. Treasury Inflation Protected Securities
0.875%, 01/15/2029		7,404		7,804
U.S. Treasury Notes
2.250%, 04/15/2022		62,525		63,153
2.000%, 10/31/2021		9,600		9,623
1.625%, 07/31/2020 (B)		30,005		29,874
Total U.S. Treasury Obligations (Cost $110,480) ($ Thousands)				110,454
U.S. GOVERNMENT AGENCY OBLIGATIONS — 11.5%
FHLMC
1.375%, 05/01/2020		48,663		48,404

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
FNMA
1.500%, 07/30/2020	$	32,700	$	32,524
Total U.S. Government Agency Obligations (Cost $81,293) ($ Thousands)				80,928
REPURCHASE AGREEMENTS — 11.0%
BNP Paribas 2.55%, dated 07/31/19 to be repurchased on 08/01/19, repurchased price $41,002,904 (collateralized by various GNMA, FNMA, FMAC, FCSB, and U.S. Treasury obligations, ranging in par value $100 - $10,953,300, 3.000% - 6.500%, 10/15/2021 - 06/01/2049; with total market value $41,820,087) (C)		41,000		41,000
Deutsche Bank 2.55%, dated 07/31/19 to be repurchased on 08/01/19, repurchased price $36,802,617 (collateralized by U.S. Treasury obligation, par value $37,609,400, 2.560%, 07/31/2021; with total market value $37,536,062) (C)		36,800		36,800
Total Repurchase Agreements (Cost $77,800) ($ Thousands)				77,800
Total Investments in Securities — 108.0% (Cost $760,614) ($ Thousands)			$	762,368

A list of the open futures contracts held by the Fund at July 31, 2019, is as follows:

Type of Contract	Number of Contracts Long/(Short)	Expiration     Date		Notional Amount   (Thousands)			Value         (Thousands)			Unrealized   Appreciation       (Depreciation)   (Thousands)
U.S. 10-Year Treasury Note	(775)		Sep-2019	$	(97,620	)	$	(98,752	)	$	(1,132	)
U.S. 2-Year Treasury Note	1,155		Oct-2019		247,150			247,639			489
U.S. 5-Year Treasury Note	919		Oct-2019		107,295			108,033			738
U.S. Long Treasury Bond	22		Sep-2019		3,332			3,423			91
				$	260,157		$	260,343		$	186

For the year ended July 31, 2019 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 $705,810 ($ Thousands).

(A) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

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

(C) Tri-Party Repurchase Agreement.

Cl – Class

FCSB – Federal Farm Credit Banks

FHLMC – Federal Home Loan Mortgage Corporation

FMAC – Freddie Mac

FNMA – Federal National Mortgage Association

GNMA – Government National Mortgage Association

ICE – Intercontinental Exchange

IO – Interest Only - face amount represents notional amount

LIBOR – London Interbank Offered Rate

REMIC – Real Estate Mortgage Investment Conduit

Ser – Series

TBA – To Be Announced

30 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

USD – U.S. Dollar

VAR – Variable Rate

The following is a summary of the inputs used as of July 31, 2019 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	$	–		$	493,186	$	–	$	493,186
U.S. Treasury Obligations		–			110,454		–		110,454
U.S. Government Agency Obligations		–			80,928		–		80,928
Repurchase Agreements		–			77,800		–		77,800
Total Investments in Securities	$	–		$	762,368	$	–	$	762,368
Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*
Unrealized Appreciation	$	1,318		$	–	$	–	$	1,318
Unrealized Depreciation		(1,132	)		–		–		(1,132	)
Total Other Financial Instruments	$	186		$	–	$	–	$	186

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

For the period ended July 31, 2019, there were no transfers between Level 1, Level 2 and/or Level 3 assets and liabilities.

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, 2019 31

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

GNMA Fund

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES — 95.3%
Agency Mortgage-Backed Obligations — 95.3%
FHLMC
3.650%, 04/01/2030	$	317	$	343
FHLMC REMIC, Ser 2011-3930, CI AI, IO
3.500%, 09/15/2026		70		6
FHLMC REMIC, Ser 2012-4018, Cl AI, IO
3.500%, 03/15/2027		121		9
FHLMC REMIC, Ser 2012-4032, Cl Cl, IO
3.500%, 06/15/2026		185		9
FHLMC REMIC, Ser 2012-4060, Cl TI, IO
2.500%, 12/15/2026		174		8
FHLMC REMIC, Ser 2013-4166, Cl PI, IO
3.500%, 03/15/2041		603		57
FHLMC REMIC, Ser 2013-4176, Cl KI, IO
4.000%, 03/15/2028		176		14
FHLMC REMIC, Ser 2013-4178, Cl Ml, IO
2.500%, 03/15/2028		92		6
FHLMC REMIC, Ser 2013-4182, Cl IE, IO
2.500%, 03/15/2028		82		6
FHLMC REMIC, Ser 2013-4199, Cl QI, IO
2.500%, 05/15/2028		114		8
FHLMC REMIC, Ser 2015-4484, Cl Cl, IO
4.000%, 07/15/2030		177		19
FHLMC REMIC, Ser 2016-4624, Cl BI, IO
5.500%, 04/15/2036		243		50
FHLMC REMIC, Ser 2018-4820, CI JI, IO
5.000%, 02/15/2048		149		31
FNMA
8.000%, 07/01/2025 to 09/01/2028		23		24
7.000%, 08/01/2029 to 09/01/2032		46		48
6.500%, 09/01/2032		50		56
3.660%, 07/01/2030		125		136
3.590%, 09/01/2030		210		227
3.460%, 09/01/2037		425		460
3.260%, 06/01/2027		183		193
3.230%, 02/01/2027		144		152
2.970%, 06/01/2027		193		199
FNMA REMIC, Ser 1990-91, CI G
7.000%, 08/25/2020		1		1
FNMA REMIC, Ser 1992-105, CI B
7.000%, 06/25/2022		4		4
FNMA REMIC, Ser 2012-53, Cl BI, IO
3.500%, 05/25/2027		119		10
FNMA REMIC, Ser 2012-93, Cl IL, IO
3.000%, 09/25/2027		121		9

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FNMA REMIC, Ser 2012-98, Cl BI, IO
6.000%, 01/25/2042	$	265	$	45
FNMA REMIC, Ser 2015-21, CI WI, IO
1.824%, 04/25/2055 (A)		278		16
FNMA REMIC, Ser 2016-3, CI JI, IO
3.500%, 02/25/2031		139		10
FNMA REMIC, Ser 2016-71, Cl IN, IO
3.500%, 10/25/2046		120		24
FNMA REMIC, Ser 2018-13, Cl MP
3.500%, 12/25/2057		596		626
FNMA REMIC, Ser 2018-45, CI AB
3.000%, 06/25/2048		222		225
FNMA TBA
4.500%, 09/01/2033		1,070		1,122
3.000%, 08/01/2042		380		383
FNMA, Ser 2012-410, Cl C6, IO
4.000%, 05/25/2027		214		18
GNMA
9.500%, 09/15/2020 to 10/15/2020		2		2
9.000%, 10/15/2019 to 05/15/2022		11		11
8.000%, 01/15/2022 to 03/15/2032		130		141
7.750%, 10/15/2026		18		19
7.500%, 02/15/2027 to 10/15/2035		132		149
7.250%, 01/15/2028		16		16
7.000%, 11/15/2031 to 11/15/2033		1,122		1,270
6.750%, 11/15/2027		7		8
6.500%, 10/15/2023 to 10/15/2038		361		419
6.000%, 12/15/2027 to 12/15/2040		846		949
5.500%, 01/15/2033 to 02/15/2041		1,522		1,685
5.000%, 06/15/2033 to 02/20/2049		3,261		3,558
4.500%, 08/15/2033 to 01/20/2046		3,026		3,216
4.000%, 03/20/2040 to 05/20/2049		7,005		7,398
4.000%, 01/15/2041 (B)		717		762
3.875%, 05/15/2042		988		1,035
3.500%, 03/20/2041 to 06/20/2049		12,803		13,272
3.000%, 10/15/2042 to 05/20/2046		5,436		5,567
2.500%, 07/20/2045 to 12/20/2046		1,744		1,744
GNMA REMIC, Ser 2002-45, Cl QE
6.500%, 06/20/2032		185		185
GNMA TBA
5.000%, 08/20/2038 to 08/15/2041		4,646		4,783
5.000%, 08/01/2033		590		618
4.500%, 08/01/2023 to 08/15/2039		280		271
4.000%, 09/01/2039 to 09/01/2039		990		1,028
3.000%, 08/15/2042 to 09/01/2042		2,251		2,299
GNMA, Ser 2010-26, CI JI, IO
5.000%, 02/16/2040		384		83
GNMA, Ser 2010-57, Cl Tl, IO
5.000%, 05/20/2040		333		74
GNMA, Ser 2011-131, Cl PZ
3.500%, 12/20/2040		205		213

32 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
GNMA, Ser 2012-113, Cl BZ
3.000%, 09/16/2042	$	198	$	197
GNMA, Ser 2012-126, Cl IO, IO
3.500%, 10/20/2042		517		85
GNMA, Ser 2012-140, Cl LD
1.750%, 10/20/2042		634		618
GNMA, Ser 2012-51, Cl Gl, IO
3.500%, 07/20/2040		139		12
GNMA, Ser 2012-69, Cl AI, IO
4.500%, 05/16/2027		243		20
GNMA, Ser 2012-91, Cl NC
3.000%, 05/20/2042		612		626
GNMA, Ser 2013-187, Cl PE
2.000%, 09/20/2043		224		222
GNMA, Ser 2013-26, Cl IK, IO
3.000%, 02/16/2043		82		12
GNMA, Ser 2013-47, Cl IA, IO
4.000%, 03/20/2043		107		22
GNMA, Ser 2013-99, Cl AX
3.000%, 07/20/2043		163		167
GNMA, Ser 2014-119, Cl ZK
3.500%, 08/16/2044		15		16
GNMA, Ser 2014-122, Cl IP, IO
3.500%, 08/16/2029		769		70
GNMA, Ser 2014-133, Cl EP
3.500%, 09/20/2044		251		259
GNMA, Ser 2014-144, Cl Bl, IO
3.000%, 09/16/2029		245		21
GNMA, Ser 2014-21, Cl Dl, IO
4.000%, 04/16/2026		1,207		106
GNMA, Ser 2015-165, Cl I, IO
3.500%, 07/20/2043		634		86
GNMA, Ser 2015-168, Cl Ml, IO
5.500%, 10/20/2037		655		126
GNMA, Ser 2015-17, CIBI, IO
3.500%, 05/20/2043		672		107
GNMA, Ser 2015-18, Cl IC, IO
3.500%, 02/16/2030		619		60
GNMA, Ser 2015-185, CI GI, IO
3.500%, 02/20/2041		210		20
GNMA, Ser 2015-24, Cl Cl, IO
3.500%, 02/20/2045		328		51
GNMA, Ser 2015-53, Cl IA, IO
4.500%, 04/20/2045		203		45
GNMA, Ser 2015-63, Cl PB
1.750%, 09/20/2043		50		49
GNMA, Ser 2015-84, Cl IO, IO
3.500%, 05/16/2042		483		79
GNMA, Ser 2016-126, Cl Kl, IO
3.000%, 09/20/2028		171		13
GNMA, Ser 2016-136, CI A
3.000%, 07/20/2044		760		783

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
GNMA, Ser 2016-161, Cl Gl, IO
5.000%, 11/16/2046	$	300	$	55
GNMA, Ser 2016-167, Cl AI, IO
5.500%, 03/20/2039		539		118
GNMA, Ser 2016-18, Cl TA
2.000%, 10/20/2044		610		604
GNMA, Ser 2016-23, Cl Cl, IO
3.500%, 04/20/2042		357		38
GNMA, Ser 2016-42, Cl El, IO
6.000%, 02/20/2046		275		58
GNMA, Ser 2016-99, Cl LI, IO
4.000%, 05/20/2029		752		69
GNMA, Ser 2017-107, CI JI, IO
4.000%, 03/20/2047		374		59
GNMA, Ser 2017-134, Cl Bl, IO
5.000%, 09/16/2047		257		54
GNMA, Ser 2017-182, Cl LZ
3.000%, 12/20/2047		103		96
GNMA, Ser 2017-2, CIAI, IO
5.000%, 01/16/2047		94		21
GNMA, Ser 2017-26, Cl IA, IO
5.500%, 02/16/2047		320		68
GNMA, Ser 2017-78, Cl AZ
3.000%, 05/20/2047		3		3
GNMA, Ser 2017-99, Cl I0, IO
4.000%, 07/20/2047		533		87
GNMA, Ser 2018-13, Cl DB
3.000%, 01/20/2048		484		495
GNMA, Ser 2018-77, CI JY
3.5000%, 06/20/2048		246		255
Total Mortgage-Backed Securities (Cost $60,095) ($ Thousands)				61,281
U.S. TREASURY OBLIGATION — 0.5%
U.S. Treasury Inflation Protected Securities
0.875%, 01/15/2029		330		347
Total U.S. Treasury Obligation (Cost $348) ($ Thousands)				347

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 33

SCHEDULE OF INVESTMENTS (Unaudited)

July 31, 2019

GNMA Fund (Concluded)

Description	Face Amount (Thousands)		Market Value     ($ Thousands)
REPURCHASE AGREEMENT — 19.0%
Deutsche Bank
2.560%, dated 07/31/19, to be repurchased on 08/01/19, repurchased price $12,200,868 (collateralized by U.S. Treasury obligation, par value $12,340,900, 2.000%, 10/31/2021; with total market value $12,444,070) (C)	$	12,200	$	12,200
Total Repurchase Agreement (Cost $12,200) ($ Thousands)				12,200
Total Investments in Securities — 114.8% (Cost $72,643) ($ Thousands)			$	73,828

A list of the open futures contracts held by the Fund at July 31, 2019, is as follows:

Type of Contract	Number of Contracts Long/(Short)	Expiration Date		Notional Amount (Thousands)			Value       (Thousands)			Unrealized Appreciation     (Depreciation) (Thousands)
U.S. 10-Year Treasury Note	(25)		Sep-2019	$	(3,187	)	$	(3,186	)	$	1
U.S. 2-Year Treasury Note	2		Oct-2019		430			429			(1)
U.S. 5-Year Treasury Note	29		Oct-2019		3,384			3,409			25
U.S. Long Treasury Bond	(1)		Sep-2019		(153	)		(156	)		(3)
Ultra 10-Year U.S. Treasury Note	(3)		Sep-2019		(414	)		(414	)		–
				$	60		$	82		$	22

For the year ended July 31, 2019, 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 $64,298 ($ Thousands).

(A) Variable or floating rate security, the interest rate of which adjusts periodically based on change in current interest rates and prepayments on the underlying pool of assets.

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

(C) Tri-Party Repurchase Agreement.

Cl – Class

FHLMC – Federal Home Loan Mortgage Corporation

FNMA – Federal National Mortgage Association

GNMA – Government National Mortgage Association

IO – Interest Only - face amount represents notional amount

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, 2019 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	$	–		$	61,281	$	–	$	61,281
U.S. Treasury Obligation		–			347		–		347
Repurchase Agreement		–			12,200		–		12,200
Total Investments in Securities	$	–		$	73,828	$	–	$	73,828
Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*
Unrealized Appreciation	$	26		$	–	$	–	$	26
Unrealized Depreciation		(4	)		–		–		(4	)
Total Other Financial Instruments	$	22		$	–	$	–	$	22

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

For the year ended July 31, 2019, there were no transfers between Level 1, Level 2 and/or Level 3 assets and liabilities.

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, 2019

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STATEMENTS OF ASSETS AND LIABILITIES (Unaudited) ($ Thousands)

July 31, 2019

	Government Fund
Assets:
Investments, at value†	$	3,753,719
Repurchase agreements†		3,106,000
Cash		—
Interest receivable		3,289
Receivable for investment securities sold		—
Receivable for fund shares sold		—
Tax reclaim receivable		—
Receivable for variation margin		—
Prepaid expenses		141
Total Assets		6,863,149
Liabilities:
Cash overdraft		147,491
Payable for investment securities purchased		27,019
Income distribution payable		5,983
Administration fees payable		612
Investment advisory fees payable		404
Chief Compliance Officer fees payable		13
Trustees’ fees payable		4
Shareholder servicing fees payable		—
Payable for fund shares redeemed		—
Payable for variation margin		—
Accrued expense payable		272
Total Liabilities		181,798
Net Assets		$6,681,351
† Cost of investments and repurchase agreements		$6,859,719
Net Assets:
Paid-in Capital — (unlimited authorization — no par value)		$6,681,202
Total Distributable Earnings/(loss)		149
Net Assets		$6,681,351
Net Asset Value, Offering and Redemption Price Per Share — Class F		$1.00
		($6,660,955,410 ÷  6,660,901,798 shares)
Net Asset Value, Offering and Redemption Price Per Share — Class CAA		$1.00
		($20,395,182 ÷  20,388,438 shares)
Net Asset Value, Offering and Redemption Price Per Share — Class Y		N/A

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, 2019

Government II Fund			Treasury II Fund			Ultra Short Duration Bond Fund			Short-Duration Government Fund			GNMA Fund
	$                2,130,553			$                    500,594		$	301,133		$	684,568			$                    61,628
	—			—			6,900			77,800			12,200
	5,469			4,136			483			92			789
	550			108			952			1,820			202
	—			—			—			92,718			5,194
	—			—			351			516			50
	—			—			8			—			—
	—			—			—			21			—
	32			9			3			12			1
	2,136,604			504,847			309,830			857,547			80,064
	—			—			—			—			—
	4,153			—			577			150,027			15,679
	2,594			541			107			272			15
	227			55			41			120			11
	77			20			26			55			5
	3			1			—			1			—
	1			1			—			1			—
	—			—			17			65			13
	—			—			226			833			22
	—			—			6			326			6
	62			20			16			37			15
	7,117			638			1,016			151,737			15,766
	$2,129,487			$504,209			$308,814			$705,810			$64,298
	$2,130,553			$500,594			$307,306			$760,614			$72,643
	$2,129,468			$504,172			$314,409			$721,630			$66,088
	19			37			(5,595	)		(15,820	)		(1,790	)
	$2,129,487			$504,209			$308,814			$705,810			$64,298
	$1.00			$1.00			$9.35			$10.32			$10.41
	($2,129,487,187 2,129,567,695 shares	÷  )		($504,209,099 504,320,606 shares	÷  )		($258,066,976 27,615,393 shares	÷  )		($656,788,893 63,670,471 shares	÷  )		($62,929,634 6,044,691 shares	÷  )
	N/A			N/A			N/A			N/A			N/A
	N/A			N/A			$9.35			$10.31			$10.41
							($50,746,681 ÷ 5,427,386 shares)			($49,021,602 ÷ 4,752,851 shares)			($1,368,818 ÷ 131,478 shares)

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 37

STATEMENTS OF OPERATIONS (Unaudited) ($ Thousands)

For the six months ended July 31, 2019

	Government Fund			Government II Fund
Investment Income:
Interest income	$	96,175		$	23,742
Total investment income		96,175			23,742
Expenses:
Administration fees		4,606			1,441
Shareholder servicing fees — Class F Shares		10,094			2,457
Shareholder servicing fees — Class CAA Shares		26			—
Investment advisory fees		2,827			689
Trustees’ fees		84			19
Chief Compliance Officer fees		24			6
Printing fees		253			64
Custodian/Wire agent fees		140			33
Registration fees		120			16
Pricing fees		30			6
Other expenses		253			59
Total expenses		18,457			4,790
Less, waiver of:
Investment advisory fees		—			(246	)
Administration fees		(267	)		(116	)
Shareholder servicing fees		(10,120	)		(2,457	)
Net expenses		8,070			1,971
Net Investment Income		88,105			21,771
Net Realized Gain (Loss) on/from:
Investments		141			30
Futures contracts		—			—
Net change in unrealized appreciation(depreciation) on/from:
Investments		—			—
Futures contracts		—			—
Net Increase in Net Assets Resulting from Operations	$	88,246		$	21,801

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, 2019

Treasury II Fund		Ultra Short Duration Bond Fund			Short-Duration Government Fund			GNMA Fund
	$                    6,188		$                                4,561			$                              8,229			$                       985
	6,188		4,561			8,229			985
	389		305			691			64
	648		319			803			79
	—		—			—			—
	181		152			316			29
	5		3			7			1
	2		1			2			—
	16		10			22			2
	9		5			12			1
	5		3			6			1
	2		22			48			—
	17		9			22			7
	1,274		829			1,929			184
	(65)		—			—			—
	(42)		(50	)		—			—
	(648)		(217	)		(305	)		—
	519		562			1,624			184
	5,669		3,999			6,605			801
	26		64			1,181			448
	—		(45	)		(1,772	)		(169	)
	—		1,324			5,756			1,143
	—		(2	)		1,330			44
	$                     5,695		$                                 5,340			$                             13,100			$                    2,267

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 39

STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)

For the six months ended July 31, 2019 (Unaudited) and the year ended January 31, 2019

	Government Fund
	2/1/19 - 7/31/19				2019
Operations:
Net investment Income		$	88,105			$	130,308
Net realized qain (loss) on investments			141				53
Net increase in net assets resulting from operations			88,246				130,361
Distributions:
Net investment income
Class F			(87,870	)			(129,893	)
Class CAA			(229	)			(416	)
Total distributions			(88,099	)			(130,309	)
Capital Share Transactions (All at $1.00 per share)
Class F:
Proceeds from shares issued			24,757,181				56,197,301
Reinvestment of dividends & distributions			51,287				69,715
Cost of shares redeemed			(28,216,397	)			(53,476,095	)
Net increase (decrease) from Class F Transactions			(3,407,929	)			2,790,921
Class CAA:
Proceeds from shares issued			10,786				44,873
Reinvestment of dividends & distributions			229				416
Cost of shares redeemed			(12,233	)			(55,202	)
Net decrease from Class CAA Transactions			(1,218	)			(9,913	)
Net increase (decrease) in net assets from capital shares transactions			(3,409,147	)			2,781,008
Net increase (decrease) in net assets			(3,409,000	)			2,781,060
Net Assets:
Beginning of period			10,090,351				7,309,291
End of period		$	6,681,351			$	10,090,351

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

N/A — Not applicable.

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

40 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Government II Fund				Treasury II Fund
	2/1/19 - 7/31/19		2019		2/1/19 - 7/31/19		2019
$	21,771	$	31,348	$	5,669	$	9,598
	30		(29)		26		(3)
	21,801		31,319		5,695		9,595
	(21,776)		(31,343)		(5,670)		(9,596)
	N/A		N/A		N/A		N/A
	(21,776)		(31,343)		(5,670)		(9,596)
	2,913,727		6,060,650		746,669		1,643,367
	5,951		9,854		2,268		4,071
	(2,599,055)		(6,439,402)		(839,668)		(1,606,234)
	320,623		(368,898)		(90,731)		41,204
	N/A		N/A		N/A		N/A
	N/A		N/A		N/A		N/A
	N/A		N/A		N/A		N/A
	N/A		N/A		N/A		N/A
	320,623		(368,898)		(90,731)		41,204
	320,648		(368,922)		(90,706)		41,203
	1,808,839		2,177,761		594,915		553,712
$	2,129,487	$	1,808,839	$	504,209	$	594,915

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 41

STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)

For the six months ended July 31, 2019 (Unaudited) and the year ended January 31, 2019

	Ultra Short Duration Bond Fund
	2/1/19 - 7/31/19		2019
Operations:
Net investment income	$	3,999	$	6,579
Net realized gain (loss) on investments, futures contracts, and options contracts		19		(204)
Net change in unrealized appreciation (depreciation) on investments and futures contracts		1,322		(169)
Net increase in net assets resulting from operations		5,340		6,206
Distributions:
Net investment income
Class F		(3,381)		(5,697)
Class Y		(677)		(1,106)
Total distributions		(4,058)		(6,803)
Capital share transactions:
Class F:
Proceeds from shares issued		46,227		104,875
Reinvestment of dividends & distributions		2,723		4,651
Cost of shares redeemed		(48,330)		(114,672)
Net increase (decrease) from Class F transactions		620		(5,146)
Class Y:
Proceeds from shares issued		2,578		7,750
Reinvestment of dividends & distributions		667		1,091
Cost of shares redeemed		(2,276)		(7,314)
Net increase (decrease) from Class Y transactions		969		1,527
Net Increase (Decrease) in net assets from capital share transactions		1,589		(3,619)
Net increase (decrease) in net assets		2,871		(4,216)
Net Assets:
Beginning of period		305,943		310,159
End of period	$	308,814	$	305,943
Capital Share Transactions:
Class F
Shares issued		4,954		11,275
Reinvestment of distributions		292		500
Shares redeemed		(5,179)		(12,327)
Net increase (decrease) in shares outstanding from Class F Share transactions		67		(552)
Class Y
Shares issued		276		833
Reinvestment of distributions		71		117
Shares redeemed		(244)		(786)
Net increase (decrease) in shares outstanding from Class Y Share transactions		103		164
Total increase (decrease) in shares outstanding from share transactions		170		(388)

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

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

42 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Short-Duration Government Fund					GNMA Fund
2/1/19 - 7/31/19		2019			2/1/19 - 7/31/19		2019
$	6,605	$	12,426		$	801	$	1,646
	(591)		(3,701	)		279		(469)
	7,086		1,743			1,187		269
	13,100		10,468			2,267		1,446
	(6,446)		(12,830	)		(895)		(1,924)
	(528)		(1,009	)		(20)		(3)
	(6,974)		(13,839	)		(915)		(1,927)
	92,904		178,593			9,002		21,857
	4,861		9,611			792		1,654
	(88,997)		(239,485	)		(13,600)		(33,197)
	8,768		(51,281	)		(3,806)		(9,686)
	2,942		12,419			1,004		1,260
	514		996			19		3
	(4,819)		(14,730	)		(1,006)		(19)
	(1,363)		(1,315	)		17		1,244
	7,405		(52,596	)		(3,789)		(8,442)
	13,531		(55,967	)		(2,437)		(8,923)
	692,279		748,246			66,735		75,658
$	705,810	$	692,279		$	64,298	$	66,735
	9,037		17,489			878		2,156
	472		941			77		164
	(8,661)		(23,443	)		(1,322)		(3,287)
	848		(5,013	)		(367)		(967)
	286		1,217			98		124
	50		98			2		—
	(469)		(1,443	)		(98)		(2)
	(133)		(128	)		2		122
	715		(5,141	)		(365)		(845)

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 43

FINANCIAL HIGHLIGHTS

For the six months ended July 31, 2019 (Unaudited) and the years ended January 31,

For a Share Outstanding Throughout the Year or 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			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(1)		Ratio of Expenses to Average Net Assets (Excluding Waivers)		Ratio of Net Investment Income to Average Net Assets
Government Fund
Class F
2019@	$	1.00	$	0.01	$	–	$	0.01	$	(0.01	)	$	(0.01	)	$	1.00		1.09%	$	6,660,956		0.20%		0.46%		2.18%
2019		1.00		0.02		–		0.02		(0.02)			(0.02)			1.00		1.70		10,068,739		0.20		0.46		1.72
2018		1.00		0.01		–		0.01		(0.01)			(0.01)			1.00		0.74		7,277,766		0.20		0.45		0.74
2017		1.00		–		–		–		–(2)			–(2)			1.00		0.19		7,875,681		0.20		0.56		0.21
2016		1.00		–		–		–		–(2)			–(2)			1.00		0.03		1,909,582		0.12		0.58		0.03
2015		1.00		–		–		–		–(2)			–(2)			1.00		0.02		1,788,290		0.07		0.58		0.02
Class CAA
2019@	$	1.00	$	0.01	$	–	$	0.01	$	(0.01)		$	(0.01)		$	1.00		1.09%	$	20,395		0.20%		0.46%		2.18%
2019		1.00		0.02		–		0.02		(0.02)			(0.02)			1.00		1.70		21,612		0.20		0.46		1.65
2018		1.00		0.01		–		0.01		(0.01)			(0.01)			1.00		0.74		31,525		0.20		0.45		0.74
2017		1.00		–		–		–		–(2)			–(2)			1.00		0.19		26,885		0.20		0.32		0.18
2016(3)		1.00		–		–		–		–(2)			–(2)			1.00		0.01		36,003		0.18		0.58		0.06
Government II Fund
Class F
2019@	$	1.00	$	0.01	$	–	$	0.01	$	(0.01)		$	(0.01)		$	1.00		1.10%	$	2,129,487		0.20%		0.49%		2.21%
2019		1.00		0.02		–		0.02		(0.02)			(0.02)			1.00		1.76		1,808,839		0.20		0.49		1.73
2018		1.00		0.01		–		0.01		(0.01)			(0.01)			1.00		0.76		2,177,761		0.20		0.49		0.76
2017		1.00		–		–		–		–(2)			–(2)			1.00		0.19		2,051,398		0.20		0.53		0.19
2016		1.00		–		–		–		–(2)			–(2)			1.00		0.02		1,228,378		0.11		0.53		0.02
2015		1.00		–		–		–		–(2)			–(2)			1.00		0.01		1,152,698		0.08		0.53		0.01
Treasury II Fund
Class F
2019@	$	1.00	$	0.01	$	–	$	0.01	$	(0.01)		$	(0.01)		$	1.00		1.09%	$	504,209		0.20%		0.49%		2.19%
2019		1.00		0.02		–		0.02		(0.02)			(0.02)			1.00		1.75		594,915		0.20		0.49		1.73
2018		1.00		0.01		–		0.01		(0.01)			(0.01)			1.00		0.74		553,712		0.20		0.50		0.75
2017		1.00		–		–		–		–(2)			–(2)			1.00		0.15		523,306		0.20		0.58		0.14
2016		1.00		–		–		–		–(2)			–(2)			1.00		0.01		694,987		0.08		0.58		0.02
2015		1.00		–		–		–		–(2)			–(2)			1.00		0.01		491,209		0.04		0.58		0.01

* Per share calculations were performed using average shares.

@ For the six month period ended July 31, 2019. All ratios for the period have been annualized.

^†  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.

(1) 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 and the Treasury Guarantee Program expense been excluded the ratio would have been at the expense ratio cap figure. See Note 3 for expense ratio cap figure.

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

(3) Commenced operations on November 20, 2015. All ratios for the period have been annualized.

Amounts designated as “–’’ are zero or have been rounded to zero

44 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

FINANCIAL HIGHLIGHTS

For the six months ended July 31, 2019 (Unaudited) and the years ended January 31,

For a Share Outstanding Throughout the Year or 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 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 F
2019@	$	9.31	$	0.12	$	0.04		$	0.16	$	(0.12	)	$	–		$	(0.12	)	$	9.35		1.76%	$	258,067		0.38%		0.58%		2.61%		34%
2019		9.32		0.20		–			0.20		(0.21	)		–			(0.21	)		9.31		2.13		256,372		0.38		0.59		2.15		71
2018		9.31		0.13		0.02			0.15		(0.14	)		–			(0.14	)		9.32		1.58		262,023		0.38		0.59		1.38		59
2017		9.29		0.09		0.03			0.12		(0.10	)		–			(0.10	)		9.31		1.33		264,997		0.38		0.68		0.99		89
2016		9.33		0.07		(0.03	)		0.04		(0.08	)		–			(0.08	)		9.29		0.45		197,737		0.38		0.69		0.71		115
2015		9.35		0.06		–			0.06		(0.08	)		–			(0.08	)		9.33		0.60		255,614		0.38		0.72		0.61		106
Class Y
2019@	$	9.31	$	0.12	$	0.05		$	0.17	$	(0.13	)	$	–		$	(0.13	)	$	9.35		1.80%	$	50,747		0.30%		0.33%		2.69%		34%
2019		9.33		0.21		(0.02	)		0.19		(0.21	)		–			(0.21	)		9.31		2.11		49,571		0.30		0.34		2.23		71
2018		9.32		0.14		0.01			0.15		(0.14	)		–			(0.14	)		9.33		1.67		48,136		0.30		0.34		1.46		59
2017		9.29		0.10		0.04			0.14		(0.11	)		–			(0.11	)		9.32		1.52		45,048		0.30		0.43		1.06		89
2016(1)		9.31		0.02		–			0.02		(0.04	)		–			(0.04	)		9.29		0.19		37,050		0.30		0.44		0.60		115
Short-Duration Government Fund
Class F
2019@	$	10.22	$	0.10	$	0.10		$	0.20	$	(0.10	)	$	–		$	(0.10	)	$	10.32		1.99%	$	656,789		0.48%		0.58%		1.90%		73%
2019		10.27		0.18		(0.03	)		0.15		(0.20	)		–			(0.20	)		10.22		1.48		642,331		0.48		0.58		1.75		86
2018		10.43		0.15		(0.14	)		0.01		(0.17	)		–			(0.17	)		10.27		0.13		696,751		0.48		0.59		1.42		169
2017		10.49		0.10		(0.04	)		0.06		(0.12	)		–			(0.12	)		10.43		0.54		796,540		0.48		0.67		0.91		539
2016		10.55		0.07		(0.05	)		0.02		(0.08	)		–			(0.08	)		10.49		0.22		799,269		0.48		0.69		0.64		245
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
Class Y
2019@	$	10.22	$	0.10	$	0.10		$	0.20	$	(0.11	)	$	–		$	(0.11	)	$	10.31		1.96%	$	49,021		0.33%		0.33%		2.05%		73%
2019		10.27		0.19		(0.03	)		0.16		(0.21	)		–			(0.21	)		10.22		1.63		49,948		0.33		0.33		1.91		86
2018		10.43		0.16		(0.13	)		0.03		(0.19	)		–			(0.19	)		10.27		0.27		51,495		0.34		0.34		1.56		169
2017		10.49		0.11		(0.04	)		0.07		(0.13	)		–			(0.13	)		10.43		0.64		48,808		0.38		0.43		1.02		539
2016		10.55		0.08		(0.05	)		0.03		(0.09	)		–			(0.09	)		10.49		0.32		50,825		0.38		0.44		0.74		245
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
GNMA Fund
Class F
2019@	$	10.20	$	0.13	$	0.23		$	0.36	$	(0.15	)	$	–		$	(0.15	)	$	10.41		3.51%	$	62,929		0.58%		0.58%		2.49%		84%
2019		10.24		0.25		–			0.25		(0.29	)		–			(0.29	)		10.20		2.54		65,412		0.58		0.58		2.48		134
2018		10.47		0.24		(0.18	)		0.06		(0.29	)		–			(0.29	)		10.24		0.58		75,582		0.60		0.60		2.32		204
2017		10.82		0.16		(0.16	)		0.00		(0.21	)		(0.14	)		(0.35	)		10.47		0.04		116,057		0.63		0.67		1.48		718
2016		10.93		0.15		0.02			0.17		(0.19	)		(0.09	)		(0.28	)		10.82		1.65		122,040		0.63		0.69		1.36		718
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
Class Y
2019@	$	10.20	$	0.14	$	0.22		$	0.36	$	(0.15	)	$	–		$	(0.15	)	$	10.41		3.58%	$	1,369		0.33%		0.33%		2.74%		84%
2019		10.23		0.29		–			0.29		(0.32	)		–			(0.32	)		10.20		2.88		1,323		0.32		0.32		2.84		134
2018		10.46		0.27		(0.18	)		0.09		(0.32	)		–			(0.32	)		10.23		0.82		76		0.36		0.36		2.56		204
2017		10.81		0.18		(0.15	)		0.03		(0.24	)		(0.14	)		(0.38	)		10.46		0.25		47		0.42		0.43		1.69		718
2016(3)		10.76		0.02		0.11			0.13		(0.06	)		(0.02	)		(0.08	)		10.81		1.26		69		0.43		0.45		0.80		718

* 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.

@ For the six month period ended July 31, 2019. All ratios for the period have been annualized.

(1) Commenced operations on August 25, 2015. All ratios for the period have been annualized.

(2) Commenced operations on December 31, 2014. All ratios for the period have been annualized.

(3) Commenced operations on October 30, 2015. All ratios for the period have been annualized.

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

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

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 45

NOTES TO FINANCIAL STATEMENTS (Unaudited)

July 31, 2019

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 six operational Funds: the Government, Government II, and Treasury II (each a “Fund,” collectively, the “Money Market Funds”), the Ultra Short Duration Bond, Short-Duration Government and GNMA (each a “Fund,” collectively, the “Fixed Income Funds”). The Trust is registered to offer: Class F shares of the Funds; and Class CAA shares of the Government Fund and Class Y shares of the Fixed Income 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.

The Treasury Fund liquidated all assets on June 27, 2019.

2. SIGNIFICANT ACCOUNTING POLICIES

The following are significant accounting policies, which are consistently followed in the preparation of its financial statements by the Funds. The Funds are investment companies that apply the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board (“FASB”).

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 Money Market Funds’ 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 an 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, 2019, 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

46 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

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).

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 fiscal year ended July 31, 2019, 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.

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, 2019, if applicable.

Futures Contracts — To the extent consistent with its investment objective and strategies, the Fixed Income Funds utilized futures contracts during the period ended July 31, 2019. 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.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 47

NOTES TO FINANCIAL STATEMENTS (Unaudited) (Continued)

July 31, 2019

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, 2019, 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 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, 2019.

Options Written/Purchased — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in financial options contracts to add return

48 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

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, 2019.

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 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

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 49

NOTES TO FINANCIAL STATEMENTS (Unaudited) (Continued)

July 31, 2019

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, 2019, the Funds did not own any restricted securities except for those designated as 144A on the schedules of investments.

Classes — Class-specific expenses are borne by that class of shares. Income, non-class specific expenses, and realized and unrealized gains/losses 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.

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 services may receive compensation thereof.

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 Money Market Funds’ Administrator and/or the Distributor have contractually agreed to waive fees or reimburse expenses for each Money Market Fund until May 31, 2020, in order to keep total fund operating expenses (exclusive of interest from borrowings, brokerage commissions, trustees’ fees, taxes and other extraordinary expenses not incurred in the ordinary course of the Fund’s business) from exceeding the levels specified in the table below. These contractual waivers and reimbursements will only apply if a Money Market Fund’s total operating costs exceed the applicable thresholds and will not affect the Money Market Fund’s total operating costs if they are less than the applicable thresholds. In other words, shareholders will pay the lower of a Money Market Fund’s actual total fund operating expenses or total fund operating expenses after contractual waivers and expense reimbursements. The contractual waiver and expense reimbursement are limited to the Money Market Fund’s direct operating expenses and, therefore, do not apply to indirect expenses incurred by a fund, such as acquired fund fees and expenses (“AFFE”). The agreement may be amended or terminated only with the consent of the Board of Trustees.

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 Fixed Income Funds’ Adviser, Administrator and/or Distributor are limited to the Fixed Income 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 Fixed Income 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.

50 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

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

	Advisory Fees	Shareholder Servicing Fees	Expense Limitations
Government Fund
Class F	0.07%	0.25%	0.20%(3)
Class CAA	0.07%	0.25%	0.20%(3)
Government II Fund
Class F	0.07%	0.25%	0.20%(2)
Treasury II Fund
Class F	0.07%	0.25%	0.20%(2)
Ultra Short Duration Bond Fund
Class F	0.10%(4)	0.25%	0.38%(1)
Class Y	0.10%(4)	–%	0.30%(1)
Short-Duration Government Fund
Class F	0.09%(5)	0.25%	0.48%(1)
Class Y	0.09%(5)	–%	0.38%(1)
GNMA Fund
Class F	0.09%(5)	0.25%	0.63%(1)
Class Y	0 09%(5)	–%	0 43%(1)

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

(2) Represents a contractual cap effective through May 31, 2020, to be changed only by board approval.

(3) Represents a contractual cap of .25%, effective through May 31, 2020, to be changed only by Board approval. In addition, management has voluntarily waived fees to a cap of .20% 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 and GNMA Funds. The fee is a blended percentage and is calculated based on the combined assets of these Funds.

The following is a summary of annual fees payable to the Administrator:

	Administration Fees
	First $1.5 Billion of Assets		Next $500 Million of Assets		Next $500 Million of Assets		Next $500 Million of Assets		Over $3 Billion of Assets
Government Fund		0.150%		0.1375%		0.1250%		0.1125%		0.100%
Government II Fund		0.150%		0.1375%		0.1250%		0.1125%		0.100%
Treasury II Fund		0.150%		0.1375%		0.1250%		0.1125%		0.100%
Ultra Short Duration Bond Fund		0.200%		0.1775%		0.1550%		0.1325%		0.110%
Short-Duration Government Fund		0.200%		0.1775%		0.1550%		0.1325%		0.110%
GNMA Fund		0.200%		0.1775%		0.1550%		0.1325%		0.110%

The Distributor has voluntarily waived all or a portion of the shareholder servicing fees for Class F of each fund, except for the GNMA Fund, since inception of the plan. Such waivers are voluntary and may be discontinued at any time.

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 Funds did not have any such waivers by class for the period ended July 31, 2019.

Pursuant to the “manager of managers” structure, the Board of Trustees approved BlackRock Advisors, LLC as sub-adviser to the Money Market Funds, MetLife Investment Management, LLC. serves 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

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 51

NOTES TO FINANCIAL STATEMENTS (Unaudited) (Continued)

July 31, 2019

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.

Interfund Lending — The SEC has granted an exemption that permits the Trust to participate in an inter-fund 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. Inter-fund 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 inter-fund loans is the average of the Repo Rate and the Bank Loan Rate. For the period ended July 31, 2019, 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 period ended July 31, 2019, were as follows for the Fixed Income Funds:

	U.S. Gov’t     ($ Thousands)		Other     ($ Thousands)		Total     ($ Thousands)
Ultra Short Duration Bond Fund
Purchases	$	7,226	$	58,563	$	65,789
Sales		8,115		51,948		60,063
Short-Duration Government Fund
Purchases		511,368		–		511,368
Sales		462,748		–		462,748
GNMA Fund
Purchases		53,004		–		53,004
Sales		58,571		–		58,571

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.

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.

52 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

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

		Ordinary Income     ($ Thousands)		Total     ($ Thousands)
Government Fund
	2019	$	130,309	$	130,309
	2018		56,626		56,626
Government II Fund
	2019		31,343		31,343
	2018		15,370		15,370
Treasury II Fund
	2019		9,596		9,596
	2018		4,142		4,142
Ultra Short Duration Bond Fund
	2019		6,803		6,803
	2018		4,570		4,570
Short-Duration Government Fund
	2019		13,839		13,839
	2018		13,434		13,434
GNMA Fund
	2019		1,927		1,927
	2018		2,737		2,737

As of January 31, 2019, 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)		Late Year Ordinary Losses ($ Thousands)		Unrealized Appreciation (Depreciation) ($ Thousands)			Other Temporary Differences ($ Thousands)			Total Distributable Earnings (Accumulated Losses) ($ Thousands)
Government Fund	$	18,598	$	—	$	—		$	—	$	—	$	—		$	(18,596	)	$	2
Government II Fund		3,491		—		(29	)		—		—		—			(3,468	)		(6	)
Treasury II Fund		1,089		—		(6	)		—		—		—			(1,071	)		12
Ultra Short Duration Bond Fund		699		—		(6,251	)		—		—		(629	)		(696	)		(6,877	)
Short-Duration Government Fund		1,623		—		(17,336	)		—		—		(5,207	)		(1,026	)		(21,946	)
GNMA Fund		159		—		(3,171	)		—		—		24			(154	)		(3,142	)

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, 2019, the Government Fund utilized $38,668 of capital loss carryforwards to offset capital gains.

At January 31, 2019, the following Funds had capital loss carryforwards to offset future realized capital gains:

	Short-Term Loss ($ Thousands)		Long-Term Loss ($ Thousands)		Total ($ Thousands)
Government II Fund	$	29	$	–	$	29
Treasury II Fund		6		–		6
Ultra Short Duration Bond Fund		120		6,131		6,251
Short-Duration Government Fund		4,061		13,275		17,336
GNMA Fund		2,521		650		3,171

Post October losses represent losses realized on investment transactions from November 1, 2018 through December 31, 2018 that, in accordance with Federal

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 53

NOTES TO FINANCIAL STATEMENTS (Unaudited) (Continued)

July 31, 2019

income tax regulations, the Funds may defer and treat as having arisen in the following fiscal year.

During the period ended July 31, 2019, 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, 2019, and net realized gains or losses on securities sold for the year, 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 (including foreign currency and derivatives, if applicable) held by the Fixed Income Funds at July 31, 2019, were as follows:

	Federal Tax Cost ($ Thousands)		Appreciated Securities ($ Thousands)		Depreciated Securities ($ Thousands)			Net Unrealized Appreciation (Depreciation) ($ Thousands)
Ultra Short Duration Bond Fund		$        307,306		$        1,016		$        (289	)		$        (727)
Short-Duration Government Fund		760,614		3,100		(1,346	)		1,754
GNMA Fund		72,643		1,385		(200	)		1,185

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, 2019, 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. CONCENTRATION/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.

The following is not intended to be a complete discussion of the risks associated with investing in a fund. Please review each Fund’s prospectus for additional disclosures regarding principal risks associated with investing in a fund.

Asset-Backed Securities Risk — The Ultra Short Duration Bond Fund is subject to asset-backed securities

risk, whereas payment of principal and interest on asset-backed securities is dependent largely on the cash flows generated by the assets backing the securities. Securitization trusts generally do not have any assets or sources of funds other than the receivables and related property they own, and asset-backed securities are generally not insured or guaranteed by the related sponsor or any other entity. Asset-backed securities may be more illiquid than more conventional types of fixed income securities that the Fund may acquire.

Commercial Paper Risk — The Ultra Short Duration Bond Fund is subject to commercial paper risk. Commercial paper is a short-term obligation with a maturity generally ranging from one to 270 days and is issued by U.S. or foreign companies or other entities in order to finance their current operations. Such investments are unsecured and usually discounted from their value at maturity. The value of commercial paper may be affected by changes in the credit rating or financial condition of the issuing entities and will tend to fall when interest rates rise and rise when interest rates fall. Asset-backed commercial paper may be issued by structured investment vehicles or other conduits that are organized to issue the commercial paper and to purchase trade receivables or other financial assets. The repayment of asset-backed commercial paper depends primarily on the cash collections received from such an issuer’s underlying asset portfolio and the issuer’s ability to issue new asset-backed commercial paper.

Corporate Fixed Income Risk — The Ultra Short Duration Bond Fund is subject to corporate fixed income risk. Corporate fixed income securities respond to economic developments, especially changes in interest rates, as well as to perceptions of the creditworthiness and business prospects of individual issuers.

Credit Risk — The Funds are all subject to the risk that the issuer of a security or the counterparty to a contract will default or otherwise become unable to honor a financial obligation.

Derivatives Risk — The Fixed Income Funds’ use of futures contracts and forward contracts is subject to market risk, leverage risk, correlation risk and liquidity risk. Leverage risk, liquidity risk and market risk are described below. Many over-the-counter (“OTC”) derivative instruments will not have liquidity beyond the counterparty to the instrument. Correlation risk is the risk that changes in the value of the derivative instrument may not correlate perfectly with the underlying asset, rate or index. The Fund’s use of forward contracts is also subject to credit risk and valuation risk. Valuation risk is the risk that the derivative may be difficult to value and/or valued incorrectly. Credit risk is described above. Each of these risks could cause the Fund

54 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

to lose more than the principal amount invested in a derivative instrument. Some derivatives have the potential for unlimited loss, regardless of the size of the Fund’s initial investment. The other parties to certain derivative contracts present the same types of credit risk as issuers of fixed income securities. The Fixed Income Funds’ use of derivatives may also increase the amount of taxes payable by shareholders. Both U.S. and non-U.S. regulators are in the process of adopting and implementing regulations governing derivatives markets, the ultimate impact of which remains unclear.

Duration Risk — The longer-term securities in which the Fixed Income Funds may invest tend to be more volatile than shorter-term securities. A portfolio with a longer average portfolio duration is more sensitive to changes in interest rates than a portfolio with a shorter average portfolio duration.

Extension Risk — The Funds are subject to the risk that rising interest rates may extend the duration of a fixed income security, typically reducing the security’s value.

Market Risk — The prices of the Funds’ fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments and their agencies. Generally, the Funds’ fixed income securities will decrease in value if interest rates rise and vice versa. In a low interest rate environment, risks associated with rising rates are heightened. Declines in dealer market-making capacity as a result of structural or regulatory changes could decrease liquidity and/or increase volatility in the fixed income markets. In the case of foreign securities, price fluctuations will reflect international economic and political events, as well as changes in currency valuations relative to the U.S. dollar. In response to these events, the Funds’ value may fluctuate and/or the Funds may experience increased redemptions from shareholders, which may impact the Funds’ liquidity or force the Funds to sell securities into a declining or illiquid market.

Foreign Issuer Risk — The Ultra Short Duration Bond Fund is subject to the risk that issuers in foreign countries face political and economic events unique to such countries. These events will not necessarily affect the U.S. economy or similar issuers located in the U.S.

Interest Rate Risk — The Money Market Funds’ are subject to the risk that the Fund’s yield will decline due to falling interest rates. A rise in interest rates typically causes a fall in the value of fixed income securities in which the Fund invests, while a fall in interest rates typically causes a rise in the value of such securities. During periods when interest rates are low, the Fund’s

yield will also be low, and the income generated by the Fund may not be sufficient to offset all or a significant portion of the Fund’s expenses, which could impair the Fund’s ability to provide a positive yield and maintain a stable $1.00 share price.

The Fixed Income Funds’ are subject to the risk that a rise in interest rates will cause a fall in the value of fixed income securities, including U.S. Government securities, in which the Funds invest. A low interest rate environment may present greater interest rate risk, because there may be a greater likelihood of rates increasing and rates may increase more rapidly.

Investment Style Risk — The Fixed Income Funds are subject to the risk that a Funds’ investments in certain securities in a particular market segment pursuant to its particular investment strategy may underperform other market segments or the market as a whole.

Leverage Risk — The Fixed Income Funds’ use of derivatives or investments in repurchase agreements may result in the Funds’ total investment exposure substantially exceeding the value of its portfolio securities and the Funds’ investment returns depending substantially on the performance of securities that the Funds may not directly own. The use of leverage can amplify the effects of market volatility on the Funds’ share price and may also cause the Funds to liquidate portfolio positions when it would not be advantageous to do so in order to satisfy its obligations. The Funds’ use of leverage may result in a heightened risk of investment loss.

Liquidity Risk — The Funds are subject to the risk that certain securities may be difficult or impossible to sell at the time and the price that the seller would like. The seller may have to lower the price of the security, sell other securities instead or forego an investment opportunity, any of which could have a negative effect on Fund management or performance.

Mortgage-Backed Securities Risk — The Fixed Income Funds are subject to mortgage-backed securities risk. Mortgage-backed securities are affected significantly by the rate of prepayments and modifications of the mortgage loans backing those securities, as well as by other factors such as borrower defaults, delinquencies, realized or liquidation losses and other shortfalls. Mortgage-backed securities are particularly sensitive to prepayment risk, which is described below, given that the term to maturity for mortgage loans is generally substantially longer than the expected lives of those securities; however, the timing and amount of prepayments cannot be accurately predicted. The timing of changes in the rate of prepayments of the mortgage loans may significantly affect the Fund’s actual yield to

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 55

NOTES TO FINANCIAL STATEMENTS (Unaudited) (Concluded)

July 31, 2019

maturity on any mortgage-backed securities, even if the average rate of principal payments is consistent with the Funds’ expectations. Along with prepayment risk, mortgage-backed securities are significantly affected by interest rate risk, which is described above. In a low interest rate environment, mortgage loan prepayments would generally be expected to increase due to factors such as refinancings and loan modifications at lower interest rates. In contrast, if prevailing interest rates rise, prepayments of mortgage loans would generally be expected to decline and therefore extend the weighted average lives of mortgage-backed securities held or acquired by a fund.

Opportunity Risk — The Funds are subject to the risk of missing out on an investment opportunity because the assets necessary to take advantage of it are tied up in other investments.

Prepayment Risk — The Fixed Income Funds are subject to the risk that, in a declining interest rate environment, fixed income securities with stated interest rates may have the principal paid earlier than expected, requiring the Funds to invest the proceeds at generally lower interest rates.

Portfolio Turnover Risk — Due to their investment strategies, the Short-Duration Government Fund and GNMA Fund may buy and sell securities frequently. This may result in higher transaction costs and additional capital gains tax liabilities, which may affect the Funds’ performance.

Redemption Risk — The Money Market Funds may experience periods of heavy redemptions that could cause the Funds to liquidate its assets at inopportune times or at a loss or depressed value, particularly during periods of declining or illiquid markets. This could have a significant adverse effect on the Funds’ ability to maintain a stable $1.00 share price, and, in extreme circumstances, could cause the Funds to suspend redemptions and liquidate completely.

Repurchase Agreement Risk — The Funds are subject to repurchase agreement risk. Although repurchase agreement transactions must be fully collateralized at all times, they generally create leverage and involve some counterparty risk to the Fund whereby a defaulting counterparty could delay or prevent the Funds’ recovery of collateral.

U.S. Government Securities Risk — The Funds are subject to U.S. Government securities risk. Although U.S. Government securities are considered to be among the safest investments, they are not guaranteed against price movements due to changing interest rates. Obligations issued by some U.S. Government agencies are backed by the U.S. Treasury, while others are

backed solely by the ability of the agency to borrow from the U.S. Treasury or by the agency’s own resources.

7. CONCENTRATION OF SHAREHOLDERS

SEI Private Trust Company (“SPTC”) and SIMC are subsidiaries of SEI Investments Company. As of July 31, 2019, SPTC held of record the following:

Government Fund, Cl CAA	100.00%
Government Fund, Cl F	59.81%
Government II Fund	52.17%
Treasury II Fund	71.65%
Ultra Short Duration Bond Fund, Cl F	94.52%
Ultra Short Duration Bond Fund, Cl Y	81.29%
Short-Duration Government Fund, Cl F	97.71%
Short-Duration Government Fund, Cl Y	19.35%
GNMA Fund, Cl F	79.51%
GNMA Fund, Cl Y	97.03%

SPTC is not a direct service provider to the Funds. However, SPTC performs a key role in the comprehensive investment solution that SEI provides to investors. SPTC holds the vast majority of shares in the Funds as custodian for shareholders that are clients of the advisors and financial planners. SPTC maintains accounts at SEI Institutional Transfer Agency (“SITA”), and operates in an omnibus fund account environment.

8. REGULATORY MATTERS

On August 17, 2018, the SEC adopted amendments to Regulation S-X. These changes are effective for periods after November 5, 2018. The updates to Registered Investment Companies were mainly focused on simplifying the presentation of distributable earnings by eliminating the need to present the components of distributable earnings on a book basis in the Statements of Assets and Liabilities. The update also impacted the presentation of undistributed net investment income and distribution to shareholders on the Statements of Changes in Net Assets. The amounts presented in the current Statements of Changes in Net Assets represent the aggregated total distributions of net investment income and realized capital gains, except for distributions classified as return of capital which are still presented separately.

9. NEW ACCOUNTING PRONOUNCEMENT

In August 2018, The FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820). The new guidance includes additions and modifications to disclosures requirements for fair value measurements. For public entities, the amendments are effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. At this time, management is currently evaluating the impact of this new guidance on the financial statements and disclosures.

56 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

10. SUBSEQUENT EVENTS

Management has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the financial statements were issued. Based on this evaluation, no disclosures and/or adjustments were required to the financial statements as of July 31, 2019.

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 57

DISCLOSURE OF FUND EXPENSES (Unaudited)

July 31, 2019

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 (February 1, 2019 to July 31, 2019).

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 2/1/19		Ending Account Value 7/31/19		Annualized Expense Ratios			Expenses Paid During Period *
Government Fund
Actual Fund Return
Class F		$1,000.00		$1,010.90		0.20	%		$1.00
Class CAA		1,000.00		1,010.90		0.20			1.00
Hypothetical 5% Return
Class F		$1,000.00		$1,023.80		0.20	%		$1.00
Class CAA		1,000.00		1,023.80		0.20			1.00
Government II Fund
Actual Fund Return
Class F		$1,000.00		$1,011.00		0.20	%		$1.00
Hypothetical 5% Return
Class F		$1,000.00		$1,023.80		0.20	%		$1.00

	Beginning Account Value 2/1/19		Ending Account Value 7/31/19		Annualized Expense Ratios			Expenses Paid During Period *
Treasury II Fund
Actual Fund Return
Class F		$1,000.00		$1,010.90		0.20	%		$1.00
Hypothetical 5% Return
Class F		$1,000.00		$1,023.80		0.20	%		$1.00
Ultra Short Duration Bond Fund
Actual Fund Return
Class F		$1,000.00		$1,017.60		0.38	%		$1.90
Class Y		1,000.00		1,018.00		0.30			1.50
Hypothetical 5% Return
Class F		$1,000.00		$1,022.91		0.38	%		$1.91
Class Y		1,000.00		1,023.31		0.30			1.51

58 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

	Beginning Account Value 2/1/19		Ending Account Value 7/31/19		Annualized Expense Ratios			Expenses Paid During Period *
Short-Duration Government Fund
Actual Fund Return
Class F		$1,000.00		$1,019.90		0.48	%		$2.40
Class Y		1,000.00		1,019.60		0.33			1.65
Hypothetical 5% Return
Class F		$1,000.00		$1,022.41		0.48	%		$2.41
Class Y		1,000.00		1,023.16		0.33			1.66
GNMA Fund
Actual Fund Return
Class F		$1,000.00		$1,035.10		0.58	%		$2.93
Class Y		1,000.00		1,035.80		0.33			1.67
Hypothetical 5% Return
Class F		$1,000.00		$1,021.92		0.58	%		$2.91
Class Y		1,000.00		1,023.16		0.33			1.66

* 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, 2019 59

BOARD OF TRUSTEES’ CONSIDERATIONS IN APPROVING THE ADVISORY AGREEMENT (Unaudited)

SEI Daily Income Trust (the “Trust”) and SEI Investments Management Corporation (“SIMC”) have entered into an investment advisory agreement (the “Advisory Agreement”). Pursuant to the Advisory Agreement, SIMC is responsible for the investment advisory services provided to the series of the Trust (the “Funds”). Pursuant to separate sub-advisory agreements with SIMC (the “Sub-Advisory Agreements” and, together with the Advisory Agreement, the “Investment Advisory Agreements”), and under the supervision of SIMC and the Trust’s Board of Trustees (the “Board”), the sub-advisers (each, a “Sub-Adviser” and collectively, the “Sub-Advisers”) provide security selection and certain other advisory services with respect to all or a discrete portion of the assets of the Funds. The Sub-Advisers are also responsible for managing their employees who provide services to the Funds. The Sub-Advisers are selected based primarily upon the research and recommendations of SIMC, which evaluates quantitatively and qualitatively the Sub-Advisers’ skills and investment results in managing assets for specific asset classes, investment styles and strategies. Consistent with these responsibilities, the Board calls and holds meetings each year to consider whether to approve new and/or renew existing Investment Advisory Agreements between the Trust and SIMC and SIMC and the Sub-Advisers with respect to the Funds of the Trust. In preparation for these meetings, the Board requests and reviews a wide variety of materials provided by SIMC and the Sub-Advisers, including information about SIMC’s and the Sub-Advisers’ affiliates, personnel and operations and the services provided pursuant to the Investment Advisory Agreements. The Board also receives data from third parties. This information is provided in addition to the detailed information about the Funds that the Board reviews during the course of each year, including information that relates to Fund operations and Fund performance. The Trustees also receive a memorandum from counsel regarding the responsibilities of Trustees in connection with their consideration of whether to approve the Trust’s Investment Advisory Agreements. Finally, the Independent Trustees receive advice from independent counsel to the Independent Trustees, meet in executive sessions outside the presence of Fund management and participate in question and answer sessions with representatives of SIMC and the Sub-Advisers.

The Investment Company Act of 1940, as amended (the “1940 Act”), requires that the initial approval of, as well as the continuation of, the Funds’ Investment Advisory Agreements be specifically approved: (i) by the vote of the Board or by a vote of the shareholders of the Funds; and (ii) by the vote of a majority of the Trustees who are not parties to the Investment Advisory Agreements or “interested persons” of any party (the “Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval(s). In connection with their consideration of such approval(s), the Funds’ Trustees must request and evaluate, and SIMC and the Sub-Advisers are required to furnish, such information as may be reasonably necessary to evaluate the terms of the Investment Advisory Agreements. In addition, the Securities and Exchange Commission takes the position that, as part of their fiduciary duties with respect to a mutual fund’s fees, mutual fund boards are required to evaluate the material factors applicable to a decision to approve an investment advisory agreement.

Consistent with these responsibilities, the Board calls and holds meetings each year to consider whether to approve new and/or renew existing Investment Advisory Agreements between the Trust and SIMC and SIMC and the Sub-Advisers with respect to the Funds of the Trust. In preparation for these meetings, the Board requests and reviews a wide variety of materials provided by SIMC and the Sub-Advisers, including information about SIMC’s and the Sub-Advisers’ affiliates, personnel and operations and the services provided pursuant to the Investment Advisory Agreements. The Board also receives data from third parties. This information is provided in addition to the detailed information about the Funds that the Board reviews during the course of each year, including information that relates to Fund operations and Fund performance. The Trustees also receive a memorandum from counsel regarding the responsibilities of Trustees in connection with their consideration of whether to approve the Trust’s Investment Advisory Agreements. Finally, the Independent Trustees receive advice from independent counsel to the Independent Trustees, meet in executive sessions outside the presence of Fund management and participate in question and answer sessions with representatives of SIMC and the Sub-Advisers.

Specifically, during the first half of the Trust’s fiscal year, the Board requested and received written materials from SIMC and the Sub-Advisers regarding: (i) the quality of SIMC’s and the Sub-Advisers’ investment management and other services; (ii) SIMC’s and the Sub-Advisers’ investment management personnel; (iii) SIMC’s and the Sub-Advisers’ operations and financial condition; (iv) SIMC’s and the Sub-Advisers’ brokerage practices (including any soft dollar arrangements) and investment strategies; (v) the level of the advisory fees that SIMC charges the Funds and the level of the sub-advisory fees that SIMC pays the Sub-Advisers, compared with fees each charge to comparable accounts; (vi) the advisory fees charged by SIMC and the Funds’ overall fees and operating expenses compared with peer groups of mutual funds prepared by Broadridge, an independent provider of investment company data; (vii) the level of SIMC’s and the Sub-Advisers’ profitability from their Fund-related operations; (viii) SIMC’s and the

60 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

Sub-Advisers’ compliance program, including a description of material compliance matters and material compliance violations; (ix) SIMC’s potential economies of scale; (x) SIMC’s and the Sub-Advisers’ policies on and compliance procedures for personal securities transactions; (xi) SIMC’s and the Sub-Advisers’ expertise and resources in domestic and/or international financial markets; and (xii) the Funds’ performance over various periods of time compared with peer groups of mutual funds prepared by Broadridge and the Funds’ benchmark indexes.

At the December 4-5, 2018 meeting of the Board, the Trustees approved a brief extension of the Advisory Agreement and certain Sub-Advisory Agreements (unless operating under an initial two-year term) already in effect to accommodate a revised meeting schedule. Accordingly, at the April 2-3, 2019 meeting of the Board, the Trustees, including a majority of the Independent Trustees, approved the renewal of the Advisory Agreement and certain Sub-Advisory Agreements. In each case, the Board’s decision was based on its consideration and evaluation of the factors described above, as discussed at the meeting and at prior meetings. The following discusses some, but not all, of the factors that were considered by the Board in connection with its assessment of the Investment Advisory Agreements.

Nature, Extent and Quality of Services. The Board considered the nature, extent and quality of the services provided by SIMC and the Sub-Advisers to the Funds and the resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds. In this regard, the Trustees evaluated, among other things, SIMC’s and each Sub-Adviser’s personnel, experience, track record and compliance program. Following evaluation, the Board concluded that, within the context of its full deliberations, the nature, extent and quality of services provided by SIMC and the Sub-Advisers to the Funds and the resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds were sufficient to support the renewal of the Investment Advisory Agreements. In addition to advisory services, the Board considered the nature and quality of certain administrative, transfer agency and other non-investment advisory services provided to the Funds by SIMC and/or its affiliates.

Performance. In determining whether to renew SIMC’s Advisory Agreement, the Trustees considered the Funds’ performance relative to their peer groups and appropriate indexes/benchmarks. The Trustees reviewed performance information for each Fund, noting that they receive performance reports that permit them to monitor each Fund’s performance at board meetings throughout the year. As part of this review, the Trustees considered the composition of each peer group and selection criteria. In assessing Fund performance, the Trustees considered a report compiled by Broadridge, an independent third-party that was engaged to prepare an assessment of the Funds in connection with the renewal of the Advisory Agreement (the “Broadridge Report”). The Broadridge Report included metrics on risk analysis, volatility versus total return, net total return and performance consistency for the Funds and a universe of comparable funds. Based on the materials considered and discussed at the meeting, the Trustees found Fund performance satisfactory, or, where performance was materially below the benchmark and/or peer group, the Trustees were satisfied with the reasons provided to explain such performance. In connection with the approval or renewal of Sub-Advisory Agreements, the Board considered the performance of the Sub-Adviser relative to appropriate indexes/benchmarks. Following evaluation, the Board concluded that, within the context of its full deliberations, the performance of the Funds was sufficient to support renewal of SIMC’s Advisory Agreement, and the performance of each Sub-Adviser was sufficient to support approval or renewal of the Sub-Advisory Agreement.

Fees. With respect to the Funds’ expenses under the Investment Advisory Agreements, the Trustees considered the rate of compensation called for by the Investment Advisory Agreements and the Funds’ net operating expense ratio in comparison to those of the Funds’ respective peer groups. In assessing Fund expenses, the Trustees considered the information in the Broadridge Report, which included various metrics related to fund expenses, including, but not limited to, contractual management fees at various asset levels, actual management fees (including transfer agent expenses), and actual total expenses for the Funds and a universe of comparable funds. Based on the materials considered and discussion at the meeting, the Trustees further determined that fees were either shown to be below the peer average in the comparative fee analysis, or that there was a reasonable basis for the fee level. The Trustees also considered the effects of SIMC’s and its affiliates’ waiver of management and other fees to prevent total Fund operating expenses from exceeding a specified cap and concluded that SIMC, through waivers, has maintained the Funds’ net operating expenses at competitive levels for its distribution channels. In determining the appropriateness of fees, the Board also took into consideration the impact of fees incurred indirectly by the Funds as a result of investments into underlying funds, including funds from which SIMC or its affiliates earn fees. The Board also took into consideration compensation earned from the Funds by SIMC or its affiliates for non-advisory services, such as administration, transfer agency, shareholder services or brokerage, and considered whether SIMC

SEI Daily Income Trust / Semi-Annual Report / July 31, 2019 61

BOARD OF TRUSTEES’ CONSIDERATIONS IN APPROVING THE ADVISORY AGREEMENT (Unaudited) (Concluded)

and its affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements. When considering fees paid to Sub-Advisers, the Board took into account the fact that the Sub-Advisers are compensated by SIMC and not by the Funds directly, and that such compensation with respect to any unaffiliated Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. Following evaluation, the Board concluded that, within the context of its full deliberations, the expenses of the Funds are reasonable and supported renewal of the Investment Advisory Agreements. The Board also considered whether the Sub-Advisers and their affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements.

Profitability. With regard to profitability, the Trustees considered compensation flowing to SIMC and the Sub-Advisers and their affiliates, directly or indirectly. The Trustees considered whether the levels of compensation and profitability were reasonable. As with the fee levels, when considering the profitability of the Sub-Advisers, the Board took into account the fact that compensation with respect to any unaffiliated Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. In connection with the approval or renewal of each Sub-Advisory Agreement, the Board also took into consideration the impact that the fees paid to the Sub-Adviser have on SIMC’s advisory fee margin and profitability. Based on this evaluation, the Board concluded that, within the context of its full deliberations, the profitability of each of SIMC and the Sub-Advisers is reasonable and supported renewal of the Investment Advisory Agreements.

Economies of Scale. With respect to the Advisory Agreement, the Trustees considered whether any economies of scale were being realized by SIMC and its affiliates and, if so, whether the benefits of such economies of scale were passed along to the Funds’ shareholders through a graduated investment advisory fee schedule or other means, including any fee waivers by SIMC and its affiliates. The Trustees recognized that economies of scale are difficult to identify and quantify and are rarely identifiable on a fund-by-fund basis. Based on this evaluation, the Board determined that the fees were reasonable in light of the information that was provided by SIMC with respect to economies of scale.

Based on the Trustees’ deliberation and their evaluation of the information described above, the Board, including all of the Independent Trustees, with the assistance of Fund counsel and Independent Trustees’ counsel, unanimously approved the approval or renewal, as applicable, of the Investment Advisory Agreements and concluded that the compensation under the Investment Advisory Agreements is fair and reasonable in light of such services and expenses and such other matters as the Trustees considered to be relevant in the exercise of their reasonable judgment. In the course of its deliberations, the Board did not identify any particular factor (or conclusion with respect thereto) or single piece of information that was all-important, controlling or determinative of its decision, but considered all of the factors together, and each Trustee may have attributed different weights to the various factors (and conclusions with respect thereto) and information.

62 SEI Daily Income Trust / Semi-Annual Report / July 31, 2019

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SEI DAILY INCOME TRUST SEMI-ANNUAL REPORT JULY 31, 2019

Robert A. Nesher, Chairman

Trustees

William M. Doran

George J. Sullivan, Jr.

Nina Lesavoy

James M. Williams

Mitchell A. Johnson

Hubert L. Harris, Jr.

Susan C. Cote

James B. Taylor

Officers

Robert A. Nesher

President and Chief Executive Officer

James J. Hoffmayer

Controller and Chief Financial Officer

Glenn Kurdziel

Assistant Controller

Russell Emery

Chief Compliance Officer

Timothy D. Barto

Vice President, Secretary

Aaron Buser

Vice President, Assistant Secretary

David McCann

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)

	New ways.
	New answers.®

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

SEI-F-037 (7/19)

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. 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.

There have been no material changes to the procedures by which shareholders may recommend nominees to the Registrants Board of Trustees (the “Board”). 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 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 (17 CFR 270.30a-3d(d)) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 13. 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, are filed herewith.

(b) Officer certifications as required by Rule 30a-2(b) under the 1940 Act, as amended 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 and CEO

Date: October 4, 2019

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 and CEO

Date: October 4, 2019

By:	/s/ James J. Hoffmayer
	James J. Hoffmayer,
	Controller & CFO

Date: October 4, 2019

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 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 4, 2019

/s/ Robert A. Nesher

Robert A. Nesher

President & CEO

CERTIFICATION

Pursuant to Section 302

of the Sarbanes-Oxley Act of 2002

I, James J. Hoffmayer, 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 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 4, 2019

/s/ James J. Hoffmayer

James J. Hoffmayer

Controller & CFO

EX-99.906CERT

CERTIFICATION

Pursuant to 18 U.S.C. Section 1350, As Adopted Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the President and Chief Executive Officer of SEI Daily Income Trust (the “Trust”), with respect to the Trust’s Report on Form N-CSRS for the period ended July 31, 2019 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 Report 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 the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust.

Dated: October 4, 2019

/s/ Robert A. Nesher

Robert A. Nesher

President & CEO

CERTIFICATION

Pursuant to 18 U.S.C. Section 1350, As Adopted Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the Controller & CFO of SEI Daily Income Trust (the “Trust”), with respect to the Trust’s Report on Form N-CSRS for the period ended July 31, 2019 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 Report 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 the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust.

Dated: October 4, 2019

/s/ James J. Hoffmayer

James J. Hoffmayer

Controller & CFO