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 811-05601

SEI Institutional International Trust

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

c/o CT Corporation

155 Federal Street

Boston, MA 02110

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

Date of fiscal year end: September 30, 2013

Date of reporting period: March 31, 2013

Item 1. Reports to Stockholders.

March 31, 2013

SEMI-ANNUAL REPORT

SEI Institutional International Trust

† International Equity Fund

† Emerging Markets Equity Fund

† International Fixed Income Fund

† Emerging Markets Debt Fund

TABLE OF CONTENTS

Summary Schedules of Investments	1
Statements of Assets and Liabilities	26
Statements of Operations	27
Statements of Changes in Net Assets	28
Financial Highlights	30
Notes to Financial Statements	31
Disclosure of Fund Expenses	41
Board of Trustees Considerations in Approving the Advisory and Sub-Advisory Agreements	42

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

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.

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

March 31, 2013

Description	Percentage of Net Assets (%)			Market Value ($ Thousands)
COMMON STOCK — 92.4%
Argentina — 0.0%
Other Securities		0.0	%	$	42
Australia — 3.0%
Other Securities		3.0			60,345
Austria — 0.1%
Other Securities		0.1			2,755
Belgium — 1.2%
Other Securities		1.2			23,794
Bosnia and Herzegovina — 0.1%
Other Securities		0.1			2,727
Brazil — 0.3%
Other Securities		0.3			5,201
Canada — 3.3%
Other Securities		3.3			67,171
Chile — 0.2%
Other Securities		0.2			3,965
China — 0.4%
Other Securities		0.4			8,326
Colombia — 0.1%
Other Securities		0.1			2,426
Denmark — 0.8%
Other Securities		0.8			15,772
Finland — 0.3%
Other Securities		0.3			6,530

Description	Percentage of Net Assets (%)			Shares		Market Value ($ Thousands)
France — 9.9%
Arkema		0.5	%		112,875	$	10,267
BNP Paribas		0.8			324,022		16,629
Sanofi		2.0			405,180		41,167
Schneider Electric		0.9			251,025		18,339
Other Securities		5.7					114,239
							200,641
Germany — 8.3%
Bayer		0.6			123,757		12,764
Daimler		0.6			240,659		13,092
Deutsche Boerse		0.5			163,379		9,893
Linde		0.8			87,380		16,245
Muenchener Rueckversicherungs		0.5			51,184		9,572
Siemens		0.8			154,523		16,642
Other Securities		4.5					91,042
							169,250
Greece — 0.0%
Other Securities		0.0					56
Hong Kong — 3.4%
Other Securities		3.4					68,215
India — 0.3%
Other Securities		0.3					6,638
Indonesia — 0.2%
Other Securities		0.2					4,183
Ireland — 0.8%
Other Securities		0.8					16,396
Israel — 1.1%
Check Point Software Technologies*		0.6			253,860		11,929
Other Securities		0.5					11,222
							23,151
Italy — 0.8%
Other Securities		0.8					16,834
Japan — 15.8%
Bridgestone		0.5			294,500		9,916
Fanuc		0.6			83,700		12,882
Jupiter Telecommunications*		0.6			8,833		11,587
KDDI (A)		0.5			229,400		9,429
Mabuchi Motor (A)		0.4			166,200		8,985
Nippon Telegraph & Telephone		0.5			210,800		9,191
Nippon Telegraph & Telephone ADR		0.2			164,263		3,571
Seven & I Holdings		0.6			337,700		11,173
SMC (A)		0.8			87,900		16,973

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 1

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund (Continued)

March 31, 2013

Description	Percentage of Net Assets (%)			Shares		Market Value ($ Thousands)
Sumitomo Mitsui Financial Group		0.6	%		282,700	$	11,335
Toyota Motor		0.9			349,800		18,057
Toyota Motor ADR		0.1			25,066		2,573
Other Securities		9.5					196,407
							322,079
Malta — 0.0%
Other Securities		0.0					—
Mexico — 0.0%
Other Securities		0.0					560
Netherlands — 4.6%
Akzo Nobel		0.9			298,975		18,976
Koninklijke Ahold		0.5			636,066		9,746
Reed Elsevier		0.7			843,161		14,443
Unilever		0.7			325,500		13,332
Other Securities		1.8					37,588
							94,085
New Zealand — 0.1%
Other Securities		0.1					2,201
Norway — 1.5%
DnB		0.7			961,047		14,090
Statoil		0.5			394,901		9,545
Other Securities		0.3					6,002
							29,637
Portugal — 0.1%
Other Securities		0.1					1,004
Russia — 0.7%
Sberbank of Russia ADR		0.5			752,179		9,590
Other Securities		0.2					4,633
							14,223
Singapore — 1.3%
Other Securities		1.3					26,987
South Africa — 0.3%
Other Securities		0.3					5,548
South Korea — 1.8%
Samsung Electronics		0.6			9,173		12,590
Other Securities		1.2					23,736
							36,326
Spain — 0.9%
Other Securities		0.9					18,412

Description	Percentage of Net Assets (%)			Shares		Market Value ($ Thousands)
Sweden — 2.3%
Telefonaktiebolaget LM Ericsson, Cl B		0.5	%		799,138	$	9,958
Telefonaktiebolaget LM Ericsson ADR		0.1			169,555		2,136
Other Securities		1.7					34,564
							46,658
Switzerland — 9.3%
Credit Suisse Group		0.5			382,586		10,033
Givaudan		0.8			13,281		16,303
Nestle		1.1			318,040		22,986
Novartis		1.1			326,185		23,163
Roche Holding		1.8			154,046		35,842
SGS		0.6			4,654		11,407
Sulzer		0.5			56,389		9,629
Zurich Insurance Group		0.7			48,573		13,511
Other Securities		2.2					46,579
							189,453
Taiwan — 0.1%
Other Securities		0.1					1,200
Thailand — 0.0%
Other Securities		0.0					333
Turkey — 0.1%
Other Securities		0.1					1,395
United Kingdom — 17.9%
Barclays		0.7			3,070,768		13,584
BG Group		0.8			1,003,665		17,216
BHP Billiton		0.6			401,804		11,691
British American Tobacco		0.6			236,142		12,654
Diageo		0.5			295,966		9,331
HSBC Holdings (A)		1.0			1,793,788		19,048
Petrofac		0.6			546,001		11,888
Prudential		0.5			567,068		9,176
Rio Tinto		0.6			240,567		11,276
Tesco		0.7			2,613,897		15,153
Vodafone Group		0.7			4,992,620		14,155
Other Securities		10.6					219,555
							364,727
United States — 1.0%
Other Securities		1.0					20,936
Total Common Stock (Cost $1,741,160) ($ Thousands)							1,880,182
PREFERRED STOCK — 0.6%
Brazil — 0.0%
Other Securities		0.0					1,210

2 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Shares/Face Amount (1) (Thousands)			Market Value ($ Thousands)
Germany — 0.6%
Other Securities		0.6	%				$	11,558
Total Preferred Stock (Cost $11,956) ($ Thousands)								12,768
U.S. TREASURY OBLIGATIONS — 0.3%
Other Securities		0.3						5,461
Total U.S. Treasury Obligations (Cost $5,461) ($ Thousands)								5,461
AFFILIATED PARTNERSHIP — 2.4%
SEI Liquidity Fund, L.P. 0.120%†** (B)		2.4				48,764,708		48,765
Total Affiliated Partnership (Cost $48,765) ($ Thousands)								48,765
CASH EQUIVALENT — 4.7%
SEI Daily Income Trust, Prime Obligation Fund, Cl A 0.020%†**		4.7				94,909,952		94,910
Total Cash Equivalent (Cost $94,910) ($ Thousands)								94,910
TIME DEPOSITS — 2.3%
United States — 2.3%
Brown Brothers Harriman
4.150%, 04/01/2013					ZAR	16		2
2.070%, 04/01/2013					AUD	248		258
1.450%, 04/01/2013					NZD	238		199
0.650%, 04/01/2013					NOK	717		123
0.233%, 04/01/2013					CAD	2		2
0.071%, 04/01/2013					GBP	761		1,156
0.050%, 04/01/2013					SEK	1,337		205
0.030%, 04/01/2013						38,865		38,865
0.010%, 04/01/2013					SGD	9		7
0.005%, 04/01/2013					JPY	242,955		2,580
0.005%, 04/01/2013					HKD	7,773		1,001
0.001%, 04/01/2013					CHF	1,188		1,251
(0.028)%, 04/01/2013					EUR	403		517
(0.150)%, 04/01/2013					DKK	517		89
Total Time Deposits (Cost $46,255) ($ Thousands)								46,255
Total Investments — 102.7% (Cost $1,948,507) ($ Thousands)††							$	2,088,341

A list of the open futures contracts held by the Fund at March 31, 2013, is as follows:

Type of Contract	Number of Contracts Long		Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
DJ Euro Stoxx 50 Index		1,010		Jun-2013	$	(888	)
FTSE 100 Index		305		Jun-2013		(93	)
Hang Seng Index		36		Apr-2013		27
SPI 200 Index		83		Jun-2013		(193	)
Topix Index		198		Jun-2013		776
					$	(371	)

For the six months ended March 31, 2013, 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 a Net Assets of $2,034,441 ($ Thousands).

* Non-income producing security.

** Rate shown is the 7-day effective yield as of March 31, 2013.

† Investment in Affiliated security (See Note 4).

(1) In U.S. Dollars unless otherwise indicated.

(A) This security or a partial position of this security is on loan at March 31, 2013. The total market value of securities on loan at March 31, 2013 was $42,386 ($ Thousands) (See Note 8).

(B) This security was purchased with cash collateral held from securities on loan (see Note 8). The total value of such securities as of March 31, 2013 was $48,765 ($ Thousands).

†† The Summary Schedule of Investments does not reflect the complete portfolio holdings. It includes the Fund’s 50 largest holdings and each investment of any issuer that exceeds 1% of the Fund’s net assets. “Other Securities” represent all issues not required to be disclosed under the rules adopted by the U.S. Securities and Exchange Commission (“SEC”). In certain instances, securities for which footnotes listed above may otherwise apply are included in the Other Securities caption. The complete schedule of portfolio holdings is available (i) without charge, upon request, by calling (800) 342-5734; and (ii) on the SEC’s website at http://www.sec.gov.

ADR — American Depositary Receipt

AUD — Australian Dollar

CAD — Canadian Dollar

CHF — Swiss Franc

Cl — Class

DJ — Dow Jones

DKK — Danish Krone

EUR — Euro

FTSE — Financial Times and the London Stock Exchange

GBP — British Pound Sterling

HKD — Hong Kong Dollar

JPY — Japanese Yen

L.P. — Limited Partnership

NOK — Norwegian Krone

NZD — New Zealand Dollar

SEK — Swedish Krone

SGD — Singapore Dollar

SPI — Share Price Index

ZAR — South African Rand

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 3

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund (Concluded)

March 31, 2013

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3 (1)		Total
Common Stock	$	1,879,836	$	—	$	346	$	1,880,182
Preferred Stock		12,768		—		—		12,768
U.S. Treasury Obligations		—		5,461		—		5,461
Affiliated Partnership		—		48,765		—		48,765
Cash Equivalent		94,910		—		—		94,910
Time Deposits		—		46,255		—		46,255
Total Investments in Securities	$	1,987,514	$	100,481	$	346	$	2,088,341

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts *	$	(371	)	$	—	$	—	$	(371	)

(1) A reconciliation of Level 3 instruments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets.

* Futures contracts are valued at the unrealized depreciation on the instrument.

For the six months ended March 31, 2013, there were transfers between Level 1 and Level 2 assets and liabilities. The primary reason for changes in the classifications between Levels 1 and 2 occurs when foreign equity securities are fair valued using other observable market-based inputs in place of the closing exchange price due to events occurring after the close of the exchange or market on which the investment is principally traded (see Note 2).

For the six months ended March 31, 2013, there were no transfers from Level 2 into Level 3 assets and liabilities.

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

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

4 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

Description	Percentage of Net Assets (%)			Shares		Market Value ($ Thousands)
COMMON STOCK — 89.7%
Argentina — 0.2%
Other Securities		0.2	%			$	1,808
Austria — 0.1%
Other Securities		0.1					954
Belgium — 0.2%
Other Securities		0.2					1,738
Brazil — 8.1%
Banco Bradesco ADR		0.5			263,874		4,491
Banco do Brasil		0.5			336,180		4,564
BM&FBovespa		0.4			624,984		4,216
Petroleo Brasileiro		0.1			84,822		707
Petroleo Brasileiro ADR		0.5			267,965		4,440
Totvs		0.5			227,637		4,665
Vale		0.1			61,092		1,054
Vale ADR, Cl B		0.4			239,305		4,138
Other Securities		5.1					49,915
							78,190
Canada — 1.2%
Pacific Rubiales Energy		0.7			337,634		7,124
Other Securities		0.5					4,420
							11,544
Chile — 0.7%
Other Securities		0.7					6,537
China — 11.6%
AAC Technologies Holdings		0.7			1,416,980		6,809
Agricultural Bank of China		0.6			11,362,732		5,445
Baidu ADR*		0.6			64,500		5,657
Bank of China		0.5			10,326,105		4,789
China BlueChemical		0.0			450,000		279
China Construction Bank		1.0			11,460,993		9,361

Description	Percentage of Net Assets (%)			Shares		Market Value ($ Thousands)
China Petroleum & Chemical ADR		0.2	%		14,800	$	1,730
Dongfeng Motor Group		0.0			42,000		59
Industrial & Commercial Bank of China		1.2			15,938,449		11,170
PetroChina		0.3			2,384,119		3,127
PetroChina ADR		0.4			25,653		3,382
Zhejiang Expressway*		0.0			380,000		300
Zhuzhou CSR Times Electric		0.4			1,426,400		4,043
Other Securities		5.7					56,217
							112,368
Colombia — 0.8%
Other Securities		0.8					8,182
Cyprus — 0.4%
Other Securities		0.4					4,191
Czech Republic — 0.3%
Other Securities		0.3					2,777
Guernsey — 0.0%
Other Securities		0.0					284
Hong Kong — 5.7%
China Mobile		0.9			833,645		8,828
China Mobile ADR		0.2			39,540		2,101
China State Construction International Holdings		0.5			3,338,984		4,568
China Unicom Hong Kong ADR		0.2			115,990		1,563
CNOOC		0.4			2,003,407		3,851
CNOOC ADR		0.2			10,110		1,936
Cosco International Holdings		0.0			208,805		89
Dah Chong Hong Holdings		0.0			416,300		394
Other Securities		3.3					31,483
							54,813
Hungary — 0.0%
Other Securities		0.0					332
India — 6.2%
Cairn India		0.6			1,213,006		6,081
ICICI Bank ADR		0.7			165,354		7,094
Reliance Industries GDR		0.6			197,611		5,628
Other Securities		4.3					41,288
							60,091
Indonesia — 2.8%
Bank Rakyat Indonesia Persero		0.6			5,938,951		5,348

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 5

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund (Continued)

March 31, 2013

Description	Percentage of Net Assets (%)			Shares		Market Value ($ Thousands)
Perusahaan Gas Negara Persero		0.0	%		375,000	$	230
Semen Indonesia Persero		0.2			1,267,700		2,309
Telekomunikasi Indonesia		0.4			3,715,116		4,205
Other Securities		1.6					14,480
							26,572
Ireland — 0.1%
Other Securities		0.1					965
Israel — 0.2%
Other Securities		0.2					1,882
Macau — 0.3%
Other Securities		0.3					2,852
Malaysia — 1.9%
Other Securities		1.9					17,888
Mexico — 5.9%
Genomma Lab Internacional, Cl B* (A)		0.8			3,043,958		7,443
Grupo Financiero Banorte, Cl O		0.7			799,651		6,387
Grupo Televisa ADR		0.7			245,897		6,543
Other Securities		3.7					36,541
							56,914
Netherlands — 0.5%
Yandex, Cl A*		0.5			223,600		5,170
Peru — 0.6%
Credicorp		0.5			29,900		4,965
Other Securities		0.1					331
							5,296
Philippines — 1.1%
Other Securities		1.1					10,700
Poland — 0.6%
Other Securities		0.6					5,943
Russia — 7.0%
Gazprom ADR		0.5			586,850		4,988
Gazprom Neft OAO ADR		0.0			12,745		269
Gazprom OAO		0.1			86,531		740
Lukoil ADR		0.8			122,535		7,902
Magnit GDR		0.5			109,338		4,937
Rosneft GDR		0.1			75,453		576
Rosneft Oil GDR		0.4			525,145		4,007
Sberbank of Russia ADR		1.6			1,168,762		14,928
VTB Bank GDR		0.2			683,814		2,151
Other Securities		2.8					26,964
							67,462

Description	Percentage of Net Assets (%)			Shares		Market Value ($ Thousands)
Singapore — 0.0%
Other Securities		0.0	%			$	420
South Africa — 4.8%
ABSA Group		0.0			18,939		319
MTN Group (A)		0.5			278,024		4,875
Naspers, Cl N		0.4			65,867		4,097
Standard Bank Group		0.4			308,041		3,960
Other Securities		3.5					32,963
							46,214
South Korea — 12.2%
Hyundai Motors*		0.5			24,225		4,877
KCC		0.4			15,332		4,210
Samsung Electronics		4.1			28,788		39,510
SK Telecom		0.1			4,283		695
SK Telecom ADR		0.6			308,547		5,514
Other Securities		6.5					63,351
							118,157
Spain — 0.2%
Other Securities		0.2					1,861
Taiwan — 7.0%
Hon Hai Precision Industry		0.5			1,742,753		4,855
Taiwan Semiconductor Manufacturing		0.7			2,052,790		6,899
Taiwan Semiconductor Manufacturing ADR		0.6			329,881		5,671
Other Securities		5.2					50,604
							68,029
Thailand — 3.0%
Other Securities		3.0					28,638
Turkey — 2.8%
Other Securities		2.8					27,097
United Arab Emirates — 0.2%
Other Securities		0.2					1,938
United Kingdom — 1.3%
Other Securities		1.3					12,635
United States — 1.7%
Yahoo!*		0.5			199,000		4,683
Other Securities		1.2					12,037
							16,720
Total Common Stock (Cost $762,354) ($ Thousands)							867,162

6 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Shares/ Face Amount (1) (Thousands)		Market Value ($ Thousands)
PREFERRED STOCK — 3.9%
Brazil — 3.9%
Cia Brasileira de Distribuicao Grupo Pao de Acucar, CI Preference		0.0	%		5,300	$	280
Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR		0.4			80,170		4,272
Cia de Bebidas das Americas		0.1			19,900		830
Cia de Bebidas das Americas ADR		0.5			102,509		4,339
Petroleo Brasileiro, Cl Preference		0.2			225,416		2,046
Petroleo Brasileiro ADR, Cl A		0.6			337,805		6,131
Vale, Cl A		0.2			136,314		2,241
Vale ADR, Cl B		0.6			331,546		5,480
Other Securities		1.3					12,142
Total Preferred Stock (Cost $35,187) ($ Thousands)							37,761
EXCHANGE TRADED FUNDS — 3.4%
Hong Kong — 0.1%
Other Securities		0.1					1,617
United States — 3.3%
iPath MSCI India Index ETN		0.2			31,292		1,789
iShares MSCI Emerging Markets Index Fund		2.3			524,590		22,442
iShares MSCI Taiwan Index Fund		0.8			556,244		7,420
							31,651
Total Exchange Traded Funds (Cost $34,040) ($ Thousands)							33,268
DEBENTURE BOND — 0.0%
Brazil — 0.0%
Vale, Ser 1997 0.000%, 09/30/2049 (B)		0.0			8		—
Total Debenture Bond (Cost $—) ($ Thousands)							—
AFFILIATED PARTNERSHIP — 1.7%
SEI Liquidity Fund, L.P. 0.120%†** (C)		1.7	%		16,318,819		16,319
Total Affiliated Partnership (Cost $16,319) ($ Thousands)							16,319
CASH EQUIVALENT — 0.9%
SEI Daily Income Trust, Prime Obligation Fund, Cl A 0.020%†**		0.9			8,621,860		8,622
Total Cash Equivalent (Cost $8,622) ($ Thousands)							8,622

Description		Face Amount (1) (Thousands)		Market Value ($ Thousands)
TIME DEPOSITS — 1.5%
United States — 1.5%
Brown Brothers Harriman
4.150%, 04/01/2013	ZAR		443	$	48
0.650%, 04/01/2013	NOK		—		—
0.233%, 04/01/2013	CAD		22		22
0.071%, 04/01/2013	GBP		—		—
0.050%, 04/01/2013	SEK		—		—
0.030%, 04/01/2013			14,566		14,566
0.010%, 04/01/2013	SGD		4		3
0.005%, 04/01/2013	HKD		351		45
(0.028)%, 04/01/2013	EUR		1		1
Total Time Deposits (Cost $14,685) ($ Thousands)					14,685
Total Investments — 101.1% (Cost $871,207) ($ Thousands)††				$	977,817

Percentages are based on a Net Assets of $967,091 ($ Thousands).

* Non-income producing security

** Rate shown is the 7-day effective yield as of March 31, 2013.

† Investment in Affiliated security (See Note 4).

(1) In U.S. Dollars unless otherwise indicated.

(A) This security or a partial position of this security is on loan at March 31, 2013. The total market value of securities on loan at March 31, 2013 was $15,189 ($ Thousands) (See Note 8).

(B) Variable Rate Security—The rate reported on the Summary Schedule of Investments is the rate in effect as of March 31, 2013.

(C) This security was purchased with cash collateral held from securities on loan (see Note 8). The total value of such securities as of March 31, 2013 was $16,319 ($ Thousands).

†† The Summary Schedule of Investments does not reflect the complete portfolio holdings. It includes the Fund’s 50 largest holdings and each investment of any issuer that exceeds 1% of the Fund’s net assets. “Other Securities” represent all issues not required to be disclosed under the rules adopted by the U.S. Securities and Exchange Commission (“SEC”). In certain instances, securities for which footnotes listed above may otherwise apply are included in the Other Securities caption. The complete schedule of portfolio holdings is available (i) without charge, upon request, by calling (800) 342-5734; and (ii) on the SEC’s website at http://www.sec.gov.

ADR — American Depositary Receipt

CAD — Canadian Dollar

Cl — Class

ETN — Exchange Traded Note

EUR — Euro

GBP — British Pound Sterling

GDR — Global Depositary Receipt

HKD — Hong Kong Dollar

L.P. — Limited Partnership

MSCI — Morgan Stanley Capital International

NOK — Norwegian Krone

SEK — Swedish Krone

Ser — Series

SGD — Singapore Dollar

USD — U.S. Dollar

ZAR — South African Rand

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 7

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund (Concluded)

March 31, 2013

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3 (1)		Total
Common Stock	$	866,650	$	—	$	512	$	867,162
Preferred Stock		37,761		—		—		37,761
Exchange Traded Funds		33,268		—		—		33,268
Debenture Bond		—		—		—		—
Affiliated Partnership		—		16,319		—		16,319
Cash Equivalent		8,622		—		—		8,622
Time Deposits		—		14,685		—		14,685
Total Investments in Securities	$	946,301	$	31,004	$	512	$	977,817

(1) A reconciliation of Level 3 instruments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets.

For the six months ended March 31, 2013, there were transfers between Level 1 and Level 2 assets and liabilities. The primary reason for changes in the classifications between Level 1 and Level 2 occurs when foreign equity securities are fair valued using other observable market-based inputs in place of the closing exchange price due to events occurring after the close of the exchange or market on which the investment is principally traded (See Note 2).

For the six months ended March 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

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

8 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS — 93.0%
Australia — 2.9%
Government of Australia
6.681%, 08/20/2015		0.0	%		100	$	188
6.000%, 02/15/2017		0.6			2,600		3,014
5.750%, 07/15/2022		0.2			700		865
5.500%, 01/21/2018		0.5			2,110		2,439
5.500%, 04/21/2023		0.0			160		196
4.250%, 07/21/2017		0.3			1,350		1,478
Government of Australia, Ser 124
5.750%, 05/15/2021		0.4			1,900		2,318
Government of Australia, Ser 25CI
3.281%, 09/20/2025		0.0			150		215
Other Securities		0.9					4,324
							15,037
Austria — 1.2%
Republic of Austria
3.900%, 07/15/2020		0.0			75		113
3.650%, 04/20/2022		0.1			290		436
3.200%, 02/20/2017		0.2			600		847
1.950%, 06/18/2019		0.8			3,020		4,081
Republic of Austria, Ser 97-6
6.250%, 07/15/2027		0.1			225		433
							5,910
Belgium — 3.5%
Kingdom of Belgium, Ser 44
5.000%, 03/28/2035		0.1			500		839
Kingdom of Belgium, Ser 47
3.250%, 09/28/2016		2.0			7,325		10,261
Kingdom of Belgium, Ser 49
4.000%, 03/28/2017		0.0			230		333
Kingdom of Belgium, Ser 58
3.750%, 09/28/2020		0.1			231		341
Kingdom of Belgium, Ser 65
4.250%, 09/28/2022		0.1			250		380
Kingdom of Belgium, Ser 67
3.000%, 09/28/2019		0.5			1,680		2,376

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Kingdom of Belgium, Ser 69
1.250%, 06/22/2018		0.4	%			1,650	$	2,134
Other Securities		0.3						1,197
								17,861
Brazil — 0.4%
Cosan
5.000%, 03/14/2023 (A)		0.0			USD	240		242
Raisen Energy Finance
7.000%, 02/01/2017 (A)		0.1			USD	270		307
Other Securities		0.3						1,612
								2,161
Canada — 4.9%
Government of Canada
5.750%, 06/01/2033		0.4				1,300		1,952
5.000%, 06/01/2037		0.4				1,300		1,852
4.250%, 06/01/2018		0.2				715		806
4.000%, 06/01/2041		0.1				280		359
3.500%, 06/01/2020		0.5				2,395		2,664
3.500%, 06/01/2020		0.1				710		790
2.750%, 06/01/2022		0.2				800		853
2.250%, 08/01/2014		0.4				2,000		2,000
1.500%, 03/01/2017		0.3				1,500		1,491
1.500%, 09/01/2017		0.4				1,835		1,823
Other Securities		1.9						10,545
								25,135
China — 0.1%
Baidu
2.250%, 11/28/2017		0.0			USD	200		202
Other Securities		0.1						340
								542
Colombia — 0.0%
Other Securities		0.0						124
Czech Republic — 0.2%
Other Securities		0.2						1,205
Denmark — 1.7%
DONG Energy MTN
5.750%, 04/09/2040		0.1			GBP	200		358
Kingdom of Denmark
4.500%, 11/15/2039		0.1				1,300		333
4.000%, 11/15/2017		0.4				8,915		1,791
3.125%, 03/17/2014		0.1			EUR	500		659
3.000%, 11/15/2021		0.9				21,800		4,341
Other Securities		0.1						1,110
								8,592
Finland — 1.0%
Government of Finland
4.375%, 07/04/2019		0.1				400		620
3.375%, 04/15/2020		0.6				2,080		3,075

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 9

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund (Continued)

March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Other Securities		0.3	%				$	1,330
								5,025
France — 5.2%
Caisse Francaise de Financement Local MTN
4.500%, 04/27/2015		0.1				380		525
3.750%, 05/18/2016		0.1				225		314
Electricite de France MTN
6.500%, 01/26/2019 (A)		0.1			USD	250		305
5.500%, 10/17/2041		0.0			GBP	100		166
5.375%, 12/12/2049 (B)		0.0				100		130
5.250%, 12/29/2049 (B)		0.0				120		118
4.125%, 03/25/2027		0.0				100		144
4.000%, 11/12/2025		0.0				150		216
French Treasury Note
2.500%, 01/15/2015		0.1				395		527
1.000%, 07/25/2017		0.1				235		305
0.750%, 09/25/2014		0.1				400		518
Government of France
5.000%, 10/25/2016		0.5				1,760		2,613
4.750%, 04/25/2035		0.0				60		99
4.500%, 04/25/2041		0.3				1,060		1,700
3.250%, 05/25/2045		0.1				440		568
3.000%, 10/25/2015		1.0				3,850		5,279
3.000%, 04/25/2022		0.2				555		776
1.000%, 05/25/2018		0.4				1,760		2,267
Other Securities		2.1						9,988
								26,558
Germany — 15.0%
Bilfinger
2.375%, 12/07/2019		0.0				100		133
Bundesobligation
0.500%, 10/13/2017		0.2				800		1,038
0.500%, 02/23/2018		0.2				960		1,241
Bundesobligation Inflation Linked Bond
2.250%, 04/15/2013		0.8				3,122		4,008
Bundesrepublik Deutschland
2.500%, 07/04/2044		0.0				180		245
2.250%, 09/04/2020		0.1				270		383
2.000%, 01/04/2022		0.4				1,645		2,271
1.500%, 09/04/2022		3.4				13,250		17,407
1.500%, 02/15/2023		0.1				500		654
Bundesrepublik Deutschland, Ser 00
5.500%, 01/04/2031		0.1				340		661
Bundesrepublik Deutschland, Ser 03
4.750%, 07/04/2034		0.4				1,120		2,083

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Bundesrepublik Deutschland, Ser 04
3.750%, 01/04/2015		0.1	%			200	$	273
Bundesrepublik Deutschland, Ser 07
4.250%, 07/04/2039		0.4				1,075		1,950
Bundesrepublik Deutschland, Ser 08
4.750%, 07/04/2040		0.0				25		49
Bundesschatzanweisungen
1.750%, 06/14/2013		4.2				16,450		21,156
0.250%, 03/13/2015		1.3				5,300		6,830
Deutschland Inflation Linked Bond
0.100%, 04/15/2023		0.3				966		1,319
KFW
4.750%, 08/12/2015		0.2			SEK	6,000		989
4.375%, 07/04/2018		0.3				915		1,388
4.375%, 10/11/2013		0.3				1,050		1,376
3.875%, 01/21/2019		0.2				575		859
3.375%, 08/30/2017		0.1			CHF	370		443
0.875%, 11/15/2013		0.4				1,625		2,093
Other Securities		1.5						7,542
								76,391
Indonesia — 0.1%
Other Securities		0.1						388
Ireland — 0.4%
Other Securities		0.4						1,945
Italy — 5.2%
Edison MTN
3.875%, 11/10/2017		0.2				600		845
Italy Buoni Poliennali Del Tesoro
6.500%, 11/01/2027		0.1				500		733
6.000%, 05/01/2031		0.1				500		704
5.500%, 11/01/2022		0.0				150		204
5.000%, 03/01/2022		0.4				1,500		1,995
5.000%, 09/01/2040		0.4				1,755		2,188
4.750%, 05/01/2017		1.0				3,740		5,037
4.750%, 09/01/2021		1.1				4,215		5,569
4.500%, 03/01/2019		0.1				400		529
4.250%, 02/01/2015		0.6				2,325		3,096
3.500%, 06/01/2014		0.3				1,150		1,505
3.500%, 11/01/2017		0.1				460		591
Italy Buoni Poliennali Del Tesoro Inflation Linked Bond
2.100%, 09/15/2016		0.2				736		957
Other Securities		0.6						2,664
								26,617

10 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)		Market Value ($ Thousands)
Japan — 19.3%
Government of Japan 5 Year Bond, Ser 95
0.600%, 03/20/2016		0.8	%		398,950	$	4,301
Government of Japan 5 Year Bond, Ser 108
0.100%, 12/20/2017		0.7			315,000		3,340
Government of Japan 10 Year Bond, Ser 275
1.400%, 12/20/2015		1.4			626,600		6,892
Government of Japan 10 Year Bond, Ser 288
1.700%, 09/20/2017		0.7			330,000		3,750
Government of Japan 10 Year Bond, Ser 298
1.300%, 12/20/2018		0.8			374,100		4,223
Government of Japan 10 Year Bond, Ser 301
1.500%, 06/20/2019		0.5			235,300		2,695
Government of Japan 10 Year Bond, Ser 303
1.400%, 09/20/2019		1.7			774,500		8,832
Government of Japan 10 Year Bond, Ser 308
1.300%, 06/20/2020		2.5			1,096,000		12,454
Government of Japan 10 Year Bond, Ser 313
1.300%, 03/20/2021		1.7			750,000		8,514
Government of Japan 10 Year Bond, Ser 316
1.100%, 06/20/2021		0.5			240,550		2,690
Government of Japan 10 Year Bond, Ser 318
1.000%, 09/20/2021		0.2			95,000		1,054
Government of Japan 10 Year Bond, Ser 327
0.800%, 12/20/2022		0.3			140,000		1,522
Government of Japan 20 Year Bond, Ser 48
2.500%, 12/21/2020		1.5			629,450		7,758
Government of Japan 20 Year Bond, Ser 55
2.000%, 03/21/2022		0.6			257,000		3,087
Government of Japan 20 Year Bond, Ser 99
2.100%, 12/20/2027		1.3			538,250		6,564
Government of Japan 20 Year Bond, Ser 106
2.200%, 09/20/2028		0.2			67,150		827
Government of Japan 20 Year Bond, Ser 112
2.100%, 06/20/2029		1.0			420,000		5,100

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Government of Japan 20 Year Bond, Ser 128
1.900%, 06/20/2031		0.1	%			55,000	$	643
Government of Japan 20 Year Bond, Ser 140
1.700%, 09/20/2032		0.1				34,850		391
Government of Japan 20 Year Bond, Ser 143
1.600%, 03/20/2033		0.9				426,450		4,679
Government of Japan 30 Year Bond, Ser 29
2.400%, 09/20/2038		0.3				103,250		1,307
Government of Japan 30 Year Bond, Ser 30
2.300%, 03/20/2039		0.8				323,000		4,019
Government of Japan 30 Year Bond, Ser 33
2.000%, 09/20/2040		0.4				167,000		1,964
Government of Japan 30 Year Bond, Ser 34
2.200%, 03/20/2041		0.1				30,000		367
Government of Japan 30 Year Bond, Ser 36
2.000%, 03/20/2042		0.0				10,000		117
Government of Japan 30 Year Bond, Ser 37
1.900%, 09/20/2042		0.1				40,400		463
Other Securities		0.1						746
								98,299
Jersey — 0.1%
Other Securities		0.1						433
Malaysia — 0.2%
Other Securities		0.2						950
Mexico — 1.1%
Mexican Bonos
9.000%, 06/20/2013		0.5				29,500		2,412
Mexican Bonos, Ser M10
7.750%, 12/14/2017		0.5				27,639		2,528
Other Securities		0.1						622
								5,562
Netherlands — 5.1%
ABN Amro Bank MTN
4.875%, 01/16/2019		0.1			GBP	200		343
3.750%, 07/15/2014		0.2				750		1,002
Kingdom of Netherlands
4.500%, 07/15/2017		0.1				500		746
4.250%, 07/15/2013		2.1				8,200		10,634
4.000%, 07/15/2018		0.1				185		276
4.000%, 01/15/2037		0.1				300		495

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 11

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund (Continued)

March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)		Market Value ($ Thousands)
3.500%, 07/15/2020		0.1	%		485	$	721
2.250%, 07/15/2022		1.1			3,955		5,363
1.750%, 07/15/2023		0.4			1,410		1,804
1.250%, 01/15/2018		0.3			1,300		1,707
Other Securities		0.5					3,046
							26,137
New Zealand — 0.1%
Other Securities		0.1					313
Norway — 0.9%
Other Securities		0.9					4,466
Peru — 0.1%
Other Securities		0.1					778
Poland — 0.2%
Other Securities		0.2					1,213
Portugal — 0.1%
Other Securities		0.1					548
Qatar — 0.1%
Other Securities		0.1					437
Russia — 0.4%
Other Securities		0.4					1,810
Singapore — 0.3%
Other Securities		0.3					1,570
South Africa — 0.1%
Other Securities		0.1					918
South Korea — 0.5%
Other Securities		0.5					2,474
Spain — 2.2%
Banco Santander
4.625%, 01/20/2016		0.1			300		408
Government of Spain
5.850%, 01/31/2022		0.0			110		150
5.500%, 04/30/2021		0.5			1,720		2,318
4.850%, 10/31/2020		0.2			740		961
4.750%, 07/30/2014		0.3			925		1,229
4.700%, 07/30/2041		0.2			995		1,103
4.500%, 01/31/2018		0.2			750		989
4.200%, 01/31/2037		0.0			190		198
4.000%, 04/30/2020		0.0			100		125
3.300%, 10/31/2014		0.1			475		619
Santander International Debt SAU MTN
4.625%, 03/21/2016		0.2			700		920
Other Securities		0.4					2,494
							11,514

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)				Market Value ($ Thousands)
Supra-National — 0.3%
Other Securities		0.3	%			$			1,393
Sweden — 1.2%
Other Securities		1.2							5,940
Switzerland — 0.9%
Other Securities		0.9							4,753
Thailand — 0.1%
Other Securities		0.1							554
Turkey — 0.5%
Other Securities		0.5							2,400
United Arab Emirates — 0.2%
Other Securities		0.2							789
United Kingdom — 11.6%
Abbey National Treasury Services MTN
5.500%, 06/18/2014		0.2					775		1,231
5.250%, 02/16/2029		0.2					450		832
5.125%, 04/14/2021		0.1					300		543
4.250%, 04/12/2021		0.1			EUR		350		533
3.625%, 09/08/2016		0.1			EUR		300		420
3.375%, 06/08/2015		0.1			EUR		500		678
Direct Line Insurance Group
9.250%, 04/27/2042 (B)		0.0					100		186
Eastern Power Networks MTN
6.250%, 11/12/2036		0.1					160		305
First Group PLC
5.250%, 11/29/2022		0.1					450		717
Royal Bank of Scotland
5.750%, 05/21/2014		0.2			EUR		600		811
5.125%, 01/13/2024		0.1					400		739
United Kingdom Gilt
6.000%, 12/07/2028		0.2					400		893
4.500%, 12/07/2042		0.8					2,215		4,270
4.250%, 06/07/2032		0.1					265		493
4.250%, 12/07/2049		0.0					25		46
4.250%, 12/07/2055		0.1					175		329
1.750%, 09/07/2022		0.2					750		1,139
1.000%, 09/07/2017		0.6					1,945		3,002
United Kingdom Treasury
4.750%, 09/07/2015		0.3					750		1,265
4.750%, 12/07/2030		0.5					1,240		2,444
4.750%, 12/07/2038		0.4					956		1,903
4.250%, 03/07/2036		0.2					550		1,016
4.250%, 09/07/2039		0.3					885		1,633
4.250%, 12/07/2046		0.1					385		714
4.000%, 03/07/2022		0.1					135		246
2.000%, 01/22/2016		0.2					533		848
1.750%, 01/22/2017		0.5					1,670		2,661

12 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
United Kingdom Treasury, Ser 2002
5.000%, 09/07/2014		0.2	%			550	$	893
Voyage Care Bondco
6.500%, 08/01/2018		0.0				150		232
Other Securities		5.5						27,937
								58,959
United States — 5.6%
Bank of America MTN
5.650%, 05/01/2018		0.1				350		405
Bank of America, Ser E MTN
5.125%, 09/26/2014		0.5			EUR	1,700		2,311
Other Securities		5.0						25,592
								28,308
Total Global Bonds (Cost $470,844) ($ Thousands)								474,009
MORTGAGE-BACKED SECURITIES — 2.3%
Agency Mortgage-Backed Obligation — 0.0%
Other Securities		0.0						15
Non-Agency Mortgage-Backed Obligation — 2.3%
Fosse Master Issuer, Ser 2011-1X, Cl A3
1.932%, 10/18/2054 (B)		0.1				255		392
Other Securities		2.2						11,418
								11,810
Total Mortgage-Backed Securities (Cost $11,759) ($ Thousands)								11,825
CORPORATE OBLIGATIONS — 1.6%
United States — 1.6%
Other Securities		1.6						8,085
Total Corporate Obligations (Cost $7,381) ($ Thousands)								8,085
U.S. TREASURY OBLIGATIONS — 0.5%
Other Securities		0.5						2,450
Total U.S. Treasury Obligations (Cost $2,443) ($ Thousands)								2,450
ASSET-BACKED SECURITY — 0.1%
Automotive — 0.1%
Other Securities		0.1						481
Total Asset-Backed Security (Cost $481) ($ Thousands)								481

Description	Face Amount (1) (Thousands)			Market Value ($ Thousands)
TIME DEPOSITS — 2.0%
United States — 2.0%
Brown Brothers Harriman
4.150%, 04/01/2013		ZAR	—	$	—
2.070%, 04/01/2013		AUD	20		21
1.450%, 04/01/2013		NZD	22		18
0.650%, 04/01/2013		NOK	346		59
0.233%, 04/01/2013		CAD	24		24
0.071%, 04/01/2013		GBP	68		103
0.050%, 04/01/2013		SEK	107		16
0.030%, 04/01/2013			8,353		8,353
0.010%, 04/01/2013		SGD	21		17
0.005%, 04/01/2013		JPY	9,511		101
0.005%, 04/01/2013		HKD	2		—
0.001%, 04/01/2013		CHF	—		—
(0.028)%, 04/01/2013		EUR	1,077		1,380
(0.150)%, 04/01/2013		DKK	1		—
Total Time Deposits (Cost $10,092) ($ Thousands)					10,092
Total Investments — 99.5% (Cost $503,000) ($ Thousands)††				$	506,942

A list of the open futures contracts held by the Fund at March 31, 2013, is as follows:

Type of Contract	Number of Contracts Long (Short)			Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
10-YR MINI JGB		2			Jun-2013	$	—
Australian 10-Year Bond		17			Jun-2013		26
Australian 3-Year Bond		(7	)		Jun-2013		(3	)
Canadian 10-Year Bond		3			Jun-2013		3
Euro-Bobl		60			Jun-2013		62
Euro-BTP		(1	)		Jun-2013		(1	)
Euro-Bund		33			Jun-2013		51
Euro-Buxl 30 Year Bond		(1	)		Jun-2013		(2	)
FIN FUT EUR		8			Jun-2013		13
Japanese 10-Year Bond		4			Jun-2013		22
Long Gilt 10-Year Bond		(34	)		Jun-2013		(119	)
U.S. 10-Year Treasury Note		(52	)		Jun-2013		(57	)
U.S. 2-Year Treasury Note		(59	)		Jun-2013		(2	)
U.S. 5-Year Treasury Note		(114	)		Jun-2013		(18	)
U.S. Long Treasury Bond		20			Jun-2013		3
U.S. Long Treasury Bond		(7	)		Jun-2013		(14	)
U.S. Ultra Long Treasury Bond		(4	)		Jun-2013		—
						$	(36	)

For the six months ended March 31, 2013, 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.

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 13

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund (Concluded)

March 31, 2013

A list of the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Settlement Date	Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) ($ Thousands)
04/03/2013-04/30/2013		AUD	12,806		USD	13,158	$	(151	)
04/03/2013-04/30/2013		CAD	26,056		USD	25,385		(255	)
04/03/2013-04/30/2013		DKK	36,195		USD	6,337		114
04/03/2013-04/30/2013		GBP	42,450		USD	64,296		(194	)
04/03/2013-04/30/2013		SEK	39,384		USD	6,106		63
04/03/2013-05/02/2013		EUR	177,254		USD	230,939		3,738
04/03/2013-05/03/2013		JPY	9,414,763		USD	100,378		358
04/03/2013-05/03/2013		USD	4,763		EUR	3,702		(18	)
04/08/2013-04/30/2013		MYR	1,446		USD	463		(3	)
04/10/2013		PEI	2,023		USD	782		1
04/11/2013-04/30/2013		USD	1,766		GBP	1,168		8
04/12/2013-04/30/2013		USD	3,886		MXN	49,658		129
04/12/2013-05/02/2013		USD	1,929		JPY	184,240		29
04/12/2013-06/20/2013		MXN	46,746		USD	3,634		(131	)
04/19/2013		TRY	2,899		USD	1,601		2
04/26/2013		NZD	353		USD	292		(3	)
04/26/2013		USD	730		SGD	911		5
04/26/2013-04/30/2013		CZK	23,835		USD	1,202		15
04/30/2013		CHF	1,625		USD	1,721		9
04/30/2013		KRW	2,756,744		USD	2,472		(5	)
04/30/2013		NOK	2,937		USD	502		(1	)
04/30/2013		PLN	2,145		USD	664		6
04/30/2013		SGD	1,399		USD	1,118		(11	)
04/30/2013		THB	16,305		USD	559		3
04/30/2013		USD	290		NOK	1,690		(1	)
04/30/2013		USD	659		SEK	4,280		(3	)
04/30/2013		ZAR	8,782		USD	939		(14	)
							$	3,690

A list of the counterparties for the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Counterparty	Settlement Date	Currency to Deliver ($ Thousands)	Currency to Receive ($ Thousands)		Unrealized Appreciation (Depreciation) ($ Thousands)
Bank of America	04/03/2013-04/30/2013	(3,648)		3,663	$	15
Banyan Securities	04/03/2013-04/11/2013	(123,094)		125,069		1,975
Barclays PLC	04/03/2013-04/30/2013	(10,649)		10,586		(63	)
BMO Nesbitt Burns	04/03/2013-04/10/2013	(30,704)		31,327		623
BNP Paribas	04/10/2013-04/30/2013	(9,474)		9,547		73
Brown Brothers Harriman	04/03/2013-05/03/2013	(3,476)		3,514		38
Citigroup	04/26/2013-04/30/2013	(3,854)		3,859		5
Credit Suisse First Boston	04/11/2013-04/30/2013	(3,849)		3,837		(12	)
Deutsche Bank	04/30/2013	(3,321)		3,329		8
Goldis Financial Group	04/18/2013	(1,853)		1,890		37
Goldman Sachs	04/12/2013-04/30/2013	(5,248)		5,230		(18	)
HSBC	04/11/2013-04/12/2013	(1,924)		1,928		4
JPMorgan Chase Bank	04/11/2013-04/30/2013	(79,413)		79,798		385
National Alliance Capital	04/03/2013-04/30/2013	(43,792)		43,295		(497	)
Raymond James & Associates	04/30/2013	(1,530)		1,526		(4	)
Royal Bank of Canada	04/11/2013	(358)		357		(1	)
Royal Bank of Scotland	04/11/2013-06/20/2013	(16,892)		16,652		(240	)
Societe Generale	04/03/2013	(1,148)		1,145		(3	)
Standard Bank	04/10/2013-04/12/2013	(1,580)		1,577		(3	)
Starr Securities	04/03/2013	(292)		292		—
State Street	04/03/2013-04/30/2013	(9,409)		9,511		102
UBS	04/11/2013-04/30/2013	(97,315)		98,670		1,355
Westpac Banking	04/30/2013	(20,206)		20,117		(89	)
					$	3,690

For the six months ended March 31, 2013, the total amount of all open forward foreign currency contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

14 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

A list of outstanding swap agreements held by the Fund at March 31, 2013, is as follows:

Interest Rate Swaps
Counterparty	Fund Pays	Fund Receives	Termination Date	Currency		Notional Amount (Thousands)		Net Unrealized Appreciation (Depreciation) ($ Thousands)
Citigroup	3.79%	6-Month GBP LIBOR	05/19/2019		GBP		2,500	$	(640	)
Deutsche Bank	6-Month EURIBOR Flat	1.77%	09/07/2022		EUR		5,250		171
Deutsche Bank	1.93%	6-Month EURIBOR	04/03/2019		EUR		4,200		(359	)
JPMorgan Chase Bank	6-Month JPY LIBOR	2.22%	03/26/2027		JPY		750,000		1,242
Merrill Lynch	3-Month Canadian Bankers Acceptance Rate	2.56%	04/24/2022		CAD		2,000		73
Royal Bank of Scotland	6-Month EURIBOR	3.14%	08/04/2021		EUR		1,450		290
UBS Warburg	2.66%	6-Month GBP LIBOR	09/05/2032		GBP		1,000		18
UBS Warburg	1.07%	6-Month EURIBOR FLAT	09/11/2017		EUR		2,000		(43	)
								$	752

Credit Default Swap
Counterparty	Reference Entity/Obligation	Buy/Sell Protection	(Pays)/ Receives Rate	Termination Date		Notional Amount ($ Thousands)		Net Unrealized Appreciation ($ Thousands)
JPMorgan Chase Bank	JPSW Itraxx Europe Series 19 5 Yr	BUY	1.00%		06/20/2018	$	5,000	$	18

For the six months ended March 31, 2013, the total amount of all swap 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 a Net Assets of $509,330 ($ Thousands).

(1) In local currency unless otherwise indicated.

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

(B) Variable Rate Security — The rate reported on the Summary Schedule of Investments is the rate in effect as of March 31, 2013.

†† The Summary Schedule of Investments does not reflect the complete portfolio holdings. It includes the Fund’s 50 largest holdings and each investment of any issuer that exceeds 1% of the Fund’s net assets. “Other Securities” represent all issues not required to be disclosed under the rules adopted by the U.S. Securities and Exchange Commission (“SEC”). In certain instances, securities for which footnotes listed above may otherwise apply are included in the Other Securities caption. The complete schedule of portfolio holdings is available (i) without charge, upon request, by calling (800) 342-5734; and (ii) on the SEC’s website at http://www.sec.gov.

AUD — Australian Dollar

CAD — Canadian Dollar

CHF — Swiss Franc

CZK — Czech Koruna

Cl — Class

DKK — Danish Krone

EURIBOR — Euro London Interbank Offered Rate

EUR — Euro

GBP — British Pound Sterling

HKD — Hong Kong Dollar

JPY — Japanese Yen

KRW — Korean Won

LIBOR — London Interbank Offered Rate

MTN — Medium Term Note

MXN — Mexican Peso

NOK — Norwegian Krone

NZD — New Zealand Dollar

PEI — Peruvian Inca

PLC — Public Limited Company

PLN — Polish Zlotty

SEK — Swedish Krone

SGD — Singapore Dollar

Ser — Series

THB — Thailand Bhat

TRY — Turkish Lira

USD — U.S. Dollar

ZAR — South African Rand

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3		Total
Global Bonds	$	—	$	474,009	$	—	$	474,009
Mortgage-Backed Securities		—		11,825		—		11,825
Corporate Obligations		—		8,085		—		8,085
U.S. Treasury Obligations		—		2,450		—		2,450
Asset-Backed Security		—		481		—		481
Time Deposits		—		10,092		—		10,092
Total Investments in Securities	$	—	$	506,942	$	—	$	506,942

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts *	$	(36	)		$     —	$	—		$    (36	)
Forwards Contracts*		—			3,690		—		3,690
Interest Rate Swaps *		—			752		—		752
Credit Default Swaps *		—			18		—		18
Total Other Financial Instruments	$	(36	)		$4,460	$	—		$4,424

* Futures contracts, forwards contracts and swap contracts are valued at the net unrealized appreciation/(depreciation) on the instrument.

For the six months ended March 31, 2013, there were no transfers between Level 1 and Level 2 assets and liabilities.

For the six months ended March 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

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

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 15

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
GLOBAL BONDS — 90.4%
Angola — 0.1%
Other Securities		0.1	%				$	1,284
Argentina — 0.9%
Other Securities		0.9						11,551
Azerbaijan — 0.1%
Other Securities		0.1						700
Barbados — 0.1%
Other Securities		0.1						669
Belarus — 0.2%
Other Securities		0.2						2,766
Bermuda — 0.1%
Other Securities		0.1						861
Bolivia — 0.0%
Other Securities		0.0						249
Bosnia and Herzegovina — 0.1%
Other Securities		0.1						725
Brazil — 8.3%
Banco do Brasil
6.250%, 12/31/2049 (A) (B)		0.0				322		317
3.875%, 10/10/2022		0.0				209		202
Banco Nacional de Desenvolvimento Economico e Social
6.500%, 06/10/2019 (B)		0.1				660		774
5.500%, 07/12/2020 (B)		0.0				400		451
Barclays, CLN (Federal Republic of Brazil)
10.000%, 01/01/2023		0.5			BRL	12,710		6,264
6.000%, 05/15/2015		0.3			BRL	2,710		3,267
6.000%, 05/15/2015		0.1			BRL	660		796
6.000%, 08/15/2016		0.1			BRL	500		610
6.000%, 08/15/2020		0.1			BRL	840		1,082

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Brazil Letras do Tesouro Nacional
8.572%, 01/01/2015 (C)		0.4	%		BRL	12,170	$	5,206
Brazil Notas do Tesouro Nacional, Ser B
13.199%, 05/15/2015		0.6			BRL	5,706		6,879
10.674%, 08/15/2020		0.9			BRL	8,330		10,726
Brazil Notas do Tesouro Nacional, Serie B
6.000%, 08/15/2016		0.0			BRL	332		405
6.000%, 08/15/2050		0.2			BRL	1,520		2,187
Brazil Notas do Tesouro Nacional, Serie F
10.000%, 01/01/2023		0.0			BRL	90		44
10.000%, 01/01/2021		0.1			BRL	1,932		957
Caixa Economica Federal
2.375%, 11/06/2017 (B)		0.1				1,000		971
Citigroup Funding, CLN (Federal Republic of Brazil) MTN
6.000%, 08/16/2018		0.4				5,154		5,319
Cosan
5.000%, 03/14/2023		0.0				200		201
Deutsche Bank, CLN (Nota Do Tesouro Nacional) MTN
10.000%, 01/06/2021		0.2				2,500		2,581
Federal Republic of Brazil
10.250%, 01/10/2028		0.1			BRL	2,000		1,187
10.125%, 05/15/2027		0.3				2,117		3,644
8.875%, 04/15/2024		0.1				440		674
8.500%, 01/05/2024		0.3			BRL	7,600		4,016
8.250%, 01/20/2034		0.2				1,186		1,803
7.125%, 01/20/2037		0.3				2,404		3,336
4.875%, 01/22/2021		0.1				560		650
2.625%, 01/05/2023		0.0				400		384
HSBC, CLN (Federal Republic of Brazil)
10.000%, 01/01/2017		0.3			BRL	7,800		3,910
10.000%, 01/01/2017		0.1			BRL	2,160		1,083
10.000%, 01/01/2021		0.3			BRL	6,770		3,355
10.000%, 01/01/2021		0.1			BRL	1,700		842
6.000%, 05/15/2015		0.2			BRL	1,880		2,266
6.000%, 08/15/2022		0.1			BRL	700		919
JPMorgan, CLN (Federal Republic of Brazil)
10.000%, 01/01/2017		0.8			BRL	18,700		9,374
10.000%, 01/01/2017		0.1			BRL	2,400		1,203
10.000%, 01/01/2023		0.1			BRL	1,800		887
6.000%, 05/15/2015		0.2			BRL	2,350		2,833
Samarco Mineracao
4.125%, 11/01/2022 (B)		0.0				234		228
Vale
5.625%, 09/11/2042		0.0				340		336
Other Securities		0.5						11,557
								103,726

16 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Canada — 0.0%
PTTEP Canada International Finance MTN
5.692%, 04/05/2021		0.0	%			200	$	230
Other Securities		0.0						250
								480
Chile — 1.0%
Other Securities		1.0						12,081
China — 1.4%
Tencent Holdings
4.625%, 12/12/2016		0.0				250		273
3.375%, 03/05/2018 (B)		0.0				217		226
Other Securities		1.4						16,771
								17,270
Colombia — 3.9%
Bogota Distrito Capital
9.750%, 07/26/2028		0.0			COP	530,000		420
9.750%, 07/26/2028 (B)		0.6			COP	8,820,000		6,991
Citigroup Funding, CLN (Republic of Columbia) MTN
11.000%, 07/27/2020		0.5			COP	8,830,000		6,626
Colombian TES
10.000%, 07/24/2024		0.2			COP	2,750,000		2,125
7.500%, 08/26/2026		0.1			COP	2,356,000		1,567
Ecopetrol
7.625%, 07/23/2019 (B)		0.0				220		276
Republic of Colombia
12.000%, 10/22/2015		0.0			COP	653,000		430
11.750%, 02/25/2020		0.2				1,685		2,633
10.375%, 01/28/2033		0.0				140		241
9.850%, 06/28/2027		0.2			COP	2,670,000		2,251
9.850%, 06/28/2027		0.3			COP	3,810,000		3,212
8.125%, 05/21/2024		0.2				1,348		1,940
7.750%, 04/14/2021		0.3			COP	6,001,000		4,168
7.375%, 03/18/2019		0.2				1,760		2,266
7.375%, 09/18/2037		0.5				4,477		6,402
6.125%, 01/18/2041		0.2				1,705		2,145
4.375%, 07/12/2021		0.1				450		503
4.375%, 03/21/2023		0.1			COP	1,371,000		775
2.625%, 03/15/2023		0.0				454		436
Titulos de Tesoreria
7.000%, 02/25/2015		0.1			COP	570,000		708
Other Securities		0.1						2,754
								48,869
Costa Rica — 0.0%
Other Securities		0.0						609
Croatia — 0.8%
Other Securities		0.8						9,572

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Czech Republic — 0.1%
Other Securities		0.1	%				$	1,327
Dominican Republic — 0.3%
Other Securities		0.3						3,989
Ecuador — 0.0%
Other Securities		0.0						480
Egypt — 0.1%
Other Securities		0.1						822
El Salvador — 0.4%
Other Securities		0.4						5,154
Gabon — 0.0%
Other Securities		0.0						273
Georgia — 0.1%
Other Securities		0.1						835
Ghana — 0.1%
Other Securities		0.1						845
Guatemala — 0.2%
Other Securities		0.2						2,359
Hong Kong — 0.3%
CFG Investment
9.750%, 07/30/2019		0.0				450		423
9.750%, 07/30/2019		0.1				450		422
Hengdeli Holdings
6.250%, 01/29/2018		0.1				600		614
Other Securities		0.1						2,266
								3,725
Hungary — 2.7%
Hungary Treasury Bills
5.504%, 04/17/2013 (C)		0.2				450,000		1,892
Magyar Export-Import Bank RT
5.500%, 02/12/2018 (B)		0.0				200		197
Republic of Hungary
8.000%, 02/12/2015		0.4			HUF	1,052,950		4,690
7.750%, 08/24/2015		0.6			HUF	1,630,040		7,299
7.625%, 03/29/2041		0.1				870		887
7.000%, 06/24/2022		0.2			HUF	609,000		2,677
6.750%, 02/24/2017		0.1			HUF	164,010		724
6.750%, 11/24/2017		0.3			HUF	939,900		4,165
6.500%, 06/24/2019		0.1			HUF	219,150		955
6.375%, 03/29/2021		0.1				1,734		1,786
6.250%, 01/29/2020		0.1				781		798
6.000%, 01/11/2019		0.1			EUR	982		1,270
6.000%, 11/24/2023		0.0			HUF	133,510		546

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 17

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund (Continued)

March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
5.750%, 06/11/2018		0.1	%		EUR	1,319	$	1,697
5.500%, 05/06/2014		0.0			GBP	66		102
5.375%, 02/21/2023		0.1				1,000		941
5.000%, 03/30/2016		0.0			GBP	227		339
4.125%, 02/19/2018		0.0				486		464
3.500%, 07/18/2016		0.2			EUR	1,637		2,024
								33,453
India — 0.2%
Other Securities		0.2						2,701
Indonesia — 4.6%
Deutsche Bank, CLN (Republic of Indonesia)
7.000%, 05/15/2022		0.1			IDR	4,600,000		522
Indo Energy Finance II
6.375%, 01/24/2023 (B)		0.0				200		205
6.375%, 01/24/2023		0.0				200		205
JPMorgan, CLN (Republic of Indonesia)
7.000%, 05/15/2022		1.0			IDR	107,500,000		12,198
5.625%, 05/15/2023		0.1			IDR	12,900,000		1,320
5.250%, 05/15/2018		0.2			IDR	20,000,000		2,082
Majapahit Holding
8.000%, 08/07/2019		0.1				470		579
7.875%, 06/29/2037 (B)		0.0				205		265
7.750%, 10/17/2016		0.0				370		429
7.750%, 01/20/2020 (B)		0.0				250		306
7.750%, 01/20/2020		0.0				30		37
Pertamina Persero
6.500%, 05/27/2041 (B)		0.0				380		411
6.000%, 05/03/2042 (B)		0.1				935		954
5.250%, 05/23/2021 (B)		0.1				500		535
4.875%, 05/03/2022 (B)		0.0				220		229
Perusahaan Listrik Negara
5.500%, 11/22/2021 (B)		0.0				310		336
5.250%, 10/24/2042		0.0				200		189
Republic of Indonesia
11.625%, 03/04/2019		0.1				628		911
11.625%, 03/04/2019 (B)		0.1				1,195		1,733
11.625%, 03/04/2019		0.2				1,786		2,590
11.000%, 10/15/2014		0.1			IDR	5,200,000		587
10.375%, 05/04/2014		0.0				190		208
8.500%, 10/12/2035		0.3				2,449		3,612
8.500%, 10/12/2035		0.0				101		149
8.250%, 06/15/2032		0.5			IDR	46,001,000		5,604
7.750%, 01/17/2038		0.0				100		139
7.750%, 01/17/2038		0.6				5,551		7,733
7.500%, 01/15/2016		0.0				400		458
7.000%, 05/15/2022		0.3			IDR	33,520,000		3,803
6.875%, 01/17/2018		0.1				910		1,074
6.625%, 05/15/2033		0.1			IDR	14,378,000		1,495
6.625%, 02/17/2037		0.0				110		136
6.625%, 02/17/2037		0.0				70		86
6.250%, 04/15/2017		0.1			IDR	16,000,000		1,726

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
6.125%, 05/15/2028		0.0	%		IDR	900,000	$	91
5.875%, 03/13/2020 (B)		0.1				864		998
5.875%, 03/13/2020		0.0				120		139
5.625%, 05/15/2023		0.1			IDR	9,940,000		1,017
5.250%, 01/17/2042 (D)		0.0				337		359
4.875%, 05/05/2021 (B)		0.1				850		931
Other Securities		0.1						1,290
								57,671
Iraq — 0.3%
Other Securities		0.3						4,233
Israel — 0.1%
Other Securities		0.1						1,435
Ivory Coast — 0.3%
Ivory Coast
7.100%, 12/31/2032		0.3				3,413		3,157
Jamaica — 0.2%
Other Securities		0.2						2,404
Kazakhstan — 1.4%
Other Securities		1.4						17,628
Kuwait — 0.1%
Other Securities		0.1						1,152
Latvia — 0.1%
Other Securities		0.1						769
Lithuania — 1.1%
Republic of Lithuania
7.375%, 02/11/2020		0.0				290		365
7.375%, 02/11/2020 (B)		0.1				800		1,006
6.625%, 02/01/2022		0.1				1,000		1,225
6.625%, 02/01/2022 (B)		0.1				1,000		1,225
6.125%, 03/09/2021		0.5				5,297		6,277
6.125%, 03/09/2021 (B)		0.2				1,424		1,687
5.125%, 09/14/2017 (B)		0.0				310		343
5.125%, 09/14/2017		0.0				100		111
4.850%, 02/07/2018		0.1			EUR	650		919
								13,158
Malaysia — 5.0%
Malaysia Government Bond
4.392%, 04/15/2026		0.2			MYR	8,100		2,825
4.262%, 09/15/2016		0.7			MYR	27,630		9,271
4.160%, 07/15/2021		0.4			MYR	13,410		4,529
4.012%, 09/15/2017		0.8			MYR	28,210		9,431
3.892%, 03/15/2027		0.1			MYR	5,628		1,864
3.580%, 09/28/2018		0.2			MYR	6,750		2,214
3.492%, 03/31/2020		0.2			MYR	5,753		1,867
3.418%, 08/15/2022		0.2			MYR	8,159		2,626

18 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
3.314%, 10/31/2017		0.1	%		MYR	4,270	$	1,387
3.260%, 03/01/2018		0.5			MYR	19,200		6,214
3.197%, 10/15/2015		0.9			MYR	32,680		10,596
3.172%, 07/15/2016		0.1			MYR	5,740		1,861
Petroliam Nasional
7.625%, 10/15/2026		0.0				106		151
Petronas Capital
7.875%, 05/22/2022		0.3				2,452		3,411
5.250%, 08/12/2019 (B)		0.0				100		116
5.250%, 08/12/2019		0.3				2,790		3,245
Wakala Global Sukuk
4.646%, 07/06/2021 (B)		0.0				390		438
Other Securities		0.0						283
								62,329
Mexico — 9.3%
Comision Federal de Electricidad
5.750%, 02/14/2042 (B)		0.0				500		545
4.875%, 05/26/2021 (B)		0.0				400		445
Mexican Bonos MTN
8.000%, 06/11/2020		0.0			MXN	2,514		243
7.750%, 11/13/2042		0.1			MXN	10,300		1,050
7.500%, 06/03/2027		0.7			MXN	94,497		9,266
7.000%, 06/19/2014		0.1			MXN	9,182		768
6.500%, 06/09/2022		0.8			MXN	108,745		9,797
6.250%, 06/16/2016		0.1			MXN	19,580		1,668
6.000%, 06/18/2015		0.3			MXN	45,230		3,794
5.000%, 06/15/2017		0.2			MXN	23,456		1,926
4.750%, 03/08/2044		0.2				1,864		1,934
3.625%, 03/15/2022		0.0				340		361
Mexican Bonos, Ser M
6.500%, 06/10/2021		0.4			MXN	60,554		5,431
Mexican Bonos, Ser M10
8.500%, 12/13/2018		0.1			MXN	10,450		1,004
8.000%, 12/17/2015		0.1			MXN	10,027		886
7.750%, 12/14/2017		0.2			MXN	21,317		1,950
7.250%, 12/15/2016		0.1			MXN	12,500		1,104
Mexican Bonos, Ser M20
8.500%, 05/31/2029		0.4			MXN	40,820		4,347
8.000%, 12/07/2023		0.4			MXN	52,280		5,279
7.750%, 05/29/2031		0.5			MXN	60,935		6,091
Mexican Bonos, Ser M30
10.000%, 11/20/2036		0.3			MXN	32,300		4,003
8.500%, 11/18/2038		0.3			MXN	35,401		3,867
Mexican Udibonos
5.000%, 06/16/2016		0.1			MXN	2,380		1,073
4.000%, 11/15/2040		0.1			MXN	2,940		1,603
2.500%, 12/10/2020		0.8			MXN	21,110		9,298
2.000%, 06/09/2022		0.1			MXN	1,918		811
Mexichem
6.750%, 09/19/2042 (B)		0.0				400		444
4.875%, 09/19/2022 (B)		0.0				200		212
Mexico Cetes
4.460%, 06/27/2013 (C)		0.1			MXN	179,756		1,440

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)		Market Value ($ Thousands)
Pemex Finance
9.150%, 11/15/2018		0.2	%		1,595	$	1,969
Pemex Project Funding Master Trust
6.625%, 06/15/2035		0.1			1,244		1,490
5.750%, 03/01/2018		0.1			1,285		1,476
Petroleos Mexicanos
8.000%, 05/03/2019		0.0			408		522
6.500%, 06/02/2041		0.1			677		797
6.000%, 03/05/2020 (B)		0.0			60		71
6.000%, 03/05/2020		0.0			180		212
5.500%, 06/27/2044 (B)		0.0			150		155
5.500%, 06/27/2044		0.0			70		72
3.500%, 01/30/2023 (B)		0.0			185		185
United Mexican States MTN
8.300%, 08/15/2031		0.2			1,670		2,534
6.050%, 01/11/2040		0.2			1,502		1,866
5.950%, 03/19/2019		0.0			370		448
5.750%, 10/12/2110		0.7			7,572		8,306
5.625%, 01/15/2017		0.0			462		531
5.125%, 01/15/2020		0.1			550		644
United Mexican States, Ser A MTN
6.750%, 09/27/2034		0.1			746		992
Other Securities		1.0					12,550
							115,460
Mongolia — 0.1%
Other Securities		0.1					951
Morocco — 0.2%
Other Securities		0.2					1,998
Nigeria — 1.3%
Other Securities		1.3					16,566
Pakistan — 0.1%
Other Securities		0.1					1,052
Panama — 1.0%
ENA Norte Trust
4.950%, 04/25/2023		0.0			248		256
Other Securities		1.0					12,719
							12,975
Paraguay — 0.1%
Other Securities		0.1					935
Peru — 1.2%
Azucarera del Peru
6.375%, 08/02/2022		0.0			121		127
El Fondo MIVIVIENDA
3.500%, 01/31/2023 (B)		0.0			250		242

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 19

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund (Continued)

March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Republic of Peru
9.910%, 05/05/2015		0.0	%		PEI	675	$	306
8.750%, 11/21/2033		0.4				2,839		4,642
8.600%, 08/12/2017		0.1			PEI	2,110		1,017
8.375%, 05/03/2016		0.1				350		426
8.200%, 08/12/2026		0.1			PEI	1,350		728
7.840%, 08/12/2020		0.1			PEI	2,820		1,372
7.350%, 07/21/2025		0.2				1,580		2,230
7.125%, 03/30/2019		0.0				120		154
6.950%, 08/12/2031		0.1			PEI	1,400		673
Other Securities		0.1						3,041
								14,958
Philippines — 1.6%
Development Bank of Philippines
5.500%, 03/25/2021		0.0				330		371
Republic of Philippines
10.625%, 03/16/2025		0.2				1,270		2,131
9.500%, 02/02/2030		0.2				1,237		2,027
8.375%, 06/17/2019		0.0				320		431
7.750%, 01/14/2031		0.6				4,918		7,113
6.375%, 10/23/2034		0.1				530		694
6.250%, 01/14/2036		0.1			PHP	50,000		1,628
5.500%, 03/30/2026		0.0				540		660
4.000%, 01/15/2021		0.1				1,216		1,344
3.900%, 11/26/2022		0.1			PHP	45,000		1,202
Other Securities		0.2						2,836
								20,437
Poland — 6.1%
Republic of Poland
6.375%, 07/15/2019		0.7				6,654		8,175
6.250%, 10/24/2015		0.1			PLN	3,080		1,015
5.750%, 04/25/2014		0.0			PLN	980		309
5.750%, 04/25/2029		0.1			PLN	3,280		1,195
5.125%, 04/21/2021		0.1				1,000		1,155
5.000%, 10/24/2013		0.1			PLN	2,800		868
5.000%, 03/23/2022		0.3				3,438		3,928
4.750%, 04/25/2017		0.5			PLN	19,646		6,348
4.000%, 03/23/2021		0.1			EUR	736		1,073
4.000%, 10/25/2023		0.4			PLN	15,770		4,866
3.000%, 08/24/2016		0.7			PLN	29,220		9,361
3.000%, 03/17/2023		0.1				811		785
2.750%, 08/25/2023		0.2			PLN	6,040		2,010
0.479%, 07/25/2014 (C)		0.3			PLN	12,540		3,698
Republic of Poland, Ser 0114
3.767%, 01/25/2014 (C)		0.6			PLN	26,070		7,802
Republic of Poland, Ser 0415
5.500%, 04/25/2015		0.5			PLN	19,600		6,288
Republic of Poland, Ser 0922
5.750%, 09/23/2022		0.6			PLN	21,735		7,630
Republic of Poland, Ser 1017
5.250%, 10/25/2017		0.1			PLN	5,015		1,660

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Republic of Poland, Ser 1019
5.500%, 10/25/2019		0.2	%		PLN	7,500	$	2,559
Republic of Poland, Ser 1021
5.750%, 10/25/2021		0.2			PLN	7,652		2,678
Other Securities		0.2						2,852
								76,255
Qatar — 0.5%
Other Securities		0.5						6,267
Romania — 0.8%
Other Securities		0.8						9,696
Russia — 10.2%
Gazprom Neft OAO Via GPN Capital
4.375%, 09/19/2022 (B)		0.1				550		542
4.375%, 09/19/2022		0.1				970		957
Gazprom OAO Via Gaz Capital
9.250%, 04/23/2019		0.1				900		1,161
6.510%, 03/07/2022		0.0				300		346
4.950%, 02/06/2028		0.0				250		246
4.950%, 07/19/2022 (B)		0.1				877		920
4.950%, 02/06/2028 (B)		0.1				793		781
Rosneft Oil via Rosneft International Finance
4.199%, 03/06/2022		0.0				500		496
Russian Agricultural Bank Via RSHB Capital
5.298%, 12/27/2017 (B)		0.0				415		440
Russian Federal Bond—OFZ
8.150%, 02/03/2027		0.4			RUB	126,462		4,387
7.600%, 04/14/2021		1.4			RUB	523,000		17,654
7.600%, 07/20/2022		0.2			RUB	78,900		2,655
7.500%, 03/15/2018		0.2			RUB	55,065		1,865
7.500%, 02/27/2019		1.1			RUB	391,870		13,248
7.400%, 04/19/2017		0.1			RUB	39,870		1,338
7.400%, 06/14/2017		0.3			RUB	109,160		3,661
7.350%, 01/20/2016		0.0			RUB	11,380		378
7.100%, 03/13/2014		0.5			RUB	173,220		5,642
7.000%, 06/03/2015		0.8			RUB	287,260		9,448
6.900%, 08/03/2016		0.0			RUB	13,130		433
6.880%, 07/15/2015		0.0			RUB	5,500		181
6.200%, 01/31/2018		0.0			RUB	9,458		303
Russian Foreign Bond—Eurobond
12.750%, 06/24/2028		0.1				746		1,425
7.850%, 03/10/2018		1.0			RUB	355,000		12,177
7.500%, 03/31/2030		1.1				11,288		13,983
7.500%, 03/31/2030		0.2				1,547		1,917
5.625%, 04/04/2042 (B)		0.0				400		449
5.625%, 04/04/2042		0.0				200		224
5.000%, 04/29/2020 (B)		0.0				200		226
3.250%, 04/04/2017 (B)		0.1				1,200		1,255

20 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
Russian Railways via RZD Capital
5.700%, 04/05/2022		0.0	%			398	$	439
Sberbank of Russia Via SB Capital
6.125%, 02/07/2022 (B)		0.0				260		291
6.125%, 02/07/2022		0.1				700		782
5.717%, 06/16/2021		0.0				400		435
5.125%, 10/29/2022 (B)		0.0				247		246
SCF Capital
5.375%, 10/27/2017 (B)		0.0				350		362
VEB-Leasing Via VEB Leasing Investment
5.125%, 05/27/2016		0.0				320		336
Vnesheconombank Via VEB Finance
6.902%, 07/09/2020 (B)		0.1				785		913
6.902%, 07/09/2020		0.2				1,540		1,790
6.800%, 11/22/2025 (B)		0.0				150		176
6.800%, 11/22/2025		0.1				710		831
6.025%, 07/05/2022 (B)		0.1				750		830
5.450%, 11/22/2017 (B)		0.0				300		326
VTB Bank Via VTB Capital
6.875%, 05/29/2018		0.1				500		551
6.551%, 10/13/2020 (B)		0.1				860		944
6.315%, 02/22/2018		0.1				762		826
6.250%, 06/30/2035		0.0				357		386
6.000%, 04/12/2017 (B)		0.0				300		321
Other Securities		1.3						17,188
								126,711
Saudi Arabia — 0.1%
Other Securities		0.1						879
Senegal — 0.1%
Other Securities		0.1						1,126
Serbia — 0.2%
Other Securities		0.2						2,035
Singapore — 0.2%
Other Securities		0.2						2,894
Slovak Republic — 0.1%
Other Securities		0.1						1,363
Slovenia — 0.1%
Other Securities		0.1						630
South Africa — 6.2%
Republic of South Africa
13.500%, 09/15/2015		0.2			ZAR	15,650		2,006
10.500%, 12/21/2026		0.6			ZAR	56,410		7,762
8.750%, 02/28/2048		0.1			ZAR	15,200		1,727

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
8.500%, 06/23/2017		0.1	%			860	$	1,065
8.250%, 09/15/2017		0.2			ZAR	17,430		2,062
8.000%, 12/21/2018		1.4			ZAR	149,080		17,577
7.750%, 02/28/2023		1.0			ZAR	106,517		12,317
7.250%, 01/15/2020		0.2			ZAR	26,500		3,007
7.000%, 02/28/2031		0.5			ZAR	62,602		6,216
6.875%, 05/27/2019		0.3				2,673		3,254
6.750%, 03/31/2021		0.8			ZAR	90,950		10,014
6.500%, 02/28/2041		0.1			ZAR	15,600		1,374
6.250%, 03/31/2036		0.1			ZAR	14,660		1,276
6.250%, 03/08/2041		0.1				609		738
5.875%, 05/30/2022		0.1				670		786
5.500%, 03/09/2020		0.0				540		617
4.665%, 01/17/2024		0.1				1,500		1,605
Transnet SOC
4.000%, 07/26/2022 (B)		0.1				1,119		1,071
Other Securities		0.2						2,464
								76,938
South Korea — 0.0%
Other Securities		0.0						500
Spain — 0.0%
Ajecorp
6.500%, 05/14/2022 (B)		0.0				250		269
Sri Lanka — 0.2%
Other Securities		0.2						1,894
Supra-National — 0.1%
Other Securities		0.1						1,122
Thailand — 2.5%
Thailand Government Bond
5.670%, 03/13/2028		0.0			THB	3,000		122
3.875%, 06/13/2019		0.1			THB	35,781		1,262
3.775%, 06/25/2032		0.1			THB	29,000		951
3.650%, 12/17/2021		0.6			THB	206,180		7,128
3.625%, 05/22/2015		0.6			THB	217,440		7,540
3.625%, 06/16/2023		0.1			THB	59,409		2,037
3.580%, 12/17/2027		0.1			THB	29,010		962
3.250%, 06/16/2017		0.2			THB	81,910		2,817
2.800%, 10/10/2017		0.3			THB	103,000		3,473
1.200%, 07/14/2021		0.4			THB	141,396		4,986
Other Securities		0.0						209
								31,487
Turkey — 6.6%
Export Credit Bank of Turkey
5.875%, 04/24/2019 (B)		0.0				200		222
Republic of Turkey
11.875%, 01/15/2030		0.1				460		840
10.000%, 12/04/2013		0.1			TRY	1,200		680
9.500%, 01/12/2022		0.2			TRY	4,346		2,791

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 21

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund (Continued)

March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)			Market Value ($ Thousands)
9.000%, 03/05/2014		0.1	%		TRY	1,790	$	1,014
9.000%, 05/21/2014		0.3			TRY	6,830		4,145
9.000%, 01/27/2016		0.1			TRY	2,200		1,296
9.000%, 03/08/2017		0.6			TRY	12,272		7,373
8.500%, 09/14/2022		0.3			TRY	5,444		3,317
8.000%, 02/14/2034		0.2				1,976		2,717
7.500%, 09/24/2014		0.2			TRY	4,070		2,288
7.500%, 09/24/2014		0.1			TRY	2,110		1,186
7.500%, 07/14/2017		0.1				1,309		1,561
7.500%, 11/07/2019		0.4				3,400		4,242
7.375%, 02/05/2025		0.1				1,271		1,624
7.250%, 03/05/2038		0.1				400		517
7.100%, 03/08/2023		0.1			TRY	2,100		1,157
7.000%, 09/26/2016		0.1				738		849
7.000%, 03/11/2019		0.0				240		290
7.000%, 06/05/2020		0.0				410		503
6.875%, 03/17/2036		0.1				1,213		1,495
6.750%, 04/03/2018		0.4				4,534		5,350
6.750%, 05/30/2040		0.0				375		463
6.500%, 01/07/2015		0.4			TRY	8,060		4,468
6.250%, 09/26/2022		0.1				740		877
6.000%, 01/14/2041		0.1				1,002		1,122
5.625%, 03/30/2021		0.0				390		445
5.125%, 03/25/2022		0.2				2,288		2,517
4.500%, 02/11/2015		0.3			TRY	6,672		3,977
4.000%, 04/29/2015		0.3			TRY	6,715		3,982
4.000%, 04/01/2020		0.2			TRY	3,341		2,187
3.250%, 03/23/2023		0.3				4,193		3,952
3.000%, 02/23/2022		0.7			TRY	13,216		8,360
2.692%, 07/17/2013 (C)		0.2			TRY	3,753		2,036
Turkiye Garanti Bankasi
7.375%, 03/07/2018		0.1			TRY	1,530		826
5.250%, 09/13/2022 (B)		0.0				200		208
4.000%, 09/13/2022		0.0				270		277
Other Securities		0.0						265
								81,419
Ukraine — 1.9%
Financing of Infrastrucural Projects State Enterprise
9.000%, 12/07/2017 (B) (E)		0.0				400		414
Government of Ukraine
9.250%, 07/24/2017		0.2				1,850		2,003
9.250%, 07/24/2017 (B)		0.1				1,353		1,461
7.950%, 02/23/2021 (B)		0.0				250		260
7.950%, 02/23/2021		0.0				450		468
7.800%, 11/28/2022 (B)		0.1				1,172		1,187
7.800%, 11/28/2022		0.1				1,760		1,782
7.750%, 09/23/2020		0.1				555		577
6.250%, 06/17/2016 (B)		0.1				600		587
6.250%, 06/17/2016		0.0				200		196
National Naftogaz of Ukraine
9.500%, 09/30/2014		0.2				2,335		2,396
Oschadbank Via SSB No. 1
8.250%, 03/10/2016		0.0				430		424

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)		Market Value ($ Thousands)
State Export-Import Bank of Ukraine JSC via Biz Finance
8.750%, 01/22/2018		0.1	%		870	$	877
Ukreximbank Via Biz Finance
8.375%, 04/27/2015		0.3			4,142		4,204
Other Securities		0.6					7,239
							24,075
United Arab Emirates — 0.9%
Emirates Airline
5.125%, 06/08/2016		0.0			300		315
4.500%, 02/28/2025		0.0			350		343
Other Securities		0.9					11,032
							11,690
United States — 0.2%
Other Securities		0.2					2,694
Uruguay — 0.6%
Other Securities		0.6					7,026
Venezuela — 3.1%
Petroleos de Venezuela
12.750%, 02/17/2022		0.0			290		328
8.500%, 11/02/2017		0.1			900		875
8.500%, 11/02/2017		0.1			877		852
5.500%, 04/12/2037		0.0			550		373
5.375%, 04/12/2027		0.1			1,498		1,033
5.250%, 04/12/2017		0.1			948		822
5.000%, 10/28/2015		0.0			560		517
4.900%, 10/28/2014		0.8			10,770		10,366
Republic of Venezuela
13.625%, 08/15/2018		0.2			2,100		2,452
13.625%, 08/15/2018		0.0			144		162
12.750%, 08/23/2022		0.6			6,213		7,247
11.950%, 08/05/2031		0.2			2,278		2,563
11.750%, 10/21/2026		0.4			4,201		4,648
10.750%, 09/19/2013		0.0			190		194
9.250%, 05/07/2028		0.1			612		586
9.250%, 09/15/2027		0.1			958		943
9.000%, 05/07/2023		0.0			30		29
9.000%, 05/07/2023		0.1			1,024		980
8.500%, 10/08/2014		0.0			456		463
8.250%, 10/13/2024		0.0			520		472
7.750%, 10/13/2019		0.1			1,153		1,078
7.650%, 04/21/2025		0.0			300		263
7.000%, 03/31/2038		0.0			80		63
6.000%, 12/09/2020		0.1			1,047		872
							38,181
Vietnam — 0.1%
Other Securities		0.1					1,534

22 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Description	Percentage of Net Assets (%)			Face Amount (1) (Thousands)/Shares			Market Value ($ Thousands)
Zambia — 0.0%
Other Securities		0.0	%				$	248
Total Global Bonds (Cost $1,065,162) ($ Thousands)								1,123,576
LOAN PARTICIPATIONS — 1.4%
Angola — 0.1%
Other Securities		0.1						923
Indonesia — 0.1%
Other Securities		0.1						1,708
Mexico — 0.5%
Other Securities		0.5						5,935
Singapore — 0.6%
Other Securities		0.6						7,156
United Arab Emirates — 0.1%
Dubai World
1.000%, 09/30/15		0.1				1,200		696
1.000%, 09/30/18		0.0				1,008		544
								1,240
Total Loan Participations (Cost $20,533) ($ Thousands)								16,962
CONVERTIBLE BONDS — 0.1%
Other Securities		0.1						1,054
Total Convertible Bonds (Cost $1,125) ($ Thousands)								1,054
AFFILIATED PARTNERSHIP — 0.1%
SEI Liquidity Fund, L.P.
0.120% * (F)		0.1				1,427,291		1,427
Total Affiliated Partnership (Cost $1,427) ($ Thousands)								1,427
TIME DEPOSITS — 12.5%
United States — 12.5%
Brown Brothers Harriman
4.150%, 04/01/2013					ZAR	7		1
0.030%, 04/01/2013						155,248		155,248
0.010%, 04/01/2013					SGD	—		—
(0.028)%, 04/01/2013					EUR	215		275
Total Time Deposits (Cost $155,524) ($ Thousands)								155,524
Total Investments — 104.5% (Cost $1,243,771) ($ Thousands) ††							$	1,298,543

Description	Percentage of Net Assets (%)	Contracts		Market Value ($ Thousands)
PURCHASED OPTIONS — 0.1%
Euro FX Currency Put Option, Expires 09/21/13, Strike Price $1.27 **			9,800,000	$	278
Euro FX Currency Put Option, Expires 07/20/13, Strike Price $1.31 **			9,180,000		399
Total Purchased Options (Cost $376) ($ Thousands)				$	677

A list of the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Settlement Date	Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) ($ Thousands)
04/02/2013-04/15/2013		IDR	39,217,734		USD	4,033	$	3
04/02/2013-04/15/2013		USD	1,846		IDR	17,932,682		(2	)
04/02/2013-05/03/2013		BRL	72,035		USD	36,045		452
04/02/2013-05/03/2013		USD	39,966		BRL	80,203		(343	)
04/03/2013-04/17/2013		USD	1,531		NGN	244,085		3
04/03/2013-04/22/2013		EUR	18,808		USD	24,549		441
04/08/2013-04/15/2013		MYR	25,045		USD	8,086		2
04/08/2013-04/19/2013		COP	13,743,502		USD	7,589		67
04/08/2013-04/19/2013		USD	4,413		COP	8,005,050		(30	)
04/08/2013-05/31/2013		USD	26,482		RUB	811,402		(500	)
04/08/2013-05/31/2013		USD	5,844		ZAR	53,196		(73	)
04/08/2013-05/31/2013		ZAR	94,901		USD	10,510		258
04/08/2013-06/10/2013		PLN	62,981		USD	19,835		563
04/08/2013-06/10/2013		USD	13,717		PLN	43,882		(290	)
04/08/2013-06/14/2013		MXN	159,491		USD	12,692		(195	)
04/08/2013-06/14/2013		USD	22,804		MXN	289,984		614
04/08/2013-06/18/2013		USD	21,241		MYR	65,855		(8	)
04/08/2013-06/28/2013		RUB	794,708		USD	25,733		308
04/10/2013-05/31/2013		TRY	6,255		USD	3,427		(5	)
04/11/2013		KRW	5,763,165		USD	5,285		106
04/11/2013		USD	5,390		KRW	5,763,165		(211	)
04/12/2013		THB	35,716		USD	1,200		(19	)
04/12/2013-06/14/2013		USD	13,343		THB	402,387		375
04/15/2013		INR	925,439		USD	16,909		(73	)
04/15/2013		USD	2,347		EUR	1,821		(13	)
04/15/2013		USD	4,960		INR	268,795		(28	)
04/15/2013-04/22/2013		GBP	963		USD	1,453		(10	)
04/19/2013		CLP	331,085		USD	699		(2	)
04/19/2013-05/17/2013		USD	1,120		PEI	2,899		(1	)
04/25/2013-05/15/2013		PHP	238,277		USD	5,832		(15	)
04/25/2013-05/15/2013		USD	4,666		PHP	189,870		(7	)
04/25/2013-05/31/2013		USD	3,343		RON	11,244		(97	)
04/30/2013		CZK	491		USD	26		1
04/30/2013		HUF	1,090,061		USD	4,886		308
04/30/2013-05/31/2013		RON	6,352		USD	1,879		46
05/24/2013-05/28/2013		CNY	7,762		USD	1,233		(12	)
05/31/2013		USD	729		HUF	163,606		(45	)
05/31/2013		USD	4,872		TRY	8,851		(16	)
06/05/2013-07/17/2015		CNH	207,377		USD	31,745		(1,423	)
06/05/2013-07/17/2015		USD	31,684		CNH	207,377		1,486
06/24/2013		TWD	166,061		USD	5,604		40
09/18/2013-10/03/2013		USD	950		ARS	6,136		2
							$	1,657

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 23

SUMMARY SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund (Concluded)

March 31, 2013

A list of the counterparties for the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Counterparty	Settlement Date	Currency to Deliver ($ Thousands)	Currency to Receive ($ Thousands)		Unrealized Appreciation (Depreciation) ($ Thousands)
Bank of America	04/02/2013-05/31/2013	(24,907)		25,214	$	307
Barclays PLC	04/02/2013-07/25/2013	(42,202)		42,167		(35	)
Brown Brothers Harriman	04/19/2013	(547)		540		(7	)
Citigroup	04/02/2013-10/03/2013	(104,753)		104,836		83
Credit Suisse First Boston	04/30/2013-09/18/2013	(3,070)		3,069		(1	)
Deutsche Bank	04/15/2013-06/18/2013	(49,510)		50,346		836
Goldman Sachs	04/02/2013-06/14/2013	(5,747)		5,767		20
HSBC	04/02/2013-07/17/2015	(103,755)		103,710		(45	)
ING	04/02/2013-04/15/2013	(46,661)		46,570		(91	)
JPMorgan Chase Bank	04/02/2013-06/24/2013	(33,794)		34,226		432
Standard New York, Inc.	04/02/2013-04/15/2013	(7,210)		7,368		158
UBS	04/15/2013-09/27/2013	(14,739)		14,739		—
					$	1,657

For the six months ended March 31, 2013, the total amount of all open forward foreign currency contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

A list of outstanding swap agreements held by the fund at March 31, 2013, is as follows:

Interest Rate Swaps
Counterparty	Fund Pays	Fund Receives	Termination Date	Currency		Notional Amount (Thousands)		Net Unrealized Appreciation (Depreciation) ($ Thousands)
Barclays Bank PLC	Singapore Swap Offer Rate Fixing 6 Month	2.54%	12/14/2032		SGD		461	$	(11	)
Barclays Bank PLC	Singapore Swap Offer Rate Fixing 6 Month	2.77%	06/14/2032		SGD		2,220		31
Barclays Bank PLC	1.71%	Singapore Swap Offer Rate Fixing 6 Month	12/14/2022		SGD		804		4
Barclays Bank PLC	1.86%	Singapore Swap Offer Rate Fixing 6 Month	06/14/2022		SGD		3,830		(44	)
Barclays Bank PLC	Brazil Interbank Deposit Rate	8.27%	01/02/2017		BRL		3,774		(65	)
HSBC	Brazil Interbank Deposit Rate	8.27%	01/02/2017		BRL		2,330		(40	)
HSBC	Brazil Interbank Deposit Rate	8.31%	01/02/2017		BRL		6,488		(110	)
HSBC	Brazil Interbank Deposit Rate	8.32%	01/02/2015		BRL		6,369		(5	)
								$	(240	)

Total Return Swaps

Counterparty

Reference Entity/Obligation

Fund Pays

Fund Receives

Termination Date

Currency

Notional Amount (Thousands)

Net Unrealized Appreciation (Depreciation) ($ Thousands)

Standard Chartered London

India Government Bond 8.07% 7/3/2017

Cash Deposit Of Notional Amount

Price Return

07/03/2017

INR

69,890

$

29

Standard Chartered London

India Government Bond 8.07% 7/3/2017

Cash Deposit Of Notional Amount

Price Return

07/03/2017

INR

199,110

73

HSBC

Republic of Indonesia, 11.500%, 9/15/2019

Cash Deposit Of Notional Amount

Price Return

09/15/2019

IDR

33,200,000

(138

)

HSBC

Republic of Indonesia, 11.500%, 9/15/2019

Cash Deposit Of Notional Amount

Price Return

09/15/2019

IDR

4,500,000

(18

)

Standard Chartered London

India Government Bond 8.19% 01/16/2020

Cash Deposit Of Notional Amount

Price Return

01/16/2020

INR

124,000

33

Standard Chartered London

India Government Bond 8.15% 06/11/2022

Cash Deposit Of Notional Amount

Price Return

06/11/2022

INR

96,000

64

Standard Chartered London

India Government Bond 8.15% 06/11/2022

Cash Deposit Of Notional Amount

Price Return

06/11/2022

INR

37,000

25

Standard Chartered London

India Government Bond 8.33% 09/07/2026

Cash Deposit Of Notional Amount

Price Return

07/09/2026

INR

113,000

(11

)

HSBC

Republic of Indonesia, 8.375%, 9/15/2026

Cash Deposit Of Notional Amount

Price Return

09/15/2026

IDR

18,900,000

(26

)

Standard Chartered London

Republic of Indonesia, 7%, 5/15/2027

Cash Deposit Of Notional Amount

Price Return

05/15/2027

IDR

5,800,000

3

Standard Chartered London

Republic of Indonesia, 7%, 5/15/2027

Cash Deposit Of Notional Amount

Price Return

05/15/2027

IDR

3,500,000

11

HSBC

Republic of Indonesia, 10.500%, 8/15/2030

Cash Deposit Of Notional Amount

Price Return

08/15/2030

IDR

29,500,000

(5

)

Standard Chartered London

Republic of Indonesia, 10.5%, 8/15/2030

Cash Deposit Of Notional Amount

Price Return

08/15/2030

IDR

10,300,000

(18

)

HSBC

Republic of Indonesia, 8.250%, 6/15/2032

Cash Deposit Of Notional Amount

Price Return

06/15/2032

IDR

13,100,000

(3

)

Standard Chartered London

Republic of Indonesia, 8.25%, 6/15/2032

Cash Deposit Of Notional Amount

Price Return

06/15/2032

IDR

6,600,000

(6

)

Standard Chartered London

Republic of Indonesia, 6.625% 05/15/2033

Cash Deposit Of Notional Amount

Price Return

05/15/2033

IDR

14,000,000

(14

)

HSBC

Republic of Indonesia, 6.625% 05/15/2033

Cash Deposit Of Notional Amount

Price Return

05/15/2033

IDR

5,000,000

(2

)

$

(3

)

For the six months ended March 31, 2013, the total number of all open swap agreements, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

24 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Percentages are based on a Net Assets of $1,243,070 ($ Thousands).

* Rate shown is the 7-day effective yield as of March 31, 2013.

** Non income producing security.

† Investment in Affiliated security (See Note 4).

(1) In U.S. Dollars unless otherwise indicated.

(A) Variable Rate Security—The rate reported on the Summary Schedule of Investments is the rate in effect as of March 31, 2013.

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

(C) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.

(D) This security or a partial position of this security is on loan at March 31, 2013. The total market value of securities on loan at March 31, 2013 was $1,364 ($ Thousands) (See Note 8).

(E) Securities considered illiquid. The total market value of such securities as of March 31, 2013 was $29,510 ($ Thousands) and represented 2.4% of Net Assets.

(F) This security was purchased with cash collateral held from securities on loan (see Note 8). The total value of such securities as of March 31, 2013 was $1,427 ($ Thousands).

†† The Summary Schedule of Investments does not reflect the complete portfolio holdings. It includes the Fund’s 50 largest holdings and each investment of any issuer that exceeds 1% of the Fund’s net assets. “Other Securities” represent all issues not required to be disclosed under the rules adopted by the U.S. Securities and Exchange Commission (“SEC”). In certain instances, securities for which footnotes listed above may otherwise apply are included in the Other Securities caption. The complete schedule of portfolio holdings is available (i) without charge, upon request, by calling (800) 342-5734; and (ii) on the SEC’s website at http://www.sec.gov.

BRL — Brazilian Real

CLN — Credit Linked Note

CLP — Chilean Peso

CNH — Chinese Yuen (Offshore)

CNY — Chinese Renminbi

COP — Colombian Peso

CZK — Czech Koruna

EUR — Euro

GBP — British Pound Sterling

HUF — Hungarian Forint

IDR — Indonesia Rupiah

INR — India Rupee

KRW — Korean Won

MTN — Medium Term Note

MXN — Mexican Peso

MYR — Malaysian Ringgit

NGN — Nigerian Naira

PEI — Peruvian Inca

PHP — Philippine Peso

PLC — Public Limited Company

PLN — Polish Zlotty

RON — Romanian Leu

RUB — Russian Ruble

Ser — Series

THB — Thai Baht

TRY — Turkish Lira

TWD — Taiwan Dollar

USD — U.S. Dollar

ZAR — South African Rand

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3 (1)		Total
Global Bonds	$	—	$	1,123,576	$	—	$	1,123,576
Convertible Bonds		—		1,054		—		1,054
Loan Participations		—		1,240		15,722		16,962
Affiliated Partnership		—		1,427		—		1,427
Time Deposits		—		155,524		—		155,524
Total Investments in Securities	$	—	$	1,282,821	$	15,722	$	1,298,543

Other Financial Instruments	Level 1		Level 2			Level 3		Total
Forwards Contracts *	$	—	$	1,657		$	—	$	1,657
Interest Rate Swaps *		—		(240	)		—		(240	)
Total Return Swaps *		—		(3	)		—		(3	)
Purchased Options		—		677			—		677
Total Other Financial Instruments	$	—	$	2,091		$	—	$	2,091

	Global Bonds			Loan Participations
Beginning balance as of October 1, 2012	$	94		$	16,874
Accrued discounts/premiums		—			15
Realized gain/(loss)		—			(257	)
Change in unrealized appreciation/(depreciation)		—			(64	)
Purchases		—			—
Sales		—			(846	)
Transfer into Level 3		—			—
Transfer out of Level 3		(94	)		—
Ending balance as of March 31, 2013	$	—		$	15,722

(1) Of the $15,816 ($ Thousands) in Level 3 securities as of March 31, 2013, $7,493 ($ Thousands) or 0.6% are not valued via third party pricing vendors and broker quotes. If significant, the disclosure of the unobservable inputs and the interrelationships and sensitivity between these inputs are required for those Level 3 securities that are not valued by third party pricing vendors or broker quotes.

* Forwards contracts and swaps are valued at the unrealized appreciation/(depreciation) on the instrument.

For the six months ended March 31, 2013, there have been no significant transfers between Level 1 and Level 2 assets and liabilities.

For the six months ended March 31, 2013, there have been no significant transfers between Level 2 and Level 3 assets and liabilities.

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

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

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 25

Statements of Assets and Liabilities ($ Thousands) (Unaudited)

March 31, 2013

	International Equity Fund			Emerging Markets Equity Fund			International Fixed Income Fund			Emerging Markets Debt Fund
ASSETS:
Investments, at value (Cost $1,804,832, $846,266, $503,000 and $1,242,344, respectively)(1)	$	1,944,666		$	952,876		$	506,942		$	1,297,116
Affiliated investments, at value (Cost $143,675, $24,941, $0 and $1,427, respectively)		143,675			24,941			—			1,427
Cash		—			174			—			—
Foreign currency, at value (Cost $619, $1,380, $0 and $1,803, respectively)		613			1,375			—			1,883
Cash pledged as collateral for forward foreign currency contracts, futures contracts or swap contracts		—			—			555			475
Receivable for investment securities sold		9,613			3,955			9,906			23,509
Unrealized gain on forward foreign currency contracts		—			—			4,480			5,075
Receivable for fund shares sold		3,220			7,360			285			2,028
Dividends and interest receivable		5,326			1,447			5,739			17,585
Variation margin receivable		118			—			38			—
Foreign tax reclaim receivable		1,088			100			—			—
Unrealized gain on foreign spot currency contracts		62			3			1			—
Options purchased, at value (Cost $0, $0, $0 and $376, respectively)		—			—			—			677
Swap contracts, at value (Premiums paid $0, $0, $63 and $31,067, respectively)		—			—			5,941			34,206
Total Assets		2,108,381			992,231			533,887			1,383,981
LIABILITIES:
Payable for investment securities purchased		19,577			5,420			17,152			61,583
Payable upon return of securities loaned		48,765			16,319			—			1,427
Payable to custodian		257			—			70			67,998
Foreign currency payable, at value (Premium received $0, $0, $45 and $0, respectively)		—			—			46			—
Unrealized loss on forward foreign currency contracts		—			—			790			3,418
Swap contracts, at value (Premiums received $0, $0, $0 and $0, respectively)		—			—			5,108			3,382
Payable for fund shares redeemed		2,519			1,312			858			1,561
Variation margin payable		311			—			14			—
Unrealized loss on foreign spot currency contracts		21			4			5			—
Investment advisory fees payable		874			769			128			408
Administration fees payable		779			531			256			684
Shareholder servicing fees payable		435			204			28			263
Trustees’ fees payable		7			3			2			5
Chief compliance officer fees payable		2			1			—			1
Administration servicing fees payable		4			—			—			—
Other accrued expenses		389			386			100			181
Accrued foreign capital gains tax on appreciated securities		—			191			—			—
Total Liabilities		73,940			25,140			24,557			140,911
Net Assets	$	2,034,441		$	967,091		$	509,330		$	1,243,070
NET ASSETS:
Paid in Capital (unlimited authorization — no par value)	$	2,911,026		$	992,718		$	528,183		$	1,188,450
Undistributed (distributions in excess of) net investment income		6,652			(5,252	)		(34,008	)		(28,094	)
Accumulated net realized gain (loss) on investments, futures contracts, option contracts, foreign currency contracts and swap contracts		(1,022,732	)		(126,771	)		7,712			26,161
Net unrealized appreciation on investments and option contracts		139,834			106,610			3,942			55,073
Net unrealized depreciation on futures contracts		(371	)		—			(36	)		—
Net unrealized appreciation (deprecation) on swap contracts		—			—			770			(243	)
Net unrealized appreciation (depreciation) on forward foreign currency contracts, foreign currencies and translation of other assets and liabilities denominated in foreign currencies		32			(23	)		2,767			1,723
Accumulated foreign capital gains tax on appreciated securities		—			(191	)		—			—
Net Assets	$	2,034,441		$	967,091		$	509,330		$	1,243,070
Net Asset Value, Offering and Redemption Price Per Share — Class ($2,029,088,521 ÷ 230,439,646 shares, $967,090,986 ÷ 89,489,894 shares, $509,330,492 ÷ 48,272,423 shares, $1,243,070,182 ÷ 109,706,800 shares, respectively.)		$8.81			$10.81			$10.55			$11.33
Net Asset Value, Offering and Redemption Price Per Share — Class I ($5,352,548 ÷ 607,950 shares)		$8.80			N/A			N/A			N/A

(1) Included in “Investments, at value” is the market value of securities on loan in the amounts of $42,386, $15,189, $0 and $1,364, ($ Thousands), respectively.

N/A — Not applicable. Share classes currently not offered.

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

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

26 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Statements of Operations ($ Thousands) (Unaudited)

For the six months ended March 31, 2013

	International Equity Fund			Emerging Markets Equity Fund			International Fixed Income Fund			Emerging Markets Debt Fund
Investment Income:
Dividends	$	19,551		$	5,668		$	—		$	—
Dividends from Affiliated Security(1)(2)		8			1			—			—
Interest		8			2			6,085			31,380
Security Lending Income — Net(1)		967			303			—			1
Less: Foreign Taxes Withheld		(1,213	)		(525	)		—			(206	)
Total Investment Income		19,321			5,449			6,085			31,175
Expenses:
Investment Advisory Fees		4,809			4,865			743			5,139
Administration Fees		4,285			3,012			1,486			3,929
Shareholder Servicing Fees — Class A		2,374			1,158			619			1,511
Shareholder Servicing Fees — Class I		7			—			—			—
Administrative Servicing Fees — Class I		7			—			—			—
Trustees’ Fees		15			7			4			9
Chief Compliance Officer Fees		4			2			1			3
Custodian/Wire Agent Fees		164			323			37			83
Printing Fees		113			56			29			73
Overdraft Fees		2			5			2			5
Professional Fees		75			72			20			60
Registration Fees		16			12			7			14
Other Expenses		67			38			30			45
Total Expenses		11,938			9,550			2,978			10,871
Less:
Waiver of Investment Advisory Fees		—			(456	)		—			(2,636	)
Waiver of Shareholder Servicing Fees — Class A		—			—			(447	)		—
Fees Paid Indirectly		—			(1	)		—			—
Net Expenses		11,938			9,093			2,531			8,235
Net Investment Income (Loss)		7,383			(3,644	)		3,554			22,940
Net Realized and Unrealized Gain (Loss) on Investments, Options, Futures Contracts, Swap Contracts and Foreign Currency Transactions:
Net Realized Gain (Loss) from:
Investments		35,136			(14,047	)		3,809			11,684
Futures Contracts		4,612			—			431			(7	)
Swap Contracts		—			—			662			6,657
Foreign Currency Transactions		(1,394	)		(267	)		18,825			10,651
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		118,057			69,845			(21,896	)		(19,573	)
Affiliated Investments		2,086			1,262			—			—
Futures Contracts		649			—			87			(21	)
Options		—			—			—			301
Swap Contracts		—			—			(634	)		(1,884	)
Foreign Capital Gains Tax on Appreciated Securities		—			104			—			—
Foreign Currency Transactions		349			(69	)		5,479			(1,267	)
Net Realized and Unrealized Gain on Investments, Options, Futures Contracts, Swap Contracts and Foreign Currency Transactions		159,495			56,828			6,763			6,541
Net Increase in Net Assets Resulting from Operations	$	166,878		$	53,184		$	10,317		$	29,481

(1) Income is from the investment of collateral in an affiliated security.

(2) See Note 4 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 Institutional International Trust / Semi-Annual Report / March 31, 2013 27

Statements of Changes in Net Assets ($ Thousands)

For the six months ended March 31, 2013 (Unaudited) and the year ended September 31, 2012

	International Equity Fund						Emerging Markets Equity Fund
	2013			2012			2013			2012
Operations:
Net Investment Income (Loss)	$	7,383		$	30,343		$	(3,644	)	$	4,128
Net Realized Gain (Loss) from Investments, Affiliated Investments, Futures Contracts, Options and Swap Contracts		39,748			(40,129	)		(14,047	)		(70,342	)
Net Realized Gain (Loss) on Forward Foreign Currency Contracts and Foreign Currency Transactions		(1,394	)		371			(267	)		(1,087	)
Net Change in Unrealized Appreciation on Investments, Affiliated Investments, Futures Contracts, Options and Swap Contracts		120,792			240,217			71,107			170,092
Net Change in Unrealized Appreciation (Depreciation) on Foreign Capital Tax Gains on Appreciated Securities		—			—			104			(292	)
Net Change in Unrealized Appreciation (Depreciation) on Forward Foreign Currency Contracts, Foreign Currencies, and Translation of Other Assets and Liabilities Denominated in Foreign Currencies		349			(362	)		(69	)		184
Net Increase in Net Assets Resulting from Operations		166,878			230,440			53,184			102,683
Dividends from:
Net Investment Income:
Class A		(29,890	)		(34,665	)		(4,998	)		(2,183	)
Class I		(72	)		(96	)		—			—
Total Dividends		(29,962	)		(34,761	)		(4,998	)		(2,183	)
Capital Share Transactions:
Class A:
Proceeds from Shares Issued		263,661			568,731	(1)		132,841			298,296
Reinvestment of Dividends & Distributions		27,440			32,156			4,533			2,014
Cost of Shares Redeemed		(241,378	)		(519,994	)		(118,199	)		(196,578	)
Increase in Net Assets Derived from Class A Transactions		49,723			80,893			19,175			103,732
Class I:
Proceeds from Shares Issued		488			1,307	(1)		—			—
Reinvestment of Dividends & Distributions		47			67			—			—
Cost of Shares Redeemed		(855	)		(1,982	)		—			—
Decrease in Net Assets Derived from Class I Transactions		(320	)		(608	)		—			—
Increase in Net Assets Derived from Capital Share Transactions		49,403			80,285			19,175			103,732
Net Increase in Net Assets		186,319			275,964			67,361			204,232
Net Assets:
Beginning of Period		1,848,122			1,572,158			899,730			695,498
End of Period	$	2,034,441		$	1,848,122		$	967,091		$	899,730
Undistributed (Distributions in Excess of) Net Investment Income Included in Net Assets at End of Period	$	6,652		$	29,231		$	(5,252	)	$	3,390
Share Transactions:
Class A:
Shares Issued		30,797			72,568			12,436			30,168
Reinvestment of Distributions		3,244			4,334			426			215
Shares Redeemed		(28,644	)		(66,704	)		(11,170	)		(19,866	)
Total Class A Transactions		5,397			10,198			1,692			10,517
Class I:
Shares Issued		57			166			—			—
Reinvestment of Distributions		6			9			—			—
Shares Redeemed		(100	)		(254	)		—			—
Total Class I Transactions		(37	)		(79	)		—			—
Net Increase in Shares Outstanding from Share Transactions		5,360			10,119			1,692			10,517

(1) See Note 10 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.

28 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Statements of Changes in Net Assets ($ Thousands) (Continued)

For the six months ended March 31, 2013 (Unaudited) and the year ended September 30, 2012

	International Fixed Income Fund						Emerging Markets Debt Fund
	2013			2012			2013			2012
Operations:
Net Investment Income	$	3,554		$	7,828		$	22,940		$	48,801
Net Realized Gain from Investments, Affiliated Investments, Futures Contracts, Options and Swap Contracts		4,902			5,531			18,334			48,569
Net Realized Gain (Loss) on Forward Foreign Currency Contracts and Foreign Currency Transactions		18,825			16,653			10,651			(810	)
Net Change in Unrealized Appreciation (Depreciation) on Investments, Affiliated Investments, Futures Contracts, Options and Swap Contracts		(22,443	)		15,233			(21,177	)		69,712
Net Change in Unrealized Appreciation (Depreciation) on Forward Foreign Currency Contracts, Foreign Currencies, and Translation of Other Assets and Liabilities Denominated in Foreign Currencies		5,479			(15,591	)		(1,267	)		2,058
Net Increase in Net Assets Resulting from Operations		10,317			29,654			29,481			168,330
Dividends and Distributions from:
Net Investment Income:
Class A		(21,926	)		(12,225	)		(59,897	)		(53,538	)
Net Realized Gains:
Class A		—			—			(45,779	)		(2,001	)
Total Dividends and Distributions		(21,926	)		(12,225	)		(105,676	)		(55,539	)
Capital Share Transactions:
Class A:
Proceeds from Shares Issued		74,507			92,376			232,495			446,482
Reinvestment of Dividends & Distributions		19,825			11,251			92,135			49,190
Cost of Shares Redeemed		(65,186	)		(118,192	)		(170,467	)		(319,757	)
Increase (Decrease) in Net Assets Derived from Capital Share Transactions		29,146			(14,565	)		154,163			175,915
Net Increase in Net Assets		17,537			2,864			77,968			288,706
Net Assets:
Beginning of Period		491,793			488,929			1,165,102			876,396
End of Period	$	509,330		$	491,793		$	1,243,070		$	1,165,102
Undistributed (Distributions in excess of) Net Investment Income Included in Net Assets at End of Period	$	(34,008	)	$	(15,636	)	$	(28,094	)	$	8,863
Share Transactions:
Class A:
Shares Issued		7,003			8,800			19,804			39,221
Reinvestment of Distributions		1,897			1,098			7,890			4,465
Shares Redeemed		(6,100	)		(11,260	)		(14,508	)		(28,264	)
Total Class A Transactions		2,800			(1,362	)		13,186			15,422

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

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

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 29

Financial Highlights

For the six months ended March 31, 2013 (Unaudited) and the years ended September 30,

For a Share Outstanding Throughout Each Period

	Net Asset Value, Beginning of Period		Net Investment Income (Loss)(1)			Net Realized and Unrealized Gains (Losses)  on Securities(1)			Total from Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Total Dividends and Distributions and Return of  Capital			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 Fees Paid Indirectly)**			Ratio of Expenses to Average Net Assets (Excluding Waivers and Fees Paid Indirectly)**			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate
International Equity Fund
Class A
2013***	$	8.19	$	0.03		$	0.73		$	0.76		$	(0.14	)	$	—		$	(0.14	)	$	8.81		9.31	%	$	2,029,088		1.25	%(3)		1.25	%(3)		1.25	%(3)		0.78	%		27	%
2012		7.29		0.14			0.92			1.06			(0.16	)		—			(0.16	)		8.19		14.76			1,842,851		1.26	(3)		1.26	(3)		1.26	(3)		1.75			56
2011		8.34		0.16			(1.08	)		(0.92	)		(0.13	)		—			(0.13	)		7.29		(11.34	)		1,566,893		1.27	(3)		1.27	(3)		1.27	(3)		1.88			98
2010		7.88		0.10			0.36			0.46			—			—			—			8.34		5.84			1,898,206		1.27	(3)		1.27	(3)		1.28			1.26			144
2009		8.85		0.13			(0.94	)		(0.81	)		(0.16	)		—			(0.16	)		7.88		(8.73	)		2,053,411		1.28	(2)(3)		1.28	(2)(3)		1.29			2.01			154
2008		16.18		0.27			(5.52	)		(5.25	)		(0.34	)		(1.74	)		(2.08	)		8.85		(36.96	)		2,329,504		1.25	(2)(3)		1.26	(2)(3)		1.26	(2)		2.15			218
Class I
2013***	$	8.18	$	0.02		$	0.71		$	0.73		$	(0.11	)	$	—		$	(0.11	)	$	8.80		9.16	%	$	5,353		1.50	%(3)		1.50	%(3)		1.50	%(3)		0.48	%		27	%
2012		7.28		0.12			0.91			1.03			(0.13	)		—			(0.13	)		8.18		14.37			5,271		1.51	(3)		1.51	(3)		1.51	(3)		1.48			56
2011		8.32		0.13			(1.06	)		(0.93	)		(0.11	)		—			(0.11	)		7.28		(11.44	)		5,265		1.52	(3)		1.52	(3)		1.52			1.54			98
2010		7.89		0.08			0.35			0.43			—			—			—			8.32		5.45			8,455		1.52	(3)		1.52	(3)		1.53			1.00			144
2009		8.82		0.13			(0.94	)		(0.81	)		(0.12	)		—			(0.12	)		7.89		(8.80	)		8,397		1.53	(2)(3)		1.53	(2)(3)		1.54			1.97			154
2008		16.13		0.22			(5.49	)		(5.27	)		(0.30	)		(1.74	)		(2.04	)		8.82		(37.14	)		6,538		1.50	(2)(3)		1.51	(2)(3)		1.51	(2)		1.72			218
Emerging Markets Equity Fund
Class A
2013***	$	10.25	$	(0.04	)	$	0.66		$	0.62		$	(0.06	)	$	—		$	(0.06	)	$	10.81		5.94	%	$	967,091		1.96	%(4)		1.96	%(4)		2.06	%		(0.79	)%		37	%
2012		9.00		0.05			1.23			1.28			(0.03	)		—			(0.03	)		10.25		14.21			899,730		1.97	(4)		1.97	(4)		2.07			0.49			93
2011		11.40		0.05			(2.35	)		(2.30	)		(0.10	)		—			(0.10	)		9.00		(20.38	)		695,498		1.96	(4)		1.96	(4)		2.09			0.44			98
2010		9.64		0.04			1.78			1.82			(0.06	)		—			(0.06	)		11.40		18.93			935,583		1.96	(4)		1.96	(4)		2.09			0.38			81
2009		11.43		0.08			0.18			0.26			(0.10	)		(1.95	)		(2.05	)		9.64		16.40			916,780		1.97	(4)		1.97	(4)		2.11			1.08			80
2008		21.49		0.14			(5.64	)		(5.50	)		(0.08	)		(4.48	)		(4.56	)		11.43		(33.33	)		965,730		1.99	(4)		1.99	(4)		2.08			0.85			94
International Fixed Income Fund
Class A
2013***	$	10.82	$	0.08		$	0.13		$	0.21		$	(0.48	)	$	—		$	(0.48	)	$	10.55		2.03	%	$	509,330		1.02	%(5)		1.02	%(5)		1.20	%		1.43	%		37	%
2012		10.44		0.17			0.48			0.65			(0.27	)		—			(0.27	)		10.82		6.34			491,793		1.02	(5)		1.02	(5)		1.21			1.60			103
2011		10.92		0.25			(0.22	)		0.03			(0.51	)(9)		—			(0.51	)		10.44		0.41			488,929		1.02	(5)		1.02	(5)		1.21			2.40			119
2010		10.21		0.24			0.57			0.81			(0.10	)(8)		—			(0.10	)		10.92		7.97			505,081		1.07	(7)		1.07	(7)		1.21			2.33			135
2009		10.46		0.28			0.53			0.81			(1.06	)		—			(1.06	)		10.21		8.85			538,159		1.02	(5)		1.02	(5)		1.06			2.86			170
2008		10.91		0.37			(0.68	)		(0.31	)		(0.14	)		—			(0.14	)		10.46		(2.89	)		703,324		1.02	(5)		1.02	(5)		1.04			3.45			147
Emerging Markets Debt Fund
Class A
2013***	$	12.07	$	0.22		$	0.08		$	0.30		$	(0.58	)	$	(0.46	)	$	(1.04	)	$	11.33		2.54	%	$	1,243,070		1.36	%(6)		1.36	%(6)		1.80	%		3.79	%		34	%
2012		10.81		0.55			1.36			1.91			(0.63	)		(0.02	)		(0.65	)		12.07		18.48			1,165,102		1.36	(6)		1.36	(6)		1.80			4.85			102
2011		11.19		0.63			(0.70	)		(0.07	)		(0.31	)		—			(0.31	)		10.81		(0.71	)		876,396		1.36	(6)		1.36	(6)		1.80			5.58			59
2010		10.24		0.67			1.14			1.81			(0.86	)		—			(0.86	)		11.19		18.78			931,865		1.36	(6)		1.36	(6)		1.79			6.41			70
2009		9.43		0.71			0.85			1.56			(0.75	)		—			(0.75	)		10.24		18.62			790,597		1.37	(6)		1.37	(6)		1.81			8.47			73
2008		11.04		0.62			(1.18	)		(0.56	)		(0.74	)		(0.31	)		(1.05	)		9.43		(5.71	)		877,354		1.37	(6)		1.37	(6)		1.79			5.94			83

* Includes Fees Paid Indirectly, if applicable. See Note 4 in Notes to Financial Statements.

** See Note 4 in Notes to Financial Statements.

*** For the six months ended March 31, 2013. All ratios have been annualized. Total Return and Portfolio Turnover Rate have not been annualized.

† Returns do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

(1) Per share net investment income/(loss) and net realized and unrealized gains/(losses) calculated using average shares.

(2) The expense ratio includes interest expense on reverse repurchase agreements. Had this expense been excluded, the ratios for Class A and I shares would have been 1.28% and 1.53%, respectively, for 2009 and 2008.

(3) The expense ratio includes overdraft fees. Had this expense been excluded, the ratios for Class A and I shares would have been 1.25% and 1.50%, respectively for 2013, 1.26% and 1.51%, respectively for 2012, 1.27% and 1.52%, respectively for 2011 and 2010, 1.28% and 1.53%, respectively for 2009 and 1.25% and 1.50%, respectively for 2008.

(4) The expense ratio includes overdraft fees. Had this expense been excluded, the ratios would have been 1.96% for 2013, 2012, 2011, 2010, 2009 and 2008.

(5) The expense ratio includes overdraft fees. Had this expense been excluded, the ratios would have been 1.02%, 1.02%, 1.02%, 1.01% and 1.02% for 2013, 2012, 2011, 2009 and 2008, respectively.

(6) The expense ratio includes overdraft fees. Had this expense been excluded, the ratios would have been 1.36% for 2013, 2012, 2011, 2010, 2009 and 2008.

(7) The expense ratio includes proxy and overdraft fees. Had these expenses been excluded, the ratio would have been 1.01% for 2010.

(8) Includes return of capital of less than $0.01.

(9) Includes a return of capital of $0.01 per share.

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

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

30 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Notes to Financial Statements

March 31, 2013 (Unaudited)

1. ORGANIZATION

SEI Institutional International Trust (the “Trust”) was organized as a Massachusetts business trust under a Declaration of Trust dated June 30, 1988. The operations of the Trust commenced on December 20, 1989.

The Trust is registered under the Investment Company Act of 1940, as amended, as an open-end investment company with four funds: International Equity Fund, Emerging Markets Equity Fund, International Fixed Income Fund and Emerging Markets Debt Fund (together the “Funds”). The Trust’s prospectuses provide a description of each Fund’s investment objective, and strategies. The Trust is registered to offer Class A shares of each of the Funds and Class I shares of the International Equity Fund.

2. SIGNIFICANT ACCOUNTING POLICIES

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

Use of Estimates — The preparation of financial statements, in conformity with U.S. generally accepted accounting principles (“GAAP”), requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of 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 — Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded, or, if there is no such reported sale, at the most recent quoted bid price. Debt securities are priced based upon valuations provided by independent, third-party pricing agents, if available. 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. The prices for foreign securities are reported in local currency and converted to U.S. dollars using currency exchange rates. Prices for most securities held in the Funds are provided daily by recognized independent pricing agents. SEI Investments Management Corporation (“SIMC”) or a sub-adviser, as applicable, reasonably believes that prices provided by independent pricing agents are reliable. However, there can be no assurance that such pricing service’s prices

will be reliable. SIMC or a sub-adviser, as applicable, continuously monitors the reliability of prices obtained from any pricing service and will notify the Funds’ administrator if it believes that a particular

pricing service is no longer a reliable source of prices. The Funds’ administrator, in turn, will notify the Trust’s Fair Value Committee if it receives such notification from SIMC or a sub-adviser, as applicable, or if the Funds’ administrator reasonably believes that a particular pricing service is no longer a reliable source for prices. If a security price cannot be obtained from an independent, third-party pricing agent, the Funds seek to obtain a bid price from at least one independent broker.

Securities for which market prices are not “readily available” are determined to be unreliable or can not be valued using methodologies described above are valued in accordance with Fair Value Procedures established by the Trust’s Board of Trustees (the “Board”). The Trust’s Fair Value Procedures are implemented through a Fair Value Committee (the “Committee”) designated by the Board. The Committee is currently composed of two members of the Board of Trustees, as well as representatives from SIMC and its affiliates. The Committee provides regular reports to the Board concerning investments for which market prices are not readily available or may be unreliable. 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. Examples of factors the Committee may consider are: (i) the facts giving rise to the need to fair value; (ii) the last trade price; (iii) the performance of the market or the issuer’s industry; (iv) the liquidity of the security; (v) the size of the holding in a Fund; or (vi) any other appropriate information. The determination of a security’s fair value price often involves the consideration of a number of subjective factors and is therefore subject to the unavoidable risk that the value assigned to a security may be higher or lower than the security’s value would be if a reliable market quotation for the security was readily available.

For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security’s last trade and the time at which a Fund calculates its net asset value. The closing prices of such securities may no longer reflect their market value at the time the Fund calculates net asset value if an event that could materially affect the value of those securities (a “Significant Event”) has occurred between the time of the security’s last close and the time that the Fund calculates net asset value. A Significant Event may relate to a single issuer or to an entire market sector. If the adviser or sub-adviser of a Fund becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 31

Notes to Financial Statements (Continued)

March 31, 2013 (Unaudited)

the Fund calculates net asset value, it may request that a Committee meeting be called. In addition, the Fund’s administrator monitors price movements among certain selected indices, securities and/or baskets of securities that may be an indicator that the closing prices received earlier from foreign exchanges or markets may not reflect market value at the time the Fund calculates net asset value. If price movements in a monitored index or security exceed levels established by the administrator, the administrator notifies the adviser or sub-adviser for any Fund holding the relevant securities that such limits have been exceeded. In such event, the adviser or sub-adviser makes the determination whether a Committee Meeting should be called based on the information provided.

The International Equity Fund and Emerging Markets Equity Fund also use a third-party fair valuation vendor. The vendor provides a fair value for foreign securities held by these Funds based on certain factors and methodologies (involving, generally, tracking valuation correlations between the U.S. market and each non-U.S. security). Values from the fair value vendor are applied in the event that there is a movement in the U.S. market that exceeds a specific threshold that has been established by the Committee. The Committee has also established a “confidence interval” which is used to determine the level of historical correlation between the value of a specific foreign security and movements in the U.S. market before a particular security will be fair valued when the threshold is exceeded. In the event that the threshold established by the Committee is exceeded on a specific day, the International Equity Fund and Emerging Markets Equity Fund will value the non-U.S. securities in their portfolios that exceed the applicable “confidence interval” based upon the adjusted prices provided by the fair valuation vendor.

In accordance with GAAP, fair value is defined as the price that the Fund would receive upon selling an investment in a timely 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 the observable market data and minimize the use of unobservable inputs and to establish classification of the 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 developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed 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 — quoted prices in active markets for identical investments

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risks, etc.)

Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

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.

The valuation techniques used by the Funds to measure fair value during the six months ended March 31, 2013 maximized the use of observable inputs and minimized the use of unobservable inputs.

For the six months ended March 31, 2013, there have been no significant changes to the inputs or the Trust’s fair valuation methodologies.

Security Transactions and Investment Income — Security transactions are recorded on the trade date. Cost used in determining net realized capital gains and losses on the sale of securities is determined on the basis of specific identification. Dividend income and expense is recognized on the ex-dividend date, and interest income or expense 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.

Amortization and accretion is calculated using the scientific interest method, which approximates the effective interest method over the holding period of the security, which is not materially different from the effective interest method. Amortization of premiums and discounts is included in interest income.

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

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

Foreign Currency Translation — The books and records of the Funds investing in international securities are maintained in U.S. dollars on the following basis:

(i) market value of investment securities, assets and liabilities at the current rate of exchange; and

(ii) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions.

32 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

The Funds do not isolate that portion of gains and losses on investments in equity securities that is due to changes in the foreign exchange rates from that which is due to changes in market prices of equity securities.

The Funds report certain foreign-currency-related transactions as components of realized gains for financial reporting purposes, whereas such components are treated as ordinary income for Federal income tax purposes.

Forward Foreign Currency Contracts — To the extent consistent with its Investment Objective and Strategies, a Fund may enter into forward foreign currency contracts as hedges against either specific transactions, fund positions, speculative purposes or anticipated fund positions. All commitments are “marked-to-market” daily at the applicable foreign exchange rate, and any resulting unrealized gains or losses are recorded currently. The Fund realizes gains and losses at the time forward contracts are extinguished. Unrealized gains or losses on outstanding positions in forward foreign currency contracts held at the close of the year are recognized as ordinary income or loss for federal income tax purposes. The Fund could be exposed to risk if the counterparties to the contracts are unable to meet the terms of the contract and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar.

Finally, the risk exists that losses could exceed amounts disclosed on the Statement of Assets and Liabilities. Refer to each Fund’s Summary Schedule of Investments for details regarding open forward foreign currency contracts as of March 31, 2013, if applicable.

Futures Contracts — To the extent consistent with its Investment Objective and Strategies, the Funds may purchase futures contracts to gain exposure to market changes, which may be more efficient or cost effective than actually buying the securities. To the extent consistent with its Investment Objective and Strategies, a Fund may utilize futures contracts for tactical hedging purposes as well as to enhance the Funds’ returns. In addition, the International Fixed Income Fund and the Emerging Markets Debt Fund may utilize futures contracts to efficiently assist in managing the Funds’ duration and yield curve exposure. Upon entering into such a contract, a Fund is required to deposit and maintain as collateral such initial margin as required by the exchange on which the contract is held. 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 losses or gains 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 a Fund 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 Statement of Assets and Liabilities. Refer to each Fund’s Summary Schedule of Investments for details regarding open futures contracts as of March 31, 2013, if applicable.

Options/Swaptions Writing/Purchasing — To the extent consistent with its investment objective and strategies, a Fund may invest in financial options/swaptions contracts for the purpose of hedging its existing portfolio securities, or securities that a Fund intends to purchase, against fluctuations in fair market value caused by changes in prevailing market interest rates. A Fund may also invest in financial option/swaption contracts to enhance its returns. When the Fund writes or purchases an option/swaption, 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/swaption written or purchased. Premiums received or paid from writing or purchasing options/ swaptions 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/swaption 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 Emerging Markets Debt Fund had options contracts as of March 31, 2013, as disclosed in the Funds’ Schedules of Investments or Summary Schedule of Investments.

The risk in writing a call option/swaption is a Fund may give up the opportunity for profit if the market price of the security increases. The risk in writing a put option/swaption is a Fund may incur a loss if the market price of the security decreases and the option/swaption is exercised. The risk in purchasing an option/swaption is a Fund may pay a premium whether or not the option/swaption is exercised. The Funds also have 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/swaption 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 on written options could exceed amounts disclosed on the Statements of Assets and Liabilities. Refer to each Fund’s Summary Schedule of Investments for details regarding open option/swaption contracts as of March 31, 2013, if applicable.

Swap Agreements — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in swap contracts as an efficient means to take and manage risk in the portfolio, including

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 33

Notes to Financial Statements (Continued)

March 31, 2013 (Unaudited)

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 the periodic payment by a Fund or counterparty of interest 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 outstanding principal of the downgraded debt instrument. 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 (London Interbank Offered Rate) or some other form of index 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 losses. 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. In connection with swap agreements, securities/cash may be set aside as collateral by the 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; protect a Fund’s value from changes in interest rates; or 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 unrealized gains or losses 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 Summary Schedule of Investments or the Statement 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.

Counterparty risk may be 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. Refer to each Fund’s Summary Schedule of Investments for details regarding open swap contracts as of March 31, 2013, if applicable.

Delayed Delivery Transactions — A Fund may purchase or sell securities on a when-issued or delayed delivery basis. These transactions involve a commitment by the Fund to purchase or sell securities for a predetermined price or yield, with payment and delivery taking place beyond the customary settlement period. When delayed delivery purchases are outstanding, the Fund will set aside liquid assets in an amount sufficient to meet the purchase price. When purchasing a security on a delayed delivery basis, the Fund assumes the rights and risks of ownership of the security, including the risk of price and yield fluctuations, and takes such fluctuations into account when determining its net asset value. The Fund may dispose of or renegotiate a delayed delivery transaction after it is entered into, and may sell when-issued securities before they are delivered, which may result in a capital gain or loss. When the Fund has sold a security on a delayed delivery basis, the Fund does not participate in future gains and losses with respect to the security.

Loan Participations and Brady Bonds — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in U.S. dollar-denominated fixed- and floating-rate loans (“Loans”) arranged through private negotiations between a foreign sovereign entity and one or more financial institutions (“Lenders”). The Fund invests in such Loans in the form of participations in Loans (“Participations”) or assignments of all or a portion of Loans from third parties. Participations typically result in a Fund having a contractual relationship only with the Lenders, not with the sovereign borrowers. This Fund has the right to receive payments of principal, interest and any fees to which it is entitled from the Lender selling the Participation and only upon receipt by the Lender of the payments from the borrower. In connection with purchasing Participations, the Fund generally has no right to enforce compliance by the borrower with the terms of the loan agreement relating to the Loan, nor any rights of set-off against the borrower, and the Fund will not benefit directly from any collateral supporting the Loan in which it has purchased the Participation. As a result, the Fund assumes the credit risk of both the borrower and the Lender that is selling the Participation.

Certain debt obligations, customarily referred to as “Brady Bonds,” are created through the exchange of existing commercial bank loans to foreign entities for new obligations in connection with debt restructuring under a plan introduced by former U.S. Secretary of the Treasury Nicholas F. Brady. Brady Bonds have only been issued since 1989, and, accordingly, do not have a long payment history. They are

34 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

issued by governments that may have previously defaulted on the loans being restructured by the Brady Bonds, so they are subject to the risk of default by the issuer. They may be fully or partially collateralized or uncollateralized and issued in various currencies.

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 the Funds. Valuations of illiquid securities may differ significantly from the values that would have been used had an active market value for these securities existed.

Dividends and Distributions to Shareholders — The International Equity, Emerging Markets Equity and International Fixed Income Funds will distribute substantially all of their net investment income and all net realized capital gains, if any, at least annually. The Emerging Markets Debt Fund will distribute substantially all of its net investment income, if any, at least quarterly and all net realized gains, if any, at least annually. All dividends and distributions are recorded on ex-dividend date.

Investments in Real Estate Investment Trusts (“REITs”) — Dividend income is recorded based on the income included in distributions received from the REIT investments using published REIT

reclassifications including some management estimates when actual amounts are not available. Distributions received in excess of this estimated amount are recorded as a reduction of the cost of investments or reclassified to capital gains. The actual amounts of income, return of capital, and capital gains are only determined by each REIT after its fiscal year-end, and may differ from the estimated amounts.

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

	Dollar Threshold ($ Thousands)		Redemption Fee
International Equity Fund	$	50,000		0.75	%
Emerging Markets Equity Fund		25,000		1.25
International Fixed Income Fund		25,000		1.00
Emerging Markets Debt Fund		25,000		1.00

For the six months ended March 31, 2013, the Funds did not charge any redemption fees. Such fees, if any, are retained by the Funds for the benefit of the remaining shareholders.

3. DERIVATIVE TRANSACTIONS

The following tables include only Funds that had exposure to more than one type of risk on derivatives held throughout the year. For Funds that held derivatives throughout the year with only one type of risk exposure, additional information can be found on the Summary Schedules of Investments and the Statements of Operations. The fair value of derivative instruments as of March 31, 2013 was as follows:

	Asset Derivatives				Liability Derivatives
	Six month period ended March 31, 2013 ($ Thousands)				Six month period ended March 31, 2013 ($ Thousands)
Contract Type	Statements of Assets & Liabilities Location	Fair Value			Statements of Assets & Liabilities Location	Fair Value
International Fixed Income Fund
Interest rate contracts	Net Assets — Unrealized appreciation on futures contracts	$	180	*	Net Assets — Unrealized depreciation on futures contracts	$	216	*
	Net Assets — Unrealized appreciation on swap contracts		1,794	†	Net Assets — Unrealized depreciation on swap contracts		1,042	†
Credit contracts	Net Assets — Unrealized appreciation on swap contracts		18	†	Net Assets — Unrealized depreciation on swap contracts		—
Foreign exchange contracts	Unrealized gain on forward foreign currency contracts		4,480		Unrealized loss on forward foreign currency contracts		790
Total Derivatives not accounted for as hedging instruments		$	6,472			$	2,048
Emerging Markets Debt Fund
Interest rate contracts	Net Assets — Unrealized appreciation on swap contracts	$	35	†	Net Assets – Unrealized depreciation on swap contracts	$	275	†
Foreign exchange contracts	Unrealized gain on forward foreign currency contracts		5,075		Unrealized loss on forward foreign currency contracts		3,418
Equity contracts	Net Assets — Unrealized appreciation on swap contracts		238	†	Net Assets — Unrealized depreciation on swap contracts		241	†
	Options purchased, at value		677		Options written, at value		—
Total Derivatives not accounted for as hedging instruments		$	6,025			$	3,934

* Includes cumulative appreciation/(depreciation) on futures contracts as reported in the Summary Schedules of Investments. Only current day’s variation margin is reported within the Statements of Assets & Liabilities.

† Includes cumulative appreciation/(depreciation) on swap contracts as reported in the Summary Schedules of Investments. Market Value is reported within the Statements of Assets & Liabilities for swap contracts that have paid premiums.

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 35

Notes to Financial Statements (Continued)

March 31, 2013 (Unaudited)

The effect of derivative instruments on the Statements of Operations for the six months ended March 31, 2013 is as follows:

Amount of Realized Gain or (Loss) on Derivatives Recognized in Income ($ Thousands):

Derivatives Not Accounted for as Hedging Instruments	Options		Futures			Forward Currency Contracts			Swaps			Total
International Equity Fund
Interest rate contracts	$	—	$	4,612		$	—		$	—		$	4,612
Foreign exchange contracts		—		—			(678	)		—			(678	)
Total	$	—	$	4,612		$	(678	)	$	—		$	3,934
International Fixed Income Fund
Interest rate contracts	$	—	$	431		$	—		$	673		$	1,104
Foreign exchange contracts		—		—			21,478			—			21,478
Credit contracts		—		—			—			(11	)		(11	)
Total	$	—	$	431		$	21,478		$	662		$	22,571
Emerging Markets Debt Fund
Interest rate contracts	$	—	$	(7	)	$	—		$	128		$	121
Foreign exchange contracts		—		—			5,519			—			5,519
Equity contracts		—		—			—			6,529			6,529
Total	$	—	$	(7	)	$	5,519		$	6,657		$	12,169

Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income ($ Thousands):

Derivatives Not Accounted for as Hedging Instruments	Options		Futures			Forward Currency Contracts			Swaps			Total
International Equity Fund
Interest rate contracts	$	—	$	649		$	—		$	—		$	649
Foreign exchange contracts		—		—			391			—			391
Total	$	—	$	649		$	391		$	—		$	1,040
International Fixed Income Fund
Interest rate contracts	$	—	$	87		$	—		$	(652	)	$	(565	)
Foreign exchange contracts		—		—			5,642			—			5,642
Credit contracts		—		—			—			18			18
Total	$	—	$	87		$	5,642		$	(634	)	$	5,095
Emerging Markets Debt Fund
Interest rate contracts	$	—	$	(21	)	$	—		$	(246	)	$	(267	)
Foreign exchange contracts		301		—			(1,200	)		—			(899	)
Equity contracts		—		—			—			(1,638	)		(1,638	)
Total	$	301	$	(21	)	$	(1,200	)	$	(1,884	)	$	(2,804	)

Certain Funds are party to International Swap Dealers Association, Inc. Master Agreements (“ISDA Master Agreements”). These agreements are with select counterparties and they govern transactions, including

certain over-the counter derivative and foreign exchange contracts, entered into by the Trust on behalf of a Fund and the counterparty.

The ISDA Master Agreements maintain provisions for general obligations, representations, agreements, collateral, and events of default or termination. The occurrence of a specified event of termination may give a counterparty the right to terminate all of its contracts and affect settlement of all outstanding transactions under the applicable ISDA Master Agreement.

36 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

4. INVESTMENT ADVISORY, ADMINISTRATION AND DISTRIBUTION AGREEMENTS, INVESTMENT SUB-ADVISORY AGREEMENTS AND OTHER TRANSACTIONS WITH AFFILIATES

Investment Advisory, Administration and Distribution Agreements — SIMC serves as investment adviser (the “Adviser”) to 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 administrative and transfer agency services to the Funds for annual fees, 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”), serves as each Fund’s Distributor. The Trust has adopted plans under which firms, including the Distributor, that provide shareholder and administrative services may receive compensation therefrom.

Such plans provide fees payable to the Distributor, calculated as a percentage of the average daily net assets attributable to each particular class of each respective fund. Under both the Shareholder Servicing Plan and Administrative Service Plan, the Distributor may retain as profit any difference between the fee it receives and the amount it pays to third parties.

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, Trustees fees and extraordinary expenses not incurred in the ordinary course of the Funds’ business) at a specified level. The voluntary waivers by the Funds’ Adviser, Administrator and/or Distributor are limited to the Funds’ direct operating expenses and, therefore, do not apply to indirect expenses incurred by the Funds, such as acquired fund fees and expenses (AFFE). The waivers are voluntarily and the Funds’ Adviser, Administrator and/or Distributor may discontinue all or part of any of these waivers at any time.

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

	Advisory Fee			Administration Fee			Shareholder Servicing Fee			Administrative Servicing Fee			Voluntary Expense Limitations
International Equity Fund
Class A		0.505	%		0.45	%		0.25	%		—			1.26	%
Class I		0.505	%		0.45	%		0.25	%		0.25	%		1.51	%
Emerging Markets Equity Fund
Class A		1.05	%		0.65	%		0.25	%		—			1.96	%
International Fixed Income Fund
Class A		0.30	%		0.60	%		0.25	%		—			1.02	%*
Emerging Markets Debt Fund
Class A		0.85	%		0.65	%		0.25	%		—			1.36	%

* Prior to February 1, 2012 the expense limitation was contractual.

For the six months ended March 31, 2013, the Distributor retained 100% of both shareholder servicing fees and administrative servicing fees, less the waiver.

Investment Sub-Advisory Agreements — As of March 31, 2013, SIMC has entered into Investment Sub-Advisory Agreements with the following parties:

Investment Sub-Adviser

International Equity Fund

Acadian Asset Management LLC

Causeway Capital Management LLC

del Rey Global Investors LLC

INTECH Investment Management LLC

Neuberger Berman Management LLC

Schroder Investment Management North America, Inc.

Tradewinds Global Investors LLC

Investment Sub-Adviser

Emerging Markets Equity Fund

Delaware Investment Fund Advisers

JO Hambro Capital Management Limited

Kleinwort Benson Investors International Ltd.

Lazard Asset Management LLC

Neuberger Berman Management LLC

PanAgora Asset Management, Inc.

International Fixed Income Fund

AllianceBernstein L.P.

FIL Investment Advisors

Wellington Management Company, LLP

Emerging Markets Debt Fund

Ashmore Investment Management Limited

Stone Harbor Investment Partners LP

Under the investment sub-advisory agreements, each sub-adviser receives an annual fee, paid by SIMC.

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 37

Notes to Financial Statements (Continued)

March 31, 2013 (Unaudited)

Brokerage Commissions Paid to Affiliates — The Distribution Agreement between the Distributor and the Trust provides that the Distributor may receive compensation on fund transactions effected for the Trust in accordance with the rules of the Securities and Exchange Commission (“SEC”). Accordingly, it is expected that fund transactions may result in brokerage commissions being paid to the Distributor. The SEC rules require that such commissions not exceed usual and customary commissions. For the six months ended March 31, 2013, the Distributor received no brokerage commissions.

Fees Paid Indirectly — The Funds may direct certain fund trades to the Distributor who pays a portion of the Fund’s expenses. Accordingly, the expenses reduced, which were used to pay third party expenses, and the effect on the Fund’s expense ratio, as a percentage of the Fund’s average daily net assets for the six months ended March 31, 2013, can be found on the Statement of Operations and Financial Highlights, respectively. During the six months ended March 31, 2013, the Funds did not report any such fees.

Investment in Affiliated Securities — The Funds may invest excess cash in the SEI Daily Income Trust Prime Obligation Fund, an affiliated money market fund. Additionally, the Funds may invest cash collateral from the securities lending program in the SEI Liquidity Fund L.P., also an affiliated fund.

Payment to Affiliates — Certain Officers and Trustees of the Trust are also Officers and/or Trustees of the Administrator, Adviser and/or the Distributor.

The Trust pays each unaffiliated Trustee an annual fee for attendance at quarterly, interim, and committee meetings. The Administrator or the Distributor pays compensation of Officers and affiliated Trustees.

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

Interfund Lending — The SEC has granted an exemption that permits the Trust to participate in an interfund lending program (“the Program”) with existing or future investment companies registered under the 1940 Act that are advised by SIMC (the “SEI Funds”). The Program allows the SEI Funds to lend money to and borrow money from each other for temporary or emergency purposes. Participation in the Program is voluntary for both borrowing and lending funds. Interfund loans may be made only when the rate of interest to be charged is more favorable to the lending fund than an investment in overnight repurchase agreements (“Repo Rate”), and more favorable to the borrowing fund than the rate of interest that would be charged by a bank for short-term borrowings (“Bank Loan Rate”). The Bank Loan Rate will be determined using a formula reviewed annually by the SEI Funds’ Board of Trustees. The interest rate imposed

on interfund loans is the average of the Repo Rate and the Bank Loan Rate. For the six months ended March 31, 2013, the Trust had not participated in the Program.

5. INVESTMENT TRANSACTIONS

The cost of security purchases and the proceeds from the sale of securities, other than temporary cash investments and futures, during the six months ended March 31, 2013, were as follows:

	Purchases ($ Thousands)		Sales and Maturities ($ Thousands)
International Equity Fund
US Government	$	—	$	—
Other		482,569		484,900
Emerging Markets Equity Fund
US Government		—		—
Other		341,528		345,211
International Fixed Income Fund
US Government		2,852		3,524
Other		182,973		156,427
Emerging Markets Debt Fund
US Government		—		—
Other		493,177		347,805

6. FEDERAL TAX INFORMATION:

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

The Funds may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned. The Funds accrue such taxes when the related income is earned.

Dividends from net investment income and distributions from net realized capital gains are determined in accordance with U.S. Federal income tax regulations, which may differ from those amounts determined under GAAP. These differences, which may result in distribution reclassifications, are primarily due to paydown reclassifications, foreign currency transactions, net investment losses, investment in partnerships, swaps and passive foreign investment companies. These book/tax differences are either 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 period that the differences arise.

Accordingly, the following permanent differences, primarily attributable to different treatment for gains and losses on paydowns of mortgage and asset-backed securities for tax purposes, investments in swaps, investments in passive foreign investment companies, investments in partnerships, distribution reclassification, REIT income reclassification, distributions in excess of net investment income and

38 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

foreign currency transactions have been reclassified to/from the following accounts as of September 30, 2012:

	Paid-in Capital ($ Thousands)			Undistributed Net Investment Income/(Loss) ($ Thousands)			Accumulated Realized Gain/ (Loss) ($ Thousands)
International Equity Fund	$	—		$	1,105		$	(1,105	)
Emerging Markets Equity Fund		—			(553	)		553
International Fixed Income Fund		(1,462	)		19,673			(18,211	)
Emerging Markets Debt Fund		—			(1,408	)		1,408

The tax character of dividends and distributions declared during the last two years were as follows:

		Ordinary Income ($ Thousands)		Long-Term Capital Gain ($ Thousands)		Return of Capital ($ Thousands)		Totals ($ Thousands)
International Equity Fund	2012	$	34,761	$	—	$	—	$	34,761
	2011		27,465		—		—		27,465
Emerging Markets Equity Fund	2012		2,183		—		—		2,183
	2011		8,167		—		—		8,167
International Fixed Income Fund	2012		12,225		—		—		12,225
	2011		22,700		—		490		23,190
Emerging Markets Debt Fund	2012		53,538		2,001		—		55,539
	2011		25,140		—		—		25,140

As of September 30, 2012, the components of Distributable Earnings (Accumulated Losses) were as follows:

	Undistributed Ordinary Income ($ Thousands)		Undistributed Long-Term Capital Gain ($ Thousands)		Capital Loss Carryforwards ($ Thousands)			Post October Gains (Losses) ($ Thousands)
International Equity Fund	$	29,975	$	—	$	(1,005,442	)	$	(38,847	)
Emerging Markets Equity Fund		5,483		—		(26,674	)		(53,694	)
International Fixed Income Fund		—		—		(16,081	)		—
Emerging Markets Debt Fund		36,708		37,028		—			—

	Post October Currency Losses ($ Thousands)		Unrealized Appreciation ($ Thousands)		Other Temporary Differences ($ Thousands)			Total Accumulated Gains (Losses) ($ Thousands)
International Equity Fund	$	—	$	18	$	795		$	(1,013,501	)
Emerging Markets Equity Fund		—		1,072		—			(73,813	)
International Fixed Income Fund		—		24,367		(15,530	)		(7,244	)
Emerging Markets Debt Fund		—		76,423		(19,344	)		130,815

Post-October losses represent losses realized on investment transactions from November 1, 2011 through September 30, 2012, that, in accordance with Federal income tax regulations, the Funds defer and treat as having arisen in the following fiscal year. For Federal income

tax purposes, capital carryforwards may be carried forward and applied against future capital gains as follows:

	Expires 2017 ($ Thousands)		Expires 2018 ($ Thousands)		Total Capital Loss Carryforward 09/30/12 ($ Thousands)
International Equity Fund	$	306,282	$	690,357	$	996,639
Emerging Markets Equity Fund		—		19,246		19,246
International Fixed Income Fund		—		16,081		16,081

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

	Short-Term Loss		Long-Term Loss		Total *
International Equity Fund	$	6,750	$	2,053	$	8,803
Emerging Markets Equity Fund		6,697		731		7,428

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

During the year ended September 30, 2012, the following Funds utilized capital loss carryforwards to offset capital gains:

	Amount utilized ($ Thousands)
International Fixed Income Fund	$	4,547
Emerging Markets Debt Fund		749

For Federal income tax purposes, the cost of securities owned at March 31, 2013, and the net realized gains or losses on securities sold for the period were not materially different from amounts reported for financial reporting purposes. These differences are primarily due to investments in partnerships, passive foreign investment companies, defaulted bonds and 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 aggregate gross unrealized appreciation and depreciation on total investments, excluding options purchased, held by the Funds at March 31, 2013, was as follows:

	Federal Tax Cost ($ Thousands)		Aggregate Gross Unrealized Appreciation ($ Thousands)		Aggregate Gross Unrealized Depreciation ($ Thousands)			Net Unrealized Appreciation ($ Thousands)
International Equity Fund	$	1,948,507	$	251,919	$	(112,085	)	$	139,834
Emerging Markets Equity Fund		871,207		160,635		(54,025	)		106,610
International Fixed Income Fund		503,000		14,894		(10,952	)		3,942
Emerging Markets Debt Fund		1,243,771		78,471		(23,699	)		54,772

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 39

Notes to Financial Statements (Concluded)

March 31, 2013 (Unaudited)

Management has analyzed the Funds’ tax positions taken on federal income tax returns for all open tax years and has concluded that as of September 30, 2012, no provision for income tax would be required in the Funds’ financial statements. The Funds’ federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.

7. CONCENTRATION/RISKS

Each Fund invests in securities of foreign issuers in various countries. These investments may involve certain considerations and risks not typically associated with investments in the United States, as a result of, among other factors, the possibility of future political and economic developments and the level of governmental supervision and regulation of securities markets in the respective countries. The market values of the International Fixed Income and Emerging Markets Debt Funds’ investments will change in response to interest rate changes and other factors. During periods of falling interest rates, the values of fixed income securities generally rise. Conversely, during periods of rising interest rates, the values of such securities generally decline. Changes by recognized rating agencies in the ratings of any fixed income security and in the ability of an issuer to make payments of interest and principal may also affect the value of these investments. Also, the ability of the issuers of debt securities held by the International Fixed Income Fund and Emerging Markets Debt Fund to meet their obligations may be affected by economic and political developments in a specific country, industry or region.

Certain securities held by the Funds are valued on the basis of a price provided by a principal market maker. The prices provided by the principal market makers are estimates that may differ from the value that would be realized if the securities were sold. At March 31, 2013, the total value of these securities represented approximately 1.2% of the net assets of the Emerging Markets Debt Fund.

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

8. SECURITIES LENDING

A Fund may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust’s Board of Trustees. These

loans may not exceed 33 1/3% of the total asset value of a Fund (including the loan collateral). No Fund will lend portfolio securities to its Adviser, sub-adviser or their affiliates unless it has applied for and received specific authority to do so from the SEC. Loans of portfolio securities will be fully collateralized by cash. Collateral will be maintained in an amount equal to at least 100% of the current market value of the loaned securities by marking to market daily, although the borrower will be required to deliver collateral between 102% and 105% of the market value of borrowed securities for domestic and foreign securities, respectively. However, due to market fluctuations during the day, the value of securities loaned on a particular day may, during the course of the day, exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior

day’s market fluctuations and the current day’s lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain

risks, including the risk that a Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities.

Cash collateral received in connection with securities lending is invested in short-term investments by the lending agent. These investments may include the SEI Liquidity Fund L.P., and the Fund bears all of the gains and losses on such investment. There is no guarantee that these investments will not lose value.

9. NEW ACCOUNTING PRONOUNCEMENT

In December 2011, the FASB issued a further update to the guidance “Balance Sheet — Disclosures about Offsetting Assets and Liabilities”. The amendments to this standard require an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The amended guidance is effective for interim and annual reporting periods beginning after January 1, 2013. At this time, management is evaluating the implications of this update and its impact on the financial statements has not been determined.

10. SUBSEQUENT EVENTS

Management has evaluated the need for disclosures and/or adjustments resulting from subsequent events. Based on this evaluation, no disclosures and/or adjustments were required to the financial statements as of March 31, 2013.

40 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Disclosure of Fund Expenses (Unaudited)

All mutual funds have operating expenses. As a shareholder of a 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 fund’s gross income and directly reduce your final investment return. These expenses are expressed as a percentage of the fund’s average net assets; this percentage is known as the fund’s expense ratio.

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

The table on this 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 the Fund, to estimate the expenses you paid over that period. Simply divide your actual 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 the fund had an annual 5% return before expenses during the year, but that the expense ratio (Column 3) for the period 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 funds.

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

	Beginning Account Value 10/1/12		Ending Account Value 3/31/13		Annualized Expense Ratios			Expenses Paid During Period*
International Equity Fund
Actual Fund Return
Class A	$	1,000.00	$	1,093.10		1.25	%	$	6.52
Class I		1,000.00		1,091.60		1.50			7.82
Hypothetical 5% Return
Class A	$	1,000.00	$	1,018.70		1.25	%	$	6.29
Class I		1,000.00		1,017.45		1.50			7.54
Emerging Markets Equity Fund
Actual Fund Return
Class A	$	1,000.00	$	1,059.40		1.96	%	$	10.06
Hypothetical 5% Return
Class A	$	1,000.00	$	1,015.16		1.96	%	$	9.85

	Beginning Account Value 10/1/12		Ending Account Value 3/31/13		Annualized Expense Ratios			Expenses Paid During Period*
International Fixed Income Fund
Actual Fund Return
Class A	$	1,000.00	$	1,020.30		1.02	%	$	5.14
Hypothetical 5% Return
Class A	$	1,000.00	$	1,019.85		1.02	%	$	5.14
Emerging Markets Debt Fund
Actual Fund Return
Class A	$	1,000.00	$	1,025.40		1.36	%	$	6.87
Hypothetical 5% Return
Class A	$	1,000.00	$	1,018.15		1.36	%	$	6.84

* Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied by 182/365 (to reflect the one-half year period shown).

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 41

Board of Trustees Considerations in Approving the Funds’ Investment Advisory and Sub-Advisory Agreements (Unaudited)

SEI Institutional International 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 oversees the investment advisory services provided to the series of the Trust (the “Funds”) and may manage the cash portion of the Funds’ assets. Pursuant to separate sub-advisory agreements (the “Sub-Advisory Agreements” and, together with the Advisory Agreement, the “Investment Advisory Agreements”) with SIMC, 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”) are responsible for the day-to-day investment management of 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 these 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.

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 must 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 that are dedicated to considering whether to renew the 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. The Board also receives extensive 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 Fund counsel and independent counsel to the Independent Trustees 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 course 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 and the Sub-Advisers charge the Funds compared with the fees each charge to comparable mutual funds; (vi) the Funds’ overall fees and operating expenses compared with similar mutual funds; (vii) the level of SIMC’s and the Sub-Advisers’ profitability from their Fund-related operations; (viii) SIMC’s and the Sub-Advisers’ compliance systems; (ix) SIMC’s and the Sub-Advisers’ policies on and compliance procedures for personal securities transactions; (x) SIMC’s and the Sub-Advisers’ reputation, expertise and resources in domestic and/or international financial markets; and (xi) the Funds’ performance compared with similar mutual funds.

At the December 4-5, 2012 and the March 26-27, 2013 meetings of the Board of Trustees, the Trustees, including a majority of the Independent Trustees, approved the Investment Advisory Agreements and approved the selection of SIMC and the Sub-Advisers to

42 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

act in their respective capacities for the Funds. The Board’s approval was based on its consideration and evaluation of a variety of specific factors discussed at the meetings and at prior meetings, including:

• the nature, extent and quality of the services provided to the Funds under the Investment Advisory Agreements, including the resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds;

• the Funds’ investment performance and how it compared to that of other comparable mutual funds;

• the Funds’ expenses under each Investment Advisory Agreement and how those expenses compared to those of other comparable mutual funds;

• the profitability of SIMC and the Sub-Advisers and their affiliates with respect to the Funds, including both direct and indirect benefits accruing to SIMC and the Sub-Advisers and their affiliates; and

• the extent to which economies of scale would be realized as the Funds grow and whether fee levels in the Investment Advisory Agreements reflect those economies of scale for the benefit of Fund investors.

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. The Trustees found the level of SIMC’s and each Sub-Adviser’s professional staff and culture of compliance satisfactory. 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 supported renewal of the Investment Advisory Agreements.

Fund Performance. The Board of Trustees considered Fund performance in determining whether to renew the Investment Advisory Agreements. Specifically, the Trustees considered the Funds’ performance relative to their peer groups and appropriate indices/benchmarks in light of total return, yield and market trends. As part of this review, the Trustees considered the composition of each peer group and selection criteria. In evaluating performance, the Trustees considered both market risk and shareholder risk expectations for the Funds. The Trustees found Fund performance satisfactory, and, where performance was below the benchmark, the Trustees were satisfied that appropriate steps were being taken. Following evaluation, the Board concluded that, within the context of its full deliberations, the performance of the Funds supported renewal of the Investment Advisory Agreements.

Fund Expenses. 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 other comparable mutual funds. The Trustees also considered information about average expense ratios of comparable mutual funds in the Funds’ respective peer groups. The Trustees further considered the fact that the comparative fee analysis either showed that the various fees were below average or that there was a reasonable basis for the fee level. Finally, the Trustees considered the effects of SIMC’s voluntary waiver of management and other fees and the Sub-Advisers’ fees to prevent total Fund expenses from exceeding a specified cap and concluded that SIMC and the Sub-Advisers, through waivers, have maintained the Funds’ net operating expenses at competitive levels for their respective distribution channels. 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.

Profitability. With regard to profitability, the Trustees considered all compensation flowing to SIMC and the Sub-Advisers and their affiliates, directly or indirectly. The Trustees considered whether the varied levels of compensation and profitability under the Investment Advisory Agreements and other service agreements were reasonable and justified in light of the quality of all services rendered to the Funds by SIMC and the Sub-Advisers and their affiliates. The Trustees found that profitability was reasonable and that the margin was not increasing despite growth in assets. When considering the profitability of the Sub-Advisers, the Board

SEI Institutional International Trust / Semi-Annual Report / March 31, 2013 43

Board of Trustees Considerations in Approving the Funds’ Investment Advisory and Sub-Advisory Agreements (Unaudited) (Concluded)

took into account the fact that the Sub-Advisers are compensated by SIMC and not by the Funds directly, and such compensation with respect to any Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. 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. The Trustees considered the existence of any economies of scale and whether those 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. Based on this evaluation, the Board concluded that, within the context of its full deliberations, the Funds obtain reasonable benefit from economies of scale.

Based on the Trustees’ deliberation and their evaluation of the information described above, the Board, including all of the Independent Trustees, unanimously approved the continuation 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 their deliberations, the Trustees did not identify any particular information that was all-important or controlling.

44 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

SEI INSTITUTIONAL INTERNATIONAL TRUST SEMI-ANNUAL REPORT MARCH 31, 2013

Robert A. Nesher, Chairman

Trustees

William M. Doran

George J. Sullivan, Jr.

Nina Lesavoy

James M. Williams

Mitchell A. Johnson

Hubert L. Harris, Jr.

Officers

Robert A. Nesher

President and Chief Executive Officer

Peter A. Rodriguez

Controller and Chief Financial Officer

Russell Emery

Chief Compliance Officer

Timothy D. Barto

Vice President, Secretary

Aaron Buser

Vice President, Assistant Secretary

David F. McCann

Vice President, Assistant Secretary

Stephen G. MacRae

Vice President

Edward McCusker

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

KMPG 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 SEI 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)

SEI-F-031 (3/13)

Item 2. Code of Ethics.

Not applicable for semi-annual report.

Item 3. Audit Committee Financial Expert.

Not applicable for semi-annual report.

Item 4. Principal Accountant Fees and Services.

Not applicable for semi-annual report.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Schedule of Investments.

The Schedules of Investments in securities of unaffiliated issuers as of the close of the reporting period for the International Equity Fund, the Emerging Markets Equity Fund, the International Fixed Income Fund and the Emerging Markets Debt Fund are listed below.

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 92.4%
Argentina — 0.0%
Tenaris		2,059	$	42
Australia — 3.0%
Amcor		371,739		3,592
AMP		83,847		455
APA Group		24,950		155
Atlas Iron		1,700,771		1,966
Australia & New Zealand Banking Group		195,428		5,806
Beach Energy		246,347		362
BHP Billiton (USD) ADR		43,900		3,004
Boral		73,582		376
Brambles		488,258		4,307
Caltex Australia		113,756		2,529
CFS Retail Property Trust Group (A)		97,883		205
Coca-Cola Amatil		30,193		458
Cochlear		9,655		684
Commonwealth Bank of Australia		25,837		1,830
Crown		18,923		242
CSL		93,703		5,780
Dexus Property Group (A)		809,351		877
Flight Centre		11,111		389
Goodman Group (A)		339,610		1,691
GPT Group (A)		69,812		270
Iluka Resources		272,900		2,657
Insurance Australia Group		355,370		2,113
Lend Lease		35,129		373
Macquarie Group		21,549		834
Newcrest Mining		353,715		7,385
Qantas Airways*		24,377		45
Ramsay Health Care		25,362		853
RCR Tomlinson		43,127		96
Resolute Mining		73,195		101
Roc Oil*		155,859		81
Sonic Healthcare		4,601		67
Stockland (A)		14,972		57
Suncorp Group		95,446		1,175
Tabcorp Holdings		43,874		148
Tatts Group		297,431		982
Telstra		715,395		3,360
Transurban Group		86,602		575
Treasury Wine Estates		64,879		384
UXC		35,719		46
Wesfarmers		19,089		799
Westfield Group (A)		83,316		941
Westfield Retail Trust (A)		320,891		1,009
Westpac Banking		29,044		930
Woolworths		10,116		356
				60,345
Austria — 0.1%
Andritz		11,892		798
Erste Group Bank		26,470		737
IMMOFINANZ		140,575		532
Oesterreichische Post		4,106		177
Raiffeisen International Bank Holding		10,808		367
Vienna Insurance Group		2,968		144
				2,755

Description	Shares		Market Value ($ Thousands)
Belgium — 1.2%
Ageas		92,215	$	3,118
Anheuser-Busch InBev		56,958		5,640
Belgacom		238,473		5,928
Colruyt		105,151		5,084
KBC Groep		78,600		2,707
Solvay		493		67
UCB		19,586		1,250
				23,794
Bosnia and Herzegovina — 0.1%
Axis Capital Holdings		65,521		2,727
Brazil — 0.3%
Banco Santander Brasil ADR		234,963		1,706
Centrais Eletricas Brasileiras		75,600		261
Centrais Eletricas Brasileiras ADR		53,720		184
Fibria Celulose ADR*(B)		191,754		2,314
Telefonica Brasil ADR		27,576		736
				5,201
Canada — 3.3%
Agrium (B)		29,400		2,866
Atrium Innovations*		3,200		38
Bank of Nova Scotia		52,400		3,048
Barrick Gold		260,125		7,648
Cameco		163,928		3,406
Canadian Pacific Railway (B)		32,030		4,178
Cenovus Energy		79,046		2,447
Dollarama		69,900		4,487
Imperial Oil		87,500		3,575
Kinross Gold		671,224		5,323
Magna International, Cl A		74,600		4,381
New Gold*		464,100		4,220
Quebecor, Cl B (B)		5,500		233
Silver Wheaton		147,500		4,616
Suncor Energy		276,047		8,275
Superior Plus		6,500		76
Talisman Energy		212,856		2,608
Toronto-Dominion Bank		69,031		5,746
				67,171
Chile — 0.2%
Sociedad Quimica y Minera de Chile ADR		71,500		3,965
China — 0.4%
Agricultural Bank of China		204,000		98
Bank of China		3,417,000		1,584
Huaneng Power International*		3,498,600		3,732
Industrial & Commercial Bank of China		4,155,000		2,912
				8,326
Colombia — 0.1%
Ecopetrol ADR (B)		44,500		2,426
Denmark — 0.8%
AP Moeller - Maersk, Cl B		102		796
Carlsberg, Cl B		3,594		350
Coloplast, Cl B		20,945		1,126
Jyske Bank*		112,431		3,827
Novo Nordisk, Cl B		31,997		5,198
Tryg		55,460		4,475

1 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
			$	15,772
Finland — 0.3%
Huhtamaki		7,436		146
Kone, Cl B		9,695		762
Metsa Board, Cl B		12,901		38
Neste Oil		16,993		240
Orion, Cl B		16,508		433
Pohjola Bank, Cl A		21,824		317
Sampo, Cl A		21,835		840
Stora Enso, Cl R		511,758		3,303
Tieto		15,404		326
Wartsila, Cl B		2,787		125
				6,530
France — 9.9%
Air France-KLM*		18,522		175
Alstom		45,048		1,833
Areva*		79,082		1,168
Arkema		112,875		10,267
Assystem*		2,058		43
AtoS*		4,133		284
AXA		326,177		5,606
BNP Paribas		324,022		16,629
Boiron*		1,900		98
Bureau Veritas*		5,585		695
Carrefour		158,480		4,338
Cie Generale des Etablissements-Michelin, Cl B		18,055		1,510
Cie Generale d’Optique Essilor International		76,264		8,480
CNP Assurances		9,436		129
Compagnie Generale de Geophysique-Veritas*		24,987		563
Credit Agricole*		254,703		2,098
Danone		36,700		2,553
Dassault Systemes		1,904		220
Electricite de France		111,632		2,141
Eurazeo		3,413		173
Eutelsat Communications		117,109		4,129
Fonciere Des Regions (A)		500		39
Gecina (A)		3,988		463
Iliad*		2,886		614
Klepierre (A)		10,435		410
Lafarge		30,133		2,002
Legrand		165,298		7,208
L’Oreal		39,208		6,216
LVMH Moet Hennessy Louis Vuitton		30,972		5,315
Nexity*		5,300		182
Pernod-Ricard		26,889		3,350
PPR		23,426		5,146
Remy Cointreau		301		35
Renault		18,931		1,186
Rexel		329,112		7,182
Safran		182,305		8,130
Sanofi		405,180		41,167
Schneider Electric		251,025		18,339
SES		18,349		575
Societe BIC		138		16
Societe Generale		43,746		1,437
Sodexo		83,999		7,827
Technip		47,628		4,882
Teleperformance*		4,248		181

Description	Shares		Market Value ($ Thousands)
Thales		52,901	$	2,237
Total		160,346		7,677
Unibail-Rodamco (A)		2,405		560
Valeo		6,844		370
Vallourec		43,965		2,113
Vivendi		103,005		2,128
Wendel*		4,929		522
				200,641
Germany — 8.3%
Adidas		58,838		6,104
Allianz		17,793		2,416
BASF		51,962		4,550
Bayer		123,757		12,764
Bayerische Motoren Werke		4,405		380
Beiersdorf		339		31
Borussia Dortmund GmbH & KGaA		22,765		96
Brenntag		44,508		6,948
CENTROTEC Sustainable		1,890		36
Commerzbank*		809,800		1,189
Continental		68,771		8,221
Daimler		240,659		13,092
Deutsche Bank		37,161		1,449
Deutsche Boerse		163,379		9,893
Deutsche Lufthansa*		221,896		4,333
Deutsche Post		216,089		4,978
Deutsche Telekom		6,472		68
E.ON		4,007		70
Freenet		7,625		185
Fresenius		3,348		413
Fresenius Medical Care		28,843		1,946
GEA Group		187,253		6,171
Grammer		6,818		190
Hannover Rueckversicherung		11,692		917
HeidelbergCement		63,397		4,555
Henkel		17,853		1,410
Infineon Technologies		784,286		6,192
Kabel Deutschland Holding		11,804		1,089
Lanxess		10,830		768
Linde		87,380		16,245
Merck		12,032		1,815
Muenchener Rueckversicherungs		51,184		9,572
RWE		1,643		61
SAP		72,704		5,824
SAP ADR		49,900		4,019
Siemens		154,523		16,642
Suedzucker		34,297		1,449
Symrise		166,749		6,606
Telefonica Deutschland Holding*		826,191		6,324
ThyssenKrupp*		5,187		106
Volkswagen		705		133
				169,250
Greece — 0.0%
Hellenic Telecommunications Organization*		9,304		56
Hong Kong — 3.4%
AIA Group		2,021,200		8,853
BOC Hong Kong Holdings		199,500		666
Cathay Pacific Airways		108,000		185
Chaoda Modern Agriculture*(C)		2,440,000		346

2 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
Cheung Kong Holdings		26,000	$	384
China Merchants Holdings International		582,000		1,908
China Mobile ADR		133,900		7,114
China Mobile		397,500		4,209
CLP Holdings		151,000		1,323
CNOOC		3,194,000		6,139
First Pacific		678,000		919
Galaxy Entertainment Group*		409,000		1,707
Hang Seng Bank		25,900		415
Henderson Land Development		191,000		1,307
HKT Trust		417,000		417
Hong Kong & China Gas		185,600		542
Hongkong Land Holdings		752,000		5,572
Hopewell Holdings		127,500		517
Hutchison Whampoa		22,500		234
Hysan Development		111,000		561
Jardine Matheson Holdings		65,500		4,264
Jardine Strategic Holdings		221,610		8,771
Kerry Properties		86,000		382
MTR		26,500		105
New World Development		791,000		1,339
Power Assets Holdings		49,500		467
SJM Holdings		144,000		359
Sun Hung Kai Properties		33,000		445
Swire Pacific, Cl A		19,000		242
Swire Properties		121,600		432
Wharf Holdings		181,000		1,613
Wheelock		224,000		1,193
Yue Yuen Industrial Holdings		1,621,500		5,285
				68,215
India — 0.3%
Idea Cellular*		3,167,700		6,638
Indonesia — 0.2%
Bank Mandiri		3,516,400		3,619
Telekomunikasi Indonesia ADR		4,687		211
Telekomunikasi Indonesia		312,000		353
				4,183
Ireland — 0.8%
CRH		4,302		95
Experian		339,392		5,878
James Hardie Industries		98,311		1,025
Kerry Group, Cl A		6,721		401
Ryanair Holdings ADR		132,700		5,544
Smurfit Kappa Group		210,653		3,453
				16,396
Israel — 1.1%
Bank Hapoalim*		25,251		115
Bezeq Israeli Telecommunication		3,418,960		4,742
Check Point Software Technologies*		253,860		11,929
Israel Chemicals		869		11
Mellanox Technologies*		4,708		261
Teva Pharmaceutical Industries ADR		153,556		6,093
				23,151
Italy — 0.8%
Assicurazioni Generali		4,992		78
Atlantia		24,716		390
Banco Popolare Scarl*		48,420		61

Description	Shares		Market Value ($ Thousands)
Enel		570,498	$	1,862
Eni		1,124		25
ERG		136,728		1,244
Exor		32,713		914
Fiat*		97,533		519
Fiat Industrial		9,398		106
Finmeccanica*		336,167		1,616
Intesa Sanpaolo		740,372		1,084
Luxottica Group		2,028		102
Mediobanca		91,886		467
Prysmian		5,190		107
Snam Rete Gas		1,035,899		4,721
Telecom Italia RNC		5,370,655		3,304
UniCredit		41,990		179
Unione di Banche Italiane		15,048		55
				16,834
Japan — 15.8%
AEON Financial Service (B)		12,000		341
Aeon Mall		13,000		394
Ajinomoto		3,000		45
Alfresa Holdings		7,100		384
Alpen		14,700		276
Aoyama Trading		5,300		133
Arcland Sakamoto		12,800		225
Arnest One		10,600		209
Asics		30,100		504
Astellas Pharma		157,800		8,481
Bank of Yokohama		338,000		1,957
Belluna		6,800		62
Benesse		41,000		1,761
Best Bridal		65		97
Bridgestone		294,500		9,916
CAC		4,700		42
Calsonic Kansei		199,000		894
Canon Marketing Japan		5,800		85
Casio Computer		53,700		413
Central Japan Railway		34,700		3,656
Chiyoda		37,000		412
Chugai Pharmaceutical		39,500		895
Credit Saison		16,100		401
Dai Nippon Printing (B)		479,600		4,513
Daicel		92,000		729
Daihatsu Motor		49,000		1,016
Daiichi Sankyo		89,400		1,723
Daiichikosho		4,600		123
Daikyo		175,000		608
Dainippon Sumitomo Pharma		105,900		1,974
Daito Trust Construction		32,000		2,726
Daiwa House Industry		220,000		4,253
Daiwa Securities Group		166,000		1,157
Denso		1,300		55
Doutor Nichires Holdings		6,200		91
Dydo Drinco		4,400		204
Eisai		100		4
FamilyMart		3,900		180
Fanuc		83,700		12,882
Fast Retailing		1,000		326
Fuji Film Holdings		294,900		5,751
Fuji Heavy Industries		110,000		1,707
Fuji Soft		7,600		181
Fujishoji		42		51
Fujitsu		228,000		940

3 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
Fukuda Denshi		1,300	$	47
Geo Holdings		200		252
Grandy House		16,800		65
Hachijuni Bank		231,000		1,396
Hankyu Hanshin Holdings		184,000		1,112
Hino Motors		341,000		3,658
Hirose Electric		400		54
HIS		12,100		549
Hisamitsu Pharmaceutical		12,100		661
Hitachi		1,071,000		6,177
Hulic		51,300		421
IHI		304,000		923
Iida Home Max		30,600		552
Infocom		32		55
IT Holdings		56,400		745
Iwatani		13,000		60
J Front Retailing		8,000		62
Japan Airlines		11,400		529
Japan Exchange Group		1,000		91
Japan Prime Realty Investment, Cl A (A)		35		139
Japan Real Estate Investment, Cl A (A)		16		219
Japan Retail Fund Investment, Cl A (A)		384		947
Japan Steel Works		268,000		1,426
Japan Tobacco		4,100		131
JGC		271,200		6,853
Jupiter Telecommunications*		8,833		11,587
Juroku Bank		11,000		45
Kamei		5,000		53
Kandenko		10,000		46
Kanematsu*		158,000		206
Kanematsu Electronics		6,100		75
Kansai Paint		380,300		4,225
Kao		92,400		3,023
KDDI (B)		229,400		9,429
Keio		8,000		69
Keisei Electric Railway		24,000		256
Keyence		23,400		7,116
Kikkoman		11,000		194
Kinki Sharyo (B)		37,000		120
Kita-Nippon Bank		1,700		44
Kubota		31,000		441
Kyowa Exeo		8,500		90
Lawson		6,300		485
LIXIL Group		5,300		105
Mabuchi Motor (B)		166,200		8,985
Makita		48,700		2,211
Marubeni		11,000		82
Mazda Motor*		38,000		113
Medipal Holdings		4,500		64
Miraca Holdings		2,800		136
Misawa Homes		24,600		381
Mitsubishi Estate		18,000		496
Mitsubishi Logistics		18,000		334
Mitsubishi Materials		17,000		48
Mitsubishi UFJ Financial Group		7,400		44
Mitsui Fudosan		40,000		1,121
Mitsui High-Tec		6,200		44
Mitsui Home		8,000		42
Mizuho Financial Group		43,700		92

Description	Shares		Market Value ($ Thousands)
MS&AD Insurance Group Holdings		268,900	$	5,901
Namco Bandai Holdings		37,000		654
NEC Fielding		9,800		124
NEC Mobiling		1,200		79
NEC Networks & System Integration		17,900		352
Nichireki		6,289		42
Nihon Unisys (B)		17,700		154
Nintendo		46,200		4,961
Nippo		35,000		425
Nippon Building Fund, Cl A (A)		23		318
Nippon Densetsu Kogyo		5,000		52
Nippon Road		9,000		39
Nippon Telegraph & Telephone		210,800		9,191
Nippon Telegraph & Telephone ADR		164,263		3,571
Nishimatsu Construction		24,000		39
Nissan Tokyo Sales Holdings		22,000		76
Nisshin Fudosan		13,200		100
Nitto Denko		11,700		692
Nomura Holdings		179,100		1,098
Nomura Real Estate Holdings		69,200		1,532
North Pacific Bank		390,800		1,316
NTT Data		139		463
Nuflare Technology		11		68
Obayashi		10,000		48
Odakyu Electric Railway		4,000		50
Oita Bank		16,000		60
Olympus*		1,800		42
Ono Pharmaceutical		1,200		73
Oracle Japan		4,800		217
Oriental Land		3,000		488
ORIX		8,500		107
Otsuka		1,100		119
Otsuka Holdings		54,100		1,896
Panasonic*		204,900		1,423
Park24		13,100		257
Relo Holdings		1,400		60
Ricoh		19,000		203
Rohm		66,200		2,426
Round One		6,500		47
Sankyo		104,300		4,935
Santen Pharmaceutical		1,400		66
Secom		73,700		3,797
Seino Holdings		90,000		778
Sekisui Chemical		594,000		6,511
Sekisui House		222,000		3,016
Sekisui Jushi		5,000		64
Seven & I Holdings		337,700		11,173
Shidax		6,900		36
Shimano		4,600		388
Shin-Etsu Chemical		135,200		8,975
Shinko Shoji		5,000		47
Shinmaywa Industries		15,000		118
Shionogi		24,300		501
Shiseido		407,200		5,739
Showa		39,300		418
SKY Perfect JSAT Holdings		196		92
SMC (B)		87,900		16,973
Softbank		103,000		4,748
Sojitz		370,700		571

4 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
Sony Financial Holdings		207,500	$	3,107
Sumitomo Forestry		15,700		169
Sumitomo Mitsui Financial Group		282,700		11,335
Sumitomo Mitsui Trust Holdings		1,161,220		5,464
Sumitomo Realty & Development		48,000		1,833
Suruga Bank		33,000		532
Suzuken		23,800		885
Suzuki Motor		233,400		5,233
Sysmex		13,600		836
T&D Holdings		2,600		31
Tobu Railway		36,000		205
Toho Gas		9,000		59
Toho Holdings		45,100		1,042
Tokai		2,800		86
Token		860		58
Tokyo Electron		79,600		3,521
Tokyu Land		80,000		745
Topre		4,100		41
Torii Pharmaceutical		1,700		41
Toshiba TEC		108,000		637
Toyoda Gosei		7,600		176
Toyota Motor		349,800		18,057
Toyota Motor ADR		25,066		2,573
Toyota Tsusho		42,600		1,104
TS Tech		7,100		202
Tsumura		10,900		402
Wacoal Holdings		197,704		2,127
Warabeya Nichiyo		13,300		217
Watabe Wedding		6,395		51
Yahoo Japan		409		188
Yakult Honsha (B)		24,400		986
Yamazen		7,600		50
Yellow Hat		12,500		194
Yokogawa Electric		39,700		399
Yuasa Trading		38,000		81
				322,079
Malta — 0.0%
BGP Holdings*		198,683		—
Mexico — 0.0%
Grupo Financiero Banorte, Cl O		70,100		560
Netherlands — 4.6%
Aegon		105,711		636
Akzo Nobel		298,975		18,976
ASML Holding		65,736		4,421
Boskalis Westminster		1,288		51
European Aeronautic Defence and Space		75,342		3,834
Gemalto		18,312		1,597
Heineken		78,076		5,884
ING Groep		459,224		3,259
Koninklijke Ahold		636,066		9,746
Koninklijke Philips Electronics		29,712		879
Koninklijke Vopak		13,437		810
PostNL*		881,986		1,764
QIAGEN*		2,374		49
Reed Elsevier		843,161		14,443
TNT Express		932,557		6,835
Unilever		325,500		13,332
Wolters Kluwer		342,470		7,477
Ziggo		2,620		92

Description	Shares		Market Value ($ Thousands)
			$	94,085
New Zealand — 0.1%
Contact Energy		63,551		303
Fletcher Building		136,007		975
Telecom of New Zealand		471,204		923
				2,201
Norway — 1.5%
Aker Solutions		2,672		50
DnB		961,047		14,090
Gjensidige Forsikring		34,141		563
Orkla		412,717		3,299
Seadrill		54,455		1,973
Statoil		394,901		9,545
Telenor		5,339		117
				29,637
Portugal — 0.1%
Energias de Portugal*		198,895		612
Galp Energia, Cl B		25,039		392
				1,004
Russia — 0.7%
Gazprom ADR		273,651		2,326
NovaTek GDR		20,703		2,232
Sberbank of Russia ADR		752,179		9,590
Surgutneftegas ADR		8,414		75
				14,223
Singapore — 1.3%
Breadtalk Group*		65,000		49
CapitaCommercial Trust (A)		442,000		565
CapitaLand		364,000		1,036
City Developments		16,000		146
ComfortDelgro		311,000		479
DBS Group Holdings		339,000		4,372
Jardine Cycle & Carriage		1,000		41
Keppel (B)		179,110		1,617
Keppel Land		166,000		527
Oversea-Chinese Banking		43,000		369
SembCorp Industries		816,600		3,416
SembCorp Marine (B)		1,240,000		4,428
Singapore Airlines		426,000		3,733
Singapore Land		6,000		45
Singapore Technologies Engineering (B)		254,000		882
Singapore Telecommunications		44,000		127
STATS ChipPAC*		236,000		86
United Overseas Bank		275,000		4,518
UOL Group		98,000		551
				26,987
South Africa — 0.3%
AngloGold Ashanti ADR		113,073		2,663
Gold Fields		240,927		1,839
Impala Platinum Holdings		61,491		906
Liberty Holdings (B)		10,745		140
				5,548
South Korea — 1.8%
Hyundai Motor*		34,558		6,958
Jeonbuk Bank		10,290		52
KB Financial Group ADR		56,137		1,855
KT ADR		279,600		4,392
KT&G		84,776		5,837
LG Display*		62,160		1,782

5 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
Meritz Finance Group*		22,180	$	80
Samsung Electronics		9,173		12,590
SK Telecom ADR		155,597		2,780
				36,326
Spain — 0.9%
Acciona		861		47
Amadeus IT Holding, Cl A*		49,169		1,328
Banco Popular Espanol*		2,034,164		1,507
Distribuidora Internacional de Alimentacion*		133,296		922
Enagas*		21,738		506
Endesa*		8,158		172
Ferrovial		54,391		863
Gas Natural		16,554		293
Grifols*		29,637		1,099
Iberdrola		10,838		51
Inditex		4,872		646
Indra Sistemas*		424,772		5,063
Red Electrica		2,622		132
Tecnicas Reunidas*		122,198		5,725
Zardoya Otis		4,372		58
				18,412
Sweden — 2.3%
Assa Abloy, Cl B		31,254		1,276
Atlas Copco, Cl B		603		15
Boliden		16,775		270
Electrolux, Ser B		93,409		2,377
Elekta, Cl B		385,155		5,849
Getinge, Cl B		9,401		287
Hexagon, Cl B		27,335		745
Investor, Cl B		6,088		176
Lundin Petroleum*		13,964		302
Nordea Bank		651,431		7,378
Sandvik		380,719		5,854
Skandinaviska Enskilda Banken, Cl A		522,498		5,248
Svenska Cellulosa, Cl B		14,711		379
Svenska Handelsbanken, Cl A		30,556		1,306
Swedbank, Cl A		125,552		2,856
Swedish Match		7,922		246
Telefonaktiebolaget LM Ericsson, Cl B		799,138		9,958
Telefonaktiebolaget LM Ericsson ADR		169,555		2,136
				46,658
Switzerland — 9.3%
Actelion		6,494		353
Adecco		878		48
Baloise Holding		6,426		601
Compagnie Financiere Richemont		15,061		1,181
Credit Suisse Group		382,586		10,033
EMS-Chemie Holding		1,471		442
Georg Fischer		646		273
Givaudan		13,281		16,303
Holcim		1,477		118
Julius Baer Group		145,359		5,649
Nestle		318,040		22,986
Novartis		326,185		23,163
OC Oerlikon		157,324		1,863
Partners Group Holding		19,438		4,795
Roche Holding		154,046		35,842

Description	Shares		Market Value ($ Thousands)
Schindler Holding		359	$	51
Schindler Holding PC		881		129
Schweiter Technologies		76		47
SGS		4,654		11,407
Sika		2,537		6,159
Sulzer		56,389		9,629
Swiss Life Holding		15,816		2,343
Swiss Re		27,389		2,226
Syngenta		17,116		7,136
UBS		199,112		3,064
UBS Foreign		522,313		8,001
Weatherford International*		173,012		2,100
Zurich Insurance Group		48,573		13,511
				189,453
Taiwan — 0.1%
Hon Hai Precision Industry GDR		22,507		125
United Microelectronics ADR		597,019		1,075
				1,200
Thailand — 0.0%
Krung Thai Bank		390,300		333
Turkey — 0.1%
Turkiye Is Bankasi, Cl C		362,755		1,395
United Kingdom — 17.9%
3i Group		126,372		607
Aberdeen Asset Management		184,071		1,200
Afren*		1,690,400		3,642
Aggreko		16,236		440
Amlin		991,919		6,382
Antofagasta		17,736		265
ARM Holdings		21,524		301
Associated British Foods		62,740		1,812
AstraZeneca		94,049		4,715
Aviva		1,249,861		5,625
Babcock International Group		67,749		1,120
BAE Systems		931,421		5,580
Balfour Beatty		1,475,971		5,265
Barclays		3,070,768		13,584
Barratt Developments*		199,925		833
Berendsen		22,894		273
BG Group		1,003,665		17,216
BHP Billiton		401,804		11,691
BP ADR		68,252		2,890
BP		826,512		5,775
British American Tobacco		236,142		12,654
British Land (A)		53,180		439
British Sky Broadcasting Group		4,321		58
BT Group, Cl A		537,997		2,272
Bunzl		371,034		7,300
Cairn Energy*		33,459		139
Capita		420,414		5,742
Carnival		16,813		589
Centrica		1,152,573		6,439
Compass Group		87,647		1,119
Cranswick		3,030		45
Croda International		324		13
Diageo		295,966		9,331
EnQuest*		47,528		104
Eurasian Natural Resources		163,115		610
Fresnillo		17,612		363

6 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
GlaxoSmithKline		142,432	$	3,329
Hammerson (A)		84,691		633
Hargreaves Lansdown		39,667		523
Home Retail Group		3,125,201		7,369
HSBC Holdings (B)		1,793,788		19,048
ICAP		722,600		3,188
IMI		4,151		82
Imperial Tobacco Group		112,703		3,937
Informa		400,503		3,204
Inmarsat		89,350		954
InterContinental Hotels Group		38,372		1,170
Intertek Group		30,983		1,597
ITV		489,463		962
J Sainsbury		168,904		971
Johnson Matthey		40,414		1,412
Kazakhmys		111,185		663
Kingfisher		30,992		136
Land Securities Group (A)		61,883		779
Legal & General Group		615,761		1,616
Lloyds Banking Group*		5,635,255		4,169
London Stock Exchange Group		1,018		20
Marks & Spencer Group		9,539		57
Meggitt (B)		1,628		12
Michael Page International		481,352		3,085
Micro Focus International		26,141		272
Mondi		75,860		1,030
National Grid		37,919		441
Next		31,382		2,082
Novae Group		5,008		35
Old Mutual		430,658		1,326
Pearson		24,165		435
Persimmon		20,741		337
Petrofac		546,001		11,888
Premier Oil*		782,626		4,622
Prudential		567,068		9,176
QinetiQ Group		261,900		825
Randgold Resources		3,554		307
Reed Elsevier		598,820		7,106
Rexam		734,978		5,890
Rio Tinto		240,567		11,276
Rolls-Royce Holdings		422,714		7,257
Royal Bank of Scotland Group*		112,455		471
Royal Dutch Shell, Cl A		405,667		13,109
Royal Dutch Shell, Cl B		150,818		5,007
Royal Dutch Shell ADR, Cl B		41,890		2,799
SABMiller		136,295		7,173
Sage Group		6,158		32
Schroders		16,551		530
Serco Group		5,408		52
Severn Trent		2,636		69
Shire		242,151		7,373
SSE		4,024		91
Standard Life		436,804		2,424
Subsea 7		230,475		5,385
Tate & Lyle		9,166		118
Taylor Wimpey		179,659		248
Tesco		2,613,897		15,153
Tullow Oil		233,575		4,369
Unilever		167,042		7,066
United Utilities Group		56,709		610
Vodafone Group		4,992,620		14,155
Weir Group		4,527		156

Description	Shares/Face Amount ($ Thousands)		Market Value ($ Thousands)
Whitbread		36,376	$	1,419
William Hill		209,849		1,179
Willis Group Holdings		139,700		5,517
Wolseley		48,651		2,419
WPP		511,316		8,149
				364,727
United States — 1.0%
Alon USA Energy		20,573		392
Autoliv (B)		43,900		3,035
Calamos Asset Management, Cl A		12,204		144
Cambrex*		6,923		89
Cognizant Technology Solutions ADR, Cl A*		42,200		3,233
Computer Sciences		63,635		3,133
Delek US Holdings		3,208		127
John B Sanfilippo & Son		2,229		45
Magnachip Semiconductor*		7,654		132
Manpower		25,236		1,431
Marathon Petroleum		5,121		459
Newmont Mining		94,700		3,967
Photronics*		7,054		47
Republic Airways Holdings*		17,467		202
Tesoro		35,321		2,068
Town Sports International Holdings		4,210		40
Unisys*		7,054		160
Valero Energy		47,932		2,180
Western Refining		1,475		52
				20,936
Total Common Stock (Cost $1,741,160) ($ Thousands)				1,880,182
PREFERRED STOCK — 0.6%
Brazil — 0.0%
Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR		22,725		1,210
Germany — 0.6%
Draegerwerk		2,624		339
Henkel		36,065		3,471
Porsche		2,981		218
ProSiebenSat.1 Media		18,675		667
Sto		314		48
Volkswagen		34,305		6,815
				11,558
Total Preferred Stock (Cost $11,956) ($ Thousands)				12,768
U.S. TREASURY OBLIGATIONS (D)(E) — 0.3%
U.S. Treasury Bills
0.083%, 06/27/2013	$	5,152		5,151
0.064%, 07/25/2013		310		310
Total U.S. Treasury Obligations (Cost $5,461) ($ Thousands)				5,461
AFFILIATED PARTNERSHIP — 2.4%
SEI Liquidity Fund, L.P.
0.120% †**(F)		48,764,708		48,765
Total Affiliated Partnership (Cost $48,765) ($ Thousands)				48,765

7 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Equity Fund

March 31, 2013

Description	Shares/Face Amount (1) (Thousands)		Market Value ($ Thousands)
CASH EQUIVALENT — 4.7%
SEI Daily Income Trust, Prime Obligation Fund, Cl A 0.020% †**		94,909,952	$	94,910
Total Cash Equivalent (Cost $94,910) ($ Thousands)				94,910
TIME DEPOSITS — 2.3%
United States — 2.3%
Brown Brothers Harriman
4.150%, 04/01/2013	ZAR	16		2
2.070%, 04/01/2013	AUD	248		258
1.450%, 04/01/2013	NZD	238		199
0.650%, 04/01/2013	NOK	717		123
0.233%, 04/01/2013	CAD	2		2
0.071%, 04/01/2013	GBP	761		1,156
0.050%, 04/01/2013	SEK	1,337		205
0.030%, 04/01/2013		38,865		38,865
0.010%, 04/01/2013	SGD	9		7
0.005%, 04/01/2013	JPY	242,955		2,580
0.005%, 04/01/2013	HKD	7,773		1,001
0.001%, 04/01/2013	CHF	1,188		1,251
(0.028)%, 04/01/2013	EUR	403		517
(0.150)%, 04/01/2013	DKK	517		89
Total Time Deposits (Cost $46,255) ($ Thousands)				46,255
Total Investments — 102.7% (Cost $1,948,507) ($ Thousands)			$	2,088,341

A list of the open futures contracts held by the Fund at March 31, 2013, is as follows:

Type of Contract	Number of Contracts Long		Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
DJ Euro Stoxx 50 Index		1,010		Jun-2013	$	(888	)
FTSE 100 Index		305		Jun-2013		(93	)
Hang Seng Index		36		Apr-2013		27
SPI 200 Index		83		Jun-2013		(193	)
Topix Index		198		Jun-2013		776
					$	(371	)

For the six months ended March 31, 2013, 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 a Net Assets of $2,034,441 ($ Thousands).

* Non-income producing security.

** Rate shown is the 7-day effective yield as of March 31, 2013.

† Investment in Affiliated Security.

(1) In U.S. dollars unless otherwise indicated.

(A) Real Estate Investment Trust.

(B) This security or a partial position of this security is on loan at March 31, 2013. The total market value of securities on loan at March 31, 2013 was $42,386 ($ Thousands) (See Note 8).

(C) Securities considered illiquid. The total market value of such securities as of March 31, 2013 was $346 ($ Thousands) and represented 0.0% of Net Assets.

(D) All or a portion of this security has been pledged as collateral for open futures contracts.

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

(F) This security was purchased with cash collateral held from securities on loan (see Note 8). The total value of such securities as of March 31, 2013 was $48,765 ($ Thousands).

ADR — American Depositary Receipt

AUD — Australian Dollar

CAD — Canadian Dollar

CHF — Swiss Franc

Cl — Class

DJ — Dow Jones

DKK — Danish Krone

EUR — Euro

FTSE — Financial Times and the London Stock Exchange

GBP — British Pound Sterling

GDR — Global Depositary Receipt

HKD — Hong Kong Dollar

JPY — Japanese Yen

L.P. — Limited Partnership

NOK — Norwegian Krone

NZD — New Zealand Dollar

SEK — Swedish Krone

SGD — Singapore Dollar

Ser — Series

SPI — Share Price Index

USD — U.S. Dollar

ZAR — South African Rand

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3(1)		Total
Common Stock	$	1,879,836	$	—	$	346	$	1,880,182
Preferred Stock		12,768		—		—		12,768
U.S. Treasury Obligations		—		5,461		—		5,461
Affiliated Partnership		—		48,765		—		48,765
Cash Equivalent		94,910		—		—		94,910
Time Deposits		—		46,255		—		46,255
Total Investments in Securities	$	1,987,514	$	100,481	$	346	$	2,088,341

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts*	$	(371	)	$	—	$	—	$	(371	)

⁽¹⁾ A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets.

* Futures contracts are valued at the unrealized depreciation on the instrument.

For the six months ended March 31, 2013, there were transfers between Level 1 and Level 2 assets and liabilities. The primary reason for changes in the classifications between Levels 1 and 2 occurs when foreign equity securities are fair valued using other observable market-based inputs in place of the closing exchange price due to events occurring after the close of the exchange or market on which the investment is principally traded.

For the six months ended March 31, 2013, there were no transfers from Level 2 into Level 3 assets and liabilities.

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

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

8 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 89.7%
Argentina — 0.2%
Tenaris ADR		26,540	$	1,082
YPF ADR		50,800		726
				1,808
Austria — 0.1%
Erste Group Bank		34,270		954
Belgium — 0.2%
KBC Groep		50,471		1,738
Brazil — 8.1%
All America Latina Logistica		298,499		1,491
Arteris		114,516		1,286
B2W Cia Global Do Varejo*		117,300		864
Banco Bradesco ADR		263,874		4,491
Banco do Brasil		336,180		4,564
Banco Santander Brasil		185,911		1,343
Banco Santander Brasil ADR		219,415		1,593
BM&FBovespa		624,984		4,216
BR Malls Participacoes		136,500		1,698
BR Properties		12,500		138
Brasil Insurance Participacoes e Administracao		176,700		1,958
Braskem ADR		86,910		1,177
BRF - Brasil Foods ADR		165,120		3,651
CCR		13,600		138
Cia Hering		102,997		1,839
Cia Siderurgica Nacional		66,900		302
Cielo		8,300		244
Cosan, Cl A		81,869		1,596
Cosan Industria e Comercio		84,889		1,904
Cyrela Brazil Realty Empreendimentos e Participacoes		384,167		3,293
Embraer ADR		44,175		1,576
Even Construtora e Incorporadora		324,868		1,575
Fibria Celulose ADR*		226,685		2,736
Gerdau ADR		397,726		3,066
Gol Linhas Aereas Inteligentes ADR*(A)		199,445		1,187
Helbor Empreendimentos		80,549		538
Hypermarcas*		434,960		3,418
Kroton Educacional*		144,424		1,854
Linx*		7,000		110
Localiza Rent a Car		78,412		1,400
Lojas Renner		9,400		352
M Dias Branco		8,821		348
MRV Engenharia e Participacoes		281,832		1,169
Petroleo Brasileiro		84,822		707
Petroleo Brasileiro ADR		267,965		4,440
Porto Seguro		9,900		138
Qualicorp*		173,700		1,745
Santos Brasil Participacoes		74,220		1,109
Sul America		31,313		313
Telefonica Brasil ADR		3,100		83
Tim Participacoes		35,100		155
Tim Participacoes ADR		111,500		2,440
Totvs		227,637		4,665
Ultrapar Participacoes		3,500		88

Description	Shares		Market Value ($ Thousands)
Vale		61,092	$	1,054
Vale ADR, Cl B		239,305		4,138
				78,190
Canada — 1.2%
Africa Oil*		164,934		1,166
Alamos Gold		102,500		1,407
B2Gold*		295,679		899
Pacific Rubiales Energy		337,634		7,124
Yamana Gold		61,773		948
				11,544
Chile — 0.7%
Banco de Chile		611,747		96
Banco Santander Chile ADR		24,127		687
Banco Santander Chile*		18,126,041		1,284
Cia Cervecerias Unidas ADR		13,260		439
Enersis ADR		46,260		890
Latam Airlines Group ADR		30,545		664
Ripley		841,713		963
Sociedad Quimica y Minera de Chile ADR		27,294		1,514
				6,537
China — 11.6%
AAC Technologies Holdings		1,416,980		6,809
Agricultural Bank of China		11,362,732		5,445
Anta Sports Products		399,000		341
Baidu ADR*		64,500		5,657
Bank of China		10,326,105		4,789
Bank of Communications*		3,072,347		2,299
China BlueChemical		450,000		279
China Construction Bank		11,460,993		9,361
China Liansu Group Holdings		2,649,400		1,502
China Merchants Bank*		1,113,576		2,358
China Minsheng Banking*		195,500		249
China National Materials		5,322,438		1,419
China Petroleum & Chemical*		2,986,646		3,517
China Petroleum & Chemical ADR		14,800		1,730
China Shanshui Cement Group*		792,000		455
China Telecom		3,100,000		1,561
China Vanke, Cl B*		1,413,000		2,730
China Zhongwang Holdings*		483,005		163
Chongqing Rural Commercial Bank		2,337,612		1,250
Country Garden Holdings		3,057,000		1,528
Daphne International Holdings		2,220,000		2,788
Dongfeng Motor Group		42,000		59
First Tractor*		3,339,900		2,973
Giant Interactive Group ADR		177,150		1,151
Great Wall Motor		728,679		2,469
Guangzhou R&F Properties		170,400		286
Harbin Electric		564,682		459
Huaneng Power International*		1,944,000		2,074
Industrial & Commercial Bank of China		15,938,449		11,170
Inner Mongolia Yitai Coal, Cl B		41,922		241
Jiangsu Expressway*		400,000		400
Jiangxi Copper		253,000		559
PetroChina		2,384,119		3,127
PetroChina ADR		25,653		3,382
PICC Property & Casualty		970,000		1,246
Ping An Insurance Group		403,000		3,125
Prince Frog International Holdings		5,863,100		3,021

1 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
SINA*		50,400	$	2,449
SOHO China		1,384,528		1,156
Sohu.com*		48,000		2,381
Tencent Holdings		98,247		3,124
Tingyi Cayman Islands Holding		668,000		1,743
Travelsky Technology*		362,880		239
Tsingtao Brewery*		266,000		1,696
Vipshop Holdings ADR*		27,699		841
Yanzhou Coal Mining		44,000		59
Zhejiang Expressway*		380,000		300
Zhuzhou CSR Times Electric		1,426,400		4,043
Zoomlion Heavy Industry Science and Technology*		1,959,660		2,365
				112,368
Colombia — 0.8%
Almacenes Exito		44,650		807
Bancolombia ADR, Cl R		38,800		2,454
Ecopetrol		1,022,117		2,827
Ecopetrol ADR		38,400		2,094
				8,182
Cyprus — 0.4%
Eurasia Drilling GDR		118,050		4,191
Czech Republic — 0.3%
CEZ*		27,244		797
Komercni Banka		10,373		1,980
				2,777
Guernsey — 0.0%
Etalon Group GDR*(B)		56,800		284
Hong Kong — 5.7%
Chaoda Modern Agriculture*(C)		2,056,181		291
China Everbright International		3,430,100		2,461
China High Precision Automation Group (C)		1,385,624		221
China Medical System Holdings		1,202,500		1,221
China Mengniu Dairy		1,181,815		3,395
China Mobile		833,645		8,828
China Mobile ADR		39,540		2,101
China State Construction International Holdings		3,338,984		4,568
China Unicom Hong Kong ADR		115,990		1,563
CNOOC		2,003,407		3,851
CNOOC ADR		10,110		1,936
Cosco International Holdings		208,805		89
COSCO Pacific		4,921		7
Dah Chong Hong Holdings		416,300		394
Guangdong Investment		226,000		199
Haier Electronics Group*		1,644,000		2,622
Hengdeli Holdings		9,112,000		2,547
KWG Property Holding		772,870		484
Lenovo Group		1,910,613		1,898
NagaCorp		1,480,000		1,249
Shougang Fushan Resources Group		1,318,000		587
Sino Biopharmaceutical		3,016,000		2,106
SJM Holdings		548,405		1,369
Skyworth Digital Holdings		3,956,000		2,655
Sunny Optical Technology Group		1,797,000		2,074
Techtronic Industries		575,000		1,400
Vinda International Holdings		1,534,000		2,190

Description	Shares		Market Value ($ Thousands)
Xinyi Glass Holdings*		3,336,944	$	2,356
Yuexiu Real Estate Investment (D)		266,538		151
				54,813
Hungary — 0.0%
EGIS Pharmaceuticals*		1,778		135
Richter Gedeon		1,412		197
				332
India — 6.2%
Adani Ports and Special Economic Zone		482,970		1,233
Asian Paints		20,220		1,829
Axis Bank		80,827		1,934
Bajaj Holdings and Investment		12,648		212
Ballarpur Industries		832,868		264
Bank of Baroda		49,622		617
Bharti Infratel*		213,899		704
Cairn India		1,213,006		6,081
Chambal Fertilizers & Chemicals		444,397		407
Corporation Bank		14,494		102
Cummins India		199,795		1,834
DLF		547,879		2,366
Glenmark Pharmaceuticals		191,897		1,634
Godrej Consumer Products*		124,400		1,781
Grasim Industries		26,182		1,355
HCL Technologies		223,923		3,275
HDFC Bank ADR		71,800		2,687
Hexaware Technologies		162,156		252
ICICI Bank ADR		165,354		7,094
Indiabulls Financial Services (C)		209,523		1,019
Indian Bank		140,424		455
Larsen & Toubro		48,700		1,224
Mahindra & Mahindra GDR		80,998		1,284
Maruti Udyog		93,302		2,200
McLeod Russel India		20,755		134
Muthoot Finance		261,657		884
Oil & Natural Gas		168,194		964
Oil India		19,676		185
Petronet LNG		386,780		964
Reliance Industries GDR (B)		197,611		5,628
Rural Electrification		328,254		1,259
Shriram Transport Finance		269,646		3,445
State Bank of India		39,940		1,523
Syndicate Bank		229,078		464
Tata Chemicals		103,576		613
UCO Bank		227,884		234
Yes Bank		247,200		1,951
				60,091
Indonesia — 2.8%
AKR Corporindo		2,764,122		1,422
Aneka Tambang		2,719,394		383
Astra Agro Lestari		347,899		662
Astra International		542,500		441
Bank Bukopin		3,700,948		343
Bank Mandiri		2,037,100		2,096
Bank Rakyat Indonesia Persero		5,938,951		5,348
Holcim Indonesia		560,662		208
Indo Tambangraya Megah		109,000		398
Indocement Tunggal Prakarsa		304,770		731
Indofood CBP Sukses Makmur		379,934		375
Indofood Sukses Makmur		191,500		147
Japfa Comfeed Indonesia		577,631		562

2 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
Kalbe Farma		4,996,465	$	637
Perusahaan Gas Negara Persero		375,000		230
Perusahaan Perkebunan London Sumatra Indonesia		3,241,411		644
Sampoerna Agro		282,000		61
Semen Indonesia Persero		1,267,700		2,309
Tambang Batubara Bukit Asam		1,052,500		1,560
Telekomunikasi Indonesia		3,715,116		4,205
Tower Bersama Infrastructure*		1,849,300		1,151
United Tractors		656,681		1,230
XL Axiata		2,644,500		1,429
				26,572
Ireland — 0.1%
Kenmare Resources*		2,189,608		965
Israel — 0.2%
Israel Chemicals		145,495		1,882
Macau — 0.3%
Sands China		550,100		2,852
Malaysia — 1.9%
Affin Holdings		96,100		106
Alliance Financial Group		221,100		314
AMMB Holdings		187,700		397
Axiata Group*		1,082,036		2,306
Berjaya Sports Toto		323,894		431
British American Tobacco Malaysia		36,051		724
CIMB Group Holdings		29,500		73
Digi.Com		450,101		673
DRB-Hicom		1,012,972		828
Genting Malaysia		742,356		868
Hong Leong Financial Group		92,900		448
KLCC Property Holdings		116,900		248
Kulim Malaysia		300,000		353
Lafarge Malayan Cement		51,587		166
Malaysia Building Society		550,127		487
Media Prima		151,347		117
Parkson Holdings		423,018		642
Petronas Gas		26,100		160
RHB Capital		573,900		1,566
Telekom Malaysia*		295,676		515
Top Glove		1,123,028		1,958
UEM Land Holdings*		2,310,100		2,037
UMW Holdings		573,683		2,471
				17,888
Mexico — 5.9%
Alfa, Cl A		1,339,820		3,271
America Movil, Ser L*		1,687,774		1,788
America Movil ADR, Ser L		77,975		1,634
Cemex ADR*		301,658		3,683
Compartamos		148,300		273
Desarrolladora Homex*(A)		133,000		201
Empresas ICA*		1,024,337		3,417
Empresas ICA ADR*		142,080		1,884
Fibra Uno Administracion, Cl REIT (D)		437,400		1,443
Fomento Economico Mexicano ADR		29,055		3,298

Description	Shares		Market Value ($ Thousands)
Genomma Lab Internacional, Cl B*(A)		3,043,958	$	7,443
Gruma, Cl B*		651,032		2,878
Grupo Carso, Ser A1		35,600		198
Grupo Financiero Banorte, Cl O		799,651		6,387
Grupo Financiero Inbursa, Cl O		153,300		447
Grupo Financiero Santander Mexico ADR*		83,678		1,291
Grupo Herdez*		32,875		121
Grupo Mexico, Ser B		634,791		2,563
Grupo Modelo		48,600		440
Grupo Sanborns*		292,743		663
Grupo Televisa ADR		245,897		6,543
Industrias, Cl B*		48,333		421
Industrias Penoles		15,530		737
Kimberly-Clark de Mexico, Cl A		1,089,200		3,800
Wal-Mart de Mexico, Ser V		639,118		2,090
				56,914
Netherlands — 0.5%
Yandex, Cl A*		223,600		5,170
Peru — 0.6%
Credicorp		29,900		4,965
Intercorp Financial Services, Ser INC		8,266		331
				5,296
Philippines — 1.1%
Aboitiz Equity Ventures		410,500		555
Alliance Global Group		2,261,388		1,172
Bank of the Philippine Islands		122,730		331
BDO Unibank*		1,196,023		2,630
International Container Terminal Services		1,129,284		2,549
Manila Electric		3,990		32
Megaworld		7,685,000		732
Nickel Asia		214,350		126
Rizal Commercial Banking*		66,500		114
SM Investments		57,833		1,580
Universal Robina		317,464		879
				10,700
Poland — 0.6%
Asseco Poland		7,140		92
KGHM Polska Miedz		45,193		2,188
PGE		201,912		1,037
Polski Koncern Naftowy Orlen*		66,028		1,042
Powszechna Kasa Oszczednosci Bank Polski		114,973		1,219
Powszechny Zaklad Ubezpieczen		2,941		365
				5,943
Russia — 7.0%
Alliance Oil*		191,893		1,528
Gazprom ADR		586,850		4,988
Gazprom Neft OAO ADR		12,745		269
Gazprom OAO		86,531		740
Globaltrans Investment GDR		319,339		5,039
Lukoil ADR		122,535		7,902
Magnit GDR		109,338		4,937
Mail.ru Group GDR		23,243		644
MegaFon OAO GDR*		76,800		2,381
MMC Norilsk Nickel		39,271		663

3 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
Mobile Telesystems ADR		178,175	$	3,695
NovaTek GDR		42,039		4,532
Phosagro OAO GDR		58,979		832
Rosneft GDR		75,453		576
Rosneft Oil GDR		525,145		4,007
Sberbank of Russia ADR		1,168,762		14,928
Severstal GDR		49,315		438
Surgutneftegas ADR		42,074		378
Tatneft ADR		9,877		391
TMK GDR		200,727		2,397
Uralkali GDR		62,086		2,290
VTB Bank GDR		683,814		2,151
X5 Retail Group GDR*		104,557		1,756
				67,462
Singapore — 0.0%
China Yuchai International		26,251		420
South Africa — 4.8%
ABSA Group		18,939		319
African Bank Investments		78,508		258
Anglo American Platinum*		22,479		933
ArcelorMittal South Africa*		151,530		468
AVI		115,192		672
Barloworld		228,106		2,374
Bidvest Group		69,709		1,835
Exxaro Resources		91,253		1,618
FirstRand		331,855		1,160
Gold Fields		94,239		719
Impala Platinum Holdings		45,655		672
Imperial Holdings (A)		76,968		1,757
Kumba Iron Ore		13,970		746
Liberty Holdings (A)		91,710		1,195
Life Healthcare Group Holdings		863,290		3,244
Mondi		79,997		1,082
MTN Group (A)		278,024		4,875
Naspers, Cl N		65,867		4,097
Nedbank Group		3,137		65
Netcare		235,287		507
Redefine Properties		213,924		230
Remgro		67,200		1,337
Reunert		35,070		292
RMB Holdings		57,121		258
Sanlam		279,766		1,433
Sappi*		491,023		1,531
Sasol		52,704		2,331
Sasol ADR		37,775		1,675
Shoprite Holdings		112,430		2,232
Sibanye Gold*		94,239		137
Spar Group		34,162		422
Standard Bank Group		308,041		3,960
Tiger Brands		1,626		52
Truworths International		17,336		170
Vodacom Group		130,585		1,558
				46,214
South Korea — 12.2%
AMOREPACIFIC Group		1,282		459
BS Financial Group		155,118		2,133
Coway		76,590		3,370
Daelim Industrial		9,109		751
Daesang		25,691		870
Daishin Securities*		44,862		396

Description	Shares		Market Value ($ Thousands)
Daou Technology		128,293	$	2,047
Dongbu Insurance*		11,800		484
Doosan		1,255		146
Grand Korea Leisure		35,784		1,039
GS Home Shopping		2,958		510
Hankook Tire		29,889		1,292
Hyundai Marine & Fire Insurance*		63,103		1,801
Hyundai Mobis		5,486		1,516
Hyundai Motor*		24,225		4,877
Hyundai Wia		14,930		2,201
Industrial Bank of Korea		73,340		837
Kangwon Land		14,580		411
KB Financial Group ADR		97,225		3,212
KCC		15,332		4,210
Kia Motors		73,317		3,664
Korea Exchange Bank		81,360		548
Korea Zinc		5,007		1,589
KT		9,440		299
KT ADR		152,790		2,400
KT&G		41,895		2,884
LG Chem		9,314		2,243
LG Display*		16,330		468
LG Display ADR (A)		105,040		1,533
LG Electronics		19,324		1,409
Lock & Lock		70,000		1,736
Lotte Chilsung Beverage		1,684		2,251
Lotte Confectionery		1,395		2,296
Lotte Shopping		4,788		1,760
Mando		9,265		974
NEO Holdings*		1,255		—
Nong Shim		1,266		355
POSCO		766		224
S1		4,208		240
Samsung Electronics		28,788		39,510
Samsung Engineering		609		71
Samsung Fire & Marine Insurance*		1,197		235
Samsung Heavy Industries		41,155		1,287
Samsung Life Insurance*		18,655		1,752
Seah Besteel		10,424		299
SFA Engineering		23,703		1,302
Shinhan Financial Group		72,494		2,632
SK Holdings*		15,122		2,317
SK Hynix*		61,220		1,582
SK Telecom		4,283		695
SK Telecom ADR		308,547		5,514
Sung Kwang Bend		61,717		1,251
Taekwang Industrial		109		102
Youngone		4,540		173
				118,157
Spain — 0.2%
Cemex Latam Holdings*		247,615		1,861
Taiwan — 7.0%
Asustek Computer*		162,740		1,946
Catcher Technology		555,000		2,524
Chailease Holding*		789,000		2,187
Chicony Electronics*		151,438		399
China Steel Chemical*		168,800		830
Chunghwa Telecom		500,056		1,552
Cleanaway*		226,000		1,666

4 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

Description	Shares		Market Value ($ Thousands)
Compal Electronics		526,000	$	373
CTCI*		206,000		402
Elan Microelectronics*		941,000		2,105
Eva Airways*		2,605,000		1,564
Farglory Land Development*		196,043		363
Formosa Taffeta*		88,000		81
Fubon Financial Holding		2,034,000		2,911
Hon Hai Precision Industry		1,742,753		4,855
Huaku Development*		176,196		436
Kinik*		757,000		1,380
Largan Precision*		49,000		1,283
Lextar Electronics*		1,045,000		1,153
Lite-On Technology*		994,478		1,603
MediaTek		317,924		3,636
Merida Industry		341,750		2,006
MStar Semiconductor		102,000		836
Pegatron*		1,025,738		1,585
Phison Electronics*		195,000		1,500
Pou Chen		1,097,000		1,189
President Chain Store*		131,652		731
Radiant Opto-Electronics		290,272		1,141
Realtek Semiconductor		506,380		1,177
Simplo Technology		350,094		1,645
Synnex Technology International		947,783		1,737
Taishin Financial Holding		2,474,220		1,034
Taiwan Semiconductor Manufacturing*		2,052,790		6,899
Taiwan Semiconductor Manufacturing ADR		329,881		5,671
Teco Electric and Machinery*		1,758,000		1,417
TPK Holding*		102,000		2,026
U-Ming Marine Transport*		188,926		295
Uni-President Enterprises*		867,680		1,642
United Microelectronics*		1,695,981		635
United Microelectronics ADR		795,000		1,431
Yageo*		566,489		183
				68,029
Thailand — 3.0%
Airports of Thailand		335,800		1,393
Bangkok Bank		300,100		2,326
Bangkok Bank Foreign		305,600		2,421
Bangkok Bank NVDR		224,061		1,737
Bangkok Expressway		47,500		64
Banpu		10,100		130
CP ALL		606,982		959
CP Seven Eleven PCL		900,622		1,422
Electricity Generating		40,800		217
Kasikornbank NVDR		469,700		3,336
Kiatnakin Bank		314,844		742
Krung Thai Bank		2,702,350		2,307
Krung Thai Bank NVDR		3,396,477		2,899
Land and Houses		5,323,600		2,327
PTT		362,450		4,035
Ratchaburi Electricity Generating Holding		23,400		48
Siam Commercial Bank		83,100		511
Siam Makro		43,688		794
Thai Beverage		919,068		452
Thai Oil		231,700		518
				28,638

Description	Shares		Market Value ($ Thousands)
Turkey — 2.8%
Anadolu Efes Biracilik Ve Malt Sanayii		112,140	$	1,828
Arcelik		23,695		170
Aselsan Elektronik Sanayi Ve Ticaret		447,685		2,622
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret		158,566		224
Emlak Konut Gayrimenkul Yatirim Ortakligi (D)		1,533,251		2,473
Eregli Demir ve Celik Fabrikalari*		421,734		545
Ford Otomotiv Sanayi		175,258		2,547
Koza Altin Isletmeleri		42,603		989
Netas Telekomunikasyon		142,374		877
Tekfen Holding		486,463		2,069
Tofas Turk Otomobil Fabrikasi		127,177		917
Tupras Turkiye Petrol Rafinerileri		40,128		1,219
Turk Telekomunikasyon		100,679		448
Turkcell Iletisim Hizmetleri*		233,735		1,569
Turkcell Iletisim Hizmetleri ADR*		86,835		1,445
Turkiye Garanti Bankasi		304,241		1,624
Turkiye Sise ve Cam Fabrikalari		1,557,760		2,694
Ulker Biskuvi Sanayi		80,800		609
Yapi ve Kredi Bankasi		710,080		2,228
				27,097
United Arab Emirates — 0.2%
Dragon Oil		196,263		1,938
United Kingdom — 1.3%
Afren*		803,248		1,731
Anglo American ADR		72,740		936
BG Group		50,165		861
Hikma Pharmaceuticals		172,278		2,706
Old Mutual		486,950		1,500
Petrofac		62,754		1,366
SABMiller		46,395		2,446
Tullow Oil		58,222		1,089
				12,635
United States — 1.7%
Avon Products		184,000		3,814
Cognizant Technology Solutions ADR, Cl A*		23,200		1,777
First Cash Financial Services*		35,700		2,083
Freeport-McMoRan Copper & Gold		52,800		1,748
Samsonite International		1,046,352		2,615
Yahoo!*		199,000		4,683
				16,720
Total Common Stock (Cost $762,354) ($ Thousands)				867,162
PREFERRED STOCK — 3.9%
Brazil — 3.9%
Banco do Estado do Rio Grande do Sul		324,756		2,814
Bradespar, Cl Preference		40,339		525
Centrais Eletricas Brasileiras ADR, Cl B		66,831		418
Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR		80,170		4,272

5 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

Description	Shares/Face Amount (1) (Thousands)		Market Value ($ Thousands)
Cia Brasileira de Distribuicao Grupo Pao de Acucar, Cl Preference		5,300	$	280
Cia de Bebidas das Americas		19,900		830
Cia de Bebidas das Americas ADR		102,509		4,339
Cia Energetica de Minas Gerais		25,300		296
Cia Paranaense de Energia*		23,400		358
Itau Unibanco Holding		65,427		1,165
Itau Unibanco Holding ADR		142,360		2,534
Klabin		164,414		1,134
Marcopolo		408,300		2,898
Petroleo Brasileiro, Cl Preference		225,416		2,046
Petroleo Brasileiro ADR, Cl A		337,805		6,131
Vale, Cl A		136,314		2,241
Vale ADR, Cl B		331,546		5,480
Total Preferred Stock (Cost $35,187) ($ Thousands)				37,761
EXCHANGE TRADED FUNDS — 3.4%
Hong Kong — 0.1%
iShares FTSE A50 China Index Fund		1,205,000		1,617
United States — 3.3%
iPath MSCI India Index ETN		31,292		1,789
iShares MSCI Emerging Markets Index Fund		524,590		22,442
iShares MSCI Taiwan Index Fund		556,244		7,420
				31,651
Total Exchange Traded Funds (Cost $34,040) ($ Thousands)				33,268
DEBENTURE BOND — 0.0%
Brazil — 0.0%
Vale, Ser 1997
0.000%, 09/30/2049 (E)		8		—
Total Debenture Bond (Cost $—) ($ Thousands)				—
AFFILIATED PARTNERSHIP — 1.7%
SEI Liquidity Fund, L.P.
0.120% †**(F)		16,318,819		16,319
Total Affiliated Partnership (Cost $16,319) ($ Thousands)				16,319
CASH EQUIVALENT — 0.9%
SEI Daily Income Trust, Prime Obligation Fund, Cl A 0.020% †**		8,621,860		8,622
Total Cash Equivalent (Cost $8,622) ($ Thousands)				8,622

Description	Face Amount (1) (Thousands)		Market Value ($ Thousands)
TIME DEPOSITS — 1.5%
United States — 1.5%
Brown Brothers Harriman
4.150%, 04/01/2013	ZAR	443	$	48
0.650%, 04/01/2013	NOK	—		—
0.233%, 04/01/2013	CAD	22		22
0.071%, 04/01/2013	GBP	—		—
0.050%, 04/01/2013	SEK	—		—
0.030%, 04/01/2013		14,566		14,566
0.010%, 04/01/2013	SGD	4		3
0.005%, 04/01/2013	HKD	351		45
(0.028)%, 04/01/2013	EUR	1		1
Total Time Deposits (Cost $14,685) ($ Thousands)				14,685
Total Investments — 101.1% (Cost $871,207) ($ Thousands)			$	977,817

Percentages are based on a Net Assets of $967,091 ($ Thousands).

* Non-income producing security.

** Rate shown is the 7-day effective yield as of March 31, 2013.

† Investment in Affiliated Security.

(1) In U.S. dollars unless otherwise indicated.

(A) This security or a partial position of this security is on loan at March 31, 2013. The total market value of securities on loan at March 31, 2013 was $15,189 ($ Thousands) (See Note 8).

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

(C) Securities considered illiquid. The total market value of such securities as of March 31, 2013 was $1,531 ($ Thousands) and represented 0.2% of Net Assets.

(D) Real Estate Investment Trust.

(E) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of March 31, 2013.

(F) This security was purchased with cash collateral held from securities on loan (see Note 8). The total value of such securities as of March 31, 2013 was $16,319 ($ Thousands).

ADR — American Depositary Receipt

CAD — Canadian Dollar

Cl — Class

ETN — Exchange Traded Note

EUR — Euro

FTSE — Financial Times and the London Stock Exchange

GBP — British Pound Sterling

GDR — Global Depositary Receipt

HKD — Hong Kong Dollar

L.P. — Limited Partnership

MSCI — Morgan Stanley Capital International

NOK — Norwegian Krone

NVDR — Non-Voting Depositary Receipt

REIT — Real Estate Investment Trust

SEK — Swedish Krona

Ser — Series

SGD — Singapore Dollar

USD — U.S. Dollar

ZAR — South African Rand

6 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

March 31, 2013

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3(1)		Total
Common Stock	$	866,650	$	—	$	512	$	867,162
Preferred Stock		37,761		—		—		37,761
Exchange Traded Funds		33,268		—		—		33,268
Debenture Bond		—		—		—		—
Affiliated Partnership		—		16,319		—		16,319
Cash Equivalent		8,622		—		—		8,622
Time Deposits		—		14,685		—		14,685
Total Investments in Securities	$	946,301	$	31,004	$	512	$	977,817

⁽¹⁾ A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets.

For the six months ended March 31, 2013, there were transfers between Level 1 and Level 2 assets and liabilities. The primary reason for changes in the classifications between Level 1 and Level 2 occurs when foreign equity securities are fair valued using other observable market-based inputs in place of the closing exchange price due to events occurring after the close of the exchange or market on which the investment is principally traded (See Note 2).

For the six ended March 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

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

7 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS — 93.0%
Australia — 2.9%
Australia & New Zealand Banking Group MTN
3.625%, 07/18/2022	EUR	300	$	441
Commonwealth Bank of Australia MTN
3.000%, 05/03/2022	EUR	230		322
2.625%, 01/12/2017	EUR	245		335
Government of Australia
6.681%, 08/20/2015		100		188
6.000%, 02/15/2017		2,600		3,014
5.750%, 07/15/2022		700		865
5.500%, 01/21/2018		2,110		2,439
5.500%, 04/21/2023		160		196
4.250%, 07/21/2017		1,350		1,478
Government of Australia, Ser 124
5.750%, 05/15/2021		1,900		2,318
Government of Australia, Ser 25CI
3.281%, 09/20/2025		150		215
National Australia Bank MTN
2.625%, 01/13/2017	EUR	210		287
1.875%, 01/13/2023	EUR	220		279
New South Wales Treasury, Ser 13
5.250%, 05/01/2013		980		1,022
Queensland Treasury, Ser 17
6.000%, 09/14/2017		780		897
Suncorp-Metway
5.125%, 10/27/2014	GBP	235		375
Westpac Banking MTN
5.625%, 04/29/2018 (A)	GBP	240		366
				15,037
Austria — 1.2%
Republic of Austria
3.900%, 07/15/2020		75		113
3.650%, 04/20/2022		290		436
3.200%, 02/20/2017		600		847
1.950%, 06/18/2019		3,020		4,081
Republic of Austria, Ser 97-6
6.250%, 07/15/2027		225		433
				5,910
Belgium — 3.5%
Anheuser-Busch InBev MTN
8.625%, 01/30/2017		200		330
2.875%, 09/25/2024		650		867
Kingdom of Belgium, Ser 44
5.000%, 03/28/2035		500		839
Kingdom of Belgium, Ser 47
3.250%, 09/28/2016		7,325		10,261
Kingdom of Belgium, Ser 49
4.000%, 03/28/2017		230		333
Kingdom of Belgium, Ser 58
3.750%, 09/28/2020		231		341
Kingdom of Belgium, Ser 65
4.250%, 09/28/2022		250		380
Kingdom of Belgium, Ser 67
3.000%, 09/28/2019		1,680		2,376
Kingdom of Belgium, Ser 69
1.250%, 06/22/2018		1,650		2,134
				17,861

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Brazil — 0.4%
Cosan
5.000%, 03/14/2023 (B)	USD	240	$	242
ESAL GmbH
6.250%, 02/05/2023 (B)	USD	400		402
Gerdau Trade
5.750%, 01/30/2021 (B)	USD	101		108
Globo Comunicacao e Participacoes
5.307%, 05/11/2017 (B)(C)	USD	380		410
Petrobras Global Finance
4.250%, 10/02/2023		153		204
Petrobras International Finance
5.375%, 01/27/2021	USD	154		166
Raisen Energy Finance
7.000%, 02/01/2017 (A)	USD	270		307
Vale Overseas
4.375%, 01/11/2022	USD	314		322
				2,161
Canada — 4.9%
Bell Canada MTN
5.000%, 02/15/2017		270		294
Canada Housing Trust No. 1
4.100%, 12/15/2018		1,390		1,542
2.050%, 06/15/2017		2,470		2,485
CDP Financial
4.400%, 11/25/2019 (B)	USD	850		973
Government of Canada
5.750%, 06/01/2033		1,300		1,952
5.000%, 06/01/2037		1,300		1,852
4.250%, 06/01/2018		715		806
4.000%, 06/01/2041		280		359
3.500%, 06/01/2020		710		790
3.500%, 06/01/2020		2,395		2,664
2.750%, 06/01/2022		800		853
2.250%, 08/01/2014		2,000		2,000
1.500%, 03/01/2017		1,500		1,491
1.500%, 09/01/2017		1,835		1,823
Province of British Columbia
3.250%, 12/18/2021		1,150		1,203
Province of Manitoba Canada
3.850%, 12/01/2021		710		771
Province of Ontario Canada
3.150%, 06/02/2022		2,000		2,045
Royal Bank of Canada, Ser 2 MTN
4.625%, 01/22/2018	EUR	252		380
Toronto-Dominion Bank
2.200%, 07/29/2015 (B)	USD	540		560
TransCanada PipeLines
2.500%, 08/01/2022	USD	300		292
				25,135
China — 0.1%
Baidu
2.250%, 11/28/2017	USD	200		202
Talent Yield Investments
4.500%, 04/25/2022 (B)	USD	310		340
				542
Colombia — 0.0%
Pacific Rubiales Energy
5.125%, 03/28/2023 (B)		123		124

1 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Czech Republic — 0.2%
Government of Czech Republic
4.600%, 08/18/2018		13,000	$	756
Government of Czech Republic, Ser 51
4.000%, 04/11/2017		8,050		449
				1,205
Denmark — 1.7%
Danske Bank
5.375%, 09/29/2021 (A)	GBP	170		262
3.500%, 04/16/2018	EUR	155		221
DONG Energy MTN
5.750%, 04/09/2040	GBP	200		358
FIH Erhvervsbank
2.000%, 06/12/2013 (B)	USD	625		627
Kingdom of Denmark
4.500%, 11/15/2039		1,300		333
4.000%, 11/15/2017		8,915		1,791
3.125%, 03/17/2014	EUR	500		659
3.000%, 11/15/2021		21,800		4,341
				8,592
Finland — 1.0%
Elisa MTN
2.250%, 10/04/2019		300		392
Fortum MTN
2.250%, 09/06/2022		350		448
Government of Finland
4.375%, 07/04/2019		400		620
3.375%, 04/15/2020		2,080		3,075
Nordea Bank Finland MTN
2.375%, 07/17/2017		190		259
2.250%, 05/03/2019		170		231
				5,025
France — 5.2%
Arkema
3.850%, 04/30/2020		200		281
Banque Federative du Credit Mutuel MTN
2.000%, 09/19/2019		400		505
BNP Paribas MTN
4.730%, 04/12/2049 (A)		300		353
2.500%, 08/23/2019		350		456
2.375%, 09/14/2017	USD	445		452
BPCE SFH MTN
3.625%, 05/12/2016		100		139
2.750%, 02/16/2017		300		410
Caisse Francaise de Financement Local MTN
4.500%, 04/27/2015		380		525
3.750%, 05/18/2016		225		314
Cie de Financement Foncier MTN
4.625%, 09/23/2017		575		852
4.250%, 01/19/2022		300		452
2.500%, 09/16/2015 (B)	USD	800		829
Cie de St-Gobain MTN
6.000%, 05/20/2013		50		65
Credit Agricole Home Loan SFH MTN
3.500%, 07/21/2014		200		267
2.875%, 09/09/2016		300		411
Credit Logement
1.333%, 03/29/2049 (A)(D)		350		280

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
0.783%, 12/15/2049 (A)(D)		42	$	38
Dexia Credit Local MTN
2.625%, 01/21/2014		300		391
0.781%, 04/29/2014 (A)	USD	410		409
Electricite de France MTN
6.500%, 01/26/2019 (B)	USD	250		305
5.500%, 10/17/2041	GBP	100		166
5.375%, 12/12/2049 (A)		100		130
5.250%, 12/29/2049 (A)		120		118
4.125%, 03/25/2027		100		144
4.000%, 11/12/2025		150		216
Eutelsat
5.000%, 01/14/2019		200		299
French Treasury Note
2.500%, 01/15/2015		395		527
1.000%, 07/25/2017		235		305
0.750%, 09/25/2014		400		518
GDF Suez
1.625%, 10/10/2017 (B)	USD	246		247
Government of France
5.000%, 10/25/2016		1,760		2,613
4.750%, 04/25/2035		60		99
4.500%, 04/25/2041		1,060		1,700
3.250%, 05/25/2045		440		568
3.000%, 10/25/2015		3,850		5,279
3.000%, 04/25/2022		555		776
1.000%, 05/25/2018		1,760		2,267
HSBC France MTN
4.875%, 01/15/2014		250		332
Iliand
4.875%, 06/01/2016		300		413
RCI Banque
3.400%, 04/11/2014 (B)	USD	250		253
SES
3.600%, 04/04/2023 (B)		86		86
Societe Financement de l’Economie Francaise
3.375%, 05/05/2014 (B)	USD	905		935
Societe Generale SFH MTN
3.250%, 06/06/2016		400		552
Societe Generale MTN
5.750%, 04/20/2016 (B)	USD	111		121
3.875%, 12/17/2015	GBP	100		160
				26,558
Germany — 15.0%
Allianz Finance II MTN
3.500%, 02/14/2022		300		424
Bilfinger
2.375%, 12/07/2019		100		133
BMW Finance MTN
3.375%, 12/14/2018	GBP	250		413
Bundesobligation
0.500%, 10/13/2017		800		1,038
0.500%, 02/23/2018		960		1,241
Bundesobligation Inflation Linked Bond
2.250%, 04/15/2013		3,122		4,008
Bundesrepublik Deutschland
2.500%, 07/04/2044		180		245
2.250%, 09/04/2020		270		383
2.000%, 01/04/2022		1,645		2,271

2 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
1.500%, 09/04/2022		13,250	$	17,407
1.500%, 02/15/2023		500		654
Bundesrepublik Deutschland, Ser 00
5.500%, 01/04/2031		340		661
Bundesrepublik Deutschland, Ser 03
4.750%, 07/04/2034		1,120		2,083
Bundesrepublik Deutschland, Ser 04
3.750%, 01/04/2015		200		273
Bundesrepublik Deutschland, Ser 07
4.250%, 07/04/2039		1,075		1,950
Bundesrepublik Deutschland, Ser 08
4.750%, 07/04/2040		25		49
Bundesschatzanweisungen
1.750%, 06/14/2013		16,450		21,156
0.250%, 03/13/2015		5,300		6,830
Daimler International Finance BV MTN
7.875%, 01/16/2014		575		780
Deutsche Bank MTN
1.397%, 12/15/2015 (A)	GBP	280		415
Deutsche Postbank MTN
3.750%, 02/12/2014		800		1,056
Deutsche Telekom International Finance BV
8.875%, 11/27/2028	GBP	160		377
Deutschland Inflation Linked Bond
0.100%, 04/15/2023		966		1,319
E.ON International Finance
5.800%, 04/30/2018 (B)	USD	150		179
FMS Wertmanagement
1.000%, 07/18/2017		1,000		1,297
Hypothekenbank Frankfurt MTN
2.875%, 01/19/2016		160		218
K+S
5.000%, 09/24/2014		350		477
KFW
4.750%, 08/12/2015	SEK	6,000		989
4.375%, 10/11/2013		1,050		1,376
4.375%, 07/04/2018		915		1,388
3.875%, 01/21/2019		575		859
3.375%, 08/30/2017	CHF	370		443
0.875%, 11/15/2013		1,625		2,093
Linde Finance MTN
3.875%, 06/01/2021		450		671
Muenchener Rueckversicherungs MTN
6.250%, 05/26/2042 (A)		200		302
RWE Finance MTN
5.000%, 02/10/2015		500		693
RWE
7.000%, 10/12/2072 (A)	USD	224		240
				76,391
Indonesia — 0.1%
Pertamina Persero
6.000%, 05/03/2042 (B)		380		388

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Ireland — 0.4%
Bank of Ireland MTN
4.625%, 04/08/2013		195	$	250
4.000%, 01/28/2015		250		329
GE Capital UK Funding MTN
4.375%, 07/31/2019	GBP	810		1,366
				1,945
Italy — 5.2%
Edison MTN
3.875%, 11/10/2017		600		845
Enel Finance International MTN
4.875%, 03/11/2020		100		137
3.875%, 10/07/2014 (B)	USD	350		360
Intesa Sanpaolo MTN
4.875%, 07/10/2015		300		398
4.375%, 10/15/2019		200		253
4.000%, 11/09/2017		368		470
Italy Buoni Poliennali Del Tesoro
6.500%, 11/01/2027		500		733
6.000%, 05/01/2031		500		704
5.500%, 11/01/2022		150		204
5.000%, 03/01/2022		1,500		1,995
5.000%, 09/01/2040		1,755		2,188
4.750%, 05/01/2017		3,740		5,037
4.750%, 09/01/2021		4,215		5,569
4.500%, 03/01/2019		400		529
4.250%, 02/01/2015		2,325		3,096
3.500%, 06/01/2014		1,150		1,505
3.500%, 11/01/2017		460		591
Italy Buoni Poliennali Del Tesoro Inflation Linked Bond
2.100%, 09/15/2016		736		957
Telecom Italia MTN
4.000%, 01/21/2020		400		500
UniCredit MTN
6.950%, 10/31/2022		100		128
6.375%, 10/16/2018 (A)	GBP	100		145
Unione di Banche Italiane MTN
4.500%, 02/22/2016		200		273
				26,617
Japan — 19.3%
Government of Japan 5 Year Bond, Ser 95
0.600%, 03/20/2016		398,950		4,301
Government of Japan 5 Year Bond, Ser 108
0.100%, 12/20/2017		315,000		3,340
Government of Japan 10 Year Bond, Ser 275
1.400%, 12/20/2015		626,600		6,892
Government of Japan 10 Year Bond, Ser 288
1.700%, 09/20/2017		330,000		3,750
Government of Japan 10 Year Bond, Ser 298
1.300%, 12/20/2018		374,100		4,223
Government of Japan 10 Year Bond, Ser 301
1.500%, 06/20/2019		235,300		2,695
Government of Japan 10 Year Bond, Ser 303
1.400%, 09/20/2019		774,500		8,832

3 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Government of Japan 10 Year Bond, Ser 308
1.300%, 06/20/2020		1,096,000	$	12,454
Government of Japan 10 Year Bond, Ser 313
1.300%, 03/20/2021		750,000		8,514
Government of Japan 10 Year Bond, Ser 316
1.100%, 06/20/2021		240,550		2,690
Government of Japan 10 Year Bond, Ser 318
1.000%, 09/20/2021		95,000		1,054
Government of Japan 10 Year Bond, Ser 327
0.800%, 12/20/2022		140,000		1,522
Government of Japan 20 Year Bond, Ser 48
2.500%, 12/21/2020		629,450		7,758
Government of Japan 20 Year Bond, Ser 55
2.000%, 03/21/2022		257,000		3,087
Government of Japan 20 Year Bond, Ser 99
2.100%, 12/20/2027		538,250		6,564
Government of Japan 20 Year Bond, Ser 106
2.200%, 09/20/2028		67,150		827
Government of Japan 20 Year Bond, Ser 112
2.100%, 06/20/2029		420,000		5,100
Government of Japan 20 Year Bond, Ser 128
1.900%, 06/20/2031		55,000		643
Government of Japan 20 Year Bond, Ser 140
1.700%, 09/20/2032		34,850		391
Government of Japan 20 Year Bond, Ser 143
1.600%, 03/20/2033		426,450		4,679
Government of Japan 30 Year Bond, Ser 29
2.400%, 09/20/2038		103,250		1,307
Government of Japan 30 Year Bond, Ser 30
2.300%, 03/20/2039		323,000		4,019
Government of Japan 30 Year Bond, Ser 33
2.000%, 09/20/2040		167,000		1,964
Government of Japan 30 Year Bond, Ser 34
2.200%, 03/20/2041		30,000		367
Government of Japan 30 Year Bond, Ser 36
2.000%, 03/20/2042		10,000		117
Government of Japan 30 Year Bond, Ser 37
1.900%, 09/20/2042		40,400		463
Japan Finance Organization for Municipalities
4.500%, 05/27/2014	EUR	450		603

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
ORIX
4.710%, 04/27/2015	USD	135	$	143
				98,299
Jersey — 0.1%
Gatwick Funding MTN
5.750%, 01/23/2037		250		433
Malaysia — 0.2%
Government of Malaysia
5.734%, 07/30/2019		900		330
Malaysia Government Bond
3.418%, 08/15/2022	MYR	445		143
Petronas Capital
5.250%, 08/12/2019 (B)	USD	410		477
				950
Mexico — 1.1%
America Movil
3.000%, 07/12/2021	EUR	225		300
Grupo KUO De
6.250%, 12/04/2022 (B)		300		322
Mexican Bonos
9.000%, 06/20/2013		29,500		2,412
Mexican Bonos, Ser M10
7.750%, 12/14/2017		27,639		2,528
				5,562
Netherlands — 5.1%
ABN Amro Bank MTN
4.875%, 01/16/2019	GBP	200		343
3.750%, 07/15/2014		750		1,002
Akzo Nobel MTN
8.000%, 04/06/2016	GBP	205		368
Alliander MTN
2.875%, 06/14/2024		200		269
Heineken MTN
2.125%, 08/04/2020		300		391
ING Bank MTN
3.375%, 03/23/2017		125		176
0.987%, 05/23/2016 (A)	USD	450		427
Kingdom of Netherlands
4.500%, 07/15/2017		500		746
4.250%, 07/15/2013		8,200		10,634
4.000%, 07/15/2018		185		276
4.000%, 01/15/2037		300		495
3.500%, 07/15/2020		485		721
2.250%, 07/15/2022		3,955		5,363
1.750%, 07/15/2023		1,410		1,804
1.250%, 01/15/2018		1,300		1,707
Koninklijke KPN
3.250%, 02/01/2021		200		264
Shell International Finance
2.250%, 01/06/2023	USD	825		803
UPCB Finance
7.625%, 01/15/2020		250		348
				26,137
New Zealand — 0.1%
Government of New Zealand
5.500%, 04/15/2023		320		313
Norway — 0.9%
DnB Bank MTN
4.750%, 03/08/2022 (A)	EUR	120		167

4 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
DnB Boligkreditt MTN
2.750%, 04/20/2015	EUR	625	$	837
2.375%, 04/11/2017	EUR	224		304
Eksportfinans
2.375%, 05/25/2016	USD	200		190
2.000%, 09/15/2015	USD	20		19
Government of Norway
4.500%, 05/22/2019		1,150		229
3.750%, 05/25/2021		7,510		1,458
Kommunalbanken MTN
1.000%, 03/15/2018 (B)		800		794
Sparebank 1 Boligkreditt MTN
2.375%, 11/22/2016	EUR	170		230
Yara International
7.875%, 06/11/2019 (B)	USD	185		238
				4,466
Peru — 0.1%
Republic of Peru
7.840%, 08/12/2020	PEI	1,600		778
Poland — 0.2%
Republic of Poland
5.125%, 04/21/2021	USD	135		156
3.375%, 07/09/2024	EUR	350		465
Republic of Poland, Ser 1019
5.500%, 10/25/2019		1,475		503
Republic of Poland, Ser E MTN
4.200%, 04/15/2020	EUR	60		89
				1,213
Portugal — 0.1%
EDP Finance BV MTN
5.750%, 09/21/2017		200		275
Portugal Obrigacoes do Tesouro OT
4.350%, 10/16/2017		220		273
				548
Qatar — 0.1%
State of Qatar
4.500%, 01/20/2022 (B)	USD	390		437
Russia — 0.4%
Gazprom Via Gaz Capital MTN
6.580%, 10/31/2013	GBP	240		373
3.755%, 03/15/2017	EUR	400		535
Russian Federation Registered
7.500%, 03/31/2030	USD	310		384
Severstal OAO Via Steel Capital MTN
4.450%, 03/19/2018 (B)	USD	320		317
VimpelCom Holdings
5.200%, 02/13/2019 (B)	USD	200		201
				1,810
Singapore — 0.3%
Government of Singapore
4.000%, 09/01/2018		495		471
3.125%, 09/01/2022		275		253
2.375%, 04/01/2017		425		369
Temasek Financial I
2.375%, 01/23/2023 (B)	USD	495		477
				1,570

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
South Africa — 0.1%
Republic of South Africa
10.500%, 12/21/2026		1,000	$	137
8.250%, 09/15/2017		6,600		781
				918
South Korea — 0.5%
Korea National Oil
3.125%, 04/03/2017 (B)	USD	540		569
Korea Treasury Bond
4.250%, 06/10/2021		1,009,870		1,003
3.500%, 09/10/2016		973,960		902
				2,474
Spain — 2.2%
Banco de Sabadell MTN
3.375%, 01/23/2018		100		129
Banco Popular Espanol
4.000%, 10/18/2016		100		131
3.750%, 01/22/2019		100		126
Banco Santander
4.625%, 01/20/2016		300		408
Bankia
4.250%, 05/25/2018		150		193
CaixaBank
5.125%, 04/27/2016		200		275
FADE - Fondo de Amortizacion del Deficit Electrico
4.125%, 03/17/2017		200		259
Government of Spain
5.850%, 01/31/2022		110		150
5.500%, 04/30/2021		1,720		2,318
4.850%, 10/31/2020		740		961
4.750%, 07/30/2014		925		1,229
4.700%, 07/30/2041		995		1,103
4.500%, 01/31/2018		750		989
4.200%, 01/31/2037		190		198
4.000%, 04/30/2020		100		125
3.300%, 10/31/2014		475		619
Santander International Debt SAU MTN
4.625%, 03/21/2016		700		920
Telefonica Emisiones MTN
5.811%, 09/05/2017		300		434
5.597%, 03/12/2020	GBP	100		163
4.710%, 01/20/2020		200		272
4.375%, 02/02/2016		375		512
				11,514
Supra-National — 0.3%
European Investment Bank MTN
2.750%, 09/15/2021		1,000		1,393
Sweden — 1.2%
Akzo Nobel Sweden Finance MTN
2.625%, 07/27/2022	EUR	150		194
Kingdom of Sweden, Ser 1041
6.750%, 05/05/2014		5,970		973
Kingdom of Sweden, Ser 1049
4.500%, 08/12/2015		5,050		837
Kingdom of Sweden, Ser 1051
3.750%, 08/12/2017		4,870		828
Kingdom of Sweden, Ser 1054
3.500%, 06/01/2022		2,300		406

5 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Kommuninvest I Sverige, Ser 1508 MTN
2.750%, 08/12/2015		5,300	$	835
Nordea Bank MTN
4.000%, 03/29/2021	EUR	255		351
Skandinaviska Enskilda Banken MTN
4.000%, 09/12/2022 (A)	EUR	190		259
1.875%, 11/14/2019		175		226
Swedbank Hypotek
3.625%, 10/05/2016	EUR	250		352
Swedbank MTN
7.375%, 06/26/2018 (A)	EUR	150		195
Telefonaktiebolaget LM Ericsson
4.125%, 05/15/2022	USD	465		484
				5,940
Switzerland — 0.9%
Aquarius and Investments for Zurich Insurance MTN
4.250%, 10/02/2043 (A)		100		128
Credit Suisse MTN
4.750%, 08/05/2019	EUR	400		603
Glencore Finance Europe
5.500%, 04/03/2022	GBP	400		698
4.125%, 04/03/2018	EUR	300		422
Government of Switzerland
2.000%, 04/28/2021		1,070		1,258
Novartis Finance MTN
4.250%, 06/15/2016	EUR	375		535
UBS
6.625%, 04/11/2018	GBP	150		280
6.375%, 07/20/2016	GBP	160		282
5.875%, 12/20/2017	USD	247		293
4.280%, 04/29/2049 (A)	EUR	200		254
				4,753
Thailand — 0.1%
Thailand Government Bond
3.650%, 12/17/2021		16,020		554
Turkey — 0.5%
Akbank
3.875%, 10/24/2017 (B)	USD	380		387
Republic of Turkey
9.000%, 01/27/2016		2,750		1,620
Turkiye Halk Bankasi
3.875%, 02/05/2020 (B)	USD	400		393
				2,400
United Arab Emirates — 0.2%
Abu Dhabi National Energy
3.625%, 01/12/2023 (B)	USD	400		403
IPIC GMTN MTN
6.875%, 03/14/2026	GBP	100		193
5.875%, 03/14/2021	EUR	125		193
				789
United Kingdom — 11.6%
Abbey National Treasury Services MTN
5.500%, 06/18/2014		775		1,231
5.250%, 02/16/2029		450		832
5.125%, 04/14/2021		300		543
4.250%, 04/12/2021	EUR	350		533

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
3.625%, 09/08/2016	EUR	300	$	420
3.375%, 06/08/2015	EUR	500		678
Anglian Water Services Financing, Ser A5 MTN
6.293%, 07/30/2030		500		980
Aviva MTN
6.875%, 05/22/2038 (A)	EUR	195		273
Bank of Scotland MTN
4.750%, 06/08/2022	EUR	290		460
4.625%, 06/08/2017	EUR	275		406
Barclays Bank MTN
6.750%, 01/16/2023 (A)		350		588
5.000%, 09/22/2016	USD	125		140
4.500%, 03/04/2019 (A)	EUR	125		161
4.250%, 01/12/2022		400		698
4.000%, 01/20/2017	EUR	200		282
BAT International Finance MTN
7.250%, 03/12/2024		250		515
5.375%, 06/29/2017	EUR	425		640
Bishopsgate Asset Finance
4.808%, 08/14/2044		192		288
BP Capital Markets
3.830%, 10/06/2017	EUR	350		501
2.994%, 02/18/2019	EUR	300		416
2.500%, 11/06/2022		400		389
British American Tobacco Holdings MTN
4.000%, 07/07/2020		100		147
British Telecommunications
6.375%, 06/23/2037		120		225
5.750%, 12/07/2028		411		744
Centrica MTN
4.375%, 03/13/2029		300		488
4.250%, 09/12/2044		200		292
Coventry Building Society MTN
4.625%, 04/19/2018		230		403
2.250%, 12/04/2017	EUR	150		195
Diageo Capital MTN
5.500%, 07/01/2013		550		714
Direct Line Insurance Group
9.250%, 04/27/2042 (A)		100		186
Eastern Power Networks MTN
6.250%, 11/12/2036		160		305
ENW Finance MTN
6.125%, 07/21/2021		350		643
Eversholt Funding MTN
5.831%, 12/02/2020		100		181
Experian Finance MTN
4.750%, 11/23/2018		300		518
FCE Bank MTN
5.125%, 11/16/2015		200		327
4.825%, 02/15/2017		200		331
1.875%, 05/12/2016		250		324
First Group PLC
5.250%, 11/29/2022		450		717
First Hydro Finance
9.000%, 07/31/2021		220		414
G4S International Finance MTN
2.625%, 12/06/2018	EUR	100		130
Great Rolling Stock MTN
6.250%, 07/27/2020		300		552

6 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Heathrow Funding MTN
7.125%, 02/14/2024		150	$	279
HJ Heinz Finance UK
6.250%, 02/18/2030		115		189
HSBC Bank
4.125%, 08/12/2020		375		412
HSBC Holdings MTN
9.875%, 04/08/2018 (A)		80		121
6.500%, 05/20/2024		250		484
4.000%, 03/30/2022	USD	145		156
Imperial Tobacco Finance MTN
8.375%, 02/17/2016	EUR	75		115
7.750%, 06/24/2019		600		1,181
7.250%, 09/15/2014	EUR	150		210
4.375%, 11/22/2013		550		721
Intu Finance MTN
3.875%, 03/17/2023 (E)		250		395
Lloyds TSB Bank MTN
4.625%, 02/02/2017		270		389
Mondi Finance MTN
3.375%, 09/28/2020	EUR	250		329
Motability Operations Group MTN
3.750%, 11/29/2017	EUR	300		428
National Westminster Bank
6.500%, 09/07/2021		220		363
Nationwide Building Society
3.125%, 10/13/2016	EUR	175		243
Network Rail Infrastructure Finance MTN
4.400%, 03/06/2016	CAD	690		722
Northern Rock
5.625%, 06/22/2017 (B)	USD	1,750		2,028
Northumbrian Water Finance
6.000%, 10/11/2017		500		896
Rolls-Royce
6.750%, 04/30/2019		100		192
Royal Bank of Scotland
5.750%, 05/21/2014	EUR	600		811
5.125%, 01/13/2024		400		739
Severn Trent Utilities Finance
6.250%, 06/07/2029		350		691
SSE MTN
5.750%, 02/05/2014		245		387
Standard Chartered MTN
4.000%, 07/12/2022 (A)		390		403
Tesco
6.052%, 10/13/2039		336		607
United Kingdom Gilt
6.000%, 12/07/2028		400		893
4.500%, 12/07/2042		2,215		4,270
4.250%, 06/07/2032		265		493
4.250%, 12/07/2049		25		46
4.250%, 12/07/2055		175		329
1.750%, 09/07/2022		750		1,139
1.000%, 09/07/2017		1,945		3,002
United Kingdom Treasury
4.750%, 09/07/2015		750		1,265
4.750%, 12/07/2030		1,240		2,444
4.750%, 12/07/2038		956		1,903
4.250%, 03/07/2036		550		1,016
4.250%, 09/07/2039		885		1,633
4.250%, 12/07/2046		385		714

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
4.000%, 03/07/2022		135	$	246
2.000%, 01/22/2016		533		848
1.750%, 01/22/2017		1,670		2,661
United Kingdom Treasury, Ser 2002
5.000%, 09/07/2014		550		893
Virgin Media Secured Finance
7.000%, 01/15/2018		180		291
Voyage Care Bondco
6.500%, 08/01/2018		150		232
Wales & West Utilities Finance MTN
6.750%, 12/17/2036 (A)		200		364
Western Power Distribution South West
5.750%, 03/23/2040		200		360
Westfield UK & Europe Finance MTN
4.250%, 07/11/2022		300		493
William Hill
7.125%, 11/11/2016		100		170
WPP MTN
6.625%, 05/12/2016	EUR	225		335
Yorkshire Power Finance
7.250%, 08/04/2028		208		419
Yorkshire Water Services Bradford Finance
6.375%, 08/19/2039		100		199
				58,959
United States — 5.6%
Aetna
2.750%, 11/15/2022		165		161
Alcoa
5.400%, 04/15/2021		215		223
Altria Group
4.750%, 05/05/2021		180		204
4.250%, 08/09/2042		265		250
American International Group
8.175%, 05/15/2058 (A)		240		323
5.850%, 01/16/2018		245		287
AT&T
5.875%, 04/28/2017	GBP	200		356
4.875%, 06/01/2044	GBP	430		680
4.450%, 05/15/2021		525		591
3.550%, 12/17/2032		200		260
Bank of America MTN
5.650%, 05/01/2018		350		405
Bank of America, Ser E MTN
5.125%, 09/26/2014	EUR	1,700		2,311
Bristol-Myers Squibb
2.000%, 08/01/2022		670		635
CCO Holdings
8.125%, 04/30/2020		90		101
Chevron
2.355%, 12/05/2022		810		804
Citigroup
5.875%, 01/30/2042		75		90
5.000%, 08/02/2019		230		345
4.500%, 01/14/2022		60		67
4.450%, 01/10/2017		550		606
4.250%, 02/25/2030 (A)	EUR	1,400		1,687

7 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
ConocoPhillips
1.050%, 12/15/2017		345	$	344
Digital Stout Holding MTN
4.250%, 01/17/2025 (E)		150		232
DIRECTV Holdings
3.800%, 03/15/2022		310		317
General Electric
2.700%, 10/09/2022		320		320
General Electric Capital MTN
5.500%, 01/08/2020		305		361
5.300%, 02/11/2021		205		235
4.625%, 01/07/2021		750		844
Goldman Sachs Group MTN
6.375%, 05/02/2018	EUR	400		619
5.750%, 01/24/2022		120		140
3.250%, 02/01/2023		400		521
Ingersoll-Rand Global Holding
9.500%, 04/15/2014		213		232
International Business Machines MTN
1.375%, 11/19/2019		250		319
JPMorgan Chase
4.500%, 01/24/2022		200		219
0.611%, 10/12/2015 (A)	EUR	350		440
JPMorgan Chase Bank
0.877%, 05/31/2017 (A)	EUR	1,250		1,570
Kroger
3.400%, 04/15/2022		36		38
Macy’s Retail Holdings
3.875%, 01/15/2022		190		200
Merrill Lynch MTN
0.733%, 09/14/2018 (A)	EUR	375		439
Metropolitan Life Global Funding I MTN
4.625%, 05/16/2017	EUR	200		291
Mondelez International
7.000%, 08/11/2037		200		269
5.375%, 02/10/2020		400		476
2.625%, 05/08/2013		625		626
Morgan Stanley
5.625%, 09/23/2019		175		201
5.375%, 08/10/2020	EUR	150		223
3.750%, 09/21/2017	EUR	350		478
3.750%, 02/25/2023		205		207
Motorola Solutions
3.500%, 03/01/2023		178		179
Nabors Industries
9.250%, 01/15/2019		221		284
NBCUniversal Media
4.375%, 04/01/2021		375		422
News America
4.500%, 02/15/2021		210		237
Omnicom Group
3.625%, 05/01/2022		130		133
Owens Corning
6.500%, 12/01/2016		145		163
Philip Morris International
2.900%, 11/15/2021		325		335
2.875%, 05/30/2024	EUR	100		133
2.125%, 05/30/2019	EUR	100		132
PNC Funding
5.125%, 02/08/2020		300		351

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
3.300%, 03/08/2022		150	$	155
Principal Financial Group
1.850%, 11/15/2017		175		177
Proctor and Gamble
2.000%, 08/16/2022	EUR	200		258
Prudential Financial
5.625%, 06/15/2043 (A)		545		564
Rabobank Capital Funding Trust IV
5.556%, 12/31/2019 (A)	GBP	153		230
Republic Services
4.750%, 05/15/2023		155		176
Reynolds American
3.250%, 11/01/2022		361		357
Ryder System MTN
5.850%, 11/01/2016		116		132
SABMiller Holdings MTN
1.875%, 01/20/2020		200		259
SLM
5.500%, 01/25/2023		261		259
Time Warner Cable
6.200%, 07/01/2013		750		760
Transocean
2.500%, 10/15/2017		173		175
United Technologies
1.800%, 06/01/2017		201		207
UnitedHealth Group
2.750%, 02/15/2023		120		118
WellPoint
4.650%, 01/15/2043		110		110
Wells Fargo MTN
4.600%, 04/01/2021		75		86
3.500%, 03/08/2022		235		247
2.625%, 08/16/2022	EUR	400		525
Williams
3.700%, 01/15/2023		354		351
Wynn Las Vegas
5.375%, 03/15/2022		235		246
				28,308
Total Global Bonds (Cost $470,844) ($ Thousands)				474,009
MORTGAGE-BACKED SECURITIES — 2.3%
Agency Mortgage-Backed Obligation — 0.0%
FHLMC, Ser K501-X1A, IO
1.755%, 08/25/2016 (A)(D)		331		15
Non-Agency Mortgage-Backed Obligation — 2.3%
Banc of America Merrill Lynch Commercial Mortgage, Ser 2005-6
5.187%, 09/10/2047 (A)		140		154
BB-UBS Trust, Ser 2012-SHOW, Cl A
3.430%, 11/05/2036 (B)		100		101
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A
5.424%, 09/25/2034 (A)		181		183

8 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Bear Stearns Commercial Mortgage Securities, Ser 2005-PWR8
4.674%, 06/11/2041		50	$	53
Bear Stearns Commercial Mortgage Securities, Ser 2005-T18, Cl A4
4.933%, 02/13/2042 (A)		134		143
Bear Stearns Commercial Mortgage Securities, Ser 2006-PW11, Cl A4
5.619%, 03/11/2039 (A)		450		501
Bear Stearns Commercial Mortgage Securities, Ser 2006-T22, Cl A4
5.573%, 04/12/2038 (A)		125		139
Bear Stearns Commercial Mortgage Securities, Ser 2006-T24, Cl A4
5.537%, 10/12/2041		400		455
Bear Stearns Commercial Mortgage Securities, Ser 2007-PW16, Cl A4
5.716%, 06/11/2040 (A)		241		280
Bear Stearns Commercial Mortgage Securities, Ser PW10, Cl A4
5.405%, 12/11/2040 (A)		55		61
Canary Wharf Finance, Ser II, Cl C2
1.061%, 10/22/2037 (A)(D)		200		213
CD Commercial Mortgage Trust, Ser 2005-CD1
5.219%, 07/15/2044 (A)		75		82
Citigroup Commercial Mortgage Trust, Ser 2008-C7, Cl A4
6.262%, 12/10/2049 (A)		405		479
Citigroup Mortgage Loan Trust, Ser 2005-2, Cl 1A4
2.735%, 05/25/2035 (A)		834		804
Citigroup, Ser 2007-CD4, Cl A4
5.322%, 12/11/2049		50		57
Commercial Mortgage Loan Trust, Ser 2008-LS1, Cl A4B
6.005%, 12/10/2049 (A)		90		105
Commercial Mortgage Pass Through Certificates, Ser WWP, Cl A2
3.424%, 03/10/2031 (B)		100		103
Commercial Mortgage Pass-Through Certificates, Ser 2012-CR3, Cl E
4.769%, 11/15/2045 (A)(B)		115		110
Commercial Mortgage Pass-Through Certificates, Ser 2012-CR5, Cl A4
2.771%, 12/10/2045		65		65
Credit Suisse Mortgage Capital Certificates, Ser 2006-C5, Cl A3
5.311%, 12/15/2039		50		56

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
CW Capital Cobalt, Ser 2006-C1, Cl A4
5.223%, 08/15/2048		140	$	156
Eddystone Finance, Ser 2006-1, Cl A2
0.741%, 04/19/2021 (A)(D)		150		214
Fosse Master Issuer, Ser 2011-1X, Cl A3
1.932%, 10/18/2054 (A)		255		392
Granite Master Issuer, Ser 2005-1, Cl A5
0.299%, 12/20/2054 (A)(D)		159		201
Granite Master Issuer, Ser 2006-2, Cl A5
0.319%, 12/20/2054 (A)(D)		314		397
Greenwich Capital Commercial Funding, Ser 2006-GG7, Cl A4
5.862%, 07/10/2038 (A)		50		56
Greenwich Capital Commercial Funding, Ser 2007-GG9, Cl A4
5.444%, 03/10/2039		125		142
GS Mortgage Securities II, Ser 2005-ROCK, Cl A
5.366%, 05/03/2032 (B)		50		61
GS Mortgage Securities II, Ser 2012-ALOH
3.551%, 04/10/2034 (B)		181		190
GS Mortgage Securities II, Ser 2012-GCJ7, Cl A4
3.377%, 05/10/2045		60		64
GS Mortgage Securities II, Ser 2012-GCJ9, Cl A3
2.773%, 11/10/2045		125		125
GSR Mortgage Loan Trust, Ser 2005-AR1, Cl 4A1
5.064%, 01/25/2035 (A)		233		229
JPMorgan Chase Commercial Mortgage Securities, Ser 2005-CB13, Cl A4
5.294%, 01/12/2043 (A)		75		82
JPMorgan Chase Commercial Mortgage Securities, Ser 2005-CIBC11
5.335%, 08/12/2037 (A)		95		102
JPMorgan Chase Commercial Mortgage Securities, Ser 2007-CB18, Cl A4
5.440%, 06/12/2047		880		998
JPMorgan Chase Commercial Mortgage Securities, Ser 2008-C2
6.068%, 02/12/2051		170		188
JPMorgan Chase Commercial Mortgage Securities, Ser 2012-C8, Cl E
4.670%, 10/15/2045 (A)(B)		100		95
JPMorgan Chase Commercial Mortgage Securities, Ser 2012-LC9, Cl A5
2.840%, 12/15/2047		185		185

9 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
JPMorgan Mortgage Trust, Ser 2004-A5, Cl 3A1
4.918%, 12/25/2034 (A)		190	$	192
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A4
5.197%, 11/15/2030 (A)		120		130
LB-UBS Commercial Mortgage Trust, Ser 2008-C1, Cl A2
6.153%, 04/15/2041 (A)		11		13
LB-UBS Commercial Mortgage Trust, Ser C2, Cl A3
5.430%, 02/15/2040		365		411
Merrill Lynch Mortgage Trust, Ser 2005-CIP1
5.047%, 07/12/2038 (A)		125		136
Merrill Lynch Mortgage Trust, Ser 2005-CKI1
5.273%, 11/12/2037 (A)		125		136
Merrill Lynch Mortgage Trust, Ser 2005-LC1, Cl A4
5.291%, 01/12/2044 (A)		363		398
Merrill Lynch, Ser 2007-7, Cl A4
5.741%, 06/12/2050 (A)		285		326
Morgan Stanley Capital I Trust, Ser 2005-T19, Cl A4A
4.890%, 06/12/2047		75		81
Morgan Stanley Capital I Trust, Ser 2006-T21, Cl A4
5.162%, 10/12/2052 (A)		175		192
Morgan Stanley Re-REMIC Trust, Ser 2010-GG10, Cl A4A
5.791%, 08/15/2045 (A)(B)		100		115
Silverstone Master Issuer, Ser 2009-1, Cl A2
2.225%, 01/21/2055 (A)		300		464
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C2, Cl A4
3.525%, 05/10/2063		170		180
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C3, Cl D
4.958%, 08/10/2049 (A)(B)		115		111
UBS-Barclays Commercial Mortgage Trust, Ser 2012-C3, Cl A4
3.091%, 08/10/2049		125		128
UBS-Barclays Commercial Mortgage Trust, Ser 2013-C5, Cl A4
3.185%, 03/10/2046		150		154
Wells Fargo Commercial Mortgage Trust, Ser LC5, Cl D
4.780%, 10/15/2045 (A)(B)		41		39
WFRBS Commercial Mortgage Trust, Ser 2011-C2, Cl A4
4.869%, 02/15/2044 (A)(B)		50		58
WFRBS Commercial Mortgage Trust, Ser 2011-C4, Cl A4
4.902%, 06/15/2044 (A)(B)		250		292

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
WFRBS Commercial Mortgage Trust, Ser 2012-C10, Cl A3
2.875%, 12/15/2045		130	$	131
WFRBS Commercial Mortgage Trust, Ser 2013-C11, Cl A5
3.071%, 03/15/2045		100		102
				11,810
Total Mortgage-Backed Securities (Cost $11,759) ($ Thousands)				11,825
CORPORATE OBLIGATIONS — 1.6%
United States — 1.6%
AbbVie
4.400%, 11/06/2042 (B)		90		91
2.900%, 11/06/2022 (B)		255		255
1.750%, 11/06/2017 (B)		49		50
American Express Credit MTN
2.750%, 09/15/2015		400		418
Anadarko Petroleum
6.375%, 09/15/2017		330		394
Ball
5.000%, 03/15/2022		230		239
Bank of America MTN
5.000%, 05/13/2021		175		196
BE Aerospace
5.250%, 04/01/2022		230		237
CBS
4.300%, 02/15/2021		300		327
Cimarex Energy
5.875%, 05/01/2022		116		124
CMS Energy
5.050%, 03/15/2022		140		161
CNA Financial
7.250%, 11/15/2023		110		140
6.500%, 08/15/2016		40		46
Duke Realty
6.750%, 03/15/2020 (E)		140		171
Eagle Spinco
4.625%, 02/15/2021 (B)		48		49
Enterprise Products Operating
5.950%, 02/01/2041		100		116
General Electric Capital MTN
5.550%, 05/04/2020		45		54
2.375%, 06/30/2015		150		155
Goldman Sachs Group
6.000%, 06/15/2020		45		53
Humana
7.200%, 06/15/2018		280		343
Kinder Morgan Energy Partners
3.500%, 09/01/2023		171		173
Lincoln National
8.750%, 07/01/2019		128		173
Lorillard Tobacco
6.875%, 05/01/2020		275		333
McGraw-Hill
5.900%, 11/15/2017		325		367
Morgan Stanley
3.450%, 11/02/2015		125		131
Motorola Solutions
7.500%, 05/15/2025		85		108
Nisource Finance
6.800%, 01/15/2019		235		287

10 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Noble Energy
8.250%, 03/01/2019		250	$	326
Noble Holding International
4.900%, 08/01/2020		25		28
PNC Bank
2.700%, 11/01/2022		445		432
Prudential Financial MTN
6.100%, 06/15/2017		125		147
Ryder System MTN
7.200%, 09/01/2015		108		123
SABMiller Holdings
3.750%, 01/15/2022 (B)		400		428
Time Warner
4.875%, 03/15/2020		150		172
Time Warner Cable
7.500%, 04/01/2014		385		411
Union Electric
6.700%, 02/01/2019		45		56
Viacom
6.125%, 10/05/2017		325		385
Wachovia Capital Trust III
5.570%, 12/31/2049 (A)		385		386
Total Corporate Obligations (Cost $7,381) ($ Thousands)				8,085
U.S. TREASURY OBLIGATIONS — 0.5%
U.S. Treasury Notes
2.000%, 02/15/2022		1,175		1,208
0.750%, 12/31/2017		830		831
U.S. Treasury Bond
3.125%, 02/15/2043		410		411
Total U.S. Treasury Obligations (Cost $2,443) ($ Thousands)				2,450
ASSET-BACKED SECURITY — 0.1%
Automotive — 0.1%
Bank of America Auto Trust, Ser 2012-1, Cl A2
0.590%, 11/17/2014		480		481
Total Asset-Backed Security (Cost $481) ($ Thousands)				481

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
TIME DEPOSITS — 2.0%
United States — 2.0%
Brown Brothers Harriman
4.150%, 04/01/2013	ZAR	—	$	—
2.070%, 04/01/2013	AUD	20		21
1.450%, 04/01/2013	NZD	22		18
0.650%, 04/01/2013	NOK	346		59
0.233%, 04/01/2013	CAD	24		24
0.071%, 04/01/2013	GBP	68		103
0.050%, 04/01/2013	SEK	107		16
0.030%, 04/01/2013		8,353		8,353
0.010%, 04/01/2013	SGD	21		17
0.005%, 04/01/2013	JPY	9,511		101
0.005%, 04/01/2013	HKD	2		—
0.001%, 04/01/2013	CHF	—		—
(0.028)%, 04/01/2013	EUR	1,077		1,380
(0.150)%, 04/01/2013	DKK	1		—
Total Time Deposits (Cost $10,092) ($ Thousands)				10,092
Total Investments — 99.5% (Cost $503,000) ($ Thousands)			$	506,942

A list of the open futures contracts held by the Fund at March 31, 2013, is as follows:

Type of Contract	Number of Contracts Long (Short)			Expiration Date		Unrealized Appreciation (Depreciation) ($ Thousands)
10-YR MINI JGB		2			Jun-2013	$	—
Australian 10-Year Bond		17			Jun-2013		26
Australian 3-Year Bond		(7	)		Jun-2013		(3	)
Canadian 10-Year Bond		3			Jun-2013		3
Euro-Bobl		60			Jun-2013		62
Euro-BTP		(1	)		Jun-2013		(1	)
Euro-Bund		33			Jun-2013		51
Euro-Buxl 30 Year Bond		(1	)		Jun-2013		(2	)
FIN FUT EUR		8			Jun-2013		13
Japanese 10-Year Bond		4			Jun-2013		22
Long Gilt 10-Year Bond		(34	)		Jun-2013		(119	)
U.S. 10-Year Treasury Note		(52	)		Jun-2013		(57	)
U.S. 2-Year Treasury Note		(59	)		Jun-2013		(2	)
U.S. 5-Year Treasury Note		(114	)		Jun-2013		(18	)
U.S. Long Treasury Bond		20			Jun-2013		3
U.S. Long Treasury Bond		(7	)		Jun-2013		(14	)
U.S. Ultra Long Treasury Bond		(4	)		Jun-2013		—
						$	(36	)

For the six months ended March 31, 2013, 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.

11 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

A list of the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Settlement Date	Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) ($ Thousands)
04/03/2013-04/30/2013		AUD	12,806		USD	13,158	$	(151	)
04/03/2013-04/30/2013		CAD	26,056		USD	25,385		(255	)
04/03/2013-04/30/2013		DKK	36,195		USD	6,337		114
04/03/2013-04/30/2013		GBP	42,450		USD	64,296		(194	)
04/03/2013-04/30/2013		SEK	39,384		USD	6,106		63
04/03/2013-05/02/2013		EUR	177,254		USD	230,939		3,738
04/03/2013-05/03/2013		JPY	9,414,763		USD	100,378		358
04/03/2013-05/03/2013		USD	4,763		EUR	3,702		(18	)
04/08/2013-04/30/2013		MYR	1,446		USD	463		(3	)
04/10/2013		PEI	2,023		USD	782		1
04/11/2013-04/30/2013		USD	1,766		GBP	1,168		8
04/12/2013-04/30/2013		USD	3,886		MXN	49,658		129
04/12/2013-05/02/2013		USD	1,929		JPY	184,240		29
04/12/2013-06/20/2013		MXN	46,746		USD	3,634		(131	)
04/19/2013		TRY	2,899		USD	1,601		2
04/26/2013		NZD	353		USD	292		(3	)
04/26/2013		USD	730		SGD	911		5
04/26/2013-04/30/2013		CZK	23,835		USD	1,202		15
04/30/2013		CHF	1,625		USD	1,721		9
04/30/2013		KRW	2,756,744		USD	2,472		(5	)
04/30/2013		NOK	2,937		USD	502		(1	)
04/30/2013		PLN	2,145		USD	664		6
04/30/2013		SGD	1,399		USD	1,118		(11	)
04/30/2013		THB	16,305		USD	559		3
04/30/2013		USD	290		NOK	1,690		(1	)
04/30/2013		USD	659		SEK	4,280		(3	)
04/30/2013		ZAR	8,782		USD	939		(14	)
							$	3,690

A list of the counterparties for the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Counterparty	Settlement Date		Currency to Deliver ($ Thousands)			Currency to Receive ($ Thousands)		Unrealized Appreciation (Depreciation) ($ Thousands)
Bank of America		04/03/2013-04/30/2013		(3,648	)		3,663	$	15
Banyan Securities		04/03/2013-04/11/2013		(123,094	)		125,069		1,975
Barclays PLC		04/03/2013-04/30/2013		(10,649	)		10,586		(63	)
BMO Nesbitt Burns		04/03/2013-04/10/2013		(30,704	)		31,327		623
BNP Paribas		04/10/2013-04/30/2013		(9,474	)		9,547		73
Brown Brothers Harriman		04/03/2013-05/03/2013		(3,476	)		3,514		38
Citigroup		04/26/2013-04/30/2013		(3,854	)		3,859		5
Credit Suisse First Boston		04/11/2013-04/30/2013		(3,849	)		3,837		(12	)
Deutsche Bank		04/30/2013		(3,321	)		3,329		8
Goldis Financial Group		04/18/2013		(1,853	)		1,890		37
Goldman Sachs		04/12/2013-04/30/2013		(5,248	)		5,230		(18	)
HSBC		04/11/2013-04/12/2013		(1,924	)		1,928		4
JPMorgan Chase Bank		04/11/2013-04/30/2013		(79,413	)		79,798		385
National Alliance Capital		04/03/2013-04/30/2013		(43,792	)		43,295		(497	)
Raymond James & Associates		04/30/2013		(1,530	)		1,526		(4	)
Royal Bank of Canada		04/11/2013		(358	)		357		(1	)
Royal Bank of Scotland		04/11/2013-06/20/2013		(16,892	)		16,652		(240	)
Societe Generale		04/03/2013		(1,148	)		1,145		(3	)
Standard Bank		04/10/2013-04/12/2013		(1,580	)		1,577		(3	)
Starr Securities		04/03/2013		(292	)		292		—
State Street		04/03/2013-04/30/2013		(9,409	)		9,511		102
UBS		04/11/2013-04/30/2013		(97,315	)		98,670		1,355
Westpac Banking		04/30/2013		(20,206	)		20,117		(89	)
								$	3,690

For the six months ended March 31, 2013, the total amount of all open forward foreign currency contracts, as presented in the table above are representative of the volume of activity for this derivative type during the period.

12 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

International Fixed Income Fund

March 31, 2013

A list of the open swap agreements held by the Fund at March 31, 2013, is as follows:

Interest Rate Swaps
Counterparty	Fund Pays	Fund Receives	Termination Date	Currency	Notional Amount (Thousands)		Net Unrealized Appreciation (Depreciation)
Citigroup	3.79%	6-Month GBP LIBOR	05/19/2019	GBP		2,500	$	(640	)
Deutsche Bank	6-Month EURIBOR Flat	1.77%	09/07/2022	EUR		5,250		171
Deutsche Bank	1.93%	6-Month EURIBOR	04/03/2019	EUR		4,200		(359	)
JPMorgan Chase Bank	6-Month JPY LIBOR	2.22%	03/26/2027	JPY		750,000		1,242
Merrill Lynch	3-Month Canadian Bankers Acceptance Rate	2.56%	04/24/2022	CAD		2,000		73
Royal Bank of Scotland	6-Month EURIBOR	3.14%	08/04/2021	EUR		1,450		290
UBS Warburg	2.66%	6-Month GBP LIBOR	09/05/2032	GBP		1,000		18
UBS Warburg	1.07%	6-Month EURIBOR FLAT	09/11/2017	EUR		2,000		(43	)
							$	752

Credit Default Swap
Counterparty	Reference Entity/Obligation	Buy/Sell Protection	(Pays)/Receives Rate			Termination Date	Notional Amount ($ Thousands)		Net Unrealized Appreciation ($ Thousands)
JPMorgan Chase Bank	JPSW Itraxx Europe Series 19 5 Yr	BUY		1.00	%	06/20/2018	$	5,000	$	18

For the six months ended March 31, 2013, the total amount of all swap agreements, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

Percentages are based on a Net Assets of $509,330 ($ Thousands).

(1) In local currency unless otherwise indicated.

(A) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of March 31, 2013.

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

(C) Step Bonds - The rate reflected on the Schedule of Investments is the effective yield on March 31, 2013. The coupon on a step bond changes on a specified date.

(D) Securities considered illiquid. The total market value of such securities as of March 31, 2013 was $1,358 ($ Thousands) and represented 0.3% of Net Assets.

(E) Real Estate Investment Trust.

AUD — Australian Dollar

CAD — Canadian Dollar

CHF — Swiss Franc

CZK — Czech Koruna

Cl — Class

DKK — Danish Krone

EUR — Euro

EURIBOR — Euro London Interbank Offered Rate

FHLMC — Federal Home Loan Mortgage Corporation

GBP — British Pound Sterling

HKD — Hong Kong Dollar

JPY — Japanese Yen

KRW — Korean Won

LIBOR — London Interbank Offered Rate

MTN — Medium Term Note

MXP — Mexican Peso

MYR — Malaysian Ringgit

NOK — Norwegian Krone

NZD — New Zealand Dollar

PLC — Public Limited Company

PLN — Polish Zlotty

SEK — Swedish Krone

Ser — Series

SGD — Singapore Dollar

TRY — Turkish Lira

USD — U.S. Dollar

ZAR — South African Rand

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3		Total
Global Bonds	$	—	$	474,009	$	—	$	474,009
Mortgage-Backed Securities		—		11,825		—		11,825
Corporate Obligations		—		8,085		—		8,085
U.S. Treasury Obligations		—		2,450		—		2,450
Asset-Backed Security		—		481		—		481
Time Deposits		—		10,092		—		10,092
Total Investments in Securities	$	—	$	506,942	$	—	$	506,942

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Futures Contracts *	$	(36	)	$	—	$	—	$	(36	)
Forwards Contracts *		—			3,690		—		3,690
Interest Rate Swaps *		—			752		—		752
Credit Default Swaps *		—			18		—		18
Total Other Financial Instruments	$	(36	)	$	4,460	$	—	$	4,424

* Futures contracts, forwards contracts, and swap contracts are valued at the net unrealized appreciation/(depreciation) on the instrument.

For the six months ended March 31, 2013, there were no transfers between Level 1 and Level 2 assets and liabilities.

For the six months ended March 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

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

13 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS — 90.4%
Angola — 0.1%
Republic of Angola Via Northern Lights III
7.000%, 08/16/2019		387	$	428
7.000%, 08/16/2019		775		856
				1,284
Argentina — 0.9%
City of Buenos Aires Argentina
9.950%, 03/01/2017 (A)(B)		1,200		1,014
Deutsche Bank, CLN (Cablevision) MTN
9.375%, 02/13/2018 (B)		1,204		870
Province of Buenos Aires
9.375%, 09/14/2018 (A)		470		320
Province of Medoza
5.500%, 09/04/2018 (A)		247		178
Republic of Argentina
8.750%, 06/02/2017		587		431
8.280%, 12/31/2033		2,443		1,319
8.280%, 12/31/2033		1,016		528
7.820%, 12/31/2033	EUR	1,685		1,112
7.820%, 12/31/2033	EUR	275		181
7.820%, 12/31/2033	EUR	3,215		2,102
7.000%, 10/03/2015		1,536		1,277
7.000%, 09/12/2013		54		53
7.000%, 10/03/2015		406		338
7.000%, 09/12/2013		447		441
2.500%, 03/31/2019 (C)		417		130
1.180%, 12/31/2038 (C)(D)	ARS	2		—
0.000%, 12/15/2035 (D)	ARS	2		—
Transportadora Gas del Norte
3.500%, 08/22/2014 (A)(B)(C)		173		—
3.500%, 08/22/2014 (A)(B)(C)		318		—
0.000%, 08/22/2019 (A)(B)(E)		125		72
0.000%, 08/22/2019 (A)(B)(E)		38		22
WPE International Cooperatief
10.375%, 09/30/2020		300		279
10.375%, 09/30/2020 (B)		950		884
				11,551
Azerbaijan — 0.1%
State Oil of the Azerbaijan Republic
5.450%, 02/09/2017		657		700
Barbados — 0.1%
Columbus International
11.500%, 11/20/2014 (B)		600		669
Belarus — 0.2%
Republic of Belarus
8.950%, 01/26/2018		1,490		1,591

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
8.750%, 08/03/2015		1,130	$	1,175
				2,766
Bermuda — 0.1%
Government of Bermuda
4.138%, 01/03/2023 (B)		820		861
Bolivia — 0.0%
Government of Bolivia
4.875%, 10/29/2022 (B)		250		249
Bosnia and Herzegovina — 0.1%
Republic of Bosnia & Herzegovina
1.063%, 12/11/2017 (A)(D)	DEM	1,350		725
Brazil — 8.3%
Banco do Brasil
6.250%, 12/31/2049 (B)(D)		322		317
3.875%, 10/10/2022		209		202
Banco Nacional de Desenvolvimento Economico e Social
6.500%, 06/10/2019 (B)		660		774
5.500%, 07/12/2020 (B)		400		451
Barclays, CLN (Federal Republic of Brazil)
10.000%, 01/01/2023	BRL	12,710		6,264
6.000%, 05/15/2015	BRL	2,710		3,267
6.000%, 05/15/2015	BRL	660		796
6.000%, 08/15/2016	BRL	500		610
6.000%, 08/15/2020	BRL	840		1,082
BM&FBovespa
5.500%, 07/16/2020		300		332
BR Malls International Finance
8.500%, 12/31/2049 (B)		145		159
BR Properties
9.000%, 12/31/2049 (B)		241		265
Braskem Finance
7.375%, 10/04/2049		200		207
Brazil Letras do Tesouro Nacional
8.572%, 01/01/2015 (E)	BRL	12,170		5,206
Brazil Notas do Tesouro Nacional, Ser B
13.199%, 05/15/2015	BRL	5,706		6,879
10.674%, 08/15/2020	BRL	8,330		10,726
Brazil Notas do Tesouro Nacional, Serie B
6.000%, 08/15/2016	BRL	332		405
6.000%, 08/15/2050	BRL	1,520		2,187
Brazil Notas do Tesouro Nacional, Serie F
10.000%, 01/01/2021	BRL	1,932		957
10.000%, 01/01/2023	BRL	90		44
Caixa Economica Federal
2.375%, 11/06/2017 (B)		1,000		971
Cia Energetica de Sao Paulo MTN
9.750%, 01/15/2015		630		486

1 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Citigroup Funding, CLN (Federal Republic of Brazil) MTN
6.000%, 08/16/2018		5,154	$	5,319
Cosan
5.000%, 03/14/2023	USD	200		201
Deutsche Bank, CLN (Nota Do Tesouro Nacional) MTN
10.000%, 01/06/2021		2,500		2,581
Federal Republic of Brazil
10.250%, 01/10/2028	BRL	2,000		1,187
10.125%, 05/15/2027		2,117		3,644
8.875%, 04/15/2024		440		674
8.500%, 01/05/2024	BRL	7,600		4,016
8.250%, 01/20/2034		1,186		1,803
7.125%, 01/20/2037		2,404		3,336
4.875%, 01/22/2021		560		650
2.625%, 01/05/2023		400		384
Fibria Overseas Finance
6.750%, 03/03/2021		500		552
General Shopping Finance
10.000%, 12/31/2049 (B)		234		237
Globo Comunicacao e Participacoes
6.250%, 07/20/2015 (C)		147		156
HSBC, CLN (Federal Republic of Brazil)
10.000%, 01/01/2017	BRL	7,800		3,910
10.000%, 01/01/2017	BRL	2,160		1,083
10.000%, 01/01/2021	BRL	6,770		3,355
10.000%, 01/01/2021	BRL	1,700		842
6.000%, 05/15/2015	BRL	1,880		2,266
6.000%, 08/15/2022	BRL	700		919
Hypermarcas
6.500%, 04/20/2021 (B)		224		242
Itau Unibanco Holding
5.650%, 03/19/2022 (B)		200		210
5.125%, 05/13/2023 (B)		338		344
JBS Finance II
8.250%, 01/29/2018		300		328
8.250%, 01/29/2018 (B)		900		985
JPMorgan, CLN (Federal Republic of Brazil)
10.000%, 01/01/2017	BRL	18,700		9,374
10.000%, 01/01/2017	BRL	2,400		1,203
10.000%, 01/01/2023	BRL	1,800		887
6.000%, 05/15/2015	BRL	2,350		2,833
Marfrig Holding Europe
8.375%, 05/09/2018		1,500		1,354
Minerva Luxembourg
12.250%, 02/10/2022 (B)		1,000		1,245
7.750%, 01/31/2023		200		215
7.750%, 01/31/2023 (B)		261		280
Odebrecht Drilling Norbe VIII/IX
6.350%, 06/30/2021 (B)		22		24
6.350%, 06/30/2021		116		128
OGX Austria GmbH
8.500%, 06/01/2018		200		156
8.375%, 04/01/2022		200		151

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
8.375%, 04/01/2022 (B)		400	$	302
OGX Petroleo e Gas Participacoes
8.500%, 06/01/2018 (B)		708		552
OSX 3 Leasing
9.250%, 03/20/2015		400		397
Petrobras International Finance
5.375%, 01/27/2021	USD	20		22
QGOG Atlantic/Alaskan Rigs
5.250%, 07/30/2018 (B)		268		277
Samarco Mineracao
4.125%, 11/01/2022 (B)		234		228
Schahin II Finance
5.875%, 09/25/2022 (B)		579		599
Telemar Norte Leste
5.500%, 10/23/2020 (B)		200		209
Vale
5.625%, 09/11/2042		340		336
Vale Overseas
8.250%, 01/17/2034		230		295
6.875%, 11/21/2036		250		284
Voto-Votorantim Overseas Trading Operations
6.625%, 09/25/2019 (B)		490		564
				103,726
Canada — 0.0%
First Quantum Minerals
7.250%, 10/15/2019 (A)(B)		250		250
PTTEP Canada International Finance MTN
5.692%, 04/05/2021		200		230
				480
Chile — 1.0%
Automotores Gildemeister
6.750%, 01/15/2023		500		525
Banco del Estado de Chile
4.125%, 10/07/2020		130		140
3.875%, 02/08/2022 (B)		230		242
BancoEstado
4.125%, 10/07/2020 (B)		270		290
Cencosud
4.875%, 01/20/2023 (B)		205		208
Empresa Nacional del Petroleo
6.250%, 07/08/2019		50		56
6.250%, 07/08/2019 (B)		100		112
5.250%, 08/10/2020 (B)		240		254
5.250%, 08/10/2020		100		106
Inversiones Alsacia
8.000%, 08/18/2018 (B)		872		829
Nacional del Cobre de Chile
7.500%, 01/15/2019		170		214
6.150%, 10/24/2036		1,281		1,529
5.625%, 09/21/2035		880		983
4.250%, 07/17/2042 (B)		654		601
3.875%, 11/03/2021 (B)		813		853
3.750%, 11/04/2020		210		220
3.750%, 11/04/2020 (B)		290		304
3.000%, 07/17/2022 (B)		921		900
Republic of Chile
5.500%, 08/05/2020	CLP	500,000		1,141

2 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
5.500%, 08/05/2020	CLP	140,000	$	319
3.250%, 09/14/2021		656		688
2.250%, 10/30/2022		678		654
SMU
7.750%, 02/08/2020 (B)		200		214
Telefonica Chile
3.875%, 10/12/2022 (B)		401		394
Telefonica Moviles Chile
2.875%, 11/09/2015		300		305
				12,081
China — 1.4%
Agile Property Holdings
8.875%, 04/28/2017		400		426
Amber Circle Funding
3.250%, 12/04/2022		1,200		1,198
Central China Real Estate
12.250%, 10/20/2015		400		439
China Oriental Group
8.000%, 08/18/2015		300		305
8.000%, 08/18/2015 (B)		950		967
China Overseas Finance Cayman II
5.500%, 11/10/2020		100		112
China Shanshui Cement Group
10.500%, 04/27/2017		200		223
10.500%, 04/27/2017 (B)		650		725
CNPC HK Overseas Capital
5.950%, 04/28/2041		400		485
Country Garden Holdings
11.250%, 04/22/2017		300		334
7.500%, 01/10/2023 (B)		202		206
7.500%, 01/10/2023		400		409
Evergrande Real Estate Group
13.000%, 01/27/2015		50		54
13.000%, 01/27/2015		200		218
13.000%, 01/27/2015 (B)		600		652
9.250%, 01/19/2016	CNY	5,000		818
7.500%, 01/19/2014	CNY	3,000		489
Franshion Development
6.750%, 04/15/2021 (B)		320		345
Gemdale International Investment
7.125%, 11/16/2017		300		311
Hidili Industry International Development
8.625%, 11/04/2015		800		586
Longfor Properties
9.500%, 04/07/2016		300		328
Mega Advance Investments
5.000%, 05/12/2021 (B)		406		461
Sinochem Offshore Capital
1.800%, 01/18/2014	CNY	2,000		319
Sinochem Overseas Capital
6.300%, 11/12/2040		250		287
4.500%, 11/12/2020		1,246		1,346
4.500%, 11/12/2020 (B)		3,472		3,750
Sinopec Group Overseas Development 2012
4.875%, 05/17/2042 (B)		300		322
3.900%, 05/17/2022 (B)		300		319

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Sunac China Holdings
12.500%, 10/16/2017		300	$	337
Tencent Holdings
4.625%, 12/12/2016		250		273
3.375%, 03/05/2018 (B)		217		226
				17,270
Colombia — 3.9%
Bancolombia
5.125%, 09/11/2022		175		176
Bogota Distrito Capital
9.750%, 07/26/2028	COP	530,000		420
9.750%, 07/26/2028 (B)	COP	8,820,000		6,991
Citigroup Funding, CLN (Republic of Columbia) MTN
11.000%, 07/27/2020	COP	8,830,000		6,626
Colombian TES
10.000%, 07/24/2024	COP	2,750,000		2,125
7.500%, 08/26/2026	COP	2,356,000		1,567
Ecopetrol
7.625%, 07/23/2019 (B)		220		276
Emgesa ESP
8.750%, 01/25/2021	COP	870,000		566
Empresa de Energia de Bogota
6.125%, 11/10/2021		300		334
Empresas Publicas de Medellin ESP
8.375%, 02/01/2021	COP	310,000		198
Grupo Aval
5.250%, 02/01/2017 (B)		200		214
4.750%, 09/26/2022 (B)		222		223
Gruposura Finance
5.700%, 05/18/2021 (B)		410		454
Pacific Rubiales Energy
5.125%, 03/28/2023 (B)		206		208
Republic of Colombia
12.000%, 10/22/2015	COP	653,000		430
11.750%, 02/25/2020		1,685		2,633
10.375%, 01/28/2033		140		241
9.850%, 06/28/2027	COP	3,810,000		3,212
9.850%, 06/28/2027	COP	2,670,000		2,251
8.125%, 05/21/2024		1,348		1,940
7.750%, 04/14/2021	COP	6,001,000		4,168
7.375%, 03/18/2019		1,760		2,266
7.375%, 09/18/2037		4,477		6,402
6.125%, 01/18/2041		1,705		2,145
4.375%, 07/12/2021		450		503
4.375%, 03/21/2023	COP	1,371,000		775
2.625%, 03/15/2023		454		436
Titulos de Tesoreria
7.000%, 02/25/2015	COP	570,000		708
Transportadora de Gas Internacional ESP
5.700%, 03/20/2022 (B)		350		381
				48,869
Costa Rica — 0.0%
Costa Rica Government International Bond
4.250%, 01/26/2023 (A)		610		609

3 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013  

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Croatia — 0.8%
Government of Croatia
6.750%, 11/05/2019		2,673	$	2,927
6.625%, 07/14/2020 (B)		170		185
6.625%, 07/14/2020		950		1,033
6.375%, 03/24/2021 (B)		775		834
6.375%, 03/24/2021		810		871
6.250%, 04/27/2017 (B)		1,412		1,512
5.875%, 07/09/2018	EUR	150		207
5.500%, 04/04/2023 (B)(F)		869		861
Zagrebacki Holding
5.500%, 07/10/2017	EUR	1,100		1,142
				9,572
Czech Republic — 0.1%
Central European Media Enterprises
11.625%, 09/15/2016 (B)	EUR	700		929
11.625%, 09/15/2016		300		398
				1,327
Dominican Republic — 0.3%
Cap Cana
10.000%, 04/30/2016 (A)(G)		844		127
10.000%, 04/30/2016 (A)(G)		982		147
Dominican Republic
9.040%, 01/23/2018		1,498		1,669
7.500%, 05/06/2021 (B)		1,830		2,046
				3,989
Ecuador — 0.0%
Republic of Ecuador
9.375%, 12/15/2015		460		480
Egypt — 0.1%
Government of Egypt
6.875%, 04/30/2040		240		186
5.750%, 04/29/2020 (B)		100		84
5.750%, 04/29/2020		350		296
Nile Finance
5.250%, 08/05/2015		280		256
				822
El Salvador — 0.4%
Republic of El Salvador
8.250%, 04/10/2032		140		175
7.750%, 01/24/2023		332		402
7.650%, 06/15/2035		1,327		1,521
7.625%, 02/01/2041 (B)		150		172
7.375%, 12/01/2019		570		676
5.875%, 01/30/2025		656		688
5.875%, 01/30/2025 (A)(B)		820		869
Telemovil Finance
8.000%, 10/01/2017		600		651
				5,154
Gabon — 0.0%
Gabonese Republic
8.200%, 12/12/2017		226		273

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Georgia — 0.1%
JSC Georgian Railway
7.750%, 07/11/2022 (B)		390	$	446
Republic of Georgia
6.875%, 04/12/2021 (B)		340		389
				835
Ghana — 0.1%
Republic of Ghana
8.500%, 10/04/2017 (B)		300		343
8.500%, 10/04/2017		440		502
				845
Guatemala — 0.2%
Guatemala Government Bond
5.750%, 06/06/2022		1,236		1,362
4.875%, 02/13/2028 (B)		1,020		997
				2,359
Hong Kong — 0.3%
CFG Investment
9.750%, 07/30/2019		450		422
9.750%, 07/30/2019		450		423
Fosun International
7.500%, 05/12/2016		400		421
Hengdeli Holdings
6.250%, 01/29/2018		600		614
Hutchison Whampoa International
6.000%, 12/31/2049 (D)		260		278
Industrial & Commercial Bank of China Asia MTN
5.125%, 11/30/2020		560		620
PCCW-HKT Capital No. 4
4.250%, 02/24/2016		301		318
Shimao Property Holdings
11.000%, 03/08/2018		300		342
Yancoal International Resources Development
5.730%, 05/16/2022 (B)		281		287
				3,725
Hungary — 2.7%
Hungary Treasury Bills
5.504%, 04/17/2013 (E)		450,000		1,892
Magyar Export-Import Bank RT
5.500%, 02/12/2018 (B)		200		197
Republic of Hungary
8.000%, 02/12/2015	HUF	1,052,950		4,690
7.750%, 08/24/2015	HUF	1,630,040		7,299
7.625%, 03/29/2041		870		887
7.000%, 06/24/2022	HUF	609,000		2,677
6.750%, 02/24/2017	HUF	164,010		724
6.750%, 11/24/2017	HUF	939,900		4,165
6.500%, 06/24/2019	HUF	219,150		955
6.375%, 03/29/2021		1,734		1,786
6.250%, 01/29/2020		781		798
6.000%, 01/11/2019	EUR	982		1,270
6.000%, 11/24/2023	HUF	133,510		546
5.750%, 06/11/2018	EUR	1,319		1,697
5.500%, 05/06/2014	GBP	66		102
5.375%, 02/21/2023		1,000		941
5.000%, 03/30/2016	GBP	227		339
4.125%, 02/19/2018		486		464
3.500%, 07/18/2016	EUR	1,637		2,024
				33,453

4 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
India — 0.2%
Bharti Airtel International Netherlands
5.125%, 03/11/2023 (B)		549	$	551
Export-Import Bank of India MTN
4.000%, 08/07/2017		200		211
ICICI Bank
5.750%, 11/16/2020 (B)		128		141
Reliance Holdings USA
6.250%, 10/19/2040 (A)		550		607
5.400%, 02/14/2022 (B)		250		279
Vedanta Resources
8.250%, 06/07/2021		800		912
				2,701
Indonesia — 4.6%
Adaro Indonesia
7.625%, 10/22/2019 (B)		455		493
Deutsche Bank, CLN (Republic of Indonesia)
7.000%, 05/15/2022	IDR	4,600,000		522
Indo Energy Finance II
6.375%, 01/24/2023 (B)		200		205
6.375%, 01/24/2023		200		205
Indosat Palapa
7.375%, 07/29/2020 (B)		352		390
JPMorgan, CLN (Republic of Indonesia)
7.000%, 05/15/2022	IDR	107,500,000		12,198
5.625%, 05/15/2023	IDR	12,900,000		1,320
5.250%, 05/15/2018	IDR	20,000,000		2,082
Majapahit Holding
8.000%, 08/07/2019		470		579
7.875%, 06/29/2037 (B)		205		265
7.750%, 10/17/2016		370		429
7.750%, 01/20/2020		30		37
7.750%, 01/20/2020 (B)		250		306
Pertamina Persero
6.500%, 05/27/2041 (B)		380		411
6.000%, 05/03/2042 (B)		935		954
5.250%, 05/23/2021 (B)		500		535
4.875%, 05/03/2022 (B)		220		229
Perusahaan Listrik Negara
5.500%, 11/22/2021 (B)		310		336
5.250%, 10/24/2042		200		189
Republic of Indonesia
11.625%, 03/04/2019		1,786		2,590
11.625%, 03/04/2019		628		911
11.625%, 03/04/2019 (B)		1,195		1,733
11.000%, 10/15/2014	IDR	5,200,000		587
10.375%, 05/04/2014		190		208
8.500%, 10/12/2035		101		149
8.500%, 10/12/2035		2,449		3,612
8.250%, 06/15/2032	IDR	46,001,000		5,604
7.750%, 01/17/2038		100		139
7.750%, 01/17/2038		5,551		7,733
7.500%, 01/15/2016		400		458
7.000%, 05/15/2022	IDR	33,520,000		3,803
6.875%, 01/17/2018		910		1,074
6.625%, 05/15/2033	IDR	14,378,000		1,495
6.625%, 02/17/2037		70		86

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
6.625%, 02/17/2037		110	$	136
6.250%, 04/15/2017	IDR	16,000,000		1,726
6.125%, 05/15/2028	IDR	900,000		91
5.875%, 03/13/2020 (B)		864		998
5.875%, 03/13/2020		120		139
5.625%, 05/15/2023	IDR	9,940,000		1,017
5.250%, 01/17/2042 (H)		337		359
4.875%, 05/05/2021 (B)		850		931
Star Energy Geothermal Wayang Windu
11.500%, 02/12/2015 (B)		386		407
				57,671
Iraq — 0.3%
Republic of Iraq
5.800%, 01/15/2028		4,626		4,233
Israel — 0.1%
Altice Financing
7.875%, 12/15/2019 (A)		700		763
Altice Finco
9.875%, 12/15/2020 (A)		600		672
				1,435
Ivory Coast — 0.3%
Ivory Coast
7.100%, 12/31/2032		3,413		3,157
Jamaica — 0.2%
Digicel Group
10.500%, 04/15/2018		160		178
8.250%, 09/30/2020		1,900		2,014
8.250%, 09/30/2020 (B)		200		212
				2,404
Kazakhstan — 1.4%
ATF Bank JSC
9.000%, 05/11/2016		300		286
BTA Bank JSC
5.500%, 12/21/2022		100		77
Development Bank of Kazakhstan JSC
4.125%, 12/10/2022 (B)		300		290
4.125%, 12/10/2022		470		455
Halyk Savings Bank of Kazakhstan
7.250%, 01/28/2021 (B)		700		742
Kazakhstan Temir Zholy Finance
6.950%, 07/10/2042		200		234
6.950%, 07/10/2042 (B)		250		293
Kazatomprom Natsionalnaya Atomnaya Kompaniya
6.250%, 05/20/2015		100		107
6.250%, 05/20/2015 (B)		450		480
Kazkommerts International
7.875%, 04/07/2014		300		304
Kazkommertsbank Via Citigroup Global Markets
8.700%, 04/07/2014 (C)(D)		1,100		1,078
KazMunayGas National MTN
11.750%, 01/23/2015 (B)		410		475

5 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
11.750%, 01/23/2015		1,168	$	1,353
9.125%, 07/02/2018 (B)		1,435		1,808
9.125%, 07/02/2018		439		553
8.375%, 07/02/2013		190		193
7.000%, 05/05/2020		100		119
7.000%, 05/05/2020 (B)		1,895		2,255
6.375%, 04/09/2021		912		1,061
6.375%, 04/09/2021 (B)		2,569		2,990
Republic of Kazakhstan
6.375%, 10/06/2020 (B)		600		701
Tengizchevroil Finance
6.124%, 11/15/2014 (A)		143		147
Zhaikmunai Via Zhaikmunai International
7.125%, 11/13/2019		600		640
7.125%, 11/13/2019 (A)(B)		925		987
				17,628
Kuwait — 0.1%
Kuwait Projects MTN
9.375%, 07/15/2020		900		1,152
Latvia — 0.1%
Republic of Latvia
2.750%, 01/12/2020 (A)		800		769
Lithuania — 1.1%
Republic of Lithuania
7.375%, 02/11/2020 (B)		800		1,006
7.375%, 02/11/2020		290		365
6.625%, 02/01/2022		1,000		1,225
6.625%, 02/01/2022 (B)		1,000		1,225
6.125%, 03/09/2021		5,297		6,277
6.125%, 03/09/2021 (B)		1,424		1,687
5.125%, 09/14/2017		100		111
5.125%, 09/14/2017 (B)		310		343
4.850%, 02/07/2018	EUR	650		919
				13,158
Malaysia — 5.0%
Axiata SPV1 Labuan
5.375%, 04/28/2020		250		283
Malaysia Government Bond
4.392%, 04/15/2026	MYR	8,100		2,825
4.262%, 09/15/2016	MYR	27,630		9,271
4.160%, 07/15/2021	MYR	13,410		4,529
4.012%, 09/15/2017	MYR	28,210		9,431
3.892%, 03/15/2027	MYR	5,628		1,864
3.580%, 09/28/2018	MYR	6,750		2,214
3.492%, 03/31/2020	MYR	5,753		1,867
3.418%, 08/15/2022	MYR	8,159		2,626
3.314%, 10/31/2017	MYR	4,270		1,387
3.260%, 03/01/2018	MYR	19,200		6,214
3.197%, 10/15/2015	MYR	32,680		10,596
3.172%, 07/15/2016	MYR	5,740		1,861
Petroliam Nasional
7.625%, 10/15/2026		106		151
Petronas Capital
7.875%, 05/22/2022		2,452		3,411
5.250%, 08/12/2019 (B)		100		116
5.250%, 08/12/2019		2,790		3,245

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Wakala Global Sukuk
4.646%, 07/06/2021 (B)		390	$	438
				62,329
Mexico — 9.3%
America Movil
3.125%, 07/16/2022		200		196
Bank of New York Mellon Institucion de Banca Multiple
9.625%, 05/02/2021 (B)		309		252
BBVA Bancomer
6.750%, 09/30/2022 (B)		500		571
6.008%, 05/17/2022 (A)(D)		550		577
Cemex
9.250%, 05/12/2020		600		663
9.000%, 01/11/2018 (B)		306		339
Cemex Espana
9.250%, 05/12/2020 (B)		1,300		1,437
Cemex Finance
9.375%, 10/12/2022 (B)		759		882
Comision Federal de Electricidad
5.750%, 02/14/2042 (B)		500		545
4.875%, 05/26/2021 (B)		400		445
Desarrolladora Homex
9.750%, 03/25/2020		200		173
9.750%, 03/25/2020 (B)		700		599
GEO
9.250%, 06/30/2020		406		351
8.875%, 03/27/2022 (B)		200		171
Grupo Bimbo
4.500%, 01/25/2022 (B)		200		217
Grupo Senda
10.500%, 10/03/2015		2,965		3,054
Grupo Televisa
6.000%, 05/15/2018		145		170
Mexican Bonos MTN
8.000%, 06/11/2020	MXN	2,514		243
7.750%, 11/13/2042	MXN	10,300		1,050
7.500%, 06/03/2027	MXN	94,497		9,266
7.000%, 06/19/2014	MXN	9,182		768
6.500%, 06/09/2022	MXN	108,745		9,797
6.250%, 06/16/2016	MXN	19,580		1,668
6.000%, 06/18/2015	MXN	45,230		3,794
5.000%, 06/15/2017	MXN	23,456		1,926
4.750%, 03/08/2044		1,864		1,934
3.625%, 03/15/2022		340		361
Mexican Bonos, Ser M
6.500%, 06/10/2021	MXN	60,554		5,431
Mexican Bonos, Ser M10
8.500%, 12/13/2018	MXN	10,450		1,004
8.000%, 12/17/2015	MXN	10,027		886
7.750%, 12/14/2017	MXN	21,317		1,950
7.250%, 12/15/2016	MXN	12,500		1,104
Mexican Bonos, Ser M20
8.500%, 05/31/2029	MXN	40,820		4,347
8.000%, 12/07/2023	MXN	52,280		5,279
7.750%, 05/29/2031	MXN	60,935		6,091
Mexican Bonos, Ser M30
10.000%, 11/20/2036	MXN	32,300		4,003
8.500%, 11/18/2038	MXN	35,401		3,867

6 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Mexican Udibonos
5.000%, 06/16/2016	MXN	2,380	$	1,073
4.000%, 11/15/2040	MXN	2,940		1,603
2.500%, 12/10/2020	MXN	21,110		9,298
2.000%, 06/09/2022	MXN	1,918		811
Mexichem
6.750%, 09/19/2042 (B)		400		444
4.875%, 09/19/2022 (B)		200		212
Mexico Cetes
4.460%, 06/27/2013 (E)	MXN	179,756		1,440
Mexico Generadora de Energia S de rl
5.500%, 12/06/2032 (B)		200		212
NII Capital
10.000%, 08/15/2016		359		322
7.625%, 04/01/2021		1,416		1,020
Oceanografia
11.250%, 07/15/2015		1,079		850
Pemex Finance
9.150%, 11/15/2018		1,595		1,969
Pemex Project Funding Master Trust
6.625%, 06/15/2035		1,244		1,490
5.750%, 03/01/2018		1,285		1,476
Petroleos Mexicanos
8.000%, 05/03/2019		408		522
6.500%, 06/02/2041		677		797
6.000%, 03/05/2020 (B)		60		71
6.000%, 03/05/2020		180		212
5.500%, 06/27/2044		70		72
5.500%, 06/27/2044 (B)		150		155
3.500%, 01/30/2023 (B)		185		185
United Mexican States MTN
8.300%, 08/15/2031		1,670		2,534
6.050%, 01/11/2040		1,502		1,866
5.950%, 03/19/2019		370		448
5.750%, 10/12/2110		7,572		8,306
5.625%, 01/15/2017		462		531
5.125%, 01/15/2020		550		644
United Mexican States, Ser A MTN
6.750%, 09/27/2034		746		992
Urbi Desarrollos Urbanos
9.750%, 02/03/2022		200		124
9.750%, 02/03/2022 (B)		400		248
9.500%, 01/21/2020		200		122
				115,460
Mongolia — 0.1%
Mongolia Government International Bond
5.125%, 12/05/2022		360		336
Mongolian Mining MTN
8.875%, 03/29/2017		600		615
				951
Morocco — 0.2%
Kingdom of Morocco
5.500%, 12/11/2042 (A)		400		397
5.500%, 12/11/2042 (B)		400		397
4.250%, 12/11/2022 (A)(B)		680		694
4.250%, 12/11/2022		500		510
				1,998

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Nigeria — 1.3%
Afren
11.500%, 02/01/2016		200	$	237
11.500%, 02/01/2016 (B)		877		1,039
10.250%, 04/08/2019 (B)		500		594
Nigeria Treasury Bill
12.030%, 12/19/2013 (E)	NGN	75,000		439
11.520%, 05/16/2013 (E)	NGN	38,000		236
11.320%, 01/23/2014 (E)	NGN	137,000		790
10.900%, 12/05/2013 (E)	NGN	9,000		53
10.600%, 02/20/2014 (E)	NGN	13,000		75
10.530%, 03/06/2014 (E)	NGN	22,000		126
10.490%, 01/09/2014 (E)	NGN	126,000		733
10.430%, 03/20/2014 (E)	NGN	710,330		4,026
10.330%, 10/10/2013 (E)	NGN	18,000		107
2.030%, 04/04/2013 (E)	NGN	20,000		126
0.000%, 06/27/2013 (E)	NGN	20,000		123
0.000%, 09/05/2013 (E)	NGN	26,000		156
0.000%, 09/26/2013 (E)	NGN	42,000		251
Republic of Nigeria
16.390%, 01/27/2022	NGN	299,070		2,453
16.000%, 06/29/2019	NGN	169,000		1,302
16.000%, 06/29/2019	NGN	172,000		1,326
15.100%, 04/27/2017	NGN	72,570		520
10.700%, 05/30/2018	NGN	7,000		44
6.750%, 01/28/2021 (B)		550		635
Sea Trucks Group
9.000%, 03/26/2018		600		604
UBS
7.396%, 08/29/2010 (B)(D)		750		571
				16,566
Pakistan — 0.1%
Republic of Pakistan
7.125%, 03/31/2016		500		445
6.875%, 06/01/2017		100		87
6.875%, 06/01/2017		600		520
				1,052
Panama — 1.0%
ENA Norte Trust
4.950%, 04/25/2023 (F)		248		256
Republic of Panama
9.375%, 01/16/2023		560		811
9.375%, 04/01/2029		2,988		4,860
8.875%, 09/30/2027		1,370		2,114
8.125%, 04/28/2034		2,128		3,080
7.125%, 01/29/2026		100		135
6.700%, 01/26/2036		1,290		1,719
				12,975
Paraguay — 0.1%
Republic of Paraguay
4.625%, 01/25/2023		500		502
Telefonica Celular del Paraguay
6.750%, 12/13/2022 (A)		200		217
6.750%, 12/13/2022		200		216
				935
Peru — 1.2%
Azucarera del Peru
6.375%, 08/02/2022		121		127

7 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Banco de Credito del Peru
5.375%, 09/16/2020		10	$	11
5.375%, 09/16/2020 (B)		204		222
BBVA Banco Continental
5.000%, 08/26/2022 (B)		184		194
Cementos Pacasmayo SAA
4.500%, 02/08/2023 (B)		200		193
El Fondo MIVIVIENDA
3.500%, 01/31/2023 (B)		250		242
Inkia Energy
8.375%, 04/04/2021 (B)		200		226
Interoceanica IV Finance
3.961%, 11/30/2025 (A)(B)(E)		841		572
3.003%, 11/30/2018 (A)(B)(E)		306		269
Peru Enhanced Pass-Through Finance
4.326%, 06/02/2025 (A)(B)(E)		1,000		660
2.945%, 05/31/2018 (A)(B)(E)		399		365
2.928%, 05/31/2018 (E)		148		135
Republic of Peru
9.910%, 05/05/2015	PEI	675		306
8.750%, 11/21/2033		2,839		4,642
8.600%, 08/12/2017	PEI	2,110		1,017
8.375%, 05/03/2016		350		426
8.200%, 08/12/2026	PEI	1,350		728
7.840%, 08/12/2020	PEI	2,820		1,372
7.350%, 07/21/2025		1,580		2,230
7.125%, 03/30/2019		120		154
6.950%, 08/12/2031	PEI	1,400		673
Volcan Cia Minera
5.375%, 02/02/2022 (B)		183		194
				14,958
Philippines — 1.6%
Development Bank of Philippines
5.500%, 03/25/2021		330		371
National Power
9.625%, 05/15/2028 (A)		1,100		1,735
Power Sector Assets & Liabilities Management
7.390%, 12/02/2024 (B)		820		1,101
Republic of Philippines
10.625%, 03/16/2025		1,270		2,131
9.500%, 02/02/2030		1,237		2,027
8.375%, 06/17/2019		320		431
7.750%, 01/14/2031		4,918		7,113
6.375%, 10/23/2034		530		694
6.250%, 01/14/2036	PHP	50,000		1,628
5.500%, 03/30/2026		540		660
4.000%, 01/15/2021		1,216		1,344
3.900%, 11/26/2022	PHP	45,000		1,202
				20,437
Poland — 6.1%
CEDC Finance International
8.875%, 12/01/2016	EUR	400		396
Eileme 2
11.750%, 01/31/2020	EUR	500		740

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
11.625%, 01/31/2020 (B)		1,000	$	1,165
Polish Television Holding MTN
11.250%, 11/15/2014 (C)	EUR	100		138
11.000%, 11/15/2014 (B)(C)	EUR	300		413
Republic of Poland
6.375%, 07/15/2019		6,654		8,175
6.250%, 10/24/2015	PLN	3,080		1,015
5.750%, 04/25/2029	PLN	3,280		1,195
5.750%, 04/25/2014	PLN	980		309
5.125%, 04/21/2021	USD	1,000		1,155
5.000%, 10/24/2013	PLN	2,800		868
5.000%, 03/23/2022		3,438		3,928
4.750%, 04/25/2017	PLN	19,646		6,348
4.000%, 03/23/2021	EUR	736		1,073
4.000%, 10/25/2023	PLN	15,770		4,866
3.000%, 03/17/2023		811		785
3.000%, 08/24/2016	PLN	29,220		9,361
2.750%, 08/25/2023	PLN	6,040		2,010
0.479%, 07/25/2014 (E)	PLN	12,540		3,698
Republic of Poland, Ser 0114
3.767%, 01/25/2014 (E)	PLN	26,070		7,802
Republic of Poland, Ser 0415
5.500%, 04/25/2015	PLN	19,600		6,288
Republic of Poland, Ser 0922
5.750%, 09/23/2022	PLN	21,735		7,630
Republic of Poland, Ser 1017
5.250%, 10/25/2017	PLN	5,015		1,660
Republic of Poland, Ser 1019
5.500%, 10/25/2019	PLN	7,500		2,559
Republic of Poland, Ser 1021
5.750%, 10/25/2021	PLN	7,652		2,678
				76,255
Qatar — 0.5%
Qtel International Finance MTN
7.875%, 06/10/2019		465		607
5.000%, 10/19/2025 (B)		200		221
4.750%, 02/16/2021		250		279
4.500%, 01/31/2043 (B)		200		192
3.875%, 01/31/2028 (B)		400		394
3.250%, 02/21/2023 (B)		230		226
State of Qatar
9.750%, 06/15/2030		225		378
6.550%, 04/09/2019		1,533		1,899
6.400%, 01/20/2040		320		410
6.400%, 01/20/2040 (B)		377		482
5.750%, 01/20/2042 (B)		750		892
5.250%, 01/20/2020		246		287
				6,267
Romania — 0.8%
Government of Romania MTN
6.750%, 02/07/2022		2,850		3,317
6.750%, 02/07/2022 (B)		350		407
6.500%, 06/18/2018	EUR	686		986
6.000%, 10/19/2013	RON	1,210		352
5.900%, 07/26/2017	RON	2,500		734
5.850%, 07/28/2014	RON	5,020		1,463
5.850%, 07/28/2014	RON	40		12
5.800%, 10/26/2015	RON	4,970		1,452

8 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
4.375%, 08/22/2023 (B)		994	$	973
				9,696
Russia — 10.2%
Alfa Bank Via Alfa Bond Issuance
7.500%, 09/26/2019		550		582
7.500%, 09/26/2019 (B)		715		757
Brunswick Rail Finance
6.500%, 11/01/2017		350		370
Credit Bank of Moscow Via CBOM Finance
7.700%, 02/01/2018		1,000		1,035
EuroChem Mineral & Chemical via EuroChem GI
5.125%, 12/12/2017 (B)		250		254
Evraz Group
9.500%, 04/24/2018		600		688
6.750%, 04/27/2018 (B)		250		259
6.750%, 04/27/2018		700		724
Gazprom Neft OAO Via GPN Capital
4.375%, 09/19/2022 (B)		550		542
4.375%, 09/19/2022		970		957
Gazprom OAO Via Gaz Capital
9.250%, 04/23/2019		900		1,161
6.510%, 03/07/2022		300		346
4.950%, 07/19/2022 (B)		877		920
4.950%, 02/06/2028		250		246
4.950%, 02/06/2028 (B)		793		781
Lukoil International Finance
6.656%, 06/07/2022		100		118
6.125%, 11/09/2020		200		227
Metalloinvest Finance
6.500%, 07/21/2016		700		737
MTS International Funding
8.625%, 06/22/2020		400		508
8.625%, 06/22/2020 (B)		1,300		1,651
Novatek OAO via Novatek Finance
6.604%, 02/03/2021 (B)		363		421
5.326%, 02/03/2016		200		214
Promsvyazbank Via PSB Finance
10.200%, 11/06/2019		350		373
8.500%, 04/25/2017		200		212
Rosneft Oil via Rosneft International Finance
4.199%, 03/06/2022		500		496
Russian Agricultural Bank Via RSHB Capital
5.298%, 12/27/2017 (B)		415		440
Russian Federal Bond - OFZ
8.150%, 02/03/2027	RUB	126,462		4,387
7.600%, 04/14/2021	RUB	523,000		17,654
7.600%, 07/20/2022	RUB	78,900		2,655
7.500%, 03/15/2018	RUB	55,065		1,865
7.500%, 02/27/2019	RUB	391,870		13,248
7.400%, 04/19/2017	RUB	39,870		1,338
7.400%, 06/14/2017	RUB	109,160		3,661
7.350%, 01/20/2016	RUB	11,380		378
7.100%, 03/13/2014	RUB	173,220		5,642
7.000%, 06/03/2015	RUB	287,260		9,448

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
6.900%, 08/03/2016	RUB	13,130	$	433
6.880%, 07/15/2015	RUB	5,500		181
6.200%, 01/31/2018	RUB	9,458		303
Russian Foreign Bond - Eurobond
12.750%, 06/24/2028		746		1,425
7.850%, 03/10/2018	RUB	355,000		12,177
7.500%, 03/31/2030		11,288		13,983
7.500%, 03/31/2030		1,547		1,917
5.625%, 04/04/2042		200		224
5.625%, 04/04/2042 (B)		400		449
5.000%, 04/29/2020 (B)		200		226
3.250%, 04/04/2017 (B)		1,200		1,255
Russian Railways via RZD Capital
5.700%, 04/05/2022		398		439
Russian Standard Bank Via Russian Standard Finance
9.250%, 07/11/2017		700		751
Sberbank of Russia Via SB Capital
6.125%, 02/07/2022 (B)		260		291
6.125%, 02/07/2022		700		782
5.717%, 06/16/2021		400		435
5.125%, 10/29/2022 (B)		247		246
SCF Capital
5.375%, 10/27/2017 (B)		350		362
Severstal OAO Via Steel Capital
5.900%, 10/17/2022 (B)	USD	200		200
5.900%, 10/17/2022		200		199
Severstal Via Steel Capital
6.700%, 10/25/2017		501		545
Sibur Securities
3.914%, 01/31/2018 (B)		475		467
Sinek Capital Via Edel Capital
7.700%, 08/03/2015 (A)		500		535
Teorema Holding
11.000%, 10/27/2009 (A)(G)		3,400		340
TMK Capital
7.750%, 01/27/2018		1,400		1,477
VEB-Leasing Via VEB Leasing Investment
5.125%, 05/27/2016		320		336
Vimpel Communications Via VIP Finance Ireland
9.125%, 04/30/2018		200		237
9.125%, 04/30/2018 (B)		600		712
7.748%, 02/02/2021		200		224
7.748%, 02/02/2021 (B)		1,150		1,288
VimpelCom Holdings
7.504%, 03/01/2022		200		223
7.504%, 03/01/2022 (B)		400		445
6.255%, 03/01/2017		200		214
5.200%, 02/13/2019 (B)	USD	200		201
Vnesheconombank Via VEB Finance
6.902%, 07/09/2020		1,540		1,790
6.902%, 07/09/2020 (B)		785		913
6.800%, 11/22/2025 (B)		150		176
6.800%, 11/22/2025		710		831
6.025%, 07/05/2022 (B)		750		830

9 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
5.450%, 11/22/2017 (B)		300	$	326
VTB Bank Via VTB Capital
6.875%, 05/29/2018		500		551
6.551%, 10/13/2020 (B)		860		944
6.315%, 02/22/2018		762		826
6.250%, 06/30/2035		357		386
6.000%, 04/12/2017 (B)		300		321
				126,711
Saudi Arabia — 0.1%
Dar Al-Arkan International Sukuk II
10.750%, 02/18/2015		200		220
10.750%, 02/18/2015 (B)		600		659
				879
Senegal — 0.1%
Republic of Senegal
8.750%, 05/13/2021 (B)(H)		950		1,126
Serbia — 0.2%
Republic of Serbia
7.250%, 09/28/2021 (B)		450		498
7.250%, 09/28/2021		800		886
5.250%, 11/21/2017 (B)		200		206
4.875%, 02/25/2020 (B)		450		445
				2,035
Singapore — 0.2%
DBS Bank
3.625%, 09/21/2022 (D)		200		209
MMI International
8.000%, 03/01/2017 (B)		250		256
Oversea-Chinese Banking
3.150%, 03/11/2023 (B)(D)		208		212
Sea Product
10.292%, 05/14/2010		1,505		1,355
Yanlord Land Group
9.500%, 05/04/2017		800		862
				2,894
Slovak Republic — 0.1%
Republic of Slovak
4.375%, 05/21/2022 (B)		1,292		1,363
Slovenia — 0.1%
Republic of Slovenia
5.500%, 10/26/2022 (B)		658		630
South Africa — 6.2%
African Bank MTN
8.125%, 02/24/2017		600		664
Edcon Proprietary
9.500%, 03/01/2018	EUR	500		636
3.453%, 06/15/2014 (D)	EUR	248		316
Gold Fields Orogen Holdings
4.875%, 10/07/2020		524		515
Republic of South Africa
13.500%, 09/15/2015	ZAR	15,650		2,006
10.500%, 12/21/2026		56,410		7,762
8.750%, 02/28/2048	ZAR	15,200		1,727
8.500%, 06/23/2017		860		1,065

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
8.250%, 09/15/2017		17,430	$	2,062
8.000%, 12/21/2018	ZAR	149,080		17,577
7.750%, 02/28/2023	ZAR	106,517		12,317
7.250%, 01/15/2020	ZAR	26,500		3,007
7.000%, 02/28/2031	ZAR	62,602		6,216
6.875%, 05/27/2019		2,673		3,254
6.750%, 03/31/2021	ZAR	90,950		10,014
6.500%, 02/28/2041	ZAR	15,600		1,374
6.250%, 03/31/2036	ZAR	14,660		1,276
6.250%, 03/08/2041		609		738
5.875%, 05/30/2022		670		786
5.500%, 03/09/2020		540		617
4.665%, 01/17/2024		1,500		1,605
Sappi Papier Holding
8.375%, 06/15/2019 (B)		300		333
Transnet SOC
4.000%, 07/26/2022 (B)		1,119		1,071
				76,938
South Korea — 0.0%
Korea Hydro & Nuclear Power
4.750%, 07/13/2021		200		225
3.000%, 09/19/2022 (B)		280		275
				500
Spain — 0.0%
Ajecorp
6.500%, 05/14/2022 (B)		250		269
Sri Lanka — 0.2%
Bank of Ceylon
6.875%, 05/03/2017 (B)		320		336
Republic of Sri Lanka
7.400%, 01/22/2015 (B)		150		160
6.250%, 10/04/2020		100		107
6.250%, 10/04/2020 (B)		620		660
6.250%, 07/27/2021 (B)		400		423
5.875%, 07/25/2022 (B)		200		208
				1,894
Supra-National — 0.1%
Inter-American Development Bank MTN
5.394%, 08/20/2015 (E)	IDR	12,430,000		1,122
Thailand — 2.5%
PTT Global Chemical
4.250%, 09/19/2022 (B)		200		209
Thailand Government Bond
5.670%, 03/13/2028	THB	3,000		122
3.875%, 06/13/2019	THB	35,781		1,262
3.775%, 06/25/2032	THB	29,000		951
3.650%, 12/17/2021		206,180		7,128
3.625%, 05/22/2015	THB	217,440		7,540
3.625%, 06/16/2023	THB	59,409		2,037
3.580%, 12/17/2027	THB	29,010		962
3.250%, 06/16/2017	THB	81,910		2,817
2.800%, 10/10/2017	THB	103,000		3,473
1.200%, 07/14/2021	THB	141,396		4,986
				31,487
Turkey — 6.6%
Akbank
3.875%, 10/24/2017 (B)	USD	150		153

10 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Export Credit Bank of Turkey
5.875%, 04/24/2019 (B)		200	$	222
Republic of Turkey
11.875%, 01/15/2030		460		840
10.000%, 12/04/2013	TRY	1,200		680
9.500%, 01/12/2022	TRY	4,346		2,791
9.000%, 03/05/2014	TRY	1,790		1,014
9.000%, 05/21/2014	TRY	6,830		4,145
9.000%, 01/27/2016		2,200		1,296
9.000%, 03/08/2017	TRY	12,272		7,373
8.500%, 09/14/2022	TRY	5,444		3,317
8.000%, 02/14/2034		1,976		2,717
7.500%, 09/24/2014	TRY	4,070		2,288
7.500%, 09/24/2014	TRY	2,110		1,186
7.500%, 07/14/2017		1,309		1,561
7.500%, 11/07/2019		3,400		4,242
7.375%, 02/05/2025		1,271		1,624
7.250%, 03/05/2038		400		517
7.100%, 03/08/2023	TRY	2,100		1,157
7.000%, 09/26/2016		738		849
7.000%, 03/11/2019		240		290
7.000%, 06/05/2020		410		503
6.875%, 03/17/2036		1,213		1,495
6.750%, 04/03/2018		4,534		5,350
6.750%, 05/30/2040		375		463
6.500%, 01/07/2015	TRY	8,060		4,468
6.250%, 09/26/2022		740		877
6.000%, 01/14/2041		1,002		1,122
5.625%, 03/30/2021		390		445
5.125%, 03/25/2022		2,288		2,517
4.500%, 02/11/2015	TRY	6,672		3,977
4.000%, 04/29/2015	TRY	6,715		3,982
4.000%, 04/01/2020	TRY	3,341		2,187
3.250%, 03/23/2023		4,193		3,952
3.000%, 02/23/2022	TRY	13,216		8,360
2.692%, 07/17/2013 (E)	TRY	3,753		2,036
Turkiye Garanti Bankasi
7.375%, 03/07/2018	TRY	1,530		826
5.250%, 09/13/2022 (B)		200		208
4.000%, 09/13/2017 (B)		270		277
Yuksel Insaat
9.500%, 11/10/2015		146		112
				81,419
Ukraine — 1.9%
DTEK Finance
9.500%, 04/28/2015 (A)(B)		420		442
9.500%, 04/28/2015		550		579
7.875%, 04/04/2018 (B)(F)		400		396
Ferrexpo Finance
7.875%, 04/07/2016 (B)		238		237
7.875%, 04/07/2016		1,200		1,197
Financing of Infrastrucural Projects State Enterprise
9.000%, 12/07/2017 (A)(B)		400		414
Government of Ukraine
9.250%, 07/24/2017 (B)		1,353		1,461
9.250%, 07/24/2017		1,850		2,003
7.950%, 02/23/2021 (B)		250		260
7.950%, 02/23/2021		450		468

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
7.800%, 11/28/2022		1,760	$	1,782
7.800%, 11/28/2022 (B)		1,172		1,187
7.750%, 09/23/2020		555		577
6.250%, 06/17/2016		200		196
6.250%, 06/17/2016 (B)		600		587
Metinvest
10.250%, 05/20/2015		600		634
8.750%, 02/14/2018 (B)		369		377
8.750%, 02/14/2018		1,229		1,257
MHP
10.250%, 04/29/2015 (B)		1,428		1,525
8.250%, 04/02/2020 (B)(F)		600		595
National Naftogaz of Ukraine
9.500%, 09/30/2014		2,335		2,396
Oschadbank Via SSB No. 1
8.250%, 03/10/2016		430		424
State Export-Import Bank of Ukraine JSC via Biz Finance
8.750%, 01/22/2018		870		877
Ukreximbank Via Biz Finance
8.375%, 04/27/2015		4,142		4,204
				24,075
United Arab Emirates — 0.9%
Atlantic Finance
10.750%, 05/27/2014 (C)		950		1,026
Dolphin Energy
5.888%, 06/15/2019		459		521
DP World MTN
6.850%, 07/02/2037		1,300		1,478
DP World Sukuk
6.250%, 07/02/2017		400		447
Dubai Electricity & Water Authority
7.375%, 10/21/2020		220		267
7.375%, 10/21/2020 (B)		860		1,045
Dubai Holding Commercial Operations MTN
6.000%, 02/01/2017	GBP	650		997
4.750%, 01/30/2014	EUR	1,450		1,858
Emaar Sukuk MTN
6.400%, 07/18/2019		200		220
Emirate of Dubai MTN
7.750%, 10/05/2020		1,060		1,309
Emirates Airline
5.125%, 06/08/2016		300		315
4.500%, 02/28/2025		350		343
Jafz Sukuk
7.000%, 06/19/2019		200		227
MAF Global Securities MTN
5.250%, 07/05/2019		700		757
Pyrus
7.500%, 12/20/2015		700		880
				11,690
United States — 0.2%
Citigroup Funding MTN
16.390%, 01/31/2022 (B)		1,100		1,194
7.000%, 10/25/2019 (B)		1,050		1,213

11 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)		Market Value ($ Thousands)
Southern Copper
6.750%, 04/16/2040		86	$	97
5.250%, 11/08/2042		200		190
				2,694
Uruguay — 0.6%
Republic of Uruguay
8.000%, 11/18/2022		1,623		2,263
7.625%, 03/21/2036		1,176		1,693
6.875%, 09/28/2025		317		418
4.125%, 11/20/2045		110		102
Republic of Uruguay PIK
7.875%, 01/15/2033		1,763		2,550
				7,026
Venezuela — 3.1%
Petroleos de Venezuela
12.750%, 02/17/2022		290		328
8.500%, 11/02/2017		877		852
8.500%, 11/02/2017		900		875
5.500%, 04/12/2037		550		373
5.375%, 04/12/2027		1,498		1,033
5.250%, 04/12/2017		948		822
5.000%, 10/28/2015		560		517
4.900%, 10/28/2014		10,770		10,366
Republic of Venezuela
13.625%, 08/15/2018		2,100		2,452
13.625%, 08/15/2018		144		162
12.750%, 08/23/2022		6,213		7,247
11.950%, 08/05/2031		2,278		2,563
11.750%, 10/21/2026		4,201		4,648
10.750%, 09/19/2013		190		194
9.250%, 09/15/2027		958		943
9.250%, 05/07/2028		612		586
9.000%, 05/07/2023		1,024		980
9.000%, 05/07/2023		30		29
8.500%, 10/08/2014		456		463
8.250%, 10/13/2024		520		472
7.750%, 10/13/2019		1,153		1,078
7.650%, 04/21/2025		300		263
7.000%, 03/31/2038		80		63
6.000%, 12/09/2020		1,047		872
				38,181
Vietnam — 0.1%
Republic of Vietnam
6.875%, 01/15/2016		360		399
6.750%, 01/29/2020		660		769
Vietnam Joint Stock Commercial Bank for Industry and Trade
8.000%, 05/17/2017(B)		350		366
				1,534
Zambia — 0.0%
Republic of Zambia
5.375%, 09/20/2022		250		248
Total Global Bonds (Cost $1,065,162) ($ Thousands)				1,123,576
LOAN PARTICIPATIONS — 1.4%
Angola — 0.1%
Republic of Angola
2.317%, 04/30/2016(A)	EUR	758		923

Description	Face Amount(1) (Thousands)/Shares		Market Value ($ Thousands)
Indonesia — 0.1%
PT Bumi
11.199%, 08/07/2013		1,743	$	1,708
Mexico — 0.5%
Altos Hornos Promissory Note (Counterparty: Deustche Bank)
0.000%, 12/31/2049 (A)(G)		4,500		1,665
Altos Hornos Promissory Note No. 5
0.000%, 04/29/1999 (A)(G)		2,500		925
Altos Hornos Promissory Note No. 6
0.000%, 04/29/1999 (A)(G)		2,500		925
Altos Hornos Tranche A (Counterparty: Bank of America)
0.000%, 04/11/2004 (A)(G)		6,540		2,420
				5,935
Singapore — 0.6%
Ashmore Cayman SPC, No. 1
0.000%, 08/31/2011 (A)(G)		9,161		4,499
Morton Bay
6.220%, 12/30/2009 (A)		3,158		2,657
				7,156
United Arab Emirates — 0.1%
Dubai World
1.000%, 09/30/2018		1,008		544
1.000%, 09/30/2015		1,200		696
				1,240
Total Loan Participations (Cost $20,533) ($ Thousands)				16,962
CONVERTIBLE BONDS — 0.1%
Dana Gas Sukuk CV to 19.076 Variable Shares
7.500%, 10/31/49		850		761
Suzlon Energy CV to 533.2762 Shares
2.639%, 07/25/14 (E)		450		293
Total Convertible Bonds (Cost $1,125) ($ Thousands)				1,054
AFFILIATED PARTNERSHIP — 0.1%
SEI Liquidity Fund, L.P.
0.120% †*(I)		1,427,291		1,427
Total Affiliated Partnership (Cost $1,427) ($ Thousands)				1,427

12 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

Description	Face Amount(1) (Thousands)/Contracts		Market Value ($ Thousands)
TIME DEPOSITS — 12.5%
United States — 12.5%
Brown Brothers Harriman
4.150%, 04/01/2013	ZAR	7	$	1
0.030%, 04/01/2013		155,248		155,248
0.010%, 04/01/2013	SGD	—		—
(0.028)%, 04/01/2013	EUR	215		275
Total Time Deposits (Cost $155,524) ($ Thousands)				155,524
Total Investments — 104.5% (Cost $1,243,771) ($ Thousands)			$	1,298,543
PURCHASED OPTIONS — 0.1%
Euro FX Currency Put Option, Expires 09/21/13, Strike Price $1.27 **		9,800,000	$	278
Euro FX Currency Put Option, Expires 07/20/13, Strike Price $1.31 **		9,180,000		399
Total Purchased Options (Cost $376) ($ Thousands)			$	677

A list of the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Settlement Date	Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) ($ Thousands)
04/02/2013-04/15/2013		IDR	39,217,734		USD	4,033	$	3
04/02/2013-04/15/2013		USD	1,846		IDR	17,932,682		(2	)
04/02/2013-05/03/2013		BRL	72,035		USD	36,045		452
04/02/2013-05/03/2013		USD	39,966		BRL	80,203		(343	)
04/03/2013-04/17/2013		USD	1,531		NGN	244,085		3
04/03/2013-04/22/2013		EUR	18,808		USD	24,549		441
04/08/2013-04/15/2013		MYR	25,045		USD	8,086		2
04/08/2013-04/19/2013		COP	13,743,502		USD	7,589		67
04/08/2013-04/19/2013		USD	4,413		COP	8,005,050		(30	)
04/08/2013-05/31/2013		USD	26,482		RUB	811,402		(500	)
04/08/2013-05/31/2013		USD	5,844		ZAR	53,196		(73	)
04/08/2013-05/31/2013		ZAR	94,901		USD	10,510		258
04/08/2013-06/10/2013		PLN	62,981		USD	19,835		563
04/08/2013-06/10/2013		USD	13,717		PLN	43,882		(290	)
04/08/2013-06/14/2013		MXN	159,491		USD	12,692		(195	)
04/08/2013-06/14/2013		USD	22,804		MXN	289,984		614
04/08/2013-06/18/2013		USD	21,241		MYR	65,855		(8	)
04/08/2013-06/28/2013		RUB	794,708		USD	25,733		308
04/10/2013-05/31/2013		TRY	6,255		USD	3,427		(5	)
04/11/2013		KRW	5,763,165		USD	5,285		106
04/11/2013		USD	5,390		KRW	5,763,165		(211	)
04/12/2013		THB	35,716		USD	1,200		(19	)
04/12/2013-06/14/2013		USD	13,343		THB	402,387		375
04/15/2013		INR	925,439		USD	16,909		(73	)
04/15/2013		USD	2,347		EUR	1,821		(13	)
04/15/2013		USD	4,960		INR	268,795		(28	)
04/15/2013-04/22/2013		GBP	963		USD	1,453		(10	)
04/19/2013		CLP	331,085		USD	699		(2	)
04/19/2013-05/17/2013		USD	1,120		PEI	2,899		(1	)
04/25/2013-05/15/2013		PHP	238,277		USD	5,832		(15	)
04/25/2013-05/15/2013		USD	4,666		PHP	189,870		(7	)
04/25/2013-05/31/2013		USD	3,343		RON	11,244		(97	)
04/30/2013		CZK	491		USD	26		1
04/30/2013		HUF	1,090,061		USD	4,886		308
04/30/2013-05/31/2013		RON	6,352		USD	1,879		46
05/24/2013-05/28/2013		CNY	7,762		USD	1,233		(12	)
05/31/2013		USD	729		HUF	163,606		(45	)
05/31/2013		USD	4,872		TRY	8,851		(16	)
06/05/2013-07/17/2015		CNH	207,377		USD	31,745		(1,423	)
06/05/2013-07/17/2015		USD	31,684		CNH	207,377		1,486
06/24/2013		TWD	166,061		USD	5,604		40
09/18/2013-10/03/2013		USD	950		ARS	6,136		2
							$	1,657

A list of the counterparties for the open forward foreign currency contracts held by the Fund at March 31, 2013, is as follows:

Counterparty	Settlement Date		Currency to Deliver ($ Thousands)			Currency to Receive ($ Thousands)		Unrealized Appreciation (Depreciation) ($ Thousands)
Bank of America		04/02/2013-05/31/2013		(24,907	)		25,214	$	307
Barclays PLC		04/02/2013-07/25/2013		(42,202	)		42,167		(35	)
Brown Brothers Harriman		04/19/2013		(547	)		540		(7	)
Citigroup		04/02/2013-10/03/2013		(104,753	)		104,836		83
Credit Suisse First Boston		04/30/2013-09/18/2013		(3,070	)		3,069		(1	)
Deutsche Bank		04/15/2013-06/18/2013		(49,510	)		50,346		836
Goldman Sachs		04/02/2013-06/14/2013		(5,747	)		5,767		20
HSBC		04/02/2013-07/17/2015		(103,755	)		103,710		(45	)
ING		04/02/2013-04/15/2013		(46,661	)		46,570		(91	)
JPMorgan Chase Bank		04/02/2013-06/24/2013		(33,794	)		34,226		432
Standard New York, Inc.		04/02/2013-04/15/2013		(7,210	)		7,368		158
UBS		04/15/2013-09/27/2013		(14,739	)		14,739		–
								$	1,657

For the six months ended March 31, 2013, the total amount of all open forward foreign currency contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

13 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

A list of the open swap agreements held by the fund at March 31, 2013, is as follows:

Interest Rate Swaps
Counterparty	Fund Pays	Fund Receives	Termination Date	Currency	Notional Amount (Thousands)		Net Unrealized Appreciation (Depreciation) ($ Thousands)
Barclays Bank PLC	Singapore Swap Offer Rate Fixing 6 Month	2.54%	12/14/2032	SGD		461	$	(11	)
Barclays Bank PLC	Singapore Swap Offer Rate Fixing 6 Month	2.77%	06/14/2032	SGD		2,220		31
Barclays Bank PLC	1.71%	Singapore Swap Offer Rate Fixing 6 Month	12/14/2022	SGD		804		4
Barclays Bank PLC	1.86%	Singapore Swap Offer Rate Fixing 6 Month	06/14/2022	SGD		3,830		(44	)
Barclays Bank PLC	Brazil Interbank Deposit Rate	8.27%	01/02/2017	BRL		3,774		(65	)
HSBC	Brazil Interbank Deposit Rate	8.27%	01/02/2017	BRL		2,330		(40	)
HSBC	Brazil Interbank Deposit Rate	8.31%	01/02/2017	BRL		6,488		(110	)
HSBC	Brazil Interbank Deposit Rate	8.32%	01/02/2015	BRL		6,369		(5	)
							$	(240	)

Total Return Swaps
Counterparty	Reference Entity/Obligation	Fund Pays	Fund Receives	Termination Date		Currency	Notional Amount (Thousands)		Net Unrealized Appreciation (Depreciation) ($Thousands)
Standard Chartered London	India Government Bond 8.07% 7/3/2017	Cash Deposit Of Notional Amount	Price Return		07/03/2017	INR		69,890	$	29
Standard Chartered London	India Government Bond 8.07% 7/3/2017	Cash Deposit Of Notional Amount	Price Return		07/03/2017	INR		199,110		73
HSBC	Republic of Indonesia, 11.500%, 9/15/2019	Cash Deposit Of Notional Amount	Price Return		09/15/2019	IDR		33,200,000		(138	)
HSBC	Republic of Indonesia, 11.500%, 9/15/2019	Cash Deposit Of Notional Amount	Price Return		09/15/2019	IDR		4,500,000		(18	)
Standard Chartered London	India Government Bond 8.19% 01/16/2020	Cash Deposit Of Notional Amount	Price Return		01/16/2020	INR		124,000		33
Standard Chartered London	India Government Bond 8.15% 06/11/2022	Cash Deposit Of Notional Amount	Price Return		06/11/2022	INR		96,000		64
Standard Chartered London	India Government Bond 8.15% 06/11/2022	Cash Deposit Of Notional Amount	Price Return		06/11/2022	INR		37,000		25
Standard Chartered London	India Government Bond 8.33% 09/07/2026	Cash Deposit Of Notional Amount	Price Return		07/09/2026	INR		113,000		(11	)
HSBC	Republic of Indonesia, 8.375%, 9/15/2026	Cash Deposit Of Notional Amount	Price Return		09/15/2026	IDR		18,900,000		(26	)
Standard Chartered London	Republic of Indonesia, 7%, 5/15/2027	Cash Deposit Of Notional Amount	Price Return		05/15/2027	IDR		5,800,000		3
Standard Chartered London	Republic of Indonesia, 7%, 5/15/2027	Cash Deposit Of Notional Amount	Price Return		05/15/2027	IDR		3,500,000		11
HSBC	Republic of Indonesia, 10.500%, 8/15/2030	Cash Deposit Of Notional Amount	Price Return		08/15/2030	IDR		29,500,000		(5	)
Standard Chartered London	Republic of Indonesia, 10.5%, 8/15/2030	Cash Deposit Of Notional Amount	Price Return		08/15/2030	IDR		10,300,000		(18	)
HSBC	Republic of Indonesia, 8.250%, 6/15/2032	Cash Deposit Of Notional Amount	Price Return		06/15/2032	IDR		13,100,000		(3	)
Standard Chartered London	Republic of Indonesia, 8.25%, 6/15/2032	Cash Deposit Of Notional Amount	Price Return		06/15/2032	IDR		6,600,000		(6	)
Standard Chartered London	Republic of Indonesia, 6.625% 05/15/2033	Cash Deposit Of Notional Amount	Price Return		05/15/2033	IDR		14,000,000		(14	)
HSBC	Republic of Indonesia, 6.625% 05/15/2033	Cash Deposit Of Notional Amount	Price Return		05/15/2033	IDR		5,000,000		(2	)
									$	(3	)

For the six months ended March 31, 2013, the total number of all open swap agreements, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

Percentages are based on a Net Assets of $1,243,070 ($ Thousands).

* Rate shown is the 7-day effective yield as of March 31, 2013.

** Non income producing security.

† Investment in Affiliated Security.

(1) In U.S. Dollars unless otherwise indicated.

(A) Securities considered illiquid. The total market value of such securities as of March 31, 2013 was $29,509 ($ Thousands) and represented 2.4% of Net Assets.

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

(C) Step Bonds — The rate reflected on the Schedule of Investments is the effective yield on March 31, 2013. The coupon on a step bond changes on a specified date.

(D) Variable Rate Security — The rate reported on the Schedule of Investments is the rate in effect as of March 31, 2013.

(E) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.

(F) Security is when-issued.

(G) Security in default on interest payments.

(H) This security or a partial position of this security is on loan at March 31, 2013. The total market value of securities on loan at March 31, 2013 was $1,364 ($ Thousands) (See Note 8).

(I) This security was purchased with cash collateral held from securities on loan (see Note 8). The total value of such securities as of March 31, 2013 was $1,427 ($ Thousands).

ARS — Argentine Peso

BRL — Brazilian Real

BUBOR — Budapest Interbank Offered Rate

CLN — Credit Linked Note

CLP — Chilean Peso

CNH — Chinese Yuen (Offshore)

CNY — Chinese Renminbi

COP — Colombian Peso

CZK — Czech Koruna

DEM — German Mark

EUR — Euro

GBP — British Pound Sterling

HUF — Hungarian Forint

IDR — Indonesia Rupiah

ILS — Israeli Shekel

INR — India Rupee

KRW — Korean Won

MTN — Medium Term Note

MXN — Mexican Peso

MYR — Malaysian Ringgit

NGN — Nigerian Naira

PEI — Peruvian Inca

PHP — Philippine Peso

PIK — Payment-in-Kind

PLC — Public Limited Company

PLN — Polish Zlotty

RON — Romanian Leu

RUB — Russian Ruble

Ser — Series

SGD — Singapore Dollar

SPC — Segregated Portfolio Company

THB — Thai Baht

TRY — Turkish Lira

USD — U.S. Dollar

ZAR — South African Rand

14 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

March 31, 2013

The following is a summary of the inputs used as of March 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1		Level 2		Level 3(1)		Total
Global Bonds	$	—	$	1,123,576	$	—	$	1,123,576
Convertible Bonds		—		1,054		—		1,054
Loan Participations		—		1,240		15,722		16,962
Affiliated Partnership		—		1,427		—		1,427
Time Deposits		—		155,524		—		155,524
Total Investments in Securities	$	—	$	1,282,821	$	15,722	$	1,298,543

Other Financial Instruments	Level 1		Level 2			Level 3		Total
Forwards Contracts*	$	—	$	1,657		$	—	$	1,657
Interest Rate Swaps*		—		(240	)		—		(240	)
Total Return Swaps*		—		(3	)		—		(3	)
Purchased Options		—		677			—		677
Total Other Financial Instruments	$	—	$	2,091		$	—	$	2,091

	Global Bonds			Loan Participations
Beginning balance as of October 1, 2012	$	94		$	16,874
Accrued discounts/premiums		—			15
Realized gain/(loss)		—			(257	)
Change in unrealized appreciation/(depreciation)		—			(64	)
Purchases		—			—
Sales		—			(846	)
Transfer into Level 3		—			—
Transfer out of Level 3		(94	)		—
Ending balance as of March 31, 2013	$	—		$	15,722

* Forwards contracts and swaps are valued at the unrealized appreciation/(depreciation) on the instrument.

(1) Of the $15,816 ($ Thousands) in Level 3 securities as of March 31, 2013, $7,493 ($ Thousands) or 0.6% are not valued via third party pricing vendors and broker quotes. If significant, the disclosure of the unobservable inputs and the interrelationships and sensitivity between these inputs are required for those Level 3 securities that are no valued by third party pricing vendors or broker quotes.

For the six months ended March 31, 2013, there were no transfers between Level 1 and Level 2 assets and liabilities.

For the six months ended March 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

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

15 SEI Institutional International Trust / Semi-Annual Report / March 31, 2013

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

Not applicable.

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

Not applicable.

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

Not applicable.

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

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

Item 11. Controls and Procedures.

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

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

Items 12. Exhibits.

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

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

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

SIGNATURES

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

SEI Institutional International Trust
By	/S/    ROBERT A. NESHER
	Robert A. Nesher, President & CEO

Date: May 30, 2013

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

By	/S/    ROBERT A. NESHER
	Robert A. Nesher, President & CEO

Date: May 30, 2013

By	/S/    PETER A. RODRIGUEZ
	Peter A. Rodriguez, Controller & CFO

Date: May 30, 2013

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 Institutional International 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 controls 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 Registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

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

(a) All significant deficiencies and material weaknesses in the design or operation of internal controls 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: May 30, 2013

/s/ Robert A. Nesher

Robert A. Nesher

President & CEO

Certification

Pursuant to Section 302

of the Sarbanes-Oxley Act of 2002

I, Peter A. Rodriguez, certify that:

1. I have reviewed this report on Form N-CSRS of SEI Institutional International 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 controls 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 Registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

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

(a) All significant deficiencies and material weaknesses in the design or operation of internal controls 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: May 30, 2013

/s/ Peter A. Rodriguez

Peter A. Rodriguez

Controller & CFO

EX-99.906CERT

CERTIFICATION

Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the Chief Executive Officer of SEI Institutional International Trust (the “Fund”), with respect to the Fund’s Form N-CSRS for the period ended March 31, 2013 as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

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

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

Dated: May 30, 2013

/s/ Robert A. Nesher

Robert A. Nesher

CERTIFICATION

Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the Controller & CFO of SEI Institutional International Trust (the “Trust”), with respect to the Trust’s Form N-CSRS for the period ended March 31, 2013 as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

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

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

Dated: May 30, 2013

/s/ Peter A. Rodriguez

Peter A. Rodriguez