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

(Exact name of registrant as specified in charter)

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

(Address of principal executive offices)

Timothy D. Barto, Esq.

SEI Investments Co.

One Freedom Valley Drive

Oaks, PA 19456

(Name and address of agent for service)

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

Date of fiscal year end: September 30, 2024

Date of reporting period: March 31, 2024

Item 1. Reports to Stockholders.

March 31, 2024

SEMI-ANNUAL REPORT

SEI Institutional International Trust

❯ International Equity Fund

❯ Emerging Markets Equity Fund

❯ International Fixed Income Fund

❯ Emerging Markets Debt Fund

Paper copies of the Funds’ shareholder reports are no longer sent by mail, unless you specifically request them from the Funds or from your financial intermediary, such as a broker-dealer or bank. Shareholder reports are available online and you will be notified by mail each time a report is posted on the Funds’ website and provided with a link to access the report online.

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

seic.com

TABLE OF CONTENTS

Schedules of Investments	1
Statements of Assets and Liabilities	71
Statements of Operations	73
Statements of Changes in Net Assets	74
Financial Highlights	76
Notes to Financial Statements	78
Disclosure of Fund Expenses	97
Liquidity Risk Management Program	98
Board of Trustees Considerations in Approving the Advisory Agreement	99

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 as an exhibit to its reports on Form N-PORT. The Trust’s Form N-PORT reports are available on the Commission’s website at http://www.sec.gov.

A description of the policies and procedures that the Trust uses to determine how to vote proxies relating to portfolio securities, as well as information relating to how a Fund voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, is available (i) without charge, upon request, by calling 1-800-DIAL-SEI; and (ii) on the Commission’s website at http://www.sec.gov.

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund

^†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.

Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 94.6%
Australia — 2.1%
Ampol		181,217	$	4,704
ANZ Group Holdings Ltd		186,697		3,581
Aristocrat Leisure Ltd		214,185		6,009
Audinate Group *		6,506		89
Base Resources Ltd		271,387		20
BHP Group Ltd		90,218		2,606
BlueScope Steel Ltd		884,842		13,768
Brambles Ltd		668,646		7,045
Cochlear Ltd		37,712		8,304
Commonwealth Bank of Australia		7,481		587
CSR Ltd		274,097		1,577
Deterra Royalties Ltd		125,706		404
Fortescue Metals Group Ltd		155,176		2,602
Genesis Minerals *		377,905		457
Goodman Group ‡		107,302		2,367
Helia Group Ltd		156,150		398
Insurance Australia Group Ltd		189,011		789
JB Hi-Fi Ltd		22,199		931
Medibank Pvt		332,059		815
National Australia Bank Ltd		28,781		650
Neuren Pharmaceuticals *		71,485		990
New Hope		496,241		1,505
Northern Star Resources Ltd		91,253		862
Orica Ltd		130,606		1,556
Orora Ltd		1,320,432		2,343
Perseus Mining Ltd		358,575		503
PointsBet Holdings		73,555		40
Pro Medicus Ltd		30,555		2,068
Qantas Airways Ltd *		198,031		704
Ramelius Resources		705,400		856
Reece		45,939		842
Rio Tinto PLC ADR		4,128		263
Seven Group Holdings Ltd		103,377		2,750
Suncorp Group		160,094		1,711

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Super Retail Group Ltd		88,816	$	933
Ventia Services Group Pty		336,953		846
Washington H Soul Pattinson		52,748		1,157
Whitehaven Coal Ltd		1,479,952		6,855
				84,487
Austria — 0.2%
ANDRITZ AG		35,499		2,216
CA Immobilien Anlagen AG		25,842		913
Erste Group Bank AG		90,538		4,038
Raiffeisen Bank International AG		86,764		1,730
Vienna Insurance Group AG Wiener Versicherung Gruppe		5,873		183
				9,080
Belgium — 0.7%
Anheuser-Busch InBev SA/NV		405,292		24,713
Colruyt Group NV		23,523		1,088
KBC Group NV		14,272		1,070
Lotus Bakeries		89		860
				27,731
Bermuda — 0.0%
Conduit Holdings Ltd		958		6
Brazil — 1.2%
Ambev SA		9,464,400		23,672
Banco Bradesco SA ADR		1,183,507		3,385
Banco do Brasil SA		710,100		8,041
MercadoLibre Inc *		4,803		7,262
NU Holdings, Cl A *		497,406		5,934
Ultrapar Participacoes SA		161,300		920
VTEX, Cl A *		3,584		29
				49,243
Canada — 1.6%
AGF Management, Cl B		20,400		124
Alimentation Couche-Tard Inc		78,579		4,489
Black Diamond Group Ltd		4,100		27
Canadian Natural Resources Ltd		65,810		5,025
Canadian Pacific Kansas City		273,491		24,125
Cascades Inc		8,790		64
Dexterra Group Inc		104		–
Ensign Energy Services Inc *		37,800		72
Exco Technologies Ltd		9,200		51
InPlay Oil		18,011		32
Leon's Furniture Ltd		2,000		33
Magna International Inc, Cl A		413,874		22,565
Martinrea International Inc		88,935		799
Mullen Group Ltd		53,775		577
Pason Systems Inc		17,325		200
Thomson Reuters		33,304		5,188
				63,371
China — 2.4%
Agricultural Bank of China Ltd, Cl H		1,471,000		620

SEI Institutional International Trust

1

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Alibaba Group Holding Ltd		3,330,500	$	29,894
Autohome Inc ADR		1,788		47
China Coal Energy Co Ltd, Cl H		361,000		351
China Construction Bank Corp, Cl H		29,212,000		17,617
China Merchants Bank Co Ltd, Cl H		1,560,500		6,171
China Overseas Land & Investment Ltd		5,420,500		7,799
Haier Smart Home Co Ltd, Cl A		5,229,000		16,269
Lenovo Group Ltd		24,000		28
PetroChina Co Ltd, Cl H		7,828,000		6,691
Tencent Holdings Ltd		202,700		7,868
Vipshop Holdings Ltd ADR		80,091		1,326
Yangzijiang Shipbuilding Holdings Ltd		183,700		260
Yiren Digital Ltd ADR *		10,419		47
				94,988
Czech Republic — 0.0%
Komercni banka AS		7,731		277
Denmark — 3.5%
AP Moller - Maersk A/S, Cl B		4,028		5,257
Danske Bank A/S		599,587		18,017
Demant A/S *		77,191		3,841
DSV A/S		24,740		4,026
Genmab A/S *		19,717		5,918
Novo Nordisk, Cl B		680,498		87,383
Novozymes A/S, Cl B		26,724		1,574
Pandora A/S		78,757		12,725
ROCKWOOL A/S, Cl B		6,495		2,139
				140,880
Finland — 1.0%
Kone Oyj, Cl B		158,433		7,382
Konecranes		10,906		567
Nokia Oyj		6,761,254		24,031
Nokia Oyj ADR		1,221,550		4,324
Nordea Bank Abp		228,582		2,574
Orion Oyj, Cl B		761		28
Puuilo		4,370		47
Vaisala Oyj, Cl A		564		23
Wartsila OYJ Abp, Cl B		150,416		2,289
				41,265
France — 9.3%
Accor SA		278,561		13,027
Air Liquide SA		133,318		27,766
Alstom SA (A)		1,028,085		15,689
Amundi SA		349,142		24,001
AXA SA		271,492		10,208
BNP Paribas SA		75,829		5,394
Bouygues SA		313,483		12,808
Carrefour SA		408,713		7,007
Cie de Saint-Gobain		104,177		8,093
Cie Generale des Etablissements Michelin SCA		897,016		34,411
Danone SA		421,864		27,287

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Dassault Aviation SA		39,312	$	8,661
Dassault Systemes		35,776		1,586
Eurazeo SE		23,045		2,022
Hermes International SCA		8,500		21,720
Ipsen SA		62,682		7,467
Jacquet Metals SACA		4,492		89
Kering SA		57,098		22,591
L'Oreal SA		11,618		5,504
LVMH Moet Hennessy Louis Vuitton SE		14,735		13,267
Publicis Groupe SA		152,286		16,619
Rexel SA		1,379,995		37,304
Safran SA		41,026		9,307
SEB SA		227		29
Sodexo SA		170,639		14,647
Sopra Steria Group SACA		537		130
SPIE SA		8,311		312
Stef SA		602		89
Technip Energies NV		30,524		772
Teleperformance		179,326		17,446
Valeo		80,168		1,003
Vinci SA		56,863		7,293
Worldline *		2,314		29
				373,578
Germany — 8.7%
adidas AG		62,326		13,934
Allianz SE		33,619		10,086
BASF SE		643,728		36,798
Bayer AG		566,340		17,389
Bayerische Motoren Werke AG		4,511		521
Cewe Stiftung & Co KGAA		1,443		160
Covestro AG *		301,960		16,528
CTS Eventim AG & Co KGaA		4,502		401
Daimler Truck Holding AG		860,727		43,653
Deutsche Bank AG		787,375		12,400
Deutsche Boerse AG		23,747		4,864
Deutsche Telekom AG		664,024		16,136
Deutz AG		21,725		138
Duerr AG		24,234		561
E.ON SE		271,020		3,771
Evonik Industries AG		625,315		12,376
Fresenius Medical Care AG & Co KGaA		472,936		18,209
HeidelbergCement AG		147,957		16,291
HOCHTIEF AG		21,890		2,546
Infineon Technologies AG		283,744		9,657
KION Group AG		22,815		1,202
Knorr-Bremse AG		168,582		12,763
Krones AG		4,063		538
LANXESS AG		296,709		7,950
MorphoSys *		34,873		2,531
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen		15,300		7,474
Nemetschek SE		4,088		405

2

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Rational AG		1,765	$	1,523
Rheinmetall AG		3,283		1,847
RWE AG		251,336		8,540
SAP SE		260,184		50,709
Scout24 AG		18,377		1,386
Siemens AG		61,166		11,690
Siemens Energy AG *		30,372		558
Siemens Healthineers AG		37,169		2,277
Stabilus SE		4,070		259
TAG Immobilien AG *		41,411		567
Talanx AG		11,287		895
thyssenkrupp AG		213,985		1,149
Traton		3,729		134
				350,816
Greece — 0.0%
Danaos Corp		2,810		203
National Bank of Greece SA *		46,101		361
Safe Bulkers		26,368		131
				695
Hong Kong — 1.1%
AIA Group Ltd		202,400		1,359
Cafe de Coral Holdings Ltd		1,364		1
Chaoda Modern Agriculture Holdings Ltd *		2,440,000		12
CK Infrastructure Holdings		275,500		1,612
CLP Holdings Ltd		33,000		263
Futu Holdings ADR *		12,196		660
Galaxy Entertainment Group Ltd		3,080,000		15,466
Johnson Electric Holdings Ltd		66,877		93
Link REIT ‡		880,600		3,786
Power Assets Holdings Ltd		219,000		1,282
Prudential PLC		1,723,313		16,175
Swire Pacific Ltd, Cl A		76,000		625
Techtronic Industries Co Ltd		143,500		1,945
WH Group Ltd		891,000		588
				43,867
Hungary — 0.2%
Magyar Telekom Telecommunications PLC		9,209		23
MOL Hungarian Oil & Gas PLC		49,088		398
OTP Bank Nyrt		155,564		7,163
				7,584
India — 0.4%
Bharat Petroleum Corp Ltd		279,340		2,018
Coal India Ltd		614,054		3,196
ICICI Bank Ltd ADR		238,169		6,290
Indian Oil Corp Ltd		1,279,297		2,573
Indus Towers Ltd *		201,506		703
Lupin		16,395		318
Manappuram Finance Ltd		110,408		229
PTC India Financial Services		118,431		57
				15,384

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Indonesia — 0.0%
Delta Dunia Makmur Tbk PT		4,942,800	$	128
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		885,085		50
				178
Ireland — 0.6%
Bank of Ireland Group PLC		2,288,917		23,361
Cairn Homes PLC		25,663		44
				23,405
Israel — 0.8%
Camtek *		34,196		2,865
Check Point Software Technologies Ltd *		76,500		12,547
Delek Group		4,161		546
Elbit Systems Ltd		2,558		536
Melisron		7,584		563
Nice Ltd ADR *		20,540		5,353
Plus500 Ltd		73,919		1,686
Teva Pharmaceutical Industries Ltd ADR *		57,467		811
Wix.com Ltd *		65,656		9,026
				33,933
Italy — 3.0%
A2A SpA		761,173		1,376
Azimut Holding SpA		7,259		197
Banca IFIS SpA		10,134		199
Banca Mediolanum SpA		134,052		1,474
Banca Popolare di Sondrio SPA		80,441		603
BPER Banca		219,156		1,037
Brunello Cucinelli SpA		18,191		2,082
Buzzi SpA		66,359		2,609
Coca-Cola HBC AG		123,159		3,894
Danieli & C Officine Meccaniche SpA		4,232		112
Enel SpA		5,675,840		37,509
Ferrari NV		35,271		15,389
Intesa Sanpaolo SpA		1,972,129		7,163
Leonardo SpA		458,516		11,528
Moncler SpA		9,633		720
Recordati Industria Chimica e Farmaceutica SpA		46,727		2,586
Ryanair Holdings PLC ADR		55,756		8,117
Saipem *		426,075		1,041
UniCredit SpA		561,914		21,346
Unipol Gruppo SpA		293,999		2,466
				121,448
Japan — 15.4%
77 Bank Ltd/The		64,664		1,720
A&D HOLON Holdings Co Ltd		13,000		249
Advance Residence Investment ‡		436		965
Advantest Corp		147,100		6,507
Aeon Co Ltd		78,700		1,864
Aisan Industry Co Ltd		29,600		328
AIT		2,300		27

SEI Institutional International Trust

3

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Akita Bank		1,800	$	25
Alpha Systems		1,400		30
Amano		13,100		333
ANA Holdings Inc		160,900		3,359
Anest Iwata Corp		4,800		43
AOKI Holdings Inc		14,500		107
Asahi Group Holdings Ltd		102,100		3,740
Asia Pile Holdings Corp		6,900		38
Ateam Inc		5,700		24
Avant Group Corp		2,800		24
Axial Retailing Inc		19,600		133
Azbil		50,000		1,377
Bandai Namco Holdings Inc		92,000		1,701
Bank of Iwate Ltd/The		7,300		123
Bank of Saga Ltd/The		2,900		40
baudroie inc *		1,100		28
BIPROGY Inc		173,700		5,145
Bridgestone Corp		164,900		7,290
Brother Industries Ltd		24,600		455
Business Brain Showa-Ota Inc		2,600		37
Business Engineering Corp		1,200		30
Canon Marketing Japan Inc		84,200		2,475
Capcom Co Ltd		150,400		2,808
Carlit Holdings Co Ltd		5,800		41
Central Japan Railway Co		117,400		2,910
Central Security Patrols		1,500		26
Chiba Kogyo Bank Ltd/The		6,100		42
Chino Corp		2,700		47
Chugai Pharmaceutical Co Ltd		211,800		8,069
Chugoku Electric Power Co Inc/The		80,300		604
Chugoku Marine Paints (A)		20,500		300
COLOPL Inc		9,800		40
Comforia Residential REIT ‡		268		579
COMSYS Holdings		27,800		649
Copro-Holdings		3,400		40
Cosel Co Ltd		2,600		26
Cosmo Energy Holdings Co Ltd		18,100		906
CTS		5,500		29
Dai-Ichi Cutter Kogyo		3,200		34
Dai-ichi Life Holdings Inc (A)		154,400		3,928
Daiichi Sankyo Co Ltd		124,700		3,953
Dainichiseika Color & Chemicals Manufacturing Co Ltd		3,200		62
Daitron Co Ltd		1,400		33
Daiwa Securities Group Inc		847,700		6,419
Densan System Holdings		1,500		27
Digital Arts Inc		3,600		103
Disco Corp		6,600		2,407
East Japan Railway Co		135,300		2,592
Eiken Chemical Co Ltd		12,500		162
Elecom Co Ltd		5,800		59
en Japan Inc (A)		74,500		1,305

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Entrust		5,500	$	31
ERI Holdings		4,300		50
eSOL		1,900		10
Ezaki Glico		31,700		884
FANUC Corp		456,300		12,723
Fast Retailing Co Ltd		29,900		9,228
Fibergate		14,100		107
Forum Engineering Inc		8,600		53
Foster Electric		6,500		53
Fuji Corp/Aichi		12,100		213
Fuji Oil (A)		40,400		125
Fujimori Kogyo		1,000		28
Fujitsu Ltd		611,000		9,760
Fukuoka Financial Group Inc		323,700		8,615
Furyu Corp		8,000		67
Futaba Industrial Co Ltd		21,600		167
Future		2,500		27
G-7 Holdings Inc		2,700		26
Gakken Holdings Co Ltd		6,700		41
Gakujo Co Ltd		2,200		26
Gecoss		4,100		31
Glory Ltd		14,800		278
GMO internet		48,800		881
GNI Group *		12,900		256
GungHo Online Entertainment Inc		45,900		733
Gunze Ltd		1,900		68
Hanwa		3,300		128
Heiwa Corp		31,600		413
Hisamitsu Pharmaceutical Co Inc		25,100		649
Hitachi Ltd		4,700		427
Hito Communications Holdings Inc		5,800		44
Hodogaya Chemical Co Ltd		700		17
Hokkaido Gas		1,600		27
Horiba Ltd		12,400		1,281
Ichikoh Industries Ltd		7,800		28
Idemitsu Kosan Co Ltd		165,700		1,131
Iida Group Holdings Co Ltd (A)		240,900		3,106
I'll		3,600		72
INFRONEER Holdings		93,100		891
Inpex Corp		82,300		1,250
Invincible Investment Corp ‡		4,548		2,040
I-PEX Inc		19,400		233
Isuzu Motors Ltd		464,600		6,259
ITmedia (A)		1,300		15
ITOCHU Corp		221,200		9,448
Iwaki Co Ltd		3,800		72
JAC Recruitment Co Ltd		35,200		183
Japan Exchange Group Inc		108,500		2,929
Japan Lifeline Co Ltd		19,200		153
Japan Medical Dynamic Marketing		26,400		126
Japan Petroleum Exploration Co Ltd		14,000		633
Japan Post Bank Co Ltd		111,000		1,192

4

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Japan Post Holdings Co Ltd		396,000	$	3,984
Japan Post Insurance Co Ltd		342,500		6,539
Japan Transcity		4,500		20
JCU Corp		3,900		99
Jeol Ltd		11,100		457
JK Holdings		3,700		26
J-Stream Inc		2,900		8
Justsystems Corp		7,200		126
JVCKenwood Corp		26,100		160
Kakaku.com Inc		5,900		71
Kanaden		3,100		31
Kansai Electric Power Co Inc/The		100,300		1,424
Kansai Paint Co Ltd		181,800		2,593
Kao Corp		302,400		11,301
Kato Works		3,500		35
KAWADA TECHNOLOGIES Inc		3,000		65
KDDI Corp (A)		164,600		4,859
KDX Realty Investment ‡		584		621
Keio Corp		47,700		1,305
Keisei Electric Railway Co Ltd		30,700		1,244
Kenko Mayonnaise Co Ltd		12,200		162
Kewpie		67,600		1,253
Keyence Corp		12,400		5,743
Kimura Unity Co Ltd		6,200		69
Kirin Holdings Co Ltd		54,700		760
Kobe Bussan Co Ltd		38,000		931
Koike Sanso Kogyo		1,300		54
Koito Manufacturing Co Ltd		48,100		647
Kokuyo Co Ltd		147,100		2,399
Komatsu Ltd		927,600		27,354
Komori Corp		12,000		97
Konica Minolta Inc (A)		322,200		1,051
Konoike Transport Co Ltd		2,500		35
Kotobuki Spirits Co Ltd		93,000		1,165
Kubota Corp		157,500		2,463
Kusuri no Aoki Holdings		42,800		882
Kyoritsu Maintenance Co Ltd		55,400		1,267
Kyoto Financial Group		56,700		1,020
Kyushu Leasing Service		4,500		42
Lawson Inc		68,600		4,685
LY		584,200		1,476
Macnica Holdings Inc		24,000		1,170
Makita Corp		429,500		12,132
Maruzen Showa Unyu Co Ltd		3,400		104
Matching Service Japan		7,000		53
Maxell Ltd		4,500		47
Mazda Motor Corp (A)		710,100		8,265
MCJ Co Ltd		4,200		37
Medical System Network Co Ltd, Cl A		12,800		55
Megachips Corp *		7,900		201
Megmilk Snow Brand Co Ltd		23,400		415
Meidensha Corp		7,100		133

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
MEITEC Group Holdings		6,700	$	129
METAWATER Co Ltd		3,900		57
Micronics Japan Co Ltd		25,400		1,385
Mimasu Semiconductor Industry Co Ltd		17,000		344
MINEBEA MITSUMI Inc		885,700		17,270
Mitsubishi Chemical Holdings Corp		119,500		726
Mitsubishi Electric Corp (A)		218,500		3,640
Mitsubishi Heavy Industries Ltd		240,000		2,165
Mitsubishi Shokuhin Co Ltd		17,900		656
Mitsubishi UFJ Financial Group Inc		153,600		1,558
Mitsui & Co Ltd		30,000		1,396
Mitsui Fudosan Logistics Park ‡		212		637
Mitsui OSK Lines Ltd		16,200		494
MIXI Inc		70,200		1,212
Mizuho Financial Group Inc		207,400		4,095
Mizuno Corp		48,400		2,015
Modec		3,100		62
Moriroku Holdings		4,800		82
Morita Holdings Corp		2,100		23
Morito Co Ltd		4,300		43
Mory Industries		700		29
MS&AD Insurance Group Holdings Inc		654,600		11,525
Murata Manufacturing Co Ltd		620,800		11,627
Nagoya Railroad Co Ltd		35,600		497
Naigai Trans Line Ltd		5,300		85
NEC Corp		115,200		8,384
NEOJAPAN Inc		5,700		47
NET One Systems Co Ltd		17,600		309
NGK Insulators Ltd		140,300		1,883
Nichiban		2,000		26
Nichirei Corp		60,200		1,618
Nidec Corp		36,400		1,497
Nihon Chouzai Co Ltd		19,900		205
Nihon Denkei Co Ltd		4,400		70
Nihon Flush		4,100		26
Nihon Trim Co Ltd		5,200		129
Nippon Concept Corp		4,100		50
Nippon Electric Glass Co Ltd		100,400		2,561
Nippon Paint Holdings Co Ltd		135,600		972
Nippon Seisen Co Ltd		500		4
Nippon Shinyaku Co Ltd		26,900		798
Nippon Shokubai Co Ltd		2,800		27
Nippon Steel Corp		34,700		832
Nippon Telegraph & Telephone Corp		4,078,900		4,851
Nippon Thompson Co Ltd		13,600		57
Nippon Yusen KK		134,400		3,685
Nishimatsu Construction		18,100		520
Nissan Motor Co Ltd		975,700		3,850
Nissei ASB Machine Co Ltd		1,100		38
Nisshinbo Holdings Inc		54,200		435
Nissin Corp		2,200		41
Nissin Foods Holdings Co Ltd		144,000		3,968

SEI Institutional International Trust

5

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Nisso Holdings		3,900	$	21
Nissui Corp		242,100		1,516
Nitto Kohki Co Ltd		2,200		28
Nittoc Construction Co Ltd		10,000		77
Nomura Real Estate Holdings Inc		95,000		2,676
Nomura Real Estate Master Fund Inc ‡		532		526
North Pacific Bank Ltd (A)		45,600		133
Obara Group Inc		2,700		68
OBIC Business Consultants Co Ltd		29,200		1,367
Obic Co Ltd		20,700		3,120
Okabe Co Ltd		8,200		42
Okamoto Industries		300		10
Okuwa Co Ltd		61,100		382
Olympus Corp		906,300		13,016
Ono Pharmaceutical Co Ltd (A)		10,000		164
Onward Holdings Co Ltd		34,300		121
Optim Corp *		7,100		48
Optorun Co Ltd		31,300		424
Oracle Corp Japan		27,000		2,024
Oriental Land Co Ltd/Japan		268,000		8,565
Orix JREIT Inc ‡		715		778
Oro Co Ltd		2,100		36
Otsuka Corp		138,800		2,936
Otsuka Holdings Co Ltd		139,100		5,764
Pan Pacific International Holdings Corp		153,600		4,065
Paramount Bed Holdings		1,400		24
Persol Holdings Co Ltd		1,925,700		2,687
Pickles Holdings Co Ltd		4,400		34
PR Times *		6,000		81
Pronexus Inc		3,300		27
Proto Corp		4,400		41
QB Net Holdings Co Ltd		2,400		19
Qol Holdings Co Ltd		8,900		102
Rakus		44,200		596
Recruit Holdings Co Ltd		213,700		9,360
Renesas Electronics Corp		198,400		3,518
Resona Holdings Inc		2,936,400		18,083
Ricoh Co Ltd		145,500		1,290
Ride On Express Holdings Co Ltd		6,000		41
Riken Technos Corp		7,100		46
Riken Vitamin Co Ltd		6,300		104
Riso Kagaku Corp		2,300		47
Rix		700		19
Ryohin Keikaku Co Ltd		31,600		516
Sakai Chemical Industry Co Ltd		1,800		23
Sakai Heavy Industries Ltd		1,000		44
Sakai Moving Service Co Ltd		3,300		55
Sakata INX		8,000		83
Sangetsu Corp (A)		25,300		552
Sankyo Co Ltd (A)		993,900		10,846
Sanrio		64,200		1,230
Santen Pharmaceutical Co Ltd		274,400		2,695

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Sanwa Holdings Corp		252,000	$	4,384
Sanyo Shokai Ltd		13,700		247
Sapporo Holdings		18,300		729
Sato Holdings Corp		7,000		107
Sawai Group Holdings		8,400		328
SB Technology		2,800		39
SCREEN Holdings Co Ltd (A)		74,200		9,555
SCSK Corp		109,300		2,027
Seiko Epson Corp (A)		91,500		1,593
Sekisui Kasei		8,300		27
SERAKU Co Ltd		3,000		24
Seven & i Holdings Co Ltd		1,241,800		18,051
Shibaura Machine Co Ltd		11,900		287
Shibuya Corp		5,500		126
Shimamura Co Ltd		31,800		1,811
Shimojima Co Ltd		3,100		28
Shindengen Electric Manufacturing Co Ltd		10,600		212
Shin-Etsu Polymer		3,900		40
Shinnihonseiyaku Co Ltd		2,300		26
Shiseido Co Ltd		21,200		579
Shofu Inc		6,300		121
Sinfonia Technology Co Ltd		4,200		86
Sinko Industries Ltd		1,700		43
SKY Perfect JSAT Holdings		33,100		225
SMK Corp		1,300		22
SMS Co Ltd		13,900		238
Solasto		1,500		5
Soliton Systems KK		5,500		48
Sompo Holdings Inc		79,800		1,666
Sotetsu Holdings		28,400		507
Star Micronics		3,900		48
Step Co Ltd		1,900		25
Subaru Corp		203,500		4,607
Sumitomo Electric Industries		48,600		750
Sumitomo Mitsui Financial Group Inc (A)		139,600		8,147
Sumitomo Pharma Co Ltd *		15,700		41
Sumitomo Rubber Industries Ltd		94,500		1,160
Sun* *		8,300		53
Suntory Beverage & Food Ltd		106,300		3,591
Sun-Wa Technos Corp		2,600		41
Suzuken Co Ltd/Aichi Japan		39,000		1,187
System Research		2,800		30
T&D Holdings Inc		301,700		5,236
Taihei Dengyo Kaisha Ltd		800		24
Taiho Kogyo Co Ltd, Cl A		1,200		7
Taisho Pharmaceutical Holdings Co Ltd		18,000		1,019
Takara & Co Ltd		2,600		48
Takashimaya Co Ltd		159,600		2,541
Takeda Pharmaceutical Co Ltd		695,300		19,309
Takeuchi Manufacturing		16,600		662
Takuma Co Ltd		13,900		172
TDK Corp		298,500		14,579

6

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
TechMatrix Corp		12,700	$	152
Temairazu Inc		6,600		140
Terumo Corp		28,400		518
TIS Inc		137,100		2,930
Tocalo Co Ltd		7,400		86
Tochigi Bank Ltd/The		16,400		40
Tokio Marine Holdings Inc		84,100		2,626
Tokyo Electron Ltd		16,600		4,306
Tokyo Seimitsu Co Ltd		62,300		4,810
Tokyu Fudosan Holdings Corp		414,000		3,330
Toli		15,900		43
Tonami Holdings Co Ltd		800		24
TOPPAN Holdings		4,600		115
Toray Industries Inc		3,079,100		14,762
Toshiba TEC Corp		6,100		121
Toyo Engineering Corp		26,300		165
Toyo Kanetsu		4,000		117
Toyo Suisan Kaisha Ltd		47,800		2,919
Trend Micro Inc/Japan		63,300		3,206
Trusco Nakayama Corp		12,500		211
Tsubakimoto Chain Co		19,800		665
Tsubakimoto Kogyo		2,100		31
TYK Corp/Tokyo		11,000		35
United Arrows Ltd		1,900		24
V Technology Co Ltd		1,500		25
Valor Holdings Co Ltd		5,500		90
ValueCommerce Co Ltd		25,300		179
Vital KSK Holdings		5,500		45
Warabeya Nichiyo Holdings Co Ltd		11,900		215
Waseda Academy Co Ltd		3,100		32
WingArc1st Inc		20,200		405
Yamaha Motor Co Ltd		350,100		3,214
Yamaichi Electronics Co Ltd		6,300		100
Yamato Kogyo		12,300		697
Yamazaki Baking Co Ltd		28,600		737
Yokowo Co Ltd		7,900		80
Yorozu Corp		5,500		35
Yoshinoya Holdings		24,400		544
Yossix Holdings Co Ltd		6,600		126
Zenrin		5,500		31
ZIGExN Co Ltd		12,900		51
Zuken Inc		5,000		146
				618,071
Jordan — 0.0%
Hikma Pharmaceuticals PLC		11,910		289
Luxembourg — 0.5%
ArcelorMittal SA		727,508		20,000
Birkenstock Holding *		12,103		572
L'Occitane International		97,750		395
				20,967

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Malaysia — 0.0%
Fraser & Neave Holdings Bhd		6,900	$	43
Mexico — 0.0%
Grupo Herdez SAB de CV		27,929		75
Netherlands — 5.3%
Adyen NV *		5,969		10,108
Akzo Nobel NV		193,315		14,443
Arcadis NV		11,596		711
ASM International NV		14,271		8,722
ASML Holding NV, Cl G		14,934		14,493
BE Semiconductor Industries NV		3,939		604
EXOR NV		7,262		808
Fugro *		44,138		1,083
HAL Trust		782		110
Heineken NV		36,590		3,530
ING Groep NV		2,392,857		39,400
Koninklijke Ahold Delhaize NV		792,665		23,730
Koninklijke KPN NV		1,116,589		4,180
Koninklijke Philips NV *		1,475,100		29,641
NN Group NV		88,417		4,089
Pluxee *		146,979		4,349
Randstad NV		562,860		29,738
Redcare Pharmacy *		3,593		589
Wolters Kluwer NV		143,090		22,439
				212,767
Norway — 0.0%
Bouvet ASA		9,949		57
Hoegh Autoliners ASA		15,224		130
Kongsberg Gruppen ASA		8,385		579
Stolt-Nielsen Ltd		1,480		55
Wallenius Wilhelmsen ASA, Cl B		12,734		104
				925
Poland — 0.2%
Alior Bank *		24,346		598
Bank Polska Kasa Opieki SA		135,002		6,157
PGE Polska Grupa Energetyczna SA *		259,340		468
Powszechna Kasa Oszczednosci Bank Polski SA		138,515		2,061
				9,284
Portugal — 0.1%
Banco Comercial Portugues, Cl R *		4,193,377		1,416
Jeronimo Martins SGPS SA		121,283		2,407
Mota-Engil SGPS		24,215		126
				3,949
Qatar — 0.0%
Ooredoo QPSC		171,417		499
Saudi Arabia — 0.2%
Arab National Bank		9,009		71
Elm Co		29,496		7,542

SEI Institutional International Trust

7

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Etihad Etisalat Co		9,831	$	138
Saudi Electricity Co		274,978		1,450
Saudi Marketing		4,728		35
				9,236
Singapore — 0.5%
DBS Group Holdings Ltd		81,900		2,187
Genting Singapore Ltd		817,800		536
Grab Holdings, Cl A *		236,740		743
Hafnia		12,002		83
IGG Inc *		460,000		194
Sembcorp Industries		443,200		1,773
Singapore Airlines Ltd		914,800		4,338
Singapore Exchange Ltd		9,700		66
United Overseas Bank Ltd		339,500		7,373
UOL Group Ltd		409,200		1,744
				19,037
South Africa — 0.0%
DataTec Ltd		100,188		200
South Korea — 1.2%
BNK Financial Group Inc		604,863		3,585
Coupang, Cl A *		270,308		4,809
Samsung Electronics Co Ltd		471,075		28,273
SaraminHR Co Ltd		1,991		27
Shinhan Financial Group Co Ltd		199,854		7,007
SK Hynix Inc		30,579		4,048
				47,749
Spain — 3.3%
ACS Actividades de Construccion y Servicios SA		41,348		1,732
Aena SME SA		64,096		12,630
Amadeus IT Group SA, Cl A		377,756		24,250
Banco Bilbao Vizcaya Argentaria SA		800,210		9,541
Banco Santander SA		1,239,039		6,051
CaixaBank SA (A)		7,287,834		35,364
Cia de Distribucion Integral Logista Holdings SA		2,009		56
Iberdrola SA		797,432		9,900
Industria de Diseno Textil SA		641,709		32,344
Repsol SA		48,579		810
Solaria Energia y Medio Ambiente *		22,022		240
Telefonica SA		118,748		524
				133,442
Sweden — 2.5%
Alfa Laval AB		23,441		923
Assa Abloy AB, Cl B		139,668		4,011
Atlas Copco AB, Cl A		362,317		6,126
Betsson, Cl B		44,087		437
Camurus *		12,609		598
Essity AB, Cl B		526,953		12,528
Evolution AB		51,839		6,451

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Fastighets Balder, Cl B *		271,273	$	1,996
H & M Hennes & Mauritz AB, Cl B		429,271		7,009
Hemnet Group		18,620		571
Indutrade		37,387		1,021
Investor AB, Cl B		266,877		6,705
Munters Group		38,765		696
Mycronic		18,985		671
Saab AB, Cl B		4,647		414
Securitas AB, Cl B		1,815,341		18,735
Skandinaviska Enskilda Banken, Cl A (A)		259,623		3,519
SKF AB, Cl B (A)		60,242		1,231
Troax Group		615		14
Volvo AB, Cl B (A)		1,035,485		28,094
				101,750
Switzerland — 4.2%
ABB Ltd		556,288		25,872
Accelleron Industries		30,890		1,159
Adecco Group AG		36,266		1,436
Alcon Inc		17,102		1,419
Aryzta AG *		11,975		22
BKW		8,230		1,265
Chocoladefabriken Lindt & Spruengli AG		12		1,450
Cie Financiere Richemont SA, Cl A		26,152		3,992
DocMorris *		6,049		608
dormakaba Holding AG		2,385		1,256
DSM-Firmenich		4,561		519
Givaudan SA		125		557
Julius Baer Group Ltd		469,243		27,132
Kuehne + Nagel International AG (A)		359		100
Logitech International SA		214,936		19,272
Novartis AG		213,254		20,686
On Holding, Cl A *		19,747		699
Sandoz Group *		58,146		1,757
Schindler Holding AG		40,071		10,103
Sonova Holding AG		11,147		3,231
Swatch Group AG/The		29,280		6,807
Swiss Life Holding AG		374		263
Swiss Prime Site AG		10,768		1,017
Swissquote Group Holding SA		3,062		861
Temenos AG		2,448		175
UBS Group AG		1,178,435		36,294
				167,952
Taiwan — 2.1%
Acer Inc		1,111,000		1,620
Apacer Technology Inc		23,000		50
ASE Technology Holding ADR		559,644		6,151
ASROCK		82,000		661
Asustek Computer Inc		168,000		2,223
Compal Electronics Inc		311,000		372
Evergreen Marine Corp Taiwan Ltd		506,000		2,783
Global Lighting Technologies Inc		13,000		21
Hon Hai Precision Industry Co Ltd		6,885,000		33,453

8

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
ITE Technology Inc		50,728	$	280
MediaTek Inc		272,000		9,859
Micro-Star International Co Ltd		6,000		31
Nova Technology		5,000		29
Novatek Microelectronics Corp		446,000		8,208
Realtek Semiconductor Corp		79,000		1,375
Silicon Motion Technology Corp ADR		47,747		3,674
Taiwan Semiconductor Manufacturing Co Ltd		603,000		14,489
Zyxel Group Corp		100,000		150
				85,429
Thailand — 0.1%
Bangchak Corp PCL NVDR		504,200		615
Bangkok Bank PCL NVDR		307,300		1,171
Lanna Resources PCL NVDR		132,100		51
Mermaid Maritime *		420,400		33
Thai Oil PCL NVDR		161,600		260
				2,130
United Arab Emirates — 0.0%
Dana Gas PJSC		965,331		170
Emaar Development PJSC		55,327		124
Emirates NBD Bank PJSC		142,214		670
				964
United Kingdom — 12.1%
3i Group PLC		103,460		3,671
4imprint Group PLC		596		48
AG Barr PLC		10,962		81
AJ Bell PLC		26,807		102
AstraZeneca PLC		167,703		22,621
BAE Systems PLC		513,250		8,750
Balfour Beatty PLC		3,539		17
Barclays PLC		14,371,570		33,260
Barclays PLC ADR		56,775		536
Berkeley Group Holdings PLC		71,908		4,322
BP PLC		2,872,450		17,987
BP PLC ADR		221,051		8,329
Breedon Group		7,305		35
British American Tobacco PLC		360,722		10,964
Centrica PLC		7,030,009		11,336
Coca-Cola Europacific Partners PLC		17,860		1,249
Compass Group PLC		414,845		12,174
Computacenter PLC		34,397		1,171
Diageo PLC		1,032,332		38,151
easyJet PLC		51,242		369
Ferrexpo PLC *		383,928		212
Greggs PLC		71,696		2,603
HSBC Holdings PLC		2,913,611		22,783
International Consolidated Airlines Group SA *		969,024		2,164
Intertek Group PLC		205,573		12,946
Investec PLC		1,209,195		8,091

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
J Sainsbury PLC		5,539,123	$	18,921
Just Group PLC		389,824		518
Kingfisher PLC		1,388,505		4,375
Legal & General Group PLC		2,324,937		7,472
Man Group PLC/Jersey		834,115		2,818
NatWest Group PLC		7,475,606		25,073
Ninety One PLC		348,352		752
Pagegroup PLC		214,227		1,214
Polar Capital Holdings PLC		163		1
Reckitt Benckiser Group PLC		642,212		36,605
RELX PLC		262,262		11,363
Rolls-Royce Holdings PLC *		6,987,947		37,667
Sage Group PLC/The		439,261		7,022
Segro PLC ‡		341,862		3,903
Smith & Nephew PLC		1,384,936		17,348
Speedy Hire PLC		81,426		26
Standard Chartered PLC		1,639,069		13,902
Tesco PLC		7,436,276		27,862
Travis Perkins PLC		1,365,989		12,586
Unilever PLC		416,347		20,909
Vodafone Group PLC		3,892,519		3,465
WH Smith PLC		395,162		6,574
Whitbread PLC		19,547		818
Wise PLC, Cl A *		2,367		28
				485,194
United States — 10.1%
Accenture PLC, Cl A		15,203		5,269
Aon PLC, Cl A		23,307		7,778
Arch Capital Group Ltd *		74,683		6,904
Atlassian Corp Ltd, Cl A *		40,487		7,899
CRH		173,363		14,954
CRH PLC		3,585		309
CyberArk Software *		17,470		4,641
EPAM Systems Inc *		12,270		3,388
Experian PLC		367,192		16,022
Ferguson PLC		35,673		7,807
GSK PLC		678,636		14,648
GSK PLC ADR		108,538		4,653
Holcim AG		118,750		10,766
ICON PLC ADR *		35,280		11,852
James Hardie Industries PLC *		419,109		16,846
Linde PLC		11,429		5,307
Medtronic PLC		162,014		14,120
Monday.com Ltd *		39,723		8,972
Navigator Holdings		2,091		32
Nestle SA		167,417		17,797
Newmont		9,650		338
RHI Magnesita NV		760		34
Roche Holding AG		329,570		84,048
Sanofi		426,531		41,901
Schneider Electric SE		22,295		5,048
Shell PLC		1,399,131		46,775

SEI Institutional International Trust

9

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Spotify Technology *		47,653	$	12,576
Stellantis NV		703,403		20,014
STERIS PLC		24,983		5,617
Tenaris		123,519		2,443
Tenaris SA ADR		58,778		2,308
Waste Connections Inc		33,688		5,795
				406,861
Total Common Stock
(Cost $3,181,456) ($ Thousands)				3,809,029
PREFERRED STOCK — 0.5%
Brazil — 0.0%
Petroleo Brasileiro SA (B)		190,600		1,428
Usinas Siderurgicas de Minas Gerais SA Usiminas (B)		172,700		346
				1,774
Germany — 0.5%
FUCHS PETROLUB SE, 2.800%		3,890		193
Henkel AG & Co KGaA (B)		171,862		13,828
Schaeffler AG (B)		113,002		763
Volkswagen AG, 7.200%		48,366		6,416
				21,200
Total Preferred Stock
(Cost $23,400) ($ Thousands)				22,974
AFFILIATED PARTNERSHIP — 2.5%
SEI Liquidity Fund, LP
5.340% **†(C)		99,919,037		99,949
Total Affiliated Partnership
(Cost $99,938) ($ Thousands)				99,949
CASH EQUIVALENT — 1.6%
SEI Daily Income Trust, Government Fund, Institutional Class
5.130%**†		63,619,405		63,619
Total Cash Equivalent
(Cost $63,619) ($ Thousands)				63,619
Total Investments in Securities — 99.2%
(Cost $3,368,413) ($ Thousands)			$	3,995,571

10

SEI Institutional International Trust

A list of the open futures contracts held by the Fund at March 31, 2024, is as follows:

Type of Contract	Number of Contracts		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation(Thousands)
Long Contracts
Euro STOXX 50		455		Jun-2024	$	24,651	$	24,791	$	315
FTSE 100 Index		139		Jun-2024		13,914		14,026		182
Hang Seng Index		16		Apr-2024		1,695		1,694		–
SPI 200 Index		55		Jun-2024		7,047		7,133		123
TOPIX Index		98		Jun-2024		17,811		17,803		15
					$	65,118	$	65,447	$	635

A list of the open OTC Swap agreement held by the Fund at March 31, 2024, is as follows:

Total Return Swap

Counterparty

Reference Entity/ Obligation

Fund Pays

Fund Receives

Payment Frequency

Termination Date

Currency

Notional Amount (Thousands)

Value (Thousands)

Upfront Payments/ Receipts (Thousands)

Net Unrealized Appreciation (Depreciation) (Thousands)

Morgan Stanley

Custom Basket of International Equity Securities

Federal Funds Effective Rate (Daily) + custom spread

Asset Returns

Annually

02/03/2027

USD

29,595

$

3,243

$

–

$

3,243

$

3,243

$

–

$

3,243

The following table represents the top 50 individual stock exposures comprising the Custom Basket Total Return Swap as of March 31, 2024:

United States Custom Basket of Long Securities

Shares		Description	Notional Amount (Thousands)		Value (Thousands)			Percentage of Basket
	15,738	ASML Holding N.V. New York Registry Shar	$	14,797	$	443		50.0	%
	599,800	TOYOTA MOTOR CORP		14,236		821		48.1
	106,237	CRH PLC		8,911		266		30.1
	8,354	MH MOET HENNESSY LOUIS VUITT		7,843		(344	)	26.5
	29,486	AIR LIQUIDE		6,265		(138	)	21.2
	26,743	SCHNEIDER SA		6,260		(219	)	21.2
	170,092	UNICREDITO SPA		6,093		491		20.6
	59,600	HITACHI LTD		4,977		429		16.8
	1,158,885	TESCO PLC		4,246		86		14.3
	87,886	RELX PLC		3,779		14		12.8
	28,566	VINCI SA		3,639		17		12.3
	93,807	SHELL PLC		3,058		46		10.3
	97,854	ASSOCIATED BRITISH FOODS PLC		2,920		162		9.9
	101,553	HALMA PLC		2,864		167		9.7
	540,834	ROLLS-ROYCE HOLDINGS PLC		2,711		198		9.2
	23,737	INTERCONTINENTAL HOTELS GROU		2,439		27		8.2
	181,207	NATIONAL GRID PLC		2,420		14		8.2
	114,493	GSK PLC		2,402		65		8.1
	21,019	NEXT PLC		2,277		170		7.7
	159,230	CREDIT AGRICOLE		2,257		117		7.6
	68,764	COCA-COLA HBC AG-DI		2,173		(3	)	7.3
	192,426	VIVENDI		2,089		5		7.1
	132,633	SAGE GROUP PLC/THE		2,050		110		6.9
	280,375	B&M EUROPEAN VALUE RETAIL SA		1,930		(1	)	6.5
	58,723	3I GROUP PLC		1,911		168		6.5
	560,197	MARKS & SPENCER GROUP PLC		1,755		117		5.9
	110,634	VISTRY GROUP PLC		1,722		(6	)	5.8
	18,472	KINGSPAN GROUP		1,673		8		5.7

SEI Institutional International Trust

11

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund (Continued)

Shares		Description	Notional Amount (Thousands)		Value (Thousands)			Percentage of Basket
	741,061	BARCLAYS PLC		1,666		45		5.6	%
	11,095	GTT		1,650		6		5.6
	35,855	ACCOR SA		1,628		45		5.5
	255,579	BP PLC		1,599		(2	)	5.4
	60,759	KLEPIERRE		1,577		45		5.3
	25,696	BERKELEY GROUP HOLDINGS/THE		1,535		6		5.2
	773,015	TRITAX BIG BOX REIT PLC		1,459		72		4.9
	199,934	RIGHTMOVE PLC		1,441,126		(56	)	4.9
	18,445	UNIBAIL-RODAMCO-WESTFIELD		1,423,075		58		4.8
	118,189	UNITE GROUP PLC/THE		1,422,104		35		4.8
	213,095	BABCOCK INTL GROUP PLC		1,392,099		5		4.7
	12,995	PUBLICIS		1,396,919		18		4.7
	33,811	WHITBREAD PLC		1,383,522		29		4.7
	26,516	UNILEVER PLC		1,300,870		28		4.4
	53,251	HIKMA PHARMACEUTICALS PLC		1,252,988		60		4.2
	18,385	TOTALENERGIES SE		1,250,699		23		4.2
	87,175	MEDIOBANCA		1,243,401		54		4.2
	320,881	ASCENTIAL PLC		1,224,724		4		4.1
	17,436	AMUNDI SA		1,139,059		57		3.8
	343,918	MAN GROUP PLC/JERSEY		1,116,766		43		3.8
	25,630	DIPLOMA PLC		1,103,615		99		3.7
	174,693	AVIVA PLC		1,073,582		20		3.6
	7,165	ARM HOLDINGS PLC		917,959		(24	)	3.1
	435,669	INTL CONSOLIDATED AIRLINE-DI		878,271		94		3.0
	113,580	YELLOW CAKE PLC		858,766		3		2.9
	6,588	GAMES WORKSHOP GROUP PLC		836,760		(3	)	2.8
	48,215	PERSIMMON PLC		790,828		24		2.7
	31,085	TECHNIP ENERGIES NV		786,566		(4	)	2.7
	17,804	EXPERIAN PLC		757,332		18		2.6
	7,486	GECINA SA		756,048		8		2.6
	59,286	WISE PLC - A		696,967		(3	)	2.4
	2,002	ICON PLC		670,190		1		2.3
	215,873	MONEYSUPERMARKET.COM		646,277		(24	)	2.2
	44,077	BURFORD CAPITAL LTD		642,378		48		2.2
	7,026	EURONEXT NV		661,717		6		2.2
	2,995	FLUTTER ENTERTAINMENT PLC		645,308		(49	)	2.2
	2,946	SAFRAN SA		651,257		16		2.2
	16,574	SPIE SA - W/I		630,519		(9	)	2.1
	26,269	ELIS SA		580,042		16		2.0
	5,008	LONDON STOCK EXCHANGE GROUP		602,357		(3	)	2.0
	152,692	CONVATEC PLC		551,352		-		1.9
	94,909	DARKTRACE PLC		551,722		(29	)	1.9
	30,875	VALLOUREC		564,194		8		1.9
	56,801	AUTO TRADER GROUP PLC		546,330		(45	)	1.8
	220,635	LONDONMETRIC PROPERTY PLC		536,016		29		1.8
	218,901	IWG PLC		504,753		28		1.7
	100,540	BRITISH LAND CO PLC		471,601		29		1.6
	57,629	LAND SECURITIES GROUP PLC		452,833		25		1.5
	2,629	EIFFAGE		294,260		5		1.0

United States Custom Basket of Short Securities

Shares			Description	Notional Amount (Thousands)			Value (Thousands)			Percentage of Basket
	(342,700	)	KYOCERA CORP	($	4,786	)	$	236		(16.2	)%
	(123,300	)	AGC INC		(4,514	)		56		(15.3	)
	(275,100	)	SKYLARK HOLDINGS CO LTD		(4,266	)		(81	)	(14.4	)
	(139,200	)	DMG MORI CO LTD		(3,695	)		41		(12.5	)
	(23,000	)	NITORI HOLDINGS CO LTD		(3,515	)		53		(11.9	)
	(155,000	)	OSAKA GAS CO LTD		(3,442	)		(31	)	(11.6	)

12

SEI Institutional International Trust

Shares			Description	Notional Amount (Thousands)			Value (Thousands)			Percentage of Basket
	(481,300	)	SHIMIZU CORP		(3,112	)		19		(10.5	)%
	(176,000	)	FUJITSU LTD		(2,885	)		79		(9.7	)
	(139,600	)	WELCIA HOLDINGS CO LTD		(2,502	)		134		(8.5	)
	(150,700	)	MARUBENI CORP		(2,481	)		(113	)	(8.4	)
	(18,571	)	SPIRAX-SARCO ENGINEERING PLC		(2,490	)		137		(8.4	)
	(76,600	)	SUNTORY BEVERAGE FOOD LTD		(2,457	)		(125	)	(8.3	)
	(286,100	)	RICOH CO LTD		(2,443	)		(88	)	(8.3	)
	(584,600	)	OJI HOLDINGS CORP		(2,360	)		(60	)	(8.0	)
	(109,500	)	YAMAHA CORP		(2,354	)		2		(8.0	)
	(81,400	)	TOTO LTD		(2,332	)		58		(7.9	)
	(168,900	)	SG HOLDINGS CO LTD		(2,181	)		48		(7.4	)
	(208,800	)	HULIC CO LTD		(2,120	)		(15	)	(7.2	)
	(140,800	)	SEINO HOLDINGS CO LTD		(2,009	)		82		(6.8	)
	(13,553	)	COLOPLAST B		(1,859	)		33		(6.3	)
	(82,000	)	SEKISUI HOUSE LTD		(1,833	)		(24	)	(6.2	)
	(105,000	)	MITSUBISHI ELECTRIC CORP		(1,775	)		27		(6.0	)
	(39,883	)	QIAGEN NV		(1,756	)		45		(5.9	)
	(42,300	)	YASKAWA ELECTRIC CORP		(1,747	)		(39	)	(5.9	)
	(104,100	)	SEEK LTD		(1,752	)		54		(5.9	)
	(46,900	)	HAMAMATSU PHOTONICS KK		(1,687	)		44		(5.7	)
	(94,500	)	NABTESCO CORP		(1,644	)		68		(5.6	)
	(542,900	)	YAMADA HOLDINGS CO LTD		(1,620	)		51		(5.5	)
	(1,137,440	)	MIRVAC GROUP		(1,621	)		(127	)	(5.5	)
	(290,100	)	NSK LTD		(1,599	)		(48	)	(5.4	)
	(147,075	)	KINNEVIK B		(1,606	)		(41	)	(5.4	)
	(31,400	)	NIPPON EXPRESS HOLDINGS INC		(1,575	)		(21	)	(5.3	)
	(15,400	)	HIROSE ELECTRIC CO LTD		(1,550	)		(24	)	(5.2	)
	(95,800	)	ELECTRIC POWER DEVELOPMENT CO LTD		(1,515	)		(51	)	(5.1	)
	(81,000	)	UBE CORP		(1,415	)		(21	)	(4.8	)
	(162,702	)	ELECTROLUX B		($1,433	)		($20	)	(4.8	)
	(177,800	)	ASAHI KASEI CORP		(1,324	)		26		(4.5	)
	(35,800	)	ZENKOKU HOSHO CO LTD		(1,303	)		26		(4.4	)
	(103,089	)	CNH INDUSTRAL NV		(1,272	)		(61	)	(4.3	)
	(63,300	)	FURUKAWA ELECTRIC CO LTD		(1,278	)		(51	)	(4.3	)
	(48,600	)	SBI HOLDINGS INC		(1,257	)		(11	)	(4.2	)
	(131,100	)	KS HOLDINGS CORP		(1,172	)		48		(4.0	)
	(155,452	)	TATE & LYLE PLC		(1,176	)		(35	)	(4.0	)
	(124,123	)	RS GROUP PLC		(1,148	)		11		(3.9	)
	(35,000	)	MITSUBISHI LOGISTICS CORP		(1,124	)		(5	)	(3.8	)
	(265,089	)	LENDLEASE GROUP		(1,135	)		24		(3.8	)
	(214,216	)	SCHRODERS PLC		(1,065	)		7		(3.6	)
	(68,400	)	SUMCO CORP		(1,069	)		(5	)	(3.6	)
	(29,800	)	NH FOODS LTD		(1,047	)		53		(3.5	)
	(79,800	)	LIXIL CORP		(1,027	)		47		(3.5	)
	(28,700	)	HOSHIZAKI CORP		(1,050	)		8		(3.5	)
	(72,700	)	OLYMPUS CORP		(1,031	)		(11	)	(3.5	)
	(296,725	)	ENDEAVOUR GROUP LTD/AUSTRALI		(1,021	)		(44	)	(3.5	)
	(60,200	)	MITSUBISHI ESTATE CO LTD		(1,007	)		(83	)	(3.4	)
	(532,100	)	SATS LTD		(1,014	)		(10	)	(3.4	)
	(243,904	)	BANK OF QUEENSLAND LTD		(979	)		(25	)	(3.3	)
	(257,537	)	NOKIA OYJ		(942	)		29		(3.2	)
	(60,597	)	TOMRA SYSTEMS		(912	)		(34	)	(3.1	)
	(167,900	)	RAKUTEN GROUP INC		(867	)		(81	)	(2.9	)
	(63,000	)	NOK CORP		(853	)		(7	)	(2.9	)
	(866,300	)	MAPLETREE PAN ASIA COMMERCIAL		(829	)		9		(2.8	)
	(36,387	)	INTERNATIONAL GAME TECHNOLOG		(787	)		(41	)	(2.7	)
	(27,260	)	JSR CORP		(789	)		10		(2.7	)
	(5,252	)	REPLY SPA		(755	)		12		(2.6	)
	(24,890	)	KONINKLIJKE AHOLD DELHAIZE NV		(747	)		3		(2.5	)
	(81,000	)	HAKUHODO DY HOLDINGS INC		(717	)		(9	)	(2.4	)

SEI Institutional International Trust

13

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Equity Fund (Concluded)

Shares			Description	Notional Amount (Thousands)			Value (Thousands)			Percentage of Basket
	(33,700	)	ADEKA CORP		(717	)		9		(2.4	)%
	(80,400	)	LION CORP		(723	)		6		(2.4	)
	(89,159	)	HUSQVARNA B		(722	)		(40	)	(2.4	)
	(49,400	)	USHIO INC		(670	)		41		(2.3	)
	(40,800	)	ROHM CO LTD		(681	)		31		(2.3	)
	(74,900	)	AEON FINANCIAL SERVICE CO LTD		(672	)		(8	)	(2.3	)
	(40,200	)	MSAD INSURANCE GROUP HOLDINGS INC		(689	)		(17	)	(2.3	)
	(425,019	)	NATIONAL STORAGE REIT		(677	)		12		(2.3	)
	(60,327	)	INFRASTRUTTURE WIRELESS ITALIANE SPA (IT		(688	)		3		(2.3	)
	(25,800	)	TSUMURA CO		(639	)		(2	)	(2.2	)
	(54,700	)	AEON MALL CO LTD		(645	)		2		(2.2	)
	(71,186	)	BILLERUD AB		(657	)		18		(2.2	)
	(191,000	)	HK LAND HOLDINGS		(619	)		3		(2.1	)
	(457,200	)	PERSOL HOLDINGS CO LTD		(630	)		(7	)	(2.1	)
	(4,489	)	CARL ZEISS MEDITEC AG		(588	)		22		(2.0	)
	(2,800	)	MARUWA CO LTD		(587	)		4		(2.0	)
	(394,750	)	JD SPORTS FASHION PLC		(578	)		(91	)	(2.0	)
	(484,105	)	XINYI GLASS		(567	)		55		(1.9	)
	(32,100	)	MITSUBISHI GAS CHEMICAL CO INC		(566	)		30		(1.9	)
	(69,100	)	THE CHIBA BANK LTD		(554	)		(19	)	(1.9	)
	(696,700	)	SUNTEC REIT		(557	)		1		(1.9	)
	(194,646	)	KINGFISHER PLC		(572	)		(41	)	(1.9	)
	(20,047	)	SIGNIFY NV		(566	)		(51	)	(1.9	)
	(70,274	)	NORDIC VLSI		(563	)		8		(1.9	)
	(48,655	)	WORLDLINE SA		(552	)		(50	)	(1.9	)
	(7,540	)	DKSH N		(540	)		8		(1.8	)
	(18,000	)	SUMITOMO METAL MINING CO LTD		(537	)		5		(1.8	)
	(15,100	)	JACCS CO LTD		(547	)		1		(1.8	)
	(35,480	)	BURBERRY GROUP PLC		(537	)		(6	)	(1.8	)
	(60,035	)	PENNON GROUP PLC		(525	)		35		(1.8	)
	(59,600	)	BIC CAMERA INC		(513	)		9		(1.7	)
	(57,800	)	ANRITSU CORP		(495	)		29		(1.7	)
	(252,000	)	CAPITALAND INVESTMENT LTD/SI		(503	)		3		(1.7	)
	(41,687	)	BREMBO SPA		(516	)		(17	)	(1.7	)
	(91,256	)	ST JAMES'S PLACE PLC		(494	)		(40	)	(1.7	)
	(21,649	)	CORPORACION ACCIONA ENERGIAS RENOVABLES		(479	)		8		(1.6	)
	(43,000	)	EXEO GROUP INC		(458	)		4		(1.5	)
	(127,951	)	ATLAS ARTERIA		(440	)		(5	)	(1.5	)
	(355,000	)	NEW WORLD DEV		(425	)		51		(1.4	)

	Percentages are based on Net Assets of $4,025,936 ($ Thousands).
*	Non-income producing security.
**	The rate reported is the 7-day effective yield as of March 31, 2024.
†	Investment in Affiliated Security (see Note 5).
‡	Real Estate Investment Trust.
(A)	Certain securities or partial positions of certain securities are on loan at March 31, 2024.
(B)	No interest rate available.
(C)	This security was purchased with cash collateral held from securities on loan (see Note 9). The total market value of such securities as of March 31, 2024 was $99,949 ($ Thousands).

14

SEI Institutional International Trust

The following is a summary of the level of inputs used as of March 31, 2024, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Common Stock		3,809,029		–		–		3,809,029
Preferred Stock		22,974		–		–		22,974
Affiliated Partnership		–		99,949		–		99,949
Cash Equivalent		63,619		–		–		63,619
Total Investments in Securities		3,895,622		99,949		–		3,995,571

Other Financial Instruments	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Appreciation		635		–		–		635
Unrealized Depreciation		–		–		–		–
OTC Swap
Total Return Swap*
Unrealized Appreciation		–		3,243		–		3,243
Total Other Financial Instruments		635		3,243		–		3,878

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

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

The following is a summary of the transactions with affiliates for the period ended March 31, 2024 ($ Thousands):

Security Description	Value 9/30/2023		Purchases at Cost		Proceeds from Sales			Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value 3/31/2024		Income		Capital Gains
SEI Liquidity Fund, LP	$	7,071	$	292,011	$	(199,102	)	$	(4	)	$	(27	)	$	99,949	$	84	$	—
SEI Daily Income Trust, Government Fund, Institutional Class		34,469		369,344		(340,194	)		—			—			63,619		987		—
Totals	$	41,540	$	661,355	$	(539,296	)	$	(4	)	$	(27	)	$	163,568	$	1,071	$	—

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

See “Glossary” for abbreviations.

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

SEI Institutional International Trust

15

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Equity Fund

^†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† — 92.6%
Austria — 0.3%
Erste Group Bank AG		116,083	$	5,178
Brazil — 4.7%
Ambev SA		319,100		798
Ambev SA ADR		468,113		1,161
Arcos Dorados Holdings Inc, Cl A		174,330		1,939
B3 SA - Brasil Bolsa Balcao		283,229		679
Banco BTG Pactual SA		55,843		408
Banco do Brasil SA		381,915		4,325
BB Seguridade Participacoes SA		129,034		840
Centrais Eletricas Brasileiras SA		57,507		479
Cia de Saneamento Basico do Estado de Sao Paulo SABESP ADR		18,362		309
Cia Energetica de Minas Gerais ADR		328,889		812
CPFL Energia SA		762,895		5,313
Embraer ADR *		219,437		5,846
Engie Brasil Energia SA		70,117		563
Equatorial Energia SA		22,172		145
Gerdau SA ADR		63,727		282
Klabin SA		130,703		659
Lojas Renner SA		241,300		816
MercadoLibre Inc *		1,764		2,667
Natura & Co Holding SA		2,950,700		10,487
Petroleo Brasileiro SA ADR *		245,416		3,733
PRIO SA		319,066		3,097
Raia Drogasil SA		85,515		469
Sendas Distribuidora S/A		2,497,700		7,395
SLC Agricola SA		75,524		298
Suzano SA		68,056		870
Telefonica Brasil SA		55,222		557
TIM SA/Brazil		1,763,900		6,269

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
TIM SA/Brazil ADR		38,243	$	679
Vale SA		188,900		2,303
Vale SA ADR, Cl B		161,782		1,972
Vibra Energia SA		126,451		632
WEG SA		441,766		3,381
XP Inc, Cl A		114,277		2,932
YDUQS Participacoes SA		450,700		1,631
				74,746
Canada — 0.4%
Capstone Copper Corp *		288,802		1,840
Ivanhoe Mines Ltd, Cl A *		343,707		4,104
				5,944
Chile — 0.6%
Banco de Chile		78,814,826		8,759
Banco Santander Chile ADR		17,837		354
Cencosud SA		220,791		383
Enel Chile ADR		72,258		220
Sociedad Quimica y Minera de Chile SA ADR (A)		5,033		247
				9,963
China — 22.8%
37 Interactive Entertainment Network Technology Group Co Ltd, Cl A		591,300		1,443
3SBio Inc		497,592		380
AAC Technologies Holdings Inc		731,421		2,453
Agricultural Bank of China Ltd, Cl H		8,241,463		3,475
Alibaba Group Holding Ltd		4,296,372		38,564
Aluminum Corp of China Ltd, Cl A		833,082		820
Anhui Conch Cement Co Ltd, Cl H		1,138,500		2,368
ANTA Sports Products Ltd		29,078		309
Asymchem Laboratories Tianjin, Cl A		24,150		298
Avary Holding Shenzhen, Cl A		142,300		465
Baidu Inc ADR *		143,224		15,079
Bank of Beijing, Cl A		536,964		420
Bank of China Ltd, Cl H		11,354,701		4,686
Bank of Communications Co Ltd, Cl H		2,990,707		1,964
Bank of Jiangsu Co Ltd, Cl A		355,467		386
Baoshan Iron & Steel Co Ltd, Cl A		489,876		439
BeiGene Ltd ADR *		881		138
Beijing Enterprises Holdings Ltd		302,758		878
Beijing New Building Materials, Cl A		96,100		380
BOE Technology Group Co Ltd, Cl A		733,161		409
Bosideng International Holdings Ltd		2,850,050		1,424
Budweiser Brewing Co APAC Ltd		1,083,800		1,595
BYD Co Ltd, Cl H		221,256		5,699
BYD Electronic International Co Ltd		127,000		468
Centre Testing International Group, Cl A		1,025,000		1,787
China CITIC Bank Corp Ltd, Cl H		1,020,874		544
China Communications Services Corp Ltd, Cl H		4,490,712		2,094
China Construction Bank Corp, Cl H		10,114,171		6,100

16

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
China Everbright Bank Co Ltd, Cl H		2,707,900	$	778
China Life Insurance Co Ltd, Cl H		174,628		210
China Medical System Holdings Ltd		1,620,425		1,702
China Meidong Auto Holdings Ltd		7,430,000		2,867
China Mengniu Dairy Co Ltd		150,000		322
China Merchants Bank Co Ltd, Cl H		100,500		397
China Overseas Land & Investment Ltd		1,688,500		2,429
China Pacific Insurance Group Co Ltd, Cl H		321,858		563
China Petroleum & Chemical Corp, Cl H		1,129,579		641
China Resources Beer Holdings Co Ltd		76,000		350
China Resources Land Ltd		3,630,955		11,482
China Shenhua Energy Co Ltd, Cl H		151,124		594
China Tower Corp Ltd, Cl H		6,790,000		781
Chinasoft International Ltd		909,101		548
Chongqing Brewery Co Ltd, Cl A		240,500		2,150
Chongqing Changan Automobile, Cl A		166,000		394
Chow Tai Fook Jewellery Group Ltd		56,121		83
CITIC Ltd		780,605		750
CITIC Securities Co Ltd, Cl H		585,000		964
CMOC Group Ltd, Cl A		502,646		568
CSPC Pharmaceutical Group Ltd		434,000		341
Daqin Railway Co Ltd, Cl A		307,900		312
FAW Jiefang Group Co Ltd, Cl A *		243,400		304
Foshan Haitian Flavouring & Food Co Ltd, Cl A		1,583,997		8,675
Fuyao Glass Industry Group Co Ltd, Cl H		128,000		644
Ganfeng Lithium Group, Cl A		204,400		1,016
Gree Electric Appliances Inc of Zhuhai, Cl A		117,926		640
GRG Banking Equipment, Cl A		172,800		287
Guangzhou Automobile Group Co Ltd, Cl H		4,654,000		1,909
Guangzhou Kingmed Diagnostics Group Co Ltd, Cl A		609,089		4,770
Haidilao International Holding Ltd		2,353,500		5,311
Haier Smart Home Co Ltd, Cl A		3,918,061		12,544
Heilongjiang Agriculture Co Ltd, Cl A		455,900		760
HLA Corp Ltd, Cl A		300,900		365
Huayu Automotive Systems Co Ltd, Cl A		155,100		353
Industrial & Commercial Bank of China Ltd, Cl H		25,434,910		12,804
iQIYI Inc ADR *		2,099,281		8,880
JD Logistics Inc *		170,626		174
JD.com Inc ADR		45,130		1,236
JD.com Inc, Cl A		380,900		5,251
Jiangsu Yuyue Medical Equipment & Supply, Cl A		105,100		496
Jointown Pharmaceutical Group Co Ltd, Cl A		308,670		340
JOYY Inc ADR		8,956		275
Kanzhun ADR		26,711		468
Kingsoft Corp Ltd		413,300		1,273
Kuaishou Technology, Cl B *		106,770		669
Kunlun Energy Co Ltd		7,168,635		5,981

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
Kweichow Moutai Co Ltd, Cl A		1,694	$	399
Lenovo Group Ltd		2,806,000		3,252
Lens Technology Co Ltd, Cl A		207,800		390
Li Auto Inc ADR *		46,611		1,411
Li Ning Co Ltd		64,198		171
Lingyi iTech Guangdong, Cl A		519,500		392
Lufax Holding ADR		198,040		836
Meituan, Cl B *		794,085		9,821
MINISO Group Holding ADR		16,194		332
NetEase Inc		772,030		16,059
NetEase Inc ADR		24,408		2,525
New Oriental Education & Technology Group Inc *		510,545		4,446
NIO Inc ADR *		36,692		165
Nongfu Spring Co Ltd, Cl H		84,200		455
Offshore Oil Engineering Co Ltd, Cl A		407,100		359
PDD Holdings Inc ADR *		28,336		3,294
People's Insurance Co Group of China Ltd/The, Cl H		1,426,084		456
PetroChina Co Ltd, Cl H		3,410,506		2,915
PICC Property & Casualty Co Ltd, Cl H		9,519,638		12,553
Ping An Insurance Group Co of China Ltd, Cl H		3,814,884		16,110
Pop Mart International Group Ltd		126,600		465
Qifu Technology Inc ADR		35,200		649
Sany Heavy Equipment International Holdings		245,366		158
Satellite Chemical Co Ltd, Cl A *		155,397		367
SF Holding Co Ltd, Cl A		585,600		2,944
Shandong Weigao Group Medical Polymer Co Ltd, Cl H		72,301		45
Shanghai Construction Group, Cl A		619,800		200
Shanghai Electric Group, Cl A *		480,200		279
Shanghai Rural Commercial Bank Co Ltd, Cl A		426,662		390
Shanxi Coking Coal Energy Group, Cl A		227,400		321
Shanxi Lu'an Environmental Energy Development Co Ltd, Cl A		130,600		362
Shenzhen Envicool Technology, Cl A		834,208		3,518
Shenzhen International Holdings Ltd		18,203		14
Shenzhen Mindray Bio-Medical Electronics Co Ltd, Cl A		22,500		871
Shenzhen Transsion Holdings, Cl A		18,000		407
Shenzhou International Group Holdings Ltd		19,581		185
Sichuan Kelun Pharmaceutical Co Ltd, Cl A		91,800		384
Sinopharm Group Co Ltd, Cl H		272,822		699
Sinotruk Hong Kong Ltd		39,977		98
Sungrow Power Supply, Cl A		95,000		1,356
Tencent Holdings Ltd		617,424		23,967
Tencent Music Entertainment Group ADR *		32,272		361
Topsports International Holdings Ltd		2,631,541		1,762
TravelSky Technology Ltd, Cl H		279,992		339
Trip.com Group Ltd *		110,450		4,872

SEI Institutional International Trust

17

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
Trip.com Group Ltd ADR *		12,837	$	563
Tsingtao Brewery Co Ltd, Cl A		33,289		388
Uni-President China Holdings Ltd		185,190		132
Vipshop Holdings Ltd ADR		788,026		13,042
Weichai Power Co Ltd, Cl A		159,300		359
Weichai Power Co Ltd, Cl H		215,000		410
WuXi AppTec Co Ltd, Cl H		26,600		126
Wuxi Biologics Cayman Inc *		125,221		229
Xiaomi Corp, Cl B *		920,192		1,757
Xinyi Solar Holdings Ltd		7,340,458		5,684
Yadea Group Holdings Ltd		212,439		344
Yangzijiang Shipbuilding Holdings Ltd		282,820		400
Youngor Fashion, Cl A		127,249		123
Yuexiu Property Co Ltd		398,165		219
Yum China Holdings Inc		67,893		2,701
Yunnan Aluminium, Cl A		224,485		423
Yunnan Botanee Bio-Technology Group, Cl A		232,580		1,914
Yunnan Chihong Zinc&Germanium, Cl A		190,300		146
Yutong Bus, Cl A		1,385,500		3,600
Zangge Mining, Cl A		95,900		395
Zhejiang Expressway Co Ltd, Cl H		848,000		544
Zhejiang Supor Co Ltd, Cl A		53,522		424
Zhongjin Gold, Cl A		224,553		384
Zijin Mining Group Co Ltd, Cl H		250,600		500
Zoomlion Heavy Industry Science and Technology Co Ltd		5,310,000		3,291
Zoomlion Heavy Industry Science and Technology Co Ltd, Cl A		372,669		414
ZTE Corp, Cl H		282,385		563
ZTO Express Cayman Inc ADR		37,358		782
				360,927
Colombia — 0.1%
Bancolombia SA ADR, Cl R		59,475		2,035
Greece — 1.1%
Alpha Services and Holdings SA *		4,609,065		8,114
Eurobank Ergasias Services and Holdings SA *		3,458,278		6,655
Motor Oil Hellas Corinth Refineries SA		31,512		940
National Bank of Greece SA *		79,078		620
OPAP SA		17,312		312
Piraeus Financial Holdings *		53,998		226
				16,867
Hong Kong — 0.8%
AIA Group Ltd		1,184,000		7,950
Chaoda Modern Agriculture Holdings Ltd *		2,056,181		10
China High Precision Automation Group Ltd *(B)		1,385,624		19
Orient Overseas International Ltd		17,500		209
Vitasoy International Holdings Ltd		4,730,000		4,055

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
WH Group Ltd		773,007	$	510
				12,753
Hungary — 1.2%
MOL Hungarian Oil & Gas PLC		394,150		3,198
OTP Bank Nyrt		243,305		11,203
Richter Gedeon Nyrt		151,960		3,857
				18,258
India — 12.4%
Apollo Hospitals Enterprise Ltd		31,201		2,378
Apollo Tyres Ltd		66,980		375
Ashok Leyland Ltd		1,595,708		3,276
Asian Paints Ltd		13,970		477
Aurobindo Pharma Ltd		37,865		494
Axis Bank Ltd		105,809		1,329
Bajaj Auto Ltd		3,405		373
Bajaj Finance Ltd		7,426		645
Bank of Baroda		103,006		326
Bharat Electronics Ltd		385,239		931
Bharat Petroleum Corp Ltd		403,575		2,915
Bharti Airtel Ltd		253,569		3,735
Britannia Industries Ltd		9,238		544
Canara Bank		403,524		2,811
Cipla Ltd/India		25,418		456
Coal India Ltd		102,705		535
Cummins India Ltd		7,260		262
DLF Ltd		249,069		2,679
Dr Reddy's Laboratories Ltd		12,775		943
Dr Reddy's Laboratories Ltd ADR		113,410		8,319
Exide Industries Ltd		728,076		2,659
Federal Bank Ltd		228,899		412
GAIL India Ltd		156,316		339
Godrej Consumer Products Ltd		22,275		334
Grasim Industries Ltd		30,502		837
Great Eastern Shipping Co Ltd/The		29,061		349
Gujarat Narmada Valley Fertilizers & Chemicals Ltd		13,433		101
HCL Technologies Ltd		575,513		10,651
HDFC Asset Management Co Ltd		21,783		980
HDFC Bank Ltd		767,692		13,327
HDFC Bank Ltd ADR		169,631		9,494
Hero MotoCorp Ltd		69,713		3,947
Hindalco Industries Ltd		110,106		740
Hindustan Aeronautics		22,845		911
Hindustan Unilever Ltd		22,334		606
ICICI Bank Ltd		527,220		6,911
ICICI Bank Ltd ADR		613,828		16,211
Indian Oil Corp Ltd		220,408		443
Indraprastha Gas Ltd		61,945		320
Infosys Ltd		107,108		1,924
Infosys Ltd ADR		692,760		12,421
InterGlobe Aviation Ltd *		5,093		217

18

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
ITC Ltd		140,026	$	719
Jindal Steel & Power Ltd		91,654		933
Jio Financial Services *		139,783		593
JSW Energy		504,289		3,198
JSW Steel Ltd		29,834		297
Kotak Mahindra Bank Ltd		21,770		466
KPIT Technologies Ltd		151,906		2,707
L&T Finance Holdings		198,131		376
Larsen & Toubro Ltd		45,182		2,039
Lupin		22,688		440
Mahindra & Mahindra Ltd		35,836		826
Mahindra & Mahindra Ltd GDR		340,986		7,945
Manappuram Finance Ltd		177,099		368
Maruti Suzuki India Ltd		31,907		4,820
Max Healthcare Institute		67,122		660
MRF		141		226
Muthoot Finance Ltd		32,304		573
Nestle India		16,137		507
NTPC Ltd		366,016		1,474
Oil & Natural Gas Corp Ltd		250,859		806
Petronet LNG Ltd		1,111,395		3,507
PI Industries		9,601		445
Polycab India		5,015		305
Power Finance Corp Ltd		139,220		651
Power Grid Corp of India Ltd		1,276,516		4,238
Reliance Industries Ltd		390,512		13,914
Samvardhana Motherson International Ltd		362,529		509
SBI Life Insurance Co Ltd		36,675		660
Shriram Transport Finance Co Ltd		106,756		3,021
Siemens Ltd		10,829		698
Sobha Ltd		97,894		1,700
State Bank of India		111,160		1,003
Sun Pharmaceutical Industries Ltd		44,633		867
Tata Communications		7,458		180
Tata Consultancy Services Ltd		89,111		4,142
Tata Motors Ltd		123,785		1,473
Tata Steel Ltd		272,490		509
Tech Mahindra Ltd		24,029		360
Titan Co Ltd		12,691		579
Torrent Pharmaceuticals Ltd		49,151		1,533
UltraTech Cement Ltd		9,830		1,149
United Spirits Ltd		13,378		182
UPL Ltd		491,042		2,685
Wipro Ltd		59,534		343
WNS Holdings *		7,788		394
Zomato *		1,733,861		3,786
				196,743
Indonesia — 3.0%
Ace Hardware Indonesia Tbk PT		52,318,000		2,904
Astra International Tbk PT		2,480,252		806
Bank Central Asia Tbk PT		16,087,708		10,223
Bank Mandiri Persero Tbk PT		1,737,487		794

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
Bank Negara Indonesia Persero Tbk PT		1,963,710	$	731
Bank Rakyat Indonesia Persero Tbk PT		52,357,368		19,979
Bank Syariah Indonesia		15,917,600		2,721
Indofood CBP Sukses Makmur Tbk PT		747,940		547
Indofood Sukses Makmur Tbk PT		1,141,485		459
Kalbe Farma Tbk PT		62,475,400		5,812
Sumber Alfaria Trijaya Tbk PT		10,484,200		1,924
Telkom Indonesia Persero Tbk PT		2,259,367		494
United Tractors Tbk PT		422,799		645
				48,039
Japan — 0.3%
Unicharm Corp		137,900		4,391
Kazakhstan — 0.1%
NAC Kazatomprom JSC GDR		29,629		1,118
Kuwait — 0.1%
Kuwait Finance House KSCP		187,234		487
Mobile Telecommunications KSCP		191,871		306
National Bank of Kuwait SAKP		239,832		749
				1,542
Malaysia — 0.8%
CIMB Group Holdings Bhd		674,132		934
Gamuda Bhd		3,287,022		3,660
Genting Bhd		256,727		256
Malayan Banking Bhd		421,600		860
Public Bank Bhd		6,905,800		6,145
Tenaga Nasional Bhd		127,300		303
				12,158
Mexico — 3.4%
Alsea SAB de CV *		808,981		3,990
America Movil SAB de CV ADR		52,708		984
Arca Continental SAB de CV		68,201		744
Banco del Bajio SA		79,646		310
Cemex SAB de CV ADR *		550,120		4,957
Coca-Cola Femsa SAB de CV		38,400		371
Fibra Uno Administracion SA de CV ‡		619,914		1,030
Fomento Economico Mexicano SAB de CV		921,100		11,950
Fomento Economico Mexicano SAB de CV ADR		12,774		1,664
Gruma SAB de CV, Cl B		37,499		701
Grupo Aeroportuario del Sureste SAB de CV, Cl B		9,051		286
Grupo Financiero Banorte SAB de CV, Cl O		1,679,427		17,820
Grupo Mexico SAB de CV, Ser B		456,384		2,694
Kimberly-Clark de Mexico SAB de CV, Cl A		149,811		348
Promotora y Operadora de Infraestructura SAB de CV		148,263		1,570
Regional		366,675		3,611
Ternium SA ADR		7,115		296
Vista Energy ADR *		13,921		576

SEI Institutional International Trust

19

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
Wal-Mart de Mexico SAB de CV		118,710	$	478
				54,380
Panama — 0.2%
Copa Holdings SA, Cl A		29,839		3,108
Peru — 0.2%
Credicorp Ltd		17,623		2,986
Philippines — 0.6%
Ayala Land Inc		5,403,000		3,105
BDO Unibank Inc		1,548,181		4,255
International Container Terminal Services Inc		240,244		1,362
				8,722
Poland — 0.8%
Allegro.eu SA *		32,017		266
Bank Polska Kasa Opieki SA		52,307		2,385
Budimex		3,496		614
KGHM Polska Miedz SA		136,914		3,919
ORLEN SA		16,090		262
Powszechny Zaklad Ubezpieczen SA		395,476		4,841
Santander Bank Polska		2,906		415
				12,702
Qatar — 0.2%
Commercial Bank PSQC/The		367,077		498
Ooredoo QPSC		340,900		992
Qatar Islamic Bank SAQ		137,479		717
Qatar National Bank QPSC		62,541		244
				2,451
Romania — 0.0%
NEPI Rockcastle		102,626		709
Russia — 0.0%
Alrosa PJSC (B)		605,728		–
Gazprom PJSC *		279,264		–
Gazprom PJSC ADR		35,029		–
LUKOIL PJSC		109,206		–
Mobile TeleSystems PJSC		1,398,028		–
Rosneft Oil Co PJSC (B)		230,389		–
Sberbank of Russia PJSC (B)		417,388		–
Sberbank of Russia PJSC ADR		58,444		–
Surgutneftegas PJSC ADR *(A)		501,658		–
				—
Saudi Arabia — 2.2%
Al Rajhi Bank		85,280		1,890
Alinma Bank		78,820		920
Arab National Bank		164,650		1,297
Arabian Centres		54,013		366
Arabian Internet & Communications Services		5,532		558
Banque Saudi Fransi		64,666		672

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
BinDawood Holding		659,542	$	1,551
Bupa Arabia for Cooperative Insurance Co		7,425		522
Catrion Catering Holding		49,538		1,733
Dr Sulaiman Al Habib Medical Services Group Co		8,759		732
Elm Co		2,508		641
Etihad Etisalat Co		311,025		4,362
Leejam Sports Co JSC		10,523		612
Mouwasat Medical Services		13,353		486
National Medical Care		7,994		399
Riyad Bank		67,167		534
SABIC Agri-Nutrients Co		19,894		650
Sahara International Petrochemical Co		49,293		407
Saudi Arabian Oil Co		123,983		1,017
Saudi Aramco Base Oil		10,340		461
Saudi Awwal Bank		47,919		530
Saudi Basic Industries Corp		27,250		567
Saudi National Bank/The		632,782		6,884
Saudi Real Estate *		263,522		1,459
Saudi Telecom Co		249,551		2,635
United Electronics Co		127,635		3,253
				35,138
South Africa — 4.0%
African Rainbow Minerals Ltd ‡		28,717		249
Anglo American Platinum Ltd		19,680		799
AVI Ltd		1,983,620		9,569
Bid Corp Ltd		16,118		393
Capitec Bank Holdings Ltd		65,939		7,298
Clicks Group Ltd		12,833		201
Exxaro Resources Ltd		21,261		190
FirstRand Ltd		235,654		768
Gold Fields Ltd		30,466		489
Gold Fields Ltd ADR		274,985		4,369
Harmony Gold Mining Co Ltd ADR		134,160		1,096
Impala Platinum Holdings Ltd		19,677		81
Kumba Iron Ore Ltd		52,433		1,280
Mr Price Group Ltd		324,516		2,979
MTN Group Ltd		48,722		241
Naspers, Cl N		142,781		25,316
Nedbank Group Ltd		163,697		1,977
Northam Platinum Holdings		10,245		61
Old Mutual Ltd		2,216,707		1,375
Remgro		78,587		507
Sanlam Ltd		218,538		801
Sasol Ltd		21,164		164
Shoprite Holdings Ltd		48,040		628
Sibanye Stillwater Ltd		140,494		161
Standard Bank Group Ltd		106,729		1,044
Woolworths Holdings Ltd/South Africa		134,454		420
				62,456

20

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
South Korea — 12.5%
Celltrion Inc		4,886	$	667
CJ CheilJedang Corp		15,193		3,295
Classys		9,861		260
Coway Co Ltd		74,885		3,132
DB HiTek Co Ltd		3,550		116
DB Insurance Co Ltd		13,289		951
Doosan Bobcat Inc		30,128		1,208
Doosan Enerbility Co Ltd *		56,188		731
Eugene Technology		4,101		130
GS Holdings Corp		11,281		406
HAESUNG DS Co Ltd		4,006		152
Hana Financial Group Inc		506,801		22,173
Hankook Tire & Technology Co Ltd		157,937		6,347
Hanmi Pharm Co Ltd		1,427		362
Hanwha Aerospace Co Ltd		1,833		283
HD Hyundai Co Ltd		8,741		447
HD Korea Shipbuilding & Offshore Engineering Co Ltd *		6,224		556
HPSP Co Ltd		47,094		1,872
Hugel Inc *		4,234		607
Hyundai Glovis Co Ltd		4,512		605
Hyundai Marine & Fire Insurance Co Ltd		18,927		434
Hyundai Mobis Co Ltd		10,322		2,005
Hyundai Motor Co		6,319		1,112
Hyundai Steel Co		84,788		2,003
Industrial Bank of Korea		54,382		563
ISC		19,984		1,476
KB Financial Group Inc		68,794		3,592
Kia Corp		272,669		22,684
Korea Aerospace Industries Ltd		12,112		453
Korean Air Lines Co Ltd		43,204		696
KT Corp		26,472		746
KT&G Corp		4,910		342
Kumho Petrochemical Co Ltd		4,974		519
LG Chem Ltd		18,708		6,114
LG Corp		183,326		11,929
LG Electronics Inc		109,145		7,848
LG Energy Solution Ltd *		821		245
LG Uplus Corp		379,888		2,836
Meritz Financial Group		4,556		276
NAVER Corp		4,196		583
NH Investment & Securities Co Ltd		282,707		2,476
NongShim Co Ltd		953		264
Orion Corp/Republic of Korea		6,020		410
Pan Ocean Co Ltd		72,198		228
POSCO Holdings Inc		1,854		580
Posco International Corp		3,563		141
Samsung C&T Corp		23,810		2,832
Samsung Electronics Co Ltd		971,767		58,324
Samsung Engineering Co Ltd *		16,109		302
Samsung Life Insurance Co Ltd		38,293		2,716

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
Samsung SDI Co Ltd		7,838	$	2,780
Samsung SDS Co Ltd		4,565		555
Samsung Securities		16,234		491
Shinhan Financial Group Co Ltd		10,458		367
SK Holdings Co Ltd		1,943		264
SK Hynix Inc		96,310		12,748
SK Telecom Co Ltd ADR		5,981		129
S-Oil Corp		5,781		335
Woori Financial Group Inc		41,302		448
				197,146
Taiwan — 14.9%
Accton Technology Corp		23,000		329
Acer Inc		263,000		383
Advantech		581,000		7,389
ASE Technology Holding Co Ltd		218,664		1,059
Catcher Technology Co Ltd		138,826		943
Cathay Financial Holding Co Ltd		447,264		674
Cheng Shin Rubber Industry Co Ltd		277,500		431
Chunghwa Telecom Co Ltd		83,031		326
Compal Electronics Inc		322,689		386
CTBC Financial Holding Co Ltd		17,491,817		17,709
Delta Electronics Inc		299,000		3,200
Elan Microelectronics		71,000		356
Eva Airways Corp		405,000		400
Evergreen Marine Corp Taiwan Ltd		48,000		264
Far EasTone Telecommunications Co Ltd		182,000		460
First Financial Holding Co Ltd		763,180		658
Formosa Chemicals & Fibre Corp		51,000		87
Fositek		79,000		1,913
Foxconn Technology Co Ltd		126,413		257
Fubon Financial Holding Co Ltd		614,500		1,331
Global Unichip Corp		40,000		1,525
Hon Hai Precision Industry Co Ltd		1,442,870		7,011
LandMark Optoelectronics Corp		357,000		1,489
Largan Precision Co Ltd		42,738		3,245
Lite-On Technology Corp		897,636		2,973
Macronix International Co Ltd		4,281,000		3,565
Makalot Industrial Co Ltd		41,986		479
MediaTek Inc		256,443		9,295
Mega Financial Holding Co Ltd		924,072		1,162
Micro-Star International Co Ltd		1,362,451		7,110
MPI		34,203		325
Nan Ya Plastics Corp		446,209		768
Nien Made Enterprise Co Ltd		149,000		1,653
Novatek Microelectronics Corp		46,486		856
Pegatron Corp		120,304		375
Pou Chen Corp		213,547		242
Powertech Technology Inc		139,000		873
President Chain Store Corp		48,947		406
Quanta Computer Inc		153,000		1,339
Radiant Opto-Electronics Corp		74,975		404
Realtek Semiconductor Corp		45,000		783

SEI Institutional International Trust

21

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Equity Fund (Continued)

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
RichWave Technology Corp *		210,000	$	1,342
Simplo Technology Co Ltd		19,000		268
SinoPac Financial Holdings Co Ltd		1,032,209		693
Sitronix Technology Corp		32,500		305
Supreme Electronics Co Ltd		81,500		188
Synnex Technology International Corp		153,000		375
Taishin Financial Holding Co Ltd		553,001		310
Taiwan Cooperative Financial Holding Co Ltd		289,800		235
Taiwan Semiconductor Manufacturing Co Ltd		3,924,470		94,300
Taiwan Semiconductor Manufacturing Co Ltd ADR		155,438		21,147
Unimicron Technology Corp		736,000		4,370
Uni-President Enterprises Corp		6,514,875		15,553
United Microelectronics Corp		1,811,967		2,944
Voltronic Power Technology		13,500		696
Wiwynn Corp		98,000		6,706
WPG Holdings Ltd		188,071		564
Yuanta Financial Holding Co Ltd		1,262,090		1,187
Zhen Ding Technology Holding Ltd		4,000		16
				235,632
Thailand — 1.4%
Bangkok Bank PCL NVDR		124,369		474
Bangkok Chain Hospital NVDR		505,722		285
Bumrungrad Hospital PCL NVDR		85,163		520
CP ALL PCL NVDR		486,000		726
Kasikornbank PCL NVDR		2,479,700		8,427
Krung Thai Bank PCL NVDR		1,114,230		513
Minor International PCL NVDR		716,185		648
PTT Exploration & Production PCL		1,592,400		6,503
PTT Exploration & Production PCL NVDR		186,460		761
PTT Oil & Retail Business		5,022,400		2,423
PTT Oil & Retail Business NVDR		675,600		326
Supalai PCL NVDR		334,738		193
Thai Oil PCL NVDR		370,600		597
Thanachart Capital PCL NVDR		299,418		423
				22,819
Turkey — 0.5%
Akbank TAS		917,970		1,327
BIM Birlesik Magazalar AS		159,737		1,736
Coca-Cola Icecek AS		28,270		491
Haci Omer Sabanci Holding AS		240,277		616
KOC Holding AS		208,729		1,312
Tofas Turk Otomobil Fabrikasi AS		45,433		383
Turk Hava Yollari AO *		62,362		574
Turkcell Iletisim Hizmetleri AS		267,168		565
Yapi ve Kredi Bankasi AS		933,850		794
				7,798
United Arab Emirates — 1.6%
Abu Dhabi Commercial Bank PJSC		136,587		312

Description	Shares		Market Value ($ Thousands)
COMMON STOCK†† (continued)
Abu Dhabi Islamic Bank PJSC		256,334	$	762
ADNOC Logistics & Services		1,992,770		2,198
Aldar Properties PJSC		596,843		897
Dubai Islamic Bank PJSC		1,574,762		2,504
Emaar Properties PJSC		6,632,432		14,720
Emirates NBD Bank PJSC		899,467		4,238
Emirates Telecommunications Group Co PJSC		56,458		282
				25,913
United Kingdom — 0.8%
Unilever PLC		254,308		12,771
United States — 0.2%
Parade Technologies Ltd		90,000		2,587
Vietnam — 0.4%
Vinhomes JSC *		3,250,200		5,676
Total Common Stock
(Cost $1,280,182) ($ Thousands)				1,463,656
PREFERRED STOCK†† — 5.0%
Brazil — 3.3%
Banco Bradesco SA (C)		2,890,800		8,258
Cia Energetica de Minas Gerais (C)		365,239		918
Itau Unibanco Holding SA (C)		309,981		2,152
Itau Unibanco Holding SA ADR (C)		3,108,623		21,543
Itausa SA (C)		231,470		485
Petroleo Brasileiro SA ADR, Cl A (C)		1,015,620		15,133
Usinas Siderurgicas de Minas Gerais SA Usiminas (C)		1,500,800		3,007
				51,496
South Korea — 1.7%
Hyundai Motor Co (C)		79,876		9,340
LG Chem Ltd (C)		13,313		2,967
LG Electronics Inc (C)		38,776		1,337
Samsung Electronics Co Ltd (C)		267,286		13,342
				26,986
Total Preferred Stock
(Cost $67,857) ($ Thousands)				78,482
	Face Amount (Thousands)
DEBENTURE BOND — 0.0%
Brazil — 0.0%
Vale SA, Ser 1997
1.641%, 03/31/2173 (D)(E)	BRL	8		–
Total Debenture Bond
(Cost $—) ($ Thousands)				–

22

SEI Institutional International Trust

Description	Shares		Market Value ($ Thousands)
AFFILIATED PARTNERSHIP — 0.0%
SEI Liquidity Fund, LP
5.340% **†(F)		423,736	$	429
Total Affiliated Partnership
(Cost $424) ($ Thousands)				429
CASH EQUIVALENT — 1.4%
SEI Daily Income Trust, Government Fund, Institutional Class
5.130%**†		21,877,694		21,878
Total Cash Equivalent
(Cost $21,878) ($ Thousands)				21,878
Total Investments in Securities — 99.0%
(Cost $1,370,341) ($ Thousands)			$	1,564,445

A list of the open futures contracts held by the Fund at March 31, 2024, is as follows:

Type of Contract	Number of Contracts		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Depreciation(Thousands)
Long Contracts
MSCI Emerging Markets		424		Jun-2024	$	22,431	$	22,239	$	(192	)

	Percentages are based on Net Assets of $1,580,552 ($ Thousands).
*	Non-income producing security.
**	The rate reported is the 7-day effective yield as of March 31, 2024.
†	Investment in Affiliated Security (see Note 5).
††	Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting.
‡	Real Estate Investment Trust.
(A)	Certain securities or partial positions of certain securities are on loan at March 31, 2024.
(B)	Level 3 security in accordance with fair value hierarchy.
(C)	No interest rate available.
(D)	Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.
(E)	Perpetual security with no stated maturity date.
(F)	This security was purchased with cash collateral held from securities on loan (see Note 9). The total market value of such securities as of March 31, 2024 was $430 ($ Thousands).

The following is a summary of the level of inputs used as of March 31, 2024, 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		1,463,637		–		19		1,463,656
Preferred Stock		78,482		–		–		78,482
Debenture Bond		–		–		–		–
Affiliated Partnership		–		429		–		429
Cash Equivalent		21,878		–		–		21,878
Total Investments in Securities		1,563,997		429		19		1,564,445

Other Financial Instruments	Level 1 ($)			Level 2 ($)		Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Depreciation		(192	)		–		–		(192	)
Total Other Financial Instruments		(192	)		–		–		(192	)

(1) A reconciliation of Level 3 instruments is presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to the net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

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

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

SEI Institutional International Trust

23

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Equity Fund (Concluded)

The following is a summary of the transactions with affiliates for the period ended March 31, 2024 ($ Thousands):

Security Description	Value 9/30/2023		Purchases at Cost		Proceeds from Sales			Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 3/31/2024		Income		Capital Gains
SEI Liquidity Fund, LP	$	2,574	$	8,311	$	(10,455	)	$	1	$	(2	)	$	429	$	35	$	—
SEI Daily Income Trust, Government Fund, Institutional Class		23,146		117,684		(118,952	)		—		—			21,878		430		—
Totals	$	25,720	$	125,995	$	(129,407	)	$	1	$	(2	)	$	22,307	$	465	$	—

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

See “Glossary” for abbreviations.

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

24

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund

^†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS — 95.2%
Australia — 3.9%
Australia Government Bond
4.750%, 04/21/2027	AUD	220	$	148
4.500%, 04/21/2033		1,251		851
3.250%, 04/21/2029		2,918		1,869
3.000%, 03/21/2047		753		395
2.750%, 05/21/2041		2,271		1,211
2.500%, 05/21/2030		1,433		872
2.250%, 05/21/2028		3,481		2,154
1.750%, 06/21/2051		2,852		1,089
0.500%, 09/21/2026		2,364		1,430
Commonwealth Bank of Australia
3.768%, 08/31/2027	EUR	310		341
0.125%, 10/15/2029		270		248
Commonwealth Bank of Australia MTN
0.500%, 07/27/2026		410		415
Glencore Capital Finance DAC MTN
1.250%, 03/01/2033		331		287
National Australia Bank
0.010%, 01/06/2029		388		361
National Australia Bank MTN
0.875%, 02/19/2027		555		560
New South Wales Treasury
4.250%, 02/20/2036	AUD	771		478
3.500%, 11/20/2037		1,166		655
2.000%, 03/08/2033		1,010		538
South Australian Government Financing Authority
4.750%, 05/24/2038		1,002		634
Treasury Corp of Victoria
2.000%, 09/17/2035		1,105		539
Treasury Corp of Victoria MTN
2.000%, 11/20/2037		3,286		1,498

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Westpac Banking
1.079%, 04/05/2027	EUR	575	$	582
Westpac Banking MTN
3.106%, 11/23/2027		216		232
				17,387
Austria — 0.7%
Republic of Austria Government Bond (A)
4.150%, 03/15/2037		588		717
3.450%, 10/20/2030		735		829
2.900%, 02/20/2033		603		657
2.100%, 09/20/2117		122		101
1.500%, 02/20/2047		593		481
Republic of Austria Government Bond, Ser 97-6
6.250%, 07/15/2027		423		506
				3,291
Belgium — 1.5%
Ageas
1.875%, 11/24/2051 (B)		200		177
Anheuser-Busch InBev MTN
9.750%, 07/30/2024	GBP	250		320
KBC Group
4.250%, EUSA5 + 3.594% (B)(C)	EUR	200		206
KBC Group MTN
4.875%, EUSA5 + 2.250%, 04/25/2033 (B)		300		330
Kingdom of Belgium Government Bond
4.250%, 03/28/2041 (A)		30		37
3.750%, 06/22/2045		439		510
3.500%, 06/22/2055 (A)		353		390
3.450%, 06/22/2043 (A)		719		800
3.000%, 06/22/2034 (A)		608		666
2.850%, 10/22/2034 (A)		1,146		1,234
1.600%, 06/22/2047 (A)		41		32
0.900%, 06/22/2029 (A)		866		858
0.800%, 06/22/2025 (A)		532		558
0.800%, 06/22/2027 (A)		547		557
				6,675
Brazil — 0.1%
Braskem Netherlands Finance BV
4.500%, 01/10/2028	$	200		180
OEC Finance
9.572%cash/0% PIK, 12/26/2046		204		13
6.081%cash/0% PIK, 10/25/2029		122		7
Raizen Fuels Finance
6.450%, 03/05/2034 (A)		200		205
				405
Canada — 8.5%
407 International MTN
5.750%, 02/14/2036	CAD	464		364

SEI Institutional International Trust

25

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Bank of Montreal MTN
0.125%, 01/26/2027	EUR	906	$	896
Bank of Nova Scotia
0.010%, 01/14/2027		362		358
Bank of Nova Scotia MTN
0.010%, 12/15/2027		400		385
Bell Telephone of Canada or Bell Canada MTN
5.150%, 02/09/2053	CAD	175		126
3.000%, 03/17/2031		465		308
Canada Housing Trust No. 1
2.100%, 09/15/2029 (A)		1,225		833
Canadian Government Bond
3.500%, 08/01/2025		3,694		2,697
3.500%, 12/01/2045		1,482		1,111
3.250%, 09/01/2028		2,468		1,801
2.750%, 06/01/2033		323		226
2.500%, 12/01/2032		690		474
2.250%, 06/01/2029		2,923		2,043
2.000%, 06/01/2032		1,497		992
1.500%, 06/01/2026		2,408		1,688
Canadian Government Real Return Bond
4.000%, 12/01/2031		671		580
Canadian Pacific Railway
1.350%, 12/02/2024	$	805		783
Canadian When Issued Government Bond
3.500%, 09/01/2028	CAD	1,129		824
2.000%, 12/01/2051		1,835		1,024
CDP Financial
1.125%, 04/06/2027 (A)	EUR	1,062		1,083
CPPIB Capital MTN
0.250%, 04/06/2027		1,765		1,756
CU MTN
5.896%, 11/20/2034	CAD	586		475
Dollarama
5.533%, 09/26/2028		471		361
Enbridge MTN
3.950%, 11/19/2024		800		586
Enbridge Pipelines MTN
2.820%, 05/12/2031		400		261
Energir MTN
6.300%, 10/31/2033		381		314
Finning International
4.445%, 05/16/2028		488		358
Inter Pipeline
5.849%, 05/18/2032		320		239
Loblaw
5.008%, 09/13/2032		483		363
Metro
4.657%, 02/07/2033		490		360
OMERS Finance Trust (A)
5.500%, 11/15/2033	$	284		298

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
4.000%, 04/20/2028	$	250	$	243
3.500%, 04/19/2032		555		508
3.125%, 01/25/2029	EUR	250		270
Ontario Teachers' Finance Trust
2.000%, 04/16/2031 (A)	$	1,914		1,610
0.500%, 05/06/2025	EUR	1,066		1,113
Ontario Teachers' Finance Trust MTN
0.100%, 05/19/2028		772		738
Province of British Columbia Canada
2.950%, 12/18/2028	CAD	1,653		1,174
Province of Ontario Canada
4.700%, 06/02/2037		570		440
4.650%, 06/02/2041		540		414
2.900%, 12/02/2046		1,419		828
2.800%, 06/02/2048		1,540		876
Province of Ontario Canada MTN
0.375%, 04/08/2027	EUR	1,078		1,076
0.250%, 12/15/2026	GBP	512		577
Province of Quebec Canada
6.250%, 06/01/2032	CAD	720		611
3.500%, 12/01/2048		635		409
Province of Quebec Canada MTN
3.700%, 05/20/2026	AUD	568		365
Royal Bank of Canada MTN
0.010%, 10/05/2028	EUR	637		599
Saputo
5.250%, 11/29/2029	CAD	472		357
TELUS
5.250%, 11/15/2032		482		363
Toronto-Dominion Bank
5.103%, 01/09/2026	$	250		250
Toronto-Dominion Bank MTN
0.864%, 03/24/2027	EUR	877		884
TransCanada PipeLines
5.330%, 05/12/2032	CAD	241		182
				37,854
Cayman Islands — 0.0%
Odebrecht Holdco Finance Ltd
0.000%, 09/10/2058 (D)	$	311		–
Chile — 0.1%
AES Andes
6.300%, 03/15/2029 (A)		202		204
Corp Nacional del Cobre de Chile
5.950%, 01/08/2034 (A)		295		294
				498
China — 11.0%
Agricultural Development Bank of China
3.740%, 07/12/2029	CNY	8,500		1,252
China Development Bank
3.700%, 10/20/2030		9,430		1,401

26

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
3.660%, 03/01/2031	CNY	4,680	$	695
3.650%, 05/21/2029		18,120		2,655
3.480%, 01/08/2029		17,620		2,557
3.390%, 07/10/2027		16,630		2,378
3.230%, 01/10/2025		20		3
3.120%, 09/13/2031		9,540		1,373
2.820%, 05/22/2033		12,350		1,753
China Government Bond
3.810%, 09/14/2050		15,660		2,634
3.120%, 10/25/2052		40,330		6,129
2.850%, 06/04/2027		15,530		2,195
2.670%, 05/25/2033		20,530		2,901
2.600%, 09/15/2030		28,130		3,947
2.600%, 09/01/2032		18,060		2,531
2.400%, 07/15/2028		37,600		5,239
2.180%, 08/25/2025		26,340		3,656
2.180%, 08/15/2026		36,980		5,130
Export-Import Bank of China
3.180%, 03/11/2032		4,450		644
Prosus MTN
3.061%, 07/13/2031	$	213		174
				49,247
Colombia — 1.5%
Colombian TES
13.250%, 02/09/2033	COP	2,359,500		718
10.000%, 07/24/2024		1,500,700		388
9.250%, 05/28/2042		828,200		188
7.750%, 09/18/2030		6,033,100		1,420
7.500%, 08/26/2026		1,818,400		454
7.250%, 10/18/2034		4,221,200		887
7.000%, 03/26/2031		1,906,700		424
7.000%, 06/30/2032		3,692,000		797
6.250%, 07/09/2036		481,100		89
6.000%, 04/28/2028		2,966,000		681
5.750%, 11/03/2027		1,919,300		443
Ecopetrol
8.375%, 01/19/2036	$	34		34
Ecopetrol SA
8.625%, 01/19/2029		160		170
				6,693
Czech Republic — 0.2%
Czech Republic Government Bond
2.500%, 08/25/2028	CZK	9,760		396
2.000%, 10/13/2033		700		26
1.950%, 07/30/2037		3,220		108
1.200%, 03/13/2031		8,010		288
				818
Denmark — 0.3%
Danske Bank MTN
0.750%, 06/09/2029 (B)	EUR	180		172

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Denmark Government Bond
4.500%, 11/15/2039	DKK	2,485	$	452
Kommunekredit MTN
0.125%, 09/26/2040	EUR	275		187
Orsted MTN
3.625%, 03/01/2026		325		351
				1,162
Finland — 0.3%
Finland Government Bond (A)
3.000%, 09/15/2033		448		492
2.875%, 04/15/2029		329		359
0.125%, 04/15/2052		207		107
Nordea Kiinnitysluottopankki MTN
0.250%, 03/18/2026		200		204
				1,162
France — 6.1%
Agence Francaise de Developpement EPIC
3.500%, 02/25/2033		500		555
0.125%, 09/29/2031		600		521
Banque Federative du Credit Mutuel
3.875%, EUSA5 + 2.200%, 06/16/2032 (B)		300		320
BNP Paribas
5.176%, SOFRRATE + 1.520%, 01/09/2030 (A)(B)	$	390		390
BNP Paribas MTN
3.375%, 01/23/2026	GBP	248		304
2.500%, EUAMDB05 + 1.600%, 03/31/2032 (B)	EUR	300		307
BPCE
1.000%, 01/20/2026 (A)	$	950		881
BPCE MTN
2.000%, 06/05/2025	AUD	440		277
BPCE SFH
3.125%, 01/24/2028	EUR	400		433
0.625%, 09/22/2027		300		298
BPCE SFH MTN
0.375%, 01/21/2032		800		709
Caisse de Refinancement de l'Habitat MTN
0.125%, 04/30/2027		500		493
Caisse Francaise de Financement Local
1.125%, 06/12/2028		300		300
Caisse Francaise de Financement Local MTN
3.000%, 10/02/2028		500		540
Cie de Financement Foncier
0.010%, 11/10/2027		600		581
Cie de Financement Foncier MTN
5.500%, 01/26/2027	GBP	387		497
1.250%, 11/15/2032	EUR	900		845

SEI Institutional International Trust

27

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
CNP Assurances MTN
2.500%, 06/30/2051 (B)	EUR	200	$	191
Credit Agricole Assurances
4.750%, 09/27/2048 (B)		200		220
Credit Agricole Home Loan SFH MTN
3.375%, 09/04/2028		300		329
1.250%, 03/24/2031		300		289
0.875%, 08/31/2027		300		301
Credit Mutuel Home Loan SFH
0.750%, 09/15/2027		500		500
French Republic Government Bond OAT (A)
3.250%, 05/25/2055		1,555		1,657
3.000%, 06/25/2049		1,472		1,533
2.750%, 02/25/2029		719		780
2.500%, 09/24/2026		4,368		4,680
2.500%, 05/25/2030		155		166
1.750%, 06/25/2039		256		234
1.750%, 05/25/2066		227		168
0.750%, 05/25/2053		724		419
0.600%, 07/25/2034		971		1,053
0.500%, 05/25/2040		730		531
0.000%, 11/25/2029 (E)		528		493
Paprec Holding
7.250%, 11/17/2029 (A)		105		121
SNCF Reseau MTN
2.250%, 12/20/2047		300		252
2.000%, 02/05/2048		300		236
1.875%, 03/30/2034		1,700		1,628
1.125%, 05/19/2027		300		305
1.125%, 05/25/2030		700		675
Societe Generale SFH MTN
0.125%, 02/02/2029		500		471
Societe Nationale SNCF
1.000%, 05/25/2040		700		522
Suez MTN
5.000%, 11/03/2032		300		354
TotalEnergies MTN
1.625% (B)(C)		170		166
TotalEnergies Capital International MTN
2.500%, 03/25/2026		400		425
Westfield America Management
2.625%, 03/30/2029	GBP	155		171
2.125%, 03/30/2025		210		256
				27,377
Germany — 3.6%
Bayer MTN
4.625%, 05/26/2033	EUR	255		284
Bundesobligation
2.400%, 10/19/2028		4,017		4,347
0.000%, 10/09/2026 (E)		1,714		1,734

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Bundesrepublik Deutschland Bundesanleihe
2.300%, 02/15/2033	EUR	520	$	564
1.800%, 08/15/2053		511		477
1.000%, 05/15/2038		2,686		2,405
Deutsche Bank
5.000%, EUR003M + 2.950%, 09/05/2030 (B)		300		336
Fresenius & KGaA MTN
5.000%, 11/28/2029		200		228
Gruenenthal GmbH
3.625%, 11/15/2026		165		174
Heidelberg Materials Finance Luxembourg MTN
4.875%, 11/21/2033		249		290
Kreditanstalt fuer Wiederaufbau
2.600%, 06/20/2037	JPY	241,000		1,940
Kreditanstalt fuer Wiederaufbau MTN
0.875%, 09/15/2026	GBP	1,350		1,568
Landwirtschaftliche Rentenbank MTN
0.000%, 12/13/2028 (E)	EUR	585		557
Mercedes-Benz Finance North America
5.375%, 11/26/2025 (A)	$	290		291
Siemens Financieringsmaatschappij
1.200%, 03/11/2026 (A)		775		722
Volkswagen International Finance
3.875% (B)(C)	EUR	200		200
				16,117
Greece — 0.2%
Hellenic Republic Government Bond
3.375%, 06/15/2034 (A)		650		702
Hungary — 0.1%
Hungary Government Bond
4.750%, 11/24/2032	HUF	149,280		357
3.000%, 10/27/2038		63,560		115
Hungary Government International Bond
0.125%, 09/21/2028	EUR	135		123
				595
India — 0.1%
Periama Holdings
5.950%, 04/19/2026	$	200		197
UPL
4.625%, 06/16/2030		200		160
				357
Indonesia — 1.7%
Indonesia Government International Bond
1.000%, 07/28/2029	EUR	260		244
Indonesia Treasury Bond
8.750%, 05/15/2031	IDR	7,551,000		531
8.375%, 03/15/2034		33,466,000		2,360

28

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
7.500%, 06/15/2035	IDR	2,305,000	$	153
7.375%, 05/15/2048		13,671,000		904
7.000%, 09/15/2030		12,571,000		808
6.500%, 06/15/2025		2,225,000		141
6.500%, 02/15/2031		17,926,000		1,120
6.375%, 08/15/2028		18,269,000		1,144
5.500%, 04/15/2026		5,153,000		320
				7,725
Ireland — 0.3%
AIB Group MTN
2.250%, EUSA1 + 1.300%, 04/04/2028 (B)	EUR	266		275
Bank of Ireland Group MTN
4.625%, EUAMDB01 + 1.550%, 11/13/2029 (B)		205		228
Ireland Government Bond
1.500%, 05/15/2050		250		196
1.300%, 05/15/2033		246		237
0.200%, 10/18/2030		690		640
				1,576
Israel — 0.0%
Israel Government Bond - Fixed
1.000%, 03/31/2030	ILS	593		135
Italy — 5.3%
Enel
2.250% (B)(C)	EUR	322		324
Enel Finance International MTN
1.125%, 10/17/2034		225		191
Genertel
4.250%, 12/14/2047 (B)		200		215
Intesa Sanpaolo MTN
4.875%, 05/19/2030		275		316
Italy Buoni Poliennali Del Tesoro
5.000%, 09/01/2040 (A)		1,117		1,348
4.500%, 10/01/2053 (A)		1,496		1,703
4.150%, 10/01/2039 (A)		1,793		1,969
3.850%, 09/15/2026		2,167		2,377
3.800%, 08/01/2028		4,515		5,001
3.500%, 03/01/2030 (A)		552		604
3.500%, 02/15/2031 (A)		693		754
3.400%, 03/28/2025		2,682		2,893
2.500%, 12/01/2032		372		373
2.450%, 09/01/2033 (A)		2,983		2,942
2.000%, 02/01/2028		1,018		1,056
1.450%, 03/01/2036 (A)		555		467
0.950%, 06/01/2032		1,222		1,089
UniCredit
3.127%, H15T1Y + 1.550%, 06/03/2032 (A)(B)	$	305		258
				23,880

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Japan — 15.8%
Development Bank of Japan
2.300%, 03/19/2026	JPY	180,000	$	1,235
Development Bank of Japan MTN
0.875%, 10/10/2025	EUR	1,145		1,190
Japan Finance Organization for Municipalities MTN
0.050%, 02/12/2027		720		712
Japan Government Five Year Bond
0.400%, 09/20/2028	JPY	301,750		2,000
Japan Government Forty Year Bond
1.000%, 03/20/2062		229,500		1,166
0.400%, 03/20/2056		249,300		1,102
Japan Government Ten Year Bond
0.100%, 12/20/2026		1,432,700		9,442
0.100%, 09/20/2027		480,500		3,161
0.100%, 12/20/2031		1,196,900		7,652
Japan Government Thirty Year Bond
2.300%, 03/20/2040		763,850		5,847
1.600%, 12/20/2053		14,400		92
0.800%, 09/20/2047		370,100		2,074
0.400%, 12/20/2049		695,050		3,400
Japan Government Thirty Year Bond, Ser 29
2.400%, 09/20/2038		50,650		393
Japan Government Thirty Year Bond, Ser 30
2.300%, 03/20/2039		164,800		1,264
Japan Government Thirty Year Bond, Ser 33
2.000%, 09/20/2040		320,300		2,352
Japan Government Thirty Year Bond, Ser 36
2.000%, 03/20/2042		303,200		2,211
Japan Government Twenty Year Bond
1.800%, 09/20/2031		332,300		2,403
1.700%, 06/20/2033		647,200		4,678
1.400%, 09/20/2034		520,850		3,661
0.900%, 06/20/2042		422,250		2,584
0.500%, 09/20/2036		275,100		1,727
0.200%, 06/20/2036		89,650		544
Japan Government Twenty Year Bond, Ser 144
1.500%, 03/20/2033		8,300		59
Japan Government Two Year Bond
0.005%, 06/01/2025		349,250		2,306
Japan Treasury Discount Bill
0.000%, 04/08/2024 (D)		635,100		4,196
0.000%, 06/24/2024 (D)		324,750		2,146
Mizuho Financial Group
0.470%, 09/06/2029 (B)	EUR	259		244
Nissan Motor
2.652%, 03/17/2026		165		174
NTT Finance
1.162%, 04/03/2026 (A)	$	345		319
				70,334

SEI Institutional International Trust

29

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Luxembourg — 0.1%
JAB Holdings BV
4.750%, 06/29/2032	EUR	300	$	344
Vivion Investments Sarl
3.000%, 08/08/2024		200		210
				554
Malaysia — 1.5%
Malaysia Government Bond
4.642%, 11/07/2033	MYR	242		54
4.457%, 03/31/2053		182		40
4.392%, 04/15/2026		2,816		607
4.232%, 06/30/2031		2,826		614
4.065%, 06/15/2050		908		188
3.955%, 09/15/2025		3,054		651
3.906%, 07/15/2026		2,953		630
3.885%, 08/15/2029		2,790		596
3.828%, 07/05/2034		3,332		701
3.757%, 05/22/2040		1,767		363
3.733%, 06/15/2028		2,316		492
3.519%, 04/20/2028		1,879		396
3.502%, 05/31/2027		4,667		986
2.632%, 04/15/2031		1,040		204
				6,522
Mexico — 3.3%
Mexican Bonos
8.500%, 11/18/2038	MXN	2,948		165
8.000%, 11/07/2047		29,670		1,539
8.000%, 07/31/2053		21,491		1,107
7.750%, 05/29/2031		22,523		1,248
7.750%, 11/23/2034		29,180		1,573
7.750%, 11/13/2042		41,943		2,146
7.500%, 06/03/2027		23,625		1,345
7.500%, 05/26/2033		21,640		1,161
5.750%, 03/05/2026		13,022		725
5.500%, 03/04/2027		6,143		332
Mexican Bonos, Ser M20
7.750%, 05/29/2031		1,504		83
Mexican Bonos, Ser M30
10.000%, 11/20/2036		43,127		2,739
Mexico Government International Bond
2.875%, 04/08/2039	EUR	280		244
Petroleos Mexicanos
6.700%, 02/16/2032	$	57		47
6.500%, 03/13/2027		130		123
				14,577
Netherlands — 2.2%
ABN AMRO Bank
4.375% (B)(C)	EUR	200		209
ASR Nederland
3.375%, 05/02/2049 (B)		255		259

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
BNG Bank MTN
3.300%, 07/17/2028	AUD	459	$	288
0.000%, 01/20/2031 (E)	EUR	900		803
Cooperatieve Rabobank UA
4.375% (B)(C)		200		206
Cooperatieve Rabobank UA MTN
4.625%, 05/23/2029	GBP	290		352
4.625%, EUR003M + 1.550%, 01/27/2028 (B)	EUR	200		222
1.250%, 05/31/2032		300		286
Heineken MTN
1.000%, 05/04/2026		335		345
ING Groep
6.500%, USSW5 + 4.446% (B)(C)	$	200		197
3.869%, SOFRRATE + 1.640%, 03/28/2026 (B)		505		496
ING Groep MTN
2.125%, 05/26/2031 (B)	EUR	300		311
Nederlandse Waterschapsbank MTN
1.250%, 05/27/2036		281		250
0.625%, 01/18/2027		225		228
0.000%, 11/16/2026 (E)		1,067		1,069
Netherlands Government Bond (A)
4.000%, 01/15/2037		236		292
2.500%, 01/15/2030		1,217		1,314
2.500%, 01/15/2033		924		996
2.500%, 07/15/2033		245		263
0.240%, 01/15/2038		1,262		944
0.118%, 01/15/2052		565		301
				9,631
New Zealand — 1.6%
New Zealand Government Bond
4.500%, 04/15/2027	NZD	2,056		1,232
4.500%, 05/15/2030		212		127
4.250%, 05/15/2034		647		376
3.000%, 04/20/2029		1,060		595
2.750%, 04/15/2025		461		269
2.750%, 04/15/2037		260		125
2.750%, 05/15/2051		2,245		914
2.500%, 09/20/2040		839		611
1.750%, 05/15/2041		231		88
1.500%, 05/15/2031		191		94
0.250%, 05/15/2028		1,447		732
New Zealand Government Inflation Linked Bond
2.500%, 09/20/2035		2,214		1,677
New Zealand Local Government Funding Agency Bond
4.500%, 04/15/2027		803		475
				7,315

30

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Norway — 1.1%
Norway Government Bond (A)
3.000%, 08/15/2033	NOK	2,803	$	246
2.125%, 05/18/2032		5,410		448
2.000%, 04/26/2028		2,624		228
1.750%, 02/17/2027		10,730		938
1.750%, 09/06/2029		6,784		572
1.500%, 02/19/2026		3,128		276
1.375%, 08/19/2030		9,861		799
1.250%, 09/17/2031		15,646		1,227
				4,734
Panama — 0.1%
Panama Government International Bond
6.875%, 01/31/2036	$	285		278
Peru — 0.1%
Credicorp Capital Sociedad Titulizadora
10.100%, 12/15/2043 (A)	PEN	500		136
Hunt Oil of Peru Sucursal Del Peru
8.550%, 09/18/2033	$	200		214
				350
Poland — 0.2%
Republic of Poland Government Bond
6.000%, 10/25/2033	PLN	1,857		484
5.750%, 04/25/2029		344		88
3.750%, 05/25/2027		1,056		254
2.500%, 07/25/2026		543		129
1.750%, 04/25/2032		719		138
				1,093
Portugal — 0.3%
EDP - Energias de Portugal
1.875%, 08/02/2081 (B)	EUR	200		203
Portugal Obrigacoes do Tesouro OT (A)
2.875%, 10/20/2034		408		435
1.950%, 06/15/2029		746		781
1.000%, 04/12/2052		200		122
				1,541
Romania — 0.3%
Romania Government Bond
8.250%, 09/29/2032	RON	435		104
7.900%, 02/24/2038		115		28
6.700%, 02/25/2032		945		207
4.850%, 07/25/2029		665		135
4.750%, 10/11/2034		430		81
3.650%, 07/28/2025		1,540		325
Romanian Government International Bond MTN
3.875%, 10/29/2035	EUR	315		293
				1,173

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Singapore — 1.6%
Singapore Government Bond
3.500%, 03/01/2027	SGD	1,821	$	1,360
3.375%, 09/01/2033		472		357
2.875%, 09/01/2030		347		254
2.750%, 04/01/2042		301		214
2.750%, 03/01/2046		142		100
2.375%, 06/01/2025		3,804		2,779
2.250%, 08/01/2036		1,275		864
2.125%, 06/01/2026		1,547		1,117
1.875%, 10/01/2051		161		94
				7,139
Slovak Republic — 0.1%
Slovakia Government Bond
4.000%, 10/19/2032	EUR	389		438
Slovenia — 0.1%
Slovenia Government Bond
1.250%, 03/22/2027		556		573
South Africa — 0.1%
Anglo American Capital MTN
5.000%, 03/15/2031		260		298
Bidvest Group UK PLC
3.625%, 09/23/2026 (A)	$	230		214
				512
South Korea — 1.8%
Export-Import Bank of Korea
0.829%, 04/27/2025	EUR	399		417
Korea Housing Finance
3.714%, 04/11/2027		440		480
0.010%, 06/29/2026 (A)		150		151
Korea Treasury Bond
3.375%, 06/10/2032	KRW	944,670		701
3.125%, 09/10/2027		1,609,520		1,188
2.625%, 09/10/2035		700,180		482
2.000%, 06/10/2031		2,185,590		1,483
1.875%, 06/10/2029		450,460		311
1.500%, 12/10/2026		738,360		523
1.500%, 12/10/2030		1,796,420		1,187
1.250%, 03/10/2026		101,780		73
1.125%, 09/10/2025		1,241,620		893
				7,889
Spain — 3.9%
Banco Bilbao Vizcaya Argentaria MTN
8.250%, GUKG5 + 3.600%, 11/30/2033 (B)	GBP	100		136
Banco de Sabadell
1.000%, 04/26/2027	EUR	300		303
Banco Santander
0.250%, 07/10/2029		400		372

SEI Institutional International Trust

31

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Banco Santander MTN
5.750%, EUSA5 + 2.850%, 08/23/2033 (B)	EUR	200	$	227
CaixaBank
3.500%, GUKG1 + 2.100%, 04/06/2028 (B)	GBP	200		240
1.250%, 01/11/2027	EUR	300		306
Grifols Escrow Issuer SA
3.875%, 10/15/2028 (A)		100		85
Spain Government Bond
6.000%, 01/31/2029		80		99
4.700%, 07/30/2041 (A)		670		833
3.500%, 05/31/2029		2,923		3,256
3.450%, 07/30/2043 (A)		1,109		1,169
3.250%, 04/30/2034 (A)		2,132		2,321
2.800%, 05/31/2026		3,755		4,035
2.350%, 07/30/2033 (A)		438		446
1.950%, 07/30/2030 (A)		157		161
1.900%, 10/31/2052 (A)		827		611
1.850%, 07/30/2035 (A)		504		474
1.400%, 04/30/2028 (A)		1,537		1,570
0.600%, 10/31/2029 (A)		597		571
0.500%, 04/30/2030 (A)		353		332
				17,547
Supranational — 0.2%
European Investment Bank
4.125%, 02/13/2034	$	498		490
Inter-American Development Bank MTN
7.350%, 10/06/2030	INR	25,000		305
International Bank for Reconstruction & Development MTN
6.750%, 07/13/2029		22,000		261
				1,056
Supra-National — 2.0%
Asian Development Bank MTN
2.350%, 06/21/2027	JPY	410,000		2,895
European Financial Stability Facility
3.000%, 12/15/2028	EUR	1,098		1,199
European Financial Stability Facility MTN
1.800%, 07/10/2048		405		343
European Investment Bank
2.875%, 01/12/2033		1,015		1,107
1.900%, 01/26/2026	JPY	50,000		341
European Investment Bank MTN
0.500%, 11/13/2037	EUR	945		748
European Union
3.250%, 07/04/2034		1,073		1,197
European Union MTN
3.750%, 04/04/2042		872		1,024
				8,854

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Sweden — 0.6%
Heimstaden Bostad Treasury BV MTN
0.625%, 07/24/2025	EUR	220	$	219
0.250%, 10/13/2024		135		140
Skandinaviska Enskilda Banken MTN
3.000%, 12/06/2027	SEK	6,000		558
Stadshypotek MTN
2.500%, 12/01/2027		6,000		548
Swedbank
5.625%, H15T5Y + 4.134% (B)(C)	$	200		199
Sweden Government Bond
1.750%, 11/11/2033	SEK	3,645		323
Sweden Inflation Linked Bond
0.125%, 06/01/2026		455		54
0.125%, 12/01/2027		3,393		396
Sweden Inflation Linked Bond, Ser 3104
3.500%, 12/01/2028		225		37
				2,474
Switzerland — 0.5%
Government of Switzerland
3.500%, 04/08/2033	CHF	214		296
1.500%, 04/30/2042		408		518
1.250%, 06/11/2024		739		820
UBS Group
9.250%, H15T5Y + 4.745% (A)(B)(C)	$	237		257
7.750%, EUAMDB01 + 4.950%, 03/01/2029 (B)	EUR	200		246
UBS Group MTN
4.625%, EUAMDB01 + 1.150%, 03/17/2028 (B)		265		293
				2,430
Thailand — 0.5%
Thailand Government Bond
4.675%, 06/29/2044	THB	2,840		96
4.000%, 06/17/2055		5,339		167
3.350%, 06/17/2033		11,716		342
3.300%, 06/17/2038		3,522		103
1.875%, 06/17/2049		8,576		181
1.600%, 12/17/2029		13,527		357
0.950%, 06/17/2025		32,540		879
				2,125
United Kingdom — 5.2%
Annington Funding MTN
3.184%, 07/12/2029	GBP	255		289
Barclays
6.375%, GUKG5 + 6.016% (B)(C)		210		255
Barclays MTN
5.262%, EUSA1 + 2.550%, 01/29/2034 (B)	EUR	250		291
BAT International Finance MTN
2.250%, 09/09/2052	GBP	100		56

32

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
BG Energy Capital MTN
5.125%, 12/01/2025	GBP	215	$	272
2.250%, 11/21/2029	EUR	400		408
BP Capital Markets (C)
3.625% (B)		151		156
3.250% (B)		177		186
Cadent Finance MTN
2.625%, 09/22/2038	GBP	100		90
0.750%, 03/11/2032	EUR	355		310
CCEP Finance Ireland DAC
0.500%, 09/06/2029		335		312
Centrica MTN
4.375%, 03/13/2029	GBP	179		221
CK Hutchison Europe Finance 21
0.750%, 11/02/2029	EUR	375		345
CK Hutchison Finance 16 II
0.875%, 10/03/2024		212		225
CK Hutchison Group Telecom Finance
2.625%, 10/17/2034	GBP	260		240
1.500%, 10/17/2031	EUR	330		305
CNH Industrial Finance Europe MTN
1.750%, 09/12/2025		130		137
CPUK Finance MTN
3.690%, 08/28/2028	GBP	100		117
3.588%, 08/28/2025		215		264
Heathrow Funding MTN
4.500%, 07/11/2033	EUR	275		313
HSBC Holdings
6.364%, EUSA5 + 3.300%, 11/16/2032 (B)		249		287
3.000%, BPSW1 + 1.650%, 07/22/2028 (B)	GBP	167		197
HSBC Holdings MTN
6.000%, 03/29/2040		70		88
Lloyds Banking Group
7.500%, USISDA05 + 4.496% (B)(C)	$	200		199
National Gas Transmission MTN
1.125%, 01/14/2033	GBP	430		389
National Grid MTN
4.275%, 01/16/2035	EUR	370		411
National Grid Electricity Distribution West Midlands MTN
3.875%, 10/17/2024	GBP	230		288
Nationwide Building Society MTN
0.625%, 03/25/2027	EUR	345		346
Natwest Group
3.622%, GUKG5 + 3.550%, 08/14/2030 (B)	GBP	410		503
Santander UK MTN
0.050%, 01/12/2027	EUR	546		540
Santander UK Group Holdings MTN
0.603%, 09/13/2029 (B)		135		127

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Sky MTN
2.250%, 11/17/2025	EUR	275	$	291
Standard Chartered
7.089%, US0003M + 1.510%, 07/30/2172 (A)(B)(C)	$	200		191
0.800%, 11/17/2029 (B)	EUR	325		308
United Kingdom Gilt
4.500%, 06/07/2028	GBP	1,622		2,094
4.500%, 12/07/2042		135		173
4.250%, 06/07/2032		563		734
4.250%, 12/07/2040		24		30
4.250%, 12/07/2049		393		484
4.000%, 10/22/2063		1,036		1,222
3.750%, 01/29/2038		593		716
3.750%, 10/22/2053		2,224		2,506
3.500%, 01/22/2045		2,121		2,354
3.250%, 01/22/2044		26		28
1.500%, 07/31/2053		661		440
1.250%, 07/31/2051		3,545		2,261
United Kingdom Inflation-Linked Gilt
0.750%, 11/22/2033		355		469
Virgin Money UK MTN
3.125%, SONIO/N + 2.569%, 06/22/2025 (B)		191		240
Vodafone Group MTN
4.200%, 12/13/2027	AUD	780		495
				23,203
United States — 6.5%
Air Lease
5.400%, 06/01/2028	CAD	135		102
Aircastle
4.125%, 05/01/2024	$	22		22
Altria Group
3.125%, 06/15/2031	EUR	500		504
American Honda Finance
3.750%, 10/25/2027		415		454
American Medical Systems Europe BV
1.375%, 03/08/2028		250		251
American Tower
1.300%, 09/15/2025	$	535		504
0.875%, 05/21/2029	EUR	420		395
Amgen
5.150%, 03/02/2028	$	205		206
AT&T
3.950%, 04/30/2031	EUR	108		120
3.550%, 12/17/2032		106		115
1.650%, 02/01/2028	$	870		771
AutoZone
6.250%, 11/01/2028		35		37
Bank of America MTN
3.384%, SOFRRATE + 1.330%, 04/02/2026 (B)		700		685

SEI Institutional International Trust

33

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
2.375%, 06/19/2024	EUR	425	$	457
0.580%, 08/08/2029 (B)		240		229
Becton Dickinson Euro Finance Sarl
0.334%, 08/13/2028		280		266
Berkshire Hathaway
0.500%, 01/15/2041		170		118
Booking Holdings
4.500%, 11/15/2031		123		142
3.500%, 03/01/2029		191		208
0.500%, 03/08/2028		110		107
Capital One Financial
1.650%, 06/12/2029		570		546
Cargill
3.875%, 04/24/2030		325		361
Carrier Global
5.800%, 11/30/2025	$	465		468
CCO Holdings
4.500%, 06/01/2033 (A)		127		99
Chubb INA Holdings
1.550%, 03/15/2028	EUR	325		328
0.875%, 06/15/2027		115		115
Cisco Systems
4.800%, 02/26/2027	$	290		290
Citigroup
4.000%, H15T5Y + 3.597% (B)(C)		71		68
Columbia Pipelines Holding
6.055%, 08/15/2026 (A)		120		121
Comcast
0.250%, 05/20/2027	EUR	190		187
0.000%, 09/14/2026 (E)		550		547
Corebridge Financial
3.500%, 04/04/2025	$	330		323
Delta Airlines
4.500%, 10/20/2025 (A)		137		135
Digital Dutch Finco BV
0.625%, 07/15/2025	EUR	136		141
Digital Intrepid Holding BV
0.625%, 07/15/2031		410		346
Discovery Communications
3.900%, 11/15/2024	$	665		657
Eli Lilly
5.000%, 02/27/2026		590		589
Exxon Mobil
0.835%, 06/26/2032	EUR	600		531
Fiserv
4.500%, 05/24/2031		218		246
1.625%, 07/01/2030		258		247
Ford Credit Canada
6.382%, 11/10/2028	CAD	126		97
Ford Motor Credit
6.125%, 05/15/2028	EUR	205		239

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
GE Capital UK Funding Unlimited MTN
5.875%, 01/18/2033	GBP	160	$	213
GE HealthCare Technologies
5.550%, 11/15/2024	$	435		434
General Motors Financial MTN
3.900%, 01/12/2028	EUR	315		343
Global Payments
4.875%, 03/17/2031		359		408
Goldman Sachs Group MTN
1.250%, 02/07/2029		639		625
Honeywell International
4.125%, 11/02/2034		620		706
Hyundai Capital America
5.250%, 01/08/2027 (A)	$	174		174
Intel
4.875%, 02/10/2026		250		249
International Business Machines
3.625%, 02/06/2031	EUR	275		303
0.300%, 02/11/2028		240		233
John Deere Capital MTN
4.750%, 06/08/2026	$	230		229
JPMorgan Chase
6.070%, SOFRRATE + 1.330%, 10/22/2027 (B)		230		235
JPMorgan Chase MTN
1.963%, EUR003M + 1.130%, 03/23/2030 (B)	EUR	255		257
Kyndryl Holdings
2.050%, 10/15/2026	$	455		417
McKesson
3.125%, 02/17/2029	GBP	315		372
Medtronic Global Holdings SCA
1.125%, 03/07/2027	EUR	400		406
0.250%, 07/02/2025		115		119
Mileage Plus Holdings LLC
6.500%, 06/20/2027 (A)	$	228		229
Morgan Stanley
4.813%, EUR003M + 1.762%, 10/25/2028 (B)	EUR	435		489
3.790%, EUR003M + 1.037%, 03/21/2030 (B)		136		148
0.406%, 10/29/2027 (B)		370		369
National Grid North America MTN
1.000%, 07/12/2024		300		321
Pfizer Investment Enterprises Pte
4.450%, 05/19/2026	$	340		336
Philip Morris International
1.450%, 08/01/2039	EUR	115		86
0.625%, 11/08/2024		285		302
Philip Morris International MTN
2.875%, 03/03/2026		170		182

34

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Principal Life Global Funding II
1.250%, 06/23/2025 (A)	$	315	$	300
Prologis Euro Finance
0.375%, 02/06/2028	EUR	286		275
Realty Income
1.125%, 07/13/2027	GBP	285		318
Sabra Health Care LP
3.900%, 10/15/2029	$	121		109
Santander Holdings USA
6.174%, SOFRRATE + 2.500%, 01/09/2030 (B)		206		208
Southern
5.500%, 03/15/2029		320		326
1.875%, 09/15/2081 (B)	EUR	200		189
State Street
5.272%, 08/03/2026	$	225		226
Tapestry
5.875%, 11/27/2031	EUR	204		235
Thermo Fisher Scientific Finance I BV
0.000%, 11/18/2025 (E)		206		211
Time Warner Cable
5.750%, 06/02/2031	GBP	295		361
Toyota Motor Credit MTN
4.050%, 09/13/2029	EUR	400		447
0.625%, 11/21/2024		465		492
TWDC Enterprises 18
2.758%, 10/07/2024	CAD	800		584
UnitedHealth Group
1.250%, 01/15/2026	$	175		164
Veralto
5.500%, 09/18/2026 (A)		335		336
Verizon Communications
4.250%, 10/31/2030	EUR	310		351
2.100%, 03/22/2028	$	445		400
1.125%, 11/03/2028	GBP	240		261
Verizon Communications MTN
4.050%, 02/17/2025	AUD	680		441
VF
0.250%, 02/25/2028	EUR	395		361
Visa
2.000%, 06/15/2029		362		373
Wells Fargo (C)
7.625%, H15T5Y + 3.606% (B)	$	3		3
3.900%, H15T5Y + 3.453% (B)		91		87
Wells Fargo MTN
1.741%, 05/04/2030 (B)	EUR	110		108
0.625%, 03/25/2030		270		245
0.500%, 04/26/2024		500		539
Western Digital
2.850%, 02/01/2029	$	32		28

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
WPC Eurobond BV
1.350%, 04/15/2028	EUR	380	$	370
				28,907
Total Global Bonds
(Cost $453,070) ($ Thousands)				424,905
U.S. TREASURY OBLIGATIONS — 1.7%
U.S. Treasury Bill
5.272%, 06/13/2024 (F)	$	5,531		5,473
U.S. Treasury Inflation Indexed Bonds
1.750%, 01/15/2034		497		490
1.375%, 07/15/2033		1,176		1,129
U.S. Treasury Note
2.000%, 08/15/2051		1,091		676
Total U.S. Treasury Obligations
(Cost $7,776) ($ Thousands)				7,768
MORTGAGE-BACKED SECURITIES — 0.7%
Agency Mortgage-Backed Obligation — 0.5%
FNMA TBA
6.000%, 04/01/2032 to 05/01/2032		1,267		1,278
5.000%, 04/30/2037		910		888
				2,166
Non-Agency Mortgage-Backed Obligation — 0.2%
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A
5.880%, 09/25/2034(B)		6		5
DTP Commercial Mortgage Trust, Ser 2023-STE2, Cl A
5.649%, 01/15/2041(A)(B)		106		106
Great Wolf Trust, Ser 2024-WOLF, Cl A
6.842%, TSFR1M + 1.542%, 03/15/2039(A)(B)		281		282
JP Morgan Mortgage Trust, Ser 2004-A5, Cl 3A1
4.931%, 12/25/2034(B)		17		16
LSTAR Commercial Mortgage Trust, Ser 2016-4, Cl A2
2.579%, 03/10/2049(A)		28		28
NJ Trust, Ser 2023-GSP, Cl A
6.481%, 01/06/2029(A)(B)		113		118

SEI Institutional International Trust

35

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
NRTH Mortgage Trust, Ser 2024-PARK, Cl A
6.941%, TSFR1M + 1.641%, 03/15/2041(A)(B)	$	308	$	309
				864
Total Mortgage-Backed Securities
(Cost $3,020) ($ Thousands)				3,030
COMMERCIAL PAPER — 0.6%
Commercial Paper — 0.6%
Parker Hannifin Corp
5.350%, 04/25/2024 (F)		1,000		996
Penske Truck Leasing
5.248%, 04/18/2024 (F)		1,500		1,495
				2,491
Total Commercial Paper
(Cost $2,493) ($ Thousands)				2,491

Description	Face Amount (Thousands)		Market Value ($ Thousands)
ASSET-BACKED SECURITIES — 0.3%
Other Asset-Backed Securities — 0.3%
AGL CLO Ltd, Ser 2021-12A, Cl A1
6.739%, TSFR3M + 1.422%, 07/20/2034 (A)(B)	$	250	$	250
Allegro CLO XI, Ser 2024-2A, Cl BR
0.000%, 01/19/2033 (A)(B)(E)		286		286
Elmwood CLO XII, Ser 2021-5A, Cl D
8.629%, TSFR3M + 3.312%, 01/20/2035 (A)(B)		750		742
Total Asset-Backed Securities
(Cost $1,286) ($ Thousands)				1,278
Total Investments in Securities — 98.5%
(Cost $467,645) ($ Thousands)			$	439,472

A list of the open futures contracts held by the Fund at March 31, 2024, is as follows:

Type of Contract	Number of Contracts			Expiration Date		Notional Amount (Thousands)			Value (Thousands)			Unrealized Appreciation (Depreciation)(Thousands)
Long Contracts
Canadian 5-Year Bond		41			Jun-2024	$	3,373		$	3,378		$	12
Canadian 10-Year Bond		10			Jun-2024		892			889			(2	)
Euro-Bobl		16			Jun-2024		2,046			2,043			6
Euro-BTP		6			Jun-2024		765			772			11
Euro-Bund		56			Jun-2024		8,100			8,067			14
Euro-Buxl		1			Jun-2024		144			146			3
Euro-OAT		35			Jun-2024		4,845			4,845			17
Euro-Schatz		12			Jun-2024		1,378			1,370			–
Korea 10-Year Bond		67			Jun-2024		5,698			5,652			18
Korea 3-Year Bond		62			Jun-2024		4,885			4,829			1
Long Gilt 10-Year Bond		44			Jun-2024		5,535			5,556			46
U.S. 2-Year Treasury Note		18			Jun-2024		3,684			3,681			(3	)
U.S. 5-Year Treasury Note		6			Jun-2024		640			642			2
U.S. 10-Year Treasury Note		41			Jun-2024		4,524			4,542			18
U.S. Long Treasury Bond		24			Jun-2024		2,847			2,890			43
							49,356			49,302			186
Short Contracts
Australian 10-Year Bond		(26	)		Jun-2024	$	(1,969	)	$	(1,978	)	$	(17	)
Australian 10-Year Bond		(20	)		Jun-2024		(1,542	)		(1,521	)		2
Australian 3-Year Bond		(6	)		Jun-2024		(423	)		(418	)		–
Canadian 5-Year Bond		(20	)		Jun-2024		(1,649	)		(1,648	)		(1	)
Canadian 10-Year Bond		(16	)		Jun-2024		(1,417	)		(1,423	)		(9	)
Euro-BTP		(17	)		Jun-2024		(2,167	)		(2,185	)		(31	)
Euro-Buxl		(6	)		Jun-2024		(884	)		(879	)		(1	)
Euro-OAT		(10	)		Jun-2024		(1,396	)		(1,384	)		3
Japanese 10-Year Bond		(5	)		Jun-2024		(4,876	)		(4,820	)		(6	)
Japanese 10-Year Government Bond E-MINI		(3	)		Jun-2024		(295	)		(289	)		–

36

SEI Institutional International Trust

Type of Contract	Number of Contracts			Expiration Date		Notional Amount (Thousands)			Value (Thousands)			Unrealized Appreciation (Depreciation)(Thousands)
U.S. 2-Year Treasury Note		(16	)		Jun-2024	$	(3,274	)	$	(3,272	)	$	2
U.S. 5-Year Treasury Note		(16	)		Jun-2024		(1,722	)		(1,712	)		10
U.S. Ultra Long Treasury Bond		(40	)		Jun-2024		(5,118	)		(5,161	)		(43	)
Ultra 10-Year U.S. Treasury Note		(62	)		Jun-2024		(7,083	)		(7,105	)		(22	)
							(33,815	)		(33,795	)		(113	)
						$	15,541		$	15,507		$	73

A list of the open forward foreign currency contracts held by the Fund at March 31, 2024, is as follows:

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Bank of America		04/03/24		USD	109		CZK	2,540	$	(1	)
Bank of America		04/03/24		CAD	150		USD	110		—
Bank of America		04/03/24		RON	328		USD	71		—
Bank of America		04/03/24		USD	109		ZAR	2,060		—
Bank of America		04/03/24		USD	277		ZAR	5,130		(6	)
Bank of America		04/03/24		MXN	2,220		USD	130		(3	)
Bank of America		04/03/24		GBP	9,615		USD	12,159		13
Bank of America		04/03/24		JPY	29,300		USD	200		6
Bank of America		04/10/24		CNY	1,558		USD	232		15
Bank of America		05/08/24		RON	328		USD	71		—
Barclays PLC		04/03/24		NZD	90		USD	54		—
Barclays PLC		04/03/24		USD	117		ILS	415		(3	)
Barclays PLC		04/03/24		SGD	145		USD	109		2
Barclays PLC		04/03/24		USD	169		CHF	150		(2	)
Barclays PLC		04/03/24		CHF	230		USD	263		8
Barclays PLC		04/03/24		USD	241		SEK	2,540		(3	)
Barclays PLC		04/03/24		USD	289		NZD	475		(5	)
Barclays PLC		04/03/24		GBP	292		USD	375		6
Barclays PLC		04/03/24		GBP	43		USD	54		—
Barclays PLC		04/03/24		USD	350		GBP	275		(3	)
Barclays PLC		04/03/24		USD	356		PLN	1,420		1
Barclays PLC		04/03/24		USD	336		PLN	1,325		(4	)
Barclays PLC		04/03/24		CAD	595		USD	440		1
Barclays PLC		04/03/24		CAD	180		USD	133		—
Barclays PLC		04/03/24		USD	878		NOK	9,265		(24	)
Barclays PLC		04/03/24		ILS	920		USD	254		3
Barclays PLC		04/03/24		RON	1,321		USD	287		1
Barclays PLC		04/03/24		USD	1,486		EUR	1,365		(12	)
Barclays PLC		04/03/24		EUR	1,562		USD	1,702		15
Barclays PLC		04/03/24		USD	132		JPY	20,000		—
Barclays PLC		04/03/24		USD	1,646		JPY	245,900		(21	)
Barclays PLC		04/03/24		USD	1,457		AUD	2,239		4
Barclays PLC		04/03/24		USD	439		AUD	665		(5	)
Barclays PLC		04/03/24		ZAR	2,090		USD	109		(1	)
Barclays PLC		04/03/24		USD	2,251		THB	81,624		(13	)
Barclays PLC		04/03/24		CZK	2,540		USD	109		—
Barclays PLC		04/03/24		DKK	3,371		USD	490		2
Barclays PLC		04/03/24		PLN	5,573		USD	1,398		—
Barclays PLC		04/03/24		MXN	6,320		USD	373		(7	)

SEI Institutional International Trust

37

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Barclays PLC		04/03/24		AUD	85		USD	55	$	—
Barclays PLC		04/03/24		AUD	8,422		USD	5,479		(15	)
Barclays PLC		04/03/24		SEK	13,087		USD	1,265		41
Barclays PLC		04/03/24		NOK	15,053		USD	1,424		36
Barclays PLC		04/03/24		THB	80,894		USD	2,250		33
Barclays PLC		04/03/24		JPY	135,800		USD	915		17
Barclays PLC		05/08/24		USD	54		GBP	43		—
Barclays PLC		05/08/24		EUR	121		USD	132		1
Barclays PLC		05/08/24		USD	189		CHF	170		1
Barclays PLC		05/08/24		USD	220		JPY	33,100		—
Barclays PLC		05/08/24		USD	55		JPY	8,300		—
Barclays PLC		05/08/24		USD	263		EUR	243		—
Barclays PLC		05/08/24		USD	262		EUR	242		(1	)
Barclays PLC		05/08/24		USD	946		NOK	10,185		(6	)
Barclays PLC		05/08/24		ILS	980		USD	268		—
Barclays PLC		05/08/24		USD	1,145		AUD	1,754		1
Barclays PLC		05/08/24		RON	1,321		USD	288		1
Barclays PLC		05/08/24		CHF	1,801		USD	1,995		(13	)
Barclays PLC		05/08/24		ZAR	2,060		USD	108		(1	)
Barclays PLC		05/08/24		NOK	2,683		USD	249		2
Barclays PLC		05/08/24		DKK	3,371		USD	490		1
Barclays PLC		05/08/24		PLN	4,063		USD	1,019		—
Barclays PLC		05/08/24		AUD	9,217		USD	6,015		(3	)
Barclays PLC		05/08/24		JPY	16,600		USD	110		—
Barclays PLC		05/08/24		THB	77,704		USD	2,144		8
Barclays PLC		05/08/24		HUF	181,445		USD	497		1
BNP Paribas		04/03/24		USD	115		MXN	1,936		2
BNP Paribas		04/03/24		USD	130		ZAR	2,440		(1	)
BNP Paribas		04/03/24		ILS	275		USD	76		2
BNP Paribas		04/03/24		USD	435		NOK	4,610		(10	)
BNP Paribas		04/03/24		CHF	590		USD	660		5
BNP Paribas		04/03/24		CAD	590		USD	436		—
BNP Paribas		04/03/24		USD	655		NZD	1,080		(9	)
BNP Paribas		04/03/24		USD	666		CHF	588		(13	)
BNP Paribas		04/03/24		USD	873		SEK	9,110		(21	)
BNP Paribas		04/03/24		USD	434		CAD	590		2
BNP Paribas		04/03/24		USD	442		CAD	595		(3	)
BNP Paribas		04/03/24		USD	871		AUD	1,340		4
BNP Paribas		04/03/24		USD	437		AUD	660		(7	)
BNP Paribas		04/03/24		USD	435		GBP	345		1
BNP Paribas		04/03/24		USD	1,369		GBP	1,074		(12	)
BNP Paribas		04/03/24		GBP	1,582		USD	2,012		14
BNP Paribas		04/03/24		GBP	473		USD	597		—
BNP Paribas		04/03/24		SEK	2,290		USD	219		5
BNP Paribas		04/03/24		USD	2,473		JPY	371,000		(21	)
BNP Paribas		04/03/24		ZAR	2,490		USD	130		(1	)
BNP Paribas		04/03/24		AUD	1,870		USD	1,237		17
BNP Paribas		04/03/24		AUD	1,077		USD	701		(1	)
BNP Paribas		04/03/24		CNY	4,352		USD	605		2

38

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
BNP Paribas		04/03/24		USD	5,905		EUR	5,451	$	(18	)
BNP Paribas		04/03/24		MYR	8,957		USD	1,885		(7	)
BNP Paribas		04/03/24		MXN	12,910		USD	766		(10	)
BNP Paribas		04/03/24		EUR	72,341		USD	78,363		232
BNP Paribas		04/03/24		JPY	76,300		USD	509		5
BNP Paribas		04/19/24		USD	397		HUF	144,794		(1	)
BNP Paribas		05/08/24		CHF	290		USD	323		(1	)
BNP Paribas		05/08/24		USD	437		GBP	346		—
BNP Paribas		05/08/24		USD	825		NZD	1,376		(3	)
BNP Paribas		05/08/24		CAD	950		USD	702		(1	)
BNP Paribas		05/08/24		SEK	1,160		USD	110		1
BNP Paribas		05/08/24		USD	438		EUR	405		1
BNP Paribas		05/08/24		USD	1,376		EUR	1,270		(2	)
BNP Paribas		05/08/24		USD	264		JPY	39,800		—
BNP Paribas		05/08/24		USD	2,117		JPY	318,516		—
BNP Paribas		05/08/24		MXN	3,660		USD	219		1
BNP Paribas		05/08/24		NZD	4,855		USD	2,913		10
BNP Paribas		05/08/24		MYR	8,957		USD	1,890		5
BNP Paribas		05/08/24		EUR	68,857		USD	74,596		129
BNP Paribas		05/08/24		JPY	6,634,087		USD	44,099		12
BNP Paribas		05/16/24		USD	397		COP	1,564,755		6
BNP Paribas		05/23/24		CNH	1,279		USD	178		2
BNP Paribas		05/23/24		EUR	17,344		USD	18,966		197
BNP Paribas		06/24/24		JPY	324,750		USD	2,217		43
Brown Brothers Harriman		04/18/24		USD	211		AUD	321		(1	)
Brown Brothers Harriman		04/18/24		AUD	426		USD	280		2
Brown Brothers Harriman		04/19/24		GBP	135		USD	174		3
Brown Brothers Harriman		04/19/24		GBP	82		USD	103		—
Brown Brothers Harriman		04/19/24		USD	404		HUF	145,685		(5	)
Brown Brothers Harriman		04/19/24		USD	408		ZAR	7,850		6
Brown Brothers Harriman		04/19/24		USD	391		PLN	1,560		—
Brown Brothers Harriman		04/19/24		USD	179		PLN	705		(2	)
Brown Brothers Harriman		04/19/24		USD	238		GBP	190		1
Brown Brothers Harriman		04/19/24		USD	426		GBP	334		(4	)
Brown Brothers Harriman		04/19/24		PLN	1,604		USD	403		1
Brown Brothers Harriman		04/19/24		ZAR	7,769		USD	403		(7	)
Brown Brothers Harriman		04/19/24		CZK	9,397		USD	401		(1	)
Brown Brothers Harriman		04/19/24		HUF	145,120		USD	398		—
Brown Brothers Harriman		05/16/24		JPY	50,102		USD	339		6
Brown Brothers Harriman		05/17/24		USD	807		SGD	1,081		(5	)
Brown Brothers Harriman		05/17/24		SGD	1,095		USD	819		6
Brown Brothers Harriman		05/23/24		USD	136		NZD	223		(3	)
Brown Brothers Harriman		05/23/24		USD	400		MXN	6,790		5
Brown Brothers Harriman		05/23/24		MXN	6,867		USD	406		(4	)
Brown Brothers Harriman		06/12/24		USD	307		EUR	281		(3	)
Brown Brothers Harriman		06/12/24		EUR	682		USD	745		6
Brown Brothers Harriman		06/26/24		EUR	9,400		USD	10,238		52
CIBC		04/03/24		USD	691		CAD	938		2
CIBC		04/03/24		CAD	11,927		USD	8,790		(24	)

SEI Institutional International Trust

39

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
CIBC		04/08/24		JPY	635,100		USD	4,443	$	243
Citigroup		04/03/24		USD	55		EUR	50		(1	)
Citigroup		04/03/24		USD	168		AUD	253		(3	)
Citigroup		04/03/24		USD	219		CZK	5,090		(2	)
Citigroup		04/03/24		NZD	270		USD	167		5
Citigroup		04/03/24		USD	307		MXN	5,160		3
Citigroup		04/03/24		USD	396		SEK	4,040		(18	)
Citigroup		04/03/24		EUR	405		USD	439		1
Citigroup		04/03/24		RON	3,143		USD	684		1
Citigroup		04/03/24		CZK	5,160		USD	223		2
Citigroup		04/03/24		JPY	65,700		USD	440		6
Citigroup		04/18/24		AUD	7,210		USD	4,756		51
Citigroup		04/18/24		KRW	535,367		USD	401		3
Citigroup		04/19/24		HUF	208,251		USD	574		4
Citigroup		05/08/24		RON	3,143		USD	685		2
Citigroup		05/16/24		USD	221		PEN	824		—
Citigroup		05/16/24		USD	393		COP	1,534,157		1
Citigroup		05/16/24		COP	1,571,852		USD	398		(6	)
Citigroup		06/13/24		CAD	13,612		USD	10,117		47
Citigroup		06/14/24		USD	403		INR	33,502		(2	)
Commonwealth Bank Of Australia		04/03/24		USD	585		EUR	540		(2	)
Credit Agricole		04/10/24		USD	221		CNY	1,558		(4	)
Deutsche Bank		04/30/24		SEK	15,398		USD	1,463		21
Deutsche Bank		06/12/24		EUR	9,827		USD	10,764		121
Goldman Sachs		04/03/24		USD	4		HUF	1,600		—
Goldman Sachs		04/03/24		USD	25		RON	116		—
Goldman Sachs		04/03/24		USD	130		ZAR	2,470		—
Goldman Sachs		04/03/24		USD	132		AUD	200		(2	)
Goldman Sachs		04/03/24		USD	319		CHF	280		(8	)
Goldman Sachs		04/03/24		AUD	335		USD	222		3
Goldman Sachs		04/03/24		USD	396		JPY	58,600		(8	)
Goldman Sachs		04/03/24		CHF	400		USD	457		13
Goldman Sachs		04/03/24		USD	402		NZD	663		(6	)
Goldman Sachs		04/03/24		USD	437		SEK	4,520		(14	)
Goldman Sachs		04/03/24		USD	449		NOK	4,710		(15	)
Goldman Sachs		04/03/24		USD	524		EUR	481		(5	)
Goldman Sachs		04/03/24		USD	633		GBP	494		(9	)
Goldman Sachs		04/03/24		EUR	964		USD	1,057		15
Goldman Sachs		04/03/24		SEK	1,350		USD	133		6
Goldman Sachs		04/03/24		GBP	831		USD	1,058		8
Goldman Sachs		04/03/24		GBP	711		USD	896		(3	)
Goldman Sachs		04/03/24		THB	1,940		USD	54		1
Goldman Sachs		04/03/24		ZAR	7,480		USD	394		(1	)
Goldman Sachs		04/03/24		NOK	8,040		USD	769		28
Goldman Sachs		04/03/24		MXN	15,100		USD	896		(12	)
Goldman Sachs		04/03/24		HUF	63,445		USD	175		1
Goldman Sachs		04/03/24		JPY	107,700		USD	730		18
Goldman Sachs		04/18/24		USD	406		KRW	538,615		(6	)
Goldman Sachs		04/19/24		USD	394		ZAR	7,520		3

40

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Goldman Sachs		04/25/24		USD	400		IDR	6,264,643	$	(5	)
Goldman Sachs		05/08/24		USD	25		RON	116		—
Goldman Sachs		05/08/24		USD	56		AUD	85		—
Goldman Sachs		05/08/24		USD	189		CHF	170		—
Goldman Sachs		05/08/24		GBP	216		USD	273		—
Goldman Sachs		05/08/24		CHF	250		USD	279		—
Goldman Sachs		05/08/24		USD	263		EUR	243		—
Goldman Sachs		05/08/24		USD	191		JPY	28,700		—
Goldman Sachs		05/08/24		USD	264		JPY	39,700		—
Goldman Sachs		05/08/24		EUR	1,022		USD	1,106		1
Goldman Sachs		05/08/24		NOK	2,830		USD	261		—
Goldman Sachs		06/14/24		USD	403		INR	33,382		(3	)
HSBC		04/18/24		USD	401		KRW	533,377		(5	)
HSBC		04/19/24		USD	400		HUF	145,714		(1	)
HSBC		05/16/24		CLP	369,654		USD	383		7
HSBC		05/23/24		USD	391		CNH	2,793		(5	)
HSBC		05/23/24		CNH	68,287		USD	9,504		76
HSBC		05/24/24		TWD	12,565		USD	404		11
HSBC		06/14/24		INR	33,327		USD	400		1
JPMorgan Chase Bank		04/03/24		ILS	200		USD	55		—
JPMorgan Chase Bank		04/03/24		USD	217		CAD	295		1
JPMorgan Chase Bank		04/03/24		USD	274		AUD	420		1
JPMorgan Chase Bank		04/03/24		USD	330		NZD	540		(6	)
JPMorgan Chase Bank		04/03/24		NZD	395		USD	241		4
JPMorgan Chase Bank		04/03/24		GBP	430		USD	545		2
JPMorgan Chase Bank		04/03/24		USD	543		NOK	5,730		(15	)
JPMorgan Chase Bank		04/03/24		CAD	595		USD	439		(1	)
JPMorgan Chase Bank		04/03/24		USD	721		SEK	7,520		(18	)
JPMorgan Chase Bank		04/03/24		USD	769		MXN	12,970		12
JPMorgan Chase Bank		04/03/24		CHF	925		USD	1,057		30
JPMorgan Chase Bank		04/03/24		SGD	1,032		USD	768		3
JPMorgan Chase Bank		04/03/24		USD	1,076		SGD	1,447		(3	)
JPMorgan Chase Bank		04/03/24		USD	1,101		PEN	4,076		(5	)
JPMorgan Chase Bank		04/03/24		USD	54		GBP	43		—
JPMorgan Chase Bank		04/03/24		USD	1,368		GBP	1,073		(13	)
JPMorgan Chase Bank		04/03/24		RON	1,562		USD	340		—
JPMorgan Chase Bank		04/03/24		AUD	1,300		USD	859		11
JPMorgan Chase Bank		04/03/24		AUD	375		USD	244		(1	)
JPMorgan Chase Bank		04/03/24		EUR	1,699		USD	1,850		15
JPMorgan Chase Bank		04/03/24		USD	1,749		CHF	1,550		(28	)
JPMorgan Chase Bank		04/03/24		USD	2,053		EUR	1,888		(14	)
JPMorgan Chase Bank		04/03/24		NOK	3,320		USD	318		12
JPMorgan Chase Bank		04/03/24		PEN	4,076		USD	1,069		(26	)
JPMorgan Chase Bank		04/03/24		SEK	12,630		USD	1,221		40
JPMorgan Chase Bank		04/03/24		MXN	17,170		USD	1,016		(17	)
JPMorgan Chase Bank		04/03/24		USD	27,830		CNY	201,715		93
JPMorgan Chase Bank		04/03/24		USD	360		CNY	2,592		(1	)
JPMorgan Chase Bank		04/03/24		JPY	78,400		USD	531		12
JPMorgan Chase Bank		04/03/24		CNY	202,031		USD	28,048		80

SEI Institutional International Trust

41

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
JPMorgan Chase Bank		04/03/24		CNY	1,594		USD	220	$	(1	)
JPMorgan Chase Bank		04/08/24		USD	3,518		CNY	25,156		(27	)
JPMorgan Chase Bank		04/08/24		CNY	2,323		USD	323		1
JPMorgan Chase Bank		04/08/24		CNY	22,833		USD	3,149		(20	)
JPMorgan Chase Bank		04/12/24		EUR	25,768		USD	28,009		169
JPMorgan Chase Bank		04/19/24		PLN	2,280		USD	577		5
JPMorgan Chase Bank		04/19/24		EUR	9,534		USD	10,507		203
JPMorgan Chase Bank		04/24/24		IDR	62,732,434		USD	3,982		31
JPMorgan Chase Bank		04/26/24		COP	1,353,043		USD	347		(2	)
JPMorgan Chase Bank		04/26/24		JPY	2,234,125		USD	15,059		241
JPMorgan Chase Bank		04/26/24		IDR	50,914,746		USD	3,249		42
JPMorgan Chase Bank		05/03/24		PEN	4,076		USD	1,100		4
JPMorgan Chase Bank		05/08/24		EUR	51		USD	55		—
JPMorgan Chase Bank		05/08/24		USD	55		CAD	75		—
JPMorgan Chase Bank		05/08/24		USD	56		CHF	50		—
JPMorgan Chase Bank		05/08/24		NZD	90		USD	54		—
JPMorgan Chase Bank		05/08/24		USD	131		SEK	1,390		(1	)
JPMorgan Chase Bank		05/08/24		USD	218		AUD	335		1
JPMorgan Chase Bank		05/08/24		USD	262		NOK	2,820		(2	)
JPMorgan Chase Bank		05/08/24		SEK	1,390		USD	132		2
JPMorgan Chase Bank		05/08/24		SGD	1,447		USD	1,077		3
JPMorgan Chase Bank		05/08/24		RON	1,562		USD	340		1
JPMorgan Chase Bank		05/08/24		NOK	2,820		USD	263		2
JPMorgan Chase Bank		05/08/24		MXN	4,400		USD	262		(1	)
JPMorgan Chase Bank		05/08/24		CNY	201,715		USD	27,880		(460	)
JPMorgan Chase Bank		05/20/24		ILS	8,998		USD	2,452		(10	)
JPMorgan Chase Bank		05/20/24		THB	99,560		USD	2,783		43
JPMorgan Chase Bank		05/28/24		USD	1,129		HUF	409,889		(9	)
JPMorgan Chase Bank		06/03/24		CNY	50,597		USD	7,080		(38	)
JPMorgan Chase Bank		06/03/24		CZK	70,895		USD	3,037		8
JPMorgan Chase Bank		06/04/24		USD	31		THB	1,118		(1	)
JPMorgan Chase Bank		06/04/24		THB	103,429		USD	2,910		60
JPMorgan Chase Bank		06/10/24		CAD	2,252		USD	1,663		(3	)
JPMorgan Chase Bank		06/10/24		USD	4,085		GBP	3,228		(6	)
JPMorgan Chase Bank		06/10/24		USD	5,595		NOK	59,266		(121	)
JPMorgan Chase Bank		06/10/24		CHF	5,783		USD	6,655		182
JPMorgan Chase Bank		06/10/24		USD	10,901		SEK	112,182		(376	)
JPMorgan Chase Bank		06/10/24		SGD	15,738		USD	11,757		55
JPMorgan Chase Bank		06/10/24		NZD	23,623		USD	14,424		299
JPMorgan Chase Bank		06/10/24		MXN	155,786		USD	8,995		(277	)
JPMorgan Chase Bank		06/10/24		KRW	1,694,775		USD	1,275		14
JPMorgan Chase Bank		06/11/24		CNY	4,594		USD	641		(5	)
JPMorgan Chase Bank		06/11/24		AUD	8,312		USD	5,431		(1	)
JPMorgan Chase Bank		06/17/24		USD	240		PLN	950		(2	)
JPMorgan Chase Bank		07/08/24		USD	3,165		CNY	22,833		47
Merrill Lynch		04/18/24		KRW	535,016		USD	403		5
Merrill Lynch		04/19/24		ZAR	7,574		USD	398		(1	)
Merrill Lynch		05/16/24		USD	403		CLP	394,300		(1	)
Merrill Lynch		05/16/24		PEN	2,845		USD	772		8

42

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Merrill Lynch		05/24/24		USD	405		TWD	12,673	$	(8	)
Midland Walwyn Capital Inc.		04/03/24		RON	119		USD	26		—
Midland Walwyn Capital Inc.		04/03/24		USD	158		MYR	749		1
Midland Walwyn Capital Inc.		04/03/24		USD	166		AUD	255		—
Midland Walwyn Capital Inc.		04/03/24		EUR	507		USD	553		5
Midland Walwyn Capital Inc.		05/08/24		RON	119		USD	26		—
Midland Walwyn Capital Inc.		05/08/24		USD	159		MYR	749		(1	)
Midland Walwyn Capital Inc.		05/08/24		GBP	10,603		USD	13,375		(19	)
Midland Walwyn Capital Inc.		05/08/24		CNY	18,528		USD	2,554		(49	)
Morgan Stanley		04/03/24		USD	2		CZK	40		—
Morgan Stanley		04/03/24		USD	54		ZAR	1,040		1
Morgan Stanley		04/03/24		CHF	95		USD	107		2
Morgan Stanley		04/03/24		USD	131		GBP	102		(2	)
Morgan Stanley		04/03/24		USD	131		SEK	1,340		(5	)
Morgan Stanley		04/03/24		SGD	270		USD	201		1
Morgan Stanley		04/03/24		GBP	279		USD	351		(1	)
Morgan Stanley		04/03/24		USD	393		MXN	6,610		5
Morgan Stanley		04/03/24		PLN	430		USD	110		2
Morgan Stanley		04/03/24		USD	431		AUD	652		(6	)
Morgan Stanley		04/03/24		USD	519		RON	2,383		(1	)
Morgan Stanley		04/03/24		SEK	570		USD	54		1
Morgan Stanley		04/03/24		AUD	670		USD	435		(2	)
Morgan Stanley		04/03/24		USD	694		NZD	1,140		(12	)
Morgan Stanley		04/03/24		MXN	2,220		USD	131		(2	)
Morgan Stanley		04/03/24		ZAR	2,460		USD	127		(3	)
Morgan Stanley		04/03/24		USD	3,066		JPY	458,516		(36	)
Morgan Stanley		04/03/24		NZD	7,049		USD	4,300		84
Morgan Stanley		04/03/24		CZK	16,861		USD	720		—
Morgan Stanley		04/03/24		JPY	6,987,987		USD	46,633		453
Morgan Stanley		04/19/24		USD	1,657		GBP	1,302		(13	)
Morgan Stanley		04/19/24		GBP	9,380		USD	11,902		52
Morgan Stanley		05/08/24		AUD	200		USD	131		—
Morgan Stanley		05/08/24		CHF	250		USD	277		(1	)
Morgan Stanley		05/08/24		USD	219		GBP	174		1
Morgan Stanley		05/08/24		USD	110		GBP	87		—
Morgan Stanley		05/08/24		PLN	430		USD	108		—
Morgan Stanley		05/08/24		USD	496		JPY	74,600		(1	)
Morgan Stanley		05/08/24		USD	519		RON	2,383		(1	)
Morgan Stanley		05/08/24		USD	54		NZD	90		—
Morgan Stanley		05/08/24		USD	1,266		NZD	2,110		(5	)
Morgan Stanley		05/08/24		ZAR	3,430		USD	181		—
Morgan Stanley		05/08/24		JPY	39,700		USD	264		—
Morgan Stanley		05/10/24		EUR	9,534		USD	10,515		203
Morgan Stanley		05/16/24		USD	385		CLP	370,450		(8	)
Morgan Stanley		05/16/24		COP	2,810,862		USD	712		(10	)
Morgan Stanley		06/13/24		CAD	1,094		USD	808		(2	)
RBC		04/03/24		AUD	33		USD	21		—
RBC		04/03/24		USD	55		AUD	85		—
RBC		04/03/24		USD	56		CAD	75		—

SEI Institutional International Trust

43

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
RBC		04/03/24		USD	107		PLN	425	$	(1	)
RBC		04/03/24		EUR	121		USD	131		1
RBC		04/03/24		USD	131		GBP	102		(2	)
RBC		04/03/24		USD	261		MXN	4,390		3
RBC		04/03/24		USD	650		EUR	601		(1	)
RBC		04/03/24		HUF	1,600		USD	4		—
RBC		04/03/24		MXN	7,020		USD	419		(4	)
RBC		04/03/24		JPY	48,900		USD	324		1
RBC		05/08/24		EUR	243		USD	263		1
RBC		05/08/24		USD	448		CAD	608		2
RBC		05/08/24		CAD	11,667		USD	8,590		(38	)
RBS		04/03/24		USD	131		NZD	215		(3	)
RBS		04/03/24		USD	192		CAD	260		—
SCB Securities		04/03/24		USD	219		GBP	172		(2	)
SCB Securities		04/03/24		MYR	4,371		USD	920		(4	)
SCB Securities		04/12/24		HKD	2,720		USD	350		2
SCB Securities		05/08/24		SGD	75		USD	56		—
SCB Securities		05/08/24		MYR	4,371		USD	927		7
SCB Securities		05/09/24		HKD	2,705		USD	348		2
Societe Generale		04/03/24		USD	109		SEK	1,140		(3	)
Societe Generale		04/03/24		SEK	1,350		USD	132		6
Societe Generale		04/03/24		CZK	2,540		USD	109		1
State Street		04/03/24		CZK	40		USD	2		—
State Street		04/03/24		USD	55		CAD	75		—
State Street		04/03/24		USD	56		CAD	75		—
State Street		04/03/24		USD	55		AUD	85		—
State Street		04/03/24		USD	56		AUD	85		—
State Street		04/03/24		EUR	122		USD	132		1
State Street		04/03/24		NZD	180		USD	110		2
State Street		04/03/24		GBP	232		USD	295		2
State Street		04/03/24		USD	327		JPY	48,600		(6	)
State Street		04/03/24		USD	452		NZD	742		(8	)
State Street		04/03/24		USD	483		CHF	425		(11	)
State Street		04/03/24		USD	510		CNY	3,670		(2	)
State Street		04/03/24		AUD	85		USD	56		—
State Street		04/03/24		AUD	455		USD	296		(1	)
State Street		04/03/24		USD	900		NOK	9,600		(15	)
State Street		04/03/24		USD	1,064		MXN	18,014		20
State Street		04/03/24		PLN	1,230		USD	307		(1	)
State Street		04/03/24		JPY	65,500		USD	444		11
State Street		04/03/24		HUF	118,000		USD	320		(3	)
State Street		05/08/24		USD	220		JPY	33,200		—
TD Securities		04/03/24		CHF	50		USD	57		1
TD Securities		04/03/24		USD	55		CAD	75		—
TD Securities		04/03/24		USD	220		AUD	335		(1	)
TD Securities		04/03/24		EUR	302		USD	329		2
TD Securities		05/08/24		USD	214		SEK	2,265		(2	)
TD Securities		05/08/24		SEK	3,332		USD	315		3
UBS		04/03/24		USD	143		THB	5,130		(2	)

44

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
UBS		04/03/24		RON	163		USD	35	$	—
UBS		04/03/24		EUR	181		USD	198		3
UBS		04/03/24		USD	216		CHF	190		(5	)
UBS		04/03/24		USD	263		GBP	205		(4	)
UBS		04/03/24		USD	265		JPY	38,700		(9	)
UBS		04/03/24		ZAR	2,050		USD	110		1
UBS		04/03/24		CHF	2,694		USD	3,067		76
UBS		04/03/24		THB	3,920		USD	110		2
UBS		04/03/24		USD	6,233		MXN	103,861		14
UBS		04/03/24		MXN	89,981		USD	5,271		(142	)
UBS		05/08/24		RON	163		USD	36		—
UBS		05/08/24		USD	2,610		GBP	2,067		1
UBS		05/08/24		USD	4,404		EUR	4,060		(14	)
UBS		05/08/24		MXN	103,861		USD	6,199		(16	)
UBS		05/09/24		CZK	19,471		USD	834		2
UBS		05/23/24		CNH	48,086		USD	6,703		65
Westpac Banking		04/03/24		USD	111		AUD	170		—
Westpac Banking		04/03/24		USD	133		AUD	200		(2	)
Westpac Banking		04/03/24		USD	264		EUR	241		(3	)
Westpac Banking		04/03/24		USD	264		JPY	38,700		(9	)
Westpac Banking		04/03/24		AUD	200		USD	133		2
Westpac Banking		04/03/24		AUD	200		USD	130		—
									$	1,984

A list of the open OTC swap agreements held by the Fund at March 31, 2024, is as follows:

Interest Rate Swaps
Counterparty	Fund Pays	Fund Receives		Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)		Upfront Payments (Thousands)		Net Unrealized Appreciation (Depreciation) (Thousands)
Deutsche Bank	China 7-Day Reverse Repo Rate		2.985%		Quarterly		06/03/2024		CNY		23,220	$	13	$	–	$	13
Deutsche Bank	China 7-Day Reverse Repo Rate		2.755%		Quarterly		09/09/2024		CNY		31,000		22		–		22
												$	35	$	–	$	35

A list of the open centrally cleared swap agreements held by the Fund at March 31, 2024, is as follows:

Interest Rate Swap

Fund Pays

Fund Receives

Payment Frequency

Termination Date

Currency

Notional Amount (Thousands)

Value (Thousands)

Upfront Payments/ Receipts (Thousands)

Net Unrealized Appreciation (Depreciation) (Thousands)

China 7-Day Reverse Repo Rate

2.800%

Quarterly

04/02/2026

CNY

12,090

$

28

$

–

$

28

SEI Institutional International Trust

45

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

International Fixed Income Fund (Concluded)

	Percentages are based on Net Assets of $446,113 ($ Thousands).
(A)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On March 31, 2024, the value of these securities amounted to $62,827 ($ Thousands), representing 14.1% of the Net Assets of the Fund.
(B)	Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.
(C)	Perpetual security with no stated maturity date.
(D)	Zero coupon security.
(E)	No interest rate available.
(F)	Interest rate represents the security's effective yield at the time of purchase.

The following is a summary of the level of inputs used as of March 31, 2024, 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		–		424,905		–		424,905
U.S. Treasury Obligations		–		7,768		–		7,768
Mortgage-Backed Securities		–		3,030		–		3,030
Commercial Paper		–		2,491		–		2,491
Asset-Backed Securities		–		1,278		–		1,278
Total Investments in Securities		–		439,472		–		439,472

Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Appreciation		208			–			–		208
Unrealized Depreciation		(135	)		–			–		(135	)
Forward Contracts*
Unrealized Appreciation		–			4,498			–		4,498
Unrealized Depreciation		–			(2,514	)		–		(2,514	)
OTC Swaps
Interest Rate Swaps*
Unrealized Appreciation		–			35			–		35
Centrally Cleared Swaps
Interest Rate Swaps*
Unrealized Appreciation		–			28			–		28
Total Other Financial Instruments		73			2,047			–		2,120

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

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

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

See “Glossary” for abbreviations.

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

46

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund

^†Percentages based on total investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS — 94.7%
Albania — 0.1%
Albania Government International Bond
3.500%, 11/23/2031	EUR	800	$	775
Angola — 0.8%
Angolan Government International Bond
9.375%, 05/08/2048	$	2,040		1,756
8.750%, 04/14/2032		3,253		2,985
8.750%, 04/14/2032 (A)		289		265
8.250%, 05/09/2028 (A)		854		821
8.250%, 05/09/2028		735		707
Republic of Angola Via Avenir Issuer II Ireland DAC
6.927%, 02/19/2027		2,126		2,051
				8,585
Argentina — 1.5%
Argentine Republic Government International Bond
4.250%, 01/09/2038 (B)		2,650		1,229
3.625%, 07/09/2035 (B)		5,512		2,288
3.625%, 07/09/2046 (B)		3,480		1,563
3.500%, 07/09/2041 (B)		6,999		2,821
1.000%, 07/09/2029		980		527
0.750%, 07/09/2030 (B)		8,390		4,399
0.500%, 07/09/2029	EUR	13		7
0.125%, 07/09/2030		542		281
Provincia de Buenos Aires MTN
6.375%, 09/01/2037 (B)	$	4,559		1,858
4.000%, 09/01/2037 (B)	EUR	654		185
Provincia de Cordoba
6.875%, 12/10/2025 (A)(B)	$	360		311
YPF
9.500%, 01/17/2031 (A)		548		560
				16,029

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Armenia — 0.1%
Republic of Armenia International Bond
3.950%, 09/26/2029	$	200	$	173
3.600%, 02/02/2031		1,502		1,217
				1,390
Australia — 0.0%
AngloGold Ashanti Holdings
3.750%, 10/01/2030		229		200
Azerbaijan — 0.6%
Republic of Azerbaijan International Bond
5.125%, 09/01/2029		1,307		1,263
Southern Gas Corridor CJSC
6.875%, 03/24/2026		3,095		3,125
6.875%, 03/24/2026 (A)		690		697
State Oil of the Azerbaijan Republic
6.950%, 03/18/2030		1,840		1,886
				6,971
Bahamas — 0.2%
Bahamas Government International Bond
9.000%, 06/16/2029		1,000		977
8.950%, 10/15/2032		800		773
6.000%, 11/21/2028		540		485
				2,235
Bahrain — 1.1%
Bahrain Government International Bond
7.750%, 04/18/2035 (A)		838		877
7.500%, 02/12/2036 (A)		600		615
7.000%, 01/26/2026		202		204
5.450%, 09/16/2032		1,177		1,077
Bahrain Government International Bond MTN
6.250%, 01/25/2051		6,500		5,385
4.250%, 01/25/2028		556		518
Bapco Energies BSCC
8.375%, 11/07/2028 (A)		560		601
8.375%, 11/07/2028		200		214
CBB International Sukuk Programme WLL
6.000%, 02/12/2031 (A)(C)		581		582
3.875%, 05/18/2029 (A)		1,094		997
3.875%, 05/18/2029		546		498
				11,568
Barbados — 0.1%
Barbados Government International Bond
6.500%, 10/01/2029		800		757
Benin — 0.1%
Benin Government International Bond
7.960%, 02/13/2038 (A)		627		610
6.875%, 01/19/2052	EUR	458		404

SEI Institutional International Trust

47

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
4.950%, 01/22/2035	EUR	589	$	515
4.875%, 01/19/2032		102		93
				1,622
Bermuda — 0.1%
Bermuda Government International Bond
5.000%, 07/15/2032	$	409		393
4.750%, 02/15/2029		954		922
2.375%, 08/20/2030		221		185
				1,500
Bolivia — 0.0%
Bolivian Government International Bond
4.500%, 03/20/2028 (C)		602		349
Brazil — 4.3%
Brazil Minas SPE via State of Minas Gerais
5.333%, 02/15/2028		716		703
Brazil Notas do Tesouro Nacional, Serie B
6.000%, 05/15/2035	BRL	268		231
6.000%, 05/15/2045		103		89
6.000%, 08/15/2050		519		451
Brazil Notas do Tesouro Nacional, Serie F
10.000%, 01/01/2025		9,998		1,997
10.000%, 01/01/2027		35,817		7,124
10.000%, 01/01/2029		61,097		11,930
10.000%, 01/01/2031		16,055		3,076
10.000%, 01/01/2033		36,946		7,001
Brazilian Government International Bond
7.125%, 05/13/2054	$	1,339		1,348
6.250%, 03/18/2031		566		576
6.125%, 03/15/2034		2,761		2,730
6.000%, 10/20/2033		627		621
5.625%, 02/21/2047		667		572
4.750%, 01/14/2050		3,429		2,567
Centrais Eletricas Brasileiras
4.625%, 02/04/2030 (A)(C)		226		207
CSN Resources (A)
8.875%, 12/05/2030		407		420
4.625%, 06/10/2031		416		341
MC Brazil Downstream Trading SARL
7.250%, 06/30/2031 (A)		851		770
7.250%, 06/30/2031		333		301
MV24 Capital BV
6.748%, 06/01/2034		1,371		1,286
6.748%, 06/01/2034 (A)		335		314
Nexa Resources
5.375%, 05/04/2027 (A)		751		733
Samarco Mineracao SA
9.500%, 06/30/2031		400		361
St. Marys Cement Canada
5.750%, 04/02/2034 (A)		557		552

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Suzano Austria GmbH
5.000%, 01/15/2030	$	284	$	273
				46,574
Cameroon — 0.1%
Republic of Cameroon International Bond
5.950%, 07/07/2032	EUR	1,430		1,191
Cayman Islands — 0.1%
Neon Capital MTN
0.000%, 01/06/2028 (D)(E)	JPY	163,396		993
Chile — 2.2%
Alfa Desarrollo SpA
4.550%, 09/27/2051 (A)	$	226		173
Banco de Credito e Inversiones
3.500%, 10/12/2027 (A)		256		242
Bonos de la Tesoreria de la Republica
3.400%, 10/01/2039 (A)	CLP	1,833,055		2,076
2.000%, 03/01/2035		91,312		89
1.900%, 09/01/2030		2,281,487		2,240
Bonos de la Tesoreria de la Republica en pesos
7.000%, 05/01/2034 (A)		345,000		383
6.000%, 04/01/2033 (A)		610,000		630
5.800%, 10/01/2034 (A)		2,620,000		2,665
5.000%, 10/01/2028 (A)		1,050,000		1,041
5.000%, 03/01/2035		275,000		260
4.700%, 09/01/2030 (A)		1,250,000		1,202
4.500%, 03/01/2026		660,000		659
2.800%, 10/01/2033 (A)		365,000		291
Cencosud
4.375%, 07/17/2027 (A)	$	299		287
Chile Electricity Lux MPC Sarl
6.010%, 01/20/2033 (A)		400		403
Chile Government International Bond
4.950%, 01/05/2036		558		539
4.850%, 01/22/2029		2,464		2,441
3.250%, 09/21/2071		379		239
3.100%, 05/07/2041		1,176		869
2.450%, 01/31/2031		327		279
Corp Nacional del Cobre de Chile
6.440%, 01/26/2036 (A)		1,879		1,934
6.300%, 09/08/2053 (A)		206		206
5.950%, 01/08/2034		1,255		1,253
5.950%, 01/08/2034 (A)		364		363
Empresa de los Ferrocarriles del Estado
3.830%, 09/14/2061		350		232
3.068%, 08/18/2050		250		150
Empresa Nacional del Petroleo
6.150%, 05/10/2033		1,050		1,066
6.150%, 05/10/2033 (A)		200		203
5.250%, 11/06/2029		749		733

48

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
4.500%, 09/14/2047	$	200	$	151
3.450%, 09/16/2031 (A)		331		283
Nacional del Cobre de Chile (A)
5.125%, 02/02/2033		282		268
3.750%, 01/15/2031		234		209
				24,059
China — 2.0%
China Government Bond
3.810%, 09/14/2050	CNY	3,100		521
3.720%, 04/12/2051		2,400		399
3.530%, 10/18/2051		6,580		1,064
3.270%, 11/19/2030		3,100		454
3.190%, 04/15/2053		4,700		741
3.120%, 10/25/2052		6,650		1,010
3.000%, 10/15/2053		8,830		1,358
2.880%, 02/25/2033		32,060		4,605
2.800%, 03/25/2030		21,690		3,077
2.670%, 05/25/2033		11,400		1,611
2.620%, 06/25/2030		7,500		1,053
2.600%, 09/15/2030		6,000		842
2.600%, 09/01/2032		3,000		420
2.520%, 08/25/2033		1,500		210
China Government International Bond
1.950%, 12/03/2024	$	2,731		2,674
1.250%, 10/26/2026 (A)		559		513
0.550%, 10/21/2025		626		585
Chinalco Capital Holdings
2.125%, 06/03/2026		173		162
Meituan
3.050%, 10/28/2030		204		175
Shimao Group Holdings
5.600%, 07/15/2026 (F)		1,949		53
5.200%, 01/30/2025 (F)		1,406		45
				21,572
Colombia — 5.5%
AI Candelaria Spain (A)
7.500%, 12/15/2028		311		305
5.750%, 06/15/2033		780		633
Colombia Government International Bond
9.850%, 06/28/2027	COP	5,060,000		1,270
8.750%, 11/14/2053	$	1,548		1,680
8.000%, 04/20/2033		2,622		2,768
7.500%, 02/02/2034		1,542		1,575
6.125%, 01/18/2041		2,236		1,924
5.625%, 02/26/2044		2,032		1,608
5.200%, 05/15/2049		1,427		1,047
5.000%, 06/15/2045		5,033		3,642
4.125%, 02/22/2042		2,216		1,495
4.125%, 05/15/2051		1,351		836
Colombian TES
13.250%, 02/09/2033	COP	6,925,500		2,107

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
9.250%, 05/28/2042	COP	5,541,800	$	1,262
7.750%, 09/18/2030		8,036,600		1,891
7.500%, 08/26/2026		14,295,000		3,567
7.250%, 10/18/2034		30,196,400		6,345
7.250%, 10/26/2050		4,553,000		826
7.000%, 03/26/2031		7,758,800		1,725
7.000%, 03/26/2031		1,211,900		272
7.000%, 06/30/2032		32,199,300		6,953
6.250%, 07/09/2036		4,494,700		831
6.000%, 04/28/2028		32,059,800		7,358
5.750%, 11/03/2027		16,639,100		3,837
Ecopetrol
8.875%, 01/13/2033	$	357		378
6.875%, 04/29/2030		272		265
5.875%, 11/02/2051		1,346		969
Empresas Publicas de Medellin ESP (A)
8.375%, 11/08/2027	COP	1,853,000		423
7.625%, 09/10/2024		3,116,000		785
Financiera de Desarrollo Territorial Findeter
7.875%, 08/12/2024 (A)		1,127,000		285
7.875%, 08/12/2024		884,000		224
Grupo Aval
4.375%, 02/04/2030 (A)	$	600		506
PA Autopista Rio Magdalena
6.050%, 06/15/2036		2,298,921		461
				60,053
Costa Rica — 0.6%
Costa Rica Government International Bond
10.580%, 09/26/2029 (A)	CRC	81,200		196
7.300%, 11/13/2054 (A)	$	2,348		2,491
7.158%, 03/12/2045		1,000		1,045
6.550%, 04/03/2034 (A)		1,044		1,079
6.550%, 04/03/2034		1,490		1,541
				6,352
Czech Republic — 2.3%
Czech Republic Government Bond
6.200%, 06/16/2031	CZK	12,770		626
6.000%, 02/26/2026		23,340		1,036
5.750%, 03/29/2029		44,770		2,080
5.500%, 12/12/2028		39,470		1,812
5.000%, 09/30/2030		19,660		896
4.900%, 04/14/2034		33,550		1,541
4.500%, 11/11/2032		28,270		1,255
4.200%, 12/04/2036		7,740		337
3.500%, 05/30/2035		18,690		762
2.750%, 07/23/2029		14,800		602
2.500%, 08/25/2028		115,680		4,696
2.000%, 10/13/2033		91,270		3,308
1.950%, 07/30/2037		5,510		185
1.750%, 06/23/2032		18,680		677
1.500%, 04/24/2040		6,150		185

SEI Institutional International Trust

49

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
1.200%, 03/13/2031	CZK	27,240	$	979
1.000%, 06/26/2026		46,200		1,851
0.950%, 05/15/2030		5,750		208
0.250%, 02/10/2027		44,470		1,721
0.050%, 11/29/2029		18,530		643
				25,400
Dominican Republic — 1.8%
Dominican Republic Central Bank Notes
13.000%, 12/05/2025 (A)	DOP	236,870		4,099
Dominican Republic International Bond
11.250%, 09/15/2035 (A)		30,550		556
9.750%, 06/05/2026		19,150		324
7.050%, 02/03/2031	$	4,383		4,535
6.850%, 01/27/2045		6,086		6,024
6.500%, 02/15/2048		296		281
6.400%, 06/05/2049		501		470
6.000%, 02/22/2033		457		443
5.875%, 04/18/2024 (A)		24		24
5.875%, 01/30/2060		3,098		2,632
				19,388
Ecuador — 1.1%
Ecuador Government International Bond
6.000%, 07/31/2030 (A)(B)		2,028		1,374
6.000%, 07/31/2030 (B)		3,352		2,271
3.500%, 07/31/2035 (A)(B)(C)		2,529		1,327
3.500%, 07/31/2035 (B)		10,362		5,439
2.500%, 07/31/2040 (B)		1,421		689
2.500%, 07/31/2040 (A)(B)		1,165		565
0.000%, 07/31/2030 (A)(G)		690		339
0.000%, 07/31/2030 (G)		233		114
				12,118
Egypt — 2.4%
Egypt Government Bond
14.664%, 10/06/2030	EGP	4,750		57
Egypt Government International Bond
8.875%, 05/29/2050	$	4,970		4,074
8.700%, 03/01/2049		4,700		3,789
8.700%, 03/01/2049 (A)		389		314
8.500%, 01/31/2047		1,591		1,260
7.625%, 05/29/2032		1,794		1,526
Egypt Government International Bond MTN
7.300%, 09/30/2033		2,936		2,399
6.375%, 04/11/2031	EUR	2,120		1,893
5.625%, 04/16/2030		432		382
Egypt Treasury Bills
0.000%, 06/04/2024 (G)	EGP	28,850		582
0.000%, 06/18/2024 (G)		64,325		1,287
0.000%, 09/10/2024 (G)		12,225		230
0.000%, 12/10/2024 (G)		19,725		351
0.000%, 12/17/2024 (G)		141,050		2,497
0.000%, 03/04/2025 (G)		103,500		1,737

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
0.000%, 03/18/2025 (G)	EGP	182,500	$	3,062
Egyptian Financial for Sovereign Taskeek
10.875%, 02/28/2026	$	995		1,037
				26,477
El Salvador — 0.6%
El Salvador Government International Bond
9.500%, 07/15/2052 (C)		5,093		4,223
8.250%, 04/10/2032		627		519
7.650%, 06/15/2035		819		621
7.125%, 01/20/2050		700		482
6.375%, 01/18/2027 (A)		412		357
				6,202
Ethiopia — 0.1%
Ethiopia International Bond
6.625%, 12/11/2024		1,380		1,007
6.625%, 12/11/2024 (A)		393		287
				1,294
Gabon — 0.2%
Gabon Government International Bond
7.000%, 11/24/2031		1,250		1,064
7.000%, 11/24/2031 (A)		700		595
				1,659
Ghana — 1.0%
Ghana Government International Bond
10.750%, 10/14/2030 (A)		1,055		715
10.750%, 10/14/2030		3,904		2,644
8.950%, 03/26/2051		2,095		1,063
8.875%, 05/07/2042		1,691		854
8.750%, 03/11/2061		693		352
8.627%, 06/16/2049		789		396
8.625%, 04/07/2034		3,500		1,785
7.875%, 02/11/2035		1,101		561
7.750%, 04/07/2029 (C)		450		232
7.625%, 05/16/2029 (C)		1,289		659
6.375%, 02/11/2027		281		143
Republic of Ghana Government Bonds
10.000%, 02/02/2038	GHS	518		14
9.850%, 02/03/2037		514		14
9.700%, 02/05/2036		514		14
9.550%, 02/06/2035		513		15
9.400%, 02/07/2034		513		15
9.250%, 02/08/2033		2,207		66
9.100%, 02/10/2032		2,205		69
8.950%, 02/11/2031		7,350		241
8.800%, 02/12/2030		10,163		358
8.650%, 02/13/2029		14,426		553
8.500%, 02/15/2028		3,802		162
8.350%, 02/16/2027		7,701		370
				11,295

50

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Guatemala — 0.6%
CT Trust
5.125%, 02/03/2032 (A)	$	214	$	190
Guatemala Government Bond
7.050%, 10/04/2032 (A)		865		917
6.600%, 06/13/2036 (A)		1,205		1,229
6.600%, 06/13/2036		1,991		2,031
6.125%, 06/01/2050		2,015		1,873
3.700%, 10/07/2033		200		165
				6,405
Honduras — 0.1%
Honduras Government International Bond
6.250%, 01/19/2027		326		314
5.625%, 06/24/2030		1,281		1,137
				1,451
Hong Kong — 0.0%
NWD MTN
4.125%, 07/18/2029		355		270
Hungary — 3.4%
Hungary Government Bond
9.500%, 10/21/2026	HUF	823,270		2,391
6.750%, 10/22/2028		2,810,230		7,693
5.500%, 06/24/2025		313,990		849
4.750%, 11/24/2032		2,082,520		4,980
4.500%, 03/23/2028		1,585,680		4,006
4.500%, 05/27/2032		164,700		388
3.250%, 10/22/2031		243,940		533
3.000%, 10/27/2027		196,970		478
3.000%, 08/21/2030		316,990		704
3.000%, 10/27/2038		707,840		1,283
3.000%, 04/25/2041		349,900		601
2.250%, 04/20/2033		432,020		833
2.000%, 05/23/2029		737,340		1,615
Hungary Government International Bond
6.750%, 09/25/2052 (A)	$	2,045		2,191
6.125%, 05/22/2028 (A)		840		860
6.125%, 05/22/2028		1,894		1,939
5.500%, 03/26/2036 (A)		1,438		1,395
3.125%, 09/21/2051		2,052		1,293
3.125%, 09/21/2051 (A)		299		189
2.125%, 09/22/2031 (A)		1,475		1,168
Magyar Export-Import Bank Zrt
6.000%, 05/16/2029	EUR	279		317
MVM Energetika Zrt
7.500%, 06/09/2028	$	1,000		1,040
				36,746
India — 0.4%
Adani Green Energy UP
6.700%, 03/12/2042 (A)		300		290

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Adani Renewable Energy RJ MTN
4.625%, 10/15/2039	$	657	$	541
Export-Import Bank of India
5.500%, 01/18/2033		621		627
Export-Import Bank of India MTN
3.250%, 01/15/2030		660		592
2.250%, 01/13/2031		415		343
Greenko Power II
4.300%, 12/13/2028		450		412
Power Finance MTN
3.950%, 04/23/2030 (A)		361		329
Reliance Industries
2.875%, 01/12/2032 (A)		550		467
Vedanta Resources Finance II
13.875%, 12/09/2028		681		619
				4,220
Indonesia — 6.1%
Indonesia Asahan Aluminium (A)
5.800%, 05/15/2050		1,165		1,099
4.750%, 05/15/2025		240		237
Indonesia Government International Bond
5.650%, 01/11/2053		2,554		2,669
4.850%, 01/11/2033		1,579		1,561
4.700%, 02/10/2034		338		330
4.650%, 09/20/2032		464		451
4.550%, 01/11/2028		1,995		1,963
4.400%, 03/10/2029		544		531
4.300%, 03/31/2052		311		266
3.550%, 03/31/2032		1,485		1,342
2.850%, 02/14/2030		1,556		1,387
1.400%, 10/30/2031	EUR	841		766
1.300%, 03/23/2034		229		193
1.100%, 03/12/2033		170		145
Indonesia Government International Bond MTN
3.750%, 06/14/2028		487		527
Indonesia Treasury Bond
9.000%, 03/15/2029	IDR	31,550,000		2,192
8.750%, 05/15/2031		20,534,000		1,444
8.375%, 03/15/2034		19,797,000		1,396
8.375%, 04/15/2039		37,880,000		2,710
8.250%, 05/15/2029		23,186,000		1,566
8.250%, 06/15/2032		11,041,000		764
8.250%, 05/15/2036		54,640,000		3,846
8.125%, 05/15/2024		31,802,000		2,009
7.500%, 08/15/2032		20,946,000		1,388
7.500%, 06/15/2035		17,596,000		1,172
7.500%, 05/15/2038		4,149,000		277
7.500%, 04/15/2040		17,705,000		1,177
7.125%, 06/15/2038		55,242,000		3,533
7.125%, 06/15/2042		9,150,000		588
7.125%, 06/15/2043		23,175,000		1,481

SEI Institutional International Trust

51

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
7.000%, 09/15/2030	IDR	44,363,000	$	2,852
7.000%, 02/15/2033		52,929,000		3,404
6.875%, 04/15/2029		62,050,000		3,952
6.875%, 08/15/2051		15,247,000		953
6.625%, 02/15/2034		56,154,000		3,510
6.500%, 06/15/2025		5,895,000		372
6.500%, 02/15/2031		48,565,000		3,035
6.375%, 08/15/2028		39,243,000		2,458
6.375%, 04/15/2032		19,766,000		1,222
6.375%, 07/15/2037		1,500,000		93
5.125%, 04/15/2027		18,428,000		1,120
Medco Bell Pte
6.375%, 01/30/2027 (A)	$	259		252
Minejesa Capital BV
5.625%, 08/10/2037 (A)		995		902
5.625%, 08/10/2037		500		454
Perusahaan Perseroan Persero Perusahaan Listrik Negara
1.875%, 11/05/2031 (A)	EUR	891		792
1.875%, 11/05/2031		250		222
Perusahaan Perseroan Persero Perusahaan Listrik Negara MTN
6.150%, 05/21/2048	$	740		749
6.150%, 05/21/2048 (A)		657		665
4.375%, 02/05/2050 (A)		265		211
3.375%, 02/05/2030		750		673
				66,901
Iraq — 0.1%
Iraq International Bond
5.800%, 01/15/2028		1,268		1,193
Israel — 0.2%
Israel Electric
8.100%, 12/15/2096		1,400		1,590
Israel Government International Bond
4.500%, 04/03/2120		759		566
Leviathan Bond
6.750%, 06/30/2030 (A)		394		364
				2,520
Ivory Coast — 0.8%
Ivory Coast Government International Bond
8.250%, 01/30/2037 (A)		1,400		1,403
6.875%, 10/17/2040	EUR	3,789		3,533
6.625%, 03/22/2048		627		550
6.625%, 03/22/2048		1,879		1,650
5.750%, 12/31/2032 (B)	$	69		66
5.250%, 03/22/2030	EUR	753		756
4.875%, 01/30/2032		370		344
				8,302

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Jamaica — 0.3%
Jamaica Government International Bond
9.625%, 11/03/2030	JMD	378,500	$	2,604
TransJamaican Highway Ltd
5.750%, 10/10/2036		590		522
				3,126
Jordan — 0.4%
Jordan Government International Bond
7.500%, 01/13/2029 (A)	$	1,221		1,217
7.500%, 01/13/2029		555		553
7.375%, 10/10/2047		3,050		2,686
				4,456
Kazakhstan — 0.7%
Kazakhstan Government International Bond
4.875%, 10/14/2044 (C)		1,517		1,443
KazMunayGas National JSC
6.375%, 10/24/2048		700		653
6.375%, 10/24/2048 (A)		1,974		1,840
5.750%, 04/19/2047 (A)		1,802		1,563
5.750%, 04/19/2047		63		55
5.375%, 04/24/2030 (A)		400		392
KazMunayGas National JSC MTN
5.375%, 04/24/2030		200		196
QazaqGaz NC JSC
4.375%, 09/26/2027		726		682
Tengizchevroil Finance International
3.250%, 08/15/2030 (A)		450		364
				7,188
Kenya — 0.4%
Kenya Government International Bond
8.250%, 02/28/2048		2,501		2,146
Republic of Kenya Government International Bond
9.750%, 02/16/2031 (A)		1,684		1,724
Republic of Kenya Infrastructure Bond
18.461%, 08/09/2032	KES	112,000		902
				4,772
Kuwait — 0.0%
NBK Tier 1 Financing 2
4.500%, CMTUSD6Y + 2.832% (A)(D)(H)	$	513		494
Lebanon — 0.2%
Lebanon Government International Bond
8.250%, 05/17/2034 (F)		4,412		287
Lebanon Government International Bond MTN
8.250%, 12/31/2023 (F)		4,494		295
7.000%, 03/20/2028 (F)		2,048		133
6.850%, 05/25/2029 (F)		387		25

52

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.650%, 11/03/2028 (F)	$	2,667	$	174
6.650%, 02/26/2030 (F)		1,870		122
6.600%, 11/27/2026 (F)		1,613		103
6.400%, 05/26/2023 (F)		2,649		159
6.375%, 12/31/2023 (F)		4,989		327
6.150%, 12/31/2023 (F)		2,616		168
6.100%, 10/04/2022 (F)		6,316		394
6.100%, 10/04/2022 (F)		569		35
5.800%, 04/14/2023 (F)		2,787		166
				2,388
Macedonia — 0.1%
North Macedonia Government International Bond
1.625%, 03/10/2028	EUR	1,250		1,171
Malaysia — 5.3%
Khazanah Global Sukuk MTN
4.687%, 06/01/2028	$	749		737
Malaysia Government Bond
5.248%, 09/15/2028	MYR	3,617		815
4.935%, 09/30/2043		1,700		403
4.921%, 07/06/2048		370		87
4.893%, 06/08/2038		8,611		1,995
4.762%, 04/07/2037		2,333		532
4.696%, 10/15/2042		20,584		4,692
4.642%, 11/07/2033		6,800		1,525
4.504%, 04/30/2029		7,760		1,704
4.498%, 04/15/2030		9,992		2,196
4.457%, 03/31/2053		2,400		528
4.392%, 04/15/2026		1,705		367
4.254%, 05/31/2035		8,484		1,846
4.065%, 06/15/2050		10,317		2,137
3.955%, 09/15/2025		15,134		3,225
3.906%, 07/15/2026		14,698		3,138
3.900%, 11/30/2026		3,285		703
3.899%, 11/16/2027		8,750		1,872
3.885%, 08/15/2029		16,672		3,561
3.882%, 03/14/2025		6,763		1,436
3.828%, 07/05/2034		33,619		7,078
3.757%, 05/22/2040		13,110		2,691
3.733%, 06/15/2028		19,480		4,138
3.582%, 07/15/2032		9,154		1,898
3.519%, 04/20/2028		3,800		800
3.502%, 05/31/2027		6,179		1,305
2.632%, 04/15/2031		11,444		2,247
Malaysia Government Investment Issue
4.369%, 10/31/2028		1,200		262
4.119%, 11/30/2034		1,248		269
Petronas Capital MTN
3.500%, 04/21/2030	$	550		504
3.404%, 04/28/2061		1,519		1,041

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
2.480%, 01/28/2032	$	2,612	$	2,176
				57,908
ME — 0.1%
Montenegro Government International Bond
7.250%, 03/12/2031 (A)		836		850
Mexico — 8.0%
America Movil
7.125%, 12/09/2024	MXN	18,110		1,054
Cemex (H)
9.125%, H15T5Y + 5.157% (A)(D)	$	326		354
9.125%, H15T5Y + 5.157% (D)		250		272
5.125%, H15T5Y + 4.534% (A)(D)		200		193
Comision Federal de Electricidad
7.350%, 11/25/2025	MXN	39,785		2,240
6.264%, 02/15/2052 (A)	$	263		229
4.688%, 05/15/2029 (A)		638		600
3.875%, 07/26/2033		300		245
3.348%, 02/09/2031 (A)		391		326
Mexican Bonos
10.000%, 12/05/2024	MXN	35,335		2,111
8.500%, 05/31/2029		139,719		8,148
8.500%, 11/18/2038		108,515		6,077
8.000%, 05/24/2035		10,700		585
8.000%, 11/07/2047		72,718		3,772
8.000%, 07/31/2053		33,575		1,729
7.750%, 05/29/2031		234,395		12,987
7.750%, 11/13/2042		92,486		4,733
7.500%, 06/03/2027		119,361		6,796
7.500%, 05/26/2033		37,394		2,007
7.000%, 09/03/2026		5,728		324
5.750%, 03/05/2026		107,221		5,968
Mexico City Airport Trust
5.500%, 07/31/2047 (A)	$	505		426
Mexico Government International Bond
6.000%, 05/07/2036		948		950
5.000%, 05/07/2029		200		197
2.659%, 05/24/2031		1,719		1,434
Mexico Government International Bond MTN
5.750%, 10/12/2110		2,016		1,758
5.625%, 03/19/2114	GBP	5,200		5,050
Minera Mexico
4.500%, 01/26/2050 (A)	$	418		325
Petroleos Mexicanos
7.690%, 01/23/2050		9,217		6,630
6.950%, 01/28/2060		308		204
6.625%, 06/15/2035		1,550		1,176
6.375%, 01/23/2045		912		588
6.350%, 02/12/2048		678		432
6.350%, 02/12/2048 (A)		130		83

SEI Institutional International Trust

53

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.950%, 01/28/2031	$	470	$	377
Petroleos Mexicanos MTN
6.750%, 09/21/2047		5,822		3,873
Poinsettia Finance
6.625%, 06/17/2031		3,527		2,991
United Mexican States
4.600%, 01/23/2046		1,051		844
				88,088
Mongolia — 0.2%
Mongolia Government International Bond (A)
8.650%, 01/19/2028		1,499		1,579
7.875%, 06/05/2029		539		555
				2,134
Morocco — 0.3%
Morocco Government International Bond
6.500%, 09/08/2033 (A)		740		764
6.500%, 09/08/2033		200		206
5.950%, 03/08/2028 (A)		1,042		1,052
4.000%, 12/15/2050		505		344
3.000%, 12/15/2032		315		253
OCP SA
5.125%, 06/23/2051 (A)		1,611		1,211
				3,830
Mozambique — 0.1%
Mozambique International Bond
9.000%, 09/15/2031 (A)(B)		1,073		918
9.000%, 09/15/2031 (B)		200		170
				1,088
Nigeria — 0.9%
Nigeria Government International Bond
9.248%, 01/21/2049		571		522
8.747%, 01/21/2031		856		826
7.875%, 02/16/2032		923		835
7.696%, 02/23/2038		827		678
Nigeria Government International Bond MTN
8.375%, 03/24/2029		1,153		1,122
8.250%, 09/28/2051		2,390		1,954
7.375%, 09/28/2033		3,305		2,824
6.500%, 11/28/2027 (A)		287		270
Nigeria Treasury Bill
0.000%, 03/27/2025 (G)	NGN	1,272,223		787
				9,818
Oman — 1.2%
EDO Sukuk
5.875%, 09/21/2033 (A)	$	666		677
Oman Government International Bond
7.000%, 01/25/2051		880		925
6.750%, 10/28/2027 (A)		1,094		1,136

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.750%, 10/28/2027	$	4,188	$	4,351
6.750%, 01/17/2048		5,114		5,228
6.500%, 03/08/2047 (A)		611		617
6.500%, 03/08/2047		281		284
				13,218
Pakistan — 0.3%
Pakistan Global Sukuk Programme
7.950%, 01/31/2029		200		174
Pakistan Government International Bond
8.250%, 09/30/2025 (C)		609		571
Pakistan Government International Bond MTN
8.875%, 04/08/2051		3,103		2,329
7.375%, 04/08/2031		216		170
				3,244
Panama — 1.4%
Aeropuerto Internacional de Tocumen
5.125%, 08/11/2061 (A)		311		227
Banco Nacional de Panama
2.500%, 08/11/2030 (A)		228		178
Empresa de Transmision Electrica
5.125%, 05/02/2049 (A)		635		459
Panama Bonos del Tesoro
3.362%, 06/30/2031		2,200		1,743
Panama Government International Bond
9.375%, 04/01/2029		350		391
8.125%, 04/28/2034		478		511
8.000%, 03/01/2038		2,480		2,598
7.875%, 03/01/2057		878		887
7.500%, 03/01/2031		213		221
6.875%, 01/31/2036		224		218
6.853%, 03/28/2054		317		288
6.700%, 01/26/2036		150		146
6.400%, 02/14/2035		2,432		2,294
4.500%, 04/16/2050		3,031		2,042
4.500%, 04/01/2056		2,766		1,799
4.500%, 01/19/2063		1,077		689
2.252%, 09/29/2032		400		285
Telecomunicaciones Digitales
4.500%, 01/30/2030 (A)		208		187
				15,163
Papua New Guinea — 0.0%
Papua New Guinea Government International Bond
8.375%, 10/04/2028		282		265
8.375%, 10/04/2028 (A)		275		259
				524
Paraguay — 0.4%
Paraguay Government International Bond
7.900%, 02/09/2031 (A)	PYG	15,101,000		2,113

54

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.000%, 02/09/2036 (A)	$	200	$	202
5.850%, 08/21/2033 (A)		1,366		1,365
5.600%, 03/13/2048		703		637
5.400%, 03/30/2050		571		502
				4,819
Peru — 3.3%
Atlantica Transmision Sur
6.875%, 04/30/2043 (A)		252		256
Kallpa Generacion
4.125%, 08/16/2027 (A)		723		688
Peru Government Bond
7.300%, 08/12/2033 (A)	PEN	7,651		2,066
6.950%, 08/12/2031		399		107
5.350%, 08/12/2040		2,134		461
Peruvian Government International Bond
8.200%, 08/12/2026		15		4
6.950%, 08/12/2031		10,784		2,904
6.900%, 08/12/2037		1,171		300
6.900%, 08/12/2037		4,839		1,239
6.850%, 02/12/2042		613		157
6.350%, 08/12/2028		1,137		313
6.350%, 08/12/2028		10,151		2,794
6.150%, 08/12/2032		18,201		4,589
5.940%, 02/12/2029		9,481		2,534
5.940%, 02/12/2029		4,955		1,324
5.400%, 08/12/2034		16,237		3,761
5.400%, 08/12/2034		1,243		288
3.600%, 01/15/2072	$	1,200		794
3.230%, 07/28/2121		596		340
2.783%, 01/23/2031		3,274		2,801
1.950%, 11/17/2036	EUR	1,550		1,293
1.250%, 03/11/2033		518		444
Petroleos del Peru
5.625%, 06/19/2047 (A)	$	917		612
5.625%, 06/19/2047		7,887		5,267
4.750%, 06/19/2032 (A)		613		483
				35,819
Philippines — 0.9%
Philippine Government Bond
6.750%, 09/15/2032	PHP	25,940		476
6.625%, 08/17/2033		10,540		192
6.250%, 01/25/2034		31,170		555
Philippine Government International Bond
5.500%, 01/17/2048	$	1,052		1,068
5.170%, 10/13/2027		499		501
5.000%, 07/17/2033		1,140		1,140
2.950%, 05/05/2045		824		573
2.650%, 12/10/2045		1,548		1,026
1.950%, 01/06/2032		4,395		3,536
1.750%, 04/28/2041	EUR	302		228

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
1.648%, 06/10/2031	$	573	$	457
				9,752
Poland — 4.0%
Bank Gospodarstwa Krajowego
6.250%, 10/31/2028		200		208
Bank Gospodarstwa Krajowego MTN
5.375%, 05/22/2033		209		208
5.125%, 02/22/2033	EUR	805		944
Republic of Poland Government Bond
7.500%, 07/25/2028	PLN	28,025		7,609
6.000%, 10/25/2033		7,620		1,988
3.750%, 05/25/2027		11,212		2,696
2.750%, 04/25/2028		156		36
2.750%, 10/25/2029		5,286		1,168
2.500%, 07/25/2026		15,853		3,752
2.500%, 07/25/2027		6,719		1,550
1.750%, 04/25/2032		36,625		7,039
1.250%, 10/25/2030		15,218		2,974
Republic of Poland Government International Bond
5.500%, 11/16/2027	$	87		89
5.500%, 04/04/2053		1,272		1,267
5.500%, 03/18/2054		3,754		3,726
5.125%, 09/18/2034		3,084		3,074
4.875%, 10/04/2033		4,131		4,064
4.625%, 03/18/2029		1,206		1,198
4.125%, 01/11/2044	EUR	223		245
3.625%, 01/11/2034		260		280
				44,115
Qatar — 0.6%
Qatar Government International Bond
4.817%, 03/14/2049	$	2,650		2,480
4.500%, 04/23/2028		3,905		3,901
QatarEnergy (A)
3.300%, 07/12/2051		234		165
3.125%, 07/12/2041		292		218
				6,764
Romania — 2.3%
Romania Government Bond
8.750%, 10/30/2028	RON	2,015		480
8.000%, 04/29/2030		3,085		723
7.900%, 02/24/2038		615		148
7.350%, 04/28/2031		1,155		263
6.700%, 02/25/2032		9,220		2,022
4.750%, 10/11/2034		1,265		237
3.250%, 06/24/2026		3,585		736
2.500%, 10/25/2027		2,450		471
Romanian Government International Bond
7.125%, 01/17/2033 (A)	$	1,816		1,940
7.125%, 01/17/2033		192		205
6.375%, 01/30/2034 (A)		3,292		3,334

SEI Institutional International Trust

55

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.875%, 01/30/2029 (A)	$	890	$	889
5.000%, 02/12/2029	RON	1,645		338
4.000%, 02/14/2051	$	1,382		976
3.000%, 02/14/2031 (A)		600		503
Romanian Government International Bond MTN
7.625%, 01/17/2053		2,700		2,989
6.375%, 09/18/2033	EUR	665		769
5.625%, 02/22/2036 (A)		1,000		1,079
5.625%, 02/22/2036		653		704
3.875%, 10/29/2035		850		792
3.750%, 02/07/2034		3,544		3,356
2.875%, 04/13/2042		297		219
2.124%, 07/16/2031		158		139
2.000%, 01/28/2032		640		549
2.000%, 04/14/2033		1,385		1,146
				25,007
Russia — 0.1%
Russian Foreign Bond - Eurobond
7.500%, 03/31/2030	$	–		–
Serbia International Bond
6.500%, 09/26/2033 (A)		286		292
6.500%, 09/26/2033		200		204
6.250%, 05/26/2028 (A)		426		434
Vnesheconombank Via VEB Finance
6.800%, 11/22/2025		580		37
6.800%, 11/22/2025 (A)		150		7
				974
Rwanda — 0.0%
Rwanda International Government Bond
5.500%, 08/09/2031		200		162
Saudi Arabia — 1.4%
Acwa Power Management And Investments One
5.950%, 12/15/2039		2,299		2,234
Gaci First Investment
5.375%, 01/29/2054		2,183		1,939
4.875%, 02/14/2035		467		445
Saudi Government International Bond
4.750%, 01/16/2030 (A)		5,223		5,163
Saudi Government International Bond MTN
5.000%, 04/17/2049		274		249
5.000%, 01/18/2053		2,900		2,590
4.625%, 10/04/2047 (A)		1,883		1,620
2.250%, 02/02/2033		1,138		916
				15,156
Senegal — 0.1%
Senegal Government International Bond
6.750%, 03/13/2048		1,617		1,197

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.375%, 06/08/2037	EUR	580	$	454
				1,651
Serbia — 0.4%
Serbia International Bond
2.125%, 12/01/2030	$	729		577
1.650%, 03/03/2033	EUR	522		420
1.500%, 06/26/2029		1,698		1,546
Serbia International Bond MTN
2.050%, 09/23/2036		1,789		1,350
Serbia Treasury Bonds
5.875%, 02/08/2028	RSD	43,860		417
4.500%, 01/11/2026		15,250		139
4.500%, 08/20/2032		10,270		86
				4,535
South Africa — 7.2%
Bidvest Group UK PLC
3.625%, 09/23/2026 (A)	$	344		319
Eskom Holdings SOC
4.314%, 07/23/2027		1,189		1,092
Eskom Holdings SOC MTN
8.450%, 08/10/2028 (A)		977		969
7.500%, 09/15/2033	ZAR	35,000		1,290
Republic of South Africa
10.500%, 12/21/2026		155,868		8,445
9.000%, 01/31/2040		160,821		6,264
8.875%, 02/28/2035		61,186		2,576
8.750%, 01/31/2044		231,254		8,541
8.750%, 02/28/2048		198,735		7,247
8.500%, 01/31/2037		172,477		6,715
8.250%, 03/31/2032		46,090		2,030
8.000%, 01/31/2030		200,742		9,413
7.000%, 02/28/2031		147,150		6,258
6.500%, 02/28/2041		116,618		3,514
6.250%, 03/31/2036		95,337		3,130
5.750%, 09/30/2049	$	7,402		5,360
5.650%, 09/27/2047		946		686
4.850%, 09/27/2027		420		398
Republic of South Africa Government International Bond
7.300%, 04/20/2052		2,486		2,150
5.875%, 04/20/2032		1,013		912
Sasol Financing USA
8.750%, 05/03/2029 (A)		295		300
6.500%, 09/27/2028		360		345
4.375%, 09/18/2026		351		331
Transnet SOC
8.250%, 02/06/2028 (A)		788		783
				79,068
South Korea — 0.1%
Export-Import Bank of Korea MTN
8.000%, 05/15/2024	IDR	8,800,000		555

56

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
7.250%, 12/07/2024	IDR	700,000	$	44
				599
Sri Lanka — 1.0%
Sri Lanka Government Bonds
11.500%, 12/15/2028	LKR	125,000		407
Sri Lanka Government International Bond
7.850%, 03/14/2029	$	1,298		763
7.550%, 03/28/2030		834		488
6.850%, 03/14/2024		512		301
6.850%, 11/03/2025 (C)		2,009		1,195
6.825%, 07/18/2026 (A)(C)		909		541
6.825%, 07/18/2026		500		297
6.750%, 04/18/2028 (A)		4,098		2,407
6.750%, 04/18/2028		4,048		2,378
6.200%, 05/11/2027		1,924		1,130
5.750%, 04/18/2023		630		370
Sri Lanka Treasury Bills
0.000%, 09/20/2024 (G)	LKR	125,000		398
				10,675
Supranational — 0.3%
Asian Development Bank MTN
0.000%, 04/20/2043 (G)	MXN	7,000		71
International Bank for Reconstruction & Development MTN
6.750%, 07/13/2029	INR	182,600		2,167
6.500%, 04/17/2030		65,000		761
				2,999
Supra-National — 0.8%
Africa Finance
2.875%, 04/28/2028 (A)	$	1,506		1,321
African Export-Import Bank
3.798%, 05/17/2031 (A)		200		170
African Export-Import Bank MTN
3.994%, 09/21/2029 (A)		363		325
Asian Development Bank MTN
13.000%, 03/07/2025	COP	1,989,000		521
12.750%, 03/03/2025		3,183,000		838
11.200%, 01/31/2025		1,764,000		452
Asian Infrastructure Investment Bank MTN
0.000%, 02/08/2038 (G)	MXN	15,200		254
Banque Ouest Africaine de Developpement
5.000%, 07/27/2027 (A)	$	865		818
4.700%, 10/22/2031		280		241
4.700%, 10/22/2031 (A)		233		200
European Bank for Reconstruction & Development MTN
5.200%, 05/28/2024	IDR	11,593,600		729
International Finance Corp MTN
0.000%, 08/16/2028 (G)	COP	16,480,000		2,875
				8,744

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Suriname — 0.1%
Suriname Government International Bond
7.950%, 07/15/2033 (A)	$	1,402	$	1,281
Tajikistan — 0.0%
Republic of Tajikistan International Bond
7.125%, 09/14/2027		300		276
Thailand — 2.8%
Thailand Government Bond
3.450%, 06/17/2043	THB	85,880		2,496
3.400%, 06/17/2036		63,208		1,862
3.390%, 06/17/2037		40,300		1,185
3.350%, 06/17/2033		283,174		8,263
3.300%, 06/17/2038		74,684		2,174
2.800%, 06/17/2034		6,493		182
2.750%, 06/17/2052		1,861		46
2.650%, 06/17/2028		340,699		9,494
2.400%, 03/17/2029		43,759		1,206
2.000%, 06/17/2042		81,320		1,950
1.250%, 03/12/2028		56,563		1,646
				30,504
Trinidad & Tobago — 0.1%
Trinidad & Tobago Government International Bond
5.950%, 01/14/2031 (A)	$	765		767
Tunisia — 0.1%
Tunisian Republic
6.375%, 07/15/2026 (A)	EUR	600		544
6.375%, 07/15/2026		599		543
5.750%, 01/30/2025	$	309		291
				1,378
Turkey — 2.1%
Hazine Mustesarligi Varlik Kiralama
8.509%, 01/14/2029 (A)		3,793		4,011
Istanbul Metropolitan Municipality
10.500%, 12/06/2028 (A)		600		642
10.500%, 12/06/2028		221		236
Turkiye Government Bond
31.080%, 11/08/2028	TRY	19,991		646
26.200%, 10/05/2033		46,271		1,484
17.800%, 07/13/2033		9,295		222
17.300%, 07/19/2028		34,054		809
1.500%, 06/18/2025		12,424		1,669
Turkiye Government International Bond
9.375%, 03/14/2029	$	558		606
9.125%, 07/13/2030		959		1,037
7.625%, 05/15/2034		3,476		3,485
7.375%, 02/05/2025		253		257
5.875%, 05/21/2030	EUR	662		711

SEI Institutional International Trust

57

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.750%, 05/11/2047	$	8,485	$	6,438
Turkiye Ihracat Kredi Bankasi (A)
9.375%, 01/31/2026		367		384
7.500%, 02/06/2028		246		247
Turkiye Vakiflar Bankasi TAO
9.000%, 10/12/2028 (A)		368		386
				23,270
Uganda — 0.5%
Republic of Uganda Government Bonds
16.000%, 05/14/2037	UGX	3,397,200		862
15.000%, 05/20/2032		10,975,900		2,731
14.250%, 06/22/2034		3,800,000		895
14.000%, 05/29/2025		1,793,400		464
				4,952
Ukraine — 0.9%
NAK Naftogaz Ukraine via Kondor Finance
7.125%, 07/19/2026	EUR	720		469
NPC Ukrenergo
6.875%, 11/09/2026 (A)	$	731		273
State Agency of Roads of Ukraine
6.250%, 06/24/2030 (A)		363		104
Ukraine Government Bond
15.840%, 02/26/2025	UAH	66,553		1,158
9.990%, 05/22/2024		89,181		1,552
Ukraine Government International Bond
9.750%, 11/01/2030	$	497		173
7.750%, 09/01/2026 (A)		2,720		882
7.750%, 09/01/2027 (A)		2,445		806
7.750%, 09/01/2028		2,383		773
7.750%, 09/01/2029		845		274
7.750%, 08/01/2041 (A)(D)		1,306		721
7.750%, 08/01/2041 (D)		990		547
7.375%, 09/25/2034		2,206		634
7.253%, 03/15/2035		1,175		336
6.876%, 05/21/2031		3,301		956
6.876%, 05/21/2031 (A)		281		81
6.750%, 06/20/2028	EUR	1,299		421
				10,160
United Arab Emirates — 1.1%
Abu Dhabi Crude Oil Pipeline
4.600%, 11/02/2047	$	1,010		905
4.600%, 11/02/2047 (A)		558		500
Abu Dhabi Government International Bond
3.125%, 09/30/2049		1,049		735
Abu Dhabi Government International Bond MTN
3.000%, 09/15/2051 (A)(C)		519		352
1.700%, 03/02/2031		3,905		3,238
1.625%, 06/02/2028		200		177

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Emirate of Dubai Government International Bonds MTN
3.900%, 09/09/2050	$	490	$	362
Finance Department Government of Sharjah MTN (A)
6.125%, 03/06/2036		566		570
4.000%, 07/28/2050		1,904		1,252
Galaxy Pipeline Assets Bidco (A)
2.940%, 09/30/2040		358		287
2.625%, 03/31/2036		370		301
MDGH GMTN RSC
5.875%, 05/01/2034 (A)		2,397		2,548
5.500%, 04/28/2033		1,062		1,097
MDGH GMTN RSC MTN
3.950%, 05/21/2050		200		157
				12,481
United States — 0.5%
Dominican Republic International Bond
13.625%, 02/03/2033 (A)	DOP	8,000		163
Israel Government International Bond
5.750%, 03/12/2054	$	2,098		2,008
5.500%, 03/12/2034		641		633
JPMorgan Chase Bank MTN
7.000%, 09/18/2030 (A)(D)	IDR	32,433,000		2,085
Sagicor Financial
5.300%, 05/13/2028	$	320		305
				5,194
Uruguay — 0.9%
Uruguay Government International Bond
9.750%, 07/20/2033	UYU	162,778		4,534
8.500%, 03/15/2028		11,398		298
5.750%, 10/28/2034	$	3,024		3,189
5.100%, 06/18/2050		201		194
4.975%, 04/20/2055 (C)		713		669
4.375%, 01/23/2031		465		455
				9,339
Uzbekistan — 0.4%
Republic of Uzbekistan International Bond
3.900%, 10/19/2031		934		770
Uzauto Motors AJ
4.850%, 05/04/2026		1,319		1,218
4.850%, 05/04/2026 (A)		1,310		1,209
Uzbekneftegaz JSC
4.750%, 11/16/2028		900		753
4.750%, 11/16/2028 (A)		592		496
				4,446
Venezuela — 0.5%
Petroleos de Venezuela
9.750%, 05/17/2035 (F)		2,300		253
9.000%, 11/17/2021 (F)		4,300		430

58

SEI Institutional International Trust

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.000%, 05/16/2024 (F)	$	7,785	$	704
6.000%, 05/16/2024 (F)		4,692		425
6.000%, 11/15/2026 (F)		12,470		1,148
5.500%, 04/12/2037 (F)		1,740		157
5.375%, 04/12/2027 (F)		1,563		143
Venezuela Government International Bond
9.250%, 05/07/2028 (F)		2,941		468
9.000%, 05/07/2024		3,800		544
8.250%, 10/13/2024 (F)		3,304		464
7.750%, 10/13/2019 (F)		6,276		844
				5,580
Vietnam — 0.1%
Mong Duong Finance Holdings BV
5.125%, 05/07/2029 (A)		1,084		1,033
Zambia — 1.1%
Zambia Government Bond
13.000%, 08/29/2026	ZMW	1,375		46
13.000%, 12/18/2027		5,630		176
13.000%, 01/25/2031		64,042		1,668
12.000%, 02/21/2029		5,000		142
11.000%, 01/25/2026		18,620		640
11.000%, 06/28/2026		78,885		2,585
11.000%, 08/21/2028		10,000		276
10.000%, 06/28/2024		47,905		1,922
Zambia Government International Bond
8.970%, 07/30/2027	$	2,811		2,061
8.500%, 04/14/2024		560		413

Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.375%, 09/20/2023 (A)	$	369	$	243
5.375%, 09/20/2024		3,190		2,106
				12,278
Total Global Bonds
(Cost $1,075,445) ($ Thousands)				1,037,854
U.S. TREASURY OBLIGATIONS — 1.6%
U.S. Treasury Note
5.546%, USBMMY3M + 0.245%, 01/31/2026 (D)		10,500		10,511
3.125%, 08/31/2029		6,900		6,532
Total U.S. Treasury Obligations
(Cost $16,906) ($ Thousands)				17,043
	Shares
AFFILIATED PARTNERSHIP — 0.8%
SEI Liquidity Fund, LP
5.340% **†(I)		8,913,870		8,912
Total Affiliated Partnership
(Cost $8,914) ($ Thousands)				8,912
Total Investments in Securities — 97.1%
(Cost $1,101,265) ($ Thousands)			$	1,063,809

A list of the open futures contracts held by the Fund at March 31, 2024, is as follows:

Type of Contract	Number of Contracts			Expiration Date		Notional Amount (Thousands)			Value (Thousands)			Unrealized Appreciation (Depreciation)(Thousands)
Long Contracts
Euro-Bobl		39			Jun-2024	$	4,987		$	4,981		$	22
Korea 10-Year Bond		64			Jun-2024		5,463			5,400			7
Korea 3-Year Bond		265			Jun-2024		20,967			20,637			(8	)
U.S. 2-Year Treasury Note		49			Jun-2024		10,028			10,020			(8	)
U.S. 5-Year Treasury Note		103			Jun-2024		11,047			11,023			(24	)
U.S. 10-Year Treasury Note		84			Jun-2024		9,284			9,307			23
U.S. Long Treasury Bond		43			Jun-2024		5,077			5,179			102
U.S. Ultra Long Treasury Bond		16			Jun-2024		2,020			2,064			44
							68,873			68,611			158
Short Contracts
Euro-Bund		(111	)		Jun-2024	$	(15,952	)	$	(15,989	)	$	(131	)
Euro-Buxl		(20	)		Jun-2024		(2,886	)		(2,933	)		(63	)
Euro-Schatz		(5	)		Jun-2024		(574	)		(571	)		–
							(19,412	)		(19,493	)		(194	)
						$	49,461		$	49,118		$	(36	)

SEI Institutional International Trust

59

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

A list of the open forward foreign currency contracts held by the Fund at March 31, 2024, is as follows:

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Barclays PLC		04/03/24		USD	317		EUR	292	$	(2	)
Barclays PLC		04/03/24		EUR	1,743		USD	1,896		15
Barclays PLC		04/10/24		USD	640		HKD	5,000		(1	)
Barclays PLC		04/18/24		USD	2,283		TRY	74,800		(21	)
Barclays PLC		04/18/24		TRY	69,000		USD	2,038		(49	)
Barclays PLC		05/02/24		COP	2,244,018		USD	559		(19	)
Barclays PLC		05/23/24		USD	1,323		BRL	6,588		(13	)
Barclays PLC		06/20/24		USD	351		EUR	320		(4	)
Barclays PLC		06/20/24		USD	2,030		TRY	73,910		53
Barclays PLC		06/20/24		EUR	3,138		PLN	13,497		(17	)
Barclays PLC		06/20/24		USD	3,612		MXN	61,620		49
Barclays PLC		06/20/24		USD	8,438		RON	38,410		(97	)
Barclays PLC		09/18/24		USD	1,844		TRY	73,910		34
Barclays PLC		03/19/25		USD	2,733		TRY	133,680		105
BNP Paribas		04/04/24		EUR	724		CZK	18,368		3
BNP Paribas		04/05/24		USD	2,086		THB	70,863		(143	)
BNP Paribas		04/18/24		THB	45,729		USD	1,272		17
BNP Paribas		05/09/24		CNY	14,412		USD	2,012		(13	)
BNP Paribas		05/09/24		INR	73,559		USD	884		2
BNP Paribas		05/16/24		USD	302		COP	1,193,901		5
BNP Paribas		06/20/24		USD	228		IDR	3,621,950		—
BNP Paribas		06/20/24		CNY	11,867		USD	1,640		(29	)
BNP Paribas		06/20/24		PHP	73,081		USD	1,309		9
BNP Paribas		01/09/25		TRY	12,523		USD	294		11
Citigroup		04/02/24		USD	482		EGP	21,166		(36	)
Citigroup		04/02/24		EGP	24,901		USD	638		113
Citigroup		04/03/24		USD	419		BRL	2,078		(4	)
Citigroup		04/03/24		PLN	1,283		EUR	297		(2	)
Citigroup		04/03/24		EUR	1,820		USD	1,976		11
Citigroup		04/03/24		USD	3,285		EUR	3,019		(24	)
Citigroup		04/04/24		EUR	865		USD	936		2
Citigroup		04/04/24		USD	2,250		CLP	2,221,380		14
Citigroup		04/04/24		CLP	1,444,416		USD	1,496		23
Citigroup		04/05/24		THB	291		USD	8		—
Citigroup		04/08/24		INR	124,651		USD	1,495		—
Citigroup		04/18/24		RON	3,256		EUR	652		(3	)
Citigroup		04/18/24		EUR	3,509		RON	17,514		15
Citigroup		04/25/24		SGD	1,084		USD	810		6
Citigroup		05/02/24		USD	201		COP	796,291		5
Citigroup		05/03/24		USD	1,790		EUR	1,652		(4	)
Citigroup		05/09/24		USD	2,284		CNY	16,369		16
Citigroup		05/13/24		EUR	748		HUF	299,725		11
Citigroup		05/13/24		HUF	1,475,777		EUR	3,717		(15	)
Citigroup		05/16/24		USD	815		COP	3,159,522		(3	)
Citigroup		05/20/24		USD	1,524		ARS	1,440,000		37
Citigroup		05/23/24		USD	436		BRL	2,188		(1	)
Citigroup		06/03/24		USD	1,572		INR	131,348		1

60

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Citigroup		06/04/24		BRL	2,150		USD	429	$	2
Citigroup		06/04/24		USD	6,338		BRL	31,927		3
Citigroup		06/04/24		USD	4,633		BRL	23,160		(33	)
Citigroup		06/18/24		USD	1,563		ARS	1,560,040		34
Citigroup		06/20/24		USD	250		RON	1,150		—
Citigroup		06/20/24		USD	304		ZAR	5,800		—
Citigroup		06/20/24		USD	828		MXN	14,018		5
Citigroup		06/20/24		EUR	1,493		PLN	6,436		(5	)
Citigroup		06/20/24		USD	1,913		PLN	7,540		(23	)
Citigroup		06/20/24		USD	2,861		IDR	44,901,663		(37	)
Citigroup		06/20/24		USD	3,029		CNY	21,690		22
Citigroup		06/20/24		PLN	3,950		USD	990		—
Citigroup		06/20/24		USD	4,142		CZK	95,810		(48	)
Citigroup		06/20/24		USD	4,856		KRW	6,432,580		(67	)
Citigroup		06/20/24		EUR	6,475		USD	7,107		92
Citigroup		06/20/24		CNY	12,042		USD	1,683		(11	)
Citigroup		06/20/24		ZMW	27,587		USD	1,036		(44	)
Citigroup		06/20/24		CZK	18,986		EUR	751		2
Citigroup		06/20/24		CZK	20,208		EUR	796		(2	)
Citigroup		06/20/24		ZAR	49,307		USD	2,618		30
Citigroup		06/20/24		ZAR	6,843		USD	359		—
Citigroup		06/20/24		THB	255,050		USD	7,202		164
Citigroup		06/20/24		HUF	1,579,363		USD	4,311		(1	)
Citigroup		06/20/24		UGX	12,979,274		USD	3,263		(35	)
Citigroup		06/21/24		CLP	2,236,534		USD	2,307		31
Citigroup		07/26/24		USD	1,071		NGN	1,331,399		(113	)
Citigroup		11/20/24		USD	883		NGN	1,474,867		139
Citigroup		01/22/25		USD	1,052		EGP	51,823		(57	)
Citigroup		01/22/25		EGP	19,081		USD	334		(32	)
Citigroup		02/13/25		USD	524		NGN	907,460		89
Deutsche Bank		04/03/24		BRL	1,701		USD	346		7
Deutsche Bank		04/11/24		USD	1,026		THB	36,422		(27	)
Deutsche Bank		04/18/24		USD	261		EUR	240		(1	)
Deutsche Bank		05/23/24		USD	1,398		BRL	7,007		(4	)
Deutsche Bank		06/25/24		TWD	25,637		USD	810		4
Goldman Sachs		04/03/24		EUR	2,679		USD	2,907		14
Goldman Sachs		04/03/24		USD	3,169		EUR	2,899		(39	)
Goldman Sachs		04/03/24		BRL	3,882		USD	779		3
Goldman Sachs		04/04/24		THB	27,960		USD	779		13
Goldman Sachs		04/08/24		INR	40,552		USD	488		2
Goldman Sachs		04/15/24		USD	1,035		KRW	1,354,208		(29	)
Goldman Sachs		04/16/24		USD	1,035		INR	86,178		(2	)
Goldman Sachs		04/18/24		PEN	3,398		USD	918		5
Goldman Sachs		05/09/24		USD	2,016		INR	167,921		(4	)
Goldman Sachs		05/16/24		USD	341		CLP	331,285		(4	)
Goldman Sachs		05/16/24		CLP	796,743		USD	838		27
Goldman Sachs		05/16/24		COP	17,960,323		USD	4,559		(58	)
Goldman Sachs		05/23/24		BRL	20,437		USD	4,100		36
Goldman Sachs		06/03/24		USD	13,922		BRL	69,685		(80	)

SEI Institutional International Trust

61

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Goldman Sachs		06/04/24		USD	18,941		BRL	95,499	$	27
Goldman Sachs		06/20/24		USD	1,061		KRW	1,409,362		(12	)
Goldman Sachs		06/20/24		EUR	1,139		PLN	4,936		3
Goldman Sachs		06/20/24		USD	3,853		PLN	15,190		(46	)
Goldman Sachs		06/20/24		USD	3,558		MXN	60,760		52
Goldman Sachs		06/20/24		USD	410		MXN	6,876		(1	)
Goldman Sachs		06/20/24		USD	6,334		THB	225,441		(113	)
Goldman Sachs		06/20/24		USD	11,629		SGD	15,530		(77	)
Goldman Sachs		06/20/24		USD	13,298		INR	1,107,118		(47	)
Goldman Sachs		06/20/24		CNY	37,100		USD	5,194		(25	)
Goldman Sachs		06/20/24		CZK	45,970		USD	1,989		25
Goldman Sachs		06/20/24		MXN	83,620		USD	4,943		(26	)
Goldman Sachs		06/20/24		THB	98,510		USD	2,763		45
Goldman Sachs		06/20/24		ZAR	209,860		USD	11,131		118
Goldman Sachs		06/20/24		INR	257,279		USD	3,093		14
Goldman Sachs		06/20/24		TWD	331,050		USD	10,607		209
Goldman Sachs		06/20/24		IDR	43,681,333		USD	2,762		16
Goldman Sachs		01/09/25		USD	754		TRY	31,627		(39	)
Goldman Sachs		03/24/25		USD	875		TRY	40,895		(11	)
JPMorgan Chase Bank		04/02/24		USD	86		EGP	3,735		(7	)
JPMorgan Chase Bank		04/03/24		EUR	722		PLN	3,109		—
JPMorgan Chase Bank		04/03/24		BRL	5,562		USD	1,126		14
JPMorgan Chase Bank		04/08/24		MYR	3,811		USD	804		—
JPMorgan Chase Bank		04/11/24		THB	71,654		USD	2,063		98
JPMorgan Chase Bank		04/12/24		USD	750		INR	62,286		(3	)
JPMorgan Chase Bank		04/12/24		INR	9,121		USD	110		—
JPMorgan Chase Bank		04/15/24		USD	43		ZAR	802		—
JPMorgan Chase Bank		04/15/24		USD	2,385		PHP	132,908		(20	)
JPMorgan Chase Bank		04/15/24		HUF	181,134		USD	517		21
JPMorgan Chase Bank		04/15/24		ZAR	321,177		USD	16,958		13
JPMorgan Chase Bank		04/15/24		ZAR	27,165		USD	1,419		(14	)
JPMorgan Chase Bank		04/17/24		USD	103		PEN	380		(1	)
JPMorgan Chase Bank		04/17/24		PEN	5,184		USD	1,398		5
JPMorgan Chase Bank		04/18/24		EUR	290		RON	1,445		—
JPMorgan Chase Bank		04/18/24		USD	331		THB	11,606		(12	)
JPMorgan Chase Bank		04/18/24		USD	378		GBP	300		1
JPMorgan Chase Bank		04/18/24		RON	444		EUR	89		—
JPMorgan Chase Bank		04/18/24		TRY	5,800		USD	177		1
JPMorgan Chase Bank		04/24/24		EUR	200		USD	216		—
JPMorgan Chase Bank		04/24/24		EUR	300		USD	324		(1	)
JPMorgan Chase Bank		04/24/24		USD	1,296		IDR	20,422,857		(10	)
JPMorgan Chase Bank		04/24/24		IDR	52,394,122		USD	3,341		40
JPMorgan Chase Bank		04/25/24		USD	820		KRW	1,084,621		(14	)
JPMorgan Chase Bank		04/26/24		USD	1,749		IDR	27,401,361		(23	)
JPMorgan Chase Bank		04/26/24		USD	3,199		COP	12,486,339		21
JPMorgan Chase Bank		04/26/24		COP	1,463,112		USD	370		(7	)
JPMorgan Chase Bank		05/02/24		USD	985		INR	82,103		—
JPMorgan Chase Bank		05/02/24		USD	1,308		COP	5,200,000		32
JPMorgan Chase Bank		05/02/24		COP	1,716,168		USD	424		(18	)

62

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
JPMorgan Chase Bank		05/06/24		USD	2,234		PHP	125,982	$	8
JPMorgan Chase Bank		05/06/24		IDR	124,958,864		USD	8,000		134
JPMorgan Chase Bank		05/13/24		PLN	184		USD	46		—
JPMorgan Chase Bank		05/13/24		RON	189		USD	41		—
JPMorgan Chase Bank		05/13/24		USD	643		MXN	11,124		22
JPMorgan Chase Bank		05/13/24		USD	1,445		PLN	5,795		8
JPMorgan Chase Bank		05/13/24		USD	1,902		RON	8,767		3
JPMorgan Chase Bank		05/13/24		ZAR	7,492		USD	393		(1	)
JPMorgan Chase Bank		05/13/24		USD	501		ZAR	9,522		—
JPMorgan Chase Bank		05/13/24		USD	17,377		ZAR	328,106		(104	)
JPMorgan Chase Bank		05/13/24		MXN	236,943		USD	13,615		(551	)
JPMorgan Chase Bank		05/13/24		HUF	373,333		EUR	941		(3	)
JPMorgan Chase Bank		05/20/24		USD	949		PHP	53,258		(2	)
JPMorgan Chase Bank		05/20/24		BRL	2,281		USD	458		4
JPMorgan Chase Bank		05/20/24		USD	6,768		BRL	33,985		(9	)
JPMorgan Chase Bank		05/20/24		PHP	7,468		USD	133		—
JPMorgan Chase Bank		05/20/24		USD	9,345		KRW	12,341,397		(171	)
JPMorgan Chase Bank		05/20/24		CLP	235,908		USD	241		1
JPMorgan Chase Bank		05/20/24		KRW	255,973		USD	193		3
JPMorgan Chase Bank		05/21/24		USD	2,364		HUF	857,987		(18	)
JPMorgan Chase Bank		05/21/24		HUF	94,221		USD	261		4
JPMorgan Chase Bank		06/03/24		USD	622		PHP	34,648		(6	)
JPMorgan Chase Bank		06/03/24		USD	6,390		CNY	45,663		34
JPMorgan Chase Bank		06/10/24		USD	178		BRL	898		1
JPMorgan Chase Bank		06/10/24		USD	2,815		THB	100,365		(48	)
JPMorgan Chase Bank		06/10/24		USD	63		HUF	23,000		—
JPMorgan Chase Bank		06/10/24		USD	3,027		HUF	1,107,891		(1	)
JPMorgan Chase Bank		06/10/24		HUF	44,896		USD	123		—
JPMorgan Chase Bank		06/10/24		BRL	57,424		USD	11,446		48
JPMorgan Chase Bank		06/10/24		KRW	528,690		USD	398		4
JPMorgan Chase Bank		06/10/24		CLP	1,085,316		USD	1,120		16
JPMorgan Chase Bank		06/11/24		CNY	36,585		USD	5,106		(41	)
JPMorgan Chase Bank		06/20/24		EUR	450		PLN	1,938		(2	)
JPMorgan Chase Bank		06/20/24		EUR	515		CZK	13,068		—
JPMorgan Chase Bank		06/20/24		USD	732		MXN	12,509		11
JPMorgan Chase Bank		06/20/24		USD	796		GHS	10,600		(34	)
JPMorgan Chase Bank		06/20/24		USD	864		KRW	1,131,950		(21	)
JPMorgan Chase Bank		06/20/24		USD	1,147		IDR	17,864,390		(24	)
JPMorgan Chase Bank		06/20/24		PLN	1,168		EUR	270		—
JPMorgan Chase Bank		06/20/24		MYR	4,559		USD	970		9
JPMorgan Chase Bank		06/20/24		CNY	5,192		USD	727		(4	)
JPMorgan Chase Bank		06/20/24		USD	7,511		CNY	53,714		45
JPMorgan Chase Bank		06/20/24		IDR	50,976,537		USD	3,243		38
JPMorgan Chase Bank		06/25/24		TWD	25,696		USD	812		4
JPMorgan Chase Bank		06/25/24		THB	29,126		USD	812		8
JPMorgan Chase Bank		02/10/25		USD	535		NGN	807,563		11
JPMorgan Chase Bank		03/19/25		USD	1,730		PKR	576,145		190
Merrill Lynch		08/02/24		USD	1,443		KES	225,900		243
Midland Walwyn Capital Inc.		04/03/24		EUR	722		PLN	3,110		—

SEI Institutional International Trust

63

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Midland Walwyn Capital Inc.		04/03/24		BRL	2,879		USD	577	$	2
Midland Walwyn Capital Inc.		04/04/24		EUR	725		HUF	286,135		1
Midland Walwyn Capital Inc.		04/08/24		USD	995		MYR	4,696		(3	)
Midland Walwyn Capital Inc.		04/12/24		USD	788		MYR	3,689		(10	)
Midland Walwyn Capital Inc.		04/12/24		MYR	5,631		USD	1,190		1
Midland Walwyn Capital Inc.		04/18/24		THB	9,385		USD	262		5
Midland Walwyn Capital Inc.		05/13/24		HUF	598,433		EUR	1,507		(7	)
Midland Walwyn Capital Inc.		06/20/24		USD	394		MYR	1,850		(4	)
Midland Walwyn Capital Inc.		06/20/24		MYR	1,158		USD	246		2
Midland Walwyn Capital Inc.		06/20/24		CNY	1,495		USD	209		(2	)
Midland Walwyn Capital Inc.		06/20/24		THB	55,692		USD	1,563		26
Morgan Stanley		04/03/24		USD	16,433		BRL	81,631		(126	)
Morgan Stanley		04/05/24		THB	72,039		USD	2,078		103
Morgan Stanley		04/10/24		HKD	70,700		USD	9,070		34
Morgan Stanley		04/18/24		USD	381		GBP	300		(2	)
Morgan Stanley		04/18/24		GBP	4,600		USD	5,825		14
Morgan Stanley		04/24/24		USD	3,152		EUR	2,900		(17	)
Morgan Stanley		04/24/24		EUR	8,950		USD	9,744		69
Morgan Stanley		04/24/24		JPY	78,000		USD	526		8
Morgan Stanley		05/02/24		COP	16,696,936		USD	4,198		(105	)
Morgan Stanley		05/20/24		USD	540		CNY	3,875		5
Morgan Stanley		06/20/24		ZAR	14,482		USD	759		—
Morgan Stanley		06/28/24		ZAR	37,300		USD	1,950		(6	)
SCB Securities		04/04/24		USD	795		THB	28,080		(25	)
SCB Securities		04/05/24		USD	1,030		THB	35,848		(48	)
SCB Securities		04/08/24		USD	1,984		INR	165,203		(3	)
SCB Securities		04/12/24		USD	488		MYR	2,283		(6	)
SCB Securities		04/18/24		USD	1,061		PEN	4,031		23
SCB Securities		04/18/24		THB	42,500		USD	1,211		44
SCB Securities		04/22/24		THB	57,624		USD	1,602		20
SCB Securities		05/16/24		USD	164		CLP	158,199		(3	)
SCB Securities		05/23/24		USD	2,165		BRL	10,861		(5	)
SCB Securities		06/20/24		USD	1,288		MYR	6,000		(22	)
SCB Securities		06/20/24		USD	1,930		THB	69,020		(26	)
SCB Securities		06/26/24		USD	811		INR	67,605		(2	)
Standard Bank		04/03/24		EUR	210		USD	228		1
Standard Bank		04/03/24		USD	2,208		EUR	2,018		(29	)
Standard Bank		04/25/24		SGD	1,088		USD	814		7
Standard Bank		06/03/24		EUR	4,347		USD	4,709		2
Standard Bank		06/20/24		USD	140		GHS	1,801		(10	)
Standard Bank		06/20/24		USD	5,272		MYR	24,680		(67	)
Standard Bank		06/20/24		USD	6,253		KRW	8,140,550		(192	)
Standard Bank		06/20/24		USD	7,151		IDR	111,823,164		(120	)
Standard Bank		06/20/24		MXN	7,210		USD	425		(3	)
Standard Bank		06/20/24		USD	9,396		PHP	524,402		(68	)
Standard Bank		06/20/24		USD	10,148		MXN	173,286		150
Standard Bank		06/20/24		PLN	14,340		USD	3,654		60
Standard Bank		06/20/24		MYR	32,251		USD	6,900		98
Standard Bank		06/20/24		CZK	57,640		USD	2,493		30

64

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Standard Bank		06/20/24		PEN	58,037		USD	15,751	$	160
Standard Bank		06/20/24		UGX	3,690,206		USD	927		(11	)
Standard Bank		08/02/24		USD	4,111		KES	680,570		971
Standard Bank		08/02/24		KES	712,281		USD	4,995		(323	)
Standard Bank		02/13/25		USD	2,046		NGN	3,283,100		172
Standard Chartered		06/20/24		USD	1,133		GHS	15,346		(29	)
Standard Chartered		06/20/24		USD	2,247		PHP	124,478		(32	)
Standard Chartered		06/20/24		MYR	10,720		USD	2,304		43
State Street		04/03/24		EUR	27,849		USD	30,191		112
State Street		05/20/24		CNY	9,644		USD	1,343		(13	)
State Street		05/23/24		USD	2,820		BRL	13,986		(39	)
									$	867

A list of the open OTC swap agreements held by the Fund at March 31, 2024, is as follows:

Credit Default Swaps
Counterparty	Reference Entity/ Obligation		Buy/Sell Protection		(Pays)/Receives Rate		Payment Frequency		Termination Date		Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Depreciation) (Thousands)
Morgan Stanley		COLOMBIA 1 06/20/2026		Buy		1.00%		Quarterly		06/20/2026	$	4,300	$	(31	)	$	(18	)	$	(13	)
Morgan Stanley		MEXICO 1 06/20/2029		Buy		1.00%		Quarterly		06/20/2029		4,800		(18	)		(9	)		(9	)
Morgan Stanley		MORD 1.00 12/20/25		Buy		1.00%		Quarterly		12/20/2025		5,000		38			52			(14	)
Morgan Stanley		MSCI		Buy		1.00%		Quarterly		12/20/2028		1,700		275			600			(325	)
Morgan Stanley		SOUTH AFRICA 1 06/20/2026		Buy		1.00%		Quarterly		06/20/2026		3,300		21			19			2
													$	285		$	644		$	(359	)

Interest Rate Swaps

Counterparty

Fund Pays

Fund Receives

Payment Frequency

Termination Date

Currency

Notional Amount (Thousands)

Value (Thousands)

Upfront Payments (Thousands)

Net Unrealized Appreciation (Depreciation) (Thousands)

Citibank

7-DAY CNY - CHINA FIXING REPO RATES

2.0847% FIXED

Quarterly

07/04/2025

CNY

64,346

$

(34

)

$

–

$

(34

)

Goldman Sachs

28-DAY MXN - TIIE

6.205%

Monthly

12/08/2025

MXN

16,624

(60

)

–

(60

)

Goldman Sachs

3-MONTH MYR - BUMIPUTRA BANK RATE

3.503%

Quarterly

12/20/2025

MYR

12,705

(3

)

–

(3

)

Citibank

1-DAY BRL - CETIP

9.82% FIXED

Annually

01/02/2026

BRL

21,131

38

–

38

Goldman Sachs

1-DAY BRL - CETIP

10.02% FIXED

Annually

01/02/2026

BRL

13,865

5

–

5

Goldman Sachs

1-DAY BRL - CETIP

9.55%

Annually

01/02/2026

BRL

24,992

97

–

97

Goldman Sachs

28-DAY MXN - TIIE

6.165%

Monthly

03/05/2026

MXN

47,200

(185

)

–

(185

)

JPMorgan Chase

28-DAY MXN - TIIE

6.13%

Monthly

06/18/2026

MXN

40,000

(169

)

–

(169

)

Goldman Sachs

28-DAY MXN - TIIE

6.381%

Monthly

09/16/2026

MXN

26,000

(107

)

–

(107

)

Citibank

1-DAY BRL - CETIP

9.875% FIXED

Annually

01/04/2027

BRL

16,453

5

–

5

Citibank

1-DAY BRL - CETIP

9.945% FIXED

Annually

01/04/2027

BRL

22,629

23

–

23

Citibank

7-DAY CNY - CHINA FIXING REPO RATES

2.4016% FIXED

Quarterly

07/04/2028

CNY

19,902

26

–

26

Citibank

1-DAY BRL - CETIP

10.30% FIXED

Annually

01/02/2029

BRL

12,767

(11

)

–

(11

)

Citibank

1-DAY BRL - CDI

10.2125% FIXED

Annually

01/02/2029

BRL

12,220

(27

)

–

(27

)

Citibank

7-DAY CNY - CHINA FIXING REPO RATES

2.09% FIXED

Quarterly

02/27/2029

CNY

44,270

(3

)

–

(3

)

Goldman Sachs

5.47% FIXED

6-MONTH CLP - CLICP

Semi-Annually

02/14/2033

CLP

895,943

(30

)

–

(30

)

JPMorgan Chase

5.244% FIXED

6-MONTH CLP - CLICP

Semi-Annually

08/07/2033

CLP

765,820

(1

)

–

(1

)

Citibank

5.85% FIXED

6-MONTH CLP - CLICP

Semi-Annually

10/10/2033

CLP

600,000

(22

)

–

(22

)

SEI Institutional International Trust

65

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Continued)

Counterparty

Fund Pays

Fund Receives

Payment Frequency

Termination Date

Currency

Notional Amount (Thousands)

Value (Thousands)

Upfront Payments (Thousands)

Net Unrealized Appreciation (Depreciation) (Thousands)

Goldman Sachs

7.46% FIXED

COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE

Quarterly

02/06/2034

COP

6,177,512

$

41

$

–

$

41

Goldman Sachs

7.6774% FIXED

COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE

Quarterly

02/07/2034

COP

4,552,488

12

–

12

$

(405

)

$

–

$

(405

)

A list of the open centrally cleared swap agreements held by the Fund at March 31, 2024, is as follows:

Credit Default Swap
Reference Entity/ Obligation	Buy/Sell Protection		(Pays)/Receives Rate		Payment Frequency		Termination Date		Notional Amount (Thousands)		Value (Thousands)		Upfront Payments/ Receipts (Thousands)		Net Unrealized Appreciation (Depreciation) (Thousands)
CDX.EM.41.V1 06/20/2029		Buy		1.00%		Quarterly		06/20/2029	$	8,108	$	247	$	260	$	(13	)

Interest Rate Swaps
Fund Pays	Fund Receives		Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Depreciation) (Thousands)
1-DAY BRL - CETIP		11.055%		Annually		01/02/2026		BRL		12,933	$	52		$	–		$	52
1-DAY BRL - CETIP		10.588%		Annually		01/02/2026		BRL		8,774		21			–			21
1-DAY BRL - CETIP		11.57% FIXED		Annually		01/02/2026		BRL		7,697		51			–			51
1-DAY BRL - CETIP		10.29%		Annually		01/02/2029		BRL		4,467		(13	)		–			(13	)
1-DAY BRL - CETIP		10.4275%		Annually		01/02/2031		BRL		5,871		(35	)		–			(35	)
1-DAY BRL - CETIP		12.68% FIXED		Annually		01/04/2027		BRL		11,490		185			–			185
1-DAY BRL - BROIS		12.7575%		Annually		01/04/2027		BRL		14,990		243			–			243
1-DAY BRL - BROIS		10.17%		Annually		01/04/2027		BRL		9,344		2			–			2
1-DAY BRL - CETIP		9.69%		Annually		01/04/2027		BRL		7,086		(16	)		–			(16	)
6.12%		1-DAY CLP - CLICP		Semi-Annually		10/24/2033		CLP		917,245		(69	)		–			(69	)
COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		7.35%		Quarterly		02/05/2027		COP		13,237,715		(42	)		(25	)		(17	)
10.28% FIXED		COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		Quarterly		06/02/2025		COP		6,486,367		(19	)		–			(19	)
10.27% FIXED		COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		Quarterly		06/05/2025		COP		6,572,537		(20	)		–			(20	)
10.2905% FIXED		COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		Quarterly		06/07/2025		COP		5,000,000		(16	)		–			(16	)
7.14%		COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		Quarterly		01/31/2027		COP		5,450,883		23			–			23
6.395%		COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		Quarterly		01/06/2027		COP		752,360		7			–			7
6.2075%		1-DAY FBIL - MIBOR		Semi-Annually		12/19/2028		INR		202,466		8			–			8
28-DAY MXN - TIIE		8.04% FIXED		Monthly		01/07/2028		MXN		23,876		(44	)		–			(44	)
28-DAY MXN - TIIE		8.685%		Monthly		02/16/2029		MXN		17,184		(8	)		–			(8	)
28-DAY MXN - TIIE		8.71%		Monthly		02/26/2029		MXN		10,306		(4	)		–			(4	)
28-DAY MXN - TIIE		8.77%		Monthly		03/09/2029		MXN		63,992		(14	)		–			(14	)
28-DAY MXN - TIIE		8.935%		Monthly		08/17/2028		MXN		22,189		1			–			1
28-DAY MXN - TIIE		8.905%		Monthly		08/17/2028		MXN		22,189		(1	)		–			(1	)
7.64%		28-DAY MXN - TIIE		Monthly		01/01/2032		MXN		23,014		85			–			85
9.77%		28-DAY MXN - TIIE		Monthly		10/08/2038		MXN		22,900		(112	)		–			(112	)
28-DAY MXN - TIIE		9.26%		Monthly		10/30/2028		MXN		22,560		19			–			19
10.0455% FIXED		28-DAY MXN - TIIE		Monthly		03/20/2025		MXN		42,233		13			–			13
28-DAY MXN - TIIE		9.69% FIXED		Monthly		07/18/2025		MXN		241,000		(121	)		–			(121	)
9.02% FIXED		COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		Quarterly		08/11/2032		COP		2,184,690		(46	)		–			(46	)

66

SEI Institutional International Trust

Fund Pays	Fund Receives		Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Depreciation) (Thousands)
8.37%		COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE		Quarterly		04/13/2024		COP		11,102,749	$	3		$	–		$	3
8.19% FIXED		3-MONTH ZAR - JIBAR		Quarterly		11/23/2028		ZAR		114,470		72			–			72
2.33%		1-DAY CLP - CLOIS		Semi-Annually		06/05/2030		CLP		830,041		123			–			123
6-MONTH HUF - BUBOR		6.18%		Semi-Annually		03/21/2029		HUF		399,046		(13	)		–			(13	)
6-MONTH CZK - PRIBOR		3.721%		Semi-Annually		01/10/2029		CZK		25,840		–			–			–
6-MONTH CZK - PRIBOR		3.63%		Semi-Annually		01/19/2029		CZK		25,833		(5	)		–			(5	)
6-MONTH CZK - PRIBOR		3.495%		Semi-Annually		02/08/2029		CZK		32,449		(14	)		–			(14	)
6-MONTH CZK - PRIBOR		3.31%		Semi-Annually		02/19/2029		CZK		7,881		(6	)		–			(6	)
6-MONTH CZK - PRIBOR		3.356%		Semi-Annually		02/28/2029		CZK		21,284		(14	)		–			(14	)
6-MONTH CZK - PRIBOR		3.3175%		Semi-Annually		03/18/2029		CZK		91,333		(65	)		–			(65	)
6-MONTH CZK - PRIBOR		3.3645%		Semi-Annually		02/15/2029		CZK		22,574		(14	)		–			(14	)
4.705% FIXED		6-MONTH PLN - WIBOR		Annually		08/01/2033		PLN		11,650		53			1			52
6-MONTH PLN - WIBOR		5.262% FIXED		Semi-Annually		08/01/2025		PLN		27,500		(40	)		–			(40	)
5.605% FIXED		6-MONTH PLN - WIBOR		Annually		04/17/2033		PLN		3,097		(36	)		–			(36	)
7-DAY CNY - CHINA FIXING REPO RATES		2.283%		Quarterly		08/16/2028		CNY		16,000		21			–			21
1-DAY BRL - CETIP		10.05% FIXED		Annually		01/02/2029		BRL		24,928		(130	)		(2	)		(128	)
6-MONTH HUF - BUBOR		5.624% FIXED		Semi-Annually		02/27/2029		HUF		542,164		(55	)		–			(55	)
6-MONTH HUF - BUBOR		5.659% FIXED		Semi-Annually		02/26/2029		HUF		425,986		(42	)		–			(42	)
6-MONTH HUF - BUBOR		5.659% FIXED		Semi-Annually		02/26/2029		HUF		476,850		(47	)		–			(47	)
6-MONTH HUF - BUBOR		5.945% FIXED		Semi-Annually		12/20/2033		HUF		701,000		(95	)		–			(95	)
5.56% FIXED	1-DAY-CLP - Sinacofi Chile Interbank Rate Avg			Semi-Annually		12/20/2033		CLP		2,500,000		(82	)		(89	)		7
7-DAY CNY - CHINA FIXING REPO RATES		2.302%		Quarterly		08/29/2028		CNY		16,300		22			–			22
3.1685% FIXED		6-MONTH EUR - EURIBOR		Annually		12/20/2033		EUR		3,700		(197	)		(41	)		(156	)
3-MONTH ZAR - JIBAR		8.33% FIXED		Quarterly		03/06/2029		ZAR		105,000		(54	)		–			(54	)
3-MONTH ZAR - JIBAR		10.035% FIXED		Quarterly		03/20/2039		ZAR		20,000		(22	)		(1	)		(21	)
1% FIXED		1-DAY JPY - TONA		Annually		03/20/2034		JPY		346,000		(35	)		(21	)		(14	)
28-DAY MXN - TIIE		9.7429% FIXED		Monthly		02/27/2026		MXN		97,650		(10	)		–			(10	)
6-MONTH CZK - PRIBOR		4.7697% FIXED		Semi-Annually		10/06/2028		CZK		14,959		29			–			29
3.7025% FIXED		6-MONTH CZK - PRIBOR		Annually		01/26/2034		CZK		30,600		4			–			4
3.719% FIXED		6-MONTH CZK - PRIBOR		Annually		01/25/2034		CZK		15,000		1			–			1
3.7% FIXED		1-DAY GBP - SONIA		Annually		03/20/2054		GBP		2,200		(8	)		(65	)		57
2.8% FIXED		3-MONTH THB - THOR		Quarterly		03/20/2034		THB		86,000		(45	)		(24	)		(21	)
9.49% FIXED		28-DAY MXN - TIIE		Monthly		09/16/2033		MXN		71,881		(209	)		–			(209	)
6-MONTH PLN - WIBOR		5.1207% FIXED		Semi-Annually		02/01/2026		PLN		8,000		(12	)		–			(12	)
											$	(792	)	$	(267	)	$	(525	)

	Percentages are based on Net Assets of $1,095,449 ($ Thousands).
**	The rate reported is the 7-day effective yield as of March 31, 2024.
†	Investment in Affiliated Security (see Note 5).
(A)	Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On March 31, 2024, the value of these securities amounted to $130,869 ($ Thousands), representing 11.9% of the Net Assets of the Fund.
(B)	Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.
(C)	Certain securities or partial positions of certain securities are on loan at March 31, 2024.
(D)	Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.
(E)	No interest rate available.
(F)	Security is in default on interest payment.

(G)	Zero coupon security.
(H)	Perpetual security with no stated maturity date.
(I)	This security was purchased with cash collateral held from securities on loan (see Note 9). The total market value of such securities as of March 31, 2024 was $8,912 ($ Thousands).

SEI Institutional International Trust

67

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2024

Emerging Markets Debt Fund (Concluded)

The following is a summary of the level of inputs used as of March 31, 2024, 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		–		1,037,854		–		1,037,854
U.S. Treasury Obligations		–		17,043		–		17,043
Affiliated Partnership		–		8,912		–		8,912
Total Investments in Securities		–		1,063,809		–		1,063,809

Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Appreciation		198			–			–		198
Unrealized Depreciation		(234	)		–			–		(234	)
Forward Contracts*
Unrealized Appreciation		–			5,048			–		5,048
Unrealized Depreciation		–			(4,181	)		–		(4,181	)
OTC Swaps
Credit Default Swaps*
Unrealized Appreciation		–			2			–		2
Unrealized Depreciation		–			(361	)		–		(361	)
Interest Rate Swaps*
Unrealized Appreciation		–			247			–		247
Unrealized Depreciation		–			(652	)		–		(652	)
Centrally Cleared Swaps
Credit Default Swaps*
Unrealized Depreciation		–			(13	)		–		(13	)
Interest Rate Swaps*
Unrealized Appreciation		–			1,101			–		1,101
Unrealized Depreciation		–			(1,626	)		–		(1,626	)
Total Other Financial Instruments		(36	)		(435	)		–		(471	)

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

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

The following is a summary of the transactions with affiliates for the period ended March 31, 2024 ($ Thousands):

Security Description	Value 9/30/2023		Purchases at Cost		Proceeds from Sales			Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 3/31/2024		Income		Capital Gains
SEI Liquidity Fund, LP	$	14,525	$	61,970	$	(67,576	)	$	—	$	(7	)	$	8,912	$	66	$	—

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

See “Glossary” for abbreviations.

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

68

SEI Institutional International Trust

Glossary: (abbreviations which may be used in the preceding Schedules of Investments)

Currency Abbreviations

AUD — Australian Dollar

BRL — Brazilian Real

CAD — Canadian Dollar

CLP — Chilean Peso

CNH — Chinese Yuan Offshore

CNY — Chinese Yuan Onshore

COP — Colombian Peso

CZK — Czech Koruna

DKK — Danish Krone

EUR — Euro

GHS — Ghanaian Cedi

HKD — Hong Kong Dollar

HUF — Hungarian Forint

IDR — Indonesian Rupiah

ILS — Israeli New Sheckels

INR — Indian Rupee

JPY — Japanese Yen

KRW — Korean Won

MXN — Mexican Peso

MYR — Malaysian Ringgit

NGN — Nigerian Naira

NOK — Norwegian Krone

NZD — New Zealand Dollar

PEN — Peruvian Nuevo Sol

PHP— Philippine Peso

PLN — Polish Zloty

RON — Romanian Leu

RSD — Dinar

RUB — Russian Ruble

SEK — Swedish Krona

SGD — Singapore Dollar

THB — Thai Baht

TRY — Turkish Lira

TWD — Taiwan Dollar

UAH — Ukrainian Hryvnia

UGX — Ugandan Shilling

USD — U.S. Dollar

UYU — Uruguayan Peso

VND — Vietnamese Dong

ZAR — South African Rand

Portfolio Abbreviations

ACES — Alternative Credit Enhancement Structure

ADR — American Depositary Receipt

AGC — Assured Guaranty Corporation

AGM— Assured Guaranty Municipal

ARM — Adjustable Rate Mortgage

BPSW5 — GBP Swap 5 Year

BROIS — Brazil Overnight Index Swap

BURBOR — Budapest Interbank Offered Rate

CETIP — Central Custody and Financial Settlement of Securities

CME — Chicago Mercantile Exchange

CDO — Collateralized Debt Obligation

CMTUSD6Y — Constant Maturity Treasury 6 Year

Cl — Class

CMO — Collateralized Mortgage Obligation

CPI — Consumer Price Index

DAC — Designated Activity Company

EUAMDBO1 — EURIBOR ICE Swap Rate 11:00am

EUAMDB05 — EURIBOR ICE Swap Rate 11:00am

ETF — Exchange-Traded Fund

EURIBOR — Euro London Interbank Offered Rate

EUR003M — EURIBOR 3 Month

EUSA1 — EUR Swap Annual 1 Year

EUSA5 — EUR Swap Annual 5 Year

EUSA6 — EUR Swap Annual 6 Year

EUSA9 — EUR Swap Annual 9 Year

EUSA12 — EUR Swap Annual 12 Year

FEDEF — U.S. Federal Funds Effective Rate

FFCB — Federal Farm Credit Bank

FHLB — Federal Home Loan Bank

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

GO — General Obligation

GUKG1 — United Kingdom Government Bonds 1 Year Note Generic Bid Yield

GUKG5 — United Kingdom Government Bonds 5 Year Note Generic Bid Yield

H15T5Y — US Treasury Curve Rate T Note Constant Maturity 5 Year

H15T7Y — US Treasury Curve Rate T Note Constant Maturity 7 Year

IO — Interest Only — face amount represents notional amount

JIBAR — Johannesburg Interbank Average Rate

JSC — Joint-Stock Company

LIBOR— London Interbank Offered Rate

LLLP — Limited Liability Limited Partnership

L.P. — Limited Partnership

MTN — Medium Term Note

MIBOR — Mumbai Interbank Offered Rate

MXN TIIE — Mexican Interbank TIIE 28-Day

NIBOR — Norwegian Interbank Offered Rate

NVDR — Non-voting Depository Receipt

OIS — Overnight Index Swap

OTC — Over The Counter

PIK — Payment-in-Kind

PO — Principal Only

PRIBOR — Prague Interbank Offered Rate

RB — Revenue Bond

REIT — Real Estate Investment Trust

REMIC — Real Estate Mortgage Investment Conduit

Re-REMIC — Resecuritization of Real Estate Mortgage Investment Conduit

Ser — Series

SOFR — Secured Overnight Financing Rate

SEI Institutional International Trust

69

Glossary: (abbreviations which may be used in the preceding Schedules of Investments)

 (Concluded)

SOFRRATE — U.S. SOFR

SOFR30A — Secured Overnight Financing Rate 30-day Average

SOFRINDX — Custom SOFR Index

SONIA — Sterling Overnight Index Average

SONIO/N — SONIA Interest Rate Benchmark

SPDR — Standard & Poor's Depository Receipt

STACR — Structured Agency Credit Risk

TBA — To Be Announced

TSFR3M— CME Term SOFR 3 Month

TELBOR — Tel Aviv Interbank Offered Rate

US0003M— ICE LIBOR USD 3 Month

USSW5— USD Swap Semi 30/360 5 Year Currency

WIBOR— Warsaw Interbank Offered Rate

70

SEI Institutional International Trust

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

March 31, 2024

	International Equity Fund			Emerging Markets Equity Fund			International Fixed Income Fund		Emerging Markets Debt Fund
Assets:
Investments, at value †	$	3,832,003	*	$	1,542,138	*	$	439,472	$	1,054,897	*
Affiliated investments, at value ††		163,568			22,307			–		8,912
Cash		72,139			16,753			4,518		17,473
Cash pledged as collateral for futures contracts		4,248			653			420		1,996
Cash pledged as collateral for swap contracts		–			–			15		3,998
Foreign currency, at value †††		6,868			4,782			1,450		3,268
Receivable for fund shares sold		668			303			82		211
Receivable for investment securities sold		41,825			2,581			1,046		2,360
Dividends and interest receivable		17,302			6,917			4,130		18,439
Unrealized gain on forward foreign currency contracts		–			–			4,498		5,048
Unrealized gain on foreign spot currency contracts		8			–			102		81
Swap contracts, at value ††††		3,243			–			35		249
Foreign tax reclaim receivable		27,687			155			–		–
Receivable for variation margin		190			94			36		1,099
Prepaid expenses		55			20			6		17
Total Assets		4,169,804			1,596,703			455,810		1,118,048
Liabilities:
Payable upon return on securities loaned		99,889			422			–		8,910
Payable for investment securities purchased		35,888			6,457			6,257		5,324
Payable for fund shares redeemed		4,145			1,060			245		1,063
Swap contracts, at value ††††		–			–			–		1,013
Payable for variation margin		103			–			62		556
Administration fees payable		1,062			384			46		330
Unrealized loss on foreign currency spot contracts		–			5			175		5
Unrealized loss on forward foreign currency contracts		–			–			2,514		4,181
Trustees fees payable		26			9			3		8
Chief compliance officer fees payable		6			2			1		2
Administrative servicing fees payable		4			–			–		–
Shareholder servicing fees payable		234			307			93		213
Investment advisory fees payable		1,711			1,150			101		390
Accrued expense payable		800			1,199			200		604
Accrued foreign capital gains tax on appreciated securities		–			5,156			–		–
Total Liabilities		143,868			16,151			9,697		22,599
Net Assets	$	4,025,936		$	1,580,552		$	446,113	$	1,095,449
† Cost of investments	$	3,204,856		$	1,348,039		$	467,645	$	1,092,351
†† Cost of affiliated investments		163,557			22,302			–		8,914
††† Cost of foreign currency		6,874			4,786			1,447		3,301
†††† Cost (premiums received)		–			–			–		644
* Includes market value of securities on loan		90,925			246			–		8,460

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

71

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

March 31, 2024

	International Equity Fund			Emerging Markets Equity Fund			International Fixed Income Fund			Emerging Markets Debt Fund
Net Assets:
Paid-in Capital — (unlimited authorization — no par value)	$	3,402,619		$	1,556,087		$	533,034		$	1,401,236
Total distributable earnings/(loss)		623,317			24,465			(86,921	)		(305,787	)
Net Assets	$	4,025,936		$	1,580,552		$	446,113		$	1,095,449
Net Asset Value, Offering and Redemption Price Per Share — Class F	$	12.16		$	10.97		$	8.71		$	8.75
		($3,637,660,155 ÷ 299,225,533 shares	)		($1,434,567,664 ÷ 130,737,296 shares	)		($399,099,316 ÷ 45,820,786 shares	)		($1,003,441,210 ÷ 114,740,860 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class I	$	12.20			N/A			N/A			N/A
		($947,911 ÷ 77,727 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class Y	$	12.15		$	10.97		$	8.76		$	8.68
		($387,327,514 ÷ 31,884,956 shares	)		($145,984,354 ÷ 13,306,778 shares	)		($47,013,235 ÷ 5,369,123 shares	)		($92,007,409 ÷ 10,599,894 shares	)

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

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

72

SEI Institutional International Trust

STATEMENTS OF OPERATIONS (Unaudited) ($ Thousands)

For the six months ended March 31, 2024

	International Equity Fund			Emerging Markets Equity Fund			International Fixed Income Fund			Emerging Markets Debt Fund
Investment Income:
Dividends	$	46,671		$	19,388		$	–		$	–
Income from affiliated investments(1)		987			430			–			–
Interest income		1,448			379			6,633			42,516
Security lending income — net(2)(3)		84			35			–			66
Less: foreign taxes withheld		(3,079	)		(2,639	)		(106	)		(295	)
Total Investment Income		46,111			17,593			6,527			42,287
Expenses:
Investment advisory fees		9,765			6,198			662			3,867
Administration fees		6,008			2,910			883			2,380
Shareholder servicing fees — Class F		4,369			1,647			489			1,372
Shareholder servicing fees — Class I		1			–			–			–
Administrative servicing fees — Class I		1			–			–			–
Custodian/wire agent fees		235			456			58			213
Printing fees		200			75			23			63
Professional fees		115			43			13			36
Registration fees		56			21			7			18
Trustees' fees		53			20			6			17
Chief compliance officer fees		14			5			2			4
Other expenses		93			64			76			122
Total Expenses		20,910			11,439			2,219			8,092
Less:
Waiver of investment advisory fees		–			(234	)		–			(1,368	)
Waiver of administration fees		–			(761	)		(46	)		(218	)
Waiver of shareholder servicing fees — Class F		(35	)		–			–			–
Net Expenses		20,875			10,444			2,173			6,506
Net Investment Income		25,236			7,149			4,354			35,781
Net Realized Gain (Loss) on:
Investments		79,014			10,723			(10,575	)		(23,678	)
Affiliated investments		(4	)		1			–			–
Futures contracts		6,604			354			642			601
Swap contracts		13,255			–			(223	)		165
Pucrhased option contracts		–			–			(3	)		–
Capital gains tax		(35	)		(2,149	)		–			–
Foreign currency transactions		(404	)		(180	)		(11,261	)		(10,113	)
Forward foreign currency contracts		–			–			4,209			2,941
Net Realized Gain (Loss)		98,430			8,749			(17,211	)		(30,084	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		385,260			128,520			41,408			107,671
Affiliated investments		(27	)		(2	)		–			(7	)
Futures contracts		1,088			575			306			228
Purchased option contracts		–			–			(1	)		–
Swap contracts		2,483			–			415			(85	)
Foreign capital gains tax on appreciated securities		–			(2,378	)		–			–
Foreign currency translation of other assets and liabilities denominated in foreign currencies		473			(112	)		57			249
Forward foreign currency contracts		–			–			(4,529	)		1,111
Net Change in Unrealized Appreciation (Depreciation)		389,277			126,603			37,656			109,167
Net Increase in Net Assets Resulting from Operations	$	512,943		$	142,501		$	24,799		$	114,864

(1) See Note 5 in the Notes to Financial Statements for additional information.

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

(3) See Note 9 in the Notes to Financial Statements for additional information.

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

73

STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)

For the six months ended March 31, 2024 (Unaudited) and the year ended September 30, 2023

	International Equity Fund						Emerging Markets Equity Fund
		2024			2023			2024			2023
Operations:
Net investment income	$	25,236		$	79,481		$	7,149		$	26,894
Net realized gain (loss)		98,430			38,587			8,749			(26,363	)
Net change in unrealized appreciation (depreciation)		389,277			813,706			126,603			166,523
Net Increase in Net Assets Resulting from Operations		512,943			931,774			142,501			167,054
Distributions:
Class F		(72,176	)		(62,491	)		(20,675	)		(26,873	)
Class I		(18	)		(13	)		N/A			N/A
Class Y		(8,619	)		(6,541	)		(2,632	)		(2,793	)
Total Dividends		(80,813	)		(69,045	)		(23,307	)		(29,666	)
Capital Share Transactions:
Class F:
Proceeds from shares issued		288,241			305,764			232,400			158,803
Reinvestment of dividends & distributions		66,280			57,189			18,879			24,547
Cost of shares redeemed		(523,398	)		(849,649	)		(192,050	)		(272,116	)
Net Increase (Decrease) from Class F Transactions		(168,877	)		(486,696	)		59,229			(88,766	)
Class I:
Proceeds from shares issued		8			33			N/A			N/A
Reinvestment of dividends & distributions		10			7			N/A			N/A
Cost of shares redeemed		(105	)		(47	)		N/A			N/A
Net Decrease from Class I Transactions		(87	)		(7	)		N/A			N/A
Class Y:
Proceeds from shares issued		17,632			72,817			12,671			37,799
Reinvestment of dividends & distributions		8,004			6,256			2,449			2,642
Cost of shares redeemed		(44,124	)		(86,696	)		(20,209	)		(30,224	)
Net Increase (Decrease) from Class Y Transactions		(18,488	)		(7,623	)		(5,089	)		10,217
Net Increase (Decrease) in Net Assets Derived from Capital Share Transactions		(187,452	)		(494,326	)		54,140			(78,549	)
Net Increase in Net Assets		244,678			368,403			173,334			58,839
Net Assets:
Beginning of Period		3,781,258			3,412,855			1,407,218			1,348,379
End of Period	$	4,025,936		$	3,781,258		$	1,580,552		$	1,407,218
Capital Share Transactions:
Class F:
Shares issued		25,061			28,850			21,635			15,536
Reinvestment of distributions		5,709			5,730			1,784			2,484
Shares redeemed		(45,660	)		(80,173	)		(18,126	)		(26,566	)
Total Class F Transactions		(14,890	)		(45,593	)		5,293			(8,546	)
Class I:
Shares issued		1			3			N/A			N/A
Reinvestment of distributions		1			—			N/A			N/A
Shares redeemed		(9	)		(4	)		N/A			N/A
Total Class I Transactions		(7	)		(1	)		N/A			N/A
Class Y:
Shares issued		1,544			6,854			1,193			3,635
Reinvestment of distributions		690			627			232			268
Shares redeemed		(3,898	)		(8,328	)		(1,946	)		(2,987	)
Total Class Y Transactions		(1,664	)		(847	)		(521	)		916
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(16,561	)		(46,441	)		4,772			(7,630	)

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.

74

SEI Institutional International Trust

STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)

For the six months ended March 31, 2024 (Unaudited) and the year ended September 30, 2023

	International Fixed Income Fund						Emerging Markets Debt Fund
		2024			2023			2024			2023
Operations:
Net investment income	$	4,354		$	6,371		$	35,781		$	72,608
Net realized gain (loss)		(17,211	)		(31,437	)		(30,084	)		(112,613	)
Net change in unrealized appreciation (depreciation)		37,656			34,696			109,167			194,969
Net Increase in Net Assets Resulting from Operations		24,799			9,630			114,864			154,964
Distributions:
Class F		—			(45,431	)		(34,782	)		(44,127	)
Class Y		—			(7,756	)		(3,215	)		(3,919	)
Total Dividends		—			(53,187	)		(37,997	)		(48,046	)
Capital Share Transactions:
Class F:
Proceeds from shares issued		34,325			50,139			60,628			142,379
Reinvestment of dividends & distributions		N/A			41,818			31,109			39,313
Cost of shares redeemed		(42,143	)		(80,361	)		(261,859	)		(287,416	)
Net Increase (Decrease) from Class F Transactions		(7,818	)		11,596			(170,122	)		(105,724	)
Class Y:
Proceeds from shares issued		2,827			10,293			8,826			32,153
Reinvestment of dividends & distributions		—			7,508			2,842			3,591
Cost of shares redeemed		(12,550	)		(30,118	)		(17,816	)		(35,099	)
Net Increase (Decrease) from Class Y Transactions		(9,723	)		(12,317	)		(6,148	)		645
Net Decrease in Net Assets Derived from Capital Share Transactions		(17,541	)		(721	)		(176,270	)		(105,079	)
Net Increase (Decrease) in Net Assets		7,258			(44,278	)		(99,403	)		1,839
Net Assets:
Beginning of Period		438,855			483,133			1,194,852			1,193,013
End of Period	$	446,113		$	438,855		$	1,095,449		$	1,194,852
Capital Share Transactions:
Class F:
Shares issued		4,008			5,887			7,135			17,362
Reinvestment of distributions		—			5,129			3,731			4,752
Shares redeemed		(4,942	)		(9,279	)		(30,670	)		(35,011	)
Total Class F Transactions		(934	)		1,737			(19,804	)		(12,897	)
Class Y:
Shares issued		328			1,185			1,043			3,921
Reinvestment of distributions		—			919			343			437
Shares redeemed		(1,475	)		(3,474	)		(2,128	)		(4,294	)
Total Class Y Transactions		(1,147	)		(1,370	)		(742	)		64
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(2,081	)		367			(20,546	)		(12,833	)

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

75

FINANCIAL HIGHLIGHTS

For the six months ended March 31, 2024 (Unaudited) and the years ended September 30

For a Share Outstanding Throughout Each Year or Period

	Net Asset Value, Beginning of Period		Net Investment Income (Loss)(1)		Net Realized and Unrealized Gains (Losses) on Investments			Total from Operations			Dividends from Net Investment Income			Distributions from Net Realized Gains			Total Dividends and Distributions			Net Asset Value, End of Period		Total Return†			Net Assets End of Period($ Thousands)		Ratio of Net Expenses to Average Net Assets*			Ratio of Expenses to Average Net Assets (Excluding Waivers)**			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate†
International Equity Fund
Class F
2024@	$	10.87	$	0.07	$	1.46		$	1.53		$	(0.24	)	$	—		$	(0.24	)	$	12.16		14.15	%	$	3,637,660		1.10	%		1.11	%		1.28	%		39	%
2023		8.66		0.21		2.18			2.39			(0.18	)		—			(0.18	)		10.87		27.81			3,415,372		1.10			1.11			1.99			87
2022		13.57		0.21		(3.38	)		(3.17	)		(0.23	)		(1.51	)		(1.74	)		8.66		(26.82	)		3,114,144		1.09			1.09			1.91			108
2021		10.86		0.16		2.67			2.83			(0.12	)		—			(0.12	)		13.57		26.18			4,242,911		1.08			1.08			1.19			105
2020		10.68		0.10		0.28			0.38			(0.20	)		—			(0.20	)		10.86		3.44			3,568,373		1.11			1.11			0.94			102
2019		11.38		0.20		(0.75	)		(0.55	)		(0.15	)		—			(0.15	)		10.68		(4.63	)		3,686,195		1.10			1.10			1.92			73
Class I
2024@	$	10.90	$	0.06	$	1.45		$	1.51		$	(0.21	)	$	—		$	(0.21	)	$	12.20		13.94	%	$	948		1.36	%		1.36	%		1.00	%		39	%
2023		8.67		0.19		2.19			2.38			(0.15	)		—			(0.15	)		10.90		27.63			929		1.36			1.36			1.76			87
2022		13.59		0.17		(3.38	)		(3.21	)		(0.20	)		(1.51	)		(1.71	)		8.67		(27.05	)		743		1.34			1.34			1.44			108
2021		10.87		0.12		2.69			2.81			(0.09	)		—			(0.09	)		13.59		25.91			1,611		1.33			1.33			0.93			105
2020		10.68		0.07		0.28			0.35			(0.16	)		—			(0.16	)		10.87		3.19			1,350		1.36			1.36			0.63			102
2019		11.37		0.17		(0.74	)		(0.57	)		(0.12	)		—			(0.12	)		10.68		(4.90	)		1,932		1.35			1.35			1.61			73
Class Y
2024@	$	10.88	$	0.09	$	1.45		$	1.54		$	(0.27	)	$	—		$	(0.27	)	$	12.15		14.23	%	$	387,328		0.86	%		0.86	%		1.53	%		39	%
2023		8.66		0.24		2.19			2.43			(0.21	)		—			(0.21	)		10.88		28.26			364,957		0.86			0.86			2.26			87
2022		13.58		0.24		(3.39	)		(3.15	)		(0.26	)		(1.51	)		(1.77	)		8.66		(26.70	)		297,968		0.84			0.84			2.17			108
2021		10.86		0.19		2.68			2.87			(0.15	)		—			(0.15	)		13.58		26.55			393,903		0.83			0.83			1.44			105
2020		10.68		0.12		0.29			0.41			(0.23	)		—			(0.23	)		10.86		3.68			330,069		0.86			0.86			1.16			102
2019		11.39		0.23		(0.76	)		(0.53	)		(0.18	)		—			(0.18	)		10.68		(4.43	)		370,462		0.85			0.85			2.24			73
Emerging Markets Equity Fund
Class F
2024@	$	10.10	$	0.05	$	0.99		$	1.04		$	(0.17	)	$	—		$	(0.17	)	$	10.97		10.36	%	$	1,434,568		1.46	%		1.59	%		0.96	%		34	%
2023		9.18		0.19		0.94			1.13			(0.21	)		—			(0.21	)		10.10		12.32			1,267,365		1.68			1.78			1.82			95
2022		14.23		0.14		(3.96	)		(3.82	)		(0.15	)		(1.08	)		(1.23	)		9.18		(29.26	)		1,229,709		1.71			1.81			1.21			93
2021		12.06		0.11		2.14			2.25			(0.08	)		—			(0.08	)		14.23		18.63			1,786,493		1.70			1.80			0.73			100
2020		11.21		0.05		0.93			0.98			(0.13	)		—			(0.13	)		12.06		8.75			1,542,551		1.71			1.81			0.43			90
2019		11.47		0.10		(0.29	)		(0.19	)		(0.07	)		—			(0.07	)		11.21		(1.64	)		1,564,523		1.70			1.81			0.92			89
Class Y
2024@	$	10.11	$	0.06	$	1.00		$	1.06		$	(0.20	)	$	—		$	(0.20	)	$	10.97		10.53	%	$	145,984		1.21	%		1.34	%		1.17	%		34	%
2023		9.19		0.21		0.94			1.15			(0.23	)		—			(0.23	)		10.11		12.63			139,853		1.43			1.53			2.02			95
2022		14.25		0.18		(3.98	)		(3.80	)		(0.18	)		(1.08	)		(1.26	)		9.19		(29.10	)		118,670		1.46			1.56			1.50			93
2021		12.07		0.14		2.15			2.29			(0.11	)		—			(0.11	)		14.25		18.96			153,789		1.45			1.55			0.98			100
2020		11.22		0.08		0.93			1.01			(0.16	)		—			(0.16	)		12.07		8.99			134,682		1.46			1.56			0.66			90
2019		11.49		0.14		(0.31	)		(0.17	)		(0.10	)		—			(0.10	)		11.22		(1.44	)		145,600		1.45			1.56			1.25			89

@	For the six-month period ended March 31, 2024. All ratios for the period have been annualized.
†	Returns and portfolio turnover rates are for the period indicated and 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.
*	Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 5 in Notes to Financial Statements.
**	See Note 5 in Notes to Financial Statements.
(1)	Per share calculated using average shares.

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

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

76

SEI Institutional International Trust

FINANCIAL HIGHLIGHTS

For the six months ended March 31, 2024 (Unaudited) and the years ended September 30

For a Share Outstanding Throughout Each Year or Period

	Net Asset Value, Beginning of Period		Net Investment Income (Loss)(1)		Net Realized and Unrealized Gains (Losses) on Investments			Total from Operations			Dividends from Net Investment Income			Distributions from Net Realized Gains			Total Dividends and Distributions			Net Asset Value, End of Period		Total Return†			Net Assets End of Period($ Thousands)		Ratio of Net Expenses to Average Net Assets*			Ratio of Expenses to Average Net Assets (Excluding Waivers)**			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate†
International Fixed Income Fund
Class F
2024@	$	8.23	$	0.08	$	0.40		$	0.48		$	—		$	—		$	—		$	8.71		5.83	%	$	399,100		1.01	%		1.04	%		1.95	%		56	%
2023		9.13		0.11		0.05			0.16			(1.05	)		(0.01	)		(1.06	)		8.23		1.88			384,986		1.02			1.06			1.35			44
2022		10.37		0.05		(1.08	)		(1.03	)		(0.08	)		(0.13	)		(0.21	)		9.13		(10.15	)		410,864		1.02			1.07			0.53			47
2021		10.46		0.03		(0.12	)		(0.09	)		—			—	^		—			10.37		(0.83	)		485,178		1.02			1.07			0.32			65
2020		10.73		0.03		0.04			0.07			(0.26	)		(0.08	)		(0.34	)		10.46		0.73			445,864		1.02			1.08			0.29			64
2019		10.27		0.04		0.88			0.92			(0.40	)		(0.06	)		(0.46	)		10.73		9.28			452,150		1.02			1.07			0.42			58
Class Y
2024@	$	8.27	$	0.09	$	0.40		$	0.49		$	—		$	—		$	—		$	8.76		5.93	%	$	47,013		0.76	%		0.78	%		2.19	%		56	%
2023		9.16		0.14		0.05			0.19			(1.07	)		(0.01	)		(1.08	)		8.27		2.30			53,870		0.77			0.81			1.59			44
2022		10.41		0.08		(1.10	)		(1.02	)		(0.10	)		(0.13	)		(0.23	)		9.16		(10.00	)		72,269		0.77			0.82			0.78			47
2021		10.47		0.06		(0.12	)		(0.06	)		—			—	^		—			10.41		(0.54	)		76,381		0.77			0.82			0.57			65
2020		10.75		0.06		0.03			0.09			(0.29	)		(0.08	)		(0.37	)		10.47		0.88			68,664		0.77			0.83			0.54			64
2019		10.29		0.07		0.88			0.95			(0.43	)		(0.06	)		(0.49	)		10.75		9.54			69,681		0.77			0.82			0.66			58
Emerging Markets Debt Fund
Class F
2024@	$	8.19	$	0.25	$	0.57		$	0.82		$	(0.26	)	$	—		$	(0.26	)	$	8.75		10.22	%	$	1,003,441		1.11	%		1.38	%		6.00	%		67	%
2023		7.52		0.48		0.51			0.99			(0.32	)		—			(0.32	)		8.19		13.13			1,102,419		1.30			1.56			5.79			95
2022		10.06		0.40		(2.78	)		(2.38	)		(0.16	)		—			(0.16	)		7.52		(24.04	)		1,108,531		1.36			1.62			4.52			88
2021		9.80		0.40		0.06			0.46			(0.20	)		—			(0.20	)		10.06		4.71			1,433,739		1.36			1.61			3.87			91
2020		9.93		0.40		(0.45	)		(0.05	)		(0.08	)		—			(0.08	)		9.80		(0.53	)		1,374,566		1.36			1.61			4.07			95
2019		9.30		0.47		0.32			0.79			(0.16	)		—			(0.16	)		9.93		8.51			1,483,467		1.36			1.62			4.93			114
Class Y
2024@	$	8.15	$	0.26	$	0.56		$	0.82		$	(0.29	)	$	—		$	(0.29	)	$	8.68		10.25	%	$	92,008		0.86	%		1.13	%		6.28	%		67	%
2023		7.49		0.50		0.51			1.01			(0.35	)		—			(0.35	)		8.15		13.50			92,433		1.05			1.31			6.08			95
2022		10.03		0.42		(2.77	)		(2.35	)		(0.19	)		—			(0.19	)		7.49		(23.87	)		84,482		1.11			1.37			4.77			88
2021		9.79		0.42		0.07			0.49			(0.25	)		—			(0.25	)		10.03		4.98			107,402		1.11			1.36			4.12			91
2020		9.92		0.42		(0.45	)		(0.03	)		(0.10	)		—			(0.10	)		9.79		(0.33	)		98,869		1.11			1.36			4.33			95
2019		9.28		0.50		0.32			0.82			(0.18	)		—			(0.18	)		9.92		8.84			111,948		1.11			1.37			5.18			114

@	For the six-month period ended March 31, 2024. All ratios for the period have been annualized.
^	Amount represents less than $0.005.
†	Returns and portfolio turnover rates are for the period indicated and 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.
*	Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 5 in Notes to Financial Statements.
**	See Note 5 in Notes to Financial Statements.
(1)	Per share calculated using average shares.

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

77

NOTES TO FINANCIAL STATEMENTS

March 31, 2024 (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 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”) each of which are diversified Funds with the exception of the International Fixed Income Fund and the Emerging Markets Debt Fund. Each Fund’s prospectus provides a description of its investment goal, principal investment strategies and risks. The assets of each Fund are segregated, and a Shareholder's interest is limited to the Fund in which shares are held. The Trust is registered to offer Class F (formerly Class A) and Class Y shares of each of the Funds and Class I shares of the International Equity Fund.

2. SIGNIFICANT ACCOUNTING POLICIES

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

Use of Estimates — The Funds are investment companies in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Therefore, the Funds follow the accounting and reporting guidelines for investment companies. The preparation of financial statements, in conformity with U.S. 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 — Pursuant to the requirements of the 1940 Act and Rule 2a-5, the administrator, as delegated by the Board of Trustees (the “Board”), has the responsibility for the valuation of Fund investments with readily available market quotations in accordance with the Funds’ Valuation and Pricing Policy. The Trust's Board of Trustees has designated SEI Investments Management Corporation (“SIMC”) as the Valuation Designee for the Funds pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act. The Valuation Designee has the responsibility for the fair value determination with respect to all Fund investments that do not have

readily available market quotations or quotations that are no longer reliable. SIMC has appointed a Valuation Committee (the “Committee”) and has established a Valuation and Pricing Policy to implement the Rule and the Funds’ Valuation and Pricing Policy (together the “Policy”).

When valuing portfolio securities, a Fund values securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (other than securities traded on National Association of Securities Dealers Automated Quotations (NASDAQ) or as otherwise noted below) at the last quoted sale price on an exchange or market (foreign or domestic) on which the securities are traded or, if there is no such reported sale, at the most recent quoted bid price. A Fund values securities traded on NASDAQ at the NASDAQ Official Closing Price. If available, debt securities, swaps (which are not centrally cleared), bank loans or debt tranches of collateralized debt obligations (including collateralized loan obligations), such as those held by the Funds, are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported sales price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations or other methodologies designed to identify the market value for such securities. Redeemable securities issued by open-end investment companies are valued at the investment company’s applicable Net Asset Value (“NAV”) per share, with the exception of ETFs, which are priced as equity securities. These open-end investment companies’ shares are offered in separate prospectuses, each of which describes the process by which the applicable investment company’s NAV is determined. The prices of foreign securities are reported in local currency and converted to U.S. dollars using currency exchange rates. If a security’s price cannot be obtained, as noted above, or in the case of an equity tranche of a CDO/CLO, a Fund will value the securities using a bid price from at least one independent broker.

On the first day a new debt security purchase is recorded, if a price is not available from a third-party pricing agent or an independent broker, the security may be valued at its purchase price. Each day thereafter, the debt security will be valued according to the Policy until an independent source can be secured. Debt securities held by a Fund with remaining maturities of 60 days or less will be valued by the amortized cost method, which involves valuing a security at its cost on the date of purchase and thereafter (absent unusual circumstances) assuming a constant amortization to

78

SEI Institutional International Trust

maturity of any discount or premium, regardless of the impact of fluctuations in general market rates of interest on the value of the instrument. While this method provides certainty in valuation, it may result in periods during which value, as determined by this method, is higher or lower than the price the Fund would receive if it sold the instrument, and the value of securities in the Fund can be expected to vary inversely with changes in prevailing interest rates. Should existing credit, liquidity or interest rate conditions in the relevant markets and issuer specific circumstances suggest that amortized cost does not approximate fair value, then the amortized cost method may not be used.

Options are valued at the last quoted sales price. If there is no such reported sale on the valuation date, long positions are valued at the most recent bid price, and short positions are valued at the most recent ask price. Futures and swaps cleared through a central clearing house (“centrally cleared swaps”) are valued at the settlement price established each day by the board of exchange on which they are traded. The daily settlement prices for financial futures and centrally cleared swaps are provided by an independent source. On days when there is excessive volume, market volatility or the future or centrally cleared swap does not end trading by the time the Fund calculates its NAV, the settlement price may not be available at the time at which a Fund calculates its NAV. On such days, the best available price (which is typically the last sales price) may be used to value a Fund’s futures or centrally cleared swaps position.

Foreign currency forward contracts are valued at the current day’s interpolated foreign exchange rate, as calculated using forward rates provided by an independent source.

Prices for most securities held by a Fund are provided daily by third-party independent pricing agents. SIMC or a Sub-Adviser (“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 will continuously monitor the reliability of prices obtained from any pricing service and shall promptly 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 SIMC, as Valuation Designee, if it receives such notification from 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.

The Policy provides that any change in a primary pricing agent or a pricing methodology requires prior approval by the Board of Trustees (“Board”). However, when

the change would not materially affect the valuation of a Fund’s net assets or involve a material departure in pricing methodology from that of a Fund’s existing pricing agent or pricing methodology, ratification may be obtained at the next regularly scheduled meeting of the Board.

Securities for which market prices are not "readily available" are valued in accordance with Rule 2a-5 and the Policy.

The Valuation Designee must monitor for circumstances that may necessitate that a security be valued using Fair Value Procedures which can include: (i) the security's trading has been halted or suspended, (ii) the security has been de-listed from a national exchange, (iii) the security's primary trading market is temporarily closed at a time when under normal conditions it would be open, (iv) the security has not been traded for an extended period of time, (v) the security's primary pricing source is not able or willing to provide a price, (vi) trading of the security is subject to local government-imposed restrictions; or (vii) a significant event (as defined below). When a security is valued in accordance with the Fair Value Procedures, the Valuation Designee will determine the value after taking into consideration relevant information reasonably available to the Valuation Designee. Examples of factors the Valuation Designee may consider include: (i) the type of security or asset, (ii) the last trade price, (iii) evaluation of the forces that influence the market in which the security is purchased and sold, (iv) the liquidity of the security, (v) the size of the holding in a Fund or (vi) any other appropriate information.

The Valuation Designee is responsible for selecting and applying, in a consistent manner, the appropriate methodologies for determining and calculating the fair value of holdings of the Funds, including specifying the key inputs and assumptions specific to each asset class or holding.

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.

The International Equity and Emerging Markets Equity Funds use a third-party fair valuation vendor. The vendor provides a fair value for foreign securities held by the International Equity and Emerging Markets Equity 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 vendor are applied in the event that there is a movement

SEI Institutional International Trust

79

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2024 (Unaudited)

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 and Emerging Markets Equity Funds shall value the non-U.S. securities in their portfolios that exceed the applicable “confidence interval” based upon the adjusted prices provided by the vendor. Additionally, if a local market in which the International Equity or Emerging Markets Equity Funds own securities is closed for one or more days (scheduled or unscheduled) while the Fund is open, and if such securities in a Fund’s portfolio exceed the predetermined confidence interval discussed above, then such Fund shall value such securities based on the fair value prices provided by the vendor.

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 NAV. The closing prices of such securities may no longer reflect their market value at the time a Fund calculates NAV if an event that could materially affect the value of those securities (a “Significant Event”), including substantial fluctuations in domestic or foreign markets or occurrences not tied directly to the securities markets, such as natural disasters, armed conflicts or significant governmental actions, has occurred between the time of the security’s last close and the time that a Fund calculates NAV. A Fund may invest in securities that are primarily listed on foreign exchanges that trade on weekends or other days when the Fund does not price its shares. As a result, the NAV of the Fund’s shares may change on days when shareholders will not be able to purchase or redeem Fund shares.

A Significant Event may relate to a single issuer or to an entire market sector. If SIMC or a Sub-Adviser 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 a Fund calculates NAV, it may request that a Committee meeting be called. In addition, with respect to certain securities, the Funds’ administrator performs price comparisons and price movement review (among other processes), to monitor the pricing data supplied by various sources. Any identified discrepancies are researched and subject to the procedures described above.

In accordance with U.S. GAAP, fair value is defined as the price that the Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy has been established to maximize the use of 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, 2024 maximized the use of observable inputs and minimized the use of unobservable inputs.

For the six months ended March 31, 2024, 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

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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 is not materially different from the effective interest method. Amortization of premiums and discounts is included in interest income.

Cash and Cash Equivalents — Idle cash and currency balances may be swept into various overnight sweep accounts and are classified as cash and cash equivalents on the Statement of Assets and Liabilities. These amounts, at times, may exceed United States federally insured limits. Amounts swept are available on the next business day.

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.

The Funds do not isolate that portion of gains and losses on investments in investment securities that is due to changes in the foreign exchange rates from that which is due to changes in market prices of investment 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 period 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 Schedule of Investments for details regarding open forward foreign currency contracts as of March 31, 2024, 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 and may also 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 Schedule of Investments for details

SEI Institutional International Trust

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March 31, 2024 (Unaudited)

regarding open futures contracts as of March 31, 2024, if applicable.

Options/Swaptions Written/Purchased — 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 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 Schedule of Investments for details regarding open option/swaption contracts as of March 31, 2024, 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 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. Swap agreements are privately negotiated in the over-the-counter market (“OTC swaps”) or may be executed in a multilateral or other trade facility platform, such as a registered commodities exchange (“Centrally Cleared swaps”). 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 SOFR (Secured Overnight Financing 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

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as unrealized gains or losses in the Statement of Operations. Centrally cleared swaps are valued at the settlement price established each day by the board of exchange on which they are traded. The daily settlement prices for centrally cleared swaps are provided by an independent source. Net payments of interest are recorded as realized gains or losses. Daily changes in valuation of Centrally Cleared swaps, if any, are recorded as a receivable or payable for the change in value as appropriate (“variation margin”) on the Statements of Assets and Liabilities.

Entering into swap agreements involves, to varying degrees, elements of credit and market risk in excess of the amounts recognized on the 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 Schedule of Investments for details regarding open swap contracts as of March 31, 2024, 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. The 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 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.

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 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

SEI Institutional International Trust

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NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2024 (Unaudited)

gains are only determined by each REIT after its fiscal year-end, and may differ from the estimated amounts.

3. CREDIT DERIVATIVES

A Fund may use credit default swaps to reduce risk where a Fund has exposure to the issuer, or to take an active long or short position with respect to the likelihood of an event of default. The reference obligation of the swap can be a single issuer, a “basket” of issuers, or an index. The underlying referenced assets are corporate debt, sovereign debt and asset backed securities.

The buyer of a credit default swap is generally obligated to pay the seller a periodic stream of payments over the term of the contract in return for a contingent payment upon the occurrence of a credit event with respect to an underlying reference obligation. Generally, a credit event for corporate or sovereign reference obligations means bankruptcy, failure to pay, obligation acceleration, repudiation/moratorium or restructuring. For credit default swaps on asset-backed securities, a credit event may be triggered by events such as failure to pay principal, maturity extension, rating downgrade or write-down.

If a Fund is a seller of protection, and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will generally either (i) pay to the buyer an amount equal to the notional amount of the swap and take delivery of the referenced obligation, other deliverable obligations, or underlying securities comprising a referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising a referenced index.

If a Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. Recovery values are calculated by market makers considering either industry standard recovery rates or entity specific factors and considerations until a credit event occurs. If a credit event has occurred, the recovery value is determined by a facilitated auction whereby a minimum number of allowable broker bids, together with

a specified valuation method, are used to calculate the settlement value.

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4. DERIVATIVE CONTRACTS

The following tables show the derivatives categorized by underlying risk exposure. The fair value of derivative instruments as of period end was as follows ($ Thousand):

	Asset Derivatives				Liability Derivatives
	Period ended March 31, 2024				Period ended March 31, 2024
	Statements of Assets and Liabilities Location	Fair Value			Statements of Assets and Liabilities Location	Fair Value
International Equity Fund
Equity contracts	Unrealized appreciation on futures contracts	$	635	*	Unrealized depreciation on futures contracts	$	—	*
	Unrealized appreciation on swap contracts		3,243	†	Unrealized depreciation on swap contracts		—	†
Total derivatives not accounted for as hedging instruments		$	3,878			$	—
Emerging Markets Equity Fund
Equity contracts	Unrealized appreciation on futures contracts	$	—	*	Unrealized depreciation on futures contracts	$	192	*
Total derivatives not accounted for as hedging instruments		$	—			$	192
International Fixed Income Fund
Interest rate contracts	Unrealized appreciation on futures contracts	$	208	*	Unrealized depreciation on futures contracts	$	135	*
	Unrealized appreciation on swaps contracts		35	†	Unrealized depreciation on swaps contracts		—	†
	Unrealized appreciation on swaps contracts		28	†	Unrealized depreciation on swaps contracts		—	†
Foreign exchange contracts	Unrealized gain on forward foreign currency contracts		4,498		Unrealized loss on forward foreign currency contracts		2,514
Total derivatives not accounted for as hedging instruments		$	4,769			$	2,649

Emerging Markets Debt Fund
Interest rate contracts	Unrealized appreciation on futures contracts	$	198	*	Unrealized depreciation on futures contracts	$	234	*
	Unrealized appreciation on swaps contracts		247	†	Unrealized depreciation on swaps contracts		652	†
	Unrealized appreciation on swaps contracts		1,101	†	Unrealized depreciation on swaps contracts		1,626	†
Credit contracts	Unrealized appreciation on swaps contracts		2	†	Unrealized depreciation on swaps contracts		361	†
	Unrealized appreciation on swaps contracts		—	†	Unrealized depreciation on swaps contracts		13	†
Foreign exchange contracts	Unrealized gain on forward foreign currency contracts		5,048		Unrealized loss on forward foreign currency contracts		4,181
Total derivatives not accounted for as hedging instruments		$	6,596			$	7,067

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

^† Includes cumulative appreciation/depreciation of swap contracts as reported in the Schedules of Investments. Market Value is reported within the Statements of Assets & Liabilities for OTC swap contracts that have paid premiums. For centrally cleared swap contracts current days variation margin is reported within the Statements of Assets & Liabilities.

SEI Institutional International Trust

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NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2024 (Unaudited)

The effect of derivative instruments on the Statements of Operations for the six months ended March 31, 2024:

Amount of realized gain or (loss) on derivatives recognized in income ($ Thousands):

Derivatives Not Accounted for as Hedging Instruments	Purchased Options and Swaptions			Written Options and Swaptions		Futures		Forward Currency Contracts		Swaps			Total
International Equity Fund	$			$		$		$		$			$
Equity contracts		—			—		6,604		—		13,255			19,859
Total	$	—		$	—	$	6,604	$	—	$	13,255		$	19,859
Emerging Markets Equity Fund	$			$		$		$		$			$
Equity contracts		—			—		354		—		—			354
Total	$	—		$	—	$	354	$	—	$	—		$	354
International Fixed Income Fund	$			$		$		$		$			$
Interest rate contracts		—			—		642		—		(223	)		419
Foreign exchange contracts		—			—		—		4,209		—			4,209
Equity contracts		(3	)		—		—		—		—			(3	)
Total	$	(3	)	$	—	$	642	$	4,209	$	(223	)	$	4,625
Emerging Markets Debt Fund	$			$		$		$		$			$
Interest rate contracts		—			—		601		—		165			766
Foreign exchange contracts		—			—		—		2,941		—			2,941
Total	$	—		$	—	$	601	$	2,941	$	165		$	3,707

Change in unrealized appreciation or (depreciation) on derivatives recognized in income ($ Thousands):

Derivatives Not Accounted for as Hedging Instruments	Purchased Options and Swaptions			Written Options and Swaptions		Futures		Forward Currency Contracts			Swaps			Total
International Equity Fund	$			$		$		$			$			$
Equity contracts		—			—		1,088		—			2,483			3,571
Total	$	—		$	—	$	1,088	$	—		$	2,483		$	3,571
Emerging Markets Equity Fund	$			$		$		$			$			$
Equity contracts		—			—		575		—			—			575
Total	$	—		$	—	$	575	$	—		$	–		$	575
International Fixed Income Fund	$			$		$		$			$			$
Interest rate contracts		—			—		306		—			415			721
Foreign exchange contracts		—			—		—		(4,529	)		—			(4,529	)
Equity contracts		(1	)		—		—		—			—			(1	)
Total	$	(1	)	$	—	$	306	$	(4,529	)	$	415		$	(3,809	)
Emerging Markets Debt Fund	$			$		$		$			$			$
Interest rate contracts		—			—		228		—			(85	)		143
Foreign exchange contracts		—			—		—		1,111			—			1,111
Total	$	—		$	—	$	228	$	1,111		$	(85	)	$	1,254

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A Fund is subject to various netting arrangements with select counterparties (“Master Agreements”). Master Agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying credit protection mechanisms and providing standardization that improves legal certainty. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different Master Agreement, resulting in the need for multiple agreements with a single counterparty. As the Master Agreements are specific to unique operations of different asset types, they allow a Fund to close out and net its total exposure to a specific counterparty entity in the event of a default with respect to all the transactions governed under a single agreement with a specific counterparty entity.

Master Agreements can also help limit counterparty risk by specifying collateral posting arrangements at pre-arranged exposure levels. Under the Master Agreements, collateral is routinely transferred if the total net exposure to certain transactions (net of existing collateral already in place) governed under the relevant Master Agreement with a counterparty in a given account exceeds a specified threshold, which typically ranges from zero to $250,000 depending on the counterparty and the type of Master Agreement. United States Treasury Securities and U.S. dollar cash are generally the preferred forms of collateral. Securities and cash pledged as collateral are reflected as assets in the Statements of Assets and Liabilities as either a component of investments at value (securities) or deposits due from counterparties (cash). Cash collateral received is not typically held in a segregated account and as such is reflected as a liability in the Statement of Assets and Liabilities as deposits due to counterparties. The market value of any securities received as collateral is not reflected as a component of net asset value. A Fund’s overall exposure to counterparty risk can change substantially within a short period, as it is affected by each transaction subject to the relevant Master Agreement.

Customer Account Agreements and related addendums govern exchange traded derivatives transactions such as futures, options on futures, and centrally cleared swaps. Exchange traded derivative transactions require posting of initial margin as determined by each relevant clearing agency which is segregated at a broker account registered with the Commodities Futures Trading Commission (CFTC), or the applicable regulator. In the US, counterparty risk is significantly reduced as creditors of the futures broker do not have claim to Fund assets in the segregated account. Additionally, portability of

exposure in the event of default further reduces risk to the Funds. Variation margin, or changes in market value, are exchanged daily, but may not be netted between futures and cleared OTC derivatives.

SEI Institutional International Trust

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NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2024 (Unaudited)

The following is a summary of the variation margin of exchange-traded or centrally cleared financial derivative instruments of the Funds as of March 31, 2024 ($ Thousands):

	Financial Derivatives Assets						Financial Derivatives Liabilities
	Variation Margin Asset						Variation Margin Liability
Fund	Futures		Swap Agreements		Total		Futures		Swap Agreements		Total
International Equity Fund	$	190	$	—	$	190	$	103	$	—	$	103
Emerging Markets Equity Fund		94		—		94		—		—		—
International Fixed Income Fund		35		1		36		62		—		62
Emerging Markets Debt Fund		19		1,080		1,099		53		503		556

Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2024 amounted to $4,248 ($ Thousands) for the International Equity Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2024 amounted to $653 ($ Thousands) for the Emerging Markets Equity Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2024 amounted to $435 ($ Thousands) for the International Fixed Income Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2024 amounted to $5,994 ($ Thousands) for the Emerging Markets Debt Fund.

International Swaps and Derivatives Association, Inc. Master Agreements and Credit Support Annexes (“ISDA Master Agreements”) govern OTC financial

derivative transactions entered into by a Fund and select counterparties. ISDA Master Agreements maintain provisions for general obligations, representations, agreements, collateral and events of default or termination. Events of termination include conditions that may entitle counterparties to elect to terminate early and cause settlement of all outstanding transactions under the applicable ISDA Master Agreement. Any election to terminate early could be material to the financial statements. In limited circumstances, the ISDA Master Agreement may contain additional provisions that add additional counterparty protection beyond coverage of existing daily exposure if the counterparty has a decline in credit quality below a predefined level. These amounts, if any, may be segregated with a third party custodian.

The following is a summary by derivative type of the market value of OTC financial derivative instruments and collateral (received)/pledged as of March 31, 2024 ($ Thousands):

	Financial Derivative Assets						Financial Derivative Liabilities
International Equity Fund	Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Net Market Value of OTC Derivatives		Collateral (Received)/ Pledged*		Net Exposures^
Morgan Stanley	$	—	$	3,243	$	3,243	$	—	$	—	$	—	$	3,243	$	—		$ 3,243
Total Over the Counter	$	—	$	3,243		$ 3,243	$	—	$	—	$	—

	Financial Derivative Assets						Financial Derivative Liabilities
International Fixed Income Fund	Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Net Market Value of OTC Derivatives			Collateral (Received)/ Pledged*		Net Exposures^
Bank of America	$	34	$	—	$	34	$	10	$	—	$	10	$	24		$	—		$ 24
Barclays PLC		186		—		186		142		—		142		44			—		44
BNP Paribas		698		—		698		142		—		142		556			—		556
Brown Brothers Harriman		88		—		88		35		—		35		53			—		53
CIBC		245		—		245		24		—		24		221			—		221
Citigroup		126		—		126		32		—		32		94			—		94
Commonwealth Bank of Australia		—		—		—		2		—		2		(2	)		—		(2	)
Credit Agricole		—		—		—		4		—		4		(4	)		—		(4	)
Deutsche Bank		142		35		177		—		—		—		177			—		177
Goldman Sachs		97		—		97		97		—		97		—			—		—
HSBC		95		—		95		11		—		11		84			—		84
JPMorgan Chase Bank		1,729		—		1,729		1,511		—		1,511		218			—		218

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SEI Institutional International Trust

	Financial Derivative Assets						Financial Derivative Liabilities
International Fixed Income Fund	Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Net Market Value of OTC Derivatives			Collateral (Received)/ Pledged*		Net Exposures^
Merrill Lynch	$	13	$	—	$	13	$	10	$	—	$	10	$	3			—		3
Midland Walwyn Capital Inc.		6		—		6		69		—		69		(63	)		—		(63	)
Morgan Stanley		805		—		805		111		—		111		694			—		694
RBC		8		—		8		46		—		46		(38	)		—		(38	)
RBS		—		—		—		3		—		3		(3	)		—		(3	)
SCB Securities		11		—		11		6		—		6		5			—		5
Societe Generale		7		—		7		3		—		3		4			—		4
State Street		36		—		36		47		—		47		(11	)		—		(11	)
TD Securities		6		—		6		3		—		3		3			—		3
UBS		164		—		164		192		—		192		(28	)		—		(28	)
Westpac Banking		2		—		2		14		—		14		(12	)		—		(12	)
Total Over the Counter	$	4,498	$	35	$	4,533	$	2,514	$	—	$	2,514

	Financial Derivative Assets						Financial Derivative Liabilities
Emerging Markets Debt Fund	Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Forward Foreign Currency Contracts		Swap Agreements		Total Over the Counter		Net Market Value of OTC Derivatives			Collateral (Received)/ Pledged*		Net Exposures^
Barclays PLC	$	256	$	—	$	256	$	223	$	—	$	223	$	33		$	—	$	33
BNP Paribas		47		—		47		185		—		185		(138	)		—		(138	)
Citibank		—		92		92		—		97		97		(5	)		—		(5	)
Citigroup		867		—		867		600		—		600		267			—		267
Deutsche Bank		11		—		11		32		—		32		(21	)		—		(21	)
Goldman Sachs		609		155		764		613		385		998		(234	)		—		(234	)
JPMorgan Chase Bank		852		—		852		1,170		170		1,340		(488	)		—		(488	)
Merrill Lynch		243		—		243		—		—		—		243			—		243
Midland Walwyn Capital Inc.		37		—		37		26		—		26		11			—		11
Morgan Stanley		233		2		235		256		361		617		(382	)		—		(382	)
SCB Securities		87		—		87		140		—		140		(53	)		—		(53	)
Standard Bank		1,651		—		1,651		823		—		823		828			—		828
Standard Chartered		43		—		43		61		—		61		(18	)		—		(18	)
State Street		112		—		112		52		—		52		60			—		60
Total Over the Counter	$	5,048	$	249	$	5,297	$	4,181	$	1,013	$	5,194

^ Net Exposures represents the net receivable/(payable) that would be due from/to the counterparty in the event of default. Exposure from OTC financial derivative instruments can only be netted across transactions governed under the same master agreement with the same legal entity.

* Excess collateral pledged is not shown for financial reporting purposes.

No securities have been pledged or have been received as collateral for OTC financial derivative instruments as governed by ISDA Master Agreements as of March 31, 2024.

SEI Institutional International Trust

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NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2024 (Unaudited)

The following table discloses the average quarterly balances of the Funds’ derivative activity during the six months ended March 31, 2024 ($ Thousands):

	International Equity Fund		Emerging Markets Equity Fund		International Fixed Income Fund		Emerging Markets Debt Fund
Futures Contracts:
Average Notional Balance Long	$	39,742	$	21,416	$	47,562	$	68,004
Average Notional Balance Short		–		–		35,066		20,039
Forward Foreign Currency Contracts:
Average Notional Balance Long		–		–		801,644		613,691
Average Notional Balance Short		–		–		804,612		613,604
Credit Default Swaps:
Average Notional Balance Buy Protection		–		–		–		4,054
Total Return Swaps
Average Notional Balance Long		18,508		–		–		–
Average Notional Balance Short		–		–		–		–
Interest Rate Swaps
Average Notional Balance		–		–		24,866		385,983

5. 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”) is the distributor of the shares of the Funds. The Funds have adopted a shareholder services plan and agreement (the Service Plan) with respect to Class F (formerly Class A) and Class I Shares that allows such shares to pay service providers a fee, based on average daily net assets of each respective Class of Shares, in connection with the ongoing servicing of shareholder accounts owning such shares. The International Equity Fund has also adopted an administrative services plan and agreement (the Administrative Service Plan) with respect to Class I Shares that allows such Shares to pay service providers

a fee, based on average daily net assets of the Class I Shares, in connection with ongoing administrative services for shareholder accounts owning such Shares.

The Service Plan and Administrative Service Plan provide that shareholder service fees and administrative service fees, respectively, on Class F (formerly Class A) and Class I Shares will be paid to the Distributor, which may then be used by the Distributor to compensate financial intermediaries for providing shareholder services and administrative services, as applicable, with respect to the Shares.

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 voluntary 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 and Distributor and the contractual and voluntary expense limitations for each Fund:

	Advisory Fee			Shareholder Servicing Fee			Administrative Servicing Fee			Voluntary Expense Limitation
International Equity Fund
Class F		0.51	%		0.25	%		—			1.15	%
Class I		0.51	%		0.25	%		0.25	%		1.40	%
Class Y		0.51	%		—			—			0.90	%
Emerging Markets Equity Fund

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SEI Institutional International Trust

	Advisory Fee			Shareholder Servicing Fee			Administrative Servicing Fee		Voluntary Expense Limitation
Class F		0.85	%		0.25	%		—		1.46	%
Class Y		0.85	%		—			—		1.21	%
International Fixed Income Fund
Class F		0.30	%		0.25	%		—		1.01	%
Class Y		0.30	%		—			—		0.76	%
Emerging Markets Debt Fund
Class F		0.65	%		0.25	%		—		1.11	%
Class Y		0.65	%		—			—		0.86	%

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

	First $1.5 Billion of Assets			Next $500 Million of Assets			Next $500 Million of Assets			Next $500 Million of Assets			Over $3 Billion of Assets
International Equity Fund		0.400	%		0.340	%		0.280	%		0.235	%		0.200	%
Emerging Markets Equity Fund		0.400	%		0.340	%		0.280	%		0.235	%		0.200	%
International Fixed Income Fund		0.400	%		0.340	%		0.280	%		0.235	%		0.200	%
Emerging Markets Debt Fund		0.400	%		0.340	%		0.280	%		0.235	%		0.200	%

Investment Sub-Advisory Agreements — As of March 31, 2024, 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

Delaware Investments Fund Advisers, a series of Macquarie Asset Management Business Trust

Lazard Asset Management LLC

Pzena Investment Management, LLC

WCM Investment Management LLC

Emerging Markets Equity Fund

Aikya Investment Management Limited

JOHCM (USA) Inc.

KBI Global Investors (North America) Ltd.

Qtron Investments LLC

Robeco Institutional Asset Management US Inc.

International Fixed Income Fund

AllianceBernstein L.P.

Colchester Global Investors Limited

Wellington Management Company LLP

Emerging Markets Debt Fund

Colchester Global Investors Limited

Grantham, Mayo, Van Otterloo & Co. LLC

Marathon Asset Management, L.P.

Neuberger Berman Investment Advisers LLC

Ninety One UK Ltd.

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

Brokerage Commissions Paid to Affiliates — 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.

There were no such commissions for the six months ended March 31, 2024.

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, 2024 can be found on the Statement of Operations and Financial Highlights, if applicable.

Investment in Affiliated Securities — The Funds may invest in the SEI Daily Income Trust Government Fund, an affiliated money market fund to manage excess cash or to serve as margin or collateral for derivative positions. Additionally, the Funds may invest cash collateral from the securities lending program in the SEI Liquidity Fund, LP, also an affiliated fund.

Payment to Affiliates — Certain Officers and Trustees of the Trust are also Officers and/or Directors 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.

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

SEI Institutional International Trust

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NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2024 (Unaudited)

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. As of and during the year ended March 31, 2024, the Trust has not participated in the Program.

6. INVESTMENT TRANSACTIONS

The cost of security purchases and the proceeds from the sale of securities, other than temporary cash investments, during the six months ended March 31, 2024, were as follows:

	International Equity Fund ($ Thousands)		Emerging Markets Equity Fund ($ Thousands)		International Fixed Income Fund ($ Thousands)		Emerging Markets Debt Fund ($ Thousands)
Purchases
U.S. Government	$	—	$	—	$	14,388	$	21,877
Other		1,461,397		514,190		217,810		435,998
Sales
U.S. Government		—		—		15,849		15,888
Other		1,653,196		483,031		221,731		629,827

7. 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 U.S. GAAP. 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 and distributable earnings, as appropriate, in the period that the differences arise.

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

		Ordinary Income ($ Thousands)		Long-term Capital Gain ($ Thousands)		Total ($ Thousands)
International Equity Fund	2023	$	69,045	$	—	$	69,045
	2022		273,801		333,275		607,076
Emerging Markets Equity Fund	2023		29,666		—		29,666
	2022		22,606		147,145		169,751
International Fixed Income Fund	2023		51,577		1,610		53,187
	2022		6,393		5,453		11,846
Emerging Markets Debt Fund	2023		48,046		—		48,046
	2022		24,809		—		24,809

As of September 30, 2023, the components of Distributable Earnings (Accumulated Losses) were as follows:

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SEI Institutional International Trust

	Undistributed Ordinary Income ($ Thousands)		Undistributed Long-Term Capital Gain ($ Thousands)		Capital Loss Carryforwards ($ Thousands)			Post October Losses ($ Thousands)			Late Year Ordinary Losses ($ Thousands)			Unrealized Appreciation (Depreciation) ($ Thousands)			Other Temporary Differences ($ Thousands)			Total Distributable Earnings (Accumulated Losses) ($ Thousands)
International Equity Fund	$	80,039	$	—	$	(61,705	)	$	—		$	—		$	172,853		$	—		$	191,187
Emerging Markets Equity Fund		22,550		—		(115,070	)		(9,152	)		—			6,944			(1	)		(94,729	)
International Fixed Income Fund		—		—		(922	)		(14,540	)		(22,243	)		(72,134	)		(1,881	)		(111,720	)
Emerging Markets Debt Fund		12,468		—		(157,007	)		(67,591	)		—			(155,784	)		(14,740	)		(382,654	)

Post-October losses represent losses realized on investment transactions from November 1, 2022 through September 30, 2023 that, in accordance with Federal income tax regulations, the Funds may elect to defer and treat as having arisen in the following fiscal year.

For Federal income tax purposes, capital loss carryforwards may be carried forward and applied against future capital gains.

The Funds have capital losses carried forward as follows:

	Short-Term Loss ($ Thousands)		Long-Term Loss ($ Thousands)		Total ($ Thousands)
International Equity Fund		61,705		–		61,705
Emerging Markets Equity Fund		115,070		–		115,070
International Fixed Income Fund		526		396		922
Emerging Markets Debt Fund		112,934		44,073		157,007

For Federal income tax purposes, the cost of securities owned at March 31, 2024, 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 derivatives, passive foreign investment companies 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 held by the Funds at March 31, 2024, was as follows:

	Federal Tax Cost ($ Thousands)		Appreciated Securities ($ Thousands)		Depreciated Securities ($ Thousands)			Net Unrealized Appreciation/ (Depreciation) ($ Thousands)
International Equity Fund	$	3,368,413	$	770,977	$	(143,819	)	$	627,158
Emerging Markets Equity Fund		1,370,341		303,582		(109,478	)		194,104
International Fixed Income Fund		467,645		7,730		(35,903	)		(28,173	)
Emerging Markets Debt Fund		1,101,265		43,806		(81,262	)		(37,456	)

Management has analyzed the Funds’ tax positions taken on federal income tax returns for all open tax years and has concluded that as of March 31, 2024, 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.

8. CONCENTRATION/RISKS

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

To the extent consistent with its Investment Strategy, a Fund may have one of more of the following principal risks:

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

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

Currency Risk — As a result of a Fund’s investments in active positions in currencies and securities or other investments denominated in, and/or receiving revenues in, foreign currencies and the Fund’s active management of its currency exposures, the Fund will be subject to currency risk. Currency risk is the risk that foreign currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency hedged. In either event, the dollar value of an investment in the Fund would be adversely affected. Due to the Fund’s active positions in currencies, it will be subject to the risk that currency exchange rates may fluctuate in response

SEI Institutional International Trust

93

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2024 (Unaudited)

to, among other things, changes in interest rates, intervention (or failure to intervene) by U.S. or foreign governments, central banks or supranational entities, or by the imposition of currency controls or other political developments in the United States or abroad.

Current Market Conditions Risk — Current market conditions risk is the risk that a particular investment, or shares of the Funds in general, may fall in value due to current market conditions. As a means to fight inflation, which remains at elevated levels, the Federal Reserve and certain foreign central banks have raised interest rates and expect to continue to do so, and the Federal Reserve has announced that it intends to reverse previously implemented quantitative easing. U.S. regulators have proposed several changes to market and issuer regulations that could directly impact the Funds, and any regulatory changes could adversely impact the Funds' ability to achieve its investment strategies or make certain investments. Recent and potential future bank failures could result in disruption to the broader banking industry or markets generally and reduce confidence in financial institutions and the economy as a whole, which may also heighten market volatility and reduce liquidity. The ongoing adversarial political climate in the United States, as well as political and diplomatic events both domestic and abroad, have and may continue to have an adverse impact the U.S. regulatory landscape, markets and investor behavior, which could have a negative impact on the Fund’s investments and operations. Other unexpected political, regulatory and diplomatic events within the U.S. and abroad may affect investor and consumer confidence and may adversely impact financial markets and the broader economy. The economies of the United States and its trading partners, as well as the financial markets generally, may be adversely impacted by trade disputes and other matters. If geopolitical conflicts develop or worsen, economies, markets and individual securities may be adversely affected, and the value of the Funds' assets may go down. The COVID-19 global pandemic, or any future public health crisis, and the ensuing policies enacted by governments and central banks have caused and may continue to cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects. Advancements in technology may also adversely impact markets and the overall performance of the Funds.

Foreign Investment/Emerging Markets Risk — The risk that non-U.S. securities may be subject to additional risks due to, among other things, political, social and economic developments abroad, currency movements and different legal, regulatory, tax, accounting and audit environments. These additional risks may be heightened with respect to emerging market countries because political turmoil and rapid changes in economic

conditions are more likely to occur in these countries. Investments in emerging markets are subject to the added risk that information in emerging market investments may be unreliable or outdated due to differences in regulatory, accounting or auditing and financial record keeping standards, or because less information about emerging market investments is publicly available. In addition, the rights and remedies associated with emerging market investments may be different than investments in developed markets. A lack of reliable information, rights and remedies increase the risks of investing in emerging markets in comparison to more developed markets. In addition, periodic U.S. Government restrictions on investments in issuers from certain foreign countries may require the Fund to sell such investments at inopportune times, which could result in losses to the Fund.

Interest Rate Risk — The risk that a change in interest rates will cause a fall in the value of fixed income securities, including U.S. Government securities, in which the Fund invests. Generally, the value of the Fund’s fixed income securities will vary inversely with the direction of prevailing interest rates. Changing interest rates may have unpredictable effects on the markets and may affect the value of liquidity of instruments held by the Fund. Although U.S. Government securities are considered to be among the safest investments, they are not guaranteed against price movements due to changing interest rates.

Market Risk — The risk that the market value of a security may move up and down, sometimes rapidly and unpredictably. Market risk may affect a single issuer, an industry, a sector or the equity or bond market as a whole. Equity markets may decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value, public perceptions concerning these developments, and adverse investor sentiment or publicity. Similarly, environmental and public health risks, such as natural disasters, epidemics, pandemics or widespread fear that such events may occur, may impact markets adversely and cause market volatility in both the short- and long-term. The prices of the Fund’s fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments and their agencies. Generally, the Fund’s fixed income securities will decrease in value if interest rates rise and vice versa. In a low interest rate environment, risks associated with rising rates are heightened. Declines in dealer market-making capacity as a result of structural or regulatory changes could further decrease liquidity and/or increase

94

SEI Institutional International Trust

volatility in the fixed income markets. Markets for fixed income securities may decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value, public perceptions concerning these developments, and adverse investor sentiment or publicity. Similarly, environmental and public health risks, such as natural disasters, epidemics, pandemics or widespread fear that such events may occur, may impact markets adversely and cause market volatility in both the short- and long-term. In response to these events, the Fund’s value may fluctuate and/or the Fund may experience increased redemptions from shareholders, which may impact the Fund’s liquidity or force the Fund to sell securities into a declining or illiquid market.

Mortgage-Backed Securities Risk — Mortgage-backed securities are affected significantly by the rate of prepayments and modifications of the mortgage loans backing those securities, as well as by other factors such as borrower defaults, delinquencies, realized or liquidation losses and other shortfalls. Mortgage-backed securities are particularly sensitive to prepayment risk, which is described below, given that the term to maturity for mortgage loans is generally substantially longer than the expected lives of those securities; however, the timing and amount of prepayments cannot be accurately predicted. The timing of changes in the rate of prepayments of the mortgage loans may significantly affect the Funds’ actual yield to maturity on any mortgage-backed securities, even if the average rate of principal payments is consistent with the Funds’ expectation. Along with prepayment risk, mortgage-backed securities are significantly affected by interest rate risk, which is described above. In a low interest rate environment, mortgage loan prepayments would generally be expected to increase due to factors such as refinancing and loan modifications at lower interest rates. In contrast, if prevailing interest rates rise, prepayments of mortgage loans would generally be expected to decline and therefore extend the weighted average lives of mortgage-backed securities held or acquired by the Funds.

Please refer to each Fund’s current prospectus for additional disclosure regarding the risks associated with investing in the Funds. The foregoing is not intended to be a complete discussion of the risks associated with the investment strategies of the Funds.

9. 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 restricted from recovering the loaned securities or disposing of the collateral for the loan which could give rise to loss because of adverse market actions expenses and/or delays in connection with the disposition of the underlying securities.

Cash collateral received in connection with securities lending is invested in eligible securities by the lending agent. These investments may include the SEI Liquidity Fund, LP (“Liquidity Fund”) and the Fund bears its pro rata portion of the Liquidity Fund’s expenses and is subject to the risk of loss in the underlying investments of the Liquidity Fund and losses on such investment. There is no guarantee that these investments will not lose value.

The following is a summary of securities lending agreements held by certain Funds which would be subject to offset as of March 31, 2024 ($ Thousands):

	Securities Loaned at Value		Cash Collateral Received(1)		Net Amount
International Equity Fund	$	90,925	$	90,925	$	—
Emerging Markets Equity Fund		246		246		—
Emerging Markets Debt Fund		8,460		8,460		—

(1) Excess collateral received in connection with the above securities lending transactions is not shown for financial reporting purposes. See each Fund’s Schedule of Investments for the total collateral received.

SEI Institutional International Trust

95

NOTES TO FINANCIAL STATEMENTS (Concluded)

March 31, 2024 (Unaudited)

10. CONCENTRATION OF SHAREHOLDERS

SEI Private Trust Company (“SPTC”) and SIMC are subsidiaries of SEI Investments Company. As of March 31, 2024, SPTC held of record the following:

Fund	Class F		Class I		Class Y
International Equity Fund	96.12	%	0.41	%	53.38	%
Emerging Markets Equity Fund	96.87	%	—	%	62.02	%
International Fixed Income Fund	97.87	%	—	%	98.59	%
Emerging Markets Debt Fund	97.65	%	—	%	68.66	%

SPTC is not a direct service provider to the SEI Funds. However, SPTC performs a role in the comprehensive investment solution that SEI provides to investors. SPTC holds shares in the Funds as custodian for shareholders that are clients of independent registered investment advisers, financial planners, bank trust departments and other financial advisers. SPTC maintains omnibus accounts at the Fund’s transfer agent.

11. REGULATORY MATTERS

Effective June 30, 2023, the U.K. Financial Conduct Authority stopped compelling or inducing banks to submit LIBOR rates. Investments impacted by the discontinuation of LIBOR may include bank loans, derivatives, floating rate securities, and other assets or liabilities tied to LIBOR. Actions by regulators have resulted in the establishment of alternative reference rates to LIBOR in most major currencies. The U.S. Federal Reserve, based on the recommendations of the New York Federal Reserve’s Alternative Reference Rate Committee (composed of major derivative market participants and their regulators), has begun publishing a Secured Overnight Financing Rate (SOFR), a broad measure of secured overnight U.S. Treasury repo rates, to replace U.S. dollar LIBOR. Actions by regulators have resulted in the establishment of alternative reference rates to LIBOR in most major currencies. In response to the discontinuation of LIBOR, investors have added fallback provisions to existing contracts for investments whose value is tied to LIBOR, with most fallback provisions requiring the adoption of SOFR as a replacement rate. On March 15, 2022, the Adjustable Interest Rate Act was signed into law (the “LIBORAct”), which, in conjunction with regulations adopted by the Federal Reserve Board, establishes SOFR as the default fallback rate for any U.S. contract without a fallback provision. As of July 1, 2023 and continuing through September 30, 2024, the U.K. Financial Conduct Authority will publish 1-, 3- and 6-month synthetic U.S. dollar LIBOR settings based on SOFR to serve as a fallback for non-U.S. contracts.

12. SUBSEQUENT EVENTS

Management has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the financial statements were issued. Based on this evaluation, no disclosure and/or adjustments were required to the financial statements as of March 31, 2024.

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SEI Institutional International Trust

DISCLOSURE OF FUND EXPENSES (Unaudited)

March 31, 2024

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 October 1, 2023 to March 31, 2024.

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 10/1/23		Ending Account Value 3/31/24		Annualized Expense Ratios			Expenses Paid During Period *
International Equity Fund
Actual Fund Return
Class F	$	1,000.00	$	1,141.50		1.10	%	$	5.89
Class I		1,000.00		1,139.40		1.36			7.27
Class Y		1,000.00		1,142.30		0.86			4.61
Hypothetical 5% Return
Class F	$	1,000.00	$	1,019.50		1.10	%	$	5.55
Class I		1,000.00		1,018.20		1.36			6.86
Class Y		1,000.00		1,020.70		0.86			4.34
Emerging Markets Equity Fund
Actual Fund Return
Class F	$	1,000.00	$	1,103.60		1.46	%	$	7.68
Class Y		1,000.00		1,105.30		1.21			6.37
Hypothetical 5% Return
Class F	$	1,000.00	$	1,017.70		1.46	%	$	7.36
Class Y		1,000.00		1,018.95		1.21			6.11

	Beginning Account Value 10/1/23		Ending Account Value 3/31/24		Annualized Expense Ratios			Expenses Paid During Period *
International Fixed Income Fund
Actual Fund Return
Class F	$	1,000.00	$	1,058.30		1.01	%	$	5.20
Class Y		1,000.00		1,058.00		0.76			3.91
Hypothetical 5% Return
Class F	$	1,000.00	$	1,019.95		1.01	%	$	5.10
Class Y		1,000.00		1,021.20		0.76			3.84
Emerging Markets Debt Fund
Actual Fund Return
Class F	$	1,000.00	$	1,101.00		1.11	%	$	5.83
Class Y		1,000.00		1,102.50		0.86			4.52
Hypothetical 5% Return
Class F	$	1,000.00	$	1,019.45		1.11	%	$	5.60
Class Y		1,000.00		1,020.70		0.86			4.34

* Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied by 183/365 (to reflect the one-half year period shown).

SEI Institutional International Trust

97

LIQUIDITY RISK MANAGEMENT PROGRAM (Unaudited)

March 31, 2024

Pursuant to Rule 22e-4 under the 1940 Act, the Trust, on behalf of the Funds, has adopted a liquidity risk management program (the “Program”) to govern the Trust’s approach to managing liquidity risk. The Program is overseen by the SIMC Liquidity Risk Oversight Committee, and the Program’s principal objectives include assessing, managing and periodically reviewing each Fund’s liquidity risk, based on factors specific to the circumstances of the Fund.

At a meeting of the Board held on January 31, 2024, the Trustees received a report from the SIMC Liquidity Risk Oversight Committee addressing the operations of the Program and assessing its adequacy and effectiveness of implementation. The SIMC Liquidity Risk Oversight Committee determined, and reported to the Board, that the Program remains reasonably designed to assess and manage each Fund’s liquidity risk and that the Program adequately and effectively managed each Fund’s liquidity risk during the 2023 calendar year. The SIMC Liquidity Risk Oversight Committee also reported that with respect to the Trust there were no reportable liquidity events during the period.

There can be no assurance that the Program will achieve its objectives in the future. Please refer to the prospectus for more information regarding a Fund’s exposure to liquidity risk and other principal risks to which an investment in the Funds may be subject.

98

SEI Institutional International Trust

BOARD OF TRUSTEES’ CONSIDERATIONS IN APPROVING THE 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 which SIMC provides investment advisory services to the series of the Trust (the “Funds”). Pursuant to separate sub-advisory agreements with SIMC (the “Sub-Advisory Agreements” and, together with the Advisory Agreement, the “Investment Advisory Agreements”), and under the supervision of SIMC and the Trust’s Board of Trustees (each member, a “Trustee” and, collectively, the “Trustees” or the “Board”), the sub-advisers (each, a “Sub-Adviser” and collectively, the “Sub-Advisers”) provide security selection and certain other advisory services with respect to all or a discrete portion of the assets of the Funds. The Sub-Advisers are also responsible for managing their employees who provide services to the Funds. The Sub-Advisers are selected based primarily upon the research and recommendations of SIMC, which evaluates quantitatively and qualitatively the Sub-Advisers’ skills and investment results in managing assets for specific asset classes, investment styles and strategies.

The Investment Company Act of 1940, as amended (the “1940 Act”), requires that the initial approval of a Fund’s Investment Advisory Agreements be specifically approved by the vote of a majority of the outstanding shareholders of the Funds and 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 (or otherwise, as consistent with applicable laws, regulations and related guidance and relief) at a meeting called for such purpose. In addition, the 1940 Act requires that the continuation or renewal of any Investment Advisory Agreement be approved at least annually (after an initial period of up to two years), which also requires the vote of a majority of the Board, including a majority of the Independent Trustees. In the case of the initial approval of a Sub-Advisory Agreement, only the approval of a majority of the Board, including a majority of the Independent Trustees, is required, pursuant to an exemptive order that has been granted to the Trust by the Securities and Exchange Commission. In connection with their consideration of such initial approvals and renewals, 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 or renew an Investment Advisory Agreement.

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

Specifically, during the first half of the Trust’s fiscal year, the Board requested and received written materials from SIMC and certain Sub-Advisers regarding: (i) the quality of SIMC’s and the Sub-Advisers’ investment management and other services; (ii) SIMC’s and the Sub-Advisers’ investment management personnel; (iii) SIMC’s and the Sub-Advisers’ operations and financial condition; (iv) SIMC’s and the Sub-Advisers’ brokerage practices (including any soft dollar arrangements) and investment strategies; (v) the level of the advisory fees that SIMC charges the Funds and the level of the sub-advisory fees that SIMC pays the Sub-Advisers, compared with fees each charge to comparable accounts; (vi) the advisory fees charged by SIMC and the Funds’ overall fees and operating expenses compared with peer groups of mutual funds prepared by Broadridge, an independent provider of investment company data that was engaged to prepare an assessment of the Funds in connection with the renewal of the Investment Advisory Agreements (the “Broadridge Report”); (vii) the level of SIMC’s and the Sub-Advisers’ profitability from their Fund-related operations; (viii) SIMC’s and the Sub-Advisers’ compliance program, including a description of material compliance matters and material compliance violations; (ix) SIMC’s potential economies of scale; (x) SIMC’s and the Sub-Advisers’ policies on and compliance procedures for personal securities transactions; (xi) SIMC’s and the Sub-Advisers’ expertise and resources in domestic and/or international financial markets; and (xii) the Funds’ performance

SEI Institutional International Trust

99

BOARD OF TRUSTEES’ CONSIDERATIONS IN APPROVING THE ADVISORY AND SUB-ADVISORY AGREEMENTS (Unaudited) (Concluded)

over various periods of time compared with peer groups of mutual funds prepared by Broadridge and the Funds’ benchmark indexes.

At the December 4-6, 2023 meeting of the Board, certain Sub-Advisory Agreements were renewed by the Trustees, including a majority of the Independent Trustees. In addition, the Board approved a brief extension of the Advisory Agreement and certain Sub-Advisory Agreements already in effect (unless operating under an initial two-year term) to accommodate a revised Spring meeting schedule. Typically, the Trustees renew the Advisory Agreement and certain Sub-Advisory Agreements at the first quarterly in-person meeting of the calendar year in March. Agreements regularly renewed at the March meeting expire on April 1 of the following year. Because the first quarterly in-person meeting of the Board in calendar year 2024 was held on April 2-4, the Advisory Agreement and certain Sub-Advisory Agreements would have expired prior to the meeting, without the extension. Accordingly, the Board voted in-person at the December 4-6, 2023 meeting to extend the Advisory Agreement and certain Sub-Advisory Agreements until the April 2-4, 2024 meeting. In evaluating whether to approve the extension of the Advisory Agreement and certain Sub-Advisory Agreements, the Board considered the information made available to it throughout the course of the year by representatives of the SEI investment and compliance teams. At the April 2-4, 2024 meeting, the Board evaluated the Advisory Agreement and the applicable Sub-Advisory Agreements in accordance with the renewal process that it typically applies during the annual contract renewal each Spring. Additionally, at the April 2-4, 2024 meeting of the Board, certain Sub-Advisory Agreements were initially approved by the Trustees, including a majority of the Independent Trustees. Although outside the scope of the period covered by this report, the Board’s renewal of the Advisory Agreement and the applicable Sub-Advisory Agreements at the April 2-4, 2024 meeting of the Board is discussed herein, consistent with prior shareholder reports of the Funds. The Board’s approvals were based on its consideration and evaluation of the factors described above, as discussed at the meeting and at prior meetings, such as the December 4-6, 2023 meeting. The following discusses some, but not all, of the factors that were considered by the Board in connection with its assessment of the Advisory Agreement and the applicable Sub-Advisory Agreements.

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

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

Fees. With respect to the Funds’ expenses under the Investment Advisory Agreements, the Trustees considered the rate of compensation called for by the Investment Advisory Agreements and the Funds’ net operating expense ratios in comparison to those of the Funds’ respective peer groups. In assessing Fund expenses, the Trustees considered the information in the Broadridge Report, which included various metrics related to fund expenses, including, but not limited to, contractual management fees at various asset levels, actual management fees (including transfer agent

100

SEI Institutional International Trust

expenses), and actual total expenses for the Funds and a universe of comparable funds. Based on the materials considered and discussion at the meetings, the Trustees further determined that fees were either shown to be below the peer average in the comparative fee analysis, or that there was a reasonable basis for the fee level. The Trustees also considered the effects of SIMC’s and its affiliates’ voluntary waivers of management and other fees to prevent total Fund operating expenses from exceeding any applicable cap and concluded that SIMC, through waivers, has maintained the Funds’ net operating expenses at competitive levels for its distribution channels. In determining the appropriateness of fees, the Board also took into consideration the impact of fees incurred indirectly by the Funds as a result of investments into underlying funds, including funds from which SIMC or its affiliates earn fees. The Board also took into consideration compensation earned from the Funds by SIMC or its affiliates for non-advisory services, such as administration, transfer agency, shareholder services or brokerage, and considered whether SIMC and its affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements. When considering fees paid to Sub-Advisers, the Board took into account the fact that the Sub-Advisers are compensated by SIMC and not by the Funds directly, and that such compensation with respect to any unaffiliated Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. Following evaluation, the Board concluded that, within the context of its full deliberations, the expenses of the Funds are reasonable and supported the approval or renewal of the Investment Advisory Agreements. The Board also considered whether the Sub-Advisers and their affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements.

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

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

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

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SEI INSTITUTIONAL INTERNATIONAL TRUST / SEMI-ANNUAL REPORT / MARCH 31, 2024

Trustees

Robert A. Nesher, Chairman

William M. Doran

Nina Lesavoy

James M. Williams

Susan C. Cote

James B. Taylor

Christine Reynolds

Thomas Melendez

Officers

Robert A. Nesher

President and Chief Executive Officer

Glenn R. Kurdziel

Controller and Chief Financial Officer

Stephen Panner

Chief Compliance Officer

Timothy D. Barto

Vice President and Secretary

David F. McCann

Vice President and Assistant Secretary

Katherine Mason

Vice President and Assistant Secretary

Stephen G. MacRae

Vice President

Bridget Sudall

Anti-Money Laundering Compliance Officer

and Privacy Officer

Investment Adviser

SEI Investments Management Corporation

Administrator

SEI Investments Global Funds Services

Distributor

SEI Investments Distribution Co.

Legal Counsel

Morgan, Lewis & Bockius LLP

Independent Registered Public Accounting Firm

KPMG LLP

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

For more information call

1 800 DIAL SEI

(1 800 342 5734)

SEI-F-031 (3/24)

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 included as part of the report to shareholders filed under Item 1 of this form.

Item 7. Reserved

Item 8. Reserved

Item 9. Reserved

Item 10. Reserved

Item 11. Reserved

Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 13. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 15. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which shareholders may recommend nominees to the Registrant’s Board of Trustees (the “Board”). The Registrant has a standing Governance Committee (the “Committee”) currently consisting of the Independent Trustees. The Committee is responsible for evaluating and recommending nominees for election to the Board. Pursuant to the Committee’s Charter, adopted on June 18th 2004, as amended, the Committee will review all shareholder recommendations for nominations to fill vacancies on the Board if such recommendations are submitted in writing and addressed to the Committee at the Registrant’s office.

Item 16. 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 period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 18. Recovery of Erroneously Awarded Compensation

(a) Not applicable.

(b) Not applicable.

Item 19. Exhibits.

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

(a)(2) Not applicable.

(a)(3) 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 are filed herewith.

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

-

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: June 6, 2024

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: June 6, 2024

By	/s/ Glenn R. Kurdziel
	Glenn R. Kurdziel
	Controller & CFO

Date: June 6, 2024