SEI Alternative Income Fund launched a quarterly offer to repurchase up to 5% of outstanding shares at September 30, 2026 net asset value. Investors must submit requests by 4:00 p.m. Eastern Time that day, with oversubscribed requests subject to proration.

SEI Alternative Income Fund provided its 2026 annual proxy voting notice report, listing zero series and no explanatory information, with Robert A. Nesher, Trustee and President, signing on August 17, 2026.

SEI Alternative Income Fund intends to cap collateralized loan obligation equity securities at 10% of net assets at purchase, versus current exposure of approximately 14%. The change is intended to support eligibility for certain fund of funds arrangements.

SEI Alternative Income Fund is offering to repurchase up to 5% of outstanding shares at NAV, with a June 30, 2026 request deadline and July 1, 2026 payment date. If oversubscribed, the Fund may repurchase up to an additional 2% and otherwise will prorate tenders.

SEI Alternative Income Fund is conducting its quarterly repurchase offer, offering to repurchase up to 5% of outstanding shares at NAV, with an additional 2% possible if oversubscribed. Shareholders must submit requests by 4:00 p.m. ET on March 31, 2026, and payment is expected within one to three business days after pricing.

SEI Alternative Income Fund added a December 31, 2025 Expense Limitation Agreement capping Class F net annual expenses at 1.00% and Class Y at 0.75% through December 31, 2026. The Adviser waived $508,000 of advisory fees in fiscal 2025.

SEI Alternative Income Fund is offering to repurchase up to 5% of its outstanding shares for cash at NAV, with requests due by 4:00 p.m. ET on December 30, 2025 and payment expected December 31, 2025. If the offer is oversubscribed, repurchases may be prorated, so shareholders may not be able to sell all tendered shares until a later quarterly offer.

SEI Alternative Income Fund reported aggregate securities sales of $21.0 million and aggregate redemptions or repurchases of $1.1 million for the fiscal year ended August 31, 2025, resulting in net sales of $19.9 million. This requires payment of a $2,748.05 registration fee.

SEI Investments Management Corporation increased its Investment Company Fidelity Bond coverage to a $12 million per Loss limit for the 2025-2026 policy period, with added Unauthorized Signature, Social Engineering Fraud, and preparation-expense coverage. The bond also lists multiple SEI trusts and related vehicles as Named Insureds and requires notice if coverage is terminated or modified.

SEI Alternative Income Fund plans to ask shareholders at the October 16, 2025 Special Shareholder Meeting to elect a slate of 10 Directors, including 6 new nominees, expanding the Board and aligning it with SEI Funds' Board. If approved, all Directors will be elected by shareholders, which may allow future vacancies to be filled without another proxy solicitation.