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) (Zip code)

Timothy D. Barto, Esq.

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

(Name and address of agent for service)

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

Date of fiscal year end: September 30, 2025

Date of reporting period: March 31, 2025

Item 1. Reports to Stockholders.

(a)

A copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended (the “Act”) (17 CFR § 270.30e-1), is attached hereto.

Semi-Annual Shareholder Report: March 31, 2025

International Equity Fund

SEI Institutional International Trust/Class F Shares - SEITX

Fund Overview

This semi-annual shareholder report contains important information about Class F Shares of the International Equity Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
International Equity Fund, Class F Shares	$55	1.09%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.07%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$3,445,653	744	$8,828	45%

Country Weightings^{Footnote Reference*}

Value	Value
Futures Contracts	0.0%
Total Return Swaps	0.2%
Other Countries	17.8%
Sweden	2.3%
Denmark	2.8%
China	3.4%
Italy	3.5%
Switzerland	4.0%
Australia	4.1%
Netherlands	4.6%
France	6.7%
United Kingdom	11.1%
Germany	11.6%
Japan	12.6%
United States	13.1%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name			Percentage of Total Net Assets^{Footnote Reference(A)}
U.S. Treasury Bill, 4.26%, 8/28/2025			3.0%
Roche Holding AG			2.4%
SAP SE			1.8%
Alibaba Group Holding Ltd			0.9%
Equinor ASA			0.9%
ING Groep NV			0.9%
Sea Ltd ADR			0.9%
Daimler Truck Holding AG			0.9%
Novartis AG			0.9%
GSK PLC			0.9%

Footnote	Description
Footnote^(A)	Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SEITX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

International Equity Fund

SEI Institutional International Trust/Class I Shares - SEEIX

Fund Overview

This semi-annual shareholder report contains important information about Class I Shares of the International Equity Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
International Equity Fund, Class I Shares	$67	1.34%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.32%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$3,445,653	744	$8,828	45%

Country Weightings^{Footnote Reference*}

Value	Value
Futures Contracts	0.0%
Total Return Swaps	0.2%
Other Countries	17.8%
Sweden	2.3%
Denmark	2.8%
China	3.4%
Italy	3.5%
Switzerland	4.0%
Australia	4.1%
Netherlands	4.6%
France	6.7%
United Kingdom	11.1%
Germany	11.6%
Japan	12.6%
United States	13.1%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name			Percentage of Total Net Assets^{Footnote Reference(A)}
U.S. Treasury Bill, 4.26%, 8/28/2025			3.0%
Roche Holding AG			2.4%
SAP SE			1.8%
Alibaba Group Holding Ltd			0.9%
Equinor ASA			0.9%
ING Groep NV			0.9%
Sea Ltd ADR			0.9%
Daimler Truck Holding AG			0.9%
Novartis AG			0.9%
GSK PLC			0.9%

Footnote	Description
Footnote^(A)	Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SEEIX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

International Equity Fund

SEI Institutional International Trust/Class Y Shares - SEFCX

Fund Overview

This semi-annual shareholder report contains important information about Class Y Shares of the International Equity Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
International Equity Fund, Class Y Shares	$42	0.84%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.82%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$3,445,653	744	$8,828	45%

Country Weightings^{Footnote Reference*}

Value	Value
Futures Contracts	0.0%
Total Return Swaps	0.2%
Other Countries	17.8%
Sweden	2.3%
Denmark	2.8%
China	3.4%
Italy	3.5%
Switzerland	4.0%
Australia	4.1%
Netherlands	4.6%
France	6.7%
United Kingdom	11.1%
Germany	11.6%
Japan	12.6%
United States	13.1%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name			Percentage of Total Net Assets^{Footnote Reference(A)}
U.S. Treasury Bill, 4.26%, 8/28/2025			3.0%
Roche Holding AG			2.4%
SAP SE			1.8%
Alibaba Group Holding Ltd			0.9%
Equinor ASA			0.9%
ING Groep NV			0.9%
Sea Ltd ADR			0.9%
Daimler Truck Holding AG			0.9%
Novartis AG			0.9%
GSK PLC			0.9%

Footnote	Description
Footnote^(A)	Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SEFCX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Equity Fund

SEI Institutional International Trust/Class F Shares - SIEMX

Fund Overview

This semi-annual shareholder report contains important information about Class F Shares of the Emerging Markets Equity Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Emerging Markets Equity Fund, Class F Shares	$62	1.28%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.26%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$1,399,874	479	$5,043	30%

Country Weightings^{Footnote Reference*}

Value	Value
Futures Contracts	0.0%
Other Countries	11.4%
Thailand	1.5%
Hong Kong	1.6%
Hungary	2.0%
United Arab Emirates	2.2%
Indonesia	2.3%
Mexico	2.7%
South Africa	5.3%
Brazil	6.8%
South Korea	11.4%
India	11.8%
Taiwan	13.2%
China	26.4%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name			Percentage of Total Net Assets^{Footnote Reference(A)}
Taiwan Semiconductor Manufacturing Co Ltd			6.3%
Alibaba Group Holding Ltd			3.8%
Tencent Holdings Ltd			2.9%
Samsung Electronics Co Ltd			2.0%
Naspers Ltd, Cl N			2.0%
Meituan, Cl B			1.5%
HDFC Bank Ltd ADR			1.5%
Emaar Properties PJSC			1.4%
Kia Corp			1.3%
Itau Unibanco Holding SA ADR			1.3%

Footnote	Description
Footnote^(A)	Cash Equivalents are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SIEMX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Equity Fund

SEI Institutional International Trust/Class Y Shares - SEQFX

Fund Overview

This semi-annual shareholder report contains important information about Class Y Shares of the Emerging Markets Equity Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Emerging Markets Equity Fund, Class Y Shares	$50	1.03%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.01%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$1,399,874	479	$5,043	30%

Country Weightings^{Footnote Reference*}

Value	Value
Futures Contracts	0.0%
Other Countries	11.4%
Thailand	1.5%
Hong Kong	1.6%
Hungary	2.0%
United Arab Emirates	2.2%
Indonesia	2.3%
Mexico	2.7%
South Africa	5.3%
Brazil	6.8%
South Korea	11.4%
India	11.8%
Taiwan	13.2%
China	26.4%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name			Percentage of Total Net Assets^{Footnote Reference(A)}
Taiwan Semiconductor Manufacturing Co Ltd			6.3%
Alibaba Group Holding Ltd			3.8%
Tencent Holdings Ltd			2.9%
Samsung Electronics Co Ltd			2.0%
Naspers Ltd, Cl N			2.0%
Meituan, Cl B			1.5%
HDFC Bank Ltd ADR			1.5%
Emaar Properties PJSC			1.4%
Kia Corp			1.3%
Itau Unibanco Holding SA ADR			1.3%

Footnote	Description
Footnote^(A)	Cash Equivalents are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SEQFX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

International Fixed Income Fund

SEI Institutional International Trust/Class F Shares - SEFIX

Fund Overview

This semi-annual shareholder report contains important information about Class F Shares of the International Fixed Income Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
International Fixed Income Fund, Class F Shares	$51	0.98%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.96%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$357,360	1,237	$552	50%

Country Weightings^{Footnote Reference*}

Value	Value
Forward Contracts	-1.9%
Credit Default Swaps	0.0%
Futures Contracts	0.1%
Interest Rate Swaps	0.2%
Other Countries	25.3%
Romania	2.5%
Australia	3.3%
Spain	3.5%
Italy	4.3%
Mexico	4.6%
Germany	4.7%
France	5.0%
United Kingdom	5.4%
Canada	5.5%
United States	7.5%
China	10.8%
Japan	14.1%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name	Coupon Rate	Maturity Date	Percentage of Total Net Assets^{Footnote Reference(A)}
U.S. Treasury Bill	4.236%	06/26/25	2.1%
Bank of China	3.200%	10/18/25	1.7%
Japan Government Thirty Year Bond	2.300%	03/20/40	1.5%
Kingdom of Belgium Government Bond	3.100%	06/22/35	1.4%
Colombian TES	6.000%	04/28/28	1.4%
China Government Bond	2.550%	10/15/28	1.4%
Industrial & Commercial Bank of China	3.200%	10/25/25	1.3%
European Union Bill	0.000%	05/09/25	1.2%
Italy Buoni Poliennali Del Tesoro	3.350%	07/01/29	1.2%
Japan Treasury Discount Bill	0.000%	05/12/25	1.2%

Footnote	Description
Footnote^(A)	Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SEFIX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

International Fixed Income Fund

SEI Institutional International Trust/Class Y Shares - SIFIX

Fund Overview

This semi-annual shareholder report contains important information about Class Y Shares of the International Fixed Income Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
International Fixed Income Fund, Class Y Shares	$38	0.73%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.71%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$357,360	1,237	$552	50%

Country Weightings^{Footnote Reference*}

Value	Value
Forward Contracts	-1.9%
Credit Default Swaps	0.0%
Futures Contracts	0.1%
Interest Rate Swaps	0.2%
Other Countries	25.3%
Romania	2.5%
Australia	3.3%
Spain	3.5%
Italy	4.3%
Mexico	4.6%
Germany	4.7%
France	5.0%
United Kingdom	5.4%
Canada	5.5%
United States	7.5%
China	10.8%
Japan	14.1%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name	Coupon Rate	Maturity Date	Percentage of Total Net Assets^{Footnote Reference(A)}
U.S. Treasury Bill	4.236%	06/26/25	2.1%
Bank of China	3.200%	10/18/25	1.7%
Japan Government Thirty Year Bond	2.300%	03/20/40	1.5%
Kingdom of Belgium Government Bond	3.100%	06/22/35	1.4%
Colombian TES	6.000%	04/28/28	1.4%
China Government Bond	2.550%	10/15/28	1.4%
Industrial & Commercial Bank of China	3.200%	10/25/25	1.3%
European Union Bill	0.000%	05/09/25	1.2%
Italy Buoni Poliennali Del Tesoro	3.350%	07/01/29	1.2%
Japan Treasury Discount Bill	0.000%	05/12/25	1.2%

Footnote	Description
Footnote^(A)	Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SIFIX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Debt Fund

SEI Institutional International Trust/Class F Shares - SITEX

Fund Overview

This semi-annual shareholder report contains important information about Class F Shares of the Emerging Markets Debt Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Emerging Markets Debt Fund, Class F Shares	$54	1.08%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.06%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$901,293	893	$1,736	101%

Country Weightings^{Footnote Reference*}

Value	Value
Written Options	0.0%
Credit Default Swaps	0.0%
Futures Contracts	0.0%
Total Return Swaps	0.0%
Forward Contracts	0.0%
Purchased Options	0.1%
Interest Rate Swaps	0.2%
Other Countries	41.6%
Egypt	2.4%
Romania	2.5%
Supra-National	2.7%
Peru	2.8%
Poland	3.2%
Brazil	3.4%
Turkey	4.3%
Colombia	5.0%
Malaysia	5.7%
South Africa	6.5%
Indonesia	6.7%
Mexico	8.5%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name	Coupon Rate	Maturity Date	Percentage of Total Net Assets^{Footnote Reference(A)}
Indonesia Treasury Bond	6.750%	07/15/35	1.0%
Mexican Bonos	8.500%	03/02/28	0.9%
Republic of South Africa Government Bond, ZAR	8.750%	01/31/44	0.9%
Malaysia Government Bond, MYR	3.955%	09/15/25	0.9%
Peru Government Bond	5.400%	08/12/34	0.8%
Petroleos Mexicanos	7.690%	01/23/50	0.8%
Mexican Bonos, MXN	7.750%	11/13/42	0.8%
Republic of South Africa Government Bond, ZAR	8.000%	01/31/30	0.8%
Republic of South Africa Government Bond, ZAR	8.750%	02/28/48	0.8%
Petroleos Mexicanos	6.750%	09/21/47	0.8%

Footnote	Description
Footnote^(A)	Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SITEX-SAR-2025

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Debt Fund

SEI Institutional International Trust/Class Y Shares - SIEDX

Fund Overview

This semi-annual shareholder report contains important information about Class Y Shares of the Emerging Markets Debt Fund (the "Fund") for the period from October 1, 2024 to March 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 610-676-1000.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment)

Fund Name	Costs of a $10,000 investment	Costs paid as a percentage of a $10,000 investment
Emerging Markets Debt Fund, Class Y Shares	$41	0.83%^{Footnote Reference(1)}

Footnote	Description
Footnote⁽¹⁾	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.81%.

Key Fund Statistics as of March 31, 2025

	Total Net Assets (000's)	Number of Holdings	Total Advisory Fees Paid (000's)	Portfolio Turnover Rate
	$901,293	893	$1,736	101%

Country Weightings^{Footnote Reference*}

Value	Value
Written Options	0.0%
Credit Default Swaps	0.0%
Futures Contracts	0.0%
Total Return Swaps	0.0%
Forward Contracts	0.0%
Purchased Options	0.1%
Interest Rate Swaps	0.2%
Other Countries	41.6%
Egypt	2.4%
Romania	2.5%
Supra-National	2.7%
Peru	2.8%
Poland	3.2%
Brazil	3.4%
Turkey	4.3%
Colombia	5.0%
Malaysia	5.7%
South Africa	6.5%
Indonesia	6.7%
Mexico	8.5%

Footnote	Description
Footnote*	Percentages are calculated based on total net assets.

Top Ten Holdings

Holding Name	Coupon Rate	Maturity Date	Percentage of Total Net Assets^{Footnote Reference(A)}
Indonesia Treasury Bond	6.750%	07/15/35	1.0%
Mexican Bonos	8.500%	03/02/28	0.9%
Republic of South Africa Government Bond, ZAR	8.750%	01/31/44	0.9%
Malaysia Government Bond, MYR	3.955%	09/15/25	0.9%
Peru Government Bond	5.400%	08/12/34	0.8%
Petroleos Mexicanos	7.690%	01/23/50	0.8%
Mexican Bonos, MXN	7.750%	11/13/42	0.8%
Republic of South Africa Government Bond, ZAR	8.000%	01/31/30	0.8%
Republic of South Africa Government Bond, ZAR	8.750%	02/28/48	0.8%
Petroleos Mexicanos	6.750%	09/21/47	0.8%

Footnote	Description
Footnote^(A)	Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

610-676-1000
https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports
https://www.seic.com/mutual-fund-documentation/proxy-voting

SIEDX-SAR-2025

(b)

Not applicable.

Item 2. Code of Ethics.

Not applicable for semi-annual report.

Item 3. Audit Committee Financial Expert.

Not applicable for semi-annual report.

Item 4. Principal Accountant Fees and Services.

Not applicable for semi-annual report.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Investments

(a) The Schedules of Investments and Consolidated Schedules of Investments are included as part of the Financial Statements and Financial Highlights filed under Item 7 of this form.

(b) Not applicable.

Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.

Financial statements and financial highlights filed herein.

March 31, 2025

SEMI-ANNUAL FINANCIALS AND OTHER INFORMATION

SEI Institutional International Trust

❯	International Equity Fund

❯	Emerging Markets Equity Fund

❯	International Fixed Income Fund

❯	Emerging Markets Debt Fund

seic.com

TABLE OF CONTENTS

Financial Statements (Form N-CSRS Item 7)
Schedules of Investments	1
Statements of Assets and Liabilities	66
Statements of Operations	68
Statements of Changes in Net Assets	69
Financial Highlights	71
Notes to Financial Statements	73
Other Information - (Form N-CSRS Items 8-11)(Unadited)	92

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Equity Fund


Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 93.3%
Australia — 4.1%
AGL Energy Ltd		475,607	$	3,131
AMP Ltd		1,023,091		794
Aristocrat Leisure Ltd		581,921		23,471
Aurizon Holdings		519,892		1,008
Beach Energy		166,839		151
Bendigo & Adelaide Bank Ltd		122,282		816
BlueScope Steel Ltd		726,250		9,701
Brambles Ltd		839,837		10,581
Bravura Solutions		19,803		28
Charter Hall Group ^‡		166,516		1,692
Cochlear Ltd		11,663		1,917
Codan Ltd		31,527		308
Computershare Ltd		443,946		10,913
Dexus ^‡		205,593		912
Emerald Resources NL ^*		388,204		907
Evolution Mining Ltd		1,644,307		7,337
GenusPlus Group		7,212		13
Gold Road Resources Ltd		265,618		482
GPT Group/The ^‡		726,667		1,988
Helia Group Ltd		109,333		274
HUB24 Ltd		45,774		1,968
Insurance Australia Group Ltd		375,955		1,824
JB Hi-Fi Ltd		42,030		2,450
Lottery Corp Ltd/The		428,951		1,280
National Australia Bank Ltd		35,712		766
Netwealth Group Ltd		21,593		350
Northern Star Resources Ltd		905,221		10,423
Nufarm Ltd		7,831		19
Nuix Ltd ^*		69,813		135
Ora Banda Mining ^*		351,307		240
Orica Ltd		110,313		1,176
Origin Energy Ltd		172,633		1,139
Pepper Money		65,618		58
Pinnacle Investment Management Group Ltd		95,806		1,057
Pro Medicus Ltd		84,333		10,645
Qantas Airways Ltd		2,437,939		13,861
QBE Insurance Group Ltd		77,708		1,071
Qube Holdings Ltd		661,238		1,633
REA Group Ltd		64,721		8,955
Regis Healthcare Ltd		11,851		50
Regis Resources Ltd ^*		280,833		693
Resolute Mining Ltd ^*		841,885		245
Service Stream		24,201		26
South32 Ltd		591,671		1,189
Stockland ^‡		461,480		1,420
Technology One Ltd		70,123		1,230
Zip Co Ltd ^*		716,653		736
				141,063

Austria — 0.8%
ANDRITZ AG		27,213		1,525
BAWAG Group AG		31,967		3,295


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
DO & CO AG ^*		431	$	76
Erste Group Bank AG		222,797		15,396
OMV AG		62,096		3,194
Palfinger AG		2,403		73
Raiffeisen Bank International AG		87,517		2,256
Vienna Insurance Group AG Wiener Versicherung Gruppe		29,866		1,316
voestalpine AG		58,115		1,420
				28,551

Belgium — 1.0%
Ageas SA/NV		60,072		3,597
Anheuser-Busch InBev SA/NV		145,279		8,923
Barco NV		10,143		130
Bekaert SA		1,265		45
Cofinimmo ^‡		17,546		1,156
Colruyt Group N.V		11,822		485
Deme Group NV		6,118		863
Groupe Bruxelles Lambert NV		10,835		808
KBC Group NV		156,462		14,246
UCB SA		29,593		5,205
				35,458

Brazil — 1.2%
Ambev SA		6,761,900		16,008
Banco do Brasil SA		2,540,000		12,514
MercadoLibre Inc ^*		2,818		5,498
NU Holdings Ltd, Cl A ^*		390,807		4,002
Pluxee NV		190,607		3,888
				41,910

Canada — 1.3%
ADENTRA Inc		15,200		291
Aecon Group Inc ^‡		30,200		355
AGF Management Ltd, Cl B		14,781		104
Amerigo Resources Ltd		54,600		72
Aritzia Inc ^*		33,700		1,184
Athabasca Oil Corp ^*		44,800		174
Canadian Natural Resources Ltd		128,099		3,941
Canadian Pacific Kansas City Ltd		92,615		6,503
Centerra Gold Inc, Cl Common Subs. Receipt		12,746		81
Chorus Aviation ^*		8,057		106
Coveo Solutions Inc ^*		17,400		65
Empire Co Ltd, Cl A		169,500		5,682
Enerflex Ltd		308,500		2,384
Ensign Energy Services Inc ^*		31,927		52
Exco Technologies Ltd		7,454		30
Fiera Capital Corp, Cl A		162,315		691
Finning International Inc		20,900		588
Fortuna Mining Corp ^*		263,700		1,603
iA Financial Corp Inc		22,800		2,165
Knight Therapeutics Inc ^*		13,700		59
Magna International Inc, Cl A		452,956		15,394
Martinrea International Inc		52,481		256

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Equity Fund (Continued)


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
North West Co Inc/The		3,400	$	120
Paramount Resources Ltd, Cl A		42,000		544
Pason Systems Inc		14,633		134
Secure Energy Services		30,900		337
Source Energy Services Ltd ^*		4,700		33
Torex Gold Resources Inc ^*		11,700		324
Trican Well Service Ltd		8,200		27
				43,299

China — 3.4%
Alibaba Group Holding Ltd		1,957,354		32,391
BOC Hong Kong Holdings Ltd		2,483,700		10,058
China Beststudy Education Group		201,000		108
China Merchants Bank Co Ltd, Cl H		1,316,842		7,809
China Overseas Land & Investment Ltd		6,520,921		11,674
Haier Smart Home Co Ltd, Cl A		4,412,539		14,226
Meituan, Cl B ^*		366,200		7,370
Mobvista ^*		134,000		120
Prosus NV		37,169		1,725
SITC International Holdings Co Ltd		1,930,929		5,249
Tencent Holdings Ltd		85,300		5,451
VSTECS Holdings Ltd		1,836,000		1,577
Weichai Power Co Ltd, Cl H		5,504,930		11,596
Wilmar International Ltd		739,152		1,832
Yangzijiang Shipbuilding Holdings Ltd		2,758,641		4,839
				116,025

Denmark — 2.8%
AP Moller - Maersk A/S, Cl B		8,753		15,218
Coloplast A/S, Cl B		58,963		6,178
Danske Bank A/S		690,767		22,587
DSV A/S		30,501		5,892
Genmab A/S ^*		20,604		4,010
H Lundbeck A/S		143,402		722
Novo Nordisk A/S, Cl B		315,822		21,573
Pandora A/S		85,885		13,149
Per Aarsleff Holding A/S		14,177		1,004
Ringkjoebing Landbobank		6,058		1,078
ROCKWOOL A/S, Cl B		5,486		2,272
Sydbank AS		33,850		2,121
				95,804

Finland — 1.2%
Kone Oyj, Cl B		94,174		5,191
Konecranes Oyj		24,564		1,570
Nokia Oyj		2,518,741		13,252
Nokia Oyj ADR		1,030,816		5,432
Nordea Bank Abp		115,239		1,472
Olvi Oyj, Cl A		1,170		43
Orion Oyj, Cl B		85,355		5,065
Puuilo Oyj		8,408		103
Sanoma OYJ		12,125		117
Terveystalo Oyj		6,988		87
Vaisala Oyj, Cl A		476		23


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Wartsila OYJ Abp, Cl B		451,573	$	8,050
				40,405

France — 6.7%
Accor SA		235,066		10,709
Air Liquide SA		46,021		8,733
Alten SA		10,665		1,040
Amundi SA		294,627		23,059
Arkema SA		188,949		14,453
AXA SA		87,968		3,755
BNP Paribas SA		80,041		6,683
Bouygues SA		2,125		84
Bureau Veritas SA		121,980		3,697
Carrefour SA		281,508		4,022
Cie de Saint-Gobain SA		52,727		5,247
Cie Generale des Etablissements Michelin SCA		647,490		22,734
Dassault Systemes SE		38,422		1,461
Engie SA		125,063		2,434
EssilorLuxottica SA		19,546		5,627
Gaztransport Et Technigaz SA		7,022		1,064
Hermes International SCA		757		1,990
Ipsen SA		18,245		2,099
Kering SA		13,232		2,750
Klepierre SA ^‡		87,678		2,932
La Francaise des Jeux SAEM		21,461		675
Legrand SA		65,067		6,884
L'Oreal SA		7,643		2,838
LVMH Moet Hennessy Louis Vuitton SE		15,205		9,406
Nexans SA		594		58
Orange SA		150,979		1,954
Publicis Groupe SA		77,687		7,322
Renault SA		35,237		1,783
Rexel SA		796,328		21,440
Safran SA		36,484		9,596
SCOR SE		54,892		1,584
Societe BIC SA		19,095		1,291
Societe Generale SA		112,345		5,063
Sodexo SA		97,308		6,244
Technip Energies NV		10,237		334
Teleperformance SE		245,611		24,671
TotalEnergies SE		23,344		1,503
Unibail-Rodamco-Westfield ^‡		42,064		3,543
Vivendi SE		459,468		1,376
				232,138

Georgia — 0.1%
Bank of Georgia Group		14,956		1,057
TBC Bank Group PLC		22,615		1,205
				2,262

Germany — 11.1%
adidas AG		99,627		23,474
Aroundtown SA ^*		430,065		1,177
Aurubis		10,984		1,041

SEI Institutional International Trust


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Auto1 Group ^*		49,498	$	1,100
BASF SE		543,216		27,203
Bayer AG		636,432		15,241
Bilfinger Berger		13,341		961
Cewe Stiftung & Co KGAA		1,219		136
Commerzbank AG		231,675		5,296
Continental AG		317,340		22,356
CTS Eventim AG & Co KGaA		22,526		2,258
Daimler Truck Holding AG		729,827		29,535
Deutsche Bank AG		178,823		4,258
Deutsche Boerse AG		63,883		18,830
Deutsche Lufthansa AG		209,736		1,527
Deutsche Post AG		24,878		1,067
Deutsche Telekom AG		192,697		7,107
Duerr AG		24,234		612
DWS Group GmbH & Co KGaA		31,848		1,744
Elmos Semiconductor SE		462		29
Evonik Industries AG		722,411		15,645
Fresenius Medical Care AG		399,091		19,839
Fresenius SE & Co KGaA ^*		31,385		1,339
GEA Group AG		76,078		4,620
Heidelberg Materials AG		88,388		15,221
HOCHTIEF AG		8,534		1,458
Indus Holding AG		2,579		68
IONOS Group SE ^*		7,642		213
K+S AG		76,422		1,043
Knorr-Bremse AG		111,593		10,145
Krones AG		3,432		468
LANXESS AG		970		29
Mercedes-Benz Group AG		219,666		12,963
MLP SE		19,863		163
MTU Aero Engines AG		8,140		2,826
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen		5,894		3,720
Nemetschek SE		3,453		402
Rational AG		1,426		1,187
Rheinmetall AG		1,136		1,624
RWE AG		97,534		3,479
SAP SE		232,078		62,122
Scout24 SE		84,590		8,849
Siemens Energy AG ^*		478,695		28,349
Stroeer SE & Co KGaA		8,580		502
SUESS MicroTec SE		30,494		1,142
Talanx AG		27,562		2,896
thyssenkrupp AG		474,783		4,870
TUI AG ^*		155,129		1,069
Zalando SE ^*		328,467		11,381
				382,584

Hong Kong — 1.2%
Cafe de Coral Holdings Ltd		27,152		26
Chaoda Modern Agriculture Holdings ^*		122,000		4
CK Asset Holdings Ltd		1,455,323		5,889
CK Infrastructure Holdings Ltd		60,021		359


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Futu Holdings Ltd ADR		76,829	$	7,864
Hang Lung Group Ltd		39,000		57
Hongkong Land Holdings Ltd		622,800		2,685
Hysan Development Co Ltd		77,000		125
Jardine Matheson Holdings Ltd		94,959		4,010
Johnson Electric Holdings Ltd		56,486		114
Kerry Properties Ltd		445,560		1,051
Link REIT ^‡		512,162		2,400
Plover Bay Technologies		171,000		140
Prudential PLC		125,887		1,357
Stella International Holdings Ltd		591,431		1,317
Super Hi International Holding Ltd ^*		31,000		70
Swire Pacific Ltd, Cl A		222,000		1,960
Techtronic Industries Co Ltd		119,020		1,427
United Laboratories International Holdings Ltd/The		705,101		1,327
WH Group Ltd		8,329,271		7,649
Yue Yuen Industrial Holdings Ltd		733,500		1,179
				41,010

India — 0.2%
ICICI Bank Ltd ADR		188,950		5,956

Indonesia — 0.3%
Bank Rakyat Indonesia Persero Tbk PT		42,886,508		10,367
First Pacific Co Ltd		1,542,026		934
First Resources Ltd		116,300		151
				11,452

Ireland — 1.0%
Accenture PLC, Cl A		23,200		7,239
AerCap Holdings NV		13,848		1,415
AIB Group PLC		226,611		1,462
Amarin Corp PLC ADR ^*		85,503		38
Bank of Ireland Group PLC		1,857,449		21,924
Kerry Group PLC, Cl A		19,315		2,021
				34,099

Israel — 1.6%
Automatic Bank Services		3,740		25
Bank Hapoalim BM		288,939		3,909
Bank Leumi Le-Israel BM		684,619		9,199
Camtek Ltd		510		30
Check Point Software Technologies Ltd ^*		89,713		20,447
Diplomat Holdings		1,969		23
El Al Israel Airlines ^*		71,409		216
First International Bank Of Israel Ltd/The		23,208		1,172
FMS Enterprises Migun		592		28
Fox Wizel Ltd		445		36
Isracard Ltd		22,396		99
Israel Discount Bank Ltd, Cl A		381,062		2,649
Mizrahi Tefahot Bank Ltd		60,844		2,730
Nexxen International ADR ^*		19,882		166
Nice Ltd ADR ^*		3,199		493
Nova Ltd ^*		6,526		1,203
One Software Technologies		2,714		50

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Equity Fund (Continued)


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Plus500 Ltd		40,250	$	1,428
Telephone Aviv Stock Exchange		71,476		841
Tower Semiconductor Ltd ^*		19,775		700
Valens Semiconductor Ltd ^*		29,460		60
Wix.com Ltd ^*		54,480		8,901
				54,405

Italy — 3.5%
A2A SpA		3,357,668		8,084
ACEA SpA		33,116		682
Arnoldo Mondadori Editore SpA		10,762		25
Ascopiave SpA		24,514		81
Azimut Holding SpA		15,908		445
Banca Generali SpA		36,528		2,056
Banca IFIS SpA		42,422		986
Banca Mediolanum SpA		344,139		5,558
Banca Popolare di Sondrio SPA		27,817		336
Banco di Desio e della Brianza SpA		62,838		541
BPER Banca SPA		609,082		4,776
Buzzi SpA		14,040		675
CIR SpA-Compagnie Industriali ^*		257,347		153
Coca-Cola HBC AG		80,556		3,645
d'Amico International Shipping SA		126,836		461
De' Longhi SpA		13,054		433
Enel SpA		2,897,097		23,478
Eni SpA		183,306		2,832
Ferrari NV		28,763		12,271
FinecoBank Banca Fineco SpA		100,457		1,988
Generali		164,972		5,789
Intesa Sanpaolo SpA		638,964		3,290
Iren SpA		493,045		1,256
Iveco Group NV		34,821		572
Leonardo SpA		397,762		19,351
MFE-MediaForEurope NV, Cl A		183,512		666
Moncler SpA		22,891		1,409
OVS SpA		63,845		220
Recordati Industria Chimica e Farmaceutica SpA		19,674		1,114
Reply		9,752		1,596
UniCredit SpA		123,635		6,933
Unipol Gruppo SpA		479,822		7,673
Webuild SpA		441,752		1,520
				120,895

Japan — 12.6%
ADEKA		54,081		980
Advantest Corp		14,862		664
AGC Inc		34,688		1,059
Aisin Seiki		100,549		1,102
Alfresa Holdings Corp		63,049		895
Alps Alpine Co Ltd		92,437		949
Amada Co Ltd		195,008		1,905
Amano Corp		15,500		416
Asahi Group Holdings Ltd		153,096		1,962


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Asahi Kasei Corp		392,738	$	2,762
Asics Corp		228,061		4,851
Bridgestone Corp		295,035		11,888
Brother Industries Ltd		77,992		1,416
Canon Inc		223,425		6,988
Canon Marketing Japan Inc		12,850		440
Capcom Co Ltd		19,534		484
Central Japan Railway Co		238,612		4,565
Chubu Electric Power Co Inc		59,448		646
Chugai Pharmaceutical Co Ltd		85,620		3,934
Citizen Watch Co Ltd		157,204		944
COMSYS Holdings Corp		46,044		982
Credit Saison Co Ltd		42,467		1,012
Daicel Corp		107,139		936
Daiichi Sankyo Co Ltd		33,038		789
Daito Trust Construction Co Ltd		8,215		843
Daiwa House Industry Co Ltd		125,342		4,158
Daiwa Securities Group Inc		264,152		1,784
Dowa Holdings Co Ltd		31,206		972
Electric Power Development Co Ltd		53,568		908
ENEOS Holdings Inc		277,065		1,466
Fast Retailing Co Ltd		9,543		2,849
Fujikura Ltd		105,311		3,912
Fujitec		27,978		1,115
Fujitsu Ltd		6,318		126
Fukuoka Financial Group Inc		273,157		7,291
Hanwa Co Ltd		171		6
Haseko Corp		78,375		1,035
Hikari Tsushin Inc		7,272		1,883
Hirose Electric Co Ltd		5,996		697
Hisamitsu Pharmaceutical Co Inc		34,562		939
Hitachi Ltd		244,325		5,754
Honda Motor Co Ltd		108,734		987
Hoya Corp		21,956		2,485
Iida Group Holdings Co Ltd		203,286		3,111
Inpex Corp		361,414		5,028
Japan Airlines Co Ltd		59,021		1,014
Japan Post Holdings Co Ltd		421,808		4,242
Japan Post Insurance Co Ltd		76,767		1,569
Japan Tobacco Inc		78,296		2,159
JFE Holdings Inc		215,068		2,648
JTEKT Corp		132,522		1,007
JVCKenwood Corp		18,610		157
Kakaku.com Inc		62,090		892
Kanematsu Corp		51,563		874
Kansai Electric Power Co Inc/The		105,013		1,250
Kao Corp		149,423		6,487
KDDI Corp		240,966		3,818
Keyence Corp		5,809		2,291
Kobe Steel Ltd		157,665		1,836
Kokuyo Co Ltd		22,856		438
Komatsu Ltd		704,538		20,693
Konami Group Corp		39,924		4,729

SEI Institutional International Trust


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Konica Minolta Inc ^*		256,345	$	869
Kuraray Co Ltd		167,449		2,070
Kyushu Electric Power Co Inc		101,975		893
Mabuchi Motor Co Ltd		64,003		983
Makita Corp		211,458		7,027
Mazda Motor Corp		251,286		1,613
Medipal Holdings Corp		66,871		1,047
MINEBEA MITSUMI Inc		1,070,306		15,691
MIRAIT ONE corp		64,463		943
Mitsubishi Electric Corp		33,950		628
Mitsubishi Heavy Industries Ltd		659,707		11,364
Mitsubishi Materials Corp		58,317		960
Mitsubishi Motors Corp		317,151		877
Mitsubishi UFJ Financial Group Inc		256,200		3,503
Mitsui Mining & Smelting Co Ltd		31,097		914
Miura Co Ltd		37,543		749
Mizuho Financial Group Inc		357,100		9,830
Morinaga Milk Industry Co Ltd		21,900		456
MS&AD Insurance Group Holdings Inc		50,606		1,104
Murata Manufacturing Co Ltd		68,450		1,059
Nagase & Co Ltd		44,521		794
Nexon Co Ltd		152,600		2,096
NGK Insulators Ltd		97,600		1,206
Nintendo Co Ltd		111,959		7,634
NIPPON EXPRESS HOLDINGS INC		57,957		1,059
Nippon Paint Holdings Co Ltd		370,109		2,788
Nippon Shinyaku Co Ltd		23,836		610
Nippon Shokubai Co Ltd		76,420		893
Nippon Steel Corp		192,273		4,127
Nippon Telegraph & Telephone Corp		1,129,240		1,095
Nippon Yusen KK		110,600		3,666
Nipro Corp		102,566		934
Nissan Motor Co Ltd		80,316		207
Nissui Corp		168,400		1,018
Niterra Co Ltd		29,039		889
Nitto Denko Corp		117,259		2,175
NOK Corp		65,412		966
Nomura Research Institute Ltd		8,258		270
NS Solutions Corp		33,633		866
NSK Ltd		211,513		908
Obayashi		235,680		3,154
Oji Holdings Corp		312,255		1,313
Olympus Corp		651,797		8,558
Ono Pharmaceutical Co Ltd		183,154		1,976
Open House Group Co Ltd		24,695		923
Oracle Corp Japan		8,214		867
ORIX Corp		38,225		801
Panasonic Holdings Corp		272,514		3,261
Recruit Holdings Co Ltd		50,335		2,616
Rengo Co Ltd		158,593		844
Resona Holdings Inc		2,517,162		22,046
Ricoh Co Ltd		27,906		296
Ryohin Keikaku Co Ltd		99,203		2,718


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Sankyo Co Ltd		155,722	$	2,282
Sankyu Inc		25,967		1,070
Sanrio Co Ltd		50,175		2,328
Santen Pharmaceutical Co Ltd		201,606		1,926
Sanwa Holdings Corp		68,365		2,200
SBI Sumishin Net Bank Ltd		6,455		178
Seiko Epson Corp		179,125		2,878
Sekisui House Ltd		77,500		1,740
Seven & i Holdings Co Ltd		158,585		2,303
Shikoku Electric Power Co Inc		111,433		864
Shimizu		135,173		1,207
Shionogi & Co Ltd		395,376		5,986
Ship Healthcare Holdings Inc		66,076		887
Socionext Inc		39,500		481
Sohgo Security Services Co Ltd		129,469		977
Sojitz Corp		71,578		1,582
Subaru Corp		153,676		2,760
Sumitomo Heavy Industries Ltd		43,941		903
Sumitomo Mitsui Financial Group Inc		269,503		6,951
Sumitomo Rubber Industries Ltd		78,952		1,001
Suntory Beverage & Food Ltd		678,030		22,437
Suzuken Co Ltd/Aichi Japan		36,245		1,201
T&D Holdings Inc		254,592		5,465
Taiheiyo Cement Corp		41,280		1,084
Takashimaya Co Ltd		85,612		698
Takeda Pharmaceutical Co Ltd		339,640		10,097
TDK Corp		1,979,013		20,801
Terumo Corp		229,934		4,339
Toho Holdings Co Ltd		35,030		1,048
Tohoku Electric Power Co Inc		138,895		961
Tokuyama Corp		53,328		1,003
Tokyo Electric Power Co Holdings Inc ^*		546,233		1,577
Toray Industries Inc		1,940,327		13,300
Tosoh Corp		87,958		1,214
Toyo Suisan Kaisha Ltd		19,453		1,155
Toyota Tsusho Corp		54,909		928
Tsubakimoto Chain Co		9,229		115
UBE Corp		60,949		893
USS Co Ltd		104,589		975
Yamada Holdings Co Ltd		304,222		876
Yokohama Rubber Co Ltd/The		43,915		1,016
ZOZO Inc		147,612		1,418
				435,281

Jordan — 0.0%
Hikma Pharmaceuticals PLC		574		14

Liechtenstein — 0.0%
VP Bank AG, Cl A		353		33

Luxembourg — 0.8%
ArcelorMittal SA		975,877		28,161
SES SA, Cl A		105,629		627
				28,788

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Equity Fund (Continued)


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Macao — 0.4%
Galaxy Entertainment Group Ltd		3,842,500	$	15,019

Netherlands — 4.6%
ABN AMRO Bank NV		276,742		5,825
Adyen NV ^*		9,263		14,184
Aegon Ltd		146,572		962
Akzo Nobel NV		208		13
Argenx SE ^*		1,342		791
ASM International NV		8,331		3,793
ASML Holding NV		6,764		4,472
ASML Holding NV, Cl G		8,320		5,513
Flow Traders Ltd		23,822		703
ING Groep NV		1,585,940		31,039
Koninklijke Ahold Delhaize NV		759,250		28,333
Koninklijke BAM Groep SE		87,045		487
Koninklijke KPN NV		5,994		25
Koninklijke Philips NV ^*		316,798		8,057
Koninklijke Vopak NV		19,636		852
Nedap NV		1,390		98
NN Group NV		135,512		7,533
Randstad NV		439,256		18,240
Wolters Kluwer NV		170,457		26,513
				157,433

New Zealand — 0.1%
Channel Infrastructure NZ Ltd		37,937		42
Fisher & Paykel Healthcare Corp Ltd		170,811		3,252
Freightways Group Ltd		8,186		48
NZX Ltd		27,444		25
Xero Ltd ^*		11,847		1,155
				4,522

Norway — 1.5%
2020 Bulkers Ltd		2,287		24
AF Gruppen ASA		3,040		40
Aker Solutions ASA		313,569		1,007
Bouvet ASA		8,403		60
DNB Bank ASA		74,592		1,960
Equinor ASA		1,221,390		32,213
Hoegh Autoliners ASA		1,955		14
Kongsberg Gruppen ASA		32,690		4,787
NORBIT ASA		3,128		36
Orkla ASA		301,153		3,298
Pexip Holding		13,265		49
Telenor ASA		445,847		6,362
Wallenius Wilhelmsen ASA, Cl B		1,979		14
Wilh Wilhelmsen Holding ASA, Cl B		1,218		42
				49,906

Singapore — 1.9%
City Developments Ltd		238,882		888
ComfortDelGro Corp Ltd		839,358		910
DBS Group Holdings Ltd		69,858		2,398
Genting Singapore Ltd		1,932,498		1,072
Grab Holdings Ltd, Cl A ^*		724,562		3,282


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Hafnia Ltd		39,685	$	164
IGG Inc		237,587		111
Keppel DC REIT ^‡		609,800		971
Oversea-Chinese Banking Corp Ltd		1,140,400		14,610
Sea Ltd ADR ^*		232,342		30,318
Singapore Airlines Ltd		476,938		2,402
Singapore Exchange Ltd		186,263		1,843
Singapore Technologies Engineering Ltd		404,700		2,032
STMicroelectronics NV, Cl Y		11,715		257
Suntec Real Estate Investment Trust ^‡		1,074,967		940
United Overseas Bank Ltd		90,424		2,550
UOL Group Ltd		229,058		1,005
Venture Corp Ltd		94,924		870
				66,623

South Korea — 0.8%
Coupang Inc, Cl A ^*		264,164		5,793
Samsung Electronics Co Ltd		393,072		15,584
Shinhan Financial Group Co Ltd		199,854		6,396
				27,773

Spain — 2.1%
Acerinox SA		96,249		1,126
ACS Actividades de Construccion y Servicios SA		77,843		4,451
Aena SME SA		8,539		2,001
Amadeus IT Group SA, Cl A		168,456		12,888
Banco Bilbao Vizcaya Argentaria SA		614,868		8,383
Banco Santander SA		1,126,932		7,584
CaixaBank SA		3,180,128		24,747
Iberdrola SA		95,524		1,541
Industria de Diseno Textil SA		49,773		2,476
Logista Integral SA		29,439		935
Mapfre SA		338,375		1,041
Repsol SA		331,875		4,402
Telefonica SA		200,287		943
Unicaja Banco SA		638,454		1,180
				73,698

Sweden — 2.3%
AAK AB		70,446		1,968
Acast ^*		15,216		23
Alligo, Cl B		522		7
AQ Group AB		1,905		31
Assa Abloy AB, Cl B		38,155		1,146
Atlas Copco AB, Cl A		146,348		2,339
Avanza Bank Holding		47,683		1,457
Beijer Alma AB		1,686		33
Betsson AB, Cl B		109,533		1,698
BHG Group ^*		27,480		64
Bonava AB, Cl B ^*		29,435		27
Cellavision AB		1,302		22
Evolution AB		21,506		1,603
Fastighets Balder AB, Cl B ^*		62,210		390
Getinge AB, Cl B		91,163		1,966

SEI Institutional International Trust


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Green Landscaping Group ^*		3,736	$	24
H & M Hennes & Mauritz AB, Cl B		210,947		2,784
Hanza		10,948		78
Industrivarden AB, Cl A		56,938		2,093
Industrivarden AB, Cl C		57,058		2,098
INVISIO		23,990		917
Kinnevik		116,733		825
Lime Technologies		574		19
Loomis AB, Cl B		31,902		1,293
Mycronic AB		13,202		555
NCC AB, Cl B		72,376		1,374
Pandox AB, Cl B		3,713		64
Peab AB, Cl B		138,775		1,063
Proact IT Group		8,051		96
Ratos AB, Cl B		43,842		141
Saab AB, Cl B		11,916		469
Securitas AB, Cl B		719,852		10,193
Skandinaviska Enskilda Banken AB, Cl A		584,822		9,627
Skanska AB, Cl B		1,707		38
SkiStar AB		1,603		26
SSAB AB, Cl B		384,437		2,344
Stillfront Group AB ^*		109,892		52
Storskogen Group AB, Cl B		534,714		696
Sweco, Cl B		3,566		64
Swedbank AB, Cl A		121,277		2,764
Telefonaktiebolaget LM Ericsson ADR		2,071,291		16,073
Telia Co AB		1,235,858		4,459
Thule Group AB		3,311		95
Truecaller, Cl B		369,183		2,506
Volati AB		3,063		34
Volvo Car AB, Cl B ^*		1,839,574		3,548
Wihlborgs Fastigheter AB		13,418		132
				79,318

Switzerland — 4.0%
ABB Ltd		387,206		19,978
AC Immune SA ^*		11,256		21
Accelleron Industries AG		55,538		2,575
Autoneum Holding AG		658		86
Belimo Holding AG		3,184		1,963
BKW AG		11,125		1,946
Chocoladefabriken Lindt & Spruengli AG		287		3,880
Cicor Technologies Ltd ^*		670		73
Cie Financiere Richemont SA, Cl A		33,062		5,771
dormakaba Holding AG		3,317		2,476
DSM-Firmenich AG		4,561		451
EMS-Chemie Holding AG		1,381		941
Geberit AG		3,326		2,084
Givaudan SA		372		1,600
Helvetia Holding AG		13,653		2,832
Julius Baer Group Ltd		317,628		22,015
Logitech International SA		165,099		13,989
Lonza Group AG		1,099		679
On Holding AG, Cl A ^*		231,842		10,182


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Schindler Holding AG		38,849	$	12,175
SGS SA		6,227		620
Sonova Holding AG		2,660		777
Stadler Rail		39,702		930
Sulzer		7,826		1,335
UBS Group AG		814,410		25,013
Zurich Insurance Group AG		6,279		4,382
				138,774

Taiwan — 0.3%
Taiwan Semiconductor Manufacturing Co Ltd ADR		63,743		10,581

United Kingdom — 11.1%
3i Group PLC		164,920		7,749
Adaptimmune Therapeutics PLC ADR ^*		246,744		49
AJ Bell PLC		163,166		854
ARM Holdings PLC ADR ^*		50,127		5,353
Associated British Foods PLC		41,086		1,018
AstraZeneca PLC		95,865		14,066
Auto Trader Group PLC		144,289		1,394
BAE Systems PLC		532,590		10,746
Balfour Beatty PLC		165,599		931
Barclays PLC		6,596,477		24,784
Barclays PLC ADR		1,267,797		19,473
Bellway PLC		3,194		98
Berkeley Group Holdings PLC		31,873		1,482
Breedon Group PLC		165,020		955
British Land Co PLC/The		472,321		2,260
BT Group PLC, Cl A		535,489		1,148
Carnival PLC ADR ^*		229,191		4,018
Centrica PLC		940,487		1,820
CK Hutchison Holdings Ltd		782,615		4,412
Coca-Cola Europacific Partners PLC		12,420		1,081
Compass Group PLC		152,360		5,036
Computacenter PLC		35,635		1,131
Cranswick PLC		18,710		1,185
Diageo PLC		415,038		10,838
Drax Group		167,637		1,267
easyJet PLC		139,480		801
Firstgroup PLC		498,805		1,004
Games Workshop Group PLC		6,156		1,118
Gamma Communications PLC		46,249		728
Global Ship Lease Inc, Cl A		12,426		284
Grafton Group		90,545		1,008
Greggs PLC		10,533		238
GSK PLC ADR		199,244		7,719
Halma PLC		104,485		3,503
Hill & Smith		40,789		925
Howden Joinery Group PLC		98,294		919
HSBC Holdings PLC		2,271,849		25,735
IMI PLC		42,494		1,044
Imperial Brands PLC		217,309		8,035
Inchcape PLC		124,798		1,079

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Equity Fund (Continued)


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Intertek Group PLC		108,325	$	7,038
Investec PLC		865,660		5,359
J Sainsbury PLC		7,485,719		22,799
JET2 PLC		50,795		816
Johnson Matthey PLC		63,174		1,085
Just Group PLC		576,091		1,093
Kingfisher PLC		771,812		2,540
Lancashire Holdings Ltd		117,885		879
Land Securities Group PLC ^‡		130,187		927
Legal & General Group PLC		117,786		371
Man Group PLC/Jersey		129,603		332
Marks & Spencer Group PLC		1,510,587		6,969
Morgan Sindall Group PLC		18,757		804
National Grid PLC		50,320		656
NatWest Group PLC		3,154,404		18,610
Next PLC		45,453		6,544
Ninety One PLC		192,875		366
OSB Group PLC		188,356		1,053
Paragon Banking Group PLC		99,554		946
Premier Foods PLC		394,455		934
Quilter PLC		1,071,341		2,038
Reckitt Benckiser Group PLC		420,600		28,419
RELX PLC		53,166		2,668
Rolls-Royce Holdings PLC ^*		2,008,361		19,505
Rotork PLC		228,950		930
Sage Group PLC/The		139,479		2,188
Schroders PLC		232,647		1,052
Smith & Nephew PLC		516,560		7,259
Softcat PLC		45,300		928
Standard Chartered PLC		856,533		12,701
Tate & Lyle		146,499		979
Tesco PLC		3,364,808		14,465
Travis Perkins PLC		1,289,925		9,195
Unilever PLC		243,598		14,524
Vesuvius PLC		183,043		923
Vodafone Group PLC		4,486,459		4,212
Volution Group PLC		127,935		894
WH Smith PLC		20,652		271
				380,560

United States — 9.3%
Aon PLC, Cl A		11,249		4,489
Arch Capital Group Ltd		72,686		6,991
Atlassian Corp, Cl A ^*		19,217		4,078
BP PLC		860,061		4,822
CyberArk Software Ltd ^*		9,911		3,350
Experian PLC		92,931		4,303
GSK PLC		1,536,591		29,342
Holcim AG		24,203		2,604
ICON PLC ^*		34,337		6,009
Inmode Ltd ^*		49,963		886
Linde PLC		11,123		5,179
Medtronic PLC		167,986		15,095
Monday.com Ltd ^*		23,671		5,756


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Navigator Holdings Ltd		9,350	$	124
Nestle SA		135,504		13,693
Novartis AG		264,324		29,357
Roche Holding AG		246,963		81,278
Sanofi SA		223,699		24,743
Shell PLC		728,153		26,595
Signify NV		103,206		2,239
Spotify Technology SA ^*		50,538		27,797
Stellantis NV		167,697		1,879
STERIS PLC		24,315		5,511
Swiss Re AG		28,616		4,870
Tenaris SA		239,125		4,675
Waste Connections Inc		22,766		4,444
				320,109

Total Common Stock
(Cost $2,734,293) ($ Thousands)				3,215,748
	Face Amount (Thousands)
U.S. TREASURY OBLIGATION — 3.0%
U.S. Treasury Bill
4.262%, 08/28/2025 (A)	$	104,193		102,421

Total U.S. Treasury Obligation
(Cost $102,394) ($ Thousands)				102,421


	Shares
PREFERRED STOCK — 0.5%
Germany — 0.5%
FUCHS SE, 2.800%		19,723		949
Henkel AG & Co KGaA (B)		105,784		8,408
Jungheinrich AG (B)		14,608		509
Porsche Automobil Holding SE, 2.530%		61,521		2,315
Volkswagen AG, 7.200%		42,945		4,378

Total Preferred Stock
(Cost $15,600) ($ Thousands)				16,559

CASH EQUIVALENT — 0.8%
SEI Daily Income Trust, Government Fund, Institutional Class
4.177%**^†		28,567,871		28,568
Total Cash Equivalent
(Cost $28,568) ($ Thousands)				28,568
Total Investments in Securities — 97.6%
(Cost $2,880,855) ($ Thousands)			$	3,363,296

SEI Institutional International Trust

A list of the open futures contracts held by the Fund at March 31, 2025, is as follows:

Type of Contract	Number of Contracts		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation (Depreciation)(Thousands)
Long Contracts
Euro STOXX 50		176		Jun-2025	$	10,444	$	9,865	$	(460	)
FTSE 100 Index		59		Jun-2025		6,690		6,543		(107	)
Hang Seng Index		4		Apr-2025		606		596		(10	)
SPI 200 Index		28		Jun-2025		3,486		3,437		6
TOPIX Index		44		Jun-2025		7,804		7,832		95
					$	29,030	$	28,273	$	(476	)

A list of the open OTC Swap agreement held by the Fund at March 31, 2025, 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)

Bank of America

Custom Basket of International Equity Securities

Federal Funds Effective Rate (Daily) + custom spread

Asset Returns

Annually

12/15/2029

USD

–

7,286

–

7,286

–

7,286

The following table represents the top 50 individual stock exposures comprising the Custom Basket Total Return Swap as of March 31, 2025:

United States Custom Basket of Long Securities

Shares		Description	Notional Amount (Thousands)		Value (Thousands)			Percentage of Basket

	283,052	BNP PARIBAS SA ACT -A-	$	22,605	$	974		18.5	%
	367,208	RECRUIT HOLDINGS CO. LTD.		21,299		(2,560	)	17.5
	1,865,749	CAIXABANK S.A. SHS		14,100		331		11.6
	243,500	SOFTBANK GROUP CORP.		12,784		(630	)	10.5
	516,064	FUJITSU LTD.		10,416		(236	)	8.5
	32,588	DASSAULT AVIATION SA ACT		10,304		412		8.5
	2,759,733	INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA REGIS		9,933		(751	)	8.2
	1,750,130	NATWEST GROUP PLC REGISTERED SHS		9,823		685		8.1
	445,115	NEC CORP.		8,799		557		7.2
	590,909	STANDARD CHARTERED PLC REGISTERED SHS		8,830		(97	)	7.2
	182,963	EXPERIAN PLC REGISTERED SHS		8,294		126		6.8
	306,360	REXEL SA ACT		8,156		27		6.7
	315,930	DNB BANK ASA REGISTERED SHS		7,985		266		6.6
	584,575	BANCO BILBAO VIZCAYA ARGENTARIA SA REGISTERED SHS		7,936		(17	)	6.5
	76,748	PUBLICIS GROUPE SA ACT		7,517		(341	)	6.2
	483,208	SANKYO CO. LTD.		7,305		(141	)	6.0
	294,700	SONY GROUP CORP.		6,940		464		5.7
	189,892	DEUTSCHE TELEKOM AG NAMEN-AKT		6,971		34		5.7
	3,686,836	CENTRICA PLC REGISTERED SHS		6,862		226		5.6
	970,137	BANCO SANTANDER SA REGISTERED SHS		6,491		2		5.3
	52,943	IPSEN ACT		6,300		(228	)	5.2
	135,929	SOCIETE GENERALE SA ACT		5,917		151		4.9
	228,400	SUMITOMO MITSUI FINANCIAL GROUP INC.		5,882		(31	)	4.8
	157,089	TOKIO MARINE HOLDINGS INC.		5,874		201		4.8
	37,343	TOKYO ELECTRON LTD.		5,373		(307	)	4.4
	660,380	DAI-ICHI LIFE HOLDINGS INC.		4,884		167		4.0
	69,512	TREND MICRO INC.		4,692		19		3.9
	219,185	JAPAN POST INSURANCE CO. LTD.		4,491		6		3.7

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Equity Fund (Continued)

Shares		Description	Notional Amount (Thousands)		Value (Thousands)			Percentage of Basket

	138,011	BIPROGY INC.	$	4,114	$	137		3.4	%
	252,172	SAGE GROUP PLC REGISTERED SHS		3,902		16		3.2
	40,416	SHOPIFY INC REGISTERED SHS		3,826		28		3.1
	112,235	SANWA HOLDINGS CORP.		3,691		(97	)	3.0
	504,266	MAZDA MOTOR CORP.		3,500		(248	)	2.9
	184,750	MITSUBISHI ELECTRIC CORP.		3,438		(79	)	2.8
	140,622	CAPCOM CO. LTD.		3,267		178		2.7
	296,299	JAPAN POST HOLDINGS CO. LTD.		3,158		(169	)	2.6
	195,690	IVECO GROUP N.V. REGISTERED SHS		3,212		(33	)	2.6
	135,402	SUBARU CORP.		2,528		(90	)	2.1
	114,533	OTSUKA CORP.		2,513		14		2.1
	677,028	BARCLAYS PLC REGISTERED SHS		2,531		12		2.1
	386,791	INVESTEC PLC REGISTERED SHS		2,499		(112	)	2.1
	248,761	VALEO SE ACT		2,570		(269	)	2.1
	124,244	KOKUYO CO. LTD.		2,310		79		1.9
	69,850	CANON MARKETING JAPAN INC.		2,343		62		1.9
	62,434	PLUS500 LTD REGISTERED SHS		2,135		140		1.8
	32,100	NINTENDO CO. LTD.		2,213		(48	)	1.8
	122,640	MIZUNO CORP.		2,119		19		1.7
	34,596	ACS ACTIVIDADES DE CONSTRUCCION Y SERVICIOS SA BE		2,013		(46	)	1.7
	55,649	TECHNIP ENERGIES N.V. BEARER AND REGISTERED SHS		1,780		28		1.5
	704,512	MAN GROUP PLC REGISTERED SHS		1,879		(81	)	1.5
	161,694	RICOH CO. LTD.		1,754		(39	)	1.4
	12,883	EURONEXT NV BEARER AND REGISTERED SHS		1,746		111		1.4
	21,340	TEMENOS AG NAMEN-AKT		1,664		(24	)	1.4
	55,877	EISAI CO. LTD.		1,605		(37	)	1.3
	56,590	TIS INC.		1,609		(40	)	1.3
	163,181	SANTEN PHARMACEUTICAL CO. LTD.		1,553		5		1.3
	146,494	JAPAN EXCHANGE GROUP INC.		1,591		(75	)	1.3
	29,100	SHIBAURA MECHATRONICS CORP.		1,420		(11	)	1.2
	19,321	SCREEN HOLDINGS CO. LTD.		1,421		(202	)	1.2
	269,010	NOKIA CORP SHS SPONSORED AMERICAN DEPOSITARY RECEI		1,434		(30	)	1.2
	13,093	HOLCIM AG NAMEN-AKT		1,402		(3	)	1.2
	281,261	SUMITOMO PHARMA CO. LTD.		1,347		18		1.1
	59,292	MIXI INC.		1,371		(47	)	1.1
	27,332	3I GROUP PLC REGISTERED SHS		1,304		(34	)	1.1
	6,640	HELVETIA HOLDING AG NAMEN-AKT		1,371		-		1.1
	105,424	FRESNILLO PLC REGISTERED SHS		1,274		(22	)	1.0

United States Custom Basket of Short Securities

Shares			Description	Notional Amount (Thousands)			Value (Thousands)			Percentage of Basket

	(1,224,612	)	DAVIDE CAMPARI-MILANO N.V. REGISTERED SHS	$	(7,683	)	$	534		(6.3	)%
	(126,597	)	DR. ING. H.C. F. PORSCHE AKTIENGESELLSCHAFT VORZ-I		(7,346	)		1,074		(6.0	)
	(5,698	)	BARRY CALLEBAUT AG NAMEN-AKT		(7,218	)		(319	)	(5.9	)
	(2,098,468	)	EDP S.A REGISTERED SHS		(7,061	)		19		(5.8	)
	(148,278	)	ORSTED REGISTERED SHS		(6,913	)		454		(5.7	)
	(712,478	)	NESTE CORPORATION REGISTERED SHS		(6,808	)		98		(5.6	)
	(49,487	)	REDCARE PHARMACY N.V. BEARER SHS		(6,869	)		530		(5.6	)
	(758,485	)	EDP RENOVAVEIS SA BEARER SHS		(6,850	)		544		(5.6	)
	(425,956	)	FRONTLINE PLC REGISTERED SHS		(6,573	)		170		(5.4	)
	(1,285,366	)	ENERGY FUELS INC REGISTERED SHS		(5,309	)		516		(4.4	)
	(194,686	)	DELIVERY HERO SE NAMEN-AKT UNITARY		(5,133	)		524		(4.2	)
	(61,023	)	ZEALAND PHARMA A/S SHS		(5,174	)		613		(4.2	)
	(58,451	)	ELIA GROUP SA/NV ACT		(5,042	)		(126	)	(4.1	)
	(464,062	)	BITDEER TECHNOLOGIES GROUP REGISTERED SHS-A-		(4,802	)		712		(3.9	)
	(523,892	)	NEXTDC LTD REGISTERED SHS		(4,192	)		494		(3.4	)
	(310,285	)	OCI N.V. REGISTERED SHS		(3,842	)		289		(3.2	)
	(365,000	)	KEISEI ELECTRIC RAILWAY CO. LTD.		(3,664	)		396		(3.0	)
	(20,028	)	ICON PLC REGISTERED SHS		(3,697	)		198		(3.0	)

SEI Institutional International Trust

Shares			Description	Notional Amount (Thousands)			Value (Thousands)			Percentage of Basket
	(43,645	)	GERRESHEIMER AG INHABER-AKT	$	(3,635	)	$	339		(3.0	)%
	(379,023	)	GENIUS SPORTS LIMITED REGISTERED SHS		(3,486	)		(302	)	(2.9	)
	(165,309	)	NATIONAL AUSTRALIA BANK LTD REGISTERED SHS		(3,474	)		(40	)	(2.9	)
	(2,532,200	)	DENISON MINES CORP REGISTERED SHS		(3,504	)		203		(2.9	)
	(498,792	)	NOKIAN TYRES PLC REGISTERED SHS		(3,531	)		54		(2.9	)
	(139,100	)	SEIBU HOLDINGS INC.		(3,306	)		229		(2.7	)
	(68,910	)	BIRKENSTOCK HOLDING LIMITED REGISTERED SHS		(3,132	)		(28	)	(2.6	)
	(188,756	)	TEVA PHARMACEUTICAL INDUSTRIES LTD SHS SPONSORED A		(3,152	)		256		(2.6	)
	(143,382	)	STEVANATO GROUP S.P.A. AZ NOMINATIVA		(2,879	)		(44	)	(2.4	)
	(139,597	)	BASIC-FIT N.V. REGISTERED SHS		(2,773	)		(69	)	(2.3	)
	(78,488	)	GOLAR LNG LTD REGISTERED SHS		(2,658	)		(349	)	(2.2	)
	(374,246	)	NEUREN PHARMACEUTICALS LTD REGISTERED SHS		(2,601	)		(185	)	(2.1	)
	(194,400	)	RESERVE BALANCE		(2,392	)		(47	)	(2.0	)
	(37,779	)	ERAMET SA ACT		(2,397	)		368		(2.0	)
	(1,034,368	)	BORR DRILLING LTD REGISTERED SHS		(2,335	)		70		(1.9	)
	(402,946	)	YELLOW CAKE PLC REGISTERED SHS		(2,260	)		87		(1.9	)
	(348,167	)	MEGAPORT LTD REGISTERED SHS		(2,170	)		88		(1.8	)
	(95,954	)	WIZZ AIR HOLDINGS PLC REGISTERED SHS		(2,062	)		192		(1.7	)
	(117,788	)	AMG CRITICAL MATERIALS N.V. BEARER AND REGISTERED		(2,022	)		208		(1.7	)
	(67,100	)	MONEY FORWARD INC.		(1,896	)		106		(1.6	)
	(39,976	)	SALMAR ASA REGISTERED SHS		(1,948	)		39		(1.6	)
	(118,129	)	GETLINK SE ACT		(1,975	)		(58	)	(1.6	)
	(17,508	)	BANQUE CANTONALE VAUDOISE ACT NOM		(1,882	)		(23	)	(1.5	)
	(158,600	)	MITSUI E&S CO. LTD.		(1,858	)		82		(1.5	)
	(332,699	)	PENNON GROUP PLC REGISTERED SHS		(1,790	)		(134	)	(1.5	)
	(71,800	)	HARMONIC DRIVE SYSTEMS INC.		(1,745	)		213		(1.4	)
	(115,590	)	BURFORD CAPITAL LIMITED REGISTERED SHS		(1,579	)		55		(1.3	)
	(379,885	)	RENTOKIL INITIAL PLC REGISTERED SHS		(1,605	)		(140	)	(1.3	)
	(75,100	)	KOKUSAI ELECTRIC CORP.		(1,509	)		797		(1.2	)
	(17,016	)	JYSKE BANK A/S REGISTERED SHS		(1,432	)		32		(1.2	)
	(89,062	)	ENLIGHT RENEWABLE ENERGY LTD REGISTERED SHS		(1,513	)		110		(1.2	)
	(240,700	)	ORIENT CORP.		(1,310	)		(14	)	(1.1	)
	(162,465	)	AYVENS ACT		(1,387	)		(30	)	(1.1	)
	(45,693	)	SCOR SE ACT		(1,309	)		(3	)	(1.1	)
	(1,034,424	)	OXFORD NANOPORE TECHNOLOGIES PLC REGISTERED SHS		(1,363	)		9		(1.1	)
	(31,700	)	SWCC CORP.		(1,246	)		(72	)	(1.0	)
	(114,800	)	OSAKA SODA CO. LTD.		(1,229	)		(17	)	(1.0	)
	(311,300	)	ENERGY FUELS INC REGISTERED SHS		(1,279	)		127		(1.0	)
	(140,900	)	AYA GOLD & SILVER INC REGISTERED SHS		(1,183	)		94		(1.0	)
	(24,789	)	REMY COINTREAU SA ACT		(1,207	)		54		(1.0	)
	(78,261	)	ASHTROM GROUP LTD REGISTERED SHS		(1,245	)		179		(1.0	)
	(36,158	)	EDENRED ACT PORTEUR ET/OU NOMINATIF		(1,253	)		85		(1.0	)
	(12,186	)	PERNOD RICARD SA ACT		(1,273	)		74		(1.0	)
	(26,828	)	SILTRONIC AG NAMEN-AKT		(1,266	)		114		(1.0	)

	Percentages are based on Net Assets of $3,445,653 ($ Thousands).
*	Non-income producing security.
**	The rate reported is the 7-day effective yield as of March 31, 2025.
^†	Investment in Affiliated Security (see Note 6).
^‡	Real Estate Investment Trust.
(A)	Interest rate represents the security's effective yield at the time of purchase.
(B)	No interest rate available.

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Equity Fund (Concluded)

The following is a summary of the level of inputs used as of March 31, 2025, 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

3,215,748

–

3,215,748

U.S. Treasury Obligation

–

102,421

–

102,421

Preferred Stock

16,559

–

16,559

Cash Equivalent

28,568

–

28,568

Total Investments in Securities

3,260,875

102,421

–

3,363,296

Other Financial Instruments

Level 1
($)

Level 2
($)

Level 3
($)

Total
($)

Futures Contracts*

Unrealized Appreciation

101

–

101

Unrealized Depreciation

(577

)

–

(577

)

OTC Swap

Total Return Swap*

Unrealized Appreciation

–

7,286

–

7,286

Total Other Financial Instruments

(476

)

7,286

–

6,810

*	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 Fund’s transactions with affiliates for the period ended March 31, 2025 ($ Thousands):

Security Description	Value 9/30/2024		Purchases at Cost		Proceeds from Sales			Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value 3/31/2025		Income		Capital Gains
SEI Daily Income Trust, Government Fund, Institutional Class	$	61,716	$	264,907	$	(298,055	)	$	—	$	—	$	28,568	$	866	$	—

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

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Equity Fund


Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 93.5%
Austria — 0.2%
Erste Group Bank AG		32,405	$	2,239

Brazil — 3.7%
Ambev SA ADR		1,146,107		2,670
Banco do Brasil SA		53,342		263
BB Seguridade Participacoes SA		270,534		1,906
C&A MODAS SA		1,392,800		2,595
Cia de Saneamento Basico do Estado de Sao Paulo		18,262		326
CPFL Energia SA		544,195		3,600
Cyrela Brazil Realty SA Empreendimentos e Participacoes		84,100		350
Embraer SA ADR ^*		38,848		1,795
Lojas Renner SA		128,460		276
MercadoLibre Inc ^*		501		977
Natura & Co Holding SA		3,887,200		6,834
Odontoprev		65,500		119
Petroleo Brasileiro SA		457,412		3,271
Porto Seguro SA		39,800		277
Raia Drogasil SA		1,453,900		4,858
Sendas Distribuidora S/A		1,430,000		1,882
Telefonica Brasil SA		145,022		1,267
TIM SA/Brazil		2,605,200		8,174
TOTVS SA		393,400		2,304
Vale SA		278,965		2,772
Vibra Energia SA		1,034,488		3,226
WEG SA		281,400		2,225
				51,967

Canada — 0.3%
Pan American Silver Corp		139,991		3,616

Chile — 0.9%
Banco de Chile		63,132,483		8,323
Empresas Copec SA		103,500		712
Enel Chile SA		6,371,900		418
Enel Chile SA ADR		72,058		236
Enersis		5,212,500		506
Engie Energia Chile ^*		119,600		123
Falabella SA		207,569		863
Latam Airlines Group ADR		29,110		910
				12,091

China — 26.4%
3SBio Inc		999,492		1,537
AAC Technologies Holdings Inc		456,697		2,787
Airtac International Group		21,270		540
Akeso Inc ^*		162,000		1,597
Alibaba Group Holding Ltd		3,216,664		53,231
Aluminum Corp of China Ltd, Cl A		106,082		110
Anhui Conch Cement, Cl A		44,800		150
Anhui Conch Cement Co Ltd, Cl H		1,262,100		3,570
Anker Innovations Technology, Cl A		16,800		239
BAIC Motor Corp Ltd, Cl H		414,300		108


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Baidu Inc ADR ^*		118,042	$	10,863
Beijing Tiantan Biological Products Corp Ltd, Cl A		101,992		286
Bosideng International Holdings Ltd		3,115,746		1,599
BYD Co Ltd, Cl A		10,900		567
BYD Co Ltd, Cl H		81,500		4,128
Cambricon Technologies, Cl A ^*		2,400		208
Centre Testing International Group Co Ltd, Cl A		2,918,000		5,186
China CITIC Bank Corp Ltd, Cl A		315,000		309
China CITIC Bank Corp Ltd, Cl H		3,994,100		3,133
China Communications Services Corp Ltd, Cl H		2,811,572		1,539
China Construction Bank Corp, Cl H		1,183,979		1,049
China Everbright Bank Co Ltd, Cl H		269,518		110
China Feihe Ltd		1,034,072		780
China Hongqiao Group Ltd		866,443		1,793
China Life Insurance Co Ltd, Cl A		40,300		209
China Life Insurance Co Ltd, Cl H		1,569,089		3,034
China Meidong Auto Holdings Ltd		8,948,000		2,440
China Merchants Bank Co Ltd, Cl H		184,900		1,096
China Merchants Port Holdings Co Ltd		389,967		671
China Overseas Land & Investment Ltd		797,500		1,428
China Pacific Insurance Group Co Ltd, Cl A		146,600		651
China Pacific Insurance Group Co Ltd, Cl H		396,658		1,250
China Railway Signal & Communication Corp Ltd, Cl H		722,580		299
China Reinsurance Group, Cl H		3,918,200		485
China Resources Land Ltd		2,750,500		9,125
China Tower, Cl H		160,320		216
CITIC Ltd		289,709		358
Consun Pharmaceutical Group		108,000		128
Contemporary Amperex Technology Co Ltd, Cl A		386,400		13,524
CRRC Corp Ltd, Cl A		242,600		236
Dong-E-E-Jiao Co Ltd, Cl E		19,100		159
Eastroc Beverage Group Co Ltd, Cl A		116,553		4,004
Far East Horizon Ltd		1,925,117		1,576
FinVolution Group ADR		113,324		1,091
Foshan Haitian Flavouring & Food Co Ltd, Cl A		1,982,360		11,106
Fufeng Group Ltd		1,050,559		824
Fuyao Glass Industry Group Co Ltd, Cl A		51,900		419
GDS Holdings, Cl A ^*		177,800		562
Geely Automobile Holdings Ltd		2,226,963		4,781
Genertec Universal Medical Group		579,000		390
Giant Biogene Holding Co ltd		281,119		2,557
Goneo Group Co Ltd, Cl A		22,491		223
Guangzhou Kingmed Diagnostics Group Co Ltd, Cl A		984,689		4,373
Guotai Junan Securities Co Ltd, Cl A		230,700		547
Haier Smart Home Co Ltd, Cl A		3,383,000		10,907
Haitian International Holdings Ltd		109,200		290

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Equity Fund (Continued)


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Hello Group Inc ADR		147,346	$	930
Hithink RoyalFlush Information Network, Cl A		7,800		307
Huaqin Technology, Cl A		11,100		123
Huatai Securities Co Ltd, Cl A		99,400		227
Hubei Jumpcan Pharmaceutical Co Ltd, Cl A		30,100		116
Hygon Information Technology Co Ltd, Cl A		30,400		596
Industrial & Commercial Bank of China Ltd, Cl H		10,344,109		7,382
iQIYI Inc ADR ^*		1,776,517		4,015
JD.com Inc ADR		255,671		10,513
JD.com Inc, Cl A		271,063		5,577
Jiangsu Hengrui Pharmaceuticals Co Ltd, Cl A		383,100		2,594
Jiangsu Yuyue Medical Equipment & Supply Co Ltd, Cl A		104,800		504
Jinan Acetate Chemical		4,900		128
JinkoSolar Holding ADR		8,600		160
Kingsoft Corp Ltd		384,700		1,874
Kunlun Energy Co Ltd		5,224,635		5,106
Lens Technology Co Ltd, Cl A		70,800		248
Luxshare Precision Industry Co Ltd, Cl A		88,600		501
Meituan, Cl B ^*		1,030,390		20,737
NetEase Inc		680,291		13,977
New China Life Insurance Co Ltd, Cl A		114,100		811
New China Life Insurance Co Ltd, Cl H		37,900		145
Ningbo Deye Technology Co Ltd, Cl A		20,500		259
Orient Securities Co Ltd/China, Cl A		112,000		146
PDD Holdings Inc ADR ^*		22,001		2,604
People's Insurance Co Group of China Ltd/The, Cl A		565,300		532
People's Insurance Co Group of China Ltd/The, Cl H		6,103,169		3,162
PetroChina Co Ltd, Cl H		3,391,576		2,750
PICC Property & Casualty Co Ltd, Cl H		5,127,338		9,496
Ping An Insurance Group Co of China Ltd, Cl A		71,600		510
Ping An Insurance Group Co of China Ltd, Cl H		2,583,268		15,422
Pop Mart International Group Ltd		295,115		5,965
Qifu Technology Inc ADR		58,963		2,648
Qingdao Port International Co Ltd, Cl H		670,700		555
Sany Heavy Industry, Cl A		132,800		350
Seazen Group Ltd ^*		1,048,300		273
SF Holding Co Ltd, Cl A		271,900		1,617
Shanghai Industrial Holdings Ltd		420,144		630
Shanghai Lujiazui Finance & Trade Zone Development, Cl B		225,000		104
Shenwan Hongyuan Group Co Ltd, Cl A		1,266,900		862
Shenzhen Envicool Technology Co Ltd, Cl A		439,600		2,388
Shenzhen International Holdings Ltd		19,304		20
Sichuan Kelun Pharmaceutical Co Ltd, Cl A		91,500		406
Simcere Pharmaceutical Group		162,700		165


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Sinopec Engineering Group Co Ltd, Cl H		847,319	$	600
Tencent Holdings Ltd		637,363		40,731
Trip.com Group Ltd		50,867		3,234
Vipshop Holdings Ltd ADR		582,889		9,140
WUS Printed Circuit Kunshan Co Ltd, Cl A		85,500		393
Xiaomi Corp, Cl B ^*		1,293,923		8,189
Yangzijiang Shipbuilding Holdings Ltd		942,116		1,653
Yunnan Yuntianhua Co Ltd, Cl A		97,000		306
Yutong Bus Co Ltd, Cl A		128,700		471
Zhejiang China Commodities City Group, Cl A		119,100		250
Zhejiang NHU Co Ltd, Cl A		42,500		131
Zhejiang Sanhua Intelligent Controls, Cl A		256,800		1,028
Zoomlion Heavy Industry Science and Technology Co Ltd		2,508,000		1,845
Zoomlion Heavy Industry Science and Technology Co Ltd, Cl A		371,569		385
				370,169

Colombia — 0.0%
Bancolombia SA ADR, Cl R		18,054		726

Egypt — 0.1%
Commercial International Bank - Egypt (CIB)		741,274		1,209
Eastern Co SAE		681,700		448
				1,657

Germany — 0.0%
Infineon Technologies AG		14,848		494

Greece — 1.4%
Alpha Services and Holdings SA		1,534,948		3,683
Danaos Corp		8,248		644
Eurobank Ergasias Services and Holdings SA		3,880,124		10,413
Hellenic Telecommunications Organization SA		125,590		2,041
JUMBO SA		9,900		271
Metlen Energy & Metals SA		29,160		1,284
Motor Oil Hellas Corinth Refineries SA		17,345		415
National Bank of Greece SA		23,394		240
OPAP SA		11,787		234
Piraeus Financial Holdings SA		202,996		1,114
				20,339

Hong Kong — 1.6%
AIA Group Ltd		1,432,000		10,842
Chaoda Modern Agriculture Holdings ^*		102,809		4
China High Precision Automation Group Ltd ^*(A)		1,385,624		40
Hong Kong Exchanges & Clearing Ltd		70,900		3,154
United Laboratories International Holdings Ltd/The		802,090		1,510
Vitasoy International Holdings Ltd		3,074,000		3,978

SEI Institutional International Trust


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
WH Group Ltd		3,202,107	$	2,940
				22,468

Hungary — 2.0%
Magyar Telekom Telecommunications PLC		521,729		2,273
MOL Hungarian Oil & Gas PLC		410,126		3,229
OTP Bank Nyrt		255,640		17,171
Richter Gedeon Nyrt		182,964		5,040
				27,713

India — 11.8%
Aditya Birla Sun Life Asset Management		29,700		220
Ajanta Pharma Ltd		6,200		190
AMI Organics		9,600		273
Apollo Hospitals Enterprise Ltd		29,892		2,309
Ashok Leyland Ltd		938,312		2,224
Bajaj Finance Ltd		1,500		156
Bharat Petroleum Corp Ltd		495,312		1,604
Bharti Airtel Ltd		170,136		3,440
Britannia Industries Ltd		43,383		2,500
BSE		1,900		121
Cartrade Tech Ltd ^*		76,995		1,476
Chambal Fertilisers and Chemicals Ltd		90,000		655
Coromandel International Ltd		94,050		2,174
Cummins India Ltd		5,198		185
Deepak Fertilisers & Petrochemicals		14,500		188
Divi's Laboratories Ltd		27,800		1,873
DLF Ltd		214,857		1,698
Dr Reddy's Laboratories Ltd ADR		610,274		8,050
eClerx Services Ltd		13,000		420
General Insurance Corp of India		204,895		1,003
GHCL Ltd		32,343		232
Gillette India Ltd		4,600		431
Great Eastern Shipping Co Ltd/The		74,939		813
HCL Technologies Ltd		383,646		7,107
HDFC Asset Management Co Ltd		1,586		74
HDFC Bank Ltd		226,563		4,829
HDFC Bank Ltd ADR		307,733		20,446
Hero MotoCorp Ltd		30,600		1,328
Hindalco Industries Ltd		109,806		871
Hindustan Petroleum Corp Ltd		29,300		123
Hindustan Zinc Ltd		100,000		536
ICICI Bank Ltd		300,446		4,722
ICICI Bank Ltd ADR		515,140		16,237
Indus Towers Ltd ^*		43,400		169
Infosys Ltd		203,704		3,733
Infosys Ltd ADR		604,562		11,033
IRB Infrastructure Developers Ltd		2,532,134		1,327
Jindal Saw Ltd		131,300		412
L&T Finance Ltd		561,032		1,001
LIC Housing Finance Ltd		64,100		421
Life Insurance Corp of India		40,200		374
LT Foods		25,300		112
Mahanagar Gas Ltd		22,200		358


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Mahindra & Mahindra Ltd		4,300	$	133
Mahindra & Mahindra Ltd GDR		266,946		8,316
Manappuram Finance Ltd		123,156		334
Maruti Suzuki India Ltd		16,669		2,239
Muthoot Finance Ltd		125,005		3,475
National Aluminium Co Ltd		371,100		756
Nava		31,500		190
Nippon Life India Asset Management Ltd		32,799		221
NMDC Ltd		1,369,509		1,095
Nuvama Wealth Management Ltd		3,700		262
Oberoi Realty Ltd		9,500		181
Oil & Natural Gas Corp Ltd		1,637,868		4,707
Persistent Systems		2,400		154
Petronet LNG Ltd		1,723,653		5,904
Phoenix Mills Ltd/The		136,501		2,616
PNB Housing Finance Ltd ^*		28,100		288
Power Grid Corp of India Ltd		297,214		1,006
REC Ltd		62,433		311
Redington Ltd		180,100		510
Reliance Industries Ltd		375,074		5,576
Shriram Finance		442,690		3,381
Sun Pharmaceutical Industries Ltd		104,100		2,110
Tata Consultancy Services Ltd		56,656		2,383
Tata Steel Ltd		756,818		1,352
Tech Mahindra Ltd		89,129		1,470
UltraTech Cement Ltd		5,200		698
United Spirits Ltd		64,600		1,057
Vedanta Ltd		839,397		4,523
Welspun		48,900		493
Wipro Ltd		204,700		624
Zensar Technologies		24,500		199
Zomato Ltd ^*		323,701		760
				164,772

Indonesia — 2.3%
Aspirasi Hidup Indonesia Tbk PT		15,734,300		473
Astra International Tbk PT		10,833,645		3,206
Bank Central Asia Tbk PT		17,363,100		8,871
Bank Rakyat Indonesia Persero Tbk PT		39,982,828		9,665
Bank Syariah Indonesia Tbk PT		10,454,500		1,465
Indofood Sukses Makmur Tbk PT		3,901,814		1,672
Japfa Comfeed Indonesia		2,371,800		287
Kalbe Farma Tbk PT		75,250,500		5,160
Perusahaan Gas Negara Tbk PT		8,650,100		808
				31,607

Japan — 0.4%
Unicharm Corp		623,800		4,983

Kuwait — 0.0%
Humansoft Holding Co KSC		69,900		597

Luxembourg — 0.1%
ZABKA GROUP SA ^*		381,555		2,041

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Equity Fund (Continued)


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Malaysia — 0.9%
Eco World Development Group		532,100	$	237
IHH Healthcare Bhd		1,173,600		1,830
IJM Corp Bhd		668,836		319
IOI		125,100		103
KPJ Healthcare Bhd		888,100		534
My EG Services Bhd		481,227		100
Petronas Gas Bhd		148,100		563
Public Bank Bhd		5,893,900		5,883
Sime Darby Bhd		130,228		65
SP Setia Group		950,500		254
Sunway Real Estate Investment Trust ^‡		850,500		349
Tenaga Nasional Bhd		466,037		1,408
United Plantations		63,450		321
Westports Holdings Bhd		729,746		790
				12,756

Mexico — 2.7%
America Movil SAB de CV		773,200		551
Arca Continental SAB de CV		129,400		1,353
BBB Foods Inc, Cl A ^*		61,162		1,632
Cemex SAB de CV ADR		286,776		1,609
Coca-Cola Femsa SAB de CV		331,641		3,044
El Puerto de Liverpool SAB de CV		146,685		688
Fomento Economico Mexicano SAB de CV		1,313,200		12,785
Fomento Economico Mexicano SAB de CV ADR		20,428		1,993
Genomma Lab Internacional SAB de CV, Cl B		447,800		554
Gentera SAB de CV		83,400		129
Grupo Financiero Banorte SAB de CV, Cl O		1,594,500		11,074
Regional SAB de CV		306,900		1,953
				37,365

Netherlands — 0.2%
SBM Offshore NV		148,474		3,161

New Zealand — 0.1%
a2 Milk Co Ltd/The		274,157		1,361

Peru — 0.0%
Intercorp Financial Services		8,300		275

Philippines — 0.5%
Aboitiz Power		284,400		192
Alliance Global Group Inc		1,476,100		157
BDO Unibank Inc		983,071		2,634
Converge Information and Communications Technology Solutions		1,541,800		501
DigiPlus Interactive		236,700		149
Globe Telecom Inc		5,500		216
GT Capital Holdings Inc		71,132		634
International Container Terminal Services Inc		60,208		374
Manila Electric Co		170,660		1,640


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Puregold Price Club Inc		684,200	$	337
				6,834

Poland — 1.1%
Alior Bank		77,708		2,408
CD Projekt SA		16,700		917
Enea SA ^*		195,458		774
KGHM Polska Miedz SA		85,183		2,781
KRUK SA		13,716		1,341
PGE Polska Grupa Energetyczna SA ^*		676,000		1,389
Powszechny Zaklad Ubezpieczen SA		365,535		5,304
				14,914

Portugal — 0.4%
Galp Energia SGPS SA, Cl B		131,526		2,302
Jeronimo Martins SGPS SA		157,294		3,330
				5,632

Qatar — 0.2%
Barwa Real Estate Co		532,700		385
Ooredoo QPSC		820,178		2,658
				3,043

Romania — 0.2%
NEPI Rockcastle NV		464,551		3,347

Russia — 0.0%
Alrosa PJSC (A)		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 (A)		230,389		–
Sberbank of Russia PJSC (A)		417,388		–
Sberbank of Russia PJSC ADR		58,444		–
Surgutneftegas PJSC ADR ^*		501,658		–
				–

Saudi Arabia — 1.1%
Arabian Centres Co		64,969		356
Arabian Internet & Communications Services		26,885		2,166
Elm Co		1,100		284
Etihad Etisalat Co		369,489		6,008
Riyad Bank		331,725		2,909
Saudi Arabian Oil Co		123,483		880
Saudi Telecom Co		44,011		532
United Electronics Co		80,859		2,025
				15,160

Singapore — 0.2%
Sea Ltd ADR ^*		15,463		2,018
Yangzijiang Financial Holding Ltd		473,000		279
				2,297

South Africa — 5.3%
Absa Group Ltd		575,754		5,562

SEI Institutional International Trust


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
AVI Ltd		1,998,476	$	9,652
Capitec Bank Holdings Ltd		33,702		5,714
Clicks Group Ltd		130,143		2,397
Discovery Ltd		178,044		1,931
Foschini Group Ltd/The		64,339		435
Hyprop Investments Ltd ^‡		317,427		719
Impala Platinum Holdings Ltd ^*		431,848		2,964
Kumba Iron Ore Ltd		12,067		205
Life Healthcare Group Holdings Ltd		883,100		664
Momentum Group Ltd		1,073,445		1,822
Mr Price Group Ltd		147,030		1,778
Naspers Ltd, Cl N		110,720		27,373
Nedbank Group Ltd		272,733		3,815
Old Mutual Ltd		1,106,575		716
Pepkor Holdings Ltd		732,000		1,016
Redefine Properties Ltd ^‡		2,797,800		637
Resilient REIT Ltd ^‡		252,179		780
Reunert Ltd		34,084		112
Sanlam Ltd		306,238		1,378
Telkom SA SOC Ltd ^*		57,500		116
Tiger Brands Ltd		32,800		496
Truworths International Ltd		103,614		405
Vodacom Group Ltd		314,800		2,156
Vukile Property Fund Ltd ^‡		819,529		777
				73,620

South Korea — 10.1%
BNK Financial Group Inc		66,100		464
Cosmax Inc		16,052		1,801
Coway Co Ltd		98,273		5,414
DB Insurance Co Ltd		7,154		432
DL E&C		7,200		204
Doosan Enerbility Co Ltd ^*		75,401		1,211
Hana Financial Group Inc		410,435		16,758
Hankook Tire & Technology Co Ltd		73,730		1,985
Hanwha Aerospace Co Ltd		500		215
Hanwha Corp		5,500		154
HD Korea Shipbuilding & Offshore Engineering Co Ltd		2,000		275
Hyundai Glovis Co Ltd		25,909		1,992
Hyundai Marine & Fire Insurance Co Ltd ^*		12,127		181
Hyundai Mobis Co Ltd		14,386		2,560
Hyundai Rotem Co Ltd		31,187		2,243
Industrial Bank of Korea		160,382		1,556
JB Financial Group Co Ltd		30,300		360
KB Financial Group Inc		12,411		673
Kia Corp		297,006		18,785
Korea Investment Holdings Co Ltd		26,695		1,335
Korean Air Lines Co Ltd		94,447		1,375
Krafton Inc ^*		6,412		1,466
KT Corp		26,833		904
KT Corp ADR		18,008		319
KT&G Corp		21,701		1,493
LG Chem Ltd		16,753		2,817


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
LG Corp		135,721	$	5,986
LG Electronics Inc		122,828		6,479
LG Uplus Corp		187,267		1,311
LS Industrial Systems Co Ltd		10,209		1,250
NAVER Corp		23,348		3,051
NH Investment & Securities Co Ltd		61,195		587
Samsung Biologics Co Ltd ^*		3,260		2,262
Samsung Electronics Co Ltd		720,722		28,573
Samsung Fire & Marine Insurance Co Ltd		800		195
Samsung Heavy Industries ^*		252,683		2,331
Samsung Securities Co Ltd		16,234		503
SK Biopharmaceuticals Co Ltd ^*		17,269		1,178
SK Hynix Inc		57,707		7,693
SK Square Co Ltd ^*		142,308		9,116
SK Telecom Co Ltd		19,030		717
Woori Financial Group Inc		227,383		2,568
				140,772

Taiwan — 13.2%
Accton Technology Corp		120,700		2,139
Acter Group Corp Ltd		34,600		372
Advantech Co Ltd		827,950		9,460
Alchip Technologies Ltd		20,000		1,686
Asustek Computer Inc		11,035		205
Cathay Financial Holding Co Ltd		1,416,900		2,644
Chipbond Technology Corp		102,600		202
Chroma ATE Inc		82,000		717
Compal Electronics Inc		423,989		412
CTBC Financial Holding Co Ltd		8,677,000		10,433
CyberPower Systems		30,000		256
Delta Electronics Inc		229,000		2,533
Elite Material Co Ltd		43,000		720
Eva Airways Corp		1,993,500		2,453
Fubon Financial Holding Co Ltd		642,704		1,671
Fusheng Precision Co Ltd		84,535		892
Hon Hai Precision Industry Co Ltd		376,000		1,696
Kaori Heat Treatment Co Ltd		30,000		204
King Slide Works		14,700		749
Largan Precision Co Ltd		57,538		4,144
Macronix International Co Ltd		3,040,000		1,919
MediaTek Inc		209,018		9,009
Micro-Star International Co Ltd		949,000		4,686
Nan Pao Resins Chemical Co Ltd		24,300		266
Nien Made Enterprise Co Ltd		51,986		624
Posiflex Technology		11,500		95
Pou Chen Corp		1,255,847		1,347
Primax Electronics Ltd		191,500		482
Realtek Semiconductor Corp		42,233		673
Taiwan Semiconductor Manufacturing Co Ltd		3,147,615		88,646
Taiwan Semiconductor Manufacturing Co Ltd ADR		94,808		15,738
Uni-President Enterprises Corp		6,804,055		16,592
Universal Microwave Technology Inc		144,000		1,707

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Equity Fund (Concluded)


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Zhen Ding Technology Holding Ltd		46,500	$	148
				185,520

Thailand — 1.5%
Advanced Info Service		188,000		1,529
Advanced Info Service PCL NVDR		146,200		1,189
Bangkok Bank PCL NVDR		15,969		69
CPN Retail Growth Leasehold REIT ^‡		309,500		108
Kasikornbank PCL NVDR		2,822,500		13,486
Krung Thai Bank PCL NVDR		1,628,930		1,161
PTT Exploration & Production PCL		333,472		1,149
PTT Exploration & Production PCL NVDR		185,960		640
Supalai PCL NVDR		333,738		158
Thai Beverage PCL		3,521,200		1,333
Thanachart Capital PCL NVDR		298,518		438
				21,260

Turkey — 0.0%
Ulker Biskuvi Sanayi AS ^*		137,083		435

Türkiye — 0.5%
Akbank TAS		328,057		452
Haci Omer Sabanci Holding AS		1,701,730		3,765
Turk Hava Yollari AO ^*		62,162		509
Turkcell Iletisim Hizmetleri AS		159,506		402
Turkiye Garanti Bankasi AS		277,548		863
Turkiye Is Bankasi AS, Cl C		717,900		232
Turkiye Petrol Rafinerileri AS		66,600		242
				6,465

United Arab Emirates — 2.2%
Abu Dhabi Commercial Bank PJSC		136,187		404
Air Arabia PJSC		1,359,950		1,145
Aldar Properties PJSC		924,843		2,112
Dubai Islamic Bank PJSC		427,823		833
Emaar Development PJSC		338,514		1,124
Emaar Properties PJSC		5,272,143		19,093
Emirates Telecommunications Group Co PJSC		613,124		2,821
First Abu Dhabi Bank PJSC		139,621		525
Parkin PJSC		155,800		211
Talabat Holding PLC ^*		6,220,377		2,401
				30,669

United Kingdom — 1.2%
Anglogold Ashanti		33,893		1,258
Unilever PLC		265,688		15,841
				17,099

United States — 0.2%
EPAM Systems Inc ^*		9,596		1,620
Titan Cement International SA		32,599		1,504
				3,124


Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Vietnam — 0.5%
Vinhomes JSC ^*		3,250,200	$	6,540

Total Common Stock
(Cost $1,110,376) ($ Thousands)				1,309,128

PREFERRED STOCK — 4.4%
Brazil — 3.1%
Banco Bradesco SA (B)		2,930,200		6,467
Itau Unibanco Holding SA ADR (B)		3,301,115		18,156
Itausa SA (B)		1,933,794		3,191
Marcopolo SA (B)		304,780		328
Petroleo Brasileiro SA ADR, Cl A (B)		849,567		11,078
Petroleo Brasileiro SA (B)		692,437		4,501
				43,721

South Korea — 1.3%
Hyundai Motor Co (B)		75,312		7,612
LG Chem Ltd (B)		11,805		932
LG Electronics Inc (B)		38,776		1,000
Samsung Electronics Co Ltd (B)		249,562		8,078
				17,622

Total Preferred Stock
(Cost $65,529) ($ Thousands)				61,343
		Number of Rights
RIGHTS — 0.0%
Brazil — 0.0%
Itausa, Expires 04/14/2025 *		26,622		13
Total Rights
(Cost $—) ($ Thousands)				13


	Face Amount (Thousands)
DEBENTURE BOND — 0.0%
Brazil — 0.0%
Vale SA, Ser 1997
1.641%, 03/31/2174 (C)(D)	BRL	8		1


Total Debenture Bond
(Cost $—) ($ Thousands)				1

SEI Institutional International Trust


Description	Shares		Market Value ($ Thousands)
CASH EQUIVALENT — 0.7%
SEI Daily Income Trust, Government Fund, Institutional Class
4.177%**^†		10,179,545	$	10,180
Total Cash Equivalent
(Cost $10,180) ($ Thousands)				10,180
Total Investments in Securities — 98.6%
(Cost $1,186,085) ($ Thousands)			$	1,380,665

A list of the open futures contracts held by the Fund at March 31, 2025, is as follows:

Type of Contract	Number of Contracts		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Depreciation(Thousands)
Long Contracts
MSCI Emerging Markets		173		Jun-2025	$	9,961	$	9,609	$	(352	)

	Percentages are based on Net Assets of $1,399,874 ($ Thousands).
*	Non-income producing security.
**	The rate reported is the 7-day effective yield as of March 31, 2025.
^†	Investment in Affiliated Security (see Note 6).
^‡	Real Estate Investment Trust.
(A)	Level 3 security in accordance with fair value hierarchy.
(B)	No interest rate available.
(C)	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.
(D)	Perpetual security with no stated maturity date.

The following is a summary of the level of inputs used as of March 31, 2025, 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		1,307,939		1,149		40		1,309,128
Preferred Stock		61,343		–		–		61,343
Rights		13		–		–		13
Debenture Bond		–		1		–		1
Cash Equivalent		10,180		–		–		10,180
Total Investments in Securities		1,379,475		1,150		40		1,380,665

Other Financial Instruments	Level 1 ($)			Level 2 ($)		Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Depreciation		(352	)		–		–		(352	)
Total Other Financial Instruments		(352	)		–		–		(352	)

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

(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.

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

The following is a summary of the Fund’s transactions with affiliates for the period ended March 31, 2025 ($ Thousands):

Security Description	Value 9/30/2024		Purchases at Cost		Proceeds from Sales			Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value 3/31/2025		Income		Capital Gains
SEI Daily Income Trust, Government Fund, Institutional Class	$	15,496	$	128,680	$	(133,996	)	$	—	$	—	$	10,180	$	324	$	—

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

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS — 94.2%
Australia — 3.2%
Amcor UK Finance
3.950%, 05/29/2032	EUR	650	$	703
Australia Government Bond
4.750%, 06/21/2054	AUD	1,625		977
4.500%, 04/21/2033		929		589
3.500%, 12/21/2034		334		194
3.000%, 03/21/2047		627		291
2.750%, 05/21/2041		1,200		581
2.500%, 05/21/2030		3,570		2,084
2.250%, 05/21/2028		2,640		1,575
1.750%, 06/21/2051		3,678		1,209
NBN MTN
4.375%, 03/15/2033	EUR	380		432
New South Wales Treasury
4.750%, 02/20/2035	AUD	878		533
2.000%, 03/08/2033		1,010		514
South Australian Government Financing Authority
4.750%, 05/24/2038		1,002		582
Treasury Corp of Victoria MTN
2.000%, 11/20/2037		2,435		1,034
				11,298

Austria — 0.6%
Republic of Austria Government Bond (A)
4.150%, 03/15/2037	EUR	503		591
3.450%, 10/20/2030		283		318
2.950%, 02/20/2035		499		532
2.100%, 09/20/2117		173		121
1.850%, 05/23/2049		242		193
Republic of Austria Government Bond, Ser 97-6
6.250%, 07/15/2027		403		473
				2,228

Belgium — 2.4%
Anheuser-Busch InBev MTN
3.950%, 03/22/2044		320		332
FLUVIUS System Operator MTN
3.875%, 05/02/2034		400		437
Kingdom of Belgium Government Bond
4.250%, 03/28/2041(A)		30		35
3.750%, 06/22/2045		378		406
3.500%, 06/22/2055(A)		406		401
3.450%, 06/22/2043(A)		215		223
3.100%, 06/22/2035(A)		4,740		5,034
3.000%, 06/22/2034(A)		505		539
2.850%, 10/22/2034(A)		34		36
2.700%, 10/22/2029(A)		822		894
1.600%, 06/22/2047(A)		41		30
0.800%, 06/22/2027(A)		210		220
				8,587


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Brazil — 0.1%
Nexa Resources
6.750%, 04/09/2034(A)	$	200	$	207
OEC Finance
9.572%cash/0% PIK, 12/26/2046(B)		204		2
6.081%cash/0% PIK, 10/25/2029		125		1
Raizen Fuels Finance
6.450%, 03/05/2034(A)		200		202
				412

Canada — 5.7%
Alimentation Couche-Tard
4.011%, 02/12/2036	EUR	234		246
Canada Government International Bond
4.625%, 04/30/2029	$	270		276
Canada Housing Trust No. 1
2.100%, 09/15/2029(A)	CAD	1,225		829
Canadian Government Bond
4.000%, 06/01/2041		953		735
3.000%, 06/01/2034		180		126
2.750%, 03/01/2030		1,076		752
2.750%, 06/01/2033		188		129
2.500%, 12/01/2032		961		652
2.250%, 06/01/2029		2,645		1,816
2.000%, 12/01/2051		1,579		856
1.750%, 12/01/2053		430		217
1.500%, 06/01/2026		1,406		966
1.250%, 03/01/2027		1,274		865
Canadian Imperial Bank of Commerce
4.508%, SOFRRATE + 0.930%, 09/11/2027 (C)	$	355		355
Canadian Treasury Bill
0.000%, 05/22/2025(D)(E)	CAD	1,513		1,047
CDP Financial
1.125%, 04/06/2027(A)	EUR	559		588
CPPIB Capital MTN
5.200%, 03/04/2034	AUD	274		173
0.250%, 04/06/2027	EUR	857		887
OMERS Finance Trust (A)
5.500%, 11/15/2033	$	284		299
4.000%, 04/20/2028		250		248
3.125%, 01/25/2029	EUR	250		274
Ontario Teachers' Finance Trust
0.500%, 05/06/2025		1,066		1,149
Ontario Teachers' Finance Trust MTN
0.100%, 05/19/2028		143		143
Province of Alberta Canada MTN
5.200%, 05/15/2034	AUD	550		347
Province of British Columbia Canada
2.950%, 12/18/2028	CAD	1,653		1,158
Province of British Columbia Canada MTN
5.250%, 05/23/2034	AUD	380		240
Province of Manitoba Canada MTN
4.850%, 08/28/2034		405		248

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Province of Ontario Canada
4.700%, 06/02/2037	CAD	570	$	428
4.650%, 06/02/2041		540		400
2.900%, 12/02/2046		1,419		803
2.800%, 06/02/2048		1,540		848
Province of Quebec Canada
6.250%, 06/01/2032		720		593
3.500%, 12/01/2048		635		391
Province of Quebec Canada MTN
5.250%, 05/02/2034	AUD	235		149
PSP Capital
3.250%, 07/02/2034(A)	EUR	250		269
South Bow Canadian Infrastructure Holdings
7.500%, H15T5Y + 3.667%, 03/01/2055 (A)(C)	$	260		263
South Bow USA Infrastructure Holdings (A)
6.176%, 10/01/2054		269		257
5.584%, 10/01/2034		289		283
				20,305

Chile — 0.1%
Nacional del Cobre de Chile
5.950%, 01/08/2034(A)		295		299


China — 10.8%
Bank of China MTN
3.200%, 10/18/2025	CNY	43,100		5,996
China Development Bank
4.300%, 08/02/2032		4,000		622
China Development Bank MTN
2.600%, 04/23/2029		7,510		1,034
China Government Bond
3.810%, 09/14/2050		12,450		2,280
3.120%, 10/25/2052		25,060		4,161
2.850%, 06/04/2027		20,200		2,863
2.600%, 09/15/2030		20,620		2,970
2.550%, 10/15/2028		34,750		4,940
2.350%, 02/25/2034		23,760		3,405
2.110%, 08/25/2034		1,020		144
1.910%, 07/15/2029		6,970		973
1.850%, 05/15/2027		5,850		810
1.740%, 10/15/2029		2,240		310
CNPC Global Capital
2.600%, 01/25/2026		11,940		1,648
Industrial & Commercial Bank of China MTN
3.200%, 10/25/2025		34,000		4,710
Prosus MTN
1.985%, 07/13/2033	EUR	750		675
1.288%, 07/13/2029		1,000		972
				38,513


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Colombia — 1.9%
Colombian TES
13.250%, 02/09/2033	COP	567,700	$	143
9.250%, 05/28/2042		1,089,400		197
7.750% 09/18/2030		1,622,900		332
7.500% 08/26/2026		250,900		58
7.250%, 10/18/2034		1,545,100		266
7.000%, 03/26/2031		1,308,600		250
6.250%, 07/09/2036		481,100		72
6.000%, 04/28/2028		23,724,800		5,021
5.750%, 11/03/2027		1,919,300		415
				6,754

Czechia — 0.1%
Czech Republic Government Bond
3.500%, 05/30/2035	CZK	1,150		47
1.950%, 07/30/2037		1,330		44
1.500%, 04/24/2040		2,240		65
1.200%, 03/13/2031		9,080		337
				493

Denmark — 0.1%
Denmark Government Bond
4.500%, 11/15/2039	DKK	1,533		267


Finland — 0.1%
Finland Government Bond (A)
3.000%, 09/15/2034	EUR	310		332
2.950%, 04/15/2055		130		125
				457

France — 5.2%
Banque Federative du Credit Mutuel
3.875%, EUSA5 + 2.200%, 06/16/2032 (C)		300		327
Banque Federative du Credit Mutuel MTN
3.750%, 02/03/2034		300		324
BNP Paribas
5.176%, SOFRRATE + 1.520%, 01/09/2030 (A)(C)	$	390		395
BNP Paribas MTN
4.750%, EUR003M + 1.600%, 11/13/2032 (C)	EUR	600		684
BPCE
2.125%, EUSA5 + 2.050%, 10/13/2046 (C)		1,400		1,312
1.000%, 01/20/2026(A)	$	950		924
BPCE MTN
4.125%, EUR003M + 1.450%, 03/08/2033 (C)	EUR	1,100		1,202
Credit Agricole MTN
6.500%, EUAMDB05 + 4.207% (C)(F)		400		443
4.125%, 02/26/2036		300		327
Credit Agricole Assurances
4.750%, 09/27/2048(C)		200		223

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Electricite de France MTN
7.500%, EUSA5 + 4.860% (C)(F)	EUR	600	$	710
5.875%, BPISDS15 + 3.323% (C)(F)	GBP	400		501
4.625%, 01/25/2043	EUR	900		954
Engie MTN
4.500%, 09/06/2042		300		325
4.250%, 09/06/2034		300		334
French Republic Government Bond OAT (A)
3.600%, 05/25/2042		1,439		1,509
3.250%, 05/25/2055		1,268		1,172
3.000%, 11/25/2034		122		127
2.750%, 02/25/2029		980		1,065
2.750%, 02/25/2030		269		291
2.500%, 09/24/2026		112		122
2.500%, 09/24/2027		2,027		2,200
2.500%, 05/25/2030		155		165
1.750%, 06/25/2039		197		168
0.750%, 05/25/2053		623		307
0.500%, 05/25/2040		628		426
0.000%, 11/25/2029(G)		405		387
Indigo Group SAS
4.500%, 04/18/2030		300		339
TDF Infrastructure SASU
5.625%, 07/21/2028		800		916
Ubisoft Entertainment
0.878%, 11/24/2027		500		490
				18,669

Germany — 4.7%
Bayer
7.000%, EUSA5 + 3.896%, 09/25/2083 (C)		400		454
Bundesobligation
2.500%, 10/11/2029		2,185		2,382
0.000%, 10/09/2026(G)		2,091		2,191
Bundesrepublik Deutschland Bundesanleihe
2.600%, 08/15/2033		2,230		2,405
2.600%, 05/15/2041		77		79
2.500%, 07/04/2044		168		167
2.300%, 02/15/2033		270		286
2.300%, 02/15/2033		618		655
1.800%, 08/15/2053		201		165
Commerzbank
6.500%(C)(F)		400		447
Commerzbank MTN
7.875%, EUAMDB05 + 5.129% (C)(F)		200		235
Deutsche Bank
5.000%, EUR003M + 2.950%, 09/05/2030 (C)		300		342
Deutsche Bank MTN
1.750%, 11/19/2030(C)		900		896
Deutsche Post MTN
3.500%, 03/25/2036		185		197


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
EnBW International Finance BV MTN
4.300%, 05/23/2034	EUR	1,050	$	1,173
Kreditanstalt fuer Wiederaufbau
2.600%, 06/20/2037	JPY	207,000		1,585
Mercedes-Benz Finance North America
5.375%, 11/26/2025(A)	$	290		291
Robert Bosch GmbH MTN
4.375%, 06/02/2043	EUR	400		429
Sartorius Finance BV
4.875%, 09/14/2035		200		230
Siemens Financieringsmaatschappij
3.625%, 02/22/2044		100		103
3.375%, 02/22/2037		600		631
Volkswagen International Finance
3.875%(C)(F)		200		203
Volkswagen Leasing GmbH MTN
4.750%, 09/25/2031		321		364
4.000%, 04/11/2031		399		436
Wintershall Dea Finance 2 BV
3.000%(C)(F)		500		502
				16,848

Greece — 0.6%
Hellenic Republic Government Bond (A)
4.125%, 06/15/2054		263		276
3.625%, 06/15/2035		1,843		2,002
				2,278

Hungary — 0.2%
Hungary Government Bond
7.000%, 10/24/2035	HUF	12,060		32
4.750%, 11/24/2032		18,630		43
4.500%, 03/23/2028		192,880		487
3.000%, 10/27/2038		4,830		8
2.000%, 05/23/2029		3,270		7
				577

Iceland — 0.2%
Iceland Rikisbref
6.500%, 01/24/2031	ISK	117,539		874


Indonesia — 1.8%
Indonesia Treasury Bond
8.750%, 05/15/2031	IDR	7,551,000		496
8.375%, 03/15/2034		32,431,000		2,127
7.500%, 06/15/2035		2,305,000		143
7.375%, 05/15/2048		11,760,000		719
7.000%, 09/15/2030		10,814,000		659
6.750%, 07/15/2035		1,493,000		88
6.625%, 02/15/2034		3,012,000		177
6.500%, 06/15/2025		2,225,000		134
6.500%, 02/15/2031		11,940,000		709
6.375%, 08/15/2028		15,716,000		940

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.500%, 04/15/2026	IDR	4,152,000	$	248
				6,440

Ireland — 0.3%
Ireland Government Bond
3.150%, 10/18/2055	EUR	149		151
0.113%, 10/18/2031		364		329
Kerry Group Financial Services MTN
3.375%, 03/05/2033		561		599
				1,079

Israel — 0.0%
Israel Government Bond - Fixed
1.000%, 03/31/2030	ILS	593		136


Italy — 4.4%
ASTM MTN
2.375%, 11/25/2033	EUR	620		587
Autostrade per l'Italia
2.000%, 01/15/2030		1,230		1,237
Autostrade per l'Italia MTN
2.250%, 01/25/2032		720		700
Intesa Sanpaolo MTN
4.875%, 05/19/2030		275		319
Italy Buoni Poliennali Del Tesoro
5.000%, 09/01/2040(A)		961		1,133
4.300%, 10/01/2054(A)		317		329
4.100%, 04/30/2046(A)		222		232
3.850%, 02/01/2035		121		132
3.850%, 10/01/2040(A)		2,233		2,308
3.500%, 03/01/2030(A)		475		528
3.350%, 07/01/2029		3,796		4,189
3.100%, 08/28/2026		763		834
2.500%, 12/01/2032		449		455
2.450%, 09/01/2033(A)		454		453
2.000%, 02/01/2028		604		646
1.450%, 03/01/2036(A)		477		406
0.950%, 06/01/2032		1,062		974
UniCredit
3.127%, H15T1Y + 1.550%, 06/03/2032 (A)(C)	$	305		271
				15,733

Japan — 13.9%
Development Bank of Japan
2.300%, 03/19/2026	JPY	150,000		1,018
East Japan Railway MTN
3.533%, 09/04/2036	EUR	330		349
Japan Government Forty Year Bond
2.200%, 03/20/2064	JPY	282,600		1,677
1.000%, 03/20/2062		301,050		1,248
Japan Government Ten Year Bond
0.900%, 09/20/2034		87,900		559
0.500%, 12/20/2032		617,550		3,897
0.100%, 12/20/2026		467,700		3,090


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
0.100%, 09/20/2027	JPY	413,350	$	2,713
0.100%, 12/20/2031		146,900		914
Japan Government Thirty Year Bond
2.300%, 03/20/2040		756,950		5,299
0.800%, 09/20/2047		126,100		621
0.700%, 12/20/2051		241,000		1,063
0.400%, 12/20/2049		393,750		1,668
Japan Government Thirty Year Bond, Ser 29
2.400%, 09/20/2038		50,650		362
Japan Government Thirty Year Bond, Ser 30
2.300%, 03/20/2039		134,600		948
Japan Government Thirty Year Bond, Ser 36
2.000%, 03/20/2042		274,450		1,815
Japan Government Twenty Year Bond
1.800%, 09/20/2031		287,200		1,996
1.700%, 06/20/2033		475,200		3,273
1.400%, 09/20/2034		276,050		1,838
0.900%, 06/20/2042		529,450		2,937
0.500%, 09/20/2036		248,750		1,464
0.200%, 06/20/2036		89,650		512
Japan Government Twenty Year Bond, Ser 144
1.500%, 03/20/2033		8,300		56
Japan Treasury Discount Bill
0.000%, 04/14/2025(D)(E)		323,700		2,164
0.000%, 05/07/2025(D)(E)		527,750		3,528
0.000%, 05/12/2025(D)(E)		625,000		4,178
NTT Finance
1.162%, 04/03/2026(A)	$	345		334
				49,521

Luxembourg — 0.3%
Eurofins Scientific
4.750%, 09/06/2030	EUR	660		737
JAB Holdings BV
4.750%, 06/29/2032		300		341
				1,078

Malaysia — 1.6%
Malaysia Government Bond
4.642%, 11/07/2033	MYR	242		58
4.457%, 03/31/2053		182		43
4.392% 04/15/2026		2,422		552
4.232%, 06/30/2031		2,295		532
4.065%, 06/15/2050		657		146
3.955%, 09/15/2025		2,627		594
3.906%, 07/15/2026		2,953		670
3.885%, 08/15/2029		3,948		900
3.828%, 07/05/2034		1,613		365
3.757%, 05/22/2040		1,066		236
3.733%, 06/15/2028		1,992		452
3.519%, 04/20/2028		1,557		351
3.502% 05/31/2027		3,247		733

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
2.632%, 04/15/2031	MYR	1,040	$	221
				5,853

Mexico — 4.7%
Mexican Bonos
8.500%, 03/02/2028	MXN	3,203		156
8.500%, 03/01/2029		9,168		443
8.000%, 11/07/2047		27,863		1,124
8.000%, 07/31/2053		28,772		1,146
7.750%, 11/23/2034		27,847		1,223
7.750%, 11/13/2042		40,696		1,632
7.500% 06/03/2027		19,447		930
7.500%, 05/26/2033		52,943		2,329
Mexican Bonos, Ser M20
7.750% 05/29/2031		13		1
Mexican Bonos, Ser M30
10.000% 11/20/2036		34,036		1,738
8.500%, 11/18/2038		9,055		405
Mexico Government International Bond
4.000%, 03/15/2115	EUR	2,530		1,776
Petroleos Mexicanos
6.700%, 02/16/2032	$	57		50
6.500%, 03/13/2027		130		127
4.750%, 02/26/2029	EUR	3,681		3,638
				16,718

Netherlands — 1.7%
Cooperatieve Rabobank UA
4.375%(C)(F)		200		213
Cooperatieve Rabobank UA MTN
4.625%, EUR003M + 1.550%, 01/27/2028 (C)		200		223
1.250%, 05/31/2032		300		290
Nederlandse Waterschapsbank MTN
0.000%, 11/16/2026(G)		432		450
Netherlands Government Bond (A)
4.000%, 01/15/2037		236		279
2.500%, 01/15/2030		188		203
2.500%, 01/15/2033		775		824
2.500%, 07/15/2034		34		36
0.240%, 01/15/2038		1,302		948
0.118%, 01/15/2052		5,202		2,464
0.000%, 07/15/2030(G)		256		243
				6,173

New Zealand — 2.2%
New Zealand Government Bond
5.000%, 05/15/2054	NZD	777		428
4.500%, 04/15/2027		1,212		699
4.500%, 05/15/2030		1,958		1,133
4.500%, 05/15/2035		1,454		817
4.250%, 05/15/2036		758		413
3.500%, 04/14/2033		291		155
3.000%, 04/20/2029		694		380
2.750%, 04/15/2037		795		367


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
2.750%, 05/15/2051	NZD	332	$	123
1.750%, 05/15/2041		231		84
1.500%, 05/15/2031		191		93
0.250%, 05/15/2028		1,245		633
New Zealand Government Inflation Linked Bond
2.500%, 09/20/2035		1,905		1,386
2.500%, 09/20/2040		722		498
New Zealand Local Government Funding Agency Bond
4.500%, 04/15/2027		803		462
				7,671

Norway — 1.7%
Norway Government Bond (A)
3.750%, 06/12/2035	NOK	8,073		745
3.625%, 04/13/2034		1,373		126
3.625%, 05/31/2039		845		77
2.125%, 05/18/2032		4,654		390
2.000%, 04/26/2028		2,624		237
1.750%, 02/17/2027		13,225		1,208
1.750%, 09/06/2029		7,731		670
1.500%, 02/19/2026		527		49
1.375%, 08/19/2030		10,807		898
1.250%, 09/17/2031		12,182		976
Var Energi
7.862%, EUAMDB05 + 4.765%, 11/15/2083 (C)	EUR	510		598
				5,974

Poland — 1.1%
Republic of Poland Government Bond
6.000%, 10/25/2033	PLN	1,029		271
5.000%, 10/25/2034		411		101
2.000%, 08/25/2036		13,545		3,264
1.750%, 04/25/2032		719		145
				3,781

Portugal — 0.3%
Portugal Obrigacoes do Tesouro OT (A)
3.875%, 02/15/2030	EUR	258		297
3.625%, 06/12/2054		139		141
3.000%, 06/15/2035		533		563
				1,001

Romania — 2.5%
Romania Government Bond
7.900%, 02/24/2038	RON	115		26
6.300%, 04/26/2028		2,300		488
4.850%, 07/25/2029		955		189
4.750%, 10/11/2034		795		142
3.650%, 07/28/2025		1,540		332
Romanian Government International Bond
5.875%, 07/11/2032(A)	EUR	528		566
2.625%, 12/02/2040		2,340		1,519

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Romanian Government International Bond MTN
5.625%, 02/22/2036	EUR	1,085	$	1,085
5.500%, 09/18/2028		770		862
3.875%, 10/29/2035		265		231
3.375%, 01/28/2050		956		611
2.750%, 04/14/2041		2,314		1,503
2.000%, 04/14/2033		1,229		986
1.750%, 07/13/2030		528		476
				9,016

Singapore — 1.6%
Singapore Government Bond
3.500%, 03/01/2027	SGD	1,717		1,302
3.375%, 09/01/2033		406		318
3.375%, 05/01/2034		161		127
2.875%, 09/01/2030		139		105
2.750%, 04/01/2042		301		224
2.375%, 06/01/2025		1,699		1,263
2.250%, 08/01/2036		1,051		747
2.125%, 06/01/2026		1,647		1,219
1.875%, 10/01/2051		180		112
1.250%, 11/01/2026		321		234
				5,651

Slovak Republic — 0.1%
Slovakia Government Bond
4.000%, 10/19/2032	EUR	389		443


Slovenia — 0.2%
Slovenia Government Bond
1.250%, 03/22/2027		556		591


South Korea — 0.7%
Korea Treasury Bond
3.500%, 06/10/2034	KRW	169,850		123
3.375%, 06/10/2032		570,570		405
3.125%, 09/10/2027		990,430		681
2.000%, 06/10/2031		1,541,510		1,006
1.875%, 06/10/2029		450,460		296
				2,511

Spain — 3.5%
Abertis Infraestructuras Finance BV
3.248%(C)(F)	EUR	300		322
Banco Santander
0.250%, 07/10/2029		400		391
Banco Santander MTN
5.750%, EUSA5 + 2.850%, 08/23/2033 (C)		300		344
CaixaBank
1.250%, 01/11/2027		300		318
CaixaBank MTN
5.000%, EUR003M + 1.650%, 07/19/2029 (C)		200		229


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Cepsa Finance MTN
4.125%, 04/11/2031	EUR	600	$	651
Spain Government Bond
6.000%, 01/31/2029		242		295
4.700%, 07/30/2041(A)		576		690
3.500%, 01/31/2041(A)		420		436
3.450%, 10/31/2034(A)		1,648		1,799
3.450%, 07/30/2043(A)		380		386
2.700%, 01/31/2030		2,392		2,587
2.500%, 05/31/2027		513		558
2.350%, 07/30/2033(A)		201		205
1.950%, 07/30/2030(A)		319		332
1.900%, 10/31/2052(A)		653		456
1.850%, 07/30/2035(A)		504		473
1.400%, 04/30/2028(A)		1,322		1,390
0.600%, 10/31/2029(A)		447		441
0.500%, 04/30/2030(A)		353		342
				12,645

Supra-National — 2.3%
Asian Development Bank MTN
2.350%, 06/21/2027	JPY	350,000		2,420
European Investment Bank
1.900%, 01/26/2026		50,000		338
European Union Bill
0.000%, 05/09/2025(D)(E)	EUR	4,000		4,310
International Bank for Reconstruction & Development
4.625%, 01/15/2032	$	639		654
International Development Association
4.500%, 02/12/2035(A)		345		348
				8,070

Sweden — 1.0%
Sweden Government Bond
1.750%, 11/11/2033	SEK	2,375		222
0.750%, 11/12/2029		30,250		2,802
Sweden Inflation Linked Bond
0.125%, 12/01/2027		2,615		436
				3,460

Switzerland — 1.5%
Government of Switzerland
3.500%, 04/08/2033	CHF	1,664		2,334
1.500%, 04/30/2042		316		402
Swisscom Finance BV MTN
3.625%, 11/29/2036	EUR	205		218
3.500%, 11/29/2031		460		503
Tyco Electronics Group
3.250%, 01/31/2033		247		262
UBS Group
9.250%, H15T5Y + 4.745% (A)(C)(F)	$	237		257
7.750%, EUAMDB01 + 4.950%, 03/01/2029 (C)	EUR	995		1,210

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
UBS Group MTN
4.625%, EUAMDB01 + 1.150%, 03/17/2028 (C)	EUR	265	$	295
				5,481

Thailand — 0.4%
Thailand Government Bond
4.675%, 06/29/2044	THB	2,840		111
2.400%, 11/17/2027		19,022		569
1.875%, 06/17/2049		8,576		219
1.000%, 06/17/2027		19,200		556
				1,455

United Kingdom — 5.2%
Barclays (F)
9.250%, BPSWS5 + 5.639% (C)	GBP	350		479
8.875%, GUKG5 + 6.955% (C)		210		282
Barclays MTN
5.262%, EUSA1 + 2.550%, 01/29/2034 (C)	EUR	250		291
Cadent Finance MTN
3.750%, 04/16/2033		390		415
0.750%, 03/11/2032		355		317
Centrica
6.500%, GUKG5 + 2.512%, 05/21/2055 (C)	GBP	350		455
Centrica MTN
4.375%, 03/13/2029		179		225
DS Smith MTN
4.500%, 07/27/2030	EUR	440		501
HSBC Holdings
6.364%, EUSA5 + 3.300%, 11/16/2032 (C)		249		288
Motability Operations Group MTN
4.250%, 06/17/2035		160		177
3.875%, 01/24/2034		220		237
National Grid MTN
4.275%, 01/16/2035		370		407
United Kingdom Gilt
4.500%, 09/07/2034	GBP	327		418
4.500%, 12/07/2042		20		24
4.375%, 07/31/2054		2,407		2,687
4.250%, 06/07/2032		338		433
4.250%, 07/31/2034		611		766
4.250%, 12/07/2049		393		437
4.125%, 07/22/2029		3,006		3,867
4.000%, 10/22/2063		921		949
3.750%, 03/07/2027		1,084		1,387
3.500%, 01/22/2045		982		1,002
1.250%, 07/31/2051		3,049		1,720
0.500%, 01/31/2029		263		298
United Kingdom Inflation-Linked Gilt
0.750%, 11/22/2033		462		611
				18,673


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
United States — 5.2%
American Tower
1.300%, 09/15/2025	$	535	$	527
Amgen
5.150%, 03/02/2028		205		209
Aptiv Swiss Holdings
4.250%, 06/11/2036	EUR	291		308
AT&T
1.650%, 02/01/2028	$	870		805
Bank of America MTN
3.384%, SOFRRATE + 1.330%, 04/02/2026 (C)		700		700
Becton Dickinson
3.828%, 06/07/2032	EUR	291		318
CCO Holdings
4.500%, 06/01/2033(A)	$	127		108
Charter Communications Operating
6.100%, 06/01/2029		111		115
4.800%, 03/01/2050		1,130		852
Citadel Finance
5.900%, 02/10/2030(A)		1,000		996
Citigroup
4.000%, H15T5Y + 3.597% (C)(F)		71		70
Columbia Pipelines Holding
6.055%, 08/15/2026(A)		120		122
Comcast
0.000%, 09/14/2026(G)	EUR	450		468
Corebridge Financial
3.500%, 04/04/2025	$	330		330
Diamondback Energy
5.200%, 04/18/2027		470		476
Energy Transfer
5.200%, 04/01/2030		55		56
First Citizens BancShares
6.254%, H15T5Y + 1.970%, 03/12/2040 (C)		400		392
Ford Motor Credit
6.125%, 05/15/2028	EUR	205		237
Foundry JV Holdco
6.100%, 01/25/2036(A)	$	610		624
Global Payments
4.875%, 03/17/2031	EUR	359		405
Hewlett Packard Enterprise
4.850%, 10/15/2031	$	237		235
Huntington Bancshares
6.141%, H15T5Y + 1.700%, 11/18/2039 (C)		200		201
Intel
5.600%, 02/21/2054		406		369
4.875%, 02/10/2026		250		250
3.200%, 08/12/2061		387		219

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
JPMorgan Chase
6.070%, SOFRRATE + 1.330%, 10/22/2027 (C)	$	230	$	235
Kroger
5.650%, 09/15/2064		222		210
Kyndryl Holdings
2.050%, 10/15/2026		455		437
Mars (A)
5.700%, 05/01/2055		120		120
5.650%, 05/01/2045		190		190
5.000%, 03/01/2032		260		261
Medtronic
4.150%, 10/15/2043	EUR	428		459
4.150%, 10/15/2053		244		256
Medtronic Global Holdings SCA
1.125%, 03/07/2027		400		421
Metropolitan Life Global Funding I
3.257%, 04/01/2025	CAD	800		556
Morgan Stanley
4.813%, EUR003M + 1.762%, 10/25/2028 (C)	EUR	435		492
3.790%, EUR003M + 1.037%, 03/21/2030 (C)		136		150
0.406%, 10/29/2027(C)		370		385
MSD Netherlands Capital BV
3.750%, 05/30/2054		250		247
3.500%, 05/30/2037		190		200
New York Life Global Funding MTN
5.000%, 06/06/2029(A)	$	369		377
ONEOK
4.250%, 09/24/2027		600		595
Pfizer Investment Enterprises Pte
4.450%, 05/19/2026		340		341
Principal Life Global Funding II
1.250%, 06/23/2025(A)		315		312
Reinsurance Group of America
6.650%, H15T5Y + 2.392%, 09/15/2055 (C)		240		236
Royalty Pharma
5.900%, 09/02/2054		410		392
Santander Holdings USA
6.174%, SOFRRATE + 2.500%, 01/09/2030 (C)		199		204
Southern
5.500%, 03/15/2029		320		330
State Street
5.272%, 08/03/2026		225		228
Thermo Fisher Scientific Finance I BV
0.000%, 11/18/2025(G)	EUR	206		219


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Veralto
5.500%, 09/18/2026	$	335	$	339
Verizon Communications
2.100%, 03/22/2028		445		416
Wells Fargo
3.900%, H15T5Y + 3.453% (C)(F)		91		89
WP Carey
3.700%, 11/19/2034	EUR	218		224
Zions Bancorp
6.816%, SOFRRATE + 2.830%, 11/19/2035 (C)	$	250		255
				18,568

Total Global Bonds
(Cost $355,940) ($ Thousands)				336,581



U.S. TREASURY OBLIGATIONS — 2.3%
U.S. Treasury Bill
4.236%, 06/26/2025 (E)		7,447		7,372
U.S. Treasury Inflation Indexed Bond
1.750%, 01/15/2034		639		659
U.S. Treasury Note
4.500%, 02/15/2036		150		155
2.000%, 08/15/2051		350		208

Total U.S. Treasury Obligations
(Cost $8,388) ($ Thousands)				8,394



MORTGAGE-BACKED SECURITIES — 0.0%
Non-Agency Mortgage-Backed Obligations — 0.0%
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A
7.315%, 09/25/2034(C)		5		5
JP Morgan Mortgage Trust, Ser 2004-A5, Cl 3A1
4.931%, 12/25/2034(C)		12		11


Total Mortgage-Backed Securities
(Cost $17) ($ Thousands)				16


Total Investments in Securities — 96.5%
(Cost $364,345) ($ Thousands)			$	344,991

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

A list of the open futures contracts held by the Fund at March 31, 2025, is as follows:

Type of Contract	Number of Contracts		Expiration Date		Notional Amount (Thousands)			Value (Thousands)			Unrealized Appreciation (Depreciation)(Thousands)
Long Contracts
Australian 10-Year Bond		26		Jun-2025	$	1,833		$	1,825		$	5
Canadian 10-Year Bond		62		Jun-2025		5,343			5,348			41
Euro-Bobl		10		Jun-2025		1,274			1,272			3
Euro-Bobl		28		Jun-2025		3,501			3,562			(30	)
Euro-BTP		44		Jun-2025		5,564			5,587			(30	)
Euro-Bund 10-Year Bond		17		Jun-2025		2,364			2,367			13
Euro-OAT		17		Jun-2025		2,247			2,253			(15	)
Japanese 10-Year Bond		3		Jun-2025		2,806			2,776			9
Korea 10-Year Bond		39		Jun-2025		3,197			3,160			4
Korea 3-Year Bond		70		Jun-2025		5,152			5,085			(1	)
Long Gilt 10-Year Bond		2		Jun-2025		236			237			2
Long Gilt 10-Year Bond		27		Jun-2025		3,152			3,196			(29	)
U.S. 10-Year Treasury Note		38		Jun-2025		4,213			4,226			13
U.S. Long Treasury Bond		3		Jun-2025		352			352			–
						41,234			41,246			(15	)
Short Contracts
3 Month Euribor		(50)		Dec-2025	$	(13,180	)	$	(13,238	)	$	(11	)
Australian 3-Year Bond		(81)		Jun-2025		(5,422	)		(5,376	)		(14	)
Canadian 10-Year Bond		(17)		Jun-2025		(1,468	)		(1,467	)		–
Euro-Buxl		(1)		Jun-2025		(128	)		(129	)		(1	)
Euro-Buxl		(46)		Jun-2025		(6,074	)		(5,926	)		274
Euro-OAT		(30)		Jun-2025		(3,965	)		(3,976	)		3
Euro-Schatz		(11)		Jun-2025		(1,234	)		(1,270	)		1
Euro-Schatz		(109)		Jun-2025		(12,589	)		(12,593	)		(31	)
Japanese 10-Year Bond		(4)		Jun-2025		(3,745	)		(3,702	)		(17	)
Japanese 10-Year Government Bond E-MINI		(7)		Jun-2025		(655	)		(648	)		(2	)
U.S. 2-Year Treasury Note		(40)		Jun-2025		(8,267	)		(8,287	)		(20	)
U.S. 5-Year Treasury Note		(23)		Jun-2025		(2,486	)		(2,488	)		(2	)
U.S. 10-Year Treasury Note		(8)		Jun-2025		(885	)		(889	)		(4	)
U.S. Long Treasury Bond		(25)		Jun-2025		(2,938	)		(2,932	)		6
U.S. Ultra Long Treasury Bond		(42)		Jun-2025		(5,175	)		(5,134	)		41
Ultra 10-Year U.S. Treasury Note		(104)		Jun-2025		(11,840	)		(11,870	)		(30	)
						(80,051	)		(79,925	)		193
					$	(38,817	)	$	(38,679	)	$	178

SEI Institutional International Trust

A list of the open forward foreign currency contracts held by the Fund at March 31, 2025, is as follows:

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Banco Bilbao Vizcaya Argentaria		04/07/25		COP	2,113,288		USD	479	$	(24	)
Bank of America		04/02/25		USD	20		CZK	460		—
Bank of America		04/02/25		USD	27		PLN	105		—
Bank of America		04/02/25		USD	14		MXN	300		—
Bank of America		04/02/25		USD	46		MXN	930		(1	)
Bank of America		04/02/25		CAD	75		USD	52		—
Bank of America		04/02/25		CHF	90		USD	102		1
Bank of America		04/02/25		USD	96		NOK	1,065		5
Bank of America		04/02/25		USD	101		SEK	1,020		—
Bank of America		04/02/25		USD	51		CHF	45		—
Bank of America		04/02/25		USD	51		CHF	45		—
Bank of America		04/02/25		USD	176		CAD	253		(1	)
Bank of America		04/02/25		USD	157		EUR	150		5
Bank of America		04/02/25		USD	100		EUR	92		—
Bank of America		04/02/25		EUR	325		USD	334		(17	)
Bank of America		04/02/25		SEK	1,070		USD	105		(2	)
Bank of America		04/02/25		NOK	9,970		USD	896		(51	)
Bank of America		04/07/25		USD	40		TRY	1,539		—
Bank of America		04/07/25		USD	323		COP	1,324,984		(7	)
Bank of America		04/07/25		USD	1,104		MXN	22,635		1
Bank of America		04/07/25		EUR	1,180		JPY	189,652		(6	)
Bank of America		04/07/25		USD	1,956		EUR	1,860		53
Bank of America		04/07/25		USD	2,010		CNH	14,545		(7	)
Bank of America		04/07/25		JPY	188,549		USD	1,270		8
Bank of America		04/07/25		COP	1,323,520		USD	320		5
Bank of America		05/07/25		USD	51		JPY	7,600		—
Bank of America		05/07/25		USD	51		CHF	45		—
Bank of America		05/07/25		USD	86		MXN	1,800		1
Bank of America		05/07/25		CHF	90		USD	103		—
Bank of America		05/07/25		EUR	93		USD	101		—
Bank of America		05/07/25		THB	680		USD	20		—
Bank of America		05/07/25		MXN	900		USD	45		1
Bank of America		06/04/25		MXN	900		USD	44		1
Bank of Nova Scotia		04/07/25		MXN	1,250		USD	60		(1	)
Barclays PLC		04/02/25		USD	13		THB	430		—
Barclays PLC		04/02/25		USD	21		HUF	7,600		—
Barclays PLC		04/02/25		USD	45		SGD	60		—
Barclays PLC		04/02/25		GBP	78		USD	101		—
Barclays PLC		04/02/25		USD	46		RON	220		1
Barclays PLC		04/02/25		USD	34		RON	155		—
Barclays PLC		04/02/25		USD	100		NOK	1,130		7
Barclays PLC		04/02/25		RON	125		USD	27		—
Barclays PLC		04/02/25		USD	170		MXN	3,505		2
Barclays PLC		04/02/25		USD	20		MXN	400		—
Barclays PLC		04/02/25		USD	201		SEK	2,020		—
Barclays PLC		04/02/25		CHF	220		USD	251		2
Barclays PLC		04/02/25		AUD	325		USD	205		2

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Barclays PLC		04/02/25		CAD	268		USD	186	$	—
Barclays PLC		04/02/25		CAD	75		USD	52		—
Barclays PLC		04/02/25		USD	363		CAD	520		(1	)
Barclays PLC		04/02/25		USD	259		CHF	230		1
Barclays PLC		04/02/25		USD	255		CHF	225		(1	)
Barclays PLC		04/02/25		USD	101		GBP	78		—
Barclays PLC		04/02/25		USD	526		GBP	406		(2	)
Barclays PLC		04/02/25		USD	233		JPY	35,000		1
Barclays PLC		04/02/25		USD	797		JPY	117,950		(8	)
Barclays PLC		04/02/25		NZD	849		USD	486		6
Barclays PLC		04/02/25		NZD	270		USD	152		(1	)
Barclays PLC		04/02/25		USD	1,288		AUD	2,044		(14	)
Barclays PLC		04/02/25		EUR	506		USD	551		4
Barclays PLC		04/02/25		EUR	860		USD	903		(26	)
Barclays PLC		04/02/25		USD	1,275		NZD	2,255		2
Barclays PLC		04/02/25		USD	200		NZD	350		(2	)
Barclays PLC		04/02/25		USD	1,811		EUR	1,736		65
Barclays PLC		04/02/25		USD	180		EUR	165		(1	)
Barclays PLC		04/02/25		PLN	2,190		USD	555		(10	)
Barclays PLC		04/02/25		CNY	3,070		USD	425		2
Barclays PLC		04/02/25		MXN	3,955		USD	195		2
Barclays PLC		04/02/25		CZK	460		USD	20		—
Barclays PLC		04/02/25		CZK	10,600		USD	447		(11	)
Barclays PLC		04/02/25		SEK	34,190		USD	3,251		(153	)
Barclays PLC		04/02/25		THB	2,160		USD	64		—
Barclays PLC		04/02/25		THB	55,390		USD	1,627		(5	)
Barclays PLC		04/02/25		HUF	86,600		USD	225		(7	)
Barclays PLC		04/02/25		JPY	91,100		USD	616		7
Barclays PLC		04/07/25		USD	651		EUR	600		(2	)
Barclays PLC		04/07/25		GBP	1,061		EUR	1,260		(8	)
Barclays PLC		04/07/25		USD	540		COP	2,301,378		9
Barclays PLC		04/07/25		USD	609		COP	2,522,943		(8	)
Barclays PLC		04/07/25		USD	1,358		MXN	27,684		(6	)
Barclays PLC		04/07/25		USD	1,396		CNY	10,000		(14	)
Barclays PLC		04/07/25		USD	1,402		GBP	1,096		12
Barclays PLC		04/07/25		GBP	1,559		USD	1,894		(118	)
Barclays PLC		04/07/25		CAD	3,667		USD	2,570		21
Barclays PLC		04/07/25		TRY	12,860		USD	340		4
Barclays PLC		04/07/25		TRY	13,220		USD	340		(5	)
Barclays PLC		04/07/25		COP	11,665,581		USD	2,782		2
Barclays PLC		04/07/25		COP	10,094,665		USD	2,319		(87	)
Barclays PLC		04/08/25		USD	40		THB	1,345		—
Barclays PLC		05/07/25		SGD	25		USD	19		—
Barclays PLC		05/07/25		USD	48		CHF	42		—
Barclays PLC		05/07/25		EUR	52		USD	57		1
Barclays PLC		05/07/25		USD	54		RON	250		—
Barclays PLC		05/07/25		USD	58		MXN	1,200		—
Barclays PLC		05/07/25		USD	61		THB	2,060		—
Barclays PLC		05/07/25		CAD	268		USD	187		—
Barclays PLC		05/07/25		CHF	380		USD	433		1

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Barclays PLC		05/07/25		MXN	500		USD	25	$	—
Barclays PLC		05/07/25		USD	540		NZD	941		(7	)
Barclays PLC		05/07/25		USD	834		EUR	801		32
Barclays PLC		05/07/25		USD	1,095		JPY	164,632		11
Barclays PLC		05/07/25		USD	1,625		AUD	2,579		(18	)
Barclays PLC		05/07/25		THB	1,820		USD	54		—
Barclays PLC		05/07/25		PLN	105		USD	27		—
Barclays PLC		05/07/25		PLN	1,725		USD	443		(1	)
Barclays PLC		05/07/25		JPY	30,400		USD	203		(1	)
Barclays PLC		05/07/25		SEK	34,970		USD	3,484		(6	)
Barclays PLC		05/07/25		CNY	63,983		USD	8,884		(30	)
Barclays PLC		05/07/25		HUF	314,000		USD	843		2
Barclays PLC		06/04/25		EUR	30		USD	33		—
Barclays PLC		06/04/25		USD	158		MXN	3,280		1
Barclays PLC		06/04/25		MXN	500		USD	25		—
Barclays PLC		06/04/25		MXN	840		USD	40		(1	)
Barclays PLC		06/04/25		AUD	2,229		USD	1,405		16
Barclays PLC		06/04/25		GBP	2,239		USD	2,827		(62	)
Barclays PLC		07/09/25		USD	64		SEK	641		1
BNP Paribas		04/02/25		USD	30		CZK	700		—
BNP Paribas		04/02/25		USD	45		ZAR	813		—
BNP Paribas		04/02/25		USD	51		NZD	90		—
BNP Paribas		04/02/25		USD	51		NOK	570		3
BNP Paribas		04/02/25		PLN	75		USD	20		—
BNP Paribas		04/02/25		CHF	135		USD	153		—
BNP Paribas		04/02/25		USD	154		CHF	135		(1	)
BNP Paribas		04/02/25		GBP	160		USD	206		(1	)
BNP Paribas		04/02/25		USD	214		GBP	171		6
BNP Paribas		04/02/25		NZD	270		USD	156		3
BNP Paribas		04/02/25		USD	252		MXN	5,230		4
BNP Paribas		04/02/25		USD	178		MXN	3,584		(3	)
BNP Paribas		04/02/25		USD	309		AUD	500		3
BNP Paribas		04/02/25		USD	139		AUD	220		(2	)
BNP Paribas		04/02/25		USD	510		SEK	5,090		(3	)
BNP Paribas		04/02/25		SGD	692		USD	514		(1	)
BNP Paribas		04/02/25		USD	806		JPY	120,232		(2	)
BNP Paribas		04/02/25		USD	800		EUR	763		24
BNP Paribas		04/02/25		USD	402		EUR	370		(2	)
BNP Paribas		04/02/25		MYR	3,270		USD	729		(8	)
BNP Paribas		04/02/25		NOK	3,350		USD	308		(10	)
BNP Paribas		04/02/25		MXN	4,520		USD	220		(1	)
BNP Paribas		04/02/25		SEK	11,100		USD	1,092		(13	)
BNP Paribas		04/02/25		EUR	128		USD	139		—
BNP Paribas		04/02/25		EUR	13,658		USD	14,121		(632	)
BNP Paribas		04/02/25		JPY	30,100		USD	204		3
BNP Paribas		04/07/25		USD	610		ZAR	11,401		10
BNP Paribas		04/07/25		EUR	1,020		JPY	164,951		2
BNP Paribas		04/07/25		EUR	1,250		GBP	1,042		(6	)
BNP Paribas		04/07/25		USD	1,290		EUR	1,229		38
BNP Paribas		04/07/25		EUR	1,756		USD	1,823		(74	)

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
BNP Paribas		04/07/25		USD	2,570		AUD	4,092	$	(20	)
BNP Paribas		04/07/25		AUD	4,249		USD	2,610		(38	)
BNP Paribas		04/07/25		ZAR	61		USD	3		—
BNP Paribas		04/07/25		ZAR	15,091		USD	807		(13	)
BNP Paribas		04/07/25		JPY	187,976		EUR	1,180		17
BNP Paribas		04/07/25		JPY	517,755		USD	3,319		(146	)
BNP Paribas		04/16/25		HKD	2,535		USD	326		—
BNP Paribas		05/07/25		USD	45		AUD	70		(1	)
BNP Paribas		05/07/25		USD	53		MXN	1,100		—
BNP Paribas		05/07/25		USD	101		GBP	78		—
BNP Paribas		05/07/25		USD	103		JPY	15,200		—
BNP Paribas		05/07/25		USD	255		CHF	225		—
BNP Paribas		05/07/25		USD	315		EUR	302		12
BNP Paribas		05/07/25		EUR	93		USD	101		—
BNP Paribas		05/07/25		EUR	239		USD	250		(8	)
BNP Paribas		05/07/25		AUD	360		USD	225		1
BNP Paribas		05/07/25		SEK	500		USD	50		—
BNP Paribas		05/07/25		MXN	1,360		USD	66		—
BNP Paribas		05/07/25		JPY	535,350		USD	3,495		(99	)
BNP Paribas		06/04/25		USD	45		AUD	70		(1	)
BNP Paribas		06/04/25		USD	65		EUR	62		2
BNP Paribas		06/04/25		MYR	3,270		USD	739		(1	)
BNP Paribas		07/02/25		MYR	3,270		USD	740		(1	)
Brown Brothers Harriman		04/07/25		EUR	35		CHF	33		(1	)
Brown Brothers Harriman		04/07/25		CAD	187		USD	130		—
Brown Brothers Harriman		04/07/25		CAD	173		USD	120		—
Brown Brothers Harriman		04/07/25		CHF	1,776		EUR	1,907		51
Brown Brothers Harriman		04/07/25		USD	1,910		ZAR	35,770		34
Brown Brothers Harriman		04/07/25		EUR	2,808		JPY	448,899		(30	)
Brown Brothers Harriman		04/07/25		MXN	3,526		USD	170		(2	)
Brown Brothers Harriman		04/07/25		USD	3,722		EUR	3,595		162
Brown Brothers Harriman		04/07/25		JPY	156,947		USD	1,067		16
CIBC		04/02/25		EUR	35		USD	37		(1	)
CIBC		04/02/25		MXN	600		USD	29		—
CIBC		05/07/25		EUR	35		USD	37		(1	)
CIBC		06/04/25		USD	17		MXN	350		—
Citigroup		04/02/25		SGD	55		USD	41		—
Citigroup		04/02/25		USD	42		CZK	980		—
Citigroup		04/02/25		USD	20		CZK	460		—
Citigroup		04/02/25		USD	67		ZAR	–		—
Citigroup		04/02/25		USD	13		PLN	50		—
Citigroup		04/02/25		USD	79		PLN	305		—
Citigroup		04/02/25		USD	100		NZD	175		(1	)
Citigroup		04/02/25		USD	102		NOK	1,140		7
Citigroup		04/02/25		CAD	140		USD	98		1
Citigroup		04/02/25		USD	155		SEK	1,580		3
Citigroup		04/02/25		USD	124		AUD	200		—
Citigroup		04/02/25		USD	50		AUD	80		—
Citigroup		04/02/25		USD	45		GBP	37		3
Citigroup		04/02/25		USD	226		GBP	175		(1	)

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Citigroup		04/02/25		USD	189		MXN	3,934	$	3
Citigroup		04/02/25		USD	101		MXN	2,040		(1	)
Citigroup		04/02/25		GBP	309		USD	400		1
Citigroup		04/02/25		RON	125		USD	27		—
Citigroup		04/02/25		RON	195		USD	41		(1	)
Citigroup		04/02/25		USD	330		JPY	50,000		5
Citigroup		04/02/25		USD	51		JPY	7,500		(1	)
Citigroup		04/02/25		PLN	420		USD	109		1
Citigroup		04/02/25		USD	152		CHF	135		1
Citigroup		04/02/25		USD	306		CHF	270		(1	)
Citigroup		04/02/25		EUR	323		USD	352		3
Citigroup		04/02/25		EUR	147		USD	154		(5	)
Citigroup		04/02/25		CHF	535		USD	608		3
Citigroup		04/02/25		ILS	685		USD	192		8
Citigroup		04/02/25		USD	507		EUR	479		10
Citigroup		04/02/25		USD	195		EUR	180		—
Citigroup		04/02/25		NZD	880		USD	502		4
Citigroup		04/02/25		THB	900		USD	27		—
Citigroup		04/02/25		SEK	1,020		USD	101		—
Citigroup		04/02/25		CZK	1,090		USD	48		—
Citigroup		04/02/25		CNY	1,457		USD	201		—
Citigroup		04/02/25		DKK	1,980		USD	279		(7	)
Citigroup		04/02/25		AUD	3,339		USD	2,074		(7	)
Citigroup		04/02/25		MXN	4,705		USD	232		2
Citigroup		04/02/25		MXN	460		USD	22		—
Citigroup		04/02/25		JPY	14,900		USD	101		1
Citigroup		04/02/25		HUF	9,600		USD	26		—
Citigroup		04/02/25		HUF	185,200		USD	485		(11	)
Citigroup		04/07/25		EUR	200		JPY	31,905		(3	)
Citigroup		04/07/25		GBP	991		EUR	1,180		(4	)
Citigroup		04/07/25		EUR	1,162		USD	1,260		4
Citigroup		04/07/25		USD	540		COP	2,289,504		6
Citigroup		04/07/25		USD	5,815		COP	24,064,532		(80	)
Citigroup		04/07/25		ZAR	16,791		USD	892		(20	)
Citigroup		04/07/25		CNY	56,803		USD	7,844		(8	)
Citigroup		04/07/25		KRW	2,756,591		USD	1,882		9
Citigroup		04/07/25		COP	7,698,938		USD	1,792		(43	)
Citigroup		04/08/25		THB	45,008		USD	1,295		(32	)
Citigroup		05/07/25		USD	24		HUF	9,000		—
Citigroup		05/07/25		CHF	45		USD	51		—
Citigroup		05/07/25		SGD	50		USD	37		—
Citigroup		05/07/25		USD	51		CHF	45		—
Citigroup		05/07/25		USD	66		THB	2,210		—
Citigroup		05/07/25		USD	66		ZAR	1,220		—
Citigroup		05/07/25		GBP	78		USD	100		—
Citigroup		05/07/25		EUR	93		USD	100		—
Citigroup		05/07/25		AUD	160		USD	100		1
Citigroup		05/07/25		RON	320		USD	69		—
Citigroup		05/07/25		SEK	500		USD	50		—
Citigroup		05/07/25		ILS	525		USD	142		1

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Citigroup		05/07/25		ZAR	1,220		USD	67	$	1
Citigroup		05/07/25		DKK	1,980		USD	286		(1	)
Citigroup		05/07/25		MXN	200		USD	10		—
Citigroup		05/07/25		MXN	2,200		USD	105		(2	)
Citigroup		05/07/25		CZK	8,970		USD	388		—
Citigroup		05/07/25		CNY	34,508		USD	4,784		(24	)
Citigroup		06/04/25		AUD	30		USD	19		—
Citigroup		06/04/25		USD	80		MXN	1,670		1
Citigroup		06/04/25		MXN	200		USD	10		—
Citigroup		06/04/25		MXN	1,400		USD	67		(1	)
Citigroup		06/20/25		CNY	615		USD	87		1
Citigroup		07/02/25		JPY	914,900		USD	6,137		(45	)
Citigroup		07/09/25		USD	1,891		KRW	2,756,591		(9	)
Citigroup		07/09/25		COP	24,064,532		USD	5,739		72
Commonwealth Bank Of Australia		04/02/25		GBP	78		USD	101		—
Commonwealth Bank Of Australia		04/02/25		USD	10		EUR	10		—
Commonwealth Bank Of Australia		04/02/25		USD	101		EUR	93		—
Commonwealth Bank Of Australia		05/07/25		USD	11		EUR	10		—
Commonwealth Bank Of Australia		05/07/25		EUR	47		USD	51		—
Commonwealth Bank Of Australia		05/07/25		USD	56		NZD	100		—
Commonwealth Bank Of Australia		06/04/25		EUR	148		USD	156		(5	)
Commonwealth Bank Of Australia		07/02/25		NZD	1,243		USD	716		11
Credit Agricole		04/02/25		CHF	45		USD	51		1
Credit Agricole		04/02/25		USD	6		EUR	6		—
Credit Agricole		04/02/25		USD	152		EUR	140		(1	)
Credit Agricole		04/02/25		AUD	165		USD	104		1
Credit Agricole		05/07/25		USD	44		AUD	70		(1	)
Credit Agricole		05/07/25		USD	157		EUR	150		5
Credit Agricole		06/04/25		MXN	1,400		USD	67		(1	)
Credit Suisse First Boston		04/07/25		USD	30		COP	126,425		—
Credit Suisse First Boston		04/07/25		CNH	14,604		USD	1,991		(20	)
Credit Suisse First Boston		04/07/25		CNY	58,450		USD	8,072		(8	)
Deutsche Bank		04/02/25		USD	24		ILS	85		(1	)
Deutsche Bank		04/02/25		USD	45		MXN	904		(1	)
Deutsche Bank		04/02/25		USD	45		ZAR	840		1
Deutsche Bank		04/02/25		USD	51		SEK	550		4
Deutsche Bank		04/02/25		USD	63		CZK	1,500		2
Deutsche Bank		04/02/25		AUD	80		USD	50		—
Deutsche Bank		04/02/25		USD	101		GBP	78		—
Deutsche Bank		04/02/25		USD	51		CHF	45		—
Deutsche Bank		04/02/25		USD	51		CHF	45		—
Deutsche Bank		04/02/25		USD	103		NOK	1,140		5
Deutsche Bank		04/02/25		USD	150		AUD	237		(2	)
Deutsche Bank		04/02/25		USD	50		NZD	90		1
Deutsche Bank		04/02/25		USD	100		NZD	175		(1	)
Deutsche Bank		04/02/25		USD	153		PLN	590		(1	)
Deutsche Bank		04/02/25		USD	200		JPY	29,900		—
Deutsche Bank		04/02/25		USD	52		JPY	7,600		(1	)
Deutsche Bank		04/02/25		USD	302		EUR	278		(2	)
Deutsche Bank		04/02/25		NZD	352		USD	203		4

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Deutsche Bank		04/02/25		EUR	324		USD	352	$	2
Deutsche Bank		04/02/25		EUR	598		USD	630		(16	)
Deutsche Bank		04/02/25		JPY	29,800		USD	202		3
Deutsche Bank		04/07/25		ZAR	5,746		USD	309		(3	)
Deutsche Bank		04/07/25		USD	14,506		CNY	104,176		(106	)
Deutsche Bank		05/07/25		EUR	5		USD	5		—
Deutsche Bank		05/07/25		USD	44		MXN	904		—
Deutsche Bank		05/07/25		USD	50		GBP	39		—
Deutsche Bank		05/07/25		USD	51		JPY	7,600		—
Deutsche Bank		05/07/25		AUD	240		USD	151		1
Deutsche Bank		05/07/25		NZD	265		USD	152		1
Deutsche Bank		05/07/25		JPY	7,600		USD	51		—
Deutsche Bank		06/04/25		EUR	13,255		USD	13,984		(383	)
Deutsche Bank		07/02/25		AUD	2,239		USD	1,415		19
Deutsche Bank		07/02/25		EUR	13,205		USD	14,289		(48	)
Deutsche Bank		07/09/25		CNY	104,176		USD	14,530		(3	)
Goldman Sachs		04/02/25		USD	40		PLN	160		1
Goldman Sachs		04/02/25		USD	87		HUF	32,300		(1	)
Goldman Sachs		04/02/25		USD	102		NOK	1,090		1
Goldman Sachs		04/02/25		USD	90		MXN	1,867		1
Goldman Sachs		04/02/25		USD	26		MXN	540		—
Goldman Sachs		04/02/25		CHF	90		USD	102		—
Goldman Sachs		04/02/25		CHF	45		USD	51		—
Goldman Sachs		04/02/25		USD	50		AUD	80		—
Goldman Sachs		04/02/25		USD	149		AUD	235		(3	)
Goldman Sachs		04/02/25		USD	201		GBP	155		(1	)
Goldman Sachs		04/02/25		USD	204		NZD	360		(1	)
Goldman Sachs		04/02/25		AUD	240		USD	151		1
Goldman Sachs		04/02/25		USD	301		CHF	265		(1	)
Goldman Sachs		04/02/25		CAD	140		USD	98		1
Goldman Sachs		04/02/25		CAD	225		USD	156		—
Goldman Sachs		04/02/25		USD	408		SEK	4,140		4
Goldman Sachs		04/02/25		MXN	410		USD	20		—
Goldman Sachs		04/02/25		GBP	78		USD	101		1
Goldman Sachs		04/02/25		GBP	521		USD	644		(29	)
Goldman Sachs		04/02/25		USD	253		JPY	37,900		1
Goldman Sachs		04/02/25		USD	356		JPY	52,800		(3	)
Goldman Sachs		04/02/25		SEK	1,050		USD	101		(3	)
Goldman Sachs		04/02/25		THB	900		USD	27		—
Goldman Sachs		04/02/25		THB	460		USD	14		—
Goldman Sachs		04/02/25		EUR	573		USD	622		3
Goldman Sachs		04/02/25		EUR	969		USD	1,019		(28	)
Goldman Sachs		04/02/25		USD	1,450		EUR	1,397		59
Goldman Sachs		04/02/25		USD	944		EUR	869		(5	)
Goldman Sachs		04/02/25		JPY	112,000		USD	756		7
Goldman Sachs		04/02/25		JPY	15,300		USD	102		—
Goldman Sachs		04/07/25		USD	150		INR	13,114		3
Goldman Sachs		04/07/25		USD	1,283		TRY	49,201		1
Goldman Sachs		04/07/25		MXN	85,236		USD	4,040		(123	)
Goldman Sachs		05/07/25		USD	34		CZK	790		—

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Goldman Sachs		05/07/25		GBP	78		USD	101	$	—
Goldman Sachs		05/07/25		GBP	28		USD	36		—
Goldman Sachs		05/07/25		USD	67		MXN	1,400		1
Goldman Sachs		05/07/25		USD	39		MXN	800		—
Goldman Sachs		05/07/25		USD	140		CNY	1,014		1
Goldman Sachs		05/07/25		USD	192		CAD	276		—
Goldman Sachs		05/07/25		USD	311		JPY	47,100		5
Goldman Sachs		05/07/25		EUR	774		USD	814		(24	)
Goldman Sachs		05/07/25		USD	895		EUR	827		—
Goldman Sachs		05/07/25		MXN	990		USD	48		(1	)
Goldman Sachs		06/04/25		GBP	28		USD	36		—
Goldman Sachs		06/04/25		USD	28		MXN	590		—
Goldman Sachs		06/04/25		USD	39		MXN	800		—
Goldman Sachs		06/04/25		USD	148		JPY	22,000		—
Goldman Sachs		06/04/25		USD	192		CAD	276		—
Goldman Sachs		06/04/25		MXN	300		USD	15		—
Goldman Sachs		06/04/25		USD	245		EUR	234		9
Goldman Sachs		06/04/25		USD	896		EUR	827		—
Goldman Sachs		06/18/25		USD	340		HKD	2,635		(1	)
Goldman Sachs		06/20/25		USD	88		CNY	615		(3	)
Goldman Sachs		07/02/25		USD	149		JPY	22,000		—
Goldman Sachs		07/02/25		USD	193		CAD	276		—
Goldman Sachs		07/02/25		MXN	300		USD	14		—
Goldman Sachs		07/02/25		USD	898		EUR	827		—
HSBC		04/07/25		AUD	64		USD	40		—
HSBC		04/07/25		EUR	286		USD	300		(9	)
HSBC		04/07/25		USD	682		INR	59,614		15
HSBC		04/07/25		USD	1,336		KRW	1,938,198		(19	)
HSBC		04/07/25		USD	1,802		EUR	1,650		(19	)
HSBC		04/07/25		ZAR	11,094		USD	601		(2	)
HSBC		04/08/25		THB	22,572		USD	671		6
HSBC		07/09/25		GBP	1,575		USD	2,032		—
JPMorgan Chase Bank		04/02/25		USD	22		PLN	85		—
JPMorgan Chase Bank		04/02/25		CHF	45		USD	51		1
JPMorgan Chase Bank		04/02/25		USD	51		CHF	45		(1	)
JPMorgan Chase Bank		04/02/25		USD	76		EUR	70		(1	)
JPMorgan Chase Bank		04/02/25		GBP	77		USD	100		1
JPMorgan Chase Bank		04/02/25		USD	89		GBP	71		3
JPMorgan Chase Bank		04/02/25		NZD	90		USD	51		—
JPMorgan Chase Bank		04/02/25		USD	44		MXN	910		—
JPMorgan Chase Bank		04/02/25		USD	73		MXN	1,490		(1	)
JPMorgan Chase Bank		04/02/25		RON	160		USD	34		(1	)
JPMorgan Chase Bank		04/02/25		USD	125		JPY	18,700		—
JPMorgan Chase Bank		04/02/25		USD	51		JPY	7,550		—
JPMorgan Chase Bank		04/02/25		AUD	190		USD	120		2
JPMorgan Chase Bank		04/02/25		PLN	105		USD	27		—
JPMorgan Chase Bank		04/02/25		PLN	155		USD	40		—
JPMorgan Chase Bank		04/02/25		USD	168		AUD	270		—
JPMorgan Chase Bank		04/02/25		USD	151		AUD	240		(2	)
JPMorgan Chase Bank		04/02/25		USD	103		CNY	747		—

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
JPMorgan Chase Bank		04/02/25		USD	424		CNY	3,070	$	—
JPMorgan Chase Bank		04/02/25		SEK	550		USD	52		(3	)
JPMorgan Chase Bank		04/02/25		CZK	920		USD	40		—
JPMorgan Chase Bank		04/02/25		EUR	1,016		USD	1,052		(45	)
JPMorgan Chase Bank		04/02/25		MXN	1,420		USD	69		—
JPMorgan Chase Bank		04/09/25		USD	4,361		NZD	7,638		(35	)
JPMorgan Chase Bank		04/09/25		NZD	384		USD	219		1
JPMorgan Chase Bank		04/09/25		NZD	7,254		USD	4,093		(15	)
JPMorgan Chase Bank		04/10/25		PEN	3,572		USD	955		(20	)
JPMorgan Chase Bank		04/14/25		USD	2,777		SEK	30,604		272
JPMorgan Chase Bank		04/15/25		USD	985		JPY	149,203		14
JPMorgan Chase Bank		04/15/25		JPY	1,728,245		USD	11,176		(399	)
JPMorgan Chase Bank		04/16/25		CAD	3,694		USD	2,586		18
JPMorgan Chase Bank		04/16/25		CAD	2,618		USD	1,806		(14	)
JPMorgan Chase Bank		04/17/25		HKD	2,530		USD	326		—
JPMorgan Chase Bank		04/21/25		USD	1,803		COP	7,676,041		24
JPMorgan Chase Bank		04/21/25		USD	80		COP	333,774		—
JPMorgan Chase Bank		04/21/25		COP	421,647		USD	101		—
JPMorgan Chase Bank		04/21/25		COP	9,831,736		USD	2,238		(102	)
JPMorgan Chase Bank		04/28/25		USD	1,925		MXN	40,115		29
JPMorgan Chase Bank		04/28/25		USD	29		MXN	590		—
JPMorgan Chase Bank		04/28/25		EUR	8,298		USD	8,596		(379	)
JPMorgan Chase Bank		04/28/25		MXN	100,716		USD	4,787		(119	)
JPMorgan Chase Bank		05/07/25		USD	7		GBP	6		—
JPMorgan Chase Bank		05/07/25		USD	10		MXN	200		—
JPMorgan Chase Bank		05/07/25		USD	11		CAD	16		—
JPMorgan Chase Bank		05/07/25		USD	40		CZK	930		—
JPMorgan Chase Bank		05/07/25		USD	67		PLN	260		—
JPMorgan Chase Bank		05/07/25		USD	74		JPY	11,000		—
JPMorgan Chase Bank		05/07/25		PLN	75		USD	19		—
JPMorgan Chase Bank		05/07/25		EUR	83		USD	87		(3	)
JPMorgan Chase Bank		05/07/25		USD	87		IDR	1,441,486		(1	)
JPMorgan Chase Bank		05/07/25		RON	160		USD	35		—
JPMorgan Chase Bank		05/07/25		AUD	190		USD	120		2
JPMorgan Chase Bank		05/07/25		USD	68		AUD	110		—
JPMorgan Chase Bank		05/07/25		USD	258		AUD	410		(2	)
JPMorgan Chase Bank		05/07/25		USD	425		CNY	3,070		3
JPMorgan Chase Bank		05/07/25		CZK	640		USD	28		—
JPMorgan Chase Bank		05/07/25		SGD	687		USD	514		2
JPMorgan Chase Bank		05/07/25		MXN	1,100		USD	54		—
JPMorgan Chase Bank		05/07/25		MXN	420		USD	20		—
JPMorgan Chase Bank		05/07/25		USD	1,816		EUR	1,735		61
JPMorgan Chase Bank		05/07/25		USD	26		EUR	24		—
JPMorgan Chase Bank		05/07/25		SEK	2,421		USD	238		(3	)
JPMorgan Chase Bank		05/07/25		USD	3,162		SEK	34,553		286
JPMorgan Chase Bank		05/07/25		THB	59,160		USD	1,744		(5	)
JPMorgan Chase Bank		05/07/25		IDR	108,820,786		USD	6,665		142
JPMorgan Chase Bank		05/12/25		USD	65		AUD	103		—
JPMorgan Chase Bank		05/12/25		AUD	4,835		USD	3,020		6
JPMorgan Chase Bank		05/13/25		USD	3,370		NOK	38,430		279

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
JPMorgan Chase Bank		05/13/25		USD	269		NOK	2,823	$	(1	)
JPMorgan Chase Bank		05/13/25		NOK	4,220		USD	378		(22	)
JPMorgan Chase Bank		05/14/25		CNY	3,343		USD	460		(6	)
JPMorgan Chase Bank		05/14/25		PLN	11,952		USD	2,919		(158	)
JPMorgan Chase Bank		05/19/25		ILS	7,883		USD	2,222		103
JPMorgan Chase Bank		05/19/25		THB	81,131		USD	2,420		20
JPMorgan Chase Bank		05/21/25		EUR	7,960		USD	8,265		(356	)
JPMorgan Chase Bank		05/22/25		USD	88		CNY	613		(2	)
JPMorgan Chase Bank		05/22/25		USD	270		CAD	387		(1	)
JPMorgan Chase Bank		05/22/25		CNY	613		USD	87		1
JPMorgan Chase Bank		05/27/25		USD	3,934		KRW	5,652,684		(87	)
JPMorgan Chase Bank		05/27/25		NZD	6,780		USD	3,891		48
JPMorgan Chase Bank		05/27/25		HUF	10,462		USD	27		(1	)
JPMorgan Chase Bank		05/29/25		CNY	51,176		USD	7,085		(47	)
JPMorgan Chase Bank		06/02/25		CZK	57,585		USD	2,402		(92	)
JPMorgan Chase Bank		06/03/25		USD	2,523		GBP	1,997		53
JPMorgan Chase Bank		06/04/25		USD	11		CAD	16		—
JPMorgan Chase Bank		06/04/25		USD	30		MXN	620		—
JPMorgan Chase Bank		06/04/25		USD	68		AUD	110		—
JPMorgan Chase Bank		06/04/25		USD	74		JPY	11,000		—
JPMorgan Chase Bank		06/04/25		EUR	83		USD	87		(3	)
JPMorgan Chase Bank		06/04/25		USD	256		EUR	238		2
JPMorgan Chase Bank		06/04/25		USD	26		EUR	24		—
JPMorgan Chase Bank		06/04/25		MXN	1,100		USD	54		—
JPMorgan Chase Bank		06/04/25		CHF	4,405		USD	4,969		(50	)
JPMorgan Chase Bank		06/04/25		SGD	7,733		USD	5,798		24
JPMorgan Chase Bank		06/04/25		THB	76,464		USD	2,284		19
JPMorgan Chase Bank		06/12/25		USD	194		EUR	179		—
JPMorgan Chase Bank		06/12/25		USD	241		EUR	220		(2	)
JPMorgan Chase Bank		06/12/25		EUR	7,501		USD	8,081		(54	)
JPMorgan Chase Bank		06/18/25		NZD	7,017		USD	4,005		25
JPMorgan Chase Bank		06/23/25		USD	3,021		SEK	30,603		42
JPMorgan Chase Bank		07/08/25		NZD	7,638		USD	4,371		37
Midland Walwyn Capital Inc.		04/02/25		USD	34		RON	155		—
Midland Walwyn Capital Inc.		04/02/25		USD	50		CHF	45		1
Midland Walwyn Capital Inc.		04/02/25		USD	20		JPY	3,000		—
Midland Walwyn Capital Inc.		04/02/25		USD	102		JPY	15,200		—
Midland Walwyn Capital Inc.		04/02/25		MXN	200		USD	10		—
Midland Walwyn Capital Inc.		04/02/25		RON	280		USD	59		(2	)
Midland Walwyn Capital Inc.		04/02/25		NZD	973		USD	547		(4	)
Midland Walwyn Capital Inc.		04/02/25		GBP	1,810		USD	2,247		(89	)
Midland Walwyn Capital Inc.		05/07/25		USD	20		JPY	3,000		—
Midland Walwyn Capital Inc.		05/07/25		USD	14		JPY	2,000		—
Midland Walwyn Capital Inc.		05/07/25		USD	53		MXN	1,100		—
Midland Walwyn Capital Inc.		05/07/25		RON	125		USD	27		—
Midland Walwyn Capital Inc.		05/07/25		NZD	930		USD	526		(1	)
Midland Walwyn Capital Inc.		05/07/25		GBP	2,071		USD	2,570		(102	)
Midland Walwyn Capital Inc.		05/07/25		MYR	3,350		USD	766		9
Midland Walwyn Capital Inc.		05/07/25		EUR	14,144		USD	14,789		(518	)
Midland Walwyn Capital Inc.		05/07/25		MXN	200		USD	10		—

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Midland Walwyn Capital Inc.		05/07/25		MXN	21,570		USD	1,030	$	(19	)
Midland Walwyn Capital Inc.		05/07/25		CNY	34,508		USD	4,775		(33	)
Midland Walwyn Capital Inc.		05/07/25		JPY	1,015,200		USD	6,615		(202	)
Midland Walwyn Capital Inc.		06/04/25		USD	20		JPY	3,000		—
Midland Walwyn Capital Inc.		06/04/25		EUR	52		USD	57		1
Midland Walwyn Capital Inc.		06/04/25		USD	84		MYR	370		—
Midland Walwyn Capital Inc.		06/04/25		MXN	510		USD	25		—
Midland Walwyn Capital Inc.		06/04/25		MXN	550		USD	27		—
Midland Walwyn Capital Inc.		07/02/25		GBP	2,257		USD	2,914		1
Midland Walwyn Capital Inc.		07/02/25		MXN	14,380		USD	705		10
Morgan Stanley		04/02/25		AUD	30		USD	19		—
Morgan Stanley		04/02/25		GBP	69		USD	88		(1	)
Morgan Stanley		04/02/25		CAD	75		USD	52		—
Morgan Stanley		04/02/25		CHF	90		USD	101		—
Morgan Stanley		04/02/25		USD	101		CHF	90		—
Morgan Stanley		04/02/25		USD	209		EUR	200		7
Morgan Stanley		04/02/25		USD	71		MXN	1,467		1
Morgan Stanley		04/02/25		USD	161		MXN	3,264		(1	)
Morgan Stanley		04/02/25		USD	252		NZD	440		(3	)
Morgan Stanley		04/02/25		USD	302		JPY	44,700		(3	)
Morgan Stanley		04/02/25		USD	412		SEK	4,210		7
Morgan Stanley		04/02/25		EUR	718		USD	743		(33	)
Morgan Stanley		04/02/25		ZAR	1,220		USD	67		1
Morgan Stanley		04/02/25		NZD	1,370		USD	783		8
Morgan Stanley		04/02/25		JPY	4,300		USD	29		—
Morgan Stanley		04/02/25		MXN	2,830		USD	139		1
Morgan Stanley		04/02/25		MXN	2,880		USD	140		(1	)
Morgan Stanley		04/02/25		HUF	41,900		USD	114		1
Morgan Stanley		04/07/25		USD	55		ZAR	992		(1	)
Morgan Stanley		04/07/25		USD	150		GBP	116		—
Morgan Stanley		04/07/25		EUR	250		USD	273		3
Morgan Stanley		04/07/25		EUR	125		USD	130		(5	)
Morgan Stanley		04/07/25		USD	700		EUR	642		(6	)
Morgan Stanley		04/07/25		AUD	4,236		USD	2,606		(34	)
Morgan Stanley		04/07/25		JPY	5,907		USD	40		—
Morgan Stanley		04/07/25		JPY	18,161		USD	120		(2	)
Morgan Stanley		04/07/25		JPY	18,856		EUR	120		3
Morgan Stanley		04/07/25		JPY	21,020		EUR	130		—
Morgan Stanley		04/14/25		JPY	323,700		USD	2,070		(98	)
Morgan Stanley		05/07/25		USD	51		JPY	7,600		—
Morgan Stanley		05/07/25		USD	95		MXN	1,980		1
Morgan Stanley		05/07/25		USD	209		EUR	200		7
Morgan Stanley		05/07/25		EUR	325		USD	335		(17	)
Morgan Stanley		05/07/25		CZK	460		USD	20		—
Morgan Stanley		05/07/25		NZD	470		USD	270		4
Morgan Stanley		05/07/25		USD	526		GBP	407		—
Morgan Stanley		05/07/25		MXN	1,600		USD	77		(1	)
Morgan Stanley		05/07/25		JPY	4,300		USD	29		—
Morgan Stanley		05/12/25		HKD	4,185		USD	540		1
Morgan Stanley		05/12/25		JPY	625,000		USD	4,159		(40	)

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Morgan Stanley		06/04/25		USD	13		MXN	280	$	—
Morgan Stanley		06/04/25		MXN	470		USD	23		—
Morgan Stanley		06/04/25		JPY	4,300		USD	29		—
Morgan Stanley		07/02/25		MXN	1,100		USD	54		—
National Bank of Australia		04/02/25		USD	56		NZD	100		1
National Bank of Australia		05/07/25		USD	649		JPY	99,000		16
National Bank of Australia		06/04/25		USD	44		AUD	70		(1	)
NatWest Markets, Inc.		04/07/25		USD	10		NOK	112		1
NatWest Markets, Inc.		04/07/25		EUR	1,450		USD	1,499		(68	)
NatWest Markets, Inc.		04/07/25		USD	2,028		ZAR	39,064		95
NatWest Markets, Inc.		04/07/25		USD	2,568		AUD	4,177		35
NatWest Markets, Inc.		04/07/25		USD	19		AUD	31		—
NatWest Markets, Inc.		04/07/25		JPY	13,806		USD	90		(2	)
Nomura Securities		04/07/25		ZAR	38,444		USD	2,053		(36	)
Nomura Securities		04/07/25		EUR	67,885		USD	70,897		(2,459	)
RBC		04/02/25		USD	52		CAD	75		—
RBC		04/02/25		GBP	120		USD	153		(2	)
RBC		04/02/25		USD	153		NOK	1,710		9
RBC		04/02/25		CHF	180		USD	205		1
RBC		04/02/25		NZD	263		USD	150		1
RBC		04/02/25		USD	56		NZD	100		—
RBC		04/02/25		USD	252		NZD	435		(6	)
RBC		04/02/25		USD	351		AUD	558		(4	)
RBC		04/02/25		USD	205		GBP	160		2
RBC		04/02/25		USD	151		GBP	117		—
RBC		04/02/25		EUR	231		USD	250		1
RBC		04/02/25		EUR	158		USD	165		(6	)
RBC		04/02/25		USD	101		CHF	90		1
RBC		04/02/25		USD	301		CHF	265		(1	)
RBC		04/02/25		AUD	400		USD	252		3
RBC		04/02/25		AUD	165		USD	103		—
RBC		04/02/25		USD	204		EUR	195		7
RBC		04/02/25		USD	405		EUR	371		(4	)
RBC		04/02/25		USD	51		JPY	7,600		—
RBC		04/02/25		USD	674		JPY	99,900		(6	)
RBC		04/02/25		CAD	1,309		USD	909		(1	)
RBC		04/02/25		SEK	1,560		USD	152		(3	)
RBC		04/02/25		JPY	52,500		USD	355		4
RBC		04/02/25		JPY	17,200		USD	114		(1	)
RBC		05/07/25		USD	13		MXN	280		—
RBC		05/07/25		GBP	39		USD	50		—
RBC		05/07/25		AUD	80		USD	50		—
RBC		05/07/25		USD	99		NZD	175		—
RBC		05/07/25		USD	100		AUD	160		—
RBC		05/07/25		JPY	2,000		USD	13		—
RBC		06/04/25		USD	14		JPY	2,000		—
RBC		06/04/25		JPY	901,000		USD	6,074		5
RBS		05/07/25		JPY	15,000		USD	100		(1	)
RBS		06/04/25		MXN	610		USD	29		—
SCB Securities		04/02/25		EUR	30		USD	33		—

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
SCB Securities		04/02/25		USD	63		JPY	9,500	$	1
SCB Securities		04/02/25		AUD	80		USD	50		—
SCB Securities		04/02/25		RON	95		USD	21		—
SCB Securities		04/02/25		CNY	5,051		USD	693		(3	)
SCB Securities		04/16/25		USD	327		HKD	2,535		(1	)
SCB Securities		04/17/25		USD	326		HKD	2,530		(1	)
SCB Securities		05/07/25		EUR	35		USD	38		—
SCB Securities		05/07/25		RON	95		USD	21		—
SCB Securities		05/07/25		AUD	80		USD	50		—
SCB Securities		05/07/25		AUD	80		USD	50		—
SCB Securities		05/12/25		USD	1,082		HKD	8,390		(3	)
SCB Securities		06/04/25		USD	27		MXN	550		—
SCB Securities		06/04/25		USD	250		CNY	1,810		3
SCB Securities		06/18/25		HKD	2,635		USD	340		1
SCB Securities		07/02/25		USD	19		MXN	400		—
SCB Securities		07/02/25		MXN	1,560		USD	76		1
Seaport Securities Corporation		05/07/25		USD	51		JPY	7,600		—
Seaport Securities Corporation		07/09/25		USD	60		CNY	429		—
Societe Generale		04/02/25		RON	515		USD	108		(4	)
Societe Generale		05/07/25		RON	515		USD	111		—
Societe Generale		07/02/25		USD	26		MXN	540		—
Standard Chartered		04/07/25		USD	100		CNY	719		(1	)
Standard Chartered		04/07/25		USD	564		KRW	818,394		(9	)
Standard Chartered		04/08/25		THB	20,809		USD	619		5
State Street		04/02/25		USD	35		HUF	13,000		—
State Street		04/02/25		GBP	39		USD	51		—
State Street		04/02/25		USD	51		JPY	7,700		—
State Street		04/02/25		PLN	75		USD	19		—
State Street		04/02/25		CHF	90		USD	102		1
State Street		04/02/25		USD	92		MXN	1,900		1
State Street		04/02/25		USD	101		AUD	160		(1	)
State Street		04/02/25		MXN	200		USD	10		—
State Street		04/02/25		MXN	24,630		USD	1,176		(28	)
State Street		04/02/25		HUF	29,000		USD	76		(2	)
State Street		04/07/25		USD	2		INR	152		—
State Street		04/07/25		USD	50		CNY	359		—
State Street		04/07/25		USD	130		NOK	1,457		8
State Street		04/07/25		MXN	4,765		USD	226		(7	)
State Street		04/07/25		COP	124,527		USD	30		—
State Street		05/07/25		USD	10		MXN	200		—
State Street		05/07/25		EUR	30		USD	33		—
State Street		05/07/25		MXN	600		USD	29		—
State Street		05/07/25		CAD	272		USD	191		1
State Street		05/07/25		CAD	1,240		USD	862		(1	)
State Street		05/07/25		AUD	2,680		USD	1,668		(2	)
State Street		05/22/25		CAD	1,900		USD	1,340		17
State Street		06/04/25		USD	19		MXN	400		—
State Street		06/04/25		USD	24		MXN	500		—
State Street		06/04/25		AUD	80		USD	50		—
State Street		06/04/25		USD	303		EUR	278		(2	)

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
State Street		06/04/25		MXN	710		USD	35	$	—
State Street		06/04/25		NZD	1,243		USD	708		3
State Street		06/04/25		CAD	1,539		USD	1,078		5
State Street		07/02/25		MXN	1,200		USD	59		1
State Street		07/02/25		CAD	1,523		USD	1,071		8
TD Securities		04/02/25		USD	20		EUR	19		1
TD Securities		04/02/25		GBP	39		USD	50		—
TD Securities		04/02/25		USD	53		CAD	75		(1	)
TD Securities		04/02/25		USD	103		GBP	80		1
TD Securities		04/02/25		CHF	175		USD	198		1
TD Securities		04/02/25		USD	25		AUD	40		—
TD Securities		04/02/25		USD	308		AUD	490		(3	)
TD Securities		04/02/25		USD	381		JPY	59,000		14
TD Securities		04/02/25		JPY	15,100		USD	102		1
TD Securities		04/07/25		USD	30		AUD	48		—
TD Securities		04/07/25		EUR	2,610		USD	2,726		(95	)
TD Securities		05/07/25		USD	25		AUD	40		—
TD Securities		05/07/25		AUD	30		USD	19		—
TD Securities		05/07/25		CAD	145		USD	101		—
TD Securities		06/04/25		AUD	150		USD	94		1
TD Securities		06/04/25		MXN	20,650		USD	1,000		(1	)
UBS		04/02/25		USD	21		ILS	75		(1	)
UBS		04/02/25		USD	40		THB	1,370		—
UBS		04/02/25		USD	231		CHF	205		1
UBS		04/02/25		USD	589		MXN	12,070		1
UBS		04/02/25		USD	10		MXN	200		—
UBS		04/02/25		CHF	643		USD	718		(9	)
UBS		04/02/25		CNY	726		USD	100		—
UBS		04/02/25		THB	1,150		USD	34		—
UBS		04/02/25		RON	5,015		USD	1,056		(32	)
UBS		04/02/25		ZAR	13,798		USD	749		(1	)
UBS		04/02/25		HUF	14,600		USD	40		1
UBS		04/02/25		JPY	34,000		USD	230		2
UBS		04/02/25		JPY	1,035,600		USD	6,666		(259	)
UBS		04/07/25		USD	21		CAD	31		—
UBS		04/07/25		USD	298		COP	1,243,995		(1	)
UBS		04/07/25		USD	608		INR	53,126		13
UBS		04/07/25		USD	834		EUR	800		31
UBS		04/07/25		EUR	1,870		CHF	1,743		(49	)
UBS		04/07/25		GBP	2,065		USD	2,503		(162	)
UBS		04/07/25		CHF	2,117		USD	2,331		(64	)
UBS		04/07/25		CAD	7,830		USD	5,444		1
UBS		04/07/25		INR	126,005		USD	1,441		(33	)
UBS		05/07/25		USD	73		RON	335		—
UBS		05/07/25		USD	303		EUR	278		(2	)
UBS		05/07/25		USD	608		MXN	12,405		(5	)
UBS		05/07/25		RON	5,015		USD	1,084		(4	)
UBS		05/07/25		JPY	8,000		USD	52		(2	)
UBS		05/07/25		NOK	8,885		USD	842		(1	)
UBS		05/07/25		ZAR	12,145		USD	665		6

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
UBS		05/12/25		HKD	4,205		USD	542	$	1
UBS		06/04/25		USD	20		MXN	420		—
Wells Fargo		04/02/25		USD	15		MXN	300		—
Wells Fargo		04/02/25		USD	51		CHF	45		—
Wells Fargo		04/02/25		USD	53		CAD	75		(1	)
Wells Fargo		04/02/25		CHF	90		USD	102		—
Wells Fargo		04/02/25		SEK	520		USD	51		—
Wells Fargo		04/02/25		NOK	3,410		USD	304		(20	)
Wells Fargo		04/02/25		JPY	15,100		USD	102		1
Wells Fargo		04/07/25		USD	8		CNH	59		—
Wells Fargo		04/07/25		EUR	23		GBP	19		—
Wells Fargo		04/07/25		USD	220		CAD	316		(1	)
Wells Fargo		04/07/25		CAD	286		USD	200		2
Wells Fargo		04/07/25		USD	2,261		EUR	2,177		91
Wells Fargo		04/07/25		SEK	4,799		USD	429		(49	)
Wells Fargo		04/07/25		COP	853,242		USD	203		—
Wells Fargo		05/07/25		USD	15		MXN	300		—
Wells Fargo		05/07/25		CNY	6,487		USD	894		(10	)
Wells Fargo		06/04/25		EUR	35		USD	38		—
Westpac Banking		04/02/25		USD	11		CAD	16		—
Westpac Banking		04/02/25		NZD	90		USD	51		—
Westpac Banking		04/02/25		EUR	194		USD	206		(3	)
Westpac Banking		04/02/25		USD	51		NZD	90		—
Westpac Banking		04/02/25		USD	254		NZD	445		(2	)
Westpac Banking		04/02/25		CAD	502		USD	350		1
Westpac Banking		05/07/25		CHF	45		USD	51		—
									$	(6,750	)

A list of the open centrally cleared swap agreements held by the Fund at March 31, 2025, is as follows:

Credit Default Swaps
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 IG S44 JUN-30		Buy		1.00%		Quarterly		06/20/2030	$	6,372	$	(115	)	$	(126	)	$	11
CDX IG S44 JUN-30		Buy		1.00%		Quarterly		06/20/2030		8,488		(152	)		(168	)		16
ITRAXX MAIN S43 JUN		Buy		1.00%		Quarterly		06/20/2030		1,814		(35	)		(41	)		6
ITRAXX MAIN S43 JUN		Buy		1.00%		Quarterly		06/20/2030		1,992		(38	)		(44	)		6
ITRAXX MAIN S43 JUN		Buy		1.00%		Quarterly		06/20/2030		3,124		(59	)		(70	)		11
ITRAXX XOVER S42 DE		Buy		5.00%		Quarterly		12/20/2029		2,950		(231	)		(243	)		12
ITRAXX XOVER S42 DE		Buy		5.00%		Quarterly		12/20/2029		3,100		(241	)		(261	)		20
ITRAXX XOVER S42 DE		Buy		5.00%		Quarterly		12/20/2029		430		(33	)		(36	)		3
											$	(904	)	$	(989	)	$	85

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)
2.492%		EURIBOR 6 MONTH		Annually		02/15/2034		EUR		8,028	$	78		$	31	$	47
4.44604%		SONIA-COMPOUND		Annually		03/24/2055		GBP		1,550		(7	)		–		(7	)
China 7-Day Reverse Repo Rate		2.0125%		Quarterly		06/19/2029		CNY		98,000		227			–		227
China 7-Day Reverse Repo Rate		2.007%		Quarterly		06/19/2029		CNY		85,000		194			–		194

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

International Fixed Income Fund (Concluded)

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		2.0088%		Quarterly		06/19/2029		CNY		3,700	$	9		$	–	$	9
China 7-Day Reverse Repo Rate		1.376% FIXED		Quarterly		12/24/2029		CNY		28,220		(39	)		–		(39	)
3 MONTH CDC		2.7895%		Quarterly		11/27/2029		KRW		844,300		6			–		6
0.836%		TONA-OIS-COMPOUND		Annually		03/14/2027		JPY		2,361,000		2			–		2
3.364%		SOFR-COMPOUND		Annually		08/20/2054		USD		2,840		233			–		233
											$	703		$	31	$	672

	Percentages are based on Net Assets of $357,360 ($ 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, 2025, the value of these securities amounted to $54,068 ($ Thousands), representing 15.1% of the Net Assets of the Fund.
(B)	Security is in default on interest payment.
(C)	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.
(D)	Zero coupon security.
(E)	Interest rate represents the security's effective yield at the time of purchase.
(F)	Perpetual security with no stated maturity date.
(G)	No interest rate available.

The following is a summary of the level of inputs used as of March 31, 2025, 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

–

336,581

–

336,581

U.S. Treasury Obligations

–

8,394

–

8,394

Mortgage-Backed Securities

–

Total Investments in Securities

–

344,991

–

344,991

Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Appreciation		415			–			–		415
Unrealized Depreciation		(237	)		–			–		(237	)
Forward Contracts*
Unrealized Appreciation		–			3,019			–		3,019
Unrealized Depreciation		–			(9,769	)		–		(9,769	)
Centrally Cleared Swaps
Credit Default Swaps*
Unrealized Appreciation		–			85			–		85
Interest Rate Swaps*
Unrealized Appreciation		–			718			–		718
Unrealized Depreciation		–			(46	)		–		(46	)
Total Other Financial Instruments		178			(5,993	)		–		(5,815	)

*	Futures contracts, forward 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.

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

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS — 93.7%
Albania — 0.1%
Albania Government International Bond
4.750%, 02/14/2035(A)	EUR	1,150	$	1,196


Angola — 0.5%
Angolan Government International Bond
9.375%, 05/08/2048	$	1,150		909
Angolan Government International Bond MTN
9.125%, 11/26/2049		705		544
8.000%, 11/26/2029		1,962		1,739
Republic of Angola Via Avenir Issuer II Ireland DAC
6.927%, 02/19/2027		1,417		1,336
				4,528

Argentina — 2.0%
Argentine Republic Government International Bond
5.000%, 01/09/2038(B)		1,610		1,059
4.250%, 01/09/2038(B)	EUR	340		223
4.125%, 07/09/2035(B)	$	4,356		2,722
4.125%, 07/09/2046(B)		3,694		2,279
3.875%, 07/09/2035(B)	EUR	2,900		1,873
3.750%, 07/09/2046(B)		235		148
3.500%, 07/09/2041(B)	$	5,318		3,071
1.000%, 07/09/2029		882		684
0.750%, 07/09/2030(B)		4,139		3,022
0.500%, 07/09/2029	EUR	12		10
0.125%, 07/09/2030		477		367
Provincia de Buenos Aires MTN
6.625%, 09/01/2037(B)	$	3,391		2,170
Republic of Argentina
0.000% 12/15/2035 (C)(D)	EUR	1,232		111
				17,739

Armenia — 0.2%
Republic of Armenia International Bond
6.750%, 03/12/2035(A)	$	400		385
3.950%, 09/26/2029		200		179
3.600%, 02/02/2031		1,302		1,103
				1,667

Azerbaijan — 0.1%
Republic of Azerbaijan International Bond
3.500%, 09/01/2032		1,339		1,173


Bahamas — 0.9%
Bahamas Government International Bond
9.000%, 06/16/2029		1,000		1,039
8.950%, 10/15/2032		4,790		4,939
6.000%, 11/21/2028		1,995		1,908
				7,886


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Bahrain — 1.2%
Bahrain Government International Bond
6.750%, 09/20/2029	$	1,539	$	1,567
6.000%, 09/19/2044		830		704
5.450%, 09/16/2032		1,545		1,439
Bahrain Government International Bond MTN
6.250%, 01/25/2051		4,550		3,859
4.250%, 01/25/2028		710		678
CBB International Sukuk Programme WLL
3.950%, 09/16/2027		2,733		2,620
				10,867

Barbados — 0.1%
Barbados Government International Bond
6.500%, 10/01/2029		800		769


Benin — 0.1%
Benin Government International Bond
8.375%, 01/23/2041(A)		331		314
6.875%, 01/19/2052	EUR	458		396
				710

Bermuda — 0.0%
Bermuda Government International Bond
2.375%, 08/20/2030	$	221		192


Bolivia — 0.1%
Bolivian Government International Bond
4.500%, 03/20/2028		1,002		666


Brazil — 3.4%
Braskem Netherlands Finance BV
8.500%, 01/12/2031		210		211
Brazil Notas do Tesouro Nacional, Serie B
6.000%, 05/15/2035	BRL	364		254
6.000%, 05/15/2045		1,047		699
6.000%, 08/15/2050		991		656
Brazil Notas do Tesouro Nacional, Serie F
10.000%, 01/01/2027		18,019		2,927
10.000%, 01/01/2029		36,851		5,611
10.000%, 01/01/2031		23,105		3,310
10.000%, 01/01/2033		33,859		4,644
10.000%, 01/01/2035		19,507		2,581
Brazilian Government International Bond
7.125%, 05/13/2054	$	1,724		1,648
6.625%, 03/15/2035		3,512		3,492
5.625%, 02/21/2047		267		218
4.750%, 01/14/2050		1,669		1,174
MC Brazil Downstream Trading SARL
7.250%, 06/30/2031(A)		818		674
7.250%, 06/30/2031		322		265
MV24 Capital BV
6.748%, 06/01/2034		1,440		1,390

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Oceanica Lux
13.000%, 10/02/2029(A)	$	295	$	278
Yinson Boronia Production BV
8.947%, 07/31/2042		843		889
				30,921

Cameroon — 0.2%
Republic of Cameroon International Bond
9.500%, 07/31/2031		200		188
5.950%, 07/07/2032	EUR	1,430		1,214
				1,402

Canada — 0.0%
Polaris Renewable Energy
9.500%, 12/03/2029	$	250		256


Cayman Islands — 0.1%
Neon Capital MTN
0.000%, 01/06/2028(C)(D)	JPY	122,528		780


Chile — 1.4%
Bonos de la Tesoreria de la Republica en pesos (A)
6.000%, 04/01/2033	CLP	610,000		646
5.000%, 10/01/2028		1,000,000		1,032
4.700%, 09/01/2030		820,000		819
Chile Electricity Lux Mpc II Sarl
5.580%, 10/20/2035(A)	$	400		400
Chile Electricity Lux MPC Sarl
6.010%, 01/20/2033		651		667
Chile Government International Bond
4.950%, 01/05/2036		3,205		3,106
3.100%, 05/07/2041		1,375		1,008
Corp Nacional del Cobre de Chile
5.950%, 01/08/2034		1,990		2,016
Empresa de los Ferrocarriles del Estado
3.830%, 09/14/2061		350		228
3.068%, 08/18/2050		250		151
Empresa Nacional del Petroleo
6.150%, 05/10/2033		1,050		1,073
6.150%, 05/10/2033(A)		200		204
5.950%, 07/30/2034(A)		257		258
Nacional del Cobre de Chile (A)
6.780%, 01/13/2055		973		997
5.950%, 01/08/2034		364		369
				12,974

China — 0.4%
China Government International Bond
4.125%, 11/20/2027(A)		2,568		2,601
0.550%, 10/21/2025		626		614
				3,215


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Colombia — 5.0%
AI Candelaria -spain
5.750%, 06/15/2033	$	1,180	$	1,015
Colombia Government International Bond
9.850% 06/28/2027	COP	5,060,000		1,185
8.750%, 11/14/2053	$	3,816		3,785
6.125%, 01/18/2041		615		499
5.625%, 02/26/2044		2,032		1,514
5.200%, 05/15/2049		600		399
5.000%, 06/15/2045		4,543		3,049
4.125%, 02/22/2042		3,356		2,113
Colombian TES
13.250%, 02/09/2033	COP	5,938,000		1,495
11.500%, 07/25/2046		19,774,200		4,191
9.250%, 05/28/2042		11,730,300		2,120
7.750% 09/18/2030		8,036,600		1,642
7.500% 08/26/2026		1,717,500		399
7.250%, 10/18/2034		25,267,900		4,358
7.250%, 10/26/2050		14,102,400		1,951
7.000%, 03/26/2031		9,475,500		1,812
7.000%, 03/26/2031		1,211,900		232
7.000%, 06/30/2032		12,266,900		2,248
6.250%, 07/09/2036		16,107,700		2,413
6.000% 04/28/2028		24,268,300		5,136
5.750%, 11/03/2027		8,727,500		1,885
Ecopetrol
7.750%, 02/01/2032	$	975		957
EnfraGen Energia Sur
5.375%, 12/30/2030		400		353
PA Autopista Rio Magdalena
6.050%, 06/15/2036	COP	2,298,921		448
				45,199

Costa Rica — 0.6%
Costa Rica Government International Bond
7.300%, 11/13/2054(A)	$	805		831
7.158%, 03/12/2045		2,500		2,565
6.550%, 04/03/2034		1,821		1,865
				5,261

Cote d'Ivoire — 0.3%
Ivory Coast Government International Bond
8.250%, 01/30/2037(A)		816		783
8.250%, 01/30/2037		538		517
8.075%, 04/01/2036(A)		1,459		1,398
				2,698

Czechia — 1.0%
Czech Republic Government Bond
5.750%, 03/29/2029	CZK	25,000		1,163
4.900%, 04/14/2034		75,000		3,411
2.750%, 07/23/2029		14,800		616
2.000%, 10/13/2033		26,260		960
1.950%, 07/30/2037		5,510		183
1.500%, 04/24/2040		6,150		179

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
1.200%, 03/13/2031	CZK	37,500	$	1,391
0.050%, 11/29/2029		18,530		676
				8,579

Dominican Republic — 2.2%
Dominican Republic Central Bank Notes
13.000%, 12/05/2025	DOP	267,230		4,269
13.000%, 12/05/2025(A)		236,870		3,792
Dominican Republic International Bond
10.750%, 06/01/2036(A)		47,500		783
10.750%, 06/01/2036		20,800		343
7.050%, 02/03/2031	$	3,958		4,094
6.950%, 03/15/2037(A)		1,761		1,778
6.000%, 02/22/2033		457		443
5.875%, 01/30/2060		400		337
5.300%, 01/21/2041		4,900		4,117
				19,956

Ecuador — 0.8%
Ecuador Government International Bond
6.900%, 07/31/2030(B)		5,559		3,287
5.500%, 07/31/2035(B)		4,461		2,166
5.500%, 07/31/2035(A)(B)		728		354
5.000%, 07/31/2040(B)		2,386		1,047
0.000%, 07/31/2030(E)		1,556		743
				7,597

Egypt — 2.4%
Egypt Government Bond
25.318%, 08/13/2027	EGP	190,100		3,910
Egypt Government International Bond
8.875%, 05/29/2050	$	2,010		1,558
8.700%, 03/01/2049		3,589		2,752
8.625%, 02/04/2030(A)		1,831		1,771
8.500%, 01/31/2047		5,950		4,511
Egypt Government International Bond MTN
6.375%, 04/11/2031	EUR	1,720		1,573
5.625%, 04/16/2030		432		395
Egypt Treasury Bills
0.000%, 04/29/2025(E)(F)	EGP	4,550		88
0.000%, 06/03/2025(E)(F)		29,775		561
0.000%, 06/10/2025(E)(F)		22,700		425
0.000%, 06/17/2025(E)(F)		78,000		1,458
0.000%, 07/08/2025(E)(F)		12,625		232
0.000%, 07/15/2025(E)(F)		22,675		415
0.000%, 08/05/2025(E)(F)		102,000		1,843
				21,492

El Salvador — 0.3%
El Salvador Government International Bond
9.650%, 11/21/2054	$	1,746		1,749
7.125%, 01/20/2050		1,700		1,352
				3,101


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Ethiopia — 0.2%
Ethiopia International Bond
6.625%, 12/11/2024	$	1,380	$	1,180
6.625%, 12/11/2024(A)		393		336
				1,516

Gabon — 0.2%
Gabon Blue Bond Master Trust Series 2
6.097%, 08/01/2038		700		705
Gabon Government International Bond
7.000%, 11/24/2031		1,497		1,171
7.000%, 11/24/2031(A)		200		156
				2,032

Georgia — 0.1%
Georgia Government International Bond
2.750%, 04/22/2026		1,260		1,204


Ghana — 0.8%
Ghana Government International Bond
5.000%, 07/03/2029(B)		3,863		3,358
5.000%, 07/03/2029(A)(B)		303		265
5.000%, 07/03/2035(B)		2,858		2,016
0.000%, 07/03/2026(E)		1,601		1,499
0.000%, 07/03/2026(A)(E)		–		–
0.000%, 01/03/2030(E)		302		234
				7,372

Guatemala — 0.7%
Guatemala Government Bond
6.600%, 06/13/2036		3,732		3,751
6.125%, 06/01/2050		1,615		1,445
4.500%, 05/03/2026		750		741
				5,937

Honduras — 0.2%
Honduras Government International Bond
8.625%, 11/27/2034(A)		612		607
8.625%, 11/27/2034		217		215
6.250%, 01/19/2027		176		173
5.625%, 06/24/2030		519		466
				1,461

Hungary — 1.5%
Hungary Government Bond
3.250%, 10/22/2031	HUF	243,940		530
3.000%, 10/27/2038		580,490		988
3.000%, 04/25/2041		543,310		869
Hungary Government International Bond
6.125%, 05/22/2028(A)	$	540		554
6.125%, 05/22/2028		2,802		2,877
5.500%, 03/26/2036(A)		688		658
5.500%, 03/26/2036		4,104		3,924
3.125%, 09/21/2051		2,386		1,415
2.125%, 09/22/2031		1,475		1,197

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
MVM Energetika Zrt
6.500%, 03/13/2031	$	300	$	307
				13,319

India — 0.9%
Adani Green Energy UP
6.700%, 03/12/2042		1,788		1,581
Adani Renewable Energy RJ MTN
4.625%, 10/15/2039		637		502
Export-Import Bank of India MTN
3.250%, 01/15/2030		660		613
2.250%, 01/13/2031		1,294		1,111
India Government Bond
7.300%, 06/19/2053	INR	350,010		4,284
				8,091

Indonesia — 7.0%
Indonesia Asahan Aluminium
5.800%, 05/15/2050(A)	$	565		520
Indonesia Government International Bond
8.375% 09/15/2026	IDR	15,219,000		941
5.650%, 01/11/2053	$	2,863		2,808
4.850%, 01/11/2033		1,100		1,078
4.550%, 01/11/2028		1,745		1,741
4.400%, 03/10/2029		544		536
3.550%, 03/31/2032		2,049		1,864
2.850%, 02/14/2030		1,991		1,818
Indonesia Treasury Bond
9.000% 03/15/2029	IDR	31,550,000		2,051
8.750% 05/15/2031		13,902,000		913
8.375% 03/15/2034		19,797,000		1,298
8.375%, 04/15/2039		17,819,000		1,185
8.250%, 05/15/2029		32,931,000		2,096
8.250% 06/15/2032		11,041,000		711
8.250% 05/15/2036		25,814,000		1,676
7.500%, 08/15/2032		14,342,000		889
7.500%, 06/15/2035		4,700,000		291
7.500%, 05/15/2038		18,751,000		1,163
7.500%, 04/15/2040		26,006,000		1,608
7.125%, 06/15/2038		76,346,000		4,596
7.125%, 08/15/2040		23,545,000		1,428
7.125%, 06/15/2042		5,650,000		340
7.125%, 06/15/2043		31,467,000		1,894
7.125%, 08/15/2045		17,247,000		1,040
7.000% 05/15/2027		4,310,000		262
7.000%, 09/15/2030		27,714,000		1,688
7.000%, 02/15/2033		46,338,000		2,791
6.875%, 04/15/2029		35,351,000		2,149
6.875%, 08/15/2051		27,747,000		1,613
6.750%, 07/15/2035		155,666,000		9,210
6.625%, 02/15/2034		26,328,000		1,551
6.500%, 07/15/2030		66,000,000		3,934
6.500%, 02/15/2031		43,565,000		2,585
6.375%, 08/15/2028		21,395,000		1,280


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.375%, 04/15/2032	IDR	19,766,000	$	1,155
6.375%, 07/15/2037		1,500,000		85
Minejesa Capital BV
5.625%, 08/10/2037	$	495		466
				63,254

Iraq — 0.7%
Iraq International Bond
5.800%, 01/15/2028		2,459		2,411
5.800%, 01/15/2028		3,570		3,501
				5,912

Israel — 0.4%
Israel Electric
8.100%, 12/15/2096		1,400		1,781
Israel Government International Bond
5.750%, 03/12/2054		262		240
Leviathan Bond
6.750%, 06/30/2030(A)		394		382
State of Israel
3.800%, 05/13/2060		1,360		871
				3,274

Ivory Coast — 0.2%
Ivory Coast Government International Bond
6.625%, 03/22/2048	EUR	2,200		1,853


Jamaica — 0.1%
Kingston Airport Revenue Finance
6.750%, 12/15/2036(A)	$	745		751
TransJamaican Highway Ltd
5.750%, 10/10/2036	JMD	426		392
				1,143

Jordan — 0.5%
Jordan Government International Bond
7.500%, 01/13/2029(A)	$	1,021		1,021
7.500%, 01/13/2029		567		567
7.375%, 10/10/2047		2,900		2,526
				4,114

Kazakhstan — 0.4%
Development Bank of Kazakhstan JSC
5.625%, 04/07/2030(A)		565		564
5.500%, 04/15/2027(A)		398		400
5.250%, 10/23/2029(A)		423		419
5.250%, 10/23/2029		323		320
KazMunayGas National JSC
6.375%, 10/24/2048		1,120		1,047
Tengizchevroil Finance International
3.250%, 08/15/2030		450		393
				3,143

Kenya — 0.6%
Kenya Government International Bond
7.000%, 05/22/2027		400		399

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Republic of Kenya Government International Bond
9.750%, 02/16/2031(A)	$	1,102	$	1,079
9.750%, 02/16/2031		326		319
9.500%, 03/05/2036(A)		1,929		1,770
8.250%, 02/28/2048		2,751		2,180
				5,747

Latvia — 0.1%
Latvia Government International Bond MTN
5.125%, 07/30/2034		600		594


Lebanon — 0.4%
Lebanon Government International Bond
8.250%, 05/17/2034(G)		4,412		706
Lebanon Government International Bond MTN
8.250%, 04/12/2049(G)		7,110		1,148
7.000%, 03/20/2028(G)		164		27
6.400%, 05/26/2023(G)		2,649		494
6.375%, 12/31/2023(G)		2,239		350
6.100%, 10/04/2022(G)		3,511		565
5.800%, 04/14/2023(G)		2,787		446
				3,736

Macedonia — 0.0%
North Macedonia Government International Bond
6.960%, 03/13/2027	EUR	171		193


Malaysia — 5.7%
Khazanah Global Sukuk MTN
4.687%, 06/01/2028	$	149		149
Malaysia Government Bond
5.248% 09/15/2028	MYR	2,667		634
4.893%, 06/08/2038		21,075		5,230
4.696%, 10/15/2042		3,303		810
4.642%, 11/07/2033		11,110		2,664
4.504%, 04/30/2029		4,500		1,050
4.498% 04/15/2030		9,992		2,343
4.457%, 03/31/2053		1,997		472
4.065%, 06/15/2050		10,317		2,299
4.054%, 04/18/2039		4,639		1,059
3.955% 09/15/2025		35,357		7,994
3.906%, 07/15/2026		8,680		1,971
3.900%, 11/30/2026		3,285		747
3.885%, 08/15/2029		12,349		2,816
3.828%, 07/05/2034		16,001		3,616
3.757%, 05/22/2040		8,460		1,869
3.733%, 06/15/2028		12,381		2,808
3.582%, 07/15/2032		11,997		2,677
3.502% 05/31/2027		4,963		1,121
2.632%, 04/15/2031		9,526		2,023


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Malaysia Government Investment Issue
4.369%, 10/31/2028	MYR	1,200	$	278
4.119%, 11/30/2034		1,248		289
Petronas Capital
5.848%, 04/03/2055(A)	$	1,833		1,859
Petronas Capital MTN
3.500%, 04/21/2030		513		484
3.404%, 04/28/2061		3,171		2,070
2.480%, 01/28/2032		2,066		1,766
				51,098

Mexico — 8.3%
Braskem Idesa SAPI
6.990%, 02/20/2032		1,040		777
Cemex (H)
9.125%, H15T5Y + 5.157% (A)(C)		326		331
9.125%, H15T5Y + 5.157% (C)		250		254
Mexican Bonos
8.500%, 03/02/2028	MXN	172,000		8,350
8.500%, 03/01/2029		87,368		4,224
8.500%, 02/28/2030		130,000		6,238
8.000%, 05/24/2035		10,700		479
8.000%, 11/07/2047		69,541		2,806
8.000%, 07/31/2053		65,873		2,624
7.750% 11/23/2034		52,326		2,299
7.750% 11/13/2042		189,300		7,590
7.500% 06/03/2027		90,014		4,306
7.500%, 05/26/2033		28,772		1,265
Mexican Bonos, Ser M20
7.750% 05/29/2031		109,731		5,040
Mexican Bonos, Ser M30
8.500% 11/18/2038		59,507		2,657
Mexico Government International Bond
7.375%, 05/13/2055	$	1,645		1,681
6.875%, 05/13/2037		606		620
Mexico Government International Bond MTN
5.625%, 03/19/2114	GBP	5,800		5,118
Petroleos Mexicanos
7.690%, 01/23/2050	$	10,130		7,599
6.625%, 06/15/2035		725		579
Petroleos Mexicanos MTN
6.750%, 09/21/2047		9,917		6,781
Poinsettia Finance
6.625%, 06/17/2031		3,022		2,739
				74,357

Mongolia — 0.1%
Development Bank of Mongolia LLC
11.000%, 03/07/2026		700		716
Mongolia Government International Bond
8.650%, 01/19/2028		208		216
6.625%, 02/25/2030(A)		200		196
				1,128

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Montenegro — 0.0%
Montenegro Government International Bond
7.250%, 03/12/2031	$	300	$	307


Morocco — 0.2%
Morocco Government International Bond
6.500%, 09/08/2033		200		208
4.000%, 12/15/2050		600		407
3.000%, 12/15/2032		315		261
OCP SA
7.500%, 05/02/2054(A)		1,254		1,284
				2,160

Mozambique — 0.1%
Mozambique International Bond
9.000%, 09/15/2031(B)		1,073		880


Nigeria — 2.2%
Nigeria Government International Bond
10.375%, 12/09/2034(A)		539		541
10.375%, 12/09/2034		207		208
9.625%, 06/09/2031(A)		1,233		1,218
9.625%, 06/09/2031		1,214		1,199
7.625%, 11/21/2025		2,290		2,295
Nigeria Government International Bond MTN
8.250%, 09/28/2051		2,000		1,565
7.375%, 09/28/2033		1,827		1,542
6.125%, 09/28/2028		930		848
Nigeria OMO Bill
0.000%, 05/20/2025(E)(F)	NGN	3,556,767		2,245
0.000%, 05/27/2025(E)(F)		1,794,709		1,128
0.000%, 09/30/2025(E)(F)		2,334,319		1,356
0.000%, 12/02/2025(E)(F)		2,551,881		1,433
0.000%, 12/09/2025(E)(F)		2,640,000		1,476
0.000%, 01/06/2026(E)(F)		864,501		474
0.000%, 02/10/2026(E)(F)		351,600		190
0.000%, 02/23/2026(E)(F)		1,707,000		918
0.000%, 02/24/2026(E)(F)		1,642,421		876
SEPLAT Energy
9.125%, 03/21/2030(A)	$	565		563
				20,075

North Macedonia — 0.5%
North Macedonia Government International Bond
3.675%, 06/03/2026	EUR	2,735		2,941
1.625%, 03/10/2028		1,250		1,244
				4,185

Oman — 1.1%
EDO Sukuk
5.662%, 07/03/2031(A)	$	978		986


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Mazoon Assets SAOC
5.250%, 10/09/2031(A)	$	785	$	775
5.250%, 10/09/2031		233		230
Oman Government International Bond
7.000%, 01/25/2051		1,089		1,158
6.750%, 10/28/2027		2,300		2,387
6.750%, 01/17/2048		4,514		4,662
				10,198

Pakistan — 0.3%
Pakistan Government International Bond
6.875%, 12/05/2027		1,641		1,493
Pakistan Government International Bond MTN
8.875%, 04/08/2051		1,300		1,021
6.000%, 04/08/2026		243		230
				2,744

Panama — 1.0%
Panama Government International Bond
8.125%, 04/28/2034		478		509
8.000%, 03/01/2038		2,193		2,259
4.500%, 04/16/2050		3,901		2,476
4.500%, 04/01/2056		4,102		2,496
2.252%, 09/29/2032		2,310		1,682
				9,422

Paraguay — 0.3%
Paraguay Government International Bond
7.900%, 02/09/2031(A)	PYG	13,601,000		1,670
6.650%, 03/04/2055(A)	$	836		838
4.950%, 04/28/2031		438		424
				2,932

Peru — 3.0%
Peru Government Bond
7.600%, 08/12/2039(A)	PEN	7,600		2,139
7.300%, 08/12/2033(A)		9,604		2,762
6.150%, 08/12/2032		4,000		1,095
5.400%, 08/12/2034		30,695		7,623
5.350%, 08/12/2040		708		160
Peru LNG Srl
5.375%, 03/22/2030	$	750		696
Peruvian Government International Bond
7.600%, 08/12/2039(A)	PEN	1,000		283
6.900%, 08/12/2037		1,055		284
6.900%, 08/12/2037(A)		800		215
6.850%, 02/12/2042		613		163
5.940%, 02/12/2029		5,394		1,537
5.875%, 08/08/2054	$	1,260		1,219
5.375%, 02/08/2035		1,500		1,470
3.600%, 01/15/2072		1,200		740
2.783%, 01/23/2031		1,295		1,134
Petroleos del Peru
5.625%, 06/19/2047(A)		720		452

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.625%, 06/19/2047	$	7,500	$	4,706
				26,678

Philippines — 1.1%
Philippine Government Bond
6.250%, 01/25/2034	PHP	125,000		2,180
Philippine Government International Bond
5.170%, 10/13/2027	$	1,970		2,000
2.950%, 05/05/2045		400		271
2.650%, 12/10/2045		3,374		2,158
1.950%, 01/06/2032		4,103		3,401
1.750%, 04/28/2041	EUR	302		227
				10,237

Poland — 3.1%
Republic of Poland Government Bond
7.500%, 07/25/2028	PLN	18,000		4,964
2.750%, 04/25/2028		156		38
2.750%, 10/25/2029		239		55
1.750%, 04/25/2032		27,833		5,621
1.250%, 10/25/2030		11,742		2,441
Republic of Poland Government International Bond
5.500%, 04/04/2053	$	100		94
5.500%, 03/18/2054		4,610		4,318
5.375%, 02/12/2035		4,964		4,990
5.125%, 09/18/2034		3,750		3,702
4.875%, 02/12/2030		2,015		2,033
				28,256

Qatar — 0.8%
Qatar Government International Bond
4.500%, 02/27/2028(A)		1,303		1,310
4.500%, 04/23/2028		3,356		3,374
Qatar Government International Bond MTN
4.750%, 05/29/2034(A)		861		870
4.750%, 05/29/2034		736		743
4.625%, 05/29/2029(A)		502		506
				6,803

Romania — 2.5%
Romania Government Bond
8.000%, 04/29/2030	RON	20,000		4,456
6.300%, 04/25/2029		11,000		2,305
4.850%, 07/25/2029		7,300		1,445
Romanian Government International Bond
7.500%, 02/10/2037(A)	$	2,480		2,522
6.375%, 01/30/2034		2,100		2,018
6.250%, 09/10/2034(A)	EUR	600		642
5.750%, 03/24/2035	$	190		172
5.000%, 02/12/2029	RON	3,950		795
4.000%, 02/14/2051	$	4,968		3,043
3.000%, 02/14/2031		1,790		1,495


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Romanian Government International Bond MTN
7.625%, 01/17/2053	$	1,250	$	1,244
5.625%, 02/22/2036	EUR	200		200
3.750%, 02/07/2034		2,468		2,200
				22,537

Russia — 0.0%
Russian Foreign Bond - Eurobond
7.500% 03/31/2030	$	–		–
Telecommunications co Telekom Srbija AD Belgrade
7.000%, 10/28/2029		200		199
Vnesheconombank Via VEB Finance
6.800%, 11/22/2025		580		18
6.800%, 11/22/2025(A)		150		8
				225

Rwanda — 0.1%
Rwanda International Government Bond
5.500%, 08/09/2031		580		469


Saudi Arabia — 1.9%
Acwa Power Management And Investments One
5.950%, 12/15/2039		1,150		1,142
Ma'aden Sukuk
5.250%, 02/13/2030(A)		1,162		1,176
Saudi Arabian Oil MTN
5.875%, 07/17/2064(A)		2,324		2,173
Saudi Government International Bond
5.625%, 01/13/2035(A)		1,000		1,028
Saudi Government International Bond MTN
5.750%, 01/16/2054		3,561		3,396
5.000%, 01/18/2053		1,500		1,286
4.750%, 01/16/2030(A)		4,475		4,469
4.625%, 10/04/2047		2,900		2,410
3.750%, 01/21/2055		450		306
				17,386

Senegal — 0.2%
Senegal Government International Bond
6.750%, 03/13/2048		740		483
6.250%, 05/23/2033		1,028		767
5.375%, 06/08/2037	EUR	420		303
				1,553

Serbia — 0.3%
Serbia International Bond
6.000%, 06/12/2034	$	1,701		1,683
6.000%, 06/12/2034(A)		895		887
Serbia International Bond MTN
2.050%, 09/23/2036	EUR	709		559
				3,129

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
South Africa — 6.3%
Eskom Holdings SOC MTN
7.500%, 09/15/2033	ZAR	35,000	$	1,510
Republic of South Africa Government Bond
11.625%, 03/31/2053		46,160		2,530
9.000%, 01/31/2040		93,913		4,218
8.875% 02/28/2035		89,448		4,350
8.750% 01/31/2044		189,269		8,049
8.750% 02/28/2048		164,557		6,934
8.500% 01/31/2037		94,297		4,254
8.250% 03/31/2032		64,923		3,244
8.000% 01/31/2030		135,100		7,033
6.500% 02/28/2041		43,142		1,512
6.250% 03/31/2036		80,642		3,102
Republic of South Africa Government International Bond
5.750%, 09/30/2049	$	9,131		6,726
4.300%, 10/12/2028		2,207		2,080
Transnet SOC
8.250%, 02/06/2028		750		763
8.250%, 02/06/2028(A)		517		526
				56,831

Sri Lanka — 0.8%
Sri Lanka Government International Bond
4.000%, 04/15/2028		382		359
4.000%, 04/15/2028(A)		9		9
3.600%, 06/15/2035(A)(B)		1,916		1,293
3.600%, 06/15/2035(B)		687		463
3.600%, 05/15/2036(B)		1,138		885
3.600%, 05/15/2036(A)(B)		243		189
3.600%, 02/15/2038(B)		2,278		1,786
3.600%, 02/15/2038(A)(B)		950		745
3.350%, 03/15/2033(B)		1,429		1,115
3.100%, 01/15/2030(B)		518		457
3.100%, 01/15/2030(A)(B)		–		–
				7,301

Supra-National — 2.7%
Andina de Fomento MTN
7.700%, 03/06/2029	INR	190,000		2,248
Asian Development Bank MTN
10.100%, 01/23/2026	COP	3,116,000		741
0.000%, 04/20/2043(E)	MXN	7,000		66
Asian Infrastructure Investment Bank MTN
7.200%, 07/02/2031	INR	36,100		428
6.650%, 06/30/2033		302,200		3,484
0.000%, 02/08/2038(E)	MXN	15,200		224
Inter-American Development Bank MTN
7.350%, 10/06/2030	INR	263,000		3,151
7.000%, 08/08/2033		224,000		2,664
International Bank for Reconstruction & Development MTN
7.050%, 07/22/2029		109,000		1,290


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.750%, 07/13/2029	INR	182,600	$	2,136
6.500%, 04/17/2030		180,000		2,084
2.500%, 01/13/2031	CNY	22,000		3,088
International Finance Corp MTN
0.000%, 08/16/2028(E)	COP	16,480,000		2,819
				24,423

Suriname — 0.2%
Suriname Government International Bond
7.950%, 07/15/2033	$	1,445		1,372


Tajikistan — 0.0%
Republic of Tajikistan International Bond
7.125%, 09/14/2027		250		247


Thailand — 1.6%
Thailand Government Bond
3.450%, 06/17/2043	THB	82,437		2,757
3.390%, 06/17/2037		22,914		764
3.350%, 06/17/2033		64,763		2,104
3.300%, 06/17/2038		69,684		2,305
2.800%, 06/17/2034		28,924		910
2.750%, 06/17/2052		1,861		56
2.650%, 06/17/2028		100,000		3,029
2.500%, 11/17/2029		31,000		944
2.000%, 06/17/2042		44,962		1,246
1.600%, 12/17/2029		15,300		448
				14,563

Trinidad & Tobago — 0.4%
Heritage Petroleum
9.000%, 08/12/2029	$	1,300		1,339
Port of Spain Waterfront Development
7.875%, 02/19/2040(A)		1,839		1,825
Telecommunications Services of Trinidad & Tobago
8.875%, 10/18/2029		700		709
				3,873

Tunisia — 0.1%
Tunisian Republic
6.375%, 07/15/2026	EUR	977		1,014


Türkiye — 4.3%
Hazine Mustesarligi Varlik Kiralama
8.509%, 01/14/2029(A)	$	1,928		2,046
Limak Yenilenebilir Enerji
9.625%, 08/12/2030(A)		500		492
TC Ziraat Bankasi
7.250%, 02/04/2030(A)		1,371		1,348
Turkiye Government Bond
36.000%, 08/12/2026	TRY	260,000		6,284
31.080%, 11/08/2028		150,307		3,611
30.000%, 09/12/2029		130,000		3,018
27.700%, 09/27/2034		25,678		603

SEI Institutional International Trust


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
26.200%, 10/05/2033	TRY	243,716	$	5,445
17.300%, 07/19/2028		39,408		686
12.600%, 10/01/2025		31,244		715
Turkiye Government International Bond
7.125%, 02/12/2032	$	2,099		2,064
7.125%, 07/17/2032		1,412		1,386
6.500%, 01/03/2035		2,220		2,063
5.750%, 05/11/2047		8,689		6,495
Zorlu Enerji Elektrik Uretim
11.000%, 04/23/2030		2,250		2,184
11.000%, 04/23/2030(A)		700		679
				39,119

Ukraine — 0.9%
NAK Naftogaz Ukraine via Kondor Finance
7.125%, 07/19/2026	EUR	437		415
NPC Ukrenergo
6.875%, 11/09/2026		731		560
Ukraine Government International Bond
7.750%, 08/01/2041 (C)	$	1,580		1,147
1.750%, 02/01/2029(B)		235		152
1.750%, 02/01/2034(B)		862		457
1.750%, 02/01/2034(A)(B)		50		26
1.750%, 02/01/2035(A)(B)		2,464		1,281
1.750%, 02/01/2035(B)		1,797		934
1.750%, 02/01/2036(B)		592		303
1.750%, 02/01/2036(A)(B)		50		26
0.000%, 02/01/2030(B)(D)		267		136
0.000%, 02/01/2034(B)(D)		2,321		911
0.000%, 02/01/2034(A)(B)(D)		34		13
0.000%, 02/01/2035(B)(D)		1,718		945
0.000%, 02/01/2035(A)(B)(D)		507		279
0.000%, 02/01/2036(B)(D)		705		386
0.000%, 02/01/2036(A)(B)(D)		24		13
				7,984

United Arab Emirates — 1.3%
Abu Dhabi Developmental Holding Co PJSC
5.250%, 10/02/2054(A)		309		287
Abu Dhabi Government International Bond
5.500%, 04/30/2054(A)		483		484
3.125%, 09/30/2049		3,568		2,434
Abu Dhabi Government International Bond MTN
1.700%, 03/02/2031		728		626
Abu Dhabi National Energy PJSC
4.750%, 03/09/2037(A)		516		495
Adnoc Murban Rsc
5.125%, 09/11/2054(A)		1,440		1,313
4.500%, 09/11/2034(A)		2,132		2,054
4.500%, 09/11/2034		1,239		1,193
Emirate of Dubai Government International Bonds MTN
3.900%, 09/09/2050		490		355


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Finance Department Government of Sharjah MTN
4.000%, 07/28/2050	$	2,304	$	1,492
Galaxy Pipeline Assets Bidco (A)
2.940%, 09/30/2040		346		282
2.625%, 03/31/2036		370		313
Pearl Petroleum
13.000%, 05/15/2028(A)		700		745
				12,073

United States — 0.1%
Avianca Midco 2 PLC
9.625%, 02/14/2030(A)		798		733
JPMorgan Chase Bank MTN
7.000%, 09/18/2030(A)(C)	IDR	4,433,000		268
				1,001

Uruguay — 1.2%
Oriental Republic of Uruguay
5.250%, 09/10/2060	$	462		422
Uruguay Government International Bond
9.750%, 07/20/2033	UYU	48,900		1,173
5.750%, 10/28/2034	$	3,056		3,178
5.442%, 02/14/2037		1,328		1,340
5.100%, 06/18/2050		201		186
Uruguay Monetary Regulation Bill
0.000%, 05/21/2025(E)(F)	UYU	21,238		498
0.000%, 05/28/2025(E)(F)		87,732		2,051
0.000%, 06/04/2025(E)(F)		69,637		1,625
0.000%, 07/11/2025(E)(F)		12,103		280
				10,753

Uzbekistan — 1.1%
Jscb Agrobank
9.250%, 10/02/2029	$	300		312
National Bank of Uzbekistan
19.875%, 07/05/2027	UZS	4,200,000		324
Republic of Uzbekistan International Bond
16.250%, 10/12/2026(A)		5,740,000		452
15.500%, 02/25/2028(A)		36,240,000		2,801
6.947%, 05/25/2032(A)	$	1,015		1,005
5.375%, 05/29/2027	EUR	680		742
3.900%, 10/19/2031	$	1,018		851
Uzbek Industrial and Construction Bank ATB
21.000%, 07/24/2027	UZS	10,220,000		798
8.950%, 07/24/2029	$	800		831
Uzbekneftegaz JSC
4.750%, 11/16/2028		1,492		1,337
				9,453

Venezuela — 1.1%
La Electricidad de Caracas
8.500%, 12/31/2059(G)		679		64
Petroleos de Venezuela
9.750%, 05/17/2035(G)		9,310		1,420

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)


Description	Face Amount (Thousands)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
9.000%, 11/17/2021(G)	$	4,300	$	645
6.000%, 05/16/2024(G)		7,785		1,059
6.000%, 05/16/2025(G)		2,892		395
6.000%, 11/15/2026(G)		2,181		300
5.500%, 04/12/2037(G)		1,740		236
5.500%, 04/12/2037(G)		755		103
5.375%, 04/12/2027(G)		2,186		296
5.375%, 04/12/2027(G)		1,563		212
Venezuela Government International Bond
12.750%, 08/23/2022(G)		3,154		625
11.950%, 08/05/2031(G)		8,587		1,718
9.250%, 05/07/2028(G)		1,805		339
9.000%, 05/07/2025	VE	5,700		1,007
8.250%, 12/05/2024(G)	$	1,852		324
7.750%, 10/13/2029(G)		7,794		1,266
				10,009

Vietnam — 0.1%
Mong Duong Finance Holdings BV
5.125%, 05/07/2029(A)		896		868


Zambia — 0.3%
Zambia Government International Bond
5.750%, 06/30/2033(B)		1,327		1,155
0.500%, 12/31/2053		1,630		987
0.500%, 12/31/2053(A)		353		214
				2,356

Total Global Bonds
(Cost $861,710) ($ Thousands)				844,718



U.S. TREASURY OBLIGATIONS — 1.3%
U.S. Treasury Bill
4.248%, 04/29/2025 (F)		1,300		1,296
4.245%, 04/08/2025 (F)		390		390
4.233%, 04/22/2025 (F)		2,400		2,394
U.S. Treasury Note
4.348%, USBMMY3M + 0.098%, 01/31/2027 (C)		3,900		3,899
3.125%, 08/31/2029		3,500		3,386

Total U.S. Treasury Obligations
(Cost $11,261) ($ Thousands)				11,365



LOAN PARTICIPATIONS — 0.3%
Cote d'Ivoire — 0.2%
Republic of Cote d'Ivoire, First Lien
0.000%, 07/10/2025 (I)		1,620		1,746


Description	Face Amount (Thousands)		Market Value ($ Thousands)
LOAN PARTICIPATIONS (continued)
Russia — 0.1%
SRBIJA
8.456%, 06/13/2029		1,000	$	1,075


Total Loan Participations
(Cost $2,768) ($ Thousands)				2,821



PURCHASED OPTIONS — 0.1%
Total Purchased Options
(Cost $1,195) ($ Thousands)				800

Total Investments in Securities — 95.4%
(Cost $876,934) ($ Thousands)			$	859,704


WRITTEN OPTIONS — (0.1)%
Total Written Options
(Premiums Received $496) ($ Thousands)			$	(320	)

SEI Institutional International Trust

A list of open exchange traded options contracts for the Fund at March 31, 2025, is as follows:

Description	Number of Contracts			Notional Amount (Thousands)			Exercise Price		Expiration Date		Value (Thousands)
PURCHASED OPTIONS — 0.1%
Put Options
EUR PUT/HUF CALL		7,700,000		$	3,041,500		$	395.00		6/5/2025	$	22
EUR PUT/MXN CALL		3,900,000			83,850			21.50		6/4/2025		22
USD PUT/HUF CALL		530,000			185,500			350.00		6/5/2025		45
USD PUT/ILS CALL		15,300,000			53,550			3.50		7/28/2025		55
USD PUT/MXN CALL		7,600,000			146,680			19.30		7/23/2025		31
USD PUT/ZAR CALL		15,300,000			280,755			18.35		7/28/2025		393
USD PUT/ZAR CALL		11,500,000			205,850			17.90		6/24/2025		135
USD PUT/ZAR CALL		7,000,000			127,050			18.15		5/2/2025		64

					4,124,735							767


Call Options
USD CALL/CNH PUT		1,400,000		$	10,780			7.70		7/7/2025	$	29
USD CALL/INR PUT		385,000			34,650			90.00		5/19/2025		4

					45,430							33


Total Purchased Options				$	4,170,165						$	800
WRITTEN OPTIONS — (0.1)%
Put Options
EUR PUT/HUF CALL		(9,240,000	)	$	(3,557,400	)		385.00		06/05/2025	$	(4	)
USD PUT/ILS CALL		(22,950,000	)		(78,030	)		3.40		07/28/2025		(31	)
USD PUT/MXN CALL		(7,600,000	)		(146,680	)		19.30		05/22/2025		(9	)
USD PUT/ZAR CALL		(10,500,000	)		(183,225	)		17.45		05/02/2025		(11	)
USD PUT/ZAR CALL		(15,350,000	)		(267,090	)		17.40		06/24/2025		(75	)
USD PUT/ZAR CALL		(22,950,000	)		(398,183	)		17.35		07/28/2025		(159	)

					(4,630,608	)						(289	)


Call Options
EUR CALL/MXN PUT		(1,950,000	)	$	(47,190	)		24.20		09/04/2025	$	(31	)



Total Written Options				$	(4,677,798	)					$	(320	)

A list of the open futures contracts held by the Fund at March 31, 2025, is as follows:

Type of Contract	Number of Contracts		Expiration Date		Notional Amount (Thousands)			Value (Thousands)			Unrealized Appreciation (Depreciation)(Thousands)
Short Contracts
Euro-Schatz		(9)		Jun-2025	$	(1,017	)	$	(1,040	)	$	1
U.S. 2-Year Treasury Note		(35)		Jun-2025		(7,207	)		(7,251	)		(44	)
U.S. 5-Year Treasury Note		(10)		Jun-2025		(1,069	)		(1,081	)		(12	)
U.S. 10-Year Treasury Note		(31)		Jun-2025		(3,384	)		(3,448	)		(64	)
					$	(12,677	)	$	(12,820	)	$	(119	)

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)

A list of the open forward foreign currency contracts held by the Fund at March 31, 2025, is as follows:

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Bank of America		04/02/25		EUR	617		PLN	2,575	$	(2	)
Bank of America		04/04/25		INR	16,000		USD	185		(3	)
Bank of America		04/14/25		TRY	2,429		USD	62		(1	)
Bank of America		04/30/25		USD	34		IDR	550,000		(1	)
Bank of America		05/05/25		EUR	3,873		PLN	16,275		1
Bank of America		05/05/25		CZK	4,875		USD	211		—
Bank of America		05/05/25		EUR	5,369		RON	26,800		2
Bank of America		05/05/25		USD	8,307		CZK	192,040		4
Bank of America		05/05/25		USD	11,546		PLN	44,830		2
Bank of America		05/06/25		USD	617		HUF	230,700		—
Bank of America		06/18/25		ZAR	30,620		USD	1,668		14
Bank of America		06/18/25		ZAR	30,530		USD	1,649		—
Barclays PLC		04/02/25		USD	19,489		BRL	113,570		340
Barclays PLC		04/03/25		USD	2,407		INR	210,989		61
Barclays PLC		04/03/25		USD	3,257		CLP	3,019,900		(85	)
Barclays PLC		04/03/25		INR	108,129		USD	1,250		(15	)
Barclays PLC		04/14/25		USD	1,063		TRY	41,000		(2	)
Barclays PLC		04/15/25		GBP	4,650		USD	5,648		(354	)
Barclays PLC		05/02/25		USD	3,195		CLP	3,019,900		(22	)
Barclays PLC		05/05/25		USD	6,034		BRL	35,004		37
BNP Paribas		04/02/25		BRL	13,900		USD	2,353		(73	)
BNP Paribas		05/27/25		TRY	64,563		USD	1,567		(20	)
Brown Brothers Harriman		04/14/25		USD	108		EUR	100		—
Brown Brothers Harriman		04/14/25		USD	384		JPY	57,000		(2	)
Brown Brothers Harriman		04/14/25		EUR	300		USD	326		2
Brown Brothers Harriman		04/14/25		EUR	17,190		USD	17,777		(805	)
Brown Brothers Harriman		04/15/25		USD	519		GBP	400		(2	)
Brown Brothers Harriman		06/27/25		ZAR	700		USD	38		—
Citigroup		04/14/25		TRY	27,740		USD	705		(12	)
Citigroup		04/15/25		USD	252		KZT	126,400		(2	)
Citigroup		04/25/25		PEN	17,073		USD	4,676		16
Citigroup		04/25/25		PEN	550		USD	150		—
Citigroup		05/02/25		COP	1,488,244		USD	353		(1	)
Citigroup		05/06/25		HUF	54,500		USD	146		—
Citigroup		05/13/25		USD	4,448		THB	149,530		(26	)
Citigroup		05/20/25		USD	374		NGN	620,957		24
Deutsche Bank		04/02/25		USD	9,762		BRL	56,845		163
Deutsche Bank		04/14/25		USD	3,312		TRY	128,986		25
Deutsche Bank		04/14/25		TRY	430,242		USD	11,449		320
Deutsche Bank		04/15/25		USD	82		KZT	41,390		—
Deutsche Bank		04/18/25		USD	353		KZT	178,030		(2	)
Deutsche Bank		04/21/25		USD	550		TRY	21,530		2
Deutsche Bank		04/22/25		USD	299		KZT	160,800		18
Deutsche Bank		04/30/25		USD	1,026		TRY	39,655		(21	)
Deutsche Bank		05/06/25		USD	1,391		ZAR	26,489		45
Deutsche Bank		05/06/25		ZAR	19,580		USD	1,041		(21	)
Deutsche Bank		05/12/25		HUF	660,440		USD	1,672		(95	)

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Deutsche Bank		05/19/25		USD	353		KZT	179,276	$	(2	)
Deutsche Bank		05/21/25		USD	2,310		INR	202,125		46
Deutsche Bank		06/18/25		USD	140		TRY	5,655		(5	)
Deutsche Bank		06/18/25		CNY	1,100		USD	153		—
Deutsche Bank		06/18/25		USD	1,471		ILS	5,342		(35	)
Deutsche Bank		06/18/25		USD	3,423		JPY	498,325		(60	)
Deutsche Bank		06/18/25		USD	3,609		HUF	1,334,522		(45	)
Deutsche Bank		06/18/25		MXN	5,200		USD	255		3
Deutsche Bank		06/18/25		ILS	9,170		USD	2,473		7
Deutsche Bank		06/18/25		RON	14,730		USD	3,220		31
Deutsche Bank		06/18/25		RON	2,606		USD	563		(1	)
Deutsche Bank		06/18/25		ZAR	8,868		USD	483		4
Deutsche Bank		06/18/25		ZAR	32,203		USD	1,740		—
Deutsche Bank		06/18/25		INR	54,781		USD	630		(7	)
Deutsche Bank		06/18/25		PHP	128,962		USD	2,246		(2	)
Deutsche Bank		06/18/25		TRY	385,985		USD	9,752		511
Deutsche Bank		06/18/25		HUF	499,069		USD	1,341		9
Deutsche Bank		06/26/25		USD	920		ZAR	17,135		5
Deutsche Bank		06/26/25		ZAR	17,061		USD	920		(1	)
Deutsche Bank		07/09/25		USD	4,951		CNY	35,829		47
Deutsche Bank		07/25/25		MXN	10,954		USD	532		5
Deutsche Bank		07/30/25		USD	2,878		ILS	10,269		(114	)
Deutsche Bank		07/30/25		ILS	4,416		USD	1,224		35
Deutsche Bank		09/17/25		USD	9,093		TRY	385,985		(666	)
Deutsche Bank		09/17/25		TRY	154,041		USD	3,355		(8	)
Goldman Sachs		04/02/25		USD	476		BRL	2,800		13
Goldman Sachs		04/02/25		BRL	1,900		USD	333		2
Goldman Sachs		05/02/25		CLP	286,000		USD	300		—
Goldman Sachs		05/27/25		USD	1,617		TRY	72,129		156
Goldman Sachs		10/09/25		USD	2,281		TRY	101,543		(110	)
HSBC		04/03/25		PEN	15,586		USD	4,230		(26	)
HSBC		04/03/25		COP	19,053,159		USD	4,572		29
HSBC		04/04/25		INR	120,600		USD	1,408		(3	)
HSBC		04/09/25		USD	283		IDR	4,683,729		(1	)
HSBC		04/14/25		USD	367		TRY	13,800		(10	)
HSBC		04/14/25		TRY	6,900		USD	184		6
HSBC		04/25/25		ZAR	7,750		USD	420		(1	)
HSBC		04/30/25		USD	232		TRY	8,970		(5	)
HSBC		05/13/25		THB	8,300		USD	246		1
HSBC		05/13/25		THB	3,900		USD	115		—
HSBC		05/27/25		USD	1,402		INR	120,600		3
ICBC Financial Services		05/05/25		USD	2,191		EGP	114,789		39
ICBC Financial Services		05/14/25		USD	1,598		KZT	811,960		(7	)
ICBC Financial Services		05/19/25		KZT	166,300		USD	326		—
ICBC Financial Services		08/05/25		USD	556		EGP	30,411		12
Instinet, LLC		04/02/25		CZK	4,160		USD	–		1
JPMorgan Chase Bank		04/02/25		USD	489		BRL	2,874		13
JPMorgan Chase Bank		04/02/25		USD	693		HUF	266,800		22
JPMorgan Chase Bank		04/02/25		BRL	1,700		USD	298		1
JPMorgan Chase Bank		04/02/25		EUR	3,289		PLN	13,700		(20	)

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
JPMorgan Chase Bank		04/02/25		EUR	5,371		RON	26,800	$	13
JPMorgan Chase Bank		04/02/25		USD	5,928		RON	28,400		234
JPMorgan Chase Bank		04/02/25		USD	8,700		CZK	209,650		363
JPMorgan Chase Bank		04/02/25		USD	11,580		PLN	46,310		361
JPMorgan Chase Bank		04/07/25		USD	541		TRY	20,223		(12	)
JPMorgan Chase Bank		04/07/25		TRY	20,223		USD	525		(5	)
JPMorgan Chase Bank		04/10/25		HKD	73,300		USD	9,434		9
JPMorgan Chase Bank		04/11/25		USD	106		COP	437,239		(2	)
JPMorgan Chase Bank		04/11/25		COP	4,873,960		USD	1,183		21
JPMorgan Chase Bank		04/14/25		USD	5,673		TRY	213,397		(153	)
JPMorgan Chase Bank		04/14/25		TRY	25,432		USD	646		(12	)
JPMorgan Chase Bank		04/16/25		USD	771		HUF	308,398		55
JPMorgan Chase Bank		04/16/25		HUF	1,520		USD	4		—
JPMorgan Chase Bank		04/16/25		USD	1,905		PHP	110,938		32
JPMorgan Chase Bank		04/17/25		USD	5,146		KZT	2,795,117		373
JPMorgan Chase Bank		04/21/25		USD	1		PEN	4		—
JPMorgan Chase Bank		04/22/25		IDR	46,113,816		USD	2,800		29
JPMorgan Chase Bank		04/23/25		USD	730		INR	63,725		14
JPMorgan Chase Bank		04/24/25		IDR	64,372,459		USD	3,918		51
JPMorgan Chase Bank		04/25/25		ZAR	75,480		USD	4,135		39
JPMorgan Chase Bank		04/30/25		USD	347		IDR	5,700,000		(5	)
JPMorgan Chase Bank		04/30/25		USD	3,883		TRY	150,045		(83	)
JPMorgan Chase Bank		05/05/25		USD	2,145		PHP	125,982		54
JPMorgan Chase Bank		05/05/25		USD	6,157		RON	28,400		2
JPMorgan Chase Bank		05/05/25		USD	5,484		BRL	31,716		17
JPMorgan Chase Bank		05/05/25		USD	8,867		BRL	51,102		(4	)
JPMorgan Chase Bank		05/05/25		PHP	73,160		USD	1,242		(35	)
JPMorgan Chase Bank		05/07/25		USD	505		TRY	20,223		5
JPMorgan Chase Bank		05/12/25		USD	0		RON	1		—
JPMorgan Chase Bank		05/12/25		USD	78		ZAR	1,461		1
JPMorgan Chase Bank		05/12/25		USD	258		ZAR	4,748		(1	)
JPMorgan Chase Bank		05/12/25		USD	1,342		MXN	27,891		14
JPMorgan Chase Bank		05/12/25		USD	147		MXN	2,981		(3	)
JPMorgan Chase Bank		05/12/25		USD	1,548		PLN	6,278		69
JPMorgan Chase Bank		05/12/25		MXN	85,399		USD	4,109		(43	)
JPMorgan Chase Bank		05/12/25		ZAR	117,387		USD	6,272		(91	)
JPMorgan Chase Bank		05/13/25		THB	15,000		USD	441		(3	)
JPMorgan Chase Bank		05/19/25		USD	613		EGP	32,298		11
JPMorgan Chase Bank		05/19/25		USD	754		PHP	43,821		11
JPMorgan Chase Bank		05/19/25		USD	8,355		KRW	12,038,989		(166	)
JPMorgan Chase Bank		05/19/25		PHP	37,038		USD	637		(9	)
JPMorgan Chase Bank		05/20/25		USD	302		NGN	490,083		12
JPMorgan Chase Bank		05/20/25		NGN	1,111,039		USD	668		(44	)
JPMorgan Chase Bank		05/27/25		USD	618		EGP	32,584		9
JPMorgan Chase Bank		05/27/25		USD	1,194		INR	102,859		4
JPMorgan Chase Bank		06/02/25		PHP	80,797		USD	1,392		(17	)
JPMorgan Chase Bank		06/03/25		USD	294		BRL	1,700		(1	)
JPMorgan Chase Bank		06/09/25		USD	494		CLP	471,884		1
JPMorgan Chase Bank		06/09/25		USD	1,142		CNY	8,257		9
JPMorgan Chase Bank		06/09/25		USD	2,904		THB	97,984		(1	)

SEI Institutional International Trust

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
JPMorgan Chase Bank		06/09/25		BRL	24,541		USD	4,162	$	(62	)
JPMorgan Chase Bank		06/10/25		USD	1,512		EUR	1,405		12
JPMorgan Chase Bank		06/10/25		USD	3,516		HUF	1,345,763		79
JPMorgan Chase Bank		06/10/25		HUF	565,899		USD	1,512		—
JPMorgan Chase Bank		06/18/25		USD	64		EUR	59		—
JPMorgan Chase Bank		06/18/25		USD	163		COP	690,291		—
JPMorgan Chase Bank		06/18/25		USD	285		TRY	11,296		(15	)
JPMorgan Chase Bank		06/18/25		USD	480		PEN	1,748		(4	)
JPMorgan Chase Bank		06/18/25		USD	796		IDR	13,149,981		(10	)
JPMorgan Chase Bank		06/18/25		USD	1,713		CLP	1,572,670		(61	)
JPMorgan Chase Bank		06/18/25		USD	2,422		INR	212,587		51
JPMorgan Chase Bank		06/18/25		CZK	2,873		USD	126		1
JPMorgan Chase Bank		06/18/25		USD	4,154		EGP	219,561		28
JPMorgan Chase Bank		06/18/25		THB	6,676		USD	198		—
JPMorgan Chase Bank		06/18/25		PLN	7,759		USD	2,009		14
JPMorgan Chase Bank		06/18/25		ZAR	31,940		USD	1,740		14
JPMorgan Chase Bank		06/18/25		MXN	40,104		USD	1,955		15
JPMorgan Chase Bank		06/18/25		TRY	60,924		USD	1,469		11
JPMorgan Chase Bank		06/18/25		INR	215,080		USD	2,493		(9	)
JPMorgan Chase Bank		06/18/25		COP	7,030,150		USD	1,677		17
JPMorgan Chase Bank		06/23/25		NGN	4,120,000		USD	2,559		(53	)
JPMorgan Chase Bank		06/24/25		TRY	75,722		USD	1,739		(62	)
JPMorgan Chase Bank		07/08/25		USD	2,606		TRY	107,890		(76	)
JPMorgan Chase Bank		07/30/25		USD	189		ZAR	3,474		(2	)
JPMorgan Chase Bank		09/10/25		USD	1,816		TRY	76,700		(129	)
JPMorgan Chase Bank		09/17/25		USD	460		TRY	19,500		(34	)
JPMorgan Chase Bank		11/25/25		RON	30,000		EUR	5,757		(141	)
Montgomery/Bank of America		04/14/25		USD	312		EUR	300		12
Morgan Stanley		04/02/25		PLN	630		USD	164		1
Morgan Stanley		04/02/25		BRL	6,917		USD	1,217		10
Morgan Stanley		04/02/25		HUF	36,100		USD	99		2
Morgan Stanley		04/10/25		USD	448		PEN	1,700		16
Morgan Stanley		04/25/25		PEN	17,426		USD	4,777		20
Morgan Stanley		05/02/25		MXN	4,250		USD	207		—
Morgan Stanley		05/02/25		COP	15,405,159		USD	3,649		(12	)
Morgan Stanley		05/19/25		USD	455		IDR	7,480,000		(7	)
Morgan Stanley		05/19/25		USD	1,592		KZT	811,960		(3	)
Morgan Stanley		05/19/25		COP	7,400,000		USD	1,751		(3	)
Morgan Stanley		06/06/25		USD	1,535		EUR	1,443		29
Morgan Stanley		06/06/25		MXN	32,386		USD	1,535		(34	)
Morgan Stanley		06/18/25		USD	185		ZAR	3,412		—
Morgan Stanley		06/18/25		USD	486		CLP	455,562		(7	)
Morgan Stanley		06/18/25		USD	577		PLN	2,243		—
Morgan Stanley		06/18/25		USD	1,888		MXN	38,247		(38	)
Morgan Stanley		06/18/25		USD	2,032		THB	68,274		(8	)
Morgan Stanley		06/18/25		USD	716		HUF	268,536		1
Morgan Stanley		06/18/25		USD	2,757		HUF	1,015,763		(44	)
Morgan Stanley		06/18/25		PEN	14,953		USD	4,076		(1	)
Morgan Stanley		06/18/25		ZAR	78,097		USD	4,259		39
Morgan Stanley		06/18/25		MXN	89,595		USD	4,376		42

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Continued)

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)			Unrealized Appreciation (Depreciation) (Thousands)
Morgan Stanley		06/18/25		HUF	123,690		USD	335	$	4
Morgan Stanley		06/18/25		IDR	2,988,116		USD	180		1
Morgan Stanley		06/18/25		COP	52,327,271		USD	12,514		156
Morgan Stanley		07/30/25		ZAR	2,464		USD	131		(1	)
RBC		04/02/25		EUR	73		PLN	305		—
SCB Securities		04/03/25		PEN	980		USD	268		—
SCB Securities		04/04/25		USD	1,826		INR	160,000		46
SCB Securities		04/04/25		INR	23,400		USD	268		(6	)
SCB Securities		04/21/25		USD	166		MXN	3,336		(3	)
SCB Securities		04/25/25		USD	593		TRY	23,481		6
SCB Securities		04/30/25		IDR	14,747,000		USD	893		9
SCB Securities		05/05/25		USD	1,254		INR	107,529		—
SCB Securities		05/05/25		USD	5,844		BRL	33,850		26
SCB Securities		05/27/25		TRY	7,566		USD	183		(3	)
SCB Securities		06/12/25		USD	787		UZS	10,400,000		17
SCB Securities		06/18/25		EUR	4,118		USD	4,517		49
SCB Securities		06/18/25		USD	115		EUR	106		—
SCB Securities		06/18/25		USD	4,088		EUR	3,725		(46	)
SCB Securities		07/21/25		USD	771		UZS	10,411,753		34
SCB Securities		07/22/25		USD	664		UZS	8,986,987		31
SCB Securities		10/24/25		USD	550		UZS	7,547,205		33
SCB Securities		10/28/25		USD	551		UZS	7,547,205		32
SCB Securities		10/30/25		USD	110		UZS	1,504,007		6
SCB Securities		11/06/25		USD	524		UZS	7,161,937		29
Societe Generale		04/02/25		CZK	13,450		USD	560		(21	)
Societe Generale		04/15/25		USD	182		KZT	96,000		8
Societe Generale		05/05/25		RON	900		USD	195		—
Societe Generale		05/20/25		USD	1,427		KZT	733,514		8
Societe Generale		05/20/25		EGP	25,500		USD	483		(9	)
Societe Generale		05/27/25		USD	153		EGP	8,000		1
Societe Generale		07/07/25		USD	1,362		EGP	73,000		17
Standard Bank		06/18/25		USD	838		CNY	6,043		5
Standard Bank		06/18/25		USD	923		PEN	3,361		(7	)
Standard Bank		06/18/25		USD	2,305		THB	77,451		(8	)
Standard Bank		06/18/25		USD	4,967		MYR	21,967		9
Standard Bank		06/18/25		USD	9,092		TRY	369,034		(257	)
Standard Bank		07/30/25		ZAR	37,774		USD	1,989		(45	)
Standard Bank		09/17/25		TRY	75,722		USD	1,636		(17	)
UBS		05/05/25		PLN	1,849		USD	476		—
Wells Fargo		04/02/25		PLN	850		USD	213		(6	)
Wells Fargo		04/03/25		PEN	860		USD	233		(1	)
Wells Fargo		04/03/25		USD	883		COP	3,648,000		(13	)
Wells Fargo		04/21/25		MXN	6,300		USD	311		4
Wells Fargo		04/25/25		USD	1,050		ZAR	19,070		(15	)
									$	176

SEI Institutional International Trust

A list of the open OTC swap agreements held by the Fund at March 31, 2025, 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		Buy		1.00%		Quarterly		12/20/2026	$	4,300	$	(2	)	$	(10	)	$	8
Bank of America		ISRAEL		Buy		1.00%		Quarterly		12/20/2029		900		(5	)		18			(23	)
JPMorgan Chase		ISRAEL		Buy		1.00%		Quarterly		12/20/2029		300		(2	)		5			(7	)
Morgan Stanley		MEXICO		Buy		1.00%		Quarterly		12/20/2029		4,800		51			37			14
Morgan Stanley		MORD		Buy		1.00%		Quarterly		12/20/2025		5,000		15			22			(7	)
Morgan Stanley		MORD		Sell		1.00%		Quarterly		12/20/2029		500		(41	)		(33	)		(8	)
Morgan Stanley		MSCI		Buy		1.00%		Quarterly		12/20/2028		1,700		236			473			(237	)
JPMorgan Chase		SOUTH AFRICA		Buy		1.00%		Quarterly		12/20/2026		3,300		4			(18	)		22
Morgan Stanley		SOUTH AFRICA		Buy		1.00%		Quarterly		12/20/2029		2,300		106			75			31
													$	362		$	569		$	(207	)

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)

JPMorgan Chase

PAYB TRS JPEICRIG 4/4/25

JP MORGAN EMBI GLOBAL CORE JPEICRIG

FR -95 BPS

Monthly

04/04/2025

USD

1,030

–

A list of the open centrally cleared swap agreements held by the Fund at March 31, 2025, 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.42.V1 1.0 12/20/29

Buy

1.00%

Quarterly

12/20/2029

6,200

170

165

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)
CETIP		15%		Annually		01/02/2029		BRL		56,336	$	124		$	(4	)	$	128
2.2% FIXED		ID EURIB		Annually		03/19/2035		EUR		8,700		378			27			351
BZDIOVRA		14.86% FIXED		Annually		01/02/2029		BRL		35,793		49			–			49
.7797%: FIXED		SOFR		Annually		12/18/2054		USD		2,410		21			–			21
2.2322% FIXED		6-MONTH EURIBOR		Annually		12/18/2034		EUR		1,900		74			–			74
BZDIOVRA		15.62% FIXED		Annually		01/04/2027		BRL		26,226		52			–			52
BZDIOVRA		15.38%		Annually		01/02/2029		BRL		6,579		30			–			30
BZDIOVRA		15.155%		Annually		01/02/2029		BRL		13,725		44			–			44
6M WIBR		4.94%		Semi-Annually		03/19/2028		PLN		2,000		3			–			3
SOFRRATE		4.07%		Annually		02/13/2030		USD		3,630		63			(1	)		64
BZDIOVRA		14.495%		Annually		01/04/2027		BRL		38,886		(46	)		–			(46	)
BZDIOVRA		14.72%		Annually		01/02/2029		BRL		25,498		12			–			12
6M PRIBR		3.68%		Semi-Annually		06/18/2030		CZK		65,000		16			(5	)		21
3.9%		6M PRIB		Annually		06/18/2035		CZK		93,000		(37	)		13			(50	)
8.8%		COOVIBR		Quarterly		06/18/2035		COP		12,000,000		68			2			66
6M BUBOR		6.4%		Semi-Annually		06/18/2028		HUF		2,100,000		(33	)		(15	)		(18	)
TTHORON		1.718%		Quarterly		06/18/2030		THB		52,000		13			–			13
MIBOR		5.96%		Semi-Annually		06/18/2030		INR		1,240,000		39			–			39

SEI Institutional International Trust

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Emerging Markets Debt Fund (Concluded)

Fund Pays	Fund Receives		Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Depreciation) (Thousands)
6M BUBOR		6.71%		Semi-Annually		06/18/2030		HUF		451,700	$	(2	)	$	–		$	(2	)
6M WIBR		4.8%		Semi-Annually		06/18/2028		PLN		27,000		41			(15	)		56
BZDIOVRA		14.38%		Annually		01/02/2029		BRL		12,935		(20	)		–			(20	)
6M WIBR		4.8%		Semi-Annually		06/18/2030		PLN		28,000		66			(29	)		95
5.05%		6M WIBR		Annually		06/18/2035		PLN		17,000		(74	)		32			(106	)
6M WIBR		4.9%		Semi-Annually		06/18/2027		PLN		5,000		5			(2	)		7
6M BUBOR		6.62%		Semi-Annually		06/18/2028		HUF		381,300		–			–			–
4.94%		CLICP		Semi-Annually		06/18/2027		CLP		7,700,000		(8	)		(3	)		(5	)
MIBOR		5.94%		Semi-Annually		06/18/2030		INR		60,000		4			–			4
CLICP		5.155%		Semi-Annually		06/18/2030		CLP		3,620,000		10			–			10
5.36%		CLICP		Semi-Annually		06/18/2035		CLP		1,030,000		2			–			2
8.458%		MXIBTIEF		Monthly		06/06/2035		MXN		165,000		(46	)		–			(46	)
MXIBTIEF		8.12%		Monthly		06/12/2030		MXN		220,400		46			15			31
BZDIOVRA		14.77%		Annually		01/02/2029		BRL		9,973		7			–			7
3.8932%		SOFRRATE		Annually		03/28/2035		USD		1,975		(16	)		–			(16	)
8.986%		3M JIBAR		Quarterly		06/18/2035		ZAR		82,800		(32	)		–			(32	)
6M BUBOR		6.75%		Semi-Annually		06/18/2030		HUF		295,700		–			–			–
China 7-Day Reverse Repo Rate		1.416%		Quarterly		12/17/2029		CNY		64,070		(71	)		–			(71	)
INR OVERNIGHT MIBOR		6.08%		Semi-Annually		12/19/2029		INR		908,000		78			–			78
6-MONTH PRIBOR		3.6745%		Semi-Annually		12/20/2034		CZK		182,300		(65	)		(5	)		(60	)
6-MONTH PRIBOR		3.612%		Semi-Annually		12/20/2030		CZK		16,900		1			–			1
6-MONTH PRIBOR		3.597%		Semi-Annually		12/20/2028		CZK		24,400		3			–			3
6-MONTH WIBOR		5.0295%		Semi-Annually		12/20/2034		PLN		4,200		16			–			16
Overnight TIIE Funding Rate		8.89%		Monthly		12/18/2026		MXN		420,664		316			(8	)		324
1-DAY BRL - CETIP		15.69%		Annually		01/04/2027		BRL		39,100		85			–			85
1-DAY BRL - CETIP		15.26%		Annually		01/02/2029		BRL		18,400		71			–			71
Overnight TIIE Funding Rate		9.002%		Monthly		12/08/2034		MXN		5,400		12			6			6
Overnight TIIE Funding Rate		8.905%		Monthly		12/18/2026		MXN		199,336		152			–			152
THAI OVERNIGHT REPURCHASE RATE (THOR)		1.9045%		Quarterly		12/20/2029		THB		110,700		54			–			54
MIBOR		6.0675%		Semi-Annually		02/03/2030		INR		112,285		9			–			9
MIBOR		6.04%		Semi-Annually		02/04/2030		INR		638,920		44			–			44
Overnight TIIE Funding Rate		8.5235%		Monthly		02/20/2035		MXN		13,600		7			3			4
OVERNIGHT CDI (CETIP) RATE		14.45%		Annually		01/04/2027		BRL		63,310		(82	)		–			(82	)
2.0195%		THAI OVERNIGHT REPURCHASE RATE (THOR)		Quarterly		03/21/2035		THB		21,630		(9	)		–			(9	)
KWCDC		2.6645%		Quarterly		03/19/2030		KRW		1,734,000		(6	)		–			(6	)
KWCDC		2.6805%		Quarterly		03/19/2030		KRW		1,866,000		(6	)		–			(6	)
SOFR		4.00% FIXED		Annually		09/18/2034		USD		10,000		171			83			88
3.7% FIXED		SONIA		Annually		03/20/2054		GBP		2,500		382			(29	)		411
2.8% FIXED		3-MONTH THOR		Quarterly		03/20/2034		THB		86,000		(188	)		(22	)		(166	)
2.4% FIXED		6-MONTH EURIBOR		Annually		03/20/2054		EUR		800		42			25			17
3-MONTH JIBOR		9.15% FIXED		Quarterly		03/20/2039		ZAR		30,700		52			16			36
1.1% FIXED		1-DAY TONAR		Annually		09/18/2034		JPY		726,000		81			(8	)		89
											$	2,002		$	76		$	1,926

SEI Institutional International Trust

	Percentages are based on Net Assets of $901,293 ($ 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, 2025, the value of these securities amounted to $85,952 ($ Thousands), representing 9.5% 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)	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.
(D)	No interest rate available.
(E)	Zero coupon security.
(F)	Interest rate represents the security's effective yield at the time of purchase.
(G)	Security is in default on interest payment.
(H)	Perpetual security with no stated maturity date.
(I)	Unsettled bank loan. Interest rate may not be available.

The following is a summary of the level of inputs used as of March 31, 2025, 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

–

844,718

–

844,718

U.S. Treasury Obligations

–

11,365

–

11,365

Loan Participations

–

2,821

–

2,821

Purchased Options

800

–

800

Total Investments in Securities

800

858,904

–

859,704

Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Written Options		(320	)		–			–		(320	)
Futures Contracts*
Unrealized Appreciation		–			1			–		1
Unrealized Depreciation		–			(120	)		–		(120	)
Forward Contracts*
Unrealized Appreciation		–			4,835			–		4,835
Unrealized Depreciation		–			(4,659	)		–		(4,659	)
OTC Swaps
Credit Default Swaps*
Unrealized Appreciation		–			75			–		75
Unrealized Depreciation		–			(282	)		–		(282	)
Total Return Swap*
Unrealized Appreciation		–			11			–		11
Centrally Cleared Swaps
Credit Default Swaps*
Unrealized Appreciation		–			5			–		5
Interest Rate Swaps*
Unrealized Appreciation		–			2,667			–		2,667
Unrealized Depreciation		–			(741	)		–		(741	)
Total Other Financial Instruments		(320	)		1,792			–		1,472

*	Futures contracts, forward 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.

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

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

SOFRRATE — U.S. SOFR

SEI Institutional International Trust

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

SEI Institutional International Trust

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

March 31, 2025

	International Equity Fund		Emerging Markets Equity Fund		International Fixed Income Fund			Emerging Markets Debt Fund
Assets:
Investments, at value ^†	$	3,334,728	$	1,370,485	$	344,991		$	859,704
Affiliated investments, at value ^†^†		28,568		10,180		–			–
Cash		47,956		11,841		6,177			22,682
Cash pledged as collateral for forward foreign currency contracts		–		–		6,500			–
Cash pledged as collateral for futures contracts		1,968		324		809			116
Cash pledged as collateral on centrally cleared swap contracts		–		–		1,455			6,930
Cash pledged as collateral on OTC swap contracts		–		–		690			–
Foreign currency, at value ^†^†^†		3,566		5,848		1,106			2,112
Receivable for fund shares sold		547		215		20			238
Receivable for investment securities sold		42,670		3,755		7,283			3,787
Dividends and interest receivable		10,634		5,277		3,632			16,707
Unrealized gain on forward foreign currency contracts		–		–		3,019			4,835
Unrealized gain on foreign spot currency contracts		11		–		140			–
OTC Swap contracts, at value ^†^†^†^†		7,286		–		–			430
Foreign tax reclaim receivable		23,197		227		–			–
Receivable for variation margin		–		–		135			319
Prepaid expenses		53		21		6			14
Total Assets		3,501,184		1,408,173		375,963			917,874
Liabilities:
Payable for investment securities purchased		47,564		2,721		8,073			9,408
Payable for fund shares redeemed		4,617		1,502		224			855
OTC Swap contracts, at value ^†^†^†^†		–		–		–			49
Options written, at value ^†^†^†^†^†		–		–		–			320
Payable for variation margin		560		29		120			321
Administration fees payable		787		259		90			251
Unrealized loss on foreign currency spot contracts		–		2		76			100
Unrealized loss on forward foreign currency contracts		–		–		9,769			4,659
Trustees fees payable		22		9		2			6
Chief compliance officer fees payable		9		3		1			2
Administrative servicing fees payable		4		–		–			–
Shareholder servicing fees payable		118		276		69			176
Investment advisory fees payable		1,522		849		91			288
Accrued expense payable		328		306		88			146
Accrued foreign capital gains tax on appreciated securities		–		2,343		–			–
Total Liabilities		55,531		8,299		18,603			16,581
Net Assets	$	3,445,653	$	1,399,874	$	357,360		$	901,293
^† Cost of investments	$	2,852,287	$	1,175,905	$	364,345		$	876,934
^†^† Cost of affiliated investments		28,568		10,180		–			–
^†^†^† Cost of foreign currency		3,573		5,346		(25,411	)		2,311
^†^†^†^† Cost (premiums received)		–		–		–			602
^†^†^†^†^† Premiums received from written options		–		–		–			496

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

	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)	$	2,788,484		$	1,328,714		$	418,895		$	1,212,056
Total distributable earnings/(loss)		657,169			71,160			(61,535	)		(310,763	)
Net Assets	$	3,445,653		$	1,399,874		$	357,360		$	901,293
Net Asset Value, Offering and Redemption Price Per Share — Class F	$	12.08		$	11.25		$	8.97		$	8.73
		($3,078,297,399 ÷ 254,733,272 shares	)		($1,274,344,670 ÷ 113,265,682 shares	)		($322,753,672 ÷ 35,994,285 shares	)		($818,025,911 ÷ 93,733,038 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class I	$	12.13			N/A			N/A			N/A
		($915,594 ÷ 75,631 shares	)
Net Asset Value, Offering and Redemption Price Per Share — Class Y	$	12.07		$	11.25		$	9.04		$	8.65
		($366,439,598 ÷ 30,360,010 shares	)		($125,529,693 ÷ 11,162,860 shares	)		($34,606,778 ÷ 3,829,514 shares	)		($83,267,428 ÷ 9,625,648 shares	)

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

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

SEI Institutional International Trust

STATEMENTS OF OPERATIONS (Unaudited) ($ Thousands)

For the six months ended March 31, 2025

	International Equity Fund			Emerging Markets Equity Fund			International Fixed Income Fund			Emerging Markets Debt Fund
Investment Income:
Dividends	$	40,285		$	17,561		$	–		$	–
Income from affiliated investments⁽¹⁾		866			324			–			–
Interest income		2,494			227			6,294			37,639
Less: foreign taxes withheld		(3,988	)		(2,468	)		(58	)		(282	)
Total Investment Income		39,657			15,644			6,236			37,357
Expenses:
Investment advisory fees		8,828			5,043			552			2,815
Administration fees		5,475			2,735			699			1,783
Shareholder servicing fees — Class F		3,925			1,643			414			1,066
Shareholder servicing fees — Class I		1			–			–			–
Administrative servicing fees — Class I		1			–			–			–
Proxy fees		368			146			39			98
Printing fees		302			125			32			81
Custodian/wire agent fees		284			399			101			243
Professional fees		98			40			10			26
Trustees' fees		49			20			5			13
Registration fees		49			19			5			14
Chief compliance officer fees		16			7			2			4
Other expenses		108			45			47			90
Total Expenses		19,504			10,222			1,906			6,233
Less:
Waiver of investment advisory fees		–			–			–			(1,079	)
Waiver of administration fees		(794	)		(1,137	)		(141	)		(177	)
Waiver of shareholder servicing fees — Class F		(31	)		–			–			–
Net Expenses		18,679			9,085			1,765			4,977
Net Investment Income		20,978			6,559			4,471			32,380
Net Realized Gain (Loss) on:
Investments		246,518			35,041			(14,400	)		(18,445	)
Written options		–			–			–			158
Futures contracts		2,646			1,361			336			(1,184	)
Swap contracts		26,641			–			304			(2,074	)
Capital gains tax		(143	)		(2,450	)		–			–
Foreign currency transactions		(1,742	)		(878	)		(21,898	)		(2,046	)
Forward foreign currency contracts		–			–			19,139			3,082
Net Realized Gain (Loss)		273,920			33,074			(16,519	)		(20,509	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(271,551	)		(116,485	)		(15,528	)		(28,798	)
Written options		–			–			–			176
Futures contracts		(1,114	)		(1,264	)		737			190
Swap contracts		11,801			–			626			2,629
Foreign capital gains tax on appreciated securities		–			5,107			–			–
Foreign currency translation of other assets and liabilities denominated in foreign currencies		(770	)		81			26,520			(262	)
Forward foreign currency contracts		–			–			(866	)		(2,927	)
Net Change in Unrealized Appreciation (Depreciation)		(261,634	)		(112,561	)		11,489			(28,992	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	33,264		$	(72,928	)	$	(559	)	$	(17,121	)

(1) See Note 5 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

STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)

For the six months ended March 31, 2025 (Unaudited) and the year ended September 30, 2024

	International Equity Fund						Emerging Markets Equity Fund
		2025			2024			2025			2024
Operations:
Net investment income	$	20,978		$	81,024		$	6,559		$	26,252
Net realized gain (loss)		273,920			290,264			33,074			36,361
Net change in unrealized appreciation (depreciation)		(261,634	)		509,103			(112,561	)		242,837
Net Increase (Decrease) in Net Assets Resulting from Operations		33,264			880,391			(72,928	)		305,450
Distributions:
Class F		(329,631	)		(72,176	)		(39,228	)		(20,675	)
Class I		(93	)		(18	)		N/A			N/A
Class Y		(37,136	)		(8,619	)		(4,098	)		(2,632	)
Total Dividends		(366,860	)		(80,813	)		(43,326	)		(23,307	)
Capital Share Transactions:
Class F:
Proceeds from shares issued		220,857			411,545			223,251			293,472
Reinvestment of dividends & distributions		299,664			66,280			35,742			18,879
Cost of shares redeemed		(821,473	)		(932,981	)		(338,506	)		(374,757	)
Net Decrease from Class F Transactions		(300,952	)		(455,156	)		(79,513	)		(62,406	)
Class I:
Proceeds from shares issued		13			11			N/A			N/A
Reinvestment of dividends & distributions		56			10			N/A			N/A
Cost of shares redeemed		(33	)		(179	)		N/A			N/A
Net Increase (Decrease) from Class I Transactions		36			(158	)		N/A			N/A
Class Y:
Proceeds from shares issued		45,222			41,659			16,448			20,826
Reinvestment of dividends & distributions		33,685			8,004			3,747			2,449
Cost of shares redeemed		(97,360	)		(76,567	)		(34,323	)		(40,461	)
Net Decrease from Class Y Transactions		(18,453	)		(26,904	)		(14,128	)		(17,186	)
Net Decrease in Net Assets Derived from Capital Share Transactions		(319,369	)		(482,218	)		(93,641	)		(79,592	)
Net Increase (Decrease) in Net Assets		(652,965	)		317,360			(209,895	)		202,551
Net Assets:
Beginning of Period		4,098,618			3,781,258			1,609,769			1,407,218
End of Period	$	3,445,653		$	4,098,618		$	1,399,874		$	1,609,769
Capital Share Transactions:
Class F:
Shares issued		17,749			34,994			19,144			27,103
Reinvestment of distributions		26,065			5,709			3,273			1,784
Shares redeemed		(65,187	)		(78,713	)		(29,085	)		(34,398	)
Total Class F Transactions		(21,373	)		(38,010	)		(6,668	)		(5,511	)
Class I:
Shares issued		1			1			N/A			N/A
Reinvestment of distributions		5			1			N/A			N/A
Shares redeemed		(2	)		(15	)		N/A			N/A
Total Class I Transactions		4			(13	)		N/A			N/A
Class Y:
Shares issued		3,827			3,508			1,427			1,922
Reinvestment of distributions		2,932			690			343			232
Shares redeemed		(7,653	)		(6,493	)		(2,898	)		(3,691	)
Total Class Y Transactions		(894	)		(2,295	)		(1,128	)		(1,537	)
Net Decrease in Shares Outstanding from Share Transactions		(22,263	)		(40,318	)		(7,796	)		(7,048	)

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

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

SEI Institutional International Trust

STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands) (Concluded)

For the six months ended March 31, 2025 (Unaudited) and the year ended September 30, 2024

	International Fixed Income Fund						Emerging Markets Debt Fund
		2025			2024			2025			2024
Operations:
Net investment income	$	4,471		$	9,645		$	32,380		$	69,828
Net realized gain (loss)		(16,519	)		(25,871	)		(20,509	)		(43,544	)
Net change in unrealized appreciation (depreciation)		11,489			53,759			(28,992	)		160,284
Net Increase (Decrease) in Net Assets Resulting from Operations		(559	)		37,533			(17,121	)		186,568
Distributions:
Class F		—			—			(28,758	)		(56,865	)
Class Y		—			—			(2,979	)		(5,453	)
Total Dividends		—			—			(31,737	)		(62,318	)
Capital Share Transactions:
Class F:
Proceeds from shares issued		25,150			55,633			42,127			106,380
Reinvestment of dividends & distributions		N/A			N/A			25,553			50,774
Cost of shares redeemed		(86,943	)		(88,862	)		(199,475	)		(379,686	)
Net Decrease from Class F Transactions		(61,793	)		(33,229	)		(131,795	)		(222,532	)
Class Y:
Proceeds from shares issued		1,988			4,711			5,253			11,669
Reinvestment of dividends & distributions		—			—			2,618			4,817
Cost of shares redeemed		(11,995	)		(18,151	)		(14,245	)		(24,736	)
Net Decrease from Class Y Transactions		(10,007	)		(13,440	)		(6,374	)		(8,250	)
Net Decrease in Net Assets Derived from Capital Share Transactions		(71,800	)		(46,669	)		(138,169	)		(230,782	)
Net Decrease in Net Assets		(72,359	)		(9,136	)		(187,027	)		(106,532	)
Net Assets:
Beginning of Period		429,719			438,855			1,088,320			1,194,852
End of Period	$	357,360		$	429,719		$	901,293		$	1,088,320
Capital Share Transactions:
Class F:
Shares issued		2,813			6,445			4,834			12,418
Reinvestment of distributions		—			—			2,951			6,011
Shares redeemed		(9,761	)		(10,258	)		(22,839	)		(44,187	)
Total Class F Transactions		(6,948	)		(3,813	)		(15,054	)		(25,758	)
Class Y:
Shares issued		221			542			608			1,375
Reinvestment of distributions		—			—			306			574
Shares redeemed		(1,337	)		(2,112	)		(1,646	)		(2,933	)
Total Class Y Transactions		(1,116	)		(1,570	)		(732	)		(984	)
Net Decrease in Shares Outstanding from Share Transactions		(8,064	)		(5,383	)		(15,786	)		(26,742	)

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

FINANCIAL HIGHLIGHTS

For the six months ended March 31, 2025 (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
2025^@	$	13.33	$	0.07	$	0.02		$	0.09		$	(0.37	)	$	(0.97	)	$	(1.34	)	$	12.08		1.46	%	$	3,078,297		1.09	%⁽²⁾		1.14	%		1.17	%		45	%
2024		10.87		0.24		2.46			2.70			(0.24	)		—			(0.24	)		13.33		25.13			3,680,808		1.10			1.10			2.04			72
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
Class I
2025^@	$	13.36	$	0.06	$	0.02		$	0.08		$	(0.34	)	$	(0.97	)	$	(1.31	)	$	12.13		1.28	%	$	916		1.34	%⁽³⁾		1.39	%		0.95	%		45	%
2024		10.90		0.21		2.46			2.67			(0.21	)		—			(0.21	)		13.36		24.78			961		1.35			1.35			1.78			72
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
Class Y
2025^@	$	13.34	$	0.09	$	0.02		$	0.11		$	(0.41	)	$	(0.97	)	$	(1.38	)	$	12.07		1.60	%	$	366,440		0.84	%⁽⁴⁾		0.89	%		1.47	%		45	%
2024		10.88		0.28		2.45			2.73			(0.27	)		—			(0.27	)		13.34		25.42			416,849		0.85			0.85			2.31			72
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
Emerging Markets Equity Fund
Class F
2025^@	$	12.17	$	0.05	$	(0.62	)	$	(0.57	)	$	(0.35	)	$	—		$	(0.35	)	$	11.25		(4.62	)%	$	1,274,344		1.28	%⁽⁵⁾		1.44	%		0.89	%		30	%
2024		10.10		0.19		2.05			2.24			(0.17	)		—			(0.17	)		12.17		22.43			1,459,994		1.44			1.57			1.72			70
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
Class Y
2025^@	$	12.19	$	0.07	$	(0.63	)	$	(0.56	)	$	(0.38	)	$	—		$	(0.38	)	$	11.25		(4.52	)%	$	125,530		1.03	%⁽⁶⁾		1.19	%		1.15	%		30	%
2024		10.11		0.21		2.07			2.28			(0.20	)		—			(0.20	)		12.19		22.82			149,775		1.19			1.32			1.94			70
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

@	For the six-month period ended March 31, 2025. 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.
(2)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.07%.
(3)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.32%.
(4)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.82%.
(5)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.26%.
(6)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.01%.

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

FINANCIAL HIGHLIGHTS

For the six months ended March 31, 2025 (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
2025^@	$	8.97	$	0.11	$	(0.11	)	$	—		$	—		$	—		$	—		$	8.97		8.99	%	$	322,754		0.98	%⁽²⁾		1.06	%		2.40	%		50	%
2024		8.23		0.19		0.55			0.74			—			—			—			8.97		8.99			385,079		1.01			1.04			2.17			167
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
Class Y
2025^@	$	9.03	$	0.12	$	(0.11	)	$	0.01		$	—		$	—		$	—		$	9.04		9.19	%	$	34,606		0.73	%⁽³⁾		0.81	%		2.65	%		50	%
2024		8.27		0.21		0.55			0.76			—			—			—			9.03		9.19			44,640		0.76			0.79			2.41			167
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
Emerging Markets Debt Fund
Class F
2025^@	$	9.14	$	0.30	$	(0.42	)	$	(0.12	)	$	(0.29	)	$	—		$	(0.29	)	$	8.73		(1.30	)%	$	818,026		1.08	%⁽⁴⁾		1.35	%		6.87	%		101	%
2024		8.19		0.53		0.88			1.41			(0.46	)		—			(0.46	)		9.14		17.75			994,439		1.11			1.38			6.16			103
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
Class Y
2025^@	$	9.06	$	0.31	$	(0.42	)	$	(0.11	)	$	(0.30	)	$	—		$	(0.30	)	$	8.65		(1.19	)%	$	83,267		0.83	%⁽⁵⁾		1.10	%		7.11	%		101	%
2024		8.15		0.55		0.86			1.41			(0.50	)		—			(0.50	)		9.06		17.95			93,881		0.86			1.13			6.43			103
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

@	For the six-month period ended March 31, 2025. 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.
(2)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.96%.
(3)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.71%.
(4)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 1.06%.
(5)	The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.81%.

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

NOTES TO FINANCIAL STATEMENTS

March 31, 2025 (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 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

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

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 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.

SEI Institutional International Trust

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, 2025 maximized the use of observable inputs and minimized the use of unobservable inputs.

For the six months ended March 31, 2025, there have been no significant changes to the inputs or the Trust’s fair valuation methodologies.

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

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

Amortization and accretion is calculated using the scientific interest method, which 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,

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NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

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, 2025, 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 regarding open futures contracts as of March 31, 2025, 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

SEI Institutional International Trust

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, 2025, 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 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, 2025, if applicable.

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

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 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

SEI Institutional International Trust

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.

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

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, 2025				Period ended March 31, 2025
	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	$	101	*	Unrealized depreciation on futures contracts	$	577	*
	Unrealized appreciation on swap contracts		7,286	^†	Unrealized depreciation on swap contracts		—	^†
Total derivatives not accounted for as hedging instruments		$	7,387			$	577

Emerging Markets Equity Fund
Equity contracts	Unrealized appreciation on futures contracts	$	—	*	Unrealized depreciation on futures contracts	$	352	*
Total derivatives not accounted for as hedging instruments		$	—			$	352

International Fixed Income Fund
Interest rate contracts	Unrealized appreciation on futures contracts	$	415	*	Unrealized depreciation on futures contracts	$	237	*
	Unrealized appreciation on swaps contracts		718	^†	Unrealized depreciation on swaps contracts		46	^†
Credit Contracts	Unrealized appreciation on swaps contracts		85	^†	Unrealized depreciation on swaps contracts		—	^†
Foreign exchange contracts	Unrealized gain on forward foreign currency contracts		3,019		Unrealized loss on forward foreign currency contracts		9,769
Total derivatives not accounted for as hedging instruments		$	4,237			$	10,052

Emerging Markets Debt Fund
Equity contracts	Unrealized appreciation on swaps contracts	$	11	*	Unrealized depreciation on swpas contracts	$	—	*
Interest rate contracts	Unrealized appreciation on futures contracts		1	*	Unrealized depreciation on futures contracts		120	*
	Unrealized appreciation on swaps contracts		2,667	^†	Unrealized depreciation on swaps contracts		741	^†
	Investments, at value**		800		Options written, at value		320
Credit Contracts	Unrealized appreciation on swaps contracts		75	^†	Unrealized depreciation on swaps contracts		282	^†
	Unrealized appreciation on swaps contracts		5	^†	Unrealized depreciation on swaps contracts		—	^†
Foreign exchange contracts	Unrealized gain on forward foreign currency contracts		4,835		Unrealized loss on forward foreign currency contracts		4,659
Total derivatives not accounted for as hedging instruments		$	8,394			$	6,122

* 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 purchased options.

^† 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

The effect of derivative instruments on the Statements of Operations for the six months ended March 31, 2025:

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		—		—		2,646			—		26,641			29,287
Total	$	—	$	—	$	2,646		$	—	$	26,641		$	29,287

Emerging Markets Equity Fund	$		$		$			$		$			$
Equity contracts		—		—		1,361			—		—			1,361
Total	$	—	$	—	$	1,361		$	—	$	—		$	1,361

International Fixed Income Fund	$		$		$			$		$			$
Interest rate contracts		—		—		336			—		(385	)		(49	)
Foreign exchange contracts		—		—		—			19,139		—			19,139
Credit contracts		—		—		—			—		689			689
Total	$	—	$	—	$	336		$	19,139	$	304		$	19,779

Emerging Markets Debt Fund	$		$		$			$		$			$
Interest rate contracts		—		—		(1,184	)		—		(1,802	)		(2,986	)
Foreign exchange contracts		—		—		—			3,082		—			3,082
Credit contracts		—		—		—			—		(272	)		(272	)
Total	$	—	$	—	$	(1,184	)	$	3,082	$	(2,074	)	$	(176	)

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		—		—		(1,114	)		—			11,801		10,687
Total	$	—	$	—	$	(1,114	)	$	—		$	11,801	$	10,687

Emerging Markets Equity Fund	$		$		$			$			$		$
Equity contracts		—		—		(1,264	)		—			—		(1,264	)
Total	$	—	$	—	$	(1,264	)	$	—		$	–	$	(1,264	)

International Fixed Income Fund	$		$		$			$			$		$
Interest rate contracts		—		—		737			—			561		1,298
Foreign exchange contracts		—		—		—			(866	)		—		(866	)
Credit contracts		—		—		—			—			65		65
Total	$	—	$	—	$	737		$	(866	)	$	626	$	497

Emerging Markets Debt Fund	$		$		$			$			$		$
Interest rate contracts		—		—		190			—			2,493		2,683
Foreign exchange contracts		—		—		—			(2,927	)		—		(2,927	)
Credit contracts		—		—		—			—			125		125
Equity contracts		—		—		—			—			11		11
Total	$	—	$	—	$	190		$	(2,927	)	$	2,629	$	(108	)

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

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

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, 2025 ($ 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	$	—	$	—	$	—	$	560	$	—	$	560
Emerging Markets Equity Fund		—		—		—		29		—		29
International Fixed Income Fund		78		57		135		95		25		120
Emerging Markets Debt Fund		1		318		319		—		321		321

Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2025 amounted to $3,936 ($ Thousands) for the International Equity Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2025 amounted to $324 ($ Thousands) for the Emerging Markets Equity Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2025 amounted to $2,264 ($ Thousands) for the International Fixed Income Fund. Cash pledged as collateral for exchange-traded and centrally cleared derivative instruments as of March 31, 2025 amounted to $7,046 ($ 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, 2025 ($ 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^
Bank of America	$	—	$	—	$	—	$	—	$	7,286	$	7,286	$	7,286	$	—		$ 7,286
Total Over the Counter	$	—	$	—	$	—	$	—	$	7,286	$	7,286

	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^
Banco Bilbao Vizcaya Argentaria	$	—	$	—	$	—	$	24	$	—	$	24	$	(24	)	$	—		$ (24	)
Bank of America		81		—		81		92		—		92		(11	)		—		(11	)
Bank of Nova Scotia		—		—		—		1		—		1		(1	)		—		(1	)
Barclays PLC		217		—		217		616		—		616		(399	)		—		(399	)
BNP Paribas		128		—		128		1,087		—		1,087		(959	)		—		(959	)
Brown Brothers Harriman		263		—		263		33		—		33		230			—		230
CIBC		—		—		—		2		—		2		(2	)		—		(2	)
Citigroup		152		—		152		308		—		308		(156	)		—		(156	)
Commonwealth Bank Of Australia		11		—		11		5		—		5		6			—		6
Credit Agricole		7		—		7		3		—		3		4			—		4
Credit Suisse First Boston		—		—		—		28		—		28		(28	)		—		(28	)

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

	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^
Deutsche Bank	$	43	$	—	$	43	$	568	$	—	$	568	$	(525	)	$	—		$	(525)
Goldman Sachs		100		—		100		227		—		227		(127	)		—		(127	)
HSBC		21		—		21		49		—		49		(28	)		—		(28	)
JPMorgan Chase Bank		1,520		—		1,520		2,033		—		2,033		(513	)		4		(509	)
Midland Walwyn Capital Inc.		22		—		22		970		—		970		(948	)		—		(948	)
Morgan Stanley		45		—		45		246		—		246		(201	)		—		(201	)
National Bank of Australia		17		—		17		1		—		1		16			—		16
NatWest Markets, Inc.		131		—		131		70		—		70		61			—		61
Nomura Securities International		—		—		—		2,495		—		2,495		(2,495	)		—		(2,495	)
RBC		34		—		34		34		—		34		—			—		—
RBS		—		—		—		1		—		1		(1	)		—		(1	)
SCB Securities		6		—		6		8		—		8		(2	)		—		(2	)
Societe Generale		—		—		—		4		—		4		(4	)		—		(4	)
Standard Chartered		5		—		5		10		—		10		(5	)		—		(5	)
State Street		45		—		45		43		—		43		2			—		2
TD Securities		19		—		19		100		—		100		(81	)		—		(81	)
UBS		57		—		57		625		—		625		(568	)		—		(568	)
Wells Fargo		94		—		94		81		—		81		13			—		13
Westpac Banking		1		—		1		5		—		5		(4	)		—		(4	)
Total Over the Counter	$	3,019	$	—	$	3,019	$	9,769	$	—	$	9,769

	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^
Bank of America	$	23	$	—	$	23	$	7	$	23	$	30	$	(7	)	$	—	$	(7	)
Barclays PLC		438		—		438		478		—		478		(40	)		—		(40	)
BNP Paribas		—		—		—		93		—		93		(93	)		—		(93	)
Brown Brothers Harriman		2		—		2		809		—		809		(807	)		—		(807	)
Citigroup		40		—		40		41		—		41		(1	)		—		(1	)
Deutsche Bank		1,276		—		1,276		1,085		—		1,085		191			—		191
Goldman Sachs		171		—		171		110		—		110		61			—		61
HSBC		39		—		39		46		7		53		(14	)		—		(14	)
ICBC Financial Services		51		—		51		7		—		7		44			—		44
Instinet, LLC		1		—		1		—		—		—		1			—		1
JPMorgan Chase Bank		2,091		—		2,091		1,368		—		1,368		723			—		723
Montgomery/Bank of America		12		—		12		—		—		—		12			—		12
Morgan Stanley		321		—		321		158		252		410		(89	)		—		(89	)
SCB Securities		318		—		318		58		—		58		260			—		260
Societe Generale		34		—		34		30		—		30		4			—		4
Standard Bank		14		—		14		334		—		334		(320	)		—		(320	)
Wells Fargo		4		—		4		35		—		35		(31	)		—		(31	)
Total Over the Counter	$	4,835	$	—	$	4,835	$	4,659	$	282	$	4,941

^ 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.

SEI Institutional International Trust

The following table discloses the average quarterly balances of the Funds’ derivative activity during the six months ended March 31, 2025 ($ Thousands):

International Equity Fund

Emerging Markets Equity Fund

International Fixed Income Fund

Emerging Markets Debt Fund

Options:

Average Notional Balance Long

–

679

Average Notional Balance Short

–

248

Futures Contracts:

Average Notional Balance Long

33,219

16,406

66,165

–

Average Notional Balance Short

–

71,266

10,087

Forward Foreign Currency Contracts:

Average Notional Balance Long

705

368,224

140,372

Average Notional Balance Short

707

368,118

140,176

Credit Default Swaps:

Average Notional Balance Long

–

37,468

28,800

Average Notional Balance Short

–

500

Total Return Swaps:

Average Notional Balance Long

119,232

–

Average Notional Balance Short

–

515

Interest Rate Swaps:

Average Notional Balance

–

75,342

246,759

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.

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

The following is a summary of annual fees payable to the Adviser and Distributor and the 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	%		—			1.07	%
Class I		0.51	%		0.25	%		0.25	%		1.32	%
Class Y		0.51	%		—			—			0.82	%
Emerging Markets Equity Fund
Class F		0.70	%		0.25	%		—			1.26	%
Class Y		0.70	%		—			—			1.01	%
International Fixed Income Fund
Class F		0.30	%		0.25	%		—			0.96	%
Class Y		0.30	%		—			—			0.71	%
Emerging Markets Debt Fund
Class F		0.60	%		0.25	%		—			1.06	%
Class Y		0.60	%		—			—			0.81	%

The following is a summary of the 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		0.380	%		0.340	%		0.280	%		0.235	%		0.200	%
Emerging Markets Equity Fund		0.380	%		0.340	%		0.280	%		0.235	%		0.200	%
International Fixed Income Fund		0.380	%		0.340	%		0.280	%		0.235	%		0.200	%
Emerging Markets Debt Fund		0.380	%		0.340	%		0.280	%		0.235	%		0.200	%

Investment Sub-Advisory Agreements — As of March 31, 2025, SIMC has entered into Investment Sub-Advisory Agreements with the following parties:

Investment Sub-Adviser

International Equity Fund

Acadian Asset Management LLC

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

Pzena Investment Management, LLC

WCM Investment Management LLC

Emerging Markets Equity Fund

Aikya Investment Management Limited

JOHCM (USA) Inc.

Robeco Institutional Asset Management US Inc.

International Fixed Income Fund

Colchester Global Investors Limited

RBC Global Asset Management (UK) Limited

Wellington Management Company LLP

Emerging Markets Debt Fund

Artisan Partners Limited Partnership

Colchester Global Investors Limited

Grantham, Mayo, Van Otterloo & Co. LLC

Invesco Advisers, Inc.

Marathon Asset Management, L.P.

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.

Such commissions for the six months ended March 31, 2025, were as follows ($ Thousands):


International Equity Fund	$	223
Emerging Markets Equity Fund		98

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, 2025 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.

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.

SEI Institutional International Trust

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 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 six months ended March 31, 2025, 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, 2025, 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	$	—	$	—	$	39,114	$	—
Other		1,504,330		429,972		128,302		467,995
Sales
U.S. Government		—		—		55,476		2,013
Other		2,195,558		564,261		174,632		625,083

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 permanent differences are primarily attributable to different treatment for gains and losses on paydowns of mortgage and asset backed securities for tax purposes,

defaulted bond basis adjustments, reclassification of long term capital gain distributions on REIT securities, reclassification of income and expense from swap transactions, gains and losses on passive foreign investment companies, certain foreign currency related transactions. The permanent difference that is charged or credited to Pain-In Capital and Distributable Earnings is primarily related to net operating losses and defaulted bond basis adjustments.

	Distrubutable Earnings (Loss) ($ Thousands)		Paid-in Capital ($ Thousands)
Emerging Markets Debt Fund	$	3,501	$	3,501
International Fixed Income Fund		13,211		(13,211	)

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

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Continued)

March 31, 2025 (Unaudited)

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	2024	$	80,813	$	—	$	80,813
	2023		69,045		—		69,045
Emerging Markets Equity Fund	2024		23,307		—		23,307
	2023		29,666		—		29,666
International Fixed Income Fund	2024		—		—		—
	2023		51,577		1,610		53,187
Emerging Markets Debt Fund	2024		62,318		—		62,318
	2023		48,046		—		48,046

As of September 30, 2024, the components of Distributable Earnings (Accumulated Losses) were as follows:

	Undistributed Ordinary Income ($ Thousands)		Undistributed Long-Term Capital Gain ($ Thousands)		Capital Loss Carryforwards ($ Thousands)			Post October Losses ($ Thousands)		Late Year Ordinary Losses ($ Thousands)			Unrealized Appreciation (Depreciation) ($ Thousands)			Other Temporary Differences ($ Thousands)			Total Distributable Earnings (Accumulated Losses) ($ Thousands)
International Equity Fund	$	106,611	$	192,093	$	—		$	—	$	—		$	692,063		$	(2	)	$	990,765
Emerging Markets Equity Fund		43,262		—		(97,899	)		—		—			242,052			(1	)		187,414
International Fixed Income Fund		—		—		(30,834	)		—		(15,318	)		(6,516	)		(8,308	)		(60,976	)
Emerging Markets Debt Fund		31,736		—		(259,083	)		—		—			(390	)		(34,168	)		(261,905	)

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

During the year ended September 30, 2024, the Emerging Markets Equity Fund utilized capital loss carryforwards of $17,171 to offset capital gains.

The Funds have capital losses carried forward as follows:

	Short-Term Loss ($ Thousands)		Long-Term Loss ($ Thousands)		Total ($ Thousands)
Emerging Markets Equity Fund		97,899		–		97,899
International Fixed Income Fund		8,469		22,365		30,834
Emerging Markets Debt Fund		131,786		127,292		259,078

For Federal income tax purposes, the cost of securities owned at March 31, 2025, 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, 2025, was as follows:

	Federal Tax Cost ($ Thousands)		Appreciated Securities ($ Thousands)		Depreciated Securities ($ Thousands)			Net Unrealized Appreciation/ (Depreciation) ($ Thousands)
International Equity Fund	$	2,880,855	$	577,161	$	(93,692	)	$	483,469
Emerging Markets Equity Fund		1,186,085		386,130		(191,550	)		194,580
International Fixed Income Fund		364,345		15,926		(36,948	)		(21,022	)
Emerging Markets Debt Fund		876,934		43,806		(60,548	)		(16,742	)

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, 2025, 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.

SEI Institutional International Trust

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 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. Although interest rates were unusually low in recent years in the U.S. and abroad, in 2022, the Federal Reserve and certain foreign central banks raised interest rates as part of their efforts to address rising inflation. The Federal Reserve and certain foreign central banks recently began to lower interest rates, though economic or other factors, such as inflation, could stop such changes. It is difficult to accurately predict the pace at which interest rates might change, the timing, frequency or magnitude of any such changes in interest rates, or when such changes might stop or again reverse course, Unexpected changes in interest rates could lead to significant market volatility or reduce liquidity in certain sectors of the market. 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

SEI Institutional International Trust

NOTES TO FINANCIAL STATEMENTS (Concluded)

March 31, 2025 (Unaudited)

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 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. CONCENTRATION OF SHAREHOLDERS

SEI Private Trust Company (“SPTC”) and SIMC are subsidiaries of SEI Investments Company. As of March 31, 2025, SPTC held of record the following:

Fund	Class F		Class I		Class Y
International Equity Fund	94.45	%	0.45	%	60.96	%
Emerging Markets Equity Fund	95.99	%	—	%	65.95	%
International Fixed Income Fund	97.11	%	—	%	32.89	%
Emerging Markets Debt Fund	97.00	%	—	%	67.45	%

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.

10. SEGMENT REPORTING

In this reporting period, the Funds adopted the Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) 2023-07, Segment Reporting (Topic 280) – “Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). Adoption of the new standard impacted financial statement disclosures only and did not affect the Funds’ financial position or the results of its operations. An operating segment is defined in Topic

SEI Institutional International Trust

280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity’s chief operating decision maker (“CODM”) to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. SIMC acts as the Funds’ CODM. The CODM has determined that the Funds represent a single operating segment, as the CODM monitors the operating results of the Funds as a whole and the Funds’ long-term strategic asset allocation is pre-determined in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Funds’ portfolio managers as a team. The financial information in the form of the Funds’ schedules of investments, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions), which are used by the CODM to assess the segment’s performance versus the Funds’ comparative benchmarks and to make resource allocation decisions for the Funds’ single segment, is consistent with that presented within the Funds’ financial statements. Segment assets are reflected on the accompanying Statements of Assets and Liabilities as “total assets” and significant segment expenses are listed on the accompanying Statements of Operations.

11. 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, 2025.

SEI Institutional International Trust

OTHER INFORMATION - (FORM N-CSRS ITEMS 8-11) (Unaudited)

Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

Not applicable.

Item 9. Proxy Disclosures for Open-End Management Investment Companies.

At a Special Meeting of Shareholders held on March 26, 2025, shareholders of the SEI Institutional International Trust elected Trustees. The results of votes taken among shareholders on the proposal before them are reported below. Each vote reported represents one dollar of net asset value held on the record date for the meeting. In addition to the Trustees elected below, William M. Doran continued to serve as a Trustee until his retirement on May 31, 2025.

Proposal 1-To elect a Board of Trustees.

Director

Votes For

Votes Withheld

Abstained

Broker Non-Votes

Robert A. Nesher

340,675,312

8,475,567

N/A

Nina Lesavoy

340,836,023

8,314,859

N/A

James M. Williams

340,729,400

8,421,480

N/A

James B. Taylor

340,815,356

8,335,524

N/A

Susan C. Cote

340,891,214

8,259,671

N/A

Christine Reynolds

340,911,755

8,239,129

N/A

Thomas Melendez

340,797,393

8,353,489

N/A

Dennis J. McGonigle

340,859,731

8,291,151

N/A

Eli Powell Niepoky

340,865,632

8,285,251

N/A

Kimberly Walker

340,876,100

8,274,786

N/A

Proposal 2 - To amend the Agreement and Declaration of Trust to reduce the shareholder quorum requirement from a majority to one-third (33-1/3%).

Votes For

Votes Against

Abstained

Broker Non-Votes

316,641,815

9,457,793

7,270,201

N/A

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

Included within the Statement(s) of Operations of the financial statements.

Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

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

SEI Institutional International Trust

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

At the December 2-4, 2024 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 to accommodate a revised Spring meeting schedule. Typically, the Trustees renew the Advisory Agreement 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 2025 was held on April 1-3, 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 2-4, 2024 meeting to extend the Advisory Agreement until the April 1-3, 2025 meeting. In evaluating whether to approve the extension of the Advisory Agreement 4, 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 1-3, 2025 meeting, the Board evaluated the Advisory Agreement in accordance with the renewal process that it typically applies during the annual contract renewal each Spring. Although outside the scope of the period covered by this report, the Board’s renewal of the Advisory Agreement at the April 1-3, 2025 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 2-4, 2024 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

SEI Institutional International Trust

OTHER INFORMATION - (FORM N-CSRS ITEMS 8-11) (Unadited) (Concluded)

resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds were sufficient to support the renewal of the Investment Advisory Agreements. In addition to advisory services, the Board considered the nature and quality of certain administrative, transfer agency and other non-investment advisory services provided to the Funds by SIMC and/or its affiliates.

Performance. In determining whether to renew SIMC’s Advisory Agreement, the Trustees considered the Funds’ performance relative to their peer groups and appropriate indexes/benchmarks. The Trustees reviewed performance information for each Fund, noting that they receive performance reports that permit them to monitor each Fund’s performance at board meetings throughout the year. As part of this review, the Trustees considered the composition of each peer group and selection criteria. In assessing Fund performance, the Trustees considered 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 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 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 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 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 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 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

SEI Institutional International Trust

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 renewal 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.

SEI Institutional International Trust

(This page intentionally left blank)

SEI INSTITUTIONAL INTERNATIONAL TRUST / SEMI-ANNUAL REPORT / MARCH 31, 2025

Trustees

Robert A. Nesher, Chairman

Dennis McGonigle

Nina Lesavoy

James M. Williams

Susan C. Cote

James B. Taylor

Christine Reynolds

Thomas Melendez

Kimberly Walker

Eli Powell Niepoky

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)

1 Freedom Valley Drive

P.O. Box 1100

Oaks, Pennsylvania 19456

SEI-F-031 (3/25)

Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

Not applicable.

Item 9. Proxy Disclosures for Open-End Management Investment Companies.

Included above in Item 7.

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

The remuneration paid by the company during the period covered by the report to the Trustees on the company’s Board of Trustees is disclosed as part of the financial statements included above in Item 7.

Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

The disclosure regarding the Approval of Advisory Agreement, if applicable, is included as part of the financial statements included above in Item 7.

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 18, 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 for semi-annual report.

(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
	(Principal Executive Officer)

Date: June 9, 2025

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
	(Principal Executive Officer)

Date: June 9, 2025

By:	/s/ Glenn R. Kurdziel
	Glenn R. Kurdziel
	Controller & CFO
	(Principal Financial Officer)

Date: June 9, 2025

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

fp0093127-1_ex99cert.htm

fp0093127-1_ex99906cert.htm

IDEA: FilingSummary.xml

IDEA: MetaLinks.json

IDEA: fp0093127-1_ncsrsixbrl_htm.xml

Semi-Annual Shareholder Report: March 31, 2025

International Equity Fund

SEI Institutional International Trust/Class F Shares - SEITX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

International Equity Fund

SEI Institutional International Trust/Class I Shares - SEEIX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

International Equity Fund

SEI Institutional International Trust/Class Y Shares - SEFCX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Equity Fund

SEI Institutional International Trust/Class F Shares - SIEMX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Equity Fund

SEI Institutional International Trust/Class Y Shares - SEQFX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

International Fixed Income Fund

SEI Institutional International Trust/Class F Shares - SEFIX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

International Fixed Income Fund

SEI Institutional International Trust/Class Y Shares - SIFIX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Debt Fund

SEI Institutional International Trust/Class F Shares - SITEX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Additional Information

Semi-Annual Shareholder Report: March 31, 2025

Emerging Markets Debt Fund

SEI Institutional International Trust/Class Y Shares - SIEDX

Fund Overview

What were the Fund costs for the last six months?

Key Fund Statistics as of March 31, 2025

Country WeightingsFootnote Reference*

Top Ten Holdings

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}

Country Weightings^{Footnote Reference*}