Investors face big tax bills for these mutual funds
SEI Institutional Investments Trust Large Cap Index Fund
Ticker: LCIAX
Inception date: 4/1/2002
Capital gain in 2022: 24.1%
This $1.6 billion fund’s objective is to invest in the securities of the 1,000 largest U.S. companies. Its largest holdings are Apple Inc., Microsoft Corp. and Amazon.com Inc., and its price dropped 31% in 2022.