SBA Communications Corporation

Frequently Asked Questions About SBAC

What does SBAC invest in?

SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.

What is the expense ratio of SBAC?

An expense ratio for SBA Communications Corporation (SBAC) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is SBAC?

SBA Communications Corporation (SBAC) manages $19.01B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SBAC actively managed or an index fund?

SBAC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SBAC launched?

SBA Communications Corporation (SBAC) launched in June 1999 and is managed by the fund issuer.

How has SBAC performed?

SBAC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.