# Sit Dividend Growth Fund Class I (SDVGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/sdvgx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2004-01-05 Under ordinary market conditions, the fund aims to meet its investment goals by dedicating a substantial majority—at least 80% of its net assets—to common equities that yield dividends. The remaining assets can be allocated among preferred shares, convertible debt, U.S. government bonds, and closed-end funds. Additionally, the fund has the discretion to commit up to one-fifth of its net assets to international securities issued by non-U.S. companies. ## Key Facts | Metric | Value | |---|---| | Price | $18.62 | | Expense Ratio | 0.70% | | AUM (All Share Classes) | $241.7M | | NAV | $18.62 | | Holdings Count | — | | Distribution Yield (TTM) | 9.37% | | Annual Distribution (TTM) | $1.75 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $16.04 – $18.89 | | Beta | 0.80 | ## Latest Distribution - Amount: $0.0425 /share - Ex-date: 2026-10-08 - Pay date: 2026-10-08 ## Frequently Asked Questions ### What does SDVGX invest in? Under ordinary market conditions, the fund aims to meet its investment goals by dedicating a substantial majority—at least 80% of its net assets—to common equities that yield dividends. The remaining assets can be allocated among preferred shares, convertible debt, U.S. government bonds, and closed-end funds. Additionally, the fund has the discretion to commit up to one-fifth of its net assets to international securities issued by non-U.S. companies. ### What is the expense ratio of SDVGX? Sit Dividend Growth Fund Class I (SDVGX) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations. ### What is SDVGX's dividend yield? SDVGX's trailing-twelve-month yield is 9.37%, calculated from the sum of dividends over the past year divided by the current price. ### How big is SDVGX? Sit Dividend Growth Fund Class I (SDVGX) is one share class of a fund that manages $241.7M across all of its share classes (SDVSX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SDVGX actively managed or an index fund? SDVGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SDVGX's is 0.70%) in exchange for the discretion to over- or under-weight positions. ### When was SDVGX launched? Sit Dividend Growth Fund Class I (SDVGX) launched in January 2004 and is managed by the fund issuer. ### Does SDVGX pay a dividend? Yes, Sit Dividend Growth Fund Class I (SDVGX) distributes dividends to shareholders. The trailing-twelve-month yield is 9.37%. Full dividend history is on this page. ### How often does SDVGX pay dividends? Sit Dividend Growth Fund Class I pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SDVGX's next ex-dividend date? The most recently announced ex-dividend date for SDVGX was 2026-10-08. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SDVGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.70% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SDVGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SDVGX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SDVGX cost more than a fund like VOO? SDVGX is actively managed (current expense ratio 0.70%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SDVGX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SDVGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SDVGX (0.70%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/sdvgx - Distribution history: https://www.dividenddata.com/funds/sdvgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/sdvgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/sdvgx/expenses - Peer comparison: https://www.dividenddata.com/funds/sdvgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.