- What does SDVSX invest in?
- The primary goal of this fund is to generate a consistent stream of current income that not only exceeds the dividend yield of the S&P 500 Index but also grows steadily over a period of years. While capital appreciation over the long term is also a factor, it is considered a secondary objective. To achieve these aims, the fund typically invests at least 80% of its net assets in common stocks that pay dividends under normal market conditions. The remainder of its portfolio can be allocated to preferred shares, convertible debt instruments, U.S. government bonds, and closed-end investment vehicles. Furthermore, the fund has the discretion to invest up to 20% of its net assets in securities issued by companies headquartered outside the United States.
- What is the expense ratio of SDVSX?
- Sit Dividend Growth Fund Class S (SDVSX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.
- What is SDVSX's dividend yield?
- SDVSX's trailing-twelve-month yield is 9.35%, calculated from the sum of dividends over the past year divided by the current price.
- How big is SDVSX?
- Sit Dividend Growth Fund Class S (SDVSX) manages $245.7M 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 SDVSX actively managed or an index fund?
- SDVSX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SDVSX's is 0.95%) because there's no security selection cost.
- When was SDVSX launched?
- Sit Dividend Growth Fund Class S (SDVSX) launched in March 2006 and is managed by the fund issuer.
