Continue to site >
Trending ETFs

SA U.S. Core Market Fund

mutual fund
SAMKX
Payout Change
Pending
Price as of:
$33.54 -0.04 -0.12%
primary theme
U.S. Large-Cap Blend Equity
share class
SAMKX (Mutual Fund)

SA U.S. Core Market Fund

Payout Change
Pending
Price as of:
$33.54 -0.04 -0.12%
primary theme
U.S. Large-Cap Blend Equity
share class
SAMKX (Mutual Fund)

SA U.S. Core Market Fund

Payout Change
Pending
Price as of:
$33.54 -0.04 -0.12%
primary theme
U.S. Large-Cap Blend Equity
share class

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.54

$680 M

0.76%

$0.25

0.70%

Vitals

YTD Return

13.5%

1 yr return

24.0%

3 Yr Avg Return

9.2%

5 Yr Avg Return

14.2%

Net Assets

$680 M

Holdings in Top 10

31.6%

52 WEEK LOW AND HIGH

$33.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.70%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 1.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.54

$680 M

0.76%

$0.25

0.70%

SAMKX - Profile

Distributions

  • YTD Total Return 13.5%
  • 3 Yr Annualized Total Return 9.2%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.53%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    SA U.S. Core Market Fund
  • Fund Family Name
    SA FUNDS INVESTMENT TRUST
  • Inception Date
    Jan 11, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jed Fogdall

Fund Description

To achieve the Fund’s investment objective, Dimensional Fund Advisors LP (the “Sub-Adviser”) implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As further described below, the Fund’s design emphasizes long-term drivers of expected returns identified by the Sub-Adviser’s research, while balancing risk through broad diversification across companies and sectors. The Sub-Adviser’s portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs.

The Fund is designed to purchase a broad and diverse group of readily marketable equity securities listed on a securities exchange in the United States that is deemed appropriate by the Sub-Adviser. The Sub-Adviser limits the universe of eligible securities in which the Fund may invest to those of companies whose market capitalizations generally are either in the highest 96% of total market capitalization or companies whose market capitalizations are larger than the 1,500th largest U.S. company, whichever results in the higher market capitalization threshold. Under the Sub-Adviser’s market capitalization guidelines described above, based on market capitalization data as of August 31, 2023, the market capitalization of an eligible company would be approximately $3.4 billion or above. This dollar amount will vary due to market conditions. The Fund has a non-fundamental investment policy that, under normal circumstances, it will invest at least 80% of its net assets in U.S. securities.

The Sub-Adviser uses a market capitalization weighted approach to weight the securities in the Fund’s portfolio. A company’s market capitalization is the number of its shares outstanding times its price per share. Under a market capitalization weighted approach, companies with higher market capitalizations generally represent a larger proportion of the Fund than companies with relatively lower market capitalizations. The Fund may emphasize certain stocks, including higher profitability stocks, as compared to their representation in the U.S. market. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Sub-Adviser may consider additional factors such as price-to-cash flow or price-to-earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Sub-Adviser uses for assessing profitability are subject to change from time to time.

The Sub-Adviser may also increase or reduce the Fund’s exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company’s price momentum. In assessing a company’s investment characteristics, the Sub-Adviser considers ratios such as recent changes in assets divided by total assets. The criteria the Sub-Adviser uses for assessing a company’s investment characteristics are subject to change from time to time. In addition, the Sub-Adviser seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.

The Fund may also invest up to 5% of its total assets (measured at the time of purchase) in the U.S. Micro Cap Portfolio, a portfolio of DFA Investment Dimensions Group Inc., a separate registered investment company. The Sub-Adviser is also the adviser of the U.S. Micro Cap Portfolio. The U.S. Micro Cap Portfolio generally will purchase a broad and diverse group of securities of micro cap companies listed on a securities exchange in the United States that is deemed appropriate by the Sub-Adviser.

The Fund may lend its portfolio securities to generate additional income.

Read More

SAMKX - Performance

Return Ranking - Trailing

Period SAMKX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.5% -1.9% 25.1% 46.67%
1 Yr 24.0% -2.3% 42.7% 45.65%
3 Yr 9.2%* -12.4% 15.9% 41.95%
5 Yr 14.2%* -8.7% 109.8% 44.55%
10 Yr 12.0%* -0.1% 20.7% 33.69%

* Annualized

Return Ranking - Calendar

Period SAMKX Return Category Return Low Category Return High Rank in Category (%)
2023 24.7% -42.6% 47.4% 9.98%
2022 -23.4% -56.3% -4.2% 67.99%
2021 16.3% -27.2% 537.8% 54.12%
2020 9.9% -22.5% 2181.7% 61.64%
2019 15.7% -13.5% 40.4% 87.07%

Total Return Ranking - Trailing

Period SAMKX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.5% -1.9% 25.1% 46.67%
1 Yr 24.0% -2.3% 42.7% 45.65%
3 Yr 9.2%* -12.4% 15.9% 41.95%
5 Yr 14.2%* -8.7% 109.8% 44.55%
10 Yr 12.0%* -0.1% 20.7% 33.69%

* Annualized

Total Return Ranking - Calendar

Period SAMKX Return Category Return Low Category Return High Rank in Category (%)
2023 25.8% -5.0% 47.4% 33.74%
2022 -18.9% -36.8% -2.2% 63.94%
2021 25.5% 3.0% 537.8% 63.67%
2020 18.9% -15.8% 2266.0% 31.25%
2019 30.5% -0.4% 241.3% 45.60%

NAV & Total Return History


SAMKX - Holdings

Concentration Analysis

SAMKX Category Low Category High SAMKX % Rank
Net Assets 680 M 2.34 M 1.55 T 61.24%
Number of Holdings 891 2 4048 5.70%
Net Assets in Top 10 219 M 848 K 446 B 63.56%
Weighting of Top 10 31.60% 0.3% 111.9% 67.53%

Top 10 Holdings

  1. Apple Inc 4.74%
  2. Microsoft Corp 4.73%
  3. NVIDIA Corp 4.44%
  4. DFA US Micro Cap Portfolio 3.93%
  5. Amazon.com Inc 3.66%
  6. Meta Platforms Inc 2.84%
  7. Eli Lilly Co 2.05%
  8. Alphabet Inc 1.92%
  9. Alphabet Inc 1.88%
  10. Broadcom Inc 1.40%

Asset Allocation

Weighting Return Low Return High SAMKX % Rank
Stocks
99.78% 0.00% 120.26% 13.64%
Cash
0.22% 0.00% 99.06% 81.22%
Preferred Stocks
0.00% 0.00% 2.52% 72.55%
Other
0.00% -13.91% 100.00% 82.42%
Convertible Bonds
0.00% 0.00% 5.54% 70.21%
Bonds
0.00% -0.37% 92.99% 71.51%

Stock Sector Breakdown

Weighting Return Low Return High SAMKX % Rank
Technology
26.80% 0.00% 48.94% 14.38%
Healthcare
14.18% 0.00% 60.70% 59.15%
Financial Services
11.92% 0.00% 55.59% 80.39%
Consumer Cyclical
11.90% 0.00% 30.33% 21.08%
Industrials
10.44% 0.00% 29.90% 32.27%
Communication Services
7.97% 0.00% 27.94% 57.11%
Consumer Defense
7.58% 0.00% 47.71% 29.08%
Energy
3.40% 0.00% 41.64% 64.87%
Utilities
3.06% 0.00% 20.91% 24.43%
Basic Materials
2.57% 0.00% 25.70% 48.86%
Real Estate
0.18% 0.00% 31.91% 85.70%

Stock Geographic Breakdown

Weighting Return Low Return High SAMKX % Rank
US
99.78% 0.00% 120.26% 11.32%
Non US
0.00% 0.00% 63.90% 74.80%

SAMKX - Expenses

Operational Fees

SAMKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.01% 19.75% 58.64%
Management Fee 0.43% 0.00% 1.90% 39.68%
12b-1 Fee N/A 0.00% 1.00% 56.69%
Administrative Fee 0.10% 0.00% 0.85% 61.33%

Sales Fees

SAMKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SAMKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SAMKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 0.00% 268.00% 0.76%

SAMKX - Distributions

Dividend Yield Analysis

SAMKX Category Low Category High SAMKX % Rank
Dividend Yield 0.76% 0.00% 25.47% 69.11%

Dividend Distribution Analysis

SAMKX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Quarterly

Net Income Ratio Analysis

SAMKX Category Low Category High SAMKX % Rank
Net Income Ratio 0.53% -54.00% 2.44% 59.92%

Capital Gain Distribution Analysis

SAMKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

SAMKX - Fund Manager Analysis

Managers

Jed Fogdall


Start Date

Tenure

Tenure Rank

Oct 29, 2012

9.59

9.6%

Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.

Joel Schneider


Start Date

Tenure

Tenure Rank

Feb 28, 2019

3.25

3.3%

Mr. Schneider is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Schneider holds an MBA from the University of Chicago Booth School of Business, an MS from the University of Minnesota, and a BS from Iowa State University. Mr. Schneider joined Dimensional in 2011, has been a portfolio manager since 2013.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.26 2.42