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Trending ETFs

Sit Small Cap Dividend Growth Fund

mutual fund
SDFSX
Payout Change
Pending
Price as of:
$18.69 +0.06 +0.32%
primary theme
U.S. Small-Cap Blend Equity
share class
I (SSCDX) S (SDFSX)
SDFSX (Mutual Fund)

Sit Small Cap Dividend Growth Fund

Payout Change
Pending
Price as of:
$18.69 +0.06 +0.32%
primary theme
U.S. Small-Cap Blend Equity
share class
I (SSCDX) S (SDFSX)
SDFSX (Mutual Fund)

Sit Small Cap Dividend Growth Fund

Payout Change
Pending
Price as of:
$18.69 +0.06 +0.32%
primary theme
U.S. Small-Cap Blend Equity
share class
I (SSCDX) S (SDFSX)

Name

As of 11/29/2024

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

Sit Small Cap Dividend Growth Fund

SDFSX | Fund

$18.69

$32.1 M

0.57%

$0.11

1.56%

Vitals

YTD Return

25.6%

1 yr return

33.9%

3 Yr Avg Return

8.4%

5 Yr Avg Return

11.7%

Net Assets

$32.1 M

Holdings in Top 10

23.8%

52 WEEK LOW AND HIGH

$18.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.56%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.91%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$5,000

IRA

$2,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/29/2024

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

Sit Small Cap Dividend Growth Fund

SDFSX | Fund

$18.69

$32.1 M

0.57%

$0.11

1.56%

SDFSX - Profile

Distributions

  • YTD Total Return 25.6%
  • 3 Yr Annualized Total Return 8.4%
  • 5 Yr Annualized Total Return 11.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.67%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Sit Small Cap Dividend Growth Fund
  • Fund Family Name
    SIT Mutual Funds
  • Inception Date
    Mar 31, 2015
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael "Mike" Manns

Fund Description

The Fund seeks to achieve its objectives by investing, under normal market conditions, at least 80% of its net assets in small cap dividend-paying common stocks. The Fund may invest the balance of its assets in preferred stocks, convertible bonds, U.S. Treasury securities (including Treasury bills, notes and bonds), and closed‑end investment companies.
The Fund’s benchmark index to be used in connection with the Fund’s investment objective is the Russell 2000® Index, and such benchmark index may be changed from time to time with approval of the Fund’s Board of Directors. The Russell 2000® Index measures the performance of the 2,000 smallest companies in the Russell 3000® Index (which is made up of the 3,000 largest U.S. companies based on total market capitalization).
Small cap stocks are issued by companies with capitalizations at the time of purchase of up to $3 billion, or up to the market capitalization of the largest company included in the Russell 2000® Index measured at the end of the previous twelve months. As of September 30, 2024, the market capitalization of the largest company included in the Russell 2000® Index measured at the end of the previous twelve months was $56.5 billion.
The Adviser invests in dividend paying, growth-oriented companies it believes exhibit the potential for growth and growing dividend payments. The Adviser believes that a company’s earnings growth is a primary determinant of its potential long-term return, and that a record of increasing dividend payments is a strong indicator of financial health and growth prospects. The Adviser considers several factors in its evaluation of a company’s potential for above average long-term earnings, revenue, and dividend growth, including:
›
a record of paying dividends,
›
strong prospects for growing dividend payments indicated in part by growing earnings and cash flow,
›
unique product or service,
›
growing product demand,
›
dominant and growing market share,
›
management experience and capabilities, and
›
strong financial condition.
Since stocks that pay dividends tend to be less volatile and may not experience the same capital appreciation as stocks that don’t pay dividends, the Fund’s diversified portfolio of dividend paying stocks is expected to have lower volatility than that of the Russell 2000® Index, but with a higher dividend yield and greater prospects for dividend growth.
The Fund may invest up to 20% of its net assets in securities of issuers domiciled outside the U.S.
The Fund may invest in open‑end investment companies (mutual funds) and closed‑end investment companies which invest in the same types of securities in which the Fund may invest directly.
When selling equity securities for the Fund, the Adviser considers several factors, including changes in a company’s fundamentals, anticipated earnings, anticipated dividend payments and financial position.
Read More

SDFSX - Performance

Return Ranking - Trailing

Period SDFSX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.6% -1.5% 42.7% 13.69%
1 Yr 33.9% 0.0% 55.7% 18.63%
3 Yr 8.4%* -11.1% 47.5% 29.87%
5 Yr 11.7%* -12.2% 35.1% 29.44%
10 Yr N/A* -2.6% 18.5% N/A

* Annualized

Return Ranking - Calendar

Period SDFSX Return Category Return Low Category Return High Rank in Category (%)
2023 14.2% -19.9% 29.0% 45.61%
2022 -20.6% -59.3% 118.2% 47.98%
2021 13.6% -31.6% 39.3% 35.87%
2020 15.2% -51.0% 39.5% 28.20%
2019 25.2% -5.6% 37.8% 15.87%

Total Return Ranking - Trailing

Period SDFSX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.6% -1.5% 42.7% 13.69%
1 Yr 33.9% 0.0% 55.7% 18.63%
3 Yr 8.4%* -11.1% 47.5% 29.87%
5 Yr 11.7%* -12.2% 35.1% 29.44%
10 Yr N/A* -2.6% 18.5% N/A

* Annualized

Total Return Ranking - Calendar

Period SDFSX Return Category Return Low Category Return High Rank in Category (%)
2023 15.2% -11.7% 31.8% 65.27%
2022 -17.4% -45.2% 123.7% 59.50%
2021 23.3% 0.0% 45.6% 50.68%
2020 16.0% -50.5% 46.9% 36.00%
2019 26.7% 2.2% 40.9% 25.89%

NAV & Total Return History

SDFSX - Holdings

Concentration Analysis

SDFSX Category Low Category High SDFSX % Rank
Net Assets 32.1 M 555 K 145 B 94.88%
Number of Holdings 94 2 2445 70.59%
Net Assets in Top 10 7.51 M 124 K 10.3 B 93.55%
Weighting of Top 10 23.80% 3.1% 100.1% 29.71%

Top 10 Holdings

  1. FIDELITY GOVERNMENT PORT-I 5.45%
  2. Monolithic Power Systems Inc 3.08%
  3. EMCOR Group Inc 2.52%
  4. KBR Inc 2.22%
  5. Eagle Materials Inc 1.89%
  6. Chord Energy Corp 1.86%
  7. Northern Oil Gas Inc 1.75%
  8. Colliers International Group Inc 1.73%
  9. Globant SA 1.65%
  10. Crane Co 1.64%

Asset Allocation

Weighting Return Low Return High SDFSX % Rank
Stocks 		95.07% 4.44% 107.74% 93.17%
Cash 		5.45% 0.00% 27.11% 14.23%
Preferred Stocks 		0.00% 0.00% 6.06% 29.41%
Other 		0.00% -0.07% 49.08% 61.29%
Convertible Bonds 		0.00% 0.00% 3.17% 29.09%
Bonds 		0.00% 0.00% 102.81% 34.35%

Stock Sector Breakdown

Weighting Return Low Return High SDFSX % Rank
Industrials 		23.94% 2.46% 37.42% 13.63%
Financial Services 		20.93% 0.00% 35.52% 11.32%
Technology 		12.14% 0.00% 43.95% 76.20%
Healthcare 		10.92% 0.00% 26.53% 69.48%
Basic Materials 		8.50% 0.00% 18.66% 5.57%
Consumer Cyclical 		8.11% 0.99% 47.79% 83.88%
Real Estate 		7.98% 0.00% 29.43% 39.54%
Energy 		2.66% 0.00% 37.72% 82.92%
Utilities 		2.16% 0.00% 18.58% 56.81%
Communication Services 		1.97% 0.00% 14.85% 71.40%
Consumer Defense 		0.69% 0.00% 18.87% 98.46%

Stock Geographic Breakdown

Weighting Return Low Return High SDFSX % Rank
US 		95.07% 2.58% 107.74% 88.61%
Non US 		0.00% 0.00% 97.07% 39.28%

SDFSX - Expenses

Operational Fees

SDFSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.56% 0.01% 38.30% 17.71%
Management Fee 1.25% 0.00% 1.50% 99.05%
12b-1 Fee 0.25% 0.00% 1.00% 40.66%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

SDFSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SDFSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 13.33%

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.

SDFSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.91% 1.00% 314.00% 27.09%

SDFSX - Distributions

Dividend Yield Analysis

SDFSX Category Low Category High SDFSX % Rank
Dividend Yield 0.57% 0.00% 42.47% 50.85%

Dividend Distribution Analysis

SDFSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Quarterly

Net Income Ratio Analysis

SDFSX Category Low Category High SDFSX % Rank
Net Income Ratio 0.67% -2.40% 2.49% 23.80%

Capital Gain Distribution Analysis

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

Distributions History

View More +

SDFSX - Fund Manager Analysis

Managers

Michael "Mike" Manns

Start Date

Tenure

Tenure Rank

Mar 31, 2015

7.17

7.2%

Vice President – Research and Investment Management of the Adviser, 4/2014 to present; Sr. Equity Analyst at Bloomberg Industries, 2009 – 2014.

Robert Sit

Start Date

Tenure

Tenure Rank

Mar 31, 2015

7.17

7.2%

Robert W. Sit, CFA (1969) Vice President - Equity Investments at Sit Investment Associates, Inc. (1993-Present). Rob joined Sit Investment Associates’ affiliate Sit International (Sit/Kim) as a research associate in 1991. In 1993, he joined Sit Investment Associates’ technology research team. Rob earned an M.B.A. from Northwestern University’s J. L. Kellogg Graduate School of Management in 2002 and a B.A. degree in economics from DePauw University in 1991.

Kent Johnson

Start Date

Tenure

Tenure Rank

Mar 31, 2015

7.17

7.2%

Kent L. Johnson, CFA – Senior Vice President - Research and Investment Management Kent joined Sit Investment Associates in January 1989. He is currently responsible for co-managing the Sit Dividend Growth Fund and provides fundamental research on companies in the capital goods, financial, transportation and education sectors. In addition, Kent leads SIA’s quantitative research team. He has served in a variety of positions at SIA, including client administration and computer applications, before joining the equity research staff in 1993. Kent received a B.S. in Finance in 1989 from the University of Minnesota and earned an M.B.A. from the University of Minnesota Carlson School of Management in 1995.

Roger Sit

Start Date

Tenure

Tenure Rank

Mar 31, 2015

7.17

7.2%

Roger J. Sit – CEO and Global Chief Investment Officer Roger Sit directs investment management activities for Sit Investment Associates, a diverse financial asset management firm with capabilities in both domestic and international investment products. Roger joined the organization in January 1998 and worked closely with firm founder Gene Sit for over ten years. Prior to joining the firm, Roger was a Vice President and Senior Equity Research Analyst at Goldman Sachs & Co. in New York for seven years. Additionally, he was a Captain in the U.S. Air Force, serving six years active duty with financial management responsibilities at Headquarters Space Division. Roger graduated with Military Distinction from the U.S. Air Force Academy in 1984. He earned a M.S. in Systems Management from the University of Southern California in 1987 and an M.B.A. with honors from the Harvard Graduate School of Business in 1991. Roger serves on the boards of Convergent Capital, TCF Financial Corporation, the Minneapolis Institute of Arts and the McKnight Foundation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 49.61 7.17 2.58

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