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Trending ETFs

Sit Global Dividend Growth Fund

mutual fund
GDGSX
Payout Change
Pending
Price as of:
$28.69 -0.1 -0.35%
primary theme
N/A
share class
I (GDGIX) S (GDGSX)
GDGSX (Mutual Fund)

Sit Global Dividend Growth Fund

Payout Change
Pending
Price as of:
$28.69 -0.1 -0.35%
primary theme
N/A
share class
I (GDGIX) S (GDGSX)
GDGSX (Mutual Fund)

Sit Global Dividend Growth Fund

Payout Change
Pending
Price as of:
$28.69 -0.1 -0.35%
primary theme
N/A
share class
I (GDGIX) S (GDGSX)

Name

As of 12/09/2024

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 Global Dividend Growth Fund

GDGSX | Fund

$28.69

$52.2 M

0.33%

$0.09

1.50%

Vitals

YTD Return

18.2%

1 yr return

23.0%

3 Yr Avg Return

6.5%

5 Yr Avg Return

11.9%

Net Assets

$52.2 M

Holdings in Top 10

41.0%

52 WEEK LOW AND HIGH

$28.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 11.55%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$5,000

IRA

$2,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/09/2024

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 Global Dividend Growth Fund

GDGSX | Fund

$28.69

$52.2 M

0.33%

$0.09

1.50%

GDGSX - Profile

Distributions

  • YTD Total Return 18.2%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 11.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.77%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Sit Global Dividend Growth Fund
  • Fund Family Name
    SIT Mutual Funds
  • Inception Date
    Sep 30, 2008
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Raymond Sit

Fund Description

The Fund seeks to achieve its objectives by investing, under normal market conditions, at least 80% of its net assets in dividend-paying common stocks issued by U.S. and foreign companies. The Fund may invest the balance of its assets in preferred stocks, convertible bonds, U.S. Treasury securities, and closed‑end investment companies.
The Fund’s diversified portfolio is designed to have lower volatility than that of the MSCI World Index, but with a higher yield and greater prospects for dividend growth.
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. By investing in dividend paying stocks it is anticipated that the holdings will tend to be in large to medium‑sized companies (companies with market capitalization in excess of $2 billion).
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 MSCI World Index, but with a higher dividend yield and greater prospects for dividend growth.
The Fund diversifies its investments among a number of different countries throughout the world. Under normal circumstances, the Fund will invest at least 40% of its net assets in stocks of foreign companies drawn from at least three different countries (and at least 30% of its net assets in stocks of foreign companies if market conditions are deemed unfavorable).
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 the company’s fundamentals, anticipated earnings, anticipated dividend payments and financial position.
Read More

GDGSX - Performance

Return Ranking - Trailing

Period GDGSX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.2% -71.7% 41.3% 84.72%
1 Yr 23.0% 2.1% 104.8% 80.82%
3 Yr 6.5%* -3.5% 25.0% 76.62%
5 Yr 11.9%* 4.0% 24.5% 92.18%
10 Yr 9.2%* 3.1% 15.8% 97.18%

* Annualized

Return Ranking - Calendar

Period GDGSX Return Category Return Low Category Return High Rank in Category (%)
2023 21.7% -94.0% 2181.7% 33.11%
2022 -19.0% -22.7% 41.1% 39.94%
2021 22.6% -100.0% 17.1% 38.30%
2020 14.7% -100.0% 33.2% 27.08%
2019 24.6% -44.8% 25.0% 79.87%

Total Return Ranking - Trailing

Period GDGSX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.2% -71.7% 41.3% 84.78%
1 Yr 23.0% 2.1% 104.8% 73.39%
3 Yr 6.5%* -3.5% 25.0% 72.90%
5 Yr 11.9%* 4.0% 24.5% 91.03%
10 Yr 9.2%* 3.1% 15.8% 96.98%

* Annualized

Total Return Ranking - Calendar

Period GDGSX Return Category Return Low Category Return High Rank in Category (%)
2023 22.8% -94.0% 2181.7% 33.11%
2022 -18.3% -21.6% 41.1% 39.94%
2021 23.3% -100.0% 17.1% 54.66%
2020 15.8% -100.0% 33.2% 51.22%
2019 26.4% -13.4% 26.8% 87.47%

NAV & Total Return History

GDGSX - Holdings

Concentration Analysis

GDGSX Category Low Category High GDGSX % Rank
Net Assets 52.2 M 1.09 M 1.22 T 85.82%
Number of Holdings 57 2 3792 67.20%
Net Assets in Top 10 22 M -247 M 263 B 87.45%
Weighting of Top 10 40.95% 1.9% 100.0% 50.66%

Top 10 Holdings

  1. Microsoft Corp 8.40%
  2. Apple Inc 7.91%
  3. Broadcom Inc 5.74%
  4. Fidelity Government Portfolio 3.11%
  5. Applied Materials Inc 3.01%
  6. JPMorgan Chase Co 2.82%
  7. Alphabet Inc 2.72%
  8. NVIDIA Corp 2.60%
  9. Shell PLC 2.46%
  10. AstraZeneca PLC 2.18%

Asset Allocation

Weighting Return Low Return High GDGSX % Rank
Stocks 		96.70% 0.00% 154.58% 73.64%
Cash 		3.30% -87.42% 100.00% 21.85%
Preferred Stocks 		0.00% 0.00% 5.20% 68.59%
Other 		0.00% -15.82% 100.00% 68.59%
Convertible Bonds 		0.00% 0.00% 8.98% 66.67%
Bonds 		0.00% -0.36% 82.68% 68.19%

Stock Sector Breakdown

Weighting Return Low Return High GDGSX % Rank
Technology 		27.88% 0.00% 51.07% 19.60%
Healthcare 		16.74% 0.00% 53.47% 17.17%
Industrials 		16.55% 0.00% 36.79% 7.74%
Financial Services 		15.06% 0.00% 67.99% 28.89%
Consumer Defense 		8.01% 0.00% 49.19% 25.19%
Consumer Cyclical 		4.78% 0.00% 40.26% 94.68%
Communication Services 		3.90% 0.00% 28.93% 90.03%
Basic Materials 		3.78% 0.00% 31.64% 18.11%
Utilities 		3.05% 0.00% 32.20% 13.54%
Energy 		0.26% 0.00% 19.92% 94.34%
Real Estate 		0.00% 0.00% 68.36% 96.09%

Stock Geographic Breakdown

Weighting Return Low Return High GDGSX % Rank
US 		77.22% 0.00% 151.93% 97.54%
Non US 		19.48% 0.00% 62.89% 0.80%

GDGSX - Expenses

Operational Fees

GDGSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.50% 0.01% 4.53% 18.79%
Management Fee 1.25% 0.00% 2.00% 99.41%
12b-1 Fee 0.25% 0.00% 1.00% 53.38%
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

GDGSX 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 0.95% 5.00% N/A

Trading Fees

GDGSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.25% 2.00% 39.74%

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.

GDGSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.55% 0.00% 363.00% 36.84%

GDGSX - Distributions

Dividend Yield Analysis

GDGSX Category Low Category High GDGSX % Rank
Dividend Yield 0.33% 0.00% 1.26% 69.70%

Dividend Distribution Analysis

GDGSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

GDGSX Category Low Category High GDGSX % Rank
Net Income Ratio 0.77% -3.04% 2.71% 44.53%

Capital Gain Distribution Analysis

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

Distributions History

View More +

GDGSX - Fund Manager Analysis

Managers

Raymond Sit

Start Date

Tenure

Tenure Rank

Sep 30, 2008

13.67

13.7%

Raymond E. Sit, Vice President – Research and Investment Management of the Sit Investment Associates, Inc.

Kent Johnson

Start Date

Tenure

Tenure Rank

Sep 30, 2008

13.67

13.7%

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

Sep 30, 2008

13.67

13.7%

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
0.02 38.02 6.48 1.42

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