Sit U.S. Government Securities Fund (SNGVX)

11.06
Net Asset Value
0.00%
1 Day
+0.36%
Year-to-Date
Overall Morningstar Rating
Short government
Style or Category
No Load
Sales Expenses
0.80%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income and safety of principal. The fund invests exclusively in U.S. government securities, which are securities issued, guaranteed or insured by the U.S. government, its agencies or instrumentalities. It invests a substantial portion of its assets in pass-through securities. The Adviser attempts to maintain an average effective duration for the portfolio of approximately 2 to 5 years. The fund's dollar-weighted average maturity will, under normal market conditions, range between 15 and 25 years.

Performance

1 month+0.22% 3 years+0.70%
3 months+0.71% 5 years+2.29%
1 year+1.41% Since inception+5.83%
Data through --

Peer Comparisonvs. Short government

 SNGVXCategory
Performance 5-yr return+2.29%+1.55%
Expense ratio0.80%0.89%
Risk 5 year sharpe ratio1.751.10
Net assets$619.1M$678.7M
Average market cap----
Average P/E----
Portfolio turnover4%4%

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Fund Management and Purchase Info

Fund familySit
Fund manager & tenureMichael Brilley / 27 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,000.00

Holdings

Fixed income97.52%
Cash2.71%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- FHLMC CMO 6.5%2.55%
-- FNMA 7%2.38%
-- FHLMC CMO 7%2.31%
-- FHLMC CMO 7%2.14%
-- FNMA CMO 6.75%2.12%
-- FNMA CMO 7.5%2.07%
-- FHLMC 7%2.05%
-- FNMA CMO 4.5%2.05%
-- FNMA CMO 7%1.86%
-- GNMA 6.5%1.70%

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