Sit U.S. Government Securities Fund (SNGVX)

10.78
Net Asset Value
+0.09%
1 Day
-0.92%
Year-to-Date
Overall Morningstar Rating
Ultrashort bond
Style or Category
No Load
Sales Expenses
0.80%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks high 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 0 to 5 years. The fund's dollar-weighted average maturity will- under normal market conditions- range between 15 and 25 years.

Performance

1 month+0.27% 3 years+0.82%
3 months+0.31% 5 years+0.77%
1 year+0.41% Since inception+5.24%
Data through --

Peer Comparisonvs. Ultrashort bond

 SNGVXCategory
Performance 5-yr return+0.77%+0.79%
Expense ratio0.80%0.51%
Risk 5 year sharpe ratio0.240.84
Net assets$513.9M$1.8B
Average market cap--$26.0B
Average P/E--15.0
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familySit
Fund manager & tenureMichael Brilley / 30 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,000.00

Holdings

Fixed income97.34%
Cash2.66%
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
-- 2.06%
-- 1.96%
-- 1.94%
-- 1.90%
-- 1.65%
-- 1.62%
-- 1.57%
-- 1.51%
-- 1.49%
-- 1.49%