Sit U.S. Government Securities Fund (SNGVX)

Net Asset Value
1 Day
Overall Morningstar Rating
Ultrashort bond
Style or Category
No Load
Sales Expenses
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.


1 month+0.08% 3 years+0.79%
3 months-0.43% 5 years+0.72%
1 year+0.70% Since inception+5.27%
Data through --

Peer Comparisonvs. Ultrashort bond

Performance 5-yr return+0.72%+0.80%
Expense ratio0.80%0.52%
Risk 5 year sharpe ratio0.290.94
Net assets$546.5M$1.8B
Average market cap----
Average P/E----
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


Fixed income97.70%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.00%
-- 1.89%
-- 1.85%
-- 1.81%
-- 1.61%
-- 1.57%
-- 1.56%
-- 1.52%
-- 1.43%
-- 1.40%