Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Sit US Government Securities SNGVX
- NAV / 1-Day Return 10.04 / −0.20 %
- Total Assets 240.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level High
- Share Class Type No Load
- Category Short Government
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 3.38%
- Effective Duration 3.00 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:18 PM GMT+0
Morningstar’s Analysis SNGVX
Will SNGVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Government National Mortgage Association 5.5% | 3.37 | 8.4 Mil | Securitized |
Government National Mortgage Association 5.86157% | 2.98 | 7.4 Mil | Securitized |
Fidelity Inv MM Government I | 2.79 | 6.9 Mil | Cash and Equivalents |
Government National Mortgage Association 5.5% | 2.67 | 6.7 Mil | Securitized |
Government National Mortgage Association 5.5% | 2.66 | 6.6 Mil | Securitized |
Government National Mortgage Association 5.5% | 2.12 | 5.3 Mil | Securitized |
Federal Home Loan Mortgage Corp. 6% | 2.12 | 5.3 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.0034% | 2.02 | 5.0 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.5% | 1.90 | 4.7 Mil | Securitized |
Federal National Mortgage Association 4.5% | 1.86 | 4.6 Mil | Securitized |