Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Sit US Government Securities SNGVX
- NAV / 1-Day Return 10.26 / +0.20 %
- Total Assets 231.1 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 3.52%
- Effective Duration 3.00 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 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 24.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Government National Mortgage Association 5.5% | 3.21 | 7.4 Mil | Securitized |
Government National Mortgage Association 5.86202% | 3.14 | 7.2 Mil | Securitized |
Government National Mortgage Association 5.5% | 2.83 | 6.5 Mil | Securitized |
Government National Mortgage Association 5.5% | 2.81 | 6.5 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.0034% | 2.13 | 4.9 Mil | Securitized |
Federal Home Loan Mortgage Corp. 6% | 2.11 | 4.9 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.5% | 1.98 | 4.6 Mil | Securitized |
Federal National Mortgage Association 4.5% | 1.95 | 4.5 Mil | Securitized |
Fnma Pass-Thru I 4.5% | 1.92 | 4.4 Mil | Securitized |
Government National Mortgage Association 4.83191% | 1.92 | 4.4 Mil | Securitized |