Sit Dividend Growth Fund Class I (SDVGX)
Sit Dividend Growth Fund Class I operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $18.86, up 0.21% on the session, giving a market capitalisation of $244.6M. Its beta of 0.80 implies it has historically moved less than the broad market.
Under ordinary market conditions, the fund aims to meet its investment goals by dedicating a substantial majority—at least 80% of its net assets—to common equities that yield dividends. The remaining assets can be allocated among preferred shares, convertible debt, U.S. government bonds, and closed-end funds. Additionally, the fund has the discretion to commit up to one-fifth of its net assets to international securities issued by non-U.S. companies.
Sit Dividend Growth Fund Class I is most often compared with the following Financial Services names: