Sit Global Dividend Growth Fund Class I (GDGIX)
| Fund Assets | 59.43M |
| Expense Ratio | 1.00% |
| Min. Investment | $100,000 |
| Turnover | 3.52% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 1.29% |
| Dividend Growth | -36.13% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 9, 2026 |
| Previous Close | 33.82 |
| YTD Return | 5.57% |
| 1-Year Return | 25.26% |
| 5-Year Return | 63.54% |
| 52-Week Low | 27.41 |
| 52-Week High | 33.95 |
| Beta (5Y) | n/a |
| Holdings | 60 |
| Inception Date | Sep 30, 2008 |
About GDGIX
Sit Global Dividend Growth Fund Class I is a mutual fund focused on delivering a blend of current income and long-term capital appreciation through investments in dividend-paying equities. The fund’s primary objective is to provide a dividend yield that surpasses that of the MSCI World Index® and to support income growth over time. To achieve this, it allocates at least 80% of its net assets to common stocks from both U.S. and foreign issuers, with a significant commitment to international diversification, investing at least 30%—and sometimes more—in companies based outside the United States. The investment strategy emphasizes large-cap, growth-oriented firms with a track record of increasing dividend payouts, signaling financial strength and sustainable growth prospects. The fund appeals to investors seeking exposure to both growth and income across global markets, with a process that blends characteristics of growth and value investing. Managed by Sit Investment Associates, Inc., an experienced investment firm, the fund plays a significant role for clients aiming to access global equity markets while prioritizing rising income streams over time.
Performance
GDGIX had a total return of 25.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.54%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GDGSX | - Class S | 1.25% |
Top 10 Holdings
45.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 9.02% |
| Apple Inc. | AAPL | 7.22% |
| Microsoft Corporation | MSFT | 5.85% |
| NVIDIA Corporation | NVDA | 4.74% |
| Alphabet Inc. | GOOGL | 4.26% |
| JPMorgan Chase & Co. | JPM | 3.56% |
| Applied Materials, Inc. | AMAT | 3.51% |
| Shell plc | SHEL | 2.54% |
| Iberdrola, S.A. | IBE | 2.28% |
| Singapore Technologies Engineering Ltd | S63 | 2.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 9, 2026 | $0.03255 | Apr 9, 2026 |
| Dec 16, 2025 | $0.24607 | Dec 16, 2025 |
| Oct 9, 2025 | $0.03758 | Oct 9, 2025 |
| Jul 10, 2025 | $0.11979 | Jul 10, 2025 |
| Apr 10, 2025 | $0.03878 | Apr 10, 2025 |
| Dec 17, 2024 | $0.49755 | Dec 17, 2024 |