About SIBAX
Sit Balanced Fund is a mutual fund that targets a balance of long-term capital growth and principal preservation while providing regular income to its shareholders. As a balanced fund, it strategically allocates its assets between equities and fixed income, typically investing between 35% and 65% in both common stocks and bonds. The equity portion emphasizes large-cap growth companies, with significant holdings in sectors such as information technology, communication services, and consumer discretionary. Meanwhile, the fixed income allocation focuses on high-quality, investment-grade, intermediate-duration bonds, including U.S. Treasury securities, to help manage risk and generate steady income.
The fund’s design makes it suitable for investors seeking a diversified portfolio that can participate in equity market growth while tempering volatility through bond exposure. Sit Balanced Fund is actively managed by Sit Investment Associates, Inc., an established, employee-owned investment firm. Its asset mix and selection strategy reflect a moderate allocation investment style, catering to those who value both growth potential and income stability in a single portfolio. The fund has been in operation since 1993 and has developed a track record of navigating different market conditions while maintaining its core objectives.
Fund Family Sit
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol SIBAX
Index Bloomberg U.S. Aggregate Bond TR
SIBAX had a total return of 7.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.70%.
