Sit U.S. Government Securities Fund - Class Y (SNGYX)
| Fund Assets | 193.21M |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000,000 |
| Turnover | 12.51% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.08% |
| Dividend Growth | 1.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.29 |
| YTD Return | 0.03% |
| 1-Year Return | 3.47% |
| 5-Year Return | 6.57% |
| 52-Week Low | 10.24 |
| 52-Week High | 10.57 |
| Beta (5Y) | 0.02 |
| Holdings | 159 |
| Inception Date | Dec 31, 2019 |
About SNGYX
The Sit U.S. Government Securities Fund - Class Y is an open-end mutual fund specializing in the exclusive investment of high-quality U.S. government securities. Its primary objective is to deliver high current income while maintaining the safety of principal. The portfolio consists solely of securities issued, guaranteed, or insured by the U.S. government or its agencies and instrumentalities, resulting in a portfolio with a strong credit quality profile, typically rated AAA, and limited credit risk exposure. The fund adopts a short to intermediate-duration strategy, with a focus on managing interest rate sensitivity and liquidity. Its holdings largely comprise government-backed mortgage securities and other direct obligations, offering investors predictable income streams and a relatively stable value profile in various market environments. Managed by a seasoned team at Sit Investment Associates, the fund emphasizes income generation relative to prevailing market yields, underpinned by disciplined risk management and active selection based on economic and interest rate outlooks. This fund plays a key role for institutional or large investors seeking a high-quality, liquid, and lower-risk fixed income solution within their portfolios.
Performance
SNGYX had a total return of 3.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.63%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SNGVX | Sit U.s. Government Securities Fund - Class S | 0.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03556 | Jun 30, 2026 |
| May 29, 2026 | $0.03281 | May 29, 2026 |
| Apr 30, 2026 | $0.03376 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0366 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03604 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03451 | Jan 30, 2026 |