Sit Quality Income (SQIFX)
| Fund Assets | 121.74M |
| Expense Ratio | 0.81% |
| Min. Investment | $5,000 |
| Turnover | 59.03% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.20% |
| Dividend Growth | 1.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.64 |
| YTD Return | 2.62% |
| 1-Year Return | 2.68% |
| 5-Year Return | 9.36% |
| 52-Week Low | 9.42 |
| 52-Week High | 9.67 |
| Beta (5Y) | 0.07 |
| Holdings | 163 |
| Inception Date | Dec 31, 2012 |
About SQIFX
Sit Quality Income Fund Class S is an actively managed mutual fund focused on generating high current income while emphasizing preservation of capital. The portfolio invests at least 80% of assets in debt securities, primarily allocating at least half to U.S. government obligations and the remainder to investment‑grade corporate, municipal, mortgage, and other asset‑backed securities, targeting a dollar‑weighted average quality of A or better. The strategy centers on high‑quality, short‑duration bonds to manage interest‑rate sensitivity, reflected in a reported duration to estimated average life of about 2.7 years and an average maturity near 18.8 years. Class S launched in 2012 and is part of the Sit Mutual Funds family advised by Sit Investment Associates, an employee‑owned investment manager established in 1981. The fund’s design positions it as a core short‑term bond holding for investors seeking income from high‑quality U.S. fixed income markets, with characteristics that can complement broader fixed income allocations by balancing credit quality and duration exposure.
Performance
SQIFX had a total return of 2.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SQIYX | - Class Y | 0.56% |
Top 10 Holdings
18.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Fannie Mae REMICS | FNR.2023-64 HA | 2.62% |
| Fannie Mae Pool | FN.MA5038 | 2.44% |
| Sequoia Mortgage Trust 2025-1 | SEMT.2025-1 A10 | 2.19% |
| Freddie Mac REMICS | n/a | 1.88% |
| Freddie Mac REMICS | FHR.3756 PZ | 1.85% |
| Fannie Mae Pool | FN.MA5136 | 1.69% |
| Fannie Mae Pool | FN.MA5442 | 1.62% |
| Freddie Mac Gold Pool | FG.G18592 | 1.48% |
| Government National Mortgage Association | GNR.2025-20 CA | 1.45% |
| Fannie Mae Pool | FN.BF0143 | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03244 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03496 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0353 | Jun 30, 2025 |
| May 30, 2025 | $0.0328 | May 30, 2025 |
| Apr 30, 2025 | $0.0334 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03397 | Mar 31, 2025 |