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Trending ETFs

Name

As of 10/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Sit ESG Growth Fund

IESGX | Fund

$22.43

$11.8 M

0.65%

$0.14

1.26%

Vitals

YTD Return

20.7%

1 yr return

33.1%

3 Yr Avg Return

9.0%

5 Yr Avg Return

13.0%

Net Assets

$11.8 M

Holdings in Top 10

44.2%

52 WEEK LOW AND HIGH

$22.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.26%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 7.39%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$100,000

IRA

$100,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Sit ESG Growth Fund

IESGX | Fund

$22.43

$11.8 M

0.65%

$0.14

1.26%

IESGX - Profile

Distributions

  • YTD Total Return 20.7%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 13.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.73%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Sit ESG Growth Fund
  • Fund Family Name
    SIT Mutual Funds
  • Inception Date
    Jun 30, 2016
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kent Johnson

Fund Description

The Fund seeks to achieve its objective by investing, under normal market conditions, at least 80% of its net assets in companies that the Adviser believes have strong environmental, social and corporate governance (ESG) practices at the time of purchase.
The Adviser invests in growth-oriented companies it believes exhibit the potential for superior growth. The Fund focuses on stocks issued by companies with long records of earnings and revenue growth. The Adviser believes that a company’s earnings growth is the primary determinant of its potential long-term return, and evaluates a company’s potential for above average long-term earnings and revenue growth. Several factors are considered in the Adviser’s evaluation of a company, including:
unique product or service,
growing product demand,
dominant and growing market share,
management experience and capabilities, and
strong financial condition.
In addition to the fundamental financial analysis, the stock selection process takes into consideration ESG screens from third-party providers that rank companies within an industry or sector based on several ESG characteristics, or the Adviser’s own analysis of a company’s ESG practices if such ranking is not available or the Adviser believes the available ranking is not accurate. The ESG screens utilize comparative weighted rankings of company ESG issues by sectors based on company and industry-specific factors, which assess a company’s sustainability policies, management systems and performance. Generally, the Adviser deems a company to have strong ESG practices when its industry ranking is in the top 50th percentile. ESG factors often require a subjective analysis and are subject to change. Environmental factors may include, for example, environmental footprint, pollution impact, and resource management. Social factors may include, for example, human capital concerns, product safety, workplace diversity and employee welfare. Governance factors may include, for example, corporate governance concerns, business ethics, sustainability policy and public policy concerns.
The Fund invests in the common stock of U.S. and foreign companies, and in American Depository Receipts and Global Depository Receipts of foreign companies. The Fund invests primarily in companies of large to medium capitalizations (companies with market capitalizations in excess of $2 billion).
The Fund may invest in open‑end investment companies (mutual funds) and closed‑end investment companies which invest in the same types of securities in which the Fund may invest directly.
When selling equity securities for the Fund, the Adviser considers several factors, including changes in a company’s fundamentals, anticipated earnings, financial position and ESG practices or ranking.
The Fund’s benchmark index to be used in connection with the Fund’s investment objective is the MSCI World Index, and such benchmark index may be changed from time to time with approval of the Fund’s Board of Directors. The MSCI World Index represents large and mid‑cap equity performance of 23 developed markets countries.
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IESGX - Performance

Return Ranking - Trailing

Period IESGX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -71.7% 41.3% 84.17%
1 Yr 33.1% 2.1% 104.8% 92.60%
3 Yr 9.0%* -3.5% 25.0% 82.43%
5 Yr 13.0%* 4.0% 24.5% N/A
10 Yr N/A* 3.1% 15.8% N/A

* Annualized

Return Ranking - Calendar

Period IESGX Return Category Return Low Category Return High Rank in Category (%)
2023 25.7% -94.0% 2181.7% 30.83%
2022 -23.5% -22.7% 41.1% 40.56%
2021 18.2% -100.0% 17.1% 21.70%
2020 15.2% -100.0% 33.2% 3.56%
2019 24.5% -44.8% 25.0% N/A

Total Return Ranking - Trailing

Period IESGX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -71.7% 41.3% 84.24%
1 Yr 33.1% 2.1% 104.8% 87.54%
3 Yr 9.0%* -3.5% 25.0% 78.27%
5 Yr 13.0%* 4.0% 24.5% N/A
10 Yr N/A* 3.1% 15.8% N/A

* Annualized

Total Return Ranking - Calendar

Period IESGX Return Category Return Low Category Return High Rank in Category (%)
2023 26.7% -94.0% 2181.7% 30.83%
2022 -21.0% -21.6% 41.1% 40.56%
2021 19.9% -100.0% 17.1% 40.08%
2020 15.9% -100.0% 33.2% 10.07%
2019 26.4% -13.4% 26.8% N/A

NAV & Total Return History


IESGX - Holdings

Concentration Analysis

IESGX Category Low Category High IESGX % Rank
Net Assets 11.8 M 1.09 M 1.22 T 95.21%
Number of Holdings 61 2 3792 71.58%
Net Assets in Top 10 5.01 M -247 M 263 B 95.55%
Weighting of Top 10 44.23% 1.9% 100.0% 40.39%

Top 10 Holdings

  1. NVIDIA Corp 10.91%
  2. Microsoft Corp 7.89%
  3. Apple Inc 6.70%
  4. Alphabet Inc 4.02%
  5. FIDELITY GOVERNMENT PORT-I 2.76%
  6. Trane Technologies PLC 2.54%
  7. AstraZeneca PLC 2.50%
  8. Goldman Sachs Group Inc/The 2.40%
  9. Home Depot Inc/The 2.26%
  10. UnitedHealth Group Inc 2.25%

Asset Allocation

Weighting Return Low Return High IESGX % Rank
Stocks
96.90% 0.00% 154.58% 89.44%
Cash
3.10% -87.42% 100.00% 8.70%
Preferred Stocks
0.00% 0.00% 5.20% 18.92%
Other
0.00% -15.82% 100.00% 19.39%
Convertible Bonds
0.00% 0.00% 8.98% 13.48%
Bonds
0.00% -0.36% 82.68% 18.46%

Stock Sector Breakdown

Weighting Return Low Return High IESGX % Rank
Technology
30.95% 0.00% 51.07% 8.75%
Healthcare
21.05% 0.00% 53.47% 13.00%
Industrials
12.32% 0.00% 36.79% 20.34%
Financial Services
9.40% 0.00% 67.99% 79.80%
Consumer Cyclical
8.98% 0.00% 40.26% 78.52%
Consumer Defense
7.49% 0.00% 49.19% 25.93%
Communication Services
5.67% 0.00% 28.93% 69.76%
Utilities
2.93% 0.00% 32.20% 35.42%
Basic Materials
1.21% 0.00% 31.64% 70.64%
Real Estate
0.00% 0.00% 68.36% 87.68%
Energy
0.00% 0.00% 19.92% 83.97%

Stock Geographic Breakdown

Weighting Return Low Return High IESGX % Rank
US
85.57% 0.00% 151.93% 98.41%
Non US
11.33% 0.00% 62.89% 0.33%

IESGX - Expenses

Operational Fees

IESGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.01% 4.53% 32.00%
Management Fee 1.25% 0.00% 2.00% 98.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

IESGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

IESGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.25% 2.00% 16.67%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

IESGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.39% 0.00% 363.00% 38.48%

IESGX - Distributions

Dividend Yield Analysis

IESGX Category Low Category High IESGX % Rank
Dividend Yield 0.65% 0.00% 1.26% 19.83%

Dividend Distribution Analysis

IESGX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Quarterly

Net Income Ratio Analysis

IESGX Category Low Category High IESGX % Rank
Net Income Ratio 0.73% -3.04% 2.71% 57.01%

Capital Gain Distribution Analysis

IESGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

IESGX - Fund Manager Analysis

Managers

Kent Johnson


Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

Kent L. Johnson, CFA – Senior Vice President - Research and Investment Management Kent joined Sit Investment Associates in January 1989. He is currently responsible for co-managing the Sit Dividend Growth Fund and provides fundamental research on companies in the capital goods, financial, transportation and education sectors. In addition, Kent leads SIA’s quantitative research team. He has served in a variety of positions at SIA, including client administration and computer applications, before joining the equity research staff in 1993. Kent received a B.S. in Finance in 1989 from the University of Minnesota and earned an M.B.A. from the University of Minnesota Carlson School of Management in 1995.

Roger Sit


Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

Roger J. Sit – CEO and Global Chief Investment Officer Roger Sit directs investment management activities for Sit Investment Associates, a diverse financial asset management firm with capabilities in both domestic and international investment products. Roger joined the organization in January 1998 and worked closely with firm founder Gene Sit for over ten years. Prior to joining the firm, Roger was a Vice President and Senior Equity Research Analyst at Goldman Sachs & Co. in New York for seven years. Additionally, he was a Captain in the U.S. Air Force, serving six years active duty with financial management responsibilities at Headquarters Space Division. Roger graduated with Military Distinction from the U.S. Air Force Academy in 1984. He earned a M.S. in Systems Management from the University of Southern California in 1987 and an M.B.A. with honors from the Harvard Graduate School of Business in 1991. Roger serves on the boards of Convergent Capital, TCF Financial Corporation, the Minneapolis Institute of Arts and the McKnight Foundation.

Michael "Mike" Manns


Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

Vice President – Research and Investment Management of the Adviser, 4/2014 to present; Sr. Equity Analyst at Bloomberg Industries, 2009 – 2014.

David Brown


Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

David Brown is a vice president of research and investment management with Sit Investment Associates and provides fundamental research on media, consumer durable, and consumer services sectors for the firm. As the director of client services, David leads the institutional equity business development and client service initiatives. Prior to joining Sit Investment Associates in 1997, David held a variety of positions with KPMG, Peat Marwick LLP, including client relationship management, technical accounting, and provided advisory services on GAAP, SEC, and financial reporting issues to corporate clients. While at KPMG, David also specialized in mergers and acquisitions and capital market transactions. David earned a B.B.A. degree in accounting from the University of North Dakota in 1986. He is a CFA charter holder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 38.02 6.48 1.42