Sit US Government Securities (SNGVX) Fund Ranking and Research

Ranking, Research and Recommendation of Sit US Government Securities (SNGVX) Fund

Last Trade: $11.27 on 5/21/2013, Change: 0.00 (0%)

 

Fund Manager - Michael Brilley

Fund Manager Information

Fund Manager Tenure: 25.9 years
Fund Family: Sit
Fund Category: Short Government
Fund Performance: Feb 27, 2013
Fundmojo Fund Grade: A (Score: 0.77)     (What does this score mean?)

 

Sit US Government Securities Fund (SNGVX) Profile

Fund Profile and Description

Sit US Government Securities Fund seeks current income and safety of principal. Sit US Government Securities Fund invests exclusively in U.S. government securities, which are securities issued, guaranteed or insured by the U.S. government, its agencies or instrumentalities. It invests a substantial portion of assets in pass-through securities.

 

 What we like about Sit US Government Securities (SNGVX) Fund

Data for Sit US Government Securities Fund (SNGVX) as of Feb 27, 2013

• Sit US Government Securities Fund (SNGVX) management has been with Sit US Government Securities Fund for 25.9 years
• Sit US Government Securities Fund (SNGVX) has good short-term performance (1-year return 1.77% vs 0.72% Short Government category median performance)
• Sit US Government Securities Fund (SNGVX) has good mid-term performance (3-year return 3.13% vs 1.62% Short Government category median performance)
• Sit US Government Securities Fund (SNGVX) has good Long-term performance (5-year return 3.99% vs 2.49% Short Government category median performance)
• Sit US Government Securities Fund (SNGVX) ratio of up-years vs down years is greater than 2
• Sit US Government Securities Fund (SNGVX) has a Morningstar rating of 4 and above
• Sit US Government Securities Fund (SNGVX) has an annual stock turnover rate of 33.82% vs Short Government average of 110.73%. It is good that Sit US Government Securities management does not trade extensively for its return.
• Sit US Government Securities Fund (SNGVX) is less volatile than its peers as it has a 3-year Standard Deviation of 1.05, lower than category average of 1.06
• Sit US Government Securities Fund (SNGVX) has a lower expense ratio than its Short Government average: 0.80% vs 0.86%
• Sit US Government Securities Fund (SNGVX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

 What we are cautious about Sit US Government Securities (SNGVX) Fund

Data for Sit US Government Securities Fund (SNGVX) as of Feb 27, 2013

• Asset base in Sit US Government Securities Fund (SNGVX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support

See Sit US Government Securities Fund (SNGVX) performance details as of Feb 27, 2013

 

Compare with other top Short Government category mutual funds

Aadditional top Short Government mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
Sit US Government Securities	-0.15	1.77	3.13	3.99
Calvert Short-Term Government I (CSTIX)	0.31	2.69	3.05	4.00	Compare
Commerce Shrt-Term Government Instl (CFSTX)	0.25	2.07	2.49	3.30	Compare
Loomis Sayles Ltd Term Govt and Agency A (NEFLX)	-0.12	2.11	2.99	4.29	Compare

See top fund managers for Short Government Category Funds

 

Compare with Short Government category ETFs

Some Short Government ETFs for your consideration

ETF	Year to Date	One Year	Three Year
PowerShares Active Low Duration (PLK)	0.33%	0.58%	1.02%
PIMCO 1-3 Year US Treasury Index ETF (TUZ)	0.16%	0.52%	1.11%
Schwab Short-Term U.S. Treasury ETF (SCHO)	0.16%	0.46%	0
Vanguard Short-Term Govt Bd Idx ETF (VGSH)	0.03%	0.44%	1.06%
iShares Barclays 1-3 Year Treasury Bond (SHY)	0.07%	0.41%	1.03%

 

Sit US Government Securities (SNGVX) Fund Net Asset

Track net asset change of Sit US Government Securities fund (SNGVX)

Date	Net Asset
02/2013	$1.68B
01/2013	$1.69B
12/2012	$1.74B

More historic net asset information on Sit US Government Securities Fund (SNGVX)

  

Sit US Government Securities (SNGVX) Fund Portfolio Allocation

Track portfolio allocation change of Sit US Government Securities fund (SNGVX)

Date	Cash	Stock	Bond	Other
12/2012	0%	0%	99.68%	0.32%
09/2012	0%	0%	99.69%	0.31%
06/2012	1.13%	0%	98.18%	0.69%

Click here to see more historic asset allocation information on Sit US Government Securities Fund (SNGVX)

 

Top 10 Holdings in Sit US Government Securities (SNGVX) Fund

Discover what Sit US Government Securities Fund (SNGVX) manager is buying

Dec 30, 2012 FHLMC 3% [2.09%] FHLMC 2.5% [1.53%] FNMA CMO 6.5% [1.46%] FNMA 7% [1.31%] FNMA CMO 7% [1.26%] FHLMC CMO 7% [1.25%]

Sep 30, 2012 FHLMC 3% [2.25%] FNMA CMO 6.5% [1.61%] FHLMC 2.5% [1.53%] FNMA CMO 7% [1.53%] FNMA 7% [1.4%] FHLMC CMO 7% [1.39%]

Jun 29, 2012 US Treasury Note 0.75% [2.36%] FHLMC 3% [2.31%] FNMA CMO 7% [1.78%] FNMA CMO 6.5% [1.67%] FHLMC CMO 7% [1.49%] FNMA 7% [1.49%] FHLMC 2.5% [1.47%]

Click here for Stock Holding Change Map in Sit US Government Securities Fund (SNGVX)

  

Latest News on Sit US Government Securities (SNGVX) Fund

See what is happening with Sit US Government Securities Fund (SNGVX)

Yahoo! Finance: RSS feed not found

 

See more information on Sit US Government Securities (SNGVX) Fund

Popular pages on Sit US Government Securities (SNGVX) Fund

• Sit US Government Securities (SNGVX) Fund Research and Recommendation
• Sit US Government Securities (SNGVX) Fund Performance Data
• Sit US Government Securities (SNGVX) Fund Manager Information
• Historic Sit US Government Securities (SNGVX) Fund Asset Allocation Report
• Historic Sit US Government Securities (SNGVX) Fund Top 10 Holding Tracking
• Historic Sit US Government Securities (SNGVX) Fund Asset Under Management Tracking