SDMGX Performance — Sit Developing Markets Growth Fund
Data updated: 2026-09-08
SDMGX returned +22.26% year to date and +45.95% over one year to Jun 2026. Annualised returns are +23.82% over 3 years and +8.32% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $190, against $179 for the category, and to $146 over one year, against $141. Volatility over the past three years was 17.26% a year. In the 12 months to Jun 2026 the fund took in a net $195K, and assets reached $14.47M.
SDMGX Growth of $100
What $100 invested in Sit Developing Markets Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | SDMGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $146 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $190 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $149 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $201 | $195 |
SDMGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +22.26% |
| 1 year | +45.95% |
| 3 years (annualised) | +23.82% |
| 5 years (annualised) | +8.32% |
SDMGX Annual Returns
Calendar-year total returns of Sit Developing Markets Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +22.26% |
| 2025 | +36.14% |
| 2024 | +13.61% |
| 2023 | +7.33% |
| 2022 | −17.19% |
| 2021 | −8.85% |
| 2020 | +23.14% |
| 2019 (Jul–Dec) | +6.47% |
SDMGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.2% | +4.0% | −10.1% | +13.8% | +10.8% | −2.3% | — | — | — | — | — | — |
| 2025 | +0.4% | −1.7% | −0.9% | +1.8% | +8.2% | +5.9% | +2.4% | +2.0% | +7.1% | +5.8% | −2.3% | +3.1% |
| 2024 | −4.9% | +3.3% | +4.3% | −0.2% | +2.0% | +3.6% | −0.2% | +1.2% | +7.5% | −3.0% | −1.4% | +1.2% |
| 2023 | +10.1% | −5.9% | +3.2% | −2.2% | −2.2% | +4.4% | +4.8% | −6.5% | −4.4% | −4.4% | +6.6% | +5.1% |
| 2022 | +0.3% | −5.3% | −2.3% | −7.4% | +1.4% | −4.5% | +0.3% | −1.2% | −11.2% | −4.7% | +20.4% | −1.4% |
| 2021 | +3.5% | +1.2% | −3.5% | +1.5% | +0.4% | −0.2% | −5.5% | +1.2% | −4.9% | +1.8% | −6.1% | +2.1% |
| 2020 | −4.5% | −2.6% | −15.0% | +8.0% | +2.8% | +9.3% | +7.3% | +3.7% | −2.1% | +1.8% | +8.2% | +7.0% |
| 2019 | — | — | — | — | — | — | −2.1% | −3.5% | +0.6% | +5.2% | −0.1% | +6.6% |
SDMGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.26%
- 3-year Sharpe ratio: 1.12 (vs 4.5% risk-free rate)
- Best month: +13.77% (Apr 2026)
- Worst month: −10.12% (Mar 2026)
SDMGX Fund Flows
Monthly money in and out of Sit Developing Markets Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $195K
- 12-month gross sales (incl. reinvestments): $1.7M
- Sales ÷ redemptions: 1.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $269K | $179K | $91K |
| May 2026 | $73K | $216K | −$143K |
| Apr 2026 | $307K | $57K | $250K |
| Mar 2026 | $4K | $399K | −$395K |
| Feb 2026 | $136K | $9K | $127K |
| Jan 2026 | $250K | $109K | $140K |
| Dec 2025 | $283K | $7K | $276K |
| Nov 2025 | $30K | $152K | −$122K |
| Oct 2025 | $120K | $150K | −$29K |
| Sep 2025 | $63K | $155K | −$93K |
| Aug 2025 | $6K | $400 | $6K |
| Jul 2025 | $190K | $104K | $86K |
SDMGX Assets Under Management
Net assets of Sit Developing Markets Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $14.47M |
| 2026-03-31 | $11.57M |
| 2025-12-31 | $11.78M |
| 2025-09-30 | $11.03M |
| 2025-06-30 | $9.85M |
| 2025-03-31 | $8.63M |
| 2024-12-31 | $9.15M |
| 2024-09-30 | $10.11M |
| 2024-06-28 | $9.06M |
| 2024-03-28 | $8.59M |
| 2023-12-29 | $9.63M |
| 2023-09-29 | $9.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.