SDVCX — AIG Select Dividend Growth Fund
Data updated: 2021-06-29
SDVCX — AIG Select Dividend Growth Fund. Global (incl. US) Large Cap Blend / Core Equity · $77.52M AUM. Holdings, fees, performance and SEC filings.
SDVCX Fund Overview
SDVCX — AIG Select Dividend Growth Fund is a US mutual fund managed by Sunamerica Series, Inc., categorised as Global (incl. US) Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Sunamerica Series, Inc.
- Category: Global (incl. US) Large Cap Blend / Core Equity
- Assets under management: $77.52M
- 1-year return: 57.4%
- Ticker: SDVCX
- SEC CIK: 0001020861
- SEC series ID: S000045363
- Share class ID: C000141161
SDVCX Investment Objective and Strategy
AIG Select Dividend Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sunamerica Series, Inc..
Investment objective
The investment goals of the AIG Select Dividend Growth Fund (the Fund) are capital appreciation,
Principal investment strategy
The Funds principal investment strategies are value and growth and the Fund employs a blended approach of selecting stocks for the Fund based on both value and growth criteria, as further described below. The value oriented philosophy to which the Fund partly subscribes is that of investing in securities believed to be undervalued in the market, including by evaluating selection criteria relating to profitability and valuation. These selection criteria are usually calculated to identify stocks of companies with solid financial strength that have attractive valuations ( e.g. , as measured by low price earnings ratios) and that have generally been overlooked by the market. The growth oriented philosophy to which the Fund partly subscribes is that of investing in securities believed to offer the potential for long-term growth, including by evaluating selection criteria relating to historical dividend growth.
The principal investment technique of the Fund is to employ a buy and hold strategy with up to forty dividend paying equity securities selected annually from the Russell 1000 Index. At least 80% of the Funds net assets, plus any borrowings for investment purposes, will be invested in dividend paying equity securities. The Fund selects up to forty dividend paying stocks that the portfolio managers believe demonstrate the potential for long-term dividend growth, and which will be evaluated and adjusted at the discretion of the portfolio managers on an annual basis. These stocks are selected from the Russell 1000 Index and the selection criteria will generally include dividend growth, as well as a combination of factors that relate to profitability and valuation. Certain stocks in the Russell 1000 Index may be excluded as a result of liquidity screens or industry-related caps applied during the selection process.
While the securities selection process takes place on an annual basis, the portfolio managers may, from time to time, substitute certain securities for those selected for the Fund or reduce the position size of a portfolio security in between the annual rebalancings, under certain limited circumstances. These circumstances generally include when a security held by the Fund no longer meets the dividend yielding criteria, when the value of a security becomes a disproportionately large percentage of the Funds holdings, when the size of the Funds position in a security has the potential to create market liquidity or other issues in connection with the annual rebalancing or efficient management of the Fund, or to maintain an industry-related cap, each in the discretion of the portfolio managers.
The annual consideration of the stocks that meet the selection criteria takes place on or about August 1 each year, with the next annual consideration to occur on or about August 1, 2018. Immediately after the Fund buys and sells stock in connection with the Funds annual rebalancing, it will hold approximately an equal value of each of the forty stocks. In other words, the Fund will invest about 1/40 of its assets in each of the stocks that make up its portfolio. Thereafter, when an investor purchases shares of the Fund, SunAmerica will generally invest additional funds in the pre-selected stocks based on each stocks respective percentage of the Funds assets at the time. The Fund employs a strategy to hold stocks between its annual rebalancing dates, even if there are adverse developments concerning a particular stock, an industry, the economy or the stock market generally.
Due to changes in the market value of the stocks held by the Fund, it is likely that the weighting of the stocks in its portfolio will fluctuate throughout the course of the year. The principal investment strategies and principal investment techniques of the Fund may be changed without shareholder approval. You will receive at least sixty (60) days notice of any change to the 80% investment policy set forth above.
SDVCX Performance
Total returns for SDVCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 57.4% |
SDVCX Risk Information
Risk metrics for SDVCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.4%
SDVCX Costs and Fees
SDVCX costs about $178 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.78%
- Gross expense ratio: 2.74%
- Portfolio turnover: 47%
- Brokerage commissions: 3.51 bps of average net assets (SEC N-CEN)
SDVCX Cashflows
Over the 12 months to 2021-04, AIG Select Dividend Growth Fund had net inflows of $26.90M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | $4.67M |
| 2021-03 | $21.04M |
| 2021-02 | $103.18K |
| 2021-01 | $6.24M |
| 2020-12 | $1.29M |
| 2020-11 | −$422.91K |
SDVCX Debt Constituents
No individual debt constituents are reported in AIG Select Dividend Growth Fund's latest SEC N-PORT filing.
SDVCX Prospectus and SEC Filings
Official AIG Select Dividend Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-02-26
- Prospectus (485BPOS) — filed 2020-03-11
- Prospectus supplement (497) — filed 2021-03-03
- Portfolio holdings (N-PORT) — filed 2021-06-29
- Portfolio holdings (N-PORT) — filed 2021-03-31
- Portfolio holdings (N-PORT) — filed 2020-12-22
- Annual census (N-CEN) — filed 2021-01-14
- Annual census (N-CEN) — filed 2020-01-13
Related Funds
Other Global (incl. US) Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.