SDVSX Fees and Costs — Sit Dividend Growth Fund, Class S
Data updated: 2026-09-08
The net expense ratio is 0.95%: a 0.70% management fee plus a 0.25% 12b-1 fee. This share class carries a redemption fee of 2.00%. In fiscal 2026 the fund paid $59K in broker commissions, 0.0253% of average net assets, and portfolio turnover was 49%.
SDVSX Fees and Expenses
Annual operating expenses and sales charges of SDVSX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SDVSX Costs Over Time
On $10,000 invested in SDVSX, assuming 5% a year before costs, total costs come to $610 over 5 years, cutting the return by 1.02% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $335 | $610 |
| Value after costs | $10,398 | $11,241 | $12,152 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
SDVSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0253%
- Total broker commissions: $59K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
SDVSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $10K | 17.61% |
| RBC CAPITAL MARKETS, LLC | $9K | 16.45% |
| TD SECURITIES (USA) LLC | $8K | 14.00% |
| BARCLAYS CAPITAL, INC. | $7K | 12.00% |
| PIPER SANDLER & CO. | $6K | 10.54% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5K | 8.40% |
| INSTINET, LLC | $4K | 7.69% |
| MORGAN STANLEY & CO. LLC | $3K | 5.28% |
| JEFFERIES LLC | $2K | 4.12% |
| GOLDMAN SACHS & CO. LLC | $2K | 3.91% |
Sit Dividend Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SDVGX | Class I | 0.70% | — |
| SDVSX | Class S | 0.95% | — |
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.