SNGVX Fees and Costs — Sit U S Government Securities Fund Inc, Class S
Data updated: 2026-08-21
The net expense ratio is 0.80%. There are no sales loads or redemption fees. Portfolio turnover was 13%.
SNGVX Fees and Expenses
Annual operating expenses and sales charges of SNGVX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SNGVX Costs Over Time
On $10,000 invested in SNGVX, assuming 5% a year before costs, total costs come to $502 over 5 years, cutting the return by 0.84% 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 0.80%) | $84 | $263 | $456 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $276 | $502 |
| Value after costs | $10,416 | $11,301 | $12,260 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
SNGVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $39.7M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
SNGVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HILLTOP SECURITIES INC. | $8.2M | 21.07% |
| Robert W. Baird & Co. Incorporated | $5.7M | 14.69% |
| BOK FINANCIAL SECURITIES, INC. | $5.6M | 14.37% |
| STONEX FINANCIAL INC. | $5.0M | 12.79% |
| CANTOR FITZGERALD & CO. | $4.9M | 12.51% |
| BREAN CAPITAL, LLC | $4.3M | 10.95% |
| STEPHENS INC. | $2.5M | 6.35% |
| Mizuho Securities USA LLC | $980K | 2.52% |
| ARBOR RESEARCH AND TRADING LLC | $977K | 2.51% |
| Wells Fargo Clearing Services, LLC | $868K | 2.23% |
Sit U S Government Securities Fund Inc Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SNGYX | Class Y | 0.55% | — |
| SNGVX | Class S | 0.80% | — |
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.