Morningstar

Sit US Government Securities Y SNGYX

Morningstar Medalist Rating
Medalist Rating as of | See Sit Investment Hub
  • NAV / 1-Day Return 10.35  /  −0.67 %
  • Total Assets 227.6 Mil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.87%
  • Effective Duration 3.00 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:30 PM GMT+0

Morningstar’s Analysis SNGYX

Will SNGYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SNGYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SNGYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SNGYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Sit US Government Securities Y boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SNGYX

More SNGYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 5.86902%

3.22 7.3 Mil
Securitized

Government National Mortgage Association 5.5%

3.12 7.1 Mil
Securitized

Government National Mortgage Association 5.5%

2.95 6.7 Mil
Securitized

Government National Mortgage Association 5.5%

2.86 6.5 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.00339%

2.21 5.0 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.5%

2.05 4.7 Mil
Securitized

Federal Home Loan Mortgage Corp. 6%

2.05 4.7 Mil
Securitized

Federal National Mortgage Association 4.5%

2.02 4.6 Mil
Securitized

Fnma Pass-Thru I 4.5%

2.00 4.5 Mil
Securitized

Government National Mortgage Association 4.82856%

1.99 4.5 Mil
Securitized

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