SIT Balanced Fund (SIBAX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in SIT Balanced Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

SIT Balanced Fund (SIBAX) has returned -7.32% so far this year and 10.39% over the past 12 months. Over the last ten years, SIBAX has returned 9.29% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 3, 1994, SIBAX's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, your investment would double in approximately 9.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +9.0%, while the worst month was Oct 2008 at -10.5%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SIBAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +7.3%, while the worst single day was Mar 16, 2020 at -6.9%.

SIT Balanced Fund has an annualized alpha of 1.86%, beta of 0.62, and R² of 0.89 versus S&P 500 Index. Calculated based on daily prices since January 04, 1994.

• This fund participated in 68.78% of S&P 500 Index downside but only 67.69% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.62 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

SIBAX has an expense ratio of 0.91%, placing it in the medium range.

SIBAX ranks 40 for risk / return — below 40% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for SIT Balanced Fund (SIBAX) and compare them to a chosen benchmark (S&P 500 Index).

SIT Balanced Fund provided a 3.66% dividend yield over the last twelve months, with an annual payout of $1.32 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for SIT Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the SIT Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SIT Balanced Fund was 40.93%, occurring on Jul 23, 2002. Recovery took 1203 trading sessions.

The current SIT Balanced Fund drawdown is 8.44%.

The chart below shows the rolling one-month volatility.