PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
SIT U.S. Government Securities Fund (SNGVX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

SIT U.S. Government Securities Fund (SNGVX)

Mutual Fund · Currency in USD · Last updated May 31, 2025

The investment seeks high current income and safety of principal. The fund invests exclusively in U.S. government securities, which are securities issued, guaranteed or insured by the U.S. government, its agencies or instrumentalities. It invests a substantial portion of its assets in pass-through securities. The Adviser attempts to maintain an average effective duration for the portfolio of approximately 0 to 5 years. The fund's dollar-weighted average maturity will, under normal market conditions, range between 15 and 25 years.

Fund Info

ISIN

US8298001012

CUSIP

829800101

Issuer

Sit

Inception Date

Jun 1, 1987

Category

Government Bonds

Min. Investment

$5,000

Asset Class

Bond

Expense Ratio

SNGVX has an expense ratio of 0.80%, placing it in the medium range.

Share Price Chart

Loading data...

Compare to other instruments

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

SIT U.S. Government Securities Fund

Performance

Performance Chart

Loading data...

S&P 500

Returns By Period

SIT U.S. Government Securities Fund (SNGVX) returned 2.48% year-to-date (YTD) and 5.57% over the past 12 months. Over the past 10 years, SNGVX returned 1.38% annually, underperforming the S&P 500 benchmark at 10.85%.

SNGVX

YTD

2.48%

1M

-0.87%

6M

1.42%

1Y

5.57%

3Y*

1.68%

5Y*

0.53%

10Y*

1.38%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of SNGVX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.52%1.90%0.32%0.60%-0.87%2.48%
20240.03%-0.76%0.60%-1.15%0.81%1.09%1.52%1.27%0.99%-1.92%0.99%-1.03%2.40%
20231.24%-0.98%1.15%0.34%-0.49%-0.72%-0.04%-0.03%-1.53%-1.11%2.66%2.79%3.23%
2022-0.39%-0.05%-0.81%-0.63%0.29%-0.13%0.74%-1.73%-1.99%-0.65%0.93%-0.12%-4.49%
20210.04%0.01%-0.08%0.16%0.06%0.03%0.36%-0.21%-0.56%-0.07%-0.05%-0.62%-0.96%
20200.99%1.41%0.71%0.26%0.03%0.15%0.27%-0.06%0.03%-0.28%0.09%0.00%3.64%
20190.30%0.11%0.84%0.10%0.75%0.45%-0.24%1.27%-0.29%-0.01%-0.07%0.09%3.34%
2018-0.47%-0.01%0.25%-0.09%0.24%0.15%-0.08%0.54%-0.03%-0.07%0.52%0.84%1.81%
20170.05%0.51%-0.23%0.28%0.24%-0.06%0.05%0.31%-0.15%0.07%0.06%0.22%1.35%
20160.57%0.36%0.06%0.05%0.08%0.60%0.10%-0.02%0.11%-0.24%-0.97%0.01%0.71%
20150.33%-0.01%0.46%0.07%0.06%-0.09%0.22%0.05%0.23%-0.09%0.13%0.18%1.55%
20140.38%0.16%0.08%0.14%-0.04%0.25%0.22%0.23%0.15%0.08%0.23%0.31%2.22%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 84, SNGVX is among the top 16% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of SNGVX is 8484
Overall Rank
The Sharpe Ratio Rank of SNGVX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of SNGVX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of SNGVX is 8484
Omega Ratio Rank
The Calmar Ratio Rank of SNGVX is 8686
Calmar Ratio Rank
The Martin Ratio Rank of SNGVX is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SIT U.S. Government Securities Fund (SNGVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

SIT U.S. Government Securities Fund Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 1.41
  • 5-Year: 0.15
  • 10-Year: 0.48
  • All Time: 1.43

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of SIT U.S. Government Securities Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

SIT U.S. Government Securities Fund provided a 3.75% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 3 consecutive years.

1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.10$0.20$0.30$0.4020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.39$0.38$0.33$0.21$0.10$0.17$0.24$0.22$0.18$0.18$0.22$0.20

Dividend yield

3.75%3.78%3.24%2.04%0.94%1.50%2.18%2.06%1.62%1.64%2.00%1.83%

Monthly Dividends

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.03$0.03$0.03$0.03$0.00$0.13
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.38
2023$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.33
2022$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.21
2021$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.01$0.00$0.00$0.01$0.10
2020$0.02$0.02$0.02$0.02$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.17
2019$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.02$0.24
2018$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.22
2017$0.02$0.02$0.02$0.01$0.02$0.01$0.02$0.01$0.01$0.02$0.02$0.01$0.18
2016$0.01$0.02$0.02$0.02$0.02$0.02$0.01$0.02$0.01$0.01$0.01$0.01$0.18
2015$0.02$0.02$0.02$0.03$0.02$0.02$0.01$0.02$0.02$0.01$0.02$0.02$0.22
2014$0.01$0.02$0.02$0.02$0.02$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.20

Drawdowns

Drawdowns Chart

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.

Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the SIT U.S. Government Securities 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 U.S. Government Securities Fund was 8.88%, occurring on Oct 19, 2023. Recovery took 197 trading sessions.

The current SIT U.S. Government Securities Fund drawdown is 1.33%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.88%Aug 3, 2021558Oct 19, 2023197Aug 2, 2024755
-3.42%Mar 10, 202011Mar 24, 2020332Jul 19, 2021343
-3.25%Oct 4, 2012233Sep 10, 2013388Mar 26, 2015621
-3.17%Sep 17, 202481Jan 13, 202533Mar 3, 2025114
-2.71%Dec 31, 199123Jan 30, 199271May 8, 199294
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading data...