SMDV invests in quality U.S. small-cap companies that have not only paid but grown dividends for 10+ years.*
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Performance
Growth of $10,000
Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
Month-End Total Returns as of 4/30/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 5.75% | 3.92% | 13.41% | 10.77% | 18.40% | 10.26% | 4.66% | -- | 7.87% | 02/03/2015 |
| SMDV Market Price | 5.87% | 3.88% | 13.40% | 10.79% | 18.51% | 10.30% | 4.65% | -- | 7.87% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 5.80% | 4.03% | 13.66% | 10.95% | 18.89% | 10.68% | 5.06% | 8.21% | 8.33% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -3.67% | 4.75% | 4.75% | 4.75% | 7.75% | 7.00% | 3.76% | 7.15% | 7.39% | 02/03/2015 |
| SMDV Market Price | -3.76% | 4.65% | 4.62% | 4.65% | 7.62% | 6.99% | 3.70% | 7.12% | 7.38% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -3.64% | 4.87% | 4.96% | 4.87% | 8.18% | 7.41% | 4.16% | 7.60% | 7.84% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker SMDV
- Intraday Ticker SMDV.IV
- CUSIP 74347B698
- Inception Date 2/3/15
- Net Assets $674,610,456
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 5/31/2026- Number of Companies 101
- Price/Earnings Ratio 18.26
- Price/Book Ratio 1.67
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Avg. Market Cap $2.88 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
Price
as of 6/22/2026- NAV
- NAV Change
- Market Price $74.68
- Market Price Change $+0.03
- Trading Volume (M) 46,128
- View Premium / Discount
Distributions
as of 5/31/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.67%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Yield 2.38%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Snapshot
- Ticker SMDV
- Intraday Ticker SMDV.IV
- CUSIP 74347B698
- Inception Date 2/3/15
- Net Assets $674,610,456
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 5/31/2026- Number of Companies 101
- Price/Earnings Ratio 18.26
- Price/Book Ratio 1.67
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Avg. Market Cap $2.88 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
Price
as of 6/22/2026- NAV
- NAV Change
- Market Price $74.68
- Market Price Change $+0.03
- Trading Volume (M) 46,128
- View Premium / Discount
Distributions
as of 5/31/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.67%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Yield 2.38%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Exposures
Index as of 3/31/2026 and Fund as of 6/22/2026
Holdings
as of 6/22/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.79% | MTRN | MATERION CORP | -- | $12,051,034.32 | 43,399 | 2149622 |
| 1.76% | POWI | POWER INTEGRATIONS INC | -- | $11,867,545.70 | 135,862 | 2133045 |
| 1.46% | NPO | ENPRO INC | -- | $9,835,455.80 | 25,372 | 2951292 |
| 1.42% | NSP | INSPERITY INC | -- | $9,589,207.86 | 281,126 | 2007281 |
| 1.34% | GRC | GORMAN-RUPP CO | -- | $9,028,124.82 | 102,674 | 2379281 |
| 1.22% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $8,231,488.74 | 102,153 | 2125246 |
| 1.19% | MATX | MATSON INC | -- | $8,050,937.49 | 40,903 | B8GNC91 |
| 1.19% | SXI | STANDEX INTERNATIONAL CORP | -- | $7,996,975.23 | 24,943 | 2840174 |
| 1.17% | PII | POLARIS INC | -- | $7,918,470.36 | 115,161 | 2692933 |
| 1.14% | FISI | FINANCIAL INSTITUTIONS INC | -- | $7,703,340.12 | 203,308 | 2596949 |
| 1.12% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,524,428.10 | 83,327 | 2888613 |
| 1.11% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $7,515,804.45 | 167,055 | 2965668 |
| 1.09% | APOG | APOGEE ENTERPRISES INC | -- | $7,353,251.18 | 177,529 | 2046176 |
| 1.08% | ASB | ASSOCIATED BANC-CORP | -- | $7,307,481.74 | 248,723 | 2055718 |
| 1.08% | CNS | COHEN & STEERS INC | -- | $7,283,662.52 | 96,332 | B02H882 |
| 1.08% | STBA | S & T BANCORP INC | -- | $7,268,897.64 | 153,644 | 2781109 |
| 1.08% | KWR | QUAKER CHEMICAL CORPORATION | -- | $7,257,192.96 | 48,304 | 2715186 |
| 1.07% | GFF | GRIFFON CORP | -- | $7,227,553.74 | 80,818 | 2463344 |
| 1.07% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $7,226,042.56 | 104,786 | 2706470 |
| 1.07% | HY | HYSTER-YALE INC | -- | $7,214,456.76 | 187,194 | B7LG306 |
| 1.06% | PEBO | PEOPLES BANCORP INC | -- | $7,161,888.00 | 195,680 | 2679419 |
| 1.06% | IOSP | INNOSPEC INC | -- | $7,156,994.01 | 86,783 | 2245597 |
| 1.06% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $7,154,350.00 | 20,441 | 2943620 |
| 1.06% | FULT | FULTON FINANCIAL CORP | -- | $7,140,797.80 | 309,796 | 2356585 |
| 1.06% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $7,136,611.68 | 321,904 | 2810133 |
| 1.05% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $7,112,086.43 | 38,849 | 2363381 |
| 1.05% | NBTB | N B T BANCORP INC | -- | $7,108,585.51 | 150,319 | 2626459 |
| 1.05% | BUSE | FIRST BUSEY CORP | -- | $7,107,668.84 | 249,217 | BZ1LBM5 |
| 1.05% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $7,098,758.64 | 221,283 | 2713395 |
| 1.05% | HMN | HORACE MANN EDUCATORS | -- | $7,067,968.68 | 144,156 | 2437112 |
| 1.04% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $7,034,362.98 | 70,527 | 2763602 |
| 1.04% | UBSI | UNITED BANKSHARES INC | -- | $7,007,660.05 | 155,899 | 2905794 |
| 1.04% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,986,075.74 | 176,327 | BFZ9DB8 |
| 1.03% | SCL | STEPAN CO | -- | $6,974,848.50 | 130,371 | 2845005 |
| 1.03% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,943,439.43 | 177,627 | B019FW2 |
| 1.03% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,931,800.72 | 246,859 | 2619880 |
| 1.03% | ANDE | ANDERSONS INC/THE | -- | $6,923,234.58 | 97,703 | 2274922 |
| 1.03% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,917,265.72 | 204,774 | 2485876 |
| 1.02% | TRN | TRINITY INDUSTRIES INC | -- | $6,893,630.16 | 196,232 | 2904627 |
| 1.02% | CASS | CASS INFORMATION SYSTEMS INC | -- | $6,893,454.75 | 139,685 | 2086558 |
| 1.02% | MGRC | MCGRATH RENTCORP | -- | $6,873,452.06 | 58,043 | 2551551 |
| 1.02% | FRME | FIRST MERCHANTS CORP | -- | $6,864,437.07 | 166,653 | 2342410 |
| 1.02% | FUL | H.B. FULLER CO. | -- | $6,850,043.96 | 106,516 | 2354664 |
| 1.02% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,847,693.92 | 174,508 | B9HHD96 |
| 1.01% | TCBK | TRICO BANCSHARES | -- | $6,827,944.20 | 132,440 | 2904133 |
| 1.01% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,827,610.06 | 65,361 | 2350383 |
| 1.01% | WSBC | WESBANCO INC | -- | $6,818,860.00 | 185,800 | 2953782 |
| 1.00% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,753,508.36 | 202,322 | 2862156 |
| 1.00% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $6,745,478.00 | 106,228 | 2222062 |
| 0.99% | MBWM | MERCANTILE BANK CORP | -- | $6,709,872.04 | 124,349 | 2620257 |
| 0.98% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,629,624.42 | 110,017 | 2537528 |
| 0.98% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,597,388.60 | 81,049 | 2447821 |
| 0.97% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $6,569,412.50 | 375,395 | BXC87C3 |
| 0.96% | TRNO | TERRENO REALTY CORP | -- | $6,480,878.91 | 100,029 | B3N4753 |
| 0.96% | AWR | AMERICAN STATES WATER CO | -- | $6,454,866.22 | 83,117 | 2267171 |
| 0.95% | AVNT | AVIENT CORP | -- | $6,375,886.56 | 171,027 | BMHWY55 |
| 0.94% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,372,496.40 | 243,970 | 2568090 |
| 0.93% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,289,940.79 | 114,759 | 2630513 |
| 0.93% | GATX | GATX CORP | -- | $6,288,374.00 | 34,984 | 2362128 |
| 0.93% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,280,379.16 | 89,771 | B03PGL4 |
| 0.93% | AVA | AVISTA CORP | -- | $6,265,721.77 | 157,787 | 2942605 |
| 0.93% | ABM | ABM INDUSTRIES INC | -- | $6,260,751.84 | 142,744 | 2024901 |
| 0.93% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,250,720.00 | 357,184 | 2752730 |
| 0.93% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $6,250,547.42 | 182,818 | 2492133 |
| 0.92% | GTY | GETTY REALTY CORP | -- | $6,219,906.14 | 189,458 | 2698146 |
| 0.92% | BKH | BLACK HILLS CORP | -- | $6,207,679.60 | 85,130 | 2101741 |
| 0.92% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $6,204,378.00 | 137,265 | 2165383 |
| 0.92% | NXRT | NEXPOINT RESIDENTIAL | -- | $6,173,354.67 | 228,389 | BWC6PW6 |
| 0.91% | OTTR | OTTER TAIL CORP | -- | $6,130,771.42 | 69,502 | 2664103 |
| 0.90% | HTO | H2O AMERICA | -- | $6,095,987.10 | 107,513 | 2811932 |
| 0.90% | TXNM | TXNM ENERGY INC | -- | $6,095,272.70 | 106,282 | 2707826 |
| 0.90% | UVV | UNIVERSAL CORP/VA | -- | $6,087,709.35 | 118,185 | 2923804 |
| 0.89% | UTL | UNITIL CORP | -- | $6,016,176.36 | 117,918 | 2925037 |
| 0.89% | ALG | ALAMO GROUP INC | -- | $5,994,442.05 | 37,221 | 2021634 |
| 0.89% | MSEX | MIDDLESEX WATER CO | -- | $5,988,305.22 | 115,649 | 2589466 |
| 0.88% | MGEE | MGE ENERGY INC | -- | $5,956,903.70 | 78,370 | 2554163 |
| 0.88% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,945,914.00 | 243,685 | BZ16HK0 |
| 0.88% | BCPC | BALCHEM CORP | -- | $5,911,345.71 | 35,703 | 2072074 |
| 0.88% | WDFC | WD-40 CO | -- | $5,907,952.80 | 26,480 | 2944742 |
| 0.87% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $5,885,028.45 | 117,255 | B125XQ6 |
| 0.87% | CTRE | CARETRUST REIT INC | -- | $5,873,933.20 | 156,680 | BMP8TL6 |
| 0.87% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $5,849,454.40 | 120,112 | BFNR303 |
| 0.86% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,800,809.84 | 224,056 | B15RZR4 |
| 0.85% | AMSF | AMERISAFE INC | -- | $5,717,155.00 | 182,075 | B0PPHS6 |
| 0.84% | KAI | KADANT INC | -- | $5,697,842.50 | 18,914 | 2769978 |
| 0.84% | BMI | BADGER METER INC | -- | $5,667,967.62 | 42,041 | 2069128 |
| 0.84% | YORW | YORK WATER CO | -- | $5,645,444.50 | 191,371 | 2425292 |
| 0.84% | LNN | LINDSAY CORP | -- | $5,636,424.78 | 48,286 | 2516613 |
| 0.83% | CPK | CHESAPEAKE UTILITIES CORP | -- | $5,629,541.43 | 47,319 | 2190750 |
| 0.82% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,532,238.60 | 144,823 | 2927497 |
| 0.81% | OGS | ONE GAS INC | -- | $5,494,323.41 | 71,887 | BJ0KXV4 |
| 0.80% | TR | TOOTSIE ROLL INDS | -- | $5,398,831.80 | 149,139 | 2896809 |
| 0.77% | JJSF | J & J SNACK FOODS CORP | -- | $5,203,222.47 | 72,539 | 2469171 |
| 0.77% | SR | SPIRE INC | -- | $5,181,689.96 | 68,234 | BYXJQG9 |
| 0.77% | LMAT | LEMAITRE VASCULAR INC | -- | $5,163,481.92 | 58,272 | B1G6TJ0 |
| 0.76% | HNI | HNI CORP | -- | $5,158,535.76 | 151,011 | 2435246 |
| 0.76% | SHOE | SHOE STATION GROUP INC | -- | $5,133,518.74 | 323,066 | 2805474 |
| 0.72% | EXPO | EXPONENT INC | -- | $4,862,757.19 | 87,037 | 2330318 |
| 0.70% | ENSG | ENSIGN GROUP INC/THE | -- | $4,734,285.66 | 30,197 | B1YWPP8 |
| 0.68% | LAND | GLADSTONE LAND CORP | -- | $4,557,773.66 | 533,491 | B83TNY4 |
| 0.60% | MZTI | MARZETTI COMPANY/THE | -- | $4,036,537.12 | 38,546 | 2503206 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,117,553.30 | 2,117,553 | -- |
Index
as of 3/31/2026
- Total Number of Companies99
- Price/Earnings Ratio17.63
- Price/Book Ratio1.65
- Dividend Yield ( % )3.24
- Avg. Index Market Capitalization$2.78 billion
About the Index
The Russell 2000 Dividend Growth Index is designed to measure the performance of companies in the Russell 2000 Index that have consistently increased dividends each year for at least the last 10 years.
Distributions
For
2026
- 2026
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
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