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 5/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -0.35% | 1.51% | 9.93% | 10.38% | 15.71% | 11.59% | 4.31% | -- | 7.77% | 02/03/2015 |
| SMDV Market Price | -0.34% | 1.55% | 10.00% | 10.41% | 15.81% | 11.60% | 4.30% | -- | 7.78% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -0.34% | 1.60% | 10.15% | 10.57% | 16.17% | 12.02% | 4.71% | 7.84% | 8.23% | -- |
| 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 $689,687,468
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 6/30/2026- Number of Companies 100
- Price/Earnings Ratio 19.08
- Price/Book Ratio 1.73
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 $3.06 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 7/13/2026- NAV
- NAV Change
- Market Price $76.71
- Market Price Change $+0.15
- Trading Volume (M) 34,324
- 30-Day Median Bid Ask Spread 0.05%
- View Premium / Discount
Distributions
as of 6/30/2026- Distribution Frequency Quarterly
- 12-Month Yield 2.29%
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 $689,687,468
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 6/30/2026- Number of Companies 100
- Price/Earnings Ratio 19.08
- Price/Book Ratio 1.73
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 $3.06 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 7/13/2026- NAV
- NAV Change
- Market Price $76.71
- Market Price Change $+0.15
- Trading Volume (M) 34,324
- 30-Day Median Bid Ask Spread 0.05%
- View Premium / Discount
Distributions
as of 6/30/2026- Distribution Frequency Quarterly
- 12-Month Yield 2.29%
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 7/13/2026
Holdings
as of 7/13/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.16% | HNI | HNI CORP | -- | $7,972,695.83 | 200,773 | 2435246 |
| 1.10% | CRAI | CRA INTERNATIONAL INC | -- | $7,610,013.27 | 45,027 | 2240622 |
| 1.08% | EXPO | EXPONENT INC | -- | $7,468,200.37 | 117,443 | 2330318 |
| 1.08% | WDFC | WD-40 CO | -- | $7,459,928.10 | 29,670 | 2944742 |
| 1.08% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $7,430,490.21 | 36,663 | 2363381 |
| 1.08% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $7,416,614.40 | 148,928 | 2965668 |
| 1.07% | ODC | OIL-DRI CORP OF AMERICA | -- | $7,403,647.08 | 69,557 | 2657794 |
| 1.07% | AMSF | AMERISAFE INC | -- | $7,379,386.03 | 209,107 | B0PPHS6 |
| 1.07% | AWR | AMERICAN STATES WATER CO | -- | $7,356,314.70 | 86,494 | 2267171 |
| 1.06% | EIG | EMPLOYERS HOLDINGS INC | -- | $7,344,532.80 | 143,280 | B1Q1RR9 |
| 1.06% | HTO | H2O AMERICA | -- | $7,334,102.94 | 117,402 | 2811932 |
| 1.06% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $7,331,450.00 | 146,629 | 2165383 |
| 1.06% | GOLF | ACUSHNET HOLDINGS CORP | -- | $7,298,300.94 | 66,871 | BD3WG50 |
| 1.06% | CTRE | CARETRUST REIT INC | -- | $7,297,390.86 | 180,942 | BMP8TL6 |
| 1.06% | CPK | CHESAPEAKE UTILITIES CORP | -- | $7,280,284.97 | 54,367 | 2190750 |
| 1.05% | NJR | NEW JERSEY RESOURCES CORP | -- | $7,226,935.76 | 122,056 | 2630513 |
| 1.05% | LMAT | LEMAITRE VASCULAR INC | -- | $7,222,083.48 | 72,012 | B1G6TJ0 |
| 1.05% | WSBC | WESBANCO INC | -- | $7,218,063.38 | 184,558 | 2953782 |
| 1.04% | HMN | HORACE MANN EDUCATORS | -- | $7,166,561.08 | 136,402 | 2437112 |
| 1.04% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $7,143,682.77 | 78,927 | 2125246 |
| 1.04% | BMI | BADGER METER INC | -- | $7,138,693.64 | 50,947 | 2069128 |
| 1.03% | MGEE | MGE ENERGY INC | -- | $7,123,810.32 | 86,696 | 2554163 |
| 1.03% | SCL | STEPAN CO | -- | $7,106,304.80 | 125,111 | 2845005 |
| 1.03% | TRN | TRINITY INDUSTRIES INC | -- | $7,092,542.13 | 194,263 | 2904627 |
| 1.03% | PEBO | PEOPLES BANCORP INC | -- | $7,077,080.91 | 184,251 | 2679419 |
| 1.03% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $7,073,856.90 | 168,345 | BFZ9DB8 |
| 1.03% | GIC | GLOBAL INDUSTRIAL CO | -- | $7,070,988.55 | 209,635 | BNBY595 |
| 1.02% | ASB | ASSOCIATED BANC-CORP | -- | $7,065,222.78 | 229,614 | 2055718 |
| 1.02% | NBTB | N B T BANCORP INC | -- | $7,059,740.73 | 139,493 | 2626459 |
| 1.02% | CASS | CASS INFORMATION SYSTEMS INC | -- | $7,055,817.54 | 134,499 | 2086558 |
| 1.02% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $7,048,169.95 | 132,859 | B125XQ6 |
| 1.02% | SR | SPIRE INC | -- | $7,040,893.34 | 85,427 | BYXJQG9 |
| 1.02% | ANDE | ANDERSONS INC/THE | -- | $7,040,281.86 | 94,134 | 2274922 |
| 1.02% | MSEX | MIDDLESEX WATER CO | -- | $7,024,817.52 | 126,756 | 2589466 |
| 1.02% | OGS | ONE GAS INC | -- | $7,024,488.58 | 87,391 | BJ0KXV4 |
| 1.02% | BKH | BLACK HILLS CORP | -- | $7,022,036.20 | 92,639 | 2101741 |
| 1.02% | TRNO | TERRENO REALTY CORP | -- | $7,010,711.12 | 99,754 | B3N4753 |
| 1.02% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $7,007,655.60 | 95,733 | B03PGL4 |
| 1.02% | UTL | UNITIL CORP | -- | $7,002,553.53 | 129,749 | 2925037 |
| 1.01% | FULT | FULTON FINANCIAL CORP | -- | $6,987,885.38 | 289,114 | 2356585 |
| 1.01% | FRME | FIRST MERCHANTS CORP | -- | $6,986,888.00 | 161,360 | 2342410 |
| 1.01% | ALG | ALAMO GROUP INC | -- | $6,986,865.60 | 43,065 | 2021634 |
| 1.01% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,975,596.43 | 65,851 | 2763602 |
| 1.01% | GATX | GATX CORP | -- | $6,959,632.75 | 38,611 | 2362128 |
| 1.01% | ALRS | ALERUS FINANCIAL CORP | -- | $6,959,069.94 | 222,619 | 2679141 |
| 1.01% | HOMB | HOME BANCSHARES INC | -- | $6,948,061.50 | 238,765 | B17MTL9 |
| 1.01% | YORW | YORK WATER CO | -- | $6,936,288.96 | 223,968 | 2425292 |
| 1.01% | MZTI | MARZETTI COMPANY/THE | -- | $6,932,182.50 | 60,750 | 2503206 |
| 1.00% | WAFD | WAFD INC | -- | $6,925,980.88 | 181,832 | 2941981 |
| 1.00% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,916,344.03 | 169,893 | B019FW2 |
| 1.00% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,914,069.40 | 134,935 | BFNR303 |
| 1.00% | MSBI | MIDLAND STATES BANCORP INC | -- | $6,903,220.72 | 224,422 | B6VRG58 |
| 1.00% | GTY | GETTY REALTY CORP | -- | $6,901,993.40 | 200,290 | 2698146 |
| 1.00% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,896,039.44 | 194,036 | 2862156 |
| 1.00% | STBA | S & T BANCORP INC | -- | $6,895,061.68 | 141,061 | 2781109 |
| 1.00% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,886,347.66 | 299,667 | 2810133 |
| 1.00% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,878,031.49 | 230,729 | 2619880 |
| 0.99% | KWR | QUAKER CHEMICAL CORPORATION | -- | $6,858,725.02 | 46,349 | 2715186 |
| 0.99% | MATX | MATSON INC | -- | $6,855,702.70 | 33,418 | B8GNC91 |
| 0.99% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,852,614.16 | 94,859 | 2706470 |
| 0.99% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,850,274.57 | 257,239 | 2568090 |
| 0.99% | BUSE | FIRST BUSEY CORP | -- | $6,836,476.82 | 233,566 | BZ1LBM5 |
| 0.99% | UBSI | UNITED BANKSHARES INC | -- | $6,822,585.25 | 147,835 | 2905794 |
| 0.99% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $6,819,066.96 | 188,268 | 2492133 |
| 0.99% | BHB | BAR HARBOR BANKSHARES | -- | $6,805,825.98 | 181,634 | 2618111 |
| 0.98% | MGRC | MCGRATH RENTCORP | -- | $6,784,611.68 | 57,904 | 2551551 |
| 0.98% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,784,568.45 | 81,301 | 2447821 |
| 0.98% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,751,164.90 | 178,131 | B9HHD96 |
| 0.98% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $6,746,033.14 | 267,806 | BZ16HK0 |
| 0.98% | KAI | KADANT INC | -- | $6,727,234.92 | 23,044 | 2769978 |
| 0.98% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,726,822.42 | 21,873 | 2840174 |
| 0.97% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $6,724,045.77 | 372,111 | BXC87C3 |
| 0.97% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,717,319.64 | 65,084 | 2350383 |
| 0.97% | CNS | COHEN & STEERS INC | -- | $6,697,731.04 | 87,472 | B02H882 |
| 0.97% | OTTR | OTTER TAIL CORP | -- | $6,690,988.74 | 75,129 | 2664103 |
| 0.97% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,672,909.20 | 72,920 | 2888613 |
| 0.97% | MTRN | MATERION CORP | -- | $6,669,899.25 | 27,031 | 2149622 |
| 0.97% | LNN | LINDSAY CORP | -- | $6,664,101.12 | 57,984 | 2516613 |
| 0.97% | AVA | AVISTA CORP | -- | $6,660,716.96 | 158,287 | 2942605 |
| 0.96% | TXNM | TXNM ENERGY INC | -- | $6,643,791.66 | 116,374 | 2707826 |
| 0.96% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,637,606.80 | 109,315 | 2537528 |
| 0.95% | ABM | ABM INDUSTRIES INC | -- | $6,534,380.16 | 144,056 | 2024901 |
| 0.95% | NXRT | NEXPOINT RESIDENTIAL | -- | $6,524,996.25 | 235,135 | BWC6PW6 |
| 0.94% | JJSF | J & J SNACK FOODS CORP | -- | $6,495,297.00 | 84,795 | 2469171 |
| 0.94% | BCPC | BALCHEM CORP | -- | $6,492,793.92 | 40,218 | 2072074 |
| 0.94% | TNC | TENNANT CO | -- | $6,479,481.30 | 75,970 | 2883641 |
| 0.94% | AVNT | AVIENT CORP | -- | $6,476,656.74 | 182,082 | BMHWY55 |
| 0.94% | NPO | ENPRO INC | -- | $6,471,170.98 | 19,849 | 2951292 |
| 0.94% | APOG | APOGEE ENTERPRISES INC | -- | $6,465,973.50 | 166,950 | 2046176 |
| 0.93% | PII | POLARIS INC | -- | $6,413,901.90 | 95,830 | 2692933 |
| 0.93% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,384,880.80 | 259,548 | B15RZR4 |
| 0.92% | UVV | UNIVERSAL CORP/VA | -- | $6,364,954.96 | 124,852 | 2923804 |
| 0.92% | IOSP | INNOSPEC INC | -- | $6,352,977.41 | 77,447 | 2245597 |
| 0.92% | GRC | GORMAN-RUPP CO | -- | $6,310,794.00 | 80,290 | 2379281 |
| 0.91% | GFF | GRIFFON CORP | -- | $6,277,048.96 | 69,776 | 2463344 |
| 0.90% | PRGO | PERRIGO CO PLC | -- | $6,204,279.69 | 610,057 | BGH1M56 |
| 0.87% | HY | HYSTER-YALE INC | -- | $6,025,099.24 | 188,108 | B7LG306 |
| 0.86% | POWI | POWER INTEGRATIONS INC | -- | $5,938,161.60 | 85,515 | 2133045 |
| 0.85% | SHOE | SHOE STATION GROUP INC | -- | $5,867,531.52 | 381,504 | 2805474 |
| 0.85% | FUL | H.B. FULLER CO. | -- | $5,861,297.24 | 104,554 | 2354664 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,501,539.15 | 1,501,539 | -- |
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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