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 2/28/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 2.01% | 8.30% | 6.59% | 8.74% | 7.15% | 6.48% | 5.75% | 8.22% | 7.81% | 02/03/2015 |
| SMDV Market Price | 1.94% | 8.33% | 6.65% | 8.73% | 7.22% | 6.47% | 5.70% | 8.15% | 7.81% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 2.05% | 8.41% | 6.80% | 8.83% | 7.57% | 6.87% | 6.16% | 8.68% | 8.27% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -0.41% | 0.00% | 3.03% | 0.34% | 0.34% | 5.36% | 5.59% | 7.51% | 7.11% | 02/03/2015 |
| SMDV Market Price | -0.37% | -0.03% | 3.07% | 0.27% | 0.27% | 5.38% | 5.55% | 7.52% | 7.11% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -0.38% | 0.09% | 3.23% | 0.72% | 0.72% | 5.75% | 5.99% | 7.97% | 7.56% | -- |
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 $606,325,923
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Options Available Yes
Characteristics
as of 2/28/2026- Number of Companies 102
- Price/Earnings Ratio 18.29
- 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 $2.90 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 3/20/2026- NAV $66.63
- NAV Change $-0.92
- Market Price $66.70
- Market Price Change $-0.80
- Trading Volume (M) 25,796
- 30-Day Median Bid Ask Spread 0.09%
- View Premium / Discount
Distributions
as of 2/28/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.60%
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 2.45%
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 $606,325,923
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Options Available Yes
Characteristics
as of 2/28/2026- Number of Companies 102
- Price/Earnings Ratio 18.29
- 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 $2.90 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 3/20/2026- NAV $66.63
- NAV Change $-0.92
- Market Price $66.70
- Market Price Change $-0.80
- Trading Volume (M) 25,796
- 30-Day Median Bid Ask Spread 0.09%
- View Premium / Discount
Distributions
as of 2/28/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.60%
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 2.45%
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 12/31/2025 and Fund as of 3/20/2026
Holdings
as of 3/20/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.13% | NSP | INSPERITY INC | -- | $6,847,146.46 | 279,818 | 2007281 |
| 1.07% | ANDE | ANDERSONS INC/THE | -- | $6,461,157.12 | 97,248 | 2274922 |
| 1.04% | MATX | MATSON INC | -- | $6,313,364.91 | 40,713 | B8GNC91 |
| 1.04% | POWI | POWER INTEGRATIONS INC | -- | $6,281,479.95 | 135,231 | 2133045 |
| 1.03% | NPO | ENPRO INC | -- | $6,261,733.88 | 25,253 | 2951292 |
| 1.03% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,248,955.90 | 24,827 | 2840174 |
| 1.03% | CSGS | CSG SYSTEMS INTL INC | -- | $6,226,345.72 | 77,956 | 2210885 |
| 1.02% | BMI | BADGER METER INC | -- | $6,190,549.30 | 41,845 | 2069128 |
| 1.02% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,190,284.17 | 202,363 | 2596949 |
| 1.02% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,187,051.52 | 173,696 | B9HHD96 |
| 1.02% | LMAT | LEMAITRE VASCULAR INC | -- | $6,166,086.31 | 58,001 | B1G6TJ0 |
| 1.01% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,148,730.41 | 70,199 | 2763602 |
| 1.01% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,147,466.68 | 119,554 | BFNR303 |
| 1.01% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,145,637.52 | 176,802 | B019FW2 |
| 1.01% | TXNM | TXNM ENERGY INC | -- | $6,143,051.09 | 105,787 | 2707826 |
| 1.01% | UBSI | UNITED BANKSHARES INC | -- | $6,138,723.00 | 155,175 | 2905794 |
| 1.01% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,134,982.00 | 203,820 | 2485876 |
| 1.01% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,131,680.27 | 82,939 | 2888613 |
| 1.01% | PEBO | PEOPLES BANCORP INC | -- | $6,125,516.50 | 194,770 | 2679419 |
| 1.01% | WSBC | WESBANCO INC | -- | $6,125,179.68 | 184,939 | 2953782 |
| 1.01% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,110,878.41 | 104,299 | 2706470 |
| 1.01% | STBA | S & T BANCORP INC | -- | $6,104,885.76 | 152,928 | 2781109 |
| 1.01% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,098,623.04 | 101,576 | 2125246 |
| 1.00% | NBTB | N B T BANCORP INC | -- | $6,091,070.91 | 149,621 | 2626459 |
| 1.00% | MGRC | MCGRATH RENTCORP | -- | $6,088,329.50 | 57,775 | 2551551 |
| 1.00% | BUSE | FIRST BUSEY CORP | -- | $6,077,421.00 | 248,058 | BZ1LBM5 |
| 1.00% | TCBK | TRICO BANCSHARES | -- | $6,074,496.00 | 131,825 | 2904133 |
| 1.00% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,070,413.86 | 223,013 | B15RZR4 |
| 1.00% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,068,546.46 | 320,409 | 2810133 |
| 1.00% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,066,555.21 | 245,709 | 2619880 |
| 1.00% | FRME | FIRST MERCHANTS CORP | -- | $6,064,536.24 | 165,879 | 2342410 |
| 1.00% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,063,612.02 | 201,382 | 2862156 |
| 1.00% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,055,681.80 | 109,506 | 2537528 |
| 1.00% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $6,054,727.48 | 220,252 | 2713395 |
| 1.00% | FULT | FULTON FINANCIAL CORP | -- | $6,049,905.48 | 308,354 | 2356585 |
| 1.00% | GTY | GETTY REALTY CORP | -- | $6,049,614.32 | 188,579 | 2698146 |
| 1.00% | ASB | ASSOCIATED BANC-CORP | -- | $6,048,012.95 | 247,565 | 2055718 |
| 1.00% | CASS | CASS INFORMATION SYSTEMS INC | -- | $6,039,680.40 | 139,035 | 2086558 |
| 1.00% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,037,986.36 | 114,226 | 2630513 |
| 0.99% | AVA | AVISTA CORP | -- | $6,026,123.61 | 157,053 | 2942605 |
| 0.99% | HTO | H2O AMERICA | -- | $6,024,888.20 | 107,014 | 2811932 |
| 0.99% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,023,808.00 | 80,640 | 2447821 |
| 0.99% | MBWM | MERCANTILE BANK CORP | -- | $6,020,172.80 | 123,770 | 2620257 |
| 0.99% | TR | TOOTSIE ROLL INDS | -- | $6,015,011.66 | 148,446 | 2896809 |
| 0.99% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,014,624.89 | 175,507 | BFZ9DB8 |
| 0.99% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $6,014,239.09 | 166,277 | 2965668 |
| 0.99% | ENSG | ENSIGN GROUP INC/THE | -- | $6,013,804.56 | 30,057 | B1YWPP8 |
| 0.99% | TRNO | TERRENO REALTY CORP | -- | $6,010,678.68 | 99,564 | B3N4753 |
| 0.99% | SR | SPIRE INC | -- | $6,006,667.92 | 67,918 | BYXJQG9 |
| 0.99% | PII | POLARIS INC | -- | $6,002,911.25 | 114,625 | 2692933 |
| 0.99% | GRC | GORMAN-RUPP CO | -- | $6,001,853.62 | 102,194 | 2379281 |
| 0.99% | OGS | ONE GAS INC | -- | $6,001,233.98 | 71,554 | BJ0KXV4 |
| 0.99% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,999,203.75 | 136,625 | 2165383 |
| 0.99% | DGICA | DONEGAL GROUP INC-CL A | -- | $5,997,656.14 | 355,522 | 2752730 |
| 0.99% | AWR | AMERICAN STATES WATER CO | -- | $5,989,652.00 | 82,730 | 2267171 |
| 0.99% | UVV | UNIVERSAL CORP/VA | -- | $5,981,688.90 | 117,634 | 2923804 |
| 0.98% | CNS | COHEN & STEERS INC | -- | $5,962,191.48 | 95,886 | B02H882 |
| 0.98% | HMN | HORACE MANN EDUCATORS | -- | $5,953,275.63 | 143,487 | 2437112 |
| 0.98% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,951,710.57 | 105,733 | 2222062 |
| 0.98% | UTL | UNITIL CORP | -- | $5,943,566.16 | 117,369 | 2925037 |
| 0.98% | ALG | ALAMO GROUP INC | -- | $5,920,110.60 | 37,047 | 2021634 |
| 0.97% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $5,891,098.20 | 20,345 | 2943620 |
| 0.97% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $5,887,385.51 | 116,709 | B125XQ6 |
| 0.97% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,884,335.78 | 242,553 | BZ16HK0 |
| 0.97% | AMSF | AMERISAFE INC | -- | $5,851,787.54 | 181,226 | B0PPHS6 |
| 0.96% | FELE | FRANKLIN ELECTRIC CO INC | -- | $5,848,153.51 | 65,059 | 2350383 |
| 0.96% | OTTR | OTTER TAIL CORP | -- | $5,824,703.40 | 69,177 | 2664103 |
| 0.96% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,819,304.66 | 181,967 | 2492133 |
| 0.96% | CPK | CHESAPEAKE UTILITIES CORP | -- | $5,818,957.90 | 47,098 | 2190750 |
| 0.96% | SCL | STEPAN CO | -- | $5,818,662.60 | 129,765 | 2845005 |
| 0.96% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,806,521.00 | 373,650 | BXC87C3 |
| 0.96% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,806,208.76 | 242,836 | 2568090 |
| 0.95% | EXPO | EXPONENT INC | -- | $5,783,485.56 | 86,631 | 2330318 |
| 0.95% | MGEE | MGE ENERGY INC | -- | $5,782,510.65 | 78,005 | 2554163 |
| 0.95% | TRN | TRINITY INDUSTRIES INC | -- | $5,781,442.40 | 195,319 | 2904627 |
| 0.95% | MSEX | MIDDLESEX WATER CO | -- | $5,775,219.21 | 115,113 | 2589466 |
| 0.95% | BCPC | BALCHEM CORP | -- | $5,757,187.36 | 35,536 | 2072074 |
| 0.95% | BKH | BLACK HILLS CORP | -- | $5,748,354.56 | 84,734 | 2101741 |
| 0.95% | GATX | GATX CORP | -- | $5,735,018.70 | 34,821 | 2362128 |
| 0.94% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,724,917.25 | 144,150 | 2927497 |
| 0.94% | MTRN | MATERION CORP | -- | $5,704,727.88 | 43,198 | 2149622 |
| 0.94% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $5,700,657.60 | 89,352 | B03PGL4 |
| 0.94% | IOSP | INNOSPEC INC | -- | $5,691,446.42 | 86,378 | 2245597 |
| 0.94% | YORW | YORK WATER CO | -- | $5,689,667.47 | 190,481 | 2425292 |
| 0.94% | SCVL | SHOE CARNIVAL INC | -- | $5,688,502.54 | 321,566 | 2805474 |
| 0.93% | WDFC | WD-40 CO | -- | $5,635,917.31 | 26,357 | 2944742 |
| 0.93% | CTRE | CARETRUST REIT INC | -- | $5,629,867.20 | 155,952 | BMP8TL6 |
| 0.92% | APOG | APOGEE ENTERPRISES INC | -- | $5,606,754.46 | 176,702 | 2046176 |
| 0.92% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,599,039.38 | 227,326 | BWC6PW6 |
| 0.92% | KAI | KADANT INC | -- | $5,580,026.40 | 18,826 | 2769978 |
| 0.92% | LAND | GLADSTONE LAND CORP | -- | $5,566,737.13 | 531,010 | B83TNY4 |
| 0.91% | MZTI | MARZETTI COMPANY/THE | -- | $5,527,773.28 | 38,366 | 2503206 |
| 0.91% | LNN | LINDSAY CORP | -- | $5,525,688.14 | 48,062 | 2516613 |
| 0.91% | KWR | QUAKER CHEMICAL CORPORATION | -- | $5,516,699.20 | 48,080 | 2715186 |
| 0.91% | GFF | GRIFFON CORP | -- | $5,490,303.00 | 80,444 | 2463344 |
| 0.90% | AVNT | AVIENT CORP | -- | $5,432,071.21 | 170,231 | BMHWY55 |
| 0.89% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $5,422,940.56 | 38,669 | 2363381 |
| 0.89% | HY | HYSTER-YALE INC | -- | $5,421,970.20 | 186,322 | B7LG306 |
| 0.89% | JJSF | J & J SNACK FOODS CORP | -- | $5,381,788.00 | 72,200 | 2469171 |
| 0.88% | ABM | ABM INDUSTRIES INC | -- | $5,312,333.81 | 142,079 | 2024901 |
| 0.86% | FUL | H.B. FULLER CO. | -- | $5,225,775.09 | 106,021 | 2354664 |
| 0.84% | HNI | HNI CORP | -- | $5,108,934.93 | 150,307 | 2435246 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,691,028.06 | 2,691,028 | -- |
Index
as of 12/31/2025
- Total Number of Companies104
- Price/Earnings Ratio18.48
- Price/Book Ratio1.61
- Dividend Yield ( % )3.26
- Avg. Index Market Capitalization$2.67 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 |
|---|
Dividend Growers Insights and Research
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