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 7/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 0.33% | 6.64% | 10.82% | 18.13% | 22.23% | 10.42% | 7.01% | 7.41% | 8.29% | 02/03/2015 |
| SMDV Market Price | 0.23% | 6.59% | 10.72% | 18.09% | 22.36% | 10.42% | 7.00% | 7.39% | 8.29% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 0.37% | 6.76% | 11.07% | 18.45% | 22.76% | 10.84% | 7.42% | 7.86% | 8.75% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 6.66% | 12.40% | 17.74% | 17.74% | 21.31% | 12.21% | 6.68% | 7.54% | 8.33% | 02/03/2015 |
| SMDV Market Price | 6.71% | 12.59% | 17.82% | 17.82% | 21.44% | 12.25% | 6.67% | 7.54% | 8.33% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 6.73% | 12.54% | 18.02% | 18.02% | 21.83% | 12.64% | 7.09% | 8.00% | 8.79% | -- |
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 $737,648,365
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 7/31/2026- Number of Companies 100
- Price/Earnings Ratio 18.54
- Price/Book Ratio 1.71
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 $2.97 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 8/26/2026- NAV
- NAV Change
- Market Price $77.03
- Market Price Change $+0.14
- Trading Volume (M) 69,011
- 30-Day Median Bid Ask Spread 0.05%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.53%
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 2.28%
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 $737,648,365
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 7/31/2026- Number of Companies 100
- Price/Earnings Ratio 18.54
- Price/Book Ratio 1.71
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 $2.97 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 8/26/2026- NAV
- NAV Change
- Market Price $77.03
- Market Price Change $+0.14
- Trading Volume (M) 69,011
- 30-Day Median Bid Ask Spread 0.05%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.53%
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 2.28%
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 6/30/2026 and Fund as of 8/26/2026
Holdings
as of 8/26/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.45% | HNI | HNI CORP | -- | $10,666,106.88 | 213,664 | 2435246 |
| 1.30% | PRGO | PERRIGO CO PLC | -- | $9,586,546.20 | 649,495 | BGH1M56 |
| 1.20% | GIC | GLOBAL INDUSTRIAL CO | -- | $8,809,309.30 | 223,190 | BNBY595 |
| 1.20% | EXPO | EXPONENT INC | -- | $8,794,750.88 | 125,032 | 2330318 |
| 1.18% | AVNT | AVIENT CORP | -- | $8,680,826.90 | 193,855 | BMHWY55 |
| 1.16% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $8,514,876.76 | 39,034 | 2363381 |
| 1.15% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $8,420,856.05 | 158,555 | 2965668 |
| 1.14% | SCL | STEPAN CO | -- | $8,347,518.66 | 133,198 | 2845005 |
| 1.12% | AWR | AMERICAN STATES WATER CO | -- | $8,271,815.89 | 92,083 | 2267171 |
| 1.11% | CRAI | CRA INTERNATIONAL INC | -- | $8,183,049.29 | 47,941 | 2240622 |
| 1.11% | CASS | CASS INFORMATION SYSTEMS INC | -- | $8,170,706.70 | 143,195 | 2086558 |
| 1.11% | YORW | YORK WATER CO | -- | $8,152,571.31 | 238,449 | 2425292 |
| 1.11% | KWR | QUAKER CHEMICAL CORPORATION | -- | $8,127,614.24 | 49,342 | 2715186 |
| 1.09% | JJSF | J & J SNACK FOODS CORP | -- | $8,007,755.17 | 90,274 | 2469171 |
| 1.08% | HTO | H2O AMERICA | -- | $7,959,681.60 | 124,995 | 2811932 |
| 1.08% | WSBC | WESBANCO INC | -- | $7,946,015.16 | 196,489 | 2953782 |
| 1.07% | MSEX | MIDDLESEX WATER CO | -- | $7,895,807.48 | 134,948 | 2589466 |
| 1.07% | IOSP | INNOSPEC INC | -- | $7,887,453.98 | 82,453 | 2245597 |
| 1.07% | MATX | MATSON INC | -- | $7,885,420.40 | 35,576 | B8GNC91 |
| 1.07% | ALRS | ALERUS FINANCIAL CORP | -- | $7,875,809.07 | 237,009 | 2679141 |
| 1.07% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $7,846,138.86 | 156,111 | 2165383 |
| 1.07% | MSBI | MIDLAND STATES BANCORP INC | -- | $7,834,449.12 | 238,928 | B6VRG58 |
| 1.06% | PEBO | PEOPLES BANCORP INC | -- | $7,787,552.00 | 196,160 | 2679419 |
| 1.06% | CPK | CHESAPEAKE UTILITIES CORP | -- | $7,767,009.30 | 57,885 | 2190750 |
| 1.06% | CNS | COHEN & STEERS INC | -- | $7,760,106.25 | 93,125 | B02H882 |
| 1.05% | BCPC | BALCHEM CORP | -- | $7,698,248.22 | 42,818 | 2072074 |
| 1.05% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $7,697,381.58 | 100,989 | 2706470 |
| 1.05% | CTRE | CARETRUST REIT INC | -- | $7,694,041.60 | 192,640 | BMP8TL6 |
| 1.04% | NBTB | N B T BANCORP INC | -- | $7,649,647.08 | 148,508 | 2626459 |
| 1.04% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $7,636,584.72 | 180,876 | B019FW2 |
| 1.03% | SR | SPIRE INC | -- | $7,609,211.64 | 90,954 | BYXJQG9 |
| 1.03% | BHB | BAR HARBOR BANKSHARES | -- | $7,601,531.94 | 193,374 | 2618111 |
| 1.03% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $7,597,218.76 | 189,646 | B9HHD96 |
| 1.03% | HOMB | HOME BANCSHARES INC | -- | $7,580,333.46 | 254,203 | B17MTL9 |
| 1.03% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,572,225.28 | 77,632 | 2888613 |
| 1.03% | ALG | ALAMO GROUP INC | -- | $7,555,621.50 | 45,850 | 2021634 |
| 1.03% | OGS | ONE GAS INC | -- | $7,545,462.90 | 93,039 | BJ0KXV4 |
| 1.03% | ASB | ASSOCIATED BANC-CORP | -- | $7,541,621.85 | 244,461 | 2055718 |
| 1.02% | KAI | KADANT INC | -- | $7,505,441.28 | 24,534 | 2769978 |
| 1.02% | EIG | EMPLOYERS HOLDINGS INC | -- | $7,497,390.15 | 152,541 | B1Q1RR9 |
| 1.02% | BUSE | FIRST BUSEY CORP | -- | $7,492,216.19 | 248,663 | BZ1LBM5 |
| 1.02% | GFF | GRIFFON CORP | -- | $7,489,816.98 | 74,289 | 2463344 |
| 1.02% | STBA | S & T BANCORP INC | -- | $7,488,074.52 | 150,182 | 2781109 |
| 1.02% | UBSI | UNITED BANKSHARES INC | -- | $7,468,155.50 | 157,390 | 2905794 |
| 1.02% | HMN | HORACE MANN EDUCATORS | -- | $7,467,366.66 | 145,223 | 2437112 |
| 1.01% | BMI | BADGER METER INC | -- | $7,439,016.00 | 54,240 | 2069128 |
| 1.01% | UTL | UNITIL CORP | -- | $7,431,770.60 | 138,137 | 2925037 |
| 1.00% | OTTR | OTTER TAIL CORP | -- | $7,385,199.71 | 79,987 | 2664103 |
| 1.00% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $7,358,115.69 | 200,439 | 2492133 |
| 1.00% | MZTI | MARZETTI COMPANY/THE | -- | $7,338,059.45 | 64,681 | 2503206 |
| 1.00% | GATX | GATX CORP | -- | $7,337,545.41 | 41,109 | 2362128 |
| 1.00% | MGEE | MGE ENERGY INC | -- | $7,327,697.00 | 92,300 | 2554163 |
| 1.00% | ABM | ABM INDUSTRIES INC | -- | $7,326,293.82 | 153,366 | 2024901 |
| 1.00% | FULT | FULTON FINANCIAL CORP | -- | $7,325,830.40 | 307,808 | 2356585 |
| 0.99% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $7,294,661.00 | 179,230 | BFZ9DB8 |
| 0.99% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $7,285,241.60 | 101,920 | B03PGL4 |
| 0.99% | BKH | BLACK HILLS CORP | -- | $7,276,995.18 | 98,631 | 2101741 |
| 0.99% | UCB | UNITED COMMUNITY BANKS/GA | -- | $7,275,818.04 | 206,582 | 2862156 |
| 0.99% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $7,274,112.00 | 319,040 | 2810133 |
| 0.99% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $7,263,188.80 | 70,108 | 2763602 |
| 0.99% | APOG | APOGEE ENTERPRISES INC | -- | $7,262,497.26 | 177,741 | 2046176 |
| 0.98% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $7,238,825.84 | 143,656 | BFNR303 |
| 0.98% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $7,213,561.30 | 285,121 | BZ16HK0 |
| 0.98% | TRNO | TERRENO REALTY CORP | -- | $7,176,204.28 | 106,204 | B3N4753 |
| 0.97% | INDB | INDEPENDENT BANK CORP/MA | -- | $7,165,188.46 | 86,557 | 2447821 |
| 0.97% | FRME | FIRST MERCHANTS CORP | -- | $7,160,123.84 | 171,788 | 2342410 |
| 0.97% | TXNM | TXNM ENERGY INC | -- | $7,129,206.00 | 123,900 | 2707826 |
| 0.97% | FELE | FRANKLIN ELECTRIC CO INC | -- | $7,105,304.22 | 69,293 | 2350383 |
| 0.97% | SXI | STANDEX INTERNATIONAL CORP | -- | $7,105,257.18 | 23,286 | 2840174 |
| 0.97% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $7,099,475.88 | 141,452 | B125XQ6 |
| 0.96% | GTY | GETTY REALTY CORP | -- | $7,090,230.00 | 213,240 | 2698146 |
| 0.96% | NJR | NEW JERSEY RESOURCES CORP | -- | $7,080,648.56 | 129,944 | 2630513 |
| 0.96% | HFWA | HERITAGE FINANCIAL CORP | -- | $7,059,952.26 | 245,649 | 2619880 |
| 0.96% | LNN | LINDSAY CORP | -- | $7,045,929.68 | 61,736 | 2516613 |
| 0.96% | MGRC | MCGRATH RENTCORP | -- | $7,037,347.50 | 61,650 | 2551551 |
| 0.95% | WAFD | WAFD INC | -- | $7,011,721.14 | 193,587 | 2941981 |
| 0.95% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,982,808.56 | 276,328 | B15RZR4 |
| 0.94% | HY | HYSTER-YALE INC | -- | $6,943,256.89 | 200,267 | B7LG306 |
| 0.94% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,921,059.13 | 116,379 | 2537528 |
| 0.93% | WDFC | WD-40 CO | -- | $6,841,978.78 | 31,591 | 2944742 |
| 0.92% | MTRN | MATERION CORP | -- | $6,792,102.70 | 28,774 | 2149622 |
| 0.91% | ODC | OIL-DRI CORP OF AMERICA | -- | $6,700,496.40 | 74,055 | 2657794 |
| 0.90% | GRC | GORMAN-RUPP CO | -- | $6,634,957.60 | 85,480 | 2379281 |
| 0.89% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,557,857.28 | 84,032 | 2125246 |
| 0.89% | ANDE | ANDERSONS INC/THE | -- | $6,538,352.80 | 100,220 | 2274922 |
| 0.89% | NPO | ENPRO INC | -- | $6,523,464.90 | 21,130 | 2951292 |
| 0.88% | PII | POLARIS INC | -- | $6,502,946.02 | 102,023 | 2692933 |
| 0.88% | FUL | H.B. FULLER CO. | -- | $6,461,835.75 | 111,315 | 2354664 |
| 0.87% | AVA | AVISTA CORP | -- | $6,429,076.15 | 168,521 | 2942605 |
| 0.84% | UVV | UNIVERSAL CORP/VA | -- | $6,202,093.86 | 132,921 | 2923804 |
| 0.84% | GOLF | ACUSHNET HOLDINGS CORP | -- | $6,179,726.00 | 71,195 | BD3WG50 |
| 0.83% | LMAT | LEMAITRE VASCULAR INC | -- | $6,103,380.26 | 76,666 | B1G6TJ0 |
| 0.83% | TRN | TRINITY INDUSTRIES INC | -- | $6,103,228.69 | 206,819 | 2904627 |
| 0.82% | NXRT | NEXPOINT RESIDENTIAL | -- | $6,060,731.40 | 250,340 | BWC6PW6 |
| 0.80% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,918,764.86 | 396,169 | BXC87C3 |
| 0.80% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,901,963.15 | 273,873 | 2568090 |
| 0.80% | SHOE | SHOE STATION GROUP INC | -- | $5,852,952.93 | 406,173 | 2805474 |
| 0.80% | AMSF | AMERISAFE INC | -- | $5,852,811.25 | 222,625 | B0PPHS6 |
| 0.77% | TNC | TENNANT CO | -- | $5,695,710.44 | 80,882 | 2883641 |
| 0.68% | POWI | POWER INTEGRATIONS INC | -- | $4,998,150.90 | 91,041 | 2133045 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,139,867.04 | 1,139,867 | -- |
Index
as of 6/30/2026
- Total Number of Companies100
- Price/Earnings Ratio19.33
- Price/Book Ratio1.80
- Dividend Yield ( % )3.05
- Avg. Index Market Capitalization$3.00 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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