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 $737,523,710
- 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 8/12/2026- NAV
- NAV Change
- Market Price $78.43
- Market Price Change $+0.16
- Trading Volume (M) 169,729
- 30-Day Median Bid Ask Spread 0.06%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Quarterly
- 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 $737,523,710
- 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 8/12/2026- NAV
- NAV Change
- Market Price $78.43
- Market Price Change $+0.16
- Trading Volume (M) 169,729
- 30-Day Median Bid Ask Spread 0.06%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Quarterly
- 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 8/12/2026
Holdings
as of 8/12/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.40% | HNI | HNI CORP | -- | $10,613,485.04 | 215,546 | 2435246 |
| 1.24% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $9,373,456.80 | 39,376 | 2363381 |
| 1.17% | AVNT | AVIENT CORP | -- | $8,864,553.48 | 195,556 | BMHWY55 |
| 1.16% | GIC | GLOBAL INDUSTRIAL CO | -- | $8,787,526.44 | 225,148 | BNBY595 |
| 1.15% | SCL | STEPAN CO | -- | $8,725,987.80 | 134,370 | 2845005 |
| 1.13% | EXPO | EXPONENT INC | -- | $8,531,839.04 | 126,136 | 2330318 |
| 1.11% | KWR | QUAKER CHEMICAL CORPORATION | -- | $8,406,677.52 | 49,779 | 2715186 |
| 1.11% | WSBC | WESBANCO INC | -- | $8,402,376.24 | 198,216 | 2953782 |
| 1.11% | CASS | CASS INFORMATION SYSTEMS INC | -- | $8,369,548.88 | 144,452 | 2086558 |
| 1.10% | PRGO | PERRIGO CO PLC | -- | $8,314,551.45 | 655,205 | BGH1M56 |
| 1.09% | KAI | KADANT INC | -- | $8,267,811.84 | 24,748 | 2769978 |
| 1.09% | MTRN | MATERION CORP | -- | $8,223,604.32 | 29,032 | 2149622 |
| 1.08% | AWR | AMERICAN STATES WATER CO | -- | $8,170,203.20 | 92,896 | 2267171 |
| 1.08% | JJSF | J & J SNACK FOODS CORP | -- | $8,160,782.70 | 91,070 | 2469171 |
| 1.08% | PEBO | PEOPLES BANCORP INC | -- | $8,149,027.84 | 197,888 | 2679419 |
| 1.08% | CRAI | CRA INTERNATIONAL INC | -- | $8,148,491.50 | 48,359 | 2240622 |
| 1.07% | ALRS | ALERUS FINANCIAL CORP | -- | $8,090,974.80 | 239,095 | 2679141 |
| 1.07% | MSBI | MIDLAND STATES BANCORP INC | -- | $8,081,802.96 | 241,032 | B6VRG58 |
| 1.06% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $8,002,664.62 | 191,314 | B9HHD96 |
| 1.06% | NBTB | N B T BANCORP INC | -- | $8,001,725.97 | 149,817 | 2626459 |
| 1.06% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $7,987,853.06 | 159,949 | 2965668 |
| 1.06% | HOMB | HOME BANCSHARES INC | -- | $7,980,226.08 | 256,434 | B17MTL9 |
| 1.06% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $7,978,144.49 | 101,879 | 2706470 |
| 1.05% | CNS | COHEN & STEERS INC | -- | $7,968,499.72 | 93,946 | B02H882 |
| 1.05% | MSEX | MIDDLESEX WATER CO | -- | $7,932,702.99 | 136,137 | 2589466 |
| 1.05% | ASB | ASSOCIATED BANC-CORP | -- | $7,923,450.78 | 246,606 | 2055718 |
| 1.04% | HTO | H2O AMERICA | -- | $7,889,388.73 | 126,089 | 2811932 |
| 1.04% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $7,886,180.52 | 182,466 | B019FW2 |
| 1.04% | BHB | BAR HARBOR BANKSHARES | -- | $7,875,218.12 | 195,076 | 2618111 |
| 1.04% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $7,870,800.42 | 157,479 | 2165383 |
| 1.04% | CPK | CHESAPEAKE UTILITIES CORP | -- | $7,866,749.97 | 58,389 | 2190750 |
| 1.04% | GFF | GRIFFON CORP | -- | $7,859,497.44 | 74,938 | 2463344 |
| 1.04% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,856,761.44 | 78,317 | 2888613 |
| 1.04% | BUSE | FIRST BUSEY CORP | -- | $7,844,142.04 | 250,852 | BZ1LBM5 |
| 1.04% | YORW | YORK WATER CO | -- | $7,827,269.22 | 240,543 | 2425292 |
| 1.03% | STBA | S & T BANCORP INC | -- | $7,797,653.53 | 151,499 | 2781109 |
| 1.03% | SXI | STANDEX INTERNATIONAL CORP | -- | $7,764,810.76 | 23,492 | 2840174 |
| 1.03% | BCPC | BALCHEM CORP | -- | $7,764,553.44 | 43,194 | 2072074 |
| 1.03% | UBSI | UNITED BANKSHARES INC | -- | $7,764,146.40 | 158,776 | 2905794 |
| 1.03% | IOSP | INNOSPEC INC | -- | $7,745,721.60 | 83,180 | 2245597 |
| 1.02% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $7,743,287.30 | 202,201 | 2492133 |
| 1.02% | APOG | APOGEE ENTERPRISES INC | -- | $7,704,778.82 | 179,306 | 2046176 |
| 1.02% | MATX | MATSON INC | -- | $7,697,253.85 | 35,893 | B8GNC91 |
| 1.02% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $7,673,279.32 | 180,803 | BFZ9DB8 |
| 1.02% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $7,672,760.96 | 321,844 | 2810133 |
| 1.01% | ALG | ALAMO GROUP INC | -- | $7,641,755.44 | 46,252 | 2021634 |
| 1.01% | CTRE | CARETRUST REIT INC | -- | $7,610,080.28 | 194,333 | BMP8TL6 |
| 1.00% | SR | SPIRE INC | -- | $7,588,477.08 | 91,748 | BYXJQG9 |
| 1.00% | UCB | UNITED COMMUNITY BANKS/GA | -- | $7,585,578.00 | 208,395 | 2862156 |
| 1.00% | FULT | FULTON FINANCIAL CORP | -- | $7,576,419.60 | 310,509 | 2356585 |
| 1.00% | MGEE | MGE ENERGY INC | -- | $7,571,949.16 | 93,113 | 2554163 |
| 1.00% | MZTI | MARZETTI COMPANY/THE | -- | $7,561,779.60 | 65,244 | 2503206 |
| 1.00% | HMN | HORACE MANN EDUCATORS | -- | $7,550,403.84 | 146,496 | 2437112 |
| 1.00% | OGS | ONE GAS INC | -- | $7,544,466.80 | 93,860 | BJ0KXV4 |
| 1.00% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $7,542,714.60 | 70,724 | 2763602 |
| 1.00% | UTL | UNITIL CORP | -- | $7,520,773.47 | 139,351 | 2925037 |
| 0.99% | FELE | FRANKLIN ELECTRIC CO INC | -- | $7,510,056.00 | 69,900 | 2350383 |
| 0.99% | MGRC | MCGRATH RENTCORP | -- | $7,496,141.52 | 62,188 | 2551551 |
| 0.99% | FRME | FIRST MERCHANTS CORP | -- | $7,493,578.48 | 173,302 | 2342410 |
| 0.99% | ABM | ABM INDUSTRIES INC | -- | $7,492,992.74 | 154,718 | 2024901 |
| 0.99% | INDB | INDEPENDENT BANK CORP/MA | -- | $7,450,844.94 | 87,318 | 2447821 |
| 0.99% | GATX | GATX CORP | -- | $7,443,920.68 | 41,468 | 2362128 |
| 0.98% | OTTR | OTTER TAIL CORP | -- | $7,434,592.32 | 80,688 | 2664103 |
| 0.98% | WDFC | WD-40 CO | -- | $7,408,380.00 | 31,864 | 2944742 |
| 0.98% | EIG | EMPLOYERS HOLDINGS INC | -- | $7,403,359.24 | 153,884 | B1Q1RR9 |
| 0.98% | HFWA | HERITAGE FINANCIAL CORP | -- | $7,382,051.37 | 247,803 | 2619880 |
| 0.98% | BMI | BADGER METER INC | -- | $7,374,479.63 | 54,719 | 2069128 |
| 0.98% | WAFD | WAFD INC | -- | $7,374,112.64 | 195,289 | 2941981 |
| 0.97% | TRNO | TERRENO REALTY CORP | -- | $7,358,100.48 | 107,136 | B3N4753 |
| 0.97% | LKFN | LAKELAND FINANCIAL CORP | -- | $7,308,523.50 | 117,406 | 2537528 |
| 0.97% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $7,295,373.48 | 144,922 | BFNR303 |
| 0.97% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $7,295,044.52 | 278,756 | B15RZR4 |
| 0.96% | BKH | BLACK HILLS CORP | -- | $7,278,981.04 | 99,494 | 2101741 |
| 0.96% | NPO | ENPRO INC | -- | $7,277,453.84 | 21,319 | 2951292 |
| 0.96% | NJR | NEW JERSEY RESOURCES CORP | -- | $7,257,197.76 | 131,091 | 2630513 |
| 0.96% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $7,254,908.64 | 102,819 | B03PGL4 |
| 0.95% | LNN | LINDSAY CORP | -- | $7,205,724.54 | 62,274 | 2516613 |
| 0.95% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $7,173,367.50 | 287,625 | BZ16HK0 |
| 0.95% | TXNM | TXNM ENERGY INC | -- | $7,165,447.38 | 124,986 | 2707826 |
| 0.94% | GTY | GETTY REALTY CORP | -- | $7,072,882.56 | 215,112 | 2698146 |
| 0.93% | PII | POLARIS INC | -- | $7,052,215.44 | 102,922 | 2692933 |
| 0.93% | GRC | GORMAN-RUPP CO | -- | $7,027,908.00 | 86,232 | 2379281 |
| 0.92% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,963,320.80 | 142,691 | B125XQ6 |
| 0.92% | HY | HYSTER-YALE INC | -- | $6,919,493.25 | 202,029 | B7LG306 |
| 0.91% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,867,822.34 | 84,767 | 2125246 |
| 0.89% | FUL | H.B. FULLER CO. | -- | $6,756,489.30 | 112,290 | 2354664 |
| 0.88% | ANDE | ANDERSONS INC/THE | -- | $6,633,171.00 | 101,100 | 2274922 |
| 0.88% | ODC | OIL-DRI CORP OF AMERICA | -- | $6,621,015.52 | 74,704 | 2657794 |
| 0.87% | AVA | AVISTA CORP | -- | $6,550,100.00 | 170,000 | 2942605 |
| 0.85% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,423,370.50 | 276,274 | 2568090 |
| 0.85% | GOLF | ACUSHNET HOLDINGS CORP | -- | $6,399,072.90 | 71,819 | BD3WG50 |
| 0.84% | LMAT | LEMAITRE VASCULAR INC | -- | $6,352,098.46 | 77,342 | B1G6TJ0 |
| 0.84% | SHOE | SHOE STATION GROUP INC | -- | $6,338,615.92 | 409,736 | 2805474 |
| 0.83% | AMSF | AMERISAFE INC | -- | $6,259,128.21 | 224,583 | B0PPHS6 |
| 0.83% | NXRT | NEXPOINT RESIDENTIAL | -- | $6,240,164.56 | 252,536 | BWC6PW6 |
| 0.80% | UVV | UNIVERSAL CORP/VA | -- | $6,062,344.53 | 134,093 | 2923804 |
| 0.80% | TRN | TRINITY INDUSTRIES INC | -- | $6,025,523.20 | 208,640 | 2904627 |
| 0.79% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,998,716.48 | 399,648 | BXC87C3 |
| 0.78% | POWI | POWER INTEGRATIONS INC | -- | $5,863,384.80 | 91,845 | 2133045 |
| 0.75% | TNC | TENNANT CO | -- | $5,650,246.00 | 81,592 | 2883641 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,473,696.58 | 1,473,697 | -- |
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 |
|---|
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