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 $724,614,901
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 7/31/2026- Number of Holdings 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 8/28/2026- NAV
- NAV Change
- Market Price $76.68
- Market Price Change $-0.10
- Trading Volume (M) 160,662
- 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 $724,614,901
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 7/31/2026- Number of Holdings 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 8/28/2026- NAV
- NAV Change
- Market Price $76.68
- Market Price Change $-0.10
- Trading Volume (M) 160,662
- 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 8/28/2026
Holdings
as of 8/28/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.44% | HNI | HNI CORP | -- | $10,400,034.92 | 211,684 | 2435246 |
| 1.29% | PRGO | PERRIGO CO PLC | -- | $9,317,633.84 | 643,483 | BGH1M56 |
| 1.22% | EXPO | EXPONENT INC | -- | $8,860,492.63 | 123,871 | 2330318 |
| 1.21% | GIC | GLOBAL INDUSTRIAL CO | -- | $8,756,708.40 | 221,129 | BNBY595 |
| 1.18% | AVNT | AVIENT CORP | -- | $8,579,498.88 | 192,064 | BMHWY55 |
| 1.18% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $8,563,583.82 | 38,674 | 2363381 |
| 1.16% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $8,437,196.48 | 157,088 | 2965668 |
| 1.15% | CRAI | CRA INTERNATIONAL INC | -- | $8,312,025.00 | 47,500 | 2240622 |
| 1.14% | SCL | STEPAN CO | -- | $8,267,607.25 | 131,965 | 2845005 |
| 1.13% | AWR | AMERICAN STATES WATER CO | -- | $8,199,572.64 | 91,228 | 2267171 |
| 1.12% | KWR | QUAKER CHEMICAL CORPORATION | -- | $8,110,178.53 | 48,883 | 2715186 |
| 1.11% | YORW | YORK WATER CO | -- | $8,060,645.28 | 236,244 | 2425292 |
| 1.11% | CASS | CASS INFORMATION SYSTEMS INC | -- | $8,037,048.80 | 141,872 | 2086558 |
| 1.10% | JJSF | J & J SNACK FOODS CORP | -- | $7,983,146.62 | 89,437 | 2469171 |
| 1.09% | MATX | MATSON INC | -- | $7,905,357.33 | 35,243 | B8GNC91 |
| 1.09% | HTO | H2O AMERICA | -- | $7,870,222.65 | 123,843 | 2811932 |
| 1.09% | WSBC | WESBANCO INC | -- | $7,868,601.82 | 194,671 | 2953782 |
| 1.08% | MSEX | MIDDLESEX WATER CO | -- | $7,819,937.53 | 133,697 | 2589466 |
| 1.08% | MSBI | MIDLAND STATES BANCORP INC | -- | $7,811,562.00 | 236,714 | B6VRG58 |
| 1.08% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $7,807,792.08 | 154,671 | 2165383 |
| 1.08% | IOSP | INNOSPEC INC | -- | $7,791,401.44 | 81,688 | 2245597 |
| 1.07% | ALRS | ALERUS FINANCIAL CORP | -- | $7,777,006.56 | 234,813 | 2679141 |
| 1.06% | PEBO | PEOPLES BANCORP INC | -- | $7,707,603.72 | 194,342 | 2679419 |
| 1.06% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $7,670,062.98 | 100,053 | 2706470 |
| 1.05% | CNS | COHEN & STEERS INC | -- | $7,632,752.53 | 92,261 | B02H882 |
| 1.05% | CPK | CHESAPEAKE UTILITIES CORP | -- | $7,611,449.34 | 57,354 | 2190750 |
| 1.05% | NBTB | N B T BANCORP INC | -- | $7,584,603.05 | 147,131 | 2626459 |
| 1.04% | BCPC | BALCHEM CORP | -- | $7,569,781.68 | 42,422 | 2072074 |
| 1.04% | BHB | BAR HARBOR BANKSHARES | -- | $7,548,370.20 | 191,583 | 2618111 |
| 1.04% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,521,993.60 | 76,912 | 2888613 |
| 1.04% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $7,519,315.92 | 179,202 | B019FW2 |
| 1.04% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $7,515,640.00 | 187,891 | B9HHD96 |
| 1.04% | ALG | ALAMO GROUP INC | -- | $7,507,720.29 | 45,427 | 2021634 |
| 1.03% | ASB | ASSOCIATED BANC-CORP | -- | $7,488,885.84 | 242,202 | 2055718 |
| 1.03% | BUSE | FIRST BUSEY CORP | -- | $7,462,214.11 | 246,359 | BZ1LBM5 |
| 1.03% | HOMB | HOME BANCSHARES INC | -- | $7,459,915.48 | 251,854 | B17MTL9 |
| 1.03% | CTRE | CARETRUST REIT INC | -- | $7,449,187.74 | 190,858 | BMP8TL6 |
| 1.03% | SR | SPIRE INC | -- | $7,440,059.52 | 90,117 | BYXJQG9 |
| 1.03% | EIG | EMPLOYERS HOLDINGS INC | -- | $7,430,963.76 | 151,128 | B1Q1RR9 |
| 1.02% | UBSI | UNITED BANKSHARES INC | -- | $7,422,363.20 | 155,932 | 2905794 |
| 1.02% | STBA | S & T BANCORP INC | -- | $7,408,552.84 | 148,796 | 2781109 |
| 1.02% | HMN | HORACE MANN EDUCATORS | -- | $7,388,340.70 | 143,882 | 2437112 |
| 1.02% | MZTI | MARZETTI COMPANY/THE | -- | $7,359,751.08 | 64,087 | 2503206 |
| 1.01% | KAI | KADANT INC | -- | $7,347,152.16 | 24,309 | 2769978 |
| 1.01% | OGS | ONE GAS INC | -- | $7,325,147.25 | 92,175 | BJ0KXV4 |
| 1.01% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $7,319,843.10 | 198,585 | 2492133 |
| 1.01% | BMI | BADGER METER INC | -- | $7,287,138.96 | 53,736 | 2069128 |
| 1.00% | GFF | GRIFFON CORP | -- | $7,269,229.80 | 73,605 | 2463344 |
| 1.00% | UTL | UNITIL CORP | -- | $7,267,212.90 | 136,859 | 2925037 |
| 1.00% | GATX | GATX CORP | -- | $7,233,825.60 | 40,731 | 2362128 |
| 1.00% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $7,220,158.84 | 177,574 | BFZ9DB8 |
| 1.00% | FULT | FULTON FINANCIAL CORP | -- | $7,220,022.70 | 304,964 | 2356585 |
| 0.99% | UCB | UNITED COMMUNITY BANKS/GA | -- | $7,200,431.32 | 204,674 | 2862156 |
| 0.99% | OTTR | OTTER TAIL CORP | -- | $7,198,979.16 | 79,249 | 2664103 |
| 0.99% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $7,191,193.80 | 69,460 | 2763602 |
| 0.99% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $7,172,036.72 | 316,088 | 2810133 |
| 0.99% | ABM | ABM INDUSTRIES INC | -- | $7,171,756.80 | 151,944 | 2024901 |
| 0.99% | MGEE | MGE ENERGY INC | -- | $7,146,426.75 | 91,445 | 2554163 |
| 0.98% | FRME | FIRST MERCHANTS CORP | -- | $7,136,276.35 | 170,195 | 2342410 |
| 0.98% | BKH | BLACK HILLS CORP | -- | $7,114,161.60 | 97,722 | 2101741 |
| 0.98% | APOG | APOGEE ENTERPRISES INC | -- | $7,101,871.02 | 176,094 | 2046176 |
| 0.98% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $7,100,562.00 | 100,975 | B03PGL4 |
| 0.98% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $7,092,551.78 | 282,484 | BZ16HK0 |
| 0.98% | TXNM | TXNM ENERGY INC | -- | $7,075,713.48 | 122,757 | 2707826 |
| 0.97% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $7,045,038.00 | 142,324 | BFNR303 |
| 0.97% | INDB | INDEPENDENT BANK CORP/MA | -- | $7,037,137.36 | 85,756 | 2447821 |
| 0.97% | TRNO | TERRENO REALTY CORP | -- | $7,006,799.57 | 105,223 | B3N4753 |
| 0.96% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,977,733.27 | 243,381 | 2619880 |
| 0.96% | LNN | LINDSAY CORP | -- | $6,965,925.72 | 61,169 | 2516613 |
| 0.96% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,951,291.20 | 140,147 | B125XQ6 |
| 0.96% | GTY | GETTY REALTY CORP | -- | $6,944,412.03 | 211,269 | 2698146 |
| 0.96% | WAFD | WAFD INC | -- | $6,921,917.64 | 191,796 | 2941981 |
| 0.95% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,903,846.24 | 68,654 | 2350383 |
| 0.95% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,900,356.80 | 128,738 | 2630513 |
| 0.95% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,885,010.80 | 23,070 | 2840174 |
| 0.95% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,872,973.39 | 115,299 | 2537528 |
| 0.95% | MGRC | MCGRATH RENTCORP | -- | $6,858,399.24 | 61,083 | 2551551 |
| 0.94% | WDFC | WD-40 CO | -- | $6,798,072.51 | 31,303 | 2944742 |
| 0.94% | MTRN | MATERION CORP | -- | $6,776,540.96 | 28,504 | 2149622 |
| 0.93% | HY | HYSTER-YALE INC | -- | $6,740,089.61 | 198,413 | B7LG306 |
| 0.93% | ODC | OIL-DRI CORP OF AMERICA | -- | $6,727,386.99 | 73,371 | 2657794 |
| 0.92% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,674,561.36 | 273,772 | B15RZR4 |
| 0.92% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,633,997.44 | 83,258 | 2125246 |
| 0.89% | GRC | GORMAN-RUPP CO | -- | $6,454,919.36 | 84,688 | 2379281 |
| 0.89% | PII | POLARIS INC | -- | $6,446,754.84 | 101,078 | 2692933 |
| 0.88% | ANDE | ANDERSONS INC/THE | -- | $6,410,356.08 | 99,293 | 2274922 |
| 0.87% | AVA | AVISTA CORP | -- | $6,287,864.24 | 166,964 | 2942605 |
| 0.86% | NPO | ENPRO INC | -- | $6,257,830.72 | 20,932 | 2951292 |
| 0.86% | FUL | H.B. FULLER CO. | -- | $6,214,785.15 | 110,289 | 2354664 |
| 0.85% | GOLF | ACUSHNET HOLDINGS CORP | -- | $6,130,457.58 | 70,538 | BD3WG50 |
| 0.84% | LMAT | LEMAITRE VASCULAR INC | -- | $6,110,579.75 | 75,955 | B1G6TJ0 |
| 0.83% | UVV | UNIVERSAL CORP/VA | -- | $6,023,409.12 | 131,688 | 2923804 |
| 0.83% | TRN | TRINITY INDUSTRIES INC | -- | $5,997,481.54 | 204,902 | 2904627 |
| 0.81% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,867,964.70 | 392,506 | BXC87C3 |
| 0.81% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,841,035.85 | 248,027 | BWC6PW6 |
| 0.80% | AMSF | AMERISAFE INC | -- | $5,789,805.00 | 220,564 | B0PPHS6 |
| 0.78% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,679,229.92 | 271,344 | 2568090 |
| 0.77% | TNC | TENNANT CO | -- | $5,550,951.45 | 80,135 | 2883641 |
| 0.76% | SHOE | SHOE STATION GROUP INC | -- | $5,509,129.80 | 402,420 | 2805474 |
| 0.64% | POWI | POWER INTEGRATIONS INC | -- | $4,626,552.53 | 90,195 | 2133045 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,341,971.57 | 1,341,972 | -- |
Index
as of 6/30/2026
- Total Number of Holdings100
- 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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