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 $623,223,363
- Expense Ratio 0.40%
- NAV Calculation Time
- 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 3/26/2026- NAV
- NAV Change
- Market Price $68.49
- Market Price Change $-0.14
- Trading Volume (M) 8,850
- 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 $623,223,363
- Expense Ratio 0.40%
- NAV Calculation Time
- 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 3/26/2026- NAV
- NAV Change
- Market Price $68.49
- Market Price Change $-0.14
- Trading Volume (M) 8,850
- 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 3/25/2026
Holdings
as of 3/25/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.16% | NSP | INSPERITY INC | -- | $7,258,153.02 | 278,517 | 2007281 |
| 1.13% | ANDE | ANDERSONS INC/THE | -- | $7,084,499.24 | 96,796 | 2274922 |
| 1.12% | POWI | POWER INTEGRATIONS INC | -- | $6,998,009.97 | 134,603 | 2133045 |
| 1.07% | MATX | MATSON INC | -- | $6,658,257.50 | 40,525 | B8GNC91 |
| 1.06% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,603,036.93 | 101,103 | 2125246 |
| 1.04% | GRC | GORMAN-RUPP CO | -- | $6,522,158.16 | 101,718 | 2379281 |
| 1.04% | SCL | STEPAN CO | -- | $6,492,973.74 | 129,162 | 2845005 |
| 1.04% | PII | POLARIS INC | -- | $6,481,566.52 | 114,092 | 2692933 |
| 1.03% | NPO | ENPRO INC | -- | $6,461,460.16 | 25,136 | 2951292 |
| 1.03% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,426,589.77 | 24,711 | 2840174 |
| 1.03% | LMAT | LEMAITRE VASCULAR INC | -- | $6,412,759.48 | 57,731 | B1G6TJ0 |
| 1.02% | BMI | BADGER METER INC | -- | $6,388,013.87 | 41,651 | 2069128 |
| 1.02% | MTRN | MATERION CORP | -- | $6,368,285.67 | 42,997 | 2149622 |
| 1.02% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,365,772.98 | 172,889 | B9HHD96 |
| 1.02% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,365,661.83 | 82,553 | 2888613 |
| 1.01% | NBTB | N B T BANCORP INC | -- | $6,324,844.75 | 148,925 | 2626459 |
| 1.01% | UBSI | UNITED BANKSHARES INC | -- | $6,309,445.90 | 154,454 | 2905794 |
| 1.01% | FRME | FIRST MERCHANTS CORP | -- | $6,303,823.44 | 165,108 | 2342410 |
| 1.01% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,294,406.25 | 201,421 | 2596949 |
| 1.01% | MGRC | MCGRATH RENTCORP | -- | $6,293,347.20 | 57,505 | 2551551 |
| 1.00% | STBA | S & T BANCORP INC | -- | $6,266,773.89 | 152,217 | 2781109 |
| 1.00% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,264,190.94 | 221,977 | B15RZR4 |
| 1.00% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,255,998.28 | 244,566 | 2619880 |
| 1.00% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,255,888.45 | 200,445 | 2862156 |
| 1.00% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,249,351.68 | 69,872 | 2763602 |
| 1.00% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,244,472.25 | 103,815 | 2706470 |
| 1.00% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,244,430.94 | 202,873 | 2485876 |
| 1.00% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,243,825.06 | 118,998 | BFNR303 |
| 1.00% | ALG | ALAMO GROUP INC | -- | $6,237,406.25 | 36,875 | 2021634 |
| 1.00% | WSBC | WESBANCO INC | -- | $6,234,789.60 | 184,080 | 2953782 |
| 1.00% | PEBO | PEOPLES BANCORP INC | -- | $6,226,911.68 | 193,864 | 2679419 |
| 1.00% | HY | HYSTER-YALE INC | -- | $6,223,903.36 | 185,456 | B7LG306 |
| 1.00% | TCBK | TRICO BANCSHARES | -- | $6,220,760.92 | 131,212 | 2904133 |
| 1.00% | ASB | ASSOCIATED BANC-CORP | -- | $6,219,489.36 | 246,414 | 2055718 |
| 1.00% | CSGS | CSG SYSTEMS INTL INC | -- | $6,216,831.28 | 77,594 | 2210885 |
| 0.99% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,206,779.33 | 175,979 | B019FW2 |
| 0.99% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,191,086.40 | 108,998 | 2537528 |
| 0.99% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $6,188,231.95 | 165,505 | 2965668 |
| 0.99% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,171,797.70 | 174,690 | BFZ9DB8 |
| 0.99% | FULT | FULTON FINANCIAL CORP | -- | $6,169,092.00 | 306,920 | 2356585 |
| 0.99% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,167,874.12 | 318,918 | 2810133 |
| 0.99% | TR | TOOTSIE ROLL INDS | -- | $6,164,359.46 | 147,756 | 2896809 |
| 0.99% | TRN | TRINITY INDUSTRIES INC | -- | $6,156,964.70 | 194,410 | 2904627 |
| 0.99% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,153,119.28 | 113,694 | 2630513 |
| 0.99% | AVA | AVISTA CORP | -- | $6,152,873.28 | 156,323 | 2942605 |
| 0.98% | BUSE | FIRST BUSEY CORP | -- | $6,147,909.60 | 246,904 | BZ1LBM5 |
| 0.98% | AVNT | AVIENT CORP | -- | $6,145,552.53 | 169,439 | BMHWY55 |
| 0.98% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,139,357.80 | 241,707 | 2568090 |
| 0.98% | TXNM | TXNM ENERGY INC | -- | $6,137,645.55 | 105,295 | 2707826 |
| 0.98% | UTL | UNITIL CORP | -- | $6,122,745.84 | 116,824 | 2925037 |
| 0.98% | TRNO | TERRENO REALTY CORP | -- | $6,110,567.66 | 99,101 | B3N4753 |
| 0.98% | SR | SPIRE INC | -- | $6,100,494.72 | 67,603 | BYXJQG9 |
| 0.98% | ENSG | ENSIGN GROUP INC/THE | -- | $6,099,981.02 | 29,918 | B1YWPP8 |
| 0.98% | HMN | HORACE MANN EDUCATORS | -- | $6,091,273.00 | 142,820 | 2437112 |
| 0.97% | IOSP | INNOSPEC INC | -- | $6,082,872.75 | 85,977 | 2245597 |
| 0.97% | UVV | UNIVERSAL CORP/VA | -- | $6,082,721.60 | 117,088 | 2923804 |
| 0.97% | CASS | CASS INFORMATION SYSTEMS INC | -- | $6,080,768.72 | 138,388 | 2086558 |
| 0.97% | MBWM | MERCANTILE BANK CORP | -- | $6,074,129.48 | 123,195 | 2620257 |
| 0.97% | OGS | ONE GAS INC | -- | $6,069,453.62 | 71,221 | BJ0KXV4 |
| 0.97% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $6,062,934.01 | 105,241 | 2222062 |
| 0.97% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,049,412.10 | 64,755 | 2350383 |
| 0.97% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $6,044,088.39 | 219,227 | 2713395 |
| 0.97% | AWR | AMERICAN STATES WATER CO | -- | $6,044,049.60 | 82,344 | 2267171 |
| 0.97% | KWR | QUAKER CHEMICAL CORPORATION | -- | $6,043,381.96 | 47,857 | 2715186 |
| 0.97% | HTO | H2O AMERICA | -- | $6,041,587.52 | 106,516 | 2811932 |
| 0.97% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,029,949.71 | 20,249 | 2943620 |
| 0.96% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,022,833.36 | 353,868 | 2752730 |
| 0.96% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,015,861.75 | 80,265 | 2447821 |
| 0.96% | FUL | H.B. FULLER CO. | -- | $5,984,492.88 | 105,528 | 2354664 |
| 0.96% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,975,400.60 | 135,990 | 2165383 |
| 0.95% | OTTR | OTTER TAIL CORP | -- | $5,959,400.25 | 68,855 | 2664103 |
| 0.95% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $5,953,558.75 | 116,167 | B125XQ6 |
| 0.95% | GTY | GETTY REALTY CORP | -- | $5,949,214.89 | 187,702 | 2698146 |
| 0.95% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,922,656.70 | 181,121 | 2492133 |
| 0.95% | MGEE | MGE ENERGY INC | -- | $5,917,096.82 | 77,642 | 2554163 |
| 0.95% | AMSF | AMERISAFE INC | -- | $5,915,693.28 | 180,384 | B0PPHS6 |
| 0.95% | KAI | KADANT INC | -- | $5,911,779.72 | 18,739 | 2769978 |
| 0.95% | CNS | COHEN & STEERS INC | -- | $5,907,736.00 | 95,440 | B02H882 |
| 0.95% | BCPC | BALCHEM CORP | -- | $5,905,709.12 | 35,372 | 2072074 |
| 0.94% | GATX | GATX CORP | -- | $5,893,933.00 | 34,660 | 2362128 |
| 0.94% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,876,178.00 | 371,910 | BXC87C3 |
| 0.94% | MSEX | MIDDLESEX WATER CO | -- | $5,856,081.58 | 114,578 | 2589466 |
| 0.93% | CTRE | CARETRUST REIT INC | -- | $5,834,982.93 | 155,227 | BMP8TL6 |
| 0.93% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $5,812,856.96 | 88,936 | B03PGL4 |
| 0.93% | BKH | BLACK HILLS CORP | -- | $5,806,809.00 | 84,340 | 2101741 |
| 0.93% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,799,052.52 | 241,426 | BZ16HK0 |
| 0.93% | GFF | GRIFFON CORP | -- | $5,793,937.56 | 80,071 | 2463344 |
| 0.93% | CPK | CHESAPEAKE UTILITIES CORP | -- | $5,786,867.20 | 46,880 | 2190750 |
| 0.93% | APOG | APOGEE ENTERPRISES INC | -- | $5,782,934.40 | 175,880 | 2046176 |
| 0.92% | LNN | LINDSAY CORP | -- | $5,766,513.06 | 47,839 | 2516613 |
| 0.92% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,739,160.00 | 143,479 | 2927497 |
| 0.92% | YORW | YORK WATER CO | -- | $5,720,111.32 | 189,596 | 2425292 |
| 0.92% | SCVL | SHOE CARNIVAL INC | -- | $5,719,650.90 | 320,070 | 2805474 |
| 0.91% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,688,377.52 | 226,268 | BWC6PW6 |
| 0.91% | WDFC | WD-40 CO | -- | $5,669,429.74 | 26,234 | 2944742 |
| 0.90% | EXPO | EXPONENT INC | -- | $5,634,202.86 | 86,229 | 2330318 |
| 0.89% | JJSF | J & J SNACK FOODS CORP | -- | $5,577,520.26 | 71,866 | 2469171 |
| 0.89% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $5,562,045.39 | 38,489 | 2363381 |
| 0.88% | HNI | HNI CORP | -- | $5,510,062.64 | 149,608 | 2435246 |
| 0.87% | LAND | GLADSTONE LAND CORP | -- | $5,459,818.20 | 528,540 | B83TNY4 |
| 0.87% | ABM | ABM INDUSTRIES INC | -- | $5,447,459.88 | 141,419 | 2024901 |
| 0.86% | MZTI | MARZETTI COMPANY/THE | -- | $5,340,642.89 | 38,187 | 2503206 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,375,399.75 | 2,375,400 | -- |
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
Why NOBL Now
Explore three pillars suggesting now could be the right time to invest in the Dividend Aristocrats
Read the Article
