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 $752,163,646
- 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 8/18/2026- NAV
- NAV Change
- Market Price $77.68
- Market Price Change $-0.59
- Trading Volume (M) 105,117
- 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 $752,163,646
- 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 8/18/2026- NAV
- NAV Change
- Market Price $77.68
- Market Price Change $-0.59
- Trading Volume (M) 105,117
- 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 8/17/2026
Holdings
as of 8/17/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.38% | HNI | HNI CORP | -- | $10,473,843.20 | 216,760 | 2435246 |
| 1.21% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $9,175,416.84 | 39,597 | 2363381 |
| 1.18% | AVNT | AVIENT CORP | -- | $8,926,170.45 | 196,655 | BMHWY55 |
| 1.15% | SCL | STEPAN CO | -- | $8,745,354.72 | 135,126 | 2845005 |
| 1.15% | GIC | GLOBAL INDUSTRIAL CO | -- | $8,741,767.32 | 226,412 | BNBY595 |
| 1.12% | KWR | QUAKER CHEMICAL CORPORATION | -- | $8,508,197.60 | 50,060 | 2715186 |
| 1.12% | WSBC | WESBANCO INC | -- | $8,467,580.88 | 199,331 | 2953782 |
| 1.11% | PRGO | PERRIGO CO PLC | -- | $8,447,021.08 | 658,894 | BGH1M56 |
| 1.11% | MTRN | MATERION CORP | -- | $8,402,604.63 | 29,197 | 2149622 |
| 1.11% | EXPO | EXPONENT INC | -- | $8,396,069.12 | 126,848 | 2330318 |
| 1.10% | CASS | CASS INFORMATION SYSTEMS INC | -- | $8,317,759.38 | 145,263 | 2086558 |
| 1.08% | AWR | AMERICAN STATES WATER CO | -- | $8,208,815.40 | 93,420 | 2267171 |
| 1.08% | KAI | KADANT INC | -- | $8,205,411.92 | 24,886 | 2769978 |
| 1.08% | PEBO | PEOPLES BANCORP INC | -- | $8,173,053.21 | 199,003 | 2679419 |
| 1.08% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $8,171,129.20 | 160,849 | 2965668 |
| 1.07% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $8,105,390.70 | 192,390 | B9HHD96 |
| 1.07% | MSBI | MIDLAND STATES BANCORP INC | -- | $8,076,434.80 | 242,390 | B6VRG58 |
| 1.06% | ALRS | ALERUS FINANCIAL CORP | -- | $8,052,402.58 | 240,442 | 2679141 |
| 1.06% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $8,040,511.44 | 102,453 | 2706470 |
| 1.06% | NBTB | N B T BANCORP INC | -- | $8,028,724.69 | 150,661 | 2626459 |
| 1.06% | HOMB | HOME BANCSHARES INC | -- | $8,022,491.25 | 257,875 | B17MTL9 |
| 1.06% | HTO | H2O AMERICA | -- | $8,014,775.16 | 126,796 | 2811932 |
| 1.06% | JJSF | J & J SNACK FOODS CORP | -- | $8,008,475.44 | 91,583 | 2469171 |
| 1.05% | YORW | YORK WATER CO | -- | $7,997,081.76 | 241,896 | 2425292 |
| 1.05% | CRAI | CRA INTERNATIONAL INC | -- | $7,985,532.30 | 48,630 | 2240622 |
| 1.05% | ASB | ASSOCIATED BANC-CORP | -- | $7,950,623.52 | 247,992 | 2055718 |
| 1.05% | MSEX | MIDDLESEX WATER CO | -- | $7,943,170.08 | 136,904 | 2589466 |
| 1.05% | MATX | MATSON INC | -- | $7,939,535.15 | 36,097 | B8GNC91 |
| 1.04% | BHB | BAR HARBOR BANKSHARES | -- | $7,911,697.42 | 196,174 | 2618111 |
| 1.04% | CPK | CHESAPEAKE UTILITIES CORP | -- | $7,900,103.25 | 58,715 | 2190750 |
| 1.04% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,897,852.24 | 78,758 | 2888613 |
| 1.04% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $7,895,703.79 | 183,493 | B019FW2 |
| 1.04% | CNS | COHEN & STEERS INC | -- | $7,873,629.84 | 94,476 | B02H882 |
| 1.04% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $7,864,256.92 | 158,362 | 2165383 |
| 1.04% | IOSP | INNOSPEC INC | -- | $7,848,785.67 | 83,649 | 2245597 |
| 1.03% | BUSE | FIRST BUSEY CORP | -- | $7,840,396.20 | 252,265 | BZ1LBM5 |
| 1.03% | UBSI | UNITED BANKSHARES INC | -- | $7,820,636.60 | 159,670 | 2905794 |
| 1.03% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $7,804,112.44 | 203,338 | 2492133 |
| 1.02% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $7,748,300.70 | 323,655 | 2810133 |
| 1.02% | BCPC | BALCHEM CORP | -- | $7,748,292.06 | 43,437 | 2072074 |
| 1.02% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $7,734,580.26 | 181,819 | BFZ9DB8 |
| 1.02% | SXI | STANDEX INTERNATIONAL CORP | -- | $7,724,339.28 | 23,624 | 2840174 |
| 1.02% | STBA | S & T BANCORP INC | -- | $7,713,429.87 | 152,349 | 2781109 |
| 1.02% | GFF | GRIFFON CORP | -- | $7,700,080.44 | 75,358 | 2463344 |
| 1.01% | UCB | UNITED COMMUNITY BANKS/GA | -- | $7,676,365.95 | 209,565 | 2862156 |
| 1.01% | CTRE | CARETRUST REIT INC | -- | $7,672,424.76 | 195,426 | BMP8TL6 |
| 1.01% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $7,643,373.87 | 71,121 | 2763602 |
| 1.01% | FULT | FULTON FINANCIAL CORP | -- | $7,640,855.38 | 312,254 | 2356585 |
| 1.00% | APOG | APOGEE ENTERPRISES INC | -- | $7,605,728.88 | 180,316 | 2046176 |
| 1.00% | SR | SPIRE INC | -- | $7,592,239.98 | 92,262 | BYXJQG9 |
| 1.00% | MGEE | MGE ENERGY INC | -- | $7,587,406.11 | 93,637 | 2554163 |
| 1.00% | FRME | FIRST MERCHANTS CORP | -- | $7,584,622.08 | 174,279 | 2342410 |
| 1.00% | UTL | UNITIL CORP | -- | $7,575,698.10 | 140,135 | 2925037 |
| 1.00% | MGRC | MCGRATH RENTCORP | -- | $7,569,357.44 | 62,536 | 2551551 |
| 1.00% | HMN | HORACE MANN EDUCATORS | -- | $7,557,464.70 | 147,319 | 2437112 |
| 1.00% | INDB | INDEPENDENT BANK CORP/MA | -- | $7,555,086.36 | 87,809 | 2447821 |
| 1.00% | OGS | ONE GAS INC | -- | $7,549,312.20 | 94,390 | BJ0KXV4 |
| 0.99% | GATX | GATX CORP | -- | $7,532,688.00 | 41,700 | 2362128 |
| 0.99% | MZTI | MARZETTI COMPANY/THE | -- | $7,529,288.84 | 65,609 | 2503206 |
| 0.99% | ALG | ALAMO GROUP INC | -- | $7,528,735.57 | 46,511 | 2021634 |
| 0.99% | OTTR | OTTER TAIL CORP | -- | $7,516,090.83 | 81,141 | 2664103 |
| 0.98% | EIG | EMPLOYERS HOLDINGS INC | -- | $7,441,927.50 | 154,750 | B1Q1RR9 |
| 0.98% | NPO | ENPRO INC | -- | $7,425,315.20 | 21,440 | 2951292 |
| 0.98% | ABM | ABM INDUSTRIES INC | -- | $7,424,754.80 | 155,590 | 2024901 |
| 0.98% | WAFD | WAFD INC | -- | $7,415,573.12 | 196,387 | 2941981 |
| 0.97% | HFWA | HERITAGE FINANCIAL CORP | -- | $7,376,142.40 | 249,194 | 2619880 |
| 0.97% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $7,349,617.77 | 145,739 | BFNR303 |
| 0.97% | TRNO | TERRENO REALTY CORP | -- | $7,345,576.84 | 107,738 | B3N4753 |
| 0.97% | BKH | BLACK HILLS CORP | -- | $7,342,816.28 | 100,052 | 2101741 |
| 0.97% | WDFC | WD-40 CO | -- | $7,337,709.41 | 32,041 | 2944742 |
| 0.97% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $7,322,646.36 | 103,398 | B03PGL4 |
| 0.96% | FELE | FRANKLIN ELECTRIC CO INC | -- | $7,311,773.84 | 70,292 | 2350383 |
| 0.96% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $7,299,438.04 | 143,492 | B125XQ6 |
| 0.96% | LKFN | LAKELAND FINANCIAL CORP | -- | $7,298,963.76 | 118,068 | 2537528 |
| 0.96% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $7,251,322.01 | 289,243 | BZ16HK0 |
| 0.96% | NJR | NEW JERSEY RESOURCES CORP | -- | $7,246,695.10 | 131,830 | 2630513 |
| 0.95% | TXNM | TXNM ENERGY INC | -- | $7,237,057.46 | 125,687 | 2707826 |
| 0.95% | FUL | H.B. FULLER CO. | -- | $7,179,390.02 | 112,919 | 2354664 |
| 0.94% | GTY | GETTY REALTY CORP | -- | $7,153,735.47 | 216,321 | 2698146 |
| 0.94% | LNN | LINDSAY CORP | -- | $7,141,412.88 | 62,622 | 2516613 |
| 0.93% | BMI | BADGER METER INC | -- | $7,082,103.60 | 55,028 | 2069128 |
| 0.93% | PII | POLARIS INC | -- | $7,072,223.33 | 103,501 | 2692933 |
| 0.93% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $7,058,558.32 | 280,324 | B15RZR4 |
| 0.93% | HY | HYSTER-YALE INC | -- | $7,049,860.20 | 203,166 | B7LG306 |
| 0.92% | ANDE | ANDERSONS INC/THE | -- | $7,002,960.72 | 101,669 | 2274922 |
| 0.92% | GRC | GORMAN-RUPP CO | -- | $6,993,806.70 | 86,718 | 2379281 |
| 0.92% | ODC | OIL-DRI CORP OF AMERICA | -- | $6,951,974.96 | 75,124 | 2657794 |
| 0.90% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,841,522.92 | 85,242 | 2125246 |
| 0.87% | AVA | AVISTA CORP | -- | $6,588,178.31 | 170,955 | 2942605 |
| 0.86% | GOLF | ACUSHNET HOLDINGS CORP | -- | $6,547,646.52 | 72,222 | BD3WG50 |
| 0.85% | LMAT | LEMAITRE VASCULAR INC | -- | $6,417,462.78 | 77,778 | B1G6TJ0 |
| 0.84% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,389,998.00 | 277,826 | 2568090 |
| 0.84% | SHOE | SHOE STATION GROUP INC | -- | $6,386,604.50 | 412,039 | 2805474 |
| 0.83% | TRN | TRINITY INDUSTRIES INC | -- | $6,267,203.92 | 209,816 | 2904627 |
| 0.80% | NXRT | NEXPOINT RESIDENTIAL | -- | $6,087,301.35 | 253,955 | BWC6PW6 |
| 0.79% | UVV | UNIVERSAL CORP/VA | -- | $5,976,507.68 | 134,849 | 2923804 |
| 0.79% | AMSF | AMERISAFE INC | -- | $5,964,619.27 | 225,847 | B0PPHS6 |
| 0.78% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,895,814.32 | 401,896 | BXC87C3 |
| 0.76% | POWI | POWER INTEGRATIONS INC | -- | $5,735,804.40 | 92,364 | 2133045 |
| 0.73% | TNC | TENNANT CO | -- | $5,544,118.50 | 82,050 | 2883641 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,851,607.79 | 1,851,608 | -- |
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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