Sit Developing Markets Fund Quote
| SDMGX Fund | USD 17.51 0.11 0.62% |
PerformanceVery Weak
| Odds Of DistressLow
|
Sit Developing is trading at 17.51 as of the 21st of March 2025; that is 0.62 percent decrease since the beginning of the trading day. The fund's open price was 17.62. Sit Developing has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in common stocks of companies domiciled or operating in a developing market. It invests in small, medium and large sized companies. The fund may invest in securities representing underlying international securities such as sponsored American Depository Receipts, European Depository Receipts and Global Depository Receipts.. More on Sit Developing Markets
Moving together with Sit Mutual Fund
Sit Mutual Fund Highlights
| Fund Concentration | Sit Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Sit (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 1st of November 2022 |
| Fiscal Year End | June |
Sit Developing Markets [SDMGX] is traded in USA and was established 21st of March 2025. Sit Developing is listed under Sit category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Sit family. This fund at this time has accumulated 10.1 M in assets with minimum initial investment of 5 K. Sit Developing Markets is currently producing year-to-date (YTD) return of 0.23% with the current yeild of 0.01%, while the total return for the last 3 years was 6.62%.
Check Sit Developing Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Sit Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Sit Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Sit Developing Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Sit Developing Markets Mutual Fund Constituents
| CHJTF | CSPC Pharmaceutical Group | Pink Sheet | Drug Manufacturers—General | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| BIDU | Baidu Inc | Stock | Communication Services | |
| CICHF | China Construction Bank | Pink Sheet | Banks—Diversified | |
| GLOB | Globant SA | Stock | Information Technology | |
| INDA | iShares MSCI India | Etf | India Equity | |
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| NICE | Nice Ltd ADR | Stock | Information Technology |
Sit Developing Markets Risk Profiles
| Mean Deviation | 0.9526 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 | |||
| Risk Adjusted Performance | (0.02) |
Sit Developing Against Markets
Other Information on Investing in Sit Mutual Fund
Sit Developing financial ratios help investors to determine whether Sit Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sit with respect to the benefits of owning Sit Developing security.
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