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 $715,068,406
- 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 9/02/2026- NAV
- NAV Change
- Market Price $76.11
- Market Price Change $+0.70
- Trading Volume (M) 286,637
- 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 $715,068,406
- 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 9/02/2026- NAV
- NAV Change
- Market Price $76.11
- Market Price Change $+0.70
- Trading Volume (M) 286,637
- 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 9/02/2026
Holdings
as of 9/02/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.43% | HNI | HNI CORP | -- | $10,027,886.70 | 207,402 | 2435246 |
| 1.30% | PRGO | PERRIGO CO PLC | -- | $9,135,655.20 | 630,480 | BGH1M56 |
| 1.21% | EXPO | EXPONENT INC | -- | $8,498,840.80 | 121,360 | 2330318 |
| 1.20% | GIC | GLOBAL INDUSTRIAL CO | -- | $8,452,374.72 | 216,672 | BNBY595 |
| 1.20% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $8,436,786.48 | 37,896 | 2363381 |
| 1.17% | AVNT | AVIENT CORP | -- | $8,203,245.69 | 188,191 | BMHWY55 |
| 1.14% | SCL | STEPAN CO | -- | $8,037,163.68 | 129,298 | 2845005 |
| 1.13% | CRAI | CRA INTERNATIONAL INC | -- | $7,958,435.08 | 46,546 | 2240622 |
| 1.12% | YORW | YORK WATER CO | -- | $7,888,668.00 | 231,475 | 2425292 |
| 1.12% | AWR | AMERICAN STATES WATER CO | -- | $7,887,696.75 | 89,379 | 2267171 |
| 1.12% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $7,857,360.75 | 153,915 | 2965668 |
| 1.11% | CASS | CASS INFORMATION SYSTEMS INC | -- | $7,820,758.86 | 139,011 | 2086558 |
| 1.11% | KWR | QUAKER CHEMICAL CORPORATION | -- | $7,797,928.70 | 47,890 | 2715186 |
| 1.10% | WSBC | WESBANCO INC | -- | $7,717,299.94 | 190,739 | 2953782 |
| 1.09% | MSBI | MIDLAND STATES BANCORP INC | -- | $7,704,548.50 | 231,925 | B6VRG58 |
| 1.09% | HTO | H2O AMERICA | -- | $7,699,784.40 | 121,352 | 2811932 |
| 1.09% | ALRS | ALERUS FINANCIAL CORP | -- | $7,663,398.53 | 230,063 | 2679141 |
| 1.08% | ALG | ALAMO GROUP INC | -- | $7,625,350.72 | 44,512 | 2021634 |
| 1.08% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $7,599,067.98 | 151,557 | 2165383 |
| 1.08% | MSEX | MIDDLESEX WATER CO | -- | $7,585,688.81 | 130,991 | 2589466 |
| 1.08% | JJSF | J & J SNACK FOODS CORP | -- | $7,568,343.99 | 87,627 | 2469171 |
| 1.07% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $7,554,114.74 | 98,029 | 2706470 |
| 1.07% | MATX | MATSON INC | -- | $7,533,263.83 | 34,523 | B8GNC91 |
| 1.07% | PEBO | PEOPLES BANCORP INC | -- | $7,521,195.00 | 190,410 | 2679419 |
| 1.07% | IOSP | INNOSPEC INC | -- | $7,503,894.08 | 80,033 | 2245597 |
| 1.06% | BHB | BAR HARBOR BANKSHARES | -- | $7,472,695.29 | 187,709 | 2618111 |
| 1.05% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $7,400,739.15 | 175,581 | B019FW2 |
| 1.05% | CTRE | CARETRUST REIT INC | -- | $7,399,748.28 | 187,004 | BMP8TL6 |
| 1.05% | NBTB | N B T BANCORP INC | -- | $7,382,075.13 | 144,153 | 2626459 |
| 1.05% | CPK | CHESAPEAKE UTILITIES CORP | -- | $7,355,117.16 | 56,206 | 2190750 |
| 1.04% | BUSE | FIRST BUSEY CORP | -- | $7,352,312.96 | 241,376 | BZ1LBM5 |
| 1.04% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,351,633.80 | 75,355 | 2888613 |
| 1.04% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $7,332,503.85 | 184,095 | B9HHD96 |
| 1.04% | HOMB | HOME BANCSHARES INC | -- | $7,326,720.06 | 246,774 | B17MTL9 |
| 1.04% | SR | SPIRE INC | -- | $7,309,170.39 | 88,307 | BYXJQG9 |
| 1.04% | EIG | EMPLOYERS HOLDINGS INC | -- | $7,305,872.48 | 148,072 | B1Q1RR9 |
| 1.04% | BCPC | BALCHEM CORP | -- | $7,293,586.02 | 41,566 | 2072074 |
| 1.03% | STBA | S & T BANCORP INC | -- | $7,272,454.12 | 145,799 | 2781109 |
| 1.03% | HMN | HORACE MANN EDUCATORS | -- | $7,260,573.00 | 140,982 | 2437112 |
| 1.03% | ASB | ASSOCIATED BANC-CORP | -- | $7,257,123.28 | 237,316 | 2055718 |
| 1.03% | UBSI | UNITED BANKSHARES INC | -- | $7,226,446.70 | 152,779 | 2905794 |
| 1.03% | OGS | ONE GAS INC | -- | $7,219,964.70 | 90,306 | BJ0KXV4 |
| 1.02% | LNN | LINDSAY CORP | -- | $7,199,753.73 | 59,943 | 2516613 |
| 1.02% | UTL | UNITIL CORP | -- | $7,178,105.35 | 134,095 | 2925037 |
| 1.02% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $7,150,631.25 | 194,575 | 2492133 |
| 1.01% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $7,082,219.54 | 68,059 | 2763602 |
| 1.01% | FULT | FULTON FINANCIAL CORP | -- | $7,078,879.97 | 298,813 | 2356585 |
| 1.00% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $7,064,115.80 | 173,993 | BFZ9DB8 |
| 1.00% | KAI | KADANT INC | -- | $7,029,929.07 | 23,823 | 2769978 |
| 1.00% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $7,020,967.01 | 309,703 | 2810133 |
| 1.00% | GATX | GATX CORP | -- | $7,016,082.92 | 39,914 | 2362128 |
| 1.00% | UCB | UNITED COMMUNITY BANKS/GA | -- | $7,013,128.59 | 200,547 | 2862156 |
| 0.99% | MZTI | MARZETTI COMPANY/THE | -- | $6,994,370.11 | 62,803 | 2503206 |
| 0.99% | TXNM | TXNM ENERGY INC | -- | $6,984,949.95 | 120,285 | 2707826 |
| 0.99% | CNS | COHEN & STEERS INC | -- | $6,980,974.16 | 90,392 | B02H882 |
| 0.99% | BMI | BADGER METER INC | -- | $6,980,859.60 | 52,646 | 2069128 |
| 0.99% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,970,653.48 | 238,476 | 2619880 |
| 0.99% | BKH | BLACK HILLS CORP | -- | $6,950,928.04 | 95,756 | 2101741 |
| 0.99% | FRME | FIRST MERCHANTS CORP | -- | $6,948,430.83 | 166,749 | 2342410 |
| 0.99% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,943,966.89 | 98,931 | B03PGL4 |
| 0.98% | ABM | ABM INDUSTRIES INC | -- | $6,916,407.28 | 148,868 | 2024901 |
| 0.98% | GFF | GRIFFON CORP | -- | $6,911,834.58 | 72,126 | 2463344 |
| 0.98% | OTTR | OTTER TAIL CORP | -- | $6,901,798.64 | 77,653 | 2664103 |
| 0.98% | MGEE | MGE ENERGY INC | -- | $6,899,787.96 | 89,596 | 2554163 |
| 0.98% | ANDE | ANDERSONS INC/THE | -- | $6,899,664.96 | 97,288 | 2274922 |
| 0.98% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,866,173.32 | 139,443 | BFNR303 |
| 0.97% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,860,559.60 | 84,024 | 2447821 |
| 0.97% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $6,844,769.40 | 276,780 | BZ16HK0 |
| 0.96% | TRNO | TERRENO REALTY CORP | -- | $6,777,925.48 | 103,102 | B3N4753 |
| 0.96% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,766,483.70 | 112,963 | 2537528 |
| 0.96% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,765,613.20 | 126,130 | 2630513 |
| 0.96% | WAFD | WAFD INC | -- | $6,753,916.68 | 187,922 | 2941981 |
| 0.96% | GTY | GETTY REALTY CORP | -- | $6,725,624.94 | 207,006 | 2698146 |
| 0.95% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,686,354.25 | 137,325 | B125XQ6 |
| 0.94% | MTRN | MATERION CORP | -- | $6,644,122.40 | 27,920 | 2149622 |
| 0.93% | APOG | APOGEE ENTERPRISES INC | -- | $6,566,567.92 | 172,532 | 2046176 |
| 0.93% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,565,074.48 | 67,272 | 2350383 |
| 0.93% | MGRC | MCGRATH RENTCORP | -- | $6,553,144.36 | 59,857 | 2551551 |
| 0.93% | ODC | OIL-DRI CORP OF AMERICA | -- | $6,517,009.80 | 71,892 | 2657794 |
| 0.92% | WDFC | WD-40 CO | -- | $6,506,614.40 | 30,680 | 2944742 |
| 0.92% | HY | HYSTER-YALE INC | -- | $6,500,836.32 | 194,403 | B7LG306 |
| 0.91% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,389,572.08 | 268,244 | B15RZR4 |
| 0.90% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,353,761.92 | 81,584 | 2125246 |
| 0.89% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,282,051.79 | 22,603 | 2840174 |
| 0.87% | GRC | GORMAN-RUPP CO | -- | $6,135,171.50 | 82,975 | 2379281 |
| 0.87% | PII | POLARIS INC | -- | $6,112,378.48 | 99,034 | 2692933 |
| 0.87% | AVA | AVISTA CORP | -- | $6,093,988.25 | 163,597 | 2942605 |
| 0.86% | LMAT | LEMAITRE VASCULAR INC | -- | $6,081,357.24 | 74,417 | B1G6TJ0 |
| 0.85% | GOLF | ACUSHNET HOLDINGS CORP | -- | $6,004,193.79 | 69,117 | BD3WG50 |
| 0.85% | UVV | UNIVERSAL CORP/VA | -- | $5,973,672.30 | 129,021 | 2923804 |
| 0.85% | NPO | ENPRO INC | -- | $5,958,257.36 | 20,504 | 2951292 |
| 0.83% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,856,878.40 | 243,024 | BWC6PW6 |
| 0.83% | FUL | H.B. FULLER CO. | -- | $5,826,053.70 | 108,070 | 2354664 |
| 0.81% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,730,286.70 | 384,583 | BXC87C3 |
| 0.80% | AMSF | AMERISAFE INC | -- | $5,649,010.84 | 216,106 | B0PPHS6 |
| 0.80% | TRN | TRINITY INDUSTRIES INC | -- | $5,621,140.00 | 200,755 | 2904627 |
| 0.79% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,538,176.25 | 265,875 | 2568090 |
| 0.78% | TNC | TENNANT CO | -- | $5,514,459.60 | 78,520 | 2883641 |
| 0.76% | SHOE | SHOE STATION GROUP INC | -- | $5,319,133.98 | 394,302 | 2805474 |
| 0.63% | POWI | POWER INTEGRATIONS INC | -- | $4,444,759.50 | 88,365 | 2133045 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $949,003.26 | 949,003 | -- |
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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