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 8/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -1.49% | 5.42% | 7.02% | 16.37% | 14.06% | 10.98% | 6.25% | 7.28% | 8.09% | 02/03/2015 |
| SMDV Market Price | -1.52% | 5.34% | 6.97% | 16.31% | 14.08% | 10.96% | 6.23% | 7.27% | 8.09% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -1.46% | 5.56% | 7.25% | 16.72% | 14.55% | 11.41% | 6.66% | 7.74% | 8.55% | -- |
| 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 $679,543,838
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 8/31/2026- Number of Holdings 102
- Price/Earnings Ratio 26.006
- Price/Book Ratio 1.653
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 $0.01 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 9/17/2026- NAV
- NAV Change
- 30-Day Median Bid Ask Spread 0.05%
- View Premium / Discount
Distributions
as of 8/31/2026- Distribution Frequency Quarterly
- 12-Month Yield 2.32%
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 $679,543,838
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 8/31/2026- Number of Holdings 102
- Price/Earnings Ratio 26.006
- Price/Book Ratio 1.653
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 $0.01 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 9/17/2026- NAV
- NAV Change
- 30-Day Median Bid Ask Spread 0.05%
- View Premium / Discount
Distributions
as of 8/31/2026- Distribution Frequency Quarterly
- 12-Month Yield 2.32%
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 9/17/2026
Holdings
as of 9/17/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.40% | HNI | HNI CORP | -- | $9,500,915.70 | 204,982 | 2435246 |
| 1.27% | GIC | GLOBAL INDUSTRIAL CO | -- | $8,656,064.26 | 214,153 | BNBY595 |
| 1.24% | PRGO | PERRIGO CO PLC | -- | $8,399,819.36 | 623,132 | BGH1M56 |
| 1.23% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $8,363,550.24 | 37,456 | 2363381 |
| 1.20% | EXPO | EXPONENT INC | -- | $8,178,776.79 | 119,941 | 2330318 |
| 1.18% | SCL | STEPAN CO | -- | $8,034,220.17 | 127,791 | 2845005 |
| 1.18% | MATX | MATSON INC | -- | $8,008,731.00 | 34,116 | B8GNC91 |
| 1.13% | MSBI | MIDLAND STATES BANCORP INC | -- | $7,708,634.97 | 229,219 | B6VRG58 |
| 1.13% | AWR | AMERICAN STATES WATER CO | -- | $7,663,857.84 | 88,334 | 2267171 |
| 1.13% | CRAI | CRA INTERNATIONAL INC | -- | $7,654,184.59 | 46,007 | 2240622 |
| 1.12% | CASS | CASS INFORMATION SYSTEMS INC | -- | $7,621,245.18 | 137,394 | 2086558 |
| 1.11% | HTO | H2O AMERICA | -- | $7,566,067.52 | 119,944 | 2811932 |
| 1.11% | YORW | YORK WATER CO | -- | $7,558,891.20 | 228,780 | 2425292 |
| 1.11% | AVNT | AVIENT CORP | -- | $7,547,961.16 | 186,002 | BMHWY55 |
| 1.10% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $7,508,741.92 | 152,122 | 2965668 |
| 1.10% | BHB | BAR HARBOR BANKSHARES | -- | $7,483,876.80 | 185,520 | 2618111 |
| 1.10% | ALRS | ALERUS FINANCIAL CORP | -- | $7,453,483.62 | 227,379 | 2679141 |
| 1.09% | PEBO | PEOPLES BANCORP INC | -- | $7,429,662.24 | 188,188 | 2679419 |
| 1.09% | ALG | ALAMO GROUP INC | -- | $7,418,436.90 | 43,995 | 2021634 |
| 1.09% | WSBC | WESBANCO INC | -- | $7,387,981.23 | 188,517 | 2953782 |
| 1.09% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $7,381,668.15 | 96,885 | 2706470 |
| 1.08% | KWR | QUAKER CHEMICAL CORPORATION | -- | $7,371,491.75 | 47,329 | 2715186 |
| 1.08% | IOSP | INNOSPEC INC | -- | $7,370,351.64 | 79,098 | 2245597 |
| 1.08% | NBTB | N B T BANCORP INC | -- | $7,330,081.50 | 142,470 | 2626459 |
| 1.07% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,302,273.75 | 74,475 | 2888613 |
| 1.07% | MSEX | MIDDLESEX WATER CO | -- | $7,277,059.02 | 129,462 | 2589466 |
| 1.07% | CPK | CHESAPEAKE UTILITIES CORP | -- | $7,269,077.88 | 55,557 | 2190750 |
| 1.07% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $7,262,439.75 | 173,535 | B019FW2 |
| 1.07% | HOMB | HOME BANCSHARES INC | -- | $7,258,553.28 | 243,903 | B17MTL9 |
| 1.07% | ABM | ABM INDUSTRIES INC | -- | $7,253,509.00 | 147,130 | 2024901 |
| 1.06% | EIG | EMPLOYERS HOLDINGS INC | -- | $7,223,589.20 | 146,345 | B1Q1RR9 |
| 1.06% | BUSE | FIRST BUSEY CORP | -- | $7,192,584.00 | 238,560 | BZ1LBM5 |
| 1.06% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $7,172,280.36 | 149,797 | 2165383 |
| 1.05% | STBA | S & T BANCORP INC | -- | $7,146,166.95 | 144,105 | 2781109 |
| 1.05% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $7,120,211.95 | 67,267 | 2763602 |
| 1.05% | GATX | GATX CORP | -- | $7,112,801.08 | 39,452 | 2362128 |
| 1.04% | UBSI | UNITED BANKSHARES INC | -- | $7,099,878.94 | 150,997 | 2905794 |
| 1.04% | CTRE | CARETRUST REIT INC | -- | $7,054,808.42 | 184,826 | BMP8TL6 |
| 1.04% | UTL | UNITIL CORP | -- | $7,044,128.95 | 132,533 | 2925037 |
| 1.03% | SR | SPIRE INC | -- | $7,012,396.56 | 87,284 | BYXJQG9 |
| 1.03% | ASB | ASSOCIATED BANC-CORP | -- | $7,008,503.40 | 234,555 | 2055718 |
| 1.03% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $7,001,923.13 | 306,095 | 2810133 |
| 1.03% | TXNM | TXNM ENERGY INC | -- | $6,965,647.92 | 118,888 | 2707826 |
| 1.03% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $6,965,431.98 | 192,309 | 2492133 |
| 1.02% | LNN | LINDSAY CORP | -- | $6,948,247.50 | 59,250 | 2516613 |
| 1.02% | ANDE | ANDERSONS INC/THE | -- | $6,927,967.75 | 96,155 | 2274922 |
| 1.02% | MTRN | MATERION CORP | -- | $6,910,467.30 | 27,590 | 2149622 |
| 1.02% | FULT | FULTON FINANCIAL CORP | -- | $6,907,932.43 | 295,337 | 2356585 |
| 1.01% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,866,167.60 | 198,215 | 2862156 |
| 1.01% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,844,568.90 | 83,045 | 2447821 |
| 1.01% | JJSF | J & J SNACK FOODS CORP | -- | $6,829,591.44 | 86,604 | 2469171 |
| 1.00% | BCPC | BALCHEM CORP | -- | $6,809,752.32 | 41,082 | 2072074 |
| 1.00% | OGS | ONE GAS INC | -- | $6,804,420.00 | 89,250 | BJ0KXV4 |
| 1.00% | OTTR | OTTER TAIL CORP | -- | $6,796,301.05 | 76,751 | 2664103 |
| 1.00% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,775,876.80 | 97,776 | B03PGL4 |
| 1.00% | HMN | HORACE MANN EDUCATORS | -- | $6,766,496.08 | 139,343 | 2437112 |
| 1.00% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,764,901.00 | 181,950 | B9HHD96 |
| 0.99% | BKH | BLACK HILLS CORP | -- | $6,750,081.40 | 94,645 | 2101741 |
| 0.99% | TRNO | TERRENO REALTY CORP | -- | $6,749,035.69 | 101,903 | B3N4753 |
| 0.99% | FRME | FIRST MERCHANTS CORP | -- | $6,740,401.80 | 164,802 | 2342410 |
| 0.99% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,706,077.90 | 137,815 | BFNR303 |
| 0.99% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,701,631.93 | 171,969 | BFZ9DB8 |
| 0.98% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,665,356.32 | 124,656 | 2630513 |
| 0.98% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,657,272.09 | 111,643 | 2537528 |
| 0.98% | MGEE | MGE ENERGY INC | -- | $6,641,325.00 | 88,551 | 2554163 |
| 0.98% | BMI | BADGER METER INC | -- | $6,640,068.60 | 52,030 | 2069128 |
| 0.98% | GFF | GRIFFON CORP | -- | $6,631,395.80 | 71,290 | 2463344 |
| 0.97% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,620,925.36 | 235,704 | 2619880 |
| 0.97% | MGRC | MCGRATH RENTCORP | -- | $6,601,519.12 | 59,164 | 2551551 |
| 0.96% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,523,183.80 | 135,730 | B125XQ6 |
| 0.96% | CNS | COHEN & STEERS INC | -- | $6,505,447.52 | 89,336 | B02H882 |
| 0.95% | APOG | APOGEE ENTERPRISES INC | -- | $6,428,566.30 | 170,519 | 2046176 |
| 0.94% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,396,434.20 | 66,491 | 2350383 |
| 0.94% | HY | HYSTER-YALE INC | -- | $6,396,240.73 | 192,137 | B7LG306 |
| 0.93% | KAI | KADANT INC | -- | $6,290,141.76 | 23,548 | 2769978 |
| 0.92% | MZTI | MARZETTI COMPANY/THE | -- | $6,285,296.25 | 62,077 | 2503206 |
| 0.92% | ODC | OIL-DRI CORP OF AMERICA | -- | $6,225,926.72 | 71,056 | 2657794 |
| 0.91% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $6,207,008.33 | 273,557 | BZ16HK0 |
| 0.90% | GTY | GETTY REALTY CORP | -- | $6,121,542.24 | 204,597 | 2698146 |
| 0.89% | WAFD | WAFD INC | -- | $6,043,751.82 | 185,733 | 2941981 |
| 0.87% | AVA | AVISTA CORP | -- | $5,943,871.44 | 161,694 | 2942605 |
| 0.87% | GRC | GORMAN-RUPP CO | -- | $5,912,704.70 | 82,007 | 2379281 |
| 0.86% | LMAT | LEMAITRE VASCULAR INC | -- | $5,844,859.56 | 73,548 | B1G6TJ0 |
| 0.86% | NPO | ENPRO INC | -- | $5,813,167.80 | 20,262 | 2951292 |
| 0.85% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,792,872.00 | 265,120 | B15RZR4 |
| 0.85% | WDFC | WD-40 CO | -- | $5,777,787.28 | 30,328 | 2944742 |
| 0.85% | SXI | STANDEX INTERNATIONAL CORP | -- | $5,759,217.59 | 22,339 | 2840174 |
| 0.83% | UVV | UNIVERSAL CORP/VA | -- | $5,657,796.18 | 127,514 | 2923804 |
| 0.83% | TRN | TRINITY INDUSTRIES INC | -- | $5,634,900.80 | 198,412 | 2904627 |
| 0.82% | GOLF | ACUSHNET HOLDINGS CORP | -- | $5,571,006.70 | 68,314 | BD3WG50 |
| 0.81% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,481,128.52 | 380,106 | BXC87C3 |
| 0.80% | PII | POLARIS INC | -- | $5,451,860.30 | 97,879 | 2692933 |
| 0.79% | FUL | H.B. FULLER CO. | -- | $5,384,594.56 | 106,816 | 2354664 |
| 0.78% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $5,318,076.10 | 80,638 | 2125246 |
| 0.78% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,295,097.60 | 262,784 | 2568090 |
| 0.78% | AMSF | AMERISAFE INC | -- | $5,269,191.29 | 213,587 | B0PPHS6 |
| 0.76% | TNC | TENNANT CO | -- | $5,169,402.27 | 77,607 | 2883641 |
| 0.76% | SHOE | SHOE STATION GROUP INC | -- | $5,159,826.60 | 389,715 | 2805474 |
| 0.75% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,113,794.13 | 240,197 | BWC6PW6 |
| 0.63% | POWI | POWER INTEGRATIONS INC | -- | $4,292,318.65 | 87,331 | 2133045 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,069,704.63 | 2,069,705 | -- |
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 |
|---|
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