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    Sit Mid Cap Growth (NBNGX)

    15.47 Down 0.02(0.13%) May 26

    Profile as of Apr 29, 2016Get Profile for:
    Sit Mid Cap Growth
    Sit Mid Cap Growth Fund Inc3300 Ids Ctr, 80 S 8th StMinneapolis, MN 55402
    Phone: 800-332-5580
    Fund Overview 
    Category:Mid-Cap Growth
    Fund Family:Sit
    Net Assets:141.44M
    Year-to-Date Return:-1.97%
    Morningstar Rating:3 stars
    Fund Inception Date:Sep 2, 1982
    Morningstar Style Box 
    Mid-Cap Growth
    [View Category Definition]
    View Top Mid-Cap Growth Funds
    About the Morningstar Style Box
    Management Information 
    Roger J. Sit
    Lead Manager since Jun 27, 2008
    Roger J. Sit – CEO and Global Chief Investment Officer Roger Sit directs investment management activities for Sit Investment Associates, a diverse financial asset management firm with capabilities in both domestic and international investment products. Roger joined the organization in January 1998 and worked closely with firm founder Gene Sit for over ten years. Prior to joining the firm, Roger was a Vice President and Senior Equity Research Analyst at Goldman Sachs & Co. in New York for seven years. Additionally, he was a Captain in the U.S. Air Force, serving six years active duty with financial management responsibilities at Headquarters Space Division. Roger graduated with Military Distinction from the U.S. Air Force Academy in 1984. He earned a M.S. in Systems Management from the University of Southern California in 1987 and an M.B.A. with honors from the Harvard Graduate School of Business in 1991. Roger serves on the boards of Convergent Capital, TCF Financial Corporation, the Minneapolis Institute of Arts and the McKnight Foundation.
    Investment Information 
    Min Initial Investment:5,000
    Min Initial Investment, IRA:2,000
    Min Initial Investment, AIP:5,000
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:100
    NBNGX can be purchased from 98 brokerages.

    Fund Summary 
    The investment seeks to maximize long-term capital appreciation. The fund normally invests at least 80% of its net assets in common stocks that, at the time of purchase, have market capitalizations that fall within the range of companies included in the Russell Mid-cap® Growth Index during the most recent 12-month period. The Adviser invests in domestic growth-oriented medium to small companies it believes exhibit the potential for superior growth.

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Dec 16, 2015) : 0.00
    Annual Holdings Turnover (May 25, 2016) : 23.39%
    Average for Category:52.51%
    Fees & Expenses 
    ExpenseNBNGXCategory Avg
    Annual Report Expense Ratio (net):1.25%1.27%
    Prospectus Net Expense Ratio:1.25%N/A
    Prospectus Gross Expense Ratio:1.25%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.35%
    Max Deferred Sales Load: N/A2.00%
    3 Yr Expense Projection*:399508
    5 Yr Expense Projection*:690820
    10 Yr Expense Projection*:1,5181,697
    * Per $10,000 invested