Sit Quality Income Fund Cash And Equivalents
SQIFX Fund | USD 9.52 0.01 0.11% |
Sit Quality Income fundamentals help investors to digest information that contributes to Sit Quality's financial success or failures. It also enables traders to predict the movement of Sit Mutual Fund. The fundamental analysis module provides a way to measure Sit Quality's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sit Quality mutual fund.
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Sit Quality Income Mutual Fund Cash And Equivalents Analysis
Sit Quality's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, Sit Quality Income has 0.0 in Cash And Equivalents. This indicator is about the same for the Sit average (which is currently at 0.0) family and about the same as Short-Term Bond (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Sit Quality
The fund consists of 95.94% investments in fixed income securities, with the rest of funds allocated in cash.Asset allocation divides Sit Quality's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Sit Fundamentals
Total Asset | 37.7 M | ||||
Annual Yield | 0.0005 % | ||||
Year To Date Return | 3.90 % | ||||
One Year Return | 5.69 % | ||||
Three Year Return | 2.10 % | ||||
Five Year Return | 2.22 % | ||||
Net Asset | 131.55 M | ||||
Minimum Initial Investment | 5 K | ||||
Last Dividend Paid | 0.02 | ||||
Cash Position Weight | 4.06 % | ||||
Bond Positions Weight | 95.94 % |
About Sit Quality Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sit Quality Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sit Quality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sit Quality Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Sit Quality 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 Quality security.
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