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Performance and First Physics Results of the SVT Trigger at CDF II

For the first time in a hadron collider, a novel trigger processor, the Silicon Vertex Trigger (SVT), allows to select the long-lived heavy flavor particles by cutting on the track impact parameter with a precision similar to that of the offline reconstruction. Triggering on displaced tracks has enriched the B-physics program by enhancing the B yields of the lepton-based triggers and opened up full hadronic triggering at CDF. After a first commissioning period, the SVT is fully operational, performing very closely to its design capabilities. System performance and first physics results based on SVT selected data samples are presented.