SMTFX
Sit Minnesota Tax-Free Income Fund
SIT MUTUAL FUNDS II INC

Portfolio concentration

As of March 31, 2026 · N-PORT
Holdings
250
Top-10 weight
16.85%
Effective holdings ?
136
Crowding ?
6.2

Holdings

As of March 31, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 White Bear Lake Independent School District No. 624, Series A 10,850,000 $8.96M 2.34%
2 Minnesota Municipal Gas Agency 7,000,000 $7.21M 1.88%
3 ROCHESTER MN HLTH CARE FACS REVENUE 7,500,000 $7.05M 1.84%
4 MN HSG FIN AGY-D 9,340,000 $6.10M 1.59%
5 MINNESOTA ST HSG FIN AGY 8,270,000 $5.87M 1.53%
6 MINNESOTA ST HSG FIN AGY 7,680,000 $5.84M 1.53%
7 MINNESOTA ST HS 2.45% 7/1/2046 7,645,000 $5.49M 1.43%
8 Minnesota Housing Finance Agency 7,295,000 $5.46M 1.43%
9 St. Cloud (City of), MN (CentraCare Health System), Series 2016 A, Ref. RB 5,385,000 $5.39M 1.41%
10 MN AGRIC ECON DEVBRD 5,200,000 $5.31M 1.39%
11 Minnesota Housing Finance Agency, Series 2026 A 4,750,000 $4.69M 1.23%
12 MINNESOTA ST HSG FIN AGY 6,210,000 $4.22M 1.10%
13 Big Lake Economic Development Authority, Series 2026 A 3,825,000 $3.88M 1.01%
14 MINNESOTA ST HI 4% 10/1/2044 4,000,000 $3.85M 1.00%
15 ROCHSTR MN HLTH 4.375% 11/15/53 4,000,000 $3.80M 0.99%
16 MINNESOTA ST HSG FIN AGY 5,635,000 $3.76M 0.98%
17 MINNESOTA ST HSG FIN AGY REGD B/E GNMA/FN 2.62500000 4,530,000 $3.73M 0.97%
18 MINNESOTA ST HI 5% 10/1/2049 3,650,000 $3.70M 0.97%
19 MINNEAPOLIS MINN MULTIFAMILY REV 4,499,932 $3.61M 0.94%
20 State of Minnesota 5,000,000 $3.58M 0.93%
21 Rochester (City of), MN, Series 2016, RB 3,000,000 $3.41M 0.89%
22 MN MAC PORT REV 5% 1/1/2047 @ 3,250,000 $3.27M 0.85%
23 City of Fridley, Series 2018 3,170,925 $3.14M 0.82%
24 Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020I 5,000,000 $3.13M 0.82%
25 Itasca County Independent School District No 318 4,250,000 $3.11M 0.81%
26 St. Paul Port Authority, Series 2007-1 3,105,000 $3.11M 0.81%
27 MINNESOTA ST HGR EDU FACS AUTH REVENUE 3,000,000 $3.04M 0.79%
28 WOODBURY MN CHRT SCH LEASE REV REGD OID B/E 5.25000000 3,000,000 $2.87M 0.75%
29 HAM LAKE MN CHRT SCH LEASE REV HAMEDU 11/36 FIXED 5 2,720,000 $2.72M 0.71%
30 MN HSG FIN AGY -B 3,420,000 $2.72M 0.71%
31 Minneapolis-St. Paul, MN Metropolitan Airports Commission Rev. Refg. B, AMT 2,650,000 $2.71M 0.71%
32 MINNESOTA ST HSG FIN AGY 3,410,000 $2.69M 0.70%
33 MINNEAPOLIS MN & SAINT PAUL MN HSG & REDEV AUTH HLTH CARE 2,500,000 $2.64M 0.69%
34 WAYZATA MINN SENIOR HSG REVENUE 2,750,000 $2.62M 0.68%
35 MINNESOTA ST HSG FIN AGY 3,850,000 $2.62M 0.68%
36 MINNEAPOLIS MN HLTH CARE SYS REVENUE 2,590,000 $2.59M 0.68%
37 MN MAC PORT REV 5.25% 1/1/2049 @ 2,500,000 $2.54M 0.66%
38 City of Oakdale MN 2,550,000 $2.54M 0.66%
39 City of Rochester MN 2,500,000 $2.50M 0.65%
40 Northeastern Metropolitan Intermediate School District No 916 2,500,000 $2.50M 0.65%
41 St. Paul (City of), MN Housing & Redevelopment Authority (Marian Center), Series 2007 A, Ref. RB 2,590,000 $2.50M 0.65%
42 Dakota County Community Development Agency 2,500,000 $2.49M 0.65%
43 Minnesota Housing Finance Agency 3,130,000 $2.48M 0.65%
44 County of Itasca MN 4,000,000 $2.46M 0.64%
45 MINNEAPOLIS MN HLTH CARE SYS R MINMED 11/49 FIXED 5 2,500,000 $2.42M 0.63%
46 Housing & Redevelopment Authority of The City of St Paul Minnesota 2,400,000 $2.32M 0.61%
47 City of St Bonifacius MN 2,225,000 $2.27M 0.59%
48 Minnesota Housing Finance Agency 3,130,000 $2.27M 0.59%
49 Itasca County Independent School District No 318 3,000,000 $2.25M 0.59%
50 Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020I 3,165,000 $2.24M 0.58%
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