Sit Tax-Free Income Fund S (SNTIX)
8.85
-0.03
(-0.34%)
USD |
Mar 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.95% | 131.93M | -- | 27.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -32.64M | 4.65% |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income that is exempt from federal income tax consistent with preservation of capital. The Fund seeks to invest in municipal securities that generate interest income that is exempt from regular federal income tax. The Funds dollar-weighted average maturity will range between 10 and 25 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Sit Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
40
-1.820B
Peer Group Low
289.37M
Peer Group High
1 Year
% Rank:
60
-32.64M
-1.595B
Peer Group Low
4.669B
Peer Group High
3 Months
% Rank:
46
-669.73M
Peer Group Low
1.015B
Peer Group High
3 Years
% Rank:
77
-4.689B
Peer Group Low
15.91B
Peer Group High
6 Months
% Rank:
65
-674.05M
Peer Group Low
2.276B
Peer Group High
5 Years
% Rank:
69
-7.840B
Peer Group Low
32.75B
Peer Group High
YTD
% Rank:
47
-1.063B
Peer Group Low
852.12M
Peer Group High
10 Years
% Rank:
72
-7.217B
Peer Group Low
44.15B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 03, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | -0.21% |
| Stock | 0.00% |
| Bond | 101.1% |
| Convertible | 0.00% |
| Preferred | -0.14% |
| Other | -0.77% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV MI 2.500 06/01/2052 | 1.91% | -- | -- |
| TEXAS ST DEPT HSG & CMNTY AFFAIRS RESIDENTIAL MTG REV TX 5.250 01/01/2053 | 1.25% | 103.03 | -0.21% |
| TEXAS ST DEPT HSG & CMNTY AFFAIRS RESIDENTIAL MTG REV TX 5.125 01/01/2054 | 1.25% | -- | -- |
| INDIANA ST HSG & CMNTY DEV AUTH SINGLE FAMILY REV IN 4.800 07/01/2054 | 1.22% | -- | -- |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV MI 2.750 06/01/2051 | 1.16% | -- | -- |
| OHIO ST HSG FIN AGY RESIDENTIAL MTG REV OH 5.100 09/01/2047 | 1.08% | -- | -- |
| TEXAS ST DEPT HSG & CMNTY AFFAIRS RESIDENTIAL MTG REV TX 3.125 01/01/2052 | 1.08% | -- | -- |
| OHIO ST HSG FIN AGY RESIDENTIAL MTG REV OH 2.450 09/01/2051 | 0.98% | -- | -- |
| NEW YORK ST MTG AGY HOMEOWNER MTG REV NY 2.550 04/01/2050 | 0.92% | 65.90 | -0.58% |
| ILLINOIS FIN AUTH REV IL 5.000 01/01/2044 | 0.86% | 104.90 | 0.07% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.80% |
| Administration Fee | 590.1K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 5000.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income that is exempt from federal income tax consistent with preservation of capital. The Fund seeks to invest in municipal securities that generate interest income that is exempt from regular federal income tax. The Funds dollar-weighted average maturity will range between 10 and 25 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Sit Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-27-26) | 3.77% |
| 30-Day SEC Yield (1-31-26) | 3.74% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 310 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.79% |
| Effective Duration | 6.56 |
| Average Coupon | 4.68% |
| Calculated Average Quality | 2.293 |
| Effective Maturity | 17.27 |
| Nominal Maturity | 21.37 |
| Number of Bond Holdings | 297 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 9/29/1988 |
| Share Classes | |
| SNTYX | Inst |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:SNTIX", "name") |
| Broad Asset Class: =YCI("M:SNTIX", "broad_asset_class") |
| Broad Category: =YCI("M:SNTIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:SNTIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |