Sit Minnesota Tax-Free Income Fund (SMTFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.09
-0.02 (-0.22%)
Jun 6, 2025, 4:00 PM EDT
-3.40% (1Y)
| Fund Assets | 457.46M |
| Expense Ratio | 0.81% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.31% |
| Dividend Growth | 1.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 9.11 |
| YTD Return | -3.38% |
| 1-Year Return | -0.35% |
| 5-Year Return | -2.38% |
| 52-Week Low | 8.87 |
| 52-Week High | 9.71 |
| Beta (5Y) | 0.26 |
| Holdings | 272 |
| Inception Date | Dec 1, 1993 |
About SMTFX
The Sit Minnesota Tax-Free Income Fund (SMTFX) seeks to provide a high level of income that is exempt from federal income tax and Minnesota state income tax as is consistent with the preservation of capital.
Fund Family Sit Funds
Category Muni Minnesota
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SMTFX
Index Bloomberg Municipal Bond 5 Y TR
Performance
SMTFX had a total return of -0.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.70%.
Top 10 Holdings
15.03% of assets| Name | Symbol | Weight |
|---|---|---|
| WHITE BEAR LAKE MN INDEP SCH D - White Bear Lake Independent School District No 624 | MN.WHISCD 3 02.01.2043 | 2.25% |
| ROCHESTER MN HLTH CARE FACS RE - City of Rochester MN | n/a | 1.77% |
| MINNESOTA ST HSG FIN AGY - Minnesota Housing Finance Agency | MN.MNSHSG 2.35 07.01.2041 | 1.74% |
| MINNESOTA ST HSG FIN AGY - Minnesota Housing Finance Agency | n/a | 1.49% |
| MINNESOTA ST HSG FIN AGY - Minnesota Housing Finance Agency | n/a | 1.43% |
| SAINT CLOUD MN HLTH CARE REVEN - City of St Cloud MN | MN.SUDMED 5 05.01.2046 | 1.38% |
| MINNESOTA ST HSG FIN AGY - Minnesota Housing Finance Agency | MN.MNSHSG 2.45 07.01.2046 | 1.34% |
| MINNESOTA ST HSG FIN AGY - Minnesota Housing Finance Agency | n/a | 1.33% |
| SAINT PAUL MN HSG & REDEV AUTH - Housing & Redevelopment Authority of The City of St Paul Minnesota | n/a | 1.24% |
| MINNESOTA ST AGRIC & ECON DEVB - Minnesota Agricultural & Economic Development Board | n/a | 1.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.0263 | May 30, 2025 |
| Apr 30, 2025 | $0.0255 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02484 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02344 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02315 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02676 | Dec 31, 2024 |