Sit Tax-Free Income Y (SNTYX)

Fund Assets	126.77M
Expense Ratio	0.70%
Min. Investment	$1,000,000
Turnover	27.42%
Dividend (ttm)	0.36
Dividend Yield	4.34%
Dividend Growth	7.51%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.25
YTD Return	-3.86%
1-Year Return	-2.22%
5-Year Return	-2.85%
52-Week Low	8.13
52-Week High	8.90
Beta (5Y)	n/a
Holdings	296
Inception Date	Jun 1, 2021

About SNTYX

Sit Tax-Free Income Fund Class Y is an open-end mutual fund focused on providing high current income exempt from federal income taxes, with an emphasis on capital preservation. The fund primarily invests in a diversified portfolio of investment-grade, intermediate-duration municipal bonds issued by U.S. states, territories, and their subdivisions. Notably, interest generated from these holdings is generally free from both federal regular income tax and federal alternative minimum tax, which can make the fund attractive to investors in higher tax brackets seeking tax-efficient income. The portfolio is actively managed, with an average maturity around 20 years and an effective duration targeted between three and eight years. Under the stewardship of Sit Investment Associates, a Minneapolis-based and employee-owned firm, the fund leverages a disciplined security selection process to focus on high-quality municipal debt. Its assets are allocated across various sectors such as single- and multi-family mortgage revenue, education, transportation, and general obligation bonds. Sit Tax-Free Income Fund Class Y carries a relatively low expense ratio compared to the broader mutual fund universe, and it plays a significant role for investors seeking regular tax-advantaged income and portfolio stability within the municipal bond market.

• Fund Family: Sit
• Category: Muni National Interm
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: SNTYX
• Share Class: - Class Y
• Index: Bloomberg Municipal Bond 5 Y TR

Performance

SNTYX had a total return of -2.22% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.73%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SNTIX	- Class S	0.95%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03298	Sep 30, 2026
Aug 31, 2026	$0.0315	Aug 31, 2026
Jul 31, 2026	$0.03045	Jul 31, 2026
Jun 30, 2026	$0.0315	Jun 30, 2026
May 29, 2026	$0.0283	May 29, 2026
Apr 30, 2026	$0.0209	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 3, 2026

Data Sources Report a data error