Sit MN Tax-Free Income holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Sit Minnesota Tax-Free Income Fund SMTFX
- NAV / 1-Day Return 9.72 / −0.10 %
- Total Assets 397.6M
-
Adj. Expense Ratio
0.810%
- Expense Ratio 0.800%
- Distribution Fee Level High
- Share Class Type No Load
- Category Muni Minnesota
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 3.42%
- Effective Duration 7.40 years
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:46 AM GMT+0
Morningstar’s Analysis SMTFX
Will SMTFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the SMTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SMTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Us Dollar | 2.57 | 10M | Cash and Equivalents |
WHITE BEAR LAKE MINN INDPT SCH DIST NO 624 3% | 2.35 | 9M | municipal |
MINNESOTA MUN GAS AGY GAS PROJ REV 5% | 1.89 | 7M | municipal |
ROCHESTER MINN HEALTH CARE FACS REV 4% | 1.85 | 7M | municipal |
MINNESOTA ST HSG FIN AGY 2.45% | 1.60 | 6M | municipal |
MINNESOTA ST HSG FIN AGY 2.4% | 1.54 | 6M | municipal |
MINNESOTA ST HSG FIN AGY 2.35% | 1.53 | 6M | municipal |
MINNESOTA ST HSG FIN AGY 2.45% | 1.44 | 5M | municipal |
MINNESOTA ST HSG FIN AGY 2.25% | 1.43 | 5M | municipal |
ST CLOUD MINN HEALTH CARE REV 5% | 1.41 | 5M | municipal |
United States