# EDGAR Filing Document

**Accession Number:** 0000877880
**File Stem:** 0001752724-23-035238
**Filing Date:** 2023-2
**Character Count:** 33346
**Document Hash:** 4fb0f1bf8f48171ff0f5fb971c170dab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035238.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035238

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SIT MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0000877880
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06373
- **FILM NUMBER:** 23657199

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 IDS CTR, 80 SOUTH 8TH ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-4130
- **BUSINESS PHONE:** 612-332-3223

**MAIL ADDRESS:**
- **STREET 1:** 3300 IDS CTR, 80 SOUTH 8TH ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-4130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SIT NEW BEGINNING MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Sit International Growth Fund (Series ID: S000003461)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000009595 | Sit International Growth Fund | SNGRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SIT MUTUAL FUNDS INC

- **b. Investment Company Act file number:** 811-06373

- **c. CIK number of Registrant:** 0000877880

- **d. LEI of Registrant:** 254900G3NOOZ0B3T2Q46

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 80 S. Eighth Street

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402

  - **Telephone number:** 612-332-3223

**Item A.2. Information about the Series.**

- **a. Name of Series:** Sit International Growth Fund

- **b. EDGAR series identifier (if any):** S000003461

- **c. LEI of Series:** 254900HEYR6MUMPY3L49

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $23088944.47

**Total Liabilities:** $18145.28

**Net Assets:** $23070799.19

**Cash Not Reported:** $4519.07

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009595 | 5.87%                | 12.68%               | -3.41%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $27718.32                | $1172977.26                                |
| Month 2  | $72232.76                | $2610632.54                                |
| Month 3  | $-87803.37               | $-739558.68                                |

### Schedule of Portfolio Investments

| Name                                                           | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ST Engineering                                                 | Singapore Technologies Engineering Ltd                    | CUSIP: 000000000<br>LEI: 254900OEXGGWCR24DG90 | Long             | EC               | CORP              | SG        |     78400 | NS      | $196087.80    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co Ltd                                        | Recruit Holdings Co Ltd                                   | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |     11200 | NS      | $356464.49    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                                | AstraZeneca PLC                                           | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      8300 | NS      | $562740.00    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Alimentation Couche-Tard Inc                                   | Alimentation Couche-Tard Inc                              | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |      7400 | NS      | $325184.64    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC                                    | Reckitt Benckiser Group PLC                               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |      3100 | NS      | $215645.25    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                                      | Shell PLC                                                 | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |      9100 | NS      | $518245.00    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Munich Re                                                      | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 000000000<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |       800 | NS      | $260333.44    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI India ETF                                         | iShares MSCI India ETF                                    | CUSIP: 46429B598<br>LEI: 549300282VMCFH7S5848 | Long             | EC               | RF                | US        |      5600 | NS      | $233744.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc                                          | Euronet Worldwide Inc                                     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      1775 | NS      | $167524.50    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                                          | Schneider Electric SE                                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |      5000 | NS      | $699646.12    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                                        | CRH PLC                                                   | CUSIP: 12626K203<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |      4800 | NS      | $190992.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                                         | AXA SA                                                    | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |     11750 | NS      | $327714.25    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp                                                   | Keyence Corp                                              | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |      1000 | NS      | $391801.28    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                                                  | BHP Group Ltd                                             | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |      4200 | NS      | $260610.00    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                                              | Ashtead Group PLC                                         | CUSIP: 000000000<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |      5500 | NS      | $313843.42    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Astellas Pharma Inc                                            | Astellas Pharma Inc                                       | CUSIP: 000000000<br>LEI: 529900IB708DY2HBBB35 | Long             | EC               | CORP              | JP        |     17700 | NS      | $270611.48    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Elis SA                                                        | Elis SA                                                   | CUSIP: 000000000<br>LEI: 969500UX71LCE8MAY492 | Long             | EC               | CORP              | FR        |      8125 | NS      | $120198.15    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                                                  | Rio Tinto PLC                                             | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |      4400 | NS      | $313280.00    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Westpac Banking Corp                                           | Westpac Banking Corp                                      | CUSIP: 000000000<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | EC               | CORP              | AU        |      4425 | NS      | $70347.98     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                                          | Waste Connections Inc                                     | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | US        |      2750 | NS      | $364540.00    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                                  | Accenture PLC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |       550 | NS      | $146762.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                                     | Samsung Electronics Co Ltd                                | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |       185 | NS      | $204425.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                                                | Sony Group Corp                                           | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      6300 | NS      | $480564.00    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Logitech International SA                                      | Logitech International SA                                 | CUSIP: 000000000<br>LEI: 549300SN6PRK6IJJC215 | Long             | EC               | CORP              | CH        |      6650 | NS      | $413962.50    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ENN Energy Holdings Ltd                                        | ENN Energy Holdings Ltd                                   | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | EC               | CORP              | CN        |     18400 | NS      | $258363.07    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                                      | Safran SA                                                 | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |      3200 | NS      | $400502.44    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                                      | Nestle SA                                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      3600 | NS      | $417135.13    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution AB                                                   | Evolution AB                                              | CUSIP: 30051E104<br>LEI: 549300SUH6ZR1RF6TA88 | Long             | EC               | CORP              | SE        |      1000 | NS      | $97850.00     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                                     | Diageo PLC                                                | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      2775 | NS      | $494477.25    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                                                | BAE Systems PLC                                           | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     52600 | NS      | $544336.99    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                                                 | Atlassian Corp                                            | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |      1825 | NS      | $234841.00    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dechra Pharmaceuticals PLC                                     | Dechra Pharmaceuticals PLC                                | CUSIP: 000000000<br>LEI: 213800J4UVB5OWG8VX82 | Long             | EC               | CORP              | GB        |      6300 | NS      | $199396.96    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc                                        | Lululemon Athletica Inc                                   | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |       200 | NS      | $64076.00     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc                                     | Mondelez International Inc                                | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      4800 | NS      | $319920.00    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                                       | RELX PLC                                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     12275 | NS      | $339531.75    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                                    | Novartis AG                                               | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |      1950 | NS      | $176283.46    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ericsson                                                       | Telefonaktiebolaget LM Ericsson                           | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |     20450 | NS      | $119428.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes SE                                           | Dassault Systemes SE                                      | CUSIP: 000000000<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |     11700 | NS      | $419500.26    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Budweiser Brewing Co APAC Ltd                                  | Budweiser Brewing Co APAC Ltd                             | CUSIP: 000000000<br>LEI: 549300YF1MR4GTF18132 | Long             | EC               | CORP              | HK        |     21500 | NS      | $67622.62     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PL                                 | London Stock Exchange Group PLC                           | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |      5100 | NS      | $439980.43    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Nephew PLC                                             | Smith & Nephew PLC                                        | CUSIP: 000000000<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |     25250 | NS      | $338685.83    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                                                        | Ping An Insurance Group Co of China Ltd                   | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     33500 | NS      | $221675.24    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                                             | Cellnex Telecom SA                                        | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |      5200 | NS      | $172111.23    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Lynas Rare Earths Ltd                                          | Lynas Rare Earths Ltd                                     | CUSIP: 000000000<br>LEI: 529900SGT9M1FJPXXI35 | Long             | EC               | CORP              | MY        |     35775 | NS      | $191205.66    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                                                  | AIA Group Ltd                                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |     32200 | NS      | $358078.01    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                               | Roche Holding AG                                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      1350 | NS      | $424133.46    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Chem Ltd                                                    | LG Chem Ltd                                               | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EC               | CORP              | KR        |       975 | NS      | $467402.88    | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FIDELITY INVESTMENTS MONEY MARKET FUNDS - GOVERNMENT PORTFOLIO | FIDELITY GOVERNMENT PORT-I                                | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    167059 | NS      | $167058.63    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                      | Linde PLC                                                 | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | GB        |       500 | NS      | $163090.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                                | ASML Holding NV                                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      1025 | NS      | $560060.00    | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd                                         | DBS Group Holdings Ltd                                    | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |     15600 | NS      | $395066.45    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexagon AB                                                     | Hexagon AB                                                | CUSIP: 000000000<br>LEI: 549300WJFW6ILNI4TA80 | Long             | EC               | CORP              | SE        |     26600 | NS      | $277857.37    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC                                              | Compass Group PLC                                         | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     10625 | NS      | $246304.67    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Entain PLC                                                     | Entain PLC                                                | CUSIP: 000000000<br>LEI: 213800GNI3K45LQR8L28 | Long             | EC               | CORP              | GB        |     13925 | NS      | $222469.62    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd                                      | Woodside Energy Group Ltd                                 | CUSIP: 980228308<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |      1517 | NS      | $36726.57     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                                   | Broadcom Inc                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1025 | NS      | $573108.25    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                                     | Siemens AG                                                | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |      3100 | NS      | $430196.73    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group I                                 | Colliers International Group Inc                          | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |      1600 | NS      | $147264.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                                                      | Baidu Inc                                                 | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | CN        |      1575 | NS      | $180148.50    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                                      | Zurich Insurance Group AG                                 | CUSIP: 000000000<br>LEI: 529900QVNRBND50TXP03 | Long             | EC               | CORP              | CH        |       680 | NS      | $325273.35    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                                                     | Globant SA                                                | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | UY        |      2050 | NS      | $344728.00    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                                                   | Glencore PLC                                              | CUSIP: 37827X100<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | CH        |      3500 | NS      | $46620.00     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellantis NV                                                  | Stellantis NV                                             | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | EC               | CORP              | NL        |     16375 | NS      | $232525.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CSPC Pharmaceutical Group Ltd                                  | CSPC Pharmaceutical Group Ltd                             | CUSIP: 000000000<br>LEI: 529900M3XQCW234H8O91 | Long             | EC               | CORP              | CN        |    262960 | NS      | $276252.11    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Shiseido Co Ltd                                                | Shiseido Co Ltd                                           | CUSIP: 000000000<br>LEI: 5299008QCD0YDT5OF506 | Long             | EC               | CORP              | JP        |      4100 | NS      | $202157.12    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                                     | Allianz SE                                                | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |      2250 | NS      | $483870.16    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Partners Group Holding AG                                      | Partners Group Holding AG                                 | CUSIP: 000000000<br>LEI: 549300I3IVVWZWDHI788 | Long             | EC               | CORP              | CH        |       490 | NS      | $432847.02    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Faurecia SE                                                    | Faurecia SE                                               | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | EC               | CORP              | FR        |      7166 | NS      | $108389.04    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Terumo Corp                                                    | Terumo Corp                                               | CUSIP: 000000000<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |     13100 | NS      | $373914.96    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                                                   | Iberdrola SA                                              | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |     45900 | NS      | $537030.85    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                                                     | STERIS PLC                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1175 | NS      | $217010.75    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Infineon Technologies AG                                       | Infineon Technologies AG                                  | CUSIP: 000000000<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |      5700 | NS      | $173467.49    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC                                           | Rentokil Initial PLC                                      | CUSIP: 000000000<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |     27450 | NS      | $168583.24    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity Ltd                                            | TE Connectivity Ltd                                       | CUSIP: 000000000<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | US        |      1100 | NS      | $126280.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Europacific Partners                                 | Coca-Cola Europacific Partners PLC                        | CUSIP: 000000000<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | GB        |      5400 | NS      | $298728.00    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Lonza Group AG                                                 | Lonza Group AG                                            | CUSIP: 000000000<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |       590 | NS      | $289113.72    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                                                       | Adyen NV                                                  | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |        84 | NS      | $115850.09    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Man Group PLC/Jersey                                           | Man Group PLC/Jersey                                      | CUSIP: 000000000<br>LEI: 2549003YWC1DW6LALB09 | Long             | EC               | CORP              | GB        |     38950 | NS      | $100628.34    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Group Ltd                                            | Macquarie Group Ltd                                       | CUSIP: 000000000<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | EC               | CORP              | AU        |      2600 | NS      | $295554.26    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                                               | Deutsche Post AG                                          | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      6550 | NS      | $246662.72    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** SIT MUTUAL FUNDS INC

**Signature:** Paul Rasmussen

**Name of Signer:** Paul Rasmussen

**Title:** VP, Treasurer & Chief Compliance Officer