# EDGAR Filing Document

**Accession Number:** 0000877880
**File Stem:** 0001752724-25-203011
**Filing Date:** 2025-8
**Character Count:** 31830
**Document Hash:** 2c4fff77039fac563f0569324d361736
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203011.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-203011

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SIT MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0000877880

**ORGANIZATION NAME:**
- **EIN:** 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:** 251251738

**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 Dividend Growth Fund (Series ID: S000003466)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000009600 | Sit Dividend Growth Fund - Class I | SDVGX           |
| C000033658 | Sit Dividend Growth Fund - Class S | SDVSX           |

## 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 Dividend Growth Fund

- **b. EDGAR series identifier (if any):** S000003466

- **c. LEI of Series:** 254900F35QCGD0T7UH74

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $246355138.49

**Total Liabilities:** $145714.45

**Net Assets:** $246209424.04

**Cash Not Reported:** $96801.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009600 | -2.02%               | 5.44%                | 5.10%                |
| Class ID C000033658 | -2.05%               | 5.42%                | 5.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1988943.24              | $-6836697.63                               |
| Month 2  | $467580.73               | $11535742.13                               |
| Month 3  | $-2021104.94             | $13746295.83                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Coca-Cola Co/The                                               | Coca-Cola Co/The                     | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     31075 | NS      | $2198556.25   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                                            | Emerson Electric Co                  | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     16100 | NS      | $2146613.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                                 | S&P Global Inc                       | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      5490 | NS      | $2894822.10   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                           | Bank of America Corp                 | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     72625 | NS      | $3436615.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                                             | Realty Income Corp                   | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     34600 | NS      | $1993306.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                                           | Parker-Hannifin Corp                 | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      2235 | NS      | $1561080.45   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                                       | eBay Inc                             | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     23950 | NS      | $1783317.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                                      | L3Harris Technologies Inc            | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      6925 | NS      | $1737067.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                                      | Adobe Inc                            | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      5075 | NS      | $1963416.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/T                                 | Hartford Insurance Group Inc/The     | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     19225 | NS      | $2439075.75   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                            | Fifth Third Bancorp                  | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     17175 | NS      | $706407.75    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                                    | Honeywell International Inc          | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     11600 | NS      | $2701408.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                                        | Procter & Gamble Co/The              | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     26150 | NS      | $4166218.00   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                                          | Carlyle Group Inc/The                | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     44475 | NS      | $2286015.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                                  | Medtronic PLC                        | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     29200 | NS      | $2545364.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                                            | International Business Machines Corp | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      8950 | NS      | $2638281.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                                            | Abbott Laboratories                  | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     19475 | NS      | $2648794.75   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                                  | Accenture PLC                        | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      9550 | NS      | $2854399.50   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                                  | Citigroup Inc                        | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     25775 | NS      | $2193968.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                                    | Goldman Sachs Group Inc/The          | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      4420 | NS      | $3128255.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                                  | Intercontinental Exchange Inc        | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     12975 | NS      | $2380523.25   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                                     | FedEx Corp                           | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      5650 | NS      | $1284301.50   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                                             | Home Depot Inc/The                   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     10650 | NS      | $3904716.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                                     | US Bancorp                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     20700 | NS      | $936675.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                                    | NVIDIA Corp                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     54100 | NS      | $8547259.00   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                                            | TE Connectivity PLC                  | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     21900 | NS      | $3693873.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                                                | McDonald's Corp                      | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      8800 | NS      | $2571096.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                                          | Quest Diagnostics Inc                | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     17425 | NS      | $3130052.75   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                                       | NIKE Inc                             | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     23550 | NS      | $1672992.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T                                 | Bank of New York Mellon Corp/The     | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     24025 | NS      | $2188917.75   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                                               | Exxon Mobil Corp                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     54475 | NS      | $5872405.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                                              | Cisco Systems Inc                    | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     51000 | NS      | $3538380.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                                       | RTX Corp                             | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     23400 | NS      | $3416868.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                      | Linde PLC                            | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |      3775 | NS      | $1771154.50   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                                   | Thermo Fisher Scientific Inc         | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      4600 | NS      | $1865116.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                                 | Salesforce Inc                       | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      8050 | NS      | $2195154.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                                 | Eli Lilly & Co                       | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4520 | NS      | $3523475.60   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                                           | Williams Cos Inc/The                 | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     71275 | NS      | $4476782.75   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                                                     | Garmin Ltd                           | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      7675 | NS      | $1601926.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                                   | Broadcom Inc                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     37475 | NS      | $10329983.75  | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                                           | Waste Management Inc                 | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     11750 | NS      | $2688635.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY INVESTMENTS MONEY MARKET FUNDS - GOVERNMENT PORTFOLIO | FIDELITY GOVERNMENT PORT-I           | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |   2265292 | NS      | $2265291.80   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                                     | AbbVie Inc                           | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     19000 | NS      | $3526780.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                                      | Apple Inc                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     53600 | NS      | $10997112.00  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                                | AstraZeneca PLC                      | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     47775 | NS      | $3338517.00   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                             | Meta Platforms Inc                   | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      5585 | NS      | $4122232.65   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                       | Visa Inc                             | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      8590 | NS      | $3049879.50   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                                                   | Stryker Corp                         | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      9775 | NS      | $3867283.25   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                                            | Cardinal Health Inc                  | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     22850 | NS      | $3838800.00   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                               | Wells Fargo & Co                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     28700 | NS      | $2299444.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                                             | CareTrust REIT Inc                   | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     70450 | NS      | $2155770.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                                                       | PPL Corp                             | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    103125 | NS      | $3494906.25   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                                 | Amazon.com Inc                       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     20490 | NS      | $4495301.10   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                                        | Bristol-Myers Squibb Co              | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     25600 | NS      | $1185024.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                                 | Microsoft Corp                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     33830 | NS      | $16827380.30  | 6.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                                     | Verizon Communications Inc           | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     66350 | NS      | $2870964.50   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                                               | Donaldson Co Inc                     | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |      1625 | NS      | $112693.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                                                  | DTE Energy Co                        | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     15200 | NS      | $2013392.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                   | Alphabet Inc                         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     20750 | NS      | $3656772.50   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                                     | Siemens AG                           | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |      9625 | NS      | $1240373.75   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                                            | Elevance Health Inc                  | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      4675 | NS      | $1818388.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                                                   | NiSource Inc                         | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     81300 | NS      | $3279642.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                                                    | MetLife Inc                          | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     37700 | NS      | $3031834.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                                     | Intuit Inc                           | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      3996 | NS      | $3147369.48   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                                                 | Flowserve Corp                       | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     49800 | NS      | $2607030.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                              | Johnson & Johnson                    | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     20400 | NS      | $3116100.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                                 | Eaton Corp PLC                       | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      9150 | NS      | $3266458.50   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                                    | Oracle Corp                          | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     16775 | NS      | $3667518.25   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                            | JPMorgan Chase & Co                  | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     15000 | NS      | $4348650.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Grou                                 | Public Service Enterprise Group Inc  | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     32475 | NS      | $2733745.50   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                                          | Micron Technology Inc                | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     16875 | NS      | $2079843.75   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I                                 | American International Group Inc     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     27775 | NS      | $2377262.25   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                                | TJX Cos Inc/The                      | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     22300 | NS      | $2753827.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                         | UnitedHealth Group Inc               | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1575 | NS      | $491352.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                                      | CH Robinson Worldwide Inc            | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     19400 | NS      | $1861430.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                                      | Axis Capital Holdings Ltd            | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     17775 | NS      | $1845400.50   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                                       | CSX Corp                             | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     84975 | NS      | $2772734.25   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                                 | Public Storage                       | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      6875 | NS      | $2017262.50   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                                             | NextEra Energy Inc                   | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     24750 | NS      | $1718145.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                                                   | Xylem Inc/NY                         | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     16250 | NS      | $2102100.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

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

**Signature:** Paul Rasmussen

**Name of Signer:** Paul Rasmussen

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