The following is printed from www.sitfunds.com
The following is printed from www.sitfunds.com
The following information is for 2011 taxes. Consult your tax advisor about how to report this information on your federal and state tax returns. Your tax advisor will need this information to prepare your taxes.
Tax forms 1099R & 1099Q were mailed in January.
Tax forms 1099DIV, 1099B, 1099INT & Cost Basis will be mailed before February 6th.
Mutual funds are required to distribute net realized capital gains and income each year. The amounts below were paid on December 16th (to shareholders of record on December 15th).
The Sit Fixed Income Funds pay regular monthly income distributions, but will not be paying a capital gain.
A Form 1099-DIV will be produced for all regular accounts (not IRAs) with Funds that will pay taxable capital gains or income. This form will not be produced for accounts with holdings in the Sit Mutual Funds that did not have any realized net capital gains or income.
| Sit Mutual Fund | Short Term Capital Gain |
Long Term Capital Gain |
Income |
| Mid Cap Growth Fund | $0.00 |
$0.00 |
$0.00 |
| Large Cap Growth Fund | $0.00 |
$0.00 |
$0.3198986 |
| Small Cap Growth Fund | $0.00 |
$0.00 |
$0.00 |
| Balanced Fund | $0.00 |
$0.00 |
$0.0329011* |
| Developing Markets Growth Fund | $0.0015730 |
$1.6478290 |
$0.0620690 |
| International Growth Fund | $0.00 |
$0.00 |
$0.2293230 |
| Dividend Growth Fund Class I |
$0.00 |
$0.0963877 |
$0.0556142* |
| Dividend Growth Fund Class S |
$0.00 |
$0.0963877 |
$0.0479337* |
| Global Dividend Growth Fund Class I |
$0.00 |
$0.1457964 |
$0.0436470* |
| Global Dividend Growth Fund Class S |
$0.00 |
$0.1457964 |
$0.0361180* |
*The Sit Balanced, Dividend Growth, and Global Dividend Growth Funds pay dividends quarterly. This is the amount of the regular quarterly dividend.
The following information is for 2010 taxes. Consult your tax advisor about how to report this information on your federal and state tax returns. Your tax advisor will need this information to prepare your taxes.
Tax forms were mailed between the dates of February 5th to the 7th.
Mutual funds are required to distribute net realized capital gains and income each year. These amounts were paid this year on December 17th (to shareholders of record on December 16th).
As always, the Sit Fixed-Income Funds pay regular monthly income distributions.
A Form 1099-DIV will be produced for all regular accounts (not IRAs) with Funds that pay taxable capital gains or income. This form will not be produced for accounts with holdings in the Sit Mutual Funds that did not have any realized net capital gains or income.
| Sit Mutual Fund | Short Term Capital Gain |
Long Term Capital Gain |
Income |
| Large Cap Growth Fund | $0.00 |
$0.00 |
$0.224500 |
| Balanced Fund | $0.00 |
$0.00 |
$0.075209 |
| Developing Markets Growth Fund | $0.00 |
$0.666107 |
$0.015482 |
| International Growth Fund | $0.00 |
$0.00 |
$0.127368 |
| Dividend Growth Fund | $0.00 |
$0.00 |
$0.038800 |
| Global Dividend Growth Fund | $0.003616 |
$0.122946 |
$0.029453 |
| U.S. Government Securities Fund | $0.000651 |
$0.003135 |
The following information is for 2009 taxes. Consult your tax advisor about how to report this information on your federal and state tax returns. Your tax advisor will need this information to prepare your taxes.
Mutual funds are required to distribute net realized capital gains and income each year. We paid these amounts this year on December 18th (to shareholders of record on December 17th). This year's distribution amounts are provided in the table below. As always, the Sit Fixed-Income Funds pay regular monthly income distributions.
A Form 1099-DIV will be produced for all regular accounts (not IRAs) with Funds that paid taxable capital gains or income. This form will not be produced for accounts with holdings in the Small Cap Growth Fund or the Mid Cap Growth Fund because these Funds did not have any realized net capital gains or income.
| Sit Mutual Fund | Income Distribution |
Capital Gain Distribution |
| Mid Cap Growth | $0.00 |
$0.00 |
| Small Cap Growth | $0.00 |
$0.00 |
| Balanced | $0.097407 |
$0.00 |
| Dividend Growth (I Class) |
$0.048639 |
$0.00 |
| Dividend Growth (S Class) |
$0.042042 |
$0.00 |
| Large Cap Growth | $0.215013 |
$0.00 |
| International Growth | $0.124495 |
$0.00 |
| Developing Markets Growth | $0.044129 |
$0.00 |
| Global Dividend Growth (I Class) | $0.032935 |
$0.00 |
| Global Dividend Growth (S Class) | $0.026181 |
$0.00 |
| U.S. Government Securities | $0.00 |
$0.00 |
| Tax-Free Income | $0.00 |
$0.00 |
| Minnesota Tax-Free Income | $0.00 |
$0.00 |
If you're looking for past year's tax information it is now available on the Historical Tax Information page.
Important Legal Information
2011 Tax Information Brochure