UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act number 811-04033
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Sit Tax-Free Income Fund, a series of Sit Mutual Funds II, Inc.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
3300 IDS Center, 80 S. 8th Street, Minneapolis, MN 55402
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Kelly K. Boston, Staff Attorney
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3300 IDS Center, 80 S. 8th Street, Minneapolis, MN 55402
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(NAME AND ADDRESS OF AGENT FOR SERVICE)
Registrant's telephone number, including area code: 612-332-3223
Date of fiscal year end: March 31, 2004
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Date of reporting period: July 1, 2003 - June 30, 2004
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PROXY VOTE SUMMARY REPORT FROM 07/01/03 TO 06/30/04
SIT TAX-FREE INCOME FUND
Meeting Issuer / Symbol CUSIP / Mgmt. Fund Vote
Date Ballot Issues Proponent Rec. Cast
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5/26/2004 The Blackrock California Insured Municipal 2008 Term Trust Inc 09247G108
1.1 Elect Director Walter F. Mondale Mgmt For For
1.2 Elect Director Ralph L. Schlosstein Mgmt For For
2 Amend Articles Supplementary Mgmt For For
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5/26/2004 The Blackrock Insured Municipal 2008 Term Trust Inc. 09247K109
1.1 Elect Director Walter F. Mondale Mgmt For For
1.2 Elect Director Ralph L. Schlosstein Mgmt For For
2 Amend Articles Supplementary Mgmt For For
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5/26/2004 The Blackrock Insured Municipal Term Trust Inc. 92474105
1.1 Elect Director Andrew F. Brimmer Mgmt For For
1.2 Elect Director Kent Dixon Mgmt For For
1.3 Elect Director Robert S. Kapito Mgmt For For
2 Amend Articles Supplementary Mgmt For For
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant) Sit Tax-Free Income Fund, a series of Sit Mutual Funds II, Inc.
By (Signature and Title)*/s/ Paul E. Rasmussen, Vice President
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Date August 31, 2004
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* Print the name and title of each signing officer under his or her signature.