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 --------------------------------------------------- Sit Mutual Funds II, Inc. - -------------------------------------------------------------------------------- (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) 3300 IDS Center, 80 S. 8th Street, Minneapolis, MN 55402 - -------------------------------------------------------------------------------- (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) Kelly K. Boston, Staff Attorney - -------------------------------------------------------------------------------- 3300 IDS Center, 80 S. 8th Street, Minneapolis, MN 55402 - -------------------------------------------------------------------------------- (NAME AND ADDRESS OF AGENT FOR SERVICE) Registrant's telephone number, including area code: 612-332-3223 ----------------- Date of fiscal year end: March 31, 2010 ----------------------------------- Date of reporting period: July 1, 2009 - June 30, 2010 ---------------------------------- ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-04033 Reporting Period: 07/01/2009 - 06/30/2010 Sit Mutual Funds II, Inc. ================ SIT HIGH INCOME MUNICIPAL BOND FUND (SERIES D) ================ BLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST Ticker: BTA Security ID: 09250B103 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee Richard S. Davis For For Management 1.2 Elect Trustee Frank J. Fabozzi For For Management 1.3 Elect Trustee James T. Flynn For For Management 1.4 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- BLACKROCK MUNIHOLDINGS INSURED INVESTMENT FUND, INC. Ticker: MFL Security ID: 09254P108 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee G. Nicholas Beckwith, III For For Management 1.2 Elect Trustee Richard E. Cavanagh For For Management 1.3 Elect Trustee Richard S. Davis For For Management 1.4 Elect Trustee Kent Dixon For For Management 1.5 Elect Trustee Kathleen F. Feldstein For For Management 1.6 Elect Trustee James T. Flynn For For Management 1.7 Elect Trustee Henry Gabbay For For Management 1.8 Elect Trustee Jerrold B. Harris For For Management 1.9 Elect Trustee R. Glenn Hubbard For For Management 1.10 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- DREYFUS FUNDS Ticker: DEIXX Security ID: 26202K205 Meeting Date: FEB 12, 2010 Meeting Type: Special Record Date: SEP 4, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Change of Fundamental For For Management Investment Policy: Regarding Borrowing 2 Approve Change of Fundamental For For Management Investment Policy: Regarding Lending 3 Approve Change of Fundamental For For Management Investment Policy: Other Investment Companies - -------------------------------------------------------------------------------- DWS MUNICIPAL INCOME TRUST Ticker: KTF Security ID: 23338M106 Meeting Date: MAY 24, 2010 Meeting Type: Annual Record Date: APR 9, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Henry P. Becton, Jr. For For Management 1.2 Elect Director Paul K. Freeman For For Management 1.3 Elect Director William McClayton For For Management 1.4 Elect Director Jean Gleason Stromberg For For Management - -------------------------------------------------------------------------------- DWS STRATEGIC MUNICIPAL INCOME TRUST Ticker: KSM Security ID: 23338T101 Meeting Date: MAY 24, 2010 Meeting Type: Annual Record Date: APR 9, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Henry P. Becton, Jr. For For Management 1.2 Elect Director Paul K. Freeman For For Management 1.3 Elect Director William McClayton For For Management 1.4 Elect Director Jean Gleason Stromberg For For Management - -------------------------------------------------------------------------------- MFS HIGH INCOME MUNICIPAL TRUST Ticker: CXE Security ID: 59318D104 Meeting Date: OCT 8, 2009 Meeting Type: Annual Record Date: AUG 7, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee Robert E. Butler For For Management 1.2 Elect Trustee David H. Gunning For For Management 1.3 Elect Trustee Robert C. Pozen For For Management 1.4 Elect Trustee J. Dale Sherratt For For Management - -------------------------------------------------------------------------------- MORGAN STANLEY TRUSTS Ticker: OIA Security ID: 61745P452 Meeting Date: DEC 11, 2009 Meeting Type: Annual Record Date: OCT 13, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Kathleen A. Dennis For For Management 1.2 Elect Director Manuel H. Johnson For For Management 1.3 Elect Director Joseph J. Kearns For For Management 1.4 Elect Director Fergus Reid For For Management - -------------------------------------------------------------------------------- MORGAN STANLEY TRUSTS Ticker: OIB Security ID: 61745P452 Meeting Date: MAY 11, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director David C. Arch For For Management 1.2 Elect Director Bob R. Baker For For Management 1.3 Elect Director Frank S. Bayley For For Management 1.4 Elect Director James T. Bunch For For Management 1.5 Elect Director Bruce L. Crockett For For Management 1.6 Elect Director Rod Dammeyer For For Management 1.7 Elect Director Albert R. Dowden For For Management 1.8 Elect Director Jack M. Fields For For Management 1.9 Elect Director Martin L. Flanagan For Withhold Management 1.10 Elect Director Carl Frischling For For Management 1.11 Elect Director Prema Mathai-Davis For For Management 1.12 Elect Director Lewis F. Pennock For For Management 1.13 Elect Director Larry Soll For For Management 1.14 Elect Director Hugo F. Sonnenschein For For Management 1.15 Elect Director Raymond Stickel, Jr. For For Management 1.16 Elect Director Philip A. Taylor For Withhold Management 1.17 Elect Director Wayne W. Whalen For For Management 2 Approve Investment Advisory Agreement For For Management 3 Approve Subadvisory Agreement For For Management - -------------------------------------------------------------------------------- PIMCO CALIFORNIA MUNICIPAL INCOME FUND II Ticker: PCK Security ID: 72200M108 Meeting Date: DEC 18, 2009 Meeting Type: Annual Record Date: NOV 20, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Director Robert E. Connor For For Management 1.2 Director William B. Ogden, IV For For Management - -------------------------------------------------------------------------------- VAN KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST II Ticker: VKI Security ID: 92112K107 Meeting Date: APR 16, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Investment Advisory Agreement For For Management 2 Approve Subadvisory Agreement For For Management - -------------------------------------------------------------------------------- VAN KAMPEN TRUST FOR INVESTMENT GRADE MUNICIPALS Ticker: VGM Security ID: 920929106 Meeting Date: APR 16, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Investment Advisory Agreement For For Management 2 Approve Subadvisory Agreement For For Management ================ SIT MINNESOTA TAX-FREE INCOME FUND (SERIES B) ================= DELAWARE INVESTMENTS MINNESOTA MUNICIPAL INCOME FUND II, INC. Ticker: Security ID: 24610V103 Meeting Date: AUG 19, 2009 Meeting Type: Annual Record Date: JUN 23, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee Thomas L. Bennett For For Management 1.2 Elect Trustee Patrick P. Coyne For For Management 1.3 Elect Trustee John A. Fry For For Management 1.4 Elect Trustee Anthony D. Knerr For For Management 1.5 Elect Trustee Lucinda S. Landreth For For Management 1.6 Elect Trustee Ann R. Leven For For Management 1.7 Elect Trustee Thomas F. Madison For For Management 1.8 Elect Trustee Janet L. Yeomans For For Management 1.9 Elect Trustee J. Richard Zecher For For Management - -------------------------------------------------------------------------------- DELAWARE INVESTMENTS MINNESOTA MUNICIPAL INCOME FUND II, INC. Ticker: Security ID: 24610V103 Meeting Date: DEC 4, 2009 Meeting Type: Special Record Date: SEP 18, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Investment Advisory Agreement For For Management - -------------------------------------------------------------------------------- FIRST AMERICAN MINNESOTA MUNICIPAL INCOME FUND II, INC. Ticker: MXN Security ID: 31849P104 Meeting Date: DEC 1, 2009 Meeting Type: Annual Record Date: OCT 14, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Benjamin R. Field, III For For Management 1.2 Elect Director Victoria J. Herget For For Management 1.3 Elect Director John P. Kayser For For Management 1.4 Elect Director Richard K. Riederer For For Management 1.5 Elect Director Joseph D. Strauss For For Management 1.6 Elect Director Virginia L. Stringer For For Management 1.7 Elect Director James M. Wade For For Management 2 Ratify Auditors For For Management - -------------------------------------------------------------------------------- MINNESOTA MUNICIPAL INCOME PORTFOLIO, INC. Ticker: MXA Security ID: 604062109 Meeting Date: DEC 1, 2009 Meeting Type: Annual Record Date: OCT 14, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Benjamin R. Field, III For For Management 1.2 Elect Director Victoria J. Herget For For Management 1.3 Elect Director John P. Kayser For For Management 1.4 Elect Director Richard K. Riederer For For Management 1.5 Elect Director Joseph D. Strauss For For Management 1.6 Elect Director Virginia L. Stringer For For Management 1.7 Elect Director James M. Wade For For Management 2 Ratify Auditors For For Management ===================== SIT TAX-FREE INCOME FUND (SERIES A) ====================== BLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST Ticker: BTA Security ID: 09250B103 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee Richard S. Davis For For Management 1.2 Elect Trustee Frank J. Fabozzi For For Management 1.3 Elect Trustee James T. Flynn For For Management 1.4 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- BLACKROCK MUNIHOLDINGS INSURED INVESTMENT FUND, INC. Ticker: MFL Security ID: 09254P108 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee G. Nicholas Beckwith, III For For Management 1.2 Elect Trustee Richard E. Cavanagh For For Management 1.3 Elect Trustee Richard S. Davis For For Management 1.4 Elect Trustee Kent Dixon For For Management 1.5 Elect Trustee Kathleen F. Feldstein For For Management 1.6 Elect Trustee James T. Flynn For For Management 1.7 Elect Trustee Henry Gabbay For For Management 1.8 Elect Trustee Jerrold B. Harris For For Management 1.9 Elect Trustee R. Glenn Hubbard For For Management 1.10 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- BLACKROCK MUNIYIELD INSURED FUND INC Ticker: MYI Security ID: 09254E103 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee G. Nicholas Beckwith, III For For Management 1.2 Elect Trustee Richard E. Cavanagh For For Management 1.3 Elect Trustee Richard S. Davis For For Management 1.4 Elect Trustee Kent Dixon For For Management 1.5 Elect Trustee Kathleen F. Feldstein For For Management 1.6 Elect Trustee James T. Flynn For For Management 1.7 Elect Trustee Henry Gabbay For For Management 1.8 Elect Trustee Jerrold B. Harris For For Management 1.9 Elect Trustee R. Glenn Hubbard For For Management 1.10 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- BLACKROCK MUNIYIELD INVESTMENT FUND Ticker: MYF Security ID: 09254R104 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee G. Nicholas Beckwith, III For For Management 1.2 Elect Trustee Richard E. Cavanagh For For Management 1.3 Elect Trustee Richard S. Davis For For Management 1.4 Elect Trustee Kent Dixon For For Management 1.5 Elect Trustee Kathleen F. Feldstein For For Management 1.6 Elect Trustee James T. Flynn For For Management 1.7 Elect Trustee Henry Gabbay For For Management 1.8 Elect Trustee Jerrold B. Harris For For Management 1.9 Elect Trustee R. Glenn Hubbard For For Management 1.10 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- BLACKROCK MUNIYIELD MICHIGAN INSURED FUND II INC Ticker: MYM Security ID: 09254W103 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee G. Nicholas Beckwith, III For For Management 1.2 Elect Trustee Richard E. Cavanagh For For Management 1.3 Elect Trustee Richard S. Davis For For Management 1.4 Elect Trustee Kent Dixon For For Management 1.5 Elect Trustee Kathleen F. Feldstein For For Management 1.6 Elect Trustee James T. Flynn For For Management 1.7 Elect Trustee Henry Gabbay For For Management 1.8 Elect Trustee Jerrold B. Harris For For Management 1.9 Elect Trustee R. Glenn Hubbard For For Management 1.10 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- BLACKROCK MUNIYIELD MICHIGAN INSURED FUND, INC Ticker: MIY Security ID: 09254V105 Meeting Date: AUG 26, 2009 Meeting Type: Annual Record Date: JUN 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee G. Nicholas Beckwith, III For For Management 1.2 Elect Trustee Richard E. Cavanagh For For Management 1.3 Elect Trustee Richard S. Davis For For Management 1.4 Elect Trustee Kent Dixon For For Management 1.5 Elect Trustee Kathleen F. Feldstein For For Management 1.6 Elect Trustee James T. Flynn For For Management 1.7 Elect Trustee Henry Gabbay For For Management 1.8 Elect Trustee Jerrold B. Harris For For Management 1.9 Elect Trustee R. Glenn Hubbard For For Management 1.10 Elect Trustee Karen P. Robards For For Management - -------------------------------------------------------------------------------- DREYFUS FUNDS Ticker: DEIXX Security ID: 26202K205 Meeting Date: FEB 12, 2010 Meeting Type: Special Record Date: SEP 4, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Change of Fundamental For For Management Investment Policy: Regarding Borrowing 2 Approve Change of Fundamental For For Management Investment Policy: Regarding Lending 3 Approve Change of Fundamental For For Management Investment Policy: Other Investment Companies - -------------------------------------------------------------------------------- DWS MUNICIPAL INCOME TRUST Ticker: KTF Security ID: 23338M106 Meeting Date: MAY 24, 2010 Meeting Type: Annual Record Date: APR 9, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Henry P. Becton, Jr. For For Management 1.2 Elect Director Paul K. Freeman For For Management 1.3 Elect Director William McClayton For For Management 1.4 Elect Director Jean Gleason Stromberg For For Management - -------------------------------------------------------------------------------- EATON VANCE MUNICIPAL INCOME TRUST Ticker: EVN Security ID: 27826U108 Meeting Date: MAR 26, 2010 Meeting Type: Annual Record Date: JAN 11, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Thomas E. Faust Jr. For For Management 1.2 Elect Director Allen R. Freedman For For Management - -------------------------------------------------------------------------------- INSURED MUNICIPAL INCOME FUND, INC. Ticker: PIF Security ID: 45809F104 Meeting Date: AUG 12, 2009 Meeting Type: Proxy Contest Record Date: MAY 15, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee Richard Q. Armstrong For For Management 1.2 Elect Trustee Alan S. Bernikow For For Management 1.3 Elect Trustee Bernard H. Garil For For Management 1.4 Elect Trustee Heather R. Higgins For For Management 2 Approve Investment Advisory Agreement For For Management 3 Approve Change of Fundamental For For Management Investment Policies - Address Recent Market Developments And Make The Fund More Competitive 4 Approve Shareholder Proposal Affording For For Shareholder Shareholders an Opportunity to Realize the Net Asset Value of Their Shares 5 Approve Shareholder Proposal Against Against Shareholder Recommending the Board be Prohibited From Retaining UBS Global Asset Management (Americas) Inc. 1.1 Elect Trustee Andrew Dakos For None Shareholder 1.2 Elect Trustee Phillip Goldstein For None Shareholder 1.3 Elect Trustee Gerald Hellerman For None Shareholder 1.4 Elect Trustee Rajeev Das For None Shareholder 2 Approve Investment Advisory Agreement Against None Management 3 Approve Change of Fundamental For None Management Investment Policies - Address Recent Market Developments And Make The Fund More Competitive 4 Approve Shareholder Proposal Affording For None Shareholder Shareholders an Opportunity to Realize the Net Asset Value of Their Shares 5 Approve Shareholder Proposal For None Shareholder Recommending the Board be Prohibited From Retaining UBS Global Asset Management (Americas) Inc. - -------------------------------------------------------------------------------- INSURED MUNICIPAL INCOME FUND, INC. Ticker: PIF Security ID: 45809F104 Meeting Date: DEC 10, 2009 Meeting Type: Special Record Date: OCT 30, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director James Chadwick For Withhold Management 1.2 Elect Director Ben Hormel Harris For Withhold Management 1.3 Elect Director Charles C. Walden For Withhold Management 2 Approve Investment Advisory Agreement For Against Management 3 Change Fundamental Investment Objective For Against Management to Non-fundamental 4 Approve Elimination of Fundamental For Against Management Investment Policy 5 Ratify Auditors For Against Management - -------------------------------------------------------------------------------- INVESTMENT GRADE MUNICIPAL INCOME FUND INC Ticker: PPM Security ID: 461368102 Meeting Date: FEB 23, 2010 Meeting Type: Special Record Date: DEC 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Plan of Liquidation For For Management - -------------------------------------------------------------------------------- MBIA CAPITAL / CLAYMORE MANAGED DURATION INVESTMENT GRADE MU Ticker: MZF Security ID: 55266X100 Meeting Date: JAN 29, 2010 Meeting Type: Annual Record Date: NOV 27, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Director Kevin Robinson For For Management 2 Any Other Business That May Properly For Against Management Come Before The Meeting. - -------------------------------------------------------------------------------- MORGAN STANLEY TRUSTS Ticker: OIB Security ID: 61745P668 Meeting Date: OCT 23, 2009 Meeting Type: Annual Record Date: AUG 25, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee Kathleen A. Dennis For For Management 1.2 Elect Trustee Joseph J. Kearns For For Management 1.3 Elect Trustee Fergus Reid For For Management - -------------------------------------------------------------------------------- MORGAN STANLEY TRUSTS Ticker: OIB Security ID: 61745P668 Meeting Date: MAY 11, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director David C. Arch For For Management 1.2 Elect Director Bob R. Baker For For Management 1.3 Elect Director Frank S. Bayley For For Management 1.4 Elect Director James T. Bunch For For Management 1.5 Elect Director Bruce L. Crockett For For Management 1.6 Elect Director Rod Dammeyer For For Management 1.7 Elect Director Albert R. Dowden For For Management 1.8 Elect Director Jack M. Fields For For Management 1.9 Elect Director Martin L. Flanagan For Withhold Management 1.10 Elect Director Carl Frischling For For Management 1.11 Elect Director Prema Mathai-Davis For For Management 1.12 Elect Director Lewis F. Pennock For For Management 1.13 Elect Director Larry Soll For For Management 1.14 Elect Director Hugo F. Sonnenschein For For Management 1.15 Elect Director Raymond Stickel, Jr. For For Management 1.16 Elect Director Philip A. Taylor For Withhold Management 1.17 Elect Director Wayne W. Whalen For For Management 2 Approve Investment Advisory Agreement For For Management 3 Approve Subadvisory Agreement For For Management - -------------------------------------------------------------------------------- NUVEEN MICHIGAN PREMIUM INCOME MUNICIPAL FUND, INC. Ticker: NMP Security ID: 67101Q109 Meeting Date: JAN 12, 2010 Meeting Type: Annual Record Date: OCT 2, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director John P. Amboian For For Management 1.2 Elect Director Robert P. Bremner For For Management 1.3 Elect Director Jack B. Evans For For Management 1.4 Elect Director David J. Kundert For For Management 1.5 Elect Director Judith M. Stockdale For For Management 1.6 Elect Director Carole E. Stone For For Management 1.7 Elect Director Terence J. Toth For For Management 2 Approve Elimination of Fundamental For Against Management Investment Policy Relating To Commodities. 3 Approve New Fundamental Investment For Against Management Policy Relating To Commodities. 4 Approve Elimination of Fundamental For For Management Investment Policy Relating To Derivatives And Short Sales. 5 Approve Elimination of Fundamental For For Management Investment Policy Relating To Investing In Other Investment Companies. - -------------------------------------------------------------------------------- NUVEEN PREMIER MUNICIPAL INCOME FUND, INC. Ticker: NPF Security ID: 670988104 Meeting Date: OCT 13, 2009 Meeting Type: Annual Record Date: JUN 8, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Trustee John P. Amboian For For Management 1.2 Elect Trustee Terence J. Toth For For Management 1.3 Elect Trustee Robert P. Bremner For For Management 1.4 Elect Trustee Jack B. Evans For For Management 1.5 Elect Trustee David J. Kundert For For Management 1.6 Elect Trustee Judith M. Stockdale For For Management 1.7 Elect Trustee Carole E. Stone For For Management 2 Approve Elimination of Fundamental For For Management Investment Policy Relating To Investments In Municipal Securities And Below Investment Grade Securities 3 Approve New Fundamental Investment For For Management Policy Relating To Investments In Municipal Securities For The Fund 4 Approve Elimination of Fundamental For For Management Investment Policy Relating To Investing In Other Investment Companies 5 Approve Elimination of Fundamental For For Management Investment Policy Relating To Commodities 6 Approve New Fundamental Investment For For Management Policy Relating To Commodities 7 Approve Elimination of Fundamental For For Management Investment Policy Relating To Derivatives And Short Sales - -------------------------------------------------------------------------------- PUTNAM MUNICIPAL OPPORTUNITIES TRUST Ticker: PMO Security ID: 746922103 Meeting Date: APR 8, 2010 Meeting Type: Proxy Contest Record Date: JAN 11, 2010 # Proposal Mgt Rec Vote Cast Sponsor Management Proxy (White Card) None None 1.1 Elect Director Ravi Akhoury For Did Not Vote Management 1.2 Elect Director Jameson A. Baxter For Did Not Vote Management 1.3 Elect Director Charles B. Curtis For Did Not Vote Management 1.4 Elect Director Robert J. Darretta For Did Not Vote Management 1.5 Elect Director Myra R. Drucker For Did Not Vote Management 1.6 Elect Director Paul L. Joskow For Did Not Vote Management 1.7 Elect Director Elizabeth T. Kennan For Did Not Vote Management 1.8 Elect Director Kenneth R. Leibler For Did Not Vote Management 1.9 Elect Director George Putnam, III For Did Not Vote Management 1.10 Elect Director Robert L. Reynolds For Did Not Vote Management 1.11 Elect Director W. Thomas Stephens For Did Not Vote Management 1.12 Elect Director Richard B. Worley For Did Not Vote Management 2 Convert Closed-End Fund to Open-End Against Did Not Vote Shareholder Fund # Proposal Diss Rec Vote Cast Sponsor Dissident Proxy (Green Card) None None 1.1 Elect Director Walter S. Baer For For Shareholder 1.2 Elect Director Donald Chapman For For Shareholder 1.3 Elect Director Robert Hoyt, PhD For For Shareholder 1.4 Elect Director Jeffrey P. Lessard, PhD For For Shareholder 1.5 Elect Director Brad Orvieto For For Shareholder 1.6 Elect Director Arthur Charles Regan For For Shareholder 2 Convert Closed-End Fund to Open-End For For Shareholder Fund - -------------------------------------------------------------------------------- VAN KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST II Ticker: VKI Security ID: 92112K107 Meeting Date: APR 16, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Investment Advisory Agreement For For Management 2 Approve Subadvisory Agreement For For Management - -------------------------------------------------------------------------------- VAN KAMPEN PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST Ticker: VPV Security ID: 92112T108 Meeting Date: APR 16, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Investment Advisory Agreement For For Management 2 Approve Subadvisory Agreement For For Management - -------------------------------------------------------------------------------- VAN KAMPEN SELECT SECTOR MUNICIPAL TRUST Ticker: VKL Security ID: 92112M103 Meeting Date: APR 16, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Investment Advisory Agreement For For Management 2 Approve Subadvisory Agreement For For Management - -------------------------------------------------------------------------------- VAN KAMPEN TRUST FOR INVESTMENT GRADE MUNICIPALS Ticker: VGM Security ID: 920929106 Meeting Date: APR 16, 2010 Meeting Type: Special Record Date: FEB 18, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Investment Advisory Agreement For For Management 2 Approve Subadvisory Agreement For For Management ========== END NPX REPORT 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 Mutual Funds II, Inc. ------------------------------------------------------------------- By (Signature and Title)* /s/ Paul E. Rasmussen, Vice President ----------------------------------------------------- Date August 25, 2010 --------------------------------------------------------------------------- * Print the name and title of each signing officer under his or her signature.