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
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              (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)       (ZIP CODE)

                             Kelly K. Boston, Esq.
--------------------------------------------------------------------------------

            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, 2011
                        ---------------------------------
Date of reporting period: July 1, 2010 - June 30, 2011
                         --------------------------------








******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-04033
Reporting Period: 07/01/2010 - 06/30/2011
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: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Kathleen F. Feldstein    For       For          Management
1.3   Elect Director Henry Gabbay             For       For          Management
1.4   Elect Director Jerrold B. Harris        For       For          Management


--------------------------------------------------------------------------------

BLACKROCK MUNIHOLDINGS INSURED INVESTMENT FUND, INC.

Ticker:       MFL            Security ID:  09254P108
Meeting Date: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Richard S. Davis         For       For          Management
1.3   Elect Director Kathleen F. Feldstein    For       For          Management
1.4   Elect Director James T. Flynn           For       For          Management
1.5   Elect Director Henry Gabbay             For       For          Management
1.6   Elect Director Jerrold B. Harris        For       For          Management
1.7   Elect Director R. Glenn Hubbard         For       For          Management
1.8   Elect Director Karen P. Robards         For       For          Management


--------------------------------------------------------------------------------

DWS MUNICIPAL INCOME TRUST

Ticker:       KTF            Security ID:  23338M106
Meeting Date: JUN 03, 2011   Meeting Type: Annual
Record Date:  APR 08, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director John W. Ballantine       For       For          Management
1.2   Elect Director Kenneth C. Froewiss      For       For          Management
1.3   Elect Director Rebecca W. Rimel         For       For          Management


--------------------------------------------------------------------------------

ILLINOIS FIN AUTH REV

Ticker:                      Security ID:  45200B7H5
Meeting Date: NOV 08, 2010   Meeting Type: Written Consent
Record Date:  SEP 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     The Plan                                None      For          Management


--------------------------------------------------------------------------------

INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST

Ticker:       OIA            Security ID:  46132X101
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  JUN 07, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Albert R. Dowden         For       For          Management
1.2   Elect Director Prema Mathai-Davis       For       For          Management
1.3   Elect Director Lewis F. Pennock         For       For          Management
1.4   Elect Director Hugo F. Sonnenschein     For       For          Management
1.5   Elect Director Raymond Stickel, Jr.     For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST II

Ticker:       VKI            Security ID:  92112K107
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Rod Dammeyer             For       For          Management
1.2   Elect Director Wayne W. Whalen          For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST II

Ticker:       VKI            Security ID:  46132E103
Meeting Date: JUN 17, 2011   Meeting Type: Annual
Record Date:  MAY 05, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Trustee R. Craig Kennedy          For       For          Management
1.2   Elect Trustee Jack E. Nelson            For       For          Management
1.3   Elect  Trustee Colin D. Meadows         For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN TRUST FOR INVESTMENT GRADE MUNICIPALS

Ticker:       VGM            Security ID:  920929106
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director R. Craig Kennedy         For       For          Management
1.2   Elect Director Jack E. Nelson           For       For          Management
1.3   Elect Director Colin D. Meadows         For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN TRUST FOR INVESTMENT GRADE MUNICIPALS

Ticker:       VGM            Security ID:  46131M106
Meeting Date: JUN 17, 2011   Meeting Type: Annual
Record Date:  MAY 05, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director David C. Arch            For       For          Management
1.2   Elect Director Howard J Kerr            For       For          Management
1.3   Elect Director Jerry D. Choate          For       For          Management
1.4   Elect Director Suzanne H. Woolsey,      For       For          Management
      Ph.D.


--------------------------------------------------------------------------------

MFS HIGH INCOME MUNICIPAL TRUST

Ticker:       CXE            Security ID:  59318D104
Meeting Date: OCT 07, 2010   Meeting Type: Annual
Record Date:  AUG 05, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Maureen R. Goldfarb      For       For          Management
1.2   Elect Director Robert J. Manning        For       For          Management


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PIMCO CALIFORNIA MUNICIPAL INCOME FUND II

Ticker:       PCK            Security ID:  72200M108
Meeting Date: DEC 14, 2010   Meeting Type: Annual
Record Date:  NOV 01, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Trustee Paul Belica (Class II)    For       For          Management
1.2   Elect Trustee Alan Rappaport (Class I)  For       For          Management




================ SIT MINNESOTA TAX-FREE INCOME FUND (SERIES B) =================


DELAWARE INVESTMENTS MINNESOTA MUNICIPAL INCOME FUND II, INC.

Ticker:       VMM            Security ID:  24610V103
Meeting Date: AUG 18, 2010   Meeting Type: Annual
Record Date:  JUN 21, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Thomas L. Bennett        For       For          Management
1.2   Elect Director Patrick P. Coyne         For       For          Management
1.3   Elect Director John A. Fry              For       For          Management
1.4   Elect Director Anthony D. Knerr         For       For          Management
1.5   Elect Director Lucinda S. Landreth      For       For          Management
1.6   Elect Director Ann R. Leven             For       For          Management
1.7   Elect Director Thomas F. Madison        For       For          Management
1.8   Elect Director Janet L. Yeomans         For       For          Management
1.9   Elect Director J. Richard Zecher        For       For          Management


--------------------------------------------------------------------------------

FIRST AMERICAN MINNESOTA MUNICIPAL INCOME FUND II, INC.

Ticker:       MXN            Security ID:  31849P104
Meeting Date: DEC 17, 2010   Meeting Type: Annual
Record Date:  OCT 27, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Victoria J. Herget       For       For          Management
1.2   Elect Director John P. Kayser           For       For          Management
1.3   Elect Director Richard K. Riederer      For       For          Management
1.4   Elect Director Joseph D. Strauss        For       For          Management
1.5   Elect Director Virginia L. Stringer     For       For          Management
1.6   Elect Director James M. Wade            For       For          Management
2     Amend Investment Advisory Agreement     For       For          Management
3     Approve Subadvisory Agreement           For       For          Management
4     Ratify Auditors                         For       For          Management


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MINNESOTA MUNICIPAL INCOME PORTFOLIO, INC.

Ticker:       MXA            Security ID:  604062109
Meeting Date: DEC 17, 2010   Meeting Type: Annual
Record Date:  OCT 27, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Victoria J. Herget       For       For          Management
1.2   Elect Director John P. Kayser           For       For          Management
1.3   Elect Director Richard K. Riederer      For       For          Management
1.4   Elect Director Joseph D. Strauss        For       For          Management
1.5   Elect Director Virginia L. Stringer     For       For          Management
1.6   Elect Director James M. Wade            For       For          Management
2     Amend Investment Advisory Agreement     For       For          Management
3     Approve Subadvisory Agreement           For       For          Management
4     Ratify Auditors                         For       For          Management


--------------------------------------------------------------------------------

OTTER TAIL CORPORATION

Ticker:       OTTR           Security ID:  689642AA4
Meeting Date: AUG 16, 2010   Meeting Type: Written Consent
Record Date:  JUN 17, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     The Plan                                None      For          Management




===================== SIT TAX-FREE INCOME FUND (SERIES A) ======================


BLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST

Ticker:       BTA            Security ID:  09250B103
Meeting Date: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Kathleen F. Feldstein    For       For          Management
1.3   Elect Director Henry Gabbay             For       For          Management
1.4   Elect Director Jerrold B. Harris        For       For          Management


--------------------------------------------------------------------------------

BLACKROCK MUNIHOLDINGS INSURED INVESTMENT FUND, INC.

Ticker:       MFL            Security ID:  09254P108
Meeting Date: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Richard S. Davis         For       For          Management
1.3   Elect Director Kathleen F. Feldstein    For       For          Management
1.4   Elect Director James T. Flynn           For       For          Management
1.5   Elect Director Henry Gabbay             For       For          Management
1.6   Elect Director Jerrold B. Harris        For       For          Management
1.7   Elect Director R. Glenn Hubbard         For       For          Management
1.8   Elect Director Karen P. Robards         For       For          Management


--------------------------------------------------------------------------------

BLACKROCK MUNIYIELD INSURED FUND, INC.

Ticker:       MYI            Security ID:  09254E103
Meeting Date: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Richard S. Davis         For       For          Management
1.3   Elect Director Kathleen F. Feldstein    For       For          Management
1.4   Elect Director James T. Flynn           For       For          Management
1.5   Elect Director Henry Gabbay             For       For          Management
1.6   Elect Director Jerrold B. Harris        For       For          Management
1.7   Elect Director R. Glenn Hubbard         For       For          Management
1.8   Elect Director Karen P. Robards         For       For          Management


--------------------------------------------------------------------------------

BLACKROCK MUNIYIELD INVESTMENT FUND

Ticker:       MYF            Security ID:  09254R104
Meeting Date: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Richard S. Davis         For       For          Management
1.3   Elect Director Kathleen F. Feldstein    For       For          Management
1.4   Elect Director James T. Flynn           For       For          Management
1.5   Elect Director Henry Gabbay             For       For          Management
1.6   Elect Director Jerrold B. Harris        For       For          Management
1.7   Elect Director R. Glenn Hubbard         For       For          Management
1.8   Elect Director Karen P. Robards         For       For          Management


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BLACKROCK MUNIYIELD MICHIGAN INSURED FUND II, INC.

Ticker:       MYM            Security ID:  09254W103
Meeting Date: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Richard S. Davis         For       For          Management
1.3   Elect Director Kathleen F. Feldstein    For       For          Management
1.4   Elect Director James T. Flynn           For       For          Management
1.5   Elect Director Henry Gabbay             For       For          Management
1.6   Elect Director Jerrold B. Harris        For       For          Management
1.7   Elect Director R. Glenn Hubbard         For       For          Management
1.8   Elect Director Karen P. Robards         For       For          Management


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BLACKROCK MUNIYIELD MICHIGAN INSURED FUND, INC.

Ticker:       MIY            Security ID:  09254V105
Meeting Date: SEP 02, 2010   Meeting Type: Annual
Record Date:  JUL 06, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Richard E. Cavanagh      For       For          Management
1.2   Elect Director Richard S. Davis         For       For          Management
1.3   Elect Director Kathleen F. Feldstein    For       For          Management
1.4   Elect Director James T. Flynn           For       For          Management
1.5   Elect Director Henry Gabbay             For       For          Management
1.6   Elect Director Jerrold B. Harris        For       For          Management
1.7   Elect Director R. Glenn Hubbard         For       For          Management
1.8   Elect Director Karen P. Robards         For       For          Management


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DWS MUNICIPAL INCOME TRUST

Ticker:       KTF            Security ID:  23338M106
Meeting Date: JUN 03, 2011   Meeting Type: Annual
Record Date:  APR 08, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director John W. Ballantine       For       For          Management
1.2   Elect Director Kenneth C. Froewiss      For       For          Management
1.3   Elect Director Rebecca W. Rimel         For       For          Management


--------------------------------------------------------------------------------

EATON VANCE MUNICIPAL INCOME TRUST

Ticker:       EVN            Security ID:  27826U108
Meeting Date: MAR 25, 2011   Meeting Type: Annual
Record Date:  JAN 12, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director William H. Park          For       For          Management
1.2   Elect Director Helen Frame Peters       For       For          Management


--------------------------------------------------------------------------------

HARRIS CNTY-HOUSTON TEX SPORTS AUTH SPL REV

Ticker:                      Security ID:  413893AH1
Meeting Date: APR 25, 2011   Meeting Type: Written Consent
Record Date:  MAR 17, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Consent To The Execution Of The         None      For          Management
      Twenty-fourth Supplemental Indenture Of
      Trust Between The Issuer And The
      Indenture Trustee.


--------------------------------------------------------------------------------

ILLINOIS FIN AUTH REV

Ticker:                      Security ID:  45200B7H5
Meeting Date: NOV 08, 2010   Meeting Type: Written Consent
Record Date:  SEP 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     The Plan                                None      For          Management


--------------------------------------------------------------------------------

INVESCO QUALITY MUNICIPAL INVESTMENT TRUST

Ticker:       IQT            Security ID:  46133H105
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  JUN 07, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Albert R. Dowden         For       For          Management
1.2   Elect Director Lewis F. Pennock         For       For          Management
1.3   Elect Director Hugo F. Sonnenschein     For       For          Management
1.4   Elect Director Raymond Stickel, Jr.     For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST II

Ticker:       VKI            Security ID:  92112K107
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Rod Dammeyer             For       For          Management
1.2   Elect Director Wayne W. Whalen          For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST II

Ticker:       VKI            Security ID:  46132E103
Meeting Date: JUN 17, 2011   Meeting Type: Annual
Record Date:  MAY 05, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Trustee R. Craig Kennedy          For       For          Management
1.2   Elect Trustee Jack E. Nelson            For       For          Management
1.3   Elect  Trustee Colin D. Meadows         For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST

Ticker:       VPV            Security ID:  92112T108
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Rod Dammeyer             For       For          Management
1.2   Elect Director Wayne W. Whalen          For       For          Management


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INVESCO VAN KAMPEN PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST

Ticker:       VPV            Security ID:  46132K109
Meeting Date: JUN 17, 2011   Meeting Type: Annual
Record Date:  MAY 05, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Trustee R. Craig Kennedy          For       For          Management
1.2   Elect Trustee Jack E. Nelson            For       For          Management
1.3   Elect  Trustee Colin D. Meadows         For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN SELECT SECTOR MUNICIPAL TRUST

Ticker:       VKL            Security ID:  92112M103
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director David C. Arch            For       For          Management
1.2   Elect Director Jerry D. Choate          For       For          Management
1.3   Elect Director Howard J Kerr            For       For          Management
1.4   Elect Director Suzanne Woolsey          For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN SELECT SECTOR MUNICIPAL TRUST

Ticker:       VKL            Security ID:  46132G108
Meeting Date: JUN 17, 2011   Meeting Type: Annual
Record Date:  MAY 05, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Trustee Wayne W. Whalen           For       For          Management
1.2   Elect Trustee Rod Dammeyer              For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN TRUST FOR INVESTMENT GRADE MUNICIPALS

Ticker:       VGM            Security ID:  920929106
Meeting Date: JUL 16, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director R. Craig Kennedy         For       For          Management
1.2   Elect Director Jack E. Nelson           For       For          Management
1.3   Elect Director Colin D. Meadows         For       For          Management


--------------------------------------------------------------------------------

INVESCO VAN KAMPEN TRUST FOR INVESTMENT GRADE MUNICIPALS

Ticker:       VGM            Security ID:  46131M106
Meeting Date: JUN 17, 2011   Meeting Type: Annual
Record Date:  MAY 05, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director David C. Arch            For       For          Management
1.2   Elect Director Howard J Kerr            For       For          Management
1.3   Elect Director Jerry D. Choate          For       For          Management
1.4   Elect Director Suzanne H. Woolsey,      For       For          Management
      Ph.D.


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MANAGED DURATION INVESTMENT GRADE MUNICIPAL FUND

Ticker:       MZF            Security ID:  56165R103
Meeting Date: OCT 18, 2010   Meeting Type: Annual
Record Date:  AUG 19, 2010

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Trustee Randall C. Barnes         For       For          Management
1.2   Elect Trustee Clifford D. Corso         For       For          Management
2     Any other business that may properly    For       Against      Management
      come before the meeting.


--------------------------------------------------------------------------------

NUVEEN MICHIGAN PREMIUM INCOME MUNICIPAL FUND, INC.

Ticker:       NMP            Security ID:  67101Q109
Meeting Date: NOV 16, 2010   Meeting Type: Annual
Record Date:  SEP 17, 2010

#     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


--------------------------------------------------------------------------------

NUVEEN PREMIER MUNICIPAL INCOME FUND, INC.

Ticker:       NPF            Security ID:  670988104
Meeting Date: JUL 27, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     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


--------------------------------------------------------------------------------

NUVEEN PREMIUM INCOME MUNICIPAL FUND 2, INC.

Ticker:       NPM            Security ID:  67063W102
Meeting Date: JUL 27, 2010   Meeting Type: Annual
Record Date:  MAY 28, 2010

#     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


--------------------------------------------------------------------------------

PUTNAM MUNICIPAL OPPORTUNITIES TRUST

Ticker:       PMO            Security ID:  746922103
Meeting Date: MAY 25, 2011   Meeting Type: Proxy Contest
Record Date:  FEB 28, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
      Management Proxy (White Card)           None
1     Fix Number of Directors                 For       For          Management
2.1   Elect Director Ravi Akhoury             For       For          Management
2.2   Elect Director Barbara M. Baumann       For       For          Management
2.3   Elect Director Jameson A. Baxter        For       For          Management
2.4   Elect Director Charles B. Curtis        For       For          Management
2.5   Elect Director Robert J. Darretta       For       For          Management
2.6   Elect Director John A. Hill             For       For          Management
2.7   Elect Director Paul L. Joskow           For       For          Management
2.8   Elect Director Kenneth R. Leibler       For       For          Management
2.9   Elect Director Robert E. Patterson      For       For          Management
2.10  Elect Director George Putnam, III       For       For          Management
2.11  Elect Director Robert L. Reynolds       For       For          Management
2.12  Elect Director W. Thomas Stephens       For       For          Management
3     Terminate Investment Management         Against   Against      Shareholder
      Agreement
4     Redeem Auction Rate Preferred Shares    Against   Against      Shareholder

#     Proposal                                Diss Rec  Vote Cast    Sponsor
      Dissident Proxy (Green Card)            None
1     Fix Number of Directors                 For       Did Not Vote Management
2.1   Elect Director Donald Chapman           For       Did Not Vote Shareholder
2.2   Elect Director Jeffrey P. Lessard       For       Did Not Vote Shareholder
2.3   Elect Director Brad Orvieto             For       Did Not Vote Shareholder
2.4   Elect Director Charles Regan            For       Did Not Vote Shareholder
2.5   Elect Director Douglas Skinner          For       Did Not Vote Shareholder
2.6   Elect Director Glen T. Insley           For       Did Not Vote Shareholder
2.7   Elect Director Thomas M. McDonald       For       Did Not Vote Shareholder
2.8   Elect Director Dwight A. Pike           For       Did Not Vote Shareholder
2.9   Elect Director G. William Schwert       For       Did Not Vote Shareholder
2.10  Elect Director Gerard J. Wenzke         For       Did Not Vote Shareholder
2.11  Elect Director Richard W. Cohen         For       Did Not Vote Shareholder
2.12  Elect Director Phillip Goldstein        For       Did Not Vote Shareholder
3     Terminate Investment Management         For       Did Not Vote Shareholder
      Agreement
4     Redeem Auction Rate Preferred Shares    For       Did Not Vote Shareholder

========== 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 26, 2011
     ---------------------------------------------------------------------------

* Print the name and title of each signing officer under his or her signature.