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, Esq.
--------------------------------------------------------------------------------

            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, 2012
                        -----------------------------------

Date of reporting period: July 1, 2011 - June 30, 2012
                         ----------------------------------





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

ICA File Number: 811-04033
Reporting Period: 07/01/2011 - 06/30/2012
Sit Mutual Funds II, Inc.









================ Sit High Income Municipal Bond Fund (Series D) ================


BLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST

Ticker:                      Security ID:  09250B103
Meeting Date: JUL 28, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Paul L. Audet            For       For          Management
1.2   Elect Director Michael J. Castellano    For       For          Management
1.3   Elect Director R. Glenn Hubbard         For       For          Management
1.4   Elect Director W. Carl Kester           For       For          Management




================ Sit Minnesota Tax-Free Income Fund (Series B) =================


FIRST AMERICAN MINNESOTA MUNICIPAL INCOME FUND II, INC.

Ticker:       MXN            Security ID:  31849P104
Meeting Date: DEC 06, 2011   Meeting Type: Annual
Record Date:  OCT 24, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director John P. Kayser           For       For          Management
1.2   Elect Director Richard K. Riederer      For       For          Management
1.3   Elect Director Joseph D. Strauss        For       For          Management
1.4   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 06, 2011   Meeting Type: Annual
Record Date:  OCT 24, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Director John P. Kayser                 For       For          Management
1.2   Director Richard K. Riederer            For       For          Management
1.3   Director Joseph D. Strauss              For       For          Management
1.4   Director James M. Wade                  For       For          Management
2     Ratify Auditors                         For       For          Management




===================== Sit Tax-Free Income Fund (Series A) ======================


ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC.

Ticker:       AFB            Security ID:  01864U106
Meeting Date: MAR 29, 2012   Meeting Type: Annual
Record Date:  FEB 14, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Garry L. Moody           For       For          Management
1.2   Elect Director Marshall C. Turner       For       For          Management
1.3   Elect Director Earl D. Weiner           For       For          Management


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

BLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST

Ticker:                      Security ID:  09250B103
Meeting Date: JUL 28, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Director Paul L. Audet            For       For          Management
1.2   Elect Director Michael J. Castellano    For       For          Management
1.3   Elect Director R. Glenn Hubbard         For       For          Management
1.4   Elect Director W. Carl Kester           For       For          Management


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

BLACKROCK MUNIHOLDINGS INSURED INVESTMENT FUND, INC.

Ticker:       MFL            Security ID:  09254P108
Meeting Date: JUL 28, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

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


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

BLACKROCK MUNIYIELD INVESTMENT FUND

Ticker:       MYF            Security ID:  09254R104
Meeting Date: JUL 28, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

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


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

BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND II, INC.

Ticker:       MYM            Security ID:  09254W103
Meeting Date: JUL 28, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

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


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

BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND, INC.

Ticker:       MIY            Security ID:  09254V105
Meeting Date: JUL 28, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

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


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

BLACKROCK MUNIYIELD QUALITY FUND, INC.

Ticker:       MYI            Security ID:  09254E103
Meeting Date: JUL 28, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

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


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

EATON VANCE MUNICIPAL INCOME TRUST

Ticker:       EVN            Security ID:  27826U108
Meeting Date: MAR 23, 2012   Meeting Type: Annual
Record Date:  JAN 12, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Director Ronald A. Pearlman             For       For          Management
1.2   Director Lynn A. Stout                  For       For          Management
1.3   Director Scott E. Eston                 For       For          Management
1.4   Director Harriett Tee Taggart           For       For          Management


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

INVESCO QUALITY MUNICIPAL INVESTMENT TRUST

Ticker:       IQT            Security ID:  46133H105
Meeting Date: AUG 04, 2011   Meeting Type: Annual
Record Date:  MAY 18, 2011

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1.1   Elect Trustee David C. Arch             For       For          Management
1.2   Elect Trustee Bob R. Baker              For       For          Management
1.3   Elect Trustee Larry Soll                For       For          Management
1.4   Elect Trustee Philip A. Taylor          For       For          Management
1.5   Elect Trustee Wayne W. Whalen           For       For          Management


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

NUVEEN MICHIGAN PREMIUM INCOME MUNICIPAL FUND, INC.

Ticker:       NMP            Security ID:  67101Q109
Meeting Date: DEC 16, 2011   Meeting Type: Annual
Record Date:  SEP 19, 2011

#     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 Virginia L. Stringer     For       For          Management
1.8   Elect Director Terence J. Toth          For       For          Management
2     Approve Elimination of Fundamental      For       For          Management
      Investment Policy Relating to the
      Fund's Ability to Make Loans
3     Approve New Fundamental Investment      For       For          Management
      Policy Relating to the Fund's Ability
      to Make Loans


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

NUVEEN PREMIER MUNICIPAL INCOME FUND, INC.

Ticker:       NPF            Security ID:  670988104
Meeting Date: AUG 31, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

#     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 Virginia L. Stringer     For       For          Management
1.8   Elect Director Terence J. Toth          For       For          Management
2     Approve Elimination of Fundamental      For       For          Management
      Investment Policy Relating To The
      Fund's Ability To Make Loans
3     Approve New Fundamental Investment      For       For          Management
      Policy Relating To The Fund's Ability
      To Make Loans


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

NUVEEN PREMIUM INCOME MUNICIPAL FUND 2, INC.

Ticker:       NPM            Security ID:  67063W102
Meeting Date: AUG 31, 2011   Meeting Type: Annual
Record Date:  MAY 31, 2011

#     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 Virginia L. Stringer     For       For          Management
1.8   Elect Director Terence J. Toth          For       For          Management
2     Approve Elimination of Fundamental      For       For          Management
      Investment Policy Relating To The
      Fund's Ability To Make Loans
3     Approve New Fundamental Investment      For       For          Management
      Policy Relating To The Fund's Ability
      To Make Loans


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

PUTNAM MUNICIPAL OPPORTUNITIES TRUST

Ticker:       PMO            Security ID:  746922103
Meeting Date: APR 30, 2012   Meeting Type: Annual
Record Date:  MAR 12, 2012

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
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 Paul L. Joskow           For       For          Management
2.7   Elect Director Elizabeth T. Kennan      For       For          Management
2.8   Elect Director Kenneth R. Leibler       For       For          Management
2.9   Elect Director George Putnam, III       For       For          Management
2.10  Elect Director Robert L. Reynolds       For       For          Management
2.11  Elect Director W. Thomas Stephens       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 29, 2012
    ----------------------------------------------------------------------------

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