2017 Tax Information

The following information is for 2017 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.

pdf-icon_64 2017 Tax Information Brochure

2017 Capital Gain Distributions

Mutual funds are required to distribute net realized capital gains and income each year. These distributions were paid this year on December 19th (to shareholders of record on December 18th). This year’s distribution amounts are provided in the table below.

The Sit Fixed-Income Funds pay regular monthly income distributions.  No capital gain distributions were paid for the Fixed-Income Funds.

Sit Mutual FundPer Share AmountType of Distribution
Mid Cap Growth$0.7783785Long-Term Capital Gain
Mid Cap Growth$0.000593Income
Large Cap Growth$0.1369110Short-Term Capital Gain
Large Cap Growth$4.5363200Long-Term Capital Gain
Large Cap Growth$0.1742878Income
Small Cap Growth$3.7176390Long-Term Capital Gain
Developing Markets Growth$0.2487280Long-Term Capital Gain
International Growth$0.1433859Income
Balanced$0.8877240Long-Term Capital Gain
Dividend Growth – Class I$0.3077170Short-Term Capital Gain
Dividend Growth – Class I$1.3714633Long-Term Capital Gain
Dividend Growth – Class I$0.0797571Income
Dividend Growth – Class S$0.3077170Short-Term Capital Gain
Dividend Growth – Class S$1.3714633Long-Term Capital Gain
Dividend Growth – Class S$0.0681378Income
Global Dividend Growth – Class I$0.0567040Income
Global Dividend Growth – Class S$0.0461760Income
Small Cap Dividend Growth – Class I$0.0338178Income
Small Cap Dividend Growth – Class S$0.0261800Income
ESG Growth – Class I$0.1141570Income
ESG Growth – Class S$0.0994800Income

2017 Tax Form Mailing Dates

Estimated mailing dates for tax forms for the 2017 tax year will be as follows:

Completed Federal FormInformationRecipients in Tax Year 2017Date Mailed to Shareholders
1099-DIVReports ordinary and qualified dividends and short and long-term capital gain distributions for taxable accounts. Tax-exempt income is also reported.Non-IRA shareholders that realized capital gains and dividend income in 2017 from investments in the Sit Mutual Funds. All the Sit Mutual Funds realized a capital gain and/or dividend income in 2017.By 2/15/18
1099-BReports exchange and redemption activity in non-IRA Accounts.Shareholders who made transactions in any Sit Mutual Fund. IRA and retirement plan account activity is not included.By 2/15/18
1099-RReports withdrawals from retirement plan accounts and IRAs, including distributions, direct rollovers, conversions, recharacterizations and excess contributions. Also includes federal and state tax withholding, if any.Shareholders who made account transactions, as described in box to the immediate left, in their IRA and retirement plan accounts.By 1/31/18
5498Reports annual, rollover and conversion contributions and recharacterizations for Traditional, Roth, SEP and SIMPLE IRA accounts. Also includes the December 31 fair market value.Shareholders who made account transactions, as described in box to the immediate left, in their IRA account.By 5/31/18

Previous Year’s Tax Information