2018 Tax Information

The following information is for 2018 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 2018 Tax Information Brochure

2018 Capital Gain Distribution Amounts

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$0.165878Short-Term Capital Gain
Mid Cap Growth$1.711126Long-Term Capital Gain
Large Cap Growth$0.017565Short-Term Capital Gain
Large Cap Growth$3.469324Long-Term Capital Gain
Large Cap Growth$0.149716Income
Small Cap Growth$4.353142Long-Term Capital Gain
Developing Markets Growth$0.163572Long-Term Capital Gain
Developing Markets Growth$0.077704Income
International Growth$0.179307Income
Balanced$0.234341Long-Term Capital Gain
Dividend Growth – Class I$0.050602Short-Term Capital Gain
Dividend Growth – Class I$2.717464Long-Term Capital Gain
Dividend Growth – Class I$0.133041Income
Dividend Growth – Class S$0.050602Short-Term Capital Gain
Dividend Growth – Class S$2.717464Long-Term Capital Gain
Dividend Growth – Class S$0.121958Income
Global Dividend Growth – Class I$0.051914Income
Global Dividend Growth – Class S$0.041930Income
Small Cap Dividend Growth – Class I$0.131579Long-Term Capital Gain
Small Cap Dividend Growth – Class I$0.044667Income
Small Cap Dividend Growth – Class S$0.131579Long-Term Capital Gain
Small Cap Dividend Growth – Class S$0.037318Income
ESG Growth – Class I$0.160689Income
ESG Growth – Class S$0.145030Income

Updated as of December 19, 2018

2018 Tax Form Mailing Dates

Estimated mailing dates for tax forms for the 2018 tax year will be as follows:

Completed Federal FormInformationRecipients in Tax Year 2018Date 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.Shareholders that realized capital gains and dividend income in 2018 from investments in the Sit Mutual Funds. All the Sit Mutual Funds realized a capital gain and/or dividend income in 2018.

By 2/15/19

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 2/15/19
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 1/31/19
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 5/31/19

Previous Year’s Tax Information