Investment adviser · CRD 108271

SIT FIXED INCOME ADVISORS II, LLC

Investment adviser filing (IA)

MINNEAPOLIS, MN, United States · Form ADV filed Jun 22, 2026

Regulatory AUM: $15B
Client accounts: 158
Employees: 73
Advisory professionals: 35

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Insurance companies	23	$4,802,450,380	32.1%
Charities	31	$4,236,855,608	28.3%
Government entities	6	$1,865,664,345	12.5%
Retirement plans	8	$1,604,511,527	10.7%
Pooled investment vehicles	24	$1,401,608,691	9.4%
Investment companies	1	$587,720,558	3.9%
High-net-worth individuals	15	$248,378,377	1.7%
Corporations & businesses	7	$223,179,564	1.5%
Individuals	Fewer than 5	$0	0.0%
Banks & thrifts	Fewer than 5	$0	0.0%
Other investment advisers	Fewer than 5	$0	0.0%
Sovereign wealth & foreign institutions	Fewer than 5	$0	0.0%

Filing source

Form ADV 2114777 · Jun 22, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

23 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

SIT BOND PORTFOLIO, L.P.Hedge Fund · Last reported Jun 22, 2026$332MGross asset value

Form D fundraising filings

Sit Bond Portfolio, L.P.

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, United States Related to adviser: No

Prime broker STONEX FINANCIAL INC. WINTER PARK, Florida, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

KPMG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

STONEX FINANCIAL INC.
CRD 45993 · SEC 8-51269

Fund details & source

Fund ID: 805-9368077459
Reported beneficial owners: 13
Minimum commitment: $1M
Form D file number: 021-169609

Form ADV 2114777 · Jun 22, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SIT TARGETED OPPORTUNITY FUND, LLCOther Private Fund · Last reported Jun 22, 2026$213MGross asset value

Form D fundraising filings

Sit Targeted Opportunity Fund, LLC

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

KPMG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-6482167390
Reported beneficial owners: 51
Minimum commitment: $1M
Form D file number: 021-191557

Form ADV 2114777 · Jun 22, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SIT TOTAL RETURN BOND FUND, LLCOther Private Fund · Last reported Jun 22, 2026$80.8MGross asset value

Form D fundraising filings

Sit Total Return Bond Fund, LLC

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

KPMG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-6180456969
Reported beneficial owners: 20
Minimum commitment: $1M
Form D file number: 021-241976

Form ADV 2114777 · Jun 22, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SIT OPPORTUNITY BOND FUND, LLCHedge Fund · Last reported Jun 22, 2026$69.3MGross asset value

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

KPMG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

Fund details & source

Fund ID: 805-8960208259
Reported beneficial owners: 25
Minimum commitment: $1M
Form D file number: 021-9999999999

Form ADV 2114777 · Jun 22, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SIT CUSTOM ALPHA FUND, L.P. - SERIES AHedge Fund · Last reported Jun 22, 2026$53.3MGross asset value

Form D fundraising filings

Sit Custom Alpha Fund, L.P.

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, United States Related to adviser: No

Prime broker STONEX FINANCIAL INC. WINTER PARK, Florida, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

KPMG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

STONEX FINANCIAL INC.
CRD 45993 · SEC 8-51269

Fund details & source

Fund ID: 805-7129740805
Reported beneficial owners: 33
Minimum commitment: $1M
Form D file number: 021-169567

Form ADV 2114777 · Jun 22, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SIT CUSTOM ALPHA FUND, L.P. - SERIES EHedge Fund · Last reported Jun 22, 2026$32.5MGross asset value

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, United States Related to adviser: No

Prime broker STONEX FINANCIAL INC. WINTER PARK, Florida, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

KPMG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

STONEX FINANCIAL INC.
CRD 45993 · SEC 8-51269

Fund details & source

Fund ID: 805-9748423239
Reported beneficial owners: 2
Minimum commitment: $1M
Form D file number: 021-169567

Form ADV 2114777 · Jun 22, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SIT ALPHA III BOND FUND, LTD.Hedge Fund · Last reported Jun 22, 2026$31.9MGross asset value

Form D fundraising filings

Sit Alpha III Bond Fund, Ltd.

Auditor KPMG LLP MINNEAPOLIS, Minnesota, United States

Custodian PRINCIPAL FINANCIAL GROUP DES MOINES, Iowa, United States Related to adviser: No

Prime broker STONEX FINANCIAL INC. WINTER PARK, Florida, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

KPMG LLP
PCAOB 185

PRINCIPAL FINANCIAL GROUP
LEI 549300GJUS3RD4RG4D56

STONEX FINANCIAL INC.
CRD 45993 · SEC 8-51269

Fund details & source

Fund ID: 805-8571131232
Reported beneficial owners: 3
Minimum commitment: $1M
Form D file number: 021-169603

Form ADV 2114777 · Jun 22, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jun 22, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

3300 IDS CENTER, 80 SOUTH 8TH STREET
MINNEAPOLIS, MN, 55402, United States

CRD 108271

Filing source

Form ADV 2114777 · Jun 22, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.