Sit Minnesota Municipal Bond Fund, LLC
Other Private FundFund ID 805-8609888279Minnesota, United States
Gross assets
$5M
Min. investment
$1M
Beneficial owners
3
Size rank
Top 85%
Audited
Yes
Structure
Standalone
About this fund
Sit Minnesota Municipal Bond Fund, LLC is a other private fund managed by Sit Fixed Income Advisors II, LLC. The fund reports $5 million in gross assets, placing it among the top 85% of private funds by size. The stated minimum investment is $1 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-8609888279 |
| Fund type | Other Private Fund — PRIVATE INVESTMENT FUND WITH REDEMPTION OPPORTUNITIES THAT INVESTS IN PUBLICLY TRADED FIXED INCOME MN MUNICIPAL SECURITIES. |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Sit Bond Portfolio, L.P. | Hedge | $331.6M |
| Sit Targeted Opportunity Fund, LLC | Other Private | $212.8M |
| Sit Total Return Bond Fund, LLC | Other Private | $80.8M |
| Sit Opportunity Bond Fund, LLC | Hedge | $69.3M |
| Sit Custom Alpha Fund, L.P. - Series a | Hedge | $53.3M |
| Sit Custom Alpha Fund, L.P. - Series e | Hedge | $32.5M |
See all 17 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Sit Minnesota Municipal Bond Fund, LLC?
Sit Minnesota Municipal Bond Fund, LLC reports $5 million in gross assets, among the top 85% of private funds by size.
What is the minimum investment for Sit Minnesota Municipal Bond Fund, LLC?
The stated minimum investment is $1 million.
Who manages Sit Minnesota Municipal Bond Fund, LLC?
Sit Minnesota Municipal Bond Fund, LLC is managed by Sit Fixed Income Advisors II, LLC.
Does Sit Minnesota Municipal Bond Fund, LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
S
Minneapolis, MN
Service providers
Reported gross assets
$5M▼ 7%
Mar '25Form ADV, monthlyJul '26
How this fund compares
Gross assetsTop 85%
Larger than 15% of 67,246 private funds
Gross assets vs Other Private FundsTop 87%
Larger than 13% of 8,917 other private funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons88%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.