SIT MUTUAL FUNDS II INC
NSAR-A/A, 1997-11-25
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<PAGE>      PAGE  1
000 A000000 09/30/97
000 C000000 0000746601
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 SIT MUTUTAL FUNDS II, INC.
001 B000000 811-04033
001 C000000 6123323223
002 A000000 4600 NORWEST CENTER 90 SOUTH SEVENTH ST
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55402
002 D020000 4130
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 SIT TAX-FREE INCOME FUND, SERIES A
007 C030100 N
007 C010200  2
007 C020200 SIT MINNESOTA TAX-FREE INCOME FUND, SERIES B
007 C030200 N
007 C010300  3
007 C020300 SIT BOND FUND, SERIES C
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 SIT INVESTMENT ASSOCIATES, INC.
008 B00AA01 A
008 C00AA01 801-16350
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55402
008 D04AA01 4130
011 A00AA01 SIA SECURITIES CORP.
011 B00AA01 8-46668
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55402
<PAGE>      PAGE  2
011 C04AA01 4130
012 A00AA01 FIRST DATA INVESTOR SERVICES GROUP
012 B00AA01 84-1760
012 C01AA01 PROVIDENCE
012 C02AA01 RI
012 C03AA01 02903
012 C04AA01 1135
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
013 B04AA01 3900
014 A00AA01 SIA SECURITIES CORP.
014 B00AA01 8-46668
015 A00AA01 THE NORTHERN TRUST COMPANY
015 B00AA01 C
015 C01AA01 CHICAGO
015 C02AA01 IL
015 C03AA01 60675
015 C04AA01 0000
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   11
019 C00AA00 SIT NBGING
020 A000001 CAPITAL INSTITUTION SERVICES
020 B000001 75-1565705
020 C000001     37
020 A000002 CROSBY FIRST BOSTON
020 B000002 13-5659485
020 C000002      5
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       42
022 A000001 DREYFUS TAX-EXEMPT CASH MANAGEMENT FUND
022 B000001 13-3281887
022 C000001     64486
022 D000001     63422
022 A000002 FEDERATED MINNESOTA MUNICIPAL FUND
022 B000002 41-0451159
022 C000002     38716
022 D000002     39617
022 A000003 GOLDMAN SACHS
022 B000003 95-6287525
022 C000003     38961
<PAGE>      PAGE  3
022 D000003         0
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022 B000004 41-0953246
022 C000004     23855
022 D000004      5208
022 A000005 PRUDENTIAL BACHE
022 B000005 22-2347336
022 C000005      1000
022 D000005     11340
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022 B000006 39-0727640
022 C000006     10511
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022 B000007 91-1172183
022 C000007      5480
022 D000007      4132
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022 C000008      3470
022 D000008      2652
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022 B000009 14-1391446
022 C000009      1158
022 D000009      4738
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022 B000010 41-0901191
022 C000010      5218
022 D000010         0
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023 D000000     221704
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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048 I020200 0.000
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051  000200 N
052  000200 N
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059  000200 Y
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<PAGE>      PAGE  11
063 B000200 18.9
064 A000200 Y
064 B000200 N
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067  000200 N
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070 I020200 N
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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SIGNATURE   PAUL E. RASMUSSEN                            
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000746601
<NAME> SIT TAX FREE INCOME FUND 
<SERIES>
   <NUMBER> 1
   <NAME> SIT TAX FREE INC FUND 
       
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<AVERAGE-NET-ASSETS>                       376,902,342
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<EXPENSE-RATIO>                                    .77
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000746601
<NAME> SIT MINNESOTA TAX FREE INCOME FUND 
<SERIES>
   <NUMBER> 2
   <NAME> MINNESOTA TAX FREE INCOME FUND 
       
<S>                             <C>
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<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               SEP-30-1997
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<INVESTMENTS-AT-VALUE>                     114,538,492
<RECEIVABLES>                                3,283,565
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<PAID-IN-CAPITAL-COMMON>                   113,007,039
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<NET-CHANGE-FROM-OPS>                        5,059,253
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,847,221
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<EXPENSE-RATIO>                                    .80
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000746601
<NAME> SIT BOND FUND 
<SERIES>
   <NUMBER> 3
   <NAME> SIT BOND FUND 
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               SEP-30-1997
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<INVESTMENTS-AT-VALUE>                       7,073,930
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<TOTAL-LIABILITIES>                             11,012
<SENIOR-EQUITY>                                    712
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<SHARES-COMMON-STOCK>                          711,766
<SHARES-COMMON-PRIOR>                          665,705
<ACCUMULATED-NII-CURRENT>                            0
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<PER-SHARE-NAV-BEGIN>                             9.62
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<EXPENSE-RATIO>                                    .80
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</TABLE>


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