SQIYX

About SQIYX

Sit Quality Income Fund Class Y is an open‑end mutual fund focused on high‑quality, short‑duration fixed income. Its primary objective is to deliver high current income while emphasizing safety of principal by allocating at least half of assets to U.S. government securities, complemented by investment‑grade corporate, municipal, mortgage, and other asset‑backed securities. The portfolio targets a dollar‑weighted average quality of A or better, reflecting a disciplined credit approach. With an intermediate average maturity and a shorter duration to estimated average life, the strategy seeks to moderate interest‑rate sensitivity without sacrificing income generation. The fund serves institutions and sophisticated investors through its Y share class, which features a lower net expense ratio supported by a contractual management fee waiver through March 2026. Managed by Sit Investment Associates, an employee‑owned firm founded in 1981, the fund plays a role as a core high‑quality bond holding for investors seeking diversified exposure to government and investment‑grade sectors, aiming to balance income, liquidity, and risk across market cycles.