SITEX Fees and Costs — SIT Emerging Markets Debt Fund, Class F
Data updated: 2026-08-28
The net expense ratio is 1.33%: a 0.60% management fee plus 0.73% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 149%.
SITEX Fees and Expenses
Annual operating expenses and sales charges of SITEX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.73% |
| Gross expense ratio | 1.33% |
| Fee waiver | — |
| Net expense ratio | 1.33% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SITEX Costs Over Time
On $10,000 invested in SITEX, assuming 5% a year before costs, total costs come to $827 over 5 years, cutting the return by 1.40% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.33%) | $140 | $434 | $750 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $22 | $76 |
| Total costs | $140 | $456 | $827 |
| Value after costs | $10,360 | $11,120 | $11,936 |
| Impact on return, per year | 1.40% | 1.40% | 1.40% |
SITEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $2.2B
- Portfolio turnover (prospectus): 149%
- Securities lending: none during the year
SITEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $2K | 63.27% |
| J P MORGAN CHASE BANK | $1K | 33.49% |
| MORGAN STANLEY & CO, INC | $127 | 3.24% |
SITEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $257.5M | 17.56% |
| CITIGROUP | $255.1M | 17.40% |
| HSBC | $170.3M | 11.62% |
| GOLDMAN, SACHS & CO. | $160.6M | 10.95% |
| MORGAN STANLEY & CO, INC | $138.6M | 9.45% |
| JEFFERIES LLC | $115.3M | 7.87% |
| BARCLAY BANK PLC | $104.8M | 7.15% |
| BAML | $99.2M | 6.76% |
| SCB SECURITIES | $88.5M | 6.04% |
| DEUTSCHE BANK | $76.3M | 5.20% |
SIT Emerging Markets Debt Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SIEDX | Class Y | 1.08% | — |
| SITEX | Class F | 1.33% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.