First American MN Interm T/F A LW  FAMAX.LW
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni Minnesota Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   5.50 Yrs
   Avg Credit Quality
   A
As of 2009-09-30
Day Change
$ 0.00
  
NAV (2009-11-20)
$ 10.02
  
YTD Return % (2009-11-20)
12.25%
  
Total Assets ($ mil)
211
View Data Definitions
  Performance    
Growth of $10,000 Fund: First American MN Interm T/F A LW
(from 1999-01-01 to 2009-10-31) Category: Muni Minnesota
Index: Barcap Municipal!
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1994-02-25 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 12.25 10.80 3.79 3.37 4.62 4.44
+/- Category -2.16 -3.03 0.57 -0.07 -0.18 ---
+/- Barcap Municipal! --- --- --- --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 12.69 11.17 4.49 3.88 4.69 4.56
Month-End (as of 2009-10-31) 11.13 12.09 3.82 3.47 4.62 4.44
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 12.04 3.77 3.41 4.58 ---
On Distribution & Sale of Shares --- 9.34 3.83 3.51 4.55 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 56 funds), (5 yrs : out of 53 funds), (10 yrs : out of 52 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
General Obligations 17.10
Advance Refunded 1.04
State Appropriated Tobacco ---
Non-state Appropriated Tobacco ---
Education 18.50
Health 22.52
Housing 2.46
Industrial 4.97
Transportation 7.10
Utilities 12.61
Water/Sewer 1.16
Misc. Revenue 12.54
Bond Quality % of Bonds
AAA 7.2
AA 34.9
A 29.5
BBB 16.4
BB 2.6
B 0.0
Below B 0.0
Not Rated 9.4
 
Asset Allocation
% of Net Assets
Cash 4.1
Stocks 0.0
Bonds 95.9
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings Turnover % 18
Total Number of Bond Holdings 193 30 Day SEC Yield % 3.21
% of Assets in Top 10 Holdings 16.65 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Cohasset Minn Rev Rev Ref B 2020-06-01 7,000 7,000 3.30
Minneapolis Minn Health Care S Re 6.375% 2023-11-15 4,000 4,575 2.15
Federated Muni MN Muni Cash Instl --- 4,458 4,458 2.10
Moorhead Minn Indpt Sch Dist 5% 2015-04-01 3,450 3,746 1.76
Minneapolis & St Paul Minn Met Su 5.125% 2020-01-01 3,095 3,270 1.54
Southern Minn Mun Pwr Agy Pwr Cap Appre 2021-01-01 5,000 3,252 1.53
Minneapolis Minn Health Care S Rev Bd 6% 2023-11-15 2,500 2,876 1.35
MOUNDS VIEW MINN INDPT SCH DIS G.O. SCH 2019-02-01 2,565 2,740 1.29
Moorhead Minn Indpt Sch Dist 5% 2016-04-01 2,510 2,726 1.28
St Louis Park Minn Health Care Hl 5.625% 2026-07-01 2,500 2,642 1.24
Data through 2009-09-30
  Other Information
Fund Inception: 1994-02-25
Portfolio Manager  (Start Date)
Christopher L. Drahn  (1994-02-25)
Drahn is a Senior Fixed-Income Portfolio Manager. He joined FAF Advisors in 1980. Drahn holds the Chartered Financial Analyst designation.
Douglas J. White  (1998-07-01)
White is the Head of Tax Exempt Fixed Income. He joined FAF Advisors in 1992. White holds the Chartered Financial Analyst designation and a member of the Twin Cities Society of Security Analysts.
Sales Charge %
(taken from prospectus dated 2009-10-28)
Front: None
Deferred: None
Expense Ratio % 0.77
based on net assets
(taken from annual report dated 2008-06-30)
Correspondence Information
800 Nicollet Mall
Bc-mn-h04n
Minneapolis,  MN  55402
USA
Telephone:
800-677-3863
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.