First American Short-Term Bond A
First American Investment Funds Inc 800 Nicollet Mall Bc-mn-h04n Minneapolis, MN 5540
Phone: 800-677-3863
| Category: | Short-Term Bond | | Fund Family: | First American | | Net Assets: | 85.09M | | Year-to-Date Return: | 0.87% | | Yield: | 4.05% | | Morningstar Rating: |  | | Fund Inception Date: | 14-Dec-92 |
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Chris J. Neuharth
Lead Manager since
01-Mar-04 | | | Chris is a senior fixed-income portfolio manager who oversees the long-term taxable group. He leads the Securitized Debt team and is a member of the Fixed Income Strategy Committee, which establishes investment policy for all long-term taxable fixed-income products. He has 25 years of financial industry experience, including 21 years in portfolio management. Chris, who rejoined the firm in 2000, previously worked at Brinson Partners as a director and senior portfolio manager. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $2,500 | | Min Initial Investment, AIP: | $2,500 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks current income while maintaining a high degree of principal stability. The fund normally invests at least 80% of net assets, plus the amount of any borrowings for investment purposes in debt securities. It may invest up to 25% of total assets in U.S. dollar denominated debt obligations of foreign corporations and governments that are not located in emerging-market countries.The fund attempts to maintain a weighted average effective maturity and an average effective duration for its portfolio securities of one to three years. |
| Last Dividend
(29-Jan-10):
| 0.03 | | Last Cap Gain
(20-Dec-94):
| 0.00 | | Annual Holdings Turnover
| 54.00% | | Average for Category:
| 109.82% |
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| Expense | FALTX | Category
Avg | | Total Expense Ratio: | 0.75%
| 0.92% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 2.25%
| 2.54% | | Max Deferred Sales Load: | %
| 2.13% | | 3 Yr Expense Projection*: |
$527 | $409 | | 5 Yr Expense Projection*: |
$772 | $646 | | 10 Yr Expense Projection*: |
$1,473 | $1,333 |
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0.01 (0.10%)
