First american retail prime obligations fund

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Over 10 Billion 1 - 10 Billion 500 Million - 1 Billion 100 - 500 Million 50 - 100 Million 25 - 50 Million 5 - 25 Million 1 - 5 Million 500K - 1 Million Less than 50K

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Retail Prime Obligations Fund

Price as of: SEP 06, 05:00 PM EDT $1.00 - $0.00 - 0.00% Primary Theme fund company ticker-table#onScroll' data-controller='ticker-table'>

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Vitals

3 Yr Avg Return

5 Yr Avg Return

Holdings in Top 10

52 WEEK LOW AND HIGH

Expenses

OPERATING FEES

Expense Ratio 0.22%

SALES FEES

Deferred Load N/A

TRADING FEES

Redemption Fee N/A

Min Investment

Fund Classification

Money Market Fund

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Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

FZRXX - Profile

Distributions

YTD Total Return 4.1%
3 Yr Annualized Total Return 3.5%
5 Yr Annualized Total Return 2.3%
Capital Gain Distribution Frequency N/A
Net Income Ratio 0.02%

Dividend Yield 5.4%
Dividend Distribution Frequency Monthly

Fund Details

Legal Name Retail Prime Obligations Fund Fund Family Name First American Funds Inc Inception Date Jul 18, 2016 Shares Outstanding Share Class Domiciled Country Management Team

Fund Description

Retail Prime Obligations Fund invests in high-quality short-term debt obligations, including:

●	commercial paper;

●	U.S. dollar-denominated obligations of domestic and foreign banks with total assets of at least $500 million (including fixed and variable rate certificates of deposit, time deposits, and bankers’ acceptances);

●	non-convertible corporate debt securities;

●	securities issued by the U.S. government or one of its agencies or instrumentalities;

●	municipal securities, including variable rate demand notes, commercial paper, and municipal notes and other short-term municipal obligations;

●	loan participation interests; and

●	repurchase agreements.

The fund concentrates its investments in the banking industry. Therefore, under normal market conditions, the fund will invest more than 25% of its total assets in obligations issued by companies in the banking industry. The fund may, however, invest 25% or less of its total assets in this industry as a temporary defensive measure.

The adviser will only purchase (and hold) securities that it determines present minimal credit risk. If a security is no longer determined to present minimal credit risk, the adviser will make every attempt to sell the security, unless it has determined that it would not be in the best interest of the fund to dispose of the security at that time and, where necessary, has obtained the approval of the fund’s board of trustees to continue to hold the security.