First American CA Tax-Free C
800 Nicollet Mall Bc-mn-h04n Minneapolis MN 55402
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Phone: 800-677-3863
| Category: | Muni California Long | | Fund Family: | First American | | Net Assets: | 2.72M | | Year-to-Date Return: | 0.21% | | Yield: | 3.77% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Feb-00 |
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Christopher L. Drahn
Lead Manager since
29-Feb-00 | | | Drahn is a Senior Fixed-Income Portfolio Manager. He joined FAF Advisors in 1980 and has 26 years of financial industry experience. Drahn holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $1,000 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $25 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks maximum current income that is exempt from both federal income tax and California state income tax to the extent consistent with prudent investment risk. Under normal market conditions, the fund invests at least 80% of net assets in municipal securities that pay interest that is exempt from federal and California income tax, including federal and state of California alternative minimum tax. It normally may invest up to 20% of assets in taxable obligations. Typically, it will not invest more than 25% of assets in unrated securities. The fund is nondiversified. |
| Last Dividend
(29-Aug-08):
| 0.03 | | Last Cap Gain
(20-Dec-07):
| 0.04 | | Annual Holdings Turnover
| 36.00% | | Average for Category:
| 29.99% |
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| Expense | FCCAX | Category
Avg | | Total Expense Ratio: | 1.15%
| 1.13% | | Max 12b1 Fee: | 0.65%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.22% | | Max Deferred Sales Load: | 1.00%
| 2.62% | | 3 Yr Expense Projection*: |
$541 | $588 | | 5 Yr Expense Projection*: |
$991 | $844 | | 10 Yr Expense Projection*: |
$2,239 | $1,576 |
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