Morningstar

First American Multi-Manager Fixed-Income Fund Institutional Class FAFIX

Morningstar Medalist Rating
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Medalist Rating as of See First American Investment Hub
  • NAV / 1-Day Return$8.61  /  +0.23%
  • Fund Size$1.7B
  • Adjusted Expense Ratio0.520%
  • Net Expense Ratio0.490%
  • Fee Level: DistributionAbove Average
  • Share Class TypeInstitutional
  • Morningstar CategoryIntermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds)—
  • Minimum Initial Investment$1M
  • Investment StatusOpen
  • TTM Yield4.53%
  • Average Effective Duration—
NAV and 1-Day Return as of

Morningstar’s Analysis FAFIX

Will FAFIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FAFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FAFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

First American Multi-Manager FI Instl holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FAFIX

More FAFIX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings14.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares Core US Aggregate Bond ETF

5.1086M
—

United States Treasury Bonds 0.1025%

1.7329M
Government

iShares 10-20 Year Treasury Bond ETF

1.4825M
—

United States Treasury Bonds 0.1%

1.2621M
Government

BlackRock Liquidity FedFund Instl

1.1820M
Cash and Equivalents

U S TREASURY NT 4.750% 9/30/28

0.9516M
Government

United States Treasury Notes 0.085%

0.8615M
Government

U S TREASURY NT 5.000% 9/30/31

0.7513M
Government

United States Treasury Notes 0.045%

0.6711M
Government

United States Treasury Notes 0.03875%

0.6311M
Government

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