First American Institutional Prime Obligations Fund Class V FPIXX
Strategy
The investment seeks maximum current income to the extent consistent with the preservation of capital and maintenance of liquidity. The fund invests in high-quality short-term debt obligations. The advisor will only purchase (and hold) securities that it determines present minimal credit risk. It will invest more than 25% of its total assets in obligations issued by companies in the banking industry.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
FAIXX | First American Institutional Prime Obligations Fund Class Y | — | Open | — | — | $153.40M | 0.450% | — | $0 | −$60.21M | |
FIUXX | First American Institutional Prime Obligations Fund Class T | — | Open | — | — | $47.88M | 0.400% | — | $0 | $12.70M | |
FPZXX | First American Institutional Prime Obligations Fund Class Z | — | Open | — | — | $615.18M | 0.200% | — | $10M | −$28.21M | |
FPIXX | First American Institutional Prime Obligations Fund Class V | — | Open | — | — | $80.29M | 0.300% | — | $0 | $17.67M |