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First American Retail Tax Free Obligations Fund Class A FTAXX

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Strategy

The investment seeks maximum current income exempt from federal income taxes consistent with the preservation of capital and maintenance of liquidity. The fund normally invests at least 80% of its total assets in high-quality, short-term municipal securities that pay interest that is exempt from federal income tax, including the federal alternative minimum tax. The municipal securities in which the fund invests include variable rate demand notes (VRDNs) and tender option bonds (TOBs), which are floating rate instruments that provide the fund with the option to put or tender the VRDN or TOB back to the issuer at par.

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
FFCXX	First American Retail Tax Free Obligations Fund Class Y	—	Open	—	—	Jan 9, 1995	$18.70M	0.450%	—	$0	$2.01M
FTAXX	First American Retail Tax Free Obligations Fund Class A	—	Open	—	—	Sep 24, 2001	$31.01M	0.750%	—	$1,000	−$3.01M
FTZXX	First American Retail Tax Free Obligations Fund Class Z	—	Open	—	—	Dec 1, 2003	$369.72M	0.200%	—	$10M	−$954,769.64
FHIXX	First American Retail Tax Free Obligations Fund Class V	—	Open	—	—	Mar 31, 2006	$22.67M	0.300%	—	$0	$22.44M
FTJXX	First American Retail Tax Free Obligations Fund Class T	—	Open	—	—	Sep 24, 2020	$4.20M	0.400%	—	$0	−$3.13M

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