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FPZXX First American Prime Obligation Z

  • Fund
  • FPZXX
  • Price as of: Aug 03, 2016
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

FPZXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $9.71 B
  • Holdings in Top 10 47.5%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.24%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$10,000,000

IRA

N/A

Investment Themes

CATEGORY

Money Market
  • Fund Type Money Market Fund
  • Investment Style Prime Money Market

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name First American Prime Obligation Fund
  • Fund Family Name First American
  • Inception Date Aug 01, 2003
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Management Team

Fund Description

The fund normally invests in high-quality short-term debt obligations. Under normal market conditions, portfolio managers will only purchase (and hold) securities in the fund if they are rated in the top short-term rating category, for example, a rating of A-1 or a rating of Prime-1. The fund may invest more than 25% of its total assets in obligations of U.S. banks.

FPZXX - Performance

Return Ranking - Trailing

Period FPZXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -98.0% 2.0% 0.35% 4
1 Yr 0.2% 0.0% 5.6% 8.24% 1
3 Yr 0.1% * 0.0% 5.1% 9.66% 1
5 Yr 0.1% * 0.0% 4.6% 10.02% 1
10 Yr 1.1% * 0.4% 4.4% 9.47% 1

* Annualized


Return Ranking - Calendar

Period FPZXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -99.0% 501500.0% 0.89% 4
2014 N/A 0.0% 0.0% N/A N/A
2013 N/A 0.0% 0.0% N/A N/A
2012 N/A 0.0% 0.0% N/A N/A
2011 N/A 0.0% 0.0% N/A N/A

Total Return Ranking - Trailing

Period FPZXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 2.0% 0.79% 4
1 Yr 0.2% -5.7% 5.6% 8.18% 1
3 Yr 0.1% * -1.9% 5.1% 9.56% 1
5 Yr 0.1% * -1.2% 4.6% 10.02% 1
10 Yr 1.1% * -0.1% 4.4% 9.47% 1

* Annualized


Total Return Ranking - Calendar

Period FPZXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -100.0% 0.4% 0.32% 4
2014 N/A 0.0% 0.0% N/A N/A
2013 N/A 0.0% 0.0% N/A N/A
2012 N/A 0.0% 0.0% N/A N/A
2011 N/A 0.0% 0.0% N/A N/A

NAV & Total Return History

FPZXX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FPZXX Category Low Category High FPZXX % Rank Quintile
Net Assets 9.71 B 500 K 127 B 7.19% 2
Number of Holdings 125 1 1161 6.97% 2
Net Assets in Top 10 4.71 B 5.17 M 113 B 6.41% 2
Weighting of Top 10 47.5% 5.2% 109.4% 16.91% 3

Top 10 Holdings

  1. Federal Reserve Bank Of New York 18.91%
  2. Bank Of Nova Scotia 7.88%
  3. Credit Agricole 4.07%
  4. Swedbank Ab 3.53%
  5. Bank Of Nova Scotia 3.53%
  6. Bank of Montreal Chicago Brh 3.03%
  7. Wells Fargo Bk Natl Assn 2.02%
  8. Bnp Paribas 1.77%
  9. Skandinaviska Enskilda Banken 1.51%
  10. Bk Tokyo-Mitsubishi Ltd N Y 1.26%

Asset Allocation

Weighting Category Low Category High FPZXX % Rank Quintile
Cash
95.91% 0.00% 140.12% 7.29% 2
Bonds
4.09% 0.00% 100.00% 20.79% 3
Other
0.00% -40.65% 100.00% 7.53% 4
Convertible Bonds
0.00% 0.00% 0.00% 0.08% 4
Preferred Stocks
0.00% 0.00% 6.43% 0.40% 4
Stocks
0.00% 0.00% 0.00% 0.08% 4

Bond Sector Breakdown

Weighting Category Low Category High FPZXX % Rank Quintile
Cash & Equivalents
95.91% 0.00% 140.12% 7.53% 2
Municipal
4.09% 0.00% 100.00% 13.46% 2
Securitized
0.00% 0.00% 75.02% 3.45% 4
Corporate
0.00% 0.00% 26.37% 7.61% 4
Derivative
0.00% 0.00% 1.15% 0.16% 4
Government
0.00% 0.00% 48.26% 11.78% 4

Bond Geographic Breakdown

Weighting Category Low Category High FPZXX % Rank Quintile
US
4.09% 0.00% 100.00% 20.91% 3
Non US
0.00% 0.00% 7.46% 1.20% 4

FPZXX - Expenses

Operational Fees

FPZXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.24% 0.00% 83.73% 11.71% 1
Management Fee 0.10% 0.00% 0.60% 3.40% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.00% 0.50% 2.38% 4

Sales Fees

FPZXX Fees (% of AUM) Category Low Category High FPZXX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

FPZXX Fees (% of AUM) Category Low Category High FPZXX Rank Quintile
Max Redemption Fee N/A 0.25% 0.25% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FPZXX Fees (% of AUM) Category Low Category High FPZXX Rank Quintile
Turnover N/A 0.00% 1054.00% N/A N/A

FPZXX - Distributions

Dividend Yield Analysis

FPZXX Category Low Category High FPZXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 0.96% 4

Dividend Distribution Analysis

FPZXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FPZXX Category Low Category High FPZXX % Rank Quintile
Net Income Ratio 0.02% -0.23% 2.25% 2.39% 2

Capital Gain Distribution Analysis

FPZXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FPZXX - Managers

Management Team

Manager

Start Date

Oct 31, 2006

Tenure

9.67

Tenure Rank

12.6%

Team Managed


Tenure Analysis

Category Low

0.2

Category High

40.9

Category Average

11.6

Category Mode

1.6