Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.3%
1 yr return
5.5%
3 Yr Avg Return
2.9%
5 Yr Avg Return
2.1%
Net Assets
$27.3 M
Holdings in Top 10
32.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.22%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$50,000,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FXRXX - Profile
Distributions
- YTD Total Return 2.3%
- 3 Yr Annualized Total Return 2.9%
- 5 Yr Annualized Total Return 2.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.05%
- Dividend Yield 5.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameRetail Prime Obligations Fund
-
Fund Family NameFirst American Funds Inc
-
Inception DateSep 18, 2016
-
Shares Outstanding5470272
-
Share ClassX
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
Retail Prime Obligations Fund invests in high-quality short-term debt obligations, including:
● | commercial paper; |
● | U.S. dollar-denominated obligations of domestic and foreign banks with total assets of at least $500 million (including fixed and variable rate certificates of deposit, time deposits, and bankers’ acceptances); |
● | non-convertible corporate debt securities; |
● | securities issued by the U.S. government or one of its agencies or instrumentalities; |
● | municipal securities, including variable rate demand notes, commercial paper, and municipal notes and other short-term municipal obligations; |
● | loan participation interests; and |
● | repurchase agreements. |
The fund concentrates its investments in the banking industry. Therefore, under normal market conditions, the fund will invest more than 25% of its total assets in obligations issued by companies in the banking industry. The fund may, however, invest 25% or less of its total assets in this industry as a temporary defensive measure.
The adviser will only purchase (and hold) securities that it determines present minimal credit risk. If a security is no longer determined to present minimal credit risk, the adviser will make every attempt to sell the security, unless it has determined that it would not be in the best interest of the fund to dispose of the security at that time and, where necessary, has obtained the approval of the fund’s board of trustees to continue to hold the security.
FXRXX - Performance
Return Ranking - Trailing
Period | FXRXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.3% | 0.0% | 2.3% | 2.04% |
1 Yr | 5.5% | 0.0% | 1448.2% | 9.59% |
3 Yr | 2.9%* | 0.0% | 2.9% | 6.06% |
5 Yr | 2.1%* | 0.0% | 120.7% | 3.20% |
10 Yr | N/A* | 0.0% | 1.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | FXRXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 0.1% | 92.36% |
2022 | 0.0% | 0.0% | 0.0% | 83.92% |
2021 | 0.0% | 0.0% | 0.0% | 83.46% |
2020 | 0.0% | 0.0% | 0.0% | 82.26% |
2019 | 0.0% | 0.0% | 0.0% | 83.19% |
Total Return Ranking - Trailing
Period | FXRXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.3% | 0.0% | 2.3% | 2.04% |
1 Yr | 5.5% | 0.0% | 1448.2% | 9.59% |
3 Yr | 2.9%* | 0.0% | 2.9% | 6.06% |
5 Yr | 2.1%* | 0.0% | 120.7% | 3.20% |
10 Yr | N/A* | 0.0% | 1.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FXRXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.6% | 0.0% | 5.8% | 9.72% |
2022 | 1.7% | 0.0% | 1.8% | 8.39% |
2021 | 0.0% | 0.0% | 0.1% | 36.09% |
2020 | 0.7% | 0.0% | 0.8% | 25.00% |
2019 | 2.5% | 0.0% | 4868.4% | 18.49% |
NAV & Total Return History
FXRXX - Holdings
Concentration Analysis
FXRXX | Category Low | Category High | FXRXX % Rank | |
---|---|---|---|---|
Net Assets | 27.3 M | 16.1 M | 86.2 B | 91.84% |
Number of Holdings | 119 | 1 | 345 | 53.74% |
Net Assets in Top 10 | 795 M | 22.7 M | 21.7 B | 55.78% |
Weighting of Top 10 | 32.61% | 14.2% | 100.0% | 55.10% |
Top 10 Holdings
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
- Credit Agricole CIB - Omni 1 REPO 0.05% 10/1/2021 12.98%
Asset Allocation
Weighting | Return Low | Return High | FXRXX % Rank | |
---|---|---|---|---|
Cash | 92.68% | 35.74% | 100.00% | 46.26% |
Bonds | 7.32% | 0.00% | 64.26% | 48.98% |
Stocks | 0.00% | 0.00% | 0.00% | 83.67% |
Preferred Stocks | 0.00% | 0.00% | 1.01% | 86.39% |
Other | 0.00% | 0.00% | 0.00% | 83.67% |
Convertible Bonds | 0.00% | 0.00% | 13.25% | 88.44% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FXRXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 92.68% | 35.74% | 100.00% | 46.26% |
Municipal | 6.29% | 0.00% | 49.89% | 29.25% |
Corporate | 0.62% | 0.00% | 14.24% | 53.06% |
Government | 0.41% | 0.00% | 30.63% | 42.18% |
Derivative | 0.00% | 0.00% | 0.00% | 83.67% |
Securitized | 0.00% | 0.00% | 0.98% | 84.35% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FXRXX % Rank | |
---|---|---|---|---|
US | 7.32% | 0.00% | 64.26% | 42.86% |
Non US | 0.00% | 0.00% | 2.90% | 91.84% |
FXRXX - Expenses
Operational Fees
FXRXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.22% | 0.11% | 20.36% | 82.64% |
Management Fee | 0.10% | 0.00% | 0.57% | 21.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.13% | 0.03% | 0.55% | 81.18% |
Sales Fees
FXRXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FXRXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
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.
FXRXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 212.00% | N/A |
FXRXX - Distributions
Dividend Yield Analysis
FXRXX | Category Low | Category High | FXRXX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.47% | 0.00% | 5.40% | 10.88% |
Dividend Distribution Analysis
FXRXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FXRXX | Category Low | Category High | FXRXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.05% | -1.14% | 1.97% | 20.00% |
Capital Gain Distribution Analysis
FXRXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 01, 2024 | $0.004 | OrdinaryDividend |
Apr 01, 2024 | $0.005 | OrdinaryDividend |
Mar 01, 2024 | $0.004 | DailyAccrualFund |
Feb 01, 2024 | $0.005 | DailyAccrualFund |
Dec 29, 2023 | $0.005 | DailyAccrualFund |
Nov 30, 2023 | $0.004 | DailyAccrualFund |
Oct 31, 2023 | $0.005 | DailyAccrualFund |
Sep 29, 2023 | $0.004 | DailyAccrualFund |
Aug 31, 2023 | $0.005 | DailyAccrualFund |
Jul 31, 2023 | $0.004 | DailyAccrualFund |
Jun 30, 2023 | $0.004 | DailyAccrualFund |
May 31, 2023 | $0.004 | DailyAccrualFund |
Apr 28, 2023 | $0.004 | DailyAccrualFund |
Mar 31, 2023 | $0.004 | DailyAccrualFund |
Feb 28, 2023 | $0.004 | DailyAccrualFund |
Jan 31, 2023 | $0.004 | DailyAccrualFund |
Dec 30, 2022 | $0.004 | DailyAccrualFund |
Dec 01, 2022 | $0.003 | DailyAccrualFund |
Nov 30, 2022 | $0.003 | DailyAccrualFund |
Nov 01, 2022 | $0.003 | DailyAccrualFund |
Oct 03, 2022 | $0.002 | DailyAccrualFund |
Sep 01, 2022 | $0.002 | DailyAccrualFund |
Aug 01, 2022 | $0.001 | DailyAccrualFund |
Jul 01, 2022 | $0.001 | DailyAccrualFund |
Jun 01, 2022 | $0.001 | DailyAccrualFund |
May 02, 2022 | $0.000 | DailyAccrualFund |
Mar 31, 2022 | $0.000 | DailyAccrualFund |
Jan 29, 2021 | $0.000 | DailyAccrualFund |
Jan 04, 2021 | $0.000 | DailyAccrualFund |
Dec 01, 2020 | $0.000 | DailyAccrualFund |
Nov 02, 2020 | $0.000 | DailyAccrualFund |
Oct 01, 2020 | $0.000 | DailyAccrualFund |
Sep 01, 2020 | $0.000 | DailyAccrualFund |
Aug 03, 2020 | $0.000 | DailyAccrualFund |
Jul 01, 2020 | $0.000 | DailyAccrualFund |
May 01, 2020 | $0.001 | DailyAccrualFund |
Apr 01, 2020 | $0.001 | DailyAccrualFund |
Mar 02, 2020 | $0.001 | DailyAccrualFund |
Feb 03, 2020 | $0.002 | DailyAccrualFund |
Jan 02, 2020 | $0.002 | DailyAccrualFund |
Dec 02, 2019 | $0.001 | DailyAccrualFund |
Nov 01, 2019 | $0.002 | DailyAccrualFund |
Oct 01, 2019 | $0.002 | DailyAccrualFund |
Sep 03, 2019 | $0.002 | DailyAccrualFund |
Aug 01, 2019 | $0.002 | DailyAccrualFund |
Jul 01, 2019 | $0.002 | OrdinaryDividend |
Jun 03, 2019 | $0.002 | DailyAccrualFund |
May 01, 2019 | $0.002 | DailyAccrualFund |
Apr 01, 2019 | $0.002 | DailyAccrualFund |
Mar 01, 2019 | $0.002 | DailyAccrualFund |
Feb 01, 2019 | $0.002 | DailyAccrualFund |
Jan 02, 2019 | $0.002 | DailyAccrualFund |
Dec 03, 2018 | $0.002 | DailyAccrualFund |
Nov 01, 2018 | $0.002 | DailyAccrualFund |
Sep 04, 2018 | $0.002 | DailyAccrualFund |
Aug 01, 2018 | $0.002 | DailyAccrualFund |
Jul 02, 2018 | $0.002 | DailyAccrualFund |
Jun 01, 2018 | $0.002 | DailyAccrualFund |
May 01, 2018 | $0.002 | DailyAccrualFund |
Apr 02, 2018 | $0.001 | DailyAccrualFund |
Mar 01, 2018 | $0.001 | DailyAccrualFund |
Feb 01, 2018 | $0.001 | DailyAccrualFund |
Jan 02, 2018 | $0.001 | DailyAccrualFund |
Dec 01, 2017 | $0.001 | DailyAccrualFund |
Nov 01, 2017 | $0.001 | DailyAccrualFund |
Oct 02, 2017 | $0.001 | DailyAccrualFund |
Sep 01, 2017 | $0.001 | DailyAccrualFund |
Aug 01, 2017 | $0.001 | DailyAccrualFund |
Jul 03, 2017 | $0.001 | DailyAccrualFund |
Jun 01, 2017 | $0.001 | DailyAccrualFund |
May 01, 2017 | $0.001 | DailyAccrualFund |
Apr 03, 2017 | $0.001 | DailyAccrualFund |
Mar 01, 2017 | $0.001 | DailyAccrualFund |
Feb 01, 2017 | $0.001 | DailyAccrualFund |
Jan 03, 2017 | $0.001 | DailyAccrualFund |
Dec 01, 2016 | $0.001 | DailyAccrualFund |
Nov 01, 2016 | $0.001 | DailyAccrualFund |