Performance shown is historical and does not guarantee future results. Current performance may be lower or higher. Because share price, principal value, and return will vary, you may have a gain or loss when you sell fund shares. For current month-end performance information, call 800.677.FUND. Performance assumes the reinvestment of dividends and capital gains.
Net Asset Value(NAV) performance does not reflect the current maximum sales charge(load). Had the sales charge been included, the fund's returns would have been lower.
Public offering price (POP) returns are based on the price at which shares are offered to the public and reflect the fund's NAV as increased by the maximum sales charge(load) for purchases.
Investment performance reflects fee waivers. Without such waivers, total returns would be reduced.
First American Funds' quantitative funds are actively managed using our proprietary macro quant process, which projects individual stock performance based on multiple factors and current economic conditions. Stocks selected using this process could under-perform if the current performance of the factors differs from their historic performance. Turnover, expenses, and taxes will be similar to other actively managed funds.
Morningstar Category: Morningstar categories represent a universe of funds with similar investment objectives, and are provided by Morningstar, Inc
Lipper Category: Lipper categories represent a universe of funds with similar investment objectives, and are provided by Lipper, Inc.
S&P 500 Index:
The unmanaged S&P 500 Index tracks the performance of 500 U.S. large company stocks.
You cannot invest directly in an index or average.
