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Article: Lipper Ranks Seven First American Funds Best-in-Class; Three Open-End, Four Closed-End Funds Rank No. 1 in Their Categories.
- Article from:
- PR Newswire
- Article date:
- February 26, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS -- U.S. Bancorp Asset Management, Inc., announced today that seven First American Funds ranked No. 1, and 19 ranked in the top quartile of their categories, according to Lipper Analytical Services as of Dec. 31, 2001.
Among equity funds, the First American Micro Cap Fund (Class Y) ranked No. 1 of 168 small cap growth funds for five years, with a 25.37 percent average annual total return. (See one-, three-, five- and 10-year rankings below.)
Among tax-free income funds, the First American Colorado Intermediate Tax Free Fund (Class Y) ranked No. 1 of 88 in Lipper's category, "other states intermediate debt funds," for one year with a 5.64 ...