Lipper rankings are based on total return and relate to share class indicated. The returns assume reinvestment of dividends and do not reflect any applicable sales charge. Absent expense limitation, total return would be less. Past performance is no guarantee of future results.

Percentile rank shaded in        1

As of Date: 12/31/2011
Fund NameShare Class1 Yr3 Yr5 Yr10 YrSince
Inception
Lipper Peer Group
All-American Municipal Bond A  7th 
15 of 245
 7th 
15 of 222
 10th 
18 of 193
 13th 
20 of 161

--
Lipper General Municipal Debt Funds
Arizona Municipal Bond A  47th 
15 of 31
 26th 
8 of 30
 35th 
10 of 28
 50th 
12 of 23

--
Lipper Arizona Municipal Debt Funds
California High Yield Municipal Bond A  4th 
4 of 114
 5th 
5 of 110
 95th 
95 of 99

--
 93rd 
89 of 95
Lipper California Municipal Debt Funds
California Municipal Bond A  19th 
21 of 114
 14th 
15 of 110
 36th 
36 of 99
 30th 
24 of 79

--
Lipper California Municipal Debt Funds
California Municipal Bond 2 A  20th 
8 of 41
 10th 
4 of 41
 88th 
34 of 38
 59th 
23 of 38

--
Lipper Single-State Insured Municipal Debt Fds
California Tax Free* A  31st 
35 of 114
 36th 
39 of 110
 7th 
7 of 99
 10th 
8 of 79

--
Lipper California Municipal Debt Funds
Colorado Municipal Bond A  43rd 
8 of 18
 23rd 
4 of 17
 42nd 
7 of 16
 48th 
8 of 16

--
Lipper Colorado Municipal Debt Funds
Colorado Tax Free* A  22nd 
4 of 18
 12th 
2 of 17
 24th 
4 of 16
 30th 
5 of 16

--
Lipper Colorado Municipal Debt Funds
Connecticut Municipal Bond A  64th 
14 of 21
 20th 
4 of 19
 24th 
4 of 16
 19th 
3 of 15

--
Lipper Connecticut Municipal Debt Funds
Core Bond* A  85th 
506 of 597
 12th 
57 of 511
 55th 
231 of 424
 65th 
190 of 293

--
Lipper Intermediate Investment Grade Debt Funds
Equity Income* A  60th 
169 of 285
 35th 
85 of 248
 34th 
71 of 212
 62nd 
66 of 106

--
Lipper Equity Income Funds
Equity Index* A  58th 
90 of 156
 60th 
92 of 154
 55th 
82 of 150
 59th 
69 of 116

--
Lipper S&P 500 Index Objective Funds
Georgia Municipal Bond A  36th 
6 of 16
 36th 
6 of 16
 63rd 
10 of 15
 34th 
5 of 14

--
Lipper Georgia Municipal Debt Funds
Global Infrastructure* A  36th 
32 of 89
 45th 
18 of 39

--

--
 30th 
8 of 26
Lipper Specialty/Miscellaneous Funds
High Income Bond* A  84th 
412 of 491
 20th 
81 of 424
 48th 
169 of 356
 44th 
105 of 238

--
Lipper High Current Yield Funds
High Yield Municipal Bond A  23rd 
28 of 125
 8th 
8 of 104
 87th 
77 of 88
 76th 
49 of 64

--
Lipper High Yield Municipal Debt Funds
Inflation Protected Municipal Bond A
--

--

--

--
 39th 
69 of 178
Lipper Intermediate Municipal Debt Funds
Inflation Protected Securities* A  55th 
90 of 163
 23rd 
28 of 125
 45th 
50 of 111

--
 53rd 
34 of 64
Lipper Treasury Inflation Protected Securities
Intermediate Duration Municipal Bond A  70th 
122 of 174
 32nd 
45 of 140
 67th 
85 of 127
 57th 
50 of 88

--
Lipper Intermediate Municipal Debt Funds
Intermediate Government Bond* A  89th 
62 of 69
 89th 
55 of 61
 64th 
37 of 57

--
 66th 
32 of 48
Lipper Intermediate U.S. Government Funds
Intermediate Term Bond* A  42nd 
60 of 142
 14th 
18 of 128
 32nd 
38 of 118
 36th 
27 of 75

--
Lipper Short-Intmdt Investment Grade Debt Funds
International* A  37th 
87 of 240
 82nd 
182 of 222
 67th 
127 of 190
 79th 
89 of 112

--
Lipper International Large-Cap Growth
International Select* A  76th 
182 of 240
 46th 
102 of 222
 47th 
88 of 190

--
 46th 
85 of 184
Lipper International Large-Cap Growth
Kansas Municipal Bond A  22nd 
30 of 139
 25th 
32 of 130
 6th 
7 of 126
 15th 
17 of 116

--
Lipper Other States Municipal Debt Funds
Kentucky Municipal Bond A  51st 
71 of 139
 50th 
65 of 130
 35th 
44 of 126
 25th 
29 of 116

--
Lipper Other States Municipal Debt Funds
Large Cap Growth Opportunities* A  64th 
479 of 756
 33rd 
213 of 658
 15th 
84 of 569
 30th 
107 of 362

--
Lipper Large-Cap Growth Funds
Large Cap Select* A  96th 
1014 of 1066
 50th 
472 of 958
 80th 
659 of 827

--
 83rd 
492 of 596
Lipper Large-Cap Core Funds
Large Cap Value* A  68th 
351 of 520
 88th 
415 of 471
 67th 
279 of 419
 83rd 
208 of 251

--
Lipper Large-Cap Value Funds
Limited Term Municipal Bond A  21st 
8 of 38
 28th 
9 of 32
 25th 
7 of 27
 43rd 
9 of 20

--
Lipper Short-Intmdt Municipal Debt Funds
Louisiana Municipal Bond A  5th 
6 of 139
 9th 
11 of 130
 43rd 
54 of 126
 37th 
43 of 116

--
Lipper Other States Municipal Debt Funds
Maryland Municipal Bond A  56th 
20 of 35
 30th 
10 of 33
 23rd 
7 of 30
 9th 
2 of 23

--
Lipper Maryland Municipal Debt Funds
Massachusetts Municipal Bond A  89th 
39 of 43
 19th 
8 of 42
 35th 
14 of 40
 32nd 
11 of 34

--
Lipper Massachusetts Municipal Debt Funds
Michigan Municipal Bond A  39th 
8 of 20
 39th 
8 of 20
 32nd 
6 of 18
 20th 
3 of 14

--
Lipper Michigan Municipal Debt Funds
Mid Cap Growth Opportunities* A  48th 
242 of 506
 13th 
53 of 425
 32nd 
109 of 347
 6th 
13 of 236

--
Lipper Multi-Cap Growth Funds
Mid Cap Index* A  37th 
112 of 309
 37th 
98 of 269
 20th 
46 of 231
 29th 
45 of 156

--
Lipper Mid-Cap Core Funds
Mid Cap Select* A  87th 
344 of 395
 97th 
335 of 347
 86th 
267 of 310
 96th 
184 of 192

--
Lipper Mid-Cap Growth Funds
Mid Cap Value* A  83rd 
199 of 241
 92nd 
187 of 203
 60th 
106 of 177
 39th 
35 of 90

--
Lipper Mid-Cap Value Funds
Minnesota Intermediate Municipal Bond* A  5th 
5 of 110
 2nd 
2 of 107
 16th 
16 of 104
 12th 
10 of 87

--
Lipper Other States Intermediate Muni Debt Fds
Minnesota Municipal Bond* A  13th 
5 of 40
 16th 
6 of 37
 17th 
6 of 36
 13th 
4 of 30

--
Lipper Minnesota Municipal Debt Funds
Missouri Municipal Bond A  20th 
27 of 139
 11th 
14 of 130
 23rd 
28 of 126
 18th 
20 of 116

--
Lipper Other States Municipal Debt Funds
Missouri Tax Free* A  25th 
35 of 139
 22nd 
28 of 130
 9th 
11 of 126
 34th 
39 of 116

--
Lipper Other States Municipal Debt Funds
Multi-Manager Large-Cap Value A  40th 
206 of 520
 45th 
209 of 471
 25th 
101 of 419
 54th 
135 of 251

--
Lipper Large-Cap Value Funds
Municipal Bond A  30th 
73 of 245
 67th 
149 of 222
 50th 
97 of 193
 46th 
74 of 161

--
Lipper General Municipal Debt Funds
Municipal Bond 2 A  32nd 
77 of 245
 24th 
52 of 222
 62nd 
119 of 193
 60th 
96 of 161

--
Lipper General Municipal Debt Funds
Nebraska Municipal Bond* A  53rd 
73 of 139
 31st 
40 of 130
 24th 
30 of 126
 26th 
30 of 116

--
Lipper Other States Municipal Debt Funds
New Jersey Municipal Bond A  17th 
8 of 48
 30th 
14 of 47
 10th 
4 of 40
 28th 
9 of 32

--
Lipper New Jersey Municipal Debt Funds
New Mexico Municipal Bond A  46th 
64 of 139
 46th 
59 of 130
 42nd 
53 of 126
 45th 
52 of 116

--
Lipper Other States Municipal Debt Funds
New York Municipal Bond A  33rd 
32 of 98
 26th 
22 of 85
 12th 
9 of 78
 9th 
6 of 69

--
Lipper New York Municipal Debt Funds
North Carolina Municipal Bond A  72nd 
18 of 24
 46th 
11 of 23
 22nd 
5 of 22
 19th 
3 of 15

--
Lipper North Carolina Municipal Debt Funds
NWQ Large-Cap Value A  90th 
464 of 520
 44th 
207 of 471
 67th 
278 of 419

--
 66th 
271 of 415
Lipper Large-Cap Value Funds
NWQ Multi-Cap Value A  77th 
561 of 729
 34th 
209 of 629
 97th 
532 of 549

--

--
Lipper Multi-Cap Core Funds
NWQ Small/Mid-Cap Value A  8th 
51 of 692
 7th 
40 of 629
 66th 
326 of 498

--
 66th 
328 of 496
Lipper Small-Cap Core Funds
NWQ Small-Cap Value A  21st 
140 of 692
 11th 
64 of 629
 82nd 
405 of 498

--
 59th 
232 of 395
Lipper Small-Cap Core Funds
Ohio Municipal Bond A  27th 
10 of 37
 25th 
9 of 36
 18th 
6 of 33
 16th 
4 of 25

--
Lipper Ohio Municipal Debt Funds
Ohio Tax Free* A  50th 
19 of 37
 19th 
7 of 36
 15th 
5 of 33

--
 25th 
7 of 28
Lipper Ohio Municipal Debt Funds
Oregon Intermediate Municipal Bond* A  15th 
16 of 110
 17th 
18 of 107
 33rd 
34 of 104
 38th 
33 of 87

--
Lipper Other States Intermediate Muni Debt Fds
Pennsylvania Municipal Bond A  30th 
18 of 60
 23rd 
13 of 57
 15th 
8 of 53
 21st 
10 of 47

--
Lipper Pennsylvania Municipal Debt Funds
Preferred Securities A  79th 
32 of 40
 38th 
10 of 26
 88th 
21 of 23

--
 88th 
21 of 23
Lipper Flexible Income Funds
Quantitative Enhanced Core Equity* A  39th 
411 of 1066
 58th 
554 of 958

--

--
 51st 
433 of 855
Lipper Large-Cap Core Funds
Real Asset Income A
--

--

--

--
 9th 
30 of 340
Lipper Global Flexible Port Funds
Real Estate Securities* A  56th 
116 of 209
 24th 
42 of 181
 10th 
15 of 154
 4th 
3 of 84

--
Lipper Real Estate Funds
Santa Barbara Dividend Growth A  37th 
103 of 285
 64th 
157 of 248
 8th 
15 of 212

--
 9th 
15 of 186
Lipper Equity Income Funds
Santa Barbara Global Growth A  38th 
57 of 151

--

--

--
 30th 
31 of 103
Lipper Global Multi-Cap Growth
Santa Barbara Growth A  26th 
130 of 506
 92nd 
391 of 425
 71st 
245 of 347

--
 79th 
249 of 318
Lipper Multi-Cap Growth Funds
Santa Barbara International Growth A  88th 
177 of 201

--

--

--
 32nd 
51 of 162
Lipper International Multi-Cap Growth
Short Term Bond* A  81st 
206 of 254
 37th 
78 of 211
 43rd 
82 of 191
 59th 
60 of 102

--
Lipper Short Investment Grade Debt Funds
Short Term Municipal Bond* A  10th 
9 of 89
 12th 
8 of 70
 21st 
12 of 58

--
 27th 
11 of 41
Lipper Short Municipal Debt Funds
Small Cap Growth Opportunities* A  70th 
352 of 507
 17th 
72 of 440
 31st 
117 of 385
 46th 
115 of 250

--
Lipper Small-Cap Growth Funds
Small Cap Index* A  68th 
467 of 692
 69th 
432 of 629
 60th 
296 of 498
 73rd 
221 of 303

--
Lipper Small-Cap Core Funds
Small Cap Select* A  38th 
262 of 692
 30th 
188 of 629
 49th 
241 of 498
 48th 
145 of 303

--
Lipper Small-Cap Core Funds
Small Cap Value* A  12th 
36 of 305
 71st 
183 of 259
 49th 
112 of 232
 68th 
81 of 119

--
Lipper Small-Cap Value Funds
Strategy Aggressive Growth Allocation* A  79th 
137 of 174
 38th 
45 of 118
 63rd 
56 of 89
 53rd 
24 of 45

--
Lipper Flexible Portfolio Funds
Strategy Balanced Allocation* A  67th 
328 of 490
 25th 
109 of 438
 42nd 
168 of 400
 41st 
75 of 185

--
Lipper Mixed-Asset Target Alloc Moderate Funds
Strategy Conservative Allocation* A  52nd 
227 of 437
 15th 
58 of 395
 27th 
85 of 317
 19th 
19 of 103

--
Lipper Mixed-Asset Target Alloc Consv Funds
Strategy Growth Allocation* A  68th 
378 of 561
 40th 
209 of 523
 40th 
178 of 451
 41st 
91 of 223

--
Lipper Mixed-Asset Target Alloc Growth Funds
Symphony Credit Opportunities A  29th 
139 of 491

--

--

--
 13th 
57 of 467
Lipper High Current Yield Funds
Symphony Floating Rate Income A
--

--

--

--
 22nd 
30 of 140
Lipper Loan Participation Funds
Symphony International Equity A  14th 
33 of 240
 76th 
169 of 222

--

--
 67th 
136 of 204
Lipper International Large-Cap Growth
Symphony Large-Cap Growth A  9th 
45 of 506
 16th 
67 of 425
 17th 
59 of 347

--
 19th 
62 of 342
Lipper Multi-Cap Growth Funds
Symphony Large-Cap Value A  50th 
360 of 729
 95th 
597 of 629
 64th 
349 of 549

--
 54th 
272 of 506
Lipper Multi-Cap Core Funds
Symphony Mid-Cap Core A  72nd 
524 of 729
 14th 
82 of 629
 10th 
51 of 549

--
 11th 
54 of 506
Lipper Multi-Cap Core Funds
Symphony Optimized Alpha A  17th 
179 of 1066
 16th 
150 of 958

--

--
 5th 
41 of 866
Lipper Large-Cap Core Funds
Symphony Small-Mid Cap Core A  67th 
207 of 309
 68th 
181 of 269
 80th 
184 of 231

--
 78th 
168 of 217
Lipper Mid-Cap Core Funds
Tactical Market Opportunities* A
--

--

--

--

--
Lipper Flexible Portfolio Funds
Tax Free* A  9th 
20 of 245
 5th 
11 of 222
 15th 
28 of 193
 10th 
16 of 161

--
Lipper General Municipal Debt Funds
Tennessee Municipal A  58th 
80 of 139
 55th 
71 of 130
 7th 
8 of 126
 7th 
8 of 116

--
Lipper Other States Municipal Debt Funds
Total Return Bond* A  94th 
559 of 597
 1st 
5 of 511
 22nd 
93 of 424
 18th 
50 of 293

--
Lipper Intermediate Investment Grade Debt Funds
Tradewinds Emerging Markets A  95th 
406 of 430
 40th 
130 of 331

--

--
 42nd 
136 of 330
Lipper Emerging Markets Funds
Tradewinds Global All-Cap A  57th 
37 of 65
 12th 
5 of 41
 6th 
2 of 34

--
 8th 
2 of 27
Lipper Global Multi-Cap Value
Tradewinds Global All-Cap Plus A  97th 
150 of 155
 13th 
11 of 90

--

--
 14th 
12 of 86
Lipper Long/Short Equity Funds
Tradewinds Global Flexible Allocation A  93rd 
245 of 265

--

--

--
 93rd 
213 of 229
Lipper Global Flexible Port Funds
Tradewinds Global Resources A  82nd 
117 of 142
 25th 
28 of 115
 20th 
13 of 64

--
 11th 
7 of 64
Lipper Global Natural Resources Funds
Tradewinds International Value A  76th 
161 of 213
 87th 
174 of 200
 26th 
38 of 148
 29th 
17 of 59

--
Lipper International Multi-Cap Core
Tradewinds Japan A  55th 
18 of 32
 75th 
20 of 26

--

--
 71st 
19 of 26
Lipper Japanese Funds
Tradewinds Small-Cap Opportunities A
--

--

--

--
 69th 
63 of 91
Lipper Global Small-/Mid-Cap Funds
Tradewinds Value Opportunities A  75th 
542 of 729
 5th 
31 of 629
 1st 
3 of 549

--
 1st 
2 of 418
Lipper Multi-Cap Core Funds
Virginia Municipal Bond A  35th 
11 of 31
 30th 
9 of 29
 15th 
4 of 27
 13th 
3 of 23

--
Lipper Virginia Municipal Debt Funds
Winslow Large-Cap Growth A  39th 
290 of 756

--

--

--
 26th 
172 of 671
Lipper Large-Cap Growth Funds
Wisconsin Municipal Bond A  15th 
20 of 139
 28th 
36 of 130
 15th 
19 of 126
 24th 
27 of 116

--
Lipper Other States Municipal Debt Funds

* Former First American Fund.

1 A percentage value for a fund as it compares to all other funds for the classification the fund resides in. The lower the number, the better the fund's performance relative to its classification.

Effective January 18, 2011, former First American Funds’ Class Y shares were renamed Class I shares and Class R shares were renamed Class R3 shares. See the Fund’s prospectus for more information.

**Effective January 18, 2011, Class C shares were renamed Class C1 shares. See the Fund’s prospectus for more information.