OMB APPROVAL |
OMB Number: 3235-0570 |
Expires: September 30, 2007 |
Estimated average burden |
hours per response: 19.4 |
800 Nicollet Mall, Minneapolis, MN (Address of principal executive offices) |
55402 (Zip code) |
1 | ||||
2 | ||||
3 | ||||
6 | ||||
19 | ||||
20 | ||||
22 | ||||
24 | ||||
34 | ||||
41 |
Government Agency Debt
|
55 | .1% | ||
Government Agency Repurchase Agreements
|
39 | .8 | ||
Treasury Repurchase Agreements
|
4 | .3 | ||
Treasury Debt
|
1 | .2 | ||
Other Assets and Liabilities,
Net2
|
(0 | .4) | ||
100 | .0% | |||
Certificates of Deposit
|
29 | .8% | ||
Financial Company Commercial Paper
|
15 | .4 | ||
Asset Backed Commercial Paper
|
15 | .0 | ||
Other Notes
|
10 | .2 | ||
Government Agency Debt
|
8 | .2 | ||
Treasury Repurchase Agreements
|
7 | .8 | ||
Treasury Debt
|
5 | .3 | ||
Government Agency Repurchase Agreement
|
3 | .1 | ||
Investment Companies
|
2 | .3 | ||
Variable Rate Demand Notes
|
2 | .2 | ||
Other Commercial Paper
|
0 | .9 | ||
Other Assets and Liabilities,
Net2
|
(0 | .2) | ||
100 | .0% | |||
Municipal Debt
|
100 | .5% | ||
Other Assets and Liabilities,
Net2
|
(0 | .5) | ||
100 | .0% | |||
Treasury Repurchase Agreements
|
77 | .4% | ||
Treasury Debt
|
22 | .6 | ||
100 | .0% | |||
Treasury Debt
|
100 | .0% | ||
1 | Portfolio allocations are subject to change at any time and are not recommendations to buy or sell any security. |
2 | Investments in securities typically comprise substantially all of the funds net assets. Other assets and liabilities include receivables for items such as income earned but not yet received and payables for items such as fund expenses incurred but not yet paid. |
3 | See note 4 in Notes to Financial Statements for additional information on the portfolio characteristics of the fund. |
Expenses Paid During |
||||||||||||
Beginning Account |
Ending Account |
Period1
(9/01/10 to |
||||||||||
Value (9/01/10) |
Value (2/28/11) |
2/28/11) | ||||||||||
Class A
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.19 | ||||||
Class A Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.60 | $ | 1.20 | ||||||
Class D
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.19 | ||||||
Class D Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.60 | $ | 1.20 | ||||||
Class Y
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.19 | ||||||
Class Y Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.60 | $ | 1.20 | ||||||
Class Z
Actual2
|
$ | 1,000.00 | $ | 1,000.10 | $ | 1.14 | ||||||
Class Z Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.65 | $ | 1.15 | ||||||
Institutional Investor
Class Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.19 | ||||||
Institutional Investor Class Hypothetical (5% return before
expenses)
|
$ | 1,000.00 | $ | 1,023.60 | $ | 1.20 | ||||||
1 | Expenses are equal to the funds annualized expense ratio for the most recent six-month period of 0.24%, 0.24%, 0.24%, 0.23%, and 0.24% for Class A, Class D, Class Y, Class Z, and Institutional Investor Class, respectively, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year/365 (to reflect the one-half year period). |
2 | Based on the actual returns for the six-month period ended February 28, 2011 of 0.00%, 0.00%, 0.00%, 0.01%, and 0.00% for Class A, Class D, Class Y, Class Z, and Institutional Investor Class, respectively. |
Expenses Paid During |
||||||||||||
Beginning Account |
Ending Account |
Period1
(9/01/10 to |
||||||||||
Value (9/01/10) |
Value (2/28/11) |
2/28/11) | ||||||||||
Class A
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.64 | ||||||
Class A Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.16 | $ | 1.66 | ||||||
Class C
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.69 | ||||||
Class C Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.11 | $ | 1.71 | ||||||
Class D
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.64 | ||||||
Class D Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.16 | $ | 1.66 | ||||||
Class I
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.64 | ||||||
Class I Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.16 | $ | 1.66 | ||||||
Class Y
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.64 | ||||||
Class Y Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.16 | $ | 1.66 | ||||||
Class Z
Actual2
|
$ | 1,000.00 | $ | 1,000.50 | $ | 1.19 | ||||||
Class Z Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.60 | $ | 1.20 | ||||||
Institutional Investor
Class Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.59 | ||||||
Institutional Investor Class Hypothetical (5% return before
expenses)
|
$ | 1,000.00 | $ | 1,023.21 | $ | 1.61 | ||||||
1 | Expenses are equal to the funds annualized expense ratio for the most recent six-month period of 0.33%, 0.34%, 0.33%, 0.33%, 0.33%, 0.24%, and 0.32% for Class A, Class C, Class D, Class I, Class Y, Class Z, and Institutional Investor Class, respectively, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year/365 (to reflect the one-half year period). |
2 | Based on the actual returns for the six-month period ended February 28, 2011 of 0.00%, 0.00%, 0.00%, 0.00%, 0.00%, 0.05%, and 0.00% for Class A, Class C, Class D, Class I, Class Y, Class Z, and Institutional Investor Class, respectively. |
Expenses Paid During |
||||||||||||
Beginning Account |
Ending Account |
Period3
(9/01/10 to |
||||||||||
Value (9/01/10) |
Value (2/28/11) |
2/28/11) | ||||||||||
Class A
Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.39 | ||||||
Class A Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.41 | $ | 1.40 | ||||||
Class D
Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.34 | ||||||
Class D Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.46 | $ | 1.35 | ||||||
Class Y
Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.39 | ||||||
Class Y Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.41 | $ | 1.40 | ||||||
Class Z
Actual4
|
$ | 1,000.00 | $ | 1,000.10 | $ | 1.29 | ||||||
Class Z Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.51 | $ | 1.30 | ||||||
Institutional Investor
Class Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.34 | ||||||
Institutional Investor Class Hypothetical (5% return before
expenses)
|
$ | 1,000.00 | $ | 1,023.46 | $ | 1.35 | ||||||
3 | Expenses are equal to the funds annualized expense ratio for the most recent six-month period of 0.28%, 0.27%, 0.28%, 0.26%, and 0.27% for Class A, Class D, Class Y, Class Z, and Institutional Investor Class, respectively, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year/365 (to reflect the one-half year period). |
4 | Based on the actual returns for the six-month period ended February 28, 2011 of 0.00%, 0.00%, 0.00%, 0.01%, and 0.00% for Class A, Class D, Class Y, Class Z, and Institutional Investor Class, respectively. |
Expenses Paid During |
||||||||||||
Beginning Account |
Ending Account |
Period1
(9/01/10 to |
||||||||||
Value (9/01/10) |
Value (2/28/11) |
2/28/11) | ||||||||||
Class A
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.09 | ||||||
Class A Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.70 | $ | 1.10 | ||||||
Class D
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.04 | ||||||
Class D Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.75 | $ | 1.05 | ||||||
Class Y
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.04 | ||||||
Class Y Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.75 | $ | 1.05 | ||||||
Class Z
Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.04 | ||||||
Class Z Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.75 | $ | 1.05 | ||||||
Institutional Investor
Class Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.04 | ||||||
Institutional Investor Class Hypothetical (5% return before
expenses)
|
$ | 1,000.00 | $ | 1,023.75 | $ | 1.05 | ||||||
Reserve
Class Actual2
|
$ | 1,000.00 | $ | 1,000.00 | $ | 1.09 | ||||||
Reserve Class Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,023.70 | $ | 1.10 | ||||||
1 | Expenses are equal to the funds annualized expense ratio for the most recent six-month period of 0.22%, 0.21%, 0.21%, 0.21%, 0.21%, and 0.22% for Class A, Class D, Class Y, Class Z, Institutional Investor Class, and Reserve Class, respectively, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year/365 (to reflect the one-half year period). |
2 | Based on the actual returns for the six-month period ended February 28, 2011 of 0.00%, 0.00%, 0.00%, 0.00%, 0.00%, and 0.00% for Class A, Class D, Class Y, Class Z, Institutional Investor Class, and Reserve Class, respectively. |
Expenses Paid During |
||||||||||||
Beginning Account |
Ending Account |
Period3
(9/01/10 to |
||||||||||
Value (9/01/10) |
Value (2/28/11) |
2/28/11) | ||||||||||
Class A
Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 0.74 | ||||||
Class A Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,024.05 | $ | 0.75 | ||||||
Class D
Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 0.74 | ||||||
Class D Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,024.05 | $ | 0.75 | ||||||
Class Y
Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 0.74 | ||||||
Class Y Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,024.05 | $ | 0.75 | ||||||
Class Z
Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 0.74 | ||||||
Class Z Hypothetical (5% return before expenses)
|
$ | 1,000.00 | $ | 1,024.05 | $ | 0.75 | ||||||
Institutional Investor
Class Actual4
|
$ | 1,000.00 | $ | 1,000.00 | $ | 0.74 | ||||||
Institutional Investor Class Hypothetical (5% return before
expenses)
|
$ | 1,000.00 | $ | 1,024.05 | $ | 0.75 | ||||||
3 | Expenses are equal to the funds annualized expense ratio for the most recent six-month period of 0.15%, 0.15%, 0.15%, 0.15%, and 0.15% for Class A, Class D, Class Y, Class Z, and Institutional Investor Class, respectively, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year/365 (to reflect the one-half year period). |
4 | Based on the actual returns for the six-month period ended February 28, 2011 of 0.00%, 0.00%, 0.00%, 0.00%, and 0.00% for Class A, Class D, Class Y, Class Z, and Institutional Investor Class, respectively. |
Government Obligations Fund | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Government Agency
Debt 55.1%
|
||||||||
Federal Farm Credit Bank
|
||||||||
0.225%, 08/17/2011 Δ
|
$ | 50,000 | $ | 50,000 | ||||
0.190%, 12/07/2011 Δ
|
116,600 | 116,455 | ||||||
0.250%, 03/23/2012 Δ
|
75,000 | 74,968 | ||||||
Federal Home Loan Bank
|
||||||||
2.875%, 03/11/2011
|
75,000 | 75,054 | ||||||
3.250%, 03/11/2011
|
75,000 | 75,062 | ||||||
0.350%, 04/18/2011
|
50,000 | 49,999 | ||||||
0.165%,
05/04/2011 ¤
|
150,000 | 149,956 | ||||||
0.170%,
05/06/2011 ¤
|
75,000 | 74,977 | ||||||
0.250%, 05/12/2011 Δ
|
45,000 | 45,000 | ||||||
0.180%, 05/26/2011 Δ
|
60,000 | 60,001 | ||||||
0.330%, 06/01/2011 Δ
|
100,000 | 100,000 | ||||||
0.275%, 06/02/2011 Δ
|
100,000 | 100,000 | ||||||
0.163%, 06/07/2011 Δ
|
150,000 | 149,984 | ||||||
0.330%, 06/10/2011 Δ
|
50,000 | 50,000 | ||||||
0.330%, 06/15/2011 Δ
|
99,485 | 99,485 | ||||||
0.168%, 07/20/2011 Δ
|
100,000 | 99,988 | ||||||
0.167%, 07/25/2011 Δ
|
75,000 | 74,988 | ||||||
0.167%, 07/28/2011 Δ
|
95,000 | 94,986 | ||||||
0.174%, 08/12/2011 Δ
|
100,000 | 99,964 | ||||||
0.182%, 08/26/2011 Δ
|
50,000 | 49,970 | ||||||
3.750%, 09/09/2011
|
70,625 | 71,916 | ||||||
0.216%, 09/15/2011 Δ
|
75,000 | 74,967 | ||||||
0.240%, 10/20/2011 Δ
|
50,000 | 50,000 | ||||||
0.350%, 11/07/2011
|
60,000 | 60,000 | ||||||
0.340%, 11/15/2011
|
125,000 | 125,000 | ||||||
0.400%, 12/09/2011
|
74,500 | 74,500 | ||||||
0.400%, 12/12/2011
|
75,000 | 75,000 | ||||||
0.450%, 12/14/2011
|
65,000 | 65,000 | ||||||
0.450%, 12/16/2011
|
50,000 | 50,000 | ||||||
0.450%, 12/23/2011
|
81,850 | 81,850 | ||||||
0.500%, 12/28/2011
|
50,000 | 50,000 | ||||||
0.500%, 12/30/2011
|
49,000 | 49,000 | ||||||
0.250%, 01/19/2012 Δ
|
100,000 | 100,004 | ||||||
0.223%, 02/01/2012 Δ
|
75,000 | 74,977 | ||||||
0.278%, 02/10/2012 Δ
|
150,000 | 149,968 | ||||||
0.460%, 02/22/2012
|
35,000 | 35,000 | ||||||
0.430%, 02/22/2012
|
35,000 | 35,000 | ||||||
0.300%, 02/28/2012 Δ
|
100,000 | 100,000 | ||||||
0.450%, 03/02/2012
|
50,000 | 50,000 | ||||||
0.450%, 03/06/2012
|
75,000 | 75,000 | ||||||
0.500%, 03/16/2012
|
35,000 | 35,000 | ||||||
0.280%, 03/20/2012 Δ
|
50,000 | 49,989 | ||||||
0.275%, 07/24/2012 Δ
|
150,000 | 149,947 | ||||||
Federal Home Loan Mortgage Corporation
|
||||||||
5.125%, 04/18/2011
|
45,840 | 46,135 | ||||||
0.291%,
04/27/2011 ¤
|
150,000 | 149,931 | ||||||
0.165%,
05/02/2011 ¤
|
100,000 | 99,972 | ||||||
0.161%,
05/09/2011 ¤
|
353,678 | 353,569 | ||||||
0.271%,
06/07/2011 ¤
|
125,000 | 124,908 | ||||||
5.250%, 07/18/2011
|
50,000 | 50,945 | ||||||
0.240%, 08/05/2011 Δ
|
80,759 | 80,741 | ||||||
0.400%, 09/22/2011
|
125,000 | 125,000 | ||||||
0.232%, 09/26/2011 Δ
|
100,000 | 99,965 | ||||||
0.262%, 10/26/2011 Δ
|
50,000 | 49,987 | ||||||
0.290%, 11/07/2011 Δ
|
150,000 | 149,969 | ||||||
0.310%, 11/21/2011 Δ
|
75,000 | 74,978 | ||||||
1.125%, 12/15/2011
|
50,000 | 50,300 | ||||||
0.150%, 01/25/2012 Δ
|
75,000 | 74,945 | ||||||
0.200%, 05/01/2012 Δ
|
74,535 | 74,482 | ||||||
0.224%, 08/10/2012 Δ
|
120,000 | 119,930 | ||||||
Federal National Mortgage Association
|
||||||||
0.160%,
03/14/2011 ¤
|
75,000 | 74,996 | ||||||
0.155%,
03/16/2011 ¤
|
62,958 | 62,954 | ||||||
1.750%, 03/23/2011
|
50,000 | 50,045 | ||||||
0.155%,
03/23/2011 ¤
|
50,000 | 49,995 | ||||||
0.331%,
04/01/2011 ¤
|
50,000 | 49,986 | ||||||
2.750%, 04/11/2011
|
83,376 | 83,607 | ||||||
5.125%, 04/15/2011
|
118,533 | 119,230 | ||||||
0.150%,
04/27/2011 ¤
|
10,713 | 10,710 | ||||||
0.155%,
05/04/2011 ¤
|
40,337 | 40,326 | ||||||
0.160%,
05/25/2011 ¤
|
50,000 | 49,981 | ||||||
4.680%, 06/15/2011
|
29,435 | 29,814 | ||||||
0.174%, 08/11/2011 Δ
|
75,000 | 74,983 | ||||||
3.625%, 08/15/2011
|
35,000 | 35,531 | ||||||
1.160%, 09/08/2011
|
25,000 | 25,115 | ||||||
0.282%, 08/23/2012 Δ
|
100,000 | 100,045 | ||||||
General Electric Capital (FDIC Insured)
|
||||||||
1.800%, 03/11/2011
|
68,955 | 68,989 | ||||||
3.000%, 12/09/2011
|
75,859 | 77,414 | ||||||
JPMorgan Chase & Co. (FDIC Insured)
|
||||||||
3.125%, 12/01/2011
|
30,367 | 31,017 | ||||||
Morgan Stanley (FDIC Insured)
|
||||||||
3.250%, 12/01/2011
|
25,000 | 25,543 | ||||||
Regions Bank (FDIC Insured)
|
||||||||
3.250%, 12/09/2011
|
48,886 | 49,992 | ||||||
State Street Bank & Trust (FDIC Insured)
|
||||||||
0.502%, 09/15/2011 Δ
|
21,835 | 21,868 | ||||||
Straight-A Funding
|
||||||||
0.250%, 03/10/2011
¤
n
|
28,544 | 28,542 | ||||||
0.250%, 03/10/2011
¤
n
|
26,242 | 26,240 | ||||||
0.250%, 03/10/2011
¤
n
|
146,902 | 146,893 | ||||||
0.250%, 04/04/2011
¤
n
|
30,000 | 29,993 | ||||||
0.250%, 04/13/2011
¤
n
|
100,000 | 99,970 | ||||||
0.250%, 04/13/2011
¤
n
|
25,000 | 24,993 | ||||||
0.250%, 04/18/2011
¤
n
|
25,530 | 25,521 | ||||||
0.250%, 05/05/2011
¤
n
|
35,000 | 34,984 | ||||||
0.250%, 05/16/2011
¤
n
|
65,000 | 64,967 | ||||||
Wells Fargo & Co. (FDIC Insured)
|
||||||||
1.152%, 12/09/2011 Δ
|
50,000 | 50,350 | ||||||
Total Government Agency Debt
|
||||||||
(Cost $6,763,306)
|
6,763,306 | |||||||
Treasury
Debt 1.2%
|
||||||||
U.S. Treasury Notes
|
||||||||
1.000%, 10/31/2011
|
50,000 | 50,247 | ||||||
4.500%, 11/30/2011
|
100,000 | 103,120 | ||||||
Total Treasury Debt
|
||||||||
(Cost $153,367)
|
153,367 | |||||||
Government Agency Repurchase
Agreements 39.8%
|
||||||||
Bank of America Securities
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$332,885 (Collateralized by various government agency
obligations: Total market value $339,542)
|
332,883 | 332,883 | ||||||
Barclays Capital
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$500,003 (Collateralized by various government agency
obligations: Total market value $510,000)
|
500,000 | 500,000 | ||||||
BNP Paribas Securities
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$2,250,011 (Collateralized by various government agency
obligations: Total market value $2,295,000)
|
2,250,000 | 2,250,000 |
Government Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Goldman Sachs & Co.
|
||||||||
0.190%, dated 02/28/2011, matures 03/01/2011 repurchase price
$600,003 (Collateralized by various government agency
obligations: Total market value $612,001)
|
$ | 600,000 | $ | 600,000 | ||||
HSBC Securities USA
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$800,004 (Collateralized by various government agency
obligations: Total market value $816,004)
|
800,000 | 800,000 | ||||||
ING Financial Markets
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$200,001 (Collateralized by various government agency
obligations: Total market value $204,003)
|
200,000 | 200,000 | ||||||
RBC Capital Markets
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$200,001 (Collateralized by various government agency
obligations: Total market value $204,001)
|
200,000 | 200,000 | ||||||
Total Government Agency Repurchase Agreements
|
||||||||
(Cost $4,882,883)
|
4,882,883 | |||||||
Treasury Repurchase
Agreements 4.3%
|
||||||||
Credit Suisse Securities USA
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$200,001 (Collateralized by U.S. Treasury Debt: Total market
value $204,001)
|
200,000 | 200,000 | ||||||
UBS Securities
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011 repurchase price
$325,002 (Collateralized by U.S. Treasury Debt: Total market
value $331,500)
|
325,000 | 325,000 | ||||||
Total Treasury Repurchase Agreements
|
||||||||
(Cost $525,000)
|
525,000 | |||||||
Total
Investments 5 100.4%
|
||||||||
(Cost $12,324,556)
|
12,324,556 | |||||||
Other Assets and Liabilities, Net (0.4)%
|
(54,415 | ) | ||||||
Total Net Assets 100.0%
|
$ | 12,270,141 | ||||||
> | Securities are valued in accordance with procedures described in note 2 in Notes to Financial Statements. | |
Δ | Variable Rate Security The rate shown is the rate in effect as of February 28, 2011. | |
¤ | Discounted security This security makes no periodic interest payments, but is issued at a discount from par value. The rate shown is the annualized yield at the time of purchase. | |
n | Security purchased within the terms of a private placement memorandum, exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other qualified institutional buyers. As of February 28, 2011, the value of these investments was $482,103 or 3.9% of total net assets. See note 2 in Notes to Financial Statements. | |
5 | On February 28, 2011, the cost of investments for federal income tax purposes was approximately $12,324,556. The approximate aggregate gross unrealized appreciation and depreciation of investments, based on this cost, were both $0. |
Prime Obligations Fund | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Certificates of
Deposit 29.8%
|
||||||||
Banco Bilbao Vizcaya Argentaria/NY
|
||||||||
0.430%, 03/10/2011
|
$ | 50,000 | $ | 50,000 | ||||
0.380%, 03/14/2011
|
25,000 | 25,000 | ||||||
Banco Santander/NY
|
||||||||
0.420%, 03/03/2011
|
75,000 | 75,000 | ||||||
Bank of Montreal/Chicago
|
||||||||
0.190%, 03/01/2011
|
200,000 | 200,000 | ||||||
0.190%, 03/04/2011
|
150,000 | 150,000 | ||||||
Bank of Nova Scotia/Houston
|
||||||||
0.600%, 04/12/2011
|
50,000 | 50,000 | ||||||
0.270%, 05/12/2011
|
100,000 | 100,000 | ||||||
0.340%, 07/07/2011
|
50,000 | 50,000 | ||||||
0.290%, 08/18/2011 Δ
|
105,000 | 105,000 | ||||||
0.450%, 08/30/2011
|
50,000 | 50,000 | ||||||
0.330%, 09/29/2011 Δ
|
25,000 | 25,000 | ||||||
0.384%, 03/16/2012 Δ
|
75,000 | 75,000 | ||||||
Barclays Bank/NY
|
||||||||
0.370%, 05/03/2011
|
75,000 | 75,000 | ||||||
0.312%, 07/19/2011 Δ
|
75,000 | 75,000 | ||||||
0.653%, 07/19/2011 Δ
|
75,000 | 75,000 | ||||||
BNP Paribas/NY
|
||||||||
0.510%, 06/08/2011
|
7,000 | 7,001 | ||||||
0.653%, 07/12/2011 Δ
|
100,000 | 100,000 | ||||||
0.463%, 07/25/2011 Δ
|
100,000 | 100,000 | ||||||
0.503%, 08/04/2011 Δ
|
75,000 | 75,000 | ||||||
0.520%, 08/11/2011
|
50,000 | 50,000 | ||||||
0.530%, 08/12/2011
|
50,000 | 50,000 | ||||||
0.670%, 02/06/2012 Δ
|
75,000 | 75,000 | ||||||
Canadian Imperial Bank of Commerce/NY
|
||||||||
0.250%, 04/27/2011 Δ
|
83,600 | 83,600 | ||||||
0.260%, 05/17/2011 Δ
|
50,000 | 50,000 | ||||||
0.290%, 08/29/2011 Δ
|
100,000 | 100,000 | ||||||
Credit Agricole Corporate & Investment Bank/NY
|
||||||||
0.350%, 04/05/2011
|
65,000 | 65,000 | ||||||
0.360%, 05/10/2011
|
50,000 | 50,000 | ||||||
0.325%, 05/25/2011
|
75,000 | 75,000 | ||||||
0.473%, 07/18/2011 Δ
|
70,000 | 70,000 | ||||||
0.530%, 08/10/2011
|
50,000 | 50,000 | ||||||
Credit Suisse/NY
|
||||||||
0.260%, 04/15/2011 Δ
|
150,000 | 150,000 | ||||||
0.304%, 08/10/2011 Δ
|
35,000 | 35,000 | ||||||
Deutsche Bank/NY
|
||||||||
0.300%, 04/04/2011
|
75,000 | 75,000 | ||||||
0.340%, 07/06/2011 Δ
|
115,000 | 115,000 | ||||||
DnB NOR Bank/NY
|
||||||||
0.320%, 05/17/2011
|
75,000 | 75,000 | ||||||
0.350%, 08/18/2011
|
50,000 | 50,000 | ||||||
Lloyds TSB Bank/NY
|
||||||||
1.263%, 03/07/2011 Δ
|
100,000 | 100,000 | ||||||
0.404%, 05/02/2011 Δ
|
100,000 | 100,000 | ||||||
0.440%, 07/14/2011
|
75,000 | 75,000 | ||||||
0.440%, 07/26/2011
|
50,000 | 50,000 | ||||||
National Australia Bank/NY
|
||||||||
0.296%, 04/15/2011 Δ
|
80,250 | 80,250 | ||||||
0.323%, 10/19/2011 Δ
|
75,000 | 74,990 | ||||||
0.354%, 01/12/2012 Δ
|
40,000 | 40,000 | ||||||
Natixis/NY
|
||||||||
0.416%, 08/15/2011 Δ
|
165,000 | 165,000 | ||||||
Nordea Bank Finland/NY
|
||||||||
0.370%, 07/13/2011
|
50,000 | 50,000 | ||||||
0.360%, 07/26/2011
|
50,000 | 50,000 | ||||||
0.420%, 07/28/2011
|
75,000 | 75,015 | ||||||
0.370%, 07/29/2011
|
75,000 | 75,000 | ||||||
0.410%, 08/26/2011
|
50,000 | 50,017 | ||||||
Rabobank Nederland/NY
|
||||||||
0.322%, 04/26/2011 Δ
|
9,000 | 9,000 | ||||||
0.380%, 06/08/2011
|
100,000 | 100,000 | ||||||
0.370%, 07/07/2011
|
39,000 | 39,006 | ||||||
0.370%, 08/01/2011
|
42,000 | 42,000 | ||||||
0.470%, 09/01/2011
|
50,000 | 50,000 | ||||||
0.342%, 10/21/2011 Δ
|
50,000 | 50,000 | ||||||
Royal Bank of Canada/NY
|
||||||||
0.300%, 06/07/2011 Δ
|
50,000 | 50,000 | ||||||
0.330%, 08/05/2011 Δ
|
50,000 | 50,000 | ||||||
Royal Bank of Scotland/CT
|
||||||||
0.410%, 07/14/2011 Δ
|
100,000 | 100,000 | ||||||
0.450%, 08/03/2011
|
50,000 | 50,000 | ||||||
0.453%, 10/25/2011 Δ
|
128,500 | 128,500 | ||||||
Societe Generale/NY
|
||||||||
0.390%, 05/16/2011
|
40,000 | 40,000 | ||||||
0.432%, 07/21/2011 Δ
|
70,000 | 70,000 | ||||||
0.515%, 08/15/2011
|
50,000 | 50,001 | ||||||
0.360%, 02/03/2012 Δ
|
125,000 | 125,000 | ||||||
Svenska Handelsbanken/NY
|
||||||||
0.300%, 04/04/2011
|
60,000 | 60,000 | ||||||
0.360%, 06/13/2011
|
50,000 | 50,000 | ||||||
Toronto Dominion Bank/NY
|
||||||||
0.264%, 03/10/2011
|
82,119 | 82,119 | ||||||
0.210%, 03/11/2011
|
150,000 | 150,000 | ||||||
0.332%, 10/28/2011 Δ
|
100,000 | 100,000 | ||||||
0.344%, 01/12/2012 Δ
|
60,000 | 60,000 | ||||||
UBS/Stamford
|
||||||||
0.360%, 05/26/2011
|
50,000 | 50,000 | ||||||
0.400%, 07/05/2011
|
75,000 | 75,000 | ||||||
0.380%, 08/29/2011
|
50,000 | 50,000 | ||||||
Westpac Banking/NY
|
||||||||
0.410%, 06/21/2011
|
9,000 | 8,997 | ||||||
0.340%, 07/05/2011
|
50,000 | 50,000 | ||||||
0.350%, 08/29/2011
|
50,000 | 50,000 | ||||||
0.270%, 08/31/2011 Δ
|
100,000 | 100,000 | ||||||
Total Certificates of Deposit
|
||||||||
(Cost 5,505,496)
|
5,505,496 | |||||||
Financial Company Commercial
Paper 15.4%
|
||||||||
Australia & New Zealand Banking Group
|
||||||||
0.300%,
05/03/2011 n ¤
|
75,000 | 74,961 | ||||||
0.351%,
06/07/2011 n ¤
|
50,000 | 49,952 | ||||||
0.325%, 02/02/2012
Δ n
|
50,000 | 50,000 | ||||||
Banco Bilbao Vizcaya Argentaria/London
|
||||||||
0.400%,
03/03/2011 n ¤
|
60,000 | 59,999 | ||||||
0.550%,
03/18/2011 n ¤
|
80,000 | 79,979 | ||||||
0.540%,
03/30/2011 n ¤
|
100,000 | 99,957 | ||||||
BNP Paribas Finance
|
||||||||
0.481%,
07/01/2011 ¤
|
50,000 | 49,919 | ||||||
Commonwealth Bank of Australia
|
||||||||
0.404%, 05/13/2011
Δ n
|
60,000 | 60,000 | ||||||
0.340%, 07/29/2011
Δ n
|
50,000 | 50,000 | ||||||
Credit Suisse
|
||||||||
0.230%,
04/25/2011 ¤
|
20,000 | 19,993 | ||||||
0.331%,
07/05/2011 ¤
|
75,000 | 74,913 | ||||||
0.351%,
07/25/2011 ¤
|
50,000 | 49,929 | ||||||
Danske
|
||||||||
0.300%,
03/01/2011 n ¤
|
60,000 | 60,000 | ||||||
0.297%,
03/25/2011 n ¤
|
100,000 | 99,980 | ||||||
0.300%,
04/01/2011 n ¤
|
90,000 | 89,977 | ||||||
0.300%,
04/04/2011 n ¤
|
30,000 | 29,992 | ||||||
Deutsche Bank Financial
|
||||||||
0.320%,
04/04/2011 ¤
|
22,650 | 22,643 |
Prime Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
DnB NOR Bank
|
||||||||
0.321%,
04/26/2011 n ¤
|
$ | 20,000 | $ | 19,990 | ||||
0.361%,
06/15/2011 n ¤
|
50,000 | 49,947 | ||||||
0.313%, 08/22/2011
Δ n
|
60,000 | 60,000 | ||||||
Eksportfinans
|
||||||||
0.180%,
03/01/2011 ¤
|
100,000 | 100,000 | ||||||
General Electric Capital
|
||||||||
0.411%,
04/25/2011 ¤
|
25,000 | 24,984 | ||||||
0.401%,
05/23/2011 ¤
|
40,000 | 39,963 | ||||||
0.361%,
06/02/2011 ¤
|
50,000 | 49,954 | ||||||
0.381%,
06/13/2011 ¤
|
70,000 | 69,923 | ||||||
0.401%,
07/19/2011 ¤
|
25,000 | 24,961 | ||||||
0.351%,
09/08/2011 ¤
|
50,000 | 49,907 | ||||||
0.351%,
09/28/2011 ¤
|
50,000 | 49,897 | ||||||
ING (US) Funding
|
||||||||
0.210%,
03/08/2011 ¤
|
90,000 | 89,996 | ||||||
0.230%,
03/18/2011 ¤
|
150,000 | 149,984 | ||||||
0.320%,
06/15/2011 ¤
|
75,000 | 74,929 | ||||||
0.320%,
06/29/2011 ¤
|
25,000 | 24,973 | ||||||
National Australia Funding
|
||||||||
0.341%,
06/06/2011 n ¤
|
75,000 | 74,931 | ||||||
Novartis Securities Investment
|
||||||||
0.250%,
06/13/2011 n ¤
|
75,000 | 74,946 | ||||||
Reckitt Benckiser Treasury Services
|
||||||||
0.451%,
07/22/2011 n ¤
|
70,000 | 69,875 | ||||||
0.451%,
07/29/2011 n ¤
|
34,000 | 33,936 | ||||||
0.431%,
08/03/2011 n ¤
|
17,500 | 17,468 | ||||||
0.431%,
08/04/2011 n ¤
|
42,500 | 42,421 | ||||||
Santander
|
||||||||
0.570%,
03/09/2011 ¤
|
10,000 | 9,999 | ||||||
0.620%,
03/31/2011 ¤
|
59,000 | 58,970 | ||||||
0.621%,
03/31/2011 ¤
|
110,000 | 109,943 | ||||||
0.621%,
03/31/2011 ¤
|
51,000 | 50,974 | ||||||
Societe Generale
|
||||||||
0.531%,
08/15/2011 ¤
|
50,000 | 49,877 | ||||||
Toyota Motor Credit
|
||||||||
0.381%,
04/18/2011 ¤
|
150,000 | 149,924 | ||||||
0.371%,
04/20/2011 ¤
|
30,000 | 29,985 | ||||||
0.321%,
07/28/2011 ¤
|
50,000 | 49,934 | ||||||
0.331%,
08/08/2011 ¤
|
25,000 | 24,963 | ||||||
0.337%,
08/15/2011 ¤
|
80,000 | 79,875 | ||||||
UBS Finance
|
||||||||
0.336%,
04/01/2011 ¤
|
25,000 | 24,993 | ||||||
Total Financial Company Commercial Paper
|
||||||||
(Cost 2,854,616)
|
2,854,616 | |||||||
Asset Backed Commercial
Paper n ¤ 15.0%
|
||||||||
Atlantic Asset Securitization
|
||||||||
0.240%, 03/02/2011
|
40,000 | 40,000 | ||||||
0.240%, 03/08/2011
|
30,000 | 29,999 | ||||||
0.240%, 03/11/2011
|
40,000 | 39,997 | ||||||
0.230%, 03/17/2011
|
40,000 | 39,996 | ||||||
0.250%, 04/01/2011
|
31,500 | 31,493 | ||||||
0.280%, 04/04/2011
|
40,000 | 39,989 | ||||||
Barton Capital
|
||||||||
0.240%, 03/07/2011
|
32,509 | 32,508 | ||||||
0.260%, 04/04/2011
|
14,807 | 14,803 | ||||||
0.250%, 04/05/2011
|
92,088 | 92,066 | ||||||
0.250%, 04/11/2011
|
23,295 | 23,288 | ||||||
0.250%, 04/12/2011
|
28,574 | 28,566 | ||||||
Bryant Park Funding
|
||||||||
0.230%, 03/10/2011
|
120,000 | 119,993 | ||||||
0.230%, 03/15/2011
|
13,000 | 12,999 | ||||||
0.220%, 03/25/2011
|
40,000 | 39,994 | ||||||
Chariot Funding
|
||||||||
0.230%, 03/03/2011
|
50,000 | 49,999 | ||||||
0.235%, 03/07/2011
|
79,000 | 78,997 | ||||||
0.230%, 03/11/2011
|
14,000 | 13,999 | ||||||
0.230%, 03/15/2011
|
40,000 | 39,996 | ||||||
0.250%, 03/21/2011
|
24,100 | 24,097 | ||||||
0.220%, 03/22/2011
|
25,000 | 24,997 | ||||||
Fairway Finance
|
||||||||
0.230%, 03/01/2011
|
15,013 | 15,013 | ||||||
0.270%, 03/08/2011
|
26,475 | 26,474 | ||||||
0.250%, 03/09/2011
|
50,000 | 49,997 | ||||||
0.230%, 03/18/2011
|
30,006 | 30,003 | ||||||
0.230%, 03/23/2011
|
52,530 | 52,523 | ||||||
Falcon Asset Securitization
|
||||||||
0.230%, 03/10/2011
|
49,000 | 48,997 | ||||||
0.270%, 03/11/2011
|
75,000 | 74,994 | ||||||
0.220%, 03/22/2011
|
50,000 | 49,994 | ||||||
Grampian Funding
|
||||||||
0.320%, 05/18/2011
|
90,000 | 89,957 | ||||||
Liberty Street Funding
|
||||||||
0.240%, 03/01/2011
|
50,000 | 50,000 | ||||||
0.230%, 03/14/2011
|
25,000 | 24,998 | ||||||
0.230%, 03/16/2011
|
35,000 | 34,997 | ||||||
0.230%, 03/25/2011
|
80,000 | 79,988 | ||||||
0.280%, 03/28/2011
|
25,000 | 24,995 | ||||||
0.250%, 04/25/2011
|
50,000 | 49,981 | ||||||
Old Line Funding
|
||||||||
0.250%, 03/02/2011
|
75,000 | 74,999 | ||||||
0.230%, 03/21/2011
|
90,000 | 89,989 | ||||||
0.270%, 04/04/2011
|
40,033 | 40,023 | ||||||
Sheffield Receivables
|
||||||||
0.240%, 03/03/2011
|
37,573 | 37,572 | ||||||
0.260%, 03/04/2011
|
30,000 | 29,999 | ||||||
0.240%, 03/09/2011
|
50,000 | 49,997 | ||||||
0.230%, 03/17/2011
|
25,000 | 24,997 | ||||||
0.240%, 04/06/2011
|
30,000 | 29,993 | ||||||
0.240%, 04/12/2011
|
35,000 | 34,990 | ||||||
0.240%, 04/25/2011
|
50,000 | 49,982 | ||||||
Starbird Funding
|
||||||||
0.250%, 03/01/2011
|
75,000 | 75,000 | ||||||
0.240%, 03/07/2011
|
35,000 | 34,999 | ||||||
0.310%, 03/15/2011
|
24,054 | 24,051 | ||||||
0.240%, 03/17/2011
|
12,500 | 12,499 | ||||||
0.240%, 03/30/2011
|
50,000 | 49,990 | ||||||
Thames Asset Global Securitization
|
||||||||
0.240%, 03/04/2011
|
80,000 | 79,998 | ||||||
0.240%, 03/18/2011
|
9,611 | 9,610 | ||||||
0.240%, 03/21/2011
|
25,000 | 24,997 | ||||||
0.290%, 04/07/2011
|
50,000 | 49,985 | ||||||
Thunder Bay Funding
|
||||||||
0.244%, 03/01/2011
|
217,135 | 217,134 | ||||||
0.220%, 03/03/2011
|
20,009 | 20,009 | ||||||
0.280%, 03/17/2011
|
35,694 | 35,690 | ||||||
Variable Funding Capital
|
||||||||
0.230%, 03/08/2011
|
40,000 | 39,998 | ||||||
0.230%, 03/29/2011
|
30,000 | 29,995 | ||||||
Windmill Funding
|
||||||||
0.240%, 03/07/2011
|
30,000 | 29,999 | ||||||
0.260%, 03/14/2011
|
60,000 | 59,994 | ||||||
Total Asset Backed Commercial Paper
|
||||||||
(Cost 2,777,176)
|
2,777,176 | |||||||
Other
Notes 10.2%
|
||||||||
Australia & New Zealand Banking Group
|
||||||||
0.284%, 07/29/2011
Δ n
|
100,000 | 99,996 | ||||||
0.523%, 01/23/2012
Δ n
|
34,000 | 34,056 |
Prime Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Bank of America Securities Master Note
|
||||||||
0.330%, 03/01/2011 Δ
|
$ | 350,000 | $ | 350,000 | ||||
Branch Bank & Trust/Cayman Time Deposit
|
||||||||
0.120%, 03/01/2011
|
164,154 | 164,154 | ||||||
Commonwealth Bank of Australia
|
||||||||
0.374%, 03/26/2012
Δ n
|
58,500 | 58,500 | ||||||
Credit Suisse
|
||||||||
5.250%, 03/02/2011
|
15,375 | 15,377 | ||||||
Met Life Global Funding
|
||||||||
0.552%, 03/15/2011
Δ n
|
22,945 | 22,974 | ||||||
National Australia Bank
|
||||||||
0.322%, 08/19/2011
Δ n
|
50,000 | 50,000 | ||||||
Natixis/Cayman Time Deposit
|
||||||||
0.200%, 03/01/2011
|
200,000 | 200,000 | ||||||
Nordea Bank
|
||||||||
0.414%, 06/20/2011
Δ n
|
50,000 | 50,000 | ||||||
0.414%, 03/16/2012
Δ n
|
150,000 | 150,000 | ||||||
Rabobank Nederland
|
||||||||
0.510%, 08/05/2011
Δ n
|
65,000 | 65,057 | ||||||
Royal Bank of Canada
|
||||||||
0.303%, 03/30/2012
Δ n
|
100,000 | 100,000 | ||||||
Svenska Handelsbanken
|
||||||||
0.403%, 06/15/2011
Δ n
|
85,000 | 85,000 | ||||||
0.412%, 03/09/2012
Δ n
|
123,000 | 123,000 | ||||||
Wal-Mart Stores
|
||||||||
5.482%, 06/01/2011
|
85,000 | 86,111 | ||||||
Westpac Banking
|
||||||||
0.313%,
07/01/2011 n
Δ
|
75,000 | 75,000 | ||||||
0.344%,
10/14/2011 n
Δ
|
110,000 | 110,000 | ||||||
0.374%, 03/27/2012 Δ
|
50,000 | 50,000 | ||||||
Total Other Notes
|
||||||||
(Cost 1,889,225)
|
1,889,225 | |||||||
Government Agency
Debt 8.2%
|
||||||||
Federal Home Loan Bank
|
||||||||
0.163%, 06/07/2011 Δ
|
150,000 | 149,984 | ||||||
0.330%, 06/10/2011 Δ
|
50,000 | 50,000 | ||||||
0.310%, 06/13/2011 Δ
|
100,000 | 100,000 | ||||||
0.330%, 06/15/2011 Δ
|
75,000 | 75,000 | ||||||
0.167%, 07/25/2011 Δ
|
100,000 | 99,986 | ||||||
0.167%, 07/28/2011 Δ
|
95,000 | 94,986 | ||||||
0.174%, 08/12/2011 Δ
|
50,000 | 49,991 | ||||||
0.182%, 08/26/2011 Δ
|
25,000 | 24,985 | ||||||
0.216%, 09/15/2011 Δ
|
75,000 | 74,967 | ||||||
0.340%, 11/15/2011
|
50,000 | 50,000 | ||||||
0.450%, 12/23/2011
|
50,000 | 50,000 | ||||||
0.500%, 12/28/2011
|
50,000 | 50,000 | ||||||
0.300%, 02/28/2012 Δ
|
100,000 | 100,000 | ||||||
0.450%, 03/06/2012
|
25,000 | 25,000 | ||||||
Federal Home Loan Mortgage Corporation
|
||||||||
0.400%, 09/22/2011
|
100,000 | 100,000 | ||||||
0.262%, 10/26/2011 Δ
|
50,000 | 49,987 | ||||||
0.290%, 11/07/2011 Δ
|
150,000 | 149,969 | ||||||
0.224%, 08/10/2012 Δ
|
55,000 | 54,968 | ||||||
Federal National Mortgage Association
|
||||||||
0.174%, 08/11/2011 Δ
|
75,000 | 74,983 | ||||||
Straight-A Funding
|
||||||||
0.170%,
03/02/2011 n
|
10,000 | 10,000 | ||||||
0.170%,
03/03/2011 n
|
63,500 | 63,499 | ||||||
0.250%,
04/04/2011 n ¤
|
20,000 | 19,995 | ||||||
Total Government Agency Debt
|
||||||||
(Cost 1,518,300)
|
1,518,300 | |||||||
Treasury
Debt 5.3%
|
||||||||
United States Treasury Note
|
||||||||
1.000%, 08/31/2011
|
325,000 | 326,139 | ||||||
4.625%, 08/31/2011
|
50,000 | 51,087 | ||||||
1.000%, 10/31/2011
|
250,000 | 251,249 | ||||||
4.625%, 10/31/2011
|
50,000 | 51,436 | ||||||
0.750%, 11/30/2011
|
150,000 | 150,510 | ||||||
4.500%, 11/30/2011
|
150,000 | 154,684 | ||||||
Total Treasury Debt
|
||||||||
(Cost 985,105)
|
985,105 | |||||||
Investment
Companies Ω 2.3%
|
||||||||
DWS Money Market Series, Institutional Shares, 0.145%
|
243,272,000 | 243,272 | ||||||
Goldman Sachs Financial Square Money Market Fund, 0.162%
|
147,916,000 | 147,916 | ||||||
HSBC Prime Money Market Fund, 0.118%
|
27,989,000 | 27,989 | ||||||
Total Investment Companies
|
||||||||
(Cost 419,177)
|
419,177 | |||||||
Variable Rate Demand Notes
Δ 2.2%
|
||||||||
Chester County Health and Education Revenue, Kendal Crosslands
Communities (LOC: Wachovia Bank)
|
||||||||
0.240%, 03/07/2011
|
$ | 20,935 | 20,935 | |||||
Collier County Health Facilities Authority, The Morrings
(LOC: JPMorgan Chase Bank)
|
||||||||
0.240%, 03/07/2011
|
34,820 | 34,820 | ||||||
Converse County Pollution Control, Pacificorp (LOC: Wells
Fargo Bank)
|
||||||||
0.260%, 03/07/2011
|
16,585 | 16,585 | ||||||
Cuyahoga County, Carnegie/89th Garage Project
(LOC: JPMorgan Chase Bank)
|
||||||||
0.250%, 03/07/2011
|
18,250 | 18,250 | ||||||
Fulton County Development Authority, Catholic Education of North
Georgia (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011
|
14,200 | 14,200 | ||||||
Green County Industrial Development Authority Educational
Facilities Revenue, Blue Ridge School (LOC: Branch
Bank & Trust)
|
||||||||
0.270%, 03/07/2011
|
4,050 | 4,050 | ||||||
Hawaii State Department Budget & Finance,
Series A (LOC: Wells Fargo Bank) (AMT)
|
||||||||
0.420%, 03/07/2011
|
6,500 | 6,500 | ||||||
Houston Airport System Revenue, City of Houston
(LOC: Barclays Bank)
|
||||||||
0.220%, 03/07/2011
|
14,000 | 14,000 | ||||||
Illinois Finance Authority Pollution Control Revenue,
Commonwealth Edison (LOC: JPMorgan Chase Bank)
|
||||||||
0.260%, 03/07/2011
|
10,100 | 10,100 | ||||||
Illinois Finance Authority, Elmhurst Memorial Healthcare
(LOC: Northern Trust)
|
||||||||
0.240%, 03/07/2011
|
28,800 | 28,800 | ||||||
Illinois Finance Authority, Loyola University Health Systems,
Series A (LOC: JPMorgan Chase Bank)
|
||||||||
0.260%, 03/07/2011
|
8,000 | 8,000 | ||||||
Iowa Financial Authority, Mississippi Valley Regional Blood
Center (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011
|
3,060 | 3,060 | ||||||
Kent Hospital Finance Authority Michigan Revenue (LOC: Bank
of America)
|
||||||||
0.250%, 03/07/2011
|
2,425 | 2,425 |
Prime Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Lake County Industrial Development Authority, Senninger
Irrigation (LOC: JPMorgan Chase Bank) (AMT)
|
||||||||
0.330%, 03/07/2011
|
$ | 1,300 | $ | 1,300 | ||||
Lowell Industrial Development Revenue, Arkansas Democrat-Gazette
(LOC: JPMorgan Chase Bank)
|
||||||||
0.330%, 03/07/2011
|
2,830 | 2,830 | ||||||
Maryland Health & Higher Education, University of
Maryland Medical Systems, Series A (LOC:
|
||||||||
Wachovia Bank) (AMT)
|
||||||||
0.250%, 03/07/2011
|
5,100 | 5,100 | ||||||
Michigan State Hospital Finance Authority Revenue, McLaren
Healthcare, Series B (LOC: JPMorgan Chase Bank)
|
||||||||
0.250%, 03/07/2011
|
7,000 | 7,000 | ||||||
Middletown Educational Building Revenue, Christian Academy
Louisville (LOC: JPMorgan Chase Bank)
|
||||||||
0.280%, 03/07/2011
|
4,010 | 4,010 | ||||||
Minneapolis & St. Paul Housing, Alliance Health
Systems, Series C1 (LOC: Wells Fargo)
|
||||||||
0.250%, 03/07/2011
|
7,325 | 7,325 | ||||||
Mississippi Business Finance (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011
|
10,050 | 10,050 | ||||||
New York State Housing Finance Agency Revenue, Blue Castle Site
A Realty (LOC: JPMorgan Chase Bank) (AMT)
|
||||||||
0.310%, 03/07/2011
|
6,000 | 6,000 | ||||||
North Carolina Medical Care Commission, Angel Medical Center
Project (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011
|
5,895 | 5,895 | ||||||
Oakland County Economic Development, Cranbrook Educational
Community (LOC: JPMorgan Chase Bank)
|
||||||||
0.280%, 03/07/2011
|
19,200 | 19,200 | ||||||
Orange County Health Facilities Authority (LOC: Wells Fargo
Bank)
|
||||||||
0.230%, 03/07/2011
|
10,620 | 10,620 | ||||||
Philadelphia Pennsylvania School District,
Series G (General Obligation) (LOC: Wells
Fargo Bank) (INS: STAID)
|
||||||||
0.230%, 03/07/2011
|
21,000 | 21,000 | ||||||
South Carolina Economic Revenue Authority, Sisters of Charity
Providence (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011
|
39,475 | 39,475 | ||||||
Southern California Public Power Authority,
Series A (LOC: JPMorgan Chase Bank)
|
||||||||
0.240%, 03/07/2011
|
12,850 | 12,850 | ||||||
Suffolk County Industrial Development Agency, Guide Dog
Foundation for the Blind (LOC: JPMorgan Chase Bank)
|
||||||||
0.260%, 03/07/2011
|
4,940 | 4,940 | ||||||
Suffolk County Industrial Development Agency, Touro College
(LOC: JPMorgan Chase Bank)
|
||||||||
0.270%, 03/07/2011
|
5,000 | 5,000 | ||||||
Sweetwater County Pollution, PacifiCorp (LOC: Wells Fargo
Bank)
|
||||||||
0.260%, 03/07/2011
|
5,035 | 5,035 | ||||||
Vermont State Student Assistance (LOC: Lloyds
Bank) (AMT)
|
||||||||
Series C1
|
||||||||
0.270%, 03/07/2011
|
10,000 | 10,000 | ||||||
Series C2
|
||||||||
0.270%, 03/07/2011
|
9,700 | 9,700 | ||||||
Virginia Small Business Financing, Friendship Foundation
(LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011
|
12,200 | 12,200 | ||||||
Wisconsin State Health & Educational Facilities,
Aurora Health Care (LOC: JPMorgan Chase Bank)
|
||||||||
0.260%, 03/07/2011
|
19,000 | 19,000 | ||||||
Wisconsin State Health & Educational Facilities,
Aurora Sinai Medical Center, Series A (LOC:
|
||||||||
JPMorgan Chase Bank)
|
||||||||
0.280%, 03/07/2011
|
6,971 | 6,971 | ||||||
Total Variable Rate Demand Notes
|
||||||||
(Cost 407,226)
|
407,226 | |||||||
Other Commercial
Paper n ¤ 0.9%
|
||||||||
Coca-Cola
|
||||||||
0.230%, 04/05/2011
|
25,550 | 25,544 | ||||||
Total Capital
|
||||||||
0.401%, 09/08/2011
|
96,650 | 96,445 | ||||||
0.401%, 10/04/2011
|
48,000 | 47,884 | ||||||
Total Other Commercial Paper
|
||||||||
(Cost 169,873)
|
169,873 | |||||||
Treasury Repurchase
Agreements 7.8%
|
||||||||
Bank of America Securities
|
||||||||
0.170%, dated 02/28/2011, matures 03/01/2011, repurchase price
$209,307 (collateralized by U.S. Treasury debt: Total market
value $213,492)
|
209,306 | 209,306 | ||||||
Barclays Capital
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011, repurchase price
$500,003 (collateralized by U.S. Treasury debt: Total market
value $510,000)
|
500,000 | 500,000 | ||||||
Deutsche Bank Securities
|
||||||||
0.170%, dated 02/28/2011, matures 03/01/2011, repurchase price
$735,003 (collateralized by U.S. Treasury debt: Total market
value $749,700)
|
735,000 | 735,000 | ||||||
Total Treasury Repurchase Agreements
|
||||||||
(Cost 1,444,306)
|
1,444,306 | |||||||
Government Agency Repurchase
Agreement 3.1%
|
||||||||
Bank of America Securities
|
||||||||
0.180%, dated 2/28/2011, matures 03/01/2011, repurchase price
$567,120 (collateralized by various government agency
obligations: Total market value $578,459)
|
||||||||
(Cost 567,117)
|
567,117 | 567,117 | ||||||
Total
Investments 5 100.2%
|
||||||||
(Cost $18,537,617)
|
18,537,617 | |||||||
Other Assets and Liabilities, Net (0.2)%
|
(45,875 | ) | ||||||
Total Net Assets 100.0%
|
$ | 18,491,742 | ||||||
> | Securities are valued in accordance with procedures described in note 2 in Notes to Financial Statements. | |
Δ | Variable Rate Security The rate shown in the rate in effect as of February 28, 2011. | |
n | Security purchased within the terms of a private placement memorandum, exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other qualified institutional buyers. As of February 28, 2011, the value of these investments was $5,312,437 or 28.7% of total net assets. | |
¤ | Discounted Security This security makes no periodic interest payments, but is issued at a discount from par value. The rate shown is the annualized yield at the time of purchase. | |
Ω | The rate shown is the annualized seven-day effective yield as of February 28, 2011. | |
5 | On February 28, 2011, the cost of investments for federal income tax purposes was approximately $18,537,617. The approximate aggregate gross unrealized appreciation and depreciation of investments, based on this cost, were both $0. |
AMT | Alternative Minimum Tax. As of February 28, 2011, the total value of securities subject to AMT was $38,600 or 0.2% of total net assets. |
INS | Insured |
LOC | Letter of Credit |
STAID | State Aid Withholding |
Tax Free Obligations Fund | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Municipal
Debt 100.5%
|
||||||||
Arizona 2.3% | ||||||||
Arizona Health Facilities Authority, The Terraces
(LOC: Sovereign Bank) (LOC: Banco Santander)
|
||||||||
0.390%, 03/07/2011 Δ
|
$ | 10,680 | $ | 10,680 | ||||
Phoenix Industrial Development Authority (LOC: Wells Fargo
Bank)
|
||||||||
0.350%, 03/07/2011 Δ
|
715 | 715 | ||||||
Pima County Industrial Development Authority, Harvest
Preparatory Project (LOC: JPMorgan Chase Bank)
|
||||||||
0.240%, 03/07/2011 Δ
|
8,310 | 8,310 | ||||||
19,705 | ||||||||
Arkansas 0.7% | ||||||||
Little Rock Residential Housing & Public Facilities
Board, Pleasant Woods Project (INS: FNMA)
|
||||||||
0.260%, 03/07/2011 Δ
|
6,390 | 6,390 | ||||||
California 0.9% | ||||||||
California Health Facilities Financing Authority, Adventist
Health, Series B (LOC: Wells Fargo Bank)
|
||||||||
0.150%, 03/01/2011 Δ
|
1,300 | 1,300 | ||||||
California Infrastructure & Economic Development, Los
Angeles Museum, Series B (LOC: Wells Fargo Bank)
|
||||||||
0.170%, 03/01/2011 Δ
|
3,000 | 3,000 | ||||||
California Infrastructure & Economic Development,
Pacific Gas, Series D (LOC: Wells Fargo Bank)
|
||||||||
0.150%, 03/01/2011 Δ
|
3,295 | 3,295 | ||||||
7,595 | ||||||||
Colorado 1.2% | ||||||||
Aurora Childrens Hospital,
Series C (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
1,165 | 1,165 | ||||||
Colorado Educational & Cultural Facilities, Mesivta
L.A. (LOC: Bank of America)
|
||||||||
0.240%, 03/07/2011 Δ
|
4,630 | 4,630 | ||||||
Colorado Springs Fine Arts Center Project (LOC: Wells Fargo
Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
5,120 | 5,120 | ||||||
10,915 | ||||||||
Connecticut 2.3% | ||||||||
Hartford County Metropolitan District (General Obligation)
|
||||||||
2.000%, 10/05/2011
|
20,000 | 20,198 | ||||||
District of Columbia 1.5% | ||||||||
District of Columbia, Georgetown University,
Series C (LOC: TD Bank)
|
||||||||
0.210%, 03/07/2011 Δ
|
9,650 | 9,650 | ||||||
District of Columbia, Progressive Life Center,
Series A (LOC: Branch Banking & Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
3,525 | 3,525 | ||||||
13,175 | ||||||||
Florida 4.2% | ||||||||
North Broward Hospital District,
Series A (LOC: TD Bank)
|
||||||||
0.210%, 03/07/2011 Δ
|
10,200 | 10,200 |
Tax Free Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Orange County Health Facilities Authority, Orlando Regional,
Series E (LOC: Branch Banking & Trust)
|
||||||||
0.260%, 03/07/2011 Δ
|
$ | 4,500 | $ | 4,500 | ||||
Orange County School Board, Series C (Certificate of
Participation) (LOC: Bank of America)
|
||||||||
0.260%, 03/07/2011 Δ
|
10,000 | 10,000 | ||||||
Palm Beach County, Pine Crest Preparatory (LOC: Bank of
America)
|
||||||||
0.300%, 03/07/2011 Δ
|
7,625 | 7,625 | ||||||
Palm Beach County, Jewish Community Campus (LOC: Northern
Trust)
|
||||||||
0.300%, 03/07/2011 Δ
|
2,140 | 2,140 | ||||||
Sarasota County Public Hospital District, Sarasota Memorial
Hospital, Series A (LOC: Northern Trust)
|
||||||||
0.190%, 03/01/2011 Δ
|
2,700 | 2,700 | ||||||
37,165 | ||||||||
Idaho 0.9% | ||||||||
Idaho State
|
||||||||
2.000%, 06/30/2011
|
8,000 | 8,042 | ||||||
Illinois 12.4% | ||||||||
Chicago, Neighborhoods Alive, Series 21B3 (General
Obligation) (LOC: Bank of America)
|
||||||||
0.210%, 03/01/2011 Δ
|
1,280 | 1,280 | ||||||
Chicago, Neighborhoods Alive, Series 21B4 (General
Obligation) (LOC: Bank of New York)
|
||||||||
0.180%, 03/01/2011 Δ
|
1,185 | 1,185 | ||||||
Chicago, Neighborhoods Alive, Series 21B5 (General
Obligation) (LOC: Northern Trust)
|
||||||||
0.180%, 03/01/2011 Δ
|
3,275 | 3,275 | ||||||
Chicago, Wastewater Transmission, Subseries C-3
(LOC: Northern Trust)
|
||||||||
0.190%, 03/01/2011 Δ
|
2,500 | 2,500 | ||||||
Cook County, Catholic Theological University Project
(LOC: Harris Bank)
|
||||||||
0.290%, 03/07/2011 Δ
|
14,500 | 14,500 | ||||||
Elmhurst Joint Commission Accreditation (LOC: JPMorgan
Chase Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
7,115 | 7,115 | ||||||
Illinois Finance Development Authority, American College of
Surgeons (LOC: Northern Trust)
|
||||||||
0.260%, 03/07/2011 Δ
|
3,500 | 3,500 | ||||||
Illinois Finance Development Authority, Lyric Opera Chicago
Project (LOC: Northern Trust) (LOC: Harris
Bank) (LOC: Bank One)
|
||||||||
0.260%, 03/07/2011 Δ
|
11,900 | 11,900 | ||||||
Illinois Development Finance Authority, Lake Forest Academy
(LOC: Northern Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
6,255 | 6,255 | ||||||
Illinois Development Finance Authority, St. Pauls House
Project (LOC: LaSalle Bank)
|
||||||||
0.290%, 03/07/2011 Δ
|
4,315 | 4,315 | ||||||
Illinois Finance Authority, Northwestern University,
Series B
|
||||||||
0.320%, 03/01/2011 Δ
|
32,750 | 32,750 | ||||||
Illinois Finance Authority, Rest Haven Christian,
Series C (LOC: Sovereign
Bank) (LOC: Banco Santander)
|
||||||||
0.390%, 03/07/2011 Δ
|
6,465 | 6,465 | ||||||
Illinois Finance Authority, Resurrection Health,
Series B (LOC: JPMorgan Chase Bank)
|
||||||||
0.270%, 03/01/2011 Δ
|
2,900 | 2,900 | ||||||
Illinois Finance Authority, Richard Driehaus Museum
(LOC: Northern Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
2,000 | 2,000 | ||||||
Illinois Finance Authority, Southern Illinois Healthcare (Bank
of Nova Scotia)
|
||||||||
0.250%, 03/07/2011 Δ
|
4,550 | 4,550 | ||||||
Illinois Health Facilities Authority, Riverside Health Systems
(LOC: Bank of America)
|
||||||||
0.260%, 03/07/2011 Δ
|
4,000 | 4,000 | ||||||
108,490 | ||||||||
Indiana 6.0% | ||||||||
Indiana Finance Authority Health Systems, Sisters of St.
Francis, Series F (LOC: Bank of New York)
|
||||||||
0.250%, 03/07/2011 Δ
|
4,640 | 4,640 | ||||||
Indiana Finance Authority Health Systems, Sisters of St.
Francis, Series H (LOC: JPMorgan Chase Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
4,395 | 4,395 | ||||||
Indiana Finance Authority Hospital Revenue, Community Foundation
(LOC: Harris Bank)
|
||||||||
0.220%, 03/07/2011 Δ
|
6,500 | 6,500 | ||||||
Indiana Finance Authority Hospital Revenue, Floyd Memorial
Hospital (LOC: Branch Banking & Trust)
|
||||||||
0.230%, 03/01/2011 Δ
|
7,510 | 7,510 | ||||||
Indiana Health & Educational Facilities Financing
Authority, Clarian Health, Series C (LOC: Branch
Banking & Trust)
|
||||||||
0.210%, 03/07/2011 Δ
|
6,850 | 6,850 | ||||||
Indiana Health & Educational Facilities Financing
Authority, Community Village, Hartsfield,
Series A (LOC: Harris Bank)
|
||||||||
0.220%, 03/07/2011 Δ
|
7,575 | 7,575 | ||||||
Indiana Health & Educational Facilities Financing
Authority, Community Village, Hartsfield,
Series B (LOC: Harris Bank)
|
||||||||
0.220%, 03/07/2011 Δ
|
10,385 | 10,385 | ||||||
Indiana Health Facilities Financing Authority, Bethesda Living
Center, Series B (LOC: LaSalle Bank)
|
||||||||
0.240%, 03/07/2011 Δ
|
4,410 | 4,410 | ||||||
52,265 | ||||||||
Iowa 3.4% | ||||||||
Iowa Financial Authority, Central College Project
(LOC: Wells Fargo Bank)
|
||||||||
0.230%, 03/01/2011 Δ
|
8,280 | 8,280 | ||||||
Iowa Financial Authority, Regional Blood Center (LOC: Wells
Fargo Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
705 | 705 | ||||||
Iowa Financial Authority, Wesley Retirement Services
(LOC: Wells Fargo Bank)
|
||||||||
0.240%, 03/07/2011 Δ
|
8,295 | 8,295 | ||||||
Iowa Financial Retirement Authority, Wesley Retirement Services
(LOC: Wells Fargo Bank)
|
||||||||
0.240%, 03/07/2011 Δ
|
4,000 | 4,000 | ||||||
Iowa Higher Education Loan Authority, Private College Project
(LOC: Harris Bank)
|
||||||||
0.220%, 03/07/2011 Δ
|
5,500 | 5,500 | ||||||
Iowa Higher Education Loan Authority, Private College Project
(LOC: JPMorgan Chase Bank)
|
||||||||
0.240%, 03/01/2011 Δ
|
3,200 | 3,200 | ||||||
29,980 | ||||||||
Tax Free Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Kansas 1.0% | ||||||||
Olathe Health Facilities Medical Center (LOC: Bank of
America)
|
||||||||
0.240%, 03/01/2011 Δ
|
$ | 1,100 | $ | 1,100 | ||||
Prairie Village Revenue, Claridge Court (LOC: LaSalle Bank)
|
||||||||
0.240%, 03/07/2011 Δ
|
7,260 | 7,260 | ||||||
8,360 | ||||||||
Kentucky 1.1% | ||||||||
Kentucky Economic Development Finance Authority, Hospital
Facilities, Baptist Healthcare,
Series B-3
(LOC: Branch Banking & Trust)
|
||||||||
0.240%, 03/07/2011 Δ
|
9,840 | 9,840 | ||||||
Louisiana 0.3% | ||||||||
Louisiana Public Facilities Authority, Christus Health,
Series B2 (LOC: Bank of New York)
|
||||||||
0.210%, 03/07/2011 Δ
|
2,500 | 2,500 | ||||||
Maine 0.6% | ||||||||
City of Falmouth (General Obligation)
|
||||||||
1.000%, 06/01/2011
|
5,000 | 5,008 | ||||||
Maryland 1.3% | ||||||||
Carroll County Revenue, Fairhaven & Copper,
Series B (LOC: LaSalle Bank)
|
||||||||
0.240%, 03/07/2011 Δ
|
1,700 | 1,700 | ||||||
Maryland State Health & Higher Educational Facilities
Authority, Series A (LOC: JPMorgan Chase Bank)
|
||||||||
0.240%, 03/07/2011 Δ
|
9,600 | 9,600 | ||||||
11,300 | ||||||||
Massachusetts 4.5% | ||||||||
Massachusetts State Development Finance Agency, Boston
University,
Series U-1
(LOC: Bank of Nova Scotia)
|
||||||||
0.200%, 03/07/2011 Δ
|
3,130 | 3,130 | ||||||
Massachusetts State Development Finance Agency, Boston
University,
Series U-2
(LOC: BNP Paribas)
|
||||||||
0.220%, 03/07/2011 Δ
|
9,000 | 9,000 | ||||||
Massachusetts State Development Finance Agency, Boston
University,
Series U-3
(LOC: BNP Paribas)
|
||||||||
0.220%, 03/07/2011 Δ
|
9,555 | 9,555 | ||||||
Massachusetts State Health & Educational Facilities
Authority, Henry Heywood,
Series C-2
(LOC: TD Banknorth)
|
||||||||
0.220%, 03/01/2011 Δ
|
6,755 | 6,755 | ||||||
Massachusetts State Health & Educational Facilities
Authority, Massachusetts Institute of Technology,
Series J-1
|
||||||||
0.200%, 03/07/2011 Δ
|
10,650 | 10,650 | ||||||
39,090 | ||||||||
Michigan 3.3% | ||||||||
Eastern Michigan University, Series A (LOC: JPMorgan
Chase Bank)
|
||||||||
0.240%, 03/01/2011 Δ
|
2,975 | 2,975 | ||||||
Eastern Michigan University, Series B (LOC: JPMorgan
Chase Bank)
|
||||||||
0.240%, 03/01/2011 Δ
|
2,000 | 2,000 | ||||||
University Of Michigan (Commercial Paper)
|
||||||||
0.250%, 04/07/2011
|
6,000 | 6,000 | ||||||
0.250%, 04/07/2011
|
18,000 | 18,000 | ||||||
28,975 | ||||||||
Minnesota 6.4% | ||||||||
Eden Prairie, Multifamily Housing Authority (INS: FHLMC)
|
||||||||
0.260%, 03/07/2011 Δ
|
14,505 | 14,505 | ||||||
Richfield Independent School District,
Series B (General Obligation) (INS: MSDCEP)
|
||||||||
1.000%, 09/30/2011
|
10,060 | 10,097 | ||||||
Robbinsdale, North Memorial, Series A2 (LOC: Wells
Fargo Bank)
|
||||||||
0.230%, 03/01/2011 Δ
|
1,750 | 1,750 | ||||||
St. Francis Independent School District #15,
Series A (General Obligation) (INS: MSDCEP)
|
||||||||
1.000%, 09/15/2011
|
5,000 | 5,016 | ||||||
University Of Minnesota, Series B (Commercial Paper)
|
||||||||
0.270%, 04/04/2011
|
7,000 | 7,000 | ||||||
University of Minnesota, Series A
|
||||||||
0.260%, 03/07/2011 Δ
|
17,400 | 17,400 | ||||||
55,768 | ||||||||
Mississippi 2.9% | ||||||||
Mississippi Business Finance, Chevron USA
|
||||||||
0.200%, 03/07/2011 Δ
|
25,000 | 25,000 | ||||||
Missouri 1.4% | ||||||||
Missouri State Health & Educational Facilities
(LOC: JPMorgan Chase Bank)
|
||||||||
0.270%, 03/07/2011 Δ
|
10,230 | 10,230 | ||||||
Missouri State Health & Educational Facilities, Drury
College (LOC: Bank of America)
|
||||||||
0.240%, 03/01/2011 Δ
|
2,220 | 2,220 | ||||||
12,450 | ||||||||
Montana 0.8% | ||||||||
Forsyth Pollution Control, PacifiCorp Project (LOC: BNP
Paribas)
|
||||||||
0.260%, 03/01/2011 Δ
|
6,760 | 6,760 | ||||||
Nevada 1.3% | ||||||||
Reno (LOC: Bank of New York)
|
||||||||
0.190%, 03/01/2011 Δ
|
11,445 | 11,445 | ||||||
New Hampshire 0.3% | ||||||||
New Hampshire Health & Educational Facilities
Authority, Riverwoods at Exeter (LOC: Bank of America)
|
||||||||
0.240%, 03/07/2011 Δ
|
3,000 | 3,000 | ||||||
New Jersey 1.5% | ||||||||
Mercer County Improvement Authority, Atlantic Foundation Project
(LOC: Bank of America)
|
||||||||
0.280%, 03/01/2011 Δ
|
4,250 | 4,250 | ||||||
New Jersey Economic Development Authority, Cedar Crest Village,
Series A (LOC: Sovereign
Bank) (LOC: Banco Santander)
|
||||||||
0.360%, 03/07/2011 Δ
|
9,255 | 9,255 | ||||||
13,505 | ||||||||
New York 5.9% | ||||||||
Metropolitan Transportation Authority,
Series B-1
(LOC: Scotiabank)
|
||||||||
0.240%, 03/07/2011 Δ
|
10,000 | 10,000 | ||||||
Metropolitan Transportation Authority,
Series B-2
(LOC: BNP Paribas)
|
||||||||
0.240%, 03/07/2011 Δ
|
11,665 | 11,665 |
Tax Free Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Metropolitan Transportation Authority,
Series B-3
(LOC: Lloyds TSB)
|
||||||||
0.240%, 03/07/2011 Δ
|
$ | 8,695 | $ | 8,695 | ||||
New York State Power Authority (General Obligation)
|
||||||||
0.290%, 09/01/2011
|
5,200 | 5,200 | ||||||
Westchester County Industrial Development Agency, Continuing
Care Retirement (LOC: Sovereign Bank) (LOC: Banco
Santander)
|
||||||||
0.380%, 03/07/2011 Δ
|
16,350 | 16,350 | ||||||
51,910 | ||||||||
North Carolina 2.0% | ||||||||
North Carolina Capital Facilities Finance Agency, Fayetteville
University (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
9,995 | 9,995 | ||||||
North Carolina Medical Care Community Health Care Facilities,
Person Memorial Hospital (LOC: Branch Banking &
Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
4,360 | 4,360 | ||||||
Wake County, Industrial Facilities & Pollution Control
Financing Authority, Wake Enterprises (LOC: Branch
Banking & Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
3,400 | 3,400 | ||||||
17,755 | ||||||||
Ohio 4.0% | ||||||||
Franklin County Hospital (SPA: Barclays Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
20,000 | 20,000 | ||||||
Ohio State Air Quality Development Authority, Ohio Valley
Electric Corporation Project, Series B (LOC: Bank
of Nova Scotia)
|
||||||||
0.230%, 03/07/2011 Δ
|
8,700 | 8,700 | ||||||
Rickenbacker Port Authority Capital Funding
|
||||||||
0.340%, 03/07/2011
Δ n
|
6,560 | 6,560 | ||||||
35,260 | ||||||||
Oklahoma 0.8% | ||||||||
Hulbert Economic Development Authority (LOC: Bank of
America)
|
||||||||
0.290%, 03/07/2011 Δ
|
4,000 | 4,000 | ||||||
Oklahoma State Development Finance Authority, Duncan Regional
Hospital (LOC: Bank of America)
|
||||||||
0.240%, 03/01/2011 Δ
|
3,000 | 3,000 | ||||||
7,000 | ||||||||
Pennsylvania 3.6% | ||||||||
Butler County Industrial Development Authority, Concordia
Lutheran, Series A (LOC: Bank of America)
|
||||||||
0.240%, 03/07/2011 Δ
|
8,285 | 8,285 | ||||||
Delaware County Revenue Authority, Riddle Village Project
(LOC: Sovereign Bank) (LOC: Banco Santander)
|
||||||||
0.390%, 03/07/2011 Δ
|
8,580 | 8,580 | ||||||
Delaware County Revenue Authority, Riddle Village Project,
Series A (LOC: Sovereign
Bank) (LOC: Banco Santander)
|
||||||||
0.390%, 03/07/2011 Δ
|
7,720 | 7,720 | ||||||
Lehigh County General Purpose, Phoebe Devitt Homes,
Series B (LOC: Sovereign
Bank) (LOC: Banco Santander)
|
||||||||
0.390%, 03/07/2011 Δ
|
2,870 | 2,870 | ||||||
Pennsylvania State, Series 11056 (General Obligation)
|
||||||||
0.260%, 03/07/2011
Δ n
|
3,775 | 3,775 | ||||||
31,230 | ||||||||
Rhode Island 0.5% | ||||||||
Rhode Island Health & Educational Building Revenue,
Pennfield School (LOC: Sovereign Bank) (LOC: Bank
of New York)
|
||||||||
0.310%, 03/07/2011 Δ
|
4,475 | 4,475 | ||||||
South Carolina 3.9% | ||||||||
Charleston County School District, Series C (General
Obligation) (INS: SCSDE)
|
||||||||
1.500%, 03/01/2011
|
8,925 | 8,925 | ||||||
South Carolina Jobs Economic Development Authority, Anmed Health
Project, Series C (LOC: Branch
Banking & Trust)
|
||||||||
0.250%, 03/07/2011 Δ
|
4,000 | 4,000 | ||||||
South Carolina Jobs Economic Development Authority, Anmed Health
Project, Series D (LOC: Branch
Banking & Trust)
|
||||||||
0.260%, 03/07/2011 Δ
|
3,000 | 3,000 | ||||||
South Carolina Jobs Economic Development Authority, Regional
Medical Center, Orangeburg (LOC: Branch Banking &
Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
3,525 | 3,525 | ||||||
South Carolina Jobs Economic Development Authority, Woodlands at
Furman Project, Series C (LOC: Sovereign
Bank) (LOC:
|
||||||||
Natixis)
|
||||||||
0.320%, 03/07/2011 Δ
|
10,000 | 10,000 | ||||||
South Carolina Jobs Economic Development Authority, Woodlands at
Furman Project, Series D (LOC: Sovereign
Bank) (LOC:
|
||||||||
Natixis)
|
||||||||
0.320%, 03/07/2011 Δ
|
5,000 | 5,000 | ||||||
34,450 | ||||||||
Tennessee 0.2% | ||||||||
Blount County Public Building Authority, Series E8A
(LOC: Branch Banking & Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
1,400 | 1,400 | ||||||
Texas 8.5% | ||||||||
Fort Bend Independent School District, Series 2852
(General Obligation) (INS: PSF-Guaranteed)
|
||||||||
0.260%, 03/07/2011
Δ n
|
895 | 895 | ||||||
Harris County Health Facilities Development, Baylor College
Medicine, Series B (LOC: Northern Trust)
|
||||||||
0.240%, 03/07/2011 Δ
|
2,500 | 2,500 | ||||||
Houston Airport System (LOC: Barclays Bank)
|
||||||||
0.220%, 03/07/2011 Δ
|
10,350 | 10,350 | ||||||
Hunt County Health Facilities Development, Greenville
(LOC: Morgan Guaranty Trust)
|
||||||||
0.290%, 03/07/2011 Δ
|
4,300 | 4,300 | ||||||
Midland County Health Facilities, Manor Park Project
(LOC: Wells Fargo Bank)
|
||||||||
0.290%, 03/07/2011 Δ
|
15,555 | 15,555 | ||||||
Texas State
|
||||||||
2.000%, 08/31/2011
|
30,000 | 30,248 | ||||||
University of Texas, Series A
|
||||||||
0.180%, 03/07/2011 Δ
|
10,955 | 10,955 | ||||||
74,803 | ||||||||
Tax Free Obligations Fund (continued) | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Virginia 3.4% | ||||||||
Chesapeake Bay Bridge & Tunnel,
Series A (LOC: Branch Banking & Trust)
|
||||||||
0.270%, 03/07/2011 Δ
|
$ | 3,750 | $ | 3,750 | ||||
Loudoun County Industrial Development Authority, Howard Hughes
Medical, Series A
|
||||||||
0.220%, 03/07/2011 Δ
|
10,000 | 10,000 | ||||||
Loudoun County Industrial Development Authority, Howard Hughes
Medical, Series E
|
||||||||
0.220%, 03/07/2011 Δ
|
12,235 | 12,235 | ||||||
Loudoun County Industrial Development Authority, Howard Hughes
Medical, Series F
|
||||||||
0.220%, 03/07/2011 Δ
|
3,880 | 3,880 | ||||||
29,865 | ||||||||
Washington 3.7% | ||||||||
King County (General Obligation)
|
||||||||
2.000%, 06/15/2011
|
15,000 | 15,070 | ||||||
Washington State (General Obligation)
|
||||||||
0.260%, 03/07/2011
Δ n
|
2,755 | 2,755 | ||||||
Washington State Housing Finance Commission, Annie Wright School
(LOC: Bank of America)
|
||||||||
0.230%, 03/01/2011 Δ
|
4,065 | 4,065 | ||||||
Washington State Housing Finance Commission, Emerald Heights
(LOC: Bank of America)
|
||||||||
0.250%, 03/01/2011 Δ
|
8,070 | 8,070 | ||||||
Washington State Housing Financial Nonprofit Revenue, Skyline at
First Hill Project, Series C (LOC: Bank of
America)
|
||||||||
0.240%, 03/07/2011 Δ
|
2,800 | 2,800 | ||||||
32,760 | ||||||||
West Virginia 0.3% | ||||||||
West Virginia State Hospital Finance Authority, United Health,
Series B (LOC: JPMorgan Chase Bank)
|
||||||||
0.210%, 03/01/2011 Δ
|
2,800 | 2,800 | ||||||
Wisconsin 1.2% | ||||||||
Wisconsin State Health & Educational Facilities,
Goodwill Industries (LOC: Wells Fargo Bank)
|
||||||||
0.250%, 03/07/2011 Δ
|
805 | 805 | ||||||
Wisconsin State Health & Educational Facilities,
National Regency (LOC: JPMorgan Chase Bank)
|
||||||||
0.240%, 03/01/2011 Δ
|
1,450 | 1,450 | ||||||
Wisconsin State Health & Educational Facilities, St.
Norbert College (LOC: JPMorgan Chase Bank)
|
||||||||
0.270%, 03/07/2011 Δ
|
5,735 | 5,735 | ||||||
Wisconsin State Health & Educational Facilities,
Watertown Memorial Hospital Project (LOC: Bank One)
|
||||||||
0.240%, 03/07/2011 Δ
|
2,860 | 2,860 | ||||||
10,850 | ||||||||
Total Municipal Debt
|
||||||||
(Cost $881,479)
|
881,479 | |||||||
Government Agency
Debt 0.0%
|
||||||||
Federal Home Loan Bank
|
||||||||
0.070%, 03/01/2011
¤
|
||||||||
(Cost $269)
|
269 | 269 | ||||||
Total
Investments 5 100.5%
|
||||||||
(Cost $881,748)
|
881,748 | |||||||
Other Assets and Liabilities, Net (0.5)%
|
(4,470 | ) | ||||||
Total Net Assets 100.0%
|
$ | 877,278 | ||||||
> | Securities are valued in accordance with procedures described in note 2 in Notes to Financial Statements. | |
Δ | Variable Rate Security The rate shown is the rate in effect as of February 28, 2010. | |
n | Securities purchased within the terms of a private placement memorandum, exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other qualified institutional buyers. As of February 28, 2011, the value of these investments was $13,985 or 1.6% of total net assets. | |
¤ | Discounted Security This security makes no periodic interest payments, but is issued at a discount from par value. The rate shown is the annualized yield at the time of purchase. | |
5 | On February 28, 2011, the cost of investments for federal income tax purposes was approximately $881,748. The approximate aggregate gross unrealized appreciation and depreciation of investments, based on this cost, were both $0. |
FHLMC | Federal Home Loan Mortgage Corporation |
FNMA | Federal National Mortgage Association |
INS | Insured |
LOC | Letter of Credit |
MSDCEP | Minnesota School District Credit Enhancement Program |
PSF | Permanent School Fund |
SCSDE | South Carolina School District Enhancement Program |
SPA | Standby Purchase Agreement |
Treasury Obligations Fund | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Treasury
Debt 22.6%
|
||||||||
U.S. Treasury Strips
|
||||||||
0.153%,
05/15/2011 6
|
$ | 25,000 | $ | 24,992 | ||||
0.219%,
08/15/2011 6
|
25,000 | 24,975 | ||||||
0.262%,
11/15/2011 6
|
30,000 | 29,944 | ||||||
U.S. Treasury Notes
|
||||||||
0.875%, 04/30/2011
|
100,000 | 100,089 | ||||||
0.875%, 05/31/2011
|
100,000 | 100,148 | ||||||
4.875%, 05/31/2011
|
200,000 | 202,279 | ||||||
1.000%, 08/31/2011
|
500,000 | 501,750 | ||||||
4.625%, 08/31/2011
|
25,000 | 25,544 | ||||||
1.000%, 10/31/2011
|
350,000 | 351,744 | ||||||
4.625%, 10/31/2011
|
100,000 | 102,913 | ||||||
0.750%, 11/30/2011
|
350,000 | 351,230 | ||||||
4.500%, 11/30/2011
|
100,000 | 103,124 | ||||||
4.750%, 01/31/2012
|
200,000 | 208,161 | ||||||
Total Treasury Debt
|
||||||||
(Cost $2,126,893)
|
2,126,893 | |||||||
Treasury Repurchase
Agreements 77.4%
|
||||||||
Bank of America Securities
|
||||||||
0.170%, dated 2/28/2011, matures 03/01/2011, repurchase price
$740,697 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $755,508)
|
740,694 | 740,694 | ||||||
Barclays Capital
|
||||||||
0.180%, dated 2/28/2011, matures 03/01/2011, repurchase price
$600,003 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $612,000)
|
600,000 | 600,000 | ||||||
Credit Agricole Securities (USA)
|
||||||||
0.180%, dated 2/28/2011, matures 03/01/2011, repurchase price
$1,950,010 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $1,989,000)
|
1,950,000 | 1,950,000 | ||||||
Credit Suisse Securities USA
|
||||||||
0.180%, dated 2/28/2011, matures 03/01/2011, repurchase price
$300,002 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $306,002)
|
300,000 | 300,000 | ||||||
HSBC Securities USA
|
||||||||
0.170%, dated 2/28/2011, matures 03/01/2011, repurchase price
$900,004 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $918,002)
|
900,000 | 900,000 | ||||||
ING Financial Markets
|
||||||||
0.170%, dated 2/28/2011, matures 03/01/2011, repurchase price
$200,001 (Collateralized by U.S. Treasury Debt: Total market
value $204,005)
|
200,000 | 200,000 | ||||||
RBS Securities
|
||||||||
0.180%, dated 2/28/2011, matures 03/01/2011, repurchase price
$1,300,007 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $1,326,000)
|
1,300,000 | 1,300,000 | ||||||
Societe Generale, NY
|
||||||||
0.170%, dated 2/28/2011, matures 03/01/2011, repurchase price
$500,002 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $510,000)
|
500,000 | 500,000 | ||||||
UBS Securities
|
||||||||
0.180%, dated 2/28/2011, matures 03/01/2011, repurchase price
$800,004 (Collateralized by U.S. Treasury Debt:
|
||||||||
Total market value $816,000)
|
800,000 | 800,000 | ||||||
Total Treasury Repurchase Agreements
|
||||||||
(Cost $7,290,694)
|
7,290,694 | |||||||
Investments Purchased with
Proceeds
from Securities Lending 0.3% |
||||||||
Treasury Repurchase Agreement 0.3% | ||||||||
Credit Suisse Securities USA
|
||||||||
0.180%, dated 02/28/2011, matures 03/01/2011, repurchase price
$31,563 (Collateralized by U.S. Treasury Obligations:
|
||||||||
Total market value $32,195)
|
31,563 | 31,563 | ||||||
Money Market Fund 0.0% | ||||||||
Dreyfus Treasury Prime Cash Management Fund Institutional
Shares, 0.000% Ω
|
861 | 1 | ||||||
Total Investments Purchased with Proceeds
from Securities Lending |
||||||||
(Cost $31,564)
|
31,564 | |||||||
Total
Investments 5 100.3%
|
||||||||
(Cost $9,449,151)
|
9,449,151 | |||||||
Other Assets and Liabilities, Net (0.3)%
|
(24,734 | ) | ||||||
Total Net Assets 100.0%
|
$ | 9,424,417 | ||||||
> | Securities are valued in accordance with procedures described in note 2 in Notes to Financial Statements. | |
6 | This security or a portion of this security is out on loan at February 28, 2011. Total loaned securities had a value of $30,926 at February 28, 2011. | |
| The fund may loan securities representing up to one third of the value of its total assets (which includes collateral for securities on loan) to broker-dealers, banks, or other institutional borrowers for securities. The fund maintains collateral equal to at least 100% of the value of the securities loaned. The adequacy of the invested collateral is monitored on a daily basis. The cash collateral received is invested in U.S. Government securities or other high-grade debt obligations. See note 2 in Notes to Financial Statements. | |
Ω | The rate shown is the annualized seven-day effective yield as of February 28, 2011. | |
5 | On February 28, 2011, the cost of investments for federal income tax purposes was approximately $9,449,151. The approximate aggregate gross unrealized appreciation and depreciation of investments, based on this cost, were both $0. |
U.S. Treasury Money Market Fund | ||||||||
DESCRIPTION | PAR | VALUE > | ||||||
Treasury
Debt 100.0%
|
||||||||
U.S. Treasury Bills
Ä
|
||||||||
0.140%, 03/03/2011
|
$ | 39,953 | $ | 39,953 | ||||
0.125%, 03/10/2011
|
80,117 | 80,115 | ||||||
0.130%, 03/17/2011
|
44,948 | 44,945 | ||||||
0.128%, 03/24/2011
|
66,994 | 66,989 | ||||||
0.153%, 03/31/2011
|
782 | 782 | ||||||
0.126%, 04/07/2011
|
59,453 | 59,445 | ||||||
0.121%, 04/14/2011
|
64,537 | 64,527 | ||||||
0.125%, 04/15/2011
|
5,000 | 4,999 | ||||||
0.126%, 04/21/2011
|
17,975 | 17,972 | ||||||
0.146%, 04/28/2011
|
15,130 | 15,126 | ||||||
0.139%, 05/05/2011
|
40,000 | 39,990 | ||||||
0.143%, 05/19/2011
|
28,928 | 28,919 | ||||||
0.169%, 06/02/2011
|
1,070 | 1,070 | ||||||
0.172%, 06/09/2011
|
19,508 | 19,499 | ||||||
0.183%, 06/16/2011
|
30,502 | 30,485 | ||||||
0.191%, 06/30/2011
|
16,583 | 16,572 | ||||||
0.173%, 07/14/2011
|
222 | 222 | ||||||
0.183%, 07/21/2011
|
7,854 | 7,848 | ||||||
0.192%, 07/28/2011
|
16,308 | 16,295 | ||||||
0.167%, 08/04/2011
|
9,123 | 9,116 | ||||||
0.145%, 08/18/2011
|
595 | 595 | ||||||
0.170%, 08/25/2011
|
2,783 | 2,781 | ||||||
Total Treasury Debt
|
||||||||
(Cost $568,245)
|
568,245 | |||||||
Total
Investments 5 100.0%
|
||||||||
(Cost $568,245)
|
568,245 | |||||||
Other Assets and Liabilities, Net 0.0%
|
(35 | ) | ||||||
Total Net Assets 100.0%
|
$ | 568,210 | ||||||
> | Securities are valued in accordance with procedures described in note 2 in Notes to Financial Statements. | |
Ä | Yield shown is effective yield as of February 28, 2011. | |
5 | On February 28, 2011, the cost of investments for federal income tax purposes was approximately $568,245. The approximate aggregate gross unrealized appreciation and depreciation of investments, based on this cost, were both $0. |
Statements of Assets and Liabilities |
February 28,
2011 (unaudited), all dollars and shares are rounded to
thousands (000), except per share data |
Government |
Prime |
Tax Free |
Treasury |
U.S. Treasury |
||||||||||||||||||||||
Obligations |
Obligations |
Obligations |
Obligations |
Money Market |
||||||||||||||||||||||
Fund | Fund | Fund | Fund | Fund | ||||||||||||||||||||||
ASSETS:
|
||||||||||||||||||||||||||
Investments in securities, at value
(note 2)
|
$ | 6,916,673 | $ | 16,526,194 | $ | 881,748 | $ | 2,126,893 | $ | 568,245 | ||||||||||||||||
Investments purchased with proceeds from securities lending, at
value (note 2)
|
| | | 31,564 | | |||||||||||||||||||||
Repurchase agreements, at value (note 2)
|
5,407,883 | 2,011,423 | | 7,290,694 | | |||||||||||||||||||||
Cash
|
1 | | 1 | | | |||||||||||||||||||||
Receivable for interest
|
13,771 | 11,199 | 897 | 8,259 | | |||||||||||||||||||||
Receivable for capital shares sold
|
27 | 435 | | 5 | | |||||||||||||||||||||
Other prepaid expenses and other assets
|
108 | 204 | 12 | 124 | 6 | |||||||||||||||||||||
Total assets
|
12,338,463 | 18,549,455 | 882,658 | 9,457,539 | 568,251 | |||||||||||||||||||||
LIABILITIES:
|
||||||||||||||||||||||||||
Bank overdraft
|
| 25 | | | | |||||||||||||||||||||
Dividends payable
|
62 | 470 | | | | |||||||||||||||||||||
Payable for investments purchased
|
66,259 | 50,000 | 5,200 | | | |||||||||||||||||||||
Payable upon return of securities loaned (note 2)
|
| | | 31,564 | | |||||||||||||||||||||
Payable for capital shares redeemed
|
24 | 3,463 | | | | |||||||||||||||||||||
Payable to affiliates (note 3)
|
1,877 | 3,300 | 164 | 1,223 | 41 | |||||||||||||||||||||
Payable for distribution and shareholder servicing fees
|
82 | 437 | 15 | 317 | | |||||||||||||||||||||
Accrued expenses and other liabilities
|
18 | 18 | 1 | 18 | | |||||||||||||||||||||
Total liabilities
|
68,322 | 57,713 | 5,380 | 33,122 | 41 | |||||||||||||||||||||
Net assets
|
$ | 12,270,141 | $ | 18,491,742 | $ | 877,278 | $ | 9,424,417 | $ | 568,210 | ||||||||||||||||
COMPOSITION OF NET ASSETS:
|
||||||||||||||||||||||||||
Portfolio capital
|
$ | 12,270,159 | $ | 18,491,812 | $ | 877,272 | $ | 9,425,071 | $ | 568,191 | ||||||||||||||||
Undistributed (distributions in excess of) net investment income
|
289 | 160 | 6 | (43 | ) | (8 | ) | |||||||||||||||||||
Accumulated net realized gain (loss) on investments (note 2)
|
(307 | ) | (230 | ) | | (611 | ) | 27 | ||||||||||||||||||
Net assets
|
$ | 12,270,141 | $ | 18,491,742 | $ | 877,278 | $ | 9,424,417 | $ | 568,210 | ||||||||||||||||
Class A:
|
||||||||||||||||||||||||||
Net assets
|
$ | 253,364 | $ | 1,308,891 | $ | 74,997 | $ | 613,896 | $ | 41,806 | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
5 billion authorized*)
|
253,367 | 1,309,073 | 75,023 | 613,922 | 41,801 | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||||||
Class C:
|
||||||||||||||||||||||||||
Net assets
|
$ | | $ | 577 | $ | | $ | | $ | | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
1 billion authorized)
|
| 576 | | | | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | | $ | 1.00 | $ | | $ | | $ | | ||||||||||||||||
Class D:
|
||||||||||||||||||||||||||
Net assets
|
$ | 2,436,051 | $ | 1,275,623 | $ | 29,520 | $ | 2,464,021 | $ | 105,386 | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
20 billion authorized)
|
2,436,070 | 1,275,534 | 29,516 | 2,464,251 | 105,370 | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||||||
Class I:
|
||||||||||||||||||||||||||
Net assets
|
$ | | $ | 2,010,378 | $ | | $ | | $ | | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
20 billion authorized)
|
| 2,010,465 | | | | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | | $ | 1.00 | $ | | $ | | $ | | ||||||||||||||||
Class Y:
|
||||||||||||||||||||||||||
Net assets
|
$ | 4,333,498 | $ | 3,568,752 | $ | 571,852 | $ | 4,243,108 | $ | 317,651 | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
20 billion authorized)
|
4,333,603 | 3,568,801 | 571,822 | 4,243,373 | 317,623 | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||||||
Class Z:
|
||||||||||||||||||||||||||
Net assets
|
$ | 4,097,387 | $ | 9,551,313 | $ | 181,779 | $ | 1,219,975 | $ | 89,748 | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
20 billion authorized)
|
4,097,373 | 9,551,521 | 181,761 | 1,220,147 | 89,737 | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||||||
Institutional Investor Class:
|
||||||||||||||||||||||||||
Net assets
|
$ | 1,149,841 | $ | 776,208 | $ | 19,130 | $ | 533,322 | $ | 13,619 | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
20 billion authorized)
|
1,149,830 | 776,032 | 19,130 | 533,274 | 13,609 | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||||||
Reserve Class:
|
||||||||||||||||||||||||||
Net assets
|
$ | | $ | | $ | | $ | 350,095 | $ | | ||||||||||||||||
Shares issued and outstanding ($0.01 par value
5 billion authorized)
|
| | | 350,152 | | |||||||||||||||||||||
Net asset value, offering price, and redemption price per share
|
$ | | $ | | $ | | $ | 1.00 | $ | | ||||||||||||||||
Including securities loaned, at value
|
$ | | $ | | $ | | $ | 30,926 | $ | | ||||||||||||||||
* | 20 billion shares were authorized for U.S. Treasury Money Market Fund. |
Statements of Operations | For the six-month period ended February 28, 2011 (unaudited), all dollars are rounded to thousands (000) |
Government |
Prime |
Tax Free |
Treasury |
U.S. Treasury |
||||||||||||||||||||||
Obligations |
Obligations |
Obligations |
Obligations |
Money Market |
||||||||||||||||||||||
Fund | Fund | Fund | Fund | Fund | ||||||||||||||||||||||
INVESTMENT INCOME:
|
||||||||||||||||||||||||||
Interest income
|
$ | 15,163 | $ | 30,170 | $ | 1,259 | $ | 9,742 | $ | 412 | ||||||||||||||||
Securities lending income (note 2)
|
7 | | | 90 | | |||||||||||||||||||||
Total investment income
|
15,170 | 30,170 | 1,259 | 9,832 | 412 | |||||||||||||||||||||
EXPENSES
(note 3):
|
||||||||||||||||||||||||||
Investment advisory fees
|
6,267 | 9,159 | 458 | 4,602 | 277 | |||||||||||||||||||||
Administration fees
|
8,025 | 11,955 | 606 | 6,040 | 370 | |||||||||||||||||||||
Transfer agent fees
|
60 | 132 | 59 | 70 | 59 | |||||||||||||||||||||
Custodian fees
|
313 | 458 | 23 | 230 | 14 | |||||||||||||||||||||
Legal fees
|
9 | 9 | 9 | 9 | 9 | |||||||||||||||||||||
Audit fees
|
16 | 16 | 16 | 16 | 16 | |||||||||||||||||||||
Registration fees
|
15 | 50 | 22 | 15 | 12 | |||||||||||||||||||||
Postage and printing fees
|
98 | 138 | 8 | 61 | 4 | |||||||||||||||||||||
Directors fees
|
29 | 29 | 29 | 29 | 29 | |||||||||||||||||||||
Other fees and expenses
|
69 | 93 | 33 | 70 | 34 | |||||||||||||||||||||
Distribution and shareholder servicing (12b-1) fees:
|
||||||||||||||||||||||||||
Class A
|
326 | 1,618 | 96 | 888 | 53 | |||||||||||||||||||||
Class B
|
| 2 | | | | |||||||||||||||||||||
Class C
|
| 7 | | | | |||||||||||||||||||||
Class D
|
1,771 | 1,042 | 24 | 1,849 | 89 | |||||||||||||||||||||
Reserve Class
|
| | | 1,021 | | |||||||||||||||||||||
Shareholder servicing (non 12b-1) fees:
|
||||||||||||||||||||||||||
Class A
|
326 | 1,618 | 96 | 888 | 53 | |||||||||||||||||||||
Class D
|
2,952 | 1,737 | 40 | 3,081 | 148 | |||||||||||||||||||||
Class I
|
| 1,652 | | | | |||||||||||||||||||||
Class Y
|
5,693 | 4,385 | 689 | 4,753 | 363 | |||||||||||||||||||||
Reserve Class
|
| | | 510 | | |||||||||||||||||||||
Institutional Investor Class
|
562 | 404 | 9 | 265 | 13 | |||||||||||||||||||||
Total expenses
|
26,531 | 34,504 | 2,217 | 24,397 | 1,543 | |||||||||||||||||||||
Less: Fee waivers (note 3)
|
(11,700 | ) | (8,817 | ) | (973 | ) | (14,587 | ) | (1,131 | ) | ||||||||||||||||
Total net expenses
|
14,831 | 25,687 | 1,244 | 9,810 | 412 | |||||||||||||||||||||
Investment income net
|
339 | 4,483 | 15 | 22 | | |||||||||||||||||||||
Net gain on investments
|
2 | 12 | | 6 | 8 | |||||||||||||||||||||
Net increase in net assets resulting from operations
|
$ | 341 | $ | 4,495 | $ | 15 | $ | 28 | $ | 8 | ||||||||||||||||
Statements of Changes in Net Assets | all dollars are rounded to thousands (000) |
Government |
Prime |
||||||||||||||||||
Obligations Fund | Obligations Fund | ||||||||||||||||||
Six-Month |
Six-Month |
||||||||||||||||||
Period Ended |
Period Ended |
||||||||||||||||||
2/28/11 |
Year Ended |
2/28/11 |
Year Ended |
||||||||||||||||
(unaudited) | 8/31/10 | (unaudited) | 8/31/10 | ||||||||||||||||
OPERATIONS:
|
|||||||||||||||||||
Investment income net
|
$ | 339 | $ | 2,867 | $ | 4,483 | $ | 13,014 | |||||||||||
Net realized gain (loss) on investments
|
2 | 119 | 12 | 176 | |||||||||||||||
Net increase (decrease) in net assets resulting from operations
|
341 | 2,986 | 4,495 | 13,190 | |||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS
FROM:
|
|||||||||||||||||||
Investment income net:
|
|||||||||||||||||||
Class A
|
| | | (33 | ) | ||||||||||||||
Class C
|
| | | | |||||||||||||||
Class D
|
| | | (36 | ) | ||||||||||||||
Class I
|
| | | (45 | ) | ||||||||||||||
Class Y
|
| | | (97 | ) | ||||||||||||||
Class Z
|
(339 | ) | (2,738 | ) | (4,458 | ) | (12,463 | ) | |||||||||||
Institutional Investor Class
|
| (129 | ) | (25 | ) | (340 | ) | ||||||||||||
Reserve Class
|
| | | | |||||||||||||||
Total distributions
|
(339 | ) | (2,867 | ) | (4,483 | ) | (13,014 | ) | |||||||||||
CAPITAL SHARE TRANSACTIONS AT
NET ASSET VALUE OF $1.00 PER SHARE:
|
|||||||||||||||||||
Class A:
|
|||||||||||||||||||
Proceeds from sales
|
328,234 | 1,357,368 | 1,327,942 | 2,644,701 | |||||||||||||||
Reinvestment of distributions
|
| | 23 | | |||||||||||||||
Payments for redemptions
|
(370,309 | ) | (1,592,243 | ) | (1,343,162 | ) | (2,997,343 | ) | |||||||||||
Increase (decrease) in net assets from Class A transactions
|
(42,075 | ) | (234,875 | ) | (15,197 | ) | (352,642 | ) | |||||||||||
Class B:
|
|||||||||||||||||||
Proceeds from sales
|
| | | 740 | |||||||||||||||
Reinvestment of distributions
|
| | | | |||||||||||||||
Payments for redemptions
|
| | (1,154 | ) | (1,030 | ) | |||||||||||||
Decrease in net assets from Class B transactions
|
| | (1,154 | ) | (290 | ) | |||||||||||||
Class C:
|
|||||||||||||||||||
Proceeds from sales
|
| | 50 | 1,051 | |||||||||||||||
Reinvestment of distributions
|
| | | | |||||||||||||||
Payments for redemptions
|
| | (2,016 | ) | (1,816 | ) | |||||||||||||
Decrease in net assets from Class C transactions
|
| | (1,966 | ) | (765 | ) | |||||||||||||
Class D:
|
|||||||||||||||||||
Proceeds from sales
|
3,871,471 | 9,424,827 | 2,095,912 | 5,203,670 | |||||||||||||||
Reinvestment of distributions
|
| | | | |||||||||||||||
Payments for redemptions
|
(3,961,376 | ) | (9,872,773 | ) | (2,333,430 | ) | (6,163,678 | ) | |||||||||||
Increase (decrease) in net assets from Class D transactions
|
(89,905 | ) | (447,946 | ) | (237,518 | ) | (960,008 | ) | |||||||||||
Class I:
|
|||||||||||||||||||
Proceeds from sales
|
| | 7,865,234 | 13,682,893 | |||||||||||||||
Reinvestment of distributions
|
| | 1 | 1 | |||||||||||||||
Payments for redemptions
|
| | (7,488,222 | ) | (17,325,045 | ) | |||||||||||||
Increase (decrease) in net assets from Class I transactions
|
| | 377,013 | (3,642,151 | ) | ||||||||||||||
Class Y:
|
|||||||||||||||||||
Proceeds from sales
|
14,285,208 | 21,924,830 | 52,061,375 | 88,360,691 | |||||||||||||||
Reinvestment of distributions
|
| | 18 | 16 | |||||||||||||||
Payments for redemptions
|
(15,093,063 | ) | (23,620,941 | ) | (52,233,701 | ) | (91,869,250 | ) | |||||||||||
Increase (decrease) in net assets from Class Y transactions
|
(807,855 | ) | (1,696,111 | ) | (172,308 | ) | (3,508,543 | ) | |||||||||||
Class Z:
|
|||||||||||||||||||
Proceeds from sales
|
42,837,129 | 60,736,061 | 19,186,973 | 60,402,827 | |||||||||||||||
Reinvestment of distributions
|
130 | 652 | 301 | 1,840 | |||||||||||||||
Payments for redemptions
|
(43,032,449 | ) | (64,846,723 | ) | (19,244,044 | ) | (64,542,541 | ) | |||||||||||
Decrease in net assets from Class Z transactions
|
(195,190 | ) | (4,110,010 | ) | (56,770 | ) | (4,137,874 | ) | |||||||||||
Institutional Investor Class:
|
|||||||||||||||||||
Proceeds from sales
|
2,510,125 | 12,166,569 | 4,229,130 | 7,716,104 | |||||||||||||||
Reinvestment of distributions
|
| 3 | 1 | 7 | |||||||||||||||
Payments for redemptions
|
(2,443,119 | ) | (13,958,791 | ) | (4,378,785 | ) | (8,484,233 | ) | |||||||||||
Increase (decrease) in net assets from Institutional Investor
Class transactions
|
67,006 | (1,792,219 | ) | (149,654 | ) | (768,122 | ) | ||||||||||||
Reserve Class:
|
|||||||||||||||||||
Proceeds from sales
|
| | | | |||||||||||||||
Reinvestment of distributions
|
| | | | |||||||||||||||
Payments for redemptions
|
| | | | |||||||||||||||
Decrease in net assets from Reserve Class transactions
|
| | | | |||||||||||||||
Increase (decrease) in net assets from capital share transactions
|
(1,068,019 | ) | (8,281,161 | ) | (257,554 | ) | (13,370,395 | ) | |||||||||||
Total increase (decrease) in net assets
|
(1,068,017 | ) | (8,281,042 | ) | (257,542 | ) | (13,370,219 | ) | |||||||||||
Net assets at beginning of period
|
13,338,158 | 21,619,200 | 18,749,284 | 32,119,503 | |||||||||||||||
Net assets at end of period
|
$ | 12,270,141 | $ | 13,338,158 | $ | 18,491,742 | $ | 18,749,284 | |||||||||||
Undistributed (distributions in excess of) net investment
income
|
$ | 289 | $ | (37 | ) | $ | 160 | $ | 160 | ||||||||||
Tax Free |
Treasury |
U.S. Treasury |
||||||||||||||||||||||||||
Obligations Fund | Obligations Fund | Money Market Fund | ||||||||||||||||||||||||||
Six-Month |
Six-Month |
Six-Month |
||||||||||||||||||||||||||
Period Ended |
Period Ended |
Period Ended |
||||||||||||||||||||||||||
2/28/11 |
Year Ended |
2/28/11 |
Year Ended |
2/28/11 |
Year Ended |
|||||||||||||||||||||||
(unaudited) | 8/31/10 | (unaudited) | 8/31/10 | (unaudited) | 8/31/10 | |||||||||||||||||||||||
$ | 15 | $ | 165 | $ | 22 | $ | 116 | $ | | $ | | |||||||||||||||||
| 2 | 6 | (541 | ) | 8 | 19 | ||||||||||||||||||||||
15 | 167 | 28 | (425 | ) | 8 | 19 | ||||||||||||||||||||||
| (4 | ) | | (8 | ) | | | |||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| (1 | ) | | (26 | ) | | | |||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| (28 | ) | | (33 | ) | | | |||||||||||||||||||||
(15 | ) | (131 | ) | (22 | ) | (40 | ) | | | |||||||||||||||||||
| (1 | ) | | (5 | ) | | | |||||||||||||||||||||
| | | (4 | ) | | | ||||||||||||||||||||||
(15 | ) | (165 | ) | (22 | ) | (116 | ) | | | |||||||||||||||||||
74,113 | 135,792 | 822,947 | 2,054,150 | 23,402 | 116,419 | |||||||||||||||||||||||
2 | | | | | | |||||||||||||||||||||||
(73,419 | ) | (186,021 | ) | (1,077,710 | ) | (2,125,820 | ) | (33,086 | ) | (127,125 | ) | |||||||||||||||||
696 | (50,229 | ) | (254,763 | ) | (71,670 | ) | (9,684 | ) | (10,706 | ) | ||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
37,460 | 50,278 | 3,691,939 | 6,239,051 | 196,818 | 607,563 | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
(36,320 | ) | (70,782 | ) | (3,936,690 | ) | (6,941,544 | ) | (207,068 | ) | (625,814 | ) | |||||||||||||||||
1,140 | (20,504 | ) | (244,751 | ) | (702,493 | ) | (10,250 | ) | (18,251 | ) | ||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
1,068,048 | 1,255,154 | 7,820,983 | 13,514,189 | 1,528,286 | 1,810,752 | |||||||||||||||||||||||
1 | | 1 | | | | |||||||||||||||||||||||
(1,070,056 | ) | (1,434,703 | ) | (6,875,802 | ) | (14,908,262 | ) | (1,526,334 | ) | (1,921,942 | ) | |||||||||||||||||
(2,007 | ) | (179,549 | ) | 945,182 | (1,394,073 | ) | 1,952 | (111,190 | ) | |||||||||||||||||||
247,738 | 1,066,951 | 3,997,604 | 8,081,976 | 199,616 | 259,845 | |||||||||||||||||||||||
| 5 | 17 | 11 | | | |||||||||||||||||||||||
(414,214 | ) | (1,450,172 | ) | (4,176,546 | ) | (8,609,911 | ) | (206,904 | ) | (400,299 | ) | |||||||||||||||||
(166,476 | ) | (383,216 | ) | (178,925 | ) | (527,924 | ) | (7,288 | ) | (140,454 | ) | |||||||||||||||||
168,085 | 133,271 | 1,339,438 | 3,945,889 | 62,071 | 560,488 | |||||||||||||||||||||||
| | | | | | |||||||||||||||||||||||
(161,400 | ) | (136,037 | ) | (1,286,865 | ) | (3,991,175 | ) | (85,648 | ) | (672,943 | ) | |||||||||||||||||
6,685 | (2,766 | ) | 52,573 | (45,286 | ) | (23,577 | ) | (112,455 | ) | |||||||||||||||||||
| | 531,055 | 783,113 | | | |||||||||||||||||||||||
| | 1 | | | | |||||||||||||||||||||||
| | (597,314 | ) | (969,065 | ) | | | |||||||||||||||||||||
| | (66,258 | ) | (185,952 | ) | | | |||||||||||||||||||||
(159,962 | ) | (636,264 | ) | 253,058 | (2,927,398 | ) | (48,847 | ) | (393,056 | ) | ||||||||||||||||||
(159,962 | ) | (636,262 | ) | 253,064 | (2,927,939 | ) | (48,839 | ) | (393,037 | ) | ||||||||||||||||||
1,037,240 | 1,673,502 | 9,171,353 | 12,099,292 | 617,049 | 1,010,086 | |||||||||||||||||||||||
$ | 877,278 | $ | 1,037,240 | $ | 9,424,417 | $ | 9,171,353 | $ | 568,210 | $ | 617,049 | |||||||||||||||||
$ | 6 | $ | 88 | $ | (43 | ) | $ | (16 | ) | $ | (8 | ) | $ | (3 | ) | |||||||||||||
Net Asset |
Distributions |
Net Asset |
||||||||||||||||||||||||
Value |
Net |
from Net |
Value |
|||||||||||||||||||||||
Beginning |
Investment |
Investment |
End of |
Total |
||||||||||||||||||||||
of Period | Income | Income | Period | Return4 | ||||||||||||||||||||||
Government Obligations Fund
|
||||||||||||||||||||||||||
Class A
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.004 | (0.004 | ) | 1.00 | 0.36 | ||||||||||||||||||||
20082
|
1.00 | 0.028 | (0.028 | ) | 1.00 | 2.79 | ||||||||||||||||||||
20072
|
1.00 | 0.046 | (0.046 | ) | 1.00 | 4.66 | ||||||||||||||||||||
20062
|
1.00 | 0.038 | (0.038 | ) | 1.00 | 3.86 | ||||||||||||||||||||
Class D
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.004 | (0.004 | ) | 1.00 | 0.44 | ||||||||||||||||||||
20082
|
1.00 | 0.029 | (0.029 | ) | 1.00 | 2.95 | ||||||||||||||||||||
20072
|
1.00 | 0.047 | (0.047 | ) | 1.00 | 4.82 | ||||||||||||||||||||
20062
|
1.00 | 0.039 | (0.039 | ) | 1.00 | 4.01 | ||||||||||||||||||||
Class Y
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.005 | (0.005 | ) | 1.00 | 0.55 | ||||||||||||||||||||
20082
|
1.00 | 0.031 | (0.031 | ) | 1.00 | 3.10 | ||||||||||||||||||||
20072
|
1.00 | 0.049 | (0.049 | ) | 1.00 | 4.97 | ||||||||||||||||||||
20062
|
1.00 | 0.041 | (0.041 | ) | 1.00 | 4.17 | ||||||||||||||||||||
Class Z
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | 0.000 | 5 | $ | (0.000 | )5 | $ | 1.00 | 0.01 | % | ||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.04 | |||||||||||||||||||
20092
|
1.00 | 0.008 | (0.008 | ) | 1.00 | 0.79 | ||||||||||||||||||||
20082
|
1.00 | 0.033 | (0.033 | ) | 1.00 | 3.36 | ||||||||||||||||||||
20072
|
1.00 | 0.051 | (0.051 | ) | 1.00 | 5.23 | ||||||||||||||||||||
20062
|
1.00 | 0.043 | (0.043 | ) | 1.00 | 4.43 | ||||||||||||||||||||
Institutional Investor Class
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.007 | (0.007 | ) | 1.00 | 0.69 | ||||||||||||||||||||
20082
|
1.00 | 0.032 | (0.032 | ) | 1.00 | 3.25 | ||||||||||||||||||||
20072
|
1.00 | 0.050 | (0.050 | ) | 1.00 | 5.13 | ||||||||||||||||||||
20063
|
1.00 | 0.020 | (0.020 | ) | 1.00 | 2.03 | ||||||||||||||||||||
1 | For the six-month period ended February 28, 2011 (unaudited). All ratios for the period have been annualized, except total return. | |
2 | For the period September 1 to August 31 in the fiscal year indicated. | |
3 | For the period from March 31, 2006, when the class of shares was first offered, to August 31, 2006. All ratios for the period have been annualized, except total return. | |
4 | Total return would have been lower had certain expenses not been waived. | |
5 | Rounds to zero. |
Ratio of Net |
||||||||||||||||||||||||||
Ratio of |
Investment |
|||||||||||||||||||||||||
Ratio of Net |
Expenses |
Income (Loss) |
||||||||||||||||||||||||
Ratio of |
Investment |
to Average |
to Average |
|||||||||||||||||||||||
Net Assets |
Expenses to |
Income |
Net Assets |
Net Assets |
||||||||||||||||||||||
End of |
Average |
to Average |
(Excluding |
(Excluding |
||||||||||||||||||||||
Period (000) | Net Assets | Net Assets | Waivers) | Waivers) | ||||||||||||||||||||||
$ | 253,364 | 0.24 | % | 0.00 | % | 0.79 | % | (0.55 | )% | |||||||||||||||||
295,439 | 0.27 | 0.00 | 0.78 | (0.51 | ) | |||||||||||||||||||||
530,312 | 0.67 | 0.31 | 0.79 | 0.19 | ||||||||||||||||||||||
710,680 | 0.75 | 2.58 | 0.78 | 2.55 | ||||||||||||||||||||||
384,673 | 0.75 | 4.56 | 0.78 | 4.53 | ||||||||||||||||||||||
429,573 | 0.75 | 3.96 | 0.80 | 3.91 | ||||||||||||||||||||||
$ | 2,436,051 | 0.24 | % | 0.00 | % | 0.64 | % | (0.40 | )% | |||||||||||||||||
2,525,955 | 0.27 | 0.00 | 0.63 | (0.36 | ) | |||||||||||||||||||||
2,973,885 | 0.59 | 0.40 | 0.65 | 0.34 | ||||||||||||||||||||||
2,628,910 | 0.60 | 2.59 | 0.63 | 2.56 | ||||||||||||||||||||||
1,320,996 | 0.60 | 4.71 | 0.63 | 4.68 | ||||||||||||||||||||||
1,307,002 | 0.60 | 3.90 | 0.65 | 3.85 | ||||||||||||||||||||||
$ | 4,333,498 | 0.24 | % | 0.00 | % | 0.49 | % | (0.25 | )% | |||||||||||||||||
5,141,352 | 0.27 | 0.00 | 0.48 | (0.21 | ) | |||||||||||||||||||||
6,837,427 | 0.48 | 0.52 | 0.50 | 0.50 | ||||||||||||||||||||||
6,935,957 | 0.45 | 2.81 | 0.48 | 2.78 | ||||||||||||||||||||||
3,649,102 | 0.45 | 4.86 | 0.48 | 4.83 | ||||||||||||||||||||||
3,128,539 | 0.45 | 4.17 | 0.50 | 4.12 | ||||||||||||||||||||||
$ | 4,097,387 | 0.23 | % | 0.02 | % | 0.24 | % | 0.01 | % | |||||||||||||||||
4,292,577 | 0.23 | 0.05 | 0.23 | 0.05 | ||||||||||||||||||||||
8,402,541 | 0.24 | 0.59 | 0.24 | 0.59 | ||||||||||||||||||||||
1,915,386 | 0.20 | 3.04 | 0.23 | 3.01 | ||||||||||||||||||||||
784,556 | 0.20 | 5.10 | 0.23 | 5.07 | ||||||||||||||||||||||
434,248 | 0.20 | 4.34 | 0.25 | 4.29 | ||||||||||||||||||||||
$ | 1,149,841 | 0.24 | % | 0.00 | % | 0.34 | % | (0.10 | )% | |||||||||||||||||
1,082,835 | 0.27 | 0.01 | 0.33 | (0.05 | ) | |||||||||||||||||||||
2,875,035 | 0.34 | 0.49 | 0.34 | 0.49 | ||||||||||||||||||||||
461,342 | 0.30 | 3.16 | 0.33 | 3.13 | ||||||||||||||||||||||
442,701 | 0.30 | 5.01 | 0.33 | 4.98 | ||||||||||||||||||||||
19,271 | 0.30 | 4.90 | 0.35 | 4.85 | ||||||||||||||||||||||
Net Asset |
Distributions |
Net Asset |
||||||||||||||||||||||||
Value |
Net |
from Net |
Value |
|||||||||||||||||||||||
Beginning |
Investment |
Investment |
End of |
Total |
||||||||||||||||||||||
of Period | Income | Income | Period | Return4 | ||||||||||||||||||||||
Prime Obligations Fund
|
||||||||||||||||||||||||||
Class A
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.007 | (0.007 | ) | 1.00 | 0.67 | ||||||||||||||||||||
20082
|
1.00 | 0.031 | (0.031 | ) | 1.00 | 3.17 | ||||||||||||||||||||
20072
|
1.00 | 0.046 | (0.046 | ) | 1.00 | 4.70 | ||||||||||||||||||||
20062
|
1.00 | 0.038 | (0.038 | ) | 1.00 | 3.88 | ||||||||||||||||||||
Class C
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.004 | (0.004 | ) | 1.00 | 0.45 | ||||||||||||||||||||
20082
|
1.00 | 0.027 | (0.027 | ) | 1.00 | 2.71 | ||||||||||||||||||||
20072
|
1.00 | 0.042 | (0.042 | ) | 1.00 | 4.26 | ||||||||||||||||||||
20062
|
1.00 | 0.034 | (0.034 | ) | 1.00 | 3.42 | ||||||||||||||||||||
Class D
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.008 | (0.008 | ) | 1.00 | 0.79 | ||||||||||||||||||||
20082
|
1.00 | 0.033 | (0.033 | ) | 1.00 | 3.32 | ||||||||||||||||||||
20072
|
1.00 | 0.048 | (0.048 | ) | 1.00 | 4.86 | ||||||||||||||||||||
20062
|
1.00 | 0.040 | (0.040 | ) | 1.00 | 4.04 | ||||||||||||||||||||
Class I
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.010 | (0.010 | ) | 1.00 | 0.98 | ||||||||||||||||||||
20082
|
1.00 | 0.035 | (0.035 | ) | 1.00 | 3.56 | ||||||||||||||||||||
20072
|
1.00 | 0.050 | (0.050 | ) | 1.00 | 5.10 | ||||||||||||||||||||
20062
|
1.00 | 0.042 | (0.042 | ) | 1.00 | 4.28 | ||||||||||||||||||||
Class Y
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.009 | (0.009 | ) | 1.00 | 0.92 | ||||||||||||||||||||
20082
|
1.00 | 0.034 | (0.034 | ) | 1.00 | 3.48 | ||||||||||||||||||||
20072
|
1.00 | 0.049 | (0.049 | ) | 1.00 | 5.02 | ||||||||||||||||||||
20062
|
1.00 | 0.041 | (0.041 | ) | 1.00 | 4.20 | ||||||||||||||||||||
Class Z
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | 0.001 | $ | (0.001 | ) | $ | 1.00 | 0.05 | % | |||||||||||||||
20102
|
1.00 | 0.001 | (0.001 | ) | 1.00 | 0.10 | ||||||||||||||||||||
20092
|
1.00 | 0.012 | (0.012 | ) | 1.00 | 1.18 | ||||||||||||||||||||
20082
|
1.00 | 0.037 | (0.037 | ) | 1.00 | 3.77 | ||||||||||||||||||||
20072
|
1.00 | 0.052 | (0.052 | ) | 1.00 | 5.31 | ||||||||||||||||||||
20062
|
1.00 | 0.044 | (0.044 | ) | 1.00 | 4.49 | ||||||||||||||||||||
Institutional Investor Class
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | 0.000 | 5 | $ | (0.000 | )5 | $ | 1.00 | 0.00 | % | ||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.02 | |||||||||||||||||||
20092
|
1.00 | 0.011 | (0.011 | ) | 1.00 | 1.08 | ||||||||||||||||||||
20082
|
1.00 | 0.036 | (0.036 | ) | 1.00 | 3.66 | ||||||||||||||||||||
20072
|
1.00 | 0.051 | (0.051 | ) | 1.00 | 5.20 | ||||||||||||||||||||
20063
|
1.00 | 0.020 | (0.020 | ) | 1.00 | 2.05 | ||||||||||||||||||||
1 | For the six-month period ended February 28, 2011 (unaudited). All ratios for the period have been annualized, except total return. | |
2 | For the period September 1 to August 31 in the fiscal year indicated. | |
3 | For the period from March 31, 2006, when the class of shares was first offered, to August 31, 2006. All ratios for the period have been annualized, except total return. | |
4 | Total return would have been lower had certain expenses not been waived. | |
5 | Rounds to zero. |
Ratio of Net |
||||||||||||||||||||||||||
Ratio of |
Investment |
|||||||||||||||||||||||||
Ratio of Net |
Expenses |
Income (Loss) |
||||||||||||||||||||||||
Ratio of |
Investment |
to Average |
to Average |
|||||||||||||||||||||||
Net Assets |
Expenses to |
Income |
Net Assets |
Net Assets |
||||||||||||||||||||||
End of |
Average |
to Average |
(Excluding |
(Excluding |
||||||||||||||||||||||
Period (000) | Net Assets | Net Assets | Waivers) | Waivers) | ||||||||||||||||||||||
$ | 1,308,891 | 0.33 | % | 0.00 | % | 0.79 | % | (0.46 | )% | |||||||||||||||||
1,324,087 | 0.33 | 0.00 | 0.78 | (0.45 | ) | |||||||||||||||||||||
1,676,718 | 0.76 | 0.71 | 0.81 | 0.66 | ||||||||||||||||||||||
2,315,088 | 0.78 | 3.08 | 0.78 | 3.08 | ||||||||||||||||||||||
2,048,485 | 0.78 | 4.60 | 0.78 | 4.60 | ||||||||||||||||||||||
1,707,450 | 0.78 | 3.81 | 0.79 | 3.80 | ||||||||||||||||||||||
$ | 577 | 0.34 | % | 0.00 | % | 1.24 | % | (0.90 | )% | |||||||||||||||||
2,543 | 0.33 | 0.00 | 1.23 | (0.90 | ) | |||||||||||||||||||||
3,312 | 0.98 | 0.43 | 1.26 | 0.15 | ||||||||||||||||||||||
5,060 | 1.23 | 2.65 | 1.23 | 2.65 | ||||||||||||||||||||||
10,545 | 1.23 | 4.18 | 1.23 | 4.18 | ||||||||||||||||||||||
14,486 | 1.23 | 3.41 | 1.24 | 3.40 | ||||||||||||||||||||||
$ | 1,275,623 | 0.33 | % | 0.00 | % | 0.64 | % | (0.31 | )% | |||||||||||||||||
1,513,140 | 0.34 | 0.00 | 0.64 | (0.30 | ) | |||||||||||||||||||||
2,473,134 | 0.64 | 0.71 | 0.66 | 0.69 | ||||||||||||||||||||||
1,936,019 | 0.63 | 3.07 | 0.63 | 3.07 | ||||||||||||||||||||||
1,102,093 | 0.63 | 4.76 | 0.63 | 4.76 | ||||||||||||||||||||||
965,305 | 0.63 | 4.00 | 0.64 | 3.99 | ||||||||||||||||||||||
$ | 2,010,378 | 0.33 | % | 0.00 | % | 0.44 | % | (0.11 | )% | |||||||||||||||||
1,633,364 | 0.34 | 0.00 | 0.43 | (0.09 | ) | |||||||||||||||||||||
5,275,495 | 0.45 | 0.81 | 0.46 | 0.80 | ||||||||||||||||||||||
1,608,965 | 0.40 | 3.49 | 0.43 | 3.46 | ||||||||||||||||||||||
1,652,385 | 0.40 | 4.98 | 0.43 | 4.95 | ||||||||||||||||||||||
1,932,477 | 0.40 | 4.16 | 0.44 | 4.12 | ||||||||||||||||||||||
$ | 3,568,752 | 0.33 | % | 0.00 | % | 0.49 | % | (0.16 | )% | |||||||||||||||||
3,741,060 | 0.34 | 0.00 | 0.48 | (0.14 | ) | |||||||||||||||||||||
7,249,566 | 0.51 | 0.89 | 0.51 | 0.89 | ||||||||||||||||||||||
8,092,898 | 0.48 | 3.35 | 0.48 | 3.35 | ||||||||||||||||||||||
6,189,316 | 0.48 | 4.90 | 0.48 | 4.90 | ||||||||||||||||||||||
5,900,840 | 0.48 | 4.15 | 0.49 | 4.14 | ||||||||||||||||||||||
$ | 9,551,313 | 0.24 | % | 0.09 | % | 0.24 | % | 0.09 | % | |||||||||||||||||
9,608,076 | 0.23 | 0.10 | 0.23 | 0.10 | ||||||||||||||||||||||
13,745,864 | 0.25 | 1.03 | 0.26 | 1.02 | ||||||||||||||||||||||
8,864,378 | 0.20 | 3.49 | 0.23 | 3.46 | ||||||||||||||||||||||
6,100,756 | 0.20 | 5.19 | 0.23 | 5.16 | ||||||||||||||||||||||
5,095,307 | 0.20 | 4.48 | 0.24 | 4.44 | ||||||||||||||||||||||
$ | 776,208 | 0.32 | % | 0.01 | % | 0.33 | % | 0.00 | % | |||||||||||||||||
925,862 | 0.31 | 0.03 | 0.33 | 0.01 | ||||||||||||||||||||||
1,693,975 | 0.35 | 0.95 | 0.36 | 0.94 | ||||||||||||||||||||||
1,354,758 | 0.30 | 3.64 | 0.33 | 3.61 | ||||||||||||||||||||||
777,714 | 0.30 | 5.09 | 0.33 | 5.06 | ||||||||||||||||||||||
228,587 | 0.30 | 4.93 | 0.34 | 4.89 | ||||||||||||||||||||||
Net Asset |
Distributions |
Net Asset |
||||||||||||||||||||||||
Value |
Net |
from Net |
Value |
|||||||||||||||||||||||
Beginning |
Investment |
Investment |
End of |
Total |
||||||||||||||||||||||
of Period | Income | Income | Period | Return4 | ||||||||||||||||||||||
Tax Free Obligations Fund
|
||||||||||||||||||||||||||
Class A
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.004 | (0.004 | ) | 1.00 | 0.47 | ||||||||||||||||||||
20082
|
1.00 | 0.018 | (0.018 | ) | 1.00 | 1.86 | ||||||||||||||||||||
20072
|
1.00 | 0.029 | (0.029 | ) | 1.00 | 2.94 | ||||||||||||||||||||
20062
|
1.00 | 0.024 | (0.024 | ) | 1.00 | 2.45 | ||||||||||||||||||||
Class D
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.005 | (0.005 | ) | 1.00 | 0.52 | ||||||||||||||||||||
20082
|
1.00 | 0.020 | (0.020 | ) | 1.00 | 2.01 | ||||||||||||||||||||
20072
|
1.00 | 0.031 | (0.031 | ) | 1.00 | 3.09 | ||||||||||||||||||||
20062
|
1.00 | 0.026 | (0.026 | ) | 1.00 | 2.61 | ||||||||||||||||||||
Class Y
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.006 | (0.006 | ) | 1.00 | 0.59 | ||||||||||||||||||||
20082
|
1.00 | 0.021 | (0.021 | ) | 1.00 | 2.17 | ||||||||||||||||||||
20072
|
1.00 | 0.032 | (0.032 | ) | 1.00 | 3.25 | ||||||||||||||||||||
20062
|
1.00 | 0.027 | (0.027 | ) | 1.00 | 2.76 | ||||||||||||||||||||
Class Z
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | 0.000 | 5 | $ | (0.000 | )5 | $ | 1.00 | 0.01 | % | ||||||||||||||
20102
|
1.00 | | | 1.00 | 0.03 | |||||||||||||||||||||
20092
|
1.00 | 0.008 | (0.008 | ) | 1.00 | 0.80 | ||||||||||||||||||||
20082
|
1.00 | 0.024 | (0.024 | ) | 1.00 | 2.42 | ||||||||||||||||||||
20072
|
1.00 | 0.035 | (0.035 | ) | 1.00 | 3.51 | ||||||||||||||||||||
20062
|
1.00 | 0.030 | (0.030 | ) | 1.00 | 3.02 | ||||||||||||||||||||
Institutional Investor Class
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.01 | |||||||||||||||||||
20092
|
1.00 | 0.007 | (0.007 | ) | 1.00 | 0.70 | ||||||||||||||||||||
20082
|
1.00 | 0.023 | (0.023 | ) | 1.00 | 2.32 | ||||||||||||||||||||
20072
|
1.00 | 0.034 | (0.034 | ) | 1.00 | 3.40 | ||||||||||||||||||||
20063
|
1.00 | 0.014 | (0.014 | ) | 1.00 | 1.37 | ||||||||||||||||||||
1 | For the six-month period ended February 28, 2011 (unaudited). All ratios for the period have been annualized, except total return. | |
2 | For the period September 1 to August 31 in the fiscal year indicated. | |
3 | For the period from March 31, 2006, when the class of shares was first offered, to August 31, 2006. All ratios for the period have been annualized, except total return. | |
4 | Total return would have been lower had certain expenses not been waived. | |
5 | Rounds to zero. |
Ratio of Net |
||||||||||||||||||||||||||
Ratio of |
Investment |
|||||||||||||||||||||||||
Ratio of Net |
Expenses |
Income (Loss) |
||||||||||||||||||||||||
Ratio of |
Investment |
to Average |
to Average |
|||||||||||||||||||||||
Net Assets |
Expenses to |
Income |
Net Assets |
Net Assets |
||||||||||||||||||||||
End of |
Average |
to Average |
(Excluding |
(Excluding |
||||||||||||||||||||||
Period (000) | Net Assets | Net Assets | Waivers) | Waivers) | ||||||||||||||||||||||
$ | 74,997 | 0.28 | % | 0.00 | % | 0.83 | % | (0.55 | )% | |||||||||||||||||
74,301 | 0.26 | 0.00 | 0.81 | (0.55 | ) | |||||||||||||||||||||
124,530 | 0.63 | 0.60 | 0.83 | 0.40 | ||||||||||||||||||||||
255,762 | 0.75 | 1.80 | 0.79 | 1.76 | ||||||||||||||||||||||
172,416 | 0.75 | 2.90 | 0.80 | 2.85 | ||||||||||||||||||||||
172,800 | 0.75 | 2.43 | 0.80 | 2.38 | ||||||||||||||||||||||
$ | 29,520 | 0.27 | % | 0.00 | % | 0.67 | % | (0.40 | )% | |||||||||||||||||
28,380 | 0.26 | 0.00 | 0.66 | (0.40 | ) | |||||||||||||||||||||
48,884 | 0.57 | 0.64 | 0.68 | 0.53 | ||||||||||||||||||||||
159,924 | 0.60 | 1.75 | 0.64 | 1.71 | ||||||||||||||||||||||
51,119 | 0.60 | 3.05 | 0.65 | 3.00 | ||||||||||||||||||||||
47,306 | 0.60 | 2.60 | 0.65 | 2.55 | ||||||||||||||||||||||
$ | 571,852 | 0.28 | % | 0.00 | % | 0.53 | % | (0.25 | )% | |||||||||||||||||
573,858 | 0.26 | 0.00 | 0.51 | (0.25 | ) | |||||||||||||||||||||
753,405 | 0.49 | 0.69 | 0.53 | 0.65 | ||||||||||||||||||||||
1,281,930 | 0.45 | 2.12 | 0.49 | 2.08 | ||||||||||||||||||||||
1,197,152 | 0.45 | 3.20 | 0.50 | 3.15 | ||||||||||||||||||||||
884,041 | 0.45 | 2.71 | 0.50 | 2.66 | ||||||||||||||||||||||
$ | 181,779 | 0.26 | % | 0.01 | % | 0.27 | % | 0.00 | % | |||||||||||||||||
348,256 | 0.24 | 0.03 | 0.26 | 0.01 | ||||||||||||||||||||||
731,472 | 0.27 | 0.75 | 0.28 | 0.74 | ||||||||||||||||||||||
644,429 | 0.20 | 2.52 | 0.24 | 2.48 | ||||||||||||||||||||||
923,878 | 0.20 | 3.46 | 0.25 | 3.41 | ||||||||||||||||||||||
711,489 | 0.20 | 2.99 | 0.25 | 2.94 | ||||||||||||||||||||||
$ | 19,130 | 0.27 | % | 0.00 | % | 0.37 | % | (0.10 | )% | |||||||||||||||||
12,445 | 0.25 | 0.00 | 0.35 | (0.10 | ) | |||||||||||||||||||||
15,211 | 0.37 | 0.80 | 0.38 | 0.79 | ||||||||||||||||||||||
41,342 | 0.30 | 2.31 | 0.34 | 2.27 | ||||||||||||||||||||||
35,327 | 0.30 | 3.35 | 0.35 | 3.30 | ||||||||||||||||||||||
10,092 | 0.30 | 3.26 | 0.35 | 3.21 | ||||||||||||||||||||||
Net Asset |
Distributions |
Net Asset |
||||||||||||||||||||||||
Value |
Net |
from Net |
Value |
|||||||||||||||||||||||
Beginning |
Investment |
Investment |
End of |
Total |
||||||||||||||||||||||
of Period | Income | Income | Period | Return4 | ||||||||||||||||||||||
Treasury Obligations Fund
|
||||||||||||||||||||||||||
Class A
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.001 | (0.001 | ) | 1.00 | 0.07 | ||||||||||||||||||||
20082
|
1.00 | 0.023 | (0.023 | ) | 1.00 | 2.30 | ||||||||||||||||||||
20072
|
1.00 | 0.045 | (0.045 | ) | 1.00 | 4.55 | ||||||||||||||||||||
20062
|
1.00 | 0.037 | (0.037 | ) | 1.00 | 3.79 | ||||||||||||||||||||
Class D
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.001 | (0.001 | ) | 1.00 | 0.11 | ||||||||||||||||||||
20082
|
1.00 | 0.024 | (0.024 | ) | 1.00 | 2.45 | ||||||||||||||||||||
20072
|
1.00 | 0.046 | (0.046 | ) | 1.00 | 4.71 | ||||||||||||||||||||
20062
|
1.00 | 0.039 | (0.039 | ) | 1.00 | 3.95 | ||||||||||||||||||||
Class Y
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.002 | (0.002 | ) | 1.00 | 0.18 | ||||||||||||||||||||
20082
|
1.00 | 0.027 | (0.027 | ) | 1.00 | 2.60 | ||||||||||||||||||||
20072
|
1.00 | 0.048 | (0.048 | ) | 1.00 | 4.86 | ||||||||||||||||||||
20062
|
1.00 | 0.040 | (0.040 | ) | 1.00 | 4.10 | ||||||||||||||||||||
Class Z
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.004 | (0.004 | ) | 1.00 | 0.36 | ||||||||||||||||||||
20082
|
1.00 | 0.028 | (0.028 | ) | 1.00 | 2.86 | ||||||||||||||||||||
20072
|
1.00 | 0.051 | (0.051 | ) | 1.00 | 5.13 | ||||||||||||||||||||
20062
|
1.00 | 0.043 | (0.043 | ) | 1.00 | 4.36 | ||||||||||||||||||||
Institutional Investor Class
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.003 | (0.003 | ) | 1.00 | 0.28 | ||||||||||||||||||||
20082
|
1.00 | 0.027 | (0.027 | ) | 1.00 | 2.75 | ||||||||||||||||||||
20072
|
1.00 | 0.049 | (0.049 | ) | 1.00 | 5.02 | ||||||||||||||||||||
20063
|
1.00 | 0.020 | (0.020 | ) | 1.00 | 2.00 | ||||||||||||||||||||
Reserve Class
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | 0.000 | 5 | (0.000 | )5 | 1.00 | 0.00 | |||||||||||||||||||
20092
|
1.00 | 0.001 | (0.001 | ) | 1.00 | 0.06 | ||||||||||||||||||||
20082
|
1.00 | 0.024 | (0.024 | ) | 1.00 | 2.11 | ||||||||||||||||||||
20072
|
1.00 | 0.043 | (0.043 | ) | 1.00 | 4.35 | ||||||||||||||||||||
20062
|
1.00 | 0.035 | (0.035 | ) | 1.00 | 3.60 | ||||||||||||||||||||
1 | For the six-month period ended February 28, 2011 (unaudited). All ratios for the period have been annualized, except total return. | |
2 | For the period September 1 to August 31 in the fiscal year indicated. | |
3 | For the period from March 31, 2006, when the class of shares was first offered, to August 31, 2006. All ratios for the period have been annualized, except total return. | |
4 | Total return would have been lower had certain expenses not been waived. | |
5 | Rounds to zero. |
Ratio of Net |
||||||||||||||||||||||||||
Ratio of |
Investment |
|||||||||||||||||||||||||
Ratio of Net |
Expenses |
Income (Loss) |
||||||||||||||||||||||||
Ratio of |
Investment |
to Average |
to Average |
|||||||||||||||||||||||
Net Assets |
Expenses to |
Income |
Net Assets |
Net Assets |
||||||||||||||||||||||
End of |
Average |
to Average |
(Excluding |
(Excluding |
||||||||||||||||||||||
Period (000) | Net Assets | Net Assets | Waivers) | Waivers) | ||||||||||||||||||||||
$ | 613,896 | 0.22 | % | 0.00 | % | 0.79 | % | (0.57 | )% | |||||||||||||||||
868,658 | 0.20 | 0.00 | 0.78 | (0.58 | ) | |||||||||||||||||||||
940,369 | 0.53 | 0.09 | 0.79 | (0.17 | ) | |||||||||||||||||||||
1,391,961 | 0.75 | 2.34 | 0.78 | 2.31 | ||||||||||||||||||||||
1,719,685 | 0.75 | 4.46 | 0.78 | 4.43 | ||||||||||||||||||||||
1,496,419 | 0.75 | 3.76 | 0.79 | 3.72 | ||||||||||||||||||||||
$ | 2,464,021 | 0.21 | % | 0.00 | % | 0.63 | % | (0.42 | )% | |||||||||||||||||
2,708,770 | 0.20 | 0.00 | 0.63 | (0.43 | ) | |||||||||||||||||||||
3,411,407 | 0.50 | 0.15 | 0.64 | 0.01 | ||||||||||||||||||||||
6,868,518 | 0.60 | 2.45 | 0.63 | 2.42 | ||||||||||||||||||||||
7,232,055 | 0.60 | 4.61 | 0.63 | 4.58 | ||||||||||||||||||||||
6,051,333 | 0.60 | 3.93 | 0.64 | 3.89 | ||||||||||||||||||||||
$ | 4,243,108 | 0.21 | % | 0.00 | % | 0.49 | % | (0.28 | )% | |||||||||||||||||
3,297,924 | 0.20 | 0.00 | 0.48 | (0.28 | ) | |||||||||||||||||||||
4,692,210 | 0.41 | 0.19 | 0.49 | 0.11 | ||||||||||||||||||||||
5,482,050 | 0.45 | 2.62 | 0.48 | 2.59 | ||||||||||||||||||||||
6,143,979 | 0.45 | 4.75 | 0.48 | 4.72 | ||||||||||||||||||||||
5,395,566 | 0.45 | 4.14 | 0.49 | 4.10 | ||||||||||||||||||||||
$ | 1,219,975 | 0.21 | % | 0.00 | % | 0.24 | % | (0.03 | )% | |||||||||||||||||
1,398,900 | 0.20 | 0.00 | 0.23 | (0.03 | ) | |||||||||||||||||||||
1,926,914 | 0.23 | 0.38 | 0.24 | 0.37 | ||||||||||||||||||||||
3,713,560 | 0.20 | 2.74 | 0.23 | 2.71 | ||||||||||||||||||||||
2,596,399 | 0.20 | 4.98 | 0.23 | 4.95 | ||||||||||||||||||||||
877,206 | 0.20 | 4.29 | 0.24 | 4.25 | ||||||||||||||||||||||
$ | 533,322 | 0.21 | % | 0.00 | % | 0.34 | % | (0.13 | )% | |||||||||||||||||
480,749 | 0.20 | 0.00 | 0.33 | (0.13 | ) | |||||||||||||||||||||
526,060 | 0.31 | 0.32 | 0.34 | 0.29 | ||||||||||||||||||||||
766,652 | 0.30 | 2.68 | 0.33 | 2.65 | ||||||||||||||||||||||
693,614 | 0.30 | 4.89 | 0.33 | 4.86 | ||||||||||||||||||||||
437,586 | 0.30 | 4.87 | 0.34 | 4.83 | ||||||||||||||||||||||
$ | 350,095 | 0.22 | % | 0.00 | % | 0.99 | % | (0.77 | )% | |||||||||||||||||
416,352 | 0.20 | 0.00 | 0.98 | (0.78 | ) | |||||||||||||||||||||
602,332 | 0.56 | 0.08 | 0.99 | (0.35 | ) | |||||||||||||||||||||
973,250 | 0.93 | 2.13 | 0.98 | 2.08 | ||||||||||||||||||||||
1,167,569 | 0.94 | 4.27 | 0.98 | 4.23 | ||||||||||||||||||||||
1,361,851 | 0.94 | 3.57 | 0.99 | 3.52 | ||||||||||||||||||||||
Net Asset |
Distributions |
Net Asset |
||||||||||||||||||||||||
Value |
Net |
from Net |
Value |
|||||||||||||||||||||||
Beginning |
Investment |
Investment |
End of |
Total |
||||||||||||||||||||||
of Period | Income | Income | Period | Return4 | ||||||||||||||||||||||
U.S. Treasury Money Market Fund
|
||||||||||||||||||||||||||
Class A
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.001 | (0.001 | ) | 1.00 | 0.08 | ||||||||||||||||||||
20082
|
1.00 | 0.020 | (0.020 | ) | 1.00 | 2.00 | ||||||||||||||||||||
20072
|
1.00 | 0.043 | (0.043 | ) | 1.00 | 4.31 | ||||||||||||||||||||
20062
|
1.00 | 0.035 | (0.035 | ) | 1.00 | 3.56 | ||||||||||||||||||||
Class D
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.001 | (0.001 | ) | 1.00 | 0.12 | ||||||||||||||||||||
20082
|
1.00 | 0.021 | (0.021 | ) | 1.00 | 2.15 | ||||||||||||||||||||
20072
|
1.00 | 0.044 | (0.044 | ) | 1.00 | 4.47 | ||||||||||||||||||||
20062
|
1.00 | 0.037 | (0.037 | ) | 1.00 | 3.71 | ||||||||||||||||||||
Class Y
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.002 | (0.002 | ) | 1.00 | 0.16 | ||||||||||||||||||||
20082
|
1.00 | 0.023 | (0.023 | ) | 1.00 | 2.30 | ||||||||||||||||||||
20072
|
1.00 | 0.046 | (0.046 | ) | 1.00 | 4.62 | ||||||||||||||||||||
20062
|
1.00 | 0.038 | (0.038 | ) | 1.00 | 3.87 | ||||||||||||||||||||
Class Z
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.003 | (0.003 | ) | 1.00 | 0.27 | ||||||||||||||||||||
20082
|
1.00 | 0.025 | (0.025 | ) | 1.00 | 2.56 | ||||||||||||||||||||
20072
|
1.00 | 0.048 | (0.048 | ) | 1.00 | 4.88 | ||||||||||||||||||||
20062
|
1.00 | 0.041 | (0.041 | ) | 1.00 | 4.15 | ||||||||||||||||||||
Institutional Investor Class
|
||||||||||||||||||||||||||
20111
|
$ | 1.00 | $ | | $ | | $ | 1.00 | 0.00 | % | ||||||||||||||||
20102
|
1.00 | | | 1.00 | 0.00 | |||||||||||||||||||||
20092
|
1.00 | 0.002 | (0.002 | ) | 1.00 | 0.22 | ||||||||||||||||||||
20082
|
1.00 | 0.024 | (0.024 | ) | 1.00 | 2.46 | ||||||||||||||||||||
20072
|
1.00 | 0.047 | (0.047 | ) | 1.00 | 4.78 | ||||||||||||||||||||
20063
|
1.00 | 0.019 | (0.019 | ) | 1.00 | 1.91 | ||||||||||||||||||||
1 | For the six-month period ended February 28, 2011 (unaudited). All ratios for the period have been annualized, except total return. | |
2 | For the period September 1 to August 31 in the fiscal year indicated. | |
3 | For the period from March 31, 2006, when the class of shares was first offered, to August 31, 2006. All ratios for the period have been annualized, except total return. | |
4 | Total return would have been lower had certain expenses not been waived. |
Ratio of Net |
||||||||||||||||||||||||||
Ratio of |
Investment |
|||||||||||||||||||||||||
Ratio of Net |
Expenses to |
Income (Loss) |
||||||||||||||||||||||||
Ratio of |
Investment |
Average |
to Average |
|||||||||||||||||||||||
Net Assets |
Expenses to |
Income |
Net Assets |
Net Assets |
||||||||||||||||||||||
End of |
Average |
to Average |
(Excluding |
(Excluding |
||||||||||||||||||||||
Period (000) | Net Assets | Net Assets | Waivers) | Waivers) | ||||||||||||||||||||||
$ | 41,806 | 0.15 | % | 0.00 | % | 0.84 | % | (0.69 | )% | |||||||||||||||||
51,490 | 0.12 | 0.00 | 0.82 | (0.70 | ) | |||||||||||||||||||||
62,194 | 0.44 | 0.11 | 0.77 | (0.22 | ) | |||||||||||||||||||||
89,497 | 0.75 | 1.64 | 0.80 | 1.59 | ||||||||||||||||||||||
17,727 | 0.75 | 4.25 | 0.82 | 4.18 | ||||||||||||||||||||||
66,783 | 0.75 | 3.96 | 0.84 | 3.87 | ||||||||||||||||||||||
$ | 105,386 | 0.15 | % | 0.00 | % | 0.69 | % | (0.54 | )% | |||||||||||||||||
115,634 | 0.13 | 0.00 | 0.68 | (0.55 | ) | |||||||||||||||||||||
133,882 | 0.42 | 0.16 | 0.64 | (0.06 | ) | |||||||||||||||||||||
321,431 | 0.60 | 2.09 | 0.65 | 2.04 | ||||||||||||||||||||||
230,031 | 0.60 | 4.37 | 0.67 | 4.30 | ||||||||||||||||||||||
188,499 | 0.60 | 3.62 | 0.69 | 3.53 | ||||||||||||||||||||||
$ | 317,651 | 0.15 | % | 0.00 | % | 0.54 | % | (0.39 | )% | |||||||||||||||||
315,695 | 0.12 | 0.00 | 0.52 | (0.40 | ) | |||||||||||||||||||||
426,875 | 0.36 | 0.18 | 0.50 | 0.04 | ||||||||||||||||||||||
570,751 | 0.45 | 2.22 | 0.50 | 2.17 | ||||||||||||||||||||||
462,391 | 0.45 | 4.53 | 0.52 | 4.46 | ||||||||||||||||||||||
355,081 | 0.45 | 3.91 | 0.54 | 3.82 | ||||||||||||||||||||||
$ | 89,748 | 0.15 | % | 0.00 | % | 0.29 | % | (0.14 | )% | |||||||||||||||||
97,034 | 0.14 | 0.00 | 0.27 | (0.13 | ) | |||||||||||||||||||||
237,487 | 0.23 | 0.30 | 0.25 | 0.28 | ||||||||||||||||||||||
219,278 | 0.20 | 2.33 | 0.25 | 2.28 | ||||||||||||||||||||||
117,843 | 0.20 | 4.80 | 0.27 | 4.73 | ||||||||||||||||||||||
124,961 | 0.20 | 4.66 | 0.29 | 4.57 | ||||||||||||||||||||||
$ | 13,619 | 0.15 | % | 0.00 | % | 0.39 | % | (0.24 | )% | |||||||||||||||||
37,196 | 0.12 | 0.00 | 0.37 | (0.25 | ) | |||||||||||||||||||||
149,648 | 0.29 | 0.22 | 0.36 | 0.15 | ||||||||||||||||||||||
125,216 | 0.30 | 1.68 | 0.35 | 1.63 | ||||||||||||||||||||||
2,452 | 0.30 | 4.69 | 0.37 | 4.62 | ||||||||||||||||||||||
16,084 | 0.30 | 4.68 | 0.39 | 4.59 | ||||||||||||||||||||||
Notes to Financial Statements | (unaudited as to February 28, 2011), all dollars and shares are rounded to thousands (000) |
1 > | Organization |
2 > | Summary of Significant Accounting Policies |
Total |
||||||||||||||||
Fund | Level 1 | Level 2 | Level 3 | Fair Value | ||||||||||||
Government Obligations Fund
|
||||||||||||||||
Government Agency Debt
|
$ | | $ | 6,763,306 | $ | | $ | 6,763,306 | ||||||||
Government Agency Repurchase Agreements
|
| 4,882,883 | | 4,882,883 | ||||||||||||
Treasury Repurchase Agreement
|
| 525,000 | | 525,000 | ||||||||||||
Treasury Debt
|
| 153,367 | | 153,367 | ||||||||||||
Total Investments
|
$ | | $ | 12,324,556 | $ | | $ | 12,324,556 | ||||||||
Prime Obligations Fund
|
||||||||||||||||
Certificates of Deposit
|
$ | | $ | 5,505,496 | $ | | $ | 5,505,496 | ||||||||
Financial Company Commercial Paper
|
| 2,854,616 | | 2,854,616 | ||||||||||||
Asset Backed Commercial Paper
|
| 2,777,176 | | 2,777,176 | ||||||||||||
Other Notes
|
| 1,889,225 | | 1,889,225 | ||||||||||||
Government Agency Debt
|
| 1,518,300 | | 1,518,300 | ||||||||||||
Treasury Debt
|
| 985,105 | | 985,105 | ||||||||||||
Investment Companies
|
419,177 | | | 419,177 | ||||||||||||
Variable Rate Demand Notes
|
| 407,226 | | 407,226 | ||||||||||||
Other Commercial Paper
|
| 169,873 | | 169,873 | ||||||||||||
Treasury Repurchase Agreements
|
| 1,444,306 | | 1,444,306 | ||||||||||||
Government Agency Repurchase Agreement
|
| 567,117 | | 567,117 | ||||||||||||
Total Investments
|
$ | 419,177 | $ | 18,118,440 | $ | | $ | 18,537,617 | ||||||||
Tax Free Obligations Fund
|
||||||||||||||||
Municipal Debt
|
$ | | $ | 881,479 | $ | | $ | 881,479 | ||||||||
Government Agency Debt
|
| 269 | | 269 | ||||||||||||
Total Investments
|
$ | | $ | 881,748 | $ | | $ | 881,748 | ||||||||
Treasury Obligations Fund
|
||||||||||||||||
Treasury Debt
|
$ | | $ | 2,126,893 | $ | | $ | 2,126,893 | ||||||||
Treasury Repurchase Agreements
|
| 7,290,694 | | 7,290,694 | ||||||||||||
Investments Purchased with Proceeds from Securities Lending
|
1 | 31,563 | | 31,564 | ||||||||||||
Total Investments
|
$ | 1 | $ | 9,449,150 | $ | | $ | 9,449,151 | ||||||||
U.S. Treasury Money Market Fund
|
||||||||||||||||
Treasury Debt
|
$ | | $ | 568,245 | $ | | $ | 568,245 | ||||||||
Total Investments
|
$ | | $ | 568,245 | $ | | $ | 568,245 | ||||||||
Notes to Financial Statements | (unaudited as to February 28, 2011), all dollars and shares are rounded to thousands (000) |
February 28, 2011 | ||||||||||||||||
Ordinary |
Tax-Exempt |
Capital |
||||||||||||||
Fund | Income | Income | Gain | Total | ||||||||||||
Government Obligations Fund
|
$ | 420 | $ | | $ | | $ | 420 | ||||||||
Prime Obligations Fund
|
5,657 | | | 5,657 | ||||||||||||
Tax Free Obligations Fund
|
| 70 | | 70 | ||||||||||||
Treasury Obligations Fund
|
115 | | | 115 | ||||||||||||
U.S. Treasury Money Market Fund
|
| | | | ||||||||||||
August 31, 2010 | ||||||||||||||||
Ordinary |
Tax-Exempt |
Capital |
||||||||||||||
Fund | Income | Income | Gain | Total | ||||||||||||
Government Obligations Fund
|
$ | 4,098 | $ | | $ | | $ | 4,098 | ||||||||
Prime Obligations Fund
|
14,238 | | | 14,238 | ||||||||||||
Tax Free Obligations Fund
|
| 195 | | 195 | ||||||||||||
Treasury Obligations Fund
|
35 | | | 35 | ||||||||||||
U.S. Treasury Money Market Fund
|
| | | | ||||||||||||
Accumulated |
Total |
|||||||||||||||||||||||
Undistributed |
Undistributed |
Undistributed |
Capital and |
Accumulated |
||||||||||||||||||||
Ordinary |
Tax Exempt |
Long-Term |
Post-October |
Unrealized |
Earnings |
|||||||||||||||||||
Fund | Income | Income | Capital Gains | Losses | Appreciation | (Deficit) | ||||||||||||||||||
Government Obligations Fund
|
$ | 472 | $ | | $ | | $ | (326 | ) | $ | | $ | 146 | |||||||||||
Prime Obligations Fund
|
1,864 | | | (242 | ) | | 1,622 | |||||||||||||||||
Tax Free Obligations Fund
|
| 75 | | | | 75 | ||||||||||||||||||
Treasury Obligations Fund
|
93 | | | (617 | ) | | (524 | ) | ||||||||||||||||
U.S. Treasury Money Market Fund
|
21 | | | | | 21 | ||||||||||||||||||
Expiration Year | ||||||||||||||||||||||||||||||||||||
Fund | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | Total | |||||||||||||||||||||||||||
Prime Obligations Fund
|
$ | | $ | | $ | | $ | | $ | (170 | ) | $ | | $ | (72 | ) | $ | | $ | (242 | ) | |||||||||||||||
Treasury Obligations Fund
|
| | | (20 | ) | (57 | ) | (540 | ) | | | (617 | ) | |||||||||||||||||||||||
Notes to Financial Statements | (unaudited as to February 28, 2011), all dollars and shares are rounded to thousands (000) |
3 > | Fees and Expenses |
Institutional |
||||||||||||||||||||||||||||||||
Fund | A | C | D | I | Y | Z | Investor | Reserve | ||||||||||||||||||||||||
Government Obligations Fund
|
0.75 | % | | % | 0.60 | % | | % | 0.45 | % | 0.20 | % | 0.30 | % | | % | ||||||||||||||||
Prime Obligations Fund
|
0.78 | 1.23 | 0.63 | 0.40 | 0.48 | 0.20 | 0.30 | | ||||||||||||||||||||||||
Tax Free Obligations Fund
|
0.75 | | 0.60 | | 0.45 | 0.20 | 0.30 | | ||||||||||||||||||||||||
Treasury Obligations Fund
|
0.75 | | 0.60 | | 0.45 | 0.20 | 0.30 | 0.94 | ||||||||||||||||||||||||
U.S. Treasury Money Market Fund
|
0.75 | | 0.60 | | 0.45 | 0.20 | 0.30 | | ||||||||||||||||||||||||
Fund | Amount | |||
Government Obligations Fund
|
$ | 1 | ||
Prime Obligations Fund
|
115 | |||
Treasury Obligations Fund
|
198 | |||
Fund | Amount | |||
Government Obligations Fund
|
$ | 990 | ||
Prime Obligations Fund
|
3,577 | |||
Tax Free Obligations Fund
|
45 | |||
Treasury Obligations Fund
|
535 | |||
U.S. Treasury Money Market Fund
|
| |||
4 > | Portfolio Characteristics of the Tax Free Obligations Fund |
Tax Free |
||||
Obligations |
||||
Fund | ||||
Weekly Variable Rate Demand Notes
|
69.3 | % | ||
Daily Variable Rate Demand Notes
|
11.3 | |||
Other Municipal Notes & Bonds
|
15.9 | |||
Commercial Paper & Put Bonds
|
3.5 | |||
100.0 | % | |||
Notes to Financial Statements | (unaudited as to February 28, 2011), all dollars and shares are rounded to thousands (000) |
Tax Free |
||||
Obligations |
||||
Fund | ||||
Revenue Bonds
|
86.3 | % | ||
General Obligations
|
9.4 | |||
Tax and Revenue Anticipation Notes
|
4.3 | |||
100.0 | % | |||
Tax Free |
||||
Obligations |
||||
Standard & Poors/Moodys/Fitch Ratings | Fund | |||
AAA
|
42.0 | % | ||
AA
|
43.8 | |||
A
|
14.2 | |||
100.0 | % | |||
5 > | Indemnifications |
6 > | New Accounting Pronouncement |
7 > | Regulated Investment Company Modernization Act |
Notice to Shareholders | February 28, 2011 (unaudited) |
| Know who you are and prevent unauthorized access to your information. |
| Comply with the laws and regulations that govern us. |
| Information about your identity, such as your name, address, and social security number. |
| Information about your transactions with us. |
| Information you provide on applications, such as your beneficiaries and banking information, if provided to us. |
| First American Funds, Inc. |
BOARD OF DIRECTORS | First American Funds, Inc. |
INVESTMENT ADVISOR
U.S. Bancorp Asset Management, Inc. 800 Nicollet Mall Minneapolis, Minnesota 55402 ADMINISTRATOR U.S. Bancorp Asset Management, Inc. 800 Nicollet Mall Minneapolis, Minnesota 55402 TRANSFER AGENT U.S. Bancorp Fund Services, LLC 615 East Michigan Street Milwaukee, Wisconsin 53202 |
CUSTODIAN
U.S. Bank National Association 60 Livingston Avenue St. Paul, Minnesota 55101 DISTRIBUTOR Quasar Distributors, LLC 615 East Michigan Street Milwaukee, Wisconsin 53202 |
INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM Ernst & Young LLP 220 South Sixth Street Suite 1400 Minneapolis, Minnesota 55402 COUNSEL Dorsey & Whitney LLP 50 South Sixth Street Suite 1500 Minneapolis, Minnesota 55402 |
(a) | The registrants principal executive officer and principal financial officer have evaluated the effectiveness of the registrants disclosure controls and procedures within 90 days of the date of this filing and have concluded that the registrants disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant in this Form N-CSR was recorded, processed, summarized and reported timely. | |
(b) | There were no changes in the registrants internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting. |
(a)(1) | Not applicable. |
(a)(2) | Certifications of the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 are filed as exhibits hereto. |
(a)(3) | Not applicable. |
(b) | Certifications of the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(b) under the Investment Company Act of 1940 are filed as exhibits hereto. |
By: |
/s/ Joseph M. Ulrey III | |||
President |
By: |
/s/ Joseph M. Ulrey III | |||
President |
By: |
/s/ Jill M. Stevenson | |||
Treasurer |
1. | I have reviewed this report on Form N-CSR of First American Funds, Inc.; | |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; | |
3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; | |
4. | The registrants other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
a) | designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; | ||
b) | designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | ||
c) | evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and | ||
d) | disclosed in this report any change in the registrants internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and | ||
b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
/s/ Joseph M. Ulrey III |
||
President |
1. | I have reviewed this report on Form N-CSR of First American Funds, Inc.; | |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; | |
3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; | |
4. | The registrants other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
a) | designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; | ||
b) | designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | ||
c) | evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and | ||
d) | disclosed in this report any change in the registrants internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
a) | all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and | ||
b) | any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
/s/ Jill M. Stevenson |
||
Treasurer |
1. | The report on Form N-CSR of the Funds (the Report) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and | |
2. | The information contained in the Report fairly presents, in all material respects, the financial condition and results of the operations of the Funds. |
By: |
/s/ Joseph M. Ulrey III | |||
President | ||||
Date: April 29, 2011 | ||||
By: |
/s/ Jill M. Stevenson | |||
Treasurer |
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