Mutual Fund Insights: First American Strategy Balanced Allc Y Fund (FSKYX)

In-depth Analysis of First American Strategy Balanced Allc Y Fund (FSKYX)

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See First American Strategy Balanced Allc Y Fund (FSKYX) performance details as of February 28, 2010

  

Last Trade: $9.54 on 3/19/2010, Change: -0.04 (-0.42%)

Experiment our closing price forecasting tool for First American Strategy Balanced Allc Y Fund (FSKYX) (alpha release)

  

Fund Manager - Thomas B. Schreier

Fund Manager Tenure: 1.3 years   [Similar Funds: FSKBX  FSKCX  FSKSX ]
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)

Schrier is the chief executive officer (CEO) of FAF Advisors and president of First American Funds. Prior to his appointment as CEO in 2000, Tom served in senior leadership roles at Piper Jaffray. Thomas B. Schreier had previously been a senior airline equity analyst at Credit Suisse First Boston in New York. Prior to that, Thomas B. Schreier held the position of vice president of finance at Northwest Airlines, responsible for corporate finance, pension, cash, and credit transactions.  Get more insights on Thomas B. Schreier

  

 What we like about First American Strategy Balanced Allc Y Fund (FSKYX)

Data for First American Strategy Balanced Allc Y Fund (FSKYX) as of February 28, 2010

• First American Strategy Balanced Allc Y Fund (FSKYX) has good short-term performance (1-year return 44.90% vs 39.25 % Moderate Allocation category average)
• First American Strategy Balanced Allc Y Fund (FSKYX) has good Long-term performance (5-year return 3.46% vs 2.04 % Moderate Allocation category average)
• First American Strategy Balanced Allc Y Fund (FSKYX) ratio of up-years vs down years is greater than 2
• First American Strategy Balanced Allc Y Fund (FSKYX) has a Morningstar rating of 4 and above
• First American Strategy Balanced Allc Y Fund (FSKYX) has an annual stock turnover rate of 67.00% vs Moderate Allocation average of 97.84%. It is good that First American Strategy Balanced Allc Y management does not trade extensively for its return.
• First American Strategy Balanced Allc Y Fund (FSKYX) has a lower management fee than its Moderate Allocation average: 0.15% vs 1.03%
• First American Strategy Balanced Allc Y Fund (FSKYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about First American Strategy Balanced Allc Y Fund (FSKYX)

Data for First American Strategy Balanced Allc Y Fund (FSKYX) as of February 28, 2010

• First American Strategy Balanced Allc Y Fund (FSKYX) management has been with First American Strategy Balanced Allc Y Fund for only 1.3 years, it is hard to judge manager's ability based on this fund's operation record
• First American Strategy Balanced Allc Y Fund is a focused fund with 88.85% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• First American Strategy Balanced Allc Y Fund (FSKYX) has a less-than-ideal mid-term performance (3-year return -0.33% vs -2.09 % Moderate Allocation category average)
• First American Strategy Balanced Allc Y Fund (FSKYX) is more volatile than its peers as it has a 3-year Standard Deviation of 15.78 that is higher than category average of 14.91

See First American Strategy Balanced Allc Y Fund (FSKYX) performance details as of February 28, 2010

  

  

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First American Strategy Balanced Allc Y Fund (FSKYX) Net Asset

Track net asset change of First American Strategy Balanced Allc Y fund (FSKYX)

Date	Net Asset
02/2010	$397.53M
01/2010	$203.22M
11/2009	$204.84M

More historic net asset information on First American Strategy Balanced Allc Y Fund (FSKYX)

  

First American Strategy Balanced Allc Y Fund (FSKYX) Portfolio Allocation

Track portfolio allocation change of First American Strategy Balanced Allc Y fund (FSKYX)

Date	Cash	Stock	Bond	Other
09/2009	10.43%	53.15%	33.53%	2.88%
06/2009	11.61%	52.79%	33.37%	2.23%
03/2009	7.49%	55.17%	34.68%	2.65%

Click here to see more historic asset allocation information on First American Strategy Balanced Allc Y Fund (FSKYX)

  

Most Recent Top 10 Holdings in First American Strategy Balanced Allc Y Fund (FSKYX)

Discover what First American Strategy Balanced Allc Y Fund (FSKYX) manager is buying

30-Sep-09 First American Core Bond Y [27.1%] First American International Select Y [15.16%] First American Total Return Bond Y [10.96%] First American Large Cap Growth Opp Y [7.5%] First American Quantitative Lg Cp Core Y [7.03%] First American Large Cap Select Y [7.03%] First American Large Cap Value Y [5.02%] First American Real Estate Secs Y [3.97%] iShares S&P GSCI Commodity-Indexed Trust [2.64%] First American Quantitative Lg Cp Val Y [2.56%]

30-Jun-09 First American Core Bond Y [27.84%] First American International Select Y [12.37%] First American Total Return Bond Y [11%] First American Quantitative Lg Cp Core Y [7.55%] First American Large Cap Select Y [7.52%] First American Large Cap Growth Opp Y [7.5%] First American Large Cap Value Y [5.01%] First American Real Estate Secs Y [3.98%] iShares S&P GSCI Commodity-Indexed Trust [2.92%] S & P 500 FUTURES SEPT 2009 [2.86%]

31-Mar-09 First American Core Bond Y [19.4%] First American Total Return Bond Y [18.49%] First American Large Cap Select Y [10.03%] First American Quantitative Lg Cp Core Y [9.09%] First American Large Cap Growth Opp Y [7.63%] First American International Select Y [7.51%] First American Large Cap Value Y [5.02%] First American Real Estate Secs Y [3.84%] First American Quantitative Lg Cp Gr Y [2.6%] First American Quantitative Lg Cp Val Y [2.54%]

Click here for Stock Holding Change Map in First American Strategy Balanced Allc Y Fund (FSKYX)

  

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See more information on First American Strategy Balanced Allc Y Fund (FSKYX)

• First American Strategy Balanced Allc Y Fund Insights
• First American Strategy Balanced Allc Y Fund Performance Data
• First American Strategy Balanced Allc Y Fund News
• First American Strategy Balanced Allc Y Fund Score Explaination
• First American Strategy Balanced Allc Y Fund Manager Information
• Historic First American Strategy Balanced Allc Y Fund Asset Allocation Report
• Historic First American Strategy Balanced Allc Y Fund Top 10 Holding Tracking
• Historic First American Strategy Balanced Allc Y Fund Asset Under Management Tracking