U.S. Bancorp Asset Management, Inc. Announces Financial Positions For Closed-End Funds

U.S. Bancorp Asset Management, Inc. (NYSE:USB) today announced the financial positions for the following closed-end funds for the month ended October 31, 2013.
         

Net investment income and distribution information for the month ended October 31, 2013:
 
Accumulated
Undistributed
(Distributions in
Monthly Monthly Net Excess of)
Common Preferred Investment Net Investment
Stock Stock Income/ Income/
Fund   Symbol   Distributions (a)   Distributions (b)   Share (c)   Share (d)
American Strategic Income Portfolio ASP $0.0575 N/A $0.0569 $(0.0058)
American Strategic Income Portfolio II BSP $0.0500 N/A $0.0462 $0.0231
American Strategic Income Portfolio III CSP $0.0425 N/A $0.0447 $0.0600
American Select Portfolio SLA $0.0575 N/A $0.0604 $0.0170
American Income Fund MRF $0.0440 N/A $0.0408 $0.0001
American Municipal Income Portfolio XAA $0.0800 $0.0009 $0.0827 $0.1797
Minnesota Municipal Income Portfolio MXA $0.0740 $0.0009 $0.0759 $0.1451
Minnesota Municipal Income Fund II MXN $0.0625 $0.0011 $0.0677 $0.1055
 

N/A = Not Applicable
 
       

Financial positions for the month ended October 31, 2013:
 
Total Assets Net Assets (e) NAV (1) per
Fund   Symbol   (000)   (000)   Common Share
American Strategic Income Portfolio ASP $70,187 $49,114 $11.61
American Strategic Income Portfolio II BSP $210,143 $145,222 $9.08
American Strategic Income Portfolio III CSP $232,066 $162,106 $7.59
American Select Portfolio SLA $176,686 $122,981 $11.53
American Income Fund MRF $110,187 $80,528 $8.51
American Municipal Income Portfolio XAA $125,015 $81,379 $14.14
Minnesota Municipal Income Portfolio MXA $92,368 $61,156 $14.75
Minnesota Municipal Income Fund II MXN $33,653 $20,525 $13.94
 
       

Financial positions for the month ended October 31, 2012:
 
Total Assets Net Assets (e) NAV (1) per
Fund   Symbol   (000)   (000)   Common Share
American Strategic Income Portfolio ASP $78,340 $55,162 $13.04
American Strategic Income Portfolio II BSP $231,640 $164,520 $10.29
American Strategic Income Portfolio III CSP $248,830 $176,109 $8.25
American Select Portfolio SLA $181,739 $129,085 $12.11
American Income Fund MRF $110,120 $81,166 $8.58
American Municipal Income Portfolio XAA $135,026 $91,184 $15.84
Minnesota Municipal Income Portfolio MXA $98,456 $67,229 $16.21
Minnesota Municipal Income Fund II MXN $36,394 $23,344 $15.85
 
       

Financial positions for the month ended October 31, 2011:
 
Total Assets Net Assets (e) NAV (1) per
Fund   Symbol   (000)   (000)   Common Share
American Strategic Income Portfolio ASP $70,779 $52,412 $12.39
American Strategic Income Portfolio II BSP $223,870 $155,932 $9.75
American Strategic Income Portfolio III CSP $252,357 $174,390 $8.17
American Select Portfolio SLA $174,304 $121,545 $11.40
American Income Fund MRF $111,692 $78,530 $8.30
American Municipal Income Portfolio XAA $126,346 $82,645 $14.36
Minnesota Municipal Income Portfolio MXA $92,123 $60,877 $14.68
Minnesota Municipal Income Fund II MXN $34,670 $21,632 $14.69
 
 
(1) NAVs are priced as of the close of business on the month-end and year as indicated above.
(a) These distributions were declared on September 20, 2013, had an ex-dividend date of October 1, 2013, and were paid on October 16, 2013, to shareholders of record on October 3, 2013.
(b) Calculated by dividing preferred distributions paid during the month by the number of common shares outstanding.
(c) Based on a three-month average.
(d) Accumulated undistributed (distributions in excess of) net investment income is reflected in a fund's net asset value. Any reduction of this amount will reduce net asset value penny-for-penny.
(e) The difference between net assets and total assets for XAA, MXA, and MXN is primarily due to the issuance of preferred stock; net assets reflect common stock only. For ASP, BSP, CSP, SLA, and MRF, the difference is primarily due to the funds' use of borrowings.
 

The aforementioned financial data is unaudited. It has, however, been obtained from sources deemed reliable.

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