FAFIX — First American Multi-Manager Fixed-Income Fund
Data updated: 2026-08-28
FAFIX — First American Multi-Manager Fixed-Income Fund. Long Total / Aggregate Bond · $1.69B AUM. Holdings, fees, performance and SEC filings.
FAFIX Fund Overview
FAFIX — First American Multi-Manager Fixed-Income Fund is a US mutual fund managed by PFM Multi-Manager Series Trust, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: PFM Multi-Manager Series Trust
- Category: Long Total / Aggregate Bond
- Assets under management: $1.69B
- 1-year return: 4.0%
- Ticker: FAFIX
- SEC CIK: 0001696729
- SEC series ID: S000059562
- Share class ID: C000195101
FAFIX Holdings
Top 10 holdings of First American Multi-Manager Fixed-Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| iShares Core U.S. Aggregate Bo | 5.40% |
| US Treasury N/b | 2.34% |
| iShares 10-20 Year Treasury Bo | 1.41% |
| US Treasury N/b | 1.08% |
| BlackRock Liquidity FedFund | 0.88% |
| US Treasury N/b | 0.81% |
| US Treasury N/b | 0.80% |
| US Treasury N/b | 0.75% |
| US Treasury N/b | 0.71% |
| US Treasury N/b | 0.66% |
FAFIX Portfolio Allocation
Asset-class allocation of First American Multi-Manager Fixed-Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 54.9% |
| Securitized | 37.0% |
| Equity | 7.2% |
| Cash & Equivalents | 1.5% |
| Other | 0.1% |
FAFIX Performance
Total returns for FAFIX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.8% |
| 1 year | 4.0% |
| 3 years (annualised) | 4.8% |
| 5 years (annualised) | 0.5% |
FAFIX Risk Information
Risk metrics for FAFIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.0%
FAFIX Costs and Fees
FAFIX costs about $52 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.52%
- Gross expense ratio: 0.52%
- Portfolio turnover: 76%
- Brokerage commissions: 0.22 bps of average net assets (SEC N-CEN)
FAFIX Cashflows
Over the 12 months to 2026-06, First American Multi-Manager Fixed-Income Fund had net inflows of $99.09M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $3.92M |
| 2026-05 | $132.08M |
| 2026-04 | −$2.92M |
| 2026-03 | $334.47K |
| 2026-02 | −$29.89M |
| 2026-01 | −$291.00K |
FAFIX Debt Constituents
Largest debt holdings of First American Multi-Manager Fixed-Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treasury N/b | 2.34% |
| US Treasury N/b | 1.08% |
| US Treasury N/b | 0.81% |
| US Treasury N/b | 0.80% |
| US Treasury N/b | 0.75% |
| US Treasury N/b | 0.71% |
| US Treasury N/b | 0.66% |
| US Treasury N/b | 0.65% |
| US Treasury N/b | 0.63% |
| US Treasury N/b | 0.49% |
FAFIX Prospectus and SEC Filings
Official First American Multi-Manager Fixed-Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-27
- Prospectus (485BPOS) — filed 2025-01-28
- Prospectus (485BPOS) — filed 2024-01-29
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2025-12-11
- Annual census (N-CEN) — filed 2024-12-16
Related Funds
Other Long Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.