Joe M. Ulrey

US Bancorp Asset Management, Inc. (USBAM) is a registered investment advisor headquartered in Minneapolis, Minnesota. The firm was founded in March 2001 and formerly known as FAF Advisors, Inc. They are a direct wholly-owned subsidiary of US Bank National Association, which is owned by US Bancorp (NYSE: USB), a diversified financial holding company. USBAM provides investment advisory services through managed accounts to institutional clients, money market mutual funds, and privately offered investment fund.

First American Minnesota Municipal Income Fund II, Inc. is a non-diversified, closed-end management investment company. The fund's investment objective is to provide current income exempt from both regular federal income tax and regular Minnesota personal income tax. The company's investments may include municipal derivative securities, such as inverse floating-rate and inverse interest-only municipal securities, which may be more volatile than traditional municipal securities in certain market conditions. The fund's investments also may include repurchase agreements, futures contracts, options on futures contracts, options, and interest-rate swaps, caps, and floors. It was founded on October 31, 2002 and is headquartered in Minneapolis, MN.

American Strategic Income Portfolio, Inc. II operates as a closed-end investment fund. Its objective is to seek capital appreciation. The company was founded on March 25, 1993 and is headquartered in Minneapolis, MN.

American Strategic Income Portfolio Inc. operates as a diversified, closed-end management investment company. It invests in asset-backed securities, U.S. government securities, corporate-debt securities, municipal obligations, unregistered securities, and mortgage-servicing rights. The fund borrows through the use of reverse repurchase agreements. Its investment objectives are high level of current income and to seek capital appreciation. American Strategic Income Portfolio was founded on December 27, 1991 and is headquartered in Minneapolis, MN.

American Strategic Income Portfolio, Inc. III is a closed end investment trust company. Its objective is to seek capital appreciation. The company was founded on March 25, 1993 and is headquartered in Minneapolis, MN.

American Select Portfolio, Inc. operates as a closed-end investment fund. Its objective is to seek capital appreciation. The company was founded on March 25, 1993 and is headquartered in Minneapolis, MN.