First American Asset Management Declares May Distributions for Closed-End Funds

Apr 20, 2001, 01:00 ET from First American Asset Management

    MINNEAPOLIS, April 20 /PRNewswire Interactive News Release/ -- The
 following funds are declaring their May distributions, which will be allocated
 on a per-share basis on the common stock.  These distributions have a
 May 1, 2001, ex-dividend date and will be paid on May 23, 2001, to
 shareholders of record on May 3, 2001.
     In addition, American Strategic Income Portfolio (ASP), American Strategic
 Income Portfolio II (BSP) and American Select Portfolio (SLA) have increased
 their monthly distributions, beginning with the May distributions.  These
 distributions were increased to more closely reflect current earnings.
 
                                               NYSE        May        April
     Fund                                     Symbol      Amount      Amount
     American Strategic Income Portfolio        ASP      $0.0850     $0.0825
     American Strategic Income Portfolio-II     BSP      $0.0875     $0.0850
     American Strategic Income Portfolio-III    CSP      $0.0850     $0.0850
     American Select Portfolio                  SLA      $0.0850     $0.0800
 
     American Income Fund                       MRF      $0.0550     $0.0550
     American Municipal Term Trust II           BXT      $0.0517     $0.0517
     American Municipal Term Trust III          CXT      $0.0475     $0.0475
     Minnesota Municipal Term Trust             MNA      $0.0509     $0.0509
     American Municipal Income Portfolio        XAA      $0.0660     $0.0660
 
                                               AMEX        May        April
     Fund                                     Symbol      Amount      Amount
     Minnesota Municipal Term Trust-II          MNB      $0.0492     $0.0492
     Minnesota Municipal Income Portfolio       MXA     $0.06625    $0.06625
 
     Investment products, including shares of closed-end funds, are not
 obligations of, or guaranteed by, any bank including U.S. Bank or any of its
 affiliates, nor are they insured by the Federal Deposit Insurance Corporation,
 the Federal Reserve Board, or any other agency.  An investment in such
 products involves investment risk, including possible loss of principal.
     Based in Minneapolis, First American Asset Management provides investment
 management services to individuals and institutions, including corporations,
 foundations, pension funds, public funds, and retirement plans. U.S. Bancorp's
 two asset management divisions, First American Asset Management and Firstar
 Investment Research & Management Co. LLP (FIRMCO), have combined assets under
 management of $116 billion.  U.S. Bancorp (NYSE:   USB) is the eighth largest
 financial services holding company in the United States and a leading provider
 of comprehensive banking, trust, investment, and payment systems products and
 services. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank.
 Visit U.S. Bancorp on the web at http://www.usbank.com and Firstar Bank at
 http://www.firstar.com
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X51886312
 
 

SOURCE First American Asset Management
    MINNEAPOLIS, April 20 /PRNewswire Interactive News Release/ -- The
 following funds are declaring their May distributions, which will be allocated
 on a per-share basis on the common stock.  These distributions have a
 May 1, 2001, ex-dividend date and will be paid on May 23, 2001, to
 shareholders of record on May 3, 2001.
     In addition, American Strategic Income Portfolio (ASP), American Strategic
 Income Portfolio II (BSP) and American Select Portfolio (SLA) have increased
 their monthly distributions, beginning with the May distributions.  These
 distributions were increased to more closely reflect current earnings.
 
                                               NYSE        May        April
     Fund                                     Symbol      Amount      Amount
     American Strategic Income Portfolio        ASP      $0.0850     $0.0825
     American Strategic Income Portfolio-II     BSP      $0.0875     $0.0850
     American Strategic Income Portfolio-III    CSP      $0.0850     $0.0850
     American Select Portfolio                  SLA      $0.0850     $0.0800
 
     American Income Fund                       MRF      $0.0550     $0.0550
     American Municipal Term Trust II           BXT      $0.0517     $0.0517
     American Municipal Term Trust III          CXT      $0.0475     $0.0475
     Minnesota Municipal Term Trust             MNA      $0.0509     $0.0509
     American Municipal Income Portfolio        XAA      $0.0660     $0.0660
 
                                               AMEX        May        April
     Fund                                     Symbol      Amount      Amount
     Minnesota Municipal Term Trust-II          MNB      $0.0492     $0.0492
     Minnesota Municipal Income Portfolio       MXA     $0.06625    $0.06625
 
     Investment products, including shares of closed-end funds, are not
 obligations of, or guaranteed by, any bank including U.S. Bank or any of its
 affiliates, nor are they insured by the Federal Deposit Insurance Corporation,
 the Federal Reserve Board, or any other agency.  An investment in such
 products involves investment risk, including possible loss of principal.
     Based in Minneapolis, First American Asset Management provides investment
 management services to individuals and institutions, including corporations,
 foundations, pension funds, public funds, and retirement plans. U.S. Bancorp's
 two asset management divisions, First American Asset Management and Firstar
 Investment Research & Management Co. LLP (FIRMCO), have combined assets under
 management of $116 billion.  U.S. Bancorp (NYSE:   USB) is the eighth largest
 financial services holding company in the United States and a leading provider
 of comprehensive banking, trust, investment, and payment systems products and
 services. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank.
 Visit U.S. Bancorp on the web at http://www.usbank.com and Firstar Bank at
 http://www.firstar.com
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X51886312
 
 SOURCE  First American Asset Management

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