AMERICAN STRATEGIC INCOME PORTFOLIO INC. 
By FAF Advisors, Inc. today announced the financial positions for the following closed-end funds for the month of January 31, 2007.
Net investment income and distribution information for the month ended January 31, 2007:
| Fund | Symbol | Common |
Preferred | Net Investment Income/ Share (c) |
Accumulated | ||
| American Strategic Income Portfolio | ASP | $0.13525 | (e) | N/A | $0.0671 | $0.0039 | |
| American Strategic Income Portfolio II | BSP | $0.08572 | (f) | N/A | $0.0864 | $0.1378 | |
| American Strategic Income Portfolio III | CSP | $0.40802 | (g) | N/A | $0.1036 | $0.0449 | |
| American Select Portfolio | SLA | $0.26050 | (h) | N/A | $0.0767 | $0.0640 | |
| American Income Fund | MRF | $0.04250 | N/A | $0.0429 | $0.0193 | ||
| American Municipal Income Portfolio | XAA | $0.18763 | (i) | $0.0248 | $0.0863 | $0.1041 | |
| Minnesota Municipal Income Portfolio | MXA | $0.19470 | (j) | $0.0243 | $0.0774 | $0.0120 | |
| Minnesota Municipal Income Fund II | MXN | $0.06518 | (k) | $0.0278 | $0.0773 | $0.0246 | |
N/A = Not Applicable | |||||||
Financial positions for the month ended January 31, 2007:
| Fund | Symbol | Total Assets (000) |
Net Assets |
NAV(1) per |
| American Strategic Income Portfolio | ASP | $69,312 | $51,659 | $12.21 |
| American Strategic Income Portfolio II | BSP | $236,854 | $195,860 | $12.25 |
| American Strategic Income Portfolio III | CSP | $300,711 | $257,045 | $12.04 |
| American Select Portfolio | SLA | $176,223 | $137,734 | $12.92 |
| American Income Fund | MRF | $112,728 | $83,643 | $8.85 |
| American Municipal Income Portfolio | XAA | $131,436 | $87,837 | $15.26 |
| Minnesota Municipal Income Portfolio | MXA | $94,141 | $62,284 | $15.02 |
| Minnesota Municipal Income Fund II | MXN | $35,448 | $22,135 | $15.03 |
Financial positions for the month ended January 31, 2006:
| Fund | Symbol | Total Assets (000) | Net Assets |
NAV(1) per |
| American Strategic Income Portfolio | ASP | $58,950 | $51,597 | $12.19 |
| American Strategic Income Portfolio II | BSP | $272,461 | $193,191 | $12.09 |
| American Strategic Income Portfolio III | CSP | $288,106 | $255,791 | $11.98 |
| American Select Portfolio | SLA | $163,416 | $140,565 | $13.18 |
| American Income Fund | MRF | $105,087 | $83,369 | $8.82 |
| American Municipal Income Portfolio | XAA | $134,592 | $88,844 | $15.43 |
| Minnesota Municipal Income Portfolio | MXA | $94,324 | $63,122 | $15.22 |
| Minnesota Municipal Income Fund II | MXN | $35,136 | $22,036 | $14.96 |
Financial positions for the month ended January 31, 2005:
| Fund | Symbol |
Total Assets (000) |
Net Assets |
NAV(1) per |
| American Strategic Income Portfolio | ASP | $59,834 | $53,244 | $12.58 |
| American Strategic Income Portfolio II | BSP | $237,625 | $199,421 | $12.47 |
| American Strategic Income Portfolio III | CSP | $328,106 | $259,488 | $12.15 |
| American Select Portfolio | SLA | $186,853 | $139,641 | $13.10 |
| American Income Fund | MRF | $118,760 | $86,064 | $9.10 |
| American Municipal Income Portfolio | XAA | $135,299 | $90,639 | $15.75 |
| Minnesota Municipal Income Portfolio | MXA | $97,301 | $64,365 | $15.52 |
| Minnesota Municipal Income Fund II | MXN | $35,420 | $22,368 | $15.19 |
(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 December 18, 2006. They had a December 26, 2006, ex-dividend date and were paid on January 10, 2007, to shareholders of record on December 28, 2006.
(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 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) Includes a normal monthly distribution of $0.0650 and a special dividend of $0.07025 from net investment income.
(f) Includes a normal monthly distribution of $0.0650 and a special dividend of $0.02072 from net investment income.
(g) Includes a normal monthly distribution of $0.0800 and a special dividend of $0.26009 from net investment income, $0.01150 from short-term capital gains, and $0.05643 from long-term capital gains.
(h) Includes a normal monthly distribution of $0.0800 and a special dividend of $0.08358 from net investment income, $0.00319 from short-term capital gains, and $0.09373 from long-term capital gains.
(i) Includes $0.07037 from tax-exempt net investment income, $0.00163 from taxable net investment income, and $0.11563 from long-term capital gains.
(j) Includes $0.04891 from tax-exempt net investment income, $0.00209 from taxable net investment income, $0.00079 from short-term capital gains, and $0.14291 from long-term capital gains.
(k) Includes $0.05304 from tax-exempt net investment income, $0.00096 from taxable net investment income, and $0.01118 from long-term capital gains.
(l) 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.
The funds' investment advisor, FAF Advisors, Inc., is based in Minneapolis and is a subsidiary of U.S. Bank National Association (USBNA). FAF Advisors provides investment management services to individuals and institutions, including corporations, foundations, pension funds, public funds, and retirement plans, and had combined assets under management of more than $100 billion as of December 31, 2006. USBNA is a subsidiary of U.S. Bancorp (NYSE:USB). Visit us on the web at usbank.com.
Investment products, including shares of closed-end funds, are not obligations of, or guaranteed by, any bank, including U.S. Bank National Association or any U.S. Bancorp affiliate, 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.
