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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1059142	America First Tax Exempt Investors Lp	ATAX	Finance Services (6199)	470810385

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1185544	H George Krauss	1004 Farnam Street Suite 400 Omaha NE 68102		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Beneficial Unit Certificates	Acquisiton	2012-06-05	59,000	$5.12	59,000	No	4	P	Indirect	By Spouse
Beneficial Unit Certificates	Acquisiton	2012-06-05	9,825	$5.10	9,825	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Spouse
No	4	P	Direct

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by The Burlington Capital Group, LLC, the general partner of the general partner of America First Tax Exempt Investors L.P. The reporting person has a beneficial ownership interest in, and is a director of the Burlington Capital Group, LLC and is deemed to have a pecuniary interest in the Beneficial Unit Certificates due to his ownership interest in The Burlington Capital Group, LLC.