Fixed Income (Tax-Exempt)
Seix High Grade Municipal Bond
The RidgeWorth Seix High Grade Municipal Bond Fund invests primarily in investment grade municipal securities with a goal of maximizing total return through current income that is exempt from federal income taxes and capital appreciation consistent with capital preservation. The subadviser anticipates that the Fund’s average weighted maturity will range from 5-25 years.
Peer Group Categories
|SHARE CLASS INCEPTION||01/25/1994||01/18/1994|
Performance inception and share class inception for this fund differs as performance inception includes the performance of other classes of the Fund and/or predecessors of the Fund.
|Gross Expense Ratio||0.70||0.80|
|Net Expense Ratio||0.66||0.80|
|Max Sales Charge||n/a||4.75|
Past performance is not indicative of future results. Performance data quoted represents past performance and current returns may be lower or higher. Total return figures include change in share price, reinvestment of dividends and capital gains. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. For performance data current to the most recent month end, visit our website at www.ridgeworth.com.
Performance numbers of one year or longer have been annualized.
This fund has a contractual fee waiver in place until at least August 1, 2017. Investment performance may reflect voluntary fee waivers which may be discontinued at any time. Without these fee waivers performance would have been lower. For information regarding historical prices, please call 1-888-784-3863.
Monthly Performance (%)
Monthly Performance (%)
As of 06/23/17
|MTD (%)||3 Month (%)||1 Year (%)||3 Years (%)||5 Years (%)||10 Years (%)||Since Inception (%)|
Quarterly Performance (%)
Quarterly Performance (%)
|YTD (%)||MTD (%)||3 Month (%)||1 Year (%)||3 Years (%)||5 Years (%)||10 Years (%)||Since Inception (%)|
|SECURITY||SHARES||TRADED MARKET VALUE||% OF PORTFOLIO|
|FEFEDERATED GOV OBL TX MGD IS FEDERATED GOVERNMENT OB FUND||8,223,296||$ 8,223,296.00||9.22|
|CHARLOTTE NC WTR SWR SYS REV CHAUTL 07/36 ADJUSTABLE VAR||4,375,000||$ 4,375,000.00||4.9|
|CHICAGO IL O HARE INTERNATIONA CHITRN 01/33 FIXED 5||3,500,000||$ 4,007,290.00||4.49|
|SALT LAKE CITY UT ARPT REVENUE SALAPT 07/34 FIXED 5||3,000,000||$ 3,518,670.00||3.94|
|MET SAINT LOUIS MO SWR DIST WS METUTL 05/36 FIXED 5||3,000,000||$ 3,509,760.00||3.93|
|OREGON ST ORS 05/33 FIXED 5||2,785,000||$ 3,390,375.00||3.8|
|UTILITY DEBT SECURITIZATION AU UTLUTL 12/34 FIXED 5||2,500,000||$ 3,016,300.00||3.38|
|MAINE ST TURNPIKE AUTH MESTRN 07/38 FIXED 6||2,500,000||$ 2,758,150.00||3.09|
|SALT LAKE CITY UT ARPT REVENUE SALAPT 07/33 FIXED 5||2,300,000||$ 2,710,803.00||3.04|
|OREGON ST ORS 05/35 FIXED 5||2,250,000||$ 2,706,233.00||3.03|
|IDAHO ST HLTH FACS AUTH REVENU IDSMED 11/37 FIXED OID 6.75||2,500,000||$ 2,672,650.00||3|
|HAWAII ST HIS 10/31 FIXED 5||2,000,000||$ 2,458,920.00||2.76|
|DIST OF COLUMBIA INCOME TAX SE DISGEN 12/30 FIXED 5.5||2,000,000||$ 2,209,520.00||2.48|
|CALIFORNIA ST CAS 04/33 FIXED 6.5||2,000,000||$ 2,203,280.00||2.47|
|BIRMINGHAM AL SPL CARE FACS FI BIRMED 06/39 FIXED OID 6||2,000,000||$ 2,197,520.00||2.46|
|NEW HOPE CULTURAL EDU FACS FIN NHPHSG 07/35 FIXED 5||2,000,000||$ 2,145,480.00||2.41|
|NORTH CAROLINA ST MED CARE COM NCSMED 10/35 FIXED 5||1,625,000||$ 1,913,210.00||2.14|
|CALIFORNIA ST MUNI FIN AUTH ST CASFIN 06/50 FIXED 5||1,750,000||$ 1,862,648.00||2.09|
|SEATTLE WA MUNI LIGHT PWR RE SEAPWR 04/29 FIXED 5.75||1,635,000||$ 1,778,063.00||1.99|
|JEFFERSON LA SALES TAX DIST SP JEFGEN 12/42 FIXED 5||1,500,000||$ 1,734,840.00||1.94|
|KANSAS ST DEV FIN AUTH HOSP RE KSSMED 11/38 FIXED OID 5.75||1,500,000||$ 1,647,390.00||1.85|
|SOUTH CENTRAL CT REGL WTR AUTH SOUWTR 08/37 FIXED 5||1,400,000||$ 1,627,766.00||1.82|
|FULTON CNTY GA DEV AUTH FULDEV 10/36 FIXED OID 5.75||1,250,000||$ 1,420,013.00||1.59|
|MATANUSKA SUSITNA BORO AK LEAS MATREV 09/28 FIXED OID 6||1,270,000||$ 1,410,094.00||1.58|
|ORLANDO FL CONTRACT TOURIST DE ORNFAC 11/32 FIXED 5.25||1,000,000||$ 1,241,790.00||1.39|
|CHICAGO IL O HARE INTERNATIONA CHITRN 01/33 FIXED 5||1,100,000||$ 1,231,571.00||1.38|
|PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/38 INT APROID VAR||1,000,000||$ 1,230,190.00||1.38|
|JEFFERSON LA SALES TAX DIST SP JEFGEN 12/35 FIXED 5||1,000,000||$ 1,172,120.00||1.31|
|NORTH CAROLINA ST TURNPIKE AUT NCSTRN 01/32 FIXED 5||1,000,000||$ 1,162,770.00||1.3|
|ARLINGTON TX HGR EDU FIN CORPE ARLEDU 02/42 FIXED 5||1,000,000||$ 1,162,710.00||1.3|
|CALIFORNIA ST INFRASTRUCTURE CASDEV 11/34 FIXED 5||1,000,000||$ 1,161,490.00||1.3|
|PORT OF PORTLAND OR ARPT REVEN PTPAPT 07/47 FIXED 5||1,000,000||$ 1,160,830.00||1.3|
|LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/35 FIXED 5||1,000,000||$ 1,156,890.00||1.3|
|COLORADO ST EDUCTNL CULTURAL COSEDU 03/43 FIXED 5||1,000,000||$ 1,155,050.00||1.29|
|CALIFORNIA ST CAS 09/30 FIXED 5||1,000,000||$ 1,149,350.00||1.29|
|PORT OF PORTLAND OR ARPT REVEN PTPAPT 07/42 FIXED 5||1,000,000||$ 1,143,970.00||1.28|
|ARLINGTON TX HGR EDU FIN CORPE ARLEDU 08/39 FIXED 5||1,000,000||$ 1,139,110.00||1.28|
|LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/46 FIXED 5||1,000,000||$ 1,133,350.00||1.27|
|UNIV OF ILLINOIS IL UNVHGR 04/38 FIXED 5.75||1,000,000||$ 1,086,450.00||1.22|
|MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/46 FIXED 4||1,000,000||$ 1,058,630.00||1.19|
|ERIE CNTY NY INDL DEV AGY SCH ERIEDU 05/29 FIXED 5.75||1,000,000||$ 1,045,020.00||1.17|
|AUSTIN CONVENTION ENTERPRISES AUSFAC 01/30 FIXED 5||720,000||$ 822,384.00||0.92|
|MATANUSKA SUSITNA BORO AK LEAS MATREV 09/28 FIXED OID 6||730,000||$ 810,526.00||0.91|
|SAN DIEGO CA REDEV AGY SUCCESS SDGGEN 09/28 FIXED 5||500,000||$ 608,025.00||0.68|
|KATY TX INDEP SCH DIST KATSCD 02/38 FIXED 5||510,000||$ 604,279.00||0.68|
|SAN DIEGO CA REDEV AGY SUCCESS SDGGEN 09/29 FIXED 5||405,000||$ 486,842.00||0.55|
|AUSTIN CONVENTION ENTERPRISES AUSFAC 01/25 FIXED 5||380,000||$ 439,846.00||0.49|
|AUSTIN CONVENTION ENTERPRISES AUSFAC 01/34 FIXED 5||300,000||$ 335,067.00||0.38|
Holdings include all trades that were made prior to month end. The cash listed (money market fund) may include amounts that will be used to settle trades that had not reached their settlement date as of the end of the month.
Portfolio holdings are subject to change daily without notice and may not represent current or past portfolio composition. The holdings presented above include those directly held by the Fund and exclude cash, cash equivalents, collateral held on behalf of the RidgeWorth Funds’ securities lending program, as well as certain other assets and liabilities. Unlike the fund's regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, the information provided may differ from a fund's holdings disclosed in its annual/semi-annual report and Form N-Q due to the exclusions noted above.
For information related to the Fund's collateral investments and other items mentioned above, please refer to the most recent Form N-Q or the annual/semi-annual report in the above 'Related Resources' scrolling section of the page. Forms N-Q are available on the SEC’s website at www.sec.gov.
Investment performance may reflect voluntary fee waivers which may be discontinued at any time. Without these fee waivers performance would have been lower. For information regarding historical prices, please call 1-888-784-3863.
Bonds offer a relatively stable level of income, although bond prices will fluctuate providing the potential for principal gain or loss. Intermediate-term, higher-quality bonds generally offer less risk than longer-term bonds and a lower rate of return. Generally, a fund’s fixed income securities will decrease in value if interest rates rise and vice versa. A fund’s income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax. The net asset value (NAV) per share of a fund will fluctuate as the value of the securities in the portfolio changes. Read our description of share classes and share values [NAV and POP].
Credit Ratings noted herein are calculated based on S&P, Moody’s and Fitch ratings. Generally, ratings range from AAA, the highest quality rating, to D, the lowest, with BBB and above being called investment grade securities. BB and below are considered below investment grade securities. If the ratings from all three agencies are available, securities will be assigned the median rating based on the numerical equivalents. If the ratings are available from only two of the agencies, the more conservative of the ratings will be assigned to the security. If the rating is available from only one agency, then that rating will be used. Ratings do not apply to a fund or to a fund’s shares. Ratings are subject to change.
#For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and is rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating™ metrics. Morningstar Rating™ is for the share class selected only; other classes may have different performance characteristics.
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