Fixed Income (Tax-Exempt)
Seix Short-Term Municipal Bond
The RidgeWorth Seix Short-Term 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 will have an average weighted maturity of less than 3 years.
Peer Group Categories
|SHARE CLASS INCEPTION||04/13/2005||03/01/1996|
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.
Effective April 9, 2012, the Maryland Municipal Bond Fund was renamed the Short-Term Municipal Bond Fund.
|Gross Expense Ratio||0.73||0.63|
|Net Expense Ratio||0.69||0.49|
|Max Sales Charge||2.50||n/a|
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||3,441,422||$ 3,441,422.00||11|
|RHODE ISLAND ST PROVIDENCE P RISGEN 08/18 FIXED 5||2,150,000||$ 2,251,007.00||7.2|
|CRAWFORD CNTY OH HOSP FAC REVE CRFMED 11/17 FIXED 1.43||2,000,000||$ 2,000,840.00||6.4|
|CHICAGO IL O HARE INTERNATIONA CHITRN 01/19 FIXED 5||1,500,000||$ 1,593,270.00||5.09|
|CLARKE CNTY GA SCH DIST CLASCD 09/21 FIXED 5||1,240,000||$ 1,436,676.00||4.59|
|BALDWIN CNTY AL BRD OF EDU BALEDU 06/19 FIXED 5||1,250,000||$ 1,348,200.00||4.31|
|MISSOURI ST BRD OF PUBLIC BLDG MOSFAC 04/18 FIXED 4||1,235,000||$ 1,267,752.00||4.05|
|CALIFORNIA ST INFRASTRUCTURE CASDEV 04/38 FLOATING VAR||1,250,000||$ 1,254,188.00||4.01|
|PORT OF SEATTLE WA PTS 12/20 FIXED 5.25||1,030,000||$ 1,175,158.00||3.76|
|MICHIGAN ST MIS 03/22 FIXED 5||1,000,000||$ 1,168,390.00||3.73|
|DIST OF COLUMBIA WTR SWR AUT DISUTL 10/35 FIXED 6||1,000,000||$ 1,067,770.00||3.41|
|RALEIGH NC COMB ENTERPRISE SYS RALGEN 12/18 FIXED 5||1,000,000||$ 1,061,340.00||3.39|
|NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/19 FIXED 5||1,000,000||$ 1,057,350.00||3.38|
|PHILADELPHIA PA GAS WKS REVENU PHIUTL 10/18 FIXED 5||1,000,000||$ 1,049,890.00||3.36|
|AUSTIN TX INDEP SCH DIST AUSSCD 08/33 FIXED OID 5||1,000,000||$ 1,047,720.00||3.35|
|CALIFORNIA ST CAS 08/17 FIXED 5||1,000,000||$ 1,007,130.00||3.22|
|MASSACHUSETTS ST MAS 08/27 FIXED 5||1,000,000||$ 1,006,890.00||3.22|
|CLARK CNTY NV ARPT REVENUE CLAAPT 07/17 FIXED 5||1,000,000||$ 1,003,480.00||3.21|
|NUECES RIVER TX AUTH NUEWTR 07/17 FIXED 3||1,000,000||$ 1,002,710.00||3.21|
|ENERGY N W WA ELEC REVENUE ENEPWR 07/26 FIXED 5||750,000||$ 878,618.00||2.81|
|NORTH CAROLINA ST MED CARE COM NCSMED 10/18 FIXED 5||745,000||$ 779,643.00||2.49|
|TEXAS ST PUBLIC FIN AUTH TXSGEN 01/18 FIXED 4||695,000||$ 696,890.00||2.23|
|NORTH CAROLINA ST TURNPIKE AUT NCSTRN 01/23 FIXED 5||500,000||$ 581,735.00||1.86|
|MARYLAND ST TRANSPRTN AUTH TRA MDSTRN 07/23 FIXED 5||500,000||$ 521,715.00||1.67|
|NORTH CAROLINA ST TURNPIKE AUT NCSTRN 01/22 FIXED 5||350,000||$ 400,218.00||1.28|
|AUSTIN CONVENTION ENTERPRISES AUSFAC 01/22 FIXED 5||300,000||$ 341,199.00||1.09|
|RALEIGH NC COPS RALCTF 02/34 ADJUSTABLE VAR||275,000||$ 275,000.00||0.88|
|CALIFORNIA ST MUNI FIN AUTH ST CASFIN 06/21 FIXED 4||200,000||$ 212,214.00||0.68|
|NEW HOPE CULTURAL EDU FACS FIN NHPHSG 04/18 FIXED 4||200,000||$ 204,182.00||0.65|
|CHARLOTTE NC WTR SWR SYS REV CHAUTL 07/36 ADJUSTABLE VAR||150,000||$ 150,000.00||0.48|
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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