ATLANTA, March 15, 2013 /PRNewswire/ -- RidgeWorth Investments announced today that its Investment Grade Tax-Exempt Bond Fund was recognized at the 2013 Lipper Fund Awards ceremony held in New York on Thursday, March 14th. The Lipper Awards "honor the mutual funds, hedge funds, and fund management firms that have delivered stronger and more consistent performance than their peers." Award-winning funds are recognized in most individual classifications for the three-, five- and ten-year periods.
The Investment Grade Tax-Exempt Bond Fund (I shares) received the Lipper Award in the Intermediate Municipal Debt Funds category for the ten-year period1.
Ron Schwartz, Director, Tax-Exempt Portfolio Management at StableRiver Capital Management and subadviser to the Fund said, "We are honored to receive this prestigious industry award. Being recognized by Lipper validates our commitment to employ a multi-faceted investment management process incorporating duration management, yield curve positioning, sector rotation, and security selection as we seek to deliver competitive returns in a variety of market environments for our clients."
For more information about this and other RidgeWorth Funds, please visit ridgeworth.com.
About RidgeWorth Investments
RidgeWorth Investments serves as a holding company that owns interests in six investment boutiques with approximately $48.1 billion of assets under management as of December 31, 2012. RidgeWorth's investment boutiques manage a wide variety of investment disciplines across the fixed income and equity management asset classes. Our boutiques provide investment management services to a growing client base that includes endowments, foundations, corporations, healthcare organizations, municipalities, public funds, associations, insurance companies, labor unions and high net worth individuals. In addition, RidgeWorth serves as the investment adviser to the RidgeWorth Funds mutual fund family. RidgeWorth Investments is a trade name for RidgeWorth Capital Management, Inc., an investment adviser registered with the SEC headquartered in Atlanta. For more information about RidgeWorth, visit www.ridgeworth.com.
1The Lipper Award for the ten-year period in the Intermediate Municipal Debt Funds category was out of 92 funds. The awards are given each year to funds that have at least 36 months of performance history as of the end of the evaluation year and that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. The calculation period for the 2013 awards ended at November-end of 2012. The Lipper Award is not a ranking.
An investor should consider the fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the RidgeWorth Funds can be found in the fund's prospectus. To obtain a prospectus, please call 1-888-784-3863 or visit www.ridgeworth.com. Please read the prospectus carefully before investing.
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. The Fund's income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax. Past performance is not indicative of future results.
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings. For more information, please contact firstname.lastname@example.org or visit excellence.thomsonreuters.com.
©2013 StableRiver Capital Management LLC. StableRiver Capital Management LLC is a registered investment adviser with the SEC and a member of the RidgeWorth Capital Management, Inc. network of investment firms.
©2013 RidgeWorth Investments. RidgeWorth Investments is the trade name for RidgeWorth Capital Management, Inc., an investment advisor registered with the SEC and the adviser to the RidgeWorth Funds. RidgeWorth Funds are distributed by RidgeWorth Distributors LLC, which is not affiliated with the adviser.
©2013 Lipper Leader, Reuters. All Rights Reserved. For more information on the Lipper Awards see http://excellence.thomsonreuters.com/awards/lipper.
NOT FDIC INSURED
NO BANK GUARANTEE
MAY LOSE VALUE
SOURCE RidgeWorth Investments