ATLANTA, March 27, 2014 /PRNewswire/ -- RidgeWorth Investments announced today that three of its funds were recipients of 2014 Lipper Fund Awards. The RidgeWorth Short-Term Municipal Bond Fund, the RidgeWorth Investment Grade Tax-Exempt Bond Fund and the RidgeWorth Mid-Cap Value Equity Fund were recognized by Lipper as funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers.
"We are honored that three RidgeWorth funds have been recognized for such a prestigious industry award," said Ashi Parikh, Chairman, Chief Executive Officer and Chief Investment Officer of RidgeWorth Investments. "At RidgeWorth, we are proud of our investment management capabilities and are committed to providing advisers and investors with strong solutions that can help them meet their investment goals."
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 RidgeWorth Short-Term Municipal Bond Fund was awarded in the Short Municipal Debt Funds category over three years; the RidgeWorth Investment Grade Tax-Exempt Bond Fund was awarded in the Intermediate Municipal Debts Funds category over ten years; and the RidgeWorth Mid-Cap Value Equity Fund was awarded in the Multi-Cap Value Funds category over 10 years.
"The Lipper Award acknowledges the outstanding performance of these funds," said Julia R. Short, President and CEO of the RidgeWorth Funds. "Our investment approach has proven itself in the face of many market challenges over the past several years and these awards validate our commitment to a multi-faceted investment management process, delivering competitive returns in a variety of market environments for our clients."
For information on these and other RidgeWorth funds, visit www.ridgeworth.com
About RidgeWorth Investments
RidgeWorth Investments serves as a holding company that owns interests in six investment boutiques with approximately $50.3 billion of assets under management as of December 31, 2013. 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, Georgia. For more information about RidgeWorth, visit www.ridgeworth.com.
An investor should consider a 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 a 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.
Past performance is not indicative of future results. All investments involve risk. There is no guarantee an investment strategy will be successful. 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. Equity (securities) stocks may be more volatile and carry more risk than other forms of investments, including investments in high grade fixed income securities. The net asset value per share of a fund will fluctuate as the value of the securities in the portfolio changes. Value-based investments are subject to the risk that the broad market may not recognize their intrinsic value. Mid-capitalization funds typically carry additional risks since smaller companies generally have a higher risk of failure.
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. ©2014 Lipper Leader, Reuters. All Rights Reserved. For more information on the Lipper Awards see http://excellence.thomsonreuters.com/awards/lipper.
©2014 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.
©2014 Ceredex Value Advisors LLC is a registered investment adviser with the SEC and a member of the RidgeWorth Capital Management, Inc. network of investment firms.
© 2014 RidgeWorth Investments. RidgeWorth Investments is the trade name for RidgeWorth Capital Management, Inc., an investment adviser 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. Collective Strength Individual Insight is a federally registered service mark of RidgeWorth Investments.
NOT FDIC INSURED
NO BANK GUARANTEE
MAY LOSE VALUE
SOURCE RidgeWorth Investments