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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-06557
RidgeWorth Funds
(Exact name of registrant as specified in charter)
RidgeWorth Capital Management, Inc.
3333 Piedmont Road, Suite 1500
Atlanta, GA 30305
(Address of principal executive offices)(Zip code)
(Name and Address of Agent for Service) | Copy to: | |
Julia R. Short RidgeWorth Funds 3333 Piedmont Road, Suite 1500 Atlanta, GA 30305 | W. John McGuire, Esq. Thomas S. Harman, Esq. Bingham McCutchen LLP 2020 K Street, NW Washington, DC 20006 |
Registrant’s telephone number, including area code: 1-888-784-3863
Date of fiscal year end: March 31
Date of reporting period: September 30, 2013
Table of Contents
Item 1. | Reports to Shareholders. |
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Collective Strength. Individual Insight.®
2013 SEMI-ANNUAL REPORT
EQUITY FUNDS
SEPTEMBER 30, 2013
RidgeWorth Investments® is the trade name of RidgeWorth Capital Management, Inc.
Collective Strength. Individual Insight.® is a federally registered service mark of RidgeWorth Investments.®
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RIDGEWORTH FUNDS September 30, 2013
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LETTER TO SHAREHOLDERS
RIDGEWORTH FUNDS September 30, 2013
Dear Valued Client,
We want to thank you, our valued RidgeWorth Funds’ shareholders, for your continued business and support. We focus our efforts on helping you achieve your investment goals, and we are grateful that you have placed your confidence in us. Our sole mission is to earn your trust through providing competitive investment performance and excellent client service. We sincerely hope we have met your expectations in both of these measures and we look forward to continuing as your asset manager in the future.
We are pleased that both the economy and the equity markets continued to heal and grow since our last update six months ago, despite persistent global economic, financial, and fiscal policy challenges. However, that same evidence also suggested an eventual end to the extraordinary monetary stimulus that has kept bond yields at exceptionally low during this time. This update will discuss recent events and provide a broad outline of what we anticipate for both the broader economy and the capital markets as we near the end of 2013 and the beginning of 2014. We are also pleased to report that RidgeWorth Funds maintained its strong long-term performance record over the period.
In the last letter dated March 31, we reiterated our belief that the U.S. economy would continue to expand, helped by moderate job gains, a stronger housing market, consumer balance sheet repair, and further global monetary stimulus. However, we also acknowledged that the risk of setbacks should not be minimized, especially in a politically-charged, sub-par growth environment. The net of factors, combined with continued low inflation and reasonable valuations, suggested to us further potential upside for equities into the coming quarters.
The narrative of the past six months highlights the ability of the economy and the markets to absorb self-imposed challenges from a highly-charged and dysfunctional fiscal policy from Washington. Indeed, the second quarter saw the lingering impact of higher tax rates and across-the-board spending cuts at the beginning of the year that exerted an annualized fiscal “drag” of between 1.5-2% on the economy. Despite this, job gains remained steady though not robust, and consumer spending on durable goods such as cars and homes continued to rise. Businesses, wary of the uncertain environment, kept inventories lower than normal and thus were able to absorb the second quarter slowdown without major layoffs or plant closings.
By the beginning of the third quarter, the economy began to reaccelerate and regain momentum helped by encouraging signs of recovery in Europe and Japan. Indeed the prospective improvement was noted by the Federal Reserve (Fed), and Chairman Ben Bernanke declared that the downside risks to the economy had “diminished” considerably and that the Federal Open Market Committee (FOMC) was considering how and when to reduce or “taper” its huge program of securities purchases—perhaps as soon as the end of the third quarter. Subsequently, the fiscal situation became more uncertain as acrimony surrounding the funding of the new fiscal year reintroduced economic risks and prompted the FOMC to postpone any action.
That said, equity markets still rose steadily during the period with the S&P 500 Index adding 8.31% in the six months ending September 30. Mid-Cap and Small-Cap stocks generated even more impressive returns, with the Russell Midcap Index gaining 10.07% and the Russell 2000 Index surging 13.61%. A more pro-cyclical bias returned to the markets helping the Growth style outperform the Value style for the period. Evidence of economic stability and growth in the eurozone also gave a lift to international equities, though emerging market stocks languished.
The generally improving economic environment and talk about an eventual shift in Fed policy away from accommodation pushed bond yields higher during the period, with the 10-year Treasury yield rising from 1.85% on March 31 to 2.61% on September 30. Short-term yields remained anchored by the Fed’s low interest rate policy, thus the yield curve steepened. The result was a modest decline in bond prices, and the Barclays U.S. Aggregate Bond Index declined 1.77%. However, that same economic strength helped narrow credit spreads and the Barclays U.S. Corporate High Yield Index managed a gain of 0.81%.
RidgeWorth Funds continued to maintain its record of strong long-term performance as more than 60% of our Funds beat their Lipper Peer Group medians for the 1-, 3-, and 5-year period ending March 31, 20131. In addition, almost 80% of our Funds finished in the first or second quartile for the 10-year period1.
Looking ahead, our outlook remains generally positive, though some risks remain. While the economy is growing at a slow rate, we believe the probability favors steady job and income growth in the coming months, further stabilization in home building sales and prices, and incremental improvement in consumer wealth. On the business side, we believe the continued modest topline sales growth we project may keep management teams focused on
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LETTER TO SHAREHOLDERS (concluded)
RIDGEWORTH FUNDS September 30, 2013
expense control and margins, but that steady sales growth could encourage more capital expenditures and hiring. We expect Washington fiscal policy to remain broken, the fiscal “drag” burden of 2013 to be lower, and state and local government finances to contribute to growth next year. We believe inflation will remain relatively low, giving the Federal Reserve some latitude or runway before beginning the slow process of unwinding its stimulus programs.
In this type of environment, we believe that as longstanding economic headwinds dissipate and 2013-2014 company profit forecasts are recalibrated, the equity market has the potential for further improvement. In the fixed income markets, the combination of a slow turn in Federal Reserve policy away from aggressive security purchases and a multiyear commitment to low short-term rates could result in a further steepening in the yield curve (higher long-term yields), but the pace of that shift could be slow and extended. We believe the markets will continue to offer opportunities to investors, but they will be more selective and company-specific—a market that fits well with the RidgeWorth bottom-up approach to security selection.
Sincerely,
Ashi Parikh
Chairman, CEO, CIO
RidgeWorth Investments®
1 | For the period ended September 30, 2013, 62% (20/32), 66% (21/32), 72% (23/32) and 78% (22/28) of the RidgeWorth Funds (I Shares) beat their Lipper peer group medians for the 1-, 3-, 5- and 10-year periods, respectively. The Lipper rankings are as of September 30, 2013, for I Shares only, based on total returns and do not reflect a sales charge. ©2013 Lipper Leader, Reuters. All Rights Reserved. Lipper Ratings are according to Lipper, a Thomson Reuters Company. Past performance is not indicative of future results. |
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INDUSTRY ALLOCATIONS (As a Percentage of Total Investments)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Aggressive Growth Stock Fund | ||||
Information Technology | 36.2% | |||
Consumer Discretionary | 28.0% | |||
Health Care | 9.5% | |||
Financials | 8.7% | |||
Industrials | 8.3% | |||
Energy | 6.8% | |||
Money Market Fund | 2.5% | |||
International Equity Fund | ||||
Financials | 30.1% | |||
Consumer Discretionary | 16.1% | |||
Industrials | 15.5% | |||
Materials | 8.6% | |||
Consumer Staples | 7.3% | |||
Health Care | 5.6% | |||
Energy | 4.4% | |||
Information Technology | 4.2% | |||
Telecommunication Services | 3.9% | |||
Utilities | 0.5% | |||
Short-Term Investment | 0.8% | |||
Money Market Fund | 3.0% | |||
International Equity Index Fund | ||||
Financials | 23.5% | |||
Industrials | 12.8% | |||
Consumer Discretionary | 12.6% | |||
Consumer Staples | 8.4% | |||
Materials | 8.0% | |||
Health Care | 7.6% | |||
Energy | 7.2% | |||
Telecommunication Services | 6.0% | |||
Information Technology | 4.8% | |||
Utilities | 4.8% | |||
Exchange Traded Funds | 3.7% | |||
Short-Term Investment | 0.5% | |||
Money Market Fund | 0.1% | |||
Large Cap Growth Stock Fund | ||||
Information Technology | 29.2% | |||
Consumer Discretionary | 20.9% | |||
Industrials | 14.5% | |||
Health Care | 14.3% | |||
Consumer Staples | 7.9% | |||
Energy | 5.6% | |||
Financials | 4.7% | |||
Materials | 1.5% | |||
Short-Term Investment | 0.1% | |||
Money Market Fund | 1.3% |
Large Cap Value Equity Fund | ||||
Financials | 24.8% | |||
Industrials | 18.1% | |||
Health Care | 13.0% | |||
Energy | 12.2% | |||
Information Technology | 8.7% | |||
Consumer Discretionary | 7.9% | |||
Consumer Staples | 6.1% | |||
Materials | 2.3% | |||
Telecommunication Services | 1.9% | |||
Utilities | 1.7% | |||
Short-Term Investment | 0.8% | |||
Money Market Fund | 2.5% | |||
Mid-Cap Value Equity Fund | ||||
Financials | 28.7% | |||
Industrials | 14.4% | |||
Materials | 10.9% | |||
Energy | 9.7% | |||
Health Care | 8.2% | |||
Information Technology | 7.5% | |||
Utilities | 6.7% | |||
Consumer Discretionary | 4.8% | |||
Consumer Staples | 1.9% | |||
Short-Term Investment | 3.1% | |||
Money Market Fund | 4.1% | |||
Select Large Cap Growth Stock Fund | ||||
Information Technology | 27.1% | |||
Consumer Discretionary | 18.3% | |||
Industrials | 15.7% | |||
Health Care | 13.7% | |||
Consumer Staples | 7.9% | |||
Energy | 6.3% | |||
Financials | 5.4% | |||
Materials | 2.7% | |||
Money Market Fund | 2.9% | |||
Small Cap Growth Stock Fund | ||||
Information Technology | 19.8% | |||
Health Care | 14.9% | |||
Industrials | 14.8% | |||
Consumer Discretionary | 14.5% | |||
Financials | 12.5% | |||
Energy | 3.6% | |||
Materials | 3.3% | |||
Consumer Staples | 2.1% | |||
Telecommunication Services | 1.6% | |||
Short-Term Investment | 11.1% | |||
Money Market Fund | 1.8% |
Industry allocation is subject to change.
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INDUSTRY ALLOCATIONS (As a Percentage of Total Investments)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Small Cap Value Equity Fund | ||||
Industrials | 27.9% | |||
Consumer Discretionary | 21.3% | |||
Financials | 20.9% | |||
Information Technology | 8.0% | |||
Energy | 7.4% | |||
Materials | 5.2% | |||
Health Care | 4.2% | |||
Consumer Staples | 3.8% | |||
Utilities | 0.6% | |||
Money Market Fund | 0.7% | |||
Aggressive Growth Allocation Strategy | ||||
Equity Funds | 72.3% | |||
Exchange Traded Funds | 14.8% | |||
Fixed Income Funds | 12.0% | |||
Money Market Fund | 0.9% |
Conservative Allocation Strategy | ||||
Fixed Income Funds | 60.2% | |||
Equity Funds | 29.8% | |||
Exchange Traded Funds | 9.0% | |||
Money Market Fund | 1.0% | |||
Growth Allocation Strategy | ||||
Equity Funds | 63.0% | |||
Fixed Income Funds | 22.2% | |||
Exchange Traded Funds | 13.9% | |||
Money Market Fund | 0.9% | |||
Moderate Allocation Strategy | ||||
Equity Funds | 46.4% | |||
Fixed Income Funds | 41.7% | |||
Exchange Traded Funds | 10.9% | |||
Money Market Fund | 1.0% |
Industry allocation is subject to change.
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Aggressive Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 95.6% | ||||||||
Consumer Discretionary 27.5% | ||||||||
Amazon.com, Inc.* | 4,400 | 1,375,616 | ||||||
Chipotle Mexican Grill, Inc.* | 1,450 | 621,615 | ||||||
Deckers Outdoor Corp.* | 5,100 | 336,192 | ||||||
HomeAway, Inc.* | 13,800 | 386,400 | ||||||
Lululemon Athletica, Inc.* | 8,400 | 613,956 | ||||||
Michael Kors Holdings Ltd.* | 7,200 | 536,544 | ||||||
Netflix, Inc.* | 4,150 | 1,283,221 | ||||||
Priceline.com, Inc.* | 1,400 | 1,415,330 | ||||||
Tesla Motors, Inc.* | 12,450 | 2,408,079 | ||||||
Vipshop Holdings Ltd.* | 3,300 | 187,440 | ||||||
|
| |||||||
9,164,393 | ||||||||
|
| |||||||
Energy 6.7% | ||||||||
Atwood Oceanics, Inc.* | 5,500 | 302,720 | ||||||
Dresser-Rand Group, Inc.* | 9,400 | 586,560 | ||||||
FMC Technologies, Inc.* | 10,300 | 570,826 | ||||||
Pioneer Natural Resources Co. | 4,050 | 764,640 | ||||||
|
| |||||||
2,224,746 | ||||||||
|
| |||||||
Financials 8.5% | ||||||||
Charles Schwab Corp. (The) | 29,900 | 632,086 | ||||||
Financial Engines, Inc. | 9,900 | 588,456 | ||||||
First Republic Bank | 7,000 | 326,410 | ||||||
Portfolio Recovery Associates, Inc.* | 21,700 | 1,300,698 | ||||||
|
| |||||||
2,847,650 | ||||||||
|
| |||||||
Health Care 9.3% | ||||||||
Catamaran Corp.* | 22,850 | 1,049,957 | ||||||
Celgene Corp.* | 4,400 | 677,292 | ||||||
IPC The Hospitalist Co.* | 3,550 | 181,086 | ||||||
Medidata Solutions, Inc.* | 6,100 | 603,473 | ||||||
Salix Pharmaceuticals Ltd.* | 5,800 | 387,904 | ||||||
Vertex Pharmaceuticals, Inc.* | 2,800 | 212,296 | ||||||
|
| |||||||
3,112,008 | ||||||||
|
| |||||||
Industrials 8.2% | ||||||||
BE Aerospace, Inc.* | 9,000 | 664,380 | ||||||
Chart Industries, Inc.* | 4,050 | 498,312 | ||||||
PACCAR, Inc. | 10,750 | 598,345 | ||||||
Precision Castparts Corp. | 4,200 | 954,408 | ||||||
|
| |||||||
2,715,445 | ||||||||
|
| |||||||
Information Technology 35.4% | ||||||||
Alliance Data Systems Corp.* | 3,500 | 740,145 | ||||||
Cognizant Technology Solutions Corp., Cl A* | 9,300 | 763,716 | ||||||
eBay, Inc.* | 11,400 | 636,006 | ||||||
F5 Networks, Inc.* | 10,000 | 857,600 | ||||||
Facebook, Inc., Cl A* | 34,650 | 1,740,816 | ||||||
Google, Inc., Cl A* | 1,400 | 1,226,274 | ||||||
LinkedIn Corp., Cl A* | 5,100 | 1,254,906 | ||||||
MercadoLibre, Inc. | 7,200 | 971,352 |
Shares | Value($) | |||||||
Information Technology—continued |
| |||||||
Mitek Systems, Inc.* | 32,200 | 166,796 | ||||||
Pandora Media, Inc.* | 22,650 | 569,194 | ||||||
QUALCOMM, Inc. | 9,900 | 666,864 | ||||||
Rocket Fuel, Inc.* | 100 | 5,374 | ||||||
ServiceNow, Inc.* | 3,900 | 202,605 | ||||||
Splunk, Inc.* | 4,200 | 252,168 | ||||||
Workday, Inc., Cl A* | 1,550 | 125,442 | ||||||
Yelp, Inc.* | 9,800 | 648,564 | ||||||
Zillow, Inc.* | 11,600 | 978,692 | ||||||
|
| |||||||
11,806,514 | ||||||||
|
| |||||||
Total Common Stocks | 31,870,756 | |||||||
|
| |||||||
Money Market Fund 2.5% | ||||||||
State Street Institutional | 830,243 | 830,243 | ||||||
|
| |||||||
Total Money Market Fund | 830,243 | |||||||
|
| |||||||
Total Investments | 32,700,999 | |||||||
Other Assets in Excess of | 635,179 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 33,336,178 | ||||||
|
|
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
See Notes to Financial Statements.
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Fund
Shares | Value($) | |||||||
Common Stocks 94.5% | ||||||||
Australia 4.0% | ||||||||
AMP Ltd. | 105,468 | 453,583 | ||||||
Australia & New Zealand Banking Group Ltd. | 12,152 | 348,941 | ||||||
Fortescue Metals Group Ltd. | 92,770 | 411,089 | ||||||
|
| |||||||
1,213,613 | ||||||||
|
| |||||||
Austria 2.3% | ||||||||
OMV AG | 8,287 | 409,204 | ||||||
Voestalpine AG | 6,149 | 294,024 | ||||||
|
| |||||||
703,228 | ||||||||
|
| |||||||
Belgium 4.1% | ||||||||
Ageas | 15,660 | 634,298 | ||||||
Anheuser-Busch InBev NV(a) | 5,976 | 593,972 | ||||||
|
| |||||||
1,228,270 | ||||||||
|
| |||||||
China 0.6%(a) | ||||||||
Agricultural Bank of China Ltd., H Shares | 359,000 | 165,543 | ||||||
|
| |||||||
France 15.4% | ||||||||
AXA SA(a) | 27,881 | 647,040 | ||||||
BNP Paribas | 11,987 | 810,831 | ||||||
Cap Gemini SA | 5,359 | 318,779 | ||||||
Publicis Groupe SA | 7,063 | 562,036 | ||||||
Renault SA | 5,009 | 399,335 | ||||||
Sanofi-Aventis | 3,138 | 318,266 | ||||||
Total SA(a) | 7,655 | 444,919 | ||||||
Valeo SA | 4,612 | 393,827 | ||||||
Vinci SA | 7,750 | 450,523 | ||||||
Vivendi SA | 13,987 | 321,774 | ||||||
|
| |||||||
4,667,330 | ||||||||
|
| |||||||
Germany 14.8% | ||||||||
Adidas AG(a) | 3,658 | 397,245 | ||||||
Allianz SE | 1,928 | 303,084 | ||||||
BASF SE(a) | 5,985 | 574,651 | ||||||
Continental AG | 1,848 | 313,258 | ||||||
Deutsche Lufthansa AG* | 17,526 | 341,780 | ||||||
Deutsche Post AG | 20,282 | 673,067 | ||||||
Fresenius SE | 2,549 | 316,634 | ||||||
Hannover Rueckversicherung AG | 3,887 | 285,854 | ||||||
Infineon Technologies AG | 31,989 | 320,029 | ||||||
SAP AG | 4,814 | 356,045 | ||||||
Siemens AG | 4,827 | 581,580 | ||||||
|
| |||||||
4,463,227 | ||||||||
|
| |||||||
Hong Kong 1.2%(a) | ||||||||
New World Development Co. Ltd. | 246,000 | 370,052 | ||||||
|
| |||||||
Hungary 0.9% | ||||||||
OTP Bank PLC | 13,863 | 274,309 | ||||||
|
|
Shares | Value($) | |||||||
Italy 2.5%(a) | ||||||||
Intesa Sanpaolo SpA | 359,795 | 743,370 | ||||||
Japan 20.4%(a) | ||||||||
Aozora Bank Ltd. | 91,000 | 270,139 | ||||||
Canon, Inc. | 8,353 | 266,932 | ||||||
Daicel Corp. | 38,979 | 352,532 | ||||||
Honda Motor Co. Ltd. | 11,204 | 428,165 | ||||||
ITOCHU Corp. | 69,805 | 857,641 | ||||||
JFE Holdings, Inc. | 7,100 | 185,001 | ||||||
JX Holdings, Inc. | 39,135 | 203,528 | ||||||
Marubeni Corp. | 53,749 | 424,248 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 97,186 | 623,433 | ||||||
Mitsui & Co. Ltd. | 11,116 | 161,967 | ||||||
Sekisui Chemical Co. Ltd. | 25,431 | 259,750 | ||||||
Sumitomo Corp. | 51,666 | 697,771 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 12,461 | 604,956 | ||||||
Sumitomo Rubber Industries Ltd. | 11,783 | 182,398 | ||||||
Toyota Motor Corp. | 7,049 | 452,060 | ||||||
Unipres Corp. | 9,706 | 206,099 | ||||||
|
| |||||||
6,176,620 | ||||||||
|
| |||||||
Netherlands 3.1% | ||||||||
Koninklijke Ahold NV | 31,538 | 546,341 | ||||||
LyondellBasell Industries NV, Cl A | 5,160 | 377,867 | ||||||
|
| |||||||
924,208 | ||||||||
|
| |||||||
Norway 2.0% | ||||||||
Telenor ASA | 20,107 | 459,436 | ||||||
Yara International ASA | 3,582 | 147,908 | ||||||
|
| |||||||
607,344 | ||||||||
|
| |||||||
Russia 1.1% | ||||||||
Sberbank of Russia SP ADR | 28,313 | 341,172 | ||||||
|
| |||||||
South Korea 0.5% | ||||||||
Korea Electric Power Corp.* | 5,768 | 161,285 | ||||||
|
| |||||||
Sweden 0.6% | ||||||||
Volvo AB, Cl B | 12,069 | 180,752 | ||||||
|
| |||||||
Switzerland 6.5% | ||||||||
Credit Suisse Group AG*(a) | 21,018 | 644,060 | ||||||
Roche Holding AG | 2,100 | 566,362 | ||||||
Swiss Life Holding AG* | 2,165 | 409,850 | ||||||
Swiss Re Ltd.* | 3,974 | 328,695 | ||||||
|
| |||||||
1,948,967 | ||||||||
|
| |||||||
Turkey 1.2% | ||||||||
Koc Holding AS | 11,966 | 55,208 | ||||||
Turkiye Halk Bankasi AS | 43,782 | 320,771 | ||||||
|
| |||||||
375,979 | ||||||||
|
|
See Notes to Financial Statements.
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Fund — concluded
Shares | Value($) | |||||||
United Kingdom 13.3% | ||||||||
AstraZeneca PLC(a) | 9,433 | 490,240 | ||||||
Barclays PLC | 119,677 | 514,393 | ||||||
Bodycote PLC | 24,953 | 262,577 | ||||||
British American Tobacco PLC | 12,004 | 636,732 | ||||||
BT Group PLC | 129,789 | 719,436 | ||||||
Rio Tinto PLC SP ADR(b) | 4,870 | 237,461 | ||||||
Royal Dutch Shell PLC, Cl A | 7,888 | 260,506 | ||||||
SABMiller PLC(a) | 8,423 | 429,371 | ||||||
WPP PLC | 22,457 | 461,717 | ||||||
|
| |||||||
4,012,433 | ||||||||
|
| |||||||
Total Common Stocks | 28,557,702 | |||||||
|
| |||||||
Preferred Stock 1.6% | ||||||||
Germany 1.6% | ||||||||
Volkswagen AG, 2.04% | 1,991 | 469,347 | ||||||
|
| |||||||
Total Preferred Stock | 469,347 | |||||||
|
| |||||||
Short-Term Investment 0.8% | ||||||||
RidgeWorth Funds Securities Lending Joint Account(c) | 242,400 | 242,400 | ||||||
|
| |||||||
Total Short-Term Investment | 242,400 | |||||||
|
| |||||||
Money Market Fund 3.0% | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(d) | 907,592 | 907,592 | ||||||
|
| |||||||
Total Money Market Fund | 907,592 | |||||||
|
|
Shares | Value($) | |||||
Total Investments | 30,177,041 | |||||
Other Assets in Excess of Liabilities — 0.1% | 44,872 | |||||
|
| |||||
Net Assets — 100.0% | $ | 30,221,913 | ||||
|
|
* | Non-income producing security. |
(a) | Valued at fair value using procedures approved by the Board of Trustees. Fair valued securities held by the Fund represent 38.6% of net assets as of September 30, 2013. |
(b) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $234,048. |
(c) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(h)). |
(d) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
SP ADR — Sponsored American Depositary Receipt
See Notes to Financial Statements.
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Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund
Shares | Value($) | |||||||
Common Stocks 95.5% | ||||||||
Australia 5.9% | ||||||||
AGL Energy Ltd. | 1,841 | 26,483 | ||||||
ALS Ltd. | 1,149 | 11,255 | ||||||
Alumina Ltd.*(a) | 8,448 | 8,114 | ||||||
Amcor Ltd.(a) | 4,037 | 39,503 | ||||||
AMP Ltd. | 9,803 | 42,159 | ||||||
APA Group | 2,768 | 15,416 | ||||||
Asciano Ltd. | 3,263 | 17,747 | ||||||
ASX Ltd. | 587 | 18,909 | ||||||
Aurizon Holdings Ltd. | 6,792 | 29,654 | ||||||
Australia & New Zealand Banking Group Ltd. | 9,177 | 263,515 | ||||||
Bendigo and Adelaide Bank Ltd. | 1,364 | 12,750 | ||||||
BGP Holdings PLC*(a)(b) | 737,041 | — | ||||||
BHP Billiton Ltd. | 10,630 | 354,424 | ||||||
Boral Ltd. | 2,565 | 11,486 | ||||||
Brambles Ltd. | 5,207 | 44,253 | ||||||
Caltex Australia Ltd.(a) | 452 | 7,859 | ||||||
CFS Retail Property Trust REIT | 7,096 | 13,240 | ||||||
Coca-Cola Amatil Ltd. | 1,912 | 21,868 | ||||||
Cochlear Ltd. | 192 | 10,833 | ||||||
Commonwealth Bank of Australia | 5,383 | 357,603 | ||||||
Computershare Ltd. | 1,581 | 14,631 | ||||||
Crown Ltd. | 1,340 | 19,439 | ||||||
CSL Ltd. | 1,667 | 99,529 | ||||||
Dexus Property Group REIT | 16,185 | 15,174 | ||||||
Echo Entertainment Group Ltd.(a) | 2,625 | 6,787 | ||||||
Federation Centres Ltd., REIT | 4,776 | 10,159 | ||||||
Flight Centre Ltd. | 186 | 8,381 | ||||||
Fortescue Metals Group Ltd. | 5,208 | 23,078 | ||||||
Goodman Group | 5,731 | 26,091 | ||||||
GPT Group REIT | 5,917 | 19,210 | ||||||
Harvey Norman Holdings Ltd. | 1,778 | 5,275 | ||||||
Iluka Resources Ltd. | 1,401 | 14,978 | ||||||
Incitec Pivot Ltd.(a) | 5,449 | 13,698 | ||||||
Insurance Australia Group Ltd. | 6,955 | 38,086 | ||||||
Leighton Holdings Ltd. | 566 | 10,164 | ||||||
Lend Lease Group | 1,826 | 17,307 | ||||||
Macquarie Group Ltd. | 1,022 | 45,679 | ||||||
Metcash Ltd. | 2,947 | 8,798 | ||||||
Mirvac Group REIT | 12,251 | 19,886 | ||||||
National Australia Bank Ltd. | 7,834 | 250,822 | ||||||
Newcrest Mining Ltd. | 2,563 | 27,975 | ||||||
Orica Ltd. | 1,228 | 22,981 | ||||||
Origin Energy Ltd. | 3,660 | 48,143 | ||||||
Qantas Airways Ltd.* | 3,685 | 5,071 | ||||||
QBE Insurance Group Ltd. | 4,003 | 54,784 | ||||||
Ramsay Health Care Ltd. | 440 | 14,863 | ||||||
Rio Tinto Ltd. | 1,458 | 83,977 | ||||||
Santos Ltd.(a) | 3,217 | 45,420 | ||||||
Seek Ltd. | 1,074 | 11,903 |
Shares | Value($) | |||||||
Australia—continued | ||||||||
Sonic Healthcare Ltd. | 1,260 | 19,031 | ||||||
SP Ausnet | 5,633 | 6,306 | ||||||
Stockland REIT | 7,367 | 26,597 | ||||||
Suncorp Group Ltd. | 4,304 | 52,479 | ||||||
Sydney Airport | 623 | 2,284 | ||||||
TABCORP Holdings Ltd. | 2,456 | 7,515 | ||||||
Tatts Group Ltd. | 4,644 | 13,430 | ||||||
Telstra Corp. Ltd. | 14,567 | 67,540 | ||||||
Toll Holdings Ltd. | 2,280 | 12,400 | ||||||
Transurban Group | 4,708 | 29,866 | ||||||
Treasury Wine Estates Ltd. | 2,166 | 8,931 | ||||||
Wesfarmers Ltd. | 3,368 | 129,231 | ||||||
Westfield Group REIT | 7,080 | 72,720 | ||||||
Westfield Retail Trust REIT | 10,216 | 28,306 | ||||||
Westpac Banking Corp. | 10,381 | 316,972 | ||||||
Whitehaven Coal Ltd.* | 1,866 | 3,499 | ||||||
Woodside Petroleum Ltd. | 2,205 | 78,805 | ||||||
Woolworths Ltd. | 4,158 | 135,765 | ||||||
WorleyParsons Ltd. | 693 | 15,723 | ||||||
|
| |||||||
3,316,760 | ||||||||
|
| |||||||
Austria 1.6% | ||||||||
Andritz AG(a) | 1,797 | 105,795 | ||||||
Erste Group Bank AG | 5,742 | 181,462 | ||||||
Immofinanz AG* | 23,674 | 103,352 | ||||||
OMV AG | 3,635 | 179,493 | ||||||
Raiffeisen Bank International AG | 1,207 | 39,500 | ||||||
Telekom Austria AG | 5,466 | 45,832 | ||||||
Verbund AG | 1,681 | 38,046 | ||||||
Vienna Insurance Group | 948 | 48,671 | ||||||
Voestalpine AG | 2,766 | 132,260 | ||||||
|
| |||||||
874,411 | ||||||||
|
| |||||||
Belgium 1.8% | ||||||||
Ageas | 1,664 | 67,399 | ||||||
Anheuser-Busch InBev NV(a) | 5,676 | 564,154 | ||||||
Belgacom SA | 1,097 | 29,162 | ||||||
Colruyt SA | 546 | 30,311 | ||||||
Delhaize Group SA | 735 | 46,327 | ||||||
Groupe Bruxelles Lambert SA | 582 | 49,501 | ||||||
KBC Groep NV | 1,653 | 81,210 | ||||||
Solvay SA | 427 | 64,034 | ||||||
Telenet Group Holding NV | 370 | 18,423 | ||||||
UCB SA | 793 | 48,266 | ||||||
Umicore | 822 | 39,933 | ||||||
|
| |||||||
1,038,720 | ||||||||
|
| |||||||
Cayman Islands 0.1% | ||||||||
Sands China Ltd.(a) | 3,527 | 21,870 | ||||||
Wynn Macau Ltd. | 2,272 | 7,748 | ||||||
|
| |||||||
29,618 | ||||||||
|
|
See Notes to Financial Statements.
8
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
China 0.0%(a)(c) | ||||||||
AAC Technologies Holdings, Inc. | 1,076 | 4,909 | ||||||
|
| |||||||
Denmark 1.2% | ||||||||
A.P. Moller—Maersk A/S, Cl A | 3 | 25,946 | ||||||
A.P. Moller—Maersk A/S, Cl B(a) | 7 | 64,282 | ||||||
Carlsberg A/S, Cl B | 523 | 53,883 | ||||||
Coloplast A/S, Cl B | 540 | 30,746 | ||||||
Danske Bank A/S* | 3,359 | 72,321 | ||||||
DSV A/S | 912 | 25,872 | ||||||
Novo Nordisk A/S, Cl B(a) | 1,967 | 333,462 | ||||||
Novozymes A/S, Cl B | 1,119 | 42,807 | ||||||
TDC A/S | 3,600 | 30,462 | ||||||
Tryg A/S | 120 | 11,046 | ||||||
William Demant Holding A/S* | 128 | 11,829 | ||||||
|
| |||||||
702,656 | ||||||||
|
| |||||||
Finland 1.1% | ||||||||
Elisa Oyj | 793 | 18,903 | ||||||
Fortum Oyj(a) | 2,477 | 55,894 | ||||||
Kesko Oyj, Cl B | 356 | 10,682 | ||||||
Kone Oyj, Cl B(a) | 869 | 77,645 | ||||||
Metso Oyj(a) | 714 | 28,025 | ||||||
Neste Oil Oyj(a) | 716 | 15,891 | ||||||
Nokia Oyj*(a) | 20,880 | 136,287 | ||||||
Nokian Renkaat Oyj | 628 | 31,894 | ||||||
Orion Oyj, Cl B | 547 | 13,779 | ||||||
Pohjola Bank PLC | 773 | 12,842 | ||||||
Sampo Oyj, Cl A | 2,217 | 95,257 | ||||||
Stora Enso Oyj | 3,073 | 26,046 | ||||||
UPM-Kymmene Oyj | 2,937 | 40,647 | ||||||
Wartsila Oyj | 992 | 44,797 | ||||||
�� |
|
| ||||||
608,589 | ||||||||
|
| |||||||
France 10.1% | ||||||||
Accor SA | 758 | 31,523 | ||||||
Aeroports de Paris | 142 | 14,867 | ||||||
Air Liquide SA | 1,487 | 207,103 | ||||||
Alstom | 1,027 | 36,582 | ||||||
Arkema SA | 299 | 33,311 | ||||||
Atos Origin SA | 266 | 20,775 | ||||||
AXA SA(a) | 8,523 | 197,795 | ||||||
BNP Paribas | 4,728 | 319,814 | ||||||
Bouygues SA | 926 | 33,793 | ||||||
Bureau Veritas SA | 1,054 | 33,224 | ||||||
Cap Gemini SA | 685 | 40,747 | ||||||
Carrefour SA(a) | 2,869 | 98,330 | ||||||
Casino Guichard-Perrachon SA | 269 | 27,719 | ||||||
Christian Dior SA | 260 | 50,985 | ||||||
CNP Assurances | 766 | 13,798 | ||||||
Compagnie de Saint—Gobain | 1,896 | 93,892 | ||||||
Compagnie Generale d’Optique Essilor International SA | 971 | 104,433 |
Shares | Value($) | |||||||
France—continued | ||||||||
Compagnie Generale de Geophysique-Veritas* | 756 | 17,423 | ||||||
Compagnie Generale des Etablissements Michelin | 869 | 96,366 | ||||||
Credit Agricole SA* | 4,754 | 52,423 | ||||||
Danone SA | 2,717 | 204,516 | ||||||
Dassault Systemes SA(a) | 298 | 39,816 | ||||||
Edenred | 968 | 31,429 | ||||||
Electricite de France | 1,144 | 36,184 | ||||||
Eurazeo | 182 | 11,685 | ||||||
European Aeronautic Defence and Space Co. | 2,769 | 176,420 | ||||||
Eutelsat Communications | 682 | 21,562 | ||||||
Fonciere Des Regions | 139 | 11,529 | ||||||
France Telecom SA | 8,821 | 110,612 | ||||||
GDF SUEZ | 6,314 | 158,623 | ||||||
Gecina SA(a) | 105 | 13,443 | ||||||
Groupe Eurotunnel SA | 2,617 | 23,852 | ||||||
Groupe Fnac* | 45 | 1,201 | ||||||
ICADE REIT | 112 | 10,229 | ||||||
Iliad SA | 110 | 25,670 | ||||||
Imerys | 162 | 11,311 | ||||||
JCDecaux SA(a) | 318 | 11,725 | ||||||
Klepierre | 475 | 20,595 | ||||||
L’Oreal SA | 1,150 | 197,506 | ||||||
Lafarge SA | 890 | 61,996 | ||||||
Lagardere SCA | 531 | 17,244 | ||||||
Legrand SA(a) | 1,190 | 66,106 | ||||||
LVMH Moet Hennessy Louis Vuitton SA | 1,209 | 238,143 | ||||||
Natixis | 4,406 | 21,089 | ||||||
Pernod-Ricard SA | 1,011 | 125,544 | ||||||
PPR | 361 | 80,900 | ||||||
Publicis Groupe SA | 850 | 67,638 | ||||||
Remy Cointreau SA | 122 | 13,001 | ||||||
Renault SA | 916 | 73,027 | ||||||
Rexel SA | 713 | 18,134 | ||||||
Safran SA | 1,190 | 73,306 | ||||||
Sanofi-Aventis | 5,716 | 579,735 | ||||||
Schneider Electric SA | 2,511 | 212,347 | ||||||
Scor SE | 732 | 24,237 | ||||||
Societe BIC SA | 139 | 16,163 | ||||||
Societe Generale SA | 3,341 | 166,467 | ||||||
Sodexo | 449 | 41,894 | ||||||
Suez Environnement SA | 1,337 | 21,687 | ||||||
Technip SA | 485 | 56,946 | ||||||
Thales SA | 434 | 23,858 | ||||||
Total SA(a) | 9,991 | 580,690 | ||||||
Unibail-Rodamco SE, REIT | 452 | 112,147 | ||||||
Vallourec SA | 506 | 30,305 | ||||||
Veolia Environnement SA | 1,614 | 27,567 |
See Notes to Financial Statements.
9
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
France—continued | ||||||||
Vinci SA | 2,206 | 128,239 | ||||||
Vivendi SA | 5,667 | 130,371 | ||||||
Wendel SA | 154 | 20,876 | ||||||
Zodiac Aerospace | 163 | 25,943 | ||||||
|
| |||||||
5,698,411 | ||||||||
|
| |||||||
Germany 12.3% | ||||||||
Adidas AG(a) | 1,437 | 156,053 | ||||||
Allianz SE | 3,105 | 488,110 | ||||||
Axel Springer AG | 273 | 15,183 | ||||||
BASF SE(a) | 6,310 | 605,856 | ||||||
Bayer AG | 5,706 | 672,820 | ||||||
Bayerische Motoren Werke AG | 2,272 | 244,265 | ||||||
Beiersdorf AG | 693 | 61,539 | ||||||
Brenntag AG | 354 | 58,930 | ||||||
Celesio AG | 585 | 13,169 | ||||||
Commerzbank AG* | 6,637 | 76,410 | ||||||
Continental AG | 755 | 127,982 | ||||||
Daimler AG | 6,562 | 511,516 | ||||||
Deutsche Bank AG | 6,994 | 321,135 | ||||||
Deutsche Boerse AG | 1,325 | 99,682 | ||||||
Deutsche Lufthansa AG* | 1,578 | 30,773 | ||||||
Deutsche Post AG | 6,220 | 206,413 | ||||||
Deutsche Telekom AG | 19,268 | 279,305 | ||||||
E.ON AG | 12,354 | 219,777 | ||||||
Fraport AG | 254 | 17,827 | ||||||
Fresenius Medical Care AG | 1,455 | 94,660 | ||||||
Fresenius SE | 857 | 106,455 | ||||||
GEA Group AG | 1,256 | 51,579 | ||||||
Hannover Rueckversicherung AG | 415 | 30,520 | ||||||
Heidelberg Cement AG | 966 | 74,504 | ||||||
Henkel AG & Co. KGaA | 892 | 79,005 | ||||||
Hochtief AG | 212 | 18,507 | ||||||
Hugo Boss AG | 219 | 28,330 | ||||||
Infineon Technologies AG | 7,413 | 74,162 | ||||||
K+S AG(d) | 1,183 | 30,664 | ||||||
Kabel Deutschland Holding AG | 329 | 41,838 | ||||||
Lanxess AG | 571 | 37,064 | ||||||
Linde AG | 1,271 | 251,731 | ||||||
MAN SE | 243 | 28,975 | ||||||
Merck KGaA | 445 | 69,443 | ||||||
Metro AG | 891 | 35,318 | ||||||
Muenchener Rueckversicherungs AG | 1,231 | 240,561 | ||||||
Osram Licht AG* | 539 | 25,303 | ||||||
ProSiebenSat.1 Media AG | 714 | 30,330 | ||||||
RWE AG | 3,357 | 114,174 | ||||||
SAP AG | 6,320 | 467,429 | ||||||
Siemens AG | 5,439 | 655,317 | ||||||
Suedzucker AG | 561 | 16,530 | ||||||
Telefonica Deutschland Holding AG | 1,916 | 15,125 | ||||||
ThyssenKrupp AG* | 2,648 | 63,336 |
Shares | Value($) | |||||||
Germany—continued | ||||||||
United Internet AG | 733 | 27,766 | ||||||
Volkswagen AG | 203 | 46,042 | ||||||
|
| |||||||
6,961,413 | ||||||||
|
| |||||||
Greece 1.1% | ||||||||
Hellenic Telecommunications Organization SA* | 30,778 | 320,613 | ||||||
OPAP SA | 28,183 | 314,551 | ||||||
|
| |||||||
635,164 | ||||||||
|
| |||||||
Guernsey 0.0%(c) | ||||||||
Resolution Ltd. | 2,615 | 13,454 | ||||||
|
| |||||||
Hong Kong 0.9% | ||||||||
AIA Group Ltd.(a) | 17,577 | 82,748 | ||||||
ASM Pacific Technology Ltd.(a) | 350 | 3,549 | ||||||
Bank of East Asia Ltd. | 1,788 | 7,573 | ||||||
BOC Hong Kong Holdings Ltd.(a) | 5,401 | 17,362 | ||||||
Cathay Pacific Airways Ltd. | 1,724 | 3,365 | ||||||
Cheung Kong (Holdings) Ltd. | 2,030 | 30,832 | ||||||
Cheung Kong Infrastructure Holdings Ltd. | 912 | 6,326 | ||||||
CLP Holdings Ltd. | 2,582 | 21,056 | ||||||
First Pacific Co. Ltd.(a) | 3,074 | 3,387 | ||||||
Galaxy Entertainment Group Ltd.*(a) | 3,071 | 21,597 | ||||||
Hang Lung Properties Ltd. | 3,268 | 11,166 | ||||||
Hang Seng Bank Ltd. | 1,117 | 18,190 | ||||||
Henderson Land Development Co. Ltd.(a) | 1,551 | 9,599 | ||||||
HKT Trust / HKT Ltd. | 3,278 | 3,077 | ||||||
Hong Kong & China Gas Co. Ltd. (The) | 8,371 | 20,054 | ||||||
Hong Kong Electric Holdings Ltd. | 2,026 | 18,103 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 1,595 | 25,583 | ||||||
Hopewell Holdings Ltd. | 831 | 2,786 | ||||||
Hutchison Whampoa Ltd.(a) | 3,112 | 37,388 | ||||||
Hysan Development Co. Ltd.(a) | 932 | 4,167 | ||||||
Kerry Properties Ltd.(a) | 946 | 4,036 | ||||||
Li & Fung Ltd. | 8,542 | 12,423 | ||||||
Link REIT (The) | 3,340 | 16,386 | ||||||
MTR Corp. | 2,115 | 8,372 | ||||||
New World Development Co. Ltd.(a) | 5,485 | 8,251 | ||||||
Noble Group Ltd. | 11,794 | 8,743 | ||||||
NWS Holdings Ltd. | 2,129 | 3,288 | ||||||
Orient Overseas International Ltd. | 321 | 1,885 | ||||||
PCCW Ltd. | 5,838 | 2,582 | ||||||
Shangri-La Asia Ltd. | 2,286 | 3,779 | ||||||
Sino Land Co. Ltd. | 4,336 | 6,373 | ||||||
SJM Holdings Ltd.(a) | 2,834 | 7,987 | ||||||
Sun Hung Kai Properties Ltd.(a) | 2,328 | 31,632 | ||||||
Swire Pacific Ltd. | 992 | 11,882 |
See Notes to Financial Statements.
10
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
Hong Kong—continued | ||||||||
Swire Properties Ltd.(a) | 1,709 | 4,815 | ||||||
Wharf Holdings Ltd. (The) | 2,211 | 19,143 | ||||||
Wheelock & Co. Ltd. | 1,336 | 7,097 | ||||||
Yue Yuen Industrial (Holdings) Ltd. | 1,084 | 3,005 | ||||||
|
| |||||||
509,587 | ||||||||
|
| |||||||
Ireland 1.0% | ||||||||
Bank of Ireland*(a) | 246,653 | 70,707 | ||||||
CRH PLC(a) | 8,794 | 211,533 | ||||||
Elan Corp. PLC*(a) | 5,666 | 88,710 | ||||||
Experian PLC | 1,951 | 37,175 | ||||||
Irish Bank Resolution Corp. Ltd.*(a)(b)(d) | 8,839 | — | ||||||
Irish Bank Resolution Corp. Ltd.*(a)(b) | 131,459 | — | ||||||
James Hardie Industries SE | 1,476 | 14,706 | ||||||
Kerry Group PLC, Cl A(a) | 1,827 | 111,343 | ||||||
Ryanair Holdings PLC | 2,201 | 18,732 | ||||||
|
| |||||||
552,906 | ||||||||
|
| |||||||
Israel 0.8% | ||||||||
Bank Hapoalim BM | 8,704 | 44,013 | ||||||
Bank Leumi Le-Israel BM*(a) | 10,326 | 38,428 | ||||||
Bezeq Israeli Telecommunication Corp. Ltd. | 15,724 | 28,913 | ||||||
Delek Group Ltd. | 35 | 11,422 | ||||||
Israel Chemicals Ltd. | 3,673 | 30,997 | ||||||
Israel Corp. Ltd. (The)* | 24 | 12,674 | ||||||
Mizrahi Tefahot Bank Ltd.(a) | 1,032 | 11,378 | ||||||
NICE Systems Ltd.(a) | 481 | 19,893 | ||||||
Teva Pharmaceutical Industries Ltd. | 7,087 | 266,865 | ||||||
Teva Pharmaceutical Industries Ltd. SP ADR | 329 | 12,430 | ||||||
|
| |||||||
477,013 | ||||||||
|
| |||||||
Italy 7.1% | ||||||||
Assicurazioni Generali SpA(a) | 19,318 | 385,894 | ||||||
Atlantia SpA(a) | 5,476 | 111,543 | ||||||
Banca Monte dei Paschi di Siena SpA*(a)(d) | 106,291 | 29,536 | ||||||
Enel Green Power SpA(d) | 28,952 | 62,081 | ||||||
Enel SpA | 106,833 | 409,306 | ||||||
Eni SpA(a) | 41,866 | 965,244 | ||||||
Exor SpA | 1,061 | 39,803 | ||||||
Fiat SpA* | 14,481 | 115,389 | ||||||
Finmeccanica SpA* | 6,696 | 40,058 | ||||||
Intesa Sanpaolo SpA(a) | 192,338 | 397,388 | ||||||
Luxottica Group SpA | 2,744 | 145,965 | ||||||
Mediobanca SpA(a) | 8,548 | 59,712 | ||||||
Pirelli & C SpA | 3,937 | 51,264 | ||||||
Prysmian SpA | 3,372 | 82,569 |
Shares | Value($) | |||||||
Italy—continued | ||||||||
Saipem SpA | 4,382 | 95,207 | ||||||
Snam Rete Gas SpA | 33,568 | 170,024 | ||||||
Telecom Italia SpA | 166,473 | 137,380 | ||||||
Telecom Italia SpA | 99,695 | 66,209 | ||||||
Terna SpA(a) | 24,941 | 112,663 | ||||||
UniCredit SpA(a) | 71,805 | 459,496 | ||||||
Unione di Banche Italiane ScpA | 14,173 | 71,672 | ||||||
|
| |||||||
4,008,403 | ||||||||
|
| |||||||
Japan 23.2% | ||||||||
ABC-Mart, Inc.(a) | 129 | 6,294 | ||||||
Acom Co. Ltd.*(a) | 1,950 | 7,380 | ||||||
ADVANTEST Corp.(a) | 726 | 8,406 | ||||||
AEON Co. Ltd.(a) | 2,910 | 40,191 | ||||||
AEON Credit Service Co. Ltd.(a) | 319 | 10,057 | ||||||
AEON Mall Co. Ltd.(a) | 352 | 10,466 | ||||||
Air Water, Inc.(a) | 723 | 10,699 | ||||||
Aisin Seiki Co. Ltd.(a) | 929 | 39,817 | ||||||
Ajinomoto Co., Inc.(a) | 2,924 | 38,500 | ||||||
Alfresa Holdings Corp.(a) | 199 | 10,285 | ||||||
All Nippon Airways Co. Ltd.(a)(d) | 5,624 | 12,285 | ||||||
Amada Co. Ltd.(a) | 1,731 | 15,660 | ||||||
Aozora Bank Ltd.(a) | 5,199 | 15,434 | ||||||
Asahi Breweries Ltd.(a) | 1,876 | 49,367 | ||||||
Asahi Glass Co. Ltd.(a) | 4,889 | 30,415 | ||||||
Asahi Kasei Corp.(a) | 6,119 | 46,235 | ||||||
ASICS Corp.(a) | 776 | 13,455 | ||||||
Astellas Pharma, Inc.(a) | 2,156 | 110,203 | ||||||
Bank of Kyoto Ltd. (The)(a) | 1,563 | 13,780 | ||||||
Bank of Yokohama Ltd. (The)(a) | 5,714 | 32,719 | ||||||
Benesse Holdings, Inc.(a) | 348 | 12,663 | ||||||
Bridgestone Corp.(a) | 3,153 | 115,416 | ||||||
Brother Industries Ltd.(a) | 1,144 | 12,966 | ||||||
Calbee, Inc.(a) | 356 | 10,342 | ||||||
Canon, Inc.(a) | 5,496 | 175,633 | ||||||
Casio Computer Co. Ltd.(a) | 1,083 | 10,055 | ||||||
Central Japan Railway Co.(a) | 700 | 89,887 | ||||||
Chiba Bank Ltd. (The)(a) | 3,607 | 26,403 | ||||||
Chiyoda Corp.(a) | 758 | 9,141 | ||||||
Chubu Electric Power Co., Inc.(a) | 3,123 | 42,568 | ||||||
Chugai Pharmaceutical Co. Ltd.(a) | 1,086 | 22,342 | ||||||
Chugoku Bank Ltd. (The)(a) | 793 | 11,172 | ||||||
Chugoku Electric Power Co., Inc. (The)(a) | 1,439 | 22,932 | ||||||
Chuo Mitsui Trust Holdings, Inc.(a) | 15,097 | 74,976 | ||||||
Citizen Holdings Co. Ltd.(a) | 1,282 | 9,023 | ||||||
Coca-Cola West Co. Ltd.(a) | 298 | 5,961 | ||||||
Cosmo Oil Co. Ltd.*(a) | 2,672 | 5,016 | ||||||
Credit Saison Co. Ltd.(a) | 765 | 20,806 | ||||||
Dai Nippon Printing Co. Ltd.(a) | 2,717 | 28,829 | ||||||
Dai-ichi Life Insurance Co. Ltd. (The)(a) | 4,200 | 60,202 |
See Notes to Financial Statements.
11
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
Japan—continued | ||||||||
Daicel Corp.(a) | 1,416 | 12,807 | ||||||
Daido Steel Co. Ltd.(a) | 1,369 | 8,081 | ||||||
Daihatsu Motor Co. Ltd.(a) | 932 | 18,108 | ||||||
Daiichi Sankyo Co. Ltd.(a) | 3,266 | 59,258 | ||||||
Daikin Industries Ltd.(a) | 1,138 | 60,491 | ||||||
Dainippon Sumitomo Pharma Co. Ltd.(a) | 772 | 10,552 | ||||||
Daito Trust Construction Co. Ltd.(a) | 352 | 35,251 | ||||||
Daiwa House Industry Co. Ltd.(a) | 2,472 | 46,350 | ||||||
Daiwa Securities Group, Inc.(a) | 8,054 | 72,673 | ||||||
DeNa Co. Ltd.(a) | 513 | 10,454 | ||||||
DENSO Corp.(a) | 2,357 | 110,432 | ||||||
Dentsu, Inc.(a) | 877 | 33,504 | ||||||
Don Quijote Co. Ltd.(a) | 263 | 16,509 | ||||||
East Japan Railway Co.(a) | 1,633 | 140,762 | ||||||
Eisai Co. Ltd.(a) | 1,222 | 49,773 | ||||||
Electric Power Development Co. Ltd.(a) | 566 | 18,500 | ||||||
FamilyMart Co. Ltd.(a) | 285 | 12,349 | ||||||
FANUC Ltd.(a) | 930 | 153,790 | ||||||
Fast Retailing Co. Ltd.(a) | 258 | 97,348 | ||||||
Fuji Electric Holdings Co. Ltd.(a) | 2,714 | 11,105 | ||||||
Fuji Heavy Industries Ltd.(a) | 2,847 | 79,197 | ||||||
FUJIFILM Holdings Corp.(a) | 2,246 | 54,087 | ||||||
Fujitsu Ltd.*(a) | 9,029 | 33,778 | ||||||
Fukuoka Financial Group, Inc.(a) | 3,751 | 16,990 | ||||||
Furukawa Electric Co. Ltd.(a) | 3,254 | 7,522 | ||||||
Gree, Inc. | 514 | 4,000 | ||||||
GungHo Online Entertainment, Inc.*(a) | 20 | 15,660 | ||||||
Gunma Bank Ltd. (The)(a) | 1,842 | 10,813 | ||||||
Hachijuni Bank Ltd. (The)(a) | 2,021 | 12,606 | ||||||
Hakuhodo DY Holdings, Inc.(a) | 1,140 | 8,489 | ||||||
Hamamatsu Photonics K.K.(a) | 347 | 13,099 | ||||||
Hankyu Hanshin Holdings, Inc.(a) | 5,546 | 30,856 | ||||||
Hino Motors Ltd.(a) | 1,254 | 18,584 | ||||||
Hirose Electric Co. Ltd.(a) | 147 | 22,641 | ||||||
Hiroshima Bank Ltd. (The)(a) | 2,426 | 10,370 | ||||||
Hisamitsu Pharmaceutical Co., Inc.(a) | 300 | 16,772 | ||||||
Hitachi Chemical Co. Ltd.(a) | 506 | 8,149 | ||||||
Hitachi Construction Machinery Co. Ltd.(a) | 522 | 11,731 | ||||||
Hitachi High-Technologies Corp.(a) | 301 | 6,770 | ||||||
Hitachi Ltd.(a) | 23,424 | 155,099 | ||||||
Hitachi Metals Ltd.(a) | 800 | 9,834 | ||||||
Hokkaido Electric Power Co., Inc.*(a) | 888 | 12,001 | ||||||
Hokuhoku Financial Group, Inc.(a) | 5,733 | 12,075 | ||||||
Hokuriku Electric Power Co.(a) | 817 | 11,975 | ||||||
Honda Motor Co. Ltd.(a) | 7,726 | 295,253 |
Shares | Value($) | |||||||
Japan—continued | ||||||||
Hoya Corp.(a) | 2,109 | 49,960 | ||||||
Hulic Co. Ltd.(a) | 1,297 | 19,518 | ||||||
Ibiden Co. Ltd.(a) | 549 | 9,002 | ||||||
Idemitsu Kosan Co. Ltd.(a) | 108 | 9,367 | ||||||
IHI Corp.(a) | 6,399 | 27,055 | ||||||
Inpex Corp.(a) | 4,400 | 52,012 | ||||||
Isetan Mitsukoshi Holdings Ltd.(a) | 1,723 | 25,642 | ||||||
Isuzu Motors Ltd.(a) | 5,757 | 38,165 | ||||||
ITOCHU Corp.(a) | 7,298 | 89,665 | ||||||
Itochu Techno-Solutions Corp.(a) | 122 | 4,344 | ||||||
Iyo Bank Ltd. (The)(a) | 1,257 | 13,211 | ||||||
J. Front Retailing Co. Ltd.(a) | 2,339 | 19,009 | ||||||
Japan Airlines Co. Ltd.(a) | 291 | 17,637 | ||||||
Japan Exchange Group, Inc.(a) | 1,200 | 26,687 | ||||||
Japan Petroleum Exploration Co.(a) | 140 | 6,035 | ||||||
Japan Prime Realty Investment Corp. REIT | 4 | 14,039 | ||||||
Japan Real Estate Investment Corp. REIT(a) | 3 | 35,158 | ||||||
Japan Retail Fund Investment Corp. REIT | 11 | 22,628 | ||||||
Japan Steel Works Ltd. (The)(a) | 1,531 | 8,918 | ||||||
Japan Tobacco, Inc.(a) | 5,331 | 192,492 | ||||||
JFE Holdings, Inc.(a) | 2,383 | 62,093 | ||||||
JGC Corp.(a) | 1,005 | 36,382 | ||||||
Joyo Bank Ltd. (The)(a) | 3,294 | 17,751 | ||||||
JS Group Corp.(a) | 1,290 | 26,652 | ||||||
JSR Corp.(a) | 866 | 16,138 | ||||||
JTEKT Corp.(a) | 996 | 13,706 | ||||||
JX Holdings, Inc.(a) | 10,884 | 56,604 | ||||||
Kajima Corp.(a) | 4,100 | 16,761 | ||||||
Kamigumi Co. Ltd.(a) | 1,131 | 9,631 | ||||||
Kaneka Corp.(a) | 1,358 | 8,890 | ||||||
Kansai Electric Power Co., Inc. (The)*(a) | 3,413 | 43,485 | ||||||
Kansai Paint Co. Ltd.(a) | 1,124 | 14,940 | ||||||
Kao Corp.(a) | 2,552 | 79,740 | ||||||
Kawasaki Heavy Industries Ltd.(a) | 6,888 | 29,986 | ||||||
KDDI Corp.(a) | 2,609 | 134,295 | ||||||
Keikyu Corp.(a) | 2,273 | 21,549 | ||||||
Keio Corp.(a) | 2,804 | 20,163 | ||||||
Keisei Electric Railway Co. Ltd.(a) | 1,338 | 13,980 | ||||||
Keyence Corp.(a) | 222 | 84,557 | ||||||
Kikkoman Corp.(a) | 766 | 14,047 | ||||||
Kinden Corp.(a) | 645 | 6,940 | ||||||
Kintetsu Corp.(a) | 7,879 | 29,401 | ||||||
Kirin Holdings Co. Ltd.(a) | 4,210 | 61,531 | ||||||
Kobe Steel Ltd.*(a) | 12,078 | 22,513 | ||||||
Koito Manufacturing Co. Ltd.(a) | 469 | 8,937 | ||||||
Komatsu Ltd.(a) | 4,527 | 113,010 | ||||||
Konami Corp.(a) | 488 | 11,289 |
See Notes to Financial Statements.
12
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
Japan—continued | ||||||||
Konica Minolta Holdings, Inc.(a) | 2,320 | 19,548 | ||||||
Kubota Corp.(a) | 5,298 | 76,943 | ||||||
Kuraray Co. Ltd.(a) | 1,671 | 20,073 | ||||||
Kurita Water Industries Ltd.(a) | 547 | 11,647 | ||||||
Kyocera Corp.(a) | 1,578 | 84,075 | ||||||
Kyowa Hakko Kirin Co. Ltd.(a) | 1,118 | 11,513 | ||||||
Kyushu Electric Power Co., Inc.*(a) | 2,069 | 29,620 | ||||||
Lawson, Inc.(a) | 318 | 24,960 | ||||||
M3, Inc.(a) | 4 | 11,103 | ||||||
Mabuchi Motor Co. Ltd.(a) | 120 | 6,345 | ||||||
Makita Corp.(a) | 545 | 31,710 | ||||||
Marubeni Corp.(a) | 8,002 | 63,161 | ||||||
Marui Group Co. Ltd.(a) | 1,082 | 10,170 | ||||||
Maruichi Steel Tube Ltd.(a) | 228 | 5,673 | ||||||
Mazda Motor Corp.*(a) | 13,082 | 58,616 | ||||||
McDonald’s Holdings Co. | 323 | 8,899 | ||||||
Medipal Holdings Corp.(a) | 653 | 8,076 | ||||||
Meiji Holdings Co. Ltd.(a) | 298 | 16,343 | ||||||
Miraca Holdings, Inc.(a) | 271 | 12,113 | ||||||
Mitsubishi Chemical Holdings Corp.(a) | 6,570 | 30,793 | ||||||
Mitsubishi Corp.(a) | 6,813 | 138,192 | ||||||
Mitsubishi Electric Corp.(a) | 9,366 | 98,864 | ||||||
Mitsubishi Estate Co. Ltd.(a) | 6,065 | 179,960 | ||||||
Mitsubishi Gas Chemical Co., Inc.(a) | 1,875 | 15,801 | ||||||
Mitsubishi Heavy Industries Ltd.(a) | 14,715 | 84,693 | ||||||
Mitsubishi Logistics Corp.(a) | 597 | 9,056 | ||||||
Mitsubishi Materials Corp.(a) | 5,417 | 22,439 | ||||||
Mitsubishi Motors Corp.*(a) | 2,019 | 22,433 | ||||||
Mitsubishi Tanabe Pharma Corp.(a) | 1,090 | 15,314 | ||||||
Mitsubishi UFJ Financial | 60,701 | 389,388 | ||||||
Mitsubishi UFJ Lease & | 2,823 | 14,999 | ||||||
Mitsui & Co. Ltd.(a) | 8,422 | 122,714 | ||||||
Mitsui Chemicals, Inc.(a) | 3,963 | 10,910 | ||||||
Mitsui Fudosan Co. Ltd.(a) | 4,059 | 137,191 | ||||||
Mitsui O.S.K. Lines Ltd.*(a) | 5,262 | 23,852 | ||||||
Mizuho Financial Group, Inc.(a) | 111,023 | 241,660 | ||||||
MS&AD Insurance Group Holdings, Inc.(a) | 2,456 | 64,359 | ||||||
Murata Manufacturing Co. Ltd.(a) | 983 | 75,324 | ||||||
Nabtesco Corp.(a) | 529 | 12,924 | ||||||
Namco Bandai Holdings, Inc.(a) | 862 | 16,122 | ||||||
NEC Corp.(a) | 11,337 | 26,312 | ||||||
Nexon Co. Ltd.(a) | 528 | 6,454 | ||||||
NGK Insulators Ltd.(a) | 1,310 | 19,950 | ||||||
NGK Spark Plug Co. Ltd.(a) | 868 | 19,284 | ||||||
NHK Spring Co. Ltd.(a) | 769 | 7,911 | ||||||
Nidec Corp.(a) | 494 | 40,908 |
Shares | Value($) | |||||||
Japan—continued | ||||||||
Nikon Corp. | 1,653 | 28,807 | ||||||
Nintendo Co. Ltd.(a) | 516 | 58,634 | ||||||
Nippon Building Fund, Inc. REIT(a) | 4 | 49,818 | ||||||
Nippon Electric Glass Co. Ltd.(a) | 1,809 | 9,705 | ||||||
Nippon Express Co. Ltd.(a) | 3,863 | 19,417 | ||||||
Nippon Meat Packers, Inc.(a) | 832 | 11,940 | ||||||
Nippon Steel Corp.(a) | 36,842 | 125,591 | ||||||
Nippon Telegraph & Telephone Corp.(a) | 2,117 | 109,882 | ||||||
Nippon Yusen Kabushiki Kaisha(a) | 7,830 | 24,806 | ||||||
Nishi-Nippon City Bank Ltd. (The)(a) | 3,283 | 8,967 | ||||||
Nissan Motor Co. Ltd.(a) | 12,050 | 121,322 | ||||||
Nisshin Seifun Group, Inc.(a) | 1,006 | 10,167 | ||||||
Nissin Foods Holdings Co. Ltd.(a) | 286 | 11,758 | ||||||
Nitori Holdings Co. Ltd.(a) | 168 | 15,410 | ||||||
Nitto Denko Corp.(a) | 801 | 52,478 | ||||||
NKSJ Holdings, Inc.(a) | 1,611 | 41,569 | ||||||
NOK Corp.(a) | 463 | 7,234 | ||||||
Nomura Holdings, Inc.(a) | 17,599 | 137,425 | ||||||
Nomura Real Estate | 601 | 14,802 | ||||||
Nomura Real Estate Office Fund, Inc. REIT | 2 | 10,275 | ||||||
Nomura Research Institute Ltd.(a) | 492 | 17,138 | ||||||
NSK Ltd.(a) | 2,272 | 23,308 | ||||||
NTT Data Corp.(a) | 700 | 23,649 | ||||||
NTT DoCoMo, Inc.(a) | 7,500 | 121,852 | ||||||
NTT Urban Development Corp.(a) | 600 | 7,888 | ||||||
Obayashi Corp.(a) | 3,148 | 18,832 | ||||||
Odakyu Electric Railway Co. Ltd.(a) | 3,037 | 30,241 | ||||||
OJI Paper Co. Ltd.(a) | 3,869 | 18,176 | ||||||
Olympus Corp.*(a) | 964 | 29,342 | ||||||
Omron Corp.(a) | 992 | 35,901 | ||||||
Ono Pharmaceutical Co. Ltd.(a) | 400 | 24,643 | ||||||
Oracle Corp. Japan | 186 | 6,926 | ||||||
Oriental Land Co. Ltd.(a) | 244 | 40,389 | ||||||
ORIX Corp.(a) | 5,345 | 87,480 | ||||||
Osaka Gas Co. Ltd.(a) | 9,088 | 38,787 | ||||||
Otsuka Corp.(a) | 78 | 9,968 | ||||||
Otsuka Holdings Co. Ltd.(a) | 1,759 | 51,067 | ||||||
Panasonic Corp.(a) | 10,700 | 103,707 | ||||||
Park24 Co. Ltd.(a) | 475 | 8,458 | ||||||
Rakuten, Inc.(a) | 3,521 | 53,503 | ||||||
Resona Holdings, Inc.(a) | 9,142 | 46,821 | ||||||
Ricoh Co. Ltd.(a) | 3,249 | 37,617 | ||||||
Rinnai Corp.(a) | 159 | 11,828 | ||||||
Rohm Co. Ltd.(a) | 468 | 19,251 | ||||||
Sankyo Co. Ltd.(a) | 261 | 12,771 | ||||||
Sanrio Co. Ltd.(a) | 217 | 13,365 | ||||||
Santen Pharmaceutical Co. Ltd.(a) | 360 | 17,490 | ||||||
SBI Holdings, Inc.(a) | 981 | 12,761 |
See Notes to Financial Statements.
13
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
Japan—continued | ||||||||
Secom Co. Ltd.(a) | 1,018 | 63,893 | ||||||
Sega Sammy Holdings, Inc.(a) | 904 | 26,187 | ||||||
Sekisui Chemical Co. Ltd.(a) | 2,065 | 21,092 | ||||||
Sekisui House Ltd.(a) | 2,625 | 35,390 | ||||||
Seven & I Holdings Co. Ltd.(a) | 3,653 | 133,806 | ||||||
Seven Bank Ltd.(a) | 2,887 | 9,675 | ||||||
Sharp Corp.*(a)(d) | 4,977 | 18,377 | ||||||
Shikoku Electric Power Co., Inc.*(a) | 866 | 14,767 | ||||||
Shimadzu Corp.(a) | 1,149 | 10,915 | ||||||
Shimamura Co. Ltd.(a) | 109 | 10,858 | ||||||
Shimano, Inc.(a) | 383 | 34,269 | ||||||
Shimizu Corp.(a) | 2,867 | 14,053 | ||||||
Shin-Etsu Chemical Co. Ltd.(a) | 1,991 | 122,232 | ||||||
Shinsei Bank Ltd.(a) | 7,998 | 19,453 | ||||||
Shionogi & Co. Ltd.(a) | 1,447 | 30,492 | ||||||
Shiseido Co. Ltd.(a) | 1,745 | 31,434 | ||||||
Shizuoka Bank Ltd. (The)(a) | 2,741 | 31,282 | ||||||
Showa Denko Kabushiki Kaisha(a) | 7,257 | 9,848 | ||||||
Showa Shell Sekiyu Kabushiki Kaisha(a) | 914 | 10,254 | ||||||
SMC Corp.(a) | 262 | 62,543 | ||||||
Softbank Corp.(a) | 4,600 | 319,688 | ||||||
Sojitz Corp.(a) | 6,066 | 11,916 | ||||||
Sony Corp.(a) | 4,905 | 105,099 | ||||||
Sony Financial Holdings, Inc.(a) | 843 | 15,500 | ||||||
Stanley Electric Co. Ltd.(a) | 694 | 14,799 | ||||||
Sumco Corp. | 564 | 4,573 | ||||||
Sumitomo Chemical Co. Ltd.(a) | 7,221 | 27,566 | ||||||
Sumitomo Corp.(a) | 5,455 | 73,672 | ||||||
Sumitomo Electric | 3,656 | 53,071 | ||||||
Sumitomo Heavy Industries Ltd.(a) | 2,681 | 12,223 | ||||||
Sumitomo Metal Mining Co. Ltd.(a) | 2,537 | 35,966 | ||||||
Sumitomo Mitsui Financial Group, Inc.(a) | 6,169 | 299,492 | ||||||
Sumitomo Realty & Development Co. Ltd.(a) | 1,732 | 82,600 | ||||||
Sumitomo Rubber Industries Ltd.(a) | 830 | 12,848 | ||||||
Suntory Beverage & Food Ltd.* | 289 | 9,747 | ||||||
Suruga Bank Ltd.(a) | 876 | 15,121 | ||||||
Suzuken Co. Ltd.(a) | 343 | 11,310 | ||||||
Suzuki Motor Corp.(a) | 1,768 | 42,471 | ||||||
Sysmex Corp.(a) | 351 | 22,498 | ||||||
T&D Holdings, Inc.(a) | 2,808 | 34,887 | ||||||
Taiheiyo Cement Corp.(a) | 5,699 | 24,971 | ||||||
Taisei Corp.(a) | 4,698 | 23,181 | ||||||
Taisho Pharmaceutical | 153 | 10,106 | ||||||
Taiyo Nippon Sanso Corp.(a) | 1,173 | 7,892 | ||||||
Takashimaya Co. Ltd.(a) | 1,284 | 12,064 |
Shares | Value($) | |||||||
Japan—continued | ||||||||
Takeda Pharmaceutical Co. Ltd.(a) | 3,828 | 181,070 | ||||||
TDK Corp.(a) | 597 | 23,490 | ||||||
Teijin Ltd.(a) | 4,534 | 10,470 | ||||||
Terumo Corp.(a) | 737 | 37,930 | ||||||
THK Co. Ltd.(a) | 552 | 12,289 | ||||||
Tobu Railway Co. Ltd.(a) | 4,952 | 26,190 | ||||||
Toho Co. Ltd.(a) | 550 | 11,491 | ||||||
Toho Gas Co. Ltd.(a) | 1,985 | 10,408 | ||||||
Tohoku Electric Power Co., Inc.*(a) | 2,194 | 27,068 | ||||||
Tokio Marine Holdings, Inc.(a) | 3,357 | 110,127 | ||||||
Tokyo Electric Power Co., Inc. (The)* | 7,011 | 43,580 | ||||||
Tokyo Electron Ltd.(a) | 833 | 44,809 | ||||||
Tokyo Gas Co. Ltd.(a) | 11,869 | 65,242 | ||||||
Tokyo Tatemono Co. Ltd.(a) | 1,995 | 18,375 | ||||||
Tokyu Corp.(a) | 5,512 | 39,427 | ||||||
Tokyu Land Corp.* | 2,069 | 21,491 | ||||||
TonenGeneral Sekiyu Kabushiki Kaisha(a) | 1,370 | 12,667 | ||||||
Toppan Printing Co. Ltd.(a) | 2,713 | 21,935 | ||||||
Toray Industries, Inc.(a) | 7,116 | 46,922 | ||||||
Toshiba Corp.(a) | 19,510 | 87,946 | ||||||
TOTO Ltd.(a) | 1,442 | 20,254 | ||||||
Toyo Seikan Kaisha Ltd.(a) | 793 | 15,603 | ||||||
Toyo Suisan Kaisha Ltd.(a) | 431 | 12,669 | ||||||
Toyoda Gosei Co. Ltd.(a) | 317 | 7,836 | ||||||
Toyota Boshoku Corp.(a) | 319 | 4,287 | ||||||
Toyota Industries Corp.(a) | 791 | 34,259 | ||||||
Toyota Motor Corp.(a) | 13,315 | 853,906 | ||||||
Toyota Tsusho Corp.(a) | 1,031 | 26,996 | ||||||
Trend Micro, Inc.(a) | 511 | 19,076 | ||||||
Tsumura & Co.(a) | 293 | 8,604 | ||||||
Ube Industries Ltd.(a) | 4,892 | 9,248 | ||||||
Uni-Charm Corp.(a) | 553 | 32,369 | ||||||
United Urban Investment Corp., REIT | 12 | 18,312 | ||||||
USS Co. Ltd.(a) | 1,070 | 15,512 | ||||||
West Japan Railway Co.(a) | 818 | 35,089 | ||||||
Yahoo Japan Corp.(a) | 7,100 | 40,427 | ||||||
Yakult Honsha Co. Ltd.(a) | 426 | 21,381 | ||||||
Yamada Denki Co. Ltd.(a) | 4,460 | 13,190 | ||||||
Yamaguchi Financial Group, Inc.(a) | 1,026 | 10,105 | ||||||
Yamaha Corp.(a) | 766 | 10,972 | ||||||
Yamaha Motor Co. Ltd.(a) | 1,358 | 19,961 | ||||||
Yamato Holdings Co. Ltd.(a) | 1,789 | 40,445 | ||||||
Yamato Kogyo Co. Ltd.(a) | 203 | 7,557 | ||||||
Yamazaki Baking Co. Ltd.(a) | 535 | 5,783 | ||||||
Yaskawa Electric Corp.(a) | 1,041 | 14,706 | ||||||
Yokogawa Electric Corp.(a) | 1,042 | 14,889 | ||||||
Yokohama Rubber Co. Ltd. (The)(a) | 997 | 9,874 | ||||||
|
| |||||||
13,121,823 | ||||||||
|
|
See Notes to Financial Statements.
14
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
Jersey 0.1%(a) | ||||||||
Petrofac Ltd. | 501 | 11,413 | ||||||
Randgold Resources Ltd. | 163 | 11,688 | ||||||
Shire PLC | 1,077 | 43,123 | ||||||
|
| |||||||
66,224 | ||||||||
|
| |||||||
Luxembourg 0.5% | ||||||||
ArcelorMittal | 4,754 | 65,343 | ||||||
Millicom International Cellular SA(a) | 179 | 15,821 | ||||||
SES | 1,446 | 41,374 | ||||||
Tenaris SA | 7,813 | 183,281 | ||||||
|
| |||||||
305,819 | ||||||||
|
| |||||||
Macau 0.0%(a)(c) | ||||||||
MGM China Holdings Ltd. | 1,388 | 4,657 | ||||||
|
| |||||||
Mauritius 0.0%(c) | ||||||||
Golden Agri-Resources Ltd. | 20,672 | 8,568 | ||||||
|
| |||||||
Netherlands 3.4% | ||||||||
Aegon NV | 9,282 | 68,688 | ||||||
Akzo Nobel NV | 1,247 | 81,946 | ||||||
ASML Holding NV(a) | 1,812 | 178,713 | ||||||
CNH Industrial NV* | 14,159 | 181,589 | ||||||
Corio NV REIT | 353 | 15,208 | ||||||
Delta Lloyd NV(a) | 963 | 20,458 | ||||||
Fugro NV | 369 | 22,509 | ||||||
Gemalto NV | 416 | 44,668 | ||||||
Heineken Holding NV | 528 | 33,397 | ||||||
Heineken NV | 1,206 | 85,476 | ||||||
ING Groep NV*(a) | 20,031 | 227,296 | ||||||
Koninklijke Ahold NV | 5,272 | 91,328 | ||||||
Koninklijke Boskalis | 398 | 17,610 | ||||||
Koninklijke DSM NV | 807 | 60,898 | ||||||
Koninklijke KPN NV* | 16,845 | 53,668 | ||||||
Koninklijke Philips Electronics NV | 5,006 | 161,386 | ||||||
Koninklijke Vopak NV | 369 | 21,144 | ||||||
QIAGEN NV* | 1,624 | 35,010 | ||||||
Randstad Holding NV | 631 | 35,546 | ||||||
Reed Elsevier NV(a) | 3,608 | 72,512 | ||||||
TNT Express NV(a) | 1,863 | 16,986 | ||||||
Unilever NV | 8,254 | 321,091 | ||||||
Wolters Kluwer NV(a) | 1,580 | 40,684 | ||||||
Ziggo NV | 891 | 36,089 | ||||||
|
| |||||||
1,923,900 | ||||||||
|
| |||||||
New Zealand 0.7% | ||||||||
Auckland International Airport Ltd. | 26,017 | 71,632 | ||||||
Contact Energy Ltd. | 9,053 | 40,678 | ||||||
Fletcher Building Ltd. | 17,442 | 137,621 | ||||||
Sky City Entertainment Group Ltd.(a) | 14,186 | 47,162 | ||||||
Telecom Corp. of New Zealand Ltd. | 48,591 | 93,831 | ||||||
|
| |||||||
390,924 | ||||||||
|
|
Shares | Value($) | |||||||
Norway 1.7% | ||||||||
Aker Solutions ASA | 1,664 | 23,369 | ||||||
DnB NOR ASA | 9,892 | 150,192 | ||||||
Gjensidige Forsikring ASA | 2,025 | 30,577 | ||||||
Norsk Hydro ASA | 9,424 | 39,070 | ||||||
Orkla ASA | 7,735 | 56,341 | ||||||
Seadrill Ltd.(a) | 3,801 | 170,701 | ||||||
StatoilHydro ASA | 11,190 | 254,012 | ||||||
Telenor ASA | 7,186 | 164,197 | ||||||
Yara International ASA | 1,947 | 80,396 | ||||||
|
| |||||||
968,855 | ||||||||
|
| |||||||
Portugal 0.8% | ||||||||
Banco Espirito Santo SA* | 37,435 | 39,857 | ||||||
EDP—Energias de Portugal SA | 42,480 | 155,166 | ||||||
Galp Energia SGPS SA(a) | 5,676 | 94,591 | ||||||
Jeronimo Martins SGPS SA | 5,212 | 107,035 | ||||||
Portugal Telecom SGPS SA(d) | 13,520 | 60,926 | ||||||
|
| |||||||
457,575 | ||||||||
|
| |||||||
Singapore 0.9% | ||||||||
Ascendas REIT | 5,721 | 10,397 | ||||||
CapitaCommercial Trust, REIT | 5,587 | 6,457 | ||||||
CapitaLand Ltd.(a) | 7,189 | 17,725 | ||||||
CapitaMall Trust REIT | 6,789 | 10,607 | ||||||
CapitaMalls Asia Ltd. | 3,822 | 5,956 | ||||||
City Developments Ltd. | 1,149 | 9,388 | ||||||
ComfortDelGro Corp. Ltd. | 5,645 | 8,864 | ||||||
DBS Group Holdings Ltd. | 4,798 | 62,798 | ||||||
Genting Singapore PLC | 17,133 | 19,597 | ||||||
Global Logistic Properties Ltd. | 8,674 | 19,982 | ||||||
Jardine Cycle & Carriage Ltd. | 300 | 9,123 | ||||||
Keppel Corp. Ltd. | 4,048 | 33,622 | ||||||
Keppel Land Ltd. | 1,952 | 5,508 | ||||||
Keppel REIT | 337 | 330 | ||||||
Olam International Ltd. | 4,112 | 5,015 | ||||||
Oversea-Chinese Banking Corp. Ltd. | 7,240 | 59,441 | ||||||
SembCorp Industries Ltd. | 2,759 | 11,634 | ||||||
SembCorp Marine Ltd. | 2,345 | 8,467 | ||||||
Singapore Airlines Ltd.(a) | 1,515 | 12,581 | ||||||
Singapore Exchange Ltd. | 2,406 | 13,923 | ||||||
Singapore Press Holdings Ltd. | 4,481 | 14,680 | ||||||
Singapore Technologies Engineering Ltd. | 4,333 | 14,403 | ||||||
Singapore Telecommunications Ltd. | 22,362 | 66,486 | ||||||
StarHub Ltd. | 1,688 | 5,772 | ||||||
United Overseas Bank Ltd. | 3,570 | 58,819 | ||||||
UOL Group Ltd. | 1,297 | 6,358 | ||||||
Wilmar International Ltd. | 5,383 | 13,602 | ||||||
Yangzijiang Shipbuilding Holdings Ltd. | 5,382 | 4,698 | ||||||
|
| |||||||
516,233 | ||||||||
|
|
See Notes to Financial Statements.
15
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
Spain 5.6% | ||||||||
Abertis Infraestructuras SA(a) | 2,983 | 58,128 | ||||||
Acciona SA(a) | 210 | 12,009 | ||||||
Actividades de Construccion y Servicios SA(a) | 1,153 | 36,787 | ||||||
Amadeus IT Holding SA, Cl A(a) | 3,096 | 109,872 | ||||||
Banco Bilbao Vizcaya | 44,166 | 496,183 | ||||||
Banco de Sabadell SA(d) | 21,668 | 54,552 | ||||||
Banco Popular Espanol SA*(a) | 10,260 | 55,561 | ||||||
Banco Santander SA(a) | 92,568 | 758,860 | ||||||
Bankia SA* | 32,792 | 35,712 | ||||||
Criteria Caixacorp SA | 9,446 | 41,455 | ||||||
Distribuidora Internacional de Alimentacion SA(a) | 4,975 | 43,311 | ||||||
Enagas(a) | 1,555 | 38,215 | ||||||
Ferrovial SA(a) | 3,283 | 59,202 | ||||||
Gas Natural SDG SA(a) | 2,850 | 59,741 | ||||||
Grifols SA | 1,214 | 49,846 | ||||||
Iberdrola SA(a) | 38,322 | 223,446 | ||||||
Inditex SA(a) | 1,776 | 274,442 | ||||||
Mapfre SA | 6,264 | 22,423 | ||||||
Red Electrica Corporacion SA(a) | 882 | 50,350 | ||||||
Repsol YPF SA(a) | 6,782 | 168,693 | ||||||
Telefonica SA*(a) | 32,801 | 512,649 | ||||||
Zardoya Otis SA | 1,255 | 20,374 | ||||||
|
| |||||||
3,181,811 | ||||||||
|
| |||||||
Sweden 2.0% | ||||||||
Alfa Laval AB | 894 | 21,576 | ||||||
Assa Abloy AB, Cl B | 950 | 43,607 | ||||||
Atlas Copco AB, Cl A | 1,908 | 55,874 | ||||||
Atlas Copco AB, Cl B | 1,110 | 29,327 | ||||||
Boliden AB | 778 | 11,658 | ||||||
Electrolux AB, Cl B | 684 | 17,763 | ||||||
Elekta AB, B SHS | 1,048 | 16,861 | ||||||
Getinge AB | 570 | 20,373 | ||||||
Hennes & Mauritz AB, Cl B | 2,698 | 117,169 | ||||||
Hexagon AB, Cl B | 674 | 20,325 | ||||||
Husqvarna AB, Cl B | 1,148 | 7,454 | ||||||
Industrivarden AB, Cl C(a) | 336 | 6,192 | ||||||
Investor AB, Cl B | 1,295 | 39,293 | ||||||
Kinnevik Investment AB, Cl B(a) | 585 | 20,279 | ||||||
Lundin Petroleum AB* | 633 | 13,651 | ||||||
Nordea Bank AB(a) | 7,478 | 90,349 | ||||||
Ratos AB, B Shares | 546 | 5,085 | ||||||
Sandvik AB | 3,029 | 41,853 | ||||||
Scania AB | 910 | 19,498 | ||||||
Securitas AB, Cl B | 891 | 10,176 | ||||||
Skandinaviska Enskilda | 4,315 | 45,724 | ||||||
Skanska AB, Cl B | 1,080 | 20,771 | ||||||
SKF AB, Cl B | 1,115 | 31,038 |
Shares | Value($) | |||||||
Sweden—continued | ||||||||
Svenska Cellulosa AB, Cl B(a) | 1,657 | 41,811 | ||||||
Svenska Handelsbanken AB, Cl A | 1,413 | 60,441 | ||||||
Swedbank AB, Cl A(a) | 2,574 | 60,032 | ||||||
Swedish Match AB | 586 | 20,680 | ||||||
Tele2 AB, Cl B | 905 | 11,575 | ||||||
Telefonaktiebolaget LM | 8,645 | 115,012 | ||||||
TeliaSonera AB | 6,764 | 51,824 | ||||||
Volvo AB, Cl B | 4,273 | 63,995 | ||||||
|
| |||||||
1,131,266 | ||||||||
|
| |||||||
Switzerland 2.7% | ||||||||
ABB Ltd.*(a) | 2,659 | 62,815 | ||||||
Actelion Ltd.* | 131 | 9,300 | ||||||
Adecco SA*(a) | 161 | 11,499 | ||||||
Aryzta AG* | 106 | 7,086 | ||||||
Baloise Holding AG | 59 | 6,524 | ||||||
Banque Cantonale Vaudoise | 4 | 2,204 | ||||||
Barry Callebaut AG* | 2 | 2,008 | ||||||
Cie Financiere Richemont SA(a) | 632 | 63,160 | ||||||
Coca-Cola HBC AG* | 390 | 11,680 | ||||||
Credit Suisse Group AG*(a) | 1,812 | 55,526 | ||||||
EMS-Chemie Holding AG(a) | 11 | 3,888 | ||||||
Geberit AG | 49 | 13,231 | ||||||
Givaudan SA*(a) | 11 | 16,091 | ||||||
Glencore Xstrata PLC | 19,289 | 105,141 | ||||||
Holcim Ltd.* | 278 | 20,688 | ||||||
Julius Baer Group Ltd.* | 272 | 12,693 | ||||||
Kuehne + Nagel International AG | 66 | 8,648 | ||||||
Lindt & Spruengli AG PC | 1 | 4,104 | ||||||
Lonza Group AG* | 65 | 5,319 | ||||||
Nestle SA(a) | 3,781 | 264,829 | ||||||
Novartis AG | 2,781 | 213,722 | ||||||
Pargesa Holding SA | 33 | 2,476 | ||||||
Partners Group Holding AG | 22 | 5,393 | ||||||
Roche Holding AG | 850 | 229,242 | ||||||
Schindler Holding AG PC(a) | 60 | 9,021 | ||||||
Schindler Holding AG RS | 27 | 3,923 | ||||||
SGS SA(a) | 8 | 19,126 | ||||||
Sika AG | 3 | 8,744 | ||||||
Sonova Holding AG | 61 | 7,582 | ||||||
STMicroelectronics NV | 3,032 | 27,962 | ||||||
Sulzer AG | 30 | 4,644 | ||||||
Swatch Group AG (The) BS(a) | 39 | 25,159 | ||||||
Swatch Group AG (The) RS(a) | 53 | 5,968 | ||||||
Swiss Life Holding AG* | 40 | 7,572 | ||||||
Swiss Prime Site AG(a) | 67 | 5,186 | ||||||
Swiss Re Ltd.* | 426 | 35,235 | ||||||
Swisscom AG(a) | 29 | 13,954 | ||||||
Syngenta AG | 113 | 46,157 | ||||||
Transocean Ltd.(a) | 436 | 19,410 | ||||||
UBS AG | 4,406 | 90,132 |
See Notes to Financial Statements.
16
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
Switzerland—continued | ||||||||
Wolseley PLC | 530 | 27,431 | ||||||
Zurich Insurance Group AG | 180 | 46,356 | ||||||
|
| |||||||
1,540,829 | ||||||||
|
| |||||||
United Kingdom 8.9% | ||||||||
3i Group PLC | 1,876 | 11,049 | ||||||
Aberdeen Asset Management PLC | 1,852 | 11,351 | ||||||
Admiral Group PLC | 371 | 7,406 | ||||||
Aggreko PLC | 520 | 13,503 | ||||||
AMEC PLC | 575 | 9,997 | ||||||
Anglo American PLC | 2,690 | 66,106 | ||||||
Antofagasta PLC(a) | 763 | 10,128 | ||||||
ARM Holdings PLC(a) | 2,696 | 43,165 | ||||||
Associated British Foods PLC(a) | 689 | 20,948 | ||||||
AstraZeneca PLC(a) | 2,409 | 125,198 | ||||||
Aviva PLC | 5,687 | 36,532 | ||||||
Babcock International Group PLC | 696 | 13,476 | ||||||
BAE Systems PLC | 6,269 | 46,117 | ||||||
Barclays PLC | 23,580 | 101,351 | ||||||
BG Group PLC | 6,567 | 125,503 | ||||||
BHP Billiton PLC | 4,076 | 120,095 | ||||||
BP PLC | 36,989 | 259,347 | ||||||
British American Tobacco PLC | 3,725 | 197,586 | ||||||
British Land Co. PLC (The) REIT(a) | 1,809 | 16,936 | ||||||
British Sky Broadcasting Group PLC | 2,031 | 28,605 | ||||||
BT Group PLC | 15,212 | 84,322 | ||||||
Bunzl PLC | 643 | 13,928 | ||||||
Burberry Group PLC | 854 | 22,591 | ||||||
Capita Group PLC | 1,266 | 20,413 | ||||||
Capital Shopping Centres | 1,290 | 6,706 | ||||||
Carnival PLC | 355 | 12,034 | ||||||
Centrica PLC(a) | 10,031 | 60,088 | ||||||
Cobham PLC | 2,082 | 9,684 | ||||||
Compass Group PLC(a) | 3,533 | 48,572 | ||||||
Croda International PLC | 262 | 11,261 | ||||||
Diageo PLC(a) | 4,844 | 153,926 | �� | |||||
Direct Line Insurance Group PLC | 1,593 | 5,498 | ||||||
easyJet PLC | 307 | 6,352 | ||||||
Fresnillo PLC | 347 | 5,466 | ||||||
G4S PLC | 2,724 | 11,214 | ||||||
GKN PLC | 3,151 | 17,446 | ||||||
GlaxoSmithKline PLC(a) | 9,470 | 238,009 | ||||||
Hammerson PLC REIT | 1,377 | 11,168 | ||||||
Hargreaves Lansdown PLC | 413 | 6,549 | ||||||
HSBC Holdings PLC | 34,862 | 377,797 | ||||||
ICAP PLC | 1,061 | 6,429 | ||||||
IMI PLC | 621 | 14,628 | ||||||
Imperial Tobacco Group PLC(a) | 1,893 | 70,136 | ||||||
Inmarsat PLC | 866 | 9,940 |
Shares | Value($) | |||||||
United Kingdom—continued | ||||||||
InterContinental Hotels | 519 | 15,168 | ||||||
International Consolidated Airlines Group SA*(a) | 7,547 | 41,425 | ||||||
Intertek Group PLC | 311 | 16,640 | ||||||
Invensys PLC | 1,229 | 9,908 | ||||||
Investec PLC | 1,110 | 7,195 | ||||||
ITV PLC | 7,174 | 20,359 | ||||||
J Sainsbury PLC(a) | 2,370 | 15,038 | ||||||
Johnson Matthey PLC | 397 | 18,047 | ||||||
Kingfisher PLC(a) | 4,580 | 28,577 | ||||||
Land Securities Group PLC REIT | 1,510 | 22,465 | ||||||
Legal & General Group PLC(a) | 11,413 | 36,303 | ||||||
Lloyds Banking Group PLC*(a) | 88,244 | 105,281 | ||||||
London Stock Exchange Group PLC | 341 | 8,485 | ||||||
Marks & Spencer Group PLC | 3,115 | 25,043 | ||||||
Meggitt PLC | 1,515 | 13,465 | ||||||
Melrose Industries PLC | 2,446 | 11,872 | ||||||
National Grid PLC | 7,073 | 83,646 | ||||||
Next PLC(a) | 312 | 26,088 | ||||||
Old Mutual PLC | 9,445 | 28,685 | ||||||
Pearson PLC | 1,579 | 32,132 | ||||||
Persimmon PLC | 585 | 10,285 | ||||||
Prudential PLC | 4,936 | 91,975 | ||||||
Reckitt Benckiser Group PLC | 1,248 | 91,322 | ||||||
Reed Elsevier PLC(a) | 2,305 | 31,047 | ||||||
Rexam PLC | 1,527 | 11,905 | ||||||
Rio Tinto PLC | 2,453 | 120,048 | ||||||
Rolls-Royce Holdings PLC | 3,630 | 65,348 | ||||||
Royal Bank of Scotland | 4,107 | 23,876 | ||||||
Royal Dutch Shell PLC, Cl A | 7,282 | 240,492 | ||||||
Royal Dutch Shell PLC, Cl B | 5,046 | 174,367 | ||||||
RSA Insurance Group PLC | 6,945 | 13,593 | ||||||
SABMiller PLC(a) | 1,851 | 94,357 | ||||||
Sage Group PLC (The) | 2,180 | 11,639 | ||||||
Schroders PLC | 198 | 8,257 | ||||||
Scottish & Southern Energy PLC(a) | 1,851 | 44,209 | ||||||
Segro PLC | 1,434 | 7,197 | ||||||
Serco Group PLC | 963 | 8,520 | ||||||
Severn Trent PLC | 461 | 13,157 | ||||||
Smith & Nephew PLC | 1,748 | 21,818 | ||||||
Smiths Group PLC | 760 | 17,213 | ||||||
Standard Chartered PLC | 4,658 | 111,680 | ||||||
Standard Life PLC | 4,552 | 25,453 | ||||||
Subsea 7 SA | 2,672 | 55,544 | ||||||
Tate & Lyle PLC | 901 | 10,743 | ||||||
Tesco PLC | 15,545 | 90,345 | ||||||
Travis Perkins PLC | 474 | 12,661 | ||||||
TUI Travel PLC(a) | 864 | 5,135 | ||||||
Tullow Oil PLC | 1,754 | 29,077 |
See Notes to Financial Statements.
17
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — continued
Shares | Value($) | |||||||
United Kingdom—continued | ||||||||
Unilever PLC(a) | 2,478 | 95,705 | ||||||
United Utilities Group PLC | 1,317 | 14,733 | ||||||
Vedanta Resources PLC | 180 | 3,153 | ||||||
Vodafone Group PLC(a) | 94,436 | 333,003 | ||||||
Weir Group PLC (The) | 411 | 15,503 | ||||||
Whitbread PLC | 347 | 16,650 | ||||||
William Hill PLC(a) | 1,666 | 10,853 | ||||||
WM Morrison Supermarkets PLC | 4,261 | 19,315 | ||||||
WPP PLC | 2,441 | 50,187 | ||||||
|
| |||||||
5,054,743 | ||||||||
|
| |||||||
Total Common Stocks | 54,105,241 | |||||||
|
| |||||||
Preferred Stocks 0.9% | ||||||||
Germany 0.9% | ||||||||
Bayerische Motoren Werke | 368 | 30,020 | ||||||
Fuchs Petrolub AG, (Preference Shares) 2.18% | 245 | 20,517 | ||||||
Henkel AG & Co. KGaA, 1.30% | 1,223 | 126,026 | ||||||
Porsche AG, 3.12% | 1,051 | 91,851 | ||||||
RWE AG, 7.70% | 269 | 8,825 | ||||||
Volkswagen AG, 2.04% | 992 | 233,848 | ||||||
|
| |||||||
Total Preferred Stocks | 511,087 | |||||||
|
| |||||||
Rights 0.0%(c) | ||||||||
Austria 0.0%(a)(b)(c)(e) | ||||||||
IMMOEAST AG* | 175,419 | — | ||||||
|
| |||||||
Hong Kong 0.0%(a)(c) | ||||||||
New Hotel* | 78 | — | ||||||
|
| |||||||
Spain 0.0%(c) | ||||||||
Abertis Infraestructuras SA* | 2,983 | 2,901 | ||||||
BBVA* | 44,166 | 6,035 | ||||||
|
| |||||||
8,936 | ||||||||
|
| |||||||
Total Rights | 8,936 | |||||||
|
| |||||||
Exchange Traded Funds 3.8% | ||||||||
iShares MSCI Australia Index Fund | 2,615 | 66,081 | ||||||
iShares MSCI Austria Investable Market Index Fund | 1,390 | 26,855 |
Shares | Value($) | |||||||
Exchange Traded Funds—continued | ||||||||
iShares MSCI Belgium Investable Market Index Fund | 1,138 | 17,514 | ||||||
iShares MSCI Denmark Capped Index Fund | 435 | 17,596 | ||||||
iShares MSCI EAFE Index Fund | 13,025 | 830,865 | ||||||
iShares MSCI EMU Index Fund | 9,208 | 347,326 | ||||||
iShares MSCI France Index Fund | 1,284 | 34,514 | ||||||
iShares MSCI Germany Index Fund(d) | 4,405 | 122,503 | ||||||
iShares MSCI Ireland Capped Index Fund | 421 | 13,965 | ||||||
iShares MSCI Italy Index Fund | 9,150 | 129,198 | ||||||
iShares MSCI Japan Index Fund | 28,185 | 335,683 | ||||||
iShares MSCI Netherlands Investable Market Index Fund | 566 | 13,471 | ||||||
iShares MSCI New Zealand Capped Index Fund | 355 | 13,653 | ||||||
iShares MSCI Norway Capped Index Fund | 1,099 | 32,036 | ||||||
iShares MSCI Singapore Index Fund | 606 | 8,090 | ||||||
iShares MSCI Spain Index Fund | 1,886 | 65,538 | ||||||
iShares MSCI Sweden Index Fund | 487 | 16,660 | ||||||
iShares MSCI United Kingdom Index Fund | 1,247 | 24,466 | ||||||
|
| |||||||
Total Exchange Traded Funds | 2,116,014 | |||||||
|
| |||||||
Trust 0.0%(c) | ||||||||
Singapore 0.0%(c) | ||||||||
Hutchison Port Holdings Trust | 14,658 | 11,433 | ||||||
|
| |||||||
Total Trust | 11,433 | |||||||
|
| |||||||
Short-Term Investment 0.5% | ||||||||
RidgeWorth Funds Securities Lending Joint Account(f) | 295,020 | 295,020 | ||||||
|
| |||||||
Total Short-Term Investment | 295,020 | |||||||
|
|
See Notes to Financial Statements.
18
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
International Equity Index Fund — concluded
Shares | Value($) | |||||||
Money Market Fund 0.1% | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(g) | 70,194 | 70,194 | ||||||
|
| |||||||
Total Money Market Fund | 70,194 | |||||||
|
| |||||||
Total Investments | 57,117,925 | |||||||
Liabilities in Excess of Other Assets — (0.8)% | (460,388 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 56,657,537 | ||||||
|
|
* | Non-income producing security. |
(a) | Valued at fair value using procedures approved by the Board of Trustees. Fair valued securities held by the Fund represent 45.9% of net assets as of September 30, 2013. |
(b) | The Fund’s investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(c) | Less than 0.05% of Net Assets. |
(d) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $278,805. |
(e) | Escrowed rights that are not tradable. |
(f) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(h)). |
(g) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
BS | — | Bearer Shares | ||
MSCI | — | Morgan Stanley Capital International | ||
PC | — | Participation Certificate | ||
RS | — | Registered Shares | ||
REIT | — | Real Estate Investment Trust | ||
SP ADR | — | Sponsored American Depositary Receipt |
See Notes to Financial Statements.
19
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Large Cap Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 98.8% | ||||||||
Consumer Discretionary 20.9% | ||||||||
Amazon.com, Inc.* | 20,270 | 6,337,213 | ||||||
BorgWarner, Inc. | 38,665 | 3,920,244 | ||||||
Chipotle Mexican Grill, Inc.* | 5,533 | 2,371,997 | ||||||
DR Horton, Inc.(a) | 174,976 | 3,399,784 | ||||||
Home Depot, Inc. (The) | 33,970 | 2,576,624 | ||||||
Johnson Controls, Inc. | 32,628 | 1,354,062 | ||||||
Las Vegas Sands Corp. | 59,475 | 3,950,329 | ||||||
Michael Kors Holdings Ltd.* | 59,105 | 4,404,505 | ||||||
Netflix, Inc.* | 7,381 | 2,282,279 | ||||||
Priceline.com, Inc.* | 5,823 | 5,886,762 | ||||||
Scripps Networks Interactive, Cl A | 42,396 | 3,311,551 | ||||||
Starbucks Corp. | 86,304 | 6,642,819 | ||||||
Under Armour, Inc., Cl A* | 50,086 | 3,979,333 | ||||||
VF Corp. | 17,673 | 3,517,811 | ||||||
Viacom, Inc., Cl B | 44,724 | 3,738,032 | ||||||
|
| |||||||
57,673,345 | ||||||||
|
| |||||||
Consumer Staples 7.9% | ||||||||
Colgate-Palmolive Co. | 78,173 | 4,635,659 | ||||||
Costco Wholesale Corp. | 49,656 | 5,716,399 | ||||||
Estee Lauder Cos., Inc. (The), Cl A | 60,046 | 4,197,215 | ||||||
Philip Morris International, Inc. | 83,169 | 7,201,604 | ||||||
|
| |||||||
21,750,877 | ||||||||
|
| |||||||
Energy 5.6% | ||||||||
Cameron International Corp.* | 41,410 | 2,417,101 | ||||||
EOG Resources, Inc. | 25,149 | 4,257,223 | ||||||
Phillips 66 | 30,018 | 1,735,641 | ||||||
Schlumberger Ltd. | 80,230 | 7,089,123 | ||||||
|
| |||||||
15,499,088 | ||||||||
|
| |||||||
Financials 4.7% | ||||||||
Discover Financial Services | 57,501 | 2,906,100 | ||||||
Genworth Financial, Inc., Cl A* | 272,839 | 3,489,611 | ||||||
Morgan Stanley | 129,804 | 3,498,218 | ||||||
T. Rowe Price Group, Inc. | 44,066 | 3,169,667 | ||||||
|
| |||||||
13,063,596 | ||||||||
|
| |||||||
Health Care 14.3% | ||||||||
Alexion Pharmaceuticals, Inc.* | 60,173 | 6,989,696 | ||||||
Biogen Idec, Inc.* | 29,140 | 7,015,746 | ||||||
Cerner Corp.* | 64,181 | 3,372,712 | ||||||
Express Scripts Holding Co.* | 81,771 | 5,051,812 | ||||||
Gilead Sciences, Inc.* | 138,865 | 8,726,277 | ||||||
HCA Holdings, Inc. | 34,034 | 1,454,953 | ||||||
Mylan, Inc.* | 178,226 | 6,802,886 | ||||||
|
| |||||||
39,414,082 | ||||||||
|
|
Shares | Value($) | |||||||
Industrials 14.6% | ||||||||
BE Aerospace, Inc.* | 31,486 | 2,324,296 | ||||||
Cummins, Inc. | 39,522 | 5,251,288 | ||||||
Fluor Corp. | 59,869 | 4,248,304 | ||||||
Fortune Brands Home & Security, Inc. | 98,963 | 4,119,830 | ||||||
HD Supply Holdings, Inc.* | 83,931 | 1,843,964 | ||||||
Honeywell International, Inc. | 63,226 | 5,250,287 | ||||||
J.B. Hunt Transport Services, Inc. | 42,705 | 3,114,476 | ||||||
Precision Castparts Corp. | 18,415 | 4,184,625 | ||||||
Union Pacific Corp. | 35,162 | 5,462,065 | ||||||
United Parcel Service, Inc., Cl B | 48,034 | 4,388,867 | ||||||
|
| |||||||
40,188,002 | ||||||||
|
| |||||||
Information Technology 29.3% | ||||||||
Analog Devices, Inc. | 72,875 | 3,428,769 | ||||||
Apple, Inc. | 36,638 | 17,467,167 | ||||||
ARM Holdings PLC SP ADR | 69,685 | 3,353,242 | ||||||
ASML Holding NV NYS(a) | 17,973 | 1,775,014 | ||||||
Broadcom Corp., Cl A | 80,910 | 2,104,469 | ||||||
Cognizant Technology Solutions Corp., Cl A* | 37,232 | 3,057,492 | ||||||
EMC Corp. | 153,917 | 3,934,119 | ||||||
Facebook, Inc., Cl A* | 123,796 | 6,219,511 | ||||||
Google, Inc., Cl A* | 12,377 | 10,841,138 | ||||||
LinkedIn Corp., Cl A* | 11,513 | 2,832,889 | ||||||
QUALCOMM, Inc. | 101,626 | 6,845,527 | ||||||
Salesforce.com, Inc.* | 81,017 | 4,205,592 | ||||||
Splunk, Inc.* | 38,311 | 2,300,192 | ||||||
Visa, Inc., Cl A | 33,721 | 6,444,083 | ||||||
Workday, Inc., Cl A* | 30,247 | 2,447,890 | ||||||
Xilinx, Inc. | 73,576 | 3,447,771 | ||||||
|
| |||||||
80,704,865 | ||||||||
|
| |||||||
Materials 1.5% | ||||||||
Monsanto Co. | 40,989 | 4,278,022 | ||||||
|
| |||||||
Total Common Stocks | 272,571,877 | |||||||
|
| |||||||
Short-Term Investment 0.1% | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 180,150 | 180,150 | ||||||
|
| |||||||
Total Short-Term Investment | 180,150 | |||||||
|
|
See Notes to Financial Statements.
20
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Large Cap Growth Stock Fund — concluded
Shares | Value($) | |||||||
Money Market Fund 1.2% | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(c) | 3,473,480 | 3,473,480 | ||||||
|
| |||||||
Total Money Market Fund | 3,473,480 | |||||||
|
| |||||||
Total Investments | 276,225,507 | |||||||
Liabilities in Excess of Other Assets — (0.1)% | (346,755 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 275,878,752 | ||||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $173,088. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(h)). |
(c) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
NYS | — | New York Registered Shares | ||
SP ADR | — | Sponsored American Depositary Receipt |
See Notes to Financial Statements.
21
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Large Cap Value Equity Fund
Shares | Value($) | |||||||
Common Stocks 97.7% | ||||||||
Consumer Discretionary 7.9% |
| |||||||
Comcast Corp., Cl A | 781,400 | 35,280,210 | ||||||
Johnson Controls, Inc. | 699,450 | 29,027,175 | ||||||
Pearson PLC SP ADR(a) | 1,196,859 | 24,344,112 | ||||||
Viacom, Inc., Cl B | 231,700 | 19,365,486 | ||||||
Walt Disney Co. (The) | 304,800 | 19,656,552 | ||||||
WPP PLC SP ADR(a) | 155,146 | 15,970,729 | ||||||
Wynn Resorts Ltd. | 60,900 | 9,622,809 | ||||||
|
| |||||||
153,267,073 | ||||||||
|
| |||||||
Consumer Staples 6.2% | ||||||||
Anheuser-Busch InBev SP ADR | 128,600 | 12,757,120 | ||||||
Bunge Ltd. | 124,650 | 9,462,181 | ||||||
Ingredion, Inc. | 305,333 | 20,203,885 | ||||||
Mondelez International, Inc., Cl A | 1,080,400 | 33,946,168 | ||||||
Procter & Gamble Co. (The) | 571,350 | 43,188,346 | ||||||
|
| |||||||
119,557,700 | ||||||||
|
| |||||||
Energy 12.3% | ||||||||
Baker Hughes, Inc. | 189,450 | 9,301,995 | ||||||
Chevron Corp. | 384,650 | 46,734,975 | ||||||
ConocoPhillips | 629,450 | 43,753,069 | ||||||
Exxon Mobil Corp. | 476,850 | 41,028,174 | ||||||
National Oilwell Varco, Inc. | 123,800 | 9,670,018 | ||||||
Occidental Petroleum Corp. | 605,227 | 56,612,934 | ||||||
Phillips 66 | 181,050 | 10,468,311 | ||||||
Schlumberger Ltd. | 226,550 | 20,017,958 | ||||||
|
| |||||||
237,587,434 | ||||||||
|
| |||||||
Financials 25.2% | ||||||||
American Campus Communities, Inc., REIT | 416,700 | 14,230,305 | ||||||
American Tower Corp., REIT | 488,650 | 36,223,624 | ||||||
Ameriprise Financial, Inc. | 222,200 | 20,237,976 | ||||||
Aon PLC | 391,250 | 29,124,650 | ||||||
BlackRock, Inc. | 101,875 | 27,569,413 | ||||||
Citigroup, Inc. | 673,400 | 32,666,634 | ||||||
Comerica, Inc. | 340,300 | 13,377,193 | ||||||
Franklin Resources, Inc. | 611,350 | 30,903,743 | ||||||
JPMorgan Chase & Co. | 812,050 | 41,974,864 | ||||||
MetLife, Inc. | 669,050 | 31,411,898 | ||||||
Prudential Financial, Inc. | 177,450 | 13,837,551 | ||||||
Simon Property Group, Inc., REIT | 232,600 | 34,478,298 | ||||||
T. Rowe Price Group, Inc. | 536,650 | 38,601,234 | ||||||
Travelers Cos., Inc. (The) | 339,200 | 28,753,984 | ||||||
U.S. Bancorp | 1,369,750 | 50,105,455 | ||||||
Wells Fargo & Co. | 1,010,000 | 41,733,200 | ||||||
|
| |||||||
485,230,022 | ||||||||
|
|
Shares | Value($) | |||||||
Health Care 13.1% | ||||||||
Agilent Technologies, Inc. | 661,500 | 33,901,875 | ||||||
Cigna Corp. | 544,350 | 41,838,741 | ||||||
Johnson & Johnson | 467,450 | 40,523,241 | ||||||
Medtronic, Inc. | 186,950 | 9,955,088 | ||||||
Merck & Co., Inc. | 1,103,850 | 52,554,298 | ||||||
Pfizer, Inc. | 1,522,050 | 43,698,055 | ||||||
Zoetis, Inc. | 966,950 | 30,091,484 | ||||||
|
| |||||||
252,562,782 | ||||||||
|
| |||||||
Industrials 18.3% | ||||||||
ADT Corp. (The)* | 227,150 | 9,235,919 | ||||||
Caterpillar, Inc. | 222,350 | 18,537,320 | ||||||
Cummins, Inc. | 153,250 | 20,362,328 | ||||||
FedEx Corp. | 131,600 | 15,016,876 | ||||||
Flowserve Corp. | 507,775 | 31,680,082 | ||||||
Fluor Corp. | 404,450 | 28,699,772 | ||||||
General Dynamics Corp. | 236,100 | 20,663,472 | ||||||
General Electric Co. | 1,740,550 | 41,581,739 | ||||||
Pentair Ltd. | 267,550 | 17,374,697 | ||||||
Rockwell Automation, Inc. | 191,050 | 20,430,887 | ||||||
Rockwell Collins, Inc. | 212,850 | 14,444,001 | ||||||
Stanley Black & Decker, Inc. | 325,600 | 29,489,592 | ||||||
Tyco International Ltd. | 696,050 | 24,347,829 | ||||||
Union Pacific Corp. | 60,400 | 9,382,536 | ||||||
United Parcel Service, Inc., Cl B | 221,084 | 20,200,445 | ||||||
United Technologies Corp. | 290,500 | 31,321,710 | ||||||
|
| |||||||
352,769,205 | ||||||||
|
| |||||||
Information Technology 8.8% | ||||||||
Cisco Systems, Inc. | 2,015,800 | 47,210,036 | ||||||
Maxim Integrated Products, Inc. | 1,006,550 | 29,995,190 | ||||||
Microchip Technology, Inc.(a) | 366,000 | 14,746,140 | ||||||
Microsoft Corp. | 841,307 | 28,023,936 | ||||||
NetApp, Inc. | 249,300 | 10,625,166 | ||||||
Texas Instruments, Inc. | 966,550 | 38,922,969 | ||||||
|
| |||||||
169,523,437 | ||||||||
|
| |||||||
Materials 2.3% | ||||||||
Airgas, Inc. | 181,000 | 19,195,050 | ||||||
Ashland, Inc. | 105,106 | 9,720,203 | ||||||
Celanese Corp., Cl A | 290,506 | 15,335,812 | ||||||
|
| |||||||
44,251,065 | ||||||||
|
| |||||||
Telecommunication Services 1.9% |
| |||||||
AT&T, Inc. | 827,950 | 28,001,269 | ||||||
Verizon Communications, Inc. | 201,200 | 9,387,992 | ||||||
|
| |||||||
37,389,261 | ||||||||
|
|
See Notes to Financial Statements.
22
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Large Cap Value Equity Fund — concluded
Shares | Value($) | |||||||
Utilities 1.7% | ||||||||
Duke Energy Corp. | 501,950 | 33,520,221 | ||||||
|
| |||||||
Total Common Stocks | 1,885,658,200 | |||||||
|
| |||||||
Short-Term Investment 0.8% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 15,155,000 | 15,155,000 | ||||||
|
| |||||||
Total Short-Term Investment | 15,155,000 | |||||||
|
| |||||||
Money Market Fund 2.5% | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(c) | 47,808,582 | 47,808,582 | ||||||
|
| |||||||
Total Money Market Fund | 47,808,582 | |||||||
|
|
Shares | Value($) | |||||
Total Investments | 1,948,621,782 | |||||
Liabilities in Excess of Other Assets — (1.0)% | (19,385,248 | ) | ||||
|
| |||||
Net Assets — 100.0% | $ | 1,929,236,534 | ||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $14,802,327. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(h)). |
(c) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
REIT | — | Real Estate Investment Trust | ||
SP ADR | — | Sponsored American Depositary Receipt |
See Notes to Financial Statements.
23
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Mid-Cap Value Equity Fund
Shares | Value($) | |||||||
Common Stocks 95.8% | ||||||||
Consumer Discretionary 4.9% |
| |||||||
Coach, Inc. | 375,000 | 20,448,750 | ||||||
Johnson Controls, Inc. | 1,340,000 | 55,610,000 | ||||||
M.D.C. Holdings, Inc. | 1,030,000 | 30,910,300 | ||||||
Pearson PLC SP ADR | 1,850,000 | 37,629,000 | ||||||
Wynn Resorts Ltd. | 115,000 | 18,171,150 | ||||||
|
| |||||||
162,769,200 | ||||||||
|
| |||||||
Consumer Staples 2.1% | ||||||||
Clorox Co. (The) | 400,000 | 32,688,000 | ||||||
Ingredion, Inc. | 525,000 | 34,739,250 | ||||||
|
| |||||||
67,427,250 | ||||||||
|
| |||||||
Energy 10.0% | ||||||||
Baker Hughes, Inc. | 1,200,000 | 58,920,000 | ||||||
Energy XXI Bermuda Ltd.(a) | 1,450,000 | 43,790,000 | ||||||
Noble Energy, Inc. | 735,000 | 49,252,350 | ||||||
QEP Resources, Inc. | 2,570,000 | 71,163,300 | ||||||
Seadrill Ltd.(a) | 700,000 | 31,556,000 | ||||||
Tidewater, Inc. | 600,000 | 35,574,000 | ||||||
Valero Energy Corp. | 1,125,000 | 38,418,750 | ||||||
|
| |||||||
328,674,400 | ||||||||
|
| |||||||
Financials 29.6% | ||||||||
Alexandria Real Estate Equities, Inc., REIT | 700,000 | 44,695,000 | ||||||
Allstate Corp. (The) | 665,000 | 33,615,750 | ||||||
American Campus Communities, Inc., REIT | 1,440,000 | 49,176,000 | ||||||
American Realty Capital Properties, Inc., REIT | 4,000,000 | 48,800,000 | ||||||
Ameriprise Financial, Inc. | 645,000 | 58,746,600 | ||||||
Aon PLC | 450,000 | 33,498,000 | ||||||
BankUnited, Inc. | 775,000 | 24,172,250 | ||||||
BB&T Corp. | 1,300,000 | 43,875,000 | ||||||
Chubb Corp. (The) | 385,000 | 34,365,100 | ||||||
Comerica, Inc. | 800,000 | 31,448,000 | ||||||
DDR Corp., REIT(a) | 2,050,000 | 32,205,500 | ||||||
Equity Residential, REIT | 710,000 | 38,034,700 | ||||||
Hartford Financial Services Group, Inc. (The) | 2,500,000 | 77,800,000 | ||||||
Health Care REIT, Inc. | 1,100,000 | 68,618,000 | ||||||
Invesco Ltd. | 1,500,000 | 47,850,000 | ||||||
Lazard Ltd., Cl A | 1,680,000 | 60,513,600 | ||||||
Mid-America Apartment Communities, Inc., REIT(a) | 760,000 | 47,500,000 | ||||||
Prologis, Inc., REIT | 1,150,000 | 43,263,000 | ||||||
Regions Financial Corp. | 5,225,000 | 48,383,500 | ||||||
Reinsurance Group of America, Inc. | 375,000 | 25,121,250 |
Shares | Value($) | |||||||
Financial—continued | ||||||||
T. Rowe Price Group, Inc. | 700,000 | 50,351,000 | ||||||
Taubman Centers, Inc., REIT | 515,000 | 34,664,650 | ||||||
|
| |||||||
976,696,900 | ||||||||
|
| |||||||
Health Care 8.4% | ||||||||
Agilent Technologies, Inc. | 1,400,000 | 71,750,000 | ||||||
Cigna Corp. | 860,000 | 66,099,600 | ||||||
Hill-Rom Holdings, Inc. | 606,000 | 21,712,980 | ||||||
STERIS Corp. | 1,575,000 | 67,662,000 | ||||||
Zoetis, Inc. | 1,625,000 | 50,570,000 | ||||||
|
| |||||||
277,794,580 | ||||||||
|
| |||||||
Industrials 14.9% | ||||||||
ADT Corp. (The)* | 770,000 | 31,308,200 | ||||||
Alaska Air Group, Inc. | 525,000 | 32,875,500 | ||||||
Crane Co. | 340,000 | 20,967,800 | ||||||
Cummins, Inc. | 430,000 | 57,134,100 | ||||||
Fluor Corp. | 700,000 | 49,672,000 | ||||||
Joy Global, Inc.(a) | 950,000 | 48,488,000 | ||||||
Kennametal, Inc. | 875,000 | 39,900,000 | ||||||
Manitowoc Co., Inc. (The) | 1,825,000 | 35,733,500 | ||||||
Pentair Ltd. | 340,000 | 22,079,600 | ||||||
Rockwell Automation, Inc. | 235,000 | 25,130,900 | ||||||
Stanley Black & Decker, Inc. | 390,000 | 35,322,300 | ||||||
Titan International, Inc.(a) | 1,510,000 | 22,106,400 | ||||||
Triumph Group, Inc. | 515,000 | 36,163,300 | ||||||
Tyco International Ltd. | 985,000 | 34,455,300 | ||||||
|
| |||||||
491,336,900 | ||||||||
|
| |||||||
Information Technology 7.7% |
| |||||||
Broadcom Corp., Cl A | 1,300,000 | 33,813,000 | ||||||
Harris Corp. | 280,000 | 16,604,000 | ||||||
Intersil Corp., Cl A | 7,700,000 | 86,471,000 | ||||||
Maxim Integrated Products, Inc. | 1,200,000 | 35,760,000 | ||||||
NetApp, Inc. | 1,150,000 | 49,013,000 | ||||||
Total System Services, Inc. | 1,150,000 | 33,833,000 | ||||||
|
| |||||||
255,494,000 | ||||||||
|
| |||||||
Materials 11.3% | ||||||||
Allegheny Technologies, Inc. | 2,150,000 | 65,618,000 | ||||||
Ashland, Inc. | 360,000 | 33,292,800 | ||||||
Axiall Corp. | 1,130,000 | 42,702,700 | ||||||
Cabot Corp. | 1,940,000 | 82,857,400 | ||||||
Celanese Corp., Cl A | 750,000 | 39,592,500 | ||||||
Martin Marietta Materials, Inc. | 425,000 | 41,722,250 | ||||||
Mosaic Co. (The) | 725,000 | 31,189,500 | ||||||
Scotts Miracle-Gro Co. (The), Cl A | 265,000 | 14,582,950 | ||||||
Sherwin-Williams Co. (The) | 115,000 | 20,950,700 | ||||||
|
| |||||||
372,508,800 | ||||||||
|
|
See Notes to Financial Statements.
24
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Mid-Cap Value Equity Fund — concluded
Shares | Value($) | |||||||
Utilities 6.9% | ||||||||
American Electric Power Co., Inc. | 775,000 | 33,596,250 | ||||||
American Water Works Co., Inc. | 1,200,000 | 49,536,000 | ||||||
CenterPoint Energy, Inc. | 1,770,000 | 42,426,900 | ||||||
NRG Energy, Inc. | 2,515,000 | 68,734,950 | ||||||
Public Service Enterprise Group, Inc. | 1,015,000 | 33,423,950 | ||||||
|
| |||||||
227,718,050 | ||||||||
|
| |||||||
Total Common Stocks | 3,160,420,080 | |||||||
|
| |||||||
Short-Term Investment 3.2% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 105,256,275 | 105,256,275 | ||||||
|
| |||||||
Total Short-Term Investment |
| 105,256,275 | ||||||
|
| |||||||
Money Market Fund 4.2% | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(c) | 139,312,225 | 139,312,225 | ||||||
|
| |||||||
Total Money Market Fund | 139,312,225 | |||||||
|
| |||||||
|
|
Shares | Value($) | |||||
Total Investments | 3,404,988,580 | |||||
Liabilities in Excess of Other Assets — (3.2)% | (105,327,222 | ) | ||||
|
| |||||
Net Assets — 100.0% | $ | 3,299,661,358 | ||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $101,671,488. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(h)). |
(c) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
REIT | — | Real Estate Investment Trust | ||
SP ADR | — | Sponsored American Depositary Receipt |
See Notes to Financial Statements.
25
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Select Large Cap Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 98.9% | ||||||||
Consumer Discretionary 18.7% | ||||||||
Amazon.com, Inc.* | 1,736 | 542,743 | ||||||
Bed Bath & Beyond, Inc.* | 10,408 | 805,163 | ||||||
Johnson Controls, Inc. | 15,346 | 636,859 | ||||||
Las Vegas Sands Corp. | 13,624 | 904,906 | ||||||
Lowe’s Cos., Inc. | 20,741 | 987,479 | ||||||
Priceline.com, Inc.* | 1,017 | 1,028,136 | ||||||
VF Corp. | 2,887 | 574,658 | ||||||
|
| |||||||
5,479,944 | ||||||||
|
| |||||||
Consumer Staples 8.1% | ||||||||
Costco Wholesale Corp. | 4,319 | 497,203 | ||||||
Estee Lauder Cos., Inc. (The), Cl A | 9,143 | 639,096 | ||||||
Mead Johnson Nutrition Co. | 6,236 | 463,085 | ||||||
Whole Foods Market, Inc. | 13,148 | 769,158 | ||||||
|
| |||||||
2,368,542 | ||||||||
|
| |||||||
Energy 6.4% | ||||||||
EOG Resources, Inc. | 5,697 | 964,388 | ||||||
Halliburton Co. | 18,769 | 903,728 | ||||||
|
| |||||||
1,868,116 | ||||||||
|
| |||||||
Financials 5.5% | ||||||||
American Express Co. | 8,081 | 610,277 | ||||||
Morgan Stanley | 37,167 | 1,001,651 | ||||||
|
| |||||||
1,611,928 | ||||||||
|
| |||||||
Health Care 13.9% | ||||||||
Alexion Pharmaceuticals, Inc.* | 6,262 | 727,394 | ||||||
Biogen Idec, Inc.* | 4,483 | 1,079,327 | ||||||
Gilead Sciences, Inc.* | 15,532 | 976,031 | ||||||
McKesson Corp. | 5,743 | 736,827 | ||||||
Mylan, Inc.* | 14,703 | 561,213 | ||||||
|
| |||||||
4,080,792 | ||||||||
|
| |||||||
Industrials 16.0% | ||||||||
Cummins, Inc. | 6,942 | 922,383 | ||||||
Fluor Corp. | 12,160 | 862,874 | ||||||
Precision Castparts Corp. | 3,197 | 726,486 | ||||||
Union Pacific Corp. | 4,015 | 623,690 | ||||||
United Parcel Service, Inc., Cl B | 5,948 | 543,469 | ||||||
W.W. Grainger, Inc. | 3,822 | 1,000,256 | ||||||
|
| |||||||
4,679,158 | ||||||||
|
|
Shares | Value($) | |||||||
Information Technology 27.6% | ||||||||
Analog Devices, Inc. | 16,778 | 789,405 | ||||||
Apple, Inc. | 3,248 | 1,548,484 | ||||||
ARM Holdings PLC SP ADR | 9,547 | 459,402 | ||||||
ASML Holding NV NYS | 6,020 | 594,535 | ||||||
eBay, Inc.* | 14,402 | 803,487 | ||||||
Google, Inc., Cl A* | 1,890 | 1,655,470 | ||||||
QUALCOMM, Inc. | 7,863 | 529,652 | ||||||
Visa, Inc., Cl A | 6,188 | 1,182,527 | ||||||
Xilinx, Inc. | 11,403 | 534,344 | ||||||
|
| |||||||
8,097,306 | ||||||||
|
| |||||||
Materials 2.7% | ||||||||
Monsanto Co. | 7,682 | 801,770 | ||||||
|
| |||||||
Total Common Stocks | 28,987,556 | |||||||
|
| |||||||
Money Market Fund 3.0% | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(a) | 870,014 | 870,014 | ||||||
|
| |||||||
Total Money Market Fund | 870,014 | |||||||
|
| |||||||
Total Investments | 29,857,570 | |||||||
Liabilities in Excess of Other | (552,193 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 29,305,377 | ||||||
|
|
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
NYS | — | New York Registered Shares | ||
SP ADR | — | Sponsored American Depositary Receipt |
See Notes to Financial Statements.
26
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Small Cap Growth Stock Fund
Shares | Value($) | |||||||
Common Stocks 99.6% | ||||||||
Consumer Discretionary 16.6% | ||||||||
American Axle & Manufacturing Holdings, Inc.* | 114,566 | 2,259,241 | ||||||
Asbury Automotive Group, Inc.* | 27,401 | 1,457,733 | ||||||
Beazer Homes USA, Inc.*(a) | 60,392 | 1,087,056 | ||||||
Big 5 Sporting Goods Corp. | 37,712 | 606,409 | ||||||
Buffalo Wild Wings, Inc.* | 17,702 | 1,968,816 | ||||||
Capella Education Co.* | 31,673 | 1,791,425 | ||||||
Express, Inc.* | 76,442 | 1,803,267 | ||||||
Five Below, Inc.* | 21,381 | 935,419 | ||||||
G-III Apparel Group Ltd.* | 32,332 | 1,765,004 | ||||||
HomeAway, Inc.*(a) | 51,042 | 1,429,176 | ||||||
HSN, Inc. | 21,669 | 1,161,892 | ||||||
ITT Educational Services, Inc.*(a) | 51,454 | 1,595,074 | ||||||
Krispy Kreme Doughnuts, Inc.* | 68,141 | 1,317,847 | ||||||
LIN Media LLC* | 119,368 | 2,421,977 | ||||||
Movado Group, Inc. | 21,273 | 930,694 | ||||||
Multimedia Games Holding Co., Inc.* | 57,785 | 1,996,472 | ||||||
Nexstar Broadcasting Group, Inc. | 58,153 | 2,588,099 | ||||||
Ryland Group, Inc. (The) | 11,571 | 469,088 | ||||||
Shutterfly, Inc.* | 39,377 | 2,200,387 | ||||||
Steven Madden Ltd.* | 34,075 | 1,834,257 | ||||||
Zale Corp.* | 38,568 | 586,234 | ||||||
|
| |||||||
32,205,567 | ||||||||
|
| |||||||
Consumer Staples 2.5% | ||||||||
Hain Celestial Group, Inc. (The)* | 30,932 | 2,385,476 | ||||||
United Natural Foods, Inc.* | 35,491 | 2,385,705 | ||||||
|
| |||||||
4,771,181 | ||||||||
|
| |||||||
Energy 4.1% | ||||||||
Helix Energy Solutions Group, Inc.* | 57,900 | 1,468,923 | ||||||
Hornbeck Offshore Services, Inc.* | 31,563 | 1,812,979 | ||||||
Kodiak Oil & Gas Corp.* | 241,178 | 2,908,607 | ||||||
Mitcham Industries, Inc.* | 53,791 | 822,464 | ||||||
RigNet, Inc.* | 27,728 | 1,004,308 | ||||||
|
| |||||||
8,017,281 | ||||||||
|
| |||||||
Financials 14.3% | ||||||||
Cardtronics, Inc.* | 60,970 | 2,261,987 | ||||||
Cathay General Bancorp | 74,841 | 1,749,034 | ||||||
eHealth, Inc.* | 31,880 | 1,028,449 | ||||||
Encore Capital Group, Inc.*(a) | 47,550 | 2,180,643 | ||||||
Financial Engines, Inc. | 13,058 | 776,168 | ||||||
Hanmi Financial Corp. | 63,417 | 1,050,820 | ||||||
Hilltop Holdings, Inc.* | 63,795 | 1,180,207 | ||||||
MB Financial, Inc. | 72,705 | 2,053,189 | ||||||
MGIC Investment Corp.* | 259,411 | 1,888,512 |
Shares | Value($) | |||||||
Financials—continued | ||||||||
Portfolio Recovery Associates, Inc.* | 54,081 | 3,241,615 | ||||||
PrivateBancorp, Inc. | 84,190 | 1,801,666 | ||||||
Radian Group, Inc.(a) | 178,000 | 2,479,540 | ||||||
Sterling Financial Corp. | 76,371 | 2,188,029 | ||||||
Stifel Financial Corp.* | 53,072 | 2,187,628 | ||||||
World Acceptance Corp.*(a) | 19,362 | 1,741,031 | ||||||
|
| |||||||
27,808,518 | ||||||||
|
| |||||||
Health Care 17.0% | ||||||||
ABIOMED, Inc.*(a) | 60,542 | 1,154,536 | ||||||
Acadia Healthcare Co., Inc.* | 48,500 | 1,912,355 | ||||||
Air Methods Corp. | 32,893 | 1,401,242 | ||||||
Align Technology, Inc.* | 36,741 | 1,767,977 | ||||||
AVANIR Pharmaceuticals, Inc.*(a) | 266,768 | 1,131,096 | ||||||
Endologix, Inc.* | 119,512 | 1,927,729 | ||||||
Exelixis, Inc.*(a) | 177,699 | 1,034,208 | ||||||
HealthSouth Corp. | 54,752 | 1,887,849 | ||||||
HeartWare International, Inc.* | 21,592 | 1,580,750 | ||||||
HMS Holdings Corp.* | 68,707 | 1,477,888 | ||||||
ICON PLC* | 48,105 | 1,968,938 | ||||||
Impax Laboratories, Inc.* | 36,813 | 755,035 | ||||||
LifePoint Hospitals, Inc.* | 18,804 | 876,830 | ||||||
Medicines Co. (The)* | 52,926 | 1,774,079 | ||||||
Medidata Solutions, Inc.* | 27,138 | 2,684,762 | ||||||
Neogen Corp.* | 20,175 | 1,225,026 | ||||||
NPS Pharmaceuticals, Inc.* | 70,974 | 2,257,683 | ||||||
NuVasive, Inc.* | 48,019 | 1,175,985 | ||||||
Questcor Pharmaceuticals, Inc.(a) | 27,874 | 1,616,692 | ||||||
Santarus, Inc.* | 72,301 | 1,631,834 | ||||||
Team Health Holdings, Inc.* | 50,067 | 1,899,542 | ||||||
|
| |||||||
33,142,036 | ||||||||
|
| |||||||
Industrials 16.9% | ||||||||
AAR Corp. | 46,852 | 1,280,465 | ||||||
Astronics Corp.* | 12,446 | 618,691 | ||||||
Chart Industries, Inc.* | 13,903 | 1,710,625 | ||||||
Corporate Executive Board Co. (The) | 24,084 | 1,748,980 | ||||||
EMCOR Group, Inc. | 17,035 | 666,579 | ||||||
H&E Equipment Services, Inc.* | 98,638 | 2,619,825 | ||||||
HEICO Corp. | 28,414 | 1,924,764 | ||||||
Hub Group, Inc., Cl A* | 19,755 | 774,989 | ||||||
InnerWorkings, Inc.*(a) | 209,285 | 2,055,179 | ||||||
Kforce, Inc. | 63,336 | 1,120,414 | ||||||
MasTec, Inc.* | 47,407 | 1,436,432 | ||||||
Mueller Water Products, Inc., Cl A | 313,979 | 2,508,692 | ||||||
Polypore International, Inc.*(a) | 32,137 | 1,316,653 | ||||||
Powell Industries, Inc.* | 17,540 | 1,075,027 | ||||||
Power Solutions International, Inc.* | 10,436 | 616,976 | ||||||
Proto Labs, Inc.*(a) | 17,984 | 1,373,798 |
See Notes to Financial Statements.
27
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Small Cap Growth Stock Fund — concluded
Shares | Value($) | |||||||
Industrials—continued | ||||||||
Ryder System, Inc. | 10,682 | 637,715 | ||||||
Simpson Manufacturing Co., Inc. | 36,835 | 1,199,716 | ||||||
Spirit Airlines, Inc.* | 30,111 | 1,031,904 | ||||||
Steelcase, Inc., CL A | 76,825 | 1,276,831 | ||||||
Taser International, Inc.* | 50,693 | 755,833 | ||||||
Terex Corp.* | 20,115 | 675,864 | ||||||
Trimas Corp.* | 45,046 | 1,680,216 | ||||||
TrueBlue, Inc.* | 54,568 | 1,310,178 | ||||||
US Airways Group, Inc.*(a) | 49,657 | 941,497 | ||||||
Westport Innovations, Inc.*(a) | 25,560 | 618,296 | ||||||
|
| |||||||
32,976,139 | ||||||||
|
| |||||||
Information Technology 22.6% | ||||||||
Aspen Technology, Inc.* | 67,720 | 2,339,726 | ||||||
Bottomline Technologies, Inc.* | 73,358 | 2,045,221 | ||||||
CommVault Systems, Inc.* | 33,836 | 2,971,816 | ||||||
Cornerstone OnDemand, Inc.* | 40,407 | 2,078,536 | ||||||
CoStar Group, Inc.* | 5,801 | 973,988 | ||||||
Covisint Corp.* | 21,291 | 272,312 | ||||||
Ellie Mae, Inc.* | 69,020 | 2,209,330 | ||||||
Euronet Worldwide, Inc.* | 32,948 | 1,311,330 | ||||||
Guidewire Software, Inc.* | 20,579 | 969,477 | ||||||
Heartland Payment Systems, Inc.(a) | 55,033 | 2,185,911 | ||||||
Imperva, Inc.* | 13,651 | 573,615 | ||||||
Infoblox, Inc.* | 66,942 | 2,799,515 | ||||||
Integrated Device Technology, Inc.* | 198,873 | 1,873,384 | ||||||
Jive Software, Inc.* | 50,304 | 628,800 | ||||||
Marketo, Inc.* | 20,788 | 662,721 | ||||||
MAXIMUS, Inc. | 22,036 | 992,501 | ||||||
Move, Inc.* | 40,108 | 679,831 | ||||||
OpenTable, Inc.*(a) | 16,425 | 1,149,422 | ||||||
Proofpoint, Inc.* | 20,695 | 664,723 | ||||||
PROS Holdings, Inc.* | 55,286 | 1,890,228 | ||||||
QLIK Technologies, Inc.* | 81,865 | 2,803,058 | ||||||
Qualys, Inc.* | 33,977 | 726,768 | ||||||
Stratasys Ltd.*(a) | 20,876 | 2,113,904 | ||||||
Synaptics, Inc.* | 43,644 | 1,932,556 | ||||||
Trulia, Inc.*(a) | 46,552 | 2,189,341 | ||||||
Ultimate Software Group, Inc.* | 18,095 | 2,667,203 | ||||||
Universal Display Corp.*(a) | 28,846 | 923,937 | ||||||
Yelp, Inc.* | 10,702 | 708,258 | ||||||
Zillow, Inc.* | 6,668 | 562,579 | ||||||
|
| |||||||
43,899,991 | ||||||||
|
|
Shares | Value($) | |||||||
Materials 3.8% | ||||||||
Flotek Industries, Inc.* | 91,061 | 2,094,403 | ||||||
HB Fuller Co. | 67,470 | 3,048,969 | ||||||
Headwaters, Inc.* | 134,880 | 1,212,571 | ||||||
LSB Industries, Inc.* | 29,929 | 1,003,520 | ||||||
|
| |||||||
7,359,463 | ||||||||
|
| |||||||
Telecommunication Services 1.8% |
| |||||||
8x8, Inc.* | 173,923 | 1,751,405 | ||||||
Cogent Communications Group, Inc. | 54,390 | 1,754,077 | ||||||
|
| |||||||
3,505,482 | ||||||||
|
| |||||||
Total Common Stocks | 193,685,658 | |||||||
|
| |||||||
Short-Term Investment 12.6% | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 24,603,468 | 24,603,468 | ||||||
|
| |||||||
Total Short-Term Investment (Cost $24,603,468) | 24,603,468 | |||||||
|
| |||||||
Money Market Fund 2.1% | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(c) | 4,102,168 | 4,102,168 | ||||||
|
| |||||||
Total Money Market Fund | 4,102,168 | |||||||
|
| |||||||
Total Investments |
| 222,391,294 | ||||||
Liabilities in Excess of Other Assets — (14.3)% | (27,833,074 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 194,558,220 | ||||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $23,933,195. |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(h)). |
(c) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
See Notes to Financial Statements.
28
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Small Cap Value Equity Fund
Shares | Value($) | |||||||
Common Stocks 99.4% | ||||||||
Consumer Discretionary 21.2% |
| |||||||
Arcos Dorados Holdings, Inc., Cl A | 2,618,600 | 31,030,410 | ||||||
Brunswick Corp. | 637,400 | 25,438,634 | ||||||
Chico’s FAS, Inc. | 1,054,300 | 17,564,638 | ||||||
Destination Maternity Corp. | 164,729 | 5,238,382 | ||||||
Einstein Noah Restaurant Group, Inc. | 154,900 | 2,682,868 | ||||||
Guess?, Inc. | 1,776,554 | 53,030,137 | ||||||
HSN, Inc. | 1,024,100 | 54,912,242 | ||||||
Lithia Motors, Inc., Cl A | 365,300 | 26,652,288 | ||||||
Meredith Corp. | 662,500 | 31,548,250 | ||||||
NutriSystem, Inc. | 697,950 | 10,036,521 | ||||||
Oxford Industries, Inc. | 15,141 | 1,029,285 | ||||||
Scholastic Corp. | 513,000 | 14,697,450 | ||||||
Sonic Automotive, Inc., Cl A | 825,900 | 19,656,420 | ||||||
Sotheby’s | 943,700 | 46,363,981 | ||||||
Thor Industries, Inc. | 530,300 | 30,778,612 | ||||||
|
| |||||||
370,660,118 | ||||||||
|
| |||||||
Consumer Staples 3.8% |
| |||||||
Casey’s General Stores, Inc. | 183,300 | 13,472,550 | ||||||
Harris Teeter Supermarkets, Inc. | 566,100 | 27,846,459 | ||||||
WD-40 Co. | 399,050 | 25,898,345 | ||||||
|
| |||||||
67,217,354 | ||||||||
|
| |||||||
Energy 7.4% |
| |||||||
Berry Petroleum Co., Cl A | 298,600 | 12,878,618 | ||||||
Bristow Group, Inc. | 601,900 | 43,794,244 | ||||||
CARBO Ceramics, Inc. | 500,600 | 49,614,466 | ||||||
Patterson-UTI Energy, Inc. | 1,061,100 | 22,686,318 | ||||||
|
| |||||||
128,973,646 | ||||||||
|
| |||||||
Financials 21.0% |
| |||||||
American Realty Capital Properties, Inc., REIT | 1,355,100 | 16,532,220 | ||||||
Banco Latinoamericano de Expectaciones SA, Cl E | 259,050 | 6,455,526 | ||||||
Bank of Hawaii Corp. | 105,400 | 5,739,030 | ||||||
Campus Crest Communities, Inc. REIT | 792,000 | 8,553,600 | ||||||
Cash America International, Inc. | 975,050 | 44,150,264 | ||||||
Evercore Partners, Inc., Cl A | 578,250 | 28,467,248 | ||||||
Hancock Holding Co. | 279,774 | 8,779,308 | ||||||
Hanover Insurance Group, Inc. (The) | 691,650 | 38,262,078 | ||||||
HCC Insurance Holdings, Inc. | 1,116,400 | 48,920,648 | ||||||
Horace Mann Educators Corp. | 559,900 | 15,889,962 | ||||||
JMP Group, Inc. | 582,300 | 3,604,437 | ||||||
Mid-America Apartment Communities, Inc., REIT | 155,200 | 9,700,000 | ||||||
Monmouth Real Estate Investment Corp., Cl A REIT | 111,000 | 1,006,770 |
Shares | Value($) | |||||||
Financials—continued |
| |||||||
National Retail Properties, Inc. REIT | 181,250 | 5,767,375 | ||||||
Oppenheimer Holdings, Inc., Cl A | 196,100 | 3,484,697 | ||||||
Protective Life Corp. | 534,700 | 22,751,485 | ||||||
StanCorp Financial Group, Inc. | 1,015,800 | 55,889,316 | ||||||
Starwood Property Trust, Inc., REIT | 491,100 | 11,771,667 | ||||||
Tower Group International Ltd. | 320,242 | 2,241,694 | ||||||
Trust Co Bank Corp. NY | 411,000 | 2,449,560 | ||||||
UMB Financial Corp. | 482,350 | 26,210,899 | ||||||
|
| |||||||
366,627,784 | ||||||||
|
| |||||||
Health Care 4.2% |
| |||||||
Ensign Group, Inc. | 323,700 | 13,307,307 | ||||||
Landauer, Inc. | 200,400 | 10,270,500 | ||||||
STERIS Corp. | 626,357 | 26,908,297 | ||||||
Teleflex, Inc. | 287,100 | 23,622,588 | ||||||
|
| |||||||
74,108,692 | ||||||||
|
| |||||||
Industrials 27.9% |
| |||||||
A.O. Smith Corp. | 1,673,950 | 75,662,540 | ||||||
ABM Industries, Inc. | 613,000 | 16,318,060 | ||||||
Barnes Group, Inc. | 159,500 | 5,569,740 | ||||||
China Yuchai International Ltd. | 132,600 | 3,151,902 | ||||||
CLARCOR, Inc. | 492,200 | 27,331,866 | ||||||
Corrections Corp. of America | 521,348 | 18,012,573 | ||||||
EMCOR Group, Inc. | 414,400 | 16,215,472 | ||||||
Granite Construction, Inc. | 108,200 | 3,310,920 | ||||||
Great Lakes Dredge & Dock Corp. | 1,042,800 | 7,737,576 | ||||||
Grupo Aeroportuario del Pacifico SA de CV SP ADR | 261,476 | 13,374,497 | ||||||
Grupo Aeroportuario del Sureste SAB de CV ADR | 59,300 | 6,455,398 | ||||||
Harsco Corp. | 485,200 | 12,081,480 | ||||||
Herman Miller, Inc. | 943,400 | 27,528,412 | ||||||
Interface, Inc. | 2,243,871 | 44,518,401 | ||||||
ITT Corp. | 466,400 | 16,767,080 | ||||||
Kennametal, Inc. | 175,400 | 7,998,240 | ||||||
Knoll, Inc. | 848,600 | 14,375,284 | ||||||
Lennox International, Inc. | 581,700 | 43,778,742 | ||||||
Macquarie Infrastructure Co. LLC | 307,200 | 16,447,488 | ||||||
Mine Safety Appliances Co. | 389,200 | 20,086,612 | ||||||
Progressive Waste Solutions Ltd. | 2,047,924 | 52,693,085 | ||||||
Ritchie Bros Auctioneers, Inc. | 465,800 | 9,399,844 | ||||||
Sun Hydraulics Corp. | 91,400 | 3,313,250 | ||||||
Tennant Co. | 153,800 | 9,535,600 | ||||||
Titan International, Inc. | 296,400 | 4,339,296 | ||||||
Viad Corp. | 523,000 | 13,048,850 | ||||||
|
| |||||||
489,052,208 | ||||||||
|
| |||||||
Information Technology 8.1% |
| |||||||
Black Box Corp. | 268,550 | 8,228,372 | ||||||
DST Systems, Inc. | 147,800 | 11,145,598 |
See Notes to Financial Statements.
29
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Small Cap Value Equity Fund — concluded
Shares | Value($) | |||||||
Information Technology—continued |
| |||||||
Fair Isaac Corp. | 489,300 | 27,048,504 | ||||||
FEI Co. | 372,000 | 32,661,600 | ||||||
FLIR Systems, Inc. | 1,058,900 | 33,249,460 | ||||||
Plantronics, Inc. | 621,350 | 28,613,167 | ||||||
|
| |||||||
140,946,701 | ||||||||
|
| |||||||
Materials 5.2% |
| |||||||
A. Schulman, Inc. | 473,300 | 13,943,418 | ||||||
Cabot Corp. | 880,800 | 37,618,968 | ||||||
Carpenter Technology Corp. | 379,200 | 22,035,312 | ||||||
Globe Specialty Metals, Inc. | 648,700 | 9,996,467 | ||||||
Haynes International, Inc. | 165,900 | 7,520,247 | ||||||
|
| |||||||
91,114,412 | ||||||||
|
| |||||||
Utilities 0.6% |
| |||||||
Avista Corp. | 60,550 | 1,598,520 | ||||||
California Water Service Group | 442,400 | 8,989,568 | ||||||
|
| |||||||
10,588,088 | ||||||||
|
| |||||||
Total Common Stocks |
| 1,739,289,003 |
Shares | Value($) | |||||||
Money Market Fund 0.7% |
| |||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.06%(a) | 13,031,649 | 13,031,649 | ||||||
|
| |||||||
Total Money Market Fund |
| 13,031,649 | ||||||
|
| |||||||
Total Investments |
| 1,752,320,652 | ||||||
Liabilities in Excess of Other |
| (2,250,198 | ) | |||||
|
| |||||||
Net Assets — 100.0% |
| $ | 1,750,070,454 | |||||
|
|
(a) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
ADR | — | American Depositary Receipt | ||
REIT | — | Real Estate Investment Trust | ||
SP ADR | — | Sponsored American Depositary Receipt |
See Notes to Financial Statements.
30
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Aggressive Growth Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 72.3%(a) | ||||||||
RidgeWorth International Equity Fund | 107,961 | 1,379,738 | ||||||
RidgeWorth International Equity Index Fund | 3,443 | 31,026 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 565,744 | 5,289,704 | ||||||
RidgeWorth Large Cap Value Equity Fund | 263,845 | 4,593,539 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 132,531 | 1,887,242 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 25,803 | 774,872 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 45,405 | 850,445 | ||||||
RidgeWorth Small Cap Value Equity Fund | 46,012 | 783,581 | ||||||
|
| |||||||
Total Equity Funds | 15,590,147 | |||||||
|
| |||||||
Fixed Income Funds 11.9%(a) | ||||||||
RidgeWorth Corporate Bond Fund | 629 | 5,545 | ||||||
RidgeWorth High Income Fund | 19,916 | 142,202 | ||||||
RidgeWorth Intermediate Bond Fund | 144 | 1,459 | ||||||
RidgeWorth Seix Floating Rate High Income Fund | 18,190 | 163,531 | ||||||
RidgeWorth Seix High Yield Fund | 14,619 | 145,749 | ||||||
RidgeWorth Total Return Bond Fund | 191,822 | 2,006,454 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 11,248 | 113,603 | ||||||
|
| |||||||
Total Fixed Income Funds | 2,578,543 | |||||||
|
| |||||||
Exchange Traded Funds 14.8% | ||||||||
Consumer Discretionary Select Sector SPDR Fund | 1,181 | 71,604 | ||||||
Consumer Staples Select Sector SPDR Fund | 1,015 | 40,397 | ||||||
Energy Select Sector SPDR Fund | 891 | 73,846 | ||||||
Financial Select Sector SPDR Fund | 5,276 | 105,098 | ||||||
Health Care Select Sector SPDR Fund | 1,761 | 89,054 | ||||||
Industrial Select Sector SPDR Fund | 1,500 | 69,555 |
Shares | Value($) | |||||||
Exchange Traded Funds—continued |
| |||||||
iShares Barclays 20+ Year Treasury Bond Fund | 520 | 55,328 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund | 29 | 3,265 | ||||||
iShares Core S&P 500 Fund | 11,009 | 1,859,420 | ||||||
iShares Core Total U.S. Bond Market Fund | 619 | 66,357 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund | 1,103 | 70,327 | ||||||
iShares MSCI EAFE Fund | 2,275 | 145,122 | ||||||
iShares MSCI Emerging Markets Index Fund | 6,207 | 253,059 | ||||||
iShares Russell 2000 Index Fund | 311 | 33,159 | ||||||
Market Vectors Gold Miners Fund | 3,554 | 89,063 | ||||||
Materials Select Sector SPDR Fund | 571 | 23,982 | ||||||
Technology Select Sector SPDR Fund | 4,132 | 132,348 | ||||||
Utilities Select Sector SPDR Fund | 116 | 4,333 | ||||||
|
| |||||||
Total Exchange Traded Funds | 3,185,317 | |||||||
|
| |||||||
Money Market Fund 0.9% | ||||||||
State Street Institutional | 201,841 | 201,841 | ||||||
|
| |||||||
Total Money Market Fund | 201,841 | |||||||
|
| |||||||
Total Investments | 21,555,848 | |||||||
Other Assets in Excess of Liabilities — 0.1% | 14,763 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 21,570,611 | ||||||
|
|
* | Non-income producing security. |
(a) | Affiliated investments. Investments are in each Fund’s I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MSCI | — | Morgan Stanley Capital International | ||
SPDR | — | Standard & Poor’s Depositary Receipt |
See Notes to Financial Statements.
31
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Conservative Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 29.8%(a) | ||||||||
RidgeWorth International Equity Fund | 118,823 | 1,518,555 | ||||||
RidgeWorth International Equity Index Fund | 5,649 | 50,894 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 619,931 | 5,796,353 | ||||||
RidgeWorth Large Cap Value Equity Fund | 297,628 | 5,181,698 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 149,401 | 2,127,464 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 34,364 | 1,031,956 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 51,013 | 955,470 | ||||||
RidgeWorth Small Cap Value Equity Fund | 51,996 | 885,498 | ||||||
|
| |||||||
Total Equity Funds | 17,547,888 | |||||||
|
| |||||||
Fixed Income Funds 60.2%(a) | ||||||||
RidgeWorth Corporate Bond Fund | 9,528 | 83,941 | ||||||
RidgeWorth High Income Fund | 285,288 | 2,036,960 | ||||||
RidgeWorth Intermediate Bond Fund | 1,277 | 12,897 | ||||||
RidgeWorth Seix Floating Rate High Income Fund | 219,686 | 1,974,979 | ||||||
RidgeWorth Seix High Yield Fund | 211,931 | 2,112,950 | ||||||
RidgeWorth Total Return Bond Fund | 2,612,026 | 27,321,790 | ||||||
RidgeWorth US Government Securities Ultra-Short Bond Fund | 182,644 | 1,844,703 | ||||||
|
| |||||||
Total Fixed Income Funds | 35,388,220 | |||||||
|
| |||||||
Exchange Traded Funds 9.0% | ||||||||
Consumer Discretionary Select Sector SPDR Fund | 1,223 | 74,150 | ||||||
Consumer Staples Select Sector SPDR Fund | 1,057 | 42,069 | ||||||
Energy Select Sector SPDR Fund | 956 | 79,233 | ||||||
Financial Select Sector SPDR Fund | 5,637 | 112,289 | ||||||
Health Care Select Sector SPDR Fund | 1,901 | 96,134 | ||||||
Industrial Select Sector SPDR Fund | 1,574 | 72,986 |
Shares | Value($) | |||||||
Exchange Traded Funds—continued | ||||||||
iShares Barclays 20+ Year Treasury Bond Fund | 7,195 | 765,548 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund | 309 | 34,787 | ||||||
iShares Core S&P 500 Fund | 12,634 | 2,133,883 | ||||||
iShares Core Total U.S. Bond Market Fund | 9,366 | 1,004,035 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund | 1,573 | 100,294 | ||||||
iShares MSCI EAFE Fund | 2,743 | 174,976 | ||||||
iShares MSCI Emerging Markets Index Fund | 6,737 | 274,668 | ||||||
iShares Russell 2000 Index Fund | 528 | 56,295 | ||||||
Market Vectors Gold Miners Fund | 3,819 | 95,704 | ||||||
Materials Select Sector SPDR Fund | 584 | 24,528 | ||||||
Technology Select Sector SPDR Fund | 4,483 | 143,591 | ||||||
Utilities Select Sector SPDR Fund | 171 | 6,387 | ||||||
|
| |||||||
Total Exchange Traded Funds (Cost $4,748,216) | 5,291,557 | |||||||
|
| |||||||
Money Market Fund 1.0% | ||||||||
State Street Institutional | 600,801 | 600,801 | ||||||
|
| |||||||
Total Money Market Fund | 600,801 | |||||||
|
| |||||||
Total Investments | 58,828,466 | |||||||
Liabilities in Excess of Other | (1,163 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 58,827,303 | ||||||
|
|
* | Non-income producing security. |
(a) | Affiliated investments. Investments are in each Fund’s I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
(c) | Less than 0.05% of Net Assets. |
Investment Abbreviations
MSCI | — | Morgan Stanley Capital International | ||
SPDR | — | Standard & Poor’s Depositary Receipt |
See Notes to Financial Statements.
32
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Growth Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 63.0%(a) | ||||||||
RidgeWorth International Equity Fund | 273,753 | 3,498,557 | ||||||
RidgeWorth International Equity Index Fund | 5,744 | 51,754 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 1,433,911 | 13,407,064 | ||||||
RidgeWorth Large Cap Value Equity Fund | 695,477 | 12,108,257 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 348,649 | 4,964,757 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 83,808 | 2,516,760 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 118,789 | 2,224,911 | ||||||
RidgeWorth Small Cap Value Equity Fund | 121,122 | 2,062,714 | ||||||
|
| |||||||
Total Equity Funds | 40,834,774 | |||||||
|
| |||||||
Fixed Income Funds 22.2%(a) | ||||||||
RidgeWorth Corporate Bond Fund | 3,996 | 35,203 | ||||||
RidgeWorth High Income Fund | 105,772 | 755,214 | ||||||
RidgeWorth Intermediate Bond Fund | 156 | 1,574 | ||||||
RidgeWorth Seix Floating Rate High Income Fund | 94,681 | 851,186 | ||||||
RidgeWorth Seix High Yield Fund | 86,308 | 860,488 | ||||||
RidgeWorth Total Return Bond Fund | 1,066,910 | 11,159,883 | ||||||
RidgeWorth US Government Securities Ultra Short Bond Fund | 67,885 | 685,636 | ||||||
|
| |||||||
Total Fixed Income Funds | 14,349,184 | |||||||
|
| |||||||
Exchange Traded Funds 13.9% | ||||||||
Consumer Discretionary Select Sector SPDR Fund | 3,513 | 212,993 | ||||||
Consumer Staples Select Sector SPDR Fund | 3,208 | 127,679 | ||||||
Energy Select Sector SPDR Fund | 2,766 | 229,246 | ||||||
Financial Select Sector SPDR Fund | 16,417 | 327,027 | ||||||
Health Care Select Sector SPDR Fund | 5,560 | 281,169 | ||||||
Industrial Select Sector SPDR Fund | 4,662 | 216,177 |
Shares | Value($) | |||||||
Exchange Traded Funds—continued |
| |||||||
iShares Barclays 20+ Year Treasury Bond Fund | 2,838 | 301,963 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund | 352 | 39,628 | ||||||
iShares Core S&P 500 Fund | 28,058 | 4,738,996 | ||||||
iShares Core Total U.S. Bond Market Fund | 2,376 | 254,707 | ||||||
iShares Dow Jones U.S. Real Estate Fund | 3,341 | 213,022 | ||||||
iShares MSCI EAFE Fund | 8,107 | 517,146 | ||||||
iShares MSCI Emerging Markets Index Fund | 15,929 | 649,425 | ||||||
iShares Russell 2000 Index Fund | 1,309 | 139,566 | ||||||
Market Vectors Gold Miners Fund | 9,371 | 234,837 | ||||||
Materials Select Sector SPDR Fund | 1,615 | 67,830 | ||||||
Technology Select Sector SPDR Fund | 12,931 | 414,180 | ||||||
Utilities Select Sector SPDR Fund | 469 | 17,517 | ||||||
|
| |||||||
Total Exchange Traded Funds (Cost $7,617,889) | 8,983,108 | |||||||
|
| |||||||
Money Market Fund 0.9% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) | 613,152 | 613,152 | ||||||
|
| |||||||
Total Money Market Fund | 613,152 | |||||||
|
| |||||||
Total Investments | 64,780,218 | |||||||
Other Assets in Excess of | 6,925 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 64,787,143 | ||||||
|
|
* | Non-income producing security. |
(a) | Affiliated investments. Investments are in each Fund’s I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
(c) | Less than 0.05% of Net Assets. |
Investment Abbreviations
MSCI | — | Morgan Stanley Capital International | ||
SPDR | — | Standard & Poor’s Depositary Receipt |
See Notes to Financial Statements.
33
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Moderate Allocation Strategy
Shares | Value($) | |||||||
Equity Funds 46.5%(a) | ||||||||
RidgeWorth International | 513,740 | 6,565,600 | ||||||
RidgeWorth International Equity Index Fund | 8,896 | 80,154 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 2,646,476 | 24,744,547 | ||||||
RidgeWorth Large Cap Value Equity Fund | 1,283,358 | 22,343,258 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 642,699 | 9,152,029 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 156,259 | 4,692,447 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 217,623 | 4,076,077 | ||||||
RidgeWorth Small Cap Value Equity Fund | 221,959 | 3,779,954 | ||||||
|
| |||||||
Total Equity Funds | 75,434,066 | |||||||
|
| |||||||
Fixed Income Funds 41.8%(a) | ||||||||
RidgeWorth Corporate Bond Fund | 3,419 | 30,121 | ||||||
RidgeWorth High Income Fund | 500,819 | 3,575,850 | ||||||
RidgeWorth Intermediate Bond Fund | 1,292 | 13,053 | ||||||
RidgeWorth Seix Floating Rate High Income Fund | 415,215 | 3,732,785 | ||||||
RidgeWorth Seix High Yield Fund | 399,993 | 3,987,933 | ||||||
RidgeWorth Total Return Bond Fund | 5,043,589 | 52,755,944 | ||||||
RidgeWorth US Government Securities Ultra-Short Bond Fund | 360,365 | 3,639,687 | ||||||
|
| |||||||
Total Fixed Income Funds | 67,735,373 | |||||||
|
| |||||||
Exchange Traded Funds 10.9% | ||||||||
Consumer Discretionary Select Sector SPDR Fund | 4,971 | 301,392 | ||||||
Consumer Staples Select Sector SPDR Fund | 4,473 | 178,025 | ||||||
Energy Select Sector SPDR Fund | 4,016 | 332,846 | ||||||
Financial Select Sector SPDR Fund | 23,499 | 468,100 | ||||||
Health Care Select Sector SPDR Fund | 7,917 | 400,363 | ||||||
Industrial Select Sector SPDR Fund | 6,690 | 310,215 |
Shares | Value($) | |||||||
Exchange Traded Funds—continued |
| |||||||
iShares Barclays 20+ Year Treasury Bond Fund | 13,417 | 1,427,569 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund | 1,274 | 143,427 | ||||||
iShares Core S&P 500 Fund | 54,192 | 9,153,029 | ||||||
iShares Core Total US Bond Market Index Fund | 9,850 | 1,055,920 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund | 6,829 | 435,417 | ||||||
iShares MSCI EAFE Index Fund | 13,062 | 833,225 | ||||||
iShares MSCI Emerging Markets Index Fund | 29,079 | 1,185,551 | ||||||
iShares Russell 2000 Index Fund | �� | 3,161 | 337,026 | |||||
Market Vectors Gold Miners Fund | 16,386 | 410,633 | ||||||
Materials Select Sector SPDR Fund | 2,567 | 107,814 | ||||||
Technology Select Sector SPDR Fund | 18,703 | 599,057 | ||||||
Utilities Select Sector SPDR Fund | 534 | 19,945 | ||||||
|
| |||||||
Total Exchange Traded Funds (Cost $14,827,625) | 17,699,554 | |||||||
|
| |||||||
Money Market Fund 1.0% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) | 1,610,813 | 1,610,813 | ||||||
|
| |||||||
Total Money Market Fund | 1,610,813 | |||||||
|
| |||||||
Total Investments | 162,479,806 | |||||||
Liabilities in Excess of Other | (287,172 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 162,192,634 | ||||||
|
|
* | Non-income producing security. |
(a) | Affiliated investments. Investments are in each Fund’s I Shares. |
(b) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MSCI | — | Morgan Stanley Capital International | ||
SPDR | — | Standard & Poor’s Depositary Receipt |
See Notes to Financial Statements.
34
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Aggressive Growth Stock Fund | International Equity Fund | International Equity Index Fund | Large Cap Growth Stock Fund | Large Cap Value Equity Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 17,876,348 | $ | 22,308,002 | $ | 32,701,579 | $ | 182,039,167 | $ | 1,525,638,479 | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investments, at Value* | $ | 32,700,999 | $ | 30,177,041 | $ | 57,117,925 | $ | 276,225,507 | $ | 1,948,621,782 | ||||||||||
Dividends Receivable | 1,759 | 102,849 | 158,070 | 183,041 | 2,767,162 | |||||||||||||||
Securities Lending Income Receivable | — | 44 | 1,455 | 52 | 1,092 | |||||||||||||||
Foreign Currency, at Value (Cost $—, $292,356, | — | 292,280 | 20,465 | — | — | |||||||||||||||
Receivable for Capital Shares Issued | 744,269 | 3,936 | 171,751 | 38,538 | 3,065,077 | |||||||||||||||
Receivable for Investment Securities Sold | 30,163 | 87 | 43,450 | — | 6,640,101 | |||||||||||||||
Reclaims Receivable | — | 193,155 | 176,356 | — | — | |||||||||||||||
Receivable from Investment Adviser | 1,545 | 10,911 | 45,590 | 36,426 | 255,230 | |||||||||||||||
Prepaid Expenses and Other Assets | 18,753 | 20,730 | 18,188 | 28,701 | 74,134 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Assets | 33,497,488 | 30,801,033 | 57,753,250 | 276,512,265 | 1,961,424,578 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 50,747 | 210,840 | 26,725 | — | 12,864,492 | |||||||||||||||
Payable for Capital Shares Redeemed | 57,062 | 7,151 | 605,102 | 221,121 | 2,003,940 | |||||||||||||||
Payable Upon Return of Securities Loaned | — | 242,400 | 295,020 | 180,150 | 15,155,000 | |||||||||||||||
Investment Advisory Fees Payable | 20,814 | 21,882 | 20,964 | 157,230 | 1,040,552 | |||||||||||||||
Compliance and Fund Services Fees Payable | 554 | 1,984 | 2,086 | 3,640 | 30,837 | |||||||||||||||
Distribution and Service Fees Payable | 1,428 | 1,128 | 702 | 42,205 | 99,334 | |||||||||||||||
Other Accrued Expenses | 30,705 | 93,735 | 145,114 | 29,167 | 993,889 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Liabilities | 161,310 | 579,120 | 1,095,713 | 633,513 | 32,188,044 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Net Assets | $ | 33,336,178 | $ | 30,221,913 | $ | 56,657,537 | $ | 275,878,752 | $ | 1,929,236,534 | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 19,673,832 | $ | 261,827,989 | $ | 13,347,868 | $ | 163,321,879 | $ | 1,306,987,502 | ||||||||||
Accumulated Net Investment Income (Loss) | (227,640 | ) | 2,827,111 | (145,032 | ) | (3,381 | ) | 18,643,502 | ||||||||||||
Accumulated Net Realized Gain (Loss) from | (934,665 | ) | (242,318,113 | ) | 19,035,306 | 18,373,914 | 180,622,227 | |||||||||||||
Net Unrealized Appreciation on Investments | 14,824,651 | 7,884,926 | 24,419,395 | 94,186,340 | 422,983,303 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets | $ | 33,336,178 | $ | 30,221,913 | $ | 56,657,537 | $ | 275,878,752 | $ | 1,929,236,534 | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 26,590,983 | $ | 25,585,221 | $ | 53,759,656 | $ | 181,063,665 | $ | 1,565,084,660 | ||||||||||
A Shares | 6,745,195 | 4,636,692 | 2,897,881 | 61,704,857 | 346,511,177 | |||||||||||||||
C Shares | — | — | — | 33,110,230 | 17,640,697 | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 1,260,993 | 2,001,506 | 5,969,248 | 19,362,658 | 89,878,863 | |||||||||||||||
A Shares | 329,606 | 365,828 | 326,036 | 7,551,496 | 20,033,233 | |||||||||||||||
C Shares | — | — | — | 5,176,738 | 1,039,076 | |||||||||||||||
Net Asset Value and Redemption Price Per Share: | ||||||||||||||||||||
I Shares | $21.09 | $12.78 | $9.01 | $9.35 | $17.41 | |||||||||||||||
A Shares | 20.46 | 12.67 | 8.89 | 8.17 | 17.30 | |||||||||||||||
C Shares(a) | — | — | — | 6.40 | 16.98 | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $21.71 | $13.44 | $9.43 | $8.67 | $18.36 | |||||||||||||||
Maximum Sales Charge — A Shares | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % |
* | Investments include securities on loan of $—, $234,048, $278,805, $173,088 and $14,802,327, respectively. |
(a) | Redemption price per share varies based on length of time shares are held. |
See Notes to Financial Statements.
35
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Mid-Cap Value Equity Fund | Select Large Cap Growth Stock Fund | Small Cap Growth Stock Fund | Small Cap Value Equity Fund | |||||||||||||
Assets: | ||||||||||||||||
Total Investments, at Cost | $ | 3,049,862,137 | $ | 21,150,105 | $ | 169,010,788 | $ | 1,287,893,378 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments, at Value* | $ | 3,404,988,580 | $ | 29,857,570 | $ | 222,391,294 | $ | 1,752,320,652 | ||||||||
Dividends Receivable | 3,244,913 | 14,749 | 18,519 | 2,254,962 | ||||||||||||
Securities Lending Income Receivable | 58,128 | — | 15,943 | — | ||||||||||||
Receivable for Capital Shares Issued | 5,975,394 | 493 | 219,488 | 1,193,431 | ||||||||||||
Receivable for Investment Securities Sold | 17,766,421 | — | 2,535,872 | 2,415,272 | ||||||||||||
Reclaims Receivable | — | — | — | 126,090 | ||||||||||||
Receivable from Investment Adviser | 19,408 | 604 | 9,250 | — | ||||||||||||
Prepaid Expenses and Other Assets | 114,488 | 17,862 | 24,805 | 67,733 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Assets | 3,432,167,332 | 29,891,278 | 225,215,171 | 1,758,378,140 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities: | ||||||||||||||||
Payable for Investment Securities Purchased | 17,774,500 | 482,712 | 4,749,393 | 2,883,189 | ||||||||||||
Payable for Capital Shares Redeemed | 5,474,274 | 55,612 | 977,299 | 3,006,970 | ||||||||||||
Payable Upon Return of Securities Loaned | 105,256,275 | — | 24,603,468 | — | ||||||||||||
Investment Advisory Fees Payable | 1,858,711 | 17,202 | 134,380 | 1,141,233 | ||||||||||||
Compliance and Fund Services Fees Payable | 46,293 | 584 | 3,071 | 27,134 | ||||||||||||
Distribution and Service Fees Payable | 195,297 | 11,732 | 8,746 | 77,306 | ||||||||||||
Other Accrued Expenses | 1,900,624 | 18,059 | 180,594 | 1,171,854 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities | 132,505,974 | 585,901 | 30,656,951 | 8,307,686 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Net Assets | $ | 3,299,661,358 | $ | 29,305,377 | $ | 194,558,220 | $ | 1,750,070,454 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets Consist of: | ||||||||||||||||
Capital | $ | 2,568,723,246 | $ | 16,557,629 | $ | 116,188,972 | $ | 1,226,309,586 | ||||||||
Accumulated Net Investment Income (Loss) | 21,443,325 | (111,123 | ) | (852,200 | ) | 8,821,128 | ||||||||||
Accumulated Net Realized Gain from Investments and Foreign Currencies Transactions | 354,368,344 | 4,151,406 | 25,840,942 | 50,511,963 | ||||||||||||
Net Unrealized Appreciation on Investments and Foreign Currencies | 355,126,443 | 8,707,465 | 53,380,506 | 464,427,777 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets | $ | 3,299,661,358 | $ | 29,305,377 | $ | 194,558,220 | $ | 1,750,070,454 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets: | ||||||||||||||||
I Shares | $ | 2,669,426,015 | $ | 14,441,565 | $ | 175,944,343 | $ | 1,520,226,943 | ||||||||
A Shares | 558,440,327 | 980,455 | 11,190,023 | 192,784,723 | ||||||||||||
C Shares | 71,795,016 | 13,883,357 | 7,423,854 | 37,058,788 | ||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||
I Shares | 187,498,628 | 480,861 | 9,396,033 | 89,283,605 | ||||||||||||
A Shares | 39,600,168 | 33,555 | 647,440 | 11,536,214 | ||||||||||||
C Shares | 5,174,733 | 552,187 | 529,500 | 2,331,625 | ||||||||||||
Net Asset Value and Redemption Price Per Share: | ||||||||||||||||
I Shares | $14.24 | $30.03 | $18.73 | $17.03 | ||||||||||||
A Shares | 14.10 | 29.22 | 17.28 | 16.71 | ||||||||||||
C Shares(a) | 13.87 | 25.14 | 14.02 | 15.89 | ||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net | ||||||||||||||||
A Shares | $14.96 | $31.00 | $18.33 | $17.73 | ||||||||||||
Maximum Sales Charge — A Shares | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % |
* | Investments include securities on loan of $101,671,488, $—, $23,933,195 and $—, respectively. |
(a) | Redemption price per share varies based on length of time shares are held. |
See Notes to Financial Statements.
36
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Aggressive Growth Allocation Strategy | Conservative Allocation Strategy | Growth Allocation Strategy | Moderate Allocation Strategy | |||||||||||||
Assets: | ||||||||||||||||
Total Investments, at Cost | $ | 17,414,425 | $ | 55,754,766 | $ | 53,529,043 | $ | 142,661,851 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Investments, at Value | $ | 3,387,158 | $ | 5,892,358 | $ | 9,596,260 | $ | 19,310,367 | ||||||||
Investments in Affiliates, at Value | 18,168,690 | 52,936,108 | 55,183,958 | 143,169,439 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 21,555,848 | 58,828,466 | 64,780,218 | 162,479,806 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Cash | 8,953 | — | 22,950 | — | ||||||||||||
Dividends Receivable | 5,950 | 77,787 | 31,516 | 147,661 | ||||||||||||
Receivable for Capital Shares Issued | 4,763 | 166,927 | 40,860 | 138,404 | ||||||||||||
Receivable from Investment Adviser | 7,116 | 4,348 | 7,431 | 6,169 | ||||||||||||
Prepaid Expenses and Other Assets | 27,472 | 28,941 | 29,982 | 24,007 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Assets | 21,610,102 | 59,106,469 | 64,912,957 | 162,796,047 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities: | ||||||||||||||||
Payable for Investment Securities Purchased | 5,950 | 77,787 | 31,516 | 147,661 | ||||||||||||
Payable for Capital Shares Redeemed | 474 | 151,141 | 11,459 | 278,903 | ||||||||||||
Investment Advisory Fees Payable | 1,808 | 4,817 | 5,266 | 13,222 | ||||||||||||
Compliance and Fund Services Fees Payable | 385 | 1,022 | 1,110 | 2,866 | ||||||||||||
Distribution and Service Fees Payable | 1,624 | 16,858 | 4,531 | 16,363 | ||||||||||||
Other Accrued Expenses | 29,250 | 27,541 | 71,932 | 144,398 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities | 39,491 | 279,166 | 125,814 | 603,413 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Net Assets | $ | 21,570,611 | $ | 58,827,303 | $ | 64,787,143 | $ | 162,192,634 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets Consist of: | ||||||||||||||||
Capital | $ | 15,571,177 | $ | 53,571,604 | $ | 48,476,487 | $ | 132,184,259 | ||||||||
Accumulated Net Investment Income | 16,558 | 453,755 | 190,379 | 1,000,755 | ||||||||||||
Accumulated Net Realized Gain (Loss) from Investments Transactions | 1,841,453 | 1,728,244 | 4,869,102 | 9,189,665 | ||||||||||||
Net Unrealized Appreciation on Investments | 4,141,423 | 3,073,700 | 11,251,175 | 19,817,955 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets | $ | 21,570,611 | $ | 58,827,303 | $ | 64,787,143 | $ | 162,192,634 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets: | ||||||||||||||||
I Shares | $ | 16,428,762 | $ | 27,063,219 | $ | 52,663,024 | $ | 128,730,568 | ||||||||
A Shares | 4,488,929 | 15,945,085 | 9,246,914 | 19,322,630 | ||||||||||||
C Shares | 652,920 | 15,818,999 | 2,877,205 | 14,139,436 | ||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||
I Shares | 1,703,856 | 2,119,422 | 4,384,740 | 11,133,458 | ||||||||||||
A Shares | 469,789 | 1,251,743 | 773,543 | 1,676,131 | ||||||||||||
C Shares | 69,973 | 1,257,483 | 244,825 | 1,238,661 | ||||||||||||
Net Asset Value and Redemption Price Per Share: | ||||||||||||||||
I Shares | $9.64 | $12.77 | $12.01 | $11.56 | ||||||||||||
A Shares | 9.56 | 12.74 | 11.95 | 11.53 | ||||||||||||
C Shares(a) | 9.33 | 12.58 | 11.75 | 11.42 | ||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net | ||||||||||||||||
A Shares | $10.14 | $13.38 | $12.68 | $12.23 | ||||||||||||
Maximum Sales Charge — A Shares | 5.75 | % | 4.75 | % | 5.75 | % | 5.75 | % |
(a) | Redemption price per share varies based on length of time shares are held. |
See Notes to Financial Statements.
37
Table of Contents
RIDGEWORTH FUNDS For the Period Ended September 30, 2013
(Unaudited)
Aggressive Growth Stock Fund | International Equity Fund | International Equity Index Fund | Large Cap Growth Stock Fund | Large Cap Value Equity Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | — | $ | 43 | $ | — | $ | — | $ | — | ||||||||||
Dividend Income | 17,603 | 3,775,295 | 3,590,291 | 1,443,621 | 21,751,702 | |||||||||||||||
Net Income from Securities Lending | — | 129,366 | 102,869 | 1,122 | 16,536 | |||||||||||||||
Less: Foreign Taxes Withheld | — | (518,261 | ) | (419,833 | ) | (2,953 | ) | — | ||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investment Income | 17,603 | 3,386,443 | 3,273,327 | 1,441,790 | 21,768,238 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 96,494 | 462,062 | 241,835 | 926,246 | 6,119,867 | |||||||||||||||
Administration Fees | 1,033 | 4,672 | 4,890 | 12,041 | 84,596 | |||||||||||||||
Fund Accounting Fees | 1,398 | 27,151 | 24,814 | 11,560 | 80,269 | |||||||||||||||
Transfer Agency Fees | 10,465 | 8,213 | 6,965 | 100,960 | 80,879 | |||||||||||||||
Compliance & Fund Services Fees | 359 | 4,859 | 4,178 | 7,431 | 60,282 | |||||||||||||||
Distribution and Service Fees — A Shares | 6,565 | 6,819 | 4,047 | 88,877 | 485,709 | |||||||||||||||
Distribution and Service Fees — C Shares | — | — | — | 159,370 | 84,909 | |||||||||||||||
Shareholder Servicing Fees — I Shares | 28,245 | 12,170 | 88,460 | 119,846 | 2,467,211 | |||||||||||||||
Shareholder Servicing Fees — A Shares | 204 | 117 | 660 | 5,895 | 535,649 | |||||||||||||||
Custodian Fees | 5,876 | 63,393 | 181,994 | 14,796 | 20,080 | |||||||||||||||
Printing Fees | 1,064 | 2,321 | 2,867 | 9,244 | 60,693 | |||||||||||||||
Registration Fees | 16,525 | 14,710 | 16,596 | 20,803 | 25,142 | |||||||||||||||
Trustee Fees | 371 | 3,014 | 2,769 | 4,594 | 35,417 | |||||||||||||||
Other Fees | 3,932 | 21,495 | 43,055 | 21,204 | 64,272 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Expenses | 172,531 | 630,996 | 623,130 | 1,502,867 | 10,204,975 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (22,431 | ) | (22,398 | ) | (218,338 | ) | (50,102 | ) | (1,155,056 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Less: Custodian Credits | — | — | — | (20 | ) | — | ||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Expenses | 150,100 | 608,598 | 404,792 | 1,452,745 | 9,049,919 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Investment Income (Loss) | (132,497 | ) | 2,777,845 | 2,868,535 | (10,955 | ) | 12,718,319 | |||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currencies: | ||||||||||||||||||||
Net Realized Gain from: | ||||||||||||||||||||
Investment and Foreign Currency Transactions | 2,614,914 | 52,724,931 | 88,073,441 | 6,912,550 | 111,497,158 | |||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on: | ||||||||||||||||||||
Investments and Foreign Currencies | 4,335,135 | (34,078,341 | ) | (69,960,292 | ) | 24,464,618 | 59,957,306 | |||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain on Investments and Foreign Currencies | 6,950,049 | 18,646,590 | 18,113,149 | 31,377,168 | 171,454,464 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Change in Net Assets from Operations | $ | 6,817,552 | $ | 21,424,435 | $ | 20,981,684 | $ | 31,366,213 | $ | 184,172,783 | ||||||||||
|
|
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
38
Table of Contents
STATEMENTS OF OPERATIONS
RIDGEWORTH FUNDS For the Period Ended September 30, 2013
(Unaudited)
Mid-Cap Value Equity Fund | Select Large Cap Growth Stock Fund | Small Cap Growth Stock Fund | Small Cap Value Equity Fund | |||||||||||||
Investment Income: | ||||||||||||||||
Dividend Income | $ | 32,800,022 | $ | 166,798 | $ | 214,478 | $ | 19,381,211 | ||||||||
Net Income from Securities Lending | 371,267 | 370 | 109,636 | — | ||||||||||||
Less: Foreign Taxes Withheld | — | (978 | ) | — | (106,251 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investment Income | 33,171,289 | 166,190 | 324,114 | 19,274,960 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Expenses: | ||||||||||||||||
Investment Advisory Fees | 10,500,535 | 112,177 | 760,355 | 6,720,659 | ||||||||||||
Administration Fees | 137,761 | 1,458 | 8,140 | 76,143 | ||||||||||||
Fund Accounting Fees | 116,538 | 1,638 | 8,585 | 71,263 | ||||||||||||
Transfer Agency Fees | 391,748 | 15,315 | 22,519 | 122,612 | ||||||||||||
Compliance & Fund Services Fees | 94,983 | 1,134 | 5,302 | 54,497 | ||||||||||||
Distribution and Service Fees — A Shares | 793,270 | 1,335 | 15,660 | 279,944 | ||||||||||||
Distribution and Service Fees — C Shares | 312,750 | 68,743 | 34,584 | 179,157 | ||||||||||||
Shareholder Servicing Fees — I Shares | 3,851,358 | 6,076 | 288,609 | 2,407,823 | ||||||||||||
Shareholder Servicing Fees — A Shares | 872,957 | 22 | 2,436 | 301,917 | ||||||||||||
Custodian Fees | 29,471 | 5,966 | 10,260 | 21,276 | ||||||||||||
Printing Fees | 123,161 | 1,832 | 5,509 | 88,572 | ||||||||||||
Registration Fees | 41,102 | 21,025 | 20,824 | 40,521 | ||||||||||||
Trustee Fees | 55,138 | 670 | 3,296 | 31,817 | ||||||||||||
Other Fees | 92,649 | 4,419 | 9,050 | 57,654 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Expenses | 17,413,421 | 241,810 | 1,195,129 | 10,453,855 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (118,527 | ) | (1,513 | ) | (18,815 | ) | — | |||||||||
|
|
|
|
|
|
|
| |||||||||
Less: Custodian Credits | (171 | ) | — | — | (23 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Expenses | 17,294,723 | 240,297 | 1,176,314 | 10,453,832 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Investment Income (Loss) | 15,876,566 | (74,107 | ) | (852,200 | ) | 8,821,128 | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currencies: | ||||||||||||||||
Net Realized Gain from: | ||||||||||||||||
Investment and Foreign Currency Transactions | 203,374,048 | 2,339,899 | 20,754,847 | 18,931,758 | ||||||||||||
Net Change in Unrealized Appreciation on: | ||||||||||||||||
Investments and Foreign Currencies | 41,804,729 | 1,146,382 | 12,269,374 | 136,611,035 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Realized and Unrealized Gain on Investments and Foreign Currencies | 245,178,777 | 3,486,281 | 33,024,221 | 155,542,793 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets from Operations | $ | 261,055,343 | $ | 3,412,174 | $ | 32,172,021 | $ | 164,363,921 | ||||||||
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
39
Table of Contents
STATEMENTS OF OPERATIONS
RIDGEWORTH FUNDS For the Period Ended September 30, 2013
(Unaudited)
Aggressive Growth Allocation Strategy | Conservative Allocation Strategy | Growth Allocation Strategy | Moderate Allocation Strategy | |||||||||||||
Investment Income: | ||||||||||||||||
Dividend Income | $31,414 | $52,784 | $86,177 | $175,740 | ||||||||||||
Dividend Income from Affiliated Investment Companies | 44,240 | 428,049 | 202,484 | 872,059 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investment Income | 75,654 | 480,833 | 288,661 | 1,047,799 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Expenses: | ||||||||||||||||
Investment Advisory Fees | 11,509 | 29,879 | 32,951 | 83,595 | ||||||||||||
Administration Fees | 1,047 | 2,719 | 2,999 | 7,607 | ||||||||||||
Fund Accounting Fees | 10,028 | 10,027 | 10,027 | 10,028 | ||||||||||||
Transfer Agency Fees | 8,444 | 19,874 | 9,711 | 23,848 | ||||||||||||
Compliance & Fund Services Fees | 777 | 2,015 | 2,218 | 5,752 | ||||||||||||
Distribution and Service Fees — A Shares | 6,418 | 24,873 | 13,698 | 28,895 | ||||||||||||
Distribution and Service Fees — C Shares | 3,269 | 77,700 | 13,184 | 71,340 | ||||||||||||
Shareholder Servicing Fees — I Shares | 33,183 | 8,679 | 104,612 | 223,184 | ||||||||||||
Shareholder Servicing Fees — A Shares | 1,605 | 4,482 | 4,534 | 11,819 | ||||||||||||
Custodian Fees | 5,033 | 5,323 | 5,313 | 5,982 | ||||||||||||
Printing Fees | 1,592 | 3,523 | 3,264 | 8,149 | ||||||||||||
Registration Fees | 18,687 | 21,478 | 20,226 | 22,606 | ||||||||||||
Trustee Fees | 455 | 1,187 | 1,304 | 3,386 | ||||||||||||
Other Fees | 3,935 | 5,063 | 5,328 | 8,710 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Expenses | 105,982 | 216,822 | 229,369 | 514,901 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (41,544 | ) | (24,613 | ) | (45,929 | ) | (32,634 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Less: Custodian Credits | — | — | — | — | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Expenses | 64,438 | 192,209 | 183,440 | 482,267 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Investment Income | 11,216 | 288,624 | 105,221 | 565,532 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Realized and Unrealized Gain (Loss) on Investments: | ||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||
Investment | 303,458 | (242,607 | ) | 475,661 | 502,377 | |||||||||||
Capital Gain Received from Investments in Affiliated Investment Companies | 9,871 | 16,192 | 16,466 | 77,691 | ||||||||||||
Net Change in Unrealized Appreciation on: | ||||||||||||||||
Investments | 1,387,870 | 897,886 | 3,547,598 | 5,249,150 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net Realized and Unrealized Gain on Investments | 1,701,199 | 671,471 | 4,039,725 | 5,829,218 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets from Operations | $1,712,415 | $960,095 | $4,144,946 | $6,394,750 | ||||||||||||
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
40
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the Periods Indicated
Aggressive Growth Stock Fund | International Equity Fund | International Equity Index Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income (Loss) | $ | (132,497 | ) | $ | (656,980 | ) | $ | 2,777,845 | $ | 5,258,174 | $ | 2,868,535 | $ | 8,316,117 | ||||||||||
Net Realized Gain | 2,614,914 | 26,221,386 | 52,724,931 | 4,518,774 | 88,073,441 | 32,128,718 | ||||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | 4,335,135 | (29,063,146 | ) | (34,078,341 | ) | 16,755,641 | (69,960,292 | ) | (15,314,641 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets from Operations | 6,817,552 | (3,498,740 | ) | 21,424,435 | 26,532,589 | 20,981,684 | 25,130,194 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | — | — | (1,094,842 | ) | (4,944,920 | ) | (1,467,421 | ) | (10,474,532 | ) | ||||||||||||||
A Shares | — | — | (14,473 | ) | (80,358 | ) | (15,559 | ) | (78,605 | ) | ||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | (1,864,677 | ) | — | — | (80,054,989 | ) | (6,082,841 | ) | |||||||||||||||
A Shares | — | (144,714 | ) | — | — | (945,057 | ) | (49,337 | ) | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total Dividends and Distributions | — | (2,009,391 | ) | (1,109,315 | ) | (5,025,278 | ) | (82,483,026 | ) | (16,685,315 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets from Capital Transactions | 7,098,835 | (67,006,289 | ) | (267,210,561 | ) | (11,450,962 | ) | (107,301,074 | ) | (125,277,294 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets | 13,916,387 | (72,514,420 | ) | (246,895,441 | ) | 10,056,349 | (168,802,416 | ) | (116,832,415 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 19,419,791 | 91,934,211 | 277,117,354 | 267,061,005 | 225,459,953 | 342,292,368 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
End of Period | $ | 33,336,178 | $ | 19,419,791 | $ | 30,221,913 | $ | 277,117,354 | $ | 56,657,537 | $ | 225,459,953 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (227,640 | ) | $ | (95,143 | ) | $ | 2,827,111 | $ | 1,158,581 | $ | (145,032 | ) | $ | (1,530,587 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
41
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated
Large Cap Growth Stock Fund | Large Cap Value Equity Fund | Mid-Cap Value Equity Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income (Loss) | $ | (10,955 | ) | $ | 351,522 | $ | 12,718,319 | $ | 31,103,786 | $ | 15,876,566 | $ | 30,195,304 | |||||||||||
Net Realized Gain | 6,912,550 | 86,033,018 | 111,497,158 | 154,363,603 | 203,374,048 | 217,650,368 | ||||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | 24,464,618 | (79,684,004 | ) | 59,957,306 | 51,750,179 | 41,804,729 | 166,437,032 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets from Operations | 31,366,213 | 6,700,536 | 184,172,783 | 237,217,568 | 261,055,343 | 414,282,704 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | — | (172,924 | ) | — | (22,686,220 | ) | — | (20,301,518 | ) | |||||||||||||||
A Shares | — | — | — | (3,331,162 | ) | — | (4,157,336 | ) | ||||||||||||||||
C Shares | — | — | — | (136,410 | ) | — | (267,995 | ) | ||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | (83,174,333 | ) | — | — | — | (4,946,664 | ) | ||||||||||||||||
A Shares | — | (19,396,131 | ) | — | — | — | (1,207,086 | ) | ||||||||||||||||
C Shares | — | (8,448,313 | ) | — | — | — | (128,159 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total Dividends and Distributions | — | (111,191,701 | ) | — | (26,153,792 | ) | — | (31,008,758 | ) | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets from Capital Transactions | (11,509,599 | ) | 36,206,330 | (1,441,703 | ) | (700,801,676 | ) | 326,121,724 | 174,020,747 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets | 19,856,614 | (68,284,835 | ) | 182,731,080 | (489,737,900 | ) | 587,177,067 | 557,294,693 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 256,022,138 | 324,306,973 | 1,746,505,454 | 2,236,243,354 | 2,712,484,291 | 2,155,189,598 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
End of Period | $ | 275,878,752 | $ | 256,022,138 | $ | 1,929,236,534 | $ | 1,746,505,454 | $ | 3,299,661,358 | $ | 2,712,484,291 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (3,381 | ) | $ | 7,574 | $ | 18,643,502 | $ | 5,925,183 | $ | 21,443,325 | $ | 5,566,759 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
42
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated
Select Large Cap Growth Stock Fund | Small Cap Growth Stock Fund | Small Cap Value Equity Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income (Loss) | $ | (74,107 | ) | $ | (121,949 | ) | $ | (852,200 | ) | $ | (1,284,968 | ) | $ | 8,821,128 | $ | 19,977,131 | ||||||||
Net Realized Gain | 2,339,899 | 6,410,373 | 20,754,847 | 51,688,731 | 18,931,758 | 28,098,118 | ||||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | 1,146,382 | (6,845,136 | ) | 12,269,374 | (23,401,388 | ) | 136,611,035 | 198,175,851 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets from Operations | 3,412,174 | (556,712 | ) | 32,172,021 | 27,002,375 | 164,363,921 | 246,251,100 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | — | — | — | — | — | (19,941,813 | ) | |||||||||||||||||
A Shares | — | — | — | — | — | (2,324,205 | ) | |||||||||||||||||
C Shares | — | — | — | — | — | (373,428 | ) | |||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | (5,021,063 | ) | — | (47,793,289 | ) | — | (35,626,220 | ) | |||||||||||||||
A Shares | — | (160,162 | ) | — | (2,175,730 | ) | — | (4,786,603 | ) | |||||||||||||||
C Shares | — | (3,312,715 | ) | — | (1,768,606 | ) | — | (1,033,131 | ) | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total Dividends and Distributions | — | (8,493,940 | ) | — | (51,737,625 | ) | — | (64,085,400 | ) | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets from Capital Transactions | (8,359,985 | ) | (8,043,600 | ) | (7,270,831 | ) | (91,461,953 | ) | (40,214,180 | ) | 67,455,286 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Change in Net Assets | (4,947,811 | ) | (17,094,252 | ) | 24,901,190 | (116,197,203 | ) | 124,149,741 | 249,620,986 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 34,253,188 | 51,347,440 | 169,657,030 | 285,854,233 | 1,625,920,713 | 1,376,299,727 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
End of Period | $ | 29,305,377 | $ | 34,253,188 | $ | 194,558,220 | $ | 169,657,030 | $ | 1,750,070,454 | $ | 1,625,920,713 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (111,123 | ) | $ | (37,016 | ) | $ | (852,200 | ) | $ | — | $ | 8,821,128 | $ | — | |||||||||
|
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|
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|
|
|
|
|
|
See Notes to Financial Statements.
43
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated
Aggressive Growth Allocation Strategy | Conservative Allocation Strategy | |||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||
(Unaudited) | (Unaudited) | |||||||||||||||
Operations: | ||||||||||||||||
Net Investment Income | $ | 11,216 | $ | 159,279 | $ | 288,624 | $ | 803,568 | ||||||||
Net Realized Gain (Loss) | 313,329 | 2,932,420 | (226,415 | ) | 2,726,411 | |||||||||||
Net Change in Unrealized Appreciation (Depreciation)(a) | 1,387,870 | (1,765,997 | ) | 897,886 | (574,940 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets from Operations | 1,712,415 | 1,325,702 | 960,095 | 2,955,039 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||
Net Investment Income: | ||||||||||||||||
I Shares | — | (189,120 | ) | — | (561,768 | ) | ||||||||||
A Shares | — | (36,669 | ) | — | (382,735 | ) | ||||||||||
C Shares | — | (3,554 | ) | — | (222,281 | ) | ||||||||||
Net Realized Gains: | ||||||||||||||||
I Shares | — | — | — | (262,970 | ) | |||||||||||
A Shares | — | �� | — | — | (196,244 | ) | ||||||||||
C Shares | — | — | — | (152,923 | ) | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Dividends and Distributions | — | (229,343 | ) | — | (1,778,921 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets from Capital Transactions | (3,532,889 | ) | (2,490,846 | ) | (1,870,243 | ) | 207,365 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets | (1,820,474 | ) | (1,394,487 | ) | (910,148 | ) | 1,383,483 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets: | ||||||||||||||||
Beginning of Period | 23,391,085 | 24,785,572 | 59,737,451 | 58,353,968 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
End of Period | $ | 21,570,611 | $ | 23,391,085 | $ | 58,827,303 | $ | 59,737,451 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Accumulated Net Investment Income, End of Period | $ | 16,558 | $ | 5,342 | $ | 453,755 | $ | 165,131 | ||||||||
|
|
|
|
|
|
|
|
(a) | Net realized gain (loss) from investment transactions and net change in unrealized appreciation/depreciation on investments for the Allocation Strategy Funds are primarily attributable to the underlying investments in affiliated investment companies. |
See Notes to Financial Statements.
44
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS (concluded)
RIDGEWORTH FUNDS For the Periods Indicated
Growth Allocation Strategy | Moderate Allocation Strategy | |||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||
(Unaudited) | (Unaudited) | |||||||||||||||
Operations: | ||||||||||||||||
Net Investment Income | $ | 105,221 | $ | 666,047 | $ | 565,532 | $ | 2,226,756 | ||||||||
Net Realized Gain | 492,127 | 6,750,621 | 580,068 | 13,099,212 | ||||||||||||
Net Change in Unrealized Appreciation (Depreciation)(a) | 3,547,598 | (2,763,305 | ) | 5,249,150 | (4,143,403 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets from Operations | 4,144,946 | 4,653,363 | 6,394,750 | 11,182,565 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||
Net Investment Income: | ||||||||||||||||
I Shares | — | (737,505 | ) | — | (2,342,232 | ) | ||||||||||
A Shares | — | (120,331 | ) | — | (305,300 | ) | ||||||||||
C Shares | — | (19,640 | ) | — | (151,501 | ) | ||||||||||
Net Realized Gains: | ||||||||||||||||
I Shares | — | — | — | (2,159,304 | ) | |||||||||||
A Shares | — | — | — | (307,003 | ) | |||||||||||
C Shares | — | — | — | (220,428 | ) | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Dividends and Distributions | — | (877,476 | ) | — | (5,485,768 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets from Capital Transactions | (6,157,215 | ) | (7,939,350 | ) | (17,842,778 | ) | (831,115 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Net Assets | (2,012,269 | ) | (4,163,463 | ) | (11,448,028 | ) | 4,865,682 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Net Assets: | ||||||||||||||||
Beginning of Period | 66,799,412 | 70,962,875 | 173,640,662 | 168,774,980 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
End of Period | $ | 64,787,143 | $ | 66,799,412 | $ | 162,192,634 | $ | 173,640,662 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Accumulated Net Investment Income, End of Period | $ | 190,379 | $ | 85,158 | $ | 1,000,755 | $ | 435,223 | ||||||||
|
|
|
|
|
|
|
|
(a) | Net realized gain (loss) from investment transactions and net change in unrealized appreciation/depreciation on investments for the Allocation Strategy Funds are primarily attributable to the underlying investments in affiliated investment companies. |
See Notes to Financial Statements.
45
Table of Contents
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Aggressive Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $ | 15.60 | $ | (0.10 | )(d) | $ | 5.59 | $ | 5.49 | $ | — | $— | $ | — | $ | — | $ | 21.09 | $ | 26,591 | 35.19 | % | 1.29 | % | 1.52 | % | (1.14 | )% | 24 | % | ||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 15.94 | (0.14 | )(d) | 0.42 | 0.28 | — | — | (0.62 | ) | (0.62 | ) | 15.60 | 15,840 | 1.84 | 1.20 | 1.21 | (0.98 | ) | 24 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 16.45 | (0.15 | )(d) | (0.36 | ) | (0.51 | ) | — | — | — | — | 15.94 | 88,132 | (3.16 | ) | 1.22 | 1.22 | (0.98 | ) | 30 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.86 | (0.12 | )(d) | 3.71 | 3.59 | — | — | — | — | 16.45 | 134,643 | 27.99 | 1.19 | 1.19 | (0.89 | ) | 53 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.73 | (0.08 | )(d) | 5.21 | 5.13 | — | — | — | — | 12.86 | 108,754 | 66.36 | 1.21 | 1.21 | (0.77 | ) | 27 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.03 | (0.09 | ) | (3.99 | ) | (4.08 | ) | — | — | (0.22 | ) | (0.22 | ) | 7.73 | 152,030 | (33.89 | ) | 1.16 | 1.16 | (0.72 | ) | 27 | ||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 15.16 | (0.12 | )(d) | 5.42 | 5.30 | — | — | — | — | 20.46 | 6,745 | 34.96 | 1.46 | 1.52 | (1.30 | ) | 24 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 15.54 | (0.18 | )(d) | 0.42 | 0.24 | — | — | (0.62 | ) | (0.62 | ) | 15.16 | 3,580 | 1.63 | 1.49 | 1.53 | (1.24 | ) | 24 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 16.10 | (0.18 | )(d) | (0.38 | ) | (0.56 | ) | — | — | — | — | 15.54 | 3,803 | (3.48 | ) | 1.53 | 1.53 | (1.28 | ) | 30 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.62 | (0.16 | )(d) | 3.64 | 3.48 | — | — | — | — | 16.10 | 3,519 | 27.58 | 1.49 | 1.49 | (1.19 | ) | 53 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.61 | (0.13 | )(d) | 5.14 | 5.01 | — | — | — | — | 12.62 | 2,502 | 65.83 | 1.52 | 1.52 | (1.12 | ) | 27 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.88 | (0.12 | ) | (3.93 | ) | (4.05 | ) | — | — | (0.22 | ) | (0.22 | ) | 7.61 | 416 | (34.06 | ) | 1.46 | 1.46 | (1.01 | ) | 27 | ||||||||||||||||||||||||||||||||||||||
International Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.64 | 0.34 | (d) | 0.85 | 1.19 | (0.05 | ) | — | — | (0.05 | ) | 12.78 | 25,585 | 10.22 | 1.17 | 1.21 | 5.53 | 22 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.74 | 0.22 | (d) | 0.89 | 1.11 | (0.21 | ) | — | — | (0.21 | ) | 11.64 | 272,552 | 10.38 | 1.12 | 1.12 | 2.02 | 52 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.62 | 0.25 | (d) | (0.90 | ) | (0.65 | ) | (0.23 | ) | — | — | (0.23 | ) | 10.74 | 261,561 | (5.24 | ) | 1.29 | 1.29 | 2.33 | 78 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.71 | 0.16 | (d) | 1.02 | 1.18 | (0.27 | ) | — | — | (0.27 | ) | 11.62 | 252,253 | 11.29 | 1.27 | 1.27 | 1.49 | 80 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.38 | 0.11 | (d) | 4.28 | 4.39 | (0.06 | ) | — | — | (0.06 | ) | 10.71 | 273,819 | 68.80 | 1.25 | 1.30 | 1.17 | 95 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 13.77 | 0.35 | (7.28 | ) | (6.93 | ) | (0.25 | ) | — | (0.21 | ) | (0.46 | ) | 6.38 | 185,862 | (50.68 | ) | 1.24 | 1.25 | 2.93 | 193 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.51 | 0.17 | (d) | 1.03 | 1.20 | (0.04 | ) | — | — | (0.04 | ) | 12.67 | 4,637 | 10.42 | 1.49 | 1.64 | 2.77 | 22 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.63 | 0.18 | (d) | 0.87 | 1.05 | (0.17 | ) | — | — | (0.17 | ) | 11.51 | 4,565 | 9.95 | 1.45 | 1.45 | 1.73 | 52 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.49 | 0.21 | (d) | (0.87 | ) | (0.66 | ) | (0.20 | ) | — | — | (0.20 | ) | 10.63 | 5,500 | (5.48 | ) | 1.59 | 1.59 | 2.02 | 78 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.59 | 0.13 | (d) | 1.01 | 1.14 | (0.24 | ) | — | — | (0.24 | ) | 11.49 | 7,227 | 10.98 | 1.57 | 1.57 | 1.24 | 80 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.32 | 0.09 | (d) | 4.22 | 4.31 | (0.04 | ) | — | — | (0.04 | ) | 10.59 | 8,104 | 68.22 | 1.55 | 1.59 | 0.68 | 95 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 13.61 | 0.33 | (7.21 | ) | (6.88 | ) | (0.20 | ) | — | (0.21 | ) | (0.41 | ) | 6.32 | 3,580 | (50.84 | ) | 1.54 | 1.54 | 2.71 | 193 |
See Notes to Financial Highlights and Notes to Financial Statements.
46
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
International Equity Index Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $ | 12.04 | $ | 0.28 | (d) | $ | 1.11 | $ | 1.39 | $ | (0.08 | ) | $— | $ | (4.34 | ) | $ | (4.42 | ) | $ | 9.01 | $ | 53,760 | 13.42 | % | 0.75 | % | 1.15 | % | 5.39 | % | 16 | % | |||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.68 | 0.32 | (d) | 0.67 | 0.99 | (0.40 | ) | — | (0.23 | ) | (0.63 | ) | 12.04 | 222,839 | 8.62 | 0.73 | 0.76 | 2.79 | 24 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 13.52 | 0.38 | (d) | (1.77 | ) | (1.39 | ) | (0.45 | ) | — | — | (0.45 | ) | 11.68 | 339,763 | (9.78 | ) | 0.72 | 0.72 | 3.15 | 31 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.72 | 0.33 | (d) | 0.86 | 1.19 | (0.39 | ) | — | — | (0.39 | ) | 13.52 | 478,223 | 9.55 | 0.66 | 0.66 | 2.65 | 43 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.75 | 0.34 | 4.03 | 4.37 | (0.40 | ) | — | — | (0.40 | ) | 12.72 | 839,582 | 49.93 | 0.64 | 0.64 | 2.46 | 36 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 17.82 | 0.60 | (9.05 | ) | (8.45 | ) | (0.62 | ) | — | — | (0.62 | ) | 8.75 | 726,931 | (47.89 | ) | 0.61 | 0.61 | 3.63 | 47 | ||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.94 | 0.15 | (d) | 1.21 | 1.36 | (0.07 | ) | — | (4.34 | ) | (4.41 | ) | 8.89 | 2,898 | 13.23 | 1.02 | 1.60 | 3.26 | 16 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.59 | 0.27 | (d) | 0.68 | 0.95 | (0.37 | ) | — | (0.23 | ) | (0.60 | ) | 11.94 | 2,621 | 8.33 | 0.99 | 1.04 | 2.42 | 24 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 13.40 | 0.38 | (d) | (1.79 | ) | (1.41 | ) | (0.40 | ) | — | — | (0.40 | ) | 11.59 | 2,529 | (10.05 | ) | 1.02 | 1.02 | 3.11 | 31 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.61 | 0.28 | (d) | 0.86 | 1.14 | (0.35 | ) | — | — | (0.35 | ) | 13.40 | 4,459 | 9.23 | 0.92 | 0.92 | 2.25 | 43 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.69 | 0.25 | 4.05 | 4.30 | (0.38 | ) | — | — | (0.38 | ) | 12.61 | 5,998 | 49.46 | 0.94 | 0.94 | 1.72 | 36 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 17.67 | 0.52 | (8.93 | ) | (8.41 | ) | (0.57 | ) | — | — | (0.57 | ) | 8.69 | 2,533 | (48.04 | ) | 0.91 | 0.91 | 3.48 | 47 | ||||||||||||||||||||||||||||||||||||||||
Large Cap Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 8.31 | 0.01 | (d) | 1.03 | 1.04 | — | — | — | — | 9.35 | 181,064 | 12.52 | 0.93 | 0.99 | 0.16 | 13 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 12.95 | 0.03 | (d) | 0.24 | 0.27 | (0.01 | ) | — | (4.90 | ) | (4.91 | ) | 8.31 | 167,887 | 3.64 | 0.94 | 0.94 | 0.23 | 40 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.55 | (0.02 | )(d) | 1.42 | 1.40 | — | — | — | — | 12.95 | 261,090 | 12.12 | 1.07 | 1.07 | (0.17 | ) | 19 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.59 | 0.01 | (d) | 1.95 | 1.96 | — | (e) | — | — | — | 11.55 | 406,017 | 20.48 | 1.04 | 1.06 | 0.06 | 30 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.57 | 0.01 | 3.02 | 3.03 | (0.01 | ) | — | — | (0.01 | ) | 9.59 | 443,918 | 46.20 | 0.99 | 1.04 | 0.19 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.95 | 0.04 | (3.33 | ) | (3.29 | ) | (0.04 | ) | — | (0.05 | ) | (0.09 | ) | 6.57 | 439,356 | (33.16 | ) | 0.99 | 1.03 | 0.54 | 85 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 7.27 | — | (d)(e) | 0.90 | 0.90 | — | — | — | — | 8.17 | 61,705 | 12.38 | 1.17 | 1.17 | (0.08 | ) | 13 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.96 | — | (d)(e) | 0.21 | 0.21 | — | — | (4.90 | ) | (4.90 | ) | 7.27 | 56,511 | 3.43 | 1.20 | 1.20 | (0.01 | ) | 40 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.70 | (0.05 | )(d) | 1.31 | 1.26 | — | — | — | — | 11.96 | 45,854 | 11.78 | 1.37 | 1.37 | (0.45 | ) | 19 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.91 | (0.02 | )(d) | 1.81 | 1.79 | — | — | — | — | 10.70 | 46,358 | 20.09 | 1.34 | 1.36 | (0.24 | ) | 30 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.11 | (0.01 | ) | 2.81 | 2.80 | — | — | — | — | 8.91 | 44,994 | 45.90 | 1.29 | 1.34 | (0.11 | ) | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.27 | 0.02 | (3.11 | ) | (3.09 | ) | (0.02 | ) | — | (0.05 | ) | (0.07 | ) | 6.11 | 35,431 | (33.40 | ) | 1.30 | 1.33 | 0.19 | 85 | |||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 5.71 | (0.02 | )(d) | 0.71 | 0.69 | — | — | — | — | 6.40 | 33,110 | 12.08 | 1.85 | 1.85 | (0.77 | ) | 13 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.52 | (0.06 | )(d) | 0.15 | 0.09 | — | — | (4.90 | ) | (4.90 | ) | 5.71 | 31,625 | 2.69 | 1.89 | 1.89 | (0.70 | ) | 40 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.48 | (0.11 | )(d) | 1.15 | 1.04 | — | — | — | — | 10.52 | 17,363 | 10.97 | 2.07 | 2.07 | (1.15 | ) | 19 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.94 | (0.08 | )(d) | 1.62 | 1.54 | — | — | — | — | 9.48 | 17,680 | 19.40 | 2.04 | 2.06 | (0.94 | ) | 30 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.49 | (0.06 | ) | 2.51 | 2.45 | — | — | — | — | 7.94 | 17,516 | 44.63 | 1.99 | 2.04 | (0.81 | ) | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.37 | (0.04 | ) | (2.78 | ) | (2.82 | ) | (0.01 | ) | — | (0.05 | ) | (0.06 | ) | 5.49 | 14,046 | (33.77 | ) | 2.00 | 2.03 | (0.52 | ) | 85 |
See Notes to Financial Highlights and Notes to Financial Statements.
47
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Large Cap Value Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $ | 15.76 | $ | 0.12 | (d) | $ | 1.53 | $ | 1.65 | $ | — | $— | $ | — | $ | — | $ | 17.41 | $ | 1,565,085 | 10.47 | % | 0.92 | % | 1.04 | % | 1.42 | % | 40 | % | ||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 13.77 | 0.24 | (d) | 1.97 | 2.21 | (0.22 | ) | — | — | (0.22 | ) | 15.76 | 1,442,154 | 16.24 | 0.89 | 0.89 | 1.74 | 78 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 13.47 | 0.22 | (d) | 0.28 | 0.50 | (0.20 | ) | — | — | (0.20 | ) | 13.77 | 1,985,434 | 3.92 | 0.82 | 0.82 | 1.74 | 110 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.71 | 0.18 | (d) | 1.75 | 1.93 | (0.17 | ) | — | — | (0.17 | ) | 13.47 | 1,348,969 | 16.69 | 0.83 | 0.83 | 1.48 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.99 | 0.17 | 3.72 | 3.89 | (0.17 | ) | — | — | (0.17 | ) | 11.71 | 1,288,962 | 49.03 | 0.81 | 0.82 | 1.67 | 105 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.35 | 0.25 | (4.36 | ) | (4.11 | ) | (0.25 | ) | — | — | (0.25 | ) | 7.99 | 998,608 | (33.65 | ) | 0.82 | 0.82 | 2.50 | 114 | ||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 15.67 | 0.10 | (d) | 1.53 | 1.63 | — | — | — | — | 17.30 | 346,511 | 10.40 | 1.19 | 1.34 | 1.15 | 40 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 13.70 | 0.21 | (d) | 1.95 | 2.16 | (0.19 | ) | — | — | (0.19 | ) | 15.67 | 287,957 | 15.93 | 1.16 | 1.26 | 1.48 | 78 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 13.41 | 0.19 | (d) | 0.27 | 0.46 | (0.17 | ) | — | — | (0.17 | ) | 13.70 | 233,782 | 3.58 | 1.12 | 1.12 | 1.50 | 110 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.66 | 0.15 | (d) | 1.74 | 1.89 | (0.14 | ) | — | — | (0.14 | ) | 13.41 | 80,048 | 16.37 | 1.13 | 1.13 | 1.20 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.96 | 0.14 | 3.71 | 3.85 | (0.15 | ) | — | — | (0.15 | ) | 11.66 | 33,805 | 48.59 | 1.11 | 1.12 | 1.37 | 105 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.30 | 0.24 | (4.36 | ) | (4.12 | ) | (0.22 | ) | — | — | (0.22 | ) | 7.96 | 24,385 | (33.83 | ) | 1.12 | 1.12 | 2.17 | 114 | ||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 15.42 | 0.05 | (d) | 1.51 | 1.56 | — | — | — | — | 16.98 | 17,641 | 10.12 | 1.71 | 1.71 | 0.63 | 40 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 13.50 | 0.12 | (d) | 1.92 | 2.04 | (0.12 | ) | — | — | (0.12 | ) | 15.42 | 16,394 | 15.25 | 1.75 | 1.75 | 0.89 | 78 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 13.21 | 0.08 | (d) | 0.29 | 0.37 | (0.08 | ) | — | — | (0.08 | ) | 13.50 | 17,027 | 2.86 | 1.82 | 1.82 | 0.68 | 110 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.49 | 0.06 | (d) | 1.72 | 1.78 | (0.06 | ) | — | — | (0.06 | ) | 13.21 | 18,686 | 15.53 | 1.83 | 1.83 | 0.48 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.87 | 0.07 | 3.65 | 3.72 | (0.10 | ) | — | — | (0.10 | ) | 11.49 | 19,823 | 47.43 | 1.81 | 1.82 | 0.67 | 105 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.16 | 0.16 | (4.31 | ) | (4.15 | ) | (0.14 | ) | — | — | (0.14 | ) | 7.87 | 15,410 | (34.28 | ) | 1.82 | 1.82 | 1.46 | 114 | ||||||||||||||||||||||||||||||||||||||||
Mid-Cap Value Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 13.06 | 0.08 | (d) | 1.10 | 1.18 | — | — | — | — | 14.24 | 2,669,426 | 9.04 | 1.08 | 1.08 | 1.11 | 53 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.07 | 0.16 | (d) | 2.00 | 2.16 | (0.14 | ) | — | (0.03 | ) | (0.17 | ) | 13.06 | 2,168,210 | 19.73 | 1.08 | 1.08 | 1.44 | 123 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 12.70 | 0.17 | (d) | (0.66 | ) | (0.49 | ) | (0.17 | ) | — | (0.97 | ) | (1.14 | ) | 11.07 | 1,679,244 | (2.33 | ) | 1.04 | 1.04 | 1.56 | 182 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.17 | 0.10 | (d) | 2.26 | 2.36 | (0.09 | ) | — | (0.74 | ) | (0.83 | ) | 12.70 | 1,710,610 | 21.89 | 1.04 | 1.04 | 0.91 | 170 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.45 | 0.11 | 4.73 | 4.84 | (0.12 | ) | — | — | (0.12 | ) | 11.17 | 803,168 | 75.36 | 1.03 | 1.04 | 1.11 | 195 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.58 | 0.14 | (d) | (3.13 | ) | (2.99 | ) | (0.14 | ) | — | — | (0.14 | ) | 6.45 | 231,035 | (31.46 | ) | 1.07 | 1.07 | 1.76 | 213 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.96 | 0.06 | (d) | 1.08 | 1.14 | — | — | — | — | 14.10 | 558,440 | 8.80 | 1.35 | 1.39 | 0.84 | 53 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.99 | 0.13 | (d) | 1.98 | 2.11 | (0.11 | ) | — | (0.03 | ) | (0.14 | ) | 12.96 | 490,381 | 19.43 | 1.34 | 1.38 | 1.17 | 123 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 12.62 | 0.15 | (d) | (0.67 | ) | (0.52 | ) | (0.14 | ) | — | (0.97 | ) | (1.11 | ) | 10.99 | 433,674 | (2.63 | ) | 1.34 | 1.34 | 1.40 | 182 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.11 | 0.08 | (d) | 2.24 | 2.32 | (0.07 | ) | — | (0.74 | ) | (0.81 | ) | 12.62 | 252,165 | 21.55 | 1.35 | 1.35 | 0.70 | 170 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.42 | 0.09 | 4.70 | 4.79 | (0.10 | ) | — | — | (0.10 | ) | 11.11 | 36,756 | 74.87 | 1.32 | 1.34 | 0.70 | 195 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.53 | 0.12 | (d) | (3.12 | ) | (3.00 | ) | (0.11 | ) | — | — | (0.11 | ) | 6.42 | 2,912 | (31.64 | ) | 1.37 | 1.37 | 1.36 | 213 | |||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.77 | 0.03 | (d) | 1.07 | 1.10 | — | — | — | — | 13.87 | 71,795 | 8.61 | 1.77 | 1.77 | 0.43 | 53 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.85 | 0.07 | (d) | 1.95 | 2.02 | (0.07 | ) | — | (0.03 | ) | (0.10 | ) | 12.77 | 53,893 | 18.75 | 1.86 | 1.86 | 0.65 | 123 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 12.48 | 0.07 | (d) | (0.66 | ) | (0.59 | ) | (0.07 | ) | — | (0.97 | ) | (1.04 | ) | 10.85 | 42,272 | (3.32 | ) | 2.04 | 2.04 | 0.65 | 182 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.02 | — | (d) | 2.21 | 2.21 | (0.01 | ) | — | (0.74 | ) | (0.75 | ) | 12.48 | 24,496 | 20.71 | 2.04 | 2.04 | (0.04 | ) | 170 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.38 | 0.02 | 4.67 | 4.69 | (0.05 | ) | — | — | (0.05 | ) | 11.02 | 5,853 | 73.71 | 2.03 | 2.04 | 0.13 | 195 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.47 | 0.06 | (d) | (3.10 | ) | (3.04 | ) | (0.05 | ) | — | — | (0.05 | ) | 6.38 | 1,949 | (32.09 | ) | 2.07 | 2.07 | 0.72 | 213 |
See Notes to Financial Highlights and Notes to Financial Statements.
48
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Select Large Cap Growth Stock Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $ | 26.91 | $ | (0.01 | )(d) | $ | 3.13 | $ | 3.12 | $ | — | $ | — | $ | — | $ | — | $ | 30.03 | $ | 14,442 | 11.59 | % | 1.08 | % | 1.10 | % | (0.05 | )% | 21 | % | |||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 33.89 | 0.01 | (d) | (0.26 | ) | (0.25 | ) | — | — | (6.73 | ) | (6.73 | ) | 26.91 | 19,813 | 0.37 | 1.06 | 1.06 | 0.04 | 57 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 32.51 | (0.04 | )(d) | 2.24 | 2.20 | — | — | (0.82 | ) | (0.82 | ) | 33.89 | 34,499 | 7.31 | 1.05 | 1.05 | (0.13 | ) | 66 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 27.79 | 0.02 | (d) | 4.70 | 4.72 | — | — | — | — | 32.51 | 80,589 | 16.98 | 0.99 | 0.99 | 0.07 | 72 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 19.74 | 0.04 | 8.03 | 8.07 | (0.02 | ) | — | (e) | — | (0.02 | ) | 27.79 | 114,100 | 40.93 | 0.96 | 0.96 | 0.18 | 65 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 28.32 | 0.09 | (8.60 | ) | (8.51 | ) | (0.06 | ) | (0.01 | ) | — | (0.07 | ) | 19.74 | 95,540 | (30.06 | ) | 0.95 | 0.96 | 0.45 | 65 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 26.22 | (0.04 | )(d) | 3.04 | 3.00 | — | — | — | — | 29.22 | 980 | 11.44 | 1.34 | 1.34 | (0.30 | ) | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 33.28 | (0.06 | )(d) | (0.27 | ) | (0.33 | ) | — | — | (6.73 | ) | (6.73 | ) | 26.22 | 765 | 0.13 | 1.33 | 1.33 | (0.21 | ) | 57 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 32.04 | (0.13 | )(d) | 2.19 | 2.06 | — | — | (0.82 | ) | (0.82 | ) | 33.28 | 796 | 6.98 | 1.36 | 1.36 | (0.43 | ) | 66 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 27.47 | (0.06 | )(d) | 4.63 | 4.57 | — | — | — | — | 32.04 | 698 | 16.64 | 1.29 | 1.29 | (0.21 | ) | 72 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 19.54 | (0.03 | ) | 7.97 | 7.94 | (0.01 | ) | — | (e) | — | (0.01 | ) | 27.47 | 244 | 40.65 | 1.25 | 1.26 | (0.10 | ) | 65 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 28.06 | 0.02 | (8.52 | ) | (8.50 | ) | (0.01 | ) | (0.01 | ) | — | (0.02 | ) | 19.54 | 175 | (30.28 | ) | 1.25 | 1.25 | 0.04 | 65 | |||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 22.64 | (0.12 | )(d) | 2.62 | 2.50 | — | — | — | — | 25.14 | 13,883 | 11.04 | 2.04 | 2.04 | (0.99 | ) | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 29.90 | (0.24 | )(d) | (0.29 | ) | (0.53 | ) | — | — | (6.73 | ) | (6.73 | ) | 22.64 | 13,675 | (0.58 | ) | 2.02 | 2.02 | (0.91 | ) | 57 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 29.08 | (0.31 | )(d) | 1.95 | 1.64 | — | — | (0.82 | ) | (0.82 | ) | 29.90 | 16,053 | 6.24 | 2.06 | 2.06 | (1.13 | ) | 66 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 25.10 | (0.23 | )(d) | 4.21 | 3.98 | — | — | — | — | 29.08 | 18,332 | 15.86 | 1.99 | 1.99 | (0.92 | ) | 72 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 17.99 | (0.19 | ) | 7.30 | 7.11 | — | — | (e) | — | — | 25.10 | 19,040 | 39.52 | 1.96 | 1.96 | (0.81 | ) | 65 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 25.98 | (0.14 | ) | (7.85 | ) | (7.99 | ) | — | — | — | — | 17.99 | 15,237 | (30.75 | ) | 1.95 | 1.95 | (0.59 | ) | 65 | ||||||||||||||||||||||||||||||||||||||||
Small Cap Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 15.66 | (0.08 | )(d) | 3.15 | 3.07 | — | — | — | — | 18.73 | 175,944 | 19.60 | 1.29 | 1.31 | (0.93 | ) | 51 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 17.21 | (0.08 | )(d) | 2.19 | 2.11 | — | — | (3.66 | ) | (3.66 | ) | 15.66 | 152,674 | 14.20 | 1.21 | 1.21 | (0.50 | ) | 50 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 17.17 | (0.10 | )(d) | 0.14 | (f) | 0.04 | — | — | — | — | 17.21 | 267,694 | 0.23 | 1.23 | 1.23 | (0.62 | ) | 71 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 13.32 | (0.11 | )(d) | 3.96 | 3.85 | — | — | — | — | 17.17 | 408,399 | 28.90 | 1.23 | 1.23 | (0.81 | ) | 112 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.52 | (0.09 | ) | 4.89 | 4.80 | — | — | — | — | 13.32 | 358,947 | 56.34 | 1.22 | 1.22 | (0.76 | ) | 103 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 13.53 | (0.04 | ) | (4.97 | ) | (5.01 | ) | — | — | — | — | 8.52 | 273,548 | (37.03 | ) | 1.21 | 1.21 | (0.30 | ) | 157 | ||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 14.46 | (0.07 | )(d) | 2.89 | 2.82 | — | — | — | — | 17.28 | 11,190 | 19.50 | 1.30 | 1.30 | (0.94 | ) | 51 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 16.18 | (0.11 | )(d) | 2.05 | 1.94 | — | — | (3.66 | ) | (3.66 | ) | 14.46 | 10,226 | 14.07 | 1.37 | 1.37 | (0.69 | ) | 50 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 16.19 | (0.14 | )(d) | 0.13 | (f) | (0.01 | ) | — | — | �� | — | — | 16.18 | 10,032 | (0.06 | ) | 1.54 | 1.54 | (0.91 | ) | 71 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.59 | (0.15 | )(d) | 3.75 | 3.60 | — | — | — | — | 16.19 | 12,235 | 28.59 | 1.53 | 1.53 | (1.11 | ) | 112 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.08 | (0.12 | ) | 4.63 | 4.51 | — | — | — | — | 12.59 | 11,517 | 55.82 | 1.52 | 1.52 | (1.06 | ) | 103 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.88 | (0.08 | ) | (4.72 | ) | (4.80 | ) | — | — | — | — | 8.08 | 8,294 | (37.27 | ) | 1.51 | 1.51 | (0.60 | ) | 157 | ||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.77 | (0.10 | )(d) | 2.35 | 2.25 | — | — | — | — | 14.02 | 7,424 | 19.12 | 1.95 | 1.95 | (1.59 | ) | 51 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 13.91 | (0.18 | )(d) | 1.70 | 1.52 | — | — | (3.66 | ) | (3.66 | ) | 11.77 | 6,757 | 13.30 | 2.05 | 2.05 | (1.39 | ) | 50 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 14.01 | (0.21 | )(d) | 0.11 | (f) | (0.10 | ) | — | — | — | — | 13.91 | 8,129 | (0.71 | ) | 2.24 | 2.24 | (1.61 | ) | 71 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.98 | (0.21 | )(d) | 3.24 | 3.03 | — | — | — | — | 14.01 | 9,636 | 27.60 | 2.23 | 2.23 | (1.81 | ) | 112 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.10 | (0.17 | ) | 4.05 | 3.88 | — | — | — | — | 10.98 | 8,827 | 54.65 | 2.22 | 2.22 | (1.76 | ) | 103 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.38 | (0.15 | ) | (4.13 | ) | (4.28 | ) | — | — | — | — | 7.10 | 6,567 | (37.61 | ) | 2.21 | 2.21 | (1.30 | ) | 157 |
See Notes to Financial Highlights and Notes to Financial Statements.
49
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Small Cap Value Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $ | 15.45 | $ | 0.09 | (d) | $ | 1.49 | $ | 1.58 | $ | — | $— | $ | — | $ | — | $ | 17.03 | $ | 1,520,227 | 10.23 | % | 1.20 | % | 1.20 | % | 1.10 | % | 7 | % | ||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 13.80 | 0.20 | (d) | 2.08 | 2.28 | (0.23 | ) | — | (0.40 | ) | (0.63 | ) | 15.45 | 1,408,597 | 17.07 | 1.20 | 1.20 | 1.44 | 27 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 14.54 | 0.12 | (d) | (0.07 | )(f) | 0.05 | (0.12 | ) | — | (0.67 | ) | (0.79 | ) | 13.80 | 1,169,093 | 1.15 | 1.20 | 1.20 | 0.92 | 46 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.76 | 0.10 | (d) | 2.79 | 2.89 | (0.11 | ) | — | — | (0.11 | ) | 14.54 | 1,002,005 | 24.68 | 1.21 | 1.21 | 0.82 | 72 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.57 | 0.11 | 4.20 | 4.31 | (0.12 | ) | — | — | (0.12 | ) | 11.76 | 612,490 | 57.15 | 1.21 | 1.21 | 1.29 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.17 | 0.16 | (3.44 | ) | (3.28 | ) | (0.16 | ) | — | (0.16 | ) | (0.32 | ) | 7.57 | 316,142 | (29.61 | ) | 1.21 | 1.22 | 1.61 | 71 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 15.19 | 0.06 | (d) | 1.46 | 1.52 | — | — | — | — | 16.71 | 192,785 | 10.01 | 1.49 | 1.49 | 0.81 | 7 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 13.58 | 0.15 | (d) | 2.05 | 2.20 | (0.19 | ) | — | (0.40 | ) | (0.59 | ) | 15.19 | 181,308 | 16.77 | 1.50 | 1.50 | 1.14 | 27 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 14.33 | 0.08 | (d) | (0.08 | )(f) | — | (0.08 | ) | — | (0.67 | ) | (0.75 | ) | 13.58 | 169,100 | 0.81 | 1.50 | 1.50 | 0.63 | 46 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.59 | 0.06 | (d) | 2.75 | 2.81 | (0.07 | ) | — | — | (0.07 | ) | 14.33 | 103,365 | 24.38 | 1.52 | 1.52 | 0.48 | 72 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.47 | 0.07 | 4.15 | 4.22 | (0.10 | ) | — | — | (0.10 | ) | 11.59 | 17,826 | 56.66 | 1.50 | 1.50 | 1.00 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.03 | 0.13 | (3.40 | ) | (3.27 | ) | (0.13 | ) | — | (0.16 | ) | (0.29 | ) | 7.47 | 2,243 | (29.83 | ) | 1.49 | 1.50 | 1.34 | 71 | |||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 14.47 | 0.03 | (d) | 1.39 | 1.42 | — | — | — | — | 15.89 | 37,059 | 9.81 | 1.87 | 1.87 | 0.44 | 7 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 12.98 | 0.08 | (d) | 1.95 | 2.03 | (0.14 | ) | — | (0.40 | ) | (0.54 | ) | 14.47 | 36,015 | 16.17 | 1.99 | 1.99 | 0.65 | 27 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 13.76 | (0.01 | )(d) | (0.08 | )(f) | (0.09 | ) | (0.02 | ) | — | (0.67 | ) | (0.69 | ) | 12.98 | 38,107 | 0.12 | 2.20 | 2.20 | (0.08 | ) | 46 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.15 | (0.02 | )(d) | 2.64 | 2.62 | (0.01 | ) | — | — | (0.01 | ) | 13.76 | 32,074 | 23.51 | 2.21 | 2.21 | (0.18 | ) | 72 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.20 | 0.02 | 3.97 | 3.99 | (0.04 | ) | — | — | (0.04 | ) | 11.15 | 17,601 | 55.48 | 2.21 | 2.21 | 0.30 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.65 | 0.09 | (3.28 | ) | (3.19 | ) | (0.10 | ) | — | (0.16 | ) | (0.26 | ) | 7.20 | 11,091 | (30.14 | ) | 1.89 | 1.89 | 0.94 | 71 | |||||||||||||||||||||||||||||||||||||||
Aggressive Growth Allocation Strategy(g) |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 8.95 | 0.01 | (d) | 0.68 | 0.69 | — | — | — | — | 9.64 | 16,429 | 7.71 | 0.50 | 0.90 | 0.16 | 5 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.50 | 0.06 | 0.48 | 0.54 | (0.09 | ) | — | — | (0.09 | ) | 8.95 | 18,577 | 6.45 | 0.40 | 0.81 | 0.77 | 35 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 8.57 | 0.08 | (d) | (0.02 | ) | 0.06 | (0.13 | ) | — | — | (0.13 | ) | 8.50 | 18,993 | 0.89 | 0.20 | 0.45 | 0.98 | 55 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.43 | 0.05 | (d) | 1.18 | 1.23 | (0.09 | ) | — | — | (0.09 | ) | 8.57 | 22,524 | 16.73 | 0.20 | 0.52 | 0.71 | 19 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.06 | 0.10 | 2.36 | 2.46 | (0.09 | ) | — | — | (0.09 | ) | 7.43 | 22,335 | 48.74 | — | 0.33 | 1.41 | 23 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.37 | 0.11 | (3.68 | ) | (3.57 | ) | (0.13 | ) | — | (e) | (1.61 | ) | (1.74 | ) | 5.06 | 13,411 | (35.39 | ) | 0.20 | 0.23 | 1.32 | 25 | ||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 8.88 | — | (d)(e) | 0.68 | 0.68 | — | — | — | — | 9.56 | 4,489 | 7.55 | 0.70 | 0.91 | (0.03 | ) | 5 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.43 | 0.04 | 0.49 | 0.53 | (0.08 | ) | — | — | (0.08 | ) | 8.88 | 4,110 | 6.30 | 0.63 | 0.90 | 0.51 | 35 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 8.52 | 0.05 | (d) | (0.03 | ) | 0.02 | (0.11 | ) | — | — | (0.11 | ) | 8.43 | 4,982 | 0.42 | 0.50 | 0.75 | 0.61 | 55 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.38 | 0.04 | (d) | 1.17 | 1.21 | (0.07 | ) | — | — | (0.07 | ) | 8.52 | 4,655 | 16.48 | 0.50 | 0.84 | 0.51 | 19 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.04 | 0.07 | 2.34 | 2.41 | (0.07 | ) | — | — | (0.07 | ) | 7.38 | 2,438 | 48.02 | — | 0.63 | 1.03 | 23 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.33 | 0.09 | (3.66 | ) | (3.57 | ) | (0.11 | ) | — | (e) | (1.61 | ) | (1.72 | ) | 5.04 | 1,815 | (35.50 | ) | 0.50 | 0.53 | 1.07 | 25 | ||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 8.69 | (0.03 | )(d) | 0.67 | 0.64 | — | — | — | — | 9.33 | 653 | 7.36 | 1.30 | 1.53 | (0.64 | ) | 5 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.28 | (0.01 | ) | 0.46 | 0.45 | (0.04 | ) | — | — | (0.04 | ) | 8.69 | 704 | 5.47 | 1.27 | 1.56 | (0.10 | ) | 35 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 8.39 | (0.01 | )(d) | (0.02 | ) | (0.03 | ) | (0.08 | ) | — | — | (0.08 | ) | 8.28 | 811 | (0.21 | ) | 1.20 | 1.45 | (0.12 | ) | 55 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.30 | (0.02 | )(d) | 1.16 | 1.14 | (0.05 | ) | — | — | (0.05 | ) | 8.39 | 1,059 | 15.70 | 1.20 | 1.52 | (0.33 | ) | 19 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.00 | 0.03 | 2.32 | 2.35 | (0.05 | ) | — | — | (0.05 | ) | 7.30 | 1,554 | 47.14 | — | 1.33 | 0.37 | 23 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.03 | (3.65 | ) | (3.62 | ) | (0.06 | ) | — | (e) | (1.61 | ) | (1.67 | ) | 5.00 | 1,076 | (36.04 | ) | 1.20 | 1.23 | 0.39 | 25 |
See Notes to Financial Highlights and Notes to Financial Statements.
50
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Conservative Allocation Strategy(g) |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $ | 12.54 | $ | 0.08 | (d) | $ | 0.15 | $ | 0.23 | $ | — | $— | $ | — | $ | — | $ | 12.77 | $ | 27,063 | 1.83 | % | 0.30 | % | 0.40 | % | 1.31 | % | 10 | % | ||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 12.27 | 0.21 | 0.46 | 0.67 | (0.27 | ) | — | (0.13 | ) | (0.40 | ) | 12.54 | 27,387 | 5.55 | 0.27 | 0.39 | 1.72 | 40 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 12.07 | 0.27 | (d) | 0.38 | 0.65 | (0.34 | ) | — | (0.11 | ) | (0.45 | ) | 12.27 | 21,585 | 5.61 | 0.20 | 0.40 | 2.24 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.51 | 0.28 | (d) | 0.75 | 1.03 | (0.46 | ) | — | (0.01 | ) | (0.47 | ) | 12.07 | 12,897 | 9.15 | 0.20 | 0.66 | 2.41 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.81 | 0.27 | 1.72 | 1.99 | (0.28 | ) | — | (0.01 | ) | (0.29 | ) | 11.51 | 6,310 | 20.51 | 0.20 | 0.53 | 2.61 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.11 | 0.44 | (1.10 | ) | (0.66 | ) | (0.50 | ) | — | (0.14 | ) | (0.64 | ) | 9.81 | 3,778 | (6.06 | ) | 0.20 | 0.36 | 4.08 | 48 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.53 | 0.06 | (d) | 0.15 | 0.21 | — | — | — | — | 12.74 | 15,945 | 1.68 | 0.60 | 0.69 | 1.01 | 10 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 12.26 | 0.17 | (d) | 0.47 | 0.64 | (0.24 | ) | — | (0.13 | ) | (0.37 | ) | 12.53 | 16,940 | 5.29 | 0.56 | 0.68 | 1.37 | 40 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 12.06 | 0.22 | (d) | 0.39 | 0.61 | (0.30 | ) | — | (0.11 | ) | (0.41 | ) | 12.26 | 24,322 | 5.32 | 0.50 | 0.70 | 1.83 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.51 | 0.28 | (d) | 0.71 | 0.99 | (0.43 | ) | — | (0.01 | ) | (0.44 | ) | 12.06 | 8,371 | 8.73 | 0.50 | 0.96 | 2.35 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.81 | 0.23 | 1.74 | 1.97 | (0.26 | ) | — | (0.01 | ) | (0.27 | ) | 11.51 | 3,137 | 20.25 | 0.50 | 0.89 | 2.27 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.12 | 0.41 | (1.11 | ) | (0.70 | ) | (0.47 | ) | — | (0.14 | ) | (0.61 | ) | 9.81 | 584 | (6.42 | ) | 0.50 | 0.67 | 3.81 | 48 | |||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.42 | 0.02 | (d) | 0.14 | 0.16 | — | — | — | — | 12.58 | 15,819 | 1.29 | 1.30 | 1.34 | 0.31 | 10 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 12.18 | 0.09 | (d) | 0.47 | 0.56 | (0.19 | ) | — | (0.13 | ) | (0.32 | ) | 12.42 | 15,410 | 4.58 | 1.27 | 1.35 | 0.73 | 40 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.99 | 0.15 | (d) | 0.38 | 0.53 | (0.23 | ) | — | (0.11 | ) | (0.34 | ) | 12.18 | 12,447 | 4.56 | 1.20 | 1.40 | 1.27 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.44 | 0.17 | (d) | 0.74 | 0.91 | (0.35 | ) | — | (0.01 | ) | (0.36 | ) | 11.99 | 7,305 | 8.07 | 1.20 | 1.65 | 1.47 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.77 | 0.16 | 1.71 | 1.87 | (0.19 | ) | — | (0.01 | ) | (0.20 | ) | 11.44 | 4,294 | 19.29 | 1.20 | 1.52 | 1.61 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.09 | 0.31 | (1.08 | ) | (0.77 | ) | (0.41 | ) | — | (0.14 | ) | (0.55 | ) | 9.77 | 1,973 | (7.08 | ) | 1.20 | 1.37 | 3.17 | 48 | |||||||||||||||||||||||||||||||||||||||
Growth Allocation Strategy(g) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.28 | 0.02 | (d) | 0.71 | 0.73 | — | — | — | — | 12.01 | 52,663 | 6.47 | 0.50 | 0.67 | 0.38 | 7 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.64 | 0.11 | 0.68 | 0.79 | (0.15 | ) | — | — | (0.15 | ) | 11.28 | 55,222 | 7.52 | 0.40 | 0.55 | 1.04 | 20 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.56 | 0.15 | (d) | 0.15 | 0.30 | (0.22 | ) | — | — | (0.22 | ) | 10.64 | 57,078 | 3.06 | 0.20 | 0.26 | 1.53 | 49 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.52 | 0.14 | (d) | 1.13 | 1.27 | (0.23 | ) | — | — | (0.23 | ) | 10.56 | 55,332 | 13.58 | 0.20 | 0.31 | 1.44 | 25 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.02 | 0.15 | 2.50 | 2.65 | (0.15 | ) | — | — | (0.15 | ) | 9.52 | 54,407 | 37.92 | 0.19 | 0.24 | 1.70 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.31 | 0.23 | (2.99 | ) | (2.76 | ) | (0.26 | ) | — | (1.27 | ) | (1.53 | ) | 7.02 | 40,472 | (25.01 | ) | 0.20 | 0.21 | 2.41 | 28 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.23 | 0.01 | (d) | 0.71 | 0.72 | — | — | — | — | 11.95 | 9,247 | 6.41 | 0.68 | 0.68 | 0.19 | 7 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.61 | 0.09 | 0.66 | 0.75 | (0.13 | ) | — | — | (0.13 | ) | 11.23 | 8,975 | 7.16 | 0.61 | 0.64 | 0.84 | 20 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.53 | 0.12 | (d) | 0.15 | 0.27 | (0.19 | ) | — | — | (0.19 | ) | 10.61 | 11,092 | 2.76 | 0.50 | 0.56 | 1.22 | 49 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.48 | 0.13 | (d) | 1.12 | 1.25 | (0.20 | ) | — | — | (0.20 | ) | 10.53 | 10,934 | 13.35 | 0.50 | 0.61 | 1.35 | 25 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.00 | 0.13 | 2.48 | 2.61 | (0.13 | ) | — | — | (0.13 | ) | 9.48 | 3,638 | 37.46 | 0.49 | 0.54 | 1.39 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.28 | 0.20 | (2.98 | ) | (2.78 | ) | (0.23 | ) | — | (1.27 | ) | (1.50 | ) | 7.00 | 2,776 | (25.21 | ) | 0.49 | 0.50 | 2.07 | 28 | |||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.08 | (0.02 | )(d) | 0.69 | 0.67 | — | — | — | — | 11.75 | 2,877 | 6.05 | 1.28 | 1.28 | (0.40 | ) | 7 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.48 | 0.02 | (d) | 0.66 | 0.68 | (0.08 | ) | — | — | (0.08 | ) | 11.08 | 2,602 | 6.55 | 1.25 | 1.28 | 0.22 | 20 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.41 | 0.05 | (d) | 0.15 | 0.20 | (0.13 | ) | — | — | (0.13 | ) | 10.48 | 2,793 | 2.03 | 1.20 | 1.26 | 0.50 | 49 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.38 | 0.04 | (d) | 1.12 | 1.16 | (0.13 | ) | — | — | (0.13 | ) | 10.41 | 3,063 | 12.50 | 1.20 | 1.31 | 0.43 | 25 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.94 | 0.07 | 2.46 | 2.53 | (0.09 | ) | — | — | (0.09 | ) | 9.38 | 3,234 | 36.53 | 1.19 | 1.24 | 0.69 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.22 | 0.14 | (2.98 | ) | (2.84 | ) | (0.17 | ) | — | (1.27 | ) | (1.44 | ) | 6.94 | 2,844 | (25.88 | ) | 1.19 | 1.20 | 1.37 | 28 |
See Notes to Financial Highlights and Notes to Financial Statements.
51
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Moderate Allocation Strategy(g) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $ | 11.11 | $ | 0.04 | (d) | $ | 0.41 | $ | 0.45 | $ | — | $— | $ | — | $ | — | $ | 11.56 | $ | 128,731 | 4.05 | % | 0.50 | % | 0.55 | % | 0.75 | % | 4 | % | ||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.77 | 0.15 | 0.54 | 0.69 | (0.18 | ) | — | (0.17 | ) | (0.35 | ) | 11.11 | 139,912 | 6.60 | 0.40 | 0.43 | 1.37 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.60 | 0.20 | (d) | 0.27 | 0.47 | (0.28 | ) | — | (0.02 | ) | (0.30 | ) | 10.77 | 133,382 | 4.63 | 0.20 | 0.22 | 1.96 | 38 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.84 | 0.20 | (d) | 0.90 | 1.10 | (0.34 | ) | — | — | (0.34 | ) | 10.60 | 122,804 | 11.45 | 0.20 | 0.23 | 2.00 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.76 | 0.20 | 2.09 | 2.29 | (0.21 | ) | — | — | (0.21 | ) | 9.84 | 125,016 | 29.66 | 0.19 | 0.21 | 2.22 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.38 | 0.29 | (2.07 | ) | (1.78 | ) | (0.34 | ) | — | (0.50 | ) | (0.84 | ) | 7.76 | 103,606 | (17.47 | ) | 0.20 | 0.21 | 3.11 | 31 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.08 | 0.03 | (d) | 0.42 | 0.45 | — | — | — | — | 11.53 | 19,323 | 4.06 | 0.64 | 0.64 | 0.62 | 4 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.75 | 0.13 | 0.54 | 0.67 | (0.17 | ) | — | (0.17 | ) | (0.34 | ) | 11.08 | 19,622 | 6.36 | 0.58 | 0.59 | 1.19 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.58 | 0.18 | (d) | 0.26 | 0.44 | (0.25 | ) | — | (0.02 | ) | (0.27 | ) | 10.75 | 20,366 | 4.33 | 0.50 | 0.52 | 1.70 | 38 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.82 | 0.18 | (d) | 0.89 | 1.07 | (0.31 | ) | — | — | (0.31 | ) | 10.58 | 14,416 | 11.11 | 0.50 | 0.53 | 1.79 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.75 | 0.17 | 2.08 | 2.25 | (0.18 | ) | — | — | (0.18 | ) | 9.82 | 8,615 | 29.23 | 0.49 | 0.51 | 1.91 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.37 | 0.25 | (2.06 | ) | (1.81 | ) | (0.31 | ) | — | (0.50 | ) | (0.81 | ) | 7.75 | 5,845 | (17.72 | ) | 0.50 | 0.51 | 2.81 | 31 | |||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.00 | — | (d) | 0.42 | 0.42 | — | — | — | — | 11.42 | 14,139 | 3.73 | 1.22 | 1.22 | 0.04 | 4 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.69 | 0.06 | 0.54 | 0.60 | (0.12 | ) | — | (0.17 | ) | (0.29 | ) | 11.00 | 14,106 | 5.69 | 1.20 | 1.21 | 0.56 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.52 | 0.10 | (d) | 0.27 | 0.37 | (0.18 | ) | — | (0.02 | ) | (0.20 | ) | 10.69 | 15,028 | 3.60 | 1.20 | 1.22 | 0.95 | 38 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.77 | 0.09 | (d) | 0.90 | 0.99 | (0.24 | ) | — | — | (0.24 | ) | 10.52 | 15,252 | 10.29 | 1.20 | 1.23 | 0.95 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.72 | 0.11 | 2.07 | 2.18 | (0.13 | ) | — | — | (0.13 | ) | 9.77 | 15,431 | 28.31 | 1.19 | 1.21 | 1.21 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.34 | 0.20 | (2.07 | ) | (1.87 | ) | (0.25 | ) | — | (0.50 | ) | (0.75 | ) | 7.72 | 12,405 | (18.34 | ) | 1.20 | 1.20 | 2.08 | 31 |
^ | Unaudited. |
(a) | Total return excludes sales charge. Not annualized for periods less than one year. |
(b) | Annualized for periods less than one year. |
(c) | Not annualized for periods less than one year. |
(d) | Per share data calculated using average shares outstanding method. |
(e) | Rounds to less than $0.01 per share. |
(f) | Realized and unrealized gain (loss) per share does not correlate to the aggregate of the net realized and unrealized gain (loss) on the Statements of Operations for the year ended March 31, 2012, primarily due to the timing of the sales and repurchases of the Fund’s shares in relation to fluctuating market values for the Fund’s portfolio. |
(g) | The Fund and its shareholders indirectly bear a pro rata share of the acquired fund fees and expenses incurred by the underlying investment companies in which the Fund is invested. The expense ratios do not include such acquired fund fees and expenses. |
Amounts designated as “—” are $0 or have rounded to $0.
See Notes to Financial Highlights and Notes to Financial Statements.
52
Table of Contents
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
1. | Organization |
The RidgeWorth Funds (the “Trust”) is organized as a Massachusetts business trust and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust is authorized to issue an unlimited number of shares without par value. The financial statements presented herein are those of the Aggressive Growth Stock Fund, International Equity Fund, International Equity Index Fund, Large Cap Growth Stock Fund, Large Cap Value Equity Fund, Mid-Cap Value Equity Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund, Small Cap Value Equity Fund, Aggressive Growth Allocation Strategy, Conservative Allocation Strategy, Growth Allocation Strategy and Moderate Allocation Strategy (each, a “Fund” and collectively, the “Funds”).
The Aggressive Growth Stock Fund, International Equity Fund and International Equity Index Fund offer I Shares and A Shares. The Large Cap Growth Stock Fund, Large Cap Value Equity Fund, Mid-Cap Value Equity Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund, Small Cap Value Equity Fund, Aggressive Growth Allocation Strategy, Conservative Allocation Strategy, Growth Allocation Strategy and Moderate Allocation Strategy offer I Shares, A Shares and C Shares.
The assets of each Fund are segregated and a shareholder’s interest is limited to the Fund in which shares are held. Each class of shares has identical rights and privileges except with respect to fees paid under the Distribution and Service Plan, voting rights on matters affecting a single class of shares and sales charges. The A Shares of the Funds (except Conservative Allocation Strategy) have a maximum sales charge on purchases of 5.75% as a percentage of original purchase price. Conservative Allocation Strategy A Shares have a maximum sales charge on purchases of 4.75% as a percentage of original purchase price. Certain purchases of A Shares will not be subject to a front-end sales charge but will be subject to a contingent deferred sales charge (“CDSC”) of 0.75%, if redeemed within two years of purchase. The deferred sales charge may be waived from time to time for certain broker-dealers that waive payment of compensation to them. The C Shares have a maximum CDSC of 1.00% as a percentage of either the original purchase price or the next calculated price after the Funds receive a redemption request, whichever is less, if shares are redeemed within one year of purchase. There is no sales charge on purchases of I shares.
The Trust’s officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust. However, based on experience, the Trust expects that risk of loss to be remote.
2. | Significant Accounting Policies |
The following are significant accounting policies consistently followed by the Funds which are in conformity with accounting principles generally accepted in the U.S. (“GAAP”). Estimates and assumptions are required to be made regarding assets, liabilities and changes in net assets resulting from operations when financial statements are prepared. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ.
(a) Investment Valuation — Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The prices are provided by independent pricing vendors approved by the Board of Trustees of the Trust (the “Board”).
The Funds, in accordance with GAAP, have adopted Financial Accounting Standards Board Codification Topic 820 (“ASC Topic 820”). ASC Topic 820 establishes a single definition of fair value, creates a three-tier hierarchy as a framework for measuring fair value based on inputs used to value the Funds’ investments, and requires additional disclosure about fair value. The hierarchy of inputs is summarized below:
Ÿ | Level 1 — Investments whose values are based on quoted market prices in active markets, and whose values are therefore classified as Level 1 prices, include active listed equities. Investments in underlying funds and money market funds are valued at their net asset value (“NAV”) daily and are classified as Level 1 prices. |
53
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ÿ | Level 2 — Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain asset and mortgage products, less liquid listed equities, and state, municipal and provincial obligations. |
Ÿ | Level 3 — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not available for these securities, the funds use one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the funds in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the funds in the absence of market information. Assumptions used by the funds due to the lack of observable inputs may significantly impact the resulting fair value and therefore the funds’ results of operations. |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The Funds use valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.
When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before each Fund calculates its NAV, each of the Funds values these securities in accordance with the Pricing and Valuation Procedures approved by the Board. The Pricing and Valuation Procedures are performed and monitored by a Valuation Committee (the “Committee”) designated by the Board. Some of the more common reasons which may necessitate that a security be fair valued in accordance with the Pricing and Valuation Procedures include, but are not limited to: the security’s trading has been halted or suspended; the security has been de-listed from a national exchange; the security’s primary trading market is temporarily closed at a time when, under normal conditions, it would be open; or the security’s primary pricing source is not able or willing to provide a price. When a security is fair valued in accordance with the Pricing and Valuation Procedures, the Committee determines the value after taking into consideration relevant information reasonably available to the Committee. Under the Pricing and Valuation Procedures, such securities may be considered Level 2 or Level 3 in the fair value hierarchy. Short-term obligations with maturities of 60 days or less are valued at amortized cost, which approximates fair value and such securities are considered Level 2 in the fair value hierarchy. Certain Funds hold securities or other assets that are denominated in a foreign currency. The Funds will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time) when valuing such assets.
The assets of Aggressive Growth Allocation Strategy, Conservative Allocation Strategy, Growth Allocation Strategy and Moderate Allocation Strategy (the “Allocation Strategies”) consist of investments in other funds including affiliated funds (See Note 7), which are valued at their respective daily net asset values. Recognition of net investment income by the Allocation Strategies is affected by the timing of the declaration of dividends by the other Funds in which the Allocation Strategies invest. Also, in addition to the Allocation Strategies’ direct expenses, shareholders bear a proportionate share of the underlying Funds’ expenses.
54
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
The following is a summary of the inputs used in valuing the Funds’ assets and liabilities carried at fair value as of September 30, 2013:
Level 1 - Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total | |||||||||||||
Aggressive Growth Stock Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | $ | 31,870,756 | $ | — | $— | $ | 31,870,756 | |||||||||
Money Market Fund | 830,243 | — | — | 830,243 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 32,700,999 | — | — | 32,700,999 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
International Equity Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | 16,880,619 | 11,677,083 | — | 28,557,702 | ||||||||||||
Preferred Stock1 | 469,347 | — | — | 469,347 | ||||||||||||
Short-Term Investment | — | 242,400 | — | 242,400 | ||||||||||||
Money Market Fund | 907,592 | — | — | 907,592 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 18,257,558 | 11,919,483 | — | 30,177,041 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
International Equity Index Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | 28,118,664 | 25,986,577 | 0 | 2 | 54,105,241 | |||||||||||
Preferred Stocks1 | 511,087 | — | — | 511,087 | ||||||||||||
Rights1 | 8,936 | — | 0 | 2 | 8,936 | |||||||||||
Exchange Traded Funds | 2,116,014 | — | — | 2,116,014 | ||||||||||||
Trust | 11,433 | — | — | 11,433 | ||||||||||||
Short-Term Investment | — | 295,020 | — | 295,020 | ||||||||||||
Money Market Fund | 70,194 | — | — | 70,194 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 30,836,328 | 26,281,597 | 0 | 2 | 57,117,925 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Large Cap Growth Stock Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | 272,571,877 | — | — | 272,571,877 | ||||||||||||
Short-Term Investment | — | 180,150 | — | 180,150 | ||||||||||||
Money Market Fund | 3,473,480 | — | — | 3,473,480 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 276,045,357 | 180,150 | — | 276,225,507 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Large Cap Value Equity Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | 1,885,658,200 | — | — | 1,885,658,200 | ||||||||||||
Short-Term Investment | — | 15,155,000 | — | 15,155,000 | ||||||||||||
Money Market Fund | 47,808,582 | — | — | 47,808,582 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 1,933,466,782 | 15,155,000 | — | 1,948,621,782 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Mid-Cap Value Equity Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | 3,160,420,080 | — | — | 3,160,420,080 | ||||||||||||
Short-Term Investment | — | 105,256,275 | — | 105,256,275 | ||||||||||||
Money Market Fund | 139,312,225 | — | — | 139,312,225 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 3,299,732,305 | 105,256,275 | — | 3,404,988,580 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Select Large Cap Growth Stock Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | 28,987,556 | — | — | 28,987,556 | ||||||||||||
Money Market Fund | 870,014 | — | — | 870,014 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 29,857,570 | — | — | 29,857,570 | ||||||||||||
|
|
|
|
|
|
|
|
55
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Level 1 - Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total | |||||||||||||
Small Cap Growth Stock Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | $ | 193,685,658 | $ | — | $— | $ | 193,685,658 | |||||||||
Short-Term Investment | — | 24,603,468 | — | 24,603,468 | ||||||||||||
Money Market Fund | 4,102,168 | — | — | 4,102,168 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 197,787,826 | 24,603,468 | — | 222,391,294 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Small Cap Value Equity Fund | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks1 | 1,739,289,003 | — | — | 1,739,289,003 | ||||||||||||
Money Market Fund | 13,031,649 | — | — | 13,031,649 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 1,752,320,652 | — | — | 1,752,320,652 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Aggressive Growth Allocation Strategy | ||||||||||||||||
Assets | ||||||||||||||||
Equity Funds | 15,590,147 | — | — | 15,590,147 | ||||||||||||
Fixed Income Funds | 2,578,543 | — | — | 2,578,543 | ||||||||||||
Exchange Traded Funds | 3,185,317 | — | — | 3,185,317 | ||||||||||||
Money Market Fund | 201,841 | — | — | 201,841 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 21,555,848 | — | — | 21,555,848 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Conservative Allocation Strategy | ||||||||||||||||
Assets | ||||||||||||||||
Equity Funds | 17,547,888 | — | — | 17,547,888 | ||||||||||||
Fixed Income Funds | 35,388,220 | — | — | 35,388,220 | ||||||||||||
Exchange Traded Funds | 5,291,557 | — | — | 5,291,557 | ||||||||||||
Money Market Fund | 600,801 | — | — | 600,801 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 58,828,466 | — | — | 58,828,466 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Growth Allocation Strategy | ||||||||||||||||
Assets | ||||||||||||||||
Equity Funds | 40,834,774 | — | — | 40,834,774 | ||||||||||||
Fixed Income Funds | 14,349,184 | — | — | 14,349,184 | ||||||||||||
Exchange Traded Funds | 8,983,108 | — | — | 8,983,108 | ||||||||||||
Money Market Fund | 613,152 | — | — | 613,152 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 64,780,218 | — | — | 64,780,218 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Moderate Allocation Strategy | ||||||||||||||||
Assets | ||||||||||||||||
Equity Funds | 75,434,066 | — | — | 75,434,066 | ||||||||||||
Fixed Income Funds | 67,735,373 | — | — | 67,735,373 | ||||||||||||
Exchange Traded Funds | 17,699,554 | — | — | 17,699,554 | ||||||||||||
Money Market Fund | 1,610,813 | — | — | 1,610,813 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 162,479,806 | — | — | 162,479,806 | ||||||||||||
|
|
|
|
|
|
|
|
1 | Please see the Schedule of Portfolio Investments for Sector or Country Classifications. |
2 | As of September 30, 2013, the securities designated as Level 3 were fair valued using significant unobservable inputs under procedures adopted by the Board. Such valuations were based on a review of inputs such as, but not limited to, similar securities, company specific financial information, and company specific news. Each of these securities are new Board fair valued securities for the year ended March 31, 2013. The Level 3 securities comprised 0.0% of net assets of each Fund. As such, the Level 3 roll forward and change in unrealized appreciation (depreciation) of Level 3 securities held at year end have not been presented. |
56
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
The Funds’ policy is to disclose transfers between levels based on valuations at the end of the reporting period. Each portfolio may hold securities which are periodically fair valued in accordance with the Pricing and Valuation Procedures. This may result in movements between Level 1 and Level 2 throughout the period. At September 30, 2013, securities valued at $9,592,959 and $25,559,219 were transferred from Level 1 to Level 2 pursuant to the Pricing and Valuation Procedures for International Equity Index Fund and International Equity Index Fund, respectively.
(b) Security Transactions and Investment Income — Security transactions are accounted for on a trade date basis. Interest income, adjusted for amortization of premium and accretion of discount over the life of the securities, is recorded on the accrual basis. Dividend income is recorded on the ex-dividend date or as soon as practicable after the Funds determine the existence of a dividend declaration after exercising reasonable due diligence. Foreign dividend income is recorded on the ex-dividend date or as soon as practicable after the Funds determine the existence of a dividend declaration after exercising reasonable due diligence. The cost of investments sold is determined by use of the specific identification method. To the extent any issuer defaults or a credit event occurs that impacts the issuer, the Funds may halt any additional interest income accruals and consider the Funds’ ability to realize interest accrued up to the date of default or credit event.
(c) Distributions to Shareholders — Distributions from net investment income of each of the Fund are declared quarterly to shareholders of record, and are paid quarterly, except for the International Equity Fund and the International Equity Index Fund for which distributions are declared and paid annually. Distributions of net realized capital gains, if any, are declared at least annually. Distributions to shareholders from each of the Funds are recorded on the ex-dividend date and are determined in accordance with income tax regulations, which may differ from GAAP.
(d) Expenses and Share Class Accounting — Expenses that are directly related to a specific Fund are charged to that Fund. Other operating expenses of the Trust are allocated pro-rata to the Funds on the basis of relative net assets or another appropriate basis. Investment income, common expenses, and realized/unrealized capital gains (losses) on investments are allocated to the various share classes of the Funds on the basis of relative daily net assets of each share class. Fees relating to a specific share class are charged directly to the share class.
(e) Forward Foreign Currency Contracts — Certain Funds may enter into forward foreign currency contracts to hedge against foreign currency exchange rate risk on non-U.S. dollar denominated securities or to facilitate settlement of a foreign currency denominated portfolio transaction. A forward foreign currency contract is an agreement between two parties to buy and sell a currency at a set price with delivery and settlement at a future date. The contract is marked-to-market daily and the change in value is recorded by the Fund as an unrealized gain or loss. When a forward foreign currency contract is closed, through either delivery or offset by entering into another forward foreign currency contract, the Fund recognizes a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it is closed.
Forward foreign currency contracts involve elements of market risk in excess of the amounts reflected on the Statements of Assets and Liabilities. The Funds bear the risk of an unfavorable change in the foreign exchange rate underlying the forward foreign currency contract. Risks may also arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts. The Funds did not hold any forward foreign currency contracts during the period ended September 30, 2013.
(f) Derivative Instruments — Certain Funds may enter into derivative contracts for purposes of pursuing their investment objectives, to use as a substitute for a purchase or sale of a position in the underlying assets and/or as part of a strategy designed to reduce exposure to other risks. The Funds did not hold any derivative instruments during the period ended September 30, 2013.
(g) Foreign Currency Translation — Investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), on the date of valuation. Purchases and sales of investment securities and income and expense items denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates on the respective dates of such transactions.
57
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
The Funds do not isolate that portion of the results of operations resulting from fluctuations in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss on investments and foreign currencies.
Net realized foreign exchange gains or losses arise from sales of foreign currencies, including gains and losses on forward foreign currency contracts, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded and the amount actually received.
(h) Securities Lending — Each Fund may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Board. These loans may not exceed either (i) 50% of the sum of the market value of all securities of the Fund and the market value of securities purchased with cash collateral or (ii) 33.33% of the total market value of all securities of the Fund. No Fund will lend portfolio securities to its investment adviser, subadviser, or its affiliates unless it has applied for and received specific authority to do so from the Securities and Exchange Commission. Loans of portfolio securities are required to be fully collateralized by cash, letters of credit or U.S. government securities. The initial value of the collateral must be at least 102% of the market value of the securities loaned, if the securities loaned are U.S. securities (105% for non-U.S. securities); and maintained in an amount equal to at least 100% (103% for non-U.S. securities) thereafter. However, due to market fluctuations during the day, the value of securities loaned on a particular day may exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior day’s market fluctuations and the current day’s lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks; including the risk that a Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities. A fee will be obtained from the borrower if letters of credit or U.S. government securities are used as collateral.
The cash collateral received is aggregated in a joint account by the Funds, providing RidgeWorth Investments a pool of cash to invest in short-term investments that have a remaining maturity of 397 days or less. The Funds are joint participants with other affiliated Funds of the Trust that are not presented in this report. At September 30, 2013, the cash collateral received by the Funds was pooled and invested in the following securities. Each of the Funds participating in securities lending at September 30, 2013 owned a pro-rata portion of the assets and liabilities listed below:
Shares | Value | |||||||
JPMorgan U.S. Government Money Market Fund, Capital Shares, 0.01% | 102,467,056 | $ | 102,467,056 | |||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00% | 247,551,381 | 247,551,381 | ||||||
|
|
|
| |||||
Total Investments (Cost $350,018,437) | 350,018,437 | |||||||
Amount due to Lending Agent | (25,185 | ) | ||||||
|
| |||||||
Net Investment Value | $ | 349,993,252 | ||||||
|
|
The following Funds paid securities lending fees to the lending agent during the period ended September 30, 2013, which have been netted against Income from Securities Lending on the Statements of Operations. These fees are presented below:
Fund | Fee | |||
International Equity Fund | $ | 22,785 | ||
International Equity Index Fund | 17,704 | |||
Large Cap Growth Stock Fund | 185 | |||
Large Cap Value Equity Fund | 2,918 | |||
Mid-Cap Value Equity Fund | 65,287 | |||
Select Large Cap Growth Stock Fund | 62 | |||
Small Cap Growth Stock Fund | 18,849 |
58
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
(i) Real Estate Investment Trusts — Certain Funds may own shares of real estate investment trusts (“REITs”) which report information on the source of their distributions annually. The Funds re-characterize distributions received from REIT investments based on information provided by the REITs into the following categories: ordinary income, long-term capital gains, and return of capital. If information is not available on a timely basis from the REITs, the re-characterization will be estimated based on available information which may include the previous year’s allocation. If new or additional information becomes available from the REITs at a later date, a re-characterization will be made in the following year. The Funds record as dividend income the amount re-characterized as ordinary income and as realized gain the amount re-characterized as long-term capital gain in the Statements of Operations, and the amount re-characterized as a return of capital as a reduction to the cost of investments in the Statements of Assets and Liabilities and in the Schedules of Portfolio Investments. These re-characterizations are reflected in the accompanying financial statements.
(j) Restricted Securities — Certain Funds’ investments are restricted as to resale. All of these restricted securities have been deemed liquid by the Funds’ Investment Adviser based upon procedures approved by the Board unless stated otherwise on the Funds’ Schedules of Portfolio Investments. As of September 30, 2013, the Funds’ did not have any restricted securities.
(k) Foreign Investment Risks — Certain Funds may invest in securities of foreign issuers in various countries. Investments in securities of foreign issuers carry certain risks not ordinarily associated with investments in securities of U.S. issuers. These risks include future political and economic developments, and the possible imposition of exchange controls or other foreign governmental laws and restrictions. In addition, with respect to certain countries, there is a possibility of expropriation of assets, confiscatory taxation, political or social instability or diplomatic developments, which could adversely affect investments in those countries. Emerging market countries are countries that the World Bank or the United Nations considers to be emerging or developing. Emerging markets may be more likely to experience political turmoil or rapid changes in market or economic conditions than more developed countries. In addition, the financial stability of issuers, including governments, in emerging market countries may be more precarious than in other countries. As a result, there may to be an increased risk of price volatility associated with a Fund’s investments in emerging market countries, which may be magnified by currency fluctuations relative to the U.S. dollar. Please refer to each Fund’s prospectus for additional risk that may be associated with the Funds.
(l) Federal and Other Taxes — It is the Funds’ policy to comply with the federal income and excise tax requirements of the Internal Revenue Code of 1986 (the “Code”), as amended, applicable to regulated investment companies. Accordingly, the Funds intend to distribute taxable income and net realized gains, if any, to shareholders in accordance with timing requirements imposed by the Code. Therefore, no federal or state income tax provision is required in the Funds’ financial statements.
Management has analyzed the Funds’ tax positions taken on income tax returns for all open tax years and has concluded that as of September 30, 2013, no provision for income tax is required in the Funds’ financial statements. The Funds’ federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.
Under the applicable foreign tax laws, a withholding tax may be imposed on interest, dividends and capital gains at various rates.
(m) Reclassification — GAAP requires that certain components of net assets be reclassified to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or net asset value per share.
3. | Investment Adviser and Other Service Providers |
Investment Adviser — RidgeWorth Investments (“Investment Adviser”), a majority subsidiary of SunTrust Banks, Inc. (“SunTrust”), serves as the investment adviser to the Funds. The Trust and the Investment Adviser have entered into an investment advisory agreement (“Advisory Agreement”). The Investment Adviser is a money–management holding company with multiple style-focused investment boutiques (“Subadvisers”). The Subadvisers for each of the Funds, other than the Allocation Strategies, which are not subadvised, are as follows: Ceredex Value Advisors
59
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
LLC serves as the Subadviser for the Large Cap Value Equity Fund, Mid-Cap Value Equity Fund and Small Cap Value Equity Fund; Certium Asset Management LLC serves as the Subadviser for the International Equity Fund and International Equity Index Fund; Silvant Capital Management LLC serves as the Subadviser for the Large Cap Growth Stock Fund, Select Large Cap Growth Stock Fund and Small Cap Growth Stock Fund. Zevenbergen Capital Investments LLC serves as the Subadviser for the Aggressive Growth Stock Fund; and Zevenbergen Capital Investments LLC is a minority-owned subsidiary of the Investment Adviser. Each of the other Subadvisers is a wholly-owned subsidiary of the Investment Adviser. The Investment Adviser pays the Subadvisers out of the investment advisory fees it receives from the Funds.
Under the terms of the Advisory Agreement, the Funds are charged annual advisory fees, which are computed daily and paid monthly based upon average daily net assets. Breakpoints are used in computing the overall annual advisory fee. The maximum annual advisory fee is charged on average daily net assets of each Fund up to $500 million. A discount of 5% applies on the next $500 million, a discount of 10% applies on the next $4 billion, and a discount of 15% applies on amounts over $5 billion. Fee rates for the period ended September 30, 2013 were as follows:
Fund | Maximum Annual Advisory Fee | Discounted Annual Advisory Fee | Advisory Fees Waived/Expense Reimbursed | Net Annual Fees Paid* | ||||||||||||
Aggressive Growth Stock Fund | 0.85 | % | 0.85 | % | (0.20 | )% | 0.65 | % | ||||||||
International Equity Fund | 0.90 | 0.90 | (0.04 | ) | 0.86 | |||||||||||
International Equity Index Fund | 0.45 | 0.45 | (0.41 | ) | 0.04 | |||||||||||
Large Cap Growth Stock Fund | 0.70 | 0.70 | (0.04 | ) | 0.66 | |||||||||||
Large Cap Value Equity Fund | 0.70 | 0.66 | (0.12 | ) | 0.54 | |||||||||||
Mid-Cap Value Equity Fund | 0.75 | 0.69 | (0.01 | ) | 0.68 | |||||||||||
Select Large Cap Growth Stock Fund | 0.70 | 0.70 | (0.01 | ) | 0.69 | |||||||||||
Small Cap Growth Stock Fund | 0.85 | 0.85 | (0.02 | ) | 0.83 | |||||||||||
Small Cap Value Equity Fund | 0.85 | 0.80 | — | 0.80 | ||||||||||||
Aggressive Growth Allocation Strategy | 0.10 | 0.10 | (0.36 | ) | — | |||||||||||
Conservative Allocation Strategy | 0.10 | 0.10 | (0.08 | ) | 0.02 | |||||||||||
Growth Allocation Strategy | 0.10 | 0.10 | (0.14 | ) | — | |||||||||||
Moderate Allocation Strategy | 0.10 | 0.10 | (0.04 | ) | 0.06 |
* | Aggregate annual fees paid to the Investment Adviser, who pays the applicable Subadviser a portion of the fees for its services to the Funds. |
Amounts designated as “—” are 0%.
The Investment Adviser and the applicable Subadviser have contractually agreed, until at least August 1, 2014, to waive fees and/or reimburse expenses for each of the following Funds to the extent necessary to maintain each Fund’s total annual fund operating expenses (excluding, as applicable, taxes, brokerage commissions, substitute dividend expenses on securities sold short, interest expense, extraordinary expenses and indirect expenses attributable to the Fund’s investment in other funds), expressed as a percentage of average daily net assets, as noted below:
Contractual Expense Limitations August 1,2013 to September 30, 2013 | ||||||||||||
Fund | I Shares | A Shares | C Shares | |||||||||
Aggressive Growth Stock Fund | 1.29 | % | 1.50 | % | N/A | % | ||||||
International Equity Fund | 1.37 | 1.57 | N/A | |||||||||
International Equity Index Fund* | 0.68 | 1.02 | N/A | |||||||||
Large Cap Growth Stock Fund* | 0.90 | 1.20 | 1.90 | |||||||||
Large Cap Value Equity Fund* | 0.90 | 1.20 | 1.90 | |||||||||
Mid-Cap Value Equity Fund* | 1.10 | 1.35 | 1.95 | |||||||||
Select Large Cap Growth Stock Fund* | 1.09 | 1.37 | 2.09 | |||||||||
Small Cap Growth Stock Fund* | 1.24 | 1.52 | 2.24 | |||||||||
Small Cap Value Equity Fund | 1.31 | 1.55 | 2.15 | |||||||||
Aggressive Growth Allocation Strategy | 0.50 | 0.70 | 1.30 |
60
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Contractual Expense Limitations August 1, 2013 to September 30, 2013 | ||||||||||||
Fund | I Shares | A Shares | C Shares | |||||||||
Conservative Allocation Strategy | 0.30 | 0.60 | 1.30 | |||||||||
Growth Allocation Strategy | 0.50 | 0.70 | 1.30 | |||||||||
Moderate Allocation Strategy | 0.50 | 0.70 | 1.30 |
* | For the period April 1, 2013 to July 31, 2013 the Contractual Expense Limitations were as follows: |
Fund | I Shares | A Shares | C Shares | |||||||||
International Equity Fund | 1.37 | % | 1.67 | % | N/A | % | ||||||
International Equity Index Fund | 0.76 | 1.02 | N/A | |||||||||
Large Cap Growth Stock Fund | 1.16 | 1.40 | 2.10 | |||||||||
Large Cap Value Equity Fund | 0.93 | 1.18 | 1.88 | |||||||||
Mid-Cap Value Equity Fund | 1.14 | 1.35 | 1.95 | |||||||||
Select Large Cap Growth Stock Fund | 1.09 | 1.39 | 2.09 | |||||||||
Small Cap Growth Stock Fund | 1.33 | 1.60 | 2.25 |
Under the Expense Limitation Agreement, the Investment Adviser may retain the difference between the Contractual Expense Limitations identified above and the actual total expenses to recapture any of its prior contractual waivers or reimbursements at a date not to exceed three years from the date of such waivers or reimbursements. Such repayments shall be made monthly, but only to the extent that such repayments would not cause the annualized total expense ratio to exceed the contractual expense limitation in place at that time. During the period ended September 30, 2013, the Investment Adviser did not recapture any of its prior contractual waivers or reimbursements. As of September 30, 2013, the cumulative potential recoupments recoverable pursuant to this agreement are as follows:
Expires | ||||||||||||||||
Fund | 2014 | 2015 | 2016 | 2017 | ||||||||||||
Aggressive Growth Stock | $ | — | $ | — | $ | 109 | $ | 22,431 | ||||||||
International Equity Index | — | — | 6,331 | 22,398 | ||||||||||||
Large Cap Value Equity | — | — | 91,324 | 1,155,056 | ||||||||||||
Mid-Cap Value Equity | — | — | 73,322 | 118,527 | ||||||||||||
Small Cap Value Equity | — | — | 86 | — | ||||||||||||
Aggressive Growth Allocation Strategy | 88,530 | 63,460 | 41,857 | 41,544 | ||||||||||||
Conservative Allocation Strategy | 93,778 | 75,713 | 37,402 | 24,613 | ||||||||||||
Growth Allocation Strategy | 73,522 | 42,458 | 35,202 | 45,929 | ||||||||||||
Moderate Allocation Strategy | 43,102 | 34,791 | 12,573 | 32,634 |
Amounts designated as “—” are $0.
Fund Accounting, Custody, Administration, and Transfer Agency — State Street Bank and Trust Company (“State Street Bank”) serves as the fund accounting agent and custodian for the Trust pursuant to a Master Custodian Agreement. The custodian is responsible for the safekeeping of the assets of the Funds and the fund accounting agent is responsible for calculating the Funds’ NAVs. State Street Bank, as the Funds’ custodian and fund accounting agent, is paid on the basis of net assets and transaction costs of the Funds. State Street Bank also serves as the administrator for the Trust pursuant to an administration agreement. State Street Bank, as the Funds’ administrator, is paid on the basis of net assets of the RidgeWorth Funds which are allocated among the series of the Trust, on the basis of relative net assets.
Boston Financial Data Services, Inc. (“BFDS”) serves as the transfer agent to the Trust pursuant to a Transfer Agency and Service Agreement. BFDS is paid on the basis of net assets, per account fees and certain transaction costs.
Custodian Credits — The Funds have an agreement with their custodian under which custody fees may be reduced by balance credits. These credits, if any, are shown as a reduction of total expenses on the Statements of Operations.
61
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Distribution — The Trust and RidgeWorth Distributors LLC (the “Distributor”) are parties to a Distribution Agreement.
In addition, with respect to the A Shares and C Shares, the Distributor receives amounts, pursuant to a Distribution and Service Plan, based upon average daily net assets of each respective class, which are computed daily and paid monthly. For the period ended September 30, 2013, the Distributor did not retain any of the front end sales charges assessed on the sale of Class A Shares. For the period ended September 30, 2013, the Distributor did not retain any commissions from contingent deferred sales charges assessed on the redemption of Class C Shares. These fees, expressed as a percentage of average daily net assets, for the period ended September 30, 2013, were as follows:
Fund | A Share Distribution and Service Fee | C Share Distribution and Service Fee | ||||||
Aggressive Growth Stock Fund | 0.30 | % | N/A | % | ||||
International Equity Fund | 0.30 | N/A | ||||||
International Equity Index Fund | 0.30 | N/A | ||||||
Large Cap Growth Stock Fund | 0.30 | 1.00 | ||||||
Large Cap Value Equity Fund | 0.30 | 1.00 | ||||||
Mid-Cap Value Equity Fund | 0.30 | 1.00 | ||||||
Select Large Cap Growth Stock Fund | 0.30 | 1.00 | ||||||
Small Cap Growth Stock Fund | 0.30 | 1.00 | ||||||
Small Cap Value Equity Fund | 0.30 | 1.00 | ||||||
Aggressive Growth Allocation Strategy | 0.30 | 1.00 | ||||||
Conservative Allocation Strategy | 0.30 | 1.00 | ||||||
Growth Allocation Strategy | 0.30 | 1.00 | ||||||
Moderate Allocation Strategy | 0.30 | 1.00 |
Shareholder Servicing Fees — The Funds have adopted a shareholder services fee for the I Shares and A Shares. Each of these Funds (or class thereof, as the case may be) may pay to financial institutions that provide certain services to the Funds a services fee. The services under each of these Plans may include, among others, providing general shareholder liaison services (including responding to shareholder inquiries), providing information on shareholder investments, and establishing and maintaining shareholder accounts and records. The Funds may pay a fee under the Plan up to an annual rate of 0.40% (except for Conservative Allocation Strategy which may pay 0.20%) of average daily net assets of a Fund’s I Shares or A Shares.
Other Fees — The Investment Adviser provides compliance and certain administrative services to the Trust to ensure compliance with applicable laws and regulations. For the year ended September 30, 2013, the Investment Adviser was paid $ 777,618 for these services. Foreside Compliance Services, LLC (“FCS”) an affiliate of the Distributor, provides an Anti-Money Laundering Officer/ Identity Theft Prevention Officer (“AML Officer”) to the Trust. Fees paid to FCS pursuant to these agreements are reflected on the Statements of Operations as a component of the caption “Other Fees”.
FCS nor any of their officers or employees who serve as an officer of the Trust, has any role in determining the Funds’ investment policies or which securities are to be purchased or sold by the Trust or its Funds. Certain officers or employees of FCS are also officers of the Trust.
Certain officers of the Trust are also officers or employees of the Investment Adviser, FCS and/or the administrator. Such officers receive no fees from the Trust for serving as officers of the Trust.
Each of the Trustees receives an annual retainer and an additional fee for each meeting attended, plus reimbursement for certain expenses incurred. Trustees receive an additional fee for attendance at committee meetings. Information on the aggregate remuneration paid to the Trustees can be found on the Statements of Operations.
62
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
4. | Capital Stock Transactions |
Transactions in capital shares and dollars for the year ended March 31, 2013 and the period ended September 30, 2013 were as follows:
Shares Issued | Shares Issued- Merger | Shares Reinvested | Shares Redeemed | Net Increase (Decrease) in Shares Outstanding | Proceeds from Shares Issued | Issued- Merger | Dividends Reinvested | Cost of Shares Redeemed | Change in Net Assets from Capital Transactions | |||||||||||||||||||||||||||||||
Aggressive Growth Stock Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 546,224 | — | — | (300,382 | ) | 245,842 | $ | 10,820,885 | $ | — | $ | — | $ | (5,567,021 | ) | $ | 5,253,864 | |||||||||||||||||||||||
3/31/2013 | 788,384 | 557,942 | 33,966 | (5,894,902 | ) | (4,514,610 | ) | 11,308,991 | 8,812,408 | 516,966 | (87,762,071 | ) | (67,123,706 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 121,126 | — | — | (27,724 | ) | 93,402 | 2,322,159 | — | — | (477,188 | ) | 1,844,971 | ||||||||||||||||||||||||||||
3/31/2013 | 59,421 | 211,048 | 8,544 | (287,462 | ) | (8,449 | ) | 850,407 | 3,249,658 | 126,281 | (4,108,929 | ) | 117,417 | |||||||||||||||||||||||||||
International Equity Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 129,710 | — | 86,974 | (21,639,209 | ) | (21,422,525 | ) | 1,601,088 | — | 1,073,258 | (269,519,965 | ) | (266,845,619 | ) | ||||||||||||||||||||||||||
3/31/2013 | 304,538 | — | 416,386 | (1,649,890 | ) | (928,966 | ) | 3,324,959 | — | 4,701,003 | (18,175,126 | ) | (10,149,164 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 58 | — | 1,104 | (32,010 | ) | (30,848 | ) | 688 | — | 13,483 | (379,113 | ) | (364,942 | ) | ||||||||||||||||||||||||||
3/31/2013 | 46,148 | — | 6,677 | (173,706 | ) | (120,881 | ) | 456,522 | — | 74,655 | (1,832,975 | ) | (1,301,798 | ) | ||||||||||||||||||||||||||
International Equity Index Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 1,343,650 | — | 9,003,539 | (22,892,165 | ) | (12,544,976 | ) | 12,368,557 | — | 77,250,367 | (197,812,300 | ) | (108,193,376 | ) | ||||||||||||||||||||||||||
3/31/2013 | 4,332,693 | — | 1,348,589 | (16,251,788 | ) | (10,570,506 | ) | 48,282,851 | — | 15,845,914 | (189,428,895 | ) | (125,300,130 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 31,438 | — | 102,747 | (27,659 | ) | 106,526 | 275,042 | — | 871,293 | (254,033 | ) | 892,302 | ||||||||||||||||||||||||||||
3/31/2013 | 40,234 | — | 9,776 | (48,644 | ) | 1,366 | 462,359 | — | 114,083 | (553,606 | ) | 22,836 | ||||||||||||||||||||||||||||
Large Cap Growth Stock Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 1,393,486 | — | — | (2,239,900 | ) | (846,414 | ) | 11,917,879 | — | — | (19,479,831 | ) | (7,561,952 | ) | ||||||||||||||||||||||||||
3/31/2013 | 8,762,312 | 3,492,724 | 6,542,464 | (18,751,521 | ) | 45,979 | 79,445,415 | 28,329,532 | 60,617,967 | (182,678,497 | ) | (14,285,583 | ) | |||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 532,084 | — | — | (755,841 | ) | (223,757 | ) | 3,963,643 | — | — | (5,761,362 | ) | (1,797,719 | ) | ||||||||||||||||||||||||||
3/31/2013 | 158,522 | 2,081,782 | 2,317,669 | (616,140 | ) | 3,941,833 | 1,681,719 | 14,767,859 | 18,358,150 | (6,317,343 | ) | 28,490,385 | ||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 35,207 | — | — | (398,502 | ) | (363,295 | ) | 208,650 | — | — | (2,358,578 | ) | (2,149,928 | ) | ||||||||||||||||||||||||||
3/31/2013 | 132,952 | 2,887,824 | 1,226,477 | (358,038 | ) | 3,889,215 | 1,079,328 | 16,103,232 | 7,826,769 | (3,007,801 | ) | 22,001,528 | ||||||||||||||||||||||||||||
Large Cap Value Equity Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 11,869,208 | — | — | (13,526,177 | ) | (1,656,969 | ) | 197,001,343 | — | — | (224,917,829 | ) | (27,916,486 | ) | ||||||||||||||||||||||||||
3/31/2013 | 25,077,003 | — | 1,207,277 | (78,972,114 | ) | (52,687,834 | ) | 354,165,533 | — | 16,765,852 | (1,086,885,991 | ) | (715,954,606 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 3,447,868 | — | — | (1,790,197 | ) | 1,657,671 | 56,519,181 | — | — | (29,676,316 | ) | 26,842,865 | ||||||||||||||||||||||||||||
3/31/2013 | 5,227,404 | — | 233,944 | (4,154,538 | ) | 1,306,810 | 72,308,180 | — | 3,234,975 | (57,728,124 | ) | 17,815,031 | ||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 42,155 | — | — | (66,130 | ) | (23,975 | ) | 693,132 | — | — | (1,061,214 | ) | (368,082 | ) | ||||||||||||||||||||||||||
3/31/2013 | 27,761 | — | 9,206 | (235,035 | ) | (198,068 | ) | 386,924 | — | 125,947 | (3,174,972 | ) | (2,662,101 | ) | ||||||||||||||||||||||||||
Mid-Cap Value Equity Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 38,614,329 | — | — | (17,114,875 | ) | 21,499,454 | 523,003,452 | — | — | (232,741,100 | ) | 290,262,352 | ||||||||||||||||||||||||||||
3/31/2013 | 62,732,655 | — | 1,925,608 | (50,367,052 | ) | 14,291,211 | 719,919,716 | — | 22,073,312 | (555,762,209 | ) | 186,230,819 | ||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 7,392,338 | — | — | (5,644,122 | ) | 1,748,216 | 99,595,487 | — | — | (76,475,800 | ) | 23,119,687 | ||||||||||||||||||||||||||||
3/31/2013 | 11,406,198 | — | 461,060 | (13,492,122 | ) | (1,624,864 | ) | 129,440,290 | — | 5,246,696 | (150,886,423 | ) | (16,199,437 | ) | ||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 1,215,102 | — | — | (259,817 | ) | 955,285 | 16,179,901 | — | — | (3,440,216 | ) | 12,739,685 | ||||||||||||||||||||||||||||
3/31/2013 | 995,372 | — | 28,006 | (701,152 | ) | 322,226 | 11,399,374 | — | 318,911 | (7,728,920 | ) | 3,989,365 |
63
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Shares Issued | Shares Issued- Merger | Shares Reinvested | Shares Redeemed | Net Increase (Decrease) in Shares Outstanding | Proceeds from Shares Issued | Issued- Merger | Dividends Reinvested | Cost of Shares Redeemed | Change in Net Assets from Capital Transactions | |||||||||||||||||||||||||||||||
Select Large Cap Growth Stock Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 15,571 | — | — | (270,948 | ) | (255,377 | ) | $ | 412,742 | $— | $ | — | $ | (7,654,502 | ) | $ | (7,241,760 | ) | ||||||||||||||||||||||
3/31/2013 | 37,628 | — | 190,215 | (509,604 | ) | (281,761 | ) | 1,203,212 | — | 4,850,470 | (15,353,795 | ) | (9,300,113 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 4,363 | — | — | — | 4,363 | 121,300 | — | — | — | 121,300 | ||||||||||||||||||||||||||||||
3/31/2013 | 83 | — | 6,442 | (1,257 | ) | 5,268 | 2,453 | — | 160,161 | (33,901 | ) | 128,713 | ||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 942 | — | — | (52,833 | ) | (51,891 | ) | 22,322 | — | — | (1,261,847 | ) | (1,239,525 | ) | ||||||||||||||||||||||||||
3/31/2013 | 4,832 | — | 140,854 | (78,515 | ) | 67,171 | 135,280 | — | 3,029,774 | (2,037,254 | ) | 1,127,800 | ||||||||||||||||||||||||||||
Small Cap Growth Stock Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 1,519,780 | — | — | (1,872,364 | ) | (352,584 | ) | 25,829,576 | — | — | (31,638,445 | ) | (5,808,869 | ) | ||||||||||||||||||||||||||
3/31/2013 | 2,798,661 | — | 2,789,975 | (11,396,095 | ) | (5,807,459 | ) | 45,926,399 | — | 42,259,903 | (180,400,770 | ) | (92,214,468 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 33,404 | — | — | (93,360 | ) | (59,956 | ) | 530,084 | — | — | (1,441,776 | ) | (911,692 | ) | ||||||||||||||||||||||||||
3/31/2013 | 60,266 | — | 149,202 | (122,170 | ) | 87,298 | 903,912 | — | 2,088,761 | (1,867,429 | ) | 1,125,244 | ||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 572 | — | — | (45,395 | ) | (44,823 | ) | 7,207 | — | — | (557,477 | ) | (550,270 | ) | ||||||||||||||||||||||||||
3/31/2013 | 4,954 | — | 143,157 | (158,324 | ) | (10,213 | ) | 64,955 | — | 1,652,832 | (2,090,516 | ) | (372,729 | ) | ||||||||||||||||||||||||||
Small Cap Value Equity Fund |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 8,430,452 | — | — | (10,301,434 | ) | (1,870,982 | ) | 133,919,008 | — | — | (165,205,095 | ) | (31,286,087 | ) | ||||||||||||||||||||||||||
3/31/2013 | 29,517,746 | — | 3,934,578 | (27,033,313 | ) | 6,419,011 | 394,490,003 | — | 54,130,475 | (368,373,204 | ) | 80,247,274 | ||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 1,058,329 | — | — | (1,459,344 | ) | (401,015 | ) | 16,376,858 | — | — | (22,971,013 | ) | (6,594,155 | ) | ||||||||||||||||||||||||||
3/31/2013 | 2,673,326 | — | 502,626 | (3,692,806 | ) | (516,854 | ) | 36,010,599 | — | 6,803,700 | (49,797,465 | ) | (6,983,166 | ) | ||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 48,380 | — | — | (205,187 | ) | (156,807 | ) | 721,533 | — | — | (3,055,471 | ) | (2,333,938 | ) | ||||||||||||||||||||||||||
3/31/2013 | 242,514 | — | 96,752 | (786,699 | ) | (447,433 | ) | 3,113,186 | — | 1,253,054 | (10,175,062 | ) | (5,808,822 | ) | ||||||||||||||||||||||||||
Aggressive Growth Allocation Strategy |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 128,071 | — | — | (500,171 | ) | (372,100 | ) | 1,169,656 | — | — | (4,667,103 | ) | (3,497,447 | ) | ||||||||||||||||||||||||||
3/31/2013 | 350,315 | — | 21,814 | (531,727 | ) | (159,598 | ) | 2,953,940 | — | 182,013 | (4,430,143 | ) | (1,294,190 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 18,770 | — | — | (11,995 | ) | 6,775 | 171,333 | — | — | (110,287 | ) | 61,046 | ||||||||||||||||||||||||||||
3/31/2013 | 31,340 | — | 4,364 | (163,451 | ) | (127,747 | ) | 259,482 | — | 36,257 | (1,351,281 | ) | (1,055,542 | ) | ||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 1,371 | — | — | (12,330 | ) | (10,959 | ) | 12,300 | — | — | (108,788 | ) | (96,488 | ) | ||||||||||||||||||||||||||
3/31/2013 | 4,422 | — | 431 | (21,962 | ) | (17,109 | ) | 35,875 | — | 3,554 | (180,543 | ) | (141,114 | ) | ||||||||||||||||||||||||||
Conservative Allocation Strategy |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 293,867 | — | — | (358,268 | ) | (64,401 | ) | 3,700,823 | — | — | (4,513,305 | ) | (812,482 | ) | ||||||||||||||||||||||||||
3/31/2013 | 1,022,598 | — | 50,141 | (648,506 | ) | 424,233 | 12,555,695 | — | 613,108 | (7,992,721 | ) | 5,176,082 | ||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 53,576 | — | — | (153,817 | ) | (100,241 | ) | 673,121 | — | — | (1,935,519 | ) | (1,262,398 | ) | ||||||||||||||||||||||||||
3/31/2013 | 275,304 | — | 45,505 | (952,163 | ) | (631,354 | ) | 3,384,054 | — | 556,374 | (11,592,246 | ) | (7,651,818 | ) | ||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 170,434 | — | — | (153,996 | ) | 16,438 | 2,119,300 | — | — | (1,914,663 | ) | 204,637 | ||||||||||||||||||||||||||||
3/31/2013 | 399,970 | — | 26,155 | (206,682 | ) | 219,443 | 4,893,645 | — | 317,879 | (2,528,423 | ) | 2,683,101 |
64
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Shares Issued | Shares Issued- Merger | Shares Reinvested | Shares Redeemed | Net Increase (Decrease) in Shares Outstanding | Proceeds from Shares Issued | Issued- Merger | Dividends Reinvested | Cost of Shares Redeemed | Change in Net Assets from Capital Transactions | |||||||||||||||||||||||||||||||
Growth Allocation Strategy |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 431,133 | — | — | (943,207 | ) | (512,074 | ) | $ | 4,976,294 | $— | $ | — | $(10,956,270 | ) | $(5,979,976 | ) | ||||||||||||||||||||||||
3/31/2013 | 1,299,488 | — | 69,802 | (1,834,564 | ) | (465,274 | ) | 13,790,952 | — | 737,347 | (19,498,083 | ) | (4,969,784 | ) | ||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 30,768 | — | — | (56,160 | ) | (25,392 | ) | 351,153 | — | — | (649,370 | ) | (298,217 | ) | ||||||||||||||||||||||||||
3/31/2013 | 58,650 | — | 11,031 | (316,332 | ) | (246,651 | ) | 624,908 | — | 116,319 | (3,380,801 | ) | (2,639,574 | ) | ||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 26,670 | — | — | (16,769 | ) | 9,901 | 312,208 | — | — | (191,230 | ) | 120,978 | ||||||||||||||||||||||||||||
3/31/2013 | 19,707 | — | 1,761 | (53,088 | ) | (31,620 | ) | 207,384 | — | 18,512 | (555,888 | ) | (329,992 | ) | ||||||||||||||||||||||||||
Moderate Allocation Strategy |
| |||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 941,854 | — | — | (2,405,818 | ) | (1,463,964 | ) | 10,612,066 | — | — | (26,887,611 | ) | (16,275,545 | ) | ||||||||||||||||||||||||||
3/31/2013 | 3,122,940 | — | 413,981 | (3,326,842 | ) | 210,079 | 33,410,361 | — | 4,414,077 | (36,008,340 | ) | 1,816,098 | ||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 71,951 | — | — | (166,634 | ) | (94,683 | ) | 809,962 | — | — | (1,884,279 | ) | (1,074,317 | ) | ||||||||||||||||||||||||||
3/31/2013 | 98,860 | — | 54,504 | (277,543 | ) | (124,179 | ) | 1,059,492 | — | 580,399 | (2,975,776 | ) | (1,335,885 | ) | ||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||
9/30/2013 | 50,339 | — | — | (93,598 | ) | (43,259 | ) | 557,778 | — | — | (1,050,694 | ) | (492,916 | ) | ||||||||||||||||||||||||||
3/31/2013 | 74,145 | — | 32,577 | (230,845 | ) | (124,123 | ) | 792,237 | — | 345,909 | (2,449,474 | ) | (1,311,328 | ) |
5. Investment Transactions
The cost of security purchases and the proceeds from sales and maturities of securities, excluding securities maturing less than one year from acquisition and U.S. government securities, for the period ended September 30, 2013 were as follows:
Fund | Purchases | Sales and Maturities | ||||||
Aggressive Growth Stock Fund | $ | 11,146,144 | $ | 5,368,573 | ||||
International Equity Fund | 22,058,490 | 282,233,724 | ||||||
International Equity Index Fund | 16,837,180 | 202,770,204 | ||||||
Large Cap Growth Stock Fund | 33,357,986 | 48,123,738 | ||||||
Large Cap Value Equity Fund | 723,917,116 | 723,524,325 | ||||||
Mid-Cap Value Equity Fund | 1,863,848,228 | 1,528,166,615 | ||||||
Select Large Cap Growth Stock Fund | 6,658,312 | 14,734,795 | ||||||
Small Cap Growth Stock Fund | 89,121,844 | 94,944,872 | ||||||
Small Cap Value Equity Fund | 119,573,977 | 147,794,423 | ||||||
Aggressive Growth Allocation Strategy | 1,224,998 | 4,745,790 | ||||||
Conservative Allocation Strategy | 5,700,608 | 7,381,248 | ||||||
Growth Allocation Strategy | 4,465,342 | 10,504,991 | ||||||
Moderate Allocation Strategy | 7,095,167 | 24,038,843 |
6. | Federal Income Tax Information |
The following information is presented on an income tax basis and takes into consideration differences between amounts for financial statement and income tax purposes. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature (i.e., foreign currency transactions and return of capital on securities) such amounts are reclassified within the composition of net assets based on their U.S. federal tax-basis treatment; temporary differences do not require reclassification.
65
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
The cost of investments and aggregate gross unrealized appreciation and depreciation for securities held by the Funds at September 30, 2013 were as follows:
Fund | Cost | Aggregate Gross Unrealized Appreciation | Aggregate Gross Unrealized (Depreciation) | Net Unrealized Appreciation (Depreciation) | ||||||||||||
Aggressive Growth Stock Fund | $ | 17,876,348 | $ | 14,934,701 | $ | (110,050 | ) | $ | 14,824,651 | |||||||
International Equity Fund | 22,308,002 | 8,098,352 | (229,313 | ) | 7,869,039 | |||||||||||
International Equity Index Fund | 32,701,579 | 26,700,495 | (2,284,149 | ) | 24,416,346 | |||||||||||
Large Cap Growth Stock Fund | 182,039,167 | 95,334,002 | (1,147,662 | ) | 94,186,340 | |||||||||||
Large Cap Value Equity Fund | 1,525,638,479 | 431,556,175 | (8,572,872 | ) | 422,983,303 | |||||||||||
Mid-Cap Value Equity Fund | 3,049,862,137 | 432,133,765 | (77,007,322 | ) | 355,126,443 | |||||||||||
Select Large Cap Growth Stock | 21,150,105 | 8,723,762 | (16,297 | ) | 8,707,465 | |||||||||||
Small Cap Growth Stock Fund | 169,010,788 | 55,118,145 | (1,737,639 | ) | 53,380,506 | |||||||||||
Small Cap Value Equity Fund | 1,287,893,378 | 486,129,050 | (21,701,776 | ) | 464,427,274 | |||||||||||
Aggressive Growth Allocation Strategy | 17,414,425 | 4,455,511 | (314,088 | ) | 4,141,423 | |||||||||||
Conservative Allocation Strategy | 55,754,766 | 4,235,901 | (1,162,201 | ) | 3,073,700 | |||||||||||
Growth Allocation Strategy | 53,529,043 | 11,867,305 | (616,130 | ) | 11,251,175 | |||||||||||
Moderate Allocation Strategy | 142,661,851 | 21,695,933 | (1,877,978 | ) | 19,817,955 |
The tax character of distributions paid to shareholders during the period ended March 31, 2013 was as follows :
Distributions paid from | ||||||||||||||||
Fund | Net Investment Income** | Net Long Term Capital Gains | Return of Capital | Total Distributions Paid* | ||||||||||||
Aggressive Growth Stock Fund | $ | — | $ | 2,009,391 | $ | — | $ | 2,009,391 | ||||||||
International Equity Fund | 5,025,278 | — | — | 5,025,278 | ||||||||||||
International Equity Index Fund | 10,553,137 | 6,132,178 | — | 16,685,315 | ||||||||||||
Large Cap Growth Stock Fund | 1,385,081 | 109,806,620 | — | 111,191,701 | ||||||||||||
Large Cap Value Equity Fund | 26,153,792 | — | — | 26,153,792 | ||||||||||||
Mid-Cap Value Equity Fund | 31,008,758 | — | — | 31,008,758 | ||||||||||||
Select Large Cap Growth Stock Fund | — | 8,493,940 | — | 8,493,940 | ||||||||||||
Small Cap Growth Stock Fund | — | 51,737,625 | — | 51,737,625 | ||||||||||||
Small Cap Value Equity Fund | 23,854,316 | 40,231,084 | — | 64,085,400 | ||||||||||||
Aggressive Growth Allocation Strategy | 229,343 | — | — | 229,343 | ||||||||||||
Conservative Allocation Strategy | 1,277,134 | 501,787 | — | 1,778,921 | ||||||||||||
Growth Allocation Strategy | 877,476 | — | — | 877,476 | ||||||||||||
Moderate Allocation Strategy | 2,799,033 | 2,686,735 | — | 5,485,768 |
* | Total distributions paid are recognized on a when declared basis for the year ended March 31, 2013. |
** | Net Investment income includes taxable market discount income and net short-term capital gains, if any. |
Amounts designated as “—” are $0 or have been rounded to $0.
As of March 31, 2013, the components of distributable earnings (accumulated losses) on a federal income tax basis were as follows:
Fund | Undistributed Ordinary Income | Undistributed Long Term Capital Gains | Net Unrealized Appreciation** | Loss Carryforwards and Deferrals | Total | |||||||||||||||
Aggressive Growth Stock Fund | $ | — | $ | 911,947 | $ | 10,019,464 | $ | (4,086,617 | ) | $ | 6,844,794 | |||||||||
International Equity Fund | 1,108,983 | — | 38,201,971 | (291,232,150 | ) | (251,921,196 | ) | |||||||||||||
International Equity Index Fund | 2,880,222 | 22,829,404 | 79,101,385 | — | 104,811,011 | |||||||||||||||
Large Cap Growth Stock Fund | 432,258 | 19,467,426 | 67,850,471 | (6,559,495 | ) | 81,190,660 | ||||||||||||||
Large Cap Value Equity Fund | 11,719,010 | 74,818,189 | 351,539,050 | — | 438,076,249 | |||||||||||||||
Mid-Cap Value Equity Fund | 160,740,166 | 12,326,520 | 296,816,083 | — | 469,882,769 |
66
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Fund | Undistributed Ordinary Income | Undistributed Long Term Capital Gains | Net Unrealized Appreciation** | Loss Carryforwards and Deferrals | Total | |||||||||||||||
Select Large Cap Growth Stock Fund | $ | — | $ | 2,189,121 | $ | 7,318,252 | $ | (171,799 | ) | $ | 9,335,574 | |||||||||
Small Cap Growth Stock Fund | 2,718,205 | 4,084,933 | 39,394,089 | — | 46,197,227 | |||||||||||||||
Small Cap Value Equity Fund | 8,510,324 | 24,400,936 | 326,485,688 | — | 359,396,948 | |||||||||||||||
Aggressive Growth Allocation Strategy | 5,342 | 2,296,470 | 1,985,209 | — | 4,287,021 | |||||||||||||||
Conservative Allocation Strategy | 141,819 | 2,351,443 | 1,802,341 | — | 4,295,603 | |||||||||||||||
Growth Allocation Strategy | 56,060 | 5,935,728 | 6,173,922 | — | 12,165,710 | |||||||||||||||
Moderate Allocation Strategy | 310,429 | 11,065,744 | 12,237,451 | — | 23,613,624 |
** | The differences between book-basis and tax-basis unrealized appreciation is attributable primarily to: tax deferral of losses on wash sales, the realization for tax purposes of unrealized gains/losses on investments in passive foreign investment companies, return of capital adjustments, forward contracts marked to market and partnership basis adjustments. |
The Funds utilize the provisions of the federal income tax laws that provide for the carryforward of capital losses from prior years, offsetting such losses against any future realized capital gains. Under the Regulated Investment Company Modernization Act of 2010 (the “Act”), net capital losses recognized in taxable years beginning after December 22, 2010 (“post-enactment”), may be carried forward indefinitely, and their character is retained as short-term and/or long-term losses. Previously, net capital losses were carried forward for eight years and treated as short-term losses (“pre-enactment”). The Act requires that post-enactment net capital losses be used before pre-enactment net capital losses.
As of March 31, 2013, the post-enactment accumulated short-term and long-term capital loss carryforwards were as follows:
Fund | Short Term | Long Term | Total | |||||||||
Aggressive Growth Stock Fund* | $ | 2,132,646 | $ | — | $ | 2,132,646 | ||||||
International Equity Fund | 2,478,067 | — | 2,478,067 |
* | Of the $2,750,901 of capital loss carryforwards acquired on April 27, 2012, in the merger with the RidgeWorth Emerging Growth Stock Fund and subject to limitations as a result of this acquisition, $618,255 of capital loss carryforward was utilized. The remaining $2,132,646 has no expiration date. |
As of March 31, 2013, the pre-enactment accumulated capital loss carryforwards and expiration dates were as follows:
Expires | ||||||||||||
Fund | 2017 | 2018 | Total | |||||||||
Aggressive Growth Stock Fund* | $ | 1,857,837 | $ | — | $ | 1,857,837 | ||||||
International Equity Fund | 57,407,718 | 231,346,365 | 288,754,083 | |||||||||
Large Cap Growth Stock Fund** | 6,559,495 | — | 6,559,495 |
* | Of the $20,295,452 of capital loss carryforwards acquired on April 27, 2012, in the merger with the RidgeWorth Emerging Growth Stock Fund and subject to limitations as a result of this acquisition, $18,437,615 was written off as capital loss carryforward lost unused. The remaining $1,857,837 will expire in 2017. |
** | Of the $136,363,735 of capital loss carryforwards acquired on March 1, 2013, in the merger with the RidgeWorth Large Cap Core Growth Stock Fund and subject to limitations as a result of this acquisition, $129,669,456 was written off as capital loss carryforward lost unused, $134,784 was utilized, and the remaining $6,559,495, will expire in 2017. |
During the year ended March 31, 2013, the following Funds utilized capital loss carryforwards as follows:
Fund | Amount | |||
Aggressive Growth Stock Fund | $ | 20,867,404 | ||
Large Cap Growth Stock Fund | 134,784 | |||
Large Cap Value Equity Fund | 71,161,454 | |||
Mid-Cap Value Equity Fund | 57,099,581 | |||
Aggressive Growth Allocation Strategy | 365,462 | |||
Growth Allocation Strategy | 579,855 |
67
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Net capital losses incurred after October 31, and within the taxable year, are deemed to arise on the first business day of the Funds’ next taxable year. During the year ended March 31, 2013, the following Funds had net capital losses:
Fund | Amount | |||
Select Large Cap Growth Stock Fund | $ | 134,783 |
Pursuant to federal income tax rules applicable to regulated investment companies, the Funds may elect to treat certain capital losses, between November 1 and March 31, and late year ordinary losses (i) ordinary losses between January 1 and March 31, and (ii) specified ordinary and currency losses between November 1 and March 31 as occurring on the first day of the following tax year. For the year ended March 31, 2013, any amount of losses elected within the tax return will not be recognized for federal income tax purposes until April 1, 2013.
7. | Investments in Affiliated Issuers |
Affiliated holdings are holdings in mutual funds which are managed by the Investment Adviser or an affiliate of the Investment Adviser or which are distributed by an affiliate of the Funds’ distributor. With respect to each Fund, the Investment Adviser was paid an investment advisory fee by the affiliated investments listed beneath its name below. Investments in affiliated issuers at September 30, 2013 were as follows:
Name of Affiliated Issuer | Share Balance at March 31, 2013 | Purchases | Sales | Share Balance at September 30, 2013 | Value at September 30, 2013 | Dividend Income | Realized Gain Distributions | Net Realized Gain (Loss) | ||||||||||||||||||||||||
Aggressive Growth Allocation Strategy |
| |||||||||||||||||||||||||||||||
RidgeWorth Aggressive Growth Stock Fund | 2,828 | — | 2,828 | — | $ | — | $ | — | $ | — | $ | 21,902 | ||||||||||||||||||||
RidgeWorth Corporate Bond Fund | 848 | 13 | 232 | 629 | 5,545 | 115 | — | (165 | ) | |||||||||||||||||||||||
RidgeWorth High Income Fund | 35,463 | 864 | 16,411 | 19,916 | 142,202 | 6,258 | — | 1,595 | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund | 15,418 | 6 | 15,280 | 144 | 1,459 | 63 | — | (3,382 | ) | |||||||||||||||||||||||
RidgeWorth International Equity Fund | 118,661 | 459 | 11,159 | 107,961 | 1,379,738 | 5,660 | — | 7,433 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 2,272 | 1,171 | — | 3,443 | 31,026 | 181 | 9,871 | — | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 554,025 | 11,719 | — | 565,744 | 5,289,704 | — | — | — | ||||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 303,311 | 7,231 | 46,697 | 263,845 | 4,593,539 | — | — | 196,922 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 150,309 | 1,147 | 18,925 | 132,531 | 1,887,242 | — | — | 69,096 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund | 17,638 | 2,605 | 2,053 | 18,190 | 163,531 | 3,390 | — | (67 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund | 26,407 | 689 | 12,477 | 14,619 | 145,749 | 6,977 | — | 626 | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund | 58,949 | — | 33,146 | 25,803 | 774,872 | — | — | 56,814 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 52,549 | 619 | 7,763 | 45,405 | 850,445 | — | — | 19,039 | ||||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 53,752 | 658 | 8,398 | 46,012 | 783,581 | — | — | 40,156 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund | 253,200 | 8,717 | 70,095 | 191,822 | 2,006,454 | 21,209 | — | (47,337 | ) |
68
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Name of Affiliated Issuer | Share Balance at March 31, 2013 | Purchases | Sales | Share Balance at September 30, 2013 | Value at September 30, 2013 | Dividend Income | Realized Gain Distributions | Net Realized Gain (Loss) | ||||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 18,000 | 38 | 6,790 | 11,248 | 113,603 | 387 | — | (128 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total | $ | 18,168,690 | $ | 44,240 | $ | 9,871 | $ | 362,504 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||||||||||||||
Conservative Allocation Strategy |
| |||||||||||||||||||||||||||||||
RidgeWorth Aggressive Growth Stock Fund | 2,596 | — | 2,596 | — | $ | — | $ | — | $ | — | $ | 19,927 | ||||||||||||||||||||
RidgeWorth Corporate Bond Fund | 9,381 | 147 | — | 9,528 | 83,941 | 1,321 | — | — | ||||||||||||||||||||||||
RidgeWorth High Income Fund | 322,284 | 8,973 | 45,969 | 285,288 | 2,036,960 | 64,863 | — | (6,920 | ) | |||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund | 151,145 | 225 | 150,093 | 1,277 | 12,897 | 2,301 | — | (10,859 | ) | |||||||||||||||||||||||
RidgeWorth International Equity Fund | 115,672 | 5,197 | 2,046 | 118,823 | 1,518,555 | 5,595 | — | 222 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 3,727 | 1,922 | — | 5,649 | 50,894 | 297 | 16,192 | — | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 580,122 | 39,809 | — | 619,931 | 5,796,353 | — | — | — | ||||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 308,743 | 12,632 | 23,747 | 297,628 | 5,181,698 | — | — | 47,703 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 150,552 | 3,308 | 4,459 | 149,401 | 2,127,464 | — | — | 3,566 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund | 179,449 | 40,237 | — | 219,686 | 1,974,979 | 36,141 | — | — | ||||||||||||||||||||||||
RidgeWorth Seix High Yield Fund | 256,212 | 6,989 | 51,270 | 211,931 | 2,112,950 | 70,706 | — | (10,876 | ) | |||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund | 53,272 | — | 18,908 | 34,364 | 1,031,956 | — | — | (22,921 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 52,478 | 277 | 1,742 | 51,013 | 955,470 | — | — | 3,365 | ||||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 53,578 | 300 | 1,882 | 51,996 | 885,498 | — | — | 4,772 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund | 2,604,637 | 219,832 | 212,443 | 2,612,026 | 27,321,790 | 241,199 | — | (138,047 | ) | |||||||||||||||||||||||
RidgeWorth Institutional U.S. Government Securities Ultra-Short Bond Fund | 207,684 | 24,318 | 49,358 | 182,644 | 1,844,703 | 5,626 | — | 968 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total | $ | 52,936,108 | $ | 428,049 | $ | 16,192 | $ | (109,100 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||||||||||||||
Growth Allocation Strategy |
| |||||||||||||||||||||||||||||||
RidgeWorth Aggressive Growth Stock Fund | 5,072 | — | 5,072 | — | $ | — | $ | — | $ | — | $ | 40,529 | ||||||||||||||||||||
RidgeWorth Corporate Bond Fund | 3,934 | 62 | — | 3,996 | 35,203 | 554 | — | — | ||||||||||||||||||||||||
RidgeWorth High Income Fund | 188,708 | 4,395 | 87,331 | 105,772 | 755,214 | 31,840 | — | 16,116 | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund | 66,503 | 37 | 66,384 | 156 | 1,574 | 382 | — | (428 | ) | |||||||||||||||||||||||
RidgeWorth International Equity Fund | 303,884 | 1,159 | 31,290 | 273,753 | 3,498,557 | 14,300 | — | 4,829 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 3,790 | 1,954 | — | 5,744 | 51,754 | 302 | 16,466 | — | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 1,376,930 | 56,981 | — | 1,433,911 | 13,407,064 | — | — | — |
69
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Name of Affiliated Issuer | Share Balance at March 31, 2013 | Purchases | Sales | Share Balance at September 30, 2013 | Value at September 30, 2013 | Dividend Income | Realized Gain Distributions | Net Realized Gain (Loss) | ||||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 774,279 | 5,968 | 84,770 | 695,477 | 12,108,257 | — | — | 352,617 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 378,910 | — | 30,261 | 348,649 | 4,964,757 | — | — | 108,858 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund | 79,556 | 15,125 | — | 94,681 | 851,186 | 15,772 | — | — | ||||||||||||||||||||||||
RidgeWorth Seix High Yield Fund | 137,247 | 3,490 | 54,429 | 86,308 | 860,488 | 35,340 | — | 28,176 | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund | 148,432 | — | 64,624 | 83,808 | 2,516,760 | — | — | 101,736 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 131,660 | — | 12,871 | 118,789 | $ | 2,224,911 | $ | — | $ | — | $ | 26,338 | ||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 134,781 | — | 13,659 | 121,122 | 2,062,714 | — | — | 44,608 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund | 1,149,972 | 75,900 | 158,962 | 1,066,910 | 11,159,883 | 102,292 | — | (97,876 | ) | |||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 59,269 | 16,010 | 7,394 | 67,885 | 685,636 | 1,702 | — | (51 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total | $ | 55,183,958 | $ | 202,484 | $ | 16,466 | $ | 625,452 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||||||||||||||
Moderate Allocation Strategy |
| |||||||||||||||||||||||||||||||
RidgeWorth Corporate Bond Fund | 19,956 | 147 | 16,684 | 3,419 | $ | 30,121 | $ | 1,342 | $ | — | $ | (4,927 | ) | |||||||||||||||||||
RidgeWorth High Income Fund | 816,510 | 19,246 | 334,937 | 500,819 | 3,575,850 | 139,401 | — | 45,056 | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund | 129,271 | 108 | 128,087 | 1,292 | 13,053 | 1,121 | — | 6,635 | ||||||||||||||||||||||||
RidgeWorth International Equity Fund | 555,833 | 2,110 | 44,203 | 513,740 | 6,565,600 | 26,035 | — | (25,216 | ) | |||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 18,046 | 9,221 | 18,371 | 8,896 | 80,154 | 1,424 | 77,691 | 833 | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 2,626,241 | 35,068 | 14,833 | 2,646,476 | 24,744,547 | — | — | (70,944 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 1,480,871 | — | 197,513 | 1,283,358 | 22,343,258 | — | — | 758,467 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 727,258 | — | 84,559 | 642,699 | 9,152,029 | — | — | 209,154 | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund | 362,831 | 52,384 | — | 415,215 | 3,732,785 | 70,423 | — | — | ||||||||||||||||||||||||
RidgeWorth Seix High Yield Fund | 579,165 | 14,773 | 193,945 | 399,993 | 3,987,933 | 149,588 | — | 63,457 | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund | 275,025 | — | 118,766 | 156,259 | 4,692,447 | — | — | 155,547 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 246,656 | — | 29,033 | 217,623 | 4,076,077 | — | — | 36,887 | ||||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 252,549 | — | 30,590 | 221,959 | 3,779,954 | — | — | 64,914 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund | 5,397,450 | 58,958 | 412,819 | 5,043,589 | 52,755,944 | 475,329 | — | (278,597 | ) | |||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 281,047 | 163,115 | 83,798 | 360,365 | 3,639,687 | 7,396 | — | (1,054 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total | $ | 143,169,439 | $ | 872,059 | $ | 77,691 | $ | 960,212 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
70
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NOTES TO FINANCIAL STATEMENTS (concluded)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
8. | Subsequent Events |
Management has evaluated subsequent events through the date these financial statements were issued. Management has determined, except as set forth below, that there are no material events that would require disclosure in the Funds’ financial statements through this date.
On November 15, 2013, all of the Funds entered into a committed unsecured revolving line of credit agreement (“LOC”) with State Street Bank and Trust (“State Street Bank”) for an aggregate amount of $100,000,000. The proceeds may be used only to: (1) temporarily finance the purchase and sale of securities; or (2) finance the redemption of shares of the Funds. The Funds will pay a commitment fee to State Street Bank in the amount of 0.10% per annum on the daily unused portion of the LOC. Borrowings under the LOC will accrue interest at the higher of (a) the Federal Funds Rate, or (b) the One-Month LIBOR Rate, plus a specified margin per annum. Generally, repayments must be made within 60 days of the borrowings.
71
Table of Contents
TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Information pertaining to the Independent Trustees of the Trust is set forth below.
Name and Age | Position Held With the Trust | Term of Office and Length of Time Served | Principal Occupation(s) During the Past 5 Years | Number of Portfolios in the RidgeWorth Complex Overseen by Trustees | Other Directorships Held By Trustee During the Past 5 Years | |||||||
Tim E. Bentsen Age: 60 | Trustee | Indefinite; since 2012 | Retired. Audit Partner and Account Executive (1993-2012); Lead Area Managing Partner (2005-2009); Office Managing Partner (2003-2009), KPMG LLP. | 33 | None | |||||||
Jeffrey M. Biggar Age: 63 | Trustee | Indefinite; since 2007 | Director of Special Gifts for Hawken School (since May 2013); Managing Director, Little Mountain Group, LLC (an independent Registered Investment Advisor consulting firm) (2011-2013); Chief Operating Officer, Cedar Brook Financial Partners LLC (2008-2010); Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2000-2006). | 33 | Multi-Manager Master Portfolios LLC (3 portfolios) | |||||||
George C. Guynn Age: 70 | Trustee | Indefinite; since 2008 | Retired. President (1996-2006) and Chief Executive Officer (1995-2006) Federal Reserve Bank of Atlanta. | 33 | Genuine Parts Company; Oxford Industries; Multi-Manager Master Portfolios LLC (3 portfolios); formerly, Acuity Brands Inc. (through May 2013) | |||||||
Sidney E. Harris Age: 64 | Trustee | Indefinite; since 2004 | Professor (since 1997), Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University. | 33 | Total System Services, Inc.; Multi-Manager Master Portfolios LLC (3 portfolios) | |||||||
Warren Y. Jobe Age: 72 | Trustee | Indefinite; since 2004 | Retired. Executive Vice President and Chief Financial Officer, Georgia Power Company (1982-1998) and Senior Vice President, Southern Company (1998-2001). | 33 | WellPoint, Inc.; UniSource Energy Corp. | |||||||
Connie D. McDaniel Age: 55 | Trustee | Indefinite; since 2005 | Retired. Vice President, Chief of Internal Audit, Corporate Audit Department (2009-May 2013); Vice President Global Finance Transformation (2007-2009); Vice President and Controller (1999-2007), The Coca-Cola Company. | 33 | None |
72
Table of Contents
TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS (concluded)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Name, Address and Age | Position(s) Held With the Trust | Term of Office and Length of Time Served | Principal Occupation(s) During the Past 5 Years | |||
TRUST OFFICERS | ||||||
Julia R. Short Age: 40 | President and Chief Executive Officer | One year; since 2007 | Managing Director, Product Manager, RidgeWorth Investments (since 2004). | |||
Joseph M. O’Donnell Age: 58 | Executive Vice President and Chief Compliance Officer | One year; since 2011 | Chief Compliance Officer of the ING Funds (2004-2011); Executive Vice President of the ING Funds (2004-2011); Chief Compliance Officer of ING Investments, LLC (2006-2008 and October 2009-2011); and Investment Advisor Chief Compliance Officer, Directed Services LLC (2006-2008 and 2009-2011). | |||
Denise R. Lewis Age: 50 | Treasurer and Chief Financial Officer | One year; since August 2012 | Director of Fund Administration, RidgeWorth Investments (since 2012); Vice President of Fund Analysis and Reporting, ING Investments Management, LLC (2006–2012). | |||
Benjamin H. Lowe Age: 35 | Assistant Treasurer | One year; since March 2012 | Director of Fund Administration, RidgeWorth Investments (since 2011); Fund Controller, ALPS Fund Services, Inc. (2005-2011). | |||
James Bacik State Street Bank and Trust Co. 4 Copley Place, 5th Fl. Boston, MA 02116 Age: 38 | Assistant Treasurer | One year; since 2010 | Vice President, State Street Bank and Trust Company (since 2001).1 | |||
James M. Atwood2 Foreside Compliance Services, LLC Three Canal Plaza, Suite 100 Portland, ME 04101 Age: 48 | Anti-Money Laundering Officer and Identity Theft Prevention Officer | One year; since 2010 | Compliance Analyst, Foreside Compliance Services, LLC (since 2007). | |||
Francine S. Hayes State Street Bank and Trust Company Mailstop CPH 0326 4 Copley Place Boston, MA 02116 Age: 45 | Secretary and Chief Legal Officer | One year; since August 2012 | Vice President and Managing Counsel, State Street Bank and Trust Company (since 1995).1 | |||
Julie Tedesco2 State Street Bank and Trust Company Mailstop CPH 0326 4 Copley Place Boston, MA 02116 Age: 56 | Assistant Secretary | One year; since November 2012 | Senior Vice President and Senior Managing Counsel, State Street Bank and Trust Company (since 2000).1 |
1 | During the year indicated the Officer has held various positions at State Street Bank and Trust Company and has provided his or her current title. |
2 | Resigned as an officer of the Trust effective October 11, 2013. |
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Expense Examples
As a shareholder of the RidgeWorth Funds, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchases; and (2) ongoing costs, including management fees, 12b-1 distribution and/or service fees, and other Fund expenses. These examples are intended to help you understand your ongoing costs (in dollars) of investing in the RidgeWorth Funds and to compare these costs with the ongoing costs of investing in other mutual funds.
These examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2013 through September 30, 2013.
Actual Expenses
The table below provides information about actual account values and actual expenses. You may use the information below, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the table under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.
Fund | Class | Beginning Account Value 04/01/13 | Ending Account Value 09/30/13 | Expenses Paid During Period* 04/01/13-09/30/13 | Expense Ratio During Period** 04/01/13-09/30/13 | |||||||||||||||
Aggressive Growth Stock Fund | I Shares | $1,000.00 | $1,351.90 | $7.61 | 1.29 | % | ||||||||||||||
A Shares | 1,000.00 | 1,349.60 | 8.60 | 1.46 | ||||||||||||||||
International Equity Fund | I Shares | 1,000.00 | 1,102.20 | 6.17 | 1.17 | |||||||||||||||
A Shares | 1,000.00 | 1,104.20 | 7.86 | 1.49 | ||||||||||||||||
International Equity Index Fund | I Shares | 1,000.00 | 1,134.20 | 4.01 | 0.75 | |||||||||||||||
A Shares | 1,000.00 | 1,132.30 | 5.45 | 1.02 | ||||||||||||||||
Large Cap Growth Stock Fund | I Shares | 1,000.00 | 1,125.20 | 4.95 | 0.93 | |||||||||||||||
A Shares | 1,000.00 | 1,123.80 | 6.23 | 1.17 | ||||||||||||||||
C Shares | 1,000.00 | 1,120.80 | 9.84 | 1.85 | ||||||||||||||||
Large Cap Value Equity Fund | I Shares | 1,000.00 | 1,104.70 | 4.85 | 0.92 | |||||||||||||||
A Shares | 1,000.00 | 1,104.00 | 6.28 | 1.19 | ||||||||||||||||
C Shares | 1,000.00 | 1,101.20 | 9.01 | 1.71 | ||||||||||||||||
Mid-Cap Value Equity Fund | I Shares | 1,000.00 | 1,090.40 | 5.66 | 1.08 | |||||||||||||||
A Shares | 1,000.00 | 1,088.00 | 7.07 | 1.35 | ||||||||||||||||
C Shares | 1,000.00 | 1,086.10 | 9.26 | 1.77 | ||||||||||||||||
Select Large Cap Growth Stock Fund | I Shares | 1,000.00 | 1,115.90 | 5.73 | 1.08 | |||||||||||||||
A Shares | 1,000.00 | 1,114.40 | 7.10 | 1.34 | ||||||||||||||||
C Shares | 1,000.00 | 1,110.40 | 10.79 | 2.04 | ||||||||||||||||
Small Cap Growth Stock Fund | I Shares | 1,000.00 | 1,196.00 | 7.10 | 1.29 | |||||||||||||||
A Shares | 1,000.00 | 1,195.00 | 7.15 | 1.30 | ||||||||||||||||
C Shares | 1,000.00 | 1,191.20 | 10.71 | 1.95 | ||||||||||||||||
Small Cap Value Equity Fund | I Shares | 1,000.00 | 1,102.30 | 6.32 | 1.20 | |||||||||||||||
A Shares | 1,000.00 | 1,100.10 | 7.84 | 1.49 | ||||||||||||||||
C Shares | 1,000.00 | 1,098.10 | 9.84 | 1.87 | ||||||||||||||||
Aggressive Growth Allocation Strategy | I Shares | 1,000.00 | 1,077.10 | 2.60 | 0.50 | |||||||||||||||
A Shares | 1,000.00 | 1,075.50 | 3.64 | 0.70 | ||||||||||||||||
C Shares | 1,000.00 | 1,073.60 | 6.76 | 1.30 | ||||||||||||||||
Conservative Allocation Strategy | I Shares | 1,000.00 | 1,018.30 | 1.52 | 0.30 | |||||||||||||||
A Shares | 1,000.00 | 1,016.80 | 3.03 | 0.60 | ||||||||||||||||
C Shares | 1,000.00 | 1,012.90 | 6.56 | 1.30 | ||||||||||||||||
Growth Allocation Strategy | I Shares | 1,000.00 | 1,064.70 | 2.59 | 0.50 | |||||||||||||||
A Shares | 1,000.00 | 1,064.10 | 3.52 | 0.68 | ||||||||||||||||
C Shares | 1,000.00 | 1,060.50 | 6.61 | 1.28 | ||||||||||||||||
Moderate Allocation Strategy | I Shares | 1,000.00 | 1,040.50 | 2.56 | 0.50 | |||||||||||||||
A Shares | 1,000.00 | 1,040.60 | 3.27 | 0.64 | ||||||||||||||||
C Shares | 1,000.00 | 1,037.30 | 6.23 | 1.22 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days (183) in the most recent fiscal half-year divided by the number of days in the fiscal year (365). |
** | Annualized. |
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ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Hypothetical Example
The table below provides information about hypothetical account values and hypothetical expenses based on each RidgeWorth Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads) or redemption fees. Therefore, the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
Fund | Class | Beginning Account Value 04/01/13 | Ending Account Value 09/30/13 | Expenses Paid During Period* 04/01/13-09/30/13 | Expense Ratio During Period** 04/01/13-09/30/13 | |||||||||||||||
Aggressive Growth Stock Fund | I Shares | $1,000.00 | $1,018.60 | $6.53 | 1.29 | % | ||||||||||||||
A Shares | 1,000.00 | 1,017.70 | 7.38 | 1.46 | ||||||||||||||||
International Equity Fund | I Shares | 1,000.00 | 1,019.20 | 5.92 | 1.17 | |||||||||||||||
A Shares | 1,000.00 | 1,017.60 | 7.54 | 1.49 | ||||||||||||||||
International Equity Index Fund | I Shares | 1,000.00 | 1,021.30 | 3.80 | 0.75 | |||||||||||||||
A Shares | 1,000.00 | 1,020.00 | 5.17 | 1.02 | ||||||||||||||||
Large Cap Growth Stock Fund | I Shares | 1,000.00 | 1,020.40 | 4.71 | 0.93 | |||||||||||||||
A Shares | 1,000.00 | 1,019.20 | 5.92 | 1.17 | ||||||||||||||||
C Shares | 1,000.00 | 1,015.80 | 9.35 | 1.85 | ||||||||||||||||
Large Cap Value Equity Fund | I Shares | 1,000.00 | 1,020.50 | 4.66 | 0.92 | |||||||||||||||
A Shares | 1,000.00 | 1,019.10 | 6.02 | 1.19 | �� | |||||||||||||||
C Shares | 1,000.00 | 1,016.50 | 8.64 | 1.71 | ||||||||||||||||
Mid-Cap Value Equity Fund | I Shares | 1,000.00 | 1,019.70 | 5.47 | 1.08 | |||||||||||||||
A Shares | 1,000.00 | 1,018.30 | 6.83 | 1.35 | ||||||||||||||||
C Shares | 1,000.00 | 1,016.20 | 8.95 | 1.77 | ||||||||||||||||
Select Large Cap Growth Stock Fund | I Shares | 1,000.00 | 1,019.70 | 5.47 | 1.08 | |||||||||||||||
A Shares | 1,000.00 | 1,018.40 | 6.78 | 1.34 | ||||||||||||||||
C Shares | 1,000.00 | 1,014.80 | 10.30 | 2.04 | ||||||||||||||||
Small Cap Growth Stock Fund | I Shares | 1,000.00 | 1,018.60 | 6.53 | 1.29 | |||||||||||||||
A Shares | 1,000.00 | 1,018.60 | 6.58 | 1.30 | ||||||||||||||||
C Shares | 1,000.00 | 1,015.30 | 9.85 | 1.95 | ||||||||||||||||
Small Cap Value Equity Fund | I Shares | 1,000.00 | 1,019.10 | 6.07 | 1.20 | |||||||||||||||
A Shares | 1,000.00 | 1,017.60 | 7.54 | 1.49 | ||||||||||||||||
C Shares | 1,000.00 | 1,015.70 | 9.45 | 1.87 | ||||||||||||||||
Aggressive Growth Allocation Strategy | I Shares | 1,000.00 | 1,022.60 | 2.54 | 0.50 | |||||||||||||||
A Shares | 1,000.00 | 1,021.60 | 3.55 | 0.70 | ||||||||||||||||
C Shares | 1,000.00 | 1,018.60 | 6.58 | 1.30 | ||||||||||||||||
Conservative Allocation Strategy | I Shares | 1,000.00 | 1,023.60 | 1.52 | 0.30 | |||||||||||||||
A Shares | 1,000.00 | 1,022.10 | 3.04 | 0.60 | ||||||||||||||||
C Shares | 1,000.00 | 1,018.60 | 6.58 | 1.30 | ||||||||||||||||
Growth Allocation Strategy | I Shares | 1,000.00 | 1,022.60 | 2.54 | 0.50 | |||||||||||||||
A Shares | 1,000.00 | 1,021.70 | 3.45 | 0.68 | ||||||||||||||||
C Shares | 1,000.00 | 1,018.70 | 6.48 | 1.28 | ||||||||||||||||
Moderate Allocation Strategy | I Shares | 1,000.00 | 1,022.60 | 2.54 | 0.50 | |||||||||||||||
A Shares | 1,000.00 | 1,021.90 | 3.24 | 0.64 | ||||||||||||||||
C Shares | 1,000.00 | 1,019.00 | 6.17 | 1.22 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days (183) in the most recent fiscal half-year divided by the number of days in the fiscal year (365). |
** | Annualized. |
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ADDITIONAL INFORMATION (concluded)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Proxy Voting Information
Information regarding the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request, by calling 1-888-784-3863. The information also is included in the Funds’ Statement of Additional Information, which is available on the Funds’ website at www.ridgeworth.com and on the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov.
Information relating to how each Fund voted proxies relating to portfolio securities held during the most recent twelve months ended June 30 is available on the Funds’ website at www.ridgeworth.com and on the SEC’s website at www.sec.gov.
Quarterly Portfolio Holdings Information
The Funds file their complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Funds’ Forms N-Q are available free of charge on the SEC’s website at www.sec.gov. You may also review or, for a fee, copy those documents by visiting the SEC’s Public Reference Room in Washington, D.C. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330.
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INVESTMENT ADVISER:
RidgeWorth Investments®
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.ridgeworth.com
INVESTMENT SUBADVISERS:
Ceredex Value Advisors LLC
Lincoln Plaza, Suite 1600
300 South Orange Avenue
Orlando, Florida 32801
www.ceredexvalue.com
Certium Asset Management LLC
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.certiumllc.com
Silvant Capital Management LLC
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.silvantcapital.com
Zevenbergen Capital Investments LLC
601 Union Street, Suite 4600
Seattle, Washington 98101
www.zci.com
This information must be preceded or accompanied by a current prospectus for each Fund described. An investor should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about RidgeWorth Funds can be found in the Fund’s prospectus. For additional information, please call 1-888-784-3863, or visit www.ridgeworth.com. Please read the prospectus carefully before investing.
DISTRIBUTOR:
RIDGEWORTH DISTRIBUTORS LLC
Not FDIC Insured • No Bank Guarantee • May Lose Value
RFSAR-EQ-0913
Table of Contents
2013 SEMI-ANNUAL REPORT
FIXED INCOME FUNDS
SEPTEMBER 30, 2013
RidgeWorth Investments® is the trade name of RidgeWorth Capital Management, Inc.
Collective Strength. Individual Insight.® is a federally registered service mark of RidgeWorth Investments.®
Table of Contents
RIDGEWORTH FUNDS September 30, 2013
Table of Contents
LETTER TO SHAREHOLDERS
RIDGEWORTH FUNDS September 30, 2013
Dear Valued Client,
We want to thank you, our valued RidgeWorth Funds’ shareholders, for your continued business and support. We focus our efforts on helping you achieve your investment goals, and we are grateful that you have placed your confidence in us. Our sole mission is to earn your trust through providing competitive investment performance and excellent client service. We sincerely hope we have met your expectations in both of these measures and we look forward to continuing as your asset manager in the future.
We are pleased that both the economy and the equity markets continued to heal and grow since our last update six months ago, despite persistent global economic, financial, and fiscal policy challenges. However, that same evidence also suggested an eventual end to the extraordinary monetary stimulus that has kept bond yields at exceptionally low during this time. This update will discuss recent events and provide a broad outline of what we anticipate for both the broader economy and the capital markets as we near the end of 2013 and the beginning of 2014. We are also pleased to report that RidgeWorth Funds maintained its strong long-term performance record over the period.
In the last letter dated March 31, we reiterated our belief that the U.S. economy would continue to expand, helped by moderate job gains, a stronger housing market, consumer balance sheet repair, and further global monetary stimulus. However, we also acknowledged that the risk of setbacks should not be minimized, especially in a politically-charged, sub-par growth environment. The net of factors, combined with continued low inflation and reasonable valuations, suggested to us further potential upside for equities into the coming quarters.
The narrative of the past six months highlights the ability of the economy and the markets to absorb self-imposed challenges from a highly-charged and dysfunctional fiscal policy from Washington. Indeed, the second quarter saw the lingering impact of higher tax rates and across-the-board spending cuts at the beginning of the year that exerted an annualized fiscal “drag” of between 1.5-2% on the economy. Despite this, job gains remained steady though not robust, and consumer spending on durable goods such as cars and homes continued to rise. Businesses, wary of the uncertain environment, kept inventories lower than normal and thus were able to absorb the second quarter slowdown without major layoffs or plant closings.
By the beginning of the third quarter, the economy began to reaccelerate and regain momentum helped by encouraging signs of recovery in Europe and Japan. Indeed the prospective improvement was noted by the Federal Reserve (Fed), and Chairman Ben Bernanke declared that the downside risks to the economy had “diminished” considerably and that the Federal Open Market Committee (FOMC) was considering how and when to reduce or “taper” its huge program of securities purchases—perhaps as soon as the end of the third quarter. Subsequently, the fiscal situation became more uncertain as acrimony surrounding the funding of the new fiscal year reintroduced economic risks and prompted the FOMC to postpone any action.
That said, equity markets still rose steadily during the period with the S&P 500 Index adding 8.31% in the six months ending September 30. Mid-Cap and Small-Cap stocks generated even more impressive returns, with the Russell Midcap Index gaining 10.07% and the Russell 2000 Index surging 13.61%. A more pro-cyclical bias returned to the markets helping the Growth style outperform the Value style for the period. Evidence of economic stability and growth in the eurozone also gave a lift to international equities, though emerging market stocks languished.
The generally improving economic environment and talk about an eventual shift in Fed policy away from accommodation pushed bond yields higher during the period, with the 10-year Treasury yield rising from 1.85% on March 31 to 2.61% on September 30. Short-term yields remained anchored by the Fed’s low interest rate policy, thus the yield curve steepened. The result was a modest decline in bond prices, and the Barclays U.S. Aggregate Bond Index declined 1.77%. However, that same economic strength helped narrow credit spreads and the Barclays U.S. Corporate High Yield Index managed a gain of 0.81%.
RidgeWorth Funds continued to maintain its record of strong long-term performance as more than 60% of our Funds beat their Lipper Peer Group medians for the 1-, 3-, and 5-year period ending March 31, 20131. In addition, almost 80% of our Funds finished in the first or second quartile for the 10-year period1.
Looking ahead, our outlook remains generally positive, though some risks remain. While the economy is growing at a slow rate, we believe the probability favors steady job and income growth in the coming months, further stabilization in home building sales and prices, and incremental improvement in consumer wealth. On the business side, we believe the continued modest topline sales growth we project may keep management teams focused on
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LETTER TO SHAREHOLDERS (concluded)
RIDGEWORTH FUNDS September 30, 2013
expense control and margins, but that steady sales growth could encourage more capital expenditures and hiring. We expect Washington fiscal policy to remain broken, the fiscal “drag” burden of 2013 to be lower, and state and local government finances to contribute to growth next year. We believe inflation will remain relatively low, giving the Federal Reserve some latitude or runway before beginning the slow process of unwinding its stimulus programs.
In this type of environment, we believe that as longstanding economic headwinds dissipate and 2013-2014 company profit forecasts are recalibrated, the equity market has the potential for further improvement. In the fixed income markets, the combination of a slow turn in Federal Reserve policy away from aggressive security purchases and a multiyear commitment to low short-term rates could result in a further steepening in the yield curve (higher long-term yields), but the pace of that shift could be slow and extended. We believe the markets will continue to offer opportunities to investors, but they will be more selective and company-specific—a market that fits well with the RidgeWorth bottom-up approach to security selection.
Sincerely,
Ashi Parikh
Chairman, CEO, CIO
RidgeWorth Investments®
1 | For the period ended September 30, 2013, 62% (20/32), 66% (21/32), 72% (23/32) and 78% (22/28) of the RidgeWorth Funds (I Shares) beat their Lipper peer group medians for the 1-, 3-, 5- and 10-year periods, respectively. The Lipper rankings are as of September 30, 2013, for I Shares only, based on total returns and do not reflect a sales charge. ©2013 Lipper Leader, Reuters. All Rights Reserved. Lipper Ratings are according to Lipper, a Thomson Reuters Company. Past performance is not indicative of future results. |
2
Table of Contents
INDUSTRY ALLOCATIONS (As a Percentage of Total Investments)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund | ||||
U.S. Treasury Obligations | 31.3% | |||
U.S. Government Agency Mortgages | 29.2% | |||
Corporate Bonds | 24.0% | |||
Collateralized Mortgage Obligations | 8.7% | |||
Asset-Backed Securities | 2.0% | |||
Preferred Stocks | 0.8% | |||
Short-Term Investment | 0.9% | |||
Money Market Fund | 3.1% |
Corporate Bond Fund | ||||
Corporate Bonds | 89.8% | |||
Preferred Stocks | 4.6% | |||
Short-Term Investment | 0.8% | |||
Money Market Fund | 4.8% |
Georgia Tax-Exempt Bond Fund | ||||
Municipal Bonds | 98.4% | |||
Money Market Fund | 1.6% |
High Grade Municipal Bond Fund | ||||
Municipal Bonds | 87.5% | |||
Money Market Fund | 12.5% |
High Income Fund | ||||
Corporate Bonds | 77.5% | |||
Bank Loans | 5.3% | |||
Convertible Preferred Stock | 0.9% | |||
Preferred Stock | 0.3% | |||
Convertible Corporate Bond | 0.2% | |||
U.S. Treasury Obligation | 0.2% | |||
Common Stock | 0.1% | |||
Short-Term Investment | 8.8% | |||
Money Market Fund | 6.7% |
Intermediate Bond Fund | ||||
U.S. Treasury Obligations | 58.7% | |||
Corporate Bonds | 26.6% | |||
U.S. Government Agency Mortgages | 9.2% | |||
Preferred Stocks | 1.0% | |||
Collateralized Mortgage Obligation | 0.4% | |||
Short-Term Investment | 1.7% | |||
Money Market Fund | 2.4% |
Investment Grade Tax-Exempt Bond Fund | ||||
Municipal Bonds | 92.4% | |||
Money Market Fund | 7.6% |
Limited Duration Fund | ||||
Collateralized Mortgage Obligations | 65.2% | |||
Asset-Backed Securities | 28.9% | |||
Money Market Fund | 5.9% |
Limited-Term Federal Mortgage Securities Fund | ||||
U.S. Government Agency Mortgages | 81.0% | |||
Collateralized Mortgage Obligations | 17.3% | |||
Money Market Fund | 1.7% |
North Carolina Tax-Exempt Bond Fund | ||||
Municipal Bonds | 96.3% | |||
Money Market Fund | 3.7% |
Seix Floating Rate High Income Fund | ||||
Bank Loans | 85.4% | |||
Corporate Bonds | 9.6% | |||
Preferred Stock | 0.0% | * | ||
Common Stock | 0.0% | * | ||
Money Market Fund | 5.0% | |||
* Less than 0.05% of Total Investments. |
Seix High Yield Fund | ||||
Corporate Bonds | 76.2% | |||
Bank Loans | 5.1% | |||
Convertible Preferred Stock | 0.6% | |||
U.S. Treasury Obligation | 0.2% | |||
Short-Term Investment | 5.4% | |||
Money Market Fund | 12.5% |
Short-Term Bond Fund | ||||
Corporate Bonds | 51.3% | |||
Collateralized Mortgage Obligations | 21.9% | |||
U.S. Government Agency Mortgages | 11.2% | |||
Asset-Backed Securities | 11.1% | |||
U.S. Treasury Obligation | 2.3% | |||
Municipal Bond | 1.1% | |||
Money Market Fund | 1.1% |
Short-Term Municipal Bond Fund | ||||
Municipal Bonds | 86.8% | |||
Money Market Fund | 13.2% |
Short-Term U.S. Treasury Securities Fund | ||||
U.S. Treasury Obligations | 98.8% | |||
Money Market Fund | 1.2% |
Total Return Bond Fund | ||||
U.S. Government Agency Mortgages | 30.5% | |||
U.S. Treasury Obligations | 23.5% | |||
Corporate Bonds | 23.2% | |||
Bank Loans | 10.3% | |||
Collateralized Mortgage Obligations | 6.2% | |||
Asset-Backed Securities | 1.7% | |||
Preferred Stocks | 0.7% | |||
Short-Term Investment | 0.7% | |||
Money Market Fund | 3.2% |
Industry allocation is subject to change.
3
Table of Contents
INDUSTRY ALLOCATIONS (As a Percentage of Total Investments)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ultra-Short Bond Fund | ||||
Corporate Bonds | 48.1% | |||
Collateralized Mortgage Obligations | 25.3% | |||
Asset-Backed Securities | 10.5% | |||
U.S. Government Agency Mortgages | 9.7% | |||
Municipal Bond | 1.2% | |||
Money Market Fund | 5.2% |
U.S. Government Securities Fund | ||||
U.S. Treasury Obligations | 97.8% | |||
Money Market Fund | 2.2% |
U.S. Government Securities Ultra-Short Bond Fund | ||||
U.S. Government Agency Mortgages | 62.2% | |||
Collateralized Mortgage Obligations | 30.0% | |||
Money Market Fund | 7.7% | |||
Asset-Backed Security | 0.1% |
Virginia Intermediate Municipal Bond Fund | ||||
Municipal Bonds | 98.1% | |||
Money Market Fund | 1.9% |
Industry allocation is subject to change.
4
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Asset-Backed Securities 2.0% | ||||||||
Credit Card 0.3% | ||||||||
Capital One Multi-Asset Execution Trust, Series 2006-B1, Cl B1, 0.462%, 01/15/19(a) | 823,000 | 811,706 | ||||||
|
| |||||||
Home Equity 0.6% | ||||||||
Ameriquest Mortgage Securities, Inc., Series 2005-R5, Cl M1, 0.609%, 07/25/35(a) | 1,857,000 | 1,824,280 | ||||||
|
| |||||||
Other 1.1% | ||||||||
Domino’s Pizza Master Issuer LLC, Series 2012-1A, Cl A2, 5.216%, 01/25/42(b) | 2,255,093 | 2,421,674 | ||||||
Nationstar Agency Advance Funding Trust, Series 2013-T2A, Cl AT2, 1.892%, 02/18/48(b) | 651,000 | 632,173 | ||||||
|
| |||||||
3,053,847 | ||||||||
|
| |||||||
Total Asset-Backed Securities (Cost $5,487,961) | 5,689,833 | |||||||
|
| |||||||
Collateralized Mortgage Obligations 9.0% | ||||||||
Agency Collateralized Mortgage Obligations 6.0% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3768, Cl CB, 3.500%, 12/15/25 | 36,000 | 36,587 | ||||||
Series 3774, Cl EW, 3.500%, 12/15/25 | 39,000 | 39,815 | ||||||
Series 3788, Cl YB, 3.500%, 01/15/26 | 9,765,488 | 9,950,388 | ||||||
Series 3800, Cl CB, 3.500%, 02/15/26 | 42,000 | 42,779 | ||||||
Series 3806, Cl L, 3.500%, 02/15/26 | 399,000 | 401,111 | ||||||
Series 3829, Cl BE, 3.500%, 03/15/26 | 58,000 | 59,235 | ||||||
Series 3877, Cl LM, 3.500%, 06/15/26 | 26,000 | 26,474 | ||||||
Series 3950, Cl YB, 3.000%, 11/15/26 | 626,000 | 599,355 | ||||||
Series 3980, Cl LG, 3.000%, 01/15/27 | 2,536,000 | 2,379,683 | ||||||
Series 4065, Cl CL, 3.000%, 06/15/27 | 838,000 | 777,611 | ||||||
Series 4077, Cl B, 3.000%, 07/15/27 | 731,000 | 678,744 | ||||||
|
| |||||||
14,991,782 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Agency Collateralized Mortgage Obligations—continued |
| |||||||
Federal National Mortgage Association | ||||||||
Series 2012-100, Cl EW, REMIC, 3.000%, 09/25/27 | 500,941 | 455,276 | ||||||
Series 2012-17, Cl BC, 3.500%, 03/25/27 | 1,379,000 | 1,397,148 | ||||||
|
| |||||||
1,852,424 | ||||||||
|
| |||||||
16,844,206 | ||||||||
|
| |||||||
Commercial Mortgage Backed Securities 3.0% |
| |||||||
GS Mortgage Securities Corp. II | ||||||||
Series 2012-ALOH, Cl A, 3.551%, 04/10/34(b) | 1,746,000 | 1,729,015 | ||||||
Series 2012-BWTR, Cl B, 3.255%, 11/05/34(b) | 1,195,000 | 1,110,751 | ||||||
|
| |||||||
2,839,766 | ||||||||
|
| |||||||
JPMorgan Chase Commercial Mortgage Securities Corp. | ||||||||
Series 2005-LDP3, Cl A4B, 4.996%, 08/15/42(a) | 2,295,000 | 2,413,291 | ||||||
Series 2010-C2, Cl C, 5.710%, 11/15/43(a)(b) | 520,000 | 560,904 | ||||||
|
| |||||||
2,974,195 | ||||||||
|
| |||||||
Merrill Lynch Mortgage Trust | ||||||||
Series 2005-LC1, Cl AM, 5.308%, 01/12/44(a) | 1,146,000 | 1,226,210 | ||||||
|
| |||||||
OBP Depositor LLC Trust | ||||||||
Series 2010-OBP, Cl A, 4.646%, 07/15/45(b) | 866,000 | 948,134 | ||||||
|
| |||||||
WFRBS Commercial Mortgage Trust |
| |||||||
Series 2011-C2, Cl B, 5.174%, 02/15/44(a)(b) | 478,000 | 515,799 | ||||||
|
| |||||||
8,504,104 | ||||||||
|
| |||||||
Total Collateralized Mortgage Obligations | 25,348,310 | |||||||
|
| |||||||
Corporate Bonds 24.8% | ||||||||
Aerospace/Defense 0.2% | ||||||||
United Technologies Corp., 3.100%, 06/01/22 | 688,000 | 676,810 | ||||||
|
| |||||||
Agriculture 0.3% | ||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(b) | 893,000 | 893,536 | ||||||
|
| |||||||
Airlines 0.3% | ||||||||
American Airlines Pass Through Trust, 4.950%, 07/15/24(b) | 787,000 | 790,935 | ||||||
|
|
See Notes to Financial Statements.
5
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Auto Manufacturers 0.4% | ||||||||
Daimler Finance N.A. LLC, 3.875%, 09/15/21(b) | 434,000 | 445,895 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(b) | 590,000 | 604,746 | ||||||
|
| |||||||
1,050,641 | ||||||||
|
| |||||||
Banks 1.8% | ||||||||
Fifth Third Bank, 1.450%, 02/28/18 | 1,085,000 | 1,054,577 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(b) | 675,000 | 706,179 | ||||||
KeyBank NA, 1.650%, 02/01/18 | 831,000 | 815,951 | ||||||
PNC Bank NA, 0.800%, 01/28/16 | 1,740,000 | 1,733,870 | ||||||
Wells Fargo & Co., 1.250%, 02/13/15, MTN | 869,000 | 876,234 | ||||||
|
| |||||||
5,186,811 | ||||||||
|
| |||||||
Beverages 0.5% | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 2.500%, 07/15/22 | 885,000 | 818,728 | ||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(b) | 683,000 | 701,719 | ||||||
|
| |||||||
1,520,447 | ||||||||
|
| |||||||
Chemicals 0.4% | ||||||||
Dow Chemical Co. (The), 4.375%, 11/15/42 | 366,000 | 316,424 | ||||||
Praxair, Inc., 4.625%, 03/30/15 | 611,000 | 647,705 | ||||||
|
| |||||||
964,129 | ||||||||
|
| |||||||
Commercial Services 0.8% | ||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(b) | 441,000 | 450,938 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(b) | 682,000 | 756,942 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(b) | 869,000 | 929,359 | ||||||
|
| |||||||
2,137,239 | ||||||||
|
| |||||||
Computers 1.0% | ||||||||
Apple, Inc., 2.400%, 05/03/23 | 575,000 | 520,479 | ||||||
EMC Corp., 3.375%, 06/01/23 | 680,000 | 664,477 | ||||||
IBM Corp., 0.875%, 10/31/14 | 1,140,000 | 1,147,342 | ||||||
IBM Corp., 4.000%, 06/20/42 | 450,000 | 403,094 | ||||||
|
| |||||||
2,735,392 | ||||||||
|
| |||||||
Diversified Financial Services 2.7% |
| |||||||
American Express Credit Corp., 2.375%, 03/24/17, MTN | 432,000 | 445,797 |
Shares or Principal Amount($) | Value($) | |||||||
Diversified Financial Services—continued |
| |||||||
CME Group, Inc., 5.750%, 02/15/14 | 384,000 | 391,334 | ||||||
Ford Motor Credit Co. LLC, 4.375%, 08/06/23 | 349,000 | 349,197 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 | 942,000 | 1,032,009 | ||||||
General Electric Capital Corp., Series B, 6.250%, 12/15/22, Series B(a)(c) | 1,164,000 | 1,175,640 | ||||||
General Electric Capital Corp., Series C, 5.250%, 06/15/23, Series C(a)(c) | 800,000 | 741,600 | ||||||
John Deere Capital Corp., 1.250%, 12/02/14, MTN | 601,000 | 607,131 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 568,000 | 614,779 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(b) | 476,000 | 476,167 | ||||||
PACCAR Financial Corp., 1.550%, 09/29/14, MTN | 796,000 | 805,418 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN | 310,000 | 324,225 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(b) | 650,000 | 687,677 | ||||||
|
| |||||||
7,650,974 | ||||||||
|
| |||||||
Electric 0.9% | ||||||||
Alabama Power Co., 5.800%, 11/15/13 | 553,000 | 556,417 | ||||||
Dominion Resources, Inc., 1.950%, 08/15/16 | 289,000 | 294,892 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 | 378,000 | 433,338 | ||||||
Georgia Power Co., 6.000%, 11/01/13 | 313,000 | 314,312 | ||||||
MidAmerican Energy Holdings Co., 6.125%, 04/01/36 | 302,000 | 337,847 | ||||||
Southern California Edison Co., 5.750%, 03/15/14 | 578,000 | 591,288 | ||||||
|
| |||||||
2,528,094 | ||||||||
|
| |||||||
Electronics 0.4% | ||||||||
Agilent Technologies, Inc., 3.875%, 07/15/23 | 1,120,000 | 1,087,692 | ||||||
|
| |||||||
Forest Products & Paper 0.2% | ||||||||
Georgia-Pacific LLC, 3.734%, 07/15/23(b) | 621,000 | 605,368 | ||||||
|
| |||||||
Healthcare-Products 0.1% | ||||||||
Becton Dickinson and Co., 3.250%, 11/12/20 | 199,000 | 202,323 | ||||||
|
|
See Notes to Financial Statements.
6
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Healthcare-Services 0.5% | ||||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 | 549,000 | 547,717 | ||||||
WellPoint, Inc., 2.300%, 07/15/18 | 895,000 | 895,413 | ||||||
|
| |||||||
1,443,130 | ||||||||
|
| |||||||
Insurance 1.2% | ||||||||
Allstate Corp. (The), 5.750%, 08/15/53(a) | 657,000 | 640,575 | ||||||
American International Group, Inc., 4.125%, 02/15/24(d) | 474,000 | 474,327 | ||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 | 763,000 | 790,956 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(b) | 380,000 | 390,145 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(b) | 1,103,000 | 1,180,512 | ||||||
|
| |||||||
3,476,515 | ||||||||
|
| |||||||
Internet 0.1% | ||||||||
eBay, Inc., 2.600%, 07/15/22 | 330,000 | 306,814 | ||||||
|
| |||||||
Media 0.6% | ||||||||
Comcast Corp., 3.125%, 07/15/22 | 465,000 | 453,023 | ||||||
Comcast Corp., 4.650%, 07/15/42 | 486,000 | 462,153 | ||||||
Time Warner Cable, Inc., 4.000%, 09/01/21 | 820,000 | 765,035 | ||||||
|
| |||||||
1,680,211 | ||||||||
|
| |||||||
Mining 2.5% | ||||||||
Barrick (PD) Australia Finance Property Ltd., 4.950%, 01/15/20 | 245,000 | 245,411 | ||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 | 1,759,000 | 1,520,012 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(b) | 685,000 | 594,389 | ||||||
Barrick North America Finance LLC, 5.750%, 05/01/43 | 216,000 | 181,243 | ||||||
BHP Billiton Finance USA Ltd., 1.125%, 11/21/14 | 622,000 | 627,273 | ||||||
Kinross Gold Corp., 5.125%, 09/01/21(e) | 1,634,000 | 1,550,097 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 | 2,453,000 | 2,269,319 | ||||||
|
| |||||||
6,987,744 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 0.4% |
| |||||||
3M Co., 1.375%, 09/29/16 | 331,000 | 336,868 |
Shares or Principal Amount($) | Value($) | |||||||
Miscellaneous Manufacture—continued |
| |||||||
General Electric Co., 4.125%, 10/09/42 | 331,000 | 303,871 | ||||||
General Electric Co., 5.250%, 12/06/17 | 308,000 | 350,551 | ||||||
|
| |||||||
991,290 | ||||||||
|
| |||||||
Oil & Gas 0.6% | ||||||||
BP Capital Markets PLC, 2.248%, 11/01/16 | 512,000 | 527,005 | ||||||
Ensco PLC, 4.700%, 03/15/21 | 410,000 | 435,181 | ||||||
Shell International Finance BV, 3.625%, 08/21/42 | 871,000 | 760,951 | ||||||
|
| |||||||
1,723,137 | ||||||||
|
| |||||||
Oil & Gas Services 0.5% | ||||||||
Baker Hughes, Inc., 5.125%, 09/15/40 | 324,000 | 345,844 | ||||||
Schlumberger Investment SA, 3.300%, 09/14/21(b) | 496,000 | 496,778 | ||||||
Weatherford International Ltd., 5.125%, 09/15/20 | 296,000 | 308,593 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 | 261,000 | 261,528 | ||||||
|
| |||||||
1,412,743 | ||||||||
|
| |||||||
Pharmaceuticals 0.8% | ||||||||
Express Scripts Holding Co., 2.650%, 02/15/17 | 458,000 | 472,180 | ||||||
Mylan, Inc., 1.800%, 06/24/16(b) | 350,000 | 351,448 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 | 274,000 | 313,813 | ||||||
Perrigo Co., 2.950%, 05/15/23 | 351,000 | 339,327 | ||||||
Zoetis, Inc., 3.250%, 02/01/23(b) | 678,000 | 645,466 | ||||||
|
| |||||||
2,122,234 | ||||||||
|
| |||||||
Pipelines 0.9% | ||||||||
Energy Transfer Partners LP, 6.050%, 06/01/41 | 260,000 | 260,952 | ||||||
Energy Transfer Partners LP, 6.625%, 10/15/36 | 327,000 | 347,581 | ||||||
Kinder Morgan Energy Partners LP, 5.000%, 08/15/42 | 1,121,000 | 1,018,974 | ||||||
TC Pipelines LP, 4.650%, 06/15/21 | 429,000 | 436,092 | ||||||
Williams Partners LP, 4.125%, 11/15/20 | 469,000 | 474,693 | ||||||
|
| |||||||
2,538,292 | ||||||||
|
| |||||||
Real Estate Investment Trust 2.1% |
| |||||||
American Tower Corp., 3.500%, 01/31/23 | 494,000 | 433,635 |
See Notes to Financial Statements.
7
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Real Estate Investment Trust—continued |
| |||||||
American Tower Corp., 5.000%, 02/15/24(e) | 959,000 | 938,678 | ||||||
Boston Properties LP, 3.800%, 02/01/24 | 481,000 | 462,341 | ||||||
Digital Realty Trust LP, 4.500%, 07/15/15 | 893,000 | 935,761 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 203,000 | 223,280 | ||||||
ERP Operating LP, 3.000%, 04/15/23 | 1,492,000 | 1,371,643 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 1,437,000 | 1,612,512 | ||||||
|
| |||||||
5,977,850 | ||||||||
|
| |||||||
Retail 0.8% | ||||||||
AutoZone, Inc., 3.700%, 04/15/22 | 398,000 | 389,795 | ||||||
Macy’s Retail Holdings, Inc., 4.300%, 02/15/43 | 563,000 | 475,774 | ||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 | 1,515,000 | 1,481,150 | ||||||
|
| |||||||
2,346,719 | ||||||||
|
| |||||||
Semiconductors 0.9% | ||||||||
Analog Devices, Inc., 3.000%, 04/15/16 | 194,000 | 202,222 | ||||||
Intel Corp., 1.950%, 10/01/16 | 383,000 | 393,663 | ||||||
Intel Corp., 4.250%, 12/15/42 | 185,000 | 164,269 | ||||||
Intel Corp., 4.800%, 10/01/41 | 1,059,000 | 1,014,665 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(b) | 857,000 | 825,641 | ||||||
|
| |||||||
2,600,460 | ||||||||
|
| |||||||
Software 0.4% | ||||||||
Fidelity National Information Services, Inc., 3.500%, 04/15/23 | 550,000 | 494,740 | ||||||
Oracle Corp., 1.200%, 10/15/17 | 302,000 | 296,606 | ||||||
Oracle Corp., 2.375%, 01/15/19 | 371,000 | 372,746 | ||||||
|
| |||||||
1,164,092 | ||||||||
|
| |||||||
Telecommunication Services 2.4% |
| |||||||
AT&T, Inc., 0.900%, 02/12/16 | 481,000 | 478,722 | ||||||
AT&T, Inc., 4.350%, 06/15/45 | 485,000 | 400,342 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 | 1,210,000 | 1,091,095 | ||||||
Cisco Systems, Inc., 5.500%, 02/22/16 | 388,000 | 431,267 | ||||||
Cisco Systems, Inc., 5.500%, 01/15/40 | 527,000 | 587,478 |
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
SBA Tower Trust, 2.933%, 12/15/42(b) | 1,348,000 | 1,358,153 | ||||||
Softbank Corp., 4.500%, 04/15/20(b) | 940,000 | 903,340 | ||||||
Verizon Communications, Inc., 5.550%, 02/15/16 | 471,000 | 517,916 | ||||||
Verizon Communications, Inc., 6.550%, 09/15/43 | 857,000 | 967,499 | ||||||
|
| |||||||
6,735,812 | ||||||||
|
| |||||||
Transportation 0.1% | ||||||||
United Parcel Service, Inc., 3.125%, 01/15/21 | 260,000 | 263,514 | ||||||
|
| |||||||
Total Corporate Bonds | 69,800,948 | |||||||
|
| |||||||
U.S. Government Agency Mortgages 30.1% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Pool #J14244, 3.000%, 01/01/26 | 847,062 | 876,790 | ||||||
Pool #J14245, 3.000%, 01/01/26 | 462,354 | 479,011 | ||||||
Pool #J17791, 3.000%, 01/01/27 | 1,810,155 | 1,872,416 | ||||||
Pool #J18800, 3.000%, 04/01/27 | 1,127,130 | 1,168,978 | ||||||
Pool #J19638, 2.500%, 07/01/27 | 189,819 | 191,117 | ||||||
Pool #J19620, 2.500%, 07/01/27 | 157,741 | 158,820 | ||||||
Pool #G14517, 2.500%, 07/01/27 | 1,452,771 | 1,463,332 | ||||||
Pool #J20118, 2.500%, 08/01/27 | 729,185 | 734,027 | ||||||
Pool #E04075, 2.500%, 08/01/27 | 1,371,992 | 1,382,085 | ||||||
Pool #J20729, 2.500%, 10/01/27 | 206,899 | 208,422 | ||||||
Pool #G14599, 2.500%, 11/01/27 | 1,242,813 | 1,251,986 | ||||||
Pool #J22862, 2.000%, 03/01/28 | 127,976 | 124,891 | ||||||
Pool #J22836, 2.500%, 03/01/28 | 1,337,044 | 1,347,159 | ||||||
Pool #J22831, 2.500%, 03/01/28 | 1,593,722 | 1,606,064 | ||||||
Pool #J23429, 2.500%, 04/01/28 | 789,463 | 795,456 | ||||||
Pool #J23430, 2.500%, 04/01/28 | 1,091,186 | 1,099,454 |
See Notes to Financial Statements.
8
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages —continued |
| |||||||
Pool #J23427, 2.500%, 04/01/28 | 978,100 | 985,532 | ||||||
Pool #G18469, 2.000%, 06/01/28 | 263,855 | 257,494 | ||||||
Pool #J24561, 2.500%, 06/01/28 | 2,218,653 | 2,236,214 | ||||||
Pool #D99439, 3.500%, 06/01/32 | 308,195 | 319,212 | ||||||
Pool #G30614, 3.500%, 12/01/32 | 1,973,092 | 2,057,020 | ||||||
Pool #A12413, 5.000%, 08/01/33 | 235,111 | 254,810 | ||||||
Pool #G05052, 5.000%, 10/01/33 | 146,312 | 158,098 | ||||||
Pool #G01779, 5.000%, 04/01/35 | 294,047 | 318,423 | ||||||
Pool #G01837, 5.000%, 07/01/35 | 1,996,720 | 2,160,197 | ||||||
Pool #A37619, 4.500%, 09/01/35 | 41,309 | 43,989 | ||||||
Pool #Z40004, 6.000%, 08/01/36 | 331,651 | 360,938 | ||||||
Pool #G04997, 5.000%, 01/01/37 | 79,537 | 85,864 | ||||||
Pool #G05254, 5.000%, 01/01/37 | 822,229 | 887,445 | ||||||
Pool #G03296, 6.000%, 09/01/37 | 580,098 | 638,969 | ||||||
Pool #G05326, 5.000%, 02/01/38 | 393,946 | 425,435 | ||||||
Pool #G04337, 5.500%, 04/01/38 | 95,163 | 102,909 | ||||||
Pool #G08347, 4.500%, 06/01/39 | 299,338 | 319,287 | ||||||
Pool #G08353, 4.500%, 07/01/39 | 1,859,923 | 1,979,112 | ||||||
Pool #G06079, 6.000%, 07/01/39 | 1,240,641 | 1,352,296 | ||||||
Pool #A87874, 4.000%, 08/01/39 | 376,690 | 394,937 | ||||||
Pool #A89148, 4.000%, 10/01/39 | 334,131 | 349,338 | ||||||
Pool #G08372, 4.500%, 11/01/39 | 1,007,177 | 1,071,500 | ||||||
Pool #A93996, 4.500%, 09/01/40 | 433,724 | 461,616 | ||||||
Pool #A97047, 4.500%, 02/01/41 | 447,288 | 476,379 | ||||||
|
| |||||||
32,457,022 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages —continued |
| |||||||
Federal National Mortgage Association | ||||||||
Pool #AM3353, 2.450%, 05/01/23 | 166,036 | 155,963 | ||||||
Pool #AM3691, 2.540%, 06/01/23 | 341,611 | 323,531 | ||||||
Pool #AM3851, 3.020%, 07/01/23 | 1,249,000 | 1,206,724 | ||||||
Pool #AM3972, 3.000%, 08/01/23 | 759,092 | 741,921 | ||||||
Pool #932871, 3.000%, 01/01/26 | 199,431 | 206,804 | ||||||
Pool #AJ8325, 3.000%, 12/01/26 | 371,367 | 384,865 | ||||||
Pool #AL3274, 3.000%, 05/01/27 | 1,228,214 | 1,274,793 | ||||||
Pool #AB6472, 2.000%, 10/01/27 | 518,837 | 506,734 | ||||||
Pool #AB6644, 2.500%, 10/01/27 | 2,880,082 | 2,900,643 | ||||||
Pool #AB6480, 2.500%, 10/01/27 | 727,790 | 732,987 | ||||||
Pool #AQ4497, 2.500%, 11/01/27 | 275,755 | 277,895 | ||||||
Pool #AB7081, 2.500%, 11/01/27 | 229,298 | 230,935 | ||||||
Pool #AL2716, 2.000%, 12/01/27 | 430,840 | 420,790 | ||||||
Pool #AM1589, 2.420%, 12/01/27 | 527,942 | 508,276 | ||||||
Pool #AB7142, 2.500%, 12/01/27 | 357,523 | 360,297 | ||||||
Pool #AB7158, 2.500%, 12/01/27 | 498,754 | 502,625 | ||||||
Pool #AR1524, 2.000%, 01/01/28 | 1,127,187 | 1,100,893 | ||||||
Pool #AQ9956, 2.000%, 01/01/28 | 1,046,733 | 1,022,317 | ||||||
Pool #AR6867, 2.000%, 02/01/28 | 386,219 | 377,210 | ||||||
Pool #AB7795, 2.500%, 02/01/28 | 2,005,164 | 2,018,244 | ||||||
Pool #AL4042, 2.000%, 08/01/28 | 4,085,538 | 3,990,237 | ||||||
Pool #MA0481, 4.500%, 08/01/30 | 1,960,185 | 2,123,901 | ||||||
Pool #AB1763, 4.000%, 11/01/30 | 188,536 | 201,124 | ||||||
Pool #MA0587, 4.000%, 12/01/30 | 656,135 | 699,697 |
See Notes to Financial Statements.
9
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages —continued |
| |||||||
Pool #MA0804, 4.000%, 07/01/31 | 527,356 | 562,274 | ||||||
Pool #MA0949, 3.500%, 01/01/32 | 319,818 | 332,203 | ||||||
Pool #AB4168, 3.500%, 01/01/32 | 1,906,932 | 1,981,149 | ||||||
Pool #MA0976, 3.500%, 02/01/32 | 77,313 | 80,308 | ||||||
Pool #AO3244, 3.500%, 08/01/32(d) | 543,420 | 565,694 | ||||||
Pool #AP9592, 3.500%, 10/01/32 | 1,295,670 | 1,348,781 | ||||||
Pool #AB7691, 3.500%, 01/01/33 | 690,074 | 715,833 | ||||||
Pool #AB8428, 3.500%, 02/01/33 | 1,410,574 | 1,461,070 | ||||||
Pool #827943, 5.000%, 05/01/35 | 310,581 | 339,141 | ||||||
Pool #735578, 5.000%, 06/01/35 | 1,957,430 | 2,124,130 | ||||||
Pool #745044, 4.500%, 08/01/35 | 373,723 | 399,804 | ||||||
Pool #888632, 5.000%, 04/01/36 | 97,397 | 105,702 | ||||||
Pool #878094, 6.000%, 04/01/36 | 1,781,386 | 1,970,981 | ||||||
Pool #190370, 6.000%, 06/01/36 | 1,067,290 | 1,170,824 | ||||||
Pool #AI7951, 4.500%, 08/01/36 | 444,619 | 474,483 | ||||||
Pool #890547, 4.000%, 11/01/36 | 1,021,483 | 1,072,063 | ||||||
Pool #995082, 5.500%, 08/01/37 | 888,383 | 967,569 | ||||||
Pool #889529, 6.000%, 03/01/38 | 37,231 | 40,750 | ||||||
Pool #995724, 6.000%, 04/01/39 | 169,597 | 185,084 | ||||||
Pool #932441, 4.000%, 01/01/40 | 2,867,876 | 3,007,342 | ||||||
Pool #AC9564, 4.500%, 02/01/40 | 396,539 | 425,926 | ||||||
Pool #AB1343, 4.500%, 08/01/40 | 983,887 | 1,059,578 | ||||||
Pool #AL0005, 4.500%, 01/01/41 | 470,865 | 503,066 | ||||||
Pool #AB2694, 4.500%, 04/01/41 | 488,402 | 527,490 | ||||||
Pool #AB3274, 4.500%, 07/01/41 | 2,539,940 | 2,727,554 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages —continued |
| |||||||
Pool #AL1627, 4.500%, 09/01/41 | 1,496,228 | 1,601,942 | ||||||
2.000%, TBA, 15 Year Maturity(d) | 4,526,000 | 4,414,972 | ||||||
|
| |||||||
52,435,119 | ||||||||
|
| |||||||
Total U.S. Government Agency Mortgages | 84,892,141 | |||||||
|
| |||||||
Preferred Stocks 0.8% | ||||||||
Banks 0.5% | ||||||||
PNC Financial Services Group, Inc., Series P, 6.125%(a)(c) | 13,675 | 345,157 | ||||||
US Bancorp, Series F, 6.500%(a)(c) | 15,750 | 409,342 | ||||||
US Bancorp, Series G, 6.000%(a)(c)(e) | 26,300 | 708,522 | ||||||
|
| |||||||
1,463,021 | ||||||||
|
| |||||||
Insurance 0.2% | ||||||||
Arch Capital Group Ltd., Series C, 6.750%(c) | 11,700 | 283,023 | ||||||
Reinsurance Group of America, Inc., 6.200%(a) | 16,550 | 408,454 | ||||||
|
| |||||||
691,477 | ||||||||
|
| |||||||
Real Estate Investment Trust 0.1% |
| |||||||
Public Storage, Series U, 5.625%(c) | 5,950 | 129,413 | ||||||
|
| |||||||
Total Preferred Stocks |
| 2,283,911 | ||||||
|
| |||||||
U.S. Treasury Obligations 32.2% | ||||||||
U.S. Treasury Bond 3.6% | ||||||||
2.875%, 05/15/43 | 12,038,000 | 10,217,253 | ||||||
|
| |||||||
U.S. Treasury Notes 28.6% | ||||||||
0.500%, 11/15/13 | 8,657,000 | 8,661,735 | ||||||
0.375%, 11/15/15(f) | 35,668,000 | 35,670,782 | ||||||
0.500%, 06/15/16 | 63,000 | 62,941 | ||||||
0.625%, 08/31/17(f) | 10,818,000 | 10,649,813 | ||||||
0.750%, 02/28/18 | 6,658,000 | 6,529,001 | ||||||
1.375%, 07/31/18 | 5,919,000 | 5,929,636 | ||||||
2.500%, 08/15/23 | 13,362,000 | 13,226,296 | ||||||
|
| |||||||
80,730,204 | ||||||||
|
| |||||||
Total U.S. Treasury Obligations (Cost $90,408,220) |
| 90,947,457 | ||||||
|
| |||||||
Short-Term Investment 0.9% | ||||||||
RidgeWorth Funds Securities Lending Joint Account(g) | 2,522,100 | 2,522,100 | ||||||
|
| |||||||
Total Short-Term Investment |
| 2,522,100 | ||||||
|
|
See Notes to Financial Statements.
10
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 3.2% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(h) | 9,047,983 | 9,047,983 | ||||||
|
| |||||||
Total Money Market Fund |
| 9,047,983 | ||||||
|
| |||||||
Total Investments |
| 290,532,683 | ||||||
Liabilities in Excess of Other Assets — (3.0)% |
| (8,567,547 | ) | |||||
|
| |||||||
Net Assets — 100.0% | $ | 281,965,136 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 8.1% of net assets as of September 30, 2013. |
(c) | Security is perpetual in nature and has no stated maturity. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $2,455,570. |
(f) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(g) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(k)). |
(h) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MTN | — | Medium Term Note | ||
REMIC | — | Real Estate Mortgage Investment Conduit | ||
TBA | — | To Be Announced. Securities purchased on a forward commitment basis with an appropriate principal amount and no definitive maturity date. The actual principal and maturity date will be determined upon settlement date. |
See Notes to Financial Statements.
11
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Corporate Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Corporate Bonds 90.1% | ||||||||
Airlines 0.7% | ||||||||
American Airlines Pass Through Trust, 4.950%, 07/15/24(a) | 400,000 | 402,000 | ||||||
|
| |||||||
Auto Manufacturers 2.7% | ||||||||
General Motors Co., 6.250%, 10/02/43(a) | 875,000 | 861,875 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(a) | 791,000 | 810,770 | ||||||
|
| |||||||
1,672,645 | ||||||||
|
| |||||||
Banks 5.1% | ||||||||
Fifth Third Bank, 1.450%, 02/28/18 | 1,149,000 | 1,116,782 | ||||||
KeyBank NA, 1.650%, 02/01/18 | 592,000 | 581,279 | ||||||
PNC Bank NA, 0.800%, 01/28/16 | 1,402,000 | 1,397,061 | ||||||
|
| |||||||
3,095,122 | ||||||||
|
| |||||||
Beverages 1.6% | ||||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(a) | 978,000 | 1,004,803 | ||||||
|
| |||||||
Chemicals 0.7% | ||||||||
Dow Chemical Co. (The), 4.375%, 11/15/42 | 479,000 | 414,118 | ||||||
|
| |||||||
Commercial Services 3.0% | ||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(a) | 611,000 | 624,770 | ||||||
ERAC USA Finance LLC, 2.800%, 11/01/18(a) | 610,000 | 614,332 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(a) | 518,000 | 574,920 | ||||||
|
| |||||||
1,814,022 | ||||||||
|
| |||||||
Computers 1.0% | ||||||||
Apple, Inc., 2.400%, 05/03/23 | 670,000 | 606,471 | ||||||
|
| |||||||
Diversified Financial Services 10.8% |
| |||||||
Ford Motor Credit Co. LLC, 4.375%, 08/06/23 | 320,000 | 320,181 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 | 1,070,000 | 1,172,240 | ||||||
General Electric Capital Corp., Series B, 6.250%(b)(c) | 1,700,000 | 1,717,000 | ||||||
General Electric Capital Corp., Series C, 5.250%(b)(c) | 300,000 | 278,100 | ||||||
Lazard Group LLC, 6.850%, 06/15/17 | 810,000 | 918,103 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 269,000 | 291,154 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(a) | 650,000 | 650,227 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(a)(d) | 1,202,000 | 1,271,674 | ||||||
|
| |||||||
6,618,679 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Electric 2.4% | ||||||||
Dominion Resources, Inc., 1.950%, 08/15/16 | 299,000 | 305,096 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 | 429,000 | 491,805 | ||||||
Pacific Gas & Electric Co., 3.250%, 06/15/23 | 719,000 | 685,044 | ||||||
|
| |||||||
1,481,945 | ||||||||
|
| |||||||
Electronics 1.9% | ||||||||
Agilent Technologies, Inc., 3.875%, 07/15/23 | 1,182,000 | 1,147,904 | ||||||
|
| |||||||
Forest Products & Paper 1.0% | ||||||||
Georgia-Pacific LLC, 3.734%, 07/15/23(a) | 656,000 | 639,486 | ||||||
|
| |||||||
Healthcare-Services 0.6% | ||||||||
UnitedHealth Group, Inc., 1.400%, 10/15/17 | 400,000 | 394,884 | ||||||
|
| |||||||
Insurance 3.3% | ||||||||
Allied World Assurance Co. Holdings Ltd., 5.500%, 11/15/20 | 300,000 | 326,702 | ||||||
Allstate Corp. (The), 5.750%, 08/15/53(b) | 656,000 | 639,600 | ||||||
American International Group, Inc., 4.125%, 02/15/24(e) | 479,000 | 479,330 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(a) | 532,000 | 546,203 | ||||||
|
| |||||||
1,991,835 | ||||||||
|
| |||||||
Media 2.2% | ||||||||
Comcast Corp., 4.650%, 07/15/42 | 843,000 | 801,637 | ||||||
Time Warner Cable, Inc., 4.000%, 09/01/21 | 612,000 | 570,977 | ||||||
|
| |||||||
1,372,614 | ||||||||
|
| |||||||
Mining 5.5% | ||||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 | 444,000 | 383,676 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(a) | 753,000 | 653,394 | ||||||
Barrick North America Finance LLC, 5.750%, 05/01/43 | 301,000 | 252,565 | ||||||
Kinross Gold Corp., 5.125%, 09/01/21 | 1,272,000 | 1,206,685 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 | 910,000 | 841,859 | ||||||
|
| |||||||
3,338,179 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 0.9% |
| |||||||
General Electric Co., 5.250%, 12/06/17 | 455,000 | 517,859 | ||||||
|
|
See Notes to Financial Statements.
12
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Corporate Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas 3.7% | ||||||||
BP Capital Markets PLC, 2.248%, 11/01/16 | 839,000 | 863,588 | ||||||
Ensco PLC, 4.700%, 03/15/21 | 748,000 | 793,941 | ||||||
Shell International Finance BV, 3.400%, 08/12/23 | 632,000 | 624,815 | ||||||
|
| |||||||
2,282,344 | ||||||||
|
| |||||||
Oil & Gas Services 2.4% | ||||||||
Baker Hughes, Inc., 5.125%, 09/15/40 | 642,000 | 685,284 | ||||||
Weatherford International Ltd., 5.125%, 09/15/20 | 273,000 | 284,615 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 | 499,000 | 500,009 | ||||||
|
| |||||||
1,469,908 | ||||||||
|
| |||||||
Pharmaceuticals 3.8% | ||||||||
AstraZeneca PLC, 1.950%, 09/18/19 | 645,000 | 631,802 | ||||||
Express Scripts Holding Co., 2.650%, 02/15/17 | 659,000 | 679,403 | ||||||
Perrigo Co., 2.950%, 05/15/23 | 412,000 | 398,299 | ||||||
Pfizer, Inc., 3.000%, 06/15/23 | 654,000 | 626,898 | ||||||
|
| |||||||
2,336,402 | ||||||||
|
| |||||||
Pipelines 7.2% | ||||||||
El Paso Pipeline Partners Operating Co. LLC, 6.500%, 04/01/20 | 355,000 | 408,225 | ||||||
Enbridge Energy Partners LP, 5.500%, 09/15/40 | 431,000 | 419,076 | ||||||
Energy Transfer Partners LP, 6.050%, 06/01/41 | 260,000 | 260,952 | ||||||
Energy Transfer Partners LP, 6.625%, 10/15/36 | 583,000 | 619,693 | ||||||
Kinder Morgan Energy Partners LP, 5.000%, 08/15/42 | 1,601,000 | 1,455,288 | ||||||
TC Pipelines LP, 4.650%, 06/15/21 | 712,000 | 723,770 | ||||||
Williams Partners LP, 4.125%, 11/15/20(d) | 509,000 | 515,179 | ||||||
|
| |||||||
4,402,183 | ||||||||
|
| |||||||
Real Estate Investment Trust 9.2% | ||||||||
American Tower Corp., 3.500%, 01/31/23 | 925,000 | 811,968 | ||||||
American Tower Corp., 5.000%, 02/15/24 | 965,000 | 944,551 | ||||||
Boston Properties LP, 3.800%, 02/01/24 | 508,000 | 488,293 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 890,000 | 978,913 |
Shares or Principal Amount($) | Value($) | |||||||
Real Estate Investment Trust—continued |
| |||||||
ERP Operating LP, 3.000%, 04/15/23 | 1,742,000 | 1,601,476 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 735,000 | 824,771 | ||||||
|
| |||||||
5,649,972 | ||||||||
|
| |||||||
Retail 5.5% | ||||||||
AutoZone, Inc., 3.700%, 04/15/22 | 522,000 | 511,239 | ||||||
Best Buy Co., Inc., 5.000%, 08/01/18 | 949,000 | 975,097 | ||||||
Macy’s Retail Holdings, Inc., 4.300%, 02/15/43 | 678,000 | 572,957 | ||||||
Wal-Mart Stores, Inc., 1.950%, 12/15/18 | 641,000 | 639,734 | ||||||
Wesfarmers Ltd., 1.874%, 03/20/18(a)(d) | 658,000 | 648,108 | ||||||
|
| |||||||
3,347,135 | ||||||||
|
| |||||||
Semiconductors 4.0% | ||||||||
Analog Devices, Inc., 3.000%, 04/15/16 | 237,000 | 247,045 | ||||||
Intel Corp., 4.250%, 12/15/42 | 1,243,000 | 1,103,707 | ||||||
Intel Corp., 4.800%, 10/01/41 | 402,000 | 385,170 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(a) | 731,000 | 704,251 | ||||||
|
| |||||||
2,440,173 | ||||||||
|
| |||||||
Software 0.9% | ||||||||
Fidelity National Information Services, Inc., 3.500%, 04/15/23 | 643,000 | 578,396 | ||||||
|
| |||||||
Telecommunication Services 10.0% |
| |||||||
AT&T, Inc., 0.900%, 02/12/16 | 1,309,000 | 1,302,802 | ||||||
AT&T, Inc., 4.350%, 06/15/45 | 406,000 | 335,131 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 | 1,186,000 | 1,069,453 | ||||||
Cisco Systems, Inc., 5.500%, 01/15/40 | 846,000 | 943,085 | ||||||
Juniper Networks, Inc., 4.600%, 03/15/21 | 247,000 | 252,352 | ||||||
Softbank Corp., 4.500%, 04/15/20(a) | 783,000 | 752,463 | ||||||
Verizon Communications, Inc., 5.850%, 09/15/35 | 120,000 | 124,192 | ||||||
Verizon Communications, Inc., 6.550%, 09/15/43 | 1,208,000 | 1,363,756 | ||||||
|
| |||||||
6,143,234 | ||||||||
|
| |||||||
Total Corporate Bonds |
| 55,162,313 | ||||||
|
|
See Notes to Financial Statements.
13
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Corporate Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Preferred Stocks 4.6% | ||||||||
Banks 2.6% | ||||||||
PNC Financial Services Group, Inc., Series P, 6.125%(b)(c) | 14,050 | 354,622 | ||||||
US Bancorp, Series F, 6.500%(b)(c) | 29,250 | 760,207 | ||||||
US Bancorp, Series G, 6.000%(b)(c)(f) | 17,850 | 480,879 | ||||||
|
| |||||||
1,595,708 | ||||||||
|
| |||||||
Insurance 1.7% | ||||||||
Arch Capital Group Ltd., Series C, 6.750%(c) | 16,650 | 402,764 | ||||||
Reinsurance Group of America, Inc., 6.200%(b) | 25,275 | 623,787 | ||||||
|
| |||||||
1,026,551 | ||||||||
|
| |||||||
Real Estate Investment Trust 0.3% |
| |||||||
Public Storage, Series U, 5.625%(c) | 7,875 | 171,281 | ||||||
|
| |||||||
Total Preferred Stocks |
| 2,793,540 | ||||||
|
| |||||||
Short-Term Investment 0.8% | ||||||||
RidgeWorth Funds Securities Lending Joint Account(g) | 488,400 | 488,400 | ||||||
|
| |||||||
Total Short-Term Investment (Cost $488,400) | 488,400 | |||||||
|
| |||||||
Money Market Fund 4.8% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(h) | 2,972,206 | 2,972,206 | ||||||
|
| |||||||
Total Money Market Fund |
| 2,972,206 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||
Total Investments (Cost $62,325,805) — 100.3% | 61,416,459 | |||||
Liabilities in Excess of Other Assets — (0.3)% | (163,677 | ) | ||||
|
| |||||
Net Assets — 100.0% | $ | 61,252,782 | ||||
|
|
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 17.6% of net assets as of September 30, 2013. |
(b) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(c) | Security is perpetual in nature and has no stated maturity. |
(d) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $474,144. |
(g) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(k)). |
(h) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MTN | — | Medium Term Note |
See Notes to Financial Statements.
14
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Georgia Tax-Exempt Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Municipal Bonds 98.6% | ||||||||
Alabama 0.4% | ||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) | 640,000 | 554,477 | ||||||
|
| |||||||
California 4.8% | ||||||||
California State, GO, 5.000%, 02/01/20 | 1,910,000 | 2,260,122 | ||||||
California State, GO, 5.000%, 02/01/38 | 4,000,000 | 4,117,040 | ||||||
|
| |||||||
6,377,162 | ||||||||
|
| |||||||
Georgia 88.5% | ||||||||
Athens-Clarke County Unified Government Development Authority, RB, 5.250%, 07/01/27 | 1,885,000 | 2,062,982 | ||||||
Athens-Clarke County Unified Government Development Authority, RB, 5.250%, 07/01/29 | 1,690,000 | 1,821,347 | ||||||
Athens-Clarke County Unified Government Development Authority, Catholic Health East, RB, 6.250%, 11/15/32 | 1,455,000 | 1,555,613 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.500%, 01/01/38(b) | 4,000,000 | 4,380,160 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.625%, 01/01/33(b) | 3,000,000 | 3,333,690 | ||||||
Atlanta Airport Passenger Facility Charge, Series B, RB, 5.000%, 01/01/21 | 2,000,000 | 2,288,940 | ||||||
Atlanta Airport Project, Series B, RB, 5.000%, 01/01/42 | 5,235,000 | 5,308,813 | ||||||
Atlanta GA Department of Aviation, Series B, RB, 5.000%, 01/01/20 | 1,500,000 | 1,742,145 | ||||||
Atlanta GA Department of Aviation, Series C, AMT, RB, 5.000%, 01/01/30 | 1,500,000 | 1,530,375 | ||||||
Burke County Development Authority, RB, 1.200%, 10/01/32(c) | 2,500,000 | 2,506,275 | ||||||
Carroll County Water Authority, Water & Sewerage, RB, 5.250%, 07/01/22, Pre-refunded 07/01/2015 @ 100, AGM | 150,000 | 162,611 |
Shares or Principal Amount($) | Value($) | |||||||
Georgia—continued | ||||||||
Carroll County Water Authority, Water & Sewerage, RB, 5.250%, 07/01/22, AGM | 850,000 | 906,908 | ||||||
Cherokee County Board of Education, GO, 5.000%, 08/01/33, State Aid Withholding | 2,000,000 | 2,142,920 | ||||||
Cherokee County Georgia Resource Recovery Development Authority, Solid Waste Disposal, RB, 5.000%, 07/01/37, AMBAC/Country Guaranteed, AMT | 1,000,000 | 1,006,040 | ||||||
Clarke County Hospital Authority, Athens Regional Medical Center, RB, 5.000%, 01/01/32 | 1,180,000 | 1,206,326 | ||||||
Cobb County Kennestone Hospital Authority, RB, 5.250%, 04/01/41 | 1,000,000 | 1,025,540 | ||||||
College Park Business & Industrial Development Authority, RB, 5.250%, 09/01/19, AMBAC | 565,000 | 625,353 | ||||||
DeKalb County, Water & Sewerage Revenue, Series A, RB, 5.000%, 10/01/22 | 2,030,000 | 2,336,043 | ||||||
DeKalb Private Hospital Authority, Children’s Healthcare of Atlanta, Inc., RB, 5.000%, 11/15/29(b) | 6,300,000 | 6,524,658 | ||||||
DeKalb Private Hospital Authority, Children’s Healthcare of Atlanta, Inc., RB, 5.250%, 11/15/39(b) | 3,000,000 | 3,062,760 | ||||||
Douglasville-Douglas County Water & Sewer Authority, RB, 5.625%, 06/01/15, AMBAC | 255,000 | 266,146 | ||||||
Downtown Smyrna Development Authority, RB, 5.250%, 02/01/28 | 1,000,000 | 1,135,240 | ||||||
Forsyth County, GO, 5.000%, 03/01/25(b) | 6,825,000 | 7,786,233 | ||||||
Forsyth County School District, GO, 5.000%, 02/01/25 | 5,825,000 | 6,789,096 | ||||||
Forsyth County Water & Sewerage Authority, RB, 5.000%, 04/01/31, County Guaranteed | 645,000 | 717,427 |
See Notes to Financial Statements.
15
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Georgia Tax-Exempt Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Georgia—continued | ||||||||
Fulton County Development Authority, Georgia Tech Athletic Association, RB, 5.000%, 10/01/42(b) | 4,025,000 | 4,065,693 | ||||||
Fulton County Development Authority, Molecular Science Building Project, RB, 5.250%, 05/01/22, NATL-RE(b) | 2,370,000 | 2,429,771 | ||||||
Fulton County Development Authority, Robert Woodruff Arts Center, Inc., Series B, RB, 5.250%, 03/15/24 | 1,300,000 | 1,408,745 | ||||||
Georgia State, Series D, GO, 5.000%, 02/01/22 | 2,590,000 | 3,119,033 | ||||||
Georgia State Higher Education Facilities Authority, USG Real Estate Foundation I LLC, RB, 6.000%, 06/15/34 | 1,065,000 | 1,178,966 | ||||||
Georgia State Road & Tollway Authority, Series A, RB, 5.000%, 06/01/19 | 1,750,000 | 2,043,352 | ||||||
Georgia State Road & Tollway Authority, Series A, RB, 5.000%, 03/01/21, ST GTD | 1,175,000 | 1,405,065 | ||||||
Georgia State Road & Tollway Authority, Series B, RB, 5.000%, 10/01/22, ST GTD | 1,615,000 | 1,944,460 | ||||||
Glynn-Brunswick Memorial Hospital Authority, SouthEast Health System, Series A, RB, 5.500%, 08/01/28 | 1,920,000 | 2,016,096 | ||||||
Glynn-Brunswick Memorial Hospital Authority, SouthEast Health System, Series A, RB, 5.625%, 08/01/34 | 2,000,000 | 2,087,840 | ||||||
Greene County Development Authority, RB, 5.000%, 11/15/37 | 1,955,000 | 1,960,572 | ||||||
Gwinnett County Development Authority, Public Schools Project, COP, 5.250%, 01/01/21, Pre-refunded 01/01/2014 @ 100, NATL-RE | 2,935,000 | 2,972,568 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/20 | 1,235,000 | 1,469,168 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/22 | 2,000,000 | 2,398,440 | ||||||
Henry County Water & Sewerage Authority, RB, 6.150%, 02/01/20, AMBAC | 2,100,000 | 2,555,490 |
Shares or Principal Amount($) | Value($) | |||||||
Georgia—continued | ||||||||
Lincoln County School District, GO, 5.500%, 04/01/37, State Aid Withholding | 1,000,000 | 1,088,880 | ||||||
Milledgeville & Baldwin County Development Authority, Georgia College & State University Foundation, RB, 6.000%, 09/01/33, Pre-refunded 09/01/2014 @ 101 | 2,355,000 | 2,503,530 | ||||||
Municipal Electric Authority of Georgia, Series A, RB, 5.000%, 01/01/21 | 2,540,000 | 2,936,850 | ||||||
Municipal Electric Authority of Georgia, Series B, RB, 4.000%, 01/01/16 | 755,000 | 809,707 | ||||||
Private Colleges & Universities Authority, Series A, RB, 5.000%, 10/01/43 | 3,000,000 | 3,159,300 | ||||||
Private Colleges & Universities Authority, Emory University, Series C, RB, 5.250%, 09/01/39 | 3,500,000 | 3,732,015 | ||||||
Richmond County Hospital Authority, University Health Services, Inc. Project, RB, 5.250%, 01/01/29 | 2,250,000 | 2,331,202 | ||||||
Thomasville Hospital Authority, John D. Archhold Memorial Hospital, RB, 5.375%, 11/01/40 | 2,510,000 | 2,559,472 | ||||||
Valdosta Board of Education, Sales Tax, GO, 4.000%, 02/01/16, State Aid Withholding | 2,340,000 | 2,520,648 | ||||||
Walton County School District, GO, 4.000%, 08/01/16, State Aid Withholding | 980,000 | 1,067,651 | ||||||
|
| |||||||
117,988,155 | ||||||||
|
| |||||||
North Carolina 2.2% | ||||||||
North Carolina State Capital Facilities Finance Agency, Educational Facilities, RB, 5.000%, 05/01/32 | 970,000 | 972,386 | ||||||
North Carolina State, Series C, GO, 5.000%, 05/01/21 | 1,600,000 | 1,923,056 | ||||||
|
| |||||||
2,895,442 | ||||||||
|
|
See Notes to Financial Statements.
16
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Georgia Tax-Exempt Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Puerto Rico 0.0%(d) | ||||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Series A, RB, 5.500%, 08/01/28, Pre-refunded 08/01/2019 @ 100 | 20,000 | 24,158 | ||||||
|
| |||||||
South Carolina 2.7% | ||||||||
South Carolina State Public Service Authority, Series A, RB, 5.750%, 12/01/43 | 2,000,000 | 2,179,900 | ||||||
South Carolina State Public Service Authority, Series E, RB, 5.000%, 12/01/48(e) | 1,475,000 | 1,449,807 | ||||||
|
| |||||||
3,629,707 | ||||||||
|
| |||||||
Total Municipal Bonds | 131,469,101 | |||||||
|
| |||||||
Money Market Fund 1.6% | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(f) | 2,197,754 | 2,197,754 | ||||||
|
| |||||||
Total Money Market Fund | 2,197,754 | |||||||
|
| |||||||
Total Investments |
| 133,666,855 | ||||||
Liabilities in Excess of Other Assets — (0.2)% | (303,237 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 133,363,618 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of September 30, 2013. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(d) | Less than 0.05% of Net Assets. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
AGM | — | Security guaranteed by Assured Guaranty Municipal Corporation | ||
AMBAC | — | Security guaranteed by American Municipal Bond Assurance Corporation | ||
AMT | — | Income subject to Alternative Minimum Tax | ||
COP | — | Certificate of Participation | ||
GO | — | General Obligation | ||
NATL-RE | — | Reinsurance provided by National Public Finance Guarantee Corporation | ||
RB | — | Revenue Bond | ||
ST GTD | — | State Guaranteed |
See Notes to Financial Statements.
17
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Grade Municipal Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Municipal Bonds 87.2% | ||||||||
Alabama 6.7% | ||||||||
Birmingham, Series A, GO, 0.000%, 03/01/37(a) | 2,000,000 | 1,689,160 | ||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Children’s Hospital of Alabama, RB, 6.000%, 06/01/39, AGC | 2,000,000 | 2,241,800 | ||||||
|
| |||||||
3,930,960 | ||||||||
|
| |||||||
Alaska 4.0% | ||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, AGC(b) | 2,000,000 | 2,325,500 | ||||||
|
| |||||||
California 8.1% | ||||||||
California State, GO, 5.250%, 03/01/30 | 1,225,000 | 1,314,486 | ||||||
California State, GO, 6.500%, 04/01/33(b) | 2,000,000 | 2,362,660 | ||||||
Riverside County Transportation Commission Sales Tax, Series A, RB, 5.250%, 06/01/39 | 1,000,000 | 1,064,670 | ||||||
|
| |||||||
4,741,816 | ||||||||
|
| |||||||
District of Columbia 3.8% | ||||||||
District of Columbia, Income Tax, Series A, RB, 5.500%, 12/01/30 | 2,000,000 | 2,238,260 | ||||||
|
| |||||||
Florida 6.9% | ||||||||
Miami-Dade County, Series A, RB, 5.750%, 10/01/32 | 1,000,000 | 1,071,480 | ||||||
Reedy Creek Improvement District, Series A, GO, 5.250%, 06/01/31 | 2,750,000 | 2,970,550 | ||||||
|
| |||||||
4,042,030 | ||||||||
|
| |||||||
Georgia 4.1% | ||||||||
Fulton County Development Authority, Georgia Tech Athletic Association, RB, 5.750%, 10/01/36 | 1,250,000 | 1,356,837 | ||||||
Private Colleges & Universities Authority, Series A, RB, 5.000%, 10/01/43 | 1,000,000 | 1,053,100 | ||||||
|
| |||||||
2,409,937 | ||||||||
|
| |||||||
Idaho 4.6% | ||||||||
Idaho Health Facilities Authority, Series A, RB, 6.750%, 11/01/37 | 2,500,000 | 2,708,200 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Illinois 1.9% | ||||||||
University of Illinois, Auxiliary Facilities System, Series A, RB, 5.750%, 04/01/38 | 1,000,000 | 1,099,270 | ||||||
|
| |||||||
Kansas 2.8% | ||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38(b) | 1,500,000 | 1,655,265 | ||||||
|
| |||||||
Maine 4.8% | ||||||||
Maine State Turnpike Authority, RB, 6.000%, 07/01/38(b) | 2,500,000 | 2,853,025 | ||||||
|
| |||||||
Maryland 1.8% | ||||||||
Baltimore County, GO, 5.000%, 08/01/15 | 1,000,000 | 1,085,280 | ||||||
|
| |||||||
Massachusetts 2.9% | ||||||||
Commonwealth of Massachusetts, Series A, GO, 5.000%, 04/01/25 | 1,500,000 | 1,706,445 | ||||||
|
| |||||||
Nevada 2.6% | ||||||||
Las Vegas Valley Water District, Series B, GO, 5.000%, 06/01/37 | 1,500,000 | 1,539,165 | ||||||
|
| |||||||
New Jersey 3.7% | ||||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Series A, RB, 6.000%, 12/15/38 | 1,955,000 | 2,195,856 | ||||||
|
| |||||||
New York 3.1% | ||||||||
Erie County Industrial Development Agency, City School District Buffalo, Series A, RB, 5.750%, 05/01/29, BHAC | 1,000,000 | 1,124,730 | ||||||
New York State Dormitory Authority, Series A, RB, 5.000%, 07/01/43 | 715,000 | 729,329 | ||||||
|
| |||||||
1,854,059 | ||||||||
|
| |||||||
Rhode Island 3.8% | ||||||||
Rhode Island Clean Water Finance Agency Water Pollution Control, RB, 5.000%, 10/01/28 | 2,000,000 | 2,212,060 | ||||||
|
| |||||||
South Carolina 3.3% | ||||||||
South Carolina State Public Service Authority, Series E, RB, 5.000%, 12/01/48(c) | 2,000,000 | 1,965,840 | ||||||
|
|
See Notes to Financial Statements.
18
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Grade Municipal Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Texas 9.7% | ||||||||
Austin, Series 2005, GO, 5.000%, 09/01/19, NATL-RE | 1,000,000 | 1,066,480 | ||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, PSF-GTD(b) | 4,000,000 | 4,644,520 | ||||||
|
| |||||||
5,711,000 | ||||||||
|
| |||||||
Washington 8.6% | ||||||||
Central Puget Sound Regional Transit Authority, Series A, RB, 5.000%, 11/01/23, Pre-refunded 05/01/2015 @ 100, AMBAC | 1,500,000 | 1,611,060 | ||||||
Seattle Washington Municipal Light & Power, RB, 5.750%, 04/01/29, BHAC(b) | 1,635,000 | 1,834,192 | ||||||
Washington State, Series B, GO, 5.000%, 02/01/31 | 1,500,000 | 1,611,240 | ||||||
|
| |||||||
5,056,492 | ||||||||
|
| |||||||
Total Municipal Bonds | 51,330,460 | |||||||
|
| |||||||
Money Market Fund 12.5% | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(d) | 7,348,029 | 7,348,029 | ||||||
|
| |||||||
Total Money Market Fund | 7,348,029 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||
Total Investments | 58,678,489 | |||||
Other Assets in Excess of Liabilities — 0.3% | 178,796 | |||||
|
| |||||
Net Assets — 100.0% | $ | 58,857,285 | ||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of September 30, 2013. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
AGC | — | Security guaranteed by Assured Guaranty Corporation | ||
AMBAC | — | Security guaranteed by American Municipal Bond Assurance Corporation | ||
BHAC | — | Security guaranteed by Berkshire Hathaway Assurance Corporation | ||
GO | — | General Obligation | ||
NATL-RE | — | Reinsurance provided by National Public Finance Guarantee Corporation | ||
PSF-GTD | — | Security guaranteed by Permanent School Fund Guarantee Program | ||
RB | — | Revenue Bond |
See Notes to Financial Statements.
19
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund
Shares or Principal Amount($) | Value($) | |||||||
Bank Loans 6.0% | ||||||||
Chemicals 0.3% | ||||||||
Ineos US Finance LLC, 6 Year Term Loan, 4.000%, 05/04/18(a)(b) | 2,918,982 | 2,884,130 | ||||||
|
| |||||||
Commercial Services 0.1% | ||||||||
Walter Energy, Inc., Term Loan B, 6.750%, 04/02/18(a)(b) | 953,846 | 914,328 | ||||||
|
| |||||||
Energy 0.4% | ||||||||
Aventine Renewable Energy Holdings, Inc., Extended PIK Term Loan B, 0.000%, 09/22/17(b)(c)(d) | 5,640,499 | 3,327,894 | ||||||
|
| |||||||
Health Care 0.0%(e) | ||||||||
Community Health Systems, Inc., Extended Term Loan, 3.748%-3.761%, 01/25/17(a)(b) | 105,909 | 105,762 | ||||||
|
| |||||||
Healthcare-Services 1.5% | ||||||||
Tenet Healthcare Corp., Unsecured Bridge Loan, 06/24/14(a)(f) | 12,510,000 | 12,510,000 | ||||||
|
| |||||||
Insurance 0.3% | ||||||||
Asurion LLC, New Term Loan B1, 4.500%, 05/24/19(a)(b) | 2,402,895 | 2,378,481 | ||||||
|
| |||||||
Lodging 0.2% | ||||||||
Scientific Games International, Inc., New Term Loan B, 05/22/20(a)(f) | 1,275,000 | 1,263,844 | ||||||
|
| |||||||
Media 0.3% | ||||||||
Tribune Co., Exit Term Loan, 4.000%, 12/31/19(a)(b) | 2,922,913 | 2,919,873 | ||||||
|
| |||||||
Mining 0.2% | ||||||||
FMG America Finance, Inc., Term Loan, 5.250%, 10/18/17(a)(b) | 445,500 | 446,533 | ||||||
TMS International Corp., Bridge Term Loan, 08/22/14(a)(f) | 1,550,000 | 1,550,000 | ||||||
|
| |||||||
1,996,533 | ||||||||
|
| |||||||
Oil & Gas 0.1% | ||||||||
Energy Transfer Equity, L.P., New Term Loan B, 3.750%, 03/24/17(a)(b) | 1,217,250 | 1,221,060 | ||||||
|
| |||||||
Packaging & Containers 0.3% | ||||||||
Berry Plastics Holding Corp., Term Loan D, 3.500%, 02/07/20(a)(b) | 2,825,800 | 2,792,597 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Retail 1.0% | ||||||||
JC Penney Corp., Inc., 1st Lien Term Loan, 05/22/18(a)(f) | 2,389,013 | 2,313,544 | ||||||
Sears Holdings Corp., Term Loan, 06/29/18(a)(f) | 4,785,000 | 4,746,146 | ||||||
Toys ‘R’ Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(a)(b) | 1,769,539 | 1,716,452 | ||||||
|
| |||||||
8,776,142 | ||||||||
|
| |||||||
Semiconductors 0.5% | ||||||||
Freescale Semiconductor, Inc., Term Loan B4, 5.000%, 02/28/20(a)(b) | 3,860,600 | 3,872,297 | ||||||
|
| |||||||
Telecommunication Services 0.8% |
| |||||||
Alcatel-Lucent USA, Inc., USD Term Loan C, 5.750%, 01/30/19(a)(b) | 1,285,288 | 1,293,642 | ||||||
Cequel Communications LLC, Term Loan B, 3.500%, 02/14/19(a)(b) | 1,531,675 | 1,528,014 | ||||||
Level 3 Financing, Inc., New 2019 Term Loan B, 4.000%, 08/01/19(a)(b) | 965,000 | 963,070 | ||||||
Virgin Media Investment Holdings Ltd., USD Term Loan B, 3.500%, 06/08/20(a)(b) | 2,585,000 | 2,568,120 | ||||||
|
| |||||||
6,352,846 | ||||||||
|
| |||||||
Total Bank Loans | 51,315,787 | |||||||
|
| |||||||
Corporate Bonds 87.7% | ||||||||
Advertising 0.2% | ||||||||
MDC Partners, Inc., 6.750%, 04/01/20(a) | 1,885,000 | 1,908,563 | ||||||
|
| |||||||
Aerospace/Defense 0.7% | ||||||||
BE Aerospace, Inc., 5.250%, 04/01/22 | 1,945,000 | 1,930,412 | ||||||
GenCorp, Inc., 7.125%, 03/15/21(a) | 825,000 | 864,188 | ||||||
Silver II Borrower/Silver II US Holdings LLC, 7.750%, 12/15/20(a) | 600,000 | 616,500 | ||||||
TransDigm, Inc., 7.500%, 07/15/21(h) | 2,390,000 | 2,569,250 | ||||||
|
| |||||||
5,980,350 | ||||||||
|
| |||||||
Agriculture 0.3% | ||||||||
Pinnacle Operating Corp., 9.000%, 11/15/20(a) | 2,105,000 | 2,154,994 | ||||||
|
|
See Notes to Financial Statements.
20
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Airlines 1.3% | ||||||||
Air Canada, 6.750%, 10/01/19(a) | 3,360,000 | 3,343,200 | ||||||
Air Canada, 8.750%, 04/01/20(a) | 7,950,000 | 8,043,412 | ||||||
|
| |||||||
11,386,612 | ||||||||
|
| |||||||
Apparel 0.5% | ||||||||
Wolverine World Wide, Inc., 6.125%, 10/15/20 | 4,410,000 | 4,575,375 | ||||||
|
| |||||||
Auto Manufacturers 1.5% | ||||||||
General Motors Co., 3.500%, 10/02/18(a) | 6,190,000 | 6,174,525 | ||||||
General Motors Co., 6.250%, 10/02/43(a) | 6,965,000 | 6,860,525 | ||||||
General Motors Co. Escrow, 7.200% (c)(d)(h) | 17,182,000 | — | ||||||
General Motors Co. Escrow, 8.375% (c)(d)(h) | 36,800,000 | — | ||||||
|
| |||||||
13,035,050 | ||||||||
|
| |||||||
Auto Parts & Equipment 0.6% | ||||||||
Affinia Group, Inc., 7.750%, 05/01/21(a) | 1,700,000 | 1,742,500 | ||||||
Schaeffler Holding Finance BV, PIK, 6.875%, 08/15/18(a) | 3,300,000 | 3,456,750 | ||||||
|
| |||||||
5,199,250 | ||||||||
|
| |||||||
Banks 2.4% | ||||||||
Ally Financial, Inc., 7.500%, 09/15/20(i) | 4,490,000 | 5,045,637 | ||||||
Ally Financial, Inc., 8.000%, 11/01/31(i) | 7,345,000 | 8,263,125 | ||||||
Citigroup, Inc., Series D, 5.350%(j) | 4,435,000 | 3,858,450 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 6.750%, 06/15/21(a) | 1,105,000 | 1,110,525 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 10.125%, 02/15/19(a) | 1,645,000 | 1,817,725 | ||||||
|
| |||||||
20,095,462 | ||||||||
|
| |||||||
Building Materials 1.2% | ||||||||
Cemex Finance LLC, 9.375%, 10/12/22(a) | 1,375,000 | 1,505,625 | ||||||
CPG Merger Sub LLC, 8.000%, 10/01/21(a) | 3,115,000 | 3,165,619 | ||||||
Gibraltar Industries, Inc., 6.250%, 02/01/21 | 1,270,000 | 1,282,700 | ||||||
Masco Corp., 5.950%, 03/15/22 | 2,640,000 | 2,765,400 | ||||||
USG Corp., 9.750%, 01/15/18 | 1,135,000 | 1,313,762 | ||||||
|
| |||||||
10,033,106 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Chemicals 1.2% | ||||||||
Ineos Finance PLC, 7.500%, 05/01/20(a) | 3,985,000 | 4,273,913 | ||||||
Kinove German Bondco GmbH, 9.625%, 06/15/18(a) | 988,000 | 1,091,740 | ||||||
Nufarm Australia Ltd., 6.375%, 10/15/19(a) | 1,630,000 | 1,621,850 | ||||||
PetroLogistics LP/PetroLogistics Finance Corp., 6.250%, 04/01/20(a) | 1,600,000 | 1,568,000 | ||||||
Rentech Nitrogen Partners LP/Rentech Nitrogen Finance Corp., 6.500%, 04/15/21(a) | 1,815,000 | 1,778,700 | ||||||
|
| |||||||
10,334,203 | ||||||||
|
| |||||||
Coal 0.6% | ||||||||
Natural Resource Partners LP, 9.125%, 10/01/18(a) | 1,862,000 | 1,880,620 | ||||||
Peabody Energy Corp., 6.250%, 11/15/21(h) | 3,005,000 | 2,914,850 | ||||||
|
| |||||||
4,795,470 | ||||||||
|
| |||||||
Commercial Services 4.2% | ||||||||
Cenveo Corp., 11.500%, 05/15/17(h) | 3,310,000 | 3,144,500 | ||||||
FTI Consulting, Inc., 6.000%, 11/15/22 | 2,045,000 | 2,029,662 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(a) | 13,287,000 | 14,017,785 | ||||||
Lender Processing Services, Inc., 5.750%, 04/15/23 | 2,835,000 | 2,909,419 | ||||||
Live Nation Entertainment, Inc., 7.000%, 09/01/20(a) | 1,245,000 | 1,299,469 | ||||||
Monitronics International, Inc., 9.125%, 04/01/20(a) | 1,377,000 | 1,442,408 | ||||||
Monitronics International, Inc., 9.125%, 04/01/20 | 3,755,000 | 3,933,362 | ||||||
Prospect Medical Holdings, Inc., 8.375%, 05/01/19(a) | 4,577,000 | 4,805,850 | ||||||
United Rentals North America, Inc., 7.625%, 04/15/22 | 2,135,000 | 2,321,812 | ||||||
|
| |||||||
35,904,267 | ||||||||
|
| |||||||
Computers 0.4% | ||||||||
j2 Global, Inc., 8.000%, 08/01/20 | 3,020,000 | 3,246,500 | ||||||
|
| |||||||
Distribution/Wholesale 0.1% | ||||||||
LKQ Corp., 4.750%, 05/15/23(a) | 425,000 | 394,188 | ||||||
|
|
See Notes to Financial Statements.
21
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Diversified Financial Services 3.8% |
| |||||||
Aircastle Ltd., 7.625%, 04/15/20 | 1,205,000 | 1,331,525 | ||||||
CNG Holdings, Inc., 9.375%, 05/15/20(a) | 2,740,000 | 2,534,500 | ||||||
Community Choice Financial, Inc., 10.750%, 05/01/19 | 2,585,000 | 2,274,800 | ||||||
Denali Borrower LLC/Denali Finance Corp., 5.625%, 10/15/20(a)(g) | 1,700,000 | 1,651,125 | ||||||
Icahn Enterprises Finance Corp., 8.000%, 01/15/18 | 1,630,000 | 1,707,425 | ||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 6.000%, 08/01/20(a)(h) | 2,625,000 | 2,625,000 | ||||||
International Lease Finance Corp., 6.250%, 05/15/19 | 3,585,000 | 3,764,250 | ||||||
International Lease Finance Corp., 8.250%, 12/15/20 | 1,405,000 | 1,601,700 | ||||||
International Lease Finance Corp., 8.750%, 03/15/17 | 4,930,000 | 5,657,175 | ||||||
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.375%, 04/01/20(a) | 2,610,000 | 2,583,900 | ||||||
Jefferies LoanCore LLC/JLC Finance Corp., 6.875%, 06/01/20(a) | 720,000 | 705,600 | ||||||
Serta Simmons Holdings LLC, 8.125%, 10/01/20(a)(h) | 3,420,000 | 3,599,550 | ||||||
Springleaf Finance Corp., 7.750%, 10/01/21(a) | 887,000 | 920,262 | ||||||
Springleaf Finance Corp., 8.250%, 10/01/23(a) | 887,000 | 922,480 | ||||||
|
| |||||||
31,879,292 | ||||||||
|
| |||||||
Electric 2.3% | ||||||||
Dynegy, Inc., 5.875%, 06/01/23(a) | 6,227,000 | 5,682,138 | ||||||
Enel SpA, 8.750%, 09/24/73(a) | 1,225,000 | 1,239,472 | ||||||
GenOn Energy, Inc., 9.500%, 10/15/18 | 3,630,000 | 4,083,750 | ||||||
Midwest Generation LLC, Series B, 8.560%, 01/02/16(c) | 5,312,265 | 5,232,581 | ||||||
NRG Energy, Inc., 7.625%, 05/15/19 | 3,195,000 | 3,370,725 | ||||||
|
| |||||||
19,608,666 | ||||||||
|
| |||||||
Electrical Components & Equipment 0.3% |
| |||||||
General Cable Corp., 5.750%, 10/01/22(a) | 905,000 | 866,538 |
Shares or Principal Amount($) | Value($) | |||||||
Electrical Components & Equipment—continued |
| |||||||
GrafTech International Ltd., 6.375%, 11/15/20 | 1,450,000 | 1,464,500 | ||||||
|
| |||||||
2,331,038 | ||||||||
|
| |||||||
Electronics 0.5% | ||||||||
APX Group, Inc., 6.375%, 12/01/19(a) | 4,425,000 | 4,181,625 | ||||||
|
| |||||||
Energy-Alternate Sources 0.2% |
| |||||||
First Wind Capital LLC, 10.250%, 06/01/18(a) | 1,600,000 | 1,720,000 | ||||||
|
| |||||||
Engineering & Construction 0.8% |
| |||||||
Aguila 3 SA, 7.875%, 01/31/18(a) | 2,295,000 | 2,398,275 | ||||||
Aguila 3 SA, 7.875%, 01/31/18(a) | 4,190,000 | 4,378,550 | ||||||
|
| |||||||
6,776,825 | ||||||||
|
| |||||||
Entertainment 1.9% | ||||||||
Carmike Cinemas, Inc., 7.375%, 05/15/19 | 1,310,000 | 1,411,525 | ||||||
Diamond Resorts Corp., 12.000%, 08/15/18 | 5,555,000 | 6,166,050 | ||||||
DreamWorks Animation SKG, Inc., 6.875%, 08/15/20(a) | 920,000 | 954,500 | ||||||
Gibson Brands, Inc., 8.875%, 08/01/18(a)(h) | 1,412,000 | 1,433,180 | ||||||
Mohegan Tribal Gaming Authority, 9.750%, 09/01/21(a) | 2,230,000 | 2,330,350 | ||||||
Pinnacle Entertainment, Inc., 7.750%, 04/01/22 | 1,170,000 | 1,231,425 | ||||||
Pinnacle Entertainment, Inc., 8.750%, 05/15/20(h) | 750,000 | 821,250 | ||||||
Shingle Springs Tribal Gaming Authority, 9.750%, 09/01/21(a) | 1,320,000 | 1,346,400 | ||||||
|
| |||||||
15,694,680 | ||||||||
|
| |||||||
Environmental Control 0.7% | ||||||||
Clean Harbors, Inc., 5.125%, 06/01/21 | 1,100,000 | 1,062,875 | ||||||
Nuverra Environmental Solutions, Inc., 9.875%, 04/15/18 | 5,155,000 | 5,232,325 | ||||||
|
| |||||||
6,295,200 | ||||||||
|
| |||||||
Exploration & Production 0.2% |
| |||||||
PetroQest Energy, Inc., 10.000%, 09/01/17(a) | 1,650,000 | 1,683,000 | ||||||
|
|
See Notes to Financial Statements.
22
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Food 2.1% | ||||||||
Hawk Acquisition Sub, Inc., 4.250%, 10/15/20(a) | 13,460,000 | 12,837,475 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22(a) | 1,680,000 | 1,766,100 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22 | 3,445,000 | 3,621,556 | ||||||
|
| |||||||
18,225,131 | ||||||||
|
| |||||||
Forest Products & Paper 0.6% |
| |||||||
Resolute Forest Products, Inc., 5.875%, 05/15/23(a) | 754,000 | 661,635 | ||||||
Verso Paper Holdings LLC/Verso Paper, Inc., 11.750%, 01/15/19(h) | 6,625,000 | 4,372,500 | ||||||
|
| |||||||
5,034,135 | ||||||||
|
| |||||||
Gas 0.3% | ||||||||
Sabine Pass LNG LP, 6.500%, 11/01/20(a) | 2,230,000 | 2,263,450 | ||||||
Sabine Pass LNG LP, 7.500%, 11/30/16 | 565,000 | 621,500 | ||||||
|
| |||||||
2,884,950 | ||||||||
|
| |||||||
Hand/Machine Tools 0.3% | ||||||||
Milacron LLC/Mcron Finance Corp., 7.750%, 02/15/21(a) | 2,619,000 | 2,704,118 | ||||||
|
| |||||||
Healthcare-Products 1.0% | ||||||||
Kinetic Concepts, Inc./KCI USA, Inc., 10.500%, 11/01/18 | 1,355,000 | 1,495,581 | ||||||
Physio-Control International, Inc., 9.875%, 01/15/19(a) | 6,127,000 | 6,862,240 | ||||||
|
| |||||||
8,357,821 | ||||||||
|
| |||||||
Healthcare-Services 1.8% | ||||||||
MedImpact Holdings, Inc., 10.500%, 02/01/18(a) | 5,600,000 | 6,076,000 | ||||||
Tenet Healthcare Corp., 6.000%, 10/01/20(a) | 2,790,000 | 2,852,775 | ||||||
Tenet Healthcare Corp., 8.125%, 04/01/22(a) | 6,265,000 | 6,539,094 | ||||||
|
| |||||||
15,467,869 | ||||||||
|
| |||||||
Holding Companies-Diversified 0.9% |
| |||||||
Nielsen Co. Luxembourg SARL (The), 5.500%, 10/01/21(a) | 3,335,000 | 3,339,169 | ||||||
WaveDivision Escrow LLC/WaveDivision Escrow Corp., 8.125%, 09/01/20(a) | 4,285,000 | 4,477,825 | ||||||
|
| |||||||
7,816,994 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Home Builders 0.5% | ||||||||
Allegion US Holding Co., 5.750%, 10/01/21(a)(g) | 666,000 | 666,000 | ||||||
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.125%, 07/01/22(a) | 1,535,000 | 1,504,300 | ||||||
KB Home, 7.500%, 09/15/22 | 850,000 | 884,000 | ||||||
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.250%, 04/15/21(a) | 1,605,000 | 1,496,663 | ||||||
|
| |||||||
4,550,963 | ||||||||
|
| |||||||
Household Products/Wares 0.6% |
| |||||||
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Luxembourg I SA, 7.875%, 08/15/19 | 4,875,000 | 5,362,500 | ||||||
|
| |||||||
Housewares 0.5% |
| |||||||
Libbey Glass, Inc., 6.875%, 05/15/20 | 3,978,000 | 4,236,570 | ||||||
|
| |||||||
Insurance 1.5% |
| |||||||
Assured Guaranty Municipal Holdings, Inc., 6.400%, 12/15/66(a)(h) | 3,560,000 | 3,097,200 | ||||||
Assured Guaranty US Holdings, Inc., Series A, 6.400%, 12/15/66(h) | 2,370,000 | 2,014,500 | ||||||
Genworth Financial, Inc., 6.150%, 11/15/66(h) | 1,125,000 | 984,375 | ||||||
Hockey Merger Sub 2, Inc., 7.875%, 10/01/21(a)(g) | 2,405,000 | 2,408,006 | ||||||
MBIA, Inc., 5.700%, 12/01/34 | 105,000 | 86,100 | ||||||
MBIA, Inc., 6.625%, 10/01/28 | 4,300,000 | 3,848,500 | ||||||
|
| |||||||
12,438,681 | ||||||||
|
| |||||||
Internet 0.7% |
| |||||||
Mood Media Corp., 9.250%, 10/15/20(a) | 2,010,000 | 1,718,550 | ||||||
Zayo Escrow Corp., 8.125%, 01/01/20(h) | 4,175,000 | 4,566,406 | ||||||
|
| |||||||
6,284,956 | ||||||||
|
| |||||||
Iron/Steel 0.2% |
| |||||||
JMC Steel Group, 8.250%, 03/15/18(a)(h) | 1,610,000 | 1,573,775 | ||||||
|
| |||||||
Leisure Time 0.3% |
| |||||||
ClubCorp Club Operations, Inc., 10.000%, 12/01/18 | 640,000 | 708,800 |
See Notes to Financial Statements.
23
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Leisure Time—continued |
| |||||||
Viking Cruises Ltd., 8.500%, 10/15/22(a) | 1,505,000 | 1,666,788 | ||||||
|
| |||||||
2,375,588 | ||||||||
|
| |||||||
Lodging 3.0% |
| |||||||
Caesars Entertainment Operating Co., Inc., 8.500%, 02/15/20 | 9,665,000 | 8,891,800 | ||||||
Caesars Entertainment Operating Co., Inc., 9.000%, 02/15/20 | 1,700,000 | 1,593,750 | ||||||
Downstream Development Authority of the Quapaw Tribe of Oklahoma, 10.500%, 07/01/19(a) | 3,640,000 | 3,585,400 | ||||||
Paris Las Vegas Holding, 11.000%, 10/01/21(a)(g) | 11,365,000 | 11,365,000 | ||||||
|
| |||||||
25,435,950 | ||||||||
|
| |||||||
Machinery-Diversified 0.1% |
| |||||||
Manitowoc Co., Inc. (The), 8.500%, 11/01/20 | 790,000 | 878,875 | ||||||
|
| |||||||
Media 5.9% |
| |||||||
Block Communications, Inc., 7.250%, 02/01/20(a) | 2,690,000 | 2,824,500 | ||||||
CCO Holdings LLC/Cap Corp., 5.125%, 02/15/23 | 2,870,000 | 2,633,225 | ||||||
CCO Holdings LLC/Cap Corp., 5.250%, 09/30/22(i) | 5,400,000 | 4,995,000 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 09/01/23(a) | 1,635,000 | 1,549,162 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 01/15/24 | 5,065,000 | 4,786,425 | ||||||
Cequel Communications Holdings I LLC, 6.375%, 09/15/20(a) | 825,000 | 841,500 | ||||||
Clear Channel Worldwide Holdings, Inc., 6.500%, 11/15/22 | 2,560,000 | 2,598,400 | ||||||
Clear Channel Worldwide Holdings, Inc., Series B, 6.500%, 11/15/22 | 3,500,000 | 3,570,000 | ||||||
DISH DBS Corp., 4.250%, 04/01/18 | 4,895,000 | 4,901,119 | ||||||
DISH DBS Corp., 5.000%, 03/15/23 | 2,260,000 | 2,096,150 | ||||||
DISH DBS Corp., 5.875%, 07/15/22 | 9,765,000 | 9,618,525 | ||||||
LIN Television Corp., 6.375%, 01/15/21 | 1,195,000 | 1,195,000 |
Shares or Principal Amount($) | Value($) | |||||||
Media—continued |
| |||||||
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance, 9.750%, 04/01/21(a)(h) | 825,000 | 874,500 | ||||||
Nexstar Broadcasting, Inc., 6.875%, 11/15/20(a)(g) | 1,780,000 | 1,811,150 | ||||||
Univision Communications, Inc., 5.125%, 05/15/23(a) | 1,545,000 | 1,479,338 | ||||||
Univision Communications, Inc., 6.750%, 09/15/22(a) | 4,340,000 | 4,578,700 | ||||||
|
| |||||||
50,352,694 | ||||||||
|
| |||||||
Mining 1.9% |
| |||||||
Century Aluminum Co., 7.500%, 06/01/21(a)(h) | 1,555,000 | 1,438,375 | ||||||
FMG Resources August 2006 Pty Ltd., 8.250%, 11/01/19(a)(h) | 6,115,000 | 6,588,912 | ||||||
HudBay Minerals, Inc., 9.500%, 10/01/20 | 660,000 | 661,650 | ||||||
Inmet Mining Corp., 8.750%, 06/01/20(a)(h) | 6,270,000 | 6,708,900 | ||||||
Vulcan Materials Co., 7.500%, 06/15/21 | 940,000 | 1,048,100 | ||||||
|
| |||||||
16,445,937 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 0.7% |
| |||||||
Bombardier, Inc., 5.750%, 03/15/22(a) | 1,065,000 | 1,057,013 | ||||||
Bombardier, Inc., 6.125%, 01/15/23(a)(i) | 4,830,000 | 4,830,000 | ||||||
|
| |||||||
5,887,013 | ||||||||
|
| |||||||
Oil & Gas 11.1% |
| |||||||
Atlas Energy Holdings Operating Co. LLC/Atlas Resource Finance Corp., 7.750%, 01/15/21(a) | 2,525,000 | 2,348,250 | ||||||
Atlas Resource Escrow Corp., 9.250%, 08/15/21(a)(h) | 4,513,000 | 4,558,130 | ||||||
Chesapeake Energy Corp., 6.625%, 08/15/20 | 2,085,000 | 2,241,375 | ||||||
CITGO Petroleum Corp., 11.500%, 07/01/17(a) | 4,155,000 | 4,560,112 | ||||||
Continental Resources, Inc., 4.500%, 04/15/23 | 2,075,000 | 2,036,094 | ||||||
Continental Resources, Inc., 5.000%, 09/15/22 | 1,365,000 | 1,373,531 | ||||||
EP Energy LLC/Everest Acquisition Finance, Inc., 6.875%, 05/01/19 | 965,000 | 1,030,138 |
See Notes to Financial Statements.
24
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas—continued |
| |||||||
EP Energy LLC/Everest Acquisition Finance, Inc., 7.750%, 09/01/22 | 2,235,000 | 2,424,975 | ||||||
Halcon Resources Corp., 8.875%, 05/15/21 | 9,515,000 | 9,752,875 | ||||||
Halcon Resources Corp., 9.250%, 02/15/22(a) | 805,000 | 837,200 | ||||||
Halcon Resources Corp., 9.750%, 07/15/20 | 2,832,000 | 2,994,840 | ||||||
Hercules Offshore, Inc., 7.125%, 04/01/17(a) | 3,954,000 | 4,206,068 | ||||||
Hercules Offshore, Inc., 7.500%, 10/01/21(a)(g) | 1,295,000 | 1,295,000 | ||||||
Hercules Offshore, Inc., 8.750%, 07/15/21(a) | 1,440,000 | 1,526,400 | ||||||
Linn Energy LLC/Finance Corp., 8.625%, 04/15/20 | 855,000 | 883,856 | ||||||
MEG Energy Corp., 6.375%, 01/30/23(a) | 3,880,000 | 3,802,400 | ||||||
MEG Energy Corp., 7.000%, 03/31/24(a) | 5,120,000 | 5,152,000 | ||||||
Oasis Petroleum, Inc., 6.875%, 03/15/22(a) | 1,615,000 | 1,703,825 | ||||||
Oasis Petroleum, Inc., 6.875%, 01/15/23 | 2,470,000 | 2,618,200 | ||||||
Offshore Group Investment Ltd., 7.125%, 04/01/23 | 400,000 | 390,000 | ||||||
Offshore Group Investment Ltd., 7.500%, 11/01/19(h) | 3,925,000 | 4,131,063 | ||||||
Plains Exploration & Production Co., 6.500%, 11/15/20 | 1,020,000 | 1,094,381 | ||||||
Plains Exploration & Production Co., 6.750%, 02/01/22 | 1,834,000 | 1,962,908 | ||||||
Plains Exploration & Production Co., 6.875%, 02/15/23 | 9,210,000 | 9,877,725 | ||||||
Range Resources Corp., 5.000%, 03/15/23 | 3,270,000 | 3,139,200 | ||||||
Rex Energy Corp., 8.875%, 12/01/20(a) | 1,715,000 | 1,800,750 | ||||||
SandRidge Energy, Inc., 7.500%, 03/15/21 | 6,430,000 | 6,494,300 | ||||||
United Refining Co., 10.500%, 02/28/18(i) | 8,583,000 | 9,570,045 | ||||||
WPX Energy, Inc., 6.000%, 01/15/22 | 1,000,000 | 1,013,750 | ||||||
|
| |||||||
94,819,391 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas Services 1.0% |
| |||||||
Cie Generale de Geophysique —Veritas, 6.500%, 06/01/21 | 2,080,000 | 2,121,600 | ||||||
Forum Energy Technologies, Inc., 6.250%, 10/01/21(a) | 2,010,000 | 2,022,563 | ||||||
Hornbeck Offshore Services, Inc., 5.000%, 03/01/21 | 2,325,000 | 2,226,187 | ||||||
Oil States International, Inc., 6.500%, 06/01/19 | 2,140,000 | 2,268,400 | ||||||
|
| |||||||
8,638,750 | ||||||||
|
| |||||||
Pharmaceuticals 2.2% |
| |||||||
ConvaTec Healthcare, 10.500%, 12/15/18(a)(i) | 6,620,000 | 7,480,600 | ||||||
VPII Escrow Corp., 6.750%, 08/15/18(a) | 4,580,000 | 4,900,600 | ||||||
VPII Escrow Corp., 7.500%, 07/15/21(a) | 5,525,000 | 5,953,187 | ||||||
|
| |||||||
18,334,387 | ||||||||
|
| |||||||
Pipelines 2.2% |
| |||||||
Access Midstream Partners LP/ACMP Finance Corp., 5.875%, 04/15/21 | 2,660,000 | 2,733,150 | ||||||
Access Midstream Partners LP/ACMP Finance Corp., 6.125%, 07/15/22 | 1,635,000 | 1,679,962 | ||||||
MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 5.500%, 02/15/23 | 1,050,000 | 1,052,625 | ||||||
MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 6.250%, 06/15/22 | 315,000 | 331,538 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 02/01/21(a) | 8,705,000 | 8,520,019 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 04/15/23(a) | 2,550,000 | 2,444,812 | ||||||
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 6.125%, 10/15/21 | 1,475,000 | 1,482,375 | ||||||
|
| |||||||
18,244,481 | ||||||||
|
| |||||||
Real Estate 0.8% | ||||||||
CBRE Services, Inc., 5.000%, 03/15/23 | 2,910,000 | 2,728,125 | ||||||
Howard Hughes Corp., 6.875%, 10/01/21(a) | 4,170,000 | 4,166,914 | ||||||
|
| |||||||
6,895,039 | ||||||||
|
| |||||||
Retail 2.8% | ||||||||
Hot Topic, Inc., 9.250%, 06/15/21(a) | 1,065,000 | 1,094,288 |
See Notes to Financial Statements.
25
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Retail—continued | ||||||||
JC Penney Corp., Inc., 5.650%, 06/01/20(h) | 3,160,000 | 2,362,100 | ||||||
JC Penney Corp., Inc., 6.375%, 10/15/36(h) | 3,552,000 | 2,477,520 | ||||||
Landry’s Holdings II, Inc., 10.250%, 01/01/18(a) | 720,000 | 754,200 | ||||||
Landry’s, Inc., 9.375%, 05/01/20(a) | 4,895,000 | 5,164,225 | ||||||
Outerwall, Inc., 6.000%, 03/15/19(a) | 1,540,000 | 1,501,500 | ||||||
Party City Holdings, Inc., 8.875%, 08/01/20(a)(h) | 2,055,000 | 2,209,125 | ||||||
Sears Holdings Corp., 6.625%, 10/15/18(h) | 9,005,000 | 8,487,212 | ||||||
|
| |||||||
24,050,170 | ||||||||
|
| |||||||
Semiconductors 0.3% | ||||||||
Advanced Micro Devices, Inc., 7.500%, 08/15/22 | 805,000 | 770,787 | ||||||
Advanced Micro Devices, Inc., 7.750%, 08/01/20(h) | 825,000 | 807,469 | ||||||
Magnachip Semiconductor Corp., 6.625%, 07/15/21(a) | 760,000 | 750,500 | ||||||
|
| |||||||
2,328,756 | ||||||||
|
| |||||||
Shipbuilding 0.2% | ||||||||
Huntington Ingalls Industries, Inc., 7.125%, 03/15/21 | 1,565,000 | 1,686,288 | ||||||
|
| |||||||
Software 1.9% | ||||||||
Activision Blizzard, Inc., 5.625%, 09/15/21(a) | 4,625,000 | 4,630,781 | ||||||
Activision Blizzard, Inc., 6.125%, 09/15/23(a) | 2,625,000 | 2,638,125 | ||||||
BMC Software Finance, Inc., 8.125%, 07/15/21(a)(h) | 3,750,000 | 3,890,625 | ||||||
First Data Corp., 6.750%, 11/01/20(a) | 5,065,000 | 5,242,275 | ||||||
|
| |||||||
16,401,806 | ||||||||
|
| |||||||
Storage/Warehousing 0.7% | ||||||||
Niska Gas Storage US LLC/Niska Gas Storage Canada ULC, 8.875%, 03/15/18 | 5,995,000 | 6,204,825 | ||||||
|
| |||||||
Telecommunication Services 14.3% |
| |||||||
Avanti Communications Group PLC, 10.000%, 10/01/19(a)(g) | 3,665,000 | 3,701,650 | ||||||
CenturyLink, Inc., 5.625%, 04/01/20 | 3,595,000 | 3,509,619 | ||||||
EarthLink, Inc., 7.375%, 06/01/20(a) | 1,375,000 | 1,340,625 |
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
Intelsat Jackson Holdings SA, 5.500%, 08/01/23(a) | 575,000 | 537,625 | ||||||
Level 3 Financing, Inc., 8.125%, 07/01/19 | 5,985,000 | 6,403,950 | ||||||
Level 3 Financing, Inc., 8.625%, 07/15/20 | 3,855,000 | 4,211,587 | ||||||
Lynx II Corp., 6.375%, 04/15/23(a)(h) | 2,775,000 | 2,761,125 | ||||||
MetroPCS Wireless, Inc., 6.250%, 04/01/21(a) | 3,740,000 | 3,758,700 | ||||||
MetroPCS Wireless, Inc., 6.625%, 04/01/23(a)(h) | 4,250,000 | 4,260,625 | ||||||
NII Capital Corp., 7.625%, 04/01/21(h) | 3,995,000 | 2,836,450 | ||||||
NII International Telecom S.A.R.L., 11.375%, 08/15/19(a)(h) | 3,705,000 | 3,834,675 | ||||||
NII International Telecom SCA, 7.875%, 08/15/19(a) | 2,960,000 | 2,686,200 | ||||||
Nortel Networks Ltd., 10.750%, 07/15/16(c)(h)(i) | 6,790,000 | 7,859,425 | ||||||
Sable International Finance Ltd., 8.750%, 02/01/20(a) | 770,000 | 843,150 | ||||||
Satmex Escrow SA de CV, 9.500%, 05/15/17(i) | 8,770,000 | 9,559,300 | ||||||
SBA Telecommunications, Inc., 5.750%, 07/15/20 | 4,415,000 | 4,381,887 | ||||||
Softbank Corp., 4.500%, 04/15/20(a) | 5,630,000 | 5,410,430 | ||||||
Sprint Capital Corp., 6.875%, 11/15/28 | 2,405,000 | 2,146,463 | ||||||
Sprint Capital Corp., 6.900%, 05/01/19(i) | 10,664,000 | 10,957,260 | ||||||
Sprint Communications, Inc., 7.000%, 08/15/20(i) | 4,175,000 | 4,248,062 | ||||||
Sprint Corp., 7.875%, 09/15/23(a) | 3,570,000 | 3,641,400 | ||||||
Trilogy International Partners LLC, 10.250%, 08/15/16(a)(h) | 7,855,000 | 7,540,800 | ||||||
Tw telecom holdings, Inc., 5.375%, 10/01/22 | 3,985,000 | 3,805,675 | ||||||
UPCB Finance V Ltd., 7.250%, 11/15/21(a) | 3,300,000 | 3,597,000 | ||||||
US West Capital Funding, Inc., 6.875%, 07/15/28 | 1,490,000 | 1,326,100 | ||||||
ViaSat, Inc., 6.875%, 06/15/20 | 3,945,000 | 4,092,938 | ||||||
Wind Acquisition Finance Holdings, PIK, 12.250%, 07/15/17(a)(h) | 11,246,252 | 10,814,833 |
See Notes to Financial Statements.
26
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18(a) | 1,775,000 | 1,837,125 | ||||||
|
| |||||||
121,904,679 | ||||||||
|
| |||||||
Transportation 1.3% | ||||||||
CHC Helicopter SA, 9.250%, 10/15/20(h)(i) | 6,575,000 | 7,002,375 | ||||||
CHC Helicopter SA, 9.375%, 06/01/21 | 3,725,000 | 3,706,375 | ||||||
|
| |||||||
10,708,750 | ||||||||
|
| |||||||
Trucking & Leasing 0.1% | ||||||||
Flexi-Van Leasing, Inc., 7.875%, 08/15/18(a) | 835,000 | 864,225 | ||||||
|
| |||||||
Total Corporate Bonds | 746,609,783 | |||||||
|
| |||||||
Convertible Corporate Bond 0.3% |
| |||||||
Auto Parts & Equipment 0.3% | ||||||||
Meritor, Inc., 4.625%, 03/01/26(b)(h) | 2,145,000 | 2,162,428 | ||||||
|
| |||||||
Total Convertible Corporate Bond | 2,162,428 | |||||||
|
| |||||||
Preferred Stock 0.4% | ||||||||
Diversified Financial Service 0.4% |
| |||||||
GMAC Capital Trust I, Series 2, 8.125%(b) | 121,110 | 3,239,692 | ||||||
|
| |||||||
Total Preferred Stock | 3,239,692 | |||||||
|
| |||||||
Convertible Preferred Stock 1.0% |
| |||||||
Auto Manufacturers 1.0% | ||||||||
General Motors Co., Series B, 4.750%, 12/01/13 | 166,615 | 8,355,742 | ||||||
|
| |||||||
Total Convertible Preferred Stock | 8,355,742 | |||||||
|
| |||||||
Common Stock 0.1% | ||||||||
Energy-Alternate Sources 0.1% |
| |||||||
Aventine Renewable Energy Holdings, Inc. | 52,974 | 927,045 | ||||||
|
| |||||||
Total Common Stock | 927,045 | |||||||
|
| |||||||
U.S. Treasury Obligation 0.2% | ||||||||
U.S. Treasury Bill 0.2% | ||||||||
0.000%, 10/17/13 | 2,100,000 | 2,099,975 | ||||||
|
| |||||||
Total U.S. Treasury Obligation | 2,099,975 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Short-Term Investment 10.0% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(k) | 84,934,056 | 84,934,056 | ||||||
|
| |||||||
Total Short-Term Investment | 84,934,056 | |||||||
|
| |||||||
Money Market Fund 7.6% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(l) | 64,530,497 | 64,530,497 | ||||||
|
| |||||||
Total Money Market Fund | 64,530,497 | |||||||
|
| |||||||
Total Investments | 964,175,005 | |||||||
Liabilities in Excess of Other Assets — (13.3)% | (113,003,478 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 851,171,527 | ||||||
|
|
* | Non-income producing security. |
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 51.1% of net assets as of September 30, 2013. |
(b) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(c) | Security is in default. |
(d) | The Fund’s investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(e) | Less than 0.05% of Net Assets. |
(f) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(g) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(h) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $82,632,675. |
(i) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(j) | Security is perpetual in nature and has no stated maturity. |
(k) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(k)). |
(l) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
See Notes to Financial Statements.
27
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
High Income Fund — concluded
Investment Abbreviations
PIK | — | Payment in-kind | ||
ULC | — | Unlimited Liability Company |
Centrally Cleared Credit Default Swap Contracts — Buy Protection
At September 30, 2013, the Fund’s open credit default swap contracts were as follows:
Underlying Instrument | Broker (Exchange) | Notional Amount | Fixed Rate | Expiration Date | Implied Credit Spread* | Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||
CDX.NA.HY.20 | JPMorgan (CME) | $62,500,000 | 5.000 | % | 06/20/18 | 3.592 | % | $3,655,048 | $204,725 | |||||||||||||||||
CDX.NA.HY.20 | JPMorgan (CME) | 44,000,000 | 5.000 | 06/20/18 | 3.592 | (2,573,154 | ) | (559,723 | ) | |||||||||||||||||
|
|
|
| |||||||||||||||||||||||
$1,081,894 | $(354,998 | ) | ||||||||||||||||||||||||
|
|
|
|
As the buyer of protection, the Fund pays periodic fees in return for payment by the seller which is contingent upon an adverse credit event occurring in the underlying issuer or reference entity.
The value column indicates the impact each respective swap contract has on the Fund’s Net Assets at September 30, 2013.
* | Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
See Notes to Financial Statements.
28
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Intermediate Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Collateralized Mortgage Obligation 0.4% | ||||||||
Commercial Mortgage Backed Securities 0.4% |
| |||||||
LB-UBS Commercial Mortgage Trust | ||||||||
Series 2005-C7, Cl A3, 5.454%, 11/15/30(a) | 1,751,919 | 1,828,716 | ||||||
|
| |||||||
Total Collateralized Mortgage Obligation (Cost $1,753,258) | 1,828,716 | |||||||
|
| |||||||
Corporate Bonds 27.1% | ||||||||
Aerospace/Defense 0.3% |
| |||||||
United Technologies Corp., 3.100%, 06/01/22 | 1,286,000 | 1,265,083 | ||||||
|
| |||||||
Agriculture 0.5% | ||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(b) | 2,333,000 | 2,334,400 | ||||||
|
| |||||||
Airlines 0.3% | ||||||||
American Airlines Pass Through Trust, 4.950%, 07/15/24(b) | 1,623,000 | 1,631,115 | ||||||
|
| |||||||
Auto Manufacturers 0.4% | ||||||||
Daimler Finance N.A. LLC, 3.875%, 09/15/21(b) | 825,000 | 847,611 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(b) | 944,000 | 967,594 | ||||||
|
| |||||||
1,815,205 | ||||||||
|
| |||||||
Banks 1.5% | ||||||||
Fifth Third Bank, 1.450%, 02/28/18 | 1,883,000 | 1,830,201 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(b) | 751,000 | 785,689 | ||||||
KeyBank NA, 1.650%, 02/01/18 | 1,075,000 | 1,055,532 | ||||||
PNC Bank NA, 0.800%, 01/28/16 | 2,248,000 | 2,240,080 | ||||||
Wells Fargo & Co., 1.250%, 02/13/15, MTN | 1,202,000 | 1,212,007 | ||||||
|
| |||||||
7,123,509 | ||||||||
|
| |||||||
Beverages 0.5% | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 2.500%, 07/15/22 | 1,220,000 | 1,128,642 | ||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(b) | 1,156,000 | 1,187,682 | ||||||
|
| |||||||
2,316,324 | ||||||||
|
| |||||||
Chemicals 0.3% | ||||||||
Dow Chemical Co. (The), 3.000%, 11/15/22 | 617,000 | 568,130 |
Shares or Principal Amount($) | Value($) | |||||||
Chemicals—continued | ||||||||
Praxair, Inc., 4.625%, 03/30/15 | 889,000 | 942,406 | ||||||
|
| |||||||
1,510,536 | ||||||||
|
| |||||||
Commercial Services 0.4% | ||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(b) | 716,000 | 732,136 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(b) | 619,000 | 687,019 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(b) | 716,000 | 765,732 | ||||||
|
| |||||||
2,184,887 | ||||||||
|
| |||||||
Computers 1.2% | ||||||||
Apple, Inc., 2.400%, 05/03/23 | 1,122,000 | 1,015,613 | ||||||
EMC Corp., 3.375%, 06/01/23 | 1,325,000 | 1,294,753 | ||||||
IBM Corp., 0.875%, 10/31/14 | 1,740,000 | 1,751,206 | ||||||
IBM Corp., 1.250%, 02/06/17 | 1,610,000 | 1,615,277 | ||||||
|
| |||||||
5,676,849 | ||||||||
|
| |||||||
Diversified Financial Services 3.0% |
| |||||||
American Express Credit Corp., 2.375%, 03/24/17, MTN | 626,000 | 645,992 | ||||||
CME Group, Inc., 5.750%, 02/15/14 | 1,228,000 | 1,251,454 | ||||||
Ford Motor Credit Co. LLC, 4.375%, 08/06/23 | 832,000 | 832,470 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 | 1,522,000 | 1,667,429 | ||||||
General Electric Capital Corp., Series C, 5.250%(a)(c)(d) | 1,800,000 | 1,668,600 | ||||||
General Electric Capital Corp., Series B, 6.250%(a)(c) | 2,100,000 | 2,121,000 | ||||||
John Deere Capital Corp., 1.250%, 12/02/14, MTN | 998,000 | 1,008,181 | ||||||
Lazard Group LLC, 6.850%, 06/15/17 | 405,000 | 459,051 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 855,000 | 925,416 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(b) | 766,000 | 766,268 | ||||||
PACCAR Financial Corp., 1.550%, 09/29/14, MTN | 1,200,000 | 1,214,198 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN | 603,000 | 630,669 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(b) | 1,283,000 | 1,357,369 | ||||||
|
| |||||||
14,548,097 | ||||||||
|
| |||||||
Electric 1.2% | ||||||||
Alabama Power Co., 5.800%, 11/15/13 | 1,994,000 | 2,006,321 |
See Notes to Financial Statements.
29
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Intermediate Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Electric—continued | ||||||||
Dominion Resources, Inc., 1.950%, 08/15/16 | 477,000 | 486,725 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 | 567,000 | 650,008 | ||||||
Georgia Power Co., 6.000%, 11/01/13 | 1,442,000 | 1,448,042 | ||||||
Southern California Edison Co., 5.750%, 03/15/14 | 1,274,000 | 1,303,289 | ||||||
|
| |||||||
5,894,385 | ||||||||
|
| |||||||
Electronics 0.4% | ||||||||
Agilent Technologies, Inc., 3.875%, 07/15/23 | 2,195,000 | 2,131,683 | ||||||
|
| |||||||
Forest Products & Paper 0.2% |
| |||||||
Georgia-Pacific LLC, 3.734%, 07/15/23(b) | 1,217,000 | 1,186,364 | ||||||
|
| |||||||
Healthcare-Products 0.1% | ||||||||
Becton Dickinson and Co., 3.250%, 11/12/20 | 284,000 | 288,742 | ||||||
|
| |||||||
Healthcare-Services 0.6% | ||||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 | 1,075,000 | 1,072,488 | ||||||
WellPoint, Inc., 2.300%, 07/15/18 | 2,025,000 | 2,025,933 | ||||||
|
| |||||||
3,098,421 | ||||||||
|
| |||||||
Insurance 1.2% | ||||||||
Allstate Corp. (The), 5.750%, 08/15/53(a) | 1,456,000 | 1,419,600 | ||||||
American International Group, Inc., 4.125%, 02/15/24(e) | 1,068,000 | 1,068,736 | ||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 | 1,197,000 | 1,240,858 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(b) | 616,000 | 632,446 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(b) | 1,415,000 | 1,514,438 | ||||||
|
| |||||||
5,876,078 | ||||||||
|
| |||||||
Internet 0.1% | ||||||||
eBay, Inc., 2.600%, 07/15/22 | 519,000 | 482,535 | ||||||
|
| |||||||
Machinery-Diversified 0.3% | ||||||||
Deere & Co., 2.600%, 06/08/22 | 1,433,000 | 1,351,839 | ||||||
|
| |||||||
Media 0.6% | ||||||||
Comcast Corp., 3.125%, 07/15/22 | 1,921,000 | 1,871,523 |
Shares or Principal Amount($) | Value($) | |||||||
Media—continued | ||||||||
Time Warner Cable, Inc., 4.000%, 09/01/21 | 994,000 | 927,371 | ||||||
|
| |||||||
2,798,894 | ||||||||
|
| |||||||
Mining 3.8% | ||||||||
Barrick (PD) Australia Finance Property Ltd., 4.950%, 01/15/20 | 763,000 | 764,281 | ||||||
Barrick Gold Corp., 3.850%, 04/01/22 | 4,347,000 | 3,844,452 | ||||||
Barrick Gold Corp., 4.100%, 05/01/23 | 2,121,000 | 1,867,748 | ||||||
Barrick International Barbados Corp., 5.750%, 10/15/16(b) | 1,248,000 | 1,334,446 | ||||||
BHP Billiton Finance USA Ltd., 1.125%, 11/21/14 | 1,039,000 | 1,047,808 | ||||||
Kinross Gold Corp., 5.125%, 09/01/21(d) | 2,748,000 | 2,606,896 | ||||||
Newmont Mining Corp., 3.500%, 03/15/22 | 7,811,000 | 6,830,376 | ||||||
|
| |||||||
18,296,007 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 0.4% |
| |||||||
3M Co., 1.375%, 09/29/16 | 491,000 | 499,705 | ||||||
General Electric Co., 2.700%, 10/09/22 | 993,000 | 936,649 | ||||||
General Electric Co., 5.250%, 12/06/17 | 410,000 | 466,642 | ||||||
|
| |||||||
1,902,996 | ||||||||
|
| |||||||
Oil & Gas 0.3% | ||||||||
BP Capital Markets PLC, 2.248%, 11/01/16 | 798,000 | 821,386 | ||||||
Ensco PLC, 4.700%, 03/15/21 | 769,000 | 816,231 | ||||||
|
| |||||||
1,637,617 | ||||||||
|
| |||||||
Oil & Gas Services 0.5% | ||||||||
Schlumberger Investment SA, 3.300%, 09/14/21(b) | 636,000 | 636,998 | ||||||
Weatherford International Ltd., 4.950%, 10/15/13 | 1,160,000 | 1,161,460 | ||||||
Weatherford International Ltd., 5.125%, 09/15/20 | 526,000 | 548,378 | ||||||
|
| |||||||
2,346,836 | ||||||||
|
| |||||||
Pharmaceuticals 0.7% | ||||||||
Express Scripts Holding Co., 2.650%, 02/15/17 | 582,000 | 600,019 | ||||||
Mylan, Inc., 1.800%, 06/24/16(b) | 592,000 | 594,448 |
See Notes to Financial Statements.
30
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Intermediate Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Pharmaceuticals—continued |
| |||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 | 427,000 | 489,044 | ||||||
Perrigo Co., 2.950%, 05/15/23 | 692,000 | 668,988 | ||||||
Zoetis, Inc., 3.250%, 02/01/23(b) | 947,000 | 901,558 | ||||||
|
| |||||||
3,254,057 | ||||||||
|
| |||||||
Pipelines 1.2% | ||||||||
El Paso Pipeline Partners Operating Co. LLC, 6.500%, 04/01/20 | 364,000 | 418,574 | ||||||
Energy Transfer Partners LP, 4.650%, 06/01/21 | 488,000 | 501,035 | ||||||
Energy Transfer Partners LP, 6.700%, 07/01/18 | 1,108,000 | 1,297,619 | ||||||
Kinder Morgan Energy Partners LP, 3.450%, 02/15/23 | 2,171,000 | 2,030,315 | ||||||
TC Pipelines LP, 4.650%, 06/15/21 | 667,000 | 678,026 | ||||||
Williams Partners LP, 4.125%, 11/15/20 | 783,000 | 792,505 | ||||||
|
| |||||||
5,718,074 | ||||||||
|
| |||||||
Real Estate Investment Trust 2.0% |
| |||||||
American Tower Corp., 3.500%, 01/31/23 | 795,000 | 697,853 | ||||||
American Tower Corp., 5.000%, 02/15/24(d) | 2,064,000 | 2,020,262 | ||||||
Boston Properties LP, 3.800%, 02/01/24 | 944,000 | 907,379 | ||||||
Digital Realty Trust LP, 4.500%, 07/15/15 | 1,295,000 | 1,357,011 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 329,000 | 361,868 | ||||||
ERP Operating LP, 3.000%, 04/15/23 | 2,518,000 | 2,314,878 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 1,888,000 | 2,118,597 | ||||||
|
| |||||||
9,777,848 | ||||||||
|
| |||||||
Retail 1.6% | ||||||||
AutoZone, Inc., 3.700%, 04/15/22 | 615,000 | 602,322 | ||||||
Best Buy Co., Inc., 5.000%, 08/01/18 | 1,925,000 | 1,977,937 | ||||||
Macy’s Retail Holdings, Inc., 2.875%, 02/15/23 | 2,908,000 | 2,614,746 | ||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 | 2,554,000 | 2,496,936 | ||||||
|
| |||||||
7,691,941 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Semiconductors 1.1% | ||||||||
Analog Devices, Inc., 3.000%, 04/15/16 | 692,000 | 721,330 | ||||||
Intel Corp., 1.950%, 10/01/16 | 571,000 | 586,898 | ||||||
Intel Corp., 2.700%, 12/15/22 | 2,882,000 | 2,676,605 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(b) | 1,400,000 | 1,348,771 | ||||||
|
| |||||||
5,333,604 | ||||||||
|
| |||||||
Software 0.4% | ||||||||
Fidelity National Information Services, Inc., 3.500%, 04/15/23 | 925,000 | 832,062 | ||||||
Oracle Corp., 1.200%, 10/15/17 | 620,000 | 608,926 | ||||||
Oracle Corp., 2.375%, 01/15/19 | 762,000 | 765,587 | ||||||
|
| |||||||
2,206,575 | ||||||||
|
| |||||||
Telecommunication Services 1.9% |
| |||||||
AT&T, Inc., 0.900%, 02/12/16 | 736,000 | 732,515 | ||||||
AT&T, Inc., 3.875%, 08/15/21 | 534,000 | 540,775 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 | 1,660,000 | 1,496,874 | ||||||
Cisco Systems, Inc., 5.500%, 02/22/16 | 498,000 | 553,534 | ||||||
Softbank Corp., 4.500%, 04/15/20(b) | 1,480,000 | 1,422,280 | ||||||
Verizon Communications, Inc., 5.150%, 09/15/23 | 4,317,000 | 4,626,900 | ||||||
|
| |||||||
9,372,878 | ||||||||
|
| |||||||
Transportation 0.1% | ||||||||
United Parcel Service, Inc., 3.125%, 01/15/21 | 425,000 | 430,745 | ||||||
|
| |||||||
Total Corporate Bonds (Cost $131,626,496) | 131,484,124 | |||||||
|
| |||||||
U.S. Government Agency Mortgages 9.4% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Pool #J18800, 3.000%, 04/01/27 | 2,063,100 | 2,139,699 | ||||||
Pool #J20118, 2.500%, 08/01/27 | 7,205,862 | 7,253,717 | ||||||
|
| |||||||
9,393,416 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Pool #AM0067, 2.740%, 08/01/22 | 4,766,000 | 4,648,563 | ||||||
Pool #AT7985, 2.000%, 06/01/23 | 11,029,004 | 11,163,100 |
See Notes to Financial Statements.
31
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Intermediate Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #AP1217, 2.500%, 07/01/27 | 4,206,156 | 4,236,193 | ||||||
Pool #AB7246, 2.500%, 12/01/27 | 5,171,669 | 5,208,594 | ||||||
Pool #AM2100, 2.250%, 01/01/28 | 1,745,926 | 1,652,368 | ||||||
Pool #AL4042, 2.000%, 08/01/28 | 9,421,375 | 9,201,608 | ||||||
|
| |||||||
36,110,426 | ||||||||
|
| |||||||
Total U.S. Government Agency Mortgages | 45,503,842 | |||||||
|
| |||||||
U.S. Treasury Obligations 59.8% |
| |||||||
U.S. Treasury Notes 59.8% | ||||||||
0.500%, 11/15/13 | 22,797,000 | 22,809,470 | ||||||
0.375%, 03/15/15 | 21,026,000 | 21,076,105 | ||||||
0.375%, 11/15/15(g) | 109,276,000 | 109,284,523 | ||||||
0.500%, 06/15/16 | 20,187,000 | 20,168,064 | ||||||
0.625%, 08/31/17 | 7,868,000 | 7,745,676 | ||||||
0.750%, 02/28/18 | 83,961,000 | 82,334,256 | ||||||
1.375%, 07/31/18 | 7,667,000 | 7,680,778 | ||||||
2.500%, 08/15/23 | 19,264,000 | 19,068,355 | ||||||
|
| |||||||
Total U.S. Treasury Obligations | 290,167,227 | |||||||
|
| |||||||
Preferred Stocks 1.0% | ||||||||
Banks 0.7% | ||||||||
PNC Financial Services Group, Inc., Series P, 6.125%(a)(c) | 31,225 | 788,119 | ||||||
US Bancorp, Series G, 6.000%(a)(c)(d) | 92,000 | 2,478,480 | ||||||
|
| |||||||
3,266,599 | ||||||||
|
| |||||||
Insurance 0.3% | ||||||||
Arch Capital Group Ltd., Series C, 6.750%(c) | 23,325 | 564,232 | ||||||
Reinsurance Group of America, Inc., 6.200%(a)(c) | 37,750 | 931,670 | ||||||
|
| |||||||
1,495,902 | ||||||||
|
| |||||||
Real Estate Investment Trust 0.0%(f) |
| |||||||
Public Storage, Series U, 5.625%(c) | 9,725 | 211,519 | ||||||
|
| |||||||
Total Preferred Stocks | 4,974,020 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Short-Term Investment 1.8% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(h) | 8,579,495 | 8,579,495 | ||||||
|
| |||||||
Total Short-Term Investment | 8,579,495 | |||||||
|
| |||||||
Money Market Fund 2.5% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(i) | 11,940,232 | 11,940,232 | ||||||
|
| |||||||
Total Money Market Fund | 11,940,232 | |||||||
|
| |||||||
Total Investments |
| 494,477,656 | ||||||
Liabilities in Excess of Other Assets — (2.0)% | (9,472,437 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 485,005,219 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 4.5% of net assets as of September 30, 2013. |
(c) | Security is perpetual in nature and has no stated maturity. |
(d) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $8,361,404. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | Less than 0.05% of Net Assets. |
(g) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(h) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2 (k)). |
(i) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MTN — Medium Term Note
See Notes to Financial Statements.
32
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Investment Grade Tax-Exempt Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Municipal Bonds 93.8% | ||||||||
Alabama 1.9% | ||||||||
Birmingham, Series A, GO, 0.000%, 03/01/27(a) | 2,500,000 | 2,267,050 | ||||||
Birmingham, Series A, GO, 0.000%, 03/01/37(a) | 3,000,000 | 2,533,740 | ||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Children’s Hospital of Alabama, RB, 6.000%, 06/01/39, AGC(b) | 9,000,000 | 10,088,100 | ||||||
|
| |||||||
14,888,890 | ||||||||
|
| |||||||
Alaska 6.1% | ||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 5.500%, 09/01/23, AGC(b) | 18,000,000 | 20,943,900 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, AGC(b) | 15,500,000 | 18,022,625 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/32, AGC | 7,250,000 | 8,238,900 | ||||||
|
| |||||||
47,205,425 | ||||||||
|
| |||||||
Arkansas 1.6% | ||||||||
Arkansas State, GO, 5.000%, 06/15/21(c) | 10,000,000 | 11,958,800 | ||||||
|
| |||||||
California 16.8% | ||||||||
California Health Facilities Financing Authority, Series C, RB, 6.250%, 10/01/24 | 3,500,000 | 4,117,085 | ||||||
California Health Facilities Financing Authority, Series C, RB, 6.500%, 10/01/33 | 6,500,000 | 7,439,900 | ||||||
California Health Facilities Financing Authority, Series C, RB, 6.500%, 10/01/38(b) | 5,400,000 | 6,175,494 | ||||||
California State, GO, 5.250%, 10/01/25 | 4,900,000 | 5,571,839 | ||||||
California State, GO, 5.250%, 03/01/30(b) | 15,000,000 | 16,095,750 | ||||||
California State, GO, 6.500%, 04/01/33(b) | 24,500,000 | 28,942,585 | ||||||
Contra Costa Transportation Authority, Series B, RB, 5.000%, 03/01/24 | 1,500,000 | 1,719,000 |
Shares or Principal Amount($) | Value($) | |||||||
California—continued | ||||||||
Los Angeles California Community College District, Series A, GO, 6.000%, 08/01/33(b) | 10,000,000 | 11,502,800 | ||||||
Los Angeles California Wastewater System, Series A, RB, 5.750%, 06/01/34 | 5,000,000 | 5,675,250 | ||||||
San Francisco City & County Airports Commission, AMT, RB, 5.750%, 05/01/24, AGM | 5,000,000 | 5,633,400 | ||||||
University of California, RB, 5.000%, 05/15/48(d) | 13,000,000 | 15,182,310 | ||||||
University of California, Series O, RB, 5.750%, 05/15/27 | 3,000,000 | 3,453,990 | ||||||
University of California, Series O, RB, 5.750%, 05/15/28(b) | 10,000,000 | 11,513,300 | ||||||
University of California, Series O, RB, 5.750%, 05/15/29(b) | 5,095,000 | 5,854,563 | ||||||
|
| |||||||
128,877,266 | ||||||||
|
| |||||||
District of Columbia 1.2% | ||||||||
District of Columbia, Income Tax, Series A, RB, 5.500%, 12/01/30(b) | 8,000,000 | 8,953,040 | ||||||
|
| |||||||
Florida 6.6% | ||||||||
Florida State, Series E, GO, 5.000%, 06/01/25 | 4,800,000 | 5,457,600 | ||||||
Florida State Board of Education, Lottery Revenue, Capital Outlay, Public Education Project, Series A, GO, 5.000%, 06/01/20, NATL-RE/FGIC | 5,320,000 | 5,758,900 | ||||||
Florida State Board of Governors, Series A, RB, 5.000%, 10/01/20 | 2,285,000 | 2,645,093 | ||||||
Florida State Board of Governors, Series A, RB, 5.000%, 10/01/21 | 2,410,000 | 2,783,574 | ||||||
Highlands County Health Facilities Authority, Adventist Health, Series G, RB, 5.125%, 11/15/18(d) | 2,900,000 | 3,197,047 | ||||||
Miami-Dade County, Building Better Communities Program, Series B, GO, 6.000%, 07/01/23 | 2,000,000 | 2,335,520 |
See Notes to Financial Statements.
33
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Investment Grade Tax-Exempt Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Florida—continued | ||||||||
Miami-Dade County, Building Better Communities Program, Series B, GO, 6.125%, 07/01/25 | 3,000,000 | 3,502,410 | ||||||
Miami-Dade County, Series A, RB, 5.750%, 10/01/32 | 4,150,000 | 4,446,642 | ||||||
Miami-Dade County, Series B, AMT, RB, 5.000%, 10/01/19 | 1,000,000 | 1,102,330 | ||||||
Miami-Dade County, Series B, AMT, RB, 5.000%, 10/01/21 | 1,875,000 | 2,013,956 | ||||||
Miami-Dade County, Series B, AMT, RB, 5.000%, 10/01/22 | 1,995,000 | 2,138,341 | ||||||
Miami-Dade County, Series B, AMT, RB, 5.000%, 10/01/23 | 2,120,000 | 2,252,012 | ||||||
Miami-Dade County, Series D, AMT, RB, 5.000%, 10/01/22 | 1,430,000 | 1,532,746 | ||||||
Polk County School District Sales Tax Authority, RB, 5.250%, 10/01/15, AGM | 2,000,000 | 2,085,260 | ||||||
Reedy Creek Improvement District, Series A, GO, 5.250%, 06/01/31 | 8,790,000 | 9,494,958 | ||||||
|
| |||||||
50,746,389 | ||||||||
|
| |||||||
Georgia 0.7% | ||||||||
Georgia State, Series B, GO, 5.000%, 07/01/17(b) | 5,000,000 | 5,397,650 | ||||||
|
| |||||||
Illinois 2.0% | ||||||||
Chicago IL O’ Hare International Airport Revenue, Series D, RB, 5.250%, 01/01/19, NATL-RE, AMT(b) | 7,680,000 | 8,063,462 | ||||||
Grundy Kendall & Will Counties Community School District No. 201, GO, 5.750%, 10/15/21, AGC | 4,340,000 | 4,971,557 | ||||||
University of Illinois, Auxiliary Facilities System, Series A, RB, 5.750%, 04/01/38 | 2,000,000 | 2,198,540 | ||||||
|
| |||||||
15,233,559 | ||||||||
|
| |||||||
Indiana 0.9% | ||||||||
Indiana Finance Authority, RB, 5.000%, 02/01/26 | 5,835,000 | 6,555,156 | ||||||
|
| |||||||
Kansas 4.0% | ||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38(b) | 26,090,000 | 28,790,576 |
Shares or Principal Amount($) | Value($) | |||||||
Kansas—continued | ||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, Series D, RB, 5.000%, 11/15/22 | 2,000,000 | 2,199,140 | ||||||
|
| |||||||
30,989,716 | ||||||||
|
| |||||||
Maryland 1.7% | ||||||||
Baltimore County, GO, 5.000%, 08/01/15 | 2,810,000 | 3,049,637 | ||||||
Maryland State Department of Transportation, RB, 5.000%, 02/15/19 | 9,000,000 | 10,333,170 | ||||||
|
| |||||||
13,382,807 | ||||||||
|
| |||||||
Massachusetts 3.6% | ||||||||
Commonwealth of Massachusetts, Series A, GO, 5.000%, 04/01/25 | 5,520,000 | 6,279,717 | ||||||
Commonwealth of Massachusetts, Series B, GO, 5.000%, 06/01/24(b) | 11,990,000 | 13,839,098 | ||||||
Massachusetts State, Consolidated Lien, Series C, GO, 5.000%, 01/01/15 | 2,000,000 | 2,117,700 | ||||||
Massachusetts State, Consolidated Lien, Series C, GO, 5.000%, 09/01/18, Pre-refunded 09/01/2015 @ 100 | 5,310,000 | 5,780,466 | ||||||
|
| |||||||
28,016,981 | ||||||||
|
| |||||||
Michigan 2.8% | ||||||||
Michigan Finance Authority, RB, 5.000%, 07/01/21 | 10,000,000 | 11,224,600 | ||||||
Michigan Municipal Bond Authority, RB, 5.000%, 10/01/17(b) | 9,270,000 | 10,025,598 | ||||||
|
| |||||||
21,250,198 | ||||||||
|
| |||||||
Minnesota 0.8% | ||||||||
Minnesota State, Series D, GO, 5.000%, 08/01/22 | 5,515,000 | 6,492,479 | ||||||
|
| |||||||
Missouri 3.8% | ||||||||
Missouri State Board of Public Buildings, Series A, RB, 5.000%, 10/01/21 | 18,875,000 | 22,180,579 | ||||||
Missouri State Highways & Transit Commission State Road, Second Lien, RB, 5.250%, 05/01/20 | 6,500,000 | 7,420,790 | ||||||
|
| |||||||
29,601,369 | ||||||||
|
|
See Notes to Financial Statements.
34
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Investment Grade Tax-Exempt Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
New Jersey 8.0% | ||||||||
New Jersey Economic Development Authority, RB, 5.000%, 09/01/20, ST APPROP | 4,000,000 | 4,607,840 | ||||||
New Jersey Higher Education Student Assistance Authority, AMT, RB, 4.000%, 12/01/17 | 3,100,000 | 3,303,825 | ||||||
New Jersey Higher Education Student Assistance Authority, AMT, Series 1A, RB, 4.000%, 12/01/19 | 5,000,000 | 5,170,150 | ||||||
New Jersey Higher Education Student Assistance Authority, AMT, Series 1A, RB, 5.000%, 12/01/20 | 9,775,000 | 10,746,830 | ||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Series A, RB, 6.000%, 12/15/38 | 7,710,000 | 8,659,872 | ||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Series D, RB, 5.000%, 06/15/19, Pre-refunded 06/15/2015 @ 100, AGM(b) | 13,125,000 | 14,162,662 | ||||||
New Jersey Transportation Trust Fund Authority, RB, 5.500%, 06/15/39 | 8,235,000 | 8,776,287 | ||||||
New Jersey Transportation Trust Fund Authority, Series A, RB, 6.000%, 06/15/35, ST APPROP | 5,305,000 | 5,880,009 | ||||||
|
| |||||||
61,307,475 | ||||||||
|
| |||||||
New Mexico 1.5% | ||||||||
New Mexico, Series A, RB, 4.000%, 07/01/20 | 5,090,000 | 5,548,100 | ||||||
New Mexico Finance Authority, Public Project Revolving Fund, Series C, RB, 5.000%, 06/01/21, AMBAC | 5,595,000 | 5,757,759 | ||||||
|
| |||||||
11,305,859 | ||||||||
|
| |||||||
New York 8.1% | ||||||||
Erie County Industrial Development Agency, City School District Buffalo, Series A, RB, 5.750%, 05/01/29, BHAC | 5,340,000 | 6,006,058 |
Shares or Principal Amount($) | Value($) | |||||||
New York—continued | ||||||||
Erie County Industrial Development Agency, RB, 5.000%, 05/01/19, State Aid Withholding | 2,000,000 | 2,324,500 | ||||||
New York City, GO, 5.000%, 08/15/23, Pre-refunded 08/15/2014 @ 100 | 13,730,000 | 14,304,052 | ||||||
New York City Municipal Water Finance Authority, Water & Sewer System, Series A, RB, 5.750%, 06/15/40(b) | 15,330,000 | 17,002,043 | ||||||
New York City Transitional Finance Authority, Building Aid, Series S-2, RB, 6.000%, 07/15/38, State Aid Withholding(b) | 7,500,000 | 8,465,850 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, 5.000%, 02/01/28 | 5,000,000 | 5,466,800 | ||||||
New York Municipal Bond Bank Agency, RB, 5.000%, 12/01/20, State Aid Withholding | 2,000,000 | 2,342,920 | ||||||
New York State Thruway Authority, Series B, RB, 5.000%, 04/01/18, AMBAC | 5,700,000 | 6,191,967 | ||||||
|
| |||||||
62,104,190 | ||||||||
|
| |||||||
North Carolina 0.7% | ||||||||
Raleigh, Series B, GO, 5.000%, 04/01/20 | 4,700,000 | 5,621,482 | ||||||
|
| |||||||
Ohio 0.8% | ||||||||
Ohio State, Series B, GO, 5.000%, 06/15/25 | 5,300,000 | 5,992,975 | ||||||
|
| |||||||
Oregon 1.5% | ||||||||
Oregon State Department of Transportation, Highway User Tax, Series B, RB, 5.000%, 11/15/17, Pre-refunded 11/15/2014 @ 100 | 2,500,000 | 2,634,050 | ||||||
Pennsylvania Turnpike Commission, Series B, RB, 1.220%, 12/01/19(d) | 3,500,000 | 3,497,270 | ||||||
Tri-County Metropolitan Transportation District, Refunding Limited Tax Pledge, Series A, RB, 5.000%, 09/01/20, AGM | 5,170,000 | 5,591,355 | ||||||
|
| |||||||
11,722,675 | ||||||||
|
|
See Notes to Financial Statements.
35
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Investment Grade Tax-Exempt Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Pennsylvania 6.0% | ||||||||
Allegheny County Port Authority, RB, 5.750%, 03/01/29 | 7,500,000 | 8,204,175 | ||||||
Easton Area School District, Series 2006, GO, 7.750%, 04/01/25, AGM | 3,980,000 | 4,546,075 | ||||||
Pennsylvania Economic Development Financing Authority, RB, 5.000%, 07/01/21 | 7,500,000 | 8,383,500 | ||||||
Pennsylvania Economic Development Financing Authority, RB, 5.000%, 01/01/22 | 3,000,000 | 3,376,680 | ||||||
Pennsylvania Economic Development Financing Authority, RB, 5.000%, 07/01/22 | 9,935,000 | 10,903,861 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Series B, RB, 5.500%, 09/15/23, GO of University | 6,750,000 | 7,824,668 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Series B, RB, 5.500%, 09/15/24, GO of University | 2,500,000 | 2,878,675 | ||||||
|
| |||||||
46,117,634 | ||||||||
|
| |||||||
South Carolina 0.4% | ||||||||
South Carolina State Public Service Authority, Series E, RB, 5.000%, 12/01/48(c) | 3,000,000 | 2,948,760 | ||||||
|
| |||||||
Texas 8.3% | ||||||||
Austin, Series 2005, GO, 5.000%, 09/01/19, NATL-RE | 5,000,000 | 5,332,400 | ||||||
City Public Service Board of San Antonio, RB, 5.250%, 02/01/24 | 2,350,000 | 2,810,647 | ||||||
Dallas Community College District, GO, 5.000%, 02/15/24 | 5,850,000 | 6,573,294 | ||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, PSF-GTD(b) | 6,000,000 | 6,966,780 | ||||||
Fort Bend Grand Parkway Toll Road Authority, RB, 5.000%, 03/01/37 | 3,000,000 | 3,142,620 |
Shares or Principal Amount($) | Value($) | |||||||
Texas—continued | ||||||||
Grand Parkway Transportation Corp., Series C, RB, 2.000%, 10/01/17(d) | 10,250,000 | 10,307,502 | ||||||
Lower Colorado River Authority, Series A, RB, 5.875%, 05/15/15, AGM | 1,185,000 | 1,190,439 | ||||||
North Harris County Regional Water Authority, RB, 5.250%, 12/15/18, NATL-RE | 2,690,000 | 2,828,669 | ||||||
San Antonio Electric & Gas, RB, 5.000%, 02/01/24, Pre-refunded 02/01/2015 @ 100 | 1,875,000 | 1,993,144 | ||||||
Texas State, GO, 5.000%, 04/01/25 | 10,325,000 | 11,938,178 | ||||||
Texas State Public Finance Authority, Unemployment Comp., Series A, RB, 5.000%, 01/01/15 | 5,000,000 | 5,295,550 | ||||||
Texas State University Systems Financing, RB, 5.000%, 03/15/18, AGM | 5,035,000 | 5,356,183 | ||||||
|
| |||||||
63,735,406 | ||||||||
|
| |||||||
Virginia 0.6% | ||||||||
Commonwealth of Virginia, Series B, GO, 5.000%, 06/01/19 | 2,050,000 | 2,431,218 | ||||||
Norfolk, Series C, GO, 5.000%, 04/01/23 | 1,875,000 | 2,124,131 | ||||||
|
| |||||||
4,555,349 | ||||||||
|
| |||||||
Washington 3.4% | ||||||||
Central Puget Sound Regional Transit Authority, Series A, RB, 5.000%, 11/01/23, Pre-refunded 05/01/2015 @ 100, AMBAC(b) | 6,000,000 | 6,444,240 | ||||||
Washington State, Series A, GO, 5.000%, 07/01/20, Pre-refunded 07/01/2015 @ 100, AGM | 7,700,000 | 8,323,623 | ||||||
Washington State, Series B, GO, 5.000%, 02/01/31 | 5,470,000 | 5,875,655 | ||||||
Washington State University, RB, 5.000%, 10/01/37 | 5,000,000 | 5,255,600 | ||||||
|
| |||||||
25,899,118 | ||||||||
|
| |||||||
Total Municipal Bonds | 720,860,648 | |||||||
|
|
See Notes to Financial Statements.
36
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Investment Grade Tax-Exempt Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 7.7% | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(e) | 59,132,543 | 59,132,543 | ||||||
|
| |||||||
Total Money Market Fund | 59,132,543 | |||||||
|
| |||||||
Total Investments |
| 779,993,191 | ||||||
Liabilities in Excess of Other Assets — (1.5)% | (11,154,783 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 768,838,408 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of September 30, 2013. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(e) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
AGC | — | Security guaranteed by Assured Guaranty Corporation | ||
AGM | — | Security guaranteed by Assured Guaranty Municipal Corporation | ||
AMBAC | — | Security guaranteed by American Municipal Bond Assurance Corporation | ||
AMT | — | Income subject to Alternative Minimum Tax | ||
BHAC | — | Security guaranteed by Berkshire Hathaway Assurance Corporation | ||
FGIC | — | Security guaranteed by Financial Guaranty Insurance Company | ||
GO | — | General Obligation | ||
NATL-RE | — | Reinsurance provided by National Public Finance Guarantee Corporation | ||
RB | — | Revenue Bond | ||
ST APPROP | — | State Appropriation |
See Notes to Financial Statements.
37
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Limited Duration Fund
Shares or Principal Amount($) | Value($) | |||||||
Asset-Backed Securities 29.6% | ||||||||
Automobiles 9.5% | ||||||||
AmeriCredit Automobile Receivables Trust, Series 2012-4, Cl A2, 0.490%, 04/08/16 | 232,586 | 232,523 | ||||||
Nissan Master Owner Trust Receivables, Series 2013-A, Cl A, 0.482%, 02/15/18(a) | 400,000 | 399,329 | ||||||
|
| |||||||
631,852 | ||||||||
|
| |||||||
Credit Card 16.5% | ||||||||
American Express Issuance Trust II, Series 2013-1, Cl B, 0.632%, 02/15/19(a) | 400,000 | 395,571 | ||||||
Capital One Multi-Asset Execution Trust, Series 2006-B1, Cl B1, 0.462%, 01/15/19(a) | 300,000 | 295,883 | ||||||
Discover Card Master Trust, Series 2013-A1, Cl A1, 0.482%, 08/17/20(a) | 400,000 | 399,368 | ||||||
|
| |||||||
1,090,822 | ||||||||
|
| |||||||
Student Loan Asset Backed Securities 3.6% |
| |||||||
SLM Student Loan Trust, Series 2012-7, Cl A1, 0.339%, 02/27/17(a) | 237,722 | 237,486 | ||||||
|
| |||||||
Total Asset-Backed Securities |
| 1,960,160 | ||||||
|
| |||||||
Collateralized Mortgage Obligations 66.8% | ||||||||
Agency Collateralized Mortgage Obligations 64.4% | ||||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 2589, Cl F, 0.380%, 03/17/33(a) | 773,586 | 769,182 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Agency Collateralized Mortgage Obligations—continued |
| |||||||
Federal National Mortgage Association | ||||||||
Pool #AM4148, 0.635%, 09/01/20(a) | 1,650,000 | 1,649,364 | ||||||
Series 2004-79, Cl FM, 0.479%, 11/25/24(a) | 1,236,451 | 1,239,566 | ||||||
Series 2010-90, Cl MF, 0.579%, 04/25/28(a) | 611,377 | 613,089 | ||||||
|
| |||||||
3,502,019 | ||||||||
|
| |||||||
4,271,201 | ||||||||
|
| |||||||
Commercial Mortgage Backed Securities 2.4% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series KF01, Cl A, 5.321%, 04/25/19(a) | 160,734 | 160,785 | ||||||
|
| |||||||
Total Collateralized Mortgage Obligations | 4,431,986 | |||||||
|
| |||||||
Money Market Fund 6.0% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) | 398,234 | 398,234 | ||||||
|
| |||||||
Total Money Market Fund |
| 398,234 | ||||||
|
| |||||||
Total Investments |
| 6,790,380 | ||||||
Liabilities in Excess of Other Assets — (2.4)% | (158,073 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 6,632,307 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(b) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
See Notes to Financial Statements.
38
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Limited-Term Federal Mortgage Securities Fund
Shares or Principal Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations 17.3% | ||||||||
Agency Collateralized Mortgage Obligations 13.2% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3774, Cl EW, 3.500%, 12/15/25(a) | 711,000 | 725,852 | ||||||
Series 3800, Cl CB, 3.500%, 02/15/26 | 159,000 | 161,952 | ||||||
Series 3909, Cl UB, REMIC, 3.500%, 08/15/26(a) | 800,000 | 823,899 | ||||||
|
| |||||||
1,711,703 | ||||||||
|
| |||||||
Commercial Mortgage Backed Securities 4.1% |
| |||||||
GS Mortgage Securities Corp. II | ||||||||
Series 2005-ROCK, Cl A, 5.366%, 05/03/32(b) | 250,000 | 283,389 | ||||||
Series 2012-ALOH, Cl A, 3.551%, 04/10/34(b) | 250,000 | 247,568 | ||||||
|
| |||||||
530,957 | ||||||||
|
| |||||||
Total Collateralized Mortgage Obligations |
| 2,242,660 | ||||||
|
| |||||||
U.S. Government Agency Mortgages 81.2% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Pool #J18838, 2.500%, 04/01/27 | 178,150 | 179,498 | ||||||
Pool #E09023, 2.000%, 02/01/28 | 187,442 | 182,924 | ||||||
Pool #C91404, 3.500%, 10/01/31 | 222,677 | 230,943 | ||||||
Pool #C91483, 3.500%, 07/01/32 | 25,713 | 26,809 | ||||||
Pool #C01785, 5.000%, 02/01/34(a) | 722,563 | 782,947 | ||||||
Pool #G01828, 4.500%, 04/01/35 | 277,845 | 296,384 | ||||||
Pool #A47828, 3.500%, 08/01/35 | 117,577 | 120,491 | ||||||
Pool #G03092, 5.500%, 07/01/37 | 269,409 | 292,306 | ||||||
Pool #G04337, 5.500%, 04/01/38 | 210,538 | 227,675 | ||||||
Pool #G08353, 4.500%, 07/01/39(a) | 341,909 | 363,819 | ||||||
Pool #G06079, 6.000%, 07/01/39(a) | 329,598 | 359,261 | ||||||
Pool #A93101, 5.000%, 07/01/40 | 137,773 | 148,708 | ||||||
Pool #A93617, 4.500%, 08/01/40 | 123,702 | 131,659 | ||||||
|
| |||||||
3,343,424 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Pool #AM3713, 2.610%, 06/01/23 | 61,765 | 58,768 | ||||||
Pool #AM3604, 2.760%, 06/01/23 | 493,180 | 474,620 | ||||||
Pool #AM3851, 3.020%, 07/01/23 | 178,000 | 171,975 | ||||||
Pool #AM4001, 3.590%, 07/01/23 | 289,000 | 295,523 | ||||||
Pool #AM3972, 3.000%, 08/01/23 | 108,870 | 106,407 | ||||||
Pool #AM4158, 3.670%, 08/01/23 | 376,623 | 387,248 | ||||||
Pool #AK6980, 2.500%, 03/01/27 | 623,258 | 627,666 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #AQ9956, 2.000%, 01/01/28 | 171,627 | 167,623 | ||||||
Pool #AL4042, 2.000%, 08/01/28 | 31,779 | 31,037 | ||||||
Pool #MA0411, 4.000%, 05/01/30 | 388,587 | 408,792 | ||||||
Pool #MA0481, 4.500%, 08/01/30 | 173,763 | 188,275 | ||||||
Pool #AB1763, 4.000%, 11/01/30 | 136,574 | 145,692 | ||||||
Pool #MA0575, 4.500%, 11/01/30 | 139,038 | 151,753 | ||||||
Pool #MA0587, 4.000%, 12/01/30 | 45,820 | 48,862 | ||||||
Pool #MA0919, 3.500%, 12/01/31 | 361,065 | 375,060 | ||||||
Pool #MA0976, 3.500%, 02/01/32 | 165,670 | 172,088 | ||||||
Pool #MA1029, 3.500%, 04/01/32 | 494,258 | 513,401 | ||||||
Pool #AB8428, 3.500%, 02/01/33 | 181,016 | 187,496 | ||||||
Pool #730727, 5.000%, 08/01/33 | 225,519 | 246,153 | ||||||
Pool #AI7951, 4.500%, 08/01/36 | 125,557 | 133,990 | ||||||
Pool #AK6960, 4.000%, 03/01/37 | 573,102 | 602,892 | ||||||
Pool #889529, 6.000%, 03/01/38 | 233,615 | 255,696 | ||||||
Pool #995724, 6.000%, 04/01/39 | 71,728 | 78,278 | ||||||
Pool #AA9840, 4.500%, 06/01/39 | 240,459 | 256,723 | ||||||
Pool #932441, 4.000%, 01/01/40 | 179,419 | 188,145 | ||||||
Pool #AB1343, 4.500%, 08/01/40 | 136,620 | 147,131 | ||||||
Pool #AC4624, 3.500%, 10/01/40 | 282,765 | 288,396 | ||||||
Pool #AL0005, 4.500%, 01/01/41 | 66,722 | 71,285 | ||||||
Pool #AB2694, 4.500%, 04/01/41 | 83,062 | 89,709 | ||||||
Pool #AL1627, 4.500%, 09/01/41 | 211,376 | 226,311 | ||||||
TBA, 2.000%, 15 year Maturity(c) | 64,000 | 62,430 | ||||||
|
| |||||||
7,159,425 | ||||||||
|
| |||||||
Total U.S. Government Agency Mortgages |
| 10,502,849 | ||||||
|
| |||||||
Money Market Fund 1.7% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(d) | 223,534 | 223,534 | ||||||
|
| |||||||
Total Money Market Fund |
| 223,534 | ||||||
|
| |||||||
Total Investments (Cost $12,841,324) — 100.2% |
| 12,969,043 | ||||||
Liabilities in Excess of Other Assets — (0.2)% | (23,900 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 12,945,143 | ||||||
|
|
(a) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 4.1% of net assets as of September 30, 2013. |
See Notes to Financial Statements.
39
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Limited-Term Federal Mortgage Securities Fund — concluded
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
REMIC | — | Real Estate Mortgage Investment Conduit | ||
TBA | — | To Be Announced. Securities purchased on a forward commitment basis with an appropriate principal amount and no definitive maturity date. The actual principal and maturity date will be determined upon settlement date. |
See Notes to Financial Statements.
40
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
North Carolina Tax-Exempt Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Municipal Bonds 96.2% | ||||||||
Alabama 0.4% | ||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) | 215,000 | 186,270 | ||||||
|
| |||||||
California 3.2% | ||||||||
California State, GO, 5.000%, 02/01/20 | 645,000 | 763,235 | ||||||
California State, GO, 5.000%, 09/01/33 | 750,000 | 786,442 | ||||||
|
| |||||||
1,549,677 | ||||||||
|
| |||||||
Georgia 1.7% | ||||||||
Private Colleges & Universities Authority, Series A, RB, 5.000%, 10/01/43 | 750,000 | 789,825 | ||||||
|
| |||||||
North Carolina 85.2% | ||||||||
Buncombe County Metropolitan Sewerage District, RB, 5.000%, 07/01/22 | 1,115,000 | 1,314,674 | ||||||
Charlotte, Series C, COP, 5.000%, 06/01/20 | 1,845,000 | 2,168,576 | ||||||
Charlotte, Series C, COP, 5.000%, 06/01/21 | 980,000 | 1,149,765 | ||||||
Charlotte Water & Sewer System, RB, 5.000%, 07/01/21 | 1,080,000 | 1,241,147 | ||||||
Charlotte-Mecklenburg Hospital Authority (The), Series A, RB, 5.000%, 01/15/43 | 2,000,000 | 2,005,240 | ||||||
Durham, Series A, GO, 4.000%, 07/01/16 | 710,000 | 775,597 | ||||||
Guilford County, GO, 4.000%, 10/01/14 | 1,825,000 | 1,893,583 | ||||||
Iredell County School Project, COP, 5.125%, 06/01/27, AGM | 1,000,000 | 1,056,730 | ||||||
New Hanover County Hospital, New Hanover Regional Medical Center, Series B, RB, 5.125%, 10/01/31, AGM(b) | 2,000,000 | 2,064,060 | ||||||
North Carolina Capital Facilities Finance Agency, RB, 5.000%, 04/01/30 | 1,000,000 | 1,039,100 | ||||||
North Carolina Capital Facilities Finance Agency, RB, 5.250%, 03/01/33(b) | 2,000,000 | 2,028,120 | ||||||
North Carolina Eastern Municipal Power Agency, Series B, RB, 6.250%, 01/01/23 | 1,000,000 | 1,240,500 | ||||||
North Carolina Medical Care Commission Health Care Facilities, University Health Systems, Series D, RB, 6.000%, 12/01/29 | 750,000 | 843,135 |
Shares or Principal Amount($) | Value($) | |||||||
North Carolina—continued | ||||||||
North Carolina Medical Care Commission Health Care Facilities, University Health Systems, Series D, RB, 6.250%, 12/01/33(b) | 2,000,000 | 2,234,260 | ||||||
North Carolina Municipal Power Agency, No. 1 Catawba Electric, RB, ETM, 5.000%, 01/01/20 | 1,600,000 | 1,897,296 | ||||||
North Carolina Municipal Power Agency, No. 1 Catawba Electric, Series A, RB, 5.000%, 01/01/30(b) | 3,000,000 | 3,152,280 | ||||||
North Carolina State, Series C, GO, 5.000%, 05/01/21 | 2,000,000 | 2,403,820 | ||||||
North Carolina State, Series D, GO, 4.000%, 06/01/21 | 1,500,000 | 1,691,475 | ||||||
North Carolina State Ports Authority Facilities, Series A, RB, 5.250%, 02/01/40(b) | 1,500,000 | 1,563,855 | ||||||
North Carolina State University at Raleigh, Series A, RB, 5.000%, 10/01/37 | 3,000,000 | 3,207,030 | ||||||
Raleigh, Series B, GO, 5.000%, 04/01/26 | 2,565,000 | 2,950,648 | ||||||
Raleigh Combined Enterprise System Revenue, Series A, RB, 5.000%, 03/01/27 | 1,250,000 | 1,423,713 | ||||||
Wake County, Series B, GO, 5.000%, 05/01/22 | 1,000,000 | 1,206,430 | ||||||
|
| |||||||
40,551,034 | ||||||||
|
| |||||||
South Carolina 2.8% | ||||||||
South Carolina State Public Service Authority, Series A, RB, 5.750%, 12/01/43 | 750,000 | 817,463 | ||||||
South Carolina State Public Service Authority, Series E, RB, 5.000%, 12/01/48(c) | 525,000 | 516,033 | ||||||
|
| |||||||
1,333,496 | ||||||||
|
| |||||||
Virginia 2.9% | ||||||||
Loudoun County Sanitation Authority, RB, 5.000%, 01/01/23 | 1,155,000 | 1,384,776 | ||||||
|
| |||||||
Total Municipal Bonds | 45,795,078 | |||||||
|
|
See Notes to Financial Statements.
41
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
North Carolina Tax-Exempt Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 3.7% |
| |||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(d) | 1,767,772 | 1,767,772 | ||||||
|
| |||||||
Total Money Market Fund | 1,767,772 | |||||||
|
| �� | ||||||
Total Investments | 47,562,850 | |||||||
Other Assets in Excess of Liabilities — 0.1% | 33,195 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 47,596,045 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of September 30, 2013. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
AGM | — | Security guaranteed by Assured Guaranty Municipal Corporation | ||
COP | — | Certificate of Participation | ||
ETM | — | Escrowed to Maturity | ||
GO | — | General Obligation | ||
RB | — | Revenue Bond |
See Notes to Financial Statements.
42
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund
Shares or Principal Amount($) | Value($) | |||||||
Bank Loans 96.3% | ||||||||
Aerospace/Defense 2.4% | ||||||||
Air Canada, Term Loan B, 09/20/19(a)(b)(c) | 31,730,000 | 31,650,675 | ||||||
AM General LLC, Term Loan B, 10.250%, 03/22/18(a)(d) | 22,381,125 | 20,506,706 | ||||||
Atlantic Aviation FBO, Inc., Term Loan B, 3.250%, 06/01/20(a)(d) | 6,653,325 | 6,613,804 | ||||||
AWAS Finance Luxembourg 2012 S.A., New Term Loan, 3.500%, 07/16/18(a)(d) | 4,432,191 | 4,432,191 | ||||||
DAE Aviation Holdings, Inc., Term Loan B, 6.250%, 10/29/18(a)(d) | 12,605,470 | 12,652,741 | ||||||
DAE Aviation Holdings, Inc., New Term Loan B2, 6.250%, 11/02/18(a)(d) | 5,714,480 | 5,735,909 | ||||||
DigitalGlobe, Inc., New Term Loan B, 3.750%, 01/31/20(a)(d) | 19,168,675 | 19,160,624 | ||||||
Flying Fortress, Inc., New Term Loan, 3.500%, 06/30/17(a)(d) | 9,430,000 | 9,410,386 | ||||||
Huntington Ingalls Industries, Inc., Term Loan A, 2.688%, 03/30/16(a)(d) | 11,020,314 | 11,041,032 | ||||||
Silver II US Holdings LLC, Term Loan, 4.000%, 12/13/19(a)(d) | 9,155,813 | 9,064,255 | ||||||
Six3 Systems, Inc., Term Loan B, 7.000%, 10/04/19(a)(d) | 7,324,650 | 7,434,520 | ||||||
TASC, Inc., New Term Loan B, 4.500%, 12/18/15(a)(d) | 12,377,639 | 12,124,887 | ||||||
Transdigm, Inc., Term Loan C, 3.750%, 02/28/20(a)(d) | 25,631,662 | 25,499,402 | ||||||
WESCO Distribution, Inc., Term Loan B, 4.500%-5.750%, 12/12/19(a)(d) | 6,201,879 | 6,214,282 | ||||||
WP CPP Holdings LLC, 1st Lien Term Loan, 4.750%, 12/27/19(a)(d) | 9,885,300 | 9,910,013 | ||||||
|
| |||||||
191,451,427 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Auto Manufacturers 1.1% | ||||||||
Allison Transmission, Inc., New Term Loan B3, 3.750%, 08/23/19(a)(d) | 17,894,564 | 17,875,954 | ||||||
Chrysler Group LLC, New Term Loan B, 4.250%, 05/24/17(a)(d) | 38,364,083 | 38,594,268 | ||||||
Keystone Automotive Operations, Inc., 1st Lien Term Loan, 7.000%, 08/15/19(a)(d) | 6,230,000 | 6,253,362 | ||||||
Navistar International Corp., Term Loan B, 5.750%, 08/17/17(a)(d) | 3,000,000 | 3,034,680 | ||||||
Remy International, Inc., New Term Loan B, 4.250%, 03/05/20(a)(d) | 6,636,448 | 6,640,629 | ||||||
Tower Automotive Holdings USA LLC, Term Loan B, 4.750%, 04/23/20(a)(d) | 10,613,400 | 10,613,400 | ||||||
Wabash National Corp., Term Loan B, 4.500%, 05/02/19(a)(d) | 8,972,949 | 8,967,386 | ||||||
|
| |||||||
91,979,679 | ||||||||
|
| |||||||
Auto Parts & Equipment 0.3% |
| |||||||
Allison Transmission, Inc., Term Loan B2, 3.190%, 08/07/17(a)(d) | 4,693,634 | 4,691,663 | ||||||
Tomkins LLC, Term Loan B2, 3.750%, 09/29/16(a)(d) | 15,656,362 | 15,666,226 | ||||||
|
| |||||||
20,357,889 | ||||||||
|
| |||||||
Banks 1.1% | ||||||||
Istar Financial, Inc., Term Loan, 4.500%, 10/16/17(a)(d) | 85,214,924 | 85,278,835 | ||||||
|
| |||||||
Building Materials 0.4% | ||||||||
Allegion PLC, Term Loan B, 09/30/20(a)(b)(c) | 7,195,000 | 7,200,972 | ||||||
CPG International, Inc., New Term Loan, 09/30/20(a)(b)(c) | 8,990,000 | 8,945,050 | ||||||
Quikrete Companies, Inc. (The), 1st Lien Term Loan, 09/25/20(a)(b)(c) | 11,335,000 | 11,324,912 | ||||||
Quikrete Companies, Inc. (The), 2nd Lien Term Loan, 03/26/21(a)(b)(c) | 1,000,000 | 1,015,830 | ||||||
|
| |||||||
28,486,764 | ||||||||
|
|
See Notes to Financial Statements.
43
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Chemicals 1.7% | ||||||||
Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 4.750%, 02/03/20(a)(d) | 11,441,652 | 11,473,803 | ||||||
Eagle Spinco, Inc., Term Loan 1, 2.679%, 01/27/17(a)(d) | 4,556,820 | 4,579,604 | ||||||
Huntsman International LLC, Extended Term Loan B, 2.679%-2.718%, 04/19/17(a)(d) | 15,566,918 | 15,557,266 | ||||||
Ineos US Finance LLC, 6 Year Term Loan, 4.000%, 05/04/18(a)(d) | 60,592,723 | 59,869,246 | ||||||
MacDermid, Inc., 1st Lien Term Loan, 4.000%, 06/08/20(a)(d) | 6,463,800 | 6,431,481 | ||||||
Nexeo Solutions LLC, Term Loan B, 5.000%, 09/08/17(a)(d) | 5,049,348 | 4,935,737 | ||||||
OXEA Finance LLC, USD Term Loan B2, 4.250%, 01/15/20(a)(d) | 4,405,000 | 4,360,950 | ||||||
PQ Corp., Term Loan, 4.500%, 08/07/17(a)(d) | 6,371,850 | 6,387,780 | ||||||
Royal Adhesives and Sealants LLC, 1st Lien Term Loan, 5.500%, 07/31/18(a)(d) | 3,000,000 | 3,022,500 | ||||||
Taminco NV, USD Term Loan B2, 4.250%, 02/15/19(a)(d) | 4,506,632 | 4,521,640 | ||||||
Tata Chemicals North America, Inc., Term Loan B, 3.750%, 08/07/20(a)(d) | 3,780,525 | 3,766,348 | ||||||
Univar, Inc., Term Loan B, 5.000%, 06/30/17(a)(d) | 3,996,897 | 3,848,012 | ||||||
Utex Industries, Inc., 1st Lien Term Loan, 4.750%, 04/10/20(a)(d) | 5,905,200 | 5,890,437 | ||||||
WNA Holdings, Inc., USD 1st Lien Term Loan, 4.500%-5.500%, 06/05/20(a)(d) | 3,114,434 | 3,108,610 | ||||||
|
| |||||||
137,753,414 | ||||||||
|
| |||||||
Commercial Services 4.3% | ||||||||
ABC Supply Co., Inc., Term Loan, 3.500%, 04/16/20(a)(d) | 28,130,000 | 27,890,895 |
Shares or Principal Amount($) | Value($) | |||||||
Commercial Services—continued |
| |||||||
ADS Waste Holdings, Inc., New Term Loan B, 4.250%, 10/09/19(a)(d) | 27,159,763 | 27,130,158 | ||||||
Dematic S.A., USD Term Loan, 5.250%, 12/27/19(a)(d) | 10,783,513 | 10,819,422 | ||||||
Freeport-McMoran Copper & Gold, Inc., Term Loan A, 1.680%, 02/12/18(a)(d) | 115,705,000 | 115,054,738 | ||||||
Harland Clarke Holdings Corp., Extended Term Loan B2, 5.429%, 06/30/17(a)(d) | 44,987,424 | 44,331,507 | ||||||
Hertz Corp. (The), Term Loan B2, 3.000%, 03/11/18(a)(d) | 11,594,111 | 11,566,748 | ||||||
Hertz Corp. (The), Add-On Term Loan B, 3.750%, 03/12/18(a)(d) | 15,770,825 | 15,793,851 | ||||||
Infor (US), Inc., USD Term Loan B3, 3.750%, 06/03/20(a)(d) | 7,799,027 | 7,717,761 | ||||||
Infor (US), Inc., USD Term Loan B2, 5.250%, 04/05/18(a)(d) | 19,094,666 | 19,174,291 | ||||||
Instant Web, Inc., Term Loan B, 3.554%, 08/07/14(a)(d) | 9,768,003 | 7,814,403 | ||||||
Merrill Communications, LLC, 1st Lien Term Loan, 7.250%-8.500%, 03/08/18(a)(d) | 18,332,875 | 18,401,623 | ||||||
Moneygram International, Inc., New Term Loan B, 4.250%, 03/27/20(a)(d) | 6,139,150 | 6,131,476 | ||||||
Springer Science & Business Media Deutschland GmbH, USD Term Loan B2, 5.000%, 07/31/20(a)(d) | 8,875,000 | 8,808,438 | ||||||
Vertafore, Inc., 1st Lien Term Loan, 4.250%, 10/03/19(a)(d) | 5,760,152 | 5,761,938 | ||||||
Walter Energy, Inc., Term Loan B, 6.750%, 04/02/18(a)(d) | 4,609,717 | 4,418,736 | ||||||
West Corp., Term Loan B8, 3.750%, 06/29/18(a)(d) | 12,244,607 | 12,232,362 | ||||||
|
| |||||||
343,048,347 | ||||||||
|
|
See Notes to Financial Statements.
44
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Consumer Discretionary 0.9% |
| |||||||
Collective Brands Finance, Inc., Term Loan, 7.250%, 10/09/19(a)(d) | 4,428,430 | 4,406,288 | ||||||
Jarden Corp., Add-On Term Loan B1, 09/30/20(a)(b)(c) | 13,485,000 | 13,461,536 | ||||||
Revlon Consumer Products Corp., Acquisition Term Loan, 08/19/19(a)(b)(c) | 26,750,000 | 26,699,978 | ||||||
Spectrum Brands, Inc., Term Loan A, 3.000%, 09/07/17(a)(d) | 15,600,000 | 15,583,620 | ||||||
Spectrum Brands, Inc., Term Loan C, 3.500%, 08/13/19(a)(d) | 3,565,000 | 3,560,544 | ||||||
Sun Products Corp. (The), New Term Loan, 5.500%, 03/23/20(a)(d) | 10,984,800 | 10,671,733 | ||||||
|
| |||||||
74,383,699 | ||||||||
|
| |||||||
Consumer Staples 0.3% | ||||||||
Serta Simmons Holdings LLC, Term Loan, 5.000%, 10/01/19(a)(d) | 24,693,862 | 24,715,840 | ||||||
|
| |||||||
Diversified Financial Services 4.8% |
| |||||||
Acosta, Inc., Term Loan D, 5.000%, 03/02/18(a)(d) | 7,166,871 | 7,163,288 | ||||||
Affinion Group, Inc., Term Loan B, 6.500%, 10/10/16(a)(d) | 17,593,912 | 17,056,242 | ||||||
American Capital Holdings, Inc., New Term Loan, 4.000%, 08/22/16(a)(d) | 7,725,000 | 7,741,068 | ||||||
Ceridian Corp., New Term Loan B, 4.429%, 05/09/17(a)(c)(d) | 15,536,866 | 15,527,233 | ||||||
Clipper Acquisitions Corp., Term Loan B, 4.000%, 02/06/20(a)(d) | 8,083,913 | 8,104,122 | ||||||
Duff & Phelps Investment Management Co., Term Loan B, 4.500%, 04/23/20(a)(d) | 5,067,300 | 5,079,968 | ||||||
First Data Corp., New 2017 Term Loan, 4.180%, 03/24/17(a)(d) | 17,485,325 | 17,303,128 | ||||||
First Data Corp., Extended 2018 Term Loan B, 4.180%, 03/23/18(a)(c)(d) | 62,359,924 | 61,689,555 |
Shares or Principal Amount($) | Value($) | |||||||
Diversified Financial Services—continued |
| |||||||
First Data Corp., 2018 Term Loan, 4.180%, 09/24/18(a)(c)(d) | 37,920,000 | 37,512,360 | ||||||
Getty Images, Inc., Term Loan B, 4.750%, 10/18/19(a)(d) | 7,830,825 | 7,006,631 | ||||||
Guggenheim Partners LLC, Term Loan, 4.000%, 07/17/20(a)(d) | 3,530,000 | 3,534,413 | ||||||
Interactive Data Corp., New Term Loan B, 3.750%, 02/11/18(a)(d) | 16,172,753 | 16,081,862 | ||||||
Minimax GmbH & Co. KG, USD Term Loan B, 08/07/20(a)(b)(c) | 4,450,000 | 4,452,803 | ||||||
MIP Delaware LLC, Term Loan, 4.000%, 03/09/20(a)(d) | 5,093,852 | 5,109,796 | ||||||
Nuveen Investments, Inc., New Term Loan, 4.179%, 05/15/17(a)(d) | 11,490,000 | 11,342,813 | ||||||
Oberthur Technologies Holding SAS, USD Term Loan B, 6.252%, 03/30/19(a)(d) | 7,340,850 | 7,340,850 | ||||||
Peabody Energy Corp., Term Loan B, 09/30/20(a)(b)(c) | 20,850,000 | 20,611,059 | ||||||
Pre-Paid Legal Services, Inc., 1st Lien Term Loan, 6.250%, 06/07/19(a)(d) | 9,221,129 | 9,159,624 | ||||||
Springleaf Financial Funding Co., Term Loan B2, 09/25/19(a)(b) | 62,930,000 | 62,903,569 | ||||||
Springleaf Financial Funding Co., Term Loan, 5.500%, 05/10/17(a)(c)(d) | 9,289,928 | 9,291,879 | ||||||
SunGard Data Systems, Inc., Term Loan C, 3.932%, 02/28/17(a)(d) | 4,638,736 | 4,650,333 | ||||||
SunGard Data Systems, Inc., Term Loan E, 4.000%, 03/09/20(a)(d) | 20,626,350 | 20,660,796 | ||||||
SunGard Data Systems, Inc., Term Loan D, 4.500%, 01/31/20(a)(d) | 14,614,438 | 14,760,290 | ||||||
Triple Point Technology, Inc., 1st Lien Term Loan, 5.250%, 07/10/20(a)(d) | 4,420,000 | 4,287,400 |
See Notes to Financial Statements.
45
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Diversified Financial Services—continued |
| |||||||
USIC Holdings, Inc., 1st Lien Term Loan, 4.750%, 07/10/20(a)(d) | 6,199,463 | 6,178,136 | ||||||
|
| |||||||
384,549,218 | ||||||||
|
| |||||||
Electric 1.5% | ||||||||
Calpine Corp., Term Loan B1, 4.000%, 04/02/18(a)(d) | 17,064,944 | 17,066,480 | ||||||
Calpine Corp., Term Loan B2, 4.000%, 04/02/18(a)(d) | 1,871,913 | 1,872,081 | ||||||
Calpine Corp., Term Loan B3, 4.000%, 10/09/19(a)(d) | 35,403,355 | 35,376,803 | ||||||
Constellation Brands, Inc., New Term Loan, 2.750%, 06/05/20(a)(d) | 22,927,538 | 22,772,776 | ||||||
NRG Energy, Inc., Refinance Term Loan B, 2.750%, 07/02/18(a)(d) | 29,147,572 | 28,931,297 | ||||||
Panda Temple Power II, LLC, New Term Loan B, 7.250%, 04/03/19(a)(d) | 2,000,000 | 2,017,500 | ||||||
Texas Competitive Electric Holdings Co. LLC, Extended Term Loan, 4.682%-4.766%, 10/10/17(a)(d) | 22,966,642 | 15,441,852 | ||||||
|
| |||||||
123,478,789 | ||||||||
|
| |||||||
Electronics 1.9% | ||||||||
Allflex Holdings III, Inc., New 1st Lien Term Loan, 4.250%, 07/17/20(a)(d) | 5,725,000 | 5,735,763 | ||||||
Blackboard, Inc., Term Loan B2, 6.250%, 10/04/18(a)(d) | 9,090,094 | 9,124,181 | ||||||
BMC Software Finance, Inc., USD Term Loan, 5.000%, 08/07/20(a)(d) | 31,670,000 | 31,654,165 | ||||||
Dell, Inc., USD Term Loan B, 04/30/20(a)(b)(c) | 40,005,000 | 39,267,308 | ||||||
Eastman Kodak Co., Exit Term Loan, 7.250%, 07/31/19(a)(d) | 11,072,250 | 10,961,527 | ||||||
Freescale Semiconductor, Inc., Term Loan B5, 5.000%, 01/15/21(a)(d) | 8,945,000 | 8,947,773 | ||||||
MEI Conlux Holdings (US), Inc., Term Loan B, 5.000%, 08/21/20(a)(d) | 8,970,000 | 8,966,233 |
Shares or Principal Amount($) | Value($) | |||||||
Electronics—continued | ||||||||
StoneRiver Holdings, Inc., 1st Lien Term Loan, 4.500%, 11/29/19(a)(d) | 6,753,075 | 6,702,427 | ||||||
SurveyMonkey.com, LLC, Term Loan B, 5.500%, 02/05/19(a)(d) | 7,621,700 | 7,640,754 | ||||||
Vantiv LLC, New Term Loan A, 1.929%, 05/15/18(a)(d) | 24,838,956 | 24,764,439 | ||||||
|
| |||||||
153,764,570 | ||||||||
|
| |||||||
Energy 2.1% | ||||||||
Aventine Renewable Energy Holdings, Inc., Extended PIK, Term Loan B, 0.000%, 09/22/17(d)(e)(f) | 7,350,871 | 4,337,014 | ||||||
Chesapeake Energy Corp., New Unsecured Term Loan, 5.750%, 12/01/17(a)(c)(d) | 70,945,000 | 72,119,849 | ||||||
Glenn Pool Oil & Gas Trust, Term Loan, 4.500%, 05/02/16(a)(d) | 31,355,139 | 31,355,139 | ||||||
HGIM Corp., Term Loan B, 5.500%, 06/18/20(a)(d) | 22,250,000 | 22,250,000 | ||||||
Pacific Drilling S.A., Term Loan B, 4.500%, 06/04/18(a)(d) | 15,077,213 | 15,126,214 | ||||||
Philadelphia Energy Solutions LLC, Term Loan B, 6.250%, 04/04/18(a)(d) | 15,095,709 | 13,208,745 | ||||||
Progressive Waste Solutions Ltd., Term Loan B, 3.500%, 10/24/19(a)(d) | 6,927,650 | 6,916,081 | ||||||
|
| |||||||
165,313,042 | ||||||||
|
| |||||||
Entertainment 2.1% | ||||||||
Altice Financing SA, Delayed Draw Term Loan, 4.500%-5.500%, 07/15/19(a)(d) | 32,110,000 | 31,494,451 | ||||||
AMC Entertainment, Inc., New Term Loan, 3.500%, 04/30/20(a)(d) | 2,985,000 | 2,965,418 | ||||||
AMC Networks Inc., Term Loan A, 1.682%, 06/30/17(a)(d) | 6,000,000 | 5,962,500 | ||||||
Barrington Broadcasting Group LLC, Term Loan B, 7.500%, 06/14/17(a)(d) | 2,118,972 | 2,116,323 |
See Notes to Financial Statements.
46
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Entertainment—continued | ||||||||
Cedar Fair, L.P., New Term Loan B, 3.250%, 03/06/20(a)(d) | 9,139,075 | 9,136,242 | ||||||
Cinemark USA, Inc., New Term Loan, 3.180%-5.250%, 12/18/19(a)(d) | 8,356,850 | 8,373,397 | ||||||
ClubCorp Club Operations, Inc., New Term Loan, 4.000%, 07/24/20(a)(d) | 3,330,543 | 3,334,706 | ||||||
CTI Foods Holding Co. LLC, New 1st Lien Term Loan, 4.500%, 06/29/20(a)(d) | 7,120,000 | 7,031,000 | ||||||
Delta 2 (LUX) S.a.r.l., USD Term Loan B, 4.500%, 04/30/19(a)(d) | 7,546,837 | 7,570,458 | ||||||
Great Wolf Resorts, Inc., Term Loan B, 4.500%, 08/06/20(a)(d) | 8,094,713 | 8,049,220 | ||||||
Hubbard Radio, LLC, Delayed Draw Term Loan, 04/29/19(a)(b)(c) | 1,500,000 | 1,507,500 | ||||||
Hubbard Radio, LLC, Term Loan B, 4.500%, 04/29/19(a)(d) | 5,125,141 | 5,127,293 | ||||||
IMG Worldwide, Inc., New Term Loan B, 5.500%, 06/16/16(d)(f) | 14,390,660 | 14,378,716 | ||||||
Kasima LLC, New Term Loan B, 3.250%, 05/17/21(a)(d) | 17,785,000 | 17,618,355 | ||||||
Live Nation Entertainment, Inc., 2020 Term Loan B1, 3.500%, 08/16/20(a)(d) | 17,830,000 | 17,718,563 | ||||||
Oceania Cruises, Inc., New Term Loan B, 6.750%, 06/29/20(a)(d) | 16,625,000 | 16,721,924 | ||||||
Regent Seven Seas Cruises, Inc., Refinance Term Loan B, 4.750%, 12/21/18(a)(d) | 5,236,438 | 5,262,620 | ||||||
WaveDivision Holdings LLC, Term Loan B, 4.000%-5.250%, 10/15/19(a)(d) | 3,687,138 | 3,681,607 | ||||||
|
| |||||||
168,050,293 | ||||||||
|
| |||||||
Food 6.9% | ||||||||
Aramark Corp., Extended Synthetic Letter of Credit 2, 07/26/16(a)(b)(c) | 975,000 | 975,517 |
Shares or Principal Amount($) | Value($) | |||||||
Food—continued | ||||||||
Aramark Corp., Non-Extended Synthetic Letter of Credit 1, 0.029%-2.025%, 01/27/14(a)(d) | 484,590 | 482,918 | ||||||
Aramark Corp., Extended Term Loan C, 3.748%, 07/26/16(a)(d) | 22,594,049 | 22,606,024 | ||||||
Aramark Corp., USD Term Loan D, 4.000%, 09/09/19(a)(d) | 11,460,000 | 11,463,553 | ||||||
Bally Technologies, Inc., Term Loan B, 08/31/20(a)(b)(c) | 11,710,000 | 11,691,732 | ||||||
Blue Buffalo Co., Ltd., Term Loan B2, 4.750%, 08/08/19(a)(d) | 8,187,455 | 8,231,831 | ||||||
Burger King Corp., New Term Loan B, 3.750%, 09/27/19(a)(d) | 4,054,050 | 4,049,712 | ||||||
Del Monte Foods Co., Term Loan, 4.000%, 03/08/18(a)(d) | 6,192,115 | 6,162,703 | ||||||
Dunkin’ Brands, Inc., Term Loan B3, 3.750%-5.000%, 02/14/20(a)(d) | 15,711,340 | 15,663,892 | ||||||
Hilton Worldwide Finance LLC, USD Term Loan B2, 09/23/20(a)(b)(c) | 198,715,000 | 198,353,339 | ||||||
HJ Heinz Co., Term Loan B1, 3.250%, 06/07/19(a)(d) | 48,199,200 | 48,165,943 | ||||||
HJ Heinz Co., Term Loan B2, 3.500%, 06/05/20(a)(d) | 96,747,525 | 96,956,500 | ||||||
ISS Holdings A/S, USD Term Loan B12, 3.750%, 04/30/18(a)(d) | 10,653,300 | 10,651,382 | ||||||
JBS USA Holdings, Inc., Incremental Term Loan, 3.750%, 09/18/20(a)(d) | 11,180,000 | 11,040,250 | ||||||
Landry’s, Inc., Term Loan B, 4.750%-7.500%, 04/24/18(a)(d) | 19,023,721 | 19,142,619 | ||||||
OSI Restaurant Partners LLC, New Term Loan, 3.500%, 10/25/19(a)(d) | 3,558,750 | 3,537,611 | ||||||
Pacific Industrial Services US Finco LLC, USD 1st Lien Term Loan, 09/24/18(a)(b)(c) | 8,090,000 | 8,103,510 |
See Notes to Financial Statements.
47
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Food—continued | ||||||||
Performance Food Group Co., 2nd Lien Term Loan, 6.250%, 11/14/19(a)(d) | 4,503,713 | 4,441,786 | ||||||
Pinnacle Foods Finance LLC, Incremental Term Loan H, 04/29/20(a)(b)(c) | 8,045,000 | 7,952,483 | ||||||
Pinnacle Foods Finance LLC, Term Loan G, 3.250%, 04/29/20(a)(d) | 22,646,836 | 22,426,029 | ||||||
Shingle Springs Tribal Gaming Authority, Term Loan B, 6.250%, 08/16/19(a)(d) | 5,390,000 | 5,369,788 | ||||||
Weight Watchers International, Inc., Term Loan B2, 3.750%, 04/02/20(a)(d) | 15,049,375 | 14,714,526 | ||||||
Wendy’s International, Inc., Term Loan A, 2.429%, 05/15/18(a)(c)(d) | 5,890,438 | 5,885,548 | ||||||
Wendy’s International, Inc., New Term Loan B, 3.250%, 05/15/19(a)(d) | 6,293,103 | 6,262,959 | ||||||
Yonkers Racing Corp., 1st Lien Term Loan, 4.250%, 08/16/19(a)(d) | 7,180,000 | 7,108,200 | ||||||
|
| |||||||
551,440,355 | ||||||||
|
| |||||||
Health Care 7.7% | ||||||||
Allscripts Healthcare Solutions, Inc., Term Loan A, 2.429%-2.432%, 06/28/18(a)(d) | 15,476,404 | 15,244,258 | ||||||
Aptalis Pharma, Inc., Term Loan B, 6.250%, 02/10/17(a)(d) | 10,588,186 | 10,584,904 | ||||||
Aptalis Pharma, Inc., Term Loan B2, 6.250%, 02/10/17(a)(d) | 10,245,219 | 10,242,043 | ||||||
Ardent Medical Services, Inc., Term Loan, 6.750%, 07/02/18(a)(d) | 10,828,175 | 10,855,245 | ||||||
Biomet, Inc., Term Loan B2, 07/25/17(a)(b)(c) | 11,510,114 | 11,544,299 | ||||||
Community Health Systems, Inc., Secured Bridge Loan, 08/30/14(a)(b)(c) | 70,138,739 | 70,138,739 | ||||||
Community Health Systems, Inc., Unsecured Bridge Loan, 08/30/14(a)(b)(c) | 75,546,261 | 75,546,261 |
Shares or Principal Amount($) | Value($) | |||||||
Health Care—continued | ||||||||
Community Health Systems, Inc., Term Loan A, 2.679%, 10/25/16(a)(d) | 556,849 | 556,153 | ||||||
Community Health Systems, Inc., Extended Term Loan, 3.748%-3.761%, 01/25/17(a)(d) | 10,881,212 | 10,866,088 | ||||||
Convatec, Inc., Term Loan, 4.000%, 12/22/16(a)(d) | 8,444,549 | 8,471,656 | ||||||
DaVita, Inc., Term Loan A3, 2.680%, 11/01/17(a)(d) | 288,750 | 288,337 | ||||||
DaVita, Inc., Term Loan B2, 4.000%, 11/01/19(a)(d) | 28,216,775 | 28,280,263 | ||||||
Drumm Investors LLC, Term Loan, 5.000%, 05/04/18(a)(d) | 14,154,666 | 13,542,476 | ||||||
Envision Pharmaceutical Services, 1st Lien Term Loan, 09/03/20(a)(b)(c) | 6,745,000 | 6,700,011 | ||||||
Fresenius SE & Co. KGaA, USD Term Loan B, 2.248%, 08/07/19(a)(d) | 23,945,000 | 23,879,151 | ||||||
Gentiva Health Services, Inc., Bridge Term Loan, 09/18/14(a)(b)(c) | 17,500,000 | 17,500,000 | ||||||
HCA, Inc., Extended Term Loan B4, 2.929%, 05/01/18(a)(d) | 38,840,135 | 38,736,043 | ||||||
HCA, Inc., Term Loan B5, 3.000%, 03/31/17(a)(d) | 15,000,000 | 14,973,150 | ||||||
Hologic, Inc., New Term Loan A, 2.179%, 07/17/17(a)(d) | 4,574,250 | 4,564,736 | ||||||
Hologic, Inc., New Term Loan B, 3.750%, 08/01/19(a)(d) | 12,211,512 | 12,209,314 | ||||||
Iasis Healthcare LLC, Term Loan B2, 4.500%, 05/03/18(a)(d) | 19,775,819 | 19,775,819 | ||||||
IMS Health, Inc., USD Term Loan B1, 3.750%, 09/01/17(a)(d) | 6,087,696 | 6,077,529 | ||||||
Inc Research, Inc., Refinance Term Loan B, 6.000%, 07/12/18(a)(d) | 17,024,743 | 17,067,305 | ||||||
Lifepoint Hospitals, Inc., Term Loan B, 2.680%, 07/24/17(a)(d) | 6,337,113 | 6,358,152 | ||||||
MedAssets, Inc., Term Loan B, 4.000%, 12/13/19(a)(d) | 1,814,583 | 1,814,583 |
See Notes to Financial Statements.
48
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Health Care—continued | ||||||||
Multiplan, Inc., New Term Loan B, 4.000%, 08/25/17(a)(d) | 2,396,789 | 2,398,299 | ||||||
Onex Carestream Finance LP, 1st Lien Term Loan, 5.000%, 06/07/19(a)(d) | 14,694,000 | 14,738,082 | ||||||
RPI Finance Trust, New Term Loan Tranche 2, 3.500%, 05/09/18(a)(d) | 59,342,428 | 59,546,566 | ||||||
RPI Finance Trust, Incremental Tranche 2, 4.000%, 11/09/18(a)(d) | 7,186,789 | 7,186,789 | ||||||
Sage Products, Inc., Refinance Term Loan B, 4.250%, 12/13/19(a)(d) | 4,145,138 | 4,160,682 | ||||||
Select Medical Corp., New Incremental Term Loan B, 3.530%-5.500%, 02/13/16(a)(d) | 4,277,675 | 4,266,981 | ||||||
U.S. Renal Care, Inc., Incremental 1st Lien Term Loan, 5.250%, 07/03/19(a)(d) | 5,340,000 | 5,393,400 | ||||||
Universal Health Services, Inc., Term Loan B, 2.432%, 11/15/16(a)(d) | 5,605,921 | 5,607,659 | ||||||
Valeant Pharmaceuticals International, Inc., New Term Loan A, 2.440%, 04/20/16(a)(d) | 11,214,000 | 11,199,982 | ||||||
Valeant Pharmaceuticals International, Inc., Term Loan E, 4.500%, 08/05/20(a)(d) | 31,085,100 | 31,236,174 | ||||||
Valeant Pharmaceuticals International, Inc., Series C2, Term Loan B, 3.750%, 12/11/19(a)(d) | 16,274,000 | 16,290,274 | ||||||
Valeant Pharmaceuticals International, Inc., Series D2, Term Loan B, 3.750%, 02/13/19(a)(c)(d) | 10,067,069 | 10,046,130 | ||||||
Warner Chilcott Co. LLC, New Term Loan B4, 08/20/17(a)(b)(c) | 2,367,568 | 2,366,573 | ||||||
Warner Chilcott Corp., Term Loan B5, 08/20/17(a)(b)(c) | 473,514 | 473,315 | ||||||
Warner Chilcott Corp., New Term Loan B1, 5.500%, 03/15/18(a)(d) | 3,829,062 | 3,824,964 |
Shares or Principal Amount($) | Value($) | |||||||
Health Care—continued | ||||||||
Warner Chilcott Corp., Incremental Term Loan B1, 5.500%, 03/15/18(a)(d) | 1,666,950 | 1,665,166 | ||||||
WC Luxco S.a.r.l., New Term Loan B3, 4.250%, 03/15/18(a)(d) | 3,017,391 | 3,014,162 | ||||||
|
| |||||||
619,231,713 | ||||||||
|
| |||||||
Healthcare-Services 1.6% | ||||||||
Bright Horizons Family Solutions, Inc., New Term Loan B, 4.000%-5.250%, 01/30/20(a)(d) | 3,652,400 | 3,647,067 | ||||||
Endo Health Solutions, Inc., Term Loan A, 2.063%, 03/15/18(a)(d) | 16,575,000 | 16,450,687 | ||||||
Par Pharmaceutical Cos., Inc., Refinance Term Loan B, 4.250%, 09/30/19(a)(d) | 15,761,099 | 15,678,353 | ||||||
Regionalcare Hospital Partners, Inc., Refinance Term Loan, 7.000%, 11/04/18(a)(d) | 9,117,775 | 9,083,583 | ||||||
Tenet Healthcare Corp., Unsecured Bridge Loan, 06/24/14(a)(b)(c) | 70,815,000 | 70,815,000 | ||||||
Vanguard Health Holding Co. II LLC, Refinance Term Loan B, 3.750%, 01/29/16(a)(c)(d) | 15,199,426 | 15,175,715 | ||||||
|
| |||||||
130,850,405 | ||||||||
|
| |||||||
Information Technology 1.3% |
| |||||||
CDW LLC, New Term Loan, 3.500%, 04/29/20(a)(d) | 41,495,235 | 40,756,205 | ||||||
Genesys Telecom Holdings, U.S., Inc., Term Loan B, 4.000%, 02/07/20(a)(d) | 5,687,136 | 5,660,122 | ||||||
Presidio, Inc., New Term Loan B, 5.750%, 03/31/17(a)(d) | 11,716,650 | 11,677,634 | ||||||
Riverbed Technology, Inc., Term Loan, 4.000%, 12/18/19(a)(d) | 8,322,142 | 8,374,155 | ||||||
Shield Finance Co. S.A.R.L., New Term Loan B, 6.500%, 05/10/19(a)(d) | 9,223,250 | 9,188,663 | ||||||
Southern Graphics, Inc., Term Loan, 5.000%, 10/17/19(a)(d) | 7,225,400 | 7,225,400 |
See Notes to Financial Statements.
49
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Information Technology—continued |
| |||||||
Spin Holdco, Inc., New Term Loan B, 4.250%-5.500%, 11/14/19(a)(d) | 3,000,000 | 2,988,750 | ||||||
SS&C Technologies, Inc., New Term Loan B1, 3.500%, 06/07/19(a)(d) | 4,850,621 | 4,847,613 | ||||||
SS&C Technologies, Inc., New Term Loan B2, 3.500%, 06/07/19(a)(d) | 501,788 | 501,477 | ||||||
STG-Fairway Acquisitions, Term Loan B, 6.250%, 02/28/19(a)(d) | 11,407,675 | 11,372,083 | ||||||
Verint Systems, Inc., New Term Loan B, 4.000%, 09/06/19(a)(d) | 4,484,761 | 4,494,852 | ||||||
|
| |||||||
107,086,954 | ||||||||
|
| |||||||
Insurance 2.6% | ||||||||
Alliance Data Systems Corp., Term Loan, 2.190%, 07/10/18(a)(d) | 33,643,406 | 33,475,189 | ||||||
Asurion LLC, New Term Loan B2, 3.500%, 07/08/20(a)(d) | 39,161,850 | 37,807,633 | ||||||
Asurion LLC, New Term Loan B1, 4.500%, 05/24/19(a)(d) | 42,257,213 | 41,827,880 | ||||||
Compass Investors, Inc., Term Loan, 5.000%, 12/27/19(a)(d) | 12,579,938 | 12,595,662 | ||||||
Hub International Ltd., Term Loan B, 09/17/20(a)(b)(c) | 18,880,000 | 18,880,000 | ||||||
ION Trading Technologies S.a.r.l., 1st Lien Term Loan, 4.500%, 05/22/20(a)(d) | 6,209,438 | 6,196,522 | ||||||
ION Trading Technologies S.a.r.l., 2nd Lien Term Loan, 8.250%, 05/21/21(a)(d) | 2,000,000 | 1,997,500 | ||||||
La Frontera Generation, LLC, Term Loan, 4.500%, 09/30/20(a)(d) | 11,670,415 | 11,685,003 | ||||||
Lonestar Intermediate Super Holdings LLC, Term Loan B, 11.000%, 09/02/19(a)(d) | 27,625,000 | 28,799,063 | ||||||
LPL Holdings, Inc., Term Loan B, 3.250%, 03/29/19(a)(d) | 6,780,925 | 6,717,388 |
Shares or Principal Amount($) | Value($) | |||||||
Insurance—continued |
| |||||||
Sedgwick CMS Holdings, Inc., New 1st Lien Term Loan, 4.250%, 06/12/18(a)(d) | 10,398,938 | 10,389,163 | ||||||
|
| |||||||
210,371,003 | ||||||||
|
| |||||||
Leisure Time 1.4% | ||||||||
Activision Blizzard, Inc., Secured Bridge Loan, 09/01/20(a)(b)(c) | 19,290,000 | 19,290,000 | ||||||
Activision Blizzard, Inc., Term Loan B, 09/11/20(a)(b)(c) | 50,970,000 | 50,884,880 | ||||||
Activision Blizzard, Inc., Unsecured 8 yr Bridge Term Loan, 09/01/21(a)(b)(c) | 19,290,000 | 19,290,000 | ||||||
Activision Blizzard, Inc., Unsecured 10 yr Bridge Term Loan, 09/01/23(a)(b)(c) | 9,645,000 | 9,645,000 | ||||||
Bombardier Recreational Products, Inc., New Term Loan B, 4.000%, 01/30/19(a)(d) | 4,797,257 | 4,784,400 | ||||||
Lions Gate Entertainment Corp., 2nd Lien Term Loan, 5.000%, 07/17/20(a)(d) | 4,575,000 | 4,552,125 | ||||||
Zuffa LLC, New Term Loan B, 4.500%, 02/25/20(a)(d) | 7,661,404 | 7,651,827 | ||||||
|
| |||||||
116,098,232 | ||||||||
|
| |||||||
Lodging 3.7% | ||||||||
Boyd Gaming Corp., Term Loan B, 4.000%, 08/14/20(a)(d) | 6,785,000 | 6,766,341 | ||||||
Caesars Entertainment Operating Co., Extended Term Loan B6, 5.429%, 01/26/18(a)(c)(d) | 85,598,691 | 77,424,016 | ||||||
CCM Merger, Inc., New Term Loan B, 5.000%, 03/01/17(a)(d) | 2,947,208 | 2,960,471 | ||||||
Las Vegas Sands LLC, Term Loan B, 1.680%, 05/23/14(a)(d) | 5,177,803 | 5,164,858 | ||||||
Las Vegas Sands LLC, Extended Delayed Draw Term Loan 2, 2.680%, 11/23/15(a)(d) | 3,931,976 | 3,923,287 |
See Notes to Financial Statements.
50
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Lodging—continued | ||||||||
Las Vegas Sands LLC, Extended Term Loan B, 2.680%, 11/23/16(a)(d) | 13,334,409 | 13,304,940 | ||||||
Las Vegas Sands LLC, Extended Delayed Draw Term Loan, 2.680%, 11/23/16(a)(d) | 2,680,017 | 2,674,095 | ||||||
MGM Resorts International, Term Loan A, 2.929%, 12/20/17(a)(d) | 20,648,688 | 20,597,066 | ||||||
MGM Resorts International, Term Loan B, 3.500%, 12/20/19(a)(d) | 12,986,464 | 12,919,453 | ||||||
Peninsula Gaming LLC, Term Loan, 4.250%, 11/20/17(a)(d) | 5,598,044 | 5,606,777 | ||||||
Penn National Gaming, Inc., New Term Loan B, 3.750%, 07/16/18(a)(d) | 3,568,237 | 3,566,024 | ||||||
Pinnacle Entertainment, Inc., Term Loan B2, 3.750%, 08/13/20(a)(d) | 11,152,050 | 11,134,764 | ||||||
Playa Resorts Holding B.V., Term Loan B, 4.750%, 08/06/19(a)(d) | 6,215,000 | 6,246,075 | ||||||
Scientific Games International, Inc., New Term Loan B, 05/22/20(a)(b)(c) | 83,565,000 | 82,833,806 | ||||||
Scientific Games International, Inc., Term Loan B1, 3.180%-3.190%, 06/30/15(a)(d) | 3,710,259 | 3,667,739 | ||||||
SeaWorld Parks & Entertainment, Inc., Term Loan B2, 3.000%, 05/14/20(a)(d) | 15,050,095 | 14,861,969 | ||||||
Seminole Tribe of Florida, Term Loan, 3.000%, 04/29/20(a)(d) | 23,309,575 | 23,222,164 | ||||||
Starwood Property Trust, Inc., Term Loan B, 3.500%, 04/17/20(a)(d) | 4,412,825 | 4,396,277 | ||||||
|
| |||||||
301,270,122 | ||||||||
|
| |||||||
Machinery-Diversified 1.1% | ||||||||
Alliance Laundry Systems LLC, Refinance Term Loan, 4.250%, 12/10/18(a)(d) | 12,465,529 | 12,469,394 |
Shares or Principal Amount($) | Value($) | |||||||
Machinery-Diversified—continued |
| |||||||
Alliance Laundry Systems LLC, 2nd Lien Term Loan, 9.500%, 12/10/19(a)(d) | 2,454,545 | 2,469,886 | ||||||
Brand Energy & Infrastructure Services, Inc., USD Term Loan B2, 5.750%, 10/16/16(a)(d) | 5,482,438 | 5,513,304 | ||||||
Brand Energy & Infrastructure Services, Inc., Term Loan 2 Canadian, 5.750%, 10/16/16(a)(d) | 1,315,785 | 1,323,193 | ||||||
Brand Energy & Infrastructure Services, Inc., USD Term Loan B1, 6.250%, 10/23/18(a)(d) | 5,119,172 | 5,131,970 | ||||||
Brand Energy & Infrastructure Services, Inc., Term Loan 1 Canadian, 6.250%, 10/23/18(a)(d) | 1,228,601 | 1,231,673 | ||||||
Gardner Denver, Inc., USD Term Loan, 4.250%, 07/30/20(a)(d) | 4,390,000 | 4,343,115 | ||||||
Generac Power Systems, Inc., Term Loan B, 3.500%, 05/29/20(a)(d) | 12,815,000 | 12,741,314 | ||||||
Key Safety Systems, Inc., Term Loan B, 4.750%, 05/09/18(a)(d) | 7,114,125 | 7,164,493 | ||||||
Milacron LLC, New Term Loan, 4.250%, 03/30/20(a)(d) | 5,268,525 | 5,242,182 | ||||||
NACCO Materials Handling Group, Inc., Term Loan B, 5.000%, 12/22/17(a)(d) | 4,517,500 | 4,494,912 | ||||||
Rexnord LLC, 1st Lien Term Loan B, 4.000%, 08/20/20(a)(d) | 950,000 | 938,125 | ||||||
Schaeffler AG, USD Term Loan C, 4.250%, 01/27/17(a)(d) | 24,055,000 | 24,125,241 | ||||||
W3 Co., 1st Lien Term Loan, 5.750%, 03/13/20(a)(d) | 4,581,975 | 4,616,340 | ||||||
|
| |||||||
91,805,142 | ||||||||
|
| |||||||
Media 6.1% | ||||||||
CCO Holdings LLC, 3rd Lien Term Loan, 2.679%, 09/05/14(a)(d) | 29,029,084 | 29,040,696 |
See Notes to Financial Statements.
51
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Media—continued | ||||||||
Charter Communications Operating LLC, Term Loan F, 3.000%, 01/04/21(a)(d) | 9,027,375 | 8,922,026 | ||||||
Clear Channel Communications, Inc., Term Loan B, 3.829%, 01/29/16(a)(c)(d) | 47,392,140 | 44,584,156 | ||||||
Clear Channel Communications, Inc., Term Loan C, 3.829%, 01/29/16(a)(c)(d) | 81,268,943 | 75,046,993 | ||||||
Clear Channel Communications, Inc., Term Loan D, 6.929%, 01/30/19(a)(c)(d) | 29,314,393 | 27,159,785 | ||||||
Emerald Expositions Holding, Inc., Term Loan B, 5.500%, 06/17/20(a)(d) | 6,154,575 | 6,181,532 | ||||||
EMI Music Publishing Ltd., Term Loan B, 4.250%, 06/29/18(a)(d) | 9,202,202 | 9,171,559 | ||||||
Encompass Digital Media, Inc., New Term Loan B1, 6.750%, 08/10/17(a)(d) | 6,838,325 | 6,863,969 | ||||||
Granite Broadcasting Corp., Term Loan B, 6.750%, 05/23/18(a)(d) | 6,268,500 | 6,273,703 | ||||||
Hoyts Group Holdings LLC, 1st Lien Term Loan, 4.000%, 05/29/20(a)(d) | 5,321,663 | 5,295,054 | ||||||
McGraw-Hill Global Education Holdings, LLC, Term Loan, 9.000%, 03/22/19(a)(d) | 8,706,250 | 8,797,404 | ||||||
Mediacom Illinois LLC, Term Loan C, 1.640%, 01/30/15(a)(d) | 5,233,073 | 5,192,202 | ||||||
Nielsen Holdings NV, Bridge Term Loan, 02/21/14(a)(b)(c) | 10,625,000 | 10,625,000 | ||||||
Nine Entertainment Group Ltd., Incremental Term Loan, 02/05/20(a)(b)(c) | 5,365,000 | 5,338,175 | ||||||
Nine Entertainment Group Ltd., Term Loan B, 3.500%, 02/05/20(a)(d) | 10,890,275 | 10,822,211 |
Shares or Principal Amount($) | Value($) | |||||||
Media—continued | ||||||||
Radio One, Inc., Term Loan B, 7.500%, 03/31/16(a)(d) | 11,740,874 | 11,995,299 | ||||||
San Juan Cable Holdings LLC, 1st Lien Term Loan B, 6.000%, 06/09/17(a)(d) | 7,140,638 | 7,152,562 | ||||||
San Juan Cable Holdings LLC, 2nd Lien Term Loan, 10.000%, 06/08/18(a)(d) | 11,745,000 | 11,759,681 | ||||||
Sinclair Television Group, Inc., Term Loan A1, 03/20/18(a)(b)(c) | 8,930,000 | 8,889,815 | ||||||
Syniverse Holdings, Inc., Term Loan, 4.000%, 04/23/19(a)(c)(d) | 15,188,013 | 15,137,437 | ||||||
Tribune Co., Exit Term Loan, 4.000%, 12/31/19(a)(d) | 46,751,713 | 46,703,091 | ||||||
Univision Communications, Inc., Term Loan C3, 4.000%, 03/02/20(a)(c)(d) | 35,945,959 | 35,496,634 | ||||||
Univision Communications, Inc., Converted Extended Term Loan, 4.500%, 03/02/20(a)(d) | 7,683,707 | 7,652,511 | ||||||
Univision Communications, Inc., Refinance Term Loan C2, 4.500%, 03/02/20(a)(d) | 21,442,250 | 21,375,350 | ||||||
Village Roadshow Films (BVI) Ltd., Term Loan B, 4.750%, 11/21/17(a)(d) | 54,315,000 | 54,858,150 | ||||||
Weather Channel, Refinance Term Loan B, 3.500%, 02/13/17(a)(d) | 3,908,932 | 3,906,508 | ||||||
WideOpenWest Finance LLC, Term Loan B, 4.750%, 04/01/19(a)(d) | 10,527,100 | 10,587,631 | ||||||
|
| |||||||
494,829,134 | ||||||||
|
| |||||||
Metals 0.2% | ||||||||
Arch Coal, Inc., Term Loan B, 5.750%, 05/16/18(a)(d) | 7,144,371 | 6,925,610 | ||||||
Atlas Iron Ltd., Term Loan B, 8.750%, 12/07/17(a)(d) | 7,875,488 | 7,796,732 | ||||||
|
| |||||||
14,722,342 | ||||||||
|
|
See Notes to Financial Statements.
52
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Mining 1.9% | ||||||||
Fairmount Minerals Ltd., Term Loan B1, 4.313%, 03/15/17(a)(d) | 2,500,000 | 2,498,225 | ||||||
Fairmount Minerals Ltd., Term Loan B2, 5.000%, 09/05/19(a)(d) | 3,575,000 | 3,578,539 | ||||||
FMG America Finance, Inc., Term Loan, 5.250%, 10/18/17(a)(d) | 110,260,578 | 110,516,383 | ||||||
Foresight Energy LLC, Term Loan B, 5.500%, 08/19/20(a)(d) | 8,915,000 | 8,836,994 | ||||||
Novelis, Inc., New Term Loan, 3.750%, 03/10/17(a)(d) | 18,901,384 | 18,889,476 | ||||||
Oxbow Carbon LLC, New Term Loan B, 4.250%, 07/19/19(a)(d) | 4,359,813 | 4,363,911 | ||||||
TMS International Corp., Bridge Term Loan, 08/22/14(a)(b)(c) | 7,320,000 | 7,320,000 | ||||||
|
| |||||||
156,003,528 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 1.4% |
| |||||||
Boomerang Tube LLC, Term Loan, 11.000%-11.750%, 10/11/17(a)(d) | 17,760,250 | 17,227,443 | ||||||
Harland Clarke Holdings Corp., Term Loan B3, 7.000%, 05/22/18(a)(d) | 90,446,156 | 89,315,579 | ||||||
QS0001 Corp., 1st Lien Term Loan, 5.000%, 11/09/18(a)(d) | 4,530,763 | 4,542,089 | ||||||
Sensata Technologies Finance Co. LLC, Term Loan, 3.750%, 05/11/18(a)(d) | 5,197,213 | 5,203,709 | ||||||
|
| |||||||
116,288,820 | ||||||||
|
| |||||||
Oil & Gas 4.5% | ||||||||
Alon USA Energy, Inc., Master Limited Partnership Term Loan, 9.250%, 11/26/18(a)(d) | 12,216,477 | 12,598,242 | ||||||
Atlas Energy L.P., Term Loan B, 6.500%, 07/30/19(a)(d) | 15,745,000 | 15,902,450 | ||||||
Bronco Midstream Funding LLC, Term Loan B, 5.000%, 08/17/20(a)(d) | 26,750,000 | 26,816,875 |
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas—continued | ||||||||
Citgo Petroleum Corp., Term Loan B, 8.000%, 06/24/15(a)(d) | 1,702,857 | 1,713,500 | ||||||
Citgo Petroleum Corp., Term Loan C, 9.000%, 06/23/17(a)(d) | 3,384,286 | 3,443,511 | ||||||
Drillships Financing Holding, Inc., Term Loan B1, 6.000%, 03/31/21(a)(d) | 16,680,000 | 16,825,950 | ||||||
EMG Utica LLC, Term Loan, 4.750%, 03/27/20(a)(d) | 30,670,000 | 30,746,675 | ||||||
Energy Transfer Equity, L.P., New Term Loan B, 3.750%, 03/24/17(a)(d) | 29,713,750 | 29,806,754 | ||||||
EP Energy LLC, Term Loan B3, 3.500%, 05/24/18(a)(d) | 15,148,964 | 15,092,155 | ||||||
EP Energy LLC, Term Loan B2, 4.500%, 04/30/19(a)(d) | 6,922,500 | 6,912,393 | ||||||
Fieldwood Energy LLC, 1st Lien Term Loan, 10/01/18(a)(b)(c) | 13,485,000 | 13,456,951 | ||||||
Frac Tech International LLC, Term Loan B, 8.500%, 05/06/16(a)(d) | 46,482,896 | 45,529,996 | ||||||
MEG Energy Corp., Refinance Term Loan, 3.750%, 03/31/20(a)(d) | 44,093,894 | 44,167,531 | ||||||
Obsidian Holdings LLC, Term Loan A, 6.750%, 11/02/15(a)(d) | 1,820,821 | 1,820,821 | ||||||
Obsidian Natural Gas Trust, Term Loan, 7.000%, 11/02/15(a)(d) | 18,804,793 | 18,804,793 | ||||||
Ruby Western Pipeline Holdings LLC, Term Loan B, 3.500%, 03/27/20(a)(d) | 13,922,627 | 13,835,611 | ||||||
Samson Investment Co., 2nd Lien Term Loan, 6.000%, 09/25/18(a)(d) | 9,388,908 | 9,388,908 | ||||||
TPF Generation Holdings LLC, Term Loan B, 4.750%, 12/29/17(a)(d) | 8,440,000 | 8,408,350 | ||||||
TPF Generation Holdings LLC, Term Loan B, 6.500%, 08/16/19(a)(d) | 6,364,050 | 6,379,960 |
See Notes to Financial Statements.
53
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas—continued |
| |||||||
Vantage Drilling Co., Term Loan B, 5.750%, 03/28/19(a)(d) | 12,298,200 | 12,436,555 | ||||||
Vantage Drilling Co., Term Loan, 6.250%, 10/26/17(a)(d) | 26,519,250 | 26,519,250 | ||||||
|
| |||||||
360,607,231 | ||||||||
|
| |||||||
Packaging & Containers 2.3% |
| |||||||
Berry Plastics Holding Corp., Term Loan C, 2.179%, 04/03/15(a)(d) | 13,324,381 | 13,294,934 | ||||||
Berry Plastics Holding Corp., Term Loan D, 3.500%, 02/07/20(a)(d) | 113,065,266 | 111,736,750 | ||||||
BWAY Corp., Term Loan B, 4.500%-5.500%, 08/07/17(a)(d) | 5,414,088 | 5,425,349 | ||||||
Caraustar Industries, Inc., Term Loan, 7.500%, 05/01/19(a)(d) | 6,985,991 | 7,055,851 | ||||||
Consolidated Container Co. LLC, New Term Loan, 5.000%, 07/03/19(a)(d) | 4,544,100 | 4,564,548 | ||||||
Pact Group Pty Ltd., USD Term Loan B, 3.750%, 05/29/20(a)(d) | 7,097,213 | 6,973,011 | ||||||
Reynolds Group Holdings, Inc., New Dollar Term Loan, 4.750%, 09/28/18(a)(d) | 18,315,000 | 18,332,766 | ||||||
Tronox Pigments (Netherlands) BV, 2013 Term Loan, 4.500%, 03/19/20(a)(d) | 18,568,463 | 18,648,678 | ||||||
|
| |||||||
186,031,887 | ||||||||
|
| |||||||
Real Estate 1.2% | ||||||||
Alliant Holdings I, Inc., New Term Loan B, 5.000%, 12/20/19(a)(d) | 10,788,475 | 10,779,521 | ||||||
CB Richard Ellis Services, Inc., New Term Loan B, 2.933%, 03/29/21(a)(c)(d) | 28,414,357 | 28,366,905 | ||||||
Continental Building Products LLC, 1st Lien Term Loan, 4.500%, 08/14/20(a)(d) | 12,480,000 | 12,448,800 | ||||||
Continental Building Products LLC, 2nd Lien Term Loan, 8.500%, 02/15/21(a)(d) | 3,000,000 | 2,992,500 |
Shares or Principal Amount($) | Value($) | |||||||
Real Estate—continued | ||||||||
Four Seasons Holdings, Inc., 1st Lien Term Loan, 4.250%, 06/27/20(a)(d) | 13,495,000 | 13,596,212 | ||||||
Four Seasons Holdings, Inc., 2nd Lien Term Loan, 6.250%, 12/28/20(a)(c)(d) | 6,565,000 | 6,696,300 | ||||||
Istar Financial, Inc., Add on Term Loan A2, 7.000%, 03/17/17(a)(d) | 5,231,790 | 5,352,121 | ||||||
Realogy Corp., Letter of Credit, 3.200%, 10/10/13(a)(d) | 154,730 | 152,924 | ||||||
Realogy Corp., Extended Letter of Credit, 4.445%, 10/10/16(a)(d) | 753,464 | 757,231 | ||||||
Realogy Corp., Extended Term Loan, 4.500%, 03/05/20(a)(d) | 12,795,700 | 12,859,679 | ||||||
Steinway Musical Instruments, Inc., 1st Lien Term Loan, 4.750%, 09/13/19(a)(d) | 3,500,000 | 3,513,125 | ||||||
|
| |||||||
97,515,318 | ||||||||
|
| |||||||
Retail 6.3% | ||||||||
Academy Ltd., Term Loan, 4.500%-4.750%, 08/03/18(a)(d) | 6,331,050 | 6,342,953 | ||||||
Albertson’s, LLC, Incremental Term Loan B2, 03/21/19(a)(b)(c) | 8,160,000 | 8,114,141 | ||||||
Albertson’s, LLC, Term Loan B1, 4.250%, 03/21/16(a)(d) | 8,567,599 | 8,562,287 | ||||||
Albertson’s, LLC, Term Loan B2, 4.750%, 03/21/19(a)(d) | 19,077,927 | 19,018,404 | ||||||
BJ’s Wholesale Club, Inc., Replacement Term Loan, 4.250%, 09/26/19(a)(d) | 3,213,763 | 3,199,493 | ||||||
Capital Automotive LP, New Term Loan B, 4.000%, 04/10/19(a)(d) | 56,565,000 | 56,541,243 | ||||||
Capital Automotive LP, New 2nd Lien Term Loan, 6.000%, 04/30/20(a)(c)(d) | 15,155,000 | 15,458,100 | ||||||
Evergreen Acqco 1 LP, New Term Loan, 5.000%, 07/09/19(a)(d) | 6,380,550 | 6,407,157 |
See Notes to Financial Statements.
54
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Retail—continued | ||||||||
Gymboree Co. (The), Initial Term Loan, 5.000%, 02/23/18(a)(d) | 4,000,000 | 3,857,520 | ||||||
Harbor Freight Tools USA, Inc., New 1st Lien Term Loan, 4.750%, 07/26/19(a)(d) | 5,273,100 | 5,303,842 | ||||||
HMK Intermediate Holdings LLC, Term Loan, 5.750%, 03/29/19(a)(d) | 9,130,950 | 9,153,777 | ||||||
Hudson’s Bay Co., Bridge Term Loan, 07/29/14(a)(b)(c) | 67,455,000 | 67,455,000 | ||||||
J Crew Group, Inc., Term Loan B1, 4.000%, 03/07/18(a)(d) | 7,258,553 | 7,222,260 | ||||||
JC Penney Corp., Inc., 1st Lien Term Loan, 6.000%, 05/22/18(a)(c)(d) | 46,957,313 | 45,473,931 | ||||||
Jo-Ann Stores, Inc., Term Loan, 4.000%, 03/16/18(a)(d) | 9,707,665 | 9,695,531 | ||||||
Michaels Stores, Inc., New Term Loan, 3.750%, 01/28/20(a)(d) | 12,693,188 | 12,677,321 | ||||||
NBTY, Inc., Term Loan B2, 3.500%, 10/01/17(a)(d) | 9,075,518 | 9,066,987 | ||||||
Ollie’s Bargain Outlet, Inc., Term Loan, 5.250%, 09/27/19(a)(d) | 5,472,444 | 5,472,444 | ||||||
Party City Holdings, Inc., Refinance Term Loan B, 4.250%, 07/29/19(a)(d) | 18,693,626 | 18,615,673 | ||||||
Petco Animal Supplies, Inc., New Term Loan, 4.000%, 11/24/17(a)(d) | 12,572,639 | 12,556,923 | ||||||
Phillips-Van Heusen Corp., Term Loan B, 3.250%, 02/13/20(a)(d) | 15,674,481 | 15,618,210 | ||||||
Rite Aid Corp., Term Loan 6, 4.000%, 02/21/20(a)(d) | 18,218,450 | 18,177,458 | ||||||
Rite Aid Corp., New 2nd Lien Term Loan, 4.875%, 06/11/21(a)(d) | 13,350,000 | 13,370,826 | ||||||
Rite Aid Corp., 2nd Lien Term Loan, 5.750%, 08/21/20(a)(d) | 15,855,000 | 16,224,897 | ||||||
Sears Holding Corp., Term Loan, 06/29/18(a)(b) | 48,545,000 | 48,150,815 |
Shares or Principal Amount($) | Value($) | |||||||
Retail—continued | ||||||||
Supervalu, Inc., Refinance Term Loan B, 5.000%, 03/21/19(a)(d) | 10,189,603 | 10,151,392 | ||||||
Toys ‘R’ US Property Co. I LLC, New Term Loan B, 6.000%, 08/21/19(a)(d) | 26,790,000 | 26,304,565 | ||||||
Toys ‘R’ Us-Delaware, Inc., Term Loan B3, 5.250%, 05/25/18(a)(d) | 3,943,044 | 3,718,803 | ||||||
Toys ‘R’ Us-Delaware, Inc., Incremental Term Loan B2, 5.250%, 05/25/18(a)(d) | 2,930,641 | 2,763,976 | ||||||
Toys ‘R’ Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(a)(d) | 8,247,176 | 7,999,761 | ||||||
True Religion Apparel, Inc., 1st Lien Term Loan, 5.875%, 07/30/19(a)(d) | 8,830,000 | 8,307,529 | ||||||
Ventas Realty LP, Term Loan B, 1.429%, 12/21/16(a)(d) | 5,000,000 | 4,987,500 | ||||||
|
| |||||||
505,970,719 | ||||||||
|
| |||||||
Semiconductors 1.6% | ||||||||
Freescale Semiconductor, Inc., Term Loan B3, 4.750%, 12/01/16(a)(d) | 2,985,000 | 2,998,641 | ||||||
Freescale Semiconductor, Inc., Term Loan B4, 5.000%, 02/28/20(a)(d) | 63,869,050 | 64,062,573 | ||||||
Microsemi Corp., Repriced Term Loan, 3.750%, 02/19/20(a)(d) | 13,636,861 | 13,619,815 | ||||||
ON Semiconductor Corp., Term Loan A, 2.024%, 01/02/18(a)(d) | 45,988,609 | 45,298,780 | ||||||
|
| |||||||
125,979,809 | ||||||||
|
| |||||||
Software 0.1% | ||||||||
Sophia, L.P., New Term Loan B, 4.500%, 07/19/18(a)(d) | 9,931,765 | 9,965,433 | ||||||
|
| |||||||
Telecommunication Services 15.3% |
| |||||||
Alcatel-Lucent USA, Inc., USD Term Loan C, 5.750%, 01/30/19(a)(d) | 47,548,603 | 47,857,669 | ||||||
Arris Group, Inc., Term Loan B, 3.500%, 04/17/20(a)(d) | 29,168,425 | 28,900,951 |
See Notes to Financial Statements.
55
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
Atlantic Broadband Finance, LLC, New Term Loan B, 3.250%, 12/02/19(a)(d) | 3,281,850 | 3,246,308 | ||||||
Avaya, Inc., Extended Term Loan B3, 4.762%, 10/26/17(a)(d) | 17,309,314 | 15,476,431 | ||||||
Avaya, Inc., Term Loan B5, 8.000%, 03/30/18(a)(d) | 10,959,341 | 10,362,495 | ||||||
Cellular South, Inc., New Term Loan, 3.250%, 05/22/20(a)(d) | 3,537,225 | 3,519,539 | ||||||
Cequel Communications LLC, Term Loan B, 3.500%, 02/14/19(a)(d) | 38,444,155 | 38,352,273 | ||||||
Charter Communications Operating LLC, Term Loan A1, 2.180%, 04/22/18(a)(d) | 67,182,437 | 66,858,617 | ||||||
Charter Communications Operating LLC, Term Loan E, 3.000%, 07/01/20(a)(d) | 45,471,038 | 44,927,204 | ||||||
Cincinnati Bell, Inc., New Term Loan B, 4.000%, 09/10/20(a)(d) | 26,750,000 | 26,569,437 | ||||||
Consolidated Communications, Inc., Term Loan B3, 5.250%, 12/31/18(a)(d) | 7,672,025 | 7,687,983 | ||||||
Cricket Communications, Inc., Term Loan, 4.750%, 10/10/19(a)(d) | 4,575,425 | 4,569,706 | ||||||
Cricket Communications, Inc., Term Loan C, 4.750%, 03/09/20(a)(d) | 13,740,563 | 13,728,333 | ||||||
Crown Castle International Corp., New Term Loan, 3.250%, 01/31/19(a)(d) | 63,371,445 | 62,540,012 | ||||||
CSC Holdings, Inc., New Term Loan A, 2.179%, 04/16/18(a)(d) | 19,495,000 | 19,416,045 | ||||||
CSC Holdings, Inc., New Term Loan B, 2.679%, 04/17/20(a)(d) | 58,129,313 | 57,410,834 | ||||||
Cumulus Media Holdings Inc., 1st Lien Term Loan, 4.500%, 09/17/18(a)(d) | 15,261,324 | 15,341,446 | ||||||
Cumulus Media Holdings Inc., 2nd Lien Term Loan, 7.500%, 09/16/19(a)(d) | 13,248,075 | 13,397,116 |
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
DataPipe, Inc., 1st Lien Term Loan, 5.750%, 03/15/19(a)(d) | 4,581,975 | 4,595,354 | ||||||
Evertec, Inc., New Term Loan A, 2.768%, 04/16/18(a)(d) | 18,802,000 | 18,576,376 | ||||||
Evertec, Inc., New Term Loan B, 3.500%, 04/17/20(a)(d) | 10,618,388 | 10,220,198 | ||||||
Frontier Communications Corp., Unsecured Term Loan, 3.055%-5.125%, 10/14/16(a)(d) | 13,058,571 | 12,993,279 | ||||||
Gray Television, Inc., New Term Loan B, 4.750%, 10/15/19(a)(d) | 16,662,117 | 16,741,929 | ||||||
Integra Telecom, Inc., 1st Lien Term Loan, 5.250%, 02/22/19(a)(d) | 18,248,300 | 18,339,541 | ||||||
Integra Telecom, Inc., 2nd Lien Term Loan, 9.750%, 02/21/20(a)(d) | 7,530,000 | 7,712,377 | ||||||
Intelsat Jackson Holdings S.A., Term Loan B1, 4.250%, 04/02/18(a)(d) | 59,154,688 | 59,199,054 | ||||||
Kabel Deutschland GMBH, USD Term Loan F1, 3.250%, 02/01/19(a)(d) | 37,350,897 | 37,309,438 | ||||||
Level 3 Financing, Inc., New 2019 Term Loan, 4.000%, 08/01/19(a)(d) | 29,765,000 | 29,705,470 | ||||||
Level 3 Financing, Inc., 2020 Term Loan B, 4.000%, 01/15/20(a)(c)(d) | 112,385,000 | 112,151,239 | ||||||
Level 3 Financing, Inc., Term Loan, 4.750%, 08/01/19(a)(d) | 74,405,000 | 74,265,119 | ||||||
LIN Television Corp., Term Loan B, 4.000%, 12/21/18(a)(d) | 5,380,317 | 5,403,883 | ||||||
MCC Iowa LLC, Term Loan D2, 1.890%, 01/30/15(a)(d) | 2,087,817 | 2,070,196 | ||||||
Media General, Inc., Delayed Draw Term Loan B, 0.500%, 07/31/20(a)(d) | 7,990,000 | 8,003,183 | ||||||
Mediacom Communications Corp., Term Loan H, 3.250%, 01/29/21(a)(d) | 12,560,902 | 12,403,891 |
See Notes to Financial Statements.
56
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
Mediacom Communications Corp., Term Loan G, 4.000%, 01/20/20(a)(d) | 26,056,800 | 26,040,645 | ||||||
Nuance Communications, Inc., Term Loan C, 2.930%, 08/07/19(a)(d) | 6,199,463 | 6,133,624 | ||||||
Peak Ten, Inc., 2018 Term Loan B, 7.250%, 10/25/18(a)(d) | 9,180,625 | 9,203,577 | ||||||
Quebecor Media, Inc., Term Loan B1, 3.250%, 08/17/20(a)(d) | 31,070,000 | 30,772,349 | ||||||
Sinclair Television Group, Inc., Term Loan B, 3.000%, 04/09/20(a)(d) | 7,706,275 | 7,690,246 | ||||||
Syniverse Holdings, Inc., Term Loan B, 4.000%, 04/23/19(a)(d) | 22,202,042 | 22,091,032 | ||||||
Telx Group, Inc., 2017 Term Loan B, 09/26/17(a)(b)(c) | 1,000,000 | 997,500 | ||||||
Telx Group, Inc., Term Loan B, 6.250%, 09/26/17(a)(d) | 17,290,969 | 17,247,742 | ||||||
UPC Financing Partnership, USD Term Loan AH, 3.250%, 06/30/21(a)(d) | 27,166,632 | 26,996,841 | ||||||
Van Wagner Communications LLC, New Term Loan, 6.250%, 08/03/18(a)(d) | 15,681,996 | 15,897,623 | ||||||
Virgin Media Investment Holdings Ltd., USD Term Loan B, 3.500%, 06/08/20(a)(d) | 68,835,000 | 68,385,507 | ||||||
WMG Acquisition Corp., New Term Loan, 3.750%, 07/01/20(a)(d) | 30,795,000 | 30,631,479 | ||||||
Zayo Group, LLC, PIK, Term Loan B, 4.500%, 07/02/19(a)(d) | 61,373,496 | 61,338,513 | ||||||
|
| |||||||
1,233,279,604 | ||||||||
|
| |||||||
Telecommunications 0.7% | ||||||||
CompuCom Systems, Inc., Refinance Term Loan B, 4.250%, 05/11/20(a)(d) | 7,102,200 | 6,960,156 | ||||||
Light Tower Fiber LLC, 1st Lien Term Loan, 4.500%, 04/13/20(a)(d) | 23,077,163 | 23,142,009 |
Shares or Principal Amount($) | Value($) | |||||||
Telecommunications—continued |
| |||||||
Light Tower Fiber LLC, 2nd Lien Term Loan, 8.000%, 04/12/21(a)(d) | 3,615,000 | 3,651,150 | ||||||
Lightsquared LP, Term Loan B, 10/01/14(a)(d)(e)(g) | 7,236,851 | 8,449,024 | ||||||
Windstream Corp., Term Loan B4, 3.500%, 01/23/20(a)(d) | 10,778,550 | 10,724,657 | ||||||
Windstream Corp., Term Loan B3, 4.000%, 08/08/19(a)(d) | 5,530,000 | 5,520,765 | ||||||
|
| |||||||
58,447,761 | ||||||||
|
| |||||||
Textiles 0.0%(h) | ||||||||
Wolverine Worldwide, Inc., Term Loan B, 4.000%-5.250%, 07/31/19(a)(d) | 1,941,242 | 1,947,066 | ||||||
|
| |||||||
Transportation 2.3% | ||||||||
Affinia Group Intermediate Holdings, Inc., Term Loan B2, 4.750%, 04/27/20(a)(d) | 5,311,688 | 5,311,688 | ||||||
American Airlines, Inc., Exit Term Loan, 4.750%, 06/27/19(a)(d) | 62,523,300 | 61,989,351 | ||||||
American Petroleum Tankers LLC, Term Loan B, 4.750%, 10/02/19(a)(d) | 10,957,009 | 10,984,402 | ||||||
Avis Budget Car Rental, LLC, New Term Loan B, 3.000%, 03/15/19(a)(d) | 9,272,440 | 9,231,919 | ||||||
Commercial Barge Line Co., 1st Lien Term Loan, 7.500%-8.500%, 09/23/19(a)(d) | 13,178,775 | 12,783,412 | ||||||
Delta Air Lines, Inc., New Term Loan B1, 4.000%, 10/18/18(a)(d) | 18,582,380 | 18,612,483 | ||||||
FleetPride Corp., 1st Lien Term Loan, 5.250%, 11/19/19(a)(d) | 7,220,438 | 6,949,671 | ||||||
Navios Partners Finance (US), Inc., Term Loan B, 5.250%, 06/27/18(a)(d) | 10,773,000 | 10,907,662 | ||||||
Sabre, Inc., Term Loan B2, 02/19/19(a)(b)(c) | 4,080,000 | 4,054,500 | ||||||
Sabre, Inc., Term Loan C, 4.000%, 02/19/18(a)(d) | 10,170,750 | 10,162,308 |
See Notes to Financial Statements.
57
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Transportation—continued |
| |||||||
State Class Tankers II LLC, Term Loan B, 6.750%, 06/22/20(a)(d) | 8,185,000 | 8,205,463 | ||||||
US Airways Group, Inc., Term Loan B1, 4.250%, 05/23/19(a)(d) | 22,010,000 | 21,852,849 | ||||||
|
| |||||||
181,045,708 | ||||||||
|
| |||||||
Utilities 1.2% | ||||||||
AES Corp., Refinance Term Loan B, 3.750%, 06/01/18(a)(d) | 11,521,269 | 11,572,193 | ||||||
Astoria Generating Company Acquisitions, LLC, New Term Loan, 8.500%, 10/26/17(a)(d) | 6,394,063 | 6,537,929 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B1, 3.000%, 05/04/20(a)(d) | 22,922,550 | 22,383,870 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B2, 3.250%, 01/31/22(a)(d) | 14,723,100 | 14,465,446 | ||||||
Dynegy Holdings, Inc., Term Loan B2, 4.000%, 04/23/20(a)(d) | 7,188,522 | 7,165,159 | ||||||
Intergen N.V., USD 1st Lien Term Loan, 5.500%, 06/05/20(a)(d) | 4,393,988 | 4,375,665 | ||||||
NGPL PipeCo LLC, Term Loan B, 6.750%, 09/15/17(a)(d) | 9,362,758 | 8,348,490 | ||||||
Power Team Services, LLC, Delayed Draw Term Loan, 4.230%, 05/06/20(a)(c)(d) | 1,223,333 | 1,203,454 | ||||||
Power Team Services, LLC, 1st Lien Term Loan, 4.250%, 05/06/20(a)(c)(d) | 9,762,200 | 9,603,564 | ||||||
Power Team Services, LLC, 2nd Lien Term Loan, 8.250%, 11/06/20(a)(d) | 3,605,000 | 3,595,988 | ||||||
WNA Holdings, Inc., USD 1st Lien US Borrower, 4.500%-5.500%, 06/05/20(a)(d) | 5,733,391 | 5,722,669 | ||||||
|
| |||||||
94,974,427 | ||||||||
|
| |||||||
Total Bank Loans | 7,758,374,519 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Corporate Bonds 5.6% | ||||||||
Airlines 0.0%(h) | ||||||||
Air Canada, 6.750%, 10/01/19(a) | 330,000 | 328,350 | ||||||
Air Canada, 8.750%, 04/01/20(a) | 1,000,000 | 1,011,750 | ||||||
|
| |||||||
1,340,100 | ||||||||
|
| |||||||
Auto Manufacturers 0.1% | ||||||||
General Motors Co., 3.500%, 10/02/18(a) | 4,000,000 | 3,990,000 | ||||||
General Motors Co., 6.250%, 10/02/43(a) | 4,500,000 | 4,432,500 | ||||||
|
| |||||||
8,422,500 | ||||||||
|
| |||||||
Banks 0.1% | ||||||||
Ally Financial, Inc., 3.500%, 07/18/16 | 8,000,000 | 8,080,000 | ||||||
Citigroup, Inc., Series D, 5.350%, (d)(i) | 2,870,000 | 2,496,900 | ||||||
|
| |||||||
10,576,900 | ||||||||
|
| |||||||
Building Materials 0.0%(h) | ||||||||
CPG Merger Sub LLC, 8.000%, 10/01/21(a) | 500,000 | 508,125 | ||||||
|
| |||||||
Coal 0.0%(h) | ||||||||
Natural Resource Partners LP, 9.125%, 10/01/18(a) | 1,000,000 | 1,010,000 | ||||||
|
| |||||||
Commercial Services 0.2% | ||||||||
Ceridian Corp., 11.250%, 11/15/15 | 10,000,000 | 10,100,000 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(a) | 3,715,000 | 3,919,325 | ||||||
|
| |||||||
14,019,325 | ||||||||
|
| |||||||
Diversified Financial Services 0.2% |
| |||||||
General Motors Financial Co., Inc., 2.750%, 05/15/16(a) | 5,000,000 | 4,987,500 | ||||||
General Motors Financial Co., Inc., 3.250%, 05/15/18(a) | 2,000,000 | 1,945,000 | ||||||
International Lease Finance Corp., 3.875%, 04/15/18 | 9,890,000 | 9,556,212 | ||||||
Springleaf Finance Corp., 7.750%, 10/01/21(a) | 125,000 | 129,688 | ||||||
Springleaf Finance Corp., 8.250%, 10/01/23(a) | 125,000 | 130,000 | ||||||
|
| |||||||
16,748,400 | ||||||||
|
|
See Notes to Financial Statements.
58
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Electric 0.4% | ||||||||
Glenn Pool Oil & Gas Trust, 6.000%, 08/02/21(a) | 34,487,389 | 35,349,573 | ||||||
|
| |||||||
Entertainment 0.1% | ||||||||
Diamond Resorts Corp., 12.000%, 08/15/18 | 491,000 | 545,010 | ||||||
Mohegan Tribal Gaming Authority, 9.750%, 09/01/21(a) | 3,335,000 | 3,485,075 | ||||||
|
| |||||||
4,030,085 | ||||||||
|
| |||||||
Food 0.2% | ||||||||
Hawk Acquisition Sub, Inc., 4.250%, 10/15/20(a) | 13,100,000 | 12,494,125 | ||||||
|
| |||||||
Healthcare-Services 0.1% | ||||||||
Tenet Healthcare Corp., 6.000%, 10/01/20(a) | 3,000,000 | 3,067,500 | ||||||
Tenet Healthcare Corp., 8.125%, 04/01/22(a) | 1,925,000 | 2,009,219 | ||||||
|
| |||||||
5,076,719 | ||||||||
|
| |||||||
Holding Companies-Diversified 0.0%(h) |
| |||||||
Nielsen Co. Luxembourg SARL (The), 5.500%, 10/01/21(a) | 785,000 | 785,981 | ||||||
WaveDivision Escrow LLC/WaveDivision Escrow Corp., 8.125%, 09/01/20(a) | 2,195,000 | 2,293,775 | ||||||
|
| |||||||
3,079,756 | ||||||||
|
| |||||||
Insurance 0.0%(h) | ||||||||
Hockey Merger Sub 2, Inc., 7.875%, 10/01/21(a)(c) | 530,000 | 530,663 | ||||||
|
| |||||||
Internet 0.1% | ||||||||
Zayo Escrow Corp., 8.125%, 01/01/20 | 1,475,000 | 1,613,281 | ||||||
Zayo Escrow Corp., 10.125%, 07/01/20 | 2,365,000 | 2,713,838 | ||||||
|
| |||||||
4,327,119 | ||||||||
|
| |||||||
Lodging 0.1% | ||||||||
Paris Las Vegas Holding, 11.000%, 10/01/21(a)(c) | 5,000,000 | 5,000,000 | ||||||
Paris Las Vegas Holding LLC, 8.000%, 10/01/20(a)(c) | 5,000,000 | 5,000,000 | ||||||
|
| |||||||
10,000,000 | ||||||||
|
| |||||||
Media 0.9% | ||||||||
CCO Holdings LLC/Cap Corp., 5.750%, 01/15/24 | 9,000,000 | 8,505,000 |
Shares or Principal Amount($) | Value($) | |||||||
Media—continued | ||||||||
Clear Channel Communications, Inc., 9.000%, 12/15/19 | 10,353,000 | 10,145,940 | ||||||
Clear Channel Communications, Inc., 11.250%, 03/01/21 | 1,185,000 | 1,223,512 | ||||||
DISH DBS Corp., 4.250%, 04/01/18 | 8,640,000 | 8,650,800 | ||||||
DISH DBS Corp., 5.000%, 03/15/23 | 25,000,000 | 23,187,500 | ||||||
LIN Television Corp., 8.375%, 04/15/18 | 17,555,000 | 18,696,075 | ||||||
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance, 9.750%, 04/01/21(a) | 1,585,000 | 1,680,100 | ||||||
Nexstar Broadcasting, Inc., 6.875%, 11/15/20(a)(c) | 240,000 | 244,200 | ||||||
Univision Communications, Inc., 6.875%, 05/15/19(a) | 1,925,000 | 2,059,750 | ||||||
|
| |||||||
74,392,877 | ||||||||
|
| |||||||
Mining 0.0%(h) | ||||||||
Inmet Mining Corp., 8.750%, 06/01/20(a) | 1,170,000 | 1,251,900 | ||||||
|
| |||||||
Miscellaneous Manufacturer 0.2% |
| |||||||
Bombardier, Inc., 4.250%, 01/15/16(a) | 15,000,000 | 15,562,500 | ||||||
|
| |||||||
Oil & Gas 0.7% | ||||||||
Chesapeake Energy Corp., 3.250%, 03/15/16 | 10,000,000 | 10,037,500 | ||||||
Continental Resources, Inc., 4.500%, 04/15/23 | 635,000 | 623,094 | ||||||
MEG Energy Corp., 7.000%, 03/31/24(a) | 2,275,000 | 2,289,219 | ||||||
Plains Exploration & Production Co., 6.125%, 06/15/19 | 30,426,000 | 32,618,406 | ||||||
Range Resources Corp., 5.000%, 03/15/23 | 1,960,000 | 1,881,600 | ||||||
United Refining Co., 10.500%, 02/28/18 | 9,921,000 | 11,061,915 | ||||||
|
| |||||||
58,511,734 | ||||||||
|
| |||||||
Oil & Gas Services 0.0%(h) | ||||||||
Forum Energy Technologies, Inc., 6.250%, 10/01/21(a) | 400,000 | 402,500 | ||||||
|
|
See Notes to Financial Statements.
59
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Pharmaceuticals 0.1% | ||||||||
VPII Escrow Corp., 6.750%, 08/15/18(a) | 4,300,000 | 4,601,000 | ||||||
VPII Escrow Corp., 7.500%, 07/15/21(a) | 2,150,000 | 2,316,625 | ||||||
|
| |||||||
6,917,625 | ||||||||
|
| |||||||
Real Estate 0.0%(h) | ||||||||
CBRE Services, Inc., 5.000%, 03/15/23 | 1,415,000 | 1,326,562 | ||||||
Howard Hughes Corp., 6.875%, 10/01/21(a) | 665,000 | 664,508 | ||||||
|
| |||||||
1,991,070 | ||||||||
|
| |||||||
Real Estate Investment Trust 0.1% |
| |||||||
iStar Financial, Inc., 3.875%, 07/01/16 | 5,000,000 | 5,012,500 | ||||||
|
| |||||||
Software 0.1% | ||||||||
Activision Blizzard, Inc., 5.625%, 09/15/21(a) | 1,250,000 | 1,251,563 | ||||||
Activision Blizzard, Inc., 6.125%, 09/15/23(a) | 7,500,000 | 7,537,500 | ||||||
BMC Software Finance, Inc., 8.125%, 07/15/21(a) | 1,500,000 | 1,556,250 | ||||||
|
| |||||||
10,345,313 | ||||||||
|
| |||||||
Telecommunication Services 1.9% |
| |||||||
Avanti Communications Group PLC, 10.000%, 10/01/19(a)(c) | 3,275,000 | 3,307,750 | ||||||
CenturyLink, Inc., 5.625%, 04/01/20 | 1,345,000 | 1,313,056 | ||||||
Intelsat Jackson Holdings SA, 5.500%, 08/01/23(a) | 4,920,000 | 4,600,200 | ||||||
Intelsat Jackson Holdings SA, 7.250%, 10/15/20 | 3,750,000 | 4,003,125 | ||||||
Intelsat Jackson Holdings SA, 7.500%, 04/01/21 | 1,250,000 | 1,350,000 | ||||||
Level 3 Communications, Inc., 11.875%, 02/01/19 | 3,000,000 | 3,450,000 | ||||||
Level 3 Financing, Inc., 8.125%, 07/01/19 | 4,065,000 | 4,349,550 | ||||||
Level 3 Financing, Inc., 10.000%, 02/01/18(j) | 3,440,000 | 3,685,100 | ||||||
Lynx II Corp., 6.375%, 04/15/23(a) | 1,600,000 | 1,592,000 | ||||||
MetroPCS Wireless, Inc., 6.250%, 04/01/21(a) | 6,445,000 | 6,477,225 | ||||||
MetroPCS Wireless, Inc., 6.625%, 04/01/23(a) | 5,375,000 | 5,388,437 | ||||||
NII Capital Corp., 7.625%, 04/01/21 | 6,500,000 | 4,615,000 |
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
NII International Telecom S.A.R.L., 11.375%, 08/15/19(a) | 2,560,000 | 2,649,600 | ||||||
NII International Telecom SCA, 7.875%, 08/15/19(a) | 2,285,000 | 2,073,638 | ||||||
Satmex Escrow SA de CV, 9.500%, 05/15/17 | 6,000,000 | 6,540,000 | ||||||
Softbank Corp., 4.500%, 04/15/20(a) | 8,400,000 | 8,072,400 | ||||||
Sprint Capital Corp., 6.875%, 11/15/28 | 2,000,000 | 1,785,000 | ||||||
Sprint Capital Corp., 8.750%, 03/15/32(j) | 1,700,000 | 1,727,625 | ||||||
Sprint Communications, Inc., 7.000%, 08/15/20 | 5,680,000 | 5,779,400 | ||||||
Sprint Communications, Inc., 11.500%, 11/15/21 | 2,280,000 | 2,929,800 | ||||||
Sprint Corp., 7.875%, 09/15/23(a) | 12,220,000 | 12,464,400 | ||||||
Trilogy International Partners LLC, 10.250%, 08/15/16(a) | 12,958,000 | 12,439,680 | ||||||
Wind Acquisition Finance Holdings, PIK, 12.250%, 07/15/17(a) | 30,884,781 | 29,700,006 | ||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18(a) | 9,940,000 | 10,287,900 | ||||||
Windstream Holding of the Midwest, Inc., 6.750%, 04/01/28(j) | 8,088,000 | 7,643,160 | ||||||
|
| |||||||
148,224,052 | ||||||||
|
| |||||||
Transportation 0.0%(h) | ||||||||
CHC Helicopter SA, 9.375%, 06/01/21 | 435,000 | 432,825 | ||||||
|
| |||||||
Total Corporate Bonds | 450,558,286 | |||||||
|
| |||||||
Preferred Stock 0.0%(h) | ||||||||
Diversified Financial Services 0.0%(h) |
| |||||||
GMAC Capital Trust I, Series 2, 8.125%(d) | 94,025 | 2,515,169 | ||||||
|
| |||||||
Total Preferred Stock | 2,515,169 | |||||||
|
| |||||||
Common Stock 0.0%(h) | ||||||||
Energy-Alternate Sources 0.0%(h) |
| |||||||
Aventine Renewable Energy Holdings, Inc.*(e)(f) | 69,037 | 1,208,147 | ||||||
|
| |||||||
Total Common Stock | 1,208,147 | |||||||
|
|
See Notes to Financial Statements.
60
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 10.9% | ||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, (0.05%)(k) | 875,824,961 | 875,824,961 | ||||||
|
| |||||||
Total Money Market Fund | 875,824,961 | |||||||
|
| |||||||
Total Investments |
| 9,088,481,082 | ||||||
Liabilities in Excess of Other |
| (1,030,493,977 | ) | |||||
|
| |||||||
Net Assets — 100.0% | $ | 8,057,987,105 | ||||||
|
|
* | Non-income producing security. |
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 98.9% of net assets as of September 30, 2013. |
(b) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(e) | Security is in default. |
(f) | The Fund’s investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(g) | Bankrupt issuer. |
(h) | Less than 0.05% of Net Assets. |
(i) | Security is perpetual in nature and has no stated maturity. |
(j) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(k) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
PIK — Payment in-kind
As of September 30, 2013, the Fund had the following unfunded loan commitments:
Borrower | Unfunded Commitments | Unrealized Appreciation (Depreciation) | ||||||
Altice Financing SA | $ 3,254,772 | $789,392 | ||||||
Media General Inc. | 7,990,000 | 91,544 | ||||||
Power Team Services, LLC | 790,000 | (10,726 | ) | |||||
|
|
|
| |||||
$12,034,772 | $870,210 | |||||||
|
|
|
|
The commitments are available until the maturity date of the respective security.
See Notes to Financial Statements.
61
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund
Shares or Principal Amount($) | Value($) | |||||||
Bank Loans 5.6% | ||||||||
Chemicals 0.3% | ||||||||
Ineos US Finance LLC, 6 Year Term Loan, 4.000%, 05/04/18(a)(b)(c) | 5,887,777 | 5,817,477 | ||||||
|
| |||||||
Commercial Services 0.3% | ||||||||
Walter Energy, Inc., Term Loan B, 6.750%, 04/02/18(b)(c) | 4,670,176 | 4,476,690 | ||||||
|
| |||||||
Health Care 0.0%(e) | ||||||||
Community Health Systems, Inc., Extended Term Loan, | 845,273 | 844,099 | ||||||
|
| |||||||
Insurance 0.3% | ||||||||
Asurion LLC, New Term Loan B1, 4.500%, 05/24/19(b)(c) | 4,812,307 | 4,763,414 | ||||||
|
| |||||||
Lodging 0.2% | ||||||||
Scientific Games International, Inc., New Term Loan B, 05/22/20(a)(b)(d) | 2,570,000 | 2,547,512 | ||||||
|
| |||||||
Media 0.4% | ||||||||
Tribune Co., Exit Term Loan, 4.000%, 12/31/19(b)(c) | 6,610,050 | 6,603,175 | ||||||
|
| |||||||
Mining 0.2% | ||||||||
FMG Resources (August 2006) Pty Ltd, Term Loan, 5.250%, 10/18/17(b)(c) | 1,108,800 | 1,111,372 | ||||||
TMS International Corp., Bridge Term Loan, 08/22/14(a)(b)(d) | 3,080,000 | 3,080,000 | ||||||
|
| |||||||
4,191,372 | ||||||||
|
| |||||||
Oil & Gas 0.3% | ||||||||
Energy Transfer Equity, L.P., New Term Loan B, 3.750%, 03/24/17(b)(c) | 4,900,500 | 4,915,839 | ||||||
|
| |||||||
Packaging & Containers 0.3% | ||||||||
Berry Plastics Holding Corp., Term Loan D, 3.500%, 02/07/20(b)(c) | 5,805,825 | 5,737,607 | ||||||
|
| |||||||
Retail 1.1% | ||||||||
JC Penney Corp., Inc., 1st Lien Term Loan, 05/22/18(a)(b)(d) | 4,748,100 | 4,598,108 | ||||||
Sears Holding Corp., Term Loan, 06/29/18(a)(b)(d) | 9,525,000 | 9,447,657 |
Shares or Principal Amount($) | Value($) | |||||||
Retail—continued | ||||||||
Toys ‘R’ Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(b)(c) | 4,039,890 | 3,918,693 | ||||||
|
| |||||||
17,964,458 | ||||||||
|
| |||||||
Semiconductors 0.5% | ||||||||
Freescale Semiconductor, Inc., Term Loan B4, 5.000%, 02/28/20(b)(c) | 7,915,225 | 7,939,208 | ||||||
|
| |||||||
Telecommunication Services 1.7% |
| |||||||
Alcatel-Lucent USA, Inc., USD Term Loan C, 5.750%, 01/30/19(b)(c) | 2,625,163 | 2,642,226 | ||||||
Cequel Communications LLC, Term Loan B, 3.500%, 02/14/19(b)(c) | 11,879,100 | 11,850,709 | ||||||
Crown Castle International Corp., New Term Loan, 3.250%, 01/31/19(b)(c) | 5,910,163 | 5,832,622 | ||||||
Level 3 Financing, Inc., New 2019 Term Loan, 4.000%, 08/01/19(b)(c) | 3,305,000 | 3,298,390 | ||||||
Virgin Media Investment Holdings Ltd., USD Term Loan B, 3.500%, 06/08/20(b)(c) | 5,305,000 | 5,270,358 | ||||||
|
| |||||||
28,894,305 | ||||||||
|
| |||||||
Total Bank Loans | 94,695,156 | |||||||
|
| |||||||
Corporate Bonds 83.3% | ||||||||
Advertising 0.2% | ||||||||
MDC Partners, Inc., 6.750%, 04/01/20(b) | 3,690,000 | 3,736,125 | ||||||
|
| |||||||
Aerospace/Defense 0.7% | ||||||||
BE Aerospace, Inc., 5.250%, 04/01/22 | 4,915,000 | 4,878,138 | ||||||
Ducommun, Inc., 9.750%, 07/15/18 | 3,230,000 | 3,585,300 | ||||||
GenCorp, Inc., 7.125%, 03/15/21(b) | 3,140,000 | 3,289,150 | ||||||
|
| |||||||
11,752,588 | ||||||||
|
| |||||||
Airlines 1.0% | ||||||||
Air Canada, 6.750%, 10/01/19(b) | 17,740,000 | 17,651,300 | ||||||
|
| |||||||
Apparel 0.3% | ||||||||
Wolverine World Wide, Inc., 6.125%, 10/15/20 | 4,730,000 | 4,907,375 | ||||||
|
|
See Notes to Financial Statements.
62
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Auto Manufacturers 1.5% | ||||||||
General Motors Co., 3.500%, 10/02/18(b) | 12,345,000 | 12,314,137 | ||||||
General Motors Co., 6.250%, 10/02/43(b) | 13,880,000 | 13,671,800 | ||||||
|
| |||||||
25,985,937 | ||||||||
|
| |||||||
Auto Parts & Equipment 1.0% |
| |||||||
Cooper-Standard Automotive, Inc., 8.500%, 05/01/18 | 8,893,000 | 9,471,045 | ||||||
Schaeffler Holding Finance BV, PIK, 6.875%, 08/15/18(b) | 6,645,000 | 6,960,637 | ||||||
|
| |||||||
16,431,682 | ||||||||
|
| |||||||
Banks 2.7% | ||||||||
Ally Financial, Inc., 7.500%, 09/15/20(f) | 12,801,000 | 14,385,124 | ||||||
Ally Financial, Inc., 8.000%, 11/01/31 | 13,755,000 | 15,474,375 | ||||||
CIT Group, Inc., 5.250%, 03/15/18 | 3,055,000 | 3,200,112 | ||||||
Citigroup, Inc., Series D, 5.350%, (c)(g) | 9,215,000 | 8,017,050 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 6.750%, 06/15/21(b) | 2,505,000 | 2,517,525 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 10.125%, 02/15/19(b) | 2,685,000 | 2,966,925 | ||||||
|
| |||||||
46,561,111 | ||||||||
|
| |||||||
Beverages 0.1% | ||||||||
Cott Beverages, Inc., 8.125%, 09/01/18 | 1,500,000 | 1,623,750 | ||||||
|
| |||||||
Building Materials 1.1% | ||||||||
Building Materials Corp. of America, 6.750%, 05/01/21(b) | 2,885,000 | 3,101,375 | ||||||
Cemex Finance LLC, 9.375%, 10/12/22(b) | 3,575,000 | 3,914,625 | ||||||
Cemex SAB de CV, 5.875%, 03/25/19(b)(h) | 2,775,000 | 2,664,000 | ||||||
Gibraltar Industries, Inc., 6.250%, 02/01/21 | 3,180,000 | 3,211,800 | ||||||
Masco Corp., 5.950%, 03/15/22 | 5,540,000 | 5,803,150 | ||||||
|
| |||||||
18,694,950 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Chemicals 1.1% | ||||||||
Huntsman International LLC, 8.625%, 03/15/21(h) | 1,055,000 | 1,171,050 | ||||||
Ineos Finance PLC, 7.500%, 05/01/20(b) | 4,100,000 | 4,397,250 | ||||||
Kinove German Bondco GmbH, 9.625%, 06/15/18(b) | 3,647,000 | 4,029,935 | ||||||
Nufarm Australia Ltd., 6.375%, 10/15/19(b) | 2,000,000 | 1,990,000 | ||||||
PetroLogistics LP/PetroLogistics Finance Corp., 6.250%, 04/01/20(b) | 3,218,000 | 3,153,640 | ||||||
Rentech Nitrogen Partners LP/Rentech Nitrogen Finance Corp., 6.500%, 04/15/21(b) | 3,720,000 | 3,645,600 | ||||||
|
| |||||||
18,387,475 | ||||||||
|
| |||||||
Coal 0.6% | ||||||||
Natural Resource Partners LP, 9.125%, 10/01/18(b) | 3,765,000 | 3,802,650 | ||||||
Peabody Energy Corp., 6.250%, 11/15/21(h) | 6,780,000 | 6,576,600 | ||||||
|
| |||||||
10,379,250 | ||||||||
|
| |||||||
Commercial Services 3.4% | ||||||||
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 8.250%, 01/15/19(h) | 4,945,000 | 5,365,325 | ||||||
FTI Consulting, Inc., 6.000%, 11/15/22 | 3,750,000 | 3,721,875 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(b) | 13,724,000 | 14,478,820 | ||||||
Iron Mountain, Inc., 7.750%, 10/01/19 | 4,135,000 | 4,543,331 | ||||||
Lender Processing Services, Inc., 5.750%, 04/15/23 | 3,760,000 | 3,858,700 | ||||||
Live Nation Entertainment, Inc., 7.000%, 09/01/20(b) | 2,475,000 | 2,583,281 | ||||||
National Money Mart Co., 10.375%, 12/15/16 | 2,720,000 | 2,849,200 | ||||||
Prospect Medical Holdings, Inc., 8.375%, 05/01/19(b) | 8,375,000 | 8,793,750 | ||||||
Rent-A-Center, Inc., 4.750%, 05/01/21(b) | 1,825,000 | 1,697,250 | ||||||
United Rentals North America, Inc., 7.625%, 04/15/22 | 9,110,000 | 9,907,125 | ||||||
|
| |||||||
57,798,657 | ||||||||
|
|
See Notes to Financial Statements.
63
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Computers 0.5% | ||||||||
j2 Global, Inc., 8.000%, 08/01/20 | 5,565,000 | 5,982,375 | ||||||
Seagate HDD Cayman, 6.875%, 05/01/20 | 1,610,000 | 1,762,950 | ||||||
SunGard Data Systems, Inc., 7.625%, 11/15/20 | 1,540,000 | 1,647,800 | ||||||
| �� | |||||||
9,393,125 | ||||||||
|
| |||||||
Distribution/Wholesale 0.1% | ||||||||
LKQ Corp., 4.750%, 05/15/23(b) | 2,680,000 | 2,485,700 | ||||||
|
| |||||||
Diversified Financial Services 3.2% |
| |||||||
Aircastle Ltd., 6.750%, 04/15/17 | 5,215,000 | 5,580,050 | ||||||
Aircastle Ltd., 7.625%, 04/15/20 | 6,430,000 | 7,105,150 | ||||||
CNG Holdings, Inc., 9.375%, 05/15/20(b) | 5,520,000 | 5,106,000 | ||||||
Community Choice Financial, Inc., 10.750%, 05/01/19 | 3,970,000 | 3,493,600 | ||||||
Denali Borrower LLC/Denali Finance Corp., 5.625%, 10/15/20(a)(b) | 3,365,000 | 3,268,256 | ||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 6.000%, 08/01/20(b) | 4,970,000 | 4,970,000 | ||||||
ILFC E-Capital Trust I, 5.350%, 12/21/65(b)(c)(h) | 12,420,000 | 10,619,100 | ||||||
ILFC E-Capital Trust II, 6.250%, 12/21/65(b)(c) | 2,490,000 | 2,265,900 | ||||||
International Lease Finance Corp., 6.250%, 05/15/19 | 945,000 | 992,250 | ||||||
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.375%, 04/01/20(b) | 5,270,000 | 5,217,300 | ||||||
Jefferies LoanCore LLC/JLC Finance Corp., 6.875%, 06/01/20(b) | 1,855,000 | 1,817,900 | ||||||
SquareTwo Financial Corp., 11.625%, 04/01/17(h) | 3,570,000 | 3,748,500 | ||||||
|
| |||||||
54,184,006 | ||||||||
|
| |||||||
Electric 2.4% | ||||||||
Calpine Corp., 7.500%, 02/15/21(b) | 2,140,000 | 2,273,750 | ||||||
Calpine Corp., 7.875%, 01/15/23(b) | 5,679,000 | 5,977,148 | ||||||
Dynegy, Inc., 5.875%, 06/01/23(b) | 9,835,000 | 8,974,437 |
Shares or Principal Amount($) | Value($) | |||||||
Electric—continued | ||||||||
Enel SpA, 8.750%, 09/24/73(b)(c) | 2,835,000 | 2,868,493 | ||||||
GenOn Energy, Inc., 9.500%, 10/15/18 | 490,000 | 551,250 | ||||||
GenOn Energy, Inc., 9.875%, 10/15/20 | 10,024,000 | 11,051,460 | ||||||
NRG Energy, Inc., 7.625%, 05/15/19 | 3,000,000 | 3,165,000 | ||||||
NRG Energy, Inc., 7.875%, 05/15/21 | 4,955,000 | 5,301,850 | ||||||
|
| |||||||
40,163,388 | ||||||||
|
| |||||||
Electrical Components & Equipment 0.3% |
| |||||||
General Cable Corp., 5.750%, 10/01/22(b) | 1,790,000 | 1,713,925 | ||||||
GrafTech International Ltd., 6.375%, 11/15/20 | 3,750,000 | 3,787,500 | ||||||
|
| |||||||
5,501,425 | ||||||||
|
| |||||||
Electronics 0.5% | ||||||||
APX Group, Inc., 6.375%, 12/01/19(b) | 8,620,000 | 8,145,900 | ||||||
|
| |||||||
Energy-Alternate Sources 0.3% |
| |||||||
First Wind Capital LLC, 10.250%, 06/01/18(b) | 5,075,000 | 5,455,625 | ||||||
|
| |||||||
Engineering & Construction 0.7% |
| |||||||
Aguila 3 SA, 7.875%, 01/31/18(b) | 4,350,000 | 4,545,750 | ||||||
Aguila 3 SA, 7.875%, 01/31/18(b) | 4,275,000 | 4,467,375 | ||||||
Dycom Investments, Inc., 7.125%, 01/15/21 | 2,570,000 | 2,692,075 | ||||||
|
| |||||||
11,705,200 | ||||||||
|
| |||||||
Entertainment 1.3% | ||||||||
Carmike Cinemas, Inc., 7.375%, 05/15/19 | 2,960,000 | 3,189,400 | ||||||
Diamond Resorts Corp., 12.000%, 08/15/18 | 8,020,000 | 8,902,200 | ||||||
DreamWorks Animation SKG, Inc., 6.875%, 08/15/20(b) | 1,895,000 | 1,966,062 | ||||||
Gibson Brands, Inc., 8.875%, 08/01/18(b) | 2,882,000 | 2,925,230 | ||||||
Pinnacle Entertainment, Inc., 7.750%, 04/01/22(h) | 2,130,000 | 2,241,825 | ||||||
Pinnacle Entertainment, Inc., 8.750%, 05/15/20(h) | 2,280,000 | 2,496,600 | ||||||
|
| |||||||
21,721,317 | ||||||||
|
|
See Notes to Financial Statements.
64
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Environmental Control 1.4% | ||||||||
Clean Harbors, Inc., 5.125%, 06/01/21 | 2,595,000 | 2,507,419 | ||||||
Clean Harbors, Inc., 5.250%, 08/01/20 | 1,390,000 | 1,376,100 | ||||||
Covanta Holding Corp., 7.250%, 12/01/20 | 2,805,000 | 3,007,801 | ||||||
Nuverra Environmental Solutions, Inc., 9.875%, 04/15/18 | 16,460,000 | 16,706,900 | ||||||
|
| |||||||
23,598,220 | ||||||||
|
| |||||||
Exploration & Production 0.2% |
| |||||||
PetroQest Energy, Inc., 10.000%, 09/01/17(b) | 3,445,000 | 3,513,900 | ||||||
|
| |||||||
Food 1.6% | ||||||||
Hawk Acquisition Sub, Inc., 4.250%, 10/15/20(b) | 17,635,000 | 16,819,381 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22 | 6,135,000 | 6,449,419 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22(b) | 3,730,000 | 3,921,162 | ||||||
|
| |||||||
27,189,962 | ||||||||
|
| |||||||
Forest Products & Paper 0.1% |
| |||||||
Resolute Forest Products, Inc., 5.875%, 05/15/23(b) | 1,532,000 | 1,344,330 | ||||||
|
| |||||||
Gas 0.4% | ||||||||
Sabine Pass LNG LP, 6.500%, 11/01/20(b) | 5,775,000 | 5,861,625 | ||||||
Sabine Pass LNG LP, 7.500%, 11/30/16 | 1,385,000 | 1,523,500 | ||||||
|
| |||||||
7,385,125 | ||||||||
|
| |||||||
Healthcare-Products 0.6% | ||||||||
Kinetic Concepts, Inc./KCI USA, Inc., 10.500%, 11/01/18 | 5,700,000 | 6,291,375 | ||||||
Physio-Control International, Inc., 9.875%, 01/15/19(b) | 3,087,000 | 3,457,440 | ||||||
|
| |||||||
9,748,815 | ||||||||
|
| |||||||
Healthcare-Services 1.3% | ||||||||
DaVita HealthCare Partners, Inc., 5.750%, 08/15/22 | 1,935,000 | 1,913,231 | ||||||
Tenet Healthcare Corp., 6.000%, 10/01/20(b) | 3,705,000 | 3,788,363 | ||||||
Tenet Healthcare Corp., 8.125%, 04/01/22(b) | 10,500,000 | 10,959,375 |
Shares or Principal Amount($) | Value($) | |||||||
Healthcare-Services—continued |
| |||||||
Vanguard Health Holding Co. II LLC/Vanguard Holding Co. II, Inc., 7.750%, 02/01/19 | 5,000,000 | 5,362,500 | ||||||
|
| |||||||
22,023,469 | ||||||||
|
| |||||||
Holding Companies-Diversified 0.4% |
| |||||||
Nielsen Co. Luxembourg SARL (The), 5.500%, 10/01/21(b) | 6,615,000 | 6,623,269 | ||||||
|
| |||||||
Home Builders 1.0% | ||||||||
Allegion US Holding Co., 5.750%, 10/01/21(a)(b) | 1,447,000 | 1,447,000 | ||||||
Brookfield Residential Properties, Inc., 6.500%, 12/15/20(b) | 2,665,000 | 2,678,325 | ||||||
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.125%, 07/01/22(b) | 2,865,000 | 2,807,700 | ||||||
KB Home, 7.500%, 09/15/22 | 2,775,000 | 2,886,000 | ||||||
KB Home, 9.100%, 09/15/17 | 3,180,000 | 3,664,950 | ||||||
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.250%, 04/15/21(b) | 3,395,000 | 3,165,837 | ||||||
|
| |||||||
16,649,812 | ||||||||
|
| |||||||
Household Products/Wares 0.6% |
| |||||||
Reynolds Group Holdings, 6.875%, 02/15/21 | 1,825,000 | 1,948,188 | ||||||
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Luxembourg I SA, 7.875%, 08/15/19 | 7,845,000 | 8,629,500 | ||||||
|
| |||||||
10,577,688 | ||||||||
|
| |||||||
Housewares 0.3% | ||||||||
Libbey Glass, Inc., 6.875%, 05/15/20 | 4,073,000 | 4,337,745 | ||||||
|
| |||||||
Insurance 1.8% | ||||||||
Assured Guaranty Municipal Holdings, Inc., 6.400%, 12/15/66(b)(c)(h) | 4,525,000 | 3,936,750 | ||||||
Assured Guaranty US Holdings, Inc., Series A, 6.400%, 12/15/66, Series A(c) | 7,037,000 | 5,981,450 |
See Notes to Financial Statements.
65
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Insurance—continued | ||||||||
Genworth Financial, Inc., 6.150%, 11/15/66(c)(h) | 4,605,000 | �� | 4,029,375 | |||||
Liberty Mutual Group, Inc., 7.000%, 03/07/67(b)(c) | 2,730,000 | 2,770,950 | ||||||
MBIA, Inc., 5.700%, 12/01/34 | 3,770,000 | 3,091,400 | ||||||
MBIA, Inc., 6.625%, 10/01/28 | 5,295,000 | 4,739,025 | ||||||
White Mountains Re Group Ltd., 7.506%(b)(c)(g) | 5,270,000 | 5,416,959 | ||||||
|
| |||||||
29,965,909 | ||||||||
|
| |||||||
Internet 0.8% | ||||||||
Equinix, Inc., 7.000%, 07/15/21 | 3,130,000 | 3,333,450 | ||||||
Mood Media Corp., 9.250%, 10/15/20(b)(h) | 4,065,000 | 3,475,575 | ||||||
Zayo Escrow Corp., 8.125%, 01/01/20(h) | 7,000,000 | 7,656,250 | ||||||
|
| |||||||
14,465,275 | ||||||||
|
| |||||||
Iron/Steel 0.4% | ||||||||
JMC Steel Group, 8.250%, 03/15/18(b)(h) | 6,855,000 | 6,700,763 | ||||||
|
| |||||||
Leisure Time 0.6% | ||||||||
ClubCorp Club Operations, Inc., 10.000%, 12/01/18 | 4,545,000 | 5,033,587 | ||||||
Viking Cruises Ltd., 8.500%, 10/15/22(b) | 4,015,000 | 4,446,613 | ||||||
|
| |||||||
9,480,200 | ||||||||
|
| |||||||
Lodging 3.0% | ||||||||
Caesars Entertainment Operating Co., Inc., 8.500%, 02/15/20 | 15,130,000 | 13,919,600 | ||||||
Caesars Entertainment Operating Co., Inc., 9.000%, 02/15/20 | 3,360,000 | 3,150,000 | ||||||
Downstream Development Authority of the Quapaw Tribe of Oklahoma, 10.500%, 07/01/19(b) | 7,090,000 | 6,983,650 | ||||||
Harrahs Operating, Inc., 11.250%, 06/01/17 | 3,275,000 | 3,324,125 | ||||||
Paris Las Vegas Holding LLC, 8.000%, 10/01/20(a)(b) | 23,920,000 | 23,920,000 | ||||||
|
| |||||||
51,297,375 | ||||||||
|
| |||||||
Machinery-Diversified 0.3% | ||||||||
Manitowoc Co., Inc. (The), 8.500%, 11/01/20 | 4,805,000 | 5,345,563 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Media 6.1% | ||||||||
Block Communications, Inc., 7.250%, 02/01/20(b) | 3,260,000 | 3,423,000 | ||||||
Cablevision Systems Corp., 7.750%, 04/15/18 | 1,180,000 | 1,321,600 | ||||||
Cablevision Systems Corp., 8.000%, 04/15/20(h) | 4,490,000 | 5,006,350 | ||||||
CCO Holdings LLC/Cap Corp., 5.125%, 02/15/23 | 4,170,000 | 3,825,975 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 09/01/23(b) | 3,430,000 | 3,249,925 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 01/15/24 | 21,085,000 | 19,925,325 | ||||||
Clear Channel Worldwide Holdings, Inc., 6.500%, 11/15/22 | 6,395,000 | 6,490,925 | ||||||
Clear Channel Worldwide Holdings, Inc., Series B, 6.500%, 11/15/22(f) | 9,425,000 | 9,613,500 | ||||||
DISH DBS Corp., 4.250%, 04/01/18 | 9,995,000 | 10,007,494 | ||||||
DISH DBS Corp., 5.000%, 03/15/23(f) | 7,720,000 | 7,160,300 | ||||||
DISH DBS Corp., 5.875%, 07/15/22(f) | 16,265,000 | 16,021,025 | ||||||
LIN Television Corp., 6.375%, 01/15/21 | 2,375,000 | 2,375,000 | ||||||
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance, 9.750%, 04/01/21(b)(h) | 3,390,000 | 3,593,400 | ||||||
Univision Communications, Inc., 5.125%, 05/15/23(b)(h) | 3,090,000 | 2,958,675 | ||||||
Univision Communications, Inc., 6.750%, 09/15/22(b) | 8,720,000 | 9,199,600 | ||||||
|
| |||||||
104,172,094 | ||||||||
|
| |||||||
Mining 2.3% | ||||||||
Century Aluminum Co., 7.500%, 06/01/21(b)(h) | 3,100,000 | 2,867,500 | ||||||
FMG Resources August 2006 Pty Ltd., 8.250%, 11/01/19(b)(h) | 12,890,000 | 13,888,975 | ||||||
HudBay Minerals, Inc., 9.500%, 10/01/20 | 960,000 | 962,400 | ||||||
Inmet Mining Corp., 8.750%, 06/01/20(b) | 12,605,000 | 13,487,350 | ||||||
Novelis, Inc., 8.375%, 12/15/17 | 785,000 | 841,912 |
See Notes to Financial Statements.
66
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Mining—continued | ||||||||
Novelis, Inc., 8.750%, 12/15/20 | 2,900,000 | 3,182,750 | ||||||
Vulcan Materials Co., 7.500%, 06/15/21 | 3,345,000 | 3,729,675 | ||||||
|
| |||||||
38,960,562 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 1.5% |
| |||||||
Amsted Industries, Inc., 8.125%, 03/15/18(b) | 3,935,000 | 4,171,100 | ||||||
Bombardier, Inc., 5.750%, 03/15/22(b)(f) | 6,890,000 | 6,838,325 | ||||||
Bombardier, Inc., 6.125%, 01/15/23(b)(f) | 8,120,000 | 8,120,000 | ||||||
Polymer Group, Inc., 7.750%, 02/01/19 | 5,260,000 | 5,621,625 | ||||||
|
| |||||||
24,751,050 | ||||||||
|
| |||||||
Oil & Gas 9.8% | ||||||||
Chesapeake Energy Corp., 6.875%, 11/15/20 | 2,060,000 | 2,224,800 | ||||||
Chesapeake Energy Corp., 7.250%, 12/15/18(h) | 3,105,000 | 3,516,412 | ||||||
CITGO Petroleum Corp., 11.500%, 07/01/17(b) | 2,910,000 | 3,193,725 | ||||||
Concho Resources, Inc., 5.500%, 04/01/23 | 2,735,000 | 2,700,813 | ||||||
Continental Resources, Inc., 4.500%, 04/15/23 | 4,145,000 | 4,067,281 | ||||||
Continental Resources, Inc., 5.000%, 09/15/22 | 2,670,000 | 2,686,688 | ||||||
EP Energy LLC/Everest Acquisition Finance, Inc., 6.875%, 05/01/19 | 1,630,000 | 1,740,025 | ||||||
EP Energy LLC/Everest Acquisition Finance, Inc., 7.750%, 09/01/22 | 6,270,000 | 6,802,950 | ||||||
Hercules Offshore, Inc., 7.125%, 04/01/17(b) | 5,075,000 | 5,398,531 | ||||||
Hercules Offshore, Inc., 7.500%, 10/01/21(a)(b) | 13,975,000 | 13,975,000 | ||||||
Hercules Offshore, Inc., 8.750%, 07/15/21(b) | 3,175,000 | 3,365,500 | ||||||
Linn Energy LLC/Finance Corp., 6.500%, 05/15/19 | 4,450,000 | 4,272,000 | ||||||
Linn Energy LLC/Finance Corp., 8.625%, 04/15/20(h) | 4,865,000 | 5,029,194 | ||||||
MEG Energy Corp., 6.375%, 01/30/23(b) | 7,395,000 | 7,247,100 | ||||||
MEG Energy Corp., 7.000%, 03/31/24(b) | 10,460,000 | 10,525,375 |
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas—continued | ||||||||
Oasis Petroleum, Inc., 6.875%, 03/15/22(b) | 3,610,000 | 3,808,550 | ||||||
Oasis Petroleum, Inc., 6.875%, 01/15/23 | 5,165,000 | 5,474,900 | ||||||
Offshore Group Investment Ltd., 7.500%, 11/01/19(h) | 8,315,000 | 8,751,537 | ||||||
Plains Exploration & Production Co., 6.500%, 11/15/20 | 1,980,000 | 2,124,388 | ||||||
Plains Exploration & Production Co., 6.625%, 05/01/21 | 6,685,000 | 7,171,200 | ||||||
Plains Exploration & Production Co., 6.750%, 02/01/22 | 3,555,000 | 3,804,874 | ||||||
Plains Exploration & Production Co., 6.875%, 02/15/23 | 11,550,000 | 12,387,375 | ||||||
Range Resources Corp., 5.000%, 08/15/22 | 2,880,000 | 2,786,400 | ||||||
Range Resources Corp., 5.000%, 03/15/23 | 6,570,000 | 6,307,200 | ||||||
Rex Energy Corp., 8.875%, 12/01/20(b) | 3,436,000 | 3,607,800 | ||||||
SandRidge Energy, Inc., 7.500%, 03/15/21 | 10,170,000 | 10,271,700 | ||||||
SandRidge Energy, Inc., 8.125%, 10/15/22 | 2,150,000 | 2,171,500 | ||||||
United Refining Co., 10.500%, 02/28/18 | 11,319,000 | 12,620,685 | ||||||
WPX Energy, Inc., 6.000%, 01/15/22 | 7,735,000 | 7,841,356 | ||||||
|
| |||||||
165,874,859 | ||||||||
|
| |||||||
Oil & Gas Services 1.6% | ||||||||
Cie Generale de Geophysique - Veritas, 6.500%, 06/01/21 | 4,275,000 | 4,360,500 | ||||||
Forum Energy Technologies, Inc., 6.250%, 10/01/21(b) | 4,025,000 | 4,050,156 | ||||||
Hornbeck Offshore Services, Inc., 5.000%, 03/01/21 | 4,685,000 | 4,485,888 | ||||||
Oil States International, Inc., 5.125%, 01/15/23(b) | 3,220,000 | 3,525,900 | ||||||
Oil States International, Inc., 6.500%, 06/01/19 | 10,685,000 | 11,326,100 | ||||||
|
| |||||||
27,748,544 | ||||||||
|
|
See Notes to Financial Statements.
67
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Packaging & Containers 1.1% | ||||||||
Ball Corp., 5.000%, 03/15/22 | 7,425,000 | 7,202,250 | ||||||
Sealed Air Corp., 8.125%, 09/15/19(b) | 5,095,000 | 5,680,925 | ||||||
Sealed Air Corp., 8.375%, 09/15/21(b) | 5,060,000 | 5,730,450 | ||||||
|
| |||||||
18,613,625 | ||||||||
|
| |||||||
Pharmaceuticals 1.8% | ||||||||
ConvaTec Healthcare, 10.500%, 12/15/18(b) | 2,850,000 | 3,220,500 | ||||||
Endo Pharmaceuticals Holdings, Inc., 7.000%, 07/15/19 | 3,195,000 | 3,290,850 | ||||||
Endo Pharmaceuticals Holdings, Inc., 7.000%, 12/15/20 | 2,610,000 | 2,675,250 | ||||||
Endo Pharmaceuticals Holdings, Inc., 7.250%, 01/15/22 | 2,460,000 | 2,533,800 | ||||||
Valeant Pharmaceuticals International, 7.000%, 10/01/20(b) | 3,900,000 | 4,134,000 | ||||||
VPII Escrow Corp., 6.750%, 08/15/18(b) | 9,030,000 | 9,662,100 | ||||||
VPII Escrow Corp., 7.500%, 07/15/21(b) | 4,515,000 | 4,864,912 | ||||||
|
| |||||||
30,381,412 | ||||||||
|
| |||||||
Pipelines 2.5% | ||||||||
Access Midstream Partners LP/ACMP Finance Corp., 5.875%, 04/15/21 | 5,555,000 | 5,707,762 | ||||||
Access Midstream Partners LP/ACMP Finance Corp., 6.125%, 07/15/22 | 3,120,000 | 3,205,800 | ||||||
El Paso Corp., 6.500%, 09/15/20 | 6,885,000 | 7,210,344 | ||||||
MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 5.500%, 02/15/23 | 2,035,000 | 2,040,088 | ||||||
MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 6.250%, 06/15/22 | 615,000 | 647,288 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 02/01/21(b)(f) | 15,985,000 | 15,645,319 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 04/15/23(b) | 4,650,000 | 4,458,187 |
Shares or Principal Amount($) | Value($) | |||||||
Pipelines—continued | ||||||||
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 6.125%, 10/15/21 | 3,000,000 | 3,015,000 | ||||||
|
| |||||||
41,929,788 | ||||||||
|
| |||||||
Real Estate 0.8% | ||||||||
CBRE Services, Inc., 5.000%, 03/15/23 | 5,770,000 | 5,409,375 | ||||||
Howard Hughes Corp., 6.875%, 10/01/2(b) | 8,170,000 | 8,163,954 | ||||||
|
| |||||||
13,573,329 | ||||||||
|
| |||||||
Real Estate Investment Trust 0.7% |
| |||||||
MPT Operating Partnership LP/MPT Finance Corp., 6.875%, 05/01/21 | 4,000,000 | 4,210,000 | ||||||
Reckson Operating Partnership LP, 7.750%, 03/15/20 | 6,005,000 | 7,095,280 | ||||||
|
| |||||||
11,305,280 | ||||||||
|
| |||||||
Retail 2.0% | ||||||||
AutoNation, Inc., 5.500%, 02/01/20 | 4,636,000 | 4,827,235 | ||||||
Hot Topic, Inc., 9.250%, 06/15/21(b) | 1,605,000 | 1,649,138 | ||||||
Limited Brands, Inc., 6.625%, 04/01/21 | 2,900,000 | 3,135,625 | ||||||
Limited Brands, Inc., 7.000%, 05/01/20 | 2,520,000 | 2,784,600 | ||||||
Outerwall, Inc., 6.000%, 03/15/19(b) | 3,355,000 | 3,271,125 | ||||||
Phillips-Van Heusen Corp., 7.375%, 05/15/20 | 2,005,000 | 2,185,450 | ||||||
Sears Holdings Corp., 6.625%, 10/15/18(h) | 17,315,000 | 16,319,387 | ||||||
|
| |||||||
34,172,560 | ||||||||
|
| |||||||
Semiconductors 0.3% | ||||||||
Advanced Micro Devices, Inc., 7.500%, 08/15/22 | 1,580,000 | 1,512,850 | ||||||
Advanced Micro Devices, Inc., 7.750%, 08/01/20(h) | 1,650,000 | 1,614,938 | ||||||
Magnachip Semiconductor Corp., 6.625%, 07/15/21(b) | 1,604,000 | 1,583,950 | ||||||
|
| |||||||
4,711,738 | ||||||||
|
| |||||||
Shipbuilding 0.3% | ||||||||
Huntington Ingalls Industries, Inc., 7.125%, 03/15/21 | 5,085,000 | 5,479,088 | ||||||
|
|
See Notes to Financial Statements.
68
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Software 1.2% | ||||||||
Activision Blizzard, Inc., 5.625%, 09/15/21(b) | 9,310,000 | 9,321,637 | ||||||
Activision Blizzard, Inc., 6.125%, 09/15/23(b) | 5,270,000 | 5,296,350 | ||||||
First Data Corp., 6.750%, 11/01/20(b) | 5,215,000 | 5,397,525 | ||||||
|
| |||||||
20,015,512 | ||||||||
|
| |||||||
Storage/Warehousing 0.8% | ||||||||
Niska Gas Storage US LLC/Niska Gas Storage Canada ULC, 8.875%, 03/15/18 | 12,604,000 | 13,045,140 | ||||||
|
| |||||||
Telecommunication Services 11.7% |
| |||||||
Avanti Communications Group PLC, 10.000%, 10/01/19(a)(b) | 7,430,000 | 7,504,300 | ||||||
CenturyLink, Inc., 5.625%, 04/01/20 | 2,075,000 | 2,025,719 | ||||||
Consolidated Communications Finance Co., 10.875%, 06/01/20 | 2,190,000 | 2,507,550 | ||||||
EarthLink, Inc., 7.375%, 06/01/20(b) | 2,935,000 | 2,861,625 | ||||||
Hughes Satellite Systems Corp., 6.500%, 06/15/19 | 2,735,000 | 2,892,263 | ||||||
Hughes Satellite Systems Corp., 7.625%, 06/15/21 | 1,270,000 | 1,368,425 | ||||||
Intelsat Jackson Holdings SA, 5.500%, 08/01/23(b) | 1,390,000 | 1,299,650 | ||||||
Intelsat Jackson Holdings SA, 7.500%, 04/01/21 | 4,340,000 | 4,687,200 | ||||||
Level 3 Financing, Inc., 8.125%, 07/01/19 | 2,010,000 | 2,150,700 | ||||||
Level 3 Financing, Inc., 8.625%, 07/15/20 | 9,065,000 | 9,903,512 | ||||||
Level 3 Financing, Inc., 9.375%, 04/01/19 | 5,000,000 | 5,512,500 | ||||||
Lynx II Corp., 6.375%, 04/15/23(b)(h) | 3,125,000 | 3,109,375 | ||||||
MetroPCS Wireless, Inc., 6.250%, 04/01/21(b) | 7,680,000 | 7,718,400 | ||||||
MetroPCS Wireless, Inc., 6.625%, 04/01/23(b)(h) | 6,380,000 | 6,395,950 | ||||||
NII Capital Corp., 7.625%, 04/01/21(f) | 8,338,000 | 5,919,980 | ||||||
NII Capital Corp., 8.875%, 12/15/19(h) | 3,825,000 | 2,964,375 | ||||||
NII International Telecom S.A.R.L., 11.375%, 08/15/19(b) | 6,700,000 | 6,934,500 |
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
NII International Telecom SCA, 7.875%, 08/15/19(b) | 4,775,000 | 4,333,313 | ||||||
Sable International Finance Ltd., 8.750%, 02/01/20(b) | 3,515,000 | 3,848,925 | ||||||
Satmex Escrow SA de CV, 9.500%, 05/15/17 | 2,075,000 | 2,261,750 | ||||||
SBA Telecommunications, Inc., 5.750%, 07/15/20 | 5,625,000 | 5,582,812 | ||||||
Softbank Corp., 4.500%, 04/15/20(b) | 7,715,000 | 7,414,115 | ||||||
Sprint Capital Corp., 6.875%, 11/15/28(f) | 8,800,000 | 7,854,000 | ||||||
Sprint Capital Corp., 6.900%, 05/01/19(f) | 4,168,000 | 4,282,620 | ||||||
Sprint Capital Corp., 8.750%, 03/15/32(f) | 8,005,000 | 8,135,081 | ||||||
Sprint Communications, Inc., 6.000%, 11/15/22 | 1,335,000 | 1,228,200 | ||||||
Sprint Communications, Inc., 7.000%, 08/15/20(f) | 9,310,000 | 9,472,925 | ||||||
Sprint Communications, Inc., 8.375%, 08/15/17(f) | 4,000,000 | 4,520,000 | ||||||
Sprint Communications, Inc., 11.500%, 11/15/21 | 65,000 | 83,525 | ||||||
Sprint Corp., 7.875%, 09/15/23(b) | 6,965,000 | 7,104,300 | ||||||
Tw telecom holdings, Inc., 5.375%, 10/01/22 | 3,855,000 | 3,681,525 | ||||||
UPCB Finance V Ltd., 7.250%, 11/15/21(b) | 2,100,000 | 2,289,000 | ||||||
US West Capital Funding, Inc., 6.875%, 07/15/28 | 5,940,000 | 5,286,600 | ||||||
US West Communications, 7.250%, 10/15/35 | 5,485,000 | 5,383,226 | ||||||
ViaSat, Inc., 6.875%, 06/15/20 | 7,760,000 | 8,051,000 | ||||||
West Corp., 8.625%, 10/01/18 | 2,690,000 | 2,925,375 | ||||||
Wind Acquisition Finance Holdings, PIK, 12.250%, 07/15/17(b)(h) | 9,055,175 | 8,707,809 | ||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18(b) | 10,405,000 | 10,769,175 | ||||||
Wind Acquisition Finance SA, 11.750%, 07/15/17(b) | 3,985,000 | 4,234,063 | ||||||
Windstream Corp., 6.375%, 08/01/23 | 5,100,000 | 4,666,500 | ||||||
|
| |||||||
197,871,863 | ||||||||
|
|
See Notes to Financial Statements.
69
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix High Yield Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Transportation 0.9% | ||||||||
CHC Helicopter SA, 9.250%, 10/15/20(h) | 13,755,000 | 14,649,075 | ||||||
|
| |||||||
Trucking & Leasing 0.1% | ||||||||
Flexi-Van Leasing, Inc., 7.875%, 08/15/18(b) | 1,600,000 | 1,656,000 | ||||||
|
| |||||||
Total Corporate Bonds | 1,411,824,825 | |||||||
|
| |||||||
Convertible Preferred Stock 0.7% |
| |||||||
Auto Manufacturers 0.7% | ||||||||
General Motors Co., Series B, 4.750%, 12/01/13, Series B | 226,940 | 11,381,041 | ||||||
|
| |||||||
Total Convertible Preferred Stock | 11,381,041 | |||||||
|
| |||||||
U.S. Treasury Obligation 0.2% |
| |||||||
U.S. Treasury Bill 0.2% | ||||||||
0.000%, 10/17/13(i) | 3,900,000 | 3,899,953 | ||||||
|
| |||||||
Total U.S. Treasury Obligation | 3,899,953 | |||||||
|
| |||||||
Short-Term Investment 5.8% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(j) | 98,879,648 | 98,879,648 | ||||||
|
| |||||||
Total Short-Term Investment | 98,879,648 | |||||||
|
| |||||||
Money Market Fund 13.7% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(k) | 231,952,558 | 231,952,558 | ||||||
|
| |||||||
Total Money Market Fund | 231,952,558 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||
Total Investments | 1,852,633,181 | |||||
Liabilities in Excess of Other Assets — (9.3)% | (157,083,723 | ) | ||||
|
| |||||
Net Assets — 100.0% | $ | 1,695,549,458 | ||||
|
|
(a) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 43.1% of net assets as of September 30, 2013. |
(c) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(d) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(e) | Less than 0.05% of Net Assets. |
(f) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(g) | Security is perpetual in nature and has no stated maturity. |
(h) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $96,740,174. |
(i) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for centrally cleared swap contracts. |
(j) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2 (k)). |
(k) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
PIK | — | Payment in-kind | ||
ULC | — | Unlimited Liability Company |
Centrally Cleared Credit Default Swap Contracts — Buy Protection
At September 30, 2013, the Fund’s open credit default swap contracts were as follows:
Underlying Instrument | Broker (Exchange) | Notional Amount | Fixed Rate | Expiration Date | Implied Credit Spread* | Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||
CDX.NA.HY.20 | JPMorgan (CME) | $ 76,000,000 | 5.000 | % | 06/20/18 | 3.592 | % | $(4,444,539) | $(648,646) | |||||||||||||||||
CDX.NA.HY.20 | JPMorgan (CME) | 129,500,000 | 5.000 | 06/20/18 | 3.592 | 7,573,260 | 850,740 | |||||||||||||||||||
|
|
|
| |||||||||||||||||||||||
$ 3,128,721 | $ 202,094 | |||||||||||||||||||||||||
|
|
|
|
As the buyer of protection, the Fund pays periodic fees in return for payment by the seller which is contingent upon an adverse credit event occurring in the underlying issuer or reference entity.
The value column indicates the impact each respective swap contract has on the Fund’s Net Assets at September 30, 2013.
* | Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
See Notes to Financial Statements.
70
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Short-Term Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Asset-Backed Securities 11.1% |
| |||||||
Automobiles 10.4% |
| |||||||
Bank of America Auto Trust, Series 2012-1, Cl A3, 0.780%, 06/15/16 | 988,918 | 990,897 | ||||||
Ford Credit Auto Owner Trust, Series 2012-A, Cl A3, 0.840%, 08/15/16 | 1,217,523 | 1,219,584 | ||||||
Harley-Davidson Motorcycle Trust, Series 2011-2, Cl A3, 1.110%, 09/15/16(a) | 961,110 | 963,482 | ||||||
Honda Auto Receivables Owner Trust, Series 2013-2, Cl A3, 0.530%, 02/16/17 | 700,000 | 698,799 | ||||||
Hyundai Auto Receivables Trust, Series 2011-C, Cl A4, 1.300%, 02/15/18(a) | 925,000 | 934,643 | ||||||
Nissan Auto Receivables Owner Trust, Series 2010-A, Cl A4, 1.310%, 09/15/16 | 469,095 | 470,315 | ||||||
Volkswagen Auto Loan Enhanced Trust, Series 2012-1, Cl A3, 0.850%, 08/22/16 | 1,253,510 | 1,257,832 | ||||||
|
| |||||||
6,535,552 | ||||||||
|
| |||||||
Other 0.7% | ||||||||
GE Equipment Transportation LLC, Series 2011-1, Cl A3, 1.000%, 10/20/14(a) | 26,126 | 26,132 | ||||||
John Deere Owner Trust, Series 2011-A, Cl A3, 1.290%, 01/15/16 | 439,607 | 440,510 | ||||||
|
| |||||||
466,642 | ||||||||
|
| |||||||
Total Asset-Backed Securities | 7,002,194 | |||||||
|
| |||||||
Collateralized Mortgage Obligations 21.9% |
| |||||||
Agency Collateralized Mortgage Obligations 5.6% |
| |||||||
Federal National Mortgage Association | ||||||||
Series 2009-37, Cl HA, 4.000%, 04/25/19 | 946,005 | 987,964 | ||||||
Series 2011-38, Cl AH, 2.750%, 05/25/20(a) | 2,509,158 | 2,560,237 | ||||||
|
| |||||||
3,548,201 | ||||||||
|
| |||||||
Commercial Mortgage Backed Securities 16.3% |
| |||||||
Banc of America Commercial Mortgage, Inc. | ||||||||
Series 2004-1, Cl A4, 4.760%, 11/10/39(a) | 606,433 | 608,640 |
Shares or Principal Amount($) | Value($) | |||||||
Commercial Mortgage Backed Securities—continued |
| |||||||
Series 2005-2, Cl AM, 4.913%, 07/10/43(a)(b) | 1,605,000 | 1,692,453 | ||||||
|
| |||||||
2,301,093 | ||||||||
|
| |||||||
COMM 2005-C6 Mortgage Trust | ||||||||
Series 2005-C6, Cl AJ, 5.209%, 06/10/44(b) | 335,000 | 350,842 | ||||||
|
| |||||||
CS First Boston Mortgage Securities Corp. | ||||||||
Series 2004-C5, Cl A3, 4.499%, 11/15/37(a) | 1,425,035 | 1,424,858 | ||||||
Series 2005-C5, Cl AM, 5.100%, 08/15/38(a)(b) | 1,595,000 | 1,702,656 | ||||||
|
| |||||||
3,127,514 | ||||||||
|
| |||||||
GE Capital Commercial Mortgage Corp. | ||||||||
Series 2005-C3, Cl A7A, 4.974%, 07/10/45(b) | 835,000 | 883,392 | ||||||
|
| |||||||
JPMorgan Chase Commercial Mortgage Securities | ||||||||
Series 2005-LDP1, Cl A2, 4.625%, 03/15/46(a) | 253,408 | 253,630 | ||||||
|
| |||||||
JPMorgan Chase Commercial Mortgage Securities Corp. | ||||||||
Series 2005-LDP3, Cl A4A, 4.936%, 08/15/42(b) | 1,045,000 | 1,106,579 | ||||||
|
| |||||||
LB-UBS Commercial Mortgage Trust | ||||||||
Series 2004-C4, Cl A4, 5.710%, 06/15/29(a)(b) | 620,000 | 629,892 | ||||||
|
| |||||||
Wachovia Bank Commercial Mortgage Trust | ||||||||
Series 2005-C20, Cl A7, 5.118%, 07/15/42(b) | 370,000 | 391,922 | ||||||
Series 2005-C22, Cl A4, 5.465%, 12/15/44(b) | 1,175,000 | 1,256,821 | ||||||
|
| |||||||
1,648,743 | ||||||||
|
| |||||||
10,301,685 | ||||||||
|
| |||||||
Total Collateralized Mortgage Obligations | 13,849,886 | |||||||
|
| |||||||
Corporate Bonds 51.2% |
| |||||||
Auto Manufacturers 2.1% |
| |||||||
Daimler Finance North America LLC, 1.450%, 08/01/16(c) | 440,000 | 441,412 | ||||||
General Motors Co., 3.500%, 10/02/18(c) | 360,000 | 359,100 |
See Notes to Financial Statements.
71
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Short-Term Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Auto Manufacturers—continued |
| |||||||
Kia Motors Corp., 3.625%, 06/14/16(c) | 500,000 | 522,511 | ||||||
|
| |||||||
1,323,023 | ||||||||
|
| |||||||
Banks 12.2% |
| |||||||
Bank of America Corp., 3.625%, 03/17/16, MTN | 1,000,000 | 1,051,686 | ||||||
Bank of Montreal, 2.500%, 01/11/17, MTN | 705,000 | 727,203 | ||||||
Bank of Nova Scotia, 0.453%, 02/19/15(b) | 780,000 | 780,119 | ||||||
Branch Banking & Trust Co., 0.574%, 09/13/16(b) | 630,000 | 622,223 | ||||||
Capital One Financial Corp., 6.750%, 09/15/17 | 345,000 | 405,507 | ||||||
Citigroup, Inc., 6.375%, 08/12/14 | 333,000 | 349,090 | ||||||
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18 | 865,000 | 977,800 | ||||||
JPMorgan Chase & Co., 6.125%, 06/27/17 | 605,000 | 687,319 | ||||||
Morgan Stanley, 5.375%, 10/15/15 | 550,000 | 591,433 | ||||||
Toronto-Dominion Bank (The), 1.500%, 09/09/16, MTN | 445,000 | 450,719 | ||||||
Wells Fargo & Co., 1.250%, 07/20/16 | 1,060,000 | 1,060,465 | ||||||
|
| |||||||
7,703,564 | ||||||||
|
| |||||||
Beverages 0.3% |
| |||||||
SABMiller Holdings, Inc., 0.955%, 08/01/18(b)(c) | 210,000 | 211,294 | ||||||
|
| |||||||
Chemicals 0.4% |
| |||||||
Sherwin-Williams Co. (The), 3.125%, 12/15/14 | 245,000 | 252,161 | ||||||
|
| |||||||
Commercial Services 0.7% |
| |||||||
ERAC USA Finance LLC, 1.400%, 04/15/16(c) | 335,000 | 333,476 | ||||||
ERAC USA Finance LLC, 2.250%, 01/10/14(c) | 125,000 | 125,529 | ||||||
|
| |||||||
459,005 | ||||||||
|
| |||||||
Computers 0.5% |
| |||||||
Hewlett-Packard Co., 3.000%, 09/15/16 | 330,000 | 340,615 | ||||||
|
| |||||||
Distribution/Wholesale 0.6% |
| |||||||
Glencore Funding LLC, 1.422%, 05/27/16(b)(c) | 380,000 | 372,112 | ||||||
|
| |||||||
Diversified Financial Services 7.1% |
| |||||||
American Express Credit Corp., 1.300%, 07/29/16 | 550,000 | 553,294 |
Shares or Principal Amount($) | Value($) | |||||||
Diversified Financial Services—continued |
| |||||||
Caterpillar Financial Services Corp., 4.625%, 06/01/15(a) | 990,000 | 1,053,633 | ||||||
Ford Motor Credit Co. LLC, 4.207%, 04/15/16 | 320,000 | 339,121 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 | 355,000 | 388,921 | ||||||
General Electric Capital Corp., 0.959%, 04/02/18(b) | 1,250,000 | 1,257,166 | ||||||
TD AMERITRADE Holding Corp., 4.150%, 12/01/14 | 490,000 | 509,892 | ||||||
Woodside Finance Ltd., 4.500%, 11/10/14(c) | 395,000 | 408,787 | ||||||
|
| |||||||
4,510,814 | ||||||||
|
| |||||||
Electric 2.3% |
| |||||||
Constellation Energy Group, Inc., 4.550%, 06/15/15 | 340,000 | 359,373 | ||||||
Duke Energy Corp., 3.950%, 09/15/14 | 395,000 | 407,462 | ||||||
NextEra Energy Capital Holdings, Inc., 1.611%, 06/01/14 | 405,000 | 407,581 | ||||||
Nisource Finance Corp., 5.400%, 07/15/14 | 280,000 | 290,001 | ||||||
|
| |||||||
1,464,417 | ||||||||
|
| |||||||
Food 1.1% | ||||||||
ConAgra Foods, Inc., 1.900%, 01/25/18 | 285,000 | 281,271 | ||||||
Kraft Foods Group, Inc., 1.625%, 06/04/15 | 410,000 | 416,388 | ||||||
|
| |||||||
697,659 | ||||||||
|
| |||||||
Healthcare-Services 1.9% | ||||||||
Providence Health & Services-Washington, 1.048%, 10/01/16(b) | 495,000 | 493,400 | ||||||
UnitedHealth Group, Inc., 1.875%, 11/15/16 | 340,000 | 347,905 | ||||||
WellPoint, Inc., 5.000%, 12/15/14 | 330,000 | 346,619 | ||||||
|
| |||||||
1,187,924 | ||||||||
|
| |||||||
Holding Companies-Diversified 0.7% |
| |||||||
EnCana Holdings Finance Corp., 5.800%, 05/01/14 | 395,000 | 406,460 | ||||||
|
| |||||||
Housewares 0.3% | ||||||||
Newell Rubbermaid, Inc., 2.050%, 12/01/17(a) | 210,000 | 207,681 | ||||||
|
| |||||||
Insurance 4.5% | ||||||||
Allstate Corp. (The), 5.000%, 08/15/14 | 785,000 | 815,393 | ||||||
MetLife, Inc., 6.750%, 06/01/16 | 880,000 | 1,008,424 |
See Notes to Financial Statements.
72
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Short-Term Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Insurance—continued |
| |||||||
Prudential Covered Trust 2012-1, 2.997%, 09/30/15(c) | 952,000 | 981,860 | ||||||
|
| |||||||
2,805,677 | ||||||||
|
| |||||||
Media 2.9% | ||||||||
CBS Corp., 4.625%, 05/15/18 | 380,000 | 416,042 | ||||||
Comcast Corp., 5.900%, 03/15/16 | 510,000 | 570,015 | ||||||
DIRECTV Holdings LLC/DIRECTV Financing Co., Inc., 4.750%, 10/01/14 | 500,000 | 519,652 | ||||||
Viacom, Inc., 1.250%, 02/27/15 | 345,000 | 345,934 | ||||||
|
| |||||||
1,851,643 | ||||||||
|
| |||||||
Mining 2.4% | ||||||||
Freeport-McMoRan Copper & Gold, Inc., 2.375%, 03/15/18(c) | 430,000 | 415,571 | ||||||
Rio Tinto Finance USA Ltd., 8.950%, 05/01/14 | 1,030,000 | 1,079,635 | ||||||
|
| |||||||
1,495,206 | ||||||||
|
| |||||||
Oil & Gas 1.8% | ||||||||
Devon Energy Corp., 1.875%, 05/15/17 | 390,000 | 390,868 | ||||||
Petrohawk Energy Corp., 7.250%, 08/15/18 | 695,000 | 754,075 | ||||||
|
| |||||||
1,144,943 | ||||||||
|
| |||||||
Pharmaceuticals 1.9% | ||||||||
McKesson Corp., 0.950%, 12/04/15 | 305,000 | 305,296 | ||||||
Merck & Co., Inc., 0.700%, 05/18/16 | 920,000 | 918,952 | ||||||
|
| |||||||
1,224,248 | ||||||||
|
| |||||||
Pipelines 2.8% | ||||||||
Enbridge, Inc., 0.898%, 10/01/16(b)(d) | 110,000 | 110,098 | ||||||
Energy Transfer Partners LP, 5.950%, 02/01/15 | 325,000 | 345,515 | ||||||
Kinder Morgan Energy Partners LP, 5.125%, 11/15/14 | 310,000 | 324,785 | ||||||
Spectra Energy Capital LLC, 5.500%, 03/01/14 | 345,000 | 351,444 | ||||||
Sunoco Logistics Partners Operations LP, 8.750%, 02/15/14 | 340,000 | 349,355 | ||||||
Williams Partners LP, 3.800%, 02/15/15 | 260,000 | 269,874 | ||||||
|
| |||||||
1,751,071 | ||||||||
|
| |||||||
Software 0.3% | ||||||||
Fiserv, Inc., 3.125%, 10/01/15 | 180,000 | 186,647 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services 3.7% |
| |||||||
American Tower Corp., 4.500%, 01/15/18 | 280,000 | 295,718 | ||||||
AT&T, Inc., 1.400%, 12/01/17 | 1,230,000 | 1,200,684 | ||||||
Cellco Partnership/Verizon Wireless Capital LLC, 5.550%, 02/01/14 | 665,000 | 675,373 | ||||||
Verizon Communications, Inc., 2.500%, 09/15/16 | 160,000 | 164,910 | ||||||
|
| |||||||
2,336,685 | ||||||||
|
| |||||||
Transportation 0.7% | ||||||||
Burlington Northern Santa Fe LLC, 7.000%, 02/01/14 | 420,000 | 428,536 | ||||||
|
| |||||||
Total Corporate Bonds | 32,361,385 | |||||||
|
| |||||||
Municipal Bond 1.1% | ||||||||
South Carolina 1.1% | ||||||||
South Carolina State Public Service Authority, Series D, RB, 1.283%, 06/01/16(b) | 725,000 | 726,929 | ||||||
|
| |||||||
Total Municipal Bond | 726,929 | |||||||
|
| |||||||
U.S. Government Agency Mortgages 11.2% |
| |||||||
Federal National Mortgage Association | ||||||||
Pool #725877, 5.250%, 09/01/14 | 287,998 | 291,273 | ||||||
Pool #466598, 2.180%, 11/01/15(a) | 2,055,000 | 2,106,244 | ||||||
Pool #462085, 5.315%, 11/01/15 | 1,639,059 | 1,757,061 | ||||||
Pool #745935, 5.681%, 08/01/16 | 325,004 | 357,021 | ||||||
Pool #745889, 5.970%, 08/01/16(a) | 2,291,486 | 2,562,321 | ||||||
|
| |||||||
Total U.S. Government Agency Mortgages | 7,073,920 | |||||||
|
| |||||||
U.S. Treasury Obligation 2.3% |
| |||||||
U.S. Treasury Note (2.3%) | ||||||||
0.875%, 12/31/16 | 1,430,000 | 1,434,916 | ||||||
|
| |||||||
Total U.S. Treasury Obligation (Cost $1,422,575) | 1,434,916 | |||||||
|
|
See Notes to Financial Statements.
73
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Short-Term Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 1.1% |
| |||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00%(e) | 689,538 | 689,538 | ||||||
|
| |||||||
Total Money Market Fund | 689,538 | |||||||
|
| |||||||
Total Investments | 63,138,768 | |||||||
Other Assets in Excess of Liabilities — 0.1% | 46,333 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 63,185,101 | ||||||
|
|
(a) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(b) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(c) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 6.6% of net assets as of September 30, 2013. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MTN | — | Medium Term Note | ||
RB | — | Revenue Bond |
See Notes to Financial Statements.
74
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Short-Term Municipal Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Municipal Bonds 93.6% | ||||||||
Arkansas 5.7% | ||||||||
Arkansas State, GO, 5.000%, 06/15/21(a) | 1,000,000 | 1,195,880 | ||||||
|
| |||||||
California 5.6% | ||||||||
Irvine, Series A, 0.040%, 09/02/29(b) | 600,000 | 600,000 | ||||||
University of California, RB, 5.000%, 05/15/48(b) | 500,000 | 583,935 | ||||||
|
| |||||||
1,183,935 | ||||||||
|
| |||||||
Florida 5.8% | ||||||||
Martin County Consolidated Utilities System Revenue, RB, 5.000%, 10/01/28, Pre-refunded | 500,000 | 500,065 | ||||||
Miami-Dade County, Series B, AMT, RB, 5.000%, 10/01/19 | 655,000 | 722,026 | ||||||
|
| |||||||
1,222,091 | ||||||||
|
| |||||||
Hawaii 2.0% | ||||||||
Hawaii State, GO, 5.000%, 05/01/15 | 400,000 | 429,484 | ||||||
|
| |||||||
Illinois 5.0% | ||||||||
Illinois Finance Authority, RB, 5.250%, 11/01/32, Pre-refunded | 1,000,000 | 1,052,840 | ||||||
|
| |||||||
Maryland 2.7% | ||||||||
Maryland State Transportation Authority, Transportation Facilities Project, RB, 5.000%, 07/01/23(c) | 500,000 | 563,395 | ||||||
|
| |||||||
Michigan 3.5% | ||||||||
University of Michigan, Series A, RB, 0.040%, 04/01/38(b) | 750,000 | 750,000 | ||||||
|
| |||||||
Mississippi 4.0% | ||||||||
Mississippi Development Bank, RB, 5.000%, 11/01/20, Pre-refunded | 815,000 | 856,255 | ||||||
|
| |||||||
Missouri 2.6% | ||||||||
Missouri Highway & Transportation Commission, RB, 5.000%, 05/01/16 | 500,000 | 556,690 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
New Hampshire 3.9% | ||||||||
New Hampshire State, Series B, GO, 5.000%, 02/01/18 | 720,000 | 835,517 | ||||||
|
| |||||||
New Jersey 9.6% | ||||||||
New Jersey Economic Development Authority, Series O, RB, 5.250%, 03/01/25, Pre-refunded | 1,500,000 | 1,605,240 | ||||||
New Jersey Higher Education Student Assistance Authority, AMT, RB, 4.000%, 12/01/17 | 400,000 | 426,300 | ||||||
|
| |||||||
2,031,540 | ||||||||
|
| |||||||
New Mexico 2.1% | ||||||||
New Mexico, Series A, RB, 4.000%, 07/01/20 | 400,000 | 436,000 | ||||||
|
| |||||||
New York 4.4% | ||||||||
New York State Dormitory Authority, Series A, RB, 5.000%, 03/15/15 | 400,000 | 427,724 | ||||||
New York State Urban Development Corp., Series A, RB, 5.000%, 03/15/14 | 490,000 | 500,927 | ||||||
|
| |||||||
928,651 | ||||||||
|
| |||||||
Ohio 4.6% | ||||||||
Columbus, Series A, GO, 3.000%, 02/15/14(c) | 450,000 | 454,783 | ||||||
Ohio State Water Development Authority, RB, 4.750%, 12/01/22, Pre-refunded | 500,000 | 515,180 | ||||||
|
| |||||||
969,963 | ||||||||
|
| |||||||
Oklahoma 2.0% | ||||||||
Oklahoma City, GO, 4.000%, 03/01/15 | 400,000 | 421,184 | ||||||
|
| |||||||
Oregon 2.4% | ||||||||
Pennsylvania Turnpike Commission, Series B, RB, 1.220%, 12/01/19(b) | 500,000 | 499,610 | ||||||
|
| |||||||
Pennsylvania 4.5% | ||||||||
Pennsylvania State University, Series B, RB, 5.250%, 08/15/18 | 815,000 | 958,921 | ||||||
|
| |||||||
Tennessee 1.9% | ||||||||
Hamilton County, Series A, GO, 4.000%, 01/01/14(c) | 400,000 | 403,880 | ||||||
|
|
See Notes to Financial Statements.
75
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Short-Term Municipal Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Texas 9.5% | ||||||||
Grand Parkway Transportation Corp., Series C, RB, 2.000%, 10/01/17(b) | 1,250,000 | 1,257,012 | ||||||
Texas State, RB, 2.000%, 08/28/14 | 750,000 | 762,352 | ||||||
|
| |||||||
2,019,364 | ||||||||
|
| |||||||
Utah 2.7% | ||||||||
Alpine School District, GO, 5.000%, 03/15/18(a) | 500,000 | 580,770 | ||||||
|
| |||||||
Virginia 4.1% | ||||||||
Commonwealth of Virginia, Series B, GO, 5.000%, 06/01/19 | 500,000 | 592,980 | ||||||
Fairfax County, Series A, GO, 5.000%, 04/01/16, Pre-refunded | 265,000 | 271,424 | ||||||
|
| |||||||
864,404 | ||||||||
|
| |||||||
West Virginia 5.0% | ||||||||
West Virginia State, 5.000%, 11/01/14, NATL-RE | 1,000,000 | 1,051,900 | ||||||
|
| |||||||
Total Municipal Bonds |
| 19,812,274 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 14.3% | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.01%(d) | 3,011,890 | 3,011,890 | ||||||
|
| |||||||
Total Money Market Fund |
| 3,011,890 | ||||||
|
| |||||||
Total Investments (Cost $22,727,362) — 107.9% |
| 22,824,164 | ||||||
Liabilities in Excess of Other Assets — (7.9)% | (1,662,278 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 21,161,886 | ||||||
|
|
(a) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(b) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(c) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(d) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
AMBAC | — | Security guaranteed by American Municipal Bond Assurance Corporation | ||
AMT | — | Income subject to Alternative Minimum Tax | ||
GO | — | General Obligation | ||
NATL-RE | — | Reinsurance provided by National Public Finance Guarantee Corporation | ||
RB | — | Revenue Bond |
See Notes to Financial Statements.
76
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Short-Term U.S. Treasury Securities Fund
Shares or Principal Amount($) | Value($) | |||||||
U.S. Treasury Obligations 97.9% | ||||||||
U.S. Treasury Notes 97.9% | ||||||||
0.500%, 10/15/13 | 70,000 | 70,011 | ||||||
2.000%, 11/30/13 | 770,000 | 772,466 | ||||||
0.750%, 12/15/13 | 520,000 | 520,751 | ||||||
0.375%, 11/15/14 | 1,000,000 | 1,002,539 | ||||||
2.375%, 02/28/15 | 720,000 | 741,994 | ||||||
2.500%, 04/30/15 | 3,205,000 | 3,319,053 | ||||||
1.750%, 07/31/15 | 1,795,000 | 1,842,469 | ||||||
0.625%, 08/15/16 | 420,000 | 420,263 | ||||||
0.750%, 06/30/17 | 1,425,000 | 1,413,533 | ||||||
|
| |||||||
Total U.S. Treasury Obligations |
| 10,103,079 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 1.2% | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(a) | 122,886 | 122,886 | ||||||
|
| |||||||
Total Money Market Fund |
| 122,886 | ||||||
|
| |||||||
Total Investments (Cost $10,168,783) — 99.1% |
| 10,225,965 | ||||||
Other Assets in Excess of Liabilities — 0.9% | 92,913 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 10,318,878 | ||||||
|
|
(a) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
See Notes to Financial Statements.
77
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Asset-Backed Securities 1.8% | ||||||||
Credit Card 0.2% | ||||||||
Capital One Multi-Asset Execution Trust, Series 2006-B1, Cl B1, 0.462%, 01/15/19(a) | 2,624,000 | 2,587,991 | ||||||
|
| |||||||
Home Equity 0.4% | ||||||||
Ameriquest Mortgage Securities, Inc., Series 2005-R5, Cl M1, 0.609%, 07/25/35(a) | 4,743,812 | 4,660,226 | ||||||
|
| |||||||
Manufactured Housing 0.4% | ||||||||
Newcastle Investment Trust, Series 2010-MH1, Cl M1, 6.000%, 07/10/35(b) | 4,660,000 | 4,839,736 | ||||||
|
| |||||||
Other 0.8% | ||||||||
Domino’s Pizza Master Issuer LLC, Series 2012-1A, Cl A2, 5.216%, 01/25/42(b) | 7,057,550 | 7,578,884 | ||||||
Nationstar Agency Advance Funding Trust, Series 2013-T2A, Cl AT2, 1.892%, 02/18/48(b) | 2,085,000 | 2,024,702 | ||||||
|
| |||||||
9,603,586 | ||||||||
|
| |||||||
Total Asset-Backed Securities | 21,691,539 | |||||||
|
| |||||||
Collateralized Mortgage Obligations 6.4% |
| |||||||
Agency Collateralized Mortgage Obligations 3.8% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3768, Cl CB, 3.500%, 12/15/25 | 2,366,874 | 2,405,454 | ||||||
Series 3774, Cl EW, 3.500%, 12/15/25 | 2,443,855 | 2,494,905 | ||||||
Series 3800, Cl CB, 3.500%, 02/15/26 | 2,820,000 | 2,872,345 | ||||||
Series 3806, Cl L, 3.500%, 02/15/26 | 8,118,442 | 8,161,388 | ||||||
Series 3816, Cl HA, 3.500%, 11/15/25 | 781,551 | 800,493 | ||||||
Series 3829, Cl BE, 3.500%, 03/15/26 | 3,634,000 | 3,711,368 | ||||||
Series 3877, Cl LM, 3.500%, 06/15/26 | 1,412,000 | 1,437,772 | ||||||
Series 3909, Cl UB, REMIC, 3.500%, 08/15/26 | 3,156,000 | 3,250,282 | ||||||
Series 3942, Cl KB, 3.000%, 10/15/26 | 4,411,556 | 4,265,242 |
Shares or Principal Amount($) | Value($) | |||||||
Agency Collateralized Mortgage Obligations—continued |
| |||||||
Series 3950, Cl YB, 3.000%, 11/15/26 | 1,418,603 | 1,358,222 | ||||||
Series 3978, Cl B, 3.000%, 12/15/26 | 4,636,000 | 4,364,525 | ||||||
Series 4034, Cl B, 3.500%, 04/15/27 | 1,653,521 | 1,631,900 | ||||||
Series 4065, Cl CL, 3.000%, 06/15/27 | 1,902,575 | 1,765,470 | ||||||
Series 4077, Cl B, 3.000%, 07/15/27 | 1,718,283 | 1,595,450 | ||||||
|
| |||||||
40,114,816 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2011-124, Cl BC, 3.500%, 12/25/21 | 2,183,370 | 2,275,165 | ||||||
Series 2012-17, Cl BC, 3.500%, 03/25/27 | 4,687,240 | 4,748,924 | ||||||
|
| |||||||
7,024,089 | ||||||||
|
| |||||||
47,138,905 | ||||||||
|
| |||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 0.4% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3959, Cl PB, 3.000%, 11/15/26 | 4,683,638 | 4,555,952 | ||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2011-89, Cl BT, 3.500%, 09/25/26 | 600,000 | 595,727 | ||||||
|
| |||||||
5,151,679 | ||||||||
|
| |||||||
Commercial Mortgage Backed Securities 2.2% |
| |||||||
Extended Stay America Trust | ||||||||
Series 2013-ESH5, Cl B5, 2.278%, 12/05/31(b) | 2,940,000 | 2,893,604 | ||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2012-M4, Cl 1A2, 2.976%, 04/25/22(a) | 1,663,000 | 1,644,019 | ||||||
|
| |||||||
GS Mortgage Securities Corp. II | ||||||||
Series 2005-ROCK, Cl A, 5.366%, 05/03/32(b) | 275,890 | 312,737 | ||||||
Series 2012-ALOH, Cl A, 3.551%, 04/10/34(b) | 5,795,000 | 5,738,626 | ||||||
Series 2012-BWTR, Cl B, 3.255%, 11/05/34(b) | 2,890,000 | 2,686,252 | ||||||
|
| |||||||
8,737,615 | ||||||||
|
|
See Notes to Financial Statements.
78
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Commercial Mortgage Backed Securities—continued |
| |||||||
JPMorgan Chase Commercial Mortgage Securities Corp. | ||||||||
Series 2005-LDP3, Cl A4B, 4.996%, 08/15/42(a) | 1,796,000 | 1,888,571 | ||||||
Series 2010-C2, Cl C, 5.710%, 11/15/43(a)(b) | 2,247,000 | 2,423,751 | ||||||
|
| |||||||
4,312,322 | ||||||||
|
| |||||||
LB-UBS Commercial Mortgage Trust | ||||||||
Series 2005-C3, Cl AM, 4.794%, 07/15/40 | 2,100,000 | 2,199,889 | ||||||
|
| |||||||
Merrill Lynch Mortgage Trust | ||||||||
Series 2005-LC1, Cl AM, 5.489%, 01/12/44(a) | 391,000 | 418,367 | ||||||
|
| |||||||
OBP Depositor LLC Trust | ||||||||
Series 2010-OBP, Cl A, 4.646%, 07/15/45(b) | 4,150,000 | 4,543,598 | ||||||
|
| |||||||
WFRBS Commercial Mortgage Trust | ||||||||
Series 2011-C2, Cl B, 5.174%, 02/15/44(a)(b) | 1,873,000 | 2,021,111 | ||||||
|
| |||||||
26,770,525 | ||||||||
|
| |||||||
Total Collateralized Mortgage Obligations | 79,061,109 | |||||||
|
| |||||||
Bank Loans 10.6% | ||||||||
Aerospace/Defense 0.3% | ||||||||
Air Canada, | 555,000 | 553,612 | ||||||
AM General LLC, Term | 302,250 | 276,937 | ||||||
Atlantic Aviation FBO, Inc., Term Loan B, 3.250%, 06/01/20(a)(b) | 79,800 | 79,326 | ||||||
AWAS Finance Luxembourg 2012 S.A., New Term Loan, 3.500%, 07/16/18(a)(b) | 90,356 | 90,356 | ||||||
DAE Aviation Holdings, Inc., Term Loan B, 6.250%, 10/29/18(a)(b) | 132,833 | 133,331 | ||||||
DAE Aviation Holdings, Inc., New Term Loan B2, 6.250%, 11/02/18(a)(b) | 60,217 | 60,443 | ||||||
DigitalGlobe, Inc., New Term Loan B, 3.750%, 01/31/20(a)(b) | 323,375 | 323,239 | ||||||
Flying Fortress, Inc., New Term Loan, 3.500%, 06/30/17(a)(b) | 190,000 | 189,605 |
Shares or Principal Amount($) | Value($) | |||||||
Aerospace/Defense—continued |
| |||||||
Silver II US Holdings LLC, Term Loan, 4.000%, 12/13/19(a)(b) | 143,913 | 142,473 | ||||||
Six3 Systems, Inc., Term Loan B, 7.000%, 10/04/19(a)(b) | 143,913 | 146,071 | ||||||
TASC, Inc., New Term Loan B, 4.500%, 12/18/15(a)(b) | 498,724 | 488,540 | ||||||
Transdigm, Inc., Term Loan C, 3.750%, 02/28/20(a)(b) | 452,809 | 450,473 | ||||||
WESCO Distribution, Inc., Term Loan B, 4.500%-5.750%, 12/12/19(a)(b) | 112,495 | 112,720 | ||||||
WP CPP Holdings LLC, 1st Lien Term Loan, 4.750%, 12/27/19(a)(b) | 173,688 | 174,122 | ||||||
|
| |||||||
3,221,248 | ||||||||
|
| |||||||
Auto Manufacturers 0.1% | ||||||||
Chrysler Group LLC, New Term Loan B, | 790,244 | 794,985 | ||||||
Keystone Automotive Operations, Inc., 1st Lien Term Loan, 7.000%, 08/15/19(a)(b) | 120,000 | 120,450 | ||||||
Tower Automotive Holdings USA LLC, Term Loan B, 4.750%, 04/23/20(a)(b) | 134,662 | 134,662 | ||||||
Wabash National Corp., Term Loan B, 4.500%, 05/02/19(a)(b) | 110,770 | 110,702 | ||||||
|
| |||||||
1,160,799 | ||||||||
|
| |||||||
Auto Parts & Equipment 0.1% | ||||||||
Allison Transmission, Inc., Term Loan B2, 3.190%, 08/07/17(a)(b) | 394,519 | 394,354 | ||||||
Tomkins LLC, Term Loan B2, 3.750%, 09/29/16(a)(b) | 492,405 | 492,715 | ||||||
|
| |||||||
887,069 | ||||||||
|
| |||||||
Banks 0.1% | ||||||||
Istar Financial, Inc., Term Loan, 4.500%, 10/16/17(a)(b) | 1,621,893 | 1,623,109 | ||||||
|
| |||||||
Building Materials 0.0%(e) |
| |||||||
Allegion PLC, Term Loan B, 09/30/20(b)(c)(d) | 125,000 | 125,104 |
See Notes to Financial Statements.
79
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Building Materials—continued |
| |||||||
CPG International, Inc., New Term Loan, 09/30/20(b)(c)(d) | 160,000 | 159,200 | ||||||
Quikrete Companies, Inc. (The), 1st Lien Term Loan, 09/25/20(b)(c)(d) | 200,000 | 199,822 | ||||||
|
| |||||||
484,126 | ||||||||
|
| |||||||
Chemicals 0.2% | ||||||||
Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 4.750%, 02/03/20(a)(b) | 198,813 | 199,372 | ||||||
Eagle Spinco, Inc., Term | 64,320 | 64,641 | ||||||
Huntsman International LLC, Extended Term Loan B, 2.679%-2.718%, 04/19/17(a)(b) | 624,949 | 624,562 | ||||||
Ineos US Finance LLC, 6 Year Term Loan, 4.000%, 05/04/18(a)(b) | 1,331,056 | 1,315,163 | ||||||
MacDermid, Inc., 1st Lien Term Loan, 4.000%, 06/08/20(a)(b) | 99,750 | 99,251 | ||||||
Nexeo Solutions LLC, Term Loan B, 5.000%, 09/08/17(a)(b) | 181,848 | 177,756 | ||||||
OXEA Finance LLC, USD Term Loan B2, 4.250%, 01/15/20(a)(b) | 70,000 | 69,300 | ||||||
PQ Corp., Term Loan, 4.500%, 08/07/17(a)(b) | 94,288 | 94,523 | ||||||
Taminco NV, USD Term | 98,506 | 98,834 | ||||||
Tata Chemicals North America, Inc., Term Loan B, 3.750%, 08/07/20(a)(b) | 69,825 | 69,563 | ||||||
Utex Industries, Inc., 1st Lien Term Loan, 4.750%, 04/10/20(a)(b) | 54,863 | 54,725 | ||||||
WNA Holdings, Inc., USD 1st Lien Term Loan, | 47,401 | 47,313 | ||||||
|
| |||||||
2,915,003 | ||||||||
|
| |||||||
Commercial Services 0.5% |
| |||||||
ABC Supply Co., Inc., | 840,000 | 832,860 |
Shares or Principal Amount($) | Value($) | |||||||
Commercial Services—continued |
| |||||||
ADS Waste Holdings, Inc., New Term Loan B, 4.250%, 10/09/19(a)(b) | 436,700 | 436,224 | ||||||
Dematic S.A., USD Term Loan, 5.250%, 12/27/19(a)(b) | 193,538 | 194,182 | ||||||
Freeport-McMoran Copper & Gold, Inc., Term Loan A, 1.680%, 02/12/18(a)(b) | 2,070,000 | 2,058,367 | ||||||
Harland Clarke Holdings Corp., Extended Term | 643,046 | 633,671 | ||||||
Hertz Corp. (The), Term | 492,475 | 491,313 | ||||||
Hertz Corp. (The), Add-On Term Loan B, 3.750%, 03/12/18(a)(b) | 129,025 | 129,213 | ||||||
Infor (US), Inc., USD Term Loan B2, 5.250%, 04/05/20(a)(b) | 265,643 | 266,750 | ||||||
Infor (US), Inc., USD Term Loan B3, 3.750%, 06/03/20(a)(b) | 118,347 | 117,113 | ||||||
Merrill Communications, LLC, 1st Lien Term Loan, 7.250%-8.500%, 03/08/18(a)(b) | 258,700 | 259,670 | ||||||
Moneygram International, Inc., New Term Loan B, 4.250%, 03/27/20(a)(b) | 79,600 | 79,500 | ||||||
Springer Science & Business Media Deutschland GmbH, USD Term Loan B2, 5.000%, 07/31/20(a)(b) | 170,000 | 168,725 | ||||||
Walter Energy, Inc., Term Loan B, 6.750%, 04/02/18(a)(b) | 366,864 | 351,665 | ||||||
|
| |||||||
6,019,253 | ||||||||
|
| |||||||
Consumer Discretionary 0.1% |
| |||||||
Collective Brands Finance, Inc., Term Loan, 7.250%, 10/09/19(a)(b) | 88,878 | 88,433 | ||||||
Jarden Corp., Add-On Term Loan B1, 09/30/20(b)(c)(d) | 235,000 | 234,591 | ||||||
Revlon Consumer Products Corp., Acquisition Term Loan, 08/19/19(b)(c)(d) | 490,000 | 489,084 | ||||||
Spectrum Brands, Inc., Term Loan A, 3.000%, 09/07/17(a)(b) | 290,000 | 289,696 |
See Notes to Financial Statements.
80
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Consumer Discretionary—continued |
| |||||||
Spectrum Brands, Inc., Term Loan C, 3.500%, 08/13/19(a)(b) | 65,000 | 64,919 | ||||||
Sun Products Corp. (The), New Term Loan, 5.500%, 03/23/20(a)(b) | 149,250 | 144,996 | ||||||
|
| |||||||
1,311,719 | ||||||||
|
| |||||||
Consumer Staples 0.1% | ||||||||
Serta Simmons Holdings LLC, Term Loan, 5.000%, 10/01/19(a)(b) | 585,458 | 585,979 | ||||||
|
| |||||||
Diversified Financial Services 0.6% |
| |||||||
Acosta, Inc., Term Loan D, 5.000%, 03/02/18(a)(b) | 54,863 | 54,835 | ||||||
Affinion Group, Inc., Term Loan B, 6.500%, 10/10/16(a)(b) | 547,218 | 530,495 | ||||||
American Capital Holdings, Inc., New Term Loan, 4.000%, 08/22/16(a)(b) | 157,500 | 157,828 | ||||||
Ceridian Corp., New Term Loan B, 4.429%, 05/09/17(a)(b)(c) | 150,000 | 149,907 | ||||||
Clipper Acquisitions Corp., Term Loan B, | 143,913 | 144,272 | ||||||
Duff & Phelps Investment Management Co., Term Loan B, 4.500%, 04/23/20(a)(b) | 69,825 | 70,000 | ||||||
First Data Corp., New 2017 Term Loan, | 360,000 | 356,249 | ||||||
First Data Corp., Extended 2018 Term Loan B, 4.180%, 03/23/18(a)(b)(c) | 1,090,000 | 1,078,282 | ||||||
First Data Corp., 2018 Term Loan, 4.180%, 09/24/18(a)(b)(c) | 600,000 | 593,550 | ||||||
Getty Images, Inc., Term | 84,363 | 75,483 | ||||||
Guggenheim Partners LLC, Term Loan, 4.000%, 07/17/20(a)(b) | 70,000 | 70,087 | ||||||
Interactive Data Corp., New Term Loan B, 3.750%, 02/11/18(a)(b) | 394,127 | 391,912 |
Shares or Principal Amount($) | Value($) | |||||||
Diversified Financial Services—continued |
| |||||||
Minimax GmbH & Co. KG, USD Term Loan B, 08/07/20(b)(c)(d) | 85,000 | 85,054 | ||||||
MIP Delaware LLC, Term Loan, | 73,771 | 74,001 | ||||||
Nuveen Investments, Inc., New Term Loan, 4.179%, 05/15/17(a)(b) | 140,000 | 138,207 | ||||||
Peabody Energy Corp., Term Loan B, 09/30/20(b)(c)(d) | 365,000 | 360,817 | ||||||
Pre-Paid Legal Services, Inc., 1st Lien Term Loan, 6.250%, 06/07/19(a)(b) | 137,984 | 137,064 | ||||||
Springleaf Financial Funding Co., Term Loan B2, 09/25/19(b)(d) | 1,100,000 | 1,099,538 | ||||||
Springleaf Financial Funding Co., Term Loan, 5.500%, 05/10/17(a)(b)(c) | 194,333 | 194,374 | ||||||
SunGard Data Systems, Inc., Term Loan E, | 792,272 | 793,595 | ||||||
Triple Point Technology, Inc., 1st Lien Term Loan, 5.250%, 07/10/20(a)(b) | 90,000 | 87,300 | ||||||
USIC Holdings, Inc., 1st Lien Term Loan, | 119,700 | 119,288 | ||||||
|
| |||||||
6,762,138 | ||||||||
|
| |||||||
Electric 0.2% | ||||||||
Calpine Corp., Term Loan B1, 4.000%, 04/02/18(a)(b) | 570,757 | 570,809 | ||||||
Calpine Corp., Term Loan B3, 4.000%, 10/09/19(a)(b) | 501,531 | 501,155 | ||||||
Constellation Brands, Inc., New Term Loan, 2.750%, 06/05/20(a)(b) | 319,200 | 317,045 | ||||||
NRG Energy, Inc., Refinance Term Loan B, | 516,776 | 512,942 | ||||||
|
| |||||||
1,901,951 | ||||||||
|
| |||||||
Electronics 0.2% | ||||||||
Allflex Holdings III, Inc., New 1st Lien Term Loan, 4.250%, 07/17/20(a)(b) | 85,000 | 85,160 | ||||||
Blackboard, Inc., Term | 160,305 | 160,906 |
See Notes to Financial Statements.
81
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Electronics—continued |
| |||||||
BMC Software Finance, Inc., USD Term Loan, 5.000%, 08/07/20(a)(b) | 590,000 | 589,705 | ||||||
Dell, Inc., USD Term Loan B, 04/30/20(b)(c)(d) | 700,000 | 687,092 | ||||||
Eastman Kodak Co., Exit Term Loan, 7.250%, 07/31/19(a)(b) | 209,475 | 207,380 | ||||||
Freescale Semiconductor, Inc., Term Loan B5, 5.000%, 01/15/21(a)(b) | 165,000 | 165,051 | ||||||
MEI Conlux Holdings (US), Inc., Term Loan B, 5.000%, 08/21/20(a)(b) | 165,000 | 164,931 | ||||||
StoneRiver Holdings, Inc., 1st Lien Term Loan, 4.500%, 11/29/19(a)(b) | 104,738 | 103,952 | ||||||
SurveyMonkey.com, LLC, Term Loan B, | 119,400 | 119,698 | ||||||
Vantiv LLC, New Term Loan A, 1.929%, 05/15/18(a)(b) | 301,188 | 300,284 | ||||||
|
| |||||||
2,584,159 | ||||||||
|
| |||||||
Energy 0.2% | ||||||||
Chesapeake Energy Corp., New Unsecured Term Loan, 5.750%, 12/01/17(a)(b)(c) | 1,545,000 | 1,570,585 | ||||||
HGIM Corp., Term Loan B, 5.500%, 06/18/20(a)(b) | 460,000 | 460,000 | ||||||
Pacific Drilling S.A., Term Loan B, | 179,550 | 180,134 | ||||||
Philadelphia Energy Solutions LLC, Term Loan B, 6.250%, 04/04/18(a)(b) | 224,199 | 196,174 | ||||||
Progressive Waste Solutions Ltd., Term Loan B, 3.500%, 10/24/19(a)(b) | 49,625 | 49,542 | ||||||
|
| |||||||
2,456,435 | ||||||||
|
| |||||||
Entertainment 0.2% | ||||||||
Altice Financing SA, Delayed Draw Term Loan, | 655,000 | 642,444 | ||||||
Cedar Fair, L.P., New Term Loan B, 3.250%, 03/06/20(a)(b) | 134,325 | 134,283 | ||||||
Cinemark USA, Inc., New Term Loan, | 148,875 | 149,170 |
Shares or Principal Amount($) | Value($) | |||||||
Entertainment—continued | ||||||||
ClubCorp Club Operations, Inc., New Term Loan, 4.000%, 07/24/20(a)(b) | 70,000 | 70,088 | ||||||
CTI Foods Holding Co. LLC, New 1st Lien Term Loan, 4.500%, 06/29/20(a)(b) | 145,000 | 143,188 | ||||||
Delta 2 (LUX) S.A.R.L., USD Term Loan B, 4.500%, 04/30/19(a)(b) | 156,919 | 157,410 | ||||||
Great Wolf Resorts, Inc., Term Loan B, 4.500%, 08/06/20(a)(b) | 154,613 | 153,744 | ||||||
Kasima LLC, New Term | 215,000 | 212,985 | ||||||
Live Nation Entertainment, Inc., 2020 Term Loan B1, 3.500%, 08/16/20(a)(b) | 330,000 | 327,937 | ||||||
Oceania Cruises, Inc., New Term Loan B, 6.750%, 06/29/20(a)(b) | 345,000 | 347,011 | ||||||
Regent Seven Seas Cruises, Inc., Refinance Term | 90,000 | 90,450 | ||||||
|
| |||||||
2,428,710 | ||||||||
|
| |||||||
Food 0.8% | ||||||||
Aramark Corp., Extended Synthetic Letter of Credit 2, 07/26/16(b)(c)(d) | 15,000 | 15,008 | ||||||
Aramark Corp., Non-Extended Synthetic Letter of Credit 1, | 39,441 | 39,305 | ||||||
Aramark Corp., Extended Term Loan C, | 460,559 | 460,803 | ||||||
Aramark Corp., USD Term Loan D, | 175,000 | 175,054 | ||||||
Bally Technologies, Inc., Term Loan B, 08/31/20(b)(c)(d) | 215,000 | 214,665 | ||||||
Blue Buffalo Co., Ltd., Term Loan B2, 4.750%, 08/08/19(a)(b) | 163,353 | 164,238 | ||||||
Burger King Corp., New Term Loan B, 3.750%, 09/27/19(a)(b) | 79,200 | 79,115 | ||||||
Del Monte Foods Co., Term Loan, | 101,828 | 101,344 |
See Notes to Financial Statements.
82
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Food—continued |
| |||||||
Dunkin’ Brands, Inc., Term | 498,641 | 497,135 | ||||||
Hilton Worldwide Finance LLC, USD Term Loan B2, 09/23/20(b)(c)(d) | 3,475,000 | 3,468,676 | ||||||
HJ Heinz Co., Term Loan B1, 3.250%, 06/07/19(a)(b) | 847,875 | 847,290 | ||||||
HJ Heinz Co., Term Loan B2, 3.500%, 06/05/20(a)(b) | 1,281,788 | 1,284,556 | ||||||
ISS Holdings A/S, USD Term Loan B12, 3.750%, 04/30/18(a)(b) | 144,638 | 144,611 | ||||||
JBS USA Holdings, Inc., Incremental Term Loan, 3.750%, 09/18/20(a)(b) | 205,000 | 202,438 | ||||||
Landry’s, Inc., Term Loan B, 4.750%-7.500%, 04/24/18(a)(b) | 395,200 | 397,670 | ||||||
Mill US Acquisition LLC, 1st Lien Term Loan, 4.750%, 07/03/20(a) | 175 | 151 | ||||||
OSI Restaurant Partners LLC, New Term Loan, 3.500%, 10/25/19(a)(b) | 68,250 | 67,845 | ||||||
Pacific Industrial Services US Finco LLC, USD 1st Lien Term Loan, 09/24/18(b)(c)(d) | 140,000 | 140,234 | ||||||
Pinnacle Foods Finance LLC, Term Loan G, 3.250%, 04/29/20(a)(b) | 349,709 | 346,299 | ||||||
Pinnacle Foods Finance LLC, Incremental Term Loan H, 04/29/20(b)(c)(d) | 150,000 | 148,275 | ||||||
Shingle Springs Tribal Gaming Authority, Term Loan B, 6.250%, 08/16/19(a)(b) | 100,000 | 99,625 | ||||||
Weight Watchers International, Inc., Term Loan B2, 3.750%, 04/02/20(a)(b) | 199,000 | 194,572 | ||||||
Wendy’s International, Inc., New Term Loan B, 3.250%, 05/15/19(a)(b) | 129,614 | 128,993 | ||||||
Yonkers Racing Corp., 1st Lien Term Loan, 4.250%, 08/16/19(a)(b) | 130,000 | 128,700 | ||||||
|
| |||||||
9,346,602 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Health Care 0.6% |
| |||||||
Allscripts Healthcare Solutions, Inc., Term Loan A, | 138,250 | 136,176 | ||||||
Aptalis Pharma, Inc., Term Loan B, | 492,405 | 492,252 | ||||||
Ardent Medical Services, Inc., Term Loan, 6.750%, 07/02/18(a)(b) | 203,463 | 203,971 | ||||||
Biomet, Inc., Term Loan B2, 07/25/17(b)(c)(d) | 209,475 | 210,097 | ||||||
Community Health Systems, Inc., Extended Term Loan, 3.748%-3.760%, 01/25/17(a)(b) | 119,897 | 119,730 | ||||||
Convatec, Inc., Term Loan, 4.000%, 12/22/16(a)(b) | 29,088 | 29,181 | ||||||
DaVita, Inc., Term Loan B2, 4.000%, 11/01/19(a)(b) | 565,725 | 566,998 | ||||||
Drumm Investors LLC, | 378,685 | 362,307 | ||||||
Envision Pharmaceutical Services, 1st Lien Term Loan, 09/03/20(b)(c)(d) | 120,000 | 119,200 | ||||||
Fresenius SE & Co. KGaA, USD Term Loan B, 2.248%, 08/07/19(a)(b) | 460,000 | 458,735 | ||||||
HCA, Inc., Term Loan B5, 2.998%, 03/31/17(a)(b) | 265,000 | 264,526 | ||||||
Hologic, Inc., New Term | 95,000 | 94,803 | ||||||
Hologic, Inc., New Term | 244,405 | 244,361 | ||||||
Iasis Healthcare LLC, Term Loan B2, 4.500%, 05/03/18(a)(b) | 297,750 | 297,750 | ||||||
IMS Health, Inc., USD Term Loan B1, 3.750%, 09/01/17(a)(b) | 108,795 | 108,613 | ||||||
Inc Research, Inc., Refinance Term Loan B, 6.000%, 07/12/18(a)(b) | 386,632 | 387,598 | ||||||
Lifepoint Hospitals, Inc., Term Loan B, 2.680%, 07/24/17(a)(b) | 104,213 | 104,559 | ||||||
Onex Carestream Finance LP, 1st Lien Term Loan, 5.000%, 06/07/19(a)(b) | 222,188 | 222,854 |
See Notes to Financial Statements.
83
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Health Care—continued |
| |||||||
RPI Finance Trust, New Term Loan Tranche 2, 3.500%, 05/09/18(a)(b) | 1,280,822 | 1,285,228 | ||||||
RPI Finance Trust, Incremental Tranche 2, 4.000%, 11/09/18(a)(b) | 151,456 | 151,456 | ||||||
Sage Products, Inc., Refinance Term Loan B, 4.250%, 12/13/19(a)(b) | 73,284 | 73,559 | ||||||
Select Medical Corp., New Incremental Term Loan B, 3.530%-5.500%, 02/13/16(a)(b) | 64,513 | 64,351 | ||||||
U.S. Renal Care, Inc., Incremental 1st Lien Term Loan, 5.250%, 07/03/19(a)(b) | 100,000 | 101,000 | ||||||
Valeant Pharmaceuticals International, Inc., New Term Loan A, 2.440%, 04/20/16(a)(b) | 225,000 | 224,719 | ||||||
Valeant Pharmaceuticals International, Inc., Term Loan E, 4.500%, 08/05/20(a)(b) | 640,163 | 643,274 | ||||||
Valeant Pharmaceuticals International, Inc., Series C2, Term Loan B, 3.750%, 12/11/19(a)(b) | 83,938 | 84,022 | ||||||
Valeant Pharmaceuticals International, Inc., Series D2, Term Loan B, 3.750%, 02/13/19(a)(b) | 113,624 | 113,388 | ||||||
Warner Chilcott Co. LLC, New Term Loan B4, 08/20/17(b)(c)(d) | 44,595 | 44,576 | ||||||
Warner Chilcott Corp., Term Loan B5, 08/20/17(b)(c)(d) | 8,919 | 8,915 | ||||||
Warner Chilcott Corp., New Term Loan B1, 5.500%, 03/15/18(a)(b) | 180,763 | 180,570 | ||||||
Warner Chilcott Corp., Incremental Term Loan B1, 5.500%, 03/15/18(a)(b) | 78,694 | 78,610 | ||||||
WC Luxco S.A.R.L., New Term Loan B3, 4.250%, 03/15/18(a)(b) | 142,446 | 142,293 | ||||||
|
| |||||||
7,619,672 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Healthcare-Services 0.0%(e) |
| |||||||
Bright Horizons Family Solutions, Inc., New Term Loan B, 4.000%-5.250%, 01/30/20(a)(b) | 59,550 | 59,463 | ||||||
Par Pharmaceutical Cos., Inc., Refinance Term | 311,856 | 310,219 | ||||||
|
| |||||||
369,682 | ||||||||
|
| |||||||
Information Technology 0.1% | ||||||||
CDW LLC, New Term Loan, 3.500%, 04/29/20(a)(b) | 667,636 | 655,745 | ||||||
Genesys Telecom Holdings, US, Inc., Term Loan B, 4.000%, 02/07/20(a)(b) | 59,850 | 59,565 | ||||||
Riverbed Technology, Inc., Term Loan, | 146,083 | 146,996 | ||||||
Shield Finance Co. S.A.R.L., New Term Loan B, 6.500%, 05/10/19(a)(b) | 197,500 | 196,759 | ||||||
Southern Graphics, Inc., Term Loan, | 143,913 | 143,913 | ||||||
SS&C Technologies, Inc., New Term Loan B1, 3.500%, 06/07/19(a)(b) | 100,048 | 99,986 | ||||||
SS&C Technologies, Inc., New Term Loan B2, 3.500%, 06/07/19(a)(b) | 10,350 | 10,343 | ||||||
STG-Fairway Acquisitions, Term Loan B, | 174,125 | 173,582 | ||||||
|
| |||||||
1,486,889 | ||||||||
|
| |||||||
Insurance 0.3% | ||||||||
Alliance Data Systems Corp., Term Loan, | 626,063 | 622,932 | ||||||
Asurion LLC, New Term | 798,000 | 770,405 | ||||||
Asurion LLC, New Term | 1,654,005 | 1,637,201 | ||||||
Compass Investors, Inc., Term Loan, | 223,313 | 223,592 | ||||||
Hub International Ltd., Term Loan B, 09/17/20(b)(c)(d) | 330,000 | 330,000 |
See Notes to Financial Statements.
84
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Insurance—continued |
| |||||||
ION Trading Technologies S.A.R.L., 1st Lien Term Loan, | 74,813 | 74,657 | ||||||
La Frontera Generation, LLC, Term Loan, | 140,495 | 140,670 | ||||||
LPL Holdings, Inc., Term | 54,725 | 54,212 | ||||||
Sedgwick CMS Holdings, Inc., New 1st Lien Term Loan, | 159,600 | 159,450 | ||||||
|
| |||||||
4,013,119 | ||||||||
|
| |||||||
Leisure Time 0.1% | ||||||||
Activision Blizzard, Inc., Term Loan B, 09/11/20(b)(c)(d) | 940,000 | 938,430 | ||||||
Bombardier Recreational Products, Inc., New Term Loan B, 4.000%, 01/30/19(a)(b) | 79,200 | 78,988 | ||||||
Lions Gate Entertainment Corp., 2nd Lien Term Loan, 5.000%, 07/17/20(a)(b) | 90,000 | 89,550 | ||||||
Zuffa LLC, New Term Loan B, 4.500%, 02/25/20(a)(b) | 149,248 | 149,062 | ||||||
|
| |||||||
1,256,030 | ||||||||
|
| |||||||
Lodging 0.5% | ||||||||
Boyd Gaming Corp., Term Loan B, 4.000%, 08/14/20(a)(b) | 125,000 | 124,656 | ||||||
Caesars Entertainment Operating Co., Extended Term Loan B6, 5.429%, 01/26/18(a)(b) | 1,653,267 | 1,495,380 | ||||||
CCM Merger, Inc., New Term Loan B, 5.000%, 03/01/17(a)(b) | 87,200 | 87,593 | ||||||
Las Vegas Sands LLC, Extended Term Loan B, 2.680%, 11/23/16(a)(b) | 828,444 | 826,613 | ||||||
Las Vegas Sands LLC, Extended Delayed Draw Term Loan, 2.680%, 11/23/16(a)(b) | 166,505 | 166,137 | ||||||
MGM Resorts International, Term Loan A, 2.929%, 12/20/17(a)(b) | 366,602 | 365,685 |
Shares or Principal Amount($) | Value($) | |||||||
Lodging—continued |
| |||||||
MGM Resorts International, Term Loan B, 3.500%, 12/20/19(a)(b) | 482,333 | 479,845 | ||||||
Penn National Gaming, Inc., New Term Loan B, 3.750%, 07/16/18(a)(b) | 38,322 | 38,299 | ||||||
Pinnacle Entertainment, Inc., Term Loan B2, 3.750%, 08/13/20(a)(b) | 214,463 | 214,130 | ||||||
Playa Resorts Holding BV, Term Loan B, 4.750%, 08/06/19(a)(b) | 120,000 | 120,600 | ||||||
Scientific Games International, Inc., New Term Loan B, 05/22/20(b)(c)(d) | 1,505,000 | 1,491,831 | ||||||
Scientific Games International, Inc., Term Loan B1, 3.180%-3.190%, 06/30/15(a)(b) | 69,803 | 69,003 | ||||||
SeaWorld Parks & Entertainment, Inc., Term Loan B2, 3.000%, 05/14/20(a)(b) | 558,887 | 551,900 | ||||||
Seminole Tribe of Florida, Term Loan, 3.000%, 04/29/20(a)(b) | 294,325 | 293,221 | ||||||
Starwood Property Trust, Inc., Term Loan B, 3.500%, 04/17/20(a)(b) | 54,725 | 54,520 | ||||||
|
| |||||||
6,379,413 | ||||||||
|
| |||||||
Machinery-Diversified 0.2% |
| |||||||
Alliance Laundry Systems LLC, Refinance Term Loan, 4.250%, 12/10/18(a)(b) | 293,929 | 294,020 | ||||||
Brand Energy & Infrastructure Services, Inc., USD Term Loan B2, 5.750%, 10/16/16(a)(b) | 103,890 | 104,475 | ||||||
Brand Energy & Infrastructure Services, Inc., Term Loan 2 Canadian, 5.750%, 10/16/16(a)(b) | 24,934 | 25,074 | ||||||
Brand Energy & Infrastructure Services, Inc., USD Term Loan B1, 6.250%, 10/23/18(a)(b) | 95,906 | 96,146 |
See Notes to Financial Statements.
85
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Machinery-Diversified—continued |
| |||||||
Brand Energy & Infrastructure Services, Inc., Term Loan 1 Canadian, 6.250%, 10/23/18(a)(b) | 23,018 | 23,075 | ||||||
Gardner Denver, Inc., USD Term Loan, 4.250%, 07/30/20(a)(b) | 90,000 | 89,039 | ||||||
Generac Power Systems, Inc., Term Loan B, 3.500%, 05/29/20(a)(b) | 200,000 | 198,850 | ||||||
Key Safety Systems, Inc., Term Loan B, 4.750%, 05/09/18(a)(b) | 87,688 | 88,308 | ||||||
Milacron LLC, New Term Loan, 4.250%, 03/30/20(a)(b) | 69,650 | 69,302 | ||||||
Schaeffler AG, USD Term Loan C, 4.250%, 01/27/17(a)(b) | 1,000,000 | 1,002,920 | ||||||
W3 Co., 1st Lien Term Loan, 5.750%, 03/13/20(a)(b) | 64,675 | 65,160 | ||||||
|
| |||||||
2,056,369 | ||||||||
|
| |||||||
Media 0.7% | ||||||||
Charter Communications Operating LLC, Term | 109,725 | 108,445 | ||||||
Clear Channel Communications, Inc., Term Loan B, 01/29/16(b)(c)(d) | 90,000 | 84,668 | ||||||
Clear Channel Communications, Inc., Term Loan D, 01/30/19(b)(c)(d) | 90,000 | 83,385 | ||||||
Clear Channel Communications, Inc., Term Loan C, 3.829%, 01/29/16(a)(b) | 2,983,640 | 2,755,212 | ||||||
Emerald Expositions Holding, Inc., Term Loan B, 5.500%, 06/17/20(a)(b) | 94,763 | 95,178 | ||||||
Encompass Digital Media, Inc., New Term Loan B1, 6.750%, 08/10/17(a)(b) | 99,250 | 99,622 | ||||||
Granite Broadcasting Corp., Term Loan B, 6.750%, 05/23/18(a)(b) | 129,350 | 129,457 | ||||||
Hoyts Group Holdings LLC, 1st Lien Term Loan, 4.000%, 05/29/20(a)(b) | 64,838 | 64,513 |
Shares or Principal Amount($) | Value($) | |||||||
Media—continued |
| |||||||
McGraw-Hill Global Education Holdings, LLC, Term Loan, 9.000%, 03/22/19(a)(b) | 119,400 | 120,650 | ||||||
Mediacom Illinois LLC, Term Loan C, 1.640%, 01/30/15(a)(b) | 74,008 | 73,430 | ||||||
Nine Entertainment Group Ltd., Incremental Term Loan, 02/05/20(b)(c)(d) | 100,000 | 99,500 | ||||||
Nine Entertainment Group Ltd., Term Loan B, 3.500%, 02/05/20(a)(b) | 174,125 | 173,037 | ||||||
San Juan Cable Holdings LLC, 1st Lien Term Loan B, 6.000%, 06/09/17(a)(b) | 492,443 | 493,266 | ||||||
Sinclair Television Group, Inc., Term Loan A1, 03/20/18(b)(c)(d) | 115,000 | 114,482 | ||||||
Syniverse Holdings, Inc., Term Loan, 4.000%, 04/23/19(a)(b) | 273,550 | 272,640 | ||||||
Tribune Co., Exit Term Loan, 4.000%, 12/31/19(a)(b) | 838,663 | 837,790 | ||||||
Univision Communications, Inc., Term Loan C3, 4.000%, 03/02/20(a)(b)(c) | 1,091,196 | 1,077,556 | ||||||
Univision Communications, Inc., Refinance Term | 323,375 | 322,366 | ||||||
Univision Communications, Inc., Converted Extended Term Loan, 4.500%, 03/02/20(a)(b) | 129,487 | 128,961 | ||||||
Village Roadshow Films (BVI) Ltd., Term Loan B, 4.750%, 11/21/17(a)(b) | 1,010,000 | 1,020,100 | ||||||
WideOpenWest Finance LLC, Term Loan B, 4.750%, 04/01/19(a)(b) | 139,300 | 140,101 | ||||||
|
| |||||||
8,294,359 | ||||||||
|
| |||||||
Metals 0.0%(e) | ||||||||
Arch Coal, Inc., Term Loan B, 5.750%, 05/16/18(a)(b) | 142,591 | 138,225 | ||||||
Atlas Iron Ltd., Term Loan B, 8.750%, 12/07/17(a)(b) | 99,250 | 98,257 | ||||||
|
| |||||||
236,482 | ||||||||
|
|
See Notes to Financial Statements.
86
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Mining 0.2% | ||||||||
Fairmount Minerals Ltd., Term Loan B2, 5.000%, 09/05/19(a)(b) | 65,000 | 65,064 | ||||||
FMG America Finance, Inc., Term Loan, 5.250%, 10/18/17(a)(b) | 1,938,387 | 1,942,884 | ||||||
Foresight Energy LLC, Term Loan B, 5.500%, 08/19/20(a)(b) | 165,000 | 163,556 | ||||||
Novelis, Inc., New Term Loan, 3.750%, 03/10/17(a)(b) | 333,259 | 333,049 | ||||||
Oxbow Carbon LLC, New Term Loan B, 4.250%, 07/19/19(a)(b) | 88,875 | 88,959 | ||||||
|
| |||||||
2,593,512 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 0.2% |
| |||||||
Boomerang Tube LLC, Term Loan, 11.000%-11.750%, 10/11/17(a)(b) | 147,250 | 142,833 | ||||||
Harland Clarke Holdings Corp., Term Loan B3, 7.000%, 05/22/18(a)(b) | 2,285,625 | 2,257,055 | ||||||
QS0001 Corp., 1st Lien Term Loan, 5.000%, 11/09/18(a)(b) | 84,363 | 84,573 | ||||||
Sensata Technologies Finance Co. LLC, Term Loan, 3.750%, 05/11/18(a)(b) | 171,857 | 172,072 | ||||||
|
| |||||||
2,656,533 | ||||||||
|
| |||||||
Oil & Gas 0.5% | ||||||||
Alon USA Energy, Inc., Master Limited Partnership Term Loan, 9.250%, 11/26/18(a)(b) | 195,930 | 202,052 | ||||||
Atlas Energy LP, Term Loan B, 6.500%, 07/30/19(a)(b) | 310,000 | 313,100 | ||||||
Bronco Midstream Funding LLC, Term Loan B, 5.000%, 08/17/20(a)(b) | 490,000 | 491,225 | ||||||
Drillships Financing Holding, Inc., Term Loan B1, 6.000%, 03/31/21(a)(b) | 330,000 | 332,888 | ||||||
EMG Utica LLC, Term Loan, 4.750%, 03/27/20(a)(b) | 730,000 | 731,825 | ||||||
Energy Transfer Equity, L.P., New Term Loan B, 3.750%, 03/24/17(a)(b) | 620,000 | 621,941 |
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas—continued |
| |||||||
EP Energy LLC, Term | 303,333 | 302,196 | ||||||
EP Energy LLC, Term | 84,375 | 84,252 | ||||||
Fieldwood Energy LLC, 1st Lien Term Loan, 10/01/18(b)(c)(d) | 235,000 | 234,511 | ||||||
Frac Tech International LLC, Term Loan B, 8.500%, 05/06/16(a)(b) | 1,102,253 | 1,079,657 | ||||||
MEG Energy Corp., Refinance Term Loan, | 884,453 | 885,930 | ||||||
Ruby Western Pipeline Holdings LLC, Term Loan B, 3.500%, 03/27/20(a)(b) | 195,565 | 194,343 | ||||||
Samson Investment Co., 2nd Lien Term Loan, 6.000%, 09/25/18(a)(b) | 125,000 | 125,000 | ||||||
TPF Generation Holdings LLC, Term Loan B, 4.750%, 12/29/17(a)(b) | 105,000 | 104,606 | ||||||
TPF Generation Holdings LLC, Term Loan B, | 114,713 | 114,999 | ||||||
Vantage Drilling Co., Term Loan B, 5.750%, 03/28/19(a)(b) | 666,650 | 674,150 | ||||||
Vantage Drilling Co., Term Loan, 6.250%, 10/26/17(a)(b) | 185,250 | 185,250 | ||||||
|
| |||||||
6,677,925 | ||||||||
|
| |||||||
Packaging & Containers 0.3% |
| |||||||
Berry Plastics Holding Corp., Term Loan D, 3.500%, 02/07/20(a)(b) | 2,736,088 | 2,703,939 | ||||||
BWAY Corp., Term Loan B, 4.500%-5.500%, 08/07/17(a)(b) | 99,250 | 99,456 | ||||||
Caraustar Industries, Inc., Term Loan, 7.500%, 05/01/19(a)(b) | 88,493 | 89,377 | ||||||
Consolidated Container Co. LLC, New Term Loan, | 94,050 | 94,473 | ||||||
Pact Group Pty Ltd., USD Term Loan B, | 84,788 | 83,304 |
See Notes to Financial Statements.
87
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Packaging & Containers—continued |
| |||||||
Reynolds Group Holdings, Inc., New Dollar Term Loan, 4.750%, 09/28/18(a)(b) | 232,650 | 232,876 | ||||||
Tronox Pigments (Netherlands) BV, 2013 Term Loan, 4.500%, 03/19/20(a)(b) | 264,338 | 265,480 | ||||||
|
| |||||||
3,568,905 | ||||||||
|
| |||||||
Real Estate 0.1% | ||||||||
Alliant Holdings I, Inc., New Term Loan B, 5.000%, 12/20/19(a)(b) | 193,538 | 193,377 | ||||||
CB Richard Ellis Services, Inc., New Term Loan B, 2.933%, 03/29/21(a)(b) | 532,325 | 531,436 | ||||||
Continental Building Products LLC, 1st Lien Term Loan, 4.500%, 08/14/20(a)(b) | 230,000 | 229,425 | ||||||
Four Seasons Holdings, Inc., 2nd Lien Term Loan, 12/28/20(b)(c)(d) | 35,000 | 35,700 | ||||||
Four Seasons Holdings, Inc., 1st Lien Term Loan, 4.250%, 06/27/20(a)(b) | 280,000 | 282,100 | ||||||
Istar Financial, Inc., Add on Term Loan A2, 7.000%, 03/17/17(a)(b) | 14,039 | 14,362 | ||||||
Realogy Corp., Extended Letter of Credit, 4.445%, 10/10/16(a)(b) | 18,029 | 18,119 | ||||||
Realogy Corp., Extended Term Loan, 4.500%, 03/05/20(a)(b) | 189,050 | 189,995 | ||||||
|
| |||||||
1,494,514 | ||||||||
|
| |||||||
Retail 0.6% | ||||||||
Academy Ltd., Term Loan, 4.500%-4.750%, | 118,800 | 119,023 | ||||||
Albertson’s, LLC, Incremental Term Loan B2, 03/21/19(b)(c)(d) | 145,000 | 144,185 | ||||||
Albertson’s, LLC, Term | 128,485 | 128,405 | ||||||
Albertson’s, LLC, Term | 279,665 | 278,792 | ||||||
Capital Automotive LP, New Term Loan B, 4.000%, 04/10/19(a)(b) | 1,081,171 | 1,080,717 |
Shares or Principal Amount($) | Value($) | |||||||
Retail—continued |
| |||||||
Capital Automotive LP, New 2nd Lien Term Loan, 6.000%, 04/30/20(a)(b) | 180,000 | 183,600 | ||||||
Evergreen Acqco 1 LP, New Term Loan, 5.000%, 07/09/19(a)(b) | 123,750 | 124,266 | ||||||
Harbor Freight Tools USA, Inc., New 1st Lien Term Loan, 4.750%, 07/26/19(a)(b) | 100,000 | 100,583 | ||||||
JC Penney Corp., Inc., 1st Lien Term Loan, 6.000%, 05/22/18(a)(b)(c) | 758,100 | 734,152 | ||||||
Jo-Ann Stores, Inc., Term Loan, 4.000%, 03/16/18(a)(b) | 398,587 | 398,089 | ||||||
Michaels Stores, Inc., New Term Loan, 3.750%, 01/28/20(a)(b) | 209,475 | 209,213 | ||||||
Ollie’s Bargain Outlet, Inc., Term Loan, 5.250%, 09/27/19(a)(b) | 84,574 | 84,574 | ||||||
Party City Holdings, Inc., Refinance Term Loan B, 4.250%, 07/29/19(a)(b) | 500,878 | 498,790 | ||||||
Petco Animal Supplies, Inc., New Term Loan, 4.000%, 11/24/17(a)(b) | 221,879 | 221,601 | ||||||
Phillips-Van Heusen Corp., Term Loan B, 3.250%, 02/13/20(a)(b) | 441,659 | 440,074 | ||||||
Rite Aid Corp., Term Loan 6, 4.000%, 02/21/20(a)(b) | 278,600 | 277,973 | ||||||
Rite Aid Corp., New 2nd Lien Term Loan, 4.875%, 06/11/21(a)(b) | 275,000 | 275,429 | ||||||
Rite Aid Corp., 2nd Lien Term Loan, 5.750%, 08/21/20(a)(b) | 260,000 | 266,066 | ||||||
Sears Holding Corp., Term Loan, 06/29/18(b)(d) | 850,000 | 843,098 | ||||||
Supervalu, Inc., Refinance Term Loan B, 5.000%, 03/21/19(a)(b) | 169,024 | 168,391 | ||||||
Toys ‘R’ US Property Co. I LLC, New Term Loan B, 6.000%, 08/21/19(a)(b) | 515,000 | 505,668 | ||||||
Toys ‘R’ Us-Delaware, Inc., Term Loan B3, 5.250%, 05/25/18(a)(b) | 131,542 | 124,062 |
See Notes to Financial Statements.
88
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Retail—continued |
| |||||||
Toys ‘R’ Us-Delaware, Inc., New Term Loan, 6.000%, 09/01/16(a)(b) | 141,787 | 137,534 | ||||||
True Religion Apparel, Inc., 1st Lien Term Loan, 5.875%, 07/30/19(a)(b) | 175,000 | 164,645 | ||||||
|
| |||||||
7,508,930 | ||||||||
|
| |||||||
Semiconductors 0.2% | ||||||||
Freescale Semiconductor, Inc., Term Loan B4, 5.000%, 02/28/20(a)(b) | 1,457,675 | 1,462,092 | ||||||
Microsemi Corp., Repriced Term Loan, 3.750%, 02/19/20(a)(b) | 209,511 | 209,250 | ||||||
ON Semiconductor Corp., Term Loan A, 2.024%, 01/02/18(a)(b) | 360,938 | 355,523 | ||||||
|
| |||||||
2,026,865 | ||||||||
|
| |||||||
Telecommunication Services 1.9% |
| |||||||
Alcatel-Lucent USA, Inc., USD Term Loan C, 5.750%, 01/30/19(a)(b) | 1,069,551 | 1,076,503 | ||||||
Arris Group, Inc., Term Loan B, 3.500%, 04/17/20(a)(b) | 452,725 | 448,573 | ||||||
Avaya, Inc., Extended Term Loan B3, 4.762%, 10/26/17(a)(b) | 232,966 | 208,297 | ||||||
Avaya, Inc., Term Loan B5, 8.000%, 03/30/18(a)(b) | 153,659 | 145,291 | ||||||
Cellular South, Inc., New Term Loan, 3.250%, 05/22/20(a)(b) | 44,775 | 44,551 | ||||||
Cequel Communications LLC, Term Loan B, 3.500%, 02/14/19(a)(b) | 674,822 | 673,210 | ||||||
Charter Communications Operating LLC, Term Loan A1, 2.180%, 04/22/18(a)(b) | 1,342,785 | 1,336,313 | ||||||
Charter Communications Operating LLC, Term Loan E, 3.000%, 07/01/20(a)(b) | 1,970,063 | 1,946,501 | ||||||
Cincinnati Bell, Inc., New Term Loan B, 4.000%, 09/10/20(a)(b) | 490,000 | 486,692 | ||||||
Consolidated Communications, Inc., Term Loan B3, 5.250%, 12/31/18(a)(b) | 143,913 | 144,212 |
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
Cricket Communications, Inc., Term Loan C, 4.750%, 03/09/20(a)(b) | 204,488 | 204,306 | ||||||
Crown Castle International Corp., New Term Loan, 3.250%, 01/31/19(a)(b) | 1,762,124 | 1,739,005 | ||||||
CSC Holdings, Inc., New Term Loan A, 2.179%, 04/16/18(a)(b) | 235,000 | 234,048 | ||||||
CSC Holdings, Inc., New Term Loan B, 2.679%, 04/17/20(a)(b) | 1,546,125 | 1,527,015 | ||||||
Cumulus Media Holdings Inc., 1st Lien Term Loan, 4.500%, 09/17/18(a)(b) | 418,104 | 420,299 | ||||||
DataPipe, Inc., 1st Lien Term Loan, 5.750%, 03/15/19(a)(b) | 64,675 | 64,864 | ||||||
Evertec, Inc., New Term Loan A, 2.768%, 04/16/18(a)(b) | 543,125 | 536,607 | ||||||
Evertec, Inc., New Term Loan B, 3.500%, 04/17/20(a)(b) | 134,663 | 129,613 | ||||||
Gray Television, Inc., New Term Loan B, 4.750%, 10/15/19(a)(b) | 327,748 | 329,318 | ||||||
Integra Telecom, Inc., 1st Lien Term Loan, 5.250%, 02/22/19(a)(b) | 273,625 | 274,993 | ||||||
Intelsat Jackson Holdings SA, Term Loan B1, 4.250%, 04/02/18(a)(b) | 372,188 | 372,467 | ||||||
Kabel Deutschland GMBH, USD Term Loan F1, 3.250%, 02/01/19(a)(b) | 775,000 | 774,140 | ||||||
Level 3 Financing, Inc., New 2019 Term Loan, 4.000%, 08/01/19(a)(b) | 525,000 | 523,950 | ||||||
Level 3 Financing, Inc., Term Loan, 4.750%, 08/01/19(a)(b) | 880,000 | 878,346 | ||||||
Level 3 Financing, Inc., 2020 Term Loan B, 4.000%, 01/15/20(a)(b)(c) | 2,025,000 | 2,020,788 | ||||||
LIN Television Corp., Term Loan B, 4.000%, 12/21/18(a)(b) | 94,044 | 94,456 | ||||||
Media General, Inc., Delayed Draw Term Loan B, 07/31/20(b)(d) | 155,000 | 155,256 |
See Notes to Financial Statements.
89
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
Mediacom Communications Corp., Term Loan H, 3.250%, 01/29/21(a)(b) | 219,450 | 216,707 | ||||||
Mediacom Communications Corp., Term Loan G, 4.000%, 01/20/20(a)(b) | 524,700 | 524,375 | ||||||
Nuance Communications, Inc., Term Loan C, 2.930%, 08/07/19(a)(b) | 119,700 | 118,429 | ||||||
Peak Ten, Inc., 2018 Term Loan B, 7.250%, 10/25/18(a)(b) | 94,288 | 94,523 | ||||||
Quebecor Media, Inc., Term Loan B1, 3.250%, 08/17/20(a)(b) | 595,000 | 589,300 | ||||||
Sinclair Television Group, Inc., Term Loan B, 3.000%, 04/09/20(a)(b) | 99,500 | 99,293 | ||||||
Syniverse Holdings, Inc., Term Loan B, 4.000%, 04/23/19(a)(b) | 828,941 | 824,796 | ||||||
UPC Financing Partnership, USD Term Loan AH, 3.250%, 06/30/21(a)(b) | 530,000 | 526,687 | ||||||
Van Wagner Communications LLC, New Term Loan, 6.250%, 08/03/18(a)(b) | 315,216 | 319,550 | ||||||
Virgin Media Investment Holdings Ltd., USD Term Loan B, 3.500%, 06/08/20(a)(b) | 1,535,000 | 1,524,976 | ||||||
WMG Acquisition Corp., New Term Loan, 3.750%, 07/01/20(a)(b) | 650,000 | 646,548 | ||||||
Zayo Group, LLC, PIK, Term Loan B, 4.500%, 07/02/19(a)(b) | 1,376,103 | 1,375,318 | ||||||
|
| |||||||
23,650,116 | ||||||||
|
| |||||||
Telecommunications 0.1% | ||||||||
CompuCom Systems, Inc., Refinance Term Loan B, 4.250%, 05/11/20(a)(b) | 84,788 | 83,092 | ||||||
Light Tower Fiber LLC, 1st Lien Term Loan, 4.500%, 04/13/20(a)(b) | 304,238 | 305,092 | ||||||
Windstream Corp., Term Loan B4, 3.500%, 01/23/20(a)(b) | 188,575 | 187,632 | ||||||
Windstream Corp., Term Loan B3, 4.000%, 08/08/19(a)(b) | 108,625 | 108,444 | ||||||
|
| |||||||
684,260 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Transportation 0.2% |
| |||||||
Affinia Group Intermediate Holdings, Inc., Term Loan B2, 4.750%, 04/27/20(a)(b) | 64,838 | 64,838 | ||||||
American Airlines, Inc., Exit Term Loan, 4.750%, 06/27/19(a)(b) | 1,256,850 | 1,246,117 | ||||||
American Petroleum Tankers LLC, Term Loan B, 4.750%, 10/02/19(a)(b) | 147,259 | 147,627 | ||||||
Avis Budget Car Rental, LLC, New Term Loan B, 3.000%, 03/15/19(a)(b) | 59,550 | 59,290 | ||||||
Commercial Barge Line Co., 1st Lien Term Loan, 7.500%-8.500%, 09/23/19(a)(b) | 179,100 | 173,727 | ||||||
Delta Air Lines, Inc., New Term Loan B1, 4.000%, 10/18/18(a)(b) | 347,849 | 348,412 | ||||||
FleetPride Corp., 1st Lien Term Loan, 5.250%, 11/19/19(a)(b) | 133,988 | 128,963 | ||||||
Navios Partners Finance (US), Inc., Term Loan B, 5.250%, 06/27/18(a)(b) | 219,450 | 222,193 | ||||||
Sabre, Inc., Term Loan B2, 02/19/19(b)(c)(d) | 75,000 | 74,531 | ||||||
Sabre, Inc., Term Loan C, 4.000%, 02/19/18(a)(b) | 155,313 | 155,184 | ||||||
US Airways Group, Inc., Term Loan B1, 4.250%, 05/23/19(a)(b) | 350,000 | 347,501 | ||||||
|
| |||||||
2,968,383 | ||||||||
|
| |||||||
Utilities 0.1% |
| |||||||
AES Corp., Refinance Term Loan B, 3.750%, 06/01/18(a)(b) | 396,618 | 398,371 | ||||||
Astoria Generating Company Acquisitions, LLC, New Term Loan, 8.500%, 10/26/17(a)(b) | 118,500 | 121,166 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B1, 3.000%, 05/04/20(a)(b) | 324,188 | 316,569 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B2, 3.250%, 01/31/22(a)(b) | 219,450 | 215,610 |
See Notes to Financial Statements.
90
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Utilities—continued |
| |||||||
Dynegy Holdings, Inc., Term Loan B2, 4.000%, 04/23/20(a)(b) | 99,750 | 99,426 | ||||||
Intergen N.V., USD 1st Lien Term Loan, 5.500%, 06/05/20(a)(b) | 64,838 | 64,567 | ||||||
NGPL PipeCo LLC, Term Loan B, 6.750%, 09/15/17(a)(b) | 193,074 | 172,159 | ||||||
Power Team Services, LLC, Delayed Draw Term Loan, 3.250%, 05/06/20(a)(b)(c) | 17,222 | 16,942 | ||||||
Power Team Services, LLC, 1st Lien Term Loan, 4.250%, 05/06/20(a)(b)(c) | 137,433 | 135,200 | ||||||
WNA Holdings, Inc., USD 1st Lien Canadian, 4.500%-5.500%, 06/05/20(a)(b) | 87,261 | 87,098 | ||||||
|
| |||||||
1,627,108 | ||||||||
|
| |||||||
Total Bank Loans | 130,857,366 | |||||||
|
| |||||||
Corporate Bonds 23.9% | ||||||||
Aerospace/Defense 0.3% | ||||||||
United Technologies Corp., 3.100%, 06/01/22 | 3,331,000 | 3,276,821 | ||||||
|
| |||||||
Agriculture 0.3% | ||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(b) | 3,198,000 | 3,199,919 | ||||||
|
| |||||||
Airlines 0.3% | ||||||||
American Airlines Pass Through Trust, 4.950%, 07/15/24(b) | 3,143,000 | 3,158,715 | ||||||
|
| |||||||
Auto Manufacturers 0.7% | ||||||||
Daimler Finance N.A. LLC, 3.875%, 09/15/21(b) | 1,932,000 | 1,984,951 | ||||||
General Motors Co., 6.250%, 10/02/43(b) | 3,785,000 | 3,728,225 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(b) | 2,282,000 | 2,339,036 | ||||||
|
| |||||||
8,052,212 | ||||||||
|
| |||||||
Banks 1.5% | ||||||||
Fifth Third Bank, 1.450%, 02/28/18 | 4,970,000 | 4,830,641 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(b) | 2,196,000 | 2,297,436 | ||||||
KeyBank NA, 1.650%, 02/01/18 | 2,151,000 | 2,112,045 |
Shares or Principal Amount($) | Value($) | |||||||
Banks—continued |
| |||||||
PNC Bank NA, 0.800%, 01/28/16 | 5,329,000 | 5,310,226 | ||||||
Wells Fargo & Co., 1.250%, 02/13/15, MTN | 3,679,000 | 3,709,628 | ||||||
|
| |||||||
18,259,976 | ||||||||
|
| |||||||
Beverages 0.6% | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 2.500%, 07/15/22 | 4,337,000 | 4,012,228 | ||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(b) | 3,215,000 | 3,303,114 | ||||||
|
| |||||||
7,315,342 | ||||||||
|
| |||||||
Chemicals 0.3% | ||||||||
Dow Chemical Co. (The), 4.375%, 11/15/42 | 1,823,000 | 1,576,067 | ||||||
Praxair, Inc., 4.625%, 03/30/15 | 2,271,000 | 2,407,428 | ||||||
|
| |||||||
3,983,495 | ||||||||
|
| |||||||
Commercial Services 0.4% | ||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(b) | 1,483,000 | 1,516,421 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(b) | 1,663,000 | 1,845,739 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(b) | 1,184,000 | 1,266,238 | ||||||
|
| |||||||
4,628,398 | ||||||||
|
| |||||||
Computers 1.1% | ||||||||
Apple, Inc., 2.400%, 05/03/23 | 2,693,000 | 2,437,652 | ||||||
EMC Corp., 3.375%, 06/01/23 | 3,285,000 | 3,210,010 | ||||||
IBM Corp., 0.875%, 10/31/14 | 6,104,000 | 6,143,310 | ||||||
IBM Corp., 4.000%, 06/20/42 | 2,300,000 | 2,060,260 | ||||||
|
| |||||||
13,851,232 | ||||||||
|
| |||||||
Diversified Financial Services 2.4% |
| |||||||
American Express Credit Corp., | 2,003,000 | 2,066,968 | ||||||
CME Group, Inc., 5.750%, 02/15/14 | 1,428,000 | 1,455,273 | ||||||
Ford Motor Credit Co. LLC, 4.375%, 08/06/23 | 1,389,000 | 1,389,785 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 | 3,287,000 | 3,601,076 | ||||||
General Electric Capital Corp., Series B, 6.250%(a)(f) | 4,700,000 | 4,747,000 | ||||||
General Electric Capital Corp., Series C, 5.250%(a)(f)(g) | 3,400,000 | 3,151,800 |
See Notes to Financial Statements.
91
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Diversified Financial Services—continued |
| |||||||
John Deere Capital Corp., 1.250%, 12/02/14, MTN | 2,195,000 | 2,217,391 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 1,781,000 | 1,927,680 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(b) | 1,894,000 | 1,894,663 | ||||||
PACCAR Financial Corp., 1.550%, 09/29/14, MTN | 2,900,000 | 2,934,313 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN | 970,000 | 1,014,509 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(b) | 3,559,000 | 3,765,297 | ||||||
|
| |||||||
30,165,755 | ||||||||
|
| |||||||
Electric 0.6% | ||||||||
Alabama Power Co., 5.800%, 11/15/13 | 1,240,000 | 1,247,662 | ||||||
Dominion Resources, Inc., 1.950%, 08/15/16 | 699,000 | 713,252 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 | 1,601,000 | 1,835,383 | ||||||
Georgia Power Co., 6.000%, 11/01/13 | 704,000 | 706,950 | ||||||
MidAmerican Energy Holdings Co., 6.125%, 04/01/36 | 1,792,000 | 2,004,707 | ||||||
Southern California Edison Co., 5.750%, 03/15/14 | 1,083,000 | 1,107,898 | ||||||
|
| |||||||
7,615,852 | ||||||||
|
| |||||||
Electronics 0.4% | ||||||||
Agilent Technologies, Inc., 3.875%, 07/15/23 | 5,044,000 | 4,898,501 | ||||||
|
| |||||||
Forest Products & Paper 0.2% | ||||||||
Georgia-Pacific LLC, 3.734%, 07/15/23(b) | 2,803,000 | 2,732,440 | ||||||
|
| |||||||
Healthcare-Products 0.0%(e) | ||||||||
Becton Dickinson and Co., 3.250%, 11/12/20 | 573,000 | 582,567 | ||||||
|
| |||||||
Healthcare-Services 0.5% | ||||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 | 2,479,000 | 2,473,207 | ||||||
WellPoint, Inc., 2.300%, 07/15/18 | 4,000,000 | 4,001,844 | ||||||
|
| |||||||
6,475,051 | ||||||||
|
| |||||||
Insurance 1.1% | ||||||||
Allstate Corp. (The), 5.750%, 08/15/53(a) | 2,815,000 | 2,744,625 |
Shares or Principal Amount($) | Value($) | |||||||
Insurance—continued |
| |||||||
American International Group, Inc., 4.125%, 02/15/24(c) | 2,065,000 | 2,066,423 | ||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 | 3,848,000 | 3,988,991 | ||||||
Fairfax Financial Holdings Ltd., 5.800%, 05/15/21(b) | 1,189,000 | 1,220,744 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(b) | 2,977,000 | 3,186,205 | ||||||
|
| |||||||
13,206,988 | ||||||||
|
| |||||||
Internet 0.1% | ||||||||
eBay, Inc., 2.600%, 07/15/22 | 1,502,000 | 1,396,469 | ||||||
|
| |||||||
Media 0.8% | ||||||||
Comcast Corp., 3.125%, 07/15/22 | 2,312,000 | 2,252,452 | ||||||
Comcast Corp., 4.650%, 07/15/42 | 3,020,000 | 2,871,818 | ||||||
Time Warner Cable, Inc., 4.000%, 09/01/21 | 4,758,000 | 4,439,066 | ||||||
|
| |||||||
9,563,336 | ||||||||
|
| |||||||
Mining 2.0% | ||||||||
Barrick (PD) Australia Finance Property Ltd., 4.950%, 01/15/20 | 721,000 | 722,211 | ||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 | 7,129,000 | 6,160,411 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(b) | 1,083,000 | 939,742 | ||||||
Barrick North America Finance LLC, 5.750%, 05/01/43 | 2,628,000 | 2,205,118 | ||||||
BHP Billiton Finance USA Ltd., 1.125%, 11/21/14 | 2,260,000 | 2,279,158 | ||||||
Kinross Gold Corp., 5.125%, 09/01/21 | 3,194,000 | 3,029,995 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 | 9,745,000 | 9,015,294 | ||||||
|
| |||||||
24,351,929 | ||||||||
|
| |||||||
Miscellaneous Manufacturer 0.4% |
| |||||||
3M Co., 1.375%, 09/29/16 | 1,432,000 | 1,457,387 | ||||||
General Electric Co., 4.125%, 10/09/42 | 1,654,000 | 1,518,438 | ||||||
General Electric Co., 5.250%, 12/06/17 | 1,394,000 | 1,586,582 | ||||||
|
| |||||||
4,562,407 | ||||||||
|
|
See Notes to Financial Statements.
92
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas 0.8% | ||||||||
BP Capital Markets PLC, 2.248%, 11/01/16 | 3,026,000 | 3,114,680 | ||||||
Ensco PLC, 4.700%, 03/15/21 | 2,483,000 | 2,635,501 | ||||||
Shell International Finance BV, 3.625%, 08/21/42 | 4,476,000 | 3,910,466 | ||||||
|
| |||||||
9,660,647 | ||||||||
|
| |||||||
Oil & Gas Services 0.6% | ||||||||
Baker Hughes, Inc., 5.125%, 09/15/40 | 1,869,000 | 1,995,010 | ||||||
Schlumberger Investment SA, 3.300%, 09/14/21(b) | 2,234,000 | 2,237,505 | ||||||
Weatherford International Ltd., 5.125%, 09/15/20 | 1,527,000 | 1,591,965 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 | 1,465,000 | 1,467,962 | ||||||
|
| |||||||
7,292,442 | ||||||||
|
| |||||||
Pharmaceuticals 0.7% | ||||||||
Express Scripts Holding Co., 2.650%, 02/15/17 | 2,101,000 | 2,166,047 | ||||||
Mylan, Inc., 1.800%, 06/24/16(b) | 1,359,000 | 1,364,621 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 | 1,305,000 | 1,494,619 | ||||||
Perrigo Co., 2.950%, 05/15/23 | 1,673,000 | 1,617,364 | ||||||
Zoetis, Inc., 3.250%, 02/01/23(b) | 2,468,000 | 2,349,573 | ||||||
|
| |||||||
8,992,224 | ||||||||
|
| |||||||
Pipelines 1.0% | ||||||||
El Paso Pipeline Partners Operating Co. LLC, 6.500%, 04/01/20 | 961,000 | 1,105,081 | ||||||
Energy Transfer Partners LP, 6.050%, 06/01/41 | 1,081,000 | 1,084,958 | ||||||
Energy Transfer Partners LP, 6.625%, 10/15/36 | 1,299,000 | 1,380,756 | ||||||
Kinder Morgan Energy Partners LP, 5.000%, 08/15/42 | 5,022,000 | 4,564,933 | ||||||
TC Pipelines LP, 4.650%, 06/15/21 | 1,639,000 | 1,666,094 | ||||||
Williams Partners LP, 4.125%, 11/15/20 | 2,472,000 | 2,502,010 | ||||||
|
| |||||||
12,303,832 | ||||||||
|
| |||||||
Real Estate Investment Trust 1.8% |
| |||||||
American Tower Corp., 3.500%, 01/31/23 | 2,623,000 | 2,302,477 |
Shares or Principal Amount($) | Value($) | |||||||
Real Estate Investment Trust—continued |
| |||||||
American Tower Corp., 5.000%, 02/15/24(g) | 4,225,000 | 4,135,468 | ||||||
Boston Properties LP, 3.800%, 02/01/24 | 2,112,000 | 2,030,069 | ||||||
Digital Realty Trust LP, 4.500%, 07/15/15 | 2,551,000 | 2,673,155 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 667,000 | 733,635 | ||||||
ERP Operating LP, 3.000%, 04/15/23 | 6,957,000 | 6,395,793 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 3,431,000 | 3,850,055 | ||||||
|
| |||||||
22,120,652 | ||||||||
|
| |||||||
Retail 1.3% | ||||||||
AutoZone, Inc., 3.700%, 04/15/22 | 2,030,000 | 1,988,151 | ||||||
Best Buy Co., Inc., 5.000%, 08/01/18 | 4,445,000 | 4,567,237 | ||||||
Macy’s Retail Holdings, Inc., 4.300%, 02/15/43 | 2,864,000 | 2,420,278 | ||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 | 7,062,000 | 6,904,214 | ||||||
|
| |||||||
15,879,880 | ||||||||
|
| |||||||
Semiconductors 0.9% | ||||||||
Analog Devices, Inc., 3.000%, 04/15/16 | 407,000 | 424,250 | ||||||
Intel Corp., 1.950%, 10/01/16 | 1,635,000 | 1,680,522 | ||||||
Intel Corp., 4.250%, 12/15/42 | 463,000 | 411,115 | ||||||
Intel Corp., 4.800%, 10/01/41 | 5,873,000 | 5,627,127 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(b) | 2,920,000 | 2,813,151 | ||||||
|
| |||||||
10,956,165 | ||||||||
|
| |||||||
Software 0.5% | ||||||||
Fidelity National Information Services, Inc., 3.500%, 04/15/23 | 2,557,000 | 2,300,091 | ||||||
Oracle Corp., 1.200%, 10/15/17 | 1,806,000 | 1,773,743 | ||||||
Oracle Corp., 2.375%, 01/15/19 | 2,205,000 | 2,215,379 | ||||||
|
| |||||||
6,289,213 | ||||||||
|
| |||||||
Telecommunication Services 2.2% |
| |||||||
AT&T, Inc., 0.900%, 02/12/16 | 2,400,000 | 2,388,636 | ||||||
AT&T, Inc., 4.350%, 06/15/45 | 2,350,000 | 1,939,800 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 | 4,298,000 | 3,875,640 |
See Notes to Financial Statements.
93
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Telecommunication Services—continued |
| |||||||
Cisco Systems, Inc., 5.500%, 02/22/16 | 1,582,000 | 1,758,415 | ||||||
Cisco Systems, Inc., 5.500%, 01/15/40 | 3,302,000 | 3,680,931 | ||||||
SBA Tower Trust, 2.933%, 12/15/42(b) | 4,192,000 | 4,223,574 | ||||||
Softbank Corp., 4.500%, 04/15/20(b) | 3,145,000 | 3,022,345 | ||||||
Verizon Communications, Inc., 5.550%, 02/15/16 | 1,832,000 | 2,014,486 | ||||||
Verizon Communications, Inc., 6.550%, 09/15/43 | 3,726,000 | 4,206,419 | ||||||
|
| |||||||
27,110,246 | ||||||||
|
| |||||||
Transportation 0.1% | ||||||||
United Parcel Service, Inc., 3.125%, 01/15/21 | 1,447,000 | 1,466,559 | ||||||
|
| |||||||
Total Corporate Bonds | 293,349,265 | |||||||
|
| |||||||
U.S. Government Agency Mortgages 31.4% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Pool #J14244, 3.000%, 01/01/26 | 2,699,890 | 2,794,644 | ||||||
Pool #J14245, 3.000%, 01/01/26 | 1,473,755 | 1,526,852 | ||||||
Pool #J17791, 3.000%, 01/01/27 | 6,435,331 | 6,656,678 | ||||||
Pool #J18800, 3.000%, 04/01/27 | 9,486,211 | 9,838,418 | ||||||
Pool #J19638, 2.500%, 07/01/27 | 698,072 | 702,847 | ||||||
Pool #J19620, 2.500%, 07/01/27 | 577,147 | 581,094 | ||||||
Pool #G14517, 2.500%, 07/01/27 | 3,372,276 | 3,396,790 | ||||||
Pool #E04075, 2.500%, 08/01/27 | 5,297,286 | 5,336,257 | ||||||
Pool #J20118, 2.500%, 08/01/27 | 3,071,006 | 3,091,400 | ||||||
Pool #J21337, 2.500%, 08/01/27 | 990,972 | 997,816 | ||||||
Pool #J20729, 2.500%, 10/01/27 | 2,598,772 | 2,617,898 | ||||||
Pool #G14599, 2.500%, 11/01/27 | 4,442,552 | 4,475,341 | ||||||
Pool #J21439, 2.500%, 12/01/27 | 3,523,421 | 3,550,220 | ||||||
Pool #J22047, 2.000%, 01/01/28 | 1,288,129 | 1,257,434 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #J22862, 2.000%, 03/01/28 | 556,166 | 542,758 | ||||||
Pool #J22831, 2.500%, 03/01/28 | 5,116,875 | 5,156,499 | ||||||
Pool #J22836, 2.500%, 03/01/28 | 4,904,098 | 4,941,199 | ||||||
Pool #J23429, 2.500%, 04/01/28 | 2,465,517 | 2,484,232 | ||||||
Pool #J23430, 2.500%, 04/01/28 | 3,404,942 | 3,430,743 | ||||||
Pool #J23427, 2.500%, 04/01/28 | 3,052,211 | 3,075,403 | ||||||
Pool #G18469, 2.000%, 06/01/28 | 1,139,338 | 1,111,872 | ||||||
Pool #J24561, 2.500%, 06/01/28 | 13,684,290 | 13,792,601 | ||||||
Pool #D99439, 3.500%, 06/01/32 | 1,012,924 | 1,049,133 | ||||||
Pool #G30614, 3.500%, 12/01/32 | 6,577,420 | 6,857,199 | ||||||
Pool #A12413, 5.000%, 08/01/33 | 528,046 | 572,289 | ||||||
Pool #G05052, 5.000%, 10/01/33 | 322,670 | 348,662 | ||||||
Pool #G04918, 5.000%, 04/01/34 | 1,167,123 | 1,264,067 | ||||||
Pool #G01779, 5.000%, 04/01/35 | 643,741 | 697,105 | ||||||
Pool #G01837, 5.000%, 07/01/35 | 4,488,960 | 4,856,485 | ||||||
Pool #A37619, 4.500%, 09/01/35 | 2,237,670 | 2,382,796 | ||||||
Pool #A37900, 4.500%, 09/01/35 | 598,374 | 637,833 | ||||||
Pool #A39731, 5.000%, 11/01/35 | 1,009,439 | 1,086,100 | ||||||
Pool #G05325, 4.500%, 03/01/36 | 5,283,489 | 5,638,807 | ||||||
Pool #G02069, 5.500%, 03/01/36 | 308,335 | 334,110 | ||||||
Pool #Q01807, 4.500%, 07/01/36 | 2,570,460 | 2,739,128 | ||||||
Pool #Z40004, 6.000%, 08/01/36 | 985,924 | 1,072,989 | ||||||
Pool #G04997, 5.000%, 01/01/37 | 1,398,577 | 1,509,846 | ||||||
Pool #G05521, 5.500%, 05/01/37 | 660,745 | 717,180 | ||||||
Pool #G03551, 6.000%, 11/01/37 | 56,310 | 61,283 |
See Notes to Financial Statements.
94
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #G05326, 5.000%, 02/01/38 | 5,561,589 | 6,006,135 | ||||||
Pool #G04337, 5.500%, 04/01/38 | 807,899 | 873,658 | ||||||
Pool #G07135, 6.000%, 10/01/38 | 4,209,769 | 4,581,526 | ||||||
Pool #G08347, 4.500%, 06/01/39 | 4,922,956 | 5,251,050 | ||||||
Pool #G08353, 4.500%, 07/01/39 | 5,944,870 | 6,325,835 | ||||||
Pool #G06079, 6.000%, 07/01/39 | 1,857,456 | 2,024,622 | ||||||
Pool #A87874, 4.000%, 08/01/39 | 1,496,248 | 1,568,726 | ||||||
Pool #A89148, 4.000%, 10/01/39 | 1,193,769 | 1,248,098 | ||||||
Pool #G08372, 4.500%, 11/01/39 | 3,277,195 | 3,486,495 | ||||||
Pool #A93996, 4.500%, 09/01/40 | 1,401,157 | 1,491,266 | ||||||
Pool #A97047, 4.500%, 02/01/41 | 1,592,522 | 1,696,094 | ||||||
Pool #Q00291, 5.000%, 04/01/41 | 520,132 | 563,693 | ||||||
|
| |||||||
148,301,206 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Pool #471235, 3.120%, 05/01/22 | 361,895 | 364,279 | ||||||
Pool #AM0345, 2.460%, 08/01/22 | 881,444 | 842,244 | ||||||
Pool #AM0463, 2.720%, 09/01/22 | 1,657,199 | 1,609,671 | ||||||
Pool #AM0697, 2.420%, 10/01/22 | 510,560 | 485,301 | ||||||
Pool #AM2685, 2.670%, 03/01/23 | 1,229,392 | 1,186,594 | ||||||
Pool #AM3353, 2.450%, 05/01/23 | 725,785 | 681,754 | ||||||
Pool #AM3691, 2.540%, 06/01/23 | 1,390,347 | 1,316,760 | ||||||
Pool #AM3489, 2.560%, 06/01/23 | 1,131,160 | 1,078,891 | ||||||
Pool #AM3713, 2.610%, 06/01/23 | 950,381 | 904,270 | ||||||
Pool #AM3851, 3.020%, 07/01/23 | 4,081,000 | 3,942,866 | ||||||
Pool #AM3916, 3.080%, 07/01/23 | 2,398,474 | 2,356,650 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #AM4001, 3.590%, 07/01/23 | 1,857,000 | 1,898,915 | ||||||
Pool #AM3972, 3.000%, 08/01/23 | 2,704,765 | 2,643,583 | ||||||
Pool #AM4233, 3.440%, 08/01/23 | 1,657,114 | 1,673,791 | ||||||
Pool #AM4025, 3.650%, 08/01/23 | 376,592 | 386,771 | ||||||
Pool #AM4407, 3.650%, 09/01/23 | 4,207,000 | 4,312,415 | ||||||
Pool #AM4353, 3.740%, 09/01/23 | 5,926,000 | 6,101,253 | ||||||
Pool #932871, 3.000%, 01/01/26 | 638,333 | 661,935 | ||||||
Pool #AJ8325, 3.000%, 12/01/26 | 2,490,720 | 2,581,250 | ||||||
Pool #AL3274, 3.000%, 05/01/27 | 2,891,637 | 3,001,299 | ||||||
Pool #AB6472, 2.000%, 10/01/27 | 5,726,300 | 5,592,726 | ||||||
Pool #AB6480, 2.500%, 10/01/27 | 3,160,001 | 3,182,563 | ||||||
Pool #AB6644, 2.500%, 10/01/27 | 10,244,766 | 10,317,906 | ||||||
Pool #AQ4497, 2.500%, 11/01/27 | 1,091,804 | 1,100,275 | ||||||
Pool #AB7081, 2.500%, 11/01/27 | 815,487 | 821,310 | ||||||
Pool #AL2716, 2.000%, 12/01/27 | 1,530,541 | 1,494,839 | ||||||
Pool #AR0379, 2.000%, 12/01/27 | 1,677,931 | 1,638,791 | ||||||
Pool #AM1589, 2.420%, 12/01/27 | 1,272,253 | 1,224,862 | ||||||
Pool #AB7142, 2.500%, 12/01/27 | 1,418,714 | 1,429,722 | ||||||
Pool #AB7158, 2.500%, 12/01/27 | 1,978,131 | 1,993,485 | ||||||
Pool #AR1524, 2.000%, 01/01/28 | 12,222,523 | 11,937,416 | ||||||
Pool #AQ9956, 2.000%, 01/01/28 | 237,637 | 232,094 | ||||||
Pool #AR6867, 2.000%, 02/01/28 | 1,676,801 | 1,637,687 | ||||||
Pool #AB7795, 2.500%, 02/01/28 | 17,495,434 | 17,609,555 | ||||||
Pool #AM3557, 2.690%, 06/01/28 | 1,728,633 | 1,661,612 | ||||||
Pool #AL4042, 2.000%, 08/01/28 | 10,418,419 | 10,175,395 |
See Notes to Financial Statements.
95
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #MA0199, 4.000%, 10/01/29 | 349,853 | 370,369 | ||||||
Pool #MA0481, 4.500%, 08/01/30 | 6,192,150 | 6,709,323 | ||||||
Pool #AB1763, 4.000%, 11/01/30 | 750,926 | 801,062 | ||||||
Pool #MA0587, 4.000%, 12/01/30 | 2,340,002 | 2,495,359 | ||||||
Pool #MA0804, 4.000%, 07/01/31 | 1,722,835 | 1,836,910 | ||||||
Pool #AB4168, 3.500%, 01/01/32 | 6,111,830 | 6,349,700 | ||||||
Pool #MA0949, 3.500%, 01/01/32 | 4,326,496 | 4,494,043 | ||||||
Pool #AK4899, 3.500%, 02/01/32 | 226,785 | 235,588 | ||||||
Pool #AK4934, 3.500%, 02/01/32 | 105,022 | 109,092 | ||||||
Pool #MA0976, 3.500%, 02/01/32 | 1,502,769 | 1,560,982 | ||||||
Pool #MA1107, 3.500%, 07/01/32 | 599,902 | 622,346 | ||||||
Pool #AO3244, 3.500%, 08/01/32(c) | 2,375,182 | 2,472,537 | ||||||
Pool #AP6368, 3.500%, 09/01/32 | 3,748,770 | 3,903,608 | ||||||
Pool #AP9592, 3.500%, 10/01/32 | 4,419,677 | 4,600,845 | ||||||
Pool #AB7691, 3.500%, 01/01/33 | 2,230,689 | 2,313,957 | ||||||
Pool #AB8428, 3.500%, 02/01/33 | 4,551,157 | 4,714,080 | ||||||
Pool #255458, 5.500%, 11/01/34 | 417,222 | 455,879 | ||||||
Pool #827943, 5.000%, 05/01/35 | 762,770 | 832,911 | ||||||
Pool #843434, 5.500%, 05/01/35 | 668,120 | 729,832 | ||||||
Pool #735578, 5.000%, 06/01/35 | 6,246,163 | 6,778,103 | ||||||
Pool #357937, 6.000%, 07/01/35 | 2,488,902 | 2,735,925 | ||||||
Pool #745044, 4.500%, 08/01/35 | 1,329,558 | 1,422,343 | ||||||
Pool #190370, 6.000%, 06/01/36 | 5,395,916 | 5,919,353 | ||||||
Pool #AI7951, 4.500%, 08/01/36 | 1,434,303 | 1,530,641 | ||||||
Pool #890547, 4.000%, 11/01/36 | 3,628,372 | 3,808,036 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #745950, 6.000%, 11/01/36 | 3,671,241 | 4,023,085 | ||||||
Pool #888415, 5.000%, 12/01/36 | 1,051,755 | 1,140,918 | ||||||
Pool #995082, 5.500%, 08/01/37 | 2,171,496 | 2,365,053 | ||||||
Pool #889643, 6.000%, 03/01/38 | 423,028 | 467,247 | ||||||
Pool #889529, 6.000%, 03/01/38 | 350,423 | 383,544 | ||||||
Pool #995724, 6.000%, 04/01/39 | 2,949,700 | 3,219,051 | ||||||
Pool #932441, 4.000%, 01/01/40 | 10,238,704 | 10,736,617 | ||||||
Pool #AC9564, 4.500%, 02/01/40 | 1,242,525 | 1,334,606 | ||||||
Pool #AB1343, 4.500%, 08/01/40 | 3,186,172 | 3,431,289 | ||||||
Pool #AL0005, 4.500%, 01/01/41 | 1,519,827 | 1,623,764 | ||||||
Pool #AB2694, 4.500%, 04/01/41 | 1,581,545 | 1,708,121 | ||||||
Pool #AB3274, 4.500%, 07/01/41 | 7,915,615 | 8,500,303 | ||||||
Pool #AL1627, 4.500%, 09/01/41 | 4,831,360 | 5,172,711 | ||||||
2.000%, TBA, 15 Year Maturity(c) | 15,933,000 | 15,542,144 | ||||||
|
| |||||||
237,532,007 | ||||||||
|
| |||||||
Total U.S. Government Agency Mortgages |
| 385,833,213 | ||||||
|
| |||||||
Preferred Stocks 0.8% | ||||||||
Banks 0.5% | ||||||||
PNC Financial Services Group, Inc., | 62,150 | 1,568,666 | ||||||
US Bancorp, | 83,700 | 2,175,363 | ||||||
US Bancorp, | 85,175 | 2,294,615 | ||||||
|
| |||||||
6,038,644 | ||||||||
|
| |||||||
Insurance 0.3% | ||||||||
Arch Capital Group Ltd., Series C, 6.750%(f) | 48,575 | 1,175,029 | ||||||
Reinsurance Group of America, Inc., 6.200%(a) | 71,100 | 1,754,748 | ||||||
|
| |||||||
2,929,777 | ||||||||
|
|
See Notes to Financial Statements.
96
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Real Estate Investment Trust 0.0%(e) |
| |||||||
Public Storage, | 21,000 | 456,750 | ||||||
|
| |||||||
Total Preferred Stocks | 9,425,171 | |||||||
|
| |||||||
U.S. Treasury Obligations 24.2% |
| |||||||
U.S. Treasury Bond 3.4% | ||||||||
2.875%, 05/15/43 | 48,868,000 | 41,476,715 | ||||||
|
| |||||||
U.S. Treasury Notes 20.8% |
| |||||||
0.375%, 11/15/15(h)(i) | 22,983,000 | 22,984,793 | ||||||
0.500%, 06/15/16 | 73,021,000 | 72,952,506 | ||||||
0.750%, 02/28/18(h) | 71,708,000 | 70,318,658 | ||||||
1.375%, 07/31/18 | 19,195,000 | 19,229,493 | ||||||
2.500%, 08/15/23 | 71,335,000 | 70,610,522 | ||||||
|
| |||||||
256,095,972 | ||||||||
|
| |||||||
Total U.S. Treasury Obligations | 297,572,687 | |||||||
|
| |||||||
Short-Term Investment 0.7% |
| |||||||
RidgeWorth Funds Securities Lending Joint Account(j) | 8,876,500 | 8,876,500 | ||||||
|
| |||||||
Total Short-Term Investment | 8,876,500 | |||||||
|
| |||||||
Money Market Fund 3.3% |
| |||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(k) | 40,577,251 | 40,577,251 | ||||||
|
| |||||||
Total Money Market Fund | 40,577,251 | |||||||
|
| |||||||
Total Investments |
| 1,267,244,101 | ||||||
Liabilities in excess of other assets — (3.1)% | (38,424,664 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 1,228,819,437 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 17.9% of net assets as of September 30, 2013. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(e) | Less than 0.05% of Net Assets. |
(f) | Security is perpetual in nature and has no stated maturity. |
(g) | The security or a partial position of the security was on loan as of September 30, 2013. The total value of securities on loan as of September 30, 2013 was $8,659,584. |
(h) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(i) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for interest rate swap contracts. |
(j) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before September 30, 2013 (See Note 2(k)). |
(k) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MTN | — | Medium Term Note | ||
PIK | — | Payment in-kind | ||
REMIC | — | Real Estate Mortgage Investment Conduit | ||
TBA | — | To Be Announced. Securities purchased on a forward commitment basis with an appropriate principal amount and no definitive maturity date. The actual principal and maturity date will be determined upon settlement date. |
OTC Credit Default Swap Contract — Sell Protection
At September 30, 2013, the Fund’s open credit default swap contract was as follows:
Underlying Instrument | Counterparty | Notional Amount | Fixed Rate | Expiration Date | Implied Credit Spread* | Upfront Payments Received | Value | Unrealized Depreciation | ||||||||||||||||||||||
CDX.NA.HY.20 | JPMorgan | $13,045,000 | 1.000 | % | 09/20/18 | — | % | $(498,680) | $(498,680) | $— |
See Notes to Financial Statements.
97
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund — concluded
The notional amount represents the maximum potential amount the Fund could be required to make as seller of credit protection if a credit event occurs, as defined under the terms of swap contract, for each security included in the CDX.NA.HY.20.
The value column indicates the impact each respective swap contract has on the Fund’s Net Assets at September 30, 2013.
* | Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
Centrally Cleared Interest Rate Swap Contracts
At September 30, 2013, the Fund’s open interest rate swap contracts were as follows:
Underlying Instrument | Broker | Notional Amount | Fixed Rate | Expiration Date | Value | Unrealized Depreciation | ||||||||||||||||
GBP | JPMorgan (CME) | $4,000,000 | 1.783 | % | 09/25/18 | $(15,069 | ) | $(15,069 | ) | |||||||||||||
GBP | JPMorgan (CME) | 2,165,000 | 1.618 | 09/30/23 | — | — | ||||||||||||||||
GBP | JPMorgan (CME) | 4,000,000 | 1.815 | 09/24/18 | (25,417 | ) | (25,417 | ) | ||||||||||||||
GBP | JPMorgan (CME) | 2,165,000 | 2.793 | 09/24/23 | (30,598 | ) | (30,598 | ) | ||||||||||||||
GBP | JPMorgan (CME) | 2,165,000 | 2.760 | 09/25/23 | (20,279 | ) | (20,279 | ) | ||||||||||||||
|
|
|
| |||||||||||||||||||
$(91,363 | ) | $(91,363 | ) | |||||||||||||||||||
|
|
|
|
Forward Foreign Currency Contracts
At September 30, 2013, the Fund’s forward foreign currency contracts were as follows:
Currency | Counterparty | Delivery Date | Contract Amount in Local Currency | Contract Value in USD | Market Value | Unrealized Appreciation (Depreciation) | ||||||||||||||||
Short: | ||||||||||||||||||||||
Brazilian Real | JPMorgan | 10/02/13 | 29,315,093 | $ | 12,654,457 | $ | 13,227,042 | $ | (572,585 | ) | ||||||||||||
Brazilian Real | JPMorgan | 12/03/13 | 4,329,370 | 1,936,645 | 1,926,067 | 10,578 | ||||||||||||||||
|
|
|
|
|
| |||||||||||||||||
Total Short Contracts | $ | 14,591,102 | $ | 15,153,109 | $ | (562,007 | ) | |||||||||||||||
|
|
|
|
|
|
Currency | Counterparty | Delivery Date | Contract Amount in Local Currency | Contract Value in USD | Market Value | Unrealized Appreciation | ||||||||||||||||
Long: | ||||||||||||||||||||||
Brazilian Real | JPMorgan | 10/02/13 | 29,315,093 | $ | 12,631,616 | $ | 13,227,042 | $ | 595,426 | |||||||||||||
Brazilian Real | JPMorgan | 12/03/13 | 4,329,370 | 1,850,000 | 1,926,067 | 76,067 | ||||||||||||||||
Mexican Peso | JPMorgan | 11/19/13 | 362,950,682 | 27,597,411 | 27,618,165 | 20,754 | ||||||||||||||||
|
|
|
|
|
| |||||||||||||||||
Total Long Contracts | $ | 42,079,027 | $ | 42,771,274 | $ | 692,247 | ||||||||||||||||
|
|
|
|
|
|
As of September 30, 2013, the Fund had the following unfunded loan commitment:
Borrower | Unfunded Commitments | Unrealized Appreciation | ||||||
Altice Financing SA | $ | 66,393 | $ | 1,652 | ||||
Media General Inc. | 155,000 | 1,776 | ||||||
Power Team Services, LLC | 9,444 | 76 |
The commitments are available until the maturity date of the respective security.
See Notes to Financial Statements.
98
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ultra-Short Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Asset-Backed Securities 10.9% | ||||||||
Automobiles 8.1% |
| |||||||
Ally Auto Receivables Trust, Series 2010-4, Cl A4, 1.350%, 12/15/15 | 1,315,212 | 1,319,898 | ||||||
Ford Credit Auto Owner Trust, Series 2012-D, Cl A3, 0.510%, 04/15/17 | 1,000,000 | 998,918 | ||||||
Harley-Davidson Motorcycle Trust, Series 2011-1, Cl A3, 0.960%, 05/16/16 | 524,206 | 525,011 | ||||||
Harley-Davidson Motorcycle Trust, Series 2011-2, Cl A3, 1.110%, 09/15/16 | 480,555 | 481,741 | ||||||
Honda Auto Receivables Owner Trust, Series 2013-2, Cl A2, 0.370%, 10/16/15 | 470,000 | 469,556 | ||||||
Honda Auto Receivables Owner Trust, Series 2013-2, Cl A3, 0.530%, 02/16/17 | 950,000 | 948,370 | ||||||
Hyundai Auto Receivables Trust, Series 2011-C, Cl A4, 1.300%, 02/15/18 | 975,000 | 985,164 | ||||||
Nissan Auto Receivables 2013-A Owner Trust, Series 2013-A, Cl A2, 0.370%, 09/15/15 | 271,808 | 271,770 | ||||||
Volkswagen Auto Loan Enhanced Trust, Series 2012-1, Cl A3, 0.850%, 08/22/16 | 1,234,151 | 1,238,406 | ||||||
World Omni Auto Receivables Trust, Series 2011-A, Cl A3, 1.110%, 05/15/15 | 93,333 | 93,424 | ||||||
World Omni Auto Receivables Trust, Series 2011-A, Cl A4, 1.910%, 04/15/16 | 1,265,000 | 1,278,043 | ||||||
World Omni Auto Receivables Trust, Series 2012-B, Cl A2, 0.430%, 11/16/15 | 1,494,070 | 1,493,372 | ||||||
|
| |||||||
10,103,673 | ||||||||
|
| |||||||
Credit Card 1.3% | ||||||||
Chase Issuance Trust, Series 2013-A2, Cl A2, 0.282%, 02/15/17(a) | 1,610,000 | 1,609,549 | ||||||
|
| |||||||
Other 0.8% | ||||||||
John Deere Owner Trust, Series 2011-A, Cl A4, 1.960%, 04/16/18 | 1,000,000 | 1,010,513 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Student Loan Asset Backed Security 0.7% |
| |||||||
SLM Student Loan Trust, Series 2013-5, Cl A1, 0.487%, 05/25/18(a) | 850,000 | 850,039 | ||||||
|
| |||||||
Total Asset-Backed Security (Cost $13,579,622) | 13,573,774 | |||||||
|
| |||||||
Collateralized Mortgage Obligations 26.3% |
| |||||||
Agency Collateralized Mortgage Obligations 9.9% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3598, Cl DA, 2.750%, 11/15/14 | 17,659 | 17,654 | ||||||
Series 3792, Cl DF, REMIC, 0.582%, 11/15/40(a)(b) | 1,873,892 | 1,879,270 | ||||||
Series 3824, Cl FA, REMIC, 0.332%, 03/15/26(a) | 1,155,016 | 1,153,249 | ||||||
|
| |||||||
3,050,173 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2005-92, Cl UF, | 247,751 | 249,029 | ||||||
Series 2007-109, Cl NF, 0.729%, 12/25/37(a)(b) | 840,214 | 844,366 | ||||||
Series 2007-54, Cl KF, | 491,210 | 489,035 | ||||||
Series 2009-37, Cl HA, 4.000%, 04/25/19 | 93,583 | 97,734 | ||||||
Series 2010-134, Cl BF, 0.609%, 10/25/40(a)(b) | 1,133,679 | 1,133,412 | ||||||
Series 2011-M1, Cl FA, 0.629%, 06/25/21(a)(b) | 2,252,213 | 2,231,610 | ||||||
Series 2012-M9, Cl ASQ2, 1.513%, 12/25/17 | 350,000 | 347,985 | ||||||
Series 2013-M5, Cl ASQ2, 0.595%, 08/25/15 | 1,519,276 | 1,514,274 | ||||||
|
| |||||||
6,907,445 | ||||||||
|
| |||||||
NCUA Guaranteed Notes | ||||||||
Series 2010-R2, Cl 1A, | 879,700 | 881,107 | ||||||
Series 2011-R5, Cl 1A, | 755,400 | 756,994 | ||||||
Series 2011-R6, Cl 1A, | 683,079 | 683,933 | ||||||
|
| |||||||
2,322,034 | ||||||||
|
| |||||||
12,279,652 | ||||||||
|
|
See Notes to Financial Statements.
99
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 0.5% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3200, Cl FP, 0.382%, 08/15/36(a) | 422,318 | 419,915 | ||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2005-42, Cl PF, | 241,486 | 240,865 | ||||||
|
| |||||||
660,780 | ||||||||
|
| |||||||
Commercial Mortgage Backed Securities 15.6% |
| |||||||
Banc of America Commercial Mortgage, Inc. | ||||||||
Series 2004-1, Cl A4, | 155,738 | 156,304 | ||||||
Series 2004-3, Cl A5, | 1,264,569 | 1,280,619 | ||||||
Series 2004-6, Cl AJ, | 1,535,000 | 1,585,463 | ||||||
Series 2005-2, Cl AM, | 185,000 | 195,080 | ||||||
|
| |||||||
3,217,466 | ||||||||
|
| |||||||
Bear Stearns Commercial Mortgage Securities Trust | ||||||||
Series 2006-PW14, Cl A4, 5.201%, 12/11/38 | 550,000 | 604,424 | ||||||
|
| |||||||
COMM 2005-C6 Mortgage Trust | ||||||||
Series 2005-C6, Cl AJ, | 405,000 | 424,152 | ||||||
|
| |||||||
FDIC Structured Sale Guaranteed Notes | ||||||||
Series 2011-C1, Cl A, 1.840%, 04/25/31(a)(b)(c) | 658,360 | 661,637 | ||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2013-M11, Cl A, 1.500%, 01/25/18 | 2,229,249 | 2,251,604 | ||||||
|
| |||||||
GMAC Commercial Mortgage Securities, Inc. | ||||||||
Series 2004-C3, Cl A4, 4.547%, 12/10/41 | 462,057 | 463,202 | ||||||
|
| |||||||
JPMorgan Chase Commercial Mortgage Securities | ||||||||
Series 2004-C1, Cl A3, 4.719%, 01/15/38 | 415,574 | 417,992 | ||||||
Series 2004-CBX, Cl A5, 4.654%, 01/12/37(b) | 1,031,106 | 1,033,997 |
Shares or Principal Amount($) | Value($) | |||||||
Commercial Mortgage Backed Securities—continued |
| |||||||
Series 2005-LDP1, Cl A2, 4.625%, 03/15/46 | 135,710 | 135,830 | ||||||
Series 2005-LDP1, Cl A4, 5.038%, 03/15/46(a) | 1,255,000 | 1,304,678 | ||||||
|
| |||||||
2,892,497 | ||||||||
|
| |||||||
JPMorgan Chase Commercial Mortgage Securities Corp. | ||||||||
Series 2004-CB8, Cl A4, 4.404%, 01/12/39 | 1,403,563 | 1,408,659 | ||||||
Series 2005-LDP3, Cl A4A, 4.936%, 08/15/42(a) | 320,000 | 338,857 | ||||||
|
| |||||||
1,747,516 | ||||||||
|
| |||||||
LB Commercial Mortgage Trust | ||||||||
Series 1998-C4, Cl G, | 509,296 | 515,751 | ||||||
|
| |||||||
LB-UBS Commercial Mortgage Trust | ||||||||
Series 2004-C4, Cl A4, | 195,000 | 198,111 | ||||||
|
| |||||||
LB-UBS Commercial Mortgage Trust 2004-C7 | ||||||||
Series 2004-C7, Cl A6, 4.786%, 10/15/29(a)(b) | 1,535,000 | 1,568,793 | ||||||
|
| |||||||
Merrill Lynch Mortgage Trust | ||||||||
Series 2005-CKI1, Cl A6, 5.457%, 11/12/37(a) | 1,515,397 | 1,614,359 | ||||||
|
| |||||||
Morgan Stanley Capital I | ||||||||
Series 2004-IQ7, Cl A4, 5.520%, 06/15/38(a) | 1,144,402 | 1,164,088 | ||||||
|
| |||||||
Wachovia Bank Commercial Mortgage Trust | ||||||||
Series 2005-C20, Cl A7, 5.118%, 07/15/42(a) | 380,000 | 402,514 | ||||||
Series 2005-C22, Cl A4, 5.465%, 12/15/44(a)(b) | 1,500,000 | 1,604,453 | ||||||
|
| |||||||
2,006,967 | ||||||||
|
| |||||||
19,330,567 | ||||||||
|
| |||||||
Whole Loan Collateral Mortgage Obligation 0.3% |
| |||||||
Banc of America Mortgage Securities, Inc. | ||||||||
Series 2003-F, Cl 1A1, | 393,884 | 385,655 | ||||||
|
| |||||||
Total Collateralized Mortgage Obligations | 32,656,654 | |||||||
|
|
See Notes to Financial Statements.
100
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Corporate Bonds 49.9% | ||||||||
Advertising 0.5% |
| |||||||
Omnicom Group, Inc., 5.900%, 04/15/16 | 505,000 | 564,399 | ||||||
|
| |||||||
Auto Manufacturers 1.9% |
| |||||||
Daimler Finance North America LLC, | 960,000 | 962,160 | ||||||
General Motors Co., 3.500%, 10/02/18(c) | 640,000 | 638,400 | ||||||
Volkswagen International Finance, 0.858%, 04/01/14(a)(c) | 725,000 | 726,374 | ||||||
|
| |||||||
2,326,934 | ||||||||
|
| |||||||
Banks 9.7% |
| |||||||
Bank of America Corp., 1.070%, 03/22/16, MTN(a) | 725,000 | 727,703 | ||||||
Bank of Nova Scotia, 0.453%, 02/19/15(a) | 405,000 | 405,062 | ||||||
Branch Banking & Trust Co., 0.574%, 09/13/16(a) | 900,000 | 888,890 | ||||||
Capital One Financial Corp., 0.907%, 11/06/15(a) | 740,000 | 742,190 | ||||||
Citigroup, Inc., | 990,000 | 1,037,835 | ||||||
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18 | 1,490,000 | 1,684,303 | ||||||
JPMorgan Chase & Co., 0.882%, 02/26/16, MTN(a) | 725,000 | 726,248 | ||||||
JPMorgan Chase & Co., 6.125%, 06/27/17 | 825,000 | 937,253 | ||||||
Morgan Stanley, 1.512%, 02/25/16(a) | 720,000 | 726,327 | ||||||
Morgan Stanley, 5.375%, 10/15/15 | 465,000 | 500,030 | ||||||
PNC Funding Corp., 5.400%, 06/10/14(b) | 1,365,000 | 1,410,867 | ||||||
US Bank NA, 0.548%, 10/14/14(a) | 560,000 | 560,468 | ||||||
Wachovia Bank NA, 0.584%, 03/15/16, MTN(a) | 1,081,000 | 1,074,138 | ||||||
Wells Fargo & Co., 1.250%, 07/20/16 | 700,000 | 700,307 | ||||||
|
| |||||||
12,121,621 | ||||||||
|
| |||||||
Beverages 0.7% |
| |||||||
PepsiCo, Inc., 0.472%, 02/26/16(a) | 395,000 | 395,195 | ||||||
SABMiller Holdings, Inc., 0.955%, 08/01/18(a)(c) | 450,000 | 452,773 | ||||||
|
| |||||||
847,968 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Chemicals 1.5% |
| |||||||
Ecolab, Inc., 2.375%, 12/08/14 | 735,000 | 749,055 | ||||||
Sherwin-Williams Co. (The), 3.125%, 12/15/14 | 1,065,000 | 1,096,130 | ||||||
|
| |||||||
1,845,185 | ||||||||
|
| |||||||
Commercial Services 0.5% |
| |||||||
ERAC USA Finance LLC, 1.400%, 04/15/16(c) | 165,000 | 164,249 | ||||||
ERAC USA Finance LLC, 2.250%, 01/10/14(c) | 495,000 | 497,093 | ||||||
|
| |||||||
661,342 | ||||||||
|
| |||||||
Computers 0.5% |
| |||||||
Hewlett-Packard Co., 3.000%, 09/15/16 | 555,000 | 572,853 | ||||||
|
| |||||||
Distribution/Wholesale 0.6% |
| |||||||
Glencore Funding LLC, 1.422%, 05/27/16(a)(c) | 745,000 | 729,535 | ||||||
|
| |||||||
Diversified Financial Services 7.9% |
| |||||||
American Express Credit Corp., 0.774%, 07/29/16(a) | 1,175,000 | 1,178,621 | ||||||
Caterpillar Financial Services Corp., | 675,000 | 718,386 | ||||||
Caterpillar Financial Services Corp., | 605,000 | 618,097 | ||||||
Ford Motor Credit Co. LLC, 1.516%, 05/09/16, | 550,000 | 557,493 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 | 665,000 | 728,542 | ||||||
General Electric Capital Corp., 0.919%, 07/12/16, MTN(a) | 1,435,000 | 1,440,124 | ||||||
Hyundai Capital America, 1.875%, 08/09/16(c) | 495,000 | 497,068 | ||||||
John Deere Capital Corp., 2.000%, 01/13/17, MTN(b) | 775,000 | 793,111 | ||||||
Merrill Lynch & Co., Inc., 5.300%, 09/30/15, | 865,000 | 929,257 | ||||||
TD AMERITRADE Holding Corp., 4.150%, 12/01/14 | 1,665,000 | 1,732,592 | ||||||
Woodside Finance Ltd., 4.500%, 11/10/14(c) | 665,000 | 688,211 | ||||||
|
| |||||||
9,881,502 | ||||||||
|
| |||||||
Electric 2.7% |
| |||||||
Constellation Energy Group, Inc., 4.550%, 06/15/15 | 695,000 | 734,601 |
See Notes to Financial Statements.
101
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Electric—continued |
| |||||||
Duke Energy Corp., 6.300%, 02/01/14 | 390,000 | 397,223 | ||||||
Duke Energy Ohio, Inc., 0.399%, 03/06/15(a) | 280,000 | 280,086 | ||||||
NextEra Energy Capital Holdings, Inc., | 387,000 | 389,466 | ||||||
NextEra Energy Capital Holdings, Inc., | 500,000 | 501,107 | ||||||
Nisource Finance Corp., 5.400%, 07/15/14 | 555,000 | 574,824 | ||||||
PSEG Power LLC, 2.750%, 09/15/16 | 455,000 | 473,040 | ||||||
|
| |||||||
3,350,347 | ||||||||
|
| |||||||
Electronics 0.6% |
| |||||||
Amphenol Corp., 4.750%, 11/15/14 | 700,000 | 730,234 | ||||||
|
| |||||||
Food 2.0% |
| |||||||
ConAgra Foods, Inc., 1.300%, 01/25/16 | 735,000 | 735,766 | ||||||
General Mills, Inc., 5.200%, 03/17/15 | 585,000 | 623,279 | ||||||
Kraft Foods Group, Inc., 1.625%, 06/04/15 | 610,000 | 619,504 | ||||||
Mondelez International, Inc., 6.750%, 02/19/14 | 500,000 | 511,533 | ||||||
|
| |||||||
2,490,082 | ||||||||
|
| |||||||
Gas 0.9% |
| |||||||
Consolidated Natural Gas Co., | 525,000 | 534,707 | ||||||
Sempra Energy, 1.014%, 03/15/14(a) | 145,000 | 145,363 | ||||||
Sempra Energy, 2.000%, 03/15/14 | 405,000 | 407,559 | ||||||
|
| |||||||
1,087,629 | ||||||||
|
| |||||||
Healthcare-Services 2.0% |
| |||||||
Providence Health & Services — Washington, 1.048%, 10/01/16(a) | 1,520,000 | 1,515,087 | ||||||
WellPoint, Inc., 5.000%, 12/15/14 | 899,000 | 944,275 | ||||||
|
| |||||||
2,459,362 | ||||||||
|
| |||||||
Holding Companies-Diversified 0.5% |
| |||||||
EnCana Holdings Finance Corp., 5.800%, 05/01/14 | 660,000 | 679,148 | ||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Household Products/Wares 0.4% |
| |||||||
Kimberly-Clark Corp., | 440,000 | 440,357 | ||||||
|
| |||||||
Housewares 0.4% |
| |||||||
Newell Rubbermaid, Inc., 2.000%, 06/15/15 | 520,000 | 527,199 | ||||||
|
| |||||||
Insurance 3.4% |
| |||||||
Allstate Corp. (The), 5.000%, 08/15/14 | 644,000 | 668,934 | ||||||
Assurant, Inc., 5.625%, 02/15/14(b) | 360,000 | 366,808 | ||||||
MetLife, Inc., 2.375%, 02/06/14 | 600,000 | 604,293 | ||||||
Metropolitan Life Global Funding I, | 1,000,000 | 1,002,211 | ||||||
Metropolitan Life Global Funding I, | 220,000 | 222,973 | ||||||
Prudential Covered Trust 2012-1, | 1,372,750 | 1,415,808 | ||||||
|
| |||||||
4,281,027 | ||||||||
|
| |||||||
Media 2.9% |
| |||||||
Comcast Corp., 5.300%, 01/15/14 | 125,000 | 126,752 | ||||||
DIRECTV Holdings LLC / DIRECTV Financing Co., Inc., 4.750%, 10/01/14 | 475,000 | 493,670 | ||||||
NBCUniversal Enterprise, Inc., | 1,780,000 | 1,788,953 | ||||||
Time Warner Cable, Inc., 7.500%, 04/01/14 | 115,000 | 118,739 | ||||||
Time Warner Cable, Inc., | 400,000 | 410,597 | ||||||
Viacom, Inc., 1.250%, 02/27/15 | 725,000 | 726,962 | ||||||
|
| |||||||
3,665,673 | ||||||||
|
| |||||||
Mining 1.4% | ||||||||
BHP Billiton Finance USA Ltd., | 225,000 | 226,700 | ||||||
Freeport-McMoRan Copper & | 735,000 | 710,337 | ||||||
Rio Tinto Finance USA Ltd., | 710,000 | 744,214 | ||||||
|
| |||||||
1,681,251 | ||||||||
|
| |||||||
Oil & Gas 1.6% | ||||||||
BP Capital Markets PLC, | 1,450,000 | 1,450,712 |
See Notes to Financial Statements.
102
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Oil & Gas—continued | ||||||||
Devon Energy Corp., | 500,000 | 507,438 | ||||||
|
| |||||||
1,958,150 | ||||||||
|
| |||||||
Pharmaceuticals 0.9% | ||||||||
McKesson Corp., | 185,000 | 185,179 | ||||||
McKesson Corp., | 865,000 | 883,738 | ||||||
|
| |||||||
1,068,917 | ||||||||
|
| |||||||
Pipelines 2.2% | ||||||||
Enbridge, Inc., | 195,000 | 195,173 | ||||||
Energy Transfer Partners LP, | 690,000 | 733,556 | ||||||
Kinder Morgan Energy Partners | 79,000 | 79,684 | ||||||
Kinder Morgan Energy Partners | 575,000 | 602,423 | ||||||
Spectra Energy Capital LLC, 5.500%, 03/01/14 | 400,000 | 407,472 | ||||||
Sunoco Logistics Partners Operations LP, | 690,000 | 708,985 | ||||||
|
| |||||||
2,727,293 | ||||||||
|
| |||||||
Retail 0.5% | ||||||||
Nordstrom, Inc., | 615,000 | 639,808 | ||||||
|
| |||||||
Software 0.2% | ||||||||
Fiserv, Inc., 3.125%, 10/01/15 | 290,000 | 300,709 | ||||||
|
| |||||||
Telecommunication Services 3.2% |
| |||||||
American Tower Corp., | 670,000 | 707,613 | ||||||
BellSouth Corp., | 1,653,000 | 1,725,499 | ||||||
Cellco Partnership/Verizon Wireless Capital LLC, | 1,480,000 | 1,503,085 | ||||||
Verizon Communications, Inc., | 90,000 | 92,625 | ||||||
|
| |||||||
4,028,822 | ||||||||
|
| |||||||
Transportation 0.3% | ||||||||
Burlington Northern Santa Fe | 390,000 | 397,926 | ||||||
|
| |||||||
Total Corporate Bonds | 62,065,273 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Municipal Bond 1.2% | ||||||||
South Carolina 1.2% | ||||||||
South Carolina State Public Service Authority, Series D, RB, 1.283%, 06/01/16(a) | 1,490,000 | 1,493,963 | ||||||
|
| |||||||
Total Municipal Bond | 1,493,963 | |||||||
|
| |||||||
U.S. Government Agency Mortgages 10.1% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Pool #1Q1404, | 926,831 | 989,631 | ||||||
Pool #848852, | 1,452,837 | 1,538,526 | ||||||
|
| |||||||
2,528,157 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Pool #387206, | 1,251,877 | 1,297,222 | ||||||
Pool #AD0172, | 220,110 | 237,147 | ||||||
Pool #745935, | 1,547,017 | 1,699,418 | ||||||
Pool #745889, | 285,247 | 318,961 | ||||||
Pool #469408, | 2,785,000 | 2,784,823 | ||||||
Pool #635082, | 64,750 | 68,516 | ||||||
Pool #995542, | 491,926 | 519,739 | ||||||
Pool #AL0968, | 418,636 | 444,458 | ||||||
Pool #AD0380, | 620,600 | 656,060 | ||||||
Pool #AL0966, 2.624%, 11/01/37(a) | 473,005 | 503,154 | ||||||
Pool #AL0967, 2.488%, 04/01/38(a) | 660,359 | 699,533 | ||||||
Pool #889807, | 786,951 | 833,180 | ||||||
|
| |||||||
10,062,211 | ||||||||
|
| |||||||
Total U.S. Government Agency Mortgages | 12,590,368 | |||||||
|
|
See Notes to Financial Statements.
103
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Ultra-Short Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 5.5% | ||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00%(e) | 6,778,165 | 6,778,165 | ||||||
|
| |||||||
Total Money Market Fund | 6,778,165 | |||||||
|
| |||||||
Total Investments | 129,158,197 | |||||||
Liabilities in excess of other assets — (3.9)% | (4,818,216 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 124,339,981 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 9.4% of net assets as of September 30, 2013. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
MTN | — | Medium Term Note | ||
RB | — | Revenue Bond | ||
REMIC | — | Real Estate Mortgage Investment Conduit |
At September 30, 2013, the Fund’s open futures contracts was as follows:
Description | Position | Notional Amount | Expiration Month | Contracts | Unrealized Depreciation | |||||||||||||
U.S. Treasury 5 Year Note | Short | $ | (5,988,732 | ) | December 2013 | 50 | $ | (63,612 | ) | |||||||||
|
|
See Notes to Financial Statements.
104
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
U.S. Government Securities Fund
Shares or Principal Amount($) | Value($) | |||||||
U.S. Treasury Obligations 97.5% | ||||||||
U.S. Treasury Bonds 17.0% |
| |||||||
7.125%, 02/15/23 | 1,376,000 | 1,915,113 | ||||||
6.000%, 02/15/26 | 226,000 | 298,885 | ||||||
4.500%, 02/15/36 | 1,390,000 | 1,606,319 | ||||||
2.875%, 05/15/43 | 1,305,000 | 1,107,619 | ||||||
|
| |||||||
4,927,936 | ||||||||
|
| |||||||
U.S. Treasury Notes 80.5% |
| |||||||
0.375%, 03/15/15 | 3,700,000 | 3,708,817 | ||||||
0.375%, 11/15/15 | 6,672,000 | 6,672,520 | ||||||
0.500%, 06/15/16 | 650,000 | 649,390 | ||||||
1.000%, 03/31/17 | 4,330,000 | 4,349,957 | ||||||
0.750%, 03/31/18 | 4,600,000 | 4,502,250 | ||||||
2.625%, 08/15/20 | 3,275,000 | 3,418,026 | ||||||
|
| |||||||
23,300,960 | ||||||||
|
| |||||||
Total U.S. Treasury Obligations (Cost $28,093,604) | 28,228,896 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 2.2% |
| |||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(a) | 635,982 | 635,982 | ||||||
|
| |||||||
Total Money Market Fund (Cost $635,982) | 635,982 | |||||||
|
| |||||||
Total Investments (Cost $28,729,586) — 99.7% | 28,864,878 | |||||||
Other assets in excess of liabilities — 0.3% | 83,186 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 28,948,064 | ||||||
|
|
(a) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
See Notes to Financial Statements.
105
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
U.S. Government Securities Ultra-Short Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Asset-Backed Security 0.1% | ||||||||
Student Loan Asset Backed Security 0.1% |
| |||||||
SMS Student Loan Trust, Series 1999-B, Cl A2, | 1,873,538 | 1,870,495 | ||||||
|
| |||||||
Total Asset-Backed Security | 1,870,495 | |||||||
|
| |||||||
Collateralized Mortgage Obligations 29.9% |
| |||||||
Agency Collateralized Support Class Mortgage Obligations 0.0%(b) |
| |||||||
Federal National Mortgage Association | ||||||||
Series 1994-22, Cl F, REMIC, | 587,469 | 598,604 | ||||||
|
| |||||||
Agency Collateralized Mortgage Obligations 20.6% |
| |||||||
Federal Home Loan Bank | ||||||||
Series Y2-2015, Cl 1, 2.600%, 04/20/15 | 2,528,179 | 2,590,205 | ||||||
|
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3000, Cl FG, 0.482%, 07/15/25(a) | 3,116,157 | 3,120,065 | ||||||
Series 3065, Cl DF, REMIC, 0.562%, 04/15/35(a) | 39,869,287 | 39,925,861 | ||||||
Series 3135, Cl FC, 0.482%, 04/15/26(a) | 2,676,060 | 2,681,010 | ||||||
Series 3232, Cl KF, 0.632%, 10/15/36(a)(c) | 3,809,844 | 3,816,210 | ||||||
Series 3264, Cl FB, 0.552%, 01/15/37(a) | 2,223,548 | 2,220,704 | ||||||
Series 3320, Cl FC, 0.352%, 05/15/37(a)(c) | 6,789,572 | 6,767,839 | ||||||
Series 3450, Cl AF, 0.892%, 05/15/38(a)(c) | 2,606,245 | 2,620,384 | ||||||
Series 3511, Cl FA, 1.182%, 02/15/39(a)(c) | 9,523,959 | 9,609,456 | ||||||
Series 3574, Cl MA, 4.000%, 09/15/21 | 2,711,222 | 2,817,150 | ||||||
Series 3593, Cl F, 0.687%, 03/15/36(a) | 6,413,486 | 6,500,659 | ||||||
Series 3792, Cl DF, REMIC, 0.582%, 11/15/40(a) | 4,815,702 | 4,829,523 | ||||||
Series 3812, Cl BE, 2.750%, 09/15/18 | 6,397,619 | 6,530,709 | ||||||
Series 3824, Cl FA, REMIC, 0.332%, 03/15/26(a) | 17,674,835 | 17,647,793 | ||||||
Series K501, Cl A1, 1.337%, 06/25/16 | 1,982,669 | 1,999,670 | ||||||
|
| |||||||
111,087,033 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Agency Collateralized Mortgage Obligations—continued |
| |||||||
Federal National Mortgage Association | ||||||||
Series 2005-40, Cl FB, 0.429%, 05/25/35(a) | 2,345,440 | 2,342,060 | ||||||
Series 2005-92, Cl UF, 0.529%, 10/25/25(a) | 2,949,032 | 2,964,246 | ||||||
Series 2006-84, Cl FQ, 0.729%, 09/25/36(a)(c) | 4,267,796 | 4,287,440 | ||||||
Series 2007-102, Cl FA, 0.749%, 11/25/37(a)(c) | 5,417,257 | 5,434,603 | ||||||
Series 2007-109, Cl NF, 0.729%, 12/25/37(a)(c) | 11,519,821 | 11,576,752 | ||||||
Series 2007-2, Cl FM, 0.429%, 02/25/37(a) | 2,080,720 | 2,074,806 | ||||||
Series 2007-30, Cl WF, 0.419%, 04/25/37(a) | 13,298,956 | 13,273,928 | ||||||
Series 2007-4, Cl DF, 0.624%, 02/25/37(a)(c) | 1,557,115 | 1,551,735 | ||||||
Series 2007-54, Cl KF, 0.489%, 06/25/37(a) | 6,341,078 | 6,312,993 | ||||||
Series 2007-88, CI JF, 0.729%, 04/25/37(a)(c) | 8,424,346 | 8,494,016 | ||||||
Series 2008-18, Cl FE, 0.909%, 03/25/38(a)(c) | 3,214,488 | 3,226,838 | ||||||
Series 2009-37, Cl HA, 4.000%, 04/25/19 | 245,148 | 256,021 | ||||||
Series 2010-134, Cl BF, 0.609%, 10/25/40(a) | 12,179,838 | 12,176,976 | ||||||
Series 2010-42, Cl AF, 0.779%, 05/25/40(a) | 7,255,614 | 7,294,279 | ||||||
Series 2011-38, Cl AH, 2.750%, 05/25/20 | 4,879,638 | 4,978,972 | ||||||
Series 2011-M1, Cl FA, 0.629%, 06/25/21(a)(c) | 48,255,403 | 47,813,962 | ||||||
Series 2012-142, Cl AC, REMIC, | 10,000,000 | 10,192,830 | ||||||
Series 2012-M11, Cl FA, 0.715%, 08/25/19(a) | 18,333,585 | 18,291,436 | ||||||
Series 2012-M9, Cl ASQ2, 1.513%, 12/25/17 | 6,770,081 | 6,731,099 | ||||||
|
| |||||||
169,274,992 | ||||||||
|
| |||||||
Mortgage-Linked Amortizing Notes | ||||||||
Series 2012-1, Cl A10, 2.060%, 01/15/22 | 11,533,401 | 11,626,141 | ||||||
|
| |||||||
NCUA Guaranteed Notes | ||||||||
Series 2010-R1, Cl 1A, 0.632%, 10/07/20(a) | 26,117,934 | 26,267,590 | ||||||
Series 2010-R1, Cl 2A, 1.840%, 10/07/20 | 4,298,535 | 4,306,617 |
See Notes to Financial Statements.
106
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
U.S. Government Securities Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Agency Collateralized Mortgage Obligations—continued |
| |||||||
Series 2010-R2, Cl 1A, 0.552%, 11/06/17(a) | 22,468,410 | 22,504,359 | ||||||
Series 2011-C1, Cl 2A, 0.712%, 03/09/21(a)(c) | 25,060,608 | 25,199,895 | ||||||
Series 2011-R1, Cl 1A, 0.632%, 01/08/20(a) | 16,924,803 | 16,857,104 | ||||||
Series 2011-R2, Cl 1A, 0.582%, 02/06/20(a) | 30,458,731 | 30,611,025 | ||||||
Series 2011-R4, Cl 1A, 0.562%, 03/06/20(a) | 28,675,862 | 28,747,265 | ||||||
Series 2011-R5, Cl 1A, 0.562%, 04/06/20(a) | 2,398,095 | 2,403,155 | ||||||
Series 2011-R6, Cl 1A, 0.562%, 05/07/20(a) | 10,295,747 | 10,308,616 | ||||||
|
| |||||||
167,205,626 | ||||||||
|
| |||||||
461,783,997 | ||||||||
|
| |||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 3.2% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series 3200, Cl FP, 0.382%, 08/15/36(a)(c) | 6,254,664 | 6,219,081 | ||||||
Series 3925, Cl FD, REMIC, 0.632%, 07/15/40(a) | 3,763,476 | 3,765,372 | ||||||
Series 4080, Cl NF, REMIC, 0.432%, 05/15/32(a) | 15,199,635 | 15,214,029 | ||||||
|
| |||||||
25,198,482 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2003-73, Cl DF, 0.629%, 10/25/32(a) | 2,791,546 | 2,796,738 | ||||||
Series 2005-42, Cl PF, 0.379%, 05/25/35(a) | 3,433,360 | 3,424,523 | ||||||
Series 2005-57, Cl EG, 0.479%, 03/25/35(a) | 2,935,528 | 2,935,152 | ||||||
Series 2006-123, Cl PF, 0.439%, 01/25/37(a)(c) | 9,956,563 | 9,896,774 | ||||||
Series 2006-79, Cl GF, 0.579%, 08/25/36(a)(c) | 20,804,910 | 20,874,606 | ||||||
Series 2008-24, Cl PF, REMIC, 0.829%, 02/25/38(a) | 4,165,783 | 4,216,084 | ||||||
|
| |||||||
44,143,877 | ||||||||
|
| |||||||
Government National Mortgage Association | ||||||||
Series 2009-69, Cl PV, REMIC, 4.000%, 08/20/39 | 2,058,432 | 2,181,238 | ||||||
|
| |||||||
71,523,597 | ||||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Commercial Mortgage Backed Securities 6.1% |
| |||||||
FDIC Structured Sale Guaranteed Notes | ||||||||
Series 2011-C1, Cl A, 1.840%, 04/25/31(a)(c)(d) | 13,933,408 | 14,002,769 | ||||||
|
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Series K705, Cl A1, 1.626%, 07/25/18 | 3,064,064 | 3,097,392 | ||||||
Series K706, Cl A1, 1.691%, 06/25/18 | 2,337,333 | 2,369,116 | ||||||
Series KF01, Cl A, 0.529%, 04/25/19(a) | 16,681,008 | 16,686,345 | ||||||
|
| |||||||
22,152,853 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Series 2010-M4, Cl A1, 2.520%, 06/25/20 | 3,025,024 | 3,121,749 | ||||||
Series 2012-M13, Cl ASQ1, 1.012%, 08/25/17 | 3,736,306 | 3,744,671 | ||||||
Series 2012-M17, Cl ASQ2, 0.953%, 11/25/15 | 25,614,858 | 25,707,046 | ||||||
Series 2013-M1, Cl ASQ2, 1.074%, 11/25/16 | 20,000,000 | 19,900,880 | ||||||
Series 2013-M11, Cl A, 1.500%, 01/25/18 | 9,974,268 | 10,074,290 | ||||||
Series 2013-M12, Cl A, 1.532%, 10/25/17(e) | 39,405,000 | 39,397,513 | ||||||
|
| |||||||
101,946,149 | ||||||||
|
| |||||||
138,101,771 | ||||||||
|
| |||||||
Total Collateralized Mortgage Obligations | 672,007,969 | |||||||
|
| |||||||
U.S. Government Agency Mortgages 62.1% |
| |||||||
Federal Home Loan Mortgage Corporation | ||||||||
Pool #G14516, 3.500%, 05/01/27(c) | 13,142,479 | 13,825,362 | ||||||
Pool #972122, 2.100%, 06/01/33(a) | 40,203 | 41,079 | ||||||
Pool #847615, 2.555%, 07/01/33(a)(c) | 6,599,026 | 7,032,937 | ||||||
Pool #781028, 2.349%, 11/01/33(a) | 4,072,041 | 4,252,121 | ||||||
Pool #1B8683, 2.739%, 04/01/34(a)(c) | 19,675,555 | 20,894,557 | ||||||
Pool #848744, 2.676%, 05/01/34(a) | 26,453,834 | 28,105,777 | ||||||
Pool #847308, 2.443%, 07/01/34(a) | 254,040 | 269,647 |
See Notes to Financial Statements.
107
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
U.S. Government Securities Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #1B1889, 2.543%, 07/01/34(a)(c) | 26,108,049 | 27,583,898 | ||||||
Pool #847991, 2.351%, 03/01/35(a) | 13,597,041 | 14,396,512 | ||||||
Pool #848736, 2.658%, 05/01/35(a)(c) | 42,178,452 | 44,777,261 | ||||||
Pool #848797, 2.594%, 07/01/35(a) | 5,802,707 | 6,136,321 | ||||||
Pool #1L0256, 2.380%, 11/01/35(a)(c) | 5,634,455 | 5,921,508 | ||||||
Pool #1Q0025, 2.638%, 02/01/36(a) | 5,110,119 | 5,428,251 | ||||||
Pool #1H2602, 2.350%, 03/01/36(a) | 5,090,045 | 5,390,111 | ||||||
Pool #1N0169, 1.998%, 07/01/36(a) | 728,344 | 771,008 | ||||||
Pool #1Q1407, 2.398%, 07/01/36(a)(c) | 15,100,951 | 16,028,572 | ||||||
Pool #848747, 2.668%, 07/01/36(a) | 25,283,918 | 26,965,026 | ||||||
Pool #848795, 2.669%, 10/01/36(a) | 2,722,295 | 2,896,805 | ||||||
Pool #848569, 2.432%, 11/01/36(a)(c) | 21,469,483 | 22,601,834 | ||||||
Pool #848133, 2.760%, 11/01/36(a) | 1,862,813 | 1,978,068 | ||||||
Pool #1G2585, 3.135%, 12/01/36(a) | 173,885 | 185,094 | ||||||
Pool #1Q1404, 2.644%, 01/01/37(a) | 17,738,051 | 18,939,948 | ||||||
Pool #1J0331, 2.837%, 03/01/37(a) | 750,088 | 804,573 | ||||||
Pool #1Q1195, 2.419%, 05/01/37(a)(c) | 22,389,251 | 23,702,592 | ||||||
Pool #848796, 2.682%, 05/01/37(a)(c) | 42,816,403 | 45,437,126 | ||||||
Pool #1Q1282, 2.147%, 07/01/37(a) | 5,428,719 | 5,744,959 | ||||||
Pool #1N1664, 2.400%, 07/01/37(a) | 5,779,675 | 6,164,537 | ||||||
Pool #1J0533, 2.617%, 07/01/37(a) | 32,928 | 35,094 | ||||||
Pool #848852, 2.634%, 08/01/37(a) | 31,040,209 | 32,870,986 | ||||||
Pool #1Q0652, 2.377%, 02/01/38(a) | 2,918,842 | 3,102,278 | ||||||
Pool #1Q1405, 3.140%, 04/01/39(a) | 6,130,857 | 6,540,556 | ||||||
Pool #1Q1420, 2.885%, 09/01/39(a) | 24,653,746 | 26,354,165 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #1B4755, 3.517%, 06/01/40(a)(c) | 6,146,944 | 6,507,961 | ||||||
|
| |||||||
431,686,524 | ||||||||
|
| |||||||
Federal National Mortgage Association | ||||||||
Pool #555806, 5.259%, 10/01/13 | 587,336 | 588,928 | ||||||
Pool #555850, 4.724%, 11/01/13 | 423,356 | 423,217 | ||||||
Pool #725324, 5.413%, 11/01/13 | 12,290 | 12,284 | ||||||
Pool #386742, 4.870%, 01/01/14 | 4,636,389 | 4,692,233 | ||||||
Pool #AD0192, 4.910%, 01/01/14 | 335,735 | 335,622 | ||||||
Pool #958216, 5.370%, 01/01/14 | 2,899,905 | 2,898,945 | ||||||
Pool #958368, 4.710%, 03/01/14 | 13,059,913 | 13,056,848 | ||||||
Pool #386925, 4.360%, 04/01/14 | 416,605 | 417,777 | ||||||
Pool #958806, 3.850%, 05/01/14 | 935,809 | 938,749 | ||||||
Pool #958789, 3.920%, 06/01/14 | 8,159,780 | 8,207,889 | ||||||
Pool #462846, 4.150%, 07/01/14 | 1,783,080 | 1,800,282 | ||||||
Pool #AD0173, 3.883%, 08/01/14 | 1,235,202 | 1,238,589 | ||||||
Pool #735028, 5.747%, 09/01/14 | 4,864,861 | 4,970,772 | ||||||
Pool #735387, 4.908%, 04/01/15 | 139,177 | 145,071 | ||||||
Pool #735953, 4.997%, 08/01/15 | 23,160 | 24,496 | ||||||
Pool #462011, 5.155%, 08/01/15 | 139,180 | 146,177 | ||||||
Pool #465821, 2.900%, 09/01/15 | 1,046,072 | 1,080,661 | ||||||
Pool #387590, 4.900%, 09/01/15 | 1,962,764 | 2,082,972 | ||||||
Pool #462018, 5.365%, 09/01/15 | 439,498 | 464,063 | ||||||
Pool #466111, 2.030%, 10/01/15 | 11,310,000 | 11,309,308 | ||||||
Pool #465951, 2.040%, 10/01/15 | 6,621,541 | 6,621,115 | ||||||
Pool #465952, 2.040%, 10/01/15 | 8,371,197 | 8,370,658 |
See Notes to Financial Statements.
108
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
U.S. Government Securities Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #466534, 2.040%, 11/01/15 | 1,295,000 | 1,324,954 | ||||||
Pool #745100, 4.849%, 11/01/15 | 7,061,053 | 7,492,188 | ||||||
Pool #462085, 5.315%, 11/01/15 | 4,698,634 | 5,036,909 | ||||||
Pool #387740, 5.245%, 12/01/15 | 1,153,762 | 1,242,599 | ||||||
Pool #467123, 2.760%, 01/01/16 | 12,500,000 | 12,947,103 | ||||||
Pool #467141, 2.780%, 01/01/16 | 6,835,987 | 7,091,159 | ||||||
Pool #467080, 3.090%, 01/01/16 | 15,270,000 | 15,864,848 | ||||||
Pool #467200, 3.360%, 01/01/16 | 4,801,344 | 4,865,446 | ||||||
Pool #745504, 5.134%, 02/01/16(c) | 10,380,088 | 11,175,856 | ||||||
Pool #745530, 5.273%, 04/01/16 | 127,223 | 137,862 | ||||||
Pool #467607, 3.090%, 05/01/16 | 4,935,781 | 5,151,633 | ||||||
Pool #745727, 5.261%, 05/01/16 | 4,727,501 | 5,069,624 | ||||||
Pool #380240, 6.590%, 05/01/16 | 849,055 | 846,271 | ||||||
Pool #468647, 2.260%, 07/01/16(c) | 17,930,000 | 18,516,316 | ||||||
Pool #462237, 5.525%, 07/01/16 | 157,238 | 175,022 | ||||||
Pool #745764, 5.724%, 07/01/16 | 12,360,286 | 13,673,136 | ||||||
Pool #468795, 2.470%, 08/01/16 | 15,200,000 | 15,783,105 | ||||||
Pool #463420, 4.050%, 09/01/16 | 6,349,264 | 6,560,668 | ||||||
Pool #888015, 5.537%, 11/01/16 | 525,405 | 580,394 | ||||||
Pool #469673, 2.080%, 12/01/16 | 5,135,000 | 5,277,236 | ||||||
Pool #470340, 2.090%, 01/01/17 | 4,523,829 | 4,648,072 | ||||||
Pool #735745, 4.992%, 01/01/17 | 74,112 | 77,083 | ||||||
Pool #874903, 5.520%, 05/01/17 | 971,637 | 1,089,520 | ||||||
Pool #889232, 5.495%, 06/01/17 | 3,029,648 | 3,406,191 | ||||||
Pool #888969, 5.932%, 11/01/17 | 3,069,708 | 3,538,969 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #467288, 2.800%, 03/01/18 | 1,070,115 | 1,119,149 | ||||||
Pool #AM3464, 1.180%, 05/01/18 | 17,165,000 | 16,719,627 | ||||||
Pool #AM3462, 1.360%, 05/01/18 | 11,920,172 | 11,610,527 | ||||||
Pool #AL0561, 3.738%, 06/01/18 | 14,713,464 | 16,000,245 | ||||||
Pool #469334, 0.617%, 10/01/18(a) | 12,790,000 | 12,783,567 | ||||||
Pool #469482, 1.017%, 10/01/18(a) | 13,420,000 | 13,418,857 | ||||||
Pool #469408, 0.937%, 11/01/18(a)(c) | 38,075,000 | 38,072,585 | ||||||
Pool #AM1828, 0.487%, 12/01/19(a) | 17,500,000 | 17,472,524 | ||||||
Pool #466804, 0.767%, 12/01/20(a) | 13,370,000 | 13,358,915 | ||||||
Pool #470556, 0.887%, 12/01/20(a) | 21,070,000 | 21,052,014 | ||||||
Pool #469856, 0.977%, 12/01/21(a)(c) | 17,690,000 | 17,693,956 | ||||||
Pool #AM0400, 0.667%, 08/01/22(a) | 17,500,000 | 17,498,039 | ||||||
Pool #AM1102, 0.482%, 10/01/22(a) | 26,750,000 | 26,645,430 | ||||||
Pool #AM1444, 0.452%,��11/01/22(a) | 13,032,434 | 12,982,426 | ||||||
Pool #AM1796, 0.487%, 12/01/22(a) | 19,623,653 | 19,550,386 | ||||||
Pool #AM2292, 0.537%, 01/01/23(a) | 37,277,234 | 37,248,563 | ||||||
Pool #AM2923, 0.527%, 04/01/23(a) | 17,335,000 | 17,321,168 | ||||||
Pool #AP6765, 2.500%, 09/01/27 | 4,798,377 | 4,832,629 | ||||||
Pool #AP6769, 2.500%, 09/01/27 | 1,944,731 | 1,958,610 | ||||||
Pool #AP6771, 2.500%, 10/01/27 | 2,879,803 | 2,898,558 | ||||||
Pool #635082, 2.249%, 05/01/32(a) | 73,669 | 77,953 | ||||||
Pool #604921, 2.123%, 10/01/32(a) | 92,140 | 97,608 | ||||||
Pool #671993, 2.481%, 12/01/32(a) | 14,214 | 14,537 | ||||||
Pool #AE0044, 1.797%, 03/01/33(a) | 2,232,451 | 2,405,552 | ||||||
Pool #689966, 2.260%, 04/01/33(a) | 885,874 | 938,616 |
See Notes to Financial Statements.
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
U.S. Government Securities Ultra-Short Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #555468, 2.362%, 05/01/33(a) | 237,030 | 250,492 | ||||||
Pool #711466, 2.755%, 05/01/33(a) | 31,311 | 31,436 | ||||||
Pool #733703, 2.249%, 08/01/33(a) | 3,137,732 | 3,365,688 | ||||||
Pool #555756, 2.430%, 08/01/33(a) | 2,442,824 | 2,594,469 | ||||||
Pool #725126, 2.709%, 12/01/33(a) | 2,322,745 | 2,460,058 | ||||||
Pool #793025, 1.941%, 07/01/34(a) | 924,580 | 983,004 | ||||||
Pool #AL0222, 2.322%, 07/01/34(a) | 15,989,331 | 16,929,894 | ||||||
Pool #801510, 1.909%, 08/01/34(a) | 1,505,416 | 1,569,984 | ||||||
Pool #794939, 1.760%, 10/01/34(a) | 27,879 | 28,898 | ||||||
Pool #745707, 2.446%, 12/01/34(a) | 12,291,115 | 12,980,693 | ||||||
Pool #AD0064, 1.953%, 01/01/35(a) | 15,164,463 | 16,064,067 | ||||||
Pool #805338, 2.280%, 01/01/35(a) | 157,274 | 164,908 | ||||||
Pool #813718, 2.321%, 01/01/35(a) | 11,876,807 | 12,508,864 | ||||||
Pool #809384, 2.340%, 01/01/35(a) | 400,489 | 424,371 | ||||||
Pool #809772, 2.334%, 02/01/35(a)(c) | 290,930 | 305,034 | ||||||
Pool #820598, 1.827%, 03/01/35(a) | 759,790 | 803,016 | ||||||
Pool #814686, 2.100%, 03/01/35(a) | 201,821 | 205,321 | ||||||
Pool #735545, 2.470%, 03/01/35(a) | 3,748,908 | 3,992,241 | ||||||
Pool #995609, 2.615%, 04/01/35(a) | 2,973,197 | 3,163,489 | ||||||
Pool #822302, 2.705%, 05/01/35(a) | 5,152,111 | 5,473,368 | ||||||
Pool #821373, 2.340%, 06/01/35(a) | 919,989 | 967,124 | ||||||
Pool #735766, 2.243%, 07/01/35(a) | 1,061,197 | 1,138,856 | ||||||
Pool #735810, 2.917%, 08/01/35(a) | 1,507,441 | 1,605,429 | ||||||
Pool #817467, 1.913%, 09/01/35(a) | 3,887,598 | 4,118,868 | ||||||
Pool #829334, 2.357%, 09/01/35(a) | 78,589 | 82,726 |
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #AL0505, 2.430%, 11/01/35(a) | 14,139,133 | 14,907,470 | ||||||
Pool #AD0377, 1.964%, 01/01/36(a) | 3,115,658 | 3,301,060 | ||||||
Pool #995540, 2.300%, 01/01/36(a)(c) | 9,746,923 | 10,327,357 | ||||||
Pool #888722, 2.385%, 01/01/36(a) | 2,839,281 | 2,958,695 | ||||||
Pool #995542, 2.434%, 02/01/36(a) | 5,824,398 | 6,153,708 | ||||||
Pool #AE0329, 2.248%, 06/01/36(a) | 2,171,450 | 2,295,073 | ||||||
Pool #AL2202, 2.545%, 06/01/36(a) | 14,004,410 | 14,844,262 | ||||||
Pool #AL0854, 2.603%, 06/01/36(a) | 8,802,421 | 9,312,263 | ||||||
Pool #AL1535, 2.668%, 06/01/36(a)(c) | 23,436,338 | 25,002,443 | ||||||
Pool #888859, 2.525%, 10/01/36(a)(c) | 1,058,923 | 1,108,591 | ||||||
Pool #745975, 2.256%, 11/01/36(a) | 3,295,233 | 3,501,474 | ||||||
Pool #AA3517, 2.331%, 11/01/36(a) | 8,357,562 | 8,831,842 | ||||||
Pool #903166, 2.400%, 11/01/36(a) | 3,187,836 | 3,375,823 | ||||||
Pool #917290, 2.421%, 11/01/36(a) | 4,163,042 | 4,396,314 | ||||||
Pool #909313, 1.963%, 12/01/36(a) | 1,658,542 | 1,754,208 | ||||||
Pool #AL0968, 2.546%, 12/01/36(a) | 21,904,109 | 23,255,190 | ||||||
Pool #905857, 2.735%, 12/01/36(a) | 165,059 | 176,607 | ||||||
Pool #888180, 2.542%, 01/01/37(a) | 3,305,137 | 3,473,365 | ||||||
Pool #906216, 2.555%, 01/01/37(a) | 2,483,879 | 2,659,944 | ||||||
Pool #535990, 2.368%, 04/01/37(a) | 766,332 | 815,974 | ||||||
Pool #AA3518, 2.372%, 05/01/37(a) | 10,123,714 | 10,699,379 | ||||||
Pool #AL0872, 1.992%, 07/01/37(a) | 4,941,504 | 5,236,860 | ||||||
Pool #AL0960, 2.512%, 07/01/37(a)(c) | 22,842,810 | 24,115,955 | ||||||
Pool #995059, 2.415%, 08/01/37(a) | 2,061,306 | 2,190,959 | ||||||
Pool #AL1306, 2.507%, 09/01/37(a) | 9,647,276 | 10,210,122 |
See Notes to Financial Statements.
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
U.S. Government Securities Ultra-Short Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
U.S. Government Agency Mortgages—continued |
| |||||||
Pool #AE0427, 2.337%, 10/01/37(a) | 8,507,916 | 9,012,611 | ||||||
Pool #AD0380, 2.499%, 10/01/37(a) | 11,805,582 | 12,480,138 | ||||||
Pool #AE0332, 2.516%, 11/01/37(a) | 7,875,186 | 8,316,886 | ||||||
Pool #AL0966, 2.624%, 11/01/37(a) | 7,508,011 | 7,986,564 | ||||||
Pool #AL0967, 2.488%, 04/01/38(a) | 20,923,465 | 22,164,710 | ||||||
Pool #889807, 2.420%, 08/01/38(a) | 11,641,623 | 12,325,503 | ||||||
Pool #AL0270, 2.458%, 08/01/38(a) | 17,851,815 | 18,879,103 | ||||||
Pool #AE0107, 2.496%, 10/01/38(a) | 4,356,928 | 4,658,082 | ||||||
Pool #AE0279, 2.535%, 11/01/38(a) | 1,865,803 | 1,987,017 | ||||||
Pool #AE0057, 2.753%, 02/01/39(a) | 7,003,002 | 7,476,017 | ||||||
Pool #AE0066, 2.291%, 09/01/39(a)(c) | 22,556,387 | 23,873,640 | ||||||
Pool #725874, 2.348%, 09/01/39(a) | 98,692 | 104,444 | ||||||
|
| |||||||
961,552,812 | ||||||||
|
| |||||||
NCUA Guaranteed Notes Trust 2010-A1 | ||||||||
Series 2010-A1, Cl A, | 2,329,841 | 2,332,310 | ||||||
|
| |||||||
Total U.S. Government Agency Mortgages (Cost $1,375,585,442) | 1,395,571,646 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 7.7% |
| |||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00%(f) | 172,606,641 | 172,606,641 | ||||||
|
| |||||||
Total Money Market Fund (Cost $172,606,641) | 172,606,641 | |||||||
|
| |||||||
Total Investments |
| 2,242,056,751 | ||||||
Other assets in excess of liabilities — 0.2% | 5,240,469 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 2,247,297,220 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of September 30, 2013. |
(b) | Less than 0.05% of Net Assets. |
(c) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(d) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 0.6% of net assets as of September 30, 2013. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
CMO | — | Collateralized Mortgage Obligations. | ||
REMIC | — | Real Estate Mortgage Investment Conduit |
Open Futures Contracts
At September 30, 2013, the Fund’s open futures contracts was as follows:
Description | Position | Notional Amount | Expiration Month | Contracts | Unrealized Depreciation | |||||||||||||
U.S. Treasury 10 Year Note | Short | $(24,853,991) | December 2013 | 200 | $(424,134) | |||||||||||||
U.S. Treasury 5 Year Note | Short | (35,872,394) | December 2013 | 300 | (441,669) | |||||||||||||
|
| |||||||||||||||||
$(865,803) | ||||||||||||||||||
|
|
See Notes to Financial Statements.
111
Table of Contents
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Virginia Intermediate Municipal Bond Fund
Shares or Principal Amount($) | Value($) | |||||||
Municipal Bonds 97.3% | ||||||||
Alabama 0.4% | ||||||||
Birmingham, Series A, GO, | 645,000 | 558,809 | ||||||
|
| |||||||
California 3.9% | ||||||||
California State, GO, | 1,945,000 | 2,301,538 | ||||||
California State, GO, | 3,250,000 | 3,407,917 | ||||||
|
| |||||||
5,709,455 | ||||||||
|
| |||||||
District of Columbia 4.8% | ||||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series A, RB, | 2,500,000 | 2,647,375 | ||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series B, RB, | 2,175,000 | 2,388,063 | ||||||
Washington D.C. Metropolitan Area Transit Authority, Gross Revenue, Series A, RB, | 2,000,000 | 2,115,540 | ||||||
|
| |||||||
7,150,978 | ||||||||
|
| |||||||
North Carolina 0.7% | ||||||||
North Carolina State Capital Facilities Finance Agency, Educational Facilities, RB, | 1,030,000 | 1,032,534 | ||||||
|
| |||||||
Virginia 87.5% | ||||||||
Arlington County, GO, 5.000%, 03/15/15, | 4,500,000 | 4,811,220 | ||||||
Arlington County, Series A, GO, | 1,500,000 | 1,808,385 | ||||||
Bedford County Economic Development Authority, Public Facilities Lease, RB, | 255,000 | 279,521 | ||||||
Fairfax County Economic Development Authority, RB, | 3,700,000 | 4,207,270 | ||||||
Fairfax County Industrial Development Authority, RB, | 2,810,000 | 2,861,086 | ||||||
Fairfax County Industrial Development Authority, | 1,300,000 | 1,399,515 |
Shares or Principal Amount($) | Value($) | |||||||
Virginia—continued | ||||||||
Fauquier County, GO, 5.000%, 07/01/19, Pre-refunded 07/01/2016 @ 100, NATL-RE | 2,100,000 | 2,350,026 | ||||||
Greater Richmond Convention Center Authority, Hotel Tax, RB, 5.000%, 06/15/16, NATL-RE | 2,855,000 | 3,045,486 | ||||||
Hampton Roads Sanitation District Wastewater, RB, | 1,060,000 | 1,196,125 | ||||||
Hampton Roads Sanitation District Wastewater, RB, | 2,425,000 | 2,730,865 | ||||||
Hanover County Development Authority, Regional Medical Care Project, RB, | 4,155,000 | 4,570,458 | ||||||
James City County Economic Development Authority, Public Facility Project, RB, | 2,215,000 | 2,503,526 | ||||||
Loudoun County, Series B, GO, | 1,000,000 | 1,177,640 | ||||||
Loudoun County Industrial Development Authority, | 2,145,000 | 2,267,930 | ||||||
Loudoun County Sanitation Authority, RB, | 1,125,000 | 1,340,888 | ||||||
Loudoun County Sanitation Authority, RB, 5.000%, 01/01/22 | 1,130,000 | 1,351,536 | ||||||
Loudoun County Sanitation Authority, Water & Sewage, RB, 5.000%, 01/01/21 | 2,460,000 | 2,932,074 | ||||||
New Kent County Economic Development Authority, School & Governmental Projects, RB, | 2,225,000 | 2,472,665 | ||||||
Newport News, GO, 5.250%, 07/01/15, | 3,000,000 | 3,256,080 | ||||||
Pittsylvania County, GO, 5.000%, 03/01/21 | 1,000,000 | 1,148,630 | ||||||
Pittsylvania County, Series B, GO, 5.000%, 03/01/22 | 1,000,000 | 1,134,230 |
See Notes to Financial Statements.
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Virginia Intermediate Municipal Bond Fund — continued
Shares or Principal Amount($) | Value($) | |||||||
Virginia—continued | ||||||||
Portsmouth, Series D, GO, 5.000%, 07/15/23 | 1,250,000 | 1,431,525 | ||||||
Richmond, GO, 5.000%, 07/15/24, | 1,435,000 | 1,608,879 | ||||||
Richmond, Series A, GO, | 1,000,000 | 1,093,280 | ||||||
Richmond, Series A, GO, | 1,700,000 | 1,845,758 | ||||||
Richmond Industrial Development Authority, Government Facilities, RB, | 1,795,000 | 1,954,881 | ||||||
Roanoke, Series B, GO, | 2,500,000 | 2,682,775 | ||||||
Roanoke Economic Development Authority, Hospital Revenue, RB, | 1,000,000 | 1,055,030 | ||||||
Smyth County Industrial Development Authority, Mountain States Health Alliance, RB, | 1,000,000 | 1,054,670 | ||||||
Suffolk, GO, | 1,545,000 | 1,830,099 | ||||||
Tobacco Settlement Financing Corp., RB, | 3,440,000 | 3,646,125 | ||||||
Virginia Beach, Public Improvement, Series C, | 2,325,000 | 2,619,159 | ||||||
Virginia College Building Authority, Educational Facilities Project, Series A, | 1,800,000 | 2,093,130 | ||||||
Virginia College Building Authority, Educational Facilities Project, Series A, RB, 5.000%, 02/01/26 | 2,750,000 | 3,117,070 | ||||||
Virginia College Building Authority, Educational Facilities Project, Series B, RB, 5.000%, 03/01/21 | 1,450,000 | 1,721,875 |
Shares or Principal Amount($) | Value($) | |||||||
Virginia—continued | ||||||||
Virginia College Building Authority, Educational Facilities Project, Washington & Lee University, RB, 5.375%, 01/01/21, MSF | 3,950,000 | 4,578,010 | ||||||
Virginia College Building Authority, Public Higher Educational Financing Program, Series A, RB, | 3,000,000 | 3,341,910 | ||||||
Virginia Commonwealth Transportation Board, RB, | 1,580,000 | 1,872,964 | ||||||
Virginia Commonwealth Transportation Board, RB, | 3,500,000 | 4,159,085 | ||||||
Virginia Commonwealth Transportation Board, RB, | 2,750,000 | 3,107,665 | ||||||
Virginia Commonwealth University, Health System Authority, RB, | 1,460,000 | 1,508,195 | ||||||
Virginia Housing Development Authority, Commonwealth Mortgage, Series A-1, RB, | 1,205,000 | 1,289,205 | ||||||
Virginia Housing Development Authority, Commonwealth Mortgage, Series E, RB, | 1,990,000 | 2,152,105 | ||||||
Virginia Public Building Authority Facilities, Series B, RB, 5.000%, 08/01/20, | 4,000,000 | 4,676,400 | ||||||
Virginia Public School Authority, RB, 5.000%, 08/01/22, | 3,000,000 | 3,566,820 | ||||||
Virginia Public School Authority, Series A, RB, | 6,060,000 | 6,820,530 | ||||||
Virginia Public School Authority, School Financing, RB, 5.000%, 07/15/26, | 2,000,000 | 2,238,940 |
See Notes to Financial Statements.
113
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SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Virginia Intermediate Municipal Bond Fund — concluded
Shares or Principal Amount($) | Value($) | |||||||
Virginia—continued | ||||||||
Virginia Resources Authority Clean Water, Revolving Fund, RB, 5.000%, 10/01/16 | 2,030,000 | 2,290,205 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Series A, RB, 5.000%, 11/01/18 | 2,775,000 | 3,259,709 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Series A, RB, 5.000%, 11/01/28 | 3,300,000 | 3,715,140 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, | 305,000 | 361,724 | ||||||
Virginia State, Series A, GO, 5.000%, 06/01/19, | 3,170,000 | 3,271,757 | ||||||
|
| |||||||
128,809,776 | ||||||||
|
| |||||||
Total Municipal Bonds | 143,261,552 | |||||||
|
|
Shares or Principal Amount($) | Value($) | |||||||
Money Market Fund 1.9% | ||||||||
Federated Virginia Municipal Cash Trust, Institutional Share, 0.01%(b) | 2,830,406 | 2,830,406 | ||||||
|
| |||||||
Total Money Market Fund | 2,830,406 | |||||||
|
| |||||||
Total Investments | 146,091,958 | |||||||
Other assets in excess of liabilities — 0.8% | 1,184,998 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 147,276,956 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of September 30, 2013. |
(b) | Rate disclosed, the 7 day net yield, is as of September 30, 2013. |
Investment Abbreviations
AGM | — | Security guaranteed by Assured Guaranty Municipal Corporation | ||
AMBAC | — | Security guaranteed by American Municipal Bond Assurance Corporation | ||
BHAC | — | Security guaranteed by Berkshire Hathaway Assurance Corporation | ||
GO | — | General Obligation | ||
MSF | — | Mandatory Sinking Fund | ||
NATL-RE | — | Reinsurance provided by National Public Finance Guarantee Corporation | ||
RB | — | Revenue Bond | ||
ST APPROP | — | State Appropriation |
See Notes to Financial Statements.
114
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Core Bond Fund | Corporate Bond Fund | Georgia Tax-Exempt Bond Fund | High Grade Municipal Bond Fund | High Income Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $289,976,626 | $62,325,805 | $130,242,647 | $55,969,195 | $956,264,308 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investments, at Value* | $290,532,683 | $61,416,459 | $133,666,855 | $58,678,489 | $964,175,005 | |||||||||||||||
Cash | — | — | — | — | 97,623 | |||||||||||||||
Cash Collateral on Deposit at Broker for Swaps | — | — | — | — | 348 | |||||||||||||||
Interest and Dividends Receivable | 1,355,532 | 616,482 | 1,515,055 | 684,339 | 14,113,525 | |||||||||||||||
Securities Lending Income Receivable | 1,846 | 955 | — | — | 16,868 | |||||||||||||||
Receivable for Capital Shares Issued | 193,421 | 1,158 | 708 | 13,885 | 885,899 | |||||||||||||||
Receivable for Investment Securities Sold | 3,823,157 | 2,846,982 | — | 2,526,025 | 19,827,073 | |||||||||||||||
Receivable for Investment Securities Sold on a When-issued Basis | 1,393,813 | — | — | 2,186,160 | 9,187,710 | |||||||||||||||
Receivable from Investment Adviser | — | 461 | — | 2,100 | 3,595 | |||||||||||||||
Receivable for Variation Margin on Centrally Cleared Swaps | — | — | — | — | 7,147 | |||||||||||||||
Prepaid Expenses and Other Assets | 34,601 | 18,849 | 12,673 | 23,077 | 61,392 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Assets | 297,335,053 | 64,901,346 | 135,195,291 | 64,114,075 | 1,008,376,185 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 5,583,793 | 2,538,655 | — | — | 17,876,202 | |||||||||||||||
Payable for Investment Securities Purchased on a When-issued Basis | 6,703,516 | 478,698 | 1,432,122 | 4,951,990 | 50,210,619 | |||||||||||||||
Payable for Capital Shares Redeemed | 279,007 | 67,550 | 4,745 | 182,844 | 2,963,693 | |||||||||||||||
Payable Upon Return of Securities Loaned | 2,522,100 | 488,400 | — | — | 84,934,056 | |||||||||||||||
Income Distributions Payable | 104,579 | 18,563 | 320,392 | 84,230 | 468,869 | |||||||||||||||
Investment Advisory Fees Payable | 57,963 | 20,072 | 54,894 | 24,195 | 367,924 | |||||||||||||||
Compliance and Fund Services Fees Payable | 6,583 | 1,154 | 2,486 | 1,052 | 14,263 | |||||||||||||||
Distribution and Service Fees Payable | 6,553 | 9,597 | 519 | 1,111 | 44,643 | |||||||||||||||
Other Accrued Expenses | 105,823 | 25,875 | 16,515 | 11,368 | 324,389 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Liabilities | 15,369,917 | 3,648,564 | 1,831,673 | 5,256,790 | 157,204,658 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Net Assets | $281,965,136 | $61,252,782 | $133,363,618 | $58,857,285 | $851,171,527 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $281,168,345 | $60,391,062 | $133,705,053 | $56,589,136 | $827,396,071 | |||||||||||||||
Accumulated Net Investment Income (Loss) | (1,179,265 | ) | (192,922 | ) | 190,618 | (7,141 | ) | (684,905 | ) | |||||||||||
Accumulated Net Realized Gain (Loss) from Investments and Swap Transactions | 1,419,999 | 1,963,988 | (3,956,261 | ) | (434,004 | ) | 16,904,662 | |||||||||||||
Net Unrealized Appreciation (Depreciation) on Investments and Swaps | 556,057 | (909,346 | ) | 3,424,208 | 2,709,294 | 7,555,699 | ||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets | $281,965,136 | $61,252,782 | $133,363,618 | $58,857,285 | $851,171,527 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $258,074,230 | $49,093,162 | $129,084,169 | $49,852,843 | $676,319,646 | |||||||||||||||
A Shares | 19,469,965 | 962,236 | 4,279,449 | 9,004,442 | 153,140,329 | |||||||||||||||
C Shares | — | 11,197,384 | — | — | — | |||||||||||||||
R Shares | 4,420,941 | — | — | — | 21,711,552 | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 23,883,981 | 5,573,592 | 12,590,777 | 4,306,074 | 94,763,916 | |||||||||||||||
A Shares | 1,802,009 | 108,761 | 416,740 | 777,418 | 21,439,156 | |||||||||||||||
C Shares | — | 1,271,270 | — | — | — | |||||||||||||||
R Shares | 408,844 | — | — | — | 3,040,576 | |||||||||||||||
Net Asset Value and Redemption Price Per Share: | ||||||||||||||||||||
I Shares | $10.81 | $8.81 | $10.25 | $11.58 | $7.14 | |||||||||||||||
A Shares | 10.80 | 8.85 | 10.27 | 11.58 | 7.14 | |||||||||||||||
C Shares(a) | — | 8.81 | — | — | — | |||||||||||||||
R Shares | 10.81 | — | — | — | 7.14 | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $11.34 | $9.29 | $10.78 | $12.16 | $7.50 | |||||||||||||||
Maximum Sales Charge — A Shares | 4.75 | % | 4.75 | % | 4.75 | % | 4.75 | % | 4.75 | % |
* | Investments include securities on loan of $2,455,570, $474,144, $—, $— and $82,632,675, respectively. |
(a) | Redemption price per share varies based on length of time shares are held. |
See Notes to Financial Statements.
115
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Intermediate Bond Fund | Investment Grade Tax-Exempt Bond Fund | Limited Duration Fund | Limited-Term Federal Mortgage Securities Fund | North Carolina Tax-Exempt Bond Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $493,611,409 | $752,250,791 | $6,776,912 | $12,841,324 | $46,690,331 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investments, at Value* | $494,477,656 | $779,993,191 | $6,790,380 | $12,969,043 | $47,562,850 | |||||||||||||||
Interest and Dividends Receivable | 1,698,384 | 9,228,863 | 1,574 | 40,017 | 660,329 | |||||||||||||||
Securities Lending Income Receivable | 5,305 | — | — | — | — | |||||||||||||||
Receivable for Capital Shares Issued | 147,630 | 332,478 | — | 478 | 176 | |||||||||||||||
Receivable for Investment Securities Sold | 10,206,239 | 21,447,507 | — | — | — | |||||||||||||||
Receivable for Investment Securities Sold on a When-issued Basis | — | — | — | 214,420 | — | |||||||||||||||
Receivable from Investment Adviser | — | 3,306 | 978 | 5,371 | — | |||||||||||||||
Prepaid Expenses and Other Assets | 42,981 | 37,654 | 5,275 | 21,823 | 8,358 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Assets | 506,578,195 | 811,042,999 | 6,798,207 | 13,251,152 | 48,231,713 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 10,288,034 | 21,735,608 | 159,848 | — | — | |||||||||||||||
Payable for Investment Securities Purchased on a When-issued Basis | 1,067,327 | 18,378,313 | — | 273,154 | 509,738 | |||||||||||||||
Payable for Capital Shares Redeemed | 1,098,161 | 904,150 | — | 10,580 | 530 | |||||||||||||||
Payable upon Return of Securities Loaned | 8,579,495 | — | — | — | — | |||||||||||||||
Income Distributions Payable | 230,683 | 620,509 | 871 | 2,128 | 96,983 | |||||||||||||||
Investment Advisory Fees Payable | 102,091 | 307,597 | 545 | 5,705 | 19,385 | |||||||||||||||
Compliance and Fund Services Fees Payable | 15,506 | 15,650 | 122 | 297 | 861 | |||||||||||||||
Distribution and Service Fees Payable | 1,239 | 7,840 | — | 4,582 | 103 | |||||||||||||||
Other Accrued Expenses | 190,440 | 234,924 | 4,514 | 9,563 | 8,068 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Liabilities | 21,572,976 | 42,204,591 | 165,900 | 306,009 | 635,668 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Net Assets | $485,005,219 | $768,838,408 | $6,632,307 | $12,945,143 | $47,596,045 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $470,671,259 | $740,656,550 | $8,065,786 | $25,233,516 | $46,770,848 | |||||||||||||||
Accumulated Net Investment Income (Loss) | (1,266,051 | ) | (227,804 | ) | 1,036 | (98,595 | ) | (63,090 | ) | |||||||||||
Accumulated Net Realized Gain (Loss) from Investments Transactions | 14,733,764 | 667,262 | (1,447,983 | ) | (12,317,497 | ) | 15,768 | |||||||||||||
Net Unrealized Appreciation on Investments | 866,247 | 27,742,400 | 13,468 | 127,719 | 872,519 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets | $485,005,219 | $768,838,408 | $6,632,307 | $12,945,143 | $47,596,045 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $479,181,570 | $736,894,032 | $6,632,307 | $5,796,694 | $46,746,885 | |||||||||||||||
A Shares | 5,796,764 | 31,944,376 | — | 1,953,622 | 849,160 | |||||||||||||||
C Shares | — | — | — | 5,194,827 | — | |||||||||||||||
R Shares | 26,885 | — | — | — | — | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 47,435,537 | 61,342,090 | 676,440 | 532,138 | 4,592,019 | |||||||||||||||
A Shares | 573,471 | 2,656,032 | — | 179,714 | 83,627 | |||||||||||||||
C Shares | — | — | — | 476,906 | — | |||||||||||||||
R Shares | 2,661 | — | — | — | — | |||||||||||||||
Net Asset Value and Redemption Price Per Share: | ||||||||||||||||||||
I Shares | $10.10 | $12.01 | $9.80 | $10.89 | $10.18 | |||||||||||||||
A Shares | 10.11 | 12.03 | — | 10.87 | 10.15 | |||||||||||||||
C Shares(a) | — | — | — | 10.89 | — | |||||||||||||||
R Shares | 10.10 | — | — | — | — | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $10.61 | $12.63 | $ — | $11.15 | $10.66 | |||||||||||||||
Maximum Sales Charge — A Shares | 4.75 | % | 4.75 | % | — | 2.50 | % | 4.75 | % |
* | Investments include securities on loan of $8,361,404, $—, $—, $— and $—, respectively. |
(a) | Redemption price per share varies based on length of time shares are held. |
See Notes to Financial Statements.
116
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund | Seix High Yield Fund | Short-Term Bond Fund | Short-Term Municipal Bond Fund | Short-Term U.S. Treasury Securities Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $9,085,656,475 | $1,814,083,747 | $62,596,858 | $22,727,362 | $10,168,783 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investments, at Value* | $9,088,481,082 | $1,852,633,181 | $63,138,768 | $22,824,164 | $10,225,965 | |||||||||||||||
Cash | — | 429,965 | 71,095 | — | — | |||||||||||||||
Cash Collateral on Deposit at Broker for Swaps | 810 | |||||||||||||||||||
Interest Receivable | 33,282,339 | 25,491,796 | 353,712 | 162,482 | 51,228 | |||||||||||||||
Securities Lending Income Receivable | — | 29,631 | — | — | — | |||||||||||||||
Receivable for Capital Shares Issued | 22,241,710 | 1,132,209 | 29,159 | 25,087 | 38,324 | |||||||||||||||
Receivable for Investment Securities Sold | 24,571,805 | 36,697,399 | — | 499,207 | — | |||||||||||||||
Receivable for Investment Securities Sold on a When-issued Basis | 227,463,865 | 13,382,529 | — | — | — | |||||||||||||||
Receivable from Investment Adviser | — | 482 | 104 | 2,823 | 5,837 | |||||||||||||||
Receivable for Variation Margin on Centrally Cleared Swaps | — | 20,667 | — | — | — | |||||||||||||||
Prepaid Expenses and Other Assets | 227,320 | 70,351 | 22,695 | 17,062 | 20,912 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Assets | 9,396,268,121 | 1,929,889,020 | 63,615,533 | 23,530,825 | 10,342,266 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 126,561,478 | 46,943,117 | — | 578,475 | — | |||||||||||||||
Payable for Investment Securities Purchased on a When-issued Basis | 1,188,634,996 | 77,031,810 | 110,000 | 1,770,303 | — | |||||||||||||||
Payable for Capital Shares Redeemed | 9,796,034 | 4,928,376 | 233,837 | 3,146 | 8,797 | |||||||||||||||
Payable Upon Return of Securities Loaned | — | 98,879,648 | — | — | — | |||||||||||||||
Income Distributions Payable | 8,724,482 | 5,549,317 | 42,841 | 2,576 | 142 | |||||||||||||||
Investment Advisory Fees Payable | 2,611,222 | 582,407 | 21,151 | 5,831 | 3,011 | |||||||||||||||
Compliance and Fund Services Fees Payable | 99,891 | 28,616 | 1,510 | 257 | 190 | |||||||||||||||
Distribution and Service Fees Payable | 98,343 | 11,513 | 2,143 | 542 | 2,783 | |||||||||||||||
Other Accrued Expenses | 1,754,570 | 384,758 | 18,950 | 7,809 | 8,465 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Liabilities | 1,338,281,016 | 234,339,562 | 430,432 | 2,368,939 | 23,388 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Net Assets | $8,057,987,105 | $1,695,549,458 | $63,185,101 | $21,161,886 | $10,318,878 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $8,099,475,136 | $1,600,701,739 | $64,414,482 | $21,034,981 | $10,243,358 | |||||||||||||||
Accumulated Net Investment Income (Loss) | 3,826,436 | (1,069,969 | ) | (10,614 | ) | (1,450 | ) | (100 | ) | |||||||||||
Accumulated Net Realized Gain (Loss) from Investments and Swap Transactions | (48,139,074 | ) | 57,166,160 | (1,760,677 | ) | 31,553 | 18,438 | |||||||||||||
Net Unrealized Appreciation on Investments and Swaps | 2,824,607 | 38,751,528 | 541,910 | 96,802 | 57,182 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets | $8,057,987,105 | $1,695,549,458 | $63,185,101 | $21,161,886 | $10,318,878 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $7,807,672,043 | $1,627,041,998 | $58,578,226 | $16,725,659 | $2,166,726 | |||||||||||||||
A Shares | 182,331,910 | 66,908,216 | 2,531,901 | 4,436,227 | 2,420,131 | |||||||||||||||
C Shares | 67,983,152 | — | 2,074,974 | — | 5,732,021 | |||||||||||||||
R Shares | — | 1,599,244 | — | — | — | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 868,631,629 | 163,197,979 | 5,893,680 | 1,681,503 | 219,836 | |||||||||||||||
A Shares | 20,288,372 | 6,864,714 | 254,064 | 446,077 | 245,867 | |||||||||||||||
C Shares | 7,561,691 | — | 208,305 | — | 582,721 | |||||||||||||||
R Shares | — | 160,513 | — | — | — | |||||||||||||||
Net Asset Value and Redemption Price Per Share: | ||||||||||||||||||||
I Shares | $8.99 | $9.97 | $9.94 | $9.95 | $9.86 | |||||||||||||||
A Shares | 8.99 | 9.75 | 9.97 | 9.94 | 9.84 | |||||||||||||||
C Shares(a) | 8.99 | — | 9.96 | — | 9.84 | |||||||||||||||
R Shares | — | 9.96 | — | — | — | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $9.22 | $10.24 | $10.23 | $10.19 | $10.09 | |||||||||||||||
Maximum Sales Charge — A Shares | 2.50 | % | 4.75 | % | 2.50 | % | 2.50 | % | 2.50 | % |
* | Investments include securities on loan of $—, $96,740,174, $—, $— and $—, respectively. |
(a) | Redemption price per share varies based on length of time shares are held. |
See Notes to Financial Statements.
117
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Total Return Bond Fund | Ultra-Short Bond Fund | U.S. Government Securities Fund | U.S. Government Securities Ultra-Short Bond Fund | Virginia Intermediate Municipal Bond Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $1,266,789,926 | $129,088,122 | $28,729,586 | $2,221,878,117 | $140,017,135 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investments, at Value* | $1,267,244,101 | $129,158,197 | $28,864,878 | $2,242,056,751 | $146,091,958 | |||||||||||||||
Cash | 481,017 | 102,516 | — | 39,446,143 | — | |||||||||||||||
Cash Collateral on Deposit at Broker for Futures | — | 1,527,425 | — | 2,113,680 | — | |||||||||||||||
Cash Collateral on Deposit at Broker for Swaps | 38 | — | — | — | — | |||||||||||||||
Interest and Dividends Receivable | 5,948,946 | 547,211 | 58,630 | 3,818,088 | 1,663,801 | |||||||||||||||
Securities Lending Income Receivable | 8,014 | — | — | — | — | |||||||||||||||
Closed Swap Contracts, at Value | 494,694 | — | — | — | — | |||||||||||||||
Receivable for Capital Shares Issued | 2,690,552 | 450,757 | 69,165 | 1,858,319 | 31,600 | |||||||||||||||
Receivable for Investment Securities Sold | 14,666,931 | 1,290,179 | — | 6,232,603 | 1,089,623 | |||||||||||||||
Receivable for Investment Securities Sold on a When-issued Basis | 12,612,543 | — | — | — | — | |||||||||||||||
Receiveable for Interest on Open Swap Contracts | 3,986 | |||||||||||||||||||
Unrealized Appreciation on Forward Foreign Currency Contracts | 702,825 | — | — | — | — | |||||||||||||||
Receivable from Investment Adviser | 2,100 | — | 5,028 | — | — | |||||||||||||||
Receivable for Variation Margin on Centrally Cleared Swaps | 24,771 | — | — | — | — | |||||||||||||||
Prepaid Expenses and Other Assets | 61,726 | 14,351 | 21,869 | 91,646 | 14,927 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Assets | 1,304,942,244 | 133,090,636 | 29,019,570 | 2,295,617,230 | 148,891,909 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 27,724,740 | 8,399,260 | — | — | 1,201,322 | |||||||||||||||
Payable for Investment Securities Purchased on a When-issued Basis | 34,783,831 | 195,000 | — | 39,446,143 | — | |||||||||||||||
Depreciated Swap Contracts, at Value | 498,680 | — | — | — | — | |||||||||||||||
Payable for Capital Shares Redeemed | 2,876,383 | 29,931 | 38,735 | 6,917,741 | 16,007 | |||||||||||||||
Payable upon Return of Securities Loaned | 8,876,500 | — | — | — | — | |||||||||||||||
Income Distributions Payable | 124,032 | 23,766 | 539 | 92,924 | 316,283 | |||||||||||||||
Unrealized Depreciation on Forward Foreign Currency Contracts | 572,585 | — | — | — | — | |||||||||||||||
Unrealized Depreciation on Futures Contracts | — | 63,612 | — | 865,803 | — | |||||||||||||||
Investment Advisory Fees Payable | 241,790 | 21,230 | 12,065 | 345,118 | 60,264 | |||||||||||||||
Compliance and Fund Services Fees Payable | 22,503 | 2,224 | 627 | 38,739 | 2,558 | |||||||||||||||
Distribution and Service Fees Payable | 38,497 | — | 1,618 | — | 1,104 | |||||||||||||||
Other Accrued Expenses | 363,266 | 15,632 | 17,922 | 613,542 | 17,415 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Liabilities | 76,122,807 | 8,750,655 | 71,506 | 48,320,010 | 1,614,953 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Net Assets | $1,228,819,437 | $124,339,981 | $28,948,064 | $2,247,297,220 | $147,276,956 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $1,237,000,885 | $127,580,940 | $28,879,734 | $2,245,734,794 | $141,664,996 | |||||||||||||||
Accumulated Net Investment Income (Loss) | (921,833 | ) | (67,335 | ) | (77 | ) | (4,154,852 | ) | 19,429 | |||||||||||
Accumulated Net Realized Loss from Investments, Futures, Swap and Foreign Currency Transactions | (7,752,623 | ) | (3,180,088 | ) | (66,885 | ) | (13,595,553 | ) | (482,292 | ) | ||||||||||
Net Unrealized Appreciation on Investments, Futures, Swaps and Foreign Currencies | 493,008 | 6,464 | 135,292 | 19,312,831 | 6,074,823 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets | $1,228,819,437 | $124,339,981 | $28,948,064 | $2,247,297,220 | $147,276,956 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $1,110,056,344 | $124,339,981 | $26,287,472 | $2,247,297,220 | $138,197,057 | |||||||||||||||
A Shares | 43,698,054 | — | 1,111,987 | — | 9,079,899 | |||||||||||||||
C Shares | — | — | 1,548,605 | — | — | |||||||||||||||
R Shares | 75,065,039 | — | — | — | — | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 106,132,715 | 12,502,522 | 3,190,210 | 222,398,926 | 13,620,556 | |||||||||||||||
A Shares | 4,044,871 | — | 134,958 | — | 895,160 | |||||||||||||||
C Shares | — | — | 187,957 | — | — | |||||||||||||||
R Shares | 7,175,736 | — | — | — | — | |||||||||||||||
Net Asset Value and Redemption Price Per Share: | ||||||||||||||||||||
I Shares | $10.46 | $9.95 | $8.24 | $10.10 | $10.15 | |||||||||||||||
A Shares | 10.80 | — | 8.24 | — | 10.14 | |||||||||||||||
C Shares(a) | — | — | 8.24 | — | — | |||||||||||||||
R Shares | 10.46 | — | — | — | — | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $11.34 | $— | $8.65 | $— | $10.65 | |||||||||||||||
Maximum Sales Charge — A Shares | 4.75 | % | — | 4.75 | % | — | 4.75 | % |
* Investments include securities on loan of $8,659,584, $—, $—, $— and $—, respectively.
(a) | Redemption price per share varies based on length of time shares are held. |
See Notes to Financial Statements.
118
Table of Contents
RIDGEWORTH FUNDS For the period ended September 30, 2013
(Unaudited)
Core Bond Fund | Corporate Bond Fund | Georgia Tax-Exempt Bond Fund | High Grade Municipal Bond Fund | High Income Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | 3,137,039 | $ | 1,156,872 | $ | 2,573,947 | $ | 1,100,918 | $ | 28,692,652 | ||||||||||
Dividend Income | 83,807 | 74,052 | — | — | 320,858 | |||||||||||||||
Net Income from Securities Lending | 14,185 | 1,272 | — | — | 96,717 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investment Income | 3,235,031 | 1,232,196 | 2,573,947 | 1,100,918 | 29,110,227 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 436,107 | 132,640 | 362,824 | 162,951 | 2,378,564 | |||||||||||||||
Administration Fees | 15,875 | 3,018 | 6,603 | 2,966 | 40,225 | |||||||||||||||
Fund Accounting Fees | 19,661 | 3,376 | 6,938 | 2,931 | 41,769 | |||||||||||||||
Transfer Agency Fees | 39,910 | 27,840 | 7,277 | 9,230 | 160,477 | |||||||||||||||
Compliance & Fund Services Fees | 12,134 | 2,313 | 5,030 | 2,226 | 29,246 | |||||||||||||||
Distribution and Service Fees — A Shares | 29,837 | 4,054 | 3,348 | 7,898 | 198,705 | |||||||||||||||
Distribution and Service Fees — C Shares | — | 66,060 | — | — | — | |||||||||||||||
Distribution and Service Fees — R Shares | 11,733 | — | — | — | 57,317 | |||||||||||||||
Shareholder Servicing Fees — I Shares | 115,657 | 8,745 | 1,402 | 7,052 | 541,643 | |||||||||||||||
Shareholder Servicing Fees — A Shares | 6,985 | 94 | 46 | 1,030 | 30,285 | |||||||||||||||
Shareholder Servicing Fees — R Shares | 233 | — | — | — | 7,497 | |||||||||||||||
Custodian Fees | 10,335 | 4,413 | 4,212 | 3,748 | 18,043 | |||||||||||||||
Printing Fees | 15,356 | 2,974 | 4,147 | 2,127 | 37,434 | |||||||||||||||
Registration Fees | 26,654 | 20,228 | 8,108 | 16,987 | 31,368 | |||||||||||||||
Trustee Fees | 7,499 | 1,374 | 2,966 | 1,299 | 17,287 | |||||||||||||||
Other Fees | 17,446 | 5,905 | 8,210 | 5,139 | 34,164 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Expenses | 765,422 | 283,034 | 421,111 | 225,584 | 3,624,024 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (42 | ) | (5,808 | ) | — | (6,238 | ) | (46,565 | ) | |||||||||||
Less: Custodian Credits | — | — | (18 | ) | — | (11 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Expenses | 765,380 | 277,226 | 421,093 | 219,346 | 3,577,448 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Investment Income | 2,469,651 | 954,970 | 2,152,854 | 881,572 | 25,532,779 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Swaps: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment Transactions | (2,685,245 | ) | 208,988 | (2,381,808 | ) | (663,393 | ) | 9,183,099 | ||||||||||||
Credit Default Swap Contracts | — | — | — | — | 535,466 | |||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on: | ||||||||||||||||||||
Investments | (9,002,335 | ) | (3,912,857 | ) | (5,188,424 | ) | (2,385,323 | ) | (31,690,734 | ) | ||||||||||
Credit Default Swap Contracts | — | — | — | — | (354,998 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Swaps | (11,687,580 | ) | (3,703,869 | ) | (7,570,232 | ) | (3,048,716 | ) | (22,327,167 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Change in Net Assets from Operations | $ | (9,217,929 | ) | $ | (2,748,899 | ) | $ | (5,417,378 | ) | $ | (2,167,144 | ) | $ | 3,205,612 | ||||||
|
|
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
119
Table of Contents
STATEMENTS OF OPERATIONS
RIDGEWORTH FUNDS For the period ended September 30, 2013
(Unaudited)
Intermediate Bond Fund | Investment Grade Tax-Exempt Bond Fund | Limited Duration Fund | Limited-Term Federal Mortgage Securities Fund | North Carolina Tax- Exempt Bond Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | 6,080,174 | $ | 12,215,521 | $ | 22,593 | $ | 103,331 | $ | 787,048 | ||||||||||
Dividend Income | 244,312 | — | — | — | — | |||||||||||||||
Net Income from Securities Lending | 50,636 | — | — | — | — | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investment Income | 6,375,122 | 12,215,521 | 22,593 | 103,331 | 787,048 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 947,716 | 2,126,275 | 3,873 | 39,558 | 125,744 | |||||||||||||||
Administration Fees | 35,114 | 39,541 | 352 | 720 | 2,289 | |||||||||||||||
Fund Accounting Fees | 44,674 | 46,430 | 430 | 826 | 2,368 | |||||||||||||||
Transfer Agency Fees | 50,912 | 75,683 | 960 | 8,636 | 3,938 | |||||||||||||||
Compliance & Fund Services Fees | 30,798 | 31,501 | 271 | 574 | 1,732 | |||||||||||||||
Distribution and Service Fees — A Shares | 10,425 | 55,084 | — | 2,099 | 656 | |||||||||||||||
Distribution and Service Fees — C Shares | — | — | — | 27,958 | — | |||||||||||||||
Distribution and Service Fees — R Shares | 72 | — | — | — | — | |||||||||||||||
Shareholder Servicing Fees — I Shares | 244,611 | 362,489 | — | 2,592 | 408 | |||||||||||||||
Shareholder Servicing Fees — A Shares | 3,932 | 6,463 | — | 315 | 42 | |||||||||||||||
Shareholder Servicing Fees — R Shares | 22 | — | — | — | — | |||||||||||||||
Custodian Fees | 12,720 | 9,509 | 2,332 | 3,989 | 3,344 | |||||||||||||||
Printing Fees | 29,199 | 26,035 | 492 | 1,032 | 1,613 | |||||||||||||||
Registration Fees | 23,257 | 19,951 | 4,714 | 19,781 | 6,500 | |||||||||||||||
Trustee Fees | 18,331 | 18,697 | 163 | 339 | 1,023 | |||||||||||||||
Other Fees | 38,012 | 36,960 | 3,016 | 3,846 | 4,737 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Expenses | 1,489,795 | 2,854,618 | 16,603 | 112,265 | 154,394 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (12 | ) | (22,417 | ) | (4,209 | ) | (29,991 | ) | (2 | ) | ||||||||||
Less: Custodian Credits | — | (14 | ) | — | — | — | ||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Expenses | 1,489,783 | 2,832,187 | 12,394 | 82,274 | 154,392 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Investment Income | 4,885,339 | 9,383,334 | 10,199 | 21,057 | 632,656 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment Transactions | 136,808 | (4,729,371 | ) | 9,956 | (65,270 | ) | (1,171,090 | ) | ||||||||||||
Net Change in Unrealized Depreciation on: | ||||||||||||||||||||
Investments | (18,275,071 | ) | (27,041,212 | ) | (28,451 | ) | (290,101 | ) | (1,310,957 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments | (18,138,263 | ) | (31,770,583 | ) | (18,495 | ) | (355,371 | ) | (2,482,047 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Change in Net Assets from Operations | $ | (13,252,924 | ) | $ | (22,387,249 | ) | $ | (8,296 | ) | $ | (334,314 | ) | $ | (1,849,391 | ) | |||||
|
|
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
120
Table of Contents
STATEMENTS OF OPERATIONS
RIDGEWORTH FUNDS For the period ended September 30, 2013
(Unaudited)
Seix Floating Rate High Income Fund | Seix High Yield Fund | Short-Term Bond Fund | Short-Term Municipal Bond Fund | Short-Term U.S. Treasury Securities Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | 163,545,934 | $ | 54,466,366 | $ | 675,268 | $ | 67,268 | $ | 47,278 | ||||||||||
Dividend Income | 114,306 | 287,304 | 23 | 142 | — | |||||||||||||||
Net Income from Securities Lending | — | 149,520 | — | — | — | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investment Income | 163,660,240 | 54,903,190 | 675,291 | 67,410 | 47,278 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 14,240,516 | 3,725,641 | 146,594 | 28,312 | 18,960 | |||||||||||||||
Administration Fees | 318,511 | 79,910 | 3,335 | 736 | 493 | |||||||||||||||
Fund Accounting Fees | 242,073 | 88,653 | 4,341 | 627 | 577 | |||||||||||||||
Transfer Agency Fees | 1,162,927 | 564,326 | 10,490 | 4,391 | 6,455 | |||||||||||||||
Compliance & Fund Services Fees | 212,184 | 57,398 | 2,542 | 509 | 378 | |||||||||||||||
Distribution and Service Fees — A Shares | 207,346 | 69,729 | 2,251 | 2,871 | 1,782 | |||||||||||||||
Distribution and Service Fees — C Shares | 265,886 | — | 11,370 | — | 15,751 | |||||||||||||||
Distribution and Service Fees — R Shares | — | 5,120 | — | — | — | |||||||||||||||
Shareholder Servicing Fees — I Shares | 2,689,206 | 137,573 | 4,045 | 2,689 | 1,309 | |||||||||||||||
Shareholder Servicing Fees — A Shares | 33,481 | 5,745 | 889 | 65 | 303 | |||||||||||||||
Custodian Fees | 425,533 | 31,820 | 5,311 | 2,945 | 3,336 | |||||||||||||||
Printing Fees | 195,226 | 60,499 | 2,942 | 3,114 | 692 | |||||||||||||||
Registration Fees | 38,526 | 30,459 | 22,092 | 18,889 | 20,662 | |||||||||||||||
Trustee Fees | 122,291 | 34,519 | 1,613 | 301 | 227 | |||||||||||||||
Other Fees | 206,545 | 70,054 | 7,970 | 3,614 | 3,651 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Expenses | 20,360,251 | 4,961,446 | 225,785 | 69,063 | 74,576 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | — | (482 | ) | (1,655 | ) | (21,922 | ) | (32,811 | ) | |||||||||||
Less: Custodian Credits | (141 | ) | (96 | ) | (16 | ) | (11 | ) | — | |||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Expenses | 20,360,110 | 4,960,868 | 224,114 | 47,130 | 41,765 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Investment Income | 143,300,130 | 49,942,322 | 451,177 | 20,280 | 5,513 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Swaps: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment Transactions | 5,391,102 | 28,049,489 | 353,973 | (45,136 | ) | 2,058 | ||||||||||||||
Credit Default Swap Contracts | — | 1,279,535 | — | — | — | |||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on: | ||||||||||||||||||||
Investments | (69,551,498 | ) | (79,782,185 | ) | (819,146 | ) | (25,248 | ) | (47,268 | ) | ||||||||||
Credit Default Swap Contracts | — | 202,094 | — | — | — | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Swaps | (64,160,396 | ) | (50,251,067 | ) | (465,173 | ) | (70,384 | ) | (45,210 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Change in Net Assets from Operations | $ | 79,139,734 | $ | (308,745 | ) | $ | (13,996 | ) | $ | (50,104 | ) | $ | (39,697 | ) | ||||||
|
|
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
121
Table of Contents
STATEMENTS OF OPERATIONS
RIDGEWORTH FUNDS For the period ended September 30, 2013
(Unaudited)
Total Return Bond Fund | Ultra-Short Bond Fund | U.S. Government Securities Fund | U.S. Government Securities Ultra-Short Bond Fund | Virginia Intermediate Municipal Bond Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | 13,593,435 | $ | 669,806 | $ | 193,752 | $ | 6,732,500 | $ | 2,601,395 | ||||||||||
Dividend Income | 299,005 | 395 | — | 669 | — | |||||||||||||||
Net Income from Securities Lending | 87,920 | — | — | — | — | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Investment Income | 13,980,360 | 670,201 | 193,752 | 6,733,169 | 2,601,395 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 1,543,880 | 150,295 | 84,828 | 2,084,154 | 379,287 | |||||||||||||||
Administration Fees | 58,639 | 6,217 | 1,544 | 101,563 | 6,903 | |||||||||||||||
Fund Accounting Fees | 60,981 | 4,736 | 1,799 | 106,897 | 7,054 | |||||||||||||||
Transfer Agency Fees | 154,539 | 26,729 | 7,672 | 1,552,857 | 10,888 | |||||||||||||||
Compliance & Fund Services Fees | 44,519 | 4,549 | 1,238 | 76,315 | 5,159 | |||||||||||||||
Distribution and Service Fees — A Shares | 61,155 | — | 2,092 | — | 7,749 | |||||||||||||||
Distribution and Service Fees — C Shares | — | — | 8,949 | — | — | |||||||||||||||
Distribution and Service Fees — R Shares | 183,433 | — | — | — | — | |||||||||||||||
Shareholder Servicing Fees — I Shares | 499,560 | — | 18,748 | — | 1,202 | |||||||||||||||
Shareholder Servicing Fees — A Shares | 26,411 | — | 152 | — | 288 | |||||||||||||||
Shareholder Servicing Fees — R Shares | 89,088 | — | — | — | — | |||||||||||||||
Custodian Fees | 47,499 | 5,403 | 3,456 | 21,798 | 4,123 | |||||||||||||||
Printing Fees | 43,367 | 4,385 | 1,519 | 68,683 | 4,298 | |||||||||||||||
Registration Fees | 40,588 | 12,023 | 19,247 | 66,351 | 9,747 | |||||||||||||||
Trustee Fees | 26,231 | 2,631 | 734 | 45,002 | 3,044 | |||||||||||||||
Other Fees | 55,275 | 7,418 | 4,529 | 81,801 | 8,269 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Expenses | 2,935,165 | 224,386 | 156,507 | 4,205,421 | 448,011 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (20,105 | ) | — | (27,573 | ) | — | — | |||||||||||||
Less: Custodian Credits | — | (39 | ) | — | (60 | ) | — | |||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Expenses | 2,915,060 | 224,347 | 128,934 | 4,205,361 | 448,011 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Investment Income | 11,065,300 | 445,854 | 64,818 | 2,527,808 | 2,153,384 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Futures, Swaps and Foreign Currencies: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment and Foreign Currency Transactions | (10,824,356 | ) | (50,183 | ) | (64,186 | ) | (442,922 | ) | (1,867,420 | ) | ||||||||||
Futures contracts | — | 127,425 | — | 662,373 | — | |||||||||||||||
Credit Default Swap Contracts | (2,366,612 | ) | — | — | — | — | ||||||||||||||
Interest Rate Swap Contracts | (719 | ) | — | — | — | — | ||||||||||||||
Forward Foreign Currency Contracts | 973,848 | — | — | — | — | |||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on: | ||||||||||||||||||||
Investments and Foreign Currencies | (29,898,494 | ) | (515,928 | ) | (763,133 | ) | (9,325,232 | ) | (3,946,048 | ) | ||||||||||
Futures Contracts | — | (63,612 | ) | — | (775,497 | ) | — | |||||||||||||
Credit Default Swap Contracts | 49,544 | — | — | — | — | |||||||||||||||
Forward Foreign Currency Contracts | 51,639 | — | — | — | — | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Futures, Swaps and Foreign Currencies | (42,015,150 | ) | (502,298 | ) | (827,319 | ) | (9,881,278 | ) | (5,813,468 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Change in Net Assets from Operations | $ | (30,949,850 | ) | $ | (56,444 | ) | $ | (762,501 | ) | $ | (7,353,470 | ) | $ | (3,660,084 | ) | |||||
|
|
|
|
|
|
|
|
|
|
See Notes to Financial Statements.
122
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the periods indicated
Core Bond Fund | Corporate Bond Fund | Georgia Tax-Exempt Bond Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 2,469,651 | $ | 6,424,040 | $ | 954,970 | $ | 2,659,796 | $ | 2,152,854 | $ | 4,837,505 | ||||||||||||
Net Realized Gain (Loss) | (2,685,245 | ) | 9,783,817 | 208,988 | 4,214,550 | (2,381,808 | ) | 4,725,574 | ||||||||||||||||
Net Change in Unrealized Depreciation | (9,002,335 | ) | (4,439 | ) | (3,912,857 | ) | (1,384,022 | ) | (5,188,424 | ) | (1,459,254 | ) | ||||||||||||
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Change in Net Assets from Operations | (9,217,929 | ) | 16,203,418 | (2,748,899 | ) | 5,490,324 | (5,417,378 | ) | 8,103,825 | |||||||||||||||
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Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (2,903,864 | ) | (8,053,233 | ) | (779,699 | ) | (2,056,712 | ) | (2,089,792 | ) | (4,702,696 | ) | ||||||||||||
A Shares | (150,128 | ) | (319,708 | ) | (36,528 | ) | (170,577 | ) | (63,094 | ) | (135,016 | ) | ||||||||||||
C Shares | — | — | (138,711 | ) | (433,099 | ) | — | — | ||||||||||||||||
R Shares | (32,103 | ) | (72,608 | ) | — | — | — | — | ||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | (5,872,395 | ) | — | (2,186,344 | ) | — | — | ||||||||||||||||
A Shares | — | (259,548 | ) | — | (191,370 | ) | — | — | ||||||||||||||||
C Shares | — | — | — | (646,870 | ) | — | — | |||||||||||||||||
R Shares | — | (64,572 | ) | — | — | — | — | |||||||||||||||||
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Total Dividends and Distributions | (3,086,095 | ) | (14,642,064 | ) | (954,938 | ) | (5,684,972 | ) | (2,152,886 | ) | (4,837,712 | ) | ||||||||||||
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Change in Net Assets from Capital Transactions | (102,007,365 | ) | (71,898,387 | ) | (6,450,746 | ) | (8,242,894 | ) | (11,785,562 | ) | (629,852 | ) | ||||||||||||
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Change in Net Assets | (114,311,389 | ) | (70,337,033 | ) | (10,154,583 | ) | (8,437,542 | ) | (19,355,826 | ) | 2,636,261 | |||||||||||||
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Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 396,276,525 | 466,613,558 | 71,407,365 | 79,844,907 | 152,719,444 | 150,083,183 | ||||||||||||||||||
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End of Period | $ | 281,965,136 | $ | 396,276,525 | $ | 61,252,782 | $ | 71,407,365 | $ | 133,363,618 | $ | 152,719,444 | ||||||||||||
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Accumulated Net Investment Income (Loss), End of Period | $ | (1,179,265 | ) | $ | (562,821 | ) | $ | (192,922 | ) | $ | (192,954 | ) | $ | 190,618 | $ | 190,650 | ||||||||
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See Notes to Financial Statements.
123
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the periods indicated
High Grade Municipal Bond Fund | High Income Fund | Intermediate Bond Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 881,572 | $ | 1,567,817 | $ | 25,532,779 | $ | 51,100,174 | $ | 4,885,339 | $ | 18,266,339 | ||||||||||||
Net Realized Gain (Loss) | (663,393 | ) | 1,043,022 | 9,718,565 | 9,708,279 | 136,808 | 37,775,410 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (2,385,323 | ) | 1,055,712 | (32,045,732 | ) | 41,072,116 | (18,275,071 | ) | (19,448,314 | ) | ||||||||||||||
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Change in Net Assets from Operations | (2,167,144 | ) | 3,666,551 | 3,205,612 | 101,880,569 | (13,252,924 | ) | 36,593,435 | ||||||||||||||||
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Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (745,718 | ) | (1,324,687 | ) | (21,457,904 | ) | (42,786,055 | ) | (4,935,847 | ) | (18,296,426 | ) | ||||||||||||
A Shares | (135,852 | ) | (243,149 | ) | (3,782,201 | ) | (6,857,685 | ) | (42,664 | ) | (162,141 | ) | ||||||||||||
R Shares | — | — | (627,533 | ) | (1,256,539 | ) | (104 | ) | (698 | ) | ||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | (1,469,635 | ) | — | — | — | (30,465,039 | ) | ||||||||||||||||
A Shares | — | (275,382 | ) | — | — | — | (344,694 | ) | ||||||||||||||||
R Shares | — | — | — | — | — | (775 | ) | |||||||||||||||||
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Total Dividends and Distributions | (881,570 | ) | (3,312,853 | ) | (25,867,638 | ) | (50,900,279 | ) | (4,978,615 | ) | (49,269,773 | ) | ||||||||||||
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Change in Net Assets from Capital Transactions | (4,348,152 | ) | 14,781,785 | (53,998,239 | ) | 180,698,581 | (449,389,119 | ) | (240,973,715 | ) | ||||||||||||||
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Change in Net Assets | (7,396,866 | ) | 15,135,483 | (76,660,265 | ) | 231,678,871 | (467,620,658 | ) | (253,650,053 | ) | ||||||||||||||
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Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 66,254,151 | 51,118,668 | 927,831,792 | 696,152,921 | 952,625,877 | 1,206,275,930 | ||||||||||||||||||
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End of Period | $ | 58,857,285 | $ | 66,254,151 | $ | 851,171,527 | $ | 927,831,792 | $ | 485,005,219 | $ | 952,625,877 | ||||||||||||
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Accumulated Net Investment Income (Loss), End of Period | $ | (7,141 | ) | $ | (7,143 | ) | $ | (684,905 | ) | $ | (350,046 | ) | $ | (1,266,051 | ) | $ | (1,172,775 | ) | ||||||
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See Notes to Financial Statements.
124
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the periods indicated
Investment Grade Tax-Exempt Bond Fund | Limited Duration Fund | Limited-Term Federal Mortgage Securities Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 9,383,334 | $ | 20,256,618 | $ | 10,199 | $ | 56,456 | $ | 21,057 | $ | 22,778 | ||||||||||||
Net Realized Gain (Loss) | (4,729,371 | ) | 19,891,403 | 9,956 | 39,606 | (65,270 | ) | 1,250,502 | ||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (27,041,212 | ) | 8,822,011 | (28,451 | ) | 19,238 | (290,101 | ) | (599,719 | ) | ||||||||||||||
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Change in Net Assets from Operations | (22,387,249 | ) | 48,970,032 | (8,296 | ) | 115,300 | (334,314 | ) | 673,561 | |||||||||||||||
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Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (9,013,286 | ) | (19,608,181 | ) | (7,307 | ) | (41,881 | ) | (66,713 | ) | (274,801 | ) | ||||||||||||
A Shares | (370,152 | ) | (651,933 | ) | — | — | (15,295 | ) | (42,708 | ) | ||||||||||||||
C Shares | — | — | — | — | (18,388 | ) | (41,189 | ) | ||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | (30,115,855 | ) | — | — | — | — | |||||||||||||||||
A Shares | — | (1,134,849 | ) | — | — | — | — | |||||||||||||||||
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Total Dividends and Distributions | (9,383,438 | ) | (51,510,818 | ) | (7,307 | ) | (41,881 | ) | (100,396 | ) | (358,698 | ) | ||||||||||||
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Change in Net Assets from Capital Transactions | (218,519,959 | ) | 33,200,723 | (2,709,499 | ) | (6,718,359 | ) | (3,782,001 | ) | (21,495,655 | ) | |||||||||||||
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Change in Net Assets | (250,290,646 | ) | 30,659,937 | (2,725,102 | ) | (6,644,940 | ) | (4,216,711 | ) | (21,180,792 | ) | |||||||||||||
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Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 1,019,129,054 | 988,469,117 | 9,357,409 | 16,002,349 | 17,161,854 | 38,342,646 | ||||||||||||||||||
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End of Period | $ | 768,838,408 | $ | 1,019,129,054 | $ | 6,632,307 | $ | 9,357,409 | $ | 12,945,143 | $ | 17,161,854 | ||||||||||||
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Accumulated Net Investment Income (Loss), End of Period | $ | (227,804 | ) | $ | (227,700 | ) | $ | 1,036 | $ | (1,856 | ) | $ | (98,595 | ) | $ | (19,256 | ) | |||||||
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See Notes to Financial Statements.
125
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the periods indicated
North Carolina Tax-Exempt Bond Fund | Seix Floating Rate High Income Fund | Seix High Yield Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 632,656 | $ | 1,486,954 | $ | 143,300,130 | $ | 215,111,306 | $ | 49,942,322 | $ | 133,070,532 | ||||||||||||
Net Realized Gain (Loss) | (1,171,090 | ) | 1,975,936 | 5,391,102 | 18,424,010 | 29,329,024 | 53,623,005 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (1,310,957 | ) | (929,051 | ) | (69,551,498 | ) | 78,561,655 | (79,580,091 | ) | 63,484,472 | ||||||||||||||
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Change in Net Assets from Operations | (1,849,391 | ) | 2,533,839 | 79,139,734 | 312,096,971 | (308,745 | ) | 250,178,009 | ||||||||||||||||
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Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (622,322 | ) | (1,467,922 | ) | (136,129,418 | ) | (198,173,277 | ) | (49,012,931 | ) | (128,076,933 | ) | ||||||||||||
A Shares | (10,346 | ) | (19,014 | ) | (2,553,509 | ) | (2,386,027 | ) | (1,538,051 | ) | (3,752,431 | ) | ||||||||||||
C Shares | — | — | (814,710 | ) | (1,259,361 | ) | — | — | ||||||||||||||||
R Shares | — | — | — | — | (54,309 | ) | (139,203 | ) | ||||||||||||||||
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Total Dividends and Distributions | (632,668 | ) | (1,486,936 | ) | (139,497,637 | ) | (201,818,665 | ) | (50,605,291 | ) | (131,968,567 | ) | ||||||||||||
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Change in Net Assets from Capital Transactions | (1,823,115 | ) | (190,751 | ) | 2,197,965,267 | 2,309,433,271 | (121,391,907 | ) | (414,422,342 | ) | ||||||||||||||
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Change in Net Assets | (4,305,174 | ) | 856,152 | 2,137,607,364 | 2,419,711,577 | (172,305,943 | ) | (296,212,900 | ) | |||||||||||||||
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Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 51,901,219 | 51,045,067 | 5,920,379,741 | 3,500,668,164 | 1,867,855,401 | 2,164,068,301 | ||||||||||||||||||
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End of Period | $ | 47,596,045 | $ | 51,901,219 | $ | 8,057,987,105 | $ | 5,920,379,741 | $ | 1,695,549,458 | $ | 1,867,855,401 | ||||||||||||
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Accumulated Net Investment Income (Loss), End of Period | $ | (63,090 | ) | $ | (63,078 | ) | $ | 3,826,436 | $ | 23,943 | $ | (1,069,969 | ) | $ | (407,000 | ) | ||||||||
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See Notes to Financial Statements.
126
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the periods indicated
Short-Term Bond Fund | Short-Term Municipal Bond Fund | Short-Term U.S. Treasury Securities Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 451,177 | $ | 3,481,845 | $ | 20,280 | $ | 54,074 | $ | 5,513 | $ | 41,075 | ||||||||||||
Net Realized Gain (Loss) | 353,973 | 4,460,680 | (45,136 | ) | 585,879 | 2,058 | 36,023 | |||||||||||||||||
Net Change in Unrealized Depreciation | (819,146 | ) | (3,615,526 | ) | (25,248 | ) | (323,208 | ) | (47,268 | ) | (92,516 | ) | ||||||||||||
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Change in Net Assets from Operations | (13,996 | ) | 4,326,999 | (50,104 | ) | 316,745 | (39,697 | ) | (15,418 | ) | ||||||||||||||
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Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (444,596 | ) | (3,498,056 | ) | (17,623 | ) | (40,271 | ) | (4,122 | ) | (29,693 | ) | ||||||||||||
A Shares | (12,341 | ) | (29,322 | ) | (2,655 | ) | (13,801 | ) | (1,391 | ) | (9,848 | ) | ||||||||||||
C Shares | (3,507 | ) | (14,318 | ) | — | — | — | (1,520 | ) | |||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | — | — | (703,504 | ) | — | (12,659 | ) | ||||||||||||||||
A Shares | — | — | — | (317,101 | ) | — | (6,894 | ) | ||||||||||||||||
C Shares | — | — | — | — | — | (17,222 | ) | |||||||||||||||||
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Total Dividends and Distributions | (460,444 | ) | (3,541,696 | ) | (20,278 | ) | (1,074,677 | ) | (5,513 | ) | (77,836 | ) | ||||||||||||
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Change in Net Assets from Capital Transactions | (19,219,026 | ) | (234,247,904 | ) | 6,416,711 | 6,172,270 | (1,857,857 | ) | (7,571,951 | ) | ||||||||||||||
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Change in Net Assets | (19,693,466 | ) | (233,462,601 | ) | 6,346,329 | 5,414,338 | (1,903,067 | ) | (7,665,205 | ) | ||||||||||||||
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Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 82,878,567 | 316,341,168 | 14,815,557 | 9,401,219 | 12,221,945 | 19,887,150 | ||||||||||||||||||
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End of Period | $ | 63,185,101 | $ | 82,878,567 | $ | 21,161,886 | $ | 14,815,557 | $ | 10,318,878 | $ | 12,221,945 | ||||||||||||
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Accumulated Net Investment Income (Loss), End of Period | $ | (10,614 | ) | $ | (1,347 | ) | $ | (1,450 | ) | $ | (1,452 | ) | $ | (100 | ) | $ | (100 | ) | ||||||
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See Notes to Financial Statements.
127
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the periods indicated
Total Return Bond Fund | Ultra-Short Bond Fund | U.S. Government Securities Fund | ||||||||||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||||||||
(Unaudited) | (Unaudited) | (Unaudited) | ||||||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 11,065,300 | $ | 20,831,585 | $ | 445,854 | $ | 1,135,594 | $ | 64,818 | $ | 185,915 | ||||||||||||
Net Realized Gain (Loss) | (12,217,839 | ) | 21,606,898 | 77,242 | 566,410 | (64,186 | ) | 767,150 | ||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (29,797,311 | ) | 2,564,055 | (579,540 | ) | (6,011 | ) | (763,133 | ) | 30,778 | ||||||||||||||
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| |||||||||||||
Change in Net Assets from Operations | (30,949,850 | ) | 45,002,538 | (56,444 | ) | 1,695,993 | (762,501 | ) | 983,843 | |||||||||||||||
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| |||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (9,843,280 | ) | (21,920,205 | ) | (510,740 | ) | (1,236,755 | ) | (63,469 | ) | (181,707 | ) | ||||||||||||
A Shares | (344,440 | ) | (863,304 | ) | — | — | (1,348 | ) | (4,244 | ) | ||||||||||||||
R Shares | (401,675 | ) | (595,142 | ) | — | — | — | — | ||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | (22,724,839 | ) | — | — | — | (1,742,333 | ) | ||||||||||||||||
A Shares | — | (979,427 | ) | — | — | — | (77,637 | ) | ||||||||||||||||
C Shares | — | — | — | — | — | (96,769 | ) | |||||||||||||||||
R Shares | — | (1,094,431 | ) | — | — | — | — | |||||||||||||||||
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|
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| |||||||||||||
Total Dividends and Distributions | (10,589,395 | ) | (48,177,348 | ) | (510,740 | ) | (1,236,755 | ) | (64,817 | ) | (2,102,690 | ) | ||||||||||||
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| |||||||||||||
Change in Net Assets from Capital Transactions | (56,844,670 | ) | 269,491,980 | 15,682,871 | (3,851,548 | ) | (9,678,627 | ) | (4,378,712 | ) | ||||||||||||||
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|
|
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|
| |||||||||||||
Change in Net Assets | (98,383,915 | ) | 266,317,170 | 15,115,687 | (3,392,310 | ) | (10,505,945 | ) | (5,497,559 | ) | ||||||||||||||
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| |||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 1,327,203,352 | 1,060,886,182 | 109,224,294 | 112,616,604 | 39,454,009 | 44,951,568 | ||||||||||||||||||
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End of Period | $ | 1,228,819,437 | $ | 1,327,203,352 | $ | 124,339,981 | $ | 109,224,294 | $ | 28,948,064 | $ | 39,454,009 | ||||||||||||
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Accumulated Net Investment Income (Loss), End of Period | $ | (921,833 | ) | $ | (1,397,738 | ) | $ | (67,335 | ) | $ | (2,449 | ) | $ | (77 | ) | $ | (78 | ) | ||||||
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See Notes to Financial Statements.
128
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS
RIDGEWORTH FUNDS For the periods indicated
U.S. Government Securities Ultra-Short Bond Fund | Virginia Intermediate Municipal Bond Fund | |||||||||||||||
04/01/13- 09/30/13 | 04/01/12- 03/31/13 | 04/01/13- 09/30/13 | 04/01/12- 03/31/13 | |||||||||||||
(Unaudited) | (Unaudited) | |||||||||||||||
Operations: | ||||||||||||||||
Net Investment Income | $ | 2,527,808 | $ | 6,719,005 | $ | 2,153,384 | $ | 4,647,658 | ||||||||
Net Realized Gain (Loss) | 219,451 | 14,982,909 | (1,867,420 | ) | 3,083,203 | |||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (10,100,729 | ) | 2,192,598 | (3,946,048 | ) | (1,915,193 | ) | |||||||||
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| |||||||||
Change in Net Assets from Operations | (7,353,470 | ) | 23,894,512 | (3,660,084 | ) | 5,815,668 | ||||||||||
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| |||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||
Net Investment Income: | ||||||||||||||||
I Shares | (6,679,401 | ) | (18,391,336 | ) | (2,014,404 | ) | (4,325,538 | ) | ||||||||
A Shares | — | — | (139,070 | ) | (322,474 | ) | ||||||||||
Net Realized Gains: | ||||||||||||||||
I Shares | — | — | — | (2,258,696 | ) | |||||||||||
A Shares | — | — | — | (170,718 | ) | |||||||||||
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Total Dividends and Distributions | (6,679,401 | ) | (18,391,336 | ) | (2,153,474 | ) | (7,077,426 | ) | ||||||||
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| |||||||||
Change in Net Assets from Capital Transactions | (70,582,978 | ) | 292,644,954 | (2,794,055 | ) | (2,961,697 | ) | |||||||||
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| |||||||||
Change in Net Assets | (84,615,849 | ) | 298,148,130 | (8,607,613 | ) | (4,223,455 | ) | |||||||||
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| |||||||||
Net Assets: | ||||||||||||||||
Beginning of Period | 2,331,913,069 | 2,033,764,939 | 155,884,569 | 160,108,024 | ||||||||||||
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End of Period | $ | 2,247,297,220 | $ | 2,331,913,069 | $ | 147,276,956 | $ | 155,884,569 | ||||||||
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Accumulated Net Investment Income (Loss), End of Period | $ | (4,154,852 | ) | $ | (3,259 | ) | $ | 19,429 | $ | 19,519 | ||||||
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See Notes to Financial Statements.
129
Table of Contents
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(d) | ||||||||||||||||||||||||||||||||||||||||||||||
Core Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $11.16 | $0.08 | (c) | $(0.33 | ) | $(0.25 | ) | $(0.10 | ) | $— | $— | $(0.10 | ) | $10.81 | $258,074 | (2.25 | )% | 0.42 | % | 0.42 | % | 1.44 | % | 108 | % | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.10 | 0.15 | (c) | 0.24 | 0.39 | (0.20 | ) | — | (0.13 | ) | (0.33 | ) | 11.16 | 370,455 | 3.53 | 0.38 | 0.38 | 1.33 | 151 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.00 | 0.24 | (c) | 0.81 | 1.05 | (0.27 | ) | — | (0.68 | ) | (0.95 | ) | 11.10 | 439,017 | 9.65 | 0.48 | 0.48 | 2.15 | 211 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.42 | 0.36 | (c) | 0.09 | 0.45 | (0.25 | ) | (0.10 | ) | (0.52 | ) | (0.87 | ) | 11.00 | 295,931 | 3.91 | 0.60 | 0.60 | 3.11 | 119 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.93 | 0.43 | 0.46 | 0.89 | (0.39 | ) | — | (0.01 | ) | (0.40 | ) | 11.42 | 372,232 | 8.26 | 0.57 | 0.57 | 3.89 | 99 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.74 | 0.46 | 0.24 | 0.70 | (0.51 | ) | — | — | (0.51 | ) | 10.93 | 389,205 | 6.78 | 0.56 | 0.56 | 4.38 | 208 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.16 | 0.06 | (c) | (0.34 | ) | (0.28 | ) | (0.08 | ) | — | — | (0.08 | ) | 10.80 | 19,470 | (2.49 | ) | 0.72 | 0.72 | 1.16 | 108 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.10 | 0.11 | (c) | 0.24 | 0.35 | (0.16 | ) | — | (0.13 | ) | (0.29 | ) | 11.16 | 20,687 | 3.20 | 0.69 | 0.70 | 1.02 | 151 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.00 | 0.21 | (c) | 0.80 | 1.01 | (0.23 | ) | — | (0.68 | ) | (0.91 | ) | 11.10 | 21,644 | 9.29 | 0.82 | 0.82 | 1.84 | 211 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.42 | 0.35 | (c) | 0.06 | 0.41 | (0.21 | ) | (0.10 | ) | (0.52 | ) | (0.83 | ) | 11.00 | 19,087 | 3.61 | 0.87 | 0.87 | 3.03 | 119 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.93 | 0.41 | 0.45 | 0.86 | (0.36 | ) | — | (0.01 | ) | (0.37 | ) | 11.42 | 26,790 | 7.91 | 0.89 | 0.89 | 3.59 | 99 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.74 | 0.43 | 0.24 | 0.67 | (0.48 | ) | — | — | (0.48 | ) | 10.93 | 25,996 | 6.46 | 0.86 | 0.86 | 4.10 | 208 | |||||||||||||||||||||||||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.17 | 0.06 | (c) | (0.34 | ) | (0.28 | ) | (0.08 | ) | — | — | (0.08 | ) | 10.81 | 4,421 | (2.55 | ) | 0.86 | 0.86 | 1.02 | 108 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.10 | 0.10 | (c) | 0.24 | 0.34 | (0.14 | ) | — | (0.13 | ) | (0.27 | ) | 11.17 | 5,135 | 3.15 | 0.84 | 0.84 | 0.87 | 151 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.01 | 0.18 | (c) | 0.78 | 0.96 | (0.19 | ) | — | (0.68 | ) | (0.87 | ) | 11.10 | 5,952 | 8.83 | 1.16 | 1.16 | 1.55 | 211 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.42 | 0.31 | (c) | 0.08 | 0.39 | (0.18 | ) | (0.10 | ) | (0.52 | ) | (0.80 | ) | 11.01 | 6,648 | 3.41 | 1.20 | 1.20 | 2.71 | 119 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.93 | 0.37 | 0.45 | 0.82 | (0.32 | ) | — | (0.01 | ) | (0.33 | ) | 11.42 | 9,616 | 7.54 | 1.23 | 1.23 | 3.23 | 99 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.75 | 0.37 | 0.22 | 0.59 | (0.41 | ) | — | — | (0.41 | ) | 10.93 | 11,268 | 5.62 | 1.55 | 1.55 | 3.37 | 208 | |||||||||||||||||||||||||||||||||||||||||||
Corporate Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 9.30 | 0.14 | (c) | (0.49 | ) | (0.35 | ) | (0.14 | ) | — | — | (0.14 | ) | 8.81 | 49,093 | (3.78 | ) | 0.63 | 0.65 | 3.09 | 41 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.35 | 0.32 | (c) | 0.30 | 0.62 | (0.32 | ) | — | (0.35 | ) | (0.67 | ) | 9.30 | 51,828 | 6.71 | 0.60 | 0.61 | 3.36 | 58 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.59 | 0.39 | (c) | 0.46 | 0.85 | (0.39 | ) | — | (0.70 | ) | (1.09 | ) | 9.35 | 57,203 | 9.10 | 0.61 | 0.61 | 3.98 | 88 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.63 | 0.45 | (c) | 0.20 | 0.65 | (0.45 | ) | — | (0.24 | ) | (0.69 | ) | 9.59 | 63,132 | 6.92 | 0.52 | 0.52 | 4.56 | 45 | (e) | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.53 | 0.46 | (c) | 1.09 | 1.55 | (0.45 | ) | — | — | (0.45 | ) | 9.63 | 157,739 | 18.49 | 0.50 | 0.50 | 4.86 | 75 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.60 | 0.49 | (c) | (0.86 | ) | (0.37 | ) | (0.70 | ) | — | — | (0.70 | ) | 8.53 | 39,881 | (4.10 | ) | 0.73 | 0.74 | 5.29 | 357 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 9.35 | 0.12 | (c) | (0.49 | ) | (0.37 | ) | (0.13 | ) | — | — | (0.13 | ) | 8.85 | 962 | (4.00 | ) | 0.92 | 0.92 | 2.70 | 41 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.40 | 0.29 | (c) | 0.30 | 0.59 | (0.29 | ) | — | (0.35 | ) | (0.64 | ) | 9.35 | 4,020 | 6.39 | 0.88 | 0.88 | 3.06 | 58 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.64 | 0.36 | (c) | 0.46 | 0.82 | (0.36 | ) | — | (0.70 | ) | (1.06 | ) | 9.40 | 4,325 | 8.78 | 0.88 | 0.88 | 3.68 | 88 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.67 | 0.42 | (c) | 0.21 | 0.63 | (0.42 | ) | — | (0.24 | ) | (0.66 | ) | 9.64 | 2,198 | 6.67 | 0.83 | 0.83 | 4.25 | 45 | (e) | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.57 | 0.43 | (c) | 1.10 | 1.53 | (0.43 | ) | — | — | (0.43 | ) | 9.67 | 4,524 | 18.05 | 0.80 | 0.80 | 4.52 | 75 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.64 | 0.45 | (c) | (0.85 | ) | (0.40 | ) | (0.67 | ) | — | — | (0.67 | ) | 8.57 | 2,181 | (4.37 | ) | 1.03 | 1.03 | 4.96 | 357 |
See Notes to Financial Highlights and Notes to Financial Statements.
130
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $9.30 | $0.10 | (c) | $(0.49 | ) | $(0.39 | ) | $(0.10 | ) | $— | $— | $(0.10 | ) | $8.81 | $11,197 | (4.25 | )% | 1.61 | % | 1.62 | % | 2.10 | % | 41 | % | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.35 | 0.23 | (c) | 0.30 | 0.53 | (0.23 | ) | — | (0.35 | ) | (0.58 | ) | 9.30 | 15,558 | 5.67 | 1.57 | 1.58 | 2.39 | 58 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.59 | 0.29 | (c) | 0.46 | 0.75 | (0.29 | ) | — | (0.70 | ) | (0.99 | ) | 9.35 | 18,317 | 8.05 | 1.58 | 1.58 | 3.00 | 88 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.63 | 0.36 | (c) | 0.20 | 0.56 | (0.36 | ) | — | (0.24 | ) | (0.60 | ) | 9.59 | 16,193 | 5.87 | 1.50 | 1.50 | 3.64 | 45 | (e) | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.53 | 0.36 | 1.10 | 1.46 | (0.36 | ) | — | — | (0.36 | ) | 9.63 | 18,885 | 17.32 | 1.50 | 1.50 | 3.89 | 75 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.61 | 0.40 | (c) | (0.87 | ) | (0.47 | ) | (0.61 | ) | — | — | (0.61 | ) | 8.53 | 18,171 | (5.16 | ) | 1.73 | 1.74 | 4.32 | 357 | |||||||||||||||||||||||||||||||||||||||
Georgia Tax-Exempt Bond Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.78 | 0.16 | (c) | (0.53 | ) | (0.37 | ) | (0.16 | ) | — | — | (0.16 | ) | 10.25 | 129,084 | (3.48 | ) | 0.58 | 0.58 | 2.97 | 37 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.55 | 0.34 | (c) | 0.23 | 0.57 | (0.34 | ) | — | — | (0.34 | ) | 10.78 | 148,153 | 5.44 | 0.59 | 0.59 | 3.15 | 50 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.73 | 0.36 | (c) | 0.82 | 1.18 | (0.36 | ) | — | — | (0.36 | ) | 10.55 | 145,803 | 12.33 | 0.62 | 0.62 | 3.55 | 57 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.23 | 0.39 | (c) | (0.50 | ) | (0.11 | ) | (0.39 | ) | — | — | (0.39 | ) | 9.73 | 159,996 | (1.19 | ) | 0.61 | 0.61 | 3.81 | 44 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.81 | 0.39 | 0.42 | 0.81 | (0.39 | ) | — | — | (0.39 | ) | 10.23 | 205,856 | 8.32 | 0.60 | 0.60 | 3.80 | 45 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009* | 9.95 | 0.37 | (0.14 | ) | 0.23 | (0.37 | ) | — | — | (0.37 | ) | 9.81 | 163,761 | 2.43 | 0.67 | 0.68 | 3.82 | 63 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.80 | 0.15 | (c) | (0.53 | ) | (0.38 | ) | (0.15 | ) | — | — | (0.15 | ) | 10.27 | 4,279 | (3.54 | ) | 0.73 | 0.73 | 2.83 | 37 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.57 | 0.32 | (c) | 0.23 | 0.55 | (0.32 | ) | — | — | (0.32 | ) | 10.80 | 4,566 | 5.27 | 0.74 | 0.74 | 2.99 | 50 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.75 | 0.35 | (c) | 0.82 | 1.17 | (0.35 | ) | — | — | (0.35 | ) | 10.57 | 4,280 | 12.14 | 0.77 | 0.77 | 3.39 | 57 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.24 | 0.37 | (c) | (0.49 | ) | (0.12 | ) | (0.37 | ) | — | — | (0.37 | ) | 9.75 | 5,557 | (1.24 | ) | 0.76 | 0.76 | 3.64 | 44 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.83 | 0.36 | 0.42 | 0.78 | (0.37 | ) | — | — | (0.37 | ) | 10.24 | 10,184 | 8.03 | 0.75 | 0.75 | 3.56 | 45 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009* | 9.97 | 0.37 | (0.15 | ) | 0.22 | (0.36 | ) | — | — | (0.36 | ) | 9.83 | 2,747 | 2.27 | 0.82 | 0.83 | 3.66 | 63 | ||||||||||||||||||||||||||||||||||||||||||
High Grade Municipal Bond Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.10 | 0.16 | (c) | (0.52 | ) | (0.36 | ) | (0.16 | ) | — | — | (0.16 | ) | 11.58 | 49,853 | 2.97 | 0.65 | 0.67 | 2.73 | 124 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.96 | 0.34 | (c) | 0.50 | 0.84 | (0.34 | ) | — | (0.36 | ) | (0.70 | ) | 12.10 | 54,892 | 7.12 | 0.65 | 0.68 | 2.78 | 168 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.92 | 0.38 | (c) | 1.07 | 1.45 | (0.38 | ) | — | (0.03 | ) | (0.41 | ) | 11.96 | 42,963 | 13.43 | 0.64 | 0.66 | 3.29 | 218 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.15 | 0.44 | (c) | (0.23 | ) | 0.21 | (0.44 | ) | — | — | (0.44 | ) | 10.92 | 47,695 | 1.82 | 0.65 | 0.71 | 3.90 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.49 | 0.42 | 0.66 | 1.08 | (0.42 | ) | — | — | (0.42 | ) | 11.15 | 55,203 | 10.43 | 0.64 | 0.66 | 3.83 | 123 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.80 | 0.38 | (0.31 | ) | 0.07 | (0.38 | ) | — | — | (0.38 | ) | 10.49 | 74,586 | 0.72 | 0.62 | 0.62 | 3.57 | 209 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.11 | 0.15 | (c) | (0.53 | ) | (0.38 | ) | (0.15 | ) | — | — | (0.15 | ) | 11.58 | 9,004 | 3.12 | 0.80 | 0.81 | 2.58 | 124 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.97 | 0.32 | (c) | 0.50 | 0.82 | (0.32 | ) | — | (0.36 | ) | (0.68 | ) | 12.11 | 11,363 | 6.97 | 0.80 | 0.83 | 2.63 | 168 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.92 | 0.36 | (c) | 1.08 | 1.44 | (0.36 | ) | — | (0.03 | ) | (0.39 | ) | 11.97 | 8,155 | 13.36 | 0.79 | 0.81 | 3.15 | 218 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.15 | 0.42 | (c) | (0.23 | ) | 0.19 | (0.42 | ) | — | — | (0.42 | ) | 10.92 | 7,914 | 1.66 | 0.80 | 0.87 | 3.72 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.49 | 0.40 | 0.66 | 1.06 | (0.40 | ) | — | — | (0.40 | ) | 11.15 | 5,605 | 10.26 | 0.79 | 0.81 | 3.66 | 123 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.80 | 0.37 | (0.31 | ) | 0.06 | (0.37 | ) | — | — | (0.37 | ) | 10.49 | 1,900 | 0.56 | 0.78 | 0.78 | 3.47 | 209 |
See Notes to Financial Highlights and Notes to Financial Statements.
131
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
High Income Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $7.32 | $0.25 | (c) | $(0.43 | ) | $(0.18 | ) | $— | $— | $— | $— | $7.14 | $676,320 | 0.48 | % | 0.77 | % | 0.78 | % | 6.78 | % | 54 | % | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 6.89 | 0.45 | 0.43 | 0.88 | (0.45 | ) | — | — | (0.45 | ) | 7.32 | 784,870 | 13.17 | 0.74 | 0.75 | 6.33 | 118 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 7.29 | 0.51 | (c) | (0.32 | ) | 0.19 | (0.52 | ) | — | (0.07 | ) | (0.59 | ) | 6.89 | 576,626 | 3.04 | 0.71 | 0.71 | 7.37 | 148 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 6.77 | 0.50 | (c) | 0.54 | 1.04 | (0.50 | ) | — | (0.02 | ) | (0.52 | ) | 7.29 | 394,690 | 15.83 | 0.70 | 0.70 | 7.10 | 259 | (e) | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.67 | 0.55 | 2.09 | 2.64 | (0.54 | ) | — | — | (0.54 | ) | 6.77 | 148,252 | 58.65 | 0.70 | 0.72 | 8.97 | 466 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 6.40 | 0.54 | (1.74 | ) | (1.20 | ) | (0.53 | ) | — | — | (0.53 | ) | 4.67 | 23,995 | (19.40 | ) | 0.70 | 0.76 | 9.67 | 368 | ||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 7.32 | 0.24 | (c) | (0.42 | ) | (0.18 | ) | — | — | — | — | 7.14 | 153,140 | 0.24 | 0.98 | 0.98 | 6.60 | 54 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 6.90 | 0.43 | 0.42 | 0.85 | (0.43 | ) | — | — | (0.43 | ) | 7.32 | 119,006 | 12.72 | 0.99 | 0.99 | 6.09 | 118 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 7.29 | 0.49 | (c) | (0.31 | ) | 0.18 | (0.50 | ) | — | (0.07 | ) | (0.57 | ) | 6.90 | 99,210 | 2.74 | 1.00 | 1.00 | 7.09 | 148 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 6.78 | 0.47 | (c) | 0.54 | 1.01 | (0.48 | ) | — | (0.02 | ) | (0.50 | ) | 7.29 | 70,552 | 15.47 | 1.00 | 1.00 | 6.62 | 259 | (e) | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.68 | 0.53 | 2.09 | 2.62 | (0.52 | ) | — | — | (0.52 | ) | 6.78 | 3,822 | 58.07 | 0.99 | 1.01 | 8.67 | 466 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 6.41 | 0.52 | (1.74 | ) | (1.22 | ) | (0.51 | ) | — | — | (0.51 | ) | 4.68 | 860 | (19.60 | ) | 0.99 | 1.04 | 8.33 | 368 | ||||||||||||||||||||||||||||||||||||||||
R Shares(f) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 7.32 | 0.23 | (c) | (0.41 | ) | (0.18 | ) | — | — | — | — | 7.14 | 21,712 | 0.26 | 1.20 | 1.20 | 6.37 | 54 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 6.89 | 0.41 | 0.43 | 0.84 | (0.41 | ) | — | — | (0.41 | ) | 7.32 | 23,956 | 12.61 | 1.23 | 1.23 | 5.85 | 118 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 7.29 | 0.47 | (c) | (0.33 | ) | 0.14 | (0.47 | ) | — | (0.07 | ) | (0.54 | ) | 6.89 | 20,317 | 2.25 | 1.35 | 1.35 | 6.76 | 148 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 6.78 | 0.45 | (c) | 0.53 | 0.98 | (0.45 | ) | — | (0.02 | ) | (0.47 | ) | 7.29 | 15,671 | 15.07 | 1.40 | 1.40 | 6.54 | 259 | (e) | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.67 | 0.51 | 2.10 | 2.61 | (0.50 | ) | — | — | (0.50 | ) | 6.78 | 16,176 | 57.86 | 1.35 | 1.38 | 8.68 | 466 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 6.40 | 0.49 | (1.74 | ) | (1.25 | ) | (0.48 | ) | — | — | (0.48 | ) | 4.67 | 12,249 | (20.20 | ) | 1.70 | 1.76 | 8.54 | 368 | ||||||||||||||||||||||||||||||||||||||||
Intermediate Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.31 | 0.06 | (c) | (0.20 | ) | (0.14 | ) | (0.07 | ) | — | — | (0.07 | ) | 10.10 | 479,182 | (1.39 | ) | 0.38 | 0.38 | 1.27 | 77 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.45 | 0.17 | (c) | 0.16 | 0.33 | (0.17 | ) | — | (0.30 | ) | (0.47 | ) | 10.31 | 942,715 | 3.24 | 0.35 | 0.35 | 1.63 | 116 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.35 | 0.22 | (c) | 0.45 | 0.67 | (0.22 | ) | — | (0.35 | ) | (0.57 | ) | 10.45 | 1,194,207 | 6.45 | 0.35 | 0.35 | 2.04 | 139 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.53 | 0.29 | (c) | 0.11 | 0.40 | (0.25 | ) | (0.03 | ) | (0.30 | ) | (0.58 | ) | 10.35 | 1,305,914 | 3.75 | 0.34 | 0.34 | 2.73 | 127 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.27 | 0.34 | (c) | 0.27 | 0.61 | (0.30 | ) | — | (0.05 | ) | (0.35 | ) | 10.53 | 1,559,191 | 6.08 | 0.31 | 0.31 | 3.24 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.43 | 0.24 | 0.67 | (0.46 | ) | — | (0.23 | ) | (0.69 | ) | 10.27 | 1,071,496 | 6.83 | 0.29 | 0.29 | 4.24 | 217 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.31 | 0.05 | (c) | (0.20 | ) | (0.15 | ) | (0.05 | ) | — | — | (0.05 | ) | 10.11 | 5,797 | (1.43 | ) | 0.67 | 0.67 | 1.00 | 77 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.46 | 0.14 | (c) | 0.15 | 0.29 | (0.14 | ) | — | (0.30 | ) | (0.44 | ) | 10.31 | 9,878 | 2.85 | 0.63 | 0.63 | 1.34 | 116 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.35 | 0.19 | (c) | 0.46 | 0.65 | (0.19 | ) | — | (0.35 | ) | (0.54 | ) | 10.46 | 11,320 | 6.26 | 0.62 | 0.62 | 1.75 | 139 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.53 | 0.28 | (c) | 0.09 | 0.37 | (0.22 | ) | (0.03 | ) | (0.30 | ) | (0.55 | ) | 10.35 | 12,926 | 3.49 | 0.60 | 0.60 | 2.62 | 127 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.27 | 0.31 | (c) | 0.28 | 0.59 | (0.28 | ) | — | (0.05 | ) | (0.33 | ) | 10.53 | 11,916 | 5.83 | 0.55 | 0.55 | 2.96 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.41 | (c) | 0.23 | 0.64 | (0.43 | ) | — | (0.23 | ) | (0.66 | ) | 10.27 | 2,624 | 6.54 | 0.54 | 0.54 | 3.89 | 217 |
See Notes to Financial Highlights and Notes to Financial Statements.
132
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
R Shares(g) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $10.30 | $0.04 | (c) | $(0.20 | ) | $(0.16 | ) | $(0.04 | ) | $— | $— | $(0.04 | ) | $10.10 | $27 | (1.58 | )% | 0.97 | % | 0.97 | % | 0.72 | % | 77 | % | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.45 | 0.11 | (c) | 0.15 | 0.26 | (0.11 | ) | — | (0.30 | ) | (0.41 | ) | 10.30 | 32 | 2.58 | 0.92 | 1.82 | 1.06 | 116 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.35 | 0.14 | (c) | 0.45 | 0.59 | (0.14 | ) | — | (0.35 | ) | (0.49 | ) | 10.45 | 749 | 5.72 | 1.04 | 1.04 | 1.36 | 139 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.53 | 0.23 | (c) | 0.09 | 0.32 | (0.17 | ) | (0.03 | ) | (0.30 | ) | (0.50 | ) | 10.35 | 901 | 3.03 | 1.10 | 1.10 | 2.13 | 127 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.27 | 0.27 | (c) | 0.28 | 0.55 | (0.24 | ) | — | (0.05 | ) | (0.29 | ) | 10.53 | 1,068 | 5.47 | 0.91 | 0.91 | 2.56 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.36 | 0.22 | 0.58 | (0.37 | ) | — | (0.23 | ) | (0.60 | ) | 10.27 | 543 | 5.84 | 1.02 | 1.02 | 3.33 | 217 | ||||||||||||||||||||||||||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.45 | 0.13 | (c) | (0.44 | ) | (0.31 | ) | (0.13 | ) | — | — | (0.13 | ) | 12.01 | 736,894 | (2.47 | ) | 0.65 | 0.65 | 2.17 | 48 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 12.49 | 0.25 | (c) | 0.35 | 0.60 | (0.25 | ) | — | (0.39 | ) | (0.64 | ) | 12.45 | 982,171 | 4.87 | 0.62 | 0.63 | 1.98 | 151 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.65 | 0.29 | (c) | 0.93 | 1.22 | (0.29 | ) | — | (0.09 | ) | (0.38 | ) | 12.49 | 950,629 | 10.62 | 0.61 | 0.61 | 2.38 | 199 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.99 | 0.33 | (c) | (0.06 | ) | 0.27 | (0.33 | ) | — | (0.28 | ) | (0.61 | ) | 11.65 | 1,067,672 | 2.22 | 0.57 | 0.57 | 2.71 | 159 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.60 | 0.37 | 0.56 | 0.93 | (0.37 | ) | — | (0.17 | ) | (0.54 | ) | 11.99 | 1,037,972 | 8.15 | 0.55 | 0.56 | 3.08 | 169 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.59 | 0.38 | 0.08 | 0.46 | (0.38 | ) | — | (0.07 | ) | (0.45 | ) | 11.60 | 817,297 | 4.12 | 0.54 | 0.55 | 3.30 | 221 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 12.47 | 0.12 | (c) | (0.44 | ) | (0.32 | ) | (0.12 | ) | — | — | (0.12 | ) | 12.03 | 31,944 | (2.54 | ) | 0.80 | 0.90 | 2.02 | 48 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 12.50 | 0.23 | (c) | 0.36 | 0.59 | (0.23 | ) | — | (0.39 | ) | (0.62 | ) | 12.47 | 36,958 | 4.75 | 0.82 | 0.87 | 1.78 | 151 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 11.66 | 0.26 | (c) | 0.93 | 1.19 | (0.26 | ) | — | (0.09 | ) | (0.35 | ) | 12.50 | 37,840 | 10.33 | 0.87 | 0.87 | 2.12 | 199 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.00 | 0.29 | (c) | (0.06 | ) | 0.23 | (0.29 | ) | — | (0.28 | ) | (0.57 | ) | 11.66 | 31,189 | 1.93 | 0.85 | 0.85 | 2.42 | 159 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.61 | 0.34 | 0.56 | 0.90 | (0.34 | ) | — | (0.17 | ) | (0.51 | ) | 12.00 | 24,344 | 7.82 | 0.84 | 0.85 | 2.74 | 169 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.60 | 0.34 | 0.08 | 0.42 | (0.34 | ) | — | (0.07 | ) | (0.41 | ) | 11.61 | 13,819 | 3.81 | 0.84 | 0.84 | 2.97 | 221 | ||||||||||||||||||||||||||||||||||||||||||
Limited Duration Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 9.83 | 0.01 | (c) | (0.03 | ) | (0.02 | ) | (0.01 | ) | — | — | (0.01 | ) | 9.80 | 6,632 | (0.21 | ) | 0.32 | 0.43 | 0.26 | 46 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.76 | 0.05 | (c) | 0.06 | 0.11 | (0.04 | ) | — | — | (0.04 | ) | 9.83 | 9,357 | 1.08 | 0.30 | 0.33 | 0.50 | 56 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.76 | 0.07 | (c) | (0.01 | ) | 0.06 | (0.06 | ) | — | — | (0.06 | ) | 9.76 | 16,002 | 0.58 | 0.28 | 0.28 | 0.68 | 58 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.71 | 0.10 | (c) | 0.03 | 0.13 | (0.08 | ) | — | — | (0.08 | ) | 9.76 | 21,883 | 1.37 | 0.22 | 0.22 | 1.11 | 74 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.52 | 0.08 | 0.18 | 0.26 | (0.07 | ) | — | — | (0.07 | ) | 9.71 | 22,482 | 2.69 | 0.23 | 0.23 | 0.82 | 124 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.87 | 0.23 | (0.37 | ) | (0.14 | ) | (0.21 | ) | — | — | (0.21 | ) | 9.52 | 30,826 | (1.38 | ) | 0.19 | 0.19 | 2.43 | 44 | ||||||||||||||||||||||||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.16 | 0.03 | (c) | (0.21 | ) | (0.18 | ) | (0.09 | ) | — | — | (0.09 | ) | 10.89 | 5,797 | (1.61 | ) | 0.66 | 1.06 | 0.64 | 177 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.09 | 0.04 | 0.21 | 0.25 | (0.18 | ) | — | — | (0.18 | ) | 11.16 | 8,851 | 2.26 | 0.66 | 0.85 | 0.37 | 163 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.59 | 0.12 | (c) | 0.62 | 0.74 | (0.24 | ) | — | — | (0.24 | ) | 11.09 | 24,688 | 7.01 | 0.66 | 0.72 | 1.06 | 299 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.38 | 0.19 | (c) | 0.30 | 0.49 | (0.28 | ) | — | — | (0.28 | ) | 10.59 | 30,522 | 4.73 | 0.65 | 0.80 | 1.77 | 443 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.19 | 0.31 | 0.23 | 0.54 | (0.35 | ) | — | — | (0.35 | ) | 10.38 | 20,998 | 5.41 | 0.62 | 0.66 | 3.25 | 435 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.93 | 0.43 | 0.29 | 0.72 | (0.46 | ) | — | — | (0.46 | ) | 10.19 | 39,135 | 7.48 | 0.60 | 0.60 | 4.34 | 337 |
See Notes to Financial Highlights and Notes to Financial Statements.
133
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $11.14 | $0.03 | (c) | $(0.22 | ) | $(0.19 | ) | $(0.08 | ) | $— | $— | $(0.08 | ) | $10.87 | $1,954 | (1.71 | )% | 0.86 | % | 1.23 | % | 0.46 | % | 177 | % | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.07 | 0.02 | 0.21 | 0.23 | (0.16 | ) | — | — | (0.16 | ) | 11.14 | 2,271 | 2.06 | 0.86 | 1.05 | 0.15 | 163 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.57 | 0.09 | (c) | 0.62 | 0.71 | (0.21 | ) | — | — | (0.21 | ) | 11.07 | 6,279 | 6.81 | 0.86 | 0.93 | 0.78 | 299 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.36 | 0.17 | (c) | 0.30 | 0.47 | (0.26 | ) | — | — | (0.26 | ) | 10.57 | 2,924 | 4.53 | 0.85 | 1.01 | 1.63 | 443 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.17 | 0.30 | 0.22 | 0.52 | (0.33 | ) | — | — | (0.33 | ) | 10.36 | 2,598 | 5.21 | 0.82 | 0.88 | 2.91 | 435 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.91 | 0.41 | 0.29 | 0.70 | (0.44 | ) | — | — | (0.44 | ) | 10.17 | 2,143 | 7.29 | 0.81 | 0.81 | 4.14 | 337 | |||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.16 | (0.02 | )(c) | (0.21 | ) | (0.23 | ) | (0.04 | ) | — | — | (0.04 | ) | 10.89 | 5,195 | (2.10 | ) | 1.66 | 2.00 | (0.34 | ) | 177 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.09 | (0.07 | ) | 0.21 | 0.14 | (0.07 | ) | — | — | (0.07 | ) | 11.16 | 6,039 | 1.25 | 1.66 | 1.84 | (0.65 | ) | 163 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.59 | 0.01 | (c) | 0.62 | 0.63 | (0.13 | ) | — | — | (0.13 | ) | 11.09 | 7,376 | 5.94 | 1.66 | 1.71 | 0.06 | 299 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.38 | 0.09 | (c) | 0.29 | 0.38 | (0.17 | ) | — | — | (0.17 | ) | 10.59 | 7,375 | 3.69 | 1.66 | 1.82 | 0.82 | 443 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.19 | 0.22 | 0.22 | 0.44 | (0.25 | ) | — | — | (0.25 | ) | 10.38 | 8,265 | 4.36 | 1.62 | 1.67 | 2.15 | 435 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.93 | 0.33 | 0.29 | 0.62 | (0.36 | ) | — | — | (0.36 | ) | 10.19 | 8,556 | 6.42 | 1.60 | 1.60 | 3.33 | 337 | |||||||||||||||||||||||||||||||||||||||||||
North Carolina Tax-Exempt Bond Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.68 | 0.13 | (c) | (0.50 | ) | (0.37 | ) | (0.13 | ) | — | — | (0.13 | ) | 10.18 | 46,747 | (3.46 | ) | 0.61 | 0.61 | 2.52 | 60 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.47 | 0.30 | (c) | 0.21 | 0.51 | (0.30 | ) | — | — | (0.30 | ) | 10.68 | 50,991 | 4.88 | 0.62 | 0.62 | 2.79 | 79 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.70 | 0.33 | (c) | 0.77 | 1.10 | (0.33 | ) | — | — | (0.33 | ) | 10.47 | 50,412 | 11.51 | 0.67 | 0.67 | 3.27 | 39 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.07 | 0.36 | (c) | (0.37 | ) | (0.01 | ) | (0.36 | ) | — | — | (0.36 | ) | 9.70 | 51,372 | (0.14 | ) | 0.64 | 0.64 | 3.61 | 49 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.63 | 0.37 | 0.44 | 0.81 | (0.37 | ) | — | — | (0.37 | ) | 10.07 | 51,866 | 8.53 | 0.62 | 0.62 | 3.72 | 65 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.71 | 0.35 | (0.08 | ) | 0.27 | (0.35 | ) | — | — | (0.35 | ) | 9.63 | 43,660 | 2.88 | 0.61 | 0.61 | 3.66 | 74 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.65 | 0.12 | (c) | (0.50 | ) | (0.38 | ) | (0.12 | ) | — | — | (0.12 | ) | 10.15 | 849 | (3.55 | ) | 0.77 | 0.77 | 2.36 | 60 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.45 | 0.28 | (c) | 0.20 | 0.48 | (0.28 | ) | — | — | (0.28 | ) | 10.65 | 910 | 4.63 | 0.77 | 0.77 | 2.60 | 79 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.67 | 0.32 | (c) | 0.78 | 1.10 | (0.32 | ) | — | — | (0.32 | ) | 10.45 | 633 | 11.47 | 0.82 | 0.82 | 3.11 | 39 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.04 | 0.35 | (c) | (0.37 | ) | (0.02 | ) | (0.35 | ) | — | — | (0.35 | ) | 9.67 | 693 | (0.30 | ) | 0.79 | 0.79 | 3.47 | 49 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.61 | 0.36 | 0.43 | 0.79 | (0.36 | ) | — | — | (0.36 | ) | 10.04 | 762 | 8.28 | 0.77 | 0.77 | 3.57 | 65 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.68 | 0.33 | (0.06 | ) | 0.27 | (0.34 | ) | — | — | (0.34 | ) | 9.61 | 559 | 2.84 | 0.76 | 0.76 | 3.53 | 74 | ||||||||||||||||||||||||||||||||||||||||||
Seix Floating Rate High Income Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 9.06 | 0.19 | (c) | (0.08 | ) | 0.11 | (0.18 | ) | — | — | (0.18 | ) | 8.99 | 7,807,670 | 1.23 | 0.57 | 0.57 | 4.11 | 23 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.83 | 0.46 | (c) | 0.20 | 0.66 | (0.43 | ) | — | — | (0.43 | ) | 9.06 | 5,780,847 | 7.67 | 0.60 | 0.60 | 5.13 | 70 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.01 | 0.50 | (c) | (0.22 | ) | 0.28 | (0.46 | ) | — | — | (0.46 | ) | 8.83 | 3,419,351 | 3.31 | 0.60 | 0.60 | 5.69 | 72 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.80 | 0.59 | (c) | 0.15 | 0.74 | (0.53 | ) | — | — | (0.53 | ) | 9.01 | 3,078,972 | 8.64 | 0.51 | 0.51 | 6.62 | 98 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.37 | 0.53 | 1.40 | 1.93 | (0.50 | ) | — | — | (0.50 | ) | 8.80 | 1,173,308 | 26.68 | 0.50 | 0.50 | 7.08 | 117 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.90 | 0.52 | (1.53 | ) | (1.01 | ) | (0.52 | ) | — | — | (0.52 | ) | 7.37 | 557,347 | (11.67 | ) | 0.49 | 0.49 | 6.31 | 226 |
See Notes to Financial Highlights and Notes to Financial Statements.
134
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $9.06 | $0.17 | (c) | $(0.07 | ) | $0.10 | $(0.17 | ) | $— | $— | $(0.17 | ) | $8.99 | $182,332 | 1.10 | % | 0.84 | % | 0.84 | % | 3.80 | % | 23 | % | ||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.83 | 0.43 | (c) | 0.21 | 0.64 | (0.41 | ) | — | — | (0.41 | ) | 9.06 | 99,040 | 7.39 | 0.85 | 0.85 | 4.85 | 70 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.01 | 0.48 | (c) | (0.22 | ) | 0.26 | (0.44 | ) | — | — | (0.44 | ) | 8.83 | 51,185 | 3.05 | 0.85 | 0.85 | 5.47 | 72 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.80 | 0.55 | (c) | 0.16 | 0.71 | (0.50 | ) | — | — | (0.50 | ) | 9.01 | 69,159 | 8.29 | 0.84 | 0.84 | 6.22 | 98 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.38 | 0.50 | 1.39 | 1.89 | (0.47 | ) | — | — | (0.47 | ) | 8.80 | 22,298 | 26.11 | 0.81 | 0.81 | 6.81 | 117 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.90 | 0.50 | (1.52 | ) | (1.02 | ) | (0.50 | ) | — | — | (0.50 | ) | 7.38 | 5,513 | (11.82 | ) | 0.79 | 0.79 | 6.08 | 226 | ||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 9.06 | 0.14 | (c) | (0.07 | ) | 0.07 | (0.14 | ) | — | — | (0.14 | ) | 8.99 | 67,983 | 0.77 | 1.49 | 1.49 | 3.17 | 23 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.83 | 0.38 | (c) | 0.20 | 0.58 | (0.35 | ) | — | — | (0.35 | ) | 9.06 | 40,493 | 6.69 | 1.51 | 1.51 | 4.22 | 70 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.02 | 0.42 | (c) | (0.23 | ) | 0.19 | (0.38 | ) | — | — | (0.38 | ) | 8.83 | 30,132 | 2.26 | 1.52 | 1.52 | 4.77 | 72 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.81 | 0.50 | (c) | 0.15 | 0.65 | (0.44 | ) | — | — | (0.44 | ) | 9.02 | 22,234 | 7.57 | 1.50 | 1.50 | 5.65 | 98 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.37 | 0.45 | 1.41 | 1.86 | (0.42 | ) | — | — | (0.42 | ) | 8.81 | 7,402 | 25.59 | 1.49 | 1.49 | 6.35 | 117 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.90 | 0.44 | (1.53 | ) | (1.09 | ) | (0.44 | ) | — | — | (0.44 | ) | 7.37 | 543 | (12.55 | ) | 1.49 | 1.49 | 5.27 | 226 | ||||||||||||||||||||||||||||||||||||||||
Seix High Yield Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.26 | 0.29 | (c) | (0.29 | ) | — | (0.29 | ) | — | — | (0.29 | ) | 9.97 | 1,627,042 | 0.03 | 0.56 | 0.56 | 5.70 | 45 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.69 | 0.64 | 0.56 | 1.20 | (0.63 | ) | — | — | (0.63 | ) | 10.26 | 1,792,768 | 12.80 | 0.54 | 0.54 | 6.41 | 79 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.07 | 0.70 | (c) | (0.38 | ) | 0.32 | (0.70 | ) | — | — | (0.70 | ) | 9.69 | 2,123,625 | 3.44 | 0.54 | 0.54 | 7.27 | 83 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.46 | 0.77 | (c) | 0.61 | 1.38 | (0.77 | ) | — | — | (0.77 | ) | 10.07 | 1,724,652 | 15.24 | 0.51 | 0.51 | 7.96 | 108 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.75 | 0.77 | 1.70 | 2.47 | (0.76 | ) | — | — | (0.76 | ) | 9.46 | 1,723,678 | 32.91 | 0.48 | 0.49 | 8.54 | 116 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.77 | 0.78 | (2.03 | ) | (1.25 | ) | (0.77 | ) | — | — | (0.77 | ) | 7.75 | 786,029 | (13.15 | ) | 0.50 | 0.51 | 8.99 | 114 | ||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.03 | 0.27 | (c) | (0.28 | ) | (0.01 | ) | (0.27 | ) | — | — | (0.27 | ) | 9.75 | 66,908 | (0.06 | ) | 0.81 | 0.81 | 5.45 | 45 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.47 | 0.59 | 0.56 | 1.15 | (0.59 | ) | — | — | (0.59 | ) | 10.03 | 72,703 | 12.56 | 0.79 | 0.79 | 6.09 | 79 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.84 | 0.65 | (c) | (0.36 | ) | 0.29 | (0.66 | ) | — | — | (0.66 | ) | 9.47 | 38,016 | 3.21 | 0.78 | 0.78 | 6.91 | 83 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.25 | 0.73 | (c) | 0.60 | 1.33 | (0.74 | ) | — | — | (0.74 | ) | 9.84 | 35,238 | 14.99 | 0.77 | 0.77 | 7.74 | 108 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.58 | 0.74 | 1.67 | 2.41 | (0.74 | ) | — | — | (0.74 | ) | 9.25 | 28,378 | 32.81 | 0.75 | 0.75 | 8.51 | 116 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.55 | 0.75 | (1.97 | ) | (1.22 | ) | (0.75 | ) | — | — | (0.75 | ) | 7.58 | 18,530 | (13.14 | ) | 0.76 | 0.77 | 8.84 | 114 | ||||||||||||||||||||||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.26 | 0.27 | (c) | (0.84 | ) | (0.57 | ) | 0.27 | — | — | 0.27 | 9.96 | 1,599 | (0.30 | ) | 1.04 | 1.04 | 5.22 | 45 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.68 | 0.59 | 0.57 | 1.16 | (0.58 | ) | — | — | (0.58 | ) | 10.26 | 2,385 | 12.36 | 1.03 | 1.03 | 5.92 | 79 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.07 | 0.65 | (c) | (0.40 | ) | 0.25 | (0.64 | ) | — | — | (0.64 | ) | 9.68 | 2,427 | 2.69 | 1.18 | 1.18 | 6.68 | 83 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.45 | 0.71 | (c) | 0.62 | 1.33 | (0.71 | ) | — | — | (0.71 | ) | 10.07 | 3,341 | 14.61 | 1.20 | 1.20 | 7.43 | 108 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.75 | 0.71 | 1.69 | 2.40 | (0.70 | ) | — | — | (0.70 | ) | 9.45 | 6,347 | 31.92 | 1.14 | 1.14 | 7.92 | 116 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.77 | 0.70 | (2.03 | ) | (1.33 | ) | (0.69 | ) | — | — | (0.69 | ) | 7.75 | 5,060 | (14.01 | ) | 1.50 | 1.50 | 7.90 | 114 |
See Notes to Financial Highlights and Notes to Financial Statements.
135
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Short-Term Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $10.00 | $0.06 | (c) | $(0.06 | ) | $— | $(0.06 | ) | $— | $— | $(0.06 | ) | $9.94 | $58,578 | 0.05 | % | 0.57 | % | 0.58 | % | 1.27 | % | 32 | % | ||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.99 | 0.15 | (c) | 0.01 | 0.16 | (0.15 | ) | — | — | (0.15 | ) | 10.00 | 78,386 | 1.65 | 0.48 | 0.48 | 1.51 | 128 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.95 | 0.20 | (c) | 0.06 | 0.26 | (0.22 | ) | — | — | (0.22 | ) | 9.99 | 310,854 | 2.60 | 0.48 | 0.48 | 2.00 | 86 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.94 | 0.21 | (c) | 0.02 | 0.23 | (0.22 | ) | — | — | (0.22 | ) | 9.95 | 350,162 | 2.28 | 0.48 | 0.48 | 2.12 | 150 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.40 | 0.30 | 0.53 | 0.83 | (0.29 | ) | — | — | (0.29 | ) | 9.94 | 489,413 | 8.91 | 0.46 | 0.46 | 3.00 | 122 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.87 | 0.40 | (0.47 | ) | (0.07 | ) | (0.40 | ) | — | — | (0.40 | ) | 9.40 | 326,801 | (0.70 | ) | 0.46 | 0.46 | 4.20 | 122 | ||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.03 | 0.05 | (c) | (0.06 | ) | (0.01 | ) | (0.05 | ) | — | — | (0.05 | ) | 9.97 | 2,532 | (0.05 | ) | 0.78 | 0.85 | 1.07 | 32 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.02 | 0.13 | (c) | 0.01 | 0.14 | (0.13 | ) | — | — | (0.13 | ) | 10.03 | 2,069 | 1.40 | 0.73 | 0.74 | 1.27 | 128 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.98 | 0.17 | (c) | 0.06 | 0.23 | (0.19 | ) | — | — | (0.19 | ) | 10.02 | 2,478 | 2.32 | 0.76 | 0.76 | 1.75 | 86 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.96 | 0.19 | (c) | 0.03 | 0.22 | (0.20 | ) | — | — | (0.20 | ) | 9.98 | 2,642 | 2.18 | 0.67 | 0.67 | 1.94 | 150 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.42 | 0.28 | 0.53 | 0.81 | (0.27 | ) | — | — | (0.27 | ) | 9.96 | 3,389 | 8.65 | 0.68 | 0.68 | 2.78 | 122 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.89 | 0.38 | (0.47 | ) | (0.09 | ) | (0.38 | ) | — | — | (0.38 | ) | 9.42 | 2,715 | (0.90 | ) | 0.66 | 0.66 | 4.00 | 122 | ||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.02 | 0.01 | (c) | (0.05 | ) | (0.04 | ) | (0.02 | ) | — | — | (0.02 | ) | 9.96 | 2,075 | (0.44 | ) | 1.56 | 1.57 | 0.28 | 32 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.01 | 0.05 | (c) | 0.01 | 0.06 | (0.05 | ) | — | — | (0.05 | ) | 10.02 | 2,425 | 0.65 | 1.48 | 1.48 | 0.52 | 128 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.98 | 0.10 | (c) | 0.05 | 0.15 | (0.12 | ) | — | — | (0.12 | ) | 10.01 | 3,009 | 1.48 | 1.48 | 1.48 | 1.01 | 86 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.96 | 0.11 | (c) | 0.03 | 0.14 | (0.12 | ) | — | — | (0.12 | ) | 9.98 | 2,685 | 1.36 | 1.47 | 1.47 | 1.12 | 150 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.42 | 0.20 | 0.53 | 0.73 | (0.19 | ) | — | — | (0.19 | ) | 9.96 | 2,754 | 7.81 | 1.46 | 1.46 | 2.03 | 122 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.89 | 0.30 | (0.47 | ) | (0.17 | ) | (0.30 | ) | — | — | (0.30 | ) | 9.42 | 2,948 | (1.69 | ) | 1.45 | 1.46 | 3.20 | 122 | ||||||||||||||||||||||||||||||||||||||||
Short-Term Municipal Bond Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.01 | 0.01 | (c) | (0.06 | ) | (0.05 | ) | (0.01 | ) | — | — | (0.01 | ) | 9.95 | �� | 16,726 | (0.46 | ) | 0.55 | 0.83 | 0.29 | 92 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.73 | 0.05 | (c) | 0.27 | 0.32 | (0.06 | ) | — | (0.98 | ) | (1.04 | ) | 10.01 | 11,121 | 3.01 | 0.58 | 0.91 | 0.52 | 199 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.16 | 0.32 | (c) | 0.70 | 1.02 | (0.31 | ) | — | (0.14 | ) | (0.45 | ) | 10.73 | 5,956 | 10.16 | 0.67 | 0.77 | 3.00 | 27 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.48 | 0.35 | (c) | (0.29 | ) | 0.06 | (0.35 | ) | — | (0.03 | ) | (0.38 | ) | 10.16 | 21,302 | 0.53 | 0.68 | 0.68 | 3.32 | 33 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.04 | 0.37 | 0.44 | 0.81 | (0.37 | ) | — | — | (0.37 | ) | 10.48 | 24,332 | 8.18 | 0.65 | 0.65 | 3.58 | 35 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.04 | 0.37 | — | 0.37 | (0.37 | ) | — | — | (0.37 | ) | 10.04 | 26,064 | 3.79 | 0.63 | 0.63 | 3.71 | 26 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.01 | 0.01 | (c) | (0.07 | ) | (0.06 | ) | (0.01 | ) | — | — | (0.01 | ) | 9.94 | 4,436 | (0.53 | ) | 0.69 | 0.94 | 0.14 | 92 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.73 | 0.04 | (c) | 0.26 | 0.30 | (0.04 | ) | — | (0.98 | ) | (1.02 | ) | 10.01 | 3,694 | 2.86 | 0.73 | 1.04 | 0.39 | 199 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.16 | 0.29 | (c) | 0.71 | 1.00 | (0.29 | ) | — | (0.14 | ) | (0.43 | ) | 10.73 | 3,445 | 10.00 | 0.82 | 0.97 | 2.77 | 27 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.48 | 0.33 | (c) | (0.29 | ) | 0.04 | (0.33 | ) | — | (0.03 | ) | (0.36 | ) | 10.16 | 4,081 | 0.38 | 0.83 | 0.83 | 3.18 | 33 | ||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2010# | 10.29 | 0.24 | 0.19 | 0.43 | (0.24 | ) | — | — | (0.24 | ) | 10.48 | 5,200 | 4.18 | 0.81 | 0.81 | 3.38 | 35 | |||||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2009## | 10.05 | 0.27 | (0.25 | ) | 0.02 | (0.27 | ) | — | — | (0.27 | ) | 9.80 | — | 0.22 | 0.78 | 0.78 | 3.58 | 26 |
See Notes to Financial Highlights and Notes to Financial Statements.
136
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Short-Term U.S. Treasury Securities Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $9.90 | $0.02 | (c) | $(0.04 | ) | $(0.02 | ) | $(0.02 | ) | $— | $— | $(0.02 | ) | $9.86 | $2,167 | (0.24 | )% | $0.55 | % | 1.12 | % | 0.32 | % | 4 | % | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.96 | 0.05 | (c) | (0.03 | ) | 0.02 | (0.05 | ) | — | (0.03 | ) | (0.08 | ) | 9.90 | 3,339 | 0.15 | 0.55 | 0.89 | 0.52 | 14 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.10 | 0.10 | (c) | — | (h) | 0.10 | (0.10 | ) | — | (0.14 | ) | (0.24 | ) | 9.96 | 8,502 | 0.96 | 0.55 | 0.74 | 1.01 | 31 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.27 | 0.13 | (c) | (0.01 | ) | 0.12 | (0.13 | ) | — | (0.16 | ) | (0.29 | ) | 10.10 | 22,875 | 1.16 | 0.53 | 0.62 | 1.23 | 36 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.33 | 0.14 | (0.03 | ) | 0.11 | (0.14 | ) | — | (0.03 | ) | (0.17 | ) | 10.27 | 33,504 | �� | 1.03 | 0.49 | 0.54 | 1.29 | 147 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.26 | 0.28 | 0.07 | 0.35 | (0.28 | ) | — | — | (0.28 | ) | 10.33 | 61,692 | 3.50 | 0.48 | 0.48 | 2.74 | 144 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 9.89 | 0.01 | (c) | (0.05 | ) | (0.04 | ) | (0.01 | ) | — | — | (0.01 | ) | 9.84 | 2,420 | (0.43 | ) | 0.73 | 1.24 | 0.14 | 4 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.95 | 0.03 | (c) | (0.03 | ) | — | (0.03 | ) | — | (0.03 | ) | (0.06 | ) | 9.89 | 2,107 | (0.03 | ) | 0.73 | 1.04 | 0.33 | 14 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.09 | 0.08 | (c) | — | (h) | 0.08 | (0.08 | ) | — | (0.14 | ) | (0.22 | ) | 9.95 | 3,455 | 0.78 | 0.73 | 0.94 | 0.80 | 31 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.26 | 0.11 | (c) | (0.01 | ) | 0.10 | (0.11 | ) | — | (0.16 | ) | (0.27 | ) | 10.09 | 5,562 | 0.98 | 0.71 | 0.80 | 1.05 | 36 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.32 | 0.12 | (0.03 | ) | 0.09 | (0.12 | ) | — | (0.03 | ) | (0.15 | ) | 10.26 | 5,839 | 0.85 | 0.67 | 0.71 | 1.20 | 147 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.25 | 0.26 | 0.07 | 0.33 | (0.26 | ) | — | — | (0.26 | ) | 10.32 | 16,854 | 3.31 | 0.65 | 0.66 | 2.30 | 144 | |||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 9.88 | — | (c)(h) | (0.04 | ) | (0.04 | ) | — | (h) | — | — | — | (h) | 9.84 | 5,732 | (0.40 | ) | 0.87 | 1.53 | — | (h) | 4 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.94 | — | (c)(h) | (0.03 | ) | (0.03 | ) | — | (h) | — | (0.03 | ) | (0.03 | ) | 9.88 | 6,776 | (0.33 | ) | 1.04 | 1.42 | 0.02 | 14 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.08 | 0.01 | (c) | — | (h) | 0.01 | (0.01 | ) | — | (0.14 | ) | (0.15 | ) | 9.94 | 7,931 | 0.07 | 1.44 | 1.74 | 0.07 | 31 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.25 | 0.02 | (c) | (0.01 | ) | 0.01 | (0.02 | ) | — | (0.16 | ) | (0.18 | ) | 10.08 | 7,699 | 0.16 | 1.53 | 1.62 | 0.21 | 36 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.31 | 0.03 | (0.03 | ) | — | (0.03 | ) | — | (0.03 | ) | (0.06 | ) | 10.25 | 6,426 | 0.04 | 1.49 | 1.55 | 0.33 | 147 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.25 | 0.18 | 0.06 | 0.24 | (0.18 | ) | — | — | (0.18 | ) | 10.31 | 7,113 | 2.38 | 1.48 | 1.48 | 1.79 | 144 | |||||||||||||||||||||||||||||||||||||||||||
Total Return Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.79 | 0.09 | (c) | (0.34 | ) | (0.25 | ) | (0.08 | ) | — | — | (0.08 | ) | 10.46 | 1,110,056 | (2.23 | ) | 0.41 | 0.41 | 1.76 | 123 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.77 | 0.18 | (c) | 0.25 | 0.43 | (0.21 | ) | — | (0.20 | ) | (0.41 | ) | 10.79 | 1,204,228 | 4.01 | 0.39 | 0.40 | 1.69 | 139 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.40 | 0.25 | (c) | 0.73 | 0.98 | (0.36 | ) | — | (0.25 | ) | (0.61 | ) | 10.77 | 996,213 | 9.62 | 0.37 | 0.37 | 2.30 | 170 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.60 | 0.33 | (c) | 0.22 | 0.55 | (0.27 | ) | (0.08 | ) | (0.40 | ) | (0.75 | ) | 10.40 | 684,952 | 5.20 | 0.33 | 0.33 | 3.05 | 251 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.26 | 0.40 | 0.43 | 0.83 | (0.36 | ) | — | (0.13 | ) | (0.49 | ) | 10.60 | 724,588 | 8.17 | 0.31 | 0.31 | 3.72 | 326 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.10 | 0.49 | 0.18 | 0.67 | (0.51 | ) | — | — | (0.51 | ) | 10.26 | 602,267 | 6.89 | 0.30 | 0.30 | 4.85 | 199 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 11.15 | 0.08 | (c) | (0.34 | ) | (0.26 | ) | (0.09 | ) | — | — | (0.09 | ) | 10.80 | 43,698 | (2.44 | ) | 0.68 | 0.68 | 1.48 | 123 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 11.12 | 0.16 | (c) | 0.25 | 0.41 | (0.18 | ) | — | (0.20 | ) | (0.38 | ) | 11.15 | 50,279 | 3.76 | 0.66 | 0.68 | 1.42 | 139 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.73 | 0.22 | (c) | 0.76 | 0.98 | (0.34 | ) | — | (0.25 | ) | (0.59 | ) | 11.12 | 44,359 | 9.31 | 0.65 | 0.65 | 1.95 | 170 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.92 | 0.33 | (c) | 0.21 | 0.54 | (0.25 | ) | (0.08 | ) | (0.40 | ) | (0.73 | ) | 10.73 | 17,589 | 4.93 | 0.58 | 0.58 | 2.94 | 251 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.57 | 0.38 | 0.43 | 0.81 | (0.33 | ) | — | (0.13 | ) | (0.46 | ) | 10.92 | 8,540 | 7.75 | 0.55 | 0.55 | 3.14 | 326 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.40 | 0.46 | 0.19 | 0.65 | (0.48 | ) | — | — | (0.48 | ) | 10.57 | 510 | 6.51 | 0.54 | 0.54 | 4.51 | 199 |
See Notes to Financial Highlights and Notes to Financial Statements.
137
Table of Contents
FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013(g)^ | $10.80 | $0.06 | (c) | $(0.34 | ) | $(0.28 | ) | $(0.06 | ) | $— | $— | $(0.06 | ) | $10.46 | $75,065 | (2.52 | )% | 1.01 | % | 1.07 | % | 1.16 | % | 123 | % | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.78 | 0.12 | (c) | 0.25 | 0.37 | (0.15 | ) | — | (0.20 | ) | (0.35 | ) | 10.80 | 72,697 | 3.34 | 0.96 | 1.05 | 1.11 | 139 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.40 | 0.18 | (c) | 0.76 | 0.94 | (0.31 | ) | — | (0.25 | ) | (0.56 | ) | 10.78 | 20,315 | 9.15 | 0.90 | 0.90 | 1.63 | 170 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.60 | 0.30 | (c) | 0.19 | 0.49 | (0.21 | ) | (0.08 | ) | (0.40 | ) | (0.69 | ) | 10.40 | 2,825 | 4.63 | 0.89 | 0.89 | 2.74 | 251 | (e) | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.26 | 0.35 | 0.42 | 0.77 | (0.30 | ) | — | (0.13 | ) | (0.43 | ) | 10.60 | 710 | 7.61 | 0.82 | 0.82 | 3.11 | 326 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.10 | 0.39 | 0.19 | 0.58 | (0.42 | ) | — | — | (0.42 | ) | 10.26 | 325 | 5.90 | 1.10 | 1.10 | 4.01 | 199 | |||||||||||||||||||||||||||||||||||||||||||
Ultra-Short Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013 | 9.98 | 0.03 | (c) | (0.02 | ) | 0.01 | (0.04 | ) | — | — | (0.04 | ) | 9.95 | 124,340 | 0.08 | 0.33 | 0.33 | 0.65 | 78 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 9.95 | 0.10 | 0.04 | 0.14 | (0.11 | ) | — | — | (0.11 | ) | 9.98 | 109,224 | 1.39 | 0.33 | 0.33 | 0.98 | 127 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 9.93 | 0.10 | (c) | 0.03 | 0.13 | (0.11 | ) | — | — | (0.11 | ) | 9.95 | 112,617 | 1.34 | 0.34 | 0.34 | 0.99 | 97 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.91 | 0.13 | (c) | 0.04 | 0.17 | (0.15 | ) | — | — | (0.15 | ) | 9.93 | 115,795 | 1.76 | 0.32 | 0.32 | 1.31 | 229 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.52 | 0.25 | 0.39 | 0.64 | (0.25 | ) | — | — | (0.25 | ) | 9.91 | 92,528 | 6.82 | 0.34 | 0.37 | 2.51 | 130 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.91 | 0.39 | (0.40 | ) | (0.01 | ) | (0.38 | ) | — | — | (0.38 | ) | 9.52 | 55,088 | (0.13 | ) | 0.31 | 0.36 | 3.95 | 88 | ||||||||||||||||||||||||||||||||||||||||
U.S. Government Securities Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 8.43 | 0.02 | (c) | (0.19 | ) | (0.17 | ) | (0.02 | ) | — | — | (0.02 | ) | 8.24 | 26,287 | (2.05 | ) | 0.73 | 0.87 | 0.41 | 27 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.69 | 0.04 | (c) | 0.15 | 0.19 | (0.04 | ) | — | (0.41 | ) | (0.45 | ) | 8.43 | 35,866 | 2.19 | 0.75 | 0.81 | 0.47 | 75 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 8.63 | 0.11 | (c) | 0.61 | 0.72 | (0.11 | ) | — | (0.55 | ) | (0.66 | ) | 8.69 | 40,754 | 8.27 | 0.73 | 0.73 | 1.18 | 94 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | �� | 8.76 | 0.18 | (c) | 0.22 | 0.40 | (0.18 | ) | — | (0.35 | ) | (0.53 | ) | 8.63 | 48,580 | 4.50 | 0.62 | 0.62 | 2.02 | 92 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.11 | 0.26 | (0.37 | ) | (0.11 | ) | (0.27 | ) | — | (1.97 | ) | (2.24 | ) | 8.76 | 71,910 | (1.07 | ) | 0.58 | 0.58 | 2.35 | 85 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.59 | 0.33 | 0.56 | 0.89 | (0.34 | ) | — | (0.03 | ) | (0.37 | ) | 11.11 | 341,727 | 8.49 | 0.55 | 0.56 | 3.09 | 130 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 8.43 | 0.01 | (c) | (0.19 | ) | (0.18 | ) | (0.01 | ) | — | — | (0.01 | ) | 8.24 | 1,112 | (2.16 | ) | 0.95 | 1.07 | 0.19 | 27 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.69 | 0.02 | (c) | 0.15 | 0.17 | (0.02 | ) | — | (0.41 | ) | (0.43 | ) | 8.43 | 1,665 | 1.97 | 0.97 | 1.02 | 0.24 | 75 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 8.63 | 0.08 | (c) | 0.61 | 0.69 | (0.08 | ) | — | (0.55 | ) | (0.63 | ) | 8.69 | 1,797 | 7.98 | 1.00 | 1.00 | 0.90 | 94 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.76 | 0.15 | (c) | 0.22 | 0.37 | (0.15 | ) | — | (0.35 | ) | (0.50 | ) | 8.63 | 2,089 | 4.18 | 0.93 | 0.93 | 1.71 | 92 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.11 | 0.21 | (0.35 | ) | (0.14 | ) | (0.24 | ) | — | (1.97 | ) | (2.21 | ) | 8.76 | 2,314 | (1.38 | ) | 0.89 | 0.89 | 1.98 | 85 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.59 | 0.29 | 0.56 | 0.85 | (0.30 | ) | — | (0.03 | ) | (0.33 | ) | 11.11 | 2,954 | 8.17 | 0.85 | 0.86 | 2.78 | 130 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 8.43 | — | (c)(h) | (0.19 | ) | (0.19 | ) | — | — | — | — | 8.24 | 1,549 | (2.25 | ) | 1.15 | 1.75 | — | (h) | 27 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 8.69 | — | (c) | 0.15 | 0.15 | — | — | (0.41 | ) | (0.41 | ) | 8.43 | 1,923 | 1.72 | 1.22 | 1.70 | — | 75 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 8.63 | 0.03 | (c) | 0.61 | 0.64 | (0.03 | ) | — | (0.55 | ) | (0.58 | ) | 8.69 | 2,401 | 7.32 | 1.61 | 1.67 | 0.28 | 94 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.76 | 0.09 | (c) | 0.22 | 0.31 | (0.09 | ) | — | (0.35 | ) | (0.44 | ) | 8.63 | 2,471 | 3.46 | 1.62 | 1.62 | 1.02 | 92 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.11 | 0.14 | (0.35 | ) | (0.21 | ) | (0.17 | ) | — | (1.97 | ) | (2.14 | ) | 8.76 | 3,038 | (2.05 | ) | 1.58 | 1.58 | 1.28 | 85 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.59 | 0.22 | 0.56 | 0.78 | (0.23 | ) | — | (0.03 | ) | (0.26 | ) | 11.11 | 3,649 | 7.42 | 1.55 | 1.55 | 2.08 | 130 |
See Notes to Financial Highlights and Notes to Financial Statements.
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FINANCIAL HIGHLIGHTS
RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.
Net Asset Value, Beginning of Period | Net Investment Income (Loss) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Operations | Dividends from Net Investment Income | Distributions from Tax Return of Capital | Distributions from Realized Capital Gains | Total Dividends and Distributions | Net Asset Value, End of Period | Net Assets End of Period (000) | Total Return(a) | Ratio of Net Expenses to Average Net Assets(b) | Ratio of Expenses to Average Net Assets (Excluding Waivers and Reimbursements)(b) | Ratio of Net Investment Income to Average Net Assets(b) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | $10.17 | $0.01 | (c) | $(0.05 | ) | $(0.04 | ) | $(0.03 | ) | $— | $— | $(0.03 | ) | $10.10 | $2,247,297 | (0.39 | )% | 0.38 | % | 0.38 | % | 0.23 | % | 20 | % | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.14 | 0.03 | (c) | 0.08 | 0.11 | (0.08 | ) | — | — | (0.08 | ) | 10.17 | 2,331,913 | 1.10 | 0.36 | 0.36 | 0.29 | 137 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.07 | 0.06 | (c) | 0.12 | 0.18 | (0.11 | ) | — | — | (0.11 | ) | 10.14 | 2,033,765 | 1.76 | 0.36 | 0.36 | 0.55 | 70 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.07 | 0.07 | (c) | 0.09 | 0.16 | (0.16 | ) | — | — | (0.16 | ) | 10.07 | 1,648,792 | 1.61 | 0.33 | 0.33 | 0.73 | 126 | (e) | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.03 | 0.30 | 0.06 | 0.36 | (0.32 | ) | — | — | (0.32 | ) | 10.07 | 1,340,992 | 3.62 | 0.29 | 0.29 | 2.15 | 119 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.03 | 0.41 | 0.01 | 0.42 | (0.42 | ) | — | — | (0.42 | ) | 10.03 | 90,675 | 4.29 | 0.28 | 0.32 | 4.00 | 92 | |||||||||||||||||||||||||||||||||||||||||||
Virginia Intermediate Municipal Bond Fund |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.54 | 0.15 | (c) | (0.39 | ) | (0.24 | ) | (0.15 | ) | — | — | (0.15 | ) | 10.15 | 138,197 | (2.31 | ) | 0.58 | 0.58 | 2.85 | 49 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.63 | 0.31 | (c) | 0.08 | 0.39 | (0.31 | ) | — | (0.17 | ) | (0.48 | ) | 10.54 | 144,889 | 3.70 | 0.59 | 0.59 | 2.93 | 33 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.21 | 0.33 | (c) | 0.53 | 0.86 | (0.33 | ) | — | (0.11 | ) | (0.44 | ) | 10.63 | 147,599 | 8.55 | 0.63 | 0.63 | 3.12 | 23 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.39 | 0.34 | (c) | (0.11 | ) | 0.23 | (0.34 | ) | — | (0.07 | ) | (0.41 | ) | 10.21 | 165,536 | 2.15 | 0.62 | 0.62 | 3.23 | 17 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.22 | 0.37 | 0.19 | 0.56 | (0.37 | ) | — | (0.02 | ) | (0.39 | ) | 10.39 | 191,537 | 5.58 | 0.61 | 0.61 | 3.56 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.09 | 0.36 | 0.13 | 0.49 | (0.36 | ) | — | — | (0.36 | ) | 10.22 | 181,882 | 5.01 | 0.60 | 0.60 | 3.61 | 20 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended September 30, 2013^ | 10.53 | 0.14 | (c) | (0.39 | ) | (0.25 | ) | (0.14 | ) | — | — | (0.14 | ) | 10.14 | 9,080 | (2.39 | ) | 0.73 | 0.73 | 2.69 | 49 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2013 | 10.63 | 0.30 | (c) | 0.07 | 0.37 | (0.30 | ) | — | (0.17 | ) | (0.47 | ) | 10.53 | 10,996 | 3.45 | 0.74 | 0.74 | 2.78 | 33 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2012 | 10.21 | 0.31 | (c) | 0.53 | 0.84 | (0.31 | ) | — | (0.11 | ) | (0.42 | ) | 10.63 | 12,509 | 8.38 | 0.78 | 0.78 | 2.97 | 23 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.39 | 0.32 | (c) | (0.11 | ) | 0.21 | (0.32 | ) | — | (0.07 | ) | (0.39 | ) | 10.21 | 12,471 | 2.00 | 0.77 | 0.77 | 3.09 | 17 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.22 | 0.35 | 0.20 | 0.55 | (0.36 | ) | — | (0.02 | ) | (0.38 | ) | 10.39 | 14,236 | 5.44 | 0.75 | 0.75 | 3.35 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.09 | 0.35 | 0.13 | 0.48 | (0.35 | ) | — | — | (0.35 | ) | 10.22 | 7,619 | 4.85 | 0.75 | 0.75 | 3.46 | 20 |
^ | Unaudited. |
* | The Georgia Tax-Exempt Bond Fund’s net expense ratio and gross expense ratio includes interest expense of 0.09% incurred during the year ended March 31, 2009 with respect to investments in certain inverse floating rate securities. |
# | Prior to August 1, 2009, there were no assets in Class A during the current period. Effective at the close of business July 31, 2009, Class A received assets from the conversion from Class C. The net asset value shown for the beginning of the period reflects the initial converted net asset value from Class C and the amounts shown thereafter reflect operations for Class A from August 1, 2009 through March 31, 2010. |
## | Class A was operational during a portion of the year only. Amounts reflect performance for the period of time the class had operations, which was 280 days during the period for Maryland Municipal Bond Fund. The net asset value, end of period, presented for Maryland Municipal Bond Fund A Shares was as of January 6, 2009, the last day the class had shareholders. |
(a) | Total return excludes sales charge. Not annualized for periods less than one year. |
(b) | Annualized for periods less than one year. |
(c) | Per share data calculated using average shares outstanding method. |
(d) | Not annualized for periods less than one year. |
(e) | The amount previously reported has been adjusted to exclude an overstatement of mortgage-backed transactions and/or other corporate actions. |
(f) | Effective at the close of business on July 31, 2009, C shares converted to R shares and C shares are no longer available for purchase. The data prior to such date reflects that of C shares. |
(g) | Effective at the close of business on February 12, 2009, C shares converted to R shares and C shares are no longer available for purchase. The data prior to such date reflects that of C shares. |
(h) | Rounds to less than $0.005 per share or 0.005%. |
Amounts designated as “—” are $0 or have rounded to $0.
See Notes to Financial Highlights and Notes to Financial Statements.
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
1. | Organization |
The RidgeWorth Funds (the “Trust”) is organized as a Massachusetts business trust and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust is authorized to issue an unlimited number of shares without par value. The financial statements presented herein are those of the Core Bond Fund, Corporate Bond Fund, Georgia Tax-Exempt Bond Fund, High Grade Municipal Bond Fund, High Income Fund, Intermediate Bond Fund, Investment Grade Tax-Exempt Bond Fund, Limited Duration Fund, Limited-Term Federal Mortgage Securities Fund, North Carolina Tax-Exempt Bond Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, Short-Term Bond Fund, Short-Term Municipal Bond Fund, Short-Term U.S. Treasury Securities Fund, Total Return Bond Fund, Ultra-Short Bond Fund, U.S. Government Securities Fund, U.S. Government Securities Ultra-Short Bond Fund and Virginia Intermediate Municipal Bond Fund (each, a “Fund” and collectively, the “Funds”).
The Limited Duration Fund, Ultra-Short Bond Fund and U.S. Government Securities Ultra-Short Bond Fund offer I Shares only. The Georgia Tax-Exempt Bond Fund, High Grade Municipal Bond Fund, Investment Grade Tax-Exempt Bond Fund, North Carolina Tax-Exempt Bond Fund, Short-Term Municipal Bond Fund, and Virginia Intermediate Bond Fund offer I Shares and A Shares. The Core Bond Fund, High Income Fund, Intermediate Bond Fund, Seix High Yield Fund and Total Return Bond Fund offer I Shares, A Shares and R Shares. The remaining Funds offer I Shares, A Shares and C Shares.
The assets of each Fund are segregated and a shareholder’s interest is limited to the Fund in which shares are held. Each class of shares has identical rights and privileges except with respect to the fees paid under the Distribution and Service Plan, voting rights on matters affecting a single class of shares and sales charges. The A Shares of the Funds (except Limited-Term Federal Mortgage Securities Fund, Seix Floating Rate High Income Fund, Short-Term Bond Fund, Short-Term Municipal Bond Fund and Short-Term U.S. Treasury Securities Fund) have a maximum sales charge on purchases of 4.75% as a percentage of original purchase price. The A Shares of the Limited-Term Federal Mortgage Securities Fund, Seix Floating Rate High Income Fund, Short-Term Bond Fund, Short-Term Municipal Bond and Short-Term U.S. Treasury Securities Fund have a maximum sales charge on purchases of 2.50% as a percentage of original purchase price. Certain purchases of A Shares will not be subject to a front-end sales charge but will be subject to a contingent deferred sales charge (“CDSC”) of 0.50%, if redeemed within two years of purchase. The deferred sale charges may be waived from time to time for certain broker-dealers that waive payment of compensation to them. The C Shares have a maximum CDSC of 1.00% as a percentage of either the original purchase price or the next calculated price after the Funds receive a redemption request, whichever is less, if shares are redeemed within one year of purchase. There is no sales charge on purchases of I or R Shares.
The Trust’s officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust. However, based on experience, the Trust expects that risk of loss to be remote.
2. | Significant Accounting Policies |
The following are significant accounting policies consistently followed by the Funds which are in conformity with accounting principles generally accepted in the U.S. (“GAAP”). Estimates and assumptions are required to be made regarding assets, liabilities and changes in net assets resulting from operations when financial statements are prepared. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ.
(a) Investment Valuation — Debt securities are valued at the last quoted bid price provided by independent pricing vendors approved by the Board of Trustees of the Trust (the “Board”) that are based on transactions in debt obligations, quotations from bond dealers, market transactions in comparable securities and various other relationships between securities.
The Funds, in accordance with GAAP, have adopted Financial Accounting Standards Board Codification Topic 820 (“ASC Topic 820”). ASC Topic 820 establishes a single definition of fair value, creates a three-tier hierarchy as a
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
framework for measuring fair value based on inputs used to value the Funds’ investments, and requires additional disclosure about fair value. The hierarchy of inputs is summarized below:
Ÿ | Level 1 — Investments whose values are based on quoted market prices in active markets, and whose values are therefore classified as Level 1 prices, include active listed equities. Investments in underlying funds and money market funds are valued at their net asset value (“NAV”) daily and are classified as Level 1 prices. |
Ÿ | Level 2 — Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain asset and mortgage backed products, less liquid listed equities, and state, municipal and provincial obligations. |
Ÿ | Level 3 — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not available for these securities, the funds use one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the funds in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the funds in the absence of market information. Assumptions used by the funds due to the lack of observable inputs may significantly impact the resulting fair value and therefore the funds’ results of operations. |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The Funds use valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.
The independent pricing vendor may value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, and/or other methodologies designed to identify the market value for such securities and such securities are considered Level 2 in the fair value hierarchy. Publicly-traded foreign government debt securities are typically traded internationally in the over-the-counter market and are valued at the bid prices as of the close of business of that market and such securities are considered Level 2 in the fair value hierarchy. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded and such securities may be considered Level 1 in the fair value hierarchy. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade and such securities may be considered Level 1 in the fair value hierarchy. Centrally cleared swaps are valued at the price determined by the relevant exchange and such securities may be considered Level 2 in the fair value hierarchy. Centrally cleared interest rate swaps are valued at the price determined by the relevant exchange and such securities may be considered Level 2 in the fair value hierarchy.
When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before each Fund calculates its NAV, each of the Funds values these securities in accordance with the Pricing and Valuation Procedures approved by the Board. The Pricing and Valuation Procedures are performed and monitored by a Valuation Committee (the “Committee”) designated by the Board. Some of the more common reasons which may necessitate that a security be fair valued in accordance with the Pricing and Valuation Procedures include, but are not limited to: if a subadviser determines that the valuation of a security does not reflect its fair value, the security’s primary trading market is temporarily closed at a time when under normal conditions it would be open; or
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
the security’s primary pricing source is not able or willing to provide a price. When a security is fair valued in accordance with the Pricing and Valuation Procedures, the Committee determines the value after taking into consideration relevant information reasonably available to the Committee. Under the Pricing and Valuation Procedures, such securities may be considered Level 2 or Level 3 in the fair value hierarchy. Short-term obligations with maturities of 60 days or less are valued at amortized cost, which approximates fair value and such securities are considered Level 2 in the fair value hierarchy.
The following is a summary of the inputs used in valuing the Funds’ assets and liabilities carried at fair value as of September 30, 2013:
Level 1 - Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total | |||||||||||||
Core Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Asset-Backed Securities1 | $— | $5,689,833 | $— | $5,689,833 | ||||||||||||
Collateralized Mortgage Obligations1 | — | 25,348,310 | — | 25,348,310 | ||||||||||||
Corporate Bonds1 | — | 69,800,948 | — | 69,800,948 | ||||||||||||
U.S. Government Agency Mortgages1 | — | 84,892,141 | — | 84,892,141 | ||||||||||||
U.S. Treasury Obligations1 | — | 90,947,457 | — | 90,947,457 | ||||||||||||
Preferred Stocks1 | 2,283,911 | — | — | 2,283,911 | ||||||||||||
Short-Term Investment | — | 2,522,100 | — | 2,522,100 | ||||||||||||
Money Market Fund | 9,047,983 | — | — | 9,047,983 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 11,331,894 | 279,200,789 | — | 290,532,683 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Corporate Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Corporate Bonds1 | — | 55,162,313 | — | 55,162,313 | ||||||||||||
Preferred Stocks1 | 2,793,540 | — | — | 2,793,540 | ||||||||||||
Short-Term Investment | — | 488,400 | — | 488,400 | ||||||||||||
Money Market Fund | 2,972,206 | — | — | 2,972,206 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 5,765,746 | 55,650,713 | — | 61,416,459 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Georgia Tax-Exempt Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Municipal Bonds2 | — | 131,469,101 | — | 131,469,101 | ||||||||||||
Money Market Fund | 2,197,754 | — | — | 2,197,754 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 2,197,754 | 131,469,101 | — | 133,666,855 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
High Grade Municipal Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Municipal Bonds2 | — | 51,330,460 | — | 51,330,460 | ||||||||||||
Money Market Fund | 7,348,029 | — | — | 7,348,029 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 7,348,029 | 51,330,460 | — | 58,678,489 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
High Income Fund | ||||||||||||||||
Assets | ||||||||||||||||
Bank Loans1 | — | 51,315,787 | — | 51,315,787 | ||||||||||||
Corporate Bonds1 | — | 746,609,783 | 0 | 4 | 746,609,783 | |||||||||||
Convertible Corporate Bond1 | — | 2,162,428 | — | 2,162,428 | ||||||||||||
Preferred Stock1 | 3,239,692 | — | — | 3,239,692 | ||||||||||||
Convertible Preferred Stock1 | 8,355,742 | — | — | 8,355,742 | ||||||||||||
Common Stocks1 | — | 927,045 | — | 927,045 | ||||||||||||
U.S. Treasury Obligation1 | — | 2,099,975 | — | 2,099,975 | ||||||||||||
Short-Term Investment | 84,934,056 | 84,934,056 | ||||||||||||||
Money Market Fund | 64,530,497 | — | 64,530,497 | |||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 76,125,931 | 888,049,074 | 0 | 4 | 964,175,005 | |||||||||||
|
|
|
|
|
|
|
|
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Level 1 - Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total | |||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Credit Default Swap Contracts – Buy Protection | ||||||||||||||||
Credit Risk | $— | $3,655,048 | $— | $3,655,048 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Assets | 76,125,931 | 891,704,122 | — | 967,830,053 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities | ||||||||||||||||
Credit Default Swap Contracts – Buy Protection | ||||||||||||||||
Credit Risk | — | (2,573,154 | ) | — | (2,573,154 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities | — | (2,573,154 | ) | — | (2,573,154 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Intermediate Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Collateralized Mortgage Obligation1 | — | 1,828,716 | — | 1,828,716 | ||||||||||||
Corporate Bonds1 | — | 131,484,124 | — | 131,484,124 | ||||||||||||
U.S. Government Agency Mortgages1 | — | 45,503,842 | — | 45,503,842 | ||||||||||||
U.S. Treasury Obligations1 | — | 290,167,227 | — | 290,167,227 | ||||||||||||
Preferred Stocks1 | 4,974,020 | — | — | 4,974,020 | ||||||||||||
Short-Term Investment | — | 8,579,495 | — | 8,579,495 | ||||||||||||
Money Market Fund | 11,940,232 | — | — | 11,940,232 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 16,914,252 | 477,563,404 | — | 494,477,656 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Investment Grade Tax-Exempt Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Municipal Bonds2 | — | 720,860,648 | — | 720,860,648 | ||||||||||||
Money Market Fund | 59,132,543 | — | — | 59,132,543 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 59,132,543 | 720,860,648 | — | 779,993,191 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Limited Duration Fund | ||||||||||||||||
Assets | ||||||||||||||||
Asset-Backed Securities1 | — | 1,960,160 | — | 1,960,160 | ||||||||||||
Collateralized Mortgage Obligations1 | — | 4,431,986 | — | 4,431,986 | ||||||||||||
Money Market Fund | 398,234 | — | — | 398,234 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 398,234 | 6,392,146 | — | 6,790,380 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Limited-Term Federal Mortgage Securities Fund | ||||||||||||||||
Assets | ||||||||||||||||
Collateralized Mortgage Obligations1 | — | 2,242,660 | — | 2,242,660 | ||||||||||||
U.S. Government Agency Mortgages1 | — | 10,502,849 | — | 10,502,849 | ||||||||||||
Money Market Fund | 223,534 | — | — | 223,534 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 223,534 | 12,745,509 | — | 12,969,043 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
North Carolina Tax-Exempt Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Municipal Bonds2 | — | 45,795,078 | — | 45,795,078 | ||||||||||||
Money Market Fund | 1,767,772 | — | — | 1,767,772 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 1,767,772 | 45,795,078 | — | 47,562,850 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Seix Floating Rate High Income Fund | ||||||||||||||||
Assets | ||||||||||||||||
Bank Loans1 | — | 7,758,374,519 | — | 7,758,374,519 | ||||||||||||
Corporate Bonds1 | — | 450,558,286 | 0 | 4 | 450,558,286 | |||||||||||
Preferred Stock1 | 2,515,169 | — | — | 2,515,169 | ||||||||||||
Common Stock1 | — | 1,208,147 | — | 1,208,147 | ||||||||||||
Money Market Fund | 875,824,961 | — | — | 875,824,961 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 878,340,130 | 8,210,140,952 | 0 | 4 | 9,088,481,082 | |||||||||||
|
|
|
|
|
|
|
|
143
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Level 1 - Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total | |||||||||||||
Seix High Yield Fund | ||||||||||||||||
Assets | ||||||||||||||||
Bank Loans1 | $— | $94,695,156 | $— | $94,695,156 | ||||||||||||
Corporate Bonds1 | — | 1,411,824,825 | — | 1,411,824,825 | ||||||||||||
Convertible Preferred Stock | 11,381,041 | — | — | 11,381,041 | ||||||||||||
U.S. Treasury Obligation1 | — | 3,899,953 | — | 3,899,953 | ||||||||||||
Short-Term Investment | — | 98,879,648 | — | 98,879,648 | ||||||||||||
Money Market Fund | 231,952,558 | — | — | 231,952,558 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 243,333,599 | 1,609,299,582 | — | 1,852,633,181 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Other Financial Instruments3 | ||||||||||||||||
Credit Default Swap Contracts – Buy Protection | ||||||||||||||||
Credit Risk | — | 7,573,260 | — | 7,573,260 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Assets | 243,333,599 | 1,616,872,842 | — | 1,860,206,441 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities | ||||||||||||||||
Credit Default Swap Contracts – Buy Protection | ||||||||||||||||
Credit Risk | — | (4,444,539 | ) | — | (4,444,539 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities | — | (4,444,539 | ) | — | (4,444,539 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Short-Term Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Asset-Backed Securities1 | — | 7,002,194 | — | 7,002,194 | ||||||||||||
Collateralized Mortgage Obligation1 | — | 13,849,886 | — | 13,849,886 | ||||||||||||
Corporate Bonds1 | — | 32,361,385 | — | 32,361,385 | ||||||||||||
Municipal Bond2 | — | 726,929 | — | 726,929 | ||||||||||||
U.S. Government Agency Mortgages1 | — | 7,073,920 | — | 7,073,920 | ||||||||||||
U.S. Treasury Obligations1 | — | 1,434,916 | — | 1,434,916 | ||||||||||||
Money Market Fund | 689,538 | — | — | 689,538 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 689,538 | 62,449,230 | — | 63,138,768 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Short-Term Municipal Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Municipal Bonds2 | — | 19,812,274 | — | 19,812,274 | ||||||||||||
Money Market Fund | 3,011,890 | — | — | 3,011,890 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 3,011,890 | 19,812,274 | — | 22,824,164 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Short-Term U.S. Treasury Securities Fund | ||||||||||||||||
Assets | ||||||||||||||||
U.S. Treasury Obligations1 | — | 10,103,079 | — | 10,103,079 | ||||||||||||
Money Market Fund | 122,886 | — | — | 122,886 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 122,886 | 10,103,079 | — | 10,225,965 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Return Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Asset-Backed Securities1 | — | 21,691,539 | — | 21,691,539 | ||||||||||||
Collateralized Mortgage Obligations1 | — | 79,061,109 | — | 79,061,109 | ||||||||||||
Bank Loans1 | — | 130,857,366 | — | 130,857,366 | ||||||||||||
Corporate Bonds1 | — | 293,349,265 | — | 293,349,265 | ||||||||||||
U.S. Government Agency Mortgages1 | — | 385,833,213 | — | 385,833,213 | ||||||||||||
Preferred Stocks1 | 9,425,171 | — | — | 9,425,171 | ||||||||||||
U.S. Treasury Obligations1 | — | 297,572,687 | — | 297,572,687 | ||||||||||||
Money Market Fund | 40,577,251 | — | — | 40,577,251 | ||||||||||||
Short-Term Investment | — | 8,876,500 | — | 8,876,500 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 50,002,422 | 1,217,241,679 | — | 1,267,244,101 | ||||||||||||
|
|
|
|
|
|
|
|
144
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Level 1 - Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total | |||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Forward Foreign Currency Contracts | ||||||||||||||||
Foreign Currency Risk | $— | $702,825 | $— | $702,825 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Assets | 50,002,422 | 1,217,944,504 | — | 1,267,946,926 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities | ||||||||||||||||
Interest Rate Swaps | ||||||||||||||||
Interest Rate Risk | — | (91,363 | ) | — | (91,363 | ) | ||||||||||
Credit Default Swap Contracts – Sell Protection | ||||||||||||||||
Credit Risk | — | (498,680 | ) | — | (498,680 | ) | ||||||||||
Forward Foreign Currency Contracts | ||||||||||||||||
Foreign Currency Risk | — | (572,585 | ) | — | (572,585 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities | — | (1,162,628 | ) | — | (1,162,628 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Ultra-Short Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Asset-Backed Securities1 | — | 13,573,774 | — | 13,573,774 | ||||||||||||
Collateralized Mortgage Obligations1 | — | 32,656,654 | — | 32,656,654 | ||||||||||||
Corporate Bonds1 | — | 62,065,273 | — | 62,065,273 | ||||||||||||
Municipal Bond2 | — | 1,493,963 | — | 1,493,963 | ||||||||||||
U.S. Government Agency Mortgages1 | — | 12,590,368 | — | 12,590,368 | ||||||||||||
Money Market Fund | 6,778,165 | — | — | 6,778,165 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 6,778,165 | 122,380,032 | — | 129,158,197 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities | ||||||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Futures Contracts | ||||||||||||||||
Interest Rate Risk | (63,612 | ) | — | — | (63,612 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities | (63,612 | ) | — | — | (63,612 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
U.S. Government Securities Fund | ||||||||||||||||
Assets | ||||||||||||||||
U.S. Treasury Obligations1 | — | 28,228,896 | — | 28,228,896 | ||||||||||||
Money Market Fund | 635,982 | — | — | 635,982 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 635,982 | 28,228,896 | — | 28,864,878 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
U.S. Government Securities Ultra-Short Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Asset-Backed Security1 | — | 1,870,495 | — | 1,870,495 | ||||||||||||
Collateralized Mortgage Obligations1 | — | 672,007,969 | — | 672,007,969 | ||||||||||||
U.S. Government Agency Mortgages1 | — | 1,395,571,646 | — | 1,395,571,646 | ||||||||||||
Money Market Fund | 172,606,641 | — | — | 172,606,641 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 172,606,641 | 2,069,450,110 | — | 2,242,056,751 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities | ||||||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Futures Contracts | ||||||||||||||||
Interest Rate Risk | (865,803 | ) | — | — | (865,803 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities | (865,803 | ) | — | — | (865,803 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Virginia Intermediate Municipal Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Municipal Bonds2 | — | 143,261,552 | — | 143,261,552 | ||||||||||||
Money Market Fund | 2,830,406 | — | — | 2,830,406 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | 2,830,406 | 143,261,552 | — | 146,091,958 | ||||||||||||
|
|
|
|
|
|
|
|
1 | Please see the Schedules of Portfolio Investments for Sector Classifications. |
2 | Please see the Schedules of Portfolio Investments for State Classifications. |
145
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
3 | Other Financial Instruments are derivative instruments not reflected in the value of Total Investments in the Schedules of Portfolio Investments, such as credit default swaps, forward foreign currency contracts, futures and Interest Rate Swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. |
4 | As of September 30, 2013, the securities designated as Level 3 were fair valued using significant unobservable inputs under procedures adopted by the Board. Such valuations were based on quotations from principal market makers. Level 3 roll forwards and change in unrealized appreciation (depreciation) of these Level 3 securities held at fiscal year-end. are presented below. |
The Funds’ policy is to disclose transfers between levels based on valuations at the end of the reporting period. Each portfolio may hold securities which are periodically fair valued in accordance with the Pricing and Valuation Procedures. This may result in movements between Level 1 and Level 2 throughout the period. At September 30, 2013, there were no transfers from Level 1 to Level 2 pursuant to the Pricing and Valuation Procedures.
(b) Security Transactions and Investment Income — Security transactions are accounted for on a trade date basis. Interest income, adjusted for amortization of premium and accretion of discount over the life of the securities, is recorded on the accrual basis. Dividend income is recorded on the ex-dividend date or as soon as practicable after the Funds determine the existence of a dividend declaration after exercising reasonable due diligence. Foreign dividend income is recorded on the ex-dividend date or as soon as practicable after the Funds determine the existence of a dividend declaration after exercising reasonable due diligence. The cost of investments sold is determined by use of the specific identification method. To the extent any issuer defaults or a credit event occurs that impacts the issuer, the Funds may halt any additional interest income accruals and consider the Funds’ ability to realize interest accrued up to the date of default or credit event.
(c) Distributions to Shareholders — Distributions from net investment income of each of the Funds are declared each business day to shareholders of record and are paid monthly. Distributions of net realized capital gains, if any, are declared at least annually. Distributions to shareholders from each of the Funds are recorded on the ex-dividend date and are determined in accordance with income tax regulations, which may differ from GAAP.
(d) Expenses and Share Class Accounting — Expenses that are directly related to a specific Fund are charged to that Fund. Other operating expenses of the Trust are allocated pro-rata to the Funds on the basis of relative net assets or another appropriate basis. Investment income, common expenses, and realized/unrealized capital gains (losses) on investments are allocated to the various share classes of the Funds on the basis of relative daily net assets of each share class. Fees relating to a specific share class are charged directly to the share class.
(e) Securities Traded on a To-Be-Announced Basis — Certain Funds may trade securities on a to-be-announced (“TBA”) basis. In a TBA transaction, the Fund commits to purchasing or selling securities which have not yet been issued by the issuer and for which specific information, such as the face amount, maturity date and underlying pool of investments in U.S. government agency mortgage pass-through securities, is not announced. Securities purchased on a TBA basis are not settled until they are delivered to the Fund. Beginning on the date the Fund enters into a TBA transaction, cash, U.S. government securities or other liquid high-grade debt obligations are segregated in an amount equal in value to the purchase price of the TBA security. These securities are subject to market fluctuations and their current value is determined in the same manner as for other securities.
(f) Derivative Instruments — Certain Funds may enter into derivative contracts for purposes of pursuing their investment objectives, to use as a substitute for a purchase or sale of a position in the underlying assets and/or as part of a strategy designed to reduce exposure to other risks. Open derivative positions at September 30, 2013 are included on each Fund’s Schedule of Portfolio Investments.
(g) Forward Foreign Currency Contracts — Certain Funds may enter into forward foreign currency contracts to hedge against foreign currency exchange rate risk on non-U.S. dollar denominated securities or to facilitate settlement of a foreign currency denominated portfolio transaction. A forward foreign currency contract is an agreement between two parties to buy and sell a currency at a set price with delivery and settlement at a future date. The contract is marked-to-market daily and the change in value is recorded by the Fund as an unrealized gain or loss. When a forward foreign currency contract is closed, through either delivery or offset by entering into another forward foreign currency contract, the Fund recognizes a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it is closed.
Forward foreign currency contracts involve elements of market risk in excess of the amounts reflected on the Statements of Assets and Liabilities. The Funds bear the risk of an unfavorable change in the foreign exchange rate
146
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
underlying the forward foreign currency contract. Risks may also arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts.
(h) Futures Contracts — Certain Funds may enter into futures contracts to gain exposure to, or hedge against, changes in interest rates or gain exposure to, or hedge against, changes in certain asset classes. A futures contract represents a commitment for the future purchase or sale of an asset at a specified price on a specified date.
Upon entering into a futures contract, the Fund is required to deposit cash or cash equivalents with a broker in an amount equal to a certain percentage of the contract amount. This is known as the “initial margin” and subsequent payments (“variation margin”) are made or received by the Fund each day, depending on the daily fluctuation in the value of the contract. For certain futures, including foreign denominated futures, variation margin is not settled daily, but is recorded as a net variation margin payable or receivable. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded. The daily changes in contract value are recorded as unrealized gains or losses in the Statements of Operations and the Fund recognizes a realized gain or loss when the contract is closed.
Futures contracts involve, to varying degrees, risk of loss in excess of the amounts reflected in the Statements of Assets and Liabilities. In addition, there is the risk that the Funds may not be able to enter into a closing transaction because of an illiquid secondary market.
(i) Foreign Currency Translation — Investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), on the date of valuation. Purchases and sales of investment securities and income and expense items denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates on the respective dates of such transactions.
The Funds do not isolate that portion of the results of operations resulting from fluctuations in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss on investments and foreign currencies.
Net realized foreign exchange gains or losses arise from sales of foreign currencies, including gains and losses on forward foreign currency contracts, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded and the amount actually received.
(j) Swap Contracts — Certain Funds may invest in swap contracts for the purpose of managing exposure to interest rate, credit or market risk, or for other purposes. The use of swap contracts involves risks that are different from those associated with ordinary portfolio transactions. Swap contracts may be privately negotiated in the over-the-counter market (“OTC swaps”) or may be executed in a multilateral or other trade facility platform, such as a registered commodities exchange (“centrally cleared swaps”).
OTC swap contracts are marked-to-market daily using an independent pricing vendor and changes in value are recorded as unrealized appreciation or depreciation in the Statements of Assets and Liabilities. Daily changes in valuation of centrally cleared swaps, if any, are recorded as a receivable or payable, as applicable, for variation margin on centrally cleared swaps on the Fund’s Statement of Assets and Liabilities. Gains or losses are realized upon termination of the swap contract. Collateral, in the form of restricted cash or securities, may be required to be held in segregated accounts with the Funds’ custodian in compliance with the terms of the swap contracts. Securities posted as collateral for swap contracts are identified in the Schedules of Portfolio Investments and restricted cash, if any, is identified on the Statements of Assets and Liabilities. Risks may exceed amounts recorded in the Statements of Assets and Liabilities. These risks include changes in the returns of the underlying instruments, failure of the counterparties to perform under the contracts’ terms, and the possible lack of liquidity with respect to the swap contracts. Payments received or made at the beginning of the measurement period are reflected as a premium or deposit, respectively, on the Statements of Assets and Liabilities. These upfront payments are amortized over the life of the swap and are recognized as realized gain or loss in the Statements of Operations. Net periodic payments received or paid by the Fund are recognized as a realized gain or loss in the Statements of Operations.
147
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Credit Default Swaps
Certain Funds enter into credit default swap (“CDS”) contracts for investment purposes, to manage its credit risk or to add leverage. CDS contracts involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a default by a third party, typically corporate or sovereign issuers, on a specified obligation, or in the event of a write-down, principal shortfall, interest shortfall or default of all or part of the referenced entities comprising a credit index. The Funds may use a CDS contract to provide protection against defaults of the issuers (i.e., to reduce risk where the Funds have exposure to an issuer), or to take an active long or short position with respect to the likelihood of a particular issuer’s default.
As a seller of protection, the Funds generally receive an upfront payment or a stream of payments throughout the term of the swap contract provided that there is no credit event. These amounts of potential payments will be partially offset by any recovery of values from the respective referenced obligations. As a seller of protection, a Fund effectively adds leverage to its portfolio because, in addition to its total net assets, a Fund is subject to investment exposure on the notional amount of the swap contract. As a buyer of protection, a Fund generally receives an amount up to the notional value of the swap contract if a credit event occurs.
The Funds’ maximum risk of loss from counterparty risk, as the protection buyer, is the fair value of the swap contract (this risk is mitigated by the posting of collateral by the counterparty to the Fund to cover the Funds’ exposure to the counterparty). As the protection seller, the Funds’ maximum risk is the notional amount of the contract. CDS contracts are considered to have credit risk-related contingent features since they require payment by the protection seller to the protection buyer upon the occurrence of a defined credit event.
Implied spreads are the theoretical prices a lender receives for credit default protection. When spreads rise, market perceived credit risk rises and when spreads fall, market perceived credit risk falls. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to enter into the contract. Wider credit spreads and decreasing market values, when compared to the notional amount of the swap, represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. Credit spreads utilized in determining the period end market value of CDS contracts on corporate or sovereign issues are disclosed on the Schedules of Portfolio Investments and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for credit derivatives. For CDS contracts on asset-backed securities and credit indices, the quoted market prices and resulting values, particularly in relation to the notional amount of the contract as well as the annual payment rate, serve as an indication of the current status of the payment/performance risk.
Entering into a CDS contract involves, to varying degrees, elements of credit, market and documentation risk in excess of the related amounts recognized on the Statements of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these contracts, and that the counterparty to the contract may default on its obligation to perform or disagree as to the meaning of the contractual terms in the contract, and that there are unfavorable changes in net interest rates.
Interest Rate Swaps
Certain Funds may enter into interest rate swap (“IRS”) contracts to manage exposure to interest rate risk. IRS contracts are agreements between two parties to exchange cash flows based on a notional principal amount. The Fund may elect to pay a fixed rate and receive a floating rate, or, receive a fixed rate and pay a floating rate on a notional principal amount. IRS contracts are marked-to-market daily based upon quotations from market makers and the change, if any, is recorded as unrealized appreciation or depreciation on the Statements of Assets and Liabilities. When a swap contract is terminated early, the Fund records a realized gain or loss equal to the difference between the original cost and the settlement amount of the closing transaction.
The risks of IRS include changes in market conditions that will affect the value of the contract or changes in the present value of the future cash flow streams and the possible inability of the counterparty to fulfill its obligations under the contract. The Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life, to the extent that this amount is positive. This risk is mitigated by the posting of collateral by the counterparty to the Fund to cover the Fund’s exposure to the counterparty.
148
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
The fair value of derivative instruments not accounted for as hedging instruments on the Statements of Assets and Liabilities and the effect of derivative instruments not accounted for as hedging instruments, on the Statements of Operations as of September 30, 2013, are presented in the table below:
Credit Risk | Foreign Exchange Risk | Interest Rate Risk | Total | |||||||||||||
High Income Fund | ||||||||||||||||
Asset Derivatives | ||||||||||||||||
Swap Contracts* | $ | 3,655,048 | $ | — | $ | — | $ | 3,655,048 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Liability Derivatives | ||||||||||||||||
Swap Contracts^ | $ | (2,573,154 | ) | $ | — | $ | — | $ | (2,573,154 | ) | ||||||
|
|
|
|
|
|
|
| |||||||||
Realized Gain (Loss)# | ||||||||||||||||
Swap Contracts | $ | 535,466 | $ | — | $ | — | $ | 535,466 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Appreciation (Depreciation)## | ||||||||||||||||
Swap Contracts | $ | (354,998 | ) | $ | — | $ | — | $ | (354,998 | ) | ||||||
|
|
|
|
|
|
|
| |||||||||
Number of Contracts, Notional Amounts or Shares† | ||||||||||||||||
Swap Contracts | $ | 81,625,000 | $ | — | $ | — | $ | 81,625,000 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Seix High Yield Fund | ||||||||||||||||
Asset Derivatives | ||||||||||||||||
Swap Contracts* | $ | 7,573,260 | $ | — | $ | — | $ | 7,573,260 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Liability Derivatives | ||||||||||||||||
Swap Contracts* | $ | (4,444,539 | ) | $ | — | $ | — | $ | (4,444,539 | ) | ||||||
|
|
|
|
|
|
|
| |||||||||
Realized Gain (Loss)# | ||||||||||||||||
Swap Contracts | $ | 1,279,535 | $ | — | $ | — | $ | 1,279,535 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Appreciation (Depreciation)## | ||||||||||||||||
Swap Contracts | $ | 202,094 | $ | — | $ | — | $ | 202,094 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Number of Contracts, Notional Amounts or Shares† | ||||||||||||||||
Swap Contracts | $ | 157,875,000 | $ | — | $ | — | $ | 157,875,000 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Return Bond Fund | ||||||||||||||||
Asset Derivatives | ||||||||||||||||
Forward Currency Contracts* | $ | — | $ | 702,825 | $ | — | $ | 702,825 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Liability Derivatives | ||||||||||||||||
Swap Contracts^ | $ | (590,043 | ) | $ | — | $ | — | $ | (590,043 | ) | ||||||
Forward Currency Contracts^ | — | (572,585 | ) | — | (572,585 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Value | $ | (590,043 | ) | $ | (572,585 | ) | $ | — | $ | (1,162,628 | ) | |||||
|
|
|
|
|
|
|
| |||||||||
Realized Gain (Loss)# | ||||||||||||||||
Forward Currency Contracts | $ | — | $ | 973,928 | $ | — | $ | 973,928 | ||||||||
Swap Contracts | (2,366,612 | ) | — | (719 | ) | (2,367,331 | ) | |||||||||
|
|
|
|
|
|
|
| |||||||||
Total Realized Gain (Loss) | $ | (2,366,612 | ) | $ | 973,928 | $ | (719 | ) | $ | (1,393,403 | ) | |||||
|
|
|
|
|
|
|
| |||||||||
Change in Appreciation (Depreciation)## | ||||||||||||||||
Forward Currency Contracts | $ | — | $ | 51,639 | $ | — | $ | 51,639 | ||||||||
Swap Contracts | 49,544 | — | (91,363 | ) | (41,819 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Change in Appreciation (Depreciation) | $ | 49,544 | $ | 51,639 | $ | (91,363 | ) | $ | 9,820 | |||||||
|
|
|
|
|
|
|
| |||||||||
Number of Contracts, Notional Amounts or Shares† | ||||||||||||||||
Forward Currency Contracts | $ | — | $ | 101,676,206 | $ | — | $ | 101,676,206 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Swap Contracts | $ | 110,986,934 | $ | — | $ | — | $ | 110,986,934 | ||||||||
|
|
|
|
|
|
|
|
149
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Credit Risk | Foreign Exchange Risk | Interest Rate Risk | Total | |||||||||||||
Ultra-Short Bond Fund | ||||||||||||||||
Liability Derivatives | ||||||||||||||||
Futures Contracts | $ | — | $ | — | $ | (63,612 | ) | $ | (63,612 | ) | ||||||
|
|
|
|
|
|
|
| |||||||||
Realized Gain (Loss)# | ||||||||||||||||
Futures Contracts | $ | — | $ | — | $ | 127,425 | $ | 127,425 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Appreciation (Depreciation)## | ||||||||||||||||
Futures Contracts | $ | — | $ | — | $ | (63,612 | ) | $ | (63,612 | ) | ||||||
|
|
|
|
|
|
|
| |||||||||
Number of Contracts, Notional Amounts or Shares† | ||||||||||||||||
Futures Contracts | — | — | (45 | ) | (45 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
U.S. Government Securities Ultra-Short Bond Fund | ||||||||||||||||
Liability Derivatives | ||||||||||||||||
Futures Contracts | $ | — | $ | — | $ | (865,803 | ) | $ | (865,803 | ) | ||||||
|
|
|
|
|
|
|
| |||||||||
Realized Gain (Loss)# | ||||||||||||||||
Futures Contracts | $ | — | $ | — | $ | 662,373 | $ | 662,373 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Change in Appreciation (Depreciation)## | ||||||||||||||||
Futures Contracts | $ | — | $ | — | $ | (775,497 | ) | $ | (775,497 | ) | ||||||
|
|
|
|
|
|
|
| |||||||||
Number of Contracts, Notional Amounts or Shares† | ||||||||||||||||
Futures Contracts | — | — | (353 | ) | (353 | ) | ||||||||||
|
|
|
|
|
|
|
|
* | Statements of Assets and Liabilities location: Investments, at value, Receivables from: open forward foreign currency contracts, or open swap contracts, at value, as applicable. Cumulative appreciation (depreciation) on centrally cleared contracts is reported in “Swap Contracts”. The outstanding variation margin, if any, is reported within the Statements of Assets and Liabilities. |
^ | Statements of Assets and Liabilities location: Payables for: open forward foreign currency contracts, or open swap contracts, at value, as applicable. Cumulative appreciation (depreciation) on centrally cleared contracts is reported in “Swap Contracts”. The outstanding variation margin, if any, is reported within the Statements of Assets and Liabilities. |
^^ | Cumulative appreciation (depreciation) on futures contracts is reported in “Futures Contracts”. The outstanding variation margin, if any, is reported within the Statements of Assets and Liabilities. |
# | Statements of Operations location: Amounts are included in net realized gain (loss) on: investment transactions, futures contracts, swap contracts, or foreign currency transactions, as applicable. |
## | Statements of Operations location: Amounts are included in net change in unrealized appreciation (depreciation) on: investment transactions, futures contracts, swap contracts, or translation of assets and liabilities in foreign currencies, as applicable. |
† | Amount(s) disclosed represent the average number of contracts for futures contracts, notional amounts for forward currency contracts and swap contracts, which is indicative of volume of this derivative type, for the months that the Fund held such derivatives during the period ended September 30, 2013. |
As of September 30, 2013, a reconciliation of the gross amounts on the Statements of Assets and Liabilities to the net amounts by derivative type, including any collateral exposure, is included in the following table:
Gross Amounts of Assets/Liabilities Presented in the Statement of Assets and Liabilities | Financial Instruments and Derivatives Available for Offset | Collateral Received/Pledged | Net Amount of Derivative Assets/Liabilities | |||||||||||||
Total Return Bond Fund | ||||||||||||||||
Assets | ||||||||||||||||
Counterparty | ||||||||||||||||
JPMorgan (Forward Foreign Currency Contracts) | $702,825 | $— | $(210,536) | $492,289 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities | ||||||||||||||||
Counterparty | ||||||||||||||||
JPMorgan (Forward Foreign Currency Contracts) | $572,585 | $— | $— | $572,585 | ||||||||||||
Centrally Cleared Swap Contracts | 91,363 | — | — | 91,363 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
$663,948 | $— | $— | $663,948 | |||||||||||||
|
|
|
|
|
|
|
|
150
Table of Contents
NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
(k) Securities Lending — Each Fund may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Board. These loans may not exceed either (i) 50% of the sum of the market value of all securities of the Fund and the market value of securities purchased with cash collateral or (ii) 33.33% of the total market value of all securities of the Fund. No Fund will lend portfolio securities to its investment adviser, subadviser, or its affiliates unless it has applied for and received specific authority to do so from the Securities and Exchange Commission. Loans of portfolio securities are required to be fully collateralized by cash, letters of credit or U.S. government securities. The initial value of the collateral must be at least 102% of the market value of the securities loaned, if the securities loaned are U.S. securities (105% for non-U.S. securities); and maintained in an amount equal to at least 100% (103% for non-U.S. securities) thereafter. However, due to market fluctuations during the day, the value of securities loaned on a particular day may exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior day’s market fluctuations and the current day’s lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks; including the risk that a Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities. A fee will be obtained from the borrower if letters of credit or U.S. government securities are used as collateral.
The cash collateral received is aggregated in a joint account by the Funds, providing RidgeWorth Investments a pool of cash to invest in short-term investments that have a remaining maturity of 397 days or less. The Funds are joint participants with other affiliated Funds of the Trust that are not presented in this report. At September 30, 2013, the cash collateral received by the Funds was pooled and invested in the following securities. Each of the Funds participating in securities lending at September 30, 2013 owned a pro-rata portion of the assets and liabilities listed below:
Shares | Value | |||||||
JPMorgan U.S. Government Money Market Fund, Capital Shares, 0.01% | 102,467,056 | $102,467,056 | ||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.00% | 247,551,381 | 247,551,381 | ||||||
|
| |||||||
Total Investments (Cost $350,018,437) | 350,018,437 | |||||||
Amount due to Lending Agent | (25,185 | ) | ||||||
|
| |||||||
Net Investment Value | $349,993,252 | |||||||
|
|
The following Funds paid securities lending fees to the lending agent during the period ended September 30, 2013, which have been netted against Income from Securities Lending on the Statements of Operations. These fees are presented below:
Fund | Fee | |||
Core Bond Fund | $2,516 | |||
Corporate Bond Fund | 231 | |||
High Income Fund | 16,882 | |||
Intermediate Bond Fund | 8,961 | |||
Seix High Yield Fund | 26,100 | |||
Total Return Bond Fund | 15,451 |
(m) When-Issued Securities and Forward Commitments — Delivery and payment for securities that have been purchased by a Fund on a forward commitment or when-issued basis can take place up to a month or more after the transaction date at a fixed price. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued or forward commitment basis may increase the volatility of a Fund’s NAV if the Fund makes such investments while remaining substantially fully invested. A Fund records when-issued securities on trade date and will segregate or earmark liquid assets in an amount at least equal in value to its commitments to purchase when-issued and forward commitment securities or engage in other appropriate measures to “cover” its obligation. When-issued securities and the segregated liquid assets associated with such investments are presented within the Funds’ Schedules of Portfolio Investments.
(n) Bank Loans — Certain Funds may invest in first and second lien senior floating-rate loans (“bank loans”). These loans are made by banks and other large financial institutions to various companies and are senior in the
151
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
borrowing companies’ capital structure. Coupon rates are floating, not fixed, and are tied to a benchmark lending rate. A Fund records an investment when the borrower withdraws money and records the interest as earned. Some types of senior loans in which these Funds may invest require that an open loan for a specific amount be continually offered to a borrower. These types of senior loans, commonly referred to as revolvers, contractually obligate the lender (and therefore those with an interest in the loan) to fund the loan at the borrower’s discretion. A Fund will maintain, on a daily basis, high quality, liquid assets in an amount at least equal in value to its contractual obligation to fulfill the revolving senior loan. Therefore, a Fund must have funds sufficient to cover its contractual obligation. A Fund will maintain, on a daily basis, high quality, liquid assets in an amount at least equal in value to its contractual obligation to fulfill the revolving senior loan. Therefore, a Fund must have funds sufficient to cover its contractual obligation. At September 30, 2013, Seix Floating Rate High Income Fund and Total Return Bond Fund had unfunded loan commitments.
(o) Restricted Securities — Certain Funds’ investments are restricted as to resale. As of September 30, 2013, all of these restricted securities have been deemed liquid by the Funds’ investment adviser based upon procedures approved by the Board, unless stated otherwise on the Funds’ Schedules of Portfolio Investments.
(p) Credit and Market Risk — Certain Funds’ investments in securities that are collateralized by residential real estate mortgages are subject to certain credit and liquidity risks. When market conditions result in an increase in default rates of the underlying mortgages and the foreclosure values of underlying real estate properties are materially below the outstanding amount of these underlying mortgages, collection of the full amount of accrued interest and principal on these investments may be doubtful. Such market conditions may significantly impair the value and liquidity of these investments and may result in a lack of correlation between their credit ratings and values.
(q) Foreign Investment Risks — Certain Funds’ investments in foreign securities may involve risks not present in domestic investments. Since securities may be denominated in foreign currencies, may require settlement in foreign currencies or pay interest or dividends in foreign currencies, changes in the relationship of these foreign currencies to the U.S. dollar can significantly affect the value of the investments and earnings of the Fund. Foreign investments may also subject the Fund to foreign government exchange restrictions, expropriation, taxation or other political, social or economic developments, all of which affect the market and/or credit risk of the investments.
(r) Counterparty Risk and Credit-Risk-Related Contingent Features of Derivative Instruments — Certain Funds may invest in certain securities or engage in other transactions where the Funds are exposed to counterparty credit risk in addition to broader market risks. The Funds may invest in securities of issuers, which may also be considered counterparties as trading partners in other transactions. This may increase the risk of loss in the event of default or bankruptcy by the counterparty or if the counterparty otherwise fails to meet its contractual obligations. The Funds’ investment manager attempts to mitigate counterparty risk by (i) periodically assessing the creditworthiness of its trading partners, (ii) monitoring and/or limiting the amount of its net exposure to each individual counterparty based on its assessment and (iii) requiring collateral from the counterparty for certain transactions. Market events and changes in overall economic conditions may impact the assessment of such counterparty risk by the investment manager. In addition, declines in the values of underlying collateral received may expose the Funds to increased risk of loss.
(s) Other Risks — Certain Funds invest in high yield corporate, government, and other debt instruments of U.S. and non-U.S. issuers. High yield securities involve greater risk of default or downgrade and are more volatile than investment grade securities. A Fund’s concentration of investments in securities of issuers located in a specific region or state, subjects that Fund to the economic and government policies of the region or state, and may increase risk versus that of a fund whose investments are more diversified. Please refer to each Fund’s prospectus for additional risks that may be associated with the Funds.
(t) Federal and Other Taxes — It is the Funds’ policy to comply with the federal income and excise tax requirements of the Internal Revenue Code of 1986 (the “Code”), as amended, applicable to regulated investment companies. Accordingly, the Funds intend to distribute taxable income and net realized gains, if any, to shareholders in accordance with timing requirements imposed by the Code. Therefore, no federal or state income tax provision is required in the Funds’ financial statements.
152
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Management has analyzed the Funds’ tax positions taken on income tax returns for all open tax years and has concluded that as of September 30, 2013, no provision for income tax is required in the Funds’ financial statements. The Funds’ federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.
Under the applicable foreign tax laws, a withholding tax may be imposed on interest, dividends and capital gains at various rates.
(u) Reclassification — GAAP requires that certain components of net assets be reclassified to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or net asset value per share.
3. | Investment Adviser and Other Service Providers |
Investment Adviser —RidgeWorth Investments (“Investment Adviser”), a majority-owned subsidiary of SunTrust Banks, Inc. (“SunTrust”), serves as the investment adviser to the Funds. The Trust and the Investment Adviser have entered into an investment advisory agreement (“Advisory Agreement”). The Investment Adviser is a money—management holding company with multiple style-focused investment boutiques (“Subadvisers”). The Subadvisers for each of the Funds are as follows: Seix Investment Advisors LLC (“Seix”) serves as the Subadviser for the Core Bond Fund, Corporate Bond Fund, High Income Fund, Intermediate Bond Fund, Limited Duration Fund, Limited-Term Federal Mortgage Securities Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, Total Return Bond Fund and U.S. Government Securities Fund; and StableRiver Capital Management LLC (“StableRiver”) serves as the Subadviser for the Georgia Tax-Exempt Bond Fund, High Grade Municipal Bond Fund, Investment Grade Tax-Exempt Bond Fund, North Carolina Tax-Exempt Bond Fund, Short-Term Bond Fund, Short-Term Municipal Bond Fund, Short-Term U.S. Treasury Securities Fund, Ultra-Short Bond Fund, U.S. Government Securities Ultra-Short Bond Fund, and Virginia Intermediate Municipal Bond Fund. Seix and StableRiver are each wholly-owned subsidiaries of the Investment Adviser. The Investment Adviser pays the Subadvisers out of the investment advisory fees it receives from the Funds.
Under the terms of the Advisory Agreement, the Funds are charged annual advisory fees, which are computed daily and paid monthly based upon average daily net assets. Breakpoints are used in computing the overall annual advisory fee. The maximum annual advisory fee is charged on average daily net assets of each Fund up to $500 million. A discount of 5% applies on the next $500 million, a discount of 10% applies on the next $4 billion, and a discount of 15% applies on amounts over $5 billion. Fee rates for the period ended September 30, 2013 were as follows:
Fund | Maximum Advisory Fee | Discounted Annual Advisory Fee | Advisory Fees Waived/Expense Reimbursed | Net Annual fees Paid* | ||||||||||||
Core Bond Fund | 0.25 | % | 0.25 | % | — | % | 0.25 | % | ||||||||
Corporate Bond Fund | 0.40 | 0.40 | (0.02 | ) | 0.38 | |||||||||||
Georgia Tax-Exempt Bond Fund | 0.50 | 0.50 | — | 0.50 | ||||||||||||
High Grade Municipal Bond Fund | 0.50 | 0.50 | (0.02 | ) | 0.48 | |||||||||||
High Income Fund | 0.55 | 0.54 | (0.01 | ) | 0.53 | |||||||||||
Intermediate Bond Fund | 0.25 | 0.25 | — | 0.25 | ||||||||||||
Investment Grade Tax-Exempt Bond Fund | 0.50 | 0.49 | (0.01 | ) | 0.48 | |||||||||||
Limited Duration Fund | 0.10 | 0.10 | (0.11 | ) | — | |||||||||||
Limited-Term Federal Mortgage Securities Fund | 0.50 | 0.50 | (0.38 | ) | 0.12 | |||||||||||
North Carolina Tax-Exempt Bond Fund | 0.50 | 0.50 | — | 0.50 | ||||||||||||
Seix Floating Rate High Income Fund | 0.45 | 0.41 | — | 0.41 | ||||||||||||
Seix High Yield Fund | 0.45 | 0.42 | — | 0.42 | ||||||||||||
Short-Term Bond Fund | 0.40 | 0.40 | — | 0.40 | ||||||||||||
Short-Term Municipal Bond Fund | 0.35 | 0.35 | (0.27 | ) | 0.08 | |||||||||||
Short-Term U.S. Treasury Securities Fund | 0.35 | 0.35 | (0.50 | ) | — |
153
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Fund | Maximum Advisory Fee as of August 1, 2013 | Discounted Annual Advisory Fee | Advisory Fees Waived/Expense Reimbursed | Net Annual fees Paid* | ||||||||||||
Total Return Bond Fund | 0.25 | % | 0.24 | % | — | % | 0.24 | % | ||||||||
Ultra-Short Bond Fund | 0.22 | 0.22 | — | 0.22 | ||||||||||||
U.S. Government Securities Fund | 0.50 | 0.50 | (0.13 | ) | 0.37 | |||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 0.20 | 0.19 | — | 0.19 | ||||||||||||
Virginia Intermediate Municipal Bond Fund | 0.50 | 0.50 | — | 0.50 |
* | Aggregate annual fees paid to the Investment Adviser, who pays the applicable Subadviser a portion of the fees for its services to the Funds. Amounts designated as “—” are 0%. |
The Investment Adviser and the applicable Subadviser have contractually agreed, until at least August 1, 2014, to waive fees and/or reimburse expenses for each of the following Funds to the extent necessary to maintain each Fund’s total annual fund operating expenses (excluding, as applicable, taxes, brokerage commissions, substitute dividend expenses on securities sold short, interest expense, extraordinary expenses and indirect expenses attributable to the Fund’s investment in other funds), expressed as a percentage of average daily net assets, as noted below:
Contractual Expense Limitations August 1, 2013 to September 30, 2013 | ||||||||||||||||
Fund | I Shares | A Shares | C Shares | R Shares | ||||||||||||
Core Bond Fund* | 0.45 | % | 0.75 | % | N/A | % | 1.05 | % | ||||||||
Corporate Bond Fund* | 0.65 | 0.95 | 1.65 | N/A | ||||||||||||
Georgia Tax-Exempt Bond Fund | 0.65 | 0.80 | N/A | N/A | ||||||||||||
High Grade Municipal Bond Fund | 0.65 | 0.80 | N/A | N/A | ||||||||||||
High Income Fund* | 0.78 | 1.08 | N/A | 1.50 | ||||||||||||
Intermediate Bond Fund* | 0.45 | 0.75 | N/A | 1.05 | ||||||||||||
Investment Grade Tax-Exempt Bond Fund | 0.65 | 0.80 | N/A | N/A | ||||||||||||
Limited Duration Fund | 0.32 | N/A | N/A | N/A | ||||||||||||
Limited-Term Federal Mortgage Securities Fund | 0.66 | 0.86 | 1.66 | N/A | ||||||||||||
North Carolina Tax-Exempt Bond Fund | 0.65 | 0.80 | N/A | N/A | ||||||||||||
Seix Floating Rate High Income Fund* | 0.67 | 0.97 | 1.61 | N/A | ||||||||||||
Seix High Yield Fund | 0.61 | 0.87 | 1.30 | N/A | ||||||||||||
Short-Term Bond Fund* | 0.60 | 0.80 | N/A | 1.60 | ||||||||||||
Short-Term Municipal Bond Fund | 0.55 | 0.70 | N/A | N/A | ||||||||||||
Short-Term U.S. Treasury Securities Fund | 0.55 | 0.73 | 1.55 | N/A | ||||||||||||
Total Return Bond Fund* | 0.45 | 0.75 | N/A | 1.05 | ||||||||||||
Ultra-Short Bond Fund* | 0.46 | N/A | N/A | N/A | ||||||||||||
U.S. Government Securities Fund* | 0.75 | 0.95 | 1.70 | N/A | ||||||||||||
U.S. Government Securities Ultra-Short Bond Fund* | 0.46 | N/A | N/A | N/A | ||||||||||||
Virginia Intermediate Municipal Bond Fund | 0.65 | 0.80 | N/A | N/A |
* | For the period April 1, 2013 to July 31, 2013 the Contractual Expense Limitations were as follows: |
Fund | I Shares | A Shares | C Shares | R Shares | ||||||||||||
Core Bond Fund | 0.45 | % | 0.72 | % | N/A | % | 1.05 | % | ||||||||
Corporate Bond Fund | 0.62 | 0.93 | 1.60 | N/A | ||||||||||||
High Income Fund | 0.76 | 1.06 | N/A | 1.46 | ||||||||||||
Intermediate Bond Fund | 0.44 | 0.70 | N/A | 1.20 | ||||||||||||
Seix Floating Rate High Income Fund | 0.62 | 0.95 | 1.61 | N/A | ||||||||||||
Short-Term Bond Fund | 0.58 | 0.77 | N/A | 1.57 | ||||||||||||
Total Return Bond Fund | 0.43 | 0.68 | N/A | 0.99 | ||||||||||||
Ultra-Short Bond Fund | 0.42 | N/A | N/A | N/A | ||||||||||||
U.S. Government Securities Fund | 0.72 | 0.95 | 1.70 | N/A | ||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 0.43 | N/A | N/A | N/A |
154
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Under the Expense Limitation Agreement, the Investment Adviser may retain the difference between the Contractual Expense Limitation identified above and the actual total expenses to recapture any of its prior contractual waivers or reimbursements at a date not to exceed three years from the date of such waivers or reimbursements. Such repayments shall be made monthly, but only to the extent that such repayments would not cause the annualized total expense ratio to exceed the contractual expense limitation in place at that time. During the period ended September 30, 2013, the Investment Adviser did not recapture any of its prior contractual waivers or reimbursements. As of September 30, 2013, the cumulative potential recoupments recoverable pursuant to this agreement are as follows:
Expires | ||||||||||||||||
2014 | 2015 | 2016 | 2017 | |||||||||||||
Core Bond Fund | $— | $— | $1,227 | $42 | ||||||||||||
Corporate Bond Fund | — | — | 10,691 | 5,807 | ||||||||||||
High Grade Municipal Bond Fund | 32,038 | 11,057 | 17,205 | 6,238 | ||||||||||||
High Income Fund | — | — | 85,675 | 46,565 | ||||||||||||
Intermediate Bond Fund | — | — | 580 | 12 | ||||||||||||
Investment Grade Tax-Exempt Bond Fund | — | — | 53,503 | 22,417 | ||||||||||||
Limited Duration Fund | — | — | 3,221 | 4,209 | ||||||||||||
Limited-Term Federal Mortgage Securities Fund | — | 26,833 | 49,640 | 29,991 | ||||||||||||
North Carolina Tax-Exempt Bond Fund | — | — | — | 2 | ||||||||||||
Seix High Yield Fund | — | — | — | 482 | ||||||||||||
Short-Term Bond Fund | — | — | 2,491 | 1,655 | ||||||||||||
Short-Term Municipal Bond Fund | — | 22,692 | 36,571 | 21,693 | ||||||||||||
Short-Term US Treasury Securities Fund | 18,813 | 44,910 | 49,079 | 27,248 | ||||||||||||
Total Return Bond Fund | — | — | 134,555 | 20,105 | ||||||||||||
US Government Securities Fund | — | — | 26,551 | 22,627 |
Amounts designated as “—” are $0.
During the period ended September 30, 2013, the Investment Adviser also voluntarily waived fees in certain Funds in order to maintain a more competitive expense ratio for shareholders. These voluntary waivers are not available to be recouped by the Investment Adviser in subsequent years.
The Investment Adviser has voluntarily undertaken to reduce and/or subsidize certain expenses of the Limited-Term Federal Mortgage Securities Fund, Short-Term Bond Fund, Short-Term U.S. Treasury Securities Fund and U.S. Government Securities Fund to the extent necessary to maintain a minimum annualized yield of 0.00% for each of the Fund’s share classes. This voluntary expense reduction and/or expense subsidy may be modified or discontinued at any time without prior notice. There can be no assurance that this fee reduction will be sufficient to avoid any loss. During the period ended September 30, 2013, Short-Term Municipal Bond Fund, Short-Term U.S. Securities Fund and U.S. Government Securities Fund had voluntary reimbursements in the amount of $299, $5,563 and $4,946, respectively.
Fund Accounting, Custody, Administration, and Transfer Agency — State Street Bank and Trust Company (“State Street Bank”) serves as the fund accounting agent and custodian for the Trust pursuant to a Master Custodian Agreement. The custodian is responsible for the safekeeping of the assets of the Funds and the fund accounting agent is responsible for calculating the Funds’ NAVs. State Street Bank, as the Funds’ custodian and fund accounting agent, is paid on the basis of net assets and transaction costs of the Funds. State Street Bank also serves as the administrator for the Trust pursuant to an administration agreement. State Street Bank, as the Funds’ administrator, is paid on the basis of net assets of the RidgeWorth Funds which are allocated among the series of the Trust, on the basis of relative net assets.
Boston Financial Data Services, Inc. (“BFDS”) serves as the transfer agent to the Trust pursuant to a Transfer Agency and Service Agreement. BFDS is paid on the basis of net assets, per account fees and certain transaction costs.
Custodian Credits — The Funds have an agreement with their custodian under which custody fees may be reduced by balance credits. These credits, if any, are shown as a reduction of total expenses on the Statements of Operations.
155
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Distribution — The Trust and RidgeWorth Distributors LLC (the “Distributor”) are parties to a Distribution Agreement.
In addition, with respect to the A Shares, C Shares and R Shares, the Distributor receives amounts, pursuant to a Distribution and Service Plan, based upon average daily net assets of each respective class, which are computed daily and paid monthly. For the period ended September 30, 2013, the Distributor did not retain any of the front end sales charges assessed on the sale of Class A shares. For the period ended September 30, 2013, the Distributor did not retain any commissions from contingent deferred sales charges assessed on redemptions of Class C Shares. These current board approved fees, expressed as a percentage of average daily net assets, for the period ended September 30, 2013, were as follows:
Fund | A Share Distribution and Service Fee | C Share Distribution and Service Fee | R Share Distribution and Service Fee | |||||||||
Core Bond Fund | 0.30 | % | N/A | % | 0.50 | % | ||||||
Corporate Bond Fund | 0.30 | 1.00 | N/A | |||||||||
Georgia Tax-Exempt Bond Fund | 0.15 | N/A | N/A | |||||||||
High Grade Municipal Bond Fund | 0.15 | N/A | N/A | |||||||||
High Income Fund | 0.30 | N/A | 0.50 | |||||||||
Intermediate Bond Fund | 0.25 | N/A | 0.50 | |||||||||
Investment Grade Tax-Exempt Bond Fund | 0.30 | N/A | N/A | |||||||||
Limited-Term Federal Mortgage Securities Fund | 0.20 | 1.00 | N/A | |||||||||
North Carolina Tax-Exempt Bond Fund | 0.15 | N/A | N/A | |||||||||
Seix Floating Rate High Income Fund | 0.30 | 1.00 | N/A | |||||||||
Seix High Yield Fund | 0.25 | N/A | 0.50 | |||||||||
Short-Term Bond Fund | 0.20 | 1.00 | N/A | |||||||||
Short-Term Municipal Bond Fund | 0.15 | N/A | N/A | |||||||||
Short-Term U.S. Treasury Securities Fund | 0.18 | 1.00 | N/A | |||||||||
Total Return Bond Fund | 0.25 | N/A | 0.50 | |||||||||
U.S. Government Securities Fund | 0.30 | 1.00 | N/A | |||||||||
Virginia Intermediate Municipal Bond Fund | 0.15 | N/A | N/A |
Shareholder Servicing Fees — The Funds have adopted shareholder services fees for the I Shares and A Shares of such Funds. Each of these Funds (or class thereof, as the case may be) may pay to financial institutions that provide certain services to the Funds a services fee. The services may include, among others, providing general shareholder liaison services (including responding to shareholder inquiries) providing information on shareholder investments, and establishing and maintaining shareholder accounts and records. The Funds may pay a shareholder services fee up to an annual rate of 0.20% of average daily net assets of a Fund’s I Shares or A Shares. The Core Bond Fund, High Income Fund, Intermediate Bond Fund, Seix High Yield Fund, and Total Return Bond Fund have adopted a shareholder services fee for the R Shares. Each Fund pays specified benefit plans or other financial service firms for shareholder support services they provide, at an annual rate of up to 0.25% of the average daily net assets of R Shares.
Other Fees — The Investment Adviser provides compliance and certain administrative services to the Trust to ensure compliance with applicable laws and regulations. For the year ended September 30, 2013, the Investment Adviser was paid $ 777,618 for these services. Foreside Compliance Services, LLC (“FCS”) an affiliate of the Distributor, provides an Anti-Money Laundering Officer/ Identity Theft Prevention Officer (“AML Officer”) to the Trust. Fees paid to FCS pursuant to these agreements are reflected on the Statements of Operations as a component of the caption “Other Fees”.
FCS nor any of their officers or employees who serve as an officer of the Trust, has any role in determining the Funds’ investment policies or which securities are to be purchased or sold by the Trust or its Funds. Certain officers or employees of FCS are also officers of the Trust.
Certain officers of the Trust are also officers or employees of the Investment Adviser, FCS and/or the administrator. Such officers receive no fees from the Trust for serving as officers of the Trust.
156
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Each of the Trustees receives an annual retainer and an additional fee for each meeting attended, plus reimbursement for certain expenses incurred. Trustees receive an additional fee for attendance at committee meetings. Information on the aggregate remuneration paid to the Trustees can be found on the Statements of Operations.
4. | Capital Stock Transactions |
Transactions in capital shares and dollars for the year ended March 31, 2013 and the period ended September 30, 2013 were as follows:
Shares Issued | Shares Reinvested | Shares Redeemed | Net Increase (Decrease) in Shares Outstanding | Proceeds from Shares Issued | Dividends Reinvested | Cost of Shares Redeemed | Change in Net Assets from Capital Transactions | |||||||||||||||||||||||||
Core Bond Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 1,823,607 | 197,562 | (11,330,122 | ) | (9,308,953 | ) | $19,988,552 | $,155,785 | $(123,003,433 | ) | $(100,859,096 | ) | ||||||||||||||||||||
3/31/2013 | 15,150,156 | 1,003,059 | (22,520,877 | ) | (6,367,662 | ) | 170,890,899 | 11,280,597 | (252,118,768 | ) | (69,947,272 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 467,053 | 12,870 | (531,634 | ) | (51,711 | ) | 5,067,566 | 140,155 | (5,794,614 | ) | (586,893 | ) | ||||||||||||||||||||
3/31/2013 | 542,528 | 47,009 | (686,479 | ) | (96,942 | ) | 6,113,163 | 528,383 | (7,733,353 | ) | (1,091,807 | ) | ||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 1,322 | 2,809 | (55,066 | ) | (50,935 | ) | 14,399 | 30,615 | (606,390 | ) | (561,376 | ) | ||||||||||||||||||||
3/31/2013 | 7,978 | 10,828 | (95,008 | ) | (76,202 | ) | 89,791 | 121,788 | (1,070,887 | ) | (859,308 | ) | ||||||||||||||||||||
Corporate Bond Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 581,301 | 85,340 | (664,243 | ) | 2,398 | 5,299,820 | 765,265 | (6,036,795 | ) | 28,290 | ||||||||||||||||||||||
3/31/2013 | 1,982,956 | 434,731 | (2,962,851 | ) | (545,164 | ) | 18,861,172 | 4,110,294 | (28,188,098 | ) | (5,216,632 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 11,910 | 2,801 | (336,012 | ) | (321,301 | ) | 109,880 | 25,408 | (2,996,593 | ) | (2,861,305 | ) | ||||||||||||||||||||
3/31/2013 | 327,279 | 22,799 | (380,224 | ) | (30,146 | ) | 3,102,078 | 216,200 | (3,630,328 | ) | (312,050 | ) | ||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 3,795 | 13,498 | (418,496 | ) | (401,203 | ) | 35,729 | 120,831 | (3,774,291 | ) | (3,617,731 | ) | ||||||||||||||||||||
3/31/2013 | 103,335 | 85,637 | (475,178 | ) | (286,206 | ) | 996,415 | 807,662 | (4,518,289 | ) | (2,714,212 | ) | ||||||||||||||||||||
Georgia Tax-Exempt Bond Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 1,049,965 | 16,136 | (2,218,981 | ) | (1,152,880 | ) | 10,992,237 | 166,487 | (22,892,155 | ) | (11,733,431 | ) | ||||||||||||||||||||
3/31/2013 | 2,831,504 | 20,748 | (2,923,235 | ) | (70,983 | ) | 30,603,687 | 224,250 | (31,648,061 | ) | (820,124 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 16,703 | 4,963 | (27,855 | ) | (6,189 | ) | 180,823 | 51,286 | (284,240 | ) | (52,131 | ) | ||||||||||||||||||||
3/31/2013 | 54,802 | 6,860 | (43,641 | ) | 18,021 | 590,388 | 74,262 | (474,378 | ) | 190,272 | ||||||||||||||||||||||
High Grade Municipal Bond Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 1,255,700 | 22,452 | (1,507,795 | ) | (229,643 | ) | 15,006,193 | 261,917 | (17,783,103 | ) | (2,514,993 | ) | ||||||||||||||||||||
3/31/2013 | 2,956,341 | 62,484 | (2,074,029 | ) | 944,796 | 36,263,488 | 756,064 | (25,383,903 | ) | 11,635,649 | ||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 165,421 | 8,059 | (334,588 | ) | (161,109 | ) | 1,970,393 | 94,072 | (3,897,624 | ) | (1,833,159 | ) | ||||||||||||||||||||
3/31/2013 | 369,896 | 24,900 | (137,597 | ) | 257,199 | 4,526,852 | 302,002 | (1,682,718 | ) | 3,146,136 | ||||||||||||||||||||||
High Income Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 33,932,904 | 2,573,333 | (48,977,776 | ) | (12,471,539 | ) | 245,480,063 | 18,595,913 | (353,909,043 | ) | (89,833,067 | ) | ||||||||||||||||||||
3/31/2013 | 63,456,336 | 4,997,397 | (44,901,177 | ) | 23,552,556 | 447,059,168 | 35,281,125 | (316,563,071 | ) | 165,777,222 | ||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 11,002,708 | 443,564 | (6,253,654 | ) | 5,192,618 | 79,400,596 | 3,201,086 | (45,108,076 | ) | 37,493,606 | ||||||||||||||||||||||
3/31/2013 | 10,886,569 | 778,455 | (9,805,619 | ) | 1,859,405 | 76,434,488 | 5,495,991 | (69,328,992 | ) | 12,601,487 | ||||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 372,784 | 75,266 | (678,997 | ) | (230,947 | ) | 2,709,644 | 543,158 | (4,911,580 | ) | (1,658,778 | ) | ||||||||||||||||||||
3/31/2013 | 1,008,470 | 136,362 | (820,532 | ) | 324,300 | 7,132,330 | 961,340 | (5,773,798 | ) | 2,319,872 |
157
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Shares Issued | Shares Reinvested | Shares Redeemed | Net Increase (Decrease) in Shares Outstanding | Proceeds from Shares Issued | Dividends Reinvested | Cost of Shares Redeemed | Change in Net Assets from Capital Transactions | |||||||||||||||||||||||||
Intermediate Bond Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 3,085,686 | 222,925 | (47,352,406 | ) | (44,043,795 | ) | $31,559,012 | $2,263,112 | $(479,323,098) | $(445,500,974) | ||||||||||||||||||||||
3/31/2013 | 16,739,307 | 2,522,665 | (42,042,210 | ) | (22,780,238 | ) | 175,567,635 | 26,162,518 | (440,706,666 | ) | (238,976,513 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 56,895 | 3,532 | (445,151 | ) | (384,724 | ) | 580,580 | 35,878 | (4,499,595 | ) | (3,883,137 | ) | ||||||||||||||||||||
3/31/2013 | 329,512 | 40,273 | (494,247 | ) | (124,462 | ) | 3,462,213 | 417,927 | (5,156,768 | ) | (1,276,628 | ) | ||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | — | 10 | (497 | ) | (487 | ) | — | 100 | (5,108 | ) | (5,008 | ) | ||||||||||||||||||||
3/31/2013 | 5,295 | 132 | (73,924 | ) | (68,497 | ) | 55,307 | 1,373 | (777,254 | ) | (720,574 | ) | ||||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 8,853,006 | 436,636 | (26,816,960 | ) | (17,527,318 | ) | 107,594,444 | 5,294,467 | (327,883,094 | ) | (214,994,183 | ) | ||||||||||||||||||||
3/31/2013 | 25,364,479 | 2,556,547 | (25,177,845 | ) | 2,743,181 | 321,422,608 | 31,929,508 | (319,378,757 | ) | 33,973,359 | ||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 657,829 | 20,224 | (986,252 | ) | (308,199 | ) | 8,129,578 | 244,820 | (11,900,174 | ) | (3,525,776 | ) | ||||||||||||||||||||
3/31/2013 | 627,050 | 80,768 | (770,243 | ) | (62,425 | ) | 7,963,610 | 1,008,871 | (9,745,117 | ) | (772,636 | ) | ||||||||||||||||||||
Limited Duration Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | — | 85 | (276,001 | ) | (275,916 | ) | — | 834 | (2,710,333 | ) | (2,709,499 | ) | ||||||||||||||||||||
3/31/2013 | — | 1,795 | (688,748 | ) | (686,953 | ) | — | 17,573 | (6,735,932 | ) | (6,718,359 | ) | ||||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 45,192 | 5,093 | (311,216 | ) | (260,931 | ) | 494,301 | 55,673 | (3,369,765 | ) | (2,819,791 | ) | ||||||||||||||||||||
3/31/2013 | 324,611 | 16,574 | (1,774,341 | ) | (1,433,156 | ) | 3,631,796 | 185,548 | (19,879,334 | ) | (16,061,990 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 1,410 | 1,278 | (26,886 | ) | (24,198 | ) | 15,405 | 13,931 | (291,965 | ) | (262,629 | ) | ||||||||||||||||||||
3/31/2013 | 12,930 | 2,717 | (378,991 | ) | (363,344 | ) | 144,522 | 30,356 | (4,222,167 | ) | (4,047,289 | ) | ||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 12,095 | 1,530 | (77,851 | ) | (64,226 | ) | 133,268 | 16,713 | (849,562 | ) | (699,581 | ) | ||||||||||||||||||||
3/31/2013 | 19,025 | 2,933 | (145,883 | ) | (123,925 | ) | 212,895 | 32,830 | (1,632,101 | ) | (1,386,376 | ) | ||||||||||||||||||||
North Carolina Tax-Exempt Bond Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 396,447 | 4,085 | (583,482 | ) | (182,950 | ) | 4,108,424 | 41,757 | (5,954,451 | ) | (1,804,270 | ) | ||||||||||||||||||||
3/31/2013 | 814,545 | 4,249 | (856,799 | ) | (38,005 | ) | 8,700,825 | 45,645 | (9,203,531 | ) | (457,061 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 8,689 | 883 | (11,384 | ) | (1,812 | ) | 87,681 | 9,021 | (115,547 | ) | (18,845 | ) | ||||||||||||||||||||
3/31/2013 | 27,037 | 858 | (3,042 | ) | 24,853 | 289,648 | 9,177 | (32,515 | ) | 266,310 | ||||||||||||||||||||||
Seix Floating Rate High Income Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 370,757,483 | 9,219,929 | (149,378,944 | ) | 230,598,468 | 3,350,171,026 | 83,176,460 | (1,347,769,186 | ) | 2,085,578,300 | ||||||||||||||||||||||
3/31/2013 | 404,801,992 | 12,393,422 | (166,301,380 | ) | 250,894,034 | 3,623,676,264 | 110,642,663 | (1,480,951,289 | ) | 2,253,367,638 | ||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 10,790,759 | 236,281 | (1,670,147 | ) | 9,356,893 | 97,382,298 | 2,131,019 | (15,079,205 | ) | 84,434,112 | ||||||||||||||||||||||
3/31/2013 | 7,494,467 | 186,533 | (2,545,591 | ) | 5,135,409 | 67,443,345 | 1,664,277 | (22,575,703 | ) | 46,531,919 | ||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 3,396,254 | 49,989 | (352,700 | ) | 3,093,543 | 30,689,949 | 451,092 | (3,188,186 | ) | 27,952,855 | ||||||||||||||||||||||
3/31/2013 | 1,666,689 | 77,164 | (686,469 | ) | 1,057,384 | 14,952,802 | 688,547 | (6,107,635 | ) | 9,533,714 | ||||||||||||||||||||||
Seix High Yield Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 43,460,346 | 1,350,232 | (56,278,401 | ) | (11,467,823 | ) | 439,822,421 | 13,668,992 | (569,877,354 | ) | (116,385,941 | ) | ||||||||||||||||||||
3/31/2013 | 87,306,757 | 4,448,330 | (136,305,874 | ) | (44,550,787 | ) | 862,445,636 | 44,104,060 | (1,351,388,077 | ) | (444,838,381 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 3,249,158 | 127,594 | (3,757,096 | ) | (380,344 | ) | 32,023,715 | 1,265,113 | (37,563,524 | ) | (4,274,696 | ) | ||||||||||||||||||||
3/31/2013 | 7,150,408 | 299,831 | (4,219,958 | ) | 3,230,281 | 69,009,998 | 2,932,488 | (41,347,650 | ) | 30,594,836 | ||||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 1,481 | 4,122 | (77,598 | ) | (71,995 | ) | 15,029 | 41,593 | (787,892 | ) | (731,270 | ) | ||||||||||||||||||||
3/31/2013 | 5,113 | 8,840 | (32,159 | ) | (18,206 | ) | 50,214 | 87,833 | (316,844 | ) | (178,797 | ) |
158
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Shares Issued | Shares Reinvested | Shares Redeemed | Net Increase (Decrease) in Shares Outstanding | Proceeds from Shares Issued | Dividends Reinvested | Cost of Shares Redeemed | Change in Net Assets from Capital Transactions | |||||||||||||||||||||||||
Short-Term Bond Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 274,741 | 15,790 | (2,234,980 | ) | (1,944,449 | ) | $2,737,082 | $157,097 | $(22,248,453) | $(19,354,274) | ||||||||||||||||||||||
3/31/2013 | 3,470,249 | 97,589 | (26,854,233 | ) | (23,286,395 | ) | 34,716,711 | 976,861 | (268,943,424 | ) | (233,249,852 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 121,129 | 1,166 | (74,611 | ) | 47,684 | 1,204,505 | 11,624 | (745,502 | ) | 470,627 | ||||||||||||||||||||||
3/31/2013 | 26,407 | 2,368 | (69,779 | ) | (41,004 | ) | 264,900 | 23,770 | (699,939 | ) | (411,269 | ) | ||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 3,538 | 282 | (37,481 | ) | (33,661 | ) | 35,421 | 2,813 | (373,613 | ) | (335,379 | ) | ||||||||||||||||||||
3/31/2013 | 26,988 | 1,026 | (86,555 | ) | (58,541 | ) | 270,704 | 10,289 | (867,776 | ) | (586,783 | ) | ||||||||||||||||||||
Short-Term Municipal Bond Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 681,308 | 1,035 | (112,240 | ) | 570,103 | 6,768,287 | 10,303 | (1,122,946 | ) | 5,655,644 | ||||||||||||||||||||||
3/31/2013 | 558,184 | 59,062 | (60,939 | ) | 556,307 | 5,751,667 | 589,875 | (651,080 | ) | 5,690,462 | ||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 123,752 | 220 | (47,115 | ) | 76,857 | 1,228,972 | 2,193 | (470,098 | ) | 761,067 | ||||||||||||||||||||||
3/31/2013 | 50,302 | 28,732 | (30,895 | ) | 48,139 | 527,368 | 286,738 | (332,298 | ) | 481,808 | ||||||||||||||||||||||
Short-Term U.S. Treasury Securities Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 12,506 | 312 | (130,369 | ) | (117,551 | ) | 123,360 | 3,079 | (1,287,383 | ) | (1,160,944 | ) | ||||||||||||||||||||
3/31/2013 | 115,958 | 2,083 | (634,242 | ) | (516,201 | ) | 1,154,142 | 20,694 | (6,305,766 | ) | (5,130,930 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 86,022 | 107 | (53,373 | ) | 32,756 | 845,646 | 1,055 | (526,294 | ) | 320,407 | ||||||||||||||||||||||
3/31/2013 | 6,636 | 921 | (141,657 | ) | (134,100 | ) | 65,903 | 9,130 | (1,405,325 | ) | (1,330,292 | ) | ||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 4,545 | — | (107,861 | ) | (103,316 | ) | 44,754 | — | (1,062,074 | ) | (1,017,320 | ) | ||||||||||||||||||||
3/31/2013 | 88,635 | 1,683 | (202,166 | ) | (111,848 | ) | 879,321 | 16,650 | (2,006,700 | ) | (1,110,729 | ) | ||||||||||||||||||||
Total Return Bond Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 20,177,022 | 854,658 | (26,473,499 | ) | (5,441,819 | ) | 213,509,541 | 8,996,768 | (279,137,891 | ) | (56,631,582 | ) | ||||||||||||||||||||
3/31/2013 | 53,695,087 | 3,450,575 | (38,033,874 | ) | 19,111,788 | 587,970,113 | 37,602,169 | (415,117,943 | ) | 210,454,339 | ||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 775,340 | 28,088 | (1,268,437 | ) | (465,009 | ) | 8,542,751 | 305,514 | (13,772,354 | ) | (4,924,089 | ) | ||||||||||||||||||||
3/31/2013 | 2,420,995 | 146,515 | (2,045,673 | ) | 521,837 | 27,388,217 | 1,649,647 | (23,091,925 | ) | 5,945,939 | ||||||||||||||||||||||
R Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 1,316,836 | 37,873 | (913,235 | ) | 441,474 | 13,937,883 | 398,461 | (9,625,343 | ) | 4,711,001 | ||||||||||||||||||||||
3/31/2013 | 5,860,073 | 153,477 | (1,164,359 | ) | 4,849,191 | 64,188,443 | 1,670,614 | (12,767,355 | ) | 53,091,702 | ||||||||||||||||||||||
Ultra-Short Bond Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 8,399,920 | 36,920 | (6,878,381 | ) | 1,558,459 | 83,722,616 | 367,291 | (68,407,036 | ) | 15,682,871 | ||||||||||||||||||||||
3/31/2013 | 10,370,480 | 75,875 | (10,825,088 | ) | (378,733 | ) | 103,337,932 | 756,107 | (107,945,587 | ) | (3,851,548 | ) | ||||||||||||||||||||
U.S. Government Securities Fund | ||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 233,605 | 7,021 | (1,303,671 | ) | (1,063,045 | ) | 1,939,420 | 58,236 | (10,826,888 | ) | (8,829,232 | ) | ||||||||||||||||||||
3/31/2013 | 1,111,216 | 195,444 | (1,743,213 | ) | (436,553 | ) | 9,711,509 | 1,657,012 | (15,235,513 | ) | (3,866,992 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 2,476 | 141 | (65,108 | ) | (62,491 | ) | 20,873 | 1,165 | (541,184 | ) | (519,146 | ) | ||||||||||||||||||||
3/31/2013 | 14,273 | 8,436 | (31,982 | ) | (9,273 | ) | 122,865 | 71,433 | (280,206 | ) | (85,908 | ) | ||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 875 | — | (40,927 | ) | (40,052 | ) | 7,200 | — | (337,449 | ) | (330,249 | ) | ||||||||||||||||||||
3/31/2013 | 2,372 | 10,185 | (60,846 | ) | (48,289 | ) | 21,123 | 86,065 | (533,000 | ) | (425,812 | ) | ||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 73,684,361 | 565,935 | (81,170,876 | ) | (6,920,580 | ) | 746,261,335 | 5,731,229 | (822,575,542 | ) | (70,582,978 | ) | ||||||||||||||||||||
3/31/2013 | 175,905,609 | 1,420,235 | (148,517,021 | ) | 28,808,823 | 1,788,421,958 | 14,444,404 | (1,510,221,408 | ) | 292,644,954 |
159
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Shares Issued | Shares Reinvested | Shares Redeemed | Net Increase (Decrease) in Shares Outstanding | Proceeds from Shares Issued | Dividends Reinvested | Cost of Shares Redeemed | Change in Net Assets from Capital Transactions | |||||||||||||||||||||||||
Virginia Intermediate Municipal Bond Fund |
| |||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 760,841 | 15,347 | (905,499 | ) | (129,311 | ) | $7,813,217 | $156,651 | $(9,270,283) | $(1,300,415) | ||||||||||||||||||||||
3/31/2013 | 1,419,812 | 107,996 | (1,663,125 | ) | (135,317 | ) | 15,183,825 | 1,144,606 | (17,855,818 | ) | (1,527,387 | ) | ||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||
9/30/2013 | 37,523 | 9,839 | (195,986 | ) | (148,624 | ) | 395,003 | 100,088 | (1,988,731 | ) | (1,493,640 | ) | ||||||||||||||||||||
3/31/2013 | 159,410 | 19,266 | (312,015 | ) | (133,339 | ) | 1,700,748 | 205,329 | (3,340,387 | ) | (1,434,310 | ) |
5. | Management Ownership |
At September 30, 2013, 28.83% of the outstanding shares of Short-Term Municipal Bond Fund were held by the Adviser.
6. | Investment Transactions |
The cost of security purchases and the proceeds from sales and maturities of securities, excluding securities maturing less than one year from acquisition and U.S. government securities, for the period ended September 30, 2013, were as follows:
Fund | Purchases | Sales and Maturities | ||||||
Core Bond Fund | $32,555,009 | $49,154,764 | ||||||
Corporate Bond Fund | 26,235,546 | 34,629,205 | ||||||
Georgia Tax-Exempt Bond Fund | 51,096,230 | 52,411,166 | ||||||
High Grade Municipal Bond Fund | 70,284,567 | 73,062,888 | ||||||
High Income Fund | 437,153,387 | 465,857,391 | ||||||
Intermediate Bond Fund | 91,426,896 | 211,938,280 | ||||||
Investment Grade Tax-Exempt Bond Fund | 383,727,255 | 545,477,098 | ||||||
Limited Duration Fund | 1,361,285 | 4,941,138 | ||||||
Limited-Term Federal Mortgage Securities Fund | 1,095,364 | 1,600,966 | ||||||
North Carolina Tax-Exempt Bond Fund | 29,819,287 | 28,766,172 | ||||||
Seix Floating Rate High Income Fund | 4,874,502,534 | 1,540,275,219 | ||||||
Seix High Yield Fund | 720,216,138 | 890,043,665 | ||||||
Short-Term Bond Fund | 19,286,566 | 36,906,542 | ||||||
Short-Term Municipal Bond Fund | 21,124,380 | 13,117,217 | ||||||
Total Return Bond Fund | 217,284,932 | 126,559,771 | ||||||
Ultra-Short Bond Fund | 110,925,548 | 89,367,838 | ||||||
U.S. Government Securities Ultra-Short Bond Fund | 140,826,100 | 126,213,567 | ||||||
Virginia Intermediate Municipal Bond Fund | 71,536,178 | 70,817,177 |
The cost of security purchases and proceeds from sales and maturities of U.S. government securities, excluding short-term investments, for the period ended September 30, 2013, were as follows:
Fund | Purchases | Sales and Maturities | ||||||
Core Bond Fund | $318,944,399 | $384,406,493 | ||||||
Intermediate Bond Fund | 468,216,125 | 820,065,030 | ||||||
Limited Duration Fund | 1,651,031 | — | ||||||
Limited-Term Federal Mortgage Securities Fund | 25,957,203 | 29,097,275 | ||||||
Short-Term Bond Fund | 3,294,945 | 4,202,203 | ||||||
Short-Term U.S. Treasury Securities Fund | 416,948 | 2,842,700 | ||||||
Total Return Bond Fund | 1,348,214,581 | 1,474,366,290 | ||||||
Ultra-Short Bond Fund | 4,755,265 | 8,842,769 | ||||||
U.S. Government Securities Fund | 9,032,033 | 17,976,233 | ||||||
U.S. Government Securities Ultra-Short Bond Fund | 285,578,995 | 449,410,825 |
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NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
7. | Federal Income Tax Information |
The following information is presented on an income tax basis and takes into consideration differences between amounts for financial statement and income tax purposes. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature (i.e., foreign currency transactions and return of capital on securities), such amounts are reclassified within the composition of net assets based on their U.S. federal tax-basis treatment; temporary differences do not require reclassification.
The cost of investments and aggregate gross unrealized appreciation and depreciation for securities held by the Funds at September 30, 2013 were as follows:
Fund | Cost | Aggregate Gross Unrealized Appreciation | Aggregate Gross Unrealized (Depreciation) | Net Unrealized Appreciation (Depreciation) | ||||||||||||
Core Bond Fund | $289,976,626 | $3,663,857 | $(3,107,800 | ) | $556,057 | |||||||||||
Corporate Bond Fund | 62,325,805 | 1,268,294 | (2,177,640 | ) | (909,346 | ) | ||||||||||
Georgia Tax-Exempt Bond Fund | 130,242,647 | 4,752,148 | (1,327,940 | ) | 3,424,208 | |||||||||||
High Grade Municipal Bond Fund | 55,969,195 | 3,250,556 | (541,262 | ) | 2,709,294 | |||||||||||
High Income Fund | 956,264,308 | 27,033,669 | (19,122,972 | ) | 7,910,697 | |||||||||||
Intermediate Bond Fund | 493,611,409 | 4,193,691 | (3,327,444 | ) | 866,247 | |||||||||||
Investment Grade Tax-Exempt Bond Fund | 752,250,791 | 31,476,099 | (3,733,699 | ) | 27,742,400 | |||||||||||
Limited Duration Fund | 6,776,912 | 20,864 | (7,396 | ) | 13,468 | |||||||||||
Limited-Term Federal Mortgage Securities Fund | 12,841,324 | 213,990 | (86,271 | ) | 127,719 | |||||||||||
North Carolina Tax-Exempt Bond Fund | 46,690,331 | 1,263,118 | (390,599 | ) | 872,519 | |||||||||||
Seix Floating Rate High Income Fund | 9,085,656,475 | 49,412,094 | (46,587,487 | ) | 2,824,607 | |||||||||||
Seix High Yield Fund | 1,814,083,747 | 58,528,194 | (19,978,760 | ) | 38,549,434 | |||||||||||
Short-Term Bond Fund | 62,596,858 | 698,544 | (156,634 | ) | 541,910 | |||||||||||
Short-Term Municipal Bond Fund | 22,727,362 | 107,166 | (10,364 | ) | 96,802 | |||||||||||
Short-Term U.S. Treasury Securities Fund | 10,168,783 | 74,207 | (17,025 | ) | 57,182 | |||||||||||
Total Return Bond Fund | 1,266,789,926 | 15,049,130 | (14,594,955 | ) | 454,175 | |||||||||||
Ultra-Short Bond Fund | 129,088,122 | 337,438 | (267,363 | ) | 70,075 | |||||||||||
U.S. Government Securities Fund | 28,729,586 | 274,280 | (138,988 | ) | 135,292 | |||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 2,221,878,117 | 23,601,574 | (3,422,940 | ) | 20,178,634 | |||||||||||
Virginia Intermediate Municipal Bond Fund | 140,017,135 | 6,318,587 | (243,764 | ) | 6,074,823 |
Amounts designated as “—” are $0.
The tax character of distributions paid to shareholders during the year ended March 31, 2013 was as follows:
Distributions paid from | ||||||||||||||||||||
Fund | Net Investment Income* | Net Long Term Capital Gains | Tax-Exempt Distributions** | Return of Capital | Total Distributions Paid* | |||||||||||||||
Core Bond Fund | $13,062,342 | $1,579,722 | $— | $— | $14,642,064 | |||||||||||||||
Corporate Bond Fund | 3,858,458 | 1,826,514 | — | — | 5,684,972 | |||||||||||||||
Georgia Tax-Exempt Bond Fund | 38 | — | 4,837,674 | — | 4,837,712 | |||||||||||||||
High Grade Municipal Bond Fund | 1,657,649 | 87,877 | 1,567,327 | — | 3,312,853 | |||||||||||||||
High Income Fund | 50,900,279 | — | — | — | 50,900,279 | |||||||||||||||
Intermediate Bond Fund | 30,286,567 | 18,983,206 | — | — | 49,269,773 | |||||||||||||||
Investment Grade Tax-Exempt Bond Fund | 26,205,811 | 5,046,345 | 20,258,662 | — | 51,510,818 | |||||||||||||||
Limited Duration Fund | 41,881 | — | — | — | 41,881 | |||||||||||||||
Limited-Term Federal Mortgage Securities Fund | 358,698 | — | — | — | 358,698 | |||||||||||||||
North Carolina Tax-Exempt Bond Fund | 782 | — | 1,486,154 | — | 1,486,936 | |||||||||||||||
Seix Floating Rate High Income Fund | 201,818,665 | — | — | — | 201,818,665 | |||||||||||||||
Seix High Yield Fund | 131,968,567 | — | — | — | 131,968,567 |
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Distributions paid from | ||||||||||||||||||||
Fund | Net Investment Income* | Net Long Term Capital Gains | Tax-Exempt Distributions** | Return of Capital | Total Distributions Paid* | |||||||||||||||
Short-Term Bond Fund | $3,541,696 | $— | $— | $— | $3,541,696 | |||||||||||||||
Short-Term Municipal Bond Fund | 175,546 | 856,881 | 42,250 | — | 1,074,677 | |||||||||||||||
Short-Term U.S. Treasury Securities Fund | 42,985 | 34,851 | — | — | 77,836 | |||||||||||||||
Total Return Bond Fund | 38,738,671 | 9,438,677 | — | — | 48,177,348 | |||||||||||||||
U.S. Government Securities Fund | 1,236,755 | — | — | — | 1,236,755 | |||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 1,361,976 | 740,714 | — | — | 2,102,690 | |||||||||||||||
Ultra-Short Bond Fund | 18,391,336 | — | — | — | 18,391,336 | |||||||||||||||
Virginia Intermediate Municipal Bond Fund | 474,292 | 1,955,122 | 4,648,012 | — | 7,077,426 |
* | Net Investment income includes taxable market discount income and short-term capital gains, if any. |
** | The Funds hereby designate these amounts as Exempt Interest Dividends. |
Amounts designated as “—” are $0.
As of March 31, 2013 the components of distributable earnings (accumulated losses) on a federal income tax basis were as follows:
Undistributed | Long Term Capital Gains | Net Unrealized (Depreciation)* | Loss Carryforwards and Deferrals | |||||||||||||||||||||
Fund | Tax Exempt Income | Ordinary Income | Total | |||||||||||||||||||||
Core Bond Fund | $— | $6,447 | $5,053,177 | $9,464,116 | ($853,658 | ) | $13,670,082 | |||||||||||||||||
Corporate Bond Fund | — | 267,377 | 1,487,623 | 3,003,511 | — | 4,758,511 | ||||||||||||||||||
Georgia Tax-Exempt Bond Fund | — | 536,429 | — | 8,612,632 | (1,574,453 | ) | 7,574,608 | |||||||||||||||||
High Grade Municipal Bond Fund | 125,911 | 229,389 | — | 5,094,617 | — | 5,449,917 | ||||||||||||||||||
High Income Fund | — | 11,501,634 | — | 39,274,144 | — | 50,775,778 | ||||||||||||||||||
Intermediate Bond Fund | — | — | 14,841,641 | 18,896,631 | — | 33,738,272 | ||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | 1,333,611 | 5,096,050 | 300,583 | 54,783,612 | — | 61,513,856 | ||||||||||||||||||
Limited Duration Fund | — | — | — | 41,919 | (1,457,939 | ) | (1,416,020 | ) | ||||||||||||||||
Limited-Term Federal Mortgage Securities Fund | — | — | — | 417,820 | (12,252,227 | ) | (11,834,407 | ) | ||||||||||||||||
North Carolina Tax-Exempt Bond Fund | 37,433 | — | 1,186,858 | 2,183,476 | — | 3,407,767 | ||||||||||||||||||
Seix Floating Rate High Income Fund | — | 19,488,117 | — | 65,543,685 | (46,697,756 | ) | 38,334,046 | |||||||||||||||||
Seix High Yield Fund | — | 8,765,675 | 29,023,659 | 117,145,093 | — | 154,934,427 | ||||||||||||||||||
Short-Term Bond Fund | — | 114,335 | — | 1,359,315 | (2,112,909 | ) | (639,259 | ) | ||||||||||||||||
Short-Term Municipal Bond Fund | — | 76,689 | — | 122,050 | — | 198,739 | ||||||||||||||||||
Short-Term U.S. Treasury Securities Fund | — | 1,333 | 16,380 | 104,450 | — | 122,163 | ||||||||||||||||||
Total Return Bond Fund | — | — | 10,891,234 | 30,288,844 | (6,283,637 | ) | 34,896,441 | |||||||||||||||||
Ultra-Short Bond Fund | — | 98,912 | — | 585,194 | (3,256,520 | ) | (2,572,414 | ) | ||||||||||||||||
U.S. Government Securities Fund | — | 12,404 | 112,599 | 896,335 | (113,208 | ) | 908,130 | |||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | — | 1,553,037 | — | $29,503,865 | (13,905,311 | ) | 17,151,591 | |||||||||||||||||
Virginia Intermediate Municipal Bond Fund | 379,200 | 342,328 | 1,042,800 | 10,020,871 | — | 11,785,199 |
* | The differences between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to: tax deferral of losses on wash sales, straddle deferrals, futures contract mark to market, dividends payable, bank loan adjustments, forward contracts mark to market 988(a)(1)(b), and mark to market on credit default swaps. |
Amounts designated as “—” are $0.
The Funds utilize the provisions of the federal income tax laws that provide for the carryforward of capital losses from prior years, offsetting such losses against any future realized capital gains. Under the Regulated Investment Company Modernization Act of 2010 (the “Act”), net capital losses recognized in taxable years beginning after December 22, 2010 (“post-enactment”), may be carried forward indefinitely, and their character is retained as
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(Unaudited)
short-term and/or long-term losses. Previously, net capital losses were carried forward for eight years and treated as short-term losses (“pre-enactment”). The Act requires that post-enactment net capital losses be used before pre-enactment net capital losses.
As of March 31, 2013, the pre-enactment accumulated capital loss carryforwards and expiration dates were as follows:
Expires | ||||||||||||||||||||||||||||
Fund | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | Total | |||||||||||||||||||||
Georgia Tax-Exempt Bond Fund | $— | $— | $— | $119,406 | $1,455,047 | $— | $1,574,453 | |||||||||||||||||||||
Limited Duration Fund | — | — | — | 356,074 | 1,101,865 | — | 1,457,939 | |||||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund | 5,208,560 | 4,062,767 | 2,980,391 | — | — | — | 12,251,718 | |||||||||||||||||||||
Seix Floating Rate High Income Fund | — | — | 17,710,411 | 28,987,345 | — | — | 46,697,756 | |||||||||||||||||||||
Short-Term Bond Fund | — | — | — | — | 2,112,909 | — | 2,112,909 | |||||||||||||||||||||
Ultra-Short Bond Fund | 572,772 | 667,058 | — | 202,726 | 1,362,740 | 451,224 | 3,256,520 | |||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | — | — | — | — | — | 8,408,484 | 8,408,484 |
Amounts designated as “—” are $0.
Capital loss carryforwards may be applied to offset future realized capital gains and may thus reduce future capital gain distributions.
During the year ended March 31, 2013, the following Funds utilized capital loss carryforwards as follows:
Fund | Amount | |||
Georgia Tax-Exempt Bond Fund | $4,725,574 | |||
Limited Duration Fund | 54,182 | |||
Limited-Term Federal Mortgage Securities Fund | 915,079 | |||
North Carolina Tax-Exempt Bond Fund | 789,078 | |||
Seix Floating Rate High Income Fund | 25,889,136 | |||
Seix High Yield Fund | 13,691,622 | |||
Short-Term Bond Fund | 4,308,532 | |||
Ultra-Short Bond Fund | 448,384 | |||
U.S. Government Securities Ultra-Short Bond Fund | 7,485,167 |
During the year ended March 31, 2013, the following Funds had capital loss carryforwards that expired in fiscal 2013 as follows:
Fund | Amount | |||
Limited-Term Federal Mortgage Securities Fund | $2,357,037 | |||
Ultra-Short Bond | 100,049 |
Net capital losses incurred after October 31, and within the taxable year are deemed to arise on the first business day of the Funds’ next taxable year. During the year ended March 31, 2013, the following Funds had net capital losses:
Fund | Short Term | Long Term | Total | |||||||||
Core Bond Fund | $853,658 | $— | $853,658 | |||||||||
Limited-Term Federal Mortgage Securities Fund | 509 | — | 509 | |||||||||
Total Return Bond Fund | 6,283,637 | — | 6,283,637 | |||||||||
U.S. Government Securities Fund | 113,208 | — | 113,208 | |||||||||
U.S. Government Securities Ultra-Short Bond Fund | 4,998,680 | 498,147 | 5,496,827 |
Pursuant to federal income tax rules applicable to regulated investment companies, the Funds may elect to treat certain capital losses between November 1 and March 31 and late year ordinary losses (i) ordinary losses between January 1 and March 31, and (ii) specified ordinary and currency losses between November 1 and March 31 as
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NOTES TO FINANCIAL STATEMENTS (concluded)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
occurring on the first day of the following tax year. For the year ended March 31, 2013, any amount of losses elected within the tax return will not be recognized for federal income tax purposes until April 1, 2013.
8. | Subsequent Events |
Management has evaluated subsequent events through the date these financial statements were issued. Management has determined, except as set forth below, that there are no material events that would require disclosure in the Funds’ financial statements through this date.
On November 15, 2013, all of the Funds entered into a committed unsecured revolving line of credit agreement (“LOC”) with State Street Bank and Trust (“State Street Bank”) for an aggregate amount of $100,000,000. The proceeds may be used only to: (1) temporarily finance the purchase and sale of securities; or (2) finance the redemption of shares of the Funds. The Funds will pay a commitment fee to State Street Bank in the amount of 0.10% per annum on the daily unused portion of the LOC. Borrowings under the LOC will accrue interest at the higher of (a) the Federal Funds Rate, or (b) the One-Month LIBOR Rate, plus a specified margin per annum. Generally, repayments must be made within 60 days of the borrowings.
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TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Information pertaining to the Independent Trustees of the Trust is set forth below.
Name and Age | Position Held with the Trust | Term of Office and Length of Time Served | Principal Occupation(s) During the Past 5 Years | Number of Portfolios in the RidgeWorth Complex Overseen by Trustees | Other Directorships 5 Years | |||||||
Tim E. Bentsen Age: 60 | Trustee | Indefinite; since 2012 | Retired. Audit Partner and Account Executive (1993-2012); Lead Area Managing Partner (2005-2009); Office Managing Partner (2003-2009), KPMG LLP. | 33 | None | |||||||
Jeffrey M. Biggar Age: 63 | Trustee | Indefinite; since 2007 | Director of Special Gifts for Hawken School (since May 2013); Managing Director, Little Mountain Group, LLC (an independent Registered Investment Advisor consulting firm) (2011-2013); Chief Operating Officer, Cedar Brook Financial Partners LLC (2008-2010); Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2000-2006). | 33 | Multi-Manager Master Portfolios LLC (3 portfolios) | |||||||
George C. Guynn Age: 70 | Trustee | Indefinite; since 2008 | Retired. President (1996-2006) and Chief Executive Officer (1995-2006) Federal Reserve Bank of Atlanta. | 33 | Genuine Parts Company; Oxford Industries; Multi-Manager Master Portfolios LLC (3 portfolios); formerly, Acuity Brands Inc. (through May 2013) | |||||||
Sidney E. Harris Age: 64 | Trustee | Indefinite; since 2004 | Professor (since 1997), Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University. | 33 | Total System Services, Inc.; Multi-Manager Master Portfolios LLC (3 portfolios) | |||||||
Warren Y. Jobe Age: 72 | Trustee | Indefinite; since 2004 | Retired. Executive Vice President and Chief Financial Officer, Georgia Power Company (1982-1998) and Senior Vice President, Southern Company (1998-2001). | 33 | WellPoint, Inc; UniSource Energy Corp. | |||||||
Connie D. McDaniel Age: 55 | Trustee | Indefinite; since 2005 | Retired. Vice President, Chief of Internal Audit, Corporate Audit Department (2009-May 2013); Vice President Global Finance Transformation (2007-2009); Vice President and Controller (1999-2007), The Coca-Cola Company. | 33 | None |
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TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS (concluded)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Name, Address and Age | Position(s) Held with the Trust | Term of Office and Length of Time Served | Principal Occupation(s) During the Past 5 Years | |||
TRUST OFFICERS | ||||||
Julia R. Short Age: 40 | President and Chief Executive Officer | One year; since 2007 | Managing Director, Product Manager, RidgeWorth Investments (since 2004). | |||
Joseph M. O’Donnell Age: 58 | Executive Vice President and Chief Compliance Officer | One year; since 2011 | Chief Compliance Officer of the ING Funds (2004-2011); Executive Vice President of the ING Funds (2004-2011); Chief Compliance Officer of ING Investments, LLC (2006-2008 and October 2009-2011); and Investment Advisor Chief Compliance Officer, Directed Services LLC (2006-2008 and 2009-2011). | |||
Denise R. Lewis Age: 50 | Treasurer and Chief Financial Officer | One year; since August 2012 | Director of Fund Administration, RidgeWorth Investments (since 2012); Vice President of Fund Analysis and Reporting, ING Investments Management, LLC (2006-2012). | |||
Benjamin H. Lowe Age: 35 | Assistant Treasurer | One year; since March 2012 | Director of Fund Administration, RidgeWorth Investments (since 2011); Fund Controller, ALPS Fund Services, Inc. (2005-2011). | |||
James Bacik State Street Bank and Trust Co. 4 Copley Place, 5th Fl. Boston, MA 02116 Age: 38 | Assistant Treasurer | One year; since 2010 | Vice President, State Street Bank and Trust Company (since 2001).1 | |||
James M. Atwood2 Foreside Compliance Services, LLC Three Canal Plaza, Suite 100 Portland, ME 04101 Age: 48 | Anti-Money Laundering Officer and Identity Theft Prevention Officer | One year; since 2010 | Compliance Analyst, Foreside Compliance Services, LLC (since 2007). | |||
Francine S. Hayes State Street Bank and Trust Company Mailstop CPH 0326 4 Copley Place Boston, MA 02116 Age: 45 | Secretary and Chief Legal Officer | One year; since August 2012 | Vice President and Managing Counsel, State Street Bank and Trust Company (since 1995).1 | |||
Julie Tedesco2 State Street Bank and Trust Company Mailstop CPH 0326 4 Copley Place Boston, MA 02116 Age: 56 | Assistant Secretary | One year; since November 2012 | Senior Vice President and Senior Managing Counsel, State Street Bank and Trust Company (since 2000).1 |
1 | During the year indicated the Officer has held various positions at State Street Bank and Trust Company and has provided his or her current title. |
2 | Resigned as an officer of the Trust effective October 11, 2013. |
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RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Expense Examples
As a shareholder of the RidgeWorth Funds, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchases; and (2) ongoing costs, including management fees, 12b-1 distribution and/or service fees, and other Fund expenses. These examples are intended to help you understand your ongoing costs (in dollars) of investing in the RidgeWorth Funds and to compare these costs with the ongoing costs of investing in other mutual funds.
These examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2013 through September 30, 2013.
Actual Expenses
The table below provides information about actual account values and actual expenses. You may use the information below, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the table under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.
Fund | Class | Beginning Account Value 04/01/13 | Ending Account Value 09/30/13 | Expenses Paid During Period* 04/01/13-09/30/13 | Expense Ratio During Period** 04/01/13-09/30/13 | |||||||||||||||
Core Bond Fund | I Shares | $1,000.00 | $977.50 | $2.08 | 0.42 | % | ||||||||||||||
A Shares | 1,000.00 | 975.10 | 3.56 | 0.72 | ||||||||||||||||
R Shares | 1,000.00 | 974.50 | 4.26 | 0.86 | ||||||||||||||||
Corporate Bond Fund | I Shares | 1,000.00 | 962.20 | 3.10 | �� | 0.63 | ||||||||||||||
A Shares | 1,000.00 | 960.00 | 4.52 | 0.92 | ||||||||||||||||
C Shares | 1,000.00 | 957.50 | 7.90 | 1.61 | ||||||||||||||||
Georgia Tax-Exempt Bond Fund | I Shares | 1,000.00 | 965.20 | 2.86 | 0.58 | |||||||||||||||
A Shares | 1,000.00 | 964.60 | 3.60 | 0.73 | ||||||||||||||||
High Grade Municipal Bond Fund | I Shares | 1,000.00 | 1,029.70 | 3.31 | 0.65 | |||||||||||||||
A Shares | 1,000.00 | 1,031.20 | 4.07 | 0.80 | ||||||||||||||||
High Income Fund | I Shares | 1,000.00 | 1,004.80 | 3.87 | 0.77 | |||||||||||||||
A Shares | 1,000.00 | 1,002.40 | 4.92 | 0.98 | ||||||||||||||||
R Shares | 1,000.00 | 1,002.60 | 6.02 | 1.20 | ||||||||||||||||
Intermediate Bond Fund | I Shares | 1,000.00 | 986.10 | 1.89 | 0.38 | |||||||||||||||
A Shares | 1,000.00 | 985.70 | 3.34 | 0.67 | ||||||||||||||||
R Shares | 1,000.00 | 984.20 | 4.82 | 0.97 | ||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | I Shares | 1,000.00 | 975.30 | 3.22 | 0.65 | |||||||||||||||
A Shares | 1,000.00 | 974.60 | 3.96 | 0.80 | ||||||||||||||||
Limited Duration Fund | I Shares | 1,000.00 | 1,000.00 | 1.60 | 0.32 | |||||||||||||||
Limited-Term Federal Mortgage Securities Fund | I Shares | 1,000.00 | 983.90 | 3.28 | 0.66 | |||||||||||||||
A Shares | 1,000.00 | 982.90 | 4.27 | 0.86 | ||||||||||||||||
C Shares | 1,000.00 | 979.00 | 8.24 | 1.66 | ||||||||||||||||
North Carolina Tax-Exempt Bond Fund | I Shares | 1,000.00 | 965.40 | 3.01 | 0.61 | |||||||||||||||
A Shares | 1,000.00 | 964.50 | 3.79 | 0.77 | ||||||||||||||||
Seix Floating Rate High Income Fund | I Shares | 1,000.00 | 1,012.30 | 2.88 | 0.57 | |||||||||||||||
A Shares | 1,000.00 | 1,011.00 | 4.23 | 0.84 | ||||||||||||||||
C Shares | 1,000.00 | 1,007.70 | 7.50 | 1.49 | ||||||||||||||||
Seix High Yield Fund | I Shares | 1,000.00 | 1,000.30 | 2.81 | 0.56 | |||||||||||||||
A Shares | 1,000.00 | 999.40 | 4.06 | 0.81 | ||||||||||||||||
R Shares | 1,000.00 | 997.00 | 5.21 | 1.04 | ||||||||||||||||
Short-Term Bond Fund | I Shares | 1,000.00 | 1,000.50 | 2.86 | 0.57 | |||||||||||||||
A Shares | 1,000.00 | 999.50 | 3.91 | 0.78 | ||||||||||||||||
C Shares | 1,000.00 | 995.60 | 7.80 | 1.56 | ||||||||||||||||
Short-Term Municipal Bond Fund | I Shares | 1,000.00 | 995.40 | 2.75 | 0.55 | |||||||||||||||
A Shares | 1,000.00 | 994.70 | 3.45 | 0.69 | ||||||||||||||||
Short-Term U.S. Treasury Securities Fund | I Shares | 1,000.00 | 997.60 | 2.75 | 0.55 | |||||||||||||||
A Shares | 1,000.00 | 995.70 | 3.65 | 0.73 | ||||||||||||||||
C Shares | 1,000.00 | 996.00 | 4.35 | 0.87 | ||||||||||||||||
Total Return Bond Fund | I Shares | 1,000.00 | 977.70 | 2.03 | 0.41 | |||||||||||||||
A Shares | 1,000.00 | 975.60 | 3.37 | 0.68 | ||||||||||||||||
R Shares | 1,000.00 | 974.80 | 5.00 | 1.01 |
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ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Fund | Class | Beginning Account Value 04/01/13 | Ending Account Value 09/30/13 | Expenses Paid During Period* 04/01/13-09/30/13 | Expense Ratio During Period** 04/01/13-09/30/13 | |||||||||||||||
Ultra-Short Bond Fund | I Shares | $1,000.00 | $1,000.80 | $1.66 | 0.33 | % | ||||||||||||||
U.S. Government Securities Fund | I Shares | 1,000.00 | 979.50 | 3.62 | 0.73 | |||||||||||||||
A Shares | 1,000.00 | 978.40 | 4.71 | 0.95 | ||||||||||||||||
C Shares | 1,000.00 | 977.50 | 5.70 | 1.15 | ||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | I Shares | 1,000.00 | 996.10 | 1.90 | 0.38 | |||||||||||||||
Virginia Intermediate Municipal Bond Fund | I Shares | 1,000.00 | 976.90 | 2.87 | 0.58 | |||||||||||||||
A Shares | 1,000.00 | 976.10 | 3.62 | 0.73 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days (183) in the most recent fiscal half-year divided by the number of days in the fiscal year (365). |
** | Annualized. |
Hypothetical Example
The table below provides information about hypothetical account values and hypothetical expenses based on each RidgeWorth Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads) or redemption fees. Therefore, the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
Fund | Class | Beginning Account Value 04/01/13 | Ending Account Value 09/30/13 | Expenses Paid During Period* 04/01/13-09/30/13 | Expense Ratio During Period** 04/01/13-09/30/13 | |||||||||||||||
Core Bond Fund | I Shares | $1,000.00 | $1,023.00 | $2.13 | 0.42 | % | ||||||||||||||
A Shares | 1,000.00 | 1,021.50 | 3.65 | 0.72 | ||||||||||||||||
R Shares | 1,000.00 | 1,020.80 | 4.36 | 0.86 | ||||||||||||||||
Corporate Bond Fund | I Shares | 1,000.00 | 1,021.90 | 3.19 | 0.63 | |||||||||||||||
A Shares | 1,000.00 | 1,020.50 | 4.66 | 0.92 | ||||||||||||||||
C Shares | 1,000.00 | 1,017.00 | 8.14 | 1.61 | ||||||||||||||||
Georgia Tax-Exempt Bond Fund | I Shares | 1,000.00 | 1,022.20 | 2.94 | 0.58 | |||||||||||||||
A Shares | 1,000.00 | 1,021.40 | 3.70 | 0.73 | ||||||||||||||||
High Grade Municipal Bond Fund | I Shares | 1,000.00 | 1,021.80 | 3.29 | 0.65 | |||||||||||||||
A Shares | 1,000.00 | 1,021.10 | 4.05 | 0.80 | ||||||||||||||||
High Income Fund | I Shares | 1,000.00 | 1,021.20 | 3.90 | 0.77 | |||||||||||||||
A Shares | 1,000.00 | 1,020.20 | 4.96 | 0.98 | ||||||||||||||||
R Shares | 1,000.00 | 1,019.10 | 6.07 | 1.20 | ||||||||||||||||
Intermediate Bond Fund | I Shares | 1,000.00 | 1,023.20 | 1.93 | 0.38 | |||||||||||||||
A Shares | 1,000.00 | 1,021.70 | 3.40 | 0.67 | ||||||||||||||||
R Shares | 1,000.00 | 1,020.20 | 4.91 | 0.97 | ||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | I Shares | 1,000.00 | 1,021.80 | 3.29 | 0.65 | |||||||||||||||
A Shares | 1,000.00 | 1,021.10 | 4.05 | 0.80 | ||||||||||||||||
Limited Duration Fund | I Shares | 1,000.00 | 1,023.50 | 1.62 | 0.32 | |||||||||||||||
Limited-Term Federal Mortgage Securities Fund | I Shares | 1,000.00 | 1,021.80 | 3.35 | 0.66 | |||||||||||||||
A Shares | 1,000.00 | 1,020.80 | 4.36 | 0.86 | ||||||||||||||||
C Shares | 1,000.00 | 1,016.70 | 8.39 | 1.66 | ||||||||||||||||
North Carolina Tax-Exempt Bond Fund | I Shares | 1,000.00 | 1,022.00 | 3.09 | 0.61 | |||||||||||||||
A Shares | 1,000.00 | 1,021.20 | 3.90 | 0.77 | ||||||||||||||||
Seix Floating Rate High Income Fund | I Shares | 1,000.00 | 1,022.20 | 2.89 | 0.57 | |||||||||||||||
A Shares | 1,000.00 | 1,020.90 | 4.26 | 0.84 | ||||||||||||||||
C Shares | 1,000.00 | 1,017.60 | 7.54 | 1.49 | ||||||||||||||||
Seix High Yield Fund | I Shares | 1,000.00 | 1,022.30 | 2.84 | 0.56 | |||||||||||||||
A Shares | 1,000.00 | 1,021.00 | 4.10 | 0.81 | ||||||||||||||||
R Shares | 1,000.00 | 1,019.90 | 5.27 | 1.04 | ||||||||||||||||
Short-Term Bond Fund | I Shares | 1,000.00 | 1,022.20 | 2.89 | 0.57 | |||||||||||||||
A Shares | 1,000.00 | 1,021.20 | 3.95 | 0.78 | ||||||||||||||||
C Shares | 1,000.00 | 1,017.20 | 7.89 | 1.56 |
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ADDITIONAL INFORMATION (concluded)
RIDGEWORTH FUNDS September 30, 2013
(Unaudited)
Fund | Class | Beginning Account Value 04/01/13 | Ending Account Value 09/30/13 | Expenses Paid During Period* 04/01/13-09/30/13 | Expense Ratio During Period** 04/01/13-09/30/13 | |||||||||||||||
Short-Term Municipal Bond Fund | I Shares | $1,000.00 | $1,022.30 | $2.79 | 0.55 | % | ||||||||||||||
A Shares | 1,000.00 | 1,021.60 | 3.50 | 0.69 | ||||||||||||||||
Short-Term U.S. Treasury Securities Fund | I Shares | 1,000.00 | 1,022.30 | 2.79 | 0.55 | |||||||||||||||
A Shares | 1,000.00 | 1,021.40 | 3.70 | 0.73 | ||||||||||||||||
C Shares | 1,000.00 | 1,020.70 | 4.41 | 0.87 | ||||||||||||||||
Total Return Bond Fund | I Shares | 1,000.00 | 1,023.00 | 2.08 | 0.41 | |||||||||||||||
A Shares | 1,000.00 | 1,021.70 | 3.45 | 0.68 | ||||||||||||||||
R Shares | 1,000.00 | 1,020.00 | 5.11 | 1.01 | ||||||||||||||||
Ultra-Short Bond Fund | I Shares | 1,000.00 | 1,023.40 | 1.67 | 0.33 | |||||||||||||||
U.S. Government Securities Fund | I Shares | 1,000.00 | 1,021.40 | 3.70 | 0.73 | |||||||||||||||
A Shares | 1,000.00 | 1,020.30 | 4.81 | 0.95 | ||||||||||||||||
C Shares | 1,000.00 | 1,019.30 | 5.82 | 1.15 | ||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | I Shares | 1,000.00 | 1,023.20 | 1.93 | 0.38 | |||||||||||||||
Virginia Intermediate Municipal Bond Fund | I Shares | 1,000.00 | 1,022.20 | 2.94 | 0.58 | |||||||||||||||
A Shares | 1,000.00 | 1,021.40 | 3.70 | 0.73 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days (183) in the most recent fiscal half-year divided by the number of days in the fiscal year (365). |
** | Annualized. |
Proxy Voting Information
Information regarding the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request, by calling 1-888-784-3863. The information also is included in the Funds’ Statement of Additional Information, which is available on the Funds’ website at www.ridgeworth.com and on the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov.
Information relating to how each Fund voted proxies relating to portfolio securities held during the most recent twelve months ended June 30 is available on the Funds’ website at www.ridgeworth.com and on the SEC’s website at www.sec.gov.
Quarterly Portfolio Holdings Information
The Funds file their complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Funds’ Forms N-Q are available free of charge on the SEC’s website at www.sec.gov. You may also review or, for a fee, copy those documents by visiting the SEC’s Public Reference Room in Washington, D.C. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330.
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INVESTMENT ADVISER:
RidgeWorth Investments®
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.ridgeworth.com
INVESTMENT SUBADVISERS:
Seix Investment Advisors LLC
10 Mountainview Road, Suite C-200
Upper Saddle River, New Jersey 07458
www.seixadvisors.com
StableRiver Capital Management LLC
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.stableriver.com
This information must be preceded or accompanied by a current prospectus for each Fund described. An investor should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about RidgeWorth Funds can be found in the Fund’s prospectus. For additional information, please call 1-888-784-3863, or visit www.ridgeworth.com. Please read the prospectus carefully before investing.
DISTRIBUTOR:
RIDGEWORTH DISTRIBUTORS LLC
Not FDIC Insured • No Bank Guarantee • May Lose Value
RFSAR-FI-0913
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Item 2. | Code of Ethics. |
Not applicable.
Item 3. | Audit Committee Financial Expert. |
Not applicable.
Item 4. | Principal Accountant Fees and Services. |
Not applicable.
Item 5. | Audit Committee of Listed Registrants. |
Not applicable.
Item 6. | Schedule of Investments. |
(a) | Schedule of Investments is included as a part of the reports to shareholders filed under Item 1 of this Form N-CSR. |
(b) | Not applicable. |
Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |
Not applicable.
Item 8. | Portfolio Managers of Closed-End Investment Companies. |
Not applicable.
Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. |
Not applicable.
Item 10. | Submission of Matters to a Vote of Security Holders. |
The Board of Trustees has not adopted formal procedures by which shareholders may recommend nominees to the Board of Trustees.
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Item 11. | Controls and Procedures. |
(a) The registrant’s principal executive officer and principal financial officer have concluded, based on their evaluation of the registrant’s disclosure controls and procedures as conducted within 90 days of the filing date of this report, that these disclosure controls and procedures are adequately designed and are operating effectively to ensure that information required to be disclosed by the registrant on Form N-CSR is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
(b) There were no changes in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that have materially affected or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 12. | Exhibits. |
(a) | (1) | Not applicable. | ||
(2) | The certifications required by Rule 30a-2(a) of the 1940 Act are attached hereto. | |||
(3) | Not applicable. | |||
(b) | The certifications required by Rule 30a-2(b) of the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
RIDGEWORTH FUNDS | ||
By: | /s/ Julia R. Short | |
Julia R. Short | ||
President |
Date: | November 27, 2013 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Julia R. Short | |
Julia R. Short | ||
President |
Date: | November 27, 2013 |
By: | /s/ Denise R. Lewis | |
Denise R. Lewis | ||
Treasurer |
Date: | November 27, 2013 |