40-17F2 1 l37294ae40v17f2.htm 40-17F2 e40v17f2
     
 
OMB APPROVAL
 
 
OMB Number: 3235-0360
 
 
Expires: April 30, 2012
 
 
Estimated average burden hours per response...2.0
 
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-17f-2
Certificate of Accounting of Securities and Similar
Investment in the Custody of
Management Investment Companies
Pursuant to Rule 17f-2 [17 CFR 270.17f-2]
                     
 
1.  Investment Company Act File Number:
  Date examination completed
 
                   
          811-06557
  June 20, 2008
 
2.  State identification Number: N/A
 
AL
  AK   AZ   AR   CA   CO
 
CT
  DE   DC   FL   GA   HI
 
ID
  IL   IN   IA   KS   KY
 
LA
  ME   MD   MA   MI   MN
 
MS
  MO   MT   NE   NV   NH
 
NJ
  NM   NY   NC   ND   OH
 
OK
  OR   PA   RI   SC   SD
 
TN
  TX   UT   VT   VA   WA
 
WV
  WI   WY   PUERTO RICO             
 
       Other (specify):
 
3.  Exact name of investment company as specified in representation statement:
 
                   
          RidgeWorth Funds
 
 
                   
 
4.  Address of principal executive office (number, street, city, state, zip code):
 
                   
          3435 Stelzer Road, Columbus, Ohio 43219-8001
 


 

(RIDGEWORTH LOGO)
Management Statement Regarding Compliance with Certain Provisions of the Investment
Company Act of 1940
We, as members of management of RidgeWorth Funds (the “Funds”), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, Custody of Investments by Registered Management Investment Companies, of the Investment Company Act of 1940. We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Funds’ compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of June 20, 2008, and from March 31, 2008 through June 20, 2008.
Based on this evaluation, we assert that the Funds were in compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of June 20, 2008, and from March 31, 2008 through June 20, 2008, with respect to securities reflected in the investment accounts of the Funds.
RidgeWorth Funds
         
By:
  /s/ Julia Short
 
Julia Short
   
 
  President and Chief Executive Officer    
 
       
 
  07/31/2009    
 
 
 
Date
   
 
       
By:
  /s/ Martin R. Dean
 
Martin R. Dean
   
 
  Treasurer and Chief Financial Officer    
 
       
 
  07/30/2009    
 
 
 
Date
   


 

(PRICEWATERHOUSECOOPERS LOGO)
       
       
 
     
 
    PricewaterhouseCoopers LLP
 
    41 South High Street
 
    Suite 2500
 
    Columbus, OH 43215
 
    Telephone (614) 225 8700
 
    Facsimile (614) 224 1044
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of
RidgeWorth Funds:
We have examined management’s assertion, included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940, that RidgeWorth Funds (consisting of Aggressive Growth Stock Fund, Emerging Growth Stock Fund, Large Cap Core Equity Fund, Large Cap Growth Stock Fund, Large Cap Quantitative Equity Fund, Large Cap Value Equity Fund, Mid-Cap Core Equity Fund, Mid-Cap Value Equity Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund, Small Cap Value Equity Fund, Georgia Tax-Exempt Bond Fund, High Grade Municipal Bond Fund, High Income Fund, Intermediate Bond Fund, Investment Grade Bond Fund, Investment Grade Tax-Exempt Bond Fund, Limited Duration Fund, Limited-Term Federal Mortgage Securities Fund, Maryland Municipal Bond Fund, North Carolina Tax-Exempt Bond Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, Short-Term 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, Virginia Intermediate Municipal Bond Fund, Prime Quality Money Market Fund, Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund, Virginia Tax-Free Money Market Fund, Institutional Municipal Cash Reserve Money Market Fund, Institutional U.S. Government Securities Money Market Fund, Institutional U.S. Treasury Securities Money Market Fund, Life Vision Aggressive Growth Fund, Life Vision Conservative Fund, Life Vision Growth and Income Fund, Life Vision Moderate Growth Fund, Life Vision Target Date 2015 Fund, Life Vision Target Date 2025 Fund, and Life Vision Target Date 2035 Fund, separately managed portfolios of RidgeWorth Funds) (collectively referred to as the “Funds”) complied with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 (“the Act”) as of June 20, 2008. Management is responsible for the Funds’ compliance with those requirements. Our responsibility is to express an opinion on management’s assertion about the Funds’ compliance based on our examination.
Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Funds’ compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of June 20, 2008, and with respect to agreement of security purchases and sales, for the period from March 31, 2008 (the date of our last examination), through June 20, 2008:
    Count and inspection of all securities located in the vault of SunTrust Bank in Atlanta, Georgia without prior notice to management;
 
    For all securities shown on the safekeeping reports of SunTrust Bank as of June 20, 2008 which were designated as being held in book entry form by depositories (which were limited to securities owned by the Funds), we confirmed the omnibus positions in all such securities with those depositories (Federal Reserve Bank and the Depository Trust Company). For a sample of securities on the safekeeping reports of SunTrust Bank designated as being held by those depositories, obtained a detailed account listing of all SunTrust accounts holding the security selected in our sample and (1) agreed SunTrust’s total position in the selected security per the detailed listing to the omnibus position in the selected security per the depository and (2) agreed the fund’s position in the selected security per the detailed account listing to the safekeeping reports.;

 


 

(PRICEWATERHOUSECOOPERS LOGO)
    For all investments shown on the safekeeping reports of SunTrust Bank for the Life Vision Aggressive Growth Fund, Life Vision Conservative Fund, Life Vision Growth and Income Fund, Life Vision Moderate Growth Fund, Life Vision Target Date 2015 Fund, Life Vision Target Date 2025 Fund and Life Vision Target Date 2035 Fund as of June 20, 2008 which were designated as being held by the transfer agent, we confirmed the investments with the transfer agent.
 
    Confirmation of all securities out for transfer with brokers, or alternative procedures;
 
    Reconciliation of all such securities to the books and records of the Funds and the Custodian;
 
    Confirmation of all repurchase agreements with brokers/banks and agreement of underlying collateral with SunTrust records; and
 
    Agreement of 45 security purchases and 45 security sales or maturities since our last report from the books and records of the Funds to broker confirmations.
We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Funds’ compliance with specified requirements.
In our opinion, management’s assertion that RidgeWorth Funds complied with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of June 20, 2008 with respect to securities reflected in the investment account of the Funds is fairly stated, in all material respects.
This report is intended solely for the information and use of management and the Board of Trustees of RidgeWorth Funds and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.
/s/ PricewaterhouseCoopers LLP
July 29, 2009