RidgeWorth Funds N-CSR

David H. Eidson

Ashi Parikh

Chairman and CEO

President and CIO

RidgeWorth Capital Management, Inc.

RidgeWorth Capital Management, Inc.

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)


Citi Fund Services Ohio, Inc., 3435 Stelzer Road Columbus, Ohio		43219

(Address of principal executive offices)		(Zip code)


Citi Fund Services Ohio, Inc., 3435 Stelzer Road Columbus, Ohio		43219

(Name and address of agent for service)


Registrant’s telephone number, including area code:		614-470-8000


Date of fiscal year end:		03/31


Date of reporting period:		03/31/2008

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Reports to Stockholders.

LETTER TO SHAREHOLDERS
March 31, 2008

Dear Valued RidgeWorth Funds Shareholder,

The first quarter 2008 was challenging for the economy and difficult for the markets, which prompted an aggressive monetary and fiscal policy response. Growth slowed, economic and financial headwinds intensified, and investors became considerably more risk averse. The domestic S&P 500 index lost nearly 9.5% and the international MSCI EAFE stock index fell almost 9%. Bond returns, as measured by the Lehman Aggregate Bond Index, gained a bit over 2% during the period, but sector performance varied greatly.

Economic momentum deteriorated during the quarter with much of the pressure falling on the consumer. Incomes were pressured by a drop in jobs and a rise in the unemployment rate, while spending was hampered by higher food and energy prices as well as a further deterioration in the housing market and tighter credit conditions. The bright spot for the U.S. economy was strong growth in exports, which now represent over 12.5% of aggregate activity. Headline inflation moved higher as a result of increased commodity costs and the value of the dollar continued its slide.

The weakening economy prompted an aggressive and innovative monetary and fiscal policy response, not unlike the cavalry riding to the rescue in the old western movies. The Federal Reserve supplemented its traditional rate cutting actions with the creation of expanded lending facilities designed to provide much-needed liquidity to the troubled mortgage markets. Moreover, domestic monetary policy moves to increased liquidity were coordinated with foreign central banks. On the fiscal policy front, the President proposed and the Congress passed a $168 billion short term stimulus package.

The economic slowdown hit all sectors of the stock market in the first quarter but especially Technology, Financials, Telecom and Health Care. Commodity-linked and less cyclical stocks such as Consumer Staples and Materials experienced more moderate declines. Large-Cap and International stocks enjoyed relative outperformance, while Emerging Market equities and the Growth style lagged. Stock selection was particularly difficult in the first quarter with roughly two-thirds of Large-Cap money managers underperforming against their respective benchmark.

The sharp drop in short-term interest rates by the Fed helped continue the rally in bond aggregates, but credit quality and liquidity concerns prompted a flight to high quality Treasury bonds and away from Corporate and High Yield bonds. Investment-Grade Corporate bonds underperformed Treasuries by over 4.5% in the first quarter while High Yield bonds lagged Treasuries by nearly 7.5%. Municipal bonds were also caught up in the wave of illiquidity related to auction rate preferred market and declined 0.6%.

Looking ahead, economic growth could remain sluggish over the near term. However, the average length of recessions in the post-war era is ten months, and the consensus is that this current soft patch will be relatively shallow. Perhaps more importantly for investors, the equity markets have already discounted much if not all of the current weakness during the past two quarters, and the foundation for the next equity upturn is being laid. Market valuations are reasonable on an absolute basis and inexpensive relative to bonds. In the fixed-income markets, credit spreads widened dramatically from excessively narrow levels and are near historic highs.

The Federal Reserve cut short-term interest rates sharply, developed new and innovative ways to add liquidity to the system, and committed to taking additional steps as needed to restoring market vitality. The yield curve is significantly steeper. Congress passed a near-term stimulus package due to take effect in the second quarter and is working on legislation to provide direct support to the housing market. In addition, while much of the media attention is focused on Financials, overall corporate share buybacks are at an all time high, cash on corporate balance sheets relative to GDP¹ is at the second highest level since the early 1950’s, and many corporations don’t depend on these newly troubled types of financing. These conditions and developments argue for improving market performance as the year unfolds.

We stressed maintaining portfolio quality over the past several quarters while optimism was excessive and downside risks were elevated. The first quarter was challenging on a number of fronts, but our emphasis on quality helped dampen the impact of a difficult market. Now we believe that opportunities are emerging from that period of stress that will help build long term wealth. We have the depth and breadth of experience and resources in asset allocation and portfolio construction to help you achieve your goals.

We close this letter, as always, with thanks to you our valued client. We appreciate your support and look forward to continuing to serve you.

Sincerely,


¹		The monetary value of all the goods and services produced by an economy over a specified period. It includes consumption, government purchases, investments, and exports minus imports.

INSTITUTIONAL CASH MANAGEMENT MONEY MARKET FUND
Portfolio Manager(s)

•		Michael G. Sebesta, CFA

•		E. Dean Speer, CFA, CPA

•		Kimberly C. Maichle, CFA

•		Sonny Surkin

•		J.P. Yarusinski, CFA

Investment Concerns

An investment in the Fund is not insured or guaranteed by the FDIC or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund reacted to the disruptions in credit markets and a slowdown in economic growth by assuming a more conservative stance and emphasizing liquidity and non-financial exposure. Over the period, the Federal Reserve (the “Fed”) responded to the slowing economy by aggressively easing interest rates by 300 basis points (3.00%). That aggressive easing by the Fed ultimately had an impact on the Fund that resulted in driving yields lower.

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Fed will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We believe the portfolio will be structured to benefit from stabilization in rates and an eventual steepening of the LIBOR¹ curve by increasing the allocation to monthly and quarterly LIBOR based floaters.²


¹		LIBOR is an interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. The LIBOR is fixed on a daily basis by the British Bankers’ Association. The LIBOR is derived from a filtered average of the world’s most creditworthy banks’ interbank deposit rates for larger loans with maturities between overnight and one full year.

Yields and Maturity Distribution


	Institutional
Yields (as of March 31, 2008)	Shares
7 Day Average Yield		2.95	%
7 Day Effective Yield		2.99	%
30 Day Average Yield		3.15	%

Investment performance reflects voluntary and contractual fee waivers in effect. Voluntary fee waivers may be discontinued at any time. However, for the period ended March 31, 2008, the yields were not materially affected.

The yield quotation more closely reflects the current earnings of the Fund than the total return.

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. To obtain performance information current to the most recent month end, visit our website at www.ridgeworthfunds.com.

INSTITUTIONAL MUNICIPAL CASH RESERVE MONEY MARKET FUND

Portfolio Manager(s)

•		Michael G. Sebesta, CFA

•		Greg Hallman

•		Chris Carter, CFA

Investment Concerns

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund managers reacted to the disruptions in credit markets and a slowdown in economic growth by assuming a more conservative stance and emphasizing liquidity and high quality tax-exempt securities and liquidity providers. During this period, the Federal Reserve (the “Fed”) responded to the slowing economy by aggressively easing interest rates by 300 basis points (3.00%). That aggressive easing by the Fed ultimately had an impact on the Fund that resulted in driving yields lower.

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Fed will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We believe the portfolio is structured to benefit from stabilization in rates and an eventual steepening of the short term yield curve by increasing the allocation to slightly longer dated municipal securities.

Yields and Maturity Distribution


	Institutional
Yields (as of March 31, 2008)	Shares
7 Day Average Yield		1.91	%
7 Day Effective Yield		1.92	%
30 Day Average Yield		2.27	%

Investment performance reflects voluntary and contractual fee waivers in effect. Voluntary fee waivers may be discontinued at any time. In absence of such fee waivers, yield would be reduced and the 7 Day Average Yield, 7 Day Effective Yield and the 30 Day Average Yield would have been 1.90%, 1.91% and 2.26%, respectively.

The yield quotation more closely reflects the current earnings of the Fund than the total return.

INSTITUTIONAL U.S. GOVERNMENT SECURITIES MONEY MARKET FUND

Portfolio Manager(s)


• Michael G. Sebesta, CFA

• E. Dean Speer, CFA, CPA

• Kimberly C. Maichle, CFA

• Sonny Surkin

• J.P Yarusinski.CFA

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Credit markets during the period were impacted dramatically during the period as write-downs on mortgage holdings rippled through the financial community. This combined with a general slowing in economic growth provoked the Federal Reserve the (“Fed”) to embark on a series of aggressive interest rate cuts that took the target rate from 5.25% to 2.25% at period end. During the period the Fund emphasized liquidity and worked to maximize liquidity by lengthening the weighted average maturity.

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Fed will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We see opportunity in floating rate agencies priced off one month and quarterly LIBOR¹ as well as callable securities due to increased volatility and will position the Fund accordingly.²

¹ LIBOR is an interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. The LIBOR is fixed on a daily basis by the British Bankers’ Association. The LIBOR is derived from a filtered average of the world’s most creditworthy banks’ interbank deposit rates for larger loans with maturities between overnight and one full year.

Yields and Maturity Distribution


	Institutional
Yields (as of March 31, 2008)	Shares
7 Day Average Yield		2.37	%
7 Day Effective Yield		2.39	%
30 Day Average Yield		2.73	%

Investment performance reflects voluntary and contractual fee waivers in effect. Voluntary fee waivers may be discontinued at any time. In absence of such fee waivers, yield would be reduced and the 7 Day Average Yield and the 7 Day Effective Yield would have been 2.36% and 2.38%, respectively. The 30 Day Yield was not materially affected.

The yield quotation more closely reflects the current earnings of the Fund than the total return.

INSTITUTIONAL U.S. TREASURY SECURITIES MONEY MARKET FUND

Portfolio Manager(s)


• Michael G. Sebesta, CFA

• E. Dean Speer, CFA, CPA

• Kimberly C. Maichle, CFA

• Sonny Surkin

• J.P. Yarusinski, CFA

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Credit markets during the period were impacted dramatically during the period as write-downs on mortgage holdings rippled through the financial community. This combined with a general slowing in economic growth provoked the Federal Reserve to embark on a series of aggressive interest rate cuts that took the target rate from 5.25% to 2.25% at period end. During the period the Fund emphasized liquidity.

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Federal Reserve will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We anticipate continued volatility in the Treasury bill and Repurchase markets and will position the Fund accordingly to help capture opportunities as they present themselves.¹

Yields and Maturity Distribution


	Institutional			Corporate Trust
Yields (as of March 31, 2008)	Shares			Shares
7 Day Average Yield		1.05	%		0.80	%
7 Day Effective Yield		1.05	%		0.80	%
30 Day Average Yield		1.55	%		1.32	%

Investment performance reflects voluntary and contractual fee waivers in effect. Voluntary fee waivers may be discontinued at any time. In absence of such fee waivers, yield would be reduced and the 7 Day Average Yield, 7 Day Effective Yield, and the 30 Day Average Yield would have been 1.04%, 1.04% and 1.54% (Institutional Shares) and 0.79%, 0.79% and 1.31% (Corporate Trust Shares), respectively.

The yield quotation more closely reflects the current earnings of the Fund than the total return.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Institutional Cash Management Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
Certificates of Deposit (8.5%)
Banks (6.0%)
Banco Santander, 2.910%, 06/10/08		20,000		20,013
Canadian Imperial Bank NY, 3.915%, 04/22/08		15,000		15,006
Canadian Imperial Bank NY, 2.410%, 06/09/08(a)		40,000		40,000
Citibank N.A., 3.020%, 05/20/08		30,000		30,000
Nordea Bank AB, 4.820%, 10/17/08		30,000		30,198
PNC Bank N.A., 2.634%, 01/27/09(a)		15,000		14,967
Svenska Handelsbanken AB, 3.790%, 04/18/08		25,000		25,000
Toronto-Dominion Bank, 2.900%, 08/20/08		20,000		20,001
Toronto-Dominion Bank, 2.640%, 09/15/08		20,000		20,001
Wachovia Bank N.A., 4.653%, 01/12/09(a)		30,000		30,000

				245,186

Diversified Financial Services (2.5%)
Branch Banking and Trust Co., 2.485%, 04/24/08		30,000		30,000
HBOS Treasury Services PLC, 5.330%, 05/30/08		20,000		20,070
HBOS Treasury Services PLC, 5.450%, 06/16/08		23,000		23,122
Regions Financial Corp., 4.250%, 04/09/08		30,000		30,000

				103,192

Total Certificates of Deposit				348,378

Commercial Paper (63.4%)
Banks (18.8%)
Abbey National PLC, 3.746%, 04/17/08(b)		35,000		34,942
ABN AMRO Bank N.V., 3.038%, 05/13/08(b)		30,000		29,894
Australia & New Zealand National Ltd., 5.341%, 04/14/08(b)(c)		30,000		29,944
Australia & New Zealand National Ltd., 5.433%, 06/12/08(b)(c)		35,000		34,640
Banco Santander Central Hispano SA, 3.085%, 06/30/08(b)		35,000		34,734
Bank of Ireland, 3.805%, 04/15/08(b)(c)		20,000		19,971
Bank of Ireland, 3.051%, 05/08/08(b)(c)		15,000		14,953
Bank of Ireland, 4.525%, 06/02/08(b)(c)		30,000		29,771
Bank of Nova Scotia, 3.860%, 04/16/08		35,000		35,000
Bank of Nova Scotia, 2.950%, 05/05/08		25,000		25,000
Bank of Nova Scotia, 2.880%, 02/25/09		20,000		20,000
Danske Bank, 2.942%, 04/03/08(b)(c)		30,000		29,995
Danske Bank, 2.703%, 05/12/08(b)(c)		25,000		24,923
Danske Bank, 2.638%, 06/27/08(b)(c)		20,000		19,873
DnB Nor Bank ASA, 4.296%, 04/09/08(b)(c)		30,000		29,972
DnB Nor Bank ASA, 2.660%, 05/15/08(b)(c)		30,000		29,903
DnB Nor Bank ASA, 2.939%, 07/15/08(b)(c)		20,000		19,831
HSBC USA, Inc., 4.348%, 04/09/08(b)		20,000		19,981
HSBC USA, Inc., 2.955%, 06/04/08(b)		20,000		19,896
Lloyds TSB Bank PLC, 2.506%, 06/24/08(b)		30,000		29,826
Lloyds TSB Bank PLC, 2.803%, 07/01/08(b)		25,000		24,825
Royal Bank of Canada, 2.911%, 06/04/08(b)		30,000		29,846
Royal Bank of Scotland, 4.633%, 04/28/08(b)		35,000		34,880
Royal Bank of Scotland, 2.992%, 05/27/08(b)		30,000		29,861
Skandinaviska Enskilda Banken AB, 3.857%, 04/15/08(b)(c)		30,000		29,955
Skandinaviska Enskilda Banken AB, 3.779%, 05/19/08(b)(c)		30,000		29,851
Skandinaviska Enskilda Banken AB, 2.727%, 06/17/08(b)(c)		29,000		28,832
Toronto-Dominion Bank, 3.640%, 06/17/08(b)(c)		30,000		29,770

				770,869

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Institutional Cash Management Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Consumer Discretionary (1.7%)
Procter & Gamble Co., 2.638%, 04/18/08(b)(c)		35,000		34,956
United Parcel Service, Inc., 5.096%, 07/30/08(b)(c)		35,000		34,434

				69,390

Diversified Financial Services (37.3%)
Alcon Capital Corp., 2.910%, 04/25/08(b)(c)		25,000		24,952
Alcon Capital Corp., 2.728%, 05/05/08(b)(c)		25,000		24,936
Alcon Capital Corp., 2.671%, 06/16/08(b)(c)		25,000		24,860
Allianz Finance Corp., 2.806%, 04/07/08(b)(c)		25,000		24,988
Allianz Finance Corp., 2.661%, 05/21/08(b)(c)		20,000		19,926
American Honda Finance Corp., 2.825%, 04/21/08(b)		25,000		24,961
ASB Financial Corp., 3.120%, 04/09/08(b)(c)		25,000		24,983
ASB Financial Corp., 3.060%, 07/09/08(b)(c)		20,000		19,834
BMW US Capital LLC, 2.864%, 04/03/08(b)(c)		25,000		24,996
BP Capital, 4.548%, 04/30/08(b)(c)		40,000		39,857
CBA Finance, 2.668%, 06/26/08(b)		20,000		19,873
Dexia Delaware LLC, 2.540%, 04/01/08(b)		30,000		30,000
Dexia Delaware LLC, 3.073%, 05/27/08(b)		20,598		20,500
Dexia Delaware LLC, 2.576%, 06/20/08(b)		20,000		19,886
Dresdner US Financial, 2.880%, 04/01/08(b)		30,000		30,000
Fortis Funding, 2.636%, 04/25/08(b)(c)		30,000		29,947
Fountain Square Commercial Funding Corp., 3.460%, 04/03/08(b)(c)		30,000		29,994
General Electric Capital Corp., 4.950%, 04/14/08(b)		30,000		29,948
Goldman Sachs Group, Inc., 2.324%, 04/16/08(b)		20,000		19,981
Goldman Sachs Group, Inc., 4.332%, 05/01/08(b)		35,000		34,876
Greenwich Capital Markets, Inc., 4.355%, 05/13/08(b)		35,000		34,825
IBM Credit Corp., 2.180%, 06/02/08(b)(c)		20,630		20,553
ING (US) Funding LLC, 3.006%, 04/04/08(b)		25,000		24,994
ING (US) Funding LLC, 3.004%, 04/11/08(b)		30,000		29,975
ING (US) Funding LLC, 2.607%, 04/30/08(b)		20,000		19,958
International Lease Finance Corp., 2.886%, 04/08/08(b)		20,000		19,989
International Lease Finance Corp., 2.518%, 05/09/08(b)		20,000		19,947
International Lease Finance Corp., 3.057%, 06/11/08(b)		20,000		19,881
Intesa Funding LLC, 2.536%, 06/18/08(b)		20,000		19,891
John Deere Capital Corp., 2.406%, 04/23/08(b)(c)		25,642		25,604
John Deere Capital Corp., 2.229%, 05/23/08(b)(c)		20,000		19,936
JPMorgan Chase & Co., 2.799%, 06/02/08(b)		20,000		19,904
Lehman Brothers Holdings, Inc., 3.058%, 04/03/08(b)(c)		30,000		29,995
Lehman Brothers Holdings, Inc., 3.082%, 06/05/08		30,000		29,835
Morgan Stanley, 3.053%, 09/02/08(b)		25,000		24,679
National Australian Funding, 2.461%, 05/28/08(b)(c)		20,000		19,922
National Australian Funding, 2.403%, 06/06/08(b)(c)		30,000		29,869
Nestle Capital Corp., 2.722%, 05/23/08(b)(c)		20,000		19,922
New York Life Insurance Capital Corp., 2.807%, 04/04/08(b)(c)		30,000		29,993
New York Life Insurance Capital Corp., 2.276%, 05/07/08(b)(c)		30,516		30,447
Nordea North America, Inc., 2.490%, 04/01/08(b)		30,000		30,000
Nordea North America, Inc., 2.465%, 06/12/08(b)		30,000		29,853
Novartis Finance, 2.250%, 04/01/08(b)(c)		30,000		30,000
Old Line Funding Corp., 3.229%, 04/03/08(b)(c)		25,000		24,996

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Institutional Cash Management Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

Rabobank USA Financial Corp, 2.490%, 04/01/08(b)		30,000		30,000
Rabobank USA Financial Corp, 2.395%, 04/17/08(b)		25,000		24,973
Rabobank USA Financial Corp, 2.688%, 06/02/08(b)		25,000		24,885
San Paolo-IMI US Financial Co., 4.510%, 04/02/08(b)		25,000		24,997
San Paolo-IMI US Financial Co., 3.867%, 04/15/08(b)		30,000		29,955
Siemens Capital Co. LLC, 2.818%, 05/05/08(b)(c)		20,000		19,947
Societe Generale N.A., 3.949%, 04/15/08(b)		20,135		20,104
Swiss Re Financial Products Corp., 2.969%, 04/28/08(b)(c)		20,000		19,956
Swiss Re Financial Products Corp., 2.995%, 08/27/08(b)(c)		5,000		4,939
UBS Finance Delaware LLC, 5.341%, 04/07/08(b)		50,000		49,954
UBS Finance Delaware LLC, 2.988%, 06/03/08(b)		30,000		29,844
Variable Funding Capital Corp., 3.025%, 04/01/08(b)(c)		20,000		20,000
Wal-Mart Funding Corp., 2.704%, 04/16/08(b)(c)		40,000		39,955
Westpac Securitization Trust, 3.094%, 05/05/08(b)(c)		25,000		24,928
Westpac Securitization Trust, 3.812%, 04/04/08(b)(c)		28,100		28,091
Westpac Securitization Trust, 3.813%, 04/07/08(b)(c)		10,000		9,994

				1,526,788

Health Care (2.4%)
AstraZeneca PLC, 2.565%, 03/13/09(b)(c)		20,000		19,520
AstraZeneca PLC, 2.221%, 08/26/08(b)(c)		19,880		19,701
Pfizer, Inc., 2.597%, 06/05/08(b)(c)		20,000		19,907
Pfizer, Inc., 2.738%, 08/06/08(b)(c)		40,000		39,619

				98,747

Industrials (0.6%)
Illinois Tool Works, Inc., 2.686%, 04/04/08(b)		25,000		24,994

Information Technology (0.9%)
IBM International Group, 2.624%, 04/01/08(b)(c)		23,075		23,075
IBM International Group, 2.679%, 04/16/08(b)(c)		13,000		12,986

				36,061

Utilities (1.7%)
Southern Co., 2.706%, 04/10/08(b)(c)		13,900		13,891
Southern Co., 2.254%, 04/18/08(b)(c)		35,600		35,562
Southern Co., 2.255%, 05/07/08(b)(c)		20,000		19,955

				69,408

Total Commercial Paper				2,596,257

Corporate Bonds (13.7%)
Banks (6.3%)
Bank of Nova Scotia, 2.600%, 09/26/08		29,000		29,002
Fortis Bank NY, 2.700%, 06/26/08		30,000		30,001
Lloyds TSB Group PLC, 2.968%, 09/06/08(a)(c)		35,000		34,991
PNC Bank N.A., 2.664%, 12/29/08(a)		35,000		34,925
U.S. Bank N.A., 2.880%, 05/23/08		20,000		20,000
U.S. Bank N.A., 2.740%, 08/19/08		40,000		40,000
Wachovia Corp., 6.250%, 08/04/08		10,145		10,243
Wells Fargo Bank N.A., 2.730%, 04/10/08		30,000		30,000
Wells Fargo Bank N.A., 2.530%, 04/29/08		30,000		30,000

				259,162

Diversified Financial Services (7.4%)
American Express Credit Corp., Ser B, 2.890%, 06/13/08, MTN(a)		35,000		34,988
American Honda Finance Corp., 2.818%, 04/02/09, MTN(a)(c)		20,000		20,000
Caterpillar Financial Services Corp., Ser F, 3.068%, 09/10/08, MTN(a)		40,000		39,961
Credit Suisse (USA), Inc., 3.875%, 01/15/09		10,000		10,042
General Electric Capital Corp., Ser A, 3.125%, 04/01/09, MTN		20,000		20,079

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Institutional Cash Management Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

Goldman Sachs Group, Inc., Ser A, 6.500%, 02/25/09, MTN		13,890		14,310
John Deere Capital Corp., Ser D, 2.901%, 12/12/08, MTN(a)		30,000		29,998
JPMorgan Chase & Co., Ser C, 4.789%, 04/01/08, MTN(a)		65,400		65,400
Procter & Gamble International Funding SCA, 3.140%, 02/19/09(a)		25,000		25,000
Toyota Motor Credit Corp., 2.460%, 02/12/09, MTN(a)		40,000		40,000

				299,778

Total Corporate Bonds				558,940

Promissory Note (2.1%)
SunTrust Banks, Inc. Promissory Note, 3.058%, 06/30/08(a)(d)		85,000		85,000

Total Promissory Note				85,000

Mortgage Backed Security (0.2%)
Diversified Financial Services (0.2%)
World Omni Auto Receivables Trust, Ser 2008-A A1, 2.922%, 03/16/09		10,001		10,001

Total Mortgage Backed Security				10,001

U.S. Government Agencies (1.7%)
Fannie Mae (0.6%)
5.006%, 07/25/08(b)		25,000		24,619

Federal Home Loan Bank (0.3%)
5.056%, 04/29/08		5,000		4,981
4.452%, 09/29/08		3,000		2,936
4.125%, 11/14/08		2,000		1,950

				9,867

Freddie Mac (0.8%)
2.814%, 07/21/08(b)		35,000		34,700

Total U.S. Government Agencies				69,186

Master Notes (2.6%)
Banks (2.6%)
Bank of America Corp., 3.100%(a)(e)		105,001		105,001

Total Master Notes				105,001

Municipal Bond (0.0%)
Virginia (0.0%)
Newport News Economic Development Authority, Ship Building Project, Ser A, RB, 3.170%, 07/01/31, LOC:
Wachovia Bank N.A.(a)		41		41

Total Municipal Bond				41

Time Deposits (8.3%)
Banks (8.3%)
Barclays Bank, 2.720%(a)		128,288		128,287
BNP Paribas, 2.500%(a)		16,360		16,360
Calyon, 3.000%(a)		195,036		195,036

Total Time Deposits				339,683

Short-Term Investments (0.0%)
Brown Brothers Harriman & Co., Cayman Islands Cash Sweep(a)		2,974		2,974

Total Short-Term Investments				2,974

Total Investments (Cost $4,115,461)(f) — 100.5%				4,115,461
Liabilities in excess of other assets — (0.5)%				(20,001	)

Net Assets — 100.0%			$	4,095,460


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rate represents the effective yield at purchase.

(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 35.8% of net assets as of March 31, 2008.

(d)		Affiliate investment. The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees.

(e)		Perpetual maturity.

(f)		Aggregate cost for federal income tax and financial reporting purposes is the same.

LOC		— Letter of Credit

MTN		— Medium Term Note

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Institutional Municipal Cash Reserve Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (70.7%)
California (0.8%)
California Pollution Control Financing Authority Exempt Facilities, ExxonMobil Project, RB, AMT, 1.170%, 12/01/29, LOC: Exxon Mobil Corp.(a)		1,000		1,000

Colorado (5.7%)
Colorado Housing & Finance Authority, Multifamily Project, RB, AMT, 2.350%, 04/01/45, FHLB(a)		4,000		4,000
Denver City & County Airport, Ser C, RB, AMT, 2.400%, 11/15/25, LOC:
Lloyds TSB Bank PLC(a)		3,450		3,450

				7,450

Florida (2.7%)
Alachua County Housing Finance Authority Multifamily, University Cove Apartments Project, RB, AMT, 2.350%, 06/15/34, FNMA(a)		3,510		3,510

Georgia (9.1%)
Dekalb, Newton & Gwinnett Counties Joint Development Authority, GGC Real Estate Package I LLC, RB, 2.150%, 06/01/32, LOC:
Wachovia Bank N.A.(a)		1,120		1,120
Dekalb, Newton & Gwinnett Counties Joint Development Authority, GPC Real Estate Student I, RB, 2.150%, 06/01/35, LOC:
Wachovia Bank N.A.(a)		1,910		1,910
Fulton County Housing Authority, Concorde Place Apartments Project, Ser A, RB, AMT, 6.375%, 01/01/27, Prerefunded 07/01/08 @ 100		4,000		4,018
Gwinnett County Water & Sewerage Authority, RB, 5.000%, 08/01/12, Prerefunded 08/01/08 @ 102, County Guaranteed		2,000		2,062
Valdosta City School System, GO, 5.000%, 02/01/09, State Aid Withholding		1,790		1,836
Valdosta-Lowndes County Industrial Development Authority, Martins Famous Pastry, Ser A, RB, AMT, 2.200%, 06/01/29, LOC:
Wachovia Bank N.A.(a)		1,000		1,000

				11,946

Illinois (2.6%)
Chicago O’Hare International Airport, Ser 597, RB, AMT, 2.390%, 01/01/12, FSA(a)		2,000		2,000
Savannah Industrial Development, Metform Corp., Project, Ser B, RB, AMT, 3.550%, 06/01/09, LOC:
JPMorgan Chase Bank(a)		1,400		1,400

				3,400

Kentucky (2.0%)
Louisville Regional Airport Authority Special Facilities, Ser A, RB, AMT, 1.360%, 11/01/36(a)		2,600		2,600

Montana (2.3%)
Great Falls Multifamily, Autumn Run Apartments Project, RB, AMT, 2.150%, 01/01/38, LOC:
U.S. Bank N.A.(a)		3,000		3,000

Nebraska (1.5%)
Nebraska Investment Finance Authority, Single Family Housing, Ser G, RB, AMT, 2.350%, 09/01/36, GNMA/FNMA/FHLMC(a)		1,980		1,980

Nevada (5.7%)
Las Vegas Valley Water, 2.300%, 04/02/08, LOC: BNP Paribas		2,000		2,000
Las Vegas Valley Water, 1.000%, 04/03/08		2,000		2,000
Nevada State Department of Commerce Industrial Development, Ser A, RB, AMT, 2.200%, 01/01/09, LOC: JPMorgan Chase Bank(a)		3,500		3,500

				7,500

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Institutional Municipal Cash Reserve Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
New York (1.9%)
New York City Housing Development Corp., Multifamily Rent Housing, Atlantic Court Apartments, Ser A, RB, AMT, 2.170%, 12/01/35, FHLMC(a)		2,500		2,500

North Carolina (3.0%)
North Carolina Medical Care Commission Retirement Facilities, Aldersgate Project, RB, 2.250%, 01/01/31, LOC:
Branch Banking & Trust(a)		4,000		4,000

Ohio (2.3%)
Ohio State University, 2.030%, 06/09/08		3,000		3,000

Oregon (2.3%)
Oregon State Housing & Community Services Department Housing Development, Redwood Park Apartments, Ser F, RB, AMT, 2.150%, 10/15/38, FNMA(a)		3,000		3,000

Pennsylvania (3.0%)
Delaware County Industrial Development Authority, Airport Facilities, United Parcel Service Project, RB, 1.070%, 12/01/15(a)		2,000		2,000
Jacksonville Port Authority, 1.850%, 07/10/08, LOC: JPMorgan Chase Bank		2,000		2,000

				4,000

South Carolina (2.8%)
Florence County, Solid Waste Disposal & Wastewater Treatment Facilities, Roche Carolina, Inc. Project, RB, AMT, 1.400%, 04/01/28, LOC:
Deutsche Bank A.G.(a)		1,700		1,700
South Carolina Jobs Economic Development Authority, Economic Development, Giant Cement Holding, Inc., RB, AMT, 2.150%, 12/01/22, LOC:
Citibank N.A.(a)		2,000		2,000

				3,700

Tennessee (0.8%)
Memphis-Shelby County, Airport Authority, Ser A, RB, AMT, 5.000%, 03/01/09, FSA		1,000		1,019

Texas (10.0%)
Alvin Independent School District, Merlots Project, Ser D52, GO, 2.300%, 02/15/26, PSF-GTD(a)(b)		2,000		2,000
Harris County, 1.850%, 07/10/08, LOC: Dexia Bank		1,000		1,000
San Antonio Housing Finance Corp., Multifamily Housing, RB, AMT, 2.320%, 07/20/47, GNMA(a)(b)		3,000		3,000
Texas Municipal Gas Acquisition & Supply Corp. II, Gas Supply, RB, 2.310%, 09/15/27, LOC:
Dexia Credit Local(a)(b)		2,000		2,000
Texas Municipal Gas Acquisition & Supply Corp. II, Gas Supply, Ser 2007-042-1993B, RB, 2.290%, 09/15/18, LOC: BNP Paribas(a)(b)		3,000		3,000
Texas State Veterans Housing Assistance Fund II, Ser A, GO, AMT, 2.200%, 06/01/35, LOC: State Street Bank & Trust Co.(a)		2,100		2,100

				13,100

Virginia (6.5%)
Rockingham County Industrial Development Authority, Sunnyside Presbyterian Project, RB, 2.280%, 12/01/33, LOC: Branch Banking & Trust Co.(a)		1,970		1,970
Virginia Commonwealth University Health System Authority, Ser A, RB, 1.180%, 07/01/37, LOC:
Branch Banking & Trust Co.(a)		3,000		3,000
Virginia Housing Development Authority, Commomwealth Mortgage, RB, AMT, 3.250%, 10/01/08		1,600		1,608

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Institutional Municipal Cash Reserve Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Virginia Housing Development Authority, Commonwealth Mortgage, Ser A, Subser A-4, RB, AMT, 3.500%, 07/01/08, GO		2,000		2,006

				8,584

Washington (5.7%)
Washington State Housing Finance Commission Multifamily, Auburn Meadows Project, Ser A, RB, AMT, 1.220%, 07/01/36, LOC:
Wells Fargo Bank N.A.(a)		2,325		2,325
Washington State Housing Finance Commission Multifamily, Canyon Lakes II Project, RB, AMT, 2.150%, 10/01/19, LOC:
Wells Fargo Bank N.A.(a)		2,130		2,130
Washington State Housing Finance Commission Multifamily, Merrill Gardens Tacoma, Ser A, RB, AMT, 2.150%, 09/15/40, LOC:
Bank of America N.A.(a)		3,000		3,000

				7,455

Total Municipal Bonds				92,744

Money Market Funds (4.5%)
Dreyfus Municipal Money Market Fund, Inc.		1,672,347		1,672
Fidelity Tax Free Fund		4,164,933		4,165

Total Money Market Funds				5,837

Total Investments (Cost $98,581)(c) — 75.2%				98,581
Other assets in excess of liabilities — 24.8%				32,582

Net Assets — 100.0%			$	131,163


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 7.6% of net assets as of March 31, 2008.

(c)		Aggregate cost for federal income tax and financial reporting purposes is the same.


AMT		— Alternative Minimum Tax Paper

FHLMC		— Security guaranteed by Federal Home Loan Mortgage Corporation

FHLB		— Security guaranteed by Federal Home Loan Bank

FNMA		— Security guaranteed by Federal National Mortgage Association

FSA		— Security guaranteed by Financial Security Assurance

GNMA		— Security guaranteed by Government National Mortgage Association

GO		— General Obligation

LOC		— Letter of Credit

PSF-GTD		— Security insured by Permanent School Fund Guarantee Program

RB		— Revenue Bond

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Institutional U.S. Government Securities Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
U.S. Government Agencies (29.8%)
Fannie Mae (6.0%)
4.378%, 04/02/08		26,760		26,757
3.844%, 05/23/08(a)		25,000		24,863
2.633%, 06/13/08(a)		34,577		34,394
2.545%, 06/30/08(a)		35,000		34,779
3.250%, 08/15/08		5,000		4,977
5.125%, 09/02/08		9,280		9,332
3.495%, 12/26/08(a)		9,280		9,046

				144,148

Federal Farm Credit Bank (2.6%)
3.375%, 07/15/08		4,500		4,488
4.250%, 10/10/08		21,100		21,270
2.416%, 11/26/08(b)		17,500		17,500
2.500%, 04/01/09, Callable 10/01/08 @ 100		20,000		20,000

				63,258

Federal Home Loan Bank (15.7%)
4.400%, 04/23/08		14,300		14,300
4.380%, 04/28/08		55,000		55,027
2.725%, 05/07/08(a)		35,000		34,905
2.542%, 05/09/08(a)		34,000		33,909
2.739%, 05/14/08(a)		45,000		44,854
2.107%, 05/21/08(a)		50,000		49,855
2.925%, 06/18/08(a)		15,250		15,154
4.500%, 08/08/08		19,960		19,973
3.875%, 08/22/08		27,600		27,707
2.650%, 09/17/08(b)		8,550		8,548
4.375%, 10/03/08		5,380		5,372
4.625%, 10/10/08		19,800		19,807
4.375%, 10/29/08		11,100		11,102
2.902%, 11/04/08(b)		16,000		16,000
4.500%, 11/19/08, Callable 05/19/08 @ 100		16,700		16,700

				373,213

Freddie Mac (5.5%)
3.852%, 05/28/08(a)		30,000		29,820
1.907%, 06/02/08(a)		19,000		18,938
2.814%, 07/21/08(a)		15,250		15,120
2.680%, 02/13/09, Callable 08/13/08 @ 100		45,000		45,000
2.805%, 02/13/09, Callable 05/13/08 @ 100		22,500		22,500

				131,378

Total U.S. Government Agencies				711,997

Repurchase Agreements (65.1%)
ABN AMRO Bank N.V., 2.215%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $230,404 (collateralized by U.S. Government Agencies; 4.000%-7.000%, due 05/15/08-12/29/16; total market value $235,001)		230,390		230,390
Banc of America Securities, 2.315%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $310,998 (collateralized by FNMA; 5.000%, due 07/01/35; total market value $317,197)		310,978		310,978
BNP Paribas, 2.215%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $108,320 (collateralized by FHLMC; DN, due 01/08/09; total market value $110,480)		108,313		108,313
Deutsche Bank, 2.465%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $185,619 (Collateralized by U.S. Government Securities; 4.234%-7.000%, due 12/01/33-12/01/37; total market value $189,318)		185,606		185,606
HSBC Securities, Inc., 2.315%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $422,956 (collateralized by U.S. Government Agencies; 2.500%-5.125%, due 02/28/11-02/15/14; total market value $431,391)		422,928		422,928
Lehman Brothers, Inc., 2.415%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $59,703 (collateralized by U.S. Government Agencies; DN, due 02/01/14-01/01/36; total market value $60,894)		59,699		59,699

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Institutional U.S. Government Securities Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Repurchase Agreements—continued

Morgan Stanley, 2.415%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $196,837 (collateralized by U.S. Government Agencies; 3.634%-7.218%, due 08/01/09-12/01/37; total market value $200,762)		196,824		196,824
UBS Warburg LLC, 2.465%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $39,226 (collateralized by U.S. Government Agencies; 4.000%-6.000%, due 09/15/18-11/15/36; total market value $40,011)		39,223		39,223

Total Repurchase Agreements				1,553,961

Money Market Funds (5.1%)
Federated Government Obligations Money Market Fund		72,441,768		72,442
Federated Government Obligations Tax-Managed Fund		50,000,000		50,000

Total Money Market Funds				122,442

Total Investments (Cost $2,388,400)(c) — 100.0%				2,388,400
Liabilities in excess of other assets — 0.0%				(702	)

Net Assets — 100.0%			$	2,387,698


(a)		Rate represents the effective yield at purchase.

(b)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(c)		Aggregate cost for federal income tax and financial reporting purposes is the same.


FHLMC		— Federal Home Loan Mortgage Corporation

FNMA		— Federal National Mortgage Association

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Institutional U.S. Treasury Securities Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
U.S. Treasury Obligations (27.8%)
U.S. Treasury Bills (27.8%)
0.800%, 04/10/08(a)		94,473		94,455
1.211%, 04/15/08(a)		125,000		124,941
1.614%-1.727%, 04/16/08(a)		280,000		279,805
1.461%, 04/17/08(a)		31,473		31,453
1.341%, 04/21/08(a)		146,648		146,539
1.281%-1.407, 04/24/08(a)		156,473		156,342
2.625%, 05/15/08		28,900		28,902
1.556%, 09/04/08(a)		14,225		14,130

Total U.S. Treasury Obligations				876,567

Repurchase Agreements (80.2%)
ABN AMRO Bank N.V., 1.350%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $188,912 (collateralized by U.S. Treasury Obligations; 5.375%-6.00%, due 02/15/26-02/15/31; total market value $192,684)		188,905		188,905
Bank of America Securities, 1.250%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $185,530 (collateralized by U.S. Treasury Obligation; 4.875%, due 08/31/08; total market value $189,234)		185,523		185,523
BNP Paribas, 1.000%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $465,632 (collateralized by U.S. Treasury Obligations; 2.500%-4.250%, due 01/15/10-03/31/13; total market value $474,932)		465,619		465,619
Deutsche Bank AG, 1.400%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $38,651 (collateralized by U.S. Treasury Obligations; DN-4.875%, due 04/30/08-02/15/30; total market value $39,424)		38,649		38,649
Dresdner Bank AG, 1.050%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $7,000 (collateralized by U.S. Treasury Obligations; 1.750%-2.000%, due 03/31/10-07/15/14; total market value $7,140)		7,000		7,000
Dresdner Bank AG, Term, 1.050%, dated 03/27/08 to be repurchased on 04/03/08, repurchase price $277,635 (collateralized by U.S. Treasury Obligations; 1.750%-2.000%, due 03/31/10-07/15/14; total market value $283,134)		277,578		277,578
Greenwich Capital Markets, Inc., 1.400%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $531,651 (collateralized by U.S. Treasury Obligation; 2.500%, due 03/31/13; total market value $542,268)		531,631		531,631
HSBC Securities, Inc., 1.500%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $562,564 (collateralized by U.S. Treasury Obligations; 1.750%-6.500%, due 04/30/08-02/15/38; total market value $573,796)		562,540		562,540
Lehman Brothers, Inc., 1.000%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $1,984 (collateralized by U.S. Treasury Obligation; 6.250%, due 08/15/23; total market value $2,025)		1,984		1,984

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Institutional U.S. Treasury Securities Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Repurchase Agreements—continued

Morgan Stanley, 1.450%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $229,762 (collateralized by U.S. Treasury Obligations; 4.750%-7.250%, due 02/28/09-05/15/16; total market value $234,348)		229,752		229,752
UBS Warburg LLC, 1.350%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $35,593 (collateralized by U.S. Treasury Obligation; 7.875%, due 02/15/21; total market value $36,305)		35,592		35,592

Total Repurchase Agreements				2,524,773

Money Market Fund (1.0%)
Federated Treasury Obligations Fund		29,982,897		29,983

Total Money Market Fund				29,983

Total Investments
(Cost $3,431,323)(b) — 109.0%				3,431,323
Liabilities in excess of other assets — (9.0)%				(283,151	)

Net Assets — 100.0%			$	3,148,172


(a)		Rate represents the effective yield at purchase.

(b)		Aggregate cost for federal income tax and financial reporting purposes is the same.

See Notes to Financial Statements.

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


				Institutional			Institutional		Institutional
	Institutional			Municipal			U.S.		U.S.
	Cash			Cash			Government		Treasury
	Management			Reserve			Securities		Securities
	Money			Money			Money		Money
	Market			Market			Market		Market
	Fund			Fund			Fund		Fund

Assets:
Total Investments, at Cost	$	4,115,461		$	98,581		$	2,388,400	$	3,431,323

Investments, at Value	$	4,030,461		$	98,581		$	834,439	$	906,550
Investments in Affiliates, at Value and Cost		85,000			—			—		—
Repurchase Agreements, at Value and Cost		—			—			1,553,961		2,524,773

Total Investments		4,115,461			98,581			2,388,400		3,431,323

Cash		1			—			—		—
Interest and Dividends Receivable		8,358			427			3,586		455
Interest Receivable from Affiliated Investments		159			—			—		—
Receivable for Capital Shares Issued		3,727			—			1,563		828
Receivable for Investment Securities Sold		—			34,332			—		—
Prepaid Expenses and Other Assets		23			11			3		5

Total Assets		4,127,729			133,351			2,393,552		3,432,611

Liabilities:
Income Distributions Payable		11,424			254			5,485		3,850
Payable for Investment Securities Purchased		20,000			1,914			—		279,805
Investment Advisory Fees Payable		442			17			291		379
Administration, Fund Accounting and Transfer Agency Fees Payable		29			1			13		12
Compliance Services Fees Payable		18			—			3		7
Shareholder Services Fees Payable — Corporate Trust Shares		N/A			N/A			N/A		258
Custodian Fees Payable		58			1			2		7
Trustee Fees Payable		36			1			6		14
Other Fees Payable		262			—			54		107

Total Liabilities		32,269			2,188			5,854		284,439

Net Assets	$	4,095,460		$	131,163		$	2,387,698	$	3,148,172

Net Assets Consist of:
Capital	$	4,095,990		$	131,165		$	2,387,683	$	3,148,262
Accumulated Net Investment Income		57			1			15		126
Accumulated Net Realized Gain (Loss) from Investment Transactions		(587	)		(3	)		—		(216	)

Net Assets	$	4,095,460		$	131,163		$	2,387,698	$	3,148,172

Net Assets:
Institutional Shares	$	4,095,460		$	131,163		$	2,387,698	$	1,818,974
Corporate Trust Shares		N/A			N/A			N/A		1,329,198
Shares Outstanding (unlimited number of shares authorized, no par value):
Institutional Shares		4,095,990			131,165			2,387,683		1,818,958
Corporate Trust Shares		N/A			N/A			N/A		1,329,304
Net Asset Value, Offering and Redemption Price Per Share:
Institutional Shares	$	1.00		$	1.00		$	1.00	$	1.00
Corporate Trust Shares		N/A			N/A			N/A		1.00

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Year Ended March 31, 2008 (Amounts in thousands)


				Institutional			Institutional			Institutional
	Institutional			Municipal			U.S.			U.S.
	Cash			Cash			Government			Treasury
	Management			Reserve			Securities			Securities
	Money			Money			Money			Money
	Market			Market			Market			Market
	Fund			Fund			Fund			Fund

Investment Income:
Interest Income	$	183,556		$	2,122		$	57,864		$	102,105
Dividend Income		—			213			723			284
Interest Recovery Payments by Affiliate		2,891			—			—			—
Interest Income from Affiliated Investments		1,110			—			—			—

Total Investment Income		187,557			2,335			58,587			102,389

Expenses:
Investment Advisory Fees		4,825			108			2,000			3,663
Administration, Fund Accounting and Transfer Agency Fees		1,001			21			340			635
Compliance Services Fees		69			1			17			38
Shareholder Services Fees — Corporate Trust Shares		N/A			N/A			N/A			3,362
Custodian Fees		196			3			11			29
Printing Fees		77			1			21			45
Registration Fees		55			10			20			26
Trustees’ Fees		96			1			23			52
Other Fees		314			12			80			156

Total Expenses		6,633			157			2,512			8,006
Less: Investment Advisory Fees Waived		—			(4	)		(7	)		—
Less: Administration Fees Waived		(190	)		(11	)		(8	)		(46	)
Less: Shareholder Service Fees Waived — Corporate Trust Shares		N/A			N/A			N/A			(16	)

Net Expenses		6,443			142			2,497			7,944

Net Investment Income (Loss)		181,114			2,193			56,090			94,445

Net Realized Gain (Loss) on Investments:
Net Realized Gain (Loss) from Investment Transactions		(38,002	)		—			3			62
Net Increase from Payments by Affiliate		37,621			—			—			—

Net Realized Gain (Loss) on Investments		(381	)		—			3			62

Change in Net Assets from Operations	$	180,733		$	2,193		$	56,093		$	94,507

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

STATEMENTS OF CHANGES IN NET ASSETS

RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Institutional						Institutional						Institutional						Institutional
	Cash Management						Municipal Cash Reserve						U.S. Government Securities						U.S. Treasury Securities
	Money Market Fund						Money Market Fund						Money Market Fund						Money Market Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income	$	181,114		$	171,462		$	2,193		$	2,988		$	56,090		$	45,094		$	94,445		$	136,064
Net Realized Gain (Loss) on Investments		(381	)		(17	)		—			(2	)		3			(3	)		62			—

Change in Net Assets from Operations		180,733			171,445			2,193			2,986			56,093			45,091			94,507			136,064

Dividends and Distributions to Shareholders:
Net Investment Income:
Institutional Shares		(181,114	)		(171,406	)		(2,193	)		(2,987	)		(56,090	)		(45,079	)		(44,043	)		(39,647	)
Corporate Trust Shares		N/A			N/A			N/A			N/A			N/A			N/A			(50,402	)		(96,366	)
Net Realized Gains:
Institutional Shares		—			—			—			(1	)		—			—			—			—

Total Dividends and Distributions		(181,114	)		(171,406	)		(2,193	)		(2,988	)		(56,090	)		(45,079	)		(94,445	)		(136,013	)

Capital Transactions:
Institutional Shares:
Proceeds from Shares Issued		12,512,899			12,236,686			593,656			790,559			5,835,055			3,537,661			6,471,190			4,075,327
Reinvestment of Cash Distributions		73,980			80,231			—			7			17,177			15,256			16,944			15,441
Cost of Shares Redeemed		(12,320,098	)		(11,463,417	)		(578,975	)		(800,064	)		(4,353,750	)		(3,615,491	)		(5,385,015	)		(4,276,728	)

Change in Net Assets from Institutional Shares		266,781			853,500			14,681			(9,498	)		1,498,482			(62,574	)		1,103,119			(185,960	)

Corporate Trust Shares:
Proceeds from Shares Issued		N/A			N/A			N/A			N/A			N/A			N/A			1,167,614			3,259,455
Cost of Shares Redeemed		N/A			N/A			N/A			N/A			N/A			N/A			(1,104,807	)		(4,061,601	)

Change in Net Assets from Corporate Trust Shares		N/A			N/A			N/A			N/A			N/A			N/A			62,807			(802,146	)

Change in Net Assets from Capital Transactions		266,781			853,500			14,681			(9,498	)		1,498,482			(62,574	)		1,165,926			(988,106	)

Change in Net Assets		266,400			853,539			14,681			(9,500	)		1,498,485			(62,562	)		1,165,988			(988,055	)

Net Assets:
Beginning of Period		3,829,060			2,975,521			116,482			125,982			889,213			951,775			1,982,184			2,970,239

End of Period	$	4,095,460		$	3,829,060		$	131,163		$	116,482		$	2,387,698		$	889,213		$	3,148,172		$	1,982,184

Accumulated Net Investment Income, End of Period	$	57		$	57		$	1		$	1		$	15		$	15		$	126		$	126

Share Transactions:
Institutional Shares:
Issued		12,512,899			12,236,686			593,656			790,559			5,835,055			3,537,661			6,471,190			4,075,327
Reinvested		73,980			80,231			—			7			17,177			15,256			16,944			15,441
Redeemed		(12,320,098	)		(11,463,417	)		(578,975	)		(800,064	)		(4,353,750	)		(3,615,491	)		(5,385,015	)		(4,276,728	)

Change in Institutional Shares		266,781			853,500			14,681			(9,498	)		1,498,482			(62,574	)		1,103,119			(185,960	)

Corporate Trust Shares:
Issued		N/A			N/A			N/A			N/A			N/A			N/A			1,167,614			3,259,455
Redeemed		N/A			N/A			N/A			N/A			N/A			N/A			(1,104,807	)		(4,061,601	)

Change in Corporate Trust Shares		N/A			N/A			N/A			N/A			N/A			N/A			62,807			(802,146	)

Change in Shares		266,781			853,500			14,681			(9,498	)		1,498,482			(62,574	)		1,165,926			(988,106	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																														Ratio of
																														Expenses to
					Net																			Ratio of			Ratio of			Average
					Realized																			Net			Net			Net Assets
					and							Distributions					Net							Expenses			Investment			(Excluding
	Net Asset				Unrealized				Dividends			from		Total			Asset							to			Income to			Waivers,
	Value,		Net		Gain				from Net			Realized		Dividends			Value,					Net Assets,		Average			Average			Reimbursements,
	Beginning		Investment		(Loss) on		Total From		Investment			Capital		and			End of		Total			End of		Net			Net			and Expense
	of Period		Income		Investments		Operations		Income			Gains		Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)
Institutional Cash Management Money Market Fund
Institutional Shares
Year Ended March 31, 2008	$	1.00	$	0.05	$	—	$	0.05	$	(0.05	)	$	—	$	(0.05	)	$	1.00		4.75	%*	$	4,095,460		0.16	%		4.62	%*		0.17	%
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		5.17			3,829,060		0.16			5.06			0.16
Year Ended March 31, 2006		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		3.62			2,975,521		0.17			3.60			0.19
Period Ended March 31, 2005(3)		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.43			2,591,527		0.19			1.71			0.26
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.86			2,368,849		0.25			0.86			0.29
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.46			2,985,750		0.25			1.45			0.29
Institutional Municipal Cash Reserve Money Market Fund
Institutional Shares
Year Ended March 31, 2008		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.26			131,163		0.20			3.06			0.22
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.42			116,482		0.20			3.35			0.23
Period Ended March 31, 2006(4)		1.00		0.02		—		0.02		(0.02	)		—		(0.02	)		1.00		1.79			125,982		0.19			2.78			0.23
Institutional U.S. Government Securities Money Market Fund
Institutional Shares
Year Ended March 31, 2008		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.54			2,387,698		0.18			4.15			0.19
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		5.04			889,213		0.19			4.93			0.19
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.51			951,775		0.21			3.48			0.21
Period Ended March 31, 2005(3)		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.36			894,653		0.25			1.63			0.26
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.82			858,260		0.27			0.82			0.29
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.40			1,040,066		0.26			1.39			0.29
Institutional U.S. Treasury Securities Money Market Fund
Institutional Shares
Year Ended March 31, 2008		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.09			1,818,974		0.18			3.73			0.18
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		5.03			715,831		0.18			4.93			0.18
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.41			901,777		0.20			3.45			0.20
Period Ended March 31, 2005(3)		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.31			697,095		0.25			1.62			0.26
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.77			420,948		0.26			0.71			0.29
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.30			653,340		0.26			1.23			0.29
Corporate Trust Shares
Year Ended March 31, 2008		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		3.83			1,329,198		0.43			3.76			0.43
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		4.77			1,266,353		0.43			4.67			0.43
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.17			2,068,462		0.44			3.14			0.44
Period Ended March 31, 2005(3)		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.14			1,825,373		0.44			1.38			0.45
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.57			1,378,551		0.46			0.51			0.49
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.10			1,298,910		0.46			1.05			0.49

See Notes to Financial Highlights and Notes to Financial Statements.

NOTES TO FINANCIAL STATEMENTS

RIDGEWORTH FUNDS March 31, 2008


1.	Organization

The RidgeWorth Funds (The STI Classic Funds changed its name to RidgeWorth Funds effective March 31, 2008) (the “Trust”) is organized as a Massachusetts business trust under a Declaration of Trust dated January 15, 1992. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company offering 52 funds as of March 31, 2008. The Trust is authorized to issue an unlimited number of shares without par value. The financial statements presented herein are those of Institutional Cash Management Money Market Fund, Institutional Municipal Cash Reserve Money Market Fund, Institutional U.S. Government Securities Money Market Fund and Institutional U.S. Treasury Securities Money Market Fund (each a “Fund” and collectively the “Funds”). The financial statements of the remaining funds are presented separately. The Institutional Cash Management Money Market Fund, Institutional Municipal Cash Reserve Money Market Fund and Institutional U.S. Government Securities Money Market Fund may offer Institutional Shares only. The Institutional U.S. Treasury Securities Money Market Fund may offer Institutional Shares and Corporate Trust Shares. The Funds’ prospectuses provide a description of each Fund’s investment objectives, policies and strategies.

Under the Trust’s organizational documents, its 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 is a summary of significant accounting policies followed by the Trust in the preparation of its financial statements. These policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The actual results could differ from these estimates.

Security Valuation — Investment securities are stated at amortized cost, which approximates market value. Under the amortized cost method, premium or discount, if any, is amortized or accreted, respectively, on a constant basis to the maturity of the security. Investments in other investment companies are valued at their respective daily net asset value.

Security Transactions and Investment Income — During the period, security transactions are accounted for no later than one business day following the trade date. For financial reporting purposes, however, security transactions are accounted for on trade date on the last business day of the reporting period. Interest income is recognized on an accrual basis and includes amortization or accretion of premium or discount. Costs used in determining net realized gains and losses on the sales of investment securities are those of the specific securities sold, adjusted for the accretion or amortization of purchase discounts or premiums during the respective holding period.

Repurchase Agreements — The Funds may purchase instruments from financial institutions, such as banks and broker-dealers, subject to the seller’s agreement to repurchase them at an agreed upon time and price (“repurchase agreement”). A third party custodian bank takes possession of the underlying securities (“collateral”) of a repurchase agreement, the value of which exceeds the principal amount of the repurchase transaction, including accrued interest. In the event of default on the obligation to repurchase, each Fund has the right to liquidate the collateral and apply the proceeds in satisfaction of the obligation. In the event of default or bankruptcy by the counterparty to the repurchase agreement, realization and/or retention of the collateral or proceeds may be subject to legal proceedings.

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Securities Purchased on a When-Issued Basis — 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. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued basis may increase the volatility of a Fund’s net asset value 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. As of March 31, 2008, there were no such securities held by the Funds.

Compensating Balances — If a Fund has a cash overdraft in excess of $100,000 it is required to deposit an amount equal to 110% of the overdraft in a compensating balance account with its custodian, SunTrust Bank, a wholly owned subsidiary of SunTrust Banks, Inc., on the following business day. If a Fund has a positive cash balance in excess of $100,000 it is allowed to overdraw an amount equal to 90% of the balance from SunTrust Bank on the following business day. All such deposits to, and overdrafts from, the compensating balance account are non-interest bearing and are for a duration of one business day. The RidgeWorth Institutional Cash Management Money Market Fund does not have any compensating balance arrangements with its custodian, Brown Brothers Harriman & Co.

Expenses — Expenses that are directly related to a specific Fund are charged to that Fund. Class specific expenses, such as distribution fees, if any, are borne by that class. Other operating expenses of the Trust are pro-rated to the Funds on the basis of relative net assets or another appropriate basis. Expenses attributable to the Trust and the RidgeWorth Variable Trust (the STI Classic Variable Trust changed its name to RidgeWorth Variable Trust effective May 1, 2008) (collectively, the “RidgeWorth Complex”) are allocated across the RidgeWorth Complex based upon relative net assets or another appropriate basis.

Classes — Income, non-class specific expenses and realized/unrealized gains and losses are allocated to the respective classes within a Fund on the basis of the relative daily net assets.

Dividends and Distributions to Shareholders — Dividends and distributions to shareholders are recorded on the ex-dividend date. Dividends from net investment income of each of the Funds are declared daily and paid monthly. Any net realized capital gains on sales of securities are distributed to shareholders at least annually. However, to the extent that net realized capital gains can be offset by capital loss carryovers, such gains will not be distributed.

New Accounting Pronouncements — In September 2006, the Financial Accounting Standards Board (“FASB”) issued Statement on Financial Accounting Standards (SFAS) No. 157 (“SFAS No. 157”), “Fair Value Measurements.” This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. SFAS No. 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The changes to current GAAP from the application of this Statement relate to the definition of fair value, the methods used to measure fair value and expanded disclosures about fair value measurements. As of March 31, 2008, the Funds do not believe the adoption of SFAS No. 157 will impact the financial statement amounts; however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period.

Federal Income Taxes — It is the policy of each Fund to continue to qualify as a regulated investment company by complying with the provisions available to certain investment companies as defined in applicable sections of the Internal Revenue Code, and to make distributions from net investment income and from net realized gains sufficient to relieve it from all, or substantially all, federal income taxes.

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

that meets the more likely-than-not recognition threshold is measured to determine the amount of benefit to recognize in the financial statements. Differences between tax positions taken in a tax return and amounts recognized in the financial statements will generally result in an increase in a liability for taxes payable (or a reduction of a tax refund receivable), including the recognition of any related interest and penalties as an operating expense. Implementation of FIN 48 included a review of tax positions taken in tax years that remain subject to examination by tax authorities. The Funds are subject to federal and various state jurisdictions for income tax purposes. While the statute of limitations remains open to examine the Funds’ U.S. tax returns filed for the past four fiscal years, no examinations are in progress or anticipated at this time. The adoption of FIN 48 did not impact the Funds’ net assets or results of operations.

The amounts of dividends from net investment income and of distributions from net realized gains are determined in accordance with federal income tax regulations, which may differ from GAAP. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the composition of net assets based on their federal tax-basis treatment; temporary differences do not require reclassification.


3.	Agreements and Other Transactions with Affiliates

Investment Advisory Agreement — The Trust and RidgeWorth Capital Management, Inc. (Trusco Capital Management, Inc. changed its name to RidgeWorth Capital Management, Inc. effective March 31, 2008) (the “Investment Adviser”), a wholly-owned subsidiary of SunTrust Banks, Inc., have entered into an investment advisory agreement.

Under the terms of the investment advisory agreement, the Funds are charged the following 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 full fee is charged on average daily net assets of each Fund up to $1 billion, a discount of 5% applies on the next $1.5 billion, a discount of 10% applies on the next $2.5 billion and a discount of 20% applies on amounts over $5 billion. Fee rates for the year ended March 31, 2008 were as follows:


	Maximum		Discounted		Advisory Fees			Net
	Annual		Annual		Waived or			Annual
Fund	Advisory Fee(%)		Advisory Fee(%)		Reimbursed(%)			Fees Paid(%)

Institutional Cash Management Money Market Fund		0.13		0.12		—			0.12
Institutional Municipal Cash Reserve Money Market Fund		0.15		0.15		(0.01	)		0.14
Institutional U.S. Government Securities Money Market Fund		0.15		0.15		—			0.15
Institutional U.S. Treasury Securities Money Market Fund		0.15		0.15		—			0.15

The Investment Adviser has contractually agreed, until at least August 1, 2008, to waive fees and/or reimburse each Fund to the extent necessary to maintain each Fund’s Total Operating Expense, expressed as a percentage of average daily net assets, as noted below:


	Total Operating
Fund	Expenses(%)

Institutional Cash Management Money Market		0.17
Institutional Municipal Cash Reserve Money Market		0.20
Institutional U.S. Government Securities Money Market Fund		0.20
Institutional U.S. Treasury Securities Money Market Fund, Institutional Shares		0.20
Institutional U.S. Treasury Securities Money Market Fund, Corporate Trust Shares		0.45

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

repayments would not cause the annualized total expense ratio to exceed the Total Operating Expense in place at that time. During the year ended March 31, 2008, the Investment Adviser did not recapture any of its prior contractual waivers or reimbursements. The Investment Adviser does not intend to recapture such amounts. As of March 31, 2008, the cumulative potential reimbursements based on reimbursements within three years from the date of the corresponding Expense Limitation Agreement are as follows (in thousands):


Fund	Amount($)

Institutional Municipal Cash Reserve Money Market Fund		30

With the approval of the Board of Trustees, the following actions were taken to protect investors in the Institutional Cash Management Money Market Fund from possible losses associated with certain structured investment vehicle (“SIV”) securities owned by the Fund. When purchased, these SIV assets were rated A1/P1 and were Tier 1 eligible securities, thus qualifying for valuation at amortized cost under Rule 2a-7 under the 1940 Act.

In October 2007, SunTrust Banks, Inc. (“SunTrust”) established an irrevocable letter of credit to provide credit support for one of the Fund’s investments in a SIV security. Prior thereto, the issuer of this security announced that it would cease making payments on the security, resulting in a downgrade in the credit rating of the investment. As the investment no longer qualified for valuation at amortized cost as an eligible security under Rule 2a-7, the Fund recognized a loss equal to the difference between amortized cost and the market value as of the date of the letter of credit. At the same time, the Fund also received a loss recovery of the same amount, approximately $428,000, as a result of the establishment of the letter of credit. In November 2007, the Fund received a payment from the letter of credit in an amount equivalent to and at the same time as the payment of scheduled principal and interest payments due to the Fund from the SIV. The Fund recognized an interest recovery of approximately $431,000 for the interest payments received from the letter of credit. The Fund also recognized a loss recovery of $34.572 million (in addition to the previously received $428,000) as a result of a default on the scheduled maturity payment of $35 million. The loss is reflected in “Net Realized Gain(Loss) from Investment Transactions” and the loss recovery is reflected in “Net Increase from Payments by Affiliate” in the accompanying Statement of Operations. The equivalent interest recovery which the Fund received is reflected in the accompanying Statement of Operations in “Interest Recovery Payments by Affiliate.”

On December 26, 2007, SunTrust purchased approximately $211 million of the Fund’s remaining investments in SIV securities at amortized cost plus accrued interest. The Fund realized a loss for the difference between the amortized cost of the securities and the market value as of that date, but at that same time also recognized a loss recovery in the same amount of approximately $1.990 million. The Fund also recognized approximately an additional $1.146 million of interest recovery for accrued interest through the date of the transaction. In the accompanying Statement of Operations, the loss is reflected in “Net Realized Gain(Loss) from Investment Transactions”, and the loss recovery is reflected in “Net Increase from Payments by Affiliate” while the interest recovery is reflected in “Interest Recovery Payments by Affiliate.”

Also on December 26, 2007, SunTrust issued a Promissory Note for the benefit of the Fund in exchange for approximately $171 million of the remaining SIV securities at amortized cost plus accrued income. Similar to the prior transaction, the Fund realized a loss, but also recognized a loss recovery in the same amount of approximately $630,000 for the difference between the amortized cost of the securities and their market value as of that date. The Fund also recognized an interest recovery of approximately $1.313 million for accrued interest through the date of the transaction. In the accompanying Statement of Operations, the loss is reflected in “Net Realized Gain(Loss) from Investment Transactions”, the loss recovery is reflected in “Net Increase from Payments by Affiliate” and the interest recovery is reflected in “Interest Recovery Payments by Affiliate.” In exchange for the Promissory Note issued, SunTrust acquired the security interest in the SIV securities from the Fund to secure repayment of the Note. Under the terms of the Promissory Note, the Fund will receive all interest and principal payments due to the Fund in amounts equal to what the Fund would have received had it retained its interest in the SIV securities and the securities had remained solvent through their respective maturity dates. At March 31, 2008, the remaining unmatured portion of the Promissory Note of $85,000 (in thousands) is reported on the Fund’s Schedule of Portfolio Investments and is valued using amortized cost. For purposes of mark-to-market requirements of Rule 2a-7 under the 1940 Act,

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

these securities are fair valued in accordance with the Pricing and Valuation Procedures established by the Board, as more fully described in Note 2. The interest received from the Promissory Notes is included in “Interest Income from Affiliated Investments” on the accompanying Statement of Operations.

As a result of the purchase of all remaining SIV investments in exchange for cash or the Promissory Note at the end of 2007, the previously established letter of credit was retired and the Fund had no remaining exposure to SIV investments at March 31, 2008.

Administration, Fund Accounting and Transfer Agency Agreement — The Trust has entered into a Master Services Agreement with Citi Fund Services Ohio, Inc. (formerly BISYS Fund Services Ohio Inc.), (the “Administrator”), under which the Administrator provides administrative, fund accounting, transfer agent and shareholder services for an annual fee, calculated and paid monthly, (expressed as a percentage of the combined average daily net assets of the RidgeWorth Complex) of: 0.0275% up to $25 billion, 0.0225% on the next $5 billion and 0.0175% for over $30 billion plus an additional class fee of $2,798 per class annually, applicable to each additional class of shares over 145 classes of shares.

The Master Services Agreement provides for the Administrator to pay certain insurance premiums for the RidgeWorth Complex, including $300,000 towards the premium for Directors and Officers Liability/Errors and Omissions insurance coverage, and $25,000 towards the premium for Fidelity Bond coverage. The Administrator has agreed, under the terms of the Master Services Agreement, to pay certain legal expenses for the benefit of the RidgeWorth Complex relating to administrative service matters. The Master Services Agreement further provides for the Administrator to waive a portion of its fees for the benefit of shareholders. Such payments and fee waivers are expected to total approximately $400,000 to $650,000 annually for the RidgeWorth Complex, and will not be recouped by the Administrator in subsequent years.

Shareholder Servicing Agreement — The Institutional U.S. Treasury Securities Money Market Fund has adopted a Shareholder Services Plan for the Corporate Trust Shares. The Fund pays SunTrust Bank a monthly shareholder services fee at an annual rate of up to 0.25% of the average daily net assets of the Fund’s Corporate Trust Shares, computed daily and paid monthly, which may be used by the SunTrust Bank to provide compensation to service providers that have agreed to provide shareholder support services for their customers who own Corporate Trust Shares of the Fund. During the period ended March 31, 2008, SunTrust Bank voluntarily waived a portion of this fee.

Custodian Agreement — SunTrust Bank acts as custodian for the Funds, except for the Institutional Cash Management Money Market Fund, which appointed Brown Brothers Harriman & Co. as custodian. The Funds pay custody fees on the basis of their respective net assets and transaction costs.

Other — Certain officers of the RidgeWorth Complex are also employees of the Investment Adviser 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 fee and an additional fee for each meeting attended plus reimbursement for certain expenses incurred. Trustees receive an additional fee for attendance at committee meetings. The current meeting and retainer fees are as follows:


	Chairman($)		Trustee($)

Annual Retainer		75,000		60,000
Regular Meeting Fee		8,750		7,000
Special Meeting Fee		4,375		3,500
Committee Meeting Fee		4,500		3,000

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Prior to November 13, 2007, the retainer and meeting fees were as follow:


	Chairman($)		Trustee($)

Annual Retainer		55,000		44,000
Regular Meeting Fee		10,000		8,000
Special Meeting Fee		5,000		4,000
Committee Meeting Fee		4,500		3,000

The Trust approved a deferred compensation plan for its trustees, effective January 1, 2007. Under that plan, a trustee may elect to defer all or a portion of his or her compensation. Amounts deferred are retained by the Trust, and the value of such deferred amounts is determined by reference to the change in value of I Shares of one or more series of the RidgeWorth Funds as specified by the trustee. Benefits under the deferred compensation plan are payable upon retirement. As of March 31, 2008, under the deferred compensation plan, the Trust had a deferred liability of $147,654. On May 20, 2008, the Board approved the termination of the deferred compensation plan.

The Investment Adviser provides services to the RidgeWorth Complex to ensure compliance with applicable laws and regulations. The Investment Adviser has designated a dedicated compliance staff and an employee to serve as Chief Compliance Officer. The Investment Adviser receives an annual fee totaling $475,000 for these services. In addition, the Administrator provides an employee and staff to assist the Chief Compliance Officer for the RidgeWorth Complex, including providing certain related services, and receives an annual fee of $156,750 for providing these services. The fees above are allocated based on average daily net assets of the RidgeWorth Complex and are reflected on the Statements of Operations as “Compliance Service Fees.”

The Trust has entered into an agreement with SunTrust Robinson Humphrey, Inc., which is a registered broker-dealer and a direct non-bank subsidiary of SunTrust Banks, Inc., to act as an agent in placing repurchase agreements for the Trust. For the period ended March 31, 2008, the following Funds paid SunTrust Robinson Humphrey, Inc., through a reduction in the yield earned by the Funds on those repurchase agreements, the following amounts (in thousands):


	Fee($)

Institutional U.S. Government Securities Money Market Fund		328
Institutional U.S. Treasury Securities Money Market Fund		849


4.	Federal Tax Information

At March 31, 2008, the total cost of securities and the net realized gains or losses on securities sold for federal income tax purposes were the same as amounts reported for financial reporting purposes.

The tax character of distributions paid to shareholders during the year ended March 31, 2008 was as follows (in thousands):


	Distributions Paid From
	Net Investment		Tax-Exempt		Total Distributions
Fund	Income($)		Income($)		Paid($)*

Institutional Cash Management Money Market Fund		186,098		—		186,098
Institutional Municipal Cash Reserve Money Market Fund		—		2,260		2,260
Institutional U.S. Government Securities Money Market Fund		54,464		—		54,464
Institutional U.S. Treasury Securities Money Market Fund		98,859		—		98,859


*	Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid.

Amounts designated as “—” are $0 or have been rounded to $0.

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

The tax character of distributions paid to shareholders during the period ended March 31, 2007 was as follows (in thousands):


	Distributions Paid From
	Net Investment		Tax-Exempt		Total Distributions
Fund	Income($)		Income($)		Paid($)*

Institutional Cash Management Money Market Fund		166,575		—		166,575
Institutional Municipal Cash Reserve Money Market Fund		1		3,032		3,033
Institutional U.S. Government Securities Money Market Fund		44,386		—		44,386
Institutional U.S. Treasury Securities Money Market Fund		137,947		—		137,947


*	Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid.

Amounts designated as “—” are $0 or have been rounded to $0.

As of March 31, 2008 the components of accumulated earnings (deficit) on a tax basis were as follows (in thousands):


													Total
	Undistributed									Accumulated			Accumulated
	Ordinary		Tax-Exempt		Accumulated		Distributions			Capital and			Earnings
Fund	Income($)		Income($)		Earnings($)		Payable($)			Other Losses($)**			(Deficit)($)

Institutional Cash Management Money Market Fund		11,498		—		11,498		(11,424	)		(587	)		(513	)
Institutional Municipal Cash Reserve Money Market Fund		—		255		255		(254	)		(3	)		(2	)
Institutional U.S. Government Securities Money Market Fund		5,505		—		5,505		(5,485	)		—			20
Institutional U.S. Treasury Securities Money Market Fund		3,988		—		3,988		(3,850	)		(216	)		(78	)


**	As of the latest tax year end of March 31, 2008, the following Funds had net capital loss carryovers to offset future net capital gains, if any, to the extent provided by the Treasury regulations. To the extent that these carryovers are used to offset future gains, it is probable that the gains so offset will not be distributed to shareholders (in thousands):


	Expires
Fund	2013($)		2014($)		2015($)

Institutional Cash Management Money Market Fund		—		—		101
Institutional Municipal Cash Reserve Money Market Fund		—		—		3
Institutional U.S. Government Securities Money Market Fund		—		—		—
Institutional U.S. Treasury Securities Money Market Fund		94		110		12
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. The Institutional Cash Management Money Market Fund and Institutional U.S. Government Securities Money Market Fund incurred and will elect to defer $486 and $1, respectively, in thousands, in capital losses.
Amounts designated as “—” are $0 or have been rounded to $0.


5.	Risks

The Funds invest primarily in money market instruments maturing in 397 days or less whose ratings are within one of the two highest ratings categories assigned by a nationally recognized statistical rating organization, or, if not rated, are believed to be of comparable quality. The ability of the issuers of the securities held by the Fund to meet their obligations may be affected by economic developments in a specific industry, state or region.

Certain securities are backed by letters of credit from various financial institutions and financial guaranty assurance agencies. These letters of credit enhance the credit quality of the individual securities; however, if any of the financial institutions or financial guaranty assurance agencies’ credit quality should deteriorate, it could cause the individual security’s credit quality to change. Additionally, if any of the Funds concentrate their letters of credit in any one financial institution, the risk of credit quality deterioration increases.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

RIDGEWORTH FUNDS March 31, 2008

To the Board of Trustees and Shareholders of
RidgeWorth Funds (formerly the STI Classic Funds):

In our opinion, the accompanying statements of assets and liabilities, including the schedules of portfolio investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Institutional Cash Management Money Market Fund (formerly, Classic Institutional Cash Management Money Market Fund), Institutional Municipal Cash Reserve Money Market Fund (formerly, Classic Institutional Municipal Cash Reserve Money Market Fund), Institutional U.S. Government Securities Money Market Fund (formerly, Classic Institutional U.S. Government Securities Money Market Fund), and Institutional U.S. Treasury Securities Money Market Fund (formerly, Classic Institutional U.S. Treasury Securities Money Market Fund) (four of the fifty-two funds constituting RidgeWorth Funds, hereafter referred to as the “Funds”) at March 31, 2008, and the results of each of their operations, the changes in each of their net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Funds’ management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at March 31, 2008 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Columbus, Ohio
May 28, 2008

TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

Information pertaining to the trustees of the Trust is set forth below. Trustees who are not deemed to be “interested persons” of the Trust as defined in the 1940 Act are referred to as “Independent Trustees.”


				Number of
Name, Business		Term of		Portfolios
Address, State of	Position	Office and	Principal	in Fund	Other
Residence and	Held With	Length of	Occupation(s)	Complex	Directorships
Date of Birth	Trust	Time Served	During the Past 5 Years	Overseen	Held
INDEPENDENT TRUSTEES:
Jeffrey Biggar 3435 Stelzer Road Columbus, OH 43219 (Ohio) DOB 02/50	Trustee	Indefinite; since January 2007	Retired. Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2002-2006)	57	None

George C. Guynn 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 12/42	Trustee	Indefinite; since January 2008	Retired. President (1996-October 2006) and Chief Executive Officer (1995-October 2006) Federal Reserve Bank of Atlanta	57	Genuine Parts Company; Oxford Industries; John Weiland Homes and Neighborhoods

Sidney E. Harris 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 07/49	Trustee	Indefinite; since November 2004	Professor (since 1997) and Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University.	57	ServiceMaster Company; Total System Services, Inc.

Warren Y. Jobe 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 11/40	Trustee	Indefinite; since November 2004	Retired. Executive Vice President, Georgia Power Company and Senior Vice President, Southern Company (1998-2001)	57	WellPoint, Inc.; UniSource Energy Corp.; HomeBanc Corp.

Connie D. McDaniel 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 04/58	Trustee	Indefinite; since May 2005	Vice President Global Finance Transformation (since 2007), Vice President and Controller (1999-2007), The Coca-Cola Company	57	None

Clarence H. Ridley 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 06/42	Trustee	Indefinite; since November 2001	Chairman, Haverty Furniture Companies	57	Crawford & Co.; Haverty Furniture Companies

Charles D. Winslow 3435 Stelzer Road Columbus, OH 43219 (Florida) DOB 07/35	Trustee	Indefinite; since November 2004	Retired. Formerly Partner, Accenture (consulting)	57	None

TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS (concluded)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


		Term of
	Position(s)	Office and
Name, Address and	Held with	Length of	Principal Occupation(s)
Date of Birth	Trust	Time Served	During the Past 5 Years
OFFICERS
Julia Short 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 11/72	President and Chief Executive Officer	One-year: since July 2007	Managing Director, Product Manager, RidgeWorth Capital Management, Inc. (since 2004); Relationship Manager, SEI Investments (Financial Services) (1994-2004)

Deborah A. Lamb 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 10/52	Executive Vice President; Assistant Secretary; Chief Compliance Officer	One-year; since September 2004; since November 2003; since August 2004 (respectively)	Chief Compliance Officer, Managing Director, RidgeWorth Capital Management, Inc. (since 2003); President, Investment Industry Consultants, LLC (2000-2003);

Martin R. Dean 3435 Stelzer Road Columbus, OH 43219 DOB 11/63	Treasurer; Chief Financial Officer; Chief Accounting Officer	One-year; since March 2007	Senior Vice President (since January 2008), Financial Administration, Vice President (1994-January 2008) Citi Fund Services Ohio, Inc.

Cynthia J. Surprise 3435 Stelzer Road Columbus, OH 43219 DOB 07/46	Secretary and Chief Legal Officer	One-year; since February 2005	Senior Vice President, Regulatory Administration, Citi Fund Services Ohio, Inc. (since 2004); Director and Counsel, Investors Bank & Trust Company (1999-2004)

Kerry Reilly 3435 Stelzer Road Columbus, OH 43219 DOB 07/65	Assistant Secretary	One-year; since February 2008	Vice President (since January 2008), Counsel (since July 2007), Assistant Counsel (January 2006-June 2007) Legal Services, Citi Fund Services Ohio, Inc.; from June 2004 to May 2005, employee CitiStreet LLC; from June 1987 through October 2001, employee of Fidelity Investments.

The Trust’s Statement of Additional Information includes additional information about the Trust’s trustees and officers. To request your free copy of the Statement of Additional Information, call toll free 1-888-784-3863.

ADDITIONAL INFORMATION

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

ANNUAL APPROVAL OF INVESTMENT ADVISORY AND SUBADVISORY AGREEMENTS

The continuance of the Trust’s investment advisory agreement with RidgeWorth Capital Management, Inc. (formerly, Trusco Capital Management, Inc.) (the “Adviser”) must be specifically approved at least annually by (i) the vote of the Trustees or a vote of the shareholders of the Funds and (ii) the vote of a majority of the Trustees who are not parties to the agreements or “interested persons” of any party thereto (the “Independent Trustees”), as defined in the Investment Company Act of 1940, cast in person at a meeting called for the purpose of voting on such approval. New subadvisory agreements for the Trust are also subject to such approval initially and annually after their initial term is complete. Each year, the Board of Trustees calls and holds a meeting to decide whether to approve and/or renew the Trust’s agreements for the upcoming year. In preparation for the meeting, the Board requests and reviews a wide variety of information from the Adviser and any potential subadviser. The Trustees use this information, as well as other information that the Adviser and other service providers may submit to the Board, to help them decide whether to approve and/or renew the agreements.

In considering the renewal of the agreement with the Adviser this year, the Board requested and received material from the Adviser in preparation for a special meeting of the Board held on October 23, 2007, and requested and reviewed additional material from the Adviser in preparation for its quarterly meeting held on November 13, 2007, at which it specifically considered the renewal of the agreement. In addition, at a meeting held on February 12, 2008, the Board considered the approval of a proposed subadvisory agreement with StableRiver Capital Management LLC (the “Subadviser”), which is a new subsidiary of the Adviser staffed with the same portfolio management team that has continuously managed the Funds.

The material reviewed by the Board in considering the existing and proposed agreements included, among other things, information about: (a) the quality of the Adviser’s and Subadviser’s investment management and other services; (b) the Adviser’s and Subadviser’s investment management personnel; (c) the Adviser’s and Subadviser’s operations and financial condition; (d) the Adviser’s and Subadviser’s brokerage practices (including any soft dollar arrangements) and investment strategies; (e) the level of the advisory fees that the Adviser and Subadviser charge the Funds compared with the fees they charge to comparable mutual funds or accounts; (f) the Funds’ overall fees and operating expenses compared with similar mutual funds; (g) the level of the Adviser’s and Subadviser’s profitability from their Fund-related operations; (h) the Adviser’s and Subadviser’s compliance systems; (i) the Adviser’s and Subadviser’s policies and procedures for personal securities transactions; (j) the Adviser’s and Subadviser’s reputation, expertise and resources in domestic financial markets; and (k) the Funds’ performance compared with similar mutual funds. The Board also received a memorandum from Fund counsel regarding the responsibilities of the Trustees in connection with their consideration of the agreements.

At the meetings, representatives from the Adviser and Subadviser presented additional oral and written information to the Board to help the Board evaluate the Adviser’s and Subadviser’s fees and other aspects of the agreements. The Board also considered information presented by the Adviser, Subadviser, and other service providers at meetings held throughout the year. The Trustees discussed the written materials, oral presentations, and any other information that the Board received, and considered the approval of the agreements in light of this information.

Based on the Board’s deliberations and evaluation of the information it received, the Board, including the Independent Trustees, approved the agreements with the Adviser and Subadviser, and the selection of the Adviser and Subadviser, and determined that the compensation under the agreements is fair and reasonable in light of the services to be performed. The Board considered the following specific factors, none of which was controlling, and made the following conclusions:

Nature, Extent, and Quality of Services

The Board received and considered information regarding the nature, extent, and quality of services to be provided to the Funds by the Adviser and Subadviser. In this regard, the Trustees evaluated, among other things, the Adviser’s and Subadviser’s personnel, experience, track record, and compliance program. The Board considered the background and experience of the Adviser’s and Subadviser’s senior management and the expertise of, and amount of attention expected to be given to the Funds by, their portfolio management teams. The Board reviewed the qualifications, backgrounds, and responsibilities of the portfolio managers responsible for the day-to-day management of the Funds. The Board also reviewed information pertaining to the Adviser’s and

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

Subadviser’s organizational structure, senior management, investment operations, and other relevant information. In addition, the Board reviewed the Adviser’s organizational restructuring plan for 2008 and its potential effects on the Funds’ shareholders. The Board concluded that, within the context of its full deliberations, the nature, extent, and quality of the services to be provided to the Funds by the Adviser and Subadviser supported the approval of the agreements.

Performance

The Board considered the investment performance of each Fund, including any periods of outperformance and underperformance, both on an absolute basis and a comparative basis to indices and other funds within the same investment categories. Specifically, the Board considered each Fund’s performance relative to its peer group and appropriate benchmarks in light of total return, yield, and market trends. As part of this review, the Board considered the composition of the peer group and selection criteria, as well as market risk and shareholder risk expectations. The Board considered the Adviser’s explanations regarding specific performance issues. The Board concluded that, within the context of its full deliberations, the performance of the Funds, the Adviser, and the Subadviser supported the approval of the agreements.

Fund Expenses

With respect to advisory fees, the Board considered the rate of compensation under the agreements and each Fund’s net operating expense ratio in comparison to those of comparable mutual funds. The Trustees also considered information about average expense ratios of comparable mutual funds in each Fund’s peer group. Finally, the Trustees considered the effect of the Adviser’s and Subadviser’s waiver and reimbursement of fees and expenses, where applicable, to prevent total expenses from exceeding a specified amount and that, due to these waivers and reimbursements, net operating expenses have been maintained at competitive levels. The Board concluded that, within the context of its full deliberations, the expenses of the Funds are reasonable and supported the approval of the agreements.

Profitability

The Board reviewed information about the profitability of the Funds to the Adviser and Subadviser and considered whether the level of profitability was reasonable and justified in light of the quality of the services rendered to the Funds and in comparison to other advisory firms. The Board concluded that, within the context of its full deliberations, the profitability of the Adviser and Subadviser is within the range the Board considered reasonable.

Economies of Scale

The Board considered the existence of economies of scale and whether they were passed along to Fund shareholders through a graduated advisory fee schedule or other means, including any fee and expense waivers and reimbursements by the Adviser and Subadviser. The Board concluded that, within the context of its full deliberations, the Funds obtain reasonable benefit from economies of scale.

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

Expense Examples

As a shareholder of the RidgeWorth Funds, you incur two types of costs: (1) transaction costs; and (2) ongoing costs, including management fees, distribution 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 October 1, 2007 through March 31, 2008.

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.


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
Fund	Class	10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Institutional Cash Management Money Market Fund	Institutional Shares		1,000.00		1,020.90		0.86		0.17
Institutional Municipal Cash Reserve Money Market Fund	Institutional Shares		1,000.00		1,014.30		0.96		0.19
Institutional U.S. Government Securities Money Market Fund	Institutional Shares		1,000.00		1,019.40		0.91		0.18
Institutional U.S. Treasury Securities Money Market Fund	Institutional Shares		1,000.00		1,016.10		0.91		0.18
	Corporate Trust Shares		1,000.00		1,014.80		2.17		0.43


*	Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.


**	Annualized.

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

Hypothetical Example

The table below provides information about hypothetical account values and hypothetical expenses based on a 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. 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.


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
Fund	Class	10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Institutional Cash Management Money Market Fund	Institutional Shares		1,000.00		1,024.15		0.86		0.17
Institutional Municipal Cash Reserve Money Market Fund	Institutional Shares		1,000.00		1,024.05		0.96		0.19
Institutional U.S. Government Securities Money Market Fund	Institutional Shares		1,000.00		1,024.10		0.91		0.18
Institutional U.S. Treasury Securities Money Market Fund	Institutional Shares		1,000.00		1,024.10		0.91		0.18
	Corporate Trust Shares		1,000.00		1,022.85		2.17		0.43


*	Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.


**	Annualized.

ADDITIONAL INFORMATION (concluded)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

Special Meeting of Shareholders

A meeting of shareholders of the RidgeWorth Funds was held on January 20, 2008. At the meeting, shareholders voted and approved the following proposal:

Proposal 1: To consider and vote on the election of members to the Board of Trustees of the Trust.


	# of Shares		% of Outstanding Shares		% of Shares Present

Jeffrey M. Biggar
Affirmative		6,579,428.109		94.343%		95.578%
Withhold		304,420.348		4.365%		4.422%

Total		6,883,848.457		98.708%		100.000%
George C. Guynn
Affirmative		6,587,354.241		94.456%		95.693%
Withhold		296,494.216		4.252%		4.307%

Total		6,883,848.457		98.708%		100.000%
Sidney E. Harris
Affirmative		6,581,214.171		94.368%		95.604%
Withhold		302,634.286		4.340%		4.396%

Total		6,883,848.457		98.708%		100.000%
Warren Y. Jobe
Affirmative		6,580,767.574		94.362%		95.597%
Withhold		303,080.883		4.346%		4.403%

Total		6,883,848.457		98.708%		100.000%
Connie D. McDaniel
Affirmative		6,549,975.936		93.920%		95.150%
Withhold		333,872.521		4.788%		4.850%

Total		6,883,848.457		98.708%		100.000%
Clarence H. Ridley
Affirmative		6,574,080.344		94.266%		95.500%
Withhold		309,768.113		4.442%		4.500%

Total		6,883,848.457		98.708%		100.000%
Charles D. Winslow
Affirmative		6,578,015.208		94.322%		95.557%
Withhold		305,833.249		4.386%		4.443%

Total		6,883,848.457		98.708%		100.000%

Proxy Voting

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.ridgeworthfunds.com and on the Securities and Exchange Commission’s 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.ridgeworthfunds.com and on the Securities and Exchange Commission’s website at www.sec.gov.

Portfolio Holdings Information

The Funds file a complete list of their portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available free of charge on the Securities and Exchange Commission’s website at www.sec.gov. You may also review or, for a fee, copy those documents by visiting the Securities and Exchange Commission’s Public Reference Room in Washington, D.C. Information on the operation of the Public Reference Room may be obtained by calling the Securities and Exchange Commission at 1-202-551-8090.

TABLE OF CONTENTS

RIDGEWORTH FUNDS March 31, 2008


Letter to Shareholders			1

Management Discussion of Fund Performance

Equity Funds:
Aggressive Growth Stock Fund			3
Emerging Growth Stock Fund			5
International Equity Fund			7
International Equity Index Fund			9
Large Cap Core Equity Fund			11
Large Cap Growth Stock Fund			13
Large Cap Quantitative Equity Fund			15
Large Cap Value Equity Fund			17
Mid-Cap Core Equity Fund			19
Mid-Cap Value Equity Fund			21
Select Large Cap Growth Stock Fund			23
Small Cap Growth Stock Fund			25
Small Cap Value Equity Fund			27

Asset Allocation Funds:
Life Vision Aggressive Growth Fund			29
Life Vision Conservative Fund			31
Life Vision Growth and Income Fund			33
Life Vision Moderate Growth Fund			35
Life Vision Target Date 2015			37
Life Vision Target Date 2025			39
Life Vision Target Date 2035			41

Schedules of Portfolio Investments			43

Statements of Assets and Liabilities			99

Statements of Operations			103

Statements of Cash Flows			107

Statements of Changes in Net Assets			108

Financial Highlights			120

Notes to Financial Statements			133

Report of Independent Registered Public Accounting Firm			151

Other Federal Tax Information			152

Trustees and Officers of the RidgeWorth Funds			153

Additional Information			155

LETTER TO SHAREHOLDERS

March 31, 2008

Dear Valued RidgeWorth Funds Shareholder,

We close this letter, as always, with thanks to you our valued client. We appreciate your support and look forward to continuing to serve you.

Sincerely,



David H. Eidson		Ashi Parikh
Chairman and CEO		President and CIO
RidgeWorth Capital Management, Inc.		RidgeWorth Capital Management, Inc.


¹		The monetary value of all the goods and services produced by an economy over a specified period. It includes consumption, government purchases, investments, and exports minus imports.

AGGRESSIVE GROWTH STOCK FUND

Portfolio Manager(s)

• Nancy Zevenbergen, CFA , CIC

• Brooke de Boutray, CFA, CIC

• Leslie Tubbs, CFA, CIC

Investment Concerns

Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities. The net asset value per share of this Fund will fluctuate as the value of the securities in the portfolio changes. Common stocks, and funds investing in common stocks, generally provide greater return potential when compared with other types of investments.

Mid capitalization companies typically have a higher risk of failure and historically have experienced a greater degree of volatility.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Aggressive Growth Stock Fund returned -2.12% (I Shares), slightly trailing the -1.45% return for the Fund’s benchmark, the Russell 3000^® Growth Index for the period ended March 31, 2008. Growth style investing was favored for the first nine months, however, stressed credit markets and a slumping economy took hold in the last quarter and all major indices declined. Outsized negative Fund returns in the final quarter left overall performance for the fiscal year in line with the benchmark.

Stock selection in Telecom Services, Information Technology, and Consumer Discretionary sectors proved most challenging to performance, with a handful of stocks responsible for the majority of losses. Industrial and Health Care sector holdings were positive catalysts for the Fund.¹

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund’s highly concentrated positions led individual stock performance to drive overall returns (typically 80% of out/ underperformance is attributed to stock selection). The top three performance detractors were NII Holdings, Inc., Cognizant Technology Solutions Corp., and Starbucks Corporation. Performance contributors included First Solar, Inc., Apple Inc., and aQuantive, Inc.¹

How do you plan to position the Fund, based on market conditions?

We have reviewed projected earnings for Fund holdings and reduced estimates to account for further economic weakness where appropriate, striving for a realistic balance between the dismal top-down outlook and robust bottom-up market expectations.

Investor sentiment creates market volatility. Instead of striving to predict the bottom, our research and portfolio positioning centers on individual company fundamentals, combined with long-term outlook and guidance. We are emphasizing companies able to grow earnings independent of a slowing domestic economy. Our research strives to uncover companies with new product opportunities or other catalysts that spur earnings growth whether in a recessionary environment or not. Remembering that the best investments are made when the popular sentiment is most negative, our investment strategy is to remain patient and focus on our research.


¹		Portfolio composition subject to change.

AGGRESSIVE GROWTH STOCK FUND

This chart assumes an initial hypothetical investment of $10,000 made on 2/23/04. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Russell 3000^® Growth Index which measures the performance of those securities found in the Russell Universe with higher price-to-book ratios and higher forecasted growth values. The stocks in this index are also members of either the Russell 1000^® Growth or the Russell 2000^®Growth indices. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


				Average Annual Total Returns as of 3/31/08
										Since
Aggressive Growth Stock Fund		Inception Date		1 Year			3 Year			Inception

A Shares	without sales charge		02/23/04		-2.46	%		7.49	%		5.01	%
	with sales charge*				-8.04	%		5.39	%		3.51	%
C Shares	without CDSC		02/23/04		-3.17	%		6.70	%		4.29	%
	with CDSC*				-4.11	%		6.70	%		4.29	%
I Shares			02/23/04		-2.12	%		7.75	%		5.33	%
Russell 3000^® Growth Index					-1.45	%		6.30	%		—


Prospectus Expense Ratio¹	Gross
A Shares		1.47	%
C Shares		2.17	%
I Shares		1.17	%

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. Total return figures include change in share price, reinvestment of dividends and capital gains and do not reflect taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. For performance data current to the most recent month end, visit our website at www.ridgeworthfunds.com.


^*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

EMERGING GROWTH STOCK FUND

Portfolio Manager(s)

• Nancy Zevenbergen, CFA, CIC
• Brooke de Boutray, CFA, CIC
• Leslie Tubbs, CFA, CIC

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12-month period ended March 31, 2008, the Emerging Growth Stock Fund returned -6.29% (I Shares), trailing the -4.55% return for the Fund’s benchmark, the Russell Midcap^® Growth Index. Growth style investing was favored for the first nine months, however, stressed credit markets and a slumping economy took hold in the last quarter and all major indices declined. Small -cap growth stocks fell twice that of their mid-cap brethren posing an additional challenge, as two-thirds of the Fund was invested in stocks primarily under $5 billion in market cap.

Stock selection in Telecom Services and Consumer Discretionary sectors proved most challenging, with a handful of stocks responsible for the majority of losses. The Fund’s lack of exposure to the Energy sector (highest absolute benchmark return and contributor), also posed a performance challenge (it’s atypical for the Fund to invest in this sector due to its cyclical nature).¹

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund’s highly concentrated positions led individual stock performance to drive overall returns (typically 80% of out/ underperformance is attributed to stock selection). The top three performance detractors were NII Holdings, lnc., Cognizant Technology Solutions Corp. and CB Richard Ellis Group, Inc. Performance contributors included First Solar, Inc., SunPower Corporation and aQuantive, Inc.¹

How do you plan to position the Fund, based on market conditions?

Investor sentiment creates market volatility. Instead of striving to predict the bottom, our research and portfolio positioning centers on individual company fundamentals, combined with long-term outlook and guidance. We are emphasizing companies able to grow earnings independent of a slowing domestic economy. Our research strives to uncover small- and mid-size companies with new product opportunities or other catalysts that spur earnings growth whether in a recessionary environment or not. Remembering that the best investments are made when the popular sentiment is most negative, our investment strategy is to remain patient and focus on our research.


¹		Portfolio composition subject to change.

EMERGING GROWTH STOCK FUND

The Fund’s performance is compared to the Russell Midcap^® Growth Index which measures the performance of those companies found in the Russell Midcap^® Universe with higher price-to-book ratios and higher forecasted growth values. The stocks are also members of the Russell 1000^® Growth Index. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


				Average Annual Total Returns as of 3/31/08
										Since
Emerging Growth Stock Fund		Inception Date		1 Year			3 Year			Inception

A Shares	without sales charge		02/23/04		-6.52	%		8.69	%		4.53	%
	with sales charge*				-11.88	%		6.57	%		3.03	%
C Shares	without CDSC		02/27/04		-7.14	%		7.96	%		3.54	%
	with CDSC*				-7.98	%		7.96	%		3.54	%
I Shares			02/23/04		-6.29	%		9.02	%		4.87	%
Russell Midcap^® Growth Index					-4.55	%		7.77	%		—


Prospectus Expense Ratio¹	Gross
A Shares		1.48	%
C Shares		2.18	%
I Shares		1.18	%


^*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

INTERNATIONAL EQUITY FUND

Portfolio Manager

• Chad Deakins, CFA

Investment Concerns

International investing involves increased risk and volatility.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The International Equity Fund returned -4.16% (I Shares) for the trailing 1 2-month period ended March 31, 2008, while the Fund’s benchmark, the MSCI EAFE Index returned -2.70% during the period. The Fund slightly trailed the benchmark, giving up its lead in the fourth quarter as the global equity markets fell sharply because of the credit crisis. China led the pack to the downside, down 26.60% followed by Hong Kong and Greece which were down 18.49% and 15.83%, respectively. New Zealand also had a weak year, down 14.69%. Finding a country with a positive absolute return was difficult with Bermuda up 10.86% and Luxembourg up 3.73%. Denmark had a relatively flat year, resulting in a 0.04% return. The markets experienced a significant shift in leadership: a style shift from value to growth and a market-cap shift from small cap to large cap.

Volatility in the global financial markets was at the forefront of investors’ minds as well as fears that the U.S. might move into a recession. Structural volatility has risen and historically is slow to come down. Many also questioned whether the troubles in the U.S. would spread which fed fears of a global credit contagion. The Federal Reserve’s (the “Fed”) support of the U.S. credit markets eased investors’ fears but did little to subdue the volatility.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

As stated above, the Fund was ahead of the benchmark until mid-fourth quarter 2007 when the global equity markets sharply corrected. During most of 2007, positive economic outlook for emerging markets boosted commodity prices, and strong demand for those commodities drove the global industrial names in construction machinery and marine transport. The Fund had a pro-growth tilt with significant exposure to the global industrial and commodity names. Initially, as the credit crisis spread around the globe, we believe that the unwinding of hedge funds negatively affected global equity markets, particularly hard-hit were recent winners. Financials were hit hard as well due to subprime mortgage exposure. However, as the credit crisis started to cast a shadow on real economic growth, other cyclical sectors were affected in anticipation of slower global economic growth.

How do you plan to position the Fund, based on market conditions?

The Fund continually looks to stay overweight in companies that we believe will benefit from the industrial build-out of emerging economies and will be bargain-hunting in financials. We will continue to stay with the largest companies with strong balance sheets as they can take advantage of weaker companies that are suffering the pressure of the tightened credit markets.¹


¹		Portfolio composition subject to change.

INTERNATIONAL EQUITY FUND

This chart assumes an initial hypothetical investment of $10,000 made on 3/31/98. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Morgan Stanley Capital International Europe, Australasia and Far East (“MSCI EAFE”) Index, which is a market capitalization-weighted equity index comprising 20 of the 48 countries in the MSCI universe and representing the developed world outside of North America. Each MSCI country index is created separately then aggregated, without change, into regional MSCI indices. EAFE performance data is calculated in U.S. dollars and in local currency. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
International Equity Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		-4.45	%		11.86	%		19.42	%		4.37	%
	with sales charge*		-9.96	%		9.68	%		18.01	%		3.75	%
C Shares	without CDSC		-5.09	%		11.05	%		18.62	%		3.64	%
	with CDSC*		-5.90	%		11.05	%		18.62	%		3.64	%
I Shares			-4.16	%		12.14	%		19.82	%		4.73	%
MSCI EAFE Index			-2.70	%		13.32	%		21.40	%		6.18	%


Prospectus Expense Ratio¹	Gross
A Shares		1.52	%
C Shares		2.22	%
I Shares		1.22	%


^*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

INTERNATIONAL EQUITY INDEX FUND

Portfolio Manager(s)

•

Chad Deakins, CFA

•

Matthew Welden

Investment Concerns

International investing involves increased risk and volatility.

It is important to remember that there are risks associated with index investing, including the potential risk of market decline, as well as the risks associated with investing in specific companies.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The International Equity Index Fund tracked the MSCI EAFE GDP Weighted Index (net dividend), the Fund’s benchmark, very well for the fiscal year ended March 31, 2008. Our stratified sampling strategy continues to track the index with minimal tracking error while allowing us to avoid illiquid names that would cause trading difficulties.

The International Equity Index Fund returned -2.03% (I Shares) for the 12-month period ended March 31, 2008 and was roughly in line with the MSCI EAFE GDP Index which returned -1.74% (net dividend) for the period. Statistics remained strong for the Fund with Beta¹ above 0.9 and R Squared¹ above 95%. These measures reflect the efficiency and effectiveness of our investment process.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Recently, the most influential factor in global and domestic financial markets has been volatility and the contraction of the credit markets. There was much discussion around fears that the U.S. might move into a recession. Many also questioned whether the troubles in the U.S. would spread which fed fears of a global credit contagion. The Federal Reserve’s (the “Fed”) support of the U.S. credit markets eased investors’ fears but did little to subdue the volatility.

From an MSCI EAFE GDP standpoint, exposure to Germany proved helpful as well as Spain and other European countries. Weakness in Japanese markets which were down more than 14% during the period proved the most detrimental contributor.²

Investor flows into foreign stock funds continue to be stronger than those into funds investing primarily in U.S. based companies. However, the differential between the two is not as large as in years past. This contraction is as expected given the year ended March 31, 2007 return of the MSCI EAFE GDP of 20.63% (net) versus the same period in 2008 of -1.74% (net).

How do you plan to position the Fund, based on market conditions?

Volatility will remain at the forefront until the extent of the credit contraction is fully digested in the U.S. and abroad. The Fund will continue to utilize its stratified sampling strategy to offer broad and diversified exposure to international markets.²


¹		Beta is a means of measuring the volatility of a security or portfolio of securities in comparison with the market as a whole. A beta of 1 indicates that the security will move with the market; greater than 1 indicates that it is more volatile than the market, and less than 1 indicates that it is less volatile than the market. The R-squared measures the percentage of a fund’s movement that is explained by movements in the market index, and helps indicated the accuracy of a fund’s alpha and beta.

²		Portfolio composition subject to change.

INTERNATIONAL EQUITY INDEX FUND

Effective March 31, 2008 the Fund transitioned its benchmark index from the Morgan Stanley Capital International, Europe, Australasia and Far East Index (MSCI EAFE Index (GDP Weighted) Price Only) to the MSCI EAFE Index (GDP Weighted) Net Dividend. The MSCI EAFE Index (GDP Weighted) is a widely-recognized, market capitalization index that measures market equity performance based upon indices from 21 foreign and developed counties. The country weighting of the Index is calculated using the gross domestic product of each of the various countries and then with respect of the market capitalization of the various companies operating in each country. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
International Equity Index Fund		1 Year			3 Year			5 Year			10 Year
A Shares	without sales charge		-2.29	%		13.52	%		21.56	%		6.21	%
	with sales charge*		-7.91	%		11.32	%		20.14	%		5.59	%
C Shares	without CDSC		-3.01	%		12.67	%		20.71	%		5.51	%
	with CDSC*		-3.97	%		12.67	%		20.71	%		5.51	%
I Shares			-2.03	%		13.80	%		21.99	%		6.63	%
MSCI EAFE Index (GDP Weighted) Net Dividend			-1.74	%		14.28	%		23.07	%		7.36	%
MSCI EAFE Index (GDP Weighted) Price Only			-4.08	%		11.70	%		20.42	%		5.48	%


Prospectus Expense Ratio¹	Gross
A Shares		0.91	%
C Shares		1.61	%
I Shares		0.61	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LARGE CAP CORE EQUITY FUND

Portfolio Manager

•

Jeffrey E. Markunas, CFA

Investment Concerns

Value-based investments are subject to the risk that the broad market may not recognize their intrinsic value.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Large Cap Core Equity Fund returned -10.32% (I Shares) for the 12-month period ended March 31, 2008 and the S&P 500 Index returned -5.08% for the same period. The market recorded a broad based positive return in the first quarter of the fiscal year on continued strength in corporate profits, while ample liquidity and favorable credit conditions contributed to record merger and acquisition activity. By late summer, the markets transitioned to a corrective phase driven by slowing economic growth and deterioration in real estate and credit markets, adversely affecting Fund return. While Federal Reserve (the “Fed”) policy response spurred a market rally in the fall, a broad decline in the fourth fiscal quarter, led by financial and technology stocks, resulted in a decline for the full period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The shifting economic backdrop had the most direct impact on the financial services and consumer discretionary sectors of the market. Amid a very challenging market for financials, superior stock selection and underweighting the sector provided the most positive contribution to Fund performance, while the Fund experienced pressure in consumer issues. In addition, impacting results were the ongoing popularity of emerging market and commodity-related themes as we have taken a more conservative approach to these areas given the late stages of the economic cycle. Our positioning has been early as investors sought near term earnings visibility and momentum of global cyclicals and moved to safety in utilities and high momentum growth issues. The Fund has begun to benefit from its spin-off holdings in the technology sector, an area that we believe offers sustainable earnings at reasonable valuations.¹

How do you plan to position the Fund, based on market conditions?

Our overall Fund strategy and outlook remain intact. The markets will take time to digest credit and economic issues. Yet, there are signs that fears and the associated discounting in stock prices are fairly well advanced. It appears stocks are increasingly priced for a recession, whether or not the economy experiences it. With a strong policy response in place, slower but still positive global growth, reasonable valuation levels, and general strength in corporate balance sheets and cash flows, we believe the upcoming fiscal year brings the potential of a recovery from recent challenges.¹

Over the past year, we have adjusted the portfolio to improve the growth profile, lower credit risk, and emphasize financial strength. Despite the recent correction in growth names, we continue to believe positioning for growth but at reasonable prices is the correct path. Stock selection emphasizes companies with attractive growth potential, reasonable valuation, and catalysts for improvement over 12-18 months. We continue to believe that our strategy will be validated and rewarded in 2008.


¹		Portfolio composition subject to change.

LARGE CAP CORE EQUITY FUND

Effective May 1, 2007 the Fund transitioned its benchmark from the Russell 1000^® Value Index to the S&P 500 Index to better reflect the ongoing investment style of the Fund. The S&P 500 Index is an index of 500 selected common stocks, most of which are listed on the New York Stock Exchange, and is a measure of the U.S. Stock market as a whole. The Russell 1000^® Value Index is composed of the securities in the Russell 1000^® Index with a less-than-average growth orientation. Companies in this index generally have low price-to-book and price-to-earning ratios, higher dividend yields, and lower forecasted growth values. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
Large Cap Core Equity Fund		1 Year			3 Year			5 Year			10 Year
A Shares	without sales charge		-10.60	%		4.13	%		11.89	%		4.25	%
	with sales charge*		-15.75	%		2.09	%		10.58	%		3.63	%
C Shares	without CDSC		-11.27	%		3.35	%		11.06	%		3.47	%
	with CDSC*		-12.07	%		3.35	%		11.06	%		3.47	%
I Shares			-10.32	%		4.40	%		12.15	%		4.44	%
S&P 500 Index			-5.08	%		5.84	%		11.32	%		3.50	%
Russell 1000^® Value Index			-9.99	%		6.01	%		13.68	%		5.54	%


Prospectus Expense Ratio¹	Gross
A Shares		1.10	%
C Shares		1.85	%
I Shares		0.85	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LARGE CAP GROWTH STOCK FUND

Portfolio Manager(s)

•

Christoper Guinther

•

Michael A. Sansoterra

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the fiscal year ended March 31, 2008 the Large Cap Growth Stock Fund returned 0.92% (I Shares) while the Russell 1000^® Growth Index returned -0.75%. The Fund exceeded the benchmark by 167 basis points (1.67%) with eight out of ten economic sectors adding value. Almost 70% of the outperformance relative to the benchmark was attributed to positive stock selection.

The low level of absolute return was caused by a dramatic market sell-off in the equity markets during the last fiscal quarter of the year. Many of the Fund’s big winners in calendar year 2007, within the technology sector, retraced their gains in the final fiscal quarter end. For example, Apple, Google and Microsoft, declined in market value by more than (20%) during the quarter.

The Fund’s outperformance relative to the benchmark was led by positive stock selection within the Healthcare sector. Gilead Sciences, a biotechnology company, Express Scripts, a pharmacy benefits manager, and Johnson & Johnson, a diversified healthcare firm, were among the best performers for company specific reasons. Additionally, good stock selection within Consumer Discretionary and Industrials sectors added positive incremental return during the year.¹

What factors influenced the Fund’s performance for the period ended March 31, 2008?

During March 2007 when the Fund’s previous lead portfolio managers retired, the new investment team implemented additional risk control metrics, new compensation incentives, and restructured talent. This new team significantly outperformed the benchmark for the calendar year period 2007, and the Fund’s return exceeded the benchmark for the fiscal year.

How do you plan to position the Fund, based on market conditions?

The portfolio management team does not attempt to position the Fund based on predictions of macro-economic conditions. The strategy utilizes a balanced approach to stock selection. This balanced approach, combined with multi-dimensional risk decomposition tools allows the portfolio managers to control active risk through portfolio construction. The portfolio managers actively monitor the components of the systematic risk and aim to ensure that most of the risk relative to the index is derived from non-systematic (stock specific) risk. Sector rotation and tactical sector allocations are generally not utilized. The portfolio will be relatively sector and characteristic neutral to the index as the investment team attempts to generate alpha² through superior, bottom-up stock selection. We believe our investment strategy is objective, balanced and designed to enable outperformance in most market cycles.

The Fund will invest in companies with reasonable valuations and improving fundamentals. Generally, the companies invested in will have shown year over year increases in operating margins, growth in revenues and exhibit improving financial returns as measured by return on incremental invested capital. By combining the income statement, balance sheet, and cash flow metrics to evaluate earnings quality, capital efficiency, and relative valuations, the portfolio managers avoid concentrating on a single attribute. Therefore, the team seeks to eliminate investment results that are directly attributed to market conditions, and add alpha through stock selection.


¹		Portfolio composition subject to change.

²		Alpha measures a fund’s risk-adjusted performance and represents the difference between a fund’s actual performance and its expected performance, given its level of risk as measured by beta.

LARGE CAP GROWTH STOCK FUND

Effective May 1, 2007, the Fund transitioned its benchmark index from the S&P 500 Index to the Russell 1000^® Growth Index to reflect a change in the Fund’s investment strategy. The Russell 1000^® Growth Index offers investors access to the large-cap growth segment of the U.S. equity universe. The index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. The S&P 500 Index is an index of 500 selected common stocks, most of which are listed on the New York Stock Exchange, and is a measure of the U.S. Stock market as a whole. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
Large Cap Growth Stock Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		0.68	%		4.08	%		6.57	%		1.85	%
	with sales charge*		-5.08	%		2.05	%		5.32	%		1.26	%
C Shares	without CDSC		-0.08	%		3.35	%		5.96	%		1.32	%
	with CDSC*		-0.81	%		3.35	%		5.96	%		1.32	%
I Shares			0.92	%		4.41	%		7.09	%		2.42	%
Russell 1000^® Growth Index			-0.75	%		6.33	%		9.96	%		1.28	%
S&P 500 Index			-5.08	%		5.84	%		11.32	%		3.50	%


Prospectus Expense Ratio¹	Gross

A Shares		1.30	%
C Shares		2.00	%
I Shares		1.00	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LARGE CAP QUANTITATIVE EQUITY FUND

Portfolio Manager

•

Chad Deakins, CFA

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12 month period ended March 31, 2008 the Large Cap Quantitative Equity Fund returned -6.68% (I Shares) while its benchmark, the S&P 500 Index, returned -5.08%.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

In late July and early August, a severe disruption in the markets resulted in a 300 basis point (3.00%) relative performance drop and subsequent recovery over a span of just a few days. The disruption was most likely due to the liquidation of a large hedge fund suffering from a squeeze in the credit market. This liquidation applied downward pressure on stocks most investors would describe as having attractive characteristics. At the same time, the stocks possessing unfavorable characteristics were moving upward as impacted funds were forced to cover their short positions as they exited the trade. In the months that followed the temporary dislocation of the markets, the Fund rallied over 800 basis points (8.00%) in relative outperformance and was ahead of the benchmark by year-end.

On a more specific note, the Fund had strong outperformance in Financials and good results in Healthcare as well. The Fund suffered some setbacks in Information Technology by not owning some stocks that strongly outperformed in the middle of 2007.¹

For 2008 year to date, the markets have been changing and volatile and the trend following aspects of the models have not positively contributed, leading to a slight underperformance. We are confident the models long-term positive track record could once again show itself in the coming year.¹

How do you plan to position the Fund, based on market conditions?

We continue to believe that the most holistic method of portfolio construction is to have generally constant exposure to various classes of stock selection factors as opposed to only one or a few classes. Because these classes of factors are not perfectly correlated, we hope that the relative performance of the Fund will be less erratic than a strategy that focuses on only one or two classes. With this concept in mind, we feel that the Fund is currently well positioned for outperformance in a variety of market environments.¹


¹		Portfolio composition subject to change.

LARGE CAP QUANTITATIVE EQUITY FUND

This chart assumes an initial hypothetical investment of $10,000 made on 8/07/03. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the S&P 500 Index which is an index of 500 selected common stocks, most of which are listed on the New York Stock Exchange, and is a measure of the U.S. Stock market as a whole. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


				Average Annual Total Returns as of 3/31/08
										Since
Large Cap Quantitative Equity Fund		Inception Date		1 Year			3 Year			Inception

A Shares	without sales charge		10/08/03		-6.96	%		3.14	%		7.37	%
	with sales charge*				-12.29	%		1.13	%		5.97	%
C Shares	without CDSC		10/13/03		-7.62	%		2.40	%		6.01	%
	with CDSC*				-8.44	%		2.40	%		6.01	%
I Shares			08/07/03		-6.68	%		3.41	%		10.35	%
S&P 500 Index					-5.08	%		5.84	%		—


Prospectus Expense Ratio¹	Gross

A Shares		1.17	%
C Shares		1.92	%
I Shares		0.92	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LARGE CAP VALUE EQUITY FUND

Portfolio Manager

•

Mills Riddick,CFA

Investment Concerns

Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities. The net asset value per share of this Fund will fluctuate as the value of the securities in the portfolio changes. Value-based investments are subject to the risk that the broad market may not recognize their intrinsic value.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12-month period ended March 31, 2008, the Large Cap Value Equity Fund returned -7.07% (I Shares) versus a -9.99% return for the Russell 1000^® Value Index. The Fund benefited from overweight in Industrials, with a slight benefit from stock selection during the period ended March 31, 2008. Emerson Electric Co. (EMR) appreciated as the company held steadfast in product investment throughout the cycle and benefited from share gains as its late cycle markets continue to show strength. Trane Inc (TT) was a top performer owing to its acquisition by Ingersoll-Rand. Stock selection in Healthcare negatively affected performance with weakness arising from Brookdale Senior Living (BKD). Brookdale Senior Living (BKD) was negatively impacted as fears relating to the housing crisis caused a slowdown in senior living. Due to the stock’s high payout ratio, the slowdown rendered it unable to cover its dividend. The Fund benefited from stock selection in the Information Technology sector as First Data (FDC) appreciated when a private equity buyer acquired it at a premium. From an allocation standpoint, the Fund benefited from an underweight to the Financials sector, which outperformed the overall benchmark as the Fund reduced its weight due to concerns over the inverted yield curve and continued credit problems in the sub prime market. Stock selection and allocation provided a significant positive impact to performance in Consumer Staples. Colgate-Palmolive Co. (CL) and ConAgra Foods Inc. (CAG) appreciated owing to strong international sales in addition to benefiting from an investor flight to safety in consumer staples. CVS Caremark Corp. (CVS) benefited from a better than expected integration of the Caremark acquisition. Lastly, the Fund outperformed the benchmark in Utilities due to outstanding stock selection. Xcel Entergy (ETR) aided performance as increased earnings from Entergy-Nuclear drove better than expected results. FPL Group Inc. (FPL) aided by strong earnings growth resulting from its strong growth in its wind energy business.¹

What factors influenced the Fund’s performance for the period ended March 31, 2008?

As previously noted, our Health Care holdings hurt performance versus our benchmark for the 12-month period. On a positive note, our bets in Energy, Utilities, and weighting in Financials continue to pay off as a softening economy continues to present favorable investing opportunities at attractive valuations.¹

How do you plan to position the Fund, based on market conditions?

The Fund increased its weight in Consumer Discretionary stocks to an equal weight position as sector weakness has provided numerous opportunities, such as Darden Restaurants, which traded down significantly following weaker than expected quarterly earnings report and is now trading at recession levels. The Fund is slightly underweight in Energy but has solid positions in integrated oil companies with significant refining assets. The Fund increased its weighting in Financial stocks, although we are still underweight in the sector. We also reduced our exposure to Industrial and Material stocks during the quarter as many of our holdings reached their target prices. We continue to look for new ideas in the Financial and Consumer Discretionary space as valuations are becoming very attractive in those sectors. The Fund will continue to focus on finding high quality companies with well-defined policies trading at discounts to their historical valuations. As we reduce exposure to those segments with recent strong performance, we will rotate towards those sectors providing a more favorable risk/reward profile. ¹


¹		Portfolio composition subject to change.

LARGE CAP VALUE EQUITY FUND

The Fund’s performance is compared to Russell 1000^® Value Index which is composed of the securities in the Russell 1000^® Index with a less-than-average growth orientation. Companies in this index generally have low price-to-book and price-to-earnings ratios, higher dividend yields, and lower forecasted growth values. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
Large Cap Value Equity Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		-7.37	%		5.88	%		12.53	%		3.89	%
	with sales charge*		-12.69	%		3.80	%		11.19	%		3.28	%
C Shares	without CDSC		-7.93	%		5.19	%		11.74	%		3.15	%
	with CDSC*		-8.75	%		5.19	%		11.74	%		3.15	%
I Shares			-7.07	%		6.23	%		12.91	%		4.27	%
Russell 1000^® Value Index			-9.99	%		6.01	%		13.68	%		5.54	%


Prospectus Expense Ratio¹	Gross

A Shares		1.13	%
C Shares		1.83	%
I Shares		0.83	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

MID-CAP CORE EQUITY FUND

Portfolio Manager

•		Charles B. Arrington, CFA

•		Scott Yuschak, CFA

Investment Concerns

Mid-capitalization funds typically carry additional risks since smaller companies generally have a higher risk of failure.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Mid-Cap Core Equity Fund returned -9.73% (I Shares) for the 12-month period ended March 31, 2008. The Fund’s benchmark, the Russell Midcap^® Index, returned -8.92% for the same period. After starting strongly in the first quarter of the fiscal year, equity markets transitioned to a corrective phase driven by slowing economic growth, a decline in real estate markets, and deterioration in the credit markets. As these challenges grew over the course of the year, investment returns fell under increasing pressure with the third and fourth quarters well into negative territory.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The shifting economic backdrop had the most direct impact on the consumer discretionary and financial services sectors of the market and it was in those areas where the Fund experienced the greatest pressure. Although exposure to both areas was effectively reduced as the year progressed, we did see a number of negative earnings surprises and general pressure on share prices. Importantly, many of the mortgage-related and more highly credit-sensitive issues were removed from the portfolio in the first half of the fiscal year. The ongoing popularity of emerging market and commodity-related themes also affected results as we have taken a more conservative approach to these areas given the late stages of the economic cycle. On the positive side, the Fund’s more neutrally weighted energy holdings experienced strong returns, as did a number of holdings in the more defensive Healthcare and Consumer Staples areas. The Fund also benefited from a number of takeover transactions over the course of the year.¹

How do you plan to position the Fund, based on market conditions?

The credit and economic issues facing the markets will take time to work through the system. Yet, there are signs that fears and the associated discounting in stock prices are fairly well advanced. Whether or not the economy experiences a recession, it appears stocks are increasingly priced for one. But with a strong policy response in place, slower but still positive global growth, reasonable valuation levels and general strength in corporate balance sheets and cash flows, the upcoming fiscal year brings the potential of a recovery from recent challenges.

Strategically, we are generally pleased with the portfolio’s positioning. Over the past year, we have made adjustments to improve the growth profile, lower credit risk, and emphasize financial strength. Despite the recent correction in growth names, we continue to believe positioning for growth but at reasonable prices is the correct path. Our sector emphasis is relatively neutral right now with increased focus on stock selection and sustainability of earnings growth.¹


¹		Portfolio composition subject to change.

MID-CAP CORE EQUITY FUND

The Fund’s performance is compared to the Russell Midcap^® Index, which is a capitalization weighted index that tracks performance of the smallest 800 securities as ranked by total market capitalization, in the medium-sized securities universe. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


	Average Annual Total Returns as of 3/31/08
Mid-Cap Core Equity Fund	1 Year			3 Year			5 Year			10 Year

A Shares without sales charge		-10.02	%		5.47	%		13.03	%		3.40	%
with sales charge*		-15.19	%		3.40	%		11.70	%		2.79	%
C Shares without CDSC		-10.62	%		4.73	%		12.29	%		2.74	%
with CDSC*		-11.41	%		4.73	%		12.29	%		2.74	%
I Shares		-9.73	%		5.79	%		13.44	%		3.81	%
Russell Midcap^® Index		-8.92	%		7.36	%		16.31	%		7.65	%


Prospectus Expense Ratio¹	Gross
A Shares		1.37	%
C Shares		2.07	%
I Shares		1.07	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

MID-CAP VALUE EQUITY FUND

Portfolio Manager

•

Don Wordell, CFA

Investment Concerns

Mid capitalization funds typically carry additional risks since smaller companies generally have a higher risk of failure.

Value-based investments are subject to the risk that the broad market may not recognize their intrinsic value.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Mid-Cap Value Equity Fund returned -9.75% (I Shares) for the 12-month period ended March 31, 2008, outperforming the Russell Midcap^® Value Index which returned -14.12% for the period. The Fund outperformed the Lipper Mid Cap Value Index¹ peer group by 17 basis points (0.17%), which declined -9.92% over the same time period. The Fund benefited from an underweight to the Index within the Financials sector for the period ended March 31, 2008. Two securities significantly affected performance for the year were First Charter Corp. (FCTR), a regional financial services company that agreed to be acquired by Fifth Third Bank and Annaly Capital Management (NLY), which reacted positively as they benefited from federal fund rate cuts. Stock selection in Information Technology also contributed to the Fund’s outperformance against the benchmark, as Seagate Technology Inc. (STX) benefited from improved industry pricing to owing better-than-expected fundamentals around the seasonally strong back-to-back school and holiday periods. First Data Corp capitalized on a private equity buyer acquiring the company at a premium and Tektronix (TEK) advanced as Danaher acquired the company. Stock selection in Utilities positively influenced performance, particularly Public Service Enterprise Group (PEG), as they were rewarded with a higher multiple resulting from low marginal cost and strong earnings. Entergy (ETR) aided performance as increased earnings from Entergy-Nuclear helped drive better than expected results. Lastly, the Fund was able to benefit from a combination of stock selection and an overweight allocation in Industrials. Forward Air Corp (FWRD) appreciated as the company’s superior freight forwarding platform pushed a major competitor into bankruptcy.²

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The fiscal year was marked by a steep decline in the equity markets as negative news flows fueled fears of a U.S. recession. Volatility was financial companies continued to write down assets, consumer spending decreased and commodity prices increased. Actions were taken during the year as the Federal Reserve intervened by lowering key interest rates and President Bush signed the stimulus package, but we have yet to see a significant positive impact from those actions. All these factors, to some degree, affected the Fund’s overall performance.

How do you plan to position the Fund, based on market conditions?

During the year, the Fund decreased its weighting in Utilities; however we believe that it is a long-term strategy with moderate growth potential going forward. The Fund increased its weighting in Information Technology as demand has been quite healthy and we believe companies should continue to benefit from domestic and international spending. Financials continues to be underweight; still we are becoming less bearish as declines in financial valuations are making stocks more attractive.²

We will continue to adhere to our Value process, which uncovers stocks that pay secure dividends, trade at or near the lower third of historical valuation, and possess financial stability. If any one of the above-mentioned criteria (yield, valuation, fundamentals) erodes, the stock is sold from the portfolio. The Fund will not abandon or massage the process to capture short-term performance, as history has shown, valuation disconnects tend to revert to normalcy.


¹		The Lipper Mid Cap Value Funds Index is comprised of mutual funds that, by portfolio practice, invest at least 75% of their equity assets in companies with market capitalizations (on a three-year weighted basis) less than 300% of the dollar-weighted median market capitalization of the middle 1,000 securities of the S&P SuperComposite 1500 Index. Mid-cap value funds typically have a below-average price-to-earnings ratio, price-to-book ratio, and three-year sales-per-share growth value, compared to the S&P MidCap 400 Index.

²		Portfolio composition subject to change.

MID-CAP VALUE EQUITY FUND

This chart assumes an initial hypothetical investment of $10,000 made on 11/30/01. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Russell Midcap^® Value Index, which is a widely recognized index that measures the performance of the companies in the Russell universe with lower price-to-earnings ratios and lower forecasted growth values. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


	Average Annual Total Returns as of 3/31/08
												Since
Mid-Cap Value Equity Fund	Inception Date		1 Year			3 Year			5 Year			Inception

A Shares without sales charge		10/27/03		-10.03	%		7.86	%		N/A			11.99	%
with sales charge*				-15.20	%		5.74	%		N/A			10.51	%
C Shares without CDSC		11/30/01		-10.72	%		7.14	%		15.46	%		7.10	%
with CDSC*				-11.45	%		7.14	%		15.46	%		7.10	%
I Shares		11/30/01		-9.75	%		8.20	%		16.43	%		7.98	%
Russell Midcap^® Value Index				-14.12	%		6.57	%		16.77	%		—


Prospectus Expense Ratio¹	Gross
A Shares		1.36	%
C Shares		2.06	%
I Shares		1.06	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

SELECT LARGE CAP GROWTH STOCK FUND

Portfolio Manager

•		Christoper Guinther

•		Joe Ransom, CFA

•		Michael A. Sansoterra

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the fiscal year ended March 31, 2008 the Select Large Cap Growth Stock Fund returned 5.30% (I Shares) while the Russell 1000^® Growth Index returned -0.75%. The Fund exceeded the benchmark by 605 basis points (6.05%) with the vast percentage of the outperformance attributed to positive stock selection.

Stock selection added value in seven economic sectors. The strongest performance came from the financial stocks owned. The Fund’s financial stocks were up over 20% for the year while the financial sector of the Russell 1000^® Growth Index was down 15.4%. The Fund avoided the mortgage related companies, money center banks and brokerage firms and focused on insurance and asset management firms.¹

The second best performing group of stocks was the Fund’s Healthcare holdings. Gilead Sciences, a biotechnology company, Express Scripts, a pharmacy benefits manager, and Thermo Fisher Scientific, primarily a life and lab sciences firm, were among the best performers for company specific reasons. Additionally, good stock selection within Consumer Discretionary and Materials sectors added positive incremental return during the year.¹

What factors influenced the Fund’s performance for the period ended March 31, 2008?

During March 2007, the Fund’s portfolio management team was restructured and new investment professionals were hired; the new investment team implemented additional risk control metrics, new compensation incentives, and restructured talent. This new team significantly outperformed the benchmark for the calendar year period 2007, and the Fund’s return exceeds the benchmark for the fiscal year.

How do you plan to position the Fund, based on market conditions?

The portfolio management team does not attempt to position the Fund based on predictions of macro-economic conditions. The strategy utilizes a balanced approach to stock selection. This balanced approach combined with multi-dimensional risk decomposition tools allows the portfolio managers to control active risk through portfolio construction. The portfolio managers actively monitor the components of the systematic risk and aim to ensure that most of the risk relative to the index is derived from non-systematic (stock specific) risk. Sector rotation and tactical sector allocations are generally not utilized. Our investment strategy is objective, balanced and designed to enable out-performance in most market cycles.


¹		Portfolio composition subject to change.

²		Alpha measures a fund’s risk-adjusted performance and represents the difference between a fund’s actual performance and its expected performance, given its level of risk as measured by beta.

SELECT LARGE CAP GROWTH STOCK FUND

The Fund’s performance is compared to the Russell 1000^® Growth Index which offers investors access to the large-cap growth segment of the U.S. equity universe. The index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


	Average Annual Total Returns as of 3/31/08
Select Large Cap Growth Stock Fund^†	1 Year			3 Year			5 Year			10 Year

A Shares without sales charge		4.98	%		5.43	%		8.20	%		1.95	%
with sales charge*		-1.06	%		3.36	%		6.93	%		1.34	%
C Shares without CDSC		4.21	%		4.68	%		7.41	%		1.12	%
with CDSC*		3.21	%		4.68	%		7.41	%		1.12	%
I Shares		5.30	%		5.74	%		8.51	%		2.09	%
Russell 1000^® Growth Index		-0.75	%		6.33	%		9.96	%		1.28	%


Prospectus Expense Ratio¹	Net			Gross
A Shares		1.25	%		1.28	%
C Shares		1.95	%		1.98	%
I Shares		0.95	%		0.98	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses from exceeding 1.25%, 1.95% and 0.95% for A, C, and I Shares, respectively. Without these fee waivers, performance would have been lower.


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

^†		The I Shares were offered beginning on December 11, 1998. The performance quoted represents past performance of SunTrust Bank’s internally managed common trust fund, adjusted for fees and expenses prior to that date. The common trust fund was not registered under the 1940 Act and therefore was not subject to certain investment restrictions, which may have adversely affected performance. The A and C Shares were offered beginning on October 14, 2003 and December 15, 1998, respectively. The performance shown prior to such dates is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share or C Share expenses. If it had been, performance would have been lower.

SMALL CAP GROWTH STOCK FUND

Portfolio Manager

•		Christopher Guinther

•		Michael A. Sansoterra

Investment Concerns

Small capitalization funds typically carry additional risks since smaller companies generally have a higher risk of failure.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the fiscal year ended March 31, 2008 the Small Cap Growth Stock Fund returned -7.09% (I Shares) exceeding the -8.94% return for the Russell 2000^® Growth Index by 185 basis points (1.85%). The vast percentage of the relative outperformance occurred due to positive stock selection. Stock selection was positive on a relative basis in all-economic sectors of the market with Information Technology being the exception.¹

The Fund’s return within the Technology sector was (26.8%) with the biggest detractors being enterprise networking companies, wireless distributors, and wireless semiconductor manufacturers. Networking technology stocks performed poorly as the slowdown in IT spending became more pronounced in the first quarter of 2008. Company specific execution issues were the primary cause of the Fund’s poor performance within the wireless industry.¹

Stock selection within the Consumer Discretionary and Healthcare sectors exceeded the benchmark by more than 100 basis points (1.00%) in each sector for the fiscal year ended March 31, 2008. Several of the Fund’s holdings within biotechnology and pharmaceutical industries gained more than 75%. Specifically, the big winners were BioMarin Pharmaceutical Inc., Meridian Bioscience Inc., LifeCell Corp., and MGI Pharma Inc. Additionally, several consumer related stocks added value for the Fund’s shareholder—Crocs, Chipotle, Priceline.com and Deckers Outdoor all performed well. These stocks had very strong business fundamentals and accelerating earning growth.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The small cap growth investment team was restructured in March 2007. The lead Portfolio Manager implemented additional risk control metrics, new compensation incentives, and rationalized talent and new investment professionals were hired. This new team stabilized the Fund’s poor performance that occurred in calendar 2006, and results improved dramatically. The Fund’s return exceeds the benchmark for the current fiscal year.

How do you plan to position the Fund, based on market conditions?

The portfolio management team does not attempt to position the Fund based on predictions of macro-economic conditions. The strategy utilizes a balanced approach to stock selection. This balanced approach combined with multi-dimensional risk decomposition tools allows the portfolio managers to control active risk through portfolio construction. The portfolio managers actively monitor the components of the systematic risk and aim to ensure that most of the risk relative to the index is derived from non-systematic (stock specific) risk. Sector rotation and tactical sector allocations are generally not utilized. The portfolio will be relatively sector and characteristic neutral to the index as the investment team attempts to generate alpha² through superior, bottom-up stock selection. Our investment strategy is objective, balanced and designed to enable out-performance in most market cycles.


¹		Portfolio composition subject to change.

²		Alpha measures a fund’s risk-adjusted performance and represents the difference between a fund’s actual performance and its expected performance, given its level of risk as measured by beta.

SMALL CAP GROWTH STOCK FUND

This chart assumes an initial hypothetical investment of $10,000 made on 10/08/98. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Russell 2000^® Growth Index which is composed of the securities found in the Russell 2000^® Index with a greater-than-average growth orientation. Companies in this index tend to exhibit higher price-to-book and price-to-earnings ratios. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08
												Since
Small Cap Growth Stock Fund	Inception Date^†		1 Year			3 Year			5 Year			Inception
A Shares without sales charge		10/08/98		-7.33	%		2.68	%		13.73	%		10.87	%
with sales charge*				-12.67	%		0.68	%		12.39	%		10.18	%
C Shares without CDSC		10/08/98		-7.98	%		1.98	%		12.98	%		10.08	%
with CDSC*				-8.60	%		1.98	%		12.98	%		10.08	%
I Shares		10/08/98		-7.09	%		3.00	%		14.11	%		11.20	%
Russell 2000^® Growth Index				-8.94	%		5.74	%		14.24	%		—


Prospectus Expense Ratio¹	Gross
A Shares		1.49	%
C Shares		2.19	%
I Shares		1.19	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		For periods prior to December 10, 1999 (A Shares), the quoted performance reflects the performance of the Class I Shares.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

SMALL CAP VALUE EQUITY FUND

Portfolio Manager

•

Brett Barner, CFA

Investment Concerns

Small capitalization funds typically carry additional risks since smaller companies generally have a higher risk of failure. Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities. The net asset value per share of this Fund will fluctuate as the value of the securities in the portfolio changes. Value-based investments are subject to the risk that the broad market may not recognize their intrinsic value.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12-month period ended March 31, 2008, the Small Cap Value Equity Fund returned -11.23% (I Shares) versus a return of -16.88% for the benchmark, the Russell 2000^® Value Index.

The primary reasons for outperformance relative to the Index was an overweight position combined with superior stock selection in Industrials. Dynamic Materials (BOOM) was a top performer as they benefited from exposure to oil & gas infrastructure build-outs worldwide. Grupo Aeroportuario del Pacifico (PAC), an airport operator in Mexico, advanced due to takeover speculation, favorable tax regulation, and low-cost carriers continuing to drive domestic demand growth. As a maker of mass transit and rail equipment, Wabtec (WAB) benefited from a shift towards personal travel by subway and freight movement by rail because of record high oil prices. Stock selection combined with an overweight position in Energy was also a significant contributor to performance. CHC Helicopter (FLI) advanced after an announcement that they agreed to be acquired by a private equity firm. Foundation Coal Holdings (FCL) benefited from favorable dynamics in the coal market. RPC Inc. (RES), an oil & gas services company, was higher due to the rise in natural gas prices and an anticipated increase in drilling activity in the U.S., which in turn should lead to an increase in demand for their services. The Fund’s underweight position in Financials relative to the Index also contributed nicely to performance.¹

Stock selection in Information Technology was a significant detractor to performance. Global payment services company MoneyGram International (MGI) was lower due to a material impairment to assets on the balance sheet of the finance company. Fair Isaac (FIC) was down due to slowing fundamentals and valuation compression. Stock selection in Materials also hampered performance. Louisiana Pacific (LPX) declined as their principal business of supplying building products to the residential housing market suffered from weak housing starts. Harry Winston Diamond (HWD) declined due to the company making significant investments to further the life of its diamond mines by developing plans to go underground. This inherently adds risk to production and has caused a sell off in the stock. Lastly, the Fund’s overweight position in the Consumer Discretionary sector also detracted from performance.¹

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The past year was marked with a high degree of volatility as the housing market continued to deteriorate, the credit crisis unfolded, and the consumer began to be stretched thin. Commodity costs also significantly increased throughout the year, putting a great deal of pressure on many companies’ bottom lines. The Federal Reserve cut interest rates by more than half in response to the declining macro environment but we have yet to see a significant positive impact from those actions. All of these factors, to some degree, had an impact on our holdings.

How do you plan to position the Fund, based on market conditions?

The Fund will continue to utilize its bottom-up approach to stock selection. The process seeks dividend-paying stocks trading at the lower end of historical trading ranges, which display characteristics of financial strength and possess an identifiable catalyst to assist in realizing true value. The Fund does not make active sector allocations but allows the process to define sector weights. The Fund will rely on the process for direction when making alterations to sector positions.¹

Due to the numerous investment opportunities we have found in the Consumer Discretionary space, the Fund is now significantly overweight in that sector at 24.5% versus the Index at 11.4%. The Fund remains overweight in Healthcare at 13.9% versus the Index at 5.7% because of the many companies with attractive valuations. While still overweight in Industrials at 20.5% versus the Index at 12.8%, we reduced our holdings in that sector throughout the year as many of our holdings reached their target price. Although the Fund is underweight in Financials at 19.7% versus the Index at 32.6%, we are looking to add to this sector as we see opportunities in companies that have sold off significantly due to concerns about their balance sheet that we believe are overdone. Information Technology remains an area where we are significantly underweight, at 4.8% versus the Index at 12.1%, due to the limited number of companies with attractive valuations. The Fund is also underweight Utilities at 1.1% versus the Index at 5.7% as we are finding better opportunities in other sectors and have concerns regarding the regulatory environment going into an election year.¹


¹		Portfolio composition subject to change.

SMALL CAP VALUE EQUITY FUND

The Fund’s performance is compared to the Russell 2000^® Value Index which is composed of the securities in the Russell 2000^® Index with a less-than-average growth orientation. Companies in this index generally have low price-to-book and price-to-earnings ratios. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


	Average Annual Total Returns as of 3/31/08
Small Cap Value Equity Fund	1 Year			3 Year			5 Year			10 Year

A Shares^† without sales charge		-11.48	%		7.36	%		17.23	%		8.38	%
with sales charge*		-16.57	%		5.27	%		15.85	%		7.74	%
C Shares^† without CDSC		-11.41	%		7.36	%		17.05	%		7.73	%
with CDSC*		-12.04	%		7.36	%		17.05	%		7.73	%
I Shares		-11.23	%		7.61	%		17.57	%		8.53	%
Russell 2000 ^® Value Index		-16.88	%		4.33	%		15.45	%		7.46	%


Prospectus Expense Ratio¹	Gross
A Shares		1.44	%
C Shares		1.44	%
I Shares		1.19	%


*		Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

^†		The A and C Shares were offered beginning October 9, 2003 and June 6, 1997, respectively. The performance shown prior to such dates is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share or C Share expenses. If it had been, performance would have been lower.

LIFE VISION AGGRESSIVE GROWTH FUND

Portfolio Manager

•

Alan Gayle

Investment Concerns

Stocks are more volatile and carry more risk and return potential than other forms of investments. Bonds offer a relatively stable level of income, although bond prices will fluctuate, providing the potential for principal gain or loss. Cash equivalents offer low risk and low return potential.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Life Vision Aggressive Growth Fund (I Shares) outperformed its Lipper peer group and the Fund’s Hybrid benchmark index for the fiscal year ended March 31, 2008. The Fund returned -4.59% (I Shares), the Lipper Multi-Cap Core Funds Average¹ returned -5.57% and the Hybrid Index returned -5.53% for the period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

How do you plan to position the Fund, based on market conditions?

We believe the slow growth economic environment at the beginning of the new fiscal year is creating opportunities in several sectors and asset classes. We will adjust our market exposure to these emerging opportunities using our investment discipline metrics of absolute and relative valuation, economic and policy support, and liquidity and sentiment indicators.²

¹The Lipper Multi-Cap Core Funds Average is comprised of mutual funds that invest in a variety of market capitalization ranges, without concentrating 75% of their equity assets in any one market capitalization range over an extended period of time. Multi-Cap funds will generally have between 25% to 75% of their assets invested in companies with market capitalizations (on a three-year weighted basis) above 300% of the dollar-weighted median market capitalization of the S&P Mid-Cap 400 Index. Multi-Cap Core funds have wide latitude in the companies in which they invest. These funds will normally have an average price-to-earnings ratio, price-to-book ratio, and three-year earnings growth figure, compared to the U.S. diversified multi-cap equity funds universe average.

LIFE VISION AGGRESSIVE GROWTH FUND

Effective January 1, 2007, the Fund transitioned its benchmark from a Hybrid 90/10 Blend of the S&P 500 Index and the Citigroup 3-Month Treasury Bill Index to a Hybrid 85/15 blend of the Russell 3000^{^®}Index and the MSCI EAFE Index in order to on reflect broader and more diversified investment options in the Underlying Funds. The Russell 3000^® Index measures the performance of the 3000 largest U.S. companies based on total market capitalization. The MSCI EAFE Index comprises 20 of the 48 countries in the MSCI universe, and represents the developed world outside of North America. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Life Vision		Average Annual Total Returns as of 3/31/08
Aggressive Growth Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		-4.88	%		5.68	%		11.75	%		4.07	%
	with sales charge*		-10.34	%		3.62	%		10.44	%		3.46	%
B Shares	without CDSC		-5.25	%		5.22	%		11.24	%		3.81	%
	with CDSC*		-9.22	%		4.09	%		10.97	%		3.81	%
C Shares	without CDSC		-5.56	%		4.96	%		11.39	%		3.90	%
	with CDSC*		-6.35	%		4.96	%		11.39	%		3.90	%
I Shares			-4.59	%		6.00	%		12.06	%		4.21	%
Russell 3000^® Index			-6.06	%		6.10	%		12.07	%		3.88	%
MSCI EAFE Index			-2.70	%		13.32	%		21.40	%		6.18	%
Hybrid Index (85% of the Russell 3000^® Index and 15% of the MSCI EAFE Index)			-5.53	%		7.19	%		13.45	%		4.27	%


Prospectus Expense Ratio¹	Gross
A Shares		1.37	%
B Shares		1.82	%
C Shares		2.07	%
I Shares		1.07	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses (excluding underlying fund fees and expenses) from exceeding 0.50%, 0.95%, 1.20% and 0.20% for A, B, C and I Shares, respectively. Without these fee waivers, performance would have been lower. The indirect expenses of the Fund, which represent a pro-rata share of the expenses of the underlying funds in which the Fund invests, totaled 0.89% of net assets and are included in the expense ratios listed in the table above.


*		Class A Share performance reflects the maximum front-end sales charge of 5.75%, Class B Share performance reflect the maximum applicable CDSC (contingent deferred sales charge) and Class C Share performance reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The A Shares, B Shares and C Shares were offered beginning on October 16, 2003, March 11, 2003, and April 4, 2005, respectively. The performance shown prior to such dates is based on performance of the I Shares of the Fund, and has not been adjusted to reflect A Share, B Share or C Share expenses. If it had been, performance would have been lower.

		Class B Shares are closed to new investors.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIFE VISION CONSERVATIVE FUND

Portfolio Manager

•

Alan Gayle

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Life Vision Conservative Fund (I Shares) outperformed its Lipper peer group for the fiscal year ended March 31, 2008 and underperformed its Hybrid benchmark index. The Fund returned 3.02% (I Shares), the Lipper Corporate Debt BBB-Rated Funds Average¹ returned 2.89% and the Hybrid Index returned 5.03% for the period ended March 31, 2008.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Overall, the Fund’s relative performance was due to emphasis on Large-Cap and International equities as well as the Growth style. Outperformance by many of the individual component funds also contributed to the outperformance of the Life Vision Conservative Fund in relation to the Fund’s peer group. A higher cash position in the second half of the fiscal year also cushioned portfolio performance.²

How do you plan to position the Fund, based on market conditions?

¹ The Lipper Corporate Debt BBB-Rated Funds Average is comprised of mutual funds that invests at least 65% of their assets in corporate and government debt issues rated in the top four grades.

LIFE VISION CONSERVATIVE FUND

This chart assumes an initial hypothetical investment of $10,000 made on 3/11/03. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

Effective January 1, 2007, the Fund transitioned its benchmark from a Hybrid 70/20/10 Blend of the Lehman Brothers U.S. Aggregate Index, S&P 500 Index and the Citigroup 3-Month Treasury Bill Index to a Hybrid 80/17/3 blend of the Lehman Brothers U.S. Aggregate Index, Russell 3000^® Index and the MSCI EAFE Index in order to reflect broader and more diversified investment options in the Underlying Funds. The Russell 3000^® Index measures the performance of the 3000 largest U.S. companies based on total market capitalization. The Lehman Brothers U.S. Aggregate Index is widely used to measure the overall performance of the U.S. bond market. The MSCI EAFE Index comprises 20 of the 48 countries in the MSCI universe, and represents the developed world outside of North America. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


				Average Annual Total Returns as of 3/31/08
Life Vision													Since
Conservative Fund		Inception Date^†		1 Year			3 Year			5 Year			Inception

A Shares	without sales charge		03/11/03		2.75	%		4.66	%		5.89	%		5.72	%
	with sales charge*				-2.15	%		2.99	%		4.86	%		4.71	%
B Shares	without CDSC		03/11/03		2.23	%		4.18	%		5.47	%		5.31	%
	with CDSC*				-2.65	%		2.94	%		5.15	%		5.31	%
C Shares	without CDSC		03/11/03		2.03	%		4.01	%		5.59	%		5.42	%
	with CDSC*				1.06	%		4.01	%		5.59	%		5.42	%
I Shares			03/11/03		3.02	%		4.95	%		6.16	%		5.99	%
Lehman Brothers U.S. Aggregate Index					7.67	%		5.48	%		4.58	%		—
Russell 3000^{^®} Index					-6.06	%		6.10	%		12.07	%		—
MSCI EAFE Index					-2.70	%		13.32	%		21.40	%		—
Hybrid Index (80% of the Lehman Brothers U.S. Aggregate Index, 17% of the Russell 3000^® Index and 3% of the MSCI EAFE Index)					5.03	%		5.90	%		6.40	%		—


Prospectus Expense Ratio¹	Net			Gross
A Shares		0.96	%		1.10	%
B Shares		1.41	%		1.55	%
C Shares		1.66	%		1.80	%
I Shares		0.66	%		0.80	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses (excluding underlying fund fees and expenses) from exceeding 0.50%, 0.95%, 1.20% and 0.20% for A, B, C and I Shares, respectively. Without these fee waivers, performance would have been lower. The indirect expenses of the Fund, which represent a pro-rata share of the expenses of the underlying funds in which the Fund invests, totaled 0.46% of net assets and are included in the expense ratios listed in the table above.


*		Class A Share performance reflects the maximum front-end sales charge of 5.75%, Class B Share performance reflect the maximum applicable CDSC (contingent deferred sales charge) and Class C Share performance reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The A Shares, C Shares and I Shares were offered beginning on November 11, 2003, April 3, 2005, and November 6, 2003, respectively. The performance shown prior to such dates is based on performance of the B Shares of the Fund, and has not been adjusted to reflect A Share, C Share or I Share expenses. If it had been, performance would have been lower.

		Class B Shares are closed to new investors.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIFE VISION GROWTH AND INCOME FUND

Portfolio Manager

•

Alan Gayle

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Life Vision Growth and Income Fund (I Shares) outperformed its Lipper peer group for the fiscal year ended March 31, 2008 and underperformed its Hybrid benchmark index. The Fund returned -2.16% (I Shares), the Lipper Multi-Cap Value Funds Average¹ returned -11.06% and the Hybrid Index returned -0.90% for the period ended March 31, 2008.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Overall, the Fund’s relative performance was due to emphasis on Large-Cap and International equities as well as the Growth style. Outperformance by many of the individual component funds also contributed to the outperformance of the Life Vision Growth and Income Fund in relation to its peer group. A higher cash position in the second half of the fiscal year also cushioned portfolio performance.²

How do you plan to position the Fund, based on market conditions?

¹ The Lipper Multi-Cap Value Funds Average is comprised of mutual funds that invest in a variety of market capitalization ranges, without concentrating 75% of their equity assets in any one market capitalization range over an extended period of time. Multi-Cap funds will generally have between 25% to 75% of their assets invested in companies with market capitalizations (on a three-year weighted basis) above 300% of the dollar-weighted median market capitalization of the S&P Mid-Cap 400 Index. Multi-Cap Value funds seek long-term growth of capital by investing in companiesthat are considered to be undervalued relative to a major unmanaged stock index based on price-to-current earnings, book value, asset value, or other factors. These funds will normally have a below-average price-to-earnings ratio, price-to-book ratio, and three-year earnings growth figure, compared to the U.S. diversified multi-cap funds universe average.

LIFE VISION GROWTH AND INCOME FUND

Effective January 1, 2007, the Fund transitioned its benchmark from a Hybrid 65/25/10 Blend of the S&P 500 Index, the Lehman Brothers U.S. Aggregate Index and the Citigroup 3-Month Treasury Bill Index to a Hybrid 55/35/10 blend of the Russell 3000^® Index, the Lehman Brothers U.S. Aggregate Index and the MSCI EAFE Index in order to reflect broader and more diversified investment options in the Underlying Funds. The Russell 3000^® Index measures the performance of the 3000 largest U.S. companies based on total market capitalization. The Lehman Brothers U.S. Aggregate Index is widely used to measure the overall performance of the U.S. bond market. The MSCI EAFE Index comprises 20 of the 48 countries in the MSCI universe, and represents the developed world outside of North America. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Life Vision		Average Annual Total Returns as of 3/31/08
Growth and Income Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		-2.47	%		5.40	%		10.43	%		4.79	%
	with sales charge*		-8.11	%		3.36	%		9.12	%		4.17	%
B Shares	without CDSC		-2.89	%		4.93	%		9.88	%		4.54	%
	with CDSC*		-7.26	%		3.72	%		9.61	%		4.54	%
C Shares	without CDSC		-3.14	%		4.50	%		9.97	%		4.57	%
	with CDSC*		-4.01	%		4.50	%		9.97	%		4.57	%
I Shares			-2.16	%		5.71	%		10.74	%		4.94	%
Lehman Brothers U.S. Aggregate Index			7.67	%		5.48	%		4.58	%		6.04	%
Russell 3000^® Index			-6.06	%		6.10	%		12.07	%		3.88	%
MSCI EAFE Index			-2.70	%		13.32	%		21.40	%		6.18	%
Hybrid Index (55% of the Russell 3000^® Index, 35% of the Lehman Brothers U.S. Aggregate Index and 10% of the MSCI EAFE Index)			-0.90	%		6.73	%		10.43	%		5.19	%


Prospectus Expense Ratio¹	Gross
A Shares		1.22	%
B Shares		1.67	%
C Shares		1.92	%
I Shares		0.92	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses (excluding underlying fund fees and expenses) from exceeding 0.50%, 0.95%, 1.20% and 0.20% for the A, B, C and I Shares, respectively. Without these fee waivers, performance would have been lower. The indirect expenses of the Fund, which represent a pro-rata share of the expenses of the underlying funds in which the Fund invests, totaled 0.75% of net assets and are included in the expense ratios listed in the table above.


*		Class A Share performance reflects the maximum front-end sales charge of 5.75%, Class B Share performance reflect the maximum applicable CDSC (contingent deferred sales charge) and Class C Share performance reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The A Shares, B Shares and C Shares were offered beginning on November 5, 2003, March 11, 2003, and April 5, 2005, respectively. The performance shown prior to such dates is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share, B Share or C Share expenses. If it had been, performance would have been lower.

		Class B Shares are closed to new investors.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIFE VISION MODERATE GROWTH FUND

Portfolio Manager

•

Alan Gayle

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Life Vision Moderate Growth Fund (I Shares) outperformed its Lipper peer group for the fiscal year ended March 31, 2008 and underperformed its Hybrid benchmark index. The Fund returned 0.30% (I Shares), the Lipper Mixed-Asset Target Allocation Moderate Funds Average¹ returned -1.68% and the Hybrid Index returned 1.09%.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Overall, the Fund’s relative performance was due to emphasis on Large-Cap and International equities as well as the Growth style. Outperformance by many of the individual component funds also contributed to the Life Vision Moderate Growth Fund outperformance. A higher cash position in the second half of the fiscal year also cushioned portfolio performance.²

How do you plan to position the Fund, based on market conditions?

¹ The Lipper Mixed-Asset Target Allocation Moderate Funds Average is comprised of mutual funds that maintain a mix of between 40%-60% equity securities, with the remainder invested in bonds, cash, and cash equivalents.

LIFE VISION MODERATE GROWTH FUND

Effective January 1, 2007, the Fund transitioned its benchmark from a Hybrid 50/40/10 Blend of the S&P 500 Index, the Lehman Brothers U.S. Aggregate Index and the Citigroup 3-Month Treasury Bill Index to a Hybrid 50/42/8 blend of the Lehman Brothers U.S. Aggregate Index, the Russell 3000^® Index the and the MSCI EAFE Index in order to reflect broader and more diversified investment options in the Underlying Funds. The Lehman Brothers U.S. Aggregate is comprised of securities that are SEC-registered, taxable, and dollar denominated. The Russell 3000^® Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization, which represents approximately 98 of the investable U.S. equity market. Morgan Stanley Capital International, Europe, Australasia and Far East (MSCI EAFE Index) a widely-recognized, market capitalization index that measures market equity performance based upon indices from 21 foreign and developed markets. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Life Vision		Average Annual Total Returns as of 3/31/08
Moderate Growth Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		-0.02	%		5.23	%		9.06	%		4.64	%
	with sales charge*		-5.74	%		3.17	%		7.78	%		4.01	%
B Shares	without CDSC		-0.46	%		4.77	%		8.55	%		4.37	%
	with CDSC*		-5.22	%		3.55	%		8.26	%		4.37	%
C Shares	without CDSC		-0.66	%		4.42	%		8.64	%		4.43	%
	with CDSC*		-1.61	%		4.42	%		8.64	%		4.43	%
I Shares			0.30	%		5.53	%		9.33	%		4.76	%
Lehman Brothers U.S. Aggregate Index			7.67	%		5.48	%		4.58	%		6.04	%
Russell 3000^® Index			-6.06	%		6.10	%		12.07	%		3.88	%
MSCI EAFE Index			-2.70	%		13.32	%		21.40	%		6.18	%
Hybrid Index (50% Lehman Brothers U.S. Aggregate Bond Index, 42% of the Russell 3000^® Index and 8% of the MSCI EAFE Index)			1.09	%		6.50	%		9.13	%		5.49	%


Prospectus Expense Ratio¹	Gross
A Shares		1.11	%
B Shares		1.56	%
C Shares		1.81	%
I Shares		0.81	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses (excluding underlying fund fees and expenses) from exceeding 0.50%, 0.95%, 1.20% and 0.20% for A, B, C and I Shares, respectively. Without these fee waivers, performance would have been lower. The indirect expenses of the Fund, which represent a pro-rata share of the expenses of the underlying funds in which the Fund invests, totaled 0.64% of net assets and are included in the expense ratios listed in the table above.


*		Class A Share performance reflects the maximum front-end sales charge of 5.75%, Class B Share performance reflect the maximum applicable CDSC (contingent deferred sales charge) and Class C Share performance reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The A Shares, B Shares and C Shares were offered beginning on October 10, 2003, March 11, 2003 and April 5, 2005, respectively. The performance shown prior to such dates is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share, B Share or C Share expenses. If it had been, performance would have been lower.

		Class B Shares are closed to new investors.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIFE VISION TARGET DATE 2015 FUND

Portfolio Manager

•

Alan Gayle

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Life Vision Target Date 2015 Fund (I Shares) underperformed its peer group for the fiscal year ended March 31, 2008 as well as its Hybrid Index. The Fund returned -4.19% (I Shares), the Lipper Mixed-Asset Target 2020 Funds Average¹ returned -2.67% and the Hybrid Index returned 0.03% for the period ended March 31, 2008.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Overall Fund relative performance was strong in the first half of the fiscal year but faded as a result of the sharp equity market correction which reduced relative performance in the second half of the fiscal year. Our emphasis on Large-Cap and International equities as well as the Growth style helped performance, but was not enough to offset the broad decline in the equity markets. A higher cash position in the second half of the fiscal year also cushioned portfolio performance.²

How do you plan to position the Fund, based on market conditions?

¹ The Lipper Mixed-Asset Target 2020 Funds Average is comprised mutual funds that seek to maximize assets for retirement or other purposes with an expected time horizon from January 1, 2016, to December 31, 2020.

LIFE VISION TARGET DATE 2015 FUND

This chart assumes an initial hypothetical investment of $10,000 made on 10/12/05. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the S&P 500 Index, the Lehman Brothers U.S. Aggregate Index, and a Hybrid blend of 60/40 (60% of the S&P 500 Index and 40% of the Lehman Brothers U.S. Aggregate Index). The S&P 500 Index is a market value-weighted index of 500 stocks designed to mimic the overall U.S. equity market’s industry weightings. The Lehman Brothers U.S. Aggregate Index is comprised of securities that are SEC-registered, taxable, and dollar denominated. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Life Vision		Average Annual Total Returns as of 3/31/08
Target Date 2015 Fund		Inception Date^†		1 Year			Since Inception

A Shares	without sales charge		10/12/05		-4.55	%		5.65	%
	with sales charge*				-10.07	%		3.14	%
I Shares			10/12/05		-4.19	%		5.83	%
S&P 500 Index					-5.08	%		—
Lehman Brothers U.S. Aggregate Index					7.67	%		—
Hybrid Index (60% of the S&P500 Index and 40% of the Lehman Brothers U.S. Aggregate Index)					0.03	%		—


Prospectus Expense Ratio¹	Net			Gross
A Shares		1.27	%		3.27	%
I Shares		0.97	%		2.97	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses (excluding underlying fund fees and expenses) from exceeding 0.50% and 0.20%, respectively. Without these fee waivers, performance would have been lower. The indirect expenses of the Fund, which represent a pro-rata share of the expenses of the underlying funds in which the Fund invests, totaled 0.77% of net assets and are included the expense ratios listed in the table above.


*		Class A Share performance reflects the maximum front-end sales charge of 5.75%.

^†		The A Shares were offered beginning 01/04/07. The performance shown prior to such date is that of the I Shares and has not been adjusted to reflect expenses. If it had been, performance would have been lower. The inception date for the I Shares was August 1, 2005, however, no activity occurred in the I Shares until 10/12/05.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIFE VISION TARGET DATE 2025 FUND

Portfolio Manager

•

Alan Gayle

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Life Vision Target Date 2025 Fund (I Shares) underperformed its peer group for the fiscal year ended March 31, 2008 as well as its Hybrid Index. The Fund returned -4.81% (I Shares), the Lipper Mixed-Asset 2030 Funds Average¹ returned -4.33% and the Hybrid Index returned 0.03% for the period ended March 31, 2008.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

How do you plan to position the Fund, based on market conditions?

¹The Lipper Mixed-Asset Target 2030 Funds Average is comprised of mutual funds that seek to maximize assets for retirement or other purposes with an expected time horizon from January 1, 2026, to December 31, 2030.

LIFE VISION TARGET DATE 2025 FUND

This chart assumes an initial hypothetical investment of $10,000 made on 10/21/05. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the S&P 500 Index, the Lehman Brothers U.S. Aggregate Bond Index, and a Hybrid blend of 60/40 (60% of the S&P 500 Index and 40% of the Lehman Brothers U.S. Aggregate Bond Index). The S&P 500 Index is a market value-weighted index of 500 stocks designed to mimic the overall U.S. equity market’s industry weightings. The Lehman Brothers U.S. Aggregate Bond is comprised of securities that are SEC-registered, taxable, and dollar denominated. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


	Average Annual Total Returns as of 3/31/08
Life Vision
Target Date 2025 Fund	Inception Date†		1 Year			Since Inception

A Shares without sales charge		10/21/05		-5.11	%		6.47	%
with sales charge*				-10.58	%		3.91	%
I Shares		10/21/05		-4.81	%		6.73	%
S&P500 Index				-5.08	%		—
Lehman Brothers U.S. Aggregate Index				7.67	%		—
Hybrid Index (60% of the S&P500 Index and 40% of the Lehman Brothers U.S. Aggregate Index)				0.03	%		—


Prospectus Expense Ratio¹	Net			Gross
A Shares		1.35	%		2.43	%
I Shares		1.05	%		2.13	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses (excluding underlying fund fees and expenses) from exceeding 0.50% and 0.20%, respectively Without these fee waivers, performance would have been lower. The indirect expenses of the Fund, which represent a pro-rata share of the expenses of the underlying funds in which the Fund invests, totaled 0.85% of net assets and are included in the expense ratios listed in the table above.

*Class A Share performance reflects the maximum front-end sales charge of 5.75%.

†The A Shares were offered beginning 07/11/06. The performance shown prior to such date is that of the I Shares and has not been adjusted to reflect expenses. If it had been, performance would have been lower. The inception date for the Fund was August 1, 2005, however, no activity occurred in the I Shares until 10/21/05.

¹Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIFE VISION TARGET DATE 2035 FUND

Portfolio Manager

•

Alan Gayle

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31,2008?

The Life Vision Target Date 2035 Fund (I Shares) outperformed its peer group for the fiscal year ended March 31, 2008 though it underperformed its Hybrid Index. The Fund returned -4.70% (I Shares), the Lipper Mixed-Asset Target 2030+ Funds Average¹returned -5.06% and the Hybrid Index returned 0.03% for the period ended March 31, 2008.

What factors influenced the Fund’s performance for the period ended March 31,2008?

Overall, Fund relative performance was due to emphasis on Large-Cap and International equities as well as the Growth style. Outperformance by many of the individual component funds also contributed to the Life Vision Target Date 2035 outperformance. A higher cash position in the second half of the fiscal year also cushioned portfolio performance.²

How do you plan to position the Fund, based on market conditions?

¹The Lipper Mixed-Asset Target 2030+ Funds Average is comprised of mutual funds that seek to maximize assets for retirement or other purposes with an expected time horizon exceeding the year 2030.

LIFE VISION TARGET DATE 2035 FUND

This chart assumes an initial hypothetical investment of $10,000 made on 11/02/05. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the S&P 500 Index, the Lehman Brothers U.S. Aggregate Index, and a Hybrid blend of 60/40 (60% of the S&P 500 Index and 40% of the Lehman Brothers U.S. Aggregate Index). The S&P 500 Index is a market value-weighted index of 500 stocks designed to mimic the overall U.S. equity market’s industry weightings. The Lehman Brothers U.S. Aggregate is comprised of securities that are SEC-registered, taxable, and dollar denominated. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08
Life Vision
Target Date 2035 Fund	Inception Date†		1 Year			Since Inception

A Shares without sales charge		11/02/05		-5.00	%		5.68	%
with sales charge*				-10.46	%		3.11	%
I Shares		11/02/05		-4.70	%		5.91	%
S&P500 Index				-5.08	%		—
Lehman Brothers U.S. Aggregate Index				7.67	%		—
Hybrid Index (60% of the S&P500 Index and 40% of the Lehman Brothers U.S. Aggregate Index)				0.03	%		—


Prospectus Expense Ratio¹	Net			Gross
A Shares		1.37	%		3.62	%
I Shares		1.07	%		3.32	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses (excluding underlying fund fees and expenses) from exceeding 0.50% and 0.20%, respectively. Without these fee waivers, performance would have been lower. The indirect expenses of the Fund, which represent a pro-rata share of the expenses of the underlying funds in which the Fund invests, totaled 0.87% of net assets and are included in the expense ratios listed in the table above.

*Class A Share performance reflects the maximum front-end sales charge of 5.75%.

†The A Shares were offered beginning 05/03/06. The performance shown prior to such date is that of the I Shares and has not been adjusted to reflect expenses. If it had been, performance would have been lower. The inception date for the Fund was August 1, 2005, however, no activity occurred in the I Shares until 11/02/05.

¹Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Aggressive Growth Stock Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (99.7%)
Consumer Discretionary (16.2%)
Best Buy Co., Inc.(a)		75,900		3,147
Blue Nile, Inc.*		142,400		7,711
Coach, Inc.*		166,300		5,014
eBay, Inc.*		231,300		6,902
Focus Media Holding Ltd., ADR*(a)		85,000		2,988
Life Time Fitness, Inc.*		126,000		3,932
Monster Worldwide, Inc.*(a)		165,200		3,999
Nordstrom, Inc.(a)		136,500		4,450
Starbucks Corp.*(a)		208,800		3,654
Urban Outfitters, Inc.*(a)		107,300		3,364
VistaPrint Ltd.*		144,800		5,061

				50,222

Energy (1.2%)
Trina Solar Ltd., ADR*(a)		120,000		3,689

Financials (10.5%)
Alliance Data Systems Corp.*(a)		56,200		2,670
BlackRock, Inc., Cl A(a)		63,100		12,884
CB Richard Ellis Group, Inc., Cl A*(a)		69,500		1,504
Euronet Worldwide, Inc.*		225,700		4,347
Huron Consulting Group, Inc.*		126,500		5,256
Portfolio Recovery Associates, Inc.		137,300		5,889

				32,550

Health Care (24.6%)
Alcon, Inc.(a)		24,200		3,442
Allscripts Healthcare Solutions, Inc.*(a)		161,300		1,665
ArthroCare Corp.*		117,000		3,902
Celgene Corp.*		103,700		6,356
Covance, Inc.*		50,600		4,198
Genentech, Inc.*		97,700		7,931
Gilead Sciences, Inc.*		303,900		15,660
Hologic, Inc.*		107,500		5,977
IDEXX Laboratories, Inc.*(a)		76,200		3,754
Intuitive Surgical, Inc.*(a)		21,700		7,038
LifeCell Corp.*(a)		58,800		2,471
Psychiatric Solutions, Inc.*		290,500		9,854
United Therapeutics Corp.*(a)		23,100		2,003
VCA Antech, Inc.*		81,400		2,226

				76,477

Industrials (7.8%)
First Solar, Inc.*		104,800		24,223

Information Technology (33.0%)
Apple, Inc.*(a)		127,900		18,354
Baidu.com, Inc. ADR*(a)		11,900		2,852
Cisco Systems, Inc.*		350,900		8,453
Cognizant Technology Solutions Corp., Cl A*		511,000		14,732
F5 Networks, Inc.*		196,400		3,569
Google, Inc., Cl A*		31,500		13,875
MEMC Electronic Materials, Inc.*		40,400		2,864
Paychex, Inc.(a)		169,000		5,790
QUALCOMM, Inc.		264,800		10,857
Riverbed Technology, Inc.*(a)		175,900		2,614
Starent Networks Corp.*(a)		150,600		2,033
SunPower Corp., Cl A*		159,700		11,899
VMware, Inc., Cl A*(a)		104,000		4,453

				102,345

Telecommunication Services (6.4%)
American Tower Corp., Cl A*(a)		166,000		6,509
NII Holdings, Inc.*		250,600		7,964
Time Warner Telecom, Inc., Cl A*		350,300		5,426

				19,899

Total Common Stocks				309,405

Short-Term Investment (24.3%)
Credit Suisse Enhanced Liquidity Fund(b)		75,244,870		75,245

Total Short-Term Investment				75,245

Total Investments (Cost $360,462)(c) — 124.0%				384,650
Liabilities in excess of other assets — (24.0)%				(74,555	)

Net Assets — 100.0%			$	310,095


*		Non-income producing security.

(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008, in thousands, was $73,349.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Represents cost for financial reporting purposes.

ADR — American Depositary Receipt

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Emerging Growth Stock Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (97.8%)
Consumer Discretionary (12.2%)
Blue Nile, Inc.*		82,200		4,451
Focus Media Holding Ltd., ADR*(a)		67,700		2,380
Life Time Fitness, Inc.*		53,500		1,670
Lululemon Athletica, Inc.*(a)		25,700		730
Nordstrom, Inc.(a)		36,900		1,203
VistaPrint Ltd.*		113,300		3,960

				14,394

Energy (2.3%)
Trina Solar Ltd., ADR*(a)		86,400		2,656

Financials (16.6%)
Alliance Data Systems Corp.*(a)		36,500		1,734
BlackRock, Inc.(a)		23,800		4,860
CB Richard Ellis Group, Inc., Cl A*		28,300		612
eHealth, Inc.*(a)		52,800		1,165
Euronet Worldwide, Inc.*		142,200		2,739
Greenhill & Co., Inc.		15,900		1,106
Huron Consulting Group, Inc.*		87,600		3,640
Portfolio Recovery Associates, Inc.		86,300		3,701

				19,557

Health Care (24.8%)
Allscripts Healthcare Solutions, Inc.*(a)		72,700		750
Amylin Pharmaceuticals, Inc.*(a)		28,600		835
ArthroCare Corp.*		73,500		2,451
AspenBio Pharma, Inc.*(a)		159,800		924
Hansen Medical, Inc.*(a)		26,700		375
HMS Holdings Corp.*(a)		131,300		3,749
Hologic, Inc.*		78,400		4,359
IDEXX Laboratories, Inc.*(a)		30,600		1,507
Insulet Corp.*(a)		49,500		713
Intuitive Surgical, Inc.*(a)		12,000		3,892
LifeCell Corp.*(a)		53,800		2,261
Myriad Genetics, Inc.*(a)		29,600		1,193
Psychiatric Solutions, Inc.*		134,800		4,573
United Therapeutics Corp.*(a)		18,000		1,561

				29,143

Industrials (12.8%)
Dynamic Materials Corp.(a)		20,700		894
First Solar, Inc.*		36,600		8,460
Fuel Tech, Inc.*		161,000		3,301
Itron, Inc.*		14,000		1,263
Zoltek Cos., Inc.*(a)		41,600		1,103

				15,021

Information Technology (22.3%)
Baidu.com, Inc. ADR*(a)		9,900		2,372
Cognizant Technology Solutions Corp., Cl A*		185,900		5,360
comScore, Inc.*		23,800		477
Data Domain, Inc.*		59,600		1,418
Energy Conversion Devices, Inc.*(a)		11,700		350
F5 Networks, Inc.*		128,300		2,331
IHS, Inc., Cl A*		50,500		3,248
Omniture, Inc.*(a)		71,700		1,664
Riverbed Technology, Inc.*(a)		106,300		1,580
Shutterfly, Inc.*(a)		82,300		1,224
Starent Networks Corp.*(a)		103,200		1,393
SunPower Corp., Cl A*		63,700		4,746

				26,163

Telecommunication Services (6.8%)
Cbeyond, Inc.*		112,400		2,112
NII Holdings, Inc.*		108,400		3,445
Time Warner Telecom, Inc., Cl A*		154,900		2,399

				7,956

Total Common Stocks				114,890

Short-Term Investment (33.8%)
Credit Suisse Enhanced Liquidity Fund(b)		39,683,688		39,684

Total Short-Term Investment				39,684

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

International Equity 130/30 Fund


	Shares or
	Principal
	Amount($)		Value($)
Long Positions (129.6%)
Foreign Common Stocks (129.6%)

Australia (7.1%)

Centennial Coal Co., Ltd.		7,100		26
Consolidated Media Holdings, Ltd.		6,053		21
David Jones, Ltd.		3,600		12
Flight Centre, Ltd.		500		10
Fortescue Metals Group, Ltd.*		3,900		23
JB Hi-Fi, Ltd.		2,700		22
Leighton Holdings, Ltd.		566		22
Macarthur Coal, Ltd.		1,200		14
Mount Gibson Iron, Ltd.*		6,000		16
Newcrest Mining, Ltd.		453		14
Nufarm, Ltd.		1,900		30
Seven Network, Ltd.		4,800		42
Straits Resources, Ltd.		2,300		13
Westpac Banking Corp.		2,050		44

				309

Austria (1.6%)
BETandWIN.com Interactive Entertainment AG*		116		4
OMV AG		300		20
Vienna Insurance Group		600		46

				70

Belgium (1.1%)
Colruyt SA		160		41
Umicore		105		6

				47

Bermuda (5.5%)
Aircastle, Ltd.		800		9
Allied World Assurance Co. Holdings, Ltd.		500		20
Aquarius Platinum, Ltd.		900		13
Arch Capital Group Ltd.*		300		21
Aspen Insurance Holdings, Ltd.		1,000		26
Axis Capital Holdings, Ltd.		700		24
Endurance Specialty Holdings, Ltd.		700		26
Max Capital Group, Ltd.		500		13
Montpelier Re Holdings, Ltd.		1,400		22
Orient-Express Hotels, Ltd., Cl A		300		13
PartnerRe, Ltd.		400		31
Platinum Underwriters Holdings, Ltd.		600		19

				237

Brazil (4.4%)
Banco Itau Holding Financeira SA ADR		900		21
Companhia Brasileira de Distribuicao Grupo Pao de Acucar SP ADR		300		12
Companhia de Bebidas das Americas ADR		200		15
Companhia Siderurgica Nacional SA SP ADR		1,200		43
Gerdau SA SP ADR		400		12
Petroleo Brasileiro SA ADR		200		20
Unibanco- Uniao de Bancos Brasileiros SA GDR		400		47
Votorantim Celulose e Papel SA SP ADR		700		20

				190

Canada (3.3%)
Agnico-Eagle Mines, Ltd.		200		14
Barrick Gold Corp.		400		17
Kinross Gold Corp.		600		13
Manulife Financial Corp.		600		23
Open Text Corp.*		500		16
Potash Corp. of Saskatchewan, Inc.		400		62

				145

Cayman Islands (1.1%)
ACE, Ltd.		400		22
Seagate Technology		1,300		27

				49

China (2.2%)
China Coal Energy Co., Ser H		11,000		19
China Communications Construction Co., Ltd., Ser H		5,000		11
China Merchants Bank Co., Ltd., Ser H		14,000		49
China Shenhua Energy Co., Ltd., Ser H		4,500		18

				97

Denmark (2.4%)
Novo Nordisk A/S, Cl B		900		61
Vestas Wind Systems A/S*		400		44

				105

Finland (1.5%)
Nokia Corp. ADR		2,100		67

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity 130/30 Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
France (11.4%)
Bouygues SA		800		51
Dassault Systemes SA		424		25
Electricite de France		500		43
Eramet*		11		9
Eurofins Scientific		400		40
France Telecom SA		1,300		44
Orpea*		200		12
Sanofi-Aventis ADR		1,200		45
Total SA		700		52
UbiSoft Entertainment SA*		300		26
Valeo SA		1,200		47
Veolia Environnement		500		35
Vivendi		1,700		66

				495

Germany (14.4%)
Aixtron AG*		900		12
BASF SE SP ADR		300		41
Bayer AG SP ADR		500		40
Bayerische Motoren Werke AG		400		22
Bechtle AG		625		20
comdirect bank AG		1,200		15
Conergy AG		607		13
Deutsche Beteiligungs AG		500		13
Deutsche Boerse AG		300		49
Deutsche Postbank AG		500		48
E.ON AG		300		56
Freenet AG		393		6
Hannover Rueckversicherung AG		1,100		57
K+S AG		90		30
Linde AG		200		28
Muenchener Rueckversicherungs-Gesellschaft AG		300		59
Siemens AG		500		55
Stada Arzneimittel AG		236		17
Volkswagen AG		150		43

				624

Greece (3.7%)
Alpha Bank A.E.		400		13
Coca-Cola Hellenic Bottling Co. SA		1,100		51
National Bank of Greece SA		1,100		58
OPAP SA		600		22
Public Power Corp. SA		300		13
Top Ships, Inc.*		233		2

				159

Hong Kong (5.2%)
Cheung Kong (Holdings), Ltd.		2,000		28
China Resources Enterprise, Ltd.		4,000		13
Hang Seng Bank, Ltd.		700		13
Henderson Land Development Co., Ltd.		3,000		21
Hengan International Group Co., Ltd.		6,000		21
Hong Kong Exchanges & Clearing, Ltd.		500		9
Kerry Properties, Ltd.		1,825		11
Link REIT (The)		6,000		13
New World Development Co., Ltd.		15,000		36
Ping An Insurance (Group) Co. of China, Ltd.		200		2
Shanghai Industrial Holdings, Ltd.		3,000		11
Sun Hung Kai Properties, Ltd.		3,000		47

				225

India (0.2%)
HDFC Bank, Ltd. ADR		100		10

Ireland (0.5%)
ICON PLC SP ADR*		300		19

Italy (5.1%)
A2A SpA		8,236		30
Assicurazioni Generali SpA		1,100		50
Enel SpA		5,300		56
IFI-Istituto Finanziario Industriale SpA*		1,700		47
Recordati SpA		5,400		40

				223

Japan (18.9%)
AEON Credit Service Co., Ltd.		1,000		13
Aisin Seiki Co., Ltd.		600		22
Alpine Electronics, Inc.		900		10
Asatsu-DK, Inc.		400		14
Bank of Kyoto, Ltd. (The)		2,000		24
Capcom Co., Ltd.		500		17
Daihatsu Motor Co., Ltd.		3,000		36
Futaba Industrial Co., Ltd.		500		11
GEO Corp.		17		14
Hitachi Software Engineering Co., Ltd.		1,300		30
Hitachi, Ltd. SP ADR		500		30
Ines Corp.*		3,500		17

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity 130/30 Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Japan—continued

Japan Petroleum Exploration Co., Ltd.		200		13
Marubeni Corp.		6,000		44
Matsushita Electric Industrial Co., Ltd.		1,000		22
Mitsubishi Corp.		800		24
Mitsui & Co. Ltd.		2,000		41
Mitsui O.S.K. Lines, Ltd.		3,000		36
Namco Bandai Holdings, Inc.		1,000		14
NEC Corp.		12,000		46
Nippon Meat Packers, Inc.		2,000		30
Nippon Oil Corp.		4,000		25
Nomura Research Institute, Ltd.		800		21
Noritsu Koki Co., Ltd.		600		9
Promise Co., Ltd.		1,400		40
Seiko Epson Corp.		1,500		40
Shima Seiki Mfg., Ltd.		600		28
Takefuji Corp.		570		12
Terumo Corp.		700		37
Tokai Rika Co., Ltd.		400		10
Toyoda Gosei Co., Ltd.		400		15
Toyota Boshoku Corp.		700		21
Toyota Tsusho Corp.		600		13
Uniden Corp.		7,000		43

				822

Netherlands (2.2%)
Core Laboratories NV*		100		12
Oce NV		1,600		27
Royal Philips Electronics NV		1,100		42
TomTom NV*		300		13

				94

Norway (1.4%)
Ementor ASA*		2,000		13
Orkla ASA		1,100		14
Yara International ASA		600		35

				62

Panama (0.5%)
Willbros Group, Inc.*		700		21

Portugal (0.6%)
Banco Espirito Santo SA		900		16
Galp Energia SGPS SA*		500		12

				28

Russian Federation (0.5%)
Mechel ADR		100		11
Vimpel-Communications SP ADR		400		12

				23

Singapore (2.0%)
Fraser & Neave, Ltd.		6,000		21
Oversea-Chinese Banking Corp., Ltd.		4,000		24
Singapore Land, Ltd.		3,000		15
Wilmar International, Ltd.*		8,600		26

				86

South Korea (0.3%)
LG. Philips LCD Co., Ltd. ADR		600		13

Spain (1.7%)
Banco Santander SA SP ADR		3,700		74

Sweden (2.8%)
Getinge AB, Cl B		600		16
Scania AB		600		13
Swedish Match AB		2,500		54
Telelogic AB*		11,000		39

				122

Switzerland (5.9%)
Alcon, Inc.		100		14
BKW FMB Energie AG		100		13
Hiestand Holding AG		6		11
Huber & Suhner AG		380		19
Lonza Group AG		200		27
Nestle SA		157		78
Syngenta AG ADR		1,000		58
Xstrata PLC		500		35

				255

Taiwan (0.6%)
AU Optronics Corp. SP ADR		1,400		24

Turkey (0.3%)
Turkcell Iletisim Hizmetleri AS ADR		600		12

United Kingdom (21.2%)
3i Group PLC		1,400		23
Beazley Group PLC		4,300		14
BG Group PLC		1,900		44
BHP Billiton PLC ADR		700		41
BP PLC SP ADR		700		42
British American Tobacco PLC		1,600		60
Britvic PLC		3,400		21
Dexion Absolute, Ltd.*		3,900		12

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity 130/30 Fund — continued


	Shares or
	Principal
	Amount($)			Value($)
United Kingdom—continued

Diageo PLC ADR		700			57
GAME Group PLC		3,700			15
HMV Group PLC		10,200			26
ICAP PLC		3,700			42
Imperial Tobacco Group PLC		1,220			56
Johnson Matthey PLC		300			12
Man Group PLC		2,800			31
Old Mutual PLC		15,100			33
Reckitt Benckiser Group PLC		600			33
Resolution PLC		1,900			26
Royal Dutch Shell PLC ADR		1,200			83
Scottish & Newcastle PLC		1,900			30
SSL International PLC		2,500			22
Stagecoach Group PLC		2,700			13
Standard Chartered PLC		400			14
Unilever PLC SP ADR		1,300			44
Vodafone Group PLC SP ADR		2,000			59
William Morrison Supermarkets PLC		6,100			33
Yell Group PLC		11,000			34

					920

Total Foreign Common Stocks					5,627

Total Investments — 129.6%
(Total Long Positions) (Cost $5,832)(a)					5,627

Liabilities in excess of other assets — (0.3%)					(12	)
Short Positions (see summary below) (29.3%)					(1,272	)

Net Assets — 100.0%				$	4,343

Short Positions ((29.3)%)
Foreign Common Stocks Sold Short ((29.3)%)
Australia ((1.0)%)
Billabong International, Ltd.		(774	)		(9	)
James Hardie Industries NV		(4,258	)		(25	)
Macquarie Communications Infrastructure Group		(2,936	)		(11	)

					(45	)

Austria ((0.3)%)
Immofinanz Immobilien Anlagen AG		(1,400	)		(15	)

Belgium ((1.0)%)
Mobistar SA		(200	)		(18	)
Solvay SA		(200	)		(26	)

					(44	)

Bermuda ((0.4)%)
Benfield Group PLC		(3,469	)		(17	)

Canada ((0.2)%)
Telus Corp.		(200	)		(8	)

Finland ((0.3)%)
Stora Enso OYJ		(1,000	)		(11	)

France ((3.2)%)
Air France — KLM		(900	)		(25	)
Neopost SA		(100	)		(11	)
Neuf Cegetel		(300	)		(17	)
Nexity		(300	)		(13	)
Rhodia SA*		(1,100	)		(26	)
SCOR SE		(600	)		(14	)
Sechilienne SA		(200	)		(16	)
Societe Immobiliere de Location pour l’Industrie et le Commerce		(100	)		(15	)

					(137	)

Germany ((2.5)%)
Adidas AG		(400	)		(27	)
Continental AG		(100	)		(10	)
Hypo Real Estate Holdings AG		(500	)		(13	)
Kloeckner & Co. AG		(400	)		(21	)
Lanxess		(600	)		(24	)
Pfleiderer AG		(500	)		(13	)

					(108	)

Greece ((0.3)%)
Aegean Marine Petroleum Network, Inc.		(400	)		(14	)

Italy ((1.2)%)
Banco Popolare Scarl*		(700	)		(12	)
Davide Campari — Milano SpA		(1,500	)		(14	)
Luxottica Group SpA		(1,100	)		(28	)

					(54	)

Japan ((8.6)%)
Advantest Corp.		(600	)		(16	)
AEON Co., Ltd.		(1,100	)		(13	)
Aioi Insurance Co., Ltd.		(3,000	)		(17	)
Bridgestone Corp.		(800	)		(14	)
Casio Computer Co., Ltd.		(1,800	)		(26	)
Fuji Television Network, Inc.		(9	)		(13	)
Itochu Techno-Solutions Corp.		(800	)		(24	)
Marui Group Co. Ltd.		(2,000	)		(21	)
Meiji Dairies Corp.		(2,000	)		(12	)
Mitsui Fudosan Co., Ltd.		(1,000	)		(20	)
Nippon Electric Glass Co., Ltd.		(1,000	)		(15	)
Omron Corp.		(400	)		(8	)

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity 130/30 Fund — concluded


	Shares or
	Principal
	Amount($)			Value($)
Japan—continued

ORIX Corp.		(90	)		(12	)
Sekisui House, Ltd.		(1,000	)		(9	)
Shimanura Co., Ltd.		(300	)		(27	)
Sumco Corp.		(800	)		(17	)
Sumitomo Realty & Development Co., Ltd.		(1,000	)		(18	)
Teijin, Ltd.		(3,000	)		(13	)
Tokuyama Corp.		(2,000	)		(15	)
Tokyo Electric Power Co., Inc. (The)		(100	)		(3	)
Tokyo Steel Manufacturing Co., Ltd.		(1,300	)		(18	)
Toray Industries, Inc.		(2,000	)		(13	)
Yamaha Motor Co., Ltd.		(1,000	)		(18	)
Yokogawa Electric Corp.		(1,400	)		(14	)

					(376	)

Luxembourg ((0.3)%)
COLT Telecom Group SA*		(3,800	)		(12	)

Netherlands ((0.3)%)
Ordina NV		(900	)		(15	)

Norway ((1.0)%)
Renewable Energy Corp. AS*		(500	)		(14	)
Storebrand ASA		(3,600	)		(28	)

					(42	)

Sweden ((2.6)%)
BE Group AB		(1,300	)		(14	)
Boliden AB		(1,300	)		(14	)
Electrolux AB, Ser B		(1,300	)		(21	)
Holmen AB*		(800	)		(27	)
Meda AB		(2,300	)		(24	)
Tele2 AB		(700	)		(13	)

					(113	)

Switzerland ((2.3)%)
Ciba Holding AG		(400	)		(15	)
Clariant AG		(3,200	)		(27	)
SGS SA		(10	)		(14	)
Straumann Holdings AG		(50	)		(14	)
Synthes, Inc.		(200	)		(28	)

					(98	)

Taiwan ((0.3)%)
Chunghwa Telecom Co., Ltd. ADR		(500	)		(13	)

United Kingdom ((3.5)%)
Barratt Developments PLC		(1,700	)		(14	)
Big Yellow Group PLC		(3,200	)		(28	)
Bovis Homes Group PLC		(1,200	)		(14	)
Daily Mail & General Trust PLC, Cl A		(1,400	)		(12	)
Enterprise Inns PLC		(1,500	)		(12	)
Investec PLC		(1,900	)		(13	)
Redrow PLC		(3,900	)		(25	)
Sthree PLC		(1,700	)		(6	)
Travis Perkins PLC		(600	)		(13	)
Wolseley PLC		(1,200	)		(13	)

					(150	)

Total Foreign Common Stocks Sold Short					(1,272	)

Total Investment Securities Sold Short (Proceeds $1,256)					(1,272	)


*		Non-income producing security.

(a)		Represents cost for financial reporting purposes.


ADR		— American Depositary Receipt

GDR		— Global Depositary Receipt

REIT		— Real Estate Investment Trust

The investment concentrations for the International Equity 130/30 Fund as a percentage of net assets, by industry, as of March 31, 2008 were as follows:


Consumer Discretionary	8.9	%
Consumer Staples	13.7
Energy	8.3
Financials	27.1
Health Care	6.1
Industrials	7.0
Information Technology	11.0
Materials	10.4
Telecommunication Services	2.5
Utilities	5.3

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

International Equity Fund


	Shares or
	Principal
	Amount($)		Value($)
Foreign Common Stocks (97.3%)
Australia (3.1%)
BHP Billiton Ltd.(a)		139,831		4,575
David Jones, Ltd.		511,159		1,700
ING Industrial Fund		2,878,431		5,602
Origin Energy Ltd.		720,803		6,033
Rio Tinto Group Ltd.		15,194		1,701
Westpac Banking Corp.(a)		247,619		5,373
Woolworths Ltd.		367,025		9,725

				34,709

Austria (0.4%)
Vienna Insurance Group		59,223		4,537

Belgium (2.2%)
Delhaize Group(a)		77,022		6,060
Groupe Bruxelles Lambert SA		95,133		11,607
InBev NV(a)		76,999		6,775

				24,442

Bermuda (0.9%)
Credicorp Ltd.		131,134		9,408

Brazil (2.0%)
Banco do Brasil SA		359,894		4,744
Bovespa Holding SA		201,000		2,722
Companhia de Bebidas das Americas ADR		80,158		6,056
Companhia Vale do Rio Doce ADR		250,477		8,676

				22,198

Czech Republic (0.4%)
CEZ A.S.		59,964		4,599

Denmark (1.3%)
Novo Nordisk A/S, Cl B(a)		216,634		14,816

Finland (1.5%)
Nokia Corp., Cl A		506,855		16,035

France (9.3%)
BNP Paribas		59,633		6,014
Capgemini SA		89,532		5,098
France Telecom SA(a)		307,282		10,332
Lafarge SA		51,756		9,000
Societe Generale		34,941		3,421
SUEZ SA		204,191		13,400
Total SA		337,858		25,089
Unibail-Rodamco		47,203		12,147
Vinci SA(a)		112,897		8,161
Vivendi		259,493		10,138

				102,800

Germany (12.0%)
Allianz SE		58,300		11,576
BASF AG		86,984		11,759
Continental AG		30,548		3,138
Daimler AG		107,794		9,222
Deutsche Boerse AG		81,150		13,152
E.ON AG		81,436		15,195
Henkel KGaA. Vorzug		104,992		4,848
MAN AG		83,195		11,104
Muenchener Rueckversicherungs-Gesellschaft AG		48,026		9,401
RWE AG		84,520		10,439
Siemens AG		77,492		8,464
Stada Arzneimittel AG		140,242		10,213
ThyssenKrupp AG		126,375		7,230
Volkswagen AG		26,372		7,656

				133,397

Greece (0.8%)
National Bank of Greece SA ADR		828,471		8,749

Hong Kong (1.9%)
Cheung Kong (Holdings), Ltd.		332,000		4,714
Cheung Kong Infrastructure Holdings Ltd.		967,577		3,885
Industrial & Commercial Bank of China Ltd.		1,960,000		4,856
Wharf Holdings Ltd. (The)		1,566,500		7,377

				20,832

Indonesia (0.3%)
PT Bank Rakyat Indonesia		5,528,500		3,786

Ireland (0.5%)
Anglo Irish Bank Corp. PLC		372,660		5,000

Israel (0.9%)
Teva Pharmaceutical Industries Ltd. SP ADR(a)		215,325		9,946

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Italy (2.1%)
Enel SpA		957,317		10,155
Fondiaria-Sai SpA		97,145		4,024
Saipem SpA		215,759		8,733

				22,912

Japan (15.5%)
Aisin Seiki Co., Ltd.		120,000		4,479
Asahi Kasei Corp.		1,016,000		5,301
Bridgestone Corp.		267,200		4,550
Daicel Chemical Industries Ltd.		1,114,000		5,723
Daiichi Sankyo Co. Ltd.		173,183		5,118
Denki Kagaku Kogyo Kabushiki Kaisha		1,554,000		4,896
DENSO Corp.		126,800		4,097
East Japan Railway Co.		2,743		22,817
Futaba Industrial Co., Ltd.(a)		203,300		4,580
Itochu Techno-Solutions Corp.		965,000		9,528
Japan Tobacco, Inc.		1,072		5,368
KDDI Corp.		958		5,854
Komatsu Ltd.		96,664		2,682
Marubeni Corp.		1,127,000		8,210
Matsushita Electric Industrial Co., Ltd.		425,000		9,211
Mitsubishi Electric Corp.		716,000		6,193
Mitsui & Co. Ltd.		193,000		3,912
Nintendo Co. Ltd.		16,900		8,716
Nippon Chemi-Con Corp.		607,798		2,238
Nippon Telegraph & Telephone Corp.		1,016		4,384
NTT DoCoMo, Inc.		7,801		11,820
SUNDRUG Co. Ltd.(a)		117,000		3,299
Takeda Pharmaceutical Co. Ltd.		190,700		9,548
Toshiba Corp.(a)		785,670		5,250
Toyota Motor Corp.		120,300		5,999
Yamatake Corp.		287,300		8,058

				171,831

Malaysia (0.6%)
Public Bank Berhad		2,102,200		6,904

Mexico (0.6%)
America Movil SAB de C.V. ADR		104,655		6,666

Netherlands (3.1%)
Heineken NV		103,904		6,034
ING Groep NV		162,147		6,072
Koninklijke (Royal) KPN NV		450,942		7,617
Koninklijke DSM NV(a)		63,387		3,057
Royal Philips Electronics NV(a)		308,160		11,787

				34,567

New Zealand (0.4%)
Fletcher Building Ltd.		721,938		4,761

Norway (1.1%)
Statoil ASA		413,747		12,404

Philippines (0.5%)
Globe Telecom, Inc.		165,080		5,949

Russian Federation (2.8%)
Gazprom ADR		179,339		9,057
LUKOIL ADR		83,990		7,206
Mechel ADR		71,821		8,173
Mobile TeleSystems SP ADR		82,495		6,257

				30,693

Singapore (1.9%)
Ascendas Real Estate Investment Trust		2,163,000		3,741
CapitaCommercial Trust		2,221,000		3,583
Jardine Cycle & Carriage Ltd.		331,000		4,700
SMRT Corp. Ltd.		4,968,000		6,571
United Overseas Bank Ltd.		163,000		2,267

				20,862

South Africa (0.7%)
MTN Group Ltd.		511,616		7,769

South Korea (0.4%)
Samsung Electronics Co. Ltd.		7,100		4,468

Spain (3.2%)
Banco Santander Central Hispano SA		1,063,001		21,177
Telefonica SA		490,561		14,094

				35,271

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Sweden (2.4%)
Alfa Laval AB(a)		99,500		6,047
H&M Hennes & Mauritz AB(a)		149,200		9,168
Sandvik AB(a)		355,000		6,170
Swedish Match AB		224,881		4,903

				26,288

Switzerland (5.9%)
Nestle SA		47,613		23,797
Roche Holding AG(a)		106,857		20,114
Xstrata PLC		130,099		9,106
Zurich Financial Services AG(a)		40,183		12,657

				65,674

Thailand (0.6%)
Bangkok Bank Public Co. Ltd.		1,443,200		6,191

Turkey (0.2%)
Turkcell Iletisim Hizmetleri AS ADR		99,341		2,075

United Kingdom (17.8%)
AMEC PLC		336,563		4,832
Anglo American PLC		78,720		4,730
BAE Systems PLC		1,121,723		10,801
BHP Billiton PLC		387,628		11,500
BP PLC		1,696,860		17,240
British American Tobacco PLC		255,216		9,577
GAME Group PLC		1,118,571		4,711
HSBC Holdings PLC		1,364,093		22,466
Imperial Tobacco Group PLC		208,109		9,573
International Power PLC		869,641		6,868
London Stock Exchange Group PLC		226,763		5,436
National Express Group PLC		183,255		3,655
Old Mutual PLC		3,227,900		7,078
Prudential PLC		625,406		8,259
Rio Tinto PLC(a)		71,298		7,404
Royal Bank of Scotland Group PLC (The)		1,029,635		6,891
Royal Dutch Shell PLC, Cl B		166,621		5,608
SABMiller PLC		253,559		5,555
Scottish & Southern Energy PLC		261,529		7,287
SSL International PLC		608,549		5,477
Unilever PLC		227,685		7,676
Vodafone Group PLC		6,474,011		19,386
William Morrison Supermarkets PLC		1,018,720		5,544

				197,554

Total Foreign Common Stocks				1,078,093

Foreign Preferred Stocks (0.6%)
Germany (0.6%)
Fresenius AG, 1.510%		85,606		7,181

Total Foreign Preferred Stocks				7,181

Short-Term Investments (8.1%)
Brown Brothers Harriman & Co., Cayman Islands Cash Sweep		9,582,458		9,583
Credit Suisse Enhanced Liquidity Fund(b)		79,849,019		79,849

Total Short-Term Investments				89,432

Total Investments (Cost $1,069,339)(c) — 106.0%				1,174,706
Liabilities in excess of other assets — (6.0)%				(66,184	)

Net Assets — 100.0%			$	1,108,522


(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008, in thousands, was $76,424.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Represents cost for financial reporting purposes.

ADR		— American Depositary Receipt

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

International Equity Index Fund


	Shares or
	Principal
	Amount($)		Value($)
Foreign Common Stocks (97.3%)
Australia (4.0%)
AGL Energy Ltd.		26,548		268
Alumina Ltd.(a)		69,130		360
Amcor Ltd.		55,183		361
AMP Ltd.		111,017		796
Aristocrat Leisure Ltd.(a)		21,480		188
Asciano Group		32,635		119
Australia & New Zealand Banking Group Ltd.		98,505		2,030
AXA Asia Pacific Holdings Ltd.		53,373		268
BHP Billiton Ltd.(a)		163,303		5,343
BlueScope Steel Ltd.		44,489		401
Boral Ltd.(a)		36,417		208
Brambles Ltd.		83,736		764
Coca-Cola Amatil Ltd.		32,204		250
Commonwealth Bank of Australia		65,841		2,515
Computershare Ltd.		31,194		249
CSL Ltd.		27,225		918
CSR Ltd.		66,918		196
Fairfax Media Ltd.(a)		73,058		232
Fortescue Metals Group, Ltd.*		63,168		376
Foster’s Group Ltd.		116,499		545
GPT Group(a)		125,010		371
Insurance Australia Group Ltd.(a)		104,249		349
Lend Lease Corp., Ltd.		23,291		282
Lion Nathan Ltd.		17,992		144
Macquarie Goodman Group		86,945		342
Macquarie Group Ltd.(a)		13,989		675
Macquarie Infrastructure Group		162,988		414
Mirvac Group Ltd. REIT		61,701		227
National Australia Bank Ltd.		83,404		2,298
Newcrest Mining, Ltd.		26,755		816
Orica Ltd.		19,416		517
Origin Energy Ltd.		53,228		445
Perpetual Ltd.(a)		2,736		135
QBE Insurance Group Ltd.		49,145		997
Rio Tinto Group Ltd.		15,319		1,715
Santos Ltd.(a)		34,101		452
Sonic Healthcare Ltd.		17,439		219
Stockland Trust Group		90,329		577
Suncorp-Metway Ltd.		53,881		634
TABCORP Holdings Ltd.(a)		32,143		416
Telstra Corp. Ltd.		168,386		677
Toll Holdings, Ltd.		32,923		301
Transurban Group(a)		61,523		365
Wesfarmers Ltd.(a)		32,258		1,179
Wesfarmers Ltd. PPS(a)		9,880		363
Westfield Group REIT		103,004		1,675
Westpac Banking Corp.		102,049		2,214
Woodside Petroleum Ltd.		28,576		1,423
Woolworths Ltd.		66,899		1,773
WorleyParsons Ltd.		9,064		277
Zinifex Ltd.		29,815		272

				38,931

Austria (1.5%)
Andritz AG		3,914		215
BETandWIN.com Interactive Entertainment AG*		2,981		98
Erste Bank der oesterreichischen Sparkassen AG(a)		31,011		2,010
Flughafen Wien AG		1,197		144
IMMOEAST AG*(a)		94,183		907
Immofinanz Immobilien Anlagen AG		96,883		1,049
Meinl European Land Ltd.*		68,420		779
Oesterreichische Elektrizitaeswirtschafts AG(a)		16,456		1,171
OMV AG		30,379		2,008
Raiffeisen International Bank-Holding AG(a)		8,635		1,177
RHI AG*		2,988		120
Telekom Austria AG		64,346		1,330
Vienna Insurance Group		7,359		564
voestalpine AG		24,089		1,673
Wienerberger AG		17,194		914

				14,159

Belgium (2.0%)
Agfa-Gevaert NV		11,564		90
Barco NV		1,030		74
Belgacom		22,255		985
Colruyt SA		2,498		643
Delhaize Group		12,894		1,015
Dexia Group(a)		57,635		1,642
Fortis		244,443		6,159
Groupe Bruxelles Lambert SA		11,765		1,435
InBev NV(a)		21,704		1,910
KBC Bank & Insurance Holding Co. NV		21,225		2,752
Mobistar SA(a)		4,754		431
NV Bekaert SA		876		127

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Belgium—continued

Omega Pharma NV		1,645		76
Solvay SA(a)		7,502		957
UCB SA		14,904		518
Umicore(a)		18,560		966

				19,780

Bermuda (0.0%)
Invesco Ltd.		19,580		477

Cyprus (0.0%)
Prosafe SE		13,500		212

Denmark (1.6%)
A.P. Moller-Maersk A/S		142		1,585
Bang & Olufsen A/S, Cl B(a)		760		47
Carlsberg A/S, Cl B(a)		4,525		579
Coloplast A/S, Cl B		3,994		365
Danisco A/S		6,509		476
Danske Bank A/S		45,468		1,678
DSV A/S		29,250		639
FLS Industries A/S		8,000		792
GN Store Nord A/S*		17,500		87
H. Lundbeck A/S		3,800		95
Jyske Bank A/S*		8,875		596
Novo Nordisk A/S, Cl B		54,874		3,753
Novozymes A/S, Cl B		6,870		643
Sydbank A/S		9,450		344
Topdanmark A/S*(a)		2,425		408
Trygvesta A/S(a)		3,950		347
Vestas Wind Systems A/S*		22,738		2,484
William Demant Holding*(a)		3,557		284

				15,202

Finland (1.1%)
Cargotec Corp., Cl B(a)		2,801		137
Fortum Corp.*(a)		27,640		1,126
Kone Oyj, Cl B		9,498		390
Metso Corp.		8,000		432
Neste Oil Oyj(a)		9,428		330
Nokia Corp., Cl A		203,311		6,432
Sampo PLC, Cl A		26,900		728
Stora Enso Oyj(a)		36,152		417
Tietoenator Oyj(a)		2,307		57
UPM-Kymmene Corp.(a)		32,567		578

				10,627

France (10.7%)
Accor		18,918		1,382
Aeroports De Paris		3,093		352
Air France-KLM		13,269		374
Air Liquide Prime Fidelite SA		2,138		326
Air Liquide SA		17,430		2,657
Alcatel(a)		214,165		1,224
Alstom		8,395		1,820
Atos Origin SA*		7,604		423
AXA, ADR(a)		124,212		4,508
BNP Paribas		62,637		6,317
Bouygues SA		18,654		1,185
Capgemini SA		13,524		770
Carrefour SA		48,195		3,718
Casino Guichard-Perrachon SA		4,305		516
CNP Assurances SA		4,391		541
Compagnie de Saint-Gobain		23,161		1,888
Compagnie Generale de Geophysique-Veritas*		2,411		600
Compagnie Generale des Etablissements Michelin, Cl B(a)		12,416		1,296
Credit Agricole SA		48,183		1,491
Dassault Systemes SA(a)		6,765		393
Electricite de France		7,057		614
Essilor International SA		19,502		1,274
European Aeronautic Defence & Space Co.(a)		28,680		680
France Telecom SA(a)		147,135		4,947
Gaz de France(a)		14,726		889
Gecina SA(a)		1,293		193
Groupe Danone		32,142		2,874
Hermes International(a)		6,867		858
Imerys		3,354		308
Klepierre		7,191		441
L’Oreal SA		19,650		2,495
Lafarge SA(a)		11,525		2,004
Lagardere SCA		12,596		942
LVMH Moet Hennessy Louis Vuitton SA		19,008		2,115
M6 Metropole Television		8,007		178
Neopost SA		3,346		376
PagesJaunes SA(a)		12,867		229
Pernod Ricard		15,428		1,587
Pinault-Printemps-Redoute SA		6,467		958
PSA Peugeot Citroen SA		15,313		1,187
Publicis Groupe		14,846		567
Renault SA		16,893		1,869
Safran SA(a)		17,324		355
Sanofi-Aventis		80,883		6,068
Schneider Electric SA(a)		17,454		2,258
Societe BIC		3,375		208
Societe Generale		37,299		3,652

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
France—continued

Societe Television Francaise 1(a)		14,088		310
Sodexho Alliance SA		9,614		591
SUEZ SA		85,046		5,581
Technip SA		10,030		781
Thales		9,004		583
Thomson		30,002		208
Total SA(a)		171,187		12,712
Unibail-Rodamco		6,346		1,633
Valeo SA		8,557		339
Vallourec SA		4,259		1,034
Veolia Environnement		29,004		2,022
Vinci SA(a)		32,073		2,318
Vivendi(a)		93,370		3,648
Zodiac SA		4,517		222

				103,889

Germany (15.1%)
Adidas AG		32,186		2,144
Allianz SE		60,287		11,970
ALTANA AG		6,769		144
BASF AG		62,138		8,401
Bayer AG		96,597		7,746
Bayerische Motoren Werke AG(a)		24,347		1,347
Beiersdorf AG		14,203		1,191
Bilfinger Berger AG		6,418		552
Celesio AG		13,686		682
Commerzbank AG		85,734		2,699
Continental AG		19,986		2,053
Daimler AG(a)		126,541		10,833
Deutsche Bank AG		66,335		7,540
Deutsche Boerse AG		27,438		4,447
Deutsche Lufthansa AG		33,601		911
Deutsche Post AG		102,918		3,149
Deutsche Postbank AG		12,469		1,194
Deutsche Telekom AG		368,707		6,170
Douglas Holding AG		3,077		167
E.ON AG		80,861		15,088
GEA Group AG*		23,053		775
Heidelberger Druckmaschinen AG(a)		10,946		293
Henkel KGaA		12,557		532
Henkel KGaA. Vorzug		23,235		1,073
Hochtief AG		6,438		590
Hypo Real Estate Holding AG		31,070		821
Infineon Technologies AG*		107,917		761
IVG Immobilien AG		14,944		421
K+S AG		5,594		1,840
Karstadt Quelle AG*		12,433		250
Linde AG		15,467		2,185
MAN AG		15,077		2,012
Merck KGaA(a)		9,684		1,203
METRO AG		20,905		1,685
MLP AG(a)		5,445		77
Muenchener Rueckversicherungs-Gesellschaft AG		27,785		5,439
Q-Cells AG*(a)		6,803		684
Rheinmetall AG		6,324		446
RWE AG		58,367		7,209
Salzgitter AG		6,584		1,153
SAP AG		115,291		5,715
Siemens AG		115,338		12,598
Solarworld AG		12,484		604
Suedzucker AG(a)		5,838		129
ThyssenKrupp AG		49,701		2,843
TUI AG*(a)		33,841		870
Volkswagen AG		21,330		6,192
Wincor Nixdorf AG		3,168		253

				147,081

Greece (1.6%)
Alpha Bank A.E.		65,806		2,182
Coca-Cola Hellenic Bottling Co. SA		29,740		1,385
EFG Eurobank Ergasias SA		52,239		1,587
Hellenic Petroleum SA		22,530		297
Hellenic Technodomiki Tev SA		12,760		156
Hellenic Telecommunications Organization SA		56,210		1,595
National Bank of Greece SA		64,264		3,390
OPAP SA		43,550		1,552
Piraeus Bank SA		57,475		1,768
Public Power Corp. SA		22,100		966
Titan Cement Co. SA		12,960		551
Viohalco SA		18,180		188

				15,617

Hong Kong (1.2%)
Bank of East Asia Ltd.		83,842		420
BOC Hong Kong Holdings, Ltd.		193,500		466
Cheung Kong (Holdings), Ltd.		97,000		1,377
CLP Holdings Ltd.		65,600		540
Esprit Holdings, Ltd.		52,000		624

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Hong Kong—continued

Foxconn International Holdings Ltd.*		136,000		184
Hang Seng Bank, Ltd.		38,000		688
Henderson Land Development Co., Ltd.		70,000		497
Hong Kong & China Gas Co. Ltd. (The)		180,960		544
Hong Kong Electric Holdings Ltd.		69,000		436
Hong Kong Exchanges & Clearing, Ltd.		56,500		970
Hutchison Whampoa, Ltd.		134,080		1,269
Li & Fung Ltd.		127,400		472
Link REIT (The)		108,865		241
New World Development Co., Ltd.(a)		155,343		376
PCCW Ltd.		260,326		164
Sun Hung Kai Properties, Ltd.		67,600		1,055
Swire Pacific Ltd.		44,500		502
Wharf Holdings Ltd. (The)		88,625		417

				11,242

Ireland (0.9%)
Allied Irish Banks PLC		73,962		1,576
Anglo Irish Bank Corp. PLC		62,640		841
Bank of Ireland		104,538		1,555
CRH PLC		47,804		1,817
DCC PLC		4,864		115
Elan Corp. PLC*		44,681		916
Irish Life & Permanent PLC		5,950		115
Irish Life & Permanent PLC. Dublin		26,986		527
Kerry Group PLC		14,790		463
Kingspan Group PLC		14,621		195
Ryanair Holdings PLC*		46,355		205

				8,325

Italy (9.0%)
A2A SpA		98,927		363
Alleanza Assicurazioni SpA		71,206		930
Arnoldo Mondadori Editore SpA(a)		15,949		135
Assicurazioni Generali SpA		183,662		8,257
Autogrill SpA		27,111		405
Autostrade SpA		54,907		1,660
Banca Intesa SpA		1,360,310		9,588
Banca Monte dei Paschi di Siena SpA(a)		235,524		1,043
Banca Popolare di Milano Scarl SpA		89,773		986
Banco Popolare Scarl*		120,317		1,992
Bulgari SpA(a)		40,934		473
Enel SpA		706,210		7,492
Eni SpA		459,668		15,674
Fiat SpA(a)		135,759		3,140
Finmeccanica SpA		56,304		1,914
Fondiaria-Sai SpA		14,897		617
Intesa Sanpaolo		136,678		900
Italcementi SpA(a)		16,830		341
Lottomatica SpA(a)		15,430		480
Luxottica Group SpA(a)		29,981		756
Mediaset SpA(a)		166,077		1,536
MEDIOBANCA-Banca di Credito Finanziario SpA(a)		100,255		2,056
Mediolanum SpA(a)		69,790		427
Parmalat SpA		327,886		1,260
Pirelli & C. SpA(a)		666,562		583
Prysmian SpA*		26,340		562
Saipem SpA		29,761		1,205
Seat Pagine Gialle SpA(a)		1,121,773		194
Snam Rete Gas SpA		190,418		1,211
Telecom Italia RNC SpA		1,013,181		1,678
Telecom Italia SpA		1,863,684		3,898
Terna SpA(a)		259,626		1,108
UniCredito Italiano SpA		1,646,057		11,018
Unione di Banche Italiane Scpa		119,176		3,053

				86,935

Japan (20.4%)
77 Bank Ltd.		41,000		230
Acom Co. Ltd.		7,570		201
Advantest Corp.(a)		15,900		412
AEON Co. Ltd.		55,500		662
AEON Credit Service Co., Ltd.		10,200		136
Aiful Corp.(a)		8,900		143
Aisin Seiki Co., Ltd.		18,200		679
Ajinomoto Co., Inc.		61,000		618
All Nippon Airways Co. Ltd.(a)		64,000		282
Alps Electric Co. Ltd.		17,800		175
Amada Co. Ltd.		36,000		272
Asahi Breweries, Ltd.		40,300		831
Asahi Glass Co. Ltd.		75,000		827
Asahi Kasei Corp.		105,000		548
Astellas Pharma, Inc.		38,761		1,501
Bank of Yokohama Ltd. (The)		114,000		774
Benesse Corp.		6,900		325

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Japan—continued

Bridgestone Corp.		51,900		884
Canon, Inc.		79,900		3,680
Casio Computer Co. Ltd.		23,600		346
Central Japan Railway Co.		128		1,323
Chiba Bank Ltd. (The)		73,000		496
Chubu Electric Power Co., Inc.		52,700		1,317
Chugai Pharmaceutical Co., Ltd.(a)		27,900		316
Citizen Holdings Co., Ltd.(a)		34,100		288
Credit Saison Co. Ltd.		16,200		452
CSK Corp.(a)		7,400		171
Dai Nippon Printing Co. Ltd.		59,000		939
Daiichi Sankyo Co. Ltd.		57,025		1,685
Daikin Industries, Ltd.		22,400		964
Dainippon Ink & Chemicals, Inc.		63,000		196
Daito Trust Construction Co. Ltd.		7,700		397
Daiwa House Industry Co. Ltd.		46,000		456
Daiwa Securities Group, Inc.		126,000		1,092
Denki Kagaku Kogyo Kabushiki Kaisha		55,000		173
DENSO Corp.		32,600		1,053
Dentsu, Inc.		194		442
DOWA Mining Co. Ltd.		30,000		178
East Japan Railway Co.		264		2,196
Eisai Co. Ltd.		21,200		723
Electric Power Development Co. Ltd.		14,920		537
FANUC Ltd.		15,300		1,455
Fast Retailing Co. Ltd.		5,300		467
Fuji Electic Holdings Co. Ltd.		56,000		228
Fuji Photo Film Co. Ltd.		39,600		1,403
Fujikura Ltd.		36,000		163
Fujitsu Ltd.		157,000		1,027
Fukuoka Financial Group, Inc.		74,000		385
Furukawa Electric Co. Ltd. (The)		68,000		220
Gunma Bank Ltd. (The)		41,000		293
Hankyu Hanshin Holdings, Inc.		110,000		476
Hirose Electric Co. Ltd.(a)		3,200		359
Hitachi Chemical Co. Ltd.		10,900		205
Hitachi Ltd.(a)		265,000		1,572
Hokkaido Electric Power Co., Inc.		18,200		423
Hokuhoku Financial Group, Inc.		118,000		355
Honda Motor Co. Ltd.		122,200		3,488
Hoya Corp.		35,800		841
Ibiden Co. Ltd.		12,100		476
Inpex Holdings, Inc.		77		858
Isetan Co. Ltd.		19,000		221
Ishikawajima-Harima Heavy Industries Co. Ltd.(a)		131,000		254
Itochu Techno-Solutions Corp.		134,000		1,323
J. Front Retailing Co. Ltd.		39,800		254
Japan Real Estate Investment Corp. REIT		37		431
Japan Retail Fund Investment Corp. REIT		41		259
Japan Steel Works Ltd. (The)(a)		28,000		477
Japan Tobacco, Inc.		353		1,767
JFE Holdings, Inc.		46,875		2,079
JGC Corp.		21,000		321
Joyo Bank Ltd. (The)		66,300		335
JS Group Corp.		26,512		398
JSR Corp.		17,800		403
Kajima Corp.(a)		89,000		252
Kamigumi Co. Ltd.		30,000		237
Kaneka Corp.		33,000		206
Kansai Electric Power Co., Inc. (The)		55,700		1,386
Kansai Paint Co. Ltd.		26,000		169
Kao Corp.		37,000		1,049
Kawasaki Heavy Industries Ltd.		134,000		299
Kawasaki Kisen Kaisha, Ltd.(a)		55,000		535
KDDI Corp.		196		1,198
Keihin Electric Express Railway Co. Ltd.(a)		48,000		327
Keio Electric Railway Co. Ltd.		58,000		323
Keyence Corp.		3,360		773
Kintetsu Corp.(a)		156,250		558
Kirin Brewery Co. Ltd.		65,000		1,229
Kobe Steel Ltd.		254,000		724
Kokuyo Co. Ltd.(a)		4,000		34
Komatsu Ltd.		71,600		1,987
Konami Corp.(a)		8,900		335

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Japan—continued

Konica Minolta Holdings, Inc.		46,000		625
Kubota Corp.		100,000		621
Kuraray Co. Ltd.		36,000		429
Kurita Water Industries Ltd.		11,200		412
Kyocera Corp.		13,500		1,134
Kyowa Hakko Kogyo Co. Ltd.		18,000		172
Kyushu Electric Power Co., Inc.		31,800		777
Lawson, Inc.		6,200		274
Leopalace21 Corp.		12,700		205
Mabuchi Motor Co., Ltd.		2,800		135
Makita Corp.		11,500		361
Marubeni Corp.		155,000		1,129
Marui Co. Ltd.		29,400		313
Matsushita Electric Industrial Co., Ltd.		149,880		3,248
Matsushita Electric Works Ltd.		37,000		381
Millea Holdings, Inc.		55,600		2,053
Minebea Co. Ltd.		36,000		210
Mitsubishi Chemical Holdings Corp.		103,500		684
Mitsubishi Corp.		106,600		3,220
Mitsubishi Electric Corp.		151,000		1,306
Mitsubishi Estate Co., Ltd.		95,000		2,307
Mitsubishi Gas Chemical Co., Inc.		37,000		263
Mitsubishi Heavy Industries Ltd.(a)		266,000		1,137
Mitsubishi Logistics Corp.(a)		13,000		167
Mitsubishi Materials Corp.		106,000		461
Mitsubishi Rayon Co. Ltd.(a)		64,000		205
Mitsubishi UFJ Financial Group, Inc.		668,880		5,772
Mitsui & Co. Ltd.		136,000		2,757
Mitsui Chemicals, Inc.		63,000		417
Mitsui Engineering & Shipbuilding Co. Ltd.		73,000		196
Mitsui Fudosan Co. Ltd.		70,000		1,390
Mitsui Mining & Smelting Co. Ltd.		65,000		204
Mitsui O.S.K. Lines, Ltd.		102,000		1,233
Mitsui Sumitomo Insurance Co. Ltd.		98,340		994
Mitsui Trust Holdings, Inc.		75,000		454
Mitsukoshi Ltd.		45,000		176
Mizuho Financial Group, Inc.(a)		772		2,827
Murata Manufacturing Co. Ltd.		18,600		924
Namco Bandai Holdings, Inc.		20,050		272
NEC Corp.		175,000		667
NGK Insulators Ltd.		26,000		460
NGK Spark Plug Co. Ltd.(a)		17,000		221
Nidec Corp.		10,400		640
Nikon Corp.		30,000		799
Nintendo Co. Ltd.		7,800		4,023
Nippon Building Fund, Inc. REIT		46		582
Nippon Electric Glass Co. Ltd.		33,500		518
Nippon Express Co. Ltd.		79,000		454
Nippon Meat Packers, Inc.		20,000		295
Nippon Mining Holdings, Inc.		84,500		448
Nippon Oil Corp.		120,000		749
Nippon Sheet Glass Co. Ltd.		60,000		266
Nippon Steel Corp.(a)		457,000		2,316
Nippon Telegraph & Telephone Corp.		378		1,631
Nippon Unipac Holding		88		208
Nippon Yusen Kabushiki Kaisha(a)		106,000		996
Nissan Chemical Industries Ltd.		17,000		179
Nissan Motor Co. Ltd.		182,700		1,511
Nisshin Seifun Group, Inc.		18,300		195
Nisshin Steel Co. Ltd.		84,000		291
Nissin Food Products Co. Ltd.(a)		8,900		300
Nitto Denko Corp.		15,200		642
NOK Corp.		11,200		229
Nomura Holdings, Inc.		141,500		2,116
Nomura Research Institute, Ltd.		11,000		288
NSK Ltd.		44,000		333
NTN Corp.(a)		37,000		252
NTT Data Corp.		121		529
NTT DoCoMo, Inc.		1,214		1,839
Obayashi Corp.		61,000		256
Odakyu Electric Railway Co. Ltd.(a)		61,000		452
Oji Paper Co. Ltd.		81,000		365
Olympus Corp.		21,000		636
OMRON Corp.		20,300		417

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Japan—continued

Onward Kashiyama Co. Ltd.		16,000		163
Oriental Land Co. Ltd.(a)		4,800		282
ORIX Corp.		8,130		1,109
Osaka Gas Co., Ltd.		193,000		771
Pioneer Corp.		18,600		185
Promise Co., Ltd.		8,000		230
Rakuten, Inc.		648		388
Resona Holdings, Inc.(a)		485		808
Ricoh Co. Ltd.		59,000		970
ROHM Co. Ltd.		9,300		576
Sankyo Co., Ltd.		5,300		315
SANYO Electric Co. Ltd.*		158,000		333
SBI Holdings, Inc.		924		222
Secom Co. Ltd.		19,300		937
Sega Sammy Holdings, Inc.(a)		20,804		220
Seiko Epson Corp.(a)		12,500		337
Sekisui Chemical Co. Ltd.		46,000		278
Sekisui House Ltd.(a)		44,000		407
Seven & I Holdings Co. Ltd.		59,640		1,496
Sharp Corp.		85,000		1,445
Shimamura Co. Ltd.		2,200		189
Shimano, Inc.		6,800		313
Shimizu Corp.		59,000		271
Shin-Etsu Chemical Co. Ltd.		30,500		1,576
Shinsei Bank Ltd.(a)		96,000		317
Shionogi & Co. Ltd.		30,000		512
Shiseido Co., Ltd.		32,000		846
Shizuoka Bank Ltd. (The)		55,000		650
Showa Denko KK		111,000		374
Showa Shell Sekiyu KK(a)		21,600		218
SMC Corp.		5,400		569
Softbank Corp.(a)		60,800		1,102
Sompo Japan Insurance, Inc.		72,000		636
Sony Corp.		78,900		3,143
Stanley Electric Co., Ltd.		14,400		351
Sumitomo Chemical Co. Ltd.		134,000		858
Sumitomo Corp.		92,400		1,217
Sumitomo Electric Industries Ltd.		59,900		759
Sumitomo Heavy Industries Ltd.		55,000		355
Sumitomo Metal Industries Ltd.		340,000		1,290
Sumitomo Metal Mining Co. Ltd.		48,000		893
Sumitomo Mitsui Financial Group, Inc.(a)		511		3,364
Sumitomo Realty & Development Co. Ltd.		35,000		617
Sumitomo Trust & Banking Co. Ltd. (The)		106,000		730
Suruga Bank Ltd.		22,000		277
Suzuken Co. Ltd.		6,400		263
T&D Holdings, Inc.		17,150		898
Taiheiyo Cement Corp.		97,000		234
Taisei Corp.		95,000		242
Taisho Pharmaceutical Co. Ltd.		14,000		278
Taiyo Yuden Co. Ltd.(a)		12,000		117
Takashimaya Co. Ltd.(a)		29,000		326
Takeda Pharmaceutical Co. Ltd.		61,300		3,069
Takefuji Corp.		11,000		233
TDK Corp.		11,900		703
Teijin Ltd.		83,000		350
Terumo Corp.		16,200		845
THK Co. Ltd.		12,600		217
Tobu Railway Co. Ltd.(a)		78,000		416
Toho Co. Ltd.		11,300		265
Tohoku Electric Power Co., Inc.		38,100		931
Tokyo Electric Power Co., Inc. (The)		90,200		2,412
Tokyo Electron Ltd.		15,600		949
Tokyo Gas Co. Ltd.(a)		194,000		784
Tokyu Corp.		106,000		540
TonenGeneral Sekiyu KK		29,000		248
Toppan Printing Co. Ltd.		56,000		650
Toray Industries, Inc.(a)		116,000		753
Toshiba Corp.(a)		248,000		1,657
Tosoh Corp.		55,000		189
TOTO Ltd.(a)		27,700		262
Toyo Seikan Kaisha Ltd.(a)		16,200		308
Toyota Industries Corp.		13,000		462
Toyota Motor Corp.		207,500		10,348
Toyota Tsusho Corp.		22,300		473
Trend Micro, Inc.		10,500		412
Ube Industries Ltd.		95,000		308
Uni-Charm Corp.		4,200		307
UNY Co. Ltd.(a)		21,000		201
Ushio, Inc.		11,100		209
USS Co. Ltd.		2,890		200
Wacoal Corp.(a)		6,000		89
West Japan Railway Co.		163		716
Yahoo Japan Corp.		1,418		737
Yakult Honsha Co. Ltd.(a)		10,700		332
Yamada Denki Co., Ltd.		7,810		674
Yamaha Corp.		17,500		335

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Japan—continued

Yamaha Motor Co. Ltd.		18,500		340
Yamato Transport Co. Ltd.		37,000		542
Yokogawa Electric Corp.		20,400		204

				197,632

Luxembourg (0.7%)
ArcelorMittal		78,135		6,400

Netherlands (2.6%)
Aegon NV		104,606		1,539
Akzo Nobel NV		18,114		1,453
ASML Holding NV		31,012		763
Fugro NV		5,029		390
Heineken NV		16,651		967
ING Groep NV		132,425		4,959
Koninklijke (Royal) KPN NV		140,332		2,370
Koninklijke Ahold NV*		95,889		1,423
Koninklijke DSM NV(a)		12,541		605
QIAGEN NV*		14,475		300
Randstad Holding NV(a)		4,676		219
Reed Elsevier NV		54,098		1,032
Royal Philips Electronics NV(a)		77,850		2,978
SBM Offshore NV		12,700		410
TPG NV		31,921		1,186
Unilever NV		111,819		3,754
Vedior NV		15,332		445
Wolters Kluwer NV		25,414		673

				25,466

New Zealand (0.4%)
Auckland International Airport Ltd.(a)		343,127		615
Contact Energy Ltd.		101,063		634
Fisher & Paykel Appliances Holdings Ltd.		47,655		88
Fisher & Paykel Healthcare Corp. Ltd.		89,752		207
Fletcher Building Ltd.		160,322		1,057
Kiwi Income Property Trust		126,169		120
Sky City Entertainment Group Ltd.		158,294		459
Telecom Corp. of New Zealand Ltd.		408,134		1,200

				4,380

Norway (1.8%)
Acergy SA		29,150		628
Aker Kvaerner ASA*		24,140		550
Det Norske Oljeselskap ASA*(a)		63,200		113
DnB NOR ASA		107,540		1,633
Frontline Ltd.(a)		4,300		197
Norske Skogindustrier ASA(a)		91,300		1,331
Orkla ASA		125,940		1,596
Petroleum Geo-Services ASA(a)		25,102		621
Renewable Energy Corp. ASA*		22,800		636
Schibsted ASA		3,850		115
SeaDrill Ltd.(a)		38,700		1,038
Statoil ASA		166,290		4,984
Storebrand ASA		65,000		512
Tandberg ASA		8,894		133
Telenor ASA(a)		112,400		2,153
Tomra Systems ASA(a)		12,150		92
Yara International ASA(a)		26,640		1,541

				17,873

Portugal (0.9%)
Banco BPI SA		56,285		298
Banco Comercial Portugues SA		398,463		1,296
Banco Espirito Santo SA		56,511		982
Brisa-Auto-estradas de Portugal SA		75,348		1,076
CIMPOR-Cimentos de Portugal, SGPS, SA		49,768		451
Energias de Portugal SA		352,729		2,138
Jeronimo Martins SGPS SA		23,736		191
Portugal Telecom SGPS SA		139,858		1,625
PT Multimedia-Servicos de Telecomunicacoes e Multimedia, SGPS, SA		58,403		692
Sonae, SGPS, SA		197,491		363

				9,112

Singapore (0.6%)
Capitaland Ltd.		120,000		554
City Developments, Ltd.		35,000		280
DBS Group Holdings Ltd.		69,467		909
Keppel Corp. Ltd.		76,000		547
Oversea-Chinese Banking Corp., Ltd.		146,700		863
Singapore Airlines, Ltd.		30,800		349
Singapore Press Holdings Ltd.		88,750		297
Singapore Telecommunications Ltd.		460,660		1,309
United Overseas Bank Ltd.		72,000		1,001

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Singapore—continued

UOL Group Ltd.		36,300		102
Venture Corp. Ltd.		16,000		123

				6,334

Spain (6.6%)
Abertis Infraestructuras SA(a)		35,209		1,147
Acciona SA		3,961		1,061
Acerinox SA(a)		24,726		685
Actividades de Construccion y Servicios SA (ACS)(a)		25,543		1,454
Antena 3 de Television SA(a)		14,464		199
Banco Bilbao Vizcaya Argentaria SA		405,531		8,930
Banco de Sabadell SA(a)		83,695		918
Banco Popular Espanol SA(a)		111,356		2,021
Banco Santander Central Hispano SA		676,296		13,473
Cintra Concesiones de Infraestructuras de Transporte SA(a)		33,069		489
Corporacion Mapfre		81,800		411
Criteria Caixacorp SA		79,488		546
Enagas		20,323		607
Fomento de Construcciones y Contratas SA		7,204		474
Gamesa Corporacion Tecnologica SA		23,592		1,076
Gas Natural SDG SA(a)		14,902		922
Grupo Ferrovial SA(a)		8,744		635
Iberdrola Renovables*		80,782		562
Iberdrola SA		409,292		6,345
Iberia Lineas Aereas de Espana SA		81,447		355
Indra Sistemas SA(a)		17,643		508
Industria de Diseno Textil SA(a)		27,000		1,500
Promotora de Informaciones SA(a)		13,133		198
Red Electrica de Espana		17,651		1,081
Repsol YPF SA		91,421		3,155
Sacyr Vallehermoso Group SA(a)		13,702		476
Telefonica SA		465,574		13,376
Union Fenosa SA		14,772		993
Zeltia SA		13,917		102

				63,699

Sweden (1.8%)
ASSA ABLOY AB(a)		22,600		410
Atlas Copco AB, Cl A(a)		47,600		813
Atlas Copco AB, Cl B(a)		26,882		422
Boliden AB		24,150		257
Electrolux AB, Ser B(a)		17,900		294
Getinge AB, Cl B(a)		13,400		348
H&M Hennes & Mauritz AB		26,000		1,598
Husqvarna AB, Cl B(a)		20,000		241
Nordea Bank AB(a)		122,600		1,988
Sandvik AB		62,500		1,086
Scania AB		25,508		536
Securitas AB, Cl B(a)		25,000		330
Securitas Systems AB, Cl B		11,000		32
Skandinaviska Enskilda Banken AB*		31,800		833
Skanska AB, Cl B		27,900		559
SKF AB, Cl B		27,400		551
SSAB Svenskt Stal AB, Ser A(a)		14,800		416
Svenska Cellulosa AB, Cl. B*		19,100		348
Svenska Handelsbanken AB, Cl A		34,400		1,002
Swedish Match AB		18,400		401
Tele2 AB, Cl B		21,600		408
Telefonaktiebolaget LM Ericsson		896,800		1,760
TeliaSonera AB(a)		133,500		1,072
Volvo AB, Cl A(a)		31,485		469
Volvo AB, Cl B		64,550		978

				17,152

Switzerland (2.1%)
ABB, Ltd.		48,024		1,289
Adecco SA		4,224		244
Compagnie Financiere Richemont SA		14,338		804
Credit Suisse Group		25,518		1,299
Holcim Ltd.		5,322		559
Nestle SA		7,985		3,991
Nobel Biocare Holding AG		760		177
Novartis AG		45,622		2,339
Roche Holding AG		14,545		2,738
STMicroelectronics NV(a)		63,878		680
Swiss Re(a)		8,351		730
Swisscom AG		718		246
Syngenta AG		2,671		783

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Switzerland—continued

UBS AG		50,762		1,475
Xstrata PLC		26,090		1,826
Zurich Financial Services AG(a)		3,189		1,005

				20,185

United Kingdom (10.7%)
3i Group PLC		18,658		307
Allied Irish Banks PLC		10,760		228
Anglo American PLC		52,264		3,140
AstraZeneca PLC		58,238		2,177
Aviva PLC		103,080		1,263
BAE Systems PLC		155,677		1,499
Barclays PLC		269,380		2,422
Barratt Developments PLC		17,427		143
BG Group PLC		142,079		3,290
BHP Billiton PLC		91,344		2,710
Biffa PLC		10,474		72
BP PLC		744,051		7,560
British American Tobacco PLC		59,541		2,234
British Energy Group PLC		43,000		557
British Land Co. PLC (The)		25,812		470
British Sky Broadcasting Group PLC		54,813		605
BT Group PLC		334,661		1,443
Bunzl PLC		16,806		237
Burberry Group PLC		23,966		214
Cadbury Schweppes PLC		89,118		979
Capita Group PLC		29,586		398
Carnival PLC		8,612		342
Centrica PLC		176,925		1,047
Compass Group PLC		93,623		599
CRH PLC		2,431		92
Daily Mail & General Trust PLC		14,668		126
Diageo PLC		95,053		1,916
DSG International PLC		105,592		133
Enterprise Inns PLC		24,799		197
Experian Group Ltd.		51,122		372
Friends Provident PLC		92,012		226
GKN PLC		34,813		210
GlaxoSmithKline PLC		213,220		4,510
Hammerson PLC		14,123		312
Hays PLC		72,491		164
HBOS PLC		155,009		1,723
Home Retail Group PLC		44,118		229
HSBC Holdings PLC		430,873		7,097
ICAP PLC		25,085		283
Imperial Tobacco Group PLC		30,358		1,396
InterContinental Hotels Group PLC		15,299		231
International Power PLC		72,172		570
ITV PLC		192,592		242
J Sainsbury PLC		76,939		524
Johnson Matthey PLC		10,850		432
Kingfisher PLC		118,555		311
Land Securities Group PLC		22,409		671
Legal & General Group PLC		263,352		661
Liberty International PLC		12,575		243
Lloyds TSB Group PLC		231,259		2,070
Man Group PLC		77,508		853
Man Group PLC — Deferred Shares(b)(c)		88,581		—
Marks & Spencer Group PLC		81,856		629
Mondi Ltd.		17,442		145
National Grid PLC		115,792		1,589
Next PLC		10,148		229
Old Mutual PLC		251,643		552
Pearson PLC		39,938		540
Persimmon PLC		15,338		233
Prudential PLC		100,402		1,326
Punch Taverns PLC		15,767		169
Reckitt Benckiser Group PLC		25,804		1,429
Reed Elsevier PLC		52,968		674
Rentokil Initial PLC		89,852		173
Resolution PLC		24,111		328
Reuters Group PLC		60,781		700
Rio Tinto PLC(a)		38,979		4,048
Rolls-Royce PLC		89,282		714
Rolls-Royce PLC, Cl B		3,606,992		7
Royal & Sun Alliance Insurance Group PLC		153,921		393
Royal Bank of Scotland Group PLC (The)		420,708		2,816
Royal Dutch Shell PLC, Cl A		131,805		4,543
Royal Dutch Shell PLC, Cl B		105,913		3,565
SABMiller PLC		39,318		861
Sage Group PLC (The)		65,479		244
Scottish & Newcastle PLC		38,633		606
Scottish & Southern Energy PLC		41,643		1,160
Segro PLC		21,576		217
Severn Trent PLC		11,544		325
Smith & Nephew PLC		43,895		581
Smiths Group PLC		18,934		353
Standard Chartered PLC		31,107		1,063
Standard Life PLC		74,777		365
Tate & Lyle PLC		23,905		256

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
International Equity Index Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
United Kingdom—continued

Tesco PLC		316,236		2,378
Tomkins PLC		52,405		186
Tullow Oil PLC		30,958		406
Unilever PLC		53,730		1,812
United Business Media PLC		14,507		155
United Utilities PLC		43,456		595
Vodafone Group PLC		2,058,959		6,165
Whitbread PLC		9,884		229
William Hill Organization Ltd.		20,662		154
Wolseley PLC		32,648		343
WPP Group PLC		55,229		659
Yell Group PLC		38,591		118

				103,763

Total Foreign Common Stocks				944,473

Foreign Preferred Stocks (0.8%)
Germany (0.7%)
Fresenius AG, 1.510%		4,546		381
Fresenius Medical Care AG, 1.230%		27,672		1,389
Porsche AG, 5.000%		12,280		2,252
ProSiebenSat.1 Media AG, 0.840%		13,959		303
RWE AG, 1.750%		4,510		431
Volkswagen AG, 1.210%		14,633		2,426

				7,182

Italy (0.1%)
Compagnia Assicuratrice Unipol SpA, 0.125%(a)		202,772		582

Total Foreign Preferred Stocks				7,764

Exchange Traded Funds (1.3%)
iShares MSCI EAFE Index Fund(a)		127,000		9,131
iShares MSCI Germany Index Fund(a)		37,000		1,166
iShares MSCI Italy Index Fund		24,000		709
iShares MSCI Japan Index Fund(a)		55,000		681
iShares MSCI Spain Index Fund(a)		7,000		430

Total Exchange Traded Funds				12,117

Rights — Foreign (0.0%)
Japan (0.0%)
Dowa Mining Rights(b)(c)		25,000		—

Total Rights — Foreign				—

Short-Term Investments (13.2%)
Brown Brothers Harriman & Co., Cayman Islands Cash Sweep		2,365,741		2,366
Credit Suisse Enhanced Liquidity Fund(d)		126,005,442		126,005

Total Short-Term Investments				128,371

Total Investments (Cost $790,965)(e) — 112.6%				1,092,725
Liabilities in excess of other assets — (12.6)%				(121,988	)

Net Assets — 100.0%			$	970,737


*		Non-income producing security.

(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008, in thousands, was $119,968.

(b)		Fair Value is Zero.

(c)		Valued at fair value using methods determined by the Board. Fair valued securities held by the Fund represent 0.0% of net assets as of March 31, 2008.

(d)		This security was purchased with cash collateral held from securities lending.

(e)		Represents cost for financial reporting purposes.


ADR		— American Depositary Receipt

PPS		— Partially Protected Shares

REIT		— Real Estate Investment Trust

The investment concentrations for the International Equity Index Fund as a percentage of net assets, by industry, as of March 31, 2008, were as follows:


Consumer Discretionary			11.8%
Consumer Staples			6.2%
Energy			7.2%
Financials			27.3%
Health Care			4.3%
Industrials			12.4%
Information Technology			5.1%
Materials			9.4%
Metals			0.4%
Short-Term Investments			14.5%
Telecommunication Services			6.1%
Transportation			0.1%
Utilities			7.8%

Amounts designated as “—” are $0 or have been round to $0.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Large Cap Core Equity Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (98.4%)
Consumer Discretionary (8.9%)
Home Depot, Inc. (The)		325,000		9,090
McDonald’s Corp.		350,000		19,520
McGraw-Hill Cos., Inc. (The)		320,000		11,824
Omnicom Group, Inc.		300,000		13,254
Sony Corp. ADR		325,000		13,023
Target Corp.(a)		250,000		12,670
Time Warner, Inc.		1,300,000		18,226
Walt Disney Co. (The)(a)		625,000		19,612

				117,219

Consumer Staples (12.6%)
Anheuser-Busch Cos., Inc.		300,000		14,235
Cadbury Schweppes PLC ADR		500,000		22,110
Clorox Co. (The)		243,000		13,764
ConAgra Foods, Inc.(a)		100,000		2,395
CVS Caremark Corp.		650,000		26,331
Kraft Foods, Inc.		750,000		23,258
PepsiCo, Inc.		300,000		21,660
Procter & Gamble Co. (The)		350,000		24,524
Wal-Mart Stores, Inc.(a)		350,000		18,438

				166,715

Energy (10.7%)
Anadarko Petroleum Corp.		375,000		23,636
Baker Hughes, Inc.(a)		300,000		20,550
Chevron Corp.		325,000		27,742
Exxon Mobil Corp.		425,000		35,946
Halliburton Co.(a)		475,000		18,682
Valero Energy Corp.		300,000		14,733

				141,289

Financials (15.2%)
American International Group, Inc.(a)		450,000		19,463
Ameriprise Financial, Inc.(a)		400,000		20,740
Bank of America Corp.		550,000		20,850
Berkshire Hathaway, Inc., Cl B*		4,500		20,128
JPMorgan Chase & Co.		350,000		15,033
Legg Mason, Inc.(a)		84,199		4,713
MetLife, Inc.(a)		375,000		22,597
Morgan Stanley(a)		400,000		18,280
Principal Financial Group, Inc.(a)		400,000		22,288
State Street Corp.(a)		250,000		19,750
Wells Fargo & Co.(a)		575,000		16,733

				200,575

Health Care (10.9%)
Abbott Laboratories		325,000		17,924
Bristol-Myers Squibb Co.(a)		1,100,000		23,430
Cardinal Health, Inc.		222,000		11,657
Covidien Ltd.(a)		500,000		22,125
Johnson & Johnson		300,000		19,461
Medtronic, Inc.		375,000		18,139
Schering-Plough Corp.		1,000,000		14,410
UnitedHealth Group, Inc.		500,000		17,180

				144,326

Industrials (12.1%)
3M Co.		100,000		7,915
Burlington Northern Santa Fe Corp.		140,000		12,911
Eaton Corp.		115,000		9,162
Emerson Electric Co.		300,000		15,438
Equifax, Inc.(a)		500,000		17,240
General Electric Co.(a)		1,000,000		37,010
Goodrich Corp.		350,000		20,128
Tyco International Ltd.		450,000		19,823
United Technologies Corp.		300,000		20,646

				160,273

Information Technology (20.2%)
Accenture Ltd., Cl A(a)		650,000		22,861
Cisco Systems, Inc.*		1,500,000		36,135
Dell, Inc.*		700,000		13,944
eBay, Inc.*		575,000		17,158
Hewlett-Packard Co.		400,000		18,264
Intel Corp.		1,000,000		21,180
Microsoft Corp.(a)		1,000,000		28,380
Nokia Corp. ADR		688,000		21,899
Oracle Corp.*		1,000,000		19,560
Paychex, Inc.(a)		450,000		15,417
Texas Instruments, Inc.		400,000		11,308
Tyco Electronics Ltd.		700,000		24,024
Western Union Co.		800,000		17,016

				267,146

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Large Cap Core Equity Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Materials (1.9%)
Freeport-McMoRan Copper & Gold, Inc.(a)		50,000		4,811
Praxair, Inc.(a)		250,000		21,058

				25,869

Telecommunication Services (2.8%)
AT&T, Inc.		958,000		36,691

Utilities (3.1%)
Duke Energy Corp.(a)		1,185,000		21,152
Edison International(a)		400,000		19,608

				40,760

Total Common Stocks				1,300,863

Short-Term Investment (16.2%)
Credit Suisse Enhanced Liquidity Fund(b)		214,325,391		214,325

Total Short-Term Investment				214,325

Money Market Fund (1.0%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		12,803,351		12,803

Total Money Market Fund				12,803

Total Investments (Cost $1,397,464)(d) — 115.6%				1,527,991
Liabilities in excess of other assets — (15.6)%				(206,343	)

Net Assets — 100.0%			$	1,321,648


*		Non-income producing security.

(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008, in thousands, was $210,118.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.

ADR		— American Depositary Receipt

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Large Cap Growth Stock Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (96.6%)
Consumer Discretionary (8.6%)
GameStop Corp., Cl A*(a)		188,425		9,744
International Game Technology(a)		244,225		9,820
Johnson Controls, Inc.(a)		319,350		10,794
McDonald’s Corp.		269,750		15,044
NIKE, Inc., Cl B(a)		186,250		12,665
Target Corp.(a)		92,811		4,704

				62,771

Consumer Staples (15.5%)
Altria Group, Inc.		73,400		1,629
Anheuser-Busch Cos., Inc.		214,684		10,187
Avon Products, Inc.		253,273		10,014
Colgate-Palmolive Co.(a)		176,921		13,784
Costco Wholesale Corp.(a)		152,395		9,901
CVS Caremark Corp.		293,400		11,886
Owens-Illinois, Inc.*		79,000		4,458
PepsiCo, Inc.		257,954		18,624
Philip Morris International, Inc.*		73,400		3,713
Procter & Gamble Co. (The)		276,239		19,356
TJX Cos., Inc. (The)(a)		282,100		9,329

				112,881

Energy (8.9%)
Cameron International Corp.*(a)		189,600		7,895
Exxon Mobil Corp.		154,590		13,075
Halliburton Co.		324,811		12,775
Schlumberger Ltd.(a)		191,362		16,648
Transocean, Inc.*(a)		106,952		14,460

				64,853

Financials (8.7%)
AFLAC, Inc.(a)		251,625		16,343
Goldman Sachs Group, Inc. (The)		62,055		10,263
MasterCard, Inc., Cl A(a)		48,565		10,830
State Street Corp.(a)		171,580		13,555
Visa, Inc., Cl A*		97,021		6,050
Wells Fargo & Co.(a)		225,700		6,568

				63,609

Health Care (15.2%)
Aetna, Inc.(a)		192,975		8,122
Allergan, Inc.		196,375		11,074
Baxter International, Inc.		315,568		18,246
Covance, Inc.*		49,660		4,120
Express Scripts, Inc.*		208,780		13,429
Gilead Sciences, Inc.*(a)		369,075		19,019
Johnson & Johnson		242,399		15,725
Merck & Co., Inc.(a)		398,375		15,118
Millennium Pharmaceuticals, Inc.*(a)		366,775		5,670

				110,523

Industrials (11.6%)
Boeing Co. (The)		104,643		7,782
Deere & Co.		133,150		10,711
Emerson Electric Co.		265,679		13,672
Fluor Corp.		51,930		7,330
Honeywell International, Inc.		258,871		14,606
Raytheon Co.(a)		224,149		14,482
Roper Industries, Inc.		73,400		4,363
SPX Corp.(a)		42,900		4,500
Waters Corp.*(a)		119,653		6,665

				84,111

Information Technology (23.0%)
Adobe Systems, Inc.*(a)		304,675		10,843
Apple, Inc.*		64,295		9,226
Cisco Systems, Inc.*		457,318		11,017
Google, Inc., Cl A*		36,553		16,101
Hewlett-Packard Co.		445,756		20,353
Intel Corp.		498,850		10,566
International Business Machines Corp.		75,612		8,706
Juniper Networks, Inc.*(a)		285,525		7,138
MEMC Electronic Materials, Inc.*		149,875		10,626
Microsoft Corp.		733,822		20,826
Oracle Corp.*		604,663		11,827
QUALCOMM, Inc.		398,400		16,334
Research In Motion Ltd.*		63,210		7,094
Western Digital Corp.*(a)		239,220		6,469

				167,126

Materials (3.8%)
Arch Coal, Inc.		97,100		4,224
Monsanto Co.		100,400		11,194
Praxair, Inc.(a)		146,905		12,374

				27,792

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Large Cap Growth Stock Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Transportation (1.3%)
Union Pacific Corp.(a)		74,500		9,341

Total Common Stocks				703,007

Short-Term Investment (26.3%)
Credit Suisse Enhanced Liquidity Fund(b)		191,106,320		191,106

Total Short-Term Investment				191,106

Money Market Fund (4.1%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		29,934,361		29,934

Total Money Market Fund				29,934

Total Investments (Cost $851,404)(d) — 127.0%				924,047
Liabilities in excess of other assets — (27.0)%				(196,690	)

Net Assets — 100.0%			$	727,357


*		Non-income producing security.

(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008, in thousands, was $186,031.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Large Cap Quantitative Equity Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (99.0%)
Consumer Discretionary (8.0%)
Apollo Group, Inc., Cl A*		21,558		931
AutoZone, Inc.*		9,722		1,107
Avnet, Inc.*		48,559		1,589
Best Buy Co., Inc.		31,172		1,292
GameStop Corp., Cl A*		26,280		1,359
Garmin, Ltd.		18,210		984
Hasbro, Inc.		41,903		1,169
Johnson Controls, Inc.		43,226		1,461
Loews Corp. — Carolina Group		33,927		2,462
NIKE, Inc., Cl B		25,130		1,709
Omnicom Group, Inc.		29,727		1,313
Polo Ralph Lauren Corp.		18,229		1,063
VF Corp.		15,085		1,169
YUM! Brands, Inc.		39,535		1,471

				19,079

Consumer Staples (11.4%)
ConAgra Foods, Inc.		126,686		3,034
Gap, Inc. (The)		60,289		1,187
H.J. Heinz Co.		64,922		3,049
Hormel Foods Corp.		61,884		2,578
Kroger Co. (The)		116,893		2,969
Molson Coors Brewing Co., Cl B		51,553		2,710
Owens-Illinois, Inc.*		32,632		1,841
Procter & Gamble Co. (The)		103,283		7,237
RadioShack Corp.		63,724		1,036
TJX Cos., Inc. (The)		40,356		1,335

				26,976

Energy (13.0%)
Chevron Corp.		60,378		5,154
ConocoPhillips		51,081		3,893
Devon Energy Corp.		23,393		2,441
ENSCO International, Inc.		26,246		1,643
Exxon Mobil Corp.		130,484		11,036
FMC Technologies, Inc.*		24,850		1,414
Noble Energy, Inc.		21,638		1,575
Occidental Petroleum Corp.		35,863		2,624
ONEOK, Inc.		23,792		1,062

				30,842

Financials (10.8%)
ACE, Ltd.		41,725		2,297
AFLAC, Inc.		40,429		2,626
Annaly Capital Management, Inc. REIT		100,654		1,542
BlackRock, Inc., Cl A		9,466		1,933
Equity Residential REIT		55,102		2,286
Federated Investors, Inc., Cl B		49,078		1,922
Janus Capital Group, Inc.		84,859		1,975
MetLife, Inc.		48,373		2,915
Northern Trust Corp.		31,635		2,103
Public Storage, Inc. REIT		26,296		2,330
TD Ameritrade Holding Corp.*		107,272		1,771
Torchmark Corp.		33,927		2,039

				25,739

Health Care (11.6%)
Applera Corp. — Applied Biosystems Group		72,325		2,377
C.R. Bard, Inc.		26,856		2,589
Eli Lilly & Co.		66,874		3,450
Express Scripts, Inc.*		42,584		2,739
Humana, Inc.*		37,841		1,698
Intuitive Surgical, Inc.*		8,218		2,665
Laboratory Corp. of America Holdings*		32,111		2,366
Pfizer, Inc.		248,658		5,204
Watson Pharmaceuticals, Inc.*		85,311		2,501
WellPoint, Inc.*		44,142		1,948

				27,537

Industrials (12.3%)
AGCO Corp.*		27,087		1,622
Allied Waste Industries, Inc.*		176,377		1,907
Deere & Co.		29,343		2,360
General Dynamics Corp.		29,916		2,494
Honeywell International, Inc.		46,033		2,597
L-3 Communications Holdings, Inc.		19,524		2,135
Leucadia National Corp.		45,174		2,043
Lockheed Martin Corp.		24,324		2,415
Northrop Grumman Corp.		29,291		2,279
Parker Hannifin Corp.		31,062		2,152
Raytheon Co.		36,360		2,349
Ryder System, Inc.		31,983		1,948
Snap-on, Inc.		22,075		1,123
Terex Corp.*		28,999		1,812

				29,236

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Large Cap Quantitative Equity Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Information Technology (14.9%)
Accenture Ltd., Cl A		46,982		1,652
Activision, Inc.*		60,334		1,648
Affiliated Computer Services, Inc., Cl A*		34,989		1,753
BMC Software, Inc.*		53,955		1,755
Hewlett-Packard Co.		87,871		4,012
International Business Machines Corp.		43,096		4,962
Lexmark International, Inc.*		51,458		1,581
Microsoft Corp.		226,013		6,414
Novell, Inc.*		264,561		1,664
Oracle Corp.*		170,320		3,331
Seagate Technology		72,315		1,514
Sun Microsystems, Inc.*		117,898		1,831
Western Digital Corp.*		51,612		1,396
Xilinx, Inc.		78,766		1,871

				35,384

Insurance (5.0%)
Assurant, Inc.		32,370		1,970
Axis Capital Holdings, Ltd.		52,431		1,782
Chubb Corp. (The)		46,343		2,293
Cincinnati Financial Corp.		54,953		2,090
Everest Re Group Ltd.		20,215		1,810
Unum Group		93,215		2,052

				11,997

Materials (3.8%)
AK Steel Holding Corp.		32,112		1,747
Celanese Corp., Ser A		44,731		1,747
Eastman Chemical Co.		29,066		1,815
Mosaic Co. (The)*		16,225		1,665
Sigma-Aldrich Corp.		34,267		2,044

				9,018

Media (0.6%)
DIRECTV Group, Inc. (The)*		54,554		1,352

Oil & Gas (1.0%)
Apache Corp.		19,472		2,353

Telecommunication Services (3.5%)
AT&T, Inc.		134,803		5,163
Sprint Nextel Corp.		100,496		672
Verizon Communications, Inc.		68,151		2,484

				8,319

Utilities (3.1%)
CenterPoint Energy, Inc.		85,320		1,218
Public Service Enterprise Group, Inc.		35,371		1,422
Questar Corp.		23,131		1,308
Reliant Energy, Inc.*		46,214		1,093
TECO Energy, Inc.		78,199		1,247
Wisconsin Energy Corp.		25,865		1,138

				7,426

Total Common Stocks				235,258

Money Market Fund (1.4%)
RidgeWorth Institutional Cash Management Money Market Fund(a)		3,377,557		3,378

Total Money Market Fund				3,378

Total Investments (Cost $241,076)(b) — 100.4%				238,636
Liabilities in excess of other assets — (0.4)%				(906	)

Net Assets — 100.0%			$	237,730


*		Non-income producing security.

(a)		Affiliate investment.

(b)		Represents cost for financial reporting purposes.


REIT		— Real Estate Investment Trust

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Large Cap Value Equity Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (95.4%)
Consumer Discretionary (6.5%)
Darden Restaurants, Inc.		176,306		5,739
Foot Locker, Inc.		385,050		4,532
Harman International Industries, Inc.(a)		160,650		6,995
J.C. Penney Co., Inc.		185,000		6,976
News Corp., Cl A		591,900		11,098
OfficeMax, Inc.(a)		150,312		2,877
Pitney Bowes, Inc.		290,800		10,184
Time Warner, Inc.(a)		1,054,000		14,777

				63,178

Consumer Staples (11.0%)
Campbell Soup Co.		321,050		10,900
Clorox Co. (The)		269,050		15,239
ConAgra Foods, Inc.(a)		506,350		12,127
CVS Caremark Corp.		209,450		8,485
Hershey Co. (The)(a)		301,800		11,369
Home Depot, Inc. (The)		234,700		6,565
Procter & Gamble Co. (The)		160,350		11,236
Safeway, Inc.(a)		283,800		8,329
Sara Lee Corp.(a)		1,176,850		16,452
Wal-Mart Stores, Inc.(a)		121,950		6,424

				107,126

Energy (13.8%)
Baker Hughes, Inc.		90,400		6,192
Chevron Corp.		335,750		28,660
ConocoPhillips		395,150		30,114
Exxon Mobil Corp.		432,350		36,568
Marathon Oil Corp.		335,100		15,281
Talisman Energy, Inc.		593,600		10,507
Tidewater, Inc.		141,100		7,776

				135,098

Financials (23.3%)
American International Group, Inc.(a)		203,300		8,793
Bank of America Corp.		622,800		23,610
BB&T Corp.(a)		290,950		9,328
Citigroup, Inc.		449,929		9,637
Genworth Financial, Inc., Cl A(a)		419,550		9,499
Hartford Financial Services Group, Inc. (The)(a)		232,200		17,594
HCC Insurance Holdings, Inc.(a)		244,550		5,549
JPMorgan Chase & Co.		495,866		21,297
Legg Mason, Inc.(a)		182,700		10,228
Lincoln National Corp.		318,100		16,541
Morgan Stanley		107,358		4,906
Northern Trust Corp.		145,450		9,668
PNC Financial Services Group, Inc.(a)		152,700		10,012
Regions Financial Corp.(a)		727,700		14,372
Travelers Cos., Inc. (The)		357,550		17,109
U.S. Bancorp		267,200		8,647
Wachovia Corp.(a)		556,750		15,032
Washington Mutual, Inc.(a)		618,800		6,374
Wells Fargo & Co.(a)		316,200		9,201

				227,397

Health Care (7.9%)
Bristol-Myers Squibb Co.		341,500		7,274
Cardinal Health, Inc.		153,813		8,077
Cooper Cos., Inc. (The)(a)		153,850		5,297
Johnson & Johnson		224,350		14,554
Merck & Co., Inc.		204,800		7,772
Pfizer, Inc.		1,026,900		21,493
Quest Diagnostics, Inc.(a)		105,400		4,771
Wyeth		184,950		7,724

				76,962

Industrials (13.3%)
Eaton Corp.		101,250		8,067
Emerson Electric Co.		205,254		10,562
General Electric Co.		925,300		34,244
Masco Corp.(a)		322,900		6,403
R.R. Donnelley & Sons Co.		256,600		7,778
Rockwell Automation, Inc.(a)		113,050		6,491
Southwest Airlines Co.(a)		678,350		8,412
Tyco Electronics Ltd.		181,900		6,243
United Parcel Service, Inc., Cl B(a)		168,250		12,286
United Technologies Corp.		159,300		10,963

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Large Cap Value Equity Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Industrials—continued

Waste Management, Inc.		357,700		12,004
Weyerhaeuser Co.(a)		97,650		6,351

				129,804

Information Technology (5.2%)
Harris Corp.		171,675		8,331
Intel Corp.		425,700		9,016
International Business Machines Corp.		79,100		9,108
Microsoft Corp.		287,250		8,152
Motorola, Inc.(a)		864,150		8,037
Texas Instruments, Inc.(a)		283,650		8,019

				50,663

Materials (2.3%)
Alcoa, Inc.		157,500		5,679
Ashland, Inc.		111,779		5,287
E.I. du Pont de Nemours & Co.		122,750		5,740
Sonoco Products Co.		209,832		6,008

				22,714

Telecommunication Services (5.0%)
AT&T, Inc.		736,500		28,208
Verizon Communications, Inc.(a)		566,810		20,660

				48,868

Utilities (7.1%)
Dominion Resources, Inc.(a)		176,086		7,191
Duke Energy Corp.(a)		399,706		7,135
Edison International		167,400		8,206
Entergy Corp.(a)		67,400		7,352
FPL Group, Inc.(a)		104,700		6,569
PG&E Corp.(a)		278,550		10,256
Public Service Enterprise Group, Inc.(a)		159,850		6,425
TECO Energy, Inc.(a)		326,903		5,214
Xcel Energy, Inc.(a)		538,550		10,744

				69,092

Total Common Stocks				930,902

Short Term Investment (19.4%)
Credit Suisse Enhanced Liquidity Fund(b)		188,737,925		188,738

Total Short Term Investment				188,738

Money Market Fund (3.8%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		37,272,329		37,272

Total Money Market Fund				37,272

Total Investments (Cost $1,163,534)(d) — 118.6%				1,156,912
Liabilities in excess of other assets — (18.6)%				(181,692	)

Net Assets — 100.0%			$	975,220


(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $184,366.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Mid-Cap Core Equity Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (98.6%)
Consumer Discretionary (12.3%)
Advance Auto Parts, Inc.		64,761		2,205
American Eagle Outfitters, Inc.(a)		136,451		2,389
Darden Restaurants, Inc.		47,657		1,551
International Game Technology(a)		70,146		2,821
J.C. Penney Co., Inc.		46,365		1,748
Jack in the Box, Inc.*(a)		78,684		2,114
Mattel, Inc.		115,152		2,292
McGraw-Hill Cos., Inc. (The)		44,543		1,646
Mohawk Industries, Inc.*(a)		33,915		2,429
Nordstrom, Inc.(a)		31,608		1,030
Omnicom Group, Inc.		59,359		2,623
Whirlpool Corp.(a)		22,114		1,919

				24,767

Consumer Staples (5.8%)
Church & Dwight Co., Inc.(a)		56,473		3,063
Clorox Co. (The)		46,952		2,659
ConAgra Foods, Inc.(a)		60,346		1,445
Pepsi Bottling Group, Inc. (The)(a)		71,646		2,430
Reynolds American, Inc.(a)		36,729		2,168

				11,765

Energy (10.6%)
Anadarko Petroleum Corp.		46,558		2,935
Cameron International Corp.*(a)		62,703		2,611
Chesapeake Energy Corp.(a)		68,628		3,167
Core Laboratories NV*		18,262		2,179
Diamond Offshore Drilling, Inc.(a)		23,845		2,776
Noble Energy, Inc.(a)		39,785		2,896
Patterson-UTI Energy, Inc.(a)		52,683		1,379
Spectra Energy Corp.		74,000		1,683
Tesoro Corp.(a)		59,521		1,786

				21,412

Financials (15.6%)
Ameriprise Financial, Inc.		56,946		2,953
AMB Property		42,153		2,294
Arch Capital Group Ltd.*		30,174		2,072
Discover Financial Services		95,232		1,559
Entertainment Properties Trust REIT(a)		44,153		2,178
Genworth Financial, Inc., Cl A(a)		84,721		1,918
Janus Capital Group, Inc.(a)		86,960		2,023
Jones Lang LaSalle, Inc.(a)		31,686		2,450
M&T Bank Corp.(a)		29,259		2,355
Marshall & Ilsley Corp.(a)		89,899		2,086
Principal Financial Group, Inc.(a)		59,602		3,320
ProLogis(a)		49,337		2,904
Raymond James Financial, Inc.(a)		68,790		1,581
SL Green Realty Corp. REIT(a)		21,925		1,786

				31,479

Health Care (9.8%)
Becton, Dickinson & Co.		26,252		2,254
Celgene Corp.*		39,027		2,392
Endo Pharmaceuticals Holdings, Inc.*		75,033		1,796
Express Scripts, Inc.*		36,743		2,363
Henry Schein, Inc.*(a)		36,503		2,095
Laboratory Corp. of America Holdings*(a)		28,548		2,103
Millipore Corp.*(a)		28,470		1,919
Thermo Fisher Scientific, Inc.*		42,372		2,409
Universal Health Services, Inc., Cl B		42,865		2,302

				19,633

Industrials (15.0%)
Copart, Inc.*		55,417		2,148
Covanta Holding Corp.*(a)		97,193		2,673
CSX Corp.		48,845		2,740
Curtiss-Wright Corp.		47,133		1,955
Dover Corp.		49,514		2,069
Eaton Corp.		30,333		2,416
Equifax, Inc.(a)		63,760		2,198
Goodrich Corp.		43,743		2,516
Ingersoll-Rand Co. Ltd., Cl A(a)		28,018		1,249
L-3 Communications Holdings, Inc.(a)		22,188		2,426

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Mid-Cap Core Equity Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Industrials—continued

PACCAR, Inc.(a)		49,426		2,224
Rockwell Automation, Inc.		28,825		1,655
Toro Co. (The)		47,158		1,952
Trane, Inc.(a)		45,630		2,094

				30,315

Information Technology (15.4%)
BMC Software, Inc.*(a)		72,111		2,345
Cadence Design Systems, Inc.*(a)		111,477		1,190
Harris Corp.		60,719		2,947
Juniper Networks, Inc.*(a)		101,803		2,545
NCR Corp.*		100,952		2,305
Novellus Systems, Inc.*(a)		109,368		2,302
Paychex, Inc.(a)		72,741		2,492
Sybase, Inc.*(a)		81,264		2,137
Teradata Corp.*		79,957		1,764
Total System Services, Inc.(a)		109,747		2,597
Tyco Electronics Ltd.		75,493		2,591
VeriSign, Inc.*(a)		43,406		1,443
VMware, Inc., Cl A*(a)		7,800		334
Western Union Co.		65,905		1,402
Xerox Corp.		186,006		2,785

				31,179

Materials (5.7%)
Air Products & Chemicals, Inc.(a)		23,000		2,116
Albemarle Corp.		51,614		1,885
FMC Corp.		53,447		2,966
Packaging Corp. of America(a)		91,357		2,040
Steel Dynamics, Inc.(a)		74,306		2,455

				11,462

Telecommunication Services (1.4%)
Qwest Communications International, Inc.(a)		272,696		1,235
Telephone & Data Systems, Inc.		41,170		1,617

				2,852

Utilities (6.9%)
American Electric Power Co., Inc.		65,943		2,745
Edison International(a)		56,505		2,770
MDU Resources Group, Inc.		114,513		2,811
OGE Energy Corp.		84,021		2,619
PG&E Corp.		77,092		2,839

				13,784

Total Common Stocks				198,648

Short-Term Investment (45.4%)
Credit Suisse Enhanced Liquidity Fund(b)		91,392,000		91,392

Total Short-Term Investment				91,392

Money Market Fund (0.6%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		1,193,984		1,194

Total Money Market Fund				1,194

Total Investments (Cost $273,093)(d) — 144.6%				291,234
Liabilities in excess of other assets — (44.6)%				(89,769	)

Net Assets — 100.0%			$	201,465


*		Non-income producing security.

(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $88,223.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.

REIT — Real Estate Investment Trust

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Mid-Cap Value Equity Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (95.3%)
Consumer Discretionary (10.2%)
Brunswick Corp.(a)		72,200		1,153
Cooper Tire & Rubber Co.(a)		124,000		1,856
Darden Restaurants, Inc.		87,300		2,842
Foot Locker, Inc.		406,900		4,789
Harman International Industries, Inc.(a)		96,200		4,189
Mattel, Inc.		102,300		2,036
OfficeMax, Inc.		124,900		2,391
Teleflex, Inc.		84,700		4,041
Virgin Media, Inc.(a)		303,500		4,270

				27,567

Consumer Staples (9.8%)
Campbell Soup Co.		131,900		4,478
Clorox Co. (The)		75,200		4,260
ConAgra Foods, Inc.(a)		116,200		2,783
Hershey Co. (The)(a)		108,900		4,102
Safeway, Inc.(a)		141,400		4,150
Sara Lee Corp.(a)		470,900		6,583

				26,356

Energy (8.7%)
Baker Hughes, Inc.		39,200		2,685
BJ Services Co.		95,900		2,734
Spectra Energy Corp.		125,800		2,862
Sunoco, Inc.(a)		48,400		2,540
Talisman Energy, Inc.		181,400		3,211
Tesoro Corp.(a)		85,000		2,550
Tidewater, Inc.		69,200		3,814
Williams Cos., Inc. (The)		90,365		2,980

				23,376

Financials (25.7%)
ACE, Ltd.		76,000		4,185
BB&T Corp.(a)		102,200		3,276
Colonial BancGroup, Inc. (The)(a)		207,300		1,996
Comerica, Inc.		77,900		2,733
DuPont Fabros Technology, Inc. REIT(a)		250,500		4,131
Genworth Financial, Inc., Cl A		214,200		4,849
Hanover Insurance Group, Inc., (The)		66,000		2,715
HCC Insurance Holdings, Inc.		152,500		3,460
Lazard Ltd., Cl A		81,200		3,102
Legg Mason, Inc.(a)		80,100		4,484
Lincoln National Corp.		114,300		5,944
Marshall & Ilsley Corp.(a)		133,300		3,093
Old Republic International Corp.(a)		231,100		2,983
Raymond James Financial, Inc.		211,000		4,848
Regions Financial Corp.(a)		208,300		4,114
SL Green Realty Corp. REIT(a)		53,500		4,359
UCBH Holdings, Inc.(a)		265,400		2,059
Washington Mutual, Inc.(a)		380,800		3,922
Zions Bancorp(a)		65,000		2,961

				69,214

Health Care (6.2%)
Beckman Coulter, Inc.		29,200		1,885
Cardinal Health, Inc.		81,800		4,295
Cooper Cos., Inc. (The)(a)		126,400		4,352
Quest Diagnostics, Inc.(a)		95,200		4,310
STERIS Corp.		71,600		1,921

				16,763

Industrials (10.5%)
Eaton Corp.		62,500		4,979
Ingersoll-Rand Co. Ltd., Cl A(a)		48,600		2,167
Masco Corp.(a)		109,900		2,179
R.R. Donnelley & Sons Co.		139,400		4,225
Rockwell Automation, Inc.		35,100		2,015
Southwest Airlines Co.		544,400		6,751
Tyco Electronics Ltd.		86,400		2,965
Weyerhaeuser Co.(a)		48,900		3,181

				28,462

Information Technology (4.5%)
Electronic Data Systems Corp.		244,600		4,072
Harris Corp.		43,800		2,126
Motorola, Inc.		291,200		2,708
Paychex, Inc.(a)		94,300		3,231

				12,137

Materials (5.9%)
Albemarle Corp.		38,800		1,417
Ashland, Inc.		84,500		3,997
Nalco Holding Co.		190,900		4,038
Sonoco Products Co.		153,100		4,383
Valspar Corp. (The)		103,700		2,057

				15,892

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Mid-Cap Value Equity Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Materials—continued
Utilities (13.8%)
Allegheny Energy, Inc.		56,000		2,828
American Electric Power Co., Inc.		68,200		2,839
Dominion Resources, Inc.		88,900		3,631
Edison International		84,400		4,137
Entergy Corp.		27,200		2,967
Northeast Utilities Service Co.		119,500		2,933
Pepco Holdings, Inc.(a)		116,800		2,887
PG&E Corp.		128,500		4,731
Public Service Enterprise Group, Inc.		77,600		3,119
Sempra Energy		82,900		4,417
Xcel Energy, Inc.(a)		136,100		2,715

				37,204

Total Common Stocks				256,971

Short-Term Investment (25.8%)
Credit Suisse Enhanced Liquidity Fund(b)		69,596,650		69,597

Total Short-Term Investment				69,597

Money Market Fund (4.1%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		11,106,485		11,106

Total Money Market Fund				11,106

Total Investments (Cost $358,772)(d) — 125.2%				337,674
Liabilities in excess of other assets — (25.2)%				(67,873	)

Net Assets — 100.0%			$	269,801


(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $68,158.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.


REIT		— Real Estate Investment Trust

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Real Estate 130/30 Fund


	Shares or
	Principal
	Amount($)		Value($)
Long Positions (129.1%)
Common Stocks (129.1%)
Casinos & Gaming (2.5%)
Churchill Downs, Inc.		600		28
International Speedway Corp., Cl A		1,100		45
Rick’s Cabaret International, Inc.*		2,300		53
Speedway Motorsports, Inc.		200		5

				131

Diversified (8.9%)
CapLease, Inc. REIT		10,300		80
DuPont Fabros Technology, Inc. REIT		1,200		20
Lexington Realty Trust REIT		1,300		19
Liberty Property Trust REIT		2,900		90
Vornado Realty Trust REIT		2,900		250

				459

Healthcare (11.3%)
Cogdell Spencer, Inc. REIT		1,100		17
Five Star Quality Care, Inc.*		11,700		74
HCP, Inc. REIT		400		14
Health Management Associates, Inc., Cl A*		3,500		18
Medical Properties Trust, Inc. REIT		4,300		49
National Health Investors, Inc. REIT		3,500		109
Nationwide Health Properties, Inc.		800		27
OMEGA Healthcare Investors, Inc.		3,400		59
Senior Housing Properties Trust REIT		1,000		24
Tenet Healthcare Corp.*		4,000		23
Ventas, Inc. REIT		3,800		171

				585

Heavy Construction (2.4%)
EMCOR Group, Inc.*		800		18
Michael Baker Corp.*		1,300		29
Perini Corp.*		2,100		76

				123

Hotels & Leisure Properties (7.0%)
Ashford Hospitality Trust		6,800		39
Cedar Fair LP		2,200		51
Entertainment Properties Trust REIT		1,000		49
Great Wolf Resorts, Inc.*		900		6
Hospitality Properties Trust REIT		600		20
Host Hotels & Resorts, Inc. REIT		3,900		62
MHI Hospitality Corp. REIT		4,100		26
Six Flags, Inc.*		11,500		19
Starwood Hotels & Resorts Worldwide, Inc.		600		31
Strategic Hotels & Resorts, Inc. REIT		1,600		21
Sunstone Hotel Investors, Inc. REIT		1,000		16
Wyndham Worldwide Corp.		1,100		23

				363

Industrial (17.6%)
Aecom Technology Corp.*		3,300		86
AMB Property Corp. REIT		1,300		71
Extra Space Storage, Inc. REIT		300		5
Fluor Corp.		400		56
Foster Wheeler Ltd.*		900		51
KBR, Inc.		800		22
ProLogis REIT		6,900		406
Public Storage REIT		2,400		213

				910

Land & Forest Products (6.4%)
Plum Creek Timber Co., Inc.		6,900		281
Rayonier, Inc. REIT		1,200		52

				333

Mortgage (2.6%)
Annaly Capital Management, Inc.		3,600		55
Anthracite Capital, Inc. REIT		3,800		25
Anworth Mortgage Asset Corp. REIT		7,300		45
MFA Mortgage Investments, Inc. REIT		1,100		7

				132

Office (17.4%)
Alexandria Real Estate Equities, Inc.		900		83
BioMed Realty Trust, Inc. REIT		3,700		88
Boston Properties, Inc. REIT		3,400		313
Corporate Office Properties Trust REIT		600		20
Digital Reality Trust, Inc. REIT		1,900		68

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Real Estate 130/30 Fund — continued


	Shares or
	Principal
	Amount($)			Value($)
Office—continued

Douglas Emmett, Inc. REIT		3,900			86
Highwoods Properties, Inc. REIT		1,900			59
Kilroy Realty Corp. REIT		1,700			84
Mack-Cali Realty Corp. REIT		2,800			100

					901

Real Estate Services (6.9%)
Grubb & Ellis Co.		6,500			45
Jones Lang LaSalle, Inc.		600			46
National Retail Properties, Inc. REIT		3,500			77
Tejon Ranch Co.*		2,600			97
The St. Joe Co.		2,100			90

					355

Residential (15.5%)
AvalonBay Communities, Inc. REIT		1,100			106
Equity Lifestyle Properties, Inc. REIT		2,100			104
Equity Residential REIT		4,300			178
GMH Communities Trust REIT		21,800			189
M/I Homes, Inc.		2,100			36
Post Properties, Inc. REIT		2,200			85
UDR, Inc. REIT		4,200			103

					801

Retail (30.6%)
Acadia Realty Trust REIT		1,700			41
Developers Diversified Realty Corp. REIT		2,600			109
Equity One, Inc.		3,700			88
Federal Realty Investment Trust REIT		2,100			164
General Growth Properties, Inc. REIT		3,300			126
Inland Real Estate Corp. REIT		5,000			76
Penske Automotive Group, Inc.		1,600			31
Ramco-Gershenson Properties Trust		800			17
Realty Income Corp. REIT		400			10
Regency Centers Corp. REIT		2,700			175
Simon Property Group, Inc. REIT		3,800			353
Taubman Centers, Inc. REIT		3,300			172
The Macerich Co. REIT		2,700			190
Urstadt Biddle Properties, Cl A REIT		2,000			31

					1,583

Total Common Stocks					6,676

Total Investments — 129.1%
(Total Long Positions) (Cost $6,632)(a)					6,676

Other assets in excess of liabilities — 0.5%					28
Short Positions (see summary below) (29.6%)					(1,531	)

Net Assets — 100.0%				$	5,173

Short Positions ((29.6)%)
Common Stocks Sold Short ((29.6)%)
Casinos & Gaming ((0.9)%)
Las Vegas Sands Corp.*		(600	)		(44	)

Diversified ((2.0)%)
Colonial Properties Trust REIT		(2,200	)		(53	)
Cousins Properties, Inc. REIT		(2,100	)		(52	)

					(105	)

Healthcare ((3.4)%)
Community Health Systems, Inc.*		(900	)		(30	)
HEALTHSOUTH Corp.*		(6,800	)		(121	)
LifePoint Hospitals, Inc.*		(1,000	)		(28	)

					(179	)

Heavy Construction ((1.1)%)
Dycom Industries, Inc.*		(900	)		(11	)
Insituform Technologies, Inc.*		(3,300	)		(46	)

					(57	)

Homebuilders ((7.2)%)
Cavco Industries, Inc.*		(2,200	)		(77	)
Centex Corp.		(2,200	)		(53	)
Hilltop Holdings, Inc.*		(8,500	)		(88	)
KB Home		(1,900	)		(47	)
Skyline Corp.		(3,900	)		(109	)

					(374	)

Hotels & Leisure Properties ((3.5)%)
MGM MIRAGE*		(1,300	)		(76	)
Morgans Hotel Group*		(4,400	)		(65	)
Vail Resorts, Inc.*		(800	)		(39	)

					(180	)

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Select Large Cap Growth Stock Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (97.3%)
Consumer Discretionary (7.1%)
International Game Technology(a)		62,900		2,529
McDonald’s Corp.		56,500		3,151
NIKE, Inc., Cl B(a)		46,450		3,159

				8,839

Consumer Staples (17.8%)
Colgate-Palmolive Co.		41,050		3,198
Costco Wholesale Corp.(a)		54,980		3,572
CVS Caremark Corp.		84,370		3,418
PepsiCo, Inc.		59,120		4,269
Procter & Gamble Co. (The)		61,000		4,274
TJX Cos., Inc. (The)(a)		99,510		3,291

				22,022

Energy (7.9%)
Cameron International Corp.*(a)		85,490		3,560
Exxon Mobil Corp.		21,510		1,819
Schlumberger Ltd.(a)		50,160		4,364

				9,743

Financials (8.2%)
AFLAC, Inc.		58,190		3,779
State Street Corp.		39,700		3,136
T. Rowe Price Group, Inc.(a)		64,010		3,201

				10,116

Health Care (16.8%)
Baxter International, Inc.		65,630		3,795
Express Scripts, Inc.*		45,440		2,923
Gilead Sciences, Inc.*		73,290		3,777
Merck & Co., Inc.		74,480		2,826
Stryker Corp.		32,140		2,091
Thermo Fisher Scientific, Inc.*(a)		61,000		3,467
UnitedHealth Group, Inc.		56,070		1,926

				20,805

Industrials (11.2%)
Emerson Electric Co.		81,150		4,176
Precision Castparts Corp.		26,860		2,742
Raytheon Co.		59,280		3,830
United Technologies Corp.		45,030		3,099

				13,847

Information Technology (24.2%)
Adobe Systems, Inc.*(a)		67,360		2,397
Apple, Inc.*		25,970		3,727
Cisco Systems, Inc.*		133,880		3,224
Dell, Inc.*		113,710		2,265
Google, Inc., Cl A*		4,520		1,991
Hewlett-Packard Co.		95,730		4,371
Intel Corp.		147,086		3,115
Oracle Corp.*		155,168		3,035
QUALCOMM, Inc.		73,480		3,013
Texas Instruments, Inc.		102,140		2,888

				30,026

Materials (4.1%)
Monsanto Co.(a)		24,800		2,765
Praxair, Inc.(a)		27,820		2,344

				5,109

Total Common Stocks				120,507

Short-Term Investment (25.0%)
Credit Suisse Enhanced Liquidity Fund(b)		30,968,074		30,968

Total Short-Term Investment				30,968

Money Market Fund (4.9%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		6,084,376		6,084

Total Money Market Fund				6,084

Total Investments (Cost $146,903)(d) — 127.2%				157,559
Liabilities in excess of other assets — (27.2)%				(33,703	)

Net Assets — 100.0%			$	123,856


*		Non-income producing security.

(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008, in thousands, was $30,435.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Small Cap Growth Stock Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (97.6%)
Consumer Discretionary (16.9%)
Aeropostale, Inc.*(a)		178,170		4,830
Brightpoint, Inc.*		420,340		3,514
Buckle, Inc., (The)		80,069		3,581
Buffalo Wild Wings, Inc.*(a)		158,519		3,884
Deckers Outdoor Co.*		37,330		4,025
DeVry, Inc.(a)		121,192		5,071
Fossil, Inc.*(a)		134,460		4,106
FTI Consulting, Inc.*(a)		102,152		7,257
Gymboree Corp., (The)*		109,146		4,353
Iconix Brand Group, Inc.*(a)		183,635		3,186
Jack in the Box, Inc.*(a)		122,059		3,280
John Wiley & Sons, Inc., Cl A		87,595		3,477
MAXIMUS, Inc.		53,720		1,972
McCormick & Schmick’s Seafood Restaurants, Inc.*		186,209		2,169
Navigant Consulting, Inc.*		115,459		2,191
Netflix, Inc.*(a)		89,290		3,094
Priceline.com, Inc.*(a)		51,759		6,256
Quanta Services, Inc.*(a)		157,135		3,641
Strayer Education, Inc.(a)		25,003		3,813
Tupperware Brands Corp.		174,283		6,741
Tween Brands, Inc.*		116,190		2,875
WMS Industries, Inc.*(a)		124,842		4,491

				87,807

Consumer Staples (4.6%)
American Oriental Bioengineering, Inc.*(a)		324,069		2,625
Chattem, Inc.*(a)		63,767		4,231
Corn Products International, Inc.		104,989		3,899
Flowers Foods, Inc.(a)		235,362		5,825
Hain Celestial Group, Inc., (The)*(a)		107,424		3,169
Longs Drug Stores Corp.(a)		103,276		4,385

				24,134

Energy (6.9%)
Alpha Natural Resources, Inc.*(a)		94,770		4,117
Atwood Oceanics, Inc.*(a)		66,440		6,094
Core Laboratories NV*		42,073		5,019
Dril-Quip, Inc.*		70,518		3,277
Grey Wolf, Inc.*(a)		673,935		4,569
Matrix Service Co.*(a)		130,732		2,246
Petrohawk Energy Corp.*(a)		222,104		4,480
PetroQuest Energy, Inc.*(a)		373,092		6,470

				36,272

Financials (6.5%)
Digital Realty Trust, Inc. REIT(a)		137,861		4,894
Hanover Insurance Group, Inc., (The)		117,295		4,826
LandAmerica Financial Group, Inc.(a)		79,996		3,158
Navigators Group, Inc., (The)*(a)		79,916		4,347
RLI Corp.(a)		77,965		3,865
Tanger Factory Outlet Centers, Inc. REIT(a)		69,858		2,687
Texas Capital Bancshares, Inc.*		122,142		2,062
TNS, Inc.		127,733		2,636
Waddell & Reed Financial, Inc., Cl A(a)		169,504		5,446

				33,921

Health Care (24.7%)
Alexion Pharmaceuticals, Inc.*(a)		116,170		6,889
Alkermes, Inc.*(a)		281,026		3,339
Alliance Imaging, Inc.*(a)		460,036		3,956
AMAG Pharmaceuticals, Inc.*(a)		62,777		2,538
ArthroCare Corp.*(a)		127,729		4,260
BioMarin Pharmaceutical, Inc.*(a)		232,401		8,220
Genomic Health, Inc.*(a)		163,391		3,086
Haemonetics Corp.*		43,017		2,563
HealthExtras, Inc.*(a)		188,273		4,677
Hologic, Inc.*(a)		72,171		4,013

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Small Cap Growth Stock Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Health Care—continued

Illumina, Inc.*(a)		76,544		5,810
inVentiv Health, Inc.*(a)		138,645		3,994
K-V Pharmaceutical Co.*(a)		195,018		4,868
LifeCell Corp.*(a)		134,391		5,648
Meridian Bioscience, Inc.		182,101		6,088
Neogen Corp.*		55,697		1,398
NuVasive, Inc.*(a)		134,552		4,643
OSI Pharmaceuticals, Inc.*		62,521		2,338
PAREXEL International Corp.*(a)		220,902		5,765
Perrigo Co.(a)		188,271		7,103
Phase Forward, Inc.*		277,329		4,737
Psychiatric Solutions, Inc.*(a)		199,397		6,763
Savient Pharmaceuticals, Inc.*(a)		136,805		2,736
STERIS Corp.		186,424		5,002
United Therapeutics Corp.*		42,810		3,712
Varian, Inc.*		94,650		5,482
West Pharmaceutical Services, Inc.(a)		122,578		5,422
XenoPort, Inc.*(a)		92,979		3,763

				128,813

Industrials (11.2%)
Bucyrus International, Inc., Cl A		36,034		3,663
CIRCOR International, Inc.		104,019		4,811
Curtiss-Wright Corp.		93,758		3,889
Kansas City Southern*(a)		131,389		5,270
Lindsay Corp.(a)		49,389		5,061
Orbital Sciences Corp.*(a)		188,377		4,540
RBC Bearings, Inc.*		100,753		3,741
Robbins & Myers, Inc.(a)		87,027		2,841
Titan International, Inc.(a)		120,738		3,696
URS Corp.*		115,002		3,759
Wabtec Corp.(a)		174,662		6,578
Walter Industries, Inc.		78,442		4,913
Woodward Governor Co.(a)		211,958		5,663

				58,425

Information Technology (19.7%)
ANADIGICS, Inc.*(a)		308,418		2,023
Anixter International, Inc.*(a)		91,110		5,835
ANSYS, Inc.*(a)		157,921		5,451
Ariba, Inc.*(a)		482,426		4,660
Atheros Communications*(a)		122,828		2,560
AuthenTec, Inc.*(a)		230,080		2,287
Bankrate, Inc.*(a)		91,198		4,550
Blue Coat Systems, Inc.*(a)		121,481		2,677
Comtech Telecommunications Corp.*(a)		112,571		4,390
CyberSource Corp.*(a)		278,600		4,070
Dionex Corp.*(a)		82,411		6,344
Double-Take Software, Inc.*		302,888		3,538
eResearchTechnology, Inc.*(a)		376,557		4,677
Foundry Networks, Inc.*(a)		375,606		4,349
IHS, Inc., Cl A*		79,416		5,107
Informatica Corp.*(a)		229,691		3,919
j2 Global Communications, Inc.*(a)		162,850		3,635
Macrovision Corp.*(a)		228,799		3,089
MICROS Systems, Inc.*(a)		198,132		6,669
NETGEAR, Inc.*		207,039		4,130
Nuance Communications, Inc.*(a)		335,816		5,847
Polycom, Inc.*(a)		180,377		4,066
Radiant Systems, Inc.*(a)		284,719		3,977
Synaptics, Inc.*(a)		101,869		2,433
Tessera Technologies, Inc.*(a)		121,524		2,528

				102,811

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Small Cap Growth Stock Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Materials (4.7%)
Arch Chemicals, Inc.		54,354		2,025
Compass Minerals International, Inc.		25,852		1,525
Greif, Inc., Cl A		68,268		4,638
Northwest Pipe Co.*		96,521		4,101
Silgan Holdings, Inc.		92,261		4,579
Terra Industries, Inc.*		94,678		3,364
Willbros Group, Inc.*(a)		137,033		4,193

				24,425

Transportation (2.4%)
American Commercial Lines, Inc.*(a)		148,191		2,341
Hornbeck Offshore Services, Inc.*(a)		107,105		4,892
Kirby Corp.*		89,030		5,075

				12,308

Total Common Stocks				508,916

Warrants (0.0%)
Health Care (0.0%)
Drugmax, Inc.(b)(c)		1,301,500		—

Telecommunication Services (0.0%)
Sunair Services Corp.(b)(c)(d)		350,000		—

Total Warrants				—

Short-Term Investment (47.2%)
Credit Suisse Enhanced Liquidity Fund(e)		246,294,346		246,294

Total Short-Term Investment				246,294

Money Market Fund (1.7%)
RidgeWorth Institutional Cash Management Money Market Fund(f)		8,706,224		8,706

Total Money Market Fund				8,706

Total Investments (Cost $730,545)(g) — 146.5%				763,916
Liabilities in excess of other assets — (46.5)%				(242,428	)

Net Assets — 100.0%			$	521,488


*		Non-income producing security.

(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $240,810.

(b)		Market value is zero.

(c)		Valued at fair value using methods determined by the Board. Fair valued securities held by the Fund represent 0.0% of net assets as of March 31, 2008.

(d)		The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid security held by the Fund as of March 31, 2008 is identified below (amounts in thousands):

Percentage of

Issue

Acquisition

Cost

Value

Net Assets

Description

Date

($)

Shares

($)

(%)

Sunair Services Corp. Warrants

12/15/05

—

350

—


(e)		This security was purchased with cash collateral held from securities lending.

(f)		Affiliate investment.

(g)		Represents cost for financial reporting purposes.


REIT		— Real Estate Investment Trust

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Small Cap Value Equity Fund


	Shares or
	Principal
	Amount($)		Value($)
Common Stocks (96.7%)
Consumer Discretionary (23.8%)
Aaron Rents, Inc.(a)		226,600		4,881
ABM Industries, Inc.(a)		324,638		7,285
Asbury Automotive Group, Inc.		508,439		6,996
Bassett Furniture Industries, Inc.		229,854		2,836
bebe Stores, Inc.(a)		548,334		5,895
Brown Shoe Co., Inc.(a)		404,188		6,091
CBRL Group, Inc.(a)		117,700		4,210
Circuit City Stores, Inc.(a)		561,300		2,234
CKE Restaurants, Inc.(a)		935,735		10,499
Cobra Electronics Corp.		291,214		1,110
Foot Locker, Inc.(a)		218,000		2,566
Group 1 Automotive, Inc.(a)		180,800		4,245
Harman International Industries, Inc.(a)		66,675		2,903
Interface, Inc., Cl A(a)		1,439,221		20,220
K-Swiss, Inc., Cl A(a)		336,900		5,330
Movado Group, Inc.		200,526		3,908
OfficeMax, Inc.		267,900		5,128
Pep Boys-Manny, Moe & Jack (The)(a)		174,800		1,741
Stage Stores, Inc.(a)		210,854		3,416
Tempur-Pedic International, Inc.(a)		615,300		6,768
Thor Industries, Inc.(a)		338,000		10,062

				118,324

Consumer Staples (3.0%)
Del Monte Foods Co.		680,700		6,487
Diamond Foods, Inc.		174,300		3,162
Gruma SA ADR(a)		109,900		1,054
Regis Corp.(a)		123,300		3,389
Signet Group PLC SP ADR		55,678		685

				14,777

Diversified Operations (3.3%)
Brink’s Co. (The)		93,900		6,308
Teleflex, Inc.		215,300		10,272

				16,580

Energy (7.0%)
CARBO Ceramics, Inc.(a)		184,900		7,415
CHC Helicopter Corp., Cl A(a)		492,238		14,526
Holly Corp.		140,900		6,116
RPC, Inc.(a)		170,300		2,587
Tidewater, Inc.		73,700		4,062

				34,706

Financials (19.0%)
Bank of Hawaii Corp.(a)		124,200		6,155
Cash America International, Inc.(a)		54,117		1,970
Cathay General Bancorp(a)		50,700		1,051
City National Corp.(a)		43,200		2,137
East West Bancorp, Inc.		86,755		1,540
Evercore Partners, Inc., Cl A		85,200		1,512
Glacier Bancorp, Inc.(a)		286,306		5,488
Greenhill & Co., Inc.(a)		50,200		3,492
Grubb & Ellis Co.		580,011		3,985
HCC Insurance Holdings, Inc.		338,450		7,679
Horizon Financial Corp.(a)		195,632		2,702
International Bancshares Corp.(a)		85,110		1,922
IPC Holdings Ltd.(a)		121,400		3,399
Jefferies Group, Inc.(a)		268,700		4,334
OneBeacon Insurance Group Ltd.		358,200		6,813
Preferred Bank(a)		85,300		1,424
Ramco-Gershenson Properties Trust REIT		176,400		3,724
Raymond James Financial, Inc.(a)		739,611		16,996
SWS Group, Inc.(a)		269,898		3,301
UCBH Holdings, Inc.(a)		268,800		2,086
Washington Real Estate Investment Trust(a)		176,700		5,905
Wesco Financial Corp.		12,400		5,010
West Coast Bancorp(a)		135,953		1,983

				94,608

Health Care (13.4%)
Brookdale Senior Living, Inc.(a)		141,000		3,370
Cooper Cos., Inc. (The)(a)		632,796		21,787
Ensign Group, Inc.		163,700		1,518
LCA-Vision, Inc.(a)		290,092		3,626
Mentor Corp.(a)		404,600		10,406
STERIS Corp.		817,957		21,946

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Small Cap Value Equity Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Health Care—continued

Vital Signs, Inc.		79,494		4,026

				66,679

Industrials (12.6%)
Genesis Lease Ltd. ADR(a)		216,980		3,157
Grupo Aeroportuario del Pacifico SA de CV ADR		473,176		21,293
Heartland Express, Inc.(a)		329,300		4,696
Herman Miller, Inc.(a)		190,000		4,668
Multi-Color Corp.		130,575		2,920
Snap-on, Inc.		194,400		9,885
Tomkins PLC ADR		305,603		4,346
UTI Worldwide, Inc.		255,900		5,138
Wabtec Corp.(a)		166,000		6,252

				62,355

Information Technology (4.7%)
Black Box Corp.		77,400		2,388
Cohu, Inc.(a)		218,653		3,553
Fair Isaac Corp.		482,360		10,381
Keithley Instruments, Inc.		219,000		2,124
Nam Tai Electronics, Inc.		497,996		4,781

				23,227

Materials (5.5%)
Aceto Corp.		244,100		1,694
Bemis Co., Inc.(a)		201,386		5,121
Harry Winston Diamond Corp.		219,500		5,248
Nalco Holding Co.		416,000		8,799
Valspar Corp. (The)(a)		322,444		6,397

				27,259

Media (2.5 %)
Meredith Corp.(a)		157,900		6,040
New York Times Co., Cl A (The)(a)		187,500		3,540
PRIMEDIA, Inc.(a)		417,014		3,065

				12,645

Telecommunication Services (0.7%)
Alaska Communications Systems Group, Inc.		307,600		3,765

Utilities (1.1%)
ALLETE, Inc.(a)		90,500		3,495
Companhia de Saneamento Basico do Estado de Sao Paulo ADR(a)		43,400		1,924

				5,419

Total Common Stocks				480,344

Short-Term Investment (40.1%)
Credit Suisse Enhanced Liquidity Fund(b)		199,183,218		199,183

Total Short-Term Investment				199,183

Money Market Fund (2.9%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		14,310,925		14,311

Total Money Market Fund				14,311

Total Investments (Cost $726,521)(d) — 139.7%				693,838
Liabilities in excess of other assets — (39.7)%				(197,284	)

Net Assets — 100.0%			$	496,554


(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $194,501.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.

ADR		— American Depositary Receipt


REIT		— Real Estate Investment Trust

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

U.S. Equity 130/30 Fund


	Shares or
	Principal
	Amount($)		Value($)
Long Positions (130.0%)
Common Stocks (128.9%)

Aerospace/Defense (1.0%)

GenCorp, Inc.*		1,000		10
Rockwell Collins, Inc.		400		23
Spirit AeroSystems Holdings, Inc., Cl A*		500		11

				44

Apparel (0.5%)
Warnaco Group, Inc., (The)*		600		24

Commercial Services (1.5%)
Interactive Data Corp.		1,000		28
TrueBlue, Inc.*		1,200		16
United Rentals, Inc.*		1,200		23

				67

Consumer Discretionary (11.2%)
Abercrombie & Fitch Co., Cl A		100		7
Amazon.com, Inc.*		300		21
Bally Technologies, Inc.*		400		14
Bon-Ton Stores, Inc. (The)		2,000		11
Bunge, Ltd.		200		17
Cintas Corp.		700		20
Comcast Corp., Cl A		400		8
Courier Corp.		700		18
CRA International, Inc.*		400		13
Eastman Kodak Co.		1,100		19
Garmin, Ltd.		300		16
Goodyear Tire & Rubber Co. (The)*		500		13
Hubbell, Inc., Cl B		900		39
International Game Technology		400		16
Jackson Hewitt Tax Service, Inc.		3,300		38
Kimberly-Clark Corp.		200		13
Knoll, Inc.		2,000		23
McDonald’s Corp.		600		34
NIKE, Inc., Cl B		400		27
Pitney Bowes, Inc.		300		11
Steelcase, Inc., Cl A		2,200		24
Target Corp.		200		10
Teleflex, Inc.		400		19
Textron, Inc.		200		11
Walt Disney Co. (The)		1,000		31
WMS Industries, Inc.*		100		4
YUM! Brands, Inc.		300		11

				488

Consumer Staples (15.9%)
Altria Group, Inc.		800		18
Anheuser-Busch Cos., Inc.		300		14
Archer-Daniels-Midland Co.		800		33
Avery Dennison Corp.		400		20
Avon Products, Inc.		300		12
Central European Distribution Corp.*		700		41
Coca-Cola Enterprises, Inc.		400		10
Colgate-Palmolive Co.		300		23
Costco Wholesale Corp.		200		13
CVS Caremark Corp.		500		20
Fresh Del Monte Produce, Inc.*		1,100		40
Gap, Inc. (The)		1,300		26
Great Atlantic & Pacific Tea Co., Inc. (The)*		1,400		37
Home Depot, Inc. (The)		200		6
Kellogg Co.		400		21
Molson Coors Brewing Co., Cl B		500		26
Owens-Illinois, Inc.*		800		45
Pepsi Bottling Group, Inc. (The)		600		20
PepsiAmericas, Inc.		700		18
PepsiCo, Inc.		700		50
Philip Morris International, Inc.*		800		40
Procter & Gamble Co. (The)		700		49
Reynolds American, Inc.		200		12
TJX Cos., Inc. (The)		1,000		33
UST, Inc.		200		11
Wal-Mart Stores, Inc.		900		47
Wm. Wrigley Jr. Co.		200		13

				698

Diversified Operations (1.1%)
Carlisle Cos., Inc.		400		13
Cooper Industries, Ltd., Cl A		300		12
ITT Corp.		400		21

				46

Energy (12.9%)
Anadarko Petroleum Corp.		300		19
Chesapeake Energy Corp.		400		18
Chevron Corp.		800		68
ConocoPhillips		700		53
Devon Energy Corp.		200		21
Encore Acquistion Co.*		400		16
Exxon Mobil Corp.		2,100		178
Hess Corp.		200		18
Marathon Oil Corp.		300		14
Murphy Oil Corp.		200		16
National-Oilwell Varco, Inc.*		300		17
Noble Energy, Inc.		200		15
Occidental Petroleum Corp.		400		29
Schlumberger Ltd.		400		35

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
U.S. Equity 130/30 Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Energy—continued

Transocean, Inc.*		200		27
Williams Cos., Inc. (The)		600		20

				564

Financials (12.7%)
ACE, Ltd.		700		39
AFLAC, Inc.		200		13
American Express Co.		200		9
American International Group, Inc.		300		13
Bank of America Corp.		1,000		38
Bank of Hawaii Corp.		400		20
Bank of New York Mellon Corp.		300		13
Charles Schwab Corp. (The)		1,000		19
Citigroup, Inc.		1,000		21
CME Group, Inc.		100		47
Dime Community Bancshares, Inc.		600		10
Federated Investors, Inc., Cl B		800		31
GFI Group, Inc.		200		11
Goldman Sachs Group, Inc. (The)		100		17
Hartford Financial Services Group, Inc. (The)		200		15
Hudson City Bancorp, Inc.		1,200		21
IntercontinentalExchange, Inc.*		100		13
JPMorgan Chase & Co.		800		34
MetLife, Inc.		300		18
Morgan Stanley		100		5
Northern Trust Corp.		300		20
NYSE Euronext		300		19
Torchmark Corp.		200		12
Travelers Cos., Inc. (The)		400		19
U.S. Bancorp		700		23
Wachovia Corp.		500		13
Wells Fargo & Co.		800		23
Westamerica Bancorp		400		21

				557

Health Care (12.0%)
Abbott Laboratories		500		28
Aetna, Inc.		400		17
Allergan, Inc.		200		11
AMERIGROUP Corp.*		700		19
Amgen, Inc.*		600		25
Applera Corp. — Applied Biosystems Group		600		20
Baxter International, Inc.		300		17
Becton, Dickinson & Co.		200		17
Biogen Idec, Inc.*		300		19
Bristol-Myers Squibb Co.		700		15
Eli Lilly & Co.		300		15
Express Scripts, Inc.*		200		13
Genzyme Corp.*		500		37
Gilead Sciences, Inc.*		400		21
Johnson & Johnson		1,100		71
Kindred Healthcare, Inc.*		1,000		22
Medco Health Solutions, Inc.*		400		18
Medtronic, Inc.		400		19
Merck & Co., Inc.		800		30
Pfizer, Inc.		3,000		63
Schering-Plough Corp.		600		9
Wyeth		500		21

				527

Industrials (22.7%)
3M Co.		400		32
Airgas, Inc.		400		18
Boeing Co. (The)		500		37
Ceradyne, Inc.*		700		22
Consolidated Graphics, Inc.*		600		34
Deere & Co.		100		8
Deluxe Corp.		1,200		23
Dover Corp.		600		25
Eaton Corp.		100		8
Emerson Electric Co.		300		15
Ennis, Inc.		1,600		27
EnPro Industries, Inc.*		1,400		44
Equifax, Inc.		600		21
Euroseas, Ltd.		2,300		28
G & K Services, Inc., Cl A		400		14
Gardner Denver, Inc.*		400		15
General Electric Co.		3,900		144
H&E Equipment Services, Inc.*		1,000		13
Honeywell International, Inc.		400		23
ICF International, Inc.*		500		10
Illinois Tool Works, Inc.		400		19
Ingersoll-Rand Co. Ltd., Cl A		300		13
LECG Corp.*		3,400		32
Manpower, Inc.		300		17
Mueller Industries, Inc.		800		23
NCI Building Systems, Inc.*		1,100		27
Northrop Grumman Corp.		200		16
Perini Corp.*		400		15
R.R. Donnelley & Sons Co.		1,500		45
Rockwell Automation, Inc.		300		17
Spherion Corp.*		7,100		43
Terex Corp.*		100		6
Thomas & Betts Corp.*		300		11
United Parcel Service, Inc., Cl B		400		29

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
U.S. Equity 130/30 Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Industrials—continued

United States Steel Corp.		100		13
United Stationers, Inc.*		900		43
United Technologies Corp.		500		34
Waste Management, Inc.		300		10
Waters Corp.*		400		22

				996

Information Technology (15.9%)
Affiliated Computer Services, Inc., Cl A*		200		10
Apple, Inc.*		100		14
Applied Materials, Inc.		500		10
Autodesk, Inc.*		600		19
BMC Software, Inc.*		300		10
Cisco Systems, Inc.*		2,200		53
Computer Sciences Corp.*		500		20
Compuware Corp.*		2,900		21
COMSYS IT Partners, Inc.*		1,600		14
Dell, Inc.*		900		18
Electronic Data Systems Corp.		1,200		20
EMC Corp.*		800		11
Google, Inc., Cl A*		100		44
Hewlett-Packard Co.		1,000		46
Intel Corp.		2,000		42
International Business Machines Corp.		500		58
Jabil Circuit, Inc.		1,800		17
Juniper Networks, Inc.*		700		17
McAfee, Inc.*		400		13
MEMC Electronic Materials, Inc.*		200		14
Microsoft Corp.		3,100		88
Novellus Systems, Inc.*		500		11
Oracle Corp.*		1,600		31
QUALCOMM, Inc.		600		25
Sun Microsystems, Inc.*		700		11
Symantec Corp.*		600		10
Texas Instruments, Inc.		500		14
VeriSign, Inc.*		300		10
Western Union Co.		700		15
Yahoo!, Inc.*		400		12

				698

Insurance (2.3%)
Assurant, Inc.		200		12
Chubb Corp. (The)		600		30
Fidelity National Financial, Inc., Cl A		600		11
Universal American Financial Corp.*		3,500		37
Unum Group		400		9

				99

Machinery Diversified (1.4%)
Caterpillar, Inc.		200		16
NACCO Industries, Inc., Cl A		100		8
Regal-Beloit Corp.		1,000		36

				60

Materials (3.8%)
Alcoa, Inc.		300		11
Celanese Corp., Ser A		500		19
Compass Minerals International, Inc.		200		12
Dow Chemical Co. (The)		300		11
FMC Corp.		200		11
Freeport-McMoRan Copper & Gold, Inc.		200		19
Greif, Inc., Cl A		200		14
Hercules, Inc.		600		11
Monsanto Co.		200		22
Newmont Mining Corp.		200		9
OM Group, Inc.*		200		11
Praxair, Inc.		200		17

				167

Media (0.9%)
DIRECTV Group, Inc. (The)*		800		20
TiVo, Inc.*		1,100		9
Viacom, Inc., Cl B*		300		12

				41

Oil & Gas (2.8%)
Apache Corp.		200		24
Comstock Resources, Inc.*		400		16
EOG Resources, Inc.		100		12
Penn Virginia Corp.		400		18
W&T Offshore, Inc.		700		24
Weatherford International, Ltd.*		200		15
XTO Energy, Inc.		200		12

				121

Retail (1.6%)
Landry’s Restaurants, Inc.		2,500		41
REX Stores Corp.*		600		12
Walgreen Co.		400		15

				68

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
U.S. Equity 130/30 Fund — continued


	Shares or
	Principal
	Amount($)			Value($)
Semiconductors (0.5%)
KLA-Tencor Corp.		300			11
NVIDIA Corp.*		600			12

					23

Telecommunication Services (4.2%)
AT&T, Inc.		2,300			88
CenturyTel, Inc.		500			17
Embarq Corp.		400			16
Sprint Nextel Corp.		1,700			11
Superior Essex, Inc.*		300			8
Verizon Communications, Inc.		1,200			44

					184

Transportation (1.4%)
Burlington Northern Santa Fe Corp.		100			9
FedEx Corp.		200			19
Pacer International, Inc.		1,300			21
Union Pacific Corp.		100			13

					62

Utilities (2.6%)
American Electric Power Co., Inc.		700			29
Dominion Resources, Inc.		200			8
Exelon Corp.		200			16
FPL Group, Inc.		200			13
PPL Corp.		400			18
Questar Corp.		300			17
Sempra Energy		200			11

					112

Total Common Stocks					5,646

Foreign Common Stocks (1.1%)
Financials (1.1%)
Bermuda (1.1%)
PartnerRe, Ltd.		600			46

Total Foreign Common Stocks					46

Total Investments — 130.0%
(Total Long Positions) (Cost $6,049)(a)					5,692

Other assets in excess of liabilities — 0.1%					6
Short Positions (see summary below) (30.1%)					(1,317	)

Net Assets — 100.0%				$	4,381

Short Positions ((30.1)%)
Common Stocks Sold Short ((30.1)%)
Advertising ((0.3)%)
Lamar Advertising Co., Cl A*		(300	)		(11	)

Aerospace/Defense ((0.4)%)
LMI Aerospace, Inc.*		(500	)		(10	)
Orbital Sciences Corp.*		(400	)		(9	)

					(19	)

Building Materials ((0.2)%)
Layne Christensen Co.*		(300	)		(10	)

Commercial Services ((4.7)%)
Coinstar, Inc.*		(1,700	)		(49	)
Cornell Cos., Inc.*		(1,700	)		(38	)
Corrections Corp. of America*		(1,200	)		(33	)
FTI Consulting, Inc.*		(200	)		(14	)
Geo Group, Inc. (The)*		(900	)		(26	)
Healthcare Services Group, Inc.		(600	)		(13	)
Hill International, Inc.*		(900	)		(11	)
Rollins, Inc.		(700	)		(12	)
Tetra Tech, Inc.*		(600	)		(12	)

					(208	)

Consumer Discretionary ((4.0)%)
Bright Horizons Family Solutions, Inc.*		(300	)		(13	)
Capella Education Co.*		(300	)		(16	)
CKE Restaurants, Inc.		(1,200	)		(14	)
DeVry, Inc.		(200	)		(8	)
Entercom Communications Corp., Cl A		(1,900	)		(19	)
Exponent, Inc.*		(500	)		(16	)
INVESTools, Inc.*		(1,100	)		(12	)
NuCo2, Inc.*		(1,100	)		(31	)
Red Lion Hotels Corp.*		(1,500	)		(13	)
Sims Group, Ltd. SP ADR		(410	)		(11	)
Steinway Musical Instruments, Inc.*		(500	)		(14	)
Tennant Co.		(200	)		(8	)

					(175	)

Consumer Staples ((0.5)%)
M&F Worldwide Corp.*		(600	)		(22	)

Diversified Operations ((0.8)%)
Brink’s Co. (The)		(200	)		(13	)
Leggett & Platt, Inc.		(1,500	)		(23	)

					(36	)

Energy ((1.7)%)
Covanta Holding Corp.*		(1,600	)		(44	)
Global Industries, Ltd.*		(700	)		(11	)

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
U.S. Equity 130/30 Fund — concluded


	Shares or
	Principal
	Amount($)			Value($)
Energy—continued

NRG Energy, Inc.*		(200	)		(8	)
Parallel Petroleum Corp.*		(500	)		(10	)

					(73	)

Environmental Control ((0.7)%)
CECO Environmental Corp.*		(1,500	)		(13	)
Clean Harbors, Inc.*		(300	)		(19	)

					(32	)

Financials ((0.3)%)
Duff & Phelps Corp., Cl A*		(700	)		(13	)

Health Care ((1.6)%)
AMN Healthcare Services, Inc.*		(1,300	)		(20	)
Hanger Orthopedic Group, Inc.*		(1,200	)		(13	)
Lincare Holdings, Inc.*		(400	)		(11	)
Omnicare, Inc.		(700	)		(13	)
VNUS Medical Technologies, Inc.*		(700	)		(13	)

					(70	)

Industrials ((4.4)%)
Armstrong World Industries, Inc.		(200	)		(7	)
Bucyrus International, Inc., Cl A		(200	)		(20	)
Casella Waste Systems, Inc., Cl A*		(3,100	)		(34	)
Cavco Industries, Inc.*		(300	)		(11	)
Joy Global, Inc.		(200	)		(13	)
Kaman Corp.		(900	)		(25	)
Landstar System, Inc.		(300	)		(16	)
Louisiana-Pacific Corp.		(1,000	)		(9	)
PHH Corp.*		(1,200	)		(21	)
Titan International, Inc.		(400	)		(12	)
Walter Industries, Inc.		(400	)		(25	)

					(193	)

Information Technology ((1.4)%)
Diebold, Inc.		(300	)		(11	)
Omnicell, Inc.*		(600	)		(12	)
SYNNEX Corp.*		(1,100	)		(24	)
THQ, Inc.*		(600	)		(13	)

					(60	)

Insurance ((0.8)%)
Argo Group International Holdings, Ltd.*		(600	)		(21	)
State Auto Financial Corp.		(400	)		(12	)

					(33	)

Materials ((0.5)%)
Crown Holdings, Inc.*		(900	)		(23	)

Metals ((1.0)%)
A.M. Castle & Co.		(1,600	)		(43	)

Miscellaneous Manufacturer ((0.4)%)
Albany International Corp., Cl A		(500	)		(18	)

Oil & Gas ((1.2)%)
Calumet Specialty Products Partners, LP		(500	)		(12	)
Energy Partners, Ltd.*		(1,200	)		(11	)
Hercules Offshore, Inc.*		(500	)		(13	)
Superior Well Services, Inc.*		(800	)		(17	)

					(53	)

Pipelines ((1.1)%)
Boardwalk Pipeline Partners, LP		(900	)		(22	)
Copano Energy LLC		(700	)		(24	)

					(46	)

Retail ((2.6)%)
Carrols Restaurant Group, Inc.*		(1,400	)		(12	)
Copart, Inc.*		(300	)		(12	)
Domino’s Pizza, Inc.		(1,100	)		(15	)
Lithia Motors, Inc., Cl A		(1,300	)		(13	)
Pantry, Inc. (The)*		(700	)		(15	)
Rush Enterprises, Inc., Cl A*		(1,400	)		(22	)
Sonic Automotive, Inc., Cl A		(1,100	)		(23	)

					(112	)

Semiconductors ((0.5)%)
Monolithic Power Systems, Inc.*		(600	)		(10	)
Photon Dynamics, Inc.*		(1,200	)		(13	)

					(23	)

Transportation ((1.0)%)
C.H. Robinson Worldwide, Inc.		(800	)		(44	)

Total Common Stocks Sold Short					(1,317	)

Total Investment Securities Sold Short (Proceeds $1,300)					(1,317	)


*		Non-income producing security.

(a)		Represents cost for financial reporting purposes.

ADR		— American Depositary Receipt

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Life Vision Aggressive Growth Fund


	Shares or
	Principal
	Amount($)		Value($)
Equity Funds (91.3%)(a)
RidgeWorth Aggressive Growth Stock Fund		87,200		1,049
RidgeWorth International Equity Index Fund		265,809		4,737
RidgeWorth Large Cap Core Equity Fund		542,762		7,734
RidgeWorth Large Cap Growth Stock Fund		385,282		3,833
RidgeWorth Large Cap Quantitative Equity Fund		285,508		3,306
RidgeWorth Large Cap Value Equity Fund		554,899		6,853
RidgeWorth Mid-Cap Core Equity Fund		137,730		1,551
RidgeWorth Mid-Cap Value Equity Fund		39,130		375
RidgeWorth Select Large Cap Growth Stock Fund		125,344		3,550
RidgeWorth Small Cap Growth Stock Fund		55,609		752
RidgeWorth Small Cap Value Equity Fund		70,979		793

Total Equity Funds				34,533

Exchange Traded Fund (1.4%)
iShares MSCI Emerging Markets Index Fund		3,922		527

Total Exchange Traded Fund				527

Money Market Fund (7.4%)(a)
RidgeWorth Prime Quality Money Market Fund		2,789,898		2,790

Total Money Market Fund				2,790

Total Investments (Cost $35,068) (b) — 100.1%				37,850
Liabilities in excess of other assets — (0.1)%				(30	)

Net Assets — 100.0%			$	37,820


(a)		Affiliate investment. Investment is in I Shares.

(b)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Life Vision Conservative Fund


	Shares or
	Principal
	Amount($)		Value($)
Equity Funds (19.5%)(a)
RidgeWorth Aggressive Growth Stock Fund		5,706		69
RidgeWorth International Equity Index Fund		17,479		311
RidgeWorth Large Cap Core Equity Fund		35,567		507
RidgeWorth Large Cap Growth Stock Fund		25,191		251
RidgeWorth Large Cap Quantitative Equity Fund		18,700		217
RidgeWorth Large Cap Value Equity Fund		36,240		447
RidgeWorth Mid-Cap Core Equity Fund		8,999		101
RidgeWorth Mid-Cap Value Equity Fund		2,526		24
RidgeWorth Select Large Cap Growth Stock Fund		8,248		234
RidgeWorth Small Cap Growth Stock Fund		3,640		49
RidgeWorth Small Cap Value Equity Fund		4,586		51

Total Equity Funds				2,261

Fixed Income Funds (75.1%)(a)
RidgeWorth Seix High Yield Fund		23,638		231
RidgeWorth Total Return Bond Fund		769,179		7,768
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund		69,002		693

Total Fixed Income Funds				8,692

Exchange Traded Fund (0.3%)
iShares MSCI Emerging Markets Index Fund		257		35

Total Exchange Traded Fund				35

Money Market Fund (4.9%)(a)
RidgeWorth Prime Quality Money Market Fund		570,308		570

Total Money Market Fund				570

Total Investments (Cost $11,385)(b) — 99.8%				11,558
Other assets in excess of liabilities — 0.2%				25

Net Assets — 100.0%			$	11,583


(a)		Affiliate investment. Investment is in I Shares.

(b)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Life Vision Growth and Income Fund


	Shares or
	Principal
	Amount($)		Value($)
Equity Funds (64.0%)(a)
RidgeWorth Aggressive Growth Stock Fund		153,263		1,844
RidgeWorth International Equity Index Fund		466,660		8,316
RidgeWorth Large Cap Core Equity Fund		954,509		13,602
RidgeWorth Large Cap Growth Stock Fund		672,391		6,690
RidgeWorth Large Cap Quantitative Equity Fund		500,233		5,793
RidgeWorth Large Cap Value Equity Fund		975,053		12,042
RidgeWorth Mid-Cap Core Equity Fund		241,213		2,716
RidgeWorth Mid-Cap Value Equity Fund		68,181		653
RidgeWorth Select Large Cap Growth Stock Fund		219,939		6,229
RidgeWorth Small Cap Growth Stock Fund		97,378		1,317
RidgeWorth Small Cap Value Equity Fund		123,423		1,378

Total Equity Funds				60,580

Fixed Income Funds (28.3%)(a)
RidgeWorth Seix High Yield Fund		107,707		1,053
RidgeWorth Total Return Bond Fund		2,300,849		23,238
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund		247,377		2,481

Total Fixed Income Funds				26,772

Exchange Traded Fund (1.0%)
iShares MSCI Emerging Markets Index Fund		6,848		921

Total Exchange Traded Fund				921

Money Market Fund (6.7%)(a)
RidgeWorth Prime Quality Money Market Fund		6,347,202		6,347

Total Money Market Fund				6,347

Total Investments (Cost $88,908)(b) — 100.0%				94,620
Other assets in excess of liabilities — 0.0%				38

Net Assets — 100.0%			$	94,658


(a)		Affiliate investment. Investment is in I Shares.

(b)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Life Vision Moderate Growth Fund


	Shares or
	Principal
	Amount($)		Value($)
Equity Funds (47.8%)(a)
RidgeWorth Aggressive Growth Stock Fund		227,694		2,739
RidgeWorth International Equity Index Fund		687,895		12,259
RidgeWorth Large Cap Core Equity Fund		1,410,797		20,104
RidgeWorth Large Cap Growth Stock Fund		991,669		9,867
RidgeWorth Large Cap Quantitative Equity Fund		732,128		8,478
RidgeWorth Large Cap Value Equity Fund		1,443,160		17,823
RidgeWorth Mid-Cap Core Equity Fund		359,328		4,046
RidgeWorth Mid-Cap Value Equity Fund		114,322		1,095
RidgeWorth Select Large Cap Growth Stock Fund		323,872		9,172
RidgeWorth Small Cap Growth Stock Fund		148,593		2,011
RidgeWorth Small Cap Value Equity Fund		182,121		2,034

Total Equity Funds				89,628

Fixed Income Funds (44.7%)(a)
RidgeWorth Seix High Yield Fund		214,217		2,092
RidgeWorth Total Return Bond Fund		7,459,202		75,339
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund		625,919		6,278

Total Fixed Income Funds				83,709

Exchange Traded Fund (0.8%)
iShares MSCI Emerging Markets Index Fund		11,068		1,487

Total Exchange Traded Fund				1,487

Money Market Fund (6.6%)(a)
RidgeWorth Prime Quality Money Market Fund		12,374,047		12,374

Total Money Market Fund				12,374

Total Investments (Cost $180,898)(b) — 99.9%				187,198
Other assets in excess of liabilities — 0.1%				209

Net Assets — 100.0%			$	187,407


(a)		Affiliate investment. Investment is in I Shares.

(b)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Life Vision Target Date 2015 Fund


	Shares or
	Principal
	Amount($)		Value($)
Equity Funds (73.8%)(a)
RidgeWorth Aggressive Growth Stock Fund		6,042		73
RidgeWorth International Equity Index Fund		18,462		329
RidgeWorth Large Cap Core Equity Fund		37,681		536
RidgeWorth Large Cap Growth Stock Fund		26,633		265
RidgeWorth Large Cap Quantitative Equity Fund		19,791		229
RidgeWorth Large Cap Value Equity Fund		38,523		473
RidgeWorth Mid-Cap Core Equity Fund		9,564		108
RidgeWorth Mid-Cap Value Equity Fund		2,710		26
RidgeWorth Select Large Cap Growth Stock Fund		8,700		247
RidgeWorth Small Cap Growth Stock Fund		3,863		52

Total Equity Funds				2,338

Fixed Income Funds (20.1%)(a)
RidgeWorth Seix High Yield Fund		3,280		32
RidgeWorth Total Return Bond Fund		50,114		506
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund		9,732		98

Total Fixed Income Funds				636

Exchange Traded Funds (2.9%)
iShares MSCI Emerging Markets Index Fund		273		37
iShares Russell 2000 Value Index Fund		829		55

Total Exchange Traded Funds				92

Money Market Fund (3.2%)(a)
RidgeWorth Prime Quality Money Market Fund		102,486		102

Total Money Market Fund				102

Total Investments (Cost $3,286)(b) — 100.0%				3,168
Other assets in excess of liabilities — 0.0%				—

Net Assets — 100.0%			$	3,168


(a)		Affiliate investment. Investment is in I Shares.

(b)		Represents cost for financial reporting purposes.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Life Vision Target Date 2025 Fund


	Shares or
	Principal
	Amount($)		Value($)
Equity Funds (81.8%)(a)
RidgeWorth Aggressive Growth Stock Fund		12,305		148
RidgeWorth International Equity Index Fund		37,480		668
RidgeWorth Large Cap Core Equity Fund		76,597		1,089
RidgeWorth Large Cap Growth Stock Fund		54,307		540
RidgeWorth Large Cap Quantitative Equity Fund		40,198		466
RidgeWorth Large Cap Value Equity Fund		78,372		968
RidgeWorth Mid-Cap Core Equity Fund		19,428		219
RidgeWorth Mid-Cap Value Equity Fund		5,529		53
RidgeWorth Select Large Cap Growth Stock Fund		17,665		500
RidgeWorth Small Cap Growth Stock Fund		7,824		106

Total Equity Funds				4,757

Fixed Income Funds (11.0%)(a)
RidgeWorth Total Return Bond Fund		52,018		526
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund		11,610		117

Total Fixed Income Funds				643

Exchange Traded Funds (3.2%)
iShares MSCI Emerging Markets Index Fund		552		74
iShares Russell 2000 Value Index Fund		1,681		111

Total Exchange Traded Funds				185

Money Market Fund (4.0%)(a)
RidgeWorth Prime Quality Money Market Fund		234,167		234

Total Money Market Fund				234

Total Investments (Cost $6,321)(b) — 100.0%				5,819
Liabilities in excess of other assets — 0.0%				(1	)

Net Assets — 100.0%			$	5,818


(a)		Affiliate investment. Investment is in I Shares.

(b)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Life Vision Target Date 2035 Fund


	Shares or
	Principal
	Amount($)		Value($)
Equity Funds (90.4%)(a)
RidgeWorth Aggressive Growth Stock Fund		6,827		82
RidgeWorth International Equity Index Fund		20,782		370
RidgeWorth Large Cap Core Equity Fund		42,614		607
RidgeWorth Large Cap Growth Stock Fund		30,322		302
RidgeWorth Large Cap Quantitative Equity Fund		22,319		259
RidgeWorth Large Cap Value Equity Fund		43,536		538
RidgeWorth Mid-Cap Core Equity Fund		10,892		122
RidgeWorth Mid-Cap Value Equity Fund		3,082		29
RidgeWorth Select Large Cap Growth Stock Fund		9,810		278
RidgeWorth Small Cap Growth Stock Fund		4,336		59

Total Equity Funds				2,646

Fixed Income Funds (1.0%)(a)
RidgeWorth Total Return Bond Fund		2,932		30

Total Fixed Income Funds				30

Exchange Traded Funds (3.5%)
iShares MSCI Emerging Markets Index Fund		308		41
iShares Russell 2000 Value Index Fund		923		61

Total Exchange Traded Funds				102

Money Market Fund (5.2%)(a)
RidgeWorth Prime Quality Money Market Fund		151,931		152

Total Money Market Fund				152

Total Investments (Cost $3,197)(b) — 100.1%				2,930
Liabilities in excess of other assets — (0.1)%				(2	)

Net Assets — 100.0%			$	2,928


(a)		Affiliate investment. Investment is in I Shares.

(b)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


	Aggressive			Emerging			International						International			Large Cap
	Growth			Growth			Equity			International			Equity			Core
	Stock Fund			Stock Fund			130/30 Fund			Equity Fund			Index Fund			Equity Fund

Assets:
Total Investments, at Cost	$	360,462		$	161,048		$	5,832		$	1,069,339		$	790,965		$	1,397,464

Investments, at Value*	$	384,650		$	154,574		$	5,627		$	1,174,706		$	1,092,725		$	1,515,188
Investments in Affiliates, at Value		—			3,769			—			—			—			12,803

Total Investments		384,650			158,343			5,627			1,174,706			1,092,725			1,527,991

Foreign Currency, at Value (Cost $—, $—, $21, $77, $445 and $—, respectively)		—			—			21			108			447			—
Cash		737			—			—			—			—			—
Interest and Dividends Receivable		58			34			16			3,895			4,129			1,426
Receivable for Capital Shares Issued		261			—			—			579			552			786
Receivable for Investment Securities Sold		—			51			909			48,469			991			7,778
Reclaims Receivable		—			—			—			237			170			—
Receivable from Adviser		—			—			49			—			—			—
Prepaid Expenses		7			4			29			13			6			7

Total Assets		385,713			158,432			6,651			1,228,007			1,099,020			1,537,988

Liabilities:
Payable for Fund Overdraft		—			—			30			—			991			—
Payable for Investment Securities Purchased		—			1,196			958			38,162			—			—
Payable for Investment Securities Sold Short, at Value (Proceeds $—, $—, $1,256, $—, $— and $—, respectively)		—			—			1,272			—			—			—
Dividends Payable for Securities Sold Short		—			—			6			—			—			—
Payable for Capital Shares Redeemed		50			2			—			128			556			886
Payable upon Return of Securities Loaned		75,245			39,684			—			79,849			126,005			214,325
Investment Advisory Fees Payable		288			107			3			1,036			402			911
Administration, Fund Accounting and Transfer Agency Fees Payable		2			1			9			11			18			13
Compliance Services Fees Payable		1			1			—			3			5			7
Distribution and Service Fees Payable		2			—			—			9			7			48
Custodian Fees Payable		4			3			29			221			210			17
Trustee Fees Payable		2			1			—			6			9			12
Accrued Expenses		24			9			1			60			80			121

Total Liabilities		75,618			41,004			2,308			119,485			128,283			216,340

Net Assets	$	310,095		$	117,428		$	4,343		$	1,108,522		$	970,737		$	1,321,648

Net Assets Consist of:
Capital	$	285,813		$	118,785		$	4,994		$	995,941		$	703,009		$	1,241,068
Accumulated Net Investment Income (Loss)		(5	)		(8	)		(11	)		1			1,665			(7	)
Accumulated Net Realized Gain (Loss) from Investment and Foreign Currency Transactions		99			1,356			(420	)		7,107			(35,713	)		(49,940	)
Net Unrealized Appreciation/Depreciation on Investments and Foreign Currencies		24,188			(2,705	)		(220	)		105,473			301,776			130,527

Net Assets	$	310,095		$	117,428		$	4,343		$	1,108,522		$	970,737		$	1,321,648

Net Assets:
I Shares	$	306,709		$	116,703		$	4,343		$	1,089,572		$	958,514		$	1,239,965
A Shares		893			632			N/A			12,288			6,052			35,341
C Shares		2,493			93			N/A			6,662			6,171			46,342
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		25,493			10,529			500			79,115			53,782			87,039
A Shares		75			58			N/A			903			343			2,455
C Shares		216			9			N/A			523			359			3,303
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	12.03		$	11.08		$	8.69		$	13.77		$	17.82		$	14.25
A Shares		11.88			10.92			N/A			13.61			17.67			14.40
C Shares(b)		11.54			10.62			N/A			12.74			17.18			14.03
Offering Price per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	12.03		$	11.08		$	8.69		$	13.77		$	17.82		$	14.25
A Shares		12.60			11.59			N/A			14.44			18.75			15.28
C Shares		11.54			10.62			N/A			12.74			17.18			14.03
Maximum Sales Charge — A Shares		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%


*	Investments include securities on loan of $73,349, $38,081, $—, $76,424, $119,968 and $210,118, respectively.


(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.


(b)	Redemption price per share varies based on length of time shares are held.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


	Large Cap			Large Cap			Large Cap			Mid-Cap			Mid-Cap
	Growth			Quantitative			Value			Core			Value			Real Estate
	Stock Fund			Equity Fund			Equity Fund			Equity Fund			Equity Fund			130/30 Fund

Assets:
Total Investments, at Cost	$	851,404		$	241,076		$	1,163,534		$	273,093		$	358,772		$	6,632

Investments, at Value*	$	894,113		$	235,258		$	1,119,640		$	290,040		$	326,568		$	6,676
Investments in Affiliates, at Value		29,934			3,378			37,272			1,194			11,106			—

Total Investments		924,047			238,636			1,156,912			291,234			337,674			6,676

Interest and Dividends Receivable		817			264			1,551			340			586			37
Receivable for Capital Shares Issued		628			38			3,574			190			135			—
Receivable for Investment Securities Sold		9,083			—			26,684			1,951			8,466			—
Receivable from Adviser		—			—			—			—			—			9
Prepaid Expenses		6			4			13			9			11			29

Total Assets		934,581			238,942			1,188,734			293,724			346,872			6,751

Liabilities:
Payable for Fund Overdraft		—			—			—			—			—			35
Payable for Investment Securities Purchased		15,174			996			23,634			468			6,693			—
Payable for Investment Securities Sold Short, at Value (Proceeds $—, $—, $—, $—, $— and $1,616, respectively)		—			—			—			—			—			1,531
Dividends Payable for Securities Sold Short		—			—			—			—			—			4
Payable for Capital Shares Redeemed		221			8			363			184			511			—
Payable Upon Return of Securities Loaned		191,106			—			188,738			91,392			69,597			—
Investment Advisory Fees Payable		583			170			626			173			230			4
Administration, Fund Accounting and Transfer Agency Fees Payable		12			2			10			3			3			1
Compliance Services Fees Payable		4			1			5			1			1			—
Distribution and Service Fees Payable		41			1			37			8			5			—
Custodian Fees Payable		8			11			11			5			5			2
Trustee Fees Payable		6			2			8			2			2			—
Accrued Expenses		69			21			82			23			24			1

Total Liabilities		207,224			1,212			213,514			92,259			77,071			1,578

Net Assets	$	727,357		$	237,730		$	975,220		$	201,465		$	269,801		$	5,173

Net Assets Consist of:
Capital	$	656,507		$	254,333		$	1,020,884		$	178,904		$	316,247		$	5,034
Accumulated Net Investment Income (Loss)		(5	)		(3	)		232			26			145			—
Accumulated Net Realized Gain (Loss) from Investment Transactions		(1,788	)		(14,160	)		(39,274	)		4,394			(25,493	)		10
Net Unrealized Appreciation/Depreciation on Investments		72,643			(2,440	)		(6,622	)		18,141			(21,098	)		129

Net Assets	$	727,357		$	237,730		$	975,220		$	201,465		$	269,801		$	5,173

Net Assets:
I Shares	$	633,291		$	235,925		$	898,491		$	185,543		$	257,978		$	5,173
A Shares		66,115			830			47,400			8,614			7,774			N/A
C Shares		27,949			975			29,329			7,308			4,049			N/A
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		63,650			20,377			72,752			16,480			26,943			503
A Shares		7,134			72			3,852			805			815			N/A
C Shares		3,339			88			2,413			757			428			N/A
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	9.95		$	11.58		$	12.35		$	11.26		$	9.58		$	10.28
A Shares		9.27			11.47			12.30			10.70			9.53			N/A
C Shares(b)		8.37			11.10			12.16			9.66			9.47			N/A
Offering Price per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	9.95		$	11.58		$	12.35		$	11.26		$	9.58		$	10.28
A Shares		9.84			12.17			13.05			11.35			10.11			N/A
C Shares		8.37			11.10			12.16			9.66			9.47			N/A
Maximum Sales Charge — A Shares		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%


*	Investments include securities on loan of $186,031, $—, $184,366, $88,223, $68,158 and $—, respectively.


(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.


(b)	Redemption price per share varies based on length of time shares are held.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

100

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


	Select												Life Vision
	Large Cap			Small Cap			Small Cap			U.S. Equity			Aggressive			Life Vision
	Growth			Growth			Value			130/30			Growth			Conservative
	Stock Fund			Stock Fund			Equity Fund			Fund			Fund			Fund

Assets:
Total Investments, at Cost	$	146,903		$	730,545		$	726,521		$	6,049		$	35,068		$	11,385

Investments, at Value*	$	151,475		$	755,210		$	679,527		$	5,692		$	527		$	35
Investments in Affiliates, at Value		6,084			8,706			14,311			—			37,323			11,523

Total Investments		157,559			763,916			693,838			5,692			37,850			11,558

Interest and Dividends Receivable		124			274			1,081			6			7			34
Receivable for Capital Shares Issued		60			639			250			—			44			2
Receivable for Investment Securities Sold		—			5,338			9,917			282			23			1
Receivable from Adviser		—			—			—			14			1			1
Prepaid Expenses		8			10			12			29			1			1

Total Assets		157,751			770,177			705,098			6,023			37,926			11,597

Liabilities:
Payable for Fund Overdraft		—			—			—			23			—			—
Payable for Investment Securities Purchased		2,528			1,031			8,517			291			65			4
Payable for Investment Securities Sold Short, at Value (Proceeds $—, $—, $—, $1,300, $—, and $—, respectively)		—			—			—			1,317			—			—
Dividends Payable for Securities Sold Short		—			—			—			1			—			—
Payable for Capital Shares Redeemed		268			729			299			—			20			—
Payable Upon Return of Securities Loaned		30,968			246,294			199,183			—			—			—
Investment Advisory Fees Payable		88			506			482			2			3			1
Administration, Fund Accounting and Transfer Agency Fees Payable		3			9			5			1			1			—
Compliance Services Fees Payable		1			4			2			—			—			—
Distribution and Service Fees Payable		23			17			6			—			5			4
Custodian Fees Payable		2			17			6			6			2			1
Trustee Fees Payable		1			7			4			—			—			—
Accrued Expenses		13			75			40			1			10			4

Total Liabilities		33,895			248,689			208,544			1,642			106			14

Net Assets	$	123,856		$	521,488		$	496,554		$	4,381		$	37,820		$	11,583

Net Assets Consist of:
Capital	$	283,259		$	513,628		$	523,899		$	5,006		$	31,504		$	11,381
Accumulated Net Investment Income (Loss)		—			(4	)		510			1			87			88
Accumulated Net Realized Gain (Loss) from Investment Transactions		(170,059	)		(25,507	)		4,828			(252	)		3,447			(59	)
Net Unrealized Appreciation/Depreciation on Investments		10,656			33,371			(32,683	)		(374	)		2,782			173

Net Assets	$	123,856		$	521,488		$	496,554		$	4,381		$	37,820		$	11,583

Net Assets:
I Shares	$	96,704		$	490,675		$	469,424		$	4,381		$	28,514		$	5,177
A Shares		556			16,490			4,887			N/A			3,067			663
B Shares		N/A			N/A			N/A			N/A			4,472			4,903
C Shares		26,596			14,323			22,243			N/A			1,767			840
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		3,415			36,257			42,012			501			2,749			466
A Shares		20			1,280			443			N/A			296			60
B Shares		N/A			N/A			N/A			N/A			439			442
C Shares		1,024			1,259			2,088			N/A			172			76
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	28.32		$	13.53		$	11.17		$	8.75		$	10.37		$	11.11
A Shares		28.06			12.88			11.03			N/A			10.33			11.12
B Shares(b)		N/A			N/A			N/A			N/A			10.19			11.10
C Shares(b)		25.98			11.38			10.65			N/A			10.29			11.09
Offering Price per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	28.32		$	13.53		$	11.17		$	8.75		$	10.37		$	11.11
A Shares		29.77			13.67			11.70			N/A			10.96			11.67
B Shares		N/A			N/A			N/A			N/A			10.19			11.10
C Shares		25.98			11.38			10.65			N/A			10.29			11.09
Maximum Sales Charge — A Shares		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%		4.75	%


*	Investments include securities on loan of $30,435, $240,810, $194,501, $—, $— and $—, respectively.


(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.


(b)	Redemption price per share varies based on length of time shares are held.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

101

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


	Life Vision			Life Vision			Life Vision			Life Vision			Life Vision
	Growth and			Moderate			Target Date			Target Date			Target Date
	Income Fund			Growth Fund			2015 Fund			2025 Fund			2035 Fund

Assets:
Total Investments, at Cost	$	88,908		$	180,898		$	3,286		$	6,321		$	3,197

Investments, at Value	$	921		$	1,487		$	92		$	185		$	102
Investments in Affiliates, at Value		93,699			185,711			3,076			5,634			2,828

Total Investments		94,620			187,198			3,168			5,819			2,930

Dividends Receivable		108			370			2			1			—
Receivable for Capital Shares Issued		62			102			5			8			7
Receivable for Investment Securities Sold		223			4,958			—			14			6
Receivable from Adviser		—			—			3			1			1
Prepaid Expenses		3			10			2			2			1

Total Assets		95,016			192,638			3,180			5,845			2,945

Liabilities:
Payable for Investment Securities Purchased		118			4,804			3			12			11
Payable for Capital Shares Redeemed		207			364			2			10			2
Investment Advisory Fees Payable		8			16			—			1			—
Administration, Fund Accounting and Transfer Agency Fees Payable		1			3			—			—			—
Compliance Services Fees Payable		—			1			—			—			—
Distribution and Service Fees Payable		15			26			—			—			—
Custodian Fees Payable		1			2			3			2			2
Trustee Fees Payable		—			1			—			—			—
Accrued Expenses		8			14			4			2			2

Total Liabilities		358			5,231			12			27			17

Net Assets	$	94,658		$	187,407		$	3,168		$	5,818		$	2,928

Net Assets Consist of:
Capital	$	81,728		$	176,151		$	3,398		$	6,264		$	3,137
Accumulated Net Investment Income (Loss)		292			1,038			14			14			7
Accumulated Net Realized Gain (Loss) from Investment Transactions		6,926			3,918			(126	)		42			51
Net Unrealized Appreciation/Depreciation on Investments		5,712			6,300			(118	)		(502	)		(267	)

Net Assets	$	94,658		$	187,407		$	3,168		$	5,818		$	2,928

Net Assets:
I Shares	$	69,704		$	147,784		$	3,150		$	5,770		$	2,908
A Shares		5,031			8,632			18			48			20
B Shares		14,339			10,572			N/A			N/A			N/A
C Shares		5,584			20,419			N/A			N/A			N/A
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		6,164			14,232			296			532			273
A Shares		446			832			2			4			2
B Shares		1,272			1,022			N/A			N/A			N/A
C Shares		498			1,974			N/A			N/A			N/A
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	11.31		$	10.38		$	10.63		$	10.84		$	10.65
A Shares		11.28			10.37			10.61			10.83			10.64
B Shares(b)		11.27			10.34			N/A			N/A			N/A
C Shares(b)		11.22			10.34			N/A			N/A			N/A
Offering Price per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	11.31		$	10.38		$	10.63		$	10.84		$	10.65
A Shares		11.97			11.00			11.26			11.49			11.29
B Shares		11.27			10.34			N/A			N/A			N/A
C Shares		11.22			10.34			N/A			N/A			N/A
Maximum Sales Charge — A Shares		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%


(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.


(b)	Redemption price per share varies based on length of time shares are held.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

102

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Period Ended March 31, 2008 (Amounts in thousands)


	Aggressive			Emerging			International						International			Large Cap
	Growth			Growth			Equity			International			Equity			Core
	Stock Fund			Stock Fund			130/30 Fund*			Equity Fund			Index Fund			Equity Fund

Investment Income:
Dividend Income	$	949		$	195		$	27		$	40,563		$	36,199		$	31,711
Dividend Income from Affiliated Investment Companies		220			137			—			—			—			607
Interest Income		—			—			6			303			526			—
Net Income from Securities Lending		427			263			—			1,784			2,083			877
Less: Foreign Taxes Withheld		—			—			(1	)		(3,264	)		(3,197	)		—

Total Investment Income		1,596			595			32			39,386			35,611			33,195

Expenses:
Investment Advisory Fees		3,838			1,433			14			13,365			5,192			12,877
Administration, Fund Accounting and Transfer Agency Fees		93			34			12			367			406			447
Compliance Services Fees		5			2			—			20			19			24
Distribution and Service Fees — A Shares		3			2			N/A			45			19			113
Distribution and Service Fees — C Shares		32			1			N/A			81			71			622
Custodian Fees		13			8			28			656			554			51
Printing Fees		19			6			—			49			48			75
Registration Fees		32			25			11			31			30			36
Trustee Fees		8			3			—			27			26			38
Dividend Expense on Securities Sold Short		—			—			20			—			—			—
Other Fees		26			12			2			88			70			119

Total Expenses		4,069			1,526			87			14,729			6,435			14,402
Less: Investment Advisory Fees Waived/Reimbursed		—			—			(48	)		—			—			—
Less: Administration Fees Waived		(4	)		(2	)		—			(13	)		(11	)		(17	)

Net Expenses		4,065			1,524			39			14,716			6,424			14,385

Net Investment Income (Loss)		(2,469	)		(929	)		(7	)		24,670			29,187			18,810

Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currencies:
Net Realized Gain (Loss) from:
Investment and Foreign Currency Transactions		31,134			13,996			(514	)		103,684			27,147			23,357
Securities Sold Short		—			—			84			—			—			—
Net Change in Unrealized Appreciation/Depreciation on:
Investments and Foreign Currencies		(35,691	)		(20,002	)		(204	)		(166,780	)		(79,504	)		(186,337	)
Securities Sold Short		—			—			(16	)		—			—			—

Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currencies		(4,557	)		(6,006	)		(650	)		(63,096	)		(52,357	)		(162,980	)

Change in Net Assets from Operations	$	(7,026	)	$	(6,935	)	$	(657	)	$	(38,426	)	$	(23,170	)	$	(144,170	)


*	From Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

103

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Period Ended March 31, 2008 (Amounts in thousands)


	Large Cap			Large Cap			Large Cap			Mid-Cap			Mid-Cap
	Growth			Quantitative			Value			Core			Value			Real Estate
	Stock Fund			Equity Fund			Equity Fund			Equity Fund			Equity Fund			130/30 Fund*

Investment Income:
Dividend Income	$	11,113		$	4,242		$	26,999		$	4,451		$	6,929		$	54
Dividend Income from Affiliated Investment Companies		844			106			2,299			141			530			—
Net Income from Securities Lending		701			—			799			272			322			—

Total Investment Income		12,658			4,348			30,097			4,864			7,781			54

Expenses:
Investment Advisory Fees		8,298			2,400			8,469			2,992			3,017			16
Administration, Fund Accounting and Transfer Agency Fees		274			77			307			90			87			1
Compliance Services Fees		14			8			19			5			5			—
Distribution and Service Fees — A Shares		234			3			178			32			16			N/A
Distribution and Service Fees — C Shares		346			12			371			96			55			N/A
Custodian Fees		27			34			37			14			16			3
Printing Fees		41			12			50			13			14			—
Registration Fees		32			30			31			32			32			9
Trustee Fees		19			6			26			6			7			—
Dividend Expense on Securities Sold Short		—			—			—			—			—			13
Other Fees		96			22			78			26			28			1

Total Expenses		9,381			2,604			9,566			3,306			3,277			43
Less: Investment Advisory Fees Waived/Reimbursed		—			—			—			—			—			(11	)
Less: Administration Fees Waived		(83	)		(3	)		(12	)		(3	)		(6	)		—

Net Expenses		9,298			2,601			9,554			3,303			3,271			32

Net Investment Income (Loss)		3,360			1,747			20,543			1,561			4,510			22

Net Realized and Unrealized Gain (Loss) on Investments:
Net Realized Gain (Loss) from:
Investment Transactions		123,995			(5,691	)		38,999			22,544			1,206			(192	)
Securities Sold Short		—			—			—			—			—			214
Net Change in Unrealized Appreciation/Depreciation on:
Investments		(89,661	)		(10,191	)		(135,590	)		(43,429	)		(33,320	)		44
Securities Sold Short		—			—			—			—			—			85

Net Realized and Unrealized Gain (Loss) on Investments		34,334			(15,882	)		(96,591	)		(20,885	)		(32,114	)		151

Change in Net Assets from Operations	$	37,694		$	(14,135	)	$	(76,048	)	$	(19,324	)	$	(27,604	)	$	173


*	From Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

104

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Period Ended March 31, 2008 (Amounts in thousands)


	Select
	Large Cap			Small Cap			Small Cap						Life Vision			Life Vision
	Growth			Growth			Value			U.S. Equity			Aggressive			Conservative
	Stock Fund			Stock Fund			Equity Fund			130/30 Fund*			Growth Fund			Fund

Investment Income:
Dividend Income	$	1,322		$	2,010		$	13,683		$	28		$	12		$	1
Dividend Income from Affiliated Investment Companies		188			735			787			—			635			429
Interest Income		—			—			—			1			—			—
Net Income from Securities Lending		68			1,500			904			—			—			—

Total Investment Income		1,578			4,245			15,374			29			647			430

Expenses:
Investment Advisory Fees		1,104			7,781			7,318			13			50			10
Administration, Fund Accounting and Transfer Agency Fees		53			213			182			2			16			4
Compliance Services Fees		2			13			11			—			1			—
Distribution and Service Fees — A Shares		2			66			16			N/A			10			2
Distribution and Service Fees — B Shares		N/A			N/A			N/A			N/A			40			35
Distribution and Service Fees — C Shares		314			195			77			N/A			17			8
Custodian Fees		6			47			25			9			6			5
Printing Fees		9			42			33			—			9			2
Registration Fees		26			33			34			9			8			7
Trustee Fees		3			18			15			—			1			—
Dividend Expense on Securities Sold Short		—			—			—			8			—			—
Other Fees		26			66			46			1			9			4

Total Expenses		1,545			8,474			7,757			42			167			77
Less: Investment Advisory Fees Waived/Reimbursed		—			—			—			(19	)		(3	)		(10	)
Less: Administration Fees Waived		(7	)		(63	)		(7	)		—			(3	)		(3	)

Net Expenses		1,538			8,411			7,750			23			161			64

Net Investment Income (Loss)		40			(4,166	)		7,624			6			486			366

Net Realized and Unrealized Gain (Loss) on Investments:
Net Realized Gain (Loss) from:
Investment Transactions**		7,032			116,819			82,203			(369	)		5,236			(129	)
Securities Sold Short		—			—			—			118			—			—
Capital Gain Received from Investments in Affiliated Investment Companies		—			—			—			—			3,409			254
Net Change in Unrealized Appreciation/Depreciation on:
Investments**		(646	)		(129,557	)		(150,184	)		(357	)		(9,753	)		(223	)
Securities Sold Short		—			—			—			(17	)		—			—

Net Realized and Unrealized Gain (Loss) on Investments		6,386			(12,738	)		(67,981	)		(625	)		(1,108	)		(98	)

Change in Net Assets from Operations	$	6,426		$	(16,904	)	$	(60,357	)	$	(619	)	$	(622	)	$	268


*	From Commencement of Operations.


**	Net realized gain (loss) from investment transactions and net change in unrealized appreciation/depreciation on investments for the Life Vision Funds are primarily attributable to the underlying investments in affiliated investment companies.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

105

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Year Ended March 31, 2008 (Amounts in thousands)


	Life			Life			Life			Life			Life
	Vision			Vision			Vision			Vision			Vision
	Growth and			Moderate			Target Date			Target Date			Target Date
	Income Fund			Growth Fund			2015 Fund			2025 Fund			2035 Fund

Investment Income:
Dividend Income	$	26		$	24		$	54		$	3		$	1
Dividend Income from Affiliated Investment Companies		2,619			6,687			2			80			31

Total Investment Income		2,645			6,711			56			83			32

Expenses:
Investment Advisory Fees		121			221			3			6			2
Administration, Fund Accounting and Transfer Agency Fees		38			73			1			2			1
Compliance Services Fees		2			4			—			—			—
Distribution and Service Fees — A Shares		18			31			—			—			—
Distribution and Service Fees — B Shares		124			93			N/A			N/A			N/A
Distribution and Service Fees — C Shares		60			232			N/A			N/A			N/A
Custodian Fees		7			9			8			6			7
Printing Fees		9			18			4			—			—
Registration Fees		10			24			10			10			10
Trustee Fees		3			5			—			—			—
Other Fees		14			31			2			2			1

Total Expenses		406			741			28			26			21
Less: Investment Advisory Fees Waived/Reimbursed		(1	)		—			(21	)		(14	)		(17	)
Less: Administration Fees Waived		(1	)		(5	)		(1	)		(1	)		—

Net Expenses		404			736			6			11			4

Net Investment Income (Loss)		2,241			5,975			50			72			28

Net Realized and Unrealized Gain (Loss) on Investments:
Net Realized Gain (Loss) from Investment Transactions*		6,410			2,423			(256	)		(234	)		(74	)
Capital Gain Received from Investments in Affiliated Investment Companies		6,168			9,266			192			427			165
Net Change in Unrealized Appreciation/Depreciation on Investments*		(15,273	)		(15,461	)		(187	)		(635	)		(335	)

Net Realized and Unrealized Gain (Loss) on Investments		(2,695	)		(3,772	)		(251	)		(442	)		(244	)

Change in Net Assets from Operations	$	(454	)	$	2,203		$	(201	)	$	(370	)	$	(216	)


*	Net realized gain (loss) on securities sold and net change in unrealized appreciation/depreciation on investments for the Life Vision Funds are primarily attributable to the underlying investments in affiliated investment companies.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

106

STATEMENTS OF CASH FLOWS

RIDGEWORTH FUNDS For the Period Ended March 31, 2008 (Amounts in thousands)


	International
	Equity 130/30			Real Estate			U.S. Equity
	Fund*			130/30 Fund*			130/30 Fund*

Cash Flow from Operating Activities:
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(657	)	$	173		$	(619	)
Adjustments to Reconcile Net Increase in Net Assets resulting from Operations to Net Cash Used in Operating Activities:
Purchases of Investments		(21,885	)		(17,490	)		(18,308	)
Proceeds from Investment Securities Sold		15,519			10,664			11,891
Proceeds from Investment Securities Sold Short		3,997			4,116			4,102
Purchases to Cover Securities Sold Short		(2,657	)		(2,284	)		(2,685	)
Net Realized (Gain)/Loss from Investments		430			(22	)		251
Change in Net Unrealized Appreciation/Depreciation from Investments		220			(129	)		374
Change in Assets and Liabilities:
Decrease (Increase) in Assets:
Interest and Dividends Receivable		(16	)		(37	)		(6	)
Receivable for Investment Securities Sold		(909	)		—			(282	)
Receivable from Adviser		(49	)		(9	)		(14	)
Prepaid Expenses		(29	)		(29	)		(29	)
(Decrease) Increase in Liabilities:
Payable for Investment Securities Purchased		958			—			291
Dividends Payable for Securities Sold Short		6			4			1
Investment Advisory Fees Payable		3			4			2
Administration, Fund Accounting and Transfer Agency Fees Payable		9			1			1
Custodian Fees Payable		29			2			6
Trustee Fees Payable		—			—			—
Accrued Expenses		1			1			1

Net Cash Used in Operating Activities		(5,030	)		(5,035	)		(5,023	)

Cash Flow from Financing Activities:
Proceeds from Shares Issued		5,000			5,000			5,000
Payable for Fund Overdraft		30			35			23

Net Cash Provided by Financing Activities		5,030			5,035			5,023

Net Increase in Cash		—			—			—
Cash at beginning of period		—			—			—

Cash at end of period	$	—		$	—		$	—


*	From Commencement of Operations, which was December 27, 2007.

Amounts designated as “—” are $0 or have been rounded to $0.

Non-cash financing activities not included herein consists of reinvestments of dividends of $34 and $6 for Real Estate 130/30 Fund and U.S. Equity 130/30 Fund, respectively.

See Notes to Financial Statements.

107

STATEMENTS OF CHANGES IN NET ASSETS

RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


													International
	Aggressive Growth						Emerging Growth						Equity			International
	Stock Fund						Stock Fund						130/30 Fund			Equity Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			12/27/07-*			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	(2,469	)	$	(2,484	)	$	(929	)	$	(698	)	$	(7	)	$	24,670		$	13,848
Net Realized Gain (Loss) from Investment and Foreign Currency Transactions		31,134			(11,788	)		13,996			1,704			(430	)		103,684			96,943
Net Change in Unrealized Appreciation/Depreciation on Investments and Foreign Currencies		(35,691	)		29,196			(20,002	)		6,460			(220	)		(166,780	)		70,475

Change in Net Assets from Operations		(7,026	)		14,924			(6,935	)		7,466			(657	)		(38,426	)		181,266

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		—			—			—			—			—			(25,075	)		(18,408	)
A Shares		—			—			—			—			N/A			(306	)		(203	)
C Shares		—			—			—			—			N/A			(106	)		(67	)
Net Realized Gains:
I Shares		(10,251	)		—			(12,358	)		—			—			(159,154	)		(150	)
A Shares		(30	)		—			(84	)		—			N/A			(2,105	)		(2	)
C Shares		(96	)		—			(12	)		—			N/A			(1,108	)		(1	)

Total Dividends and Distributions		(10,377	)		—			(12,454	)		—			—			(187,854	)		(18,831	)

Change in Net Assets from Capital Transactions		106			52,502			25,025			55,623			5,000			146,586			78,547

Change in Net Assets		(17,297	)		67,426			5,636			63,089			4,343			(79,694	)		240,982

Net Assets:
Beginning of Period		327,392			259,966			111,792			48,703			—			1,188,216			947,234

End of Period	$	310,095		$	327,392		$	117,428		$	111,792		$	4,343		$	1,108,522			1,188,216

Accumulated Net Investment Income (Loss), End of Period	$	(5	)	$	(8	)	$	(8	)	$	(11	)	$	(11	)	$	1		$	499


*	Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

108

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


													International
	Aggressive Growth						Emerging Growth						Equity		International
	Stock Fund						Stock Fund						130/30 Fund		Equity Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			12/27/07-*		04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08		03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	120,674		$	194,041		$	64,236		$	106,285		$	5,000	$	340,421		$	371,965
Dividends Reinvested		5,115			—			3,633			—			—		74,643			4,867
Cost of Shares Redeemed		(125,214	)		(139,963	)		(43,040	)		(51,032	)		—		(269,376	)		(296,951	)

Change in Net Assets from I Shares		575			54,078			24,829			55,253			5,000		145,688			79,881

A Shares:
Proceeds from Shares Issued		981			2,944			563			516			N/A		6,187			14,548
Dividends Reinvested		25			—			66			—			N/A		2,020			181
Cost of Shares Redeemed		(547	)		(2,815	)		(451	)		(142	)		N/A		(7,093	)		(14,676	)

Change in Net Assets from A Shares		459			129			178			374			N/A		1,114			53

C Shares:
Proceeds from Shares Issued		50			104			47			68			N/A		501			414
Dividends Reinvested		91			—			11			—			N/A		1,187			67
Cost of Shares Redeemed		(1,069	)		(1,809	)		(40	)		(72	)		N/A		(1,904	)		(1,868	)

Change in Net Assets from C Shares		(928	)		(1,705	)		18			(4	)		N/A		(216	)		(1,387	)

Change in Net Assets from Capital Transactions	$	106		$	52,502		$	25,025		$	55,623		$	5,000	$	146,586		$	78,547

Share Transactions:
I Shares:
Issued		8,851			16,703			4,764			8,835			500		21,017			24,381
Reinvested		353			—			255			—			—		4,740			302
Redeemed		(9,286	)		(11,908	)		(3,057	)		(4,037	)		—		(15,914	)		(19,398	)

Change in I Shares		(82	)		4,795			1,962			4,798			500		9,843			5,285

A Shares:
Issued		70			276			38			42			N/A		359			1,003
Reinvested		2			—			5			—			N/A		130			11
Redeemed		(41	)		(259	)		(33	)		(11	)		N/A		(443	)		(981	)

Change in A Shares		31			17			10			31			N/A		46			33

C Shares:
Issued		4			9			3			5			N/A		32			29
Reinvested		7			—			1			—			N/A		82			4
Redeemed		(83	)		(156	)		(3	)		(6	)		N/A		(126	)		(130	)

Change in C Shares		(72	)		(147	)		1			(1	)		N/A		(12	)		(97	)

Change in Shares		(123	)		4,665			1,973			4,828			500		9,877			5,221


*	Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

109

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	International Equity						Large Cap Core						Large Cap Growth
	Index Fund						Equity Fund						Stock Fund						Large Cap Quantitative Equity Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	29,187		$	17,444		$	18,810		$	22,026		$	3,360		$	5,713		$	1,747		$	1,551
Net Realized Gain (Loss) from Investment and Foreign Currency Transactions		27,147			7,770			23,357			121,792			123,995			60,872			(5,691	)		24,394
Net Change in Unrealized Appreciation/Depreciation on Investments and Foreign Currencies		(79,504	)		143,488			(186,337	)		47,465			(89,661	)		(3,769	)		(10,191	)		(6,151	)

Change in Net Assets from Operations		(23,170	)		168,702			(144,170	)		191,283			37,694			62,816			(14,135	)		19,794

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(27,049	)		(18,118	)		(18,214	)		(21,852	)		(3,174	)		(5,740	)		(1,790	)		(1,533	)
A Shares		(166	)		(90	)		(438	)		(571	)		(208	)		(242	)		(4	)		(2	)
C Shares		(113	)		(85	)		(163	)		(357	)		(50	)		(30	)		—			—
Tax Return of Capital
I Shares		—			—			(31	)		—			—			—			(11	)		—
A Shares		—			—			(1	)		—			—			—			—			—
C Shares		—			—			(1	)		—			—			—			—			—
Net Realized Gains:
I Shares		—			—			(139,555	)		(105,997	)		(157,411	)		(48,970	)		(29,674	)		(9,255	)
A Shares		—			—			(4,238	)		(3,279	)		(19,487	)		(3,726	)		(126	)		(36	)
C Shares		—			—			(5,769	)		(4,984	)		(9,172	)		(1,896	)		(145	)		(35	)

Total Dividends and Distributions		(27,328	)		(18,293	)		(168,410	)		(137,040	)		(189,502	)		(60,604	)		(31,750	)		(10,861	)

Change in Net Assets from Capital Transactions		13,287			68,874			(36,057	)		95,481			(344,543	)		(231,356	)		(27,710	)		14,966

Change in Net Assets		(37,211	)		219,283			(348,637	)		149,724			(496,351	)		(229,144	)		(73,595	)		23,899

Net Assets:
Beginning of Period		1,007,948			788,665			1,670,285			1,520,561			1,223,708			1,452,852			311,325			287,426

End of Period	$	970,737		$	1,007,948		$	1,321,648		$	1,670,285		$	727,357		$	1,223,708		$	237,730		$	311,325

Accumulated Net Investment Income (Loss), End of Period	$	1,665		$	(2,516	)	$	(7	)	$	(2	)	$	(5	)	$	(3	)	$	(3	)	$	30

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

110

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	International Equity												Large Cap Growth						Large Cap Quantitative
	Index Fund						Large Cap Core Equity Fund						Stock Fund						Equity Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	325,920		$	308,565		$	403,254		$	442,012		$	285,723		$	302,082		$	77,243		$	144,181
Dividends Reinvested		15,453			10,069			74,869			61,144			98,027			36,401			13,737			4,354
Cost of Shares Redeemed		(327,766	)		(246,266	)		(501,360	)		(394,496	)		(730,987	)		(532,077	)		(118,727	)		(133,003	)

Change in Net Assets from I Shares		13,607			72,368			(23,237	)		108,660			(347,237	)		(193,594	)		(27,747	)		15,532

A Shares:
Proceeds from Shares Issued		3,254			5,082			7,608			13,376			4,566			6,028			709			1,708
Dividends Reinvested		123			79			4,160			3,442			19,005			3,828			122			35
Cost of Shares Redeemed		(2,833	)		(9,029	)		(14,301	)		(17,648	)		(20,085	)		(33,556	)		(742	)		(2,028	)

Change in Net Assets from A Shares		544			(3,868	)		(2,533	)		(830	)		3,486			(23,700	)		89			(285	)

C Shares:
Proceeds from Shares Issued		728			2,610			1,045			2,091			686			418			29			97
Dividends Reinvested		107			81			5,630			5,087			8,871			1,866			138			33
Cost of Shares Redeemed		(1,699	)		(2,317	)		(16,962	)		(19,527	)		(10,349	)		(16,346	)		(219	)		(411	)

Change in Net Assets from C Shares		(864	)		374			(10,287	)		(12,349	)		(792	)		(14,062	)		(52	)		(281	)

Change in Net Assets from Capital Transactions	$	13,287		$	68,874		$	(36,057	)	$	95,481		$	(344,543	)	$	(231,356	)	$	(27,710	)	$	14,966

Share Transactions:
I Shares:
Issued		16,896			18,312			23,698			25,101			23,966			23,675			5,798			10,535
Reinvested		786			569			4,573			3,464			8,602			2,827			1,056			316
Redeemed		(17,256	)		(14,496	)		(28,621	)		(22,343	)		(54,888	)		(41,606	)		(8,425	)		(9,605	)

Change in I Shares		426			4,385			(350	)		6,222			(22,320	)		(15,104	)		(1,571	)		1,246

A Shares:
Issued		166			317			424			766			372			498			51			129
Reinvested		6			4			251			193			1,790			313			9			3
Redeemed		(149	)		(554	)		(829	)		(992	)		(1,658	)		(2,765	)		(56	)		(151	)

Change in A Shares		23			(233	)		(154	)		(33	)		504			(1,954	)		4			(19	)

C Shares:
Issued		38			155			61			120			62			37			3			7
Reinvested		6			5			350			293			924			163			11			2
Redeemed		(93	)		(144	)		(1,006	)		(1,124	)		(934	)		(1,440	)		(18	)		(31	)

Change in C Shares		(49	)		16			(595	)		(711	)		52			(1,240	)		(4	)		(22	)

Change in Shares		400			4,168			(1,099	)		5,478			(21,764	)		(18,298	)		(1,571	)		1,205

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

111

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Large Cap Value						Mid-Cap Core						Mid-Cap Value						Real Estate
	Equity Fund						Equity Fund						Equity Fund						130/30 Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			12/27/07-*
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08

Operations:
Net Investment Income (Loss)	$	20,543		$	14,266		$	1,561		$	1,599		$	4,510		$	2,805		$	22
Net Realized Gain (Loss) from Investment Transactions		38,999			102,395			22,544			29,613			1,206			49,345			22
Net Change in Unrealized Appreciation/Depreciation on Investments		(135,590	)		13,084			(43,429	)		945			(33,320	)		(9,247	)		129

Change in Net Assets from Operations		(76,048	)		129,745			(19,324	)		32,157			(27,604	)		42,903			173

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(19,035	)		(13,131	)		(1,662	)		(1,688	)		(4,406	)		(2,658	)		(34	)
A Shares		(943	)		(812	)		(47	)		(26	)		(74	)		(22	)		N/A
C Shares		(339	)		(264	)		(12	)		—			(30	)		(6	)		N/A
Tax Return of Capital
I Shares		—			—			—			—			(1,122	)		—			—
A Shares		—			—			—			—			(28	)		—			—
C Shares		—			—			—			—			(21	)		—			—
Net Realized Gains:
I Shares		(103,923	)		(31,908	)		(23,007	)		(24,539	)		(48,249	)		(40,247	)		—
A Shares		(6,143	)		(2,337	)		(1,059	)		(881	)		(1,212	)		(492	)		N/A
C Shares		(3,763	)		(1,568	)		(1,008	)		(879	)		(881	)		(949	)		N/A

Total Dividends and Distributions		(134,146	)		(50,020	)		(26,795	)		(28,013	)		(56,023	)		(44,374	)		(34	)

Change in Net Assets from Capital Transactions		189,310			37,730			(109,019	)		(87,508	)		64,848			37,716			5,034

Change in Net Assets		(20,884	)		117,445			(155,138	)		(83,364	)		(18,779	)		36,245			5,173

Net Assets:
Beginning of Period		996,104			878,649			356,603			439,967			288,580			252,335			—

End of Period	$	975,220		$	996,104		$	201,465		$	356,603		$	269,801		$	288,580		$	5,173

Accumulated Net Investment Income (Loss), End of Period	$	232		$	68		$	26		$	13		$	145		$	173		$	—

* Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

112

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Large Cap Value						Mid-Cap Core						Mid-Cap Value						Real Estate
	Equity Fund						Equity Fund						Equity Fund						130/30 Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			12/27/07*
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	355,893		$	188,156		$	41,538		$	121,973		$	127,267		$	141,296		$	5,000
Dividends Reinvested		94,656			34,278			15,639			14,317			27,334			20,051			34
Cost of Shares Redeemed		(252,509	)		(166,014	)		(163,505	)		(216,799	)		(95,646	)		(124,533	)		—

Change in Net Assets from I Shares		198,040			56,420			(106,328	)		(80,509	)		58,955			36,814			5,034

A Shares:
Proceeds from Shares Issued		3,635			5,244			1,225			2,572			8,394			1,703			N/A
Dividends Reinvested		6,747			3,039			1,030			856			1,122			457			N/A
Cost of Shares Redeemed		(14,704	)		(19,277	)		(3,319	)		(7,841	)		(2,786	)		(1,198	)		N/A

Change in Net Assets from A Shares		(4,322	)		(10,994	)		(1,064	)		(4,413	)		6,730			962			N/A

C Shares:
Proceeds from Shares Issued		705			991			78			303			321			616			N/A
Dividends Reinvested		3,958			1,777			970			838			888			919			N/A
Cost of Shares Redeemed		(9,071	)		(10,464	)		(2,675	)		(3,727	)		(2,046	)		(1,595	)		N/A

Change in Net Assets from C Shares		(4,408	)		(7,696	)		(1,627	)		(2,586	)		(837	)		(60	)		N/A

Change in Net Assets from Capital Transactions	$	189,310		$	37,730		$	(109,019	)	$	(87,508	)	$	64,848		$	37,716		$	5,034

Share Transactions:
I Shares:
Issued		23,915			12,782			3,029			9,065			10,739			10,806			500
Reinvested		6,778			2,324			1,236			1,072			2,480			1,596			3
Redeemed		(17,007	)		(11,371	)		(11,826	)		(16,117	)		(7,708	)		(9,501	)		—

Change in I Shares		13,686			3,735			(7,561	)		(5,980	)		5,511			2,901			503

A Shares:
Issued		242			370			90			204			689			127			N/A
Reinvested		485			207			86			67			103			37			N/A
Redeemed		(1,012	)		(1,351	)		(258	)		(604	)		(236	)		(91	)		N/A

Change in A Shares		(285	)		(774	)		(82	)		(333	)		556			73			N/A

C Shares:
Issued		50			69			7			25			24			47			N/A
Reinvested		289			122			90			71			82			74			N/A
Redeemed		(621	)		(731	)		(232	)		(315	)		(164	)		(122	)		N/A

Change in C Shares		(282	)		(540	)		(135	)		(219	)		(58	)		(1	)		N/A

Change in Shares		13,119			2,421			(7,778	)		(6,532	)		6,009			2,973			503

* Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

113

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Select Large Cap						Small Cap						Small Cap						U.S. Equity
	Growth Stock Fund						Growth Stock Fund						Value Equity Fund						130/30 Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			12/27/07-*
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08

Operations:
Net Investment Income (Loss)	$	40		$	211		$	(4,166	)	$	(7,303	)	$	7,624		$	3,992		$	6
Net Realized Gain (Loss) from Investment Transactions		7,032			17,498			116,819			54,274			82,203			162,868			(251	)
Net Change in Unrealized Appreciation/Depreciation on Investments		(646	)		(16,393	)		(129,557	)		(211,108	)		(150,184	)		(117,368	)		(374	)

Change in Net Assets from Operations		6,426			1,316			(16,904	)		(164,137	)		(60,357	)		49,492			(619	)

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(93	)		(168	)		—			—			(6,867	)		(4,008	)		(6	)
A Shares		—			—			—			—			(59	)		(23	)		N/A
C Shares		—			—			—			—			(288	)		(134	)		N/A
Tax Return of Capital
I Shares		—			—			(2,930	)		—			—			—			—
A Shares		—			—			(111	)		—			—			—			—
C Shares		—			—			(104	)		—			—			—			—
Net Realized Gains:
I Shares		—			—			(175,625	)		(64,037	)		(149,092	)		(161,578	)		—
A Shares		—			—			(6,621	)		(1,912	)		(1,715	)		(1,777	)		N/A
C Shares		—			—			(6,200	)		(1,522	)		(7,950	)		(9,018	)		N/A

Total Dividends and Distributions		(93	)		(168	)		(191,591	)		(67,471	)		(165,971	)		(176,538	)		(6	)

Change in Net Assets from Capital Transactions		(13,770	)		6,784			(161,452	)		(614,776	)		5,345			31,169			5,006

Change in Net Assets		(7,437	)		7,932			(369,947	)		(846,384	)		(220,983	)		(95,877	)		4,381

Net Assets:
Beginning of Period		131,293			123,361			891,435			1,737,819			717,537			813,414			—

End of Period	$	123,856		$	131,293		$	521,488		$	891,435		$	496,554		$	717,537		$	4,381

Accumulated Net Investment Income (Loss), End of Period	$	—		$	43		$	(4	)	$	147		$	510		$	100		$	1


*	Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

114

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Select Large Cap						Small Cap						Small Cap						U.S. Equity
	Growth Stock Fund						Growth Stock Fund						Value Equity Fund						130/30 Fund
	04/01/07-			04/0106-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			12/27/07-*
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	53,342		$	66,219		$	193,813		$	432,211		$	105,880		$	142,003		$	5,000
Dividends Reinvested		37			67			160,171			53,211			134,794			135,202			6
Cost of Shares Redeemed		(59,313	)		(42,803	)		(515,343	)		(1,062,116	)		(233,111	)		(246,253	)		—

Change in Net Assets from I Shares		(5,934	)		23,483			(161,359	)		(576,694	)		7,563			30,952			5,006

A Shares:
Proceeds from Shares Issued		577			259			2,216			21,465			974			3,313			N/A
Dividends Reinvested		—			—			6,316			1,738			1,521			1,441			N/A
Cost of Shares Redeemed		(369	)		(376	)		(8,658	)		(51,551	)		(2,820	)		(1,322	)		N/A

Change in Net Assets from A Shares		208			(117	)		(126	)		(28,348	)		(325	)		3,432			N/A

C Shares:
Proceeds from Shares Issued		166			280			224			855			299			374			N/A
Dividends Reinvested		—			—			6,017			1,445			7,562			8,830			N/A
Cost of Shares Redeemed		(8,210	)		(16,862	)		(6,208	)		(12,034	)		(9,754	)		(12,419	)		N/A

Change in Net Assets from C Shares		(8,044	)		(16,582	)		33			(9,734	)		(1,893	)		(3,215	)		N/A

Change in Net Assets from Capital Transactions	$	(13,770	)	$	6,784		$	(161,452	)	$	(614,776	)	$	5,345		$	31,169		$	5,006

Share Transactions:
I Shares:
Issued		1,794			2,435			10,325			20,133			7,204			7,539			500
Reinvested		1			3			10,017			2,589			10,699			8,068			1
Redeemed		(2,021	)		(1,681	)		(25,118	)		(51,099	)		(14,777	)		(13,164	)		—

Change in I Shares		(226	)		757			(4,776	)		(28,377	)		3,126			2,443			501

A Shares:
Issued		19			10			114			1,023			58			172			N/A
Reinvested		—			—			415			87			123			87			N/A
Redeemed		(13	)		(14	)		(468	)		(2,493	)		(182	)		(71	)		N/A

Change in A Shares		6			(4	)		61			(1,383	)		(1	)		188			N/A

C Shares:
Issued		6			12			16			42			19			19			N/A
Reinvested		—			—			446			78			630			546			N/A
Redeemed		(302	)		(700	)		(370	)		(637	)		(666	)		(686	)		N/A

Change in C Shares		(296	)		(688	)		92			(517	)		(17	)		(121	)		N/A

Change in Shares		(516	)		65			(4,623	)		(30,277	)		3,108			2,510			501


*	Commencement of Operations.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

115

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Life Vision Aggressive						Life Vision						Life Vision Growth						Life Vision Moderate
	Growth Fund						Conservative Fund						and Income Fund						Growth Fund
	04/01/07-			04/01/06 -			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	486		$	541		$	366		$	332		$	2,241		$	2,521		$	5,975		$	5,162
Net Realized Gain (Loss) from Investment Transactions*		5,236			1,588			(129	)		(5	)		6,410			2,187			2,423			2,093
Capital Gain Received from Investments in Affiliated Investment Companies		3,409			2,525			254			84			6,168			4,138			9,266			4,083
Net Change in Unrealized Appreciation/Depreciation on Investments*		(9,753	)		1,277			(223	)		170			(15,273	)		2,685			(15,461	)		3,313

Change in Net Assets from Operations		(622	)		5,931			268			581			(454	)		11,531			2,203			14,651

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(1,202	)		(1,056	)		(167	)		(130	)		(2,935	)		(2,977	)		(6,115	)		(5,550	)
A Shares		(113	)		(48	)		(23	)		(35	)		(195	)		(163	)		(342	)		(191	)
B Shares		(153	)		(70	)		(153	)		(168	)		(483	)		(343	)		(367	)		(328	)
C Shares		(55	)		(16	)		(24	)		(23	)		(170	)		(86	)		(633	)		(85	)
Net Realized Gains:
I Shares		(4,823	)		(1,015	)		(69	)		(29	)		(5,689	)		(2,198	)		(2,580	)		(6,776	)
A Shares		(495	)		(55	)		(8	)		(8	)		(426	)		(135	)		(158	)		(243	)
B Shares		(726	)		(104	)		(66	)		(46	)		(1,189	)		(342	)		(185	)		(528	)
C Shares		(265	)		(26	)		(10	)		(7	)		(446	)		(96	)		(341	)		(84	)

Total Dividends and Distributions		(7,832	)		(2,390	)		(520	)		(446	)		(11,533	)		(6,340	)		(10,721	)		(13,785	)

Change in Net Assets from Capital Transactions		(17,012	)		(2,541	)		2,217			(931	)		(34,482	)		11,586			(45,398	)		60,588

Change in Net Assets		(25,466	)		1,000			1,965			(796	)		(46,469	)		16,777			(53,916	)		61,454

Net Assets:
Beginning of Period		63,286			62,286			9,618			10,414			141,127			124,350			241,323			179,869

End of Period	$	37,820		$	63,286		$	11,583		$	9,618		$	94,658		$	141,127		$	187,407		$	241,323

Accumulated Net Investment Income (Loss), End of Period	$	87		$	1		$	90		$	11		$	292		$	51		$	1,038		$	162


*	Net realized gain (loss) on securities sold and net change in unrealized appreciation/depreciation on investments for the Life Vision Funds are primarily attributable to the underlying investments in affiliated investment companies.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

116

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Life Vision Aggressive						Life Vision						Life Vision Growth						Life Vision Moderate
	Growth Fund						Conservative Fund						and Income Fund						Growth Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	9,620		$	18,522		$	3,889		$	1,752		$	17,783		$	41,607		$	33,653		$	48,287
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			32,309
Dividends Reinvested		5,872			2,024			229			153			8,615			5,153			8,405			12,207
Cost of Shares Redeemed		(33,930	)		(23,246	)		(2,189	)		(1,650	)		(60,094	)		(37,048	)		(80,892	)		(58,615	)

Change in Net Assets from I Shares		(18,438	)		(2,700	)		1,929			255			(33,696	)		9,712			(38,834	)		34,188

A Shares:
Proceeds from Shares Issued		691			426			158			108			1,659			1,435			1,012			1,015
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			5,098
Dividends Reinvested		594			102			23			34			612			297			475			414
Cost of Shares Redeemed		(480	)		(264	)		(319	)		(666	)		(3,332	)		(946	)		(3,453	)		(1,346	)

Change in Net Assets from A Shares		805			264			(138	)		(524	)		(1,061	)		786			(1,966	)		5,181

B Shares:
Proceeds from Shares Issued		18			133			678			6			42			213			196			25
Dividends Reinvested		869			173			191			182			1,571			644			534			829
Cost of Shares Redeemed		(896	)		(766	)		(507	)		(797	)		(2,194	)		(2,318	)		(2,329	)		(2,243	)

Change in Net Assets from B Shares		(9	)		(460	)		362			(609	)		(581	)		(1,461	)		(1,599	)		(1,389	)

C Shares:
Proceeds from Shares Issued		657			541			336			366			1,296			3,325			1,418			875
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			22,680
Dividends Reinvested		320			42			28			26			587			171			933			159
Cost of Shares Redeemed		(347	)		(228	)		(300	)		(445	)		(1,027	)		(947	)		(5,350	)		(1,106	)

Change in Net Assets from C Shares		630			355			64			(53	)		856			2,549			(2,999	)		22,608

Change in Net Assets from Capital Transactions	$	(17,012	)	$	(2,541	)	$	2,217		$	(931	)	$	(34,482	)	$	11,586		$	(45,398	)	$	60,588

Share Transactions:
I Shares:
Issued		749			1,482			342			157			1,377			3,306			3,060			4,424
Issued in Acquisition		—			—			—			—			—			—			—			2,988
Reinvested		486			158			20			14			679			405			757			1,111
Redeemed		(2,570	)		(1,837	)		(192	)		(149	)		(4,571	)		(2,916	)		(7,331	)		(5,371	)

Change in I Shares		(1,335	)		(197	)		170			22			(2,515	)		795			(3,514	)		3,152

A Shares:
Issued		52			34			15			9			124			117			91			94
Issued in Acquisition		—			—			—			—			—			—			—			471
Reinvested		49			8			2			3			48			23			43			38
Redeemed		(39	)		(21	)		(28	)		(59	)		(253	)		(75	)		(319	)		(123	)

Change in A Shares		62			21			(11	)		(47	)		(81	)		65			(185	)		480

B Shares:
Issued		2			11			60			1			3			17			17			2
Reinvested		73			14			17			16			125			51			48			76
Redeemed		(70	)		(63	)		(44	)		(71	)		(174	)		(186	)		(215	)		(207	)

Change in B Shares		5			(38	)		33			(54	)		(46	)		(118	)		(150	)		(129	)

C Shares:
Issued		51			43			30			33			100			268			130			79
Issued in Acquisition		—			—			—			—			—			—			—			2,101
Reinvested		27			3			2			2			47			13			84			15
Redeemed		(27	)		(18	)		(26	)		(40	)		(81	)		(77	)		(488	)		(102	)

Change in C Shares		51			28			6			(5	)		66			204			(274	)		2,093

Change in Shares		(1,217	)		(186	)		198			(84	)		(2,576	)		946			(4,123	)		5,596

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

117

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Life Vision						Life Vision						Life Vision
	Target Date						Target Date						Target Date
	2015 Fund						2025 Fund						2035 Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	50		$	19		$	72		$	26		$	28		$	10
Net Realized Gain (Loss) from Investment Transactions*		(256	)		(6	)		(234	)		(4	)		(74	)		(3	)
Capital Gain Received from Investments in Affiliated Investment Companies		192			37			427			91			165			43
Net Change in Unrealized Appreciation/Depreciation on Investments*		(187	)		58			(635	)		115			(335	)		51

Change in Net Assets from Operations		(201	)		108			(370	)		228			(216	)		101

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(97	)		(29	)		(194	)		(49	)		(60	)		(21	)
A Shares		(1	)		—			(2	)		—			(1	)		—
Net Realized Gains:
I Shares		(22	)		(3	)		(77	)		(2	)		(29	)		(5	)
A Shares		—			—			(1	)		—			—			—

Total Dividends and Distributions		(120	)		(32	)		(274	)		(51	)		(90	)		(26	)

Change in Net Assets from Capital Transactions		1,420			1,723			1,713			3,462			1,912			657

Change in Net Assets		1,099			1,799			1,069			3,639			1,606			732

Net Assets:
Beginning of Period		2,069			270			4,749			1,110			1,322			590

End of Period	$	3,168		$	2,069		$	5,818		$	4,749		$	2,928		$	1,322

Accumulated Net Investment Income (Loss), End of Period	$	14		$	1		$	14		$	1		$	7		$	—


*	Net realized gain (loss) on securities sold and net change in unrealized appreciation/depreciation on investments for the Life Vision Funds are primarily attributable to the underlying investments in affiliated investment companies.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

118

STATEMENTS OF CHANGES IN NET ASSETS (concluded)

RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Life Vision						Life Vision						Life Vision
	Target Date						Target Date						Target Date
	2015 Fund						2025 Fund						2035 Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	4,247		$	1,890		$	3,253		$	3,629		$	2,244		$	747
Dividends Reinvested		119			31			271			50			89			26
Cost of Shares Redeemed		(2,965	)		(200	)		(1,819	)		(259	)		(442	)		(120	)

Change in Net Assets from I Shares		1,401			1,721			1,705			3,420			1,891			653

A Shares(1):
Proceeds from Shares Issued		18			2			6			42			36			4
Dividends Reinvested		1			—			2			—			1			—
Cost of Shares Redeemed		—			—			—			—			(16	)		—

Change in Net Assets from A Shares		19			2			8			42			21			4

Change in Net Assets from Capital Transactions	$	1,420		$	1,723		$	1,713		$	3,462		$	1,912		$	657

Share Transactions:
I Shares:
Issued		361			169			268			313			191			67
Reinvested		10			3			22			4			7			2
Redeemed		(254	)		(18	)		(152	)		(23	)		(38	)		(10	)

Change in I Shares		117			154			138			294			160			59

A Shares(1):
Issued		2			—			—			4			3			—
Reinvested		—			—			—			—			—			—
Redeemed		—			—			—			—			(1	)		—

Change in A Shares		2			—			—			4			2			—

Change in Shares		119			154			138			298			162			59


(1)	A Shares commenced operations beginning January 4, 2007 for the Life Vision Target Date 2015 Fund, July 11, 2006 for the Life Vision Target Date 2025 Fund and May 3, 2006 for the Life Vision Target Date 2035 Fund.

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

119

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																	Ratio of
																														Ratio of			Expenses to
																											Ratio			Net			Average Net
						Net																					of			Investment			Assets
						Realized																					Net			Income			(Excluding
						and								Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends		from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net		Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment		Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income		Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Aggressive Growth Stock Fund(4)
I Shares
Year Ended March 31, 2008	$	12.64	$	(0.09	)(a)	$	(0.11	)	$	(0.20	)	$	—	$	(0.41	)	$	(0.41	)	$	12.03		(2.12	)%	$	306,709		1.16	%		(0.70	)%		1.16	%		59	%
Year Ended March 31, 2007		12.24		(0.09	)(a)		0.49			0.40			—		—			—			12.64		3.27			323,303		1.17			(0.79	)		1.17			49
Year Ended March 31, 2006		9.89		(0.07	)(a)		2.42			2.35			—		—			—			12.24		23.77			254,412		1.19			(0.61	)		1.23			30
Period Ended March 31, 2005		10.00		(0.06	)(a)		(0.05	)		(0.11	)		—		—			—			9.89		(1.10	)		58,988		1.22			(0.79	)		1.45			42
Period Ended May 31, 2004		10.00		(0.02	)(a)		0.02			—			—		—			—			10.00		0.00			20,501		1.22			(0.74	)		1.61			2
A Shares
Year Ended March 31, 2008		12.53		(0.13	)(a)		(0.11	)		(0.24	)		—		(0.41	)		(0.41	)		11.88		(2.46	)		893		1.46			(.99	)		1.46			59
Year Ended March 31, 2007		12.16		(0.12	)(a)		0.49			0.37			—		—			—			12.53		3.04			553		1.47			(1.10	)		1.47			49
Year Ended March 31, 2006		9.84		(0.10	)(a)		2.42			2.32			—		—			—			12.16		23.58			331		1.50			(0.94	)		1.55			30
Period Ended March 31, 2005		9.99		(0.09	)(a)		(0.06	)		(0.15	)		—		—			—			9.84		(1.50	)		140		1.58			(1.14	)		5.56			42
Period Ended May 31, 2004		10.00		(0.03	)(a)		0.02			(0.01	)		—		—			—			9.99		(0.10	)		49		1.65			(1.25	)		11.29	(b)		2
C Shares
Year Ended March 31, 2008		12.27		(0.22	)(a)		(0.10	)		(0.32	)		—		(0.41	)		(0.41	)		11.54		(3.17	)		2,493		2.16			(1.71	)		2.16			59
Year Ended March 31, 2007		12.00		(0.20	)(a)		0.47			0.27			—		—			—			12.27		2.25			3,536		2.16			(1.78	)		2.16			49
Year Ended March 31, 2006		9.78		(0.17	)(a)		2.39			2.22			—		—			—			12.00		22.70			5,223		2.17			(1.63	)		2.27			30
Period Ended March 31, 2005		9.97		(0.15	)(a)		(0.04	)		(0.19	)		—		—			—			9.78		(1.91	)		5,795		2.19			(1.75	)		2.56			42
Period Ended May 31, 2004		10.00		(0.04	)(a)		0.01			(0.03	)		—		—			—			9.97		(0.30	)		65		2.10			(1.69	)		8.78	(b)		2
Emerging Growth Stock Fund(4)
I Shares
Year Ended March 31, 2008		12.97		(0.10	)(a)		(0.41	)		(0.51	)		—		(1.38	)		(1.38	)		11.08		(6.29	)		116,703		1.17			(0.71	)		1.17			117
Year Ended March 31, 2007		12.83		(0.10	)(a)		0.24			0.14			—		—			—			12.97		1.09			111,078		1.17			(0.85	)		1.18			103
Year Ended March 31, 2006		9.38		(0.09	)(a)		3.54			3.45			—		—			—			12.83		36.78			48,369		1.20			(0.84	)		1.24			107
Period Ended March 31, 2005		9.60		(0.08	)(a)		(0.14	)		(0.22	)		—		—			—			9.38		(2.29	)		20,494		1.23			(1.03	)		1.51			64
Period Ended May 31, 2004		10.00		(0.03	)(a)		(0.37	)		(0.40	)		—		—			—			9.60		(4.00	)		12,891		1.22			(1.04	)		1.69			11
A Shares
Year Ended March 31, 2008		12.83		(0.14	)(a)		(0.39	)		(0.53	)		—		(1.38	)		(1.38	)		10.92		(6.52	)		632		1.47			(1.01	)		1.47			117
Year Ended March 31, 2007		12.74		(0.14	)(a)		0.23			0.09			—		—			—			12.83		0.71			615		1.48			(1.16	)		1.49			103
Year Ended March 31, 2006		9.34		(0.13	)(a)		3.53			3.40			—		—			—			12.74		36.30			227		1.51			(1.16	)		1.55			107
Period Ended March 31, 2005		9.59		(0.11	)(a)		(0.14	)		(0.25	)		—		—			—			9.34		(2.61	)		86		1.59			(1.40	)		6.91			64
Period Ended May 31, 2004		10.00		(0.04	)(a)		(0.37	)		(0.41	)		—		—			—			9.59		(4.10	)		39		1.65			(1.46	)		13.36	(b)		11
C Shares
Year Ended March 31, 2008		12.59		(0.23	)(a)		(0.36	)		(0.59	)		—		(1.38	)		(1.38	)		10.62		(7.14	)		93		2.17			(1.71	)		2.17			117
Year Ended March 31, 2007		12.59		(0.22	)(a)		0.22			—			—		—			—			12.59		0.00			99		2.17			(1.84	)		2.18			103
Year Ended March 31, 2006		9.29		(0.20	)(a)		3.50			3.30			—		—			—			12.59		35.52			107		2.17			(1.82	)		2.21			107
Period Ended March 31, 2005		9.58		(0.15	)(a)		(0.14	)		(0.29	)		—		—			—			9.29		(3.03	)		34		2.11			(1.92	)		13.65			64
Period Ended May 31, 2004		10.14		(0.05	)(a)		(0.51	)		(0.56	)		—		—			—			9.58		(5.52	)		34		2.11			(1.95	)		18.36	(b)		11

See Notes to Financial Highlights and Notes to Financial Statements.

120

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
International Equity 130/30 Fund(4)(6)
I Shares
Period Ended March 31, 2008	$	10.00	$	(0.01	)	$	(1.30	)	$	(1.31	)	$	—		$	—		$	—		$	8.69		(13.10	)%	$	4,343		1.55	%		(0.58	)%		7.38	%(c)		120	%
International Equity Fund
I Shares
Year Ended March 31, 2008		16.83		0.34	(a)		(0.76	)		(0.42	)		(0.34	)		(2.30	)		(2.64	)		13.77		(4.16	)		1,089,572		1.21			2.06			1.21			141
Year Ended March 31, 2007		14.49		0.20			2.41			2.61			(0.27	)		—			(0.27	)		16.83		18.21			1,165,510		1.22			1.31			1.22			81
Year Ended March 31, 2006		11.77		0.16			2.72			2.88			(0.16	)		—			(0.16	)		14.49		24.47	#		926,845		1.31			1.40			1.32			59
Period Ended March 31, 2005		10.15		0.06			1.67			1.73			(0.11	)		—			(0.11	)		11.77		17.09			480,731		1.38			0.85			1.38			39
Year Ended May 31, 2004		8.00		0.10	(a)		2.19			2.29			(0.14	)		—			(0.14	)		10.15		28.64			332,180		1.41			1.08			1.41			58
Year Ended May 31, 2003		9.31		0.07			(1.32	)		(1.25	)		(0.06	)		—			(0.06	)		8.00		(13.40	)		191,041		1.46			0.83			1.46			89
A Shares
Year Ended March 31, 2008		16.67		0.28	(a)		(0.74	)		(0.46	)		(0.30	)		(2.30	)		(2.60	)		13.61		(4.45	)		12,288		1.51			1.70			1.51			141
Year Ended March 31, 2007		14.34		0.16			2.40			2.56			(0.23	)		—			(0.23	)		16.67		18.00			14,277		1.52			1.05			1.52			81
Year Ended March 31, 2006		11.64		0.11			2.70			2.81			(0.11	)		—			(0.11	)		14.34		24.15	#		11,805		1.62			1.14			1.63			59
Period Ended March 31, 2005		10.03		0.01			1.67			1.68			(0.07	)		—			(0.07	)		11.64		16.78			8,480		1.72			0.47			1.75			39
Year Ended May 31, 2004		7.92		0.04	(a)		2.17			2.21			(0.10	)		—			(0.10	)		10.03		29.97			7,056		1.83			0.46			2.06			58
Year Ended May 31, 2003		9.21		0.04			(1.30	)		(1.26	)		(0.03	)		—			(0.03	)		7.92		(13.70	)		6,408		1.83			0.59			2.22			89
C Shares
Year Ended March 31, 2008		15.76		0.17	(a)		(0.70	)		(0.53	)		(0.19	)		(2.30	)		(2.49	)		12.74		(5.09	)		6,662		2.21			1.07			2.21			141
Year Ended March 31, 2007		13.58		0.05			2.25			2.30			(0.12	)		—			(0.12	)		15.76		16.97			8,429		2.22			0.35			2.22			81
Year Ended March 31, 2006		11.01		—			2.57			2.57			—			—			—			13.58		23.34	#		8,584		2.31			0.51			2.32			59
Period Ended March 31, 2005		9.49		(0.02	)(a)		1.54			1.52			—			—			—			11.01		16.03			8,248		2.40			(0.21	)		2.45			39
Year Ended May 31, 2004		7.50		(0.01	)(a)		2.06			2.05			(0.06	)		—			(0.06	)		9.49		27.32			7,606		2.53			(0.15	)		2.86			58
Year Ended May 31, 2003		8.75		(0.01	)		(1.24	)		(1.25	)		—			—			—			7.50		(14.29	)		5,678		2.53			(0.17	)		3.03			89

See Notes to Financial Highlights and Notes to Financial Statements.

121

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
International Equity Index Fund
I Shares
Year Ended March 31, 2008	$	18.64	$	0.53		$	(0.86	)	$	(0.33	)	$	(0.49	)	$	—		$	(0.49	)	$	17.82		(2.03	)%	$	958,514		0.59	%		2.74	%		0.59	%		13	%
Year Ended March 31, 2007		15.81		0.35			2.84			3.19			(0.36	)		—			(0.36	)		18.64		20.27			994,685		0.61			1.99			0.61			8
Year Ended March 31, 2006		12.83		0.25			2.94			3.19			(0.21	)		—			(0.21	)		15.81		25.06	#		774,008		0.76			1.84			0.78			7
Period Ended March 31, 2005		11.11		0.08	(a)		1.88			1.96			(0.24	)		—			(0.24	)		12.83		17.68			517,993		0.97			0.81			1.06			21
Year Ended May 31, 2004		8.39		0.14	(a)		2.71			2.85			(0.13	)		—			(0.13	)		11.11		34.07			351,163		0.98			1.38			1.07			10
Year Ended May 31, 2003		9.76		0.10	(a)		(1.43	)		(1.33	)		(0.04	)		—			(0.04	)		8.39		(13.63	)		248,770		1.03			1.26			1.12			25
A Shares
Year Ended March 31, 2008		18.49		0.46			(0.84	)		(0.38	)		(0.44	)		—			(0.44	)		17.67		(2.29	)		6,052		0.89			2.40			0.89			13
Year Ended March 31, 2007		15.66		0.28			2.84			3.12			(0.29	)		—			(0.29	)		18.49		20.03			5,921		0.91			1.69			0.91			8
Year Ended March 31, 2006		12.69		0.25			2.87			3.12			(0.15	)		—			(0.15	)		15.66		24.74	#		8,666		1.09			1.58			1.12			7
Period Ended March 31, 2005		10.93		0.04	(a)		1.84			1.88			(0.12	)		—			(0.12	)		12.69		17.22			7,600		1.36			0.38			1.45			21
Year Ended May 31, 2004		8.28		0.07	(a)		2.68			2.75			(0.10	)		—			(0.10	)		10.93		33.26			15,037		1.49			0.73			1.61			10
Year Ended May 31, 2003		9.64		0.10	(a)		(1.45	)		(1.35	)		(0.01	)		—			(0.01	)		8.28		(14.03	)		9,877		1.49			1.33			1.87			25
C Shares
Year Ended March 31, 2008		17.99		0.33			(0.84	)		(0.51	)		(0.30	)		—			(0.30	)		17.18		(3.01	)		6,171		1.60			1.77			1.60			13
Year Ended March 31, 2007		15.29		0.21			2.71			2.92			(0.22	)		—			(0.22	)		17.99		19.13			7,342		1.61			0.99			1.61			8
Year Ended March 31, 2006		12.37		0.07			2.87			2.94			(0.02	)		—			(0.02	)		15.29		23.79	#		5,991		1.77			0.94			1.80			7
Period Ended March 31, 2005		10.69		(0.02	)(a)		1.80			1.78			(0.10	)		—			(0.10	)		12.37		16.62			5,763		1.99			(0.24	)		2.12			21
Year Ended May 31, 2004		8.10		0.02	(a)		2.62			2.64			(0.05	)		—			(0.05	)		10.69		32.60			5,208		2.14			0.25			2.54			10
Year Ended May 31, 2003		9.48		0.01	(a)		(1.39	)		(1.38	)		—			—			—			8.10		(14.56	)		3,093		2.14			0.18			2.82			25
Large Cap Core Equity Fund
I Shares
Year Ended March 31, 2008		17.79		0.21			(1.81	)		(1.60	)		(0.21	)(b)		(1.73	)		(1.94	)(b)		14.25		(10.32	)		1,239,965		0.86			1.23			0.86			78
Year Ended March 31, 2007		17.20		0.25			1.87			2.12			(0.26	)		(1.27	)		(1.53	)		17.79		12.51			1,554,971		0.85			1.41			0.85			58
Year Ended March 31, 2006		16.07		0.18			1.83			2.01			(0.18	)		(0.70	)		(0.88	)		17.20		12.76			1,396,362		0.90			1.15			0.90			55
Period Ended March 31, 2005		14.72		0.17			1.74			1.91			(0.18	)		(0.38	)		(0.56	)		16.07		12.98			1,010,717		0.96			1.23			0.96			44
Year Ended May 31, 2004		12.21		0.14	(a)		2.50			2.64			(0.13	)		—			(0.13	)		14.72		21.76			782,665		1.00			1.03			1.00			51
Year Ended May 31, 2003		13.80		0.13			(1.60	)		(1.47	)		(0.12	)		—			(0.12	)		12.21		(10.58	)		598,862		0.99			1.05			0.99			52
A Shares
Year Ended March 31, 2008		17.97		0.17			(1.84	)		(1.67	)		(0.17	)(b)		(1.73	)		(1.90	)(b)		14.40		(10.60	)		35,341		1.11			0.97			1.11			78
Year Ended March 31, 2007		17.36		0.20			1.89			2.09			(0.21	)		(1.27	)		(1.48	)		17.97		12.25			46,878		1.10			1.19			1.10			58
Year Ended March 31, 2006		16.21		0.14			1.85			1.99			(0.14	)		(0.70	)		(0.84	)		17.36		12.50			45,851		1.15			0.90			1.15			55
Period Ended March 31, 2005		14.83		0.14			1.77			1.91			(0.15	)		(0.38	)		(0.53	)		16.21		12.86			44,743		1.18			0.97			1.23			44
Year Ended May 31, 2004		12.31		0.12	(a)		2.51			2.63			(0.11	)		—			(0.11	)		14.83		21.45			45,808		1.18			0.84			1.36			51
Year Ended May 31, 2003		13.91		0.11			(1.61	)		(1.50	)		(0.10	)		—			(0.10	)		12.31		(10.74	)		36,305		1.18			0.88			1.38			52

See Notes to Financial Highlights and Notes to Financial Statements.

122

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Large Cap Core Equity Fund
C Shares
Year Ended March 31, 2008	$	17.56	$	0.04		$	(1.79	)	$	(1.75	)	$	(0.05	)(b)	$	(1.73	)	$	(1.78	)(b)	$	14.03		(11.27	)%	$	46,342		1.86	%		0.23	%		1.86	%		78	%
Year Ended March 31, 2007		17.00		0.08			1.84			1.92			(0.09	)		(1.27	)		(1.36	)		17.56		11.40			68,436		1.85			0.42			1.85			58
Year Ended March 31, 2006		15.89		0.02			1.81			1.83			(0.02	)		(0.70	)		(0.72	)		17.00		11.69			78,348		1.90			0.15			1.90			55
Period Ended March 31, 2005		14.54		0.03			1.74			1.77			(0.04	)		(0.38	)		(0.42	)		15.89		12.12			88,741		1.93			0.23			1.99			44
Year Ended May 31, 2004		12.08		0.01	(a)		2.47			2.48			(0.02	)		—			(0.02	)		14.54		20.58			97,899		1.93			0.09			2.17			51
Year Ended May 31, 2003		13.66		—			(1.56	)		(1.56	)		(0.02	)		—			(0.02	)		12.08		(11.41	)		74,261		1.93			0.11			2.20			52
Large Cap Growth Stock Fund
I Shares
Year Ended March 31, 2008		12.86		0.05			0.49			0.54			(0.05	)		(3.40	)		(3.45	)		9.95		0.92			633,291		1.00			0.45			1.01			109
Year Ended March 31, 2007		12.83		0.06	(a)		0.58			0.64			(0.06	)		(0.55	)		(0.61	)		12.86		5.08			1,105,504		0.98			0.48			0.98			79
Year Ended March 31, 2006		12.22		0.03	(a)		0.86			0.89			(0.02	)		(0.26	)		(0.28	)		12.83		7.33			1,296,236		1.06			0.22			1.07			74
Period Ended March 31, 2005		12.33		0.03	(a)		0.07			0.10			(0.03	)		(0.18	)		(0.21	)		12.22		0.76			1,493,213		1.19			0.31			1.21			72
Year Ended May 31, 2004		11.02		(0.03	)(a)		1.34			1.31			—			—			—			12.33		11.89			1,248,636		1.23			(0.25	)		1.24			106
Year Ended May 31, 2003		12.24		(0.03	)(a)		(1.19	)		(1.22	)		—			—			—			11.02		(9.97	)		1,090,549		1.22			(0.32	)		1.24			69
A Shares
Year Ended March 31, 2008		12.19		0.02			0.49			0.51			(0.03	)		(3.40	)		(3.43	)		9.27		0.68			66,115		1.30			0.16			1.31			109
Year Ended March 31, 2007		12.20		0.02	(a)		0.56			0.58			(0.04	)		(0.55	)		(0.59	)		12.19		4.69			80,848		1.28			0.18			1.28			79
Year Ended March 31, 2006		11.66		(0.03	)(a)		0.83			0.80			—			(0.26	)		(0.26	)		12.20		6.97			104,733		1.50			(0.22	)		1.50			74
Period Ended March 31, 2005		11.82		(0.04	)(a)		0.06			0.02			—			(0.18	)		(0.18	)		11.66		0.15			126,895		1.86			(0.38	)		1.90			72
Year Ended May 31, 2004		10.63		(0.10	)(a)		1.29			1.19			—			—			—			11.82		11.19			145,883		1.88			(0.91	)		2.00			106
Year Ended May 31, 2003		11.89		(0.10	)(a)		(1.16	)		(1.26	)		—			—			—			10.63		(10.60	)		141,488		1.88			(0.98	)		2.00			69
C Shares
Year Ended March 31, 2008		11.36		(0.06	)		0.48			0.42			(0.01	)		(3.40	)		(3.41	)		8.37		(0.08	)		27,949		2.00			(0.54	)		2.01			109
Year Ended March 31, 2007		11.46		(0.06	)(a)		0.52			0.46			(0.01	)		(0.55	)		(0.56	)		11.36		3.96			37,356		1.98			(0.52	)		1.98			79
Year Ended March 31, 2006		11.04		(0.09	)(a)		0.77			0.68			—			(0.26	)		(0.26	)		11.46		6.27			51,883		2.07			(0.79	)		2.08			74
Period Ended March 31, 2005		11.22		(0.07	)(a)		0.07			—			—			(0.18	)		(0.18	)		11.04		(0.02	)		75,786		2.21			(0.74	)		2.24			72
Year Ended May 31, 2004		10.15		(0.15	)(a)		1.22			1.07			—			—			—			11.22		10.54			100,472		2.35			(1.38	)		2.43			106
Year Ended May 31, 2003		11.40		(0.14	)(a)		(1.11	)		(1.25	)		—			—			—			10.15		(10.96	)		94,505		2.35			(1.45	)		2.45			69
Large Cap Quantitative Equity Fund(4)
I Shares
Year Ended March 31, 2008		14.08		0.09	(a)		(0.85	)		(0.76	)		(0.09	)(b)		(1.65	)		(1.74	)(b)		11.58		(6.68	)		235,925		0.92			0.63			0.92			399
Year Ended March 31, 2007		13.75		0.07	(a)		0.69			0.76			(0.06	)		(0.37	)		(0.43	)		14.08		5.63			309,126		0.92			0.48			0.92			450
Year Ended March 31, 2006		13.25		0.01	(a)		1.55			1.56			—			(1.06	)		(1.06	)		13.75		12.17			284,727		0.99			0.07			1.02			432
Period Ended March 31, 2005		12.08		(0.02	)(a)		1.91			1.89			—			(0.72	)		(0.72	)		13.25		15.84			93,204		1.11			(0.19	)		1.26			346
Period Ended May 31, 2004		10.00		(0.02	)(a)		2.35			2.33			—			(0.25	)		(0.25	)		12.08		23.43			66,812		1.13			(0.22	)		1.33			344

See Notes to Financial Highlights and Notes to Financial Statements.

123

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Large Cap Quantitative Equity Fund(4)
A Shares
Year Ended March 31, 2008	$	13.97	$	0.05	(a)	$	(0.84	)	$	(0.79	)	$	(0.06	)(b)	$	(1.65	)	$	(1.71	)(b)	$	11.47		(6.96	)%	$	830		1.17	%		0.37	%		1.17	%		399	%
Year Ended March 31, 2007		13.65		0.03	(a)		0.69			0.72			(0.03	)		(0.37	)		(0.40	)		13.97		5.38			944		1.17			0.24			1.17			450
Year Ended March 31, 2006		13.18		(0.02	)(a)		1.55			1.53			—			(1.06	)		(1.06	)		13.65		11.90			1,181		1.23			(0.17	)		1.27			432
Period Ended March 31, 2005		12.05		(0.05	)(a)		1.90			1.85			—			(0.72	)		(0.72	)		13.18		15.54			407		1.39			(0.47	)		2.37			346
Period Ended May 31, 2004		11.35		(0.05	)(a)		1.00			0.95			—			(0.25	)		(0.25	)		12.05		8.48			155		1.55			(0.67	)		10.70	(c)		344
C Shares
Year Ended March 31, 2008		13.61		(0.05	)(a)		(0.81	)		(0.86	)		—	(b)		(1.65	)		(1.65	)(b)		11.10		(7.62	)		975		1.92			(0.38	)		1.92			399
Year Ended March 31, 2007		13.37		(0.07	)(a)		0.68			0.61			—			(0.37	)		(0.37	)		13.61		4.60			1,255		1.92			(0.54	)		1.92			450
Year Ended March 31, 2006		13.03		(0.13	)(a)		1.53			1.40			—			(1.06	)		(1.06	)		13.37		11.11			1,518		2.00			(0.97	)		2.05			432
Period Ended March 31, 2005		12.00		(0.13	)(a)		1.88			1.75			—			(0.72	)		(0.72	)		13.03		14.76			1,458		2.13			(1.22	)		2.39			346
Period Ended May 31, 2004		11.64		(0.11	)(a)		0.72			0.61			—			(0.25	)		(0.25	)		12.00		5.34			1,573		2.30			(1.42	)		3.09			344
Large Cap Value Equity Fund
I Shares
Year Ended March 31, 2008		15.13		0.28			(1.16	)		(0.88	)		(0.28	)		(1.62	)		(1.90	)		12.35		(7.07	)		898,491		0.83			1.93			0.83			116
Year Ended March 31, 2007		13.85		0.23			1.85			2.08			(0.23	)		(0.57	)		(0.80	)		15.13		15.26			893,491		0.83			1.62			0.83			95
Year Ended March 31, 2006		12.59		0.23			1.26			1.49			(0.23	)		—			(0.23	)		13.85		11.93			766,547		0.85			1.74			0.86			104
Period Ended March 31, 2005		11.47		0.15			1.15			1.30			(0.18	)		—			(0.18	)		12.59		11.42			792,677		0.86			1.52			0.86			87
Year Ended May 31, 2004		9.73		0.15	(a)		1.74			1.89			(0.15	)		—			(0.15	)		11.47		19.58			715,928		0.90			1.40			0.90			67
Year Ended May 31, 2003		11.05		0.15			(1.33	)		(1.18	)		(0.14	)		—			(0.14	)		9.73		(10.54	)		681,899		0.89			1.68			0.89			46
A Shares
Year Ended March 31, 2008		15.08		0.24			(1.16	)		(0.92	)		(0.24	)		(1.62	)		(1.86	)		12.30		(7.37	)		47,400		1.13			1.63			1.13			116
Year Ended March 31, 2007		13.82		0.19			1.83			2.02			(0.19	)		(0.57	)		(0.76	)		15.08		14.81			62,390		1.13			1.32			1.13			95
Year Ended March 31, 2006		12.56		0.19			1.26			1.45			(0.19	)		—			(0.19	)		13.82		11.61			67,845		1.16			1.43			1.17			104
Period Ended March 31, 2005		11.43		0.11			1.16			1.27			(0.14	)		—			(0.14	)		12.56		11.18			75,462		1.20			1.18			1.20			87
Year Ended May 31, 2004		9.70		0.11	(a)		1.73			1.84			(0.11	)		—			(0.11	)		11.43		19.10			73,257		1.28			1.01			1.31			67
Year Ended May 31, 2003		11.01		0.12			(1.32	)		(1.20	)		(0.11	)		—			(0.11	)		9.70		(10.85	)		65,294		1.28			1.29			1.32			46
C Shares
Year Ended March 31, 2008		14.92		0.14			(1.14	)		(1.00	)		(0.14	)		(1.62	)		(1.76	)		12.16		(7.93	)		29,329		1.83			0.92			1.83			116
Year Ended March 31, 2007		13.68		0.09			1.81			1.90			(0.09	)		(0.57	)		(0.66	)		14.92		14.04			40,223		1.83			0.62			1.83			95
Year Ended March 31, 2006		12.43		0.09			1.25			1.34			(0.09	)		—			(0.09	)		13.68		10.86			44,257		1.85			0.74			1.86			104
Period Ended March 31, 2005		11.31		0.03			1.15			1.18			(0.06	)		—			(0.06	)		12.43		10.46			53,147		1.88			0.49			1.89			87
Year Ended May 31, 2004		9.60		0.03	(a)		1.72			1.75			(0.04	)		—			(0.04	)		11.31		18.27			57,403		2.02			0.27			2.07			67
Year Ended May 31, 2003		10.90		0.05			(1.31	)		(1.26	)		(0.04	)		—			(0.04	)		9.60		(11.56	)		49,007		2.02			0.55			2.10			46

See Notes to Financial Highlights and Notes to Financial Statements.

124

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Mid-Cap Core Equity Fund
I Shares
Year Ended March 31, 2008	$	13.89	$	0.08	(a)	$	(1.28	)	$	(1.20	)	$	(0.09	)	$	(1.34	)	$	(1.43	)	$	11.26		(9.73	)%	$	185,543		1.07	%		0.56	%		1.07	%		58	%
Year Ended March 31, 2007		13.67		0.06			1.21			1.27			(0.06	)		(0.99	)		(1.05	)		13.89		9.59			333,976		1.07			0.43			1.07			189
Year Ended March 31, 2006		12.03		0.07			2.26			2.33			(0.07	)		(0.62	)		(0.69	)		13.67		19.68			410,459		1.12			0.63			1.13			138
Period Ended March 31, 2005		10.32		0.07			1.70			1.77			(0.06	)		—			(0.06	)		12.03		17.17			214,660		1.20			0.64			1.22			68
Year Ended May 31, 2004		8.74		0.06	(a)		1.57			1.63			(0.05	)		—			(0.05	)		10.32		18.70			177,128		1.23			0.64			1.26			126
Year Ended May 31, 2003		9.79		(0.03	)(a)		(1.02	)*		(1.05	)*		—			—			—			8.74		(10.73	)		118,092		1.22			(0.31	)		1.25			144
A Shares
Year Ended March 31, 2008		13.28		0.04	(a)		(1.22	)		(1.18	)		(0.06	)		(1.34	)		(1.40	)		10.70		(10.02	)		8,614		1.37			0.29			1.37			58
Year Ended March 31, 2007		13.12		0.02			1.16			1.18			(0.03	)		(0.99	)		(1.02	)		13.28		9.28			11,773		1.37			0.12			1.37			189
Year Ended March 31, 2006		11.57		0.03			2.17			2.20			(0.03	)		(0.62	)		(0.65	)		13.12		19.32			16,009		1.47			0.25			1.48			138
Period Ended March 31, 2005		9.92		0.02			1.64			1.66			(0.01	)		—			(0.01	)		11.57		16.79			14,556		1.63			0.21			1.68			68
Year Ended May 31, 2004		8.42		0.02	(a)		1.51			1.53			(0.03	)		—			(0.03	)		9.92		18.16			17,125		1.68			0.20			1.87			126
Year Ended May 31, 2003		9.47		(0.05	)(a)		(1.00	)		(1.05	)		—			—			—			8.42		(11.09	)		12,137		1.68			(0.68	)		1.92			144
C Shares
Year Ended March 31, 2008		12.16		(0.05	)(a)		(1.09	)		(1.14	)		(0.02	)		(1.34	)		(1.36	)		9.66		(10.62	)		7,308		2.07			(0.41	)		2.07			58
Year Ended March 31, 2007		12.15		(0.01	)		1.01			1.00			—			(0.99	)		(0.99	)		12.16		8.51			10,854		2.07			(0.58	)		2.07			189
Year Ended March 31, 2006		10.81		—			1.96			1.96			—			(0.62	)		(0.62	)		12.15		18.44			13,499		2.13			(0.42	)		2.14			138
Period Ended March 31, 2005		9.30		0.01			1.50			1.51			—			—			—			10.81		16.24			14,557		2.21			(0.37	)		2.28			68
Year Ended May 31, 2004		7.92		(0.04	)(a)		1.43			1.39			(0.01	)		—			(0.01	)		9.30		17.51			15,998		2.28			(0.41	)		2.54			126
Year Ended May 31, 2003		8.97		(0.10	)(a)		(0.95	)		(1.05	)		—			—			—			7.92		(11.71	)		12,013		2.28			(1.33	)		2.60			144
Mid-Cap Value Equity Fund(4)
I Shares
Year Ended March 31, 2008		13.02		0.19	(a)		(1.18	)		(0.99	)		(0.23	)(b)		(2.22	)		(2.45	)(b)		9.58		(9.75	)		257,978		1.06			1.52			1.06			221
Year Ended March 31, 2007		13.14		0.14			2.04			2.18			(0.13	)		(2.17	)		(2.30	)		13.02		17.47			278,949		1.06			1.08			1.06			196
Year Ended March 31, 2006		12.27		0.13			2.15			2.28			(0.13	)		(1.28	)		(1.41	)		13.14		19.49			243,534		1.13			1.03			1.16			169
Period Ended March 31, 2005		10.95		0.11			1.33			1.44			(0.12	)		—			(0.12	)		12.27		13.25			209,088		1.22			1.19			1.32			117
Year Ended May 31, 2004		8.62		0.05	(a)		2.33			2.38			(0.05	)		—			(0.05	)		10.95		27.71			147,185		1.26			0.53			1.36			95
Year Ended May 31, 2003		10.95		0.05			(2.16	)		(2.11	)		(0.04	)		(0.18	)		(0.22	)		8.62		(19.05	)		99,854		1.25			0.63			1.35			71
A Shares
Year Ended March 31, 2008		12.97		0.12	(a)		(1.14	)		(1.02	)		(0.20	)(b)		(2.22	)		(2.42	)(b)		9.53		(10.03	)		7,774		1.36			1.04			1.36			221
Year Ended March 31, 2007		13.10		0.11			2.03			2.14			(0.10	)		(2.17	)		(2.27	)		12.97		17.11			3,362		1.36			0.78			1.36			196
Year Ended March 31, 2006		12.24		0.09			2.14			2.23			(0.09	)		(1.28	)		(1.37	)		13.10		19.09			2,435		1.46			0.72			1.49			169
Period Ended March 31, 2005		10.94		0.08			1.31			1.39			(0.09	)		—			(0.09	)		12.24		12.73			1,724		1.62			0.74			1.93			117
Period Ended May 31, 2004		9.39		0.02	(a)		1.55			1.57			(0.02	)		—			(0.02	)		10.94		16.73			610		1.60			0.24			4.23			95

See Notes to Financial Highlights and Notes to Financial Statements.

125

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Mid-Cap Value Equity Fund(4)
C Shares
Year Ended March 31, 2008	$	12.91	$	0.07	(a)	$	(1.18	)	$	(1.11	)	$	(0.11	)(b)	$	(2.22	)	$	(2.33	)(b)	$	9.47		(10.72	)%	$	4,049		2.06	%		0.57	%		2.06	%		221	%
Year Ended March 31, 2007		13.06		0.02			2.01			2.03			(0.01	)		(2.17	)		(2.18	)		12.91		16.27			6,269		2.06			0.07			2.06			196
Year Ended March 31, 2006		12.21		0.02			2.13			2.15			(0.02	)		(1.28	)		(1.30	)		13.06		18.47			6,366		2.03			0.13			2.17			169
Period Ended March 31, 2005		10.90		0.04			1.32			1.36			(0.05	)		—			(0.05	)		12.21		12.47			6,888		1.91			0.54			2.39			117
Year Ended May 31, 2004		8.58		(0.01	)(a)		2.33			2.32			—			—			—			10.90		27.06			7,880		1.90			(0.11	)		2.74			95
Year Ended May 31, 2003		10.92		0.01			(2.16	)		(2.15	)		(0.01	)		(0.18	)		(0.19	)		8.58		(19.58	)		5,744		1.90			0.03			2.85			71
Real Estate 130/30 Fund(4)(6)
I Shares
Period Ended March 31, 2008		10.00		0.10			0.25			0.35			(0.07	)		—			(0.07	)		10.28		3.47			5,173		1.45			1.74			3.42	(c)		70
Select Large Cap Growth Stock Fund(4)
I Shares
Year Ended March 31, 2008		26.92		0.08	(a)		1.35			1.43			(0.03	)		—			(0.03	)		28.32		5.30			96,704		0.94			0.28			0.95			62
Year Ended March 31, 2007		25.83		0.15	(a)		0.99			1.14			(0.05	)		—			(0.05	)		26.92		4.42			98,027		0.97			0.59			0.98			160
Year Ended March 31, 2006		24.14		—			1.82			1.82			(0.13	)		—			(0.13	)		25.83		7.54			74,481		1.07			0.21			1.08			82
Period Ended March 31, 2005		23.31		0.10	(a)		0.77			0.87			(0.04	)		—			(0.04	)		24.14		3.74			98,982		1.22			0.52			1.25			51
Year Ended May 31, 2004		20.78		(0.06	)(a)		2.59			2.53			—			—			—			23.31		12.18			144,732		1.25			(0.28	)		1.25			49
Year Ended May 31, 2003		23.25		—	(a)		(2.47	)		(2.47	)		—			—			—			20.78		(10.62	)		198,429		1.24			(0.01	)		1.24			58
A Shares
Year Ended March 31, 2008		26.73		—	(a)		1.33			1.33			—			—			—			28.06		4.98			556		1.24			—			1.25			62
Year Ended March 31, 2007		25.67		0.07	(a)		0.99			1.06			—			—			—			26.73		4.13			371		1.28			0.26			1.29			160
Year Ended March 31, 2006		24.02		(0.05	)		1.78			1.73			(0.08	)		—			(0.08	)		25.67		7.21			468		1.39			(0.11	)		1.41			82
Period Ended March 31, 2005		23.26		0.03	(a)		0.77			0.80			(0.04	)		—			(0.04	)		24.02		3.42			667		1.62			0.13			2.00			51
Period Ended May 31, 2004		22.32		(0.10	)(a)		1.04			0.94			—			—			—			23.26		4.21			365		1.65			(0.71	)		4.48	(c)		49
C Shares
Year Ended March 31, 2008		24.93		(0.20	)(a)		1.25			1.05			—			—			—			25.98		4.21			26,596		1.95			(0.74	)		1.95			62
Year Ended March 31, 2007		24.11		(0.11	)(a)		0.93			0.82			—			—			—			24.93		3.40			32,895		1.98			(0.44	)		1.99			160
Year Ended March 31, 2006		22.67		(0.11	)		1.57			1.46			(0.02	)		—			(0.02	)		24.11		6.46			48,412		2.07			(0.80	)		2.08			82
Period Ended March 31, 2005		22.04		(0.09	)(a)		0.72			0.63			—			—			—			22.67		2.86			67,950		2.23			(0.47	)		2.28			51
Year Ended May 31, 2004		19.85		(0.29	)(a)		2.48			2.19			—			—			—			22.04		11.03			92,966		2.31			(1.34	)		2.41			49
Year Ended May 31, 2003		22.45		(0.20	)(a)		(2.40	)		(2.60	)		—			—			—			19.85		(11.58	)		110,085		2.31			(1.07	)		2.40			58
Small Cap Growth Stock Fund
I Shares
Year Ended March 31, 2008		20.61		(0.11	)(a)		(0.33	)		(0.44	)		—			(6.64	)(b)		(6.64	)(b)		13.53		(7.09	)		490,675		1.19			(0.57	)		1.20			126
Year Ended March 31, 2007		23.65		(0.11	)(a)		(1.74	)		(1.85	)		—			(1.19	)		(1.19	)		20.61		(7.80	)		845,570		1.16			(0.51	)		1.16			139
Year Ended March 31, 2006		19.99		(0.14	)(a)		5.46			5.32			—			(1.66	)		(1.66	)		23.65		27.55			1,641,681		1.17			(0.66	)		1.18			98
Period Ended March 31, 2005		20.25		(0.08	)(a)		2.27			2.19			—			(2.45	)		(2.45	)		19.99		10.60			940,775		1.22			(0.46	)		1.22			70
Year Ended May 31, 2004		15.19		(0.16	)(a)		5.22			5.06			—			—			—			20.25		33.31			789,650		1.25			(0.83	)		1.25			107
Year Ended May 31, 2003		17.28		(0.12	)(a)		(1.72	)		(1.84	)		—			(0.25	)		(0.25	)		15.19		(10.50	)		567,714		1.24			(0.87	)		1.24			96

See Notes to Financial Highlights and Notes to Financial Statements.

126

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Small Cap Growth Stock Fund
A Shares
Year Ended March 31, 2008	$	19.96	$	(0.16	)(a)	$	(0.28	)	$	(0.44	)	$	—		$	(6.64	)(b)	$	(6.64	)(b)	$	12.88		(7.33	)%	$	16,490		1.49	%		(0.87	)%		1.50	%		126	%
Year Ended March 31, 2007		23.02		(0.17	)(a)		(1.70	)		(1.87	)		—			(1.19	)		(1.19	)		19.96		(8.06	)		24,320		1.46			(0.81	)		1.46			139
Year Ended March 31, 2006		19.56		(0.21	)(a)		5.33			5.12			—			(1.66	)		(1.66	)		23.02		27.13	##		59,896		1.51			(1.00	)		1.54			98
Period Ended March 31, 2005		19.92		(0.14	)(a)		2.23			2.09			—			(2.45	)		(2.45	)		19.56		10.26			38,954		1.61			(0.84	)		1.73			70
Year Ended May 31, 2004		15.00		(0.22	)(a)		5.14			4.92			—			—			—			19.92		32.80			40,590		1.61			(1.20	)		1.88			107
Year Ended May 31, 2003		17.12		(0.17	)(a)		(1.70	)		(1.87	)		—			(0.25	)		(0.25	)		15.00		(10.77	)		21,887		1.61			(1.23	)		1.93			96
C Shares
Year Ended March 31, 2008		18.46		(0.27	)(a)		(0.17	)		(0.44	)		—			(6.64	)(b)		(6.64	)(b)		11.38		(7.98	)		14,323		2.20			(1.57	)		2.21			126
Year Ended March 31, 2007		21.53		(0.29	)(a)		(1.59	)		(1.88	)		—			(1.19	)		(1.19	)		18.46		(8.68	)		21,545		2.16			(1.51	)		2.16			139
Year Ended March 31, 2006		18.51		(0.33	)(a)		5.01			4.68			—			(1.66	)		(1.66	)		21.53		26.27	##		36,242		2.18			(1.67	)		2.18			98
Period Ended March 31, 2005		19.06		(0.23	)(a)		2.13			1.90			—			(2.45	)		(2.45	)		18.51		9.71			35,322		2.22			(1.46	)		2.24			70
Year Ended May 31, 2004		14.45		(0.34	)(a)		4.95			4.61			—			—			—			19.06		31.90			40,354		2.31			(1.90	)		2.40			107
Year Ended May 31, 2003		16.62		(0.26	)(a)		(1.66	)		(1.92	)		—			(0.25	)		(0.25	)		14.45		(11.40	)		25,601		2.31			(1.93	)		2.46			96
Small Cap Value Equity Fund(4)
I Shares
Year Ended March 31, 2008		17.35		0.18			(1.65	)		(1.47	)		(0.17	)		(4.54	)		(4.71	)		11.17		(11.23	)		469,424		1.19			1.20			1.19			75
Year Ended March 31, 2007		20.93		0.10			1.25			1.35			(0.11	)		(4.82	)		(4.93	)		17.35		7.41			674,619		1.18			0.55			1.18			62
Year Ended March 31, 2006		19.86		0.10			5.39			5.49			(0.10	)		(4.32	)		(4.42	)		20.93		30.70			762,709		1.20			0.48			1.20			58
Period Ended March 31, 2005		18.26		0.04	(a)		3.15			3.19			(0.06	)		(1.53	)		(1.59	)		19.86		17.57			726,904		1.21			0.22			1.21			17
Year Ended May 31, 2004		13.73		0.06	(a)		4.53			4.59			(0.06	)		—			(0.06	)		18.26		33.56			682,567		1.25			0.38			1.25			44
Year Ended May 31, 2003		14.54		0.08			(0.82	)		(0.74	)		(0.07	)		—			(0.07	)		13.73		(5.09	)		518,468		1.24			0.64			1.24			29
A Shares
Year Ended March 31, 2008		17.20		0.14			(1.63	)		(1.49	)		(0.14	)		(4.54	)		(4.68	)		11.03		(11.48	)		4,887		1.44			0.94			1.44			75
Year Ended March 31, 2007		20.79		0.05			1.24			1.29			(0.06	)		(4.82	)		(4.88	)		17.20		7.17			7,629		1.44			0.28			1.44			62
Year Ended March 31, 2006		19.75		0.06			5.36			5.42			(0.06	)		(4.32	)		(4.38	)		20.79		30.44			5,317		1.45			0.22			1.48			58
Period Ended March 31, 2005		18.18		(0.01	)(a)		3.13			3.12			(0.02	)		(1.53	)		(1.55	)		19.75		17.26			4,616		1.47			(0.05	)		1.61			17
Period Ended May 31, 2004		15.75		0.03	(a)		2.41			2.44			(0.01	)		—			(0.01	)		18.18		15.51			4,088		1.55			0.30			2.15			44
C Shares
Year Ended March 31, 2008		16.76		0.14			(1.57	)		(1.43	)		(0.14	)		(4.54	)		(4.68	)		10.65		(11.41	)		22,243		1.44			0.94			1.45			75
Year Ended March 31, 2007		20.39		0.05			1.20			1.25			(0.06	)		(4.82	)		(4.88	)		16.76		7.10			35,289		1.43			0.30			1.43			62
Year Ended March 31, 2006		19.45		0.06			5.26			5.32			(0.06	)		(4.32	)		(4.38	)		20.39		30.41			45,388		1.45			0.23			1.70			58
Period Ended March 31, 2005		17.91		(0.01	)(a)		3.09			3.08			(0.01	)		(1.53	)		(1.54	)		19.45		17.27			43,664		1.50			(0.07	)		2.25			17
Year Ended May 31, 2004		13.55		(0.10	)(a)		4.46			4.36			—			—			—			17.91		32.20			46,192		2.26			(0.64	)		2.45			44
Year Ended May 31, 2003		14.43		(0.04	)		(0.84	)		(0.88	)		—			—			—			13.55		(6.10	)		34,064		2.31			(0.40	)		2.50			29
U.S. Equity 130/30 Fund(4)(6)
I Shares
Period Ended March 31, 2008		10.00		0.01			(1.25	)		(1.24	)		(0.01	)		—			(0.01	)		8.75		(12.39	)		4,381		1.30			0.48			3.49			87

See Notes to Financial Highlights and Notes to Financial Statements.

127

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Life Vision Aggressive Growth Fund(4)(5)
I Shares
Year Ended March 31, 2008	$	13.00	$	0.14	(a)	$	(0.46	)	$	(0.32	)	$	(0.41	)	$	(1.90	)	$	(2.31	)	$	10.37		(4.59	)%	$	28,514		0.19	%		1.04	%		0.20	%		46	%
Year Ended March 31, 2007		12.32		0.12	(a)		1.05			1.17			(0.25	)		(0.24	)		(0.49	)		13.00		9.60			53,098		0.18			0.94			0.18			52
Year Ended March 31, 2006†		11.07		0.07	(a)		1.45			1.52			(0.14	)		(0.13	)		(0.27	)		12.32		13.90			52,765		0.21			0.66			0.26			31
Period Ended March 31, 2005†		10.25		0.09			0.85			0.94			(0.12	)		—			(0.12	)		11.07		9.15			43,283		0.21			0.98			0.34			29
Year Ended May 31, 2004		8.55		0.04	(a)		1.70			1.74			(0.04	)**		—			(0.04	)**		10.25		20.34			38,468		0.25			0.39			0.39			44
Year Ended May 31, 2003		9.57		0.03			(1.02	)		(0.99	)		(0.03	)		—			(0.03	)		8.55		(10.36	)		28,681		0.25			0.33			0.40			50
A Shares
Year Ended March 31, 2008		12.97		0.13	(a)		(0.49	)		(0.36	)		(0.38	)		(1.90	)		(2.28	)		10.33		(4.88	)		3,067		0.49			0.94			0.50			46
Year Ended March 31, 2007		12.29		0.08	(a)		1.05			1.13			(0.21	)		(0.24	)		(0.45	)		12.97		9.31			3,040		0.48			0.63			0.48			52
Year Ended March 31, 2006†		11.05		0.04	(a)		1.44			1.48			(0.11	)		(0.13	)		(0.24	)		12.29		13.50			2,619		0.52			0.42			0.62			31
Period Ended March 31, 2005†		10.23		0.06			0.85			0.91			(0.09	)		—			(0.09	)		11.05		8.90			2,080		0.55			0.86			1.01			29
Period Ended May 31, 2004		9.46		(0.01	)(a)		0.81			0.80			(0.03	)		—			(0.03	)		10.23		8.43			867		0.51			(0.24	)		5.15			44
B Shares
Year Ended March 31, 2008		12.84		0.06	(a)		(0.46	)		(0.40	)		(0.35	)		(1.90	)		(2.25	)		10.19		(5.25	)		4,472		0.94			0.41			0.95			46
Year Ended March 31, 2007		12.19		0.03	(a)		1.02			1.05			(0.16	)		(0.24	)		(0.40	)		12.84		8.71			5,575		0.93			0.18			0.93			52
Year Ended March 31, 2006†		10.98		(0.02	)(a)		1.45			1.43			(0.09	)		(0.13	)		(0.22	)		12.19		13.10			5,756		0.99			(0.14	)		1.10			31
Period Ended March 31, 2005†		10.18		0.03			0.83			0.86			(0.06	)		—			(0.06	)		10.98		8.44			5,452		1.03			0.19			1.40			29
Year Ended May 31, 2004		8.53		(0.04	)(a)		1.70			1.66			(0.01	)		—			(0.01	)		10.18		19.49			4,367		1.00			(0.36	)		1.95			44
Period Ended May 31, 2003		7.23		(0.01	)		1.31			1.30			—			—			—			8.53		18.03			1,052		0.89			(0.86	)		1.36			50
C Shares
Year Ended March 31, 2008		12.98		0.04	(a)		(0.49	)		(0.45	)		(0.34	)		(1.90	)		(2.24	)		10.29		(5.56	)		1,767		1.19			0.27			1.21			46
Year Ended March 31, 2007		12.33		—	(a)		1.04			1.04			(0.15	)		(0.24	)		(0.39	)		12.98		8.54			1,573		1.18			(0.03	)		1.18			52
Period Ended March 31, 2006†		11.07		0.01	(a)		1.46			1.47			(0.08	)		(0.13	)		(0.21	)		12.33		13.40			1,146		1.17			0.03			1.22			31
Life Vision Conservative Fund(4)(5)
I Shares
Year Ended March 31, 2008		11.37		0.44			(0.10	)		0.34			(0.44	)		(0.16	)		(0.60	)		11.11		3.02			5,177		0.18			3.98			0.30			47
Year Ended March 31, 2007		11.21		0.45	(a)		0.30			0.75			(0.48	)		(0.11	)		(0.59	)		11.37		6.91			3,362		0.20			4.00			0.32			43
Year Ended March 31, 2006†		11.09		0.34			0.20			0.54			(0.36	)		(0.06	)		(0.42	)		11.21		4.96			3,066		0.20			3.33			0.56			29
Period Ended March 31, 2005†		10.87		0.27			0.29			0.56			(0.30	)		(0.04	)		(0.34	)		11.09		5.18			414		0.17			3.18			1.52			121
Period Ended May 31, 2004		10.71		0.15	(a)		0.14			0.29			(0.13	)		—			(0.13	)		10.87		2.68			30		0.25			2.41			85.33	(c)		138
A Shares
Year Ended March 31, 2008		11.38		0.44			(0.13	)		0.31			(0.41	)		(0.16	)		(0.57	)		11.12		2.75			663		0.49			3.63			0.61			47
Year Ended March 31, 2007		11.21		0.41	(a)		0.32			0.73			(0.45	)		(0.11	)		(0.56	)		11.38		6.64			811		0.50			3.61			0.62			43
Year Ended March 31, 2006†		11.09		0.30			0.20			0.50			(0.32	)		(0.06	)		(0.38	)		11.21		4.63			1,324		0.53			2.85			0.83			29
Period Ended March 31, 2005†		10.86		0.23			0.30			0.53			(0.26	)		(0.04	)		(0.30	)		11.09		4.88			606		0.56			2.50			1.51			121
Period Ended May 31, 2004		10.68		0.12	(a)		0.18			0.30			(0.12	)		—			(0.12	)		10.86		2.82			474		0.57			2.06			4.00			138

See Notes to Financial Highlights and Notes to Financial Statements.

128

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Life Vision Conservative Fund(4)(5)
B Shares
Year Ended March 31, 2008	$	11.38	$	0.38		$	(0.12	)	$	0.26		$	(0.38	)	$	(0.16	)	$	(0.54	)	$	11.10		2.23	%	$	4,903		0.93	%		3.20	%		1.06	%		47	%
Year Ended March 31, 2007		11.22		0.36	(a)		0.31			0.67			(0.40	)		(0.11	)		(0.51	)		11.38		6.12			4,653		0.95			3.23			1.07			43
Year Ended March 31, 2006†		11.09		0.25			0.21			0.46			(0.27	)		(0.06	)		(0.33	)		11.22		4.23			5,189		0.97			2.34			1.19			29
Period Ended March 31, 2005†		10.86		0.19			0.30			0.49			(0.22	)		(0.04	)		(0.26	)		11.09		4.50			5,635		0.96			2.11			1.67			121
Year Ended May 31, 2004		10.43		0.17	(a)		0.39			0.56			(0.13	)		—			(0.13	)		10.86		5.38			5,012		0.95			1.54			1.81			138
Period Ended May 31, 2003		10.00		0.01			0.42			0.43			—			—			—			10.43		4.30			800		0.92			0.85			1.39			160
C Shares
Year Ended March 31, 2008		11.37		0.34			(0.11	)		0.23			(0.35	)		(0.16	)		(0.51	)		11.09		2.03			840		1.18			2.94			1.31			47
Year Ended March 31, 2007		11.20		0.34	(a)		0.31			0.65			(0.37	)		(0.11	)		(0.48	)		11.37		5.91			792		1.20			2.99			1.32			43
Period Ended March 31, 2006†		11.08		0.26			0.20			0.46			(0.28	)		(0.06	)		(0.34	)		11.20		4.22			835		1.03			2.39			1.59			29
Life Vision Growth and Income Fund(4)(5)
I Shares
Year Ended March 31, 2008		12.89		0.28			(0.44	)		(0.16	)		(0.45	)		(0.97	)		(1.42	)		11.31		(2.16	)		69,704		0.17			2.02			0.17			50
Year Ended March 31, 2007		12.43		0.25	(a)		0.82			1.07			(0.35	)		(0.26	)		(0.61	)		12.89		8.73			111,848		0.17			2.00			0.17			45
Year Ended March 31, 2006†		11.41		0.17	(a)		1.08			1.25			(0.23	)		—			(0.23	)		12.43		11.05			97,964		0.19			1.46			0.24			34
Period Ended March 31, 2005†		10.76		0.14			0.69			0.83			(0.18	)		—			(0.18	)		11.41		7.77			87,520		0.22			1.60			0.33			59
Year Ended May 31, 2004		9.33		0.14	(a)		1.43			1.57			(0.14	)		—			(0.14	)		10.76		16.92			75,083		0.25			1.38			0.36			97
Year Ended May 31, 2003		9.98		0.13			(0.65	)		(0.52	)		(0.13	)		—			(0.13	)		9.33		(5.16	)		59,449		0.25			1.46			0.37			139
A Shares
Year Ended March 31, 2008		12.87		0.20			(0.40	)		(0.20	)		(0.42	)		(0.97	)		(1.39	)		11.28		(2.47	)		5,031		0.47			1.62			0.47			50
Year Ended March 31, 2007		12.41		0.21	(a)		0.82			1.03			(0.31	)		(0.26	)		(0.57	)		12.87		8.44			6,778		0.47			1.71			0.47			45
Year Ended March 31, 2006†		11.39		0.15	(a)		1.06			1.21			(0.19	)		—			(0.19	)		12.41		10.73			5,737		0.51			1.24			0.58			34
Period Ended March 31, 2005†		10.75		0.11			0.68			0.79			(0.15	)		—			(0.15	)		11.39		7.37			3,575		0.57			1.33			0.91			59
Period Ended May 31, 2004		10.18		0.06	(a)		0.58			0.64			(0.07	)		—			(0.07	)		10.75		6.32			1,426		0.56			1.04			1.95			97
B Shares
Year Ended March 31, 2008		12.87		0.17			(0.43	)		(0.26	)		(0.37	)		(0.97	)		(1.34	)		11.27		(2.89	)		14,339		0.92			1.35			0.92			50
Year Ended March 31, 2007		12.41		0.16	(a)		0.82			0.98			(0.26	)		(0.26	)		(0.52	)		12.87		7.95			16,966		0.92			1.24			0.92			45
Year Ended March 31, 2006†		11.39		0.08	(a)		1.08			1.16			(0.14	)		—			(0.14	)		12.41		10.21			17,829		0.96			0.71			1.07			34
Period Ended March 31, 2005†		10.74		0.06			0.69			0.75			(0.10	)		—			(0.10	)		11.39		7.00			16,641		1.01			0.83			1.34			59
Year Ended May 31, 2004		9.34		0.07	(a)		1.42			1.49			(0.09	)		—			(0.09	)		10.74		15.99			13,060		1.00			0.63			1.61			97
Period Ended May 31, 2003		8.10		0.02			1.24			1.26			(0.02	)		—			(0.02	)		9.34		15.57			2,017		0.90			0.39			1.34			139
C Shares
Year Ended March 31, 2008		12.83		0.15			(0.44	)		(0.29	)		(0.35	)		(0.97	)		(1.32	)		11.22		(3.14	)		5,584		1.17			1.12			1.17			50
Year Ended March 31, 2007		12.39		0.13	(a)		0.80			0.93			(0.23	)		(0.26	)		(0.49	)		12.83		7.62			5,535		1.17			1.05			1.17			45
Period Ended March 31, 2006†		11.41		0.11	(a)		1.02			1.13			(0.15	)		—			(0.15	)		12.39		9.94			2,820		1.15			0.89			1.20			34

See Notes to Financial Highlights and Notes to Financial Statements.

129

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Life Vision Moderate Growth Fund(4)(5)
I Shares
Year Ended March 31, 2008	$	10.88	$	0.31		$	(0.25	)	$	0.06		$	(0.39	)	$	(0.17	)	$	(0.56	)	$	10.38		0.30	%	$	147,784		0.17	%		2.87	%		0.17	%		40	%
Year Ended March 31, 2007		10.85		0.31	(a)		0.55			0.86			(0.37	)		(0.46	)		(0.83	)		10.88		8.02			193,107		0.16			2.80			0.16			49
Year Ended March 31, 2006†		10.49		0.24	(a)		0.64			0.88			(0.28	)		(0.24	)		(0.52	)		10.85		8.48			158,301		0.18			2.17			0.22			34
Period Ended March 31, 2005†		10.06		0.18			0.52			0.70			(0.22	)		(0.05	)		(0.27	)		10.49		6.98			132,522		0.21			2.10			0.32			83
Year Ended May 31, 2004		9.02		0.16	(a)		1.04			1.20			(0.16	)		—			(0.16	)		10.06		13.35			121,659		0.25			1.65			0.36			109
Year Ended May 31, 2003		9.40		0.16			(0.38	)		(0.22	)		(0.16	)		—			(0.16	)		9.02		(2.21	)		93,722		0.25			1.87			0.36			101
A Shares
Year Ended March 31, 2008		10.88		0.28			(0.25	)		0.03			(0.37	)		(0.17	)		(0.54	)		10.37		(0.02	)		8,632		0.47			2.59			0.48			40
Year Ended March 31, 2007		10.84		0.28	(a)		0.55			0.83			(0.33	)		(0.46	)		(0.79	)		10.88		7.77			11,069		0.46			2.53			0.46			49
Year Ended March 31, 2006†		10.48		0.20	(a)		0.64			0.84			(0.24	)		(0.24	)		(0.48	)		10.84		8.16			5,821		0.47			1.92			0.59			34
Period Ended March 31, 2005†		10.05		0.15			0.52			0.67			(0.19	)		(0.05	)		(0.24	)		10.48		6.74			8,161		0.47			1.91			0.87			83
Period Ended May 31, 2004		9.58		0.10	(a)		0.45			0.55			(0.08	)		—			(0.08	)		10.05		5.79			3,541		0.55			1.49			1.27			109
B Shares
Year Ended March 31, 2008		10.86		0.23			(0.25	)		(0.02	)		(0.33	)		(0.17	)		(0.50	)		10.34		(0.46	)		10,572		0.92			2.13			0.93			40
Year Ended March 31, 2007		10.82		0.22	(a)		0.56			0.78			(0.28	)		(0.46	)		(0.74	)		10.86		7.36			12,723		0.91			2.03			0.91			49
Year Ended March 31, 2006†		10.46		0.16	(a)		0.64			0.80			(0.20	)		(0.24	)		(0.44	)		10.82		7.60			14,073		0.92			1.41			1.06			34
Period Ended March 31, 2005†		10.03		0.11			0.52			0.63			(0.15	)		(0.05	)		(0.20	)		10.46		6.28			14,797		0.92			1.37			1.35			83
Year Ended May 31, 2004		9.00		0.09	(a)		1.04			1.13			(0.10	)		—			(0.10	)		10.03		12.66			13,236		1.00			0.91			1.56			109
Period Ended May 31, 2003		8.05		0.03			0.95			0.98			(0.03	)		—			(0.03	)		9.00		12.22			2,691		0.91			0.93			1.34			101
C Shares
Year Ended March 31, 2008		10.86		0.20			(0.25	)		(0.05	)		(0.30	)		(0.17	)		(0.47	)		10.34		(0.66	)		20,419		1.17			1.87			1.17			40
Year Ended March 31, 2007		10.82		0.23	(a)		0.52			0.75			(0.25	)		(0.46	)		(0.71	)		10.86		7.01			24,424		1.19			2.12			1.19			49
Period Ended March 31, 2006†		10.49		0.15	(a)		0.62			0.77			(0.20	)		(0.24	)		(0.44	)		10.82		7.40			1,674		1.13			1.43			1.19			34
Life Vision Target Date 2015 Fund(4)(5)
I Shares
Year Ended March 31, 2008		11.56		0.23			(0.67	)		(0.44	)		(0.40	)		(0.09	)		(0.49	)		10.63		(4.19	)		3,150		0.18			1.80			0.97			196
Year Ended March 31, 2007		10.86		0.21	(a)		0.77			0.98			(0.26	)		(0.02	)		(0.28	)		11.56		9.18			2,067		0.20			1.87			2.20			67
Period Ended March 31, 2006†		10.00		0.09	(a)		0.90			0.99			(0.13	)		—			(0.13	)		10.86		9.94			270		0.20			1.80			13.92	(c)		25
A Shares
Year Ended March 31, 2008		11.56		0.22			(0.70	)		(0.48	)		(0.38	)		(0.09	)		(0.47	)		10.61		(4.55	)		18		0.48			1.69			1.25			196
Period Ended March 31, 2007		11.42		0.05	(a)		0.11			0.16			(0.02	)		—			(0.02	)		11.56		1.43			2		0.50			1.64			2.36	(c)		67

See Notes to Financial Highlights and Notes to Financial Statements.

130

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
																												Ratio			Net			Average Net
						Net																						of			Investment			Assets
						Realized																						Net			Income			(Excluding
						and									Distributions						Net							Expenses			(Loss)			Waivers,
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Reimbursements
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			and			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Life Vision Target Date 2025 Fund(4)(5)
I Shares
Year Ended March 31, 2008	$	11.93	$	0.15	(a)	$	(0.67	)	$	(0.52	)	$	(0.41	)	$	(0.16	)	$	(0.57	)	$	10.84		(4.81	)%	$	5,770		0.20	%		1.28	%		0.46	%		67	%
Year Ended March 31, 2007		11.11		0.15	(a)		0.91			1.06			(0.23	)		(0.01	)		(0.24	)		11.93		9.64			4,704		0.20			1.28			1.28			48
Period Ended March 31, 2006†		10.00		0.09	(a)		1.14			1.23			(0.12	)		—			(0.12	)		11.11		12.33			1,110		0.20			1.86			11.64	(c)		17
A Shares
Year Ended March 31, 2008		11.93		0.12	(a)		(0.67	)		(0.55	)		(0.39	)		(0.16	)		(0.55	)		10.83		(5.11	)		48		0.50			1.01			0.76			67
Period Ended March 31, 2007		10.82		0.07	(a)		1.23			1.30			(0.18	)		(0.01	)		(0.19	)		11.93		12.01			45		0.50			0.86			2.00			48
Life Vision Target Date 2035 Fund(4)(5)
I Shares
Year Ended March 31, 2008		11.64		0.16	(a)		(0.66	)		(0.50	)		(0.33	)		(0.16	)		(0.49	)		10.65		(4.70	)		2,908		0.18			1.32			0.99			53
Year Ended March 31, 2007		10.89		0.12	(a)		0.90			1.02			(0.22	)		(0.05	)		(0.27	)		11.64		9.41			1,318		0.20			1.05			2.45			50
Period Ended March 31, 2006†		10.00		0.07	(a)		0.94			1.01			(0.12	)		—			(0.12	)		10.89		10.14			590		0.20			1.41			10.98	(c)		40
A Shares
Year Ended March 31, 2008		11.64		0.18	(a)		(0.71	)		(0.53	)		(0.31	)		(0.16	)		(0.47	)		10.64		(5.00	)		20		0.47			1.51			1.20			53
Period Ended March 31, 2007		11.07		0.08	(a)		0.73			0.81			(0.19	)		(0.05	)		(0.24	)		11.64		7.39			4		0.50			0.77			4.75			50

See Notes to Financial Highlights and Notes to Financial Statements.

131

NOTES TO FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS March 31, 2008


(1)		Total return excludes sales charge. Not annualized for periods less than one year.

(2)		Annualized for periods less than one year.

(3)		Not annualized for periods less than a year.

(4)		The following table details the commencement of operations of certain classes of each respective fund.


Fund	Class	Commencement Date
Aggressive Growth Stock Fund	I Shares	February 23, 2004
Aggressive Growth Stock Fund	A Shares	February 23, 2004
Aggressive Growth Stock Fund	C Shares	February 23, 2004
Emerging Growth Stock Fund	I Shares	February 23, 2004
Emerging Growth Stock Fund	A Shares	February 23, 2004
Emerging Growth Stock Fund	C Shares	February 27, 2004
International Equity 130/30 Fund	I Shares	December 27, 2007
Large Cap Quantitative Equity Fund	I Shares	August 7, 2003
Large Cap Quantitative Equity Fund	A Shares	October 8, 2003
Large Cap Quantitative Equity Fund	C Shares	October 13, 2003
Mid-Cap Value Equity Fund	A Shares	October 27, 2003
Real Estate 130/30 Fund	I Shares	December 27, 2007
Select Large Cap Growth Stock Fund	A Shares	October 14, 2003
Small Cap Value Equity Fund	A Shares	October 9, 2003
U.S. Equity 130/30 Fund	I Shares	December 27, 2007
Life Vision Aggressive Growth Fund	A Shares	October 16, 2003
Life Vision Aggressive Growth Fund	B Shares	March 11, 2003
Life Vision Aggressive Growth Fund	C Shares	April 4, 2005
Life Vision Conservative Fund	I Shares	November 6, 2003
Life Vision Conservative Fund	A Shares	November 11, 2003
Life Vision Conservative Fund	B Shares	March 11, 2003
Life Vision Conservative Fund	C Shares	April 4, 2005
Life Vision Growth and Income Fund	A Shares	November 5, 2003
Life Vision Growth and Income Fund	B Shares	March 11, 2003
Life Vision Growth and Income Fund	C Shares	April 5, 2005
Life Vision Moderate Growth Fund	A Shares	October 10, 2003
Life Vision Moderate Growth Fund	B Shares	March 11, 2003
Life Vision Moderate Growth Fund	C Shares	April 5, 2005
Life Vision Target Date 2015 Fund	I Shares	October 12, 2005
Life Vision Target Date 2015 Fund	A Shares	January 4, 2007
Life Vision Target Date 2025 Fund	I Shares	October 21, 2005
Life Vision Target Date 2025 Fund	A Shares	July 11, 2006
Life Vision Target Date 2035 Fund	I Shares	November 2, 2005
Life Vision Target Date 2035 Fund	A Shares	May 3, 2006


(5)		The Life Vision Funds and its shareholders indirectly bear a pro rata share of the expenses of the underlying funds. The expense ratios do not include such expenses.

(6)		The 130/30 Funds’ net expense ratio excludes dividend expense on securities sold short and the gross expense ratio includes dividend expense on securities sold short of 1.74%, 1.03% and 0.66% for the International Equity 130/30 Fund, Real Estate 130/30 Fund and U.S. Equity 130/30 Fund, respectively.

(a)		Per share data calculated using average shares outstanding method.

(b)		The Large Cap Core Equity Fund, Large Cap Quantitative Equity Fund, Mid-Cap Value Equity Fund and Small Cap Growth Stock Fund include per share distributions from tax return of capital of $—, $—, $(0.05) and $(0.11), respectively.

(c)		Ratio reflects the impact of the initial low level of average net assets associated with commencement of operations.

*		Includes redemption fees of $0.01.

**		Includes return of capital of $0.03.

#		The Fund had a voluntary reimbursement by the Investment Adviser and affiliates that had no effect on total returns for the period.

##		The Fund’s total return includes the effect of an asset valuation adjustment as of March 31, 2006. Excluding this effect, total return would have been 27.08% and 26.21% for the A Shares and C Shares respectively. There was no effect to the total return in I Shares.

†		Net Investment Income (Loss), Net Realized and Unrealized Gains (Losses) on Investments and the Ratio of Net Investment Income (Loss) to Average Net Assets have been adjusted due to the reclassification of short-term gains from Net Investment Income to Net Realized and Unrealized Gains (Losses) on Investments.

Amounts designated as “—” are $0 or have been rounded to $0.

132

NOTES TO FINANCIAL STATEMENTS

RIDGEWORTH FUNDS March 31, 2008


1.	Organization

The RidgeWorth Funds (the STI Classic Funds changed its name to RidgeWorth Funds effective March 31, 2008) was organized as a Massachusetts business trust under a Declaration of Trust dated January 15, 1992. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company offering 52 funds as of March 31, 2008. 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, Emerging Growth Stock Fund, International Equity 130/30 Fund, International Equity Fund, International Equity Index Fund, Large Cap Core Equity Fund (formerly Large Cap Relative Value Fund), Large Cap Growth Stock Fund (formerly Capital Appreciation Fund), Large Cap Quantitative Equity Fund, Large Cap Value Equity Fund, Mid-Cap Core Equity Fund (formerly the Mid-Cap Equity Fund), Mid-Cap Value Equity Fund, Real Estate 130/30 Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund, Small Cap Value Equity Fund, U.S. Equity 130/30 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 (each a “Fund” and collectively the “Funds”). The financial statements of the remaining funds are presented separately. The Funds may offer the following share classes: I Shares, A Shares and C Shares. In addition, the Life Vision Aggressive Growth Fund, Life Vision Conservative Fund, Life Vision Growth and Income Fund and Life Vision Moderate Growth Fund may offer B Shares. The Funds’ prospectuses provide a description of each Fund’s investment objectives, policies and strategies.

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 Plans, voting rights on matters affecting a single class of shares and sales charges. The A Shares of the Funds (except Life Vision Conservative Fund) have a maximum sales charge on purchases of 5.75% as a percentage of original purchase price. Life Vision Conservative Fund 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 1.00% if redeemed within one year of purchase. 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 the redemption request, whichever is less, if redeemed within one year of purchase. The B Shares will not be subject to a sales charge but will be subject to the maximum applicable CDSC, ranging from 5.00% to 1.00%, as a percentage of original purchase price if redeemed within five years of purchase.

Effective August 1, 2005, investors are not permitted to make new purchases of Class B Shares, except through dividend or distribution reinvestments in Class B Shares and exchanges of Class B Shares of a Fund for Class B Shares of another Fund.

Effective April 30, 2004, the Small Cap Value Equity Fund was closed to new investors.


2.	Reorganization

Life Vision Moderate Growth Fund — The Trust entered into a plan of reorganization on the behalf of the Balanced Fund and the Life Vision Moderate Growth Fund that provided for (i) the acquisition by the Life Vision Moderate Growth Fund of all of the net assets of the Balanced Fund in exchange for I Shares,

133

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

A Shares, and C Shares of the Life Vision Moderate Growth Fund, (ii) the distribution of such shares to the shareholders of the Balanced Fund and (iii) the dissolution of the Balanced Fund. The reorganization was approved by the Board of Trustees (the “Board”) on November 14, 2006 and was completed on February 28, 2007. The following is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:


	Before Reorganization				After Reorganization
			Life Vision		Life Vision
			Moderate		Moderate
	Balanced Fund		Growth Fund		Growth Fund

Shares		6,599,362		16,050,580		21,610,264
Net Assets	$	60,087,436	$	173,582,176	$	233,669,612
Net Asset Value:
I Shares	$	9.14	$	10.81	$	10.81
A Shares	$	9.20	$	10.81	$	10.81
C Shares	$	9.04	$	10.80	$	10.80

3. Significant Accounting Policies

Securities for which market prices are not “readily available” are valued in accordance with Pricing and Valuation Procedures established by the Board. The Funds’ Pricing and Valuation Procedures will be performed and monitored by a Valuation Committee (the “Committee”) designated by the Board. Some of the more common reasons that may necessitate a security be valued using 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 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.

134

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

net asset value. The closing prices of such securities may no longer reflect their market value at the time the Fund calculates net asset value if an event that could materially affect the value of those securities (a “Significant Event”) has occurred between the time of the security’s last close and the time that the Fund calculates net asset value. A Significant Event may relate to a single issuer or to an entire market sector. If the investment adviser or subadviser of a Fund becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Fund calculates net asset value, it shall immediately notify the Fund’s accounting agent and may preauthorize the Fund’s accounting agent to utilize a pricing service authorized by the Board (a “Fair Value Pricing Service”) that has been designed to determine a fair value. On a day when a Fair Value Pricing Service is so utilized pursuant to a preauthorization, the Committee need not meet. If the investment adviser or subadviser does not pre-authorize the Fund’s accounting agent to utilize a Fair Value Pricing Service, the investment adviser or subadviser will request that a Committee Meeting be called. In addition, the Funds’ accounting agent monitors price movements among certain selected indices, securities and/or groups of securities that may be an indicator that the closing prices received earlier from foreign exchanges or markets may not reflect market value at the time the Fund calculates net asset value. If price movements in a monitored index or security exceed levels established by the Funds (“Trigger Points”), the Funds may use a systematic valuation model provided by a Fair Value Pricing Service to fair value their international equity securities.

The assets of 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 (the “Life Vision Funds”) consist of investments in underlying investment companies (some of which are affiliated), which are valued at their respective daily net asset values. Recognition of net investment income by the Life Vision Funds is affected by the timing of the declaration of dividends by the underlying securities in which the Life Vision Funds invest. Also, in addition to the Life Vision Funds’ direct expenses, shareholders bear a proportionate share of the underlying funds’ expenses.

Security Transactions and Investment Income — During the period, security transactions are accounted for no later than one business day following the trade date. For financial reporting purposes, however, security transactions are accounted for on trade date on the last business day of the reporting period. Interest income is recognized on an accrual basis and includes amortization or accretion of a premium or discount. Costs used in determining net realized gains and losses on the sales of investment securities are those of the specific securities sold, adjusted for the accretion or amortization of purchase discounts or premiums during the respective holding period. Dividend income is recorded on the ex-dividend date.

Foreign Currency Translation — The books and records of the Funds are maintained in U.S. dollars. Foreign currency amounts are translated into U.S. dollars on the following basis: (i) market value of investment securities, other assets and liabilities at the current rate of exchange; and (ii) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions. The Funds do not isolate the portion of operations resulting from changes in foreign exchange rates on investments from fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss from investments and foreign currency contracts.

Forward Foreign Currency Contracts — Each Fund may enter into forward foreign currency contracts as hedges against either specific transactions, fund positions or anticipated fund positions. All commitments are “marked-to-market” daily at the applicable foreign exchange rate and any resulting unrealized gains or losses are recorded currently. The Funds realize gains and losses at the time forward contracts are extinguished. Unrealized gains or losses on outstanding positions in forward foreign currency contracts held at the close of the fiscal year are recognized as ordinary income or

135

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RIDGEWORTH FUNDS March 31, 2008

loss for Federal income tax purposes. The Funds could be exposed to risk if a counterparty is unable to meet the terms of a forward foreign currency contract or if the value of the foreign currency changes unfavorably. As of March 31, 2008, none of the Funds had outstanding forward foreign currency contracts.

Securities Lending — Each Fund (except the Life Vision Funds) may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust’s 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 will 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 102% (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, during the course of the day, 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 the 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. Cash collateral received in connection with securities lending is invested in the Credit Suisse Enhanced Liquidity Fund (the “Portfolio”). This investment may consist of money market mutual funds registered under the 1940 Act and money market instruments including commercial paper, repurchase agreements, U.S. Treasury Bills and U.S. Agency Obligations. At March 31, 2008, the Portfolio was invested in asset backed securities, commercial paper, corporate bonds, money market mutual funds and repurchase agreements (with interest rates ranging from 2.250% to 4.655% and maturity dates ranging from 04/01/2008 to 03/12/2010.

The Funds paid securities lending fees during the period ended March 31, 2008, which have been netted against Income from Securities Lending on the Statements of Operations. These fees are presented below (in thousands):


	Fees($)

Aggressive Growth Stock Fund		75
Emerging Growth Stock Fund		46
International Equity Fund		315
International Equity Index Fund		368
Large Cap Core Equity Fund		144
Large Cap Growth Stock Fund		120
Large Cap Value Equity Fund		134
Mid-Cap Core Equity Fund		46
Mid-Cap Value Equity Fund		55
Select Large Cap Growth Stock Fund		11
Small Cap Growth Stock Fund		262
Small Cap Value Equity Fund		158

136

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Short Sales — The International Equity 130/30 Fund, Real Estate 130/30 Fund and U.S. Equity 130/30 Fund each engage in short sales (selling securities it does not own) as a part of its normal investment activities. Dividends declared on short positions existing on the record date are recorded on the ex-dividend date as an expense on the Statement of Operations. Liabilities for securities sold short are reported at market value in the financial statements. Fluctuations in the value of this liability are recorded as unrealized gains or losses on the Statement of Operations. Short sale transactions result in off-balance sheet risk because the ultimate obligation may exceed the amount shown in the accompanying statement of assets and liabilities. The Fund will incur a loss if the price of the security increases between the date of the short sale and the date on which the Fund replaces the borrowed security. The Fund will realize a gain if the price of the security declines between those dates. Short selling involves the risk of potentially unlimited increase in the market value of the security sold short, which could result in potentially unlimited loss for the Fund.

Compensating Balances — If a Fund has a cash overdraft in excess of $100,000 it is required to deposit an amount equal to 110% of the overdraft in a compensating balance account with its custodian, SunTrust Bank, a wholly owned subsidiary of SunTrust Banks, Inc., on the following business day. If a Fund has a positive cash balance in excess of $100,000 it is allowed to overdraw an amount equal to 90% of the balance from SunTrust Bank on the following business day. All such deposits to, and overdrafts from, the compensating balance account are non-interest bearing and are for a duration of one business day. The International Equity 130/30 Fund, International Equity Fund, International Equity Index Fund, Real Estate 130/30 Fund and U.S. Equity 130/30 Fund do not have a compensating balance arrangement with their custodian, Brown Brothers Harriman & Co.

Classes — Income, non-class specific expenses and realized/unrealized gains and losses are allocated to the respective classes within a Fund on the basis of the relative daily net assets.

Dividends and Distributions to Shareholders — Dividends and distributions to shareholders are recorded on the ex-dividend date. Dividends from net investment income, if any, are declared and paid each calendar quarter by the Funds, except for the International Equity 130/30 Fund, International Equity Fund, International Equity Index Fund, Real Estate 130/30 Fund and U.S. Equity 130/30 Fund, which distribute income annually. Any net realized capital gains on sales of securities are distributed to shareholders at least annually. However, to the extent that net realized capital gains can be offset by capital loss carryovers, such gains will not be distributed.

Redemption Fees — Prior to November 20, 2006 for all Funds other that the International Equity and International Equity Index Funds, and prior to August 1, 2007 for the International Equity and

137

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

International Equity Index Funds, a redemption fee of 2% of the value of the shares sold was imposed on shares redeemed within seven days of purchase (60 days or less for the International Equity and International Equity Index Funds) unless the redemption was excluded under the Funds’ Redemption Fee Policy. On November 20, 2006, the Redemption Fee Policy was removed from all Funds except for the International Equity and International Equity Index Funds. On August 1, 2007, the Redemption Fee Policy was removed from the International Equity and International Equity Index Funds. For financial statement purposes, these amounts are recorded as an addition to paid-in capital and are included in the Statements of Changes in Net Assets within “Change in Net Assets from Capital Transactions”. Fees for the Funds during the years ended March 31, 2008 and March 31, 2007 were as follows:


	Year Ended		Year Ended
	03/31/08($)		3/31/07($)

Aggressive Growth Stock Fund		—		266
Emerging Growth Stock Fund		—		1
International Equity Fund		3,035		26,327
International Equity Index Fund		1,463		50,088
Large Cap Core Equity Fund		—		3,599
Large Cap Growth Stock Fund		—		953
Large Cap Quantitative Equity Fund		—		105
Large Cap Value Equity Fund		—		6
Mid-Cap Core Equity Fund		—		2,007
Mid-Cap Value Equity Fund		—		1,118
Select Large Cap Growth Stock Fund		—		6
Small Cap Growth Stock Fund		—		23,750
Small Cap Value Equity Fund		—		462
Life Vision Conservative Fund		—		55
Life Vision Growth and Income Fund		—		276

Amounts designated as “‘—” are $0.

New Accounting Pronouncements — In September 2006, the Financial Accounting Standards Board (FASB) issued Statement on Financial Accounting Standards (SFAS) No. 157 (“SFAS No. 157”), “Fair Value Measurements.” This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. SFAS No. 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The changes to GAAP from the application of this Statement relate to the definition of fair value, the methods used to measure fair value and expanded disclosures about fair value measurements. As of March 31, 2008, the Funds do not believe the adoption of SFAS No. 157 will impact the financial statement amounts; however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period.

138

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

the affirmative evaluation of tax positions taken or expected to be taken in the course of preparing the Funds’ tax returns to determine whether it is more-likely-than-not (i.e., greater than 50-percent) that each tax position will be sustained upon examination by a taxing authority based on the technical merits of the position. A tax position that meets the more likely-than-not recognition threshold is measured to determine the amount of benefit to recognize in the financial statements. Differences between tax positions taken in a tax return and amounts recognized in the financial statements will generally result in an increase in a liability for taxes payable (or a reduction of a tax refund receivable), including the recognition of any related interest and penalties as an operating expense. Implementation of FIN 48 included a review of tax positions taken in tax years that remain subject to examination by tax authorities. The Funds are subject to federal and various state jurisdictions for income tax purposes. While the statute of limitations remains open to examine the Funds’ U.S. tax returns filed for the past four fiscal years, no examinations are in progress or anticipated at this time. The adoption of FIN 48 did not impact the Trust’s net assets or results of operations.

The amounts of dividends from net investment income and of distributions from net realized gains are determined in accordance with federal income tax regulations, which may differ from GAAP. 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 federal tax-basis treatment; temporary differences do not require reclassification.


4.	Agreements and Other Transactions with Affiliates

139

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


	Maximum		Discounted					Net
	Annual		Annual		Advisory Fees			Annual
	Advisory		Advisory		Waived or			Fees
	Fee(%)		Fee(%)		Reimbursed(%)			Paid(%)

Aggressive Growth Stock Fund*		1.10		1.10		—			1.10
Emerging Growth Stock Fund*		1.10		1.10		—			1.10
International Equity 130/30 Fund		1.25		1.25		(4.13	)		—
International Equity Fund		1.15		1.11		—			1.11
International Equity Index Fund		0.50		0.49		—			0.49
Large Cap Core Fund		0.85		0.81		—			0.81
Large Cap Growth Stock Fund		0.97		0.95		—			0.95
Large Cap Quantitative Equity Fund		0.85		0.85		—			0.85
Large Cap Value Equity Fund		0.80		0.78		—			0.78
Mid-Cap Core Equity Fund		1.00		1.00		—			1.00
Mid-Cap Value Equity Fund		1.00		1.00		—			1.00
Real Estate 130/30 Fund		1.25		1.25		(0.87	)		0.38
Select Large Cap Growth Stock Fund		0.85		0.85		—			0.85
Small Cap Growth Stock Fund		1.15		1.14		—			1.14
Small Cap Value Equity Fund		1.15		1.14		—			1.14
U.S. Equity 130/30 Fund		1.10		1.10		(1.60	)		—
Life Vision Aggressive Growth Fund		0.10		0.10		(0.01	)		0.09
Life Vision Conservative Fund		0.10		0.10		(0.10	)		—
Life Vision Growth and Income Fund		0.10		0.10		—			0.10
Life Vision Moderate Growth Fund		0.10		0.10		—			0.10
Life Vision Target Date 2015 Fund		0.10		0.10		(0.74	)		—
Life Vision Target Date 2025 Fund		0.10		0.10		(0.25	)		—
Life Vision Target Date 2035 Fund		0.10		0.10		(0.79	)		—


	*	Aggregate annual fees paid to the Investment Adviser, who pays Zevenbergen Capital Investments LLC a portion of the fees to serve as the Fund’s Sub-Adviser.

Amounts designated as “—” are $0 or have been rounded to $0.

140

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

The Investment Adviser and the applicable subadviser have contractually agreed, until at least August 1, 2008 to waive fees and/or reimburse each Fund to the extent necessary to maintain each Fund’s Total Operating Expense (excluding taxes, brokerage commissions, substitute dividend expenses on securities sold short, 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:


		Total
		Operating
		Expense(%)

International Equity 130/30 Fund	I Shares		1.55
Real Estate 130/30 Fund	I Shares		1.45
Select Large Cap Growth Stock Fund	I Shares		0.95
Select Large Cap Growth Stock Fund	A Shares		1.25
Select Large Cap Growth Stock Fund	C Shares		1.95
U.S. Equity 130/30 Fund	I Shares		1.30
Life Vision Aggressive Growth Fund	I Shares		0.20
Life Vision Aggressive Growth Fund	A Shares		0.50
Life Vision Aggressive Growth Fund	B Shares		0.95
Life Vision Aggressive Growth Fund	C Shares		1.20
Life Vision Conservative Fund	I Shares		0.20
Life Vision Conservative Fund	A Shares		0.50
Life Vision Conservative Fund	B Shares		0.95
Life Vision Conservative Fund	C Shares		1.20
Life Vision Growth and Income Fund	I Shares		0.20
Life Vision Growth and Income Fund	A Shares		0.50
Life Vision Growth and Income Fund	B Shares		0.95
Life Vision Growth and Income Fund	C Shares		1.20
Life Vision Moderate Growth Fund	I Shares		0.20
Life Vision Moderate Growth Fund	A Shares		0.50
Life Vision Moderate Growth Fund	B Shares		0.95
Life Vision Moderate Growth Fund	C Shares		1.20
Life Vision Target Date 2015 Fund	I Shares		0.20
Life Vision Target Date 2015 Fund	A Shares		0.50
Life Vision Target Date 2025 Fund	I Shares		0.20
Life Vision Target Date 2025 Fund	A Shares		0.50
Life Vision Target Date 2035 Fund	I Shares		0.20
Life Vision Target Date 2035 Fund	A Shares		0.50

141

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Under the Expense Limitation Agreements, the Investment Adviser may retain the difference between the Total Operating Expense identified above and the actual total expense to recapture any of its prior contractual waivers or reimbursements at a date not to exceed three years from the date of the corresponding Expense Limitation Agreement. 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 Total Operating Expense in place at that time. During the year ended March 31, 2008, the Investment Adviser did not recapture any of its prior contractual waivers or reimbursements. The Investment Adviser does not intend to recapture such amounts. As of March 31, 2008, the cumulative potential reimbursement based on reimbursements within three years from the date of the corresponding Expense Limitation Agreement after reduced by amounts forfeited during the current fiscal year are as follows (in thousands):


	Amount($)

International Equity 130/30 Fund		48
Real Estate 130/30 Fund		11
U.S. Equity 130/30 Fund		19
Life Vision Conservative Fund		40
Life Vision Target Date 2015 Fund		53
Life Vision Target Date 2025 Fund		47
Life Vision Target Date 2035 Fund		50

During the year ended March 31, 2008, 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.

Administration, Fund Accounting and Transfer Agency Agreement — The Trust has entered into a Master Services Agreement with Citi Fund Services Ohio, Inc. (formerly BISYS Fund Services Ohio, Inc) (the “Administrator”), under which the Administrator provides administrative, fund accounting, transfer agent and shareholder services for an annual fee, calculated and paid monthly, (expressed as a percentage of the combined average daily net assets of the RidgeWorth Complex) of: 0.0275% up to $25 billion, 0.0225% on the next $5 billion and 0.0175% for over $30 billion plus an additional class fee of $2,798 per class annually, applicable to each additional class of shares over 145 classes of shares.

The Master Services Agreement provides for the Administrator to pay certain insurance premiums for the RidgeWorth Complex, including $300,000 towards the premium for Directors and Officers Liability/Errors and Omissions insurance coverage, and $25,000 towards the premium for Fidelity Bond coverage. The Administrator has also agreed, under the terms of the Master Services Agreement, to pay certain legal expenses for the benefit of the RidgeWorth Complex relating to administrative service matters. The Master Services Agreement further provides for the Administrator to waive a portion of its fees for the benefit of shareholders. Such payments and fee waivers are expected to total approximately $400,000 to $650,000 annually, and will not be recouped by the Administrator in subsequent years.

142

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Distribution Agreement — The Trust and Foreside Distribution Services, L.P. (the “Distributor”) are parties to a Distribution Agreement. Prior to August 1, 2007, BISYS Fund Services Limited Partnership (“BISYS”) was the distributor for the Funds under a distribution agreement between BISYS and the Investment Adviser. The Distributor receives $37,500 annually for its services. In addition, with respect to the A Shares, B 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. These fees, expressed as a percentage of average daily net assets, for the period ended March 31, 2008 were as follows:


	Board		Board		Board
	Approved		Approved		Approved
	and Charged		and Charged		and Charged
	A Share		B Share		C Share
	Distribution		Distribution		Distribution
	and Service		and Service		and Service
	Fee(%)		Fee(%)		Fee(%)

Aggressive Growth Stock Fund		0.30		N/A		1.00
Emerging Growth Stock Fund		0.30		N/A		1.00
International Equity 130/30 Fund		0.30		N/A		1.00
International Equity Fund		0.30		N/A		1.00
International Equity Index Fund		0.30		N/A		1.00
Large Cap Core Equity Fund		0.25		N/A		1.00
Large Cap Growth Stock Fund		0.30		N/A		1.00
Large Cap Quantitative Equity Fund		0.25		N/A		1.00
Large Cap Value Equity Fund		0.30		N/A		1.00
Mid-Cap Core Equity Fund		0.30		N/A		1.00
Mid-Cap Value Equity Fund		0.30		N/A		1.00
Real Estate 130/30 Fund		0.30		N/A		1.00
Select Large Cap Growth Stock Fund		0.30		N/A		1.00
Small Cap Growth Stock Fund		0.30		N/A		1.00
Small Cap Value Equity Fund		0.25		N/A		0.25
U.S. Equity 130/30 Fund		0.30		N/A		1.00
Life Vision Aggressive Growth Fund		0.30		0.75		1.00
Life Vision Conservative Fund		0.30		0.75		1.00
Life Vision Growth and Income Fund		0.30		0.75		1.00
Life Vision Moderate Growth Fund		0.30		0.75		1.00
Life Vision Target Date 2015 Fund		0.30		N/A		N/A
Life Vision Target Date 2025 Fund		0.30		N/A		N/A
Life Vision Target Date 2035 Fund		0.30		N/A		N/A

Custodian Agreements — SunTrust Bank acts as custodian for the Funds, except for the International Equity 130/30 Fund, International Equity Fund, International Equity Index Fund, Real Estate 130/30 Fund and U.S. Equity 130/30 Fund, which have appointed Brown Brothers Harriman & Co. as custodian. The Funds pay custody fees on the basis of their respective net assets and transaction costs.

143

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


	Chairman($)		Trustee($)

Annual Retainer		75,000		60,000
Regular Meeting Fee		8,750		7,000
Special Meeting Fee		4,375		3,500
Committee Meeting Fee		4,500		3,000

Prior to November 13, 2007, the retainer and meeting fees were as follows:


	Chairman($)		Trustee($)

Annual Retainer		55,000		44,000
Regular Meeting Fee		10,000		8,000
Special Meeting Fee		5,000		4,000
Committee Meeting Fee		4,500		3,000

The Trust approved a deferred compensation plan for its trustees, effective January 1, 2007. Under that plan, a trustee may elect to defer all or a portion of his or her compensation. Amounts deferred are retained by the Trust, and the value of such deferred amounts is determined by reference to the change in value of Class I Shares of one or more series of the RidgeWorth Funds as specified by the trustee. Benefits under the deferred compensation plan are payable upon retirement. As of March 31, 2008, under the deferred compensation plan, the trust had a deferred liability of approximately $147,654. On May 20, 2008, the Board approved the termination of the deferred compensation plan.

The Trust has entered into an agreement with SunTrust Robinson Humphrey, Inc., which is a registered broker-dealer and a direct non-bank subsidiary of SunTrust Banks, Inc., to act as an agent in placing repurchase agreements for the Trust. For the period ended March 31, 2008, SunTrust Robinson Humphrey, Inc. did not receive any payments from the Funds.

144

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


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 March 31, 2008 were as follows (in thousands):


			Sales and
	Purchases($)		Maturities($)

Aggressive Growth Stock Fund		200,947		211,655
Emerging Growth Stock Fund		158,675		148,114
International Equity 130/30 Fund		10,536		5,541
International Equity Fund		1,673,017		1,680,289
International Equity Index Fund		179,289		128,048
Large Cap Core Equity Fund		1,233,936		1,435,063
Large Cap Growth Stock Fund		936,173		1,489,923
Large Cap Quantitative Equity Fund		1,110,131		1,167,406
Large Cap Value Equity Fund		1,273,474		1,210,177
Mid-Cap Core Equity Fund		168,418		297,085
Mid-Cap Value Equity Fund		649,530		638,518
Real Estate 130/30 Fund		8,188		3,159
Select Large Cap Growth Stock Fund		78,317		90,860
Small Cap Growth Stock Fund		849,224		1,203,490
Small Cap Value Equity Fund		468,709		629,847
U.S. Equity 130/30 Fund		9,061		4,061
Life Vision Aggressive Growth Fund		22,012		43,952
Life Vision Conservative Fund		6,788		4,762
Life Vision Growth and Income Fund		56,821		94,812
Life Vision Moderate Growth Fund		83,689		127,472
Life Vision Target Date 2015 Fund		6,779		5,294
Life Vision Target Date 2025 Fund		5,472		3,673
Life Vision Target Date 2035 Fund		3,020		1,089

145

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

6. Federal Tax Information

At March 31, 2008, the total cost of securities and the net realized gains or losses on securities sold for federal income tax purposes were different from amounts reported for financial reporting purposes. These differences were generally due to losses on wash sales, which cannot be used for Federal income tax purposes in the current year and have been deferred for use in future years. The Federal tax cost and aggregate gross unrealized appreciation and depreciation for securities held by the Funds at March 31, 2008 were as follows (in thousands):


								Net Tax Unrealized
			Tax Unrealized		Tax Unrealized			Appreciation/
	Tax Cost($)		Appreciation($)		(Depreciation)($)			(Depreciation)($)


Aggressive Growth Stock Fund		363,047		61,428		(39,825	)		21,603
Emerging Growth Stock Fund		162,715		13,435		(17,807	)		(4,372	)
International Equity 130/30 Fund		3,525		141		(406	)		(265	)
International Equity Fund		1,077,603		139,620		(42,517	)		97,103
International Equity Index Fund		812,744		309,056		(29,075	)		279,981
Large Cap Core Equity Fund		1,401,035		200,908		(73,952	)		126,956
Large Cap Growth Stock Fund		856,643		90,979		(23,575	)		67,404
Large Cap Quantitative Equity Fund		242,624		6,802		(10,790	)		(3,988	)
Large Cap Value Equity Fund		1,169,229		72,077		(84,394	)		(12,317	)
Mid-Cap Core Equity Fund		274,491		28,096		(11,353	)		16,743
Mid-Cap Value Equity Fund		362,596		202		(25,124	)		(24,922	)
Real Estate 130/30 Fund		5,081		343		(279	)		64
Select Large Cap Growth Stock Fund		146,978		15,660		(5,079	)		10,581
Small Cap Growth Stock Fund		733,901		68,751		(38,736	)		30,015
Small Cap Value Equity Fund		728,376		44,507		(79,045	)		(34,538	)
U.S. Equity 130/30 Fund		4,830		79		(534	)		(455	)
Life Vision Aggressive Growth Fund		35,868		2,830		(848	)		1,982
Life Vision Conservative Fund		11,562		81		(85	)		(4	)
Life Vision Growth and Income Fund		90,266		5,878		(1,524	)		4,354
Life Vision Moderate Growth Fund		184,680		5,182		(2,664	)		2,518
Life Vision Target Date 2015 Fund		3,526		—		(358	)		(358	)
Life Vision Target Date 2025 Fund		6,528		—		(709	)		(709	)
Life Vision Target Date 2035 Fund		3,240		—		(310	)		(310	)

Amounts designated as “—” are $0 or have been rounded to $0.

146

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

The tax character of distributions paid to shareholders during the year ended March 31, 2008 was as follows (in thousands):


	Distributions Paid From
	Net	Net Long				Total
	Investment	Term Capital		Return of		Distributions
	Income($)	Gains($)		Capital		Paid($)*

Aggressive Growth Stock Fund	—		10,377		—		10,377
Emerging Growth Stock Fund	7,505		4,949		—		12,454
International Equity Fund	47,522		140,332		—		187,854
International Equity Index Fund	27,328		—		—		27,328
Large Cap Core Equity Fund	41,636		126,741		33		168,410
Large Cap Growth Stock Fund	17,744		171,758		—		189,502
Large Cap Quantitative Equity Fund	25,830		5,909		11		31,750
Large Cap Value Equity Fund	85,646		48,500		—		134,146
Mid-Cap Core Equity Fund	10,768		16,027		—		26,795
Mid-Cap Value Equity Fund	48,631		6,221		1,171		56,023
Real Estate 130/30 Fund	34		—		—		34
Select Large Cap Growth Stock Fund	93		—		—		93
Small Cap Growth Stock Fund	52,514		135,932		3,145		191,591
Small Cap Value Equity Fund	43,916		122,055		—		165,971
U.S. Equity 130/30 Fund	6		—		—		6
Life Vision Aggressive Growth Fund	2,669		5,163		—		7,832
Life Vision Conservative Fund	418		102		—		520
Life Vision Growth and Income Fund	5,334		6,199		—		11,533
Life Vision Moderate Growth Fund	9,354		1,367		—		10,721
Life Vision Target Date 2015 Fund	98		22		—		120
Life Vision Target Date 2025 Fund	208		66		—		274
Life Vision Target Date 2035 Fund	61		29		—		90


*	Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid.

Amounts designated as “—” are $0 or have been rounded to $0.

147

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

The tax character of distributions paid to shareholders during the period ended March 31, 2007 was as follows (in thousands):


	Distributions Paid From
	Net		Net Long		Total
	Investment		Term Capital		Distributions
	Income($)		Gains($)		Paid($)*

International Equity Fund		18,678		153		18,831
International Equity Index Fund		18,293		—		18,293
Large Cap Core Equity Fund		53,247		83,793		137,040
Large Cap Growth Stock Fund		20,866		39,738		60,604
Large Cap Quantitative Equity Fund		3,062		7,799		10,861
Large Cap Value Equity Fund		14,207		35,813		50,020
Mid-Cap Core Equity Fund		1,714		26,299		28,013
Mid-Cap Value Equity Fund		30,066		14,308		44,374
Select Large Cap Growth Stock Fund		168		—		168
Small Cap Growth Stock Fund		15,457		52,014		67,471
Small Cap Value Equity Fund		46,044		130,494		176,538
Life Vision Aggressive Growth Fund		1,323		1,067		2,390
Life Vision Conservative Fund		378		68		446
Life Vision Growth and Income Fund		3,732		2,608		6,340
Life Vision Moderate Growth Fund		7,147		6,638		13,785
Life Vision Target Date 2015 Fund		30		2		32
Life Vision Target Date 2025 Fund		50		1		51
Life Vision Target Date 2035 Fund		22		4		26


*	Total distributions paid differ from the Statement of Changes in Net Assets because, for tax purposes, dividends are recognized when actually paid.

Amounts designated as “—” are $0 or have been rounded to $0.

148

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

As of March 31, 2008 the components of accumulated earnings (deficit) on a tax basis were as follows (in thousands):


													Total
	Undistributed						Accumulated			Unrealized			Accumulated
	Ordinary		Long Term		Accumulated		Capital and			Appreciation/			Earnings
	Income($)		Capital Gains($)		Earnings($)		Other Losses($)*			(Depreciation)($)**			(Deficit)($)

Aggressive Growth Stock Fund		—		4,919		4,919		(2,232	)		21,603			24,290
Emerging Growth Stock Fund		1,204		1,818		3,022		—			(4,372	)		(1,350	)
International Equity 130/30 Fund		—		—		—		(386	)		(265	)		(651	)
International Equity Fund		1,077		14,300		15,377		—			97,209			112,586
International Equity Index Fund		6,948		—		6,948		(19,211	)		279,997			267,734
Large Cap Core Equity Fund		—		—		—		(46,373	)		126,956			80,583
Large Cap Growth Stock Fund		—		3,451		3,451		—			67,404			70,855
Large Cap Quantitative Equity Fund		—		—		—		(12,612	)		(3,988	)		(16,600	)
Large Cap Value Equity Fund		240		—		240		(33,578	)		(12,317	)		(45,655	)
Mid-Cap Core Equity Fund				5,818		5,818		—			16,743			22,561
Mid-Cap Value Equity Fund		—		—		—		(21,522	)		(24,922	)		(46,444	)
Real Estate 130/30 Fund		48		27		75		—			64			139
Select Large Cap Growth Stock Fund		—		—		—		(169,985	)		10,582			(159,403	)
Small Cap Growth Stock Fund		—		—		—		(22,151	)		30,015			7,864
Small Cap Value Equity Fund		512		6,683		7,195		—			(34,538	)		(27,343	)
U.S. Equity 130/30 Fund		2		—		2		(169	)		(455	)		(622	)
Life Vision Aggressive Growth Fund		157		4,177		4,334		—			1,982			6,316
Life Vision Conservative Fund		87		119		206		—			(4	)		202
Life Vision Growth and Income Fund		339		8,237		8,576		—			4,354			12,930
Life Vision Moderate Growth Fund		1,648		7,089		8,737		—			2,518			11,255
Life Vision Target Date 2015 Fund		50		78		128		—			(358	)		(230	)
Life Vision Target Date 2025 Fund		13		249		262		—			(709	)		(447	)
Life Vision Target Date 2035 Fund		7		94		101		—			(310	)		(209	)


*	As of the latest tax year end of March 31, 2008, the following Funds had net capital loss carryovers to offset future net capital gains, if any, to the extent provided by the Treasury regulations (in thousands). To the extent that these carryovers are used to offset future gains, it is probable that the gains so offset will not be distributed to shareholders:


	Expires
	2009($)		2010($)			2011($)		2012($)		2013($)

Aggressive Growth Stock Fund		—		1,276	#		—		—		—
International Equity Index Fund		—		—			6,860		9,214		3,137
Select Large Cap Growth Stock Fund		107,189		52,653			9,527		—		—

During the year ended March 31, 2008, the Aggressive Growth Stock Fund, International Equity Index Fund and Select Large Cap Growth Stock Fund utilized $17,547, $26,996 and $7,512 in capital loss carryforwards, respectively (in thousands).

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.

The Aggressive Growth Stock Fund, International Equity 130/30 Fund, Large Cap Core Equity Fund, Large Cap Quantitative Equity Fund, Large Cap Value Equity Fund, Mid-Cap Value Equity Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund and U.S. Equity 130/30 Fund have incurred and will elect to defer $956, $386, $46,373, $12,612, $33,578, $21,522, $616, $22,150 and $169, respectively, in thousands, in capital and foreign currency losses.


**	The differences between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to: tax deferral of losses on wash sales, the difference between book and tax amortization methods for premium and market discount, the

149

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


	realization for tax purposes of unrealized gains/losses on investments in passive foreign investment companies, and the return of capital adjustments from real estate investment trusts.

Amounts designated as “—” are $0 or have been rounded to $0.

7. Risks

The International Equity 130/30 Fund, International Equity Fund and International Equity Index Fund 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 will tend to be an increased risk of price volatility associated with these Funds’ investments in emerging market countries, which may be magnified by currency fluctuations relative to the U.S. dollar.

8. Investment Adviser Reorganization

The Investment Adviser created new wholly owned subsidiaries, which will serve as investment subadvisers (the “Subadvisers”) to certain funds. The Subadvisers are staffed with the same portfolio management teams that previously managed the Funds. The Board has approved Investment Subadvisory Agreements between the Investment Adviser and Subadvisers effective March 31, 2008. The discussion regarding the basis for the Board’s decision is presented in the Annual Approval of Investment Advisory and Subadvisory Agreements found in this annual report.

150

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

RIDGEWORTH FUNDS March 31, 2008

To the Board of Trustees and Shareholders of
RidgeWorth Funds (formerly STI Classic Funds):

In our opinion, the accompanying statements of assets and liabilities, including the schedules of portfolio investments, and the related statements of operations, of cash flows, of changes in net assets, and the financial highlights present fairly, in all material respects, the financial position of Aggressive Growth Stock Fund, Emerging Growth Stock Fund, International Equity 130/30 Fund, International Equity Fund, International Equity Index Fund, Large Cap Core Equity Fund (formerly, Large Cap Relative Value Fund), Large Cap Growth Stock Fund (formerly, Capital Appreciation Fund), Large Cap Quantitative Equity Fund, Large Cap Value Equity Fund, Mid-Cap Core Equity Fund (formerly, Mid-Cap Equity Fund), Mid-Cap Value Equity Fund, Real Estate 130/30 Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund, Small Cap Value Equity Fund, U.S. Equity 130/30 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 (twenty-three of the fifty-two funds constituting RidgeWorth Funds, hereafter referred to as the “Funds”) at March 31, 2008, and the results of each of their operations, the changes in each of their net assets, the cash flows of International Equity 130/30 Fund, Real Estate 130/30 Fund, and U.S. Equity 130/30 Fund, and each of their financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Funds’ management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at March 31, 2008 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Columbus, Ohio

May 28, 2008

151

OTHER FEDERAL TAX INFORMATION

For corporate shareholders, the following percentages of the total ordinary income distributions paid by the following Funds during the fiscal year ended March 31, 2008 qualify for the corporate dividends received deductions:


	Dividend
	Received
	Deduction(%)

Emerging Growth Stock Fund		1.54
Large Cap Core Equity Fund		73.99
Large Cap Growth Stock Fund		46.34
Large Cap Quantitative Equity Fund		24.84
Large Cap Value Equity Fund		37.79
Mid-Cap Core Equity Fund		59.62
Mid-Cap Value Equity Fund		12.45
Select Large Cap Growth Stock Fund		100.00
Small Cap Growth Stock Fund		2.10
Small Cap Value Equity Fund		20.19
U.S. Equity 130/30 Fund		100.00
Life Vision Aggressive Growth Fund		11.31
Life Vision Conservative Fund		2.42
Life Vision Growth and Income Fund		7.11
Life Vision Moderate Growth Fund		4.11
Life Vision Target Date 2015 Fund		6.13
Life Vision Target Date 2025 Fund		9.24
Life Vision Target Date 2035 Fund		11.56

In addition, the Funds may elect to pass through foreign taxes paid by the Funds to is shareholders under code 853 of the Internal Revenue Code. For the year ended March 31, 2008, the International Equity Fund and International Equity Index Fund elected to pass through foreign taxes of $3,176 and $3,166, respectively (in thousands).

For the year ended March 31, 2008, the following Funds paid qualified dividend income:


	Qualified
	Dividend
	Income(%)

Emerging Growth Stock Fund		1.48
International Equity Fund		60.59
International Equity Index Fund		34.95
Large Cap Core Equity Fund		78.94
Large Cap Growth Stock Fund		46.57
Large Cap Quantitative Equity Fund		24.65
Large Cap Value Equity Fund		38.08
Mid-Cap Core Equity Fund		54.55
Mid-Cap Value Equity Fund		11.44
Select Large Cap Growth Stock Fund		100.00
Small Cap Growth Stock Fund		1.46
Small Cap Value Equity Fund		25.93
U.S. Equity 130/30 Fund		100.00
Life Vision Aggressive Growth Fund		16.14
Life Vision Conservative Fund		3.63
Life Vision Growth and Income Fund		10.38
Life Vision Moderate Growth Fund		6.28
Life Vision Target Date 2015 Fund		9.36
Life Vision Target Date 2025 Fund		14.10
Life Vision Target Date 2035 Fund		17.52

152

TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUND

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


				Number of
Name, Business			Principal	Portfolios in
Address, State of	Position	Term of	Occupation(s)	Fund	Other
Residence and	Held With	Office and Length	During the	Complex	Directorships
Date of Birth	Trust	of Time Served	Past 5 Years	Overseen	Held
INDEPENDENT TRUSTEES:
Jeffrey Biggar 3435 Stelzer Road Columbus, OH 43219 (Ohio) DOB 02/50	Trustee	Indefinite; since January 2007	Retired. Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2002-2006)	57	None

George C. Guynn 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 12/42	Trustee	Indefinite; since January 2008	Retired. President (1996-October 2006) and Chief Executive Officer (1995-October 2006) Federal Reserve Bank of Atlanta	57	Genuine Parts Company; Oxford Industries; John Weiland Homes and Neighborhoods

Sidney E. Harris 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 07/49	Trustee	Indefinite; since November 2004	Professor (since 1997) and Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University.	57	ServiceMaster Company; Total System Services, Inc.

Warren Y. Jobe 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 11/40	Trustee	Indefinite; since November 2004	Retired. Executive Vice President, Georgia Power Company and Senior Vice President, Southern Company (1998-2001)	57	WellPoint, Inc.; UniSource Energy Corp.; HomeBanc Corp.

Connie D. McDaniel 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 04/58	Trustee	Indefinite; since May 2005	Vice President Global Finance Transformation (since 2007), Vice President and Controller (1999-2007), The Coca-Cola Company	57	None

Clarence H. Ridley 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 06/42	Trustee	Indefinite; since November 2001	Chairman, Haverty Furniture Companies	57	Crawford & Co.; Haverty Furniture Companies

Charles D. Winslow 3435 Stelzer Road Columbus, OH 43219 (Florida) DOB 07/35	Trustee	Indefinite; since November 2004	Retired. Formerly Partner, Accenture (consulting)	57	None

153

TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS (concluded)

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


		Term of
	Position(s)	Office and
Name, Address and	Held with	Length of	Principal Occupation(s)
Date of Birth	Trust	Time Served	During the Past 5 Years
Officers
Julia Short 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 11/72	President and Chief Executive Officer	One-year: since July 2007	Managing Director, Product Manager, RidgeWorth Capital Management, Inc. (since 2004); Relationship Manager, SEI Investments (Financial Services) (1994-2004)

Deborah A. Lamb 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 10/52	Executive Vice President; Assistant Secretary; Chief Compliance Officer	One-year; since September 2004; since November 2003; since August 2004 (respectively)	Chief Compliance Officer, Managing Director, RidgeWorth Capital Management, Inc. (since 2003); President, Investment Industry Consultants, LLC (2000-2003);

Martin R. Dean 3435 Stelzer Road Columbus, OH 43219 DOB 11/63	Treasurer; Chief Financial Officer; Chief Accounting Officer	One-year; since March 2007	Senior Vice President (since January 2008), Financial Administration, Vice President (1994-January 2008) Citi Fund Services Ohio, Inc.

Cynthia J. Surprise 3435 Stelzer Road Columbus, OH 43219 DOB 07/46	Secretary and Chief Legal Officer	One-year; since February 2005	Senior Vice President, Regulatory Administration, Citi Fund Services Ohio, Inc. (since 2004); Director and Counsel, Investors Bank & Trust Company (1999-2004)

Kerry Reilly 3435 Stelzer Road Columbus, OH 43219 DOB 07/65	Assistant Secretary	One-year; since February 2008	Vice President (since January 2008), Counsel (since July 2007), Assistant Counsel (January 2006-June 2007) Legal Services, Citi Fund Services Ohio, Inc.; from June 2004 to May 2005, employee CitiStreet LLC; from June 1987 through October 2001, employee of Fidelity Investments.

154

ADDITIONAL INFORMATION

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

ANNUAL APPROVAL OF INVESTMENT ADVISORY AND SUBADVISORY AGREEMENTS

The continuance of the Trust’s investment advisory agreement with RidgeWorth Capital Management, Inc. (formerly, Trusco Capital Management, Inc.) (the “Adviser”) and subadvisory agreement with Zevenbergen Capital Investments LLC (“ZCI”) must be specifically approved at least annually by (i) the vote of the Trustees or a vote of the shareholders of the Funds and (ii) the vote of a majority of the Trustees who are not parties to the agreements or “interested persons” of any party thereto (the “Independent Trustees”), as defined in the Investment Company Act 1940, cast in person at a meeting called for the purpose of voting on such approval. New subadvisory agreements for the Trust are also subject to such approval initially and annually after their initial term is complete. Each year, the Board of Trustees calls and holds a meeting to decide whether to approve and/or renew the Trust’s agreements for the upcoming year. In preparation for the meeting, the Board requests and reviews a wide variety of information from the Adviser, ZCI, and any potential subadviser. The Trustees use this information, as well as other information that the Adviser, ZCI, and other service providers may submit to the Board, to help them decide whether to approve and/or renew the agreements.

In considering the renewal of the agreements with the Adviser and ZCI this year, and the approval of the proposed subadvisory agreement with Alpha Equity Management LLC (“Alpha”), the Board requested and received material from the Adviser, ZCI, and Alpha in preparation for a special meeting of the Board held on October 23, 2007, and requested and reviewed additional material from the Adviser in preparation for its quarterly meeting held on November 13, 2007, at which it specifically considered the approval or renewal of the agreements. In addition, at a meeting held on February 12, 2008, the Board considered the approval of proposed subadvisory agreements with Ceredex Value Advisors LLC, Certium Asset Management LLC, IronOak Advisors LLC, and Silvant Capital Management LLC (collectively with Alpha and ZCI, the “Subadvisers”), which are new subsidiaries of the Adviser staffed with the same portfolio management teams that have continuously managed the relevant Funds of the Trust.

The material reviewed by the Board in considering the existing and proposed agreements included, among other things, information about: (a) the quality of the Adviser’s and Subadvisers’ investment management and other services; (b) the Adviser’s and Subadvisers’ investment management personnel; (c) the Adviser’s and Subadvisers’ operations and financial condition; (d) the Adviser’s and Subadvisers’ brokerage practices (including any soft dollar arrangements) and investment strategies; (e) the level of the advisory fees that the Adviser and Subadvisers charge the Funds compared with the fees they charge to comparable mutual funds or accounts; (f) the Funds’ overall fees and operating expenses compared with similar mutual funds; (g) the level of the Adviser’s and Subadvisers’ profitability from their Fund-related operations; (h) the Adviser’s and Subadvisers’ compliance systems; (i) the Adviser’s and Subadvisers’ policies and procedures for personal securities transactions; (j) the Adviser’s and Subadvisers’ reputation, expertise and resources in domestic financial markets; and (k) the Funds’ performance compared with similar mutual funds. The Board also received a memorandum from Fund counsel regarding the responsibilities of the Trustees in connection with their consideration of the agreements.

At the meetings, representatives from the Adviser and Subadvisers presented additional oral and written information to the Board to help the Board evaluate the Adviser’s and Subadvisers’ fees and other aspects of the agreements. The Board also considered information presented by the Adviser, Subadvisers, and other service providers at meetings held throughout the year. The Trustees discussed the written materials, oral presentations, and any other information that the Board received, and considered the approval of the agreements in light of this information.

155

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

reasonable in light of the services to be performed. The Board considered the following specific factors, none of which was controlling, and made the following conclusions:

Nature, Extent, and Quality of Services

The Board received and considered information regarding the nature, extent, and quality of services to be provided to the Funds by the Adviser and Subadvisers. In this regard, the Trustees evaluated, among other things, the Adviser’s and Subadvisers’ personnel, experience, track record, and compliance program. The Board considered the background and experience of the Adviser’s and Subadvisers’ senior management and the expertise of, and amount of attention expected to be given to the Funds by, their portfolio management teams. The Board reviewed the qualifications, backgrounds, and responsibilities of the portfolio managers responsible for the day-to-day management of the Funds. The Board also reviewed information pertaining to the Adviser’s and Subadvisers’ organizational structure, senior management, investment operations, and other relevant information. In addition, the Board reviewed the Adviser’s organizational restructuring plan for 2008 and its potential effects on the Funds’ shareholders. The Board concluded that, within the context of its full deliberations, the nature, extent, and quality of the services to be provided to the Funds by the Adviser and Subadvisers supported the approval of the agreements.

Performance

Fund Expenses

With respect to advisory fees, the Board considered the rate of compensation under the agreements and each Fund’s net operating expense ratio in comparison to those of comparable mutual funds. The Trustees also considered information about average expense ratios of comparable mutual funds in each Fund’s peer group. Finally, the Trustees considered the effect of the Adviser’s and Subadvisers’ waiver and reimbursement of fees and expenses, where applicable, to prevent total expenses from exceeding a specified amount and that, due to these waivers and reimbursements, net operating expenses have been maintained at competitive levels. The Board concluded that, within the context of its full deliberations, the expenses of the Funds are reasonable and supported the approval of the agreements.

Profitability

The Board reviewed information about the profitability of the Funds to the Adviser and Subadvisers and considered whether the level of profitability was reasonable and justified in light of the quality of the services rendered to the Funds and in comparison to other advisory firms. The Board concluded that, within the context of its full deliberations, the profitability of the Adviser and Subadvisers is within the range the Board considered reasonable.

Economies of Scale

The Board considered the existence of economies of scale and whether they were passed along to Fund shareholders through a graduated advisory fee schedule or other means, including any fee and expense waivers and reimbursements by the Adviser and Subadvisers. The Board concluded that, within the context of its full deliberations, the Funds obtain reasonable benefit from economies of scale.

156

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(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 redemption fees; 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 October 1, 2007 through March 31, 2008.

Actual Expenses


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Aggressive Growth Stock Fund	I Shares		1,000.00		842.20		5.30		1.15
	A Shares		1,000.00		841.10		6.67		1.45
	C Shares		1,000.00		837.80		9.92		2.16
Emerging Growth Stock Fund	I Shares		1,000.00		777.10		5.15		1.16
	A Shares		1,000.00		775.80		6.48		1.46
	C Shares		1,000.00		773.20		9.58		2.16
International Equity 130/30 Fund	I Shares (a)		1,000.00		869.00		3.84		1.55
International Equity Fund	I Shares		1,000.00		871.40		5.66		1.21
	A Shares		1,000.00		869.90		7.06		1.51
	C Shares		1,000.00		867.10		10.32		2.21
International Equity Index Fund	I Shares		1,000.00		901.40		2.80		0.59
	A Shares		1,000.00		900.20		4.23		0.89
	C Shares		1,000.00		896.60		7.59		1.60
Large Cap Core Equity Fund	I Shares		1,000.00		840.30		3.96		0.86
	A Shares		1,000.00		839.20		5.10		1.11
	C Shares		1,000.00		836.10		8.54		1.86
Large Cap Growth Stock Fund	I Shares		1,000.00		891.50		4.73		1.00
	A Shares		1,000.00		889.90		6.14		1.30
	C Shares		1,000.00		886.80		9.48		2.01
Large Cap Quantitative Equity Fund	I Shares		1,000.00		894.50		4.31		0.91
	A Shares		1,000.00		893.80		5.49		1.16
	C Shares		1,000.00		890.40		9.07		1.92
Large Cap Value Equity Fund	I Shares		1,000.00		860.00		3.86		0.83
	A Shares		1,000.00		858.30		5.25		1.13
	C Shares		1,000.00		855.70		8.49		1.83
Mid-Cap Core Equity Fund	I Shares		1,000.00		863.70		4.99		1.07
	A Shares		1,000.00		862.60		6.38		1.37
	C Shares		1,000.00		859.20		9.62		2.07
Mid-Cap Value Equity Fund	I Shares		1,000.00		850.20		4.90		1.06
	A Shares		1,000.00		848.50		6.28		1.36
	C Shares		1,000.00		845.40		9.50		2.06
Real Estate 130/30 Fund	I Shares (a)		1,000.00		1,034.70		3.91		1.45

157

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Select Large Cap Growth Stock Fund	I Shares		1,000.00		912.50		4.45		0.93
	A Shares		1,000.00		911.30		5.88		1.23
	C Shares		1,000.00		907.80		9.25		1.94
Small Cap Growth Stock Fund	I Shares		1,000.00		834.00		5.55		1.21
	A Shares		1,000.00		833.20		6.92		1.51
	C Shares		1,000.00		830.20		10.11		2.21
Small Cap Value Equity Fund	I Shares		1,000.00		845.00		5.54		1.20
	A Shares		1,000.00		843.70		6.68		1.45
	C Shares		1,000.00		843.90		6.68		1.45
U.S Equity 130/30 Fund	I Shares (a)		1,000.00		876.10		3.23		1.30
Life Vision Aggressive Growth Fund	I Shares		1,000.00		879.90		0.94		0.20
	A Shares		1,000.00		878.80		2.35		0.50
	B Shares		1,000.00		877.10		4.46		0.95
	C Shares		1,000.00		875.60		5.63		1.20
Life Vision Conservative Fund	I Shares		1,000.00		990.30		0.85		0.17
	A Shares		1,000.00		989.20		2.34		0.47
	B Shares		1,000.00		987.00		4.52		0.91
	C Shares		1,000.00		986.20		5.76		1.16
Life Vision Growth and Income Fund	I Shares		1,000.00		915.50		0.81		0.17
	A Shares		1,000.00		913.10		2.25		0.47
	B Shares		1,000.00		911.90		4.40		0.92
	C Shares		1,000.00		910.20		5.59		1.17
Life Vision Moderate Growth Fund	I Shares		1,000.00		948.10		0.88		0.18
	A Shares		1,000.00		947.30		2.34		0.48
	B Shares		1,000.00		945.10		4.52		0.93
	C Shares		1,000.00		943.60		5.73		1.18
Life Vision Target Date 2015	I Shares		1,000.00		892.50		0.80		0.17
	A Shares		1,000.00		890.80		2.22		0.47
Life Vision Target Date 2025	I Shares		1,000.00		881.50		0.89		0.19
	A Shares		1,000.00		880.00		2.30		0.49
Life Vision Target Date 2035	I Shares		1,000.00		880.70		0.80		0.17
	A Shares		1,000.00		879.90		2.16		0.46


*	Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.


**	Annualized.

(a)	Information shown reflects values for the period from December 27, 2007 (commencement of operations) to March 31, 2008 and has been calculated using expense ratios and rates of return for the same period.

158

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(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.


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Aggressive Growth Stock Fund	I Shares		1,000.00		1,019.25		5.81		1.15
	A Shares		1,000.00		1,017.75		7.31		1.45
	C Shares		1,000.00		1,014.20		10.88		2.16
Emerging Growth Stock Fund	I Shares		1,000.00		1,019.20		5.86		1.16
	A Shares		1,000.00		1,017.70		7.36		1.46
	C Shares		1,000.00		1,014.20		10.88		2.16
International Equity 130/30 Fund	I Shares		1,000.00		1,017.25		7.82		1.55
International Equity Fund	I Shares		1,000.00		1,018.95		6.11		1.21
	A Shares		1,000.00		1,017.45		7.62		1.51
	C Shares		1,000.00		1,013.95		11.13		2.21
International Equity Index Fund	I Shares		1,000.00		1,022.05		2.98		0.59
	A Shares		1,000.00		1,020.55		4.50		0.89
	C Shares		1,000.00		1,017.00		8.07		1.60
Large Cap Core Equity Fund	I Shares		1,000.00		1,020.70		4.34		0.86
	A Shares		1,000.00		1,019.45		5.60		1.11
	C Shares		1,000.00		1,015.70		9.37		1.86
Large Cap Growth Stock Fund	I Shares		1,000.00		1,020.00		5.05		1.00
	A Shares		1,000.00		1,018.50		6.56		1.30
	C Shares		1,000.00		1,014.95		10.13		2.01
Large Cap Quantitative Equity Fund	I Shares		1,000.00		1,020.45		4.60		0.91
	A Shares		1,000.00		1,019.20		5.86		1.16
	C Shares		1,000.00		1,015.40		9.67		1.92
Large Cap Value Equity Fund	I Shares		1,000.00		1,020.85		4.19		0.83
	A Shares		1,000.00		1,019.35		5.70		1.13
	C Shares		1,000.00		1,015.85		9.22		1.83
Mid-Cap Core Equity Fund	I Shares		1,000.00		1,019.65		5.40		1.07
	A Shares		1,000.00		1,018.15		6.91		1.37
	C Shares		1,000.00		1,014.65		10.43		2.07
Mid-Cap Value Equity Fund	I Shares		1,000.00		1,019.70		5.35		1.06
	A Shares		1,000.00		1,018.20		6.86		1.36
	C Shares		1,000.00		1,014.70		10.38		2.06
Real Estate 130/30 Fund	I Shares		1,000.00		1,017.75		7.31		1.45
Select Large Cap Growth Stock Fund	I Shares		1,000.00		1,020.35		4.70		0.93
	A Shares		1,000.00		1,018.85		6.21		1.23
	C Shares		1,000.00		1,015.30		9.77		1.94

159

ADDITIONAL INFORMATION (continued)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Small Cap Growth Stock Fund	I Shares		1,000.00		1,018.95		6.11		1.21
	A Shares		1,000.00		1,017.45		7.62		1.51
	C Shares		1,000.00		1,013.95		11.13		2.21
Small Cap Value Equity Fund	I Shares		1,000.00		1,019.00		6.06		1.20
	A Shares		1,000.00		1,017.75		7.31		1.45
	C Shares		1,000.00		1,017.75		7.31		1.45
U.S Equity 130/30 Fund	I Shares		1,000.00		1,018.50		6.56		1.30
Life Vision Aggressive Growth Fund	I Shares		1,000.00		1,024.00		1.01		0.20
	A Shares		1,000.00		1,022.50		2.53		0.50
	B Shares		1,000.00		1,020.25		4.80		0.95
	C Shares		1,000.00		1,019.00		6.06		1.20
Life Vision Conservative Fund	I Shares		1,000.00		1,024.15		0.86		0.17
	A Shares		1,000.00		1,022.65		2.38		0.47
	B Shares		1,000.00		1,020.45		4.60		0.91
	C Shares		1,000.00		1,019.20		5.86		1.16
Life Vision Growth and Income Fund	I Shares		1,000.00		1,024.15		0.86		0.17
	A Shares		1,000.00		1,022.65		2.38		0.47
	B Shares		1,000.00		1,020.40		4.65		0.92
	C Shares		1,000.00		1,019.15		5.91		1.17
Life Vision Moderate Growth Fund	I Shares		1,000.00		1,024.10		0.91		0.18
	A Shares		1,000.00		1,022.60		2.43		0.48
	B Shares		1,000.00		1,020.35		4.70		0.93
	C Shares		1,000.00		1,019.10		5.96		1.18
Life Vision Target Date 2015	I Shares		1,000.00		1,024.15		0.86		0.17
	A Shares		1,000.00		1,022.65		2.38		0.47
Life Vision Target Date 2025	I Shares		1,000.00		1,024.05		0.96		0.19
	A Shares		1,000.00		1,022.55		2.48		0.49
Life Vision Target Date 2035	I Shares		1,000.00		1,024.15		0.86		0.17
	A Shares		1,000.00		1,022.70		2.33		0.46


*	Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.


**	Annualized.

160

ADDITIONAL INFORMATION (concluded)
RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

Special Meeting of Shareholders

A meeting of shareholders of the RidgeWorth Funds, was held on January 20, 2008. At the meeting, shareholders voted and approved the following proposal:

Proposal 1: To consider and vote on the election of members to the Board of Trustees of the Trust.


	# of Shares		% of Outstanding Shares		% of Shares Present

Jeffrey M. Biggar
Affirmative		6,579,428.109		94.343%		95.578%
Withhold		304,420.348		4.365%		4.422%

Total		6,883,848.457		98.708%		100.000%
George C. Guynn
Affirmative		6,587,354.241		94.456%		95.693%
Withhold		296,494.216		4.252%		4.307%

Total		6,883,848.457		98.708%		100.000%
Sidney E. Harris
Affirmative		6,581,214.171		94.368%		95.604%
Withhold		302,634.286		4.340%		4.396%

Total		6,883,848.457		98.708%		100.000%
Warren Y. Jobe
Affirmative		6,580,767.574		94.362%		95.597%
Withhold		303,080.883		4.346%		4.403%

Total		6,883,848.457		98.708%		100.000%
Connie D. McDaniel
Affirmative		6,549,975.936		93.920%		95.150%
Withhold		333,872.521		4.788%		4.850%

Total		6,883,848.457		98.708%		100.000%
Clarence H. Ridley
Affirmative		6,574,080.344		94.266%		95.500%
Withhold		309,768.113		4.442%		4.500%

Total		6,883,848.457		98.708%		100.000%
Charles D. Winslow
Affirmative		6,578,015.208		94.322%		95.557%
Withhold		305,833.249		4.386%		4.443%

Total		6,883,848.457		98.708%		100.000%

Proxy Voting

Portfolio Holdings Information

161

TABLE OF CONTENTS

RIDGEWORTH FUNDS March 31, 2008


Letter to Shareholders			1

Management Discussion of Fund Performance

Fixed Income Funds:

Georgia Tax-Exempt Bond Fund			3
High Grade Municipal Bond Fund			5
High Income Fund			7
Intermediate Bond Fund			9
Investment Grade Bond Fund			11
Investment Grade Tax-Exempt Bond Fund			13
Limited Duration Fund			15
Limited-Term Federal Mortgage Securities Fund			17
Maryland Municipal Bond Fund			19
North Carolina Tax-Exempt Bond Fund			21
Seix Floating Rate High Income Fund			23
Seix High Yield Fund			25
Short-Term Bond Fund			27
Short-Term U.S. Treasury Securities Fund			29
Strategic Income Fund			31
Total Return Bond Fund			33
Ultra-Short Bond Fund			35
U.S. Government Securities Fund			37
U.S. Government Securities Ultra-Short Bond Fund			39
Virginia Intermediate Municipal Bond Fund			41

Money Market Funds:
Prime Quality Money Market Fund			43
Tax-Exempt Money Market Fund			44
U.S. Government Securities Money Market Fund			45
U.S. Treasury Money Market Fund			46
Virginia Tax-Free Money Market Fund			47

Schedules of Portfolio Investments			49

Statements of Assets and Liabilities			188

Statements of Operations			192

Statements of Changes in Net Assets			196

Financial Highlights			210

Notes to Financial Statements			222

Report of Independent Registered Public Accounting Firm			244

Other Federal Tax Information			245

Trustees and Officers of the RidgeWorth Funds			246

Additional Information			248

LETTER TO SHAREHOLDERS

March 31, 2008

Dear Valued RidgeWorth Funds Shareholder,

We close this letter, as always, with thanks to you our valued client. We appreciate your support and look forward to continuing to serve you.

Sincerely,



David H. Eidson		Ashi Parikh
Chairman and CEO		President and CIO
RidgeWorth Capital Management, Inc.		RidgeWorth Capital Management, Inc.


¹		The monetary value of all the goods and services produced by an economy over a specified period. It includes consumption, government purchases, investments, and exports minus imports.

GEORGIA TAX-EXEMPT BOND FUND

Portfolio Manager

•

Chris Carter, CFA

Investment Concerns

Mutual fund investing involves risk, including possible loss of principal. Bonds offer a relatively stable level of income, although bond prices will fluctuate providing the potential for principal gain or loss. Intermediate-term, higher-quality bonds generally offer less risk than longer-term bonds and a lower rate of return.

The geographical concentration of portfolio holdings in this fund may involve increased risk.

The Fund’s income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12 months ended March 31, 2008, the Georgia Tax-Exempt Bond Fund had a total return of 0.60% (I Shares) versus an average return of -0.47% for the Lipper Georgia Municipal Debt Funds Average¹, and a 3.84% total return for the Lehman Brothers 10 Year Municipal Bond Index. The short- to intermediate-term portion of the municipal yield curve (the 1 to 7-year sectors) provided the greatest total returns during the period (according to Lehman Brothers). Increasing the Fund’s exposure to those maturities over the past 12 months aided performance. The Fund maintained an overweight of less than 1-year, 7-year, and 22-year and longer paper. Trading activity and portfolio events during the period resulted in exposure to the 3-year, 5-year, and 7-year sectors being increased, and exposure to the 15-year and longer sectors being reduced. The 5 and 10-year generic AAA rated municipal bond yields declined 64 and 4 basis points (0.64% and 0.04%) respectively, over the 12 months, while 30-year yields increased 77 basis points (0.77%). The 2-year to 30-year municipal bond yield curve steepened 209 basis points (2.09%) to 267 basis points (2.67%) of slope.²

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The factors behind the Fund’s outperformance, in relation to the Lipper Objective average, were its high relative allocation to bonds with 6 to 8-year final maturities, pre-refunding events, credit quality, and individual security structure and selection. However, although the Fund outperformed its peer group for the period it did underperform against its benchmark index. The Fund’s underperformance is attributed to a few factors, such as (1) the index limits itself to five specific maturities in the intermediate portion of the yield curve while the Fund utilizes the entire yield curve in the portfolio management process and (2) the Fund is state-specific whereas the index is a national market index.

How do you plan to position the Fund, based on market conditions?

The Fund continues to favor premium bonds (prices greater than par) for their income benefit and relative price stability. We believe all activity should occur within an investment grade construct and the average credit quality of Fund’s holdings should remain high.²


¹		The Lipper Georgia Municipal Debt Funds Average is comprised of mutual funds limit their assets to those securities that are exempt from taxation in a specified state (double tax-exempt) or city (triple tax-exempt).

GEORGIA TAX-EXEMPT BOND FUND

The Fund’s performance is compared to the Lehman Brothers 10 Year Municipal Bond Index, a widely recognized index of long-term investment grade tax-exempt bonds. The Index includes general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds with maturities between 8 and 12 years. The Index represents various market sectors and geographic locations. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
Georgia Tax-Exempt Bond Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		0.54	%		2.77	%		2.68	%		3.82	%
	with sales charge*		-4.22	%		1.12	%		1.68	%		3.32	%

C Shares	without CDSC		-0.31	%		1.90	%		1.96	%		3.22	%
	with CDSC*		-1.28	%		1.90	%		1.96	%		3.22	%

I Shares			0.60	%		2.90	%		2.86	%		4.02	%

Lehman Brothers 10 Year Municipal Bond Index			3.84	%		4.25	%		4.12	%		5.14	%


Prospectus Expense Ratio¹	Gross

A Shares		0.75	%

C Shares		1.60	%

I Shares		0.60	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

HIGH GRADE MUNICIPAL BOND FUND

Portfolio Manager

• Ronald Schwartz, CFA

Investment Concerns

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

The geographical concentration of portfolio holdings in this fund may involve increased risk.

The Fund’s income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12 month period ended March 31, 2008, the High Grade Municipal Bond Fund returned 2.58% (I Shares), underperforming the Lehman Brothers 10 Year Municipal Bond Index which returned 3.84% but outperforming its peer group, the Lipper Insured Municipal Debt Funds Average¹, which returned -0.53%. The best returns were generated in the 1- to 7-year part of the yield curve where bond prices rose. Bond prices fell over the 12 months on bonds 15 years and longer. Portfolio structure has been underweighted toward the long end versus the peer group, and a reduced exposure to lower quality bonds helped minimize the performance issues caused by widening credit spreads.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund maintained a duration that was shorter than the Lipper peer group average and was neutral to the Lehman index throughout this period. Short-to intermediate-term bonds outperformed the long end of the curve as the yield curve steepened. Lower credit quality bonds underperformed during this period, as the market demanded a wider yield spread on bonds rated below AA. We outperformed the Lipper average primarily due to our lower exposure to the long end of the curve, overweighting of the 3- to 7-year area and our continued bias to high quality paper, which prior to this period had been somewhat of a detriment to performance.²

How do you plan to position the Fund, based on market conditions?

We expect to maintain the high credit quality bias of portfolios and are neutral to our duration targets. The curve has steepened but the absolute level of interest rates in our sector are not especially appealing, though they remain at historically wide levels compared to Treasuries. Over time we believe this distended relationship should correct itself and municipal bonds could perform relatively well in that environment. The Fund will seek opportunities within the AA and A space that offer more yield as credit spreads have widened dramatically and it now appears advantageous to return to those sectors. The yield curve is much steeper than one year ago, so the Fund will continue to hold a lower weighting in the very short end, increase the weighting in the 5- to 15-year part of the curve. The Fund will also maintain duration at neutral as we expect to see additional steepening because of higher inflation and the Fed’s actions to revive the economy.²

¹ The Lipper Insured Municipal Debt Funds Average consists of managed mutual funds that invests at least 65% of their assets in municipal debt issues insured as to timely payment. It is not possible to invest directly in any index.

HIGH GRADE MUNICIPAL BOND FUND


		Average Annual Total Returns as of 3/31/08
High Grade Municipal Bond Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		2.33	%		3.14	%		2.71	%		4.17	%
	with sales charge*		-2.57	%		1.50	%		1.71	%		3.67	%

C Shares	without CDSC		1.46	%		2.30	%		1.99	%		3.56	%
	with CDSC*		0.47	%		2.30	%		1.99	%		3.56	%

I Shares			2.58	%		3.33	%		2.89	%		4.38	%

Lehman Brothers 10 Year Municipal Bond Index			3.84	%		4.25	%		4.12	%		5.14	%


Prospectus Expense Ratio¹	Gross

A Shares		0.78	%

C Shares		1.63	%

I Shares		0.63	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

HIGH INCOME FUND

Portfolio Manager(s)

• Michael Mceachern, CFA

• Brian Nold

Investment Concerns

Although the Fund’s yield may be higher than that of fixed income funds that purchase higher-rated securities, the potentially higher yield is a function of the greater risk that the Fund’s share price will decline.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12 month period ended March 31, 2008, the High Income Fund returned -3.68% (I Shares), which outperformed the -3.74% total return of its benchmark, the Lehman Brothers U.S. Corporate High Yield Bond Index.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Over the past 12 months, it became all too apparent that problems in the housing and credit markets were affecting consumer spending—the largest sector in the economy. Consumer confidence dropped, which led to softness in retail sales. In late 2007, strong exports, which boomed with the weak dollar, were able to offset much of the downturn in residential construction. With the consumer pulling back, however, we believe it will be difficult for foreign demand to offset these negative headwinds.

Since we are mindful of the possibility of a lengthy economic downturn, we are underweighting cyclical industries and issuers in the Fund. Autos remain underweighted at less than 3% exposure per issuer. We also pared positions in fully priced recently LBO companies. We are void in the Homebuilder industry and substantially underweighted in the Retail industry. Since the market bottom in mid March, we have increased exposure to the Healthcare industry. Our key focus remains on protecting downside risk. Asset protection is currently our most important tenet. We believe that with a strong base, companies will be able to sell assets or attract funding in difficult markets. Therefore, we are overweighted in the more stable industries, including Cable and Energy.

How do you plan to position the Fund, based on market conditions?

Despite the general outlook for the economy and defaults, we believe that High Yield currently presents an attractive opportunity. Spreads versus Treasuries are discounting default rates of 9-10% and most forecasters expect rates to peak at about half that level. We believe that much of the expected bad news is already priced into the High Yield market, although CCC’s may experience some technical correction in the near future. With a comfortable portfolio yield of nearly 10% and our focus on avoiding the worst performing sectors and securities, we believe Fund returns may be less volatile over the next year compared with the last 12 months.

HIGH INCOME FUND

The Fund’s performance is compared to the Lehman Brothers U.S. Corporate High Yield Bond Index, a market value-weighted index that covers the universe of fixed rate, non-investment grade debt. The Index represents various market sectors and geographic locations. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


				Average Annual Total Returns as of 3/31/08
																Since
High Income Fund		Inception Date		1 Year			3 Year			5 Year			10 Year			Inception

A Shares	without sales charge		10/27/03		-3.96	%		5.55	%		N/A			N/A			6.89	%
	with sales charge*				-8.55	%		3.85	%		N/A			N/A			5.71	%

C Shares	without CDSC		05/04/94		-4.63	%		4.86	%		8.11	%		4.12	%		4.76	%
	with CDSC*				-5.50	%		4.86	%		8.11	%		4.12	%		4.76	%

I Shares			10/03/01		-3.68	%		5.87	%		9.03	%		N/A			7.81	%

Lehman Brothers U.S. Corporate
High Yield Bond Index					-3.74	%		4.89	%		8.62	%		4.84	%		—


Prospectus Expense Ratio¹	Gross

A Shares		1.01	%

C Shares		1.71	%

I Shares		0.71	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

INTERMEDIATE BOND FUND

Portfolio Manager(s)

• Adrien Webb, CFA

• Perry Troisi

Investment Concerns

Mutual fund investing involves risk, including possible loss of principal. Bond funds will tend to experience smaller fluctuations in value than stock funds. However, investors in any bond fund should anticipate fluctuations in price, especially for longer-term issues and in environments of rising interest rates.

Mortgage-backed investments involve risk of loss due to prepayments and, like any bond, due to default. Because of the sensitivity of mortgage-related securities to changes in interest rates, the Fund’s performance may be more volatile than if it did not hold these securities.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12-month period ended March 31, 2008, the Intermediate Bond Fund returned 8.57% (I Shares), which underperformed the 8.88% total return of its benchmark, the Lehman Brothers Intermediate Government/Credit Index.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Our cautious approach over the past year has provided a positive return in a difficult time. We have avoided subprime mortgages, structured investment vehicles, auction rate securities, collateralized debt obligations, leveraged derivatives or bonds of financially distressed issuers. We focused instead on less complex mortgage securities and corporate bonds with transparent income statements and balance sheets. When markets continued to lag this year, we further diversified our holdings.

Treasuries doubled the returns of every other investment grade bond sector in the first quarter making security selection ever more important. We expanded our quality bias to include the purchase of pre-refunded Municipal bonds and increased our exposure to Commercial Mortgage Backed Securities and Corporate Bond allocation as spreads widened. Our higher allocation to Treasuries gave us the flexibility to execute these strategies. In our quest for value, we are actively exploring non-Index solutions as well as those securities found in the broad market indices.¹

In Corporates, industry and perceptive credit research boosted returns. Despite lagging returns for the overall corporate sector, we added value through security selection. Concentrating on the new issue market for better execution, we added to industries that can withstand an economic slowdown. We reduced our exposure to interest-sensitive Utilities before long-term Treasury yields began to rise. We believe selectively overweighting credit as the crisis deepens may provide alpha² when spreads tighten. We will continue to monitor this sector carefully.

Volatility in the mortgage and credit markets caused spreads to widen relative to Treasury and Agency debentures during the recent flight to quality. The Fund is overweight in corporates, underweight Governments and maintains opportunistic exposure to the securitized sector. Our allocation to CMBS was responsible for approximately half the shortfall despite possessing no subprime risk or experiencing any credit deterioration in the underlying collateral. A smaller effect was present in our residential mortgage allocation with similar quality characteristics. Corporates also contributed to the underperformance because of the overweight and individual issuer selections.¹

How do you plan to position the Fund, based on market conditions?

Compounding the chaotic capital markets is the state of the domestic economy. The Federal Reserve Board (the “Fed”) began an easing mode between September and March reducing the federal funds rate by 300 basis points (3.00%), which has established its willingness to stimulate the economy by lowering rates and providing liquidity to the banking system. The Fed has used multiple lending initiatives incorporating international support and the unprecedented ability for primary bond dealers to borrow from the Treasury. We believe that a government-sponsored homeowner mortgage bailout to forestall foreclosures may be necessary for a full economic recovery. A recession, however short-lived, seems likely but is not a certainty.

² Alpha measures a fund’s risk-adjusted performance and represents the difference between a fund’s actual performance and its expected performance, given its level of risk as measured by beta.

INTERMEDIATE BOND FUND

This chart assumes an initial hypothetical investment of $10,000 made on 6/30/99. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Lehman Brothers Intermediate Government/Credit Index which is composed of all bonds that are investment grade rated Baa or higher by Moody’s or BBB or higher by S&P, if unrated by Moody’s. Issues must have at least one year to maturity. The Index represents various market sectors and geographic locations. The Index represents various market sectors and geographic locations. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


				Average Annual Total Returns as of 3/31/08
		Inception											Since
Intermediate Bond Fund		Date^†		1 Year			3 Year			5 Year			Inception

A Shares	without sales charge		06/30/99		8.39	%		5.09	%		4.15	%		5.41	%
	with sales charge*				3.20	%		3.41	%		3.14	%		4.82	%

C Shares	without CDSC		06/30/99		6.35	%		3.98	%		3.45	%		5.01	%
	with CDSC*				5.35	%		3.98	%		3.45	%		5.01	%

I Shares			06/30/99		8.57	%		5.40	%		4.37	%		5.54	%

Lehman Brothers Intermediate
Government/Credit Index					8.88	%		5.66	%		4.37	%		—


Prospectus Expense Ratio¹	Gross

A Shares		0.56	%

C Shares		1.31	%

I Shares		0.31	%

* Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

† The I Shares, A Shares and C Shares were offered beginning on 10/11/04. The performance shown prior to such date is based on the performance of the Class I Shares of the Seix Intermediate Bond Fund, and open-end investment company that was the predecessor fund to the Intermediate Bond Fund. The historical performance has not been adjusted to reflect A Share or C Share expenses. If it had been, the performance would have been lower.

¹ Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

INVESTMENT GRADE BOND FUND

Portfolio Manager(s)

• Adrien Webb, CFA

• Perry Troisi

Investment Concerns

The Fund is subject to the risk that principal value reacts in opposition to the movement of interest rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12-month period ended March 31, 2008, the Investment Grade Bond Fund returned 7.47% (I Shares), which underperformed the 8.35% total return of its benchmark, the Lehman Brothers U.S. Government/Credit Index.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Pricing anomalies developed in tax-free municipals as spreads soared. Municipals came under pressure when the monolines’ credit quality was questioned, auctions failed and short term rates declined rapidly. As these events converged and spreads widened, a rare opportunity for tax-exempt investors developed. Similar trends have formed in the Commercial Mortgage Backed Securities (CMBS) market. Despite little correlation to residential mortgage problems, CMBS spreads balloon as leveraged parties continue to sell. Concentrating primarily in the new issue corporate market, we added to industries that could withstand the possibility of an economic slowdown. We also used the backup in spreads to become neutral in the top banks and brokers.

Treasuries doubled the returns of every other investment grade bond sector in the first quarter making security selection ever more important. We expanded our quality bias to include the purchase of pre-refunded Municipal bonds and increased our exposure to CMBS and Corporate Bond allocation as spreads widened. Our higher allocation to Treasuries gave us the flexibility to execute these strategies. In our quest for value, we are actively exploring non-Index solutions as well as those securities found in the broad market indices.

In Corporates, industry and perceptive credit research boosted returns. Despite lagging returns for the overall corporate sector, we added value through security selection. Concentrating on the new issue market for better execution, we added to industries that could withstand an economic slowdown. We reduced our exposure to interest-sensitive Utilities before long-term Treasury yields began to rise. We believe selectively overweighting credit as the crisis deepens could provide alpha¹ when spreads tighten. We will continue to monitor this sector carefully.

The overwhelming majority of the Fund’s underperformance came from the spread sectors, namely the securitized sector and corporates. Bouts of illiquidity in the non-agency MBS and CMBS sectors contributed to the decline despite a AAA average quality rating and the concentration in the most senior tranches. While security selection in corporates generated value, our overweight to the sector was compromised by continued spread widening. Foreign currency activity generated a slight disadvantage. Our curve steepener was beneficial in light of the Fed’s significant easing stance and our void in government related was a positive contributor to returns.

How do you plan to position the Fund, based on market conditions?

As the economy weakened during the quarter the Federal Reserve (the “Fed”) generated liquidity and responded quickly and forcefully to stabilize credit and mortgage markets. Ultimately, brokering a deal between financial giants JPMorgan and Bear Stearns provided renewed hope that an end to spread widening may be near.

With a weaker domestic economy, the Fed, which is in an easing mode, has clearly established its willingness to stimulate the economy and provide liquidity to the banking system. Job losses, higher energy prices, and a weakened housing market are mounting issues that may influence consumer spending. The declining dollar should continue to aid exports. A recession, however short-lived, seems inevitable and a government-sponsored homeowner mortgage bailout to forestall foreclosures may be necessary for a full economic recovery.

¹ Alpha measures a fund’s risk-adjusted performance and represents the difference between a fund’s actual performance and its expected performance, given its level of risk as measured by beta.

INVESTMENT GRADE BOND FUND

The Fund’s performance is compared to the Lehman Brothers U.S. Government/Credit Index and the Lehman Brothers U.S. Aggregate Index. The Lehman Brothers U.S. Government/Credit Index is a widely recognized composite made up of the Lehman Brothers U.S. Government Index and the Lehman Brothers U.S. Credit Index, which include U.S. government, Treasury and agency securities, as well as high grade corporate bonds. The Lehman Brothers U.S. Aggregate Index is a widely recognized index of securities that are SEC-registered, taxable, and dollar denominated. The Index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities and asset-backed securities. The indices are unmanaged and do not reflect the deduction of fees such as investment management and fund accounting fees or taxes associated with a mutual fund. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
Investment Grade Bond Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		7.15	%		5.09	%		3.98	%		4.80	%
	with sales charge*		2.09	%		3.41	%		2.98	%		4.29	%

C Shares	without CDSC		6.40	%		4.38	%		3.36	%		4.23	%
	with CDSC*		5.40	%		4.38	%		3.36	%		4.23	%

I Shares			7.47	%		5.38	%		4.35	%		5.19	%

Lehman Brothers U. S. Government/
Credit Index			8.35	%		5.55	%		4.62	%		6.12	%

Lehman Brothers U. S. Aggregate Index			7.67	%		5.48	%		4.58	%		6.04	%


Prospectus Expense Ratio¹	Gross

A Shares		0.86	%

C Shares		1.56	%

I Shares		0.56	%

* Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹ Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

INVESTMENT GRADE TAX-EXEMPT BOND FUND

Portfolio Manager

• Ronald Schwartz, CFA

Investment Concerns

The Fund’s income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12-month period ended March 31, 2008, the Investment Grade Tax-Exempt Bond Fund returned 4.73% (I Shares) underperforming the Lehman Brothers 5 Year Municipal Bond Index, which returned 6.19%. However, for the period the Fund out performed its peer group, the Lipper Intermediate Municipal Debt Funds Average¹ return of 2.61%. The best returns were generated in the 1- to 7-year part of the yield curve where bond prices rose. Bond prices fell over the 12 months on bonds 15-years and longer. Portfolio structure has been underweighted the long end versus the peer group, and a reduced exposure to lower quality bonds helped to minimize the performance issues caused by widening credit spreads.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund maintained a shorter duration than the Lipper peer group average and was slightly longer than the Lehman index throughout the period. Short- to intermediate-term bonds outperformed the long end of the curve as the yield curve steepened. Lower credit quality bonds underperformed during this period as the market demanded a wider yield spread on bonds rated below AA. We outperformed the Lipper average primarily due to our lower exposure to the long end of the curve, overweighting of the 3 -7 year area and our continued bias to high quality paper, which prior to this period had been somewhat of a detriment to performance.²

How do you plan to position the Fund, based on market conditions?

We expect to maintain the high credit quality bias of portfolios and are neutral to our duration targets. The curve has steepened but the absolute levels of interest rates in our sector are not especially appealing, though they remain at historically wide levels compared to Treasuries. We believe that over time, this distended relationship should correct itself and municipal bonds could perform relatively well in this environment. The Fund will seek opportunities within the AA and A space that offer more yield as credit spreads have widened dramatically and its now appears advantageous to return to those sectors. The yield curve is much steeper than one year ago, so the Fund will continue to hold a lower weighting in the very short end, increase the weighting in the 5 to 15 year part of the curve. The Fund will maintain duration at neutral as we expect to see additional steepening because of higher inflation and the Federal Reserve actions to revive the economy.²

¹ The Lipper Intermediate Municipal Debt Funds Average consists of managed mutual funds that invest in municipal debt issues with dollar-weighted average maturities of five to ten years. It is not possible to invest directly in any index.

INVESTMENT GRADE TAX-EXEMPT BOND FUND

The Fund’s performance is compared to the Lehman Brothers 5 Year Municipal Bond Index, which is a widely recognized index of intermediate investment grade tax-exempt bonds. The Index includes general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds with maturities between four and six years. The Index represents various market sectors and geographic locations. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Investment Grade		Average Annual Total Returns as of 3/31/08
Tax-Exempt Bond Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		4.41	%		3.72	%		3.27	%		4.71	%
	with sales charge*		-0.53	%		2.06	%		2.27	%		4.20	%

C Shares	without CDSC		3.69	%		3.03	%		2.64	%		4.16	%
	with CDSC*		2.69	%		3.03	%		2.64	%		4.16	%

I Shares			4.73	%		4.05	%		3.64	%		5.12	%

Lehman Brothers 5 Year
Municipal Bond Index			6.19	%		4.19	%		3.42	%		4.65	%


Prospectus Expense Ratio¹	Gross

A Shares		0.86	%

C Shares		1.56	%

I Shares		0.56	%

* Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹ Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIMITED DURATION FUND

Portfolio Manager(s)

•

Perry Troisi

•

Michael Rieger

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Limited Duration Fund returned 3.90% (I Shares) for the 12 months ended March 31, 2008, underperforming its benchmark, the Merrill Lynch 3 Month U.S. Treasury Bill Index which returned 4.64% for the same period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

With securitized sectors experiencing high volatility, the portfolio divested positions in student loans and Floating Rate Mortgage-backed securities while concentrating purchase activity in short term Treasury bills and high quality auto loans. The Fund underperformed its benchmark of Treasury Bills for the first quarter due to the flight to quality in Government bond markets and the lackluster performance of asset-backed securities. The Fund generates the majority of its return through interest income. By utilizing asset-backed securities with attractive spreads, the Fund produces a steady source of income with price preservation as a secondary goal.

How do you plan to position the Fund, based on market conditions?

Our cautious approach over the past year has been prudent. We have avoided structured investment vehicles (SIVs), auction rate securities, collateralized debt obligations, leveraged derivatives or bonds of financially distressed issuers—all of which are prominent in the limited duration portion of the yield curve. We focused instead on less complex mortgage securities and bonds with transparent collateral. In our quest for value, we are actively exploring non-Index solutions as well as those securities found in market indices.¹

The Federal Reserve Board (the “Fed”) began an easing mode between September and March reducing the federal funds rate by 300 basis points (3.00%), which has established its willingness to stimulate the economy by lowering rates and providing liquidity to the banking system. In addition, multiple lending initiatives incorporating international support and the unprecedented ability for primary bond dealers to borrow from the Treasury has been put in place by the Fed. We believe a government-sponsored homeowner mortgage bailout to forestall foreclosures may be necessary for a full economic recovery. A recession, however short-lived, seems likely but is not a certainty.

LIMITED DURATION FUND

This chart assumes an initial hypothetical investment of $10,000 was made on 10/25/02. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Merrill Lynch 3 Month U.S. Treasury Bill Index which tracks the monthly price-only and total return performance of a three-month Treasury bill, based on monthly average auction rates. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08^†
												Since
Limited Duration Fund	Inception Date		1 Year			3 Year			5 Year			Inception

I Shares		10/25/02		3.90	%		4.22	%		3.03	%		2.85	%

Merrill Lynch 3 Month U.S. Treasury Bill Index				4.64	%		4.41	%		3.18	%		—


Prospectus Expense Ratio¹	Gross

I Shares		0.18	%


^†		The I Shares were offered beginning on 10/11/04. The performance shown prior to such date is based on the performance of the Seix Limited Duration Fund, an open-end investment company that was the predecessor fund to the Limited Duration Fund.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

LIMITED-TERM FEDERAL MORTGAGE SECURITIES FUND

Portfolio Manager(s)

•

Perry Troisi

•

Michael Rieger

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Limited-Term Federal Mortgage Securities Fund returned 5.08% (I Shares) for the 12 months ended March 31, 2008, underperforming its benchmark, the Lehman Brothers Mortgage Backed Securities Index which returned 7.82% for the same period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund reduced its exposure to floating rate assets by selling FNMA adjustable rate pass-through securities and GNMA CMOs and purchasing fixed rate GNMA higher coupon pools that may have less duration and prepayment risk in the current environment. Spread advantages have surfaced recently which have made the higher quality GNMA pools more attractive than both FHLMC and FNMA.¹

Recent volatility in the mortgage market has caused spreads to widen relative to Treasury and Agency debentures. In addition, the added yield incentives of Agency CMOs and Non-Agency MBS, while retaining AAA quality, have recently been compromised by pricing anomalies in the market. The Fund is restricted to a minimum of 80% in mortgage backed securities despite being benchmarked to a Government-related index. The latest flight to quality in Government securities has caused the Fund’s performance to lag the benchmark.¹

How do you plan to position the Fund, based on market conditions?

Our cautious approach over the past year has been prudent. We have avoided subprime mortgages, structured investment vehicles (SIVs), auction rate securities, collateralized debt obligations and leveraged derivatives. We focused instead on less complex mortgage securities and bonds with transparent collateral. In our quest for value, we are actively exploring non-Index solutions as well as those securities found in market indices.¹

LIMITED-TERM FEDERAL MORTGAGE SECURITIES FUND

Effective March 31, 2008, the Fund transitioned its benchmark from the Merrill Lynch 1-5 Year AAA U.S. Treasury/Agencies Index to the Lehman Brothers Mortgage Backed Securities Index to better reflect the Fund’s investment objective. The Lehman Brothers Mortgage Backed Securities Index covers agency mortgage-backed pass through securities (both fixed-rate and hybrid ARM) issued by Ginnie Mae (GNMA), Fannie Mae (FNMA), and Freddie Mac (FHLMC). The Merrill Lynch 1-5 Year AAA U.S. Treasury/Agencies Index, which includes U.S. government, and agency bonds that have a minimum issue size of $150 million. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Limited-Term Federal Mortgage	Average Annual Total Returns as of 3/31/08
Securities Fund	1 Year			3 Year			5 Year			10 Year

A Shares without sales charge		4.88	%		3.94	%		2.74	%		4.33	%
with sales charge*		2.30	%		3.06	%		2.21	%		4.06	%

C Shares without CDSC		4.04	%		3.11	%		2.11	%		3.84	%
with CDSC*		3.04	%		3.11	%		2.11	%		3.84	%

I Shares		5.08	%		4.14	%		2.98	%		4.58	%

Lehman Brothers Mortgage Backed Securities Index		7.82	%		5.79	%		4.80	%		5.99	%

Merrill Lynch 1-5 Year AAA U.S. Treasury/Agencies Index		9.99	%		5.82	%		3.92	%		5.34	%


Prospectus Expense Ratio¹	Gross

A Shares		0.79	%

C Shares		1.59	%

I Shares		0.59	%


^*		Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

MARYLAND MUNICIPAL BOND FUND

Portfolio Manager

•

George E. Calvert, Jr.

Investment Concerns

The geographical concentration of portfolio holdings in this fund may involve increased risk.

The Fund’s income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Maryland Municipal Bond Fund (I Shares) outperformed the Lipper Maryland Municipal Debt Funds Average¹ for the year, but underperformed the Fund’s benchmark index, the Lehman Brothers 10 Year Municipal Bond Index. The Fund returned 2.07% (I Shares) versus -1.01% for the Lipper average and 3.84% for the Lehman Brothers 10 Year Municipal Bond Index for the period ended March 31, 2008. The best returns were generated in the 1- to 7-year part of the yield curve where bond prices rose. Bond prices fell over this period on 15- years and longer maturities, pushing total returns negative on bonds due 20 years and longer. The Fund held a lower percentage of its assets in long bonds than the Lipper peer group average.¹

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund maintained a shorter duration than the Lipper peer group average and the Lehman index throughout this period. Short- and intermediate-term bonds outperformed longer bonds as the yield curve steepened. Lower quality underperformed high grades during the period as the market demanded wider spreads on bonds rated below AA. Certain sectors of the market, such as senior living and health care credits and all lower investment grade bonds were priced considerably cheaper. We out performed the Lipper average primarily due to our lower exposure to the long end maturities and by reducing our weighting in the sectors that typically provide additional yield. The Lehman Index is a high grade index concentrated at the 8 to 12 year part of the curve and a portfolio constructed in that manner would have outperformed a portfolio that used the entire curve, even one with a similar duration as this index.²

How do you plan to position the Fund, based on market conditions?

We will continue to purchase a diversity of credits and seek a spread to AAA benchmarks with most investments, while adhering to an overall high-grade orientation. The Fund will seek opportunities within the AA and AAA space that offer more yield than, for example, the top bonds such as State of Maryland General Obligations. This is difficult as the state has a limited number of counties and cities that are active issuers and demand is intense given the wealth and higher than average personal income tax rates of residents. We will seek opportunities in lower rated bonds that are potential refunding candidates and bonds whose call features present opportunities for additional income compared to non-call bonds. The yield curve is much steeper than one year ago so the Fund will continue to hold a lower weighting in the very short end, increase the weighting in the 5- to 15-year part of the curve. The Fund will maintain duration at neutral or short to the peer group by holding a lower allocation to the longest part of the curve and a smaller weighting in lower investment grade bonds. The yield curve could steepen further because of higher inflation and the Federal Reserve’s actions to revive the economy.²

¹ The Lipper Maryland Municipal Debt Funds Average reflects the performance of mutual funds with similar objectives tracked by Lipper
Inc. and excludes the effect of sales charges.

MARYLAND MUNICIPAL BOND FUND

The Fund’s performance is compared to the Lehman Brothers 10 Year Municipal Bond Index, which is a widely recognized index of long-term investment grade tax-exempt bonds. The Index includes general obligation bonds, revenue bonds, insured bonds, and pre-funded bonds with maturities between 8 and 12 years. The Index represents various market sectors and geographic locations. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


	Average Annual Total Returns as of 3/31/08
Maryland Municipal Bond Fund	1 Year			3 Year			5 Year			10 Year

A Shares^† without sales charge		1.91	%		3.18	%		3.10	%		4.22	%
with sales charge*		-2.93	%		1.52	%		2.11	%		3.71	%

C Shares without CDSC		1.05	%		2.40	%		2.25	%		3.32	%
with CDSC*		0.06	%		2.40	%		2.25	%		3.32	%

I Shares		2.07	%		3.44	%		3.26	%		4.30	%

Lehman Brothers 10 Year
Municipal Bond Index		3.84	%		4.25	%		4.12	%		5.14	%


Prospectus Expense Ratio¹	Gross

A Shares		0.79	%

C Shares		1.64	%

I Shares		0.64	%


^*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The A Shares were offered beginning on April 13, 2005. The performance shown prior to such date is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share expenses. If it had been, the performance would have been lower.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

NORTH CAROLINA TAX-EXEMPT BOND FUND

Portfolio Manager

• Chris Carter, CFA

Investment Concerns

The geographical concentration of portfolio holdings in this fund may involve increased risk.

The Fund’s income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

For the 12 months ended March 31, 2008, the North Carolina Tax-Exempt Bond Fund had a total return of 0.26% (I Shares) versus an average return of -1.22% for the Lipper North Carolina Municipal Debt Average¹, and a 3.84% total return for the Lehman Brothers 10 Year Municipal Bond Index. The short to intermediate-term portion of the municipal yield curve (the 1- to 7-year sectors) provided the greatest total returns during the period (according to Lehman Brothers). Increasing the Fund’s exposure to those maturities over the past 12 months aided the Fund’s performance against its peer group. The Fund maintained an overweight of less than 1-, 5-, 10-, and 20-year paper. Trading activity and portfolio events during the period resulted in exposure to the 5-year, 7-year, 10-year, and 20-year sectors being increased, and exposure to the less than 1-year, 15-year, and long bond sectors being reduced. The 5- and 10-year generic AAA rated municipal bond yields declined 64 and 4 basis points (0.64% and 0.04%) respectively, over the 12 months, while 30-year yields increased 77 basis points (0.77%). The 2- to 30-year municipal bond yield curve steepened 209 basis points (2.09%) to 267 basis points (2.67%) of slope.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The factors behind the Fund’s outperformance against its peer group were its high relative allocation to bonds with 4 to 8-year final maturities, credit quality, and individual security structure and selection. However, although the Fund outperformed its peer group for the period it did underperform against its benchmark index. The Fund’s underperformance is attributed to a few factors, such as the index limits itself to five specific maturities in the intermediate portion of the yield curve while the Fund utilizes the entire yield curve in the portfolio management process, and the Fund is state specific whereas the index is a national market index.

How do you plan to position the Fund, based on market conditions?

The Fund continues to favor premium bonds (prices greater than par) for their income benefit and relative price stability. All activity will occur within an investment grade construct and the average credit quality of Fund holdings should remain high.


¹		The Lipper North Carolina Municipal Debt Funds Average is average of mutual funds that invests at least 65% of their assets in municipal debt issues that are exempt from taxation in North Carolina, with dollar-weighted average maturities of five to ten years.

NORTH CAROLINA TAX-EXEMPT BOND FUND

This chart assumes an initial hypothetical investment of $10,000 made on 1/8/04. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Lehman Brothers 10 Year Municipal Bond Index, which is a widely recognized index of long-term investment grade tax-exempt bonds. The Index includes general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds with maturities between 8 and 12 years. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08
North Carolina									Since
Tax-Exempt Bond Fund	Inception Date^†		1 Year			3 Year			Inception

A Shares without sales charge		01/08/04		0.01	%		2.94	%		2.66	%
with sales charge*				-4.74	%		1.29	%		1.48	%

I Shares		01/08/04		0.26	%		2.96	%		2.66	%

Lehman Brothers 10 Year
Municipal Bond Index				3.84	%		4.25	%		—


Prospectus Expense Ratio¹	Gross

A Shares		0.77	%

I Shares		0.62	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% .

^†		The I Shares and A Shares were offered beginning on 3/21/05. The performance shown prior to such date is based on the performance of the CCMI Tax-Exempt North Carolina Bond Fund, the predecessor fund. The historical performance has not been adjusted to reflect A Share expenses. If it had been, the performance would have been lower.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

SEIX FLOATING RATE HIGH INCOME FUND

Portfolio Manager(s)

• George Goudelias

• Michael McEachern, CFA

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Seix Floating Rate High Income Fund returned -3.85% (I Shares) for the 12 months ended March 31, 2008, outperforming its benchmark, the Credit Suisse First Boston Institutional Leveraged Loan Index which returned -4.83% for the same period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Our focus over the past year was on continuing to improve the overall quality of the portfolio. As of March 31, 2008 the Fund consisted of over 50% issuers rated BB or higher. We continue to underweight or void industries and sectors that we believe will experience pressure due to slower economic growth such as those tied to the consumer. This includes underweights in Food/ Tobacco, Service-Related and Consumer Non-Durables. We have increased our overweights in sectors that we believe exhibit resiliency such as Health Care, Energy, and Utilities.¹

How do you plan to position the Fund, based on market conditions?

The Leveraged Loan Market has had a difficult first quarter. Continuing from late 2007, we believe that the absence of demand, continued concerns regarding the health of the U.S. economy, rising defaults, lower LIBOR² resets, overhang of supply and the collapse of Bear Stearns in March, led the Loan market into a deep freeze.

What we believe to be different and frustrating in this cycle is that no corner of the Loan market has been spared. What do we feel changed to reverse this trend in late February? For one, the Federal Reserve (the “Fed”) is doing everything in its power to prop up the markets and improve liquidity. In addition, the Fed has allowed cash strapped commercial banks and primary dealers the ability to lend virtually any type of collateral for extended periods through the discount window.

Valuations appear cheap and liquidity and stability began to creep back into the markets late in February, continuing in March. Reflecting improvement in overall market conditions, the Fund’s net asset value has begun to improve. Although we expect some pockets of volatility centering on headline risks, we believe the Loan market should continue on the mend as the forward pipeline thaws and dealers successfully work off balance sheet risks. As the growth prospects for the U.S. become more transparent, so too will the outlook for defaults, and tiering should lead to a more bifurcated Loan market.

Our focus will remain on making good fundamental credit decisions, structuring a high quality portfolio and continuing to take advantage of opportunities that we feel may lead to attractive long term returns.


²		LIBOR is an interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. The LIBOR is fixed on a daily basis by the British Bankers’ Association. The LIBOR is derived from a filtered average of the world’s most creditworthy banks’ interbank deposit rates for larger loans with maturities between overnight and one full year.

SEIX FLOATING RATE HIGH INCOME FUND

This chart assumes an initial hypothetical investment of $10,000 made on 3/1/06. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Credit Suisse First Boston (“CSFB”) Institutional Leveraged Loan Index, which is a subindex of the Credit Suisse First Boston Leveraged Loan Index which contains only institutional loan facilities priced above 90, excluding TL and TLa facilities and loans rated CC, C or in default. It is designed to more closely reflect the investment criteria of institutional investors. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08
				Since
Seix Floating Rate High Income Fund		Inception Date^†	1 Year	Inception
A Shares	without sales charge	03/01/06	-4.25%		1.31	%
	with sales charge*		-6.68%		0.07	%

C Shares	without CDSC	03/01/06	-4.48%		1.28	%
	with CDSC*		-5.37%		1.28	%

I Shares		03/01/06	-3.85%		1.60	%

CSFB Institutional Leveraged Loan Index			-4.83%		—


Prospectus Expense Ratio¹	Net			Gross
A Shares		0.85	%		0.85	%

C Shares		1.55	%		1.55	%

I Shares		0.55	%		0.55	%

The Adviser has contractually agreed to waive fees and reimburse expenses until at least August 1, 2008 in order to keep total operating expenses from exceeding the gross fees listed above for A, C, and I Shares, respectively. Without these fee waivers, performance would have been lower.


*		Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The A Shares and C Shares were offered beginning on 5/8/06 and 8/2/07, respectively. The performance shown prior to such date is based I Shares of the Fund, and has not been adjusted to reflect A Share or C Share expenses. If it had been, the performance would have been lower.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

SEIX HIGH YIELD FUND

Portfolio Manager(s)

•		Michael McEachern, CFA

•		Michael Kirkpatrick

Investment Concerns

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Seix High Yield Fund returned -2.50% (I Shares) for the 12 months ended March 31, 2008, underperforming its benchmark, the Merrill Lynch High Yield BB/B Rated Constrained Index which returned -1.51% for the same period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Over the past year it became apparent that problems in the housing and credit markets were beginning to affect consumer spending—the largest sector in the economy. Consumer confidence dropped, which led to softness in retail sales. In late 2007, strong exports, which boomed with the weak dollar, were able to offset much of the downturn in residential construction. With the consumer pulling back, however, we believe it will be difficult for foreign demand to offset these negative headwinds.

Since we are mindful of the possibility of a lengthy economic downturn, we are underweighting cyclical industries and issuers in the Fund. Autos remain underweighted at less than 2% exposure per issuer. We also pared positions in fully priced recently LBO’d companies. We continue to underweight Homebuilders and Retail and remain void in mortgage providers. Since the market bottom in mid-March, we have increased exposure to the Healthcare industry. Our key focus remains on protecting downside risk. Asset protection is currently our most important tenet. With a strong base, we believe companies will be able to sell assets or attract funding in difficult markets. Therefore, we are overweighted in the more stable industries, including Telecom, Cable and Energy.¹

How do you plan to position the Fund, based on market conditions?

While we expect volatility in these bellwether lower quality credits to continue and it is possible that they may react positively to specific news, we believe our avoidance of shaky credits will pay off in the long run.

Despite the general outlook for the economy and defaults, we believe that high quality high yield currently presents an attractive opportunity. Spreads versus Treasuries are discounting default rates of 9-10% and most forecasters expect rates to peak at about half that level. In addition, while spreads on BB- and B-rated bonds appear to be peaking, it is possible for CCC’s to go much wider. BB’s and B’s are within 15% of their widest level, while CCC spreads can nearly double before reaching their previous peak. We believe that much of the expected bad news is already priced into high quality high yield and that CCC’s may be hit with the majority of negative fundamental and technical jolts in the near future. With a comfortable portfolio yield of over 8% and our focus on avoiding the worst performing sectors and securities, we believe Fund returns may be less volatile over the next year compared with the last twelve months.

SEIX HIGH YIELD FUND

This chart assumes an initial hypothetical investment of $10,000 made on 12/29/00. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

Effective August 1, 2007, the Fund transitioned its benchmark from the Merrill Lynch High Yield Master Index to the Merrill Lynch U.S. High Yield BB/B Rated Constrained Index to better reflect the Fund’s investment strategy. The Merrill Lynch U.S. High Yield BB/B Rated Constrained Index tracks the performance of BB/B U.S. dollar denominated corporate bonds publicly issued in the U.S. domestic market,and is restricted to a maximum of 2% per issuer. The Merrill Lynch High Yield Master Index consists of all domestic and Yankee high-yield bonds maturing over one year. The quality range is less than BBB-/Baa3 but not in default (DDD1 or less). These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08^†
												Since
Seix High Yield Fund		Inception Date^†	1 Year			3 Year			5 Year			Inception
A Shares	without sales charge	12/29/00		-2.65	%		3.62	%		5.52	%		6.75	%
	with sales charge*			-7.28	%		1.96	%		4.50	%		6.03	%

C Shares	without CDSC	12/29/00		-3.40	%		2.78	%		5.02	%		6.48	%
	with CDSC*			-4.31	%		2.78	%		5.02	%		6.48	%

I Shares		12/29/00		-2.50	%		3.74	%		5.69	%		6.95	%

Merrill Lynch U.S. High Yield BB/B Rated
Constrained Index				-1.51	%		4.94	%		7.83	%		—

Merrill Lynch High Yield Master Index				-3.44	%		4.91	%		8.45	%		—


Prospectus Expense Ratio¹	Gross
A Shares		0.74	%

C Shares		1.49	%

I Shares		0.49	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The I Shares, A Shares and C Shares were offered beginning on 10/11/04. The performance shown prior to such date is based on the performance of the Class I Shares of the Seix High Yield Fund, an open-end investment company that was the predecessor fund to the Seix High Yield Fund. The historical performance has not been adjusted to reflect A Share or C Share expenses. If it had been, the performance would have been lower.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

SHORT-TERM BOND FUND

Portfolio Manager(s)

•

Robert W. Corner

•

H. Rick Nelson

•

Chad Stephens

Investment Concerns

The Fund is subject to the risk that principal value reacts in opposition to the movement of interest rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The fiscal year ended March 31, 2008 presented many challenges for investors. The Short-Term Bond Fund (I Shares) successfully navigated this past year’s road bumps and outperformed many similar funds. The Fund returned 5.63% (I Shares) for the year placing it in the top quartile of the Lipper Short Investment Grade Debt Funds category. The average return for the Lipper category for the same time period was 2.17%. However, the Fund did not outperform the 8.27% return for its benchmark index, the Citigroup 1-3 Year Government/Credit Index.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The financial markets entered the year optimistically with the overnight federal funds rate steady at 5.25%, rising U.S. Treasury yields, a flat yield curve, relatively tight credit spreads, a stable economy, the S&P 500 at 1421, oil at $66 bbl, and only the beginning hints of a weakening housing market.

However, the end of the year (March 31, 2008) certainly portrayed a much different landscape: The Federal Reserve (the “Fed”) had lowered the fed funds rate to 2.25%, U.S. Treasury yields were lower, the yield curve had normalized (steeper), credit spreads were wider, the economy was on the brink of recession, the S&P 500 was down at 1323, oil was up to $102 bbl, and the housing market had cratered.

In this tumultuous environment, the Fund performed above its peer group due to the Fund’s relatively higher quality focus and better security selection. Specifically, the Fund was underweight corporate credit for most of the year and avoided many of the financial names that were blemished in the collapse of the subprime mortgage market. In addition, the Fund had no exposure to subprime mortgage asset backed securities, CDO’s, SIV’s, or ABCP.¹

Although the Fund outperfomed against its peer group, the Fund did underperform against its benchmark index. The two main drivers of this relative underperformance to the benchmark was the Fund’s underweight allocation to the US Treasury sector coupled with the Fund’s overweight allocation to the Mortgage Backed Securities (MBS) sector.¹

SHORT-TERM BOND FUND

The Fund’s performance is compared to the Citigroup 1-3 Year Government/Credit Index which is a widely recognized index of U.S. Treasury securities, government agency obligations, and corporate debt securities rated at least investment grade (BBB). The securities in the Index have maturities of 1 year or greater and less than 3 years. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
Short-Term Bond Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		5.30	%		4.47	%		3.01	%		3.92	%
	with sales charge*		2.68	%		3.59	%		2.49	%		3.66	%

C Shares	without CDSC		4.46	%		3.69	%		2.43	%		3.45	%
	with CDSC*		3.46	%		3.69	%		2.43	%		3.45	%

I Shares	without load		5.63	%		4.69	%		3.25	%		4.13	%

Citigroup 1-3 Year Government/Credit Index			8.27	%		5.34	%		3.79	%		5.17	%


Prospectus Expense Ratio¹	Gross

A Shares		0.66	%

C Shares		1.46	%

I Shares		0.46	%


*		Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

SHORT-TERM U.S. TREASURY SECURITIES FUND

Portfolio Manager(s)

•

H. Rick Nelson

•

Chad Stephens

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The fiscal year ended March 31, 2008 presented many challenges for investors. The Short-Term U.S. Treasury Securities Fund was relatively immune to many of this past year’s road bumps due to its sole focus on investing in U.S. Treasury securities. The Fund returned 8.56% (I Shares) for the year placing it ahead of the average return of the Lipper Short U.S. Treasury Funds category. The average return for the Lipper category for the same period was 8.40%. The Fund also outperformed the 4.59% return for the Citigroup 6 Month Treasury Bill Index but underperformed the 9.01% return for the Citigroup 1-3 Year Treasury Index.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

In this tumultuous environment, the Fund’s absolute return surged due to the “flight to quality” environment that took hold as most investors avoided risk and sought the safety of U.S. Treasury securities. The Fund slightly underperformed its benchmark index for the period; the underperformance was due primarily to management fees, which are associated with a mutual fund but not associated with our benchmark index, 1-3 year U.S. Treasury index. The Fund’s return for the year was 8.56%, which compared favorably to the 1-3 year U.S. Treasury index return of 9.01% for the year.

SHORT-TERM U.S. TREASURY SECURITIES FUND

The Fund’s performance is compared to the Citigroup 1-3 Year Treasury Index which is a widely recognized index of U.S. Treasury securities with maturities of one year or greater and less than three years. The Citigroup 6 Month Treasury Bill Index is a widely recognized index of the 6 month U.S. Treasury Bills. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Short-Term U.S. Treasury		Average Annual Total Returns as of 3/31/08
Securities Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		8.37	%		4.75	%		2.94	%		3.96	%
	with sales charge*		5.69	%		3.88	%		2.43	%		3.69	%

C Shares	without CDSC		7.60	%		3.99	%		2.39	%		3.58	%
	with CDSC*		6.60	%		3.99	%		2.39	%		3.58	%

I Shares			8.56	%		4.93	%		3.12	%		4.13	%

Citigroup 1-3 Year Treasury Index			9.01	%		5.39	%		3.60	%		4.90	%

Citigroup 6 Month Treasury Bill Index			4.59	%		4.37	%		3.15	%		3.72	%


Prospectus Expense Ratio¹	Gross

A Shares		0.70	%

C Shares		1.52	%

I Shares		0.52	%


*		Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

STRATEGIC INCOME FUND

Portfolio Manager(s)

•	Michael McEachern, CFA

•	Adrien Webb, CFA

•	Brian Nold

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

International investing involves increased risk and volatility.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Strategic Income Fund returned 3.43% (I Shares) for the 12 months ended March 31, 2008, underperforming its benchmark, the Strategic Income Hybrid Index—a 34/33/33% composite index of the Merrill Lynch AAA Treasury/Agency Master, the Merrill Lynch U.S. High Yield Master II and the Merrill Lynch Global Government Bond II ex U.S. Indexes—which returned 3.98% for the same period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

We pared back positions in leveraged buyout and lesser performing high yield issuers such as GMAC, along with sovereigns including Brazil (0.35% of the Fund) and Argentina and Japan. We instituted positions in the preferred stock of Bank of America (0.42% of the Fund) and Credit Suisse at attractive yields.¹

Our opportunistic use of emerging markets debt and securitized assets was the primary reason for the first quarter underperformance of the Fund. While our exposure to high quality high yield outperformed its portion of the benchmark, our slight overweight to the sector detracted from performance. Our Treasury allocation cushioned returns when a flight to quality developed in the domestic capital markets. Our long position in the Yen early in the period and bullish position on domestic interest rates throughout the quarter added nominal value. The Fund continues to significantly outperform its benchmark over the standard longer term horizons.¹

How do you plan to position the Fund, based on market conditions?

Our cautious approach over the past year has been prudent. We have avoided subprime mortgages, structured investment vehicles, auction rate securities, collateralized debt obligations and severely distressed financial companies. We focused instead on bonds with transparent income statements and balance sheets. In our quest for value, we are actively exploring non-Index solutions as well as those securities found in market indices.¹

The Federal Reserve Board (the “Fed”) began an easing mode between September and March reducing the federal funds rate by 300 basis points (3.00%), which has established its willingness to stimulate the economy by lowering rates and providing liquidity to the banking system. In addition, multiple lending initiatives incorporating international support and the unprecedented ability for primary bond dealers to borrow from the Treasury has been put in place by the Federal Reserve. We believe that a government-sponsored homeowner mortgage bailout to forestall foreclosures may be necessary for a full economic recovery. A recession, however short-lived, seems likely but is not a certainty.

STRATEGIC INCOME FUND

The Fund’s performance is compared to the Strategic Income Hybrid Index is composed of 34% of the Merrill Lynch AAA U.S. Treasury/Agency Master Index, 33% of the Merrill Lynch U.S. High Yield Master II Index and 33% of the Merrill Lynch Global Government Bond II ex U.S. Index. Merrill Lynch AAA U.S. Treasury/Agency Master Index tracks the performance of the combined U.S. Treasury and U.S. agency markets. Merrill Lynch U.S. High Yield Master II Index is a market-value weighed (higher market value bonds have more influence than lower market value bonds) index that tracks the performance of below investment grade U.S. dollar-denominated corporate bonds publicly issued in the U.S. domestic market. Merrill Lynch Global Government Bond II ex U.S. Index is a subset of the Merrill Lynch Global Government Bond Index including Belgian, Danish, Irish, Italian, New Zealand, Portuguese, Spanish, and Swedish returns. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08
												Since
Strategic Income Fund	Inception Date		1 Year			3 Year			5 Year			Inception

A Shares without sales charge		10/08/03		3.10	%		3.74	%		N/A			5.09	%
with sales charge*				-1.75	%		2.08	%		N/A			3.94	%

C Shares without CDSC		11/30/01		2.50	%		3.08	%		5.07	%		4.74	%
with CDSC*				1.53	%		3.08	%		5.07	%		4.74	%

I Shares		11/30/01		3.43	%		4.03	%		5.88	%		5.47	%

Merrill Lynch AAA U.S. Treasury/Agency Master Index				11.52	%		6.46	%		4.72	%		—

Merrill Lynch U.S. High Yield Master II Index				-3.51	%		4.90	%		8.57	%		—

Merrill Lynch Global Government Bond II ex U.S. Index				6.28	%		4.99	%		4.37	%		—

Strategic Income Hybrid Index				3.98	%		4.66	%		5.39	%		—


Prospectus Expense Ratio¹	Gross

A Shares		1.05	%

C Shares		1.75	%

I Shares		0.75	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

TOTAL RETURN BOND FUND

Portfolio Manager(s)

•		Adrien Webb, CFA

•		Perry Troisi

•		Michael Rieger

Investment Concerns

Bonds offer a relatively stable level of income, although bond prices will fluctuate providing the potential for principal gain or loss. Intermediate-term, higher-quality bonds generally offer less risk than longer-term bonds and a lower rate of return.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Total Return Bond Fund returned 6.74% (I Shares) for the 12 months ended March 31, 2008, underperforming its benchmark, the Lehman Brothers U.S. Aggregate Index, which returned 7.67% for the same period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Pricing anomalies developed in tax-free municipals as spreads soared. Municipals came under pressure when the monolines’ credit quality was questioned, auctions failed and short term rates declined rapidly. As these events converged and spreads widened, a rare opportunity for tax-exempt investors developed. Similar trends have formed in the Commercial Mortgage Backed Securities (CMBS) market. Despite little correlation to residential mortgage problems, CMBS spreads balloon as leveraged parties continue to sell. Concentrating primarily in the new issue corporate market, we added to industries that can withstand the possibility of an economic slowdown. We also used the backup in spreads to become neutral in the top banks and brokers. We believe selectively overweighting credit as the crisis deepens over time could provide alpha¹ when spreads naturally recover.

The overwhelming majority of our underperformance came from the spread sectors, namely the securitized sector and corporates. Bouts of illiquidity in the non-agency MBS and CMBS sectors contributed to the decline despite a AAA average quality rating and the concentration in the most senior tranches. While security selection in corporates generated value, our overweight to the sector was compromised by continued spread widening. Foreign currency activity generated a slight disadvantage. Our curve steepener was beneficial in light of the Federal Reserve’s significant easing stance, and our void in government related issues was a positive contributor to Fund performance. High yield was removed in January but resulted in a nominal loss of relative return.²

How do you plan to position the Fund, based on market conditions?

Beginning in August, we avoided trouble by buying high quality bonds with superior asset protection. During the market decline, the Fund held no subprime mortgages, structured investment vehicles (SIVs), auction rate securities, collateralized debt obligations, leveraged derivatives or Bear Stearns, MBIA or Washington Mutual debt. We focused instead on less complex mortgage securities and corporate bonds with transparent income statements and balance sheets. When markets continued to lag this year, we further diversified our holdings.²

Treasuries doubled the returns of every other investment grade bond sector in the first quarter making security selection ever more important. In our quest for value, we are actively exploring both non-Index securities as well as those included in the broad market indices. We fully expect the negative market response to spread product to improve and we are positioned to succeed when it materializes.²


¹		Alpha measures a fund’s risk-adjusted performance and represents the difference between a fund’s actual performance and its expected performance, given its level of risk as measured by beta.

TOTAL RETURN BOND FUND

The Fund’s performance is compared to the Lehman Brothers U.S. Aggregate Index which is an index of U.S. bonds, which includes reinvestment of any earnings and is widely used to measure the overall performance of the U.S. bond market. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


	Average Annual Total Returns as of 3/31/08
Total Return Bond Fund	1 Year			3 Year			5 Year			10 Year

A Shares without sales charge		6.28	%		4.47	%		4.04	%		5.15	%
with sales charge*		1.24	%		2.78	%		3.03	%		4.64	%

C Shares without CDSC		5.68	%		3.82	%		3.73	%		5.03	%
with CDSC*		4.68	%		3.82	%		3.73	%		5.03	%

I Shares		6.74	%		4.83	%		4.39	%		5.36	%

Lehman Brothers U.S. Aggregate Index		7.67	%		5.48	%		4.58	%		6.04	%


Prospectus Expense Ratio¹	Gross

A Shares		0.55	%

C Shares		1.30	%

I Shares		0.30	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The I Shares and C Shares were offered beginning on 10/11/04. The performance shown prior to such date is based on the performance of the Class I Shares of the Seix Core Bond Fund, the predecessor fund to the Total Return Bond Fund. The A Shares were offered beginning on 10/11/04. The performance shown from 1/25/02 to such date is based on the performance of the Class P Shares of the Seix Core Bond Fund. The performance shown prior to 1/25/02 is based on the performance of the Class I Shares of the Seix Core Bond Fund. The historical performance has not been adjusted to reflect A Share or C Share expenses. If it had been, the performance would have been lower.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

ULTRA-SHORT BOND FUND

Portfolio Manager(s)

•		Robert W. Corner

•		H. Rick Nelson

•		Chad Stephens

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The fiscal year ended March 31, 2008 presented many challenges for investors. The Ultra-Short Bond Fund successfully navigated this past year’s road bumps. The Fund returned 3.89% (I Shares) for the year placing it in the top quartile of the Lipper Ultra-Short Obligations Funds category. The average return for the Lipper category for the same time period was -0.24%. The Fund underperformed the 4.61% return for its benchmark index, the Citigroup 6 Month Treasury Bill Index.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

However, the end of the year (March 31, 2008) certainly portrayed a much different landscape: The Federal Reserve (the “Fed”) had lowered the Fed Funds rate to 2.25%, U.S. Treasury yields were lower, the yield curve had normalized (steeper), credit spreads were wider, the economy was on the brink of recession, the S&P 500 was down at 1323, oil was up to $102 bbl, and the housing market had cratered.

In this tumultuous environment, the Fund performed above its peer group due to the Fund’s relatively higher quality focus and better security selection. Specifically, the Fund avoided many of the financial names that were blemished in the collapse of the subprime mortgage market. In addition, the Fund had very limited exposure to subprime mortgage asset backed securities, and no exposure to collateralized debt obligations, structured investment vehicles, or asset-backed commercial paper.

The main drivers of our performance relative to the benchmark were our underweight allocation to U.S. Treasury securities, our allocation to corporate credit, especially floating rates securities, along with the allocation to mortgage backed securities (MBS).

ULTRA-SHORT BOND FUND

This chart assumes an initial hypothetical investment of $10,000 made on 4/15/02. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Citigroup 6 Month U.S. Treasury Bill Index which is a widely recognized index of the 6 Month U.S. Treasury Bills. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08
Ultra-Short Bond Fund	Inception Date		1 Year			3 Year			5 Year			Since Inception

I Shares		04/15/02		3.89	%		4.18	%		3.00	%		3.05	%

Citigroup 6 Month U.S. Treasury Bill Index				4.61	%		4.30	%		3.01	%		—


Prospectus Expense Ratio¹	Gross

I Shares		0.32	%


¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

U.S. GOVERNMENT SECURITIES FUND

Portfolio Manager(s)

•		Perry Troisi

•		Michael Rieger

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The U.S. Government Securities Fund returned 8.04% (I Shares) for the 12 months ended March 31, 2008, underperforming its benchmark, the Lehman Brothers U.S. Government Bond Index, which returned 11.45% for the same period.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund reduced its exposure to floating rate assets by selling adjustable rate CMOs and purchasing fixed rate 15 year FNMA discount pools and 30 year GNMA higher coupon pools that we believe will have less duration and prepayment risk in the current environment. Spread advantages have surfaced recently which have made the higher quality GNMA pools more attractive than both FHLMC and FNMA. Select Non-Agency MBS securities were also sold for liquidity purposes.¹

Recent volatility in the mortgage market has caused spreads to widen relative to Treasury and Agency debentures. In addition, the added yield incentives of Agency CMOs and Non-Agency MBS, while retaining AAA quality, have recently been compromised by pricing anomalies in the market. Our overweight to mortgages and underweight to Treasuries during the flight to quality of Government securities resulted in lagging performance.¹

How do you plan to position the Fund, based on market conditions?

Our cautious approach over the past year has been prudent. We have avoided subprime mortgages, structured investment vehicles, auction rate securities, collateralized debt obligations, and leveraged derivatives. We focused instead on less complex mortgage securities and bonds with transparent collateral. In our quest for value, we are actively exploring non-Index solutions as well as those securities found in market indices.

The Federal Reserve Board (the “Fed”) began an easing mode between September and March reducing the federal funds rate by 300 basis points (3.00%), which has established its willingness to stimulate the economy by lowering rates and providing liquidity to the banking system. In addition, multiple lending initiatives incorporating international support and the unprecedented ability for primary bond dealers to borrow from the Treasury has been put in place by the Fed. We believe that a government-sponsored homeowner mortgage bailout to forestall foreclosures may be necessary for a full economic recovery. A recession, however short-lived, seems likely but is not a certainty.

U.S. GOVERNMENT SECURITIES FUND

Effective March 31, 2008, the Fund transitioned its benchmark from the Merrill Lynch Government/Mortgage Custom Index to the Lehman Brothers U.S. Government Bond Index to better reflect the Fund’s investment objective. The Lehman Brothers Government Bond Index is composed of the U.S. Treasury and U.S. Agency Indices. The U.S. Government Index includes Treasuries (public obligations of the U.S. Treasury that have remaining maturities of more than one year) and U.S. agency debentures (publicly issued debt of U.S. Government agencies, quasi-federal corporations, and corporate or foreign debt guaranteed by the U.S. Government). The U.S. Government Index is a component of the U.S. Government/Credit Index and the U.S. Aggregate Index. The Merrill Lynch Government/Mortgage Custom Index is a synthetic index created by combining, at their respective market weights (i) Merrill Lynch Government Master Index, which is a widely recognized index composed of U.S. Treasury securities and U.S. government agency securities with a maturity of at least 1 year; and (ii) Merrill Lynch Mortgage Master Index, which is a widely recognized index composed of mortgage-backed securities including 15 and 30 year single family mortgages in addition to aggregated pooled mortgages. These indices are unmanaged and do not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


		Average Annual Total Returns as of 3/31/08
U.S. Government Securities Fund		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		7.72	%		4.87	%		3.47	%		4.86	%
	with sales charge*		2.64	%		3.18	%		2.47	%		4.35	%

C Shares	without CDSC		6.97	%		4.15	%		2.83	%		4.27	%
	with CDSC*		5.97	%		4.15	%		2.83	%		4.27	%

I Shares			8.04	%		5.15	%		3.83	%		5.24	%

Lehman Brothers U.S. Government
Bond Index			11.45	%		6.44	%		4.71	%		6.18	%

Merrill Lynch Government/Mortgage
Custom Index			9.75	%		6.17	%		4.80	%		6.13	%


Prospectus Expense Ratio¹	Gross

A Shares		0.85	%

C Shares		1.55	%

I Shares		0.55	%


^*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

U.S. GOVERNMENT SECURITIES ULTRA-SHORT BOND FUND

Portfolio Manager(s)

•		Robert W. Corner

•		H. Rick Nelson

•		Chad Stephens

Investment Concerns

U.S. Government guarantees apply only to the underlying securities of the Fund’s portfolio and not the Fund’s shares.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The fiscal year ended March 31, 2008 presented many challenges for investors. The U.S. Government Securities Ultra-Short Bond Fund (I Shares) successfully navigated this past year’s road bumps and outperformed many similar Funds. The Fund (I Shares) returned 5.41% for the year placing it in the top decile of the Lipper Ultra-Short Obligations Funds category. The average return for the Lipper category for the same time period was -0.24%.

The Fund’s return for the year compared favorably to the Citigroup 6 Month U.S. Treasury Bill index return of 4.59% for the year. The main drivers of the Fund’s performance relative to the benchmark was price appreciation as yields declined and the generally higher income level provided by adjustable rate mortgages.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The financial markets entered the year optimistically with the overnight federal funds rate steady at 5.41%, rising U.S. Treasury yields, a flat yield curve, relatively tight credit spreads, a stable economy, the S&P 500 at 1421, oil at $66 bbl, and only the beginning hints of a weakening housing market.

In this tumultuous environment, the Fund performed above its peer group due to the Fund’s sole focus on U.S. Government securities. Specifically, the Fund is not permitted to investment subprime mortgages, CDO’s, SIV’s, or ABCP. A majority of the Fund’s investments are U.S. Government Agency Adjustable Rate Mortgages (ARMs), which performed very well compared to many other mortgage backed securities.

U.S. GOVERNMENT SECURITIES ULTRA-SHORT BOND FUND

This chart assumes an initial hypothetical investment of $10,000 made on 4/11/02. Total return is based on net change in N.A.V. (net asset value) assuming reinvestment of distributions. Returns shown on this page include reinvestment of all dividends and other distributions.

The Fund’s performance is compared to the Citigroup 6 Month Treasury Bill Index which is a widely recognized index of the 6-Month U.S. Treasury Bills. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


			Average Annual Total Returns as of 3/31/08
U.S. Government Securities
Ultra-Short Bond Fund	Inception Date		1 Year			3 Year			5 Year			Since Inception

I Shares		04/11/02		5.41	%		4.67	%		3.23	%		3.26	%

Citigroup 6 Month Treasury Bill Index				4.59	%		4.37	%		3.15	%		—


Prospectus Expense Ratio¹	Gross

I Shares		0.37	%


¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

VIRGINIA INTERMEDIATE MUNICIPAL BOND FUND

Portfolio Manager

• George E. Calvert, Jr.

Investment Concerns

The geographical concentration of portfolio holdings in this fund may involve increased risk.

The Fund’s income may be subject to certain state and local taxes and, depending on your tax status, the federal alternative minimum tax.

The Fund is subject to the risk that principal value reacts in opposition to the movement of interests rates and that a rising interest rate environment increases the risk of loss of principal.

Management Discussion of Fund Performance

How did the Fund perform against its benchmark for the period ended March 31, 2008?

The Virginia Intermediate Municipal Bond Fund outperformed the Lipper Other Single State Intermediate Debt Funds Average¹ for the
12-month period ended March 31, 2008, but underperformed the Fund’s benchmark index, the Lehman Brothers 5 Year Municipal Bond Index. The Fund returned 3.51% (I Shares) versus 2.54% for the Lipper average and 6.19% for the Lehman Brothers 5 Year Municipal Bond Index. The best returns were generated in the 1- to 7-year part of the yield curve where bond prices advanced. Bond prices declined for 15-year and longer maturities, pushing total returns into negative territory on 20-year and longer bonds. Market indices that are “bulleted” to 10-year and shorter maturities outperformed portfolios that use a wider portion of the yield curve.

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund held a lower duration portfolio than the Lipper peer group average and improved its overall credit quality during this period. Short- to intermediate-term bonds outperformed the long end as the curve steepened. Lower quality bonds underperformed as the market demanded wider spreads on bonds rated below AA, especially in sectors such as senior living and health care. The Fund benefited as some higher yielding paper was refunded. We outperformed the Lipper average by increasing weighting in the 3- to 15-year area and by reducing cash, very short bonds, and paper in the 15- to 20-year range. A reduced exposure to sectors that provide additional yield also assisted performance. The Lehman index is a high grade index that is concentrated in 4- to 6-year maturities where returns were greatest over this period. An index constructed in that manner would have outperformed a portfolio such as the Fund that used a wider maturity spectrum even though the Fund maintained a similar duration as the index.

How do you plan to position the Fund, based on market conditions?

We will continue to purchase a diversity of credits and seek a spread to AAA benchmarks with most investments while adhering to an overall high-grade orientation. The Fund will seek opportunities within the AA and AAA space that offer more yield than, for example, the best AAA rated, General Obligations. We will look for opportunities in lower rated bonds that are refunding candidates and bonds whose call features present opportunities for additional income compared to non-call bonds. The yield curve is much steeper than a year ago so the Fund should underweight the very short end and increase weighting in the 5- to 12-year part of the curve while maintaining duration at neutral or shorter to the peer group. We will hold a lower allocation to the 20-year area part of the curve than in the past and a smaller weighting in lower investment grade bonds as we expect to see the curve steepen further as the Federal Reserve lowers money market rates and inflation becomes more of a concern.


¹		The Lipper Other Single States Intermediate Municipal Debt Funds Average consists of managed mutual funds that invest in municipal debt issues with dollar-weighted average maturities of five to ten years. It is not possible to invest directly in any index.

VIRGINIA INTERMEDIATE MUNICIPAL BOND FUND

The Fund’s performance is compared to the Lehman Brothers 5 Year Municipal Bond Index a widely recognized index of intermediate investment grade tax-exempt bonds. The index includes general obligation bonds, revenue bonds, insured bonds and pre-refunded bonds with maturities between 4 and 6 years. The index is unmanaged and does not reflect the deduction of fees or taxes associated with a mutual fund, such as investment management and fund accounting fees. Investors cannot invest directly in an index.


Virginia Intermediate		Average Annual Total Returns as of 3/31/08
Municipal Bond Fund^†		1 Year			3 Year			5 Year			10 Year

A Shares	without sales charge		3.36	%		3.60	%		3.08	%		3.95	%
	with sales charge*		-1.51	%		1.94	%		2.09	%		3.45	%

C Shares	without CDSC		2.48	%		2.89	%		2.70	%		3.77	%
	with CDSC*		1.49	%		2.89	%		2.70	%		3.77	%

I Shares			3.51	%		3.74	%		3.21	%		4.02	%

Lehman Brothers 5 Year
Municipal Bond Index			6.19	%		4.19	%		3.42	%		4.65	%


Prospectus Expense Ratio¹	Gross
A Shares		0.75	%

C Shares		1.60	%

I Shares		0.60	%


*		Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only.

^†		The C Shares were offered beginning on 9/1/05. The C Shares performance between 1/11/93 to 9/1/05 is that of the I Shares of the Fund, and has not been adjusted to reflect C Share expenses. If it had been, performance would have been lower.

¹		Additional information pertaining to the March 31, 2008 expense ratios can be found in the financial highlights.

PRIME QUALITY MONEY MARKET FUND

Portfolio Manager(s)

•		Michael G. Sebesta, CFA,

•		Kimberly C. Maichle, CFA

•		E. Dean Speer, CFA, CPA

•		Sonny Surkin

•		J.P. Yarusinski, CFA

Investment Concerns

An investment in the Prime Quality Money Market Fund (the “Fund”) is not insured or guaranteed by the FDIC or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Fed will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We believe the portfolio is structured to benefit from stabilization in rates and an eventual steepening of the LIBOR¹ curve by increasing the allocation to monthly and quarterly LIBOR based floaters.²

Yields and Maturity Distribution


Yields (as of March 31, 2008)	A Shares			C Shares			I Shares
7 Day Average Yield		2.49	%		2.39	%		2.64	%
7 Day Effective Yield		2.52	%		2.41	%		2.67	%
30 Day Average Yield		2.68	%		2.58	%		2.83	%

Investment performance reflects voluntary fee waivers, which may be discontinued at any time. In absence of such fee waivers, yield would be reduced. However, due to rounding, the yields were not materially affected.

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. For performance data current to the most recent month end, visit our website at www.ridgeworthfunds.com.

The yield quotation more closely reflects the current earnings of the Fund than the total return.


¹		LIBOR is an interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. The LIBOR is fixed on a daily basis by the British Bankers’ Association. The LIBOR is derived from a filtered average of the world’s most creditworthy banks’ interbank deposit rates for larger loans with maturities between overnight and one full year.

TAX-EXEMPT MONEY MARKET FUND

Portfolio Manager

•		Michael G. Sebesta, CFA

•		Greg Hallman

•		Chris Carter, CFA

Investment Concerns

An investment in the Tax-Exempt Money Market Fund (the “Fund”) is not insured or guaranteed by the FDIC or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Management Discussion Of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund managers reacted to the disruptions in credit markets and a slowdown in economic growth by assuming a more conservative stance and emphasizing liquidity and high quality tax-exempt securities and liquidity providers. Over the period, the Federal Reserve (the “Fed”) responded to the slowing economy by aggressively easing interest rates by 300 basis points (3.00%). That aggressive easing by the Fed ultimately had an impact on the Fund that resulted in driving yields lower.

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Fed will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We believe the portfolio is structured to benefit from stabilization in rates and an eventual steepening of the short-term yield curve by increasing the allocation to slightly longer dated municipal securities.¹

Yields and Maturity Distribution


Yields (as of March 31, 2008)	A Shares			I Shares
7 Day Average Yield		1.50	%		1.65	%
7 Day Effective Yield		1.51	%		1.66	%
30 Day Average Yield		1.82	%		1.97	%

The yield quotation more closely reflects the current earnings of the Fund than the total return.

U.S. GOVERNMENT SECURITIES MONEY MARKET FUND

Portfolio Manager

•		Michael G. Sebesta, CFA

•		E. Dean Speer, CFA, CPA

•		Kimberly C. Maichle, CFA

•		Sonny Surkin

•		J.P. Yarusinski, CFA

Investment Concerns

An investment in the U.S. Government Securities Money Market Fund (the “Fund”) is not insured or guaranteed by the FDIC or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Credit markets were impacted dramatically during the period as write-downs on mortgage holdings rippled through the financial community. This combined with a general slowing in economic growth provoked the Federal Reserve (the “Fed”) to embark on a series of aggressive interest rate cuts that took the target rate from 5.25% to 2.25% at period end. During the period the Fund emphasized liquidity and worked to maximize liquidity by lengthening the weighted average maturity.¹

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Fed will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We see opportunity in floating rate agencies priced off one month and quarterly LIBOR² as well as callable securities due to increased volatility, and will position the fund accordingly.¹

Yields and Maturity Distribution


Yields (as of March 31, 2008)	A Shares			I Shares
7 Day Average Yield		1.73	%		1.88	%
7 Day Effective Yield		1.75	%		1.90	%
30 Day Average Yield		2.10	%		2.25	%

The yield quotation more closely reflects the current earnings of the Fund than the total return.


²		LIBOR is an interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. The LIBOR is fixed on a daily basis by the British Bankers’ Association. The LIBOR is derived from a filtered average of the world’s most creditworthy banks’ interbank deposit rates for larger loans with maturities between overnight and one full year.

U.S. TREASURY MONEY MARKET FUND

Portfolio Manager(s)

•		Michael G. Sebesta, CFA

•		E. Dean Speer, CFA, CPA

•		Kimberly C. Maichle, CFA

•		Sonny Surkin

•		J.P. Yarusinski, CFA

Investment Concerns

An investment in the U.S. Treasury Money Market Fund (the “Fund”) is not insured or guaranteed by the FDIC or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

Credit markets were impacted dramatically during the period as writed-owns on mortgage holdings rippled through the financial community. This, combined with a general slowing in economic growth, provoked the Federal Reserve (the “Fed”) to embark on a series of aggressive interest rate cuts that took the target rate from 5.25% to 2.25% at period end. During the period, the fund emphasized liquidity.¹

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Fed will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We anticipate continued volatility in the Treasury bill and Repurchase markets therefore we will position the Fund accordingly to help capture opportunities as they present themselves.¹

Yields and Maturity Distribution


Yields(as of March 31, 2008)	A Shares			I Shares
7 Day Average Yield		0.54	%		0.69	%
7 Day Effective Yield		0.54	%		0.69	%
30 Day Average Yield		1.07	%		1.22	%

Investment performance reflects voluntary fee waivers, which may be discontinued at any time. In absence of such fee waivers, yield would be reduced. In absence of such fee waivers, yield would be reduced and the 7 Day Average Yield, 7 Day Effective Yield and 30 Day Average Yield would have been 0.48%, 0.48% and 0.99% (A Shares) and 0.63%, 0.63% and 1.14% (I Shares), respectively.

The yield quotation more closely reflects the current earnings of the Fund than the total return.

VIRGINIA TAX-FREE MONEY MARKET FUND

Portfolio Manager

•		Michael G. Sebesta, CFA

•		Greg Hallman

•		Chris Carter, CFA

Investment Concerns

An investment in the Virginia Tax-Free Money Market Fund (the “Fund”) is not insured or guaranteed by the FDIC or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Management Discussion of Fund Performance

What factors influenced the Fund’s performance for the period ended March 31, 2008?

The Fund managers reacted to the disruptions in credit markets and a slowdown in economic growth by assuming a more conservative stance and emphasizing liquidity and high quality tax-exempt securities and liquidity providers. Over the period, the Federal Reserve (the “Fed”) responded to the slowing economy by aggressively easing interest rates by 300 basis points (3.00%). That aggressive easing by the Fed ultimately had an impact on the Fund that resulted in driving yields lower.

How do you plan to position the Fund, based on market conditions?

Our outlook is that the Federal Reserve will remain responsive to changing market conditions to guard against further disruptions in credit markets and steeper economic decline. We expect the economy will react positively to the large amount of economic stimulus and move towards stabilization and begin to slightly expand in the latter part of the year. We believe the portfolio is structured to benefit from stabilization in rates and an eventual steepening of the short-term yield curve by increasing the allocation to slightly longer dated municipal securities.¹

Yields and Maturity Distribution


Yields(as of March 31, 2008)	A Shares			I Shares
7 Day Average Yield		1.67	%		1.81	%
7 Day Effective Yield		1.68	%		1.83	%
30 Day Average Yield		1.99	%		2.14	%

The yield quotation more closely reflects the current earnings of the Fund than the total return.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Georgia Tax-Exempt Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (93.6%)
Georgia (87.8%)
Association County Commissioners of Georgia Leasing Program, Georgia Public Purpose Project, COP, 5.250%, 04/01/21, Callable 04/01/14 @ 102, XLCA		2,680		2,776
Athens Housing Authority, Student Housing Lease Project, RB, 5.250%, 12/01/21, Callable 12/01/12 @ 100, AMBAC		1,000		1,033
Atlanta Airport Passenger Facility Charge, Ser J, RB, 5.000%, 01/01/34, Callable 01/01/15 @ 100, FSA		11,000		10,889
Atlanta Airport Project, Ser A, RB, AMT, 5.375%, 01/01/19, Callable 07/01/14 @ 100, FSA		5,000		5,142
Atlanta Airport Project, Ser B, RB, AMT, 6.000%, 01/01/18, Callable 01/01/10 @ 101, FGIC		2,150		2,208
Atlanta Urban Residential Financial Authority Multifamily, West End Housing Development Project, RB, AMT, 2.200%, 09/01/27, FNMA(a)		1,450		1,450
Augusta Water & Sewer Authority, RB, 5.250%, 10/01/34, Callable 10/01/14 @ 100, FSA		2,000		2,025
Augusta Water & Sewer Authority, RB, 5.250%, 10/01/39, Callable 10/01/14 @ 100, FSA		5,000		5,053
Barrow County, GO, 4.500%, 10/01/11, FGIC		1,255		1,317
Bartow County Georgia, GO, 4.500%, 08/01/13, MBIA		6,000		6,363
Brunswick Water & Sewer, Refunding & Improvement Project, RB, 6.100%, 10/01/14, MBIA		1,000		1,113
Burke County Development Authority, Pollution Control, Georgia Power Co., Plant Vogtle Project, RB, 3.750%, 10/01/32		1,500		1,508
Carroll County Water Authority, Water & Sewer, RB, 5.250%, 07/01/22, Callable 07/01/15 @ 100, FSA		1,000		1,054
Carrollton Payroll Development Authority, UWG Campus Center, RB, 5.250%, 08/01/27, Callable 08/01/14 @ 100, MBIA		1,000		1,023
Central Valdosta Development Authority, Lowndes County Judicial Project, RB, 5.250%, 06/01/21, Callable 06/01/13 @ 102, XLCA		1,885		1,945
Cherokee County Georgia Resource Recovery Development Authority, Solid Waste Disposal, RB, AMT, 5.000%, 07/01/37, Callable 07/01/17 @ 100, AMBAC		1,000		921
Cherokee County School System, GO, 5.000%, 08/01/13, MBIA		1,000		1,096
Cobb County Development Authority, Kennesaw State University Project, RB, 5.000%, 07/15/29, Callable 07/15/14 @ 100, MBIA		2,250		2,256

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Georgia Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Georgia—continued

Cobb County Development Authority, Kennesaw State University Project, Ser A, RB, 5.000%, 07/15/29, Callable 07/15/14 @ 100, MBIA		1,285		1,285
Cobb County Development Authority, Solid Waste Disposal, Georgia Waste Management Project, Ser A, RB, AMT, 5.000%, 04/01/33, Callable 04/01/16 @ 101		1,000		827
Cobb-Marietta County, Coliseum & Exhibit Hall Project, RB, 5.500%, 10/01/12, MBIA		940		995
College Park Business & Industrial Development Authority, Civic Center Project, RB, 5.750%, 09/01/20, Prerefunded 09/01/10 @ 102, AMBAC		3,000		3,293
Columbus Water & Sewer, RB, 5.000%, 05/01/30, Callable 05/01/16 @ 100, FSA		3,000		3,008
Coweta County Development Authority, Newnan Water, Sewer & Light Commission, RB, 5.000%, 07/01/25, Callable 07/01/15 @ 100, MBIA		1,000		1,016
Dalton Building Authority, Public School System Project, RB, 4.000%, 03/01/11, State Aid Withholding		2,895		2,991
Dekalb County Public Safety & Judicial Facilities Authority, Public Safety & Judicial Facility Project, RB, 5.000%, 12/01/29, Callable 01/01/14 @ 101, County Guaranteed		3,000		3,030
Dekalb County, Water & Sewer, RB, 5.125%, 10/01/31, Prerefunded 10/01/10 @ 101		2,200		2,367
Douglasville-Douglas County Water & Sewer Authority, RB, 5.625%, 06/01/15, Callable 06/01/08 @ 100, AMBAC		1,390		1,486
Forsyth County Water & Sewer Authority, RB, 6.250%, 04/01/17, Prerefunded 04/01/10 @ 101		1,000		1,086
Forsyth County Hospital Authority, Baptist Health Care System Project, RB, 6.375%, 10/01/28, ETM		1,000		1,148
Forsyth County Water & Sewer Authority, RB, 5.000%, 04/01/28, Callable 04/01/13 @ 100		1,700		1,707
Fulton County Development Authority, Cauley Creek Water Facilities, Ser A, RB, AMT, 5.500%, 02/01/17, Callable 02/01/11 @ 100, AMBAC		1,310		1,384
Fulton County Development Authority, Georgia Technology Foundation, Ser A, RB, 5.000%, 11/01/31, Callable 05/01/12 @ 100		1,000		994

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Georgia Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Georgia—continued

Fulton County Development Authority, Molecular Science Building Project, RB, 5.250%, 05/01/22, Callable 05/01/14 @ 100, MBIA		2,370		2,452
Fulton County Development Authority, Molecular Science Building Project, RB, 5.250%, 05/01/27, Callable 05/01/14 @ 100, MBIA		3,375		3,451
Fulton County Development Authority, Molecular Science Building Project, RB, 5.000%, 05/01/34, Callable 05/01/14 @ 100, MBIA		1,000		996
Fulton County Water & Sewer, RB, 5.000%, 01/01/16, Callable 07/01/08 @ 101, FGIC		1,630		1,654
Fulton County Water & Sewer, RB, 5.000%, 01/01/24, Callable 01/01/14 @ 100, FGIC		2,000		2,017
Fulton County Water & Sewer, RB, 5.250%, 01/01/35, Callable 01/01/14 @ 100, FGIC		2,000		2,017
Gainesville Redevelopment Authority, Educational Facilities, Riverside Military Academy, RB, 5.125%, 03/01/37, Callable 03/01/17 @ 100		4,100		3,227
Georgia Municipal Electric Authority, RB, 8.000%, 01/01/15, Callable 01/01/09 @ 100, ETM		1,900		2,343
Georgia State Private College & Universities Facilities Authority, Mercer University Project, RB, 6.400%, 11/01/11, MBIA, ETM		1,375		1,477
Georgia State Road & Tollway Authority, Federal Highway Grant, RAN, 5.000%, 06/01/14, MBIA		3,000		3,288
Georgia State Road & Tollway Authority, Federal Highway Grant, RAN, 5.000%, 06/01/18, Callable 06/01/16 @ 100, MBIA		2,650		2,845
Georgia State, Ser A, GO, 5.000%, 09/01/15		3,480		3,862
Georgia State, Ser C, GO, 5.500%, 07/01/14		4,700		5,322
Gwinnett County Development Authority, Public Schools Project, COP, 5.250%, 01/01/21, Prerefunded 01/01/14 @ 100, MBIA		2,910		3,234
Gwinnett County, Public Schools Project, COP, 5.250%, 01/01/25, Prerefunded 01/01/14 @ 100, MBIA		1,500		1,665
Henry County Water & Sewer Authority, Refunding & Improvements, Ser A, RB, 5.375%, 02/01/13, MBIA		1,290		1,424
Henry County Water & Sewer, RB, 6.150%, 02/01/20, AMBAC		2,100		2,430
Laurens County Georgia Public Facilities Authority, RB, 5.000%, 07/01/11, MBIA		1,000		1,069
Metropolitan Atlanta Rapid Transit Authority, Sales Tax, Ser A, RB, 5.250%, 07/01/21, FGIC		1,000		1,082

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Georgia Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Georgia—continued

Metropolitan Atlanta Rapid Transit Authority, Ser E, RB, 7.000%, 07/01/11, ETM		3,595		3,945
Milledgeville-Baldwin County Development Authority, Georgia College & State University Foundation, RB, 6.000%, 09/01/33, Prerefunded 09/01/14 @ 101		2,355		2,747
Municipal Electric Authority of Georgia, Combustion, Ser A, RB, 5.000%, 11/01/24, Callable 11/01/08 @ 100, MBIA		2,000		2,000
Newnan Hospital Authority, Newnan Hospital Project, RB, 5.500%, 01/01/16, Callable 01/01/13 @ 100, MBIA		1,435		1,533
Newnan Hospital Authority, Newnan Hospital Project, RB, 5.500%, 01/01/17, Callable 01/01/13 @ 100, MBIA		2,220		2,358
Oconee County Industrial Development Authority, OIIT Project, RB, 5.250%, 07/01/23, Callable 07/01/13 @ 100, XLCA		1,295		1,311
Oglethorpe County School District, GO, 5.000%, 08/01/20, Callable 08/01/18 @ 100		250		267
Oglethorpe County School District, GO, 5.000%, 08/01/22, Callable 08/01/18 @ 100		565		591
Paulding County School District, GO, 6.000%, 02/01/10, MBIA		715		758
Rockdale County Water & Sewer Authority, RB, 5.000%, 07/01/22, Callable 07/01/15 @ 100, FSA		1,965		2,035
Roswell Georgia, GO, 5.500%, 02/01/12, Callable 02/01/09 @ 101		1,000		1,036
Union County School District, GO, 5.000%, 10/01/11, State Aid Withholding		1,500		1,612
Upper Oconee Basin Water Authority, RB, 5.000%, 07/01/26, Callable 07/01/15 @ 100, MBIA		2,000		2,029
Valdosta & Lowndes County Hospital Authority, South Georgia Medical Center Project, RB, 5.250%, 10/01/27, Callable 10/01/12 @ 101, AMBAC		2,110		2,128
Valdosta & Lowndes County Hospital Authority, South Georgia Medical Center Project, RB, 5.000%, 10/01/33, Callable 10/01/17 @ 100, AMBAC		8,000		7,753
Walker, Dade & Catoosa Counties, Hutcheson Medical Project, Ser A, RB, 5.500%, 10/01/08, FSA		1,370		1,393
Washington County Georgia School District, GO, 4.250%, 12/01/10, State Aid Withholding		1,665		1,743

				156,883

Puerto Rico (5.8%)
Puerto Rico Commonwealth, Public Import, GO, 5.500%, 07/01/19, FSA		3,000		3,297

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Georgia Tax-Exempt Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Puerto Rico—continued

Puerto Rico Electric Power Authority, Ser SS, RB, 5.000%, 07/01/24, Callable 07/01/15 @ 100, MBIA		1,000		1,007
Puerto Rico Highway & Transportation Authority, Ser AA, RB, 5.500%, 07/01/19, MBIA		2,500		2,679
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue, Ser C, RB, 5.500%, 07/01/23, AMBAC		1,000		1,060
Puerto Rico Municipal Finance Agency, Ser A, GO, 5.000%, 08/01/30, Callable 08/01/15 @ 100, FSA		2,300		2,300

				10,343

Total Municipal Bonds				167,226

Money Market Fund (5.4%)
Federated Tax-Free Obligations Fund		7,043,579		7,044
SEI Tax Exempt Trust, Institutional Tax Free Fund		2,604,308		2,604

Total Money Market Fund				9,648

Total Investments (Cost $177,583)(b) — 99.0%				176,874
Other assets in excess of liabilities — 1.0%				1,806

Net Assets — 100.0%			$	178,680


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

AMT		— Alternative Minimum Tax Paper

COP		— Certificate of Participation

ETM		— Escrowed to Maturity

FGIC		— Security insured by Financial Guaranty Insurance Company

FNMA		— Security insured by Federal National Mortgage Association

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

MBIA		— Security insured by Municipal Bond Insurance Association

RAN		— Revenue Anticipation Note

RB		— Revenue Bond

XLCA		— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

High Grade Municipal Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (94.1%)
Alabama (2.5%)
Jefferson County Sewer, Ser B-8, RB, 5.250%, 02/01/11, Callable 02/01/10 @ 100, FSA		4,500		4,453

Alaska (2.3%)
Anchorage, Ser B, GO, 5.000%, 12/01/18, Callable 06/01/15 @ 100, MBIA		4,000		4,265

Arizona (1.1%)
Salt River Project Agricultural Improvement & Power District Electric System, Ser A, RB, 5.000%, 01/01/10		2,000		2,091

California (5.1%)
California State Economic Recovery, Ser B, GO, 5.000%, 07/01/23, Mandatory Put 03/01/11		5,500		5,787
Los Angeles Unified School District, Ser A-1, GO, 4.500%, 07/01/25, Callable 07/01/17 @ 100, MBIA		3,500		3,389

				9,176

Colorado (5.6%)
Adams County School District No 14, GO, 5.125%, 12/01/31, Callable 12/01/16 @ 100, FSA		5,000		5,047
Denver City & County Airport, Ser A, RB, AMT, 5.500%, 11/15/14, Callable 11/15/11 @ 100, FGIC		5,000		5,187

				10,234

Florida (24.9%)
Brevard County School Board, COP, 5.500%, 07/01/17, Prerefunded 07/01/12 @ 100, AMBAC		1,860		2,052
Brevard County School Board, COP, 5.500%, 07/01/18, Prerefunded 07/01/12 @ 100, AMBAC		3,015		3,326
Brevard County Utility Authority, RB, 5.250%, 03/01/13, Callable 03/01/12 @ 100, FGIC		1,000		1,071
Brevard County Utility Authority, RB, 5.250%, 03/01/14, Callable 03/01/12 @ 100, FGIC		1,000		1,063
Florida State Board of Education, Capital Outlay, Public Education Project, GO, 9.125%, 06/01/14, ETM		950		1,228
Florida State Board of Education, Capital Outlay, Public Education Project, Ser B, GO, 5.250%, 06/01/11, Callable 06/01/08 @ 101		1,000		1,014
Florida State Board of Education, Capital Outlay, Public Education Project, Ser B, GO, 5.375%, 06/01/18, Callable 06/01/12 @ 101, FGIC		2,130		2,264
Florida State Board of Education, Capital Outlay, Public Education Project, Ser D, GO, 5.375%, 06/01/15, Callable 06/01/12 @ 100		1,535		1,665
Florida State Board of Education, Capital Outlay, Public Education Project, Ser D, GO, 5.625%, 06/01/15, Callable 06/01/10 @ 101		1,235		1,316

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
High Grade Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Florida—continued

Florida State Board of Education, Lottery, Ser A, RB, 5.375%, 07/01/15, Callable 07/01/12 @ 101, FGIC		3,500		3,785
Florida State Division of Bond Finance, Department of Environmental Protection & Preservation, Ser 2000-A, RB, 5.375%, 07/01/11, Callable 07/01/09 @ 101, FGIC		2,130		2,212
Greater Orlando Aviation Authority, Airport Facilities, RB, AMT, 5.500%, 10/01/17, FGIC		1,810		2,005
Hillsborough County Industrial Development Authority, University Community Hospital Project, RB, 6.500%, 08/15/19, MBIA		145		170
Jacksonville Health Facilities Authority, Charity Obligation Group, Ser C, RB, 5.750%, 08/15/13, Prerefunded 08/15/11 @ 101		3,090		3,245
Jacksonville Sales Tax, RB, 5.500%, 10/01/13, Callable 10/01/11 @ 100, AMBAC		1,435		1,537
Jacksonville Sales Tax, RB, 5.500%, 10/01/14, Callable 10/01/11 @ 100, AMBAC		1,200		1,285
Jacksonville Sales Tax, RB, 5.500%, 10/01/15, Callable 10/01/11 @ 100, AMBAC		1,550		1,660
Lee County Memorial Health Systems Hospital, Ser A, RB, 5.750%, 04/01/15, Callable 04/01/12 @ 100, FSA		1,000		1,099
Lee County Transportation Facility Authority, Ser A, RB, 5.500%, 10/01/13, Callable 10/01/11 @ 100, AMBAC		2,000		2,142
Manatee County Improvement Project, RB, 5.000%, 10/01/23, Callable 10/01/14 @ 100, FGIC		2,095		2,143
Miami Parking Facilities Authority, RB, 5.250%, 10/01/15, MBIA		1,000		1,089
Osceola County Tourist Development Tax Authority, Ser A, RB, 5.500%, 10/01/15, Callable 10/01/12 @ 100, FGIC		1,000		1,084
Pensacola Airport Authority, Ser A, RB, AMT, 6.250%, 10/01/09, AMBAC		505		526
Pensacola Airport Authority, Ser A, RB, AMT, 6.000%, 10/01/12, Callable 10/01/08 @ 102, MBIA		1,075		1,107
Polk County School District Sales Tax Authority, RB, 5.250%, 10/01/15, Callable 10/01/14 @ 100, FSA		2,000		2,203
Polk County Utility Systems Authority, RB, 6.000%, 10/01/08, FGIC, ETM		510		519
Tampa Guaranteed Entitlement Authority, RB, 6.000%, 10/01/18, AMBAC		500		563

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
High Grade Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Florida—continued

Tampa Sales Tax Authority, Ser A, RB, 5.375%, 10/01/14, Callable 10/01/11 @ 101, AMBAC		1,640		1,763

				45,136

Illinois (11.8%)
Chicago Housing Authority, Capital Program, RB, 5.000%, 07/01/23, Callable 07/01/16 @ 100, FSA		5,000		5,125
Grundy Kendall & Will Counties Community School District No 201, GO, 5.750%, 10/15/20, Callable 10/15/18 @ 100, LOC: Assured Guaranty		3,500		3,924
Illinois Municipal Electric Agency Power Supply, Ser A, RB, 5.250%, 02/01/23, FGIC		6,000		6,144
Illinois State Toll Highway Authority, Ser A, RB, 5.000%, 01/01/18, Callable 07/01/15 @ 100, FSA		3,000		3,199
Illinois State Toll Highway Authority, Ser A-1, RB, 5.000%, 01/01/24, Callable 07/01/16 @ 100, FSA		3,000		3,073

				21,465

Maryland (4.2%)
Maryland State & Local Facilities, Ser 1, GO, 5.000%, 03/01/16		4,000		4,431
Maryland State Department of Transportation Consolidated Transportation, RB, 5.000%, 02/15/16		2,925		3,217

				7,648

Massachusetts (3.0%)
Massachusetts State, Consolidated Lien, Ser A, GO, 5.000%, 03/01/23, Prerefunded 03/01/15 @ 100, FSA		5,000		5,521

New York (3.5%)
New York, Ser G, GO, 5.000%, 08/01/19, Callable 02/01/16 @ 100, AMBAC		6,000		6,364

North Carolina (2.0%)
North Carolina State Grant Anticipation, RB, 5.000%, 03/01/19, Callable 03/01/17 @ 100, MBIA		3,405		3,642

Pennsylvania (2.8%)
Allegheny County Airport Authority, Pittsburgh International Airport, Ser B, RB, AMT, 5.000%, 01/01/18, MBIA		5,000		5,026

Puerto Rico (15.8%)
Puerto Rico Commonwealth Highway & Transportation Authority, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		5,860		6,085
Puerto Rico Commonwealth Highway & Transportation Authority, Ser G, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		3,000		3,184
Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax, Ser C, RB, 5.500%, 07/01/17, AMBAC		10,000		10,808
Puerto Rico Commonwealth Municipal Finance Agency, Ser A, RB, 5.250%, 08/01/14, Callable 08/01/12 @ 100, FSA		6,965		7,446

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
High Grade Municipal Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Puerto Rico—continued

Puerto Rico Commonwealth Municipal Finance Agency, Ser A, RB, 5.250%, 08/01/16, Callable 08/01/12 @ 100, FSA		1,020		1,090

				28,613

South Carolina (2.4%)
South Carolina State Public Service Authority, Ser A, RB, 5.000%, 01/01/17, Callable 01/01/14 @ 100, FSA		2,300		2,451
York County School District No 4, Fort Mill, GO, 5.000%, 03/01/34, Callable 03/01/14 @ 100, SCSDE		1,920		1,924

				4,375

Texas (5.1%)
Kermit Independent School District, GO, 5.250%, 02/15/37, Callable 02/15/17 @ 100, PSF-GTD		4,000		4,056
North Texas Tollway Authority, Ser A, RB, 6.000%, 01/01/25, Callable 01/01/18 @ 100		5,000		5,213

				9,269

Virginia (2.0%)
Fairfax County, Public Improvement, Ser A, GO, 5.000%, 04/01/15, LOC:
State Aid Withholding		3,225		3,569

Total Municipal Bonds				170,847

Money Market Fund (9.8%)
Federated Tax-Free Obligations Fund		8,734,257		8,734
SEI Tax Exempt Trust, Institutional Tax Free Fund		8,990,967		8,991

Total Money Market Fund				17,725

Total Investments (Cost $187,751)(a) — 103.9%				188,572
Liabilities in excess of other assets — (3.9)%				(7,086	)

Net Assets — 100.0%			$	181,486


(a)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

AMT		— Alternative Minimum Tax Paper

COP		— Certificate of Participation

ETM		— Escrowed to Maturity

FGIC		— Security insured by Financial Guaranty Insurance Company

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

LOC		— Letter of Credit

MBIA		— Security insured by Municipal Bond Insurance Association

PSF-GTD		— Security insured by Permanent School Fund Guarantee Program

RB		— Revenue Bond

SCSDE		— Security insured by South Carolina School Discount Enhancement

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

High Income Fund


	Shares or
	Principal
	Amount($)		Value($)
Bank Loans (7.5%)
Diversified Financial Services (5.1%)
Cenveo, Inc., 8.119%, 06/21/14(a)(b)		575		575
Clarke American Corp., 5.197%, 04/01/14(a)(b)		854		685
East Valley Tourist Development Authority, 9.440%, 08/06/14(a)(b)		1,400		1,387

				2,647

Telecommunication Services (2.4%)
Asurion Corp., 6.095%, 07/03/14(a)(b)		570		478
Wind Acquisition Holdings, 11.201%, 12/07/11(a)(b)		854		752

				1,230

Total Bank Loans				3,877

Corporate Bonds (80.1%)
Advertising (2.3%)
TL Acquisitions, Inc., 10.500%, 01/15/15, Callable 07/15/11 @ 105.25(b)		1,150		989
Valassis Communications, Inc., 8.250%, 03/01/15, Callable 03/01/11 @ 104.13		225		185

				1,174

Apparel (0.6%)
Levi Strauss & Co., 8.875%, 04/01/16, Callable 04/01/11 @ 104.44(c)		300		287

Auto Manufacturers (0.2%)
Tenneco, Inc., 8.125%, 11/15/15, Callable 11/15/11 @ 104.06(b)		110		109

Auto Parts & Equipment (2.9%)
Goodyear Tire & Rubber Co. (The), 8.663%, 12/01/09, Callable 04/21/08 @ 100(a)		1,525		1,515

Beverages (0.6%)
Constellation Brands, Inc., 8.375%, 12/15/14		320		330

Chemicals (3.2%)
Axcan Intermediate Holdings, Inc., 9.250%, 03/01/15, Callable 03/01/11 @ 106.94(b)		1,150		1,139
Ineos Group Holdings PLC, 8.500%, 02/15/16, Callable 02/15/11 @ 104.25(b)(c)		655		509

				1,648

Commercial Services (3.7%)
Aramark Services, Inc., 8.500%, 02/01/15, Callable 02/01/11 @ 104.25		350		351
Atlantic Broadband, Inc., 9.375%, 01/15/14, Callable 01/15/09 @ 104.69		675		594
Deluxe Corp., 7.375%, 06/01/15, Callable 06/01/11 @ 103.69		100		93
Deluxe Corp., Ser B, 5.125%, 10/01/14		225		184
Hertz Corp., 8.875%, 01/01/14, Callable 01/01/10 @ 104.44		85		80
Hertz Corp., 10.500%, 01/01/16, Callable 01/01/11 @ 105.25(c)		310		290
Iron Mountain, Inc., 8.625%, 04/01/13, Callable 04/07/08 @ 101.44		155		157
Iron Mountain, Inc., 7.750%, 01/15/15, Callable 04/07/08 @ 103.88		165		166

				1,915

Diversified Financial Services (11.3%)
Bank of America Corp., Ser K, 8.000%, 12/29/49, Callable 01/30/18 @ 100		575		576
Buffalo Thunder Development Authority, 9.375%, 12/15/14, Callable 12/15/10 @ 104.69(b)		160		120
Ford Motor Credit Co., 8.625%, 11/01/10		1,060		924

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

Galaxy Entertainment Finance Co., Ltd., 9.875%, 12/15/12, Callable 12/15/09 @ 104.94(b)		300		298
GMAC LLC, 6.875%, 09/15/11		600		459
GMAC LLC, 6.625%, 05/15/12		250		189
GMAC LLC, 8.000%, 11/01/31		600		430
Hexion US Finance Corp., 9.369%, 11/15/14, Callable 11/15/08 @ 102(a)		80		75
Hexion US Finance Corp., 9.750%, 11/15/14, Callable 11/15/10 @ 104.88		1,465		1,571
LVB Acquisition, Inc., 10.000%, 10/15/17, Callable 10/15/12 @ 105(b)		155		162
Nielsen Finance LLC, 10.000%, 08/01/14, Callable 08/01/10 @ 105		580		577
NSG Holdings LLC, 7.750%, 12/15/25(b)		475		461
Snoqualmie Enterprise Authority, 9.125%, 02/01/15, Callable 02/01/11 @ 104.56(b)		45		38

				5,880

Diversified Minerals (1.2%)
CII Carbon LLC, 11.125%, 11/15/15, Callable 11/15/11 @ 105.56(b)		175		156
FMG Finance Property Ltd., 10.625%, 09/01/16(b)		435		489

				645

Diversified Operations (1.1%)
Freeport-McMoRan Copper & Gold, Inc., 8.394%, 04/01/15, Callable 04/01/09 @ 102(a)		255		250
SPX Corp., 7.625%, 12/15/14(b)		330		340

				590

Electric (10.9%)
AES Corp. (The), 8.000%, 10/15/17		850		861
Aquila, Inc., 12.073%, 07/01/12		1,080		1,331
Energy Future Holdings, 10.875%, 11/01/17, Callable 11/01/12 @ 105.44(b)		485		490
InterGen NV, 9.000%, 06/30/17, Callable 06/30/12 @ 104.50(b)		295		308
Mirant North America LLC, 7.375%, 12/31/13, Callable 12/31/09 @ 103.69		525		530
Reliant Energy, Inc., 6.750%, 12/15/14, Callable 12/15/09 @ 103.38		1,205		1,226
Texas Competitive Electric Holdings LLC, 10.250%, 11/01/15, Callable 11/01/11 @ 105.13(b)		805		802
Texas Competitive Electric Holdings LLC, 10.250%, 11/01/15, Callable 11/01/11 @ 105.13(b)		125		125

				5,673

Entertainment (0.8%)
Mashantucket Pequot Tribe, 8.500%, 11/15/15, Callable 11/15/11 @ 104.25(b)		255		224
Pokagon Gaming Authority, 10.375%, 06/15/14, Callable 06/15/10 @ 105.19(b)		84		89
Shingle Springs Tribal Gaming Authority, 9.375%, 06/15/15, Callable 06/15/11 @ 104.69(b)		135		120

				433

Food (0.5%)
Smithfield Foods, Inc., 7.750%, 07/01/17		275		268

Forest Products & Paper (4.6%)
Abitibi-Consolidated, Inc., 13.750%, 04/01/11(b)		1,255		1,283
New Page Holding Corp., 10.000%, 05/01/12, Callable 05/01/09 @ 106(b)		55		56

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Forest Products & Paper—continued

New Page Holding Corp., 11.818%, 11/01/13, Callable 02/04/08 @ 102(a)		400		336
Rock-Tenn Co., 9.250%, 03/15/16, Callable 03/15/12 @ 104.63(b)		130		135
Verso Paper Holdings LLC, Ser B, 6.989%, 08/01/14, Callable 08/01/08 @ 102(a)		675		570

				2,380

Health Care (8.6%)
Boston Scientific Corp., 6.000%, 06/15/11		240		234
Community Health Systems, Inc., 8.875%, 07/15/15, Callable 07/15/11 @ 104.44(c)		510		512
HCA, Inc., 9.125%, 11/15/14, Callable 11/15/10 @ 104.56		25		26
HCA, Inc., 9.625%, 11/15/16, Callable 11/15/11 @ 104.81		1,440		1,494
Psychiatric Solutions, Inc., 7.750%, 07/15/15, Callable 07/15/10 @ 103.88		220		219
Tenet Healthcare Corp., 9.875%, 07/01/14		750		725
Universal Hospital Services, Inc., 8.288%, 06/01/15, Callable 06/01/09 @ 102(a)		1,200		1,068
Universal Hospital Services, Inc. (PIK), 8.500%, 06/01/15, Callable 06/01/11 @ 104.25		205		205

				4,483

Insurance (0.5%)
Crum & Forster Holdings Corp., 7.750%, 05/01/17, Callable 05/01/12 @ 103.88		260		246

Machinery Diversified (2.4%)
Chart Industries, Inc., 9.125%, 10/15/15, Callable 10/15/10 @ 104.56		1,250		1,225

Materials (0.5%)
Steel Dynamics, Inc., 7.750%, 04/15/16, Callable 04/15/12 @ 103.88(b)		280		280

Media (5.0%)
Clear Channel Communications, Inc., 7.650%, 09/15/10		135		143
EchoStar DBS Corp., 7.125%, 02/01/16		530		494
Kabel Deutschland GmbH, 10.625%, 07/01/14, Callable 07/01/09 @ 105.31		1,010		991
Mediacom Broadband LLC, 8.500%, 10/15/15, Callable 10/15/10 @ 104.25		670		563
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		165		151
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		270		246

				2,588

Miscellaneous Manufacturer (0.5%)
Koppers, Inc., 9.875%, 10/15/13, Callable 10/15/08 @ 104.94		239		251

Oil & Gas (7.8%)
Cie Generale De Geophysique, 7.500%, 05/15/15, Callable 05/15/10 @ 103.75		205		208
Cie Generale De Geophysique, 7.750%, 05/15/17, Callable 05/15/12 @ 103.88		85		86
Connacher Oil & Gas, 10.250%, 12/15/15, Callable 12/15/11 @ 105.13(b)		1,130		1,139
Forest Oil Corp., 7.250%, 06/15/19, Callable 06/15/12 @ 103.63		105		107
Mariner Energy, Inc., 8.000%, 05/15/17, Callable 05/15/12 @ 104		145		138

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Oil & Gas—continued

OPTI Canada, Inc., 7.875%, 12/15/14, Callable 12/15/10 @ 104.13		725		709
Southwestern Energy Co., 7.500%, 02/01/18(b)		185		191
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25		1,495		1,480

				4,058

Pipelines (2.5%)
Copano Energy LLC, 8.125%, 03/01/16, Callable 03/01/11 @ 104.06		170		176
Targa Resources, Inc., 8.500%, 11/01/13, Callable 11/01/09 @ 104.25		1,190		1,095

				1,271

Real Estate (0.9%)
American Real Estate Partners LP, 8.125%, 06/01/12, Callable 06/01/08 @ 104.06		75		73
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56		460		418

				491

Semiconductors (0.1%)
Amkor Technologies, Inc., 9.250%, 06/01/16, Callable 06/01/11 @ 104.63		55		53

Telecommunication Services (6.6%)
Alltel Communications, 10.375%, 12/01/17, Callable 12/01/12 @ 105.19(b)		580		499
FairPoint Communications, Inc., 13.125%, 04/01/18, Callable 04/01/13 @ 106.56(b)		235		226
Intelsat Subsidiary Holding Co. Ltd., 8.250%, 01/15/13, Callable 01/15/09 @ 104.13		215		217
Nordic Telephone Co. Holdings, 8.875%, 05/01/16, Callable 05/01/11 @ 104.44(b)		185		179
PanAmSat Corp., 9.000%, 06/15/16, Callable 06/15/11 @ 104.50		840		846
Rural Cellular Corp., 8.250%, 03/15/12, Callable 04/07/08 @ 104.12		215		220
Telcordia Technologies, Inc., 8.008%, 07/15/12, Callable 07/15/08 @ 102(a)(b)		995		756
Wind Acquisition Finance SA, 10.750%, 12/01/15, Callable 12/01/10 @ 105.38(b)		375		382
Windstream Regatta Holdings, 11.000%, 12/01/17, Callable 12/01/12 @ 105.50(b)		155		95

				3,420

Transportation (0.8%)
Bristow Group, Inc., 7.500%, 09/15/17, Callable 09/15/12 @ 103.75(b)		425		427

Total Corporate Bonds				41,640

Preferred Stock (2.9%)
Financials (2.9%)
Credit Suisse, 7.900%, Callable 03/28/13 @ 25		60		1,500

Total Preferred Stock				1,500

U.S. Treasury Obligations (1.2%)
U.S. Treasury Notes (1.2%)
3.125%, 10/15/08		625		631

Total U.S. Treasury Obligations				631

Short-Term Investments (3.6%)
Credit Suisse Enhanced Liquidity Fund(d)		1,853,791		1,853

Total Short-Term Investments				1,853

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

High Income Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Money Market Fund (5.3%)
RidgeWorth Institutional Cash Management Money Market Fund(e)		2,771,567		2,772

Total Money Market Fund				2,772

Total Investments (Cost $54,051)(f) — 100.6%				52,273
Liabilities in excess of other assets — (0.6)%				(293	)

Net Assets — 100.0%			$	51,980


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 31.7% of net assets as of March 31, 2008.

(c)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $1,767.

(d)		This security was purchased with cash collateral held from securities lending.

(e)		Affiliate investment.

(f)		Represents cost for financial reporting purposes.

PIK		— Payment in-kind

Credit Default Swap Agreements


		Notional			Fixed
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Expiration Date		Value($)

Abitibi Consolidated, Inc.	JPMorgan		500			4.50		06/20/09		(100	)
Brunswick	Bank of America		(575	)		2.08		03/20/13		24
JC Penney	Deutsche Bank		(575	)		2.30		03/20/13		9
Cigna Corp.	JPMorgan		(1,000	)		1.44		03/20/13		(23	)
Humana Inc.	JPMorgan		(1,000	)		2.25		03/20/13		(14	)

										(104	)

At March 31, 2008, liquid assets totaling $8,488, in thousands, have been designated as collateral for open swap agreements.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Intermediate Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (1.9%)
Automobile ABS (0.9%)
Daimler Chrysler Auto Trust, Ser 2005-A, Cl A4, 3.740%, 02/08/10		219		220
Daimler Chrysler Auto Trust, Ser 2007-A, Cl A4, 5.280%, 03/08/13		1,514		1,551
Daimler Finance N.A., LLC, 6.500%, 11/15/13		3,474		3,662
Honda Auto Receivables Owner Trust, Ser 2006-3, Cl A4, 5.014%, 04/15/12		1,736		1,777

				7,210

Collateralized Loan Obligations ABS (0.3%)
Commercial Industrial Finance Corp., Ser 2006-1BA, ClB2L, 6.599%, 12/22/20(a)(b)		1,200		709
Marathon CLO Ltd., Ser 2005-2A, Cl D, 7.242%, 12/20/19(a)(b)		645		451
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		1,750		1,419

				2,579

Home Equity ABS (0.2%)
Citifinancial Mortgage Securities, Inc., Ser 2003-1, Cl AF5, 4.282%, 01/25/33(a)		1,390		1,372
Contimortgage Home Equity Loan Trust, Ser 1996-2, Cl A8, 7.900%, 07/15/27		42		39
Delta Funding Home Equity Loan Trust, Ser 1999-3, Cl A1F, 7.962%, 09/15/29(a)		4		4
Soundview Home Equity Loan Trust, Ser 2001-1, Cl A, 6.765%, 04/15/31(a)		7		7

				1,422

Utility ABS (0.5%)
CNH Equipment Trust, Ser 2007-C, Cl A3A, 5.210%, 12/15/11		2,534		2,574
MP Environmental Funding LLC, Ser 2007-A, Cl A1, 4.982%, 07/15/16		51		53
PECO Energy Transition Trust, Ser 2000-A, Cl A4, 7.650%, 03/01/10		1,144		1,207
PSE&G Transition Funding LLC, Ser 2001-1, Cl A8, 6.890%, 12/15/17		387		429

				4,263

Total Asset-Backed Securities				15,474

Collateralized Mortgage Obligations (10.5%)
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42		355		350
Banc of America Commercial Mortgage, Inc., Ser 2005-6 Cl A4, 5.181%, 09/10/47(a)		4,513		4,490
Banc of America Commercial Mortgage, Inc., Ser 2006-2, Cl A4, 5.740%, 05/10/45(a)		2,113		2,135
Banc of America Commercial Mortgage, Inc., Ser 2006-4, Cl A4, 2,056.410%, 07/10/46		530		528
Banc of America Mortgage Securities, Ser 2003-5, Cl 2A1, 5.000%, 07/25/18		6		6

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

Bear Stearns Commercial Mortgage Securities, Inc., Ser 2001-TOP2, Cl A2, 6.480%, 02/15/35		4,435		4,543
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2005-PW10, Cl A4, 5.405%, 12/11/40(a)		3,347		3,360
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2006-PW13, Cl A4, 5.540%, 09/11/41		430		426
Chase Commercial Mortgage Securities Corp., Ser 2000-3, Cl A2, 7.319%, 10/15/32		1,384		1,433
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2005-CD1, Cl A4, 5.225%, 07/15/44(a)		415		414
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2006-CD2, Cl A4, 5.362%, 01/15/46(a)		275		271
Commercial Mortgage Pass-Through Certificates, Ser 2005-C6, Cl A5A, 5.116%, 06/10/44(a)		3,892		3,848
Countrywide Alternative Loan Trust, Ser 2006-HY12, Cl A5, 6.174%, 08/25/36(a)		3,950		2,938
Countrywide Home Loans, Ser 2004-J1, Cl 1A1, 4.500%, 01/25/19		1,131		1,063
CS First Boston Mortgage Securities Corp., Ser 2001-CF2, Cl A4, 6.505%, 02/15/34(a)		1,136		1,172
Fannie Mae, Ser 2005-20, Cl PC, 5.000%, 07/25/24		1,341		1,355
Fannie Mae, Ser 2007-77, Cl TD, 5.500%, 01/25/36		1,344		1,307
Fannie Mae, Ser 2007-79, Cl TD, 5.000%, 01/25/34		1,375		1,304
Freddie Mac, Ser 3134, Cl PA, 5.000%, 09/15/18		1,008		1,025
Freddie Mac, Ser 3347, Cl AK, 5.000%, 07/15/37		3,524		3,604
Freddie Mac, Ser 3349, Cl HE, 5.500%, 07/15/36		2,525		2,544
Freddie Mac. Ser 2966, Cl NW, 5.069%, 08/15/25		1,576		1,599
GE Capital Commercial Mortgage Corp., Ser 2000-1, Cl A2, 6.496%, 01/15/33		2,828		2,894
GE Capital Commercial Mortgage Corp., Ser 2006-C1, Cl A4, 5.340%, 03/10/44(a)		360		356
Ginnie Mae, Ser 2007-27, Cl NV, 5.500%, 04/20/36		1,531		1,544
Ginnie Mae, Ser 2007-41, Cl PB, 5.500%, 09/20/36		1,589		1,582
GMAC Commercial Mortgage Securities, Inc., Ser 2000-C1, Cl A2, 7.724%, 03/15/33		1,973		2,040

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

GMAC Commercial Mortgage Securities, Inc., Ser 2001-C1, Cl A2, 6.465%, 04/15/34		2,424		2,480
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 5.911%, 07/10/38(a)		3,082		3,146
GS Mortgage Securities Corp. II, Ser 2006-GG6, Cl A2, 5.506%, 04/10/38(a)		1,688		1,679
GS Mortgage Securities Corp. II, Ser 2006-GG8, Cl A4, 5.560%, 11/10/39(a)		375		371
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP4, Cl A4, 4.918%, 10/15/42(a)		891		870
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP5, Cl A4, 5.179%, 12/15/44(a)		2,636		2,628
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB15, Cl A4, 5.814%, 06/12/43(a)		560		565
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB16, Cl A4, 5.552%, 05/12/45		1,860		1,841
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-LDP6, Cl A4, 5.475%, 04/15/43(a)		385		381
JPMorgan Commercial Mortgage Finance Co., Ser 2000-C10, Cl A2, 7.371%, 08/15/32		2,598		2,677
LB-UBS Commercial Mortgage Trust, Ser 2000-C5, Cl A2, 6.510%, 12/15/26(a)		1,661		1,703
LB-UBS Commercial Mortgage Trust, Ser 2005-C5, Cl A4, 4.954%, 09/15/30		3,700		3,631
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A4, 5.197%, 11/15/30(a)		792		788
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4, 5.228%, 02/15/31		790		769
LB-UBS Commercial Mortgage Trust, Ser 2006-C3, Cl A4, 5.661%, 03/15/39(a)		1,624		1,629
Merrill Lynch/Countrywide Commercial Mortgage Trust, Ser 2006-1, Cl A4, 5.427%, 02/12/39(a)		2,348		2,331
Morgan Stanley Capital I, Ser 2006-HQ10, Cl A4, 5.328%, 11/12/41(a)		790		770
Morgan Stanley Dean Witter Capital I, Ser 2001-TOP1, Cl A4, 6.660%, 02/15/33		2,560		2,645
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl A4, 5.210%, 10/15/44(a)		3,414		3,428

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S5, Cl 2A, 5.000%, 06/25/18(a)		1,274		1,275
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S7, Cl A1, 4.500%, 08/25/18		2,127		2,061

Total Collateralized Mortgage Obligations				85,798

Corporate Bonds (33.1%)
Aerospace/Defense (0.6%)
Lockheed Martin Corp., 4.121%, 03/14/13		2,171		2,174
United Technologies Corp., 4.875%, 05/01/15		2,216		2,255

				4,429

Airlines (0.5%)
Delta Air Lines, Inc., Cl A, 6.821%, 08/10/22(c)		4,483		4,323

Banks (2.9%)
Bank of America Corp., 7.400%, 01/15/11		5,851		6,265
Bank of America Corp., 5.375%, 09/11/12		3,475		3,615
Bank of New York Mellon, Ser G, 4.950%, 11/01/12		2,968		3,041
Bank of New York Mellon, Ser G, MTN, 4.500%, 04/01/13		1,522		1,533
Wachovia Corp., 5.300%, 10/15/11		3,241		3,272
Wachovia Corp., Ser G, 5.750%, 02/01/18		786		770
Wells Fargo & Co., 4.375%, 01/31/13		5,339		5,312

				23,808

Beverages (1.1%)
Coca-Cola Co., 5.350%, 11/15/17		3,796		3,961
Diageo Capital PLC, 5.200%, 01/30/13		1,529		1,582
SABMiller PLC, 6.200%, 07/01/11(c)		3,406		3,621

				9,164

Building Materials (0.2%)
Lafarge SA, 6.150%, 07/15/11		1,923		1,962

Commercial Services (0.8%)
Caterpillar Financial Services Corp., Ser F, 5.850%, 09/01/17		1,412		1,461
ERAC USA Finance Co., 5.800%, 10/15/12(c)		2,286		2,179
ERAC USA Finance Co., 5.600%, 05/01/15(c)		1,902		1,696
Xerox Corp., 5.500%, 05/15/12		1,495		1,508

				6,844

Computers (0.4%)
Hewlett-Packard Co., 4.500%, 03/01/13		1,473		1,495
IBM Corp., 5.700%, 09/14/17		1,752		1,835

				3,330

Consumer Staples (0.3%)
Kellogg Co., 4.250%, 03/06/13		2,233		2,226

Diversified Financial Services (9.8%)
ABX Financing Co., 5.750%, 10/15/16(c)		1,760		1,769
American Express Co., 6.150%, 08/28/17(d)		2,652		2,640
Citigroup, Inc., 5.125%, 05/05/14(d)		4,517		4,414
Citigroup, Inc., 6.000%, 08/15/17		1,351		1,332
Credit Suisse (USA), Inc., 6.125%, 11/15/11		2,886		3,049
Credit Suisse (USA), Inc., 6.500%, 01/15/12		1,504		1,599
Fund American Cos., Inc., 5.875%, 05/15/13		3,259		3,397
General Electric Capital Corp., Ser A, 5.450%, 01/15/13		6,027		6,313

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

Goldman Sachs Group, Inc. (The), 4.750%, 07/15/13		2,566		2,495
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18		2,207		2,185
Household Finance Corp., 4.125%, 12/15/08		3,310		3,306
HSBC Finance Corp., 6.375%, 11/27/12		4,204		4,258
International Lease Finance Corp., Ser Q, 5.250%, 01/10/13		1,417		1,387
International Lease Finance Corp., Ser R, 5.625%, 09/15/10		1,971		1,987
International Lease Finance Corp., Ser R, 5.625%, 09/20/13		595		583
Janus Capital Group, Inc., 5.875%, 09/15/11		1,338		1,355
Jefferies Group, Inc., 5.875%, 06/08/14		2,896		2,878
JPMorgan Chase & Co., 6.625%, 03/15/12		4,843		5,149
JPMorgan Chase & Co., 5.375%, 10/01/12		2,860		2,970
Lazard Group LLC, 7.125%, 05/15/15		3,760		3,657
Lehman Brothers Holdings, Inc., MTN, 5.625%, 01/24/13		4,329		4,209
Merrill Lynch & Co., Inc., 5.770%, 07/25/11		30		30
Merrill Lynch & Co., Inc., Ser C, MTN, 6.050%, 08/15/12		4,587		4,659
Morgan Stanley, 5.300%, 03/01/13		6,966		6,943
Northern Trust Co., 5.200%, 11/09/12		3,539		3,732
TIAA Global Markets, 5.125%, 10/10/12(c)		3,575		3,699

				79,995

Electric (2.4%)
CenterPoint Energy, Inc., Ser A-4, 5.170%, 08/01/19		1,770		1,774
Enel Finance International, 5.700%, 01/15/13(c)(d)		6,885		7,126
Exelon Generation Co. LLC, 6.200%, 10/01/17		3,317		3,287
MidAmerican Energy Holdings Co., Ser D, 5.000%, 02/15/14		4,660		4,572
Nevada Power Co., Ser L, 5.875%, 01/15/15		670		657
Oncor Electric Delivery Co., 6.375%, 01/15/15		2,152		2,151

				19,567

Insurance (0.8%)
American International Group, Ser G, 5.600%, 10/18/16		3,880		3,805
MetLife, Inc., 5.000%, 06/15/15		1,269		1,247
Travelers Cos., Inc. (The), 5.375%, 06/15/12		1,567		1,626

				6,678

Media (1.3%)
News America Holdings, Inc., 9.250%, 02/01/13		2,391		2,774
Time Warner Cable, Inc., 5.850%, 05/01/17		5,896		5,644
Time Warner, Inc., 5.500%, 11/15/11		1,306		1,297
Viacom, Inc., 6.125%, 10/05/17		766		747

				10,462

Miscellaneous Manufacturer (1.6%)
Caterpillar, Inc., 5.700%, 08/15/16		5		5
Clorox Co., 5.450%, 10/15/12		1,435		1,477
General Electric Co., 5.000%, 02/01/13		1,932		2,001

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Miscellaneous Manufacturer—continued

General Electric Co., 5.250%, 12/06/17		1,870		1,867
Kimberly-Clark Corp., 6.125%, 08/01/17		4,557		4,925
Siemens Financierings NV, 5.750%, 10/17/16(c)		2,350		2,406

				12,681

Oil & Gas (1.7%)
Air Products & Chemicals, Inc., 4.150%, 02/01/13		1,714		1,716
Enterprise Products Operating LP, Ser B, 5.600%, 10/15/14		3,418		3,420
Praxair, Inc., 4.625%, 03/30/15		4,615		4,663
Transocean, Inc., 6.000%, 03/15/18		2,990		3,076
Weatherford International Ltd., 4.950%, 10/15/13		535		545

				13,420

Pharmaceuticals (3.5%)
Abbott Laboratories, 5.600%, 11/30/17		4,824		5,047
Astrazeneca PLC, 5.900%, 09/15/17(d)		7,948		8,401
Covidien International Finance SA, 6.000%, 10/15/17(c)		2,858		2,946
Johnson & Johnson, 5.550%, 08/15/17		4,724		5,099
Merck & Co., Inc., 5.125%, 11/15/11		1,825		1,930
Schering-Plough, 6.000%, 09/15/17		4,142		4,163
Teva Pharmaceutical Finance LLC, 5.550%, 02/01/16		823		829

				28,415

Pipelines (1.1%)
CenterPoint Energy Resources Corp., Ser B, 7.875%, 04/01/13		2,503		2,780
El Paso Natural Gas, 5.950%, 04/15/17		590		579
Energy Transfer Partners, 6.700%, 07/01/18		4,889		4,925
Southern Natural Gas Co., 5.900%, 04/01/17(c)(d)		495		484

				8,768

Retail (1.4%)
J.C. Penney Corp., Inc., 5.750%, 02/15/18		467		431
Tesco PLC, 5.500%, 11/15/17(c)		3,306		3,373
Wal-Mart Stores, Inc., 5.800%, 02/15/18		7,289		7,639

				11,443

Software (0.1%)
Intuit, Inc., 5.750%, 03/15/17		658		637

Telecommunication Services (2.2%)
AT&T, Inc., 4.950%, 01/15/13		2,990		3,000
AT&T, Inc., 5.100%, 09/15/14		2,999		2,980
Cisco Systems, Inc., 5.500%, 02/22/16		3,113		3,221
Comcast Corp., 4.950%, 06/15/16		1,606		1,495
Rogers Wireless, Inc., 7.500%, 03/15/15		1,464		1,538
Verizon Communications, Inc., 5.550%, 02/15/16		1,542		1,534
Vodafone Group PLC, 5.500%, 06/15/11		4,148		4,218

				17,986

Transportation (0.4%)
United Parcel Service, Inc., 4.500%, 01/15/13		3,045		3,155

Total Corporate Bonds				269,293

U.S. Government Agency Mortgages (7.3%)
Fannie Mae (3.3%)
5.725%, 03/01/12		209		218
6.260%, 05/01/12		301		320
5.000%, 04/15/20		24,255		24,482

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Fannie Mae—continued

5.500%, 09/01/34		18		18
5.397%, 06/25/36		2,752		2,842

				27,880

Freddie Mac (3.6%)
6.500%, 08/01/08		15		15
4.500%, 04/17/23		16,265		16,164
5.500%, 07/15/27		1,674		1,723
5.500%, 11/15/28		2,995		3,095
5.500%, 05/15/29		3,050		3,148
5.500%, 01/15/30		4,754		4,913

				29,058

Ginnie Mae (0.4%)
4.449%, 03/16/25		315		319
4.811%, 05/16/27		423		432
4.271%, 01/16/28		373		376
3.760%, 09/16/28		420		420
4.300%, 07/16/29		186		187
5.375%, 02/16/31(a)		400		413
5.270%, 03/16/37(a)		400		410

				2,557

Total U.S. Government Agency Mortgages				59,495

Municipal Bonds (3.5%)
California State Department Water Resource Power Supply, Ser A, RB, 5.500%, 05/01/16, Prerefunded 05/01/12 @ 101, AMBAC		1,150		1,279
Chicago Illinois Board of Education, Ser C, GO, 5.000%, 12/01/31, Prerefunded 12/01/11 @ 100, FSA		1,450		1,570
Cincinnati Ohio City School District, Classroom Facilities Construction & Improvement, GO, 5.000%, 12/01/31, Prerefunded 12/01/13 @ 100, FSA		2,765		3,045
Clark County Washington School District No. 37, Vancouver, Ser B, GO, 5.750%, 12/01/15, Prerefunded 12/01/11 @ 100, SBG		1,535		1,701
Indianapolis Local Public Improvement Bond Bank, Waterworks Project, Ser A, RB, 5.250%, 07/01/33, Prerefunded 07/01/12 @ 100, MBIA		4,015		4,394
Lincoln Nebraska Electricity System, RB, 5.250%, 09/01/17, Prerefunded 09/01/11 @ 100		2,365		2,570
Metropolitan Transportation Authority, Ser B, RB, 5.250%, 11/15/32, Prerefunded 11/15/13 @ 100		2,900		3,240
Pennsylvania State Turnpike Commission, Registration Fee, RB, 5.125%, 07/15/23, Prerefunded 07/15/11 @ 101, AMBAC		2,055		2,230
San Antonio Independent School District Building, Ser A, GO, 5.000%, 08/15/31, Prerefunded 08/15/11 @ 100, PSF-GTD		3,610		3,884

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds—continued

Tacoma Washington Electric Systems, Ser A, RB, 5.750%, 01/01/18, Prerefunded 01/01/11 @ 101, FSA		1,365		1,494
University of Texas Permanent University Fund, Ser B, RB, 4.750%, 07/01/30, Prerefunded 07/01/14 @ 100		2,760		3,007

Total Municipal Bonds				28,414

U.S. Treasury Obligations (40.6%)
U.S. Treasury Notes (40.6%)
3.125%, 10/15/08		1,500		1,514
4.000%, 04/15/10(d)		112,461		117,785
4.250%, 10/15/10(d)		69,101		73,593
4.375%, 12/15/10(d)		23,428		25,085
4.875%, 04/30/11		33,535		36,537
4.125%, 08/31/12		37,145		39,847
3.625%, 12/31/12(d)		15,877		16,729
3.500%, 02/15/18(d)		19,375		19,487

Total U.S. Treasury Obligations				330,577

Short-Term Investments (33.7%)
Credit Suisse Enhanced Liquidity Fund(e)		274,032,601		274,033

Total Short-Term Investments				274,033

Money Market Fund (11.5%)
RidgeWorth Institutional Cash Management Money Market Fund(f)		93,245,965		93,246

Total Money Market Fund				93,246

Total Investments (Cost $1,143,186)(g) — 142.1%				1,156,331
Liabilities in excess of other assets — (42.1)%				(342,604	)

Net Assets — 100.0%			$	813,727


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of March 31, 2008 are identified below (in thousands):


Issue	Acquisition		Cost		Par		Value		Percent of
Description	Date		($)		($)		($)		Net Assets(%)
Commercial Industrial Finance Corp.		07/20/07		854		1,200		709		0.08
Marathon CLO Ltd.		07/19/07		516		645		451		0.06
Muir Grove CLO Ltd.		09/25/07		1,744		1,750		1,419		0.17


(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser 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 March 31, 2008.

(d)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $264,853.

(e)		This security was purchased with cash collateral held from securities lending.

(f)		Affiliate investment.

(g)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

MBIA		— Security insured by Municipal Bond Insurance Association

MTN		— Medium Term Note

RB		— Revenue Bond

SBG		— School Board Guaranty

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — continued

Credit Default Swap Agreements


		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)

Republic of Brazil	Citibank N.A.		1,485			2.10		03/20/13		28
Brunswick Corp.	Merrill Lynch		(120	)		1.15		03/20/17		13
Brunswick Corp.	Merrill Lynch		(500	)		1.20		03/20/17		54
Centex Corp.	Credit Suisse First Boston		(620	)		2.65		09/20/17		46
Gannett Co.	Citibank N.A.		(500	)		0.83		06/20/17		48
Istar Financial, Inc.	Citibank N.A.		(120	)		0.70		03/20/17		35
Istar Financial, Inc.	Citibank N.A.		(500	)		0.88		03/20/17		144
Aetna, Inc	Merrill Lynch		(1,005	)		1.43		06/20/13		(24	)
Dow Jones CDX Indicies; Series 10	Barclays Bank PLC		9,645			1.55		06/20/13		58
Colombia Government	Merrill Lynch		725			1.68		01/20/13		(13	)
Carnival Corp.	JPMorgan		(790	)		0.70		09/20/17		40
Dow Chemical Co.	Barclays Bank PLC		(620	)		0.67		09/20/17		13
Gannett Co.	Citibank N.A.		(120	)		0.81		06/20/17		12
Norfolk Southern Corp.	JPMorgan		(1,005	)		0.73		06/20/13		(4	)
Valero Energy Corp.	Morgan Stanley		(1,005	)		1.29		06/20/13		(5	)
UBS AG	Morgan Stanley		(1,005	)		1.80		06/20/13		(20	)

										425

Interest Rate Swaps

Notional

(Pay)/Receive

Fixed

Expiration

Underlying Instrument

Counterparty

Amount($)

Floating Rate

Rate(%)

Date

Value($)

2-Year New Zealand Bill

UBS

4,274

Receive

8.55

2/26/2010

26X1 TIIE

Citi

9,356

Receive

7.55

3/2/2010

2-Year New Zealand Bill

UBS

4,176

Receive

8.39

3/6/2010

5-Year CLP

Barclays Capital

2,091

Receive

6.42

1/25/2013

(84

)

(52

)

At March 31, 2008, liquid assets totaling $49,958, in thousands, have been designated as collateral for open swap agreements.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Intermediate Bond Fund — concluded

At March 31, 2008 the Fund’s foreign currency contracts were as follows:


			Contract
			Amount		Contract				Unrealized
	Delivery		in Local		Value in		Market		Appreciation
Currency	Date		Currency		USD($)		Value($)		(Depreciation)($)

Short:
Australian Dollar		04/29/08		864		756		786		(30	)
Australian Dollar		05/28/08		1,682		1,542		1,526		16
Australian Dollar		06/03/08		1,684		1,561		1,526		35
Australian Dollar		05/28/08		1,721		1,597		1,561		36
Brazilian Real		04/25/08		1,360		768		772		(4	)
Brazilian Real		06/13/08		2,756		1,616		1,550		66
Canadian Dollar		04/23/08		9,556		9,295		9,309		(14	)
Chilean Peso		04/23/08		353,350		743		808		(65	)
Chinese Yuan Renminbi		07/21/08		7,048		978		1,042		(64	)
Chinese Yuan Renminbi		07/21/08		10,590		1,469		1,566		(97	)
Euro		04/11/08		450		651		711		(60	)
Euro		05/19/08		6,640		9,665		10,462		(797	)
Euro		06/03/08		525		801		826		(25	)
Euro		06/03/08		1,041		1,615		1,639		(24	)
British Pound		04/24/08		4,765		9,295		9,440		(145	)
British Pound		04/29/08		759		1,495		1,503		(8	)
British Pound		06/03/08		798		1,580		1,576		4
British Pound		06/04/08		401		790		791		(1	)
British Pound		06/27/08		4,874		9,665		9,606		59
Japanese Yen		04/16/08		78,136		730		785		(55	)
Japanese Yen		04/16/08		1,960,012		18,310		19,685		(1,375	)
Norwegian Krone		06/04/08		4,145		799		810		(11	)
Norwegian Krone		06/04/08		4,165		809		814		(5	)
Norwegian Krone		06/18/08		8,206		1,578		1,601		(23	)
New Romanian Leu		04/11/08		1,666		660		704		(44	)
New Romanian Leu		05/15/08		3,936		1,545		1,652		(107	)
New Zealand Dollar		05/22/08		1,971		1,540		1,535		5
Turkish Lira		04/07/08		708		590		530		60
Turkish Lira		05/13/08		1,932		1,545		1,427		118
Turkish Lira		05/27/08		960		780		705		75
Turkish Lira		06/04/08		2,010		1,595		1,472		123
South African Rand		05/08/08		6,029		770		738		32
South African Rand		06/03/08		12,206		1,580		1,484		96

Total Short Contracts					$	88,713	$	90,942	$	(2,229	)

Long:
Australian Dollar		04/29/08		864		750		786		36
Australian Dollar		05/28/08		1,710		1,570		1,551		(19	)
Australian Dollar		05/28/08		1,694		1,580		1,536		(44	)
Australian Dollar		06/03/08		1,684		1,580		1,526		(54	)
Australian Dollar		06/17/08		1,718		1,600		1,553		(47	)
Australian Dollar		06/17/08		1,729		1,605		1,563		(42	)
Brazilian Real		04/25/08		1,360		745		772		27
Brazilian Real		06/13/08		1,379		805		776		(29	)
Brazilian Real		06/13/08		1,377		805		775		(30	)
Brazilian Real		06/17/08		2,754		1,600		1,548		(52	)
Chilean Peso		04/23/08		353,350		740		808		68
Chinese Yuan Renminbi		07/21/08		7,048		975		1,042		67
Chinese Yuan Renminbi		07/21/08		10,590		1,465		1,566		101
Euro		04/11/08		450		660		711		51
Euro		06/03/08		1,041		1,580		1,639		59
Euro		06/03/08		525		795		826		31
Euro		05/19/08		6,640		10,328		10,462		134
British Pound		04/29/08		759		1,481		1,503		22
British Pound		06/03/08		798		1,600		1,575		(25	)
British Pound		06/04/08		401		803		790		(13	)
Japanese Yen		04/16/08		78,136		737		785		48
Japanese Yen		04/16/08		1,960,012		18,476		19,685		1,209
Norwegian Krone		06/04/08		4,145		790		810		20
Norwegian Krone		06/04/08		4,165		800		814		14
Norwegian Krone		06/18/08		8,206		1,600		1,601		1
New Romanian Leu		04/11/08		1,666		639		704		65
New Romanian Leu		05/15/08		3,936		1,628		1,652		24
New Zealand Dollar		05/22/08		985		794		768		(26	)
New Zealand Dollar		05/22/08		985		782		768		(14	)
Peruvian New Sol		04/23/08		2,163		740		791		51
Peruvian New Sol		04/23/08		2,189		755		800		45
Turkish Lira		06/04/08		2,010		1,608		1,471		(137	)
Turkish Lira		04/07/08		708		589		530		(59	)
Turkish Lira		05/13/08		1,932		1,566		1,427		(139	)
Turkish Lira		05/27/08		960		767		705		(62	)
South African Rand		05/08/08		6,029		757		738		(19	)
South African Rand		06/03/08		12,205		1,588		1,484		(104	)

Total Long Contracts					$	67,683	$	68,841	$	1,158

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Investment Grade Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (3.3%)
Automobile ABS (0.9%)
Daimler Chrysler Auto Trust, Ser 2005-A, Cl A4, 3.740%, 02/08/10		1,443		1,446
Daimler Chrysler Auto Trust, Ser 2007-A, Cl A4, 5.280%, 03/08/13		1,062		1,088
Honda Auto Receivables Owner Trust, Ser 2006-3, Cl A4, 5.014%, 04/15/12		1,210		1,239

				3,773

Collateralized Loan Obligations ABS (0.5%)
Commercial Industrial Finance Corp., Ser 2006-1BA, Cl B2L, 6.599%, 12/22/20(a)(b)		960		567
Marathon CLO Ltd., Ser 2005-2A, Cl D, 7.242%, 12/20/19(a)(b)		515		360
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		1,450		1,176

				2,103

Credit Card ABS (0.2%)
Citibank Credit Card Issuance Trust, Ser 2008-A7, Cl A7, 4.150%, 07/07/17		1,000		946

Home Equity ABS (0.3%)
Citifinancial Mortgage Securities, Inc., Ser 2003-1, Cl AF5, 4.282%, 01/25/33(a)		975		962

Utility ABS (1.4%)
Centerpoint Energy Transition Bond Co., Ser 2008-A, Cl A2, 5.234%, 02/01/23(a)		1,621		1,588
CNH Equipment Trust, Ser 2007-C, Cl A3A, 5.210%, 12/15/11		1,691		1,719
MP Environmental Funding LLC, Ser 2007-A, Cl A1, 4.982%, 07/15/16		1,211		1,252
PECO Energy Transition Trust, Ser 2000-A, Cl A4, 7.650%, 03/01/10		839		885
PSE&G Transition Funding LLC, Ser 2001-1, Cl A8, 6.890%, 12/15/17		295		327

				5,771

Total Asset-Backed Securities				13,555

Collateralized Mortgage Obligations (17.1%)
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42		2,375		2,345
Banc of America Commercial Mortgage, Inc., Ser 2006-2, Cl A4, 5.740%, 05/10/45(a)		1,674		1,691
Banc of America Commercial Mortgage, Inc., Ser 2006-4, Cl A4, 5.630%, 07/10/46		1,675		1,669
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2001-TOP2, Cl A2, 6.480%, 02/15/35		2,540		2,601
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2006-PW13, Cl A4, 5.540%, 09/11/41		1,385		1,372
Chase Commercial Mortgage Securities Corp., Ser 2000-3, Cl A2, 7.319%, 10/15/32		1,025		1,061
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2005-CD1, Cl A4, 5.225%, 07/15/44(a)		2,995		2,990
Commercial Mortgage Pass-Through Certificates, Ser 2005-C6, Cl A5A, 5.116%, 06/10/44(a)		3,082		3,047

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

Countrywide Alternative Loan Trust, Ser 2006-HY12, Cl A5, 6.174%, 08/25/36(a)		3,004		2,234
Countrywide Home Loans, Ser 2004-J1, Cl 1A1, 4.500%, 01/25/19		861		809
CS First Boston Mortgage Securities Corp., Ser 2001-CF2, Cl A4, 6.505%, 02/15/34(a)		762		786
Fannie Mae, Ser 2005-20, Cl PC, 5.000%, 07/25/24		1,007		1,018
Fannie Mae, Ser 2007-77, Cl TD, 5.500%, 01/25/36		1,021		993
Fannie Mae, Ser 2007-79, Cl TD, 5.000%, 01/25/34		1,150		1,091
Freddie Mac, Ser 3134, Cl PA, 5.000%, 09/15/18		761		774
Freddie Mac, Ser 3347, Cl AK, 5.000%, 07/15/37		2,827		2,890
Freddie Mac, Ser 3349, Cl HE, 5.500%, 07/15/36		1,870		1,884
Freddie Mac. Ser 2966, Cl NW, 5.069%, 08/15/25		1,191		1,209
GE Capital Commercial Mortgage Corp., Ser 2000-1, Cl A2, 6.496%, 01/15/33		2,093		2,142
GE Capital Commercial Mortgage Corp., Ser 2006-C1, Cl A4, 5.340%, 03/10/44(a)		2,450		2,423
Ginnie Mae, Ser 2007-27, Cl NV, 5.500%, 04/20/36		1,342		1,353
Ginnie Mae, Ser 2007-41, Cl PB, 5.500%, 09/20/36		1,428		1,421
GMAC Commercial Mortgage Securities, Inc., Ser 2001-C1, Cl A2, 6.465%, 04/15/34		1,027		1,051
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 5.911%, 07/10/38(a)		2,439		2,490
GS Mortgage Securities Corp. II, Ser 2006-GG6, Cl A2, 5.506%, 04/10/38(a)		4,556		4,533
GS Mortgage Securities Corp. II, Ser 2006-GG8, Cl A4, 5.560%, 11/10/39(a)		1,200		1,188
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP4, Cl A4, 4.918%, 10/15/42(a)		701		684
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP5, Cl A4, 5.179%, 12/15/44(a)		2,115		2,109
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-LDP6, Cl A4, 5.475%, 04/15/43(a)		1,235		1,221
JPMorgan Commercial Mortgage Finance Co., Ser 2000-C10, Cl A2, 7.371%, 08/15/32		1,832		1,887
LB-UBS Commercial Mortgage Trust, Ser 2000-C5, Cl A2, 6.510%, 12/15/26(a)		1,181		1,211
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A4, 5.197%, 11/15/30(a)		878		873
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4, 5.228%, 02/15/31		2,430		2,366

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

LB-UBS Commercial Mortgage Trust, Ser 2006-C3, Cl A4, 5.661%, 03/15/39(a)		1,340		1,344
Merrill Lynch/Countrywide Commercial Mortgage Trust, Ser 2006-1, Cl A4, 5.427%, 02/12/39(a)		1,860		1,847
Morgan Stanley Capital I, Ser 2006-HQ10, Cl A4, 5.328%, 11/12/41(a)		2,705		2,637
Morgan Stanley Dean Witter Capital I, Ser 2001-TOP1, Cl A4, 6.660%, 02/15/33		1,875		1,938
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl A4, 5.210%, 10/15/44(a)		2,696		2,707
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S5, Cl 2A, 5.000%, 06/25/18(a)		897		898
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S7, Cl A1, 4.500%, 08/25/18		988		957

Total Collateralized Mortgage Obligations				69,744

Corporate Bonds (39.3%)
Aerospace/Defense (1.0%)
Boeing Co. (The), 5.125%, 02/15/13		1,419		1,487
Lockheed Martin Corp., 4.121%, 03/14/13		1,161		1,163
United Technologies Corp., 4.875%, 05/01/15		1,230		1,252

				3,902

Airlines (0.4%)
Delta Air Lines, Inc., Cl A, 6.821%, 08/10/22(c)		1,855		1,789

Auto Manufacturers (0.4%)
DaimlerChrysler NA Holding Corp., 8.500%, 01/18/31		1,268		1,450

Banks (3.4%)
Bank of America Corp., 7.400%, 01/15/11		3,339		3,575
Bank of America Corp., 5.375%, 09/11/12		1,920		1,997
Bank of New York Mellon, Ser G, 4.950%, 11/01/12		1,848		1,893
Bank of New York Mellon, Ser G, MTN, 4.500%, 04/01/13		814		820
Wachovia Corp., 5.300%, 10/15/11		1,961		1,980
Wachovia Corp., Ser G, 5.750%, 02/01/18		923		904
Wells Fargo & Co., 4.375%, 01/31/13		2,640		2,627

				13,796

Beverages (1.8%)
Anheuser-Busch Cos., Inc., 6.450%, 09/01/37		1,637		1,767
Coca-Cola Co., 5.350%, 11/15/17		2,362		2,465
Diageo Capital PLC, 5.200%, 01/30/13		943		975
SABMiller PLC, 6.200%, 07/01/11(c)		1,853		1,970

				7,177

Building Materials (0.4%)
Lafarge SA, 6.150%, 07/15/11		993		1,013
Martin Marietta Materials, Inc., 6.250%, 05/01/37		836		736

				1,749

Chemicals (0.3%)
Potash Corp. of Saskatchewan, Inc., 5.875%, 12/01/36		1,363		1,256

Commercial Services (0.9%)
Caterpillar Financial Services Corp., Ser F, 5.850%, 09/01/17		616		638

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Commercial Services—continued

ERAC USA Finance Co., 5.800%, 10/15/12(c)		1,225		1,167
ERAC USA Finance Co., 5.600%, 05/01/15(c)		1,148		1,024
Xerox Corp., 5.500%, 05/15/12		908		916

				3,745

Computers (0.6%)
Dell, Inc., 7.100%, 04/15/28		443		465
Hewlett-Packard Co., 4.500%, 03/01/13		804		816
IBM Corp., 5.700%, 09/14/17		783		820
IBM Corp., 5.875%, 11/29/32		340		334

				2,435

Consumer Staples (0.3%)
Kellogg Co., 4.250%, 03/06/13		1,190		1,186

Diversified Financial Services (10.1%)
ABX Financing Co., 6.350%, 10/15/36(c)		873		842
American Express Co., 6.150%, 08/28/17(d)		1,189		1,184
Citigroup, Inc., 5.125%, 05/05/14(d)		1,344		1,313
Citigroup, Inc., 6.000%, 08/15/17		623		614
Citigroup, Inc., 5.850%, 12/11/34		542		471
Citigroup, Inc., 6.875%, 03/05/38		756		756
Credit Suisse (USA), Inc., 6.125%, 11/15/11		1,320		1,395
Credit Suisse (USA), Inc., 6.500%, 01/15/12		692		736
Fund American Cos., Inc., 5.875%, 05/15/13		2,245		2,340
General Electric Capital Corp., Ser A, 5.450%, 01/15/13		1,563		1,637
Goldman Sachs Group, Inc. (The), 4.750%, 07/15/13		2,055		1,998
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18		1,906		1,887
HSBC Finance Corp., 6.375%, 01/01/49		1,280		1,296
HSBC Holdings PLC, 7.625%, 05/17/32		774		822
International Lease Finance Corp., Ser Q, 5.250%, 01/10/13		679		665
International Lease Finance Corp., Ser R, 5.625%, 09/15/10		1,377		1,388
International Lease Finance Corp., Ser R, 5.625%, 09/20/13		456		447
Janus Capital Group, Inc., 5.875%, 09/15/11		783		793
Jefferies Group, Inc., 6.450%, 06/08/27		1,047		841
JPMorgan Chase & Co., 6.625%, 03/15/12		2,749		2,923
JPMorgan Chase & Co., 5.375%, 10/01/12		1,843		1,914
Lazard Group LLC, 7.125%, 05/15/15		2,326		2,262
Lehman Brothers Holdings, Inc., MTN, 5.625%, 01/24/13		2,416		2,349
Merrill Lynch & Co., Inc., 5.770%, 07/25/11		2,090		2,117
Merrill Lynch & Co., Inc., Ser C, MTN, 6.050%, 08/15/12		1,119		1,137
Morgan Stanley, 5.300%, 03/01/13		3,029		3,019
Northern Trust Co., 5.200%, 11/09/12		2,158		2,276
TIAA Global Markets, 5.125%, 10/10/12(c)		1,515		1,567

				40,989

Electric (2.6%)
CenterPoint Energy, Inc., Ser A-4, 5.170%, 08/01/19		1,353		1,356
Enel Finance International, 6.800%, 09/15/37(c)		1,497		1,510

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Electric—continued

Exelon Generation Co. LLC, 6.200%, 10/01/17		1,441		1,428
MidAmerican Energy Holdings Co., 6.125%, 04/01/36		1,303		1,259
Nevada Power Co., Ser L, 5.875%, 01/15/15		456		447
Nevada Power Co., Ser R, 6.750%, 07/01/37		974		934
Oncor Electric Delivery Co., 7.000%, 05/01/32		856		806
Pacific Gas & Electric Co., 6.050%, 03/01/34		1,411		1,383
Public Service Colorado, Ser 17, 6.250%, 09/01/37		780		812
Wisconsin Power & Light Co., 6.375%, 08/15/37		793		814

				10,749

Insurance (0.9%)
American International Group, Ser G, 5.600%, 10/18/16		2,442		2,395
Metlife, Inc., 5.700%, 06/15/35		295		262
Travelers Cos., Inc. (The), 5.375%, 06/15/12		963		999

				3,656

Machinery Diversified (0.1%)
Caterpillar, Inc., 6.050%, 08/15/36		254		260

Media (1.3%)
News America Holdings, Inc., 6.200%, 12/15/34		679		647
Time Warner Cable, Inc., 5.850%, 05/01/17		3,560		3,408
Time Warner, Inc., 6.500%, 11/15/36		840		770
Viacom, Inc., 6.125%, 10/05/17		325		317

				5,142

Miscellaneous Manufacturer (2.2%)
Clorox Co., 5.450%, 10/15/12		609		627
General Electric Co., 5.000%, 02/01/13		3,672		3,804
General Electric Co., 5.250%, 12/06/17		1,107		1,106
Kimberly-Clark Corp., 6.125%, 08/01/17		2,138		2,310
Siemens Financierings NV, 6.125%, 08/17/26(c)		1,006		982

				8,829

Oil & Gas (2.5%)
Air Products & Chemicals, Inc., 4.150%, 02/01/13		967		968
Apache Corp., 6.000%, 01/15/37		823		831
ConocoPhillips, 5.900%, 10/15/32		602		615
Enterprise Products Operating LP, Ser B, 5.750%, 03/01/35(d)		993		859
Praxair, Inc., 4.625%, 03/30/15		2,500		2,526
Transocean, Inc., 6.000%, 03/15/18		599		616
Transocean, Inc., 6.800%, 03/15/38		1,284		1,312
Weatherford International, Inc., 6.500%, 08/01/36		916		873
Western Oil Sands, Inc., 8.375%, 05/01/12		1,525		1,713

				10,313

Pharmaceuticals (3.1%)
Abbott Laboratories, 5.600%, 11/30/17		2,955		3,091
AstraZeneca PLC, 6.450%, 09/15/37		2,430		2,607
Covidien International Finance SA, 6.000%, 10/15/17(c)		1,760		1,814
Johnson & Johnson, 5.550%, 08/15/17		2,159		2,331
Merck & Co., Inc., 5.125%, 11/15/11		967		1,023

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Pharmaceuticals—continued

Schering-Plough Corp., 6.550%, 09/15/37		1,184		1,140
Teva Pharmaceutical Finance LLC, 6.150%, 02/01/36		613		598

				12,604

Pipelines (1.8%)
CenterPoint Energy Resources Corp., Ser B, 7.875%, 04/01/13		1,191		1,323
Colonial Pipeline Co., 6.375%, 08/01/37(c)		1,680		1,656
El Paso Natural Gas, 5.950%, 04/15/17		650		638
Energy Transfer Partners, 7.500%, 07/01/38		1,774		1,779
Southern Natural Gas Co., 5.900%, 04/01/17(c)(d)		445		435
Trans-Canada Pipelines, 6.200%, 10/15/37		1,610		1,552

				7,383

Retail (1.8%)
J.C. Penney Corp., Inc., 5.750%, 02/15/18		284		262
Tesco PLC, 5.500%, 11/15/17(c)		2,060		2,102
Wal-Mart Stores, Inc., 5.250%, 09/01/35		492		435
Wal-Mart Stores, Inc., 6.500%, 08/15/37		4,505		4,730

				7,529

Software (0.1%)
Intuit, Inc., 5.750%, 03/15/17		373		361

Telecommunication Services (2.9%)
AT&T, Inc., 4.950%, 01/15/13		1,738		1,744
AT&T, Inc., 5.100%, 09/15/14		1,548		1,538
AT&T, Inc., 6.450%, 06/15/34		947		925
Cisco Systems, Inc., 5.500%, 02/22/16		1,913		1,979
Comcast Corp., 6.450%, 03/15/37		856		807
Rogers Wireless, Inc., 7.500%, 03/15/15		890		935
Verizon Communications, Inc., 5.550%, 02/15/16		1,337		1,330
Vodafone Group PLC, 5.500%, 06/15/11(d)		2,464		2,506

				11,764

Transportation (0.4%)
United Parcel Service, Inc., 4.500%, 01/15/13		1,787		1,851

Total Corporate Bonds				159,915

U.S. Government Agencies (0.6%)
Fannie Mae (0.4%)
3.250%, 02/15/09(d)		1,000		1,008
5.125%, 01/02/14		500		519

				1,527

Freddie Mac (0.2%)
4.050%, 11/17/09		700		720

Total U.S. Government Agencies				2,247

U.S. Government Agency Mortgages (9.5%)
Fannie Mae (3.9%)
5.000%, 04/15/20		12,084		12,197
5.500%, 09/01/34		414		419
5.397%, 06/25/36		3,052		3,153

				15,769

Freddie Mac (5.6%)
4.500%, 04/17/23		8,103		8,052
5.500%, 07/15/27		1,864		1,919
5.500%, 11/15/28		3,327		3,437
5.500%, 05/15/29		3,372		3,480
5.500%, 01/15/30		5,283		5,459

				22,347

Ginnie Mae ( — %)
7.000%, 04/15/13		141		148
7.000%, 08/15/14		96		101
7.000%, 05/15/31		55		59

				308

Total U.S. Government Agency Mortgages				38,424

U.S. Treasury Obligations (22.0%)
U.S. Treasury Bond (2.8%)
4.750%, 02/15/37		10,746		11,558

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
U.S. Treasury Notes (19.2%)
3.125%, 10/15/08		1,000		1,009
4.250%, 10/15/10(d)		9,757		10,391
4.375%, 12/15/10(d)		22,135		23,701
4.875%, 04/30/11		2,689		2,930
4.125%, 08/31/12		16,458		17,655
3.625%, 12/31/12(d)		6,577		6,930
3.500%, 02/15/18(d)		12,982		13,057
5.000%, 05/15/37(d)		2,185		2,444

				78,117

Total U.S. Treasury Obligations				89,675

Municipal Bonds (3.5%)
California State Department Water Resource Power Supply, Ser A, RB, 5.500%, 05/01/16, Prerefunded 05/01/12 @ 101, AMBAC		580		645
Chicago Illinois Board of Education, Ser C, GO, 5.000%, 12/01/31, Prerefunded 12/01/11 @ 100, FSA		730		791
Cincinnati Ohio City School District, Classroom Facilities Construction & Improvement, GO, 5.000%, 12/01/31, Prerefunded 12/01/13 @ 100, FSA		1,385		1,525
Clark County Washington School District No. 37, Vancouver, Ser B, GO, 5.750%, 12/01/15, Prerefunded 12/01/11 @ 100, SBG		770		853
Indianapolis Local Public Improvement Bond Bank, Waterworks Project, Ser A, RB, 5.250%, 07/01/33, Prerefunded 07/01/12 @ 100, MBIA		2,005		2,194
Lincoln Nebraska Electricity System, RB, 5.250%, 09/01/17, Prerefunded 09/01/11 @ 100		1,180		1,282
Metropolitan Transportation Authority, Ser B, RB, 5.250%, 11/15/32, Prerefunded 11/15/13 @ 100		1,440		1,609
Pennsylvania State Turnpike Commission, Registration Fee, RB, 5.125%, 07/15/23, Prerefunded 07/15/11 @ 101, AMBAC		1,115		1,210
San Antonio Independent School District Building, Ser A, GO, 5.000%, 08/15/31, Prerefunded 08/15/11 @ 100, PSF-GTD		1,800		1,938
Tacoma Washington Electiric Systems, Ser A, RB, 5.750%, 01/01/18, Prerefunded 01/01/11 @ 101, FSA		680		744
University of Texas Permanent University Fund, Ser B, RB, 4.750%, 07/01/30, Prerefunded 07/01/14 @ 100		1,370		1,492

Total Municipal Bonds				14,283

Short-Term Investments (14.4%)
Credit Suisse Enhanced Liquidity Fund(e)		58,662,000		58,662

Total Short Term Investments				58,662

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Money Market Fund (10.4%)
RidgeWorth Institutional Cash Management Money Market Fund(f)		42,513,760		42,514

Total Money Market Fund				42,514

Total Investments (Cost $483,772)(g) — 120.1%				489,019
Liabilities in excess of other assets — (20.1)%				(81,705	)

Net Assets — 100.0%			$	407,314


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of March 31, 2008 are identified below (in thousands):


Issue	Acquisition		Cost		Par		Value		Percent of
Description	Date		($)		($)		($)		Net Assets(%)


Commercial Industrial Finance Corp.		07/20/07		683		960		567		0.14
Marathon CLO Ltd.		07/19/07		412		515		360		0.08
Muir Grove CLO Ltd.		9/25/2007		1,445		1,450		1,176		0.29


(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 4.3% of net assets as of March 31, 2008.

(d)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $56,954.

(e)		This security was purchased with cash collateral held from securities lending.

(f)		Affiliate investment.

(g)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

MBIA		— Security insured by Municipal Bond Insurance Association

MTN		— Medium Term Note

RB		— Revenue Bond

SBG		— School Board Guaranty

Credit Default Swap Agreements


		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)

Republic of Brazil	Citibank N.A.		800			2.10		03/20/13		15
Brunswick Corp.	Merrill Lynch		(740	)		1.15		03/20/17		83
Centex Corp.	Credit Suisse First Boston		(740	)		2.65		09/20/17		55
Gannett Co.	Citibank N.A.		(740	)		0.81		06/20/17		72
Istar Financial, Inc.	Citibank N.A.		(740	)		0.70		03/20/17		218
Aetna, Inc	Merrill Lynch		(535	)		1.43		06/20/13		(13	)
Dow Jones CDX Indicies; Series 10	Barclays Bank PLC		8,685			1.55		06/20/13		53
Colombian Government	Merrill Lynch		395			1.68		01/20/13		(7	)
Carnival Corp.	JPMorgan		(645	)		0.70		09/20/17		33
Dow Chemical Co.	Barclays Bank PLC		(740	)		0.67		09/20/17		14
Norfolk Southern Corp.	JPMorgan		(535	)		0.73		06/20/13		(3	)
Valero Energy Corp.	Morgan Stanley		(535	)		1.29		06/20/13		(3	)
UBS AG	Morgan Stanley		(535	)		1.80		06/20/13		(11	)

										506

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Investment Grade Bond Fund — concluded

Interest Rate Swaps

Notional

(Pay)/Receive

Fixed

Expiration

Underlying Instrument

Counterparty

Amount($)

Floating Rate

Rate(%)

Date

Value($)

2-Year New Zealand Bill

UBS

2,172

Receive

8.55

2/26/2010

26X1 TIIE

Citi

4,726

Receive

7.55

3/2/2010

2-Year New Zealand Bill

UBS

2,112

Receive

8.39

3/6/2010

5-Year CLP

Barclays Capital

1,126

Receive

6.42

1/25/2013

(46

)

(30

)

At March 31, 2008, liquid assets totaling $36,690, in thousands, have been designated as collateral for open swap agreements.

At March 31, 2008 the Fund’s foreign currency contracts were as follows:


			Contract
			Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)

Short:
Australian Dollar		04/29/08		466		408		425		(17	)
Australian Dollar		05/28/08		847		776		768		8
Australian Dollar		06/03/08		847		786		768		18
Australian Dollar		05/28/08		866		804		785		19
Brazilian Real		04/25/08		730		412		415		(3	)
Brazilian Real		06/13/08		1,370		803		770		33
Canadian Dollar		04/23/08		5,146		5,005		5,013		(8	)
Chilean Peso		04/23/08		191,000		401		437		(36	)
Chinese Yuan Renminbi		07/21/08		5,639		782		834		(52	)
Chinese Yuan Renminbi		07/21/08		8,458		1,173		1,251		(78	)
Euro		04/11/08		269		390		425		(35	)
Euro		05/19/08		3,428		4,990		5,401		(411	)
Euro		06/03/08		267		408		421		(13	)
Euro		06/03/08		524		812		825		(13	)
British Pound		04/24/08		2,566		5,005		5,083		(78	)
British Pound		04/29/08		411		810		814		(4	)
British Pound		06/03/08		401		795		793		2
British Pound		06/04/08		200		395		396		(1	)
British Pound		06/27/08		2,517		4,990		4,959		31
Japanese Yen		04/16/08		42,279		395		425		(30	)
Japanese Yen		04/16/08		1,058,685		9,890		10,633		(743	)
Norwegian Krone		06/04/08		2,073		399		405		(6	)
Norwegian Krone		06/04/08		2,083		404		407		(3	)
Norwegian Krone		06/18/08		4,103		789		800		(11	)
New Romanian Leu		04/11/08		997		395		421		(26	)
New Romanian Leu		05/15/08		2,038		800		855		(55	)
New Zealand Dollar		05/22/08		1,011		790		788		2
Turkish Lira		04/07/08		474		395		355		40
Turkish Lira		05/13/08		1,000		800		739		61
Turkish Lira		05/27/08		492		400		362		38
Turkish Lira		06/04/08		1,014		805		743		62
South African Rand		05/08/08		3,171		405		388		17
South African Rand		06/03/08		6,103		790		742		48

Total Short Contracts					$	47,402	$	48,646	$	(1,244	)

Long:
Australian Dollar		04/29/08		466		405		425		20
Australian Dollar		05/28/08		866		795		785		(10	)
Australian Dollar		05/28/08		847		790		768		(22	)
Australian Dollar		06/03/08		847		795		768		(27	)
Australian Dollar		06/17/08		859		800		777		(23	)
Australian Dollar		06/17/08		862		800		779		(21	)
Brazilian Real		04/25/08		730		400		415		15
Brazilian Real		06/13/08		685		400		385		(15	)
Brazilian Real		06/13/08		684		400		385		(15	)
Brazilian Real		06/17/08		1,377		800		774		(26	)
Chilean Peso		04/23/08		191,000		400		437		37
Chinese Yuan Renminbi		07/21/08		8,458		1,170		1,251		81
Chinese Yuan Renminbi		07/21/08		5,639		780		834		54
Euro		04/11/08		269		395		425		30
Euro		06/03/08		524		795		825		30
Euro		06/03/08		267		405		421		16
Euro		05/19/08		3,428		5,332		5,401		69
British Pound		04/29/08		411		802		814		12
British Pound		06/03/08		401		805		793		(12	)
British Pound		06/04/08		200		401		396		(5	)
Japanese Yen		04/16/08		42,279		399		425		26
Japanese Yen		04/16/08		1,058,685		9,980		10,633		653
Norwegian Krone		06/04/08		2,073		395		405		10
Norwegian Krone		06/04/08		2,083		400		407		7
Norwegian Krone		06/18/08		4,103		800		800		0
New Romanian Leu		04/11/08		997		382		421		39
New Romanian Leu		05/15/08		2,038		843		855		12
New Zealand Dollar		05/22/08		505		407		394		(13	)
New Zealand Dollar		05/22/08		505		401		394		(7	)
Peruvian New Sol		04/23/08		1,169		400		427		27
Peruvian New Sol		04/23/08		1,174		405		429		24
Turkish Lira		06/04/08		1,014		812		743		(69	)
Turkish Lira		04/07/08		474		394		355		(39	)
Turkish Lira		05/13/08		1,000		811		739		(72	)
Turkish Lira		05/27/08		492		393		362		(31	)
South African Rand		05/08/08		3,171		398		388		(10	)
South African Rand		06/03/08		6,103		794		742		(52	)

Total Long Contracts					$	36,084	$	36,777	$	693

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Investment Grade Tax-Exempt Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (90.0%)
Alabama (3.5%)
Alabama Public School & College Authority, Capital Improvements, Ser C, RB, 5.750%, 07/01/17, Callable 07/01/09 @ 101.50		3,950		4,149
Alabama Water Pollution Control Authority, RB, 5.750%, 08/15/12, Callable 08/15/09 @ 100, AMBAC		5,205		5,389
Auburn University, Ser A, RB, 6.000%, 06/01/16, Callable 06/01/11 @ 100, MBIA		4,060		4,395
Huntsville, Ser A, GO, 5.625%, 05/01/16, Callable 05/01/12 @ 102		2,375		2,638
Huntsville, Ser A, GO, 5.750%, 05/01/19, Callable 05/01/12 @ 102		2,800		3,064

				19,635

Alaska (0.6%)
Anchorage, Ser B, GO, 5.000%, 12/01/18, Callable 06/01/15 @ 100, MBIA		3,140		3,348

Arizona (2.9%)
Arizona Water Infrastructure Finance Authority, Water Quality, Ser A, RB, 5.625%, 10/01/12, Callable 10/01/09 @ 101		3,280		3,447
Chandler, GO, 5.000%, 07/01/19, Callable 07/01/17 @ 100		5,900		6,385
Salt River Project Agricultural Improvement & Power District Electric System, Ser A, RB, 5.000%, 01/01/10		3,970		4,150
Salt River Project Agricultural Improvement & Power District Electric System, Ser A, RB, 5.000%, 01/01/20, Callable 01/01/18 @ 100		2,000		2,137

				16,119

California (9.6%)
California State Department of Water Resources Power Supply, Ser A, RB, 5.500%, 05/01/14, Callable 05/01/12 @ 101, AMBAC		3,140		3,415
California State Department of Water Resources Power Supply, Ser A, RB, 5.500%, 05/01/15, Callable 05/01/12 @ 101, AMBAC		5,800		6,240
California State Economic Recovery, Ser A, GO, 5.000%, 01/01/10		7,460		7,786
California State Economic Recovery, Ser B, GO, 5.000%, 07/01/23, Mandatory Put 03/01/11		5,000		5,261
California State, Department of Water Resources Power Supply, Ser A, RB, 6.000%, 05/01/14, Callable 05/01/12 @ 101		2,950		3,280
California State, GO, 5.500%, 11/01/33, Callable 11/01/13 @ 100		11,000		11,218
Fresno Unified School District, Ser A, GO, 6.550%, 08/01/20, Callable 02/01/13 @ 103, MBIA		1,000		1,136

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
California—continued

Los Angeles Unified School District, Ser A-1, GO, 4.500%, 07/01/25, Callable 07/01/17 @ 100, MBIA		5,500		5,326
Orange County, Loma Ridge/Data Center Project, COP, 6.000%, 06/01/21, Prerefunded 06/01/19 @ 100, AMBAC		2,075		2,367
Port of Oakland, Ser K, RB, AMT, 5.750%, 11/01/22, Callable 05/01/10 @ 100, FGIC		8,160		8,220

				54,249

Colorado (1.9%)
Denver City & County Airport, Ser A, RB, AMT, 5.500%, 11/15/14, Callable 11/15/11 @ 100, FGIC		5,000		5,187
Douglas County School District No. RE1, Douglas & Ebert Counties, GO, 5.750%, 12/15/20, Callable 12/15/14 @ 100, FGIC		2,540		2,800
Metropolitan Wastewater Reclamation District, RB, 5.450%, 04/01/12, Callable 04/01/08 @ 100		2,570		2,576

				10,563

Florida (2.3%)
Orange County Health Facilities Authority, RB, 5.000%, 01/01/29, Prerefunded 01/01/15 @ 100		6,710		7,391
Orlando Utilities Commission, RB, 5.250%, 10/01/19, Callable 10/01/11 @ 101		2,500		2,629
Palm Beach County School Board, Ser B, COP, 5.000%, 08/01/25, Callable 08/01/11 @ 100, FGIC		3,000		3,085

				13,105

Georgia (6.0%)
Atlanta Airport, Ser C, RB, AMT, 6.250%, 01/01/13, Callable 01/01/10 @ 101, FGIC		8,170		8,528
Georgia State Road & Tollway Authority, Ser A, RB, 5.000%, 06/01/11		10,050		10,752
Georgia State, Ser B, GO, 5.000%, 07/01/17, Callable 07/01/15 @ 100		2,000		2,175
Gwinnett County School District, GO, 5.000%, 02/01/11		11,800		12,592

				34,047

Illinois (9.0%)
Grundy Kendall & Will Counties Community School District No. 201, GO, 5.750%, 10/15/21, Callable 10/15/18 @ 100, Assured Guaranty		4,500		4,993
Illinois Municipal Electric Agency Power Supply, RB, 5.250%, 02/01/21, Callable 02/01/17 @ 100, FGIC		5,420		5,620
Illinois State Sales Tax, Ser X, RB, 5.500%, 06/15/13, Callable 06/15/08 @ 100.50		3,390		3,432
Illinois State Toll Highway Authority, RB, 5.000%, 01/01/19, Callable 07/01/15 @ 100, FSA		6,400		6,766

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Illinois—continued

Illinois State Toll Highway Authority, Ser A, RB, 5.000%, 01/01/18, Callable 07/01/15 @ 100, FSA		7,460		7,954
Illinois State Toll Highway Authority, Ser A-1, RB, 5.000%, 01/01/20, Callable 07/01/16 @ 100, FSA		2,500		2,635
Illinois State Toll Highway Authority, Ser A-1, RB, 5.000%, 01/01/24, Callable 07/01/16 @ 100, FSA		7,000		7,171
Illinois State Toll Highway Authority, Ser A-1, RB, 5.000%, 01/01/26, Callable 07/01/16 @ 100, FSA		2,500		2,770
Illinois State, First Ser, GO, 5.375%, 12/01/15, Callable 12/01/12 @ 100, FSA		8,600		9,397

				50,738

Kansas (1.8%)
Johnson County Unified School District No. 229, Ser A, GO, 5.000%, 10/01/11, MBIA		4,670		5,027
Lenexa, Refunding & Improvements, Ser A, GO, 5.000%, 09/01/09, FSA		5,115		5,313

				10,340

Maryland (9.3%)
Anne Arundel County, General Improvement, GO, 5.000%, 03/01/14		2,000		2,197
Baltimore County, GO, 5.000%, 02/01/16		8,000		8,858
Maryland State & Local Facilities, Second Ser, GO, 5.000%, 07/15/09, Callable 07/15/08 @ 101		8,055		8,202
Maryland State & Local Facilities, Second Ser, GO, 5.000%, 08/01/18, Callable 08/01/13 @ 100		7,005		7,397
Maryland State & Local Facilities, Ser 1, GO, 5.000%, 03/01/16		6,720		7,444
Maryland State Department of Transportation Consolidated Transportation, RB, 5.000%, 02/15/16		6,000		6,598
Maryland State, Capital Improvement, Ser A, GO, 5.000%, 02/15/18, Callable 02/15/15 @ 100		10,625		11,429

				52,125

Massachusetts (1.8%)
Massachusetts State, Consolidated Lien, Ser A, GO, 5.000%, 03/01/21, Prerefunded 03/01/15 @ 100		4,000		4,416
Massachusetts State, Consolidated Lien, Ser A, GO, 5.000%, 03/01/23, Prerefunded 03/01/15 @ 100, FSA		5,000		5,521

				9,937

Michigan (3.3%)
Detroit Water Supply System, Ser A, RB, 5.750%, 07/01/26, Prerefunded 01/01/10 @ 101, FGIC		6,265		6,696
Kent Hospital Finance Authority, Spectrum Health, Ser A, RB, 5.000%, 01/15/47		3,000		3,080
Michigan Municipal Bond Authority, Clean Water State Revolving Fund, RB, 5.375%, 10/01/17, Callable 10/01/12 @ 100		3,300		3,583

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Michigan—continued

Michigan Municipal Bond Authority, Clean Water State Revolving Fund, RB, 5.000%, 10/01/26, Callable 10/01/14 @ 100		5,100		5,182

				18,541

Missouri (0.9%)
Missouri State Highways & Transportation Commission, RB, 5.000%, 02/01/15		4,750		5,220

New Jersey (4.0%)
Garden State Preservation Trust, Open Space & Farmland Preservation, Ser A, RB, 5.800%, 11/01/18, Callable 11/01/15 @ 100, FSA		8,000		9,106
Garden State Preservation Trust, Open Space & Farmland Preservation, Ser A, RB, 5.800%, 11/01/20, Callable 11/01/15 @ 100, FSA		10,000		11,279
Newark Housing Authority Port, RB, 5.000%, 01/01/37, Prerefunded 01/10/14 @ 100, MBIA		1,800		1,977

				22,362

New Mexico (1.0%)
New Mexico Finance Authority State Transportation, RB, 5.000%, 06/15/11, AMBAC		5,500		5,888

New York (10.7%)
Buffalo School Improvements, Ser D, GO, 5.500%, 12/15/14, Callable 12/15/11 @ 100, FGIC		1,075		1,160
Metropolitan Transportation Authority, Service Contract, Ser A, RB, 5.500%, 07/01/20, Callable 07/01/12 @ 100, MBIA		4,500		4,772
New York State Local Government Assistance Corp., Ser A, RB, 5.000%, 04/01/20, Callable 04/01/18 @ 100		7,000		7,464
New York, Ser G, GO, 5.000%, 08/01/19, Callable 02/01/16 @ 100, AMBAC		22,500		23,864
Tobacco Settlement Financing Corp., Ser A1, RB, 5.250%, 06/01/13, Callable 06/01/08 @ 100		10,000		10,025
Tobacco Settlement Financing Corp., Ser A1, RB, 5.500%, 06/01/14, Callable 06/01/09 @ 100		3,750		3,821
Tobacco Settlement Financing Corp., Ser C1, RB, 5.250%, 06/01/12, Callable 06/01/08 @ 100		1,995		1,998
Triborough Bridge & Tunnel Authority, Ser A, RB, 5.000%, 11/15/24, Callable 11/15/16 @ 100		6,715		6,909

				60,013

North Carolina (2.5%)
North Carolina State Grant Anticipation, RB, 5.000%, 03/01/14, MBIA		4,500		4,921
North Carolina State, GO, 5.000%, 05/01/16, Callable 05/01/13 @ 100		3,500		3,775
North Carolina State, Ser A, GO, 5.000%, 06/01/18, Callable 06/01/16 @ 100		5,000		5,433

				14,129

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Pennsylvania (3.9%)
Easton Area School District, Ser 2006, GO, 7.750%, 04/01/25, Callable 04/01/16 @ 100, FSA		8,790		10,692
Pennsylvania State Projects, First Ser, GO, 5.250%, 02/01/13, MBIA		5,755		6,330
Pennsylvania State, Second Ser, GO, 5.000%, 03/01/10		4,605		4,831

				21,853

Puerto Rico (3.1%)
Puerto Rico Commonwealth Highway & Transportation Authority, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		5,000		5,192
Puerto Rico Commonwealth Highway & Transportation Authority, RB, 5.250%, 07/01/17, Callable 07/01/13 @ 100, FGIC		5,260		5,391
Puerto Rico Commonwealth Highway & Transportation Authority, Ser G, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		2,720		2,887
Puerto Rico Commonwealth Municipal Finance Agency, Ser A, RB, 5.250%, 08/01/14, Callable 08/01/12 @ 100, FSA		4,000		4,276

				17,746

Tennessee (0.4%)
Hamilton County, GO, 5.000%, 03/01/11		2,000		2,132

Texas (7.5%)
Dallas, GO, 5.000%, 02/15/17, Callable 02/15/15 @ 100		5,700		6,177
Dallas, GO, 5.000%, 02/15/18, Callable 02/15/15 @ 100		7,175		7,623
Irving Waterworks & Sewer, RB, 5.950%, 06/15/19, Prerefunded 06/15/09 @ 100.50		1,460		1,540
North Harris County Regional Water Authority, RB, 5.250%, 12/15/18, Callable 12/15/14 @ 100, MBIA		2,690		2,886
North Texas Tollway Authority, Ser A, RB, 6.000%, 01/01/23, Callable 01/01/18 @ 100		5,000		5,283
North Texas Tollway Authority, Ser A, RB, 6.000%, 01/01/24, Callable 01/01/18 @ 100		5,000		5,244
Texas State University Systems Financing, RB, 5.000%, 03/15/18, Callable 03/15/15 @ 100, FSA		5,035		5,348
Travis County Health Facilities Development Corp., Ascension Health Credit, Ser A, RB, 6.250%, 11/15/17, Prerefunded 11/15/09 @ 101, MBIA		7,390		7,948

				42,049

Virginia (2.5%)
Fairfax County, Public Improvement, Ser A, GO, 5.000%, 04/01/15, State Aid Withholding		7,000		7,748

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Investment Grade Tax-Exempt Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Richmond, Ser B, GO, 5.250%, 07/15/16, Callable 07/15/13 @ 100, FSA		6,040		6,593

				14,341

Washington (1.5%)
Energy Northwest Electric, Ser B, RB, 6.000%, 07/01/17, Callable 07/01/12 @ 100, MBIA		2,450		2,697
Pierce County School District No. 10, Tacoma, GO, 5.000%, 12/01/16, Callable 12/01/13 @ 100, FGIC		5,200		5,582

				8,279

Total Municipal Bonds				506,759

Money Market Fund (11.2%)
Federated Tax-Free Obligations Fund		35,419,978		35,420
SEI Tax Exempt Trust, Institutional Tax Free Fund		27,528,123		27,528

Total Money Market Fund				62,948

Total Investments (Cost $564,594)(a) — 101.2%				569,707
Liabilities in excess of other assets — (1.2)%				(6,532	)

Net Assets — 100.0%			$	563,175


(a)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

AMT		— Alternative Minimum Tax Paper

COP		— Certificate of Participation

FGIC		— Security insured by Financial Guaranty Insurance Company

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

MBIA		— Security insured by Municipal Bond Insurance Association

RB		— Revenue Bond

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Limited Duration Fund


	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (68.0%)
Automobile ABS (22.9%)
Capital Auto Receivables Asset Trust, Ser 2005-1, Cl A4, 4.050%, 07/15/09		476		475
Capital Auto Receivables Asset Trust, Ser 2007-SN1, CL A4, 2.918%, 02/15/11(a)		1,000		978
Chase Manhattan Auto Owner Trust, Ser 2005-B, Cl A3, 4.840%, 07/15/09		56		56
Daimler Chrysler Master Owner Trust, Ser 2005-A, Cl A, 2.868%, 04/15/10(a)		1,000		998
Ford Credit Auto Owner Trust, Ser 2006-C, Cl A2B, 2.838%, 12/15/09(a)		809		808
Ford Credit Auto Owner Trust, Ser 2006-C, Cl A4B, 2.858%, 02/15/12(a)		100		97
Ford Credit Auto Owner Trust, Ser 2007-B, Cl A3B, 3.461%, 11/15/11(a)		500		490
Harley-Davidson Motorcycle Trust, Ser 2005-4, Cl A1, 4.780%, 11/15/10		78		79
Harley-Davidson Motorcycle Trust, Ser 2007-3, Cl A3, 3.168%, 06/15/12(a)		800		790
Honda Auto Receivables Owner Trust, Ser 2007-3, Cl A4, 3.068%, 01/18/11(a)		1,500		1,449
Hyundai Auto Receivables Trust, Ser 2006-B, Cl A2, 5.250%, 09/15/09		104		105
Hyundai Auto Receivables Trust, Ser 2007-A, Cl A2A, 5.110%, 01/15/10		1,350		1,358
M&I Auto Loan Trust, Ser 2005-1, Cl A3, 4.739%, 09/21/09		284		285
Nissan Master Owner Trust Receivables, Ser 2005-A, Cl A, 2.848%, 07/15/10(a)		1,500		1,500
Volkswagen Credit Auto Master Trust, Ser 2005-1, Cl A, 2.556%, 07/20/10(a)		500		499

				9,967

Credit Card ABS (15.8%)
American Express Issuance Trust, Ser 2007-2, Cl A, 3.068%, 07/15/13(a)		2,000		1,930
Capital One Multi-Asset Execution Trust, Ser 2004-A8, Cl A8, 2.948%, 08/15/14(a)		275		266
Capital One Multi-Asset Execution Trust, Ser 2005-A10, Cl A, 2.898%, 09/15/15(a)		1,500		1,433
Citibank Credit Card Issuance Trust, Ser 2003-A9, Cl A, 3.150%, 11/22/10(a)		1,600		1,592
Citibank Credit Card Issuance Trust, Ser 2004-A7, Cl A7, 3.183%, 11/25/13(a)		300		289
JPMorgan Chase & Co. Issuance Trust, Ser 2005-A1, Cl A1, 2.828%, 12/15/10(a)		1,175		1,175
MBNA Credit Card Master Note Trust, Ser 2006-A5, Cl A5, 2.878%, 10/15/15(a)		200		190

				6,875

Diversified Financial Services (20.6%)
Caterpillar Financial Asset Trust, Ser 2005-A, Cl A4, 4.100%, 06/25/10		405		406
College Loan Corporation Trust, Ser 2003-2, Cl A3, 3.531%, 07/25/13(a)		1,769		1,764
Collegiate Funding Services Education Loan Trust, Ser 2005-A, Cl A2, 4.933%, 12/28/21(a)		1,547		1,521
Nelnet Student Loan Trust, Ser 2003-2, Cl A4, 5.284%, 07/25/22(a)		279		277
Nelnet Student Loan Trust, Ser 2005-3, Cl A, 4.934%, 06/22/17(a)		2,000		1,975
Pennsylvania Higher Education Assistance, Ser 2005-1, Cl A1, 5.114%, 07/25/16(a)		1,054		1,054

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Limited Duration Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

SLC Student Loan Trust, Ser 2006-1, Cl A3, 5.021%, 09/15/17(a)		2,000		1,950

				8,947

Home Equity ABS (5.7%)
Accredited Mortgage Loan Trust, Ser 2005-4, Cl A2B, 2.749%, 12/25/35(a)		77		76
Asset Backed Funding Certificates, Ser 2005-WMC1, Cl A2C, 2.879%, 06/25/35(a)		557		551
Countrywide Asset-Backed Certificates, Ser 2005-13, Cl AF1, 2.729%, 04/25/36(a)		13		13
Countrywide Home Equity Loan Trust, Ser 2003-C, CL A, 3.088%, 05/15/29(a)		122		100
Countrywide Home Equity Loan Trust, Ser 2006-C, Cl 2A, 2.998%, 05/15/36(a)		669		551
Countrywide Home Equity Loan Trust, Ser 2006-E, Cl 2A, 2.958%, 11/29/31(a)		401		325
Guarantor Trust, Ser 2002-T10, Cl A1, 3.375%, 06/25/32(a)		735		730
Residential Asset Securities Corp., Ser 2005-AHL3, Cl A2, 2.839%, 11/25/35(a)		157		153

				2,499

Utilities (3.0%)
Connecticut RRB Special Purpose Trust, Ser 2001-1, Cl A4, 5.140%, 12/30/10(a)		1,303		1,300

Total Asset-Backed Securities				29,588

Collateralized Mortgage Obligations (10.2%)
Fannie Mae, Ser 2001-61, Cl FM, 3.025%, 10/18/16(a)		557		548
Fannie Mae, Ser 2003-121, Cl FC, 3.006%, 02/25/28(a)		390		384
Fannie Mae, Ser 2007-89, Cl FB, 3.056%, 09/25/37(a)		746		727
First Union-Lehman Brothers-Bank of America, Ser 1998-C2, Cl A2, 6.560%, 11/18/35		215		215
Freddie Mac, Ser 1635, Cl F, 3.325%, 12/15/08(a)		92		92
Freddie Mac, Ser 2630, Cl FJ, 3.168%, 06/15/18(a)		809		810
Granite Mortgages PLC, Ser 2003-1, Cl 1A3, 5.090%, 01/20/20(a)(b)		91		90
Impac CMB Trust, Ser 2004-7, Cl 1A1, 3.339%, 11/25/34(a)		712		660
Superannuation Members Home Loans Global Fund, Ser 3A, Cl A, 3.296%, 12/01/28(a)		420		412
Superannuation Members Home Loans Global Fund, Ser 4A, Cl A, 4.763%, 10/09/29(a)		517		509

Total Collateralized Mortgage Obligations				4,447

Money Market Fund (21.7%)
RidgeWorth Institutional Cash Management Money Market Fund(c)		9,424,082		9,424

Total Money Market Fund				9,424

Total Investments (Cost $44,051)(d) — 99.9%				43,459
Other assets in excess of liabilities — 0.1%				50

Net Assets — 100.0%			$	43,509


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 0.2% of net assets as of March 31, 2008.

(c)		Affiliate investment.

(d)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Limited-Term Federal Mortgage Securities Fund


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations (14.2%)
Bear Stearns Alt-A Trust, Ser 2006-6, Cl 2A1, 5.929%, 11/25/36(a)(b)		2,776		1,958
Fannie Mae, Ser 2007-79, Cl MA, 5.500%, 12/25/28		7,610		7,792
Fannie Mae, Ser 2007-89, Cl FB, 3.056%, 09/25/37(a)		2,127		2,071
RACC, Ser 2004-SP2, Cl A1, 6.002%, 01/25/17(a)		2,299		2,302

Total Collateralized Mortgage Obligations				14,123

U.S. Government Agency Mortgages (79.8%)
Fannie Mae (59.1%)
5.500%, 07/01/12		468		481
5.500%, 01/01/13		826		851
6.000%, 05/01/15		1,498		1,574
5.000%, 06/01/15		521		536
5.000%, 06/01/16		5,581		5,730
6.000%, 09/01/16		3,506		3,621
6.500%, 10/01/16(c)		595		625
5.500%, 12/01/16		2,245		2,305
6.500%, 05/01/17		981		1,024
6.000%, 10/01/17		739		762
6.000%, 10/01/17		2,477		2,556
6.000%, 06/01/19(c)		1,637		1,687
5.000%, 04/15/20		4,000		4,037
5.500%, 11/25/26		9,118		9,315
5.500%, 10/25/30(c)		9,799		10,070
7.000%, 05/01/32		3,464		3,708
6.500%, 12/01/32		2,361		2,461
5.283%, 11/01/35(a)		7,202		7,240

				58,583

Freddie Mac (16.5%)
6.000%, 01/01/17		3,351		3,456
6.500%, 02/01/17		1,490		1,562
5.500%, 05/01/17		3,117		3,197
6.500%, 01/01/22		7,756		8,097

				16,312

Ginnie Mae (4.2%)
6.500%, 04/14/38		4,000		4,158

Total U.S. Government Agency Mortgages				79,053

Money Market Fund (14.1%)
RidgeWorth U.S. Government Securities Money Market Fund(d)		13,972,585		13,973

Total Money Market Fund				13,973

Total Investments (Cost $106,141)(e) — 108.1%				107,149
Liabilities in excess of other assets — (8.1)%				(8,043	)

Net Assets — 100.0%			$	99,106


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Security purchased on a “when-issued” basis.

(c)		This security or partial portion of this security was held as collateral for securities purchased on a “when-issued” basis as of March 31, 2008.

(d)		Affiliate investment.

(e)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Maryland Municipal Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (96.9%)
Maryland (94.5%)
Annapolis Public Improvement, GO, 5.000%, 04/01/08		250		250
Anne Arundel County Special Obligation, Arundel Mills Project, RB, 5.125%, 07/01/22, Callable 07/01/14 @ 100, County Guaranteed		1,000		1,048
Baltimore County, Catholic Health Initiatives, Ser A, RB, 5.000%, 09/01/21, Callable 09/01/16 @ 100		550		557
Baltimore County, Pension Funding, GO, 5.125%, 08/01/11, Callable 08/01/08 @ 101		510		519
Baltimore Public Improvement, Ser A, GO, 4.750%, 10/15/16		1,000		1,083
Baltimore Sewer Improvement, Wastewater Projects, Ser C, RB, 5.000%, 07/01/22		1,000		1,029
Charles County, Public Improvement, GO, 5.000%, 03/01/16		1,000		1,103
Frederick County Educational Facilities, Mount St. Mary’s University, RB, 5.625%, 09/01/38, Callable 09/01/16 @ 100		500		466
Frederick County Educational Facilities, Mount St. Mary’s University, Ser A, RB, 4.750%, 09/01/08		175		177
Frederick County, Public Facilities, GO, 5.000%, 12/01/15		1,075		1,191
Frederick County, Public Facilities, GO, 5.000%, 12/01/16, Callable 12/01/15 @ 100		1,000		1,096
Harford County, GO, 5.000%, 07/15/25, Callable 07/15/15 @ 100		1,000		1,025
Howard County, Public Improvement, GO, 5.000%, 02/15/15		1,000		1,105
Maryland Capital Improvements, Ser A, GO, 5.000%, 02/15/17, Callable 02/15/15 @ 100		1,000		1,084
Maryland Capital Improvements, Ser A, GO, 5.000%, 02/15/19, Callable 02/15/15 @ 100		1,000		1,069
Maryland Community Development Administration, Department of Housing & Community Development, RB, AMT, 5.000%, 09/01/27, Callable 03/01/17 @ 100		1,000		935
Maryland Community Development Administration, Department of Housing & Community Development, Ser 2001B, RB, AMT, 4.100%, 07/01/08, FHA/GNMA/HUD		285		286
Maryland Economic Development Corp., Department of Transportation Headquarters, RB, 5.375%, 06/01/19, Callable 06/01/12 @ 100.50		1,000		1,065
Maryland Economic Development Corp., Student Housing, Towson University Project, Ser A, RB, 5.250%, 07/01/37, Callable 07/01/17 @ 100		1,000		870

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Maryland Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Maryland—continued

Maryland Economic Development Corp., University of Maryland College Park Project, RB, 5.750%, 06/01/18, Prerefunded 06/01/13 @ 100		475		538
Maryland Health & Higher Educational Facilities Authority, Anne Arundel Medical Center, RB, 5.125%, 07/01/28, Callable 07/01/08 @ 101, FSA		220		221
Maryland Health & Higher Educational Facilities Authority, Board of Child Care, RB, 5.500%, 07/01/13, Callable 07/01/12 @ 100		500		533
Maryland Health & Higher Educational Facilities Authority, Calvert Health Systems, RB, 5.500%, 07/01/36, Callable 07/01/14 @ 100		1,000		1,001
Maryland Health & Higher Educational Facilities Authority, Carroll County General Hospital, RB, 6.000%, 07/01/18, Callable 07/01/12 @ 100		500		520
Maryland Health & Higher Educational Facilities Authority, Carroll County General Hospital, RB, 6.000%, 07/01/21, Callable 07/01/12 @ 100		250		258
Maryland Health & Higher Educational Facilities Authority, Catholic Health Initiatives, Ser A, RB, 6.000%, 12/01/24, Callable 06/01/10 @ 101, ETM		250		264
Maryland Health & Higher Educational Facilities Authority, Doctors Community Hospital, Ser A, RB, 4.000%, 07/01/13		500		494
Maryland Health & Higher Educational Facilities Authority, Goucher College, RB, 5.375%, 07/01/25, Callable 07/01/14 @ 100		565		577
Maryland Health & Higher Educational Facilities Authority, Hebrew Home of Greater Washington, RB, 5.700%, 01/01/21, Callable 01/01/12 @ 100		480		489
Maryland Health & Higher Educational Facilities Authority, Lifebridge Health, RB, 5.000%, 07/01/28, Callable 07/01/17 @ 100, LOC: Assured Guaranty		500		503
Maryland Health & Higher Educational Facilities Authority, Lifebridge Health, Ser A, RB, 5.125%, 07/01/34, Prerefunded 07/01/14 @ 100		1,000		1,101
Maryland Health & Higher Educational Facilities Authority, Mercy Medical Center, Ser A, RB, 4.750%, 07/01/21, Callable 07/01/17 @ 100		400		375
Maryland Health & Higher Educational Facilities Authority, Mercy Medical Center, Ser A, RB, 5.500%, 07/01/42, Callable 07/01/17 @ 100		250		230

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Maryland Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Maryland—continued

Maryland Health & Higher Educational Facilities Authority, University of Maryland Medical System, RB, 5.750%, 07/01/21, Prerefunded 07/01/11 @ 100		1,225		1,336
Maryland Health & Higher Educational Facilities Authority, Western Maryland Health System, Ser A, RB, 5.000%, 07/01/15, MBIA/FHA		1,000		1,084
Maryland State & Local Facilities Loan, Ser 1, GO, 4.000%, 03/01/18, Callable 03/01/16 @ 100		500		509
Maryland State & Local Facilities, Ser 2, GO, 5.000%, 08/01/14, Callable 08/01/13 @ 100		1,000		1,087
Maryland State & Local Facilities, Ser 2, GO, 5.000%, 08/01/16, Callable 08/01/13 @ 100		1,000		1,084
Maryland State Department of Transportation Consolidated Transaction, RB, 5.000%, 02/15/22, Callable 02/15/18 @ 100		1,000		1,050
Maryland State Transportation Authority Grant & Revenue Anticipation, RB, 5.000%, 03/01/19, Callable 03/01/17 @ 100		1,000		1,067
Maryland State Transportation Authority, RB, 5.000%, 07/01/22, Callable 07/01/17 @ 100, FSA		1,000		1,048
Maryland State Transportation Authority, Transportation Facilities Project, RB, 5.000%, 07/01/23, Callable 07/01/18 @ 100		1,000		1,033
Maryland Transportation Authority, Baltimore/Washington International Airport, Ser B, RB, AMT, 5.375%, 03/01/15, Callable 03/01/12 @ 101, AMBAC		1,000		1,045
Montgomery County Department of Finance, Ser A, GO, 1.330%, 06/01/26, LOC: Dexia Credit Local(a)		400		400
Montgomery County Economic Development, Trinity Health Care Group, RB, 5.500%, 12/01/16, Callable 12/01/11 @ 100		1,000		1,078
Montgomery County Housing Opportunities Commission, Aston Woods Apartments, Ser A, RB, 4.900%, 05/15/31, Callable 05/15/08 @ 102, FNMA		1,150		1,175
Montgomery County Housing Opportunities Commission, Ser A, RB, 4.450%, 07/01/17, Callable 01/01/11 @ 100		100		101
Montgomery County Housing Opportunities Commission, Ser A, RB, 6.000%, 07/01/20, Callable 07/01/10 @ 100		1,020		1,049
Montgomery County Revenue Authority, Lease, College Arts Center Project, Ser A, RB, 5.000%, 05/01/28, Callable 05/01/15 @ 100		1,000		1,002

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Maryland Municipal Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Maryland—continued

Northeast Waste Disposal Authority Solid Waste Revenue, RB, AMT, 5.500%, 04/01/11		220		234
St. Mary’s County, Public Improvement, GO, 5.500%, 07/01/11		665		725
Talbot County Public Facilities, GO, 5.375%, 03/15/17, Callable 03/15/12 @ 101		1,000		1,086
Washington Suburban Sanitation District, Anticipation Notes, Ser A, GO, 1.950%, 06/01/23, LOC: Landesbank Hessen-Thueringen(a)		450		450
Washington Suburban Sanitation District, GO, 5.000%, 06/01/13		825		905

				41,610

Puerto Rico (2.4%)
Puerto Rico Commonwealth Public Improvement, Ser A, GO, 5.500%, 07/01/19, MBIA		1,000		1,071

Total Municipal Bonds				42,681

Money Market Fund (2.4%)
Federated Maryland Municipal Cash Trust		1,050,160		1,050

Total Money Market Fund				1,050

Total Investments (Cost $43,452)(b) — 99.3%				43,731
Other assets in excess of liabilities — 0.7%				320

Net Assets — 100.0%			$	44,051


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

AMT		— Alternative Minimum Tax Paper

ETM		— Escrowed to Maturity

FHA		— Security insured by Federal Housing Administration

FNMA		— Security insured by Federal National Mortgage Association

FSA		— Security insured by Financial Security Assurance

GNMA		— Security insured by Government National Mortgage Association

GO		— General Obligation

HUD		— Security insured by U.S. Department of Housing and Urban Development

LOC		— Letter of Credit

MBIA		— Security insured by Municipal Bond Insurance Association

RB		— Revenue Bond

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

North Carolina Tax-Exempt Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (95.0%)
North Carolina (88.4%)
Appalachian State University, Procurement Services Building, RB, 5.000%, 07/15/30, Callable 07/15/15 @ 100, MBIA		1,250		1,252
Brunswick County Enterprise System, Ser A, RB, 5.250%, 04/01/22, Callable 04/01/14 @ 100, FSA		500		521
Charlotte Airport, Ser B, RB, AMT, 6.000%, 07/01/24, Callable 07/01/09 @ 101, MBIA		1,000		1,016
Charlotte, Convention Facilities Project, COP, 5.000%, 12/01/25, Callable 12/01/15 @ 100		1,000		1,006
Charlotte, Convention Facilities Project, Ser A, COP, 5.500%, 08/01/19, Callable 08/01/13 @ 101		2,000		2,131
Charlotte-Mecklenburg Hospital Authority, Health Care System, Ser A, RB, 5.000%, 01/15/33, Pre-refunded 01/15/13 @ 100		1,225		1,327
Dare County, COP, 5.000%, 06/01/23, Callable 12/01/12 @ 100, AMBAC		830		842
Greensboro, Enterprise System, Ser A, RB, 5.000%, 06/01/25, Callable 06/01/17 @ 100		1,605		1,650
Iredell County Public Facilities Project, COP, 5.250%, 10/01/20, Callable 10/01/13 @ 100, AMBAC		500		517
Lenoir County North Carolina, GO, 5.000%, 02/01/21, Callable 02/01/17 @ 100, FSA		500		528
Mecklenburg County North Carolina, Ser C, GO, 5.000%, 02/01/15		1,000		1,105
New Hanover County Industrial Facilities & Pollution Control Financing Authority, Corning Project, RB, 2.150%, 05/01/10(a)		1,735		1,735
North Carolina Capital Facilities Finance Agency, Duke University Project, Ser A, RB, 5.250%, 07/01/42, Pre-refunded 10/01/12 @ 100		3,000		3,296
North Carolina Capital Facilities Finance Agency, Educational Facilities, Brevard College Corp., RB, 5.000%, 10/01/26, Callable 04/01/17 @ 100		1,000		874
North Carolina Eastern Municipal Power Agency, Power System, Ser C, RB, 5.375%, 01/01/16, Callable 01/01/13 @ 100		500		512
North Carolina Medical Care Commission Health System, RB, 5.000%, 10/01/25, Callable 10/01/17 @ 100, FSA		2,000		2,015
North Carolina Medical Care Commission Retirement Facilities, RB, 6.500%, 07/01/32, Pre-refunded 07/01/12 @ 101		1,000		1,175
North Carolina Medical Care Commission, Health Care Facilities, Novant Health Obligations Group, Ser A, RB, 5.000%, 11/01/17, Callable 11/01/13 @ 100		1,290		1,332
North Carolina State Education Assistance Authority, Ser Q-2, RB, AMT, 5.243%, 07/01/36, Guaranteed Student Loans(a)(b)		950		950

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
North Carolina Tax-Exempt Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
North Carolina—continued

North Carolina State Grant Anticipation, RB, 5.000%, 03/01/15, MBIA		1,000		1,097
North Carolina State Grant Anticipation, RB, 5.000%, 03/01/16, MBIA		750		823
North Carolina State Grant Anticipation, RB, 5.000%, 03/01/14, MBIA		2,500		2,734
North Carolina State, Public Import, Ser A, GO, 5.000%, 03/01/18, Pre-refunded 03/01/11 @ 102		500		545
Onslow County Hospital Authority, Onslow Memorial Hospital Project, RB, 5.125%, 04/01/18, Callable 10/01/16 @ 100, MBIA/FHA		500		531
Pitt County North Carolina, COP, 4.750%, 04/01/27, Callable 04/01/17 @ 100, MBIA		1,000		970
Pitt County School Facilities Project, Ser B, COP, 5.300%, 04/01/21, Prerefunded 04/01/10 @ 101, FSA		500		534
Raleigh Durham Airport Authority, Ser A, RB, 5.000%, 05/01/30, Callable 05/01/15 @ 100, AMBAC		3,000		2,960
Rockingham County, COP, 5.000%, 04/01/18, Callable 04/01/12 @ 101, AMBAC		500		517
Salisbury Enterprise System, RB, 5.000%, 02/01/20, Callable 02/01/12 @ 101, FSA		500		520
University of North Carolina at Wilmington, COP, 5.000%, 06/01/31, Callable 06/01/15 @ 100, FGIC		1,295		1,265
University of North Carolina Systems Pool, Ser A, RB, 5.000%, 04/01/23, Callable 04/01/15 @ 100, AMBAC		1,000		1,019
Wake County Hospital, RB, 5.125%, 10/01/13, Callable 10/01/13 @ 100, MBIA, ETM		350		388
Wake County Industrial Facilities & Pollution Control Financing Authority, Carolina Power & Light Co. Project, RB, 5.375%, 02/01/17, Callable 02/01/12 @ 101		1,000		1,039

				38,726

Puerto Rico (6.6%)
Puerto Rico Commonwealth, Public Import, GO, 5.500%, 07/01/19, FSA		835		918
Puerto Rico Highway & Transportation Authority, Ser AA, RB, 5.500%, 07/01/19, MBIA		595		638
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue, Ser C, RB, 5.500%, 07/01/23, AMBAC		400		424
Puerto Rico Sales Tax Financing Corporation Sales Tax, Ser A, RB, 5.250%, 08/01/57, Callable 08/01/17 @ 100		1,000		928

				2,908

Total Municipal Bonds				41,634

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
North Carolina Tax-Exempt Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Money Market Fund (5.0%)
Federated Tax-Free Obligations Fund(a)		1,906,154		1,906
SEI Tax Exempt Trust, Institutional Tax Free Fund(a)		269,367		269

Total Money Market Fund				2,175

Total Investments (Cost $44,157)(c) — 100.0%				43,809
Liabilities in excess of other assets — 0.0%				(3	)

Net Assets — 100.0%			$	43,806


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of March 31, 2008 are identified below (in thousands):

Issue

Acquisition

Cost

Par

Value

Percentage of

Description

Date

($)

Net Assets(%)

North Carolina State Education Assistance Authority

12/10/07

950

2.17


(c)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

AMT		— Alternative Minimum Tax Paper

COP		— Certificate of Participation

ETM		— Escrowed to Maturity

FGIC		— Security insured by Financial Guaranty Insurance Company

FHA		— Security insured by Federal Housing Administration

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

MBIA		— Security insured by Municipal Bond Insurance Association

RB		— Revenue Bond

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix Floating Rate High Income Fund


	Shares or
	Principal
	Amount($)		Value($)
Bank Loans (93.8%)
Advertising (2.2%)
Advanstar Communications, Inc., 4.921%, 05/31/14(a)(b)		1,985		1,479
Affinion Group, Inc., 5.552%, 10/01/12(a)(b)		3,645		3,354
Proquest, 5.481%, 02/09/13(a)(b)		1,912		1,749
Reader’s Digest Association, Inc. (The), 5.075%, 03/02/13(a)(b)		1,980		1,604
Tribune Co., 7.396%, 05/17/09(a)(b)		2,667		2,350
Valassis Communications, Inc., 1.000%, 03/02/14(a)(b)		427		392
Valassis Communications, Inc., 6.580%, 03/02/14(a)(b)		1,291		1,184

				12,112

Aerospace/Defense (0.6%)
AM General Corp., 6.000%, 09/30/12(a)(b)		49		44
AM General Corp., 6.775%, 09/30/12(a)(b)		1,304		1,171
Hawker Beechcraft, Inc., 6.830%, 04/02/14(a)(b)		2,282		2,130
Hawker Beechcraft, Inc., 6.830%, 04/02/14(a)(b)		133		124

				3,469

Auto Parts & Equipment (1.0%)
Baker Tanks, Inc., 5.287%, 05/08/14(a)(b)		3,226		2,838
Centaur LLC, 4.000%, 10/13/12(a)(b)		526		458
Centaur LLC, 8.830%, 10/30/12(a)(b)		2,474		2,152

				5,448

Building Materials (0.7%)
Boise Cascade LLC, 7.500%, 02/08/14(a)(b)		450		450
Contech Construction Products, Inc., 5.096%, 01/31/13(a)(b)		3,924		3,355

				3,805

Chemicals (7.0%)
Celanese Holdings LLC, 6.229%, 04/02/14(a)(b)		5,955		5,541
Columbian Chemicals Co., 6.580%, 02/11/13(a)(b)		4,909		4,320
Compass Minerals International, Inc., 6.190%, 12/22/12(a)(b)		2,423		2,314
Hexion Specialty Chemicals, Inc., 7.000%, 05/05/13(a)(b)		4,046		3,758
Hexion Specialty Chemicals, Inc., 7.125%, 05/15/13(a)(b)		877		816
Huntsman International LLC, 4.428%, 08/16/12(a)(b)		3,473		3,323
Ineos Group Holdings PLC, 4.640%, 12/14/12(a)(b)		1,857		1,699
Ineos Group Holdings PLC, 4.885%, 12/14/13(a)(b)		5,825		5,323
Ineos Group Holdings PLC, 5.385%, 12/14/14(a)(b)		951		872
ISP Chemco, Inc., 4.830%, 05/31/14(a)(b)		1,985		1,798
Lucite International Ltd., 5.500%, 07/03/13(a)(b)		727		614
Lucite International Ltd., 5.500%, 07/03/13(a)(b)		258		217
Macdermid Holdings LLC, 6.830%, 04/11/14(a)(b)		3,230		2,746
Rockwood Specialties Group, Inc., 4.744%, 07/30/12(a)(b)		3,000		2,838
Solutia, Inc., 7.931%, 02/28/14(a)(b)		2,993		2,832

				39,011

Coal (0.3%)
Alpha Natural Resources, Inc., 4.421%, 10/26/12(a)(b)		1,839		1,756

Commercial Services (9.2%)
Astoria Generating Co. LLC, 4.350%, 08/13/13(a)(b)		1,248		1,144
Bearingpoint, Inc., 8.739%, 05/18/12(a)(b)		2,000		1,380
Catalina Marketing Corp., 7.830%, 10/01/14(a)(b)		2,985		2,739

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Seix Floating Rate High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Commercial Services—continued

Cengage Learning, 5.813%, 07/03/14(a)(b)		3,841		3,272
Cenveo, Inc., 4.349%, 03/16/14(a)(b)		1,393		1,239
Cenveo, Inc., 8.119%, 06/21/14(a)(b)		2,000		2,000
H3C Holdings Ltd., 5.632%, 09/28/12(a)(b)		3,260		2,608
Idearc, Inc., 6.330%, 11/17/13(a)(b)		4,000		3,298
Live Nation, Inc., 7.580%, 06/21/13(a)(b)		1,649		1,517
Live Nation, Inc., 7.580%, 06/21/13(a)(b)		4,089		3,762
Merrill Corp., 6.399%, 05/15/11(a)(b)		4,410		3,903
Merrill Corp., 9.517%, 10/01/13(a)(b)		2,000		1,600
National Money Mart Co., 7.580%, 10/30/12(a)(b)		835		759
National Money Mart Co., 7.580%, 10/30/12(a)(b)		1,135		1,033
Oshkosh Truck Corp., 4.760%, 12/06/13(a)(b)		2,938		2,745
Quintiles Transnational Corp., 6.830%, 03/21/13(a)(b)		983		913
Quintiles Transnational Corp., 8.830%, 03/21/14(a)(b)		2,000		1,790
QVC, Inc., 3.488%, 10/04/11(a)(b)		10,000		9,400
R.H. Donnelley, Inc., 4.391%, 06/30/11(a)(b)		2,636		2,437
Rent-A-Center, Inc., 5.041%, 06/30/12(a)(b)		2,582		2,376
Sedgwick CMS Holdings, Inc., 7.080%, 01/31/13(a)(b)		1,964		1,709

				51,624

Computers (2.1%)
Acxiom Corp., 5.837%, 09/15/12(a)(b)		2,555		2,440
Dresser, Inc., 5.566%, 05/04/14(a)(b)		2,946		2,750
Kronos, Inc., 7.080%, 06/12/14(a)(b)		985		788
Network Solutions LLC, 6.952%, 03/07/14(a)(b)		2,299		1,839
Reynolds & Reynolds Co., 4.678%, 10/23/12(a)(b)		1,792		1,621
Sungard Data Systems, Inc., 4.878%, 02/11/13(a)(b)		1,943		1,803
TTM Technologies, Inc., 5.527%, 10/27/12(a)(b)		750		690

				11,931

Diversified Financial Services (3.1%)
Clarke American Corp., 5.197%, 04/01/14(a)(b)		4,481		3,600
East Valley Tourist Development Authority, 9.440%, 08/06/14(a)(b)		3,000		2,970
Level 3 Communications, Inc., 6.202%, 03/01/14(a)(b)		3,000		2,578
Peach Holdings, Inc., 8.233%, 11/21/13(a)(b)		4,809		3,670
VNU, Inc., 6.471%, 08/09/13(a)(b)		4,888		4,419

				17,237

Diversified Operations (0.4%)
Delphi Corp., 6.250%, 07/01/08(a)(b)		2,000		1,967

Electric (2.3%)
Boston Generating LLC, 7.080%, 12/21/13(a)(b)		345		302
Boston Generating LLC, 7.080%, 12/21/13(a)(b)		97		85
Boston Generating LLC, 7.080%, 12/21/13(a)(b)		1,539		1,350
Calpine Corp., 0.997%, 03/29/09(a)(b)		963		836
NRG Energy, Inc., 6.330%, 02/01/13(a)(b)		4,913		4,613
NRG Energy, Inc., 6.480%, 02/01/13(a)(b)		2,463		2,310
TXU Energy Co. LLC, 6.579%, 10/27/14(a)(b)		3,465		3,154

				12,650

See Notes to Financial Statements.

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Seix Floating Rate High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Energy (2.2%)
Covanta Energy Corp., 5.078%, 02/09/14(a)(b)		1,930		1,771
Covanta Energy Group, 6.203%, 02/09/14(a)(b)		960		880
Longview Power LLC, 4.938%, 02/27/14(a)(b)		1,167		997
Longview Power LLC, 5.063%, 02/27/14(a)(b)		1,000		855
Longview Power LLC, 7.125%, 02/27/14(a)(b)		333		285
NE Energy, 7.125%, 10/19/11(a)(b)		1,000		775
NE Energy, 5.040%, 10/19/13(a)(b)		860		708
NE Energy, 7.375%, 10/19/13(a)(b)		106		86
NSG Holdings LLC, 4.350%, 06/15/14(a)(b)		385		343
NSG Holdings LLC, 4.350%, 06/15/14(a)(b)		51		45
Sandridge Energy, Inc., 8.354%, 04/15/14(a)(b)		3,000		2,775
Sandridge Energy, Inc., 8.625%, 04/15/15(a)(b)		3,000		2,955

				12,475

Entertainment (4.4%)
Cedar Fair LP, 5.128%, 08/30/12(a)(b)		1,935		1,783
Cinemark, Inc., 4.772%, 10/04/13(a)(b)		3,967		3,556
Penn National Gaming, Inc., 5.140%, 10/03/12(a)(b)		1,965		1,857
Rainbow National Services, 0.000%, 06/28/13(a)(b)(c)		5,000		4,725
Regal Cinemas, Inc., 6.330%, 02/26/13(a)(b)		4,920		4,569
Venetian Macao Ltd., 7.080%, 05/25/12(a)(b)		3,000		2,703
Venetian Macao Ltd., 7.080%, 05/25/13(a)(b)		3,263		2,940
Venetian Macao Ltd., 7.080%, 05/26/13(a)(b)		2,000		1,802
Warner Music Group, 5.084%, 02/28/11(a)(b)		994		895

				24,830

Environmental Control (0.9%)
Allied Waste North America, Inc., 4.329%, 01/15/12(a)(b)		3,241		3,075
Allied Waste North America, Inc., 6.100%, 01/15/12(a)(b)		1,948		1,845

				4,920

Food (0.3%)
Pinnacle Foods Group, Inc., 7.406%, 04/02/14(a)(b)		2,084		1,815

Forest Products & Paper (0.1%)
Verso Paper Holdings LLC, 6.580%, 08/03/13(a)(b)		897		801

Health Care (12.2%)
Beverly Enterprises, Inc., 5.872%, 04/07/11(a)(b)		3,170		2,885
Capella Healthcare, Inc., 6.750%, 03/02/15(a)(b)		9,000		8,505
Carestream Health, Inc., 5.714%, 04/30/13(a)(b)		3,868		3,168
Carestream Health, Inc., 9.396%, 10/30/13(a)(b)		1,000		660
Community Health Systems, 0.000%, 07/25/14(a)(b)(c)		469		432
Community Health Systems, 5.335%, 07/25/14(a)(b)		9,191		8,465
CRC Health Corp., 4.921%, 02/06/13(a)(b)		2,940		2,573
Harlan Sprague Dawley, Inc., 5.523%, 07/11/14(a)(b)		8,000		7,400
HCA, Inc., 6.830%, 11/17/12(a)(b)		2,803		2,550
HCA, Inc., 7.080%, 11/06/13(a)(b)		4,955		4,558
Health Management Associates, 7.070%, 02/28/14(a)(b)		2,745		2,356
Iasis Healthcare Corp., 4.606%, 03/15/14(a)(b)		127		113
Iasis Healthcare Corp., 5.075%, 03/15/14(a)(b)		477		425
Iasis Healthcare Corp., 5.248%, 03/15/14(a)(b)		1,382		1,247
IM US Holdings LLC, 6.843%, 06/26/14(a)(b)		1,985		1,749
Invacare Corp., 6.170%, 02/12/13(a)(b)		901		830

See Notes to Financial Statements.

100

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Seix Floating Rate High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Health Care—continued

Matria Healthcare, Inc., 5.995%, 01/19/12(a)(b)		1,074		1,031
Multiplan, Inc., 5.622%, 04/08/13(a)(b)		2,451		2,230
Multiplan, Inc., 5.622%, 04/12/13(a)(b)		858		785
Mylan, Inc., 6.095%, 10/02/14(a)(b)		2,993		2,886
National Mentor Holdings, Inc., 6.600%, 06/28/13(a)(b)		110		97
National Mentor Holdings, Inc., 6.730%, 06/28/13(a)(b)		1,857		1,634
Royalty Pharma, 5.511%, 04/16/13(a)(b)		3,930		3,887
Sun Healthcare Group, Inc., 5.539%, 04/12/14(a)(b)		1,418		1,290
Sun Healthcare Group, Inc., 6.830%, 04/12/14(a)(b)		322		290
Sun Healthcare Group, Inc., 4.921%, 04/19/14(a)(b)		203		183
Talecris Biotherapeutics, Inc., 6.572%, 12/06/13(a)(b)		2,963		2,488
Vanguard Health Systems, Inc., 5.372%, 09/23/11(a)(b)		3,931		3,626

				68,343

Insurance (0.2%)
Hub International Ltd., 7.330%, 06/12/14(a)(b)		811		697
Hub International Ltd., 7.860%, 06/12/15(a)(b)		41		35
Hub International Ltd., 7.337%, 06/12/15(a)(b)		142		122

				854

Investment Company (0.3%)
USPF Holdings LLC, 6.943%, 04/11/14(a)(b)		1,985		1,767

Leisure Time (1.0%)
Sabre Holdings Corp., 5.244%, 09/30/14(a)(b)		3,158		2,589
TDS Investor Corp., 7.080%, 08/09/13(a)(b)		2,668		2,308
TDS Investor Corp., 7.080%, 08/23/13(a)(b)		993		863

				5,760

Lodging (4.6%)
Cannery Casino Resorts LLC, 2.250%, 05/18/13(a)(b)		1,008		930
Cannery Casino Resorts LLC, 5.320%, 05/18/13(a)(b)		2,188		2,019
Cannery Casino Resorts LLC, 5.865%, 05/18/13(a)(b)		787		726
Fontainebleau Resorts LLC, 2.000%, 06/05/14(a)(b)		1,333		1,087
Fontainebleau Resorts LLC, 6.258%, 06/05/14(a)(b)		2,667		2,173
Isle of Capri Casinos, 4.875%, 11/25/13(a)(b)		528		445
Isle of Capri Casinos, 6.580%, 11/25/13(a)(b)		1,751		1,477
Isle of Capri Casinos, 6.580%, 11/25/13(a)(b)		701		591
Kerzner International Ltd., 5.901%, 08/31/13(a)(b)		214		173
Kerzner International Ltd., 5.901%, 08/31/13(a)(b)		2,286		1,851
Kerzner International Ltd., 6.889%, 08/31/13(a)(b)		1,300		1,053
Metro-Goldwyn-Mayer, Inc., 8.108%, 04/08/12(a)(b)		2,957		2,329
Metro-Goldwyn-Mayer, Inc., 8.108%, 04/08/12(a)(b)		3,267		2,567
MGM Mirage, Inc., 1.781%, 11/22/09(a)(b)		1,657		1,570
MotorCity Casino, 4.778%, 07/26/12(a)(b)		3,634		3,198
Seminole Indian Casinos, 4.481%, 03/05/14(a)(b)		470		445
Seminole Indian Casinos, 4.625%, 03/05/14(a)(b)		1,695		1,605
Seminole Indian Casinos, 5.563%, 03/05/14(a)(b)		1,733		1,641

				25,880

See Notes to Financial Statements.

101

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Seix Floating Rate High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Machinery Diversified (0.5%)
NACCO Materials Handling Group, Inc., 5.599%, 02/24/13(a)(b)		3,439		2,923

Media (11.1%)
Block Communications, Inc., 6.830%, 12/19/12(a)(b)		997		918
Cablevision Systems Corp., 4.750%, 03/21/12(a)(b)		3,435		3,195
Cablevision Systems Corp., 4.001%, 12/13/13(a)(b)		3,896		3,644
CanWest Media, Inc., 5.085%, 07/13/14(a)(b)		707		651
Citadel Broadcasting Corp., 5.650%, 06/12/14(a)(b)		3,000		2,436
CW Media Holdings, Inc., 8.080%, 09/21/14(a)(b)		995		925
Dex Media, Inc., 5.125%, 10/23/14(a)(b)		1,000		889
Gray Television, Inc., 6.210%, 12/31/14(a)(b)		9,454		7,965
Insight Midwest Holdings LLC, 6.480%, 10/06/13(a)(b)		11,818		10,489
Mediacom LLC, 4.671%, 01/31/15(a)(b)		8,063		7,095
Next Media Operating, Inc., 5.086%, 11/04/12(a)(b)		1,144		967
Next Media Operating, Inc., 5.098%, 11/04/12(a)(b)		508		430
Penton Media, Inc., 8.122%, 02/01/14(a)(b)		1,000		752
Quebecor Media, Inc., 6.258%, 01/17/13(a)(b)		2,940		2,727
San Juan Cable LLC, 5.020%, 10/31/12(a)(b)		980		804
Spanish Broadcasting System, Inc., 6.580%, 06/08/12(a)(b)		2,969		2,464
TCM Media, Inc., 8.598%, 06/30/10(a)(b)		696		655
Telesat Holdings, Inc., 6.641%, 10/16/14(a)(b)		1,378		1,276
Univision Communications, 1.000%, 09/16/14(a)(b)		101		79
Univision Communications, 5.491%, 09/16/14(a)(b)		2,899		2,278
Univision Communications, 5.625%, 09/16/14(a)(b)		5,000		4,700
Wenner Media LLC, 6.593%, 09/29/13(a)(b)		2,843		2,501
WideOpenWest Finance LLC, 5.620%, 06/30/14(a)(b)		5,000		4,100

				61,940

Miscellaneous Manufacturer (4.3%)
Activant Solutions Holdings, Inc., 6.704%, 05/01/13(a)(b)		3,726		3,190
Aearo Technologies, Inc., 6.393%, 06/01/13(a)(b)		3,980		3,970
Bombardier, Inc., 6.430%, 06/28/13(a)(b)		4,380		3,789
EPCO Holdings, Inc., 4.329%, 08/07/12(a)(b)		10,000		9,750
John Maneely Co., 7.461%, 12/06/13(a)(b)		2,696		2,294
Zuffa, Inc., 4.625%, 06/21/15(a)(b)		1,985		1,290

				24,283

Oil & Gas (4.7%)
Atlas Pipeline Partners LP, 5.460%, 07/27/14(a)(b)		1,000		970
Big West Oil LLC, 1.500%, 05/02/14(a)(b)		850		782
Big West Oil LLC, 5.068%, 05/02/14(a)(b)		250		230
Big West Oil LLC, 5.500%, 05/02/14(a)(b)		885		814
Enterprise GP Holdings LP, 5.888%, 10/27/14(a)(b)		11,000		10,807
Niska Gas Storage, 4.550%, 05/01/11(a)(b)		138		131
Niska Gas Storage, 4.534%, 05/01/13(a)(b)		1,861		1,763
Niska Gas Storage, 4.589%, 05/01/13(a)(b)		301		285
Niska Gas Storage, 4.600%, 05/01/13(a)(b)		204		193
Petroleum Geo-Services ASA, 6.580%, 06/29/15(a)(b)		7,427		7,000
TPF Generation Holdings LLC, 6.830%, 12/15/11(a)(b)		94		82
TPF Generation Holdings LLC, 6.830%, 12/15/13(a)(b)		1,514		1,323

See Notes to Financial Statements.

102

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Seix Floating Rate High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Oil & Gas—continued

TPF Generation Holdings LLC, 6.830%, 12/15/13(a)(b)		301		263
Vulcan Energy Corp., 0.000%, 09/13/11(a)(b)(c)		1,000		925
Western Refining Co., 4.994%, 04/05/14(a)(b)		922		801

				26,369

Pipelines (2.6%)
Energy Transfer Equity LP, 4.878%, 02/08/12(a)(b)		12,250		11,576
Targa Resources, Inc., 6.830%, 10/31/12(a)(b)		1,169		1,109
Targa Resources, Inc., 6.903%, 10/31/12(a)(b)		2,072		1,968

				14,653

Real Estate (1.1%)
CB Richard Ellis, 4.036%, 12/20/13(a)(b)		4,861		4,278
Mattamy Group, 5.375%, 04/11/13(a)(b)		1,965		1,700

				5,978

Retail (1.8%)
Capital Automotive LP, 4.870%, 12/16/10(a)(b)		3,519		3,279
Gregg Appliances, Inc., 5.340%, 07/25/13(a)(b)		893		794
Petco Animal Supplies, Inc., 6.261%, 10/26/13(a)(b)		3,950		3,500
Sports Authority, Inc. (The), 7.080%, 04/06/13(a)(b)		2,948		2,417

				9,990

Telecommunication Services (11.4%)
Asurion Corp., 6.095%, 07/03/14(a)(b)		7,500		6,300
Asurion Corp., 9.584%, 07/03/15(a)(b)		3,000		2,525
Cequel Communications LLC, 6.507%, 10/01/13(a)(b)		3,960		3,340
Cequel Communications LLC, 7.739%, 05/05/14(a)(b)		1,000		735
FairPoint Communications, Inc., 6.625%, 04/01/16(a)(b)		1,000		878
Hawaiian Telecom Communications, Inc., 3.135%, 04/30/12(a)(b)		3,592		2,730
Intelsat (Bermuda) Ltd., 5.611%, 02/02/14(a)(b)		16,000		15,905
Intelsat Corp. (PanAmSat), 5.611%, 07/03/13(a)(b)		733		670
Intelsat Corp. (PanAmSat), 5.611%, 07/03/13(a)(b)		733		670
Intelsat Corp. (PanAmSat), 5.611%, 07/03/13(a)(b)		734		670
IPC Information Systems, Inc., 7.093%, 05/31/14(a)(b)		1,489		1,127
MCC Iowa LLC, 4.671%, 01/31/15(a)(b)		1,975		1,738
NG Wireless, Inc., 6.976%, 07/31/14(a)(b)		2,000		1,900
Paetec Holding Corp., 5.622%, 02/09/13(a)(b)		962		896
Sorenson Communications, Inc., 7.375%, 08/01/13(a)(b)		6,450		5,990
Sorenson Communications, Inc., 11.830%, 02/01/14(a)(b)		1,828		1,755
Stratos Global Corp., 7.580%, 02/13/12(a)(b)		2,678		2,477
Stratos Global Corp., 7.580%, 02/13/12(a)(b)		264		244
Telesat Holdings, Inc., 0.500%, 10/16/14(a)(b)		80		74
Telesat Holdings, Inc., 6.162%, 10/16/14(a)(b)		38		35
US Telepacific Corp., 8.042%, 08/04/11(a)(b)		1,120		980
Virgin Media Investment Holdings Ltd., 6.055%, 09/03/12(a)(b)		2,714		2,456
West Corp., 5.744%, 10/23/13(a)(b)		3,433		2,981
West Corp., 0.000%, 10/24/13(a)(b)(c)		1,000		980
Wind Acquisition Holdings, 11.201%, 12/07/11(a)(b)		1,709		1,504

See Notes to Financial Statements.

103

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Seix Floating Rate High Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Telecommunication Services—continued

Wind Acquisition Holdings, 0.000%, 11/26/14(a)(b)(c)		2,500		2,471
Windstream Corp., 5.500%, 07/17/13(a)(b)		1,990		1,908

				63,939

Transportation (1.2%)
Hertz Corp., 4.568%, 12/21/12(a)(b)		4,468		4,176
Hertz Corp., 6.410%, 12/21/12(a)(b)		684		640
Travelport, Inc., 7.080%, 08/09/13(a)(b)		535		465
Volnay Acquisition (Compagnie Generale), 5.122%, 01/12/14(a)(b)		1,775		1,668

				6,949

Total Bank Loans				525,479

Corporate Bonds (2.6%)
Materials (0.2%)
Steel Dynamics, Inc., 7.750%, 04/15/16, Callable 04/15/12 @ 103.88(b)		1,300		1,301

Media (1.1%)
Clear Channel Communications, Inc., 7.650%, 09/15/10		3,000		3,168
Mediacom Broadband LLC, 9.500%, 01/15/13, Callable 04/21/08 @ 101.58		3,000		2,760

				5,928

Telecommunication Services (1.3%)
Alltel Communications, 10.375%, 12/01/17, Callable 12/01/12 @ 105.19(b)		2,000		1,720
FairPoint Communications, Inc., 13.125%, 04/01/18, Callable 04/01/13 @ 106.56(b)		3,000		2,881
Intelsat Intermediate, 0.000%, 02/01/15, Callable 02/01/10 @ 104.63(d)		1,000		850
Qwest Communications International, Inc., 6.565%, 02/15/09, Callable 04/21/08 @ 100(a)		2,000		1,980

				7,431

Total Corporate Bonds				14,660

Preferred Stocks (0.6%)
Financials (0.6%)
Citigroup, Inc., Ser AA, 8.125%, Callable 02/15/18 @ 25		40		962
Credit Suisse, 7.900%, Callable 03/28/13 @ 25		60		1,500
DB Cap Trust III, 7.600%, Callable 02/20/18 @ 25		40		990

Total Preferred Stocks				3,452

U.S. Treasury Obligation (0.2%)
U.S. Treasury Notes, 3.125%, 10/15/08		800		807

Total U.S. Treasury Obligations				807

Money Market Fund (4.7%)
RidgeWorth Institutional Cash Management Money Market Fund(e)		26,140,589		26,141

Total Money Market Fund				26,141

Total Investments (Cost $617,923)(f) — 101.9%				570,539
Liabilities in excess of other assets — (1.9)%				(10,524	)

Net Assets — 100.0%			$	560,015


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 94.9% of net assets as of March 31, 2008.

See Notes to Financial Statements.

104

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund


	Shares or
	Principal
	Amount($)		Value($)
Bank Loans (3.7%)
Commercial Services (0.9%)
Cenveo, Inc., 8.119%, 06/21/14(a)(b)		6,000		6,000

Diversified Financial Services (1.7%)
East Valley Tourist Development Authority, 9.440%, 08/06/14(a)(b)		11,500		11,385

Electric (0.1%)
Calpine Corp., 0.997%, 03/29/09(a)(b)		875		760

Telecommunication Services (1.0%)
Asurion Corp., 6.095%, 07/03/14(a)(b)		6,500		5,460
Sorenson Communications, Inc., 7.375%, 08/01/13(a)(b)		1,802		1,674

				7,134

Total Bank Loans				25,279

Corporate Bonds (86.8%)
Advertising (0.4%)
R.H. Donnelley Corp., 8.875%, 01/15/16, Callable 01/15/11 @ 104.44		1,805		1,142
Valassis Communications, Inc., 8.250%, 03/01/15, Callable 03/01/11 @ 104.13(c)		2,065		1,698

				2,840

Aerospace/Defense (0.9%)
Hawker Beechcraft Acquisition Co., 8.500%, 04/01/15, Callable 04/01/11 @ 104.25(c)		3,090		3,175
Hawker Beechcraft Acquisition Co., 8.875%, 04/01/15, Callable 04/01/11 @ 104.44		800		818
Transdigm, Inc., 7.750%, 07/15/14, Callable 07/15/09 @ 105.81		2,380		2,380

				6,373

Apparel (0.5%)
Levi Strauss & Co., 9.750%, 01/15/15, Callable 01/15/10 @ 104.88		1,260		1,255
Levi Strauss & Co., 8.875%, 04/01/16, Callable 04/01/11 @ 104.44(c)		1,965		1,877

				3,132

Auto Manufacturers (0.2%)
Tenneco, Inc., 8.125%, 11/15/15, Callable 11/15/11 @ 104.06(b)		1,305		1,295

Auto Parts & Equipment (1.0%)
Goodyear Tire & Rubber Co. (The), 8.663%, 12/01/09, Callable 04/21/08 @ 100(a)		5,675		5,639
Goodyear Tire & Rubber Co. (The), 8.625%, 12/01/11, Callable 12/01/09 @ 104.31		1		1
Goodyear Tire & Rubber Co. (The), 9.000%, 07/01/15, Callable 07/01/10 @ 104.5(c)		938		992

				6,632

Beverages (0.6%)
Constellation Brands, Inc., 8.375%, 12/15/14		4,135		4,259

Chemicals (1.9%)
Axcan Intermediate Holdings, Inc., 9.250%, 03/01/15, Callable 03/01/11 @ 106.94(b)		2,250		2,227
Huntsman International LLC, 11.625%, 10/15/10, Callable 04/21/08 @ 105.81		3,785		4,003

See Notes to Financial Statements.

106

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Chemicals—continued

Ineos Group Holdings PLC, 8.500%, 02/15/16, Callable 02/15/11 @ 104.25(b)(c)		4,325		3,363
Mosaic Co., 7.375%, 12/01/14, Callable 12/01/10 @ 103.69(b)		990		1,059
Mosaic Co., 7.625%, 12/01/16, Callable 12/01/11 @ 103.81(b)		475		511
Reichhold Industries, Inc., 9.000%, 08/15/14, Callable 08/15/10 @ 104.50(b)		2,310		2,264

				13,427

Coal (1.0%)
Arch Western Finance LLC, 6.750%, 07/01/13, Callable 07/01/08 @ 103.38		1,830		1,826
Peabody Energy Corp., 7.375%, 11/01/16		5,120		5,299

				7,125

Commercial Services (4.6%)
Aramark Services, Inc., 8.500%, 02/01/15, Callable 02/01/11 @ 104.25		4,845		4,857
Corrections Corp. of America, 7.500%, 05/01/11, Callable 05/01/08 @ 101.88		5,250		5,302
Deluxe Corp., 7.375%, 06/01/15, Callable 06/01/11 @ 103.69		1,785		1,665
DI Finance/DynCorp International, Ser B, 9.500%, 02/15/13, Callable 02/15/09 @ 104.75		2,303		2,355
Hertz Corp., 8.875%, 01/01/14, Callable 01/01/10 @ 104.44(c)		1,620		1,535
Hertz Corp., 10.500%, 01/01/16, Callable 01/01/11 @ 105.25(c)		1,935		1,812
Iron Mountain, Inc., 8.625%, 04/01/13, Callable 04/07/08 @ 101.44		2,200		2,222
Iron Mountain, Inc., 7.750%, 01/15/15, Callable 04/07/08 @ 103.88(c)		3,155		3,171
Rainbow National Services LLC, 10.375%, 09/01/14, Callable 09/01/09 @ 105.19(b)		1,050		1,113
Seitel Acquisition Corp., 9.750%, 02/15/14, Callable 02/15/11 @ 104.88		2,480		2,089
Service Corp. International, 6.750%, 04/01/15		1,765		1,736
Service Corp. International, 7.000%, 06/15/17		1,825		1,761
United Rentals NA, Inc., 6.500%, 02/15/12, Callable 04/21/08 @ 103.25		2,430		2,199

				31,817

Diversified Financial Services (8.5%)
Alamosa Delaware, Inc., 8.500%, 01/31/12, Callable 04/10/08 @ 104.25		5,545		5,004
Bank of America Corp., Ser K, 8.000%, 12/29/49, Callable 01/30/18 @ 100		7,310		7,319

See Notes to Financial Statements.

107

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

Buffalo Thunder Development Authority, 9.375%, 12/15/14, Callable 12/15/10 @ 104.69(b)		1,135		851
Ford Motor Credit Corp., 6.625%, 06/16/08		3,000		2,966
Ford Motor Credit Corp., 5.800%, 01/12/09(c)		3,760		3,582
Ford Motor Credit Corp., 9.750%, 09/15/10		4,100		3,652
Ford Motor Credit Corp., 7.250%, 10/25/11		785		645
Ford Motor Credit Corp., 7.993%, 01/13/12(a)(c)		3,730		2,759
Ford Motor Credit Corp., 8.000%, 12/15/16		1,000		783
Galaxy Entertainment Group, Ltd., 9.875%, 12/15/12, Callable 12/15/09 @ 104.94(b)		250		248
Galaxy Entertainment Group, Ltd., 9.829%, 12/15/10, Callable 12/15/08 @ 101.50(a)(b)		2,630		2,604
GMAC LLC, 5.625%, 05/15/09		2,240		2,041
GMAC LLC, 7.250%, 03/02/11		670		528
GMAC LLC, 6.875%, 09/15/11		3,940		3,016
GMAC LLC, 6.000%, 12/15/11		3,025		2,261
GMAC LLC, 6.625%, 05/15/12		255		193
GMAC LLC, 8.000%, 11/01/31		5,650		4,049
Hexion US Finance Corp., 9.369%, 11/15/14, Callable 11/15/08 @ 102(a)		1,550		1,449
Hexion US Finance Corp., 9.750%, 11/15/14, Callable 11/15/10 @ 104.88		2,520		2,703
Idearc, Inc., 8.000%, 11/15/16, Callable 11/15/11 @ 104		2,275		1,473
LVB Acquisition, Inc., 10.000%, 10/15/17, Callable 10/15/12 @ 105(b)(c)		3,405		3,567
NSG Holdings LLC, 7.750%, 12/15/25(b)		5,885		5,709
Snoqualmie Enterprise Authority, 6.936%, 02/01/14, Callable 02/01/09 @ 103(a)(b)		1,545		1,259

				58,661

Diversified Minerals (1.9%)
CII Carbon LLC, 11.125%, 11/15/15, Callable 11/15/11 @ 105.56(b)		2,600		2,314
FMG Finance Property Ltd., 10.000%, 09/01/13(b)		9,110		9,793
Ryerson, Inc., 12.574%, 11/01/14, Callable 11/01/09 @ 106(a)(b)		595		536
Ryerson, Inc., 12.000%, 11/01/15, Callable 11/01/11 @ 106(b)		470		444

				13,087

Diversified Operations (3.5%)
Freeport-McMoRan Copper & Gold, Inc., 8.250%, 04/01/15, Callable 04/01/11 @ 104.13		5,890		6,214
Freeport-McMoRan Copper & Gold, Inc., 8.375%, 04/01/17, Callable 04/01/12 @ 104.19		6,845		7,264
Leucadia National Corp., 7.000%, 08/15/13		1,890		1,876

See Notes to Financial Statements.

108

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Operations—continued

Leucadia National Corp., 7.125%, 03/15/17, Callable 03/15/12 @ 103.56		4,745		4,496
SPX Corp., 7.625%, 12/15/14(b)		4,245		4,372

				24,222

Electric (11.4%)
AES Corp. (The), 8.750%, 05/15/13, Callable 05/15/08 @ 104.375(b)		1		1
AES Corp. (The), 7.750%, 10/15/15		2,155		2,171
AES Corp. (The), 8.000%, 10/15/17		6,690		6,774
Aquila, Inc., 9.950%, 02/01/11		4,740		4,991
Aquila, Inc., 12.073%, 07/01/12		4,200		5,176
Baldor Electic Co., 8.625%, 02/15/17, Callable 02/15/12 @ 103.31(c)		1,470		1,455
Edison Mission Energy, 7.500%, 06/15/13		265		272
Elwood Energy LLC, 8.159%, 07/05/26		3,057		2,959
Energy Future Holdings, 10.875%, 11/01/17, Callable 11/01/12 @ 105.44(b)		6,070		6,131
General Cable Corp., 7.104%, 04/01/15, Callable 04/01/09 @ 102(a)		2,720		2,346
Homer City Funding LLC, 8.137%, 10/01/19		1,369		1,423
Inergy LP/Inergy Finance, 8.250%, 03/01/16, Callable 03/01/11 @ 104.13		1,565		1,600
InterGen NV, 9.000%, 06/30/17, Callable 06/30/12 @ 104.50(b)		1,600		1,672
Midwest Generation LLC, Ser A, 8.300%, 07/02/09		1,762		1,798
Midwest Generation LLC, Ser B, 8.560%, 01/02/16		4,235		4,595
Mirant Mid-Atlantic LLC, Ser B, 9.125%, 06/30/17		5,814		6,432
Mirant Mid-Atlantic LLC, Ser C, 10.060%, 12/30/28		2,436		2,801
NRG Energy, Inc., 7.375%, 02/01/16, Callable 02/01/11 @ 103.69(c)		5,390		5,282
NRG Energy, Inc., 7.375%, 01/15/17, Callable 11/15/11 @ 100		4,375		4,255
Reliant Energy, Inc., 6.750%, 12/15/14, Callable 12/15/09 @ 103.38		1,855		1,887
Sithe/Independence Funding, Ser A, 9.000%, 12/30/13		2,754		2,886
Texas Competitive Electric Holdings LLC, 10.250%, 11/01/15, Callable 11/01/11 @ 105.13(b)		7,525		7,499
Texas Competitive Electric Holdings LLC, 10.250%, 11/01/15, Callable 11/01/11 @ 105.13(b)(c)		3,925		3,910

				78,316

Electronics (0.1%)
Flextronics International Ltd., 6.500%, 05/15/13		1,035		988

See Notes to Financial Statements.

109

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Entertainment (1.7%)
Harrah’s Operating Co., Inc., 10.750%, 02/01/16, Callable 02/01/12 @ 105.38(b)		3,440		2,898
Mashantucket Pequot Tribe, 8.500%, 11/15/15, Callable 11/15/11 @ 104.25(b)		3,220		2,834
Pokagon Gaming Authority, 10.375%, 06/15/14, Callable 06/15/10 @ 105.19(b)		1,943		2,050
Seneca Gaming Corp., Ser B, 7.250%, 05/01/12, Callable 05/01/08 @ 103.63		821		774
Shingle Springs Tribal Gaming Authority, 9.375%, 06/15/15, Callable 06/15/11 @ 104.69(b)		1,910		1,690
Sinclair Television Group, 8.000%, 03/15/12, Callable 05/08/08 @ 102.67		1,194		1,206

				11,452

Environmental Control (2.0%)
Allied Waste North America, Inc., 6.500%, 11/15/10		6,800		6,800
Allied Waste North America, Inc., 6.375%, 04/15/11		5,385		5,297
Allied Waste North America, Inc., Ser B, 7.125%, 05/15/16, Callable 05/15/11 @ 103.56(c)		2,000		1,995

				14,092

Food (1.2%)
Del Monte Corp., 8.625%, 12/15/12, Callable 04/21/08 @ 104.31		4,627		4,708
Smithfield Foods, Inc., Ser B, 8.000%, 10/15/09		600		609
Stater Brothers Holdings, Inc., 7.750%, 04/15/15, Callable 04/15/11 @ 103.88		2,790		2,637

				7,954

Forest Products & Paper (2.1%)
Abitibi-Consolidated, Inc., 13.750%, 01/01/11(b)		3,895		3,983
Cascades, Inc., 7.250%, 02/15/13, Callable 05/08/08 @ 103.62		625		552
Georgia-Pacific LLC, 8.125%, 05/15/11		1,450		1,439
Georgia-Pacific LLC, 9.500%, 12/01/11		3,125		3,180
New Page Holding Corp., 10.000%, 05/01/12, Callable 05/01/09 @ 106(b)(c)		2,000		2,030
Rock-Tenn Co., 9.250%, 03/15/16, Callable 03/15/12 @ 104.63(b)		1,720		1,780
Verso Paper Holdings LLC, Ser B, 6.989%, 08/01/14, Callable 08/01/08 @ 102(a)		2,075		1,753

				14,717

Health Care (6.5%)
Boston Scientific Corp., 6.000%, 06/15/11		3,080		3,003
Community Health Systems, Inc., 8.875%, 07/15/15, Callable 07/15/11 @ 104.44(c)		6,025		6,048

See Notes to Financial Statements.

110

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Health Care—continued

DaVita, Inc., 6.625%, 03/15/13, Callable 03/15/09 @ 103.31		3,370		3,269
HCA, Inc., 9.125%, 11/15/14, Callable 11/15/10 @ 104.56(c)		11,930		12,288
HCA, Inc., 9.250%, 11/15/16, Callable 11/15/11 @ 104.63		7,835		8,129
Health Management Associates, Inc., 6.125%, 04/15/16		3,235		2,733
Psychiatric Solutions, Inc., 7.750%, 07/15/15, Callable 07/15/10 @ 103.88		3,050		3,035
Tenet Healthcare Corp., 9.875%, 07/01/14		455		440
Universal Hospital Services, Inc., 8.288%, 06/01/15, Callable 06/01/09 @ 102(a)		780		694
Universal Hospital Services, Inc. (PIK), 8.500%, 06/01/15, Callable 06/01/11 @ 104.25		4,855		4,855

				44,494

Insurance (1.5%)
AFC Capital Trust I, Ser B, 8.207%, 02/03/27		4,142		3,234
Crum & Forster Holdings Corp., 7.750%, 05/01/17, Callable 05/01/12 @ 103.88		4,425		4,193
Fairfax Financial Holdings, 7.750%, 06/15/17, Callable 06/15/12 @ 103.88(c)		3,075		2,967

				10,394

Lodging (1.8%)
Boyd Gaming Corp., 7.750%, 12/15/12, Callable 04/21/08 @ 103.88		2,455		2,271
MGM Mirage, Inc., 8.500%, 09/15/10		905		934
MGM Mirage, Inc., 6.625%, 07/15/15(c)		3,555		3,093
MGM Mirage, Inc., 7.500%, 06/01/16		755		679
San Pasqual Casino, 8.000%, 09/15/13, Callable 09/15/09 @ 104(b)		1,365		1,273
Wynn Las Vegas LLC, 6.625%, 12/01/14, Callable 12/01/09 @ 103.31		4,065		3,913

				12,163

Machinery Diversified (0.6%)
Case Corp., 7.250%, 01/15/16		1,375		1,334
Chart Industries, Inc., 9.125%, 10/15/15, Callable 10/15/10 @ 104.56		2,700		2,646

				3,980

Materials (0.6%)
Steel Dynamics, Inc., 7.750%, 04/15/16, Callable 04/15/12 @ 103.88(b)		3,860		3,865

Media (6.3%)
Block Communications, Inc., 8.250%, 12/15/15, Callable 12/15/10 @ 104.13(b)		975		916
Clear Channel Communications, Inc., 7.650%, 09/15/10		1,800		1,901
Dex Media, Inc., 8.000%, 11/15/13, Callable 11/15/08 @ 104		360		263

See Notes to Financial Statements.

111

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Media—continued

DirecTV Holdings LLC, 8.375%, 03/15/13, Callable 04/21/08 @ 104.19		8,200		8,313
EchoStar DBS Corp., 7.125%, 02/01/16		5,175		4,826
Kabel Deutschland GmbH, 10.625%, 07/01/14, Callable 07/01/09 @ 105.31		6,335		6,216
LIN Television Corp., 6.500%, 05/15/13, Callable 05/15/12 @ 103.25(c)		2,690		2,495
LIN Television Corp., Ser B, 6.500%, 05/15/13, Callable 05/15/08 @ 103.25		2,305		2,138
Mediacom Broadband LLC, 9.500%, 01/15/13, Callable 04/21/08 @ 101.58		955		879
Mediacom Broadband LLC, 8.500%, 10/15/15, Callable 10/15/10 @ 104.25		7,185		6,035
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		4,700		4,289
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		3,005		2,742
Rogers Cable, Inc., 8.750%, 05/01/32		1,400		1,551
Univision Communication, Inc., 7.850%, 07/15/11		710		630

				43,194

Metals (0.6%)
Owens-Brockway Glass Containers, Inc., 8.250%, 05/15/13, Callable 05/15/08 @ 104.12		3,715		3,845

Miscellaneous Manufacturer (0.8%)
American Railcar Industries, 7.500%, 03/01/14, Callable 03/01/11 @ 103.75		1,755		1,544
Bombardier, Inc., 6.300%, 05/01/14(b)		2,340		2,223
Bombardier, Inc., 8.000%, 11/15/14, Callable 11/15/10 @ 104(b)		1,900		1,957

				5,724

Oil & Gas (9.3%)
Atlas Energy Resources LLC, 10.750%, 02/01/18, Callable 02/01/13 @ 105.38(b)		1,885		1,908
Chesapeake Energy Corp., 7.625%, 07/15/13		7,585		7,774
Chesapeake Energy Corp., 7.500%, 06/15/14, Callable 06/15/09 @ 103.75		345		354
Chesapeake Energy Corp., 7.000%, 08/15/14, Callable 08/15/09 @ 103.50		4,125		4,135
Chesapeake Energy Corp., 7.750%, 01/15/15, Callable 04/10/08 @ 103.88		1,300		1,339
Cie Generale De Geophysique, 7.500%, 05/15/15, Callable 05/15/10 @ 103.75		4,225		4,288
Cie Generale De Geophysique, 7.750%, 05/15/17, Callable 05/15/12 @ 103.88		1,510		1,533
Cimarex Energy Co., 7.125%, 05/01/17, Callable 05/01/12 @ 103.56		1,995		1,980

See Notes to Financial Statements.

112

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Oil & Gas—continued

Compton Petroleum Finance Corp., 7.625%, 12/01/13, Callable 12/01/09 @ 103.81		4,480		4,289
Connacher Oil & Gas, 10.250%, 12/15/15, Callable 12/15/11 @ 105.13(b)		4,895		4,932
Mariner Energy, Inc., 8.000%, 05/15/17, Callable 05/15/12 @ 104		2,465		2,354
OPTI Canada, Inc., 7.875%, 12/15/14, Callable 12/15/10 @ 104.13		5,115		5,000
OPTI Canada, Inc., 8.250%, 12/15/14, Callable 12/15/10 @ 104.13		5,085		5,034
Petrohawk Energy Corp., 9.125%, 07/15/13, Callable 07/15/10 @ 104.56		4,210		4,326
Pioneer Natural Resources Co., 6.650%, 03/15/17		2,915		2,759
Sabine Pass LNG LP, 7.250%, 11/30/13		2,895		2,794
Sabine Pass LNG LP, 7.500%, 11/30/16		4,540		4,381
Southwestern Energy Co., 7.500%, 02/01/18(b)		795		823
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25		2,705		2,678
Western Oil Sands, Inc., 8.375%, 05/01/12		1,064		1,195

				63,876

Packaging & Containers (0.9%)
Graphic Packaging International, 9.500%, 08/15/13, Callable 08/15/08 @ 104.75(c)		3,200		3,072
Silgan Holdings, Inc., 6.750%, 11/15/13, Callable 11/15/08 @ 103.38		3,000		2,805

				5,877

Pipelines (2.5%)
Copano Energy LLC, 8.125%, 03/01/16, Callable 03/01/11 @ 104.06		2,085		2,158
Dynegy Holdings, Inc., 7.500%, 06/01/15		1,130		1,059
El Paso Corp., 7.000%, 06/15/17		790		813
Kinder Morgan, 5.700%, 01/05/16(c)		7,200		6,822
Markwest Energy Partners LP, Ser B, 8.500%, 07/15/16, Callable 07/15/11 @ 104.25		3,295		3,320
Tennessee Gas Pipeline, 7.500%, 04/01/17		2,500		2,698
Transcontinental Gas Pipe Line Corp., Ser B, 8.875%, 07/15/12		325		370

				17,240

Real Estate (0.7%)
American Real Estate Partners LP, 8.125%, 06/01/12, Callable 06/01/08 @ 104.06		1,450		1,414
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56		3,980		3,612

				5,026

See Notes to Financial Statements.

113

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Real Estate—continued
REITS (0.9%)
Host Marriott LP, 7.125%, 11/01/13, Callable 11/01/08 @ 103.56		4,110		4,028
Omega Healthcare Investors, Inc., 7.000%, 04/01/14, Callable 04/01/09 @ 103.5		2,268		2,177

				6,205

Retail (0.3%)
Gamestop Corp., 8.000%, 10/01/12, Callable 10/01/09 @ 104		2,025		2,141

Semiconductors (0.1%)
Amkor Technologies, Inc., 9.250%, 06/01/16, Callable 06/01/11 @ 104.63		330		317
Avago Technologies Finance Ltd., 10.624%, 06/01/13, Callable 04/21/08 @ 102(a)(c)		422		416

				733

Telecommunication Services (9.2%)
Alltel Communications, 10.375%, 12/01/17, Callable 12/01/12 @ 105.19(b)		7,295		6,274
Citizens Communications Co., 9.250%, 05/15/11		1,600		1,656
FairPoint Communications, Inc., 13.125%, 04/01/18, Callable 04/01/13 @ 106.56(b)		3,175		3,048
GCI, Inc., 7.250%, 02/15/14, Callable 02/15/09 @ 103.62		2,265		1,869
Inmarsat Finance II PLC, 0.000%, 11/15/12, Callable 11/15/08 @ 105.19(d)		4,980		4,831
Inmarsat Group Ltd., 7.625%, 06/30/12, Callable 04/21/08 @ 103.81		2,679		2,672
Intelsat Subsidiary Holding Co. Ltd., 8.250%, 01/15/13, Callable 01/15/09 @ 104.13		10,535		10,614
Nordic Telephone Co. Holdings, 8.875%, 05/01/16, Callable 05/01/11 @ 104.44(b)(c)		2,995		2,905
NTL Cable PLC, 8.750%, 04/15/14, Callable 04/15/09 @ 104.375		5,444		4,886
Qwest Communications International, Inc., 6.565%, 02/15/09, Callable 04/21/08 @ 100(a)		1,139		1,128
Qwest Communications International, Inc., 7.250%, 02/15/11, Callable 04/21/08 @ 103.62(c)		4,575		4,392
Qwest Corp., 8.241%, 06/15/13(a)		1,500		1,350
Rogers Wireless, Inc., 9.625%, 05/01/11		1,118		1,238
Rural Cellular Corp., 8.250%, 03/15/12, Callable 04/07/08 @ 104.12		2,740		2,808
Telcordia Technologies, Inc., 8.008%, 07/15/12, Callable 07/15/08 @ 102(a)(b)		4,745		3,606
Valor Telecommunications Enterprise LLC, 7.750%, 02/15/15, Callable 02/15/10 @ 103.88		2,580		2,635

See Notes to Financial Statements.

114

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Seix High Yield Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Telecommunication Services—continued

Virgin Media Finance PLC, 9.125%, 08/15/16, Callable 08/15/11 @ 104.56		650		582
Wind Acquisition Finance SA, 10.750%, 12/01/15, Callable 12/01/10 @ 105.38(b)		4,975		5,074
Windstream Corp., 8.625%, 08/01/16, Callable 08/01/11 @ 104.31(c)		762		749
Windstream Regatta Holdings, 11.000%, 12/01/17, Callable 12/01/12 @ 105.50(b)		2,015		1,229

				63,546

Transportation (0.7%)
Bristow Group, Inc., 7.500%, 09/15/17, Callable 09/15/12 @ 103.75		1,870		1,879
CHC Helicopter Corp., 7.375%, 05/01/14, Callable 05/01/09 @ 103.69		2,997		2,986

				4,865

Total Corporate Bonds				597,557

Preferred Stocks (2.5%)
Financials (2.5%)
Citigroup, Inc., Ser AA, 8.125%, Callable 02/15/18 @ 25		126		3,036
Credit Suisse, 7.900%, Callable 03/28/13 @ 25		262		6,542
DB Cap Trust III, 7.600%, Callable 02/20/18 @ 25		70		1,741
Fannie Mae, 8.25%, Callable 12/31/10 @ 25		222		5,349
Freddie Mac, Ser Z, 8.375%, Callable 12/31/12 @ 25		34		817

Total Preferred Stocks				17,485

U.S. Treasury Obligations (0.5%)
U.S. Treasury Notes (0.5%)
3.125%, 10/15/08		3,750		3,785

Total U.S. Treasury Obligations				3,785

Short-Term Investments (7.1%)
Credit Suisse Enhanced Liquidity Fund(e)		49,132,675		49,133

Total Short-Term Investments				49,133

Money Market Fund (2.0%)
RidgeWorth Institutional Cash Management Money Market Fund(f)		13,457,223		13,457

Total Money Market Fund				13,457

Total Investments (Cost $728,411)(g) — 102.6%				706,696
Liabilities in excess of other assets — (2.6)%				(17,963	)

Net Assets — 100.0%			$	688,733


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 21.1% of net assets as of March 31, 2008.

(c)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $47,004.

(d)		Step bond.

See Notes to Financial Statements.

115

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Short-Term Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Commercial Paper (3.0%)
Banks (1.5%)
Lloyds TSB Bank PLC, 2.740%, 04/01/08(a)		6,000		5,999

Diversified Financial Services (1.5%)
Dexia Delaware LLC, 2.540%, 04/01/08(a)		6,000		6,000

Total Commercial Paper				11,999

Asset-Backed Securities (2.5%)
Automobile ABS (2.5%)
Capital Auto Receivables Asset Trust, Ser 2006-1, Cl A3, 5.030%, 10/15/09		1,667		1,676
Capital One Prime Auto Receivable Trust, Ser 2006-1 Cl A3, 4.990%, 09/15/10		2,060		2,077
Honda Auto Receivables Owner Trust, Ser 2005-6, Cl A3, 4.917%, 10/19/09		1,130		1,136
USAA Auto Owner Trust, Ser 2006-4 Cl A3, 5.010%, 06/15/11		5,000		5,065

Total Asset-Backed Securities				9,954

Collateralized Mortgage Obligations (23.3%)
Adjustable Rate Mortgage Trust, Ser 2005-1, Cl 2A22, 4.592%, 05/25/35(b)		1,640		1,652
Adjustable Rate Mortgage Trust, Ser 2005-4, Cl 3A1, 4.963%, 08/25/35(b)		3,904		3,660
Banc of America Commercial Mortgage, Inc., Ser 2004-2, Cl A2, 3.520%, 11/10/38		1,387		1,370
Banc of America Commercial Mortgage, Inc., Ser 2004-5, Cl A3, 4.561%, 11/10/41		2,300		2,227
Bear Stearns Alternative-A Trust, Ser 2006-2, Cl 23A1, 5.954%, 03/25/36(b)		3,590		2,784
Bear Stearns Commercial Mortgage Securities, Ser 2004-ESA, Cl C, 4.937%, 05/14/16(c)		3,000		3,085
Bear Stearns Commercial Mortgage Securities, Ser 2005-T20, Cl A1, 4.940%, 10/12/42		1,265		1,261
CS First Boston Mortgage Securities Corp., Ser 2004-C3, Cl A3, 4.221%, 07/15/36		4,670		4,619
CS First Boston Mortgage Securities Corp., Ser 2005-C1, Cl A2, 4.609%, 02/15/38		4,745		4,689
Deutsche Mortgage Securities, Inc., Ser 2004-5, Cl A2, 4.980%, 07/25/34		3,046		3,037
First Horizon Alternative Mortgage Securities, Ser 2005-AA3, Cl 2A1, 5.185%, 05/25/35(b)		2,337		1,130
First Horizon Alternative Mortgage Securities, Ser 2005-AA7, Cl 2A1, 5.406%, 09/25/35(b)		2,132		1,768
Greenwich Capital Commercial Funding Corp., Ser 2004-GG1, Cl A3, 4.404%, 06/10/36		3,021		3,000
Greenwich Capital Commercial Funding Corp., Ser 2005-GG3, Cl A2, 4.305%, 08/10/42		4,810		4,745
Greenwich Capital Commercial Funding Corp., Ser 2005-GG5, Cl A2, 5.117%, 04/10/37		3,200		3,180
GSR Mortgage Loan Trust, Ser 2007-AR1, Cl 2A1, 6.018%, 03/25/37(b)		2,934		2,790
JPMorgan Chase Commercial Mortgage Securities, Ser 2005-LDP1, Cl A2, 4.625%, 03/15/46		3,395		3,360

See Notes to Financial Statements.

117

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Short-Term Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

LB Commercial Conduit Mortgage Trust, Ser 1998-C4, Cl A1B, 6.210%, 10/15/35		1,737		1,738
LB-UBS Commercial Mortgage Trust, Ser 2005-C1, Cl A2, 4.310%, 02/15/30		4,500		4,428
MASTR Adjustable Rate Mortgages Trust, Ser 2007-1, Cl 2A1, 5.976%, 11/25/36(b)		4,106		3,904
Morgan Stanley Capital I, Ser 1998-XL2, Cl A2, 6.170%, 10/03/34		5,280		5,296
Morgan Stanley Capital I, Ser 2006-HQ8, Cl A1, 5.195%, 03/12/44		885		881
Residential Accredit Loans, Inc., Ser 2003-QS17, Cl CB3, 5.500%, 09/25/33		2,321		2,313
Residential Funding Mortgage Securities I, Ser 2004-S3, Cl A1, 4.750%, 03/25/19		3,686		3,573
SunTrust Adjustable Rate Mortgage Loan Trust, Ser 2007-S1, Cl 1A, 5.175%, 08/25/22(b)		3,008		2,613
Wachovia Bank Commercial Mortgage Trust, Ser 2002-C1 Cl A2, 5.681%, 04/15/34		384		384
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C16, Cl A2, 4.380%, 10/15/41		4,029		3,978
Wells Fargo Mortgage Backed Securities Trust, Ser 2004-S, Cl A5, 3.541%, 09/25/34(b)		3,420		3,418
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-16, Cl A12, 5.432%, 11/25/36		4,096		4,086
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 2A4, 5.241%, 04/25/36(b)		3,643		3,602
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 3A1, 5.238%, 04/25/36(b)		4,290		4,146

Total Collateralized Mortgage Obligations				92,717

Corporate Bonds (29.6%)
Aerospace/Defense (0.5%)
Raytheon Co., 4.850%, 01/15/11		2,000		2,061

Auto Parts & Equipment (0.3%)
Johnson Controls, Inc., 5.250%, 01/15/11		1,250		1,290

Banks (4.7%)
American Express Bank, 2.666%, 04/26/10(b)		4,300		4,112
Bank of America Corp., 7.400%, 01/15/11		4,455		4,770
JPMorgan Chase & Co., 7.000%, 11/15/09		2,540		2,654
Wachovia Corp., 6.375%, 02/01/09		3,300		3,335
Wells Fargo & Co., 4.375%, 01/31/13		3,900		3,880

				18,751

Beverages (1.0%)
Diageo Capital PLC, 4.375%, 05/03/10		3,765		3,839

Commercial Services (0.3%)
ERAC USA Finance Co., 7.350%, 06/15/08(c)		1,125		1,133

Computers (0.2%)
Hewlett-Packard Co., 4.500%, 03/01/13		790		801

Consumer Staples (1.1%)
Avon Products, Inc., 5.125%, 01/15/11		1,915		1,962
Kellogg Co., 4.250%, 03/06/13		2,345		2,338

				4,300

Diversified Financial Services (12.5%)
American Honda Finance Corp., 4.625%, 04/02/13, MTN(c)		2,000		2,011
Boeing Capital Corp., 4.750%, 08/25/08		2,437		2,461

See Notes to Financial Statements.

118

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Short-Term Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

Caterpillar Financial Services Corp., 4.150%, 01/15/10, MTN		2,915		2,959
Citigroup, Inc., 6.200%, 03/15/09		3,225		3,279
Credit Suisse (USA), Inc., 5.250%, 03/02/11		3,395		3,494
General Electric Capital Corp., Ser A, 4.125%, 09/01/09, MTN		2,125		2,153
Goldman Sachs Group, Inc. (The), 6.875%, 01/15/11		4,550		4,856
HSBC Finance Corp., 4.125%, 11/16/09		2,720		2,678
ING USA Global Trust, 4.500%, 10/01/10		2,500		2,589
International Lease Finance Corp., 5.750%, 06/15/11		3,250		3,270
John Deere Capital Corp., Ser D, 4.875%, 03/16/09, MTN		2,806		2,843
Lehman Brothers Holdings, Inc., 5.625%, 01/24/13		1,375		1,337
Lehman Brothers Holdings, Inc., Ser G, 4.250%, 01/27/10, MTN(d)		2,455		2,368
Merrill Lynch & Co., Inc., 4.831%, 10/27/08		2,060		2,064
Merrill Lynch & Co., Ser C, 5.450%, 02/05/13		1,920		1,889
Morgan Stanley, 4.000%, 01/15/10		3,900		3,853
Prudential Financial, Inc., Ser D, 5.150%, 01/15/13, MTN		4,020		4,014
Wells Fargo & Co., 4.200%, 01/15/10		1,725		1,754

				49,872

Energy (0.5%)
MidAmerican Energy Holdings Co., 3.500%, 05/15/08		2,000		2,000

Health Care (0.7%)
Abbott Laboratories, 5.150%, 11/30/12		2,545		2,710

Media (1.1%)
Comcast Cable Communication, Inc., 6.750%, 01/30/11		1,750		1,820
Cox Communications, Inc., 7.750%, 11/01/10		1,705		1,832
Time Warner Entertainment Co., 7.250%, 09/01/08		810		819

				4,471

Miscellaneous Manufacturer (1.4%)
Avon Products, Inc., 7.150%, 11/15/09		2,195		2,327
Honeywell International, Inc., 7.500%, 03/01/10		3,165		3,411

				5,738

Oil & Gas (0.6%)
Anadarko Petroleum Corp., 3.250%, 05/01/08		1,470		1,470
Enterprise Products Partners LP, Ser B, 4.625%, 10/15/09		740		749

				2,219

Pipelines (1.1%)
CenterPoint Energy Resources Corp., 7.750%, 02/15/11		1,650		1,782
DCP Midstream LLC, 7.875%, 08/16/10		1,405		1,506
ONEOK Partners LP, 7.100%, 03/15/11		886		945

				4,233

Retail (0.8%)
Wal-Mart Stores, Inc., 6.875%, 08/10/09		3,080		3,251

Software (1.0%)
Oracle Corp., 5.000%, 01/15/11		3,860		3,960

Telecommunication Services (0.8%)
BellSouth Telecommunications, Inc., 5.875%, 01/15/09		1,450		1,474
SBC Communications, Inc., 4.125%, 09/15/09		790		794
Verizon Communications, Inc., 4.350%, 02/15/13		1,130		1,107

				3,375

See Notes to Financial Statements.

119

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Short-Term Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Transportation (0.6%)
Burlington Northern Santa Fe Corp., 5.750%, 03/15/18		1,000		1,003
Union Pacific Corp., 6.650%, 01/15/11		1,215		1,284

				2,287

Utilities (0.4%)
American Electric Power Co., Inc., Ser C, 5.375%, 03/15/10		1,395		1,427

Total Corporate Bonds				117,718

Master Notes (1.8%)
Banks (1.8%)
Bank of America Corp., 3.100%(b)(e)		7,001		7,001

Total Master Notes				7,001

U.S. Government Agencies (7.8%)
Fannie Mae (2.6%)
5.080%, 05/14/10, Callable 05/14/09 @ 100		2,275		2,346
4.500%, 02/15/11		7,500		7,878

				10,224

Federal Home Loan Bank (2.8%)
5.250%, 08/05/09		8,500		8,835
5.000%, 03/12/10		2,375		2,499

				11,334

Freddie Mac (2.4%)
5.125%, 11/24/10, Callable 11/24/08 @ 100		5,375		5,467
5.400%, 02/02/12, Callable 02/02/09 @ 100		3,850		3,949

				9,416

Total U.S. Government Agencies				30,974

U.S. Government Agency Mortgages (21.2%)
Fannie Mae (14.5%)
6.653%, 07/01/09		1,579		1,606
6.850%, 08/01/09		3,961		4,063
6.955%, 10/01/10(b)		2,954		3,140
7.010%, 11/01/10		2,993		3,191
5.620%, 02/01/12		3,995		4,171
4.628%, 08/01/13		5,226		5,226
4.000%, 12/01/14		2,600		2,612
4.500%, 07/01/15		2,878		2,923
4.500%, 01/25/25		4,205		4,217
5.000%, 11/25/26		1,348		1,361
6.000%, 12/25/30		2,610		2,698
6.000%, 04/01/32		5,000		5,122
6.941%, 09/01/33(b)		424		434
6.937%, 10/01/33(b)		640		657
4.313%, 03/01/34(b)		1,601		1,621
4.667%, 05/01/35(b)		4,757		4,811
5.346%, 06/01/36(b)		5,357		5,475
5.421%, 11/01/37(b)		4,221		4,279

				57,607

Freddie Mac (5.5%)
4.000%, 07/01/08		1,152		1,152
3.750%, 12/15/11		1,287		1,289
5.591%, 01/25/12(b)		2,250		2,339
5.591%, 05/15/16(b)		2,859		2,905
4.500%, 08/15/19		86		87
5.000%, 12/15/20		339		339
4.500%, 10/15/28		2,498		2,509
4.275%, 03/01/34(b)		1,573		1,591
4.891%, 04/01/34(b)		1,108		1,134
6.227%, 09/01/36(b)		3,096		3,182
5.510%, 04/01/37(b)		5,263		5,335

				21,862

Ginnie Mae (1.2%)
6.007%, 02/16/24(b)		426		436
3.701%, 05/16/25		4,431		4,437

				4,873

Total U.S. Government Agency Mortgages				84,342

U.S. Treasury Obligations (9.3%)
U.S. Treasury Notes (9.3%)
3.500%, 08/15/09(d)		8,296		8,517
3.500%, 02/15/10(d)		9,210		9,532
4.750%, 02/15/10		1,110		1,174
4.250%, 01/15/11		9,000		9,619
4.750%, 01/31/12(d)		7,450		8,163

Total U.S. Treasury Obligations				37,005

Short-Term Investments (5.1%)
Credit Suisse Enhanced Liquidity Fund(f)		20,259,958		20,260

Total Short-Term Investments				20,260

See Notes to Financial Statements.

120

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Short-Term Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Money Market Fund (2.9%)
RidgeWorth Institutional Cash Management Money Market Fund(g)		11,632,212		11,632

Total Money Market Fund				11,632

Total Investments (Cost $422,805)(h) — 106.5%				423,602
Liabilities in excess of other assets — (6.5)%				(25,699	)

Net Assets — 100.0%			$	397,903


(a)		Rate represents the effective yield at purchase.
(b)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.
(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 1.6% of net assets as of March 31, 2008.
(d)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $19,800.
(e)		Perpetual maturity.
(f)		This security was purchased with cash collateral held from securities lending.
(g)		Affiliate investment.
(h)		Represents cost for financial reporting purposes.

MTN		— Medium Term Note

Open Futures Contracts at March 31, 2008:

Unrealized

Notional

Expiration

Appreciation

Description

Type

Amount($)

Month

Contracts

(Depreciation)($)

U.S. 10YR Note

Short

1,190

06/08

(20

)

Credit Default Swap Agreements


		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)
Merrill Lynch & Co., Inc	Barclays Bank PLC		8,500			0.95		9/20/12		(683	)
Merrill Lynch & Co., Inc	Barclays Bank PLC		(5,000	)		1.06		9/20/17		342

										(341	)

At March 31, 2008, liquid assets totaling $2,394, in thousands, have been designated as collateral for open swap agreements.

See Notes to Financial Statements.

121

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Short-Term U.S. Treasury Securities Fund


	Shares or
	Principal
	Amount($)		Value($)
U.S. Treasury Obligations (97.4%)
U.S. Treasury Notes (97.4%)
4.375%, 11/15/08(a)		4,000		4,071
4.500%, 02/15/09		5,000		5,128
4.875%, 08/15/09		27,000		28,212
3.250%, 12/31/09(a)		15,000		15,413
4.125%, 08/15/10(a)		11,000		11,636
4.500%, 11/15/10		2,500		2,681
4.625%, 02/29/12(a)		5,500		6,000

Total U.S. Treasury Obligations				73,141

Short-Term Investments (36.3%)
Credit Suisse Enhanced Liquidity Fund(b)		27,255,738		27,256

Total Short-Term Investments				27,256

Money Market Fund (3.5%)
Federated U.S. Treasury Cash Reserve Fund		2,601,422		2,601

Total Money Market Fund				2,601

Total Investments (Cost $100,350)(c) — 137.2%				102,998
Liabilities in excess of other assets — (37.2)%				(27,943	)

Net Assets — 100.0%			$	75,055


(a)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $26,498.

(b)		This security was purchased with cash collateral held from securities lending.

(c)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

122

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Strategic Income Fund


	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (0.6%)
Collateralized Loan Obligations ABS (0.6%)
Commercial Industrial Finance Corp., Ser 2006-1BA, Cl B2L, 6.599%, 12/22/20(a)(b)		280		165
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		500		406

Total Asset-Backed Securities				571

Bank Loans (3.6%)
Diversified Financial Services (2.3%)
Cenveo, Inc., 8.119%, 06/21/14(a)(c)		425		425
Clarke American Corp., 5.197%, 04/01/14(a)(c)		636		510
East Valley Tourist Development Authority, 9.440%, 08/06/14(a)(c)		1,100		1,089

				2,024

Telecommunication Services (1.3%)
Asurion Corp., 6.095%, 07/03/14(a)(c)		430		361
Wind Acquisition Holdings, 11.201%, 12/07/11(a)(c)		854		753

				1,114

Total Bank Loans				3,138

Collateralized Mortgage Obligations (8.0%)
Diversified Financial Services (8.0%)
Banc of America Commercial Mortgage, Inc., Ser 2005-6 Cl A4, 5.181%, 09/10/47(a)		3,000		2,984
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 5.911%, 07/10/38(a)		4,000		4,084

Total Collateralized Mortgage Obligations				7,068

Corporate Bonds (36.7%)
Advertising (1.0%)
TL Acquisitions, Inc., 10.500%, 01/15/15, Callable 07/15/11 @ 105.25(c)		850		731
Valassis Communications, Inc., 8.250%, 03/01/15, Callable 03/01/11 @ 104.13(d)		150		123

				854

Apparel (0.2%)
Levi Strauss & Co., 8.875%, 04/01/16, Callable 04/01/11 @ 104.44		200		191

Auto Manufacturers (0.1%)
Tenneco, Inc., 8.125%, 11/15/15, Callable 11/15/11 @ 104.06(c)		90		89

Beverages (0.3%)
Constellation Brands, Inc., 8.375%, 12/15/14		250		257

Chemicals (1.4%)
Axcan Intermediate Holdings, Inc., 9.250%, 03/01/15, Callable 03/01/11 @ 106.94(c)		850		842
Ineos Group Holdings PLC, 8.500%, 02/15/16, Callable 02/15/11 @ 104.25(c)(d)		520		404

				1,246

Commercial Services (1.5%)
Atlantic Broadband, Inc., 9.375%, 01/15/14, Callable 01/15/09 @ 104.69		625		550
Deluxe Corp., 7.375%, 06/01/15, Callable 06/01/11 @ 103.69		80		75
Deluxe Corp., Ser B, 5.125%, 10/01/14		175		143

See Notes to Financial Statements.

123

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Strategic Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Commercial Services—continued

Hertz Corp., 8.875%, 01/01/14, Callable 01/01/10 @ 104.44		65		61
Hertz Corp., 10.500%, 01/01/16, Callable 01/01/11 @ 105.25(d)		250		234
Iron Mountain, Inc., 8.625%, 04/01/13, Callable 04/07/08 @ 101.44		120		121
Iron Mountain, Inc., 7.750%, 01/15/15, Callable 04/07/08 @ 103.88		120		121

				1,305

Diversified Financial Services (4.9%)
Bank of America Corp., Ser K, 8.000%, 12/29/49, Callable 01/30/18 @ 100		370		370
Buffalo Thunder Development Authority, 9.375%, 12/15/14, Callable 12/15/10 @ 104.69(b)		125		94
Ford Motor Credit Co., 8.625%, 11/01/10		775		675
Galaxy Entertainment Group, Ltd., 9.829%, 12/15/10, Callable 12/15/08 @ 101.50(a)(b)		150		149
GMAC LLC, 6.875%, 09/15/11		400		306
GMAC LLC, 6.625%, 05/15/12		195		148
GMAC LLC, 8.000%, 11/01/31		400		287
Hexion US Finance Corp., 9.369%, 11/15/14, Callable 11/15/08 @ 102(a)		75		70
Hexion US Finance Corp., 9.750%, 11/15/14, Callable 11/15/10 @ 104.88		1,150		1,235
LVB Acquisition, Inc., 10.000%, 10/15/17, Callable 10/15/12 @ 105(c)		120		126
Nielsen Finance LLC, 10.000%, 08/01/14, Callable 08/01/10 @ 105		420		418
NSG Holdings LLC, 7.750%, 12/15/25(c)		450		436
Snoqualmie Enterprise Authority, 9.125%, 02/01/15, Callable 02/01/11 @ 104.56(c)		40		34

				4,348

Diversified Minerals (0.6%)
CII Carbon LLC, 11.125%, 11/15/15, Callable 11/15/11 @ 105.56(c)		125		111
FMG Finance Property Ltd., 10.625%, 09/01/16(c)		350		394

				505

Diversified Operations (0.6%)
Freeport-McMoRan Copper & Gold, Inc., 8.394%, 04/01/15, Callable 04/01/09 @ 102(a)		255		250
SPX Corp., 7.625%, 12/15/14(c)		260		268

				518

Electric (4.5%)
AES Corp. (The), 7.750%, 10/15/15		115		116
AES Corp. (The), 8.000%, 10/15/17		435		440
Aquila, Inc., 12.073%, 07/01/12		705		869
Energy Future Holdings, 10.875%, 11/01/17, Callable 11/01/12 @ 105.44(c)		370		374
InterGen NV, 9.000%, 06/30/17, Callable 06/30/12 @ 104.50(c)		200		209

See Notes to Financial Statements.

124

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Strategic Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Electric—continued

Mirant North America LLC, 7.375%, 12/31/13, Callable 12/31/09 @ 103.69		365		369
Reliant Energy, Inc., 6.750%, 12/15/14, Callable 12/15/09 @ 103.38		870		885
Texas Competitive Electric Holdings LLC, 10.250%, 11/01/15, Callable 11/01/11 @ 105.13(c)		625		623
Texas Competitive Electric Holdings LLC, 10.250%, 11/01/15, Callable 11/01/11 @ 105.13(c)		105		104

				3,989

Entertainment (4.3%)
Mashantucket Pequot Tribe, 8.500%, 11/15/15, Callable 11/15/11 @ 104.25(c)		185		163
Ontario Province, 4.950%, 11/28/16		3,275		3,505
Pokagon Gaming Authority, 10.375%, 06/15/14, Callable 06/15/10 @ 105.19(c)		83		88
Shingle Springs Tribal Gaming Authority, 9.375%, 06/15/15, Callable 06/15/11 @ 104.69(c)		100		88

				3,844

Food (0.2%)
Smithfield Foods, Inc., 7.750%, 07/01/17		220		214

Forest Products & Paper (1.5%)
Abitibi-Consolidated, Inc., 13.750%, 04/01/11(c)		845		864
New Page Holding Corp., 10.000%, 05/01/12, Callable 05/01/09 @ 106(c)		45		46
New Page Holding Corp., 11.818%, 11/01/13, Callable 02/04/08 @ 102(a)		350		294
Rock-Tenn Co., 9.250%, 03/15/16, Callable 03/15/12 @ 104.63(c)		90		93

				1,297

Health Care (3.5%)
Boston Scientific Corp., 6.000%, 06/15/11		160		156
Community Health Systems, Inc., 8.875%, 07/15/15, Callable 07/15/11 @ 104.44		380		382
HCA, Inc., 9.125%, 11/15/14, Callable 11/15/10 @ 104.56		45		46
HCA, Inc., 9.625%, 11/15/16, Callable 11/15/11 @ 104.81		965		1,001
Psychiatric Solutions, Inc., 7.750%, 07/15/15, Callable 07/15/10 @ 103.88		160		159
Tenet Healthcare Corp., 9.875%, 07/01/14		500		484
Universal Hospital Services, Inc., 8.288%, 06/01/15, Callable 06/01/09 @ 102(a)		870		774
Universal Hospital Services, Inc. (PIK), 8.500%, 06/01/15, Callable 06/01/11 @ 104.25		125		125

				3,127

Insurance (0.2%)
Crum & Forster Holdings Corp., 7.750%, 05/01/17, Callable 05/01/12 @ 103.88		210		199

See Notes to Financial Statements.

125

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Strategic Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Machinery Diversified (1.4%)
Chart Industries, Inc., 9.125%, 10/15/15, Callable 10/15/10 @ 104.56		1,250		1,225

Materials (0.2%)
Steel Dynamics, Inc., 7.750%, 04/15/16, Callable 04/15/12 @ 103.88(c)		190		190

Media (2.2%)
Clear Channel Communications, Inc., 7.650%, 09/15/10		100		106
EchoStar DBS Corp., 7.125%, 02/01/16		395		368
Kabel Deutschland GmbH, 10.625%, 07/01/14, Callable 07/01/09 @ 105.31		725		711
Mediacom Broadband LLC, 8.500%, 10/15/15, Callable 10/15/10 @ 104.25		495		416
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		195		178
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		210		192

				1,971

Miscellaneous Manufacturer (0.2%)
Koppers, Inc., 9.875%, 10/15/13, Callable 10/15/08 @ 104.94		181		190

Oil & Gas (3.2%)
Cie Generale De Geophysique, 7.500%, 05/15/15, Callable 05/15/10 @ 103.75		50		51
Cie Generale De Geophysique, 7.750%, 05/15/17, Callable 05/15/12 @ 103.88		75		76
Connacher Oil & Gas, 10.250%, 12/15/15, Callable 12/15/11 @ 105.13(c)		870		877
Forest Oil Corp., 7.250%, 06/15/19, Callable 06/15/12 @ 103.63		80		81
Mariner Energy, Inc., 8.000%, 05/15/17, Callable 05/15/12 @ 104		115		110
OPTI Canada, Inc., 7.875%, 12/15/14, Callable 12/15/10 @ 104.13		530		518
Southwestern Energy Co., 7.500%, 02/01/18(c)		140		145
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25		1,005		995

				2,853

Pipelines (1.0%)
Copano Energy LLC, 8.125%, 03/01/16, Callable 03/01/11 @ 104.06		125		129
Targa Resources, Inc., 8.500%, 11/01/13, Callable 11/01/09 @ 104.25		820		755

				884

See Notes to Financial Statements.

126

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Strategic Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Real Estate (0.5%)
American Real Estate Partners LP, 8.125%, 06/01/12, Callable 06/01/08 @ 104.06		35		34
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56		415		377

				411

Semiconductors (0.1%)
Amkor Technologies, Inc., 9.250%, 06/01/16, Callable 06/01/11 @ 104.63		40		39

Telecommunication Services (2.7%)
Alltel Communications, 10.375%, 12/01/17, Callable 12/01/12 @ 105.19(c)		445		383
FairPoint Communications, Inc., 13.125%, 04/01/18, Callable 04/01/13 @ 106.56(c)		155		149
Intelsat Subsidiary Holding Co. Ltd., 8.250%, 01/15/13, Callable 01/15/09 @ 104.13		190		191
Nordic Telephone Co. Holdings, 8.875%, 05/01/16, Callable 05/01/11 @ 104.44(c)		225		218
PanAmSat Corp., 9.000%, 06/15/16, Callable 06/15/11 @ 104.50		550		554
Rural Cellular Corp., 8.250%, 03/15/12, Callable 04/07/08 @ 104.12		155		159
Telcordia Technologies, Inc., 8.008%, 07/15/12, Callable 07/15/08 @ 102(a)(c)		760		578
Wind Acquisition Finance SA, 10.750%, 12/01/15, Callable 12/01/10 @ 105.38(c)		75		76
Windstream Regatta Holdings, 11.000%, 12/01/17, Callable 12/01/12 @ 105.50(c)		120		73

				2,381

Transportation (0.4%)
Bristow Group, Inc., 7.500%, 09/15/17, Callable 09/15/12 @ 103.75		335		337

Total Corporate Bonds				32,464

Foreign Government Bonds (11.9%)
Argentina (0.4%)
Republic of Argentina, 8.280%, 12/31/33		397		326

Brazil (0.8%)
Republic of Brazil, 6.000%, 01/17/17		300		306
Republic of Brazil, 7.125%, 01/20/37		380		410

				716

Colombia (0.1%)
Republic of Colombia, 7.375%, 09/18/37		115		123

United Kingdom (10.6%)
United Kingdom, 2.250%, 07/08/08(c)		9,370		9,381

Total Foreign Government Bonds				10,546

Preferred Stock (1.1%)
Financials (1.1%)
Credit Suisse, 7.900%, Callable 03/28/13 @ 25		40		999

Total Preferred Stock				999

U.S. Treasury Obligations (30.8%)
U.S. Treasury Bond (5.3%)
4.750%, 02/15/37		4,390		4,722

U.S. Treasury Notes (25.5%)
3.125%, 10/15/08		500		505
4.500%, 05/15/10(d)		2,590		2,748

See Notes to Financial Statements.

127

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Strategic Income Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
U.S. Treasury Notes—continued

3.375%, 11/30/12(d)		7,000		7,292
4.750%, 08/15/17		10,870		12,026

				22,571

Total U.S. Treasury Obligations				27,293

Mutual Fund (0.5%)
RidgeWorth Limited Duration Fund(e)		43,166		426

Total Mutual Fund				426

Short-Term Investments (14.5%)
Brown Brothers Harriman & Co., Cayman Islands Cash Sweep		6,364		6,364
Credit Suisse Enhanced Liquidity Fund(f)		6,500,070		6,500

Total Short-Term Investments				12,864

Total Investments (Cost $94,794)(g) — 107.7%				95,369
Liabilities in excess of other assets — (7.7)%				(6,785	)

Net Assets — 100.0%			$	88,584


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of March 31, 2008 are identified below (in thousands):

Issue

Acquisition

Cost

Shares

Value

Percent of

Description

Date

($)

Net Assets(%)

Commercial Industrial Finance Corp

07/20/07

199

280

165

0.19

Muir Grove CLO Ltd.

09/25/07

498

500

406

0.46


(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 24.5% of net assets as of March 31, 2008.

(d)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $6,289.

(e)		Affiliate investment.

(f)		This security was purchased with cash collateral held from securities lending.

(g)		Represents cost for financial reporting purposes.

PIK		— Payment in-kind

Credit Default Swap Agreements


		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)

Abitibi Consolidated, Inc.	JP Morgan		500			4.50		06/20/09		(100	)
Republic of Brazil	Citigroup		445			2.10		03/20/13		8
Brunswick Corp.	Bank of America		(425	)		2.08		03/20/13		17
Colombian Government	Merrill Lynch		455			1.68		01/20/13		(8	)
J.C. Penney Corp., Inc.	Deutsche		(425	)		2.30		03/20/13		7
Russian Federation	Merrill Lynch		435			1.46		03/20/13		—

										(76	)

Interest Rate Swaps

(Pay)/Receive

Notional

Floating

Fixed

Expiration

Underlying Instrument

Counterparty

Amount($)

Rate

Rate(%)

Date

Value($)

Fixed 5 Yr UF

Barclays Bank PLC

587

Receive

6.42

01/25/13

(24

)

Fixed 26X1 TIIE

Citibank N.A.

2,509

Receive

7.55

03/02/10

Fixed 2 Yr New Zealand

UBS AG

1,166

Receive

8.39

03/06/10

Fixed 2 Yr New Zealand

UBS AG

1,203

Receive

8.55

02/26/10

(15

)

At March 31, 2008, liquid assets totaling $32,130, in thousands, have been designated as collateral for open swap agreements.

See Notes to Financial Statements.

128

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Strategic Income Fund — concluded

At March 31, 2008, the Fund’s foreign currency contracts were as follows:


			Contract
			Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)

Short:
Australian Dollar		4/29/08		662		579		602		(23	)
Australian Dollar		5/28/08		1,220		1,118		1,106		12
Australian Dollar		5/28/08		1,249		1,158		1,132		26
Australian Dollar		6/3/08		1,221		1,131		1,105		26
Australian Dollar		6/17/08		1,465		1,330		1,325		5
Brazilian Real		4/25/08		1,050		593		596		(3	)
Brazilian Real		6/13/08		1,952		1,144		1,097		47
Brazilian Real		6/17/08		1,178		671		661		10
British Pound		4/24/08		3,810		7,400		7,549		(149	)
British Pound		4/29/08		586		1,155		1,161		(6	)
British Pound		6/3/08		578		1,145		1,142		3
British Pound		6/4/08		289		570		571		(1	)
British Pound		6/27/08		3,573		7,085		7,042		43
Canadian Dollar		4/23/08		7,660		7,400		7,462		(62	)
Chilean Peso		4/23/08		274,563		577		628		(51	)
Chinese Yuan		7/21/08		4,048		562		599		(37	)
Chinese Yuan		7/21/08		16,105		2,234		2,381		(147	)
Euro		4/11/08		396		572		624		(52	)
Euro		5/19/08		4,868		7,085		7,669		(584	)
Euro		6/3/08		376		575		592		(17	)
Euro		6/3/08		754		1,170		1,188		(18	)
Japanese Yen		4/16/08		61,546		575		618		(43	)
Japanese Yen		4/16/08		796,422		7,440		7,999		(559	)
New Romanian Leu		4/11/08		1,464		580		619		(39	)
New Romanian Leu		5/15/08		2,917		1,145		1,224		(79	)
New Zealand Dollar		5/22/08		1,452		1,135		1,132		3
Norwegian Krone		6/4/08		2,991		576		584		(8	)
Norwegian Krone		6/4/08		2,968		576		580		(4	)
Norwegian Krone		6/18/08		5,846		1,124		1,141		(17	)
Peruvian Nuevo Sol		4/23/08		2,118		767		774		(7	)
South African Rand		5/8/08		4,502		575		551		24
South African Rand		6/3/08		8,845		1,145		1,076		69
Turkish Lira		4/7/08		696		580		521		59
Turkish Lira		5/13/08		1,432		1,145		1,058		87
Turkish Lira		5/27/08		701		570		515		55
Turkish Lira		6/4/08		1,436		1,140		1,052		88

Total Short Contracts					$	64,327	$	65,676	($	1,349	)

Long:
Australian Dollar		4/29/08		662		575		603		28
Australian Dollar		5/28/08		1,242		1,140		1,126		(14	)
Australian Dollar		5/28/08		1,227		1,145		1,113		(32	)
Australian Dollar		6/3/08		1,221		1,145		1,106		(39	)
Australian Dollar		6/17/08		1,224		1,140		1,107		(33	)
Australian Dollar		6/17/08		1,223		1,135		1,106		(29	)
Brazilian Real		4/25/08		1,050		575		596		21
Brazilian Real		6/13/08		976		570		549		(21	)
Brazilian Real		6/13/08		975		570		549		(21	)
Brazilian Real		6/17/08		1,962		1,140		1,103		(37	)
British Pound		4/29/08		586		1,144		1,161		17
British Pound		6/3/08		578		1,160		1,142		(18	)
British Pound		6/4/08		289		579		571		(8	)
Chilean Peso		4/23/08		274,563		575		628		53
Chinese Yuan		7/21/08		6,072		840		898		58
Chinese Yuan		7/21/08		4,048		560		599		39
Chinese Yuan		7/21/08		10,032		1,400		1,482		82
Euro		4/11/08		396		580		624		44
Euro		6/3/08		754		1,145		1,188		43
Euro		6/3/08		376		570		592		22
Euro		5/19/08		4,868		7,571		7,668		97
Japanese Yen		4/16/08		61,546		581		618		37
Japanese Yen		4/16/08		796,422		7,507		7,997		490
New Romanian Leu		4/11/08		1,464		562		619		57
New Romanian Leu		5/15/08		2,917		1,206		1,224		18
New Zealand Dollar		5/22/08		726		585		566		(19	)
New Zealand Dollar		5/22/08		726		576		566		(10	)
Norwegian Krone		6/4/08		2,991		570		584		14
Norwegian Krone		6/4/08		2,968		570		580		10
Norwegian Krone		6/18/08		5,846		1,140		1,141		1
Peruvian Nuevo Sol		4/23/08		1,680		575		614		39
Peruvian Nuevo Sol		4/23/08		1,667		575		609		34
South African Rand		5/8/08		4,502		565		551		(14	)
South African Rand		6/3/08		8,845		1,151		1,076		(75	)
Turkish Lira		4/7/08		696		579		521		(58	)
Turkish Lira		5/13/08		1,432		1,161		1,058		(103	)
Turkish Lira		5/27/08		701		561		516		(45	)
Turkish Lira		6/4/08		1,436		1,150		1,053		(97	)

Total Long Contracts					$	44,873	$	45,404	$	531

See Notes to Financial Statements.

129

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Total Return Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (4.4%)
Automobile ABS (1.8%)
Daimler Chrysler Auto Trust, Ser 2007-A, Cl A4, 5.280%, 03/08/13		1,722		1,765
Ford Credit Auto Owner Trust, Ser 2007-B, Cl A4A, 5.240%, 07/15/12(a)		1,316		1,347
Honda Auto Receivables Owner Trust, Ser 2006-3, Cl A4, 5.014%, 04/15/12		1,985		2,032
Hyundai Auto Receivables Trust, Ser 2007-A, Cl A4, 5.210%, 03/17/14		909		920
Nissan Auto Receivables Owner Trust, Ser 2008-A, Cl A4, 4.280%, 06/16/14		2,687		2,694
USAA Auto Owner Trust, Ser 2008-1, Cl A3, 4.160%, 04/16/12		2,213		2,231

				10,989

Collateralized Loan Obligations ABS (0.5%)
Commercial Industrial Finance Corp., Ser 2006-1BA, Cl B2L, 6.599%, 12/22/20(a)(b)		1,560		922
Marathon CLO Ltd., Ser 2005-2A, Cl D, 7.242%, 12/20/19(a)(b)		840		588
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		2,300		1,865

				3,375

Home Equity ABS (0.6%)
Aames Mortgage Investment Trust, Ser 2004-1, Cl M3, 3.634%, 01/25/35(a)		657		612
Chase Funding Mortgage Loan Asset-Backed, Ser 2002-2, Cl 1A6, 5.214%, 08/25/13		215		219
Citifinancial Mortgage Securities, Inc., Ser 2003-1, Cl AF5, 4.282%, 01/25/33(a)		1,128		1,113
Delta Funding Home Equity Loan Trust, Ser 1999-3, Cl A1F, 7.962%, 09/15/29(a)		4		4
Lehman XS Trust, Ser 2007-6, Cl 3A5, 5.720%, 05/25/37(a)		1,930		1,708
Soundview Home Equity Loan Trust, Ser 2001-1, Cl A, 6.765%, 04/15/31(a)		3		3

				3,659

Utility ABS (1.5%)
CNH Equipment Trust, Ser 2007-C, Cl A3A, 5.210%, 12/15/11		2,809		2,854
MP Environmental Funding LLC, Ser 2007-A, Cl A1, 4.982%, 07/15/16		2,000		2,068
PSE&G Transition Funding LLC, Ser 2001-1, Cl A8, 6.890%, 12/15/17		3,337		3,700
TXU Electric Delivery Transition Bond Co., Ser 2004-1, Cl A3, 5.290%, 05/15/18		1,007		1,033

				9,655

Total Asset-Backed Securities				27,678

Collateralized Mortgage Obligations (22.8%)
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42		2,625		2,592
Banc of America Commercial Mortgage, Inc., Ser 2005-6 Cl A4, 5.181%, 09/10/47(a)		3,500		3,482
Banc of America Commercial Mortgage, Inc., Ser 2006-2, Cl A4, 5.740%, 05/10/45(a)		2,724		2,752

See Notes to Financial Statements.

130

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

Banc of America Commercial Mortgage, Inc., Ser 2006-4, Cl A4, 5.634%, 07/10/46		2,130		2,122
Banc of America Mortgage Securities, Ser 2003-5, Cl 2A1, 5.000%, 07/25/18		1,822		1,812
Bear Stearns ALT-A Trust, Ser 2006-6, Cl 2A1, 5.929%, 11/25/36(a)		3,404		2,401
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2001-TOP2, Cl A2, 6.480%, 02/15/35		4,516		4,625
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2005-PW10, Cl A4, 5.405%, 12/11/40(a)		4,253		4,270
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2006-PW13, Cl A4, 5.540%, 09/11/41		1,725		1,709
Chase Commercial Mortgage Securities Corp., Ser 2000-3, Cl A2, 7.319%, 10/15/32		1,616		1,673
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2005-CD1, Cl A4, 5.225%, 07/15/44(a)		1,910		1,907
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2006-CD2, Cl A4, 5.362%, 01/15/46(a)		975		962
Commercial Mortgage Pass-Through Certificates, Ser 2005-C6, Cl A5A, 5.116%, 06/10/44(a)		2,911		2,878
Countrywide Alternative Loan Trust, Ser 2006-HY12, Cl A5, 6.174%, 08/25/36(a)		3,658		2,721
Countrywide Home Loans, Ser 2004-J1, Cl 1A1, 4.500%, 01/25/19		1,427		1,341
CS First Boston Mortgage Securities Corp., Ser 2001-CF2, Cl A4, 6.505%, 02/15/34(a)		1,265		1,305
Fannie Mae, Ser 2005-20, Cl PC, 5.000%, 07/25/24		1,577		1,594
Fannie Mae, Ser 2007-77, Cl TB, 5.500%, 07/25/31		5,513		5,638
Fannie Mae, Ser 2007-77, Cl TD, 5.500%, 01/25/36		338		329
Fannie Mae, Ser 2007-79, Cl TD, 5.000%, 01/25/34		1,865		1,769
Freddie Mac, Ser 2927, Cl OL, 5.000%, 09/15/24		2,642		2,673
Freddie Mac, Ser 3134, Cl PA, 5.000%, 09/15/18		1,192		1,212
Freddie Mac, Ser 3347, Cl AK, 5.000%, 07/15/37		4,674		4,779
Freddie Mac, Ser 3349, Cl HE, 5.500%, 07/15/36		3,500		3,526
Freddie Mac. Ser 2966, Cl NW, 5.069%, 08/15/25		1,873		1,901
GE Capital Commercial Mortgage Corp., Ser 2006-C1, Cl A4, 5.340%, 03/10/44(a)		2,970		2,937
Ginnie Mae, Ser 2007-27, Cl NV, 5.500%, 04/20/36		2,130		2,148
Ginnie Mae, Ser 2007-41, Cl PB, 5.500%, 09/20/36		2,337		2,326
GMAC Commercial Mortgage Securities, Inc., Ser 2001-C1, Cl A2, 6.465%, 04/15/34		1,672		1,711
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 5.911%, 07/10/38(a)		3,949		4,031
GS Mortgage Securities Corp. II, Ser 2006-GG6, Cl A2, 5.506%, 04/10/38(a)		3,941		3,920

See Notes to Financial Statements.

131

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

GS Mortgage Securities Corp. II, Ser 2006-GG8, Cl A4, 5.560%, 11/10/39(a)		1,500		1,486
GSR Mortgage Loan Trust, Ser 2005-5F, Cl 2A2, 5.500%, 06/25/35		6,628		6,045
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP4, Cl A4, 4.918%, 10/15/42(a)		1,207		1,178
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP5, Cl A4, 5.179%, 12/15/44(a)		3,368		3,358
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB15, Cl A4, 5.814%, 06/12/43(a)		2,415		2,438
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB16, Cl A4, 5.552%, 05/12/45		2,360		2,336
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-LDP6, Cl A4, 5.475%, 04/15/43(a)		1,565		1,548
JPMorgan Commercial Mortgage Finance Co., Ser 2000-C10, Cl A2, 7.371%, 08/15/32		2,950		3,040
LB-UBS Commercial Mortgage Trust, Ser 2000-C5, Cl A2, 6.510%, 12/15/26		1,936		1,986
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A4, 5.197%, 11/15/30(a)		3,070		3,053
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4, 5.228%, 02/15/31		2,050		1,996
LB-UBS Commercial Mortgage Trust, Ser 2006-C3, Cl A4, 5.661%, 03/15/39(a)		2,187		2,193
Merrill Lynch/Countrywide Commercial Mortgage Trust, Ser 2006-1, Cl A4, 5.427%, 02/12/39(a)		2,981		2,959
Morgan Stanley Dean Witter Capital I, Ser 2006-HQ10, Cl A4, 5.328%, 11/12/41(a)		3,425		3,339
Morgan Stanley Dean Witter Capital I, Ser 2001-TOP1, Cl A4, 6.660%, 02/15/33		2,980		3,079
PHH Alternative Mortgage Trust, Ser 2007-2, Cl 3A1, 6.000%, 05/25/37		3,818		3,404
Residential Accredit Loans, Inc., Ser 2002-QS18, Cl A1, 5.500%, 12/25/17		6,288		6,229
Sequoia Mortgage Trust, Ser 2007-4, Cl 2A1, 5.509%, 11/20/17(a)		3,638		3,490
Specialty Underwriting & Residential Finance, Ser 2004-AA1, Cl 1A1, 5.000%, 10/25/34		540		520
TBW Mortgage Backed Pass Through Certificates, Ser 2007-2, Cl A6A, 6.015%, 06/25/37(a)		1,550		1,276
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl A4, 5.210%, 10/15/44(a)		4,392		4,410
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S5, Cl 2A, 5.000%, 06/25/18(a)		1,469		1,469

See Notes to Financial Statements.

132

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S7, Cl A1, 4.500%, 08/25/18		2,514		2,437
Washington Mutual Mortgage Pass-Through Certificates, Ser 2006-AR6, Cl 2A3, 5.956%, 08/25/36(a)		1,899		1,505

Total Collateralized Mortgage Obligations				143,820

Corporate Bonds (23.8%)
Aerospace/Defense (0.6%)
Boeing Co. (The), 5.125%, 02/15/13		1,275		1,337
Lockheed Martin Corp., 4.121%, 03/14/13		996		997
United Technologies Corp., 4.875%, 05/01/15		1,496		1,522

				3,856

Airlines (0.3%)
Delta Air Lines, Inc., Cl A, 6.821%, 08/10/22(c)		1,900		1,832

Auto Manufacturers (0.2%)
DaimlerChrysler NA Holding Corp., 8.500%, 01/18/31		1,143		1,307

Banks (1.9%)
Bank of America Corp., 7.400%, 01/15/11		3,244		3,474
Bank of America Corp., 5.375%, 09/11/12		1,300		1,352
Bank of New York Mellon, Ser G, 4.950%, 11/01/12		1,562		1,600
Bank of New York Mellon, Ser G, MTN, 4.500%, 04/01/13		697		702
Wachovia Corp., 5.300%, 10/15/11		1,755		1,772
Wachovia Corp., Ser G, 5.750%, 02/01/18		727		712
Wells Fargo & Co., 4.375%, 01/31/13		2,265		2,254

				11,866

Beverages (1.0%)
Anheuser-Busch Cos., Inc., 6.450%, 09/01/37		1,640		1,770
Coca-Cola Co., 5.350%, 11/15/17		1,986		2,072
Diageo Capital PLC, 5.200%, 01/30/13		803		831
SABMiller PLC, 6.200%, 07/01/11(c)		1,859		1,976

				6,649

Building Materials (0.3%)
Lafarge SA, 6.150%, 07/15/11		913		932
Martin Marietta Materials, Inc., 6.250%, 05/01/37		800		704

				1,636

Chemicals (0.2%)
Potash Corp. of Saskatchewan, Inc., 5.875%, 12/01/36		1,233		1,136

Commercial Services (0.6%)
Caterpillar Financial Services Corp., Ser F, 5.850%, 09/01/17		622		644
ERAC USA Finance Co., 5.800%, 10/15/12(c)		1,281		1,221
ERAC USA Finance Co., 5.600%, 05/01/15(c)		1,017		907
Xerox Corp., 5.500%, 05/15/12		818		825

				3,597

Computers (0.3%)
Dell, Inc., 7.100%, 04/15/28		400		420
Hewlett-Packard Co., 4.500%, 03/01/13		691		701
IBM Corp., 5.700%, 09/14/17		787		824
IBM Corp., 5.875%, 11/29/32		315		310

				2,255

Consumer Staples (0.2%)
Kellogg Co., 4.250%, 03/06/13		1,041		1,038

See Notes to Financial Statements.

133

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services (6.0%)
ABX Financing Co., 6.350%, 10/15/36(c)		875		844
AEP Texas Central Transition Funding, Ser A-3, 5.090%, 07/01/15		1,710		1,748
American Express Co., 6.150%, 08/28/17(d)		1,200		1,195
Citigroup, Inc., 5.125%, 05/05/14(d)		1,060		1,036
Citigroup, Inc., 6.000%, 08/15/17		617		608
Citigroup, Inc., 5.850%, 12/11/34		711		618
Citigroup, Inc., 6.875%, 03/05/38		403		403
Credit Suisse (USA), Inc., 6.125%, 11/15/11		1,037		1,096
Credit Suisse (USA), Inc., 6.500%, 01/15/12		668		710
Fund American Cos., Inc., 5.875%, 05/15/13		2,090		2,179
General Electric Capital Corp., Ser A, 5.450%, 01/15/13		1,158		1,213
Goldman Sachs Group, Inc. (The), 4.750%, 07/15/13		1,986		1,931
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18		1,551		1,536
HSBC Finance Corp., 6.375%, 01/01/49		1,114		1,128
HSBC Holdings PLC, 7.625%, 05/17/32		649		690
International Lease Finance Corp., Ser Q, 5.250%, 01/10/13		730		715
International Lease Finance Corp., Ser R, 5.625%, 09/15/10		1,289		1,299
International Lease Finance Corp., Ser R, 5.625%, 09/20/13		400		392
Janus Capital Group, Inc., 5.875%, 09/15/11		692		701
Jefferies Group, Inc., 6.450%, 06/08/27		1,058		850
JPMorgan Chase & Co., 6.625%, 03/15/12		2,678		2,847
JPMorgan Chase & Co., 5.375%, 10/01/12		1,338		1,389
Lazard Group LLC, 7.125%, 05/15/15		2,084		2,027
Lehman Brothers Holdings, Inc., MTN, 5.625%, 01/24/13		2,012		1,956
Merrill Lynch & Co., Inc., 5.770%, 07/25/11		1,868		1,892
Merrill Lynch & Co., Inc., Ser C, MTN, 6.050%, 08/15/12		910		924
Morgan Stanley, 5.300%, 03/01/13		2,670		2,662
Northern Trust Co., 5.200%, 11/09/12		1,818		1,917
TIAA Global Markets, 5.125%, 10/10/12(c)		1,572		1,626

				38,132

Electric (1.9%)
CenterPoint Energy, Inc., Ser A-4, 5.170%, 08/01/19		3,000		3,007
Enel Finance International, 6.800%, 09/15/37(c)		1,413		1,425
Exelon Generation Co. LLC, 6.200%, 10/01/17		1,381		1,368
MidAmerican Energy Holdings Co., 6.125%, 04/01/36		1,223		1,182
Nevada Power Co., Ser L, 5.875%, 01/15/15		410		402
Nevada Power Co., Ser R, 6.750%, 07/01/37		875		839
Oncor Electric Delivery Co., 7.000%, 05/01/32		763		718
Pacific Gas & Electric Co., 6.050%, 03/01/34		1,411		1,383
Public Service Colorado, Ser 17, 6.250%, 09/01/37		776		808
Wisconsin Power & Light Co., 6.375%, 08/15/37		794		815

				11,947

See Notes to Financial Statements.

134

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Insurance (0.5%)
American International Group, Ser G, 5.600%, 10/18/16		2,215		2,172
Metlife, Inc., 5.700%, 06/15/35		405		360
Travelers Cos., Inc. (The), 5.375%, 06/15/12		851		883

				3,415

Machinery Diversified (0.0%)
Caterpillar, Inc., 6.050%, 08/15/36		230		235

Media (0.8%)
News America Holdings, Inc., 6.200%, 12/15/34		725		690
Time Warner Cable, Inc., 5.850%, 05/01/17		3,223		3,085
Time Warner, Inc., 6.500%, 11/15/36		766		703
Viacom, Inc., 6.125%, 10/05/17		323		315

				4,793

Miscellaneous Manufacturer (1.3%)
Clorox Co., 5.450%, 10/15/12		599		617
General Electric Co., 5.000%, 02/01/13		3,361		3,481
General Electric Co., 5.250%, 12/06/17		950		949
Kimberly-Clark Corp., 6.125%, 08/01/17		2,135		2,307
Siemens Financierings NV, 6.125%, 08/17/26(c)		889		868

				8,222

Oil & Gas (1.5%)
Air Products & Chemicals, Inc., 4.150%, 02/01/13		834		835
Apache Corp., 6.000%, 01/15/37		734		741
ConocoPhillips, 5.900%, 10/15/32(d)		546		558
Enterprise Products Operating LP, Ser B, 5.750%, 03/01/35(d)		889		769
Praxair, Inc., 4.625%, 03/30/15		2,165		2,188
Transocean, Inc., 6.000%, 03/15/18		512		527
Transocean, Inc., 6.800%, 03/15/38		1,169		1,194
Weatherford International, Inc., 6.500%, 08/01/36		880		838
Western Oil Sands, Inc., 8.375%, 05/01/12		1,460		1,640

				9,290

Pharmaceuticals (1.9%)
Abbott Laboratories, 5.600%, 11/30/17		2,527		2,644
AstraZeneca PLC, 6.450%, 09/15/37		2,413		2,589
Covidien International Finance SA, 6.000%, 10/15/17(c)		1,496		1,542
Johnson & Johnson, 5.550%, 08/15/17		2,164		2,336
Merck & Co., Inc., 5.125%, 11/15/11		880		931
Schering-Plough Corp., 6.550%, 09/15/37		1,126		1,084
Teva Pharmaceutical Finance LLC, 6.150%, 02/01/36		635		619

				11,745

Pipelines (1.2%)
CenterPoint Energy Resources Corp., Ser B, 7.875%, 04/01/13		1,468		1,631
Colonial Pipeline Co., 6.375%, 08/01/37(c)		1,785		1,760
El Paso Natural Gas, 5.950%, 04/15/17		503		493
Energy Transfer Partners, 7.500%, 07/01/38		1,521		1,525
Southern Natural Gas Co., 5.900%, 04/01/17(c)(d)		419		409
Trans-Canada Pipelines, 6.200%, 10/15/37		1,542		1,487

				7,305

See Notes to Financial Statements.

135

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Retail (1.1%)
J.C. Penney Corp., Inc., 5.750%, 02/15/18		254		235
Tesco PLC, 5.500%, 11/15/17(c)		1,847		1,884
Wal-Mart Stores, Inc., 5.250%, 09/01/35		452		400
Wal-Mart Stores, Inc., 6.500%, 08/15/37		4,536		4,763

				7,282

Software (0.1%)
Intuit, Inc., 5.750%, 03/15/17		334		323

Telecommunication Services (1.7%)
AT&T, Inc., 4.950%, 01/15/13		1,481		1,486
AT&T, Inc., 5.100%, 09/15/14		1,567		1,557
AT&T, Inc., 6.450%, 06/15/34		781		763
Cisco Systems, Inc., 5.500%, 02/22/16		1,797		1,859
Comcast Corp., 6.450%, 03/15/37		776		731
Rogers Wireless, Inc., 7.500%, 03/15/15		850		893
Verizon Communications, Inc., 5.550%, 02/15/16		1,356		1,349
Vodafone Group PLC, 5.500%, 06/15/11(d)		2,333		2,373

				11,011

Transportation (0.2%)
United Parcel Service, Inc., 4.500%, 01/15/13		1,550		1,606

Total Corporate Bonds				150,478

Municipal Bonds (3.4%)
California (0.2%)
California State Department Water Resource Power Supply, Ser A, RB, 5.500%, 05/01/16, Prerefunded 05/01/12 @ 101, AMBAC		900		1,001

Domestic (0.3%)
Lincoln Nebraska Electricity System, RB, 5.250%, 09/01/17, Prerefunded 09/01/11 @ 100		1,840		1,999

Illinois (0.2%)
Chicago Illinois Board of Education, Ser C, GO, 5.000%, 12/01/31, Prerefunded 12/01/11 @ 100, FSA		1,140		1,235

Indiana (0.5%)
Indianapolis Local Public Improvement Bond Bank, Waterworks Project, Ser A, RB, 5.250%, 07/01/33, Prerefunded 07/01/12 @ 100, MBIA		3,115		3,408

New York (0.4%)
Metropolitan Transportation Authority, Ser B, RB, 5.250%, 11/15/32, Prerefunded 11/15/13 @ 100		2,235		2,497

Ohio (0.4%)
Cincinnati Ohio City School District, Classroom Facilities Construction & Improvement, GO, 5.000%, 12/01/31, Prerefunded 12/01/13 @100, FSA		2,135		2,351

Pennsylvania (0.2%)
Pennsylvania State Turnpike Commission, Registration Fee, RB, 5.125%, 07/15/23, Prerefunded 07/15/11 @ 101, AMBAC		965		1,048

See Notes to Financial Statements.

136

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Texas (0.8%)
San Antonio Independent School District Building, Ser A, GO, 5.000%, 08/15/31, Prerefunded 08/15/11 @ 100, PSF-GTD		2,790		3,002
University of Texas Permanent University Fund, Ser B, RB, 4.750%, 07/01/30, Prerefunded 07/01/14 @ 100		2,140		2,332

				5,334

Washington (0.4%)
Clark County Washington School District No. 37, Vancouver, Ser B, GO, 5.750%, 12/01/15, Prerefunded 12/01/11 @ 100, SBG		1,180		1,307
Tacoma Washington Electric Systems, Ser A, RB, 5.750%, 01/01/18, Prerefunded 01/01/11 @ 101, FSA		1,055		1,155

				2,462

Total Municipal Bonds				21,335

U.S. Government Agency Mortgages (33.3%)
Fannie Mae (19.8%)
5.500%, 07/01/19		60		62
5.500%, 09/01/19		2,509		2,573
5.500%, 12/01/19		132		135
5.000%, 04/15/20		19,042		19,220
4.500%, 12/01/20		9,389		9,346
5.000%, 01/01/22		8,988		9,088
5.000%, 04/01/23		21,359		21,610
6.500%, 07/01/32		278		290
5.500%, 01/01/33		12,860		12,994
5.500%, 06/01/33		1,995		2,016
5.500%, 07/01/33		338		341
5.500%, 10/01/33		3,902		3,943
4.500%, 03/01/34		7,804		7,529
5.500%, 09/01/34		13,368		13,529
6.000%, 10/01/35		2,658		2,725
6.000%, 12/01/35		613		629
6.000%, 01/01/36		0		0
5.448%, 04/01/36(a)		2,090		2,137
5.397%, 06/25/36		2,567		2,652
5.623%, 12/01/36(a)		5,356		5,447
5.439%, 01/01/37		4,899		4,976
5.614%, 01/01/37(a)		4,007		4,070

				125,312

Freddie Mac (11.6%)
5.500%, 12/01/18		86		88
4.500%, 06/01/19		583		582
4.500%, 07/01/19		7,867		7,847
4.500%, 02/01/20		948		947
5.500%, 07/01/22		2,808		2,867
5.500%, 11/01/22		3,946		4,028
4.500%, 04/17/23		12,576		12,497
5.500%, 07/15/27		1,619		1,667
5.500%, 11/15/28		2,723		2,814
5.500%, 05/15/29		2,783		2,872
5.500%, 01/15/30		4,334		4,478
6.000%, 07/01/34		1,980		2,037
6.000%, 04/13/35		4,146		4,251
6.000%, 11/01/36		9,184		9,416
6.000%, 11/01/37		12,174		12,495
6.500%, 02/01/38		4,000		4,153

				73,039

Ginnie Mae (1.9%)
6.500%, 04/14/38		11,353		11,800

Total U.S. Government Agency Mortgages				210,151

U.S. Treasury Obligations (9.9%)
U.S. Treasury Bond (0.1%)
4.750%, 02/15/37		846		910

U.S. Treasury Notes (9.8%)
3.125%, 10/15/08		2,000		2,019
4.875%, 04/30/11(d)		10,795		11,761
4.125%, 08/31/12		794		852
3.625%, 12/31/12(d)		37,090		39,081
3.500%, 02/15/18(d)		5,756		5,789
5.000%, 05/15/37(d)		2,035		2,277

				61,779

Total U.S. Treasury Obligations				62,689

Short-Term Investments (8.9%)
Credit Suisse Enhanced Liquidity Fund(e)		56,044,894		56,045

Total Short-Term Investments				56,045

See Notes to Financial Statements.

137

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Money Market Fund (9.6%)
RidgeWorth Institutional Cash Management Money Market Fund(f)		60,294,945		60,295

Total Money Market Fund				60,295

Total Investments (Cost $729,276)(g) — 116.1%				732,491
Liabilities in excess of other assets — (16.1)%				(101,731	)

Net Assets — 100.0%			$	630,760


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of March 31, 2008 are identified below (in thousands):


	Acquisition		Cost		Par		Value		Percentage of
Issue Description	Date		($)		($)		($)		Net Assets(%)


Commercial Industrial Finance Corp.		07/20/07		1,111		1,560		922		0.15
Marathon CLO Ltd.		07/19/07		672		840		588		0.09
Muir Grove CLO Ltd.		09/25/07		2,292		2,300		1,865		0.30


(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 2.6% of net assets as of March 31, 2008.

(d)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $54,487.

(e)		This security was purchased with cash collateral held from securities lending.

(f)		Affiliate investment.

(g)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

MBIA		— Security insured by Municipal Bond Insurance Association

MTN		— Medium Term Note

PSF-GTD		— Permanent School Fund Guarantee Program

RB		— Revenue Bond

SBG		— School Board Guaranty

Amounts designated as “—” are $0 or have been rounded to $0.

Credit Default Swap Agreements


		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)

Aetna, Inc.	Merrill Lynch		(460	)		1.43		06/20/13		(11	)
Brazilian Government	Citibank N.A.		1,250			2.10		03/20/13		24
Brunswick Corp.	Merrill Lynch		(560	)		1.15		03/20/17		62
Carnival Corp.	JPMorgan		(565	)		0.70		09/20/17		29
Centex Corp.	Credit Suisse First Boston		(560	)		2.65		09/20/17		41
Columbian Government	Merrill Lynch		620			1.68		01/20/13		(11	)
Dow Chemical Co.	Barclays Bank PLC		(560	)		0.67		09/20/17		11
Dow Jones CDX Indices; Series 10	Barclays Bank PLC		6,885			1.55		06/20/13		41
Gannett Co., Inc.	Citibank N.A.		(560	)		0.81		06/20/17		55
IStar Financial, Inc.	Citibank N.A.		(560	)		0.70		03/20/17		165
Norfolk Southern Corp.	JPMorgan		(460	)		0.73		06/20/13		(2	)
UBS AG	Morgan Stanley		(460	)		1.80		06/20/13		(9	)
Valero Energy Corp.	Morgan Stanley		(460	)		1.29		06/20/13		(2	)

										393

See Notes to Financial Statements.

138

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Total Return Bond Fund — concluded

Interest Rate Swaps

Notional

(Pay)/Receive

Fixed

Expiration

Underlying Instrument

Counterparty

Amount($)

Floating Rate

Rate(%)

Date

Value($)

Fixed 5 Yr UF

Barclays Bank PLC

1,775

Receive

6.42

01/25/13

(72

)

Fixed 26X1 TIIE

Citibank N.A.

7,406

Receive

7.55

03/02/10

Fixed 2 Yr New Zealand

UBS AG

3,305

Receive

8.39

03/06/10

Fixed 2 Yr New Zealand

UBS AG

3,404

Receive

8.55

02/26/10

(47

)

At March 31, 2008, liquid assets totaling $51,065, in thousands, have been designated as collateral for open swap agreements.

At March 31, 2008, the Fund’s foreign currency contracts were as follows:


			Contract
			Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)

Short:
Australian Dollar		4/29/08		731		640		666		(26	)
Australian Dollar		5/28/08		1,330		1,219		1,206		13
Australian Dollar		5/28/08		1,361		1,262		1,233		29
Australian Dollar		6/3/08		1,327		1,230		1,202		28
Brazilian Real		4/25/08		1,160		655		659		(4	)
Brazilian Real		6/13/08		2,140		1,255		1,204		51
British Pound		4/24/08		4,057		7,915		8,038		(123	)
British Pound		4/29/08		642		1,265		1,272		(7	)
British Pound		6/3/08		629		1,245		1,242		3
British Pound		6/4/08		315		620		621		(1	)
British Pound		6/27/08		3,924		7,780		7,732		48
Canadian Dollar		4/23/08		8,137		7,915		7,927		(12	)
Chilean Peso		4/23/08		303,213		637		693		(56	)
Chinese Yuan		7/21/08		9,289		1,289		1,373		(84	)
Chinese Yuan		7/21/08		13,916		1,930		2,057		(127	)
Euro		4/11/08		423		612		668		(56	)
Euro		5/19/08		5,345		7,780		8,421		(641	)
Euro		6/3/08		416		635		655		(20	)
Euro		6/3/08		820		1,272		1,291		(19	)
Japanese Yen		4/16/08		66,898		625		672		(47	)
Japanese Yen		4/16/08		1,670,988		15,610		16,782		(1,172	)
New Romanian Leu		4/11/08		1,565		620		661		(41	)
New Romanian Leu		5/15/08		3,184		1,250		1,336		(86	)
New Zealand Dollar		5/22/08		1,580		1,235		1,231		4
Norwegian Krone		6/4/08		3,253		627		636		(9	)
Norwegian Krone		6/4/08		3,280		637		641		(4	)
Norwegian Krone		6/18/08		6,359		1,223		1,241		(18	)
South African Rand		5/8/08		4,933		630		604		26
South African Rand		6/3/08		9,618		1,245		1,170		75
Turkish Lira		4/7/08		744		620		557		63
Turkish Lira		5/13/08		1,563		1,250		1,155		95
Turkish Lira		5/27/08		769		625		565		60
Turkish Lira		6/4/08		1,260		1,260		1,163		97

Total Short Contracts					$	74,613	$	76,574	$	(1,961	)

Long:
Australian Dollar		4/29/08		731		635		666		31
Australian Dollar		5/28/08		1,356		1,245		1,230		(15	)
Australian Dollar		5/28/08		1,335		1,245		1,210		(35	)
Australian Dollar		6/3/08		1,327		1,245		1,202		(43	)
Australian Dollar		6/17/08		1,331		1,240		1,204		(36	)
Australian Dollar		6/17/08		1,336		1,240		1,208		(32	)
Brazilian Real		4/25/08		1,160		635		658		23
Brazilian Real		6/13/08		1,071		625		602		(23	)
Brazilian Real		6/13/08		1,069		625		602		(23	)
Brazilian Real		6/17/08		2,134		1,240		1,199		(41	)
British Pound		4/29/08		642		1,253		1,271		18
British Pound		6/3/08		629		1,261		1,242		(19	)
British Pound		6/4/08		315		630		621		(9	)
Chilean Peso		4/23/08		303,213		635		694		59
Chinese Yuan		7/21/08		13,916		1,925		2,058		133
Chinese Yuan		7/21/08		9,289		1,285		1,373		88
Euro		4/11/08		423		620		667		47
Euro		5/19/08		5,345		8,314		8,421		107
Euro		6/3/08		820		1,245		1,291		46
Euro		6/3/08		416		630		655		25
Japanese Yen		4/16/08		66,898		631		672		41
Japanese Yen		4/16/08		1,670,988		15,751		16,782		1,032
New Romanian Leu		4/11/08		1,565		600		661		61
New Romanian Leu		5/15/08		3,184		1,317		1,336		19
New Zealand Dollar		5/22/08		790		637		616		(21	)
New Zealand Dollar		5/22/08		790		627		616		(11	)
Norwegian Krone		6/4/08		3,253		620		636		16
Norwegian Krone		6/4/08		3,280		630		641		11
Norwegian Krone		6/18/08		6,359		1,240		1,241		1
Peruvian Nuevo Sol		4/23/08		1,856		635		678		43
Peruvian Nuevo Sol		4/23/08		1,826		630		668		38
South African Rand		5/8/08		4,933		619		603		(16	)
South African Rand		6/3/08		9,618		1,252		1,170		(82	)
Turkish Lira		4/7/08		744		619		557		(62	)
Turkish Lira		5/13/08		1,563		1,267		1,155		(112	)
Turkish Lira		5/27/08		769		615		565		(50	)
Turkish Lira		6/4/08		1,588		1,271		1,162		(109	)

Total Long Contracts					$	56,733	$	57,833	$	1,100

See Notes to Financial Statements.

139

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Ultra-Short Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (6.5%)
Automobile ABS (4.4%)
BMW Vehicle Owner Trust, Ser 2006-A, Cl A3, 5.130%, 09/27/10		690		696
Capital One Prime Auto Receivables Trust, Ser 2005-1, Cl A3, 4.320%, 08/15/09(a)		23		23
Daimler Chrysler Auto Trust, Ser 2006-D, Cl A3, 4.980%, 02/08/11		700		709
Honda Auto Receivables Owner Trust, Ser 2005-6, Cl A3, 4.917%, 10/19/09		291		293
Honda Auto Receivables Owner Trust, Ser 2006-2, Cl A3, 5.300%, 07/21/10		477		482
MBNA Credit Card Master Note Trust, Ser 2003-A7, Cl A7, 2.650%, 11/15/10(a)		900		900
Nissan Auto Receivables Owner Trust, Ser 2007-A, Cl A2, 5.220%, 09/15/09		367		369
USAA Auto Owner Trust, Ser 2006-4 Cl A3, 5.010%, 06/15/11		400		405

				3,877

Diversified Financial Services (1.5%)
Bank of America Credit Card Trust, Ser 2007-A7, Cl A7, 2.818%, 08/15/12(a)		750		736
Bank One Issuance Trust, Ser 2004-A1, Cl A1, 3.450%, 10/17/11(a)		575		576

				1,312

Home Equity ABS (0.6%)
Master Asset Backed Securities Trust, Ser 2005-AB1, Cl A1A, 2.749%, 10/25/32(a)		59		58
Residential Funding Mortgage Securities, Ser 2006-HSA1, Cl A1, 2.709%, 11/25/35(a)		522		472

				530

Total Asset-Backed Securities				5,719

Collateralized Mortgage Obligations (19.7%)
Adjustable Rate Mortgage Trust, Ser 2005-4, Cl 3A1, 4.963%, 08/25/35(a)		337		316
Adjustable Rate Mortgage Trust, Ser 2005-7, Cl 7A21, 2.849%, 10/25/35(a)		352		245
Banc of America Commercial Mortgage, Inc., Ser 2004-2, Cl A2, 3.520%, 11/10/38		499		493
Banc of America Mortgage Securities, Ser 2003-F, Cl 1A1, 7.157%, 07/25/33(a)		769		778
Bear Stearns Alternative-A Trust, Ser 2006-2, Cl 23A1, 5.954%, 03/25/36(a)		661		513
Bear Stearns Commercial Mortgage Securities, Ser 2005-T20, Cl A1, 4.940%, 10/12/42		725		722
Countywide Home Loans, Ser 2002-39, Cl A16, 5.000%, 02/25/33		3		3
CS First Boston Mortgage Securities Corp., Ser 1998-C2, Cl A2, 6.300%, 11/15/30(a)		272		273
CS First Boston Mortgage Securities Corp., Ser 2004-C3, Cl A3, 4.221%, 07/15/36		1,005		994
CS First Boston Mortgage Securities Corp., Ser 2005-C1, Cl A2, 4.609%, 02/15/38		1,020		1,008
Deutsche Mortgage Securities, Inc., Ser 2004-5, Cl A2, 4.980%, 07/25/34		413		412
Fannie Mae, Ser 2003-35, Cl KA, 4.000%, 04/25/17		571		574
First Horizon Alternative Mortgage Securities, Ser 2005-AA3, Cl 2A1, 5.185%, 05/25/35(a)		577		279
First Horizon Alternative Mortgage Securities, Ser 2005-AA7, Cl 2A1, 5.406%, 09/25/35(a)		524		434

See Notes to Financial Statements.

140

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Ultra-Short Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued

Goldman Sachs Mortgage Securities Corp. II, Ser 1998-C1, Cl A3, 6.135%, 10/18/30(a)		307		307
Greenwich Capital Commercial Funding Corp., Ser 2004-GG1, Cl A3, 4.404%, 06/10/36		671		666
Greenwich Capital Commercial Funding Corp., Ser 2005-GG3, Cl A2, 4.305%, 08/10/42		500		493
Greenwich Capital Commercial Funding Corp., Ser 2005-GG5, Cl A2, 5.117%, 04/10/37		225		224
GSR Mortgage Loan Trust, Ser 2007-AR1, Cl 2A1, 6.018%, 03/25/37(a)		224		213
Indymac Loan Trust, Ser 2006-L1, Cl A1, 2.674%, 04/25/11(a)		114		114
JPMorgan Chase Commercial Mortgage Securities, Ser 2005-LDP1, Cl A1, 4.173%, 03/15/46		402		398
LB Commercial Conduit Mortgage Trust, Ser 1998-C4, Cl A1B, 6.210%, 10/15/35		551		551
LB-UBS Commercial Mortgage Trust, Ser 2005-C1, Cl A2, 4.310%, 02/15/30		500		492
MASTR Adjustable Rate Mortgages Trust, Ser 2007-1, Cl 2A1, 5.976%, 11/25/36(a)		271		258
Morgan Stanley Capital I, Ser 2004-HQ4, Cl A2, 3.920%, 04/14/40		292		290
Morgan Stanley Capital I, Ser 2006-HQ8, Cl A1, 5.195%, 03/12/44		491		489
Nationslink Funding Corp., Ser 1999-2, Cl A2C, 7.229%, 06/20/31		521		522
SunTrust Adjustable Rate Mortgage Loan Trust, Ser 2007-S1, Cl 1A, 5.175%, 08/25/22(a)		1,985		1,725
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C16, Cl A2, 4.380%, 10/15/41		798		788
Wells Fargo Mortgage Backed Securities Trust, Ser 2004-S, Cl A5, 3.541%, 09/25/34(a)		750		749
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-16, Cl A12, 5.432%, 11/25/36		461		460
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 2A4, 5.241%, 04/25/36(a)		832		823
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 3A1, 5.238%, 04/25/36(a)		762		736

Total Collateralized Mortgage Obligations				17,342

Commercial Paper (3.4%)
Dexia Delaware LLC, 2.540%, 04/01/08(b)		1,500		1,500
Lloyds TSB Bank PLC, 2.740%, 04/01/08(b)		1,500		1,500

Total Commercial Paper				3,000

Corporate Bonds (24.4%)
Aerospace/Defense (0.2%)
Raytheon Co., 4.850%, 01/15/11		175		180

Auto Parts & Equipment (0.2%)
Johnson Controls, Inc., 5.250%, 01/15/11		200		206

Banks (6.0%)
American Express Bank, 2.666%, 04/26/10(a)		750		717
Bank of America Corp., 7.400%, 01/15/11		390		418
Bank of New York Mellon Corp., Ser G, MTN, 2.711%, 06/29/10(a)		1,000		984

See Notes to Financial Statements.

141

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Ultra-Short Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Banks—continued

Bank One Corp., 2.625%, 06/30/08		400		399
JPMorgan Chase & Co., 7.000%, 11/15/09		325		340
U.S. Bancorp, Ser P, 3.512%, 02/04/10, MTN(a)		825		819
UBS AG Stamford, 3.838%, 07/23/09(a)		760		741
Wachovia Corp., Ser G, 3.314%, 07/26/10(a)		850		812

				5,230

Commercial Services (0.4%)
ERAC USA Finance Co., 7.350%, 06/15/08(c)		375		378

Diversified Financial Services (11.4%)
Allstate Life Global Funding Trust, 3.690%, 02/26/10, MTN(a)		925		925
Boeing Capital Corp., 4.750%, 08/25/08		450		454
Capital One Bank, 4.875%, 05/15/08		650		649
Caterpillar Financial Services Corp., 4.150%, 01/15/10, MTN		200		203
Caterpillar Financial Services Corp., 3.578%, 02/08/10, MTN(a)		650		646
Credit Suisse (USA), Inc., 5.250%, 03/02/11		350		360
General Electric Capital Corp., Ser A, 4.125%, 09/01/09, MTN		200		203
Goldman Sachs Group, Inc. (The), 6.875%, 01/15/11		500		534
Goldman Sachs Group, Inc. (The), Ser B, 2.771%, 06/28/10(a)		1,125		1,094
HSBC Finance Corp., 4.125%, 11/16/09		200		197
IBM International Group Capital LLC, 3.646%, 07/29/09(a)		950		952
International Lease Finance Corp., Ser Q, 4.625%, 06/02/08		500		500
International Lease Finance Corp., Ser Q, 5.450%, 03/24/11		200		200
JPMorgan Chase & Co., 4.168%, 01/17/11(a)(d)		865		847
Lehman Brothers Holdings, Inc., 3.984%, 10/22/08(a)		850		828
Lehman Brothers Holdings, Inc., Ser G, 4.250%, 01/27/10, MTN		270		261
Merrill Lynch & Co., Inc., Ser C, 3.178%, 05/08/09(a)		650		639
Morgan Stanley, 4.000%, 01/15/10		500		494

				9,986

Energy (0.3%)
MidAmerican Energy Holdings Co., 3.500%, 05/15/08		222		222

Information Technology (1.3%)
Hewlett-Packard Co., 3.476%, 09/03/09(a)		1,125		1,126

Insurance (1.1%)
Lincoln National Corp., 4.756%, 04/06/09(a)		1,000		986

Media (0.5%)
Comcast Cable Communication, Inc., 6.750%, 01/30/11		160		167
Cox Communications, Inc., 7.750%, 11/01/10		175		188
Time Warner Entertainment Co., 7.250%, 09/01/08		110		111

				466

Miscellaneous Manufacturer (0.2%)
Honeywell International, Inc., 7.500%, 03/01/10		200		215

Oil & Gas (0.7%)
Anadarko Petroleum Corp., 3.250%, 05/01/08		375		375
Enterprise Products Partners LP, Ser B, 4.625%, 10/15/09		195		197

				572

See Notes to Financial Statements.

142

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Ultra-Short Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Pipelines (0.3%)
CenterPoint Energy Resources Corp., 7.750%, 02/15/11		125		135
DCP Midstream LLC, 7.875%, 08/16/10		124		133

				268

Software (0.2%)
Oracle Corp., 5.000%, 01/15/11		195		200

Telecommunication Services (1.2%)
AT&T, Inc., 3.195%, 02/05/10(a)		675		669
BellSouth Telecommunications, Inc., 5.875%, 01/15/09		375		381

				1,050

Transportation (0.2%)
Union Pacific Corp., 6.650%, 01/15/11		125		132

Utilities (0.2%)
American Electric Power Co., Inc., Ser C, 5.375%, 03/15/10		200		205

Total Corporate Bonds				21,422

Master Notes (1.7%)
Banks (1.7%)
Bank of America Corp., 3.100%(a)(e)		1,499		1,500

Total Master Notes				1,500

U.S. Government Agencies (6.4%)
Federal Home Loan Bank (5.1%)
1.500%, 04/01/08(b)		3,000		3,000
5.250%, 06/12/09		1,250		1,295
4.875%, 03/12/10		210		220

				4,515

Freddie Mac (1.3%)
5.125%, 11/24/10, Callable 11/24/08 @ 100		425		432
5.250%, 02/24/11, Callable 02/24/09 @ 100		225		230
5.400%, 02/02/12, Callable 02/02/09 @ 100		450		461

				1,123

Total U.S. Government Agencies				5,638

U.S. Government Agency Mortgages (32.8%)
Fannie Mae (21.3%)
6.653%, 07/01/09		1,113		1,131
4.500%, 01/25/25		489		490
6.337%, 08/25/30		130		131
6.860%, 05/01/32(a)		140		143
6.338%, 01/01/33(a)		695		702
6.540%, 01/01/33(a)		352		358
3.658%, 08/01/33(a)		462		470
6.941%, 09/01/33(a)		290		297
6.937%, 10/01/33(a)		444		456
6.892%, 11/01/33(a)		969		987
6.282%, 01/01/34(a)		1,815		1,846
6.307%, 01/01/34(a)		292		295
4.313%, 03/01/34(a)		589		597
6.119%, 04/01/34(a)		1,786		1,810
5.984%, 07/01/34(a)		611		617
5.795%, 10/01/34(a)		612		620
6.108%, 10/01/34(a)		847		856
5.986%, 12/01/34(a)		648		652
6.191%, 12/01/34(a)		383		386
5.985%, 02/01/35(a)		658		665
4.667%, 05/01/35(a)		806		815
3.912%, 07/01/35(a)		1,429		1,441
4.770%, 07/01/35(a)		607		618
5.816%, 07/01/35(a)		523		528
5.346%, 06/01/36(a)		773		790
5.421%, 11/01/37(a)		982		995

				18,696

Freddie Mac (9.9%)
4.000%, 11/15/11		153		153
3.750%, 12/15/11		396		397
4.375%, 04/15/15		375		379
4.000%, 05/15/15		1,275		1,281
5.000%, 09/15/15		313		317
5.000%, 12/15/20		73		73
5.500%, 04/15/26		304		311
3.651%, 08/01/33(a)		517		519

See Notes to Financial Statements.

143

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Ultra-Short Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Freddie Mac—continued

4.275%, 03/01/34(a)		755		764
4.891%, 04/01/34(a)		154		157
5.928%, 05/01/34(a)		1,568		1,604
4.398%, 02/01/35(a)		661		672
5.512%, 03/01/35(a)		980		988
6.227%, 09/01/36(a)		432		443
5.510%, 04/01/37(a)		593		601

				8,659

Ginnie Mae (1.6%)
6.007%, 02/16/24(a)		204		209
3.701%, 05/16/25		1,236		1,238

				1,447

Total U.S. Government Agency Mortgages				28,802

U.S. Treasury Obligations (0.5%)
U.S. Treasury Notes (0.5%)
3.500%, 02/15/10		425		439

Total U.S. Treasury Obligations				439

Short-Term Investments (1.0%)
Credit Suisse Enhanced Liquidity Fund(f)		858,500		859

Total Short-Term Investments				859

Money Market Fund (4.0%)
RidgeWorth Institutional Cash Management Money Market Fund(g)		3,541,106		3,541

Total Money Market Fund				3,541

Total Investments (Cost $88,786)(h) — 100.4%				88,262
Liabilities in excess of other assets — (0.4)%				(370	)

Net Assets — 100.0%			$	87,892


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rate represents the effective yield at purchase.

(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 0.40% of net assets as of March 31, 2008.

(d)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $832.

(e)		Perpetual maturity.

(f)		This security was purchased with cash collateral held from securities lending.

(g)		Affiliate investment.

(h)		Represents cost for financial reporting purposes.

MTN		— Medium Term Note

See Notes to Financial Statements.

144

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

U.S. Government Securities Fund


	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (1.2%)
Home Equity ABS (1.2%)
Lehman XS Trust, Ser 2007-6, Cl 3A5, 5.720%, 05/25/37(a)		4,730		4,185
Wells Fargo Home Equity Trust, Ser 2004-2, Cl AI9, 4.980%, 05/25/34(a)		2,000		1,983

Total Asset-Backed Securities				6,168

Collateralized Mortgage Obligations (13.7%)
Banc of America Mortgage Securities, Ser 2003-8, Cl 2A4, 4.750%, 11/25/18		3,055		2,911
Fannie Mae, Ser 2007-27, Cl MC, 5.500%, 02/25/35(a)		3,126		3,152
Fannie Mae, Ser 2007-68, Cl PC, 5.500%, 06/25/36(a)		10,926		10,892
Fannie Mae, Ser 2007-77, Cl TB, 5.500%, 07/25/31		1,327		1,357
Fannie Mae, Ser 2007-79, Cl MA, 5.500%, 12/25/28		6,267		6,416
Fannie Mae, Ser 2007-79, Cl PE, 5.000%, 08/25/37		15,510		14,354
Fannie Mae, Ser 2007-88, Cl FY, 3.066%, 09/25/37(a)		6,939		6,737
Freddie Mac, Ser 3349, Cl HE, 5.500%, 07/15/36		5,000		5,037
GSR Mortgage Loan Trust, Ser 2005-5F, Cl 2A2, 5.500%, 06/25/35		6,601		6,021
PHH Alternative Mortgage Trust, Ser 2007-1, Cl 22A1, 5.887%, 02/25/37		11,810		11,472

Total Collateralized Mortgage Obligations				68,349

U.S. Government Agency Mortgages (45.6%)
Fannie Mae (24.8%)
5.000%, 10/01/14		11,777		12,095
6.290%, 08/01/18		1,042		1,085
4.500%, 09/01/20		5,682		5,663
5.000%, 01/01/23		6,000		6,063
5.500%, 09/01/34		4,916		4,975
5.500%, 02/01/35		8,663		8,763
5.207%, 07/01/35(a)		13,613		13,624
5.000%, 08/01/35		8,193		8,121
5.178%, 01/01/36(a)		8,407		8,544
6.000%, 01/01/36		11,168		11,453
5.110%, 02/01/36(a)		7,075		7,144
5.209%, 02/01/36(a)		3,583		3,645
5.500%, 04/01/36		11,601		11,735
6.500%, 05/01/36		9,532		9,881
6.500%, 08/01/37		10,863		11,260

				124,051

Freddie Mac (16.7%)
5.000%, 04/01/19		12,381		12,564
5.500%, 04/01/22		9,862		10,075
6.000%, 07/01/22(b)		7,808		8,037
5.000%, 09/01/35		13,374		13,282
6.378%, 06/01/36		14,233		14,778
6.500%, 09/01/36		9,289		9,644
6.000%, 11/01/37		14,697		15,085

				83,465

Ginnie Mae (4.1%)
6.500%, 04/14/38		19,397		20,161

Total U.S. Government Agency Mortgages				227,677

U.S. Treasury Obligations (32.0%)
U.S. Treasury Notes (32.0%)
4.875%, 04/30/11(c)		14,300		15,580
4.625%, 02/29/12(c)		20,000		21,817
3.625%, 12/31/12(c)		37,000		38,985
2.750%, 02/28/13(c)		20,000		20,275
4.250%, 08/15/14(c)		24,000		26,231
4.750%, 08/15/17		6,050		6,694
4.250%, 11/15/17(c)		8,000		8,536
3.500%, 02/15/18(c)		6,000		6,035
5.000%, 05/15/37(c)		14,000		15,662

Total U.S. Treasury Obligations				159,815

See Notes to Financial Statements.

145

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
U.S. Government Securities Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Short-Term Investments (30.2%)
Credit Suisse Enhanced Liquidity Fund(d)		151,138,999		151,139

Total Short-Term Investments				151,139

Money Market Fund (11.3%)
RidgeWorth Institutional U.S. Government Securities Money Market Fund(e)		56,494,189		56,494

Total Money Market Fund				56,494

Total Investments (Cost $654,008)(f) — 134.0%				669,642
Liabilities in excess of other assets — (34.0)%				(169,954	)

Net Assets — 100.0%			$	499,688


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Security purchased on a when-issue basis.

(c)		This security or a partial position of the security was on loan as of March 31, 2008. The total value of securities on loan as of March 31, 2008 in thousands was $147,151.

(d)		This security was purchased with cash collateral held from securities lending.

(e)		Affiliate investment.

(f)		Represents cost for financial reporting purposes.

See Notes to Financial Statements.

146

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

U.S. Government Securities Ultra-Short Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
U.S. Government Agencies (7.2%)
Federal Home Loan Bank (4.1%)
1.500%, 04/01/08(a)		1,000		1,000
2.134%, 04/23/08(a)		1,000		999
4.875%, 03/12/10		225		236
5.125%, 09/29/10		325		346

				2,581

Freddie Mac (3.1%)
3.375%, 04/15/09		1,500		1,517
5.125%, 11/24/10, Callable 11/24/08 @ 100		250		254
5.250%, 02/24/11, Callable 02/24/09 @ 100		150		154

				1,925

Total U.S. Government Agencies				4,506

U.S. Government Agency Mortgages (88.9%)
Fannie Mae (69.4%)
6.350%, 05/01/09		267		272
4.500%, 01/25/25		244		245
6.860%, 05/01/32(b)		159		162
6.338%, 01/01/33(b)		533		538
6.540%, 01/01/33(b)		578		588
4.292%, 03/01/33(b)		599		612
4.401%, 04/01/33(b)		1,712		1,747
4.564%, 05/01/33(b)		356		358
3.595%, 07/01/33(b)		548		555
3.658%, 08/01/33(b)		498		507
6.941%, 09/01/33(b)		126		129
4.332%, 10/01/33(b)		2,489		2,481
6.937%, 10/01/33(b)		190		195
6.892%, 11/01/33(b)		1,823		1,857
6.282%, 01/01/34(b)		475		483
6.307%, 01/01/34(b)		131		133
4.313%, 03/01/34(b)		523		529
6.119%, 04/01/34(b)		753		762
5.254%, 05/01/34(b)		2,353		2,373
4.776%, 07/01/34(b)		1,294		1,335
5.564%, 07/01/34(b)		905		912
5.984%, 07/01/34(b)		625		631
4.759%, 08/01/34(b)		2,059		2,089
5.795%, 10/01/34(b)		398		403
6.108%, 10/01/34(b)		635		642
5.970%, 12/01/34(b)		527		530
5.986%, 12/01/34(b)		545		548
6.191%, 12/01/34(b)		901		907
5.985%, 02/01/35(b)		477		483
5.018%, 03/01/35(b)		1,931		1,955
5.235%, 04/01/35(b)		583		591
4.667%, 05/01/35(b)		968		979
4.315%, 06/01/35(b)		1,308		1,315
3.912%, 07/01/35(b)		2,384		2,405
4.442%, 07/01/35(b)		3,178		3,207
4.770%, 07/01/35(b)		607		618
5.816%, 07/01/35(b)		291		294
4.641%, 08/01/35(b)		1,646		1,657
5.193%, 08/01/35		896		913
5.340%, 02/01/36(b)		2,339		2,353
5.346%, 06/01/36(b)		571		584
5.601%, 07/01/36		1,333		1,349
5.421%, 11/01/37(b)		2,385		2,418

				43,644

Freddie Mac (18.2%)
4.000%, 11/15/11		77		77
3.750%, 12/15/11		169		169
4.375%, 04/15/15		284		288
4.000%, 05/15/15		725		728
5.000%, 09/15/15		104		106
3.651%, 08/01/33(b)		517		519
4.275%, 03/01/34(b)		418		422
4.891%, 04/01/34(b)		97		99
5.689%, 05/01/34(b)		477		487
5.928%, 05/01/34(b)		541		553
5.302%, 07/01/34(b)		715		732
5.687%, 08/01/34(b)		953		966
4.398%, 02/01/35(b)		612		621
6.067%, 02/01/35(b)		391		395
5.512%, 03/01/35(b)		2,160		2,178
6.227%, 09/01/36(b)		871		895
4.888%, 10/01/36(b)		1,637		1,649
5.510%, 04/01/37(b)		597		606

				11,490

Ginnie Mae (1.3%)
6.007%, 02/16/24(b)		51		52
3.701%, 05/16/25		742		743

				795

Total U.S. Government Agency Mortgages				55,929

See Notes to Financial Statements.

147

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Virginia Intermediate Municipal Bond Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (97.4%)
Virginia (97.4%)
Amherst County Service Authority, RB, 6.000%, 12/15/20, Callable 12/15/10 @ 102		500		517
Amherst County Service Authority, RB, 6.000%, 12/15/30, Callable 12/15/10 @ 102		1,750		1,796
Arlington County Industrial Development Authority, Hospital Facilities, RB, 5.500%, 07/01/17, Prerefunded 07/01/11 @ 101		2,225		2,441
Arlington County Industrial Development Authority, Resource Recovery, Ser B, RB, AMT, 5.250%, 01/01/10, Callable 07/01/08 @ 101, FSA		1,000		1,016
Arlington County Industrial Development Authority, Resource Recovery, Ser B, RB, AMT, 5.375%, 01/01/11, Callable 07/01/08 @ 101, FSA		2,785		2,830
Arlington County, Public Improvement, GO, 5.000%, 03/15/15,		4,950		5,477
Bedford County Economic Development Authority, Public Facilities Lease, RB, 5.250%, 05/01/24, Callable 01/01/16 @ 100, MBIA		2,890		2,982
Bristol Utility System, RB, 5.250%, 07/15/23, Callable 07/15/13 @ 100, MBIA		1,000		1,025
Chesapeake Water & Sewer Project, GO, 5.000%, 12/01/19, Callable 12/01/14 @ 101		2,465		2,629
Fairfax County Economic Development Authority, Residential Care Facilities, Goodwin House, Inc., RB, 4.450%, 10/01/19, Callable 10/01/17 @ 100		500		455
Fairfax County Economic Development Authority, Residential Care Facilities, Goodwin House, Inc., RB, 4.700%, 10/01/24, Callable 10/01/17 @ 100		750		670
Fairfax County Redevelopment & Housing Authority, Affordable Housing, Ser A, RB, BAN, 4.000%, 03/01/13, Callable 03/01/11 @ 100		1,725		1,763
Fairfax County, Public Improvement, Ser B, GO, 5.000%, 10/01/12,		3,250		3,550
Fauquier County, School Bonds, GO, 5.000%, 07/01/19, Callable 07/01/16 @100, MBIA		2,100		2,255
Front Royal & Warren County Development Authority, Ser B, RB, 5.000%, 04/01/23, Callable 04/01/14 @ 100, FSA		2,485		2,546
Greater Richmond Convention Center Authority, Hotel Tax, Center Expansion Project, RB, 6.125%, 06/15/25, Prerefunded 06/15/10 @ 101		1,240		1,352
Greater Richmond Convention Center Authority, Hotel Tax, RB, 5.000%, 06/15/16, Callable 06/15/15 @ 100, MBIA		2,855		3,058

See Notes to Financial Statements.

149

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Intermediate Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Hampton Golf Course, RB, 6.000%, 12/01/12		652		684
Hampton Public Improvement, Ser A, GO, 5.000%, 04/01/22, Callable 04/01/15 @ 100, FGIC		1,640		1,697
Hampton Roads Sanitation District Wastewater, RB, 5.000%, 04/01/23, Callable 04/01/18 @ 100		1,060		1,100
Hampton, Ser A, GO, 5.500%, 07/15/18, Callable 07/15/12 @ 101		1,275		1,376
Hanover County Industrial Development Authority, Regional Medical Care Project, RB, 6.375%, 08/15/18, MBIA		6,100		6,950
Henrico County Economic Development Authority, Beth Sholom Assisted Living Project, Ser A, RB, 5.850%, 07/20/19, Callable 07/20/09 @ 102, GNMA		400		418
Henrico County Economic Development Authority, Residential Care Facilities, Ser A, RB, 5.000%, 06/01/10		1,015		1,022
Henrico County Economic Development Authority, Residential Care Facilities, Ser A, RB, 6.500%, 06/01/22, Callable 06/01/12 @ 100		1,040		1,059
Henrico County Economic Development Authority, Residential Care Facilities, Westminster Canterbury, RB, 5.000%, 10/01/21, Callable 10/01/11 @ 100		1,375		1,320
Henrico County Economic Development Authority, Residential Care Facilities, Westminster Canterbury, RB, 5.000%, 10/01/27, Callable 10/01/11 @ 103		500		454
Henrico County Economic Development Authority, Residential Care Facility, Westminister Canterbury, RB, 2.280%, 10/01/37, LOC: Branch Banking & Trust Co.(a)		500		500
Henrico County Economic Development Authority, Ser A, RB, 5.900%, 07/20/29, Callable 07/20/09 @ 102, GNMA		500		522
Henry County Public Service Authority, Water & Sewer, RB, 5.250%, 11/15/13, FSA		1,500		1,666
James City County Economic Development Authority, Public Facility Project, 5.000%, 06/15/21, Callable 06/15/17 @ 100, FSA		2,215		2,329
Loudoun County Industrial Development Authority, Howard Hughes Medical Institution, Ser C, RB, 1.500%, 02/15/38(a)		1,550		1,550
Loudoun County Industrial Development Authority, Loudoun Hospital Center, RB, 6.000%, 06/01/22, Prerefunded 06/01/12 @ 101		1,000		1,129
Loudoun County Industrial Development Authority, Public Safety Facilities Lease, Ser A, RB, 5.250%, 12/15/17, Callable 06/15/14 @ 100, FSA		1,110		1,216

See Notes to Financial Statements.

150

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Intermediate Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Loudoun County Industrial Development Authority, Residential Care Facilities, Ser A, RB, 6.000%, 08/01/24, Callable 08/01/14 @ 100		1,750		1,741
Loudoun County Industrial Development Authority, Residential Care Facilities, Ser B, RB, 5.000%, 08/01/28, Callable 04/21/08 @ 100.5		1,100		1,097
Loudoun County Sanitation Authority, Water & Sewage, RB, 5.000%, 01/01/25, Callable 01/01/15 @ 100		3,165		3,239
Loudoun County, Public Improvement, Ser B, GO, 5.000%, 06/01/14		3,500		3,863
Louisa Industrial Development Authority, Pollution Control, Virginia Electric & Power Co., RB, 5.250%, 12/01/08, Callable 04/11/08 @ 100.5		955		962
Lynchburg Industrial Development Authority Healthcare Facilities, Centra Health, RB, 5.000%, 01/01/09, Callable 04/11/08 @ 101, MBIA		500		506
Lynchburg Industrial Development Authority, Residential Care Facility, Westminster-Canterbury, RB, 4.875%, 07/01/21, Callable 07/01/17 @ 100		500		459
Metropolitan Washington DC Airports Authority, Airport System, Ser A, RB, AMT, 5.500%, 10/01/27, Callable 10/01/11 @ 101, MBIA		1,000		994
Montgomery County Industrial Development Authority, RB, 5.500%, 01/15/18, Callable 01/15/12 @ 101, AMBAC		1,865		1,973
New Kent County Economic Development Authority, School & Governmental Projects, RB, 5.000%, 02/01/18, Callable 02/01/17 @ 100, FSA		2,225		2,402
Newport News, GO, 5.250%, 07/01/15,		3,000		3,364
Orange County Economic Development Authority Lease, RB, 4.750%, 02/01/22, Callable 02/01/17 @ 100, Assured GTY		2,000		2,016
Peninsula Ports Authority, Residential Care Facility, Ser A, RB, 7.375%, 12/01/23, Prerefunded 12/01/13 @ 100		3,520		4,313
Pittsylvania County, Ser B, GO, 5.625%, 03/01/15, Callable 03/01/11 @ 102, MBIA		1,000		1,086
Portsmouth, Ser A, GO, 5.000%, 04/01/14, MBIA		2,005		2,198
Portsmouth, Ser A, GO, 5.000%, 07/01/15, MBIA		2,285		2,517
Richmond Industrial Development Authority, Government Facilities, RB, 5.000%, 07/15/18, AMBAC		1,795		1,929
Richmond Industrial Development Authority, Student Housing, RB, 5.450%, 01/01/21, Callable 01/01/11 @ 102		1,000		1,026

See Notes to Financial Statements.

151

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Intermediate Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Richmond, GO, 5.500%, 01/15/12, Callable 01/15/11 @ 101, FSA		2,500		2,694
Richmond, GO, 5.500%, 01/15/15, Callable 01/15/11 @ 101, FSA		1,290		1,387
Richmond, GO, 5.500%, 01/15/18, Callable 01/15/11 @ 101, FSA		3,755		3,962
Richmond, Public Improvement, GO, 5.000%, 07/15/24, Callable 07/15/16 @ 100, FSA		1,435		1,482
Riverside Regional Jail Authority, Jail Facility, RB, 4.250%, 07/01/10, Callable 07/01/09 @ 100		2,000		2,036
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.750%, 07/01/13, Callable 07/01/12 @ 100, MBIA		2,000		2,180
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.750%, 07/01/14, Callable 07/01/12 @ 100, MBIA		2,000		2,166
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/16, Callable 07/01/12 @ 100, MBIA		1,000		1,058
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/18, Callable 07/01/12 @ 100, MBIA		2,000		2,091
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/21, Callable 07/01/12 @ 100, MBIA		1,000		1,031
Roanoke Public Improvement, Ser B, GO, 5.000%, 02/01/24, Callable 02/01/15 @ 101		2,500		2,583
Spotsylvania County Water & Sewer, RB, 5.000%, 06/01/26, FSA		3,635		3,695
Stafford County & Staunton Industrial Development Authority, RB, 5.000%, 08/01/23, Callable 08/01/18 @ 100, XLCA		1,025		1,035
Stafford County & Staunton Industrial Development Authority, Ser B, RB, 5.000%, 08/01/25, Callable 08/01/17 @ 100, XLCA		3,330		3,322
Stafford County & Staunton Industrial Development Authority, Ser C, RB, 5.250%, 02/01/20, Callable 02/01/17 @ 100, XLCA		2,165		2,267
Suffolk Industrial Development Authority, Retirement Facilities, First Mortgage — Lake Prince Center, RB, 5.150%, 09/01/24, Callable 09/01/16 @ 100		1,750		1,596

See Notes to Financial Statements.

152

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Intermediate Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Tobacco Settlement Financing Corp., RB, 4.000%, 06/01/13, Prerefunded 06/01/08 @ 100		1,095		1,103
Tobacco Settlement Financing Corp., RB, 5.250%, 06/01/19, Prerefunded 06/01/15 @ 100		2,070		2,188
Tobacco Settlement Financing Corp., RB, 5.500%, 06/01/26, Prerefunded 06/01/12 @ 100		3,500		3,838
University of Virginia, Ser A, RB, 2.050%, 06/01/34(a)		1,765		1,765
Virginia Beach Development Authority, Ser A, RB, 5.375%, 08/01/16, Callable 08/01/12 @ 100		1,650		1,791
Virginia Beach Development Authority, Wesleyan College Project, RB, 2.100%, 07/01/33, LOC: Bank of America N.A.(a)		1,200		1,200
Virginia Beach, Public Improvement, Ser B, GO, 5.000%, 05/01/13		2,500		2,739
Virginia Beach, Ser C, GO, 5.000%, 09/15/16		2,825		3,135
Virginia College Building Authority, Educational Facilities Project, Ser A, RB, 5.000%, 02/01/15, Callable 02/01/14 @ 100		4,510		4,899
Virginia College Building Authority, Educational Facilities Project, Washington & Lee University, RB, 5.375%, 01/01/21, Callable 01/01/16 @ 100		3,090		3,410
Virginia College Building Authority, Educational Facilities, Public Higher Educational Financing Program, Ser B, RB, 5.000%, 09/01/13		3,000		3,294
Virginia College Building Authority, Educational Facilities, Public Higher Education Financing Program, Ser A, RB, 5.000%, 09/01/17, Callable 09/01/16 @ 100,		3,000		3,288
Virginia Commonwealth Transportation Board, North Virginia Transportation District, Ser A, RB, 5.000%, 05/15/14		3,000		3,303
Virginia Commonwealth Transportation Board, Ser A, RB, 5.375%, 05/15/12, Callable 05/15/11 @ 100		1,000		1,072
Virginia Commonwealth University Health System Authority, Ser B, RB, 1.200%, 07/01/37, LOC: Branch Banking & Trust Co.(a)		1,000		1,000
Virginia Housing Development Authority, Multifamily, Ser E, RB, AMT, 5.350%, 11/01/11, Callable 04/11/08 @ 102		1,250		1,277
Virginia Housing Development Authority, Multifamily, Ser H, RB, AMT, 5.625%, 11/01/18, Callable 11/01/09 @ 100		3,500		3,632
Virginia Housing Development Authority, Multifamily, Ser I, RB, AMT, 4.875%, 11/01/12, Callable 01/01/09 @ 101		1,950		1,983

See Notes to Financial Statements.

153

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Intermediate Municipal Bond Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Virginia Polytechnic Institute & State University, Ser D, RB, 5.125%, 06/01/21, Callable 06/01/14 @ 101, AMBAC		2,095		2,194
Virginia Public Building Authority, Public Facilities, Ser A, RB, 5.000%, 08/01/13		2,500		2,739
Virginia Public Building Authority, Public Facilities, Ser C, RB, 5.000%, 08/01/14		2,000		2,199
Virginia Public School Authority, School Financing 1997 Resolution, Ser A, RB, 5.000%, 08/01/11		3,000		3,227
Virginia Public School Authority, School Financing 1997, Ser A, RB, 5.000%, 08/01/24, Callable 08/01/14 @ 100		1,365		1,400
Virginia Public School Authority, School Financing 1997, Ser C, RB, 5.000%, 08/01/11		1,390		1,495
Virginia Public School Authority, Ser B, RB, 5.000%, 08/01/13, Callable 08/01/10 @ 101		2,910		3,070
Virginia Resource Authority, Senior Infrastructure, Ser B, RB, 5.000%, 11/01/26, Callable 11/01/14 @ 100		2,185		2,227
Virginia Resources Authority Infrastructure, Pooled Financing Program, Ser B, RB, 5.000%, 11/01/21, Callable 11/01/17 @ 100		1,230		1,294
Virginia Resources Authority, Clean Water State Revolving Fund, RB, 5.000%, 10/01/16		2,030		2,246
Virginia Resources Authority, Infrastructure, Ser A, RB, 5.800%, 05/01/30, Prerefunded 05/01/11 @ 101, MBIA		1,500		1,656
Virginia Small Business Financing Authority, Children’s Hospital of King’s Daughters, Inc., RB, 2.080%, 01/01/36, LOC: Wachovia Bank N.A.(a)		2,100		2,100
Western Regional Jail Authority, Jail Facilities, RB, 4.750%, 06/01/23, Callable 06/01/17 @ 100, MBIA		2,255		2,282
Winchester, Public Improvement, GO, 5.000%, 11/01/18, Callable 11/01/15 @ 100, FGIC		2,580		2,763
York County Industrial Development Authority, Pollution Control Project, RB, 5.500%, 07/01/09, Callable 04/11/08 @ 100.50		740		745

Total Municipal Bonds				208,178

See Notes to Financial Statements.

154

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Intermediate Municipal Bond Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Money Market Fund (1.7%)
Federated Virginia Municipal Cash Trust, Institutional Class		3,689,195		3,689

Total Investments (Cost $207,380)(b) — 99.1%				211,867
Other Assets — 0.9%				1,973

Net Assets — 100.0%			$	213,840


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Represents cost for financial reporting purposes.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

AMT		— Alternative Minimum Tax Paper

BAN		— Bond Anticipation Note

FGIC		— Security insured by Financial Guaranty Insurance Company

FSA		— Security insured by Financial Security Assurance

GNMA		— Security insured by Ginnie Mae

GO		— General Obligation

MBIA		— Security insured by Municipal Bond Insurance Association

RB		— Revenue Bond

XLCA		— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

155

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Prime Quality Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
Certificates of Deposit (7.8%)
Banks (7.3%)
Banco Santander, 2.880%, 07/03/08		50,000		50,041
Barclays Bank PLC NY, 3.670%, 07/17/08		75,000		75,000
Branch Banking & Trust Co., 2.835%, 01/30/09		75,000		75,000
Canadian Imperial Bank NY, 3.915%, 04/22/08		30,000		30,012
Chase Bank USA N.A., 2.750%, 08/13/08		75,000		75,000
Deutsche Bank AG, 2.410%, 04/10/08(a)		75,000		75,000
Natixis, 2.420%, 04/21/08(a)		75,000		75,000
Nordea Bank AB, 4.820%, 10/17/08		50,000		50,331
Svenska Handelsbanken AB, 3.790%, 04/18/08		50,000		50,000
Toronto Dominion Bank, 2.980%, 05/22/08		50,000		50,001
Toronto Dominion Bank, 2.900%, 08/20/08		50,000		50,002
Toronto Dominion Bank, 2.640%, 09/15/08		50,000		50,001
Wachovia Bank N.A., 4.653%, 01/12/09(a)		50,000		50,000

				755,388

Diversified Financial Services (0.5%)
Regions Financial Corp., 4.250%, 04/09/08		50,000		50,000

				50,000

Total Certificates of Deposit				805,388

Commercial Paper (41.5%)
Banks (15.5%)
Abbey National PLC, 2.678%, 06/10/08(b)		50,000		49,741
ABN AMRO Bank N.V., 4.552%, 04/04/08(b)		26,175		26,165
ABN AMRO Bank N.V., 3.038%, 05/13/08(b)		63,000		62,778
Australia & New Zealand National Ltd., 4.564%, 04/07/08(b)(c)		23,000		22,983
Australia & New Zealand National Ltd., 5.130%, 04/11/08(b)(c)		75,000		74,896
Australia & New Zealand National Ltd., 2.625%, 06/12/08(b)(c)		30,000		29,843
Banco Santander Central Hispano SA, 3.085%, 06/30/08(b)		75,000		74,429
Bank of Ireland, 3.069%, 04/28/08(b)(c)		55,250		55,124
Bank of Ireland, 4.857%, 06/06/08(b)(c)		50,000		49,566
Bank of Ireland, 2.557%, 06/18/08(b)(c)		75,000		74,587
Bank of Nova Scotia, 3.860%, 04/16/08		50,000		50,000
Bank of Nova Scotia, 2.950%, 05/05/08		50,000		50,000
Bank of Nova Scotia, 2.880%, 02/25/09		50,000		50,000
Danske Bank, 2.942%, 04/03/08(b)(c)		50,000		49,992
Danske Bank, 2.808%, 04/17/08(b)(c)		75,000		74,907
Danske Bank, 2.496%, 06/20/08(b)(c)		50,000		49,724
Dexia Delaware LLC, 2.987%, 05/07/08(b)		50,000		49,852
DnB Nor Bank ASA, 4.296%, 04/09/08(b)(c)		50,000		49,953
DnB Nor Bank ASA, 3.192%, 04/16/08(b)(c)		23,300		23,269
DnB Nor Bank ASA, 4.014%, 05/13/08(b)(c)		25,000		24,885
DnB Nor Bank ASA, 2.868%, 05/30/08(b)(c)		12,850		12,790
DnB Nor Bank ASA, 2.790%, 06/11/08(b)(c)		50,000		49,727
DnB Nor Bank ASA, 2.939%, 07/15/08(b)(c)		50,000		49,577
HSBC USA, Inc., 4.500%, 04/02/08(b)		37,700		37,695
HSBC USA, Inc., 2.901%, 06/06/08(b)		21,500		21,386
HSBC USA, Inc., 2.470%, 07/14/08(b)		44,125		43,813

See Notes to Financial Statements.

156

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Prime Quality Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Banks—continued

Lloyds TSB Group PLC, 2.506%, 06/24/08(b)		75,000		74,564
Lloyds TSB Group PLC, 2.803%, 07/01/08(b)		75,000		74,475
Royal Bank of Canada, 2.676%, 05/01/08(b)		25,000		24,944
Royal Bank of Scotland, 2.700%, 04/02/08(b)(c)		30,000		29,998
Royal Bank of Scotland, 4.994%, 04/16/08(b)		50,000		49,899
Royal Bank of Scotland, 2.915%, 05/08/08(b)		50,000		49,851
Royal Bank of Scotland, 2.992%, 05/27/08(b)		50,000		49,769
Skandinaviska Enskilda Banken AB, 2.968%, 04/07/08(b)(c)		30,000		29,985
Skandinaviska Enskilda Banken AB, 3.027%, 04/10/08(b)(c)		20,200		20,185

				1,611,352

Diversified Financial Services (23.6%)
Alcon Capital Corp., 2.910%, 04/25/08(b)(c)		50,000		49,904
Allianz Finance Corp., 2.354%, 04/17/08(b)(c)		36,095		36,057
Allianz Finance Corp., 2.661%, 05/21/08(b)(c)		50,000		49,816
ANZ National (International) Ltd., 3.074%, 05/19/08(b)(c)		50,000		49,797
ASB Financial Corp., 3.220%, 04/09/08(b)(c)		14,500		14,490
ASB Financial Corp., 3.123%, 04/30/08(b)(c)		46,000		45,885
ASB Financial Corp., 2.958%, 07/09/08(b)(c)		25,000		24,799
ASB Financial Corp., 4.725%, 09/11/08(b)(c)		50,000		48,968
ASB Financial Corp., 4.535%, 12/01/08(b)(c)		50,000		48,529
CBA Finance, 2.587%, 06/20/08(b)		50,000		49,714
Chesham Finance LLC, 5.400%, 05/30/08(b)(c)		26,000		25,782
Dresdner US Financial, 2.890%, 04/01/08(b)		150,000		150,000
Fountain Square Commercial Funding Corp., 3.511%, 04/01/08(b)(c)		50,000		50,000
General Electric Capital Corp., 4.950%, 04/14/08(b)		75,000		74,869
General Electric Capital Corp., 2.870%, 08/15/08(b)		65,000		64,305
Greenwich Capital Holdings, 2.481%, 09/19/08(b)		50,000		49,418
IBM Credit Corp., 2.180%, 06/02/08(b)(c)		50,000		49,813
ING (U.S.) Funding LLC, 3.006%, 04/04/08(b)		66,100		66,084
ING (U.S.) Funding LLC, 2.961%, 04/18/08(b)		14,000		13,980
ING (U.S.) Funding LLC, 2.914%, 05/05/08(b)		15,990		15,946
International Lease Finance Corp., 2.526%, 04/21/08(b)		50,000		49,930
International Lease Finance Corp., 2.716%, 04/22/08(b)		50,000		49,921
International Lease Finance Corp., 3.057%, 06/11/08(b)		50,000		49,701
Intesa Funding LLC, 2.826%, 04/03/08(b)		25,000		24,996
Intesa Funding LLC, 2.515%, 06/13/08(b)		12,235		12,173
Intesa Funding LLC, 2.536%, 06/17/08(b)		62,100		61,765
John Deere Capital Corp., 2.818%, 05/01/08(b)(c)		45,000		44,895
JPMorgan Chase & Co., 2.617%, 06/09/08(b)		75,000		74,626
National Australian Funding, 2.838%, 04/11/08(b)(c)		25,000		24,980
National Australian Funding, 2.734%, 04/21/08(b)(c)		25,000		24,962

See Notes to Financial Statements.

157

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Prime Quality Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

National Australian Funding, 2.819%, 06/03/08(b)(c)		39,941		39,745
Nestle Capital Corp., 2.722%, 05/23/08(b)(c)		35,815		35,675
New Center Asset, 3.310%, 04/15/08(b)		75,000		74,904
New York Life Insurance Capital Corp., 2.736%, 04/03/08(b)(c)		43,590		43,583
Nordea North America, Inc., 5.006%, 04/01/08(b)		125,000		125,000
Nordea North America, Inc., 2.904%, 05/06/08(b)		50,000		49,860
Old Line Funding Corp., 3.229%, 04/03/08(b)(c)		61,726		61,715
Old Line Funding Corp., 3.001%, 04/08/08(b)(c)		50,000		49,971
Rabobank USA Finance Corp., 2.454%, 04/09/08(b)		23,417		23,404
Rabobank USA Finance Corp., 2.862%, 05/27/08(b)		75,000		74,669
San Paolo-IMI US Financial Co., 4.510%, 04/02/08(b)		75,000		74,991
San Paolo-IMI US Financial Co., 3.867%, 04/15/08(b)		50,000		49,926
Siemens Capital Co. LLC, 2.511%, 05/08/08(b)(c)		25,000		24,936
Societe Generale N.A., 3.949%, 04/15/08(b)		50,000		49,924
Swiss Re Financial Products Corp., 2.696%, 04/28/08(b)(c)		45,000		44,900
Swiss Re Financial Products Corp., 2.995%, 08/27/08(b)(c)		10,000		9,879
Variable Funding Capital Corp., 3.056%, 04/04/08(b)(c)		50,000		49,987
Wal-Mart Funding Corp., 2.704%, 04/16/08(b)(c)		75,000		74,918
Westpac Banking Corp., 4.554%, 04/07/08(b)(c)		50,000		49,963
Westpac Banking Corp., 3.094%, 05/05/08(b)(c)		25,000		24,928
Westpac Securitization Trust, 3.168%, 04/04/08(b)(c)		12,400		12,397

				2,441,380

Health Care (2.4%)
AstraZeneca PLC, 2.221%, 08/26/08(b)(c)		40,000		39,641
AstraZeneca PLC, 2.565%, 03/13/09(b)(c)		54,000		52,702
GlaxoSmithKline PLC, 4.587%, 04/25/08(b)(c)		75,000		74,775
Pfizer, Inc., 2.738%, 08/06/08(b)(c)		79,000		78,247

				245,365

Total Commercial Paper				4,298,097

Corporate Bonds (28.4%)
Automobile ABS (0.4%)
Nissan Auto Receivables Owner Trust, Ser 2007-B, Cl A1, 5.264%, 10/15/08		16,525		16,525
World Omni Auto Receivables Trust, Ser 2008-A A1, 2.922%, 03/17/09		22,000		22,000

				38,525

Banks (16.1%)
Alliance & Leicester PLC, 3.078%, 09/05/08(a)(c)		30,000		30,000
Allied Irish Banks PLC, 2.539%, 09/18/08(a)(c)		75,000		75,000
Bank of Ireland, 3.055%, 09/12/08(a)(c)		45,000		45,000
Bank of New York Co., Inc., 2.714%, 05/27/08(a)(c)		25,000		25,000
Bank of New York Co., Inc., 2.905%, 09/11/08(a)(c)		50,000		50,000
Bank of Nova Scotia, 2.600%, 09/26/08		73,000		73,005

See Notes to Financial Statements.

158

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Prime Quality Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Banks—continued

BNP Paribas, 3.132%, 08/07/08(a)		50,000		50,000
Credit Agricole SA, 2.569%, 07/22/08(a)(c)		50,000		50,000
Credit Suisse First Boston USA, Inc., 3.186%, 06/02/08(a)		58,000		58,013
Danske Bank, 3.084%, 09/19/08(a)(c)		50,000		50,000
Fortis Bank NY, 2.700%, 06/26/08		75,000		75,002
Fortis Bank NY, 3.864%, 07/18/08(a)(c)		50,000		50,000
HSBC Bank PLC, 2.750%, 06/18/08		26,000		26,011
Lloyds TSB Group PLC, 2.968%, 09/05/08(a)(c)		75,000		75,000
National Australia Bank Ltd., 3.075%, 09/05/08(a)(c)		75,000		75,000
PNC Bank N.A., 2.664%, 12/29/08(a)		90,000		89,807
Royal Bank of Canada, 3.109%, 09/30/08(a)(c)		75,000		75,000
Skandinaviska Enskilda Banken AB, 3.068%, 09/08/08(a)(c)		50,000		50,000
Skandinaviska Enskilda Banken AB, 4.854%, 09/19/08(a)(c)		50,000		50,000
Svenska Handelsbanken AB, 2.860%, 09/12/08(a)(c)		70,000		70,000
Toronto Dominion Bank, 2.610%, 10/20/08		50,000		50,099
U.S. Bank N.A., 2.880%, 05/23/08		50,000		50,000
U.S. Bank N.A., 2.740%, 08/19/08		100,000		100,000
UBS AG, 2.788%, 10/16/08(a)		75,000		75,000
Wachovia Bank N.A., 4.673%, 10/03/08(a)(c)		10,000		9,981
Wachovia Bank N.A., 3.625%, 02/17/09		30,000		30,026
Wells Fargo Bank N.A., 2.730%, 04/08/08		75,000		75,000
Wells Fargo Bank N.A., 2.530%, 04/30/08		75,000		75,000
Westpac Banking Corp., 2.818%, 09/15/08(a)(c)		60,000		60,000

				1,666,944

Computers (0.2%)
IBM Corp., 3.088%, 09/08/08, Callable 05/08/08 @ 100(a)(c)		25,000		25,000

Diversified Financial Services (11.4%)
American Honda Finance Corp., 4.525%, 04/10/08(a)(c)		75,000		75,000
American Honda Finance Corp., 2.340%, 05/12/08(a)(c)		50,000		50,000
American Honda Finance Corp., 2.818%, 04/02/09, MTN(a)(c)		50,000		50,000
Bear Stearns Co., Inc., 2.758%, 08/28/08(a)		115,000		115,000
General Electric Capital Corp., Ser A, 3.125%, 04/01/09, MTN		50,000		50,196
Goldman Sachs Group, Inc., 3.191%, 09/12/08(a)(c)		100,000		100,000
Goldman Sachs Group, Inc., 3.331%, 09/24/08(a)(c)		75,000		75,000
Lehman Brothers Holdings, Inc., Ser I, 2.685%, 09/26/08(a)		100,000		100,000
Merrill Lynch & Co., Inc., 3.058%, 08/22/08(a)		45,000		45,000
Merrill Lynch & Co., Inc., 2.915%, 09/17/08(a)		40,000		40,000
Merrill Lynch & Co., Inc., 2.739%, 09/23/08(a)		50,000		50,000
Merrill Lynch & Co., Inc., 3.191%, 10/03/08(a)		30,000		30,000
Morgan Stanley, 2.290%, 09/15/08(a)		48,500		48,500

See Notes to Financial Statements.

159

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Prime Quality Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued

Morgan Stanley, 2.943%, 09/15/08(a)		75,000		75,000
Procter & Gamble International Funding SCA, 3.140%, 02/19/09(a)		50,000		50,000
Toyota Motor Credit Corp., 2.460%, 02/12/09, MTN(a)		85,000		85,000
Toyota Motor Credit Corp., Ser B, 2.770%, 06/17/08, MTN(a)		37,800		37,832
Toyota Motor Credit Corp., Ser B, 1.540%, 04/14/08(a)		50,000		50,000
Unilever Capital Corp., 2.925%, 09/11/08(a)(c)		50,000		50,000

				1,176,528

Insurance (0.3%)
Lincoln National Corp., 2.918%, 08/15/08(a)(c)		35,000		35,000

Total Corporate Bonds				2,941,997

Master Notes (4.4%)
Banks (2.8%)
Bank of America Corp., 3.100%(a)(d)		285,635		285,635

Promissory Note (1.6%)
SunTrust Banks, Inc. Promissory Note, 5.400%, 06/30/08(e)		168,000		167,999

Total Master Notes				453,634

U.S. Government Agencies (3.4%)
Fannie Mae (0.8%)
4.178%, 04/10/08(b)		50,000		49,948
4.132%, 06/04/08(b)		32,782		32,546

				82,494

Federal Farm Credit Bank (0.4%)
3.375%, 07/15/08		41,500		41,387

Federal Home Loan Bank (1.0%)
3.875%, 08/22/08		11,200		11,178
2.902%, 11/04/08(a)		50,000		50,000
4.500%, 11/19/08, Callable 05/19/08 @ 100		47,000		47,000

				108,178

Freddie Mac (1.2%)
4.124%, 06/09/08(b)		49,400		49,017
2.814%, 07/21/08(b)		75,000		74,359

				123,376

Total U.S. Government Agencies				355,435

Repurchase Agreements (3.6%)
Banc of America Securities, 2.315%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $84,602 (collateralized by FNMA; DN, due 06/01/36; total market value $86,288)		84,596		84,596
BNP Paribas, 2.215%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $84,925 (collateralized by FHLB; DN, due 01/08/09; total market value $86,622)		84,920		84,920
Deutsche Bank, 2.465%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $14,239 (collateralized by FNMA; 5.500%, due 02/01/38; total market value $14,522)		14,238		14,238

See Notes to Financial Statements.

160

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Prime Quality Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Repurchase Agreements—continued

HSBC Securities, Inc., 2.315%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $129,926 (collateralized by FNMA; 5.500%, due 11/01/37-01/01/38; total market value $132,518)		129,918		129,918
Lehman Brothers, Inc., 2.415%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $14,356 (collateralized by FNMA; DN, due 01/01/36; total market value $14,643)		14,356		14,356
Morgan Stanley, 2.415%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $31,929 (collateralized by FNMA; 3.722%-7.150%, due 08/01/11-02/01/37; total market value $32,566)		31,927		31,927
UBS Warburg LLC, 2.465%, dated 03/31/08 repurchased on 04/01/08, repurchase price $13,233 (collateralized by U.S. Government Agencies; 4.000%-4.500%, due 09/15/18-12/15/23; total market value $13,499)		13,232		13,232

Total Repurchase Agreements				373,187

Money Market Funds (7.2%)
Dreyfus Cash Management		250,000,000		250,000
Federated Prime Cash Obligations Fund		250,000,000		250,000
Federated Prime Value Obligations Fund		250,000,000		250,000

Total Money Market Funds				750,000

Time Deposits (4.1%)
BNP Paribas, 3.000%(a)		225,335		225,335
Calyon, 3.000%(a)		199,392		199,392

Total Time Deposits				424,727

Total Investments (Cost $10,402,465)(f) — 100.4%				10,402,465
Liabilities in excess of other assets — (0.4)%				(40,207	)

Net Assets — 100.0%			$	10,362,258


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rate represents the effective yield at purchase.

(c)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 34.6% of net assets as of March 31, 2008.

(d)		Perpetual maturity.

(e)		Affiliate Investment. The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees.

(f)		Aggregate cost for federal income tax and financial reporting purposes is the same.


DN		— Discount Note

FHLB		— Federal Home Loan Bank

FNMA		— Federal National Mortgage Association

MTN		— Medium Term Note

See Notes to Financial Statements.

161

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Tax-Exempt Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (94.1%)
Alabama (1.3%)
Daphne-Villa Mercy Special Care Facilities Financing Authority, RB, 2.000%, 12/01/27, LOC: Amsouth Bank(a)		1,060		1,060
Lehman Municipal Trust Receipts, Various States, Alabama Housing Finance Authority, Ser 06-K77, RB, 2.250%, 04/01/38, Callable 10/01/15 @ 100, GNMA/FNMA/FHLMC(a)(b)		11,685		11,685
Lower Alabama Gas, District Gas Supply, Class A, RB, 2.260%, 11/01/09, LOC: Societe Generale(a)(b)		4,820		4,820
Marion Educational Building Authority, Judson College Project, RB, 2.200%, 01/01/33, LOC: SouthTrust Bank N.A.(a)		6,105		6,105
Stevenson Industrial Development Board, Environmental Improvement Revenue, Mead Corp. Project, RB, 1.930%, 11/01/16, LOC: JP Morgan Chase Bank(a)		5,000		5,000

				28,670

Alaska (0.8%)
Alaska State Housing Finance Corp., Governmental Purpose, University of Alaska, Ser A, RB, 1.850%, 12/01/27, LOC: GO of Corp.(a)		18,100		18,100

Arizona (0.3%)
Salt River Project Agricultural Improvement & Power District Electric System, Ser C, RB, 6.500%, 01/01/09		6,000		6,212

California (2.4%)
California Statewide Communities Development Authority Multifamily, Housing Mariners Pointe, Ser A, RB, 1.940%, 02/15/36, FNMA(a)		6,500		6,500
Desert Community College District, Ser 2171, GO, 2.180%, 08/01/27, Callable 08/01/17 @ 100, FSA(a)(b)		5,435		5,435
Los Angeles Regional Airports Improvement Corp., Sublease L.A. International, RB, 1.200%, 12/01/25, LOC: Societe Generale(a)		5,000		5,000
Putable Floating Option, Tax-Exempt Receipts, Ser PPT-4030, 2.200%, 08/01/32, FSA(a)(b)		19,940		19,940
San Mateo County Community College District, GO, 2.220%, 09/01/38, Callable 09/01/16 @ 100, LOC: Citibank N.A.(a)(b)		15,000		15,000

				51,875

See Notes to Financial Statements.

162

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Colorado (2.4%)
Colorado Educational & Cultural Facilities Authority, National Jewish BD Program, RB, 1.300%, 09/01/35, LOC: U.S. Bank N.A.(a)		28,700		28,700
Colorado Housing & Finance Authority, Multifamily Winridge Apartments, RB, 2.090%, 02/15/28, FNMA(a)		7,800		7,800
Colorado Housing & Finance Authority, St. Moritz Project, Ser H, RB, 2.000%, 10/15/16, FNMA(a)		6,115		6,115
Lehman Municipal Trust Receipts, Various States, GO, 2.250%, 10/01/22, LOC: Lehman Liquidity Co.(a)(b)		10,360		10,360

				52,975

Connecticut (0.5%)
Connecticut State Health & Educational Facilities Authority, Hoffman Summerwood Community, Ser B, RB, 1.830%, 07/01/37, LOC: TD BankNorth N.A.(a)		10,295		10,295

Delaware (0.1%)
Kent County Student Housing, Delaware State University Student Housing Foundation, Ser B, RB, 2.100%, 07/01/36, LOC: Wachovia Bank N.A.(a)		1,850		1,850

District of Columbia (1.4%)
District of Columbia, Center for Strategic & International Studies, Inc., RB, 2.140%, 03/01/38, LOC: PNC Bank N.A.(a)		6,730		6,730
District of Columbia, The Pew Charitable Trusts, Ser A, RB, 2.170%, 04/01/38, LOC: PNB Bank N.A.(a)		16,000		16,000
District of Columbia, The Phillips Collection Issue, RB, 2.100%, 08/01/33, LOC: Bank of America N.A.(a)		4,700		4,700
District of Columbia, Thurgood Marshall Center Trust, RB, 2.280%, 11/01/27, LOC: Branch Banking & Trust Co.(a)		3,095		3,095

				30,525

Florida (6.3%)
Dade County Industrial Development Authority, Dolphins Stadium Project, Ser C, RB, 1.940%, 01/01/16, LOC: Societe Generale(a)		5,100		5,100
De Soto County Industrial Development, Tremron Project, RB, 2.380%, 11/01/15, LOC: Branch Banking & Trust Co.(a)		3,200		3,200
Florida Housing Finance Corp., Multifamily, Cypress Lake Apartment, RB, 2.090%, 11/01/32, FHLMC(a)		3,340		3,340

See Notes to Financial Statements.

163

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Florida—continued

Florida Local Government Finance Commission, Ser A, 2.050%, 06/09/08		5,400		5,400
Florida State Board of Education, GO, 2.240%, 06/01/35, Callable 06/01/17 @ 101, LOC: Citibank N.A.(a)(b)		24,800		24,800
Gainesville Florida Utilities System, Ser C, RB, 5.000%, 10/01/08		3,000		3,031
Hillsborough County Industrial Development Authority, Independent Day School Project, RB, 2.150%, 09/01/26, LOC: Bank of America N.A.(a)		1,800		1,800
Manatee County, St. Stephens Upper School Project, RB, 2.100%, 11/01/25, LOC: Bank of America N.A.(a)		3,000		3,000
Miami-Dade County Industrial Development Authority, Gulliver Schools Project, RB, 2.120%, 09/01/29, LOC: Bank of America N.A.(a)		6,750		6,750
North Miami Health Care Facilities Revenue, Imperial Club Project, Ser A, RB, 6.750%, 01/01/33, Prerefunded 01/01/09 @ 103		16,800		17,861
Orlando Utilities Commission, Water & Sewer, Ser PT-2285, RB, 2.230%, 04/01/12, LOC: Dexia Credit Local(a)(b)		9,210		9,210
Palm Beach County, Caron Foundation of Florida, Inc. Project, RB, 2.150%, 01/01/28, LOC: Wachovia Bank N.A.(a)		9,500		9,500
Santa Rosa County Health Facilities Authority, Baptist Hospital, Inc. Project, RB, 2.100%, 10/01/21, LOC: Bank of America N.A.(a)		7,000		7,000
Sarasota County Health Facility Authority, Bay Village Project, RB, 2.120%, 12/01/23, LOC: Bank of America N.A.(a)		3,900		3,900
Sunshine State Governmental Financing Commission, Ser H, 2.200%, 06/05/08		15,000		15,000
USF Financing Corp., COP, RB, 2.000%, 07/01/37, LOC: Wachovia Bank N.A.(a)		18,000		18,000

				136,892

Georgia (3.3%)
Dekalb, Newton & Gwinnett Counties Joint Development Authority, GGC Real Estate Package I LLC, RB, 2.150%, 06/01/32, LOC: Wachovia Bank N.A.(a)		7,115		7,115

See Notes to Financial Statements.

164

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Georgia—continued

Dekalb, Newton & Gwinnett Counties Joint Development Authority, GPC Real Estate Student I, RB, 2.150%, 06/01/35, LOC: Wachovia Bank N.A.(a)		6,200		6,200
Fulton County Development Authority, Kings Ridge Christian School, RB, 2.280%, 05/01/26, LOC: Branch Banking & Trust Co.(a)		3,000		3,000
Georgia State Finance & Investment Commission, GO, 2.240%, 07/01/15, LOC: Citibank N.A.(a)(b)		6,350		6,350
Georgia State Finance & Investment Commission, Ser F, GO, 6.500%, 12/01/08		4,395		4,489
Northwestern Gwinnet County Facilities Corp. I, COP, RB, 2.250%, 06/15/29, LOC: Dexia Credit Local(a)(b)		2,790		2,790
Private Colleges & Universities Authority, Emory University, Ser B-1, RB, 1.950%, 09/01/35(a)		37,570		37,570
Toombs County Hospital Authority, Meadows Regional Medical Center Project, RB, 2.280%, 12/01/17, LOC: Branch Banking & Trust Co.(a)		4,000		4,000

				71,514

Hawaii (0.2%)
Honolulu City & County, Ser A, GO, 7.350%, 07/01/08		4,500		4,543

Illinois (6.3%)
Chicago O’Hare International Airport, General Airport 2nd Lien, Ser B, RB, 1.700%, 01/01/15, LOC: Societe Generale(a)		7,400		7,400
Chicago, Ser A, GO, 5.000%, 01/01/20, Prerefunded 01/01/09 @ 101, FGIC		7,220		7,407
Illinois Development Finance Authority, RB, 2.250%, 07/15/23, LOC: Citigroup Financial Products(a)(b)		13,930		13,930
Illinois Educational Facilities Authority, Chicago Children’s Museum Project, RB, 3.500%, 02/01/28, LOC: JP Morgan Chase Bank(a)		1,600		1,600
Illinois Educational Facilities Authority, Museum of Science & Industry Project, RB, 2.250%, 11/01/15, LOC: Northern Trust Co.(a)		3,600		3,600
Illinois Educational Facilities Authority, RB, 2.100%, 07/01/29, LOC: Bank of America(a)		11,500		11,500
Illinois Finance Authority, Alexian Brothers Health Project, RB, 1.950%, 04/01/35, LOC: JP Morgan Chase Bank(a)		37,600		37,600

See Notes to Financial Statements.

165

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Illinois—continued

Illinois Finance Authority, Resurrection Health, Ser C, RB, 2.070%, 05/15/35, LOC: Lasalle Bank N.A.(a)		32,875		32,875
Illinois Finance Authority, Ser B, RB, 1.320%, 05/15/35, LOC: JP Morgan Chase Bank(a)		5,000		5,000
Illinois Health Facilities Authority, Ser 2016, RB, 2.310%, 07/01/29, Callable 07/01/12 @ 100, LOC: Morgan Stanley Dean Witter(a)(b)		2,500		2,500
Illinois State, Merlots Project, Ser B04, GO, 2.300%, 12/01/24, Callable 01/01/12 @ 100, FSA(a)(b)		7,205		7,205
Jackson-Union Counties Regional Port District, Port Facilities, Enron Transportation Services, RB, 2.000%, 04/01/24, LOC: Wachovia Bank N.A.(a)		5,225		5,225

				135,842

Indiana (2.2%)
Indiana Development Finance Authority, Christel House Project, RB, 2.250%, 02/01/23, LOC: Fifth Third Bank(a)		5,680		5,680
Indiana Development Finance Authority, Indiana Historical Society Project, RB, 2.150%, 08/01/31, LOC: JP Morgan Chase Bank(a)(b)		1,200		1,200
Indiana Development Finance Authority, Indianapolis Museum of Art, RB, 2.150%, 02/01/37, LOC: JP Morgan Chase Bank(a)		20,300		20,300
Marion Economic Development, Wesleyan University Project, RB, 2.100%, 06/01/36, LOC: Bank of America N.A.(a)		10,000		10,000
Purdue University, Ser PT-3817, RB, 2.230%, 07/01/29, LOC: Dexia Credit Local(a)(b)		9,960		9,960

				47,140

Iowa (0.2%)
Iowa Higher Education Loan Authority, Private College-Graceland Project, RB, 2.150%, 02/01/33, LOC: Bank of America N.A.(a)		3,400		3,400

Kansas (0.2%)
Kansas State Department of Transportation Highway, RB, 2.240%, 09/01/17, LOC: Citibank N.A.(a)(b)		5,000		5,000

Kentucky (2.1%)
Campbell County Industrial Building, Hospital Imaging Co., Inc. Project, RB, 2.270%, 04/01/20, LOC: Fifth Third Bank(a)		2,560		2,560

See Notes to Financial Statements.

166

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Kentucky—continued

Christian County Association of County Leasing Trust Lease Program, Ser A, RB, 1.300%, 04/01/37, LOC: U.S. Bank N.A.(a)		24,190		24,190
Kentucky Public Energy Authority, Gas Supply, Ser A, RB, 1.180%, 08/01/16, LOC: Societe Generale(a)		19,800		19,800

				46,550

Louisiana (0.5%)
Louisiana Public Facilities Authority, Multifamily Housing Riverview, RB, 2.090%, 04/01/36, FHLMC(a)		10,900		10,900

Maryland (2.8%)
Maryland Health & Higher Educational Facilities Authority, Ser B, 1.150%, 04/02/08		25,945		25,945
Maryland State Department of Transportation, Consolidated Transportation, Ser D56, RB, 2.250%, 02/15/23, Callable 02/15/18 @ 100, LOC: Wachovia Bank N.A.(a)(b)		10,165		10,165
Maryland State Economic Development Corp., YMCA of Central Maryland, Inc. Project, RB, 2.280%, 04/01/28, LOC: Branch Banking & Trust Co.(a)		3,700		3,700
Maryland State Health & Higher Education Facilities Authority, Mercy Medical Center, RB, 1.880%, 07/01/35, LOC: Bank of America N.A.(a)		20,000		20,000

				59,810

Massachusetts (1.4%)
Massachusetts School Building Authority, 2.650%, 07/01/08, LOC: Bank of Nova Scotia		25,315		25,315
Massachusetts State Development Finance Agency, Smith College, RB, 2.100%, 07/01/37, LOC: Morgan Stanley Dean Witter(a)		5,560		5,560

				30,875

Michigan (1.7%)
Detroit City School District, Ser 1311, GO, 2.290%, 05/01/13, FSA(a)(b)		11,625		11,625
Michigan State Building Authority, 2.250%, 05/22/08, LOC: Bank of New York		26,065		26,065

				37,690

Minnesota (1.5%)
Minneapolis Minnesota Housing Development, Symphony Place Project, RB, 2.090%, 12/01/14, FHLMC(a)		9,010		9,010
Rochester Minnesota Health Care, 1.000%, 08/14/08, LOC: Rabobank		10,000		10,000
University of Minnesota, 1.250%, 04/02/08		12,500		12,500

				31,510

See Notes to Financial Statements.

167

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Mississippi (0.9%)
Mississippi Hospital Equipment & Facilities Authority, North Mississippi Health Services, Ser 1, RB, 2.050%, 05/15/30, LOC: Citibank N.A.(a)		20,400		20,400

Missouri (0.9%)
Missouri Development Finance Board, Ser 06-A, 1.750%, 04/29/08, LOC: U.S. Bank N.A.		10,814		10,814
Missouri Development Finance Board, Ser 06-A, 1.750%, 04/29/08, LOC: U.S. Bank N.A.		8,497		8,497

				19,311

Nebraska (0.9%)
Central Plains Energy Project, Gas Project, Ser 1791, RB, 2.210%, 12/01/26, LOC: Morgan Stanley Dean Witter(a)(b)		18,500		18,500

Nevada (4.4%)
Clark County Nevada School District, Ser A, GO, 5.000%, 06/15/08		5,485		5,505
Las Vegas C&V Authority, 1.000%, 04/03/08		18,500		18,500
Las Vegas Valley Water, 2.300%, 04/02/08, LOC: BNP Paribas		30,000		30,000
Las Vegas Valley Water, 1.000%, 04/03/08		23,000		23,000
Las Vegas, Ser C, GO, 1.000%, 06/01/36, LOC: Lloyds TSB Bank PLC(a)		1,550		1,550
Washoe County, Ser PT-3452, RB, 2.340%, 12/01/35, LOC: Dexia Credit Local(a)(b)		16,000		16,000

				94,555

New Jersey (0.5%)
New Jersey State Turnpike Authority, Ser PT-2843, RB, 2.210%, 01/01/30, FSA(a)(b)		10,480		10,480

New York (1.8%)
Metropolitan Transportation Authority, Ser G, RB, 1.010%, 11/01/26, LOC: BNP Paribas(a)		14,900		14,900
New York City Transitional Finance Authority, Ser 3, Subser 3C, RB, 1.800%, 11/01/22, LOC: Dexia Credit Local(a)		905		905
New York State Housing Finance Agency, Barclay Street, Ser A, RB, 2.020%, 11/15/37, FNMA(a)		10,000		10,000
New York, SubSer D3, GO, 1.750%, 12/01/32, LOC: Calyon Bank(a)		13,700		13,700

				39,505

North Carolina (4.9%)
Charlotte-Mecklenburg Hospital Authority Health Care System, Ser D, RB, 2.100%, 01/15/43, FSA(a)		20,000		20,000
Forsyth County, Communications System Project, COP, 2.280%, 10/01/12, LOC: Wachovia Bank N.A.(a)		6,425		6,425

See Notes to Financial Statements.

168

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
North Carolina—continued

Guilford County Industrial Facilities & Pollution Control Financing, YMCA of Greensboro, Inc. Project, RB, 2.280%, 02/01/23, LOC: Branch Banking & Trust Co.(a)		4,000		4,000
North Carolina Capital Facilities Finance Agency, Educational Facilities, High Point University Project, RB, 2.280%, 12/01/29, LOC: Branch Banking & Trust Co.(a)		6,100		6,100
North Carolina Capital Facilities Finance Agency, Educational Facilities, Mars Hill College, RB, 2.100%, 01/15/28, LOC: Wachovia Bank N.A.(a)		5,100		5,100
North Carolina Capital Facilities Finance Agency, St. Mary’s School, RB, 2.100%, 09/01/27, LOC: Wachovia Bank N.A.(a)		8,000		8,000
North Carolina Educational Facilities Finance Agency, Davidson College, Ser B, RB, 2.130%, 12/01/20(a)		4,820		4,820
North Carolina Medical Care Commission, Health Care Facilities, Friends Homes Project, RB, 2.100%, 09/01/33, LOC: Bank of America N.A.(a)		6,475		6,475
North Carolina Medical Care Commission, Health Care Facilities, Lutheran Services for the Aging Project, RB, 2.250%, 03/01/28, LOC: Branch Banking & Trust Co.(a)		15,665		15,665
North Carolina Medical Care Commission, North Carolina Baptist Hospitals Project, Ser B, RB, 2.000%, 06/01/22, LOC: Wachovia Bank of North Carolina(a)		1,200		1,200
North Carolina Medical Care Commission, Westcare Health Systems Obligation, Ser A, RB, 2.280%, 09/01/22, LOC: Branch Banking & Trust Co.(a)		4,485		4,485
North Carolina State, GO, 5.000%, 05/01/08		5,000		5,009
North Carolina State, GO, 5.000%, 03/01/09		10,320		10,600
Wake County, Public Improvement, Ser C, GO, 2.070%, 04/01/19, LOC: Lloyds TSB Bank PLC(a)		7,585		7,585

				105,464

Ohio (2.8%)
Ohio State Higher Educational Facility Commission, Pooled Financing Project, RB, 3.600%, 09/01/18, LOC: Fifth Third Bank(a)		2,110		2,110

See Notes to Financial Statements.

169

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Ohio—continued

Ohio State Higher Educational Facility, Oberlin College Project, Ser A, RB, 1.800%, 10/01/29, LOC: JP Morgan Chase Bank(a)		13,360		13,360
Ohio State University, 1.240%, 04/02/08		13,965		13,965
Ohio State University, 0.950%, 04/03/08		12,000		12,000
Ohio State, Water Development Authority, 1.850%, 07/01/08		12,500		12,500
Rickenbacker Port Authority, YMCA of Central Ohio Project, RB, 2.250%, 05/01/22, LOC: Fifth Third Bank(a)		6,700		6,700

				60,635

Oregon (1.3%)
Klamath Falls Oregon Electric Revenue, RB, 5.750%, 01/01/13, Prerefunded 01/01/09 @ 102		28,000		29,031

Pennsylvania (5.2%)
Adams County Industrial Development Authority, Brethren Home Community Project, RB, 2.280%, 06/01/32, LOC: PNC Bank N.A.(a)		8,000		8,000
Beaver County Industrial Development Authority, Pollution Control, FirstEnergy Nuclear Generation Corp., Ser B, RB, 1.970%, 12/01/35, LOC: Wachovia Bank N.A.(a)		28,740		28,740
Delaware County Industrial Development Authority, Airport Facilities, United Parcel Service Project, RB, 1.070%, 12/01/15(a)		13,300		13,300
Doylestown Hospital Authority Revenue, Ser B, RB, 2.060%, 07/01/22, LOC: PNC Bank N.A.(a)		11,700		11,700
Montgomery County Industrial Development Authority, Philadelphia Presbyterian Homes, Inc., Ser A, RB, 2.100%, 07/01/35, LOC: Wachovia Bank N.A.(a)		14,740		14,740
Pennsylvania State Public School Building Authority, Merlots Project, Ser D53, RB, 2.300%, 06/01/26, Callable 12/01/16 @ 100, FSA(a)(b)		19,960		19,960
Philadelphia Authority for Industrial Development, Chemical Heritage Foundation Project, RB, 2.130%, 07/01/27, LOC: Wachovia Bank N.A.(a)		8,380		8,380
Philadelphia School District, Tax & Revenue Anticipation Notes, Ser A, GO, 4.500%, 06/27/08, LOC: Bank of America N.A.		7,000		7,013

				111,833

See Notes to Financial Statements.

170

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Rhode Island (1.2%)
Rhode Island State & Providence Plantations, Tax Anticipation Notes, GO, 3.750%, 06/30/08		25,000		25,047

South Carolina (3.5%)
Greenville County School District, Ser B, GO, 4.000%, 06/02/08, SCSDE		10,280		10,291
Greer Combined Utility System Revenue, Ser A 30, RB, 3.750%, 09/01/32, AMBAC(a)		19,500		19,500
South Carolina Educational Facilities Authority for Private Nonprofit Institutions, Claflin University, RB, 2.100%, 10/01/33, LOC: Bank of America N.A.(a)		4,940		4,940
South Carolina Educational Facilities Authority, Charleston Southern University Project, RB, 2.100%, 04/01/28, LOC: Bank of America N.A.(a)		5,255		5,255
South Carolina Educational Facilities Authority, Newberry College Project, RB, 2.280%, 09/01/35, LOC: Branch Banking & Trust Co.(a)		9,300		9,300
South Carolina Jobs-Economic Development Authority, USC Development Foundation Project, RB, 2.280%, 12/01/10, LOC: Branch Banking & Trust Co.(a)		6,000		6,000
South Carolina Jobs-Economic Development Authority, YMCA of Beaufort County Project, RB, 2.280%, 12/01/24, LOC: Branch Banking & Trust Co.(a)		3,170		3,170
South Carolina State, Capital Improvement, Ser A, GO, 5.000%, 01/01/09		5,000		5,076
South Carolina State, GO, 2.240%, 01/01/12, LOC: State Aid Withholding(a)(b)		8,000		8,000
University of South Carolina Development Foundation, RB, 2.280%, 12/01/10, LOC: Branch Banking & Trust Co.(a)		4,000		4,000

				75,532

Tennessee (8.3%)
BB&T Municipal Trust, Various States, Ser 2059, RB, 2.270%, 04/01/42, Callable 04/01/17 @ 100, FSA(a)(b)		15,940		15,940
Bristol Health & Educational Facilities Board, King College Project, RB, 2.100%, 05/01/21, LOC: Bank of America N.A.(a)		5,800		5,800
Chattanooga Industrial Development Board, Tennessee Aquarium Project, RB, 2.100%, 04/01/24, LOC: Bank of America N.A.(a)		4,950		4,950

See Notes to Financial Statements.

171

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Tennessee—continued

Clarksville Public Building Authority, RB, 2.100%, 10/01/25, LOC: Bank of America N.A.(a)		17,160		17,160
Johnson City Health & Educational Facilities Board Hospital, Ser A, RB, 1.830%, 07/01/38, LOC: Regions Bank(a)		40,000		40,000
Loudon Industrial Development Board, Pollution Control, A.E. Staley Manufacturing Co. Project, RB, 2.130%, 06/01/23, LOC: Wachovia Bank N.A.(a)(b)		8,100		8,100
Metropolitan Government of Nashville & Davidson County, Ser A, 2.850%, 04/03/08		10,000		10,000
Metropolitan Government, Nashville & Davidson County Health & Educational Facilities Board, Nashville Christian School Project, RB, 2.200%, 09/01/23, LOC: SouthTrust Bank N.A.(a)		1,355		1,355
Metropolitan Government, Nashville & Davidson County Health & Educational Facilities Board, Timberlake Project, RB, 2.050%, 08/15/32, FNMA(a)		8,050		8,050
Shelby County Health Educational & Housing Facilities Board, Multifamily Housing, Providence Plantations Apartments Project, RB, 2.090%, 12/15/42, FNMA(a)		9,945		9,945
Tennessee Energy Acquisition Corp., Gas, RB, 2.240%, 09/01/22, LOC: Citibank N.A.(a)(b)		6,235		6,235
Tennessee State, 0.900%, 06/03/08		4,886		4,886
Vanderbilt University, Ser A, 2.250%, 04/01/08		15,660		15,660
Vanderbilt University, Ser A, 1.900%, 06/04/08		30,850		30,850

				178,931

Texas (12.7%)
Alamo Heights Higher Educational Facilities Corp., Higher Educational, University Incarnate, Ser A, RB, 2.100%, 04/01/19, LOC: JP Morgan Chase Bank(a)		10,675		10,675
Alvin Independent School District, Merlots Project, Ser D52, GO, 2.300%, 02/15/26, PSF-GTD(a)(b)		10,070		10,070
Bell County Health Facility Development Corp., Buckner Retirement Services, Inc., RB, 5.250%, 11/15/28, Prerefunded 11/15/08 @ 101		2,290		2,344

See Notes to Financial Statements.

172

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Texas—continued

Brazos Harbor Industrial Development Corp., Port Facilities, American Rice, Inc. Project, Ser A, RB, 2.200%, 12/01/25, LOC: HSBC Bank USA N.A.(a)		13,300		13,300
Dallas, GO, 5.000%, 02/15/09		2,945		3,028
Gulf Coast Waste Disposal Authority, Pollution Control, RB, 0.900%, 10/01/17(a)		38,625		38,625
Harris County, 1.850%, 07/10/08, LOC: Dexia Bank		8,000		8,000
Harris County Health Facilities Development Corp., Methodist Hospital, Ser A, RB, 2.070%, 12/01/32(a)		40,000		40,000
Harris County Texas, 2.050%, 06/09/08		10,900		10,900
Houston Higher Education Finance Corp., Rice University Project, Ser B, RB, 1.950%, 11/15/29, LOC: JP Morgan Chase Bank(a)		18,055		18,055
Lehman Municipal Trust Receipts, Dallas Independent School District, Ser 06-P86, GO, 2.330%, 08/15/29, Callable 08/15/14 @ 100, PSF-GTD(a)(b)		4,905		4,905
Lower Colorado River Authority, Merlots Project, Ser ZZZ, RB, 2.300%, 01/01/28, FSA(a)(b)		3,500		3,500
Lower Colorado River Authority, Ser RR, RB, 2.300%, 01/01/28, FSA(a)(b)		2,500		2,500
Midlothian Industrial Development Corp., Pollution Control, Box-Crow Cement Co., RB, 2.000%, 12/01/09, LOC: UBS AG(a)		10,000		10,000
North Texas Tollway Authority, RB, 4.125%, 11/19/08, Callable 04/24/08 @ 100		40,000		40,000
Texas Municipal Gas Acquisition & Supply Corp. II, Gas Supply, RB, 2.310%, 09/15/27, LOC: Dexia Credit Local(a)(b)		48,000		48,000
United Independent School District, Ser D-53, GO, 2.300%, 08/15/26, Callable 08/15/15 @ 100, PSF-GTD(a)(b)		10,725		10,725

				274,627

Virginia (4.0%)
Chesapeake Bay Bridge & Tunnel District, Ser A, RB, 2.280%, 05/28/21, LOC: Branch Banking & Trust Co.(a)		6,700		6,700
Fairfax County Economic Development Authority, Public Broadcasting Services Project, RB, 2.050%, 07/01/40, LOC: Bank of America N.A.(a)		7,500		7,500
Henrico County Economic Development Authority, Residential Care Facility, Westminister Canterbury, RB, 2.280%, 10/01/37, LOC: Branch Banking & Trust Co.(a)		1,000		1,000

See Notes to Financial Statements.

173

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Henrico County Economic Development Authority, Residential Care Facility, Westminister Centerbury, Ser B, RB, 2.100%, 10/01/35, LOC: Branch Banking & Trust Co.(a)		7,670		7,670
Lexington Industrial Development Authority, Educational Facilities, Virginia Military Institute Development Board, Inc. Project, 1.200%, 12/01/36, LOC: Wachovia Bank N.A.(a)		4,460		4,460
Louisa County Industrial Development Authority, University of Virginia Health Services Foundation Project, RB, 2.250%, 10/01/30, LOC: First Union National Bank(a)		3,000		3,000
Virginia Beach Development Authority, Wesleyan College Project, RB, 2.100%, 07/01/33, LOC: Bank of America N.A.(a)		14,570		14,570
Virginia Commonwealth University Health System Authority, Ser A, RB, 1.180%, 07/01/37, LOC: Branch Banking & Trust Co.(a)		22,500		22,500
Virginia Commonwealth University Health System Authority, Ser B, RB, 1.200%, 07/01/37, LOC: Branch Banking & Trust Co.(a)		14,250		14,250
Virginia Small Business Financing Authority, Children’s Hospital of Kings, RB, 2.080%, 01/01/36, LOC: Wachovia Bank N.A.(a)		4,155		4,155

				85,805

Washington (1.9%)
King County School District No. 412 Shoreline, Ser D58, GO, 2.300%, 12/01/23, Callable 06/01/16 @ 100, FSA(a)(b)		12,175		12,175
Seattle Certificates, Ser 348, GO, 2.210%, 12/15/28, Callable 12/15/08 @ 100, LOC: Morgan Stanley Dean Witter(a)(b)		4,495		4,495
Seattle Municipal Light & Power, RB, 1.800%, 11/01/15, LOC: JP Morgan Chase Bank(a)		4,600		4,600
Seattle Municipal Light & Power, Ser A, RB, 1.800%, 05/01/16, LOC: JP Morgan Chase Bank(a)		3,000		3,000
Snohomish County Housing Authority, Autumn Chase Apartments Project, RB, 2.100%, 07/01/36, LOC: Bank of America N.A.(a)		4,715		4,715

See Notes to Financial Statements.

174

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Tax-Exempt Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Washington—continued

Washington Public Power Supply System, Nuclear Power Project No. 1, Ser 1A-1, RB, 2.000%, 07/01/17, LOC: Bank of America N.A.(a)		3,150		3,150
Washington State Housing Finance Commission, Nonprofit Housing, Rockwood Retirement Program, RB, 1.140%, 01/01/30, LOC: Wells Fargo Bank N.A.(a)		9,000		9,000

				41,135

Other (1.0%)
Eagle Tax-Exempt Trust, Ser 991301, GO, 2.280%, 06/01/25, FSA(a)(b)		9,900		9,900
Lehman Municipal Trust Receipts, Ser 06-P60, RB, 2.050%, 01/01/25, Lehman Liquidity Co.(a)(b)		12,620		12,620

				22,520

Total Municipal Bonds				2,035,479

Money Market Funds (6.7%)
Dreyfus Municipal Money Market Fund, Inc.		25,000,000		25,000
Federated Tax-Free Obligations Fund		50,903,007		50,903
Fidelity Tax Free Fund		10,000,000		10,000
Goldman Sachs Financial Square Tax Free Money Market Fund		59,530,695		59,531

Total Money Market Funds				145,434

Total Investments (Cost $2,180,913)(c) — 100.8%				2,180,913
Liabilities in excess of other assets — (0.8)%				(17,008	)

Net Assets — 100.0%			$	2,163,905


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 18.20% of net assets as of March 31, 2008.

(c)		Aggregate cost for federal income tax and financial reporting purposes is the same.


AMBAC		— Security insured by American Municipal Bond Assurance Corporation

COP		— Certificate of Participation

FGIC		— Security insured by Financial Guaranty Insurance Company

FHLMC		— Security insured by Federal Home Loan Mortgage Corporation

FNMA		— Security insured by Federal National Mortgage Association

FSA		— Security insured by Financial Security Assurance

GNMA		— Security insured by Government National Mortgage Association

GO		— General Obligation

LOC		— Letter of Credit

PSF-GTD		— Permanent School Fund Guarantee Program

RB		— Revenue Bond

SCSDE		— Security insured by South Carolina School Discount Enhancement

See Notes to Financial Statements.

175

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

U.S. Government Securities Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
U.S. Government Agencies (24.5%)
Farmer Mac (0.4%)
2.500%, 04/01/09, Callable 10/01/08 @ 100		10,000		10,000

Fannie Mae (5.0%)
2.609%, 04/18/08(a)		50,000		49,939
3.844%, 05/23/08(a)		15,000		14,918
2.633%, 06/13/08(a)		21,130		21,018
2.545%, 06/30/08(a)		21,000		20,868
3.250%, 08/15/08		5,000		4,977
5.125%, 09/02/08		5,720		5,752
3.495%, 12/26/08(a)		5,720		5,575

				123,047

Federal Farm Credit Bank (1.5%)
3.375%, 07/15/08		4,000		3,989
4.250%, 10/10/08		13,325		13,432
2.416%, 11/26/08(b)		17,500		17,500

				34,921

Federal Home Loan Bank (13.1%)
2.656%, 04/02/08(a)		56,435		56,431
2.656%, 04/04/08(a)		42,000		41,991
2.133%, 04/18/08(a)		9,052		9,043
4.400%, 04/23/08		13,200		13,200
4.380%, 04/28/08		25,000		25,012
2.725%, 05/07/08(a)		10,000		9,973
2.542%, 05/09/08(a)		31,000		30,917
2.739%, 05/14/08(a)		25,000		24,919
2.925%, 06/18/08(a)		9,750		9,689
4.500%, 08/08/08		18,520		18,532
3.875%, 08/22/08		5,600		5,589
2.650%, 09/17/08(b)		9,150		9,148
4.375%, 10/03/08		4,840		4,833
4.625%, 10/10/08		17,785		17,792
4.375%, 10/29/08		10,900		10,902
2.902%, 11/04/08(b)		14,700		14,700
4.500%, 11/19/08, Callable 05/19/08 @ 100		16,300		16,300

				318,971

Freddie Mac (4.5%)
2.458%, 04/25/08(a)		10,000		9,984
3.853%, 05/28/08(a)		20,000		19,880
2.182%, 06/13/08(a)		35,000		34,846
2.814%, 07/21/08(a)		9,750		9,667
2.680%, 02/13/09, Callable 08/13/08 @ 100		25,000		25,000
2.805%, 02/13/09, Callable 05/13/08 @ 100		12,500		12,500

				111,877

Total U.S. Government Agencies				598,816

Repurchase Agreements (70.7%)
ABN AMRO Bank N.V., 2.215%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $329,634 (collateralized by U.S. Government Agencies; 3.500%-7.125%, due 06/09/10-02/01/36; total market value $336,206)		329,614		329,614
Banc of America Securities, 2.315%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $155,496 (collateralized by FNMA; 5.000%, due 07/01/35; total market value $158,596)		155,486		155,486
BNP Paribas, 2.215%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $253,355 (collateralized by U.S. Government Agency; DN, due 01/08/09; total market value $258,406)		253,339		253,339

See Notes to Financial Statements.

176

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
U.S. Government Securities Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Repurchase Agreements—continued

Deutsche Bank, 2.465%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $143,837 (collateralized by U.S. Government Securities; 4.234%-7.000%, due 02/01/36-03/01/38; total market value $146,704)		143,827		143,827
HSBC Securities, Inc., 2.315%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $314,119 (collateralized by U.S. Government Agencies; 5.500%, due 12/01/37-01/01/38; total market value $320,382)		314,099		314,099
Lehman Brothers, Inc., 2.415%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $167,558 (collateralized by U.S. Government Agencies; DN, due 03/01/17-07/01/37; total market value $170,898)		167,547		167,547
Morgan Stanley, 2.415%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $212,803 (collateralized by U.S. Government Agencies; DN-9.000%, due 04/01/09-07/01/38; total market value $217,045)		212,788		212,788
UBS Warburg LLC, 2.465%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $148,995 (collateralized by U.S. Government Agencies; DN-8.500%, due 01/25/14-11/15/37; total market value $151,969)		148,985		148,985

Total Repurchase Agreements				1,725,685

Money Market Funds (4.9%)
Federated Government Obligations Money Market Fund(b)		60,000,000		60,000
Federated Government Obligations Tax-Managed Fund(b)		60,000,000		60,000

Total Money Market Funds				120,000

Total Investments (Cost $2,444,501)(c) — 100.1%				2,444,501
Liabilities in excess of other assets — (0.1)%				(2,557	)

Net Assets — 100.0%			$	2,441,944


(a)		Rate represents the effective yield at purchase.

(b)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(c)		Aggregate cost for federal income tax and financial reporting purposes is the same.


DN		— Discount Note

FNMA		— Federal National Mortgage Association

See Notes to Financial Statements.

177

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

U.S. Treasury Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
U.S. Treasury Obligations (28.6%)
U.S. Treasury Bills (28.6%)
0.800%, 04/10/08(a)		37,602		37,595
1.211%, 04/15/08(a)		50,000		49,977
1.614%, 04/16/08(a)		115,000		114,920
1.461%, 04/17/08(a)		12,602		12,594
1.341%, 04/21/08(a)		57,664		57,621
1.281%, 04/24/08(a)		62,602		62,550
2.625%, 05/15/08		11,100		11,100
1.556%, 09/04/08(a)		5,775		5,736

Total U.S. Treasury Obligations				352,093

Repurchase Agreements (80.5%)
ABN AMRO Bank N.V., 1.350%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $66,794 (collateralized by U.S. Treasury Obligations; 6.000%-8.000%, due 11/15/21-02/15/26; total market value $68,128)		66,791		66,791
Bank of America Securities, 1.250%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $75,861 (collateralized by U.S. Treasury Obligations; 4.625%-4.750%, due 02/28/09-11/15/09; total market value $77,377)		75,859		75,859
BNP Paribas, 1.000%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $167,783 (collateralized by U.S. Treasury Obligations; 1.625%-2.500%, due 03/31/13-01/15/15; total market value $171,135)		167,778		167,778
Deutsche Bank AG, 1.400%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $1,025 (collateralized by U.S. Treasury Obligation; 4.250%, due 09/30/12; total market value $1,046)		1,025		1,025
Dresdner Bank AG, 1.050%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $124,712 (collateralized by U.S. Treasury Obligations; 1.750%-2.375%, due 03/31/10-01/01/18; total market value $125,329)		124,708		124,708
Greenwich Capital Markets, Inc., 1.400%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $241,155 (collateralized by U.S. Treasury Obligations; 2.500%, due 03/31/13; total market value $245,971)		241,146		241,146
HSBC Securities, Inc., 1.500%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $238,301 (collateralized by U.S. Treasury Obligations; 2.500%-5.125%, due 02/28/11-02/15/14; total market value $243,060)		238,291		238,291

See Notes to Financial Statements.

178

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
U.S. Treasury Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Repurchase Agreements—continued

Lehman Brothers, Inc., 1.000%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $1,226 (collateralized by U.S. Treasury Obligations; 6.250%, due 08/15/11; total market value $1,253)		1,226		1,226
Morgan Stanley, 1.450%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $36,959 (collateralized by U.S. Treasury Obligation; DN, due 08/05/11; total market value $37,697)		36,958		36,958
UBS Warburg LLC, 1.350%, dated 03/31/08 to be repurchased on 04/01/08, repurchase price $37,242 (collateralized by U.S. Treasury Obligations; 4.375%-7.875%, due 02/15/21-02/15/38; total market value $37,990)		37,241		37,241

Total Repurchase Agreements				991,023

Money Market Fund (0.4%)
Federated Treasury Obligations Fund		5,215,016		5,215

Total Money Market Fund				5,215

Total Investments (Cost $1,348,331)(b) — 109.5%				1,348,331
Liabilities in excess of other assets — (9.5)%				(116,537	)

Net Assets — 100.0%			$	1,231,794


(a)		Rate represents the effective yield at purchase.

(b)		Aggregate cost for federal income tax and financial reporting purposes is the same.


DN		— Discount Note

See Notes to Financial Statements.

179

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)

Virginia Tax-Free Money Market Fund


	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (89.5%)
Virginia (89.0%)
Albemarle County Industrial Development Authority, University of Virginia Health Services Project, RB, 2.130%, 10/01/22, LOC: Wachovia Bank N.A.(a)		5,475		5,475
Alexandria Industrial Development Authority, American Red Cross Project, RB, 2.180%, 01/01/09, LOC: First Union National Bank(a)		590		590
Alexandria Industrial Development Authority, Association for Supervision & Currency Project, RB, 2.130%, 07/01/23, LOC: Wachovia National Bank N.A.(a)(b)		1,230		1,230
Alexandria Industrial Development Authority, Educational Facilities, Alexandria County Day School Project, RB, 2.170%, 06/01/25, LOC: First Union National Bank(a)		3,930		3,930
Alexandria Industrial Development Authority, Pooled Loan Program, Ser A, RB, 2.100%, 07/01/26, LOC: Bank of America N.A.(a)		3,000		3,000
Arlington County Industrial Development Authority, Multifamily Housing, Woodbury Park Apartments, Ser A, RB, 5.350%, 07/01/18, Prerefunded 07/01/08 @ 102		1,000		1,024
Arlington County Industrial Development Authority, Multifamily Housing, Woodbury Park Apartments, Ser A, RB, 5.450%, 01/01/29, Prerefunded 07/01/08 @ 102		1,300		1,332
Arlington County, Ballston Public Parking Project, RB, 2.100%, 08/01/17, LOC: Citibank N.A.(a)		6,150		6,150
Ashland Industrial Development Authority, Health & Community Services Facilities, YMCA Greater Richmond Project, Ser A, RB, 2.130%, 11/01/20, LOC: Wachovia Bank N.A.(a)(b)		8,040		8,040
Charlottesville Industrial Development Authority, Educational Facilities, University of Virginia Foundation Projects, Ser A, RB, 2.080%, 12/01/37, LOC: Wachovia Bank N.A.(a)		10,900		10,900
Charlottesville Industrial Development Authority, Educational Facilities, University of Virginia Foundation Projects, Ser B, RB, 2.050%, 12/01/37, LOC: Wachovia Bank N.A.(a)		2,700		2,700
Charlottesville Industrial Development Authority, Seminole, Ser A, RB, 2.300%, 12/01/13, Callable 05/05/08 @ 100, LOC: Branch Banking & Trust Co.(a)		3,220		3,220

See Notes to Financial Statements.

180

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Tax-Free Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Chesapeake, GO, 5.000%, 06/01/08		1,000		1,005
Chesterfield County Economic Development Authority, Bon Secours Health Systems, Ser C1, RB, 2.050%, 11/01/42, FSA(a)		13,100		13,100
Clarke County Industrial Development Authority, Educational Facilities, Powhatan School District Project, RB, 2.280%, 09/01/22, LOC: Branch Banking & Trust Co.(a)		1,335		1,335
Clarke County Industrial Development Authority, Hospital Facilities, Winchester Medical Center Project, RB, 2.050%, 01/01/30, FSA(a)		24,620		24,620
Fairfax County Economic Development Authority, Flint Hill School Project, RB, 2.100%, 09/01/21, LOC: First Union National Bank(a)(b)		4,205		4,205
Fairfax County Economic Development Authority, Public Broadcasting Services Project, RB, 2.050%, 07/01/40, LOC: Bank of America N.A.(a)		12,000		12,000
Fairfax County Economic Development Authority, RB, 5.000%, 05/15/08		1,990		1,994
Fairfax County Economic Development Authority, Smithsonian Institute, Ser A, RB, 1.800%, 12/01/33, LOC: Bank of America N.A.(a)		4,000		4,000
Fairfax County Economic Development Authority, Smithsonian Institute, Ser B, RB, 1.780%, 12/01/33, LOC: Bank of America N.A.(a)		7,020		7,020
Fairfax County Redevelopment & Housing Authority, Affordable Housing, Ser B, RB, BAN, 3.625%, 10/09/08, County Guaranteed		15,000		15,025
Fairfax County Water Authority, Municipal Trade Receipts Project, Ser SGB-40A, RB, 2.220%, 04/01/30, LOC: Societe Generale(a)(b)		7,850		7,850
Fairfax County, Public Improvement, Ser A, GO, 5.250%, 04/01/08, State Aid Withholding		6,200		6,200
Fairfax County, Public Improvement, Ser A, GO, 4.500%, 04/01/09, State Aid Withholding		11,730		12,058
Fairfax County, Ser A, GO, 5.000%, 06/01/08, State Aid Withholding		3,400		3,418
Fairfax County, Ser A, GO, 5.000%, 06/01/08, State Aid Withholding		2,300		2,306

See Notes to Financial Statements.

181

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Tax-Free Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Greene County Industrial Development Authority, Blue Ridge School Project, RB, 2.280%, 06/01/26, LOC: Branch Banking & Trust Co.(a)		5,360		5,360
Hampton Redevelopment & Housing Authority, Multifamily Housing, Shoreline Apartments Project, RB, 2.090%, 12/01/19, FHLMC(a)		250		250
Hanover County Industrial Development Authority, Residential Care Facility, Covenant Woods Project, RB, 2.280%, 07/01/29, LOC: Branch Banking & Trust Co.(a)(b)		16,100		16,100
Harrisonburg Redevelopment & Housing Authority, Multifamily Housing, Stoney Ridge/Dale Forest, RB, 1.920%, 08/01/32, FHLMC(a)		2,365		2,365
Henrico County Economic Development Authority, Exempt Facility, White Oak Limited Project, RB, AMT, 2.250%, 10/01/27, LOC: Citibank N.A.(a)		9,100		9,100
Henrico County Economic Development Authority, Residential Care Facility, Westminister Centerbury, Ser B, RB, 2.100%, 10/01/35, LOC: Branch Banking & Trust Co.(a)		7,000		7,000
Henrico County Economic Development Authority, Steward School Project, RB, 2.280%, 07/01/33, LOC: Branch Banking & Trust Co.(a)		2,400		2,400
James City & County Economic Development Authority, Industrial Development, Historic Jamestown Project, RB, 2.150%, 11/01/24, LOC: Wachovia Bank N.A.(a)		700		700
King George County Industrial Development Authority, Exempt Facility, Birchwood Power Partners, Ser B, RB, AMT, 1.250%, 12/01/24, LOC: Bank of Nova Scotia(a)		7,850		7,850
Loudoun County Industrial Development Authority, Day School Inc., RB, 2.090%, 03/01/38, LOC: PNC Bank N.A.(a)		5,850		5,850
Loudoun County Industrial Development Authority, Howard Hughes Medical Institute Project, Ser D, RB, 1.500%, 02/15/38(a)		19,400		19,400
Loudoun County Industrial Development Authority, Howard Hughes Medical Institute Project, Ser E, RB, 2.600%, 02/15/38(a)		13,415		13,415
Loudoun County Industrial Development Authority, Howard Hughes Medical Institute Project, Ser F, RB, 1.950%, 02/15/38(a)		4,400		4,400

See Notes to Financial Statements.

182

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Tax-Free Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Loudoun County Industrial Development Authority, Howard Hughes Medical Institution, Ser B, RB, 2.000%, 02/15/38(a)		14,780		14,780
Loudoun County Industrial Development Authority, Howard Hughes Medical Institution, Ser C, RB, 1.500%, 02/15/38(a)		11,085		11,085
Louisa County Industrial Development Authority, Pooled Financing Project, RB, 2.100%, 01/01/20, LOC: Bank of America N.A.(a)(b)		800		800
Lynchburg Industrial Development Authority, Aerofin Corp. Project, RB, AMT, 2.280%, 03/01/29, LOC: PNC Bank N.A.(a)		2,075		2,075
Lynchburg Industrial Development Authority, Educational Facilities, Randolph Macon Project, RB, 2.150%, 09/01/23, LOC: Wachovia Bank N.A.(a)		7,635		7,635
Newport News Industrial Development Authority, CNU Warwick LLC Student Housing Project, RB, 2.100%, 11/01/28, LOC: Bank of America N.A.(a)		8,970		8,970
Newport News Redevelopment & Housing Authority, Multifamily Housing, Springhouse Apartments Project, RB, 2.090%, 09/01/26, FHLMC(a)		2,260		2,260
Norfolk Redevelopment & Housing Authority, Student Housing I LLC Project, Ser E2F, RB, 2.100%, 07/01/34, LOC: Bank of America N.A.(a)		7,000		7,000
Peninsula Ports Authority, 1.300%, 04/02/08, LOC: Citibank N.A.		3,500		3,500
Peninsula Ports Authority, 2.250%, 04/02/08, LOC: Citibank N.A.		3,400		3,400
Peninsula Ports Authority, 1.030%, 04/03/08, LOC: Citibank N.A.		2,100		2,100
Peninsula Ports Authority Coal Terminal, Dominion Terminal Project, Ser C, RB, 1.200%, 07/01/16, LOC: Citibank N.A.(a)		2,260		2,260
Peninsula Ports Authority Coal Terminal, Dominion Terminal Project, Ser D, RB, 1.250%, 07/01/16, LOC: U.S. Bank N.A.(a)		3,200		3,200
Peninsula Ports Authority, Riverside Health Systems Project, RB, 2.130%, 07/01/37(a)		18,000		18,000
Pocahontas Parkway Association, Toll Road, Ser A, RB, 5.250%, 08/15/09, Prerefunded 08/15/08 @ 102		6,000		6,141
Pocahontas Parkway Association, Toll Road, Ser A, RB, 5.500%, 08/15/28, Prerefunded 08/15/08 @ 102		6,750		6,952

See Notes to Financial Statements.

183

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Tax-Free Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Pulaski County Industrial Development Authority, Pulaski Furniture Corp. Project, RB, 2.100%, 08/01/19, LOC: Bank of America N.A.(a)(b)		7,425		7,425
Richmond Public Utility, ROCS RR III, Ser R-6094, RB, 2.270%, 01/15/27, Callable 01/15/17 @ 100, FSA(a)(b)		65		65
Richmond, GO, 4.000%, 06/25/08		20,000		20,033
Roanoke Industrial Development Authority, Carilion Health System, Ser C1 RB, 1.250%, 07/01/27, FSA(a)		1,895		1,895
Rockingham County Industrial Development Authority, Sunnyside Presbyterian Project, RB, 2.280%, 12/01/33, LOC: Branch Banking & Trust Co.(a)		10,495		10,495
Stafford County & Staunton, 2.650%, 04/01/08		24,640		24,640
Surry County Industrial Development Authority, Windsor Mill Project, RB, AMT, 2.310%, 02/01/32, LOC: Wells Fargo Bank N.A.(a)		1,050		1,050
Tazewell County Industrial Development Authority, Jennmar Corp. of Virginia Inc., RB, AMT, 2.280%, 02/01/17, LOC: PNC Bank N.A.(a)		5,400		5,400
University of Virginia, Ser A, RB, 2.050%, 06/01/34(a)		25,675		25,675
Virginia State Public School Authority, School Financing 1997, Ser D, RB, 5.000%, 08/01/08		5,500		5,540
Virginia Beach Development Authority, Ocean Ranch Project, RB, 2.280%, 07/01/17, LOC: Branch Banking & Trust Co.(a)(b)		1,715		1,715
Virginia Beach Development Authority, Public Facility, Ser A, RB, 4.750%, 05/01/08		2,220		2,223
Virginia Beach, GO, 5.400%, 07/15/08		2,000		2,010
Virginia Biotechnology Research Park Authority, United Network of Organ Sharing Project, RB, 2.130%, 04/01/27, LOC: Wachovia Bank N.A.(a)		6,230		6,230
Virginia College Building Authority, Educational Facilities, 21st Century College & Equipment, RB, 5.000%, 02/01/09		5,420		5,565
Virginia College Building Authority, Educational Facilities, 21st Century College & Equipment, RB, 5.000%, 02/01/09		3,005		3,081
Virginia College Building Authority, Educational Facilities, 21st Century College, Ser B, RB, 1.440%, 02/01/26, Callable 02/01/14 @ 100, LOC: Wachovia Bank N.A.(a)		11,930		11,930

See Notes to Financial Statements.

184

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Tax-Free Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Virginia College Building Authority, Educational Facilities, 21st Century College, Ser C, RB, 1.200%, 02/01/26, LOC: Wachovia Bank N.A.(a)		10,635		10,635
Virginia College Building Authority, Educational Facilities, Public Higher Education Financing Program, Ser A, RB, 5.000%, 09/01/08		3,135		3,157
Virginia Commonwealth Transportation Board, Ser II-R 10076, RB, 2.240%, 05/15/19, LOC: Citibank N.A.(a)(b)		11,085		11,085
Virginia Commonwealth Transportation Board, Ser SG 134, RB, 2.220%, 05/15/22, Callable 05/15/09 @ 101, LOC: Societe Generale(a)(b)		10,235		10,235
Virginia Commonwealth University Health System Authority, Ser A, RB, 1.180%, 07/01/37, LOC: Branch Banking & Trust Co.(a)		3,000		3,000
Virginia Commonwealth University Health System Authority, Ser B, RB, 1.200%, 07/01/37, LOC: Branch Banking & Trust Co.(a)		8,850		8,850
Virginia Commonwealth University Health System Authority, Ser C, RB, 1.420%, 07/01/37, LOC: Branch Banking & Trust Co.(a)		10,000		10,000
Virginia Housing Development Authority, Commonwealth Mortgage, Ser C07, RB, AMT, 2.300%, 07/01/17, Go of Auth(a)(b)		5,700		5,700
Virginia Housing Development Authority, Commonwealth Mortgage, Ser J, Subser J-1, RB, 4.300%, 07/01/08, MBIA		5,400		5,408
Virginia Small Business Financing Authority, Childrens Hospital of Kings, RB, 2.080%, 01/01/36, LOC: Wachovia Bank N.A.(a)		10,300		10,300
Virginia Small Business Financing Authority, Virginia Museum of Fine Arts Foundation, RB, 2.080%, 08/01/35, LOC: Wachovia National Bank N.A.(a)		3,250		3,250
Virginia State Public Building Authority, Public Facilities, Ser B, RB, 5.000%, 08/01/08		3,000		3,022
Virginia State Public Building Authority, Public Facilities, Ser D, RB, 2.000%, 08/01/25(a)		11,800		11,800
Virginia State Public School Authority, School Educational, Technology Notes, Ser IV, RB, 4.000%, 04/15/08		1,425		1,425

See Notes to Financial Statements.

185

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Tax-Free Money Market Fund — continued


	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued

Virginia State Public School Authority, School Financing, 1997 Resolution Program, Ser B, RB, 4.000%, 08/01/08, State Aid Withholding		5,945		5,959
Virginia State Public School Authority, School Financing, 1997 Resolution Program, Ser C, RB, 5.000%, 08/01/08		5,150		5,177
Virginia State Public School Authority, School Financing, 1997 Resolution Program, Ser C, RB, 5.000%, 08/01/08		2,540		2,557
Virginia State Public School Authority, School Financing, Ser A, RB, 5.000%, 08/01/08, State Aid Withholding		1,435		1,441
Virginia State Public School Authority, School Financing, Ser A, RB, 5.250%, 08/01/08, State Aid Withholding		1,085		1,092
Virginia State Public School Authority, Ser A, RB, 5.500%, 08/01/08, State Aid Withholding		2,680		2,703
Virginia State Public School Authority, Ser C, RB, 5.000%, 08/01/08, State Aid Withholding		4,075		4,096
Virginia State Public School Authority, Ser II-R 4050, RB, 2.240%, 08/01/17, Callable 08/01/13 @ 100, State Aid Withholding(a)(b)		4,055		4,055
Virginia State Resource Authority, Clean Water, Sub-State Revolving Fund, RB, 5.000%, 10/01/08		5,000		5,041
Virginia State, Ser A, GO, 5.000%, 06/01/08		4,170		4,184
Virginia State, Ser A, GO, 5.000%, 06/01/08		1,000		1,005
Williamsburg Industrial Development Authority, Colonial Williamsburg Foundation, RB, 2.100%, 12/01/18, LOC: Bank of America N.A.(a)(b)		250		250
Williamsburg Industrial Development Authority, Colonial Williamsburg Project, RB, 2.090%, 10/01/35, LOC: First Union National Bank(a)		4,320		4,320
Winchester Industrial Development Authority, Residential Care Facilities, Westminster-Cantenbury, Ser B, RB, 2.280%, 01/01/35, LOC: Branch Banking & Trust Co.(a)		2,000		2,000

				634,794

Nevada (0.5%)
Director of the State of Nevada, Department of Business & Industry Pollution Control, Barrick Goldstrike Mines, RB, AMT, 2.300%, 06/01/29, LOC: Royal Bank of Canada(a)		3,500		3,500

Total Municipal Bonds				638,294

See Notes to Financial Statements.

186

SCHEDULES OF PORTFOLIO INVESTMENTS

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands, except Shares)
Virginia Tax-Free Money Market Fund — concluded


	Shares or
	Principal
	Amount($)		Value($)
Money Market Funds (10.2%)
Federated Tax-Free Obligations Fund		29,165,840		29,166
Federated Virginia Municipal Cash Trust, Institutional Class		16,000,001		16,000
Goldman Sachs Financial Square Tax Free Money Market Fund		27,516,588		27,517

Total Money Market Funds				72,683

Total Investments (Cost $710,977)(c) — 99.7%				710,977
Other assets in excess of liabilities — 0.3%				2,202

Net Assets — 100.0%			$	713,179


(a)		Variable or Floating Rate Security. Rate disclosed is as of March 31, 2008.

(b)		Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 11.0% of net assets as of March 31, 2008.

(c)		Aggregate cost for federal income tax and financial reporting purposes is the same.


AMT		— Alternative Minimum Tax Paper

BAN		— Bond Anticipation Note

FHLMC		— Security insured by Federal Home Loan Mortgage Corporation

FSA		— Security insured by Financial Security Assurance

GO		— General Obligation

LOC		— Letter of Credit

MBIA		— Security insured by Municipal Bond Insurance Association

See Notes to Financial Statements.

187

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


				High												Investment
	Georgia			Grade									Investment			Grade
	Tax-Exempt			Municipal			High			Intermediate			Grade			Tax-Exempt			Limited
	Bond			Bond			Income			Bond			Bond			Bond			Duration
	Fund			Fund			Fund			Fund			Fund			Fund			Fund

Assets:
Total Investments, at Cost	$	177,583		$	187,751		$	54,051		$	1,143,186		$	483,772		$	564,594		$	44,051

Investments, at Value*	$	176,874		$	188,572		$	49,501		$	1,063,085		$	446,505		$	569,707		$	34,035
Investments in Affiliates, at Value and Cost		—			—			2,772			93,246			42,514			—			9,424

Total Investments		176,874			188,572			52,273			1,156,331			489,019			569,707			43,459

Interest and Dividends Receivable		2,469			2,048			1,153			9,913			3,924			6,303			102
Receivable for Capital Shares Issued		49			48			209			1,501			1,617			1,893			91
Receivable for Investment Securities Sold		800			484			5,015			6,786			3,657			41,177			—
Appreciated Credit Default Swap Agreements, at Value (Cost $—, $—, $3, $121, $109, $— and $—, respectively)		—			—			33			491			543			—			—
Appreciated Interest Rate Swap Agreements, at Value (Cost $—, $—, $—, $—, $—, $— and $—, respectively)		—			—			—			32			16			—			—
Unrealized Appreciation on Forward Foreign Currency Contracts		—			—			—			2,798			1,541			—			—
Foreign Currency, at Value (Cost $—, $—, $—, $—, $28, $— and $—, respectively)		—			—			—			—			28			—			—
Receivable from Adviser		3			—			1			—			—			—
Prepaid Expenses		2			10			2			4			4			10			4

Total Assets		180,197			191,162			58,686			1,177,856			500,349			619,090			43,656

Liabilities:
Income Distributions Payable		543			534			340			3,052			1,551			1,537			138
Payable for Investment Securities Purchased		852			9,041			4,295			82,632			30,331			53,906			—
Payable for Capital Shares Redeemed		20			—			27			164			102			192			—
Depreciated Credit Default Swap Agreements, at Value (Proceeds $—, $—, $—, $—, $—, $— and $—, respectively)		—			—			137			66			37			—			—
Depreciated Interest Rate Swap Agreements, at Value (Proceeds $—, $—, $—, $—, $—, $— and $—, respectively)		—			—			—			84			46			—			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—			—			—			3,869			2,092			—			—
Payable for Collateral Received on Securities Loaned		—			—			1,853			274,033			58,662			—			—
Investment Advisory Fees Payable		83			84			26			167			170			235			4
Administration, Fund Accounting and Transfer Agency Fees Payable		—			1			2			8			5			5			1
Compliance Services Fees Payable		1			1			—			1			1			1			—
Distribution and Service Fees Payable		5			5			18			—			10			8			—
Custodian Fees Payable		1			1			2			6			6			3			2
Trustee Fees Payable		1			1			—			3			2			2			—
Other Fees Payable		11			8			6			44			20			26			2

Total Liabilities		1,517			9,676			6,706			364,129			93,035			55,915			147

Total Net Assets	$	178,680		$	181,486		$	51,980		$	813,727		$	407,314		$	563,175		$	43,509

Net Assets Consist of:
Capital	$	180,746		$	181,253		$	57,975		$	796,928		$	413,118		$	554,653		$	44,112
Accumulated Net Investment Income (Loss)		190			(7	)		(45	)		1,528			952			(154	)		—
Accumulated Net Realized Gain (Loss) from Investments, Swaps and Foreign Currency Transactions		(1,547	)		(581	)		(4,065	)		2,945			(11,819	)		3,563			(11	)
Net Unrealized Appreciation/Depreciation on Investments, Swaps and Foreign Currencies		(709	)		821			(1,885	)		12,326			5,063			5,113			(592	)

Total Net Assets	$	178,680		$	181,486		$	51,980		$	813,727		$	407,314		$	563,175		$	43,509

Net Assets:
I Shares	$	169,453		$	173,975		$	30,587		$	812,982		$	385,110		$	546,323		$	43,509
A Shares		4,164			2,442			847			736			14,495			10,869			N/A
C Shares		5,063			5,069			20,546			9			7,709			5,983			N/A
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		17,030			16,115			4,778			79,003			35,845			47,140			4,410
A Shares		418			226			132			72			1,349			937			N/A
C Shares		509			469			3,209			1			717			517			N/A
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	9.95		$	10.80		$	6.40		$	10.29		$	10.74		$	11.59		$	9.87
A Shares		9.97			10.80			6.41			10.29			10.74			11.60			N/A
C Shares(b)		9.96			10.82			6.40			10.29			10.75			11.58			N/A
Offering Price per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	9.95		$	10.80		$	6.40		$	10.29		$	10.74		$	11.59		$	9.87
A Shares		10.47			11.34			6.73			10.80			11.28			12.18			N/A
C Shares		9.96			10.82			6.40			10.29			10.75			11.58			N/A
Maximum Sales Charge — A Shares		4.75	%		4.75	%		4.75	%		4.75	%		4.75	%		4.75	%		N/A

Amounts designated as “—” are $0 or have been rounded to $0.


*		Investments include securities on loan of $0, $0, $1,767, $264,853, $56,954, $0 and $0, respectively.


(a)		Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.


(b)		Redemption price per share varies based on length of time shares are held.

See Notes to Financial Statements.

188

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


										Seix
	Limited-Term						North			Floating									Short-Term
	Federal			Maryland			Carolina			Rate			Seix						U.S.
	Mortgage			Municipal			Tax-Exempt			High			High			Short-Term			Treasury
	Securities			Bond			Bond			Income			Yield			Bond			Securities
	Fund			Fund			Fund			Fund			Fund			Fund			Fund

Assets:
Total Investments, at Cost	$	106,141		$	43,452		$	44,157		$	617,923		$	728,411		$	422,805		$	100,350

Investments, at Value*	$	93,176		$	43,731		$	43,809		$	544,398		$	693,239		$	411,970		$	102,998
Investments in Affiliates, at Value and Cost		13,973			—			—			26,141			13,457			11,632			—

Total Investments		107,149			43,731			43,809			570,539			706,696			423,602			102,998

Cash		—			—			—			137			2			3			—
Segregated Cash at Broker for Futures Contracts		—			—			—			—			—			120			—
Interest and Dividends Receivable		409			466			659			3,227			14,476			2,654			544
Receivable for Capital Shares Issued		182			13			127			2,746			11,206			921			77
Receivable for Investment Securities Sold		10,842			—			2,087			58,402			23,174			163			7,243
Appreciated Credit Default Swap Agreements, at Value (Cost $—, $—, $—, $7, $1, $—, and $—, respectively)		—			—			—			28			290			342			—
Prepaid Expenses		2			1			—			25			14			12			11

Total Assets		118,584			44,211			46,682			635,104			755,858			427,817			110,873

Liabilities:
Income Distributions Payable		421			130			129			3,302			4,499			1,447			250
Payable for Investment Securities Purchased		18,974			—			2,723			66,754			10,763			7,051			8,265
Payable for Capital Shares Redeemed		8			—			—			203			220			277			4
Depreciated Credit Default Swap Agreements, at Value (Proceeds $—, $—, $—, $—, $—, $1 and $—, respectively)		—			—			—			108			359			683			—
Unrealized Depreciation on Unfunded Transactions		—			—			—			4,329			1,817			—			—
Unrealized Depreciation on Futures Contracts		—			—			—			—			—			20			—
Payable for Collateral Received on Securities Loaned		—			—			—			—			49,133			20,260			27,256
Investment Advisory Fees Payable		43			21			20			214			256			134			25
Administration, Fund Accounting and Transfer Agency Fees Payable		2			—			—			16			11			4			1
Compliance Services Fees Payable		1			—			—			9			2			1			—
Distribution and Service Fees Payable		10			5			—			2			8			4			8
Custodian Fees Payable		5			1			1			17			7			6			—
Trustee Fees Payable		1			—			—			13			4			3			—
Other Fees Payable		13			3			3			122			46			24			9

Total Liabilities		19,478			160			2,876			75,089			67,125			29,914			35,818

Total Net Assets	$	99,106		$	44,051		$	43,806		$	560,015		$	688,733		$	397,903		$	75,055

Net Assets Consist of:
Capital	$	118,654		$	43,930		$	44,960		$	636,909		$	779,701		$	406,365		$	74,591
Accumulated Net Investment Income (Loss)		130			(41	)		(63	)		(85	)		(782	)		26			(1	)
Accumulated Net Realized Gain (Loss) from Investments, Swaps and Futures Transactions		(20,686	)		(117	)		(743	)		(25,009	)		(66,584	)		(8,925	)		(2,183	)
Net Unrealized Appreciation/Depreciation on Investments, Swaps and Futures		1,008			279			(348	)		(51,800	)		(23,602	)		437			2,648

Total Net Assets	$	99,106		$	44,051		$	43,806		$	560,015		$	688,733		$	397,903		$	75,055

Net Assets:
I Shares	$	85,638		$	38,138		$	43,046		$	553,208		$	663,081		$	390,659		$	62,416
A Shares		2,670			45			760			6,591			21,640			3,767			3,800
C Shares		10,798			5,868			N/A			216			4,012			3,477			8,839
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		8,626			3,799			4,435			62,170			67,844			39,591			6,081
A Shares		269			5			78			740			2,265			381			371
C Shares		1,087			583			N/A			24			411			352			863
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	9.93		$	10.04		$	9.71		$	8.90		$	9.77		$	9.87		$	10.26
A Shares		9.91			10.05			9.68			8.90			9.55			9.89			10.25
C Shares(b)		9.93			10.06			N/A			8.90			9.77			9.89			10.25
Offering Price per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	9.93		$	10.04		$	9.71		$	8.90		$	9.77		$	9.87		$	10.26
A Shares		10.16			10.55			10.16			9.13			10.03			10.14			10.51
C Shares		9.93			10.06			N/A			8.90			9.77			9.89			10.25
Maximum Sales Charge — A Shares		2.50	%		4.75	%		4.75	%		2.50	%		4.75	%		2.50	%		2.50	%

Amounts designated as “—” are $0 or have been rounded to $0.


*		Investments include securities on loan of $—, $—, $—, $—, $47,004, $19,800 and $26,498, respectively.


(a)		Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.


(b)		Redemption price per share varies based on length of time shares are held.

See Notes to Financial Statements.

189

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


													U.S.
													Government			Virginia
				Total						U.S.			Securities			Intermediate
	Strategic			Return			Ultra-Short			Government			Ultra-Short			Municipal
	Income			Bond			Bond			Securities			Bond			Bond
	Fund			Fund			Fund			Fund			Fund			Fund

Assets:
Total Investments, at Cost	$	94,794		$	729,276		$	88,786		$	654,008		$	61,871		$	207,380

Investments, at Value*	$	94,943		$	672,196		$	84,721		$	613,148		$	62,284		$	211,867
Investments in Affiliates, at Value and Cost		426			60,295			3,541			56,494			—			—

Total Investments		95,369			732,491			88,262			669,642			62,284			211,867

Cash		—			—			—			—			—			—
Interest and Dividends Receivable		1,320			4,824			449			2,896			303			2,679
Receivable for Capital Shares Issued		107			1,200			111			683			127			66
Receivable for Investment Securities Sold		2,206			20,089			260			20,140			487			—
Appreciated Credit Default Swap Agreements, at value (Cost $—, $85, $—, $—, $— and $—, respectively)		32			428			—			—			—			—
Appreciated Interest Rate Swap Agreements, at value (Cost $—, $—, $—, $—, $— and $—, respectively)		9			25			—			—			—			—
Unrealized Appreciation on Forward Foreign Currency Contracts		1,761			2,431			—			—			—			—
Reclaims Receivable		—			2			—			—			—			—
Receivable from Adviser		—			—			8			—			—			—
Prepaid Expenses		8			3			3			4			3			2

Total Assets		100,812			761,493			89,093			693,365			63,204			214,614

Liabilities:
Payable for Fund Overdraft		—			—			—			—			54			—
Income Distributions Payable		427			2,538			321			1,906			226			647
Payable for Investment Securities Purchased		2,475			68,567			—			40,158			—			—
Payable for Capital Shares Redeemed		23			—			—			210			—			—
Depreciated Credit Default Swap Agreements, at Value (Proceeds $2, $—, $—, $—, $— and $—, respectively )		108			35			—			—			—			—
Depreciated Interest Rate Swap Agreements, at Value (Proceeds $—, $—, $—, $—, $— and $—, respectively)		24			72			—			—			—			—
Unrealized Depreciation on Forward Foreign Currency Contracts		2,579			3,292			—			—			—			—
Payable for Collateral Received on Securities Loaned		6,500			56,045			859			151,139			—			—
Investment Advisory Fees Payable		46			131			16			209			11			99
Administration, Fund Accounting and Transfer Agency Fees Payable		2			8			1			4			1			2
Compliance Services Fees Payable		—			2			—			3			—			1
Distribution and Service Fees Payable		21			—			—			4			—			3
Custodian Fees Payable		14			11			2			7			4			2
Trustee Fees Payable		1			3			—			4			—			2
Other Fees Payable		8			29			2			33			4			18

Total Liabilities		12,228			130,733			1,201			193,677			300			774

Total Net Assets	$	88,584		$	630,760		$	87,892		$	499,688		$	62,904		$	213,840

Net Assets Consist of:
Capital	$	95,388		$	631,443		$	90,661		$	488,829		$	63,713		$	209,808
Accumulated Net Investment Income (Loss)		763			1,245			40			302			30			(21	)
Accumulated Net Realized Gain (Loss) from Investments, Swaps and Foreign Currency Transactions		(7,237	)		(4,543	)		(2,285	)		(5,077	)		(1,252	)		(434	)
Net Unrealized Appreciation/Depreciation on Investments, Swaps and Foreign Currencies		(330	)		2,615			(524	)		15,634			413			4,487

Total Net Assets	$	88,584		$	630,760		$	87,892		$	499,688		$	62,904		$	213,840

Net Assets:
I Shares	$	62,581		$	630,451		$	87,892		$	491,970		$	62,904		$	204,507
A Shares		1,226			269			N/A			3,496			N/A			6,232
C Shares		24,777			40			N/A			4,222			N/A			3,101
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		6,518			62,409			8,866			46,454			6,274			20,262
A Shares		127			26			N/A			330			N/A			617
C Shares		2,579			4			N/A			399			N/A			307
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	9.60		$	10.10		$	9.91		$	10.59		$	10.03		$	10.09
A Shares		9.64			10.40			N/A			10.59			N/A			10.09
C Shares(b)		9.61			10.10			N/A			10.59			N/A			10.09
Offering Price per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	9.60		$	10.10		$	9.91		$	10.59		$	10.03		$	10.09
A Shares		10.12			10.92			N/A			11.12			N/A			10.59
C Shares		9.61			10.10			N/A			10.59			N/A			10.09
Maximum Sales Charge — A Shares		4.75	%		4.75	%		N/A			4.75	%		N/A			4.75	%

Amounts designated as “—” are $0 or have been rounded to $0.


*		Investments include securities on loan of $6,289, $54,487, $832 and $147,151, $— and $—, respectively.


(a)		Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.


(b)		Redemption price per share varies based on length of time shares are held.

See Notes to Financial Statements.

190

STATEMENTS OF ASSETS AND LIABILITIES

RIDGEWORTH FUNDS March 31, 2008 (Amounts in thousands)


							U.S.
	Prime						Government			U.S.			Virginia
	Quality			Tax-Exempt			Securities			Treasury			Tax-Free
	Money			Money			Money			Money			Money
	Market			Market			Market			Market			Market
	Fund			Fund			Fund			Fund			Fund

Assets:
Total Investments, at Cost	$	10,402,465		$	2,180,913		$	2,444,501		$	1,348,331		$	710,977

Investments, at Value	$	9,861,279		$	2,180,913		$	718,816		$	357,308		$	710,977
Investments in Affiliates, at Value and Cost		167,999			—			—			—			—
Repurchase Agreements, at Value and Cost		373,187			—			1,725,685			991,023			—

Total Investments		10,402,465			2,180,913			2,444,501			1,348,331			710,977

Cash		—			—			—			3			—
Interest and Dividends Receivable		23,512			8,323			2,665			168			3,097
Interest Receivable from Affiliated Investments		581			—			—			—			—
Receivable for Capital Shares Issued		15,949			896			562			90			789
Receivable for Investment Securities Sold		—			9,515			—			—			—
Receivable from Adviser		—			—			—			75			—
Prepaid Expenses		20			5			5			3			5

Total Assets		10,442,527			2,199,652			2,447,733			1,348,670			714,868

Liabilities:
Income Distributions Payable		24,484			3,494			4,587			1,269			1,247
Payable for Investment Securities Purchased		50,000			31,262			—			114,920			100
Investment Advisory Fees Payable		4,232			786			1,089			574			241
Administration, Fund Accounting and Transfer Agency Fees Payable		16			14			13			5			5
Compliance Services Fees Payable		34			6			2			5			2
Distribution and Service Fees Payable		836			73			39			12			54
Custodian Fees Payable		43			7			2			5			3
Trustee Fees Payable		63			11			5			9			4
Other Fees Payable		561			94			52			77			33

Total Liabilities		80,269			35,747			5,789			116,876			1,689

Total Net Assets	$	10,362,258		$	2,163,905		$	2,441,944		$	1,231,794		$	713,179

Net Assets Consist of:
Capital	$	10,364,488		$	2,163,986		$	2,441,962		$	1,231,895		$	713,111
Accumulated Net Investment Income (Loss)		33			27			(18	)		80			13
Accumulated Net Realized Gain (Loss) from Investment Transactions		(2,263	)		(108	)		—			(181	)		55

Total Net Assets	$	10,362,258		$	2,163,905		$	2,441,944		$	1,231,794		$	713,179

Net Assets:
I Shares	$	3,834,993		$	1,573,560		$	2,108,351		$	1,130,334		$	294,937
A Shares		6,523,136			590,345			333,593			101,460			418,242
C Shares		4,129			N/A			N/A			N/A			N/A
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		3,835,841			1,573,589			2,108,365			1,130,436			294,909
A Shares		6,524,516			590,397			333,598			101,459			418,201
C Shares		4,131			N/A			N/A			N/A			N/A
Net Asset Value, Offering and Redemption Price Per Share:
I Shares	$	1.00		$	1.00		$	1.00		$	1.00		$	1.00
A Shares		1.00			1.00			1.00			1.00			1.00
C Shares(a)		1.00			N/A			N/A			N/A			N/A

Amounts designated as “—” are $0 or have been rounded to $0.


(a)		Redemption price per share varies based on length of time shares are held.

See Notes to Financial Statements.

191

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Year Ended March 31, 2008 (Amounts in thousands)


																Investment
	Georgia Tax-			High Grade									Investment			Grade			Limited
	Exempt Bond			Municipal			High Income			Intermediate			Grade Bond			Tax-Exempt			Duration
	Fund			Bond Fund			Fund			Bond Fund			Fund			Bond Fund			Fund


Investment Income:
Interest Income	$	7,110		$	6,693		$	5,597		$	25,273		$	20,085		$	18,663		$	2,169
Dividend Income		87			382			—			—			—			1,070			—
Dividend Income from Affiliated Investment Companies		—			—			62			1,124			561			—			130
Net Income from Securities Lending		—			—			83			1,549			662			—			—

Total Investment Income		7,197			7,075			5,742			27,946			21,308			19,733			2,299

Expenses:
Investment Advisory Fees		898			961			387			1,360			1,986			2,536			44
Administration, Fund Accounting and Transfer Agency Fees		44			46			31			156			128			144			17
Compliance Services Fees		2			2			1			9			6			7			1
Distribution and Service Fees — A Shares		7			4			2			2			46			33			—
Distribution and Service Fees — C Shares		59			58			247			—			84			65			—
Custodian Fees		5			5			10			23			23			13			7
Printing Fees		6			5			4			22			16			21			2
Registration Fees		9			38			13			8			27			41			3
Trustees’ Fees		3			3			1			13			9			10			1
Interest Expense		—			76			—			—			—			76			—
Other Fees		11			10			14			42			23			40			2

Total Expenses		1,044			1,208			710			1,635			2,348			2,986			77

Less: Investment Advisory Fees Waived/Reimbursed		(5	)		—			(1	)		—			—			—			—
Less: Administration Fees Waived		(14	)		(2	)		(8	)		(23	)		(4	)		(5	)		—

Net Expenses		1,025			1,206			701			1,612			2,344			2,981			77

Net Investment Income (Loss)		6,172			5,869			5,041			26,334			18,964			16,752			2,222

Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies:
Net Realized Gain (Loss) from Investments, Swaps and Foreign Currency Transactions		(1,435	)		(581	)		(4,003	)		8,553			4,673			3,587			(16	)
Net Change in Unrealized Appreciation/Depreciation on Investments, Swaps and Foreign Currencies		(3,963	)		(969	)		(3,721	)		12,231			4,363			3,642			(590	)

Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies		(5,398	)		(1,550	)		(7,724	)		20,784			9,036			7,229			(606	)

Change in Net Assets from Operations	$	774		$	4,319		$	(2,683	)	$	47,118		$	28,000		$	23,981		$	1,616

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

192

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Year Ended March 31, 2008 (Amounts in thousands)


	Limited-Term
	Federal						North												Short-Term
	Mortgage			Maryland			Carolina Tax-			Seix Floating									U.S. Treasury
	Securities			Municipal			Exempt Bond			Rate High			Seix High			Short-Term			Securities
	Fund			Bond Fund			Fund			Income Fund			Yield Fund			Bond Fund			Fund


Investment Income:
Interest Income	$	7,514		$	1,662		$	1,793		$	52,376		$	70,197		$	18,228		$	3,131
Dividend Income		—			33			44			4			—			6			49
Dividend Income from Affiliated Investment Companies		531			—			—			749			617			371			—
Net Income from Securities Lending		6			—			—			—			619			344			178

Total Investment Income		8,051			1,695			1,837			53,129			71,433			18,949			3,358

Expenses:
Investment Advisory Fees		779			218			235			3,012			3,843			1,510			285
Administration, Fund Accounting and Transfer Agency Fees		47			12			12			197			279			108			23
Compliance Services Fees		2			1			1			19			14			6			1
Distribution and Service Fees — A Shares		6			—			1			27			64			7			7
Distribution and Service Fees — C Shares		125			63			—			1			46			39			96
Custodian Fees		14			2			2			33			32			22			2
Printing Fees		7			2			2			40			34			16			4
Registration Fees		27			6			6			33			35			25			21
Trustees’ Fees		3			1			1			27			18			8			2
Other Fees		16			4			2			111			70			20			9

Total Expenses		1,026			309			262			3,500			4,435			1,761			450

Less: Administration Fees Waived		(2	)		—			—			(7	)		(18	)		(4	)		(8	)

Net Expenses		1,024			309			262			3,493			4,417			1,757			442

Net Investment Income (Loss)		7,027			1,386			1,575			49,636			67,016			17,192			2,916

Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Futures Transactions:
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Futures Transactions		(1,816	)		(116	)		(609	)		(25,168	)		(49,258	)		2,527			286
Net Change in Unrealized Appreciation/Depreciation on Investments, Swaps and Futures Transactions		1,945			(574	)		(889	)		(53,643	)		(39,042	)		523			2,596

Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Futures Transactions		129			(690	)		(1,498	)		(78,811	)		(88,300	)		3,050			2,882

Change in Net Assets from Operations	$	7,156		$	696		$	77		$	(29,175	)	$	(21,284	)	$	20,242		$	5,798

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

193

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Year Ended March 31, 2008 (Amounts in thousands)


													U.S.
										U.S.			Government			Virginia
										Government			Securities			Intermediate
	Strategic			Total Return			Ultra-Short			Securities			Ultra-Short			Municipal
	Income Fund			Bond Fund			Bond Fund			Fund			Bond Fund			Bond Fund

Investment Income:
Interest Income	$	6,912		$	31,937		$	4,085		$	28,548		$	1,934		$	9,063
Dividend Income		11			—			12			—			50			85
Dividend Income from Affiliated Investment Companies		54			1,215			100			1,234			—			—
Net Income from Securities Lending		162			697			2			1,053			1			—

Total Investment Income		7,139			33,849			4,199			30,835			1,985			9,148

Expenses:
Investment Advisory Fees		627			1,545			184			2,824			86			1,187
Administration, Fund Accounting and Transfer Agency Fees		39			183			33			152			16			59
Compliance Services Fees		1			10			1			9			1			4
Distribution and Service Fees — A Shares		4			1			—			11			—			9
Distribution and Service Fees — C Shares		288			—			—			45			—			31
Custodian Fees		29			41			23			24			14			8
Printing Fees		4			21			12			21			2			9
Registration Fees		24			10			13			28			12			10
Trustees’ Fees		2			13			2			13			1			5
Other Fees		11			29			11			31			10			12

Total Expenses		1,029			1,853			279			3,158			142			1,334

Less: Investment Advisory Fees Waived/Reimbursed		(3	)		—			(1	)		—			(15	)		—
Less: Administration Fees Waived		(13	)		(7	)		(28	)		(6	)		(8	)		(5	)

Net Expenses		1,013			1,846			250			3,152			119			1,329

Net Investment Income (Loss)		6,126			32,003			3,949			27,683			1,866			7,819

Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies:
Net Realized Gain (Loss) from Investments, Swaps and Foreign Currency Transactions		(1,084	)		5,965			100			4,039			123			(348	)
Net Change in Unrealized Appreciation/ Depreciation on Investments, Swaps and Foreign Currencies		(1,934	)		3,710			(864	)		13,983			267			(139	)

Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies		(3,018	)		9,675			(764	)		18,022			390			(487	)

Change in Net Assets from Operations	$	3,108		$	41,678		$	3,185		$	45,705		$	2,256		$	7,332

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

194

STATEMENTS OF OPERATIONS

RIDGEWORTH FUNDS For the Year Ended March 31, 2008 (Amounts in thousands)


							U.S.
							Government
	Prime Quality			Tax-Exempt			Securities			U.S. Treasury			Virginia Tax-
	Money			Money			Money			Money			Free Money
	Market Fund			Market Fund			Market Fund			Market Fund			Market Fund

Investment Income:
Interest Income	$	453,825		$	63,755		$	52,471		$	46,803		$	21,415
Interest Recovery Payments by Affiliate		15,975			—			—			—			—
Interest Income from Affiliated Investments		3,927			—			—			—			—
Dividend Income		18,557			2,907			443			50			1,484

Total Investment Income		492,284			66,662			52,914			46,853			22,899

Expenses:
Investment Advisory Fees		48,301			8,773			6,615			6,209			2,741
Administration, Fund Accounting and Transfer Agency Fees		2,520			526			305			286			186
Compliance Services Fees		154			28			12			21			10
Distribution and Service Fees — A Shares		9,679			954			433			88			614
Distribution and Service Fees — C Shares		10			—			—			—			—
Custodian Fees		157			29			9			17			11
Printing Fees		528			86			35			55			27
Registration Fees		45			25			22			18			24
Trustees’ Fees		212			39			16			29			14
Other Fees		513			84			68			80			32

Total Expenses		62,119			10,544			7,515			6,803			3,659
Less: Investment Advisory Fees Waived/Reimbursed		—			—			—			(75	)		—
Less: Administration Fees Waived		(106	)		(21	)		(13	)		(34	)		(7	)

Net Expenses		62,013			10,523			7,502			6,694			3,652

Net Investment Income (Loss)		430,271			56,139			45,412			40,159			19,247

Net Realized Gain (Loss) on Investments:
Net Realized Gain (Loss) from Investment Transactions		(10,540	)		51			2			31			147
Net Increase from Payments by Affiliate		8,277			—			—			—			—

Net Realized Gain (Loss) on Investments		(2,263	)		51			2			31			147

Change in Net Assets from Operations	$	428,008		$	56,190		$	45,414		$	40,190		$	19,394

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

195

STATEMENTS OF CHANGES IN NET ASSETS

RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Georgia Tax-Exempt Bond Fund						High Grade Municipal Bond Fund						High Income Fund						Intermediate Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	6,172		$	5,179		$	5,869		$	5,814		$	5,041		$	5,507		$	26,334		$	3,747
Net Realized Gain (Loss) from Investments, Swaps and Foreign Currency Transactions		(1,435	)		(111	)		(581	)		566			(4,003	)		2,975			8,553			(424	)
Net Change in Unrealized Appreciation/Depreciation on Investments, Swaps and Foreign Currencies		(3,963	)		1,537			(969	)		1,264			(3,721	)		992			12,231			1,667

Change in Net Assets from Operations		774			6,605			4,319			7,644			(2,683	)		9,474			47,118			4,990

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(5,445	)		(5,083	)		(5,652	)		(5,498	)		(3,235	)		(3,270	)		(26,458	)		(3,775	)
A Shares		(150	)		(129	)		(78	)		(132	)		(65	)		(38	)		(32	)		—
C Shares		(150	)		(226	)		(139	)		(181	)		(1,813	)		(2,265	)		—			(2	)
Net Realized Gains:
I Shares		—			(102	)		(415	)		(244	)		(687	)		—			(646	)		—
A Shares		—			(3	)		(6	)		(6	)		(18	)		—			(1	)		—
C Shares		—			(5	)		(14	)		(11	)		(430	)		—			—			—

Total Dividends and Distributions		(5,745	)		(5,548	)		(6,304	)		(6,072	)		(6,248	)		(5,573	)		(27,137	)		(3,777	)

Change in Net Assets from Capital Transactions		31,066			22,321			10,196			(7,498	)		(11,258	)		(4,961	)		699,504			14,770

Change in Net Assets		26,095			23,378			8,211			(5,926	)		(20,189	)		(1,060	)		719,485			15,983

Net Assets:
Beginning of Period		152,585			129,207			173,275			179,201			72,169			73,229			94,242			78,259

End of Period	$	178,680		$	152,585		$	181,486		$	173,275		$	51,980		$	72,169		$	813,727		$	94,242

Accumulated Net Investment Income (Loss), End of Period	$	190		$	(237	)	$	(7	)	$	(8	)	$	(45	)	$	2		$	1,528		$	(90	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

196

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Georgia Tax-Exempt Bond Fund						High Grade Municipal Bond Fund						High Income Fund						Intermediate Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	64,102		$	45,378		$	56,199		$	45,498		$	17,711		$	18,813		$	768,551		$	14,152
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			33,738
Dividends Reinvested		396			463			569			475			1,788			1,332			4,243			2,419
Cost of Shares Redeemed		(32,853	)		(20,275	)		(44,618	)		(49,059	)		(26,276	)		(16,322	)		(73,892	)		(35,571	)

Change in Net Assets from I Shares		31,645			25,566			12,150			(3,086	)		(6,777	)		3,823			698,902			14,738

A Shares:
Proceeds from Shares Issued		2,715			447			645			442			1,127			403			1,931			100
Dividends Reinvested		64			73			47			87			50			28			23			—
Cost of Shares Redeemed		(2,083	)		(659	)		(1,069	)		(2,809	)		(697	)		(363	)		(1,360	)		—

Change in Net Assets from A Shares		696			(139	)		(377	)		(2,280	)		480			68			594			100

C Shares:
Proceeds from Shares Issued		2			14			3			6			498			743			9			1
Dividends Reinvested		130			199			93			129			1,522			1,481			—			2
Cost of Shares Redeemed		(1,407	)		(3,319	)		(1,673	)		(2,267	)		(6,981	)		(11,076	)		(1	)		(71	)

Change in Net Assets from C Shares		(1,275	)		(3,106	)		(1,577	)		(2,132	)		(4,961	)		(8,852	)		8			(68	)

Change in Net Assets from Capital Transactions	$	31,066		$	22,321		$	10,196		$	(7,498	)	$	(11,258	)	$	(4,961	)	$	699,504		$	14,770

Share Transactions:
I Shares:
Issued		6,331			4,438			5,186			4,182			2,494			2,625			76,482			1,433
Issued in Acquisition		—			—			—			—			—			—			—			3,409
Reinvested		39			45			52			43			260			187			420			244
Redeemed		(3,246	)		(1,982	)		(4,110	)		(4,513	)		(3,793	)		(2,271	)		(7,350	)		(3,574	)

Change in I Shares		3,124			2,501			1,128			(288	)		(1,039	)		541			69,552			1,512

A Shares:
Issued		268			44			60			41			159			57			194			11
Reinvested		6			7			4			8			7			4			2			—
Redeemed		(206	)		(65	)		(98	)		(258	)		(102	)		(51	)		(135	)		—

Change in A Shares		68			(14	)		(34	)		(209	)		64			10			61			11

C Shares:
Issued		—			3			—			—			70			103			1			—
Reinvested		13			19			9			12			221			208			—			—
Redeemed		(139	)		(327	)		(154	)		(208	)		(1,003	)		(1,566	)		—			(7	)

Change in C Shares		(126	)		(305	)		(145	)		(196	)		(712	)		(1,255	)		1			(7	)

Change in Shares		3,066			2,182			949			(693	)		(1,687	)		(704	)		69,614			1,516

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

197

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


							Investment Grade												Limited-Term Federal
							Tax-Exempt												Mortgage
	Investment Grade Bond Fund						Bond Fund						Limited Duration Fund						Securities Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	18,964		$	21,059		$	16,752		$	11,730		$	2,222		$	3,661		$	7,027		$	17,597
Net Realized Gain (Loss) from Investments, Swaps and Foreign Currency Transactions		4,673			(8,199	)		3,587			2,189			(16	)		(49	)		(1,816	)		(2,755	)
Net Change in Unrealized Appreciation/Depreciation on Investments, Swaps and Foreign Currencies		4,363			12,152			3,642			1,681			(590	)		10			1,945			6,234

Change in Net Assets from Operations		28,000			25,012			23,981			15,600			1,616			3,622			7,156			21,076

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(18,159	)		(20,144	)		(16,266	)		(11,086	)		(2,185	)		(3,639	)		(6,967	)		(18,020	)
A Shares		(708	)		(818	)		(336	)		(442	)		N/A			N/A			(152	)		(172	)
C Shares		(323	)		(410	)		(151	)		(197	)		N/A			N/A			(505	)		(605	)
Net Realized Gains:
I Shares		—			—			(1,323	)		(1,246	)		—			(9	)		—			—
A Shares		—			—			(28	)		(53	)		N/A			N/A			—			—
C Shares		—			—			(16	)		(29	)		N/A			N/A			—			—

Total Dividends and Distributions		(19,190	)		(21,372	)		(18,120	)		(13,053	)		(2,185	)		(3,648	)		(7,624	)		(18,797	)

Change in Net Assets from Capital Transactions		(21,242	)		(97,708	)		127,864			99,451			3,787			(18,570	)		(341,245	)		44,039

Change in Net Assets		(12,432	)		(94,068	)		133,725			101,998			3,218			(18,596	)		(341,713	)		46,318

Net Assets:
Beginning of Period		419,746			513,814			429,450			327,452			40,291			58,887			440,819			394,501

End of Period	$	407,314		$	419,746		$	563,175		$	429,450		$	43,509		$	40,291		$	99,106		$	440,819

Accumulated Net Investment Income (Loss), End of Period	$	952		$	(64	)	$	(154	)	$	(153	)	$	—		$	—		$	130		$	516

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

198

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


							Investment Grade												Limited-Term Federal
							Tax-Exempt												Mortgage
	Investment Grade Bond Fund						Bond Fund						Limited Duration Fund						Securities Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	126,591		$	95,825		$	250,079		$	177,333		$	14,306		$	95,403		$	16,759		$	140,799
Dividends Reinvested		10,207			9,341			6,421			3,090			1,558			3,116			2,221			3,374
Cost of Shares Redeemed		(154,150	)		(194,380	)		(126,339	)		(73,281	)		(12,077	)		(117,089	)		(355,644	)		(93,590	)

Change in Net Assets from I Shares		(17,352	)		(89,214	)		130,161			107,142			3,787			(18,570	)		(336,664	)		50,583

A Shares:
Proceeds from Shares Issued		3,215			3,811			585			1,353			N/A			N/A			946			2,051
Dividends Reinvested		628			738			247			368			N/A			N/A			132			145
Cost of Shares Redeemed		(6,229	)		(8,403	)		(1,795	)		(6,313	)		N/A			N/A			(1,943	)		(3,076	)

Change in Net Assets from A Shares		(2,386	)		(3,854	)		(963	)		(4,592	)		N/A			N/A			(865	)		(880	)

C Shares:
Proceeds from Shares Issued		304			118			9			54			N/A			N/A			41			54
Dividends Reinvested		287			364			129			178			N/A			N/A			426			508
Cost of Shares Redeemed		(2,095	)		(5,122	)		(1,472	)		(3,331	)		N/A			N/A			(4,183	)		(6,226	)

Change in Net Assets from C Shares		(1,504	)		(4,640	)		(1,334	)		(3,099	)		N/A			N/A			(3,716	)		(5,664	)

Change in Net Assets from Capital Transactions	$	(21,242	)	$	(97,708	)	$	127,864		$	99,451		$	3,787		$	(18,570	)	$	(341,245	)	$	44,039

Share Transactions:
I Shares:
Issued		11,942			9,174			21,771			15,472			1,434			9,552			1,694			14,229
Reinvested		965			896			559			269			156			312			224			341
Redeemed		(14,624	)		(18,678	)		(10,982	)		(6,401	)		(1,215	)		(11,726	)		(35,833	)		(9,468	)

Change in I Shares		(1,717	)		(8,608	)		11,348			9,340			375			(1,862	)		(33,915	)		5,102

A Shares:
Issued		306			366			51			119			N/A			N/A			96			208
Reinvested		59			71			22			31			N/A			N/A			13			15
Redeemed		(591	)		(807	)		(157	)		(550	)		N/A			N/A			(197	)		(312	)

Change in A Shares		(226	)		(370	)		(84	)		(400	)		N/A			N/A			(88	)		(89	)

C Shares:
Issued		29			10			1			5			N/A			N/A			4			5
Reinvested		27			35			11			16			N/A			N/A			43			52
Redeemed		(198	)		(492	)		(128	)		(292	)		N/A			N/A			(421	)		(630	)

Change in C Shares		(142	)		(447	)		(116	)		(271	)		N/A			N/A			(374	)		(573	)

Change in Shares		(2,085	)		(9,425	)		11,148			8,669			375			(1,862	)		(34,377	)		4,440

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

199

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Maryland Municipal						North Carolina Tax-						Seix Floating Rate High
	Bond Fund						Exempt Bond Fund						Income Fund						Seix High Yield Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	1,386		$	1,360		$	1,575		$	1,539		$	49,636		$	29,105		$	67,016		$	85,471
Net Realized Gain (Loss) from Investments and Swaps		(116	)		62			(609	)		40			(25,168	)		2,204			(49,258	)		(6,489	)
Net Change in Unrealized Appreciation/Depreciation on Investments and Swaps		(574	)		307			(889	)		606			(53,643	)		2,172			(39,042	)		24,870

Change in Net Assets from Operations		696			1,729			77			2,185			(29,175	)		33,481			(21,284	)		103,852

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(1,217	)		(1,133	)		(1,546	)		(1,519	)		(48,930	)		(29,505	)		(65,571	)		(83,349	)
A Shares		(2	)		(10	)		(29	)		(19	)		(637	)		(309	)		(1,990	)		(2,198	)
C Shares		(167	)		(216	)		—			—			(9	)		—			(312	)		(320	)
Net Realized Gains:
I Shares		(19	)		(113	)		—			—			(1,465	)		(4	)		—			—
A Shares		—			—			—			—			(17	)		—			—			—
C Shares		(3	)		(29	)		—			—			(1	)		—			—			—

Total Dividends and Distributions		(1,408	)		(1,501	)		(1,575	)		(1,538	)		(51,059	)		(29,818	)		(67,873	)		(85,867	)

Change in Net Assets from Capital Transactions		8,332			(6,331	)		276			2,993			47,072			483,109			(373,448	)		(126,431	)

Change in Net Assets		7,620			(6,103	)		(1,222	)		3,640			(33,162	)		486,772			(462,605	)		(108,446	)

Net Assets:
Beginning of Period		36,431			42,534			45,028			41,388			593,177			106,405			1,151,338			1,259,784

End of Period	$	44,051		$	36,431		$	43,806		$	45,028		$	560,015		$	593,177		$	688,733		$	1,151,338

Accumulated Net Investment Gain (Loss), End of Period	$	(41	)	$	(41	)	$	(63	)	$	(63	)	$	(85	)	$	29		$	(782	)	$	17

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

200

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	Maryland Municipal						North Carolina Tax-						Seix Floating Rate High
	Bond Fund						Exempt Bond Fund						Income Fund						Seix High Yield Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	17,043		$	8,851		$	14,056		$	8,903		$	415,063		$	667,504		$	227,317		$	259,961
Dividends Reinvested		38			140			15			9			39,426			23,103			56,687			72,165
Cost of Shares Redeemed		(7,852	)		(12,346	)		(13,687	)		(6,700	)		(405,010	)		(217,739	)		(651,781	)		(450,506	)

Change in Net Assets from I Shares		9,229			(3,355	)		384			2,212			49,479			472,868			(367,777	)		(118,380	)

A Shares:
Proceeds from Shares Issued		294			684			601			1,025			8,633			10,570			1,675			3,056
Dividends Reinvested		2			9			9			8			214			167			1,895			2,028
Cost of Shares Redeemed		(293	)		(1,156	)		(716	)		(252	)		(11,489	)		(496	)		(8,751	)		(12,227	)

Change in Net Assets from A Shares		3			(463	)		(106	)		781			(2,642	)		10,241			(5,181	)		(7,143	)

C Shares:
Proceeds from Shares Issued		7			24			—			—			268			—			200			437
Dividends Reinvested		136			195			—			—			6			—			125			125
Cost of Shares Redeemed		(1,043	)		(2,732	)		(2	)		—			(39	)		—			(815	)		(1,470	)

Change in Net Assets from C Shares		(900	)		(2,513	)		(2	)		—			235			—			(490	)		(908	)

Change in Net Assets from Capital Transactions	$	8,332		$	(6,331	)	$	276		$	2,993		$	47,072		$	483,109		$	(373,448	)	$	(126,431	)

Share Transactions:
I Shares:
Issued		1,680			868			1,427			893			43,054			67,266			21,570			24,404
Reinvested		4			14			1			1			4,143			2,329			5,468			6,769
Redeemed		(777	)		(1,214	)		(1,383	)		(671	)		(43,415	)		(21,886	)		(62,214	)		(42,077	)

Change in I Shares		907			(332	)		45			223			3,782			47,709			(35,176	)		(10,904	)

A Shares:
Issued		30			67			61			103			888			1,066			164			294
Reinvested		—			1			1			—			22			17			188			195
Redeemed		(29	)		(113	)		(73	)		(25	)		(1,203	)		(50	)		(871	)		(1,176	)

Change in A Shares		1			(45	)		(11	)		78			(293	)		1,033			(519	)		(687	)

C Shares:
Issued		1			4			—			—			27			—			20			42
Reinvested		13			19			—			—			1			—			12			12
Redeemed		(103	)		(268	)		—			—			(4	)		—			(80	)		(139	)

Change in C Shares		(89	)		(245	)		—			—			24			—			(48	)		(85	)

Change in Shares		819			(622	)		34			301			3,513			48,742			(35,743	)		(11,676	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

201

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


							Short-Term U.S.
	Short-Term Bond Fund						Treasury Securities Fund						Strategic Income Fund						Total Return Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	17,192		$	15,575		$	2,916		$	2,719		$	6,126		$	8,876		$	32,003		$	27,234
Net Realized Gain (Loss) from Investments, Swaps, Futures and Foreign Currency Transactions		2,527			(1,256	)		286			(733	)		(1,084	)		1,505			5,965			(2,496	)
Net Change in Unrealized Appreciation/Depreciation on Investments, Swaps, Futures and Foreign Currencies		523			4,174			2,596			1,163			(1,934	)		3,394			3,710			8,248

Change in Net Assets from Operations		20,242			18,493			5,798			3,149			3,108			13,775			41,678			32,986

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(16,862	)		(15,322	)		(2,447	)		(2,140	)		(4,654	)		(5,188	)		(32,040	)		(27,347	)
A Shares		(162	)		(174	)		(157	)		(157	)		(75	)		(58	)		(13	)		(22	)
C Shares		(139	)		(205	)		(312	)		(421	)		(1,517	)		(1,278	)		(1	)		(1	)
Tax Return of Capital:
I Shares		—			—			—			—			—			(2,196	)		—			—
A Shares		—			—			—			—			—			(24	)		—			—
C Shares		—			—			—			—			—			(541	)		—			—

Total Dividends and Distributions		(17,163	)		(15,701	)		(2,916	)		(2,718	)		(6,246	)		(9,285	)		(32,054	)		(27,370	)

Change in Net Assets from Capital Transactions		(40,176	)		136,305			1,362			(8,905	)		(29,098	)		(175,090	)		19,107			98,162

Change in Net Assets		(37,097	)		139,097			4,244			(8,474	)		(32,236	)		(170,600	)		28,731			103,778

Net Assets:
Beginning of Period		435,000			295,903			70,811			79,285			120,820			291,420			602,029			498,251

End of Period	$	397,903		$	435,000		$	75,055		$	70,811		$	88,584		$	120,820		$	630,760		$	602,029

Accumulated Net Investment Income (Loss), End of Period	$	26		$	52		$	(1	)	$	(1	)	$	763		$	(965	)	$	1,245		$	(648	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

202

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


							Short-Term U.S.
	Short-Term Bond Fund						Treasury Securities Fund						Strategic Income Fund						Total Return Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	143,037		$	229,055		$	20,010		$	9,435		$	16,903		$	24,224		$	190,795		$	204,181
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			65,561
Dividends Reinvested		4,166			3,405			394			294			489			782			14,034			13,172
Cost of Shares Redeemed		(186,315	)		(89,715	)		(15,806	)		(9,587	)		(39,353	)		(184,717	)		(185,673	)		(184,578	)

Change in Net Assets from I Shares		(39,112	)		142,745			4,598			142			(21,961	)		(159,711	)		19,156			98,336

A Shares:
Proceeds from Shares Issued		1,760			2,096			402			281			798			783			29			196
Dividends Reinvested		120			137			121			124			50			61			9			12
Cost of Shares Redeemed		(1,886	)		(3,582	)		(850	)		(792	)		(740	)		(1,477	)		(97	)		(383	)

Change in Net Assets from A Shares		(6	)		(1,349	)		(327	)		(387	)		108			(633	)		(59	)		(175	)

C Shares:
Proceeds from Shares Issued		123			13			318			192			345			486			9			—
Dividends Reinvested		127			173			274			374			1,072			1,263			1			1
Cost of Shares Redeemed		(1,308	)		(5,277	)		(3,501	)		(9,226	)		(8,662	)		(16,495	)		—			—

Change in Net Assets from C Shares		(1,058	)		(5,091	)		(2,909	)		(8,660	)		(7,245	)		(14,746	)		10			1

Change in Net Assets from Capital Transactions	$	(40,176	)	$	136,305		$	1,362		$	(8,905	)	$	(29,098	)	$	(175,090	)	$	19,107		$	98,162

Share Transactions:
I Shares:
Issued		14,543			23,514			2,003			961			1,733			2,489			19,247			20,630
Issued in Acquisition		—			—			—			—			—			—			—			6,597
Reinvested		423			349			39			30			50			80			1,406			1,331
Redeemed		(18,997	)		(9,218	)		(1,588	)		(976	)		(4,051	)		(18,990	)		(18,646	)		(18,653	)

Change in I Shares		(4,031	)		14,645			454			15			(2,268	)		(16,421	)		2,007			9,905

A Shares:
Issued		179			215			40			29			83			81			2			19
Reinvested		12			14			12			13			5			6			1			1
Redeemed		(192	)		(367	)		(85	)		(81	)		(76	)		(151	)		(9	)		(37	)

Change in A Shares		(1	)		(138	)		(33	)		(39	)		12			(64	)		(6	)		(17	)

C Shares:
Issued		13			1			31			20			35			49			1			—
Reinvested		13			19			28			38			110			129			—			—
Redeemed		(133	)		(543	)		(353	)		(942	)		(891	)		(1,694	)		—			—

Change in C Shares		(107	)		(523	)		(294	)		(884	)		(746	)		(1,516	)		1			—

Change in Shares		(4,139	)		13,984			127			(908	)		(3,002	)		(18,001	)		2,002			9,888

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

203

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


													U.S. Government
							U.S. Government						Securities Ultra-Short						Virginia Intermediate
	Ultra-Short Bond Fund						Securities Fund						Bond Fund						Municipal Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	3,949		$	7,125		$	27,683		$	21,691		$	1,866		$	1,465		$	7,819		$	7,433
Net Realized Gain (Loss) from Investments		100			(520	)		4,039			(2,786	)		123			(108	)		(348	)		58
Net Change in Unrealized Appreciation/Depreciation on Investments		(864	)		1,489			13,983			8,034			267			469			(139	)		2,167

Change in Net Assets from Operations		3,185			8,094			45,705			26,939			2,256			1,826			7,332			9,658

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(3,946	)		(7,415	)		(27,304	)		(21,594	)		(1,928	)		(1,506	)		(7,529	)		(7,178	)
A Shares		N/A			N/A			(164	)		(119	)		N/A			N/A			(207	)		(189	)
C Shares		N/A			N/A			(177	)		(235	)		N/A			N/A			(83	)		(63	)

Total Dividends and Distributions		(3,946	)		(7,415	)		(27,645	)		(21,948	)		(1,928	)		(1,506	)		(7,819	)		(7,430	)

Change in Net Assets from Capital Transactions		3,007			(160,290	)		(61,398	)		210,619			28,165			(8,525	)		(9,265	)		46,132

Change in Net Assets		2,246			(159,611	)		(43,338	)		215,610			28,493			(8,205	)		(9,752	)		48,360

Net Assets:
Beginning of Period		85,646			245,257			543,026			327,416			34,411			42,616			223,592			175,232

End of Period	$	87,892		$	85,646		$	499,688		$	543,026		$	62,904		$	34,411		$	213,840		$	223,592

Accumulated Net Investment Income (Loss), End of Period	$	40		$	73		$	302		$	302		$	30		$	60		$	(21	)	$	(11	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

204

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


													U.S. Government
							U.S. Government						Securities Ultra-Short						Virginia Intermediate
	Ultra-Short Bond Fund						Securities Fund						Bond Fund						Municipal Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	50,129		$	56,762		$	221,770		$	318,558		$	41,205		$	13,831		$	35,802		$	30,094
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			50,730
Dividends Reinvested		1,395			1,246			3,769			3,313			901			420			162			224
Cost of Shares Redeemed		(48,517	)		(218,298	)		(286,437	)		(108,207	)		(13,941	)		(22,776	)		(45,889	)		(38,022	)

Change in Net Assets from I Shares		3,007			(160,290	)		(60,898	)		213,664			28,165			(8,525	)		(9,925	)		43,026

A Shares:
Proceeds from Shares Issued		N/A			N/A			3,457			1,947			N/A			N/A			2,525			481
Proceeds from Shares Issued in Acquisition		N/A			N/A			—			—			N/A			N/A			—			321
Dividends Reinvested		N/A			N/A			125			88			N/A			N/A			106			94
Cost of Shares Redeemed		N/A			N/A			(3,065	)		(2,241	)		N/A			N/A			(1,792	)		(1,037	)

Change in Net Assets from A Shares		N/A			N/A			517			(206	)		N/A			N/A			839			(141	)

C Shares:
Proceeds from Shares Issued		N/A			N/A			40			20			N/A			N/A			100			11
Proceeds from Shares Issued in Acquisition		N/A			N/A			—			—			N/A			N/A			—			3,903
Dividends Reinvested		N/A			N/A			158			207			N/A			N/A			60			48
Cost of Shares Redeemed		N/A			N/A			(1,215	)		(3,066	)		N/A			N/A			(339	)		(715	)

Change in Net Assets from C Shares		N/A			N/A			(1,017	)		(2,839	)		N/A			N/A			(179	)		3,247

Change in Net Assets from Capital Transactions	$	3,007		$	(160,290	)	$	(61,398	)	$	210,619		$	28,165		$	(8,525	)	$	(9,265	)	$	46,132

Share Transactions:
I Shares:
Issued		5,013			5,697			21,457			31,229			4,124			1,397			3,549			2,987
Issued in Acquisition		—			—			—			—			—			—			—			5,066
Reinvested		140			125			364			324			90			42			16			22
Redeemed		(4,852	)		(21,881	)		(27,370	)		(10,600	)		(1,397	)		(2,306	)		(4,555	)		(3,780	)

Change in I Shares		301			(16,059	)		(5,549	)		20,953			2,817			(867	)		(990	)		4,295

A Shares:
Issued		N/A			N/A			337			190			N/A			N/A			249			49
Issued in Acquisition		N/A			N/A			—			—			N/A			N/A			—			32
Reinvested		N/A			N/A			12			9			N/A			N/A			11			9
Redeemed		N/A			N/A			(296	)		(220	)		N/A			N/A			(177	)		(103	)

Change in A Shares		N/A			N/A			53			(21	)		N/A			N/A			83			(13	)

C Shares:
Issued		N/A			N/A			4			3			N/A			N/A			10			—
Issued in Acquisition		N/A			N/A			—			—			N/A			N/A			—			390
Reinvested		N/A			N/A			15			20			N/A			N/A			6			5
Redeemed		N/A			N/A			(118	)		(301	)		N/A			N/A			(34	)		(71	)

Change in C Shares		N/A			N/A			(99	)		(278	)		N/A			N/A			(18	)		324

Change in Shares		301			(16,059	)		(5,595	)		20,654			2,817			(867	)		(925	)		4,606

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

205

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


													U.S. Government
	Prime Quality Money						Tax-Exempt Money						Securities Money
	Market Fund						Market Fund						Market Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	430,271		$	371,296		$	56,139		$	57,426		$	45,412		$	34,251
Net Realized Gain (Loss) from Investments		(2,263	)		13			51			212			2			(2	)

Change in Net Assets from Operations		428,008			371,309			56,190			57,638			45,414			34,249

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(159,091	)		(147,344	)		(38,714	)		(38,998	)		(34,341	)		(23,547	)
A Shares		(271,012	)		(223,766	)		(17,424	)		(18,401	)		(11,103	)		(10,691	)
C Shares		(168	)		(180	)		N/A			N/A			N/A			N/A
Net Realized Gains:
I Shares		—			—			(195	)		(83	)		—			—
A Shares		—			—			(83	)		(39	)		—			—
C Shares		—			—			N/A			N/A			N/A			N/A

Total Dividends and Distributions		(430,271	)		(371,290	)		(56,416	)		(57,521	)		(45,444	)		(34,238	)

Change in Net Assets from Capital Transactions		1,194,783			2,177,286			412,027			(91,894	)		1,492,880			281,542

Change in Net Assets		1,192,520			2,177,305			411,801			(91,777	)		1,492,850			281,553

Net Assets:
Beginning of Period		9,169,738			6,992,433			1,752,104			1,843,881			949,094			667,541

End of Period	$	10,362,258		$	9,169,738		$	2,163,905		$	1,752,104		$	2,441,944		$	949,094

Accumulated Net Investment Income (Loss), End of Period	$	33		$	33		$	27		$	26		$	(18	)	$	13

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

206

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


													U.S. Government
	Prime Quality Money						Tax-Exempt Money						Securities Money
	Market Fund						Market Fund						Market Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	5,562,214		$	4,179,973		$	2,388,440		$	1,706,593		$	2,368,401		$	1,415,785
Dividends Reinvested		18,302			16,752			8			105			328			656
Cost of Shares Redeemed		(4,993,485	)		(3,924,831	)		(1,972,418	)		(1,721,806	)		(951,500	)		(1,139,198	)

Change in Net Assets from I Shares		587,031			271,894			416,030			(15,108	)		1,417,229			277,243

A Shares:
Proceeds from Shares Issued		2,874,940			3,355,734			724,129			665,313			411,165			380,290
Dividends Reinvested		270,896			223,647			17,508			18,439			11,103			10,691
Cost of Shares Redeemed		(2,538,480	)		(1,673,732	)		(745,640	)		(760,538	)		(346,617	)		(386,682	)

Change in Net Assets from A Shares		607,356			1,905,649			(4,003	)		(76,786	)		75,651			4,299

C Shares:
Proceeds from Shares Issued		1,253			1,252			N/A			N/A			N/A			N/A
Dividends Reinvested		144			154			N/A			N/A			N/A			N/A
Cost of Shares Redeemed		(1,001	)		(1,663	)		N/A			N/A			N/A			N/A

Change in Net Assets from C Shares		396			(257	)		N/A			N/A			N/A			N/A

Change in Net Assets from Capital Transactions	$	1,194,783		$	2,177,286		$	412,027		$	(91,894	)	$	1,492,880		$	281,542

Share Transactions:
I Shares:
Issued		5,562,214			4,179,973			2,388,440			1,706,593			2,368,401			1,415,785
Reinvested		18,302			16,752			8			105			328			656
Redeemed		(4,993,485	)		(3,924,831	)		(1,972,418	)		(1,721,806	)		(951,500	)		(1,139,198	)

Change in I Shares		587,031			271,894			416,030			(15,108	)		1,417,229			277,243

A Shares:
Issued		2,874,940			3,355,734			724,129			665,313			411,165			380,290
Reinvested		270,896			223,647			17,508			18,439			11,103			10,691
Redeemed		(2,538,480	)		(1,673,732	)		(745,640	)		(760,538	)		(346,617	)		(386,682	)

Change in A Shares		607,356			1,905,649			(4,003	)		(76,786	)		75,651			4,299

C Shares:
Issued		1,253			1,252			N/A			N/A			N/A			N/A
Reinvested		144			154			N/A			N/A			N/A			N/A
Redeemed		(1,001	)		(1,663	)		N/A			N/A			N/A			N/A

Change in C Shares		396			(257	)		N/A			N/A			N/A			N/A

Change in Shares		1,194,783			2,177,286			412,027			(91,894	)		1,492,880			281,542

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

207

STATEMENTS OF CHANGES IN NET ASSETS (continued)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	U.S. Treasury Money						Virginia Tax-Free Money
	Market Fund						Market Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07

Operations:
Net Investment Income (Loss)	$	40,159		$	62,652		$	19,247		$	16,709
Net Realized Gain (Loss) from Investments		31			—			147			—

Change in Net Assets from Operations		40,190			62,652			19,394			16,709

Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(38,384	)		(61,585	)		(8,010	)		(6,879	)
A Shares		(1,775	)		(1,049	)		(11,237	)		(9,822	)
Net Realized Gains:
I Shares		—			—			(36	)		(2	)
A Shares		—			—			(56	)		(2	)

Total Dividends and Distributions		(40,159	)		(62,634	)		(19,339	)		(16,705	)

Change in Net Assets from Capital Transactions		175,144			(605,937	)		104,392			78,657

Change in Net Assets		175,175			(605,919	)		104,447			78,661

Net Assets:
Beginning of Period		1,056,619			1,662,538			608,732			530,071

End of Period	$	1,231,794		$	1,056,619		$	713,179		$	608,732

Accumulated Net Investment Income (Loss), End of Period	$	80		$	80		$	13		$	13

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

208

STATEMENTS OF CHANGES IN NET ASSETS (concluded)
RIDGEWORTH FUNDS For the Periods Indicated (Amounts in thousands)


	U.S. Treasury Money						Virginia Tax-Free Money
	Market Fund						Market Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-
	03/31/08			03/31/07			03/31/08			03/31/07

Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	3,607,616		$	3,869,543		$	520,612		$	350,300
Dividends Reinvested		337			387			1,179			1,075
Cost of Shares Redeemed		(3,502,714	)		(4,495,054	)		(457,068	)		(347,504	)

Change in Net Assets from I Shares		105,239			(625,124	)		64,723			3,871

A Shares:
Proceeds from Shares Issued		365,712			64,373			482,660			426,820
Dividends Reinvested		1,775			1,049			11,293			9,824
Cost of Shares Redeemed		(297,582	)		(46,235	)		(454,284	)		(361,858	)

Change in Net Assets from A Shares		69,905			19,187			39,669			74,786

Change in Net Assets from Capital Transactions	$	175,144		$	(605,937	)	$	104,392		$	78,657

Share Transactions:
I Shares:
Issued		3,607,616			3,869,543			520,612			350,299
Reinvested		337			387			1,179			1,075
Redeemed		(3,502,714	)		(4,495,054	)		(457,068	)		(347,504	)

Change in I Shares		105,239			(625,124	)		64,723			3,870

A Shares:
Issued		365,712			64,373			482,660			426,820
Reinvested		1,775			1,049			11,293			9,824
Redeemed		(297,582	)		(46,235	)		(454,284	)		(361,858	)

Change in A Shares		69,905			19,187			39,669			74,786

Change in Shares		175,144			(605,937	)		104,392			78,656

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

209

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Georgia Tax-Exempt Bond Fund
I Shares
Year Ended March 31, 2008	$	10.25	$	0.39		$	(0.33	)	$	0.06		$	(0.36	)	$	—		$	(0.36	)	$	9.95		0.60	%	$	169,453		0.59	%		3.83	%		0.60	%		30	%
Year Ended March 31, 2007		10.16		0.37			0.13			0.50			(0.40	)		(0.01	)		(0.41	)		10.25		4.95			142,485		0.60			3.71			0.60			61
Year Ended March 31, 2006		10.21		0.36	(a)		(0.04	)		0.32			(0.36	)		(0.01	)		(0.37	)		10.16		3.19			115,929		0.64			3.53			0.66			43
Period Ended March 31, 2005†		10.24		0.28			0.20			0.48			(0.27	)		(0.24	)		(0.51	)		10.21		4.73			96,503		0.67			3.31			0.71			52
Year Ended May 31, 2004		10.89		0.34	(a)		(0.58	)		(0.24	)		(0.34	)		(0.07	)		(0.41	)		10.24		(2.18	)		98,113		0.71			3.26			0.76			100
Year Ended May 31, 2003		10.29		0.38			0.60			0.98			(0.38	)		—			(0.38	)		10.89		9.64			98,866		0.71			3.55			0.76			17
A Shares
Year Ended March 31, 2008		10.26		0.38			(0.32	)		0.06			(0.35	)		—			(0.35	)		9.97		0.54			4,164		0.74			3.63			0.75			30
Year Ended March 31, 2007		10.18		0.35			0.12			0.47			(0.38	)		(0.01	)		(0.39	)		10.26		4.68			3,592		0.75			3.56			0.75			61
Year Ended March 31, 2006		10.22		0.35	(a)		(0.03	)		0.32			(0.35	)		(0.01	)		(0.36	)		10.18		3.12			3,711		0.79			3.38			0.81			43
Period Ended March 31, 2005†		10.25		0.27			0.20			0.47			(0.26	)		(0.24	)		(0.50	)		10.22		4.57			2,660		0.86			3.12			0.99			52
Year Ended May 31, 2004		10.90		0.32	(a)		(0.58	)		(0.26	)		(0.32	)		(0.07	)		(0.39	)		10.25		(2.39	)		2,735		0.92			3.06			1.36			100
Year Ended May 31, 2003		10.31		0.35			0.59			0.94			(0.35	)		—			(0.35	)		10.90		9.29			2,630		0.92			3.34			1.41			17
C Shares
Year Ended March 31, 2008		10.25		0.28			(0.31	)		(0.03	)		(0.26	)		—			(0.26	)		9.96		(0.31	)		5,063		1.59			2.75			1.60			30
Year Ended March 31, 2007		10.17		0.26			0.12			0.38			(0.29	)		(0.01	)		(0.30	)		10.25		3.81			6,508		1.60			2.74			1.60			61
Year Ended March 31, 2006		10.22		0.27	(a)		(0.04	)		0.23			(0.27	)		(0.01	)		(0.28	)		10.17		2.25			9,567		1.57			2.61			1.67			43
Period Ended March 31, 2005†		10.25		0.22			0.20			0.42			(0.21	)		(0.24	)		(0.45	)		10.22		4.09			10,664		1.42			2.56			1.73			52
Year Ended May 31, 2004		10.90		0.27	(a)		(0.58	)		(0.31	)		(0.27	)		(0.07	)		(0.34	)		10.25		(2.87	)		13,351		1.42			2.55			1.84			100
Year Ended May 31, 2003		10.30		0.30			0.60			0.90			(0.30	)		—			(0.30	)		10.90		8.86			16,591		1.42			2.84			1.84			17
High Grade Municipal Bond Fund
I Shares
Year Ended March 31, 2008		10.92		0.37			(0.09	)		0.28			(0.37	)		(0.03	)		(0.40	)		10.80		2.58			173,975		0.66			3.40			0.66			183
Year Ended March 31, 2007		10.82		0.37			0.12			0.49			(0.37	)		(0.02	)		(0.39	)		10.92		4.54			163,707		0.60			3.37			0.61			128
Year Ended March 31, 2006		10.90		0.34			(0.03	)		0.31			(0.34	)		(0.05	)		(0.39	)		10.82		2.90			165,341		0.63			3.13			0.65			90
Period Ended March 31, 2005†		10.93		0.26			0.10			0.36			(0.26	)		(0.13	)		(0.39	)		10.90		3.31			157,500		0.67			2.84			0.71			66
Year Ended May 31, 2004		11.69		0.32	(a)		(0.56	)		(0.24	)		(0.32	)		(0.20	)		(0.52	)		10.93		(2.07	)		165,065		0.71			2.82			0.75			56
Year Ended May 31, 2003		10.95		0.40			0.79			1.19			(0.40	)		(0.05	)		(0.45	)		11.69		11.13			147,423		0.71			3.54			0.75			62
A Shares
Year Ended March 31, 2008		10.93		0.35			(0.10	)		0.25			(0.35	)		(0.03	)		(0.38	)		10.80		2.33			2,442		0.81			3.26			0.81			183
Year Ended March 31, 2007		10.83		0.35			0.12			0.47			(0.35	)		(0.02	)		(0.37	)		10.93		4.38			2,844		0.75			3.23			0.76			128
Year Ended March 31, 2006		10.91		0.33			(0.03	)		0.30			(0.33	)		(0.05	)		(0.38	)		10.83		2.73			5,077		0.80			2.98			0.81			90
Period Ended March 31, 2005†		10.93		0.25			0.11			0.36			(0.25	)		(0.13	)		(0.38	)		10.91		3.24			6,129		0.86			2.65			0.94			66
Year Ended May 31, 2004		11.69		0.30	(a)		(0.56	)		(0.26	)		(0.30	)		(0.20	)		(0.50	)		10.93		(2.28	)		5,906		0.92			2.62			1.13			56
Year Ended May 31, 2003		10.95		0.38			0.79			1.17			(0.38	)		(0.05	)		(0.43	)		11.69		10.89			8,191		0.92			3.29			1.13			62

See Notes to Financial Highlights and Notes to Financial Statements.

210

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
High Grade Municipal Bond Fund
C Shares
Year Ended March 31, 2008	$	10.95	$	0.26		$	(0.10	)	$	0.16		$	(0.26	)	$	(0.03	)	$	(0.29	)	$	10.82		1.46	%	$	5,069		1.66	%		2.40	%		1.66	%		183	%
Year Ended March 31, 2007		10.85		0.26			0.12			0.38			(0.26	)		(0.02	)		(0.28	)		10.95		3.49			6,724		1.60			2.37			1.61			128
Year Ended March 31, 2006		10.93		0.24			(0.03	)		0.21			(0.24	)		(0.05	)		(0.29	)		10.85		1.95			8,783		1.56			2.22			1.66			90
Period Ended March 31, 2005†		10.96		0.19			0.10			0.29			(0.19	)		(0.13	)		(0.32	)		10.93		2.66			12,347		1.42			2.09			1.73			66
Year Ended May 31, 2004		11.71		0.24	(a)		(0.55	)		(0.31	)		(0.24	)		(0.20	)		(0.44	)		10.96		(2.68	)		19,952		1.42			2.14			1.81			56
Year Ended May 31, 2003		10.97		0.32			0.79			1.11			(0.32	)		(0.05	)		(0.37	)		11.71		10.32			40,241		1.42			2.81			1.80			62
High Income Fund(4)
I Shares
Year Ended March 31, 2008		7.36		0.57			(0.82	)		(0.25	)		(0.58	)		(0.13	)		(0.71	)		6.40		(3.68	)		30,587		0.70			8.23			0.71			403
Year Ended March 31, 2007		6.97		0.58			0.39			0.97			(0.58	)		—			(0.58	)		7.36		14.58			42,809		0.70			8.11			0.71			379
Year Ended March 31, 2006		7.38		0.55			(0.03	)		0.52			(0.55	)		(0.38	)		(0.93	)		6.97		7.53			36,764		0.72			7.64			0.82			208
Period Ended March 31, 2005†		7.38		0.46			0.21			0.67			(0.46	)		(0.21	)		(0.67	)		7.38		9.31			51,318		0.73			7.47			0.87			191
Year Ended May 31, 2004		7.16		0.62	(a)		0.22			0.84			(0.62	)		—			(0.62	)		7.38		11.94			71,314		0.76			8.27			0.91			49
Year Ended May 31, 2003		7.25		0.61			(0.09	)		0.52			(0.61	)		—			(0.61	)		7.16		8.19			100,852		0.78			8.95			0.93			20
A Shares
Year Ended March 31, 2008		7.37		0.55			(0.82	)		(0.27	)		(0.56	)		(0.13	)		(0.69	)		6.41		(3.96	)		847		1.00			7.95			1.02			403
Year Ended March 31, 2007		6.98		0.56			0.39			0.95			(0.56	)		—			(0.56	)		7.37		14.22			498		1.00			7.86			1.01			379
Year Ended March 31, 2006		7.39		0.53			(0.03	)		0.50			(0.53	)		(0.38	)		(0.91	)		6.98		7.20			403		1.03			7.36			1.13			208
Period Ended March 31, 2005†		7.38		0.44			0.22			0.66			(0.44	)		(0.21	)		(0.65	)		7.39		9.17			739		1.03			7.34			1.39			191
Period Ended May 31, 2004		7.39		0.35	(a)		(0.01	)		0.34			(0.35	)		—			(0.35	)		7.38		4.61			1,508		1.10			7.80			1.88			49
C Shares
Year Ended March 31, 2008		7.36		0.50			(0.82	)		(0.32	)		(0.51	)		(0.13	)		(0.64	)		6.40		(4.63	)		20,546		1.71			7.24			1.72			403
Year Ended March 31, 2007		6.97		0.51			0.39			0.90			(0.51	)		—			(0.51	)		7.36		13.45			28,862		1.70			7.11			1.71			379
Year Ended March 31, 2006		7.38		0.49			(0.03	)		0.46			(0.49	)		(0.38	)		(0.87	)		6.97		6.57			36,062		1.62			6.78			1.83			208
Period Ended March 31, 2005†		7.38		0.42			0.21			0.63			(0.42	)		(0.21	)		(0.63	)		7.38		8.69			52,847		1.40			6.78			1.88			191
Year Ended May 31, 2004		7.16		0.57	(a)		0.22			0.79			(0.57	)		—			(0.57	)		7.38		11.23			75,693		1.40			7.62			1.98			49
Year Ended May 31, 2003		7.25		0.57			(0.09	)		0.48			(0.57	)		—			(0.57	)		7.16		7.52			64,418		1.40			8.43			2.00			20
Intermediate Bond Fund(4)
I Shares
Year Ended March 31, 2008		9.96		0.50			0.33			0.83			(0.49	)		(0.01	)		(0.50	)		10.29		8.57			812,982		0.29			4.80			0.30			254
Year Ended March 31, 2007		9.85		0.46	(a)		0.11			0.57			(0.46	)		—			(0.46	)		9.96		5.97			94,136		0.31			4.67			0.31			225
Year Ended March 31, 2006		10.08		0.38			(0.21	)		0.17			(0.39	)		(0.01	)		(0.40	)		9.85		1.76			78,187		0.31			3.88			0.31			154
Period Ended March 31, 2005		10.37		0.14			(0.21	)		(0.07	)		(0.14	)		(0.08	)		(0.22	)		10.08		(0.75	)		47,981		0.29			3.25			0.29			94
Year Ended October 31, 2004††		10.23		0.34			0.14			0.48			(0.34	)		—			(0.34	)		10.37		4.73			35,848		0.45			3.25			0.59			130
Year Ended October 31, 2003		10.12		0.37			0.15			0.52			(0.41	)		—			(0.41	)		10.23		5.16			28,689		0.45			3.42			0.56			277
A Shares
Year Ended March 31, 2008		9.95		0.47			0.34			0.81			(0.46	)		(0.01	)		(0.47	)		10.29		8.39			736		0.55			4.60			0.55			254
Year Ended March 31, 2007		9.85		0.44	(a)		0.10			0.54			(0.44	)		—			(0.44	)		9.95		5.62			105		0.58			4.72			0.58			225
Year Ended March 31, 2006		10.08		0.39			(0.25	)		0.14			(0.36	)		(0.01	)		(0.37	)		9.85		1.39			4		0.56			3.83			0.57			154
Period Ended March 31, 2005		10.36		0.13			(0.21	)		(0.08	)		(0.12	)		(0.08	)		(0.20	)		10.08		(0.82	)		1		0.63			2.84			0.63			94
Period Ended October 31, 2004††		10.32		0.02			0.04			0.06			(0.02	)		—			(0.02	)		10.36		0.53			1		0.71			2.58			0.71			130

See Notes to Financial Highlights and Notes to Financial Statements.

211

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Intermediate Bond Fund(4)
C Shares
Year Ended March 31, 2008	$	9.95	$	0.28		$	0.34		$	0.62		$	(0.27	)	$	(0.01	)	$	(0.28	)	$	10.29		6.35	%	$	9		1.32	%		3.66	%		1.32	%		254	%
Year Ended March 31, 2007		9.85		0.36	(a)		0.12			0.48			(0.38	)		—			(0.38	)		9.95		4.92			1		1.31			3.61			1.31			225
Year Ended March 31, 2006		10.08		0.28			(0.21	)		0.07			(0.29	)		(0.01	)		(0.30	)		9.85		0.74			68		1.24			2.86			1.25			154
Period Ended March 31, 2005		10.36		0.11			(0.21	)		(0.10	)		(0.10	)		(0.08	)		(0.18	)		10.08		(0.96	)		1		0.91			2.47			1.36			94
Period Ended October 31, 2004††		10.32		0.01			0.04			0.05			(0.01	)		—			(0.01	)		10.36		0.51			1		1.00			2.22			1.41			130
Investment Grade Bond Fund
I Shares
Year Ended March 31, 2008		10.49		0.50			0.26			0.76			(0.51	)		—			(0.51	)		10.74		7.47			385,110		0.56			4.82			0.56			227
Year Ended March 31, 2007		10.40		0.49			0.10			0.59			(0.50	)		—			(0.50	)		10.49		5.79			394,196		0.55			4.70			0.55			240
Year Ended March 31, 2006		10.51		0.42			(0.11	)		0.31			(0.42	)		—			(0.42	)		10.40		2.94			480,024		0.65			3.91			0.65			171
Period Ended March 31, 2005†		10.31		0.29			0.19			0.48			(0.28	)		—			(0.28	)		10.51		4.71			602,995		0.78			3.31			0.80			268
Year Ended May 31, 2004		10.94		0.35	(a)		(0.60	)		(0.25	)		(0.38	)		—			(0.38	)		10.31		(2.31	)		578,345		0.82			3.29			0.84			119
Year Ended May 31, 2003		10.24		0.40			0.76			1.16			(0.46	)		—			(0.46	)		10.94		11.61			821,342		0.81			3.92			0.83			137
A Shares
Year Ended March 31, 2008		10.49		0.47			0.26			0.73			(0.48	)		—			(0.48	)		10.74		7.15			14,495		0.86			4.54			0.86			227
Year Ended March 31, 2007		10.40		0.46			0.10			0.56			(0.47	)		—			(0.47	)		10.49		5.48			16,526		0.85			4.40			0.85			240
Year Ended March 31, 2006		10.50		0.38			(0.10	)		0.28			(0.38	)		—			(0.38	)		10.40		2.69			20,210		1.00			3.57			1.00			171
Period Ended March 31, 2005†		10.31		0.26			0.18			0.44			(0.25	)		—			(0.25	)		10.50		4.24			23,687		1.21			2.90			1.26			268
Year Ended May 31, 2004		10.94		0.31	(a)		(0.60	)		(0.29	)		(0.34	)		—			(0.34	)		10.31		(2.70	)		31,263		1.22			2.90			1.38			119
Year Ended May 31, 2003		10.24		0.38			0.74			1.12			(0.42	)		—			(0.42	)		10.94		11.16			34,874		1.22			3.45			1.38			137
C Shares
Year Ended March 31, 2008		10.50		0.40			0.26			0.66			(0.41	)		—			(0.41	)		10.75		6.40			7,709		1.56			3.83			1.56			227
Year Ended March 31, 2007		10.40		0.38			0.11			0.49			(0.39	)		—			(0.39	)		10.50		4.84			9,024		1.55			3.69			1.55			240
Year Ended March 31, 2006		10.51		0.31			(0.11	)		0.20			(0.31	)		—			(0.31	)		10.40		1.94			13,580		1.63			2.93			1.66			171
Period Ended March 31, 2005†		10.31		0.21			0.19			0.40			(0.20	)		—			(0.20	)		10.51		3.90			17,923		1.71			2.39			1.84			268
Year Ended May 31, 2004		10.95		0.25	(a)		(0.60	)		(0.35	)		(0.29	)		—			(0.29	)		10.31		(3.27	)		24,327		1.71			2.40			2.00			119
Year Ended May 31, 2003		10.25		0.31			0.76			1.07			(0.37	)		—			(0.37	)		10.95		10.61			37,810		1.71			3.01			1.97			137
Investment Grade Tax-Exempt Bond Fund
I Shares
Year Ended March 31, 2008		11.47		0.38			0.15			0.53			(0.38	)		(0.03	)		(0.41	)		11.59		4.73			546,323		0.57			3.32			0.57			189
Year Ended March 31, 2007		11.38		0.38			0.12			0.50			(0.37	)		(0.04	)		(0.41	)		11.47		4.51			410,473		0.55			3.28			0.55			214
Year Ended March 31, 2006		11.45		0.33			0.01			0.34			(0.33	)		(0.08	)		(0.41	)		11.38		2.92			300,986		0.64			2.84			0.64			237
Period Ended March 31, 2005†		11.44		0.23			0.20			0.43			(0.24	)		(0.18	)		(0.42	)		11.45		3.74			259,542		0.77			2.36			0.80			178
Year Ended May 31, 2004		12.01		0.27	(a)		(0.32	)		(0.05	)		(0.27	)		(0.25	)		(0.52	)		11.44		(0.45	)		205,266		0.81			2.33			0.84			242
Year Ended May 31, 2003		11.57		0.30			0.90			1.20			(0.30	)		(0.46	)		(0.76	)		12.01		10.80			185,485		0.81			2.57			0.84			329
A Shares
Year Ended March 31, 2008		11.48		0.35			0.15			0.50			(0.35	)		(0.03	)		(0.38	)		11.60		4.41			10,869		0.87			3.02			0.87			189
Year Ended March 31, 2007		11.39		0.34			0.13			0.47			(0.34	)		(0.04	)		(0.38	)		11.48		4.20			11,723		0.85			2.97			0.85			214
Year Ended March 31, 2006		11.46		0.29			0.01			0.30			(0.29	)		(0.08	)		(0.37	)		11.39		2.57			16,182		0.99			2.49			0.99			237
Period Ended March 31, 2005†		11.46		0.19			0.19			0.38			(0.20	)		(0.18	)		(0.38	)		11.46		3.28			17,430		1.20			1.93			1.26			178
Year Ended May 31, 2004		12.03		0.23	(a)		(0.33	)		(0.10	)		(0.22	)		(0.25	)		(0.47	)		11.46		(0.85	)		19,086		1.22			1.92			1.36			242
Year Ended May 31, 2003		11.58		0.25			0.91			1.16			(0.25	)		(0.46	)		(0.71	)		12.03		10.42			21,756		1.22			2.16			1.36			329

See Notes to Financial Highlights and Notes to Financial Statements.

212

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Investment Grade Tax-Exempt Bond Fund
C Shares
Year Ended March 31, 2008	$	11.46	$	0.26		$	0.16		$	0.42		$	(0.27	)	$	(0.03	)	$	(0.30	)	$	11.58		3.69	%	$	5,983		1.57	%		2.33	%		1.57	%		189	%
Year Ended March 31, 2007		11.37		0.26			0.13			0.39			(0.26	)		(0.04	)		(0.30	)		11.46		3.48			7,254		1.55			2.27			1.55			214
Year Ended March 31, 2006		11.44		0.21			0.01			0.22			(0.21	)		(0.08	)		(0.29	)		11.37		1.92			10,284		1.65			1.85			1.67			237
Period Ended March 31, 2005†		11.44		0.14			0.19			0.33			(0.15	)		(0.18	)		(0.33	)		11.44		2.86			15,612		1.70			1.43			1.82			178
Year Ended May 31, 2004		12.01		0.17	(a)		(0.32	)		(0.15	)		(0.17	)		(0.25	)		(0.42	)		11.44		(1.33	)		22,969		1.70			1.45			1.92			242
Year Ended May 31, 2003		11.57		0.20			0.90			1.10			(0.20	)		(0.46	)		(0.66	)		12.01		9.82			32,684		1.70			1.68			1.91			329
Limited Duration Fund
I Shares
Year Ended March 31, 2008		9.98		0.50			(0.12	)		0.38			(0.49	)		—			(0.49	)		9.87		3.90			43,509		0.17			5.01			0.17			132
Year Ended March 31, 2007		9.99		0.51			(0.02	)		0.49			(0.50	)		—			(0.50	)		9.98		5.04			40,291		0.14			5.03			0.14			185
Year Ended March 31, 2006		9.98		0.35			0.02			0.37			(0.36	)		—			(0.36	)		9.99		3.73			58,887		0.15			3.39			0.15			94
Period Ended March 31, 2005		9.98		0.08			—			0.08			(0.08	)		—			(0.08	)		9.98		0.84			83,315		0.16			2.12			0.16			12
Year Ended October 31, 2004††		9.98		0.11			—			0.11			(0.11	)		—			(0.11	)		9.98		1.09			129,259		0.20			1.04			0.26			101
Year Ended October 31, 2003		10.00		0.11			(0.02	)		0.09			(0.11	)		—			(0.11	)		9.98		0.92			146,513		0.20			1.10			0.26			244
Limited-Term Federal Mortgage Securities Fund
I Shares
Year Ended March 31, 2008		9.94		0.46	(a)		0.03			0.49			(0.50	)		—			(0.50	)		9.93		5.08			85,638		0.58			4.63			0.58			154
Year Ended March 31, 2007		9.88		0.43	(a)		0.09			0.52			(0.46	)		—			(0.46	)		9.94		5.33			422,749		0.55			4.32			0.55			90
Year Ended March 31, 2006		10.09		0.35			(0.15	)		0.20			(0.41	)		—			(0.41	)		9.88		2.04			369,991		0.61			3.41			0.63			81
Period Ended March 31, 2005†		10.18		0.31			(0.08	)		0.23			(0.32	)		—			(0.32	)		10.09		2.26			407,543		0.66			3.60			0.71			41
Year Ended May 31, 2004		10.59		0.24	(a)		(0.36	)		(0.12	)		(0.29	)		—			(0.29	)		10.18		(1.10	)		435,446		0.70			2.32			0.75			146
Year Ended May 31, 2003		10.31		0.29	(a)		0.42			0.71			(0.42	)		(0.01	)		(0.43	)		10.59		6.99			320,718		0.70			2.79			0.75			117
A Shares
Year Ended March 31, 2008		9.92		0.44	(a)		0.03			0.47			(0.48	)		—			(0.48	)		9.91		4.88			2,670		0.78			4.46			0.78			154
Year Ended March 31, 2007		9.87		0.41	(a)		0.08			0.49			(0.44	)		—			(0.44	)		9.92		5.03			3,540		0.75			4.12			0.75			90
Year Ended March 31, 2006		10.07		0.30			(0.11	)		0.19			(0.39	)		—			(0.39	)		9.87		1.93			4,398		0.83			3.21			0.85			81
Period Ended March 31, 2005†		10.16		0.29			(0.08	)		0.21			(0.30	)		—			(0.30	)		10.07		2.07			5,854		0.90			3.47			1.00			41
Year Ended May 31, 2004		10.57		0.21	(a)		(0.35	)		(0.14	)		(0.27	)		—			(0.27	)		10.16		(1.36	)		9,495		0.96			2.06			1.17			146
Year Ended May 31, 2003		10.29		0.24	(a)		0.44			0.68			(0.39	)		(0.01	)		(0.40	)		10.57		6.72			13,668		0.96			2.33			1.20			117
C Shares
Year Ended March 31, 2008		9.94		0.36	(a)		0.03			0.39			(0.40	)		—			(0.40	)		9.93		4.04			10,798		1.58			3.65			1.59			154
Year Ended March 31, 2007		9.89		0.33	(a)		0.08			0.41			(0.36	)		—			(0.36	)		9.94		4.18			14,530		1.55			3.30			1.55			90
Year Ended March 31, 2006		10.10		0.23			(0.12	)		0.11			(0.32	)		—			(0.32	)		9.89		1.14			20,112		1.50			2.54			1.65			81
Period Ended March 31, 2005†		10.18		0.25			(0.07	)		0.18			(0.26	)		—			(0.26	)		10.10		1.81			34,924		1.31			3.04			1.74			41
Year Ended May 31, 2004		10.59		0.17	(a)		(0.35	)		(0.18	)		(0.23	)		—			(0.23	)		10.18		(1.71	)		70,000		1.31			1.68			1.82			146
Year Ended May 31, 2003		10.31		0.21	(a)		0.43			0.64			(0.35	)		(0.01	)		(0.36	)		10.59		6.33			166,211		1.31			1.97			1.80			117

See Notes to Financial Highlights and Notes to Financial Statements.

213

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Maryland Municipal Bond Fund(4)
I Shares
Year Ended March 31, 2008	$	10.21	$	0.37		$	(0.16	)	$	0.21		$	(0.37	)	$	(0.01	)	$	(0.38	)	$	10.04		2.07	%	$	38,138		0.62	%		3.66	%		0.62	%		23	%
Year Ended March 31, 2007		10.14		0.38	(a)		0.11			0.49			(0.38	)		(0.04	)		(0.42	)		10.21		4.93			29,513		0.63			3.75			0.63			57
Year Ended March 31, 2006		10.27		0.38			(0.04	)		0.34			(0.38	)		(0.09	)		(0.47	)		10.14		3.34			32,699		0.66			3.68			0.68			55
Period Ended March 31, 2005†		10.27		0.30			0.10			0.40			(0.31	)		(0.09	)		(0.40	)		10.27		3.87			31,046		0.64			3.49			0.72			30
Year Ended May 31, 2004		10.94		0.36	(a)		(0.47	)		(0.11	)		(0.36	)		(0.20	)		(0.56	)		10.27		(1.06	)		29,735		0.72			3.39			0.80			15
Year Ended May 31, 2003		10.32		0.37			0.63			1.00			(0.37	)		(0.01	)		(0.38	)		10.94		9.85			30,501		0.70			3.47			0.78			31
A Shares
Year Ended March 31, 2008		10.22		0.36			(0.16	)		0.20			(0.36	)		(0.01	)		(0.37	)		10.05		1.91			45		0.79			3.65			0.79			23
Year Ended March 31, 2007		10.15		0.38	(a)		0.10			0.48			(0.37	)		(0.04	)		(0.41	)		10.22		4.77			45		0.78			3.69			0.78			57
Period Ended March 31, 2006		10.32		0.30			(0.07	)		0.23			(0.31	)		(0.09	)		(0.40	)		10.15		2.25			502		0.77			3.54			0.78			55
C Shares
Year Ended March 31, 2008		10.23		0.27			(0.16	)		0.11			(0.27	)		(0.01	)		(0.28	)		10.06		1.05			5,868		1.63			2.67			1.63			23
Year Ended March 31, 2007		10.16		0.28	(a)		0.11			0.39			(0.28	)		(0.04	)		(0.32	)		10.23		3.88			6,873		1.63			2.75			1.63			57
Year Ended March 31, 2006		10.29		0.28			(0.04	)		0.24			(0.28	)		(0.09	)		(0.37	)		10.16		2.30			9,333		1.67			2.69			1.70			55
Period Ended March 31, 2005†		10.29		0.21			0.10			0.31			(0.22	)		(0.09	)		(0.31	)		10.29		3.03			13,197		1.63			2.50			1.74			30
Year Ended May 31, 2004		10.96		0.26	(a)		(0.47	)		(0.21	)		(0.26	)		(0.20	)		(0.46	)		10.29		(1.97	)		18,897		1.64			2.46			1.82			15
Year Ended May 31, 2003		10.34		0.27			0.63			0.90			(0.27	)		(0.01	)		(0.28	)		10.96		8.81			29,556		1.64			2.52			1.81			31
North Carolina Tax-Exempt Bond Fund(4)
I Shares
Year Ended March 31, 2008		10.05		0.37			(0.34	)		0.03			(0.37	)		—			(0.37	)		9.71		0.26			43,046		0.61			3.69			0.61			76
Year Ended March 31, 2007		9.90		0.35	(a)		0.15			0.50			(0.35	)		—			(0.35	)		10.05		5.17			44,130		0.59			3.54			0.59			84
Year Ended March 31, 2006		9.87		0.31			0.03			0.34			(0.31	)		—			(0.31	)		9.90		3.51			41,276		0.68			3.14			0.70			85
Period Ended March 31, 2005†		9.76		0.25			0.14			0.39			(0.25	)		(0.03	)		(0.28	)		9.87		3.97			40,798		0.75			2.78			0.82			32
Period Ended May 31, 2004		10.00		0.09			(0.24	)		(0.15	)		(0.09	)		—			(0.09	)		9.76		(1.52	)		32,757		0.75			2.45			2.30			20
A Shares
Year Ended March 31, 2008		10.03		0.34			(0.34	)		—			(0.35	)		—			(0.35	)		9.68		0.01			760		0.77			3.57			0.77			76
Year Ended March 31, 2007		9.88		0.34	(a)		0.15			0.49			(0.34	)		—			(0.34	)		10.03		5.02			896		0.75			3.46			0.75			84
Year Ended March 31, 2006		9.87		0.37			0.01			0.38			(0.37	)		—			(0.37	)		9.88		3.85			110		0.66			2.47			0.67			85
Period Ended March 31, 2005†		9.97		0.01			(0.10	)		(0.09	)		(0.01	)		—			(0.01	)		9.87		(0.89	)		—		—			3.84			—			32
C Shares
Year Ended March 31, 2008(e)		10.04		0.02			(0.01	)		0.01			(0.02	)		—			(0.02	)		10.03		0.12			—		1.62			2.62			1.62			76
Year Ended March 31, 2007		9.89		0.25	(a)		0.15			0.40			(0.25	)		—			(0.25	)		10.04		4.14			2		1.59			2.56			1.59			84
Year Ended March 31, 2006		9.87		0.30			0.02			0.32			(0.30	)		—			(0.30	)		9.89		3.23			2		1.58			2.18			1.58			85
Period Ended March 31, 2005†		9.97		0.01			(0.10	)		(0.09	)		(0.01	)		—			(0.01	)		9.87		(0.90	)		—		—			3.70			—			32
Seix Floating Rate High Income Fund(4)
I Shares
Year Ended March 31, 2008		9.98		0.70			(1.06	)		(0.36	)		(0.70	)		(0.02	)		(0.72	)		8.90		(3.85	)		553,208		0.51			7.34			0.51			134
Year Ended March 31, 2007		9.96		0.69			0.03			0.72			(0.70	)		—			(0.70	)		9.98		7.47			582,861		0.51			7.03			0.51			148
Period Ended March 31, 2006		10.00		0.04			(0.04	)		—			(0.04	)		—			(0.04	)		9.96		0.02			106,405		0.56			5.24			0.80			9
A Shares
Year Ended March 31, 2008		9.99		0.67			(1.07	)		(0.40	)		(0.67	)		(0.02	)		(0.69	)		8.90		(4.25	)		6,591		0.82			7.01			0.82			134
Period Ended March 31, 2007		9.94		0.60			0.06			0.66			(0.61	)		—			(0.61	)		9.99		6.87			10,310		0.79			6.83			0.79			148
C Shares
Period Ended March 31, 2008		9.52		0.40			(0.61	)		(0.21	)		(0.39	)		(0.02	)		(0.41	)		8.90		(2.31	)		216		1.49			6.43			1.49			134

See Notes to Financial Highlights and Notes to Financial Statements.

214

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Seix High Yield Fund(4)
I Shares
Year Ended March 31, 2008	$	10.84	$	0.80		$	(1.06	)	$	(0.26	)	$	(0.81	)	$	—		$	(0.81	)	$	9.77		(2.50	)%	$	663,081		0.49	%		7.70	%		0.50	%		117	%
Year Ended March 31, 2007		10.69		0.74			0.15			0.89			(0.74	)		—			(0.74	)		10.84		8.68			1,116,851		0.48			6.92			0.48			130
Year Ended March 31, 2006		10.94		0.68			(0.10	)		0.58			(0.68	)		(0.15	)		(0.83	)		10.69		5.37			1,217,679		0.49			6.20			0.50			95
Period Ended March 31, 2005		11.42		0.29			(0.35	)		(0.06	)		(0.29	)		(0.13	)		(0.42	)		10.94		(0.53	)		1,391,879		0.51			6.22			0.57			42
Year Ended October 31, 2004††		11.09		0.72			0.35			1.07			(0.72	)		(0.02	)		(0.74	)		11.42		9.97			1,689,327		0.55			6.48			0.64			73
Year Ended October 31, 2003		10.17		0.68			0.92			1.60			(0.68	)		—			(0.68	)		11.09		16.10			1,057,993		0.55			6.67			0.67			108
A Shares
Year Ended March 31, 2008		10.60		0.77			(1.04	)		(0.27	)		(0.78	)		—			(0.78	)		9.55		(2.65	)		21,640		0.75			7.68			0.75			117
Year Ended March 31, 2007		10.45		0.72			0.15			0.87			(0.72	)		—			(0.72	)		10.60		8.61			29,517		0.74			6.82			0.74			130
Year Ended March 31, 2006		10.70		0.65			(0.10	)		0.55			(0.65	)		(0.15	)		(0.80	)		10.45		5.22			36,291		0.73			5.94			0.73			95
Period Ended March 31, 2005		11.18		0.28			(0.35	)		(0.07	)		(0.28	)		(0.13	)		(0.41	)		10.70		(0.64	)		9,706		0.78			6.12			0.85			42
Year Ended October 31, 2004††		10.75		0.56			0.45			1.01			(0.56	)		(0.02	)		(0.58	)		11.18		9.73			15,975		0.80			6.22			0.88			73
Year Ended October 31, 2003		9.78		0.68			0.82			1.50			(0.53	)		—			(0.53	)		10.75		15.72			14,992		0.90			6.45			0.93			108
C Shares
Year Ended March 31, 2008		10.83		0.70			(1.05	)		(0.35	)		(0.71	)		—			(0.71	)		9.77		(3.40	)		4,012		1.50			6.75			1.50			117
Year Ended March 31, 2007		10.68		0.63			0.15			0.78			(0.63	)		—			(0.63	)		10.83		7.62			4,970		1.48			5.92			1.48			130
Year Ended March 31, 2006		10.93		0.58			(0.10	)		0.48			(0.58	)		(0.15	)		(0.73	)		10.68		4.45			5,814		1.39			5.25			1.48			95
Period Ended March 31, 2005		11.42		0.26			(0.36	)		(0.10	)		(0.26	)		(0.13	)		(0.39	)		10.93		(0.89	)		3,260		1.41			5.46			1.54			42
Period Ended October 31, 2004††		11.32		0.04			0.10			0.14			(0.04	)		—			(0.04	)		11.42		1.20			1		1.18			6.29			1.41			73
Short-Term Bond Fund
I Shares
Year Ended March 31, 2008		9.78		0.45			0.09			0.54			(0.45	)		—			(0.45	)		9.87		5.63			390,659		0.45			4.58			0.46			152
Year Ended March 31, 2007		9.71		0.43	(a)		0.07			0.50			(0.43	)		—			(0.43	)		9.78		5.23			426,757		0.46			4.38			0.46			104
Year Ended March 31, 2006		9.73		0.32			(0.01	)		0.31			(0.33	)		—			(0.33	)		9.71		3.24			281,282		0.55			3.32			0.57			94
Period Ended March 31, 2005†		9.84		0.20			(0.11	)		0.09			(0.20	)		—			(0.20	)		9.73		0.96			288,502		0.66			2.48			0.71			64
Year Ended May 31, 2004		10.04		0.24	(a)		(0.19	)		0.05			(0.25	)		—			(0.25	)		9.84		0.45			282,188		0.70			2.42			0.75			66
Year Ended May 31, 2003		10.01		0.33			0.03			0.36			(0.33	)		—			(0.33	)		10.04		3.70			302,708		0.70			3.34			0.75			89
A Shares
Year Ended March 31, 2008		9.81		0.43			0.08			0.51			(0.43	)		—			(0.43	)		9.89		5.30			3,767		0.65			4.38			0.66			152
Year Ended March 31, 2007		9.73		0.41	(a)		0.08			0.49			(0.41	)		—			(0.41	)		9.81		5.11			3,742		0.66			4.15			0.66			104
Year Ended March 31, 2006		9.75		0.30			(0.01	)		0.29			(0.31	)		—			(0.31	)		9.73		3.01			5,062		0.77			3.09			0.79			94
Period Ended March 31, 2005†		9.87		0.19			(0.12	)		0.07			(0.19	)		—			(0.19	)		9.75		0.67			5,783		0.89			2.26			1.00			64
Year Ended May 31, 2004		10.07		0.22	(a)		(0.20	)		0.02			(0.22	)		—			(0.22	)		9.87		0.24			5,880		0.91			2.21			1.21			66
Year Ended May 31, 2003		10.04		0.31			0.03			0.34			(0.31	)		—			(0.31	)		10.07		3.47			5,685		0.91			3.09			1.28			89
C Shares
Year Ended March 31, 2008		9.81		0.35			0.08			0.43			(0.35	)		—			(0.35	)		9.89		4.46			3,477		1.46			3.58			1.46			152
Year Ended March 31, 2007		9.73		0.33	(a)		0.08			0.41			(0.33	)		—			(0.33	)		9.81		4.29			4,501		1.46			3.33			1.46			104
Year Ended March 31, 2006		9.75		0.24			(0.01	)		0.23			(0.25	)		—			(0.25	)		9.73		2.34			9,559		1.42			2.44			1.59			94
Period Ended March 31, 2005†		9.86		0.16			(0.11	)		0.05			(0.16	)		—			(0.16	)		9.75		0.46			15,114		1.26			1.88			1.74			64
Year Ended May 31, 2004		10.06		0.19	(a)		(0.20	)		(0.01	)		(0.19	)		—			(0.19	)		9.86		(0.11	)		23,528		1.26			1.87			1.87			66
Year Ended May 31, 2003		10.03		0.28			0.03			0.31			(0.28	)		—			(0.28	)		10.06		3.11			32,608		1.26			2.74			1.85			89

See Notes to Financial Highlights and Notes to Financial Statements.

215

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																					Ratio of
																																		Ratio of			Expenses to
						Net																									Ratio of			Net			Average
						Realized																									Net			Investment			Net Assets
						and												Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			Distributions			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			from Tax			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Return of			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Capital			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Short-Term U.S. Treasury Securities Fund
I Shares
Year Ended March 31, 2008	$	9.86	$	0.42		$	0.40		$	0.82		$	(0.42	)	$	—		$	—		$	(0.42	)	$	10.26		8.56	%	$	62,416		0.48	%		4.24	%		0.49	%		66	%
Year Ended March 31, 2007		9.80		0.39			0.06			0.45			(0.39	)		—			—			(0.39	)		9.86		4.64			55,459		0.48			3.93			0.48			87
Year Ended March 31, 2006		9.91		0.28			(0.11	)		0.17			(0.28	)		—			—			(0.28	)		9.80		1.70			54,991		0.58			2.79			0.63			151
Period Ended March 31, 2005†		10.11		0.14			(0.11	)		0.03			(0.14	)		—			(0.09	)		(0.23	)		9.91		0.35			69,935		0.65			1.68			0.71			82
Year Ended May 31, 2004		10.36		0.14	(a)		(0.13	)		0.01			(0.14	)		—			(0.12	)		(0.26	)		10.11		0.11			92,371		0.70			1.36			0.76			131
Year Ended May 31, 2003		10.20		0.22			0.22			0.44			(0.22	)		—			(0.06	)		(0.28	)		10.36		4.31			121,617		0.69			2.07			0.75			140
A Shares
Year Ended March 31, 2008		9.85		0.41			0.40			0.81			(0.41	)		—			—			(0.41	)		10.25		8.37			3,800		0.66			4.07			0.67			66
Year Ended March 31, 2007		9.79		0.37			0.06			0.43			(0.37	)		—			—			(0.37	)		9.85		4.46			3,974		0.66			3.75			0.66			87
Year Ended March 31, 2006		9.90		0.26			(0.11	)		0.15			(0.26	)		—			—			(0.26	)		9.79		1.52			4,336		0.76			2.60			0.82			151
Period Ended March 31, 2005†		10.10		0.13			(0.11	)		0.02			(0.13	)		—			(0.09	)		(0.22	)		9.90		0.21			6,349		0.84			1.47			0.95			82
Year Ended May 31, 2004		10.35		0.12	(a)		(0.13	)		(0.01	)		(0.12	)		—			(0.12	)		(0.24	)		10.10		(0.06	)		12,823		0.86			1.20			1.06			131
Year Ended May 31, 2003		10.19		0.20			0.22			0.42			(0.20	)		—			(0.06	)		(0.26	)		10.35		4.13			15,558		0.86			1.76			1.07			140
C Shares
Year Ended March 31, 2008		9.84		0.32			0.41			0.73			(0.32	)		—			—			(0.32	)		10.25		7.60			8,839		1.48			3.27			1.50			66
Year Ended March 31, 2007		9.78		0.29			0.06			0.35			(0.29	)		—			—			(0.29	)		9.84		3.62			11,378		1.48			2.90			1.48			87
Year Ended March 31, 2006		9.89		0.20			(0.11	)		0.09			(0.20	)		—			—			(0.20	)		9.78		0.88			19,958		1.39			1.99			1.65			151
Period Ended March 31, 2005†		10.09		0.10			(0.11	)		(0.01	)		(0.10	)		—			(0.09	)		(0.19	)		9.89		(0.03	)		33,796		1.12			1.22			1.74			82
Year Ended May 31, 2004		10.34		0.10	(a)		(0.13	)		(0.03	)		(0.10	)		—			(0.12	)		(0.22	)		10.09		(0.30	)		62,232		1.11			0.97			1.82			131
Year Ended May 31, 2003		10.18		0.17			0.22			0.39			(0.17	)		—			(0.06	)		(0.23	)		10.34		3.88			127,757		1.11			1.59			1.79			140
Strategic Income Fund(4)
I Shares
Year Ended March 31, 2008		9.88		0.60	(a)		(0.27	)		0.33			(0.61	)		—			—			(0.61	)		9.60		3.43			62,581		0.69			6.16			0.71			439
Year Ended March 31, 2007		9.64		0.50	(a)		0.31			0.81			(0.40	)		(0.17	)		—			(0.57	)		9.88		8.66			86,812		0.71			5.20			0.73			397
Year Ended March 31, 2006		10.24		0.43	(a)		(0.41	)		0.02			(0.44	)		—			(0.18	)		(0.62	)		9.64		0.19			243,001		0.76			4.35			0.79			317
Period Ended March 31, 2005†		9.81		0.39	(a)		0.49			0.88			(0.39	)		—			(0.06	)		(0.45	)		10.24		9.10			196,921		0.86			4.55			0.96			305
Year Ended May 31, 2004		9.99		0.55	(a)		(0.14	)		0.41			(0.53	)		—			(0.06	)		(0.59	)		9.81		4.15			98,570		0.90			5.53			1.00			95
Year Ended May 31, 2003		9.80		0.61			0.20			0.81			(0.62	)		—			—			(0.62	)		9.99		8.73			61,906		0.91			6.39			1.01			52
A Shares
Year Ended March 31, 2008		9.92		0.57	(a)		(0.27	)		0.30			(0.58	)		—			—			(0.58	)		9.64		3.10			1,226		0.99			5.84			1.00			439
Year Ended March 31, 2007		9.68		0.49	(a)		0.30			0.79			(0.39	)		(0.16	)		—			(0.55	)		9.92		8.31			1,144		1.01			5.10			1.03			397
Year Ended March 31, 2006		10.27		0.41	(a)		(0.41	)		—			(0.41	)		—			(0.18	)		(0.59	)		9.68		(0.01	)		1,740		1.10			4.08			1.16			317
Period Ended March 31, 2005†		9.82		0.39	(a)		0.49			0.88			(0.37	)		—			(0.06	)		(0.43	)		10.27		9.04			3,795		1.15			4.59			1.37			305
Period Ended May 31, 2004		9.93		0.33	(a)		(0.07	)		0.26			(0.31	)		—			(0.06	)		(0.37	)		9.82		2.59			4,181		1.15			5.15			1.60			95
C Shares
Year Ended March 31, 2008		9.88		0.50	(a)		(0.26	)		0.24			(0.51	)		—			—			(0.51	)		9.61		2.50			24,777		1.70			5.17			1.71			439
Year Ended March 31, 2007		9.65		0.43	(a)		0.28			0.71			(0.34	)		(0.14	)		—			(0.48	)		9.88		7.48			32,864		1.71			4.43			1.73			397
Year Ended March 31, 2006		10.24		0.35	(a)		(0.41	)		(0.06	)		(0.35	)		—			(0.18	)		(0.53	)		9.65		(0.57	)		46,679		1.63			3.53			1.83			317
Period Ended March 31, 2005†		9.81		0.37	(a)		0.46			0.83			(0.34	)		—			(0.06	)		(0.40	)		10.24		8.60			79,792		1.42			4.34			1.98			305
Year Ended May 31, 2004		9.99		0.50	(a)		(0.14	)		0.36			(0.48	)		—			(0.06	)		(0.54	)		9.81		3.59			117,216		1.43			4.98			2.03			95
Year Ended May 31, 2003		9.80		0.57			0.19			0.76			(0.57	)		—			—			(0.57	)		9.99		8.16			129,965		1.43			5.67			2.04			52

See Notes to Financial Highlights and Notes to Financial Statements.

216

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Total Return Bond Fund(4)
I Shares
Year Ended March 31, 2008	$	9.96	$	0.51		$	0.14		$	0.65		$	(0.51	)	$	—		$	(0.51	)	$	10.10		6.74	%	$	630,451		0.30	%		5.14	%		0.30	%		248	%
Year Ended March 31, 2007		9.86		0.48			0.11			0.59			(0.49	)		—			(0.49	)		9.96		6.16			601,676		0.30			4.97			0.30			310
Year Ended March 31, 2006		10.12		0.41			(0.24	)		0.17			(0.42	)		(0.01	)		(0.43	)		9.86		1.68			497,730		0.29			4.01			0.29			236
Period Ended March 31, 2005		10.30		0.15			(0.14	)		0.01			(0.14	)		(0.05	)		(0.19	)		10.12		0.09			176,537		0.37			3.12			0.37			150
Year Ended October 31, 2004††		10.31		0.31			0.23			0.54			(0.32	)		(0.23	)		(0.55	)		10.30		5.49			56,019		0.45			3.03			0.59			330
Year Ended October 31, 2003		10.00		0.30			0.35			0.65			(0.34	)		—			(0.34	)		10.31		6.58			33,662		0.45			3.10			0.51			463
A Shares
Year Ended March 31, 2008		10.26		0.49			0.14			0.63			(0.49	)		—			(0.49	)		10.40		6.28			269		0.54			4.76			0.54			248
Year Ended March 31, 2007		10.15		0.46			0.12			0.58			(0.47	)		—			(0.47	)		10.26		5.82			324		0.54			4.57			0.54			310
Year Ended March 31, 2006		10.41		0.38			(0.24	)		0.14			(0.39	)		(0.01	)		(0.40	)		10.15		1.38			493		0.56			3.67			0.56			236
Period Ended March 31, 2005		10.60		0.12	(a)		(0.13	)		(0.01	)		(0.13	)		(0.05	)		(0.18	)		10.41		(0.11	)		267		0.62			2.78			0.62			150
Year Ended October 31, 2004††		10.49		0.18			0.35			0.53			(0.19	)		(0.23	)		(0.42	)		10.60		5.22			417		0.70			2.80			0.83			330
Year Ended October 31, 2003		10.08		0.29			0.34			0.63			(0.22	)		—			(0.22	)		10.49		6.24			303		0.68			2.66			0.68			463
C Shares
Year Ended March 31, 2008		9.96		0.41			0.14			0.55			(0.41	)		—			(0.41	)		10.10		5.68			40		1.30			4.13			1.30			248
Year Ended March 31, 2007		9.86		0.38			0.11			0.49			(0.39	)		—			(0.39	)		9.96		5.10			29		1.30			3.96			1.30			310
Year Ended March 31, 2006		10.12		0.32			(0.24	)		0.08			(0.33	)		(0.01	)		(0.34	)		9.86		0.76			28		1.24			3.10			1.27			236
Period Ended March 31, 2005		10.30		0.11			(0.13	)		(0.02	)		(0.11	)		(0.05	)		(0.16	)		10.12		(0.17	)		1		1.01			2.50			1.37			150
Period Ended October 31, 2004††		10.25		0.01			0.06			0.07			(0.02	)		—			(0.02	)		10.30		0.65			1		1.10			2.71			1.41			330
Ultra-Short Bond Fund(b)
I Shares
Year Ended March 31, 2008		10.00		0.47			(0.09	)		0.38			(0.47	)		—			(0.47	)		9.91		3.89			87,892		0.30			4.72			0.33			126
Year Ended March 31, 2007		9.96		0.48			0.05			0.53			(0.49	)		—			(0.49	)		10.00		5.44			85,646		0.28			4.58			0.28			96
Year Ended March 31, 2006		10.00		0.36			(0.04	)		0.32			(0.36	)		—			(0.36	)		9.96		3.23			245,257		0.30			3.61			0.37			114
Period Ended March 31, 2005†		10.05		0.15			(0.05	)		0.10			(0.15	)		—			(0.15	)		10.00		1.22			74,259		0.31			1.89			0.81			44
Year Ended May 31, 2004		10.10		0.15	(a)		(0.05	)		0.10			(0.15	)		—			(0.15	)		10.05		1.01			112,453		0.31			1.50			0.86			83
Year Ended May 31, 2003		10.00		0.20			0.10			0.30			(0.20	)		—			(0.20	)		10.10		3.16			146,590		0.31			1.84			0.86			56
U.S. Government Securities Fund
I Shares
Year Ended March 31, 2008		10.29		0.50			0.30			0.80			(0.50	)		—			(0.50	)		10.59		8.04			491,970		0.55			4.89			0.55			134
Year Ended March 31, 2007		10.19		0.47			0.11			0.58			(0.48	)		—			(0.48	)		10.29		5.86			535,056		0.55			4.70			0.55			131
Year Ended March 31, 2006		10.42		0.37			(0.20	)		0.17			(0.40	)		—			(0.40	)		10.19		1.66			316,475		0.65			3.63			0.65			118
Period Ended March 31, 2005†		10.35		0.29			0.09			0.38			(0.31	)		—			(0.31	)		10.42		3.74			319,058		0.77			3.41			0.80			64
Year Ended May 31, 2004		10.93		0.31	(a)		(0.50	)		(0.19	)		(0.35	)		(0.04	)		(0.39	)		10.35		(1.77	)		298,997		0.81			2.95			0.84			240
Year Ended May 31, 2003		10.47		0.44			0.51			0.95			(0.46	)		(0.03	)		(0.49	)		10.93		9.25			258,585		0.81			4.00			0.84			150
A Shares
Year Ended March 31, 2008		10.29		0.47			0.30			0.77			(0.47	)		—			(0.47	)		10.59		7.72			3,496		0.85			4.61			0.85			134
Year Ended March 31, 2007		10.19		0.44			0.11			0.55			(0.45	)		—			(0.45	)		10.29		5.54			2,849		0.85			4.40			0.85			131
Year Ended March 31, 2006		10.41		0.32			(0.17	)		0.15			(0.37	)		—			(0.37	)		10.19		1.43			3,032		0.99			3.31			0.99			118
Period Ended March 31, 2005†		10.35		0.26			0.08			0.34			(0.28	)		—			(0.28	)		10.41		3.32			3,080		1.17			3.17			1.28			64
Year Ended May 31, 2004		10.93		0.27	(a)		(0.50	)		(0.23	)		(0.31	)		(0.04	)		(0.35	)		10.35		(2.17	)		8,484		1.22			2.54			1.52			240
Year Ended May 31, 2003		10.47		0.40			0.51			0.91			(0.42	)		(0.03	)		(0.45	)		10.93		8.79			9,333		1.22			3.59			1.45			150

See Notes to Financial Highlights and Notes to Financial Statements.

217

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																																		Ratio of
																															Ratio of			Expenses to
						Net																						Ratio of			Net			Average
						Realized																						Net			Investment			Net Assets
						and									Distributions						Net							Expenses			Income			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			to			Waivers,
	Value,		Investment			Gains						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Losses) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
U.S. Government Securities Fund
C Shares
Year Ended March 31, 2008	$	10.29	$	0.40		$	0.30		$	0.70		$	(0.40	)	$	—		$	(0.40	)	$	10.59		6.97	%	$	4,222		1.55	%		3.90	%		1.55	%		134	%
Year Ended March 31, 2007		10.19		0.37			0.11			0.48			(0.38	)		—			(0.38	)		10.29		4.81			5,121		1.55			3.67			1.55			131
Year Ended March 31, 2006		10.41		0.27			(0.19	)		0.08			(0.30	)		—			(0.30	)		10.19		0.76			7,909		1.66			2.60			1.68			118
Period Ended March 31, 2005†		10.35		0.21			0.08			0.29			(0.23	)		—			(0.23	)		10.41		2.83			12,229		1.74			2.50			1.85			64
Year Ended May 31, 2004		10.93		0.22	(a)		(0.50	)		(0.28	)		(0.26	)		(0.04	)		(0.30	)		10.35		(2.67	)		18,993		1.73			2.04			1.97			240
Year Ended May 31, 2003		10.48		0.34			0.50			0.84			(0.36	)		(0.03	)		(0.39	)		10.93		8.14			39,423		1.73			3.10			1.93			150
U.S. Government Securities Ultra-Short Bond Fund(b)
I Shares
Year Ended March 31, 2008		9.95		0.43			0.10			0.53			(0.45	)		—			(0.45	)		10.03		5.41			62,904		0.28			4.33			0.33			140
Year Ended March 31, 2007		9.85		0.42			0.11			0.53			(0.43	)		—			(0.43	)		9.95		5.50			34,411		0.29			4.23			0.33			141
Year Ended March 31, 2006		9.90		0.36			(0.06	)		0.30			(0.35	)		—			(0.35	)		9.85		3.12			42,616		0.29			3.41			0.47			126
Period Ended March 31, 2005†		9.95		0.20			(0.05	)		0.15			(0.20	)		—			(0.20	)		9.90		1.36			49,623		0.18			2.02			0.71			42
Year Ended May 31, 2004		10.00		0.15	(a)		(0.05	)		0.10			(0.15	)		—			(0.15	)		9.95		1.01			77,360		0.24			1.25			0.77			109
Year Ended May 31, 2003		9.95		0.20			0.06			0.26			(0.20	)		(0.01	)		(0.21	)		10.00		2.80			95,277		0.23			1.76			0.76			87
Virginia Intermediate Municipal Bond Fund(4)
I Shares
Year Ended March 31, 2008		10.11		0.37			(0.02	)		0.35			(0.37	)		—			(0.37	)		10.09		3.51			204,507		0.60			3.65			0.60			28
Year Ended March 31, 2007		10.01		0.36			0.10			0.46			(0.36	)		—			(0.36	)		10.11		4.67			214,908		0.59			3.59			0.60			54
Year Ended March 31, 2006		10.11		0.34			(0.03	)		0.31			(0.34	)		(0.07	)		(0.41	)		10.01		3.05			169,743		0.65			3.33			0.66			54
Period Ended March 31, 2005†		10.15		0.28			0.05			0.33			(0.28	)		(0.09	)		(0.37	)		10.11		3.21			176,959		0.71			3.23			0.71			46
Year Ended May 31, 2004		10.68		0.34	(a)		(0.44	)		(0.10	)		(0.34	)		(0.09	)		(0.43	)		10.15		(1.00	)		181,558		0.75			3.23			0.75			26
Year Ended May 31, 2003		10.29		0.36			0.49			0.85			(0.36	)		(0.10	)		(0.46	)		10.68		8.43			206,432		0.75			3.45			0.75			30
A Shares
Year Ended March 31, 2008		10.11		0.35			(0.02	)		0.33			(0.35	)		—			(0.35	)		10.09		3.36			6,232		0.75			3.50			0.75			28
Year Ended March 31, 2007		10.01		0.35			0.10			0.45			(0.35	)		—			(0.35	)		10.11		4.52			5,395		0.74			3.43			0.75			54
Year Ended March 31, 2006		10.11		0.33			(0.03	)		0.30			(0.33	)		(0.07	)		(0.40	)		10.01		2.92			5,480		0.79			3.22			0.82			54
Period Ended March 31, 2005†		10.15		0.27			0.05			0.32			(0.27	)		(0.09	)		(0.36	)		10.11		3.14			7,143		0.80			3.16			0.90			46
Year Ended May 31, 2004		10.68		0.33	(a)		(0.44	)		(0.11	)		(0.33	)		(0.09	)		(0.42	)		10.15		(1.04	)		10,566		0.79			3.19			1.04			26
Year Ended May 31, 2003		10.29		0.36			0.49			0.85			(0.36	)		(0.10	)		(0.46	)		10.68		8.38			10,484		0.79			3.40			1.07			30
C Shares
Year Ended March 31, 2008		10.11		0.27			(0.02	)		0.25			(0.27	)		—			(0.27	)		10.09		2.48			3,101		1.60			2.65			1.60			28
Year Ended March 31, 2007		10.01		0.26			0.10			0.36			(0.26	)		—			(0.26	)		10.11		3.64			3,289		1.60			2.63			1.61			54
Period Ended March 31, 2006		10.27		0.14			(0.19	)		(0.05	)		(0.14	)		(0.07	)		(0.21	)		10.01		(0.52	)		9		1.62			2.35			1.62			54

See Notes to Financial Highlights and Notes to Financial Statements.

218

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																														Ratio of
																											Ratio of			Expenses to
					Net																			Ratio of			Net			Average
					Realized																			Net			Investment			Net Assets
					and							Distributions					Net							Expenses			Income			(Excluding
	Net Asset		Net		Unrealized				Dividends			from		Total			Asset							to			to			Waivers,
	Value,		Investment		Gains				from Net			Realized		Dividends			Value,					Net Assets,		Average			Average			Reimbursements
	Beginning		Income		(Losses) on		Total From		Investment			Capital		and			End of		Total			End of		Net			Net			and Expense
	of Period		(Loss)		Investments		Operations		Income			Gains		Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)
Prime Quality Money Market Fund
I Shares
Year Ended March 31, 2008	$	1.00	$	0.04	$	—	$	0.04	$	(0.04	)	$	—	$	(0.04	)	$	1.00		4.46	%(d)	$	3,834,993		0.52	%		4.34	%(d)		0.52	%
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		4.83			3,248,781		0.53			4.73			0.53
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.25			2,976,881		0.58			3.19			0.61
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.13			3,173,794		0.60			1.34			0.71
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.52			3,477,598		0.63			0.52			0.74
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.17			4,284,266		0.63			1.14			0.74
A Shares
Year Ended March 31, 2008		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.30	(d)		6,523,136		0.67			4.21	(d)		0.67
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		4.67			5,917,224		0.68			4.59			0.68
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.08			4,011,561		0.74			3.16			0.76
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.96			2,124,606		0.80			1.17			0.91
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.34			1,851,615		0.81			0.34			0.95
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.98			1,925,521		0.81			0.96			0.94
C Shares
Year Ended March 31, 2008		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.20	(d)		4,129		0.77			4.11	(d)		0.77
Year Ended March 31, 2007		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.57			3,733		0.78			4.47			0.78
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.01			3,991		0.82			2.81			1.10
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.94			10,093		0.83			0.99			1.48
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.22			25,444		0.93			0.21			1.59
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.54			14,633		1.25			0.53			1.62
Tax-Exempt Money Market Fund
I Shares
Year Ended March 31, 2008		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.94			1,573,560		0.48			2.85			0.48
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.15			1,157,688		0.48			3.10			0.48
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—		(0.02	)		1.00		2.27			1,172,717		0.50			2.25			0.53
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.90			936,272		0.51			1.04			0.61
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.48			978,548		0.55			0.46			0.64
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.81			1,088,415		0.54			0.79			0.64
A Shares
Year Ended March 31, 2008		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.78			590,345		0.63			2.75			0.63
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.00			594,416		0.63			2.95			0.63
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—		(0.02	)		1.00		2.12			671,164		0.65			2.10			0.68
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.78			402,333		0.65			0.92			0.75
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.35			274,543		0.67			0.34			0.80
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.68			239,451		0.67			0.67			0.79
U.S. Government Securities Money Market Fund
I Shares
Year Ended March 31, 2008		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.12			2,108,351		0.58			3.71			0.58
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		4.62			691,145		0.59			4.56			0.59
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.07			413,893		0.62			2.99			0.65
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.03			517,253		0.62			1.24			0.71
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.43			615,324		0.66			0.43			0.75
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		1.01			992,560		0.65			1.00			0.74

See Notes to Financial Highlights and Notes to Financial Statements.

219

FINANCIAL HIGHLIGHTS

RIDGEWORTH FUNDS Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.


																														Ratio of
																											Ratio of			Expenses to
					Net																			Ratio of			Net			Average
					Realized																			Net			Investment			Net Assets
					and							Distributions					Net							Expenses			Income			(Excluding
	Net Asset		Net		Unrealized				Dividends			from		Total			Asset							to			to			Waivers,
	Value,		Investment		Gains				from Net			Realized		Dividends			Value,					Net Assets,		Average			Average			Reimbursements
	Beginning		Income		(Losses) on		Total From		Investment			Capital		and			End of		Total			End of		Net			Net			and Expense
	of Period		(Loss)		Investments		Operations		Income			Gains		Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)
U.S. Government Securities Money Market Fund
A Shares
Year Ended March 31, 2008	$	1.00	$	0.04	$	—	$	0.04	$	(0.04	)	$	—	$	(0.04	)	$	1.00		3.96	%	$	333,593		0.74	%		3.86	%		0.74	%
Year Ended March 31, 2007		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.46			257,949		0.74			4.37			0.74
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.91			253,648		0.77			2.91			0.80
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.89			230,041		0.78			1.06			0.88
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.28			234,100		0.80			0.28			0.92
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.86			250,246		0.80			0.86			0.92
U.S. Treasury Money Market Fund(4)
I Shares
Year Ended March 31, 2008		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		3.67			1,130,334		0.58			3.57			0.59
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—		(0.05	)		1.00		4.61			1,025,065		0.58			4.50			0.58
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.99			1,650,172		0.60			2.98			0.63
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.99			1,407,783		0.62			1.19			0.71
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.37			1,233,565		0.66			0.32			0.75
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.88			1,080,779		0.65			0.81			0.74
A Shares
Year Ended March 31, 2008		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.52			101,460		0.73			3.03			0.74
Year Ended March 31, 2007		1.00		0.04		—		0.04		(0.04	)		—		(0.04	)		1.00		4.45			31,554		0.73			4.41			0.73
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.84			12,366		0.75			3.12			0.76
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.88			303		0.75			0.97			1.48
Period Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.15			401		0.75			0.21			3.17	(c)
Virginia Tax-Free Money Market Fund
I Shares
Year Ended March 31, 2008		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.97			294,937		0.44			2.91			0.45
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		3.14			230,191		0.45			3.09			0.45
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—		(0.02	)		1.00		2.33			226,319		0.46			2.28			0.46
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.94			177,377		0.46			1.07			0.46
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.56			173,959		0.50			0.51			0.50
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.85			219,701		0.49			0.84			0.49
A Shares
Year Ended March 31, 2008		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.82			418,242		0.59			2.75			0.60
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—		(0.03	)		1.00		2.98			378,541		0.60			2.94			0.60
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—		(0.02	)		1.00		2.16			303,752		0.62			2.12			0.68
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.77			197,380		0.66			0.92			0.86
Year Ended May 31, 2004		1.00		—		—		—		—			—		—			1.00		0.38			118,339		0.67			0.34			0.90
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—		(0.01	)		1.00		0.67			96,325		0.67			0.66			0.90

See Notes to Financial Highlights and Notes to Financial Statements.

220

NOTES TO FINANCIAL HIGHLIGHTS


(1)		Total return excludes sales charge. Not annualized for periods less than one year.

(2)		Annualized for periods less than one year.

(3)		Not annualized for periods less than one year.

(4)		The following table details the commencement of operations of certain classes of each respective fund.


Fund	Class	Commencement Date

High Income Fund	C Shares	October 27, 2003
Intermediate Bond Fund	A Shares	October 11, 2004
Intermediate Bond Fund	C Shares	October 11, 2004
Maryland Municipal Bond Fund	A Shares	April 13, 2005
North Carolina Tax-Exempt Bond Fund	I Shares	January 8, 2004
North Carolina Tax-Exempt Bond Fund	A Shares	March 21, 2005
North Carolina Tax-Exempt Bond Fund	C Shares	March 21, 2005
Seix Floating Rate High Income Fund	I Shares	March 2, 2006
Seix Floating Rate High Income Fund	A Shares	May 8, 2006
Seix Floating Rate High Income Fund	C Shares	August 3, 2007
Seix High Yield Fund	C Shares	October 11, 2004
Strategic Income Fund	A Shares	October 8, 2003
Total Return Bond Fund	C Shares	October 11, 2004
Virginia Intermediate Municipal Bond Fund	C Shares	September 1, 2005
U.S. Treasury Money Market Fund	A Shares	November 12, 2003


(a)		Per share data was calculated using the average shares method.

(b)		Financial Highlights per share amounts for the Ultra-Short Bond Fund and the U.S. Government Securities Ultra-Short Bond Fund have been adjusted for a 5:1 reverse stock split and 4.974874:1 reverse stock split, respectively which occurred on April 1, 2005, for the periods ended March 31, 2005, May 31, 2004 and May 31, 2003.

(c)		Ratio reflects the impact of the initial low level of average net assets associated with commencement of operations.

(d)		During the year ended March 31, 2008, the Fund received certain payments by an affiliate. Absent these payments, the ratio of net investment income to average net assets would have been 4.14% for I Shares, 4.01% for A Shares and 3.91% for C Shares. There was no impact to the total return as a result of these payments.

(e)		Class C was operational during a portion of the year only. Amounts reflect performance for the period of time the class had operations, which was 25 days during the period for North Carolina Tax-Exempt Bond Fund. The net asset value, end of period, presented for North Carolina Tax-Exempt Bond Fund C Shares was as of April 25, 2007, the last day the fund was operational.

†		Effective June 1, 2004, the Funds adopted a change in the amortization and accretion methodology on fixed income securities. The cumulative effect of this change in methodology was immaterial to all Funds except for the Funds noted below:


				Change to Net
	Change to Net			Realized and			Change to Ratio of Net Investment
	Investment			Unrealized Gains			Income to Average Net Assets
	Income Per Share($)			(Losses) Per Share($)			I Shares(%)			A Shares(%)			C Shares(%)
Georgia Tax-Exempt Bond Fund		0.01			(0.01	)		0.16			0.14			0.14
Investment Grade Bond Fund		0.01			(0.01	)		0.18			0.14			0.14
Investment Grade Tax-Exempt Bond Fund		(0.01	)		0.01			(0.08	)		(0.07	)		(0.06	)
Limited-Term Federal Mortgage Securities Fund		0.04			(0.04	)		0.47			0.42			0.36
Maryland Municipal Bond Fund		(0.01	)		0.01			(0.07	)		(0.06	)		—
North Carolina Tax-Exempt Bond Fund		(0.02	)		0.02			(0.20	)		—			—
Short-Term Bond Fund		0.01			(0.01	)		0.08			0.07			0.06
Strategic Income Fund		0.01			(0.01	)		0.22			0.14			0.13
U.S. Government Securities Fund		0.02			(0.02	)		0.23			0.11			0.17
U.S. Government Securities Ultra-Short Bond Fund		0.01			(0.01	)		0.24			—			—


††		Effective November 1, 2003, these Funds adopted a change in the amortization and accretion methodology on fixed income securities. The cumulative effect of this change in methodology was immaterial to all Funds except for the Fund noted below:

Change to Net

Realized and

Change to Ratio of Net Investment

Investment

Unrealized Gains

Income to Average Net Assets

Income Per Share($)

(Losses) Per Share($)

I Shares(%)

A Shares(%)

C Shares(%)

Seix High Yield Fund

0.01

(0.01

)

0.06

0.05

0.84


		Amounts designated as “—” are $0 or have been rounded to $0.

221

NOTES TO FINANCIAL STATEMENTS

RIDGEWORTH FUNDS March 31, 2008


1.	Organization

The RidgeWorth Funds (the STI Classic Funds changed its name to RidgeWorth Funds effective March 31, 2008) (the “Trust”) is organized as a Massachusetts business trust under a Declaration of Trust dated January 15, 1992. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company offering 52 funds as of March 31, 2008. The Trust is authorized to issue an unlimited number of shares without par value. The financial statements presented herein are those of the 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, Strategic Income 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 and Virginia Tax-Free Money Market Fund (each a “Fund” and collectively the “Funds”). The financial statements of the remaining funds are presented separately. The Limited Duration Fund, Ultra-Short Bond Fund and U.S. Government Securities Ultra-Short Bond Fund may offer I Shares only. The Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund and Virginia Tax-Free Money Market Fund offer I Shares and A Shares. The remaining Funds offer I Shares, A Shares and C Shares. The Funds’ prospectuses provide a description of each Fund’s investment objectives, policies and strategies.

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 Services 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 U.S. Treasury Securities Fund, Prime Quality Money Market Fund, Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund and Virginia Tax-Free Money Market Fund) have a maximum sales charge on purchases of 4.75% as a percentage of original purchase price. Limited-Term Federal Mortgage Securities Fund, Seix Floating Rate High Income Fund, Short-Term Bond Fund and Short-Term U.S. Treasury Securities Fund A Shares 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 1.00% if redeemed within one year of purchase. 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 the redemption request, whichever is less, if redeemed within one year of purchase.


2.	Reorganizations

Intermediate Bond Fund — The Trust entered into a plan of reorganization on behalf of the High Quality Bond Fund and the Intermediate Bond Fund that provides for the acquisition by the Intermediate Bond Fund of all of the assets, subject to stated liabilities, of the High Quality Bond Fund in exchange for I Shares of the Intermediate Bond Fund, the distribution of such shares to the shareholders of the High Quality Bond Fund and the dissolution of the High Quality Bond Fund. The reorganization, which qualified as a tax-free exchange for federal income tax purposes, was approved by the Board of Trustees (the

222

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

“Board”) on November 14, 2006 and completed on January 31, 2007. The following is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:


	Before Reorganization						After Reorganization
	High Quality			Intermediate			Intermediate
	Bond Fund			Bond Fund			Bond Fund

Shares		3,484,579			6,031,180			9,440,405
Net Assets	$	33,737,909		$	59,685,005		$	93,422,914
Net Asset Value:
I Shares	$	9.68		$	9.90		$	9.90
Net unrealized depreciation	$	(120,650	)	$	(230,831	)	$	(351,481	)

Total Return Bond Fund (formerly Core Bond Fund) — The Trust entered into a plan of reorganization on behalf of the Total Return Bond Fund and the Core Bond Fund that provides for the acquisition by the Core Bond Fund of all of the assets, subject to stated liabilities, of the Total Return Bond Fund in exchange for I Shares of the Core Bond Fund, the distribution of such shares to the shareholders of the Total Return Bond Fund and the dissolution of the Total Return Bond Fund. The reorganization, which qualified as a tax-free exchange for federal income tax purposes, was approved by the Board on August 8, 2006 and completed on September 29, 2006. The following is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:


	Before Reorganization				After Reorganization
	Total Return				Core Bond
	Bond Fund		Core Bond Fund		Fund*

Shares		6,691,066		51,166,306		57,763,510
Net Assets	$	65,561,317	$	508,477,671	$	574,038,988
Net Asset Value:
I Shares	$	9.80	$	9.94	$	9.94
Net unrealized depreciation	$	162,998	$	1,666,657	$	1,829,655


*	Immediately following the reorganization of the Total Return Bond Fund and the Core Bond Fund to form the Core Bond Fund, the reorganized Core Bond Fund was renamed the Total Return Bond Fund.

Virginia Intermediate Municipal Bond Fund — The Trust entered into a plan of reorganization on behalf of the Virginia Municipal Bond Fund and the Virginia Intermediate Municipal Bond Fund that provides for the acquisition by the Virginia Intermediate Municipal Bond Fund of all of the assets, subject to stated liabilities, of the Virginia Municipal Bond Fund in exchange for I Shares, A Shares and C Shares of the Virginia Intermediate Municipal Bond Fund, the distribution of such shares to the shareholders of the Virginia Municipal Bond Fund and the dissolution of the Virginia Municipal Bond Fund. The reorganization, which qualified as a tax-free exchange for federal income tax purposes, was approved by the Board on

223

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

May 9, 2006 and completed on July 31, 2006. The following is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:


	Before Reorganization				After Reorganization
			Virginia		Virginia
			Intermediate		Intermediate
	Virginia Municipal		Municipal Bond		Municipal Bond
	Bond Fund		Fund		Fund

Shares		5,377,872		16,831,718		22,319,449
Net Assets	$	54,954,122	$	168,557,960	$	223,512,082
Net Asset Value:
I Shares	$	10.22	$	10.01	$	10.01
A Shares	$	10.21	$	10.01	$	10.01
C Shares	$	10.26	$	10.01	$	10.01
Net unrealized depreciation	$	921,773	$	1,673,902	$	2,595,675


3.	Significant Accounting Policies

Security Valuation — Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on NASDAQ), including securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded on valuation date (or at approximately 4:00 p.m. Eastern Time if a security’s primary exchange is normally open at that time), or, if there is no such reported sale on the valuation date, at the most recent quoted bid price. For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used. If available, debt securities are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported sale price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, or other methodologies designed to identify the market value for such securities. Debt obligations with remaining maturities of sixty days or less may be valued at their amortized cost, which approximates market value. The prices for foreign securities are reported in local currency and converted to U.S. dollars at the exchange rate of such currencies against the U.S. dollar, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), as provided by an independent pricing service approved by the Funds’ Board. If a security price cannot be obtained from an independent, third-party pricing agent, the Funds’ accounting agent shall seek to obtain a bid price from at least one independent broker. Investments in other investment companies are valued at their respective daily net asset values.

The 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 (the “Money Market Funds”) state investment securities at amortized cost, which approximates market value. Under the amortized cost method, premium or discount, if any, is amortized or accreted, respectively, on a constant basis to the maturity of the security.

224

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

of the more common reasons which may necessitate that a security be valued using 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 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.

For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security’s last trade and the time at which a Fund calculates its net asset value. The closing prices of such securities may no longer reflect their market value at the time the Fund calculates net asset value if an event that could materially affect the value of those securities (a “Significant Event”) has occurred between the time of the security’s last close and the time that the Fund calculates net asset value. A Significant Event may relate to a single issuer or to an entire market sector. If the investment adviser of a Fund becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Fund calculates net asset value, it shall immediately notify the Funds’ accounting agent and may preauthorize the Funds’ accounting agent to utilize a pricing service authorized by the Board (a “Fair Value Pricing Service”) that has been designed to determine a fair value. On a day when a Fair Value Pricing Service is so utilized pursuant to a preauthorization, the Committee need not meet. If the investment adviser does not pre-authorize the Funds’ accounting agent to utilize a Fair Value Pricing Service, the investment adviser will request that a Committee Meeting be called. In addition, the Funds’ accounting agent monitors price movements among certain selected indices, securities and/or groups of securities that may be an indicator that the closing prices received earlier in the day from foreign exchanges or markets may not reflect market value at the time the Fund calculates net asset value. If price movements in a monitored index or security exceed levels established by the Funds (“Trigger Points”), the Funds may use a systematic valuation model provided by an independent third party to fair value their international equity securities.

Forward Foreign Currency Contracts — Each Fund (except the Money Market Funds) may enter into forward foreign currency contracts as hedges against either specific transactions, fund positions or anticipated fund positions. All commitments are “marked-to-market” daily at the applicable foreign exchange rate and any resulting unrealized gains or losses are recorded currently. The Fund realizes gains and losses at the time forward contracts are extinguished. Unrealized gains or losses on outstanding positions in forward foreign currency contracts held at the close of the fiscal year are

225

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

recognized as ordinary income or loss for federal income tax purposes. The Fund could be exposed to risk if a counterparty is unable to meet the terms of a forward currency contract or if the value of the foreign currency changes unfavorably. As of March 31, 2008, certain Funds had outstanding forward foreign currency contracts as listed on the Schedules of Portfolio Investments.

Securities Lending — Each Fund (except the Money Market Funds) may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust’s 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 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 will 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, during the course of the day, 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 the Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities.

The Funds paid securities lending fees during the year ended March 31, 2008, which have been netted against the Income from Securities Lending on the Statement of Operations. These fees are presented below (in thousands):


	Fee($)

High Income Fund		15
Intermediate Bond Fund		280
Investment Grade Bond Fund		118
Limited-Term Federal Mortgage Securities Fund		1
Seix High Yield Fund		109
Short-Term Bond Fund		61
Short-Term U.S. Treasury Securities Fund		32
Strategic Income Fund		28
Total Return Bond Fund		125
U.S. Government Securities Fund		188

226

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

principal amount of the repurchase transaction, including accrued interest. In the event of default on the obligation to repurchase, each Fund has the right to liquidate the collateral and apply the proceeds in satisfaction of the obligation. In the event of default or bankruptcy by the counterparty to the repurchase agreement, realization and/or retention of the collateral or proceeds may be subject to legal proceedings.

Securities Purchased on a When-Issued Basis — 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. 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 net asset value if the Fund makes such investments while remaining substantially fully invested. The Fund 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.

TBA Purchase Commitments — The Funds may enter into “TBA” (To Be Announced) purchase commitments to purchase securities for a fixed price at a future date beyond customary settlement time. TBA purchase commitments may be considered securities in themselves, and involve a risk of loss if the value of the security to be purchased declines prior to settlement date. Unsettled TBA purchase commitments are valued at the current market value of the underlying securities, generally according to the procedures described under “Security Valuation.”

Mortgage Dollar Rolls — The Funds may enter into mortgage dollar rolls (principally using TBA’s) in which a Fund sells mortgage securities for delivery in the current month and simultaneously contracts to repurchase substantially similar securities at an agreed-upon price on a fixed future date. The Funds account for such dollar rolls under the purchases and sales method and receive compensation as consideration for entering into the commitment to repurchase. The Funds must maintain liquid securities having a value not less than the repurchase price (including accrued interest) for such dollar rolls. The market value of the securities that the Funds are required to purchase may decline below the agreed upon repurchase price of those securities.

The counterparty receives all principal and interest payments, including pre-payments, made in respect of a security subject to such a contract while it is with the holder. Mortgage dollar rolls may be renewed with a new purchase and repurchase price and a cash settlement made on settlement date without physical delivery of the securities subject to the contract. The Funds engage in dollar rolls for the purpose of enhancing yield, principally by earning a negotiated fee. As of March 31, 2008, there were no open mortgage dollar rolls.

Bank Loans — The High Income Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, and Strategic Income Fund 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 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. 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. These unfunded loan commitments, which are marked to market daily, are presented with the Schedule of Portfolio Investments. At March 31, 2008, only the Seix Floating Rate High Income Fund and the Seix High Yield Fund had unfunded loan commitments.

Swap Agreements — The High Income, Intermediate Bond, Investment Grade Bond, Investment Grade Tax-Exempt Bond, Seix Floating Rate High Income, Seix High Yield, Short-Term Bond, Strategic Income and Total Return Bond Funds may enter into swap agreements, which are two-party contracts entered

227

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

into primarily by institutional investors for periods ranging from a day to more than one year. In a standard “swap” transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on particular predetermined investments or instruments. The gross returns to be exchanged or “swapped” between the parties are calculated with respect to a “notional amount,” i.e., the return on or increase in value of a particular dollar amount invested in a “basket” of securities representing a particular index. The primary risks associated with the use of swap agreements are an imperfect correlation between movements in the notional amount and the price of the underlying instruments and the inability of counterparties to perform. A Fund bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty.

Swap agreements typically are settled on a net basis, which means that the two payment streams are netted out, with the Fund receiving or paying, as the case may be, only the net amount of the two payments. Payments may be made at the conclusion of a swap agreement, at the time a Fund enters into a swap agreement or periodically during its term. Up-front receipts and payments are recorded as deferred income (liability) or expense (asset), as the case may be on the statement of assets and liabilities and then amortized to income or expense over the life of the swap contract. Until a swap agreement is settled in cash, the gain or loss on the notional amount plus income on the instruments, less the interest paid by the Fund on the notional amount, is recorded as “unrealized appreciation or depreciation on swap agreements” and, when cash is exchanged, the gain or loss realized is recorded as “realized gains or losses on swap agreements”. A Fund’s current obligations under swap agreements (offset against any amounts owing to the Fund) will be accrued daily and any accrued but unpaid net amounts owed to a swap counterparty will be covered by segregating cash or other assets deemed to be liquid with the Fund’s custodian. Swap agreements do not involve the delivery of securities or other underlying assets. Accordingly, the risk of loss with respect to swap agreements is limited to the net amount of payments that a Fund is contractually obligated to make. If the other party to a swap agreement defaults, the Fund’s risk of loss consists of the net amount of payments that such Fund is contractually entitled to receive, if any.

Credit default swap (“CDS”) agreements are a specific kind of counterparty agreement designed to transfer the third party credit risk between parties. One party in the CDS is a lender and faces credit risk from a third party, while the counterparty in the CDS agrees to insure this risk in exchange for regular periodic payments (essentially an insurance premium). If the third party defaults, the party providing insurance will have to purchase from the insured party the defaulted asset.

Interest rate swaps involve the exchange of commitments to pay and receive interest based on a notional principle amount. Net periodic interest payments to be received or paid are accrued daily and are recorded as realized gains or losses on the Statements of Operations.

Futures Contracts — The Funds may invest in futures contracts for the purpose of hedging existing portfolio securities or securities it intends to purchase against fluctuations in fair value caused by changes in prevailing market interest rates. Upon entering into a futures contract, a Fund is required to pledge to the broker an amount of cash and/or other assets equal to a certain percentage of the contract amount (initial margin deposit). Subsequent payments, known as “variation margin,” are made periodically, depending on the daily fluctuations in the fair value of the underlying security. A gain or loss equal to the variation margin is recognized at the time the futures contract is extinguished.

Should market conditions move unexpectedly, a Fund may not achieve the anticipated benefits of the futures contracts and may realize a loss. The use of futures transactions involves the risk of imperfect correlation in movements in the price of futures contracts, interest rates and the underlying hedged assets.

Compensating Balances — If a Fund has a cash overdraft in excess of $100,000 it is required to deposit an amount equal to 110% of the overdraft in a compensating balance account with its

228

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

custodian, SunTrust Bank, a wholly owned subsidiary of SunTrust Banks, Inc., on the following business day. If a Fund has a positive cash balance in excess of $100,000 it is allowed to overdraw an amount equal to 90% of the balance from SunTrust Bank on the following business day. All such deposits to, and overdrafts from, the compensating balance account are non-interest bearing and are for a duration of one business day. The Strategic Income Fund does not have any compensating balance arrangements with its custodian, Brown Brothers Harriman & Co.

Restricted Securities — Certain of the Funds’ investments are restricted as to resale. As of March 31, 2008, 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 each Fund’s Schedule of Portfolio Investments.

Expenses — Expenses that are directly related to a specific Fund are charged to that Fund. Class specific expenses, such as distribution fees, if any, are borne by that class. Other operating expenses of the Trust are pro-rated to the Funds on the basis of relative net assets or another appropriate basis. Expenses attributable to the Trust and the RidgeWorth Variable Trust (the STI Classic Variable Trust changed its name effective May 1, 2008) (collectively, the “RidgeWorth Complex”) are allocated across the RidgeWorth Complex based upon relative net assets or another appropriate basis.

Classes — Income, non-class specific expenses and realized/unrealized gains and losses are allocated to the respective classes within a Fund on the basis of the relative daily net assets.

Dividends and Distributions to Shareholders — Dividends and distributions to shareholders are recorded on the ex-dividend date. Dividends from net investment income for each of the Funds are declared daily and paid monthly. Any net realized capital gains on sales of securities are distributed to shareholders at least annually. However, to the extent that net realized capital gains can be offset by capital loss carryovers, such gains will not be distributed.

Redemption Fees — Prior to November 20, 2006, for Funds other than the Money Market Funds, a redemption fee of 2% of the value of the shares sold was imposed on shares redeemed within seven days or less after the date of purchase (60 days or less for Strategic Income Fund) unless the redemption was excluded under the Funds’ Redemption Fee Policy. On November 20, 2006 the Redemption Fee Policy was removed from all Funds. For financial statement purposes, these amounts are included in the Statements of Changes in Net Assets as “Change in Net Assets from Capital Transactions”. For the period ended March 31, 2008, the Funds did not pay any redemption fees. Fees for the Funds during the year ended March 31, 2007, were as follows:


	Year Ended
	03/31/07($)

Investment Grade Bond Fund		5
Investment Grade Tax-Exempt Bond Fund		766
Limited-Term Federal Mortgage Securities Fund		541
Seix Floating Rate High Income Fund		1,006
Seix High Yield Fund		80
Short-Term Bond Fund		265
Strategic Income Fund		789
U.S. Government Securities Fund		662
Virginia Intermediate Municipal Bond Fund		1,440

New Accounting Pronouncements — In September 2006, the Financial Accounting Standards Board (“FASB”) issued Statement on Financial Accounting Standards (“SFAS No. 157”), “Fair Value Measurements.” This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards.

229

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

SFAS No. 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The changes to current GAAP from the application of this Statement related to the definition of fair value, the methods used to measure fair value and expanded disclosures about fair value measurements. As of March 31, 2008, the Funds do not believe the adoption of SFAS No. 157 will impact the financial statement amounts; however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period.

In March 2008, the Financial Accounting Standards Board issued the Statement of Financial Accounting Standards No. 161, “Disclosures about Derivative Instruments and Hedging Activities” (“SFAS 161”). SFAS 161 is effective for fiscal years and interim periods beginning after November 15, 2008. SFAS 161 requires enhanced disclosures about the Fund’s derivative and hedging activities, including how such activities are accounted for and their effect on the Fund’s financial position, performance and cash flows. Management is currently evaluating the impact the adoption of SFAS 161 will have on the Fund’s financial statements and related disclosures.

The amounts of dividends from net investment income and of distributions from net realized gains are determined in accordance with federal income tax regulations, which may differ from GAAP. 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 the difference between book and tax amortization methods for premium and market discounts), such amounts are reclassified within the composition of net assets based on their federal tax-basis treatment; temporary differences do not require reclassification.

As required, effective September 28, 2007, the Trust adopted FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). FIN 48 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. FIN 48 requires the affirmative evaluation of tax positions taken or expected to be taken in the course of preparing the Funds’ tax returns to determine whether it is more-likely-than not (i.e., greater than 50-percent) that each tax position will be sustained upon examination by a taxing authority based on the technical merits of the position. A tax position that meets the more likely-than-not recognition threshold is measured to determine the amount of benefit to recognize in the financial statements. Differences between tax positions taken in a tax return and amounts recognized in the financial statements will generally result in an increase in a liability for taxes payable (or a reduction of a tax refund receivable), including the recognition of any related interest and penalties as an operating expense. Implementation of FIN 48 included a review of tax positions taken in tax years that remain subject to examination by tax authorities. The Funds are subject to federal and various state jurisdictions for income tax purposes. While the statute of limitations remains open to examine the Funds’ U.S. tax returns filed for the past four fiscal years, no examinations are in progress or anticipated at this time. The adoption of FIN 48 did not impact the Funds’ net assets or results of operations.


4.	Agreements and Other Transactions with Affiliates

Investment Advisory Agreement — The Trust and RidgeWorth Capital Management, Inc. (formerly Trusco Capital Management, Inc.), (the “Investment Adviser”) a wholly-owned subsidiary of SunTrust Banks, Inc., have entered into an investment advisory agreement.

230

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Under the terms of the 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 (other than the Money Market Funds) up to $500 million. A discount of 5% applies on the next $500 million, and a discount of 10% applies on amounts over $1 billion. For the Money Market Funds, the maximum annual advisory fee is charged on average daily assets of each Money Market Fund up to $1 billion, a discount of 5% applies on the next $1.5 billion, a discount of 10% applies on amounts over $2.5 billion and a discount of 20% applies on amounts over $5 billion. Fee rates for the period April 1, 2007 through March 31, 2008 were as follows:


			Discounted
	Maximum		Annual		Advisory Fees			Net
	Annual Advisory		Advisory		Waived or			Annual
	Fee(%)		Fee(%)		Reimbursed(%)			Fees Paid(%)

Georgia Tax-Exempt Bond Fund		0.55		0.55		—			0.55
High Grade Municipal Bond Fund		0.55		0.55		—			0.55
High Income Fund		0.60		0.60		—			0.60
Intermediate Bond Fund		0.25		0.25		—			0.25
Investment Grade Bond Fund		0.50		0.50		—			0.50
Investment Grade Tax-Exempt Bond Fund		0.50		0.50		—			0.50
Limited Duration Fund		0.10		0.10		—			0.10
Limited-Term Federal Mortgage Securities Fund		0.50		0.50		—			0.50
Maryland Municipal Bond Fund		0.55		0.55		—			0.55
North Carolina Tax-Exempt Bond Fund		0.55		0.55		—			0.55
Seix Floating Rate High Income Fund		0.45		0.45		—			0.45
Seix High Yield Fund		0.45		0.44		—			0.44
Short-Term Bond Fund		0.40		0.40		—			0.40
Short-Term U.S. Treasury Securities Fund		0.40		0.40		—			0.40
Strategic Income Fund		0.60		0.60		—			0.60
Total Return Bond Fund		0.25		0.25		—			0.25
Ultra-Short Bond Fund		0.22		0.22		—			0.22
U.S. Government Securities Fund		0.50		0.50		—			0.50
U.S. Government Securities Ultra-Short Bond Fund		0.20		0.20		(0.04	)		0.16
Virginia Intermediate Municipal Bond Fund		0.55		0.55		—			0.55
Prime Quality Money Market Fund		0.55		0.48		—			0.48
Tax-Exempt Money Market Fund		0.45		0.44		—			0.44
U.S. Government Securities Money Market Fund		0.55		0.54		—			0.54
U.S. Treasury Money Market Fund		0.55		0.55		(0.01	)		0.54
Virginia Tax-Free Money Market Fund		0.40		0.40		—			0.40


		Contractual
		Expense
		Limitation(%)

Seix Floating Rate High Income Fund	I Shares		0.55
Seix Floating Rate High Income Fund	A Shares		0.85
Seix Floating Rate High Income Fund	C Shares		1.55

231

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Under the Expense Limitation Agreements, the Investment Adviser may retain the difference between the Total Operating Expense identified above and the actual total expense to recapture any of its prior contractual waivers or reimbursements at a date not to exceed three years from the date of the corresponding Expense Limitation Agreement. Such repayments shall be made monthly, but only to the extent that such repayments would not cause the annualized total expense ratio to exceed Total Operating Expense in place at that time. During the year ended March 31, 2008, the Investment Adviser did not recapture any of its prior contractual waivers or reimbursements. The Investment Adviser does not intend to recapture such amounts. As of March 31, 2008, there were no available cumulative potential reimbursements based on reimbursements within three years of the corresponding Expense Limitation Agreement after being reduced by amounts forfeited during the current fiscal year.

During the year ended March 31, 2008, 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.

With the approval of the Board of Trustees, the following actions were taken to protect investors in the Prime Quality Money Market Fund from possible losses associated with certain investments, including structured investment vehicle (“SIV”) securities, owned by the Fund. When purchased, these SIV assets were rated A1/P1 and were Tier 1 eligible securities, thus qualifying for valuation at amortized cost under Rule 2a-7 under the 1940 Act.

In October 2007, SunTrust Banks, Inc. (“SunTrust”) established an irrevocable letter of credit to provide credit support for two of the Fund’s investments in certain SIV securities. Prior thereto, the issuer of these securities announced that it would cease making payments on the securities, resulting in a downgrade in the credit ratings of the investments. As the investments no longer qualified for valuation at amortized cost as eligible securities under Rule 2a-7, the Fund recognized a loss equal to the difference between amortized cost and the market value as of the date of the letter of credit. At the same time, the Fund also received a loss recovery of the same amount, approximately $1.523 million, as a result of the establishment of the letter of credit. Later in October 2007, the Fund received a payment from the letter of credit in an amount equivalent to and at the same time as the payment of scheduled interest payments due to the Fund from the SIV securities. The Fund recognized an interest recovery of approximately $358,000 for the interest payments received from the letter of credit. The loss is reflected in “Net Realized Gain(Loss) from Investment Transactions” and the loss recovery is reflected in “Net Increase from Payments by Affiliate” in the accompanying Statement of Operations. The equivalent interest recovery which the Fund received is reflected in the accompanying Statement of Operations in “Interest Recovery Payments by Affiliate.”

On December 26, 2007, SunTrust purchased approximately $526 million of the Fund’s securities, including the two SIV securities backed by the letter of credit, at amortized cost plus accrued interest. The Fund realized a loss for the difference between the amortized cost of the securities and the market value as of that date, but at that same time also recognized a loss recovery in the same amount of approximately $5.570 million. The Fund also recognized approximately an additional $7.792 million of interest recovery for accrued interest through the date of the transaction. In the accompanying Statement of Operations, the loss is reflected in “Net Realized Gain(Loss) from Investment Transactions”, and the loss recovery is reflected in “Net Increase from Payments by Affiliate,” while the interest recovery is reflected in “Interest Recovery Payments by Affiliate.”

Also on December 26, 2007, SunTrust issued a Promissory Note for the benefit of the Fund in exchange for approximately $516 million of the remaining SIV securities at amortized cost plus accrued income. Similar to the prior transaction, the Fund realized a loss, but also recognized a loss recovery in the same amount of approximately $1.183 million for the difference between the amortized cost of the securities and their market value as of that date. The Fund also recognized an interest recovery of approximately $7.824 million for accrued interest through the date of the transaction. In the accompanying Statement of Operations, the loss is reflected in “Net Realized Gain(Loss) from Investment Transactions”, and the loss recovery is reflected in “Net Increase from Payments by

232

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Affiliate,” while the interest recovery is reflected in “Interest Recovery Payments by Affiliate.” In exchange for the Promissory Note issued, SunTrust acquired the security interest in the SIV securities from the Fund to secure repayment of the Note. Under the terms of the Promissory Note, the Fund will receive all interest and principal payments due to the Fund in amounts equal to what the Fund would have received had it retained its interest in the SIV securities and the securities had remained solvent through their respective maturity dates. At March 31, 2008, the remaining unmatured portion of the Promissory Note of $168,000 (in thousands) is reported on the Fund’s Schedule of Portfolio Investments and is valued using amortized cost. For purposes of mark-to-market requirements of Rule 2a-7 under the 1940 Act, these securities are fair valued in accordance with the Pricing and Valuation Procedures established by the Board, as more fully described in Note 2. The interest received from the Promissory Note is included in “Interest Income from Affiliated Investments” on the accompanying Statement of Operations.

Administration, Fund Accounting and Transfer Agency Agreement — The Trust has entered into a Master Services Agreement with Citi Fund Services Ohio, Inc. (formerly BISYS Fund Services Ohio, Inc.) (the “Administrator”), under which the Administrator provides administrative, fund accounting and transfer agent, and shareholder services for an annual fee, calculated and paid monthly, (expressed as a percentage of the combined average daily net assets of the RidgeWorth Complex) of: 0.0275% up to $25 billion, 0.0225% on the next $5 billion and 0.0175% for over $30 billion plus an additional class fee of $2,714 per class annually, applicable to each additional class of shares over 145 classes of shares.

Distribution Agreement — The Trust and Foreside Distribution Services, L.P. (the “Distributor”) are parties to a Distribution Agreement. Prior to August 1, 2007, BISYS Fund Services Limited Partnership (“BISYS”) was the distributor for the Funds under a distribution agreement between BISYS and the Investment Adviser. The Distributor receives $37,500 annually for its services. In addition, with respect to the A Shares and C Shares, the Distributor receives amounts, pursuant to a Distribution and Services Plan, based upon average daily net assets of each respective class, which are computed

233

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

daily and paid monthly. These fees, expressed as a percentage of average daily net assets, for the year ended March 31, 2008 were as follows:


			Board Approved and
	Board Approved and		Charged C Share
	Charged A Share		Distribution
	Distribution and Service Fee(%)		and Service Fee(%)

Georgia Tax-Exempt Bond Fund		0.15		1.00
High Grade Municipal Bond Fund		0.15		1.00
High Income Fund		0.30		1.00
Intermediate Bond Fund		0.25		1.00
Investment Grade Bond Fund		0.30		1.00
Investment Grade Tax-Exempt Bond Fund		0.30		1.00
Limited-Term Federal Mortgage Securities Fund		0.20		1.00
Maryland Municipal Bond Fund		0.15		1.00
North Carolina Tax-Exempt Bond Fund		0.15		1.00
Seix Floating Rate High Income Fund		0.30		1.00
Seix High Yield Fund		0.25		1.00
Short-Term Bond Fund		0.20		1.00
Short-Term U.S. Treasury Securities Fund		0.18		1.00
Strategic Income Fund		0.30		1.00
Total Return Bond Fund		0.25		1.00
U.S. Government Securities Fund		0.30		1.00
Virginia Intermediate Municipal Bond Fund		0.15		1.00
Prime Quality Money Market Fund		0.15		0.25
Tax-Exempt Money Market Fund		0.15		N/A
U.S. Government Securities Money Market Fund		0.15		N/A
U.S. Treasury Money Market Fund		0.15		N/A
Virginia Tax-Free Money Market Fund		0.15		N/A

Custodian Agreements — SunTrust Bank acts as custodian for the Funds except for the Strategic Income Fund, which has appointed Brown Brothers Harriman & Co. as custodian. The Funds pay custody fees on the basis of their respective net assets and transaction costs.

Other — Certain officers of the RidgeWorth Complex are also employees of the Investment Adviser 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 fee and an additional fee for each meeting attended plus reimbursement for certain expenses incurred. Trustees receive an additional fee for attendance at committee meetings. As of March 31, 2008, retainer and meeting fees are as follows:


	Chairman($)		Trustee($)

Annual Retainer		75,000		60,000
Regular Meeting Fee		8,750		7,000
Special Meeting Fee		4,375		3,500
Committee Meeting Fee		4,500		3,000

234

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

Prior to November 13, 2007, the retainer and meeting fees were as follow:


	Chairman($)		Trustee($)

Annual Retainer		55,000		44,000
Regular Meeting Fee		10,000		8,000
Special Meeting Fee		5,000		4,000
Committee Meeting Fee		4,500		3,000

The Trust approved a deferred compensation plan for its trustees, effective January 1, 2007. Under that plan, a trustee may elect to defer all or a portion of his or her compensation. Amounts deferred are retained by the Trust, and the value of such deferred amounts is determined by reference to the change in value of Class I Shares of one or more series of the RidgeWorth Funds as specified by the trustee. Benefits under the deferred compensation plan are payable upon retirement. As of March 31, 2008, under the deferred compensation plan, the Trust had deferred liability of approximately $147,654. On May 20, 2008, the Board approved the termination of the deferred compensation plan.

The Trust has entered into an agreement with SunTrust Robinson Humphrey, a division of SunTrust Capital Markets, Inc., which is a registered broker-dealer and a direct non-bank subsidiary of SunTrust Banks, Inc., to act as an agent in placing repurchase agreements for the Trust. For the year ended March 31, 2008, the following Funds paid SunTrust Robinson Humphrey, through a reduction in the yield earned by the Funds on those repurchase agreements, the following amounts (in thousands):


	Fees($)

High Grade Municipal Bond Fund		—
High Income Fund		1
Investment Grade Tax-Exempt Bond Fund		—
Seix Floating Rate High Income Fund		15
Seix High Yield Fund		8
Prime Quality Money Market Fund		129
U.S. Government Securities Money Market Fund		297
U.S. Treasury Money Market Fund		387

Amounts listed as “—” round to less than $1,000.

235

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


5.	Investment Transactions

The cost of security purchases and the proceeds from sales and maturities of securities, excluding short-term investments and U.S. government securities, for the year ended March 31, 2008, were as follows (in thousands):


			Sales and
	Purchases ($)		Maturities ($)

Georgia Tax-Exempt Bond Fund		79,197		46,322
High Grade Municipal Bond Fund		290,762		292,015
High Income Fund		244,345		257,838
Intermediate Bond Fund		456,567		106,574
Investment Grade Bond Fund		226,298		150,302
Investment Grade Tax-Exempt Bond Fund		993,347		899,968
Limited Duration Fund		56,185		40,836
Limited-Term Federal Mortgage Securities Fund		19,303		10,087
Maryland Municipal Bond Fund		15,121		8,638
North Carolina Tax-Exempt Bond Fund		31,104		28,876
Seix Floating Rate High Income Fund		916,699		880,003
Seix High Yield Fund		983,274		1,379,189
Short-Term Bond Fund		202,816		169,222
Strategic Income Fund		256,423		282,718
Total Return Bond Fund		327,465		157,888
Ultra-Short Bond Fund		33,456		25,636
U.S. Government Securities Fund		112,167		70,863
U.S. Government Securities Ultra-Short Bond Fund		—		371
Virginia Intermediate Municipal Bond Fund		58,001		69,915

The cost of security purchases and proceeds from sales and maturities of U.S. government securities, excluding short-term investments, for the year ended March 31, 2008, were as follows (in thousands):


			Sales and
	Purchases ($)		Maturities ($)

Intermediate Bond Fund		1,501,542		1,167,736
Investment Grade Bond Fund		639,820		746,630
Limited Duration Fund		5,386		3,035
Limited-Term Federal Mortgage Securities Fund		219,498		561,023
Short-Term Bond Fund		352,404		439,236
Short-Term U.S. Treasury Securities Fund		45,488		54,649
Strategic Income Fund		145,213		158,739
Total Return Bond Fund		1,182,951		1,323,182
Ultra-Short Bond Fund		60,383		68,446
U.S. Government Securities Fund		730,447		865,122
U.S. Government Securities Ultra-Short Bond Fund		83,189		53,436


6.	Federal Tax Information

236

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

differences were generally due to losses on wash sales, which cannot be used for Federal income tax purposes in the current year and have been deferred for use in future years. The Federal tax cost and aggregate gross unrealized appreciation and depreciation for securities held by the Funds at March 31, 2008 were as follows:


								Net Unrealized
			Tax Unrealized		Tax Unrealized			Appreciation/
	Tax Cost ($)		Appreciation ($)		(Depreciation) ($)			(Depreciation) ($)

Georgia Tax-Exempt Bond Fund		177,583		2,413		(3,122	)		(709	)
High Grade Municipal Bond Fund		187,751		2,496		(1,675	)		821
High Income Fund		54,248		292		(2,267	)		(1,975	)
Intermediate Bond Fund		1,143,196		17,342		(4,207	)		13,135
Investment Grade Bond Fund		483,829		9,111		(3,921	)		5,190
Investment Grade Tax-Exempt Bond Fund		564,594		7,345		(2,232	)		5,113
Limited Duration Fund		44,051		38		(630	)		(592	)
Limited-Term Federal Mortgage Securities Fund		106,141		1,909		(901	)		1,008
Maryland Municipal Bond Fund		43,450		867		(586	)		281
North Carolina Tax-Exempt Bond Fund		44,157		398		(746	)		(348	)
Seix Floating Rate High Income Fund		619,372		—		(48,833	)		(48,833	)
Seix High Yield Fund		732,003		—		(25,307	)		(25,307	)
Short-Term Bond Fund		422,808		5,471		(4,677	)		794
Short-Term U.S. Treasury Securities Fund		100,350		2,648		—			2,648
Strategic Income Fund		94,988		2,147		(1,766	)		381
Total Return Bond Fund		729,283		10,074		(6,866	)		3,208
Ultra-Short Bond Fund		88,788		693		(1,219	)		(526	)
U.S. Government Securities Fund		654,019		17,076		(1,453	)		15,623
U.S. Government Securities Ultra-Short Bond Fund		61,871		496		(83	)		413
Virginia Intermediate Municipal Bond Fund		207,367		5,586		(1,086	)		4,500
Prime Quality Money Market Fund		10,402,465		—		—			—
Tax-Exempt Money Market Fund		2,180,913		—		—			—
U.S. Government Securities Money Market Fund		2,444,501		—		—			—
U.S. Treasury Money Market Fund		1,348,331		—		—			—
Virginia Tax-Free Money Market Fund		710,977		—		—			—

Amounts designated as “—” are $0 or have been rounded to $0.

The tax character of distributions paid to shareholders during the year ended March 31, 2008 was as follows (in thousands):


	Distributions Paid From
	Net		Net Long		Total				Total
	Investment		Term Capital		Taxable		Tax-Exempt		Distributions
	Income ($)		Gains ($)		Distributions ($)		Distributions ($)		Paid ($)*

Georgia Tax-Exempt Bond Fund		—		—		—		5,742		5,742
High Grade Municipal Bond Fund		311		166		477		5,796		6,273
High Income Fund		6,414		—		6,414		—		6,414
Intermediate Bond Fund		24,492		—		24,492		—		24,492
Investment Grade Bond Fund		19,532		—		19,532		—		19,532
Investment Grade Tax-Exempt Bond Fund		907		508		1,415		16,360		17,775
Limited Duration Fund		2,231		—		2,231		—		2,231

237

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


	Distributions Paid From
	Net		Net Long		Total				Total
	Investment		Term Capital		Taxable		Tax-Exempt		Distributions
	Income ($)		Gains ($)		Distributions ($)		Distributions ($)		Paid ($)*

Limited-Term Federal Mortgage Securities Fund		8,959		—		8,959		—		8,959
Maryland Municipal Bond Fund		9		13		22		1,367		1,389
North Carolina Tax-Exempt Bond Fund		—		—		—		1,584		1,584
Seix Floating Rate High Income Fund		51,505		—		51,505		—		51,505
Seix High Yield Fund		70,546		—		70,546		—		70,546
Short-Term Bond Fund		17,409		—		17,409		—		17,409
Short-Term U.S. Treasury Securities Fund		2,917		—		2,917		—		2,917
Strategic Income Fund		6,662		—		6,662		—		6,662
Total Return Bond Fund		32,188		—		32,188		—		32,188
Ultra-Short Bond Fund		4,059		—		4,059		—		4,059
U.S. Government Securities Fund		28,044		—		28,044		—		28,044
U.S. Government Securities Ultra-Short Bond Fund		1,831		—		1,831		—		1,831
Virginia Intermediate Municipal Bond Fund		2		—		2		7,867		7,869
Prime Quality Money Market Fund		442,352		—		442,352		—		442,352
Tax-Exempt Money Market Fund		106		172		278		57,336		57,614
U.S. Government Securities Money Market Fund		44,648		—		44,648		—		44,648
U.S. Treasury Money Market Fund		42,981		—		42,981		—		42,981
Virginia Tax-Free Money Market Fund		67		25		92		19,529		19,621


*	Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid.

Amounts designated as “—” are $0 or have been rounded to $0.

The tax character of distributions paid to shareholders during the period ended March 31, 2007 was as follows (in thousands):


	Distributions Paid From
	Net		Net Long		Total						Total
	Investment		Term Capital		Taxable		Tax-Exempt		Return of		Distributions
	Income ($)		Gains ($)		Distributions ($)		Distributions ($)		Capital ($)		Paid ($)*

Georgia Tax-Exempt Bond Fund		—		110		110		5,296		—		5,406
High-Grade Municipal Bond Fund		50		261		311		5,750		—		6,061
High Income Fund		5,497		—		5,497		—		—		5,497
Intermediate Bond Fund		3,670		—		3,670		—		—		3,670
Investment Grade Bond Fund		21,516		—		21,516		—		—		21,516
Investment Grade Tax-Exempt Bond Fund		1,228		227		1,455		11,267		—		12,722
Limited Duration Fund		3,643		9		3,652		—		—		3,652
Limited-Term Federal Mortgage Securities Fund		18,460		—		18,460		—		—		18,460
Maryland Municipal Bond Fund		36		106		142		1,376		—		1,518
North Carolina Tax-Exempt Bond Fund		—		—		—		1,516		—		1,516

238

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


	Distributions Paid From
	Net		Net Long		Total						Total
	Investment		Term Capital		Taxable		Tax-Exempt		Return of		Distributions
	Income ($)		Gains ($)		Distributions ($)		Distributions ($)		Capital ($)		Paid ($)*

Seix Floating Rate High Income Fund		26,504		—		26,504		—		—		26,504
Seix High Yield Fund		85,396		—		85,396		—		—		85,396
Short-Term Bond Fund		14,992		—		14,992		—		—		14,992
Short-Term U.S. Treasury Securities Fund		2,675		—		2,675		—		—		2,675
Strategic Income Fund		6,746		—		6,746		—		2,761		9,507
Total Return Bond Fund		26,630		—		26,630		—		—		26,630
Ultra-Short Bond Fund		7,874		—		7,874		—		—		7,874
U.S. Government Securities Fund		20,925		—		20,925		—		—		20,925
U.S. Government Securities Ultra-Short Bond Fund		1,529		—		1,529		—		—		1,529
Virginia Intermediate Municipal Bond Fund		—		—		—		7,244		—		7,244
Prime Quality Money Market Fund		358,404		88		358,492		—		—		358,492
Tax-Exempt Money Market Fund		101		20		121		56,823		—		56,944
U.S. Government Securities Money Market Fund		32,696		—		32,696		—		—		32,696
U.S. Treasury Money Market Fund		63,779		—		63,779		—		—		63,779
Virginia Tax-Free Money Market Fund		4		—		4		16,287		—		16,291


*	Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid. Amounts designated as “—” are either $0 or have been rounded to $0.

239

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008

As of March 31, 2008, the components of accumulated earnings (deficit) on a tax basis were as follows (in thousands):


												Accumulated
	Undistributed											Capital						Total
	Tax Exempt		Ordinary		Long Term		Accumulated		Distributions			and Other			Unrealized			Accumulated
	Income		Income		Capital Gains		Earnings		Payable			Losses			Appreciation/			Earnings
	($)		($)		($)		($)		($)			($)**			(Depreciation) ($)***			(Deficit) ($)

Georgia Tax-Exempt Bond Fund		733		—		—		733		(543	)		(1,547	)		(709	)		(2,066	)
High Grade Municipal Bond Fund		527		—		—		527		(534	)		(581	)		821			233
High Income Fund		—		189		—		189		(340	)		(3,869	)		(1,975	)		(5,995	)
Intermediate Bond Fund		—		7,256		—		7,256		(3,052	)		(498	)		13,098			16,804
Investment Grade Bond Fund		—		2,335		—		2,335		(1,551	)		(11,761	)		5,173			(5,804	)
Investment Grade Tax-Exempt Bond Fund		1,386		4,064		273		5,723		(1,537	)		(777	)		5,113			8,522
Limited Duration Fund		—		138		—		138		(138	)		(11	)		(592	)		(603	)
Limited-Term Federal Mortgage Securities Fund		—		551		—		551		(421	)		(20,686	)		1,008			(19,548	)
Maryland Municipal Bond Fund		86		—		—		86		(130	)		(116	)		281			121
North Carolina Tax-Exempt Bond Fund		65		—		—		65		(129	)		(742	)		(348	)		(1,154	)
Seix Floating Rate High Income Fund		—		3,200		—		3,200		(3,302	)		(23,559	)		(53,230	)		(76,891	)
Seix High Yield Fund		—		3,652		—		3,652		(4,499	)		(62,990	)		(27,124	)		(90,961	)
Short-Term Bond Fund		—		1,134		—		1,134		(1,447	)		(8,943	)		794			(8,462	)
Short-Term U.S. Treasury Securities Fund		—		248		—		248		(250	)		(2,182	)		2,648			464
Strategic Income Fund		—		288		—		288		(427	)		(7,042	)		377			(6,804	)
Total Return Bond Fund		—		3,208		—		3,208		(2,538	)		(4,536	)		3,181			(685	)
Ultra-Short Bond Fund		—		361		—		361		(321	)		(2,283	)		(526	)		(2,769	)
U.S. Government Securities Fund		—		2,207		—		2,207		(1,906	)		(5,065	)		15,623			10,859
U.S. Government Securities Ultra-Short Bond Fund		—		255		—		255		(226	)		(1,251	)		413			(809	)
Virginia Intermediate Municipal Bond Fund		614		—		—		614		(647	)		(435	)		4,500			4,032
Prime Quality Money Market Fund		—		24,561		—		24,561		(24,484	)		(2,262	)		—			(2,185	)
Tax-Exempt Money Market Fund		3,530		1		3		3,534		(3,494	)		(112	)		—			(72	)
U.S. Government Securities Money Market Fund		—		4,575		—		4,575		(4,587	)		(1	)		—			(13	)
U.S. Treasury Money Market Fund		—		1,354		—		1,354		(1,269	)		(181	)		—			(96	)
Virginia Tax-Free Money Market Fund		1,263		34		21		1,318		(1,247	)		—			—			71


*	As of the latest tax year end of March 31, 2008, the following Funds had net capital loss carryovers to offset future net capital gains, if any, to the extent provided by the Treasury regulations (in thousands). To the extent that these carryovers are used to offset future gains, it is probable that the gains so offset will not be distributed to shareholders.

240

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


	Expires
	2009 ($)		2011 ($)		2012 ($)			2013 ($)		2014 ($)			2015 ($)		2016 ($)

Georgia Tax-Exempt Bond Fund		—		—		—			—		—			104		823
High Grade Municipal Bond Fund		—		—		—			—		—			—		569
High Income Fund		—		—		—			—		—			—		1,188
Intermediate Bond Fund		—		—		—	#		—		497	#		—		—
Investment Grade Bond Fund		4,060		—		—			—		—			7,324		—
Limited Duration Fund		—		—		—			—		—			11		—
Limited-Term Federal Mortgage Securities Fund		—		—		5,162			3,272		5,209			4,063		2,980
Maryland Municipal Bond Fund		—		—		—			—		—			—		52
North Carolina Tax-Exempt Bond Fund		—		—		—			—		130			—		496
Seix Floating Rate High Income Fund		—		—		—			—		—			—		2,715
Seix High Yield Fund		—		—		—			—		5,152			11,772		15,837
Short-Term Bond Fund		—		7,469		22			353		47			1,052		—
Short-Term U.S. Treasury Securities Fund		—		—		—			128		907			1,147		—
Strategic Income Fund		—		—		—			—		—			4,212		813
Total Return Bond Fund		—		—		—			—		—			4,344		—
Ultra-Short Bond Fund		—		—		495			548		573			667		—
U.S. Government Securities Fund		—		—		—			—		—			5,065		—
U.S. Government Securities Ultra-Short Bond Fund		—		—		436			393		272			150		—
Virginia Intermediate Municipal Bond Fund		—		—		—			—		33			63		339
Prime Quality Money Market Fund		—		—		—			—		—			—		25
U.S. Treasury Money Market Fund		—		—		—			134		42			5		—


	#	As of March 31, 2008, the Fund had capital loss carryforwards subject to certain limitations on availability, to offset future capital gains, if any, as the successor of a merger.

During the year ended March 31, 2008, the Intermediate Bond Fund, Investment Grade Bond Fund, Limited Duration 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, U.S. Treasury Money Market Fund utilized $1,400, $3,164, $3, $2,101, $118, $2,389, $93, $3,678, $83 and $31, respectively, in thousands, in capital loss carryforwards.

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. The 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, Maryland Municipal Bond Fund, North Carolina Tax-Exempt Bond Fund, Seix Floating Rate High Income Fund, Seix High Yield Bond Fund, Strategic Income Fund, Total Return Bond Fund, Prime Quality Money Market Fund, Tax Exempt Money Market Fund and U.S. Government Securities Money Market Fund have incurred and will elect to defer $620, $12, $2,681, $1, $377, $777, $64, $116, $20,844, $30,228, $2,017, $192, $2,237, $112 and $1, respectively, in thousands, in capital losses.


***	The differences between book-basis and tax-basis unrealized appreciation/ (depreciation) is attributable primarily to: tax deferral of losses on wash sales and the difference between book and tax amortization methods for premium and market discount.

Amounts designated as “—” are either $0 or have been rounded to $0.

241

NOTES TO FINANCIAL STATEMENTS (continued)
RIDGEWORTH FUNDS March 31, 2008


7.	Risks

The prices of the Funds’ fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments. Generally, the Funds’ fixed income securities will decrease in value if interest rates rise and vice versa, and the volatility of lower-rated securities is even greater than that of higher-rated securities. Also, longer-term securities are generally more volatile, so the average maturity or duration of these securities affects risk.

The High Income, Seix High Yield and Strategic Income 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.

The High Income Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, and Strategic Income Fund invest in first and second lien senior floating rate loans. The risk associated with floating rate loans is similar to the risks of below investment grade securities. In addition, the value of the collateral securing the loan may decline, causing a loan to be substantially unsecured. Difficulty in selling a floating rate loan may result in a loss. Borrowers may pay back principal before the scheduled due date when interest rates decline, which may require the Fund to replace a particular loan with a lower-yielding security. There may be less extensive public information available with respect to loans than for rated, registered or exchange listed securities. The Fund may assume the credit risk of the primary lender in addition to the borrower, and investments in loan assignments may involve the risks of being a lender.

The Intermediate Bond, Investment Grade Bond, Strategic Income and Total Return Bond 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 will tend to be an increased risk of price volatility associated with the Fund’s investments in emerging market countries, which may be magnified by currency fluctuations relative to the U.S. dollar.

The Georgia Tax-Exempt Bond, Maryland Municipal Bond, North Carolina Tax-Exempt Bond, Virginia Intermediate Municipal Bond and Virginia Tax-Free Money Market Funds’ concentrations of investments in securities of issuers located in a specific region subjects that Fund to the economic and government policies of that region and may increase risk versus that of a fund whose investments are more diversified.

The Intermediate Bond, Investment Grade Bond, Limited Duration, Limited-Term Federal Mortgage Securities, Short-Term Bond, Total Return Bond, Ultra-Short Bond, U.S. Government Securities and U.S. Government Securities Ultra-Short Bond Funds invest in securities whose value is derived from an underlying pool of mortgages or consumer loans. Prepayment of these loans shortens the stated maturity of these respective obligations and may result in a loss of premium, if any has been paid. Estimates of such prepayments are used to calculate expected maturity dates and a Fund’s average duration.

The Money Market Funds invest primarily in money market instruments maturing in 397 days or less whose ratings are within one of the two highest ratings categories assigned by a nationally recognized statistical rating organization, or, if not rated, are believed to be of comparable quality. The ability of the issuers of the securities held by the Funds to meet their obligations may be affected by economic developments in a specific industry, state or region.

242

NOTES TO FINANCIAL STATEMENTS (concluded)
RIDGEWORTH FUNDS March 31, 2008

Certain Funds hold certain securities the issuer of which operates under a congressional charter. These securities (Federal Home Loan Mortgage Corporation, Federal Home Loan Bank and Federal National Mortgage Association) are neither issued nor guaranteed by the U.S. Government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer’s line of credit), would require congressional action.


8.	Investment Adviser Reorganization

The Investment Adviser created new wholly-owned subsidiaries, which will serve as investment subadvisers (the “Subadvisers”) to certain funds. The Subadvisers are staffed with the same portfolio management teams that previously managed the Funds. The Board has approved Investment Subadvisory Agreements between the Investment Adviser and Subadvisers effective March 31, 2008. The discussion regarding the basis for the Board’s decision is presented in the Annual Approval of Investment Advisory and Subadvisory Agreements found in this annual report.

243

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

RIDGEWORTH FUNDS March 31, 2008

To the Board of Trustees and Shareholders of
RidgeWorth Funds (formerly, STI Classic Funds):

In our opinion, the accompanying statements of assets and liabilities, including the schedules of portfolio investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of 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, Strategic Income 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 and Virginia Tax-Free Money Market Fund (twenty-five of the fifty-two funds constituting RidgeWorth Funds, hereafter referred to as the “Funds”) at March 31, 2008, and the results of each of their operations, the changes in each of their net assets and the financial highlights for each of the periods indicated, except as discussed below where funds were audited by other independent accountants, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Funds’ management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at March 31, 2008 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion. The financial highlights for the period ended May 31, 2004 of the North Carolina Tax-Exempt Bond Fund were audited by other independent accountants, whose report dated July 19, 2004 expressed an unqualified opinion on those financial statements. The financial highlights for the period ended October 31, 2003 of the Intermediate Bond Fund, Limited Duration Fund, Seix High Yield Fund and Total Return Bond Fund were audited by other independent accountants whose report dated December 19, 2003 expressed an unqualified opinion on those financial statements.

PricewaterhouseCoopers LLP

Columbus, Ohio
May 28, 2008

244

TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


				Number of
Name, Business			Principal	Portfolios in
Address, State of	Position	Term of	Occupation(s)	Fund	Other
Residence and	Held With	Office and Length	During the	Complex	Directorships
Date of Birth	Trust	of Time Served	Past 5 Years	Overseen	Held
INDEPENDENT TRUSTEES:
Jeffrey Biggar 3435 Stelzer Road Columbus, OH 43219 (Ohio) DOB 02/50	Trustee	Indefinite; since January 2007	Retired. Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2002-2006)	57	None

George C. Guynn 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 12/42	Trustee	Indefinite; since January 2008	Retired. President (1996-October 2006) and Chief Executive Officer (1995-October 2006) Federal Reserve Bank of Atlanta	57	Genuine Parts Company; Oxford Industries; John Weiland Homes and Neighborhoods

Sidney E. Harris 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 07/49	Trustee	Indefinite; since November 2004	Professor (since 1997) and Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University.	57	ServiceMaster Company; Total System Services, Inc.

Warren Y. Jobe 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 11/40	Trustee	Indefinite; since November 2004	Retired. Executive Vice President, Georgia Power Company and Senior Vice President, Southern Company (1998-2001)	57	WellPoint, Inc.; UniSource Energy Corp.; HomeBanc Corp.

Connie D. McDaniel 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 04/58	Trustee	Indefinite; since May 2005	Vice President Global Finance Transformation (since 2007), Vice President and Controller (1999-2007), The Coca-Cola Company	57	None

Clarence H. Ridley 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 06/42	Trustee	Indefinite; since November 2001	Chairman, Haverty Furniture Companies	57	Crawford & Co.; Haverty Furniture Companies

Charles D. Winslow 3435 Stelzer Road Columbus, OH 43219 (Florida) DOB 07/35	Trustee	Indefinite; since November 2004	Retired. Formerly Partner, Accenture (consulting)	57	None

246

TRUSTEES AND OFFICERS OF THE RIDGEWORTH FUNDS (concluded)

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


		Term of Office
Name, Address	Position(s) Held	and Length	Principal Occupation(s)
and Date of Birth	with Trust	of Time Served	During the Past 5 Years
OFFICERS
Julia Short 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 11/72	President and Chief Executive Officer	One-year: since July 2007	Managing Director, Product Manager, RidgeWorth Capital Management, Inc. (since 2004); Relationship Manager, SEI Investments (Financial Services) (1994-2004)

Deborah A. Lamb 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 10/52	Executive Vice President; Assistant Secretary; Chief Compliance Officer	One-year; since September 2004; since November 2003; since August 2004 (respectively)	Chief Compliance Officer, Managing Director, RidgeWorth Capital Management, Inc. (since 2003); President, Investment Industry Consultants, LLC (2000-2003);

Martin R. Dean 3435 Stelzer Road Columbus, OH 43219 DOB 11/63	Treasurer; Chief Financial Officer; Chief Accounting Officer	One-year; since March 2007	Senior Vice President (since January 2008), Financial Administration, Vice President (1994-January 2008) Citi Fund Services Ohio, Inc.

Cynthia J. Surprise 3435 Stelzer Road Columbus, OH 43219 DOB 07/46	Secretary and Chief Legal Officer	One-year; since February 2005	Senior Vice President, Regulatory Administration, Citi Fund Services Ohio, Inc. (since 2004); Director and Counsel, Investors Bank & Trust Company (1999-2004)

Kerry Reilly 3435 Stelzer Road Columbus, OH 43219 DOB 07/65	Assistant Secretary	One-year; since February 2008	Vice President (since January 2008), Counsel (since July 2007), Assistant Counsel (January 2006-June 2007) Legal Services, Citi Fund Services Ohio, Inc.; from June 2004 to May 2005, employee CitiStreet LLC; from June 1987 through October 2001, employee of Fidelity Investments.

247

ADDITIONAL INFORMATION

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

ANNUAL APPROVAL OF INVESTMENT ADVISORY AND SUBADVISORY AGREEMENTS

In considering the renewal of the agreement with the Adviser this year, the Board requested and received material from the Adviser in preparation for a special meeting of the Board held on October 23, 2007, and requested and reviewed additional material from the Adviser in preparation for its quarterly meeting held on November 13, 2007, at which it specifically considered the renewal of the agreement. In addition, at a meeting held on February 12, 2008, the Board considered the approval of proposed subadvisory agreements with StableRiver Capital Management LLC and Seix Investment Advisors LLC (together, the “Subadvisers”), which are new subsidiaries of the Adviser staffed with the same portfolio management teams that have continuously managed the relevant Funds of the Trust.

The material reviewed by the Board in considering the existing and proposed agreements included, among other things, information about: (a) the quality of the Adviser’s and Subadvisers’ investment management and other services; (b) the Adviser’s and Subadvisers’ investment management personnel; (c) the Adviser’s and Subadvisers’ operations and financial condition; (d) the Adviser’s and Subadvisers’ brokerage practices (including any soft dollar arrangements) and investment strategies; (e) the level of the advisory fees that the Adviser and Subadvisers charge the Funds compared with the fees they charge to comparable mutual funds or accounts; (f) the Funds’ overall fees and operating expenses compared with similar mutual funds; (g) the level of the Adviser’s and Subadvisers’ profitability from their Fund-related operations; (h) the Adviser’s and Subadvisers’ compliance systems; (i) the Adviser’s and Subadvisers’ policies and procedures for personal securities transactions; (j) the Adviser’s and Subadvisers’ reputation, expertise and resources in domestic financial markets; and (k) the Funds’ performance compared with similar mutual funds. The Board also received a memorandum from Fund counsel regarding the responsibilities of the Trustees in connection with their consideration of the agreements.

Based on the Board’s deliberations and evaluation of the information it received, the Board, including the Independent Trustees, approved the agreements with the Adviser and Subadvisers, and the selection of the Adviser and Subadvisers, and determined that the compensation under the agreements is fair and reasonable in light of the services to be performed. The Board considered the following specific factors, none of which was controlling, and made the following conclusions:

Nature, Extent, and Quality of Services

248

ADDITIONAL INFORMATION (continued)

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

things, the Adviser’s and Subadvisers’ personnel, experience, track record, and compliance program. The Board considered the background and experience of the Adviser’s and Subadvisers’ senior management and the expertise of, and amount of attention expected to be given to the Funds by, their portfolio management teams. The Board reviewed the qualifications, backgrounds, and responsibilities of the portfolio managers responsible for the day-to-day management of the Funds. The Board also reviewed information pertaining to the Adviser’s and Subadvisers’ organizational structure, senior management, investment operations, and other relevant information. In addition, the Board reviewed the Adviser’s organizational restructuring plan for 2008 and its potential effects on the Funds’ shareholders. The Board concluded that, within the context of its full deliberations, the nature, extent, and quality of the services to be provided to the Funds by the Adviser and Subadvisers supported the approval of the agreements.

Performance

Fund Expenses

With respect to advisory fees, the Board considered the rate of compensation under the agreements and each Fund’s net operating expense ratio in comparison to those of comparable mutual funds. The Trustees also considered information about average expense ratios of comparable mutual funds in each Fund’s peer group. Finally, the Trustees considered the effect of the Adviser’s and Subadvisers’ waiver and reimbursement of fees and expenses, where applicable, to prevent total expenses from exceeding a specified amount and that, due to these waivers and reimbursements, net operating expenses have been maintained at competitive levels. The Board concluded that, within the context of its full deliberations, the expenses of the Funds are reasonable and supported the approval of the agreements.

Profitability

Economies of Scale

The Board considered the existence of economies of scale and whether they were passed along to Fund shareholders through a graduated advisory fee schedule or other means, including any fee and expense waivers and reimbursements by the Adviser and Subadvisers. The Board concluded that, within the context of its full deliberations, the Funds obtain reasonable benefit from economies of scale.

249

ADDITIONAL INFORMATION (continued)

RIDGEWORTH FUNDS March 31, 2008
(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 October 1, 2007 through March 31, 2008.

Actual Expenses


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Georgia Tax-Exempt Bond Fund	I Shares		1,000.00		1,000.10		2.85		0.57
	A Shares		1,000.00		999.30		3.65		0.73
	C Shares		1,000.00		995.00		7.88		1.58
High Grade Municipal Bond Fund	I Shares		1,000.00		1,014.80		3.02		0.60
	A Shares		1,000.00		1,013.10		3.77		0.75
	C Shares		1,000.00		1,008.80		8.04		1.60
High Income Fund	I Shares		1,000.00		962.00		3.43		0.70
	A Shares		1,000.00		962.00		4.95		1.01
	C Shares		1,000.00		957.20		8.37		1.71
Intermediate Bond Fund	I Shares		1,000.00		1,053.60		1.49		0.29
	A Shares		1,000.00		1,053.40		2.82		0.55
	C Shares		1,000.00		1,037.90		6.57		1.29
Investment Grade Bond Fund	I Shares		1,000.00		1,046.40		2.81		0.55
	A Shares		1,000.00		1,044.80		4.40		0.86
	C Shares		1,000.00		1,041.10		7.96		1.56
Investment Grade Tax-Exempt Bond Fund	I Shares		1,000.00		1,029.70		2.79		0.55
	A Shares		1,000.00		1,028.10		4.31		0.85
	C Shares		1,000.00		1,024.60		7.85		1.55
Limited Duration Fund	I Shares		1,000.00		1,012.10		0.86		0.17
Limited-Term Federal Mortgage Securities Fund	I Shares		1,000.00		1,030.20		2.94		0.58
	A Shares		1,000.00		1,028.20		4.01		0.79
	C Shares		1,000.00		1,024.10		8.05		1.59
Maryland Municipal Bond Fund	I Shares		1,000.00		1,011.70		3.12		0.62
	A Shares		1,000.00		1,009.90		3.87		0.77
	C Shares		1,000.00		1,006.60		8.13		1.62
North Carolina Tax-Exempt Bond Fund(a)	I Shares		1,000.00		999.10		3.05		0.61
	A Shares		1,000.00		998.40		3.80		0.76
Seix Floating Rate High Income Fund	I Shares		1,000.00		958.50		2.40		0.49
	A Shares		1,000.00		956.00		3.86		0.79
	C Shares		1,000.00		952.70		7.27		1.49
Seix High Yield Fund	I Shares		1,000.00		972.50		2.42		0.49
	A Shares		1,000.00		972.30		3.70		0.75
	C Shares		1,000.00		968.30		7.33		1.49

250

ADDITIONAL INFORMATION (continued)

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Short-Term Bond Fund	I Shares		1,000.00		1,028.30		2.28		0.45
	A Shares		1,000.00		1,026.10		3.29		0.65
	C Shares		1,000.00		1,023.10		7.33		1.45
Short-Term U.S. Treasury Securities Fund	I Shares		1,000.00		1,052.80		2.36		0.46
	A Shares		1,000.00		1,051.90		3.28		0.64
	C Shares		1,000.00		1,048.70		7.48		1.46
Strategic Income Fund	I Shares		1,000.00		1,015.00		3.27		0.65
	A Shares		1,000.00		1,013.50		4.78		0.95
	C Shares		1,000.00		1,010.00		8.34		1.66
Total Return Bond Fund	I Shares		1,000.00		1,041.90		1.53		0.30
	A Shares		1,000.00		1,039.40		2.75		0.54
	C Shares		1,000.00		1,035.70		6.62		1.30
Ultra-Short Bond Fund	I Shares		1,000.00		1,013.70		1.51		0.30
U.S. Government Securities Fund	I Shares		1,000.00		1,056.20		2.78		0.54
	A Shares		1,000.00		1,054.60		4.37		0.85
	C Shares		1,000.00		1,051.00		7.95		1.55
U.S. Government Securities Ultra-Short Bond Fund	I Shares		1,000.00		1,027.20		1.37		0.27
Virginia Intermediate Municipal Bond Fund	I Shares		1,000.00		1,019.30		3.03		0.60
	A Shares		1,000.00		1,018.50		3.78		0.75
	C Shares		1,000.00		1,015.20		8.06		1.60
Prime Quality Money Market Fund	I Shares		1,000.00		1,019.60		2.57		0.51
	A Shares		1,000.00		1,018.80		3.33		0.66
	C Shares		1,000.00		1,018.30		3.83		0.76
Tax-Exempt Money Market Fund	I Shares		1,000.00		1,012.70		2.42		0.48
	A Shares		1,000.00		1,012.00		3.17		0.63
U.S. Government Securities Money Market Fund	I Shares		1,000.00		1,017.30		2.87		0.57
	A Shares		1,000.00		1,016.60		3.68		0.73
U.S. Treasury Money Market Fund	I Shares		1,000.00		1,014.10		2.87		0.57
	A Shares		1,000.00		1,013.30		3.62		0.72
Virginia Tax-Free Money Market Fund	I Shares		1,000.00		1,013.00		2.21		0.44
	A Shares		1,000.00		1,012.30		2.97		0.59


*	Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.


**	Annualized.

(a)	North Carolina Tax-Exempt Bond Fund C Shares was not operational during the six-month period from October 1, 2007 through March 31, 2008.

Hypothetical Example

251

ADDITIONAL INFORMATION (continued)

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

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.


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

Georgia Tax-Exempt Bond Fund	I Shares		1,000.00		1,022.15		2.88		0.57
	A Shares		1,000.00		1,021.35		3.69		0.73
	C Shares		1,000.00		1,017.10		7.97		1.58
High Grade Municipal Bond Fund	I Shares		1,000.00		1,022.00		3.03		0.60
	A Shares		1,000.00		1,021.25		3.79		0.75
	C Shares		1,000.00		1,017.00		8.07		1.60
High Income Fund	I Shares		1,000.00		1,021.50		3.54		0.70
	A Shares		1,000.00		1,019.95		5.10		1.01
	C Shares		1,000.00		1,016.45		8.62		1.71
Intermediate Bond Fund	I Shares		1,000.00		1,023.55		1.47		0.29
	A Shares		1,000.00		1,022.25		2.78		0.55
	C Shares		1,000.00		1,018.55		6.51		1.29
Investment Grade Bond Fund	I Shares		1,000.00		1,022.25		2.78		0.55
	A Shares		1,000.00		1,020.70		4.34		0.86
	C Shares		1,000.00		1,017.20		7.87		1.56
Investment Grade Tax-Exempt Bond Fund	I Shares		1,000.00		1,022.25		2.78		0.55
	A Shares		1,000.00		1,020.75		4.29		0.85
	C Shares		1,000.00		1,017.25		7.82		1.55
Limited Duration Fund	I Shares		1,000.00		1,024.15		0.86		0.17
Limited-Term Federal Mortgage Securities Fund	I Shares		1,000.00		1,022.10		2.93		0.58
	A Shares		1,000.00		1,021.05		3.99		0.79
	C Shares		1,000.00		1,017.05		8.02		1.59
Maryland Municipal Bond Fund	I Shares		1,000.00		1,021.90		3.13		0.62
	A Shares		1,000.00		1,021.15		3.89		0.77
	C Shares		1,000.00		1,016.90		8.17		1.62
North Carolina Tax-Exempt Bond Fund(a)	I Shares		1,000.00		1,021.95		3.08		0.61
	A Shares		1,000.00		1,021.20		3.84		0.76
Seix Floating Rate High Income Fund	I Shares		1,000.00		1,022.55		2.48		0.49
	A Shares		1,000.00		1,021.05		3.99		0.79
	C Shares		1,000.00		1,017.55		7.52		1.49
Seix High Yield Fund	I Shares		1,000.00		1,022.55		2.48		0.49
	A Shares		1,000.00		1,021.25		3.79		0.75
	C Shares		1,000.00		1,017.55		7.52		1.49
Short-Term Bond Fund	I Shares		1,000.00		1,022.75		2.28		0.45
	A Shares		1,000.00		1,021.75		3.29		0.65
	C Shares		1,000.00		1,017.75		7.31		1.45
Short-Term U.S. Treasury Securities Fund	I Shares		1,000.00		1,022.70		2.33		0.46
	A Shares		1,000.00		1,021.80		3.23		0.64
	C Shares		1,000.00		1,017.70		7.36		1.46
Strategic Income Fund	I Shares		1,000.00		1,021.75		3.29		0.65
	A Shares		1,000.00		1,020.25		4.80		0.95
	C Shares		1,000.00		1,016.70		8.37		1.66
Total Return Bond Fund	I Shares		1,000.00		1,023.50		1.52		0.30
	A Shares		1,000.00		1,022.30		2.73		0.54
	C Shares		1,000.00		1,018.50		6.56		1.30
Ultra-Short Bond Fund	I Shares		1,000.00		1,023.50		1.52		0.30
U.S. Government Securities Fund	I Shares		1,000.00		1,022.30		2.73		0.54
	A Shares		1,000.00		1,020.75		4.29		0.85
	C Shares		1,000.00		1,017.25		7.82		1.55

252

ADDITIONAL INFORMATION (continued)

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)


		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		10/01/07($)		03/31/08($)		10/01/07-03/31/08($)		10/01/07-03/31/08(%)

U.S. Government Securities Ultra-Short Bond Fund	I Shares		1,000.00		1,023.65		1.37		0.27
Virginia Intermediate Municipal Bond Fund	I Shares		1,000.00		1,022.00		3.03		0.60
	A Shares		1,000.00		1,021.25		3.79		0.75
	C Shares		1,000.00		1,017.00		8.07		1.60
Prime Quality Money Market Fund	I Shares		1,000.00		1,022.45		2.58		0.51
	A Shares		1,000.00		1,021.70		3.34		0.66
	C Shares		1,000.00		1,021.20		3.84		0.76
Tax-Exempt Money Market Fund	I Shares		1,000.00		1,022.60		2.43		0.48
	A Shares		1,000.00		1,021.85		3.18		0.63
U.S. Government Securities Money Market Fund	I Shares		1,000.00		1,022.15		2.88		0.57
	A Shares		1,000.00		1,021.35		3.69		0.73
U.S. Treasury Money Market Fund	I Shares		1,000.00		1,022.15		2.88		0.57
	A Shares		1,000.00		1,021.40		3.64		0.72
Virginia Tax-Free Money Market Fund	I Shares		1,000.00		1,022.80		2.23		0.44
	A Shares		1,000.00		1,022.05		2.98		0.59


*	Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.


**	Annualized.

(a)	North Carolina Tax-Exempt Bond Fund C Shares was not operational during the six-month period from October 1, 2007 through March 31, 2008.

253

ADDITIONAL INFORMATION (concluded)

RIDGEWORTH FUNDS March 31, 2008
(Unaudited)

Special Meeting of Shareholders

A meeting of shareholders of the RidgeWorth Funds, was held on January 20, 2008. At the meeting, shareholders voted and approved the following proposal:

Proposal 1: To consider and vote on the election of members to the Board of Trustees of the Trust.


	# of Shares		% of Outstanding Shares		% of Shares Present

Jeffrey M. Biggar
Affirmative		6,579,428.109		94.343%		95.578%
Withhold		304,420.348		4.365%		4.422%

Total		6,883,848.457		98.708%		100.000%
George C. Guynn
Affirmative		6,587,354.241		94.456%		95.693%
Withhold		296,494.216		4.252%		4.307%

Total		6,883,848.457		98.708%		100.000%
Sidney E. Harris
Affirmative		6,581,214.171		94.368%		95.604%
Withhold		302,634.286		4.340%		4.396%

Total		6,883,848.457		98.708%		100.000%
Warren Y. Jobe
Affirmative		6,580,767.574		94.362%		95.597%
Withhold		303,080.883		4.346%		4.403%

Total		6,883,848.457		98.708%		100.000%
Connie D. McDaniel
Affirmative		6,549,975.936		93.920%		95.150%
Withhold		333,872.521		4.788%		4.850%

Total		6,883,848.457		98.708%		100.000%
Clarence H. Ridley
Affirmative		6,574,080.344		94.266%		95.500%
Withhold		309,768.113		4.442%		4.500%

Total		6,883,848.457		98.708%		100.000%
Charles D. Winslow
Affirmative		6,578,015.208		94.322%		95.557%
Withhold		305,833.249		4.386%		4.443%

Total		6,883,848.457		98.708%		100.000%

Proxy Voting

Portfolio Holdings Information

254

Item 2. Code of Ethics.

(a) The registrant has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. This code of ethics is included as an Exhibit.

(b) During the period covered by the report, with respect to the registrant’s code of ethics that applies to its principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions; there have been no amendments to, nor any waivers granted from, a provision that relates to any element of the code of ethics definition enumerated in paragraph (b) of this Item 2.

Item 3. Audit Committee Financial Expert.

3(a)(1) The registrant’s board of directors has determined that the registrant has at least one audit committee financial expert serving on its audit committee.
3(a)(2) The audit committee financial expert is Connie McDaniel, who is “independent” for purposes of this Item 3 of Form N-CSR.

Item 4. Principal Accountant Fees and Services.


	*Current Year*	*Previous Year*
(a) Audit Fees	$751,863	$729,216
(b) Audit-Related Fees	$111,170(1)	$107,670(1)
(c) Tax Fees	$0	$0
(d) All Other Fees	$0	$0

(1) Services related to security count examinations under Rule 17f-2 of the Investment Company Act of 1940.

e(1) Except as permitted by Rule 2-01(c)(7)(i)(C) of Regulation S-X, the Trust’s Audit Committee Charter provides that the principal responsibilities of the Committee shall include approving audit and non-audit services an independent accounting firm provides to the Trust (and certain Trust service providers) as required by and in accordance with applicable law. The Committee is authorized to develop policies and procedures, in accordance with applicable law, that provide for the advance pre-approval of some or all audit and non-audit services. The Committee is further authorized to delegate its responsibility to pre-approve audit and non-audit services to one or more members of the Committee, in accordance with applicable law.

e(2) None of the services summarized in (b)-(d), above, were approved by the Audit Committee pursuant to Rule 2-01(c)(7)(i)(C) of Regulation S-X.

(f) Not applicable.

(g)


		*Current Year*		*Previous Year*
		$996,749(1)		$3,438,868(2)

(1) Non-audit services related principally to certain technical accounting advice on financial products of the SunTrust Bank; tax compliance services; review of certain registration statements and regulatory filings; issuance of comfort letters and consents; agreed-upon procedures engagements; regulation AB procedures; time incurred related to the review of PwC’s 2006 workpapers by E&Y; Consumer Credit Risk Reporting Project.

(2) Non-audit services relate principally to certain technical accounting advice on financial products of SunTrust Banks, Inc.; Sarbanes-Oxley 404 implementation; review of certain registration statements and regulatory filings; issuance of comfort letters; and, tax compliance services to other entities controlled by SunTrust Banks, Inc.

(h) In regards to Item 4 (g), The audit committee has considered that the provision of non-audit services that were rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Schedule of Investments.

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 Management 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.

Not applicable.

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) The code of ethics that is the subject of the disclosure required by Item 2 is attached hereto.

(a)(2) Certifications pursuant to Rule 30a-2(a) are attached hereto.

(a)(3) Not applicable.

(b) Certifications pursuant to Rule 30a-2(b) are furnished herewith.


(1)		Not annualized for periods less than one year.

(2)		Annualized for periods less than one year.

(3)		Effective June 1, 2004, these Funds adopted a change in the amortization and accretion methodology on fixed income securities. The cumulative effect of this change in methodology was immaterial to all Funds. The Funds changed fiscal year end from May 31 to March 31.

(4)		Commenced operations on August 2, 2005.

*		During the period ended March 31, 2008, the Fund received certain payments by an affiliate. Absent these payments, the total return and ratio of net investment income to average net assets would have been 3.65% and 4.52%, respectively.


(c)		This security has not settled as of March 31, 2008 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.

(d)		Step bond.

(e)		Affiliate investment.

(f)		Represents cost for financial reporting purposes.


			Unrealized
	Unfunded		Appreciation
Borrower	Commitments($)		(Depreciation)($)

Brand Services		7,500		(910	)
Calpine Corp.		4,538		(596	)
Hawaiian Telecom Communications, Inc.		2,408		(578	)
MGM Mirage, Inc.		1,343		(70	)
Telcordia Technologies, Inc.		5,000		(900	)
Umbrella Acquisition		5,000		(1,275	)

				(4,329	)


By (Signature and Title)		/s/ Martin R. Dean

		Martin R. Dean, Treasurer, RidgeWorth Funds


By (Signature and Title)		/s/ Julia Short

		Julia Short, President, RidgeWorth Funds