UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-06557
RidgeWorth Funds
(Exact name of registrant as specified in charter)
RidgeWorth Capital Management LLC
3333 Piedmont Road, Suite 1500
Atlanta, GA 30305
(Address of principal executive offices)(Zip code)
Julia Short
President
RidgeWorth Funds
3333 Piedmont Road, Suite 1500
Atlanta, GA 30305
(Name and Address of Agent for Service)
Copies to:
W. John McGuire, Esq. Morgan, Lewis & Bockius LLP 2020 K Street, NW Washington, DC 20006 |
Thomas S. Harman, Esq. Morgan, Lewis & Bockius LLP 2020 K Street, NW Washington, DC 20006 |
Registrants telephone number, including area code: 1-888-784-3863
Date of fiscal year end: March 31
Date of reporting period: June 30, 2016
Item 1. | Schedule of Investments. |
SCHEDULES OF PORTFOLIO INVESTMENTS |
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
Aggressive Growth Stock Fund | ||||||||
Shares | Value($) | |||||||
Common Stocks 100.2% |
| |||||||
Consumer Discretionary 32.1% |
| |||||||
Amazon.com, Inc.* |
2,600 | 1,860,612 | ||||||
Chipotle Mexican Grill, Inc.* |
1,700 | 684,692 | ||||||
Lululemon Athletica, Inc.* |
7,900 | 583,494 | ||||||
Netflix, Inc.* |
15,000 | 1,372,200 | ||||||
Priceline Group, Inc. (The)* |
550 | 686,625 | ||||||
Starbucks Corp. |
8,000 | 456,960 | ||||||
Tesla Motors, Inc.* |
6,500 | 1,379,820 | ||||||
Under Armour, Inc., Cl A* |
9,400 | 377,222 | ||||||
Under Armour, Inc., Cl C* |
7,050 | 256,609 | ||||||
|
|
|||||||
7,658,234 | ||||||||
|
|
|||||||
Financials 8.0% |
||||||||
Charles Schwab Corp. (The) |
33,100 | 837,761 | ||||||
First Republic Bank |
8,500 | 594,915 | ||||||
Signature Bank* |
3,700 | 462,204 | ||||||
|
|
|||||||
1,894,880 | ||||||||
|
|
|||||||
Health Care 19.9% |
||||||||
Alexion Pharmaceuticals, Inc.* |
4,200 | 490,392 | ||||||
BioMarin Pharmaceutical, Inc.* |
5,700 | 443,460 | ||||||
Celgene Corp.* |
11,500 | 1,134,245 | ||||||
DexCom, Inc.* |
6,200 | 491,846 | ||||||
Exact Sciences Corp.* |
33,000 | 404,250 | ||||||
Illumina, Inc.* |
3,800 | 533,444 | ||||||
Medidata Solutions, Inc.* |
12,500 | 585,875 | ||||||
Regeneron Pharmaceuticals, Inc.* |
1,900 | 663,537 | ||||||
|
|
|||||||
4,747,049 | ||||||||
|
|
|||||||
Industrials 6.9% |
||||||||
Acuity Brands, Inc. |
1,500 | 371,940 | ||||||
XPO Logistics, Inc.* |
48,500 | 1,273,610 | ||||||
|
|
|||||||
1,645,550 | ||||||||
|
|
|||||||
Information Technology 33.3% |
||||||||
Alphabet, Inc., Cl A* |
1,300 | 914,589 | ||||||
Baidu, Inc. SP ADR* |
2,000 | 330,300 | ||||||
Ellie Mae, Inc.* |
5,710 | 523,322 | ||||||
Facebook, Inc., Cl A* |
12,000 | 1,371,360 | ||||||
MercadoLibre, Inc. |
6,300 | 886,221 | ||||||
Monolithic Power Systems, Inc. |
6,300 | 430,416 | ||||||
Palo Alto Networks, Inc.* |
6,700 | 821,688 | ||||||
Pandora Media, Inc.* |
40,000 | 498,000 | ||||||
Salesforce.com, Inc.* |
9,300 | 738,513 | ||||||
ServiceNow, Inc.* |
2,700 | 179,280 | ||||||
Splunk, Inc.* |
2,600 | 140,868 |
See Notes to Schedules of Portfolio Investments.
Zillow Group, Inc., Cl C* |
30,000 | 1,088,400 | ||||||
|
|
|||||||
7,922,957 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $14,935,513) |
|
23,868,670 | ||||||
|
|
|||||||
Money Market Fund 0.1% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(a) |
30,785 | 30,785 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $30,785) |
30,785 | |||||||
|
|
|||||||
Total Investments |
23,899,455 | |||||||
Liabilities in Excess of Other Assets (0.3)% |
(70,957 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 23,828,498 | ||||||
|
|
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviation
SP ADR | Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Capital Innovations Global Resources and Infrastructure Fund | ||||||||
Shares | Value($) | |||||||
Common Stocks 97.4% |
||||||||
Consumer Staples 3.5% |
||||||||
Adecoagro SA* |
4,150 | 45,525 | ||||||
Archer-Daniels-Midland Co. |
1,370 | 58,759 | ||||||
Bunge Ltd. |
605 | 35,786 | ||||||
|
|
|||||||
140,070 | ||||||||
|
|
|||||||
Energy 32.9% |
||||||||
Anadarko Petroleum Corp. |
2,535 | 134,989 | ||||||
BP PLC SP ADR |
3,415 | 121,267 | ||||||
Canadian Natural Resources Ltd. |
1,030 | 31,755 | ||||||
ConocoPhillips |
820 | 35,752 | ||||||
Eni SpA SP ADR |
550 | 17,793 | ||||||
Exxon Mobil Corp. |
1,420 | 133,111 | ||||||
Fairmount Santrol Holdings, Inc.* |
6,540 | 50,423 | ||||||
Gazprom PJSC SP ADR |
8,550 | 37,022 | ||||||
Green Plains, Inc. |
2,050 | 40,426 | ||||||
Halliburton Co. |
1,700 | 76,993 | ||||||
Kinder Morgan, Inc. |
1,450 | 27,144 | ||||||
Lukoil PJSC SP ADR |
785 | 32,758 | ||||||
Nabors Industries Ltd. |
7,875 | 79,144 | ||||||
Occidental Petroleum Corp. |
1,170 | 88,405 | ||||||
Petroleo Brasileiro SA SP ADR* |
2,095 | 15,000 | ||||||
PrairieSky Royalty Ltd. |
20 | 380 | ||||||
Royal Dutch Shell PLC SP ADR |
1,415 | 78,136 | ||||||
Sasol Ltd. SP ADR |
1,050 | 28,476 | ||||||
Schlumberger Ltd. |
1,830 | 144,716 | ||||||
Suncor Energy, Inc. |
1,580 | 43,813 | ||||||
Total SA SP ADR |
2,374 | 114,189 | ||||||
|
|
|||||||
1,331,692 | ||||||||
|
|
|||||||
Financials 2.0% |
||||||||
Weyerhaeuser Co., REIT |
2,783 | 82,850 | ||||||
|
|
|||||||
Industrials 1.9% |
||||||||
Deere & Co. |
970 | 78,609 | ||||||
|
|
|||||||
Materials 57.1% |
||||||||
Agrium, Inc. |
900 | 81,378 | ||||||
Albemarle Corp. |
645 | 51,155 | ||||||
Alcoa, Inc. |
6,825 | 63,268 | ||||||
ArcelorMittal* |
10,720 | 49,955 | ||||||
Barrick Gold Corp. |
8,040 | 171,654 | ||||||
BHP Billiton Ltd. SP ADR |
5,225 | 149,226 | ||||||
CF Industries Holdings, Inc. |
2,115 | 50,971 | ||||||
E.I. du Pont de Nemours & Co. |
1,060 | 68,688 | ||||||
Freeport-McMoRan, Inc. |
6,000 | 66,840 |
See Notes to Schedules of Portfolio Investments.
Glencore PLC |
57,000 | 115,984 | ||||||
Goldcorp, Inc. |
4,385 | 83,885 | ||||||
International Paper Co. |
1,175 | 49,797 | ||||||
KapStone Paper and Packaging Corp. |
3,155 | 41,047 | ||||||
Louisiana-Pacific Corp.* |
4,120 | 71,482 | ||||||
LyondellBasell Industries NV, Cl A |
535 | 39,815 | ||||||
Martin Marietta Materials, Inc. |
190 | 36,480 | ||||||
Monsanto Co. |
1,090 | 112,717 | ||||||
Mosaic Co. (The) |
1,710 | 44,768 | ||||||
Newmont Mining Corp. |
2,795 | 109,340 | ||||||
Nucor Corp. |
2,000 | 98,820 | ||||||
Packaging Corp. of America |
810 | 54,213 | ||||||
Platinum Group Metals Ltd.* |
6,700 | 22,713 | ||||||
Potash Corp. of Saskatchewan, Inc. |
4,140 | 67,234 | ||||||
Rio Tinto PLC SP ADR |
2,600 | 81,380 | ||||||
Silver Wheaton Corp. |
2,640 | 62,119 | ||||||
Southern Copper Corp. |
735 | 19,830 | ||||||
Steel Dynamics, Inc. |
2,860 | 70,070 | ||||||
Syngenta AG ADR |
995 | 76,406 | ||||||
United States Steel Corp. |
6,085 | 102,593 | ||||||
Vale SA SP ADR |
5,000 | 25,300 | ||||||
West Fraser Timber Co. Ltd. |
1,630 | 47,653 | ||||||
WestRock Co. |
2,260 | 87,846 | ||||||
Yamana Gold, Inc. |
7,500 | 39,000 | ||||||
|
|
|||||||
2,313,627 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $3,845,027) |
|
3,946,848 | ||||||
|
|
|||||||
Money Market Fund 7.0% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(a) |
284,188 | 284,188 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $284,188) |
|
284,188 | ||||||
|
|
|||||||
Total Investments |
4,231,036 | |||||||
Liabilities in Excess of Other Assets (4.4)% |
(179,918 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 4,051,118 | ||||||
|
|
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviation
ADR | American Depositary Receipt |
REIT | Real Estate Investment Trust |
SP ADR | Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited)
|
||||||||
International Equity Fund | ||||||||
Shares | Value($) | |||||||
Common Stocks 92.8% |
||||||||
Australia 4.4% |
||||||||
CSL Ltd.(a) |
25,390 | 2,134,842 | ||||||
|
|
|||||||
Bermuda 1.6% |
||||||||
Lazard Ltd., Cl A |
25,225 | 751,200 | ||||||
|
|
|||||||
Canada 5.9% |
||||||||
Canadian Pacific Railway Ltd.(b) |
13,136 | 1,691,785 | ||||||
Constellation Software, Inc. |
2,935 | 1,135,903 | ||||||
|
|
|||||||
2,827,688 | ||||||||
|
|
|||||||
China 6.8% |
||||||||
Ctrip.com International Ltd. ADR*(b) |
32,967 | 1,358,240 | ||||||
Kaisa Group Holdings Ltd.*(a)(b)(c) |
423,000 | 85,057 | ||||||
Tencent Holdings Ltd.(a) |
81,140 | 1,850,607 | ||||||
|
|
|||||||
3,293,904 | ||||||||
|
|
|||||||
Denmark 12.8% |
||||||||
Chr. Hansen Holding A/S(a) |
19,932 | 1,308,832 | ||||||
Coloplast A/S, Cl B(a) |
19,763 | 1,475,256 | ||||||
Novo Nordisk A/S SP ADR |
35,540 | 1,911,341 | ||||||
Novozymes A/S, Cl B(a) |
30,603 | 1,474,778 | ||||||
|
|
|||||||
6,170,207 | ||||||||
|
|
|||||||
France 7.3% |
||||||||
Essilor International SA(a) |
10,705 | 1,424,760 | ||||||
Hermes International(a) |
2,655 | 1,000,586 | ||||||
LVMH Moet Hennessy Louis Vuitton SE(a) |
7,324 | 1,108,979 | ||||||
|
|
|||||||
3,534,325 | ||||||||
|
|
|||||||
India 3.0% |
||||||||
HDFC Bank Ltd. ADR |
22,020 | 1,461,027 | ||||||
|
|
|||||||
Ireland 7.6% |
||||||||
Accenture PLC, Cl A |
8,005 | 906,886 | ||||||
Experian PLC(a) |
75,386 | 1,431,924 | ||||||
ICON PLC* |
19,108 | 1,337,751 | ||||||
|
|
|||||||
3,676,561 | ||||||||
|
|
|||||||
Japan 5.6% |
||||||||
Keyence Corp.(a)(b) |
2,330 | 1,571,475 | ||||||
Sysmex Corp.(a)(b) |
16,940 | 1,157,940 | ||||||
|
|
|||||||
2,729,415 | ||||||||
|
|
|||||||
Mexico 1.7% |
||||||||
Wal-Mart de Mexico SAB de CV |
335,890 | 808,008 | ||||||
|
|
|||||||
Netherlands 5.8% |
||||||||
Core Laboratories NV |
13,388 | 1,658,639 | ||||||
Yandex NV, Cl A* |
51,271 | 1,120,272 | ||||||
|
|
|||||||
2,778,911 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
South Africa 1.2% |
||||||||
Shoprite Holdings Ltd.(a) |
50,190 | 568,066 | ||||||
|
|
|||||||
Spain 1.4% |
||||||||
Industria de Diseno Textil SA(a) |
20,978 | 699,563 | ||||||
|
|
|||||||
Switzerland 11.8% |
||||||||
Chubb Ltd. |
16,729 | 2,186,648 | ||||||
Nestle SA(a) |
26,302 | 2,028,823 | ||||||
SGS SA(a) |
647 | 1,483,555 | ||||||
|
|
|||||||
5,699,026 | ||||||||
|
|
|||||||
Taiwan 4.8% |
||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. SP ADR |
88,590 | 2,323,716 | ||||||
|
|
|||||||
United Kingdom 11.1% |
||||||||
ARM Holdings PLC SP ADR(b) |
30,590 | 1,392,151 | ||||||
Compass Group PLC(a) |
79,145 | 1,508,629 | ||||||
Reckitt Benckiser Group PLC(a) |
24,467 | 2,461,517 | ||||||
|
|
|||||||
5,362,297 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $41,829,656) |
|
44,818,756 | ||||||
|
|
|||||||
Money Market Funds 14.2% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(d) |
2,985,914 | 2,985,914 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(d)(e) |
3,892,273 | 3,892,273 | ||||||
|
|
|||||||
6,878,187 | ||||||||
|
|
|||||||
Total Money Market Funds (Cost $6,878,187) |
|
6,878,187 | ||||||
|
|
|||||||
Total Investments |
51,696,943 | |||||||
Liabilities in Excess of Other Assets (7.0)% |
(3,384,482 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 48,312,461 | ||||||
|
|
* | Non-income producing security. |
(a) | Valued at fair value using procedures approved by the Board of Trustees (See Note 2(a)). Fair valued securities held by the Fund represent 51.3% of net assets as of June 30, 2016. |
(b) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was $3,858,772. |
(c) | The Funds investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(d) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(e) | Purchased with cash collateral held from securities lending. The total value of the collateral held by the Fund was $3,982,161. The total value of the collateral includes non-cash U.S. Government securities collateral having a value of $89,888. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviations
ADR | American Depositary Receipt |
SAB de CV | Sociedad Anónima Bursátil de Capital Variable is the Spanish equivalent to Variable Capital Company |
SP ADR | Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Large Cap Growth Stock Fund | ||||||||
Shares | Value($) | |||||||
Common Stocks 98.5% |
||||||||
Consumer Discretionary 25.9% |
||||||||
Amazon.com, Inc.* |
17,032 | 12,188,440 | ||||||
Chipotle Mexican Grill, Inc.* |
6,832 | 2,751,656 | ||||||
DR Horton, Inc. |
139,779 | 4,400,243 | ||||||
Harman International Industries, Inc. |
19,719 | 1,416,219 | ||||||
Johnson Controls, Inc. |
50,381 | 2,229,863 | ||||||
Netflix, Inc.* |
42,994 | 3,933,091 | ||||||
NIKE, Inc., Cl B |
60,200 | 3,323,040 | ||||||
Priceline Group, Inc. (The)* |
4,991 | 6,230,814 | ||||||
Royal Caribbean Cruises Ltd. |
57,584 | 3,866,766 | ||||||
Starbucks Corp. |
133,152 | 7,605,642 | ||||||
Ulta Salon Cosmetics & Fragrance, Inc.* |
13,995 | 3,409,742 | ||||||
Under Armour, Inc., Cl A*(a) |
75,410 | 3,026,203 | ||||||
Under Armour, Inc., Cl C* |
75,945 | 2,764,408 | ||||||
VF Corp. |
43,594 | 2,680,595 | ||||||
|
|
|||||||
59,826,722 | ||||||||
|
|
|||||||
Consumer Staples 7.7% |
||||||||
Blue Buffalo Pet Products, Inc.*(a) |
38,107 | 889,417 | ||||||
Colgate-Palmolive Co. |
62,454 | 4,571,633 | ||||||
Costco Wholesale Corp. |
30,952 | 4,860,702 | ||||||
Estee Lauder Cos., Inc. (The), Cl A |
37,760 | 3,436,915 | ||||||
WhiteWave Foods Co. (The)* |
86,609 | 4,065,427 | ||||||
|
|
|||||||
17,824,094 | ||||||||
|
|
|||||||
Energy 2.6% |
||||||||
Devon Energy Corp. |
64,176 | 2,326,380 | ||||||
EOG Resources, Inc. |
44,195 | 3,686,747 | ||||||
|
|
|||||||
6,013,127 | ||||||||
|
|
|||||||
Financials 2.9% |
||||||||
Charles Schwab Corp. (The) |
93,245 | 2,360,031 | ||||||
Discover Financial Services |
45,941 | 2,461,978 | ||||||
Morgan Stanley |
70,313 | 1,826,732 | ||||||
|
|
|||||||
6,648,741 | ||||||||
|
|
|||||||
Health Care 15.8% |
||||||||
Alexion Pharmaceuticals, Inc.* |
38,752 | 4,524,684 | ||||||
Bristol-Myers Squibb Co. |
67,631 | 4,974,260 | ||||||
Cerner Corp.* |
46,999 | 2,754,141 | ||||||
Edwards Lifesciences Corp.* |
44,469 | 4,434,893 | ||||||
Gilead Sciences, Inc. |
94,842 | 7,911,720 | ||||||
HCA Holdings, Inc.* |
27,198 | 2,094,518 | ||||||
McKesson Corp. |
17,364 | 3,240,991 | ||||||
Mylan NV* |
149,154 | 6,449,419 | ||||||
|
|
|||||||
36,384,626 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Industrials 10.8% |
| |||||||
A.O. Smith Corp. |
13,980 | 1,231,778 | ||||||
BE Aerospace, Inc. |
26,576 | 1,227,147 | ||||||
Delta Air Lines, Inc. |
95,032 | 3,462,016 | ||||||
Fluor Corp. |
33,027 | 1,627,570 | ||||||
Fortune Brands Home & Security, Inc. |
48,801 | 2,828,994 | ||||||
HD Supply Holdings, Inc.* |
135,508 | 4,718,388 | ||||||
Honeywell International, Inc. |
45,564 | 5,300,004 | ||||||
IHS, Inc., Cl A* |
11,718 | 1,354,718 | ||||||
J.B. Hunt Transport Services, Inc. |
22,831 | 1,847,713 | ||||||
WABCO Holdings, Inc.* |
13,803 | 1,263,941 | ||||||
|
|
|||||||
24,862,269 | ||||||||
|
|
|||||||
Information Technology 31.0% |
||||||||
Adobe Systems, Inc.* |
25,552 | 2,447,626 | ||||||
Alphabet, Inc., Cl A* |
10,595 | 7,453,900 | ||||||
Alphabet, Inc., Cl C* |
10,880 | 7,530,048 | ||||||
Analog Devices, Inc. |
59,840 | 3,389,338 | ||||||
Apple, Inc. |
82,322 | 7,869,983 | ||||||
ARM Holdings PLC SP ADR(a) |
40,674 | 1,851,074 | ||||||
Cognizant Technology Solutions Corp., Cl A* |
49,685 | 2,843,969 | ||||||
Facebook, Inc., Cl A* |
105,824 | 12,093,567 | ||||||
NXP Semiconductors NV* |
20,072 | 1,572,440 | ||||||
Palo Alto Networks, Inc.* |
19,264 | 2,362,537 | ||||||
Red Hat, Inc.* |
35,224 | 2,557,262 | ||||||
Salesforce.com, Inc.* |
88,202 | 7,004,121 | ||||||
Splunk, Inc.* |
38,911 | 2,108,198 | ||||||
Visa, Inc., Cl A |
116,375 | 8,631,534 | ||||||
Workday, Inc., Cl A* |
26,695 | 1,993,316 | ||||||
|
|
|||||||
71,708,913 | ||||||||
|
|
|||||||
Materials 1.8% |
||||||||
PPG Industries, Inc. |
11,852 | 1,234,386 | ||||||
Vulcan Materials Co. |
24,740 | 2,977,706 | ||||||
|
|
|||||||
4,212,092 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $131,329,011) |
227,480,584 | |||||||
|
|
|||||||
Money Market Funds 3.7% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(b) |
3,911,487 | 3,911,487 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(b)(c) |
4,561,483 | 4,561,483 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $8,472,970) |
8,472,970 | |||||||
|
|
|||||||
Total Investments |
235,953,554 | |||||||
Liabilities in Excess of Other Assets (2.2)% |
(5,000,891 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 230,952,663 | ||||||
|
|
* | Non-income producing security. |
See Notes to Schedules of Portfolio Investments.
(a) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was 4,733,799. |
(b) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(c) | Purchased with cash collateral held from securities lending. The total value of the collateral held by the Fund was $4,842,355. The total value of the collateral includes non-cash U.S. Government securities collateral having a value of $280,872. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviation
SP ADR | Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Large Cap Value Equity Fund | ||||||||
Shares | Value($) | |||||||
Common Stocks 96.0% |
||||||||
Consumer Discretionary 5.9% |
||||||||
Comcast Corp., Cl A |
911,786 | 59,439,329 | ||||||
Johnson Controls, Inc. |
841,972 | 37,265,681 | ||||||
Macys, Inc. |
845,600 | 28,420,616 | ||||||
|
|
|||||||
125,125,626 | ||||||||
|
|
|||||||
Consumer Staples 3.5% |
||||||||
Campbell Soup Co. |
82,620 | 5,496,708 | ||||||
Procter & Gamble Co. (The) |
808,743 | 68,476,270 | ||||||
|
|
|||||||
73,972,978 | ||||||||
|
|
|||||||
Energy 13.7% |
||||||||
Chevron Corp. |
719,034 | 75,376,334 | ||||||
EOG Resources, Inc. |
702,424 | 58,596,210 | ||||||
Exxon Mobil Corp. |
833,095 | 78,094,325 | ||||||
Royal Dutch Shell PLC SP ADR, Cl B(a) |
398,310 | 22,305,360 | ||||||
Schlumberger Ltd. |
674,255 | 53,320,086 | ||||||
|
|
|||||||
287,692,315 | ||||||||
|
|
|||||||
Financials 25.8% |
||||||||
Allstate Corp. (The) |
640,286 | 44,788,006 | ||||||
American Express Co. |
81,347 | 4,942,644 | ||||||
American Tower Corp., REIT |
184,343 | 20,943,208 | ||||||
Ameriprise Financial, Inc. |
210,318 | 18,897,072 | ||||||
Aon PLC |
290,055 | 31,682,708 | ||||||
BlackRock, Inc. |
117,361 | 40,199,663 | ||||||
Chubb Ltd. |
461,574 | 60,332,337 | ||||||
Citigroup, Inc. |
1,085,890 | 46,030,877 | ||||||
Crown Castle International Corp., REIT |
207,253 | 21,021,672 | ||||||
JPMorgan Chase & Co. |
826,550 | 51,361,817 | ||||||
MetLife, Inc. |
497,975 | 19,834,344 | ||||||
Progressive Corp. (The) |
651,900 | 21,838,650 | ||||||
U.S. Bancorp |
1,257,793 | 50,726,792 | ||||||
Wells Fargo & Co. |
1,644,798 | 77,848,289 | ||||||
Willis Towers Watson PLC |
222,045 | 27,602,414 | ||||||
XL Group PLC |
152,705 | 5,086,604 | ||||||
|
|
|||||||
543,137,097 | ||||||||
|
|
|||||||
Health Care 12.0% |
||||||||
Agilent Technologies, Inc. |
383,075 | 16,993,207 | ||||||
Cigna Corp. |
410,392 | 52,526,072 | ||||||
Johnson & Johnson |
574,254 | 69,657,010 | ||||||
Pfizer, Inc. |
1,266,960 | 44,609,662 | ||||||
UnitedHealth Group, Inc. |
492,645 | 69,561,474 | ||||||
|
|
|||||||
253,347,425 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Industrials 11.1% | ||||||||
Caterpillar, Inc. |
317,924 | 24,101,819 | ||||||
CSX Corp. |
1,379,975 | 35,989,748 | ||||||
Delta Air Lines, Inc. |
663,980 | 24,188,791 | ||||||
FedEx Corp. |
280,444 | 42,565,790 | ||||||
General Electric Co. |
2,398,656 | 75,509,691 | ||||||
Honeywell International, Inc. |
182,961 | 21,282,024 | ||||||
United Technologies Corp. |
103,360 | 10,599,568 | ||||||
|
|
|||||||
234,237,431 | ||||||||
|
|
|||||||
Information Technology 18.0% | ||||||||
Apple, Inc. |
109,440 | 10,462,464 | ||||||
Applied Materials, Inc. |
1,801,182 | 43,174,333 | ||||||
Cisco Systems, Inc. |
1,539,049 | 44,155,316 | ||||||
EMC Corp. |
1,293,861 | 35,154,203 | ||||||
Hewlett Packard Enterprise Co. |
592,660 | 10,827,898 | ||||||
Intel Corp. |
1,193,323 | 39,140,994 | ||||||
Microsoft Corp. |
1,154,857 | 59,094,033 | ||||||
Oracle Corp. |
2,167,359 | 88,710,004 | ||||||
Texas Instruments, Inc. |
757,542 | 47,460,006 | ||||||
|
|
|||||||
378,179,251 | ||||||||
|
|
|||||||
Materials 1.7% | ||||||||
Dow Chemical Co. (The) |
717,247 | 35,654,348 | ||||||
|
|
|||||||
Telecommunication Services 2.8% |
||||||||
Verizon Communications, Inc. |
1,069,471 | 59,719,261 | ||||||
|
|
|||||||
Utilities 1.5% |
||||||||
NextEra Energy, Inc. |
236,349 | 30,819,909 | ||||||
|
|
|||||||
Total Common Stocks (Cost $1,613,486,113) |
|
2,021,885,641 | ||||||
|
|
|||||||
Money Market Funds 4.5% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(b) |
91,556,415 | 91,556,415 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(b)(c) |
2,169,775 | 2,169,775 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $93,726,190) |
|
93,726,190 | ||||||
|
|
|||||||
Total Investments |
2,115,611,831 | |||||||
Liabilities in Excess of Other Assets (0.5)% |
(10,275,221 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 2,105,336,610 | ||||||
|
|
(a) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was $2,122,400. |
(b) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(c) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviation
REIT | Real Estate Investment Trust |
SP ADR | Sponsored American Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Mid-Cap Value Equity Fund | ||||||||
Shares | Value($) | |||||||
Common Stocks 97.7% |
||||||||
Consumer Discretionary 8.1% |
||||||||
Hanesbrands, Inc. |
2,200,000 | 55,286,000 | ||||||
Johnson Controls, Inc. |
1,435,000 | 63,513,100 | ||||||
Marriott International, Inc., Cl A(a) |
550,000 | 36,553,000 | ||||||
Newell Brands, Inc. |
575,000 | 27,927,750 | ||||||
Ralph Lauren Corp. |
625,000 | 56,012,500 | ||||||
Whirlpool Corp. |
94,500 | 15,747,480 | ||||||
|
|
|||||||
255,039,830 | ||||||||
|
|
|||||||
Energy 12.0% |
||||||||
Anadarko Petroleum Corp. |
900,000 | 47,925,000 | ||||||
Baker Hughes, Inc. |
1,250,000 | 56,412,500 | ||||||
Cabot Oil & Gas Corp. |
1,375,000 | 35,392,500 | ||||||
Marathon Petroleum Corp. |
1,420,000 | 53,903,200 | ||||||
National Oilwell Varco, Inc. |
665,000 | 22,377,250 | ||||||
Noble Energy, Inc. |
1,300,000 | 46,631,000 | ||||||
Patterson-UTI Energy, Inc. |
1,150,000 | 24,518,000 | ||||||
Pioneer Natural Resources Co. |
620,000 | 93,750,200 | ||||||
|
|
|||||||
380,909,650 | ||||||||
|
|
|||||||
Financials 30.1% |
||||||||
Allstate Corp. (The) |
1,200,000 | 83,940,000 | ||||||
American Campus Communities, Inc., REIT |
700,000 | 37,009,000 | ||||||
Ameriprise Financial, Inc. |
1,000,000 | 89,850,000 | ||||||
BankUnited, Inc. |
1,124,800 | 34,553,856 | ||||||
BB&T Corp. |
1,040,000 | 37,034,400 | ||||||
Citizens Financial Group, Inc. |
1,750,000 | 34,965,000 | ||||||
Corporate Office Properties Trust, REIT |
1,000,000 | 29,570,000 | ||||||
Crown Castle International Corp., REIT |
160,000 | 16,228,800 | ||||||
Hartford Financial Services Group, Inc. (The) |
1,850,000 | 82,103,000 | ||||||
Lazard Ltd., Cl A |
3,051,000 | 90,858,780 | ||||||
MB Financial, Inc. |
1,400,000 | 50,792,000 | ||||||
PacWest Bancorp |
880,000 | 35,006,400 | ||||||
Parkway Properties, Inc., REIT |
1,440,000 | 24,091,200 | ||||||
Progressive Corp. (The) |
1,750,000 | 58,625,000 | ||||||
Umpqua Holdings Corp. |
2,100,000 | 32,487,000 | ||||||
Weyerhaeuser Co., REIT |
800,000 | 23,816,000 | ||||||
Willis Towers Watson PLC |
565,000 | 70,235,150 | ||||||
XL Group PLC |
2,600,000 | 86,606,000 | ||||||
Zions Bancorp. |
1,330,000 | 33,422,900 | ||||||
|
|
|||||||
951,194,486 | ||||||||
|
|
|||||||
Health Care 9.1% |
||||||||
Agilent Technologies, Inc. |
1,000,000 | 44,360,000 | ||||||
Cigna Corp. |
1,020,000 | 130,549,800 | ||||||
Humana, Inc. |
350,000 | 62,958,000 | ||||||
STERIS PLC |
715,000 | 49,156,250 | ||||||
|
|
|||||||
287,024,050 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Industrials 14.7% |
||||||||
Alaska Air Group, Inc. |
600,000 | 34,974,000 | ||||||
Allison Transmission Holdings, Inc. |
900,000 | 25,407,000 | ||||||
CSX Corp. |
1,350,000 | 35,208,000 | ||||||
Delta Air Lines, Inc. |
1,314,500 | 47,887,235 | ||||||
Donaldson Co., Inc. |
475,000 | 16,321,000 | ||||||
Hubbell, Inc. |
160,000 | 16,875,200 | ||||||
Ingersoll-Rand PLC |
483,000 | 30,757,440 | ||||||
ITT, Inc. |
649,700 | 20,777,406 | ||||||
J.B. Hunt Transport Services, Inc. |
300,000 | 24,279,000 | ||||||
Lincoln Electric Holdings, Inc. |
220,000 | 12,997,600 | ||||||
Macquarie Infrastructure Corp. |
620,000 | 45,911,000 | ||||||
Orbital ATK, Inc. |
345,000 | 29,373,300 | ||||||
Oshkosh Corp. |
625,000 | 29,818,750 | ||||||
Pentair PLC |
625,000 | 36,431,250 | ||||||
Rockwell Automation, Inc. |
140,000 | 16,074,800 | ||||||
Stanley Black & Decker, Inc. |
150,000 | 16,683,000 | ||||||
Textron, Inc. |
650,000 | 23,764,000 | ||||||
|
|
|||||||
463,539,981 | ||||||||
|
|
|||||||
Information Technology 10.8% |
||||||||
Analog Devices, Inc. |
725,000 | 41,064,000 | ||||||
Applied Materials, Inc. |
2,750,000 | 65,917,500 | ||||||
Cypress Semiconductor Corp.(a) |
7,000,000 | 73,850,000 | ||||||
Harris Corp. |
875,000 | 73,010,000 | ||||||
Hewlett Packard Enterprise Co. |
2,600,000 | 47,502,000 | ||||||
KLA-Tencor Corp. |
550,000 | 40,287,500 | ||||||
|
|
|||||||
341,631,000 | ||||||||
|
|
|||||||
Materials 4.2% |
||||||||
Ashland, Inc. |
280,000 | 32,135,600 | ||||||
Eagle Materials, Inc. |
440,000 | 33,946,000 | ||||||
Martin Marietta Materials, Inc. |
40,000 | 7,680,000 | ||||||
PPG Industries, Inc. |
310,000 | 32,286,500 | ||||||
Sherwin-Williams Co. (The) |
95,000 | 27,898,650 | ||||||
|
|
|||||||
133,946,750 | ||||||||
|
|
|||||||
Utilities 8.7% |
||||||||
American Electric Power Co., Inc. |
550,000 | 38,549,500 | ||||||
Edison International |
410,000 | 31,844,700 | ||||||
Exelon Corp. |
1,000,000 | 36,360,000 | ||||||
NextEra Energy Partners LP |
1,950,000 | 59,241,000 | ||||||
PG&E Corp. |
600,000 | 38,352,000 | ||||||
PPL Corp. |
900,000 | 33,975,000 | ||||||
Sempra Energy |
320,000 | 36,486,400 | ||||||
|
|
|||||||
274,808,600 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $2,845,567,963) |
|
3,088,094,347 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Funds 4.1% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(b) |
52,636,152 | 52,636,152 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(b)(c) |
79,011,320 | 79,011,320 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $131,647,472) |
|
131,647,472 | ||||||
|
|
|||||||
Total Investments |
3,219,741,819 | |||||||
Liabilities in Excess of Other Assets (1.8)% |
(58,415,281 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 3,161,326,538 | ||||||
|
|
(a) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was $76,428,100. |
(b) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(c) | Purchased with cash collateral held from securities lending. The total value of the collateral held by the Fund was $79,023,016. The total value of the collateral includes non-cash U.S. Government securities collateral having a value of $11,696. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviation
REIT | Real Estate Investment Trust |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Small Cap Growth Stock Fund | ||||||||
Shares | Value($) | |||||||
Common Stocks 99.6% |
||||||||
Consumer Discretionary 16.0% |
||||||||
American Axle & Manufacturing Holdings, Inc.* |
27,666 | 400,604 | ||||||
Cheesecake Factory, Inc. (The) |
11,834 | 569,689 | ||||||
Cracker Barrel Old Country Store, Inc.(a) |
5,052 | 866,266 | ||||||
Dennys Corp.* |
58,987 | 632,930 | ||||||
Dorman Products, Inc.* |
7,035 | 402,402 | ||||||
Five Below, Inc.* |
10,369 | 481,225 | ||||||
G-III Apparel Group Ltd.* |
14,319 | 654,665 | ||||||
Group 1 Automotive, Inc. |
7,522 | 371,286 | ||||||
Kirklands, Inc. |
26,298 | 386,055 | ||||||
Lithia Motors, Inc., Cl A |
3,891 | 276,533 | ||||||
Monro Muffler Brake, Inc. |
8,662 | 550,557 | ||||||
Sinclair Broadcast Group, Inc., Cl A |
23,357 | 697,440 | ||||||
Starz, Cl A* |
18,150 | 543,048 | ||||||
Tenneco, Inc.* |
9,648 | 449,693 | ||||||
Universal Electronics, Inc.* |
6,447 | 465,989 | ||||||
Wayfair, Inc., Cl A*(a) |
7,734 | 301,626 | ||||||
|
|
|||||||
8,050,008 | ||||||||
|
|
|||||||
Consumer Staples 3.3% |
||||||||
Caseys General Stores, Inc. |
4,842 | 636,771 | ||||||
Energizer Holdings, Inc. |
11,929 | 614,224 | ||||||
Orchids Paper Products Co. |
11,368 | 404,360 | ||||||
|
|
|||||||
1,655,355 | ||||||||
|
|
|||||||
Energy 1.3% |
||||||||
Carrizo Oil & Gas, Inc.* |
18,048 | 647,021 | ||||||
|
|
|||||||
Financials 8.6% |
||||||||
AMERISAFE, Inc. |
9,277 | 567,938 | ||||||
Cardinal Financial Corp. |
26,691 | 585,601 | ||||||
Coresite Realty Corp., REIT |
5,640 | 500,212 | ||||||
Employers Holdings, Inc. |
15,911 | 461,737 | ||||||
Home BancShares, Inc. |
27,398 | 542,206 | ||||||
MarketAxess Holdings, Inc. |
4,377 | 636,416 | ||||||
QTS Realty Trust, Inc., CL A, REIT |
11,885 | 665,322 | ||||||
Texas Capital Bancshares, Inc.* |
8,342 | 390,072 | ||||||
|
|
|||||||
4,349,504 | ||||||||
|
|
|||||||
Health Care 25.3% |
||||||||
ABIOMED, Inc.* |
5,087 | 555,958 | ||||||
Adeptus Health, Inc., Cl A*(a) |
7,585 | 391,841 | ||||||
AMN Healthcare Services, Inc.* |
21,180 | 846,565 | ||||||
Amsurg Corp.* |
5,601 | 434,302 | ||||||
Array BioPharma, Inc.* |
67,073 | 238,780 | ||||||
Cambrex Corp.* |
12,031 | 622,364 |
See Notes to Schedules of Portfolio Investments.
Chemed Corp. |
2,786 | 379,760 | ||||||
Depomed, Inc.*(a) |
24,894 | 488,420 | ||||||
HealthSouth Corp. |
18,750 | 727,875 | ||||||
ICU Medical, Inc.* |
4,346 | 490,012 | ||||||
Idera Pharmaceuticals, Inc.*(a) |
158,539 | 242,565 | ||||||
Inogen, Inc.* |
13,513 | 677,136 | ||||||
Insmed, Inc.* |
29,843 | 294,252 | ||||||
Keryx Biopharmaceuticals, Inc.*(a) |
55,878 | 369,912 | ||||||
Ligand Pharmaceuticals, Inc.* |
6,519 | 777,521 | ||||||
Molina Healthcare, Inc.* |
9,801 | 489,070 | ||||||
Neurocrine Biosciences, Inc.* |
11,970 | 544,036 | ||||||
NuVasive, Inc.* |
11,878 | 709,354 | ||||||
NxStage Medical, Inc.* |
38,496 | 834,593 | ||||||
Omnicell, Inc.* |
14,608 | 500,032 | ||||||
Portola Pharmaceuticals, Inc.* |
20,419 | 481,888 | ||||||
Prestige Brands Holdings, Inc.* |
9,101 | 504,195 | ||||||
Radius Health, Inc.*(a) |
8,926 | 328,031 | ||||||
Ultragenyx Pharmaceutical, Inc.* |
5,829 | 285,096 | ||||||
Vanda Pharmaceuticals, Inc.* |
46,193 | 516,900 | ||||||
|
|
|||||||
12,730,458 | ||||||||
|
|
|||||||
Industrials 18.3% |
||||||||
AAON, Inc. |
19,009 | 522,938 | ||||||
Air Transport Services Group, Inc.* |
38,703 | 501,591 | ||||||
American Woodmark Corp.* |
5,696 | 378,100 | ||||||
AZZ, Inc. |
8,604 | 516,068 | ||||||
Badger Meter, Inc. |
9,009 | 657,927 | ||||||
Beacon Roofing Supply, Inc.* |
14,164 | 644,037 | ||||||
Comfort Systems USA, Inc. |
20,377 | 663,679 | ||||||
Dycom Industries, Inc.* |
10,789 | 968,421 | ||||||
Forward Air Corp. |
14,032 | 624,845 | ||||||
Hawaiian Holdings, Inc.* |
10,713 | 406,666 | ||||||
Healthcare Services Group, Inc. |
14,688 | 607,789 | ||||||
HNI Corp. |
8,754 | 406,973 | ||||||
Korn/Ferry International |
17,296 | 358,027 | ||||||
Simpson Manufacturing Co., Inc. |
18,922 | 756,312 | ||||||
Trex Co., Inc.* |
13,494 | 606,151 | ||||||
Universal Forest Products, Inc. |
6,371 | 590,528 | ||||||
|
|
|||||||
9,210,052 | ||||||||
|
|
|||||||
Information Technology 20.1% |
||||||||
Aspen Technology, Inc.* |
18,526 | 745,486 | ||||||
Demandware, Inc.* |
10,423 | 780,683 | ||||||
Ellie Mae, Inc.* |
7,963 | 729,809 | ||||||
Euronet Worldwide, Inc.* |
7,799 | 539,613 | ||||||
Guidewire Software, Inc.* |
13,168 | 813,256 | ||||||
Inphi Corp.* |
19,224 | 615,745 | ||||||
Integrated Device Technology, Inc.* |
34,814 | 700,806 | ||||||
Littelfuse, Inc. |
7,350 | 868,696 | ||||||
LogMeIn, Inc.* |
7,064 | 448,069 | ||||||
Manhattan Associates, Inc.* |
7,741 | 496,430 | ||||||
MaxLinear, Inc., CL A* |
22,219 | 399,498 |
See Notes to Schedules of Portfolio Investments.
NIC, Inc. |
17,319 | 379,979 | ||||||
Paycom Software, Inc.*(a) |
15,611 | 674,551 | ||||||
Proofpoint, Inc.*(a) |
12,217 | 770,771 | ||||||
Q2 Holdings, Inc.* |
29,455 | 825,329 | ||||||
Virtusa Corp.* |
11,843 | 342,026 | ||||||
|
|
|||||||
10,130,747 | ||||||||
|
|
|||||||
Materials 5.1% |
||||||||
Balchem Corp. |
9,740 | 580,991 | ||||||
GCP Applied Technologies, Inc.* |
21,765 | 566,761 | ||||||
HB Fuller Co. |
9,575 | 421,204 | ||||||
Olin Corp. |
24,016 | 596,557 | ||||||
Quaker Chemical Corp. |
4,646 | 414,423 | ||||||
|
|
|||||||
2,579,936 | ||||||||
|
|
|||||||
Telecommunication Services 1.6% |
||||||||
8x8, Inc.* |
55,726 | 814,157 | ||||||
|
|
|||||||
Total Common Stocks (Cost $44,558,098) |
50,167,238 | |||||||
|
|
|||||||
Money Market Funds 10.7% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(b) |
787,937 | 787,937 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(b)(c) |
4,579,770 | 4,579,770 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $5,367,707) |
5,367,707 | |||||||
|
|
|||||||
Total Investments |
55,534,945 | |||||||
Liabilities in Excess of Other Assets (10.3)% |
(5,170,074 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 50,364,871 | ||||||
|
|
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was $4,433,983. |
(b) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(c) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviation
REIT | Real Estate Investment Trust |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS
RIDGEWORTH FUNDS June 30, 2016
(Unaudited)
Small Cap Value Equity Fund
Shares | Value($) | |||||||
Common Stocks 98.9% |
||||||||
Consumer Discretionary 17.3% |
||||||||
AMC Entertainment Holdings, Inc., Cl A |
863,540 | 23,842,339 | ||||||
Chicos FAS, Inc. |
936,300 | 10,027,773 | ||||||
Guess?, Inc. |
1,014,454 | 15,267,533 | ||||||
HSN, Inc. |
453,860 | 22,207,370 | ||||||
Matthews International Corp., Cl A |
50,440 | 2,806,482 | ||||||
MDC Partners, Inc., Cl A |
239,800 | 4,385,942 | ||||||
Meredith Corp. |
10,190 | 528,963 | ||||||
Papa Johns International, Inc. |
248,700 | 16,911,600 | ||||||
Regal Entertainment Group, Cl A |
650,200 | 14,330,408 | ||||||
Ruths Hospitality Group, Inc. |
181,370 | 2,892,851 | ||||||
Scholastic Corp. |
207,790 | 8,230,562 | ||||||
Sonic Automotive, Inc., Cl A |
600,170 | 10,268,909 | ||||||
Thor Industries, Inc. |
272,980 | 17,672,725 | ||||||
Tupperware Brands Corp. |
67,500 | 3,798,900 | ||||||
Wolverine World Wide, Inc. |
20,500 | 416,560 | ||||||
|
|
|||||||
153,588,917 | ||||||||
|
|
|||||||
Consumer Staples 9.6% |
||||||||
B&G Foods, Inc. |
589,200 | 28,399,440 | ||||||
Calavo Growers, Inc. |
23,600 | 1,581,200 | ||||||
Energizer Holdings, Inc. |
714,400 | 36,784,456 | ||||||
Inter Parfums, Inc. |
212,100 | 6,059,697 | ||||||
J&J Snack Foods Corp. |
40,800 | 4,866,216 | ||||||
PriceSmart, Inc. |
24,400 | 2,283,108 | ||||||
Sanderson Farms, Inc. |
66,001 | 5,718,327 | ||||||
|
|
|||||||
85,692,444 | ||||||||
|
|
|||||||
Energy 0.3% |
||||||||
Bristow Group, Inc. |
214,360 | 2,445,848 | ||||||
|
|
|||||||
Financials 24.2% |
||||||||
Alexander & Baldwin, Inc. |
307,410 | 11,109,797 | ||||||
Banco Latinoamericano de Expectaciones SA, Cl E |
51,870 | 1,374,555 | ||||||
Bank of Hawaii Corp. |
259,240 | 17,835,712 | ||||||
Cohen & Steers, Inc. |
348,900 | 14,109,516 | ||||||
Evercore Partners, Inc., Cl A |
348,620 | 15,405,518 | ||||||
Hanover Insurance Group, Inc. (The) |
307,770 | 26,043,497 | ||||||
Horace Mann Educators Corp. |
361,400 | 12,211,706 | ||||||
Medical Properties Trust, Inc., REIT |
1,728,530 | 26,290,941 | ||||||
Monmouth Real Estate Investment Corp., REIT |
59,650 | 790,959 | ||||||
Oppenheimer Holdings, Inc., Cl A |
13,010 | 201,135 | ||||||
Outfront Media, Inc., REIT |
810,495 | 19,589,664 | ||||||
Parkway Properties, Inc., REIT |
615,750 | 10,301,498 | ||||||
Post Properties, Inc., REIT |
122,804 | 7,497,184 |
See Notes to Schedules of Portfolio Investments.
Primerica, Inc. |
376,900 | 21,573,756 | ||||||
Tanger Factory Outlet Centers, Inc., REIT |
321,800 | 12,929,924 | ||||||
Trust Co Bank Corp. NY |
218,450 | 1,400,265 | ||||||
UMB Financial Corp. |
305,950 | 16,279,599 | ||||||
|
|
|||||||
214,945,226 | ||||||||
|
|
|||||||
Health Care 5.1% |
||||||||
Ensign Group, Inc. (The) |
149,040 | 3,131,330 | ||||||
Hill-Rom Holdings, Inc. |
475,130 | 23,970,309 | ||||||
Landauer, Inc. |
237,840 | 9,789,494 | ||||||
Phibro Animal Health Corp., Cl A |
464,000 | 8,658,240 | ||||||
|
|
|||||||
45,549,373 | ||||||||
|
|
|||||||
Industrials 27.5% |
||||||||
AAR Corp. |
295,870 | 6,905,606 | ||||||
ABM Industries, Inc. |
416,227 | 15,183,961 | ||||||
Advanced Drainage Systems, Inc. |
11,200 | 306,544 | ||||||
Badger Meter, Inc. |
178,391 | 13,027,895 | ||||||
BWX Technologies, Inc. |
159,400 | 5,701,738 | ||||||
China Yuchai International Ltd. |
63,590 | 688,044 | ||||||
CLARCOR, Inc. |
334,550 | 20,350,676 | ||||||
Covanta Holding Corp. |
1,081,200 | 17,785,740 | ||||||
Cubic Corp. |
298,100 | 11,971,696 | ||||||
EMCOR Group, Inc. |
295,540 | 14,558,300 | ||||||
Forward Air Corp. |
393,100 | 17,504,743 | ||||||
Granite Construction, Inc. |
46,340 | 2,110,787 | ||||||
Herman Miller, Inc. |
633,180 | 18,925,750 | ||||||
Interface, Inc. |
141,361 | 2,155,755 | ||||||
ITT, Inc. |
135,757 | 4,341,509 | ||||||
Kelly Services, Inc., Cl A |
823,310 | 15,618,191 | ||||||
Kforce, Inc. |
326,400 | 5,512,896 | ||||||
Knoll, Inc. |
513,300 | 12,462,924 | ||||||
Luxfer Holdings PLC ADR |
165,710 | 1,993,491 | ||||||
MSA Safety, Inc. |
153,702 | 8,073,966 | ||||||
Mueller Water Products, Inc., Cl A |
1,685,830 | 19,252,179 | ||||||
Multi-Color Corp. |
109,900 | 6,967,660 | ||||||
NN, Inc. |
127,000 | 1,776,730 | ||||||
Sun Hydraulics Corp. |
27,020 | 802,224 | ||||||
Tennant Co. |
35,380 | 1,905,921 | ||||||
Tetra Tech, Inc. |
407,500 | 12,528,587 | ||||||
Viad Corp. |
202,590 | 6,280,290 | ||||||
|
|
|||||||
244,693,803 | ||||||||
|
|
|||||||
Information Technology 7.9% |
||||||||
Black Box Corp. |
47,400 | 619,992 | ||||||
Daktronics, Inc. |
600,250 | 3,751,563 | ||||||
Fair Isaac Corp. |
402,750 | 45,514,777 | ||||||
Plantronics, Inc. |
460,560 | 20,264,640 | ||||||
|
|
|||||||
70,150,972 | ||||||||
|
|
|||||||
Materials 3.3% |
||||||||
A. Schulman, Inc. |
9,200 | 224,664 | ||||||
Carpenter Technology Corp. |
205,600 | 6,770,408 | ||||||
Haynes International, Inc. |
101,330 | 3,250,666 | ||||||
Hecla Mining Co. |
3,797,440 | 19,366,944 | ||||||
|
|
|||||||
29,612,682 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Utilities 3.7% |
||||||||
ALLETE, Inc. |
175,740 | 11,358,076 | ||||||
California Water Service Group |
333,890 | 11,662,778 | ||||||
NorthWestern Corp. |
147,700 | 9,315,439 | ||||||
|
|
|||||||
32,336,293 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $698,857,180) |
879,015,558 | |||||||
|
|
|||||||
Money Market Fund 1.8% |
||||||||
State Street Institutional Liquid Reserves Fund, Premier Class, 0.47%(a) |
16,219,609 | 16,219,609 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $16,219,609) |
16,219,609 | |||||||
|
|
|||||||
Total Investments |
895,235,167 | |||||||
Liabilities in Excess of Other Assets (0.7)% |
(5,928,405 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 889,306,762 | ||||||
|
|
(a) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
ADR | American Depositary Receipt |
REIT | Real Estate Investment Trust |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Aggressive Growth Allocation Strategy | ||||||||
Shares | Value($) | |||||||
Equity Funds 66.6% |
||||||||
RidgeWorth International Equity Fund(a) |
34,412 | 328,637 | ||||||
RidgeWorth Large Cap Growth Stock Fund(a) |
207,119 | 1,897,206 | ||||||
RidgeWorth Large Cap Value Equity Fund(a) |
93,324 | 1,438,121 | ||||||
RidgeWorth Mid-Cap Value Equity Fund(a) |
42,787 | 539,976 | ||||||
RidgeWorth Small Cap Growth Stock Fund(a) |
14,395 | 130,560 | ||||||
RidgeWorth Small Cap Value Equity Fund(b) |
11,585 | 139,014 | ||||||
|
|
|||||||
Total Equity Funds (Cost $3,472,003) |
4,473,514 | |||||||
|
|
|||||||
Fixed Income Funds 7.0% |
||||||||
RidgeWorth Seix Core Bond Fund(a) |
28 | 315 | ||||||
RidgeWorth Seix Corporate Bond Fund(b) |
2,909 | 25,631 | ||||||
RidgeWorth Seix Floating Rate High Income Fund(a) |
1,020 | 8,673 | ||||||
RidgeWorth Seix High Income Fund(a) |
1,504 | 9,292 | ||||||
RidgeWorth Seix High Yield Fund(b) |
1,126 | 9,075 | ||||||
RidgeWorth Seix Total Return Bond Fund(a) |
32,849 | 358,056 | ||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund(b) |
5,783 | 58,007 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $455,013) |
469,049 | |||||||
Exchange Traded Funds 23.9% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
397 | 30,986 | ||||||
Consumer Staples Select Sector SPDR Fund |
479 | 26,417 | ||||||
Energy Select Sector SPDR Fund |
271 | 18,493 | ||||||
Financial Select Sector SPDR Fund |
1,734 | 39,587 | ||||||
Health Care Select Sector SPDR Fund |
514 | 36,864 | ||||||
Industrial Select Sector SPDR Fund |
454 | 25,406 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
87 | 12,084 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
82 | 9,567 | ||||||
iShares Core S&P 500 Fund |
310 | 65,317 | ||||||
iShares Core U.S. Aggregate Bond Fund |
4,638 | 522,100 | ||||||
iShares Currency Hedged MSCI EAFE Fund |
19,437 | 466,099 | ||||||
iShares Currency Hedged MSCI Emerging Markets Fund |
82 | 1,702 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
78 | 6,419 | ||||||
iShares MSCI EAFE Fund |
32 | 1,786 | ||||||
iShares MSCI Emerging Markets Index Fund |
61 | 2,096 | ||||||
iShares Russell 2000 Index Fund |
147 | 16,900 | ||||||
iShares U.S. Telecommunications Fund |
216 | 7,193 | ||||||
Materials Select Sector SPDR Fund |
152 | 7,044 | ||||||
Technology Select Sector SPDR Fund |
1,148 | 49,777 | ||||||
Utilities Select Sector SPDR Fund |
174 | 9,130 | ||||||
VanEck Vectors Gold Miners Fund |
8,998 | 249,245 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $1,455,502) |
1,604,212 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 2.3% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(c) |
157,114 | 157,114 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $157,114) |
157,114 | |||||||
|
|
|||||||
Total Investments |
6,703,889 | |||||||
Other Assets in Excess of Liabilities 0.2% |
15,097 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 6,718,986 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds IS Shares. |
(b) | Affiliated investments. Investments are in each Funds I Shares. |
(c) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
EAFE | Europe, Australasia and Far East |
MSCI | Morgan Stanley Capital International |
SPDR | Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Conservative Allocation Strategy | ||||||||
Shares | Value($) | |||||||
Equity Funds 26.9% |
||||||||
RidgeWorth International Equity Fund(a) |
128,965 | 1,231,618 | ||||||
RidgeWorth Large Cap Growth Stock Fund(a) |
788,361 | 7,221,391 | ||||||
RidgeWorth Large Cap Value Equity Fund(a) |
356,955 | 5,500,679 | ||||||
RidgeWorth Mid-Cap Value Equity Fund(a) |
160,428 | 2,024,598 | ||||||
RidgeWorth Small Cap Growth Stock Fund(a) |
53,874 | 488,638 | ||||||
RidgeWorth Small Cap Value Equity Fund(b) |
43,405 | 520,866 | ||||||
|
|
|||||||
Total Equity Funds (Cost $15,755,260) |
16,987,790 | |||||||
|
|
|||||||
Fixed Income Funds 36.5% |
||||||||
RidgeWorth Seix Core Bond Fund(a) |
791 | 8,776 | ||||||
RidgeWorth Seix Corporate Bond Fund(b) |
123,837 | 1,091,001 | ||||||
RidgeWorth Seix Floating Rate High Income Fund(a) |
41,502 | 352,770 | ||||||
RidgeWorth Seix High Income Fund(a) |
60,784 | 375,647 | ||||||
RidgeWorth Seix High Yield Fund(b) |
45,513 | 366,836 | ||||||
RidgeWorth Seix Total Return Bond Fund(a) |
1,675,554 | 18,263,538 | ||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund(b) |
258,387 | 2,591,620 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $22,377,001) |
23,050,188 | |||||||
|
|
|||||||
Exchange Traded Funds 36.1% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
1,287 | 100,450 | ||||||
Consumer Staples Select Sector SPDR Fund |
1,551 | 85,538 | ||||||
Energy Select Sector SPDR Fund |
877 | 59,846 | ||||||
Financial Select Sector SPDR Fund |
5,615 | 128,190 | ||||||
Health Care Select Sector SPDR Fund |
1,665 | 119,414 | ||||||
Industrial Select Sector SPDR Fund |
1,469 | 82,205 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
3,927 | 545,460 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
3,694 | 430,979 | ||||||
iShares Core S&P 500 Fund |
758 | 159,711 | ||||||
iShares Core U.S. Aggregate Bond Fund |
160,428 | 18,059,380 | ||||||
iShares Currency Hedged MSCI EAFE Fund |
73,045 | 1,751,619 | ||||||
iShares Currency Hedged MSCI Emerging Markets Fund |
277 | 5,751 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
300 | 24,690 | ||||||
iShares MSCI EAFE Fund |
122 | 6,809 | ||||||
iShares MSCI Emerging Markets Index Fund |
195 | 6,700 | ||||||
iShares Russell 2000 Index Fund |
560 | 64,383 | ||||||
iShares US Telecommunications Fund |
699 | 23,277 | ||||||
Materials Select Sector SPDR Fund |
492 | 22,799 | ||||||
Technology Select Sector SPDR Fund |
3,718 | 161,213 | ||||||
Utilities Select Sector SPDR Fund |
564 | 29,593 | ||||||
VanEck Vectors Gold Miners Fund |
33,698 | 933,435 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $21,644,870) |
22,801,442 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.8% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(c) |
484,001 | 484,001 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $484,001) |
484,001 | |||||||
|
|
|||||||
Total Investments |
63,323,421 | |||||||
Liabilities in Excess of Other Assets (0.3)% |
(168,655 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 63,154,766 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds IS Shares. |
(b) | Affiliated investments. Investments are in each Funds I Shares. |
(c) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
EAFE | Europe, Australasia and Far East |
MSCI | Morgan Stanley Capital International |
SPDR | Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Growth Allocation Strategy | ||||||||
Shares | Value($) | |||||||
Equity Funds 59.6% |
||||||||
RidgeWorth International Equity Fund(a) |
186,252 | 1,778,703 | ||||||
RidgeWorth Large Cap Growth Stock Fund(a) |
1,133,134 | 10,379,512 | ||||||
RidgeWorth Large Cap Value Equity Fund(a) |
511,568 | 7,883,259 | ||||||
RidgeWorth Mid-Cap Value Equity Fund(a) |
232,138 | 2,929,578 | ||||||
RidgeWorth Small Cap Growth Stock Fund(a) |
77,248 | 700,641 | ||||||
RidgeWorth Small Cap Value Equity Fund(b) |
62,621 | 751,457 | ||||||
|
|
|||||||
Total Equity Funds (Cost $19,886,778) |
24,423,150 | |||||||
|
|
|||||||
Fixed Income Funds 14.4% |
||||||||
RidgeWorth Seix Core Bond Fund(a) |
260 | 2,882 | ||||||
RidgeWorth Seix Corporate Bond Fund(b) |
31,470 | 277,254 | ||||||
RidgeWorth Seix Floating Rate High Income Fund(a) |
10,525 | 89,467 | ||||||
RidgeWorth Seix High Income Fund(a) |
15,519 | 95,907 | ||||||
RidgeWorth Seix High Yield Fund(b) |
11,475 | 92,489 | ||||||
RidgeWorth Seix Total Return Bond Fund(a) |
431,633 | 4,704,800 | ||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund(b) |
65,447 | 656,431 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $5,435,819) |
5,919,230 | |||||||
|
|
|||||||
Exchange Traded Funds 25.3% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
2,057 | 160,549 | ||||||
Consumer Staples Select Sector SPDR Fund |
2,479 | 136,717 | ||||||
Energy Select Sector SPDR Fund |
1,402 | 95,672 | ||||||
Financial Select Sector SPDR Fund |
8,974 | 204,876 | ||||||
Health Care Select Sector SPDR Fund |
2,661 | 190,847 | ||||||
Industrial Select Sector SPDR Fund |
2,349 | 131,450 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
995 | 138,205 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
934 | 108,970 | ||||||
iShares Core S&P 500 Fund |
1,214 | 255,790 | ||||||
iShares Core U.S. Aggregate Bond Fund |
40,016 | 4,504,601 | ||||||
iShares Currency Hedged MSCI EAFE Fund |
105,718 | 2,535,118 | ||||||
iShares Currency Hedged MSCI Emerging Markets Fund |
492 | 10,214 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
436 | 35,883 | ||||||
iShares MSCI EAFE Fund |
183 | 10,213 | ||||||
iShares MSCI Emerging Markets Index Fund |
296 | 10,171 | ||||||
iShares Russell 2000 Index Fund |
891 | 102,438 | ||||||
iShares U.S. Telecommunications Fund |
1,118 | 37,229 | ||||||
Materials Select Sector SPDR Fund |
787 | 36,470 | ||||||
Technology Select Sector SPDR Fund |
5,942 | 257,645 | ||||||
Utilities Select Sector SPDR Fund |
902 | 47,328 | ||||||
VanEck Vectors Gold Miners Fund |
48,850 | 1,353,145 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $9,408,310) |
10,363,531 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.8% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(c) |
315,968 | 315,968 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $315,968) |
315,968 | |||||||
|
|
|||||||
Total Investments |
41,021,879 | |||||||
Liabilities in Excess of Other Assets (0.1)% |
(55,957 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 40,965,922 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds IS Shares. |
(b) | Affiliated investments. Investments are in each Funds I Shares. |
(c) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
EAFE | Europe, Australasia and Far East |
MSCI | Morgan Stanley Capital International |
SPDR | Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Moderate Allocation Strategy | ||||||||
Shares | Value($) | |||||||
Equity Funds 43.5% |
||||||||
RidgeWorth International Equity Fund(a) |
191,978 | 1,833,386 | ||||||
RidgeWorth Large Cap Growth Stock Fund(a) |
1,172,911 | 10,743,862 | ||||||
RidgeWorth Large Cap Value Equity Fund(a) |
530,979 | 8,182,394 | ||||||
RidgeWorth Mid-Cap Value Equity Fund(a) |
238,902 | 3,014,941 | ||||||
RidgeWorth Small Cap Growth Stock Fund(a) |
80,450 | 729,682 | ||||||
RidgeWorth Small Cap Value Equity Fund(b) |
64,689 | 776,267 | ||||||
|
|
|||||||
Total Equity Funds (Cost $19,527,850) |
25,280,532 | |||||||
|
|
|||||||
Fixed Income Funds 25.2% |
||||||||
RidgeWorth Seix Core Bond Fund(a) |
498 | 5,518 | ||||||
RidgeWorth Seix Corporate Bond Fund(b) |
78,835 | 694,536 | ||||||
RidgeWorth Seix Floating Rate High Income Fund(a) |
26,431 | 224,665 | ||||||
RidgeWorth Seix High Income Fund(a) |
38,681 | 239,047 | ||||||
RidgeWorth Seix High Yield Fund(b) |
28,966 | 233,463 | ||||||
RidgeWorth Seix Total Return Bond Fund(a) |
1,065,794 | 11,617,152 | ||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund(b) |
164,437 | 1,649,299 | ||||||
|
|
|||||||
Total Fixed Income Funds (Cost $13,446,085) |
14,663,680 | |||||||
|
|
|||||||
Exchange Traded Funds 30.5% |
||||||||
Consumer Discretionary Select Sector SPDR Fund |
1,967 | 153,524 | ||||||
Consumer Staples Select Sector SPDR Fund |
2,371 | 130,761 | ||||||
Energy Select Sector SPDR Fund |
1,341 | 91,510 | ||||||
Financial Select Sector SPDR Fund |
8,582 | 195,927 | ||||||
Health Care Select Sector SPDR Fund |
2,545 | 182,527 | ||||||
Industrial Select Sector SPDR Fund |
2,245 | 125,630 | ||||||
iShares Barclays 20+ Year Treasury Bond Fund |
2,497 | 346,833 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund |
2,351 | 274,291 | ||||||
iShares Core S&P 500 Fund |
1,041 | 219,339 | ||||||
iShares Core U.S. Aggregate Bond Fund |
102,058 | 11,488,669 | ||||||
iShares Currency Hedged MSCI EAFE Fund |
108,718 | 2,607,058 | ||||||
iShares Currency Hedged MSCI Emerging Markets Fund |
430 | 8,927 | ||||||
iShares Dow Jones U.S. Real Estate Index Fund |
436 | 35,883 | ||||||
iShares MSCI EAFE Fund |
178 | 9,934 | ||||||
iShares MSCI Emerging Markets Index Fund |
331 | 11,373 | ||||||
iShares Russell 2000 Index Fund |
813 | 93,470 | ||||||
iShares U.S. Telecommunications Fund |
1,069 | 35,598 | ||||||
Materials Select Sector SPDR Fund |
753 | 34,894 | ||||||
Technology Select Sector SPDR Fund |
5,683 | 246,415 | ||||||
Utilities Select Sector SPDR Fund |
863 | 45,282 | ||||||
VanEck Vectors Gold Miners Fund |
50,191 | 1,390,291 | ||||||
|
|
|||||||
Total Exchange Traded Funds (Cost $16,408,521) |
17,728,136 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Money Market Fund 0.9% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(c) |
507,222 | 507,222 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $507,222) |
507,222 | |||||||
|
|
|||||||
Total Investments |
58,179,570 | |||||||
Liabilities in Excess of Other Assets (0.1)% |
(59,081 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 58,120,489 | ||||||
|
|
(a) | Affiliated investments. Investments are in each Funds IS Shares. |
(b) | Affiliated investments. Investments are in each Funds I Shares. |
(c) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
EAFE | Europe, Australasia and Far East |
MSCI | Morgan Stanley Capital International |
SPDR | Standard & Poors Depositary Receipt |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited)
|
||||||||
Seix Core Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 3.5% |
||||||||
Automobiles 0.3% |
||||||||
Ford Credit Auto Owner Trust, Series 2016-1, Cl A, 2.310%, 08/15/27(a) |
845,000 | 862,665 | ||||||
|
|
|||||||
Credit Card 1.5% |
||||||||
American Express Issuance Trust II, Series 2013-1, Cl A, 0.722%, 02/15/19(b) |
380,000 | 379,733 | ||||||
Barclays Dryrock Issuance Trust, Series 2014-3, Cl A, 2.410%, 07/15/22 |
2,125,000 | 2,186,176 | ||||||
Cabelas Credit Card Master Note Trust, Series 2014-2, Cl A, 0.892%, 07/15/22(b) |
953,000 | 943,953 | ||||||
Capital One Multi-Asset Execution Trust, Series 2005-B3, Cl B3, 1.178%, 05/15/28(b) |
396,000 | 369,536 | ||||||
|
|
|||||||
3,879,398 | ||||||||
|
|
|||||||
Other 1.7% |
||||||||
DB Master Finance LLC, Series 2015-1A, Cl A2II, 3.980%, 02/20/45(a) |
1,150,438 | 1,181,385 | ||||||
Dominos Pizza Master Issuer LLC, Series 2012-1A, Cl A2, 5.216%, 01/25/42(a) |
1,144,843 | 1,178,272 | ||||||
Ohio Phase-In-Recovery Funding LLC, Series 2013-1, Cl A2, 2.049%, 07/01/20 |
685,000 | 694,877 | ||||||
Taco Bell Funding LLC, Series 2016-1A, Cl A2I, 3.832%, 05/25/46(a) |
1,205,000 | 1,219,701 | ||||||
|
|
|||||||
4,274,235 | ||||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $8,860,340) |
9,016,298 | |||||||
|
|
|||||||
Collateralized Mortgage Obligations 5.1% |
||||||||
Commercial Mortgage Backed Securities 5.1% |
||||||||
Federal National Mortgage Association |
||||||||
Series 2006-M2, Cl A2A, 5.271%, 10/25/32(b) |
700,746 | 779,195 | ||||||
|
|
|||||||
FREMF Mortgage Trust |
||||||||
Series 2011-K10, Cl B, 4.790%, 11/25/49(a)(b) |
605,000 | 657,854 | ||||||
Series 2012-K21, Cl B, 4.071%, 07/25/45(a)(b) |
490,000 | 521,678 | ||||||
Series 2016-K52, Cl B, 4.055%, 01/25/49(a)(b) |
745,000 | 725,100 | ||||||
|
|
|||||||
1,904,632 | ||||||||
|
|
|||||||
GS Mortgage Securities Corp. II |
||||||||
Series 2012-ALOH, Cl A, 3.551%, 04/10/34(a) |
980,000 | 1,060,341 | ||||||
Series 2012-BWTR, Cl B, 3.255%, 11/05/34(a) |
1,195,000 | 1,221,352 | ||||||
|
|
|||||||
2,281,693 | ||||||||
|
|
|||||||
GS Mortgage Securities Trust |
||||||||
Series 2010-C1, Cl A2, 4.592%, 08/10/43(a) |
1,011,000 | 1,117,741 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2012-HSBC, Cl B, 3.722%, 07/05/32(a) |
380,000 | 394,081 | ||||||
|
|
|||||||
Madison Avenue Trust |
||||||||
Series 2013-650M, Cl B, 4.169%, 10/12/32(a)(b) |
1,815,000 | 1,938,811 | ||||||
|
|
|||||||
Morgan Stanley Capital I Trust |
||||||||
Series 2014-CPT, Cl A, 3.350%, 07/13/29(a) |
2,285,000 | 2,428,408 | ||||||
|
|
|||||||
VNDO Mortgage Trust |
||||||||
Series 2013-PENN, Cl B, 3.947%, 12/13/29(a)(b) |
1,125,000 | 1,185,114 | ||||||
|
|
|||||||
Wells Fargo Commercial Mortgage Trust |
||||||||
Series 2013-BTC, Cl A, 3.544%, 04/16/35(a) |
510,000 | 548,121 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
WFRBS Commercial Mortgage Trust |
||||||||
Series 2012-C6, Cl AS, 3.835%, 04/15/45 |
638,000 | 688,470 | ||||||
|
|
|||||||
13,266,266 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $12,932,344) |
|
13,266,266 | ||||||
|
|
|||||||
Corporate Bonds 28.8% |
||||||||
Agriculture 0.5% |
||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(a) |
1,187,000 | 1,205,356 | ||||||
|
|
|||||||
Airlines 0.3% |
||||||||
Southwest Airlines Co., 2.650%, 11/05/20 |
415,000 | 428,346 | ||||||
United Airlines Pass Through Trust, Series 2016-1, Cl A, 3.450%, 07/07/28 |
379,000 | 388,475 | ||||||
|
|
|||||||
816,821 | ||||||||
|
|
|||||||
Auto Manufacturers 1.6% |
||||||||
BMW U.S. Capital LLC, 2.800%, 04/11/26(a)(c) |
806,000 | 826,725 | ||||||
Daimler Finance North America LLC, 2.250%, 03/02/20(a) |
564,000 | 574,486 | ||||||
Ford Motor Credit Co. LLC, 3.336%, 03/18/21 |
1,153,000 | 1,195,807 | ||||||
General Motors Co., 5.200%, 04/01/45 |
835,000 | 827,257 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(a) |
742,000 | 746,845 | ||||||
|
|
|||||||
4,171,120 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.5% |
||||||||
Delphi Automotive PLC, 4.250%, 01/15/26 |
482,000 | 526,747 | ||||||
Magna International, Inc., 4.150%, 10/01/25 |
811,000 | 891,103 | ||||||
|
|
|||||||
1,417,850 | ||||||||
|
|
|||||||
Banks 5.8% |
||||||||
Bank of America Corp., 1.700%, 08/25/17, MTN |
644,000 | 646,410 | ||||||
Bank of America Corp., 4.450%, 03/03/26, MTN |
450,000 | 470,671 | ||||||
Bank of America NA, 1.750%, 06/05/18 |
498,000 | 501,321 | ||||||
Citigroup, Inc., 2.500%, 09/26/18 |
1,039,000 | 1,059,593 | ||||||
Cooperatieve Rabobank UA, 2.500%, 01/19/21, MTN |
479,000 | 490,983 | ||||||
Credit Suisse Group Funding Guernsey Ltd., 3.800%, 09/15/22 |
877,000 | 880,790 | ||||||
Fifth Third Bank, 2.250%, 06/14/21 |
715,000 | 726,152 | ||||||
Fifth Third Bank, 3.850%, 03/15/26 |
980,000 | 1,029,160 | ||||||
Goldman Sachs Group, Inc. (The), 5.150%, 05/22/45 |
558,000 | 582,140 | ||||||
Huntington National Bank (The), 1.300%, 11/20/16 |
1,072,000 | 1,073,203 | ||||||
ING Bank NV, 1.800%, 03/16/18(a) |
684,000 | 687,880 | ||||||
JPMorgan Chase & Co., 2.250%, 01/23/20 |
823,000 | 834,319 | ||||||
KeyCorp, 2.900%, 09/15/20, MTN |
423,000 | 437,503 | ||||||
Lloyds Bank PLC, 2.050%, 01/22/19 |
600,000 | 598,444 | ||||||
Lloyds Banking Group PLC, 3.100%, 07/06/21 |
327,000 | 327,566 | ||||||
Morgan Stanley, 3.875%, 01/27/26, MTN |
1,714,000 | 1,819,562 | ||||||
Morgan Stanley, 3.950%, 04/23/27 |
464,000 | 469,243 | ||||||
US Bancorp, 2.350%, 01/29/21, MTN |
392,000 | 404,643 | ||||||
US Bancorp, 3.600%, 09/11/24, MTN |
639,000 | 688,313 | ||||||
US Bank NA, 1.100%, 01/30/17 |
1,229,000 | 1,229,600 | ||||||
|
|
|||||||
14,957,496 | ||||||||
|
|
|||||||
Beverages 1.1% |
||||||||
Anheuser-Busch InBev Finance, Inc., 2.650%, 02/01/21 |
337,000 | 349,474 | ||||||
Anheuser-Busch InBev Finance, Inc., 3.650%, 02/01/26 |
209,000 | 223,891 | ||||||
Anheuser-Busch InBev Finance, Inc., 4.900%, 02/01/46 |
645,000 | 755,838 | ||||||
Molson Coors Brewing Co., 4.200%, 07/15/46(d) |
479,000 | 481,048 | ||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(a) |
1,133,000 | 1,140,498 | ||||||
|
|
|||||||
2,950,749 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Biotechnology 0.3% |
| |||||||
Celgene Corp., 4.625%, 05/15/44 |
288,000 | 299,550 | ||||||
Celgene Corp., 5.000%, 08/15/45 |
422,000 | 464,765 | ||||||
|
|
|||||||
764,315 | ||||||||
|
|
|||||||
Commercial Services 0.7% |
||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(a) |
567,000 | 572,613 | ||||||
ERAC USA Finance LLC, 3.850%, 11/15/24(a) |
310,000 | 333,230 | ||||||
ERAC USA Finance LLC, 4.500%, 02/15/45(a) |
337,000 | 356,058 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(a) |
504,000 | 565,770 | ||||||
|
|
|||||||
1,827,671 | ||||||||
|
|
|||||||
Computers 0.2% |
||||||||
Diamond 1 Finance Corp./Diamond 2 Finance Corp., 8.350%, 07/15/46(a) |
460,000 | 494,550 | ||||||
|
|
|||||||
Diversified Financial Services 1.2% |
||||||||
Air Lease Corp., 2.625%, 09/04/18 |
1,276,000 | 1,275,731 | ||||||
American Express Credit Corp., 2.375%, 03/24/17, MTN |
360,000 | 363,517 | ||||||
Lazard Group LLC, 3.750%, 02/13/25 |
1,189,000 | 1,181,963 | ||||||
TD Ameritrade Holding Corp., 2.950%, 04/01/22 |
391,000 | 407,389 | ||||||
|
|
|||||||
3,228,600 | ||||||||
|
|
|||||||
Electric 0.7% |
||||||||
Berkshire Hathaway Energy Co., 6.125%, 04/01/36 |
220,000 | 291,727 | ||||||
Dominion Resources, Inc., 1.950%, 08/15/16 |
322,000 | 322,309 | ||||||
Emera U.S. Finance LP, 4.750%, 06/15/46(a) |
810,000 | 822,087 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 |
291,000 | 307,474 | ||||||
|
|
|||||||
1,743,597 | ||||||||
|
|
|||||||
Electronics 0.1% |
||||||||
Fortive Corp., 4.300%, 06/15/46(a) |
202,000 | 214,645 | ||||||
|
|
|||||||
Healthcare - Products 0.4% |
||||||||
Becton Dickinson and Co., 4.685%, 12/15/44 |
211,000 | 237,708 | ||||||
Medtronic, Inc., 3.500%, 03/15/25 |
176,000 | 191,862 | ||||||
Medtronic, Inc., 4.625%, 03/15/45 |
450,000 | 529,151 | ||||||
|
|
|||||||
958,721 | ||||||||
|
|
|||||||
Healthcare - Services 0.5% |
||||||||
Aetna, Inc., 4.375%, 06/15/46 |
889,000 | 923,225 | ||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 |
405,000 | 446,937 | ||||||
|
|
|||||||
1,370,162 | ||||||||
|
|
|||||||
Insurance 0.9% |
||||||||
Chubb INA Holdings, Inc., 4.350%, 11/03/45 |
270,000 | 310,614 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(a) |
702,000 | 708,144 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(a) |
975,000 | 1,088,997 | ||||||
Reinsurance Group of America, Inc., 4.700%, 09/15/23, MTN |
259,000 | 281,643 | ||||||
|
|
|||||||
2,389,398 | ||||||||
|
|
|||||||
Media 0.5% |
||||||||
Comcast Corp., 4.650%, 07/15/42 |
1,167,000 | 1,339,151 | ||||||
|
|
|||||||
Mining 2.1% |
||||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 |
775,000 | 809,705 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(a) |
658,000 | 680,277 | ||||||
BHP Billiton Finance USA Ltd., 5.000%, 09/30/43 |
544,000 | 632,113 | ||||||
Newmont Mining Corp., 4.875%, 03/15/42 |
949,000 | 938,370 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 |
1,793,000 | 1,995,431 | ||||||
Rio Tinto Finance USA Ltd., 3.750%, 06/15/25 |
445,000 | 465,524 | ||||||
|
|
|||||||
5,521,420 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Miscellaneous Manufacturer 0.9% |
| |||||||
3M Co., 1.375%, 09/29/16, MTN |
327,000 | 327,598 | ||||||
General Electric Co., 3.450%, 05/15/24, MTN |
940,000 | 1,023,476 | ||||||
General Electric Co., 4.125%, 10/09/42 |
240,000 | 263,983 | ||||||
General Electric Co., 5.250%, 12/06/17 |
653,000 | 691,815 | ||||||
|
|
|||||||
2,306,872 | ||||||||
|
|
|||||||
Oil & Gas 3.7% |
||||||||
Apache Corp., 3.250%, 04/15/22 |
649,000 | 664,838 | ||||||
BP Capital Markets PLC, 2.248%, 11/01/16 |
471,000 | 473,007 | ||||||
ConocoPhillips Co., 5.950%, 03/15/46 |
696,000 | 865,991 | ||||||
Devon Energy Corp., 5.850%, 12/15/25(c) |
649,000 | 715,902 | ||||||
Ensco PLC, 4.500%, 10/01/24 |
262,000 | 175,540 | ||||||
Ensco PLC, 5.200%, 03/15/25 |
337,000 | 234,215 | ||||||
Ensco PLC, 5.750%, 10/01/44 |
637,000 | 382,200 | ||||||
EOG Resources, Inc., 4.150%, 01/15/26 |
938,000 | 1,026,893 | ||||||
Exxon Mobil Corp., 1.912%, 03/06/20 |
198,000 | 201,717 | ||||||
Exxon Mobil Corp., 3.043%, 03/01/26 |
783,000 | 831,165 | ||||||
Marathon Oil Corp., 3.850%, 06/01/25(c) |
648,000 | 595,337 | ||||||
Marathon Petroleum Corp., 3.625%, 09/15/24 |
96,000 | 94,272 | ||||||
Marathon Petroleum Corp., 5.000%, 09/15/54 |
363,000 | 304,072 | ||||||
Shell International Finance BV, 1.875%, 05/10/21 |
427,000 | 429,263 | ||||||
Shell International Finance BV, 2.875%, 05/10/26 |
427,000 | 433,824 | ||||||
Shell International Finance BV, 3.250%, 05/11/25 |
737,000 | 773,177 | ||||||
Woodside Finance Ltd., 3.650%, 03/05/25(a) |
642,000 | 627,115 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(a) |
590,000 | 624,363 | ||||||
|
|
|||||||
9,452,891 | ||||||||
|
|
|||||||
Oil & Gas Services 0.9% |
||||||||
FMC Technologies, Inc., 3.450%, 10/01/22 |
185,000 | 176,419 | ||||||
Schlumberger Holdings Corp., 3.000%, 12/21/20(a) |
515,000 | 537,122 | ||||||
Schlumberger Holdings Corp., 4.000%, 12/21/25(a) |
1,008,000 | 1,084,844 | ||||||
Schlumberger Investment SA, 3.300%, 09/14/21(a) |
442,000 | 468,394 | ||||||
|
|
|||||||
2,266,779 | ||||||||
|
|
|||||||
Pharmaceuticals 0.5% |
||||||||
AbbVie, Inc., 3.600%, 05/14/25 |
569,000 | 596,215 | ||||||
Express Scripts Holding Co., 2.650%, 02/15/17 |
358,000 | 361,806 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 |
215,000 | 237,309 | ||||||
|
|
|||||||
1,195,330 | ||||||||
|
|
|||||||
Pipelines 0.5% |
||||||||
EnLink Midstream Partners LP, 4.150%, 06/01/25 |
492,000 | 453,433 | ||||||
Phillips 66 Partners LP, 3.605%, 02/15/25 |
105,000 | 103,180 | ||||||
Phillips 66 Partners LP, 4.680%, 02/15/45 |
131,000 | 120,935 | ||||||
Western Gas Partners LP, 4.650%, 07/01/26(d) |
363,000 | 362,005 | ||||||
Williams Partners LP, 4.000%, 09/15/25 |
230,000 | 210,962 | ||||||
|
|
|||||||
1,250,515 | ||||||||
|
|
|||||||
Real Estate Investment Trust 1.2% |
||||||||
American Tower Corp., 3.500%, 01/31/23 |
361,000 | 373,547 | ||||||
American Tower Corp., 5.000%, 02/15/24 |
711,000 | 804,142 | ||||||
Boston Properties LP, 3.650%, 02/01/26 |
416,000 | 443,338 | ||||||
Digital Realty Trust LP, 3.950%, 07/01/22 |
730,000 | 764,692 | ||||||
Digital Realty Trust LP, 4.750%, 10/01/25 |
473,000 | 508,000 | ||||||
Simon Property Group LP, 3.300%, 01/15/26 |
306,000 | 326,880 | ||||||
|
|
|||||||
3,220,599 | ||||||||
|
|
|||||||
Retail 0.8% |
||||||||
CVS Health Corp., 5.125%, 07/20/45 |
375,000 | 465,216 | ||||||
Home Depot, Inc. (The), 2.625%, 06/01/22 |
364,000 | 380,940 | ||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 |
1,133,000 | 1,138,739 | ||||||
|
|
|||||||
1,984,895 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Semiconductors 1.0% |
||||||||
Intel Corp., 1.950%, 10/01/16 |
380,000 | 381,164 | ||||||
Intel Corp., 4.900%, 07/29/45 |
366,000 | 426,342 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(a) |
1,673,000 | 1,677,541 | ||||||
|
|
|||||||
2,485,047 | ||||||||
|
|
|||||||
Software 0.5% |
||||||||
Oracle Corp., 2.650%, 07/15/26(d) |
1,392,000 | 1,395,492 | ||||||
|
|
|||||||
Telecommunication Services 1.4% |
||||||||
AT&T, Inc., 2.375%, 11/27/18 |
532,000 | 542,926 | ||||||
AT&T, Inc., 3.950%, 01/15/25 |
168,000 | 178,575 | ||||||
AT&T, Inc., 4.350%, 06/15/45 |
208,000 | 201,545 | ||||||
AT&T, Inc., 4.750%, 05/15/46 |
400,000 | 409,949 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 |
956,000 | 1,019,733 | ||||||
Cisco Systems, Inc., 2.125%, 03/01/19 |
460,000 | 472,448 | ||||||
Verizon Communications, Inc., 4.862%, 08/21/46 |
655,000 | 715,972 | ||||||
|
|
|||||||
3,541,148 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $70,988,139) |
74,471,190 | |||||||
|
|
|||||||
U.S. Government Agency Mortgages 26.1% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #G30614, 3.500%, 12/01/32 |
897,182 | 961,511 | ||||||
Pool #C91768, 3.500%, 07/01/34 |
1,140,573 | 1,213,792 | ||||||
Pool #G01779, 5.000%, 04/01/35 |
143,828 | 160,099 | ||||||
Pool #G01837, 5.000%, 07/01/35 |
557,445 | 617,504 | ||||||
Pool #G01838, 5.000%, 07/01/35 |
31,580 | 35,159 | ||||||
Pool #G03296, 6.000%, 09/01/37 |
297,240 | 343,894 | ||||||
Pool #G05326, 5.000%, 02/01/38 |
139,645 | 155,141 | ||||||
Pool #G08347, 4.500%, 06/01/39 |
156,452 | 171,414 | ||||||
Pool #G08353, 4.500%, 07/01/39 |
199,243 | 218,353 | ||||||
Pool #G05606, 4.500%, 07/01/39 |
1,711,565 | 1,876,584 | ||||||
Pool #G06079, 6.000%, 07/01/39 |
67,795 | 77,483 | ||||||
Pool #A89148, 4.000%, 10/01/39 |
371,021 | 398,931 | ||||||
Pool #A89384, 4.000%, 10/01/39 |
66,969 | 71,971 | ||||||
Pool #G08372, 4.500%, 11/01/39 |
586,847 | 643,697 | ||||||
Pool #A93101, 5.000%, 07/01/40 |
69,681 | 77,035 | ||||||
Pool #G06061, 4.000%, 10/01/40 |
531,021 | 575,131 | ||||||
Pool #A95085, 4.000%, 11/01/40 |
361,848 | 389,019 | ||||||
Pool #A95796, 4.000%, 12/01/40 |
219,492 | 235,944 | ||||||
Pool #A95822, 4.000%, 12/01/40 |
587,545 | 639,898 | ||||||
Pool #G60126, 4.500%, 11/01/41 |
58,086 | 63,708 | ||||||
Pool #Q18522, 3.500%, 05/01/43 |
1,184,025 | 1,259,485 | ||||||
Pool #849167, 2.943%, 10/01/43(b) |
835,548 | 870,698 | ||||||
Pool #G60019, 4.500%, 03/01/44 |
1,861,115 | 2,038,647 | ||||||
Pool #Q29416, 4.000%, 11/01/44 |
258,126 | 278,120 | ||||||
Pool #Q31066, 4.000%, 02/01/45 |
208,268 | 225,344 | ||||||
Pool #Q31645, 4.000%, 02/01/45 |
160,958 | 173,506 | ||||||
Pool #Q35611, 4.000%, 09/01/45 |
1,391,957 | 1,503,391 | ||||||
Pool #Q37163, 3.500%, 11/01/45 |
718,678 | 761,218 | ||||||
Pool #Q40123, 3.500%, 04/01/46 |
671,645 | 712,437 | ||||||
Pool #Q40124, 3.500%, 04/01/46 |
860,161 | 911,213 | ||||||
|
|
|||||||
17,660,327 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #AP9592, 3.500%, 10/01/32 |
935,244 | 997,996 | ||||||
Pool #MA1630, 4.000%, 10/01/33 |
322,020 | 348,709 |
See Notes to Schedules of Portfolio Investments.
Pool #MA1763, 3.500%, 01/01/34 |
873,634 | 929,181 | ||||||
Pool #190370, 6.000%, 06/01/36 |
283,632 | 325,166 | ||||||
Pool #890248, 6.000%, 08/01/37 |
86,151 | 99,982 | ||||||
Pool #889529, 6.000%, 03/01/38 |
91,223 | 105,652 | ||||||
Pool #AE0814, 6.000%, 09/01/39 |
1,423,344 | 1,629,457 | ||||||
Pool #AC2817, 4.000%, 10/01/39 |
92,644 | 99,296 | ||||||
Pool #AX3605, 3.500%, 01/01/40 |
357,247 | 377,532 | ||||||
Pool #932441, 4.000%, 01/01/40 |
893,267 | 957,360 | ||||||
Pool #AC9564, 4.500%, 02/01/40 |
242,003 | 267,596 | ||||||
Pool #AL7497, 3.500%, 09/01/40 |
5,453,661 | 5,762,558 | ||||||
Pool #AD9725, 3.500%, 10/01/40 |
190,118 | 200,648 | ||||||
Pool #AE3860, 5.000%, 10/01/40 |
1,514,807 | 1,694,013 | ||||||
Pool #AE4414, 4.000%, 11/01/40 |
528,651 | 568,908 | ||||||
Pool #AE5143, 4.000%, 11/01/40 |
75,753 | 81,785 | ||||||
Pool #AE9284, 4.000%, 11/01/40 |
130,198 | 140,086 | ||||||
Pool #AB2071, 3.500%, 01/01/41 |
88,797 | 93,950 | ||||||
Pool #MA0639, 4.000%, 02/01/41 |
248,272 | 267,004 | ||||||
Pool #AL0215, 4.500%, 04/01/41 |
853,162 | 935,473 | ||||||
Pool #AB3274, 4.500%, 07/01/41 |
435,741 | 479,811 | ||||||
Pool #AB3865, 3.500%, 11/01/41 |
187,453 | 200,541 | ||||||
Pool #AT8263, 3.500%, 01/01/42 |
19,718 | 20,812 | ||||||
Pool #AW8154, 3.500%, 01/01/42 |
4,177,657 | 4,442,296 | ||||||
Pool #AB5188, 3.500%, 05/01/42 |
1,052,712 | 1,114,742 | ||||||
Pool #AP7874, 3.500%, 10/01/42 |
313,396 | 331,641 | ||||||
Pool #AB6903, 3.000%, 11/01/42 |
375,141 | 393,663 | ||||||
Pool #AB8726, 3.500%, 03/01/43 |
1,652,732 | 1,747,759 | ||||||
Pool #AT2720, 3.000%, 05/01/43 |
427,952 | 448,282 | ||||||
Pool #AL3657, 3.500%, 06/01/43 |
646,171 | 690,988 | ||||||
Pool #AU3742, 3.500%, 08/01/43 |
237,962 | 252,983 | ||||||
Pool #AL5162, 3.000%, 09/01/43 |
449,920 | 469,899 | ||||||
Pool #AL5939, 3.500%, 09/01/43 |
1,364,968 | 1,451,340 | ||||||
Pool #AL6223, 4.500%, 08/01/44 |
828,092 | 905,187 | ||||||
Pool #AL7378, 3.000%, 11/01/44 |
839,895 | 874,021 | ||||||
Pool #AY2685, 4.500%, 01/01/45 |
119,418 | 130,874 | ||||||
Pool #AX8835, 2.801%, 02/01/45(b) |
580,544 | 600,205 | ||||||
Pool #BC2470, 3.500%, 02/01/46 |
560,899 | 595,431 | ||||||
|
|
|||||||
31,032,827 | ||||||||
|
|
|||||||
Government National Mortgage Association |
||||||||
Pool #736663, 5.000%, 03/15/40 |
1,596,861 | 1,788,042 | ||||||
Pool #736666, 4.500%, 04/15/40 |
1,080,903 | 1,190,848 | ||||||
Pool #MA0321, 5.000%, 08/20/42 |
92,090 | 101,143 | ||||||
Pool #666413, 4.000%, 09/15/43 |
260,188 | 283,099 | ||||||
Pool #MA2681, 5.000%, 03/20/45 |
363,573 | 395,289 | ||||||
Pool #AM0226, 4.000%, 05/15/45 |
761,524 | 819,278 | ||||||
Pool #AM9875, 4.000%, 06/15/45 |
446,129 | 482,018 | ||||||
Pool #626960, 3.500%, 07/15/45 |
1,537,296 | 1,646,553 | ||||||
Pool #AN8476, 3.500%, 07/15/45 |
770,425 | 819,237 | ||||||
Pool #AM8631, 4.000%, 07/15/45 |
670,448 | 721,488 | ||||||
Pool #AN5745, 4.000%, 07/15/45 |
912,055 | 985,481 | ||||||
Pool #AN5781, 4.000%, 07/15/45 |
454,424 | 488,315 | ||||||
Pool #AN5764, 4.000%, 07/15/45 |
381,706 | 412,448 | ||||||
Pool #AN5766, 4.000%, 07/15/45 |
390,339 | 420,356 | ||||||
Pool #AN6811, 4.000%, 07/15/45 |
195,897 | 210,725 | ||||||
Pool #AO0509, 3.500%, 08/15/45 |
992,343 | 1,060,221 | ||||||
Pool #626970, 3.500%, 08/15/45 |
592,588 | 634,677 | ||||||
Pool #AO3608, 4.000%, 08/15/45 |
1,763,096 | 1,898,659 | ||||||
Pool #AB5970, 4.000%, 10/15/45 |
417,626 | 450,166 | ||||||
Pool #AB5975, 4.000%, 11/15/45 |
862,543 | 929,778 | ||||||
Pool #AO9362, 4.000%, 12/15/45 |
2,732,677 | 2,946,512 | ||||||
|
|
|||||||
18,684,333 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $65,815,662) |
|
67,377,487 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
U.S. Treasury Obligations 34.3% |
||||||||
U.S. Treasury Bond 5.3% |
||||||||
2.500%, 02/15/46(c) |
13,134,000 | 13,676,290 | ||||||
|
|
|||||||
U.S. Treasury Notes 29.0% |
||||||||
0.875%, 09/15/16 |
34,600,000 | 34,639,582 | ||||||
1.250%, 10/31/18(e) |
7,311,000 | 7,412,382 | ||||||
1.500%, 10/31/19 |
833,000 | 852,393 | ||||||
1.375%, 02/29/20 |
2,718,000 | 2,769,281 | ||||||
1.625%, 05/15/26(c) |
28,711,000 | 29,062,049 | ||||||
|
|
|||||||
74,735,687 | ||||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $86,919,962) |
88,411,977 | |||||||
|
|
|||||||
Money Market Funds 6.5% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(f) |
4,700,010 | 4,700,010 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(f)(g) |
12,096,813 | 12,096,813 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $16,796,823) |
16,796,823 | |||||||
|
|
|||||||
Total Investments |
269,340,041 | |||||||
Liabilities in Excess of Other Assets (4.3)% |
(11,218,494 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 258,121,547 | ||||||
|
|
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 12.5% of net assets as of June 30, 2016. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(c) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was 11,817,728. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(f) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(g) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviation
MTN | Medium Term Note |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Corporate Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Corporate Bonds 93.8% |
||||||||
Agriculture 1.3% |
||||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(a) |
250,000 | 253,866 | ||||||
|
|
|||||||
Airlines 1.3% |
||||||||
Southwest Airlines Co., 2.650%, 11/05/20 |
133,000 | 137,277 | ||||||
United Airlines Pass Through Trust, Series 2016-1, Cl A, 3.450%, 01/07/30, Series A |
110,000 | 112,750 | ||||||
|
|
|||||||
250,027 | ||||||||
|
|
|||||||
Auto Manufacturers 4.2% |
||||||||
BMW US Capital LLC, 2.800%, 04/11/26(a)(b) |
240,000 | 246,171 | ||||||
Ford Motor Credit Co. LLC, 3.336%, 03/18/21 |
306,000 | 317,361 | ||||||
General Motors Co., 5.200%, 04/01/45 |
267,000 | 264,524 | ||||||
|
|
|||||||
828,056 | ||||||||
|
|
|||||||
Auto Parts & Equipment 3.3% |
||||||||
Delphi Automotive PLC, 4.250%, 01/15/26 |
144,000 | 157,368 | ||||||
Lear Corp., 4.750%, 01/15/23 |
153,000 | 157,208 | ||||||
Magna International, Inc., 4.150%, 10/01/25 |
304,000 | 334,026 | ||||||
|
|
|||||||
648,602 | ||||||||
|
|
|||||||
Banks 14.1% |
||||||||
Bank of America Corp., 4.450%, 03/03/26, MTN |
233,000 | 243,703 | ||||||
Bank of America Corp., 6.300%(c)(d) |
170,000 | 180,625 | ||||||
Fifth Third Bank, 3.850%, 03/15/26 |
259,000 | 271,992 | ||||||
Goldman Sachs Group, Inc. (The), 5.150%, 05/22/45 |
212,000 | 221,171 | ||||||
ING Bank NV, 1.800%, 03/16/18(a) |
200,000 | 201,135 | ||||||
JPMorgan Chase & Co., 2.250%, 01/23/20 |
257,000 | 260,535 | ||||||
KeyCorp, 2.900%, 09/15/20, MTN |
156,000 | 161,349 | ||||||
Morgan Stanley, 2.650%, 01/27/20 |
238,000 | 241,924 | ||||||
Morgan Stanley, 3.950%, 04/23/27 |
204,000 | 206,305 | ||||||
Toronto-Dominion Bank, 2.125%, 04/07/21, MTN |
427,000 | 434,549 | ||||||
US Bancorp, 2.350%, 01/29/21, MTN |
124,000 | 127,999 | ||||||
US Bancorp, 3.600%, 09/11/24, MTN |
223,000 | 240,210 | ||||||
|
|
|||||||
2,791,497 | ||||||||
|
|
|||||||
Beverages 0.7% |
||||||||
Molson Coors Brewing Co., 4.200%, 07/15/46(e) |
146,000 | 146,624 | ||||||
|
|
|||||||
Biotechnology 0.8% |
||||||||
Celgene Corp., 4.625%, 05/15/44 |
76,000 | 79,048 | ||||||
Celgene Corp., 5.000%, 08/15/45 |
78,000 | 85,904 | ||||||
|
|
|||||||
164,952 | ||||||||
|
|
|||||||
Commercial Services 2.9% |
||||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(a) |
215,000 | 217,128 | ||||||
ERAC USA Finance LLC, 4.500%, 02/15/45(a) |
82,000 | 86,637 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(a) |
251,000 | 281,763 | ||||||
|
|
|||||||
585,528 | ||||||||
|
|
|||||||
Computers 0.8% |
||||||||
Diamond 1 Finance Corp. / Diamond 2 Finance Corp., 8.350%, 07/15/46(a) |
140,000 | 150,515 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Diversified Financial Services 5.3% |
||||||||
AerCap Ireland Capital Ltd. / AerCap Global Aviation Trust, 3.950%, 02/01/22 |
186,000 | 186,000 | ||||||
Air Lease Corp., 2.625%, 09/04/18 |
348,000 | 347,927 | ||||||
Lazard Group LLC, 3.750%, 02/13/25(f) |
401,000 | 398,627 | ||||||
TD Ameritrade Holding Corp., 2.950%, 04/01/22 |
115,000 | 119,820 | ||||||
|
|
|||||||
1,052,374 | ||||||||
|
|
|||||||
Electric 3.8% |
||||||||
Berkshire Hathaway Energy Co., 6.125%, 04/01/36 |
104,000 | 137,907 | ||||||
Emera US Finance LP, 4.750%, 06/15/46(a) |
234,000 | 237,492 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 |
170,000 | 179,624 | ||||||
FirstEnergy Transmission LLC, 5.450%, 07/15/44(a) |
184,000 | 200,473 | ||||||
|
|
|||||||
755,496 | ||||||||
|
|
|||||||
Electronics 0.4% |
||||||||
Fortive Corp., 4.300%, 06/15/46(a) |
67,000 | 71,194 | ||||||
|
|
|||||||
Healthcare - Products 1.6% |
||||||||
Becton Dickinson and Co., 4.685%, 12/15/44 |
65,000 | 73,228 | ||||||
Medtronic, Inc., 3.500%, 03/15/25 |
63,000 | 68,678 | ||||||
Medtronic, Inc., 4.625%, 03/15/45 |
145,000 | 170,504 | ||||||
|
|
|||||||
312,410 | ||||||||
|
|
|||||||
Healthcare - Services 2.3% |
||||||||
Aetna, Inc., 4.375%, 06/15/46 |
228,000 | 236,778 | ||||||
Roche Holdings, Inc., 2.250%, 09/30/19(a) |
216,000 | 222,272 | ||||||
|
|
|||||||
459,050 | ||||||||
|
|
|||||||
Insurance 1.0% |
||||||||
Chubb INA Holdings, Inc., 4.350%, 11/03/45 |
86,000 | 98,936 | ||||||
Reinsurance Group of America, Inc., 4.700%, 09/15/23, MTN |
92,000 | 100,043 | ||||||
|
|
|||||||
198,979 | ||||||||
|
|
|||||||
Media 0.6% |
||||||||
Comcast Corp., 4.650%, 07/15/42 |
105,000 | 120,489 | ||||||
|
|
|||||||
Mining 5.3% |
||||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 |
217,000 | 226,718 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(a) |
219,000 | 226,414 | ||||||
BHP Billiton Finance USA Ltd., 5.000%, 09/30/43 |
202,000 | 234,718 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 |
202,000 | 224,806 | ||||||
Rio Tinto Finance USA Ltd., 3.750%, 06/15/25 |
131,000 | 137,042 | ||||||
|
|
|||||||
1,049,698 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 4.8% |
||||||||
General Electric Co., 3.450%, 05/15/24, MTN |
285,000 | 310,309 | ||||||
General Electric Co., 4.125%, 10/09/42 |
127,000 | 139,691 | ||||||
General Electric Co., 5.250%, 12/06/17 |
471,000 | 498,997 | ||||||
|
|
|||||||
948,997 | ||||||||
|
|
|||||||
Oil & Gas 15.6% |
||||||||
Apache Corp., 3.250%, 04/15/22 |
200,000 | 204,881 | ||||||
ConocoPhillips Co., 5.950%, 03/15/46 |
206,000 | 256,313 | ||||||
Devon Energy Corp., 5.850%, 12/15/25(b) |
198,000 | 218,411 | ||||||
Ensco PLC, 4.500%, 10/01/24 |
161,000 | 107,870 | ||||||
Ensco PLC, 5.200%, 03/15/25 |
387,000 | 268,965 | ||||||
Ensco PLC, 5.750%, 10/01/44 |
142,000 | 85,200 | ||||||
EOG Resources, Inc., 4.150%, 01/15/26 |
290,000 | 317,483 | ||||||
Exxon Mobil Corp., 3.043%, 03/01/26 |
247,000 | 262,194 | ||||||
Marathon Oil Corp., 3.850%, 06/01/25(b) |
199,000 | 182,827 | ||||||
Marathon Petroleum Corp., 3.625%, 09/15/24 |
30,000 | 29,460 | ||||||
Marathon Petroleum Corp., 5.000%, 09/15/54 |
240,000 | 201,039 |
See Notes to Schedules of Portfolio Investments.
Shell International Finance BV, 1.875%, 05/10/21 |
142,000 | 142,753 | ||||||
Shell International Finance BV, 2.875%, 05/10/26 |
134,000 | 136,142 | ||||||
Shell International Finance BV, 3.250%, 05/11/25 |
275,000 | 288,499 | ||||||
Woodside Finance Ltd., 3.650%, 03/05/25(a) |
96,000 | 93,774 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(a)(f) |
277,000 | 293,133 | ||||||
|
|
|||||||
3,088,944 | ||||||||
|
|
|||||||
Oil & Gas Services 2.8% |
||||||||
FMC Technologies, Inc., 3.450%, 10/01/22 |
55,000 | 52,449 | ||||||
Schlumberger Holdings Corp., 3.000%, 12/21/20(a) |
162,000 | 168,959 | ||||||
Schlumberger Holdings Corp., 4.000%, 12/21/25(a) |
313,000 | 336,861 | ||||||
|
|
|||||||
558,269 | ||||||||
|
|
|||||||
Pharmaceuticals 2.7% |
||||||||
AbbVie, Inc., 3.600%, 05/14/25 |
211,000 | 221,092 | ||||||
Express Scripts Holding Co., 2.650%, 02/15/17 |
313,000 | 316,328 | ||||||
|
|
|||||||
537,420 | ||||||||
|
|
|||||||
Pipelines 3.3% |
||||||||
EnLink Midstream Partners LP, 4.150%, 06/01/25 |
150,000 | 138,242 | ||||||
NuStar Logistics LP, 4.800%, 09/01/20(f) |
300,000 | 291,000 | ||||||
Phillips 66 Partners LP, 3.605%, 02/15/25 |
34,000 | 33,410 | ||||||
Phillips 66 Partners LP, 4.680%, 02/15/45 |
29,000 | 26,772 | ||||||
Western Gas Partners LP, 4.650%, 07/01/26(e) |
111,000 | 110,696 | ||||||
Williams Partners LP, 4.000%, 09/15/25 |
70,000 | 64,206 | ||||||
|
|
|||||||
664,326 | ||||||||
|
|
|||||||
Real Estate Investment Trust 5.5% |
||||||||
American Tower Corp., 3.500%, 01/31/23 |
214,000 | 221,438 | ||||||
American Tower Corp., 5.000%, 02/15/24 |
243,000 | 274,834 | ||||||
Boston Properties LP, 3.650%, 02/01/26 |
129,000 | 137,477 | ||||||
Digital Realty Trust LP, 3.950%, 07/01/22 |
220,000 | 230,455 | ||||||
Digital Realty Trust LP, 4.750%, 10/01/25 |
123,000 | 132,101 | ||||||
Simon Property Group LP, 3.300%, 01/15/26 |
95,000 | 101,482 | ||||||
|
|
|||||||
1,097,787 | ||||||||
|
|
|||||||
Retail 1.5% |
||||||||
CVS Health Corp., 5.125%, 07/20/45 |
125,000 | 155,072 | ||||||
Home Depot, Inc. (The), 2.625%, 06/01/22 |
138,000 | 144,422 | ||||||
|
|
|||||||
299,494 | ||||||||
|
|
|||||||
Semiconductors 1.0% |
||||||||
TSMC Global Ltd., 1.625%, 04/03/18(a)(f) |
200,000 | 200,543 | ||||||
|
|
|||||||
Software 2.8% |
||||||||
Microsoft Corp., 2.000%, 11/03/20 |
134,000 | 137,420 | ||||||
Oracle Corp., 2.650%, 07/15/26(e) |
424,000 | 425,064 | ||||||
|
|
|||||||
562,484 | ||||||||
|
|
|||||||
Telecommunication Services 4.1% |
||||||||
AT&T, Inc., 3.950%, 01/15/25 |
60,000 | 63,777 | ||||||
AT&T, Inc., 4.350%, 06/15/45 |
42,000 | 40,697 | ||||||
AT&T, Inc., 4.750%, 05/15/46 |
188,000 | 192,676 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 |
286,000 | 305,066 | ||||||
Verizon Communications, Inc., 4.862%, 08/21/46 |
200,000 | 218,617 | ||||||
|
|
|||||||
820,833 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $17,975,792) |
|
18,618,454 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
U.S. Treasury Obligation 1.4% |
| |||||||
U.S. Treasury Notes 1.4% |
| |||||||
1.375%, 02/29/20 |
283,000 | 288,339 | ||||||
|
|
|||||||
Total U.S. Treasury Obligation (Cost $284,937) |
|
288,339 | ||||||
|
|
|||||||
Money Market Funds 6.1% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(g) |
532,126 | 532,126 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(g)(h) |
683,528 | 683,528 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $1,215,654) |
|
1,215,654 | ||||||
|
|
|||||||
Total Investments |
20,122,447 | |||||||
Liabilities in Excess of Other Assets (1.3)% |
(265,240 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 19,857,207 | ||||||
|
|
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 17.6% of net assets as of June 30, 2016. |
(b) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was $666,674. |
(c) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(d) | Perpetual maturity. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(g) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(h) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviation
MTN | Medium Term Note |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Floating Rate High Income Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Security 0.0%(a) |
||||||||
Other 0.0%(a) |
||||||||
Ares XXII CLO Ltd., Series 2007-22A, Cl D, 5.478%, 08/15/19(b)(c) |
620,000 | 568,369 | ||||||
|
|
|||||||
Total Asset-Backed Security (Cost $561,301) |
|
568,369 | ||||||
|
|
|||||||
Bank Loans 94.9% |
||||||||
Aerospace 3.7% |
||||||||
Air Canada, 2015 Term Loan B, 4.000%, 09/26/19(b)(c) |
12,433,614 | 12,407,752 | ||||||
AM General LLC, Term Loan B, 10.250%, 03/22/18(b)(c) |
14,396,000 | 13,388,280 | ||||||
American Airlines, Inc., 2016 Term Loan B, 3.500%, 04/28/23(b)(c) |
5,735,000 | 5,664,345 | ||||||
AWAS Finance Luxembourg S.A.R.L., Term Loan B, 4.000%, 06/10/18(b)(c) |
9,909,805 | 9,897,418 | ||||||
Computer Sciences Government Services, Inc., Term Loan B, 3.750%, 11/28/22(b)(c) |
12,834,565 | 12,802,479 | ||||||
DAE Aviation Holdings, Inc., 1st Lien Term Loan, 5.250%, 07/07/22(b)(c) |
2,684,713 | 2,676,336 | ||||||
Engility Corp., 2014 Term Loan B, 7.000%, 05/30/20(b)(c) |
17,102,412 | 17,075,732 | ||||||
Engility Corp., 2nd Lien Term Loan, 12.000%, 05/30/21(b)(c) |
13,135,000 | 13,118,581 | ||||||
Transdigm, Inc., Term Loan D, 3.750%, 06/04/21(b)(c) |
8,854,300 | 8,737,335 | ||||||
Transdigm, Inc., 2015 Term Loan E, 3.750%, 05/14/22(b)(c) |
24,272,475 | 23,870,523 | ||||||
TransDigm, Inc., 2016 Delayed Draw Term Loan F, 3.750%, 06/09/23(b)(c) |
2,171,842 | 2,136,094 | ||||||
TransDigm, Inc., 2016 Term Loan F, 3.750%, 06/09/23(b)(c) |
2,413,158 | 2,373,437 | ||||||
TransDigm, Inc., 2016 Extended Term Loan F, 3.750%, 06/09/23(b)(c) |
20,436,287 | 20,104,197 | ||||||
WP CPP Holdings LLC, Term Loan B3, 4.500%, 12/28/19(b)(c)(d) |
10,342,235 | 9,962,985 | ||||||
WP CPP Holdings LLC, New 2nd Lien Term Loan, 8.750%, 04/30/21(b)(c) |
1,413,475 | 1,265,060 | ||||||
|
|
|||||||
155,480,554 | ||||||||
|
|
|||||||
Broadcasting 3.8% |
||||||||
Cumulus Media Holdings, Inc., 2013 Term Loan, 4.250%, 12/23/20(b)(c) |
8,810,805 | 6,156,550 | ||||||
EIG Investors Corp., 2016 Term Loan, 6.000%, 02/09/23(b)(c) |
6,880,251 | 6,433,035 | ||||||
iHeartCommunications, Inc., Term Loan D, 7.210%, 01/30/19(b)(c)(e) |
17,925,459 | 13,045,790 | ||||||
iHeartCommunications, Inc., USD Extended Term Loan E, 7.960%, 07/30/19(b)(c)(e) |
85,742,285 | 62,377,512 | ||||||
Tribune Media Co., Term Loan, 3.750%, 12/27/20(b)(c) |
23,947,303 | 23,857,501 | ||||||
Univision Communications, Inc., Term Loan C3, 4.000%, 03/01/20(b)(c) |
34,928,800 | 34,674,169 | ||||||
Univision Communications, Inc., Term Loan C4, 4.000%, 03/01/20(b)(c) |
11,409,602 | 11,336,239 | ||||||
|
|
|||||||
157,880,796 | ||||||||
|
|
|||||||
Cable/Wireless Video 6.4% |
||||||||
Charter Communications Operating LLC, Term Loan E, 3.000%, 07/01/20(b)(c) |
25,372,355 | 25,166,331 | ||||||
Charter Communications Operating LLC, Term Loan F, 3.000%, 01/04/21(b)(c) |
3,842,113 | 3,817,140 | ||||||
Charter Communications Operating LLC, 2016 Term Loan H, 3.250%, 08/24/21(b)(c) |
8,239,350 | 8,209,936 | ||||||
Charter Communications Operating LLC, 2016 Term Loan I, 3.500%, 01/24/23(b)(c) |
1,376,550 | 1,376,550 | ||||||
Liberty Cablevision of Puerto Rico LLC, 1st Lien Term Loan, 4.500%, 01/07/22(b)(c) |
13,560,000 | 13,221,000 | ||||||
Liberty Cablevision of Puerto Rico LLC, 2nd Lien Term Loan, 7.750%, 07/07/23(b)(c) |
7,945,000 | 7,508,025 | ||||||
MCC Iowa LLC, Term Loan H, 3.250%, 01/29/21(b)(c) |
11,344,099 | 11,282,614 | ||||||
Neptune Finco Corp., 2015 Term Loan B, 5.000%, 10/09/22(b)(c) |
17,935,000 | 17,939,484 | ||||||
Quebecor Media, Inc., Term Loan B1, 3.250%, 08/17/20(b)(c) |
28,585,063 | 28,084,825 | ||||||
UPC Financing Partnership, USD Term Loan AH, 3.344%, 06/30/21(b)(c) |
3,726,632 | 3,631,901 | ||||||
Virgin Media Investment Holdings Ltd., USD Term Loan F, 3.649%, 06/30/23(b)(c) |
38,273,621 | 37,303,767 | ||||||
WideOpenWest Finance LLC, 2015 Term Loan B, 4.500%, 04/01/19(b)(c) |
8,039,296 | 8,008,023 | ||||||
Ziggo Financing Partnership, USD Term Loan B2A, 3.601%-3.652%, 01/15/22(b)(c) |
24,990,322 | 24,365,564 | ||||||
Ziggo Financing Partnership, USD Term Loan B3, 3.601%, 01/15/22(b)(c) |
41,100,155 | 40,072,651 | ||||||
Ziggo Financing Partnership, USD Term Loan B1, 3.652%, 01/15/22(b)(c) |
38,779,625 | 37,810,135 | ||||||
|
|
|||||||
267,797,946 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Chemicals 4.9% |
||||||||
Axalta Coating Systems US Holdings, Inc., USD Term Loan, 3.750%, 02/01/20(b)(c) |
9,654,285 | 9,633,142 | ||||||
Chemours Co. (The), Term Loan B, 3.750%, 05/12/22(b)(c) |
9,998,123 | 9,628,192 | ||||||
Emerald Performance Materials LLC, New 2nd Lien Term Loan, 08/01/22(b)(d)(f) |
4,125,000 | 4,021,875 | ||||||
Gemini HDPE LLC, Term Loan B, 4.750%, 08/07/21(b)(c) |
16,135,634 | 15,933,938 | ||||||
Huntsman International LLC, 2016 Term Loan B, 4.250%, 04/01/23(b)(c) |
10,688,213 | 10,678,166 | ||||||
Ineos U.S. Finance LLC, USD 6 Year Term Loan, 3.750%, 05/04/18(b)(c) |
8,474,613 | 8,432,240 | ||||||
Ineos U.S. Finance LLC, US 2020 Term Loan, 3.750%, 12/15/20(b)(c) |
58,935,386 | 57,413,085 | ||||||
Ineos U.S. Finance LLC, 2015 USD Term Loan, 4.250%, 03/31/22(b)(c) |
5,159,654 | 5,056,461 | ||||||
Kraton Polymers LLC, Term Loan B, 6.000%, 01/06/22(b)(c) |
15,085,000 | 14,846,204 | ||||||
MacDermid, Inc., USD 1st Lien Term Loan, 5.500%, 06/07/20(b)(c) |
11,249,861 | 11,088,200 | ||||||
MacDermid, Inc., USD Term Loan B3, 5.500%, 06/07/20(b)(c) |
8,024,363 | 7,908,009 | ||||||
Minerals Technologies, Inc., 2015 Term Loan B1, 3.750%, 05/09/21(b)(c) |
9,303,347 | 9,280,088 | ||||||
Minerals Technologies, Inc., Fixed Rate Term Loan, 4.750%, 05/09/21(b)(c)(d) |
5,708,083 | 5,708,083 | ||||||
Nusil Technology LLC, New Term Loan, 6.000%, 04/05/19(b)(c) |
3,760,575 | 3,755,874 | ||||||
PQ Corp., USD Term Loan, 5.750%, 11/04/22(b)(c) |
1,675,000 | 1,673,325 | ||||||
Styrolution U.S. Holding LLC, USD Term Loan B, 6.500%, 11/07/19(b)(c) |
23,334,650 | 23,305,482 | ||||||
Univar Inc., 2015 Term Loan, 4.250%, 07/01/22(b)(c) |
8,882,875 | 8,741,726 | ||||||
|
|
|||||||
207,104,090 | ||||||||
|
|
|||||||
Consumer Durables 0.1% |
||||||||
GP Investments Acquisition Corp., Term Loan, 06/06/23(b)(d)(f) |
2,500,000 | 2,375,000 | ||||||
|
|
|||||||
Consumer Non-Durables 0.9% |
||||||||
Coty, Inc., USD Term Loan B, 3.750%, 10/27/22(b)(c) |
789,688 | 787,382 | ||||||
Eastman Kodak Co., Exit Term Loan, 7.250%, 09/03/19(b)(c) |
8,926,233 | 8,636,130 | ||||||
Galleria Co., USD Term Loan B, 3.750%, 01/26/23(b)(c) |
8,128,333 | 8,108,012 | ||||||
NBTY, Inc., USD Term Loan B, 5.000%, 05/05/23(b)(c) |
7,955,000 | 7,883,962 | ||||||
Party City Holdings, Inc., 2015 Term Loan B, 4.250%, 08/19/22(b)(c) |
4,119,044 | 4,088,151 | ||||||
Spectrum Brands, Inc., USD Term Loan, 3.500%-5.250%, 06/23/22(b)(c) |
220,228 | 219,918 | ||||||
Varsity Brands, Inc., 1st Lien Term Loan, 5.000%, 12/11/21(b)(c) |
8,847,632 | 8,803,394 | ||||||
|
|
|||||||
38,526,949 | ||||||||
|
|
|||||||
Diversified Media 6.1% |
||||||||
Affinion Group, Inc., Term Loan B, 6.750%, 04/30/18(b)(c) |
5,339,687 | 4,836,849 | ||||||
ALM Media Holdings, Inc., 1st Lien Term Loan, 5.500%, 07/31/20(b)(c) |
5,111,156 | 4,881,154 | ||||||
AP NMT Acquisition BV, USD 1st Lien Term Loan, 6.750%, 08/13/21(b)(c) |
10,453,479 | 8,541,329 | ||||||
Cengage Learning Acquisitions, Inc., 2016 Term Loan B, 06/07/23(b)(d)(f) |
4,895,000 | 4,833,813 | ||||||
Deluxe Entertainment Services Group, Inc., Term Loan 2014, 6.500%, 02/28/20(b)(c) |
14,955,402 | 14,544,128 | ||||||
Emerald Expositions Holding, Inc., Term Loan B, 4.750%, 06/17/20(b)(c) |
5,629,043 | 5,604,444 | ||||||
Harland Clarke Holdings Corp., Term Loan B4, 6.000%-6.993%, 08/04/19(b)(c) |
31,689,172 | 30,104,713 | ||||||
Harland Clarke Holdings Corp., Term Loan B3, 7.000%, 05/22/18(b)(c)(e) |
51,891,374 | 50,334,633 | ||||||
Harland Clarke Holdings Corp., Term Loan B5, 7.000%, 12/31/19(b)(c)(d) |
21,293,945 | 20,601,892 | ||||||
Learfield Communications, Inc., New 1st Lien Term Loan, 4.250%, 10/09/20(b)(c) |
4,063,488 | 4,036,385 | ||||||
Lions Gate Entertainment Corp., 2015 2nd Lien Term Loan, 5.000%, 03/17/22(b)(c) |
14,085,000 | 14,225,850 | ||||||
Live Nation Entertainment, Inc., 2020 Term Loan B1, 3.500%, 08/16/20(b)(c) |
8,795,108 | 8,780,420 | ||||||
McGraw-Hill Global Education Holdings LLC, 2016 Term Loan B, 5.000%, 05/04/22(b)(c) |
9,205,000 | 9,179,686 | ||||||
Merrill Communications LLC, 2015 Term Loan, 6.250%, 06/01/22(b)(c) |
8,687,859 | 7,840,793 | ||||||
Quincy Newspapers, Inc., Term Loan B, 5.500%-7.000%, 10/13/22(b)(c) |
5,979,130 | 5,994,077 | ||||||
Rovi Solutions Corp., New Term Loan B, 3.750%, 07/02/21(b)(c) |
7,683,188 | 7,534,364 | ||||||
William Morris Endeavor Entertainment LLC, 1st Lien Term Loan, 5.250%, 05/06/21(b)(c) |
39,502,662 | 39,245,895 | ||||||
William Morris Endeavor Entertainment LLC, 2nd Lien Term Loan, 8.250%, 05/06/22(b)(c)(d) |
11,405,000 | 11,062,850 | ||||||
WMG Acquisition Corp., New Term Loan, 3.750%, 07/01/20(c)(g) |
3,872,730 | 3,824,321 | ||||||
|
|
|||||||
256,007,596 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Energy 5.3% |
||||||||
Alon USA Energy, Inc., Master Limited Partnership Term Loan, 9.250%, 11/26/18(b)(c) |
17,744,792 | 17,567,344 | ||||||
Azure Midstream Energy LLC, Term Loan B, 7.500%, 11/15/18(b)(c) |
6,278,129 | 4,065,089 | ||||||
Chief Exploration & Development LLC, 2nd Lien Term Loan, 7.500%, 05/16/21(b)(c) |
3,210,000 | 2,882,997 | ||||||
CITGO Holding, Inc., 2015 Term Loan B, 9.500%, 05/12/18(b)(c) |
36,273,793 | 36,500,504 | ||||||
Drillships Financing Holding, Inc., Term Loan B1, 6.000%, 03/31/21(b)(c) |
8,448,176 | 3,286,340 | ||||||
EMG Utica LLC, Term Loan, 4.750%, 03/27/20(b)(c) |
20,658,362 | 19,522,152 | ||||||
Energy Transfer Equity, L.P., New Term Loan, 3.250%, 12/02/19(b)(c) |
63,242,288 | 60,893,469 | ||||||
EP Energy LLC, Term Loan B2, 4.500%, 04/30/19(b)(c)(d) |
690,426 | 601,534 | ||||||
FTS International, Inc., New Term Loan B, 5.750%, 04/16/21(c)(g) |
15,936,000 | 6,203,726 | ||||||
HGIM Corp., Term Loan B, 5.500%, 06/18/20(b)(c) |
6,955,202 | 4,094,875 | ||||||
KCA Deutag U.S. Finance LLC, Term Loan, 6.250%, 05/15/20(b)(c) |
6,144,108 | 4,723,283 | ||||||
Osum Productions Corp., Term Loan, 6.500%, 07/28/20(b)(c) |
1,299,293 | 740,597 | ||||||
Philadelphia Energy Solutions LLC, Term Loan B, 6.250%, 04/04/18(b)(c) |
14,678,490 | 13,632,648 | ||||||
Pinnacle Holdco S.A.R.L., Term Loan, 4.750%, 07/30/19(b)(c) |
3,261,037 | 2,445,778 | ||||||
Sheridan Investment Partners II L.P., Term Loan B, 4.250%, 12/16/20(c)(g) |
3,276,025 | 1,998,375 | ||||||
Sheridan Investment Partners II L.P., Term Loan A, 4.250%, 12/16/20(c)(g) |
455,719 | 277,988 | ||||||
Sheridan Investment Partners II L.P., Term Loan M, 4.250%, 12/16/20(c)(g) |
169,958 | 103,675 | ||||||
Southcross Holdings Borrower LP, Exit Term Loan B, 3.500%-5.500%, 04/13/23(b)(c) |
587,378 | 493,398 | ||||||
Stonewall Gas Gathering LLC, Term Loan B, 8.750%, 01/28/22(b)(c) |
7,449,188 | 7,560,926 | ||||||
Templar Energy LLC, New 2nd Lien Term Loan, 8.500%, 11/25/20(c)(g)(h) |
56,810,000 | 14,202,500 | ||||||
Western Refining, Inc., Term Loan B, 5.250%, 11/12/20(b)(c) |
9,986,710 | 9,624,692 | ||||||
Western Refining, Inc., Term Loan B2, 5.500%, 05/17/23(b)(c) |
11,435,000 | 11,125,340 | ||||||
|
|
|||||||
222,547,230 | ||||||||
|
|
|||||||
Financial 1.4% |
||||||||
Aretec Group, Inc., 2nd Lien Term Loan, 2.000%-4.500%, 05/23/21(b)(c) |
11,099,795 | 8,269,347 | ||||||
Aretec Group, Inc., Exit Term Loan, 8.000%, 05/25/23(b)(c) |
1,585,000 | 1,569,150 | ||||||
Grosvenor Capital Management Holdings LLP, New Term Loan B, 3.750%, 01/04/21(b)(c) |
6,387,501 | 6,275,720 | ||||||
Istar Financial, Inc., 2016 Term Loan B, 5.500%, 07/01/20(b)(c) |
17,895,000 | 17,872,631 | ||||||
Starwood Property Trust, Inc., Term Loan B, 3.500%, 04/17/20(b)(c) |
5,335,264 | 5,268,573 | ||||||
USI, Inc., Term Loan B, 4.250%, 12/27/19(b)(c) |
9,567,698 | 9,427,148 | ||||||
Victory Capital Management, Inc., Term Loan B, 7.000%, 10/31/21(c)(d)(g) |
6,295,633 | 6,138,243 | ||||||
Walter Investment Management Corp., 2013 Term Loan, 4.750%, 12/19/20(b)(c) |
5,575,607 | 4,439,577 | ||||||
|
|
|||||||
59,260,389 | ||||||||
|
|
|||||||
Food and Drug 0.8% |
||||||||
Albertsons LLC, 2016 Term Loan B4, 4.500%, 08/25/21(b)(c) |
8,060,650 | 8,043,400 | ||||||
Albertsons LLC, 2016 Term Loan B5, 4.750%, 12/21/22(b)(c) |
1,296,750 | 1,294,325 | ||||||
Albertsons LLC, 2016 Term Loan B6, 4.750%, 06/22/23(b)(c) |
24,254,038 | 24,187,340 | ||||||
|
|
|||||||
33,525,065 | ||||||||
|
|
|||||||
Food/Tobacco 1.7% |
||||||||
1011778 B.C. Unlimited Liability Company, Term Loan B2, 3.750%, 12/10/21(b)(c) |
26,248,881 | 26,202,945 | ||||||
AdvancePierre Foods, Inc., 2016 Term Loan, 4.750%, 06/02/23(b)(c) |
2,855,000 | 2,843,095 | ||||||
JBS USA LLC, Incremental Term Loan, 3.750%, 09/18/20(b)(c) |
4,887,935 | 4,872,684 | ||||||
JBS USA LLC, 2015 Term Loan B, 4.000%, 10/30/22(b)(c) |
6,562,025 | 6,541,552 | ||||||
Landrys, Inc., Term Loan B, 4.000%, 04/24/18(b)(c) |
5,196,260 | 5,189,764 | ||||||
Maple Holdings Acquisition Corp., USD Term Loan B, 5.250%, 03/03/23(b)(c) |
12,874,667 | 12,874,667 | ||||||
U.S. Foods, Inc., 2016 Term Loan B, 06/13/23(b)(d)(f) |
12,195,000 | 12,134,025 | ||||||
|
|
|||||||
70,658,732 | ||||||||
|
|
|||||||
Forest Prod/Containers 1.6% |
||||||||
Ardagh Holdings USA, Inc., Incremental Term Loan, 4.000%, 12/17/19(b)(c) |
6,822,238 | 6,807,298 | ||||||
Berry Plastics Holding Corp., Term Loan D, 3.500%, 02/08/20(b)(c)(e) |
31,588,583 | 31,351,668 | ||||||
Berry Plastics Holding Corp., Term Loan H, 3.750%, 10/03/22(b)(c) |
4,048,539 | 4,015,908 | ||||||
Caraustar Industries, Inc., Term Loan B, 8.000%, 05/01/19(b)(c) |
9,285,828 | 9,243,299 | ||||||
Mauser U.S. Corporate LLC, USD 2nd Lien Term Loan, 8.750%, 07/31/22(b)(c) |
3,610,000 | 3,325,713 | ||||||
Owens-Illinois Inc., Term Loan B, 3.500%, 09/01/22(b)(c) |
3,490,813 | 3,477,722 | ||||||
Signode Industrial Group U.S., Inc., USD Term Loan B, 3.750%, 05/01/21(b)(c) |
9,853,933 | 9,751,255 | ||||||
|
|
|||||||
67,972,863 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Gaming/Leisure 8.1% |
| |||||||
Amaya Holdings B.V., USD 1st Lien Term Loan, 5.000%, 08/01/21(b)(c) |
17,826,196 | 17,239,358 | ||||||
Belmond Interfin Ltd., USD Term Loan B, 4.000%, 03/21/21(b)(c) |
9,667,475 | 9,522,463 | ||||||
Boyd Gaming Corp., Term Loan B, 4.000%, 08/14/20(b)(c) |
5,475,118 | 5,464,496 | ||||||
Caesars Entertainment Operating Co., Extended Term Loan B6, 03/01/17(b)(f) |
56,961,845 | 56,855,326 | ||||||
Caesars Entertainment Resort Properties LLC, Term Loan B, 7.000%, 10/11/20(b)(c) |
45,825,220 | 43,717,260 | ||||||
Diamond Resorts Corp., New Term Loan, 5.500%, 05/09/21(b)(c) |
9,910,200 | 9,897,812 | ||||||
Diamond Resorts Corp., Incremental Term Loan, 5.500%, 05/09/21(b)(c) |
4,355,000 | 4,344,113 | ||||||
Four Seasons Holdings, Inc., New 1st Lien Term Loan, 5.250%, 06/27/20(b)(c) |
14,931,698 | 14,807,317 | ||||||
Four Seasons Holdings, Inc., 2nd Lien Term Loan, 7.750%, 12/27/20(b)(c) |
7,111,600 | 7,080,522 | ||||||
Global Cash Access LLC, New Term Loan B, 6.250%, 12/18/20(b)(c) |
8,345,041 | 7,663,502 | ||||||
Hilton Worldwide Finance LLC, USD Term Loan B2, 3.500%, 10/26/20(b)(c)(e) |
87,208,795 | 87,208,795 | ||||||
La Quinta Intermediate Holdings LLC, Term Loan B, 3.750%, 04/14/21(b)(c) |
15,068,481 | 14,710,605 | ||||||
LTF Merger Sub, Inc., Term Loan B, 4.250%, 06/10/22(b)(c) |
4,994,304 | 4,869,446 | ||||||
MGM Growth Prop. Operating Partnership LP, 2016 Term Loan B, 4.000%, 04/25/23(b)(c) |
14,368,988 | 14,386,949 | ||||||
MGM Resorts International, 2016 Term Loan A, 3.210%, 04/25/21(b)(c) |
10,238,333 | 10,084,758 | ||||||
Mohegan Tribal Gaming Authority, New Term Loan B, 5.500%, 06/15/18(b)(c) |
8,574,059 | 8,503,323 | ||||||
Playa Resorts Holding B.V., Term Loan B, 4.000%, 08/09/19(b)(c) |
6,044,088 | 6,021,422 | ||||||
Scientific Games International, Inc., 2014 Term Loan B1, 6.000%, 10/18/20(b)(c) |
13,182,809 | 13,007,082 | ||||||
Station Casinos LLC, 2016 Term Loan B, 3.750%, 06/08/23(b)(c) |
2,480,000 | 2,464,500 | ||||||
Wynn America LLC, Delayed Draw Term Loan, 2.220%, 11/19/20(b)(c) |
4,235,000 | 4,033,838 | ||||||
|
|
|||||||
341,882,887 | ||||||||
|
|
|||||||
Healthcare 7.4% |
||||||||
Albany Molecular Research, Inc., Term Loan B, 07/16/21(b)(d)(f) |
5,020,000 | 4,957,250 | ||||||
Alere, Inc., 2015 Term Loan A, 3.470%-5.500%, 06/18/20(b)(c) |
6,338,908 | 6,233,238 | ||||||
Ardent Legacy Acquisitions, Inc., 2015 Term Loan B, 6.500%, 08/04/21(b)(c) |
4,352,113 | 4,343,974 | ||||||
CDRH Parent, Inc., New 1st Lien Term Loan, 5.250%, 07/01/21(b)(c) |
1,246,765 | 1,103,387 | ||||||
CHG Healthcare Services Inc., 2016 Term Loan B, 4.750%, 06/07/23(b)(c) |
2,428,913 | 2,427,407 | ||||||
Community Health Systems, Inc., New Term Loan A, 2.954%-3.174%, 01/22/19(b)(c) |
8,000,000 | 7,820,000 | ||||||
Community Health Systems, Inc., Term Loan G, 3.750%, 12/31/19(b)(c) |
18,096,356 | 17,571,562 | ||||||
Community Health Systems, Inc., Term Loan F, 3.924%, 12/31/18(b)(c) |
25,631,930 | 25,380,993 | ||||||
Community Health Systems, Inc., Term Loan H, 4.000%, 01/27/21(b)(c) |
13,810,091 | 13,439,842 | ||||||
Concordia Healthcare Corp., 2015 Term Loan, 5.250%, 10/21/21(b)(c)(d) |
5,437,862 | 5,204,034 | ||||||
Convatec, Inc., USD Term Loan, 4.250%, 06/15/20(b)(c) |
7,381,257 | 7,344,351 | ||||||
DPx Holdings B.V., 2014 USD Incremental Term Loan, 4.250%, 03/11/21(b)(c) |
5,046,065 | 4,891,555 | ||||||
Emdeon Business Services LLC, Term Loan B2, 3.750%, 11/02/18(b)(c) |
6,067,289 | 6,057,157 | ||||||
Endo Luxembourg Finance Co. I S.A.R.L., 2015 Term Loan B, 3.750%, 09/26/22(b)(c) |
19,188,575 | 18,847,978 | ||||||
ExamWorks Group, Inc., Term Loan, 06/08/23(b)(d)(f) |
810,000 | 807,724 | ||||||
Explorer Holdings, Inc., 2016 Term Loan B, 6.000%, 05/02/23(b)(c) |
4,185,000 | 4,183,242 | ||||||
Genoa, a QoL Healthcare Co. LLC, 2nd Lien Term Loan, 8.750%, 04/30/23(b)(c) |
945,000 | 935,550 | ||||||
Greatbatch Ltd., Term Loan B, 5.250%, 10/27/22(b)(c) |
10,072,125 | 9,971,404 | ||||||
Grifols Worldwide Operations USA, Inc., USD Term Loan B, 3.460%, 02/27/21(b)(c) |
16,247,313 | 16,216,931 | ||||||
Halyard Health, Inc., Term Loan B, 4.000%, 11/01/21(b)(c) |
5,592,358 | 5,571,387 | ||||||
IMS Health Incorporated, New USD Term Loan, 3.500%, 03/17/21(b)(c) |
5,911,813 | 5,852,695 | ||||||
Indivior Finance S.a.r.l., USD Term Loan B, 7.000%, 12/19/19(b)(c) |
9,825,723 | 9,727,466 | ||||||
inVentiv Health, Inc., Term Loan B4, 7.750%, 05/15/18(b)(c) |
11,200,000 | 11,172,000 | ||||||
Kindred Healthcare, Inc., New Term Loan, 4.250%, 04/09/21(b)(c) |
8,532,857 | 8,255,539 | ||||||
Kinetic Concepts, Inc., USD Term Loan F1, 5.000%, 11/04/20(b)(c) |
4,786,640 | 4,759,739 | ||||||
Lannett Co., Inc., Term Loan A, 5.750%, 11/25/20(b)(c) |
4,216,875 | 4,048,200 | ||||||
Lannett Co., Inc., Term Loan B, 6.375%, 11/25/22(b)(c)(d) |
1,510,633 | 1,457,761 | ||||||
MI Opco Holdings, Inc., Term Loan, 5.750%, 10/27/22(b)(c) |
8,388,188 | 8,367,217 | ||||||
MPH Acquisition Holdings LLC (New), 2016 Term Loan B, 5.000%, 06/07/23(b)(c) |
16,730,000 | 16,767,642 | ||||||
Prospect Medical Holdings, Inc., Term Loan, 06/01/22(b)(d)(f) |
2,435,000 | 2,407,606 | ||||||
Quorum Health Corp., Term Loan B, 6.750%, 04/29/22(b)(c) |
12,957,525 | 12,973,722 | ||||||
RPI Finance Trust, Term Loan B4, 3.500%, 11/09/20(b)(c) |
14,922,138 | 14,899,755 |
See Notes to Schedules of Portfolio Investments.
U.S. Renal Care, Inc., 2015 Term Loan B, 5.250%, 12/31/22(b)(c) |
2,885,500 | 2,880,104 | ||||||
Valeant Pharmaceuticals International, Inc., Series A3 Tranche A, 3.720%, 10/20/18(b)(c)(d) |
10,048,066 | 9,766,720 | ||||||
Valeant Pharmaceuticals International, Inc., Series D2 Term Loan B, 4.500%, 02/13/19(b)(c) |
3,833,408 | 3,722,009 | ||||||
Valeant Pharmaceuticals International, Inc., Series C2 Term Loan B, 4.750%, 12/11/19(b)(c) |
2,687,887 | 2,606,766 | ||||||
Valeant Pharmaceuticals International, Inc., Series E Term Loan B, 4.750%, 08/05/20(b)(c)(d) |
16,004,610 | 15,519,510 | ||||||
Valeant Pharmaceuticals International, Inc., Term Loan B F1, 5.000%, 04/01/22(b)(c)(d) |
14,682,655 | 14,274,771 | ||||||
|
|
|||||||
312,768,188 | ||||||||
|
|
|||||||
Housing 2.2% |
||||||||
ABC Supply Co., Inc., Term Loan, 3.500%, 04/16/20(b)(c) |
4,633,032 | 4,617,604 | ||||||
Atkore International, Inc., 1st Lien Term Loan, 4.500%, 04/09/21(b)(c) |
12,181,388 | 12,044,347 | ||||||
Atkore International, Inc., 2nd Lien Term Loan, 7.750%, 10/09/21(b)(c) |
5,415,000 | 5,354,081 | ||||||
Beazer Homes USA, Inc., Term Loan, 6.406%, 03/11/18(b)(c) |
3,976,875 | 3,937,106 | ||||||
Continental Building Products LLC, 1st Lien Term Loan, 4.000%, 08/28/20(b)(c) |
7,543,375 | 7,502,490 | ||||||
DTZ U.S. Borrower LLC, 2015 1st Lien Term Loan, 4.250%, 11/04/21(b)(c)(d) |
42,942,651 | 42,271,887 | ||||||
DTZ U.S. Borrower LLC, 2nd Lien Term Loan, 9.250%, 11/04/22(b)(c) |
2,530,000 | 2,530,000 | ||||||
IMC OP, LP, 2nd Lien Term Loan, 8.750%, 08/15/21(b)(c) |
750,000 | 712,500 | ||||||
Quikrete Holdings, Inc., 1st Lien Term Loan, 4.000%, 09/28/20(b)(c) |
4,715,492 | 4,702,854 | ||||||
Realogy Corp., New Term Loan B, 3.750%, 03/05/20(b)(c) |
9,459,767 | 9,436,118 | ||||||
|
|
|||||||
93,108,987 | ||||||||
|
|
|||||||
Information Technology 9.3% |
||||||||
Abacus Innovations Corp., Term Loan B, 01/26/23(b)(d)(f) |
6,760,000 | 6,748,711 | ||||||
Active Network, Inc. (The), 1st Lien Term Loan, 5.500%, 11/13/20(c)(g) |
4,419,677 | 4,368,099 | ||||||
Aricent Technologies, 1st Lien Term Loan, 5.500%, 04/14/21(b)(c) |
3,075,166 | 2,713,834 | ||||||
Arris Group, Inc., 2015 Term Loan A, 2.210%, 06/18/20(b)(c) |
3,385,897 | 3,216,603 | ||||||
Arris Group, Inc., 2015 Term Loan B, 3.500%, 04/17/20(b)(c) |
11,595,008 | 11,397,892 | ||||||
Avago Technologies Cayman Ltd., 2016 USD Term Loan B1, 4.250%, 02/01/23(b)(c)(e) |
94,832,325 | 94,876,896 | ||||||
Avaya, Inc., Term Loan B7, 6.250%, 05/29/20(b)(c) |
58,808,249 | 41,705,046 | ||||||
Avaya, Inc., Term Loan B6, 6.500%, 03/30/18(b)(c) |
9,557,913 | 7,112,712 | ||||||
Blackboard, Inc., Term Loan B3, 4.750%, 10/04/18(b)(c) |
10,172,311 | 9,544,985 | ||||||
CompuCom Systems, Inc., Refinance Term Loan B, 4.250%, 05/11/20(b)(c) |
6,566,522 | 4,344,870 | ||||||
Cypress Semiconductor Corp., 2016 Term Loan B, 06/03/21(b)(d)(f) |
2,505,000 | 2,486,213 | ||||||
Dell Inc., 2016 Term Loan B, 05/24/23(b)(d)(f) |
39,970,000 | 39,803,325 | ||||||
Dell International LLC, USD Term Loan B2, 4.000%, 04/29/20(b)(c) |
20,445,766 | 20,378,704 | ||||||
Imagine! Print Solutions, Inc., Term Loan B, 7.000%, 03/30/22(b)(c) |
2,523,675 | 2,511,057 | ||||||
Infor (U.S.), Inc., USD Term Loan B3, 3.750%, 06/03/20(b)(c) |
7,492,454 | 7,271,427 | ||||||
Infor (U.S.), Inc., USD Term Loan B5, 3.750%, 06/03/20(b)(c) |
6,910,817 | 6,733,762 | ||||||
Internap Corp., Term Loan, 7.000%, 11/26/19(b)(c) |
9,567,724 | 8,993,660 | ||||||
iParadigms Holdings LLC, 1st Lien Term Loan, 5.000%, 07/31/21(b)(c) |
3,188,213 | 2,957,067 | ||||||
IPC Corp., 2015 Term Loan B, 5.500%, 08/06/21(b)(c) |
5,209,063 | 4,731,548 | ||||||
NXP B.V., 2015 Term Loan B, 3.750%, 12/07/20(b)(c) |
4,641,512 | 4,647,314 | ||||||
ON Semiconductor Corp., Term Loan B, 5.250%, 03/31/23(b)(c) |
4,435,000 | 4,446,088 | ||||||
Presidio, Inc., Refinance Term Loan, 5.250%, 02/02/22(b)(c) |
13,502,221 | 13,238,927 | ||||||
Semiconductor Components Industries LLC, Term Loan A, 2.375%, 01/02/18(c)(g) |
26,571,390 | 26,372,105 | ||||||
Sirius Computer Solutions, Inc., 1st Lien Term Loan, 6.000%, 10/30/22(b)(c) |
4,612,584 | 4,589,521 | ||||||
Solera Holdings, Inc., USD Term Loan B, 5.750%, 03/03/23(b)(c) |
1,995,000 | 1,991,668 | ||||||
Southern Graphics, Inc., New Term Loan B, 4.250%, 10/17/19(b)(c) |
6,734,000 | 6,691,913 | ||||||
SS&C Technologies, Inc., 2015 Term Loan B1, 4.000%, 07/08/22(b)(c) |
3,496,803 | 3,493,166 | ||||||
SS&C Technologies, Inc., 2015 Term Loan B2, 4.000%, 07/08/22(b)(c) |
478,481 | 477,984 | ||||||
TTM Technologies, Inc., 1st Lien Term Loan, 6.000%, 05/31/21(b)(c) |
10,111,066 | 10,009,955 | ||||||
Vertafore, Inc., 2016 1st Lien Term Loan, 06/09/23(b)(d)(f) |
13,825,000 | 13,755,875 | ||||||
Western Digital Corp., USD Term Loan A, 2.450%, 04/29/21(b)(c) |
7,225,000 | 6,881,812 | ||||||
Western Digital Corp., USD Term Loan B, 6.250%, 04/29/23(b)(c) |
12,650,000 | 12,689,594 | ||||||
|
|
|||||||
391,182,233 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Manufacturing 0.5% |
| |||||||
Diebold, Inc., USD Term Loan, 5.250%, 11/06/23(b)(c) |
6,975,000 | 6,937,195 | ||||||
Dynacast International LLC, Term Loan B, 4.500%, 01/28/22(b)(c)(d) |
7,506,297 | 7,468,765 | ||||||
LTI Holdings, Inc., 2nd Lien Term Loan, 10.250%, 04/16/23(b)(c) |
1,545,000 | 1,375,050 | ||||||
Otter Products LLC, 2014 Term Loan, 5.750%, 06/03/20(b)(c) |
6,581,928 | 5,594,639 | ||||||
|
|
|||||||
21,375,649 | ||||||||
|
|
|||||||
Metals/Minerals 3.1% |
||||||||
Atlas Iron Ltd., Capex Term Loan B, 3.000%-5.580%, 05/06/21(c)(g) |
4,432,871 | 1,329,861 | ||||||
Fairmont Minerals Ltd., Term Loan B1, 4.131%, 03/15/17(b)(c) |
569,104 | 523,576 | ||||||
Fairmount Santrol, Inc., 2016 Extended Term Loan B1, 4.500%, 07/15/18(b)(c)(d) |
5,963,289 | 5,148,286 | ||||||
FMG Resources (August 2006) Pty Ltd., New Term Loan B, 4.250%, 06/30/19(b)(c)(d) |
88,004,769 | 84,044,554 | ||||||
Freeport McMoran Copper & Gold, Inc., Term Loan A, 3.220%, 05/31/18(b)(c)(d) |
15,218,756 | 14,724,147 | ||||||
Freeport McMoran Copper & Gold, Inc., Extended Term Loan A, 3.220%, 02/28/20(b)(c) |
392,766 | 375,091 | ||||||
Global Brass & Copper, Inc., 2016 Term Loan B, 06/15/23(b)(d)(f) |
3,745,000 | 3,735,638 | ||||||
Novelis, Inc., 2015 Term Loan B, 4.000%, 06/02/22(b)(c) |
15,397,589 | 15,230,833 | ||||||
Zekelman Industries, Inc., Term Loan B, 6.000%, 06/14/21(b)(c) |
5,855,000 | 5,845,222 | ||||||
|
|
|||||||
130,957,208 | ||||||||
|
|
|||||||
Retail 7.7% |
||||||||
Ascena Retail Group, Inc., 2015 Term Loan B, 5.250%, 08/21/22(b)(c)(d) |
6,705,000 | 6,379,808 | ||||||
Capital Automotive LP, New Term Loan B, 4.000%, 04/10/19(b)(c)(e) |
26,649,469 | 26,649,469 | ||||||
Capital Automotive LP, New 2nd Lien Term Loan, 6.000%, 04/30/20(b)(c) |
19,425,000 | 19,425,000 | ||||||
CWGS Group LLC, Term Loan, 5.750%, 02/20/20(b)(c) |
14,421,081 | 14,290,426 | ||||||
Dollar Tree, Inc., Term Loan B1, 3.500%, 07/06/22(b)(c) |
24,532,556 | 24,496,738 | ||||||
Dollar Tree, Inc., Term Loan B2, 4.250%, 07/06/22(b)(c)(d) |
26,606,910 | 26,595,735 | ||||||
Hudsons Bay Co., 2015 Term Loan B, 4.750%, 09/30/22(b)(c) |
15,919,355 | 15,899,456 | ||||||
J. Crew Group, Inc., New Term Loan B, 4.000%, 03/05/21(b)(c) |
24,837,626 | 16,912,933 | ||||||
J.C. Penney Corp., Inc., 2016 Term Loan B, 5.250%, 06/23/23(b)(c) |
39,920,000 | 39,595,850 | ||||||
Kate Spade & Co., Term Loan B, 4.000%, 04/10/21(b)(c) |
6,523,800 | 6,442,252 | ||||||
Mattress Holding Corp., 2016 Incremental Term Loan, 10/20/21(b)(d)(f) |
1,250,000 | 1,218,750 | ||||||
Mens Wearhouse, Inc. (The), Term Loan B, 4.500%, 06/18/21(b)(c)(d) |
5,422,638 | 5,205,732 | ||||||
Mens Wearhouse, Inc. (The), 2015 Term Loan, 5.000%, 06/18/21(b)(c) |
2,120,000 | 1,961,000 | ||||||
Michaels Stores, Inc., Term Loan B, 3.750%, 01/28/20(b)(c) |
9,358,635 | 9,322,042 | ||||||
Neiman Marcus Group, Inc. (The), 2020 Term Loan, 4.250%, 10/25/20(b)(c) |
5,404,736 | 4,844,589 | ||||||
Petco Animal Supplies, Inc., 2016 Term Loan B2, 4.888%, 01/26/23(b)(c) |
613,463 | 609,193 | ||||||
Petco Animal Supplies, Inc., 2016 Term Loan B1, 5.000%, 01/26/23(b)(c) |
727,688 | 723,008 | ||||||
PetSmart, Inc., Term Loan B1, 4.250%, 03/11/22(b)(c) |
9,438,445 | 9,390,120 | ||||||
Sears Holding Corp., Incremental Term Loan, 8.500%, 07/20/20(b)(c) |
7,290,000 | 7,256,612 | ||||||
Sears Roebuck Acceptance Corp., 2015 Term Loan, 5.500%, 06/30/18(b)(c) |
35,274,689 | 33,540,232 | ||||||
Toys R Us Property Co. I LLC, New Term Loan B, 6.000%, 08/21/19(b)(c) |
30,419,196 | 27,263,205 | ||||||
Toys R Us-Delaware, Inc., Term Loan B3, 5.250%, 05/25/18(b)(c) |
1,122,902 | 1,028,387 | ||||||
Toys R Us-Delaware, Inc., FILO Term Loan, 8.250%, 10/24/19(b)(c) |
3,404,464 | 3,296,645 | ||||||
Toys R Us-Delaware, Inc., FILO CAD Term Loan, 8.250%, 10/24/19(b)(c) |
2,745,536 | 2,658,585 | ||||||
Toys R Us-Delaware, Inc., Term Loan B4, 9.750%, 04/24/20(b)(c) |
19,943,938 | 17,131,843 | ||||||
|
|
|||||||
322,137,610 | ||||||||
|
|
|||||||
Service 9.2% |
||||||||
4L Holdings LLC, 1st Lien Term Loan, 5.500%-7.000%, 05/08/20(c)(g) |
1,539,679 | 1,360,691 | ||||||
ADS Waste Holdings, Inc., Term Loan B2, 3.750%, 10/09/19(b)(c) |
8,790,895 | 8,637,054 | ||||||
Alorica Inc., Term Loan B, 06/07/22(b)(d)(f) |
1,670,000 | 1,663,737 | ||||||
Asurion LLC, New Term Loan B2, 4.250%, 07/08/20(b)(c) |
37,640,525 | 36,699,512 | ||||||
Asurion LLC, New Term Loan B1, 5.000%, 05/24/19(b)(c)(e) |
10,157,314 | 10,095,964 | ||||||
Asurion LLC, Term Loan B4, 5.000%, 08/04/22(b)(c) |
45,046,969 | 44,360,002 | ||||||
Asurion LLC, New 2nd Lien Term Loan, 8.500%, 03/03/21(b)(c) |
44,086,489 | 42,323,030 | ||||||
Evertec Group LLC, New Term Loan A, 2.701%, 04/17/18(b)(c) |
16,184,000 | 15,415,260 | ||||||
First Data Corp., 2022 Term Loan, 4.202%, 07/08/22(b)(c) |
47,820,547 | 47,342,341 | ||||||
First Data Corp., Extended 2021 Term Loan, 4.452%, 03/24/21(b)(c)(e) |
57,371,395 | 57,108,634 | ||||||
IQOR U.S., Inc., Term Loan B, 6.000%, 04/01/21(b)(c) |
28,796,139 | 23,372,962 | ||||||
Laureate Education, Inc., Term Loan B, 06/15/18(b)(d)(f) |
10,796,761 | 10,441,332 |
See Notes to Schedules of Portfolio Investments.
Prime Security Services Borrower LLC, 2016 Incremental Term Loan B1, 4.750%, 05/02/22(b)(c) |
6,585,000 | 6,593,231 | ||||||
RedTop Luxembourg S.A.R.L., USD 2nd Lien Term Loan, 8.250%, 06/03/21(b)(c) |
5,239,400 | 4,941,435 | ||||||
Sedgwick Claims Management Services, Inc., 1st Lien Term Loan, 3.750%, 03/01/21(b)(c) |
24,633,516 | 24,048,470 | ||||||
Sedgwick Claims Management Services, Inc., 2nd Lien Term Loan, 6.750%, 02/28/22(b)(c) |
9,490,000 | 9,086,675 | ||||||
Spin Holdco, Inc., New Term Loan B, 4.250%, 11/14/19(b)(c) |
8,271,710 | 8,102,802 | ||||||
St. Georges University, 2016 Term Loan B, 06/02/22(b)(d)(f) |
2,480,000 | 2,461,400 | ||||||
STG-Fairway Acquisitions, Inc., 2015 1st Lien Term Loan, 6.250%, 06/30/22(b)(c) |
1,348,399 | 1,318,060 | ||||||
TransUnion LLC, Term Loan B2, 3.500%, 04/09/21(b)(c) |
6,528,321 | 6,439,601 | ||||||
Travelport Finance (Luxembourg) S.A.R.L., 2016 Term Loan B, 5.000%, 09/02/21(b)(c) |
20,000,433 | 19,875,431 | ||||||
Weight Watchers International, Inc., Term Loan B2, 4.000%, 04/02/20(b)(c) |
6,753,899 | 5,031,655 | ||||||
|
|
|||||||
386,719,279 | ||||||||
|
|
|||||||
Telecommunications 4.9% |
||||||||
Altice U.S. Finance I Corp., USD Extended Term Loan, 4.250%, 12/14/22(b)(c) |
23,570,173 | 23,452,322 | ||||||
Communications Sales & Leasing, Inc., Term Loan B, 10/24/22(b)(d)(f) |
1,994,962 | 1,970,025 | ||||||
Coral-U.S. Co-Borrower LLC, Term Loan B1, 5.500%, 12/30/22(b)(c) |
3,718,000 | 3,703,277 | ||||||
Coral-U.S. Co-Borrower LLC, Term Loan B2, 5.830%, 12/30/22(b)(c) |
3,042,000 | 3,029,954 | ||||||
Frontier Communications Corp., Unsecured Term Loan, 3.835%, 10/14/16(b)(c) |
509,430 | 508,793 | ||||||
Integra Telecom, Inc., 2015 1st Lien Term Loan, 5.250%, 08/14/20(b)(c) |
7,809,477 | 7,580,112 | ||||||
Level 3 Financing, Inc., 2015 Term Loan B2, 3.500%, 05/31/22(b)(c) |
1,000,000 | 995,500 | ||||||
Level 3 Financing, Inc., 2013 Term Loan B, 4.000%, 01/15/20(b)(c)(e) |
86,095,000 | 85,960,692 | ||||||
Ligado Networks LLC, 2015 2nd Lien Term Loan, 13.500%, 12/07/20(b)(c) |
9,366,514 | 5,795,531 | ||||||
LTS Buyer LLC, 1st Lien Term Loan, 4.000%, 04/13/20(b)(c) |
10,344,110 | 10,221,325 | ||||||
Numericable Group SA, USD Term Loan B5, 4.563%, 07/31/22(b)(c) |
6,099,350 | 5,992,611 | ||||||
Numericable U.S. LLC, USD Term Loan B7, 5.000%, 01/15/24(b)(c) |
26,820,000 | 26,551,800 | ||||||
West Corp., 2016 Term Loan B14, 06/08/21(b)(d)(f) |
2,100,000 | 2,087,757 | ||||||
West Corp., 2016 Term Loan B12, 06/01/23(b)(d)(f) |
3,355,000 | 3,340,339 | ||||||
Zayo Group LLC, PIK, Term Loan B, 3.750%, 05/06/21(b)(c)(e) |
26,661,422 | 26,489,989 | ||||||
|
|
|||||||
207,680,027 | ||||||||
|
|
|||||||
Transportation 1.5% |
||||||||
Commercial Barge Line Co., 2015 1st Lien Term Loan, 9.750%, 11/12/20(b)(c) |
8,620,875 | 7,931,205 | ||||||
CS Intermediate Holdco 2 LLC, New Term Loan B, 4.000%, 04/04/21(b)(c) |
6,943,300 | 6,918,999 | ||||||
Federal-Mogul Holdings Corp., New Term Loan B, 4.000%, 04/15/18(b)(c) |
2,870,617 | 2,703,518 | ||||||
Federal-Mogul Holdings Corp., New Term Loan C, 4.750%, 04/15/21(b)(c)(d) |
5,363,656 | 4,949,635 | ||||||
Gruden Acquisition, Inc., 1st Lien Term Loan, 5.750%, 08/18/22(b)(c) |
1,729,692 | 1,586,992 | ||||||
MPG Holdco I Inc., 2015 Term Loan B, 3.750%, 10/20/21(b)(c) |
6,450,053 | 6,381,554 | ||||||
Navios Maritime Midstream Partners L.P., Term Loan B, 5.500%, 06/18/20(c)(g) |
2,682,900 | 2,555,462 | ||||||
Navios Partners Finance (U.S.), Inc., Term Loan B, 5.250%, 06/27/18(c)(g) |
14,959,242 | 13,238,929 | ||||||
OSG Bulk Ships, Inc., OBS Term Loan, 5.250%, 08/05/19(b)(c) |
420,000 | 403,200 | ||||||
Tower Automotive Holdings USA LLC, New Term Loan, 4.000%, 04/23/20(b)(c) |
8,562,670 | 8,477,043 | ||||||
Wabash National Corp., 2015 Term Loan B, 4.250%, 03/16/22(b)(c) |
7,729,662 | 7,710,338 | ||||||
|
|
|||||||
62,856,875 | ||||||||
|
|
|||||||
Utility 4.2% |
||||||||
APLP Holdings Ltd. Partnership, 2016 Term Loan B, 6.000%, 04/13/23(b)(c) |
3,229,745 | 3,218,990 | ||||||
Bronco Midstream Funding LLC, Term Loan B, 5.000%, 08/15/20(b)(c)(d) |
18,487,585 | 16,269,075 | ||||||
Calpine Construction Finance Co., L.P., Original Term Loan B1, 3.000%, 05/03/20(b)(c) |
14,455,793 | 14,076,328 | ||||||
Calpine Corp., Term Loan B7, 3.640%, 05/02/23(b)(c) |
7,110,000 | 7,027,808 | ||||||
Dynegy Inc., Incremental C TLB, 06/20/23(b)(d)(f) |
14,155,000 | 13,898,511 | ||||||
EFS Cogen Holdings I LLC, 2016 Term Loan B, 06/22/23(b)(d)(f) |
6,660,000 | 6,668,325 | ||||||
Empire Generating Co. LLC, Term Loan B, 5.250%, 03/14/21(b)(c) |
13,970,038 | 11,874,532 | ||||||
Empire Generating Co. LLC, Term Loan C, 5.250%, 03/14/21(b)(c) |
1,111,304 | 944,609 | ||||||
Lonestar Generation LLC, Term Loan B, 5.250%, 02/22/21(c)(g) |
6,795,410 | 5,164,512 | ||||||
Longview Power LLC, Term Loan B, 7.000%, 04/13/21(b)(c) |
4,538,180 | 3,948,217 | ||||||
MRP Generation Holdings LLC, Term Loan B, 4.750%, 12/31/17(b)(c) |
22,181,122 | 21,072,066 | ||||||
NRG Energy, Inc., 2016 Term Loan B, 06/08/23(b)(d)(f) |
39,845,000 | 39,506,318 |
See Notes to Schedules of Portfolio Investments.
Power Team Services LLC, 1st Lien Term Loan, 4.250%, 05/06/20(b)(c) |
15,099,980 | 15,005,605 | ||||||
Power Team Services LLC, 2nd Lien Term Loan, 8.250%, 11/06/20(b)(c) |
7,890,000 | 7,653,300 | ||||||
Texas Competitive Electric Holdings Co. LLC, Extended Term Loan, 10/10/17(b)(d)(f)(h) |
14,860,287 | 4,967,645 | ||||||
Texas Competitive Electric Holdings Co. LLC, Non-Extended Term Loan, 4.934%, 10/10/16(b)(c)(h) |
10,000,000 | 3,277,500 | ||||||
|
|
|||||||
174,573,341 | ||||||||
|
|
|||||||
Wireless Communications 0.1% |
||||||||
Syniverse Holdings, Inc., Term Loan, 4.000%, 04/23/19(b)(c) |
1,087,651 | 808,668 | ||||||
Syniverse Holdings, Inc., Term Loan B, 4.000%, 04/23/19(b)(c) |
6,529,777 | 4,803,500 | ||||||
|
|
|||||||
5,612,168 | ||||||||
|
|
|||||||
Total Bank Loans (Cost $4,171,432,287) |
|
3,989,991,762 | ||||||
|
|
|||||||
Corporate Bonds 2.8% |
||||||||
Auto Manufacturers 0.0%(a) |
||||||||
Motors Liquidation Co. Escrow, 7.200%(g)(h)(i)(j) |
10,000,000 | | ||||||
Motors Liquidation Co. Escrow, 8.375%(g)(h)(i)(j) |
10,000,000 | | ||||||
|
|
|||||||
| ||||||||
|
|
|||||||
Coal 0.0%(a) |
||||||||
CONSOL Energy, Inc., 8.000%, 04/01/23 |
1,000,000 | 885,000 | ||||||
|
|
|||||||
Commercial Services 0.0%(a) |
||||||||
Laureate Education, Inc., 9.250%, 09/01/19(b) |
2,000,000 | 1,750,000 | ||||||
|
|
|||||||
Computers 0.2% |
||||||||
Harland Clarke Holdings Corp., 9.250%, 03/01/21(b) |
5,330,000 | 4,456,679 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(b) |
3,715,000 | 3,770,725 | ||||||
Western Digital Corp., 10.500%, 04/01/24(b) |
1,000,000 | 1,070,000 | ||||||
|
|
|||||||
9,297,404 | ||||||||
|
|
|||||||
Healthcare - Services 0.2% |
||||||||
CHS/Community Health Systems, Inc., 8.000%, 11/15/19 |
5,000,000 | 4,893,750 | ||||||
Quorum Health Corp., 11.625%, 04/15/23(b) |
4,250,000 | 4,271,250 | ||||||
|
|
|||||||
9,165,000 | ||||||||
|
|
|||||||
Home Builders 0.1% |
||||||||
Mattamy Group Corp., 6.500%, 11/15/20(b) |
4,055,000 | 3,892,800 | ||||||
|
|
|||||||
Media 0.7% |
||||||||
Cequel Communications Holdings I LLC/Cequel Capital Corp., 7.750%, 07/15/25(b) |
10,000,000 | 10,425,000 | ||||||
WideOpenWest Finance LLC/WideOpenWest Capital Corp., 10.250%, 07/15/19 |
10,000,000 | 10,350,000 | ||||||
WideOpenWest Finance LLC/WideOpenWest Capital Corp., 13.375%, 10/15/19 |
9,170,000 | 9,743,125 | ||||||
|
|
|||||||
30,518,125 | ||||||||
|
|
|||||||
Oil & Gas 0.7% |
||||||||
Glenn Pool Oil & Gas Trust, 6.000%, 08/02/21(g)(i) |
31,071,104 | 26,876,505 | ||||||
Linn Energy LLC/Linn Energy Finance Corp., 8.625%, 04/15/20(h) |
7,800,000 | 1,335,750 | ||||||
SandRidge Energy, Inc., 8.750%, 06/01/20(b)(h) |
745,000 | 305,450 | ||||||
Southwestern Energy Co., 7.500%, 02/01/18 |
885,000 | 940,313 | ||||||
|
|
|||||||
29,458,018 | ||||||||
|
|
|||||||
Pharmaceuticals 0.3% |
||||||||
Valeant Pharmaceuticals International, Inc., 7.500%, 07/15/21(b) |
15,000,000 | 13,228,125 | ||||||
|
|
|||||||
Real Estate Investment Trust 0.2% |
5,000,000 | 4,662,500 | ||||||
iStar, Inc., 5.000%, 07/01/19 |
||||||||
iStar, Inc., 6.500%, 07/01/21 |
1,400,000 | 1,323,000 | ||||||
|
|
|||||||
5,985,500 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Telecommunication Services 0.4% |
||||||||
Trilogy International Partners LLC/Trilogy International Finance, Inc., 13.375%, 05/15/19(g) |
12,245,000 | 12,275,612 | ||||||
West Corp., 4.750%, 07/15/21(b) |
3,000,000 | 2,962,500 | ||||||
|
|
|||||||
15,238,112 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $130,249,509) |
|
119,418,084 | ||||||
|
|
|||||||
Preferred Stock 0.1% |
||||||||
Banks 0.1% |
||||||||
GMAC Capital Trust I, Series 2, 6.411%(c) |
94,025 | 2,333,700 | ||||||
|
|
|||||||
Total Preferred Stock (Cost $2,350,625) |
|
2,333,700 | ||||||
|
|
|||||||
Common Stocks 0.1% |
||||||||
Diversified Financial Services 0.0%(a) |
||||||||
RCS Capital Corp., Cl A* |
104,183 | 729,281 | ||||||
|
|
|||||||
Energy-Alternate Sources 0.0%(a) |
||||||||
Southcross Holding Group LLC (Stapled Unit) |
658 | | ||||||
Southcross Holding LP, Cl A (Stapled Unit) |
658 | | ||||||
|
|
|||||||
| ||||||||
|
|
|||||||
Iron/Steel 0.0%(a) |
||||||||
Atlas Iron Ltd.* |
147,913,466 | | ||||||
|
|
|||||||
Oil & Gas 0.1% |
||||||||
Vantage Drilling International (Stapled Unit)*(g) |
35,085 | 3,034,853 | ||||||
|
|
|||||||
Telecommunication Services 0.0%(a) |
||||||||
NII Holding, Inc.* |
303,451 | 964,974 | ||||||
|
|
|||||||
Total Common Stocks (Cost $28,239,627) |
|
4,729,108 | ||||||
|
|
|||||||
Money Market Fund 3.3% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(k) |
140,038,326 | 140,038,326 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $140,038,326) |
|
140,038,326 | ||||||
|
|
|||||||
Total Investments |
4,257,079,349 | |||||||
Liabilities in Excess of Other Assets (1.2)% |
(52,056,179 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 4,205,023,170 | ||||||
|
|
* | Non-income producing security. |
(a) | Less than 0.05% of Net Assets. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 93.9% of net assets as of June 30, 2016. |
(c) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(f) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(g) | The Funds investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(h) | Security is in default. |
(i) | Valued at fair value using procedures approved by the Board of Trustees (See Note 2(a)). Fair valued securities held by the Fund represent 0.6% of net assets as of June 30, 2016. |
(j) | Perpetual maturity. |
(k) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
PIK | Payment in-kind |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Georgia Tax-Exempt Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 97.2% |
||||||||
Alabama 0.6% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) |
640,000 | 721,293 | ||||||
|
|
|||||||
Georgia 91.6% |
||||||||
Athens-Clarke County Unified Government Development Authority, RB, 5.000%, 06/15/30 |
1,290,000 | 1,640,519 | ||||||
Athens-Clarke County Unified Government Development Authority, RB, 5.250%, 07/01/27 |
2,885,000 | 3,440,247 | ||||||
Athens-Clarke County Unified Government Development Authority, RB, 5.250%, 07/01/29 |
1,690,000 | 2,004,222 | ||||||
Athens-Clarke County Unified Government Development Authority, Catholic Health East, RB, 6.250%, 11/15/32 |
1,410,000 | 1,613,195 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.500%, 01/01/38, Pre-refunded 01/01/2019 @ 100(b) |
4,000,000 | 4,475,520 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.625%, 01/01/33, Pre-refunded 01/01/2019 @ 100(b) |
3,000,000 | 3,365,940 | ||||||
Athens-Clarke County Unified Government Water & Sewerage Revenue, RB, 5.000%, 01/01/24 |
1,250,000 | 1,584,713 | ||||||
Atlanta Airport Passenger Facility Charge, Series B, RB, 5.000%, 01/01/21 |
2,000,000 | 2,285,480 | ||||||
Atlanta Airport Project, Series B, RB, 5.000%, 01/01/23 |
2,500,000 | 2,881,975 | ||||||
Atlanta Airport Project, Series B, RB, 5.000%, 01/01/42 |
2,235,000 | 2,629,880 | ||||||
Atlanta Development Authority, RB, ETM, 5.000%, 09/01/19 |
1,025,000 | 1,159,900 | ||||||
Atlanta Development Authority, Series A, RB, 5.000%, 07/01/34 |
1,000,000 | 1,225,720 | ||||||
Atlanta Development Authority, Series A, RB, 5.250%, 07/01/40 |
2,500,000 | 3,101,225 | ||||||
Atlanta Eastside Project, Tax Allocation, 5.000%, 01/01/28 |
850,000 | 1,066,342 | ||||||
Atlanta Eastside Project, Tax Allocation, 5.000%, 01/01/30 |
250,000 | 310,215 | ||||||
Atlanta GA Water & Wastewater Revenue, RB, 5.000%, 11/01/35 |
2,000,000 | 2,474,560 | ||||||
Atlanta GA Water & Wastewater Revenue, RB, 5.000%, 11/01/40 |
4,000,000 | 4,898,440 | ||||||
Bartow County School District, GO, 5.000%, 10/01/19 |
2,000,000 | 2,268,120 | ||||||
Carroll City-County Hospital Authority, Tanner Medical Center, Inc., RB, 5.000%, 07/01/41, Country Guaranteed |
3,000,000 | 3,614,700 | ||||||
Clarke County Hospital Authority, Athens Regional Medical Center, RB, 5.000%, 01/01/32, Country Guaranteed |
1,180,000 | 1,370,936 | ||||||
Columbus GA Water & Sewerage Revenue, RB, 5.000%, 05/01/33 |
950,000 | 1,213,055 | ||||||
Columbus GA Water & Sewerage Revenue, RB, 5.000%, 05/01/35 |
700,000 | 887,362 | ||||||
DeKalb County, Water & Sewerage Revenue, Series A, RB, 5.000%, 10/01/22 |
1,000,000 | 1,211,160 | ||||||
DeKalb County, Water & Sewerage Revenue, Series A, RB, 5.250%, 10/01/23 |
1,500,000 | 1,828,845 | ||||||
DeKalb County, Water & Sewerage Revenue, Series A, RB, 5.250%, 10/01/36 |
2,000,000 | 2,386,640 | ||||||
DeKalb Private Hospital Authority, Childrens Healthcare of Atlanta, Inc., RB, 5.000%, 11/15/29(b) |
4,300,000 | 4,862,483 | ||||||
Forsyth County, Series A, GO, 5.000%, 03/01/25, Pre-refunded 03/01/2019 @ 100 |
5,000,000 | 5,566,200 | ||||||
Fulton County Development Authority, Series A, RB, 5.000%, 03/15/36 |
2,000,000 | 2,428,560 | ||||||
Fulton County Development Authority, Series A, RB, 5.000%, 05/01/39 |
5,145,000 | 6,172,456 | ||||||
Fulton County Development Authority, Robert Woodruff Arts Center, Inc., Series B, RB, 5.250%, 03/15/24 |
1,300,000 | 1,432,379 | ||||||
Georgia State, Series A, GO, 4.000%, 02/01/32(c) |
2,000,000 | 2,377,340 | ||||||
Georgia State, Series A, GO, 5.000%, 01/01/19 |
2,360,000 | 2,615,069 | ||||||
Georgia State, Series A, GO, 5.000%, 02/01/28 |
1,000,000 | 1,282,510 | ||||||
Greene County Development Authority, RB, 5.000%, 11/15/37 |
2,955,000 | 3,437,404 |
See Notes to Schedules of Portfolio Investments.
Henry County Water & Sewerage Authority, RB, 6.150%, 02/01/20, AMBAC |
2,100,000 | 2,395,050 | ||||||
Municipal Electric Authority of Georgia, Series A, RB, 5.000%, 01/01/21 |
2,000,000 | 2,344,620 | ||||||
Municipal Electric Authority of Georgia, Series D, RB, 5.750%, 01/01/19 |
360,000 | 396,626 | ||||||
Municipal Electric Authority of Georgia, Series D, RB, 5.750%, 01/01/19, Pre-refunded 07/01/2018 @ 100 |
1,030,000 | 1,134,133 | ||||||
Private Colleges & Universities Authority, Emory University, Series C, RB, 5.250%, 09/01/39 |
2,000,000 | 2,248,680 | ||||||
Private Colleges & Universities Authority, Savannah College Of Art & Design, RB, 5.000%, 04/01/30 |
1,000,000 | 1,192,840 | ||||||
Private Colleges & Universities Authority, Savannah College Of Art & Design, RB, 5.000%, 04/01/44 |
3,500,000 | 4,072,880 | ||||||
Sandy Springs Public Facilities Authority, RB, 5.000%, 05/01/41 |
3,000,000 | 3,769,440 | ||||||
Thomasville Hospital Authority, John D. Archhold Memorial Hospital, RB, 5.375%, 11/01/40 |
2,510,000 | 2,913,357 | ||||||
|
|
|||||||
105,580,938 | ||||||||
|
|
|||||||
Guam 1.1% |
||||||||
Guam Waterworks Authority, RB, 5.000%, 01/01/46 |
1,065,000 | 1,273,303 | ||||||
|
|
|||||||
North Carolina 1.7% |
||||||||
North Carolina Capital Facilities Finance Agency, Educational Facilities, RB, 5.000%, 05/01/32 |
1,700,000 | 1,917,192 | ||||||
|
|
|||||||
South Carolina 2.2% |
||||||||
South Carolina State Public Service Authority, Series A, RB, 5.750%, 12/01/43 |
2,000,000 | 2,528,900 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $102,401,645) |
|
112,021,626 | ||||||
|
|
|||||||
Money Market Fund 3.8% |
||||||||
Federated Tax-Free Obligations Fund, Wealth Shares, 0.27%(d) |
4,308,766 | 4,308,766 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $4,308,766) |
|
4,308,766 | ||||||
|
|
|||||||
Total Investments |
116,330,392 | |||||||
Liabilities in Excess of Other Assets (1.0)% |
(1,100,500 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 115,229,892 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2016. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
AMBAC | Security guaranteed by American Municipal Bond Assurance Corporation |
ETM | Escrowed to Maturity |
GO | General Obligation |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix High Grade Municipal Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 93.5% |
||||||||
Alabama 3.9% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/37(a) |
2,000,000 | 2,224,920 | ||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Childrens Hospital of Alabama, RB, 6.000%, 06/01/39, AGC |
2,000,000 | 2,295,640 | ||||||
|
|
|||||||
4,520,560 | ||||||||
|
|
|||||||
Alaska 2.0% |
||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, AGC |
730,000 | 844,654 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, Pre-refunded 09/01/2019 @ 100, AGC |
1,270,000 | 1,476,819 | ||||||
|
|
|||||||
2,321,473 | ||||||||
|
|
|||||||
California 25.3% |
||||||||
Alameda Corridor Transportation Authority, Series B, RB, 5.000%, 10/01/36 |
750,000 | 920,910 | ||||||
Alameda Corridor Transportation Authority, Series B, RB, 5.000%, 10/01/36, AGM |
4,550,000 | 5,666,206 | ||||||
Alameda Corridor Transportation Authority, Series B, RB, 5.000%, 10/01/37 |
500,000 | 612,925 | ||||||
Alameda Corridor Transportation Authority, Series B, RB, 5.000%, 10/01/37, AGM |
500,000 | 621,110 | ||||||
California Infrastructure & Economic Development Bank, RB, 5.000%, 11/01/34 |
1,000,000 | 1,232,110 | ||||||
California Municipal Finance Authority, Series A, RB, 5.000%, 06/01/50 |
1,750,000 | 2,002,927 | ||||||
California State, GO, 5.000%, 09/01/30 |
1,000,000 | 1,197,670 | ||||||
California State, GO, 5.000%, 08/01/35 |
1,000,000 | 1,247,160 | ||||||
California State, GO, 5.000%, 09/01/45 |
2,500,000 | 3,158,075 | ||||||
California State, GO, 6.500%, 04/01/33(b) |
2,000,000 | 2,316,600 | ||||||
Los Angeles Department of Airports, Series A, AMT, RB, 4.000%, 05/15/34 |
1,000,000 | 1,122,140 | ||||||
Los Angeles Department of Water, Series A, RB, 5.000%, 07/01/46 |
1,000,000 | 1,244,750 | ||||||
San Diego County Water Authority Financing Corp., Series B, RB, 5.000%, 05/01/38 |
2,500,000 | 3,148,775 | ||||||
San Diego Redevelopment Agency Successor, Series A, 5.000%, 09/01/28 |
500,000 | 638,390 | ||||||
San Diego Redevelopment Agency Successor, Series A, 5.000%, 09/01/29 |
405,000 | 514,480 | ||||||
San Francisco City & County Redevelopment Agency, Series B, 5.000%, 08/01/43, NATL-RE |
1,100,000 | 1,368,213 | ||||||
Santa Clara Valley Water District, Series A, RB, 5.000%, 06/01/46 |
1,000,000 | 1,244,720 | ||||||
University of California, Series AR, RB, 5.000%, 05/15/46 |
1,000,000 | 1,253,340 | ||||||
|
|
|||||||
29,510,501 | ||||||||
|
|
|||||||
Connecticut 2.0% |
||||||||
South Central Connecticut Regional Water Authority, Series B, RB, 5.000%, 08/01/37 |
1,900,000 | 2,369,091 | ||||||
|
|
|||||||
District of Columbia 2.0% |
||||||||
District of Columbia, Income Tax, Series A, RB, 5.500%, 12/01/30(b) |
2,000,000 | 2,319,000 | ||||||
|
|
|||||||
Florida 4.9% |
||||||||
Orlando FL Contract Tourist DE, Series A, RB, 5.250%, 11/01/32 |
1,000,000 | 1,246,100 | ||||||
Tampa Bay Water, Series A, RB, 5.000%, 10/01/37 |
3,500,000 | 4,435,445 | ||||||
|
|
|||||||
5,681,545 | ||||||||
|
|
|||||||
Georgia 1.3% |
||||||||
Fulton County Development Authority, Georgia Tech Athletic Association, RB, 5.750%, 10/01/36 |
1,250,000 | 1,482,538 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Idaho 2.4% |
| |||||||
Idaho Health Facilities Authority, Series A, RB, 6.750%, 11/01/37(b) |
2,500,000 | 2,822,975 | ||||||
|
|
|||||||
Illinois 5.8% |
||||||||
Chicago OHare International Airport, Series A, AMT, RB, 5.000%, 01/01/33 |
1,100,000 | 1,301,157 | ||||||
Chicago OHare International Airport, Series B, RB, 5.000%, 01/01/33(b) |
3,500,000 | 4,259,220 | ||||||
University of Illinois, Auxiliary Facilities System, Series A, RB, 5.750%, 04/01/38 |
1,000,000 | 1,135,230 | ||||||
|
|
|||||||
6,695,607 | ||||||||
|
|
|||||||
Kansas 1.5% |
||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38(b) |
1,500,000 | 1,738,575 | ||||||
|
|
|||||||
Maine 3.5% |
||||||||
Eastern Maine Healthcare Systems Obligated Group, Series A, RB, 5.000%, 07/01/46(c) |
1,000,000 | 1,160,900 | ||||||
Maine State Turnpike Authority, RB, 6.000%, 07/01/38(b) |
2,500,000 | 2,889,000 | ||||||
|
|
|||||||
4,049,900 | ||||||||
|
|
|||||||
Massachusetts 3.7% |
||||||||
Commonwealth of Massachusetts, Series A, GO, 5.000%, 04/01/25 |
1,500,000 | 1,781,070 | ||||||
Massachusetts Water Resources Authority, Series B, RB, 5.000%, 08/01/40 |
2,000,000 | 2,520,540 | ||||||
|
|
|||||||
4,301,610 | ||||||||
|
|
|||||||
Missouri 1.6% |
||||||||
Metropolitan St Louis Sewer District, Series B, RB, 5.000%, 05/01/45 |
1,500,000 | 1,858,665 | ||||||
|
|
|||||||
New York 8.9% |
||||||||
Erie County Industrial Development Agency, City School District Buffalo, Series A, RB, 5.750%, 05/01/29, BHAC-CR-AGM |
1,000,000 | 1,093,830 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, Series E-1, RB, 5.000%, 02/01/35 |
1,000,000 | 1,257,520 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, Series E-1, RB, 5.000%, 02/01/40 |
2,000,000 | 2,485,480 | ||||||
New York State Urban Development Corp., Series A, RB, 5.000%, 03/15/32 |
3,390,000 | 4,324,487 | ||||||
Utility Debt Securitization Authority, RB, 5.000%, 12/15/37 |
1,000,000 | 1,257,350 | ||||||
|
|
|||||||
10,418,667 | ||||||||
|
|
|||||||
Ohio 2.6% |
||||||||
Ohio State, Series C, GO, 5.000%, 09/15/16 |
3,005,000 | 3,033,698 | ||||||
|
|
|||||||
Tennessee 1.5% |
||||||||
Clarksville TN Water Sewer & Gas Revenue, RB, 5.000%, 02/01/41 |
1,435,000 | 1,783,332 | ||||||
|
|
|||||||
Texas 15.3% |
||||||||
Arlington Higher Education Finance Corp., Series A, RB, 5.000%, 08/15/39, PSF-GTD |
1,000,000 | 1,208,920 | ||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, PSF-GTD(b) |
4,000,000 | 4,374,160 | ||||||
Harris County, Series A, RB, 5.000%, 08/15/36(c) |
1,500,000 | 1,879,755 | ||||||
Lower Colorado River Authority, RB, 4.000%, 05/15/42 |
1,345,000 | 1,490,717 | ||||||
New Hope Cultural Education Facilities Financing Corp., Student Housing Corp., Series A, RB, 5.000%, 07/01/35 |
2,000,000 | 2,276,320 | ||||||
San Antonio TX Water System, Series A, RB, 5.000%, 05/15/33 |
2,000,000 | 2,535,200 | ||||||
San Antonio TX Water System, Series A, RB, 5.000%, 05/15/34 |
1,250,000 | 1,578,100 | ||||||
Texas State, Series C, GO, 5.250%, 08/01/16 |
2,500,000 | 2,510,450 | ||||||
|
|
|||||||
17,853,622 | ||||||||
|
|
|||||||
Virginia 2.1% |
||||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Series S, RB, 4.000%, 11/01/32 |
1,000,000 | 1,170,620 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Series S, RB, 5.000%, 11/01/46 |
1,000,000 | 1,262,850 | ||||||
|
|
|||||||
2,433,470 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Washington 3.2% |
| |||||||
Seattle Washington Municipal Light & Power, RB, 5.750%, 04/01/29, BHAC(b) |
1,635,000 | 1,861,398 | ||||||
Washington State, Series A, GO, 5.000%, 07/01/26, Pre-refunded 07/01/2017 @ 100 |
1,800,000 | 1,879,812 | ||||||
|
|
|||||||
3,741,210 | ||||||||
|
|
|||||||
Total Municipal Bonds (Cost $102,079,115) |
108,936,039 | |||||||
|
|
|||||||
Money Market Fund 8.4% |
||||||||
Federated Tax-Free Obligations Fund, Wealth Shares, 0.27%(d) |
9,716,141 | 9,716,141 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $9,716,141) |
9,716,141 | |||||||
|
|
|||||||
Total Investments |
118,652,180 | |||||||
Liabilities in Excess of Other Assets (1.9)% |
(2,172,350 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 116,479,830 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2016. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
AGC | Security guaranteed by Assured Guaranty Corporation |
AGM | Security guaranteed by Assured Guaranty Municipal Corporation |
AMT | Income subject to Alternative Minimum Tax |
BHAC | Security guaranteed by Berkshire Hathaway Assurance Corporation |
GO | General Obligation |
NATL-RE | Reinsurance provided by National Public Finance Guarantee Corporation |
PSF-GTD | Security guaranteed by Permanent School Fund Guarantee Program |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix High Income Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Bank Loans 2.7% |
||||||||
Broadcasting 0.3% |
||||||||
iHeartCommunications, Inc., Term Loan D, 7.210%, 01/30/19(a)(b) |
2,065,000 | 1,502,866 | ||||||
|
|
|||||||
Energy 0.3% |
||||||||
Templar Energy LLC, New 2nd Lien Term Loan, 8.500%, 11/25/20(b)(c)(d) |
6,572,409 | 1,643,102 | ||||||
|
|
|||||||
Healthcare 0.3% |
||||||||
inVentiv Health, Inc., Term Loan B4, 7.750%, 05/15/18(a)(b) |
1,925,000 | 1,920,188 | ||||||
|
|
|||||||
Metals/Minerals 0.3% |
||||||||
FMG Resources (August 2006) Pty Ltd., New Term Loan B, 4.250%, 06/30/19(a)(b) |
1,901,937 | 1,816,350 | ||||||
|
|
|||||||
Retail 0.8% |
||||||||
Sears Roebuck Acceptance Corp., 2015 Term Loan, 5.500%, 06/30/18(a)(b) |
4,931,039 | 4,688,580 | ||||||
|
|
|||||||
Service 0.7% |
||||||||
Asurion LLC, New 2nd Lien Term Loan, 8.500%, 03/03/21(a)(b) |
4,360,000 | 4,185,600 | ||||||
|
|
|||||||
Total Bank Loans (Cost $21,256,897) |
|
15,756,686 | ||||||
|
|
|||||||
Corporate Bonds 91.5% |
||||||||
Advertising 0.3% |
||||||||
MDC Partners, Inc., 6.500%, 05/01/24(a) |
1,550,000 | 1,538,375 | ||||||
|
|
|||||||
Aerospace/Defense 0.7% |
||||||||
TransDigm, Inc., 6.000%, 07/15/22 |
2,550,000 | 2,563,209 | ||||||
TransDigm, Inc., 7.500%, 07/15/21 |
1,390,000 | 1,473,400 | ||||||
|
|
|||||||
4,036,609 | ||||||||
|
|
|||||||
Airlines 2.0% |
||||||||
Air Canada, 8.750%, 04/01/20(a) |
615,000 | 650,363 | ||||||
Air Canada Pass Through Trust, Series 2013-1, Cl C, 6.625%, 05/15/18(a) |
875,000 | 894,687 | ||||||
Air Canada Pass Through Trust, Series 2015-1, Cl C, 5.000%, 03/15/20(a) |
543,000 | 522,638 | ||||||
American Airlines Pass Through Trust, Series 2013-2, Cl B, 5.600%, 07/15/20(a) |
3,531,917 | 3,637,874 | ||||||
United Airlines Pass Through Trust, Series 2014-1, Cl B, 4.750%, 04/11/22 |
2,858,870 | 2,883,885 | ||||||
US Airways Pass Through Trust, Series 2012-2, Cl B, 6.750%, 06/03/21 |
2,900,602 | 3,103,644 | ||||||
|
|
|||||||
11,693,091 | ||||||||
|
|
|||||||
Auto Manufacturers 0.0%(e) |
||||||||
Motors Liquidation Co. Escrow, 7.200% (c)(d)(f)(g)(h) |
17,182,000 | | ||||||
Motors Liquidation Co. Escrow, 8.375% (c)(d)(f)(g)(h) |
36,800,000 | | ||||||
|
|
|||||||
| ||||||||
|
|
|||||||
Auto Parts & Equipment 0.2% |
||||||||
Deck Chassis Acquisition, Inc., 10.000%, 06/15/23(a) |
848,000 | 877,680 | ||||||
|
|
|||||||
Banks 0.8% |
||||||||
Provident Funding Associates LP/PFG Finance Corp., 6.750%, 06/15/21(a) |
4,740,000 | 4,491,150 | ||||||
|
|
|||||||
Biotechnology 0.5% |
||||||||
Concordia International Corp., 9.500%, 10/21/22(a)(f) |
3,093,000 | 2,884,223 | ||||||
|
|
|||||||
Building Materials 0.6% |
||||||||
Summit Materials LLC/Summit Materials Finance Corp., 8.500%, 04/15/22(a) |
1,345,000 | 1,424,019 | ||||||
USG Corp., 5.875%, 11/01/21(a) |
1,730,000 | 1,810,012 | ||||||
|
|
|||||||
3,234,031 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Chemicals 2.4% |
| |||||||
Blue Cube Spinco, Inc., 9.750%, 10/15/23(a) |
2,543,000 | 2,943,522 | ||||||
Blue Cube Spinco, Inc., 10.000%, 10/15/25(a) |
420,000 | 485,100 | ||||||
Chemours Co. (The), 7.000%, 05/15/25(f) |
3,385,000 | 2,839,169 | ||||||
CVR Partners LP/CVR Nitrogen Finance Corp., 9.250%, 06/15/23(a) |
1,485,000 | 1,510,987 | ||||||
GCP Applied Technologies, Inc., 9.500%, 02/01/23(a) |
1,317,000 | 1,471,748 | ||||||
Kraton Polymers LLC/Kraton Polymers Capital Corp., 10.500%, 04/15/23(a) |
1,340,000 | 1,427,100 | ||||||
Platform Specialty Products Corp., 10.375%, 05/01/21(a) |
3,460,000 | 3,485,950 | ||||||
|
|
|||||||
14,163,576 | ||||||||
|
|
|||||||
Coal 1.1% |
||||||||
CONSOL Energy, Inc., 5.875%, 04/15/22 |
3,845,000 | 3,354,763 | ||||||
CONSOL Energy, Inc., 8.000%, 04/01/23(f) |
3,415,000 | 3,022,275 | ||||||
|
|
|||||||
6,377,038 | ||||||||
|
|
|||||||
Commercial Services 2.3% |
||||||||
Flexi-Van Leasing, Inc., 7.875%, 08/15/18(a) |
835,000 | 809,950 | ||||||
Hertz Corp. (The), 4.250%, 04/01/18(f) |
180,000 | 181,800 | ||||||
Hertz Corp. (The), 6.750%, 04/15/19 |
1,469,000 | 1,499,709 | ||||||
Laureate Education, Inc., 9.250%, 09/01/19(a)(f) |
2,260,000 | 1,977,500 | ||||||
Prime Security Services Borrower LLC/Prime Finance, Inc., 9.250%, 05/15/23(a) |
1,035,000 | 1,097,100 | ||||||
Quad/Graphics, Inc., 7.000%, 05/01/22 |
2,715,000 | 2,395,988 | ||||||
Rent-A-Center, Inc., 4.750%, 05/01/21 |
560,000 | 467,600 | ||||||
Rent-A-Center, Inc., 6.625%, 11/15/20(f) |
220,000 | 209,550 | ||||||
TMS International Corp., 7.625%, 10/15/21(d) |
4,350,000 | 3,023,250 | ||||||
United Rentals North America, Inc., 7.625%, 04/15/22 |
1,680,000 | 1,793,400 | ||||||
|
|
|||||||
13,455,847 | ||||||||
|
|
|||||||
Computers 3.2% |
||||||||
Harland Clarke Holdings Corp., 6.875%, 03/01/20(a) |
1,680,000 | 1,545,600 | ||||||
Harland Clarke Holdings Corp., 9.250%, 03/01/21(a) |
3,290,000 | 2,750,933 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(a) |
8,877,000 | 9,010,155 | ||||||
Project Homestake Merger Corp., 8.875%, 03/01/23(a) |
1,990,000 | 2,059,650 | ||||||
Western Digital Corp., 10.500%, 04/01/24(a) |
2,775,000 | 2,969,250 | ||||||
|
|
|||||||
18,335,588 | ||||||||
|
|
|||||||
Distribution/Wholesale 0.4% |
||||||||
Univar USA, Inc., 6.750%, 07/15/23(a) |
2,330,000 | 2,300,875 | ||||||
|
|
|||||||
Diversified Financial Services 10.7% |
||||||||
AerCap Ireland Capital Ltd./AerCap Global Aviation Trust, 4.625%, 10/30/20 |
1,325,000 | 1,373,694 | ||||||
Ally Financial, Inc., 3.250%, 11/05/18 |
5,692,000 | 5,684,885 | ||||||
Ally Financial, Inc., 7.500%, 09/15/20 |
3,709,000 | 4,135,535 | ||||||
Ally Financial, Inc., 8.000%, 03/15/20 |
2,619,000 | 2,946,375 | ||||||
International Lease Finance Corp., 6.250%, 05/15/19 |
2,450,000 | 2,624,563 | ||||||
International Lease Finance Corp., 8.250%, 12/15/20 |
10,560,000 | 12,485,299 | ||||||
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.375%, 04/01/20(a) |
2,850,000 | 2,639,812 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 08/01/18 |
4,640,000 | 4,489,200 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 07/01/21 |
3,171,000 | 2,711,205 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 7.875%, 10/01/20(f) |
3,890,000 | 3,646,875 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 9.625%, 05/01/19(f) |
1,025,000 | 1,060,875 | ||||||
Navient Corp., 4.875%, 06/17/19, MTN |
2,600,000 | 2,509,000 | ||||||
Navient Corp., 5.000%, 10/26/20 |
2,010,000 | 1,884,375 | ||||||
Navient Corp., 5.500%, 01/15/19, MTN |
875,000 | 876,663 | ||||||
Navient Corp., 8.000%, 03/25/20, MTN |
1,855,000 | 1,895,587 | ||||||
Navient Corp., 8.450%, 06/15/18, MTN |
1,805,000 | 1,951,656 | ||||||
OneMain Financial Holdings LLC, 7.250%, 12/15/21(a) |
1,720,000 | 1,646,900 | ||||||
Quicken Loans, Inc., 5.750%, 05/01/25(a) |
6,325,000 | 6,103,625 | ||||||
Walter Investment Management Corp., 7.875%, 12/15/21(f) |
2,905,000 | 1,427,081 | ||||||
|
|
|||||||
62,093,205 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Electric 2.0% |
| |||||||
Dynegy, Inc., 6.750%, 11/01/19 |
4,785,000 | 4,790,981 | ||||||
Dynegy, Inc., 7.375%, 11/01/22 |
1,220,000 | 1,177,300 | ||||||
Dynegy, Inc., 7.625%, 11/01/24 |
615,000 | 590,400 | ||||||
GenOn Energy, Inc., 7.875%, 06/15/17 |
1,706,000 | 1,433,040 | ||||||
GenOn Energy, Inc., 9.500%, 10/15/18 |
1,045,000 | 830,775 | ||||||
NRG Energy, Inc., 7.875%, 05/15/21 |
640,000 | 662,400 | ||||||
NRG Energy, Inc., 8.250%, 09/01/20 |
1,895,000 | 1,959,563 | ||||||
|
|
|||||||
11,444,459 | ||||||||
|
|
|||||||
Electrical Components & Equipment 0.3% |
||||||||
WESCO Distribution, Inc., 5.375%, 06/15/24(a) |
1,750,000 | 1,750,000 | ||||||
|
|
|||||||
Electronics 0.3% |
||||||||
Allegion PLC, 5.875%, 09/15/23 |
1,743,000 | 1,847,580 | ||||||
|
|
|||||||
Entertainment 0.9% |
||||||||
EMI Music Publishing Group North America Holdings, Inc., 7.625%, 06/15/24(a) |
852,000 | 875,430 | ||||||
Greektown Holdings LLC/Greektown Mothership Corp., 8.875%, 03/15/19(a)(f) |
2,355,000 | 2,443,313 | ||||||
WMG Acquisition Corp., 5.625%, 04/15/22(a)(f) |
1,778,000 | 1,818,005 | ||||||
|
|
|||||||
5,136,748 | ||||||||
|
|
|||||||
Environmental Control 0.4% |
||||||||
GFL Environmental, Inc., 9.875%, 02/01/21(a) |
2,001,000 | 2,131,065 | ||||||
|
|
|||||||
Food 2.1% |
||||||||
JBS USA LLC/JBS USA Finance, Inc., 5.750%, 06/15/25(a) |
2,515,000 | 2,364,100 | ||||||
JBS USA LLC/JBS USA Finance, Inc., 8.250%, 02/01/20(a) |
2,390,000 | 2,473,650 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22 |
3,390,000 | 3,563,738 | ||||||
Post Holdings, Inc., 8.000%, 07/15/25(a)(f) |
1,960,000 | 2,173,150 | ||||||
US Foods, Inc., 5.875%, 06/15/24(a) |
1,706,000 | 1,748,650 | ||||||
|
|
|||||||
12,323,288 | ||||||||
|
|
|||||||
Forest Products & Paper 0.4% |
||||||||
Resolute Forest Products, Inc., 5.875%, 05/15/23(f) |
2,984,000 | 2,349,900 | ||||||
|
|
|||||||
Healthcare - Products 1.1% |
||||||||
Greatbatch Ltd., 9.125%, 11/01/23(a) |
2,582,000 | 2,572,318 | ||||||
Kinetic Concepts, Inc./KCI USA, Inc., 10.500%, 11/01/18 |
2,405,000 | 2,392,975 | ||||||
Teleflex, Inc., 5.250%, 06/15/24 |
1,208,000 | 1,220,080 | ||||||
|
|
|||||||
6,185,373 | ||||||||
|
|
|||||||
Healthcare - Services 8.2% |
||||||||
Centene Escrow Corp., 5.625%, 02/15/21(a) |
4,380,000 | 4,566,150 | ||||||
CHS/Community Health Systems, Inc., 5.125%, 08/01/21 |
2,000,000 | 1,985,000 | ||||||
CHS/Community Health Systems, Inc., 6.875%, 02/01/22 |
2,335,000 | 2,043,125 | ||||||
CHS/Community Health Systems, Inc., 8.000%, 11/15/19(f) |
4,760,000 | 4,658,850 | ||||||
HCA Holdings, Inc., 6.250%, 02/15/21 |
2,865,000 | 3,058,388 | ||||||
HCA, Inc., 6.500%, 02/15/20 |
2,215,000 | 2,450,344 | ||||||
IASIS Healthcare LLC/IASIS Capital Corp., 8.375%, 05/15/19 |
2,375,000 | 2,281,484 | ||||||
inVentiv Health, Inc., 9.000%, 01/15/18(a) |
3,170,000 | 3,257,175 | ||||||
Kindred Healthcare, Inc., 8.000%, 01/15/20 |
2,595,000 | 2,582,025 | ||||||
LifePoint Health, Inc., 5.875%, 12/01/23 |
940,000 | 977,600 | ||||||
MPH Acquisition Holdings LLC, 7.125%, 06/01/24(a) |
1,398,000 | 1,467,900 | ||||||
Prospect Medical Holdings, Inc., 8.375%, 05/01/19(a) |
2,167,000 | 2,253,680 | ||||||
Quorum Health Corp., 11.625%, 04/15/23(a)(f) |
1,730,000 | 1,738,650 | ||||||
Tenet Healthcare Corp., 6.000%, 10/01/20 |
2,815,000 | 2,969,825 | ||||||
Tenet Healthcare Corp., 8.000%, 08/01/20(f) |
680,000 | 696,150 | ||||||
Tenet Healthcare Corp., 8.125%, 04/01/22 |
8,730,000 | 8,946,504 | ||||||
WellCare Health Plans, Inc., 5.750%, 11/15/20 |
1,375,000 | 1,421,406 | ||||||
|
|
|||||||
47,354,256 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Home Builders 2.8% | ||||||||
Brookfield Residential Properties, Inc., 6.500%, 12/15/20(a) |
470,000 | 468,825 | ||||||
CalAtlantic Group, Inc., 5.875%, 11/15/24 |
1,650,000 | 1,699,500 | ||||||
DR Horton, Inc., 4.000%, 02/15/20 |
1,095,000 | 1,127,850 | ||||||
Lennar Corp., 4.750%, 04/01/21 |
2,185,000 | 2,272,400 | ||||||
Mattamy Group Corp., 6.500%, 11/15/20(a) |
1,080,000 | 1,036,800 | ||||||
PulteGroup, Inc., 4.250%, 03/01/21(f) |
2,933,000 | 3,023,923 | ||||||
PulteGroup, Inc., 5.500%, 03/01/26 |
695,000 | 712,375 | ||||||
Shea Homes LP/Shea Homes Funding Corp., 5.875%, 04/01/23(a) |
1,665,000 | 1,648,350 | ||||||
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.250%, 04/15/21(a) |
935,000 | 932,663 | ||||||
TRI Pointe Group, Inc., 4.875%, 07/01/21 |
3,201,000 | 3,192,997 | ||||||
|
|
|||||||
16,115,683 | ||||||||
|
|
|||||||
Home Furnishings 0.3% |
||||||||
Tempur Sealy International, Inc., 5.500%, 06/15/26(a) |
1,492,000 | 1,465,890 | ||||||
|
|
|||||||
Household Products/Wares 0.1% |
||||||||
Century Intermediate Holding Co. 2, PIK, 9.750%, 02/15/19(a) |
863,000 | 875,945 | ||||||
|
|
|||||||
Insurance 1.1% |
||||||||
Assured Guaranty US Holdings, Inc., Series A, 6.400%, 12/15/66,Series A(b)(d) |
68,000 | 42,840 | ||||||
Radian Group, Inc., 5.500%, 06/01/19(f) |
2,880,000 | 2,991,600 | ||||||
Radian Group, Inc., 7.000%, 03/15/21 |
3,082,000 | 3,295,829 | ||||||
|
|
|||||||
6,330,269 | ||||||||
|
|
|||||||
Internet 0.3% |
||||||||
Zayo Group LLC/Zayo Capital, Inc., 6.000%, 04/01/23 |
1,770,000 | 1,796,550 | ||||||
|
|
|||||||
Iron/Steel 0.7% |
||||||||
Signode Industrial Group Lux SA/Signode Industrial Group US, Inc., 6.375%, 05/01/22(a) |
1,205,000 | 1,152,281 | ||||||
Steel Dynamics, Inc., 5.125%, 10/01/21 |
2,840,000 | 2,907,450 | ||||||
|
|
|||||||
4,059,731 | ||||||||
|
|
|||||||
Leisure Time 0.5% |
||||||||
NCL Corp. Ltd., 5.250%, 11/15/19(a) |
1,175,000 | 1,186,750 | ||||||
Viking Cruises Ltd., 8.500%, 10/15/22(a) |
2,250,000 | 1,918,125 | ||||||
|
|
|||||||
3,104,875 | ||||||||
|
|
|||||||
Lodging 1.1% |
||||||||
Boyd Gaming Corp., 9.000%, 07/01/20 |
935,000 | 982,334 | ||||||
Downstream Development Authority of the Quapaw Tribe of Oklahoma, 10.500%, 07/01/19(a) |
2,295,000 | 2,211,806 | ||||||
MGM Resorts International, 6.000%, 03/15/23(f) |
2,290,000 | 2,415,950 | ||||||
MGM Resorts International, 6.750%, 10/01/20 |
545,000 | 595,413 | ||||||
|
|
|||||||
6,205,503 | ||||||||
|
|
|||||||
Media 7.1% |
||||||||
Altice Luxembourg SA, 7.750%, 05/15/22(a) |
2,475,000 | 2,499,750 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 09/01/23 |
1,060,000 | 1,097,100 | ||||||
Cequel Communications Holdings I LLC/Cequel Capital Corp., 5.125%, 12/15/21(a) |
1,940,000 | 1,847,850 | ||||||
Cequel Communications Holdings I LLC/Cequel Capital Corp., 6.375%, 09/15/20(a) |
320,000 | 325,376 | ||||||
Cequel Communications Holdings I LLC/Cequel Capital Corp., 7.750%, 07/15/25(a)(f) |
5,345,000 | 5,572,162 | ||||||
Clear Channel Worldwide Holdings, Inc., Series B, 6.500%, 11/15/22 |
1,475,000 | 1,475,000 | ||||||
DISH DBS Corp., 5.125%, 05/01/20 |
9,991,000 | 10,159,598 | ||||||
DISH DBS Corp., 7.750%, 07/01/26(a) |
1,465,000 | 1,508,950 | ||||||
DISH DBS Corp., 7.875%, 09/01/19 |
2,310,000 | 2,546,775 | ||||||
iHeartCommunications, Inc., 10.625%, 03/15/23 |
465,000 | 322,013 | ||||||
Lee Enterprises, Inc., 9.500%, 03/15/22(a)(f) |
2,375,000 | 2,339,375 |
See Notes to Schedules of Portfolio Investments.
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance, 7.875%, 05/15/24(a)(f) |
2,745,000 | 2,841,075 | ||||||
MHGE Parent LLC/MHGE Parent Finance, Inc., 8.500%, 08/01/19(a)(f) |
1,435,000 | 1,449,350 | ||||||
Numericable-SFR SA, 7.375%, 05/01/26(a) |
1,100,000 | 1,087,625 | ||||||
Univision Communications, Inc., 6.750%, 09/15/22(a) |
1,434,000 | 1,512,870 | ||||||
VTR Finance BV, 6.875%, 01/15/24(a) |
3,000,000 | 2,990,940 | ||||||
WideOpenWest Finance LLC/WideOpenWest Capital Corp., 10.250%, 07/15/19 |
1,705,000 | 1,764,675 | ||||||
|
|
|||||||
41,340,484 | ||||||||
|
|
|||||||
Metal Fabricate/Hardware 0.4% |
||||||||
Zekelman Industries, Inc., 9.875%, 06/15/23(a)(f) |
2,365,000 | 2,388,650 | ||||||
|
|
|||||||
Mining 0.6% |
||||||||
Imperial Metals Corp., 7.000%, 03/15/19(d)(f) |
3,138,000 | 2,816,355 | ||||||
Kaiser Aluminum Corp., 5.875%, 05/15/24(a) |
624,000 | 641,160 | ||||||
|
|
|||||||
3,457,515 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 1.5% |
||||||||
Bombardier, Inc., 7.500%, 03/15/18(a) |
7,005,000 | 7,197,638 | ||||||
Gates Global LLC/Gates Global Co., 6.000%, 07/15/22(a) |
1,415,000 | 1,238,125 | ||||||
|
|
|||||||
8,435,763 | ||||||||
|
|
|||||||
Oil & Gas 8.8% |
||||||||
Antero Resources Corp., 6.000%, 12/01/20 |
4,289,000 | 4,335,493 | ||||||
Atwood Oceanics, Inc., 6.500%, 02/01/20(f) |
3,400,000 | 2,521,100 | ||||||
Cheniere Corpus Christi Holdings LLC, 7.000%, 06/30/24(a) |
1,190,000 | 1,221,987 | ||||||
Chesapeake Energy Corp., 5.750%, 03/15/23(f) |
3,355,000 | 2,147,200 | ||||||
Chesapeake Energy Corp., 6.625%, 08/15/20(f) |
4,490,000 | 3,154,225 | ||||||
Chesapeake Energy Corp., 6.875%, 11/15/20 |
5,310,000 | 3,690,450 | ||||||
CITGO Petroleum Corp., 6.250%, 08/15/22(a) |
1,870,000 | 1,790,525 | ||||||
Concho Resources, Inc., 7.000%, 01/15/21 |
1,015,000 | 1,042,913 | ||||||
Continental Resources, Inc., 7.125%, 04/01/21 |
80,000 | 82,600 | ||||||
Eclipse Resources Corp., 8.875%, 07/15/23 |
3,405,000 | 3,217,725 | ||||||
Halcon Resources Corp., 8.625%, 02/01/20(a)(f) |
3,095,000 | 2,918,956 | ||||||
Hilcorp Energy I LP/Hilcorp Finance Co., 7.625%, 04/15/21(a) |
4,159,000 | 4,273,372 | ||||||
Linn Energy LLC/Linn Energy Finance Corp., 8.625%, 04/15/20(c) |
6,487,000 | 1,110,899 | ||||||
PBF Holding Co. LLC/PBF Finance Corp., 7.000%, 11/15/23(a) |
1,665,000 | 1,608,806 | ||||||
Precision Drilling Corp., 5.250%, 11/15/24 |
885,000 | 708,000 | ||||||
Precision Drilling Corp., 6.625%, 11/15/20 |
1,689,844 | 1,533,533 | ||||||
Range Resources Corp., 5.750%, 06/01/21 |
2,659,000 | 2,599,172 | ||||||
Rice Energy, Inc., 6.250%, 05/01/22 |
1,800,000 | 1,786,500 | ||||||
SandRidge Energy, Inc., 8.125%, 10/15/22(c) |
1,935,000 | 111,263 | ||||||
SandRidge Energy, Inc., 8.750%, 06/01/20(a)(c) |
1,615,000 | 662,150 | ||||||
Seven Generations Energy Ltd., 6.750%, 05/01/23(a)(f) |
1,796,000 | 1,809,470 | ||||||
Southwestern Energy Co., 7.500%, 02/01/18 |
5,340,000 | 5,673,750 | ||||||
Sunoco LP/Sunoco Finance Corp., 6.250%, 04/15/21(a) |
1,715,000 | 1,710,713 | ||||||
Whiting Petroleum Corp., 5.000%, 03/15/19(f) |
1,305,000 | 1,200,600 | ||||||
|
|
|||||||
50,911,402 | ||||||||
|
|
|||||||
Oil & Gas Services 0.9% |
||||||||
FTS International, Inc., 8.153%, 06/15/20(a)(b) |
2,095,000 | 1,759,995 | ||||||
KCA Deutag UK Finance PLC, 7.250%, 05/15/21(d) |
2,005,000 | 1,503,750 | ||||||
SESI LLC, 6.375%, 05/01/19 |
1,381,000 | 1,329,212 | ||||||
SESI LLC, 7.125%, 12/15/21 |
790,000 | 760,375 | ||||||
|
|
|||||||
5,353,332 | ||||||||
|
|
|||||||
Packaging & Containers 1.4% |
||||||||
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 6.250%, 01/31/19(a) |
585,000 | 594,506 | ||||||
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 7.250%, 05/15/24(a) |
1,155,000 | 1,178,822 | ||||||
Ball Corp., 4.375%, 12/15/20 |
1,410,000 | 1,483,144 | ||||||
Berry Plastics Corp., 5.500%, 05/15/22 |
1,120,000 | 1,146,600 |
See Notes to Schedules of Portfolio Investments.
Berry Plastics Corp., 6.000%, 10/15/22 |
1,115,000 | 1,152,631 | ||||||
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu, 5.125%, 07/15/23(a) |
1,380,000 | 1,397,250 | ||||||
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu, 7.000%, 07/15/24(a) |
938,000 | 965,671 | ||||||
|
|
|||||||
7,918,624 | ||||||||
|
|
|||||||
Pharmaceuticals 3.4% |
||||||||
Endo Finance LLC/Endo Finco, Inc., 7.750%, 01/15/22(a) |
2,495,000 | 2,314,112 | ||||||
Endo Finance LLC/Endo Ltd./Endo Finco, Inc., 6.000%, 07/15/23(a) |
4,775,000 | 4,178,125 | ||||||
Horizon Pharma, Inc., 6.625%, 05/01/23(f) |
1,080,000 | 1,004,400 | ||||||
Valeant Pharmaceuticals International, 6.750%, 08/15/21(a) |
2,620,000 | 2,233,550 | ||||||
Valeant Pharmaceuticals International, 7.000%, 10/01/20(a)(f) |
5,630,000 | 4,968,475 | ||||||
Valeant Pharmaceuticals International, Inc., 6.750%, 08/15/18(a)(f) |
5,280,000 | 5,108,400 | ||||||
|
|
|||||||
19,807,062 | ||||||||
|
|
|||||||
Pipelines 4.9% |
||||||||
Kinder Morgan Energy Partners LP, 9.000%, 02/01/19 |
3,825,000 | 4,355,784 | ||||||
Rockies Express Pipeline LLC, 5.625%, 04/15/20(a) |
390,000 | 390,975 | ||||||
Rockies Express Pipeline LLC, 6.000%, 01/15/19(a) |
3,175,000 | 3,230,562 | ||||||
Rockies Express Pipeline LLC, 6.850%, 07/15/18(a) |
1,241,000 | 1,287,537 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 02/01/21 |
10,145,000 | 10,246,450 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 03/01/25 |
670,000 | 667,488 | ||||||
Sabine Pass Liquefaction LLC, 5.875%, 06/30/26(a) |
2,615,000 | 2,624,806 | ||||||
Targa Resources Partners LP/Targa Resources Partners Finance Corp., 5.000%, 01/15/18 |
605,000 | 615,588 | ||||||
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 5.500%, 10/15/19(f) |
3,004,000 | 3,139,180 | ||||||
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 6.125%, 10/15/21 |
1,755,000 | 1,816,425 | ||||||
|
|
|||||||
28,374,795 | ||||||||
|
|
|||||||
Private Equity 0.5% |
||||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 6.000%, 08/01/20 |
2,890,000 | 2,853,875 | ||||||
|
|
|||||||
Real Estate 1.9% |
||||||||
Greystar Real Estate Partners LLC, 8.250%, 12/01/22(a) |
370,000 | 381,100 | ||||||
Howard Hughes Corp. (The), 6.875%, 10/01/21(a) |
5,195,000 | 5,233,962 | ||||||
Realogy Group LLC/Realogy Co-Issuer Corp., 4.875%, 06/01/23(a) |
3,220,000 | 3,179,750 | ||||||
Realogy Group LLC/Realogy Co-Issuer Corp., 5.250%, 12/01/21(a) |
2,285,000 | 2,339,269 | ||||||
|
|
|||||||
11,134,081 | ||||||||
|
|
|||||||
Real Estate Investment Trust 2.6% |
||||||||
iStar, Inc., 5.000%, 07/01/19 |
1,450,000 | 1,352,125 | ||||||
iStar, Inc., 6.500%, 07/01/21 |
3,353,000 | 3,168,585 | ||||||
iStar, Inc., 7.125%, 02/15/18 |
5,765,000 | 5,909,125 | ||||||
iStar, Inc., 9.000%, 06/01/17 |
2,220,000 | 2,306,025 | ||||||
VEREIT Operating Partnership LP, 4.125%, 06/01/21 |
905,000 | 944,024 | ||||||
VEREIT Operating Partnership LP, 4.875%, 06/01/26 |
1,145,000 | 1,173,625 | ||||||
|
|
|||||||
14,853,509 | ||||||||
|
|
|||||||
Retail 2.6% |
||||||||
Family Dollar Stores, Inc., 5.000%, 02/01/21 |
420,000 | 445,200 | ||||||
Guitar Center, Inc., 6.500%, 04/15/19(a)(f) |
2,605,000 | 2,240,300 | ||||||
JC Penney Corp., Inc., 8.125%, 10/01/19 |
1,250,000 | 1,293,363 | ||||||
Landrys Holdings II, Inc., 10.250%, 01/01/18(a) |
720,000 | 727,200 | ||||||
Mens Wearhouse, Inc. (The), 7.000%, 07/01/22(f) |
3,140,000 | 2,637,600 | ||||||
New Albertsons, Inc., 7.450%, 08/01/29 |
1,050,000 | 1,018,500 | ||||||
Rite Aid Corp., 6.125%, 04/01/23(a) |
3,700,000 | 3,949,750 | ||||||
Rite Aid Corp., 6.750%, 06/15/21 |
2,515,000 | 2,647,037 | ||||||
|
|
|||||||
14,958,950 | ||||||||
|
|
|||||||
Software 1.1% |
||||||||
First Data Corp., 5.375%, 08/15/23(a) |
1,105,000 | 1,122,139 | ||||||
First Data Corp., 7.000%, 12/01/23(a) |
3,215,000 | 3,255,187 | ||||||
Infor US, Inc., 6.500%, 05/15/22 |
730,000 | 689,397 | ||||||
Informatica LLC, 7.125%, 07/15/23(a)(f) |
310,000 | 293,725 | ||||||
Solera LLC/Solera Finance, Inc., 10.500%, 03/01/24(a) |
1,090,000 | 1,145,863 | ||||||
|
|
|||||||
6,506,311 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Telecommunication Services 4.6% |
| |||||||
Avaya, Inc., 9.000%, 04/01/19(a)(f) |
580,000 | 432,100 | ||||||
CenturyLink, Inc., Series Y, 7.500%, 04/01/24(f) |
3,060,000 | 3,086,775 | ||||||
Cogent Communications Finance, Inc., 5.625%, 04/15/21(a) |
185,000 | 181,300 | ||||||
Intelsat Jackson Holdings SA, 7.250%, 04/01/19(f) |
3,110,000 | 2,270,300 | ||||||
Sprint Communications, Inc., 11.500%, 11/15/21 |
3,045,000 | 3,008,460 | ||||||
Sprint Corp., 7.875%, 09/15/23 |
3,810,000 | 3,114,675 | ||||||
T-Mobile USA, Inc., 6.542%, 04/28/20 |
1,940,000 | 2,000,625 | ||||||
T-Mobile USA, Inc., 6.633%, 04/28/21 |
2,490,000 | 2,602,050 | ||||||
Trilogy International Partners LLC/Trilogy International Finance, Inc., 13.375%, 05/15/19(d) |
5,795,000 | 5,809,487 | ||||||
ViaSat, Inc., 6.875%, 06/15/20 |
2,745,000 | 2,834,213 | ||||||
West Corp., 5.375%, 07/15/22(a) |
1,565,000 | 1,455,450 | ||||||
|
|
|||||||
26,795,435 | ||||||||
|
|
|||||||
Transportation 1.4% |
||||||||
Eletson Holdings, 9.625%, 01/15/22(d) |
1,730,000 | 1,349,400 | ||||||
Florida East Coast Holdings Corp., 6.750%, 05/01/19(a) |
2,985,000 | 2,970,075 | ||||||
Hornbeck Offshore Services, Inc., 1.500%, 09/01/19 |
1,985,000 | 1,138,894 | ||||||
Hornbeck Offshore Services, Inc., 5.000%, 03/01/21(d) |
4,575,000 | 2,710,687 | ||||||
|
|
|||||||
8,169,056 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $533,736,373) |
|
529,217,247 | ||||||
|
|
|||||||
Convertible Preferred Stock 0.1% |
||||||||
Telecommunication Services 0.1% |
||||||||
T-Mobile US, Inc., 5.500%, 12/15/17 |
8,965 | 659,734 | ||||||
|
|
|||||||
Total Convertible Preferred Stock (Cost $448,250) |
|
659,734 | ||||||
|
|
|||||||
Preferred Stock 0.5% |
||||||||
Banks 0.5% |
||||||||
GMAC Capital Trust I, Series 2, 6.411%(b) |
121,110 | 3,005,950 | ||||||
|
|
|||||||
Total Preferred Stock (Cost $3,027,750) |
|
3,005,950 | ||||||
|
|
|||||||
Common Stocks 0.9% |
||||||||
Auto Manufacturers 0.7% |
||||||||
General Motors Co. |
143,362 | 4,057,145 | ||||||
|
|
|||||||
Telecommunication Services 0.2% |
||||||||
NII Holding, Inc.*(f) |
284,455 | 904,567 | ||||||
|
|
|||||||
Total Common Stocks (Cost $8,466,782) |
|
4,961,712 | ||||||
|
|
|||||||
Money Market Funds 15.7% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(i) |
25,916,903 | 25,916,903 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(i)(j) |
64,760,480 | 64,760,480 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $90,677,383) |
|
90,677,383 | ||||||
|
|
|||||||
Total Investments |
644,278,712 | |||||||
Liabilities in Excess of Other Assets (11.4)% |
(65,764,723 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 578,513,989 | ||||||
|
|
* | Non-income producing security. |
See Notes to Schedules of Portfolio Investments.
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 41.2% of net assets as of June 30, 2016. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(c) | Security is in default. |
(d) | The Funds investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(e) | Less than 0.05% of Net Assets. |
(f) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was $59,589,485. |
(g) | Valued at fair value using procedures approved by the Board of Trustees (See Note 2(a)). Fair valued securities held by the Fund represent 0.0% of net assets as of June 30, 2016. |
(h) | Perpetual maturity. |
(i) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(j) | Purchased with cash collateral held from securities lending. The total value of the collateral held by the Fund was $65,731,388. The total value of the collateral includes non-cash U.S. Government securities collateral having a value of $970,908. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviations
MTN | Medium Term Note |
PIK | Payment in-kind |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix High Yield Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Bank Loans 3.4% |
||||||||
Chemicals 0.4% |
||||||||
Kraton Polymers LLC, Term Loan B, 6.000%, 01/06/22(a)(b) |
2,220,000 | 2,184,857 | ||||||
|
|
|||||||
Energy 0.3% |
||||||||
Templar Energy LLC, New 2nd Lien Term Loan, 8.500%, 11/25/20(a)(c)(d) |
5,525,271 | 1,381,318 | ||||||
|
|
|||||||
Healthcare 0.9% |
||||||||
Concordia Healthcare Corp., 2015 Term Loan, 10/21/21(b)(e)(f) |
1,346,617 | 1,288,712 | ||||||
inVentiv Health, Inc., Term Loan B4, 7.750%, 05/15/18(a)(b) |
1,735,000 | 1,730,662 | ||||||
Quorum Health Corp., Term Loan B, 6.750%, 04/29/22(a)(b) |
1,995,000 | 1,997,494 | ||||||
|
|
|||||||
5,016,868 | ||||||||
|
|
|||||||
Metals/Minerals 0.3% |
||||||||
FMG Resources (August 2006) Pty Ltd., New Term Loan B, 4.250%, 06/30/19(a)(b) |
1,779,001 | 1,698,946 | ||||||
|
|
|||||||
Retail 0.8% |
||||||||
Sears Roebuck Acceptance Corp., 2015 Term Loan, 5.500%, 06/30/18(a)(b) |
4,272,297 | 4,062,229 | ||||||
|
|
|||||||
Service 0.7% |
||||||||
Asurion LLC, New Term Loan B1, 5.000%, 05/24/19(a)(b) |
2,213,501 | 2,200,132 | ||||||
Laureate Education, Inc., Term Loan B, 06/15/18(b)(e)(f) |
1,695,565 | 1,639,747 | ||||||
|
|
|||||||
3,839,879 | ||||||||
|
|
|||||||
Total Bank Loans (Cost $22,171,977) |
18,184,097 | |||||||
|
|
|||||||
Corporate Bonds 89.5% |
||||||||
Advertising 0.2% |
||||||||
MDC Partners, Inc., 6.500%, 05/01/24(b) |
1,340,000 | 1,329,950 | ||||||
|
|
|||||||
Aerospace/Defense 0.5% |
||||||||
TransDigm, Inc., 6.000%, 07/15/22 |
1,355,000 | 1,362,019 | ||||||
TransDigm, Inc., 7.500%, 07/15/21 |
1,265,000 | 1,340,900 | ||||||
|
|
|||||||
2,702,919 | ||||||||
|
|
|||||||
Airlines 2.6% |
||||||||
Air Canada, 6.750%, 10/01/19(b) |
2,600,000 | 2,691,520 | ||||||
Air Canada, 8.750%, 04/01/20(b) |
560,000 | 592,200 | ||||||
Air Canada Pass Through Trust, Series 2013-1, Cl C, 6.625%, 05/15/18(b) |
790,000 | 807,775 | ||||||
Air Canada Pass Through Trust, Series 2015-1, Cl C, 5.000%, 03/15/20(b) |
490,000 | 471,625 | ||||||
American Airlines Pass Through Trust, Series 2013-2, Cl B, 5.600%, 01/15/22(b) |
3,427,545 | 3,530,372 | ||||||
United Airlines Pass Through Trust, Series 2014-1, Cl B, 4.750%, 10/11/23 |
3,099,980 | 3,127,105 | ||||||
US Airways Pass Through Trust, Series 2012-2, Cl B, 6.750%, 12/03/22 |
2,610,711 | 2,793,461 | ||||||
|
|
|||||||
14,014,058 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.2% |
||||||||
Deck Chassis Acquisition, Inc., 10.000%, 06/15/23(b)(g) |
775,000 | 802,125 | ||||||
|
|
|||||||
Banks 1.0% |
||||||||
CIT Group, Inc., 5.375%, 05/15/20 |
1,452,000 | 1,513,710 | ||||||
Provident Funding Associates LP/PFG Finance Corp., 6.750%, 06/15/21(b) |
4,320,000 | 4,093,200 | ||||||
|
|
|||||||
5,606,910 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Building Materials 0.9% |
||||||||
Summit Materials LLC/Summit Materials Finance Corp., 8.500%, 04/15/22(b) |
1,265,000 | 1,339,319 | ||||||
USG Corp., 5.875%, 11/01/21(b) |
3,385,000 | 3,541,556 | ||||||
|
|
|||||||
4,880,875 | ||||||||
|
|
|||||||
Chemicals 2.1% |
||||||||
Blue Cube Spinco, Inc., 9.750%, 10/15/23(b) |
2,285,000 | 2,644,887 | ||||||
Blue Cube Spinco, Inc., 10.000%, 10/15/25(b) |
475,000 | 548,625 | ||||||
Chemours Co. (The), 7.000%, 05/15/25(g) |
3,085,000 | 2,587,544 | ||||||
CVR Partners LP/CVR Nitrogen Finance Corp., 9.250%, 06/15/23(b) |
1,375,000 | 1,399,063 | ||||||
GCP Applied Technologies, Inc., 9.500%, 02/01/23(b) |
1,208,000 | 1,349,940 | ||||||
Platform Specialty Products Corp., 10.375%, 05/01/21(b) |
2,645,000 | 2,664,837 | ||||||
|
|
|||||||
11,194,896 | ||||||||
|
|
|||||||
Coal 1.1% |
||||||||
CONSOL Energy, Inc., 5.875%, 04/15/22 |
3,679,000 | 3,209,927 | ||||||
CONSOL Energy, Inc., 8.000%, 04/01/23(g) |
3,015,000 | 2,668,275 | ||||||
|
|
|||||||
5,878,202 | ||||||||
|
|
|||||||
Commercial Services 2.9% |
||||||||
Flexi-Van Leasing, Inc., 7.875%, 08/15/18(b) |
1,600,000 | 1,552,000 | ||||||
Hertz Corp. (The), 4.250%, 04/01/18 |
160,000 | 161,600 | ||||||
Hertz Corp. (The), 6.750%, 04/15/19 |
1,322,000 | 1,349,636 | ||||||
Prime Security Services Borrower LLC/Prime Finance, Inc., 9.250%, 05/15/23(b) |
968,000 | 1,026,080 | ||||||
Quad/Graphics, Inc., 7.000%, 05/01/22 |
2,480,000 | 2,188,600 | ||||||
Rent-A-Center, Inc., 4.750%, 05/01/21 |
505,000 | 421,675 | ||||||
Rent-A-Center, Inc., 6.625%, 11/15/20 |
200,000 | 190,500 | ||||||
TMS International Corp., 7.625%, 10/15/21(d)(h) |
8,591,000 | 5,970,745 | ||||||
United Rentals North America, Inc., 7.625%, 04/15/22 |
2,530,000 | 2,700,775 | ||||||
|
|
|||||||
15,561,611 | ||||||||
|
|
|||||||
Computers 2.8% |
||||||||
Harland Clarke Holdings Corp., 6.875%, 03/01/20(b) |
5,195,000 | 4,779,400 | ||||||
Harland Clarke Holdings Corp., 9.750%, 08/01/18(b) |
7,474,000 | 7,586,110 | ||||||
Western Digital Corp., 7.375%, 04/01/23(b) |
795,000 | 846,675 | ||||||
Western Digital Corp., 10.500%, 04/01/24(b) |
1,745,000 | 1,867,150 | ||||||
|
|
|||||||
15,079,335 | ||||||||
|
|
|||||||
Distribution/Wholesale 0.4% |
||||||||
Univar USA, Inc., 6.750%, 07/15/23(b) |
2,115,000 | 2,088,563 | ||||||
|
|
|||||||
Diversified Financial Services 11.2% |
||||||||
AerCap Ireland Capital Ltd./AerCap Global Aviation Trust, 4.625%, 10/30/20 |
1,200,000 | 1,244,100 | ||||||
Alliance Data Systems Corp., 5.375%, 08/01/22(b) |
1,395,000 | 1,335,713 | ||||||
Ally Financial, Inc., 3.250%, 11/05/18 |
2,725,000 | 2,721,594 | ||||||
Ally Financial, Inc., 7.500%, 09/15/20 |
5,201,000 | 5,799,115 | ||||||
Ally Financial, Inc., 8.000%, 03/15/20 |
5,673,000 | 6,382,125 | ||||||
ILFC E-Capital Trust I, 3.980%, 12/21/65(a)(d) |
6,750,000 | 5,298,750 | ||||||
International Lease Finance Corp., 8.250%, 12/15/20 |
5,890,000 | 6,963,865 | ||||||
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.375%, 04/01/20(b) |
2,765,000 | 2,561,081 | ||||||
Jefferies Group, Inc., 8.500%, 07/15/19(g) |
1,320,000 | 1,508,545 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 08/01/18 |
4,495,000 | 4,348,912 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 6.500%, 07/01/21 |
4,115,000 | 3,518,325 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 7.875%, 10/01/20(g) |
2,055,000 | 1,926,562 | ||||||
Nationstar Mortgage LLC/Nationstar Capital Corp., 9.625%, 05/01/19(g) |
855,000 | 884,925 | ||||||
Navient Corp., 4.875%, 06/17/19, MTN |
2,000,000 | 1,930,000 | ||||||
Navient Corp., 5.000%, 10/26/20 |
1,690,000 | 1,584,375 | ||||||
Navient Corp., 5.500%, 01/15/19, MTN |
735,000 | 736,397 | ||||||
Navient Corp., 8.000%, 03/25/20, MTN |
1,545,000 | 1,578,805 | ||||||
Navient Corp., 8.450%, 06/15/18, MTN |
1,900,000 | 2,054,375 |
See Notes to Schedules of Portfolio Investments.
OneMain Financial Holdings LLC, 7.250%, 12/15/21(b) |
1,540,000 | 1,474,550 | ||||||
Quicken Loans, Inc., 5.750%, 05/01/25(b) |
5,700,000 | 5,500,500 | ||||||
Walter Investment Management Corp., 7.875%, 12/15/21(g) |
2,585,000 | 1,269,881 | ||||||
|
|
|||||||
60,662,495 | ||||||||
|
|
|||||||
Electric 1.6% |
||||||||
Dynegy, Inc., 6.750%, 11/01/19 |
6,080,000 | 6,087,600 | ||||||
NRG Energy, Inc., 7.875%, 05/15/21 |
590,000 | 610,650 | ||||||
NRG Energy, Inc., 8.250%, 09/01/20 |
1,665,000 | 1,721,727 | ||||||
|
|
|||||||
8,419,977 | ||||||||
|
|
|||||||
Electrical Components & Equipment 0.3% |
||||||||
WESCO Distribution, Inc., 5.375%, 06/15/24(b) |
1,590,000 | 1,590,000 | ||||||
|
|
|||||||
Electronics 0.3% |
||||||||
Allegion PLC, 5.875%, 09/15/23 |
1,563,000 | 1,656,780 | ||||||
|
|
|||||||
Entertainment 0.6% |
||||||||
EMI Music Publishing Group North America Holdings, Inc., 7.625%, 06/15/24(b) |
771,000 | 792,202 | ||||||
Greektown Holdings LLC/Greektown Mothership Corp., 8.875%, 03/15/19(b) |
2,590,000 | 2,687,125 | ||||||
|
|
|||||||
3,479,327 | ||||||||
|
|
|||||||
Environmental Control 0.4% |
||||||||
GFL Environmental, Inc., 9.875%, 02/01/21(b) |
1,769,000 | 1,883,985 | ||||||
|
|
|||||||
Food 2.1% |
||||||||
JBS USA LLC/JBS USA Finance, Inc., 5.750%, 06/15/25(b) |
2,255,000 | 2,119,700 | ||||||
JBS USA LLC/JBS USA Finance, Inc., 8.250%, 02/01/20(b) |
2,115,000 | 2,189,025 | ||||||
Post Holdings, Inc., 7.375%, 02/15/22 |
3,510,000 | 3,689,887 | ||||||
Post Holdings, Inc., 8.000%, 07/15/25(b)(g) |
1,365,000 | 1,513,444 | ||||||
US Foods, Inc., 5.875%, 06/15/24(b) |
1,995,000 | 2,044,875 | ||||||
|
|
|||||||
11,556,931 | ||||||||
|
|
|||||||
Forest Products & Paper 0.4% |
||||||||
Resolute Forest Products, Inc., 5.875%, 05/15/23(g) |
2,777,000 | 2,186,888 | ||||||
|
|
|||||||
Healthcare - Products 1.0% |
||||||||
Hologic, Inc., 5.250%, 07/15/22(b) |
1,050,000 | 1,097,250 | ||||||
Kinetic Concepts, Inc./KCI USA, Inc., 7.875%, 02/15/21(b) |
2,491,000 | 2,648,232 | ||||||
Teleflex, Inc., 5.250%, 06/15/24 |
1,569,000 | 1,584,690 | ||||||
|
|
|||||||
5,330,172 | ||||||||
|
|
|||||||
Healthcare - Services 7.5% |
||||||||
Centene Escrow Corp., 5.625%, 02/15/21(b) |
3,805,000 | 3,966,712 | ||||||
CHS/Community Health Systems, Inc., 5.125%, 08/15/18 |
253,000 | 256,638 | ||||||
CHS/Community Health Systems, Inc., 5.125%, 08/01/21 |
3,190,000 | 3,166,075 | ||||||
CHS/Community Health Systems, Inc., 8.000%, 11/15/19(g) |
3,160,000 | 3,092,850 | ||||||
DaVita HealthCare Partners, Inc., 5.000%, 05/01/25 |
585,000 | 579,881 | ||||||
DaVita HealthCare Partners, Inc., 5.750%, 08/15/22 |
2,105,000 | 2,202,356 | ||||||
HCA Holdings, Inc., 6.250%, 02/15/21 |
3,028,000 | 3,232,390 | ||||||
HCA, Inc., 5.250%, 06/15/26 |
2,085,000 | 2,164,491 | ||||||
HCA, Inc., 6.500%, 02/15/20 |
3,635,000 | 4,021,219 | ||||||
inVentiv Health, Inc., 9.000%, 01/15/18(b) |
2,735,000 | 2,810,213 | ||||||
Kindred Healthcare, Inc., 8.000%, 01/15/20 |
2,415,000 | 2,402,925 | ||||||
LifePoint Health, Inc., 5.875%, 12/01/23 |
930,000 | 967,200 | ||||||
Prospect Medical Holdings, Inc., 8.375%, 05/01/19(b) |
2,535,000 | 2,636,400 | ||||||
Tenet Healthcare Corp., 4.750%, 06/01/20 |
2,580,000 | 2,642,694 | ||||||
Tenet Healthcare Corp., 6.000%, 10/01/20 |
5,075,000 | 5,354,125 | ||||||
WellCare Health Plans, Inc., 5.750%, 11/15/20 |
1,265,000 | 1,307,694 | ||||||
|
|
|||||||
40,803,863 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Home Builders 3.4% |
||||||||
Brookfield Residential Properties, Inc., 6.500%, 12/15/20(b) |
425,000 | 423,937 | ||||||
CalAtlantic Group, Inc., 5.875%, 11/15/24 |
76,000 | 78,280 | ||||||
DR Horton, Inc., 4.000%, 02/15/20 |
1,895,000 | 1,951,850 | ||||||
DR Horton, Inc., 5.750%, 08/15/23 |
590,000 | 654,900 | ||||||
Lennar Corp., 4.750%, 04/01/21 |
2,594,000 | 2,697,760 | ||||||
Mattamy Group Corp., 6.500%, 11/15/20(b) |
995,000 | 955,200 | ||||||
PulteGroup, Inc., 4.250%, 03/01/21 |
3,137,000 | 3,234,247 | ||||||
PulteGroup, Inc., 5.500%, 03/01/26 |
1,140,000 | 1,168,500 | ||||||
Shea Homes LP/Shea Homes Funding Corp., 5.875%, 04/01/23(b) |
1,755,000 | 1,737,450 | ||||||
Shea Homes LP/Shea Homes Funding Corp., 6.125%, 04/01/25(b) |
1,755,000 | 1,746,225 | ||||||
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.250%, 04/15/21(b) |
820,000 | 817,950 | ||||||
TRI Pointe Group, Inc., 4.875%, 07/01/21 |
2,890,000 | 2,882,775 | ||||||
|
|
|||||||
18,349,074 | ||||||||
|
|
|||||||
Home Furnishings 0.2% |
||||||||
Tempur Sealy International, Inc., 5.500%, 06/15/26(b) |
1,345,000 | 1,321,463 | ||||||
|
|
|||||||
Household Products/Wares 0.3% |
||||||||
Century Intermediate Holding Co. 2, PIK, 9.750%, 02/15/19(b) |
1,368,000 | 1,388,520 | ||||||
|
|
|||||||
Insurance 1.7% |
||||||||
Assured Guaranty US Holdings, Inc., Series A, 6.400%, 12/15/66,Series A(a)(d) |
40,000 | 25,200 | ||||||
Radian Group, Inc., 5.500%, 06/01/19(g) |
3,549,000 | 3,686,524 | ||||||
Radian Group, Inc., 7.000%, 03/15/21 |
1,957,000 | 2,092,777 | ||||||
Sirius International Group Ltd., 7.506% (a)(d)(i) |
3,570,000 | 3,583,387 | ||||||
|
|
|||||||
9,387,888 | ||||||||
|
|
|||||||
Internet 0.0%(j) |
||||||||
Cogent Communications Group, Inc., 5.375%, 03/01/22(b) |
235,000 | 235,588 | ||||||
|
|
|||||||
Iron/Steel 0.6% |
||||||||
Steel Dynamics, Inc., 5.125%, 10/01/21 |
2,660,000 | 2,723,175 | ||||||
Steel Dynamics, Inc., 6.125%, 08/15/19 |
719,000 | 744,165 | ||||||
|
|
|||||||
3,467,340 | ||||||||
|
|
|||||||
Leisure Time 0.7% |
||||||||
NCL Corp. Ltd., 4.625%, 11/15/20(b) |
1,295,000 | 1,292,565 | ||||||
NCL Corp. Ltd., 5.250%, 11/15/19(b) |
1,285,000 | 1,297,850 | ||||||
Viking Cruises Ltd., 8.500%, 10/15/22(b) |
1,180,000 | 1,005,950 | ||||||
|
|
|||||||
3,596,365 | ||||||||
|
|
|||||||
Lodging 1.2% |
||||||||
Downstream Development Authority of the Quapaw Tribe of Oklahoma, 10.500%, 07/01/19(b)(h) |
2,080,000 | 2,004,600 | ||||||
MGM Resorts International, 6.000%, 03/15/23(g) |
3,090,000 | 3,259,950 | ||||||
MGM Resorts International, 6.750%, 10/01/20 |
1,305,000 | 1,425,712 | ||||||
|
|
|||||||
6,690,262 | ||||||||
|
|
|||||||
Media 6.3% |
||||||||
Altice Financing SA, 6.500%, 01/15/22(b)(g) |
2,140,000 | 2,161,400 | ||||||
Altice Finco SA, 7.625%, 02/15/25(b) |
1,675,000 | 1,532,625 | ||||||
Altice Luxembourg SA, 7.750%, 05/15/22(b) |
2,275,000 | 2,297,750 | ||||||
Cablevision Systems Corp., 8.000%, 04/15/20 |
2,140,000 | 2,194,591 | ||||||
CCO Holdings LLC/Cap Corp., 5.750%, 09/01/23 |
2,485,000 | 2,571,975 | ||||||
Clear Channel Worldwide Holdings, Inc., Series B, 6.500%, 11/15/22,Series B |
1,350,000 | 1,350,000 | ||||||
DISH DBS Corp., 5.125%, 05/01/20 |
6,145,000 | 6,248,697 | ||||||
DISH DBS Corp., 6.750%, 06/01/21 |
1,020,000 | 1,056,975 | ||||||
DISH DBS Corp., 7.750%, 07/01/26(b) |
1,355,000 | 1,395,650 | ||||||
DISH DBS Corp., 7.875%, 09/01/19 |
3,645,000 | 4,018,612 | ||||||
Lee Enterprises, Inc., 9.500%, 03/15/22(b)(g) |
2,170,000 | 2,137,450 | ||||||
Numericable-SFR SA, 7.375%, 05/01/26(b) |
1,350,000 | 1,334,813 | ||||||
Univision Communications, Inc., 5.125%, 05/15/23(b) |
1,655,000 | 1,642,588 | ||||||
Univision Communications, Inc., 6.750%, 09/15/22(b) |
1,495,000 | 1,577,225 | ||||||
VTR Finance BV, 6.875%, 01/15/24(b) |
2,000,000 | 1,993,960 | ||||||
Ziggo Bond Finance BV, 5.875%, 01/15/25(b) |
815,000 | 786,475 | ||||||
|
|
|||||||
34,300,786 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Mining 0.5% |
||||||||
Imperial Metals Corp., 7.000%, 03/15/19(d) |
2,314,000 | 2,076,815 | ||||||
Kaiser Aluminum Corp., 5.875%, 05/15/24(b) |
575,000 | 590,812 | ||||||
|
|
|||||||
2,667,627 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 1.2% |
||||||||
Bombardier, Inc., 7.500%, 03/15/18(b) |
6,520,000 | 6,699,300 | ||||||
|
|
|||||||
Office/Business Equipment 0.3% |
||||||||
CDW LLC/CDW Finance Corp., 6.000%, 08/15/22 |
1,730,000 | 1,807,850 | ||||||
|
|
|||||||
Oil & Gas 7.3% |
||||||||
Antero Resources Corp., 6.000%, 12/01/20 |
3,975,000 | 4,018,089 | ||||||
Atwood Oceanics, Inc., 6.500%, 02/01/20(g) |
2,038,000 | 1,511,177 | ||||||
Cheniere Corpus Christi Holdings LLC, 7.000%, 06/30/24(b) |
1,075,000 | 1,103,896 | ||||||
Chesapeake Energy Corp., 5.750%, 03/15/23(g) |
3,845,000 | 2,460,800 | ||||||
Chesapeake Energy Corp., 6.625%, 08/15/20(g) |
790,000 | 554,975 | ||||||
Chesapeake Energy Corp., 6.875%, 11/15/20 |
4,625,000 | 3,214,375 | ||||||
CITGO Petroleum Corp., 6.250%, 08/15/22(b) |
1,670,000 | 1,599,025 | ||||||
Concho Resources, Inc., 7.000%, 01/15/21(g) |
920,000 | 945,300 | ||||||
Continental Resources, Inc., 7.125%, 04/01/21 |
70,000 | 72,275 | ||||||
Diamondback Energy, Inc., 7.625%, 10/01/21(g) |
1,440,000 | 1,521,000 | ||||||
Hilcorp Energy I LP/Hilcorp Finance Co., 7.625%, 04/15/21(b) |
3,650,000 | 3,750,375 | ||||||
Oasis Petroleum, Inc., 7.250%, 02/01/19(g) |
1,925,000 | 1,843,188 | ||||||
PBF Holding Co. LLC/PBF Finance Corp., 7.000%, 11/15/23(b) |
1,745,000 | 1,686,106 | ||||||
Precision Drilling Corp., 5.250%, 11/15/24 |
912,000 | 729,600 | ||||||
Precision Drilling Corp., 6.625%, 11/15/20 |
1,491,588 | 1,353,616 | ||||||
Range Resources Corp., 5.750%, 06/01/21 |
2,860,000 | 2,795,650 | ||||||
Rice Energy, Inc., 6.250%, 05/01/22 |
430,000 | 426,775 | ||||||
Rice Energy, Inc., 7.250%, 05/01/23(g) |
1,590,000 | 1,613,850 | ||||||
RSP Permian, Inc., 6.625%, 10/01/22 |
1,055,000 | 1,086,650 | ||||||
Seven Generations Energy Ltd., 6.750%, 05/01/23(b)(g) |
2,168,000 | 2,184,260 | ||||||
Southwestern Energy Co., 7.500%, 02/01/18 |
3,655,000 | 3,883,437 | ||||||
Sunoco LP/Sunoco Finance Corp., 6.250%, 04/15/21(b) |
1,570,000 | 1,566,075 | ||||||
|
|
|||||||
39,920,494 | ||||||||
|
|
|||||||
Oil & Gas Services 1.1% |
||||||||
FTS International, Inc., 8.153%, 06/15/20(a)(b)(g) |
1,755,000 | 1,474,363 | ||||||
KCA Deutag UK Finance PLC, 7.250%, 05/15/21(d) |
1,800,000 | 1,350,000 | ||||||
Oceaneering International, Inc., 4.650%, 11/15/24 |
1,440,000 | 1,392,335 | ||||||
SESI LLC, 6.375%, 05/01/19 |
2,045,000 | 1,968,312 | ||||||
|
|
|||||||
6,185,010 | ||||||||
|
|
|||||||
Packaging & Containers 1.5% |
||||||||
Ball Corp., 4.375%, 12/15/20 |
2,885,000 | 3,034,660 | ||||||
Berry Plastics Corp., 5.500%, 05/15/22 |
675,000 | 691,031 | ||||||
Berry Plastics Corp., 6.000%, 10/15/22 |
560,000 | 578,900 | ||||||
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu, 5.125%, 07/15/23(b) |
2,248,000 | 2,276,100 | ||||||
Sealed Air Corp., 6.500%, 12/01/20(b) |
1,180,000 | 1,342,250 | ||||||
|
|
|||||||
7,922,941 | ||||||||
|
|
|||||||
Pharmaceuticals 3.1% |
||||||||
Endo Finance LLC/Endo Finco, Inc., 7.750%, 01/15/22(b) |
2,070,000 | 1,919,925 | ||||||
Endo Finance LLC/Endo Ltd./Endo Finco, Inc., 6.000%, 07/15/23(b) |
4,650,000 | 4,068,750 | ||||||
Horizon Pharma, Inc., 6.625%, 05/01/23(g) |
1,000,000 | 930,000 | ||||||
Valeant Pharmaceuticals International, 6.750%, 08/15/21(b) |
1,680,000 | 1,432,200 | ||||||
Valeant Pharmaceuticals International, 7.000%, 10/01/20(b)(g) |
4,865,000 | 4,293,363 | ||||||
Valeant Pharmaceuticals International, Inc., 6.750%, 08/15/18(b)(g) |
4,605,000 | 4,455,337 | ||||||
|
|
|||||||
17,099,575 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Pipelines 4.6% |
||||||||
Kinder Morgan Energy Partners LP, 9.000%, 02/01/19 |
3,420,000 | 3,894,583 | ||||||
Rockies Express Pipeline LLC, 5.625%, 04/15/20(b) |
730,000 | 731,825 | ||||||
Rockies Express Pipeline LLC, 6.000%, 01/15/19(b) |
2,650,000 | 2,696,375 | ||||||
Rockies Express Pipeline LLC, 6.850%, 07/15/18(b) |
1,105,000 | 1,146,438 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 02/01/21(h) |
7,955,000 | 8,034,550 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 04/15/23 |
1,515,000 | 1,520,681 | ||||||
Sabine Pass Liquefaction LLC, 5.625%, 03/01/25 |
605,000 | 602,731 | ||||||
Sabine Pass Liquefaction LLC, 5.875%, 06/30/26(b) |
2,150,000 | 2,158,062 | ||||||
Targa Resources Partners LP/Targa Resources Partners Finance Corp., 5.000%, 01/15/18 |
535,000 | 544,363 | ||||||
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 5.500%, 10/15/19 |
2,591,000 | 2,707,595 | ||||||
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 6.125%, 10/15/21 |
789,000 | 816,615 | ||||||
|
|
|||||||
24,853,818 | ||||||||
|
|
|||||||
Private Equity 0.6% |
||||||||
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 6.000%, 08/01/20 |
3,385,000 | 3,342,687 | ||||||
|
|
|||||||
Real Estate 2.3% |
||||||||
Greystar Real Estate Partners LLC, 8.250%, 12/01/22(b) |
326,000 | 335,780 | ||||||
Howard Hughes Corp. (The), 6.875%, 10/01/21(b) |
5,790,000 | 5,833,425 | ||||||
Realogy Group LLC/Realogy Co-Issuer Corp., 4.875%, 06/01/23(b) |
3,545,000 | 3,500,687 | ||||||
Realogy Group LLC/Realogy Co-Issuer Corp., 5.250%, 12/01/21(b) |
2,585,000 | 2,646,394 | ||||||
|
|
|||||||
12,316,286 | ||||||||
|
|
|||||||
Real Estate Investment Trust 2.5% |
||||||||
iStar, Inc., 5.000%, 07/01/19 |
1,100,000 | 1,025,750 | ||||||
iStar, Inc., 6.500%, 07/01/21 |
3,775,000 | 3,567,375 | ||||||
iStar, Inc., 7.125%, 02/15/18 |
5,030,000 | 5,155,750 | ||||||
iStar, Inc., 9.000%, 06/01/17 |
1,990,000 | 2,067,113 | ||||||
VEREIT Operating Partnership LP, 4.125%, 06/01/21 |
817,000 | 852,229 | ||||||
VEREIT Operating Partnership LP, 4.875%, 06/01/26 |
1,032,000 | 1,057,800 | ||||||
|
|
|||||||
13,726,017 | ||||||||
|
|
|||||||
Retail 1.7% |
||||||||
Dollar Tree, Inc., 5.750%, 03/01/23(b) |
1,525,000 | 1,620,313 | ||||||
Family Dollar Stores, Inc., 5.000%, 02/01/21 |
390,000 | 413,400 | ||||||
Guitar Center, Inc., 6.500%, 04/15/19(b)(g) |
1,783,000 | 1,533,380 | ||||||
Mens Wearhouse, Inc. (The), 7.000%, 07/01/22(g) |
2,870,000 | 2,410,800 | ||||||
Rite Aid Corp., 6.125%, 04/01/23(b) |
3,175,000 | 3,389,312 | ||||||
|
|
|||||||
9,367,205 | ||||||||
|
|
|||||||
Software 1.2% |
||||||||
First Data Corp., 5.375%, 08/15/23(b) |
2,640,000 | 2,680,946 | ||||||
First Data Corp., 6.750%, 11/01/20(b) |
2,020,000 | 2,109,870 | ||||||
First Data Corp., 7.000%, 12/01/23(b) |
1,865,000 | 1,888,313 | ||||||
|
|
|||||||
6,679,129 | ||||||||
|
|
|||||||
Telecommunication Services 5.7% |
||||||||
CenturyLink, Inc., Series Y, 7.500%, 04/01/24(g) |
2,675,000 | 2,698,406 | ||||||
DigitalGlobe, Inc., 5.250%, 02/01/21(d) |
1,335,000 | 1,241,550 | ||||||
Level 3 Financing, Inc., 5.375%, 08/15/22 |
615,000 | 621,150 | ||||||
Level 3 Financing, Inc., 6.125%, 01/15/21 |
5,500,000 | 5,730,945 | ||||||
Sprint Communications, Inc., 9.000%, 11/15/18(b) |
2,430,000 | 2,587,950 | ||||||
Sprint Communications, Inc., 11.500%, 11/15/21 |
2,810,000 | 2,776,280 | ||||||
T-Mobile USA, Inc., 6.542%, 04/28/20 |
1,655,000 | 1,706,719 | ||||||
T-Mobile USA, Inc., 6.633%, 04/28/21 |
4,865,000 | 5,083,925 | ||||||
ViaSat, Inc., 6.875%, 06/15/20 |
5,285,000 | 5,456,762 | ||||||
West Corp., 4.750%, 07/15/21(b) |
1,595,000 | 1,575,063 | ||||||
West Corp., 5.375%, 07/15/22(b) |
1,745,000 | 1,622,850 | ||||||
|
|
|||||||
31,101,600 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Transportation 1.4% |
||||||||
Eletson Holdings, 9.625%, 01/15/22(d) |
1,615,000 | 1,259,700 | ||||||
Florida East Coast Holdings Corp., 6.750%, 05/01/19(b) |
3,035,000 | 3,019,825 | ||||||
Hornbeck Offshore Services, Inc., 1.500%, 09/01/19 |
1,775,000 | 1,018,406 | ||||||
Hornbeck Offshore Services, Inc., 5.000%, 03/01/21(d) |
4,045,000 | 2,396,663 | ||||||
|
|
|||||||
7,694,594 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $489,143,545) |
486,791,281 | |||||||
|
|
|||||||
Common Stock 0.1% |
||||||||
Telecommunication Services 0.1% |
||||||||
NII Holding, Inc.*(g) |
174,597 | 555,219 | ||||||
|
|
|||||||
Total Common Stocks (Cost $2,946,329) |
555,219 | |||||||
|
|
|||||||
Money Market Funds 15.5% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(k) |
41,573,136 | 41,573,136 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(k)(l) |
42,902,965 | 42,902,965 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $84,476,101) |
84,476,101 | |||||||
|
|
|||||||
Total Investments |
590,006,698 | |||||||
Liabilities in Excess of Other Assets (8.5)% |
(46,358,082 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 543,648,616 | ||||||
|
|
* | Non-income producing security. |
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 39.7% of net assets as of June 30, 2016. |
(c) | Security is in default. |
(d) | The Funds investment adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(g) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was 41,350,898. |
(h) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(i) | Perpetual maturity. |
(j) | Less than 0.05% of Net Assets. |
(k) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(l) | Purchased with cash collateral held from securities lending. The total value of the collateral held by the Fund was $44,123,048. The total value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,220,083. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviations
MTN | Medium Term Note |
PIK | Payment in-kind |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Investment Grade Tax-Exempt Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 96.0% |
||||||||
Alabama 2.5% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/27(a) |
2,500,000 | 2,864,425 | ||||||
Birmingham, Series A, GO, 0.000%, 03/01/37(a) |
3,000,000 | 3,337,380 | ||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Childrens Hospital of Alabama, RB, 6.000%, 06/01/39, AGC(b) |
9,000,000 | 10,330,380 | ||||||
|
|
|||||||
16,532,185 | ||||||||
|
|
|||||||
Alaska 7.0% |
||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 5.500%, 09/01/23, AGC(b) |
18,000,000 | 20,498,220 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, AGC |
5,650,000 | 6,537,389 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, Pre-refunded 09/01/2019 @ 100, AGC |
9,850,000 | 11,454,072 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/32, AGC |
7,250,000 | 8,430,663 | ||||||
|
|
|||||||
46,920,344 | ||||||||
|
|
|||||||
California 28.6% |
||||||||
Alameda Corridor Transportation Authority, Series B, RB, 3.125%, 10/01/36, AGM |
2,350,000 | 2,399,679 | ||||||
Alameda Corridor Transportation Authority, Series B, RB, 5.000%, 10/01/35 |
1,000,000 | 1,232,980 | ||||||
Alameda Corridor Transportation Authority, Series B, RB, 5.000%, 10/01/35, AGM |
1,000,000 | 1,249,470 | ||||||
Alameda Corridor Transportation Authority, Series B, RB, 5.000%, 10/01/36, AGM |
4,000,000 | 4,981,280 | ||||||
California Health Facilities Financing Authority, Series C, RB, 6.250%, 10/01/24 |
3,500,000 | 3,941,350 | ||||||
California Health Facilities Financing Authority, Series C, RB, 6.500%, 10/01/38(b) |
5,400,000 | 6,104,592 | ||||||
California Infrastructure & Economic Development Bank, RB, 5.000%, 11/01/35 |
2,000,000 | 2,450,260 | ||||||
California State, GO, 5.000%, 08/01/35 |
1,000,000 | 1,247,160 | ||||||
California State, GO, 5.000%, 09/01/35 |
5,000,000 | 6,368,700 | ||||||
California State, GO, 5.000%, 09/01/45 |
4,980,000 | 6,290,885 | ||||||
California State, GO, 6.500%, 04/01/33(b) |
24,500,000 | 28,378,350 | ||||||
California State, Series C, GO, 5.000%, 09/01/32 |
9,950,000 | 12,534,114 | ||||||
Los Angeles California Wastewater System, Series A, RB, 5.750%, 06/01/34, Pre-refunded 06/01/2019 @ 100 |
2,775,000 | 3,182,148 | ||||||
Los Angeles California Wastewater System, Series A, RB, 5.750%, 06/01/34 |
2,225,000 | 2,549,027 | ||||||
Los Angeles County Regional Financing Authority, Series B-2, RB, 3.000%, 11/15/20, CA MTG INS |
345,000 | 345,842 | ||||||
Los Angeles Department of Airports, Series A, AMT, RB, 5.000%, 05/15/24 |
3,465,000 | 4,316,836 | ||||||
Los Angeles Department of Airports, Series A, AMT, RB, 5.000%, 05/15/25 |
1,425,000 | 1,805,062 | ||||||
Los Angeles Department of Airports, Series A, AMT, RB, 5.000%, 05/15/26 |
2,500,000 | 3,205,950 | ||||||
Los Angeles Department of Airports, Series A, AMT, RB, 5.000%, 05/15/33 |
1,500,000 | 1,845,480 | ||||||
Los Angeles Department of Airports, Series A, AMT, RB, 5.000%, 05/15/35 |
1,000,000 | 1,225,390 | ||||||
Los Angeles Department of Water, Series A, RB, 5.000%, 07/01/34 |
2,645,000 | 3,346,930 | ||||||
Los Angeles Department of Water, Series A, RB, 5.000%, 07/01/36 |
2,000,000 | 2,512,980 | ||||||
Los Angeles Department of Water, Series A, RB, 5.000%, 07/01/37 |
1,000,000 | 1,253,540 | ||||||
Los Angeles Department of Water, Series A, RB, 5.000%, 07/01/46 |
4,000,000 | 4,979,000 | ||||||
San Diego County Water Authority Financing Corp., RB, 5.000%, 05/01/33 |
3,000,000 | 3,836,910 | ||||||
San Diego County Water Authority Financing Corp., Series B, RB, 5.000%, 05/01/36 |
5,000,000 | 6,323,000 | ||||||
San Diego County Water Authority Financing Corp., Series B, RB, 5.000%, 05/01/37 |
6,000,000 | 7,569,300 | ||||||
San Diego County Water Authority Financing Corp., Series B, RB, 5.000%, 05/01/38 |
2,155,000 | 2,714,244 |
See Notes to Schedules of Portfolio Investments.
San Diego Redevelopment Agency Successor Agency, Series A, 5.000%, 09/01/27 |
500,000 | 641,325 | ||||||
San Diego Unified School District, GO, 4.000%, 07/01/31 |
2,000,000 | 2,361,000 | ||||||
San Diego Unified School District, GO, 4.000%, 07/01/32 |
10,000,000 | 11,755,500 | ||||||
San Francisco City & County Airports Commission, AMT, RB, 5.750%, 05/01/24, AGM |
5,000,000 | 5,458,050 | ||||||
San Francisco City & County Redevelopment Agency, 5.000%, 08/01/41, NATL-RE |
1,710,000 | 2,139,193 | ||||||
Santa Clara Valley Water District, Series A, RB, 5.000%, 06/01/46 |
4,000,000 | 4,978,880 | ||||||
Santa Cruz County Redevelopment Agency, Series A, 4.000%, 09/01/33, BAM |
500,000 | 571,165 | ||||||
Santa Cruz County Redevelopment Agency, Series A, 4.000%, 09/01/34, BAM |
500,000 | 568,950 | ||||||
Santa Cruz County Redevelopment Agency, Series A, 4.000%, 09/01/35, BAM |
345,000 | 391,358 | ||||||
Santa Cruz County Redevelopment Agency, Series A, 4.000%, 09/01/36, BAM |
500,000 | 566,305 | ||||||
University of California, RB, 1.400%, 05/15/46(c) |
4,000,000 | 4,044,720 | ||||||
University of California, RB, 5.000%, 05/15/34 |
2,000,000 | 2,549,600 | ||||||
University of California, RB, 5.000%, 05/15/35 |
1,500,000 | 1,906,020 | ||||||
University of California, RB, 5.000%, 05/15/41 |
2,350,000 | 2,957,263 | ||||||
University of California, Series AR, RB, 5.000%, 05/15/46 |
1,550,000 | 1,942,677 | ||||||
University of California, Series O, RB, 5.750%, 05/15/27 |
3,000,000 | 3,434,610 | ||||||
University of California, Series O, RB, 5.750%, 05/15/28(b) |
10,000,000 | 11,448,700 | ||||||
University of California, Series O, RB, 5.750%, 05/15/29(b) |
5,095,000 | 5,833,113 | ||||||
|
|
|||||||
191,738,888 | ||||||||
|
|
|||||||
Connecticut 1.3% |
||||||||
South Central Connecticut Regional Water Authority, Series B, RB, 4.000%, 08/01/34 |
3,245,000 | 3,713,870 | ||||||
South Central Connecticut Regional Water Authority, Series B, RB, 4.000%, 08/01/35 |
2,435,000 | 2,775,096 | ||||||
South Central Connecticut Regional Water Authority, Series B, RB, 4.000%, 08/01/36 |
2,000,000 | 2,269,780 | ||||||
|
|
|||||||
8,758,746 | ||||||||
|
|
|||||||
District of Columbia 2.2% |
||||||||
District of Columbia, Series A, GO, 4.000%, 06/01/35 |
1,500,000 | 1,703,610 | ||||||
District of Columbia, Series A, GO, 4.000%, 06/01/36 |
3,000,000 | 3,410,070 | ||||||
District of Columbia, Income Tax, Series A, RB, 5.500%, 12/01/30(b) |
8,000,000 | 9,276,000 | ||||||
|
|
|||||||
14,389,680 | ||||||||
|
|
|||||||
Florida 3.0% |
||||||||
Miami-Dade County, Building Better Communities Program, Series B, GO, 6.000%, 07/01/23 |
2,000,000 | 2,213,420 | ||||||
Miami-Dade County, Building Better Communities Program, Series B, GO, 6.125%, 07/01/25 |
3,000,000 | 3,327,570 | ||||||
Orlando FL Contract Tourist DE, Series A, RB, 5.250%, 11/01/34 |
3,785,000 | 4,685,376 | ||||||
Tampa Bay Water, Series A, RB, 5.000%, 10/01/36 |
3,760,000 | 4,772,906 | ||||||
Tampa Bay Water, Series A, RB, 5.000%, 10/01/37 |
4,000,000 | 5,069,080 | ||||||
|
|
|||||||
20,068,352 | ||||||||
|
|
|||||||
Georgia 0.9% |
||||||||
Georgia State, Series A, GO, 5.000%, 01/01/26 |
5,000,000 | 6,231,200 | ||||||
|
|
|||||||
Guam 0.2% |
||||||||
Guam Power Authority, Series A, RB, 5.000%, 10/01/28 |
1,000,000 | 1,189,040 | ||||||
|
|
|||||||
Hawaii 1.2% |
||||||||
Hawaii State, Series EE, GO, 5.000%, 11/01/29 |
6,750,000 | 8,212,928 | ||||||
|
|
|||||||
Illinois 3.5% |
||||||||
Chicago OHare International Airport, AMT, RB, 4.000%, 01/01/27 |
2,730,000 | 2,934,941 | ||||||
Chicago OHare International Airport, RB, 5.000%, 01/01/31 |
9,080,000 | 11,112,739 | ||||||
Chicago OHare International Airport, Series A, AMT, RB, 5.000%, 01/01/33 |
2,000,000 | 2,365,740 | ||||||
Chicago OHare International Airport, Series B, RB, 5.000%, 01/01/33 |
4,080,000 | 4,965,034 | ||||||
University of Illinois, Auxiliary Facilities System, Series A, RB, 5.750%, 04/01/38 |
2,000,000 | 2,270,460 | ||||||
|
|
|||||||
23,648,914 | ||||||||
|
|
|||||||
Kansas 4.8% |
||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38(b) |
26,090,000 | 30,239,614 | ||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, Series D, RB, 5.000%, 11/15/22 |
2,000,000 | 2,113,200 | ||||||
|
|
|||||||
32,352,814 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Maryland 5.3% |
||||||||
Maryland State, GO, 4.000%, 06/01/27 |
14,500,000 | 17,198,305 | ||||||
Maryland State, Series A, GO, 5.000%, 03/01/24 |
3,640,000 | 4,311,798 | ||||||
Maryland State, Series B, GO, 5.000%, 08/01/25 |
5,920,000 | 7,260,821 | ||||||
Montgomery County, Series A, GO, 5.000%, 11/01/27 |
5,000,000 | 6,416,750 | ||||||
|
|
|||||||
35,187,674 | ||||||||
|
|
|||||||
Massachusetts 5.6% |
||||||||
Commonwealth of Massachusetts, Series A, GO, 5.000%, 04/01/25 |
5,520,000 | 6,554,338 | ||||||
Massachusetts School Building Authority, Series C, RB, 5.000%, 08/15/36 |
5,000,000 | 6,217,050 | ||||||
Massachusetts State, 5.000%, 07/01/27(d) |
10,000,000 | 13,152,800 | ||||||
Massachusetts State College Building Authority, Series B, RB, 5.000%, 05/01/34, ST INTERCEPT |
4,045,000 | 4,950,554 | ||||||
Massachusetts State College Building Authority, Series B, RB, 5.000%, 05/01/39, ST INTERCEPT |
3,250,000 | 3,943,322 | ||||||
Massachusetts Water Resources Authority, Series B, RB, 5.000%, 08/01/40 |
2,000,000 | 2,520,540 | ||||||
|
|
|||||||
37,338,604 | ||||||||
|
|
|||||||
Michigan 2.7% |
||||||||
Michigan Finance Authority, RB, 5.000%, 07/01/21 |
14,000,000 | 15,204,000 | ||||||
University of Michigan, RB, 5.000%, 04/01/36 |
2,500,000 | 3,166,550 | ||||||
|
|
|||||||
18,370,550 | ||||||||
|
|
|||||||
Missouri 1.2% |
||||||||
Metropolitan St Louis Sewer District, Series B, RB, 5.000%, 05/01/35 |
1,500,000 | 1,880,715 | ||||||
Metropolitan St Louis Sewer District, Series B, RB, 5.000%, 05/01/36 |
5,000,000 | 6,246,000 | ||||||
|
|
|||||||
8,126,715 | ||||||||
|
|
|||||||
New York 10.3% |
||||||||
Erie County Industrial Development Agency, City School District Buffalo, Series A, RB, 5.750%, 05/01/29, BHAC-CR-AGM |
5,340,000 | 5,841,052 | ||||||
Metropolitan Transportation Authority, RB, 5.000%, 11/15/36 |
5,265,000 | 6,670,387 | ||||||
New York City Transitional Finance Authority, Building Aid, Series S-2, RB, 6.000%, 07/15/38, State Aid Withholding(b) |
7,500,000 | 8,303,250 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, 5.000%, 02/01/28 |
5,000,000 | 5,349,350 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, Series E-1, RB, 5.000%, 02/01/35 |
3,500,000 | 4,401,320 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, Series E-1, RB, 5.000%, 02/01/40 |
6,515,000 | 8,096,451 | ||||||
New York City Water & Sewer System, Series A, RB, 5.750%, 06/15/40, Pre-refunded 06/15/2018 @ 100 |
3,530,000 | 3,878,623 | ||||||
New York City Water & Sewer System, Series A, RB, 5.750%, 06/15/40 |
11,800,000 | 12,975,752 | ||||||
New York State Dormitory Authority, Series A, RB, 5.000%, 03/15/28 |
2,500,000 | 3,162,050 | ||||||
Utility Debt Securitization Authority, RB, 5.000%, 12/15/37 |
8,000,000 | 10,058,800 | ||||||
|
|
|||||||
68,737,035 | ||||||||
|
|
|||||||
North Carolina 1.0% |
||||||||
North Carolina Medical Care Commission, RB, 5.000%, 06/01/27 |
3,745,000 | 4,898,235 | ||||||
North Carolina State, Series C, GO, 5.000%, 05/01/18 |
1,880,000 | 2,031,303 | ||||||
|
|
|||||||
6,929,538 | ||||||||
|
|
|||||||
Ohio 0.3% |
||||||||
American Municipal Power Inc, Series A, RB, 5.000%, 02/15/46 |
1,500,000 | 1,830,480 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Pennsylvania 2.7% |
||||||||
Pennsylvania Economic Development Financing Authority, RB, 5.000%, 07/01/21 |
7,500,000 | 7,983,600 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Series B, RB, 5.500%, 09/15/23, GO of University |
6,750,000 | 7,603,267 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Series B, RB, 5.500%, 09/15/24, GO of University |
2,500,000 | 2,813,150 | ||||||
|
|
|||||||
18,400,017 | ||||||||
|
|
|||||||
Tennessee 0.4% |
||||||||
Clarksville TN Water Sewer & Gas Revenue, RB, 5.000%, 02/01/41 |
2,000,000 | 2,485,480 | ||||||
|
|
|||||||
Texas 7.2% |
||||||||
Arlington Higher Education Finance Corp., Series A, RB, 5.000%, 02/15/35, PSF-GTD |
1,980,000 | 2,460,427 | ||||||
Dallas Community College District, GO, 5.000%, 02/15/24 |
5,850,000 | 6,266,345 | ||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, PSF-GTD(b) |
6,000,000 | 6,561,240 | ||||||
Harris County, Series A, RB, 5.000%, 08/15/35(d) |
2,000,000 | 2,516,660 | ||||||
Harris County, Series A, RB, 5.000%, 08/15/36(d) |
1,000,000 | 1,253,170 | ||||||
Lower Colorado River Authority, RB, 4.000%, 05/15/34 |
1,280,000 | 1,437,530 | ||||||
Lower Colorado River Authority, RB, 4.000%, 05/15/35 |
840,000 | 940,262 | ||||||
Melissa Independent School District, GO, 4.000%, 08/01/41, PSF-GTD(d) |
2,500,000 | 2,818,100 | ||||||
Melissa Independent School District, GO, 4.000%, 08/01/46, PSF-GTD(d) |
3,000,000 | 3,353,430 | ||||||
New Hope Cultural Education Facilities Financing Corp., Student Housing Corp., Series A, RB, 5.000%, 07/01/35 |
7,100,000 | 8,080,936 | ||||||
San Antonio City Water System Revenue, Series A, RB, 5.000%, 05/15/31 |
1,750,000 | 2,236,325 | ||||||
Texas State Public Finance Authority, Unemployment Comp., Series B, RB, 4.000%, 07/01/17 |
10,000,000 | 10,183,200 | ||||||
|
|
|||||||
48,107,625 | ||||||||
|
|
|||||||
Virginia 1.2% |
||||||||
Henrico County VA Water & Sewer Revenue, RB, 5.000%, 05/01/36 |
1,840,000 | 2,347,601 | ||||||
Henrico County VA Water & Sewer Revenue, RB, 5.000%, 05/01/37 |
1,000,000 | 1,272,790 | ||||||
Henrico County VA Water & Sewer Revenue, RB, 5.000%, 05/01/38 |
1,000,000 | 1,271,760 | ||||||
Henrico County VA Water & Sewer Revenue, RB, 5.000%, 05/01/42 |
2,500,000 | 3,169,150 | ||||||
|
|
|||||||
8,061,301 | ||||||||
|
|
|||||||
Washington 2.9% |
||||||||
Energy Northwest, RB, 5.000%, 07/01/24, Pre-refunded 07/01/2018 @ 100 |
965,000 | 1,048,598 | ||||||
Energy Northwest, RB, 5.000%, 07/01/24 |
3,035,000 | 3,280,167 | ||||||
Energy Northwest, Series A, RB, 5.000%, 07/01/26 |
3,250,000 | 4,288,830 | ||||||
Washington State, Series A, GO, 5.000%, 08/01/24 |
8,880,000 | 10,600,145 | ||||||
|
|
|||||||
19,217,740 | ||||||||
|
|
|||||||
Total Municipal Bonds (Cost $602,510,469) |
642,835,850 | |||||||
|
|
|||||||
Money Market Fund 5.9% |
||||||||
Federated Tax-Free Obligations Fund, Wealth Shares, 0.27%(e) |
39,723,542 | 39,723,542 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $39,723,542) |
39,723,542 | |||||||
|
|
|||||||
Total Investments |
682,559,392 | |||||||
Liabilities in Excess of Other Assets (1.9)% |
(12,520,200 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 670,039,192 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2016. |
(b) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(c) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
See Notes to Schedules of Portfolio Investments.
Investment Abbreviations
AGC | Security guaranteed by Assured Guaranty Corporation |
AGM | Security guaranteed by Assured Guaranty Municipal Corporation |
AMT | Income subject to Alternative Minimum Tax |
BAM | Build America Mutual Assurance Company |
BHAC | Security guaranteed by Berkshire Hathaway Assurance Corporation |
CA MTG INS | California Mortgage Insurance |
CR | Custodial Receipts |
GO | General Obligation |
NATL-RE | Reinsurance provided by National Public Finance Guarantee Corporation |
PSF-GTD | Security guaranteed by Permanent School Fund Guarantee Program |
RB | Revenue Bond |
ST INTERCEPT | State Interception |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Limited Duration Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 17.2% |
||||||||
Automobiles 5.3% |
||||||||
Fifth Third Auto Trust, Series 2015-1, Cl A2B, 0.992%, 05/15/18(a) |
251,220 | 251,430 | ||||||
Nissan Auto Lease Trust, Series 2014-B, Cl A2A, 0.730%, 04/17/17 |
103,674 | 103,649 | ||||||
|
|
|||||||
355,079 | ||||||||
|
|
|||||||
Credit Card 10.5% |
||||||||
American Express Issuance Trust II, Series 2013-1, Cl B, 0.892%, 02/15/19(a) |
400,000 | 398,042 | ||||||
Cabelas Credit Card Master Note Trust, Series 2014-2, Cl A, 0.892%, 07/15/22(a) |
300,000 | 297,152 | ||||||
|
|
|||||||
695,194 | ||||||||
|
|
|||||||
Student Loan Asset Backed Security 1.4% |
||||||||
SLM Student Loan Trust, Series 2013-1, Cl A2, 0.703%, 09/25/19(a) |
92,199 | 91,686 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $1,144,754) |
1,141,959 | |||||||
|
|
|||||||
Collateralized Mortgage Obligations 66.4% |
||||||||
Agency Collateralized Mortgage Obligations 55.4% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3066, Cl FG, REMIC, 0.642%, 03/15/24(a) |
845,113 | 848,025 | ||||||
Series 4231, Cl FD, REMIC, 0.792%, 10/15/32(a) |
691,945 | 693,278 | ||||||
|
|
|||||||
1,541,303 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2004-79, Cl FM, 0.753%, 11/25/24(a) |
625,590 | 627,466 | ||||||
|
|
|||||||
NCUA Guaranteed Notes |
||||||||
Series 2010-R1, Cl 1A, 0.915%, 10/07/20(a) |
867,534 | 869,303 | ||||||
Series 2010-R3, Cl 1A, 1.006%, 12/08/20(a) |
280,214 | 280,722 | ||||||
Series 2010-R3, Cl 2A, 1.006%, 12/08/20(a) |
370,737 | 371,541 | ||||||
|
|
|||||||
1,521,566 | ||||||||
|
|
|||||||
Commercial Mortgage Backed Securities 11.0% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series KF03, Cl A, 0.786%, 01/25/21(a) |
727,795 | 728,536 | ||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $4,403,274) |
4,418,871 | |||||||
|
|
|||||||
U.S. Government Agency Mortgages 15.6% |
||||||||
Federal National Mortgage Association |
||||||||
Pool #AM6261, 0.656%, 07/01/19(a) |
620,000 | 619,962 | ||||||
Pool #AM7028, 0.675%, 10/01/19(a) |
420,000 | 419,818 | ||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $1,039,291) |
1,039,780 | |||||||
|
|
|||||||
Money Market Fund 0.8% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(b) |
56,252 | 56,252 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $56,252) |
56,252 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Total Investments |
6,656,862 | |||
Other Assets in Excess of Liabilities 0.0%(c) |
1,028 | |||
|
|
|||
Net Assets 100.0% |
$ | 6,657,890 | ||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(b) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
(c) | Less than 0.05% of Net Assets. |
Investment Abbreviation
REMIC | Real Estate Mortgage Investment Conduit |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix North Carolina Tax-Exempt Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 97.1% |
||||||||
Alabama 0.8% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) |
215,000 | 242,309 | ||||||
|
|
|||||||
Georgia 1.2% |
||||||||
Private Colleges & Universities Authority, RB, 5.000%, 04/01/18 |
350,000 | 373,531 | ||||||
|
|
|||||||
Guam 4.8% |
||||||||
Guam Power Authority, Series A, RB, 5.000%, 10/01/44, AGM |
1,000,000 | 1,201,030 | ||||||
Guam Waterworks Authority, RB, 5.000%, 01/01/46 |
270,000 | 322,809 | ||||||
|
|
|||||||
1,523,839 | ||||||||
|
|
|||||||
North Carolina 87.3% |
||||||||
Buncombe County Metropolitan Sewerage District, RB, 5.000%, 07/01/39 |
1,000,000 | 1,220,840 | ||||||
Cape Fear Public Utility Authority, RB, 5.000%, 08/01/23, Pre-refunded 08/01/2018 @ 100 |
1,000,000 | 1,090,310 | ||||||
Cape Fear Public Utility Authority, RB, 5.000%, 08/01/29 |
500,000 | 652,245 | ||||||
Charlotte Airport Revenue, Series B, AMT, RB, 5.500%, 07/01/23 |
700,000 | 808,388 | ||||||
Charlotte Water & Sewer System, RB, 5.000%, 07/01/21 |
1,080,000 | 1,174,695 | ||||||
Charlotte Water & Sewer System, RB, 5.000%, 07/01/40 |
1,000,000 | 1,250,720 | ||||||
Charlotte-Mecklenburg Hospital Authority (The), Series A, RB, 5.250%, 01/15/42 |
1,000,000 | 1,157,840 | ||||||
Forsyth County, GO, 5.000%, 02/01/22, Pre-refunded 02/01/2019 @ 100 |
750,000 | 832,530 | ||||||
New Hanover County Hospital, New Hanover Regional Medical Center, Series B, RB, 5.125%, 10/01/31, AGM |
1,000,000 | 1,115,990 | ||||||
North Carolina Capital Facilities Finance Agency, RB, 5.000%, 04/01/30 |
1,000,000 | 1,189,980 | ||||||
North Carolina Capital Facilities Finance Agency, RB, 5.250%, 03/01/33 |
1,000,000 | 1,134,140 | ||||||
North Carolina Medical Care Commission, RB, 5.000%, 06/01/28 |
1,400,000 | 1,861,524 | ||||||
North Carolina Medical Care Commission Health Care Facilities, University Health Systems, Series D, RB, 6.250%, 12/01/33 |
1,500,000 | 1,700,340 | ||||||
North Carolina Municipal Power Agency No. 1, Series A, RB, 5.000%, 01/01/30 |
290,000 | 318,524 | ||||||
North Carolina Municipal Power Agency No. 1, Series A, RB, 5.000%, 01/01/30, Pre-refunded 01/01/2019 @ 100 |
710,000 | 785,423 | ||||||
North Carolina State, Series A, GO, 5.000%, 06/01/17 |
1,000,000 | 1,040,860 | ||||||
North Carolina State Ports Authority Facilities, Series A, RB, 5.250%, 02/01/40 |
1,000,000 | 1,127,780 | ||||||
North Carolina State University at Raleigh, Series A, RB, 5.000%, 10/01/37 |
1,000,000 | 1,223,490 | ||||||
Pitt County, RB, 5.000%, 04/01/28 |
1,000,000 | 1,266,140 | ||||||
Raleigh, RB, 5.000%, 02/01/23 |
850,000 | 1,052,266 | ||||||
University of North Carolina at Charlotte, RB, 5.000%, 04/01/45 |
1,500,000 | 1,830,015 | ||||||
Wake County, Series A, GO, 4.000%, 02/01/27 |
1,000,000 | 1,144,820 | ||||||
Wake County, Series A, RB, 5.000%, 12/01/35 |
1,000,000 | 1,276,560 | ||||||
Western Carolina University, Student Housing Project, RB, 4.000%, 06/01/39 |
1,250,000 | 1,402,125 | ||||||
|
|
|||||||
27,657,545 | ||||||||
|
|
|||||||
South Carolina 3.0% |
||||||||
South Carolina State Public Service Authority, Series A, RB, 5.750%, 12/01/43 |
750,000 | 948,338 | ||||||
|
|
|||||||
Total Municipal Bonds (Cost $28,435,306) |
30,745,562 | |||||||
|
|
|||||||
Money Market Fund 9.5% |
||||||||
Federated Tax-Free Obligations Fund, Wealth Shares, 0.27%(b) |
3,018,903 | 3,018,903 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $3,018,903) |
3,018,903 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Total Investments |
33,764,465 | |||
Liabilities in Excess of Other Assets (6.6)% |
(2,081,531 | ) | ||
|
|
|||
Net Assets 100.0% |
$ | 31,682,934 | ||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2016. |
(b) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
AGM | Security guaranteed by Assured Guaranty Municipal Corporation |
AMT | Income subject to Alternative Minimum Tax |
GO | General Obligation |
RB | Revenue Bond |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited)
|
||||||||
Seix Short-Term Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 11.2% |
||||||||
Auto Floor Plan 1.0% |
||||||||
Mercedes-Benz Master Owner Trust, Series 2016-AA, Cl A, 1.022%, 05/15/20(a)(b) |
510,000 | 510,762 | ||||||
|
|
|||||||
Automobiles 0.5% |
||||||||
AmeriCredit Automobile Receivables Trust, Series 2014-2, Cl B, 1.600%, 07/08/19 |
275,000 | 275,460 | ||||||
|
|
|||||||
Credit Card 6.9% |
||||||||
BA Credit Card Trust, Series 2015-A2, Cl A, 1.360%, 09/15/20 |
490,000 | 492,947 | ||||||
Cabelas Master Credit Card Trust, Series 2014-1, Cl A, 0.792%, 03/16/20(a) |
627,000 | 623,749 | ||||||
Capital One Multi-Asset Execution Trust, Series 2014-A5, Cl A, 1.480%, 07/15/20 |
325,000 | 327,117 | ||||||
Capital One Multi-Asset Execution Trust, Series 2015-A1, Cl A, 1.390%, 01/15/21 |
312,000 | 314,142 | ||||||
Chase Issuance Trust, Series 2014-A7, Cl A, 1.380%, 11/15/19 |
500,000 | 502,594 | ||||||
Discover Card Execution Note Trust, Series 2013-A1, Cl A1, 0.742%, 08/17/20(a) |
272,000 | 272,305 | ||||||
Discover Card Execution Note Trust, Series 2016-A1, Cl A1, 1.640%, 07/15/21 |
275,000 | 278,624 | ||||||
Evergreen Credit Card Trust, Series 2016-1, Cl A, 1.162%, 04/15/20(a)(b) |
450,000 | 450,162 | ||||||
Trillium Credit Card Trust II, Series 2016-1A, Cl A, 1.185%, 05/26/21(a)(b) |
255,000 | 255,069 | ||||||
|
|
|||||||
3,516,709 | ||||||||
|
|
|||||||
Other 2.1% |
||||||||
AEP Texas Central Transition Funding III LLC, Series 2012-1, Cl A1, 0.880%, 12/01/18 |
171,381 | 171,130 | ||||||
Centerpoint Energy Transition Bond Co. II LLC, Series 2005-A, Cl A4, 5.170%, 08/01/19 |
60,816 | 61,893 | ||||||
CenterPoint Energy Transition Bond Co. IV LLC, Series 2012-1, Cl A1, 0.901%, 04/15/18 |
107,014 | 106,980 | ||||||
FirstEnergy Ohio PIRB Special Purpose Trust, Series 2013-1, Cl A2, 1.726%, 01/15/22 |
440,000 | 443,197 | ||||||
Ohio Phase-In-Recovery Funding LLC, Series 2013-1, Cl A1, 0.958%, 07/01/18 |
309,141 | 308,845 | ||||||
|
|
|||||||
1,092,045 | ||||||||
|
|
|||||||
Student Loan Asset Backed Security 0.7% |
||||||||
SLM Student Loan Trust, Series 2013-1, Cl A2, 0.703%, 09/25/19(a) |
346,668 | 344,739 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $5,726,172) |
5,739,715 | |||||||
|
|
|||||||
Collateralized Mortgage Obligations 7.8% |
||||||||
Agency Collateralized Planned Amortization Class Mortgage Obligations 1.1% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3786, Cl EB, REMIC, 4.000%, 08/15/35 |
285,000 | 294,892 | ||||||
Series K712, Cl A2, 1.869%, 11/25/19 |
240,000 | 244,796 | ||||||
|
|
|||||||
539,688 | ||||||||
|
|
|||||||
Commercial Mortgage Backed Securities 6.7% |
||||||||
Citigroup Commercial Mortgage Trust |
||||||||
Series 2012-GC8, Cl A1, 0.685%, 09/10/45 |
20,514 | 20,486 | ||||||
|
|
|||||||
Commercial Mortgage Trust |
||||||||
Series 2013-CR9, Cl A1, 1.344%, 07/10/45 |
17,670 | 17,668 | ||||||
|
|
|||||||
GS Mortgage Securities Trust |
||||||||
Series 2013-GC14, Cl A1, 1.217%, 08/10/46 |
40,030 | 40,024 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2010-C2, Cl A2, 3.616%, 11/15/43(b) |
780,000 | 798,927 | ||||||
Series 2011-C3, Cl A3, 4.388%, 02/15/46(b) |
325,000 | 339,339 | ||||||
Series 2013-C13, Cl A1, 1.303%, 01/15/46 |
196,643 | 196,799 | ||||||
|
|
|||||||
1,335,065 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Morgan Stanley Bank of America Merrill Lynch Trust |
||||||||
Series 2013-C12, Cl A1, 1.313%, 10/15/46 |
344,034 | 344,745 | ||||||
Series 2014-C14, Cl A1, 1.250%, 02/15/47 |
108,583 | 108,560 | ||||||
|
|
|||||||
453,305 | ||||||||
|
|
|||||||
Morgan Stanley Capital I Trust |
||||||||
Series 2012-C4, Cl A3, 2.991%, 03/15/45 |
196,000 | 203,162 | ||||||
|
|
|||||||
WF-RBS Commercial Mortgage Trust |
||||||||
Series 2012-C8, Cl A2, 1.881%, 08/15/45 |
785,731 | 790,552 | ||||||
|
|
|||||||
WFRBS Commercial Mortgage Trust |
||||||||
Series 2012-C10, Cl A2, 1.765%, 12/15/45 |
600,000 | 602,291 | ||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $3,990,362) |
4,002,241 | |||||||
|
|
|||||||
Corporate Bonds 35.0% |
||||||||
Aerospace/Defense 1.6% |
||||||||
Boeing Co. (The), 0.763%, 10/30/17(a) |
530,000 | 529,888 | ||||||
Lockheed Martin Corp., 1.850%, 11/23/18 |
265,000 | 268,595 | ||||||
|
|
|||||||
798,483 | ||||||||
|
|
|||||||
Auto Manufacturers 2.5% |
||||||||
BMW US Capital LLC, 1.500%, 04/11/19(b) |
355,000 | 357,543 | ||||||
General Motors Financial Co., Inc., 2.400%, 05/09/19 |
479,000 | 480,334 | ||||||
PACCAR Financial Corp., 1.280%, 12/06/18, MTN(a) |
200,000 | 201,029 | ||||||
PACCAR Financial Corp., 1.450%, 03/09/18, MTN |
239,000 | 240,822 | ||||||
|
|
|||||||
1,279,728 | ||||||||
|
|
|||||||
Banks 7.3% |
||||||||
Citigroup, Inc., 1.350%, 03/10/17 |
541,000 | 541,581 | ||||||
Credit Suisse New York, 1.375%, 05/26/17, MTN |
845,000 | 845,691 | ||||||
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18 |
783,000 | 834,120 | ||||||
ING Bank NV, 1.800%, 03/16/18(b) |
414,000 | 416,348 | ||||||
JPMorgan Chase & Co., 6.125%, 06/27/17 |
558,000 | 583,618 | ||||||
Lloyds Bank PLC, 1.750%, 05/14/18 |
543,000 | 541,473 | ||||||
|
|
|||||||
3,762,831 | ||||||||
|
|
|||||||
Beverages 1.8% |
||||||||
Anheuser-Busch InBev Finance, Inc., 1.900%, 02/01/19 |
642,000 | 652,901 | ||||||
Molson Coors Brewing Co., 1.450%, 07/15/19(c) |
257,000 | 257,651 | ||||||
|
|
|||||||
910,552 | ||||||||
|
|
|||||||
Biotechnology 0.6% |
||||||||
Celgene Corp., 2.125%, 08/15/18 |
309,000 | 313,618 | ||||||
|
|
|||||||
Chemicals 1.2% |
||||||||
Chevron Phillips Chemical Co. LLC, 1.700%, 05/01/18(b) |
602,000 | 600,617 | ||||||
|
|
|||||||
Computers 1.6% |
||||||||
Apple, Inc., 1.050%, 05/05/17 |
266,000 | 266,627 | ||||||
Diamond 1 Finance Corp. / Diamond 2 Finance Corp., 3.480%, 06/01/19(b) |
522,000 | 534,742 | ||||||
|
|
|||||||
801,369 | ||||||||
|
|
|||||||
Diversified Financial Services 0.5% |
||||||||
Air Lease Corp., 2.625%, 09/04/18 |
266,000 | 265,944 | ||||||
|
|
|||||||
Electric 1.3% |
||||||||
Duke Energy Corp., 1.034%, 04/03/17(a) |
141,000 | 140,903 | ||||||
Emera US Finance LP, 2.150%, 06/15/19(b) |
527,000 | 533,130 | ||||||
|
|
|||||||
674,033 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Electronics 0.9% |
||||||||
Fortive Corp., 1.800%, 06/15/19(b) |
480,000 | 483,079 | ||||||
|
|
|||||||
Healthcare - Products 1.5% |
||||||||
Becton Dickinson and Co., 1.800%, 12/15/17 |
265,000 | 267,167 | ||||||
Medtronic, Inc., 1.500%, 03/15/18 |
498,000 | 502,322 | ||||||
|
|
|||||||
769,489 | ||||||||
|
|
|||||||
Healthcare - Services 1.6% |
||||||||
Aetna, Inc., 1.900%, 06/07/19 |
488,000 | 494,339 | ||||||
UnitedHealth Group, Inc., 1.875%, 11/15/16 |
349,000 | 350,305 | ||||||
|
|
|||||||
844,644 | ||||||||
|
|
|||||||
Housewares 0.9% |
||||||||
Newell Brands, Inc., 2.600%, 03/29/19 |
424,000 | 435,101 | ||||||
|
|
|||||||
Insurance 1.7% |
||||||||
Berkshire Hathaway Finance Corp., 1.700%, 03/15/19 |
266,000 | 270,346 | ||||||
Berkshire Hathaway, Inc., 1.900%, 01/31/17 |
596,000 | 599,970 | ||||||
|
|
|||||||
870,316 | ||||||||
|
|
|||||||
Internet 0.4% |
||||||||
eBay, Inc., 2.500%, 03/09/18 |
222,000 | 226,051 | ||||||
|
|
|||||||
Machinery-Diversified 1.0% |
||||||||
John Deere Capital Corp., 1.350%, 01/16/18, MTN |
528,000 | 531,803 | ||||||
|
|
|||||||
Oil & Gas 2.2% |
||||||||
Chevron Corp., 1.365%, 03/02/18 |
552,000 | 555,031 | ||||||
Exxon Mobil Corp., 1.305%, 03/06/18 |
553,000 | 557,316 | ||||||
|
|
|||||||
1,112,347 | ||||||||
|
|
|||||||
Oil & Gas Services 0.9% |
||||||||
Schlumberger Holdings Corp., 1.900%, 12/21/17(b) |
461,000 | 463,988 | ||||||
|
|
|||||||
Pharmaceuticals 0.6% |
||||||||
AbbVie, Inc., 1.800%, 05/14/18 |
318,000 | 320,232 | ||||||
|
|
|||||||
Pipelines 0.8% |
||||||||
Kinder Morgan, Inc., 2.000%, 12/01/17 |
269,000 | 267,561 | ||||||
Spectra Energy Partners LP, 2.950%, 09/25/18 |
158,000 | 161,030 | ||||||
|
|
|||||||
428,591 | ||||||||
|
|
|||||||
Real Estate Investment Trust 0.5% |
||||||||
American Tower Corp., 4.500%, 01/15/18 |
225,000 | 234,738 | ||||||
|
|
|||||||
Retail 0.6% |
||||||||
CVS Health Corp., 1.900%, 07/20/18 |
306,000 | 310,630 | ||||||
|
|
|||||||
Semiconductors 0.4% |
||||||||
TSMC Global Ltd., 1.625%, 04/03/18(b) |
200,000 | 200,543 | ||||||
|
|
|||||||
Telecommunication Services 1.5% |
||||||||
AT&T, Inc., 5.500%, 02/01/18 |
488,000 | 519,408 | ||||||
Verizon Communications, Inc., 3.650%, 09/14/18 |
258,000 | 271,106 | ||||||
|
|
|||||||
790,514 | ||||||||
|
|
|||||||
Transportation 1.1% |
||||||||
Canadian National Railway Co., 0.796%, 11/14/17(a) |
554,000 | 554,210 | ||||||
|
|
|||||||
Total Corporate Bonds (Cost $17,859,239) |
17,983,451 | |||||||
|
|
See Notes to Schedules of Portfolio Investments.
Municipal Bond 1.0% |
||||||||
Louisiana 1.0% |
||||||||
Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2010-ELL, CI A3, RB, 3.450%, 02/01/22 |
515,000 | 531,557 | ||||||
|
|
|||||||
Total Municipal Bond (Cost $537,354) |
531,557 | |||||||
|
|
|||||||
U.S. Government Agency Mortgages 11.1% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #G14525, 2.500%, 08/01/22 |
194,110 | 201,132 | ||||||
Pool #J20827, 2.000%, 10/01/22 |
160,241 | 165,313 | ||||||
Pool #J22421, 2.000%, 02/01/23 |
131,051 | 135,205 | ||||||
Pool #J23435, 2.500%, 04/01/23 |
507,574 | 525,944 | ||||||
Pool #J24206, 2.000%, 06/01/23 |
151,210 | 155,997 | ||||||
Pool #J28472, 3.000%, 06/01/24 |
1,137,893 | 1,194,984 | ||||||
|
|
|||||||
2,378,575 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #471989, 2.010%, 07/01/19 |
231,005 | 236,534 | ||||||
Pool #AB6729, 2.000%, 10/01/22 |
127,478 | 130,351 | ||||||
Pool #AP9597, 2.500%, 10/01/22 |
587,383 | 609,305 | ||||||
Pool #AL3486, 2.000%, 05/01/23 |
121,317 | 124,051 | ||||||
Pool #AL5640, 2.276%, 08/01/44(a) |
262,575 | 270,839 | ||||||
Pool #AX3644, 2.406%, 10/01/44(a) |
328,337 | 338,329 | ||||||
Pool #AX5937, 2.485%, 11/01/44(a) |
437,257 | 449,190 | ||||||
Pool #AX2167, 2.531%, 11/01/44(a) |
1,136,537 | 1,169,015 | ||||||
|
|
|||||||
3,327,614 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $5,602,373) |
5,706,189 | |||||||
|
|
|||||||
U.S. Treasury Obligations 33.0% |
||||||||
U.S. Treasury Notes 33.0% |
||||||||
1.250%, 10/31/18(d) |
6,546,000 | 6,636,774 | ||||||
1.500%, 01/31/19 |
6,530,000 | 6,666,464 | ||||||
1.500%, 05/31/19 |
3,599,000 | 3,680,258 | ||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $16,840,769) |
16,983,496 | |||||||
|
|
|||||||
Money Market Fund 0.7% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(e) |
345,730 | 345,730 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $345,730) |
345,730 | |||||||
|
|
|||||||
Total Investments |
51,292,379 | |||||||
Other Assets in Excess of Liabilities 0.2% |
123,444 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 51,415,823 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 11.6% of net assets as of June 30, 2016. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(e) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
MTN | Medium Term Note |
RB | Revenue Bond |
REMIC | Real Estate Mortgage Investment Conduit |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited)
|
||||||||
Seix Short-Term Municipal Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 96.3% |
||||||||
Alabama 3.9% |
||||||||
Baldwin County Board of Education, RB, 5.000%, 06/01/19 |
1,250,000 | 1,401,825 | ||||||
|
|
|||||||
California 12.1% |
||||||||
Alameda Corridor Transportation Authority, Series A, RB, 5.000%, 10/01/24 |
500,000 | 627,740 | ||||||
Alameda Corridor Transportation Authority, Series A, RB, 5.000%, 10/01/25 |
400,000 | 510,108 | ||||||
California Municipal Finance Authority, Series A, RB, 4.000%, 06/01/21 |
200,000 | 220,922 | ||||||
California State, GO, 5.000%, 08/01/17 |
1,000,000 | 1,048,080 | ||||||
Los Angeles County Regional Financing Authority, Series B-1, RB, 3.000%, 11/15/21, CA MTG INS |
1,500,000 | 1,503,630 | ||||||
Santa Clara Valley Water District, Series C, RB, 5.000%, 06/01/21 |
400,000 | 477,356 | ||||||
|
|
|||||||
4,387,836 | ||||||||
|
|
|||||||
Connecticut 1.8% |
||||||||
South Central Connecticut Regional Water Authority, Series B, RB, 5.000%, 08/01/27 |
500,000 | 642,975 | ||||||
|
|
|||||||
District of Columbia 3.1% |
||||||||
District of Columbia Water & Sewer Authority, Series A, RB, 6.000%, 10/01/35, Pre-refunded 10/01/2018 @ 100 |
1,000,000 | 1,118,840 | ||||||
|
|
|||||||
Florida 4.4% |
||||||||
Fort Lauderdale Water & Sewer Revenue, RB, 5.000%, 09/01/17 |
1,525,000 | 1,603,736 | ||||||
|
|
|||||||
Illinois 4.5% |
||||||||
Chicago OHare International Airport, RB, 5.000%, 01/01/19 |
1,500,000 | 1,651,470 | ||||||
|
|
|||||||
Indiana 6.0% |
||||||||
Indiana Finance Authority, Series B, RB, 5.000%, 02/01/21 |
1,000,000 | 1,181,550 | ||||||
Indiana University, Series R, RB, 5.000%, 08/01/16, AMBAC |
1,000,000 | 1,003,940 | ||||||
|
|
|||||||
2,185,490 | ||||||||
|
|
|||||||
Maryland 10.1% |
||||||||
Maryland State, GO, 5.000%, 08/01/18, Pre-refunded 08/01/2016 @ 100 |
1,000,000 | 1,003,890 | ||||||
Maryland State, Series A, GO, 5.000%, 11/01/16 |
1,000,000 | 1,015,330 | ||||||
Maryland State Transportation Authority, Transportation Facilities Project, RB, 5.000%, 07/01/23(a) |
500,000 | 541,070 | ||||||
Montgomery County, Series A, GO, 5.000%, 07/01/17 |
1,040,000 | 1,086,218 | ||||||
|
|
|||||||
3,646,508 | ||||||||
|
|
|||||||
Massachusetts 2.9% |
||||||||
Commonwealth of Massachusetts, Series C, GO, 5.000%, 08/01/27, Pre-refunded 08/01/2017 @ 100, AGM |
1,000,000 | 1,047,890 | ||||||
|
|
|||||||
Missouri 3.6% |
||||||||
Missouri State Board of Public Buildings, Series B, RB, 4.000%, 04/01/18 |
1,235,000 | 1,307,877 | ||||||
|
|
|||||||
Nevada 2.9% |
||||||||
Clark County Department of Aviation, Series B, AMT, RB, 5.000%, 07/01/17 |
1,000,000 | 1,041,760 | ||||||
|
|
|||||||
North Carolina 3.0% |
||||||||
Raleigh Combined Enterprise System Revenue, Series B, RB, 5.000%, 12/01/18 |
1,000,000 | 1,104,880 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Ohio 5.5% |
||||||||
Crawford County, RB, 1.430%, 11/01/17 |
2,000,000 | 2,007,080 | ||||||
|
|
|||||||
Rhode Island 8.7% |
||||||||
Rhode Island Health & Educational Building Corp., RB, 4.000%, 05/15/20, AGM, ST APPROP |
750,000 | 825,240 | ||||||
State of Rhode Island, GO, 5.000%, 08/01/18(a) |
2,150,000 | 2,344,166 | ||||||
|
|
|||||||
3,169,406 | ||||||||
|
|
|||||||
South Carolina 2.1% |
||||||||
SCAGO Educational Facilities Corp. for Pickens School District, RB, 5.000%, 12/01/16 |
750,000 | 763,823 | ||||||
|
|
|||||||
Texas 12.3% |
||||||||
New Hope Cultural Education Facilities Financing Corp., Student Housing Corp., Series A, RB, 4.000%, 04/01/17, AGM |
200,000 | 204,448 | ||||||
New Hope Cultural Education Facilities Financing Corp., Student Housing Corp., Series A, RB, 4.000%, 04/01/18, AGM |
200,000 | 209,682 | ||||||
Nueces River Authority, RB, 3.000%, 07/15/17 |
1,000,000 | 1,024,550 | ||||||
Texas Public Finance Authority, Series B, RB, 4.000%, 01/01/18(a) |
3,000,000 | 3,009,300 | ||||||
|
|
|||||||
4,447,980 | ||||||||
|
|
|||||||
Washington 9.4% |
||||||||
Port of Seattle, AMT, GO, 5.250%, 12/01/20 |
1,030,000 | 1,216,481 | ||||||
Snohomish County Public Utility District No. 1, RB, 5.000%, 12/01/16 |
1,000,000 | 1,019,050 | ||||||
Tacoma Sewer Revenue, Series B, RB, 5.000%, 12/01/20(b) |
1,000,000 | 1,159,430 | ||||||
|
|
|||||||
3,394,961 | ||||||||
|
|
|||||||
Total Municipal Bonds (Cost $34,653,055) |
34,924,337 | |||||||
|
|
|||||||
Money Market Fund 5.8% |
||||||||
Federated Tax-Free Obligations Fund, Wealth Shares, 0.27%(c) |
2,106,783 | 2,106,783 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $2,106,783) |
2,106,783 | |||||||
|
|
|||||||
Total Investments |
37,031,120 | |||||||
Liabilities in Excess of Other Assets (2.1)% |
(759,675 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 36,271,445 | ||||||
|
|
(a) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(b) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(c) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
AGM | Security guaranteed by Assured Guaranty Municipal Corporation |
AMBAC | Security guaranteed by American Municipal Bond Assurance Corporation |
AMT | Income subject to Alternative Minimum Tax |
CA MTG INS | California Mortgage Insurance |
GO | General Obligation |
RB | Revenue Bond |
ST APPROP | State Appropriation |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Total Return Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 3.7% |
||||||||
Automobiles 0.4% |
||||||||
Ford Credit Auto Owner Trust, Series 2016-1, Cl A, 2.310%, 08/15/27(a) |
3,525,000 | 3,598,692 | ||||||
|
|
|||||||
Credit Card 1.6% |
||||||||
American Express Issuance Trust II, Series 2013-1, Cl A, 0.722%, 02/15/19(b) |
1,455,000 | 1,453,977 | ||||||
Barclays Dryrock Issuance Trust, Series 2014-3, Cl A, 2.410%, 07/15/22 |
8,995,000 | 9,253,953 | ||||||
Cabelas Credit Card Master Note Trust, Series 2014-2, Cl A, 0.892%, 07/15/22(b) |
4,063,000 | 4,024,430 | ||||||
Capital One Multi-Asset Execution Trust, Series 2005-B3, Cl B3, 1.178%, 05/15/28(b) |
1,632,000 | 1,522,938 | ||||||
|
|
|||||||
16,255,298 | ||||||||
|
|
|||||||
Other 1.7% |
||||||||
DB Master Finance LLC, Series 2015-1A, Cl A2II, 3.980%, 02/20/45(a) |
4,201,813 | 4,314,841 | ||||||
Dominos Pizza Master Issuer LLC, Series 2012-1A, Cl A2, 5.216%, 01/25/42(a) |
4,781,783 | 4,921,411 | ||||||
Ohio Phase-In-Recovery Funding LLC, Series 2013-1, Cl A2, 2.049%, 07/01/20 |
2,895,000 | 2,936,744 | ||||||
Taco Bell Funding LLC, Series 2016-1A, Cl A2I, 3.832%, 05/25/46(a) |
4,975,000 | 5,035,695 | ||||||
|
|
|||||||
17,208,691 | ||||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $36,458,177) |
|
37,062,681 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 4.0% |
||||||||
Commercial Mortgage Backed Securities 4.0% |
||||||||
FREMF Mortgage Trust |
||||||||
Series 2011-K10, Cl B, 4.790%, 11/25/49(a)(b) |
2,495,000 | 2,712,969 | ||||||
Series 2012-K21, Cl B, 4.071%, 07/25/45(a)(b) |
2,320,000 | 2,469,985 | ||||||
Series 2016-K52, Cl B, 4.055%, 01/25/49(a)(b) |
3,170,000 | 3,085,327 | ||||||
Series 2016-K722, Cl B, 3.835%, 07/25/49(a)(b) |
395,000 | 373,140 | ||||||
|
|
|||||||
8,641,421 | ||||||||
|
|
|||||||
GS Mortgage Securities Corp. II |
||||||||
Series 2012-ALOH, Cl A, 3.551%, 04/10/34(a) |
7,000,000 | 7,573,866 | ||||||
Series 2012-BWTR, Cl A, 2.954%, 11/05/34(a) |
3,211,000 | 3,354,132 | ||||||
Series 2012-BWTR, Cl B, 3.255%, 11/05/34(a) |
2,890,000 | 2,953,729 | ||||||
|
|
|||||||
13,881,727 | ||||||||
|
|
|||||||
GS Mortgage Securities Trust |
||||||||
Series 2010-C1, Cl A2, 4.592%, 08/10/43(a) |
3,822,000 | 4,225,524 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2012-HSBC, Cl B, 3.722%, 07/05/32(a) |
1,790,000 | 1,856,329 | ||||||
|
|
|||||||
Morgan Stanley Capital I Trust |
||||||||
Series 2014-CPT, Cl A, 3.350%, 07/13/29(a) |
4,815,000 | 5,117,193 | ||||||
|
|
|||||||
VNDO 2013-PENN Mortgage Trust |
||||||||
Series 2013-PENN, Cl A, 3.808%, 12/13/29(a) |
3,315,000 | 3,527,634 | ||||||
|
|
|||||||
Wells Fargo Commercial Mortgage Trust |
||||||||
Series 2013-BTC, Cl A, 3.544%, 04/16/35(a) |
2,900,000 | 3,116,766 | ||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $38,975,858) |
|
40,366,594 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
Corporate Bonds 25.1% |
| |||||||
Agriculture 0.2% |
| |||||||
Japan Tobacco, Inc., 2.100%, 07/23/18(a) |
1,852,000 | 1,880,639 | ||||||
|
|
|||||||
Airlines 0.3% |
||||||||
Southwest Airlines Co., 2.650%, 11/05/20 |
1,355,000 | 1,398,576 | ||||||
United Airlines 2016-1 Class A Pass Through Trust, Series 2016-1, Cl A, 3.450%, 01/07/30,Series A |
1,377,000 | 1,411,425 | ||||||
|
|
|||||||
2,810,001 | ||||||||
|
|
|||||||
Auto Manufacturers 1.4% |
||||||||
BMW U.S. Capital LLC, 2.800%, 04/11/26(a)(c) |
2,497,000 | 2,561,205 | ||||||
Daimler Finance North America LLC, 2.250%, 03/02/20(a) |
1,280,000 | 1,303,798 | ||||||
Ford Motor Credit Co. LLC, 3.336%, 03/18/21 |
3,874,000 | 4,017,830 | ||||||
General Motors Co., 5.200%, 04/01/45 |
4,357,000 | 4,316,597 | ||||||
Volkswagen International Finance, 2.375%, 03/22/17(a) |
1,539,000 | 1,549,050 | ||||||
|
|
|||||||
13,748,480 | ||||||||
|
|
|||||||
Auto Parts & Equipment 0.7% |
||||||||
Delphi Automotive PLC, 4.250%, 01/15/26 |
1,559,000 | 1,703,731 | ||||||
Lear Corp., 4.750%, 01/15/23 |
1,338,000 | 1,374,795 | ||||||
Magna International, Inc., 4.150%, 10/01/25 |
3,125,000 | 3,433,660 | ||||||
|
|
|||||||
6,512,186 | ||||||||
|
|
|||||||
Banks 4.2% |
||||||||
Bank of America Corp., 4.450%, 03/03/26, MTN |
1,548,000 | 1,619,109 | ||||||
Bank of America Corp., 6.300%(b)(d) |
1,842,000 | 1,957,125 | ||||||
Cooperatieve Rabobank UA, 2.500%, 01/19/21, MTN |
1,609,000 | 1,649,251 | ||||||
Credit Suisse Group Funding Guernsey Ltd., 3.800%, 09/15/22 |
2,605,000 | 2,616,259 | ||||||
Fifth Third Bank, 2.250%, 06/14/21 |
1,195,000 | 1,213,640 | ||||||
Fifth Third Bank, 3.850%, 03/15/26 |
3,120,000 | 3,276,508 | ||||||
Goldman Sachs Group, Inc. (The), 5.150%, 05/22/45 |
2,320,000 | 2,420,365 | ||||||
Huntington National Bank (The), 1.300%, 11/20/16 |
1,869,000 | 1,871,097 | ||||||
ING Bank NV, 1.800%, 03/16/18(a) |
1,146,000 | 1,152,500 | ||||||
JPMorgan Chase & Co., 2.250%, 01/23/20 |
2,953,000 | 2,993,613 | ||||||
KeyCorp, 2.900%, 09/15/20, MTN |
1,672,000 | 1,729,328 | ||||||
Lloyds Bank PLC, 2.050%, 01/22/19 |
1,768,000 | 1,763,414 | ||||||
Lloyds Banking Group PLC, 3.100%, 07/06/21 |
1,222,000 | 1,224,114 | ||||||
Morgan Stanley, 2.650%, 01/27/20 |
1,878,000 | 1,908,966 | ||||||
Morgan Stanley, 3.875%, 01/27/26, MTN |
5,690,000 | 6,040,436 | ||||||
Morgan Stanley, 3.950%, 04/23/27 |
1,159,000 | 1,172,097 | ||||||
Regions Bank, 2.250%, 09/14/18 |
845,000 | 850,626 | ||||||
US Bancorp, 2.350%, 01/29/21, MTN |
1,294,000 | 1,335,734 | ||||||
US Bancorp, 3.600%, 09/11/24, MTN |
2,485,000 | 2,676,775 | ||||||
US Bank NA, 1.100%, 01/30/17 |
2,968,000 | 2,969,448 | ||||||
|
|
|||||||
42,440,405 | ||||||||
|
|
|||||||
Beverages 0.8% |
||||||||
Anheuser-Busch InBev Finance, Inc., 2.650%, 02/01/21 |
1,174,000 | 1,217,456 | ||||||
Anheuser-Busch InBev Finance, Inc., 3.650%, 02/01/26 |
713,000 | 763,798 | ||||||
Anheuser-Busch InBev Finance, Inc., 4.900%, 02/01/46 |
2,168,000 | 2,540,553 | ||||||
Molson Coors Brewing Co., 4.200%, 07/15/46(e) |
1,846,000 | 1,853,894 | ||||||
SABMiller Holdings, Inc., 2.450%, 01/15/17(a) |
2,020,000 | 2,033,368 | ||||||
|
|
|||||||
8,409,069 | ||||||||
|
|
|||||||
Biotechnology 0.2% |
||||||||
Celgene Corp., 4.625%, 05/15/44 |
819,000 | 851,846 | ||||||
Celgene Corp., 5.000%, 08/15/45 |
961,000 | 1,058,387 | ||||||
|
|
|||||||
1,910,233 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Commercial Services 0.4% |
| |||||||
ERAC USA Finance LLC, 2.750%, 03/15/17(a) |
935,000 | 944,256 | ||||||
ERAC USA Finance LLC, 3.850%, 11/15/24(a) |
903,000 | 970,666 | ||||||
ERAC USA Finance LLC, 4.500%, 02/15/45(a) |
851,000 | 899,126 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(a) |
1,149,000 | 1,289,821 | ||||||
|
|
|||||||
4,103,869 | ||||||||
|
|
|||||||
Computers 0.2% |
||||||||
Diamond 1 Finance Corp./Diamond 2 Finance Corp., 8.350%, 07/15/46(a) |
1,773,000 | 1,906,168 | ||||||
|
|
|||||||
Diversified Financial Services 1.4% |
||||||||
AerCap Ireland Capital Ltd. / AerCap Global Aviation Trust, 3.950%, 02/01/22 |
2,551,000 | 2,551,000 | ||||||
Air Lease Corp., 2.625%, 09/04/18 |
4,069,000 | 4,068,141 | ||||||
American Express Credit Corp., 2.375%, 03/24/17, MTN |
1,487,000 | 1,501,530 | ||||||
Lazard Group LLC, 3.750%, 02/13/25 |
3,968,000 | 3,944,517 | ||||||
TD Ameritrade Holding Corp., 2.950%, 04/01/22 |
1,449,000 | 1,509,735 | ||||||
|
|
|||||||
13,574,923 | ||||||||
|
|
|||||||
Electric 1.1% |
||||||||
Berkshire Hathaway Energy Co., 6.125%, 04/01/36 |
1,050,000 | 1,392,335 | ||||||
Dominion Resources, Inc., 1.950%, 08/15/16 |
468,000 | 468,449 | ||||||
Emera U.S. Finance LP, 4.750%, 06/15/46(a) |
2,947,000 | 2,990,978 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 |
1,189,000 | 1,256,310 | ||||||
FirstEnergy Transmission LLC, 5.450%, 07/15/44(a) |
4,376,000 | 4,767,766 | ||||||
|
|
|||||||
10,875,838 | ||||||||
|
|
|||||||
Electronics 0.1% |
||||||||
Fortive Corp., 4.300%, 06/15/46(a) |
738,000 | 784,197 | ||||||
|
|
|||||||
Healthcare - Products 0.3% |
||||||||
Becton Dickinson and Co., 4.685%, 12/15/44 |
761,000 | 857,326 | ||||||
Medtronic, Inc., 3.500%, 03/15/25 |
565,000 | 615,920 | ||||||
Medtronic, Inc., 4.625%, 03/15/45 |
1,597,000 | 1,877,898 | ||||||
|
|
|||||||
3,351,144 | ||||||||
|
|
|||||||
Healthcare - Services 0.5% |
||||||||
Aetna, Inc., 4.375%, 06/15/46 |
3,254,000 | 3,379,273 | ||||||
Howard Hughes Medical Institute, 3.500%, 09/01/23 |
1,426,000 | 1,573,659 | ||||||
|
|
|||||||
4,952,932 | ||||||||
|
|
|||||||
Insurance 0.5% |
||||||||
Chubb INA Holdings, Inc., 4.350%, 11/03/45 |
879,000 | 1,011,219 | ||||||
MassMutual Global Funding LLC, 2.000%, 04/05/17(a) |
1,291,000 | 1,302,299 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(a) |
1,746,000 | 1,950,143 | ||||||
Reinsurance Group of America, Inc., 4.700%, 09/15/23, MTN |
836,000 | 909,088 | ||||||
|
|
|||||||
5,172,749 | ||||||||
|
|
|||||||
Media 0.5% |
||||||||
Comcast Corp., 4.650%, 07/15/42 |
4,157,000 | 4,770,224 | ||||||
|
|
|||||||
Mining 2.0% |
||||||||
Barrick (PD) Australia Finance Property Ltd., 5.950%, 10/15/39 |
3,977,000 | 4,155,094 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(a) |
1,083,000 | 1,119,665 | ||||||
BHP Billiton Finance USA Ltd., 5.000%, 09/30/43 |
2,112,000 | 2,454,085 | ||||||
Newmont Mining Corp., 4.875%, 03/15/42 |
2,703,000 | 2,672,724 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 |
7,239,000 | 8,056,290 | ||||||
Rio Tinto Finance USA Ltd., 3.750%, 06/15/25 |
1,462,000 | 1,529,429 | ||||||
|
|
|||||||
19,987,287 | ||||||||
|
|
|||||||
Miscellaneous Manufacturer 0.8% |
||||||||
3M Co., 1.375%, 09/29/16, MTN |
971,000 | 972,777 | ||||||
General Electric Co., 2.700%, 10/09/22 |
1,118,000 | 1,173,345 | ||||||
General Electric Co., 3.450%, 05/15/24, MTN |
2,024,000 | 2,203,739 | ||||||
General Electric Co., 4.125%, 10/09/42 |
901,000 | 991,034 | ||||||
General Electric Co., 5.250%, 12/06/17 |
2,161,000 | 2,289,452 | ||||||
|
|
|||||||
7,630,347 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Oil & Gas 3.4% |
| |||||||
Apache Corp., 3.250%, 04/15/22 |
2,190,000 | 2,243,445 | ||||||
BP Capital Markets PLC, 2.248%, 11/01/16 |
2,052,000 | 2,060,746 | ||||||
ConocoPhillips Co., 5.950%, 03/15/46 |
2,268,000 | 2,821,936 | ||||||
Devon Energy Corp., 5.850%, 12/15/25(c) |
2,145,000 | 2,366,117 | ||||||
Ensco PLC, 4.500%, 10/01/24 |
1,098,000 | 735,660 | ||||||
Ensco PLC, 5.200%, 03/15/25 |
4,517,000 | 3,139,315 | ||||||
Ensco PLC, 5.750%, 10/01/44 |
1,833,000 | 1,099,800 | ||||||
EOG Resources, Inc., 4.150%, 01/15/26 |
3,086,000 | 3,378,457 | ||||||
Exxon Mobil Corp., 3.043%, 03/01/26 |
2,506,000 | 2,660,152 | ||||||
Marathon Oil Corp., 3.850%, 06/01/25 |
2,147,000 | 1,972,513 | ||||||
Marathon Petroleum Corp., 3.625%, 09/15/24 |
342,000 | 335,843 | ||||||
Marathon Petroleum Corp., 5.000%, 09/15/54 |
2,381,000 | 1,994,478 | ||||||
Shell International Finance BV, 1.875%, 05/10/21 |
1,601,000 | 1,609,484 | ||||||
Shell International Finance BV, 2.875%, 05/10/26 |
1,395,000 | 1,417,293 | ||||||
Shell International Finance BV, 3.250%, 05/11/25 |
2,606,000 | 2,733,921 | ||||||
Woodside Finance Ltd., 3.650%, 03/05/25(a) |
1,575,000 | 1,538,482 | ||||||
Woodside Finance Ltd., 4.600%, 05/10/21(a) |
2,086,000 | 2,207,495 | ||||||
|
|
|||||||
34,315,137 | ||||||||
|
|
|||||||
Oil & Gas Services 0.7% |
||||||||
FMC Technologies, Inc., 3.450%, 10/01/22 |
508,000 | 484,437 | ||||||
Schlumberger Holdings Corp., 3.000%, 12/21/20(a) |
1,726,000 | 1,800,142 | ||||||
Schlumberger Holdings Corp., 4.000%, 12/21/25(a) |
3,391,000 | 3,649,509 | ||||||
Schlumberger Investment SA, 3.300%, 09/14/21(a) |
1,309,000 | 1,387,166 | ||||||
|
|
|||||||
7,321,254 | ||||||||
|
|
|||||||
Pharmaceuticals 0.5% |
||||||||
AbbVie, Inc., 3.600%, 05/14/25 |
2,129,000 | 2,230,830 | ||||||
Express Scripts Holding Co., 2.650%, 02/15/17 |
1,560,000 | 1,576,584 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 |
765,000 | 844,378 | ||||||
|
|
|||||||
4,651,792 | ||||||||
|
|
|||||||
Pipelines 0.8% |
||||||||
EnLink Midstream Partners LP, 4.150%, 06/01/25 |
1,896,000 | 1,747,376 | ||||||
NuStar Logistics LP, 4.800%, 09/01/20 |
2,870,000 | 2,783,900 | ||||||
Phillips 66 Partners LP, 3.605%, 02/15/25 |
362,000 | 355,725 | ||||||
Phillips 66 Partners LP, 4.680%, 02/15/45 |
470,000 | 433,891 | ||||||
Western Gas Partners LP, 4.650%, 07/01/26(e) |
1,400,000 | 1.396,164 | ||||||
Williams Partners LP, 4.000%, 09/15/25 |
886,000 | 812,661 | ||||||
|
|
|||||||
7,529,717 | ||||||||
|
|
|||||||
Real Estate Investment Trust 1.1% |
||||||||
American Tower Corp., 3.500%, 01/31/23 |
1,377,000 | 1,424,858 | ||||||
American Tower Corp., 5.000%, 02/15/24 |
2,564,000 | 2,899,889 | ||||||
Boston Properties LP, 3.650%, 02/01/26 |
1,437,000 | 1,531,434 | ||||||
Digital Realty Trust LP, 3.950%, 07/01/22 |
2,468,000 | 2,585,289 | ||||||
Digital Realty Trust LP, 4.750%, 10/01/25 |
1,521,000 | 1,633,546 | ||||||
Simon Property Group LP, 3.300%, 01/15/26 |
1,043,000 | 1,114,168 | ||||||
|
|
|||||||
11,189,184 | ||||||||
|
|
|||||||
Retail 0.7% |
||||||||
CVS Health Corp., 5.125%, 07/20/45 |
1,372,000 | 1,702,070 | ||||||
Home Depot, Inc. (The), 2.625%, 06/01/22 |
1,554,000 | 1,626,322 | ||||||
Wal-Mart Stores, Inc., 1.125%, 04/11/18 |
4,140,000 | 4,160,969 | ||||||
|
|
|||||||
7,489,361 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Semiconductors 0.6% |
| |||||||
Intel Corp., 1.950%, 10/01/16 |
1,031,000 | 1,034,159 | ||||||
Intel Corp., 4.900%, 07/29/45 |
1,324,000 | 1,542,287 | ||||||
TSMC Global Ltd., 1.625%, 04/03/18(a) |
3,589,000 | 3,598,740 | ||||||
|
|
|||||||
6,175,186 | ||||||||
|
|
|||||||
Software 0.5% |
||||||||
Oracle Corp., 2.650%, 07/15/26(e) |
5,376,000 | 5,389,488 | ||||||
|
|
|||||||
Telecommunication Services 1.2% |
||||||||
AT&T, Inc., 2.375%, 11/27/18 |
1,854,000 | 1,892,076 | ||||||
AT&T, Inc., 3.950%, 01/15/25 |
580,000 | 616,508 | ||||||
AT&T, Inc., 4.350%, 06/15/45 |
699,000 | 677,307 | ||||||
AT&T, Inc., 4.750%, 05/15/46 |
1,730,000 | 1,773,030 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.849%, 04/15/23 |
2,466,000 | 2,630,398 | ||||||
Cisco Systems, Inc., 2.125%, 03/01/19 |
1,666,000 | 1,711,085 | ||||||
Verizon Communications, Inc., 4.862%, 08/21/46 |
2,524,000 | 2,758,952 | ||||||
|
|
|||||||
12,059,356 | ||||||||
|
|
|||||||
Total Corporate Bonds (Cost $238,633,605) |
|
250,941,166 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 26.4% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #G30614, 3.500%, 12/01/32 |
4,491,389 | 4,813,425 | ||||||
Pool #C91768, 3.500%, 07/01/34 |
1,926,465 | 2,050,134 | ||||||
Pool #G01779, 5.000%, 04/01/35 |
314,874 | 350,495 | ||||||
Pool #G01837, 5.000%, 07/01/35 |
2,127,679 | 2,356,912 | ||||||
Pool #G01838, 5.000%, 07/01/35 |
280,292 | 312,050 | ||||||
Pool #G05326, 5.000%, 02/01/38 |
1,295,501 | 1,439,264 | ||||||
Pool #G07135, 6.000%, 10/01/38 |
1,656,858 | 1,892,884 | ||||||
Pool #G08347, 4.500%, 06/01/39 |
2,619,395 | 2,869,906 | ||||||
Pool #G08353, 4.500%, 07/01/39 |
3,257,587 | 3,570,019 | ||||||
Pool #G05606, 4.500%, 07/01/39 |
7,145,419 | 7,834,339 | ||||||
Pool #G06079, 6.000%, 07/01/39 |
809,476 | 925,149 | ||||||
Pool #A89148, 4.000%, 10/01/39 |
1,446,677 | 1,555,503 | ||||||
Pool #A89384, 4.000%, 10/01/39 |
185,385 | 199,233 | ||||||
Pool #G08372, 4.500%, 11/01/39 |
1,910,032 | 2,095,064 | ||||||
Pool #A93101, 5.000%, 07/01/40 |
1,375,850 | 1,521,057 | ||||||
Pool #G06061, 4.000%, 10/01/40 |
2,833,662 | 3,069,041 | ||||||
Pool #A95796, 4.000%, 12/01/40 |
1,167,325 | 1,254,822 | ||||||
Pool #A95822, 4.000%, 12/01/40 |
2,867,012 | 3,122,475 | ||||||
Pool #Q04085, 3.500%, 10/01/41 |
153,837 | 164,390 | ||||||
Pool #G60126, 4.500%, 11/01/41 |
431,675 | 473,460 | ||||||
Pool #G07491, 4.500%, 03/01/42 |
52,788 | 57,856 | ||||||
Pool #Q18522, 3.500%, 05/01/43 |
4,884,383 | 5,195,673 | ||||||
Pool #849167, 2.943%, 10/01/43(b) |
4,123,247 | 4,296,702 | ||||||
Pool #G60019, 4.500%, 03/01/44 |
6,761,542 | 7,406,529 | ||||||
Pool #Q31066, 4.000%, 02/01/45 |
1,177,032 | 1,273,538 | ||||||
Pool #Q31645, 4.000%, 02/01/45 |
5,580,168 | 6,015,156 | ||||||
Pool #Q35611, 4.000%, 09/01/45 |
5,943,921 | 6,419,764 | ||||||
Pool #Q37163, 3.500%, 11/01/45 |
2,976,008 | 3,152,163 | ||||||
Pool #Q40123, 3.500%, 04/01/46 |
2,764,085 | 2,931,963 | ||||||
Pool #Q40124, 3.500%, 04/01/46 |
3,546,516 | 3,757,005 | ||||||
|
|
|||||||
82,375,971 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #AP9592, 3.500%, 10/01/32 |
3,190,221 | 3,404,277 | ||||||
Pool #MA1630, 4.000%, 10/01/33 |
1,893,040 | 2,049,936 | ||||||
Pool #MA1688, 3.500%, 12/01/33 |
129,891 | 138,194 | ||||||
Pool #MA1763, 3.500%, 01/01/34 |
5,804,370 | 6,173,422 |
See Notes to Schedules of Portfolio Investments.
Pool #190370, 6.000%, 06/01/36 |
1,618,723 | 1,855,766 | ||||||
Pool #745950, 6.000%, 11/01/36 |
1,630,939 | 1,868,990 | ||||||
Pool #888128, 6.000%, 01/01/37 |
261,465 | 299,476 | ||||||
Pool #890248, 6.000%, 08/01/37 |
375,745 | 436,071 | ||||||
Pool #889529, 6.000%, 03/01/38 |
132,762 | 153,762 | ||||||
Pool #889579, 6.000%, 05/01/38 |
626,274 | 716,499 | ||||||
Pool #995724, 6.000%, 04/01/39 |
1,191,000 | 1,383,518 | ||||||
Pool #AE0814, 6.000%, 09/01/39 |
249,915 | 286,106 | ||||||
Pool #AC2817, 4.000%, 10/01/39 |
461,682 | 494,832 | ||||||
Pool #AX3605, 3.500%, 01/01/40 |
2,675,607 | 2,827,533 | ||||||
Pool #932441, 4.000%, 01/01/40 |
6,432,741 | 6,894,299 | ||||||
Pool #AC9564, 4.500%, 02/01/40 |
758,299 | 838,493 | ||||||
Pool #AL7497, 3.500%, 09/01/40 |
7,293,494 | 7,706,599 | ||||||
Pool #AD9725, 3.500%, 10/01/40 |
1,161,723 | 1,226,065 | ||||||
Pool #AE3860, 5.000%, 10/01/40 |
509,161 | 569,396 | ||||||
Pool #AE5143, 4.000%, 11/01/40 |
403,721 | 435,868 | ||||||
Pool #AE9284, 4.000%, 11/01/40 |
655,933 | 705,748 | ||||||
Pool #AB2071, 3.500%, 01/01/41 |
542,359 | 573,830 | ||||||
Pool #AH4161, 3.500%, 01/01/41 |
1,031,364 | 1,090,995 | ||||||
Pool #AL0215, 4.500%, 04/01/41 |
4,337,231 | 4,755,676 | ||||||
Pool #AB3274, 4.500%, 07/01/41 |
1,819,943 | 2,004,010 | ||||||
Pool #AB3865, 3.500%, 11/01/41 |
1,152,446 | 1,232,908 | ||||||
Pool #AT8263, 3.500%, 01/01/42 |
1,469,430 | 1,550,945 | ||||||
Pool #AW8154, 3.500%, 01/01/42 |
12,005,812 | 12,766,335 | ||||||
Pool #AB5188, 3.500%, 05/01/42 |
6,453,295 | 6,833,548 | ||||||
Pool #AP7874, 3.500%, 10/01/42 |
1,918,261 | 2,029,935 | ||||||
Pool #AB6903, 3.000%, 11/01/42 |
1,446,668 | 1,518,094 | ||||||
Pool #AB8726, 3.500%, 03/01/43 |
7,105,954 | 7,514,524 | ||||||
Pool #AT2720, 3.000%, 05/01/43 |
1,650,094 | 1,728,479 | ||||||
Pool #AL3657, 3.500%, 06/01/43 |
3,976,543 | 4,252,347 | ||||||
Pool #AU3742, 3.500%, 08/01/43 |
973,480 | 1,034,932 | ||||||
Pool #AL5162, 3.000%, 09/01/43 |
1,736,879 | 1,814,008 | ||||||
Pool #AL5939, 3.500%, 09/01/43 |
5,613,040 | 5,968,220 | ||||||
Pool #AS2037, 4.500%, 03/01/44 |
3,025,101 | 3,310,046 | ||||||
Pool #AL6223, 4.500%, 08/01/44 |
656,175 | 717,264 | ||||||
Pool #AL7378, 3.000%, 11/01/44 |
3,072,237 | 3,197,064 | ||||||
Pool #AY2685, 4.500%, 01/01/45 |
681,343 | 746,707 | ||||||
Pool #AX8835, 2.801%, 02/01/45(b) |
3,228,350 | 3,337,679 | ||||||
Pool #BC2470, 3.500%, 02/01/46 |
2,311,101 | 2,453,385 | ||||||
|
|
|||||||
110,895,781 | ||||||||
|
|
|||||||
Government National Mortgage Association |
||||||||
Pool #736663, 5.000%, 03/15/40 |
6,593,325 | 7,382,699 | ||||||
Pool #736666, 4.500%, 04/15/40 |
3,301,096 | 3,636,870 | ||||||
Pool #MA0321, 5.000%, 08/20/42 |
523,858 | 575,353 | ||||||
Pool #666413, 4.000%, 09/15/43 |
1,477,384 | 1,607,476 | ||||||
Pool #MA2681, 5.000%, 03/20/45 |
2,062,531 | 2,242,453 | ||||||
Pool #AM0226, 4.000%, 05/15/45 |
190,381 | 204,819 | ||||||
Pool #AM9875, 4.000%, 06/15/45 |
1,673,196 | 1,807,797 | ||||||
Pool #626960, 3.500%, 07/15/45 |
4,600,109 | 4,927,041 | ||||||
Pool #AN8476, 3.500%, 07/15/45 |
3,197,990 | 3,400,609 | ||||||
Pool #AM8631, 4.000%, 07/15/45 |
2,516,500 | 2,708,075 | ||||||
Pool #AN5745, 4.000%, 07/15/45 |
3,404,904 | 3,679,021 | ||||||
Pool #AN5781, 4.000%, 07/15/45 |
1,696,944 | 1,823,504 | ||||||
Pool #AN5764, 4.000%, 07/15/45 |
1,425,298 | 1,540,089 | ||||||
Pool #AN5766, 4.000%, 07/15/45 |
1,461,316 | 1,573,692 | ||||||
Pool #AN6811, 4.000%, 07/15/45 |
1,137,587 | 1,223,698 | ||||||
Pool #AO0509, 3.500%, 08/15/45 |
3,597,711 | 3,843,798 | ||||||
Pool #626970, 3.500%, 08/15/45 |
2,179,180 | 2,333,957 | ||||||
Pool #AO3608, 4.000%, 08/15/45 |
6,587,161 | 7,093,643 |
See Notes to Schedules of Portfolio Investments.
Pool #AP5075, 4.000%, 09/15/45 |
1,063,752 | 1,164,446 | ||||||
Pool #AP5076, 4.000%, 09/15/45 |
1,131,186 | 1,238,168 | ||||||
Pool #AP5077, 4.000%, 09/15/45 |
1,005,711 | 1,101,095 | ||||||
Pool #AB5970, 4.000%, 10/15/45 |
2,398,045 | 2,584,896 | ||||||
Pool #AB5975, 4.000%, 11/15/45 |
2,230,713 | 2,404,597 | ||||||
Pool #AO9362, 4.000%, 12/15/45 |
9,946,148 | 10,724,444 | ||||||
|
|
|||||||
70,822,240 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $257,114,366) |
|
264,093,992 | ||||||
|
|
|||||||
U.S. Treasury Obligations 37.7% |
||||||||
U.S. Treasury Bond 5.1% |
||||||||
2.500%, 02/15/46(c) |
49,178,000 | 51,208,511 | ||||||
|
|
|||||||
U.S. Treasury Notes 32.6% |
||||||||
0.875%, 09/15/16(c) |
115,152,000 | 115,283,734 | ||||||
0.625%, 09/30/17(f) |
32,635,000 | 32,665,612 | ||||||
1.250%, 10/31/18 |
20,523,000 | 20,807,592 | ||||||
1.500%, 10/31/19 |
1,484,000 | 1,518,549 | ||||||
1.375%, 02/29/20 |
42,197,000 | 42,993,131 | ||||||
1.625%, 05/15/26(c) |
110,420,000 | 111,770,105 | ||||||
|
|
|||||||
325,038,723 | ||||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $370,406,200) |
|
376,247,234 | ||||||
|
|
|||||||
Money Market Funds 11.3% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(g) |
27,873,838 | 27,873,838 | ||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(g)(h) |
84,658,328 | 84,658,328 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $112,532,166) |
|
112,532,166 | ||||||
|
|
|||||||
Total Investments |
1,081,243,833 | |||||||
Liabilities in Excess of Other Assets (8.2)% |
(81,652,015 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 999,591,818 | ||||||
|
|
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 10.2% of net assets as of June 30, 2016. |
(b) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(c) | The security or a partial position of the security was on loan as of June 30, 2016. The total value of securities on loan as of June 30, 2016 was $82,733,128. |
(d) | Perpetual maturity. |
(e) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(f) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(g) | Rate disclosed, the 7 day net yield, is as of June 30, 2016. |
(h) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before June 30, 2016 (See Note 2(i)). |
Investment Abbreviation
MTN | Medium Term Note |
See Notes to Schedules of Portfolio Investments.
At June 30, 2016, the Funds open credit default swap contracts were as follows:
Centrally Cleared Credit Default Swap Contracts Buy Protection
Implied | ||||||||||||||||||||||||||
Underlying Instrument |
Broker (Exchange) | Notional Amount |
Fixed Rate |
Expiration Date |
Credit Spread* |
Value | Unrealized Depreciation |
|||||||||||||||||||
CDX.NA.HY.26 |
JPMorgan (CME) | $ | 55,000,000 | 5.000 | % | 06/20/21 | 4.288 | % | $ | (1,663,608 | ) | $ | (799,276 | ) |
The notional amount represents the maximum potential amount the Fund could be required to pay as seller of credit protection if a credit event occurs, as defined under the terms of the swap contract, for each security included in CDX.NA.HY.26.
The value column indicates the impact each respective swap agreement has on the Funds Net Assets at June 30, 2016.
* | Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
Forward Foreign Currency Contracts
At June 30, 2016, the Funds open forward foreign currency contracts were as follows:
Currency |
Counterparty | Delivery Date |
Contract Amount in Local Currency |
Contract Value in USD |
Market Value |
Unrealized Appreciation (Depreciation) |
||||||||||||||||||
Short: |
||||||||||||||||||||||||
Australian Dollar |
JPMorgan | 08/15/16 | 20,670,880 | 15,344,697 | 15,393,278 | (48,581 | ) | |||||||||||||||||
Chilean Peso |
JPMorgan | 07/11/16 | 7,622,160,000 | 11,200,000 | 11,509,602 | (309,602 | ) | |||||||||||||||||
Euro |
JPMorgan | 08/15/16 | 17,694,558 | 20,081,288 | 19,665,458 | 415,830 | ||||||||||||||||||
Japanese Yen |
JPMorgan | 07/19/16 | 608,093,136 | 5,600,000 | 5,891,131 | (291,131 | ) | |||||||||||||||||
Mexican Peso (new) |
JPMorgan | 07/05/16 | 377,105,679 | 21,448,683 | 20,626,536 | 822,147 | ||||||||||||||||||
New Zealand Dollar |
JPMorgan | 08/08/16 | 29,217,600 | 19,841,541 | 20,824,935 | (983,394 | ) | |||||||||||||||||
Yuan Renminbi Offshore |
JPMorgan | 08/19/16 | 148,957,310 | 22,300,000 | 22,312,618 | (12,618 | ) | |||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
Total Short Contracts |
$ | 115,816,209 | $ | 116,223,558 | $ | (407,349 | ) | |||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
Long: |
||||||||||||||||||||||||
Australian Dollar |
JPMorgan | 08/15/16 | 20,670,880 | 15,429,510 | 15,393,278 | (36,232 | ) | |||||||||||||||||
Chilean Peso |
JPMorgan | 07/11/16 | 7,622,160,000 | 10,909,060 | 11,509,602 | 600,542 | ||||||||||||||||||
Japanese Yen |
JPMorgan | 07/19/16 | 608,093,136 | 5,562,114 | 5,891,132 | 329,018 | ||||||||||||||||||
Mexican Peso (new) |
JPMorgan | 07/05/16 | 377,105,679 | 21,846,508 | 20,626,536 | (1,219,972 | ) | |||||||||||||||||
New Zealand Dollar |
JPMorgan | 08/08/16 | 29,217,600 | 20,831,126 | 20,824,934 | (6,192 | ) | |||||||||||||||||
Yuan Renminbi Offshore |
JPMorgan | 08/19/16 | 16,481,450 | 2,500,000 | 2,468,790 | (31,210 | ) | |||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
Total Long Contracts |
$ | 77,078,318 | $ | 76,714,272 | $ | (364,046 | ) | |||||||||||||||||
|
|
|
|
|
|
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix U.S. Government Securities Ultra-Short Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Security 0.8% |
||||||||
Student Loan 0.8% |
||||||||
NCUA Guaranteed Notes Trust, Series 2010-A1, Cl A, 0.795%, 12/07/20(a) |
11,861,929 | 11,834,884 | ||||||
|
|
|||||||
Total Asset-Backed Security (Cost $11,863,539) |
|
11,834,884 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 41.4% |
||||||||
Agency Collateralized Mortgage Obligations 25.5% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3096, Cl FY, REMIC, 0.942%, 04/15/35(a) |
3,442,722 | 3,453,240 | ||||||
Series 3135, Cl FC, 0.742%, 04/15/26(a) |
1,796,848 | 1,801,391 | ||||||
Series 328, Cl F4, STRIPS, 0.789%, 02/15/38(a) |
19,369,876 | 19,391,181 | ||||||
Series 3320, Cl FC, 0.612%, 05/15/37(a) |
3,676,898 | 3,654,545 | ||||||
Series 3418, Cl FB, REMIC, 0.742%, 04/15/20(a) |
8,660,564 | 8,678,798 | ||||||
Series 3511, Cl FA, 1.442%, 02/15/39(a) |
3,649,550 | 3,730,747 | ||||||
Series 3593, Cl F, 0.939%, 03/15/36(a) |
3,733,968 | 3,748,096 | ||||||
Series 4057, Cl CF, REMIC, 0.892%, 04/15/39(a) |
13,430,199 | 13,446,603 | ||||||
Series 4093, Cl FB, REMIC, 0.792%, 07/15/39(a) |
6,508,394 | 6,497,089 | ||||||
Series 4247, Cl EF, REMIC, 0.842%, 03/15/32(a) |
2,151,724 | 2,162,322 | ||||||
Series 4413, Cl WF, REMIC, 0.789%, 10/15/41(a) |
6,119,643 | 6,111,293 | ||||||
Series 4416, Cl FB, REMIC, 0.759%, 01/15/40(a) |
14,815,663 | 14,771,054 | ||||||
Series 4448, Cl TF, REMIC, 0.759%, 05/15/40(a) |
21,722,254 | 21,653,684 | ||||||
Series 4474, Cl WF, REMIC, 0.789%, 12/15/36(a) |
24,915,954 | 24,884,123 | ||||||
|
|
|||||||
133,984,166 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2010-110, Cl AP, REMIC, 2.000%, 06/25/35 |
553,801 | 554,095 | ||||||
Series 2010-136, Cl FG, 0.953%, 12/25/30(a) |
3,243,966 | 3,224,810 | ||||||
Series 2010-137, Cl WB, REMIC, 2.706%, 07/25/40(a) |
7,107,962 | 7,411,396 | ||||||
Series 2012-120, Cl AF, REMIC, 0.703%, 02/25/32(a) |
1,833,033 | 1,833,242 | ||||||
Series 2012-73, Cl LF, REMIC, 0.903%, 06/25/39(a) |
3,765,125 | 3,747,603 | ||||||
Series 2012-93, Cl FL, REMIC, 0.853%, 09/25/32(a) |
6,030,066 | 6,023,449 | ||||||
Series 2013-99, Cl FA, REMIC, 0.753%, 05/25/43(a) |
13,527,197 | 13,469,069 | ||||||
Series 2014-75, Cl FK, REMIC, 0.803%, 12/25/41(a) |
4,719,498 | 4,705,068 | ||||||
Series 2015-42, Cl BF, REMIC, 0.749%, 06/25/45(a) |
28,179,110 | 28,140,417 | ||||||
|
|
|||||||
69,109,149 | ||||||||
|
|
|||||||
Government National Mortgage Association |
||||||||
Series 2012-98, Cl FM, 0.648%, 12/20/38(a) |
2,332,594 | 2,322,576 | ||||||
|
|
|||||||
NCUA Guaranteed Notes |
||||||||
Series 2010-R1, Cl 1A, 0.915%, 10/07/20(a) |
29,637,143 | 29,697,559 | ||||||
Series 2010-R2, Cl 1A, 0.835%, 11/06/17(a) |
45,014,311 | 45,024,368 | ||||||
Series 2010-R2, Cl 2A, 0.935%, 11/05/20(a) |
35,016,089 | 35,005,741 | ||||||
Series 2010-R3, Cl 1A, 1.006%, 12/08/20(a) |
3,122,350 | 3,128,013 | ||||||
Series 2010-R3, Cl 2A, 1.006%, 12/08/20(a) |
2,403,999 | 2,409,213 | ||||||
Series 2011-R1, Cl 1A, 0.915%, 01/08/20(a) |
16,104,361 | 16,137,031 | ||||||
Series 2011-R2, Cl 1A, 0.865%, 02/06/20(a) |
43,486,637 | 43,498,183 | ||||||
Series 2011-R3, Cl 1A, 0.845%, 03/11/20(a) |
1,377,477 | 1,378,438 | ||||||
Series 2011-R4, Cl 1A, 0.845%, 03/06/20(a) |
13,919,630 | 13,925,877 | ||||||
|
|
|||||||
190,204,423 | ||||||||
|
|
|||||||
395,620,314 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Agency Collateralized Planned Amortization Class Mortgage Obligations 5.1% |
| |||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 3071, Cl ZX, REMIC, 0.742%, 04/15/35(a) |
2,372,794 | 2,364,635 | ||||||
Series 3767, Cl JF, REMIC, 0.742%, 02/15/39(a) |
1,737,510 | 1,743,236 | ||||||
Series 3925, Cl FD, REMIC, 0.892%, 07/15/40(a) |
2,212,872 | 2,215,616 | ||||||
Series 3990, Cl GF, REMIC, 0.842%, 03/15/41(a) |
12,415,153 | 12,421,777 | ||||||
Series 3995, Cl PF, REMIC, 0.892%, 05/15/39(a) |
16,268,355 | 16,325,451 | ||||||
Series 4203, Cl PF, REMIC, 0.692%, 09/15/42(a) |
23,173,355 | 22,979,214 | ||||||
|
|
|||||||
58,049,929 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2006-113, Cl NF, REMIC, 0.803%, 09/25/36(a) |
11,168,633 | 11,152,563 | ||||||
Series 2008-24, Cl PF, REMIC, 1.103%, 02/25/38(a) |
2,344,395 | 2,358,265 | ||||||
Series 2012-113, Cl PF, REMIC, 0.803%, 10/25/40(a) |
1,271,300 | 1,268,150 | ||||||
Series 2013-109, Cl PF, REMIC, 0.803%, 06/25/42(a) |
7,062,736 | 7,041,205 | ||||||
|
|
|||||||
21,820,183 | ||||||||
|
|
|||||||
79,870,112 | ||||||||
|
|
|||||||
Agency Collateralized Support Mortgage Obligation 0.0%(b) |
||||||||
Federal National Mortgage Association |
||||||||
Series 1994-22, Cl F, REMIC, 1.653%, 01/25/24(a) |
310,882 | 315,662 | ||||||
|
|
|||||||
Commercial Mortgage Backed Securities 10.8% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series KF03, Cl A, 0.786%, 01/25/21(a) |
2,521,958 | 2,524,524 | ||||||
Series KF04, Cl A, 0.763%, 06/25/21(a) |
4,307,374 | 4,302,184 | ||||||
Series KF09, Cl A, 0.833%, 05/25/22(a) |
13,282,753 | 13,143,468 | ||||||
Series KF11, Cl A, 1.086%, 09/25/25(a) |
16,711,983 | 16,714,574 | ||||||
Series KF15, Cl A, 1.123%, 02/25/23(a) |
12,998,836 | 13,051,651 | ||||||
Series KLH3, Cl A, 1.153%, 11/25/22(a) |
10,000,000 | 10,018,771 | ||||||
|
|
|||||||
59,755,172 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Series 2011-M1, Cl FA, 0.903%, 06/25/21(a) |
28,385,366 | 28,387,861 | ||||||
Series 2013-M14, Cl FA, 0.803%, 08/25/18(a) |
23,025,104 | 23,030,190 | ||||||
Series 2014-M5, Cl ASQ2, 2.034%, 03/25/19 |
9,951,635 | 10,146,942 | ||||||
Series 2015-M12, Cl FA, 0.802%, 04/25/20(a) |
36,190,018 | 36,198,023 | ||||||
Series 2015-M13, Cl ASQ2, 1.646%, 09/25/19(c) |
10,615,000 | 10,729,214 | ||||||
|
|
|||||||
108,492,230 | ||||||||
|
|
|||||||
168,247,402 | ||||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $644,374,185) |
|
644,053,490 | ||||||
|
|
|||||||
U.S. Government Agency 0.6% |
||||||||
Federal Farm Credit Bank 0.6% |
||||||||
0.723%, 05/25/21(a) |
10,000,000 | 9,985,580 | ||||||
|
|
|||||||
Total U.S. Government Agency (Cost $10,000,000) |
|
9,985,580 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 54.2% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #G14742, 2.000%, 05/01/23 |
459,738 | 474,296 | ||||||
Pool #847615, 2.833%, 07/01/33(a) |
4,233,412 | 4,478,313 | ||||||
Pool #1B8683, 2.924%, 04/01/34(a) |
11,614,418 | 12,291,673 | ||||||
Pool #848744, 2.771%, 05/01/34(a) |
15,501,992 | 16,293,178 |
See Notes to Schedules of Portfolio Investments.
Pool #847991, 2.605%, 03/01/35(a) |
7,989,530 | 8,442,632 | ||||||
Pool #848736, 2.635%, 05/01/35(a) |
24,980,794 | 26,217,020 | ||||||
Pool #1H2602, 2.873%, 03/01/36(a) |
9,594 | 10,160 | ||||||
Pool #1Q1407, 2.589%, 07/01/36(a) |
9,072,836 | 9,624,876 | ||||||
Pool #848747, 2.901%, 07/01/36(a) |
14,762,610 | 15,612,180 | ||||||
Pool #848569, 2.594%, 11/01/36(a) |
12,168,464 | 12,850,875 | ||||||
Pool #1Q1195, 2.623%, 05/01/37(a) |
12,809,086 | 13,401,556 | ||||||
Pool #848796, 2.829%, 05/01/37(a) |
26,904,723 | 28,418,618 | ||||||
Pool #1Q1282, 2.382%, 07/01/37(a) |
4,103,762 | 4,322,306 | ||||||
Pool #848852, 2.729%, 08/01/37(a) |
18,314,905 | 19,327,919 | ||||||
Pool #1Q0652, 2.563%, 02/01/38(a) |
2,038,860 | 2,165,292 | ||||||
Pool #1Q1405, 2.732%, 04/01/39(a) |
4,222,394 | 4,454,267 | ||||||
Pool #1Q1420, 2.834%, 09/01/39(a) |
19,034,602 | 20,143,333 | ||||||
Pool #2B0607, 2.613%, 06/01/42(a)(d) |
2,700,887 | 2,787,613 | ||||||
Pool #849139, 3.122%, 09/01/43(a) |
3,108,669 | 3,257,233 | ||||||
Pool #849283, 2.960%, 03/01/44(a) |
19,075,501 | 19,860,250 | ||||||
Pool #2B4993, 2.856%, 12/01/45(a) |
4,528,536 | 4,694,341 | ||||||
Pool #2B5072, 2.875%, 01/01/46(a) |
4,732,073 | 4,887,181 | ||||||
|
|
|||||||
234,015,112 | ||||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #888015, 5.878%, 11/01/16 |
62,983 | 62,939 | ||||||
Pool #874196, 5.360%, 12/01/16 |
730,000 | 729,496 | ||||||
Pool #735745, 5.599%, 01/01/17 |
2,698 | 2,698 | ||||||
Pool #889232, 5.475%, 06/01/17 |
2,013,570 | 2,054,500 | ||||||
Pool #888969, 5.911%, 11/01/17 |
2,686,326 | 2,778,661 | ||||||
Pool #467010, 3.520%, 01/01/18 |
5,414,441 | 5,560,864 | ||||||
Pool #385912, 5.350%, 02/01/18 |
5,461,868 | 5,669,982 | ||||||
Pool #467288, 2.800%, 03/01/18 |
1,539,209 | 1,573,530 | ||||||
Pool #703449, 4.500%, 05/01/18 |
2,321,252 | 2,382,293 | ||||||
Pool #468279, 3.470%, 06/01/18 |
3,748,710 | 3,856,594 | ||||||
Pool #709832, 4.500%, 06/01/18 |
3,050,848 | 3,130,859 | ||||||
Pool #721333, 4.500%, 06/01/18 |
3,008,749 | 3,087,868 | ||||||
Pool #721339, 4.500%, 06/01/18 |
3,594,945 | 3,688,643 | ||||||
Pool #720331, 4.500%, 07/01/18 |
3,661,679 | 3,758,533 | ||||||
Pool #254906, 4.500%, 10/01/18 |
10,906,790 | 11,203,037 | ||||||
Pool #AL8274, 4.500%, 12/01/18 |
8,712,656 | 8,954,441 | ||||||
Pool #AM7163, 0.886%, 05/01/19(a) |
10,757,244 | 10,748,068 | ||||||
Pool #AM6261, 0.656%, 07/01/19(a)(c) |
15,370,000 | 15,369,061 | ||||||
Pool #AM7028, 0.675%, 10/01/19(a)(c) |
18,405,000 | 18,397,030 | ||||||
Pool #AM9893, 0.816%, 10/01/21(a) |
27,500,000 | 27,483,979 | ||||||
Pool #469856, 1.226%, 12/01/21(a)(c) |
17,690,000 | 17,624,980 | ||||||
Pool #AM9040, 0.706%, 06/01/22(a) |
17,995,000 | 17,983,084 | ||||||
Pool #AM9651, 0.736%, 08/01/22(a) |
14,330,000 | 14,323,706 | ||||||
Pool #AM7213, 1.086%, 08/01/22(a) |
4,540,000 | 4,536,168 | ||||||
Pool #MA1415, 2.000%, 04/01/23 |
478,206 | 488,964 | ||||||
Pool #AN22556, 1.039%, 07/01/23(d) |
17,775,000 | 17,786,109 | ||||||
Pool #793025, 2.157%, 07/01/34(a) |
631,510 | 657,568 | ||||||
Pool #AL0222, 2.666%, 07/01/34(a) |
8,713,224 | 9,195,781 | ||||||
Pool #AD0064, 2.353%, 01/01/35(a) |
8,097,177 | 8,414,057 | ||||||
Pool #805338, 2.407%, 01/01/35(a) |
103,228 | 106,208 | ||||||
Pool #813718, 2.465%, 01/01/35(a) |
7,050,796 | 7,458,471 | ||||||
Pool #809384, 2.590%, 01/01/35(a) |
359,285 | 377,062 | ||||||
Pool #809324, 2.211%, 02/01/35(a) |
5,001 | 5,149 | ||||||
Pool #814686, 2.634%, 03/01/35(a) |
180,957 | 188,097 | ||||||
Pool #AD7165, 2.345%, 04/01/35(a) |
1,802,315 | 1,899,681 | ||||||
Pool #995609, 2.645%, 04/01/35(a) |
1,788,385 | 1,898,747 | ||||||
Pool #822302, 2.913%, 05/01/35(a) |
3,225,724 | 3,415,878 | ||||||
Pool #AD0886, 2.627%, 07/01/35(a) |
2,414,545 | 2,553,737 | ||||||
Pool #AL0505, 2.612%, 11/01/35(a) |
7,832,033 | 8,284,621 |
See Notes to Schedules of Portfolio Investments.
Pool #AL0345, 2.758%, 11/01/35(a) |
3,823,729 | 4,035,097 | ||||||
Pool #AD0377, 2.157%, 01/01/36(a) |
1,923,882 | 1,999,338 | ||||||
Pool #995540, 2.616%, 01/01/36(a) |
6,302,600 | 6,658,229 | ||||||
Pool #888722, 2.706%, 01/01/36(a) |
1,756,139 | 1,841,065 | ||||||
Pool #888782, 2.647%, 03/01/36(a) |
1,439,974 | 1,516,901 | ||||||
Pool #AL1015, 2.616%, 04/01/36(a) |
2,062,896 | 2,178,391 | ||||||
Pool #AL2202, 2.684%, 06/01/36(a) |
8,625,244 | 9,083,147 | ||||||
Pool #AL0854, 2.718%, 06/01/36(a) |
5,432,317 | 5,735,070 | ||||||
Pool #888859, 2.721%, 10/01/36(a) |
669,928 | 705,046 | ||||||
Pool #AA3517, 2.393%, 11/01/36(a) |
5,002,232 | 5,240,799 | ||||||
Pool #903166, 2.629%, 11/01/36(a) |
2,415,953 | 2,567,022 | ||||||
Pool #AL0968, 2.646%, 12/01/36(a) |
13,537,986 | 14,254,954 | ||||||
Pool #906216, 2.552%, 01/01/37(a) |
2,103,828 | 2,213,367 | ||||||
Pool #AL0872, 2.321%, 07/01/37(a) |
3,794,754 | 3,953,005 | ||||||
Pool #AL0960, 2.661%, 07/01/37(a) |
14,618,094 | 15,408,230 | ||||||
Pool #AD0380, 2.589%, 10/01/37(a) |
7,103,180 | 7,463,297 | ||||||
Pool #AL0966, 2.671%, 11/01/37(a) |
5,702,629 | 6,012,037 | ||||||
Pool #AE0332, 2.712%, 11/01/37(a) |
5,662,229 | 5,986,208 | ||||||
Pool #AL0270, 2.584%, 08/01/38(a) |
12,852,786 | 13,502,273 | ||||||
Pool #AE0066, 2.637%, 09/01/39(a) |
12,503,828 | 13,238,405 | ||||||
Pool #725874, 2.738%, 09/01/39(a) |
60,119 | 63,100 | ||||||
Pool #AL2013, 2.634%, 10/01/39(a) |
303,771 | 321,041 | ||||||
Pool #AL6516, 2.605%, 04/01/40(a) |
13,878,259 | 14,562,449 | ||||||
Pool #AL5295, 2.700%, 09/01/40(a) |
13,855,088 | 14,587,078 | ||||||
Pool #AL7812, 2.546%, 11/01/40(a) |
26,942,931 | 28,344,810 | ||||||
Pool #AE0544, 2.576%, 11/01/40(a) |
8,263,466 | 8,725,822 | ||||||
Pool #AL0323, 3.034%, 06/01/41(a) |
9,831,690 | 10,383,416 | ||||||
Pool #AL1801, 2.937%, 05/01/42(a) |
6,085,562 | 6,345,940 | ||||||
Pool #AI3544, 2.413%, 05/01/43(a) |
3,342,448 | 3,448,888 | ||||||
Pool #AT1150, 2.797%, 09/01/43(a) |
11,357,761 | 11,822,577 | ||||||
Pool #AT1155, 2.975%, 09/01/43(a) |
3,449,887 | 3,591,138 | ||||||
Pool #AL7562, 2.686%, 10/01/43(a) |
19,295,699 | 19,806,872 | ||||||
Pool #AU6696, 2.784%, 10/01/43(a) |
19,518,657 | 20,327,042 | ||||||
Pool #AY4058, 2.788%, 05/01/44(a) |
3,551,456 | 3,675,976 | ||||||
Pool #AW2489, 2.427%, 06/01/44(a) |
9,657,650 | 9,891,529 | ||||||
Pool #AW6998, 3.216%, 06/01/44(a) |
2,687,126 | 2,817,713 | ||||||
Pool #AL5406, 3.224%, 06/01/44(a) |
8,404,184 | 8,803,804 | ||||||
Pool #AW9723, 2.295%, 07/01/44(a) |
4,189,701 | 4,310,895 | ||||||
Pool #AL5640, 2.271%, 08/01/44(a) |
3,810,197 | 3,930,121 | ||||||
Pool #AW2253, 3.016%, 08/01/44(a) |
3,299,465 | 3,433,334 | ||||||
Pool #AL5643, 2.981%, 09/01/44(a) |
2,136,377 | 2,219,746 | ||||||
Pool #AL5793, 3.128%, 09/01/44(a) |
4,252,419 | 4,442,405 | ||||||
Pool #AX5937, 2.485%, 11/01/44(a) |
1,038,011 | 1,066,339 | ||||||
Pool #AX9332, 3.038%, 12/01/44(a) |
9,112,448 | 9,501,175 | ||||||
Pool #AY0836, 2.274%, 01/01/45(a) |
1,984,089 | 2,040,685 | ||||||
Pool #AY3142, 2.604%, 01/01/45(a) |
1,082,765 | 1,120,260 | ||||||
Pool #AY2431, 2.240%, 02/01/45(a) |
4,455,132 | 4,567,130 | ||||||
Pool #AY7185, 2.435%, 04/01/45(a) |
4,349,547 | 4,464,583 | ||||||
Pool #AZ7163, 2.612%, 07/01/45(a) |
1,722,972 | 1,783,998 | ||||||
Pool #AZ8772, 2.710%, 09/01/45(a) |
5,575,970 | 5,787,174 | ||||||
|
|
|||||||
587,470,065 | ||||||||
|
|
|||||||
Government National Mortgage Association |
||||||||
Pool #082480, 2.000%, 02/20/40(a) |
955,075 | 992,947 | ||||||
Pool #082542, 1.750%, 05/20/40(a) |
2,526,970 | 2,598,180 | ||||||
Pool #082540, 3.000%, 05/20/40(a) |
5,372,537 | 5,498,618 | ||||||
Pool #082580, 2.750%, 07/20/40(a) |
2,168,865 | 2,238,321 | ||||||
Pool #082627, 3.000%, 09/20/40(a) |
3,223,151 | 3,317,077 | ||||||
Pool #082904, 1.875%, 08/20/41(a) |
1,598,864 | 1,644,073 | ||||||
Pool #MA0414, 1.875%, 09/20/42(a) |
5,365,511 | 5,534,966 | ||||||
|
|
|||||||
21,824,182 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $828,764,833) |
|
843,309,359 | ||||||
|
|
See Notes to Schedules of Portfolio Investments.
U.S. Treasury Obligation 0.1% |
||||||||
U.S. Treasury Bill 0.1% |
||||||||
0.000%, 07/21/16(e) |
1,000,000 | 999,898 | ||||||
|
|
|||||||
Total U.S. Treasury Obligation (Cost $999,792) |
999,898 | |||||||
|
|
|||||||
Money Market Fund 3.7% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(f) |
57,148,254 | 57,148,254 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $57,148,254) |
57,148,254 | |||||||
|
|
|||||||
Total Investments |
1,567,331,465 | |||||||
Liabilities in Excess of Other Assets (0.8)% |
(13,093,381 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 1,554,238,084 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(b) | Less than 0.05% of Net Assets. |
(c) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | Zero coupon bond. |
(f) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
REMIC | Real Estate Mortgage Investment Conduit |
STRIPS | Separate Trading of Registered Interest and Principal Securities |
Open Futures Contracts
At June 30, 2016, the Funds open futures contracts were as follows:
Description |
Position | Notional Amount |
Expiration Month | Contracts | Unrealized Depreciation |
|||||||||||||||
U.S. Treasury 2 Year Note |
Short | $ | (117,855,620 | ) | September 2016 | 541 | $ | (800,896 | ) | |||||||||||
U.S. Treasury 5 Year Note |
Short | (18,583,613 | ) | September 2016 | 155 | (351,817 | ) | |||||||||||||
|
|
|||||||||||||||||||
$ | (1,152,713 | ) | ||||||||||||||||||
|
|
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix U.S. Mortgage Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Collateralized Mortgage Obligations 5.4% |
||||||||
Commercial Mortgage Backed Securities 5.4% |
||||||||
Federal National Mortgage Association |
||||||||
Series 2006-M2, Cl A2A, 5.271%, 10/25/32(a) |
490,522 | 545,437 | ||||||
|
|
|||||||
FREMF Mortgage Trust |
||||||||
Series 2011-K10, Cl B, 4.790%, 11/25/49(a)(b) |
285,000 | 309,898 | ||||||
Series 2012-K20, Cl B, 4.005%, 05/25/45(a)(b) |
100,000 | 106,163 | ||||||
Series 2012-K20, Cl X2A, 0.200%, 05/25/45(b) |
8,793,480 | 81,498 | ||||||
Series 2012-K21, Cl B, 4.071%, 07/25/45(a)(b) |
300,000 | 319,395 | ||||||
|
|
|||||||
816,954 | ||||||||
|
|
|||||||
GS Mortgage Securities Corp. II |
||||||||
Series 2012-BWTR, Cl A, 2.954%, 11/05/34(b) |
200,000 | 208,915 | ||||||
Series 2012-BWTR, Cl B, 3.255%, 11/05/34(b) |
109,000 | 111,404 | ||||||
|
|
|||||||
320,319 | ||||||||
|
|
|||||||
Morgan Stanley Capital I Trust |
||||||||
Series 2014-CPT, Cl A, 3.350%, 07/13/29(b) |
300,000 | 318,828 | ||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $1,963,950) |
2,001,538 | |||||||
|
|
|||||||
U.S. Government Agency Mortgages 90.3% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #C01785, 5.000%, 02/01/34 |
178,184 | 198,318 | ||||||
Pool #C91768, 3.500%, 07/01/34 |
894,062 | 951,456 | ||||||
Pool #G01838, 5.000%, 07/01/35 |
150,289 | 167,318 | ||||||
Pool #A47828, 3.500%, 08/01/35 |
756,743 | 804,743 | ||||||
Pool #Z40004, 6.000%, 08/01/36 |
51,705 | 59,302 | ||||||
Pool #A85718, 4.000%, 04/01/39 |
62,420 | 68,314 | ||||||
Pool #G05477, 4.500%, 05/01/39 |
230,106 | 255,728 | ||||||
Pool #G08347, 4.500%, 06/01/39 |
40,779 | 44,679 | ||||||
Pool #G05606, 4.500%, 07/01/39 |
449,525 | 492,865 | ||||||
Pool #A89148, 4.000%, 10/01/39 |
127,528 | 137,121 | ||||||
Pool #G08372, 4.500%, 11/01/39 |
197,616 | 216,760 | ||||||
Pool #A93101, 5.000%, 07/01/40 |
253,723 | 280,501 | ||||||
Pool #G06061, 4.000%, 10/01/40 |
140,540 | 152,214 | ||||||
Pool #A95085, 4.000%, 11/01/40 |
711,802 | 765,251 | ||||||
Pool #A95796, 4.000%, 12/01/40 |
86,931 | 93,447 | ||||||
Pool #G07068, 5.000%, 07/01/41 |
548,633 | 605,490 | ||||||
Pool #G60126, 4.500%, 11/01/41 |
245,688 | 269,470 | ||||||
Pool #G07031, 4.000%, 05/01/42 |
561,148 | 608,384 | ||||||
Pool #Q10929, 3.500%, 09/01/42 |
462,197 | 487,983 | ||||||
Pool #Q11651, 3.000%, 10/01/42 |
119,028 | 123,706 | ||||||
Pool #Q18522, 3.500%, 05/01/43 |
493,035 | 524,457 | ||||||
Pool #849167, 2.943%, 10/01/43(a) |
764,857 | 797,032 | ||||||
Pool #G60019, 4.500%, 03/01/44 |
422,596 | 462,908 | ||||||
Pool #Q26366, 4.000%, 05/01/44 |
244,502 | 266,009 | ||||||
Pool #V81283, 4.000%, 07/01/44 |
453,930 | 486,542 | ||||||
Pool #Q31645, 4.000%, 02/01/45 |
123,183 | 132,785 | ||||||
Pool #Q40123, 3.500%, 04/01/46 |
248,757 | 263,866 | ||||||
Pool #Q40124, 3.500%, 04/01/46 |
259,145 | 274,525 | ||||||
|
|
|||||||
9,991,174 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Federal National Mortgage Association |
| |||||||
Pool #AN0371, 2.910%, 11/01/22 |
1,187,295 | 1,268,722 | ||||||
Pool #MA1688, 3.500%, 12/01/33 |
67,943 | 72,286 | ||||||
Pool #MA1763, 3.500%, 01/01/34 |
119,132 | 126,706 | ||||||
Pool #AL0049, 6.000%, 12/01/35 |
42,599 | 49,006 | ||||||
Pool #190370, 6.000%, 06/01/36 |
62,774 | 71,966 | ||||||
Pool #AB6401, 3.000%, 10/01/37 |
362,951 | 378,166 | ||||||
Pool #889529, 6.000%, 03/01/38 |
273,209 | 316,426 | ||||||
Pool #889579, 6.000%, 05/01/38 |
237,317 | 271,506 | ||||||
Pool #AE0814, 6.000%, 09/01/39 |
607,531 | 695,507 | ||||||
Pool #AC2817, 4.000%, 10/01/39 |
10,260 | 10,997 | ||||||
Pool #AX3605, 3.500%, 01/01/40 |
223,279 | 235,958 | ||||||
Pool #AL7497, 3.500%, 09/01/40 |
1,789,328 | 1,890,675 | ||||||
Pool #AD9725, 3.500%, 10/01/40 |
78,846 | 83,213 | ||||||
Pool #AE3860, 5.000%, 10/01/40 |
703,530 | 786,759 | ||||||
Pool #AE4414, 4.000%, 11/01/40 |
37,915 | 40,802 | ||||||
Pool #AE5143, 4.000%, 11/01/40 |
36,073 | 38,945 | ||||||
Pool #AB2071, 3.500%, 01/01/41 |
88,362 | 93,489 | ||||||
Pool #AH4161, 3.500%, 01/01/41 |
1,022,367 | 1,081,478 | ||||||
Pool #MA0639, 4.000%, 02/01/41 |
663,375 | 713,428 | ||||||
Pool #AL0215, 4.500%, 04/01/41 |
169,145 | 185,464 | ||||||
Pool #890381, 3.500%, 10/01/41 |
350,584 | 370,851 | ||||||
Pool #AB3865, 3.500%, 11/01/41 |
57,261 | 61,259 | ||||||
Pool #AW8154, 3.500%, 01/01/42 |
1,029,715 | 1,094,944 | ||||||
Pool #AJ9327, 3.500%, 01/01/42 |
147,326 | 157,555 | ||||||
Pool #AI9101, 3.500%, 04/01/42 |
442,814 | 472,580 | ||||||
Pool #AB5188, 3.500%, 05/01/42 |
75,452 | 79,898 | ||||||
Pool #AO8632, 3.500%, 07/01/42 |
1,366,643 | 1,453,375 | ||||||
Pool #AP7874, 3.500%, 10/01/42 |
134,313 | 142,132 | ||||||
Pool #AB8726, 3.500%, 03/01/43 |
97,396 | 102,996 | ||||||
Pool #AT2720, 3.000%, 05/01/43 |
125,236 | 131,185 | ||||||
Pool #AL3657, 3.500%, 06/01/43 |
196,064 | 209,662 | ||||||
Pool #AU3742, 3.500%, 08/01/43 |
509,146 | 541,286 | ||||||
Pool #AL5939, 3.500%, 09/01/43 |
820,118 | 872,013 | ||||||
Pool #AL6223, 4.500%, 08/01/44 |
712,606 | 778,948 | ||||||
Pool #AL7378, 3.000%, 11/01/44 |
380,043 | 395,485 | ||||||
Pool #AY2685, 4.500%, 01/01/45 |
81,814 | 89,663 | ||||||
Pool #AX8835, 2.801%, 02/01/45(a) |
150,595 | 155,695 | ||||||
Pool #AY8851, 4.000%, 08/01/45 |
336,222 | 361,620 | ||||||
Pool #AZ5755, 3.500%, 09/01/45 |
695,529 | 737,208 | ||||||
Pool #BC2470, 3.500%, 02/01/46 |
203,512 | 216,041 | ||||||
|
|
|||||||
16,835,895 | ||||||||
|
|
|||||||
Government National Mortgage Association |
||||||||
Pool #004637, 5.000%, 02/20/40 |
201,085 | 223,574 | ||||||
Pool #736663, 5.000%, 03/15/40 |
591,732 | 662,576 | ||||||
Pool #736666, 4.500%, 04/15/40 |
578,723 | 637,589 | ||||||
Pool #AA5471, 4.000%, 12/15/41 |
864,335 | 933,878 | ||||||
Pool #MA0321, 5.000%, 08/20/42 |
24,457 | 26,861 | ||||||
Pool #666413, 4.000%, 09/15/43 |
69,224 | 75,320 | ||||||
Pool #MA2681, 5.000%, 03/20/45 |
716,563 | 779,071 | ||||||
Pool #AM9875, 4.000%, 06/15/45 |
208,704 | 225,493 | ||||||
Pool #626960, 3.500%, 07/15/45 |
297,461 | 318,602 | ||||||
Pool #AN8476, 3.500%, 07/15/45 |
228,384 | 242,854 | ||||||
Pool #AN5781, 4.000%, 07/15/45 |
120,263 | 129,233 |
See Notes to Schedules of Portfolio Investments.
Pool #AN6811, 4.000%, 07/15/45 |
689,084 | 741,245 | ||||||
Pool #AO0509, 3.500%, 08/15/45 |
251,005 | 268,174 | ||||||
Pool #626970, 3.500%, 08/15/45 |
308,841 | 330,776 | ||||||
Pool #AO3608, 4.000%, 08/15/45 |
950,775 | 1,023,879 | ||||||
Pool #AB5970, 4.000%, 10/15/45 |
164,828 | 177,671 | ||||||
Pool #AB5975, 4.000%, 11/15/45 |
73,226 | 78,934 | ||||||
|
|
|||||||
6,875,730 | ||||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $32,986,049) |
|
33,702,799 | ||||||
|
|
|||||||
Money Market Fund 5.4% |
||||||||
State Street Institutional Treasury Money Market Fund, Premier Class, 0.14%(c) |
2,038,515 | 2,038,515 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $2,038,515) |
|
2,038,515 | ||||||
|
|
|||||||
Total Investments |
37,742,852 | |||||||
Liabilities in Excess of Other Assets (1.1)% |
(406,944 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 37,335,908 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 3.9% of net assets as of June 30, 2016. |
(c) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Ultra-Short Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Asset-Backed Securities 19.1% |
||||||||
Auto Floor Plan 2.6% |
||||||||
BMW Floorplan Master Owner Trust, Series 2015-1A, Cl A, 0.942%, 07/15/20(a)(b) |
1,100,000 | 1,100,068 | ||||||
Mercedes-Benz Master Owner Trust, Series 2016-AA, Cl A, 1.022%, 05/15/20(a)(b) |
1,000,000 | 1,001,494 | ||||||
|
|
|||||||
2,101,562 | ||||||||
|
|
|||||||
Automobiles 4.5% |
||||||||
AmeriCredit Automobile Receivables Trust, Series 2013-5, Cl B, 1.520%, 01/08/19 |
1,055,000 | 1,056,350 | ||||||
Capital Auto Receivables Asset Trust, Series 2013-3, Cl A4, 1.680%, 04/20/18 |
880,000 | 881,244 | ||||||
Chrysler Capital Auto Receivables Trust, Series 2013-BA, Cl B, 1.780%, 06/17/19(b) |
500,000 | 500,867 | ||||||
First Investors Auto Owner Trust, Series 2013-1A, Cl B, 1.810%, 10/15/18(b) |
322,860 | 322,900 | ||||||
Ford Credit Auto Owner Trust, Series 2013-B, Cl B, 1.110%, 10/15/18 |
300,000 | 298,615 | ||||||
Hyundai Auto Receivables Trust, Series 2014-A, Cl B, 1.730%, 08/15/19 |
585,000 | 586,864 | ||||||
|
|
|||||||
3,646,840 | ||||||||
|
|
|||||||
Credit Card 7.2% |
||||||||
American Express Credit Account Master Trust, Series 2013-2, Cl A, 0.862%, 05/17/21(a) |
125,000 | 125,091 | ||||||
Cabelas Credit Card Master Note Trust, Series 2014-2, Cl A, 0.892%, 07/15/22(a) |
1,512,000 | 1,497,647 | ||||||
Capital One Multi-Asset Execution Trust, Series 2005-B3, Cl B3, 1.178%, 05/15/28(a) |
1,000,000 | 933,173 | ||||||
Evergreen Credit Card Trust, Series 2016-1, Cl A, 1.162%, 04/15/20(a)(b) |
1,200,000 | 1,200,431 | ||||||
Nordstrom Credit Card Master Note Trust II, Series 2011-1A, Cl A, 2.280%, 11/15/19(b) |
1,045,000 | 1,048,805 | ||||||
Trillium Credit Card Trust II, Series 2016-1A, Cl A, 1.185%, 05/26/21(a)(b) |
1,000,000 | 1,000,270 | ||||||
|
|
|||||||
5,805,417 | ||||||||
|
|
|||||||
Other 3.4% |
||||||||
Centerpoint Energy Transition Bond Co. III LLC, Series 2008-A, Cl A1, 4.192%, 02/01/20 |
293,421 | 294,217 | ||||||
Dominos Pizza Master Issuer LLC, Series 2012-1A, Cl A2, 5.216%, 01/25/42(b) |
1,009,114 | 1,038,580 | ||||||
Ohio Phase-In-Recovery Funding LLC, Series 2013-1, Cl A1, 0.958%, 07/01/18 |
916,180 | 915,303 | ||||||
Taco Bell Funding LLC, Series 2016-1A, Cl A2I, 3.832%, 05/25/46(b) |
500,000 | 506,100 | ||||||
|
|
|||||||
2,754,200 | ||||||||
|
|
|||||||
Student Loan Asset Backed Security 1.4% |
||||||||
SLM Student Loan Trust, Series 2013-1, Cl A2, 0.703%, 09/25/19(a) |
1,156,635 | 1,150,201 | ||||||
|
|
|||||||
Total Asset-Backed Securities (Cost $15,426,757) |
|
15,458,220 | ||||||
|
|
|||||||
Collateralized Mortgage Obligations 16.8% |
||||||||
Agency Collateralized Mortgage Obligations 10.1% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Series 2839, Cl TS, REMIC, 5.000%, 08/15/19 |
1,473,646 | 1,514,346 | ||||||
Series 3728, Cl EH, REMIC, 3.000%, 09/15/20 |
23,565 | 23,559 | ||||||
|
|
|||||||
1,537,905 | ||||||||
|
|
|||||||
NCUA Guaranteed Notes |
||||||||
Series 2010-R1, Cl 1A, 0.915%, 10/07/20(a) |
2,745,385 | 2,750,981 | ||||||
Series 2010-R3, Cl 1A, 1.006%, 12/08/20(a) |
2,527,417 | 2,532,001 | ||||||
Series 2011-R1, Cl 1A, 0.915%, 01/08/20(a) |
1,295,116 | 1,297,743 | ||||||
Series 2011-R5, Cl 1A, 0.845%, 04/06/20(a) |
81,369 | 81,385 | ||||||
|
|
|||||||
6,662,110 | ||||||||
|
|
|||||||
8,200,015 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Commercial Mortgage Backed Securities 6.4% |
||||||||
Commercial Mortgage Trust |
||||||||
Series 2012-CR2, Cl A2, 2.025%, 08/15/45 |
160,188 | 160,975 | ||||||
Series 2012-LC4, Cl A2, 2.256%, 12/10/44 |
343,016 | 344,243 | ||||||
|
|
|||||||
505,218 | ||||||||
|
|
|||||||
GS Mortgage Securities Trust |
||||||||
Series 2012-GCJ7, Cl A2, 2.318%, 05/10/45 |
255,599 | 256,791 | ||||||
|
|
|||||||
JPMorgan Chase Commercial Mortgage Securities Trust |
||||||||
Series 2013-C13, Cl A1, 1.303%, 01/15/46 |
655,476 | 655,997 | ||||||
|
|
|||||||
ML-CFC Commercial Mortgage Trust |
||||||||
Series 2006-3, Cl A1A, 5.409%, 07/12/46(a) |
310,447 | 310,844 | ||||||
|
|
|||||||
Morgan Stanley Bank of America Merrill Lynch Trust |
||||||||
Series 2013-C12, Cl A1, 1.313%, 10/15/46 |
690,674 | 692,101 | ||||||
Series 2014-C14, Cl A1, 1.250%, 02/15/47 |
276,111 | 276,054 | ||||||
|
|
|||||||
968,155 | ||||||||
|
|
|||||||
WF-RBS Commercial Mortgage Trust |
||||||||
Series 2012-C10, Cl A2, 1.765%, 12/15/45 |
1,500,000 | 1,505,727 | ||||||
Series 2012-C8, Cl A2, 1.881%, 08/15/45 |
1,000,000 | 1,006,136 | ||||||
|
|
|||||||
2,511,863 | ||||||||
|
|
|||||||
5,208,868 | ||||||||
|
|
|||||||
Whole Loan Collateral Mortgage Obligation 0.3% |
||||||||
Banc of America Mortgage Securities, Inc. |
||||||||
Series 2003-F, Cl 1A1, 3.123%, 07/25/33(a) |
201,854 | 192,371 | ||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $13,594,665) |
|
13,601,254 | ||||||
|
|
|||||||
Corporate Bonds 50.6% |
||||||||
Aerospace/Defense 0.5% |
||||||||
Lockheed Martin Corp., 1.850%, 11/23/18 |
414,000 | 419,616 | ||||||
|
|
|||||||
Auto Manufacturers 5.9% |
||||||||
BMW U.S. Capital LLC, 1.500%, 04/11/19(b) |
575,000 | 579,119 | ||||||
Daimler Finance North America LLC, 1.497%, 08/01/18(a)(b) |
1,405,000 | 1,408,140 | ||||||
Ford Motor Credit Co. LLC, 1.413%, 01/17/17, Series 00, MTN(a)(c) |
550,000 | 550,761 | ||||||
Ford Motor Credit Co. LLC, 5.000%, 05/15/18 |
465,000 | 492,683 | ||||||
General Motors Financial Co., Inc., 2.400%, 05/09/19 |
750,000 | 752,089 | ||||||
PACCAR Financial Corp., 1.280%, 12/06/18, MTN(a) |
445,000 | 447,289 | ||||||
Volkswagen International Finance NV, 1.066%, 11/18/16(a)(b) |
585,000 | 583,972 | ||||||
|
|
|||||||
4,814,053 | ||||||||
|
|
|||||||
Banks 11.9% |
||||||||
Bank of America Corp., 2.000%, 01/11/18 |
1,182,000 | 1,189,557 | ||||||
Branch Banking & Trust Co., 1.050%, 12/01/16 |
1,355,000 | 1,356,092 | ||||||
Goldman Sachs Group, Inc. (The), 5.950%, 01/18/18 |
1,445,000 | 1,539,341 | ||||||
ING Bank NV, 1.800%, 03/16/18(b)(c) |
1,267,000 | 1,274,187 | ||||||
JPMorgan Chase & Co., 6.125%, 06/27/17(c) |
950,000 | 993,615 | ||||||
KeyBank NA, 1.152%, 11/25/16(a)(c) |
1,330,000 | 1,330,488 | ||||||
Lloyds Bank PLC, 1.750%, 05/14/18 |
1,156,000 | 1,152,748 | ||||||
Wells Fargo & Co., 1.250%, 07/20/16, MTN |
765,000 | 765,174 | ||||||
|
|
|||||||
9,601,202 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Beverages 1.8% |
||||||||
Anheuser-Busch InBev Finance, Inc., 1.900%, 02/01/19 |
1,063,000 | 1,081,050 | ||||||
Molson Coors Brewing Co., 1.450%, 07/15/19(d) |
406,000 | 407,028 | ||||||
|
|
|||||||
1,488,078 | ||||||||
|
|
|||||||
Biotechnology 0.7% |
||||||||
Celgene Corp., 2.125%, 08/15/18 |
560,000 | 568,370 | ||||||
|
|
|||||||
Chemicals 1.6% |
||||||||
Chevron Phillips Chemical Co. LLC, 1.700%, 05/01/18(b) |
1,283,000 | 1,280,052 | ||||||
|
|
|||||||
Computers 1.1% |
||||||||
Diamond 1 Finance Corp./Diamond 2 Finance Corp., 3.480%, 06/01/19(b) |
833,000 | 853,334 | ||||||
|
|
|||||||
Electric 3.2% |
||||||||
Duke Energy Corp., 1.034%, 04/03/17(a) |
785,000 | 784,459 | ||||||
Emera U.S. Finance LP, 2.150%, 06/15/19(b) |
825,000 | 834,597 | ||||||
MidAmerican Energy Co., 5.300%, 03/15/18 |
905,000 | 968,096 | ||||||
|
|
|||||||
2,587,152 | ||||||||
|
|
|||||||
Electronics 0.9% |
||||||||
Fortive Corp., 1.800%, 06/15/19(b) |
745,000 | 749,779 | ||||||
|
|
|||||||
Healthcare - Products 2.9% |
||||||||
Becton Dickinson and Co., 1.800%, 12/15/17 |
1,237,000 | 1,247,112 | ||||||
Medtronic, Inc., 1.500%, 03/15/18 |
1,107,000 | 1,116,608 | ||||||
|
|
|||||||
2,363,720 | ||||||||
|
|
|||||||
Healthcare - Services 6.0% |
||||||||
Aetna, Inc., 1.750%, 05/15/17 |
490,000 | 492,647 | ||||||
Aetna, Inc., 1.900%, 06/07/19 |
752,000 | 761,768 | ||||||
Providence Health & Services Obligated Group, 1.446%, 10/01/16(a)(c) |
1,250,000 | 1,249,633 | ||||||
UnitedHealth Group, Inc., 1.875%, 11/15/16 |
1,190,000 | 1,194,449 | ||||||
UnitedHealth Group, Inc., 6.000%, 02/15/18 |
1,039,000 | 1,120,388 | ||||||
|
|
|||||||
4,818,885 | ||||||||
|
|
|||||||
Housewares 0.9% |
||||||||
Newell Brands, Inc., 2.600%, 03/29/19 |
727,000 | 746,034 | ||||||
|
|
|||||||
Insurance 0.6% |
||||||||
Berkshire Hathaway Finance Corp., 1.700%, 03/15/19 |
455,000 | 462,433 | ||||||
|
|
|||||||
Internet 0.5% |
||||||||
eBay, Inc., 2.500%, 03/09/18 |
371,000 | 377,771 | ||||||
|
|
|||||||
Media 1.8% |
||||||||
Comcast Corp., 5.875%, 02/15/18 |
1,365,000 | 1,470,087 | ||||||
|
|
|||||||
Oil & Gas 2.9% |
||||||||
BP Capital Markets PLC, 1.270%, 09/26/18(a) |
1,000,000 | 996,301 | ||||||
Shell International Finance BV, 0.900%, 11/15/16 |
1,350,000 | 1,351,304 | ||||||
|
|
|||||||
2,347,605 | ||||||||
|
|
|||||||
Oil & Gas Services 0.9% |
||||||||
Schlumberger Holdings Corp., 1.900%, 12/21/17(b) |
726,000 | 730,705 | ||||||
|
|
|||||||
Pharmaceuticals 1.2% |
||||||||
AbbVie, Inc., 1.800%, 05/14/18 |
676,000 | 680,745 | ||||||
McKesson Corp., 2.284%, 03/15/19 |
310,000 | 316,957 | ||||||
|
|
|||||||
997,702 | ||||||||
|
|
|||||||
Pipelines 1.5% |
||||||||
Enbridge, Inc., 1.296%, 10/01/16(a) |
636,000 | 633,352 | ||||||
Kinder Morgan, Inc., 2.000%, 12/01/17 |
594,000 | 590,823 | ||||||
|
|
|||||||
1,224,175 | ||||||||
|
|
See Notes to Schedules of Portfolio Investments.
Real Estate Investment Trust 0.7% |
| |||||||
American Tower Corp., 4.500%, 01/15/18(c) |
555,000 | 579,020 | ||||||
|
|
|||||||
Retail 0.7% |
||||||||
CVS Health Corp., 1.900%, 07/20/18 |
562,000 | 570,503 | ||||||
|
|
|||||||
Telecommunication Services 0.9% |
||||||||
Verizon Communications, Inc., 1.057%, 06/09/17(a) |
325,000 | 325,171 | ||||||
Verizon Communications, Inc., 3.650%, 09/14/18 |
404,000 | 424,522 | ||||||
|
|
|||||||
749,693 | ||||||||
|
|
|||||||
Transportation 1.5% |
||||||||
Canadian National Railway Co., 0.796%, 11/14/17(a) |
1,204,000 | 1,204,456 | ||||||
|
|
|||||||
Total Corporate Bonds (Cost $40,794,380) |
|
41,004,425 | ||||||
|
|
|||||||
Municipal Bond 1.0% |
||||||||
Louisiana 1.0% |
||||||||
Louisiana Local Government Environmental Facilities & Community Development Authority, RB, 2.470%, 02/01/19 |
823,063 | 824,438 | ||||||
|
|
|||||||
Total Municipal Bond (Cost $830,559) |
|
824,438 | ||||||
|
|
|||||||
U.S. Government Agency Mortgages 9.5% |
||||||||
Federal Home Loan Mortgage Corporation |
||||||||
Pool #848852, 2.729%, 08/01/37(a) |
857,229 | 904,643 | ||||||
|
|
|||||||
Federal National Mortgage Association |
||||||||
Pool #467863, 3.860%, 04/01/18 |
103,023 | 106,853 | ||||||
Pool #AL8274, 4.500%, 12/01/18 |
590,551 | 606,940 | ||||||
Pool #AL0968, 2.646%, 12/01/36(a) |
258,741 | 272,443 | ||||||
Pool #AD0380, 2.589%, 10/01/37(a) |
373,402 | 392,333 | ||||||
Pool #AL0966, 2.671%, 11/01/37(a) |
359,266 | 378,758 | ||||||
Pool #AT1150, 2.797%, 09/01/43(a) |
920,904 | 958,592 | ||||||
Pool #AL7562, 2.686%, 10/01/43(a) |
2,296,056 | 2,356,882 | ||||||
|
|
|||||||
5,072,801 | ||||||||
|
|
|||||||
Government National Mortgage Association |
||||||||
Pool #082649, 2.000%, 10/20/40(a) |
1,651,398 | 1,705,921 | ||||||
|
|
|||||||
Total U.S. Government Agency Mortgages (Cost $7,559,670) |
|
7,683,365 | ||||||
|
|
|||||||
U.S. Treasury Obligations 0.8% |
||||||||
U.S. Treasury Bill 0.2% |
||||||||
0.000%, 07/21/16(e) |
110,000 | 109,989 | ||||||
|
|
|||||||
U.S. Treasury Note 0.6% |
||||||||
1.250%, 10/31/18 |
486,000 | 492,739 | ||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $602,716) |
|
602,728 | ||||||
|
|
|||||||
Money Market Fund 2.5% |
||||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.25%(f) |
2,040,644 | 2,040,644 | ||||||
|
|
|||||||
Total Money Market Fund (Cost $2,040,644) |
|
2,040,644 | ||||||
|
|
|||||||
Total Investments |
81,215,074 | |||||||
Liabilities in Excess of Other Assets (0.3)% |
(219,595 | ) | ||||||
|
|
|||||||
Net Assets 100.0% |
$ | 80,995,479 | ||||||
|
|
(a) | Variable or floating rate security. Rate disclosed is as of June 30, 2016. |
See Notes to Schedules of Portfolio Investments.
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Funds investment adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 19.8% of net assets as of June 30, 2016. |
(c) | All or a portion of this security has been segregated, or otherwise earmarked, in connection with obligations for when-issued or delayed-delivery purchase commitments. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(e) | Zero coupon bond. |
(f) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
MTN | Medium Term Note |
RB | Revenue Bond |
REMIC | Real Estate Mortgage Investment Conduit |
Open Futures Contracts
At June 30, 2016, the Funds open futures contracts were as follows:
Description |
Position | Notional Amount |
Expiration Month | Contracts | Unrealized Depreciation |
|||||||||
U.S. Treasury 2 Year Note |
Short | $ | (15,248,775 | ) | September 2016 | 70 | $ | (104,194 | ) | |||||
U.S. Treasury 5 Year Note |
Short | (3,716,722 | ) | September 2016 | 31 | (70,363 | ) | |||||||
|
|
|||||||||||||
$ | (174,557 | ) | ||||||||||||
|
|
See Notes to Schedules of Portfolio Investments.
SCHEDULES OF PORTFOLIO INVESTMENTS |
| |||||||
RIDGEWORTH FUNDS June 30, 2016 (Unaudited) |
||||||||
Seix Virginia Intermediate Municipal Bond Fund | ||||||||
Shares or Principal Amount($) |
Value($) | |||||||
Municipal Bonds 97.0% |
||||||||
Alabama 1.0% |
||||||||
Birmingham, Series A, GO, 0.000%, 03/01/32(a) |
645,000 | 726,928 | ||||||
|
|
|||||||
District of Columbia 5.1% |
||||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series A, AMT, RB, 5.125%, 10/01/23 |
1,000,000 | 1,090,710 | ||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Series B, RB, 5.000%, 10/01/26, BHAC |
2,175,000 | 2,442,112 | ||||||
|
|
|||||||
3,532,822 | ||||||||
|
|
|||||||
Georgia 3.1% |
||||||||
Private Colleges & Universities Authority, RB, 5.000%, 04/01/18 |
800,000 | 853,784 | ||||||
Private Colleges & Universities Authority, RB, 5.000%, 04/01/23 |
1,065,000 | 1,281,525 | ||||||
|
|
|||||||
2,135,309 | ||||||||
|
|
|||||||
Guam 1.1% |
||||||||
Guam Waterworks Authority Water & Wastewater System, RB, 5.000%, 01/01/46 |
665,000 | 795,067 | ||||||
|
|
|||||||
North Carolina 2.8% |
||||||||
North Carolina Capital Facilities Finance Agency, Educational Facilities, RB, 5.000%, 05/01/32 |
1,740,000 | 1,962,303 | ||||||
|
|
|||||||
Virginia 83.9% |
||||||||
Capital Region Airport Commission, Series A, RB, 5.000%, 07/01/27 |
200,000 | 256,242 | ||||||
Capital Region Airport Commission, Series A, RB, 5.000%, 07/01/30 |
370,000 | 467,687 | ||||||
Fairfax County Economic Development Authority, RB, 5.000%, 08/01/22 |
1,700,000 | 1,981,911 | ||||||
Fairfax County Industrial Development Authority, Series A, RB, 5.500%, 05/15/35, Pre-refunded 05/15/2019 @ 100 |
355,000 | 403,092 | ||||||
Fairfax County Industrial Development Authority, Series A, RB, 5.500%, 05/15/35 |
645,000 | 731,972 | ||||||
Fairfax County Industrial Development Authority, Series D, RB, 5.000%, 05/15/27 |
1,300,000 | 1,554,982 | ||||||
Fairfax County Water Authority, RB, 5.000%, 04/01/25 |
2,550,000 | 3,101,693 | ||||||
Fairfax County Water Authority, RB, 5.000%, 04/01/27 |
600,000 | 725,436 | ||||||
Greater Richmond Convention Center Authority, RB, 5.000%, 06/15/28 |
1,375,000 | 1,729,393 | ||||||
Greater Richmond Convention Center Authority, RB, 5.000%, 06/15/30 |
1,000,000 | 1,246,780 | ||||||
Greater Richmond Convention Center Authority, RB, 5.000%, 06/15/32 |
1,000,000 | 1,237,530 | ||||||
Hampton Roads Sanitation District Wastewater, RB, 5.000%, 04/01/23 |
1,060,000 | 1,141,291 | ||||||
Hampton Roads Sanitation District Wastewater, RB, 5.000%, 04/01/24 |
2,425,000 | 2,610,973 | ||||||
Hampton Roads Sanitation District Wastewater, Series A, RB, 5.000%, 08/01/30 |
1,110,000 | 1,442,212 | ||||||
Hanover County Economic Development Authority, Regional Medical Care Project, RB, 6.375%, 08/15/18, NATL-RE |
2,645,000 | 2,755,931 | ||||||
Isle County Wight, Series A, GO, 5.000%, 07/01/35, State Aid Withholding |
750,000 | 918,113 | ||||||
James City County Economic Development Authority, Public Facility Project, RB, 5.000%, 06/15/21, AGM |
2,215,000 | 2,309,071 | ||||||
Lexington Industrial Development Authority, RB, 3.000%, 12/01/36 |
1,500,000 | 1,509,945 | ||||||
Loudoun County Industrial Development Authority, Series A, RB, 5.000%, 06/01/31 |
1,000,000 | 1,159,670 | ||||||
Norfolk Water Revenue, Series A, RB, 5.250%, 11/01/44 |
1,750,000 | 2,187,710 | ||||||
Northern Virginia Transportation Authority, RB, 5.000%, 06/01/26 |
1,250,000 | 1,575,188 | ||||||
Richmond Industrial Development Authority, Government Facilities, RB, 5.000%, 07/15/18, AMBAC |
1,795,000 | 1,905,105 | ||||||
Roanoke Economic Development Authority, Hospital Revenue, RB, 5.000%, 07/01/27 |
1,000,000 | 1,174,160 | ||||||
Virginia College Building Authority, Series A, RB, 5.000%, 02/01/27 |
1,500,000 | 1,861,320 |
See Notes to Schedules of Portfolio Investments.
Virginia College Building Authority, Educational Facilities Project, Washington & Lee University, RB, 5.375%, 01/01/21 |
3,390,000 | 3,772,901 | ||||||
Virginia College Building Authority, Educational Facilities Project, Washington & Lee University, Series B, RB, 5.000%, 09/01/26, ST INTERCEPT |
1,190,000 | 1,539,241 | ||||||
Virginia Commonwealth Transportation Board, Series A, RB, 5.000%, 05/15/19 |
1,440,000 | 1,614,830 | ||||||
Virginia Commonwealth University, Health System Authority, RB, 5.000%, 07/01/30 |
1,460,000 | 1,690,884 | ||||||
Virginia Housing Development Authority, Commonwealth Mortgage, Series A-1, RB, 3.650%, 01/01/18, GO of Authority |
1,205,000 | 1,256,381 | ||||||
Virginia Port Authority, Series A, AMT, RB, 5.000%, 07/01/32 |
4,000,000 | 4,862,840 | ||||||
Virginia Public Building Authority, Series A, RB, 5.000%, 08/01/31, Pre-refunded 08/01/2021 @ 100 |
10,000 | 12,019 | ||||||
Virginia Public School Authority, Series A, RB, 5.000%, 08/01/27, State Aid Withholding |
2,060,000 | 2,554,297 | ||||||
Virginia Public School Authority, School Financing, RB, 5.000%, 07/15/26, State Aid Withholding |
2,000,000 | 2,176,060 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Series A, RB, 5.000%, 11/01/28 |
2,300,000 | 2,855,726 | ||||||
|
|
|||||||
58,322,586 | ||||||||
|
|
|||||||
Total Municipal Bonds (Cost $62,872,794) |
67,475,015 | |||||||
|
|
|||||||
Money Market Funds 2.1% |
||||||||
Federated Tax-Free Obligations Fund, Wealth Shares, 0.27%(b) |
23 | 23 | ||||||
Federated Virginia Municipal Cash Trust, Wealth Share, 0.01%(b) |
1,459,430 | 1,459,430 | ||||||
|
|
|||||||
Total Money Market Funds (Cost $1,459,453) |
1,459,453 | |||||||
|
|
|||||||
Total Investments |
68,934,468 | |||||||
Other Assets in Excess of Liabilities 0.9% |
603,707 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 69,538,175 | ||||||
|
|
(a) | Step bond. The rate shown is the rate in effect as of June 30, 2016. |
(b) | Rate disclosed, the 7 day yield, is as of June 30, 2016. |
Investment Abbreviations
AGM | Security guaranteed by Assured Guaranty Municipal Corporation |
AMBAC | Security guaranteed by American Municipal Bond Assurance Corporation |
AMT | Income subject to Alternative Minimum Tax |
BHAC | Security guaranteed by Berkshire Hathaway Assurance Corporation |
GO | General Obligation |
NATL-RE | Reinsurance provided by National Public Finance Guarantee Corporation |
RB | Revenue Bond |
ST INTERCEPT | State Interception |
See Notes to Schedules of Portfolio Investments.
Notes to Schedules of Portfolio Investments
1. Organization
RidgeWorth Funds (the Trust) is organized as a Massachusetts business trust and is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company offering the following funds as of June 30, 2016: Aggressive Growth Stock Fund, Capital Innovations Global Resources and Infrastructure Fund, International Equity Fund, Large Cap Growth Stock Fund, Large Cap Value Equity Fund, Mid-Cap Value Equity Fund, Small Cap Growth Stock Fund, Small Cap Value Equity Fund, Aggressive Growth Allocation Strategy, Conservative Allocation Strategy, Growth Allocation Strategy, Moderate Allocation Strategy, Seix Core Bond Fund, Seix Corporate Bond Fund, Seix Floating Rate High Income Fund, Seix Georgia Tax-Exempt Bond Fund, Seix High Grade Municipal Bond Fund, Seix High Income Fund, Seix High Yield Fund, Seix Investment Grade Tax-Exempt Bond Fund, Seix Limited Duration Fund, Seix North Carolina Tax-Exempt Bond Fund, Seix Short-Term Bond Fund, Seix Short-Term Municipal Bond Fund, Seix Total Return Bond Fund, Seix U.S. Government Securities Ultra-Short Bond Fund, Seix U.S. Mortgage Fund and Seix Virginia Intermediate Municipal Bond Fund (each, a Fund and collectively, the Funds), which are each (except Seix North Carolina Tax-Exempt Bond Fund) a diversified series of the Trust. RidgeWorth Investments (Investment Adviser) serves as the investment adviser to the Funds.
The Trusts 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 Trusts 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.
The Funds are each an investment company and accordingly follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Codification Topic 946 (ASC Topic 946) Financial Services Investment Companies.
2. Significant Accounting Policies
The following are significant accounting policies consistently followed by the Funds in the preparation of its Schedules of Portfolio Investments (each, a Schedule and collectively, the Schedules). These policies are in conformity with accounting principles generally accepted in the U.S. (GAAP). The preparation of the Schedules in accordance with GAAP requires management to make estimates and assumptions regarding assets and liabilities at the date of the Schedules. Changes in the economic environment, financial markets and any other parameters used in determining these estimates could cause actual results to differ.
(a) Investment Valuation - Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. Debt securities are valued at the last quoted bid price, which is based on transactions in debt obligations, quotations from bond dealers, market transactions in comparable securities and various other relationships between securities. The prices are provided by independent pricing vendors approved by the Board of Trustees of the Trust (the Board).
The Funds, in accordance with GAAP, have adopted FASB Codification Topic 820 (ASC Topic 820). ASC Topic 820 establishes a single definition of fair value, creates a three-tier hierarchy as a framework for measuring fair value based on inputs used to value the Funds investments, and requires additional disclosure about fair value. The hierarchy of inputs is summarized below:
| Level 1 Investments whose values are based on quoted market prices in active markets are classified as Level 1 prices, which includes active listed equities. Investments in underlying funds and money market funds are valued at their Net Asset Value (NAV) daily and are classified as Level 1 prices. |
| Level 2Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain asset and mortgage backed products, less liquid listed equities, certain equity securities listed or traded on foreign security exchanges which include a fair valuation adjustment factor applied to their equity prices as of the end of the period and state, municipal and provincial obligations. |
| Level 3Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not available for these securities, the Funds use one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the Funds in estimating the |
value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Funds in the absence of market information. Assumptions used by the Funds due to the lack of observable inputs may significantly impact the resulting fair value and therefore the Funds results of operations. |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The Funds use valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value. Exchange Traded Funds are traded on a securities exchange. The market prices of index-based investments will fluctuate in accordance with changes in the underlying portfolio securities of the investment company and also due to supply and demand of the investment companys shares on the exchange upon which the shares are traded.
The independent pricing vendor may value bank loans and debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, and/or other methodologies designed to identify the market value for such securities and such securities are considered Level 2 in the fair value hierarchy. Publicly-traded foreign government debt securities are typically traded internationally in the over-the-counter market and are valued at the bid prices as of the close of business of that market and such securities are considered Level 2 in the fair value hierarchy. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded and such securities may be considered Level 1 in the fair value hierarchy. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade and such securities may be considered Level 1 in the fair value hierarchy. Centrally cleared credit default and interest rate swaps are valued at the price determined by the relevant exchange and such securities may be considered Level 2 in the fair value hierarchy. Forward foreign exchange contracts are valued using daily forward exchange rates and such securities may be considered Level 2 in the fair value hierarchy.
When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before each Fund calculates its NAV, each of the Funds will value the security as determined in accordance with the Pricing and Valuation Procedures approved by the Board. The Pricing and Valuation Procedures are performed and monitored by a Valuation Committee (the Committee) designated by the Board. Some of the more common reasons which may necessitate that a security be fair valued in accordance with the Pricing and Valuation Procedures include, but are not limited to: the securitys trading has been halted or suspended; the security has been delisted from a national exchange; the securitys primary trading market is temporarily closed at a time when, under normal conditions, it would be open; or the securitys primary pricing source is not able or willing to provide a price. When a security is fair valued in accordance with the Pricing and Valuation Procedures, the Committee determines the value after taking into consideration relevant information reasonably available to the Committee. Under the Pricing and Valuation Procedures, such securities may be considered Level 2 or Level 3 in the fair value hierarchy. Short-term obligations with maturities of 60 days or less are valued at amortized cost, which approximates fair value, and such securities are considered Level 2 in the fair value hierarchy. Certain Funds hold securities or other assets that are denominated in a foreign currency. The Funds will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time) when valuing such assets.
The assets of Aggressive Growth Allocation Strategy, Conservative Allocation Strategy, Growth Allocation Strategy and Moderate Allocation Strategy consist of investments in other funds including affiliated funds (See Note 4), which are valued at their respective daily net asset values.
The following is a summary of the inputs used in valuing the Funds assets and liabilities carried at fair value as of June 30, 2016:
Level 1 - Quoted Prices |
Level 2 - Other Significant Observable Inputs |
Level 3 - Significant Unobservable Inputs |
Total | |||||||||||||
Aggressive Growth Stock Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
$ | 23,868,670 | $ | | $ | | $ | 23,868,670 | ||||||||
Money Market Fund |
30,785 | | | 30,785 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
23,899,455 | | | 23,899,455 | ||||||||||||
|
|
|
|
|
|
|
|
Capital Innovations Global Resources and Infrastructure Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
3,946,848 | | | 3,946,848 | ||||||||||||
Money Market Fund |
284,188 | | | 284,188 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
4,231,036 | | | 4,231,036 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
International Equity Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks |
||||||||||||||||
Australia |
| 2,134,842 | | 2,134,842 | ||||||||||||
Bermuda |
751,200 | | | 751,200 | ||||||||||||
Canada |
2,827,688 | | | 2,827,688 | ||||||||||||
China |
1,358,240 | 1,935,664 | | 3,293,904 | ||||||||||||
Denmark |
1,911,341 | 4,258,866 | | 6,170,207 | ||||||||||||
France |
| 3,534,325 | | 3,534,325 | ||||||||||||
India |
1,461,027 | | | 1,461,027 | ||||||||||||
Ireland |
2,244,637 | 1,431,924 | | 3,676,561 | ||||||||||||
Japan |
| 2,729,415 | | 2,729,415 | ||||||||||||
Mexico |
808,008 | | | 808,008 | ||||||||||||
Netherlands |
2,778,911 | | | 2,778,911 | ||||||||||||
South Africa |
| 568,066 | | 568,066 | ||||||||||||
Spain |
| 699,563 | | 699,563 | ||||||||||||
Switzerland |
2,186,648 | 3,512,378 | | 5,699,026 | ||||||||||||
Taiwan |
2,323,716 | | | 2,323,716 | ||||||||||||
United Kingdom |
1,392,151 | 3,970,146 | | 5,362,297 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Common Stocks |
20,043,567 | 24,775,189 | | 44,818,756 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Money Market Funds |
6,878,187 | | | 6,878,187 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
26,921,754 | 24,775,189 | | 51,696,943 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Large Cap Growth Stock Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
227,480,584 | | | 227,480,584 | ||||||||||||
Money Market Funds |
8,472,970 | | | 8,472,970 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
235,953,554 | | | 235,953,554 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Large Cap Value Equity Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
2,021,885,641 | | | 2,021,885,641 | ||||||||||||
Money Market Funds |
93,726,190 | | | 93,726,190 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
2,115,611,831 | | | 2,115,611,831 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Mid-Cap Value Equity Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
3,088,094,347 | | | 3,088,094,347 | ||||||||||||
Money Market Funds |
131,647,472 | | | 131,647,472 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
3,219,741,819 | | | 3,219,741,819 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Small Cap Growth Stock Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
50,167,238 | | | 50,167,238 | ||||||||||||
Money Market Funds |
5,367,707 | | | 5,367,707 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
55,534,945 | | | 55,534,945 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Small Cap Value Equity Fund |
||||||||||||||||
Assets |
||||||||||||||||
Common Stocks1 |
879,015,558 | | | 879,015,558 | ||||||||||||
Money Market Fund |
16,219,609 | | | 16,219,609 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
895,235,167 | | | 895,235,167 | ||||||||||||
|
|
|
|
|
|
|
|
Aggressive Growth Allocation Strategy2 |
||||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
4,473,514 | | | 4,473,514 | ||||||||||||
Fixed Income Funds |
469,049 | | | 469,049 | ||||||||||||
Exchange Traded Funds |
1,604,212 | | | 1,604,212 | ||||||||||||
Money Market Fund |
157,114 | | | 157,114 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
6,703,889 | | | 6,703,889 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Conservative Allocation Strategy2 |
||||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
16,987,790 | | | 16,987,790 | ||||||||||||
Fixed Income Funds |
23,050,188 | | | 23,050,188 | ||||||||||||
Exchange Traded Funds |
22,801,442 | | | 22,801,442 | ||||||||||||
Money Market Fund |
484,001 | | | 484,001 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
63,323,421 | | | 63,323,421 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Growth Allocation Strategy2 |
||||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
24,423,150 | | | 24,423,150 | ||||||||||||
Fixed Income Funds |
5,919,230 | | | 5,919,230 | ||||||||||||
Exchange Traded Funds |
10,363,531 | | | 10,363,531 | ||||||||||||
Money Market Fund |
315,968 | | | 315,968 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
41,021,879 | | | 41,021,879 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Moderate Allocation Strategy2 |
||||||||||||||||
Assets |
||||||||||||||||
Equity Funds |
25,280,532 | | | 25,280,532 | ||||||||||||
Fixed Income Funds |
14,663,680 | | | 14,663,680 | ||||||||||||
Exchange Traded Funds |
17,728,136 | | | 17,728,136 | ||||||||||||
Money Market Fund |
507,222 | | | 507,222 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
58,179,570 | | | 58,179,570 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Core Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 9,016,298 | | 9,016,298 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 13,266,266 | | 13,266,266 | ||||||||||||
Corporate Bonds1 |
| 74,471,190 | | 74,471,190 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 67,377,487 | | 67,377,487 | ||||||||||||
U.S. Treasury Obligations1 |
| 88,411,977 | | 88,411,977 | ||||||||||||
Money Market Funds |
16,796,823 | | | 16,796,823 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
16,796,823 | 252,543,218 | | 269,340,041 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Corporate Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Corporate Bonds1 |
| 18,618,454 | | 18,618,454 | ||||||||||||
U.S. Treasury Obligation1 |
| 288,339 | | 288,339 | ||||||||||||
Money Market Funds |
1,215,654 | | | 1,215,654 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
1,215,654 | 18,906,793 | | 20,122,447 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Floating Rate High Income Fund |
||||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Security1 |
| 568,369 | | 568,369 | ||||||||||||
Bank Loans1 |
| 3,989,991,762 | | 3,989,991,762 | ||||||||||||
Corporate Bonds1 |
| 92,541,579 | 26,876,505 | 5 | 119,418,084 | |||||||||||
Preferred Stock1 |
2,333,700 | | | 2,333,700 | ||||||||||||
Common Stocks1 |
4,729,108 | | | 4,729,108 | ||||||||||||
Money Market Fund |
140,038,326 | | | 140,038,326 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
147,101,134 | 4,083,101,710 | 26,876,505 | 5 | 4,257,079,349 | |||||||||||
|
|
|
|
|
|
|
|
Seix Georgia Tax-Exempt Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds3 |
| 112,021,626 | | 112,021,626 | ||||||||||||
Money Market Fund |
4,308,766 | | | 4,308,766 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
4,308,766 | 112,021,626 | | 116,330,392 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix High Grade Municipal Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds3 |
| 108,936,039 | | 108,936,039 | ||||||||||||
Money Market Fund |
9,716,141 | | | 9,716,141 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
9,716,141 | 108,936,039 | | 118,652,180 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix High Income Fund |
||||||||||||||||
Assets |
||||||||||||||||
Bank Loans1 |
| 15,756,686 | | 15,756,686 | ||||||||||||
Corporate Bonds1 |
| 529,217,247 | 0 | 5 | 529,217,247 | |||||||||||
Convertible Preferred Stock1 |
659,734 | | | 659,734 | ||||||||||||
Preferred Stock1 |
3,005,950 | | | 3,005,950 | ||||||||||||
Common Stocks1 |
4,961,712 | | | 4,961,712 | ||||||||||||
Money Market Funds |
90,677,383 | | | 90,677,383 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
99,304,779 | 544,973,933 | 0 | 5 | 644,278,712 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix High Yield Fund |
||||||||||||||||
Assets |
||||||||||||||||
Bank Loans1 |
| 18,184,097 | | 18,184,097 | ||||||||||||
Corporate Bonds1 |
| 486,791,281 | | 486,791,281 | ||||||||||||
Common Stock1 |
555,219 | | | 555,219 | ||||||||||||
Money Market Funds |
84,476,101 | | | 84,476,101 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
85,031,320 | 504,975,378 | | 590,006,698 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Investment Grade Tax-Exempt Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds3 |
| 642,835,850 | | 642,835,850 | ||||||||||||
Money Market Fund |
39,723,542 | | | 39,723,542 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
39,723,542 | 642,835,850 | | 682,559,392 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Limited Duration Fund |
||||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 1,141,959 | | 1,141,959 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 4,418,871 | | 4,418,871 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 1,039,780 | | 1,039,780 | ||||||||||||
Money Market Fund |
56,252 | | | 56,252 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
56,252 | 6,600,610 | | 6,656,862 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix North Carolina Tax-Exempt Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds3 |
| 30,745,562 | | 30,745,562 | ||||||||||||
Money Market Fund |
3,018,903 | | | 3,018,903 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
3,018,903 | 30,745,562 | | 33,764,465 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Short-Term Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 5,739,715 | | 5,739,715 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 4,002,241 | | 4,002,241 | ||||||||||||
Corporate Bonds1 |
| 17,983,451 | | 17,983,451 | ||||||||||||
Municipal Bond3 |
| 531,557 | | 531,557 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 5,706,189 | | 5,706,189 | ||||||||||||
U.S. Treasury Obligations1 |
| 16,983,496 | | 16,983,496 | ||||||||||||
Money Market Fund |
345,730 | | | 345,730 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
345,730 | 50,946,649 | | 51,292,379 | ||||||||||||
|
|
|
|
|
|
|
|
Seix Short-Term Municipal Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds3 |
| 34,924,337 | | 34,924,337 | ||||||||||||
Money Market Fund |
2,106,783 | | | 2,106,783 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
2,106,783 | 34,924,337 | | 37,031,120 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Total Return Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 37,062,681 | | 37,062,681 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 40,366,594 | | 40,366,594 | ||||||||||||
Corporate Bonds1 |
| 250,941,166 | | 250,941,166 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 264,093,992 | | 264,093,992 | ||||||||||||
U.S. Treasury Obligations1 |
| 376,247,234 | | 376,247,234 | ||||||||||||
Money Market Funds |
112,532,166 | | | 112,532,166 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
112,532,166 | 968,711,667 | | 1,081,243,833 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments4 |
||||||||||||||||
Forward Foreign Currency Contracts |
| 2,167,537 | | 2,167,537 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Assets |
112,532,166 | 970,879,204 | | 1,083,411,370 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Liabilities |
||||||||||||||||
Credit Default Swap Contracts |
| (1,663,608 | ) | | (1,663,608 | ) | ||||||||||
Forward Foreign Currency Contracts |
| (2,938,932 | ) | | (2,938,932 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Liabilities |
| (4,602,540 | ) | | (4,602,540 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix U.S. Government Securities Ultra-Short Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Security1 |
| 11,834,884 | | 11,834,884 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 644,053,490 | | 644,053,490 | ||||||||||||
U.S. Government Agency1 |
| 9,985,580 | | 9,985,580 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 843,309,359 | | 843,309,359 | ||||||||||||
U.S. Treasury Obligation1 |
| 999,898 | | 999,898 | ||||||||||||
Money Market Fund |
57,148,254 | | | 57,148,254 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
57,148,254 | 1,510,183,211 | | 1,567,331,465 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments4 |
||||||||||||||||
Liabilities |
||||||||||||||||
Futures Contracts |
(1,152,713 | ) | | | (1,152,713 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Liabilities |
(1,152,713 | ) | | | (1,152,713 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix U.S. Mortgage Fund |
||||||||||||||||
Assets |
||||||||||||||||
Collateralized Mortgage Obligations1 |
| 2,001,538 | | 2,001,538 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 33,702,799 | | 33,702,799 | ||||||||||||
Money Market Fund |
2,038,515 | | | 2,038,515 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
2,038,515 | 35,704,337 | | 37,742,852 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Seix Ultra-Short Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Asset-Backed Securities1 |
| 15,458,220 | | 15,458,220 | ||||||||||||
Collateralized Mortgage Obligations1 |
| 13,601,254 | | 13,601,254 | ||||||||||||
Corporate Bonds1 |
| 41,004,425 | | 41,004,425 | ||||||||||||
Municipal Bond3 |
| 824,438 | | 824,438 | ||||||||||||
U.S. Government Agency Mortgages1 |
| 7,683,365 | | 7,683,365 | ||||||||||||
U.S. Treasury Obligations1 |
| 602,728 | | 602,728 | ||||||||||||
Money Market Fund |
2,040,644 | | | 2,040,644 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
2,040,644 | 79,174,430 | | 81,215,074 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments4 |
||||||||||||||||
Liabilities |
||||||||||||||||
Futures Contracts |
(174,557 | ) | | | (174,557 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Liabilities |
(174,557 | ) | | | (174,557 | ) | ||||||||||
|
|
|
|
|
|
|
|
Seix Virginia Intermediate Municipal Bond Fund |
||||||||||||||||
Assets |
||||||||||||||||
Municipal Bonds3 |
| 67,475,015 | | 67,475,015 | ||||||||||||
Money Market Funds |
1,459,453 | | | 1,459,453 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments |
1,459,453 | 67,475,015 | | 68,934,468 | ||||||||||||
|
|
|
|
|
|
|
|
1 | Please see the Schedules for Sector or Country Classifications. |
2 | For additional information regarding the investments of the underlying RidgeWorth Funds, please call 1-888-784-3863 or visit www.ridgeworthfunds.com. |
3 | Please see the Schedules for State Classifications. |
4 | Other Financial Instruments are derivative instruments and depreciation on unfunded loan commitments not reflected in the value of Total Investments in the Schedules, such as credit default swaps, forward foreign currency contracts, futures and interest rate swaps, which are shown at the unrealized appreciation (depreciation) on the instrument. |
5 | As of June 30, 2016, the securities designated as Level 3 were fair valued using significant unobservable inputs under procedures adopted by the Board. Such valuations were based on a review of inputs such as, but not limited to, similar securities, company specific financial information, and company specific news. Each of these securities are Board fair valued securities for the period ended June 30, 2016. The Level 3 securities comprised 0.6% of net assets of Seix Floating Rate High Income Fund and 0.0% of net assets of Seix High Income Fund. |
The following is a reconciliation of investments as of June 30, 2016 in which significant unobservable inputs (Level 3) were used in determining fair value:
Net Change | ||||||||||||||||||||||||||||||||||||||||
in Unrealized | ||||||||||||||||||||||||||||||||||||||||
Depreciation | ||||||||||||||||||||||||||||||||||||||||
from | ||||||||||||||||||||||||||||||||||||||||
Investments | ||||||||||||||||||||||||||||||||||||||||
Balance | Change in | Transfers | Transfers | Balance | Still Held | |||||||||||||||||||||||||||||||||||
as of | Accrued | Realized | Unrealized | into | out | as of | as of | |||||||||||||||||||||||||||||||||
3/31/2016 | Discounts | Gain | Depreciation | Purchases | Sales | Level 3 | of Level 3 | 6/30/2016 | 6/30/2016 | |||||||||||||||||||||||||||||||
Seix Floating Rate High Income Fund |
||||||||||||||||||||||||||||||||||||||||
Corporate Bonds |
||||||||||||||||||||||||||||||||||||||||
Oil & Gas |
$ | 24,497,837 | $ | 3,764 | $ | 2,175 | $ | 3,116,998 | $ | | $ | (744,269 | ) | $ | | $ | | $ | 26,876,505 | $ | 3,116,998 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
$ | 24,497,837 | $ | 3,764 | $ | 2,175 | $ | 3,116,998 | $ | | $ | (744,269 | ) | $ | | $ | | $ | 26,876,505 | $ | 3,116,998 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The Funds policy is to disclose transfers between levels based on valuations at the end of the reporting period. Each portfolio may hold securities which are periodically fair valued in accordance with the Pricing and Valuation Procedures. This may result in movements between Level 1 and Level 2 throughout the period. As of June 30, 2016, securities valued at $22,264,786 were transferred from Level 1 to Level 2 pursuant to the Pricing and Valuation Procedures for International Equity Fund. The transfers were a result of certain foreign equity securities including a fair valuation adjustment factor applied to their equity prices as of June 30, 2016.
(b) Security Transactions Security transactions are accounted for on a trade date basis.
(c) Foreign Currency Translation Investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), on the date of valuation.
(d) Derivative Instruments Certain Funds may enter into derivative contracts for purposes of pursuing their investment objective, to use as a substitute for a purchase or sale of a position in the underlying assets and/or as part of a strategy designed to reduce exposure to other risks. Open derivative positions at June 30, 2016 are included within each applicable Funds Schedule.
(e) Securities Traded on a To-Be-Announced Basis Certain Funds may trade securities on a to-be-announced (TBA) basis. In a TBA transaction, a Fund commits to purchasing or selling securities which have not yet been issued by the issuer and for which specific information, such as the face amount, maturity date and underlying pool of investments in U.S. government agency mortgage pass-through securities, is not announced. Securities purchased on a TBA basis are not settled until they are delivered to the Fund. Beginning on the date a Fund enters into a TBA transaction, cash, U.S. government securities or other liquid high-grade debt obligations are segregated in an amount equal in value to the purchase price of the TBA security. These securities are subject to market fluctuations and their current value is determined in the same manner as for other securities.
(f) Forward Foreign Currency Contracts Certain Funds may enter into forward foreign currency contracts to hedge against foreign currency exchange rate risk on non-U.S. dollar denominated securities or to facilitate settlement of a foreign currency denominated portfolio transaction. A forward foreign currency contract is an agreement between two parties to buy and sell a currency at a set price with delivery and settlement at a future date. The contract is marked-to-market daily.
Forward foreign currency contracts involve elements of market risk in excess of the amounts reflected on the Statements of Assets and Liabilities within the Funds annual and semi-annual reports. The Funds bear the risk of an unfavorable change in the foreign exchange rate underlying the forward foreign currency contract. Risks may also arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts.
(g) Futures Contracts Certain Funds may enter into futures contracts to gain exposure to, or hedge against, changes in interest rates or gain exposure to, or hedge against, changes in certain asset classes. A futures contract represents a commitment for the future purchase or sale of an asset at a specified price on a specified date.
Upon entering into a futures contract, the Fund is required to deposit cash or cash equivalents with a broker in an amount equal to a certain percentage of the contract amount. This is known as the initial margin and subsequent payments (variation margin) are made or received by the Fund each day, depending on the daily fluctuation in the value of the contract. For certain futures, including foreign denominated futures, variation margin is not settled daily, but is recorded as a net variation margin payable or receivable. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded.
Futures contracts involve, to varying degrees, risk of loss in excess of the amounts reflected in the Statements of Assets and Liabilities within the Funds annual and semi-annual reports. In addition, there is the risk that the Funds may not be able to enter into a closing transaction because of an illiquid secondary market.
(h) Swap Contracts Certain Funds may invest in swap contracts for the purpose of managing exposure to interest rate, credit or market risk, or for other purposes. The use of swap contracts involves risks that are different from those associated with ordinary portfolio transactions. Swap contracts may be privately negotiated in the over-the-counter market (OTC swaps) or may be executed in a multilateral or other trade facility platform, such as a registered commodities exchange (centrally cleared swaps).
OTC swap contracts are marked-to-market daily using an independent pricing vendor and changes in value are recorded as unrealized appreciation or depreciation in the Statements of Assets and Liabilities. Daily changes in valuation of centrally cleared swaps, if any, are recorded as a receivable or payable, as applicable, for variation margin on centrally cleared swaps on the Statement of Assets and Liabilities. Collateral, in the form of restricted cash or securities, may be required to be held in segregated accounts with the Funds custodian in compliance with the terms of the swap contracts. Securities posted as collateral for swap contracts are identified in the Schedules of Portfolio Investments and restricted cash, if any, is identified on the Statements of Assets and Liabilities. Risks may exceed amounts recorded in the Statements of Assets and Liabilities. These risks include changes in the returns of the underlying instruments, failure of the counterparties to perform under the contracts terms, and the possible lack of liquidity with respect to the swap contracts.
Credit Default Swaps
Certain Funds enter into credit default swap (CDS) contracts for investment purposes, to manage credit risk or to add leverage. CDS contracts involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a default by a third party, typically corporate or sovereign issuers, on a specified obligation, or in the event of a write-down, principal shortfall, interest shortfall or default of all or part of the referenced entities comprising a credit index. The Funds may use a CDS contract to provide protection against defaults of the issuers (i.e., to reduce risk where the Funds have exposure to an issuer) or to take an active long or short position with respect to the likelihood of a particular issuers default.
As a seller of protection, a Fund generally receives an upfront payment or a stream of payments throughout the term of the swap contracts provided that there is no credit event. These amounts of potential payments will be partially offset by any recovery of values from the respective referenced obligations. As a seller of protection, a Fund effectively adds leverage to its portfolio because, in addition to its total net assets, a Fund is subject to investment exposure on the notional amount of the swap contract. As a buyer of protection, a Fund generally receives an amount up to the notional value of the swap contract if a defined credit event occurs.
The Funds maximum risk of loss from counterparty risk, as the protection buyer, is the fair value of the swap contract (this risk is mitigated by the posting of collateral by the counterparty to the Fund to cover the Funds exposure to the counterparty). As the protection seller, the Funds maximum risk is the notional amount of the contract. CDS contracts are considered to have credit risk-related contingent features since they require payment by the protection seller to the protection buyer upon the occurrence of a defined credit event.
Implied spreads are the theoretical prices a lender receives for credit default protection. When spreads rise, market perceived credit risk rises and when spreads fall, market perceived credit risk falls. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to enter into the contract. Wider credit spreads and decreasing market values, when compared to the notional amount of the swap, represent a deterioration of the referenced entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. Credit spreads utilized in determining the period end market value of CDS contracts on corporate or
sovereign issues are disclosed in the Schedules of Portfolio Investments and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for credit derivatives. The quoted market prices and resulting values, particularly in relation to the notional amount of the contract as well as the annual payment rate, serve as an indication of the current status of the payment/performance risk for CDS contracts on asset-backed securities and credit indices.
Entering into a CDS contract involves, to varying degrees, elements of credit, market and documentation risk. Such risks involve the possibility that there will be no liquid market for these contracts, and that the counterparty to the contract may default on its obligation to perform or disagree as to the meaning of the contractual terms in the contract, and that there are unfavorable changes in net interest rates.
Interest Rate Swaps
Certain Funds may enter into interest rate swap (IRS) contracts to manage exposure to interest rate risk. IRS contracts are agreements between two parties to exchange cash flows based on a notional principal amount. The Fund may elect to pay a fixed rate and receive a floating rate, or, receive a fixed rate and pay a floating rate on a notional principal amount. IRS contracts are marked-to-market daily based upon quotations from market makers.
The risks of IRS contracts include changes in market conditions that will affect the value of the contract or changes in the present value of the future cash flow streams and the possible inability of the counterparty to fulfill its obligations under the contract. The Funds maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contracts remaining life, to the extent that that amount is positive. This risk is mitigated by the posting of collateral by the counterparty to the Fund to cover the Funds exposure to the counterparty.
(i) Securities Lending Each Fund may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Board. These loans may not exceed either (i) 50% of the sum of the market value of all securities of the Fund and the market value of securities purchased with cash collateral or (ii) 33.33% of the total market value of all securities of the Fund. No Fund will lend portfolio securities to its investment adviser, subadviser, or its affiliates unless it has applied for and received specific authority to do so from the Securities and Exchange Commission. Loans of portfolio securities are required to be fully collateralized by cash, letters of credit or U.S. government securities. The initial value of the collateral must be at least 102% of the market value of the securities loaned, if the securities loaned are U.S. securities (105% for non-U.S. securities); and maintained in an amount equal to at least 100% (103% for non-U.S. securities) thereafter. However, due to market fluctuations during the day, the value of securities loaned on a particular day may exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior days market fluctuations and the current days lending activity. Lending securities involves certain risks; including the risk that a Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities. A fee will be obtained from the borrower if letters of credit or U.S. government securities are used as collateral.
The Funds, in accordance with guidance presented, have adopted FASB Accounting Standards Update (ASU 2014-11), Balance Sheet (Topic) 860: Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures. ASU 2014-11 is intended to provide increased transparency about the types of collateral pledged in repurchase agreements and other similar transactions that are accounted for as secured borrowing.
For International Equity Fund, Large Cap Growth Stock Fund, Large Cap Value Equity Fund, Mid-Cap Value Equity Fund, Small Cap Growth Stock Fund, Seix Core Bond Fund, Seix Corporate Bond Fund, Seix High Income Fund, Seix High Yield Fund and Seix Total Return Bond Fund the value of the security loan obligation is classified as follows as of June 30, 2016:
International Equity Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Common Stocks |
$ | 3,892,273 | $ | | $ | | $ | | $ | 3,892,273 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 3,892,273 | $ | | $ | | $ | | $ | 3,892,273 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 3,892,273 | |||||||||||||||||
|
|
Large Cap Growth Stock Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Common Stocks |
$ | 4,561,483 | $ | | $ | | $ | | $ | 4,561,483 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 4,561,483 | $ | | $ | | $ | | $ | 4,561,483 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 4,561,483 | |||||||||||||||||
|
|
|||||||||||||||||||
Large Cap Value Equity Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Common Stocks |
$ | 2,169,775 | $ | | $ | | $ | | $ | 2,169,775 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 2,169,775 | $ | | $ | | $ | | $ | 2,169,775 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 2,169,775 | |||||||||||||||||
|
|
|||||||||||||||||||
Mid-Cap Value Equity Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Common Stocks |
$ | 79,011,320 | $ | | $ | | $ | | $ | 79,011,320 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 79,011,320 | $ | | $ | | $ | | $ | 79,011,320 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 79,011,320 | |||||||||||||||||
|
|
|||||||||||||||||||
Small Cap Growth Stock Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Common Stocks |
$ | 4,579,770 | $ | | $ | | $ | | $ | 4,579,770 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 4,579,770 | $ | | $ | | $ | | $ | 4,579,770 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 4,579,770 | |||||||||||||||||
|
|
|||||||||||||||||||
Seix Core Bond Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Corporate Bonds |
$ | 1,907,316 | $ | | $ | | $ | | $ | 1,907,316 | ||||||||||
U.S. Treasury Obligations |
10,189,497 | | | | 10,189,497 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total |
$ | 12,096,813 | $ | | $ | | $ | | $ | 12,096,813 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 12,096,813 | $ | | $ | | $ | | $ | 12,096,813 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 12,096,813 | |||||||||||||||||
|
|
Seix Corporate Bond Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Corporate Bonds |
$ | 683,528 | $ | | $ | | $ | | $ | 683,528 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 683,528 | $ | | $ | | $ | | $ | 683,528 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 683,528 | |||||||||||||||||
|
|
|||||||||||||||||||
Seix High Income Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Common Stocks |
$ | 542,341 | $ | | $ | | $ | | $ | 542,341 | ||||||||||
Corporate Bonds |
64,218,139 | | | | 64,218,139 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total |
$ | 64,760,480 | $ | | $ | | $ | | $ | 64,760,480 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 64,760,480 | $ | | $ | | $ | | $ | 64,760,480 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 64,760,480 | |||||||||||||||||
|
|
|||||||||||||||||||
Seix High Yield Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Common Stock |
$ | 592,673 | $ | | $ | | $ | | $ | 592,673 | ||||||||||
Corporate Bonds |
42,310,292 | | | | 42,310,292 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total |
$ | 42,902,965 | $ | | $ | | $ | | $ | 42,902,965 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 42,902,965 | $ | | $ | | $ | | $ | 42,902,965 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 42,902,965 | |||||||||||||||||
|
|
|||||||||||||||||||
Seix Total Return Bond Fund | ||||||||||||||||||||
Remaining Contractual Maturity of the Agreements As of June 30, 2016 |
||||||||||||||||||||
Overnight and Continuous |
<30 days | Between 30 & 90 days |
>90 days | Total | ||||||||||||||||
Securities Lending Transactions |
||||||||||||||||||||
Corporate Bonds |
$ | 1,155,477 | $ | | $ | | $ | | $ | 1,155,477 | ||||||||||
U.S. Treasury Obligations |
83,502,851 | | | | 83,502,851 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total |
$ | 84,658,328 | $ | | $ | | $ | | $ | 84,658,328 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total Borrowings |
$ | 84,658,328 | $ | | $ | | $ | | $ | 84,658,328 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Gross amount of recognized liabilities for securities lending transactions |
|
$ | 84,658,328 | |||||||||||||||||
|
|
(j) Real Estate Investment Trusts Certain Funds may own shares of real estate investment trusts (REITs) which report information on the source of their distributions annually. The Funds re-characterize distributions received from REIT investments based on information provided by the REITs into the following categories: ordinary income, long-term capital gains, and return of capital. If information is not available on a timely basis from the REITs, the re-characterization will be estimated based on available information which may include the previous years allocation. If new or additional information becomes available from the REITs at a later date, a re-characterization will be made the following year.
(k) Bank Loans Certain Funds may invest in first and second lien senior floating-rate loans (bank loans). These loans are made by banks and other large financial institutions to various companies and are senior in the 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 borrowers discretion. A Fund will maintain, on a daily basis, high quality, liquid assets in an amount at least equal in value to its
contractual obligation to fulfill the revolving senior loan. Therefore, a Fund must have funds sufficient to cover its contractual obligation. In addition, bank loans generally are subject to extended settlement periods, which may impair the Funds ability to sell or realize the full value of its loans in the event of a need to liquidate such loans. As of June 30, 2016, the Funds had no unfunded loan commitments.
(l) Restricted Securities Certain Funds investments are restricted as to resale. All of these restricted securities have been deemed liquid by the Funds Investment Adviser based upon procedures approved by the Board, unless stated otherwise in the Funds Schedules of Portfolio Investments. As of June 30, 2016, the Funds did not have any restricted securities.
(m) When-Issued Securities and Forward Commitments Delivery and payment for securities that have been purchased by a Fund on a forward commitment or when-issued basis can take place up to a month or more after the transaction date at a fixed price. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued or forward commitment basis may increase the volatility of a Funds NAV if the Fund makes such investments while remaining substantially fully invested. A Fund records when-issued securities on trade date and will segregate or earmark liquid assets in an amount at least equal in value to its commitments to purchase when-issued and forward commitment securities or engage in other appropriate measures to cover its obligation. When-issued securities and the segregated liquid assets associated with such investments are presented within the Funds Schedules.
(n) Credit and Market Risk Certain Funds investments in securities that are collateralized by residential real estate mortgages are subject to certain credit and liquidity risks. When market conditions result in an increase in default rates of the underlying mortgages and the foreclosure values of underlying real estate properties are materially below the outstanding amount of these underlying mortgages, collection of the full amount of accrued interest and principal on these investments may be doubtful. Such market conditions may significantly impair the value and liquidity of these investments and may result in a lack of correlation between their credit ratings and values.
(o) Foreign Investment Risks Certain Funds may invest in securities of foreign issuers in various countries. Investments in securities of foreign issuers carry certain risks not ordinarily associated with investments in securities of U.S. issuers. These risks include future political and economic developments, and the possible imposition of exchange controls or other foreign governmental laws and restrictions. In addition, with respect to certain countries, there is a possibility of expropriation of assets, confiscatory taxation, political or social instability or diplomatic developments, which could adversely affect investments in those countries. Emerging market countries are countries that the World Bank or the United Nations considers to be emerging or developing. Emerging markets may be more likely to experience political turmoil or rapid changes in market or economic conditions than more developed countries. In addition, the financial stability of issuers, including governments, in emerging market countries may be more precarious than in other countries. As a result, there may be an increased risk of price volatility associated with a Funds investments in emerging market countries, which may be magnified by currency fluctuations relative to the U.S. dollar. Please refer to each Funds prospectus for additional risks that may be associated with the Funds.
For securities subject to foreign withholding tax upon disposition, liabilities are recorded on the Statement of Assets and Liabilities for the estimated tax withholding based on the securities current market value.
(p) Counterparty Risk and Credit-Risk-Related Contingent Features of Derivative Instruments Certain Funds may invest in certain securities or engage in other transactions where the Funds are exposed to counterparty credit risk in addition to broader market risks. The Funds may invest in securities of issuers, which may also be considered counterparties as trading partners in other transactions. This may increase the risk of loss in the event of default or bankruptcy by the counterparty or if the counterparty otherwise fails to meet its contractual obligations. The Funds Investment Adviser attempts to mitigate counterparty risk by (i) periodically assessing the creditworthiness of its trading partners, (ii) monitoring and/or limiting the amount of its net exposure to each individual counterparty based on its assessment and (iii) requiring collateral from the counterparty for certain transactions. Market events and changes in overall economic conditions may impact the assessment of such counterparty risk by the investment manager. In addition, declines in the values of underlying collateral received may expose the Funds to increased risk of loss.
(q) Other Risks Certain Funds invest in high yield corporate, government, and other debt instruments of U.S. and non-U.S. issuers. High yield securities involve greater risk of default or downgrade and are more volatile than investment grade securities. A Funds concentration of investments in securities of issuers located in a specific region or state, subjects that Fund to the economic and government policies of the region or state, and may increase risk versus that of a fund whose investments are more diversified. Please refer to each Funds prospectus for additional risks that may be associated with the Funds.
(r) Master Limited Partnership Certain Funds may invest in domestic master limited partnership (MLPs). MLPs are publicly traded companies organized as limited partnerships or limited liability companies and treated as partnerships for federal income tax purposes. An investment in MLP units involves risks in addition to the risks associated with a similar investment in equity securities, such as common stock, of a corporation. As compared to common shareholders of a corporation, holders of MLP units
have more limited control and limited rights to vote on matters affecting the partnership. Additional risks inherent to investments in MLP units include cash flow risk, tax risk, risk associated with a potential conflict of interest between unit holders and the MLPs general partner, and capital markets risk. Moreover, the value of the Funds investment in MLPs depends largely on the MLPs being treated as partnerships for U.S. federal income tax purposes. If an MLP does not meet current legal requirements to maintain eligibility for partnership tax treatment, or if it is unable to do so because of tax law changes, it could be taxed as a corporation and there could be a material decrease in the value of its securities. Certain MLP securities may trade in lower volumes due to their smaller capitalizations. Accordingly, those MLPs may be subject to more abrupt or erratic price movements and may lack sufficient market liquidity to enable the Fund to effect sales at an advantageous time or without a substantial drop in price. MLPs are generally considered interest-rate sensitive investments. During periods of interest rate volatility, these investments may not provide attractive returns.
3. Tax Basis of Investments
As of June 30, 2016 the cost and aggregate gross unrealized appreciation and depreciation on securities were substantially the same for federal income tax purposes on securities and are listed below:
Fund |
Tax Cost | Aggregate Gross Unrealized Appreciation |
Aggregate Gross Unrealized (Depreciation) |
Net Unrealized Appreciation (Depreciation) |
||||||||||||
Aggressive Growth Stock Fund |
$ | 14,966,298 | $ | 10,383,771 | $ | (1,450,614 | ) | $ | 8,933,157 | |||||||
Capital Innovations Global Resources and Infrastructure Fund |
4,129,215 | 412,839 | (311,018 | ) | 101,821 | |||||||||||
International Equity Fund |
48,707,843 | 4,017,648 | (1,028,548 | ) | 2,989,100 | |||||||||||
Large Cap Growth Stock Fund |
139,801,981 | 101,707,055 | (5,555,482 | ) | 96,151,573 | |||||||||||
Large Cap Value Equity Fund |
1,707,212,303 | 421,134,814 | (12,735,286 | ) | 408,399,528 | |||||||||||
Mid-Cap Value Equity Fund |
2,977,215,435 | 323,593,355 | (81,066,971 | ) | 242,526,384 | |||||||||||
Small Cap Growth Stock Fund |
49,925,805 | 10,303,876 | (4,694,736 | ) | 5,609,140 | |||||||||||
Small Cap Value Equity Fund |
715,076,789 | 220,177,406 | (40,019,028 | ) | 180,158,378 | |||||||||||
Aggressive Growth Allocation Strategy |
5,539,632 | 1,208,175 | (43,918 | ) | 1,164,257 | |||||||||||
Conservative Allocation Strategy |
60,261,132 | 3,566,172 | (503,883 | ) | 3,062,289 | |||||||||||
Growth Allocation Strategy |
35,046,875 | 6,243,680 | (268,676 | ) | 5,975,004 | |||||||||||
Moderate Allocation Strategy |
49,889,678 | 8,536,224 | (246,332 | ) | 8,289,892 | |||||||||||
Seix Core Bond Fund |
262,313,270 | 7,437,777 | (411,006 | ) | 7,026,771 | |||||||||||
Seix Corporate Bond Fund |
19,476,383 | 774,988 | (128,924 | ) | 646,064 | |||||||||||
Seix Floating Rate High Income Fund |
4,472,871,675 | 14,571,706 | (230,364,032 | ) | (215,792,326 | ) | ||||||||||
Seix Georgia Tax-Exempt Bond Fund |
106,710,411 | 9,619,981 | | 9,619,981 | ||||||||||||
Seix High Grade Municipal Bond Fund |
111,795,256 | 6,857,761 | (837 | ) | 6,856,924 | |||||||||||
Seix High Income Fund |
657,613,435 | 16,092,850 | (29,427,573 | ) | (13,334,723 | ) | ||||||||||
Seix High Yield Fund |
598,737,952 | 12,354,032 | (21,085,286 | ) | (8,731,254 | ) | ||||||||||
Seix Investment Grade Tax-Exempt Bond Fund |
642,234,011 | 40,348,681 | (23,300 | ) | 40,325,381 | |||||||||||
Seix Limited Duration Fund |
6,643,571 | 16,296 | (3,005 | ) | 13,291 | |||||||||||
Seix North Carolina Tax-Exempt Bond Fund |
31,454,209 | 2,316,723 | (6,467 | ) | 2,310,256 | |||||||||||
Seix Short-Term Bond Fund |
50,901,999 | 406,174 | (15,794 | ) | 390,380 | |||||||||||
Seix Short-Term Municipal Bond Fund |
36,759,838 | 271,311 | (29 | ) | 271,282 | |||||||||||
Seix Total Return Bond Fund |
1,054,120,372 | 28,586,851 | (1,463,390 | ) | 27,123,461 | |||||||||||
Seix U.S. Government Securities Ultra-Short Bond Fund |
1,553,150,603 | 15,364,325 | (1,183,463 | ) | 14,180,862 | |||||||||||
Seix U.S. Mortgage Fund |
36,988,514 | 754,443 | (105 | ) | 754,338 | |||||||||||
Seix Ultra-Short Bond Fund |
80,849,391 | 409,970 | (44,287 | ) | 365,683 | |||||||||||
Seix Virginia Intermediate Municipal Bond Fund |
64,332,247 | 4,602,330 | (109 | ) | 4,602,221 |
4. Investments in Affiliated Issuers
Affiliated holdings are holdings in mutual funds which are managed by the Investment Adviser or an affiliate of the Investment Adviser or which are distributed by an affiliate of the Funds distributor. An investment by a Fund representing greater than 10% of the voting securities of an issuer makes that issuer an affiliated holding of the Fund. With respect to each Fund, the Investment Adviser was paid an investment advisory fee by the affiliated investments listed beneath its name below. Investments in affiliated issuers as of June 30, 2016, were as follows:
Name of Affiliated Issuer |
Share Balance at March 31, 2016 |
Purchases | Sales | Share Balance at June 30, 2016 |
Value at June 30, 2016 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Aggressive Growth Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth International Equity Fund - IS Shares |
36,978 | | 2,566 | 34,412 | $ | 328,637 | $ | | $ | | $ | (2,143 | ) | |||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund - IS Shares |
228,443 | | 21,324 | 207,119 | 1,897,206 | | | (54 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund - IS Shares |
98,912 | 2,352 | 7,940 | 93,324 | 1,438,121 | | | 21,995 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund - IS Shares |
46,042 | | 3,255 | 42,787 | 539,976 | | | 9,465 | ||||||||||||||||||||||||
RidgeWorth Seix Core Bond Fund - IS Shares |
28 | | | 28 | 315 | 2 | | | ||||||||||||||||||||||||
RidgeWorth Seix Corporate Bond Fund - I Shares |
3,115 | 139 | 345 | 2,909 | 25,631 | 189 | | (116 | ) | |||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund - IS Shares |
1,023 | 133 | 136 | 1,020 | 8,673 | 117 | | (38 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Income Fund - IS Shares |
1,484 | 193 | 173 | 1,504 | 9,292 | 165 | | (90 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund - I Shares |
1,114 | 144 | 132 | 1,126 | 9,075 | 139 | | (67 | ) | |||||||||||||||||||||||
RidgeWorth Seix Total Return Bond Fund - IS Shares |
37,107 | 182 | 4,440 | 32,849 | 358,056 | 1,975 | | 843 | ||||||||||||||||||||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund - I Shares |
6,466 | 114 | 797 | 5,783 | 58,007 | 145 | | (67 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund - IS Shares |
15,500 | | 1,105 | 14,395 | 130,560 | | | (465 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund - I Shares |
12,445 | | 860 | 11,585 | 139,014 | | | 2,135 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 4,942,563 | $ | 2,732 | $ | | $ | 31,398 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Name of Affiliated Issuer |
Share Balance at March 31, 2016 |
Purchases | Sales | Share Balance at June 30, 2016 |
Value at June 30, 2016 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Conservative Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth International Equity Fund - IS Shares |
133,433 | | 4,468 | 128,965 | $ | 1,231,618 | $ | | $ | | $ | (5,323 | ) | |||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund - IS Shares |
831,070 | | 42,709 | 788,361 | 7,221,391 | | | (60,910 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund - IS Shares |
361,137 | 5,272 | 9,454 | 356,955 | 5,500,679 | | | (14,171 | ) | |||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund - IS Shares |
166,150 | | 5,722 | 160,428 | 2,024,598 | | | 11 | ||||||||||||||||||||||||
RidgeWorth Seix Core Bond Fund - IS Shares |
787 | 4 | | 791 | 8,776 | 43 | | | ||||||||||||||||||||||||
RidgeWorth Seix Corporate Bond Fund - I Shares |
126,239 | 904 | 3,306 | 123,837 | 1,091,001 | 7,851 | | (886 | ) | |||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund - IS Shares |
42,104 | 548 | 1,150 | 41,502 | 352,770 | 4,661 | | (219 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Income Fund - IS Shares |
61,354 | 1,039 | 1,609 | 60,784 | 375,647 | 6,561 | | (734 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund - I Shares |
46,057 | 689 | 1,233 | 45,513 | 366,836 | 5,530 | | (109 | ) | |||||||||||||||||||||||
RidgeWorth Seix Total Return Bond Fund - IS Shares |
1,711,650 | 8,814 | 44,910 | 1,675,554 | 18,263,538 | 95,676 | | (1,373 | ) | |||||||||||||||||||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund - I Shares |
264,754 | 626 | 6,993 | 258,387 | 2,591,620 | 6,265 | | (430 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund - IS Shares |
55,867 | | 1,993 | 53,874 | 488,638 | | | (9,471 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund - I Shares |
44,961 | | 1,556 | 43,405 | 520,866 | | | (802 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 40,037,978 | $ | 126,587 | $ | | $ | (94,417 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
Name of Affiliated Issuer |
Share Balance at March 31, 2016 |
Purchases | Sales | Share Balance at June 30, 2016 |
Value at June 30, 2016 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Growth Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth International Equity Fund - IS Shares |
225,468 | | 39,216 | 186,252 | $ | 1,778,703 | $ | | $ | | $ | (49,705 | ) | |||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund - IS Shares |
1,397,584 | | 264,450 | 1,133,134 | 10,379,512 | | | (110,581 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund - IS Shares |
606,458 | | 94,890 | 511,568 | 7,883,259 | | | 299,674 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund - IS Shares |
280,471 | | 48,333 | 232,138 | 2,929,578 | | | 146,544 | ||||||||||||||||||||||||
RidgeWorth Seix Core Bond Fund - IS Shares |
259 | 1 | | 260 | 2,882 | 14 | | | ||||||||||||||||||||||||
RidgeWorth Seix Corporate Bond Fund - I Shares |
33,890 | 235 | 2,655 | 31,470 | 277,254 | 2,041 | | (745 | ) | |||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund - IS Shares |
11,197 | 141 | 813 | 10,525 | 89,467 | 1,203 | | 762 | ||||||||||||||||||||||||
RidgeWorth Seix High Income Fund - IS Shares |
16,517 | 271 | 1,269 | 15,519 | 95,907 | 1,713 | | (610 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund - I Shares |
12,268 | 178 | 971 | 11,475 | 92,489 | 1,425 | | 83 | ||||||||||||||||||||||||
RidgeWorth Seix Total Return Bond Fund - IS Shares |
459,115 | 2,293 | 29,775 | 431,633 | 4,704,800 | 24,869 | | 8,060 | ||||||||||||||||||||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund - I Shares |
70,891 | 162 | 5,606 | 65,447 | 656,431 | 1,621 | | (375 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund - IS Shares |
93,941 | | 16,693 | 77,248 | 700,641 | | | (11,523 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund - I Shares |
75,768 | | 13,147 | 62,621 | 751,457 | | | 35,810 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 30,342,380 | $ | 32,886 | $ | | $ | 317,394 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Name of Affiliated Issuer |
Share Balance at March 31, 2016 |
Purchases | Sales | Share Balance at June 30, 2016 |
Value at June 30, 2016 |
Dividend Income |
Realized Gain Distributions |
Net Realized Gain (Loss) |
||||||||||||||||||||||||
Moderate Allocation Strategy |
||||||||||||||||||||||||||||||||
RidgeWorth International Equity Fund - IS Shares |
229,673 | | 37,695 | 191,978 | $ | 1,833,386 | $ | | $ | | $ | (24,425 | ) | |||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund - IS Shares |
1,427,377 | | 254,466 | 1,172,911 | 10,743,862 | | | (39,854 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund - IS Shares |
619,860 | 14,807 | 103,688 | 530,979 | 8,182,394 | | | 273,519 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund - IS Shares |
285,572 | | 46,670 | 238,902 | 3,014,941 | | | 180,112 | ||||||||||||||||||||||||
RidgeWorth Seix Core Bond - IS Shares |
704 | 3 | 209 | 498 | 5,518 | 36 | | (86 | ) | |||||||||||||||||||||||
RidgeWorth Seix Corporate Bond Fund - I Shares |
91,110 | 632 | 12,907 | 78,835 | 694,536 | 5,481 | | (2,941 | ) | |||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund - IS Shares |
30,547 | 385 | 4,501 | 26,431 | 224,665 | 3,269 | | 4,996 | ||||||||||||||||||||||||
RidgeWorth Seix High Income Fund - IS Shares |
44,701 | 734 | 6,754 | 38,681 | 239,047 | 4,628 | | (2,242 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund - I Shares |
33,272 | 483 | 4,789 | 28,966 | 233,463 | 3,871 | | 570 | ||||||||||||||||||||||||
RidgeWorth Seix Total Return Bond Fund - IS Shares |
1,234,708 | 6,191 | 175,105 | 1,065,794 | 11,617,152 | 67,219 | | 155,453 | ||||||||||||||||||||||||
RidgeWorth Seix U.S. Government Securities Ultra-Short Bond Fund - I Shares |
191,200 | 437 | 27,200 | 164,437 | 1,649,299 | 4,372 | | (666 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund - IS Shares |
96,134 | | 15,684 | 80,450 | 729,682 | | | (2,380 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund - I Shares |
77,312 | | 12,623 | 64,689 | 776,267 | | | 40,632 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
Total |
$ | 39,944,212 | $ | 88,876 | $ | | $ | 582,688 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
5. Subsequent Events
Management has evaluated events and transactions for potential recognition or disclosure in this report through the date the report was available to be issued. Management has determined that there are no material events that would require disclosure through this date.
Item 2. | Controls and Procedures. |
(a) The registrants principal executive officer and principal financial officer have concluded, based on their evaluation of the registrants 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-Q is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commissions rules and forms.
(b) There were no changes in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting.
Item 3. | Exhibits. |
The certifications required by Rule 30a-2(a) under the Investment Company Act of 1940 are attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
RidgeWorth Funds
By: | /s/ Julia Short | |
Julia Short | ||
President and Chief Executive Officer | ||
Date: | August 24, 2016 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: |
/s/ Julia Short | |
Julia Short | ||
President and Chief Executive Officer | ||
Date: | August 24, 2016 |
By: | /s/ Benjamin H. Lowe | |
Benjamin H. Lowe | ||
Treasurer and Chief Financial Officer | ||
Date: | August 24, 2016 |
Exhibit 3(a)(1)
CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002:
I, Julia Short, President and Chief Executive Officer of RidgeWorth Funds, certify that:
1. | I have reviewed this report on Form N-Q of RidgeWorth Funds; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and |
(d) | Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: | August 24, 2016 | |
By: | /s/ Julia Short | |
Julia Short | ||
President and Chief Executive Officer |
Exhibit 3(a)(2)
CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002:
I, Denise R. Lewis, Treasurer and Chief Financial Officer of RidgeWorth Funds, certify that:
1. | I have reviewed this report on Form N-Q of RidgeWorth Funds; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; |
4. | The registrants other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
(c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and |
(d) | Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer(s) and I have disclosed to the registrants auditors and the audit committee of the registrants board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting. |
Date: | August 24, 2016 | |
By: | /s/ Benjamin H. Lowe | |
Benjamin H. Lowe | ||
Treasurer and Chief Financial Officer |