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Tributary Balanced Fund Receives Top Rating |
The Tributary Funds are a family of mutual funds advised by Tributary Capital Management. Each Tributary Fund is managed with a unique strategy allowing you to customize a diversified portfolio.
Fund |
Morningstar Rating * |
|---|---|
| Core Equity Fund (FOEQX) |  Out of 1,580 Large Blend Funds |
| Small Company Fund (FOSCX) | Out of 580 Small Blend Funds |
| Balanced Fund (FOBAX) | Out of 843 Moderate Allocation Funds |
| Growth Opportunities Fund (FOGRX) | Out of 659 Mid-Cap Growth Funds |
| Short-Intermediate Bond Fund (FOSIX) | Out of 353 Short-Term Bond Funds |
| Income Fund (FOINX) | Out of 1,018 Intermediate-Term Bond Funds |
* Overall Morningstar Rating as of 12/31/11
See the full list of our funds
Morningstar proprietary ratings reflect risk-adjusted performance through 12/31/11. The ratings are subject to change every month. Morningstar ratings are calculated from the funds' 3, 5 and 10-year returns (as applicable), with fee adjustments in excess of 90-day Treasury bill returns, and a risk factor that reflects fund performance below 90-day T-Bill returns. The top 10% of the funds in a rating universe receive 5-stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star.
As of December 31, 2011, the Core Equity Fund received the following star ratings among Large Blend funds for the following time periods: 2 stars (out of 1,580) for the three-year, 3 stars (out of 1,376) for the five-year and 4 stars (out of 817) for the ten-year time periods. The Small Company Fund received the following star ratings among Small Blend funds for the following time periods: 4 stars (out of 580) for the three-year, 5 stars (out of 485) for the five-year and 4 stars (out of 296) for the ten-year time periods. The Balanced Fund received the following star ratings among Moderate Allocation funds for the following time periods: 5 stars (out of 843) for the three-year, 5 stars (out of 736) for the five-year and 5 stars (out of 393) for the ten-year periods. The Growth Opportunities Fund received the following star ratings among Mid-Cap Growth funds for the following time periods: 3 stars (out of 659) for the three-year, 4 stars (out of 596) for the five-year and 4 stars (out of 411) for the ten-year time periods. The Short/Intermediate Bond Fund received the following star ratings among Short-Term Bond funds for the following time periods: 3 stars (out of 353) for the three-year, 4 stars (out of 322) for the five-year and 4 stars (out of 179) for the ten-year time periods. The Income Fund received the following star ratings among Intermediate -Term Bond funds for the following time periods: 3 stars (out of 1,018) for the three-year, 3 stars (out of 873) for the five-year and 2 stars (out of 582) for the ten-year periods.
Mutual Fund Performance
The Tributary Funds goal is to provide individuals, corporations and institutions with above average returns with below average risk. We feel we are located in the region of the country known for its sensible investors and tax sensitivity, we answer to a higher standard. Our long term vision and no nonsense strategies, allow us to be deliberate with our guidance and swift in our vision.
Tributary - as defined in the dictionary is "a stream that flows to a larger stream or other body of water." This word conjures up images of forward motion, momentum and success. Our mutual fund complex is one that is built on the "best of the best" belief. Together, our team of advisors and sub-advisors has greater success by pooling our resources together. The synergies gained benefit the shareholders of this fund complex!
At the end of the day, it is the same people who are running your funds. We are just renewing our focus and setting the stage for the future with our new name.