Investing for the long term?

Think Tributary Funds

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.

Overall Morningstar Rating as of 12/31/2021
Fund Morningstar Category
Growth Opportunities Fund
Out of 538 Mid-Cap Growth Funds
Small Company Fund
Out of 596 Small Blend Funds
Small/Mid Cap Fund Unassigned Mid Blend Funds
Balanced Fund
Out of 665 Allocation - 50% to 70% Equity Funds
Income Fund
Out of 386 Intermediate Core Bond Funds
Nebraska Tax-Free Fund
Out of 152 Muni Single State Interm Funds
Short-Intermediate Bond Fund
Out of 557 Short-Term Bond Funds

About Tributary Funds

In our twenty year history, the Tributary Funds have grown and adapted to keep pace with the changing needs of our shareholders. We offer a range of mutual funds including domestic equity, fixed income and balanced to individuals and institutions.

We are deeply appreciative of the trust our clients place in the Tributary Funds and don't take this tremendous responsibility lightly. The Funds are advised by Tributary Capital Management, a firm deep in talent and tenure, with the investment team having an average of nearly twenty years of investment experience. The President has spent the last 17 years working with the Firm and its predecessor. He has over 20 years of industry experience, which provides the consistent and steady guidance necessary to stay true to our philosophy, even in times of market disruption.


Morningstar proprietary ratings reflect risk-adjusted performance through 12/31/2021. 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, 2021, the Small Company Fund received the following star ratings among Small Blend funds for the following time periods: 3 stars (out of 596) for the three-year, 3 stars (out of 528) for the five-year and 3 stars (out of 352) for the ten-year time periods. The Balanced Fund received the following star ratings among Allocation – 50% to 70% Equity funds for the following time periods: 4 stars (out of 665) for the three-year, 4 stars (out of 601) for the five-year and 4 stars (out of 433) for the ten-year periods. The Growth Opportunities Fund received the following star ratings among Mid-Cap Growth funds for the following time periods: 2 stars (out of 538) for the three-year, 2 stars (out of 491) for the five-year and 3 stars (out of 380) 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: 2 stars (out of 557) for the three-year, 3 stars (out of 478) for the five-year and 3 stars (out of 315) for the ten-year time periods. The Income Fund received the following star ratings among Intermediate Core Bond funds for the following time periods: 2 stars (out of 386) for the three-year, 3 stars (out of 348) for the five-year and 3 stars (out of 253) for the ten-year periods. The Nebraska Tax-Free Fund received the following star rating among the Muni Single State Intermediate Funds: 3 stars (out of 152) for the three-year, 3 stars (out of 139) for the five-year, the Fund is not yet ranked for any other time periods.

Past Performance is no guarantee of future results.




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