AWARDS & ACHIEVEMENTS:
Morningstar Ranked Stamper Capital Managed Fund:
Top Municipal Short Performer: Number One for 10 years ending 06-30-05
In Morningstar's Short-Term Municipal Bond Fund Category
Evergreen Strategic Municipal Bond Fund, A-Share Version
(Clark Stamper, Portfolio Manager Since June 1990)
First out of 44 Short-term Municipal Bond Funds, Category Avg. Return +3.75%
Our A-share return was 4.64%, 7.14% pre-tax equivalent
Morningstar calls the Municipal Bond Fund Stamper Capital manages "one of it's favorites" on eight occasions:
April 17, 2003: "Our Favorite Short-Term Muni-Bond funds"
Dec.
15, 2002: "Our
Favorite Short-Term Muni-Bond funds"
Nov. 19, 2002:
"Our Favorite Short-Term Muni-Bond
funds"
Aug. 1, 2002:
"Our Favorite Muni Short
Funds"
Feb. 20, 2002:
"Our
Favorite Muni Short Funds"
Sept. 20, 2001:
"Our
Favorite
Muni Short
Funds"
Feb. 1, 2001:
"Our Favorite
Muni Short Funds"
Dec. 29, 1999:
"The Pick of
the Muni-Short Category"
Top
Performing Fund For Decade (Ten Years Ending
12-31-2000)
In Morningstar's
Short-Term Municipal Bond Fund Category
Evergreen High Income Municipal Bond Fund, B-Share Version
(Clark Stamper, Portfolio Manager Since June 1990)
First out of 16 Short-term Municipal Bond Funds, Category Avg. Return: +4.97%
B Share return 5.81%,
Our A share estimate= 5.81 + .80 = 6.61% or 10.77%
pre-tax
equivalent
Lipper Analytical
has recognized Stamper Capital
as a
top manager on several occasions:
Lipper Rankings
General Municipal Bond Funds
Period Ending September 30, 2008
|
PERIOD |
Stamper Capital sub-advised Fund RANK |
NUMBER OF COMPETITORS | CATEGORY AVG. TOTAL RETURN | Stamper Capital managed Fund TOTAL RETURNS | Fund PRE-TAX EQUIVALENT TOTAL RETURNS | Stamper Capital managed Fund Share Class |
| 1 Month | 1st | 246 | - 5.38% | - 1.16% | - 1.78% | I |
| 1 Year | 4th | 232 | - 4.83% | + 1.75% | 2.69% | I |
| 3 Years | 1st | 213 | 0.32% | 3.04% | 4.68% | I |
| 5 Years | 5th | 204 | 1.73% | 3.13% | 4.82% | I |
| 10 Years | 29th | 149 | 2.98% | 3.60% | 5.53% | I |
The pre-tax equivalents are based on the highest federal tax bracket of 35%.
Top Municipal Bond Fund in Lipper General Municipal Bond Fund Category: Below, we are ranked 1st for February 2008 which was the worst month in municipal bonds in 30 years. Above, you can see we are ranked 1st in September 2008 which was even a tougher month than February 2008. Yes, those are rather large negative numbers for the average fund in the category for the one month and also for the one year (twelve months) and the category average for three years is a slight positive. So you can see we have done very well versus this peer group in this very tough market.
Lipper Rankings
General Municipal Bond Funds
Period Ending February 29, 2008
|
PERIOD |
Stamper Capital sub-advised Fund RANK |
NUMBER OF COMPETITORS | CATEGORY AVG. TOTAL RETURN | Stamper Capital managed Fund TOTAL RETURNS | Fund PRE-TAX EQUIVALENT TOTAL RETURNS | Stamper Capital managed Fund Share Class |
| 1 Month | 1st | 249 | - 4.94% | - 0.82% | - 1.26% | I |
| 1 Year | 5th | 236 | - 3.59% | + 2.45% | 3.77% | I |
| 3 Years | 4th | 219 | 1.39% | 3.25% | 5.00% | I |
| 5 Years | 32nd | 210 | 2.51% | 3.23% | 4.97% | I |
| 10 Years | 49th | 146 | 3.56% | 3.85% | 5.92% | I |
The pre-tax equivalents are based on the highest federal tax bracket of 35%.
Best Performing Municipal Bond Fund: Yes, that is a negative 4.94% for the category average. According to Morningstar and Lehman Bros. , February 2008 was the worst month for the muni market in over 30 years. We were ranked number one with a negative return of just 0.82% - so we lost 6x less than the average fund in Lipper's General Municipal Bond Fund Category!
Yes, we beat the category average by 6.04 percentage points for the one year period (our +2.45 plus the 3.59 the category average lost = 6.04).
(Note: The chart's rankings are absolute, not percentile, so our ten year rank is 49th of 146 competitors or at the 34 percentile, for example.)
More Lipper Awards:
1st - High Yield Municipal Category, +4.11% Annual
Return - 1999-2001
56 High Yield Funds, Category Average Return:
+1.47%, 3 year period
1st
- High Yield Municipal
Category, +9.57% Annual Return - 2000
67 High Yield Funds, Category Average Return: +3.56%, 1 year period
1st - High Yield Municipal
Category, +2.29% Annual Return - 1994
41 High Yield Funds, Category Average Return: -4.99%, 1 year period
1st - Taxable Fixed Income $25-50 Million Category - 1992
Stamper Capital & Investments, Inc. provides portfolio management services exclusively for institutional and high net worth accounts and does does not sell the mutual funds for which it is a sub-adviser. Also, please note: purchasers of mutual funds must receive a copy of a particular mutual fund's prospectus before a purchase is made.
Stamper Capital & Investments, Inc. has been the sub-adviser to this Fund since October 1995 and B. Clark Stamper, our President, has been its Portfolio Manager since June 1990.
Past performance does not guarantee future results, and current performance may be higher or lower than the performance data quoted. Investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost.
Returns - Figures quoted are total returns calculated for the share class and time periods shown. Performance includes the reinvestment of income dividends and capital gains distributions. Performance does not reflect the deduction of taxes that a shareholder would pay on a fund distribution or the redemption of fund shares. Please go to Morningstar's and/or Lipper's websites for more information.
Please see the our Disclaimer link on the bottom left of this page for more information about risk and return.