Morningstar:
Morningstar Ranked Stamper Capital Managed Fund:
Top Municipal Short Performer: Number One for 10 years ending 06-30-05
Morningstar calls the Municipal Bond Fund Stamper Capital manages “one of its 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:
Lipper Analytical has recognized Stamper Capital as a top manager on several occasions:
Lipper RankingsGeneral Municipal Bond Funds I-Share Class, VMPYX Period Ending September 30, 2008
| PERIOD | Stamper Capital Sub-Advised Fund Rank | Number of Competitors | Category Average Total Return | SCI Managed Fund Total Returns | SCI Managed Fund Pre-Tax Equivalent |
| 1-Month | 1st | 246 | -5.38% | -1.16% | -1.78% |
| 1-Year | 4th | 232 | -4.83% | +1.75% | 2.69% |
| 3-Years | 1st | 213 | 0.32% | 3.04% | 4.68% |
| 5-Years | 5th | 204 | 1.73% | 3.13% | 4.82% |
| 10-Years | 29th | 149 | 2.98% | 3.60% | 5.53% |
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 I-Share Class, VMPYX Period Ending February 29, 2008
| PERIOD | Stamper Capital Sub-Advised Fund Rank | Number of Competitors | Category Average Total Return | SCI Managed Fund Total Returns | SCI Managed Fund Pre-Tax Equivalent |
| 1-Month | 1st | 249 | -4.94% | -0.82% | -1.26% |
| 1-Year | 5th | 236 | -3.59% | 2.45% | 3.77% |
| 3-Years | 4th | 219 | 1.39% | 3.25% | 5.00% |
| 5-Years | 32nd | 210 | 2.51% | 3.23% | 4.97% |
| 10-Years | 49th | 146 | 3.56% | 3.85% | 5.92% |
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
Please Contact Us if you would like more information about Stamper Capital & Investments, Inc. Separately Managed Accounts.