Awards

Morningstar:
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 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 Rankings
General 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%
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
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%
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

 

Please Contact Us if you would like more information about Stamper Capital & Investments, Inc. Separately Managed Accounts.

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Stamper Capital & Investments, Inc.
Fee-Based Municipal Bond Experts for Over 25 Years