RidgeWorth Highlights Value of Short-Term Bonds in White Paper

ATLANTA, March 17 /PRNewswire/ -- RidgeWorth Investments announced today that it has published a white paper highlighting that for more than 30 years short-term bonds have offered a much better risk-adjusted return than long-term bonds.  "Many bond investors are aware that moving from short bonds to long bonds has allowed them to capture more income. What they may not know is that short bonds captured 75% or more of the returns of long bonds most periods and that the Sharpe Ratio for short bonds was much higher than long bonds," says Chad Stephens, portfolio manager for the RidgeWorth U.S. Government Securities Ultra-Short Bond Fund.

The white paper, entitled "Time to Invest in Short-Term Bonds?", reviews short-term bonds' historical performance and volatility relative to long-term bonds, evaluates current market conditions that may favor short-term bonds and examines the risk/reward trade-offs between short-term bonds and long-term bonds.  Key findings were that short-term bonds offered:

1. Less downside risk relative to long-term bonds
2. Solid long-term performance(1)
3. Attractive risk/reward trade-off
4. Compelling investment opportunity created by current market environment
5. Incremental yield for investors with excess cash

This paper is the latest in a series that RidgeWorth has developed to educate advisors and investors about style classes that it believes are generally overlooked.  Earlier this month, RidgeWorth launched the addmidcap.com microsite and white paper to outline the benefits of mid-caps.

About RidgeWorth Investments

RidgeWorth Investments serves as a holding company that owns interests in eight investment boutiques with approximately $63 billion of assets under management as of December 31, 2009. RidgeWorth's investment boutiques manage a wide variety of investment disciplines across the fixed income, equity, and liquidity management asset classes. Our boutiques provide investment management services to a growing client base that includes endowments, foundations, corporations, healthcare organizations, municipalities, public funds, associations, insurance companies, labor unions and high net worth individuals. In addition, RidgeWorth serves as the investment adviser to the RidgeWorth Funds mutual fund family. RidgeWorth Investments is a trade name for RidgeWorth Capital Management, Inc., an investment adviser registered with the SEC headquartered in Atlanta. For more information about RidgeWorth, visit www.ridgeworth.com.

An investor should consider the fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the RidgeWorth Funds can be found in the fund's prospectus. To obtain a prospectus, please call 888-784-3863 or visit www.ridgeworth.com. Please read the prospectus carefully before investing. Mutual fund investing involves risk, including possible loss of principal.

(1) Past performance is not a guarantee of future results.

Bonds offer a relatively stable level of income, although bond prices will fluctuate providing the potential for principal gain or loss. Intermediate-term, higher-quality bonds generally offer less risk than longer-term bonds and a lower rate of return.

Sharpe Ratio is a risk-adjusted measure that is calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe Ratio, the better the fund's historical risk-adjusted performance.

®2010 RidgeWorth Funds. RidgeWorth Funds are distributed by RidgeWorth Distributors LLC. RidgeWorth Investments is the trade name for RidgeWorth Capital Management, Inc., the adviser to the RidgeWorth Funds, and is not affiliated with the distributor. 

NOT FDIC INSURED  -- NO BANK GUARANTEE -- MAY LOSE VALUE

SOURCE RidgeWorth Investments

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