Segall Bryant & Hamill Municipal Opportunities Fund
Earns Best-In-Class Refinitiv Lipper Fund Award
Earns Best-In-Class Refinitiv Lipper Fund Award
Chicago, IL, March 10, 2022 / PRNewswire/ – Segall Bryant & Hamill announced today that the Segall Bryant & Hamill Municipal Opportunities Fund, Institutional class (WITAX) received a Refinitiv Lipper Fund Award in 2022 for best Intermediate Municipal Debt Fund for the three-year period ending 12/31/21.1
The annual Refinitiv Lipper Fund Awards recognize funds and fund management firms that excel in consistent strong risk-adjusted performance relative to their peers.
“We are very proud to receive this honor and pleased that Lipper has recognized the performance of the Segall Bryant & Hamill Municipal Opportunities Fund particularly during this most recent period of unprecedented market volatility” said Philip Hildebrandt, CEO of Segall Bryant & Hamill. “We believe this award recognizes our ability to deliver consistent investment results across market cycles and affirms our commitment to strengthening the financial future of our clients and shareholders.”
The Segall Bryant & Hamill Municipal Opportunities Fund, which seeks income exempt from federal income taxes, recently celebrated its fifth anniversary with a Morningstar percentile ranking of 12 and an overall five-star rating as of 12/31/213. Learn more about the Segall Bryant & Hamill Municipal Opportunities Fund here.
About Segall Bryant & Hamill
Established in 1994, Segall Bryant & Hamill is an investment firm headquartered in Chicago, with offices in Denver, St. Louis, Philadelphia, and Naples, Florida. SBH offers a range of investment strategies and customized solutions for institutional, advisor, and wealth management clients, including domestic, international, and global equity; fixed income; and alternatives. SBH is a wholly owned subsidiary of CI Financial, an independent Canadian investment firm.
About Refinitiv Lipper Fund Awards
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com
Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper. The Lipper Fund Awards Methodology: The merit of the winners is based on objective, quantitative criteria. The influential and prestigious Refinitiv Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return. Individual classifications of three, five, and 10-year periods, as well as fund families with high average scores for the three-year period, are also recognized. The awards are based on Refinitiv Lipper’s proven proprietary methodology, which can be viewed here: Methodology | Refinitiv Lipper Fund Awards
1SBH did not pay for participation in this ranking.
2Percentile ranking of 1 out of 231 funds in the Municipal National Intermediate Bond category, based on risk-adjusted return, as of 12/31/21 for the five-year period, and a percentile ranking of 6 out of 270 funds in the Municipal National Intermediate Bond category, based on risk-adjusted return, as of 12/31/21 for the three-year period. Ranking disclosure: rank in category is the fund’s total-return percentile rank relative to all funds that have the same Morningstar category. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The top-performing fund in a category will always receive a rank of 1.
3Overall 5-star rating out of 270 funds in the Municipal National Intermediate Bond category, based on risk-adjusted return, as of 12/31/21.
Please consider the Fund’s investment objectives, risks, charges, and expenses carefully before investing. The prospectus that contains this and other information about the Fund is available by calling (800) 392-2673 or visiting www.sbhfunds.com and should be read carefully before investing. The funds of the Segall Bryant & Hamill Trust are distributed by Ultimus Fund Distributors, LLC.
Gross Expense Ratio: Retail Class 0.80%, Institutional Class 0.62%
The Adviser has contractually agreed until 4/30/22, to waive the investment advisory and/or administration fees and/or to reimburse other expenses to be no more than 0.65% and 0.50% for the Fund’s Retail Class and Institutional Class, respectively, for such period.
Returns shown for less than one year are cumulative. MRQ=Most Recent Quarter. Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by visiting www.sbhfunds.com or by calling (800) 392-2673.
Important Risk Information: An investment in the Funds involves risk, including possible loss of principal. The principal risks of investing in Funds include extension risk, indirect foreign exposure risk, market risk, portfolio management risk, and prepayment risk. The market value of a security or instrument may decline due to general market conditions that are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. Municipal Securities Risk: Municipal bond fund income may be subject to state and local income taxes and the alternative minimum tax. Capital gains, if any, will be subject to capital gains tax. Investments in municipal bonds are subject to interest rate risk, or the risk that the bonds will decline in value because of changes in market interest rates. Municipal bonds are also subject to call risk, credit risk, liquidity risk, below investment grade securities risk, and interest rate futures risk.
© 2022 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. As of 12/31/21, WTTAX (Retail Class) in the Muni National Intermediate Bond category for the three-year period received 5 stars among 270 funds and for the five-year period received 5 stars among 231 funds. As of 12/31/21, WITAX (Institutional Class) in the Muni National Intermediate Bond category for the three-year period received 5 stars among 270 funds and for the five year period received 5 stars among 231 funds. The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category 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. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall rating formula seems to give the most weight to the 10-year period, the most recent three-year period has the greatest impact because it is included in all three rating periods.