CM Advisers Fixed Income  CMFIX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Multisector Bond Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   5.50 Yrs
   Avg Credit Quality
   BBB
As of 2009-10-31
Day Change
$ 0.00
  
NAV (2009-11-20)
$ 11.08
  
YTD Return % (2009-11-20)
14.11%
  
Total Assets ($ mil)
38
View Data Definitions
  Performance    
Growth of $10,000 Fund: CM Advisers Fixed Income
(from 2006-03-24 to 2009-10-31) Category: Multisector Bond
Index: BarCap US Agg Bond TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2006-03-24 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 14.11 19.39 7.23 --- --- 8.88
+/- Category -10.79 -7.78 3.08 --- --- ---
+/- BarCap US Agg Bond TR USD 7.20 6.90 0.78 --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 11.95 13.91 7.66 --- --- 8.93
Month-End (as of 2009-10-31) 12.56 24.38 7.39 --- --- 8.88
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 20.08 4.92 --- --- ---
On Distribution & Sale of Shares --- 15.62 4.77 --- --- ---
Morningstar Rating --- --- --- --- ---
# of compared funds covered (3 yrs : out of 164 funds), (5 yrs : out of funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is 1.00%.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus 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 data quoted herein.
  Portfolio Profile    
Sector Breakdown %
US Government 4.97
US Treasuries 4.97
TIPS 0.00
US Agency 0.00
Mortgage 0.00
Mortgage Pass-Thru 0.00
Mortgage CMO 0.00
Mortgage ARM 0.00
Credit 59.08
US Corporate 59.08
Asset-Backed 0.00
Convertible 0.00
Municipal 0.00
Corporate Inflation-Protected 0.00
Foreign 2.60
Foreign Corp 2.60
Foreign Govt 0.00
Cash 33.34
Bond Quality % of Bonds
AAA 8.1
AA 3.8
A 22.8
BBB 33.2
BB 1.3
B 1.5
Below B 0.0
Not Rated 29.4
 
Asset Allocation
% of Net Assets
Cash 33.3
Stocks 0.0
Bonds 66.7
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-10-31 Data through 2009-10-31
 
Holding Status
Total Number of Stock Holdings Turnover % 37
Total Number of Bond Holdings 62 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 20.00 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Evergreen Institutional Treasury MMkt I --- 12,303 12,303 33.32
Amer Express 7% 2018-03-19 800 884 2.39
Unitedhealth Grp 6% 2018-02-15 800 839 2.27
United States Treas Bds 4.5% 2038-05-15 800 836 2.26
Alcoa 5.72% 2019-02-23 800 768 2.08
Cytec Inds 8.95% 2017-07-01 650 761 2.06
Estee Lauder Cos 6% 2037-05-15 700 696 1.89
Weyerhaeuser 7.375% 2032-03-15 730 670 1.81
Coca Cola 5.35% 2017-11-15 600 652 1.77
Western Un 5.93% 2016-10-01 600 647 1.75
Data through 2009-10-31
  Other Information
Fund Inception: 2006-03-24
Portfolio Manager  (Start Date)
Thomas W. Siderewicz  (2006-03-24)
Siderewicz is a research analyst and trader at Van Den Berg Management. He has been employed by the firm since 2000. Siderewicz has more than 15 years of investment management and financial analysis experience. Siderewicz holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-08-31)
Front: None
Deferred: None
Expense Ratio % 1.50
based on net assets
(taken from annual report dated 2009-02-28)
Correspondence Information
805 Las Cimas Parkway
Suite 430
Austin,  TX  78746
United States
Telephone:
888-859-5856
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.