Refinitiv Lipper Best Fund over 3 years

Mixed-Asset Target Allocation Growth Fund

Wisconsin Plumb Balanced Fund named

Wisconsin Plumb Balanced Fund ranked #1 out of 118 funds in this category on 3/1/2020.
Based on historical risk-adjected returns.

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The fund with the highest Refinitiv Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information,
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Who’s driving it? Who’s enabling it?
Who's benefiting?

innovations in


that may drive opportunities

Tom Plumb talks about

how we pay,

not what we buy,

that matters.

In our opinion, it's

The Plumb Funds invest in companies we believe are innovators with the potential to disrupt entire sectors. We look for companies poised to benefit from the change, and over the long term, yield a recurring revenue growth stream and profitability.



Overall, among 1237 Large Growth Funds Category, based on risk-adjusted returns as of 06/30/2020.



Overall, among 636 Allocation-50% to 70% Equity Funds Category, based on risk-adjusted returns as of 06/30/2020.


Plumb Balanced Fund (Inv)35.60$0.40
Plumb Equity Fund (Inv)32.71$0.53
Plumb Balanced Fund (Inst)35.61$0.39
Plumb Equity Fund (Inst)32.73$0.54
Closing Price (NAV) as of 9/22/2020  



The digitization of how we pay for goods and services today has presented the Plumb Funds with an exciting theme in our portfolios. We’re far more intrigued with how people pay than with where they buy or what they are buying. We dig deep into what companies are benefiting from secular changes – what payment systems are leading the pack, who are the processing and security companies behind the scenes and what countries across the globe are making inroads.

As of 06/30/2020, Morningstar rated the Funds as follows: Equity Fund 3, 3, 3 and 2 stars for Overall, 3, 5, and 10 years among 1237, 1237, 1084 and 809 Large Growth Funds; Balanced Fund 5, 5, 5 and 4 stars for Overall, 3, 5 and 10 years among 636, 636, 558 and 412 Allocation-50%to 70% Equity Funds based on risk adjusted returns. The Morningstar RatingTM for funds, or “star rating”, is calculated for 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 star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

The Morningstar Rankings represent a fund’s total-return rank relative to all funds that have the same Morningstar Category. The highest percentile rank is 1 and the lowest is 100. It is based on Morningstar total return, which includes both income and capital gains or losses and is not adjusted for sales charges or redemption fees.

© 2020 Morningstar, Inc. 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.