Plumb Equity Investor Fund PLBEX

Best Mutual Funds 2021, March 22, 2021.

Investor's Business Daily Awards

Funds names to IBD’s list were chosen because they have outperformed their benchmark index over the past 1, 3, 5, and 10-year periods, as of 12/31/20, this list highlights the best large-cap funds to consider now, based on each fund outperforming the S&P 500 over the last one-, three-, five- and 10-year periods. Shaded cells indicate the best-of-the-best funds based on 10-year performance. Of 700 large-cap funds at least 10 years old, 184 pf them, or 26%, won awards. In order to make the list, funds must have outperformed in all four time periods. Among funds at least 10 years old, that’s a feat only 25% of funds can claim. IBD compared the performance of 3.525 funds that have been around for at least 10 years and found that 877 beat their benchmark index in those four periods. Funds in 12 categories qualified, including growth stock mutual funds, small-cap funds, bond funds and index funds. No value funds met the performance criteria. Past Performance Does Not Guarantee Future Results.

To view IBD’s complete list and analysis of the Best Mutual Funds 2021, please visit. https://www.investors.com/etfs-and-funds/mutual-funds/best-mutual-funds-beating-sp-500-over-last-1-3-5-10-years/ and https://www.investors.com/etfs-amd-funds/mutual-funds/best-mutual-funds-awards-2021-best-large-cap-funds/

2021 Refinitiv Lipper Best Fund over 5 years

Mixed-Asset Target Allocation Growth Fund

Wisconsin Plumb Balanced Fund named

Wisconsin Plumb Balanced Fund, Investor ranked No. 1 out of 113 similar funds based on consistent risk-adjusted return
over the five years ending November 30, 2020. Past performance does not guarantee future results.

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 Refinitiv 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 Refinitiv Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information,
see www.lipperfundawards.com. Although Refinitiv makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv.
© 2021 Refinitiv. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content
without express written permission is prohibited.


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 1092 Large Growth Funds Category, based on risk-adjusted returns as of 06/30/2024.



Overall, among 689 Allocation-50-70% Equity Funds Category, based on risk-adjusted returns as of 06/30/2024.


Plumb Balanced Fund (A)39.57$0.02
Plumb Equity Fund (A)31.28$-0.04
Plumb Balanced Fund (Inv)39.73$0.02
Plumb Equity Fund (Inv)31.28$-0.05
Plumb Balanced Fund (Inst)39.66$0.01
Plumb Equity Fund (Inst)31.51$-0.05
Closing Price (NAV) as of 7/16/2024  



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 06/30/2024, Morningstar rated the Funds as follows: Equity Fund 2, 2, 1, 2 for Overall, 3, 5, and 10 years among 1092, 1092, 1019, and 794 Large Growth Funds; Balanced Fund 4, 3, 3 and 4 for Overall, 3, 5 and 10 years among 689, 689, 649 and 493 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.

© 2023 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.

Mutual fund investing involves risk. Principal loss is possible.

The Funds may invest in smaller companies, which involve additional risks such as limited liquidity and greater volatility. The Funds may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. Growth stocks typically are more volatile than value stocks; however, value stocks have a lower expected growth rate in earnings and sales. Temporary Defensive Positions: Under adverse market conditions the Fund could invest a substantial portion of its assets in US Treasury securities and money market securities which could reduce the benefit from any upswing in the markets.

The Plumb Balanced Fund will invest in debt securities, which typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Investments in Asset Backed and Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. The Fund may engage in short-term trading, which could produce higher transaction costs and taxable distributions and lower the fund’s after-tax performance.

Diversification does not assure a profit nor protect against loss in a declining market.

Investment performance reflects fee waivers. In the absence of these waivers, returns would be reduced.

Any tax or legal information provided isn’t an exhaustive interpretation of some of the current income tax regulations. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.

References to other mutual fund products should not be interpreted as offers of those securities.

The Funds' investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other information about the Funds. You may obtain a free hard-copy version by calling 1-866.987.7888 or you may download a prospectus here. Read it carefully before investing.

The Plumb Funds are distributed by Quasar Distributors, LLC.

Wisconsin Capital Management, the advisor to the funds, is a registered investment advisory firm based in Madison, Wisconsin, founded in 1984. Plumb Funds is a registered trademark of Wisconsin Capital Funds, Inc.