] 130/30 funds are headed for liquidation. The board of trustees of the RidgeWorth Funds last week greenlighted the closing of RidgeWorth International Equity 130/30
, Real Estate 130/30
and U.S. Equity 130/30
funds. The liquidation will be completed "on or around May 31, 2011."
The International Equity 130/30 fund has AUM of $130 million, the Real Estate 130/30 fund has $12.3 million and the U.S. Equity 130/30 fund has $14.1 million, according to Morningstar.
Armie Margaret Lee
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