AWARDS AND RECOGNITION

Pugh Capital receives the 2011 Fixed Income Manager of the Year award by Emerging Manager Monthly. The award is based on performance and growth in assets under management for the firm's Core Fixed Income product.

Pugh Capital is featured on the Black Enterprise 2008 BE 100s list as the 13th largest African-American owned asset management firm in the nation based on sales revenue.









The awards and recognition are not indicative of Pugh Capital's future performance and should not be viewed as an endorsement or relied upon for investment decisions. They may not be representative of all clients' experience because they are determined based on specific criteria. Pugh Capital has neither paid any fees nor been involved in the determination of the awards and recognition.

Pugh Capital Management, Inc. 520 Pike Street, Suite 2900, Seattle, WA 98101  Phone 206-322-4985 Fax 206-322-3025
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