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CIK0001395397:C000221189Member CIK0001395397:SAndP500IndexMember 2016-01-01 2025-12-31 0001395397 CIK0001395397:C000221189Member CIK0001395397:MSCIEAFEIndexMember 2025-01-01 2025-12-31 0001395397 CIK0001395397:C000221189Member CIK0001395397:MSCIEAFEIndexMember 2021-01-01 2025-12-31 0001395397 CIK0001395397:C000221189Member CIK0001395397:MSCIEAFEIndexMember 2016-01-01 2025-12-31 0001395397 CIK0001395397:C000221189Member CIK0001395397:BlendedBenchmarkMember 2025-01-01 2025-12-31 0001395397 CIK0001395397:C000221189Member CIK0001395397:BlendedBenchmarkMember 2021-01-01 2025-12-31 0001395397 CIK0001395397:C000221189Member CIK0001395397:BlendedBenchmarkMember 2016-01-01 2025-12-31 0001395397 CIK0001395397:C000221189Member 2026-07-29 2026-07-29 iso4217:USD pure false 485BPOS 0001395397 2020-06-30 2022-06-30 2020-06-30 2022-06-30 2026-07-29 N-1A WISCONSIN CAPITAL FUNDS, INC. 2026-07-29 PLUMB BALANCED FUND Investment Objective <p id="xdx_A86_eoef--ObjectivePrimaryTextBlock_zo6qpyaVndV" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">The Plumb Balanced Fund (the “Balanced Fund”) seeks a high total return through capital appreciation while attempting to preserve principal, and secondarily seeks current income.</p> Fees and Expenses of the Plumb Balanced Fund <p id="xdx_A88_eoef--ExpenseNarrativeTextBlock_zYn8qkjiHxA9" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Balanced Fund. <b>You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.</b></p> <div id="xdx_A88_eoef--ShareholderFeesTableTextBlock_zTLjlpSZ24Lf"></div> <table cellpadding="0" cellspacing="0" id="xdx_A51_dU_zKRlchGsVxkf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Shareholder Fees"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Shareholder Fees<br/>(fees paid directly from your investment)</td> <td style="padding-bottom: 1pt; text-align: center; color: #141213; font-weight: bold; width: 1%"> </td> <td id="xdx_499_20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member__oef--ClassAxis__custom--C000049545Member_z00xJidZGxNd" style="border-bottom: Black 1pt solid; color: #141213; font-weight: bold; text-align: center; width: 10%">Investor Shares</td> <td style="width: 1%"> </td> <td style="padding-bottom: 1pt; text-align: center; color: #141213; font-weight: bold; width: 1%"> </td> <td id="xdx_491_20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member__oef--ClassAxis__custom--C000221188Member_zuR6FMoLL4Dd" style="border-bottom: Black 1pt solid; color: #141213; font-weight: bold; text-align: center; width: 10%">Institutional Shares</td></tr> <tr id="xdx_40D_eoef--MaximumSalesChargeImposedOnPurchasesOverOfferingPrice_dpn_zIEra9yk9hd7" style="vertical-align: bottom"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_40A_eoef--MaximumDeferredSalesChargeOverOther_dpn_z8rg3O2uCKdl" style="vertical-align: bottom"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Maximum Deferred Sales Charge (Load) (as a percentage of the amount redeemed)</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_40A_eoef--MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther_dpn_zFxm9j771CH5" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Maximum Sales Charge (Load) Imposed on Reinvested Dividends/Distributions</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_40D_eoef--RedemptionFeeOverRedemption_dn_zsXKPpUCbvE4" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Redemption Fee (exclusive of wire transfer charges of $15.00, if applicable)</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_406_eoef--ExchangeFeeOverRedemption_dpn_z4GfxX0lxHC2" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Exchange Fee</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: center"> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> </table> <p style="margin: 0"></p> 0 0 0 0 0 0 0 0 0 0 <div id="xdx_A89_eoef--AnnualFundOperatingExpensesTableTextBlock_zDLp004n5iRd"></div> <table cellpadding="0" cellspacing="0" id="xdx_A50_dU_zQUpKknmsE15" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Annual Fund Operating Expenses"> <tr style="vertical-align: bottom"> <td style="color: #141213; font-weight: bold; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</td> <td> </td> <td id="xdx_499_20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member__oef--ClassAxis__custom--C000049545Member_zdvfB3XXE3B9" style="text-align: center"> </td> <td> </td> <td> </td> <td id="xdx_491_20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member__oef--ClassAxis__custom--C000221188Member_zxgkXkS0Eica" style="text-align: center"> </td></tr> <tr id="xdx_406_eoef--ManagementFeesOverAssets_dpn_zzOoradP7fki" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Management Fees</td> <td style="width: 1%"> </td> <td style="width: 10%; text-align: center">0.65%</td> <td style="width: 1%"> </td> <td style="width: 1%; color: #141213"> </td> <td style="width: 10%; color: #141213; text-align: center">0.65%</td></tr> <tr id="xdx_402_eoef--DistributionAndService12b1FeesOverAssets_dpn_zhtdNQnEoG27" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Distribution (12b-1) Fees</td> <td> </td> <td style="text-align: center">0.25%</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_409_eoef--Component1OtherExpensesOverAssets_dpn_zjlgMOeuO85l" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -0.125in; padding-left: 0.125in">Other Expenses</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">0.64%</td> <td> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">0.64%</td></tr> <tr id="xdx_406_eoef--ExpensesOverAssets_dpn_zkcSabiEpkFi" style="vertical-align: bottom"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Total Annual Fund Operating Expenses</td> <td> </td> <td style="text-align: center">1.54%</td> <td> </td> <td> </td> <td style="text-align: center">1.29%</td></tr> <tr id="xdx_400_eoef--FeeWaiverOrReimbursementOverAssets_dpn_z6NhxW1u1Dx7" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -0.125in; padding-left: 0.125in">Fee Waivers and Expense Reimbursements<sup id="xdx_F40_zPTd03Bboaxh">(1)</sup> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">(0.10)%</td> <td> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">(0.10)%</td></tr> <tr id="xdx_400_eoef--NetExpensesOverAssets_dpn_z3Fgg6QzQbD3" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Total Annual Fund Operating Expenses After Fee Waivers and Expense Reimbursements</td> <td> </td> <td style="text-align: center">1.44%</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">1.19%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%; margin-left: 0; margin-right: auto"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="vertical-align: top; width: 0.25in; text-align: left"><span id="xdx_F0E_zOf2vsK94hf3">(1)</span></td> <td style="text-align: justify"><span id="xdx_F1E_zIYinC3JXpOi">The Funds’ Advisor, Wisconsin Capital Management, LLC (the “Advisor”), has contractually agreed, at least until <span id="xdx_908_eoef--FeeWaiverOrReimbursementOverAssetsDateOfTermination_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zVaNNKH4fivg">July 31, 2027</span> to waive fees and reimburse expenses of the Balanced Fund so as to cap its annual operating expense ratios (excluding Acquired Fund Fees and Expenses) at 1.44% of its average daily net assets for Investor Shares and 1.19% of its average daily net assets for Institutional Shares. This expense cap may not be terminated prior to this date except by the Board of Directors. For any year in which the Fund’s actual operating expense ratio is lower than the applicable cap, the Advisor may recoup any or all of the fees it has waived and/or the expenses it has reimbursed during the immediately preceding 36 months, provided the amount of recoupment in any year shall be limited so that it does not cause the Fund’s total operating expenses, after recoupment has been taken into account, to exceed the current cap or the applicable cap at the time of waiver for that year.</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0.0065 0.0065 0.0025 0 0.0064 0.0064 0.0154 0.0129 -0.0010 -0.0010 0.0144 0.0119 July 31, 2027 <p id="xdx_A86_eoef--ExpenseExampleNarrativeTextBlock_zfg7lu7R4yMf" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><b><span style="text-decoration: underline">Example</span>.</b> This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then hold or redeem (or sell) all of your shares at the end of those time periods. The example also assumes that your investment has a 5% return each year</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">and that the Fund’s operating expenses remain the same. With respect to the first year expense amount, this example reflects the effects of the contractual commitment that the Advisor has made to waive fees and reimburse expenses for the Fund at least until July 31, 2027. The assumed return does not represent actual or future performance, and your actual costs may be higher or lower. <span id="xdx_90C_eoef--ExpenseExampleByYearCaption_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_z4jSMtvC6RQ">However, based on these assumptions, your costs would be:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> However, based on these assumptions, your costs would be: <div id="xdx_A80_eoef--ExpenseExampleWithRedemptionTableTextBlock_zhUuY7DO3ool"></div> <table cellpadding="0" cellspacing="0" id="xdx_A5A_dU_zLsML7jxjHW4" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Expense Example"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" id="xdx_489_eoef--ExpenseExampleYear01_z7rAQ7vylBCb" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>1 Year</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" id="xdx_48B_eoef--ExpenseExampleYear03_zbifh89DB1Y1" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>3 Years</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" id="xdx_48E_eoef--ExpenseExampleYear05_zHxpBS011cLd" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>5 Years</b></td> <td style="padding-bottom: 0.5pt"> </td> <td style="padding-bottom: 0.5pt"> </td> <td colspan="2" id="xdx_483_eoef--ExpenseExampleYear10_zAuwzXlAQk0i" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>10 Years</b></td> <td style="padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_41E_20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member__oef--ClassAxis__custom--C000049545Member_z3Oj1BmrIHgk" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Investor Shares</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">147</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">477</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">830</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,826</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_415_20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member__oef--ClassAxis__custom--C000221188Member_zjgctNf9Vp85" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Institutional Shares</b></td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">121</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">399</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">698</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">1,548</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 147 477 830 1826 121 399 698 1548 <p id="xdx_A80_eoef--PortfolioTurnoverTextBlock_zYe6T5REzDtb" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><b><span style="text-decoration: underline">Portfolio Turnover</span>.</b> The Balanced Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was <span id="xdx_90B_eoef--PortfolioTurnoverRate_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zAQQvpkL8Yo5">29%</span> of the average value of its portfolio.</p> 0.29 Principal Investment Strategies of the Balanced Fund <p id="xdx_A80_eoef--StrategyNarrativeTextBlock_zuKxI20bOb9l" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">The Balanced Fund invests in a diversified portfolio of common stocks and fixed income securities. We select securities that, in our judgment, will result in the highest total return consistent with preservation of principal, and we vary the mix of common stocks and bonds from time to time. More than 50% of the Fund’s assets are normally invested in common stocks.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">To achieve a better risk-adjusted return on its equity investments, the Fund invests in many types of stocks, including a blend of large company stocks, small company stocks, growth stocks, and value stocks.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">We also normally invest at least 25% of the Fund’s assets in fixed income senior securities. The fixed income senior securities in which the Fund may invest include corporate bonds and other debt instruments, mortgage-related securities, asset-backed securities, debt securities issued or guaranteed by the U.S. Government (including its agencies and instrumentalities), municipal bonds, convertible debt securities, and preferred stock. The dollar-weighted average portfolio maturity of the fixed income securities held by the Fund will normally not exceed 10 years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">The Fund will also invest in foreign securities, including the securities of companies located in emerging market countries. <span id="xdx_900_eoef--StrategyPortfolioConcentration_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zvtGZEtDlUL5">The Fund will limit its investments in foreign securities, including in American Depositary Receipts (“ADRs”), to 15% of its total assets.</span> The Fund will only invest in emerging-market securities to the extent that such securities are listed on a U.S. exchange.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">The Fund typically sells securities in companies when their market valuations rise significantly above the portfolio managers’ estimates of intrinsic business values, long-term economic fundamentals significantly deteriorate, or better opportunities are presented in the marketplace.</p> The Fund will limit its investments in foreign securities, including in American Depositary Receipts (“ADRs”), to 15% of its total assets. <p id="xdx_A89_eoef--RiskTextBlock_z7Y7YvWwy4hl" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">The stock and bond markets can perform differently from each other at any given time (as well as over the long term), so the Fund will be affected by its asset allocation. If the Balanced Fund favors an asset class during a period when that class underperforms, performance may be hurt. The Fund’s principal risks are discussed below. <span id="xdx_907_eoef--RiskTextBlock_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member__oef--RiskAxis__oef--RiskLoseMoneyMember_zUbNgJ2TbuAd">The value of your investment in the Fund will fluctuate, sometimes dramatically, which means you could lose money.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> The value of your investment in the Fund will fluctuate, sometimes dramatically, which means you could lose money. <div id="xdx_A8E_eoef--RiskTextBlock_hoef--RiskAxis__custom--MarketRiskMember_z7uIx5MC8uUi"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Market Risk.</i> The market value of a security may decline due to general market conditions that are not specifically related to a particular company or because of factors that affect a particular industry or industries. Drastically reduced or volatile trading activity may make it difficult for the Fund to properly value its investments, particularly its fixed-income investments.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A85_eoef--RiskTextBlock_hoef--RiskAxis__custom--IndividualSecuritySelectionRiskMember_zESM7rU3POy2"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Individual Security Selection Risk.</i> Stocks and bonds selected as portfolio investments may decline in value due to events specific to that individual security. Such events include, but are not limited to, changes in a company’s business or credit outlook, its geographic exposure, events at competitor companies, and changes in government policy or regulatory environment. The Fund’s balance between equity and debt securities could limit its potential for capital appreciation relative to an all-stock fund or contribute to greater volatility relative to an all-bond fund.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A8F_eoef--RiskTextBlock_hoef--RiskAxis__custom--ForeignSecuritiesRiskMember_zuvD4luABPWg"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Foreign Securities Risk.</i> Although the Balanced Fund invests principally in the securities of U.S. issuers, it also expects to invest in foreign securities. To the extent the Fund invests in foreign securities, such investments will be subject to special risks, including exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability, and differing auditing and legal standards.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A84_eoef--RiskTextBlock_hoef--RiskAxis__custom--EmergingMarketRiskMember_z6NEoMwuTA92"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Emerging Market Risk. </i>Emerging market securities generally present market, credit, currency, liquidity, legal, political, and other risks different from, or greater than, the risks of investing in developed foreign countries. In addition to the risks of foreign securities in general, countries in emerging markets are typically more volatile and can have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries, and securities markets that trade a small number of issues.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A82_eoef--RiskTextBlock_hoef--RiskAxis__custom--SmallerCompanyRiskMember_ztKSHeYHGkG6"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Smaller Company Risk.</i> The Fund may invest (typically less than one-third of its total assets) in stocks of smaller companies whose market capitalizations are less than $1 billion at the time of investment. Earnings and revenues of smaller companies tend to be less predictable, and the share prices of smaller companies can be more volatile, than those of larger, more established companies. The shares of smaller companies tend to trade less frequently than those of larger, more established companies, which can adversely affect the liquidity of these securities and the Fund’s ability to sell these securities.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A87_eoef--RiskTextBlock_hoef--RiskAxis__custom--InterestRatesRiskMember_zp3xaw0vtQC2"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Interest Rate Risk.</i> Prices of bonds tend to move inversely with changes in interest rates. Typically, a rise in rates will reduce bond prices and, accordingly, the Fund’s share price.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A80_eoef--RiskTextBlock_hoef--RiskAxis__custom--CreditsRiskMember_zXFFsw0eiW6k"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Credit Risk.</i> Failure of an issuer to make timely interest or principal payments, or a decline or perception of a decline in the credit quality of a bond, can cause a company’s preferred stock, common stock and bond prices to fall.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A84_eoef--RiskTextBlock_hoef--RiskAxis__custom--CallRiskMember_zSINFP9ZUKve"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Call Risk.</i> If an issuer “calls” its bond during a time of declining interest rates, the Fund might have to reinvest the proceeds in an investment offering a lower yield.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A8A_eoef--RiskTextBlock_hoef--RiskAxis__custom--LiquidityRiskMember_zzyoFsGZPbYc"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Liquidity Risk.</i> Investments with little or no active trading market can be difficult to sell at or near their perceived value. In such a market, the market value of such investments may fall dramatically, causing the Fund’s share price to fall in value.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A82_eoef--RiskTextBlock_hoef--RiskAxis__custom--MortgagerelatedAndAssetbackedSecuritiesRiskMember_zTIhkj31t0Zk"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Mortgage-Related and Asset-Backed Securities Risk</i>. Mortgage-related securities are complex instruments, subject to both credit and prepayment risk, and may be more volatile and less liquid, and more difficult to price accurately, than more traditional debt securities. As with other interest-bearing securities, the prices of certain mortgage-related securities are inversely affected by changes in interest rates.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A8F_eoef--RiskTextBlock_hoef--RiskAxis__custom--ConvertibleSecuritiesRiskMember_zTFO4yRuRCoa"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Convertible Securities Risk</i>. A convertible security is a fixed-income security (a debt instrument or a preferred stock) which may be converted at a stated price within a specified period of time into a certain quantity of the common stock of the same or a different issuer. The market value of a convertible security will perform the same as a regular fixed income security; that is, if market interest rates rise, the value of the convertible security falls.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A84_eoef--RiskTextBlock_hoef--RiskAxis__custom--ConcentrationRiskMember_zjMFQBqiyGP2"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Concentration Risk.</i> To the extent the Fund invests in a smaller number of securities than do some other mutual funds, its net asset value may experience greater volatility and a greater effect on its total return and may be more susceptible to economic, political, and regulatory developments affecting particular securities or sectors of the market.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A8F_eoef--RiskTextBlock_hoef--RiskAxis__custom--RatingAgenciesRiskMember_zhKe9gOwGnM5"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Rating Agencies Risk.</i> Ratings are not an absolute standard of quality, but rather general indicators that reflect only the view of the originating rating agencies from which an explanation of the significance of such ratings may be obtained. There is no assurance that a particular rating will continue for any given period of time or that any such rating will not be revised downward or withdrawn entirely if, in the judgment of the agency establishing the rating, circumstances so warrant. A downward revision or withdrawal of such ratings, or either of them, may have a negative effect on the liquidity or market price of the securities in which the Fund invests.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A88_eoef--RiskTextBlock_hoef--RiskAxis__custom--KeyPersonRiskMember_zbfmlz2ukPTh"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Key Person Risk</i>. The Fund is heavily dependent upon each of Mr. Thomas G. Plumb and Mr. Nathan M. Plumb for its operation and for the execution of its investment strategy. Mr. Thomas G. Plumb serves as a portfolio manager for the Fund, and also serves as the Chief Executive Officer, Secretary, and Chairman of the Plumb Funds. Mr. Nathan M. Plumb serves as a portfolio manager for the Fund, and also serves as President and Treasurer of the Plumb Funds. The Fund would likely find it more difficult to execute its investment </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">strategy and to continue its operation in the event either of them was no longer involved in the management of the Fund.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A87_eoef--RiskTextBlock_hoef--RiskAxis__custom--GrowthAndValueStockRiskMember_z4OI6iRIQYH1"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Growth and Value Stock Risk</i>. By investing in a mix of growth and value companies, the Fund assumes the risks of both. To the extent the Fund is more heavily allocated to growth or value stocks, its performance may deviate significantly from its benchmark.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.75in"> </td> <td style="width: 0.25in; text-align: left">○</td> <td style="text-align: justify"><i>Growth Investing Risk</i>. Investors often expect growth companies to increase their earnings at a certain rate. If these expectations are not met, investors frequently move away from these stocks quickly, thus depressing their market prices, even if earnings do increase. In addition, growth stocks typically lack the dividend yield that may cushion stock prices in market downturns.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.75in"> </td> <td style="width: 0.25in; text-align: left">○</td> <td style="text-align: justify"><i>Value Investing Risk.</i> Value stocks involve the risk that they may never reach what the portfolio managers believe is their full market value, either because the market fails to recognize the stock’s intrinsic worth or the portfolio managers mis-gauged that worth. They also may decline in price, even though in theory they are already undervalued.</td> </tr> </table> Past Performance <p id="xdx_A89_eoef--PerformanceNarrativeTextBlock_z0smkHxWGDf2" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><span id="xdx_90E_eoef--PerformanceInformationIllustratesVariabilityOfReturns_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zQ4WTrPYQlsd">The following tables show historical performance of the Balanced Fund and provide some indication of the risks of investing in the Fund.</span> Table I shows the Fund’s Investor Shares total returns before taxes for each of the periods set forth in the Table. Table II shows the Fund’s Investor Shares average annual total returns for 1, 5, and 10 years both before and after taxes. <span id="xdx_906_eoef--PerformanceAdditionalMarketIndex_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zy3A4uHjZTR8">Table II also shows the Fund’s Institutional Shares returns before taxes for 1, 5, and 10 years (reflecting the performance of the Investor Shares for periods prior to inception of Institutional Shares and adjusted for Institutional Shares fees and expenses), and compares those returns to the performance of the Fund’s benchmark index, the Bloomberg Aggregate Bond Index, and four different supplementary securities market indices, the Standard &amp; Poor’s 500 Composite Index (S&amp;P 500^® Index), the Bloomberg Intermediate Government/Credit Bond Index, MSCI’s Europe, Australasia, and Far East (EAFE) Index, and a Blended Benchmark, which is a composite comprised of 55% S&amp;P 500 Index, 35% Bloomberg Intermediate Government/Credit Bond Index, and 10% MSCI EAFE Index. The Bloomberg Aggregate Bond Index represents a broad spectrum of dollar-denominated, fixed-rate debt, including government, corporate, and securitized bonds. The S&amp;P 500^® Index reflects the market sectors for U.S.-based equities in which the Fund primarily invests. The Bloomberg Intermediate Government/Credit Bond Index is a broad-based index of government and investment-grade corporate fixed-rate debt securities with maturities between 1 and 10 years and represents the bond markets in which the Fund primarily invests. The MSCI EAFE Index reflects the performance of major developed international equity markets, other than the United States and Canada, in which the Fund invests. The included Blended Benchmark represents a broad measure of the stock and bond markets, including market sectors and geography, in which the Fund may invest.</span> The performance data quoted represents past performance and current returns may be</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">lower or higher. <span id="xdx_906_eoef--PerformancePastDoesNotIndicateFuture_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zL6jRlAobLXa">Past performance (before and after taxes) does not guarantee future results.</span> Recent performance information for the Fund is available on the Fund’s website at <span id="xdx_901_eoef--PerformanceAvailabilityWebSiteAddress_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zahOpWLjHqud">www.plumbfunds.com</span> or by calling (toll free) <span id="xdx_900_eoef--PerformanceAvailabilityPhone_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_znMx2mOQhPI6">1-866-987-7888</span>.</p> The following tables show historical performance of the Balanced Fund and provide some indication of the risks of investing in the Fund. Table II also shows the Fund’s Institutional Shares returns before taxes for 1, 5, and 10 years (reflecting the performance of the Investor Shares for periods prior to inception of Institutional Shares and adjusted for Institutional Shares fees and expenses), and compares those returns to the performance of the Fund’s benchmark index, the Bloomberg Aggregate Bond Index, and four different supplementary securities market indices, the Standard & Poor’s 500 Composite Index (S&P 500® Index), the Bloomberg Intermediate Government/Credit Bond Index, MSCI’s Europe, Australasia, and Far East (EAFE) Index, and a Blended Benchmark, which is a composite comprised of 55% S&P 500 Index, 35% Bloomberg Intermediate Government/Credit Bond Index, and 10% MSCI EAFE Index. The Bloomberg Aggregate Bond Index represents a broad spectrum of dollar-denominated, fixed-rate debt, including government, corporate, and securitized bonds. The S&P 500® Index reflects the market sectors for U.S.-based equities in which the Fund primarily invests. The Bloomberg Intermediate Government/Credit Bond Index is a broad-based index of government and investment-grade corporate fixed-rate debt securities with maturities between 1 and 10 years and represents the bond markets in which the Fund primarily invests. The MSCI EAFE Index reflects the performance of major developed international equity markets, other than the United States and Canada, in which the Fund invests. The included Blended Benchmark represents a broad measure of the stock and bond markets, including market sectors and geography, in which the Fund may invest. Past performance (before and after taxes) does not guarantee future results. www.plumbfunds.com 1-866-987-7888 Balanced Fund Year-by-Year Total Returns (Calendar Year) - Investor Shares(1) <p id="xdx_A81_eoef--BarChartTableTextBlock_z95LEJRCOzWa" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><img alt="" src="pro_002.jpg" style="height: 321px; width: 550px"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div></div> <table cellpadding="0" cellspacing="0" id="xdx_A59_dU_zVKZZevK89ig" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Annual Total Returns"> <tr style="display: none; vertical-align: bottom; text-align: center"> <th style="display: none">Years</th> <th style="display: none">Returns</th></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none; width: 50%">2016</td> <td id="xdx_986_eoef--AnnlRtrPct_c20160101__20161231__oef--ClassAxis__custom--C000049545Member_fKDEp_zSBX8Odjzo29" style="display: none; width: 50%">5.06%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2017</td> <td id="xdx_98E_eoef--AnnlRtrPct_c20170101__20171231__oef--ClassAxis__custom--C000049545Member_fKDEp_zVMx0gHogxsg" style="display: none">23.22%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2018</td> <td id="xdx_984_eoef--AnnlRtrPct_c20180101__20181231__oef--ClassAxis__custom--C000049545Member_fKDEp_zSb8VXLTPBF2" style="display: none">-1.74%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2019</td> <td id="xdx_982_eoef--AnnlRtrPct_c20190101__20191231__oef--ClassAxis__custom--C000049545Member_fKDEp_zDZov6729s78" style="display: none">23.20%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2020</td> <td id="xdx_980_eoef--AnnlRtrPct_c20200101__20201231__oef--ClassAxis__custom--C000049545Member_fKDEp_zgcDwlL6c5A8" style="display: none">21.66%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2021</td> <td id="xdx_98B_eoef--AnnlRtrPct_c20210101__20211231__oef--ClassAxis__custom--C000049545Member_fKDEp_z8RKlNatcyj2" style="display: none">4.06%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2022</td> <td id="xdx_98B_eoef--AnnlRtrPct_c20220101__20221231__oef--ClassAxis__custom--C000049545Member_fKDEp_zm5HLioiBTGh" style="display: none">-22.21%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2023</td> <td id="xdx_981_eoef--AnnlRtrPct_c20230101__20231231__oef--ClassAxis__custom--C000049545Member_fKDEp_z4ChffqVoNHj" style="display: none">25.13%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2024</td> <td id="xdx_980_eoef--AnnlRtrPct_c20240101__20241231__oef--ClassAxis__custom--C000049545Member_fKDEp_zM5RH9Wleq1l" style="display: none">15.17%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2025</td> <td id="xdx_98C_eoef--AnnlRtrPct_c20250101__20251231__oef--ClassAxis__custom--C000049545Member_fKDEp_zr5iWOMIindc" style="display: none">10.68%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left; vertical-align: super"><sup id="xdx_F07_zyz2M3l2x0Cc">(1)</sup></td> <td id="xdx_F18_zqzyCoyceQg3" style="text-align: justify">The returns shown in the bar chart are for Investor Shares of the Fund. Institutional Shares would have substantially similar annual returns because the shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes do not have the same expenses.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0.0506 0.2322 -0.0174 0.2320 0.2166 0.0406 -0.2221 0.2513 0.1517 0.1068 <p id="xdx_A81_eoef--BarChartClosingTextBlock_zC66eSq0bCBk" style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: #141213">The Fund’s highest and lowest quarterly returns during the period presented in Table I:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 50%; margin-right: auto"> <tr> <td style="vertical-align: bottom; width: 24%; text-align: center; color: #141213"><b><span id="xdx_907_eoef--HighestQuarterlyReturnLabel_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zkM3yXwYtp5b">Highest Quarterly Return</span></b></td> <td style="text-align: center; width: 2%"> </td> <td style="vertical-align: bottom; width: 24%; text-align: center; color: #141213"><b><span id="xdx_901_eoef--LowestQuarterlyReturnLabel_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zc2CV4TJc4mc">Lowest Quarterly Return</span></b></td> </tr> <tr> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_904_eoef--BarChartHighestQuarterlyReturnDate_dxL_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_z0IZzEpmn4Vh" title="::XDX::2020-06-30"><span style="-sec-ix-hidden: xdx2ixbrl0118">2nd Quarter of 2020</span></span></td> <td style="text-align: center"> </td> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_905_eoef--BarChartLowestQuarterlyReturnDate_dxL_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_z90rZcgup2H7" title="::XDX::2022-06-30"><span style="-sec-ix-hidden: xdx2ixbrl0119">2nd Quarter of 2022</span></span></td> </tr> <tr> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_909_eoef--BarChartHighestQuarterlyReturn_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_z7RU2NOuGoV7">19.41%</span></td> <td style="text-align: center"> </td> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_90B_eoef--BarChartLowestQuarterlyReturn_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_z05gXBxvU81j">-17.18%</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">The performance information above is calculated based on a <span id="xdx_90D_eoef--YearToDateReturnLabel_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zx2L5uBiHgKh">calendar year</span>. The Fund’s total return (not annualized) for the six-month period ended <span id="xdx_90C_eoef--BarChartYearToDateReturnDate_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zjMC74zdWX9">June 30, 2026</span> was <span id="xdx_908_eoef--BarChartYearToDateReturn_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zm68VX9Ra0me">10.39%</span>.</p> Highest Quarterly Return Lowest Quarterly Return 0.1941 -0.1718 calendar year 2026-06-30 0.1039 <div id="xdx_A8E_eoef--PerformanceTableTextBlock_z8mj2KVTuFxg"></div> <table cellpadding="0" cellspacing="0" id="xdx_A5A_dU_zJ6bEr8OPL5i" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Average Annual Total Returns"> <tr style="vertical-align: bottom"> <td style="border-top: Black 1pt solid; color: #141213"><b>TABLE II</b></td> <td style="border-top: Black 1pt solid"> </td> <td colspan="2" id="xdx_49A_20250101__20251231_zdlGrZCD2oji" style="border-top: Black 1pt solid; text-align: center"> </td> <td style="border-top: Black 1pt solid"> </td> <td style="border-top: Black 1pt solid"> </td> <td colspan="2" id="xdx_49C_20210101__20251231_zsyFAUHynjP6" style="border-top: Black 1pt solid; text-align: center"> </td> <td style="border-top: Black 1pt solid"> </td> <td style="border-top: Black 1pt solid"> </td> <td colspan="2" id="xdx_493_20160101__20251231_znmdxaWjGJia" style="border-top: Black 1pt solid; text-align: center"> </td> <td style="border-top: Black 1pt solid"> </td> </tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td id="xdx_988_eoef--PerformanceTableHeading_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zqlBsdHKHgh8" style="border-bottom: Black 1pt solid"><b>Balanced Fund Average Annual Total Returns<br/> (for the periods ended December 31, 2025)</b></td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> </tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid"><b>Investor Shares</b></td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>1 Year</b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>5 Years</b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>10 Years</b></td> <td style="padding-bottom: 1pt"> </td> </tr> <tr id="xdx_403_eoef--AvgAnnlRtrPct_dp_hoef--ClassAxis__custom--C000049545Member_zBbrY7a8EyTe" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_909_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000049545Member_zEQyp4Zs74I4">Return Before Taxes</span></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">10.68</td> <td style="width: 1%; text-align: left; white-space: nowrap">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">5.24</td> <td style="width: 1%; text-align: left; white-space: nowrap">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">9.43</td> <td style="width: 1%; text-align: left; white-space: nowrap">%</td> </tr> <tr id="xdx_407_eoef--AvgAnnlRtrPct_dp_hoef--ClassAxis__custom--C000049545Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsMember_z0yqaZZEfs6a" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_901_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000049545Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsMember_zztuaRdO32ae">Return After Taxes on Distributions</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8.40</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3.58</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">8.40</td> <td style="text-align: left; white-space: nowrap">%</td> </tr> <tr id="xdx_405_eoef--AvgAnnlRtrPct_dp_hoef--ClassAxis__custom--C000049545Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsAndSalesMember_zSefQDtpynOl" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_906_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000049545Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsAndSalesMember_zoeeYtPiqa0h">Return After Taxes on Distributions and Sale of Fund Shares</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7.93</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3.82</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7.55</td> <td style="text-align: left; white-space: nowrap">%</td> </tr> <tr style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Institutional Shares⁽¹⁾</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_902_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000221188Member_zfaKFVvOYPRb">Return Before Taxes</span></td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98A_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221188Member_fKDEp_zNfwc0ivzAZ1" style="border-bottom: Black 1pt solid; text-align: right">10.98</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221188Member_fKDEp_zxPqXINFkbM2" style="border-bottom: Black 1pt solid; text-align: right">5.49</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221188Member_fKDEp_zmuHbheNuDGa" style="border-bottom: Black 1pt solid; text-align: right">7.54</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">S&amp;P 500^® Index <br/>(reflects no deduction for fees, expenses or taxes)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_986_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--SAndP500IndexMember_fKDEp_zuXmXv5AYm11" style="border-bottom: Black 1pt solid; text-align: right">17.88</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_989_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--SAndP500IndexMember_fKDEp_ziOI2oaChRi9" style="border-bottom: Black 1pt solid; text-align: right">14.42</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--SAndP500IndexMember_fKDEp_z2UDefS034s5" style="border-bottom: Black 1pt solid; text-align: right">14.82</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Bloomberg Intermediate Government/Credit Bond Index <br/>(reflects no deduction for fees, expenses or taxes)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BloombergIntermediateGovernmentCreditBondIndexMember_fKDEp_zHSvWDunYXY2" style="border-bottom: Black 1pt solid; text-align: right">6.97</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98A_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BloombergIntermediateGovernmentCreditBondIndexMember_fKDEp_zMzqzI3ySUm7" style="border-bottom: Black 1pt solid; text-align: right">(1.44</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BloombergIntermediateGovernmentCreditBondIndexMember_fKDEp_zj3KAjNDcfF9" style="border-bottom: Black 1pt solid; text-align: right">2.08</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Bloomberg Aggregate Bond Index <br/>(reflects no deduction for fees, expenses or taxes)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BloombergAggregateBondIndexMember_fKDEp_zvOmo5SSdDT8" style="border-bottom: Black 1pt solid; text-align: right">7.30</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BloombergAggregateBondIndexMember_fKDEp_z1eGWjIWKWn5" style="border-bottom: Black 1pt solid; text-align: right">(1.54</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BloombergAggregateBondIndexMember_fKDEp_zslLfcJZ68g1" style="border-bottom: Black 1pt solid; text-align: right">2.65</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MSCI EAFE Index<br/>(reflects no deduction for fees, expenses, or taxes)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_986_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--MSCIEAFEIndexMember_fKDEp_zRCWg9dVp0Z8" style="border-bottom: Black 1pt solid; text-align: right">27.89</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98C_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--MSCIEAFEIndexMember_fKDEp_zQfJpg8p3Aie" style="border-bottom: Black 1pt solid; text-align: right">8.78</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98F_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--MSCIEAFEIndexMember_fKDEp_z52q2ynToq29" style="border-bottom: Black 1pt solid; text-align: right">(1.88</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Blended Benchmark<br/> (<span id="xdx_905_eoef--IndexNoDeductionForFeesExpensesTaxes_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_ztaZCkjMPP59">reflects no deduction for fees, expenses, or taxes</span>)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_988_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BlendedBenchmarkMember_fKDEp_zWDSgJILsV2k" style="border-bottom: Black 1pt solid; text-align: right">15.06</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98E_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BlendedBenchmarkMember_fKDEp_zeF3hcKjYzGd" style="border-bottom: Black 1pt solid; text-align: right">15.51</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221188Member__oef--PerformanceMeasureAxis__custom--BlendedBenchmarkMember_fKDEp_zyRRpx5j3JRj" style="border-bottom: Black 1pt solid; text-align: right">7.16</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td id="xdx_F06_zO6Nzt3qJpr4" style="width: 0.25in; text-align: left">(1)</td> <td id="xdx_F11_z9eCSRK9sKEj" style="text-align: justify; color: #141213">Performance shown for the Institutional Shares prior to its commencement of operations on <span id="xdx_907_eoef--PerfInceptionDate_c20260729__20260729__oef--ClassAxis__custom--C000221188Member_z76gE7LxHhUl">August 3, 2020</span> reflects the performance of the Investor Shares adjusted for Institutional Shares fees and expenses.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> Balanced Fund Average Annual Total Returns (for the periods ended December 31, 2025) Return Before Taxes 0.1068 0.0524 0.0943 Return After Taxes on Distributions 0.0840 0.0358 0.0840 Return After Taxes on Distributions and Sale of Fund Shares 0.0793 0.0382 0.0755 Return Before Taxes 0.1098 0.0549 0.0754 0.1788 0.1442 0.1482 0.0697 -0.0144 0.0208 0.0730 -0.0154 0.0265 0.2789 0.0878 -0.0188 reflects no deduction for fees, expenses, or taxes 0.1506 0.1551 0.0716 2020-08-03 <p id="xdx_A81_eoef--PerformanceTableClosingTextBlock_zyYQqQDwGEMd" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213"><span id="xdx_90D_eoef--PerformanceTableUsesHighestFederalRate_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zvAtoRhHuUjh">After-tax returns are calculated using the highest individual federal marginal income tax rates in effect during such years and do not reflect the impact of state or other local taxes.</span> <span id="xdx_90F_eoef--PerformanceTableNotRelevantToTaxDeferred_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zKyptiVmQstb">Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.</span> <span id="xdx_90C_eoef--PerformanceTableOneClassOfAfterTaxShown_c20260729__20260729__dei--LegalEntityAxis__custom--S000017840Member_zadHeEKvniXb">After tax returns are shown for only Investor Shares and after-tax returns for Institutional Shares will vary.</span></p> After-tax returns are calculated using the highest individual federal marginal income tax rates in effect during such years and do not reflect the impact of state or other local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After tax returns are shown for only Investor Shares and after-tax returns for Institutional Shares will vary. PLUMB EQUITY FUND Investment Objective <p id="xdx_A89_eoef--ObjectivePrimaryTextBlock_zFJwaq69yWHf" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">The Plumb Equity Fund (the “Equity Fund”) seeks long-term capital appreciation.</p> Fees and Expenses of the Plumb Equity Fund <p id="xdx_A81_eoef--ExpenseNarrativeTextBlock_zJJ8zszM3yg6" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Equity Fund. <b>You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.</b></p> <div id="xdx_A86_eoef--ShareholderFeesTableTextBlock_zu2NtocJEbji"></div> <table cellpadding="0" cellspacing="0" id="xdx_A5F_dU_zupEVCo188f6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Shareholder Fees"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Shareholder Fees <br/>(fees paid directly from your investment)</td> <td style="padding-bottom: 1pt; color: #141213; font-weight: bold; width: 1%"> </td> <td id="xdx_495_20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member__oef--ClassAxis__custom--C000049546Member_zb8te4teAmsg" style="border-bottom: Black 1pt solid; color: #141213; font-weight: bold; text-align: center; width: 10%">Investor Shares</td> <td style="padding-bottom: 1pt; width: 1%"> </td> <td style="padding-bottom: 1pt; color: #141213; font-weight: bold; width: 1%"> </td> <td id="xdx_49B_20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member__oef--ClassAxis__custom--C000221189Member_z5xu09fg41zb" style="border-bottom: Black 1pt solid; color: #141213; font-weight: bold; text-align: center; width: 10%">Institutional Shares</td></tr> <tr id="xdx_40D_eoef--MaximumSalesChargeImposedOnPurchasesOverOfferingPrice_dpn_zdXKGckLsPk3" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_40A_eoef--MaximumDeferredSalesChargeOverOther_dpn_z8O7g58yYQ37" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Maximum Deferred Sales Charge (Load) (as a percentage of the amount redeemed)</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_40A_eoef--MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther_dpn_zb3Aw4E2uj4a" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Maximum Sales Charge (Load) Imposed on Reinvested Dividends/Distributions</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_40D_eoef--RedemptionFeeOverRedemption_dn_z1K3PYsIa9ni" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Redemption Fee (exclusive of wire transfer charges of $15.00, if applicable)</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_406_eoef--ExchangeFeeOverRedemption_dpn_znnL1SeaJqak" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Exchange Fee</td> <td> </td> <td style="text-align: center">None</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in"> </td> <td> </td> <td style="text-align: center"> </td> <td> </td> <td> </td> <td style="text-align: center"> </td></tr> </table> <p style="margin: 0"></p> 0 0 0 0 0 0 0 0 0 0 <div id="xdx_A87_eoef--AnnualFundOperatingExpensesTableTextBlock_zK3zZRueCFQ8"></div> <table cellpadding="0" cellspacing="0" id="xdx_A50_dU_zMPZsSdPRLdc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Annual Fund Operating Expenses"> <tr style="vertical-align: bottom"> <td style="color: #141213; font-weight: bold; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</td> <td> </td> <td id="xdx_495_20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member__oef--ClassAxis__custom--C000049546Member_zK9Th1pQOC9h" style="text-align: center"> </td> <td> </td> <td> </td> <td id="xdx_49B_20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member__oef--ClassAxis__custom--C000221189Member_zOiEkAWjtoA1" style="text-align: center"> </td></tr> <tr id="xdx_406_eoef--ManagementFeesOverAssets_dpn_zuv9qDnr7fwc" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Management Fees</td> <td style="width: 1%"> </td> <td style="width: 10%; text-align: center">0.65%</td> <td style="width: 1%"> </td> <td style="width: 1%; color: #141213"> </td> <td style="width: 10%; color: #141213; text-align: center">0.65%</td></tr> <tr id="xdx_402_eoef--DistributionAndService12b1FeesOverAssets_dpn_zzndZqAAxVRa" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Distribution (12b-1) Fees</td> <td> </td> <td style="text-align: center">0.25%</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">None</td></tr> <tr id="xdx_409_eoef--Component1OtherExpensesOverAssets_dpn_znIZROod5gZb" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -0.125in; padding-left: 0.125in">Other Expenses</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">1.22%</td> <td> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">1.23%</td></tr> <tr id="xdx_406_eoef--ExpensesOverAssets_dpn_zo4kB38cOYp9" style="vertical-align: bottom"> <td style="text-align: left; text-indent: -0.125in; padding-left: 0.125in">Total Annual Fund Operating Expenses</td> <td> </td> <td style="text-align: center">2.12%</td> <td> </td> <td> </td> <td style="text-align: center">1.88%</td></tr> <tr id="xdx_400_eoef--FeeWaiverOrReimbursementOverAssets_dpn_zwDaUS5ykVIb" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -0.125in; padding-left: 0.125in">Fee Waivers and Expense Reimbursements<sup id="xdx_F45_zT2IARGUI31k">(1)</sup> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">(0.62)%</td> <td> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">(0.63)%</td></tr> <tr id="xdx_400_eoef--NetExpensesOverAssets_dpn_zPZWBvPQmKo7" style="vertical-align: bottom"> <td style="color: #141213; text-align: left; text-indent: -0.125in; padding-left: 0.125in">Total Annual Fund Operating Expenses After Fee Waivers and Expense Reimbursements</td> <td> </td> <td style="text-align: center">1.50%</td> <td> </td> <td style="color: #141213"> </td> <td style="color: #141213; text-align: center">1.25%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="vertical-align: top; width: 0.25in; text-align: left">(1)</td> <td style="text-align: justify">The Funds’ Advisor, Wisconsin Capital Management, LLC (the “Advisor”), has contractually agreed, at least until <span id="xdx_90E_eoef--FeeWaiverOrReimbursementOverAssetsDateOfTermination_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zyTugBO4UJTj">July 31, 2027</span> to waive fees and reimburse expenses of the Equity Fund so as to cap its annual operating expense ratios (excluding Acquired Fund Fees and Expenses) at 1.50% of its average daily net assets for Investor Shares and 1.25% of its average daily net assets for Institutional Shares. This expense cap may not be terminated prior to this date except by the Board of Directors. For any year in which the Fund’s actual operating expense ratio is lower than the applicable cap, the Advisor may recoup any or all of the fees it has waived and/or the expenses it has reimbursed during the immediately preceding 36 months, provided the amount of recoupment in any year shall be limited so that it does not cause the Fund’s total operating expenses, after recoupment has been taken into account, to exceed the current cap or the applicable cap at the time of waiver for that year.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0.0065 0.0065 0.0025 0 0.0122 0.0123 0.0212 0.0188 -0.0062 -0.0063 0.0150 0.0125 July 31, 2027 <p id="xdx_A8B_eoef--ExpenseExampleNarrativeTextBlock_zElegJxcq3Wh" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><b><span style="text-decoration: underline">Example</span>. </b>This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then hold or redeem (or sell) all of your shares at the end of those time periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. With respect to the first year expense amount, this example reflects the effects of the contractual commitment that the Advisor has made to waive fees and reimburse expenses for the Fund at least until July 31, 2027. The assumed return </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">does not represent actual or future performance, and your actual costs may be higher or lower. <span id="xdx_901_eoef--ExpenseExampleByYearCaption_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zPHrukW8toNb">However, based on these assumptions, your costs would be:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"> </p> However, based on these assumptions, your costs would be: <div id="xdx_A85_eoef--ExpenseExampleWithRedemptionTableTextBlock_zhruDONWO0C9"></div> <table cellpadding="0" cellspacing="0" id="xdx_A5E_dU_zaQwhD7agEDk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Expense Example"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_486_eoef--ExpenseExampleYear01_zxG5eUDjGzKi" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>1 Year</b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_482_eoef--ExpenseExampleYear03_zzp9rjtBx6Z4" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>3 Years</b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_487_eoef--ExpenseExampleYear05_zo9LsEcfCBzg" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>5 Years</b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_489_eoef--ExpenseExampleYear10_z8WPeTMgvRxl" style="border-bottom: Black 1pt solid; text-align: center; color: #141213"><b>10 Years</b></td> <td style="padding-bottom: 1pt"> </td> </tr> <tr id="xdx_410_20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member__oef--ClassAxis__custom--C000049546Member_zv9GgFQIGfu2" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Investor Shares</b></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">153</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">604</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">1,082</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">2,403</td> <td style="width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr id="xdx_411_20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member__oef--ClassAxis__custom--C000221189Member_zqfVUv0Ah304" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Institutional Shares</b></td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">127</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">530</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">958</td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left">$</td> <td style="text-align: right">2,150</td> <td style="text-align: left; white-space: nowrap"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 153 604 1082 2403 127 530 958 2150 <p id="xdx_A8F_eoef--PortfolioTurnoverTextBlock_zis8cCuwelsl" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><b><span style="text-decoration: underline">Portfolio Turnover</span>.</b> The Equity Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was <span id="xdx_90D_eoef--PortfolioTurnoverRate_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zONHvHK2q3y5">26%</span> of the average value of its portfolio.</p> 0.26 Principal Investment Strategies of the Equity Fund <p id="xdx_A85_eoef--StrategyNarrativeTextBlock_zwZXHJAuGjt3" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">To pursue its investment objective, the Fund normally invests at least 80% of its assets, including borrowings for investment purposes, in common stocks and other equity securities. The Fund generally invests in stocks encompassing small, medium, and large market capitalizations. The Fund focuses on companies with growth rates higher than the general United States economy and with the potential to benefit from either secular macroeconomic trends or the creation of a new total addressable market (TAM).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">The Fund will also invest in foreign securities, including the securities of companies located in foreign countries. <span id="xdx_904_eoef--StrategyPortfolioConcentration_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zNNpbkn8um84">The Fund will limit its investments in foreign securities, typically in American Depositary Receipts (ADRs), to 15% of its total assets.</span> The Fund will only invest in foreign domiciled securities to the extent that such securities are listed on a U.S. exchange.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">The Fund seeks to provide investors with competitive after-tax investment returns by holding quality securities for the long term, which is designed to promote greater tax efficiency.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">The Fund typically sells securities in companies if the investment thesis is changing or for opportunity cost, meaning we believe another security is more attractive for our shareholders. This typically occurs when the market valuation of a security held by the Fund rises significantly above the portfolio managers’ estimates of its intrinsic business value or when the portfolio managers perceive that long-term economic fundamentals have significantly deteriorated or are unlikely to match their initial expectations.</p> The Fund will limit its investments in foreign securities, typically in American Depositary Receipts (ADRs), to 15% of its total assets. <p id="xdx_A80_eoef--RiskTextBlock_zjtEynd9QtKc" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0; color: #141213">The Equity Fund’s principal risks are discussed below. <span id="xdx_90A_eoef--RiskTextBlock_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member__oef--RiskAxis__oef--RiskLoseMoneyMember_zIEVmTDBZSFh">The value of your investment in the Fund will fluctuate, sometimes dramatically, which means you could lose money.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> The value of your investment in the Fund will fluctuate, sometimes dramatically, which means you could lose money. <div id="xdx_A8B_eoef--RiskTextBlock_hoef--RiskAxis__custom--MarketRiskMember_zxYI0Og6Zue8"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Market Risk.</i> The market value of a security may decline due to general market conditions that are not specifically related to a particular company or because of factors that affect a particular industry or industries. Drastically reduced or volatile trading activity may make it difficult for the Fund to properly value its investments.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A84_eoef--RiskTextBlock_hoef--RiskAxis__custom--IndividualSecuritySelectionRiskMember_zgXWZBuX6kVb"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Individual Security Selection Risk.</i> Stocks selected as portfolio investments may decline in value due to events specific to that individual security. Such events include, but are not limited to, changes in a company’s business or credit outlook, its geographic exposure, events at competitor companies, and changes in government policy or regulatory environment.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A83_eoef--RiskTextBlock_hoef--RiskAxis__custom--ForeignSecuritiesRiskMember_zE2zkQSyTNq7"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Foreign Securities Risk.</i> Although the Equity Fund invests principally in the securities of U.S. issuers, it also expects to invest in foreign securities. To the extent the Fund invests in foreign securities, such investments will be subject to special risks, including exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability, and differing auditing and legal standards.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A84_eoef--RiskTextBlock_hoef--RiskAxis__custom--EmergingMarketRiskMember_z9nggunh9sta"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Emerging Market Risk. </i>Emerging market securities generally present market, credit, currency, liquidity, legal, political, and other risks different from, or greater than, the risks of investing in developed foreign countries. In addition to the risks of foreign securities in general, countries in emerging markets are typically more volatile and can have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries, and securities markets that trade a small number of issues.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A81_eoef--RiskTextBlock_hoef--RiskAxis__custom--SmallerCompanyRiskMember_zug2qBRNO2r8"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Smaller-Company Risk.</i> The Fund may invest (typically less than one-third of its total assets) in stocks of smaller companies whose market capitalizations are less than $1 billion at the time of investment. Earnings and revenues of smaller companies tend to be less predictable, and the share prices of smaller companies can be more volatile, than those of larger, more established companies. The shares of smaller companies tend to trade less frequently than those of larger, more established companies, which can adversely affect the liquidity of these securities and the Fund’s ability to sell these securities.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A80_eoef--RiskTextBlock_hoef--RiskAxis__custom--ConcentrationRiskMember_zidX98XiDvVg"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Concentration Risk.</i> To the extent the Fund invests in a smaller number of securities than do some other mutual funds, its net asset value may experience greater volatility and a greater effect on its total return and may be more susceptible to economic, political, and regulatory developments affecting particular securities or sectors of the market.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A88_eoef--RiskTextBlock_hoef--RiskAxis__custom--LiquidityRiskMember_zEVsw5Evx1uf"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Liquidity Risk.</i> Investments with little or no active trading market can be difficult to sell at or near their perceived value. In such a market, the market value of such investments may fall dramatically, causing the Fund’s share price to fall in value.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A85_eoef--RiskTextBlock_hoef--RiskAxis__custom--KeyPersonRiskMember_zibddRgSPl3h"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Key Person Risk</i>. The Fund is heavily dependent upon each of Mr. Thomas G. Plumb and Mr. Nathan M. Plumb for its operation and for the execution of its investment strategy. Mr. Thomas G. Plumb serves as a portfolio manager for the Fund, and also serves as the Chief Executive Officer, Secretary, and Chairman of the Plumb Funds. Mr. Nathan M. Plumb serves as a portfolio manager for the Fund, and also serves as President and Treasurer of the Plumb Funds. The Fund would likely find it more difficult to execute its investment strategy and to continue its operation in the event either of them was no longer involved in the management of the Fund.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div id="xdx_A8E_eoef--RiskTextBlock_hoef--RiskAxis__custom--GrowthAndValueStockRiskMember_zOqe6fR0GRIf"></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"> </td> <td style="width: 0.25in; text-align: left">●</td> <td style="text-align: justify"><i>Growth and Value Stock Risk</i>. By investing in a mix of growth and value companies, the Fund assumes the risks of both. To the extent the Fund is more heavily allocated to growth or value stocks, its performance may deviate significantly from its benchmark.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0.75in"></td> <td style="width: 0.25in; text-align: left">○</td> <td style="text-align: justify"><i>Growth Investing Risk</i>. Investors often expect growth companies to increase their earnings at a certain rate. If these expectations are not met, investors frequently move away from these stocks quickly, thus depressing their market prices, even if earnings do increase. In addition, growth stocks typically lack the dividend yield that may cushion stock prices in market downturns.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0.75in"></td> <td style="width: 0.25in; text-align: left">○</td> <td style="text-align: justify"><i>Value Investing Risk</i>. Value stocks involve the risk that they may never reach what the portfolio managers believe is their full market value, either because the market fails to recognize the stock’s intrinsic worth or the portfolio managers misgauged that worth. They also may decline in price, even though in theory they are already undervalued.</td> </tr> </table> Past Performance <p id="xdx_A8B_eoef--PerformanceNarrativeTextBlock_zmUcwsx47OXe" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">The following tables show historical performance of the Equity Fund and provide some indication of the risks of investing in the Fund. Table I shows the Fund’s Investor Shares total returns before taxes for each of the periods set forth in the Table. Table II shows the Fund’s Investor Shares average annual total returns for 1, 5, and 10 years both before and after taxes. <span id="xdx_905_eoef--PerformanceAdditionalMarketIndex_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zYpsXfa3zzsh">Table II also shows the Fund’s Institutional Shares returns before taxes for 1, 5, and 10 years (reflecting the performance of the Investor Shares for periods prior to inception of Institutional Shares and adjusted for Institutional Shares fees and expenses) and compares those returns to the performance of two different securities market indices, the S&amp;P 500^® Index and the MSCI EAFE Index, as well as to the Fund’s Benchmark, which is a composite comprised of 90% S&amp;P 500^® Index and 10% MSCI EAFE Index. The S&amp;P 500^® Index reflects the market sectors for U.S.-based equities in which the Fund primarily invests. The MSCI EAFE Index reflects the performance of major developed international equity markets, other than the United States and Canada, in which the Fund invests.</span> The performance data quoted represents past performance and current returns may be lower or higher. <span id="xdx_90A_eoef--PerformancePastDoesNotIndicateFuture_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zfUuzlYixV6h">Past performance (before and after taxes) does not guarantee future results.</span> Recent performance information for the Fund is available on the Fund’s website at <span id="xdx_907_eoef--PerformanceAvailabilityWebSiteAddress_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zcbcFpMSguGe">www.plumbfunds.com</span> or by calling (toll free) <span id="xdx_903_eoef--PerformanceAvailabilityPhone_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zDzOa9158BP6">1-866-987-7888</span>.</p> Table II also shows the Fund’s Institutional Shares returns before taxes for 1, 5, and 10 years (reflecting the performance of the Investor Shares for periods prior to inception of Institutional Shares and adjusted for Institutional Shares fees and expenses) and compares those returns to the performance of two different securities market indices, the S&P 500® Index and the MSCI EAFE Index, as well as to the Fund’s Benchmark, which is a composite comprised of 90% S&P 500® Index and 10% MSCI EAFE Index. The S&P 500® Index reflects the market sectors for U.S.-based equities in which the Fund primarily invests. The MSCI EAFE Index reflects the performance of major developed international equity markets, other than the United States and Canada, in which the Fund invests. Past performance (before and after taxes) does not guarantee future results. www.plumbfunds.com 1-866-987-7888 Equity Fund Year-by-Year Total Returns (Calendar Year) - Investor Shares(1) <p id="xdx_A81_eoef--BarChartTableTextBlock_zhqLNM9xq8Qe" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><img alt="" src="pro_003.jpg" style="height: 321px; width: 550px"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div></div> <table cellpadding="0" cellspacing="0" id="xdx_A56_dU_z5AtoOAhkfff" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Annual Total Returns"> <tr style="display: none; vertical-align: bottom; text-align: center"> <th style="display: none">Years</th> <th style="display: none">Returns</th></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none; width: 50%">2016</td> <td id="xdx_98F_eoef--AnnlRtrPct_c20160101__20161231__oef--ClassAxis__custom--C000049546Member_fKDEp_zZZIgl5MRCX" style="display: none; width: 50%">3.88%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2017</td> <td id="xdx_98A_eoef--AnnlRtrPct_c20170101__20171231__oef--ClassAxis__custom--C000049546Member_fKDEp_z86tHlnzfCQi" style="display: none">39.70%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2018</td> <td id="xdx_980_eoef--AnnlRtrPct_c20180101__20181231__oef--ClassAxis__custom--C000049546Member_fKDEp_z8z4LhHab4Fe" style="display: none">-2.16%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2019</td> <td id="xdx_984_eoef--AnnlRtrPct_c20190101__20191231__oef--ClassAxis__custom--C000049546Member_fKDEp_zI68m4xLXRJ2" style="display: none">32.95%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2020</td> <td id="xdx_98B_eoef--AnnlRtrPct_c20200101__20201231__oef--ClassAxis__custom--C000049546Member_fKDEp_zZ08LtffNX11" style="display: none">32.34%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2021</td> <td id="xdx_980_eoef--AnnlRtrPct_c20210101__20211231__oef--ClassAxis__custom--C000049546Member_fKDEp_zDDPCAzjAnYf" style="display: none">3.52%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2022</td> <td id="xdx_981_eoef--AnnlRtrPct_c20220101__20221231__oef--ClassAxis__custom--C000049546Member_fKDEp_zQZ3o9B6U42l" style="display: none">-32.85%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2023</td> <td id="xdx_98A_eoef--AnnlRtrPct_c20230101__20231231__oef--ClassAxis__custom--C000049546Member_fKDEp_ztnImNkyLgZj" style="display: none">42.77%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2024</td> <td id="xdx_98D_eoef--AnnlRtrPct_c20240101__20241231__oef--ClassAxis__custom--C000049546Member_fKDEp_znZZk8xtRaXj" style="display: none">17.76%</td></tr> <tr style="display: none; vertical-align: top; text-align: left"> <td style="display: none">2025</td> <td id="xdx_98B_eoef--AnnlRtrPct_c20250101__20251231__oef--ClassAxis__custom--C000049546Member_fKDEp_zN0atSzYZam" style="display: none">10.66%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left; vertical-align: super"><sup id="xdx_F01_zO3VKHKo8eDc">(1)</sup></td> <td id="xdx_F1E_z4bbyiKpA2m5" style="text-align: justify">The returns shown in the bar chart are for Investor Shares of the Fund. Institutional Shares would have substantially similar annual returns because the shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes do not have the same expenses.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 0.0388 0.3970 -0.0216 0.3295 0.3234 0.0352 -0.3285 0.4277 0.1776 0.1066 <p id="xdx_A89_eoef--BarChartClosingTextBlock_zBlPXvslVTO5" style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0; color: #141213">The Fund’s highest and lowest quarterly returns during the period presented in Table I:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 50%; margin-right: auto"> <tr> <td style="vertical-align: bottom; width: 24%; text-align: center; color: #141213"><b><span id="xdx_900_eoef--HighestQuarterlyReturnLabel_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zyJq9ljxo2v7">Highest Quarterly Return</span>:</b></td> <td style="width: 2%"> </td> <td style="vertical-align: bottom; width: 24%; text-align: center; color: #141213"><b><span id="xdx_903_eoef--LowestQuarterlyReturnLabel_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zh0gtp8EAK76">Lowest Quarterly Return</span>:</b></td> </tr> <tr> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_901_eoef--BarChartHighestQuarterlyReturnDate_dxL_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zwRCj91AZoQ6" title="::XDX::2020-06-30"><span style="-sec-ix-hidden: xdx2ixbrl0262">2nd Quarter of 2020</span></span></td> <td> </td> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_901_eoef--BarChartLowestQuarterlyReturnDate_dxL_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_z8ipZefwXqr1" title="::XDX::2022-06-30"><span style="-sec-ix-hidden: xdx2ixbrl0263">2nd Quarter of 2022</span></span></td> </tr> <tr> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_903_eoef--BarChartHighestQuarterlyReturn_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zJBpSorjxf4l">28.79%</span></td> <td> </td> <td style="vertical-align: top; text-align: center; color: #141213"><span id="xdx_902_eoef--BarChartLowestQuarterlyReturn_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zSoUalmBJAb7">-24.18%</span></td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0">The performance information above is calculated based on a <span id="xdx_90B_eoef--YearToDateReturnLabel_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zvRgnRKFGq7h">calendar year</span>. The Fund’s total return (not annualized) for the six-month period ended <span id="xdx_90E_eoef--BarChartYearToDateReturnDate_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_ze3l3bN14Uo7">June 30, 2026</span> was <span id="xdx_904_eoef--BarChartYearToDateReturn_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zSwjaRZjy5El">13.15%</span>.</p> Highest Quarterly Return Lowest Quarterly Return 0.2879 -0.2418 calendar year 2026-06-30 0.1315 <div id="xdx_A8E_eoef--PerformanceTableTextBlock_zFHANkqZiT46"></div> <table cellpadding="0" cellspacing="0" id="xdx_A57_dU_zBj5rWb6irr3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Average Annual Total Returns"> <tr style="vertical-align: bottom"> <td style="border-top: Black 1pt solid; color: #141213"><b>TABLE II</b></td> <td style="border-top: Black 1pt solid"> </td> <td colspan="2" id="xdx_49A_20250101__20251231_zx1HIN4NPexf" style="border-top: Black 1pt solid; text-align: center"> </td> <td style="border-top: Black 1pt solid"> </td> <td style="border-top: Black 1pt solid"> </td> <td colspan="2" id="xdx_49C_20210101__20251231_z6DW1ajYe6mf" style="border-top: Black 1pt solid; text-align: center"> </td> <td style="border-top: Black 1pt solid"> </td> <td style="border-top: Black 1pt solid"> </td> <td colspan="2" id="xdx_493_20160101__20251231_zGVJeaW8Zv1h" style="border-top: Black 1pt solid; text-align: center"> </td> <td style="border-top: Black 1pt solid"> </td> </tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td id="xdx_98A_eoef--PerformanceTableHeading_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_z0cLbyAqF2y1" style="border-bottom: Black 1pt solid"><b>Equity Fund Average Annual Total Returns<br/>(for the periods ended December 31, 2025)</b></td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> </tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> <td> </td> <td colspan="2" style="text-align: center"> </td> <td> </td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; color: #141213"><b>Investor Shares</b></td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>1 Year</b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>5 Years</b></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>10 Years</b></td> <td style="padding-bottom: 1pt"> </td> </tr> <tr id="xdx_40F_eoef--AvgAnnlRtrPct_dp_hoef--ClassAxis__custom--C000049546Member_zRVh30P7hbpg" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_902_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000049546Member_zL2eVtYh0Zn3">Return Before Taxes</span></td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">10.66</td> <td style="width: 1%; text-align: left; white-space: nowrap">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">5.28</td> <td style="width: 1%; text-align: left; white-space: nowrap">%</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td> <td style="width: 9%; text-align: right">12.44</td> <td style="width: 1%; text-align: left; white-space: nowrap">%</td> </tr> <tr id="xdx_40C_eoef--AvgAnnlRtrPct_dp_hoef--ClassAxis__custom--C000049546Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsMember_z5mZTNSaTcT9" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_900_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000049546Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsMember_zHP9ur6fpYNe">Return After Taxes on Distributions</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9.41</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3.34</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">10.34</td> <td style="text-align: left; white-space: nowrap">%</td> </tr> <tr id="xdx_40A_eoef--AvgAnnlRtrPct_dp_hoef--ClassAxis__custom--C000049546Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsAndSalesMember_zvTRjyULhI9l" style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_904_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000049546Member__oef--PerformanceMeasureAxis__oef--AfterTaxesOnDistributionsAndSalesMember_zaRblZrG5Hra">Return After Taxes on Distributions and Sale of Fund Shares</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">7.19</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">3.64</td> <td style="text-align: left; white-space: nowrap">%</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right">9.70</td> <td style="text-align: left; white-space: nowrap">%</td> </tr> <tr style="vertical-align: bottom"> <td style="text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Institutional Shares⁽¹⁾</b></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left; white-space: nowrap"> </td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_902_eoef--AverageAnnualReturnLabel_c20260729__20260729__oef--ClassAxis__custom--C000221189Member_zlVJYn9nn7h9">Return Before Taxes</span></td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98B_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221189Member_fKDEp_zb1Ejnsksu76" style="border-bottom: Black 1pt solid; text-align: right">10.94</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_983_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221189Member_fKDEp_z0fSffF3OPM4" style="border-bottom: Black 1pt solid; text-align: right">5.52</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_982_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221189Member_fKDEp_zEvf9gC0FYib" style="border-bottom: Black 1pt solid; text-align: right">8.98</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">S&amp;P 500^® Index <br/> (reflects no deduction for fees, expenses or taxes)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--SAndP500IndexMember_fKDEp_z7dD1dbLbZSh" style="border-bottom: Black 1pt solid; text-align: right">17.88</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98A_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--SAndP500IndexMember_fKDEp_z8E7RNClyzHf" style="border-bottom: Black 1pt solid; text-align: right">14.42</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--SAndP500IndexMember_fKDEp_zlgkryWd6oT7" style="border-bottom: Black 1pt solid; text-align: right">14.82</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">MSCI EAFE Index <br/> (reflects no deduction for fees, expenses, or taxes)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_985_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--MSCIEAFEIndexMember_fKDEp_zO84wG9KPJR7" style="border-bottom: Black 1pt solid; text-align: right">27.89</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_983_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--MSCIEAFEIndexMember_fKDEp_zkoIgJqEIk74" style="border-bottom: Black 1pt solid; text-align: right">8.78</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_98D_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--MSCIEAFEIndexMember_fKDEp_znFSgOwuQRRj" style="border-bottom: Black 1pt solid; text-align: right">(1.88</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)%</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Blended Benchmark<br/> (<span id="xdx_907_eoef--IndexNoDeductionForFeesExpensesTaxes_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zHBJrlmw3VG9">reflects no deduction for fees, expenses, or taxes</span>)</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_980_eoef--AvgAnnlRtrPct_dp_c20250101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--BlendedBenchmarkMember_fKDEp_zTW5I3pC7Jui" style="border-bottom: Black 1pt solid; text-align: right">18.90</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_984_eoef--AvgAnnlRtrPct_dp_c20210101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--BlendedBenchmarkMember_fKDEp_zn9dXAj7gQMi" style="border-bottom: Black 1pt solid; text-align: right">26.60</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> <td style="border-bottom: Black 1pt solid; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td id="xdx_983_eoef--AvgAnnlRtrPct_dp_c20160101__20251231__oef--ClassAxis__custom--C000221189Member__oef--PerformanceMeasureAxis__custom--BlendedBenchmarkMember_fKDEp_zJLJdtCUN5Fh" style="border-bottom: Black 1pt solid; text-align: right">10.53</td> <td style="border-bottom: Black 1pt solid; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">%</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td id="xdx_F08_zE9EnUz46OT5" style="width: 0.25in; text-align: left">(1)</td> <td id="xdx_F13_zMrDA12M0kW5" style="text-align: justify">Performance shown for the Institutional Shares prior to its commencement of operations on <span id="xdx_903_eoef--PerfInceptionDate_c20260729__20260729__dei--LegalEntityAxis__custom--C000221189Member_zkH76RJPgUZf">August 3, 2020</span> reflects the performance of the Investor Shares adjusted for Institutional Shares fees and expenses.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> Equity Fund Average Annual Total Returns(for the periods ended December 31, 2025) Return Before Taxes 0.1066 0.0528 0.1244 Return After Taxes on Distributions 0.0941 0.0334 0.1034 Return After Taxes on Distributions and Sale of Fund Shares 0.0719 0.0364 0.0970 Return Before Taxes 0.1094 0.0552 0.0898 0.1788 0.1442 0.1482 0.2789 0.0878 -0.0188 reflects no deduction for fees, expenses, or taxes 0.1890 0.2660 0.1053 2020-08-03 <p id="xdx_A8A_eoef--PerformanceTableClosingTextBlock_ze6fAI2mGN11" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.25in; margin-top: 0; margin-bottom: 0"><span id="xdx_90B_eoef--PerformanceTableUsesHighestFederalRate_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zd38L7pagTaa">After-tax returns are calculated using the highest individual federal marginal income tax rates in effect during such years and do not reflect the impact of state or other local taxes.</span> <span id="xdx_901_eoef--PerformanceTableNotRelevantToTaxDeferred_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zDWimBIZgjef">Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.</span> <span id="xdx_90D_eoef--PerformanceTableOneClassOfAfterTaxShown_c20260729__20260729__dei--LegalEntityAxis__custom--S000017841Member_zA0o0VFnhpLe">After tax returns are shown for only Investor Shares and after-tax returns for Institutional Shares will vary.</span></p> After-tax returns are calculated using the highest individual federal marginal income tax rates in effect during such years and do not reflect the impact of state or other local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After tax returns are shown for only Investor Shares and after-tax returns for Institutional Shares will vary. The Funds’ Advisor, Wisconsin Capital Management, LLC (the “Advisor”), has contractually agreed, at least until July 31, 2027 to waive fees and reimburse expenses of the Balanced Fund so as to cap its annual operating expense ratios (excluding Acquired Fund Fees and Expenses) at 1.44% of its average daily net assets for Investor Shares and 1.19% of its average daily net assets for Institutional Shares. This expense cap may not be terminated prior to this date except by the Board of Directors. For any year in which the Fund’s actual operating expense ratio is lower than the applicable cap, the Advisor may recoup any or all of the fees it has waived and/or the expenses it has reimbursed during the immediately preceding 36 months, provided the amount of recoupment in any year shall be limited so that it does not cause the Fund’s total operating expenses, after recoupment has been taken into account, to exceed the current cap or the applicable cap at the time of waiver for that year. The returns shown in the bar chart are for Investor Shares of the Fund. Institutional Shares would have substantially similar annual returns because the shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes do not have the same expenses. Performance shown for the Institutional Shares prior to its commencement of operations on August 3, 2020 reflects the performance of the Investor Shares adjusted for Institutional Shares fees and expenses. The returns shown in the bar chart are for Investor Shares of the Fund. Institutional Shares would have substantially similar annual returns because the shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the classes do not have the same expenses. Performance shown for the Institutional Shares prior to its commencement of operations on August 3, 2020 reflects the performance of the Investor Shares adjusted for Institutional Shares fees and expenses.