# EDGAR Filing Document

**Accession Number:** 0000092500
**File Stem:** 0001193125-23-083151
**Filing Date:** 2023-3
**Character Count:** 17475
**Document Hash:** 426f125371ede5fc7c332f1359a1e817
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-083151.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001193125-23-083151

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**EFFECTIVENESS DATE**: 20230329

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STEWARD FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000092500
- **IRS NUMBER:** 751281784
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-28174
- **FILM NUMBER:** 23772579

**BUSINESS ADDRESS:**
- **STREET 1:** 15375 MEMORIAL DRIVE, SUITE 200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77079
- **BUSINESS PHONE:** 713-260-9000

**MAIL ADDRESS:**
- **STREET 1:** 15375 MEMORIAL DRIVE, SUITE 200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77079

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CHRISTIAN STEWARDSHIP FUNDS
- **DATE OF NAME CHANGE:** 20021126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAPSTONE CHRISTIAN VALUES FUND INC
- **DATE OF NAME CHANGE:** 20011119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CAPSTONE FIXED INCOME SERIES INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Steward Values-Focused Large Cap Enhanced Index Fund (Series ID: S000003648)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | SEEKX         | C000010134 |
| Institutional Class | SEECX         | C000010135 |
| Class C             | SEEBX         | C000195827 |
| Class R6            | SEEHX         | C000195828 |

---

### Steward Select Bond Fund (Series ID: S000003814)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Institutional Class | SEACX         | C000010642 |
| Class A             | SEAKX         | C000010643 |
| Class C             | SEAAX         | C000195829 |
| Class R6            | SEABX         | C000195830 |

---

### Steward International Enhanced Index Fund (Series ID: S000010863)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | SNTKX         | C000030111 |
| Institutional Class | SNTCX         | C000030112 |
| Class R6            | SNTFX         | C000195831 |
| Class C             | SNTDX         | C000195832 |

---

### Steward Global Equity Income Fund (Series ID: S000021424)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | SGIDX         | C000061277 |
| Institutional Class | SGISX         | C000061278 |
| Class C             | SGIFX         | C000195833 |
| Class R6            | SGIGX         | C000195834 |

---

### Steward Values-Focused Small-Mid Cap Enhanced Index Fund (Series ID: S000056289)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | TRDFX         | C000177432 |
| Institutional Class | SCECX         | C000177433 |
| Class C             | SSMEX         | C000195835 |
| Class R6            | SSMOX         | C000195836 |

---

### Steward Covered Call Income Fund (Series ID: S000059856)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | SCJAX         | C000195823 |
| Class C             | SCJCX         | C000195824 |
| Class R6            | SCJKX         | C000195825 |
| Institutional Class | SCJIX         | C000195826 |

---

### Steward Equity Market Neutral Fund (Series ID: S000074384)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class C             | SMNCX         | C000232241 |
| Class R6            | SMNRX         | C000232242 |
| Institutional Class | SMNIX         | C000232243 |
| Class A             | SMNAX         | C000232244 |

---

### Steward Large Cap Core Fund (Series ID: S000074385)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | SJCAX         | C000232245 |
| Class C             | SJCCX         | C000232246 |
| Class R6            | SJCRX         | C000232247 |
| Institutional Class | SJCIX         | C000232248 |

---

### Steward Large Cap Growth Fund (Series ID: S000074386)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Institutional Class | SJGIX         | C000232249 |
| Class R6            | SJGRX         | C000232250 |
| Class A             | SJGAX         | C000232251 |
| Class C             | SJGCX         | C000232252 |

---

### Steward Large Cap Value Fund (Series ID: S000074387)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class C             | SJVCX         | C000232253 |
| Class R6            | SJVRX         | C000232254 |
| Institutional Class | SJVIX         | C000232255 |
| Class A             | SJVAX         | C000232256 |

---

### Steward Small Cap Growth Fund (Series ID: S000074388)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | SKGAX         | C000232257 |
| Class C             | SKGCX         | C000232258 |
| Institutional Class | SKGIX         | C000232259 |
| Class R6            | SKGRX         | C000232260 |

---

## Series and Classes Contracts Data

### Steward Values-Focused Large Cap Enhanced Index Fund (Series ID: S000003648)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000010134 | Class A             | SEEKX           |
| C000010135 | Institutional Class | SEECX           |
| C000195827 | Class C             | SEEBX           |
| C000195828 | Class R6            | SEEHX           |

### Steward Select Bond Fund (Series ID: S000003814)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000010642 | Institutional Class | SEACX           |
| C000010643 | Class A             | SEAKX           |
| C000195829 | Class C             | SEAAX           |
| C000195830 | Class R6            | SEABX           |

### Steward International Enhanced Index Fund (Series ID: S000010863)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000030111 | Class A             | SNTKX           |
| C000030112 | Institutional Class | SNTCX           |
| C000195831 | Class R6            | SNTFX           |
| C000195832 | Class C             | SNTDX           |

### Steward Global Equity Income Fund (Series ID: S000021424)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000061277 | Class A             | SGIDX           |
| C000061278 | Institutional Class | SGISX           |
| C000195833 | Class C             | SGIFX           |
| C000195834 | Class R6            | SGIGX           |

### Steward Values-Focused Small-Mid Cap Enhanced Index Fund (Series ID: S000056289)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000177432 | Class A             | TRDFX           |
| C000177433 | Institutional Class | SCECX           |
| C000195835 | Class C             | SSMEX           |
| C000195836 | Class R6            | SSMOX           |

### Steward Covered Call Income Fund (Series ID: S000059856)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000195823 | Class A             | SCJAX           |
| C000195824 | Class C             | SCJCX           |
| C000195825 | Class R6            | SCJKX           |
| C000195826 | Institutional Class | SCJIX           |

### Steward Equity Market Neutral Fund (Series ID: S000074384)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000232241 | Class C             | SMNCX           |
| C000232242 | Class R6            | SMNRX           |
| C000232243 | Institutional Class | SMNIX           |
| C000232244 | Class A             | SMNAX           |

### Steward Large Cap Core Fund (Series ID: S000074385)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000232245 | Class A             | SJCAX           |
| C000232246 | Class C             | SJCCX           |
| C000232247 | Class R6            | SJCRX           |
| C000232248 | Institutional Class | SJCIX           |

### Steward Large Cap Growth Fund (Series ID: S000074386)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000232249 | Institutional Class | SJGIX           |
| C000232250 | Class R6            | SJGRX           |
| C000232251 | Class A             | SJGAX           |
| C000232252 | Class C             | SJGCX           |

### Steward Large Cap Value Fund (Series ID: S000074387)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000232253 | Class C             | SJVCX           |
| C000232254 | Class R6            | SJVRX           |
| C000232255 | Institutional Class | SJVIX           |
| C000232256 | Class A             | SJVAX           |

### Steward Small Cap Growth Fund (Series ID: S000074388)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000232257 | Class A             | SKGAX           |
| C000232258 | Class C             | SKGCX           |
| C000232259 | Institutional Class | SKGIX           |
| C000232260 | Class R6            | SKGRX           |

**STEWARD FUNDS, INC.** 

on behalf of its series

**Steward Covered Call Income Fund** 

**Steward Equity Market Neutral Fund** 

**Steward Global Equity Income Fund** 

**Steward International Enhanced Index Fund** 

**Steward Large Cap Core Fund** 

**Steward Large Cap Growth Fund** 

**Steward Large Cap Value Fund** 

**Steward Select Bond Fund** 

**Steward Small Cap Growth Fund** 

**Steward Values-Focused Large Cap Enhanced Index Fund** 

**Steward Values-Focused Small-Mid Cap Enhanced Index Fund (the "Funds")** 

Supplement dated March 29, 2023 to the Currently Effective Statement of Additional Information dated August 28, 2022

This Supplement reports the following changes to information in the Funds' Statement of Additional Information dated August 28, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. The following disclosure is added at the end of the "Administration, Fund Accounting and Sub-Administration Services, Compliance Services, Class Action and Fair Fund Services, Transfer Agency and Service, and Master Services Agreements" section of the Statement of Additional Information:

Pursuant to a Fund PFO/Treasurer Agreement with SFI dated January 1, 2023, Foreside Fund Officer Services, LLC ("Foreside"), a wholly owned subsidiary of Foreside Financial Group, LLC (d/b/a ACA Group), 3 Canal Plaza, Suite 100, Portland, Maine 04101, provides principal financial officer services to the Funds by making available a senior financial professional who serves as Treasurer of the Funds. Foreside receives a fee from the Funds for the services provided, which is paid monthly in arrears. Foreside is also reimbursed by the Funds for certain out-of-pocket expenses.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Effective March 8, 2023, Monique Labbe replaced Michael L. Kern, III as Treasurer of the Funds. Michael L.
Kern, III remains President of the Funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. The following replaces existing similar disclosure contained in the "Directors and Executive
Officers" section of the Statement of Additional Information:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name, Address, Age** | **Position(s) Held**<br> **with Funds** | **Term of**<br> **Office<sup>1</sup> and**<br> **Length of**<br> **Time**<br> **Served** | **Principal Occupation(s) During Past 5 Years** | **Other Directorships/<br>Trusteeships Held<br>by Officer During the Past<br>5 Years** |
| **Executive Officers** |  |  |  |  |
| Michael L. Kern, III, CFA<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1973 | President | Since 2016 | President, CEO and Treasurer, Crossmark Global Holdings, Inc. (May 2015 - Present); President, CEO and Treasurer, Crossmark Global Investments, Inc. and Crossmark Distributors, Inc. (2016 - Present); Secretary, Crossmark Global Investments, Inc. and Crossmark Distributors, Inc. (2016 - 2018) | Foundation Capital Resources (2015- Present); GSV Fund Management Company (2020 - Present) |
| Robert C. Doll, CFA<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1954 | Executive Vice President | Since 2021 | Chief Investment Officer, Crossmark Global Investments, Inc. (2021 - Present); Chief Equity Strategist and Senior Portfolio Manager, Nuveen (November 2012 - March 2021) | N/A |
| James Jacoby<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1968 | Executive Vice President, Derivatives Risk Manager and Liquidity Risk Management Program Administrator | Since 2022 | Chief Operating Officer, Crossmark Global Investments, Inc. (2022 - present); Global Head of Performance and Risk, Invesco, Ltd. (2007 - 2022) | N/A |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name, Address, Age** | **Position(s) Held**<br> **with Funds** | **Term of**<br> **Office<sup>1</sup> and**<br> **Length of**<br> **Time**<br> **Served** | **Principal Occupation(s) During Past 5 Years** | **Other Directorships/<br>Trusteeships Held<br>by Officer During the Past<br>5 Years** |
| Brent Lium, CFA<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1969 | Executive Vice President | Since 2019 | Managing Director – Head of Equity Investments, Crossmark Global Investments, Inc. (February 2021 - Present); Managing Director, Crossmark Global Investments, Inc. (2019 - February 2021); Portfolio Manager, Invesco Ltd. (2001 - 2019) | N/A |
| Rob Botard, CFA<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1970 | Executive Vice President | Since 2022 | Managing Director and Portfolio Manager, Crossmark Global Investments, Inc. (April 2022 - Present); Portfolio Manager, Invesco Ltd. (April 2011- April 2022) | N/A |
| Victoria Fernandez, CFA<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1973 | Executive Vice President | Since 2014 | Chief Market Strategist, Crossmark Global Investments, Inc. (2018 - Present); Managing Director – Fixed Income Investments, Crossmark Global Investments, Inc. (2012 - 2018) | N/A |
| Paul Townsen<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1971 | Executive Vice President | Since 2017 | Managing Director – Head of Trading & Investment Operations (2021 - Present); Managing Director, Crossmark Global Investments, Inc, (2017 - 2021) | N/A |
| Ryan Caylor, CFA<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1988 | Executive Vice President | Since 2020 | Portfolio Manager, Crossmark Global Investments, Inc. (2020 - Present); Head of Research, Crossmark Global Investments, Inc. (2019 - Present); Senior Research Analyst, Crossmark Global Investments, Inc. (2016 - 2019) | N/A |
| Heather Lindsey<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1973 | Executive Vice President | Since 2022 | Managing Director – Head of Distribution, Crossmark Global Investments, Inc. (August 2021 - Present); Senior Vice President – Head of Strategic Accounts, Invesco Ltd. (March 2018 - March 2020), Senior Director - Retirement & Insurance Platforms, Invesco Ltd. (April 2008 - February 2018) | N/A |
| Jim A. Coppedge<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1968 | Executive Vice President, Chief Compliance Officer, Secretary and Assistant Treasurer | Since 2017 | General Counsel and Chief Compliance Officer, Crossmark Global Investments, Inc. (2017 - Present); General Counsel and Chief Compliance Officer, Crossmark Distributors, Inc. (December 11, 2017 - Present); Secretary, Crossmark Global Investments, Inc. and Crossmark Distributors, Inc. (2018 - Present) | N/A |
| Monique Labbe<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1973 | Treasurer | Since 2023 | Senior Principal Consultant, ACA Group (2022 - Present); Fund Treasurer and Principal Financial Officer, Foreside Financial Group, LLC (2014 - 2022) | N/A |
| Brystal Eshenroder<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1989 | Assistant Secretary | Since 2023 | Senior Compliance and Fund Administration Manager (2022 - Present); Regional Compliance Manager for Private Wealth Management, Goldman Sachs & Co. LLC (2021); Global Compliance Employee Services, Goldman Sachs & Co. LLC (2017 - 2021) | N/A |
| Patricia Mims<br> 15375 Memorial Drive,<br> Suite 200<br> Houston, TX 77079<br> Birth Year: 1960 | Assistant Treasurer | Since 2021 | Financial Operations Principal, Crossmark Distributors, Inc. (2018 - Present); Senior Compliance Officer, Crossmark Global Investments, Inc. (October 2018 - 2020); Assistant Secretary, Crossmark Global Investments, Inc. and Crossmark Distributors, Inc. (2018 - 2020); Senior Compliance Associate, Crossmark Global Investments, Inc. (April 2013 - October 2018) | N/A |

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<sup>1</sup> SFI officers are elected by the Board annually and hold office until the next annual Board meeting at which officers are elected and until his or her successor is elected and qualified.

Please retain this Supplement for future reference.