Because bond fund managers, traditionally, had made relatively modest impacts of their funds’ absolute returns, Manager Changes typically highlights changes in equity and hybrid funds.
|
Ticker |
Fund |
Out with the old |
In with the new |
Dt |
|
AFNAX |
AAM/Bahl & Gaynor Income Growth Fund |
No one, but . . . |
James Russell joins the extensive team |
1/15 |
|
AFXAX |
American Beacon Flexible Bond Fund |
Sauimil Parikh has left the team |
Marc Seidner joined the team |
1/15 |
|
MMCFX |
AMG Managers Emerging Opportunities Fund |
Donald Longlet no longer serves as a portfolio manager |
Thoman Dignard has joined the other 12 people on the team |
1/15 |
|
BFSAX |
BFS Equity Fund |
No one, but . . . |
In a slight shuffle, Keith LaRose is no longer the lead portfolio manager, but he remains a co-manager on the fund. Timothy Foster steps up to lead manager position. Thomas Sargent remains as a co-portfolio manager. |
1/15 |
|
BEEAX |
BlackRock Emerging Market Allocation Portfolio |
David Dali is out, after only five months as a portfolio manager. |
Jeff Shen and Gerardo Rodriguez carry on. |
1/15 |
|
BMMAX |
BlackRock Multi-Manager Alternative Strategies Fund |
Loeb King Capital Management will no longer be a sub-adviser to the fund because, well, Loeb King is getting out of the business entirely. |
The other sub-advisers will take over the portion of the fund formerly managed by Loeb King. |
1/15 |
|
BUFHX |
Buffalo High Yield Fund |
No one, but . . . |
Jeffrey Deardorff has joined Paul Dlugosch, Alexander Hancock, and Jeffrey Sitzmann in managing the fund |
1/15 |
|
BUFSX |
Buffalo Small Cap Fund |
John Bichelmeyer no longer serves as a portfolio manager |
Jamie Cuellar has joined the team of Kent Gasaway and Robert Male to manage the fund. |
1/15 |
|
MLOAX |
Cohen & Steers Mlp & Energy Opportunity Fund |
No one, but . . . |
Robert Becker and Benjamin Morton are joined by Tyler Rosenlicht |
1/15 |
|
NMGIX |
Columbia Marsico Growth Fund |
No one, but . . . |
Kevin Boone joins Coralie Witter and Thomas Marsico on the fund management team. |
1/15 |
|
CGOAX |
Columbia Small Cap Growth Fund I |
No one, but . . . |
Daniel Cole joins Wayne Collette, Lawrence Lin, and Rahul Narang as a comanager on the fund |
1/15 |
|
AAAAX |
Deutsche Alternative Asset Allocation Fund |
No one, but . . . |
Pankah Bhatnagar and Darwei Kung are joined by John Vojticek |
1/15 |
|
ETEGX |
Eaton Vance Small-Cap Fund |
No one, but . . . |
Michael McLean and J. Griffith Noble have joined Nancy Tooke in managing the fund. |
1/15 |
|
EVSEX |
Eaton Vance Special Equities Fund |
No one, but . . . |
Michael McLean and J. Griffith Noble have joined Nancy Tooke in managing the fund. |
1/15 |
|
SAOAX |
Guggenheim Alpha Opportunity Fund |
Michael Byrum and Ryan Harder are no longer listed as portfolio managers |
Jayson Flowers, Burak Hurmeydan, Samir Sanghai, and Farhan Sharaff are now listed as portfolio managers |
1/15 |
|
HACMX |
Harbor Commodity Real Return Strategy Fund |
No one, but . . . |
Nicholas Johnson and Jeremie Banet joined Mihir Worah as portfolio managers |
1/15 |
|
HARRX |
Harbor Real Return Fund |
No one, but . . . |
Jeremie Banet joined Mihir Worah as portfolio manager |
1/15 |
|
HAUBX |
Harbor Unconstrained Bond Fund |
Sauimil Parikh is no longer listed as a portfolio manager |
Marc Seidner joined Mohsen Fahmi and Daniel Ivascyn as a portfolio manager |
1/15 |
|
NWQAX |
Nuveen NWQ Flexible Income Fund |
Michael Carne is no longer a portfolio manager, an odd and disturbing development since he’s done a splendid job of building a distinctive, conservative little fund here. |
Susi Budiman and Thomas Ray have taken over. |
1/15 |
|
OAFIX |
Optimum Fixed Income Fund |
Sauimil Parikh is no longer listed as a portfolio manager |
Jerome Schneider and Marc Seidner join the team of Christopher Testa, Steven Landis, J. David Hillmeyer, Roger Early, Wen-Dar Chen, and Paul Grillo |
1/15 |
|
PXINX |
Pax MSCI International ESG Index Fund |
No one, but . . . |
Scott LaBreche and Greg Hasevlat join Christopher Brown in managing the fund |
1/15 |
|
PXHAX |
PaxWorld High Yield Bond Fund |
No one, but . . . |
Mary Austin is joined by Kent Siefers |
1/15 |
|
PCLAX |
PIMCO CommoditiesPLUS® Strategy Fund |
No one, but . . . |
Greg Sharenow has joined Nicholas Johnson in managing the fund |
1/15 |
|
PCRAX |
PIMCO CommodityRealReturn Strategy Fund® |
No one, but . . . |
Nicholas Johnson and Jeremie Banet joined Mihir Worah as portfolio managers |
1/15 |
|
PZRMX |
PIMCO Inflation Response Multi-Asset Fund |
No one, but . . . |
Nicholas Johnson joined Mihir Worah as a portfolio manager |
1/15 |
|
PIPAX |
PIMCO International StocksPLUS AR Strategy |
Saumil Parikh |
Mohsen Fahmi and Sudi Mariappa |
1/15 |
|
PRAIX |
PIMCO Real Return Asset Fund |
No one, but . . . |
Jeremie Banet joins Mihir Worah in managing the fund |
1/15 |
|
PRTNX |
PIMCO Real Return Fund |
No one, but . . . |
Jeremie Banet joins Mihir Worah in managing the fund |
1/15 |
|
PETAX |
PIMCO RealEstateRealReturn Strategy Fund |
No one, but . . . |
Nicholas Johnson and Jeremie Banet joined Mihir Worah as portfolio managers |
1/15 |
|
PUBAX |
PIMCO Unconstrained Bond Fund |
Sauimil Parikh is no longer listed as a portfolio manager. |
Marc Seidner joins Mohsen Fahmi and Daniel Ivascyn as a portfolio manager. I wonder what’s up with all the turnover at PIMCO? |
1/15 |
|
PLBBX |
Plumb Balanced Fund |
Timothy O’Brien and Ken Cavalluzzo are no longer associated with the funds. |
Thomas Plumb and Nathan Plumb carry on. |
1/15 |
|
PLBEX |
Plumb Equity Fund |
Timothy O’Brien and Ken Cavalluzzo are no longer associated with the funds. |
Thomas Plumb and Nathan Plumb carry on. |
1/15 |
|
PMDEX |
PMC Diversified Equity Fund |
No one, but . . . |
Janis Zvingelis joins the extensive team |
1/15 |
|
PNRAX |
Putnam Research Fund |
Steven Curbow is no longer listed as a portfolio manager |
Jacquelyne Cavanaugh and Kathryn Lakin join Neil Desai, Aaron Cooper, Walter Scully, Ferat Ongoren, and Kelsey Chen |
1/15 |
|
STCIX |
RidgeWorth Large Cap Growth Stock Fund |
Joe Ransom is no longer listed as a portfolio manager on the fund |
Christopher Guinther, Michael Sansoterra, and Sandeep Bhatia will continue on |
1/15 |
|
SCGIX |
RidgeWorth Small Cap Growth Stock Fund |
Joe Ransom is no longer listed as a portfolio manager on the fund |
Christopher Guinther, Michael Sansoterra, and Sandeep Bhatia will continue on |
1/15 |
|
RSCHX |
RS China Fund |
No one, but . . . |
Michael Ade joins Michael Reynal and Tony Chu in managing the fund. |
1/15 |
|
GBEMX |
RS Emerging Markets Fund |
No one, but . . . |
Michael Ade joins Michael Reynal in managing the fund. |
1/15 |
|
RSMSX |
RS Emerging Markets Small Cap Fund |
No one, but . . . |
Michael Ade and Peter Luo join Michael Reynal in managing the fund |
1/15 |
|
TRECX |
T. Rowe Price Emerging Markets Corporate Bond Fund |
Michael Conelius, the lead guy on Price’s EM bond team, will step down as portfolio manager in October 2015, at which point … |
Samy Muaddi takes over management of the fund. |
1/15 |
|
PACEX |
T. Rowe Price Emerging Markets Corporate Bond Fund Advisor |
Michael Conelius phases out in October 2015 |
Samy Muaddi takes over management of the fund |
1/15 |
|
TASVX |
Target Small Capitalization Value Fund |
As part of a change in strategy and policies, the existing subadvisors are out, along with Morley Campbell, Phillip Hart, Chad Fargason, Dennis Alfff, Robert Weller, Robert Bridges, and John Mowrey. |
Quantitative Management Associates is the new subadvisor. The new portfolio management team consists of Stephen Courtney, Robert Leung, Mitchell Stern, and Deborah Woods. |
1/15 |
|
FINEX |
Templeton Foreign Smaller Companies Fund |
Cynthia Sweeting and Martin Cobb, who were added on the same day in 2011 were also moved off the fund on the same day in 2015. |
Manager Harlan Hodes is joined by David Tuttle, hoping to discover a way out of a four year run of regrettable performance. |
1/15 |
|
HEQFX |
The Henssler Equity Fund |
Theodore Parrish no longer serves as a portfolio manager for the fund |
Gene Henssler, Scott Keller, William Lako, and Troy Harmon remain. |
1/15 |
|
VCVSX |
Vanguard Convertible Securities Fund |
Larry Keele, who cofounded Oaktree and has been managing the fund since 1996, retires in June. |
Stuart Spangler joins the existing team of Larry Keele, Jean-Paul Nedelec, and Abe Ofer |
1/15 |
|
CBEAX |
Wells Fargo Advantage C&B Large Cap Value Fund |
No one, but . . . |
Andrew Armstrong joins the rest of the team |
1/15 |
|
STYAX |
Wells Fargo Advantage Income Plus Fund |
No one, but . . . |
Noah Wise is added as a portfolio manager. He will join Thomas Price, Michael Bray, and Janet Rilling |
1/15 |
|
GVIEX |
Wilmington Multi-Manager International Fund |
George Chen is no longer a portfolio manager |
The rest of the extensive team remains. |
1/15 |
|
WMMRX |
Wilmington Multi-Manager Real Assets Fund |
George Chen is no longer a portfolio manager |
David Stein, Thomas Seto, Todd Murphy, Thomas Pierce, Mihir Worah, Joseph Smith, T. Ritson Ferguson, and Steven Burton remain. |
1/15 |
