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 |
| IICAX | AMF Large Cap Equity Fund | Mark Trautman and John McCabe are retiring as the portfolio managers effective December 31, 2015. | They will be replaced by Robert Jones and Ana Galliano on January 1, 2016 | 11/15 |
| BACAX | BlackRock All-Cap Energy & Resources Portfolio | No one, but . . . | Alastair Bishop has joined Robin Batchelor and Poppy Allonby in managing the fund. | 11/15 |
| SSGRX | BlackRock Energy & Resources Portfolio | No one, but . . . | Joshua Freedman has joined Robin Batchelor and Poppy Allonby in managing the fund. | 11/15 |
| BMMAX | BlackRock Multi-Manager Alternative Strategies Fund | Achievement Asset Management will no longer be a subadviser to the fund. | Pine River Capital Management and Marathon Asset Management have been added as subadvisers. | 11/15 |
| CAAAX | Calvert Aggressive Allocation Fund | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Joshua Linder is joined by John Nichols and Vishal Khanduja | 11/15 |
| CSIFX | Calvert Balanced Portfolio | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Matthew Duch, Vishal Khanduja, and Joshua Linder are joined by Jade Huang, Christopher Madden, Kurt Moeller, Mauricio Agudelo, and Brian Ellis. | 11/15 |
| CCLAX | Calvert Conservative Allocation Fund | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Joshua Linder is joined by John Nichols and Vishal Khanduja | 11/15 |
| CEIAX | Calvert Global Equity Income Fund | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Rachel Volynsky and Yvonne Bishop will continue to serve as portfolio managers for the fund. | 11/15 |
| CLVAX | Calvert Global Value Fund | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Rachel Volynsky and Yvonne Bishop will continue to serve as portfolio managers for the fund. | 11/15 |
| CWVGX | Calvert International Equity Fund | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Joshua Linder, Christopher Madden, Kurt Moeller, and Jade Huang have taking over management of the fund. | 11/15 |
| CMIFX | Calvert Large Cap Core Portfolio | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Joshua Linder, Christopher Madden, Kurt Moeller, and Jade Huang have taking over management of the fund. | 11/15 |
| CMAAX | Calvert Moderate Allocation Fund | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Joshua Linder is joined by John Nichols and Vishal Khanduja | 11/15 |
| CCVAX | Calvert Small Cap Fund | Natalie Trunow will no longer serve as a portfolio manager for the fund. | Joshua Linder, Christopher Madden, Kurt Moeller, and Jade Huang have taking over management of the fund. | 11/15 |
| SBVAX | Clearbridge Small Cap Value Fund | Peter Hable, Mark Bourguignon, Mark Feasey, and Michael Kang are no longer listed as portfolio managers to the fund. | Tim Daubenspeck and Juan Miguel del Gallego are now listed as portfolio managers. | 11/15 |
| DRSAX | Dreman Contrarian Small Cap Value Fund | E. Clifton Hoover is no longer listed as a portfolio manager on the fund. Mr. Hoover is now Dreman’s CIO. Over his career, he’s managed or helped manage 20 funds. After stepping aside here, he no longer manages any. | Mark Roach, David Brenan, Mario Tufano, and Nelson Woodard will continue to manage the fund. | 11/15 |
| FBALX | Fidelity Balanced Fund | Peter Saperstone is no longer listed as a portfolio manager on the fund. | Peter Dixon joins the rest of the team in managing the fund | 11/15 |
| FSAEX | Fidelity Series All-Sector Equity Fund | Peter Saperstone is no longer listed as a portfolio manager on the fund. | Peter Dixon joins the rest of the team in managing the fund | 11/15 |
| GDAFX | Goldman Sachs Dynamic Allocation Fund | Osman Ali will no longer serve as a portfolio manager for the fund. | William Fallon and James Park will continue on. | 11/15 |
| HYFIX | Harbor High-Yield Bond Fund | Mark Flanagan will be retiring at the end of the year. | Mark Shenkman, Eric Dobbin, Justin Slatky, Steven Schweitzer and Robert Kricheff will continue to serve as co-portfolio managers for the fund. | 11/15 |
| HJPSX | Hennessy Japan Small Cap Fund | Hidehiro Moriya is no longer listed as a portfolio manager on the fund. | Tetsuya Hirano joins Tadahiro Fujimura in managing the fund. It is, by the way, a pretty spectacular little vehicle. | 11/15 |
| HCGAX | HSBC Emerging Markets Debt Fund | Guillermo Ossés will no longer serve as a portfolio manager | Lisa Chua, Vinayak Potti, and Nishant Updhyay will continue to manage the fund. | 11/15 |
| HBMAX | HSBC Emerging Markets Local Debt Fund | Guillermo Ossés will no longer serve as a portfolio manager | Lisa Chua, Vinayak Potti, and Nishant Updhyay will continue to manage the fund. | 11/15 |
| HTRAX | HSBC Total Return Fund | Guillermo Ossés will no longer serve as a portfolio manager | Lisa Chua, Vinayak Potti, and Nishant Updhyay will continue to manage the fund. | 11/15 |
| URTAX | JPMorgan Realty Income Fund | Kay Herr is no longer listed as a portfolio manager on the fund. | Jason Ko remains as manager of the fund. | 11/15 |
| LGBAX | Leader Global Bond Fund | Scott Carmack is no longer listed as a portfolio manager on the fund. | John Lekas continues to manage the fund. | 11/15 |
| LCAMX | Leader Short-Term Bond Fund | Scott Carmack is no longer listed as a portfolio manager on the fund. | John Lekas continues to manage the fund. | 11/15 |
| LCATX | Leader Total Return Fund | Scott Carmack is no longer listed as a portfolio manager on the fund. | John Lekas continues to manage the fund. | 11/15 |
| ALFAX | Lord Abbett Alpha Strategy Fund | No one, but . . . | Giulio Martini joins Robert Gerver in managing the fund. | 11/15 |
| LDSAX | Lord Abbett Diversified Equity Strategy Fund | No one, but . . . | Giulio Martini joins Robert Gerver in managing the fund. | 11/15 |
| LABFX | Lord Abbett Multi-Asset Balanced Opportunity Fund | No one, but . . . | Giulio Martini joins Robert Gerver in managing the fund. | 11/15 |
| LAGEX | Lord Abbett Multi-Asset Global Opportunity Fund | No one, but . . . | Giulio Martini joins Robert Gerver in managing the fund. | 11/15 |
| LWSAX | Lord Abbett Multi-Asset Growth Fund | No one, but . . . | Giulio Martini joins Robert Gerver in managing the fund. | 11/15 |
| ISFAX | Lord Abbett Multi-Asset Income Fund | No one, but . . . | Giulio Martini joins Robert Gerver in managing the fund. | 11/15 |
| MDOSX | Manning & Napier Dynamic Opportunities | Ajay Sadarangani is no longer listed as a portfolio manager on the fund. | Michele Panzeri joins Brian Lester and Habibe Hakiqi in managing the fund | 11/15 |
| MNGSX | Manning & Napier Global Fixed Income | Marc Tommasi is no longer listed as a portfolio manager on the fund. | Marc Bushallow and R. Keith Harwood remain on the fund | 11/15 |
| EXITX | Manning & Napier International | Marc Tommasi and Robert Crawford are no longer listed as portfolio managers to the fund. | Jeffrey Donlon joins Scott Shatuck and Ben Rozin in managing the fund. | 11/15 |
| MEMAX | MFS Emerging Markets Equity Portfolio | On January 1, 2016, Massachusetts Financial Services Company will no longer subadvise the fund. Makes the “MFS” part of the name a bit antique. | Aberdeen Asset Managers will be the new subadviser to the fund. | 11/15 |
| MFMPX | Morgan Stanley Institutional Frontier Emerging Markets Portfolio | No one, but . . . | Pierre Horvilleur joins Tim Drinkall in managing the fund. | 11/15 |
| MELAX | Morgan Stanley Institutional Emerging Markets Leaders Portfolio | No one, but . . . | Vishal Gupta has joined Ashutosh Sinha in managing the fund. | 11/15 |
| NABAX | Neuberger Berman Absolute Return Multi-Manager Fund | No one, but . . . | Portland Hill Capital, LLP, is a new subadviser to the fund. | 11/15 |
| SNAEX | Schroder North American Equity Fund | Stuart Adrian is no longer listed as a portfolio manager on the fund. | Ayse Serinturk joins Stephen Langford, Ben Corris, James Larkman, and Justin Abercrombie on the management team. | 11/15 |
| SMILX | SMI Conservative Allocation Fund | No one, however, Scout Investments, Inc. will no longer be a subadvisor to the fixed income portion of the portfolio. | The Sound Mind management team remains the same. | 11/15 |
| SMIDX | SMI Dynamic Allocation Fund | No one, however, Scout Investments, Inc. will no longer be a subadvisor to the fixed income portion of the portfolio. | The management team remains the same. | 11/15 |
| SSSDX | SSgA Dynamic Small Cap Fund | Marc Reinganum is no longer listed as a portfolio manager on the fund. | John O’Connell joins Anna Lester in managing the fund. | 11/15 |
| SLSAX | Sterling Capital Long/Short Equity Fund | No one, but . . . | The Board of Trustees has appointed Caerus Investors, LLC as a new subadvisor to the fund beginning in February 2016. | 11/15 |
| TWAAX | Thrivent Partner Worldwide Allocation Fund | No one, but . . . | Paul Blankenhagen and Juliet Cohn are joining the management team. | 11/15 |
| TVLAX | Touchstone Value Fund | Timothy Culler is no longer listed as a portfolio manager on the fund. | Jeff Fahrenbruch and David Ganucheau joined Lewis Ropp, Mark Giambrone, and James Barrow on the management team. | 11/15 |
| PSPFX | U.S. Global Investors Global Resources Fund | Brian Hicks will no longer serve as a portfolio manager for the fund. | Ralph Aldis joins Frank Holmes in managing the fund. | 11/15 |
| MEGAX | U.S. Global Investors Holmes Macro Trends Fund | Brian Hicks will no longer serve as a portfolio manager for the fund. | Ralph Aldis joins Frank Holmes in managing the fund. | 11/15 |
| VGENX | Vanguard Energy Fund | Karl Bandtel will retire from Wellington Management Company, a subadvisor, in June 2016. | In preparation for Mssr. Bandtel’s retirement, Gregory LeBlanc has joined the team as a comanager for the portion of the fund managed by Weillington Management. The rest of the team remains. | 11/15 |
| VWESX | Vanguard Long-Term Investment-Grade Fund | Lucius Hill will retire from Wellington Management Company, a subadvisor, in June 2016. | The rest of the team will remain. | 11/15 |
| VPDSX | Vantagepoint Discovery Fund | No one, but . . . | Daniel Fitzpatrick joined the team of James Wong, Jamie Rome, and Brian Matthews in managing the fund. | 11/15 |
| VPEIX | Vantagepoint Equity Income Fund | Brian Rogers is no longer listed as a portfolio manager on the fund. | John Linehan joins Dwayn Hancock, Karen Grimes, Michael Feehily, O. Mason Hawkins, and G. Staley Cates in managing the fund | 11/15 |
| VSAIX | Virtus Alternative Inflation Solution Fund | John Brynjolfsson will no longer serve as a portfolio manager for the fund and Armoured Wolf, LLC is no longer a subadvisor to the fund. | Fischer, Francis, Trees & Watts, Inc. has been added as a subadvisor to the fund with Adnan Akant and Cedric Sholtes managing that portion of the portfolio. The rest of the team remains unchanged. | 11/15 |
| VATAX | Virtus Alternative Total Solution Fund | John Brynjolfsson will no longer serve as a portfolio manager for the fund and Armoured Wolf, LLC is no longer a subadvisor to the fund. | Fischer, Francis, Trees & Watts, Inc. has been added as a subadvisor to the fund with Adnan Akant and Cedric Sholtes managing that portion of the portfolio. The rest of the team remains unchanged. | 11/15 |
| WBLFX | Whitebox Market Neutral Equity Fund | Jason Cross will be retiring, effective December 15, 2015. | Paul Karos and Andrew Redleaf will continue to manage the fund. | 11/15 |
| WBINX | Whitebox Tactical Advantage Fund | Jason Cross will be retiring, effective December 15, 2015. | Paul Karos will join the management team of Paul Twitchell, Robert Vogel, and Andrew Redleaf, immediately. | 11/15 |
| WBMAX | Whitebox Tactical Opportunities Fund | Jason Cross will be retiring, effective December 15, 2015. | Paul Karos will join the management team of Paul Twitchell, Robert Vogel, and Andrew Redleaf, immediately. | 11/15 |
