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 |
| SPEAX | Alger Mid Cap Focus Fund | Dan Chung is no longer listed as a portfolio manager of the fund | Alex Goldman is the portfolio manager of the fund. | 1/16 |
| ALSAX | Alger Small Cap Growth Portfolio | Jill Greenwald is on temporary medical leave. | Daniel Chung will serve as portfolio manager in her absense. Amy Zhang will remain on the fund. | 1/16 |
| PGWAX | AllianzGI Focused Growth Fund | No one, right now. However, Scott Migliori will be leaving the fund as of June 30, 2016. | Raphael Edelman is joining Mssr. Migliori, Karen Hiatt, and David Jedlicki on the management team. On June 30, Ms. Hiatt will assume the role of lead portfolio manager. | 1/16 |
| ACCVX | American Century Capital Value Fund | Matt Titus is no longer listed as a portfolio manager for the fund. | Brian Woglom joins Brendan Healy in managing the fund. | 1/16 |
| ALPAX | American Century Large Company Value Fund | Matt Titus is no longer listed as a portfolio manager for the fund. | Brian Woglom joins Brendan Healy in managing the fund. | 1/16 |
| ATASX | Aston Small Cap Fund – formerly Aston TAMRO Small Cap, soon-to-be AMG GW&K Small Cap Growth Fund | TAMRO Capital Partners have been discharged from their subadvisor role. Therefore, Philip Tasho and Timothy Holland are no longer listed as portfolio managers for the fund. | GW&K Investment Management, LLC is now subadvisor to the fund. Daniel Miller and Joseph Craigen now manage the fund. | 1/16 |
| CTBIX | ASTON/TCH Fixed Income Fund | Tere Alvarez Canida, TCH’s founder, will no longer serve as a portfolio manager for the fund. | Janelle Woodward and Frank Reda join Daniela Mardarovici, Scott Kimball, Alan Habacht and William Canida in managing the fund. | 1/16 |
| AVEMX | Ave Maria Catholic Values Fund | Gregory Heilman is no longer listed as a portfolio manager for the fund. | Timothy Schwartz and Joseph Skornicka join George Schwartz in running the fund. | 1/16 |
| BTSMX | Boston Trust SMID Cap Fund | Stephen Franco and Heidi Vanni are no longer listed as managers of the fund. | Kenneth Scott will continue to run the fund. | 1/16 |
| CLPAX | Catalyst/Lyons Hedged Premium Return Fund | No one, but … | Matthew Ferratusco joins Brent Haworth, Alexander Read, and Michael Schoonover in managing the fund | 1/16 |
| CLTAX | Catalyst/Lyons Tactical Allocation Fund | No one, but … | Matthew Ferratusco joins Brent Haworth, Alexander Read, and Michael Schoonover in managing the fund | 1/16 |
| LTFAX | Columbia Acorn Select | Robert Chalupnik is deceased. | David Frank joins Matthew Szafranski in managing the fund. | 1/16 |
| CSVFX | Columbia Global Dividend Opportunity | Dean Ramos and Steven Schroll are no longer listed as portfolio managers for the fund. | Stephen Thornber and Jonathan Crown are now managing the fund. | 1/16 |
| INEGX | Columbia Global Equity Value Fund | Dean Ramos, Steven Schroll, and Paul Stocking are no longer listed as portfolio managers for the fund. | Fred Copper, Melda Mergen, and Peter Santoro are now managing the fund. | 1/16 |
| SMCEX | Columbia Small Cap Core Fund | Paul Szczygiel and Jeffrey Hershey are no longer listed as portfolio managers for the fund | Alred Alley, III and Brian Condon are now managing the fund. | 1/16 |
| TLVUX | Consulting Group Large Capitalization Value Equity Fund | HGK Asset Management is no longer a subadvisor to the fund. | Delaware Investments Fund Advisers is a new subadvisor to the fund. | 1/16 |
| FUTEX | Discretionary Managed Futures Strategy Fund | Robert Johnson no longer serves as a portfolio manager of the fund. | Brian Borneman, John Milne, Robert Vear, and Deborah Wingerson continue to manage the fund. | 1/16 |
| DDBAX | Dreyfus Emerging Markets Debt Local Currency Fund | Alexander Kozhemiakin is no longer listed as a portfolio manager to the fund. | Javier Murcio and Federico Garcia Zamora continue to manage the fund. | 1/16 |
| DTMAX | Dreyfus Total Emerging Markets Fund | Alexander Kozhemiakin is no longer listed as a portfolio manager to the fund. | Josephine Shea, Federico Garcia Zamora and Gaurav Patankar join Sean Fitzgibbon in managing the fund. | 1/16 |
| FABLX | Fidelity Advisor Balanced Fund | Peter Saperstone is no longer listed as a portfolio manager on the fund. | Peter Dixon joins Ford O’Neil, Monty Kori, Jonathan Kasen, Brian Lempel, Tobias Welo, Robert Stansky, Pierre Sorel, Douglas Simmons, Robert Lee, and Steven Kaye in managing the fund. | 1/16 |
| FCVAX | Fidelity Advisor Small Cap Value Fund | Charles Myers no longer serves as a co-manager of the fund. | Derek Janssen will continue to manage the fund. | 1/16 |
| FCONX | Fidelity Conservative Income Bond Fund | No one, but . . . | Kim Miller is joined by Robert Chan and Robert Galusza. | 1/16 |
| FLATX | Fidelity Latin America Fund | Adam Kutas no longer serves as lead portfolio manager of the fund. | Will Pruett will continue to manage the fund. | 1/16 |
| FSAEX | Fidelity Series All-Sector Equity Fund | Peter Saperstone is no longer listed as a portfolio manager on the fund. | Peter Dixon joins Jonathan Kasen, Brian Lempel, Tobias Welo, Robert Stansky, Pierre Sorel, Douglas Simmons, Robert Lee, and Steven Kaye. | 1/16 |
| PISRX | Forward International Small Companies Fund | Oliver Knobloch will no longer serve as a portfolio manager for the fund. | The remaining members of the management team, David Janec, Nathan Rowader, Paul Broughton, Bill Barker, and Justin Hill, remain. | 1/16 |
| IHSAX | Hartford Small Company Fund | Jamie Rome will be withdrawing from Wellington Management (the subadvisor) at the end of June. He will no longer serve as a portfolio manager to the fund, effective immediately. | Mammen Chally, Stephen Mortimer, Mario Abularach, and Steven Angeli will continue to manage the fund. | 1/16 |
| HEMAX | Henderson Emerging Markets Fund | No one, but … | Michael Cahoon will be joining Glen Finegan in managing the fund at the end of February. | 1/16 |
| HFOAX | Henderson International Opportunities Fund | No one, but Ian Warmerdam will be taking a sabbatical through the end of 2016. | Ronan Kelleher will continue to manage the fund. On January 1, 2017, Mssr. Warmerdam will return to his management responsibilities. | 1/16 |
| HPEAX | Highland Premier Growth Equity Fund | GE Asset Management will be terminated as a subadvisor effective March 1, 2016. David Carlson will no longer server as portfolio manager. | Highland Captial Management will advise the fund. James Dondero and Michael Gregory are the new portfolio managers. | 1/16 |
| HISIX | Homestead International Equity Fund | Teddy Wong and Dwayne Hancock are no longer listed as portfolio managers. | Ferrill Roll and Alexander Walsh will manage the fund. | 1/16 |
| JAIGX | Janus Aspen Overseas Portfolio | Brent Lynn is no longer listed as a porfolio manager | George Maris is now managing the fund. | 1/16 |
| JMFAX | Janus Emerging Markets Fund | Wahid Chammas is no longer listed as a portfolio manager for the fund. | Hiroshi Yoh will continue to manage the fund. | 1/16 |
| JDCAX | Janus Forty Fund | No one, but … | Nick Shommer joins A. Douglas Rao in managing the fund. | 1/16 |
| JNOSX | Janus Overseas Fund | Brent Lynn is no longer listed as a porfolio manager | George Maris is now managing the fund. | 1/16 |
| KZSIX | Kaizen Hedged Premium Spreads Fund | Wayne Ferbert and Jay Pestrichelli are no longer listed as portfolio managers of the fund. | Matthew Thompson and Michael Thompson are managing the fund. | 1/16 |
| KFGAX | KF Griffin Blue Chip and Covered Call | Griffin Asset Management will no longer subadvise the fund and Douglas Famigletti will no longer serve as a portfolio manager for the fund. | James Fields and Jonathan Roberts have taken over as portfolio managers to the fund as caretakers ahead of its liquidation. | 1/16 |
| MASNX | Litman Gregory Masters Alternative Strategies Fund | Tim Garry will no longer serve as a portfolio manager for the fund, effective immediately | The rest of the extensive team remains. | 1/16 |
| PEAFX | PIMCO RAE Fundamental Emerging Markets Fund | Jason Hsu is no longer listed as a portfolio manager for the fund. | The fund is now jointly managed by Robert Arnott and Christopher Brightman. | 1/16 |
| PZRAX | PIMCO RAE Fundamental Global ex-US Fund | Jason Hsu is no longer listed as a portfolio manager for the fund. | The fund is now jointly managed by Robert Arnott and Christopher Brightman. | 1/16 |
| PFQAX | PIMCO RAE Fundamental Global Fund | Jason Hsu is no longer listed as a portfolio manager for the fund. | The fund is now jointly managed by Robert Arnott and Christopher Brightman. | 1/16 |
| PPYAX | PIMCO RAE Fundamental International Fund | Jason Hsu is no longer listed as a portfolio manager for the fund. | The fund is now jointly managed by Robert Arnott and Christopher Brightman. | 1/16 |
| PKAAX | PIMCO RAE Fundamental US Fund | Jason Hsu is no longer listed as a portfolio manager for the fund. | The fund is now jointly managed by Robert Arnott and Christopher Brightman. | 1/16 |
| PMJAX | PIMCO RAE Fundamental US Small Fund | Jason Hsu is no longer listed as a portfolio manager for the fund. | The fund is now jointly managed by Robert Arnott and Christopher Brightman. | 1/16 |
| SBMBX | Saratoga Energy & Basic Materials Fund | David Cohen is no longer managing the fund. | John Brim, Stephanie Jones, and Stephen Smith will manage the fund. | 1/16 |
| SFPAX | Saratoga Financial Service Portfolio Fund | Thomas Finucane will no longer manage the fund | John Brim and Stephen Smith will manage the fund. | 1/16 |
| SLCGX | Saratoga Large Capitalization Growth Portfolio Fund | Aziz Hamzaogullari | John Brim and Stephen Smith will manage the fund. | 1/16 |
| SEEFX | Saturna Sustainable Equity Fund | Paul Meeks is no longer listed as a portfolio manager for the fund. | Nicholas Kaiser joins Peter Nielsen in managing the fund. | 1/16 |
| SSGFX | Sextant Growth Fund | Paul Meeks is no longer listed as a portfolio manager for the fund. | Tyler Howard joins Scott Klimo in managing the fund. | 1/16 |
| BGFAX | UBS Asset Growth Fund | Curt Custard – whose name brings to mind images of a lemony pudding – no longer serves as a portfolio manager for the fund | Luke Browne, Richard Lloyd and Philip Brides continue to manage the fund. | 1/16 |
| BNAAX | UBS Dynamic Alpha Fund | Curt Custard no longer serves as a portfolio manager for the fund | Jonathan Davies and Andreas Koester continue to manage the fund | 1/16 |
| BNGLX | UBS Global Allocation Fund | Curt Custard no longer serves as a portfolio manager for the fund | Jonathan Davies, Philip Brides and Andreas Koester continue to manage the fund | 1/16 |
| PWTAX | UBS U.S. Allocation Fund | Curt Custard is no longer a portfolio manager of the fund, effective immediately. | Andreas Koester will continue to manage the fund. | 1/16 |
| VFTSX | Vanguard FTSE Social Index Fund | Christine Franquin is no longer listed as a portfolio manager of the fund | William Coleman and Gerard O’Reilly will manage the fund. | 1/16 |
| VMRGX | Vanguard Morgan Growth Fund | Kalmar Investment Advisors is no longer a subadvisor to the fund. Dana Walker and Ford Draper are no longer listed as portfolio managers. | The rest of the team, James Stetler, Paul Marrkand, Kathleen McCarragher, Stephen Knightly, Christopher Scarpa, Michael Roach, James Troyer, and Blair Boyer, remain to manage the fund. | 1/16 |
| MUXAX | Victory S&P 500 Index Fund | Michael Mikha and Eric Lessnau | Dan Banaszak, Robert Bateman, David Hallum, Stephen Hammers, and Alex Pazdan are managing the fund. | 1/16 |
| IGPAX | Voya Global Target Payment Fund | No one, but … | Jody Hrazanek joins Paul Zemsky as a mangerfor the fund. | 1/16 |
| NAWGX | Voya Global Value Advantage Fund | No one, but … | Maya Venkatraman joins James Ying, Vincent Costa, Christoper Corapi, and Martin Jansen on the management team. | 1/16 |
| IEDAX | Voya Large Cap Value Fund | No one, but … | James Dorment joins Kristy Finnegan, Vincent Costa, and Christopher Corapi in managing the fund. | 1/16 |
| WASMX | Walden SMID Cap Innovations Fund | Stephen Franco and Heidi Vanni are no longer listed as managers of the fund. | Kenneth Scott will continue to run the fund. | 1/16 |
| WALTX | Wells Fargo Alternative Strategies Fund | Tim Garry will no longer serve as a portfolio manager for the fund, effective immediately | The rest of the extensive team remains. | 1/16 |
| SILAX | Wells Fargo Diversified International Fund | Jeffrey Everett in longer on the management team. | Mark Yockey, Josef Lakonishok, Puneet Mansharamani, Menno Vermeulen, and Dale Winner remain as portfolio managers for the fund. | 1/16 |
| WGLAX | Wells Fargo Global Long/Short Fund | Jeffrey Everett in longer on the management team. | Dale Winner will continue to manage the fund. | 1/16 |
| WFEAX | Wells Fargo International Equity Fund | Jeffrey Everett in longer on the management team. | Dale Winner will continue to manage the fund. | 1/16 |
| IPBAX | Wells Fargo Real Return | Jeffrey Everett in longer on the management team. | Kandarp Acharya, Michael Bradshaw, Christian Chan, Ann Miletti, Jay Mueller, Thomas Price and Dale Winner remain as portfolio managers for the fund. | 1/16 |
| WTMGX | Westcore MIDCO Growth Fund | Brian Fitzsimons, Mitch Begun, Adam Bliss, and Jeffrey Loehr are no longer managing the fund. | Craig Juran will manage the fund. | 1/16 |
| WTSLX | Westcore Select Fund | Brian Fitzsimons, Mitch Begun, Adam Bliss, F. Wiley Reed and Jeffrey Loehr are no longer managing the fund. | Craig Juran will manage the fund. | 1/16 |
| WTSGX | Westcore Small-Cap Growth Fund | Jeffrey Loehr and F. Wiley Reed are no longer listed as portfolio managers for the fund. | Mitch Begun, Adam Bliss and Brian Fitzsimons will continue to manage the fund | 1/16 |
