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 |
| ARDWX | Aberdeen Multi-Manager Alternative Strategies Fund II | Santa Fe Partners LLC no longer serves as a sub-adviser to the fund, and Henry Davis is no longer listed as a portfolio manager for the fund. | Ian McDonald, Averell Mortimer, Darren Wolf, Russell Barlow, Vicky Hudson, Peter Wasko and Kevin Lyons remain on the management team | 5/16 |
| ASTYX | AllianzGI Best Styles International Equity | No one, but … | Erik Mulder joined Michael Heldmann and Karsten Niemann in managing the fund. | 5/16 |
| AZDAX | AllianzGI Global Fundamental Strategy Fund | Andreas Utermann is no longer listed as a portfolio manager for the fund. | Neil Dwane joins the management team of Armin Kayser, Karl Happe, Eric Boess, and Steven Berexa. | 5/16 |
| BGEIX | American Century Global Gold Fund | William Martin and Lynette Pang are no longer listed as portfolio managers for the fund. | Yulin Long and Elizabeth Xie are now managing the fund. | 5/16 |
| BDMAX | BlackRock Global Long/Short Equity Fund | Paul Ebner is no longer listed as a portfolio manager for the fund. | Richard Mathieson joins Raffaele Savi and Kevin Franklin in managing the fund. | 5/16 |
| BMSAX | BlackRock Secured Credit Portfolio | Carly Wilson and C. Adrian Marshall are gone. | Mitchell Garfin remains and is joined by James Keenan, Jeff Cucunato, Jose Aguilar and Artur Piasecki. | 5/16 |
| BIALX | Brown Advisory Global Leaders Fund | No one, but … | Bertie Thomson joins Michael Dillon in managing the fund. | 5/16 |
| CSIBX | Calvert Bond Portfolio | Matthew Duch will no longer serve as a portfolio manager for the fund. | Vishal Khanduja and Brian Ellis will remain on the portfolio management team. | 5/16 |
| CGAFX | Calvert Green Bond Fund | Matthew Duch will no longer serve as a portfolio manager for the fund. | Vishal Khanduja and Brian Ellis will remain on the portfolio management team. | 5/16 |
| CYBAX | Calvert High Yield Bond Fund | Matthew Duch will no longer serve as a portfolio manager for the fund. | Vishal Khanduja and Brian Ellis will remain on the portfolio management team and will be joined by Patrick Faul. | 5/16 |
| CFICX | Calvert Income Fund | Matthew Duch will no longer serve as a portfolio manager for the fund. | Vishal Khanduja and Brian Ellis will remain on the portfolio management team. | 5/16 |
| CLDAX | Calvert Long-Term Income Fund | Matthew Duch will no longer serve as a portfolio manager for the fund. | Vishal Khanduja and Brian Ellis will remain on the portfolio management team. | 5/16 |
| CSDAX | Calvert Short Duration Income Fund | Matthew Duch will no longer serve as a portfolio manager for the fund. | Vishal Khanduja and Brian Ellis will remain on the portfolio management team. | 5/16 |
| CULAX | Calvert Ultra-Short Income Fund | Matthew Duch will no longer serve as a portfolio manager for the fund. | Vishal Khanduja and Brian Ellis will remain on the portfolio management team. | 5/16 |
| SDUAX | Deutsche Ultra Short Duration Bond Fund, soon to be the Deutsche Fixed Income Opportunities Fund | As of August 31, Eric Meyer will no longer serve as a portfolio manager for the fund. | John Ryan is joined by Roger Douglas and Rahmila Nadi in managing the fund. | 5/16 |
| DGANX | Dreyfus Global Infrastructure Fund | Joshua Kohn is no longer listed as a portfolio manager for the fund. | Maneesh Chhabria is joined by Theodore Brooks on the management team. | 5/16 |
| ETMGX | Eaton Vance Tax-Managed Small-Cap Fund | Nancy Took, lead portfolio manager, announced her intention to retire at the end of October, 2016. | Michael McLean and J. Griffith Noble will continue with the fund. | 5/16 |
| GSBFX | Goldman Sachs Income Builder Fund | Effective immediately, Lale Topcuoglu no longer serves as a portfolio manager for the fund. | Daniel Lochner, Charles Dane, Colin Bell, Ronald Arons, Andrew Braun and David Beers will continue to manage the fund. | 5/16 |
| HBIAX | HSBC Global High Income Bond Fund | Lisa Chua is no longer listed as a portfolio manager for the fund. | Nishant Upadhyay joins Rick Liu and Jerry Samet in managing the fund. | 5/16 |
| HBYAX | HSBC Global High Yield Bond Fund | Lisa Chua is no longer listed as a portfolio manager for the fund. | Nishant Upadhyay joins Rick Liu and Mary Gottshall Bowers in managing the fund. | 5/16 |
| WASAX | Ivy Asset Strategy Fund | Mike Avery will no longer manage the fund, effective June 30, 2016. | F. Chace Brundige and Cynthia Prince-Fox will continue to co-manager the fund. | 5/16 |
| IVTAX | Ivy Managed International Opportunities Fund | Mike Avery will no longer manage the fund, effective June 30, 2016. | At that time, F. Chace Brundige and Cynthia Prince-Fox will become co-managers of the fund. | 5/16 |
| JMMAX | JPMorgan Multi-Manager Alternatives Fund | No one, but … | P/E Global LLC has been added as an eleventh subadvisor to the fund. | 5/16 |
| SCGLX | Scout Global Equity Fund | James Moffett and founding manager James Reed are no longer listed as portfolio managers for the fund. | Charles John is joined by John Indellicate and Derek Smashey. Somehow the combination of “indelicate” and “smashy” seems like fodder for a bunch of in-jokes. | 5/16 |
| UMBWX | Scout International Fund | Michael P. Fogarty no longer serves as a portfolio manager of the fund. | Michael Stack and Angel Luperico will continue to manage the fund. | 5/16 |
| SEQUX | Sequoia Fund | No one, but … | John Harris, Arman Gokgol-Kline, Trevor Magyar, and David Sheridan join David Poppe as co-managers. | 5/16 |
| TVOAX | Touchstone Small Cap Value Fund | DePrince Race & Zollo, Inc. will no longer subadvise the fund. Gregory Ramsby and Randy Renfrow will no longer serve as portfolio managers for the fund. | Russell Implementation Services will subadvise the fund, with Wayne Holister as portfolio manager, until June 30, 2016. After June 30, LMCG Investments will become the subadvisor to the fund. | 5/16 |
| USIFX | USAA International Fund | No one, but … | Filipe Benzinho is joining Susanne Willumsen, James Shakin, Craig Scholl, Paul Moghtader, Ciprian Marin, Taras Ivanenko, Andrew Corry, Daniel Ling and Marcus Smith to manage the fund. | 5/16 |
| HEMZX | Virtus Emerging Markets Opportunities Fund | No one, but … | Brian Bandsma and Jin Zhang join Matthew Benkendorf in managing the fund | 5/16 |
| JVIAX | Virtus Foreign Opportunities Fund | No one, but … | Daniel Kranson and David Souccar will join Matthew Benkendorf in managing the fund | 5/16 |
| NWWOX | Virtus Global Opportunities Fund | No one, but … | Ramiz Chelat will join Matthew Benkendorf in managing the fund | 5/16 |
| UNASX | Waddell & Reed Advisors Asset Strategy Fund | Mike Avery will no longer manage the fund, effective June 30, 2016. | F. Chace Brundige and Cynthia Prince-Fox will continue to co-manager the fund. | 5/16 |
