Ticker

Fund

Out with the old

In with the new

Dt

ASLAX

AB Select Long/Short Portfolio

No one, but . . .

Anthony Nappo joins Kurt Feuerman in managing the fund

6/15

AUUAX

AB Select US Equity Fund

No one, but . . .

Anthony Nappo joins Kurt Feuerman in managing the fund

6/15

ALAFX

Alger Capital Appreciation Focus Fund

No one, but . . .

Ankur Crawford joins Patrick Kelly in managing the fund

6/15

ACAAX

Alger Capital Appreciation Fund

No one, but . . .

Ankur Crawford joins Patrick Kelly in managing the fund

6/15

SPECX

Alger Spectra Fund

No one, but . . .

Ankur Crawford joins Patrick Kelly in managing the fund

6/15

ABFAX

American Beacon Balanced Fund

Wyatt Crumpler, American Beacon’s CIO, is no longer listed as a portfolio manager. The firm was purchased by two outside groups in May and we can’t tell if this is fallout from that.

The extensive team of Mark Giambrone, Samuel Silver, Gene Needles, James Clarke, Erin Higginbotham, Patrick Kaser, Scott McBride, Deborah Petruzzelli, Patrick Sporl, Judd Peters, J. Scott McDonald, Mark Luchsinger, Adriana Posada, Paul Lesutis, Stephen Smith, George Davis, John Williams, David Hardin, and James Barrow remain.

6/15

AEMAX

American Beacon Emerging Markets Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

AFXAX

American Beacon Flexible Bond Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

ABHAX

American Beacon High Yield Bond Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

AITAX

American Beacon Intermediate Bond Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

AIEAX

American Beacon International Equity Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

ALVAX

American Beacon Large Cap Value Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

ABMAX

American Beacon Mid-Cap Value Fund

Wyatt Crumpler and Manoj Tandon are no longer listed as portfolio managers

John Flynn joins the rest of the team.

6/15

AAPAX

American Beacon Retirement Income and Appreciation Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

ABSAX

American Beacon Small Cap Value Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The rest of the extensive team remains.

6/15

ATSAX

American Beacon Treasury Inflation Protected Securities Fund

Wyatt Crumpler is no longer listed as a portfolio manager

The team of Joseph Murphy, David Eichhorn, Robert Bayston, Jess Yawitz, Anthony Pope, William Marshall, Kenneth Lester, and Kirk Brown carry on.

6/15

CESVX

AMG Chicago Equity Partners Small Cap Value Fund

No one, but . . .

William Murray joins David Coughenour, Patricia Halper, and Robert Kramer in managing the fund

6/15

BMMAX

BlackRock Multi-Manager Alternative Strategies Fund

No one, but . . .

Ionic Asset Management has been added as a sixth subadvisor to the fund

6/15

BMHAX

BMO Monegy High Yield Bond Fund

Sadhana Valia intends retire to on September 1, 2015.

Lori Marchildon will continue to manage the fund.

6/15

CSIEX

Calvert Equity Portfolio

Paul Marshall has resigned from the subadvisor, Atlanta Capital Management Company, and will no longer serve as portfolio manager

Richard England is joined by Lance Garrison, Joseph Hudepohl, Jeffrey Miller, and Robert Walton.

6/15

CSXAX

Calvert US Large Cap Core Responsible Index (formerly the Calvert Social Index Fund)

Matthew Moore and Natalie Trunow are no longer portfolio managers of the fund. We’re kind of ambivalent about how much difference that could make since an index fund’s manager is akin to a driverless car’s chauffeur.

The new management team includes Lise Bernhard, Dale Stout, and J. Laurie Webster.

6/15

CLTAX

Catalyst/Lyons Tactical Allocation Fund

Louis Stevens is no longer listed as a portfolio manager

The team of Brent Haworth, Alexander Read, and Michael Schoonover have taken over.

6/15

SBVAX

Clearbridge Small Cap Value Fund

Marina Chinn is no longer listed as a portfolio manager to the fund.

The rest of the team, Peter Hable, Mark Bourguignon, Mark Feasey, and Michael Kang, will continue to manage the fund

6/15

DPIAX

Destra Preferred and Income Securities Fund

Mssr. Robert Ettinger retired from his role as portfolio manager on June 30, 2015

R. Eric Chadwick, Donald Crumrine, and Bradford Stone will continue to manage the fund

6/15

EAALX

Eaton Vance Atlanta Capital Focused Growth Fund

Paul Marshall has resigned from the subadvisor, Atlanta Capital Management Company, and will no longer serve as portfolio manager

Richard England is joined by Lance Garrison, Joseph Hudepohl, Jeffrey Miller, and Robert Walton.

6/15

GNFRX

Geneva Advisors International Growth Fund

Eswar Menon is no longer listed as a portfolio manager to the fund

Daniel Delany, Matthew Scherer and Reiner Triltsch will carry on.

6/15

OHYDX

Oaktree High Yield Bond Fund

No one, but . . .

David Rosenberg joined Sheldon Stone and Shannon Ward in managing the fund

6/15

OALGX

Optimum Large Cap Growth Fund

No one, but . . .

Ankur Crawford joins Patrick Kelly in managing the fund

6/15

PCYAX

PCS Commodity Strategy Fund

Roxanne Bennett is no longer a portfolio manager for the fund

Alan Konn, John Reese, David Schink continue to manage the fund and are joined by Carlton Chin and Karl Foster

6/15

PEQAX

PIMCO EqS Emerging Markets Fund

Virginie Maisonneuve, one of a set of superstars that PIMCO brought on-board when they decided to move into equities. Most are gone now.

Geraldine Sundstrom

6/15

PIODX

Pioneer Fund

No one, but . . .

Jeff Kripke joins John Carey and Walter Hunnewell

6/15

RLLBX

Rothschild Larch Lane Alternatives Fund

Christophe Jaubert no longer serves as a portfolio manager of the fund.

Shakil Riaz joins Nicolas de Croisset, Rajiv Sobti, Kazuhiro Shimbo, Rasheed Sabar, Charles Korchinski, Mark Jurish, David Harding, Geoffrey Doyle, Matthew Beddall, and Ki Akrami in running the fund.

6/15

RSMSX

RS Emerging Markets Small Cap Fund

No one, but . . .

Maria Freund has joined Michael Reynal, Michael Ade, and Peter Luo on the management team.

6/15

SCGLX

Scout Global Equity Fund

No one, but . . .

Charles John joined James Reed and James Moffett in managing the fund

6/15

TACFX

Stadion Alternative Income Fund

David Pursell is no longer listed as a portfolio manager

Clayton Shiver and William McGough join Brad Thompson and Judson Doherty in managing the fund

6/15

STTGX

Stadion Trinity Alternative Return Fund

David Pursell is no longer listed as a portfolio manager

Clayton Shiver and William McGough join Brad Thompson and Judson Doherty in managing the fund

6/15

PRGIX

T. Rowe Price Growth & Income

Thomas Huber is setting down after eight years with the fund but is continuing at Dividend Growth where he’s had a longer record and more success

Jeffrey Rottinghaus, who has been running Price funds that target European investors but invest in US stocks

6/15

WMMRX

Wilmington Multi-Manager Real Asset Fund

No one, but . . .

Joshua Savadove and Jordan Strauss will become portfolio managers, joining the team of David Stein, Thomas Seto, Todd Murphy, Thomas Pierce, Mihir Worah, Joseph Smith, T. Ritson Ferguson, and Steven Burton.

6/15

Ticker

Fund

Out with the old

In with the new

Dt

TDBAX

AB Multi-Manager Select 2010 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDCAX

AB Multi-Manager Select 2015 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDDAX

AB Multi-Manager Select 2020 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDAGX

AB Multi-Manager Select 2025 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDHAX

AB Multi-Manager Select 2030 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDMAX

AB Multi-Manager Select 2035 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDJAX

AB Multi-Manager Select 2040 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDNAX

AB Multi-Manager Select 2045 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDLAX

AB Multi-Manager Select 2050 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDAPX

AB Multi-Manager Select 2055 Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

TDAIX

AB Multi-Manager Select Retirement Allocation Fund

Jeremy Stempien is no longer listed as a portfolio manager on the fund

John McLaughlin joins Brian Huckstep, Daniel Loewy, Christopher Nikolich, and Vadim Zlotnikov on the management team

5/15

ABMAX

American Beacon Mid-Cap Value Fund

Subadvisor, LMCG Investments Group, has been terminated, along with portfolio managers R. Todd Vingers and Jay Willadsen

WEDGE Captial Management is a new subadvisor. John Carr, Brian Pratt, Paul VeZolles, and Richard Wells join the existing managers, James Barrow, Mark Giambrone, Adriana Posada, Richard Pzena, Manoj Tandon, Wyatt Crumpler, Gene Needles, and Eli Rabinowich

5/15

AAPAX

American Beacon Retirement Income and Appreciation Fund

Steve Klouda is no longer listed as a portfolio manager.

The other twelve managers remain

5/15

BACPX

BlackRock 20/80 Target Allocation Fund, formerly BlackRock Conservative Prepared Portfolio

Philip Green is no longer listed as a manager of the fund, which has undergone a name and strategy change.

Michael Gates and Russ Koesterich will manage the renamed fund.

5/15

BAMPX

BlackRock 40/60 Target Allocation Fund, formerly BlackRock Moderate Prepared Portfolio

Philip Green is no longer listed as a manager of the fund, which has undergone a name and strategy change.

Michael Gates and Russ Koesterich will manage the renamed fund.

5/15

BAGPX

BlackRock 60/40 Target Allocation Fund, formerly BlackRock Growth Prepared Portfolio

Philip Green is no longer listed as a manager of the fund, which has undergone a name and strategy change.

Michael Gates and Russ Koesterich will manage the renamed fund.

5/15

BAAPX

BlackRock 80/20 Target Allocation Fund, formerly Blackrock Aggressive Growth Prepared Portfolio

Philip Green is no longer listed as a manager of the fund, which has undergone a name and strategy change.

Michael Gates and Russ Koesterich will manage the renamed fund.

5/15

BALPX

BlackRock Event Driven Equity Fund

Peter Stournaras is no longer listed as a portfolio manager of the fund

Mark McKenna is the new portfolio manager

5/15

BCAMX

Boston Common U.S. Equity Fund

Thomas Darling is no longer with Boston Common Asset Management, and will no longer serve as a portfolio manager to the fund

The rest of the team, Praveen Abichandani, Geeta Aiyer, Steven Heim, and Corné Biemans, remains.

5/15

BUFOX

Buffalo Emerging Opportunities Fund

John Bichelmeyer is no longer a co-portfolio manager to the fund

Doug Cartwright has been added as a co-portfolio manager, joining Craig Richard.

5/15

ATRAX

Catalyst Absolute Total Return Fund, which will undergo a name and objective change to Catalyst Intelligent Alternative Fund in July.

Shawn Blau and William Kennedy are no longer portfolio managers of the fund

David Miller is now the portfolio manager

5/15

CLPAX

Catalyst/Lyons Hedged Premium Return Fund

Louis A. Stevens is no longer a portfolio manager

Brent Haworth and Michael Schoonover join Alexander Read in managing the fund.

5/15

CLTAX

Catalyst/Lyons Tactical Allocation Fund

Louis A. Stevens is no longer a portfolio manager

Brent Haworth and Michael Schoonover join Alexander Read in managing the fund.

5/15

CSMVX

Century Small Cap Select Fund

Kevin Callahan is no longer listed as a portfolio manager of the fund

Alexander Thorndike carried on as sole portfolio manager

5/15

MAIOX

Columbia International Opportunities Fund, formerly Columbia Marsico International Opportunities Fund

Munish Malhotra and Marsico Capital are out. Poor Marsico.

William Davies, Dave Dudding, and Simon Haines have assumed portfolio management duties

5/15

GHAFX

Granite Harbor Alternative Fund

V2 (for “Victor Vine,” not for Germany’s WW2 rocket) Capital is no longer a subadviser to the fund, and Victor Viner, Brett Novosel, and Michael Holleb are no longer listed as portfolio managers

The other ten managers remain

5/15

GHTFX

Granite Harbor Tactical Fund

V2 Capital is no longer a subadviser to the fund, and Victor Viner, Brett Novosel, and Michael Holleb are no longer listed as portfolio managers

The other ten managers remain

5/15

MXSGX

Great-West Small Cap Growth Fund

Effective immediately, Christopher Guinther is no longer a portfolio manager to the fund.

Michael Sansoterra and Sandeep Bhatia remain.

5/15

HERAX

Hartford Emerging Markets Equity Fund, formerly Hartford Emerging Markets Research Fund, has also undergone a strategy change and fee reduction.

Cheryl Duckworth is no longer listed as a portfolio manager

David Elliot has taken over as portfolio manager

5/15

HFRAX

Highland Floating Rate Opportunities Fund

No one, but . . .

Chris Mawn (former manager of Highland Opportunistic Credit Fund) joins Mark Okada in managing the fund

5/15

HNRAX

Highland Opportunistic Credit Fund

Chris Mawn will no longer serve as a portfolio manager to the fund, as he moves over to help manage the Highland Floating Rate Opportunities Fund

Trey Parker joins James Dondero in managing the fund

5/15

HCGAX

HSBC Emerging Markets Debt Fund

Phil Yuhn will no longer serve as a portfolio manager to the fund

Guillermo Ariel Ossés, Lisa Chua, and Vinayak Potti remain on the fund.

5/15

HBMAX

HSBC Emerging Markets Local Debt Fund

Phil Yuhn will no longer serve as a portfolio manager to the fund

Guillermo Ariel Ossés, Lisa Chua, and Vinayak Potti remain on the fund.

5/15

HTRAX

HSBC Total Return Fund

Phil Yuhn will no longer serve as a portfolio manager to the fund

Guillermo Ariel Ossés, Lisa Chua, and Vinayak Potti remain on the fund.

5/15

MKNAX

Invesco Global Market Neutral Fund

Karl Georg Bayer is no longer a portfolio manager

Michael Abata, Uwe Draeger, Nils Huter, Charles Ko, Jens Langewand, and Andrew Waisburd remain.

5/15

LVLAX

Invesco Low Volatility Emerging Markets Fund

Karl Georg Bayer is no longer a portfolio manager  on this not-noticeably-low volatility fund

Michael Abata, Uwe Draeger, Nils Huter, Charles Ko, Jens Langewand, and Andrew Waisburd remain.

5/15

IREAX

Ivy Global Real Estate Fund

Ernst-Jan de Leeuw is no longer listed as a portfolio manager

Stanley Kraska Jr., George Noon, and Keith Pauley are joined by Matthew Sgrizzi

5/15

IVRAX

Ivy Global Risk-Managed Real Estate Fund

Ernst-Jan de Leeuw is no longer listed as a portfolio manager

Stanley Kraska Jr., George Noon, and Keith Pauley are joined by Matthew Sgrizzi

5/15

RGROX

JHancock Select Growth Fund

Ian Tabberer is no longer the portfolio manager of the fund

Gary Robinson is the new portfolio manager of the fund.

5/15

LCORX

Leuthold Core Investment I Fund

Effective as of June 30, 2015, Matthew Paschke is taking a leave of absence from The Leuthold Group to pursue other personal interests, and will no longer serve as a portfolio manager of the Leuthold Funds. Despite a sort of goofy official portrait, Matt struck us as solid and thoughtful, and we wish him well with his new endeavors.

Doug Ramsay and Chun Wang remain and are likely to pick up a co-manager or two from Leuthold’s analyst corps.

5/15

LGINX

Leuthold Global Industries Fund

Effective as of June 30, 2015, Matthew Paschke is taking a leave of absence from The Leuthold Group to pursue other personal interests, and will no longer serve as a portfolio manager of the Leuthold Funds.

The Leuthold Funds will add current employees familiar with the internal processes to the portfolio teams.

5/15

GLBLX

Leuthold Global Fund

Effective as of June 30, 2015, Matthew Paschke is taking a leave of absence from The Leuthold Group to pursue other personal interests, and will no longer serve as a portfolio manager of the Leuthold Funds.

The Leuthold Funds will add current employees familiar with the internal processes to the portfolio teams.

5/15

LSLTX

Leuthold Select Industries Fund

Effective as of June 30, 2015, Matthew Paschke is taking a leave of absence from The Leuthold Group to pursue other personal interests, and will no longer serve as a portfolio manager of the Leuthold Funds.

The Leuthold Funds will add current employees familiar with the internal processes to the portfolio teams.

5/15

EAPEX

Parametric Emerging Markets Core Fund

David Stein is no longer listed as a portfolio manager of the fund

Timothy Atwill and Thomas Seto will carry on.

5/15

ETIGX

Parametric Tax-Managed International Equity Fund

David Stein is no longer listed as a portfolio manager of the fund

Thomas Seto and Paul Bouchey will carry on.

5/15

LSEAX

Persimmon Long/Short Fund

No one, but . . .

Ken Cavazzi joins the other eleven managers on the fund. Twelve guys on a $30 million fund might help explain the 3.29% e.r.

5/15

PATHX

PIMCO EqS Pathfinder Fund

Anne Gudefin, the star manager brought in when the fund was launched, is no longer listed as a portfolio manager of the fund

Virginie Maisonneuve and Geraldine Sundstrom

5/15

STCIX

RidgeWorth Large Cap Growth Stock Fund

Christopher Guinther is no longer a portfolio manager

Michael Sansoterra and Sandeep Bhatia remain.

5/15

SCGIX

RidgeWorth Small Cap Growth Stock Fund

Christopher Guinther is no longer a portfolio manager

Michael Sansoterra and Sandeep Bhatia remain.

5/15

SGEAX

Salient Global Equity Fund

Ajay Mehra is no longer listed as a portfolio manager

Lee Partridge continues on as sole portfolio manager

5/15

FILFX

Strategic Advisers International Fund

No one, but . . .

Stephanie Braming joins the extensive team

5/15

FBAAX

SunAmerica Focused Balanced Strategy

Kara Murphy, Timothy Pettee and Timothy Campion are no longer listed as portfolio managers

Douglas Loeffler will serve as the portfolio manager

5/15

FASAX

SunAmerica Focused Multi-Asset Strategy

Kara Murphy, Timothy Pettee and Timothy Campion are no longer listed as portfolio managers

Douglas Loeffler will serve as the portfolio manager

5/15

TGGEX

TCW Growth Equities Fund

Mike Olson has ceased to be a portfolio manager of the fund.

Chang Lee has assumed full responsibilities as the sole portfolio manager.

5/15

TGSCX

TCW Small Cap Growth Fund

Mike Olson has ceased to be a portfolio manager of the fund.

Chang Lee has assumed full responsibilities as the sole portfolio manager.

5/15

TGSDX

TCW SMID Cap Growth Fund

Mike Olson has ceased to be a portfolio manager of the fund.

Chang Lee has assumed full responsibilities as the sole portfolio manager.

5/15

TSNAX

Touchstone Sands Capital Select Growth Fund

No one, but . . .

Franks Sands, Jr. has been joined by Thomas Ricketts and A. Michael Sramek.

5/15

TEQAX

Touchstone Sustainability and Impact Equity Fund, formerly Touchstone Large Cap Growth Fund

Interim portfolio manager, Wayne Hollister, is no longer interim-ing.

Jimmy Chang, Farha-Joyce Haboucha, and David Harris are now managing the fund.

5/15

TTAAX

Transamerica Dynamic Allocation II, formerly Transamerica Tactical Allocation, has undergone a complete reorganization

Doug Weih, David Halfpap, and Frank Rybinski are no longer listed as portfolio managers to the fund

Prashant Chandran, S. Kenneth Leech, Y. Wayne Lin, Thomas Picciochi, and Ellen Tesler are now the portfolio managers

5/15

ATTRX

Transamerica Dynamic Allocation, formerly Transamerica Tactical Rotation, has undergone a complete reorganization

Doug Weih, David Halfpap, and Frank Rybinski are no longer listed as portfolio managers to the fund

Prashant Chandran, S. Kenneth Leech, Y. Wayne Lin, Thomas Picciochi, and Ellen Tesler are now the portfolio managers

5/15

IGTAX

Transamerica Dynamic Income, formerly Transamerica Tactical Income, has undergone a complete reorganization

Doug Weih, David Halfpap, and Frank Rybinski are no longer listed as portfolio managers to the fund

Y. Wayne Lin, Thomas Picciochi, and Ellen Tesler are now the portfolio managers

5/15

TMCGX

Turner Emerging Growth Fund

Peter Niedland is no longer listed as a portfolio manager

Richard Gould joins Jason Schrotberger in managing the fund

5/15

TSCEX

Turner Small Cap Growth Fund

Peter Niedland is no longer listed as a portfolio manager

Richard Gould joins Jason Schrotberger in managing the fund

5/15

VWUSX

Vanguard U.S. Growth Fund

Ian Tabberer is no longer listed as a portfolio manager

Gary Robinson joins the team of Kathleen McCarragher, Blair Boyer, David Ricci, Jeffrey Van Harte, Andrew Shilling, Daniel Prislin, James Golan, Christopher Ericksen, and Christopher Bonavico

5/15

VWNDX

Vanguard Windsor Fund

No one, but . . .

Benjamin Silver joins Richard Pzena, John Goetz, and James Mordy on the management team

5/15

WUSAX

Wanger USA

No one yet, but Robert Mohn, lead portfolio manager, will step down in the fourth quarter of 2015.

William Doyle will remain on the fund

5/15

Ticker

Fund

Out with the old

In with the new

Dt

AHFAX

Aurora Horizons Fund

No one, but . . .

Gregory Schneiderman and Patrick Sheedy will join Justin Sheperd, Scott Schweighauser, Anne Morley, and Roxanne Martino, as Pine River Capital Management is added as an eleventh subadvisor to the fund

4/15

BLSAX

BlackRock Emerging Markets Long/Short Equity Fund

Rodolfo Martell is no longer listed as a portfolio manager on the fund

Jeff Shen is joined by Dan Blumhardt and Clint Newman.

4/15

BAGEX

BMO Pyrford Global Equity Fund

Bruce Campbell is no longer listed as a portfolio manager

Suhail Arain, Tony Cousins, Daniel McDonagh, and Paul Simons will carry on

4/15

BPIAX

BMO Pyrford International Stock Fund

Bruce Campbell is no longer listed as a portfolio manager

Tony Cousins, Daniel McDonagh, and Paul Simons will carry on

4/15

CALSX

Calamos Long/Short Fund

Naveen Yalamanchi and Himanshu Sheth are no longer listed as portfolio managers

Gary Black, John Calamos, Daniel Fu, Brendan Maher, and Matthew Wolfson remain on the fund

4/15

LACAX

Columbia Acorn Fund

Robert Mohn will be stepping down near the end of the year

David Frank will be joined by P. Zachary Egan

4/15

LAUAX

Columbia Acorn USA

Robert Mohn will be stepping down near the end of the year

William Doyle will remain on the fund

4/15

EGFFX

Edgewood Growth Fund

James Robillard no longer serves as a portfolio manager of the fund

Alan Breed, Lawrence Creel, Scott Edwardson, Alexander Farman-Farmaian, Peter Jennison, Kevin Seth, and Nicholas Stephens carry on

4/15

FAGAX

Fidelity Advisor Growth Opportunities Fund

Steven Wymer no longer serves as co-manager of the fund

Gopal Reddy continues to server as sole portfolio manager

4/15

GMAMX

Goldman Sachs Multi-Manager Alternatives Fund

GAM International Management is no longer listed as a subadvisor to the fund

The primary management team, Jason Gottlieb and Ryan Roderick, remain with the fund.

4/15

EXCRX

Manning & Napier Core Bond Fund

Jack Bauer is no longer listed as a portfolio manager. At about this point Chip, the proprietor of this list, discovered that M&N had changed management on virtually every fund and began grinding her teeth.

Marc Bushallow and R. Keith Harwood remain on the fund

4/15

MNCPX

Manning & Napier Core Plus Bond Fund

Jack Bauer is no longer listed as a portfolio manager

Marc Bushallow and R. Keith Harwood remain on the fund

4/15

EXDVX

Manning & Napier Diversified Tax Exempt

Jack Bauer and James Nawrocki are no longer listed as portfolio managers

Elizaveta Akselrod and Marc Bushallow have taken over portfolio management

4/15

MDOIX

Manning & Napier Dynamic Opportunities Fund

Ebrahim Busheri is no longer a portfolio manager

Brian Lester and Ajay Sadarangani remain, and are joined by Habibe Hakiqi

4/15

MNIEX

Manning & Napier Emerging Markets Fund

Jeffrey Herrmann and Marc Tommasi are no longer listed as portfolio managers of the fund

Christian Andreach remains, and is joined by Muris Demirovic, Brian Ecker, and Ben Rozen.

4/15

MNFIX

Manning & Napier Focused Opportunities Fund

Walter Stackow is no longer a portfolio manager

John Mitchell and Robert Pickels are joined by William Moore in managing the fund

4/15

MNGIX

Manning & Napier Global Fixed Income Fund

Jack Bauer is no longer listed as a portfolio manager

Marc Bushallow, Marc Tommasi, and R. Keith Harwood remain on the fund

4/15

MNHAX

Manning & Napier High Yield Bond Fund

Jack Bauer is no longer listed as a portfolio manager

Marc Bushallow and R. Keith Harwood remain on the fund

4/15

EXWAX

Manning & Napier World Opportunities Fund

Christian Andreach, Jeffrey Coons, Ebrahim Busheri, Brian Gambill, Jeffrey Herrmann, Brian Lester, Michael Magiera, Christopher Petrosino, Robert Pickels, and Virge Trotter are no longer portfolio managers of the fund

Marc Tommasi, Ben Rosin, and Ebrahim Busheri remain, and are joined by Ajay Sadarangani.

4/15

MNIIX

Manning and Napier International Fund

Sidharth Abrol is no longer a portfolio manager

Marc Tommasi and Ben Rosin are joined by Robert Crawford and Scott Shattuck

4/15

QVGIX

Oppenheimer Global Allocation Fund

No one, but . . .

Mark Hamilton and Benjamin Rockmuller are joined by Dokyoung Lee and Alessio de Longis

4/15

PWAGX

Pathway Advisors Aggressive Growth Fund

No one, but . . .

James Worden joins David Schauer in managing the fund

4/15

PWCNX

Pathway Advisors Conservative Fund

No one, but . . .

James Worden joins David Schauer in managing the fund

4/15

PIPGX

Philadelphia Investment Partners New Generation Fund

“Joseph Duncan is no longer the Vice President or Portfolio Manager of Philadelphia Investment Partners, LLC, and is no longer affiliated with the Fund, Trust, or Adviser in any capacity.” Do you suppose Joseph was naughty?

Peter Zeuli continues on as the sole portfolio manager

4/15

SBMBX

Saratoga Energy & Basic Materials Fund

Salil Sharma is no longer listed as a portfolio manager

David Cohen continues as sole portfolio manager

4/15

SNTNX

Sentinel Mid Cap Fund

Carole Hersam will resign at the end of May, 2015

Jason Ronovech will continue as the sole portfolio manager

4/15

SAGWX

Sentinel Small Company Fund

Carole Hersam will resign at the end of May, 2016

Jason Ronovech will continue as the sole portfolio manager

4/15

WAEGX

Sentinel Sustainable Mid Cap Opportunities Fund

Carole Hersam will resign at the end of May, 2017

Jason Ronovech will continue as the sole portfolio manager

4/15

SPABX

SilverPepper Merger Arbitrage Fund

Daniel Lancz and Jeff O’Brien, along with sub-advisor Glenfinnen Capital, are out.

Steven Gerbel is in, with sub-advisor Brown Trout Management

4/15

PAGEX

T. Rowe Price Global Real Estate Fund

David Lee is no longer listed as a portfolio manager

Nina Jones is the new portfolio manager

4/15

PRFEX

T. Rowe Price Institutional International Growth Equity Fund

Robert Smith is no longer listed as a portfolio manager

Richard Clattenburg has taken over as portfolio manager

4/15

PRITX

T. Rowe Price International Stock Fund

Robert Smith is no longer listed as a portfolio manager after an eight year stint in which he produced modestly average returns for average risk.

Richard Clattenburg, who hasn’t previously managed a fund, gets his chance to be mediocre here. That’s no knock on Mr. C., but this fund has been doggedly mediocre through several sets of managers.

4/15

TEMFX

Templeton Foreign Fund

Lisa Myers is no longer listed as a manager of the fund

Tucker Scott, Norman J. Boersma, James Harper, and Heather Arnold remain

4/15

TAGBX

Templeton Global Balanced Fund

Lisa Myers is no longer listed as a manager of the fund

Heather Arnold joins Norman Boersma, James Harper, Michael Hasenstab, and Christopher Molumphy in running the fund.

4/15

TEPLX

Templeton Growth Fund

Lisa Myers is no longer listed as a manager of the fund

Tucker Scott, Norman J. Boersma, James Harper, and Heather Arnold remain

4/15

TEMWX

Templeton World Fund

Lisa Myers is no longer listed as a manager of the fund

Tucker Scott, Norman J. Boersma, James Harper, and Heather Arnold remain

4/15

TEQAX

Touchstone Large Cap Growth Fund

Navellier & Associates, Inc. has been terminated as a sub advisor to the fund, and Louis Navellier is no longer a portfolio manager

Russell Implementation Services will act as an interim advisor until Rockefeller & Company comes on board around May 4th. William Hollister will serve as the portfolio manager until that time.

4/15

GBTFX

US Global Investors All American Equity Fund

John Derrick no longer serves as a portfolio manager to the fund

Frank Holmes is joined by Ralph Aldis in managing the fund

4/15

USCOX

US Global Investors China Region Fund

John Derrick no longer serves as a portfolio manager to the fund

Frank Holmes and Xian Liang continue on

4/15

EUROX

US Global Investors Emerging Europe Fund

John Derrick no longer serves as a portfolio manager to the fund

Frank Holmes is joined by Ralph Aldis in managing the fund

4/15

MEGAX

US Global Investors Holmes Macro Trends Fund

John Derrick no longer serves as a portfolio manager to the fund

Frank Holmes and Brian Hicks continue on

4/15

NEARX

US Global Investors Near-Term Tax Free Fund

John Derrick no longer serves as a portfolio manager to the fund

Frank Holmes is joined by Ralph Aldis in managing the fund

4/15

UGSDX

US Global Investors US Government Securities Ultra-Short Bond Fund

John Derrick no longer serves as a portfolio manager to the fund

Frank Holmes is joined by Ralph Aldis in managing the fund

4/15

WRAAX

Wilmington Multi-Manager Alternatives Fund

Naveen Yalamanchi and Himanshu Sheth are no longer listed as portfolio managers

The rest of the team remains for now.

4/15

Ticker

Fund

Out with the old

In with the new

Dt

SHKIX

Aftershock Strategies Fund

Dr. John David Wiedemer and Robert Wiedemer are no longer portfolio managers of the fund.

Daniel Cohen remains as the sole portfoliio manager

3/15

ELSAX

Altegris Equity Long Short Fund

Joseph Jolson and Jim Fowler are no longer listed as portfolio managers to the fund.

Richard Schimel has joined the remainder of the team of Robert Murphy, Eric Bundonis, Don Destino, Kelly Wiesborck, Robert Kim, and Richard Chilton.

3/15

BCSAX

BlackRock Commodity Strategies Fund

Catherine Raw is no longer listed as a portfolio manager of the fund

Robin Batchelor, Evy Hambro, Poppy Allonby, Rob Shimell, and Ricardo Fernandez continue to run the fund

3/15

BDHAX

BlackRock Dynamic High Income

Lutz-Peter Wilke is no longer listed as a portfolio manager

Alex Shingler joins Justin Christofel and Michael Fredericks in running the fund.

3/15

BAICX

BlackRock Multi-Asset Income

Lutz-Peter Wilke is no longer listed as a portfolio manager

Alex Shingler joins Justin Christofel and Michael Fredericks in running the fund.

3/15

BRRAX

BlackRock Multi-Asset Real Return Fund

In a sort of trifecta, Lutz-Peter Wilke is no longer listed as a portfolio manager here, either.

Justin Christofel, Michael Fredericks, Philip Green, and Sunder Ramkumar continue to run the fund.

3/15

CSIFX

Calvert Balanced Fund

Calvert has removed Profit Investment Management as a subadvisor to the fund, as well as Eugene Profit as a portfolio manager

The rest of the team, Natalie Trunow, Matthew Duch, Vishal Khanduja, and Joshua Linder, remains.

3/15

CWVGX

Calvert International Equity Fund

Martin Currie has been removed as a subadvisor to the fund, along with portfolio manager David Sheasby. Fabrice Bay is also no longer listed as a portfolio manager.

Natalie Trunow remains as the sole portfolio manager on the fund.

3/15

CULAX

Calvert Ultra-Short Income Fund

No one, but . . .

Brian Ellis has been added to the team of Vishal Khanduja, Matthew Duch, and Maurice Agudelo

3/15

NIEQX

Columbia Multi-Advisor International Equity Fund, whose name will become Columbia Select International Equity Fund on May 1st.

Dan Ison, Fred Copper, and Colin Moore are no longer listed as portfolio managers

Simon Haines, William Davies, and David Dudding comprise the new management team

3/15

GBRAX

Goldman Sachs BRIC Fund

Edward Perkin and Alina Chiew are no longer listed as portfolio managers for the fund

Prashant Khemka and Basak Yavuz will be managing the fund.

3/15

GEMAX

Goldman Sachs Emerging Markets Equity Fund

Edward Perkin and Alina Chiew are no longer listed as portfolio managers for the fund

Prashant Khemka and Basak Yavuz will be managing the fund.

3/15

GISAX

Goldman Sachs International Small Cap Fund

Aidan Farrell no longer serves on the fund.

Gaurav Rege carries on as the sole portfolio manager.

3/15

HEMAX

Henderson Emerging Markets Fund (formerly Henderson Emerging Market Opportunities)

The entire current team of Nicholas Cowley, Bill McQuaker, Stephen Peak, Andrew Mattlock, and Andrew Gillan, has been removed, as part of a name and strategy change.

Glen Finegan is lead portfolio manager of the fund.

3/15

AACFX

Invesco China Fund

Joseph Tang is no longer listed as the portfolio manager of this fund

Mike Shiao has taken over as portfolio manager

3/15

VVOAX

Invesco Value Opportunity Fund

Yoginder Kak and Jason Leder are out, possibly as part of a strategy change.

R. Canon Coleman, Jonathan Edwards, and Jonathan Mueller are the new managers to the fund.

3/15

JAMVX

Janus Aspen Perkins Mid Cap Value Fund

Jeffrey Kautz is no longer listed as a portfolio manager

Thomas Perkins and Kevin Preloger are joined by Justin Tugman.

3/15

BELAX

Modern Technology Fund

Marc Lewis is no longer the portfolio manager of the fund

The new team is David Morton, Peter DeCaprio, and Andrew Tuttle. Our advice: don’t get comfortable, this microscopic, spectacularly bad fund tends to eat a team a year.

3/15

TMFEX

Motley Fool Epic Voyage Fund

Tim Hanson has taken a new position at The Motley Fool, LLC (bye, Tim!) and will no longer serve as a senior portfolio manager for the fund.

The remainder of the team, William Mann, William Barker, Anthony Arsta, Nathan Weisshaar, Bryan Hinmon, David Meier, and Charles Travers, remain.

3/15

TMFGX

Motley Fool Great America Fund

Tim Hanson has taken a new position at The Motley Fool, LLC, and will no longer serve as a senior portfolio manager for the fund.

The remainder of the team, William Mann, William Barker, Anthony Arsta, Nathan Weisshaar, Bryan Hinmon, David Meier, and Charles Travers, remain.

3/15

FOOLX

Motley Fool Independence Fund

Tim Hanson has taken a new position at The Motley Fool, LLC, and will no longer serve as a senior portfolio manager for the fund.

The remainder of the team, William Mann, William Barker, Anthony Arsta, Nathan Weisshaar, Bryan Hinmon, David Meier, and Charles Travers, remain.

3/15

OEMAX

Oppenheimer Emerging Markets Local Debt Fund

Sara Zervos is no longer listed as a portfolio manager for the fund

Hemant Baijal continues to run the fund

3/15

OGYAX

Oppenheimer Global High Yield Fund

Jack Brown, Krishna Memani, and Sara Zervos are no longer listed as portfolio managers on the fund.

Young-Sup Lee has been joined by Michael Mata and Christopher Kelly.

3/15

OPSIX

Oppenheimer Global Strategic Income Fund

Jack Brown and Sara Zervos are no longer listed as portfolio managers on the fund.

Hemant Baijal joins Michael Mata and Krishna Memani in running the fund

3/15

OIBAX

Oppenheimer International Bond Fund

Sara Zervos is no longer listed as a portfolio manager for the fund

Christopher Kelly joins Hemant Baijal in running the fund

3/15

JDPAX

Perkins Mid Cap Value Fund

Jeffrey Kautz is no longer listed as a portfolio manager

Thomas Perkins and Kevin Preloger are joined by Justin Tugman.

3/15

JPVAX

Perkins Value Plus Income Fund

Jeffrey Kautz is no longer listed as a portfolio manager

Theodore Thome, R. Gibson Smith, and Darrell Watters will remain on the fund

3/15

FLILX

Strategic Advisers Emerging Markets Fund of Funds

No one, but . . .

M&G Investment Management has been added as a new subadviser, joining Pyramis Global Advisors and Acadian Asset Management

3/15

FMJDX

Strategic Advisers International Fund

No one, but . . .

Arrowstreet Capital has been added as a new subadvisor, joining Causeway Capital Management, Massachusetts Financial Services Company, Pyramis Global Advisors, TS&W, and William Blair & Company

3/15

FNAPX

Strategic Advisers Small-Mid Cap Fund

Massachusetts Financial Services Company is no longer a subadvisor to the fund.

Portolan Capital Management has been added as a new subadvisor to the fund, joining Advisory Research, The Boston Company Asset Management, Fisher Investments, Invesco Advisers, Kennedy Capital Management, Neuberger Berman Management, Pyramis Global Advisors, RS Investment Management, and Systematic Financial Management.

3/15

TGIBX

TCW International Growth Fund

Rohit Sah is no longer listed as a portfolio manager

Andrey Glukhov and Ray Prasad remain with the fund.

3/15

TGICX

TCW International Small Cap Fund

Rohit Sah is no longer listed as a portfolio manager

Andrey Glukhov and Ray Prasad remain with the fund.

3/15

TFCVX

Third Avenue Focused Credit Fund

Edwin Tai is no longer listed as a portfolio manager

Thomas LaPointe, Nathaniel Kirk, and Joseph Zalewski remain with the fund

3/15

TPEAX

Thrivent Partner Emerging Markets Equity Fund

Rafi Zaman has retired and is no longer listed as a portfolio manager to the fund

The new management team members are Hugh Young, Fiona Manning, Joanne Irvine, Devan Kaloo, and Mark Gordon-James

3/15

TSWEX

TS&W Equity Fund

Elizabeth Cabell Jennings is no longer serving as a portfolio manager.

Paul Ferwerda continues on.

3/15

VDGAX

Victory Dividend Growth Fund

As part of a change in investment strategy, Gregory Ekizian is no longer listed as a portfolio manager.

Lawrence Babin, Paul Danes, Carolyn Rains, Martin Shagrin, and Thomas Uutala comprise the new management team.

3/15

EGOAX

Wells Fargo Advantage Large Cap Core Fund

No one, but . . .

John Campbell has joined Jeff Moser in managing the fund

3/15

Ticker

Fund

Out with the old

In with the new

Dt

AOFAX

Alger Growth Opportunities Fund

Jill Greenwald is no longer listed as portfolio manager of the fund

Amy Zhang is now portfolio manager of the fund; kudos to Alger for actually recognizing the fact – unknown to most of the industry – that women can be first-rate managers on first-rate funds.

2/15

AHSAX

Alger Health Sciences Fund

Joel Emery is no longer listed as a portfolio manager

Teresa McRoberts joins Dan Chung in managing the fund

2/15

AMGAX

Alger Mid Cap Growth Fund

Joel Emery is no longer listed as a portfolio manager

Teresa McRoberts joins Christopher Walsh, Brian Schulz, Michael Melnyk, Alex Goldman, and Ankur Crawford on the management team

2/15

ALSAX

Alger Small Cap Growth Fund

No one, but . . .

Jill Greenwald is joined by Amy Zhang in managing the fund

2/15

FXDAX

Altegris Fixed Income Long Short Fund

No one, but . . .

MAST Capital Management has been added as a subadvisor with Joe Lu, Peter Reed, and David Steinberg joining the existing team of Eric Bundonis, Robert Murphy, Kevin Schweitzer and Anilesh Ahuja.

2/15

MCRAX

Altegris Macro Strategy Fund

No one, but . . .

PhaseCapital has been added as a subadvisor with Pinaki Chatterjee and Geoffrey Goodell joining the team of Robert Murphy, Eric Bundonis, and John Tobin.

2/15

MBDFX

AMG Managers Total Return Bond Fund

PIMCO is no longer a subadvisor to the fund and Mihir Worah, Scott Mather, and Mark Kiesel are no longer portfolio managers.

Mary Kane, of subadvisor Gannet Welsh & Kotler, is the new portfolio manager.

2/15

AHFAX

Aurora Horizons Fund

No one, but . . .

Feingold O’Keeffe Capital has been added as a subadvisor.

2/15

BMCRX

BlackRock Flexible Equity Fund

Timothy Keefe is no longer listed as a portfolio manager on the fund

Peter Stournaras takes over portfolio management of the fund

2/15

BGORX

BlackRock Global Opportunities

No one, but . . .

Simon McGeough joined Thomas Callan and Ian Jamieson in managing the fund

2/15

BREAX

BlackRock International Opportunities

No one, but . . .

Simon McGeough joined Thomas Callan and Ian Jamieson in managing the fund

2/15

BMMAX

BlackRock Multi-Manager Alternative Strategies Fund

No one, but . . .

Achievement Asset Management has been added as a subadvisor, joining Independence Capital Asset Partners, LLC; LibreMax Capital, LLC; Meehan Combs, LP; Benefit Street Partners, LLC; and QMS Capital Management, LP.

2/15

BRTNX

Bretton Fund

No one, but . . .

Stephen Dodson will be joined by Raphael de Balmann in managing the fund and co-owning the adviser.

2/15

BCSIX

Brown Capital Management Small Company Fund

Amy Zhang leaves for an opportunity to manage her own fund, Alger Growth Opportunities (AOFAX).

Robert Hall, Keith Lee, Kempton Ingersol, Damien Davis, and Andrew Fones remain.

2/15

LEGAX

Columbia Large Cap Growth Fund

No one, but . . .

Tchintcia Barrows joins John Wilson and Peter Deininger in managing the fund

2/15

DDMAX

Deutsche Diversified Market Neutral Fund

Henderson Alternative Investment Advisor Ltd. will be resigning as a subadvisor in mid-May.

GAM International Management Limited will remain

2/15

FABLX

Fidelity Advisor Balanced Fund

Ford O’Neil is no longer listed as a portfolio manager

Pramod Atluri has joined the team of Robert Stansky, Steven Kaye, Robert Lee, Douglas Simmons, Pierre Sorel, Peter Saperstone, Tobias Welo, Brian Lempel, Jonathan Kasen, and Monty Kori.

2/15

FGBLX

Fidelity Global Balanced Fund

Risteard Hogan is off here after a year but remains at Fido Canada.

The rest of the team, Ruben Calderon, Geoff Stein, Andy Weir, John Lo, Stephen DuFour, Maria Nikishkova, and Stefan Lindblad, remains

2/15

FBNDX

Fidelity Investment Grade Bond Fund

No one, but . . .

Pramod Alturi joins Jeffrey Moore in managing the fund

2/15

GCMAX

Goldman Sachs Mid Cap Value Fund

No one, but . . .

Timothy Ryan joins the management team of Sean Gallagher, Andrew Braun, and Dolores Bamford

2/15

HRMDX

Heartland Mid Cap Value Fund

Theodore Baszler has retired.

Will Nasgovitz joins Colin McWey as a co-manager of the fund

2/15

HRSVX

Heartland Select Value Fund

Theodore Baszler has retired.

Colin McWey will join David Fondrie and Will Nasgovitz as a co-manager on the fund

2/15

HDPBX

Hodges Blue Chip 25 Fund

Don Hodges has passed away at the age of 80

Gary Bradshaw, Craig Hodges, and Eric Marshall remain

2/15

HDPEX

Hodges Equity Income Fund

Don Hodges has passed away at the age of 80

Gary Bradshaw, Craig Hodges, and Eric Marshall remain

2/15

HDPMX

Hodges Fund

Don Hodges has passed away at the age of 80

Eric Marshall will join Craig Hodges as co-portfolio manager to the fund

2/15

HDPCX

Hodges Pure Contrarian Fund

Don Hodges has passed away at the age of 80

Gary Bradshaw, Craig Hodges, and Eric Marshall remain

2/15

HDPSX

Hodges Small Cap Fund

Don Hodges has passed away at the age of 80

Craig Hodges, Gary Bradshaw, and Eric Marshall remain

2/15

HDSVX

Hodges Small Intrinsic Value Fund

Craig Hodges is no longer listed as a portfolio manager.

Gary Bradshaw, Eric Marshall, Derek Maupin, and Chris Terry remain

2/15

HDSMX

Hodges Small-Mid Cap Fund

Don Hodges has passed away at the age of 80

Gary Bradshaw, Craig Hodges, and Eric Marshall remain

2/15

INHAX

Inflation Hedges Strategy Fund

Jeffrey Heuer and Lindsay Politi are out, and Wellington Management Company will no longer be a subadvisor to the fund.

The rest of the extensive team remains.

2/15

INHAX

Inflation Hedges Strategy Fund

Alec Petro passed away on December 21, 2014

The rest of the team remains.

2/15

JVTAX

Janus Venture Fund

Maneesh Modi is no longer listed on the fund

Jonathan Coleman remains as the sole portfolio manager

2/15

OWLSX

Old Westbury Large Cap Strategies Fund

No one, but . . .

Harding Loevner has been added as a subadvisor to the fund, and is responsible for day-to-day management. Consequently, Rusty Johnson, Craig Shaw, Pradipta Chakrabortty, Scott Crawshaw and Richard Schmidt have been added to the management team. Messrs. Johnson and Shaw will be co-lead portfolio managers.

2/15

PBAAX

PNC Balanced Allocation Fund

Andrew Harding is no longer listed as a portfolio manager

Sean Rhoderick will take over Mr. Harding’s portfolio management responsibilities.

2/15

RHFRX

Royce Heritage Fund

No one, but . . .

Steven McBoyle becomes the fund’s lead portfolio manager. Charles Royce and James Harvey continue to manage the fund with him.

2/15

RINSX

Russell International Developed Markets Fund

James Carpenter and Philip Hoffman are no longer listed as portfolio managers

Jon Eggins is now the portfolio manager

2/15

RTIYX

Russell Select International Equity Fund

James Carpenter and Philip Hoffman are no longer listed as portfolio managers

Jon Eggins is now the portfolio manager

2/15

SNAEX

Shroder North American Equity Fund

Liane Evans has resigned from the fund.

The rest of the team, Stuart Adrian, Stephen Langford, Ben Corris, James Larkman, and Jason Abercrombie, remain.

2/15

THDAX

Thornburg Developing World Fund

Lewis Kaufman, the fund’s star manager, has decamped for the opportunity to manage a new Artisan fund.

Ben Kirby and Charles Wilson are the new portfolio managers

2/15

TSCGX

Touchstone Capital Growth Fund

Ashfield Capital Partners is out as a subadvisor to the fund. As a result, Gregory Jones, Peter Johnson, J. Stephen Lauck, and Marc Lieberman are no longer listed as portfolio managers.

Russell Implementation Services will act as an interim advisor until The London Company comes on board at the end of April. William Hollister will serve as the portfolio manager until that time.

2/15

IHIYX

Transamerica High Yield Bond Fund

Bradley Beman is no longer listed as a portfolio manager

Kevin Bakker and James Schaeffer move up to co-lead portfolio manager positions. Benjamin Miller remains on the fund as a portfolio manager

2/15

TMSCX

Turner Medical Sciences Long/Short Fund

No one, but . . .

Robert Turner joins Michael Tung in managing the fund

2/15

TSPCX

Turner Spectrum

No one, but …

Mr. Turner has now added himself and his two sons to the management team; son Eric in mid-2014, himself and son Michael in early 2015. Not entirely clear that a $50 million fund needed three more managers but, hey, when you own the company …

VPDAX

Vantagepoint Diversifying Strategies Fund

No one, but . . .

Stuart Spangler was added as a portfolio manager, joining Mark Shenkman

2/15

SSVSX

Victory Special Value Fund

As part of a change in investment strategy, Gregory Ekizian is no longer listed as a portfolio manager.

Lawrence Babin, Paul Danes, Carolyn Rains, Martin Shagrin, and Thomas Uutala comprise the new management team.

2/15

NTKLX

Voya Multi-Manager International Small Cap Fund

No one, but . . .

Victory Capital Management has been added as a subadvisor to the fund.

2/15

WTEIX

Westcore Growth Fund

Ross Moscatelli is no longer a portfolio manager

Craig Juran will continue on.

2/15

WRAAX

Wilmington Multi-Manager Alternatives Fund

Loeb King Capital will no longer be a subadvisor to the fund as part of their larger withdrawal from the fund world.

Calamos Advisors, Highland Capital Management, and Highland Capital Healthcare Advisors will become new subadvisors to the fund. The list of old, new, continuing, provisional, and assistant night shift managers is extensive: 19.

2/15

ZLSCX

Ziegler Strategic Income

Sergio Castellon left in January

Brian Schuster joins Paula Horn in managing the fund.

2/15

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

Ticker

Fund

Out with the old

In with the new

Dt

AGMZX

361 Global Macro Opportunity Fund

Brian Cunningham is no longer a portfolio manager of the fund

Clifford Stanton joins Blaine Rollins, Jeremy Frank, Nick Libertini and Aditya Bhave

12/14

AMFZX

361 Managed Futures Strategy Fund

Brian Cunningham and Randall Bauer are no longer portfolio managers for the fund.

Clifford Stanton joins Blaine Rollins, Tom Florence, Jeremy Frank, Nick Libertini and Aditya Bhave

12/14

ALSZX

361 Market Neutral Fund

Brian Cunningham and Randall Bauer are no longer portfolio managers for the fund.

Clifford Stanton joins Blaine Rollins, Tom Florence, Jeremy Frank, Nick Libertini and Aditya Bhave

12/14

AIEAX

American Beacon International Equity Fund

Neil Devlin has been removed as a portfolio manager

The rest of the extensive team remains.

12/14

AGGRX

American Century Global Growth Fund

No one, but . . .

Ted Harlan has been promoted to portfolio manager, joining Keith Creveling and Brent Puff

12/14

AARMX

American Independence Risk-Managed Allocation Fund

No one, but . . .

Charles McNally joins the existing team of John Forlines and Eric Rubin.

12/14

IFCSX

American Independence Stock Fund

No one, but . . .

AJO Partners is being added as a sub-advisor to the fund

12/14

MGGBX

AMG Managers Global Income Opportunity Fund

No one, but . . .

Scott Service joined the team of Kenneth Buntrock, David Rolley, and Lynda Schweitzer

12/14

BROAX

BlackRock Global Opportunities Portfolio

Nigel Hart

Thomas Callan and Ian Jamieson remain

12/14

BREAX

BlackRock International Opportunities Portfolio

Nigel Hart

Thomas Callan and Ian Jamieson remain

12/14

BMEAX

BlackRock U.S. Opportunities Portfolio

Nigel Hart

Thomas Callan and Ian Jamieson remain

12/14

CEIAX

Calvert Equity Income Fund

James McGlynn is no longer listed as a portfolio manager

Rachel Volynsky and Natalie Trunow join Yvonne Bishop in managing the fund. We’ll note, in passing, that an all-female portfolio management team is a regrettable rarity.

12/14

CWVGX

Calvert International Equity Fund

Thornburg Investment Management has been removed as a subadvisor, along with Rolf Kelly. Additionally, Christine Montgomery will be retiring in January.

Fabrice Bay has joined David Sheasby and Natalie Trunow.

12/14

CLVAX

Calvert Large Cap Value Fund

James McGlynn is no longer listed as a portfolio manager

Rachel Volynsky and Natalie Trunow join Yvonne Bishop in managing the fund.

12/14

IGLGX

Columbia Global Equity Fund

As of January 15, 2015, Neil Robson will no longer be listed as a portfolio manager

David Dudding will join Pauline Grange at that time.

12/14

NEIAX

Columbia Large Cap Index Fund

Alfred Alley is no longer on the fund

Christopher Lo has joined Vadim Shteyn in managing the fund

12/14

NTIAX

Columbia Mid Cap Index Fund

Alfred Alley is no longer on the fund

Christopher Lo has joined Vadim Shteyn in managing the fund

12/14

NMSAX

Columbia Small Cap Index Fund

Alfred Alley is no longer on the fund

Christopher Lo has joined Vadim Shteyn in managing the fund

12/14

DRCVX

Comstock Capital Value Fund

Martin Weiner is no longer listed as a portfolio manager

Charles Minter is joined by Dennis DeCore.

12/14

AVGAX

Dynamic Total Return Fund

No one, but . . .

Sinead Colton joins Torrey Zaches, James Stavena, Joseph Miletech, and Vassilis Dagioglu in managing the 3 month old fund

12/14

ETGIX

Eaton Vance Greater India Fund

Christopher Darling is no longer listed as a portfolio manager

Rishikesh Patel takes over

12/14

FRFDX

First Investors Floating Rate Fund

David Bowen is no longer listed as a portfolio manager

Clinton Comeaux has joined Dennis Dowden and Bryan Petermann

12/14

FACEX

Frost Growth Equity Fund

No one, but . . .

AB Mendez joins the team of Brad Thompson, Tom Stringfellow, and John Lutz

12/14

GIEIX

GE International Equity Fund

Jonathan Passmore retired as portfolio manager on November 30, 2014.

Ralph Layman and Michael Solecki carry on.

12/14

GRGAX

Giralda Risk-Managed Growth Fund

Marina Goodman and Jeremy Welther left the fund on October 28, 2014

Gladys Chow joined Jerry Miccolis, effective December 1, 2014.

12/14

GLBFX

GL Beyond Income Fund

As of November 14th, Frank Luisi was no longer listed as a co-portfolio manager. Remaining manager, Daniel Thibeault, was arrested by the FBI in early December on securities fraud charges. He’s subsequently been blocked from accessing the fund’s assets.

As of December 12, the fund is closed to new share sales while the board figures this out.

12/14

GTCIX

Glenmede International

Management is being taken in-house, so Philadelphia International Advisors is out, along with Wei Huang and Stephen Dolce.

Alexander Antanasiu, Paul Sullivan, and Vladimir de Vassal will manage the fund.

12/14

SAOAX

Guggenheim Alpha Opportunity Fund

Effective immediately, Michael Dellapa will no longer serve as a portfolio manager for the fund.

The remaining portfolio managers for the Fund, Michael Byrum and Ryan Harder, have assumed Mr. Dellapa’s portfolio management responsibilities

12/14

GMIFX

GuideMark Opportunistic Fixed Income Fund

Canyon Chan is no longer a portfolio manager of the fund.

The team of Matthew Eagan, Michael Hasenstab, Kevin Kearns, Todd Vandam, Philip Barach, Jeffrey Gundlach, and Christine Zhu will carry on.

12/14

GPARX

GuidePath Absolute Return Asset Allocation Fund

Michael Abelson no longer serves as a portfolio manager for the fund.

Zoë Brunson and Selwyn Crews are joined by Jeremiah Chafkin

12/14

GPAMX

GuidePath Altegris Diversified Alternatives Allocation Fund

Matthew Osborne no longer serves as a portfolio manager for the fund.

Robert Murphy and Lara Magnusen are now managing the fund

12/14

GPIFX

GuidePath Fixed Income Allocation Fund

Michael Abelson no longer serves as a portfolio manager for the fund.

Zoë Brunson and Selwyn Crews are joined by Jeremiah Chafkin

12/14

GPMIX

GuidePath Multi-Asset Income Asset Allocation Fund

Michael Abelson no longer serves as a portfolio manager for the fund.

Zoë Brunson and Selwyn Crews are joined by Jeremiah Chafkin

12/14

GPSTX

GuidePath Strategic Asset Allocation Fund

Michael Abelson no longer serves as a portfolio manager for the fund.

Zoë Brunson and Selwyn Crews are joined by Jeremiah Chafkin

12/14

GPTCX

GuidePath Tactical Constrained Asset Allocation Fund

Michael Abelson no longer serves as a portfolio manager for the fund.

Zoë Brunson and Selwyn Crews are joined by Jeremiah Chafkin

12/14

GPTUX

GuidePath Tactical Unconstrained Asset Allocation Fund

Michael Abelson no longer serves as a portfolio manager for the fund.

Zoë Brunson and Selwyn Crews are joined by Jeremiah Chafkin

12/14

ICSCX

ICM Small Company Portfolio

On December 31, 2014, Simeon Wooten and Robert Jacapraro will cease serving as portfolio managers of the fund.

William Heaphy and Gary Merwitz will carry on.

12/14

JAIMX

James Alpha Multi-Strategy Alternative Income Portfolio

Marshall Bassett, George Clairmont, Barry Gladstein, Nicolas Jenks, R. Brentwood Strasler, and Lori Wachs are no longer listed as portfolio manager.

Remaining on the fund are William Bales, Andrew Duffy, Leonard Edelstein, Kevin Greene (not the former Steeler), Jakob Holm, James Hug, Michael Montague, Darren Schuringa, and James Vitalie.

12/14

JAWGX

Janus Aspen Global Research Fund

James Goff is off the fund

Carmel Wellso will take the lead over a group of sector team leaders consisting of Jean Barnard, John Jordan, Kristopher Kelley, Ethan Lovell, Kenneth Spruell, and Garth Yettick

12/14

JNRFX

Janus Research

James Goff is retiring after more than a quarter century as Janus, and he’s one of the last managers left from their Gunslinging Golden Days.

Carmel Wellso will take the lead over a group of sector team leaders consisting of Jean Barnard, John Jordan, Kristopher Kelley, Ethan Lovell, Kenneth Spruell, and Garth Yettick

12/14

GAOAX

JPMorgan Global Allocation Fund

No one, but . . .

James Elliot, Jeffrey Geller, Jonathan Cummings, and Grace Koo are joined by Eric Bernbaum

12/14

JNBAX

JPMorgan Income Builder Fund

Patrik Jakobson is no longer listed as a portfolio manager

Jeffrey Geller, Michael Schoenhaut, and Anne Lester are joined by Eric Bernbaum

12/14

MAPOX

Mairs & Power Balanced Fund

Bill Frels has retired after more than 20 years on the fund.

Kevin Earley joins Ronald Kaliebe in managing the fund

12/14

MPGFX

Mairs & Power Growth Fund

Bill Frels, who succeeded the redoubtable George Mairs, retires after 15 years here.

Andrew Adams joins Mark Henneman in managing the fund

12/14

MSCFX

Mairs & Power Small Cap Fund

No one, but …

Allen Steinkopf joins Andrew Adams in managing the fund as part of a firm-wide move to have a second manager on each fund.

12/14

MALGX

Mirae Emerging Markets Fund

Young Hwan Kim is no longer a portfolio manager to the fund

Jose Morales and Rahul Chadha continue on

12/14

MECGX

Mirae Emerging Markets Great Consumer Fund

Young Hwan Kim is no longer a portfolio manager to the fund

Jose Morales and Joohee An continue on

12/14

MSIEX

Morgan Stanley Emerging Markets Domestic Debt Portfolio

No one, but . . .

Jens Nystedt and Warren Mar join Eric Baurmeister

12/14

MEAPX

Morgan Stanley Emerging Markets External Debt Portfolio

No one, but . . .

Jens Nystedt and Warren Mar join Eric Baurmeister

12/14

NMMGX

Northern Multi Manager Global Real Estate

CBRE Clarion Securities is out as a subadvisor to the fund.

Brookfield Investment Management will be a new subadvisor on the fund.

12/14

OMSOX

Oppenheimer Main Street Select Fund

Manind Govil is no longer listed as a portfolio manager

The new team is Benjamin Ram, Magnus Krantz, and Joy Budzinski

12/14

OAIEX

Optimum International Fund

Nigel Hart is no longer listed on the management team

Thomas Callan, Ian Jamieson, and Paul Viera remain

12/14

PTXAX

PIMCO Tax Managed Real Return Fund

Rahul Seksaria is no longer listed as a portfolio manager

Jeremie Banet joins Joseph Deane in managing the fund

12/14

PIAVX

Pioneer Solutions Conservative Fund

Ibbotson Associates is no longer a subadvisor to the fund, and managers Paul Arnold, Brian Huckstep, and Scott Wentsel are out.

Salvatore Buono, John O’Toole, and Paul Weber are taking over the portfolio management duties as Pioneer Investment Management assumes day-to-day management of the fund.

12/14

GRAAX

Pioneer Solutions Growth Fund

Ibbotson Associates is no longer a subadvisor to the fund, and managers Paul Arnold, Brian Huckstep, and Scott Wentsel are out.

Salvatore Buono, John O’Toole, and Paul Weber are taking over the portfolio management duties as Pioneer Investment Management assumes day-to-day management of the fund.

12/14

POAGX

Primecap Odyssey Aggressive Growth Fund

No one, but . . .

James Marchetti joins Joel Fried, Theo Kolokotrones, Alfred Mordecai, and M. Mohsin Ansari on the management team.

12/14

POGRX

Primecap Odyssey Growth Fund

No one, but . . .

James Marchetti joins Joel Fried, Theo Kolokotrones, Alfred Mordecai, and M. Mohsin Ansari on the management team.

12/14

POSKX

Primecap Odyssey Stock Fund

No one, but . . .

James Marchetti joins Joel Fried, Theo Kolokotrones, Alfred Mordecai, and M. Mohsin Ansari on the management team.

12/14

RSGRX

RS Growth Fund

No one, but . . .

Christopher Clark joins D. Scott Tracy, Melissa Chadwick-Dunn, and Stephen Bishop in managing the fund.

12/14

RSMOX

RS Mid Cap Growth Fund

No one, but . . .

Christopher Clark joins D. Scott Tracy, Melissa Chadwick-Dunn, and Stephen Bishop in managing the fund.

12/14

RSDGX

RS Select Growth Fund

No one, but . . .

Christopher Clark joins D. Scott Tracy, Melissa Chadwick-Dunn, and Stephen Bishop in managing the fund.

12/14

GPSCX

RS Small Cap Equity Fund

No one, but . . .

Christopher Clark joins D. Scott Tracy, Melissa Chadwick-Dunn, and Stephen Bishop in managing the fund.

12/14

RSEGX

RS Small Cap Growth Fund

No one, but . . .

Christopher Clark joins D. Scott Tracy, Melissa Chadwick-Dunn, and Stephen Bishop in managing the fund.

12/14

SLLAX

SEI Small Cap Fund

J. P. Morgan and William Blair are out as subadvisors to the fund, along with David Mitchell, Mark Leslie, Chad Kilmer, and Eytan Shapiro.

EAM Investors and Snow Capital Management join the existing (and extensive) ranks, with Montie Weisenberger, Joshua Schachter, and Anne Wickland added to the portfolio management team.

12/14

FNAPX

Strategic Advisers Small-Mid Cap Multi-Manager Fund

Massachusetts Financial Services Company is no longer a subadvisor to the fund. Hence, Michael Grossman and Thomas Wetherald are out as portfolio managers

Christopher Clark, of RS Investment Management, joins the already extensive team.

12/14

GDAMX

The Giralda Manager Fund

Marina Goodman and Jeremy Welther left the fund on October 28, 2014

Gladys Chow joined Jerry Miccolis, effective December 1, 2014.

12/14

TLIIX

TIAA-CREF Enhanced Large-Cap Growth Index Fund

Kelvin Zhang is no longer a portfolio manager of the fund

Adam Cao and James Johnson, Jr. are now the management team.

12/14

PDIAX

Virtus Growth & Income Fund

Shareholders voted to replace the fund’s current subadviser, QS Investors, LLC, with Rampart Investment Management Company, LLC. Therefore, Russell Shtern and Robert Wang are out.

Brendan Finneran and Robert Hofemen, Jr. are now managing the fund.

12/14

IIGIX

Voya Multi-Manager International Equity Fund

Paul Faulkner is out.

Sophie Earnshaw, Moritz Sitte, and Tom Walsh join the large team in managing the fund.

12/14

EKGAX