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Stephen Yacktman, Don’s son, has worked with him for 20 years, 10 of which he has been co-manager. Jason Subotky joined as co-manager in 2009, after 8 years with the firm. They are hiring a new analyst later this year as well. Don is in his early 70’s. However, each of the fund’s 3 managers signed 10 year employment contracts as part of their sale to Affiliated Managers Group in 3rd quarter of 2012.
Reply to @Hrux: Jason Subotky is officially co-manager as of 12/31/2009. The one day hardly qualifies as manager in 2009 but he has been there more than 3 years which is long enough as a co-manager.
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Ha, I supplement PCLDX with FSCHX. Debated between the two, but can't remember why I chose it over FSDPX
Stephen Yacktman, Don’s son, has worked with him for 20 years, 10 of which he has been co-manager. Jason Subotky joined as co-manager in 2009, after 8 years with the firm. They are hiring a new analyst later this year as well. Don is in his early 70’s. However, each of the fund’s 3 managers signed 10 year employment contracts as part of their sale to Affiliated Managers Group in 3rd quarter of 2012.
If you equate "non-correlated" with defensive, then that's a decent defense.