Latest Interview Based Profiles (1004)

Plumb Balanced Fund

Balance does not mean being conservative. For Thomas Plumb, founder and manager of Plumb Balanced Fund, it means balancing the risk and the return potential by staying true to the asset allocation structure as the best risk control tactic. Identifying significant global trends, the fund invests about 65% of its assets in companies that will benefit from these changes owing to their business models and sustainable advantages. The rest of the portfolio consists of bonds that serve to moderate the volatility of the stock market.

$77 million

RiverNorth Core Opportunity Fund

The inherent inefficiency of closed-end funds provides opportunities for RiverNorth, one of the largest institutional investors in the space, to take advantage of discounts, premiums and dislocations. Patrick Galley, portfolio manager of the RiverNorth Core Opportunity Fund, has the flexibility to invest across all asset classes and build a diversified mix of closed-end funds and ETFs. While the fund doesn’t time the markets, it adds alpha through timing the discounts.

$104 million

Voya Intermediate Bond Fund

Voya Intermediate Bond Fund runs a highly diversified portfolio, with a minimum of 80% invested in investment grade and the rest of the holdings spread among bank loans, mortgage backed securities and below investment grade bonds. Lead portfolio manager Matt Toms stresses the importance of deep knowledge and collaborative culture for a better understanding of global trends and individual opportunities.

$8.2 billion

Thornburg Limited Term Income Fund

Fixed-income managers tend to have a narrow mandate and a clear focus on specific areas. In contrast, Thornburg Limited Term Income Fund covers the entire taxable fixed-income universe to find relative value. Lon Erickson, co-manager of the fund, stresses the importance of risk/reward evaluation within safety of the principal and income stability.

$5.8 billion

Principal SmallCap Fund

Although financial markets are inherently fragile, companies that provide improving customer experience through positive change are bound to generate wealth for shareholders. Philip Nordhus, portfolio manager of the Principal SmallCap Fund, and a team of analysts look to identify early on companies with such characteristics and with the potential to generate enduring growth rates and profitability.

$700 million

Delaware Smid Cap Growth Fund

As disruptive change can create a new set of winners, shareholders can find it rewarding to invest early in such leaders with long secular trends. Alex Ely, portfolio manager of the Delaware Smid Cap Growth Fund, and a team of analysts follow a disciplined process to identify a list of likely long-term disruption winners for their concentrated portfolio.

$1.8 billion

FAM Dividend Focus Fund

While most dividend strategies focus on the same pool of large-cap companies, the FAM Dividend Focus Fund takes a different approach, with more exposure to the mid-cap space, where companies and dividends tend to grow faster. Running a concentrated portfolio of only about 30 names, fund manager Paul Hogan stresses the importance of selecting competitive, financially sound businesses and holding the winners for the long term.

$454 million

William Blair Large Cap Growth Fund

Managing a concentrated portfolio requires high conviction in the stock selection. James Golan, co-portfolio manager of the William Blair Large Cap Growth Fund, emphasizes quality growth, industry knowledge, and a deep analytical mindset. The fund aims to invest in companies with structural advantages over the next three to five years, identifying industries with secular growth drivers and companies that are expected to lead these industries.

$254 million