The portfolio manager seeks to identify undervalued, dividend-paying companies with a focus on changes to return on invested capital (ROIC). The teams employs a fundamental research process that incorporates bottom-up, company-specific research and industry-level analysis to seek a potential improvement in ROIC not yet anticipated by the market.
Laton Spahr, CFA
Laton Spahr, CFA, serves as Value and Income Team Leader and Portfolio Manager of the Large Cap Value, Dividend Value, Mid Cap Value, and Equity Income strategies. Prior to joining the Firm, Mr. Spahr was a senior portfolio manager at Columbia Management Investment Advisors where he managed value and income strategies across institutional and retail investment channels, and was with Columbia for 12 years.