River Road Asset Management
is prepping a new fund in the Aston
mutual fund family. The Lousiville, Kentucky-based asset manager plans to release a second series of the ASTON/River Road Dividend All Cap Fund, as disclosed
in documents filed with the SEC.
The PMs for the new mutual fund will be Henry W. Sanders III
, Thomas Forsha
, and James Shircliff
. Sanders and Shircliff co-founded River Run in 2005.
, River Road's vice president of client and consultant relations, told MFWire
that the fund will be benchmarked to the Russel 3000 index and aim for 200-300 basis points of outperformance. The PMs will target companies that pay at least 2 percent dividend.
Stay ahead of the news ... Sign up for our email alerts now