Insights

The 2025 “PSN Top Guns Manager of the Decade” ranking was given by Informa Financial Intelligence in February 2026 and covers the ten-year period ending December 31, 2025. KAR has not paid fees to Informa Financial Intelligence to obtain or participate in the ranking. The firm has paid a fee to license use of the award logo and market the results of the ranking.

The Los Angeles Business Journal’s LA500 list ranking for 2025 was given in July 2025 and covers the year 2025. KAR has not paid fees to the award sponsor to obtain the award and did not pay fees to re-license the award.

From LSEG Lipper Fund Award © 2025 LSEG. All rights reserved. Used under license. Awarded on March 13, 2025 for performance through November 30, 2024. Certain compensation was paid for the use of the logo. The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.

The 2024 “PSN Top Guns Manager of the Decade” ranking was given by Informa Financial Intelligence in February 2025 and covers the ten-year period ending December 31, 2024. KAR has not paid fees to Informa Financial Intelligence to obtain or participate in the ranking. The firm has paid a fee to license use of the award logo and market the results of the ranking.

Barron’s fund rankings are measured by each funds’ performance against all other funds in its LSEG Lipper category, with a percentile ranking of 100 being the highest and 1 the lowest. The result is then weighted by asset size, relative to the fund family’s other assets in its general classification. If a family’s biggest funds do well, that performance boosts the overall ranking, while poor performance in the biggest funds will hurt a firm’s ranking. To be included in the ranking a firm must have at least three funds in the general equity category, one world equity, one mixed equity (such as a balanced or target-date fund), two taxable bond funds, and one national tax-exempt bond fund. For additional information regarding Barron’s ranking methodology please refer to the end of the article reprint located here: https://www.virtus.com/assets/files/7v0/barrons_best_fund_families_2024.pdf

The Pensions & Investments’ Top-Performing Managers report was published on March 5, 2024, and covers overall U.S. equity separate accounts for one year; overall U.S. equity separate accounts for five years; overall U.S. equity CITs for one year; and overall U.S. equity CITs for five years ending December 31, 2023. KAR did not pay any fees to participate in the ranking or fees for a license to reprint and distribute the results of the ranking. All data for the Pensions & Investments’ Top-Performing Managers report is provided from Morningstar’s global separate account/collective investment trust database. The data for the separate account and CIT rankings on which the story is based was pulled February 21, 2024. Please see historical performance for the Small Cap Quality Select strategy in this factsheet.

The 2023 “PSN Top Guns Manager of the Decade” ranking was given by Informa Financial Intelligence in February 2024 and covers the ten-year period ending December 31, 2023. KAR has not paid fees to Informa Financial Intelligence to obtain or participate in the ranking. The firm has paid a fee to license use of the award logo and market the results of the ranking.

Financial Planning’s rankings are based on data provided by Morningstar. All data is from Morningstar Direct and is current as of Feb. 12, 2024. Morningstar Rating™ for funds, or ‘star rating,’ is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. This is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not take into account the effect of sales charges and loads.

© 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.