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Advisor Information for FOBAX

Fund Inception08/06/1996
Name of IssuerTributary Funds
Fund Advisor(s)Tributary Capital Management, LLC
Sub-Advisor(s)First National Advisers, LLC

Fund Managers for FOBAX

Kurt Spieler
Portfolio Manager since 10/01/2014
Kurt Spieler, CFA, Senior Managing Director. Kurt joined First National in 2005 and has over 30 years of experience including the portfolio management of mutual funds in emerging markets, core international and U.S. moderate allocation. Previously, he was head of international equities for Principal Global Investors, as well as president of his own asset management firm. Kurt graduated from Iowa State University and chose to obtain his MBA from Drake University. Kurt is a member of the CFA Institute and the CFA Society of Colorado.
Ronald Horner
Portfolio Manager since 10/01/2014
Ronald Horner, Managing Director, Fixed Income. Ron joined First National in March 2006 as a Managing Director and Head of Fixed Income. In this capacity, Ron provides leadership and oversight for all of First National’s fixed income investment mandates. Ronald’s over 30 year career in investment management includes 18 years with Commercial Federal Bank serving as an Investment Portfolio Manager and Secondary Mortgage Marketing Manager. He received his B.S. from Creighton University and Masters of Business Administration from the University of Nebraska at Omaha.
John Harris
Portfolio Manager since 08/01/2022
John serves as Senior Porfolio Manager for First National Fund Advisors. His responsibilities include the management of portfolios for clients invested in fixed income and equity securities. John joined FNFA in June 2007. He has 16 years of investment experience including analytical roles for Principal Global Investors and American Equity Investment Life Insurance Company. John earned his Bachelor of Arts degree in economics and history as well as his Master of Business Administration degree from the University of Wisconsin. He achieved the designation of Chartered Financial Anlayst and is a member of the CFA Society of Colorado.