Clayton Pfannenstiel is co-manager of Defense and Aerospace Portfolio, which he has managed since December 2021. Since joining Fidelity Investments in 2018, Mr. Pfannenstiel has worked as a high yield research analyst and portfolio manager. Prior to joining Fidelity, Mr. Pfannenstiel received an MBA from the Sloan School of Management at MIT.

Todd Haggerty is an associate portfolio manager/analyst at Fidelity Institutional Asset Management (FIAM), an investment organization within Fidelity Investments’ asset management division that is dedicated to serving the needs of consultants and institutional investors, such as defined benefit and defined contribution plans, endowments, and financial advisors. In this role, Mr. Haggerty is the co-portfolio manager of the FIAM Small Cap Growth strategy and associate portfolio manager/analyst for the FIAM Small Company strategy. He is also responsible for the research coverage of U.S. small cap equities within the consumer discretionary and basic materials industries. Prior to assuming his current role, Mr. Haggerty followed the basic materials industry in North and South America. Before joining Fidelity in 2007, Mr. Haggerty served as a small cap equity analyst at Longwood Investment Advisors. Previously, he was an equity analyst following the information technology sector at Kaintuck Capital Management and a research associate at Bowman Capital Management. He has been in the financial industry since 2000. Mr. Haggerty earned his bachelor of arts degree in economics from Amherst College.