Steve Scruggs, CFA has been employed by BFA since January 2000. Mr. Scruggs is Director of Research and Senior Portfolio Manager of BFA and a Trustee of the Funds. Mr. Scruggs holds a Bachelor’s Degree from North Carolina State University and an MBA from Wake Forest University. He is a CFA charter holder and member of the CFA Institute.

Benjamin Mellman, Portfolio Manager, joined Bragg Financial Advisors (BFA) in 2022. Mr. Mellman spent the prior 10 years at International Value Advisers (IVA) as senior analyst covering industrials and aero/defense with additional experience in financials, real estate, telecom, media, and technology. Prior to IVA, Mr. Mellman worked for RG Niederhoffer Capital Management, a managed futures fund, as a quantitative analyst and trader. Mr. Mellman hold a Bachelor’s Degree and MBA from Columbia University.