Advantus Mutual Funds

ADVANTUS STRATEGIC
DIVIDEND INCOME FUND

Institutional Class - VSDIX

GOAL AND STRATEGY

The Advantus Strategic Dividend Income Fund, managed by Advantus Capital Management, seeks above-average income and long-term growth of capital, with a secondary objective of reduced volatility compared to broader equity markets. The Fund is designed for investors seeking higher income than investment-grade fixed bond funds, without the volatility of stock mutual funds and also seeks to protect investors against inflation. The Fund invests primarily in dividend-paying securities issued by real estate investment trusts (REITs), utilities, oil and gas and other dividend-paying companies, and also selects instruments and securities that help manage volatility and inflation, or that provide exposure to certain sectors of the market.

 

MANAGEMENT TEAM

Joseph Betlej

Joseph Betlej, CFA
Vice President and Portfolio Manager

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Lowell Bolken

Lowell Bolken, CFA
Vice President and Portfolio Manager

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Craig Stapleton

Craig Stapleton, CFA, FRM
Vice President and Portfolio Manager

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Joe is a lead portfolio manager for Advantus' Strategic Dividend Income strategy. He has been active in the real estate industry since 1984. He entered the securities industry when joining Advantus in 1987. Joe's experience includes investing in public and private placement of commercial real estate equity and debt for client accounts, with an additional focus on dividend-oriented stocks.

Joe is a CFA Charterholder, a member of the National Association of Real Estate Investment Trusts and an Advisory Board member of the Applied Real Estate Securities Program at the University of Wisconsin. He is also a member of the CFA Institute and CFA Society of Minnesota.

As Vice President & Portfolio Manager, Lowell is involved in the management of the Advantus Real Estate Securities and Strategic Dividend Income portfolios. Active in the investment industry since 1989, Lowell's hands-on experience in the real estate market includes property management, leasing, negotiating sales and placement of financed debt. Prior to Advantus, Lowell was the head of Corporate Bond Research at RBC Dain Rauscher, focusing on utilities and other higher yielding sector investments.

Lowell is a CFA Charterholder, a member of the National Association of Real Estate Investment Trusts, and a member of the CFA Institute and CFA Society of Minnesota.

Craig is one of the co-portfolio managers of the Managed Volatility Funds. He is also involved in the quantitative analytics and risk management of the Advantus Strategic Dividend Income Fund. Craig is a member of Securian Financial Group's Risk Council.

Craig is a CFA Charterholder, and a member of the CFA Institute and CFA Society of Minnesota. He holds the Financial Risk Manager designation from the Global Association of Risk Professionals. Craig has an MBA in Finance and Bachelor of Science in Computer Engineering, both from the University of Illinois.

FUND FACTS

Institutional - VSDIX

Inception Date
09/12/2012

Gross Expense Ratio
1.09%

Net Expense Ratio*
0.77%

Class A - ASDNX

Inception Date
12/16/2014

Gross Expense Ratio
1.35%

Net Expense Ratio*
1.21%


*Advantus Capital Management, Inc. has contractually agreed to reimburse expenses through December 28, 2018.


OTHER ADVANTUS FUNDS