Aston Adds New Dividend Fund Managed by River Road Asset Management

CHICAGO, June 27, 2012 /PRNewswire/ -- Aston Asset Management, LP (Aston) is pleased to announce the addition of a new mutual fund to its family of funds, the ASTON/River Road Dividend All Cap Value Fund II (Tickers: ADVTX N-Class, ADIVX  I-Class ). The Fund opened to investors on June 27, 2012.

(Logo:  http://photos.prnewswire.com/prnh/20110712/NY34046LOGO )

Aston will act as the investment adviser to the new Fund, while River Road Asset Management (River Road) will act as subadviser, responsible for the day-to-day management of the Fund. River Road is an  institutional asset management firm based in Louisville, KY, specializing in value-oriented equity investment management.

"In order to preserve the integrity of the investment process, we needed to soft-close the ASTON/River Road Dividend All Cap Value Fund in December 2011," said Stuart D. Bilton, Chairman and Chief Executive Officer of Aston.  "The closure was met with some disappointment from our clients. So, it is with great pleasure that we are now opening the ASTON/River Road Dividend All Cap Value Fund II, which will have a very similar investment strategy, but will typically exclude securities with a market capitalization of under $1 billion."[1] 

The Fund seeks to provide long-term capital appreciation and high current income. It invests in a diversified, all-cap portfolio of income-producing equity securities resulting in a portfolio yield that management believes will exceed the Russell 3000 Value Index.

The portfolio managers of the Fund are Henry W. Sanders III, CFA, Executive Vice President and Senior Portfolio Manager of River Road, Thomas S. Forsha, CFA, Vice President and Portfolio Manager of River Road, and James C. Shircliff, CFA, Chief Investment Officer of River Road.

"We have enjoyed a long and beneficial relationship with Aston," said R. Andrew Beck, President and Chief Executive Officer of River Road.  "We are very pleased to be partnering with them on the ASTON/River Road Dividend All Cap Value Fund II.  This will be the sixth fund that we have opened together."

To request more information please contact Tony Kono at 973-732-3521 or [email protected]

Aston Asset Management, LP

Headquartered in Chicago, Illinois, Aston provides investment management services to the mutual fund and managed accounts markets by carefully selecting, monitoring and marketing experienced boutique investment managers, who seek to achieve consistent investment performance using disciplined investment processes and best in class business standards.  From the initial due diligence on an investment manager to the launching of a new Aston Fund, we take measured steps to ensure congruence between the requirements of Aston, the capabilities of the subadviser and the needs of clients.  As of May 31, 2012, Aston is the adviser to twenty-six mutual funds with total net assets of approximately $10.1 billion.  Our funds are distributed nationally through intermediaries including registered investment advisors, model platforms, broker-dealers, consultants, retirement platforms and wealth management teams.

Risk Considerations
Small- and Mid-cap stocks are considered riskier than large-cap stocks due to greater potential volatility and less liquidity. Value investing often involves buying the stocks of companies that are currently out of favor that may decline further.

Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. Please call 800 992-8151 for a prospectus or a summary prospectus containing this and other information.  Read it carefully before investing.

Aston Funds are distributed by Foreside Funds Distributors LLC.

[1] Market capitalization calculated at the time of initial purchase.

Contact: Tony Kono
JCPR
973-732-3521
[email protected]

SOURCE Aston Asset Management, LP

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED