High Yield Fund (HWHIX)

I SHARES    A SHARES   
Investment Team

Mr. Hudoff and Mr. Kennedy coordinate the day-to-day management of the High Yield Fund portfolio. They also represent the High Yield Fund to current and prospective shareholders.

Ray Kennedy, CFA
Portfolio Manager
3 Years with H&W
26 Years of Experience
Equity Owner
Mr. Kennedy joined H&W in 2008 and is portfolio manager for the High Yield bond strategy. In his role as portfolio manager, Mr. Kennedy plays an integral part in the investment research review and decision-making process as well as coordinates the day-to-day management of all High Yield bond portfolios. Prior to joining the firm, Mr. Kennedy was a Managing Director, portfolio manager and senior member of PIMCO's investment strategy group. At PIMCO, he headed the global high yield business along with managing and overseeing High Yield funds, bank loan trading and collateralized debt obligations. Mr. Kennedy was formerly associated with the Prudential Insurance Company of America as a private placement asset manager where he was responsible for investing and managing a portfolio of investment grade and high yield privately placed fixed income securities. Prior to that, he was a consultant for Andersen Consulting (now Accenture) in Los Angeles and London. Mr. Kennedy, a CFA charterholder, was nominated for Morningstar’s 2010 Fixed Income Manager of the Year. He received his BS from Stanford University and MBA from the Anderson Graduate School of Management at the University of California, Los Angeles. He is Series 7 and 63 registered.

Mark Hudoff
Portfolio Manager
2 Years with H&W
25 Years of Experience
Equity Owner
Mr. Hudoff joined H&W in 2009 and is portfolio manager for the High Yield bond and Capital Income strategies. In his role as portfolio manager, Mr. Hudoff plays an integral part in the investment research review and decision-making process as well as coordinates the day-to-day management of all High Yield bond and Capital Income portfolios. Prior to joining the firm, Mr. Hudoff was an Executive Vice President, portfolio manager and Head of Global High Yield investments at PIMCO. He started at PIMCO as a credit analyst for the high yield team and moved to Europe in 2000 to build and manage their European credit business, including the management of PIMCO's European High Yield strategies. Upon returning to the U.S. in 2004, Mr. Hudoff founded and developed PIMCO's Global High Yield practice, while also managing U.S. High Yield portfolios. Mr. Hudoff was formerly associated with BCA where he worked as a fixed income strategist. Mr. Hudoff was nominated for Morningstar’s 2010 Fixed Income Manager of the Year. He received his BS in Economics from Arizona State University and MBA in Finance from the University of Chicago Graduate School of Business.