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Undiscovered Managers: A Proven Approach in Small Caps

There's no maverick manager making heroic bets against a benchmark at Tributary Small Company Fund--just careful work from an experienced team in Omaha.

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In every issue of Morningstar magazine, Undiscovered Manager profiles a manager on the Morningstar Prospects list compiled by Morningstar Research Services' manager research group.

What stands out first about Tributary Small Company Fund (FOSCX) is its end results. Screen for a small-cap core fund with strong relative performance, and this one comes up near the top time and again. But how it got there doesn't make for a dramatic story. There's no maverick manager making heroic bets against a benchmark here—just careful work from an experienced team in Omaha, Neb.

Laura Lallos does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.