Welcome!

News Feed Item

Conestoga Small Cap Fund Managers Nominated for Morningstar's 2013 Domestic-Stock Fund Manager of the Year Award in the United States.

RADNOR, Pa., Jan. 8, 2014 /PRNewswire/ -- Conestoga Capital Advisors, LLC is pleased to announce that Robert M. Mitchell and William C. Martindale, Jr., co-managers of the Conestoga Small Cap Fund, have been nominated for Morningstar's 2013 Domestic-Stock Fund Manager of the Year award in the United States.  The award acknowledges managers who Morningstar determined through its criteria have achieved not only significant accomplishments in 2013, but have also experienced long-term success. 

"We are excited to have been nominated by Morningstar for this award," said Bill Martindale, "and we are proud of the investment results we have achieved for our clients and Fund shareholders through the years."  Formed in 2001, Conestoga manages small- and mid-capitalization stock portfolios for institutional investors, high net worth individuals, and sub-advisory relationships.  The Conestoga Small Cap Fund was launched in October 2002, and now has over $700 million in net assets.  The firm has grown steadily since inception, and manages over $1.7 billion in total assets. The firm is 100% employee-owned by the six managing partners. 

Martindale and Mitchell have co-managed investment portfolios together since 1995, when they began working together at Martindale's previous firm, Martindale Andres & Co.  Rounding out the investment team at Conestoga are Joseph Monahan, David Lawson, and David Neiderer.  Monahan and Lawson are also managing partners at Conestoga, having joined the firm in 2008.  Bob Mitchell added, "We all share a passion for our investment approach, and we have a very collaborative culture for identifying, researching and selecting stocks for the Fund."

The Conestoga Small Cap Fund seeks to provide long-term growth of capital through a portfolio invested in small-cap companies.  The investment team searches for profitable companies, which they believe have sustainable earnings growth rates, strong financial characteristics, and insider ownership.  Conestoga conducts intensive fundamental analysis on every company prior to purchasing the stock into the Fund.

Looking to the future, Conestoga has begun offering a SMid Cap investment strategy to its separate account clients, and plans to launch a mutual fund, the Conestoga SMid Cap Fund, at the end of January 2014.  The SMid Cap strategy represents a blend of both small- and mid-capitalization stocks, and Conestoga believes the new strategy will be a natural extension of its investment expertise.  "The Morningstar Domestic-Stock Fund Manager of the Year award nomination is a proud achievement for all of us at Conestoga," said Mark Clewett, Managing Partner and Director of Institutional Sales.  "But we won't be resting on our laurels, we're looking forward to continuing to serve our clients and Fund shareholders in the years ahead."

ADDITIONAL DISCLOSURES:
The information herein relating to the SMid Cap Fund is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This press release is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.

Please consider the investment objectives, risks and charges and expenses of the Funds discussed in this press release carefully before investing.  This and other information can be found in the prospectus and summary prospectus. A free prospectus or summary prospectus, which contains detailed information, including fees and expenses, and the risks associated with investing in these Funds, can be obtained by calling 1-800-494-2755 or writing to the Fund at Conestoga Funds, 259 N. Radnor-Chester Road, Radnor Court, Suite 120, Radnor, PA 19087. Read the prospectus or summary prospectus carefully before investing.

Securities distributed by Arbor Court Capital, LLC.

Morningstar Inc.'s awards are based on qualitative evaluation and research, thus subjective in nature and should not be used as the sole basis for investment decisions. Morningstar's awards are not guarantees of a fund's future investment performance. Morningstar, Inc. does not sponsor, issue, sell, or promote any open-end mutual funds including Conestoga Capital Advisors funds.

About Conestoga Capital Advisors, LLC
Conestoga Capital Advisors, LLC ( www.conestogacapital.com ) is an independent investment advisory firm with over $1.7 billion in assets under management as of December 31, 2013.  The firm specializes in the management of small- and mid-cap equities.  Conestoga Capital Advisors' investment style is conservative high-quality growth. The firm's portfolio managers utilize a fundamental, bottom-up research approach with a long-term investment focus.

SOURCE Conestoga Capital Advisors, LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his general session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore...
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of patie...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...