About Yorktown Funds

Time-tested principles. Forward-looking solutions.

Team

Yorktown puts to work time-honored investment principles, award-winning research and the talents of some of the most successful names in the investment industry in our aim for nothing less than market beating, long-term returns.

The longevity of our fund managers and analysts is instrumental in enabling us to operate with a long-term view. Our team has experience navigating multiple market cycles and can bring significant insight to bear on investment decisions through calm and turbulent times.

We continually reinvest in our team, business and capabilities so that we can better serve our clients.

David Dillard Basten President & CIO

David Dillard Basten

President & CIO

As founder of Yorktown Funds, it is my honor to work with a team of seasoned professionals who are committed to pooling their experience, approach and principles to help our clients achieve long- term investment success. Together, we have established high standards for disciplined portfolio construction, an established track record, steadfast focus, professional customer service, integrity in all we do and dedication for doing what’s right for our shareholders.

Our employees possess not only expertise and experience but also an innate sense of quality. They are empowered to do their best and most importantly make a positive difference for you, our client. You can count on us to continue to invest in high-quality people, technology and other resources that will allow our professionals to make sound decisions and then faithfully execute our investment process.

From all of us here at Yorktown Funds, we value the opportunity to work with you and your portfolio to achieve success.

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David Mason Basten Managing Director

David Mason Basten

Managing Director
David began his career at Yorktown in April of 2001. In addition to his duties as a portfolio manager, David is responsible for expanding Yorktown’s product distribution capabilities and also serves as an inside director to the Yorktown Board.
A graduate of Liberty University, David earned a degree in Multi-Disciplinary studies focusing on Business & Religion.
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Brentz East Portfolio Manager

Brentz East

Portfolio Manager
Brentz is a Lynchburg, VA native and joined Yorktown Funds in 2005.
A graduate of Sweet Briar College in Sweet Briar, VA, Brentz earned a Bachelor of Science degree in Computer Science, with a minor in Mathematics.
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Barry D. Weiss, CFA Portfolio Manager

Barry D. Weiss, CFA

Portfolio Manager
Prior to joining Yorktown Funds, Barry was a Senior Director and Global Head of Funds and Asset Manager Ratings in the Financial Institutions ratings group at Kroll Bond Rating Agency. Barry has worked with several institutions including Standard & Poor’s and OppenheimerFunds Inc., the later of which he was responsible for making investment decisions and setting portfolio strategy for four individual funds. Barry earned a Bachelor of Science degree from the University of South Dakota, a Master of Fine Arts degree from Brooklyn College, and holds the Chartered Financial Analyst (CFA) designation.
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John Tener, CFA Portfolio Manager

John Tener, CFA

Portfolio Manager
Prior to joining Yorktown Funds, John served as a Portfolio Manager and Risk Officer for Atlantic Capital Management and was Director of Securities Analysis for Hatteras Financial Corp. A graduate of the University of Virginia and Wake Forest University, John holds the Chartered Financial Analyst (CFA) designation.
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Austin Basten Chief Compliance Officer

Austin Basten

Chief Compliance Officer
Austin, a Lynchburg, VA native, joined Yorktown Funds in 2004.
He holds a Bachelor of Business Administration degree from Emory University in Atlanta, GA, and also earned a J.D. from the Washington and Lee University School of Law in Lexington, VA.
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Dennis Stratton Controller

Dennis Stratton

Controller
Dennis joined Yorktown Funds as Controller in April 1989. A Certified Public Accountant, he was previously at Coopers & Lybrand for four years.
Dennis graduated from Virginia Polytechnic Institute and State University with a Bachelor of Science degree in Accounting. He is married and has two children.
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Charles Foster Chief Financial Officer

Charles Foster

Chief Financial Officer
Charles has served as Yorktown Funds’ Chief Financial Officer since August 1988. A Certified Public Accountant, he worked in public accounting for six years with an international accounting firm.
A native Virginian, Charles graduated from Virginia Polytechnic Institute and State University with a Bachelor of Science degree in Accounting.
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Bonnie Harris Operations Manager

Bonnie Harris

Operations Manager
Bonnie has 34 years of investment industry experience. She joined Yorktown Funds in 1986 and is responsible for the day-to-day-operations. Bonnie was born and raised in Lynchburg, VA.
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Alex Close National Account Executive & Principal

Alex Close

Regional Sales Associate
Alex joined the Yorktown Team in 2016. He serves as the Regional Sales Associate for the Pacific Northwest and Southwest Territories.
Prior to working at Yorktown, Alex played baseball for the Kansas City Royals Minor League System for two years. He is a graduate of Liberty University, where he played baseball and graduated with a B.S. in Business with a focus on Financial Planning in 2015. Alex resides in Lynchburg with his wife Rene.
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Randy Erwin Regional Sales Director
Midwest

Randy Erwin

Regional Sales Director
Midwest
Randy is a 27 year veteran of the financial services industry.
Immediately before joining Yorktown Funds, he served as Midwest Regional Director at Stadion Money Management. Previously, Randy worked at AXA Distributors, first as a wholesaler and subsequently as Western Division Sales Manager. He started his wholesaling career in 1994, covering banks and wirehouse firms for Essex Corporation. Randy began his career as an independent advisor with IDS/American Express, where he served as both a bank investment advisor and a bank program manager.
A graduate of Southeast Missouri State University, Randy earned degrees in Business Economics and Marketing.
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Hernaldo Rivera, Jr. Regional Sales Director
South

Hernaldo Rivera, Jr.

Regional Sales Director
South
Hernaldo has over 22 years of financial services experience. Immediately before joining Yorktown in 2014, he spent five years as Regional Vice President at BNY Mellon/Dreyfus Funds. While leading the firm’s sales efforts in South Texas and Louisiana, he was a two-time President’s Club award winner and was also named Southern Division Wholesaler of the Year in 2013.
Hernaldo graduated from the University of Houston with a Bachelor of Science degree in Economics. He and his wife, Suzanne, live in Houston.
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Pat Connors Regional Sales Director
West

Pat Connors

Regional Sales Director
West
Pat has over 17 years of financial services experience, working with both individual and institutional clients. His prior experience includes serving as a Regional Vice President for Columbia Management, as well as positions at a boutique investment company and a large retirement service provider.
Pat graduated from the University of South Carolina with a Bachelor of Science degree in Management.
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Mike Wooster Regional Sales Director
Mountain West

Mike Wooster, CIMA ®

Regional Sales Director
Mountain West
Mike began his career in the asset management industry in 2000. He previously served as a Senior Internal Wholesaler for State Street Research and was Regional Director of Principal Funds for ten years. Mike graduated with a bachelor’s degree from the University of California. He is a member of the Investment Management Consultants Association and has also earned the right to hold the Certified Investment Management Analyst designation. Mike and his wife, Renee, live in Littleton, CO.
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Geossie Pasuquin Regional Sales Associate

Geossie Pasuquin

Regional Sales Associate East Coast & South
Geossie began her career in the financial industry in 1998 at Dean Witter.  Prior to working at Yorktown, she was a Senior Internal Sales Consultant at Invesco covering multiple territories throughout the United States during her tenure.  Geossie is a graduate of the University of Houston, earning a bachelor’s degree in business management.  She and her family reside in Houston. Geossie joined the Yorktown team in July of 2019.  She services as a Regional Sales Associate for the East Coast and South Territories.
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Chris McBee Regional Sales Associate

Chris McBee

Regional Sales Associate
Midwest, Mountain West, West Coast
Chris spent five years of his career as a financial advisor for IMG Financial Group. Previous to joining Yorktown, Chris spent time as a Regional Advisor Consultant with Invesco. A graduate of Texas A&M University, Chris has a B.S. in Finance. In his free time, Chris enjoys spending time with family and friends, as well as maintaining an active lifestyle which includes plenty of Aggie football.
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Katy Basten Sales Assistant

Katy Basten

Sales Assistant
Katy joined Yorktown Funds in 2013.
She earned a Bachelor of Arts degree in Communications from Mary Baldwin College in Staunton, VA.
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Sub-Advisors

 

Michael J. Borgen Sapphire Star Capital CEO/CIO

Michael J. Borgen

Sapphire Star Capital CEO/CIO

Sub-Advisor for the Yorktown Small Cap Fund as of October 16, 2017.

Mr. Borgen received a B.S. in Finance in 1997 and a Master of Science in Economics with a specialization in Finance in 2005,  both from the University of Nevada.

Before founding Sapphire Star Capital in 2015, Mr. Borgen served as a Quantitative Research Analyst and Portfolio Manager for Navellier & Associates from 1995-2004 and served as the Senior Portfolio Manager from 2004-2014, managing over $1 Billion in assets.

Mr. Borgen established Sapphire Star Capital in early 2015 with the mandate of providing an array of systematic equity solutions to investors seeking better than benchmark returns with lower than benchmark volatility.  Sapphire Star Capital is an SEC registered boutique asset manager with over $122 million in AUM with the investment team bringing over 20 years of quantitative equity research and portfolio management experience ranging across various investment styles and market capitalization sizes.

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James O’Leary, CFA Senior Portfolio Manager, Henry James International Management Strategies

James O’Leary, CFA

Senior Portfolio Manager Henry James International Management Strategies

Sub-Advisor for the Yorktown Small Cap Fund as of July, 2019.

Mr. O’Leary previously worked with Michael Borgen at Navellier, where the two collaborated on the international portfolio O’Leary then managed. Since leaving Navellier, O’Leary has run Henry James International Management, and will still continue to do so. In his role as co-portfolio manager, O’Leary will provide macro-economic advice and lend his investment acumen as needed.

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