Herndon Capital Management, LLC (“HERNDON”) is the subadviser to the Nationwide Herndon Mid Cap Value Fund and the U.S. Equities Portion of the Nationwide Diverse Managers Fund. Herndon is an institutional investment management firm specializing in large and mid capitalization equity strategies. Herndon is majority-owned by Atlanta Life Financial Group, Inc. As of December 31, 2013, Herndon had $10.2 billion in assets under management.
Herndon Capital Management, LLC
Randall A. Cain, Jr., CFA
Nationwide Diverse Managers Fund and Nationwide Herndon Mid Cap Value Fund
Mr. Cain is Principal/Portfolio Manager with Herndon. Prior to joining Herndon in 2002, Mr. Cain spent five years at NCM Capital managing large-cap core equities and a large-cap value portfolio. Mr. Cain received an MBA from Harvard Business School, a Bachelor of Industrial Engineering degree from the Georgia Institute of Technology, and an interdisciplinary Bachelor of Science from Morehouse College. He earned the Chartered Financial Analyst designation in 1997.