Wasatch-1st Source Income Fund® (FMEQX)  Invest in this Fund 

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Sub-advised by 1st Source Corporation, managed by
Paul Gifford, CFA and Erik Clapsaddle, CFA, CFP

Paul Gifford
Paul Gifford, CFA
Paul Gifford, CFA
Fund Tenure: 17 years
Industry Experience:28 years
• Vice President of 1st Source Corporation Investment Advisors
• Portfolio Manager for 1st Source Corporation Investment Advisors
• Portfolio Manager leading fixed-income portfolios for a family of mutual funds in Minnesota
Education:Mankato State University

Mr. Gifford has been a Portfolio Manager for the Wasatch-1st Source Income Fund, previously the 1st Source Monogram Income Fund, since he joined 1st Source in 2000. He has been in the investment management field for over 20 years. Paul is a Vice President and Portfolio Manager for 1st Source Corporation Investment Advisors, Inc. Before joining 1st Source, Paul was a lead fixed income portfolio manager for a family of mutual funds in Minnesota. Mr. Gifford continues to manage numerous short-term fixed income portfolios for 1st Source clients. 1st Source Corporation is the sub-advisor for the Wasatch-1st Source Income Fund.

Mr. Gifford graduated from Mankato State University in 1990. He also holds the designation of Chartered Financial Analyst.

Learn more about the experience of the Wasatch Research Team

Erik Clapsaddle, CFA, CFP
Fund Tenure: 2 years
Industry Experience:14 years
• Associate Portfolio Manager, Wasatch 1st Source Income Fund
• Vice President and Senior Fixed Income Portfolio Manager, 1st SourceCorporation Investment Advisors, Inc.
• Senior Fixed Income Analyst, Comerica Bank in Detroit
Education:York College of Pennsylvania, B.S.

Mr. Clapsaddle has been an associate portfolio manager for the Income Fund since 2016. Mr. Clapsaddle is a Vice President and Senior Fixed Income Portfolio Manager of 1st Source Corporation Investment Advisors, Inc.

Mr. Clapsaddle joined 1st Source in 2015 after working with Comerica Bank in Detroit, Michigan as a Senior Fixed Income Analyst and Strategist for seven years.  He earned a B.S. from York College of Pennsylvania and he holds both the Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) designations.

Learn more about the experience of the Wasatch Research Team

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