John A. Affleck, CFA
President

Mr. Affleck received his BA in Pre-Law from Lafayette College and his MBA from Temple University. He earned the right to use the Chartered Financial Analyst designation in 1976 and is currently a member of the CFA Society of Philadelphia and the CFA Institute. Mr. Affleck began his business career in 1968 with the Trust Department of Provident National Bank (Philadelphia) where he served as an Assistant Vice President and Investment Portfolio Manager.

In 1979, Mr. Affleck joined Stratton Management Company. He currently serves as President of the Company and Chairman of the Stratton Mutual Funds.

Mr. Affleck serves on numerous civic boards and is currently an Overseer at William Penn Charter School and a Trustee of the Coriell Institute for Medical Research, Woodmere Art Museum and the Philadelphia Orchestra.

James A. Beers
Chief Executive Officer

Mr. Beers received his BA from Connecticut College and earned his MBA from Villanova University. Before joining Stratton Management Company, Mr. Beers served as a Client Services Representative for FPS Services, Inc., a mutual fund service organization. Mr. Beers acted as liaison to the Firm's Investment Company clients, overseeing all facets of the mutual fund servicing relationship.

Mr. Beers joined Stratton Management Company in 1994 as head of Mutual Fund Administration and Shareholder Services. In 1996, Mr. Beers joined the research department as an analyst specializing in real estate investment trusts. Mr. Beers is currently President of Stratton Multi-Cap Fund and Stratton Real Estate Fund.

Lynne M. Cannon
Chief Compliance Officer & Chief Administrative Officer

Ms. Cannon received her BA from Ohio Wesleyan University. She has obtained the following designations from FINRA (formerly the NASD): General Securities Principal: Series 24, Municipal Securities Principal: Series 53, General Securities Representative: Series 7, State Securities Agent: Series 63, and Investment Advisor Law: Series 65.

Ms. Cannon joined Stratton Management Company from BNY Mellon with more than thirty years of experience in the investment management, broker-dealer and mutual fund industries, with responsibilities in the areas of operations, compliance, accounting, marketing and product development. Over those years, Ms. Cannon has been very active in the Investment Company Institute, the mutual fund trade association serving on the Compliance Advisory Committee, the Operations Committee and the Small Funds Committee for which she was Chairman from 1994 to 1999.

Ms. Cannon is currently Director and VP of The Philadelphia Saddle Club.

Shawn M. Gallagher, CFA
Equity Analyst

Mr. Gallagher received his BS in Finance from The Pennsylvania State University in 2003. He earned the right to use the Chartered Financial Analyst designation in 2007 and is a member of the CFA Society of Philadelphia and the CFA Institute.

Prior to joining Stratton Management Company, Mr. Gallagher served as an Analyst in AT&T's Financial Leadership Program in various roles. He joined Stratton Management Company in June of 2005 as an Equity Analyst supporting the Firm's Small Cap Value equity product.

Gerald M. Van Horn, CFA
Senior Vice President

Mr. Van Horn received his BA in Economics from The College of New Jersey in 1996. He has earned the right to use the Chartered Financial Analyst designation and is currently a member of the CFA Society of Philadelphia and the CFA Institute.