Christian Pittard - Aberdeen Income President

ACP Fund  USD 6.42  0.01  0.16%   
Christian Pittard is Fund Manager at Aberdeen Income Credit
Age 47
Tenure 7 years
Phone212-878-3500
Webhttps://www.aberdeenacp.com/

Aberdeen Income Management Performance (%)

The company has Return on Asset of 4.36 % which means that on every $100 spent on assets, it made $4.36 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (11.11) %, meaning that it generated no profit with money invested by stockholders. Aberdeen Income's management efficiency ratios could be used to measure how well Aberdeen Income manages its routine affairs as well as how well it operates its assets and liabilities.
Aberdeen Income Credit has 110 M in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Aberdeen Income Credit has a current ratio of 0.12, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Aberdeen Income until it has trouble settling it off, either with new capital or with free cash flow. So, Aberdeen Income's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aberdeen Income Credit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aberdeen to invest in growth at high rates of return. When we think about Aberdeen Income's use of debt, we should always consider it together with cash and equity.

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Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States. Abrnd Income is traded on New York Stock Exchange in the United States. The fund is not filed under any group at the present time.

Management Performance

Aberdeen Income Credit Leadership Team

Elected by the shareholders, the Aberdeen Income's board of directors comprises two types of representatives: Aberdeen Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aberdeen. The board's role is to monitor Aberdeen Income's management team and ensure that shareholders' interests are well served. Aberdeen Income's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aberdeen Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martin Gilbert, Trustee
Lucia Sitar, Vice President
Jim Oconnor, Vice President
Randolph Takian, President, Chief Executive Officer, Trustee
Jeffrey Cotton, Vice President Compliance
Andrea Melia, Chief Financial Officer, Treasurer
Sharon Ferrari, Assistant Treasurer
Beverly Hendry, Vice President
P Malone, Independent Chairman of the Board of Trustee
Alan Goodson, Vice President
Steven Logan, Vice President
Christopher Demetriou, Vice President
Megan Kennedy, Vice President Secretary
Joseph Andolina, Chief Compliance Officer and Vice President - Compliance
Ben Pakenham, Vice President
Erlend Lochen, Vice President
Matthew Keener, Assistant Secretary
Christian Pittard, President
Nancy Maasbach, Independent Trustee
John Sievwright, Independent Trustee

Aberdeen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Aberdeen Income a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Aberdeen Income

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aberdeen Income position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aberdeen Income will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aberdeen Fund

  0.71TTP Tortoise Pipeline AndPairCorr
  0.74PEO Adams Natural ResourcesPairCorr
  0.72ERH Allspring Utilities AndPairCorr

Moving against Aberdeen Fund

  0.87VVR Invesco Senior IncomePairCorr
  0.78BA Boeing Fiscal Year End 29th of January 2025 PairCorr
  0.75MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.62KO Coca Cola Aggressive PushPairCorr
  0.6JNJ Johnson Johnson Sell-off TrendPairCorr
The ability to find closely correlated positions to Aberdeen Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Income when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aberdeen Income - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aberdeen Income Credit to buy it.
The correlation of Aberdeen Income is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aberdeen Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Income Credit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aberdeen Income can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Aberdeen Fund

Aberdeen Income financial ratios help investors to determine whether Aberdeen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aberdeen with respect to the benefits of owning Aberdeen Income security.
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