Morgan Gust - Flaherty Lead Independent Director
| DFP Etf | USD 20.26 0.13 0.65% |
Mr. Morgan Gust is Lead Independent Director of the company. He was previously Independent Director of Flaherty Crumrine Dynamic Preferred and Income Fund Inc. In addition to his tenure as a Director of the Funds, Mr. Gust is the owner and operator of various entities engaged in agriculture and real estate. From 1990 to 2007, Mr. Gust served in various capacities, including President, Executive Vice President, General Counsel and Corporationrationrate Secretary of Giant Industries, Inc., a petroleum refining and marketing company listed on the New York Stock Exchange . Mr. Gust previously served as lead director of CoBiz Financial, Inc., a publicly traded bank holding company. He is also a member of the Arizona State Bar. Mr. Gust was designated the Lead Independent Director of each Fund in October 2016. He also serves as the Chair of the Nominating Committee of each Funds Board.
| Age | 70 |
| Tenure | 8 years |
| Phone | 626-795-7300 |
| Web | https://www.flahertyfunds.com/funds/dfp-dynamic-preferred-income-fund/ |
Morgan Gust Latest Insider Activity
Tracking and analyzing the buying and selling activities of Morgan Gust against Flaherty etf is an integral part of due diligence when investing in Flaherty. Morgan Gust insider activity provides valuable insight into whether Flaherty is net buyers or sellers over its current business cycle. Note, Flaherty insiders must abide by specific rules, including filing SEC forms every time they buy or sell Flaherty'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Morgan Gust over a month ago Insider Trading |
Similar Fund Executives
| Found 12 records | One Year Return | ||
| Karen Hogan | Flaherty Crumrine Preferredome | 58 | |
| David Gale | Flaherty Crumrine Preferredome | 70 | |
| David Gale | Flaherty Crumrine Preferred | 70 | |
| Gerald Maginnis | Cohen And Steers | 65 | |
| Karen Hogan | Flaherty Crumrine Preferred | 58 | |
| George Grossman | Cohen And Steers | 67 | |
| David Gale | Flaherty Crumrine Preferred | 70 | |
| Karen Hogan | Flaherty Crumrine Preferred | 58 | |
| Dean Junkans | Cohen And Steers | 61 | |
| Jane Magpiong | Cohen And Steers | 60 | |
| Michael Clark | Cohen And Steers | 55 | |
| Bradford Stone | Flaherty Crumrine Preferredome | 60 | |
Flaherty and Crumrine Money Managers
| Bradford Stone, Chief Financial Officer, Vice President, Treasurer | ||
| Morgan Gust, Lead Independent Director | ||
| Linda Puchalski, Assistant Treasurer | ||
| Chad Conwell, Chief Compliance Officer, Vice President Secretary | ||
| Karen Hogan, Independent Director | ||
| Roger Ko, Assistant Treasurer | ||
| Laurie Lodolo, Assistant Compliance Officer, Assistant Treasurer, Assistant Secretary | ||
| R Chadwick, Chairman of the Board, President, Chief Executive Officer | ||
| David Gale, Independent Director |
Flaherty Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Flaherty 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.
| Shares Outstanding | 19.37 M | ||||
| Shares Owned By Institutions | 11.18 % | ||||
| Number Of Shares Shorted | 118.35 K | ||||
| Price To Earning | 9.89 X | ||||
| Short Ratio | 1.37 X | ||||
| Earnings Per Share | 2.20 X | ||||
| Number Of Employees | 14 | ||||
| Beta | 0.45 | ||||
| Market Capitalization | 491.33 M | ||||
| Annual Yield | 0.01 % |
Pair Trading with Flaherty
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 Flaherty 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 Flaherty will appreciate offsetting losses from the drop in the long position's value.Moving together with Flaherty Etf
Moving against Flaherty Etf
The ability to find closely correlated positions to Flaherty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flaherty 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 Flaherty - 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 Flaherty and Crumrine to buy it.
The correlation of Flaherty 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 Flaherty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flaherty and Crumrine 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 Flaherty 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.Other Information on Investing in Flaherty Etf
Flaherty financial ratios help investors to determine whether Flaherty Etf 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 Flaherty with respect to the benefits of owning Flaherty security.