Nisha Kumar - Western Asset Independent Director

DMO Fund  USD 11.94  0.02  0.17%   
Nisha Kumar is Fund Manager at Western Asset Mortgage
Ms. Nisha Kumar is Director of the Company. Ms. Kumar was a Managing Director and the Chief Financial Officer and Chief Compliance Officer of Greenbriar Equity Group, LP since 2011. She was previously Chief Financial Officer and Chief Administrative Officer of Rent the Runway, Inc. during 2011. From 2007 to 2009, Ms. Kumar served as Executive Vice President and Chief Financial Officer of AOL LLC, a subsidiary of Time Warner Inc. Ms. Kumar is a member of the Council on Foreign Relations.
Age 51
Tenure 5 years
Phone800-822-5544
Webhttps://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=DMO

Nisha Kumar Latest Insider Activity

Tracking and analyzing the buying and selling activities of Nisha Kumar against Western Asset fund is an integral part of due diligence when investing in Western Asset. Nisha Kumar insider activity provides valuable insight into whether Western Asset is net buyers or sellers over its current business cycle. Note, Western Asset insiders must abide by specific rules, including filing SEC forms every time they buy or sell Western Asset'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Western Asset Management Performance (%)

The company has Return on Asset of 3.04 % which means that on every $100 spent on assets, it made $3.04 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (3.99) %, meaning that it generated no profit with money invested by stockholders. Western Asset's management efficiency ratios could be used to measure how well Western Asset manages its routine affairs as well as how well it operates its assets and liabilities.
Western Asset Mortgage has 84.31 M in debt with debt to equity (D/E) ratio of 0.56, which is OK given its current industry classification. Western Asset Mortgage has a current ratio of 0.09, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Western Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Western Asset'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 Western Asset Mortgage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Asset's use of debt, we should always consider it together with cash and equity.

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Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States. Western Asset operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is classified under Delaware Funds by Macquarie family.

Management Performance

Western Asset Mortgage Leadership Team

Elected by the shareholders, the Western Asset's board of directors comprises two types of representatives: Western Asset inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Asset's management team and ensure that shareholders' interests are well served. Western Asset'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, Western Asset's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Berg, Treasurer
Daniel Cronin, Independent Director
Christopher Berarducci, Treasurer and Principal Financial Officer
Todd Kuehl, Chief Compliance Officer
Jane Trust, Chairman of the Board, President, Chief Executive Officer, Trustee/ Director
Jeanne Kelly, Senior Vice President
Robert Frenkel, Secretary, Chief Legal Officer
Eileen Kamerick, Independent Director
Nisha Kumar, Independent Director
Paolo Cucchi, Independent Director
Robert Agdern, Independent Director
Richard Sennett, Principal Financial Officer
Carol Colman, Independent Director
William Hutchinson, Lead Independent Director
Thomas Mandia, Assistant Secretary
George Hoyt, Secretary, Chief Legal Officer
Jenna Bailey, Identity Theft Prevention Officer
Fred Jensen, Chief Compliance Officer

Western 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 Western Asset 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 Western Asset

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 Western Asset 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 Western Asset will appreciate offsetting losses from the drop in the long position's value.

Moving together with Western Fund

  0.63OASGX Optimum Small MidPairCorr
  0.71OASVX Optimum Small MidPairCorr
  0.68WASAX Ivy Asset StrategyPairCorr

Moving against Western Fund

  0.71OCFIX Optimum Fixed IncomePairCorr
  0.52DLHIX Delaware Healthcare Potential GrowthPairCorr
  0.36FTNYX Delaware Tax FreePairCorr
  0.34FTOTX First Investors TaxPairCorr
  0.33FTORX First Investors TaxPairCorr
The ability to find closely correlated positions to Western Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Asset 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 Western Asset - 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 Western Asset Mortgage to buy it.
The correlation of Western Asset 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 Western Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Asset Mortgage 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 Western Asset 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 Western Fund

Western Asset financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Asset security.
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