Olivia Mitchell - Allspring Income Independent Trustee

EAD Fund  USD 6.95  0.01  0.14%   
Olivia Mitchell is Fund Manager at Allspring Income Opportunities
Ms. Olivia S. Mitchell is Independent Trustee of Wells Fargo Advantage Income Opportunities Fund. Ms. Mitchell is the International Foundation of Employee Benefit Plans Professor at the Wharton School of the University of Pennsylvania, where she is also Professor of InsuranceRisk Management and Business EconomicsPolicy. She also serves in senior positions with academic and policy organizations that conduct research on pensions, retirement, insurance, risk management, and related topics including as Executive Director of the Pension Research Council and Director of the Boettner Center on Pensions and Retirement Research, both at the University of Pennsylvania. She has taught on and served as a consultant on economics, insurance, and risk management, served as Department Chair, advised numerous governmental entities.
Age 66
Tenure 14 years
Phone415-396-8000

Allspring Income Management Performance (%)

The company has Return on Asset of 2.97 % which means that on every $100 spent on assets, it made $2.97 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (5.71) %, meaning that it generated no profit with money invested by stockholders. Allspring Income's management efficiency ratios could be used to measure how well Allspring Income manages its routine affairs as well as how well it operates its assets and liabilities.
Allspring Income Opportunities has 194 M in debt with debt to equity (D/E) ratio of 0.4, which is OK given its current industry classification. Allspring Income Opp has a current ratio of 0.07, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Allspring Income until it has trouble settling it off, either with new capital or with free cash flow. So, Allspring 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 Allspring Income Opp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allspring to invest in growth at high rates of return. When we think about Allspring Income's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

CFA CFAAllspring Multi Sector
N/A
David LarckerAllspring Multi Sector
69
Michael WhitakerAllspring Utilities And
52
Robert TroccoliInvesco High Income
71
Thomas ConnorsMfs Intermediate High
60
Susan PereiraMfs Intermediate High
49
Raymond StickelInvesco High Income
75
Adam HicksAllspring Multi Sector
N/A
David JohnsonPioneer Floating Rate
39
Jack FieldsInvesco High Income
68
Jeremy DePalmaAllspring Multi Sector
45
Deborah JacksonJohn Hancock Preferred
68
James YostMfs Intermediate High
60
Carol HanniganPioneer Floating Rate
58
David DiLorenzoMfs Intermediate High
52
Matthew StoweMfs Intermediate High
45
Andrew GeryolInvesco High Income
N/A
Isaiah HarrisAllspring Global Dividend
69
William EbsworthAllspring Utilities And
62
Maureen GoldfarbMfs Intermediate High
65
Brian LangenfeldMfs Intermediate High
47
Wells Fargo Advantage Funds - Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. Wells Fargo Advantage Funds - Allspring Income Opportunities Fund was formed on February 26, 2003 and is domiciled in the United States. Wells Fargo operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. The fund is not classified under any group at the present time.

Management Performance

Allspring Income Opp Leadership Team

Elected by the shareholders, the Allspring Income's board of directors comprises two types of representatives: Allspring Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allspring. The board's role is to monitor Allspring Income's management team and ensure that shareholders' interests are well served. Allspring 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, Allspring Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
Isaiah Harris, Independent Trustee
Timothy Penny, Independent Chairman of the Board of Trustee
Judith Johnson, Independent Trustee
William Ebsworth, Independent Trustee
David Berardi, Assistant Treasurer
Jane Freeman, Independent Trustee
Michael Whitaker, Chief Compliance Officer
James Polisson, Independent Trustee
Olivia Mitchell, Independent Trustee
Andrew Owen, President
Jeremy DePalma, Treasurer
David Larcker, Independent Trustee
Michelle Rhee, Chief Legal Officer
Catherine Kennedy, Secretary
Alexander Kymn, Secretary, Chief Legal Officer
Pamela Wheelock, Independent Trustee

Allspring 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 Allspring 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Allspring Fund

Allspring Income financial ratios help investors to determine whether Allspring 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 Allspring with respect to the benefits of owning Allspring Income security.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios