Robert Agdern - Western Asset Independent Director
| HIO Fund | USD 3.95 0.03 0.77% |
Mr. Robert D. Agdern is a Director of the Company., since January 1, 2015. Since 2002, Mr. Agdern has served a Member of the Advisory Committee of the Dispute Resolution Research Center at the Kellogg Graduate School of Business, Northwestern University. Mr. Agdern served as Deputy General Counsel of BP PLC from 1999 to 2001 and Associate General Counsel at Amoco Corporation from 1993 to 1998 .
| Age | 70 |
| Tenure | 9 years |
| Phone | 800-822-5544 |
| Web | https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=HIO |
Western Asset Management Performance (%)
The company has Return on Asset of 3.81 % which means that on every $100 spent on assets, it made $3.81 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (2.44) %, 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.Similar Money Managers
| Showing other executives | One Year Return | ||
| Judith Stockdale | Nuveen New York | 74 | |
| Albin Moschner | Nuveen New York | 69 | |
| Daniel Cronin | Western Asset High | 74 | |
| Jack Evans | Nuveen New York | 73 | |
| Judith Stockdale | Nuveen Mortgage Opportunity | 74 | |
| Carole Stone | Nuveen Mortgage Opportunity | 74 | |
| Jack Evans | Nuveen Mortgage Opportunity | 73 | |
| Carol Colman | Western Asset High | 74 | |
| John Nelson | Nuveen New York | 59 | |
| Carole Stone | Nuveen New York | 74 | |
| William Hutchinson | Western Asset High | 78 | |
| Paolo Cucchi | Western Asset High | 79 | |
| Robert Young | Nuveen New York | 58 | |
| William Hunter | Nuveen Mortgage Opportunity | 73 | |
| John Nelson | Nuveen Mortgage Opportunity | 59 | |
| Nisha Kumar | Western Asset High | 50 | |
| Margaret Wolff | Nuveen New York | 66 | |
| Eileen Kamerick | Western Asset High | 62 | |
| Margo Cook | Nuveen New York | 55 | |
| William Hunter | Nuveen New York | 73 | |
Management Performance
| Return On Equity | -2.44 | ||||
| Return On Asset | 3.81 |
Western Asset High 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.
| Daniel Cronin, Independent Director | ||
| Christopher Berarducci, Principal Financial Officer, Treasurer | ||
| Todd Kuehl, Chief Compliance Officer | ||
| Jane Trust, Chairman of the Board and Presidentident, CEO, 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 | ||
| Carol Colman, Independent Director | ||
| William Hutchinson, Lead Independent Director | ||
| Thomas Mandia, Assistant Secretary | ||
| George Hoyt, Company 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.
| Return On Equity | -2.44 | ||||
| Return On Asset | 3.81 | ||||
| Profit Margin | (34.19) % | ||||
| Operating Margin | 87.02 % | ||||
| Current Valuation | 355.07 M | ||||
| Shares Outstanding | 95.1 M | ||||
| Shares Owned By Institutions | 44.33 % | ||||
| Number Of Shares Shorted | 66.86 K | ||||
| Price To Earning | 28.39 X | ||||
| Price To Book | 0.77 X |
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 against Western Fund
| 0.36 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
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 High 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 High 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.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.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |