Christopher Morin - Pimco Income Assistant Treasurer

PFN Fund  USD 7.48  0.01  0.13%   
Christopher Morin is Fund Manager at Pimco Income Strategy
Mr. Christopher M. Morin serves as Assistant Treasurer of PIMCO Income Strategy Fund II. He is Vice President, PIMCO. Assistant Treasurer, PIMCOManaged Funds, PIMCO Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series VIT. Formerly, Vice President of Operations, Standard Life Investments USA Assistant Vice President, Brown Brothers Harriman.
Age 40
Tenure 8 years
Phone949 720 6000
Webhttps://www.allianzinvestors.com/Products/pages/16.aspx

Pimco Income Management Performance (%)

The company has Return on Asset of 3.36 % which means that on every $100 spent on assets, it made $3.36 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 3.81 %, implying that it generated $3.81 on every 100 dollars invested. Pimco Income's management efficiency ratios could be used to measure how well Pimco Income manages its routine affairs as well as how well it operates its assets and liabilities.
Pimco Income Strategy has 199.57 M in debt with debt to equity (D/E) ratio of 0.25, which may show that the company is not taking advantage of profits from borrowing. Pimco Income Strategy has a current ratio of 0.57, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pimco Income until it has trouble settling it off, either with new capital or with free cash flow. So, Pimco 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 Pimco Income Strategy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pimco to invest in growth at high rates of return. When we think about Pimco Income's use of debt, we should always consider it together with cash and equity.

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PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. PIMCO Income Strategy Fund II was formed on June 30, 2004 and is domiciled in the United States. Pimco Income operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Management Performance

Pimco Income Strategy Leadership Team

Elected by the shareholders, the Pimco Income's board of directors comprises two types of representatives: Pimco Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pimco. The board's role is to monitor Pimco Income's management team and ensure that shareholders' interests are well served. Pimco 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, Pimco Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Fisher, Independent Trustee
Stacie Anctil, Assistant Treasurer
Bradley Todd, Treasurer
Joshua Ratner, Vice President Secretary and Chief Legal Officer
William Galipeau, Treasurer, Principal Financial & Accounting Officer
Christopher Morin, Assistant Treasurer
WuKwan Kit, Vice President, Senior Counsel and Secretary
Joseph Kittredge, Independent Trustee
Ryan Leshaw, Assistant Secretary
James Jacobson, Independent Trustee
Eric Johnson, Vice President
Brandon Evans, Assistant Treasurer
Trent Walker, Assistant Treasurer
Hans Kertess, Non-Executive Independent Chairman of the Board of Trustee
Jason Nagler, Assistant Treasurer
Sarah Cogan, Independent Trustee
Keisha AudainPressley, Chief Compliance Officer
Peter Strelow, President, Principal Executive Officer
Deborah DeCotis, Independent Chairman of the Board, Trustee
Erik Brown, Assistant Treasurer
Bradford Gallagher, Independent Trustee
John Maney, Trustee
Colleen Miller, Assistant Treasurer
Jeffrey Byer, Vice President
Alan Rappaport, Independent Trustee
Bijal Parikh, Assistant Treasurer
Elizabeth Duggan, Senior Vice President
William Ogden, Independent Trustee
H Zhang, Assistant Treasurer
Brian Pittluck, Vice President

Pimco 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 Pimco 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 Pimco 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 Pimco 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 Pimco Income will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pimco Fund

  0.87TDF Templeton Dragon ClosedPairCorr
  0.95PHK Pimco High IncomePairCorr
  0.72PEO Adams Natural ResourcesPairCorr

Moving against Pimco Fund

  0.86VVR Invesco Senior IncomePairCorr
  0.58MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.52JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.35PG Procter GamblePairCorr
The ability to find closely correlated positions to Pimco 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 Pimco 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 Pimco 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 Pimco Income Strategy to buy it.
The correlation of Pimco 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 Pimco Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco Income Strategy 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 Pimco 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 Pimco Fund

Pimco Income financial ratios help investors to determine whether Pimco 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 Pimco with respect to the benefits of owning Pimco Income security.
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