Laurie Lodolo - Flaherty Crumrine Executive
| PFO Fund | USD 9.03 0.01 0.11% |
Ms. Laurie C. Lodolo is the Assistant Compliance Officer, Assistant Treasurer and Assistant Secretary of Flaherty Crumrine Preferred Income Opportunity Fund Incorporated. Ms. Lodolo was the Assistant Compliance Officer and Secretary of Flaherty Crumrine.
| Age | 56 |
| Tenure | 20 years |
| Phone | 626-795-7300 |
| Web | https://www.preferredincome.com/pfo.htm |
Flaherty Crumrine Management Performance (%)
The company has Return on Asset of 3.12 % which means that on every $100 spent on assets, it made $3.12 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (10.22) %, meaning that it generated no profit with money invested by stockholders. Flaherty Crumrine's management efficiency ratios could be used to measure how well Flaherty Crumrine manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
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| Deborah Jackson | John Hancock Premium | 68 | |
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| Francis Knox | John Hancock Preferred | 73 | |
| Francis Knox | John Hancock Preferred | 73 | |
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| Gregory Russo | John Hancock Tax | 71 | |
| Deborah Jackson | John Hancock Preferred | 68 | |
| Deborah Jackson | John Hancock Tax | 68 | |
| Charles Bardelis | John Hancock Preferred | 79 | |
| Charles Bardelis | John Hancock Preferred | 79 | |
| Grace Fey | John Hancock Preferred | 74 | |
| James Boyle | John Hancock Preferred | 61 | |
| Gregory Russo | John Hancock Premium | 71 | |
| Grace Fey | John Hancock Preferred | 74 | |
| Deborah Jackson | John Hancock Preferred | 68 | |
| Salvatore Schiavone | John Hancock Tax | 55 | |
| William Cunningham | John Hancock Premium | 76 | |
| Grace Fey | John Hancock Preferred | 74 | |
| Salvatore Schiavone | John Hancock Preferred | 55 | |
| Craig Bromley | John Hancock Premium | 52 | |
Management Performance
| Return On Equity | -10.22 | ||||
| Return On Asset | 3.12 |
Flaherty Crumrine Leadership Team
Elected by the shareholders, the Flaherty Crumrine's board of directors comprises two types of representatives: Flaherty Crumrine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flaherty. The board's role is to monitor Flaherty Crumrine's management team and ensure that shareholders' interests are well served. Flaherty Crumrine'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, Flaherty Crumrine's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bradford Stone, Chief Financial Officer, Vice President, Treasurer | ||
| Morgan Gust, Lead Independent Director | ||
| Linda Puchalski, Assistant Treasurer | ||
| Chad Conwell, Vice President Chief Compliance Officer, Secretary | ||
| Karen Hogan, Independent Director | ||
| Roger Ko, Assistant Treasurer | ||
| Laurie Lodolo, Assistant Compliance Officer, Assistant Secretary, Assistant Treasurer, Secretary of Flaherty and Crumrine Incorporated, Assistant Compliance Officer of Flaherty and Crumrine Incorporated and Account Administrator of Flaherty and Crumrine Incorporated | ||
| R Chadwick, Independent Chairman of the Board, Chief Executive Officer President, | ||
| David Gale, Independent Director |
Flaherty 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 Flaherty Crumrine 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 | -10.22 | ||||
| Return On Asset | 3.12 | ||||
| Profit Margin | (112.67) % | ||||
| Operating Margin | 85.24 % | ||||
| Current Valuation | 193.81 M | ||||
| Shares Outstanding | 12.81 M | ||||
| Shares Owned By Institutions | 8.35 % | ||||
| Number Of Shares Shorted | 25.21 K | ||||
| Price To Earning | 10.35 X | ||||
| Price To Book | 0.77 X |
Pair Trading with Flaherty Crumrine
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 Crumrine 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 Crumrine will appreciate offsetting losses from the drop in the long position's value.Moving together with Flaherty Fund
Moving against Flaherty Fund
The ability to find closely correlated positions to Flaherty Crumrine 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 Crumrine 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 Crumrine - 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 Crumrine Preferred to buy it.
The correlation of Flaherty Crumrine 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 Crumrine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flaherty 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 Crumrine 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 Fund
Flaherty Crumrine financial ratios help investors to determine whether Flaherty 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 Flaherty with respect to the benefits of owning Flaherty Crumrine security.
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