Joseph Kittredge - Pimco Global Independent Trustee

PGP Fund  USD 8.06  0.04  0.50%   
Joseph Kittredge is Fund Manager at Pimco Global Stocksplus
Age 67
Tenure 4 years
Phone949 720 6000
Webhttps://investments.pimco.com/Products/pages/678.aspx

Pimco Global Management Performance (%)

The company has Return on Asset of 2.57 % which means that on every $100 spent on assets, it made $2.57 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (26.61) %, meaning that it generated no profit with money invested by stockholders. Pimco Global's management efficiency ratios could be used to measure how well Pimco Global manages its routine affairs as well as how well it operates its assets and liabilities.
Pimco Global Stocksplus has 54.57 M in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Pimco Global Stocksplus has a current ratio of 0.37, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pimco Global until it has trouble settling it off, either with new capital or with free cash flow. So, Pimco Global'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 Global Stocksplus 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 Global's use of debt, we should always consider it together with cash and equity.

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PIMCO Global Stocksplus Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. PIMCO Global Stocksplus Income Fund was formed on April 30, 2003 and is domiciled in the United States. Pimco Global operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is classified under Putnam family.

Management Performance

Pimco Global Stocksplus Leadership Team

Elected by the shareholders, the Pimco Global's board of directors comprises two types of representatives: Pimco Global 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 Global's management team and ensure that shareholders' interests are well served. Pimco Global'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 Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Fisher, Trustee
Stacie Anctil, Assistant Treasurer
Bradley Todd, Treasurer
Joshua Ratner, Vice President Secretary and Chief Legal Officer
William Galipeau, Treasurer, Principal Financial and Accounting Officer
Christopher Morin, Assistant Treasurer
WuKwan Kit, Vice President Secretary and Senior Counsel
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, Independent Chairman of the Board of Trustees
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 of Trustees
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, 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 Global 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 Global

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

Moving against Pimco Fund

  0.41PNSBX Putnam Small CapPairCorr
The ability to find closely correlated positions to Pimco Global 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 Global 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 Global - 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 Global Stocksplus to buy it.
The correlation of Pimco Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco Global Stocksplus 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 Global 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 Global 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 Global security.
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