Christopher Sullivan - Voya Prime Independent Trustee

Christopher Sullivan is Portfolio Manager at Voya Prime Rate
Mr. Christopher P. Sullivan is Independent Trustee of the Company. He retired from Fidelity Management Research in October 2012, following three years as first the President of the Bond Group and then the Head of Institutional Fixed Income. Previously, Mr. Sullivan served as Managing Director and CoHead of U.S. Fixed Income at Goldman Sachs Asset Management and prior to that, Senior Vice President at PIMCO . He currently serves as a Director of Rimrock Funds, a fixed income hedge fund. He is also a Senior Advisor to Asset Grade, a private wealth management firm, and serves as a Trustee of the Overlook Foundation, a foundation that supports Overlook Hospital in Summit, New Jersey. In addition to his undergraduate degree from the University of Chicago, Mr. Sullivan holds an M.A. degree from the University of California at Los Angeles and is a Chartered Financial Analyst.
Age 65
Tenure 9 years
Phone480-477-3000
Webhttp://investments.voya.com/Investor/Products/Closed-End-Funds/Profile/index.htm?psc=173&p=51&tab=Overview

Christopher Sullivan Latest Insider Activity

Tracking and analyzing the buying and selling activities of Christopher Sullivan against Voya Prime etf is an integral part of due diligence when investing in Voya Prime. Christopher Sullivan insider activity provides valuable insight into whether Voya Prime is net buyers or sellers over its current business cycle. Note, Voya Prime insiders must abide by specific rules, including filing SEC forms every time they buy or sell Voya Prime'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Voya Prime Management Efficiency

The company has Return on Asset of 1.97 % which means that on every $100 spent on assets, it made $1.97 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (6.03) %, meaning that it generated no profit with money invested by stockholders. Voya Prime's management efficiency ratios could be used to measure how well Voya Prime manages its routine affairs as well as how well it operates its assets and liabilities.
Voya Prime Rate has 181.1 M in debt with debt to equity (D/E) ratio of 0.26, which may show that the company is not taking advantage of profits from borrowing. Voya Prime Rate has a current ratio of 0.64, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Voya Prime until it has trouble settling it off, either with new capital or with free cash flow. So, Voya Prime'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 Voya Prime Rate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Voya to invest in growth at high rates of return. When we think about Voya Prime's use of debt, we should always consider it together with cash and equity.

Similar Fund Executives

Found 6 records

One Year Return

Jeremy HofmannZillow Group Class
37
Errol SamuelsonZillow Group Class
58
David BeitelZillow Group Class
54
Bradley BerningZillow Group Class
N/A
Jun ChooZillow Group Class
N/A
Jenny ArdenZillow Group Class
N/A
Voya Prime Rate Trust is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. Voya Prime Rate Trust was formed on December 2, 1987 and is domiciled in the United States. VOYA Prime operates under Asset Management classification in the United States and is traded on New York Stock Exchange. Voya Prime Rate [PPR] is traded in USA and was established null.

Management Performance

Voya Prime Rate Money Managers

Todd Modic, Chief/Principal Financial Officer, Senior Vice President, Assistant Secretary
Robyn Ichilov, Vice President
Roger Vincent, Independent Trustee
Craig Wheeler, Vice President
Robert Terris, Senior Vice President
Maria Anderson, Vice President
Colleen Baldwin, Independent Trustee
Sheryl Pressler, Independent Trustee
Paul Caldarelli, Assistant Secretary
Michael Bell, Chief Executive Officer
Elliot Rosen, Senior Vice President
Kimberly Anderson, Senior Vice President
Sara Donaldson, Vice President
John Boyer, Independent Chairman of the Board of Trustees
Martin Gavin, Independent Trustee
Russell Jones, Independent Trustee
Kevin Gleason, Chief Compliance Officer
James Fink, Executive Vice President
Huey Falgout, Secretary
Stanley Vyner, Executive Vice President, Chief Investment Risk Officer
Jason Kadavy, Vice President
Micheline Faver, Vice President
Christopher Sullivan, Independent Trustee
Fred Bedoya, Vice President Treasurer
Joseph Obermeyer, Independent Trustee
Jeffrey Bakalar, Senior Vice President
Daniel Norman, Senior Vice President Treasurer
Theresa Kelety, Assistant Secretary
Patricia Chadwick, Independent Trustee
Dina Santoro, President

Voya Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Voya Prime 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 Voya Prime

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 Voya Prime 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 Voya Prime will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Sunoco LP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunoco LP 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 Sunoco LP - 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 Sunoco LP to buy it.
The correlation of Sunoco LP 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 Sunoco LP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunoco LP 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 Sunoco LP 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
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Consideration for investing in Voya Etf

If you are still planning to invest in Voya Prime Rate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Voya Prime's history and understand the potential risks before investing.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance