Alan Rappaport - Pimco New Independent Trustee
| PYN Fund | USD 5.88 0.05 0.84% |
Mr. Alan H. Rappaport is Independent Trustee of PIMCO New York Municipal Income Fund III. He is Advisory Director, Roundtable Investment Partners Adjunct Professor, New York University Stern School of Business Lecturer, Stanford University Graduate School of Business Trustee, American Museum of Natural History Member of Board of Overseers, NYU Langone Medical Center and Director, Victory Capital Holdings, Inc., an asset management firm . He formerly served as Chairman and President of the Private Bank of Bank of America and as Vice Chairman of U.S. Trust. He is currently an Advisory Director of an investment firm.
| Age | 68 |
| Tenure | 14 years |
| Phone | 949 720 6000 |
| Web | https://www.allianzinvestors.com/Products/pages/10.aspx |
Alan Rappaport Latest Insider Activity
Tracking and analyzing the buying and selling activities of Alan Rappaport against Pimco New fund is an integral part of due diligence when investing in Pimco New. Alan Rappaport insider activity provides valuable insight into whether Pimco New is net buyers or sellers over its current business cycle. Note, Pimco New insiders must abide by specific rules, including filing SEC forms every time they buy or sell Pimco New'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Alan Rappaport over a year ago Acquisition by Alan Rappaport of 1649 shares of Victory Capital subject to Rule 16b-3 |
Pimco New Management Performance (%)
The company has Return on Asset of 1.91 % which means that on every $100 spent on assets, it made $1.91 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (12.89) %, meaning that it generated no profit with money invested by stockholders. Pimco New's management efficiency ratios could be used to measure how well Pimco New manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Susan Sutherland | Eaton Vance National | 64 | |
| Matthew Stowe | MFS Investment Grade | 45 | |
| Matthew Stowe | MFS High Income | 45 | |
| Kasey Philips | MFS High Income | 53 | |
| Henry Gabbay | Blackrock Muniyield Quality | 72 | |
| Susan Pereira | MFS High Income | 53 | |
| Jay Fife | Blackrock Muniyield Quality | 50 | |
| Cynthia Egan | Blackrock Muniyield Quality | 65 | |
| James Kirchner | Eaton Vance National | 54 | |
| Brian Langenfeld | MFS Investment Grade | 51 | |
| Robert Hubbard | Blackrock Muniyield Quality | 62 | |
| Brian Langenfeld | MFS High Income | 51 | |
| Frank Tarantino | MFS High Income | 80 | |
| George Gorman | Eaton Vance National | 69 | |
| David DiLorenzo | MFS High Income | 52 | |
| Robert Manning | MFS Investment Grade | 56 | |
| Charles Park | Blackrock Muniyield Quality | 53 | |
| Timothy Heaney | DTF Tax Free | 54 | |
| Richard Weitzel | MFS Investment Grade | 54 | |
| Christopher Bohane | MFS High Income | 50 | |
| Martin Wolin | MFS Investment Grade | 52 | |
Management Performance
| Return On Equity | -12.89 | |||
| Return On Asset | 1.91 |
Pimco New York Leadership Team
Elected by the shareholders, the Pimco New's board of directors comprises two types of representatives: Pimco New 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 New's management team and ensure that shareholders' interests are well served. Pimco New'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 New's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Fisher, Trustee | ||
| Stacie Anctil, Vice President | ||
| Bradley Todd, Treasurer | ||
| Joshua Ratner, Vice President, Secretary, Chief Legal Officer | ||
| William Galipeau, Principal Financial Officer, Principal Accounting Officer and Treasurer | ||
| Christopher Morin, Assistant Treasurer | ||
| E Vandecruze, Independent Trustee | ||
| WuKwan Kit, Vice President Senior Counsel, Secretary | ||
| Joseph Kittredge, Independent Trustee | ||
| Ryan Leshaw, Assistant Secretary | ||
| James Jacobson, Independent Trustee | ||
| Eric Johnson, Vice President | ||
| Brandon Evans, 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, Principal Executive Officer and Pres | ||
| Deborah DeCotis, Independent Chairman of the Board of Trustees | ||
| Erik Brown, Assistant Treasurer | ||
| Bradford Gallagher, Independent Director, 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 | ||
| Shwetha Shenoy, Assistant Treasurer | ||
| H Zhang, Assistant Treasurer | ||
| Mark Jelic, Vice President | ||
| 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 New 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 | -12.89 | |||
| Return On Asset | 1.91 | |||
| Profit Margin | (297.09) % | |||
| Operating Margin | 77.11 % | |||
| Current Valuation | 71.16 M | |||
| Shares Outstanding | 5.73 M | |||
| Number Of Shares Shorted | 19.12 K | |||
| Price To Earning | 27.21 X | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 13.59 X |
Pair Trading with Pimco New
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 New 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 New will appreciate offsetting losses from the drop in the long position's value.Moving together with Pimco Fund
Moving against Pimco Fund
The ability to find closely correlated positions to Pimco New 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 New 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 New - 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 New York to buy it.
The correlation of Pimco New 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 New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco New York 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 New 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 Pimco Fund
Pimco New 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 New security.
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