Alan Meder - Dnp Select Executive

DNP Fund  USD 9.61  0.02  0.21%   
Alan Meder is Fund Manager at Dnp Select Income
Mr. Alan M. Meder CFA, CPA ., is Principal Financial, Accounting Officer, Treasurer and Assistant Secretary of DNP Select Income Fund Inc. He is Treasurer of DUC and DTF since 2000 Treasurer, Principal Financial and Accounting Officer and Assistant Secretary of DNP since 2011 Treasurer, Principal Financial and Accounting Officer and Assistant Secretary of DPG since 2011. Principal Occupation During Past 5 Years. Chief Risk Officer of the Adviser since 2001 and Senior Managing Director since 2014 Member, Board of Governors of CFA Institute 20082014 Member, Financial Accounting Standards Advisory Council 20112014
Age 61
Tenure 13 years
Professional MarksCPA
Phone312-263-2610
Webhttps://www.dnpselectincome.com

Dnp Select Management Performance (%)

The company has Return on Asset of 1.4 % which means that on every $100 spent on assets, it made $1.4 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 9.58 %, implying that it generated $9.58 on every 100 dollars invested. Dnp Select's management efficiency ratios could be used to measure how well Dnp Select manages its routine affairs as well as how well it operates its assets and liabilities.
Dnp Select Income has 1.1 B in debt with debt to equity (D/E) ratio of 0.32, which is OK given its current industry classification. Dnp Select Income has a current ratio of 4.93, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Dnp Select until it has trouble settling it off, either with new capital or with free cash flow. So, Dnp Select'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 Dnp Select Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dnp to invest in growth at high rates of return. When we think about Dnp Select's use of debt, we should always consider it together with cash and equity.

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DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. DNP Select Income Fund Inc. was formed on November 26, 1986 and is domiciled in the United States. Duff Phelps operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not classified under any group at the present time.

Management Performance

Dnp Select Income Leadership Team

Elected by the shareholders, the Dnp Select's board of directors comprises two types of representatives: Dnp Select inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dnp. The board's role is to monitor Dnp Select's management team and ensure that shareholders' interests are well served. Dnp Select'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, Dnp Select's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dianna Wengler, Vice President and Assistant Secretary
Philip McLoughlin, Independent Director
David Grumhaus, President, Chief Executive Officer
William Renahan, Vice President Assistant Secretary
Robert Genetski, Independent Director
Nathan Partain, President, Chief Executive Officer, Independent Director
Geraldine McNamara, Independent Director
Donald Burke, Independent Director
Joyce Riegel, Chief Compliance Officer and Sr. Managing Director
Eileen Moran, Vice Chairman of the Board
Alan Meder, Principal Financial Officer, Chief Accounting Officer, Treasurer, Assistant Secretary
David Vitale, Independent Chairman of the Board
Jennifer Fromm, Vice President and Secretary
Connie Luecke, Chief Investment Officer, Vice President
Daniel Petrisko, Vice President Assistant Secretary

Dnp 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 Dnp Select 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 Dnp Select

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

Moving together with Dnp Fund

  0.62DTW DTE EnergyPairCorr
The ability to find closely correlated positions to Dnp Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dnp Select 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 Dnp Select - 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 Dnp Select Income to buy it.
The correlation of Dnp Select 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 Dnp Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dnp Select Income 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 Dnp Select 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 Dnp Fund

Dnp Select financial ratios help investors to determine whether Dnp 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 Dnp with respect to the benefits of owning Dnp Select security.
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