Wayne Salit - Dws Strategic Anti-Money Laundering Compliance Officer

Wayne Salit is Fund Manager at Dws Strategic Municipal
Mr. Wayne Salit is the AntiMoney Laundering Compliance Officer of the Deutsche Strategic Municipal Income Trust. He was Director, Deutsche Asset Wealth Management formerly, Managing Director, AML Compliance Officer at BNY Mellon Director, AML Compliance Officer at Deutsche Bank .
Age 53
Tenure 11 years
Phone212 454 4500
Webhttps://fundsus.deutscheam.com/EN/products/deutsche-strategic-municipal-income-trust.jsp?core-key=315

Wayne Salit Latest Insider Activity

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

Dws Strategic Management Performance (%)

The company has Return on Asset of 1.93 % which means that on every $100 spent on assets, it made $1.93 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (14.56) %, meaning that it generated no profit with money invested by stockholders. Dws Strategic's management efficiency ratios could be used to measure how well Dws Strategic manages its routine affairs as well as how well it operates its assets and liabilities.
Dws Strategic Municipal has 84.88 M in debt with debt to equity (D/E) ratio of 0.71, which is OK given its current industry classification. Dws Strategic Municipal has a current ratio of 0.18, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Dws Strategic until it has trouble settling it off, either with new capital or with free cash flow. So, Dws Strategic'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 Dws Strategic Municipal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dws to invest in growth at high rates of return. When we think about Dws Strategic's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Julius WilliamsInvesco Advantage MIT
N/A
Eli JonesInvesco Advantage MIT
58
James PhillipsInvesco Quality Municipal
N/A
Henry GabbayMunivest Fund
72
John BallantineDWS Municipal Income
74
Laurie ThomsenMFS Investment Grade
63
Robert FairbairnBlackrock Muniholdings Closed
56
Tim OReillyInvesco Trust For
N/A
Cedric AntosiewiczNuveen New York
57
John ConnellyInvesco California Value
N/A
Henry GabbayBlackrock Muniholdings Ny
72
Robert ManningMFS High Yield
56
John CaroselliMFS Government Markets
66
Kino ClarkMFS Municipal Income
52
Theron HoffmanJohn Hancock Income
72
Frank FabozziMunivest Fund
73
Tysen NuttDelaware Investments Florida
73
Anthony LaCavaInvesco Trust For
64
Christopher BohaneMFS Investment Grade
46
Catherine LynchBlackrock Muniholdings Closed
60
Francis KnoxJohn Hancock Income
72
Deutsche Strategic Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas Inc. Deutsche Strategic Municipal Income Trust was formed on March 22, 1988 and is domiciled in the United States. Scudder Strategic is traded on New York Stock Exchange in the United States. The fund is not categorized under any group at the present time.

Management Performance

Dws Strategic Municipal Leadership Team

Elected by the shareholders, the Dws Strategic's board of directors comprises two types of representatives: Dws Strategic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dws. The board's role is to monitor Dws Strategic's management team and ensure that shareholders' interests are well served. Dws Strategic'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, Dws Strategic's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hepsen Uzcan, President, Chief Executive Officer
Rebecca Rimel, Independent Trustee
William Searcy, Independent Trustee
John Ballantine, Independent Trustee
Sheila Cadogan, Assistant Treasurer
William McClayton, Independent Vice Chairman of the Board of Trustee
Michelle GoveiaPine, Interim Anti-Money Laundering Compliance Officer
Paul Antosca, Assistant Treasurer
John Millette, Vice Presidenta and Secretary
Diane Kenneally, Chief Financial Officer, Treasurer
Caroline Pearson, Chief Legal Officer
Richard Herring, Independent Trustee
Scott Hogan, Chief Compliance Officer
Wayne Salit, Anti-Money Laundering Compliance Officer
DawnMarie Driscoll, Independent Trustee
Ciara Crawford, Assistant Secretary
Keith Fox, Independent Chairman of the Board of Trustees

Dws 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 Dws Strategic 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Dws Fund

If you are still planning to invest in Dws Strategic Municipal 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 Dws Strategic's history and understand the potential risks before investing.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets