Derrick Clark - Pimco Municipal Independent Trustee

PMX Fund  USD 7.93  0.06  0.76%   
Derrick Clark is Fund Manager at Pimco Municipal Income
Tenure 5 years
Phone949 720 6000
Webhttps://www.investments.pimco.com/Products/pages/672.aspx

Pimco Municipal Management Performance (%)

The company has Return on Asset of 2.2 % which means that on every $100 spent on assets, it made $2.2 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (15.66) %, meaning that it generated no profit with money invested by stockholders. Pimco Municipal's management efficiency ratios could be used to measure how well Pimco Municipal manages its routine affairs as well as how well it operates its assets and liabilities.
Pimco Municipal Income has 87.08 M in debt with debt to equity (D/E) ratio of 0.2, which may show that the company is not taking advantage of profits from borrowing. Pimco Municipal Income has a current ratio of 0.2, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pimco Municipal until it has trouble settling it off, either with new capital or with free cash flow. So, Pimco Municipal'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 Municipal Income 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 Municipal's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Amanda MooradianMFS Investment Grade
41
Stephen RabalaisVia Renewables
N/A
Clarence OtisMFS Investment Grade
64
Barry VallanMFS Investment Grade
55
James KilmanMFS Investment Grade
59
W BradleyDTF Tax Free
46
Mike BarajasVia Renewables
39
Kasey PhillipsMFS Investment Grade
49
John CaroselliMFS Investment Grade
66
William IIIVia Renewables
58
KEITH QUINTONEaton Vance Municipal
63
Heidi HardinMFS Investment Grade
51
Richard FroioEaton Vance Municipal
53
Payson CFAEaton Vance Municipal
N/A
Michael KuznarVia Renewables
N/A
Deidre WalshEaton Vance Municipal
50
John ClarkMFS Investment Grade
52
Eric SteinEaton Vance Municipal
41
Michael ClarkeMFS Investment Grade
55
Peter JonesMFS Investment Grade
65
Barbara ClayVia Renewables
52
PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. PIMCO Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States. Pimco Muni operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Management Performance

Pimco Municipal Income Leadership Team

Elected by the shareholders, the Pimco Municipal's board of directors comprises two types of representatives: Pimco Municipal 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 Municipal's management team and ensure that shareholders' interests are well served. Pimco Municipal'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 Municipal'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, Chief Legal Officer
T Buffington, Independent Trustee
William Galipeau, Principal Financial and Accounting Officer and Treasurer
Christopher Morin, Assistant Treasurer
WuKwan Kit, Vice President, Senior Counsel, Secretary
Joseph Kittredge, Independent Trustee
Ryan Leshaw, Assistant Treasurer
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 Trustee
Erik Brown, Assistant Treasurer
Bradford Gallagher, Independent Trustee
John Maney, Trustee
Colleen Miller, Assistant Treasurer
Jeffrey Byer, Vice President
Derrick Clark, Independent Trustee
Alan Rappaport, Independent Trustee
Bijal Parikh, Assistant Treasurer
Elizabeth Duggan, Vice President
William Ogden, Independent Trustee
Shwetha Shenoy, Assistant Treasurer
H Zhang, Assistant Treasurer
EGrace Vandecruze, Independent Trustee
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 Municipal 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Pimco Fund

Pimco Municipal 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 Municipal security.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories