Alan Rappaport - Pimco New Independent Trustee

PYN Fund  USD 5.77  0.06  1.05%   
Alan Rappaport is Fund Manager at Pimco New York
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 15 years
Phone949 720 6000
Webhttps://www.allianzinvestors.com/Products/pages/10.aspx
Rappaport has senior executive experience in the financial services industry. 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 the Vice Chairman of a private investment firm.

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.

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.
Pimco New York has 2.22 M in debt with debt to equity (D/E) ratio of 0.03, which may show that the company is not taking advantage of profits from borrowing. Pimco New York has a current ratio of 0.55, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pimco New until it has trouble settling it off, either with new capital or with free cash flow. So, Pimco New'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 New York 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 New's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Walter CFABlackRock New York
63
Jay FifeBlackRock New York
51
Ann BorowiecDelaware Investments Florida
61
Robert CFAInvesco Pennsylvania Value
N/A
John ManeyPimco New York
62
Janey AhnBlackrock Muniholdings Ny
46
Robert HubbardBlackRock New York
63
Bradford GallagherPimco New York
75
Cynthia FrostEaton Vance New
58
Eli JonesInvesco Pennsylvania Value
59
Bijal ParikhPimco New York
43
Thomas FaustEaton Vance New
61
Jay FifeBlackrock Muniholdings Ny
51
Robert TroccoliInvesco Pennsylvania Value
71
William GalipeauPimco New York
45
Anthony DiBernardoNeuberger Berman IMF
40
Charles ParkBlackrock Muniholdings Ny
54
James KirchnerEaton Vance National
54
James JacobsonPimco New York
75
Frank RosatoNeuberger Berman IMF
48
Thomas FaustEaton Vance National
63
PIMCO New York Municipal Income Fund III is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. PIMCO New York Municipal Income Fund III was on October 31, 2002 and is domiciled in United States. Pimco New 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 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.

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.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Equity Valuation
Check real value of public entities based on technical and fundamental data