Peter Strelow - Pimco New Principal Executive Officer and Pres

PYN Fund  USD 5.71  0.02  0.35%   
Peter Strelow is Fund Manager at Pimco New York
Mr. Peter G. Strelow is a President Officer of Pimco New York Municipal Income Fund III. Mr. Strelow serves as Managing Director, PIMCO. President, PIMCOManaged Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series VIT.
Age 51
Tenure 6 years
Phone949 720 6000
Webhttps://www.allianzinvestors.com/Products/pages/10.aspx

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.

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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.

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.
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.
Pair CorrelationCorrelation Matching

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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