Terrance Hults - Ab California Fund Manager
| ALCVX Fund | USD 10.40 0.01 0.1% |
Terrance T. Hults is a member of the TaxExempt FixedIncome Investment Policy Group. Prior to joining the firm, he was an associate in the Municipal Derivative Products department at Merrill Lynch Capital Markets, where he specialized in securities arbitrage. These transactions involved issuers and investors, as well as proprietary trading and utilized futures, options, interestrate swaps, and other overthecounter derivative structures. Hults received a BA in economics from Williams College and an MBA in finance from Columbia University. Location New York
| Phone | 800-227-4618 |
Ab California Management Performance (%)
Similar Money Managers
| Found 3 records | One Year Return | ||
| Steven Permut | California Intermediate Term Ta | N/A | |
| Adam Ferguson | Vanguard California Intermediat | N/A | |
| Walter OConnor | Brf Clf Mpl | N/A | |
ALCVX Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Ab California 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.
| Total Asset | 1.11 B | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 0.40 % | |||
| One Year Return | 3.80 % | |||
| Three Year Return | (0.55) % | |||
| Five Year Return | 1.76 % | |||
| Ten Year Return | 4.06 % | |||
| Net Asset | 720 M | |||
| Last Dividend Paid | 0.02 | |||
| Cash Position Weight | 8.89 % |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ab California in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ab California's short interest history, or implied volatility extrapolated from Ab California options trading.
Pair Trading with Ab California
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 Ab California 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 Ab California will appreciate offsetting losses from the drop in the long position's value.Moving together with ALCVX Mutual Fund
| 0.9 | AMNCX | Ab Minnesota Portfolio | PairCorr |
The ability to find closely correlated positions to Ab California could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ab California 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 Ab California - 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 Ab California Portfolio to buy it.
The correlation of Ab California 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 Ab California moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ab California Portfolio 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 Ab California 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ab California Portfolio. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.