Joseph Chioffi - Bny Mellon Vice President Assistant Secretary
| DSM Fund | USD 5.60 0.05 0.90% |
Mr. Joseph M. Chioffi is the Vice President and Assistant Secretary of Dreyfus Strategic Municipal Bond Fund, Inc. He is Senior Counsel of BNY Mellon, and an officer of 77 investment companies Which comprised of 193 portfolios and managed by Dreyfus.
| Age | 55 |
| Tenure | 19 years |
| Phone | 212 635 8827 |
Bny Mellon Management Performance (%)
The company has Return on Asset of 2.07 % which means that on every $100 spent on assets, it made $2.07 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (10.17) %, meaning that it generated no profit with money invested by stockholders. Bny Mellon's management efficiency ratios could be used to measure how well Bny Mellon manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Found 10 records | One Year Return | ||
| Walter Row | Eaton Vance Tax Managed | 61 | |
| Maureen Gemma | Eaton Vance Senior | 64 | |
| Anne Ackerley | BlackRock Floating Rate | 56 | |
| Scott Page | Eaton Vance Senior | 59 | |
| Maureen Gemma | Eaton Vance Tax Managed | 61 | |
| Brendan Kyne | BlackRock Floating Rate | 41 | |
| Deidre Walsh | Eaton Vance Senior | 50 | |
| Joseph Moroney | Apollo Senior Floating | 48 | |
| Robert Crothers | BlackRock Floating Rate | 37 | |
| Payson Swaffield | Eaton Vance Senior | 64 | |
Management Performance
| Return On Equity | -10.17 | |||
| Return On Asset | 2.07 |
Bny Mellon Strategic Leadership Team
Elected by the shareholders, the Bny Mellon's board of directors comprises two types of representatives: Bny Mellon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bny. The board's role is to monitor Bny Mellon's management team and ensure that shareholders' interests are well served. Bny Mellon'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, Bny Mellon's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joni Evans, Independent Director | ||
| John Pak, Chief Legal Officer | ||
| Joseph DiMartino, Independent Chairman of the Board | ||
| Robert Svagna, Assistant Treasurer | ||
| Robert Salviolo, Assistant Treasurer | ||
| Deirdre Cunnane, Vice President Assistant Secretary | ||
| Burton Wallack, Independent Director | ||
| Bennett Macdougall, Chief Legal Officer | ||
| John Zuccotti, Independent Director | ||
| Joseph Chioffi, Vice President Assistant Secretary | ||
| Natalya Zelensky, Vice President Assistant Secretary | ||
| John Hammalian, Vice President Assistant Secretary | ||
| Richard Cassaro, Assistant Treasurer | ||
| Robin Melvin, Independent Director | ||
| Kiesha Astwood, Vice President Assistant Secretary | ||
| Amanda Quinn, Vice President Assistant Secretary | ||
| Hans Mautner, Independent Director | ||
| Sonalee Cross, Vice President Assistant Secretary | ||
| James Bitetto, Vice President Assistant Secretary | ||
| Richard Leone, Independent Director | ||
| James Windels, CFO, Principal Accounting Officer, Treasurer and Director of Mutual Fund Accounting - The Dreyfus Corporate | ||
| Robert Robol, Assistant Treasurer | ||
| Ehud Houminer, Independent Director | ||
| Joni Charatan, Vice President Assistant Secretary | ||
| Jeff Prusnofsky, Vice President Assistant Secretary | ||
| Joan Gulley, Independent Director | ||
| Janette Farragher, VP, Secretary and Associate General Counsel of the Dreyfus Corporate | ||
| Gordon Davis, Director | ||
| Gavin Reilly, Assistant Treasurer | ||
| David DiPetrillo, Vice President | ||
| Renee LarocheMorris, President | ||
| Bradley Skapyak, President | ||
| Sarah Kelleher, Vice President Assistant Secretary | ||
| Joseph Connolly, Chief Compliance Officer and Chief Compliance Officer of The Dreyfus Corporate | ||
| Peter Sullivan, Vice President Assistant Secretary | ||
| Benaree Wiley, Independent Director | ||
| Alan Howard, Independent Director |
Bny 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 Bny Mellon 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.
| Return On Equity | -10.17 | |||
| Return On Asset | 2.07 | |||
| Profit Margin | (199.43) % | |||
| Operating Margin | 84.89 % | |||
| Current Valuation | 431.51 M | |||
| Shares Outstanding | 49.42 M | |||
| Shares Owned By Institutions | 30.39 % | |||
| Number Of Shares Shorted | 17.2 K | |||
| Price To Earning | 19.73 X | |||
| Price To Book | 0.72 X |
Pair Trading with Bny Mellon
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 Bny Mellon 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 Bny Mellon will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bny Mellon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bny Mellon 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 Bny Mellon - 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 Bny Mellon Strategic to buy it.
The correlation of Bny Mellon 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 Bny Mellon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bny Mellon Strategic 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 Bny Mellon 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bny Mellon Strategic. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..