Donald Burke - DUC Independent Director

Donald Burke is Portfolio Manager at DUC
Mr. Donald C. Burke, CPA is an Independent Director of the Company since 2014. He is Retired since 2009. He served as President and Chief Executive Officer, BlackRock U.S. Funds 20072009 Managing Director, BlackRock, Inc. 20062009 Managing Director, Merrill Lynch Investment Managers 19902006 Director, Avista Corporationration Trustee, Goldman Sachs Fund Complex 20102014 Director, BlackRock Luxembourg and Cayman Funds 20062010
Age 59
Tenure 10 years
Phone312-263-2610
Webhttp://www.ducfund.com
Burke was selected to serve on the Board because of his extensive experience with mutual funds, including as president and Chief Executive Officer of a major fund complex, and subsequently as an independent trustee of another major fund complex, and because of his knowledge of the utility industry derived from his service on the board of a public company involved in the production, transmission and distribution of energy.

DUC Management Efficiency

The company has Return on Asset of 1.6 % which means that on every $100 spent on assets, it made $1.6 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 5.64 %, implying that it generated $5.64 on every 100 dollars invested. DUC's management efficiency ratios could be used to measure how well DUC manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 105 M in debt with debt to equity (D/E) ratio of 0.4, which is OK given its current industry classification. DUC has a current ratio of 31.48, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist DUC until it has trouble settling it off, either with new capital or with free cash flow. So, DUC'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 DUC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DUC to invest in growth at high rates of return. When we think about DUC's use of debt, we should always consider it together with cash and equity.

Similar Fund Executives

Showing other executives

One Year Return

David RosenkrantzNXG NextGen Infrastructure
N/A
Carl RickertsenApollo Senior Floating
61
Saket KumarNXG NextGen Infrastructure
N/A
Todd SlotkinApollo Senior Floating
68
William HutchinsonWestern Asset Global
78
Ralph SoberanoNXG NextGen Infrastructure
N/A
Barry ReiterNXG NextGen Infrastructure
65
Leslie GelbWestern Asset Global
80
Daniel CroninWestern Asset Global
74
Nisha KumarWestern Asset Global
50
Carol ColmanWestern Asset Global
74
Eileen KamerickWestern Asset Global
62
Paolo CucchiWestern Asset Global
79
Riordan RoettWestern Asset Global
79
Robert BordenApollo Senior Floating
57
Robert AgdernWestern Asset Global
70
Elliot SteinApollo Senior Floating
71
Glenn MarchakApollo Senior Floating
64
Patrick CrowleyNXG NextGen Infrastructure
N/A
Duff Phelps Utility and Corporate Bond Trust, Inc. is a close ended fixed income mutual fund launched by Virtus Investment Partners, Inc. Duff Phelps Utility and Corporate Bond Trust, Inc. was formed in January, 1993 and is based in Chicago, Illinois. Duff Phelps operates under Asset Management classification in the United States and is traded on New York Stock Exchange. DUC [DUC] is traded in USA and was established null.

Management Performance

DUC Money Managers

Philip McLoughlin, Independent Director
Dianna Wengler, Vice President, Assistant Secretary
Timothy Heaney, Vice President
Phillip McLoughlin, Independent Director
Stewart Conner, Independent Director
William Renahan, Vice President Secretary
Christian Poindexter, Independent Director
Robert Genetski, Independent Director
Nathan Partain, President, Chief Executive Officer, Director
Geraldine McNamara, Independent Director
Carl Pollard, Independent Director
Eric Elvekrog, Chief Investment Officer, Vice President
W Bradley, Vice President Assistant Treasurer
Donald Burke, Independent Director
Lisa Leonard, Vice President of DTF
Joyce Riegel, Chief Compliance Officer and Sr. Managing Director
Eileen Moran, Independent Vice Chairman of the Board
Alan Meder, Principal Financial Officer, Principal Accounting Officer, Treasurer, Assistant Secretary
Brooks Beittel, Senior Vice President Secretary
David Vitale, Independent Chairman of the Board
Connie Luecke, Chief Investment Officer, Vice President
Patrick Bradley, Vice President Assistant Treasurer
Nikita Thaker, Vice President Assistant Treasurer
Daniel Petrisko, Senior Vice President, Chief Investment Officer, Assistant Secretary

DUC Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is DUC 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 DUC

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 DUC 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 DUC will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to PGE Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PGE Corp 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 PGE Corp - 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 PGE Corp to buy it.
The correlation of PGE Corp 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 PGE Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PGE Corp 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 PGE Corp 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
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Tools for DUC Etf

When running DUC's price analysis, check to measure DUC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DUC is operating at the current time. Most of DUC's value examination focuses on studying past and present price action to predict the probability of DUC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DUC's price. Additionally, you may evaluate how the addition of DUC to your portfolios can decrease your overall portfolio volatility.
Stocks Directory
Find actively traded stocks across global markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bonds Directory
Find actively traded corporate debentures issued by US companies
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated