Hans Kertess - Pimco California Independent Chairman of the Board of Trustees

PCK Fund  USD 5.66  0.05  0.89%   
Hans Kertess is Fund Manager at Pimco California Municipal
Mr. Hans W. Kertess is Independent Chairman of the Board of Trustees of Pimco California Municipal Income Fund II
Age 81
Tenure 6 years
Phone949 720 6000
Webwww.painchek.com
Kertess has substantial executive experience in the investment management industry. He is the president of a financial advisory company, H. Kertess & Co. and a Senior Adviser of Royal Bank of Canada Capital Markets, and formerly served as a Managing Director of Royal Bank of Canada Capital Markets. He has significant expertise in the investment banking industry.

Pimco California Management Performance (%)

The company has Return on Asset of 1.71 % which means that on every $100 spent on assets, it made $1.71 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 2.76 %, implying that it generated $2.76 on every 100 dollars invested. Pimco California's management efficiency ratios could be used to measure how well Pimco California manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 59.84 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Pimco California Mun has a current ratio of 0.13, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pimco California until it has trouble settling it off, either with new capital or with free cash flow. So, Pimco California'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 California Mun 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 California's use of debt, we should always consider it together with cash and equity.

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PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. PIMCO California Municipal Income Fund II was formed in June 28, 2002 and is domiciled in United States. Pimco California 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 California Mun Leadership Team

Elected by the shareholders, the Pimco California's board of directors comprises two types of representatives: Pimco California 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 California's management team and ensure that shareholders' interests are well served. Pimco California'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 California's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Fisher, Trustee
Stacie Anctil, Assistant Treasurer
Bradley Todd, Treasurer
Joshua Ratner, Vice President, Secretary and Chief Legal Officer
Vadim Avdeychik, Assistant Secretary
T Buffington, Independent Trustee
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
Laura Melman, Assistant Treasurer
Brandon Evans, Assistant Treasurer
Trent Walker, Assistant Treasurer
Craig Dawson, Trustee
Youse Guia, Chief Compliance Officer
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 Trustee
John Maney, Trustee
Colleen Miller, Assistant Treasurer
Jeffrey Byer, Vice President
Derrick Clark, Independent Trustee
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 otc fund is not an easy task. Is Pimco 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.

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pimco California Municipal. Also, note that the market value of any otc fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Pimco California Mun information on this page should be used as a complementary analysis to other Pimco California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Please note, there is a significant difference between Pimco California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco California's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.