Lawrence Altadonna - Pimco New Executive

PYN Fund  USD 5.72  0.01  0.18%   
Lawrence Altadonna is Fund Manager at Pimco New York
Mr. Lawrence G. Altadonna is Treasurer Principal Financial and Accounting Officer of PIMCO New York Municipal Income Fund III. He Senior Vice President Director of Fund Administration of Allianz Global Investors Fund Management LLC Treasurer Principal Financial and Accounting Officer of 78 funds in the Fund Complex and Assistant Treasurer of The Korea Fund Inc. Formerly Assistant Treasurer of 50 funds in the Fund Complex.
Age 48
Tenure 22 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.
The company 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
Vadim Avdeychik, Assistant Secretary
Lagan Srivastava, Assistant Secretary
Brian Shlissel, President CEO
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
Thomas Harter, Chief Compliance Officer
Trent Walker, Assistant Treasurer
Youse Guia, Chief Compliance Officer
Craig Dawson, Trustee
Hans Kertess, Independent Chairman of the Board of Trustees
Lawrence Altadonna, Treasurer, Principal Financial and Accounting Officer
Jason Nagler, Assistant Treasurer
Sarah Cogan, Independent Trustee
Keisha AudainPressley, Chief Compliance Officer
Peter Strelow, Principal Executive Officer and Pres
Richard Cochran, Assistant Treasurer
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
Thomas Fuccillo, Vice President Secretary and Chief Legal Officer
Alan Rappaport, Independent Trustee
Bijal Parikh, Assistant Treasurer
Elizabeth Duggan, Vice President
William Ogden, Independent Trustee
Shwetha Shenoy, Assistant Treasurer
H Zhang, Assistant Treasurer
Orhan Dzemaili, Assistant Treasurer
Scott Whisten, 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.
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 Pimco New 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, Pimco New's short interest history, or implied volatility extrapolated from Pimco New options trading.

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Please note, there is a significant difference between Pimco New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco New'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.