William Hutchinson - Western Asset Lead Independent Director
William Hutchinson is Fund Manager at Western Asset Corporate
Mr. William R. Hutchinson is Lead Independent Director of LMP Corporationrationrate Loan Fund Inc. He was President, W.R. Hutchinson Associates Inc. . His other directorships includes Director, Associated BancCorporation . He has experience in accounting and working with auditors, consulting, business and finance and service as a board member of another financial services company. He is also Director and Member of Audit and Nominating Committees.
| Age | 77 |
| Tenure | 10 years |
| Phone | 212-805-6016 |
| Web | http://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=TLI |
Western Asset Management Performance (%)
The company has Return on Asset of 2.92 % which means that on every $100 spent on assets, it made $2.92 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (18.81) %, meaning that it generated no profit with money invested by stockholders. Western Asset's management efficiency ratios could be used to measure how well Western Asset manages its routine affairs as well as how well it operates its assets and liabilities.The company has 37 M in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Western Asset Corporate has a current ratio of 1.2, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Western Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Western Asset'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 Western Asset Corporate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Asset's use of debt, we should always consider it together with cash and equity.
Management Performance
| Return On Equity | -18.81 | |||
| Return On Asset | 2.92 |
Western Asset Corporate Leadership Team
Elected by the shareholders, the Western Asset's board of directors comprises two types of representatives: Western Asset inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Asset's management team and ensure that shareholders' interests are well served. Western Asset'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, Western Asset's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Frank, Treasurer | ||
| Daniel Cronin, Independent Director | ||
| Christopher Berarducci, Principal Financial Officer, Treasurer | ||
| Todd Kuehl, Chief Compliance Officer | ||
| Jane Trust, Chairman of the Board of Trustee , President & Chief Executive Officer | ||
| Jeanne Kelly, Senior Vice President | ||
| Robert Frenkel, Secretary and Chief Legal Officer | ||
| Leslie Gelb, Independent Director | ||
| Eileen Kamerick, Independent Director | ||
| Nisha Kumar, Independent Director | ||
| Paolo Cucchi, Independent Director | ||
| Robert Agdern, Independent Director | ||
| Ted Becker, Chief Compliance Officer | ||
| Richard Sennett, Principal Financial Officer | ||
| Carol Colman, Independent Director | ||
| William Hutchinson, Lead Independent Director | ||
| Thomas Mandia, Assistant Secretary | ||
| Jenna Bailey, Identity Theft Prevention Officer | ||
| Riordan Roett, Independent Director |
Western 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 Western Asset 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 | -18.81 | |||
| Return On Asset | 2.92 | |||
| Profit Margin | (183.53) % | |||
| Operating Margin | 78.99 % | |||
| Current Valuation | 127.73 M | |||
| Shares Outstanding | 9.88 M | |||
| Shares Owned By Insiders | 4.06 % | |||
| Shares Owned By Institutions | 67.50 % | |||
| Number Of Shares Shorted | 13.96 K | |||
| Price To Earning | 28.85 X |
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 Western Asset 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, Western Asset's short interest history, or implied volatility extrapolated from Western Asset options trading.
Currently Active Assets on Macroaxis
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Other Consideration for investing in Western Fund
If you are still planning to invest in Western Asset Corporate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Western Asset's history and understand the potential risks before investing.
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