David Gunning - Mfs Intermediate Independent Chairman of the Board of Trustees
| CIF Fund | USD 1.63 0.01 0.61% |
Mr. David H. Gunning serves as Independent Chairman of the Board of Trustees of MFS Intermediate High Income Fund since 2004. Mr. Gunning has substantial executive and board experience at publiclytraded and privatelyheld companies, including past service as the Vice Chairman and a director of ClevelandCliffs Inc., a director of Lincoln Electronic Holdings, Inc., and a director of Southwest Gas Corporationration He is the former Chairman and Chief Executive Officer of Capitol American Financial Corporationration Mr. Gunning is also a former partner and head of the corporate department of Jones Day, a large international law firm.
| Age | 76 |
| Tenure | 20 years |
| Phone | 617 954 5000 |
| Web | https://www.mfs.com/en-us/individual-investor/product-strategies/closed-end-funds/CIF-mfs-intermediate-high-income-fund.html#tab-overview |
Mfs Intermediate Management Performance (%)
The company has Return on Asset of 2.54 % which means that on every $100 spent on assets, it made $2.54 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (8.79) %, meaning that it generated no profit with money invested by stockholders. Mfs Intermediate's management efficiency ratios could be used to measure how well Mfs Intermediate manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Found 4 records | One Year Return | ||
| Oleg Pohotsky | Tekla Healthcare Investors | 73 | |
| Robert Steers | Cohen Steers Qualityome | 67 | |
| Joseph Harvey | Cohen Steers Reit | 57 | |
| Robert Steers | Cohen Steers Reit | 67 | |
Management Performance
| Return On Equity | -8.79 | ||||
| Return On Asset | 2.54 |
Mfs Intermediate High Leadership Team
Elected by the shareholders, the Mfs Intermediate's board of directors comprises two types of representatives: Mfs Intermediate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mfs. The board's role is to monitor Mfs Intermediate's management team and ensure that shareholders' interests are well served. Mfs Intermediate'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, Mfs Intermediate's outside directors are responsible for providing unbiased perspectives on the board's policies.
| J Sherratt, Independent Trustee | ||
| Robert Butler, Independent Trustee | ||
| James Kilman, Independent Trustee | ||
| David Gunning, Independent Chairman of the Board of Trustees | ||
| Amanda Mooradian, Assistant Secretary, Assistant Clerk | ||
| Susan Pereira, Assistant Secretary, Assistant Clerk | ||
| Laurie Thomsen, Independent Trustee | ||
| John Kavanaugh, Independent Chairman of the Board of Trustees | ||
| Robert Uek, Independent Trustee | ||
| Mark Polebaum, Secretary, Clerk | ||
| Robert Manning, Trustee | ||
| Maryanne Roepke, Independent Director | ||
| Clarence Otis, Independent Trustee | ||
| Christopher Bohane, Assistant Secretary, Assistant Clerk | ||
| Matthew Stowe, Assistant Secretary, Assistant Clerk | ||
| William Gutow, Independent Trustee | ||
| Peter Jones, Independent Trustee | ||
| Robyn Griffin, Assistant Independent Chief Compliance Officer | ||
| Ethan Corey, Assistant Secretary, Assistant Clerk | ||
| James Yost, Deputy Treasurer | ||
| Kenneth Paek, Assistant Treasurer | ||
| Steven Buller, Independent Director | ||
| Michael Hegarty, Independent Trustee | ||
| Susan Newton, Assistant Secretary, Assistant Clerk | ||
| Frank Tarantino, Independent Chief Compliance Officer | ||
| Thomas Connors, Assistant Secretary and Assistant Clerk | ||
| David DiLorenzo, Treasurer | ||
| Brian Langenfeld, Assistant Secretary, Assistant Clerk | ||
| Maureen Goldfarb, Independent Trustee | ||
| Michael Roberge, Trustee | ||
| Heidi Hardin, Secretary, Clerk | ||
| Kasey Philips, Assistant Treasurer | ||
| Kasey Phillips, Assistant Treasurer | ||
| Robin Stelmach, President, Trustee | ||
| John Clark, Assistant Treasurer | ||
| Richard Weitzel, Assistant Secretary, Assistant Clerk | ||
| Kino Clark, Assistant Treasurer | ||
| Martin Wolin, Chief Compliance Officer | ||
| John Caroselli, Independent Trustee | ||
| John Corcoran, President |
Mfs 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 Mfs Intermediate 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 | -8.79 | ||||
| Return On Asset | 2.54 | ||||
| Profit Margin | (122.07) % | ||||
| Operating Margin | 80.78 % | ||||
| Current Valuation | 51.05 M | ||||
| Shares Outstanding | 19.32 M | ||||
| Shares Owned By Institutions | 8.63 % | ||||
| Number Of Shares Shorted | 146.72 K | ||||
| Price To Earning | 14.37 X | ||||
| Price To Book | 0.73 X |
Pair Trading with Mfs Intermediate
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 Mfs Intermediate 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 Mfs Intermediate will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mfs Intermediate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mfs Intermediate 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 Mfs Intermediate - 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 Mfs Intermediate High to buy it.
The correlation of Mfs Intermediate 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 Mfs Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mfs Intermediate High 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 Mfs Intermediate 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Mfs Intermediate High. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.