Robert Uek - Mfs Intermediate Independent Trustee
| CIF Fund | USD 1.67 0.01 0.60% |
Mr. Robert W. Uek, CPA, is Independent Trustee of MFS Intermediate High Income Fund since 2006. Mr. Uek has substantial accounting and consulting experience for clients in the investment management industry. Mr. Uek was a Partner in the investment management industry group of PWC, and was the chair of the global investment management industry group for Coopers Lybrand. He also has served as a consultant to mutual fund boards. Mr. Uek previously served on the boards of trustees of investment companies in the TT International family of funds and Hillview Capital family of funds. Mr. Uek is a former Chairman and Board Member of the Independent Directors Council, a unit of the Investment Company Institute, which serves the mutual fund independent director community in the U.S. Mr. Uek is also a former Board Member and Executive Committee Member of the Board of Governors of the Investment Company Institute.
| Age | 77 |
| Tenure | 18 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 |
Robert Uek Latest Insider Activity
Tracking and analyzing the buying and selling activities of Robert Uek against Mfs Intermediate fund is an integral part of due diligence when investing in Mfs Intermediate. Robert Uek insider activity provides valuable insight into whether Mfs Intermediate is net buyers or sellers over its current business cycle. Note, Mfs Intermediate insiders must abide by specific rules, including filing SEC forms every time they buy or sell Mfs Intermediate'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Robert Uek over a month ago Acquisition by Robert Uek of 1000 shares of MFS Special at 9.8 subject to Rule 16b-3 |
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
| Showing other executives | One Year Return | ||
| Paul ONeil | Eaton Vance Tax | 63 | |
| Janey Ahn | Blackrock Debt Strategies | 46 | |
| John Salter | Doubleline Income Solutions | 64 | |
| Keith Kirk | Doubleline Opportunistic Credit | 53 | |
| Vanessa Williams | Western Asset Emerging | 39 | |
| Louis Lucido | Doubleline Income Solutions | 70 | |
| Michael Castellano | Blackrock Debt Strategies | 75 | |
| Jay Fife | Blackrock Debt Strategies | 51 | |
| Henry Gabbay | Blackrock Debt Strategies | 72 | |
| Helen Peters | Eaton Vance Tax | 73 | |
| Richard Sennett | Western Asset Emerging | 49 | |
| Henry Chase | Doubleline Income Solutions | 72 | |
| James Flynn | Blackrock Debt Strategies | 79 | |
| Kathleen Feldstein | Blackrock Debt Strategies | 77 | |
| James Kirchner | Eaton Vance Tax | 54 | |
| Louis Lucido | Doubleline Opportunistic Credit | 70 | |
| Frank Fabozzi | Blackrock Debt Strategies | 73 | |
| Grace Walker | Doubleline Income Solutions | 51 | |
| Barbara Novick | Blackrock Debt Strategies | 58 | |
| Steven Frank | Western Asset Emerging | 51 | |
| Robert Hubbard | Blackrock Debt Strategies | 63 | |
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 |
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 Mfs Intermediate 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, Mfs Intermediate's short interest history, or implied volatility extrapolated from Mfs Intermediate options trading.
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.