Alan Rappaport - PIMCO Municipal Independent Trustee

PML Fund  USD 7.51  0.04  0.54%   
Alan Rappaport is Fund Manager at PIMCO Municipal Income
Mr. Alan Rappaport is the Independent Trustee of PIMCO Municipal Income Fund II
Age 68
Tenure 16 years
Phone949 720 6000
Webhttps://www.allianzinvestors.com/Products/pages/6.aspx?ShareClassCode=ARTIFICIAL
Rappaport serves as Advisory Director, Roundtable Investment Partners ; Adjunct Professor, New York University Stern School of Business ; Lecturer, Stanford University Graduate School of Business ; Trustee, American Museum of Natural History ; Member of Board of Overseers, NYU Langone Medical Center ; and Director, Victory Capital Holdings, Inc., an asset management firm . Formerly, Vice Chairman, US Trust .

Alan Rappaport Latest Insider Activity

Insider activity for Alan Rappaport can add context to PIMCO Municipal by showing net buying or selling trends across reporting periods. Use filings as supporting evidence, not a standalone signal, because transaction motives can differ.

PIMCO Municipal Management Performance (%)

The fund has Return on Asset of 213.0 % which suggests that it is generating $213.0 of profit per $100 of assets. This is above what is typical for the sector. In the same way, it shows a return on shareholders' equity (ROE) of -1501.0 %, which suggests that shareholder capital is being eroded rather than compounded.
PIMCO Municipal Income has $217.61 M in debt with debt to equity (D/E) ratio of 0.24, which may show that PIMCO Municipal Income is not taking advantage of profits from borrowing. PIMCO Municipal Income has a current ratio of 0.54, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist PIMCO Municipal until it has trouble settling it off, either with new capital or with free cash flow. So, PIMCO Municipal'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 Municipal Income sell additional shares at bargain prices, diluting existing shareholders. Debt can serve as one financing mechanism for PIMCO to fund growth, though the effectiveness depends on borrowing costs and execution. When we think about PIMCO Municipal's use of debt, we should always consider it together with cash and equity.

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PIMCO Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. PIMCO Municipal Income Fund II was formed on June 28 2002 and is domiciled in United States. Pimco Muni operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

Management Performance

PIMCO Municipal Income Leadership Team

Elected by the shareholders, the PIMCO Municipal's board of directors comprises two types of representatives: PIMCO Municipal 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 Municipal's management team and ensure that shareholders' interests are well served. PIMCO Municipal'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 Municipal'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, Chief Legal Officer
T Buffington, Independent Trustee
William Galipeau, Principal Financial and Accounting Officer and Treasurer
Christopher Morin, Assistant Treasurer
E Vandecruze, Independent Trustee
WuKwan Kit, Vice President Senior Counsel and Secretary
Joseph Kittredge, Independent Director
Ryan Leshaw, Assistant Secretary
James Jacobson, Independent Trustee
Eric Johnson, Vice President
Brandon Evans, Assistant Treasurer
Hans Kertess, Independent Chairman of the Board of Trustees
Jason Nagler, Assistant Treasurer
Sarah Cogan, Independent Trustee
Keisha AudainPressley, Chief Compliance Officer
Peter Strelow, Pres and Principal Executive Officer
Deborah DeCotis, Independent Chairman of the Board of Trustees
Erik Brown, Assistant Treasurer
John Maney, Trustee
Colleen Miller, Assistant Treasurer
Jeffrey Byer, Vice President
Derrick Clark, Independent Director
Alan Rappaport, Independent Trustee
Bijal Parikh, Assistant Treasurer
Elizabeth Duggan, Vice President
William Ogden, Independent Trustee
Shwetha Shenoy, Assistant Treasurer
Mark Jelic, Vice President
Brian Pittluck, Vice President

PIMCO Fund Performance Indicators

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