John Kavanaugh - MFS Investment Independent Chairman of the Board of Trustees
| CXH Stock | USD 7.48 0.07 0.94% |
Chairman
Mr. John P. Kavanaugh is an Independent Trustee of MFS Investment Grade Municipal Trust since January 2009. Mr. Kavanaugh has substantial executive, investment management, and board experience at firms within the investment management and mutual fund industry. He was the Chief Investment Officer of The Hanover Insurance Group, Inc., and the President and Chairman of Opus Investment Management, Inc., an investment adviser. Mr. Kavanaugh held research and portfolio management positions with Allmerica Financial and PruCapital, Inc. He is a Chartered Financial Analyst and currently serves on the board of the Independent Directors Council, a unit of the Investment Company Institute which serves the mutual fund independent director community. since 2017.
| Age | 65 |
| Tenure | 7 years |
| Address | 111 Huntington Avenue, Boston, MA, United States, 02199 |
| Phone | 617 954 5000 |
| Web | https://www.mfs.com/en-us/individual-investor/prod |
MFS Investment Management Efficiency
The company has Return on Asset of 0.0226 % which means that on every $100 spent on assets, it made $0.0226 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0216 %, implying that it generated $0.0216 on every 100 dollars invested. MFS Investment's management efficiency ratios could be used to measure how well MFS Investment manages its routine affairs as well as how well it operates its assets and liabilities. The MFS Investment's current Return On Equity is estimated to increase to 0.03, while Return On Tangible Assets are projected to decrease to 0.01. As of now, MFS Investment's Total Assets are decreasing as compared to previous years. The MFS Investment's current Net Tangible Assets is estimated to increase to about 96.3 M, while Other Assets are projected to decrease to 1,724.Similar Executives
| Found 7 records | CHAIRMAN Age | ||
| Maamoun Rajeh | Arch Capital Group | 54 | |
| Corien WortmannKool | Aegon NV ADR | 62 | |
| Rande Yeager | Old Republic International | 75 | |
| Alexander Wynaendts | Aegon NV ADR | 59 | |
| William Anderson | Sun Life Financial | 70 | |
| Aldo Zucaro | Old Republic International | 80 | |
| William Connelly | Aegon NV ADR | 63 | |
Management Performance
| Return On Equity | 0.0216 | |||
| Return On Asset | 0.0226 |
MFS Investment Grade Leadership Team
Elected by the shareholders, the MFS Investment's board of directors comprises two types of representatives: MFS Investment 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 Investment's management team and ensure that shareholders' interests are well served. MFS Investment'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 Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Kilman, Independent Trustee | ||
| 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 Manning, Trustee | ||
| Maryanne Roepke, Independent Trustee | ||
| Clarence Otis, Independent Trustee | ||
| Christopher Bohane, Assistant Secretary, Assistant Clerk | ||
| Matthew Stowe, Assistant Secretary, Assistant Clerk | ||
| Michael Clarke, Chief Officer | ||
| Peter Jones, Independent Trustee | ||
| James Yost, Deputy Treasurer | ||
| Kevin Connaughton, Chief President | ||
| Esq Bordewick, Chief President | ||
| Steven Buller, Independent Trustee | ||
| Frank Tarantino, Independent Chief Compliance Officer | ||
| Stephen Welsh, Vice President | ||
| Thomas Connors, Assistant Secretary, Assistant Clerk | ||
| David DiLorenzo, Treasurer | ||
| Brian Langenfeld, Assistant Secretary, Assistant Clerk | ||
| Maureen Goldfarb, Independent Trustee | ||
| Michael Roberge, Trustee | ||
| Heidi Hardin, Secretary, Clerk | ||
| 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 | ||
| Barry Vallan, Controller | ||
| John Caroselli, Independent Trustee |
MFS Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MFS Investment 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 | 0.0216 | |||
| Return On Asset | 0.0226 | |||
| Profit Margin | 0.29 % | |||
| Operating Margin | 0.78 % | |||
| Current Valuation | 111.25 M | |||
| Shares Outstanding | 8.2 M | |||
| Shares Owned By Institutions | 31.89 % | |||
| Number Of Shares Shorted | 6.35 K | |||
| Price To Earning | 14.99 X | |||
| Price To Book | 0.88 X |
Pair Trading with MFS Investment
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 Investment 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 Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with MFS Stock
| 0.72 | MC | Moelis | PairCorr |
Moving against MFS Stock
| 0.52 | FDUS | Fidus Investment Corp | PairCorr |
| 0.46 | VCTR | Victory Capital Holdings | PairCorr |
The ability to find closely correlated positions to MFS Investment 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 Investment 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 Investment - 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 Investment Grade to buy it.
The correlation of MFS Investment 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 Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Investment Grade 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 Investment 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 Investment Grade. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for MFS Stock analysis
When running MFS Investment's price analysis, check to measure MFS Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS Investment is operating at the current time. Most of MFS Investment's value examination focuses on studying past and present price action to predict the probability of MFS Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Investment's price. Additionally, you may evaluate how the addition of MFS Investment to your portfolios can decrease your overall portfolio volatility.
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Is MFS Investment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS Investment. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 0.279 | Earnings Share 0.23 | Revenue Per Share 0.671 | Quarterly Revenue Growth 0.087 |
The market value of MFS Investment Grade is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Investment's value that differs from its market value or its book value, called intrinsic value, which is MFS Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS Investment's market value can be influenced by many factors that don't directly affect MFS Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Investment'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.