Jane Trust - Western Asset Chairman
| DMO Fund | USD 11.46 0.03 0.26% |
Ms. Jane E. Trust is Chairman of the Board, President, Chief Executive Officer, Trustee Director of the Company., effective August 1, 2015. Ms. Trust is a Managing Director of Legg Mason Co., LLC and was a part of the Legg Mason family for almost 27 years. She has held senior investment roles within Legg Mason Capital Management and Legg Mason Investment Counsel . Ms. Trust was an Institutional Portfolio Manager for LMCM, managing accounts on behalf of sovereign wealth funds, pension plans, public funds and mutual funds. At LMIC, Ms. Trust was Head of Investments, supervising a team of equity and fixed income portfolio managers and overseeing the firms trading desk. In addition, currently Ms. Trust serves as Senior Vice President of LMPFA, the Funds investment manager. Ms. Trust earned a B.A. in Engineering Sciences from Dartmouth College and an M.A.S. in Finance from The Johns Hopkins University. In addition, she is a CFA charterholder. Ms. Trust is also Senior Vice President of LMPFA, each Funds investment adviser.
| Age | 59 |
| Tenure | 9 years |
| Phone | 800-822-5544 |
| Web | https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=DMO |
Jane Trust Latest Insider Activity
Tracking and analyzing the buying and selling activities of Jane Trust against Western Asset fund is an integral part of due diligence when investing in Western Asset. Jane Trust insider activity provides valuable insight into whether Western Asset is net buyers or sellers over its current business cycle. Note, Western Asset insiders must abide by specific rules, including filing SEC forms every time they buy or sell Western Asset'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Jane Trust over a month ago Disposition of tradable shares by Jane Trust of Western Asset subject to Rule 16b-3 | ||
Jane Trust over two months ago Western Asset exotic insider transaction detected |
Western Asset Management Performance (%)
The company has Return on Asset of 3.04 % which means that on every $100 spent on assets, it made $3.04 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (3.99) %, 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.Similar Money Managers
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| Richard Cavanagh | Blackrock Muniyield Quality | 75 | |
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| John Kavanaugh | MFS Municipal Income | 65 | |
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| William Park | Eaton Vance National | 74 | |
| John Kavanaugh | MFS High Income | 65 | |
| John Kavanaugh | MFS Investment Grade | 65 | |
Management Performance
| Return On Equity | -3.99 | |||
| Return On Asset | 3.04 |
Western Asset Mortgage 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.
| Jennifer Berg, Treasurer | ||
| Daniel Cronin, Independent Director | ||
| Christopher Berarducci, Treasurer and Principal Financial Officer | ||
| Todd Kuehl, Chief Compliance Officer | ||
| Jane Trust, Chairman of the Board, President, Chief Executive Officer, Trustee/ Director | ||
| Jeanne Kelly, Senior Vice President | ||
| Robert Frenkel, Secretary, Chief Legal Officer | ||
| Eileen Kamerick, Independent Director | ||
| Nisha Kumar, Independent Director | ||
| Paolo Cucchi, Independent Director | ||
| Robert Agdern, Independent Director | ||
| Richard Sennett, Principal Financial Officer | ||
| Carol Colman, Independent Director | ||
| William Hutchinson, Lead Independent Director | ||
| Thomas Mandia, Assistant Secretary | ||
| George Hoyt, Secretary, Chief Legal Officer | ||
| Jenna Bailey, Identity Theft Prevention Officer | ||
| Fred Jensen, Chief Compliance Officer |
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 | -3.99 | |||
| Return On Asset | 3.04 | |||
| Profit Margin | (43.80) % | |||
| Operating Margin | 82.53 % | |||
| Current Valuation | 205.85 M | |||
| Shares Outstanding | 11.33 M | |||
| Shares Owned By Institutions | 44.73 % | |||
| Number Of Shares Shorted | 6.55 K | |||
| Price To Earning | 6.07 X | |||
| Price To Book | 0.75 X |
Pair Trading with Western Asset
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 Western Asset 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 Western Asset will appreciate offsetting losses from the drop in the long position's value.Moving together with Western Fund
| 0.78 | OASVX | Optimum Small Mid | PairCorr |
The ability to find closely correlated positions to Western Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Asset 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 Western Asset - 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 Western Asset Mortgage to buy it.
The correlation of Western Asset 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 Western Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Asset Mortgage 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 Western Asset 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Western Asset Mortgage. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.