People In Business NYSE 4
Schneider William J. starts fifth year as American Income Fund Independent Chairman 18 June 2018
NEWS BITES - PEOPLE IN BUSINESS
Schneider William J. was appointed Independent Chairman of American Income Fund (NYSE:JMM) four years ago on June 18, 2014. The shares were up from $US6.2 to $US7.0 and the total annualized return to shareholders (TRS) since appointment is 10.6%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth $US1,499, a gain of $US135 and dividend reinvested of $US363.
SECTION 1 AMERICAN INCOME FUND, INC. PRICE PERFORMANCE SCORECARD (NYSE:JMM):
1.1 American Income Fund, Inc. is placed 1,780/2,700 in the BSS News Bites ranking of price performance of NYSE stocks in the past year, a percentile ranking of 34.
1.2 MCap History:
Market Capitalization has decreased by $US6.7 million from $US73.4 million to $US66.7 million since appointment.
|JMM||Share Price (USD)||Market Capitalisation (USD)|
|1 Year ago||7.13||71.2 million|
|2 Years ago||6.64||69.7 million|
|3 Years ago||6.28||69.8 million|
|Jun 18, 2014||6.21||73.4 million|
1.3 Moving Annual Return (Trailing 12 months):
Based on a dynamic start date of 5 years ago, the Moving Annual Return has consistently exceeded 4.0%.
|JMM||Close||Dividends||Capital Gain / (Loss) %||% Yield||Annual Return %|
|Last Traded Jun 18||$US7.05||39.90c||(1.1)||5.6||4.5|
|1 Year ago||$US7.13||43.60c||7.4||6.6||13.9|
|2 Years ago||$US6.64||47.60c||5.6||7.6||13.2|
|3 Years ago||$US6.28||48.0c||1.3||7.7||9|
|4 Years ago||$US6.20||49.60c||5.7||8.5||14.2|
Close 5 years ago $US5.87.
1.4 Present Value of $US1000 invested in the past
The present value of $US1000 invested a year ago is $US1,048
|S&P 500 Index||1,001||1,019||1,143|
SECTION 2 AMERICAN INCOME FUND, INC. FINANCIALS AND GROWTH PERFORMANCE SCORECARD (NYSE:JMM):
2.1 Key Financials (All figures percent)
Return on Equity deteriorated from 4.9% in 2013 to 1.8% in 2016 and Operating Margin deteriorated from 65.4% in 2013 to 28.2% in 2016.
|JMM||Revenue Growth||EPS Growth||Operating Margin||ROE|
SECTION 3 AMERICAN INCOME FUND, INC. GLOBAL RANK (NYSE:JMM):
3.1 Global Rank
Global Rank [out of 47,580 units]
|Total Assets (US$)||110.3M||23,953||Third|
|Net Profit (US$)||1.4M||23,896||Third|
|Return on Equity %||1.8||26,544||Third|
|Net Profit Margin %||28.2||4,009||Top|
|Price to Book||0.9||9,523||Top|
|PV$1000 (1Year) US$||1,048||18,122||Second|
|US$ Change (1Year) %||0.1||19,626||Second|
|Rel Strength 6 Mo (US$)||55||21,276||Second|
SECTION 4 OTHER DIRECTORS OF AMERICAN INCOME FUND, INC.
Schneider William J., Independent Chairman
Adams William, Director
Schreier Thomas S., Director
McCarthy Kevin J., Company Secretary & Vice President
Kelly Walter M., Vice President
Grace Scott S., Vice President
Antosiewicz Cedric H., Vice President
Slager Joel T., Vice President
Prudhomme Kathleen L., Vice President
Foy Stephen D., Vice President
Cook Margo L., Vice President
SECTION 5 AMERICAN INCOME FUND, INC. ACTIVITIES
Invests in a combination of mortgage-backed securities and higher-yielding corporate bonds. The corporate debt securities held by the portfolio will focus on issuers with low investment-grade or non-investment grade ratings. The fund will maintain an avera