The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pimco's Muni Bond Co-Chief Retires Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 8, 2016

Pimco's Muni Bond Co-Chief Retires

Reported by Neil Anderson, Managing Editor

The Pimco [profile] team said goodbye to a veteran PM last week.

David Hammer
Head of Municipal Bond Portfolio Management
The Newport Beach, California-based bond fund titan confirms that on June 1 municipal bond portfolio management team co-chief and executive vice president, Joe Deane, retired. David Hammer, who rose to co-chief of the team in January, now serves as sole head of the team.

New York City-based Deane was on the PM team for a number of Pimco closed-end funds, as well as some open-end mutual funds, including: the two-star, $15.4-million Pimco California Municipal Bond Fund; the three-star, $125.3-million Pimco California Intermediate Municipal Bond Fund; the three-star, $857-million Pimco High Yield Municipal Bond Fund; the three-star, neutral-rated, $711.3-million Pimco Municipal Bond Fund; and the two-star, $66.2-million Pimco National Interim Municipal Bond Fund. Hammer joined the PM teams for each fund in August 2015.

Deane is an alumnus of Iona College. He joined Pimco in 2011. Prior to that, he worked at Wamco, Smith Barney/Citigroup Asset Management, Shearson, and E.F. Hutton. He won Morningstar's "fixed income manager of the year" award in 1996 and was a finalist in two other years.

Hammer is an alumnus of Syracuse. A 13-year industry veteran, he worked at Morgan Stanley before joining Pimco in 2012. He went back to Morgan Stanley in 2014, then rejoined Pimco in 2015. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use