To make the cake:
Preheat your oven to 325 degrees.
Using a hand or stand mixer, add the butter and sugar to the bowl and mix until light and fluffy (approximately 5 minutes).
Add the cream cheese to the bowl and mix until combined.
Next, add the eggs one at a time, mixing until combined after each addition.
Then add the coconut and almond extracts and mix.
Add the milk and mix.
Combine the flour, salt, and baking powder. Once combined, add it to the batter.
Fold the coconut into the batter.
Spray your 12-cup bundt pan with baking spray and then pour the batter into your pan, smoothing the top of the batter.
Bake the cake for approximately 1 hour and 15 minutes, or until a toothpick inserted into the center of the cake comes out clean. Allow the cake to cool for 20 minutes before removing it from the pan.
To make the glaze:
Add the powdered sugar to a bowl.
Add the coconut extract then slowly add the milk to the bowl while mixing the ingredients together.
Once combined, pour the glaze over your cooled cake. To the glaze with coconut as desired.
Then top the pound cake with shredded coconut.
Allow the glaze to set, then serve and enjoy!