8.73 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 8.73
Category High Yield Bond
Net Assets 4.15 Bil
Yield 6.72%
Morningstar Risk Below Average
Morningstar Return Above Average
  • Last NAV update 4/17/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks to provide total return through a combination of high current income and capital appreciation. The fund invests primarily in a diversified portfolio of high-yield, high-risk, fixed income securities, including secured and unsecured loan assignments, loan participations and other loan instruments (loans), of U.S. and foreign issuers, the risks of which are, in the judgment of the adviser consistent with the fund's objective. It invests primarily in lower quality debt securities, which include debt securities rated BBB+ or lower.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 15.27% 6.12% 16.87% 10.19% 2.96%
Value ($) 11,526.50 12,232.47 14,296.44 15,753.35 16,219.41
  • Year to date performance as of 4/17/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Ivy Funds
Fund Manager William Nelson
Tenure (Years) 0
Fund Status Open
Minimum Initial Purchase 500.00
Minimum IRA Investment NA
Front Load 5.75
Expense Ratio 0.93%
PERFORMANCE
Symbol Value ($)
1 Month 0.59%
3 Months 1.93%
1 Year 8.61%
3 Years* 10.41%
5 Years* 15.87%
  • * Annualized returns
  • Performance as of 4/17/2014 12:00 AM ET
PEER COMPARISON
  WHIAX High Yield Bond
5-Yr Return 15.87% 14.61%
Sharpe Ratio 2.05 1.43
Net Assets 4.15 Bil 449.28 Mil
Avg Market Cap NA 14.01 Bil
Avg P/E NA 15.39
Portfolio Turnover 68 81
HOLDINGS
Symbol Value ($)
Stocks 0.04%
Cash 5.02%
Fixed Income 89.37%
Other 10.33%
TOP 10 HOLDINGS
NAME % NET ASSETS
Magic 2 Lien (Misys Plc) 2.30%
Us Foods 8.5% 2.24%
Laureate Educ 144A 9.25% 2.05%
Fmg (Fortesque) Tl New 1l 1.75%
Formula 1 (Proj Green Ii) 1.61%
Formula1-Delta 2 Sarl B 1.31%
Hd Sply 11.5% 1.27%
Hilton Tl B2 1l 1.18%
Onex Usi Acquisition 144A 7.75% 1.07%
Us Foods Senior Secured 0.97%
DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 9:41 AM ET
1-YEAR CHART Full-page chart
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money. Learn more
SYMBOL
LAST
CHANGE
SHARES
Quotes delayed at least 15 min
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] S&P futures vs fair value: +1.00. Nasdaq futures vs fair value: +5.80. The S&P futures have fallen off their best levels of the morning in what has been an otherwise narrow trading range. At the moment, they are trading close to fair v ... More
Sponsored by: