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IHIFX Ivy High Income N

  • Fund
  • IHIFX
  • Price as of: Jun 22, 2018
  • $7.51
  • - $0.00
  • - 0.00%
  • Category
  • High Yield Bonds

IHIFX - Profile

Vitals

  • YTD Return -0.7%
  • 3 Yr Annualized Return 5.1%
  • 5 Yr Annualized Return 4.9%
  • Net Assets $5.66 B
  • Holdings in Top 10 17.4%

52 WEEK LOW AND HIGH

$7.51
$7.46
$7.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.56%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 35.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

High Yield Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return -0.7%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 8.04%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Ivy High Income Fund
  • Fund Family Name Ivy Funds
  • Inception Date Jul 31, 2014
  • Shares Outstanding N/A
  • Share Class N
  • Currency USD
  • Domiciled Country United States
  • Manager Chad A. Gunther

IHIFX - Performance

Return Ranking - Trailing

Period IHIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.7% -100.0% 10775.8% 16.80% 2
1 Yr 4.7% -100.0% 20.4% 12.81% 1
3 Yr 5.1% * -100.0% 9.8% 6.62% 1
5 Yr 4.9% * -100.0% 11.6% 16.46% 1
10 Yr 7.9% * -12.4% 12.4% 5.22% 1

* Annualized


Return Ranking - Calendar

Period IHIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.9% -72.4% 28.5% 45.95% 4
2016 7.9% -23.4% 332.1% 22.91% 2
2015 -14.0% -34.3% 1.0% 65.14% 5
2014 N/A -21.7% 31.6% N/A N/A
2013 N/A -16.9% 22.2% N/A N/A

Total Return Ranking - Trailing

Period IHIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.7% -100.0% 10775.8% 16.51% 2
1 Yr 4.7% -100.0% 20.4% 10.49% 1
3 Yr 5.1% * -100.0% 9.8% 5.49% 1
5 Yr 4.9% * -100.0% 11.6% 14.04% 1
10 Yr 7.9% * -12.4% 12.4% 4.13% 1

* Annualized


Total Return Ranking - Calendar

Period IHIFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.9% -72.4% 28.5% 46.25% 4
2016 7.9% -13.3% 332.1% 36.66% 3
2015 -14.0% -30.4% 9.9% 70.38% 5
2014 N/A -18.4% 55.9% N/A N/A
2013 N/A -16.9% 39.9% N/A N/A

NAV & Total Return History

IHIFX - Holdings

Filings data as of: Mar 31, 2018

Concentration Analysis

IHIFX Category Low Category High IHIFX % Rank Quintile
Net Assets 5.66 B 660 K 23.5 B 3.07% 1
Number of Holdings 267 1 1548 17.94% 4
Net Assets in Top 10 967 M -32.2 M 3.39 B 1.84% 1
Weighting of Top 10 17.4% 0.0% 151.4% 9.82% 2

Top 10 Holdings

  1. New Cotai, LLC and New Cotai Capital Corp 0.11% 2.63%
  2. Laureate Education, Inc. 0.08% 2.20%
  3. BakerCorp International Inc 0.08% 1.72%
  4. OLYMPUS MERGER SUB INC 0.08% 1.69%
  5. Jo-Ann Stores, Inc. 0.1% 1.62%
  6. Kronos Acquisition Holdings Inc 0.09% 1.59%
  7. Informatica Corporation 0.07% 1.56%
  8. Altice SA 0.08% 1.53%
  9. Dynacast International Llc (Ice Libor Plus 850 Bps) 1.46%
  10. TMX Finance LLC/TitleMax Finance Corp. 0.08% 1.43%

Asset Allocation

Weighting Category Low Category High IHIFX % Rank Quintile
Bonds
92.51% -13.09% 107.80% 17.18% 3
Stocks
3.35% 0.00% 99.15% 3.22% 1
Other
2.95% -19.81% 38.60% 5.37% 1
Preferred Stocks
0.98% 0.00% 13.07% 7.67% 1
Cash
0.20% -11.47% 113.09% 29.75% 5
Convertible Bonds
0.00% 0.00% 22.32% 17.33% 4

Stock Sector Breakdown

Weighting Category Low Category High IHIFX % Rank Quintile
Consumer Defense
1.27% 0.00% 6.19% 0.77% 1
Financial Services
0.71% 0.00% 18.65% 2.87% 1
Energy
0.19% 0.00% 9.63% 9.20% 2
Communication Services
0.10% 0.00% 4.06% 4.60% 1
Utilities
0.00% 0.00% 3.16% 4.98% 1
Technology
0.00% 0.00% 28.52% 5.75% 1
Real Estate
0.00% 0.00% 7.12% 4.79% 1
Industrials
0.00% 0.00% 13.50% 8.81% 2
Healthcare
0.00% 0.00% 17.03% 6.13% 2
Consumer Cyclical
0.00% 0.00% 14.13% 10.34% 2
Basic Materials
0.00% 0.00% 4.07% 8.05% 2

Stock Geographic Breakdown

Weighting Category Low Category High IHIFX % Rank Quintile
US
3.21% -0.01% 79.34% 2.91% 1
Non US
0.14% 0.00% 52.82% 5.67% 1

Bond Sector Breakdown

Weighting Category Low Category High IHIFX % Rank Quintile
Corporate
93.49% 0.00% 105.17% 13.04% 3
Cash & Equivalents
0.20% -7.60% 100.00% 29.14% 5
Derivative
0.00% -19.62% 13.09% 5.06% 1
Securitized
0.00% 0.00% 58.69% 15.34% 3
Municipal
0.00% 0.00% 100.00% 3.37% 1
Government
0.00% -10.58% 70.92% 13.34% 3

Bond Geographic Breakdown

Weighting Category Low Category High IHIFX % Rank Quintile
US
73.85% -13.09% 100.00% 22.24% 4
Non US
18.66% -0.13% 50.23% 8.28% 2

IHIFX - Expenses

Operational Fees

IHIFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.56% 0.00% 5.43% 27.50% 1
Management Fee 0.53% 0.00% 1.00% 4.75% 2
12b-1 Fee 0.00% 0.00% 1.00% 5.75% 1
Administrative Fee 0.01% 0.00% 0.45% 8.89% 1

Sales Fees

IHIFX Fees (% of AUM) Category Low Category High IHIFX Rank Quintile
Front Load N/A 2.00% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

IHIFX Fees (% of AUM) Category Low Category High IHIFX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

IHIFX Fees (% of AUM) Category Low Category High IHIFX Rank Quintile
Turnover 35.00% 6.98% 1517.00% 15.98% 1

IHIFX - Distributions

Dividend Yield Analysis

IHIFX Category Low Category High IHIFX % Rank Quintile
Dividend Yield 0.7% 0.00% 6.16% 8.96% 1

Dividend Distribution Analysis

IHIFX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

IHIFX Category Low Category High IHIFX % Rank Quintile
Net Income Ratio 8.04% -2.30% 8.71% 0.31% 1

Capital Gain Distribution Analysis

IHIFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

IHIFX - Managers

Chad A. Gunther

Manager

Start Date

Jul 09, 2014

Tenure

3.9

Tenure Rank

13.5%

Mr. Gunther is Senior Vice President of IICO and WRIMCO, Vice President of the Trust, and Vice President of and portfolio manager for other investment companies for which IICO or WRIMCO serve as investment manager. He has been an employee of WRIMCO since January 2003, initially serving as an investment analyst. He has served as assistant portfolio manager for funds managed by IICO and WRIMCO since 2008. Mr. Gunther earned a BS in Business Administration from the University of Kansas, and an MBA with an emphasis in Finance from the Washington University/St. Louis Olin Graduate School of Business.


Tenure Analysis

Category Low

0.0

Category High

58.0

Category Average

6.87

Category Mode

0.1