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WCASX Waddell & Reed Advs Wilshire Glb Allc C

  • Fund
  • WCASX
  • Price as of: Aug 18, 2017
  • $8.19
  • + $0.01
  • + 0.12%
  • Category
  • Global Allocation

WCASX - Profile

Vitals

  • YTD Return 8.3%
  • 3 Yr Annualized Return -3.4%
  • 5 Yr Annualized Return 4.3%
  • Net Assets $1.75 B
  • Holdings in Top 10 23.4%

52 WEEK LOW AND HIGH

$8.19
$7.45
$8.34

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.01%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 64.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$750

IRA

$500

Investment Themes

CATEGORY

Global Allocation
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 8.3%
  • 3 Yr Annualized Total Return -3.4%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.61%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Waddell & Reed Advisors Wilshire Global Allocation Fund
  • Fund Family Name Waddell & Reed
  • Inception Date Oct 05, 1999
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Cynthia P. Prince-Fox

Fund Description

The fund is a fund-of-funds that seeks to achieve its objective primarily by allocating its assets among a diverse group of affiliated equity and fixed income mutual funds. It invests primarily in mutual funds that are series of either the Waddell & Reed Advisors Funds or the Ivy Funds. Each underlying affiliated fund, in turn, invests in a diversified portfolio of securities from one or more of the following asset classes: domestic equity securities, foreign equity securities and bonds issued by domestic and foreign corporations and governments.

WCASX - Performance

Return Ranking - Trailing

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.3% -25.7% 20.5% 32.47% 2
1 Yr 7.2% -35.4% 26.6% 57.30% 3
3 Yr -3.4% * -9.9% 9.0% 94.40% 5
5 Yr 4.3% * -3.7% 10.2% 70.38% 4
10 Yr 4.0% * -1.0% 6.5% 40.89% 3

* Annualized


Return Ranking - Calendar

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -3.4% -30.2% 210.7% 78.18% 5
2015 -9.1% -30.7% 2.7% 63.72% 4
2014 -25.1% -25.2% 10.0% 85.86% 5
2013 18.9% -12.0% 23.8% 5.65% 1
2012 16.6% -11.2% 18.2% 1.62% 1

Total Return Ranking - Trailing

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.3% -25.7% 20.5% 32.47% 2
1 Yr 6.2% -35.4% 40.9% 54.29% 3
3 Yr -3.4% * -10.6% 12.6% 93.43% 5
5 Yr 4.3% * -3.9% 10.2% 68.62% 4
10 Yr 4.0% * -1.0% 6.5% 36.45% 2

* Annualized


Total Return Ranking - Calendar

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -3.4% -30.2% 210.8% 81.82% 5
2015 -9.1% -29.2% 7.0% 85.12% 5
2014 -7.2% -13.1% 18.1% 93.30% 5
2013 33.5% -9.8% 49.2% 2.54% 1
2012 27.2% -17.9% 30.6% 2.91% 1

NAV & Total Return History

WCASX - Holdings

Filings data as of: Mar 31, 2017

Concentration Analysis

WCASX Category Low Category High WCASX % Rank Quintile
Net Assets 1.75 B 774 K 105 B 5.71% 2
Number of Holdings 119 2 5460 12.90% 3
Net Assets in Top 10 419 M -157 M 19.4 B 7.40% 2
Weighting of Top 10 23.4% 0.0% 408.5% 20.93% 4

Top 10 Holdings

  1. Gold 4.64%
  2. Microsoft Corp 2.19%
  3. The Kraft Heinz Co 2.23%
  4. Halliburton Co 1.94%
  5. JPMorgan Chase & Co 2.59%
  6. Citigroup Inc 2.16%
  7. Pfizer Inc 1.79%
  8. Philip Morris International Inc 2.06%
  9. Liberty Formula One Group C 1.95%
  10. Adobe Systems Inc 1.88%

Asset Allocation

Weighting Category Low Category High WCASX % Rank Quintile
Stocks
73.77% -1.87% 101.23% 4.23% 1
Other
13.10% -1.50% 101.91% 2.54% 1
Bonds
10.39% -141.63% 97.68% 23.47% 5
Cash
2.38% -106.19% 184.57% 19.87% 4
Convertible Bonds
0.36% 0.00% 11.99% 2.75% 1
Preferred Stocks
0.00% 0.00% 16.52% 11.42% 4

Stock Sector Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
Financial Services
14.42% -1.55% 23.87% 2.86% 1
Consumer Cyclical
14.19% -0.75% 16.99% 0.44% 1
Technology
9.17% -1.42% 21.49% 8.15% 2
Energy
9.11% -0.11% 27.67% 2.20% 1
Consumer Defense
8.43% -1.18% 20.37% 2.64% 1
Industrials
7.89% -0.13% 13.55% 6.17% 1
Healthcare
6.40% -2.40% 10.58% 7.49% 2
Communication Services
2.32% -0.71% 19.14% 11.01% 2
Basic Materials
1.37% -0.11% 19.84% 22.47% 5
Utilities
0.00% 0.00% 19.38% 22.47% 5
Real Estate
0.00% -0.70% 31.84% 25.11% 5

Stock Geographic Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
US
57.54% -70.07% 97.35% 1.27% 1
Non US
16.23% 0.00% 94.99% 21.56% 4

Bond Sector Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
Government
8.60% -141.63% 70.19% 18.82% 4
Cash & Equivalents
2.38% -103.93% 185.25% 20.72% 4
Corporate
2.12% 0.00% 52.71% 22.20% 5
Securitized
0.04% 0.00% 22.08% 16.91% 4
Derivative
0.00% -14.90% 10.71% 4.65% 2
Municipal
0.00% 0.00% 9.55% 7.19% 3

Bond Geographic Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
US
10.39% -141.63% 66.42% 18.82% 4
Non US
0.00% 0.00% 60.56% 26.00% 5

WCASX - Expenses

Operational Fees

WCASX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.01% 0.01% 19.72% 17.80% 4
Management Fee 0.07% 0.00% 1.70% 9.79% 1
12b-1 Fee 1.00% 0.00% 1.00% 0.31% 4
Administrative Fee 0.00% 0.00% 0.55% 9.71% 1

Sales Fees

WCASX Fees (% of AUM) Category Low Category High WCASX Rank Quintile
Front Load N/A 0.15% 5.75% N/A N/A
Deferred Load 1.00% 0.50% 5.50% 4.72% 1

Trading Fees

WCASX Fees (% of AUM) Category Low Category High WCASX Rank Quintile
Max Redemption Fee N/A 0.11% 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.

WCASX Fees (% of AUM) Category Low Category High WCASX Rank Quintile
Turnover 64.00% 0.00% 1837.00% 10.99% 3

WCASX - Distributions

Dividend Yield Analysis

WCASX Category Low Category High WCASX % Rank Quintile
Dividend Yield 0.4% 0.00% 2.17% 19.69% 1

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

WCASX Category Low Category High WCASX % Rank Quintile
Net Income Ratio -0.61% -2.25% 9.28% 57.20% 5

Capital Gain Distribution Analysis

WCASX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

WCASX - Managers

Cynthia P. Prince-Fox

Manager

Start Date

Aug 04, 2014

Tenure

2.91

Tenure Rank

8.1%

Cynthia Prince-Fox, born in 1959, was the portfolio manager for the predecessor fund since May 2003. She 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 WRIMCO serves as investment manager. In addition, Ms. Prince-Fox served as CIO of Austin, Calvert & Flavin, Inc., a former affiliate of WRIMCO, from November 2004 to July 2009 and, previously, as Co-CIO for Austin, Calvert & Flavin, Inc. from February 2002 to November 2004. She has also served as portfolio manager for investment companies managed by WRIMCO since January 1993. Ms. Prince-Fox earned a BBA degree in Finance from St. Mary’s University at San Antonio, Texas, and has earned an MBA with an emphasis in Finance from Rockhurst College.


F. Chace Brundige

Manager

Start Date

Aug 04, 2014

Tenure

2.91

Tenure Rank

8.1%

Brundige joined WRIMCO in 1996 as an equity investment analyst. In 1999 he left to join TCW/WestBridge Ventures LLC as a vice president and limited partner. From 2001 through August 2003, Mr. Brundige was employed by Citadel Investment Group. In 2003, he rejoined WRIMCO as an assistant portfolio manager for the Large Cap Growth equity team. He is Vice President of WRIMCO and IICO. Brundige holds the Chartered Financial Analyst designation.


Nathan R. Palmer

Manager

Start Date

May 18, 2017

Tenure

0.12

Tenure Rank

11.6%

Nathan Palmer is a managing director of Wilshire Associates and heads Wilshire Funds Management’s portfolio management group. Mr. Palmer has more than 17 years of industry experience and is responsible for creating multi-asset class, multi-manager investment solutions for financial intermediary clients. He is the Chair of Wilshire Funds Management’s Retirement Oversight Committee and a voting member of its Investment Committee. Prior to joining Wilshire Associates, Mr. Palmer provided investment advice to endowment, foundation, and family office clients at Convergent Wealth Advisors. Previously, he managed the public market investment portfolios for the endowment at the California Institute of Technology and for the defined benefit and defined contribution retirement assets at Intel Corporation. Mr. Palmer began his career as a securities analyst, where he published equity research on the technology, media, and telecom industries. Mr. Palmer graduated Phi Beta Kappa and cum laude from the University of Washington with a BA in business administration. He holds an MBA with High Distinction from the Stern School of Business, New York University, graduating as an Armando John Garville Memorial Scholar. Mr. Palmer holds the Chartered Financial Analyst designation and is an active member of the CFA Institute and the CFA Society of Los Angeles.


Anthony Wicklund

Manager

Start Date

May 18, 2017

Tenure

0.12

Tenure Rank

11.6%

Anthony Wicklund, CFA, CAIA, Portfolio Manager, is a vice president of Wilshire Associates and a portfolio manager with Wilshire Funds Management. Prior to joining Wilshire Associates in 2013, Mr. Wicklund was the Director of Risk Management at Convergent Wealth Advisors, where he led the firm’s investment risk management and operational due diligence efforts. Additionally, he served as chairman of the firm’s Risk Management Oversight Committee and was a voting member of the Investment Committee. Previously, Mr. Wicklund was a senior analyst at Pacific Seafood where he evaluated acquisition targets, coordinated the integration of acquired companies, and performed internal operational audits and capital expenditure analyses. Mr. Wicklund earned his BS in business administration, with a concentration in finance from the University of Oregon. He also holds an MBA from the Marshall School of Business, University of Southern California, with a concentration in investments and financial markets. Mr. Wicklund holds the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations, and is a member of the CFA Society of Los Angeles, CFA Institute, and CAIA Association.


Elizabeth Yakes

Manager

Start Date

May 18, 2017

Tenure

0.12

Tenure Rank

11.6%

Liz Yakes is a vice president of Wilshire Associates and a member of Wilshire Funds Management’s portfolio management group. Prior to joining Wilshire Associates in 2012, Ms. Yakes worked as a senior consultant at Ernst & Young supporting credit risk regulatory compliance initiatives for banking and capital markets clients. Ms. Yakes earned a BS in industrial engineering and a BS in integrated business and engineering from Lehigh University. She also holds an MBA from the Marshall School of Business, University of Southern California. She holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Los Angeles.


Tenure Analysis

Category Low

0.1

Category High

28.4

Category Average

5.08

Category Mode

2.5