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WCASX Waddell & Reed Asset Strategy C

  • Fund
  • WCASX
  • Price as of: Aug 08, 2016
  • $7.77
  • - $0.01
  • - 0.13%
  • Category
  • Global Allocation

WCASX - Profile

Vitals

  • YTD Return -0.8%
  • 3 Yr Annualized Return -1.1%
  • 5 Yr Annualized Return 0.9%
  • Net Assets $2.23 B
  • Holdings in Top 10 26.9%

52 WEEK LOW AND HIGH

$7.77
$7.26
$8.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.95%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 69.00%

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 -0.8%
  • 3 Yr Annualized Total Return -1.1%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.04%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Waddell & Reed Advisor Asset Strategy 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 seeks to achieve its objective by allocating its assets primarily among stocks, bonds and short-term instruments of issuers in markets around the globe, as well as in derivative instruments, precious metals and investments with exposure to various foreign currencies. It may invest its assets in any market that Waddell & Reed Investment Management Company (WRIMCO), the fund's investment manager, believes can offer a high probability of return or, alternatively, can provide a high degree of relative safety in uncertain times.

WCASX - Performance

Return Ranking - Trailing

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.8% -25.7% 214.9% 76.52% 5
1 Yr -8.8% -35.4% 9.7% 94.08% 5
3 Yr -1.1% * -6.9% 8.9% 93.28% 5
5 Yr 0.9% * -6.2% 7.7% 87.09% 5
10 Yr 5.1% * 0.7% 7.5% 38.78% 2

* Annualized


Return Ranking - Calendar

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -9.1% -30.7% 2.5% 68.82% 4
2014 N/A -8.1% 1.8% N/A N/A
2013 N/A 7.6% 11.0% N/A N/A
2012 N/A 6.6% 8.7% N/A N/A
2011 N/A -6.7% -1.4% N/A N/A

Total Return Ranking - Trailing

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.8% -25.7% 214.9% 77.65% 5
1 Yr -9.7% -35.4% 9.7% 91.33% 5
3 Yr -1.1% * -7.5% 8.9% 91.73% 5
5 Yr 0.9% * -6.3% 7.7% 85.76% 5
10 Yr 5.1% * 0.7% 7.5% 33.16% 2

* Annualized


Total Return Ranking - Calendar

Period WCASX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -9.1% -30.7% 2.5% 68.90% 4
2014 N/A -7.7% 5.2% N/A N/A
2013 N/A 14.4% 16.1% N/A N/A
2012 N/A 9.9% 16.1% N/A N/A
2011 N/A -4.9% 3.7% N/A N/A

NAV & Total Return History

WCASX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

WCASX Category Low Category High WCASX % Rank Quintile
Net Assets 2.23 B 774 K 103 B 4.02% 2
Number of Holdings 146 2 3900 11.21% 3
Net Assets in Top 10 596 M -3.84 B 22.1 B 5.07% 2
Weighting of Top 10 26.9% 0.0% 191.7% 18.18% 4

Top 10 Holdings

  1. Gold 6.87%
  2. Delta Topco Ltd. 4.69%
  3. US Treasury Note 2% 2.77%
  4. Microsoft Corp 1.79%
  5. The Kraft Heinz Co 1.95%
  6. US Treasury Note 1.375% 2.20%
  7. US Treasury Note 2.25% 2.04%
  8. Halliburton Co 1.70%
  9. Adobe Systems Inc 1.45%
  10. The Home Depot Inc 1.44%

Asset Allocation

Weighting Category Low Category High WCASX % Rank Quintile
Stocks
49.87% -0.03% 95.90% 13.74% 3
Cash
22.15% -88.95% 243.96% 5.71% 1
Bonds
19.67% -162.60% 118.66% 19.87% 4
Other
8.31% -1.90% 33.13% 5.07% 1
Preferred Stocks
0.00% 0.00% 23.99% 10.99% 4
Convertible Bonds
0.00% 0.00% 46.29% 5.71% 3

Stock Sector Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
Healthcare
8.63% -2.40% 11.48% 2.66% 1
Technology
7.85% -1.42% 21.31% 8.87% 2
Consumer Cyclical
7.72% 0.00% 14.57% 5.99% 2
Financial Services
6.94% -1.55% 18.32% 13.97% 3
Consumer Defense
6.26% -1.18% 19.04% 6.65% 2
Energy
5.54% -0.11% 26.46% 4.21% 1
Industrials
3.45% 0.00% 14.09% 16.85% 4
Communication Services
1.32% -0.71% 20.22% 17.74% 4
Basic Materials
0.85% -0.11% 19.84% 20.40% 5
Real Estate
0.00% -0.70% 33.20% 21.51% 5
Utilities
0.00% 0.00% 19.90% 20.84% 5

Stock Geographic Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
US
40.11% -1.88% 61.85% 2.96% 1
Non US
9.76% -0.01% 88.58% 21.99% 5

Bond Sector Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
Government
14.74% -162.60% 93.78% 13.11% 3
Corporate
4.90% 0.00% 65.74% 17.97% 4
Cash & Equivalents
3.55% -89.02% 236.99% 19.87% 4
Securitized
0.03% 0.00% 25.06% 15.43% 4
Municipal
0.00% 0.00% 9.55% 6.98% 3
Derivative
0.00% -9.39% 16.51% 5.29% 2

Bond Geographic Breakdown

Weighting Category Low Category High WCASX % Rank Quintile
US
19.67% -162.60% 94.74% 11.21% 3
Non US
0.00% 0.00% 69.16% 23.47% 5

WCASX - Expenses

Operational Fees

WCASX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.95% 0.01% 19.72% 18.86% 4
Management Fee 0.64% 0.00% 1.70% 6.81% 3
12b-1 Fee 1.00% 0.00% 1.00% 0.31% 4
Administrative Fee 0.00% 0.00% 0.55% 10.00% 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 69.00% 0.00% 607.00% 8.62% 4

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 -0.04% -2.46% 7.59% 52.75% 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

1.99

Tenure Rank

8.2%

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

1.99

Tenure Rank

8.2%

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.


Tenure Analysis

Category Low

0.0

Category High

27.5

Category Average

5.04

Category Mode

1.6