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WHIAX Ivy High Income A

  • Fund
  • WHIAX
  • Price as of: Dec 14, 2018
  • $7.08
  • - $0.02
  • - 0.28%
  • Category
  • High Yield Bonds

WHIAX - Profile

Vitals

  • YTD Return -6.3%
  • 3 Yr Annualized Return 6.5%
  • 5 Yr Annualized Return 3.5%
  • Net Assets $5.17 B
  • Holdings in Top 10 16.4%

52 WEEK LOW AND HIGH

$7.08
$7.08
$7.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.95%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 39.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$750

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return -6.3%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 7.02%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Ivy High Income Fund
  • Fund Family Name Ivy Funds
  • Inception Date Jul 03, 2000
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Chad A. Gunther

WHIAX - Performance

Return Ranking - Trailing

Period WHIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -6.3% -100.0% 10775.8% 58.79% 5
1 Yr 1.0% -100.0% 20.4% 27.62% 2
3 Yr 6.5% * -100.0% 14.0% 10.82% 1
5 Yr 3.5% * -100.0% 9.3% 44.50% 3
10 Yr 11.0% * -13.4% 13.4% 11.52% 1

* Annualized


Return Ranking - Calendar

Period WHIAX 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 -6.6% -21.7% 31.6% 57.39% 5
2013 1.2% -16.9% 22.2% 21.40% 2

Total Return Ranking - Trailing

Period WHIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -6.3% -100.0% 10775.8% 58.72% 5
1 Yr -4.8% -100.0% 20.4% 87.81% 5
3 Yr 4.4% * -100.0% 14.0% 55.90% 3
5 Yr 2.3% * -100.0% 9.3% 79.36% 5
10 Yr 10.4% * -13.4% 13.4% 26.30% 2

* Annualized


Total Return Ranking - Calendar

Period WHIAX 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 -5.0% -18.4% 55.9% 66.55% 5
2013 2.8% -16.9% 39.9% 39.88% 3

NAV & Total Return History

WHIAX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

WHIAX Category Low Category High WHIAX % Rank Quintile
Net Assets 5.17 B 635 K 23.2 B 3.07% 1
Number of Holdings 291 1 1770 16.41% 3
Net Assets in Top 10 929 M -32.2 M 3.27 B 1.84% 1
Weighting of Top 10 16.4% 0.0% 100.0% 10.74% 2

Top 10 Holdings

  1. New Cotai, LLC and New Cotai Capital Corp 10.63% 2.70%
  2. Laureate Education, Inc. 8.25% 2.16%
  3. Altice Luxembourg S.A. 7.75% 1.57%
  4. Informatica Corporation 7.13% 1.57%
  5. OLYMPUS MERGER SUB INC 8.5% 1.57%
  6. Kronos Acquisition Holdings Inc 9% 1.55%
  7. Dynacast International Llc (Ice Libor Plus 850 Bps) 1.41%
  8. VTR Finance B.V. 6.88% 1.28%
  9. ALTICE FRANCE S.A 7.38% 1.23%
  10. Laureate Education Inc A 1.39%

Asset Allocation

Weighting Category Low Category High WHIAX % Rank Quintile
Bonds
91.95% -16.15% 107.80% 19.17% 4
Stocks
3.39% -0.05% 97.02% 3.22% 1
Cash
3.32% -11.47% 116.15% 17.18% 3
Preferred Stocks
0.90% 0.00% 11.87% 6.90% 1
Other
0.44% -7.78% 38.60% 12.73% 2
Convertible Bonds
0.00% 0.00% 23.62% 17.64% 4

Stock Sector Breakdown

Weighting Category Low Category High WHIAX % Rank Quintile
Consumer Defense
1.39% 0.00% 6.19% 0.77% 1
Financial Services
0.77% 0.00% 17.73% 2.68% 1
Healthcare
0.13% 0.00% 17.03% 4.79% 1
Energy
0.12% 0.00% 9.63% 9.58% 2
Communication Services
0.12% 0.00% 4.06% 4.79% 1
Consumer Cyclical
0.07% 0.00% 15.15% 8.81% 2
Utilities
0.00% 0.00% 3.16% 6.32% 2
Technology
0.00% 0.00% 28.37% 5.94% 1
Real Estate
0.00% 0.00% 5.06% 4.98% 1
Industrials
0.00% 0.00% 14.11% 9.20% 3
Basic Materials
0.00% 0.00% 4.07% 8.81% 2

Stock Geographic Breakdown

Weighting Category Low Category High WHIAX % Rank Quintile
US
3.19% -0.05% 79.34% 2.91% 1
Non US
0.20% -0.03% 48.46% 5.67% 1

Bond Sector Breakdown

Weighting Category Low Category High WHIAX % Rank Quintile
Corporate
92.85% 0.00% 106.78% 15.34% 3
Cash & Equivalents
3.32% -7.60% 100.00% 16.41% 3
Derivative
0.00% -19.62% 16.15% 4.29% 1
Securitized
0.00% 0.00% 63.53% 15.18% 3
Municipal
0.00% 0.00% 100.00% 3.22% 1
Government
0.00% -6.83% 70.71% 13.80% 3

Bond Geographic Breakdown

Weighting Category Low Category High WHIAX % Rank Quintile
US
72.22% -16.15% 99.79% 25.61% 4
Non US
19.73% 0.00% 54.46% 6.75% 1

WHIAX - Expenses

Operational Fees

WHIAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.95% 0.00% 5.43% 21.20% 2
Management Fee 0.53% 0.00% 1.00% 4.60% 2
12b-1 Fee 0.25% 0.00% 1.00% 3.54% 2
Administrative Fee 0.01% 0.00% 0.45% 8.89% 1

Sales Fees

WHIAX Fees (% of AUM) Category Low Category High WHIAX Rank Quintile
Front Load 5.75% 2.00% 5.75% 0.79% 5
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

WHIAX Fees (% of AUM) Category Low Category High WHIAX 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.

WHIAX Fees (% of AUM) Category Low Category High WHIAX Rank Quintile
Turnover 39.00% 6.98% 1517.00% 14.59% 1

WHIAX - Distributions

Dividend Yield Analysis

WHIAX Category Low Category High WHIAX % Rank Quintile
Dividend Yield 0.5% 0.00% 3.33% 17.51% 2

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

WHIAX Category Low Category High WHIAX % Rank Quintile
Net Income Ratio 7.02% -2.30% 8.71% 0.77% 1

Capital Gain Distribution Analysis

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

WHIAX - Managers

Chad A. Gunther

Manager

Start Date

Jul 09, 2014

Tenure

4.4

Tenure Rank

12.6%

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

58.5

Category Average

7.02

Category Mode

0.5