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WLTYX Ivy Limited-Term Bond Y

  • Fund
  • WLTYX
  • Price as of: Dec 01, 2016
  • $10.77
  • - $0.01
  • - 0.09%
  • Category
  • Total Bond Market

WLTYX - Profile

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return 1.4%
  • 5 Yr Annualized Return 1.3%
  • Net Assets $1.85 B
  • Holdings in Top 10 13.0%

52 WEEK LOW AND HIGH

$10.77
$10.73
$10.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

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

BROKERAGE FEES

  • Turnover 46.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.35%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Ivy Limited-Term Bond Fund
  • Fund Family Name Ivy Funds
  • Inception Date Dec 29, 1995
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Susan Regan

WLTYX - Performance

Return Ranking - Trailing

Period WLTYX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.3% -8.1% 202.4% 46.14% 4
1 Yr 2.6% -12.6% 13.2% 44.36% 3
3 Yr 1.4% * -5.8% 8.5% 48.10% 3
5 Yr 1.3% * -2.8% 9.4% 59.54% 4
10 Yr 3.3% * -1.7% 9.8% 49.33% 3

* Annualized


Return Ranking - Calendar

Period WLTYX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.9% -33.0% 3.0% 10.95% 2
2014 -0.6% -9.3% 14.9% 46.43% 4
2013 -2.7% -24.1% 40.4% 26.17% 3
2012 0.6% -100.0% 18.7% 57.27% 5
2011 0.4% -20.6% 15.5% 35.35% 3

Total Return Ranking - Trailing

Period WLTYX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.3% -7.3% 205.2% 54.56% 4
1 Yr 2.6% -12.6% 16.3% 37.99% 2
3 Yr 1.4% * -7.2% 8.5% 49.82% 3
5 Yr 1.3% * -3.7% 9.4% 65.79% 4
10 Yr 3.3% * -1.7% 9.8% 52.64% 3

* Annualized


Total Return Ranking - Calendar

Period WLTYX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.9% -32.5% 4.5% 28.35% 2
2014 -0.6% -8.3% 16.8% 63.81% 5
2013 -2.1% -12.9% 58.5% 41.39% 3
2012 0.9% -100.0% 35.2% 68.15% 5
2011 0.8% -20.7% 18.1% 49.44% 4

NAV & Total Return History

WLTYX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

WLTYX Category Low Category High WLTYX % Rank Quintile
Net Assets 1.85 B 319 K 176 B 8.70% 2
Number of Holdings 235 1 17569 17.04% 4
Net Assets in Top 10 240 M -36 B 21.3 B 9.87% 2
Weighting of Top 10 13.0% 0.0% 1093.9% 26.50% 5

Top 10 Holdings

  1. US Treasury Note 0.625% 2.71%
  2. US Treasury Note 2.75% 1.95%
  3. FNMA CMO 2% 1.19%
  4. US Treasury Note 1.375% 1.10%
  5. Fremf Mtg Tr 2011-K11 CMO 1.06%
  6. Visa 2.8% 1.05%
  7. Fremf Mtg Tr 2012-K17 CMO 1.01%
  8. FHLBA 1.7% 1.00%
  9. Ares Cap 3.875% 0.93%
  10. Anheuser Busch Inbev Fin 3.3% 1.04%

Asset Allocation

Weighting Category Low Category High WLTYX % Rank Quintile
Bonds
93.08% -175.98% 192.68% 13.84% 3
Other
4.20% -30.71% 98.36% 4.02% 1
Cash
2.72% -96.63% 275.92% 19.28% 4
Convertible Bonds
0.00% 0.00% 12.73% 5.65% 2
Preferred Stocks
0.00% -0.45% 17.13% 7.27% 3
Stocks
0.00% -3.27% 98.09% 5.75% 2

Bond Sector Breakdown

Weighting Category Low Category High WLTYX % Rank Quintile
Corporate
59.44% 0.00% 221.70% 3.87% 1
Securitized
18.84% 0.00% 105.84% 21.21% 4
Government
13.17% -389.49% 128.09% 18.36% 3
Cash & Equivalents
2.72% -63.55% 416.01% 18.77% 4
Municipal
1.63% 0.00% 105.76% 7.17% 2
Derivative
0.00% -513.07% 38.63% 2.34% 1

Bond Geographic Breakdown

Weighting Category Low Category High WLTYX % Rank Quintile
US
88.62% -370.09% 180.29% 7.32% 2
Non US
4.46% -45.82% 351.70% 24.06% 5

WLTYX - Expenses

Operational Fees

WLTYX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.89% 0.00% 42.51% 10.18% 3
Management Fee 0.44% 0.00% 2.15% 2.75% 3
12b-1 Fee 0.25% 0.00% 1.00% 1.91% 2
Administrative Fee 0.01% 0.00% 0.63% 4.36% 1

Sales Fees

WLTYX Fees (% of AUM) Category Low Category High WLTYX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

WLTYX Fees (% of AUM) Category Low Category High WLTYX Rank Quintile
Max Redemption Fee N/A 0.25% 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.

WLTYX Fees (% of AUM) Category Low Category High WLTYX Rank Quintile
Turnover 46.00% 0.00% 1856.00% 13.64% 2

WLTYX - Distributions

Dividend Yield Analysis

WLTYX Category Low Category High WLTYX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.30% 23.70% 4

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

WLTYX Category Low Category High WLTYX % Rank Quintile
Net Income Ratio 1.35% -1.76% 17.13% 17.15% 4

Capital Gain Distribution Analysis

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

WLTYX - Managers

Susan Regan

Manager

Start Date

Aug 04, 2014

Tenure

2.24

Tenure Rank

7.3%

Ms. Regan is Vice President of WRIMCO and IICO, Vice President of the Trust, and Vice President of and portfolio manager for other investment companies for which WRIMCO or IICO serves as investment manager. Ms. Regan joined Waddell & Reed in November 2007 as a fixed-income investment analyst and trader. She was appointed assistant vice president and assistant portfolio manager in January 2010. She earned a BA in economics in May 1984 and an MA in economics in December 1985 from the University of Missouri-Columbia.


Tenure Analysis

Category Low

0.0

Category High

27.9

Category Average

6.07

Category Mode

4.8