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WSTAX Ivy Science & Technology A

  • Fund
  • WSTAX
  • Price as of: Dec 02, 2016
  • $49.41
  • + $0.03
  • + 0.06%
  • Category
  • Health & Biotech Equities

WSTAX - Profile

Vitals

  • YTD Return -1.9%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 12.5%
  • Net Assets $3.87 B
  • Holdings in Top 10 42.6%

52 WEEK LOW AND HIGH

$49.41
$40.12
$52.25

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.28%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$750

IRA

N/A

Investment Themes

CATEGORY

Health & Biotech Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return 11.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.69%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Ivy Science and Technology 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 Zachary H. Shafran

WSTAX - Performance

Return Ranking - Trailing

Period WSTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.9% -30.9% 7.4% 6.25% 1
1 Yr -5.2% -29.1% 18.4% 17.12% 1
3 Yr 1.9% * -12.1% 17.2% 95.37% 5
5 Yr 12.5% * -3.0% 21.9% 87.38% 5
10 Yr 9.6% * 0.0% 14.3% 56.57% 3

* Annualized


Return Ranking - Calendar

Period WSTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.5% -20.4% 13.8% 68.18% 4
2014 2.1% -5.9% 31.5% 89.09% 5
2013 48.1% 0.0% 65.2% 24.77% 2
2012 25.8% -5.3% 36.5% 14.56% 1
2011 -11.1% -15.5% 18.8% 85.29% 5

Total Return Ranking - Trailing

Period WSTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.9% -23.3% 7.4% 6.31% 1
1 Yr -10.6% -27.5% 16.2% 42.73% 3
3 Yr -0.1% * -14.2% 17.0% 98.15% 5
5 Yr 11.2% * 9.0% 54.0% 94.17% 5
10 Yr 9.0% * 5.3% 26.8% 61.62% 4

* Annualized


Total Return Ranking - Calendar

Period WSTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.2% -16.6% 20.7% 88.07% 5
2014 4.5% -5.8% 55.3% 92.66% 5
2013 58.0% 0.0% 398.7% 73.15% 4
2012 30.9% -5.1% 475.8% 68.00% 4
2011 -5.3% -10.2% 2296.2% 88.66% 5

NAV & Total Return History

WSTAX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

WSTAX Category Low Category High WSTAX % Rank Quintile
Net Assets 3.87 B 20.5 M 43.6 B 6.25% 1
Number of Holdings 65 31 345 21.43% 5
Net Assets in Top 10 1.78 B 9.55 M 20.9 B 7.14% 1
Weighting of Top 10 42.6% 21.8% 71.5% 16.07% 2

Top 10 Holdings

  1. Micron Technology Inc 5.29%
  2. Alliance Data Systems Corp 4.53%
  3. Euronet Worldwide Inc 4.47%
  4. Aspen Technology Inc 4.49%
  5. ACI Worldwide Inc 3.76%
  6. Microsoft Corp 4.17%
  7. Microsemi Corp 4.20%
  8. Vertex Pharmaceuticals Inc 3.76%
  9. WNS (Holdings) Ltd ADR 4.21%
  10. NXP Semiconductors NV 3.69%

Asset Allocation

Weighting Category Low Category High WSTAX % Rank Quintile
Stocks
98.85% 82.12% 103.35% 9.82% 2
Bonds
0.58% 0.00% 1.91% 3.57% 1
Cash
0.57% 0.00% 16.35% 22.32% 4
Convertible Bonds
0.00% 0.00% 0.38% 3.57% 1
Preferred Stocks
0.00% 0.00% 0.96% 4.46% 1
Other
0.00% -3.35% 10.27% 16.96% 3

Stock Sector Breakdown

Weighting Category Low Category High WSTAX % Rank Quintile
Technology
64.83% 0.00% 64.83% 0.89% 1
Industrials
13.35% 0.00% 13.35% 0.89% 1
Healthcare
13.15% 13.15% 99.87% 32.14% 5
Consumer Cyclical
3.21% 0.00% 3.21% 0.89% 1
Real Estate
1.97% 0.00% 1.97% 0.89% 1
Utilities
1.10% 0.00% 1.10% 0.89% 1
Basic Materials
0.74% 0.00% 4.92% 3.57% 1
Financial Services
0.49% 0.00% 1.00% 1.79% 1
Consumer Defense
0.00% 0.00% 2.38% 12.50% 2
Energy
0.00% 0.00% 0.00% 0.89% 1
Communication Services
0.00% 0.00% 1.73% 1.79% 1

Stock Geographic Breakdown

Weighting Category Low Category High WSTAX % Rank Quintile
US
81.08% 60.81% 99.87% 25.89% 4
Non US
17.77% 0.00% 41.10% 8.04% 2

Bond Sector Breakdown

Weighting Category Low Category High WSTAX % Rank Quintile
Corporate
0.58% 0.00% 1.19% 4.46% 1
Cash & Equivalents
0.19% 0.00% 16.35% 29.46% 5
Securitized
0.00% 0.00% 0.00% 0.89% 1
Derivative
0.00% -0.10% 0.02% 1.79% 1
Municipal
0.00% 0.00% 0.00% 0.89% 1
Government
0.00% 0.00% 1.62% 2.68% 1

Bond Geographic Breakdown

Weighting Category Low Category High WSTAX % Rank Quintile
US
0.58% 0.00% 1.91% 3.57% 1
Non US
0.00% 0.00% 0.00% 0.89% 1

WSTAX - Expenses

Operational Fees

WSTAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.28% 0.10% 4.31% 44.64% 3
Management Fee 0.79% 0.08% 1.25% 8.93% 3
12b-1 Fee 0.25% 0.00% 1.00% 8.97% 1
Administrative Fee 0.01% 0.01% 0.40% 20.00% 1

Sales Fees

WSTAX Fees (% of AUM) Category Low Category High WSTAX Rank Quintile
Front Load 5.75% 3.50% 5.75% 3.85% 3
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

WSTAX Fees (% of AUM) Category Low Category High WSTAX Rank Quintile
Max Redemption Fee N/A 0.75% 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.

WSTAX Fees (% of AUM) Category Low Category High WSTAX Rank Quintile
Turnover 24.00% 7.00% 249.00% 23.21% 1

WSTAX - Distributions

Dividend Yield Analysis

WSTAX Category Low Category High WSTAX % Rank Quintile
Dividend Yield N/A 0.01% 0.94% N/A N/A

Dividend Distribution Analysis

WSTAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

WSTAX Category Low Category High WSTAX % Rank Quintile
Net Income Ratio -0.69% -2.22% 1.40% 44.64% 3

Capital Gain Distribution Analysis

WSTAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

WSTAX - Managers

Zachary H. Shafran

Manager

Start Date

Feb 09, 2001

Tenure

15.73

Tenure Rank

3.5%

Effective April 2010, Mr. Shafran was appointed the Global Director of Equity and Fixed Income Research for IICO and WRIMCO. Mr. Shafran has served as a portfolio manager for investment companies managed by WRIMCO or IICO since January 1996. He served as an investment analyst with WRIMCO and its predecessor from June 1990 to January 1996. Mr. Shafran earned a Bachelor of Business Administration and an MBA from the University of Missouri at Kansas City.


Bradley J. Warden

Manager

Start Date

Oct 01, 2016

Tenure

0.08

Tenure Rank

23.1%

Mr. Warden has held his Fund responsibilities since October 2016. He is Vice President of WRIMCO and IICO and Vice President of the Trust. Mr. Warden joined Waddell & Reed in 2003 as an investment analyst and became an assistant portfolio manager in 2014. He earned a BS degree in Business Administration from Trinity University and an MBA in Finance from the University of Texas – Austin.


Tenure Analysis

Category Low

0.0

Category High

19.1

Category Average

8.78

Category Mode

4.8