IASRX: Ivy Asset Strategy R

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

IASRX Ivy Asset Strategy R


Profile

IASRX - Profile

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return -2.1%
  • 5 Yr Annualized Return -1.2%
  • Net Assets $2.63 B
  • Holdings in Top 10 25.1%

52 WEEK LOW AND HIGH

$21.71
$15.57
$22.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.46%

SALES FEES

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

BROKERAGE FEES

  • Turnover 44.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Ivy Asset Strategy Fund
  • Fund Family Name
    Ivy Funds
  • Inception Date
    Jul 31, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chace Brundige

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

IASRX - Performance

Return Ranking - Trailing

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -24.5% 15.5% 39.76%
1 Yr 1.8% -20.0% 20.5% 46.96%
3 Yr -2.1%* -11.8% 6.9% 80.08%
5 Yr -1.2%* -6.3% 26.9% 87.50%
10 Yr -0.4%* -1.9% 12.8% 94.70%

* Annualized

Return Ranking - Calendar

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.8% -10.1% 24.1% 32.65%
2018 -20.9% -24.2% 0.0% 98.35%
2017 15.1% -4.4% 18.5% 11.01%
2016 -5.8% -7.8% 209.2% 98.21%
2015 -14.0% -19.9% 0.3% 94.37%

Total Return Ranking - Trailing

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -24.5% 15.5% 39.76%
1 Yr 1.8% -20.0% 20.5% 46.96%
3 Yr 4.7%* -11.8% 10.1% 19.50%
5 Yr 4.2%* -6.3% 30.0% 42.59%
10 Yr 4.4%* -1.9% 17.0% 62.25%

* Annualized

Total Return Ranking - Calendar

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.8% -10.1% 24.1% 32.65%
2018 -5.6% -24.2% 0.8% 33.06%
2017 18.0% -4.4% 20.3% 12.78%
2016 -5.8% -7.8% 216.9% 98.21%
2015 -8.7% -19.5% 2.7% 89.20%

NAV & Total Return History


Holdings

IASRX - Holdings

Concentration Analysis

IASRX Category Low Category High IASRX % Rank
Net Assets 2.63 B 929 K 111 B 41.43%
Number of Holdings 182 2 13891 47.01%
Net Assets in Top 10 626 M 919 K 28 B 52.19%
Weighting of Top 10 25.11% 12.1% 100.1% 68.57%

Top 10 Holdings

  1. Gold 6.95%
  2. Microsoft Corp 3.00%
  3. Amazon.com Inc 2.69%
  4. Taiwan Semiconductor Manufacturing Co Ltd 2.57%
  5. Visa Inc Class A 1.98%
  6. Adobe Inc 1.76%
  7. Zimmer Biomet Holdings Inc 1.61%
  8. ASML Holding NV 1.58%
  9. Intuit Inc 1.52%
  10. ORIX Corp 1.44%

Asset Allocation

Weighting Return Low Return High IASRX % Rank
Stocks
62.06% 18.92% 79.04% 35.86%
Bonds
24.29% 0.00% 75.74% 74.50%
Other
6.95% -0.16% 84.67% 17.53%
Convertible Bonds
4.79% 0.00% 23.75% 3.59%
Cash
1.91% -46.04% 4.83% 73.31%
Preferred Stocks
0.00% 0.00% 19.01% 89.24%

Stock Sector Breakdown

Weighting Return Low Return High IASRX % Rank
Technology
28.61% 0.00% 28.61% 1.99%
Financial Services
15.75% 0.00% 26.15% 18.73%
Industrials
15.58% 4.03% 15.58% 1.99%
Healthcare
11.65% 0.00% 21.16% 74.50%
Consumer Cyclical
10.15% 0.79% 15.81% 47.01%
Consumer Defense
9.00% 1.01% 15.16% 31.08%
Energy
3.03% 0.00% 16.55% 46.22%
Basic Materials
2.57% 0.71% 13.06% 87.65%
Utilities
1.98% 0.00% 15.66% 88.45%
Communication Services
1.51% 0.49% 14.43% 96.02%
Real Estate
0.16% 0.00% 54.65% 96.81%

Stock Geographic Breakdown

Weighting Return Low Return High IASRX % Rank
US
32.02% -13.73% 63.78% 52.99%
Non US
30.04% 0.00% 81.71% 37.45%

Bond Sector Breakdown

Weighting Return Low Return High IASRX % Rank
Corporate
71.24% 0.00% 96.70% 10.76%
Government
13.84% 0.00% 89.51% 70.12%
Securitized
8.76% 0.00% 44.18% 64.94%
Cash & Equivalents
6.16% 0.00% 99.95% 84.46%
Derivative
0.00% -0.04% 46.93% 81.67%
Municipal
0.00% 0.00% 98.87% 84.06%

Bond Geographic Breakdown

Weighting Return Low Return High IASRX % Rank
US
16.78% 0.00% 61.90% 70.12%
Non US
7.51% 0.00% 39.75% 51.39%

Expenses

IASRX - Expenses

Operational Fees

IASRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.46% 0.01% 31.15% 15.85%
Management Fee 0.65% 0.00% 1.29% 74.50%
12b-1 Fee 0.50% 0.00% 1.00% 56.95%
Administrative Fee N/A 0.00% 0.40% 3.67%

Sales Fees

IASRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

IASRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

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.

IASRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 4.00% 158.00% 32.52%

Distributions

IASRX - Distributions

Dividend Yield Analysis

IASRX Category Low Category High IASRX % Rank
Dividend Yield 0.00% 0.00% 16.73% 67.73%

Dividend Distribution Analysis

IASRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Semi-Annually Quarterly Quarterly

Net Income Ratio Analysis

IASRX Category Low Category High IASRX % Rank
Net Income Ratio 1.72% -1.12% 7.22% 64.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

IASRX - Fund Manager Analysis

Managers

Chace Brundige


Start Date

Tenure

Tenure Rank

Aug 04, 2014

6.08

6.1%

Mr. Brundige joined Ivy Investment Management Company as an assistant portfolio manager for the Large Cap Growth equity team, and became a portfolio manager in Feb. 2006. He is Senior Vice President of IICO, Vice President of the Trust, and Vice President of and portfolio manager for other investment companies for which IICO serves as investment manager. Mr. Brundige holds a BS degree in Finance from Kansas State University, and has earned an MBA with an emphasis in Finance and Accounting from the University of Chicago Graduate School of Business. Mr. Brundige is a Chartered Financial Analyst.

W. Surles


Start Date

Tenure

Tenure Rank

Feb 06, 2018

2.57

2.6%

Jeff Surles is a Vice President of Ivy Investment Management Company, a subsidiary of Waddell & Reed Financial, Inc. Mr. Surles graduated from Vanderbilt University in 2000 with a BS in organizational development. He earned an MBA with emphasis in finance from the University of Wisconsin in 2007. While attending the University of Wisconsin he was actively involved in the Applied Security Analysis Program and completed an internship at Provident Trust Company. Prior to joining Waddell & Reed, Mr. Surles was employed by Surles Development Corp. as a portfolio manager from 2003 to 2005, and an investment analyst from 2001 to 2003. In the fall of 2000, he was a sales analyst for Enterprise Development Services, Inc. Mr. Surles joined Waddell & Reed in June 2007 as a fixed income investment analyst. He was appointed assistant vice president in January 2012. Mr. Surles was named co-portfolio manager of the Ivy Global Income Allocation Fund (formerly Ivy International Balanced Fund) in June 2012. Mr. Surles was appointed vice president and assumed sole management responsibilities for the Ivy Global Income Allocation Fund in 2014. Mr. Surles is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 28.68 8.47 7.67