IVLEX: Ivy Limited-Term Bond Fund - MutualFunds.com
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IVLEX - Snapshot

Vitals

  • YTD Return -0.5%
  • 3 Yr Annualized Return 3.1%
  • 5 Yr Annualized Return 2.0%
  • Net Assets $1.16 B
  • Holdings in Top 10 20.4%

52 WEEK LOW AND HIGH

$11.06
$11.04
$11.12

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.95%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 61.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA N/A

Fund Classification


Compare IVLEX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.96

0.00%

$77.10 B

1.91%

$0.21

-0.63%

0.20%

$82.10

-0.04%

$67.36 B

1.48%

$1.21

-0.97%

0.05%

$10.77

0.00%

$67.36 B

-

$0.00

-0.92%

0.15%

$4.20

-0.24%

$59.74 B

2.58%

$0.11

-0.24%

0.59%

$82.58

-0.06%

$46.92 B

1.89%

$1.56

-0.80%

0.05%

IVLEX - Profile

Distributions

  • YTD Total Return -0.5%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.82%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Ivy Limited-Term Bond Fund
  • Fund Family Name
    Ivy Funds
  • Inception Date
    Apr 02, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Susan Regan

Fund Description

The fund seeks to identify relative value opportunities between these sectors of the fixed-income market. Under normal circumstances, it invests at least 80% of its net assets in bonds with limited-term maturities. Investment-grade debt securities include bonds rated BBB- or higher by S&P Global Ratings, a division of S&P Global, Inc. (S&P), or comparably rated by another nationally recognized statistical rating organization (NRSRO) or, if unrated, determined by the advisor to be of comparable quality.


IVLEX - Performance

Return Ranking - Trailing

Period IVLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.5% -2.9% 98.0% 58.28%
1 Yr 1.7% -1.6% 22.6% 72.38%
3 Yr 3.1%* 1.0% 7.0% 63.64%
5 Yr 2.0%* 0.3% 6.2% 74.91%
10 Yr 1.6%* 0.2% 4.3% 72.21%

* Annualized

Return Ranking - Calendar

Period IVLEX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -23.0% 206.3% 34.15%
2019 2.1% -2.4% 6.6% 41.80%
2018 -1.2% -50.6% 1.0% 47.67%
2017 0.0% -2.6% 3.0% 35.46%
2016 0.4% -65.8% 10.9% 41.57%

Total Return Ranking - Trailing

Period IVLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.5% -2.9% 98.0% 58.28%
1 Yr -0.8% -6.0% 22.6% 94.01%
3 Yr 2.2%* -0.4% 7.0% 88.77%
5 Yr 1.5%* -0.3% 6.2% 88.58%
10 Yr 1.4%* 0.1% 4.3% 80.05%

* Annualized

Total Return Ranking - Calendar

Period IVLEX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -23.0% 206.3% 34.15%
2019 2.1% -2.3% 7.2% 45.59%
2018 -1.2% -4.2% 6.5% 54.67%
2017 0.0% -2.6% 5.9% 46.07%
2016 0.4% -65.2% 10.9% 51.01%

NAV & Total Return History


IVLEX - Holdings

Concentration Analysis

IVLEX Category Low Category High IVLEX % Rank
Net Assets 1.16 B 6.25 M 77.1 B 49.35%
Number of Holdings 265 4 4813 67.43%
Net Assets in Top 10 239 M -166 M 9.49 B 45.50%
Weighting of Top 10 20.36% 2.2% 100.0% 62.64%

Top 10 Holdings

  1. United States Treasury Notes 2% 3.73%
  2. United States Treasury Notes 1.75% 2.96%
  3. United States Treasury Notes 1.5% 2.91%
  4. United States Treasury Notes 1.5% 2.81%
  5. United States Treasury Notes 2.5% 2.76%
  6. United States Treasury Notes 2.25% 2.40%
  7. United States Treasury Notes 2.75% 2.21%
  8. United States Treasury Notes 1.5% 1.84%
  9. United States Treasury Notes 2.13% 1.76%
  10. United States Treasury Notes 1.88% 1.75%

Asset Allocation

Weighting Return Low Return High IVLEX % Rank
Bonds
97.37% 44.02% 140.07% 10.64%
Cash
1.57% -43.60% 55.47% 79.71%
Convertible Bonds
1.06% 0.00% 25.13% 71.03%
Stocks
0.00% -0.04% 9.58% 18.49%
Preferred Stocks
0.00% 0.00% 26.94% 27.33%
Other
0.00% -4.69% 19.42% 13.91%

Bond Sector Breakdown

Weighting Return Low Return High IVLEX % Rank
Corporate
57.00% 0.46% 100.00% 22.59%
Government
23.78% 0.00% 79.60% 39.12%
Securitized
17.65% 0.00% 94.57% 74.96%
Cash & Equivalents
1.57% 0.00% 55.47% 87.07%
Derivative
0.00% 0.00% 25.31% 23.57%
Municipal
0.00% 0.00% 22.43% 59.57%

Bond Geographic Breakdown

Weighting Return Low Return High IVLEX % Rank
US
89.62% -5.72% 117.41% 12.77%
Non US
7.75% 0.00% 86.66% 73.81%

IVLEX - Expenses

Operational Fees

IVLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.01% 12.15% 33.33%
Management Fee 0.47% 0.00% 1.19% 82.19%
12b-1 Fee 0.25% 0.00% 1.00% 27.95%
Administrative Fee N/A 0.01% 0.50% 2.03%

Sales Fees

IVLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 0.50% 5.75% 25.00%
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

IVLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

IVLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 0.00% 496.37% 36.93%

IVLEX - Distributions

Dividend Yield Analysis

IVLEX Category Low Category High IVLEX % Rank
Dividend Yield 0.00% 0.00% 1.64% 10.95%

Dividend Distribution Analysis

IVLEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

IVLEX Category Low Category High IVLEX % Rank
Net Income Ratio 1.82% -9.96% 4.34% 48.81%

Capital Gain Distribution Analysis

IVLEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

IVLEX - Fund Manager Analysis

Managers

Susan Regan


Start Date

Tenure

Tenure Rank

Aug 04, 2014

6.83

6.8%

Ms. Regan 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. She joined IICO in November 2007 as a fixed-income investment analyst and trader. She was appointed assistant vice president and assistant portfolio manager in January 2010. Ms. Regan 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 Category High Category Average Category Mode
0.04 28.33 5.86 1.41