WCEAX: Ivy Core Equity Fund - MutualFunds.com
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WCEAX - Snapshot

Vitals

  • YTD Return 11.1%
  • 3 Yr Annualized Return 18.0%
  • 5 Yr Annualized Return 16.2%
  • Net Assets $4.89 B
  • Holdings in Top 10 37.1%

52 WEEK LOW AND HIGH

$19.06
$13.71
$19.36

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.03%

SALES FEES

  • Front Load 3.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 66.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $750
  • IRA N/A

Fund Classification


Compare WCEAX to Popular U.S. Large-Cap Blend Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$216.75

-1.24%

$1.22 T

0.98%

$2.15

11.36%

0.03%

$105.39

-1.29%

$1.22 T

-

$0.00

11.28%

0.14%

$382.82

-1.33%

$739.47 B

1.39%

$5.39

11.39%

0.03%

$385.71

-1.31%

$739.47 B

-

$0.00

11.28%

0.14%

$414.92

-1.67%

$361.94 B

1.32%

$5.56

10.98%

0.09%

WCEAX - Profile

Distributions

  • YTD Total Return 11.1%
  • 3 Yr Annualized Total Return 16.6%
  • 5 Yr Annualized Total Return 15.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.42%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Ivy Core Equity 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
    Erik Becker

Fund Description

The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in equity securities, primarily in common stocks of large-capitalization companies. It seeks to invest in companies that the advisor believes are high-quality, have sustainable competitive advantages accompanied by financial strength and earnings stability, and have leading positions in their industries. The fund invests in securities that have the potential for capital appreciation, or that the advisor expects to resist market decline.


WCEAX - Performance

Return Ranking - Trailing

Period WCEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -72.9% 35.0% 53.94%
1 Yr 41.7% 2.1% 104.8% 38.01%
3 Yr 18.0%* -3.5% 25.0% 22.47%
5 Yr 16.2%* 4.0% 24.5% 45.61%
10 Yr 13.0%* 3.1% 15.8% 56.07%

* Annualized

Return Ranking - Calendar

Period WCEAX Return Category Return Low Category Return High Rank in Category (%)
2020 18.7% -94.0% 2181.7% 13.50%
2019 18.3% -22.7% 41.1% 75.79%
2018 -17.6% -100.0% 17.1% 73.20%
2017 12.9% -100.0% 33.2% 57.99%
2016 -0.2% -44.8% 25.0% 89.30%

Total Return Ranking - Trailing

Period WCEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -72.5% 35.0% 54.01%
1 Yr 36.8% 2.1% 104.8% 71.97%
3 Yr 16.6%* -3.5% 25.0% 45.95%
5 Yr 15.4%* 4.0% 24.5% 57.80%
10 Yr 12.6%* 3.1% 15.8% 64.02%

* Annualized

Total Return Ranking - Calendar

Period WCEAX Return Category Return Low Category Return High Rank in Category (%)
2020 18.7% -94.0% 2181.7% 13.50%
2019 18.3% -21.6% 41.1% 75.79%
2018 -17.6% -100.0% 17.1% 83.56%
2017 12.9% -100.0% 33.2% 87.15%
2016 -0.2% -13.4% 26.8% 97.35%

NAV & Total Return History


WCEAX - Holdings

Concentration Analysis

WCEAX Category Low Category High WCEAX % Rank
Net Assets 4.89 B 1.09 M 1.22 T 23.18%
Number of Holdings 46 2 3792 80.98%
Net Assets in Top 10 1.74 B -247 M 263 B 21.68%
Weighting of Top 10 37.14% 1.9% 100.0% 25.92%

Top 10 Holdings

  1. Microsoft Corp 7.15%
  2. Fiserv Inc 4.17%
  3. Apple Inc 3.98%
  4. Alphabet Inc A 3.80%
  5. JPMorgan Chase & Co 3.34%
  6. UnitedHealth Group Inc 3.22%
  7. Amazon.com Inc 3.18%
  8. Morgan Stanley 2.92%
  9. Mastercard Inc A 2.90%
  10. Union Pacific Corp 2.71%

Asset Allocation

Weighting Return Low Return High WCEAX % Rank
Stocks
99.69% 0.00% 154.58% 28.13%
Cash
0.31% -87.42% 100.00% 69.41%
Preferred Stocks
0.00% 0.00% 5.20% 60.57%
Other
0.00% -15.45% 100.00% 61.04%
Convertible Bonds
0.00% 0.00% 8.98% 58.18%
Bonds
0.00% -0.36% 82.68% 60.51%

Stock Sector Breakdown

Weighting Return Low Return High WCEAX % Rank
Financial Services
23.58% 0.00% 67.99% 4.11%
Technology
23.24% 0.00% 51.07% 44.77%
Healthcare
13.18% 0.00% 53.47% 47.81%
Consumer Cyclical
10.30% 0.00% 40.26% 70.26%
Industrials
10.04% 0.00% 36.79% 44.50%
Communication Services
8.25% 0.00% 28.93% 76.06%
Consumer Defense
5.01% 0.00% 49.19% 82.94%
Basic Materials
2.92% 0.00% 31.64% 40.66%
Utilities
2.27% 0.00% 32.20% 56.98%
Real Estate
1.20% 0.00% 68.36% 75.93%
Energy
0.00% 0.00% 19.92% 92.45%

Stock Geographic Breakdown

Weighting Return Low Return High WCEAX % Rank
US
95.40% 0.00% 151.93% 58.05%
Non US
4.29% 0.00% 62.89% 31.72%

WCEAX - Expenses

Operational Fees

WCEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.01% 31.14% 39.19%
Management Fee 0.62% 0.00% 2.00% 64.00%
12b-1 Fee 0.25% 0.00% 1.00% 49.87%
Administrative Fee N/A 0.00% 0.95% 4.48%

Sales Fees

WCEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.50% 1.00% 5.75% 91.91%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

WCEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

WCEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.00% 0.00% 363.00% 76.68%

WCEAX - Distributions

Dividend Yield Analysis

WCEAX Category Low Category High WCEAX % Rank
Dividend Yield 0.00% 0.00% 1.29% 61.70%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

WCEAX Category Low Category High WCEAX % Rank
Net Income Ratio 0.42% -3.04% 2.71% 78.89%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

WCEAX - Fund Manager Analysis

Managers

Erik Becker


Start Date

Tenure

Tenure Rank

Feb 17, 2006

15.29

15.3%

Erik R. Becker is primarily responsible for the day-to-day portfolio management of Ivy VIP Core Equity, and has held his Portfolio responsibilities since July 2006. He is Senior Vice President of IICO, Vice President of the Trust, and Vice President of and portfolio manager for another investment company for which IICO serves as investment manager. He joined the company in 1999 as an investment analyst and had served as an assistant portfolio manager for Ivy VIP Core Equity since 2003. He has served as a portfolio manager since February 2006, in addition to his duties as a research analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 38.02 6.48 1.42