Welcome to MutualFunds.com. Please help us personalize your experience.

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

WSTAX Ivy Science And Technology A

  • Fund
  • WSTAX
  • Price as of: May 10, 2019
  • $67.74 + $0.16 + 0.24%
  • Category
  • Health & Biotech Equities

WSTAX - Profile

Vitals

  • YTD Return 27.1%
  • 3 Yr Annualized Return 15.0%
  • 5 Yr Annualized Return 5.8%
  • Net Assets $7.82 B
  • Holdings in Top 10 51.6%

52 WEEK LOW AND HIGH

$67.74
$49.56
$75.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.22%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 22.00%

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 27.1%
  • 3 Yr Annualized Total Return 15.0%
  • 5 Yr Annualized Total Return 5.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.56%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 (%)
YTD 27.1% -4.3% 27.1% 0.98%
1 Yr -0.6% -23.4% 7.2% 20.59%
3 Yr 15.0%* -16.9% 24.9% 7.84%
5 Yr 5.8%* -11.4% 18.4% 13.27%
10 Yr 11.8%* -1.8% 16.1% 19.75%

* Annualized


Return Ranking - Calendar

Period WSTAX Return Category Return Low Category Return High Rank in Category (%)
2018 -16.2% -25.3% 7.7% 83.33%
2017 24.2% -10.8% 43.9% 21.57%
2016 1.6% -29.8% 2.6% 3.92%
2015 -5.5% -20.4% 13.8% 70.59%
2014 2.1% -5.8% 31.5% 91.84%

Total Return Ranking - Trailing

Period WSTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.1% -4.3% 27.1% 0.98%
1 Yr -0.6% -23.4% 11.3% 29.41%
3 Yr 15.0%* -16.9% 28.1% 10.78%
5 Yr 5.8%* -11.4% 20.4% 47.96%
10 Yr 11.8%* -1.8% 18.6% 51.85%

* Annualized


Total Return Ranking - Calendar

Period WSTAX Return Category Return Low Category Return High Rank in Category (%)
2018 -16.2% -25.3% 12.3% 85.29%
2017 24.2% -10.8% 45.8% 25.49%
2016 1.6% -24.2% 8.7% 4.90%
2015 -5.5% -16.6% 15.2% 76.47%
2014 2.1% -5.8% 36.7% 94.90%

NAV & Total Return History

WSTAX - Holdings

Concentration Analysis

WSTAX Category Low Category High WSTAX % Rank
Net Assets 7.82 B 13.9 M 44.3 B 4.90%
Number of Holdings 66 28 362 63.73%
Net Assets in Top 10 3.91 B 7.98 M 18.8 B 5.88%
Weighting of Top 10 51.56% 24.7% 76.6% 20.59%

Top 10 Holdings

  1. Microsoft Corp 9.07%

  2. Euronet Worldwide Inc 5.67%

  3. Aspen Technology Inc 5.03%

  4. WNS (Holdings) Ltd ADR 4.93%

  5. Vertex Pharmaceuticals Inc 4.69%

  6. ACI Worldwide Inc 4.57%

  7. Universal Display Corp 4.48%

  8. Apple Inc 4.42%

  9. Micron Technology Inc 4.37%

  10. Alibaba Group Holding Ltd ADR 4.32%


Asset Allocation

Weighting Return Low Return High WSTAX % Rank
Stocks
96.67% 92.71% 99.87% 64.71%
Other
1.91% -1.35% 3.29% 10.78%
Cash
1.33% 0.00% 7.28% 61.76%
Bonds
0.08% 0.00% 0.09% 3.92%
Preferred Stocks
0.00% 0.00% 2.00% 41.18%
Convertible Bonds
0.00% 0.00% 0.12% 29.41%

Stock Sector Breakdown

Weighting Return Low Return High WSTAX % Rank
Technology
61.10% 0.00% 61.10% 0.98%
Healthcare
13.80% 13.80% 99.84% 94.12%
Industrials
10.61% 0.00% 10.61% 0.98%
Consumer Cyclical
7.87% 0.00% 7.87% 0.98%
Financial Services
1.48% 0.00% 3.44% 2.94%
Real Estate
1.36% 0.00% 2.13% 2.94%
Basic Materials
0.47% 0.00% 0.47% 0.98%
Utilities
0.00% 0.00% 0.00% 27.45%
Energy
0.00% 0.00% 0.08% 30.39%
Communication Services
0.00% 0.00% 0.00% 27.45%
Consumer Defense
0.00% 0.00% 0.40% 36.27%

Stock Geographic Breakdown

Weighting Return Low Return High WSTAX % Rank
US
89.48% 62.33% 99.20% 25.49%
Non US
7.19% 0.00% 37.50% 71.57%

Bond Sector Breakdown

Weighting Return Low Return High WSTAX % Rank
Cash & Equivalents
1.33% 0.00% 7.28% 61.76%
Corporate
0.08% 0.00% 2.00% 23.53%
Derivative
0.00% 0.00% 0.11% 36.27%
Securitized
0.00% 0.00% 0.00% 27.45%
Municipal
0.00% 0.00% 0.00% 27.45%
Government
0.00% 0.00% 0.00% 27.45%

Bond Geographic Breakdown

Weighting Return Low Return High WSTAX % Rank
US
0.08% 0.00% 0.09% 3.92%
Non US
0.00% 0.00% 0.00% 27.45%

WSTAX - Expenses

Operational Fees

WSTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.10% 2.98% 54.90%
Management Fee 0.80% 0.09% 1.25% 58.82%
12b-1 Fee 0.25% 0.00% 1.00% 18.84%
Administrative Fee 0.01% 0.01% 0.40% 1.69%

Sales Fees

WSTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 18.52%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WSTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 699.00% 9.80%

WSTAX - Distributions

Dividend Yield Analysis

WSTAX Category Low Category High WSTAX % Rank
Dividend Yield 0.00% 0.00% 0.01% 40.20%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

WSTAX Category Low Category High WSTAX % Rank
Net Income Ratio -0.56% -2.15% 1.48% 64.71%

Capital Gain Distribution Analysis

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

WSTAX - Managers

Zachary H. Shafran

Manager

Start Date

Tenure

Tenure Rank

Feb 09, 2001

18.23

18.2%

Mr. Shafran is Senior Vice President of IICO and WRIMCO, Vice President of the Trust and Vice President of and portfolio manager for other investment companies for which IICO or WRIMCO serve as investment manager. 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

Tenure

Tenure Rank

Oct 01, 2016

2.58

2.6%

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

0.09

Category High

21.64

Category Average

10.34

Category Mode

19.01