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    Ivy Energy A (IEYAX)

    11.96 Down 0.03(0.25%) May 2

    Profile as of Mar 30, 2016Get Profile for:
    Ivy Energy A
    Ivy Funds6300 Lamar Avenue, P.O. Box 29217Overland Park, KS 66202
    Phone: 800-777-6472
    Fund Overview 
    Category:Equity Energy
    Fund Family:Ivy Funds
    Net Assets:371.02M
    Year-to-Date Return:1.03%
    Morningstar Rating:3 stars
    Fund Inception Date:Apr 3, 2006
    Morningstar Style Box 
    Equity Energy
    [View Category Definition]
    View Top Equity Energy Funds
    About the Morningstar Style Box
    Management Information 
    David P. Ginther
    Lead Manager since Apr 3, 2006
    David Ginther is Senior Vice President at Waddell & Reed Investment Management Company. He joined Waddell & Reed in March 1995 as an investment analyst; promoted to Assistant VP, Jan-99 and VP Jul-00. In Jul-03 was appointed Lead Portfolio Manager of Waddell & Reed Advisors Dividend Income Fund, a highly rated fund available for sale to investors in the US, and the fund upon which the Mackenzie Universal US Dividend Income Fund is modeled. David earned a BS, Accounting from Kansas State University and holds the CPA designation.
    Investment Information 
    Min Initial Investment:750
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:150
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    IEYAX can be purchased from 87 brokerages.

    Fund Summary 
    The investment seeks to provide capital growth and appreciation. The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in securities of companies within the energy sector, which includes all aspects of the energy industry, such as exploration, discovery, production, distribution or infrastructure of energy and/or alternative energy sources. It also may invest in companies that are not within the energy sector that are engaged in the development of products and services to enhance energy efficiency for the users of those products and services.

    Fund Operations 
    Last Dividend (Dec 11, 2013) : 0.00
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 30, 2014) : 22.00%
    Average for Category:93.38%
    Fees & Expenses 
    ExpenseIEYAXCategory Avg
    Annual Report Expense Ratio (net):1.48%1.52%
    Prospectus Net Expense Ratio:1.48%N/A
    Prospectus Gross Expense Ratio:1.48%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%5.17%
    Max Deferred Sales Load: N/A2.17%
    3 Yr Expense Projection*:1,016651
    5 Yr Expense Projection*:1,3361,019
    10 Yr Expense Projection*:2,2422,039
    * Per $10,000 invested