• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Up0.52% Nasdaq Up0.52%

    Ivy High Income I (IVHIX)

    8.11 Down 0.01(0.12%) Jun 2

    Profile as of Apr 29, 2015Get Profile for:
    Ivy High Income I
    Ivy Funds6300 Lamar Avenue, P.O. Box 29217Overland Park, KS 66202
    Map
    Phone: 800-777-6472
    Fund Overview 
    Category:High Yield Bond
    Fund Family:Ivy Funds
    Net Assets:7.97B
    Year-to-Date Return:3.16%
    Yield:7.15%
    Morningstar Rating:5 stars
    Fund Inception Date:Apr 2, 2007
    Morningstar Style Box 
    High Yield Bond
    [View Category Definition]
    View Top High Yield Bond Funds
    About the Morningstar Style Box
    Management Information 
    Chad A. Gunther
    Lead Manager since Jul 9, 2014
    Mr. Gunther is Vice President of IICO and WRIMCO and portfolio manager for other investment companies for which IICO or WRIMCO serves as investment manager. He has been an employee of WRIMCO since January 2003, initially serving as an investment analyst. He has served as assistant portfolio manager for funds managed by IICO and WRIMCO since 2008. Mr. Gunther earned a BS in business administration with an emphasis in economics from the University of Kansas, and an MBA with an emphasis in finance from Washington University/St. Louis Olin Graduate School of Business.
    Investment Information 
    Min Initial Investment:0
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    IVHIX can be purchased from 62 brokerages.

    Fund Summary 
    The investment seeks to provide total return through a combination of high current income and capital appreciation. The fund invests primarily in a diversified portfolio of high-yield, high-risk, fixed income securities, including secured and unsecured loan assignments, loan participations and other loan instruments (loans), of U.S. and foreign issuers, the risks of which are, in the judgment of the adviser consistent with the fund's objective. It invests primarily in lower quality debt securities, which include debt securities rated BBB+ or lower.

    Fund Operations 
    Last Dividend (May 26, 2015) : 0.05
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jun 1, 2015) : 75.00%
    Average for Category:72.33%
    Fees & Expenses 
    ExpenseIVHIXCategory Avg
    Annual Report Expense Ratio (net):0.69%1.07%
    Prospectus Net Expense Ratio:0.69%N/A
    Prospectus Gross Expense Ratio:0.69%N/A
    Max 12b1 Fee:0.00%N/A
    Max Front End Sales Load:N/A4.13%
    Max Deferred Sales Load: N/A2.09%
    3 Yr Expense Projection*:221514
    5 Yr Expense Projection*:384751
    10 Yr Expense Projection*:8591,519
    * Per $10,000 invested