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    Waddell & Reed High-Income A (UNHIX)

    6.77 0.00(0.00%) Aug 28

    Profile as of Jul 30, 2015Get Profile for:
    Waddell & Reed High-Income A
    Waddell & Reed Advisors Funds6300 Lamar AvenueOverland Park KS 66202
    Map
    Phone: 888-923-3355
    Fund Overview 
    Category:High Yield Bond
    Fund Family:Waddell & Reed
    Net Assets:2.24B
    Year-to-Date Return:1.41%
    Yield:6.76%
    Morningstar Rating:4 stars
    Fund Inception Date:Jul 12, 1979
    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:750
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:150
    Min Subsequent Investment:0
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    UNHIX can be purchased from 22 brokerages.

    Fund Summary 
    The investment seeks to provide total return through a combination of high current income and capital appreciation. The fund primarily invests in a diversified portfolio of high-yield, high-risk, fixed-income securities. It may invest up to 100% of its total assets in non-investment grade debt securities, commonly called junk bonds, which include debt securities rated BB+ or lower by S&P or comparably rated by another NRSRO or, if unrated, determined by WRIMCO to be of comparable quality.

    Fund Operations 
    Last Dividend (Jul 26, 2015) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Aug 26, 2015) : 65.00%
    Average for Category:63.12%
    Fees & Expenses 
    ExpenseUNHIXCategory Avg
    Annual Report Expense Ratio (net):1.00%1.07%
    Prospectus Net Expense Ratio:1.01%N/A
    Prospectus Gross Expense Ratio:1.01%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%4.11%
    Max Deferred Sales Load: N/A2.03%
    3 Yr Expense Projection*:878509
    5 Yr Expense Projection*:1,101747
    10 Yr Expense Projection*:1,7401,520
    * Per $10,000 invested