• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down0.26% Nasdaq Down0.34%

    Waddell & Reed Energy A (WEGAX)

    13.61 Down 0.29(2.09%) Jul 6

    Profile as of May 30, 2015Get Profile for:
    Waddell & Reed Energy A
    Waddell & Reed Advisors Funds6300 Lamar AvenueOverland Park KS 66202
    Phone: 888-923-3355
    Fund Overview 
    Category:Equity Energy
    Fund Family:Waddell & Reed
    Net Assets:282.81M
    Year-to-Date Return:4.85%
    Morningstar Rating:3 stars
    Fund Inception Date:Mar 1, 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 Mar 1, 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:500
    Min Initial Investment, AIP:150
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    WEGAX can be purchased from 6 brokerages.

    Fund Summary 
    The investment seeks to provide capital growth and appreciation. The fund invests 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 invests in a blend of value and growth companies domiciled throughout the world, which may include companies that are offered in initial public offerings. The fund may invest up to 100% of its total assets in foreign securities.

    Fund Operations 
    Last Dividend (Dec 11, 2013) : 0.00
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 30, 2014) : 43.00%
    Average for Category:80.03%
    Fees & Expenses 
    ExpenseWEGAXCategory Avg
    Annual Report Expense Ratio (net):1.57%1.44%
    Prospectus Net Expense Ratio:1.57%N/A
    Prospectus Gross Expense Ratio:1.57%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%5.14%
    Max Deferred Sales Load: N/A2.22%
    3 Yr Expense Projection*:1,042660
    5 Yr Expense Projection*:1,3811,031
    10 Yr Expense Projection*:2,3352,059
    * Per $10,000 invested