Ivy Municipal High Income I
6300 Lamar Ave Overland Park KS 66202
Map
Phone: 800-532-2783
| Category: | High Yield Muni | | Fund Family: | Ivy Funds | | Net Assets: | 1.65M | | Year-to-Date Return: | 31.16% | | Yield: | 5.17% | | Morningstar Rating: |  | | Fund Inception Date: | 30-Dec-98 |
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Michael J. Walls
Lead Manager since
15-Aug-08 | | | Walls is vice president of WRIMCO and IICO, and has been an employee of WRIMCO since March 1999, joining the company as an investment analyst. |
| Min Initial Investment: | $0 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks to provide a high level of income that is not subject to Federal income tax. The fund normally invests at least 80% of net assets in a diversified portfolio of tax-exempt municipal bonds. It invests primarily in bonds rated in the lower tier of investment-grade (BBB by S&P and Baa by Moody's) or lower, including bonds rated below investment-grade. The fund typically invests in municipal bonds with remaining maturities of 10 to 30 years. |
| Last Dividend
(27-Oct-09):
| 0.02 | | Last Cap Gain
(31-Dec-99):
| 0.00 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 44.16% |
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| Expense | WYMHX | Category
Avg | | Total Expense Ratio: | 0.70%
| 1.12% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 4.21% | | Max Deferred Sales Load: | %
| 2.72% | | 3 Yr Expense Projection*: |
$ 535 | $587 | | 5 Yr Expense Projection*: |
$ 1,060 | $866 | | 10 Yr Expense Projection*: |
$ 2,517 | $1,646 |
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0.50% Nasdaq 
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