Waddell & Reed High-Income A
6300 Lamar Avenue P O Box 29217 Overland Park KS 66202
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Phone: 888-923-3355
| Category: | High Yield Bond | | Fund Family: | Waddell & Reed | | Net Assets: | 1.08B | | Year-to-Date Return: | 36.09% | | Yield: | 7.59% | | Morningstar Rating: |  | | Fund Inception Date: | 12-Jul-79 |
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William M. Nelson
Lead Manager since
01-Apr-08 | | | Nelson joined Waddell & Reed Investment Management Company in January 1995 as a fixed-income investment analyst. In January 1999, he was appointed vice president and portfolio manager. Prior to joining Waddell & Reed, he was affiliated with Xerox Credit Corporation from 1988 to 1994. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $25 |
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| The investment seeks a high level of current income. Capital growth is a secondary consideration. The fund primarily invests in a diversified portfolio of high-yield, high-risk, fixed-income securities of domestic and, to a lesser extent, foreign issuers. It invests primarily in lower quality bonds. The Fund may invest an unlimited amount of its total assets in junk bonds; however, the fund typically provides a cautious alternative within a more aggressive bond category. It may invest in fixed-income securities of any maturity and in companies of any size. |
| Last Dividend
(27-Oct-09):
| 0.04 | | Last Cap Gain
(19-Dec-88):
| 0.02 | | Annual Holdings Turnover
| 30.00% | | Average for Category:
| 90.12% |
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| Expense | UNHIX | Category
Avg | | Total Expense Ratio: | 1.12%
| 1.20% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 5.75%
| 4.47% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ 919 | $637 | | 5 Yr Expense Projection*: |
$ 1,172 | $994 | | 10 Yr Expense Projection*: |
$ 1,892 | $2,006 |
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