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Ivy High Income B (WHIBX)

8.69 Up 0.01(0.12%) Aug 29

Profile as of Jul 30, 2014Get Profile for:
Ivy High Income B
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:10.86B
Year-to-Date Return:3.18%
Yield:5.81%
Morningstar Rating:4 stars
Fund Inception Date:Jul 18, 2000
Morningstar Style Box 
High Yield Bond
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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:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
WHIBX can be purchased from 40 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 (Dec 11, 2013) : 0.04
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 27, 2014) : 75.00%
Average for Category:57.04%
Fees & Expenses 
ExpenseWHIBXCategory Avg
Annual Report Expense Ratio (net):1.68%1.09%
Prospectus Net Expense Ratio:1.68%N/A
Prospectus Gross Expense Ratio:1.68%N/A
Max 12b1 Fee:1.00%N/A
Max Front End Sales Load:N/A4.19%
Max Deferred Sales Load: 5.00%2.20%
3 Yr Expense Projection*:830538
5 Yr Expense Projection*:1,013862
10 Yr Expense Projection*:1,7881,765
* Per $10,000 invested