IBNAX - Ivy Balanced A

Nasdaq - Nasdaq Delayed Price. Currency in USD

Ivy Balanced A

Ivy Funds6300 Lamar Avenue, P.O. Box 29217Overland Park, KS 66202
800-777-6472
Management Information
Rick A. Perry,Lead Manager since July 13, 2017
Rick Perry is Senior Vice President of WRIMCO, Vice President of the Trust, and Vice President of and portfolio manager for another investment company for which WRIMCO serves as investment manager. Mr. Perry joined WRIMCO in October 2015 as a portfolio manager. Prior to joining WRIMCO, he had served as head of investment grade credit for Aegon USA Investment Management since 2006 and had previously served as a portfolio manager with Aegon since 2001. Mr. Perry graduated from Central College in 1989 with a BA in Accounting and in Business Management and earned an MBA with a concentration in Investments from the University of Iowa in 1992. Mr. Perry is a Chartered Financial Analyst and a Certified Public Accountant.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryAllocation--50% to 70% Equity
Fund FamilyIvy Funds
Net Assets1.95B
YTD Return8.77%
Yield1.76%
Morningstar Rating★★★
Inception DateNov 15, 1987

Fund Operations

Last Dividend0.13
Last Cap Gain0.00
Holdings Turnover47.00%
Average for CategoryN/A

Fees & Expenses

ExpenseIBNAXCategory Average
Annual Report Expense Ratio (net)1.11%0.86%
Prospectus Net Expense Ratio1.11%N/A
Prospectus Gross Expense Ratio1.11%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales Load5.75%5.15%
Max Deferred Sales LoadN/A1.92%
3 Yr Expense Projection908N/A
5 Yr Expense Projection1,151N/A
10 Yr Expense Projection1,849N/A