|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
High Yield Muni Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
8.60 Yrs
|
|
|
|
Avg Credit Quality |
|
|
BBB |
|
| As of
2009-06-30 |
|
|
| Day Change |
| $ 0.00 |
|
|
| NAV (2009-11-20) |
| $ 4.60 |
|
|
| YTD Return % (2009-11-20) |
| 26.96% |
|
|
| Total Assets ($ mil) |
| 530 |
|
| Growth of $10,000 |
 |
Fund: |
Waddell & Reed Muni Hi-Inc C |
| (from
1999-10-08
to 2009-10-31) |
 |
Category: |
High Yield Muni |
|
 |
Index: |
BarCap Municipal TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1999-10-08 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
26.96 |
16.71 |
0.87 |
3.13 |
3.70 |
3.50 |
| +/- Category |
-2.52 |
0.45 |
2.90 |
1.54 |
0.12 |
--- |
| +/- BarCap Municipal TR USD |
14.82 |
5.04 |
-3.38 |
-1.23 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
27.85 |
9.43 |
1.60 |
3.52 |
--- |
3.60 |
| Month-End (as of 2009-10-31) |
26.99 |
16.91 |
1.21 |
3.30 |
3.70 |
3.50 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
16.92 |
1.19 |
3.30 |
3.69 |
--- |
| On Distribution & Sale of Shares |
--- |
12.85 |
1.62 |
3.43 |
3.80 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
 |
--- |
|
| # of compared funds covered (3 yrs : out of 129 funds), (5 yrs : out of 107 funds), (10 yrs : out of 85 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
2.00%.
|
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
| General Obligations |
4.92 |
| Advance Refunded |
1.78 |
| State Appropriated Tobacco |
---
|
| Non-state Appropriated Tobacco |
---
|
| Education |
2.86 |
| Health |
23.44 |
| Housing |
4.73 |
| Industrial |
9.09 |
| Transportation |
2.22 |
| Utilities |
---
|
| Water/Sewer |
---
|
| Misc. Revenue |
50.96 |
|
| Bond Quality |
% of Bonds |
| AAA |
6.4 |
| AA |
0.8 |
| A |
17.4 |
| BBB |
31.2 |
| BB |
26.4 |
| B |
15.6 |
| Below B |
1.3 |
| Not Rated |
0.9 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
0.7 |
 |
Stocks |
0.0 |
|
Bonds |
99.3 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-06-30 |
Data through 2009-06-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
26 |
| Total Number of Bond Holdings |
220 |
|
30 Day SEC Yield % |
4.44 |
| % of Assets in Top 10 Holdings |
13.25 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
 |
Mohave Cnty Ariz Indl Dev Auth 8% |
2025-05-01 |
7,400 |
8,133 |
1.78 |
|
Las Vegas Nev Redev Agy Tax In Rev Bd 8% |
2030-06-15 |
6,500 |
6,752 |
1.48 |
|
Royal Oak Mich Hosp Fin Auth 8.25% |
2039-09-01 |
5,600 |
6,342 |
1.39 |
|
LA VERNIA HIGHER ED FIN CORP E REV BDS |
2038-08-15 |
5,900 |
6,059 |
1.33 |
|
Smyth Cnty Va Indl Dev Auth 8% |
2038-07-01 |
5,400 |
6,007 |
1.32 |
|
 |
|
Deschutes Cnty Ore Hosp Facs A Hos 8.25% |
2038-01-01 |
5,000 |
5,738 |
1.26 |
 |
Illinois Fin Auth 7% |
2044-08-15 |
5,800 |
5,602 |
1.23 |
|
Southwestern Ill Dev Auth 7% |
2022-12-01 |
6,000 |
5,549 |
1.22 |
|
New Hampshire St Busn Fin Ref Rev 7.125% |
2027-07-01 |
5,000 |
5,099 |
1.12 |
|
California Rural Hm Mtg Fin Single 5.3% |
2049-02-01 |
5,185 |
5,093 |
1.12 |
|
|
 |
Data through 2009-06-30 |
|
|
| Fund Inception: 1999-10-08 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Michael J. Walls (2008-08-15) |
|
|
|
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. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-01-30) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
1.79 |
based on net assets
(taken from annual report dated 2008-09-30)
|
|
| Correspondence Information |
6300 Lamar Ave
P O Box 29217
Overland Park,
KS
66202
United States |
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