|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Short-Term Bond 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 |
|
|
2.78 Yrs
|
|
|
|
Avg Credit Quality |
|
|
AA |
|
| As of
2009-06-30 |
|
|
| Day Change |
| $ 0.00 |
|
|
| NAV (2009-11-20) |
| $ 11.14 |
|
|
| YTD Return % (2009-11-20) |
| 6.64% |
|
|
| Total Assets ($ mil) |
| 758 |
|
| Growth of $10,000 |
 |
Fund: |
Ivy Limited-Term Bond Y |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
Short-Term Bond |
|
 |
Index: |
BarCap US Agg Bond TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1995-12-04 |
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 |
6.64 |
9.49 |
6.89 |
4.99 |
5.01 |
4.91 |
| +/- Category |
-2.45 |
-0.10 |
3.28 |
1.78 |
0.79 |
--- |
| +/- BarCap US Agg Bond TR USD |
-0.27 |
-3.00 |
0.44 |
-0.28 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
5.44 |
10.22 |
6.69 |
4.77 |
5.00 |
4.91 |
| Month-End (as of 2009-10-31) |
5.89 |
10.64 |
6.70 |
4.80 |
5.01 |
4.91 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
9.53 |
5.45 |
3.61 |
3.56 |
--- |
| On Distribution & Sale of Shares |
--- |
6.90 |
4.98 |
3.39 |
3.41 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
 |
--- |
|
| # of compared funds covered (3 yrs : out of 360 funds), (5 yrs : out of 305 funds), (10 yrs : out of 164 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 % |
|
| US Government |
22.87 |
| US Treasuries |
13.31 |
| TIPS |
0.00 |
| US Agency |
9.55 |
|
|
|
| Mortgage |
7.71 |
| Mortgage Pass-Thru |
3.57 |
| Mortgage CMO |
4.14 |
| Mortgage ARM |
0.00 |
|
|
|
| Credit |
52.03 |
| US Corporate |
48.94 |
| Asset-Backed |
0.00 |
| Convertible |
0.00 |
| Municipal |
3.09 |
| Corporate Inflation-Protected |
0.00 |
|
|
|
| Foreign |
6.29 |
| Foreign Corp |
6.29 |
| Foreign Govt |
0.00 |
|
|
|
| Cash |
11.11 |
|
| Bond Quality |
% of Bonds |
| AAA |
49.8 |
| AA |
7.1 |
| A |
21.9 |
| BBB |
20.6 |
| BB |
0.0 |
| B |
0.0 |
| Below B |
0.0 |
| Not Rated |
0.6 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
11.1 |
 |
Stocks |
0.0 |
|
Bonds |
88.9 |
 |
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 % |
20 |
| Total Number of Bond Holdings |
139 |
|
30 Day SEC Yield % |
1.58 |
| % of Assets in Top 10 Holdings |
13.90 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
|
US Treasury Note 4.625% |
2011-08-31 |
10,000 |
10,723 |
1.88 |
|
US TREASURY NOTE |
2013-07-31 |
10,000 |
10,482 |
1.84 |
|
FNMA |
2013-07-17 |
8,000 |
8,545 |
1.50 |
|
Morgan Stanley Fdic Gtd Tlgp 3.25% |
2011-12-01 |
8,000 |
8,299 |
1.45 |
|
Berkshire Hathaway Fin 144A 4% |
2012-04-15 |
8,000 |
8,269 |
1.45 |
|
 |
|
US Treasury Note 4.25% |
2013-08-15 |
6,500 |
7,030 |
1.23 |
|
Federal Express 9.65% |
2012-06-15 |
6,005 |
6,745 |
1.18 |
|
US Treasury Note 4.5% |
2011-11-30 |
6,000 |
6,460 |
1.13 |
 |
Nebraska Pub Pwr Dist 5.14% |
2014-01-01 |
6,150 |
6,407 |
1.12 |
|
FHLBA 4.375% |
2013-09-13 |
6,000 |
6,403 |
1.12 |
|
|
 |
Data through 2009-06-30 |
|
|
|
| Fund Inception: 1995-12-04 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Mark J. Otterstrom (2008-08-15) |
|
|
|
Mark Otterstrom is a Vice President of Waddell & Reed Investment Management Company and Ivy Investment Management Company.
Mr. Otterstrom graduated in 1979 with a BS in finance from the University of Tulsa. He earned an MBA in finance from the University of Missouri at Kansas City in 1986. He was previously affiliated with the Federal Reserve Bank of Kansas City as a bank holding company examiner. In addition, he analyzed the financial condition and compliance with banking laws for thirty regional bank holding companies.
Mr. Otterstrom joined Waddell & Reed in May 1987 as a fixed income specialist with emphasis in high yield municipal bonds. He was appointed assistant vice president and assistant portfolio manager in January 1995 and vice president in January 1996. Mr. Otterstrom was named portfolio manager of the Waddell & Reed Advisors Municipal High Income Fund in June 2000.
Mr. Otterstrom assumed responsibility over the Core Fixed Income and Core Intermediate Fixed Income strategies upon Jim Cusser leaving the firm.
Mr. Otterstrom is a CFA charterholder. He is a member of the CFA Institute and the Kansas City Society of Financial Analysts. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-07-31) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
0.86 |
based on net assets
(taken from annual report dated 2009-03-31)
|
|
| Correspondence Information |
6300 Lamar Ave
Overland Park,
KS
66202
USA |
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