Price Chart

Key Stats

Customize
Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.82% -5.51% 246.89M 41779.60
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
6.79% 45.00% -18.09M Upgrade

Basic Info

Investment Strategy
The Fund normally invests at least 80% of its Managed Assets in a portfolio of U.S. and foreign bonds, loans and other fixed income instruments that are, at the time of purchase, rated below investment grade. Its investments will primarily consist of predominantly high yield bonds and/or secured loans, though they may also include debentures, notes, commercial paper and investment grade bonds. It may invest up to 100% of its Managed Assets in fixed income instruments and securities issued by foreign issuers, and up to 25% of Managed Assets in fixed income instruments of issuers in emerging markets.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name Ivy Funds
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
William Nelson 7.84 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 68
-18.09M
-7.432B Category Low
3.065B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2018

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of October 22, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Loading chart...
Name
2014
2015
2016
2017
2018
2019
2020
YTD
-1.27%
-12.79%
33.96%
12.58%
-11.81%
25.67%
5.20%
12.10%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-2.09%
-0.10%
-7.92%
24.37%
13.40%
-8.94%
26.80%
7.51%
15.88%
0.03%
-8.86%
32.07%
17.02%
-16.09%
26.18%
0.19%
16.54%
-4.82%
-9.31%
19.05%
6.01%
-10.11%
23.88%
8.06%
15.96%
1.00%
-15.04%
25.43%
7.15%
-9.95%
27.27%
12.43%
13.46%
As of October 22, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-22-21) 6.79%
30-Day SEC Yield (6-30-18) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 6.74%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of September 30, 2021

Asset Allocation

As of September 30, 2021.
Type % Net % Long % Short
Cash 20.52% Upgrade Upgrade
Stock 2.71% Upgrade Upgrade
Bond 73.21% Upgrade Upgrade
Convertible 0.26% Upgrade Upgrade
Preferred 1.48% Upgrade Upgrade
Other 1.81% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
State Street Instl US Govt MMkt Premier 18.05% 1.00 0.00%
Staples, Inc. 7.5%
3.99% -- --
U.S. Renal Care Inc. (3-Month Ice Libor Plus 500 Bps)
2.85% -- --
Digicel Holdings Bermuda Ltd / Digicel International Finance Ltd 8.75%
2.82% -- --
Olympus Merger Sub Inc 8.5%
2.78% -- --
NFP Corp. 6.88%
2.66% -- --
iShares iBoxx $ High Yield Corp Bd ETF 2.53% 86.84 -0.24%
West Corp. (3-Month Ice Libor Plus 400 Bps)
2.45% -- --
Dreyfus Instl Preferred Govt MMkt Instl 2.33% 1.00 0.00%
Pae Holding Corp. (Ice Libor Plus 450 Bps)
2.30% -- --

Basic Info

Investment Strategy
The Fund normally invests at least 80% of its Managed Assets in a portfolio of U.S. and foreign bonds, loans and other fixed income instruments that are, at the time of purchase, rated below investment grade. Its investments will primarily consist of predominantly high yield bonds and/or secured loans, though they may also include debentures, notes, commercial paper and investment grade bonds. It may invest up to 100% of its Managed Assets in fixed income instruments and securities issued by foreign issuers, and up to 25% of Managed Assets in fixed income instruments of issuers in emerging markets.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name Ivy Funds
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
William Nelson 7.84 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-22-21) 6.79%
30-Day SEC Yield (6-30-18) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 6.74%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of September 30, 2021

Fund Details

Key Dates
Inception Date 5/29/2013
Last Annual Report Date 9/30/2020
Last Prospectus Date 5/28/2013
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No