Waddell & Reed Advisor Continental Income Fund

Scorecard
3 / 5 Stars
Lipper
3 2 3 1 4
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C+ (Hold)

U.S. News evaluated 120 Aggressive Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 16.55 percent over the past year, 9.55 percent over the past three years, 14.77 percent over the past five years, and 6.74 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 0.3%
1 Year 16.6%
3 Years (Annualized) 9.6%
5 Years (Annualized) 14.8%
10 Years (Annualized) 6.7%

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Summary

The investment seeks to provide total return through a combination of capital appreciation and current income. The fund seeks to achieve its objective by investing primarily in a mix of stocks, debt securities and short-term instruments, depending on market conditions. Regarding its equity investments, the fund invests primarily in medium to large, well-established companies that usually issue dividend-paying securities. It has no limitations on the range of maturities of the debt securities in which it may invest, or on the size of companies in which it may invest. The fund ordinarily invests at least 25% of its total assets in fixed-income securities.

Fees

Fees are Above Average compared to funds in the same category.
Waddell & Reed Advisor Continental Income Fund has an expense ratio of 2.34 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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