Ivy High Income Fund

Scorecard
4 / 5 Stars
Lipper
5 5 4 4 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
TheStreet.com
A- (Buy)

U.S. News evaluated 174 High Yield Bond 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 9.36 percent over the past year, 10.93 percent over the past three years, 17.33 percent over the past five years, and 8.87 percent over the past decade.

Trailing Returns Updated 03.31.2014
Year to date 2.9%
1 Year 9.4%
3 Years (Annualized) 10.9%
5 Years (Annualized) 17.3%
10 Years (Annualized) 8.9%

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Summary

The investment seeks to provide total return through a combination of high current income and capital appreciation. The fund invests primarily in a diversified portfolio of high-yield, high-risk, fixed income securities, including secured and unsecured loan assignments, loan participations and other loan instruments (loans), of U.S. and foreign issuers, the risks of which are, in the judgment of the adviser consistent with the fund's objective. It invests primarily in lower quality debt securities, which include debt securities rated BBB+ or lower.

Fees

Fees are Above Average compared to funds in the same category.
Ivy High Income Fund has an expense ratio of 0.70 percent.

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Risk

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

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