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
B+ (Buy)

U.S. News evaluated 179 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Ivy Funds funds

See full High Yield Bond rankings

See more fund rankings

Performance

The fund has returned 11.46 percent over the past year, 11.14 percent over the past three years, 14.20 percent over the past five years, and 9.22 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 4.7%
1 Year 11.5%
3 Years (Annualized) 11.1%
5 Years (Annualized) 14.2%
10 Years (Annualized) 9.2%

See more IVHIX performance

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 0.69 percent.

See more IVHIX fees

Risk

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

See more IVHIX risk

See Also:

Top Ivy Funds Funds