Waddell & Reed Advisor Tax Managed Equity Fund

3 / 5 Stars
4 4 4 3 3
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
B- (Buy)

#124 in Large Growth

U.S. News evaluated 464 Large Growth 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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The fund has returned 31.22 percent over the past year, 14.90 percent over the past three years, 16.41 percent over the past five years, and 9.20 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 5.7%
1 Year 31.2%
3 Years (Annualized) 14.9%
5 Years (Annualized) 16.4%
10 Years (Annualized) 9.2%

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The investment seeks growth of capital while minimizing taxable gains and income to shareholders. The fund invests at least 80% of its net assets in equity securities. WRIMCO seeks stocks of growth-oriented companies that it believes have above-average levels of profitability and the ability to sustain growth over the long term. While the fund typically invests in the common stocks of primarily large capitalization U.S. companies, it may invest in companies of any size, any industry or any country in seeking to achieve its objective.


Fees are Average compared to funds in the same category.
Waddell & Reed Advisor Tax Managed Equity Fund has an expense ratio of 1.12 percent.

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

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