Waddell & Reed Advisor Tax Managed Equity Fund

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

#133 in Large Growth

U.S. News evaluated 466 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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Performance

The fund has returned 32.45 percent over the past year, 14.46 percent over the past three years, 20.49 percent over the past five years, and 9.08 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 3.1%
1 Year 32.5%
3 Years (Annualized) 14.5%
5 Years (Annualized) 20.5%
10 Years (Annualized) 9.1%

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Summary

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

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

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

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