Waddell & Reed Advisor Value Fund

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

U.S. News evaluated 330 Large Value 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 22.06 percent over the past year, 10.65 percent over the past three years, 5.72 percent over the past five years, and 8.27 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 14.9%
1 Year 22.1%
3 Years (Annualized) 10.6%
5 Years (Annualized) 5.7%
10 Years (Annualized) 8.3%

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Summary

The investment seeks to provide capital appreciation. The fund seeks to achieve its objective by investing in the common stocks of primarily large capitalization companies that Waddell & Reed Investment Management Company (WRIMCO), the fund's investment manager, believes are undervalued, trading at a significant discount relative to the intrinsic value of the company as estimated by WRIMCO and/or are out of favor in the financial markets but have a favorable outlook for capital appreciation. Although the fund primarily invests in securities issued by large capitalization companies, it may invest in securities issued by companies of any size.

Fees

Fees are Low compared to funds in the same category.
Waddell & Reed Advisor Value Fund has an expense ratio of 0.93 percent.

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Risk

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

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