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Waddell & Reed Advisors High Inc: (MF: UNHIX)
(MF) As of Aug 29, 2014 06:06 PM ET
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Zacks MF Rank : 3 - Hold
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General Information as of Jul 31, 2014
%Unrealized Gain YTD
Net Assets (Mil $) 7/31/2014
% of Portfolio
High Yield Bond
Sector / Country Weightings
As of 7/31/2014
% of Portfolio
Top Holdings (As of 3/31/2014)
% of Portfolio
MISYS PLC AND MAGIC NEWCO
LAUREATE EDUC INC
FORMULA ONE HLDGS LTD AND
JO ANN STORES HLDGS INC
TMX FIN LLC AND TITLEMAX 1.05
DAVE & BUSTERS INC
NEW COTAL LLC AND NEW COT 0.93
EAGLE MIDCO INC
ALLIANCE DATA SYS CORP
Stock Holding % of Net Assets
Avg. EPS Growth
Avg. Market Value (Mil $)
Chart for Waddell & Reed Advisors High Inc UNHIX
%Max Sales Load
%Min Sales Load
%Max Deferred Load
%Max 12b-1 Fee
%Max Management Fee
The fund was incepted in July 1979 and is managed by Waddell & Reed Investment Management Company (WRIMCO). The primary goal of the fund is to earn a high level of current income. As a secondary goal, the fund seeks capital growth when consistent with the primary goal. The fund seeks to achieve these goals by investing primarily in a diversified portfolio of high-yield, high-risk, fixed income securities, the risks of which are, in the judgment of WRIMCO, consistent with the fund's goals. The fund invests primarily in lower quality bonds, commonly called junk bonds. The fund may invest an unlimited amount of its total assets in junk bonds. The fund may invest in bonds of any maturity and may invest in companies of any size. The fund may also invest up to 20% of its total assets in common stocks in order to seek capital growth. The fund emphasizes a blend of value and growth in its selection of common stocks. The fund declares dividends from net investment income daily and pays them monthly. Capital gains, if any, are paid annually.
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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
performance for information about the performance numbers displayed above.
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