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Invested Portfolios Conservative Port Cl A: (MF: WICAX)

(NASDAQ Mutual Funds) As of May 3, 2019 08:15 PM ET

$10.94 USD

-0.01 (-0.09%)

Zacks MF Rank

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1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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Fund Description

The fund was incepted in October 2001 and is managed by WRIMCO. The fund seeks capital preservation by primarily investing in Waddell & Reed Advisors bond and income-producing mutual funds and invests, to a lesser extent, in Waddell & Reed Advisors equity mutual funds. The range of portfolio net assets invested in bond and income-producing funds is from 100% to 60%; correspondingly, the range of portfolio net assets invested in equity funds is from 0% to 40%. The portfolio distributes substantially all of its net investment income and realized net capital gains to its shareholders annually.