Ivy Tax-Managed Equity B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
12.6%
3 Yr Avg Return
10.5%
5 Yr Avg Return
11.3%
Net Assets
$659 M
Holdings in Top 10
50.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.89%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
IYEBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 9.7%
- 5 Yr Annualized Total Return 11.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.80%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameIvy Tax-Managed Equity Fund
-
Fund Family NameIvy Funds
-
Inception DateMay 18, 2009
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBradley M. Klapmeyer
Fund Description
IYEBX - Performance
Return Ranking - Trailing
Period | IYEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -10.6% | 42.0% | N/A |
1 Yr | 12.6% | -62.3% | 16.6% | N/A |
3 Yr | 10.5%* | -37.8% | 23.3% | N/A |
5 Yr | 11.3%* | -31.0% | 23.8% | N/A |
10 Yr | 12.0%* | -12.5% | 16.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | IYEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -65.5% | 9.4% | N/A |
2022 | N/A | -28.2% | 41.0% | N/A |
2021 | N/A | -56.6% | 18.1% | N/A |
2020 | N/A | -38.0% | 11.4% | N/A |
2019 | N/A | -52.4% | 105.4% | N/A |
Total Return Ranking - Trailing
Period | IYEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -10.6% | 42.0% | N/A |
1 Yr | 7.6% | -62.3% | 24.1% | N/A |
3 Yr | 9.7%* | -37.8% | 29.4% | N/A |
5 Yr | 11.0%* | -31.0% | 32.7% | N/A |
10 Yr | 12.0%* | -12.5% | 19.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | IYEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -65.5% | 16.5% | N/A |
2022 | N/A | -28.2% | 48.9% | N/A |
2021 | N/A | -56.6% | 26.8% | N/A |
2020 | N/A | -38.0% | 17.3% | N/A |
2019 | N/A | -52.4% | 120.7% | N/A |
IYEBX - Holdings
Concentration Analysis
IYEBX | Category Low | Category High | IYEBX % Rank | |
---|---|---|---|---|
Net Assets | 659 M | 998 K | 193 B | N/A |
Number of Holdings | 41 | 6 | 2032 | N/A |
Net Assets in Top 10 | 332 M | 592 K | 54.6 B | N/A |
Weighting of Top 10 | 50.44% | 13.6% | 100.1% | N/A |
Top 10 Holdings
- Microsoft Corp 9.91%
- Amazon.com Inc 7.51%
- Apple Inc 5.75%
- Salesforce.com Inc 4.66%
- Alphabet Inc A 4.34%
- Verisk Analytics Inc 4.05%
- Adobe Inc 3.90%
- Visa Inc Class A 3.63%
- CME Group Inc Class A 3.49%
- Mastercard Inc A 3.21%
Asset Allocation
Weighting | Return Low | Return High | IYEBX % Rank | |
---|---|---|---|---|
Stocks | 99.39% | 17.95% | 118.91% | N/A |
Cash | 0.61% | -22.12% | 54.51% | N/A |
Preferred Stocks | 0.00% | 0.00% | 18.88% | N/A |
Other | 0.00% | -21.17% | 14.61% | N/A |
Convertible Bonds | 0.00% | 0.00% | 2.72% | N/A |
Bonds | 0.00% | 0.00% | 72.62% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | IYEBX % Rank | |
---|---|---|---|---|
Technology | 33.33% | 0.00% | 60.97% | N/A |
Consumer Cyclical | 16.71% | 0.00% | 32.85% | N/A |
Industrials | 14.96% | 0.00% | 25.15% | N/A |
Financial Services | 14.56% | 0.00% | 40.20% | N/A |
Healthcare | 11.47% | 0.00% | 96.10% | N/A |
Consumer Defense | 4.44% | 0.00% | 17.04% | N/A |
Communication Services | 2.54% | 0.00% | 15.66% | N/A |
Energy | 1.37% | 0.00% | 15.29% | N/A |
Utilities | 0.00% | -0.01% | 10.18% | N/A |
Real Estate | 0.00% | 0.00% | 10.15% | N/A |
Basic Materials | 0.00% | 0.00% | 11.46% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IYEBX % Rank | |
---|---|---|---|---|
US | 99.39% | 7.01% | 117.83% | N/A |
Non US | 0.00% | 0.00% | 92.52% | N/A |
IYEBX - Expenses
Operational Fees
IYEBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.89% | 0.00% | 15.15% | N/A |
Management Fee | 0.65% | 0.00% | 1.44% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.01% | 0.00% | 1.02% | N/A |
Sales Fees
IYEBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 8.50% | N/A |
Deferred Load | 5.00% | 1.00% | 5.50% | N/A |
Trading Fees
IYEBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.05% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
IYEBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 34.00% | 0.00% | 650.00% | N/A |
IYEBX - Distributions
Dividend Yield Analysis
IYEBX | Category Low | Category High | IYEBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.11% | N/A |
Dividend Distribution Analysis
IYEBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
IYEBX | Category Low | Category High | IYEBX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.80% | -14.30% | 2.62% | N/A |
Capital Gain Distribution Analysis
IYEBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
IYEBX - Fund Manager Analysis
Managers
Bradley M. Klapmeyer
Start Date
Tenure
Tenure Rank
Aug 04, 2014
4.24
4.2%
Brad Klapmeyer is portfolio manager of the large cap growth product suite of mutual funds and institutional accounts, managing the product suite since 2016. He has been portfolio manager of Ivy Tax-Managed Equity Fund since 2014 and of Ivy Focused Growth NextShares, an exchange-traded managed fund, since 2016. Mr. Klapmeyer joined the organization in 2007 as an equity investment analyst. He was appointed assistant vice president in 2010. He was assistant portfolio manager to the Large Cap Growth team from 2011 to 2016. He was appointed vice president in 2014 and senior vice president in 2018. Mr. Klapmeyer had been an associate analyst covering airlines for Prudential Equity Group, LLC from 2006 through 2007. He was an equity analyst for Commerce Bank from 2000 to 2006, where his research responsibilities were focused on electronic and health technologies. Mr. Klapmeyer graduated from Truman State University in 1999 with a BS in Finance and a minor in Economics. Mr. Klapmeyer is a CFA charterholder. He is a member of the CFA Institute and the CFA Society of Kansas City.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 51.53 | 8.48 | 0.0 |