Waddell & Reed Muni Hi-Inc A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
3.7%
3 Yr Avg Return
2.3%
5 Yr Avg Return
3.1%
Net Assets
$710 M
Holdings in Top 10
13.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load 4.25%
Deferred Load N/A
TRADING FEES
Turnover 9.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
$750
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
UMUHX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.29%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWaddell & Reed Advisor Municipal High-Income Fund
-
Fund Family NameWaddell & Reed
-
Inception DateJan 21, 1986
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael J. Walls
Fund Description
UMUHX - Performance
Return Ranking - Trailing
Period | UMUHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 1.7% | 7.2% | N/A |
1 Yr | 3.7% | -0.2% | 6.1% | N/A |
3 Yr | 2.3%* | -2.1% | 1.8% | N/A |
5 Yr | 3.1%* | -0.2% | 2.3% | N/A |
10 Yr | 4.7%* | 0.9% | 6.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | UMUHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -5.6% | 4.2% | N/A |
2022 | N/A | 0.0% | 8.6% | N/A |
2021 | N/A | -6.7% | -1.2% | N/A |
2020 | N/A | -2.0% | 2.9% | N/A |
2019 | N/A | 3.6% | 83.0% | N/A |
Total Return Ranking - Trailing
Period | UMUHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 1.7% | 7.2% | N/A |
1 Yr | -0.7% | -0.2% | 6.9% | N/A |
3 Yr | 0.8%* | -2.1% | 3.1% | N/A |
5 Yr | 2.3%* | -0.2% | 5.4% | N/A |
10 Yr | 4.2%* | 0.9% | 7.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | UMUHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -3.7% | 4.2% | N/A |
2022 | N/A | 0.0% | 9.8% | N/A |
2021 | N/A | -4.6% | 0.8% | N/A |
2020 | N/A | -2.0% | 5.3% | N/A |
2019 | N/A | 3.6% | 83.0% | N/A |
UMUHX - Holdings
Concentration Analysis
UMUHX | Category Low | Category High | UMUHX % Rank | |
---|---|---|---|---|
Net Assets | 710 M | 45.3 M | 20.1 B | N/A |
Number of Holdings | 243 | 42 | 3456 | N/A |
Net Assets in Top 10 | 97.2 M | 17.4 M | 2.16 B | N/A |
Weighting of Top 10 | 13.70% | 4.3% | 39.1% | N/A |
Top 10 Holdings
- Virginia Small Busn Fing A Rev Bds 5.5% 1.73%
- Grand Parkway Transn Corp Tex Toll 5.5% 1.61%
- Texas Private Activity Bd Surf Sr 6.875% 1.50%
- Illinois Fin Auth 8% 1.45%
- Alabama Econ Settlement Au Rev Bds 4% 1.34%
- Tobacco Settlement Fing Corp N Asset 5% 1.34%
- Arizona Health Facs Auth 1.945% 1.27%
- Central Plains Engy Proj Neb Gas P 5.25% 1.27%
- Lower Ala Gas Proj Rev Proj 5% 1.11%
- Michigan Tob Settlement Fin Au To 6.875% 1.08%
Asset Allocation
Weighting | Return Low | Return High | UMUHX % Rank | |
---|---|---|---|---|
Bonds | 97.56% | 83.56% | 103.81% | N/A |
Other | 1.53% | 0.00% | 1.16% | N/A |
Cash | 0.91% | -3.81% | 16.44% | N/A |
Stocks | 0.00% | 0.00% | 0.42% | N/A |
Preferred Stocks | 0.00% | 0.00% | 0.42% | N/A |
Convertible Bonds | 0.00% | 0.00% | 0.01% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | UMUHX % Rank | |
---|---|---|---|---|
Municipal | 97.23% | 91.08% | 102.60% | N/A |
Cash & Equivalents | 0.91% | -3.28% | 16.44% | N/A |
Corporate | 0.33% | 0.00% | 2.78% | N/A |
Derivative | 0.00% | -0.12% | 0.05% | N/A |
Securitized | 0.00% | 0.00% | 0.02% | N/A |
Government | 0.00% | -7.61% | 4.74% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | UMUHX % Rank | |
---|---|---|---|---|
US | 97.56% | 76.76% | 100.08% | N/A |
Non US | 0.00% | 0.00% | 13.09% | N/A |
UMUHX - Expenses
Operational Fees
UMUHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.89% | 0.27% | 1.97% | N/A |
Management Fee | 0.52% | 0.26% | 0.75% | N/A |
12b-1 Fee | 0.25% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.00% | 0.01% | 0.35% | N/A |
Sales Fees
UMUHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.25% | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 0.60% | 5.50% | N/A |
Trading Fees
UMUHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | 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.
UMUHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 9.00% | 8.00% | 119.00% | N/A |
UMUHX - Distributions
Dividend Yield Analysis
UMUHX | Category Low | Category High | UMUHX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.01% | 5.19% | N/A |
Dividend Distribution Analysis
UMUHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
UMUHX | Category Low | Category High | UMUHX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.29% | 1.46% | 5.40% | N/A |
Capital Gain Distribution Analysis
UMUHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 26, 2018 | $0.015 | |
Dec 29, 2017 | $0.021 | |
Nov 27, 2017 | $0.016 | |
Oct 27, 2017 | $0.017 | |
Sep 27, 2017 | $0.013 | |
Aug 25, 2017 | $0.013 | |
Jul 27, 2017 | $0.017 | |
Jun 27, 2017 | $0.017 | |
May 26, 2017 | $0.019 | |
Apr 27, 2017 | $0.019 | |
Mar 27, 2017 | $0.019 | |
Feb 27, 2017 | $0.018 | |
Jan 27, 2017 | $0.016 | |
Dec 30, 2016 | $0.020 | |
Nov 25, 2016 | $0.019 | |
Oct 27, 2016 | $0.018 | |
Sep 27, 2016 | $0.018 | |
Aug 26, 2016 | $0.019 | |
Jul 27, 2016 | $0.018 | |
Jun 27, 2016 | $0.017 | |
May 27, 2016 | $0.020 | |
Apr 27, 2016 | $0.019 | |
Mar 24, 2016 | $0.016 | |
Feb 26, 2016 | $0.019 | |
Jan 27, 2016 | $0.014 | |
Dec 31, 2015 | $0.020 | |
Nov 27, 2015 | $0.020 | |
Oct 27, 2015 | $0.018 | |
Sep 25, 2015 | $0.019 | |
Aug 27, 2015 | $0.018 | |
Jul 27, 2015 | $0.017 | |
Jun 26, 2015 | $0.018 | |
May 27, 2015 | $0.017 | |
Apr 27, 2015 | $0.016 | |
Mar 27, 2015 | $0.016 | |
Feb 27, 2015 | $0.019 | |
Jan 27, 2015 | $0.016 | |
Dec 31, 2014 | $0.020 | |
Nov 26, 2014 | $0.019 | |
Oct 27, 2014 | $0.019 | |
Sep 26, 2014 | $0.020 | |
Aug 27, 2014 | $0.022 | |
Jul 25, 2014 | $0.018 | |
Jun 27, 2014 | $0.022 | |
May 27, 2014 | $0.020 | |
Apr 25, 2014 | $0.021 | |
Mar 27, 2014 | $0.019 | |
Feb 27, 2014 | $0.021 | |
Jan 27, 2014 | $0.017 | |
Dec 31, 2013 | $0.023 | |
Nov 27, 2013 | $0.021 | |
Oct 25, 2013 | $0.018 | |
Sep 27, 2013 | $0.022 | |
Aug 27, 2013 | $0.020 | |
Jul 26, 2013 | $0.021 | |
Jun 27, 2013 | $0.020 | |
May 24, 2013 | $0.017 | |
Apr 26, 2013 | $0.019 | |
Mar 27, 2013 | $0.017 | |
Feb 27, 2013 | $0.018 | |
Jan 25, 2013 | $0.016 | |
Dec 31, 2012 | $0.022 | |
Nov 27, 2012 | $0.018 | |
Oct 26, 2012 | $0.019 | |
Sep 27, 2012 | $0.019 | |
Aug 27, 2012 | $0.020 | |
Jul 27, 2012 | $0.021 | |
Jun 27, 2012 | $0.020 | |
May 25, 2012 | $0.019 | |
Apr 27, 2012 | $0.021 | |
Mar 27, 2012 | $0.018 | |
Feb 27, 2012 | $0.020 | |
Jan 27, 2012 | $0.019 | |
Dec 30, 2011 | $0.025 | |
Nov 25, 2011 | $0.022 | |
Oct 27, 2011 | $0.021 | |
Sep 27, 2011 | $0.021 | |
Aug 26, 2011 | $0.023 | |
Jul 27, 2011 | $0.021 | |
Jun 27, 2011 | $0.020 | |
May 27, 2011 | $0.023 | |
Apr 27, 2011 | $0.022 | |
Mar 25, 2011 | $0.020 | |
Feb 25, 2011 | $0.030 | |
Jan 27, 2011 | $0.018 | |
Dec 31, 2010 | $0.025 | |
Nov 26, 2010 | $0.022 | |
Oct 27, 2010 | $0.021 | |
Sep 27, 2010 | $0.021 | |
Aug 27, 2010 | $0.023 | |
Jul 27, 2010 | $0.020 | |
Jun 25, 2010 | $0.024 | |
May 27, 2010 | $0.022 | |
Apr 27, 2010 | $0.022 | |
Mar 26, 2010 | $0.021 | |
Feb 26, 2010 | $0.023 | |
Jan 27, 2010 | $0.017 | |
Dec 31, 2009 | $0.026 | |
Nov 27, 2009 | $0.024 | |
Oct 27, 2009 | $0.021 | |
Sep 25, 2009 | $0.022 | |
Aug 27, 2009 | $0.022 | |
Jul 27, 2009 | $0.021 | |
Jun 26, 2009 | $0.023 | |
May 27, 2009 | $0.021 | |
Apr 27, 2009 | $0.021 | |
Mar 27, 2009 | $0.019 | |
Feb 27, 2009 | $0.023 | |
Jan 27, 2009 | $0.018 | |
Dec 31, 2008 | $0.024 | |
Nov 26, 2008 | $0.019 | |
Oct 27, 2008 | $0.020 | |
Sep 26, 2008 | $0.022 | |
Aug 27, 2008 | $0.021 | |
Jul 25, 2008 | $0.018 | |
Jun 27, 2008 | $0.021 | |
May 27, 2008 | $0.019 | |
Apr 25, 2008 | $0.020 | |
Mar 27, 2008 | $0.018 | |
Feb 27, 2008 | $0.020 | |
Jan 25, 2008 | $0.017 | |
Dec 31, 2007 | $0.023 | |
Nov 27, 2007 | $0.021 | |
Oct 26, 2007 | $0.020 | |
Sep 27, 2007 | $0.020 | |
Aug 27, 2007 | $0.019 | |
Jul 27, 2007 | $0.020 | |
Jun 27, 2007 | $0.019 | |
May 25, 2007 | $0.019 | |
Apr 27, 2007 | $0.020 | |
Mar 27, 2007 | $0.018 | |
Feb 27, 2007 | $0.020 | |
Jan 26, 2007 | $0.017 | |
Dec 29, 2006 | $0.024 | |
Nov 27, 2006 | $0.019 | |
Oct 27, 2006 | $0.021 | |
Sep 27, 2006 | $0.014 | |
Aug 25, 2006 | $0.020 | |
Jul 27, 2006 | $0.020 | |
Jun 27, 2006 | $0.019 | |
May 26, 2006 | $0.022 | |
Apr 27, 2006 | $0.021 | |
Mar 27, 2006 | $0.019 | |
Feb 27, 2006 | $0.020 | |
Jan 27, 2006 | $0.019 | |
Nov 25, 2005 | $0.021 | |
Oct 27, 2005 | $0.020 | |
Sep 27, 2005 | $0.020 | |
Aug 26, 2005 | $0.022 | |
Jul 27, 2005 | $0.020 | |
Jun 27, 2005 | $0.019 | |
May 27, 2005 | $0.022 | |
Apr 27, 2005 | $0.022 | |
Mar 24, 2005 | $0.023 | |
Feb 25, 2005 | $0.022 | |
Jan 27, 2005 | $0.017 | |
Dec 31, 2004 | $0.025 | |
Nov 26, 2004 | $0.022 | |
Oct 27, 2004 | $0.021 | |
Sep 27, 2004 | $0.021 | |
Aug 27, 2004 | $0.023 | |
Jul 27, 2004 | $0.022 | |
Jun 25, 2004 | $0.022 | |
May 27, 2004 | $0.022 | |
Apr 27, 2004 | $0.021 | |
Mar 26, 2004 | $0.021 | |
Feb 27, 2004 | $0.025 | |
Jan 27, 2004 | $0.019 | |
Dec 31, 2003 | $0.025 | |
Nov 26, 2003 | $0.022 | |
Oct 27, 2003 | $0.021 | |
Aug 27, 2003 | $0.023 | |
Jul 25, 2003 | $0.020 | |
Jun 27, 2003 | $0.023 | |
May 27, 2003 | $0.021 | |
Apr 25, 2003 | $0.022 | |
Mar 27, 2003 | $0.021 | |
Feb 27, 2003 | $0.023 | |
Jan 27, 2003 | $0.019 | |
Dec 31, 2002 | $0.025 | |
Nov 27, 2002 | $0.024 | |
Oct 25, 2002 | $0.020 | |
Sep 27, 2002 | $0.026 | |
Aug 27, 2002 | $0.022 | |
Jul 26, 2002 | $0.022 | |
Jun 27, 2002 | $0.022 | |
May 24, 2002 | $0.021 | |
Apr 26, 2002 | $0.023 | |
Mar 27, 2002 | $0.020 | |
Feb 27, 2002 | $0.022 | |
Jan 25, 2002 | $0.019 | |
Dec 31, 2001 | $0.025 | |
Nov 27, 2001 | $0.022 | |
Oct 26, 2001 | $0.022 | |
Sep 27, 2001 | $0.022 | |
Aug 27, 2001 | $0.021 | |
Jul 27, 2001 | $0.023 | |
Jun 27, 2001 | $0.022 | |
May 25, 2001 | $0.022 | |
Apr 27, 2001 | $0.025 | |
Mar 27, 2001 | $0.020 | |
Feb 27, 2001 | $0.023 | |
Jan 26, 2001 | $0.021 | |
Dec 29, 2000 | $0.028 | |
Nov 27, 2000 | $0.023 | |
Oct 27, 2000 | $0.026 | |
Sep 27, 2000 | $0.025 |
UMUHX - Fund Manager Analysis
Managers
Michael J. Walls
Start Date
Tenure
Tenure Rank
Aug 15, 2008
9.55
9.6%
Mr. Walls is Senior Vice President of WRIMCO and IICO, Vice President of the Trust, and Vice President of and portfolio manager for another investment company for which IICO serves as investment manager. He has served as a portfolio manager with IICO since March 2007, and has been an employee of WRIMCO since March 1999, joining the company as an investment analyst. He earned a BA in economics and German from Denison University, and an MBA with an emphasis in finance from Xavier University. Mr. Walls holds a Certificate of General Insurance.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 30.52 | 8.56 | 6.41 |