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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Waddell & Reed Advisor Municipal High-Income Fund

WBMHX |

-

$710 M

-

1.92%

Vitals

YTD Return

N/A

1 yr return

2.7%

3 Yr Avg Return

1.3%

5 Yr Avg Return

2.2%

Net Assets

$710 M

Holdings in Top 10

13.7%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.92%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 9.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$750

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Waddell & Reed Advisor Municipal High-Income Fund

WBMHX |

-

$710 M

-

1.92%

WBMHX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Waddell & Reed Advisor Municipal High-Income Fund
  • Fund Family Name
    Waddell & Reed
  • Inception Date
    Oct 05, 1999
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

WBMHX - Performance

Return Ranking - Trailing

Period WBMHX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 1.7% 7.2% N/A
1 Yr 2.7% -0.2% 6.1% N/A
3 Yr 1.3%* -2.1% 1.8% N/A
5 Yr 2.2%* -0.2% 2.3% N/A
10 Yr 3.7%* 0.9% 6.5% N/A

* Annualized

Return Ranking - Calendar

Period WBMHX 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 WBMHX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 1.7% 7.2% N/A
1 Yr -2.3% -0.2% 6.9% N/A
3 Yr 0.4%* -2.1% 3.1% N/A
5 Yr 1.8%* -0.2% 5.4% N/A
10 Yr 3.7%* 0.9% 7.2% N/A

* Annualized

Total Return Ranking - Calendar

Period WBMHX 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

WBMHX - Holdings

Concentration Analysis

WBMHX Category Low Category High WBMHX % 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

  1. Virginia Small Busn Fing A Rev Bds 5.5% 1.73%
  2. Grand Parkway Transn Corp Tex Toll 5.5% 1.61%
  3. Texas Private Activity Bd Surf Sr 6.875% 1.50%
  4. Illinois Fin Auth 8% 1.45%
  5. Alabama Econ Settlement Au Rev Bds 4% 1.34%
  6. Tobacco Settlement Fing Corp N Asset 5% 1.34%
  7. Arizona Health Facs Auth 1.945% 1.27%
  8. Central Plains Engy Proj Neb Gas P 5.25% 1.27%
  9. Lower Ala Gas Proj Rev Proj 5% 1.11%
  10. Michigan Tob Settlement Fin Au To 6.875% 1.08%

Asset Allocation

Weighting Return Low Return High WBMHX % 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 WBMHX % 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 WBMHX % Rank
US 		97.56% 76.76% 100.08% N/A
Non US 		0.00% 0.00% 13.09% N/A

WBMHX - Expenses

Operational Fees

WBMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.92% 0.27% 1.97% N/A
Management Fee 0.52% 0.26% 0.75% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee 0.00% 0.01% 0.35% N/A

Sales Fees

WBMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load 5.00% 0.60% 5.50% N/A

Trading Fees

WBMHX 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.

WBMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 8.00% 119.00% N/A

WBMHX - Distributions

Dividend Yield Analysis

WBMHX Category Low Category High WBMHX % Rank
Dividend Yield 0.00% 0.01% 5.19% N/A

Dividend Distribution Analysis

WBMHX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

WBMHX Category Low Category High WBMHX % Rank
Net Income Ratio 3.36% 1.46% 5.40% N/A

Capital Gain Distribution Analysis

WBMHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

WBMHX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 30.52 8.56 6.41

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