Waddell & Reed Advs Wilshire Glb Allc C
Name
As of 02/26/2018Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$9.32 B
Holdings in Top 10
78.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.16%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/26/2018Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WCASX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.96%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameDelaware Ivy Wilshire Global Allocation Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateOct 05, 1999
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerF. Chace Brundige
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets (including amounts borrowed for investment purposes) in China A-shares (“China A-Shares” or “A-Shares”). China A-Shares are equity securities issued by companies located in the People’s Republic of China (“China or the “PRC”) that are denominated and traded in Renminbi (“RMB”) on the Shanghai Stock Exchange or the Shenzhen Stock Exchange. The Fund may invest in China A-Shares through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect programs (collectively, “Stock Connect”), or through the Qualified Foreign Institutional Investor and Renminbi Qualified Foreign Institutional Investor systems (collectively, the “QFII Programs”).
The Fund’s investments in equity securities may include, in addition to A-Shares, common stock, preferred stock, common stock that is offered in initial public offerings (“IPOs”), and depository receipts. The Fund’s investments in depository receipts may include American, European, Canadian and Global Depository Receipts (“ADRs”, “EDRs”, “CDRs” and “GDRs”, respectively). ADRs and CDRs are receipts that represent interests in foreign securities held on deposit by U.S. and Canadian banks or trust companies, respectively. EDRs and GDRs have the same qualities as ADRs, although they may be traded in several international trading markets. The Fund may also use participatory notes (commonly known as “P-notes”) issued by foreign banks or brokers evidencing ownership of underlying stock issued by a foreign company. P-notes are used by foreign investors to access local markets and to gain exposure to, primarily, equity securities of issuers listed on a local exchange. For purposes of the Fund’s 80% policy described above, P-notes are classified according to their underlying or referenced security.
The Fund’s advisor uses a bottom-up approach that seeks to identify companies believed to have above-average potential for growth in the rate of return on invested capital and assets. The advisor’s investment process seeks companies that are industry leaders with sustainable competitive advantages; corporate cultures emphasizing strong, quality and experienced management; low or no debt; and attractive relative valuations. In selecting securities, the Fund’s advisor also considers other factors including, among others, political risk, monetary policy risk, and regulatory risk. The Fund may invest in securities of any market capitalization. The Fund generally invests in companies in any sector; however, from time to time the Fund may invest a significant portion of its assets in the securities of companies in one or more sectors.
The Fund is classified as “non-diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”), which means that it may invest more of its assets in a smaller number of issuers than “diversified” funds.
WCASX - Performance
Return Ranking - Trailing
Period | WCASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -23.7% | 16.4% | N/A |
1 Yr | N/A | -8.9% | 48.3% | 75.11% |
3 Yr | N/A* | -2.2% | 16.4% | 58.57% |
5 Yr | N/A* | -0.7% | 13.4% | 70.09% |
10 Yr | N/A* | 0.9% | 11.8% | 84.96% |
* Annualized
Return Ranking - Calendar
Period | WCASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -40.8% | 20.6% | N/A |
2022 | N/A | -21.0% | 24.5% | N/A |
2021 | N/A | -24.2% | 27.8% | 0.25% |
2020 | N/A | -23.1% | 11.7% | 0.50% |
2019 | N/A | -100.0% | 20.6% | 71.12% |
Total Return Ranking - Trailing
Period | WCASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -23.7% | 16.4% | N/A |
1 Yr | N/A | -12.8% | 48.3% | 73.52% |
3 Yr | N/A* | -3.4% | 16.4% | 54.15% |
5 Yr | N/A* | -1.1% | 13.4% | 63.16% |
10 Yr | N/A* | 0.9% | 11.8% | 83.70% |
* Annualized
Total Return Ranking - Calendar
Period | WCASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -40.8% | 20.6% | N/A |
2022 | N/A | -21.0% | 24.5% | N/A |
2021 | N/A | -24.2% | 27.8% | 0.25% |
2020 | N/A | -23.1% | 11.7% | 0.50% |
2019 | N/A | -2.9% | 23.1% | 88.83% |
NAV & Total Return History
WCASX - Holdings
Concentration Analysis
WCASX | Category Low | Category High | WCASX % Rank | |
---|---|---|---|---|
Net Assets | 9.32 B | 1.12 M | 110 B | 39.52% |
Number of Holdings | 23 | 2 | 10961 | 83.09% |
Net Assets in Top 10 | 719 M | -31.7 M | 22 B | 24.84% |
Weighting of Top 10 | 78.04% | 10.8% | 100.0% | 20.84% |
Top 10 Holdings
- Delaware Ivy International Core Eq R6 12.56%
- Delaware Ivy Value R6 10.89%
- Delaware Ivy Large Cap Growth Fund R6 9.41%
- Delaware Ivy Securian Core Bond R6 9.26%
- Delaware Ivy Global Bond Fund Class R6 8.83%
- Delaware Ivy Systematic Em Mkts Eq R6 7.32%
- Delaware Ivy Core Equity Fund Class R6 5.76%
- Delaware Ivy S&P500DivAstcrIdxR6 5.20%
- Delaware Ivy Total Return Bd R6 4.91%
- Delaware Ivy International Val R6 3.90%
Asset Allocation
Weighting | Return Low | Return High | WCASX % Rank | |
---|---|---|---|---|
Stocks | 64.67% | -45.72% | 98.42% | 49.06% |
Bonds | 30.16% | -39.76% | 93.84% | 31.73% |
Cash | 4.31% | -97.12% | 185.58% | 49.48% |
Convertible Bonds | 0.67% | 0.00% | 25.49% | 38.62% |
Other | 0.15% | -1.25% | 197.12% | 94.78% |
Preferred Stocks | 0.05% | -0.03% | 14.00% | 46.97% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WCASX % Rank | |
---|---|---|---|---|
Technology | 17.28% | 0.00% | 39.48% | 48.62% |
Financial Services | 14.25% | 0.00% | 30.34% | 41.61% |
Industrials | 12.37% | 0.09% | 32.39% | 18.90% |
Healthcare | 11.62% | 0.00% | 30.30% | 41.61% |
Consumer Cyclical | 11.55% | 0.00% | 20.84% | 14.44% |
Consumer Defense | 8.77% | 0.00% | 31.85% | 24.84% |
Communication Services | 6.82% | 0.00% | 28.59% | 42.89% |
Real Estate | 6.51% | 0.00% | 90.14% | 49.04% |
Energy | 5.10% | 0.00% | 38.61% | 54.56% |
Basic Materials | 3.72% | 0.00% | 60.23% | 72.40% |
Utilities | 2.00% | 0.00% | 40.29% | 67.30% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WCASX % Rank | |
---|---|---|---|---|
US | 36.59% | -4.82% | 95.75% | 46.76% |
Non US | 28.08% | -46.69% | 57.06% | 39.67% |
Bond Sector Breakdown
Weighting | Return Low | Return High | WCASX % Rank | |
---|---|---|---|---|
Corporate | 40.26% | 0.00% | 99.90% | 30.48% |
Government | 30.50% | 0.00% | 98.64% | 46.97% |
Securitized | 14.28% | 0.00% | 83.28% | 29.02% |
Cash & Equivalents | 11.19% | 0.10% | 100.00% | 65.55% |
Derivative | 3.33% | 0.00% | 41.88% | 36.74% |
Municipal | 0.44% | 0.00% | 31.28% | 11.06% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | WCASX % Rank | |
---|---|---|---|---|
US | 20.78% | -177.12% | 87.76% | 21.50% |
Non US | 9.38% | -39.00% | 137.36% | 44.05% |
WCASX - Expenses
Operational Fees
WCASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.16% | 0.16% | 2.71% | 8.14% |
Management Fee | 0.06% | 0.00% | 1.70% | 8.57% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 94.82% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
WCASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.50% | 86.59% |
Trading Fees
WCASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
WCASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 0.00% | 441.00% | 10.05% |
WCASX - Distributions
Dividend Yield Analysis
WCASX | Category Low | Category High | WCASX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 10.92% | 89.60% |
Dividend Distribution Analysis
WCASX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Monthly |
Net Income Ratio Analysis
WCASX | Category Low | Category High | WCASX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.96% | -5.20% | 6.33% | 70.59% |
Capital Gain Distribution Analysis
WCASX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2017 | $0.069 | OrdinaryDividend |
Dec 13, 2012 | $0.109 | OrdinaryDividend |
Dec 08, 2011 | $0.029 | OrdinaryDividend |
Dec 09, 2010 | $0.024 | OrdinaryDividend |
Dec 16, 2004 | $0.005 | OrdinaryDividend |
Sep 16, 2004 | $0.007 | OrdinaryDividend |
Jun 17, 2004 | $0.009 | OrdinaryDividend |
Dec 12, 2002 | $0.014 | OrdinaryDividend |
Jun 13, 2002 | $0.007 | OrdinaryDividend |
Mar 14, 2002 | $0.007 | OrdinaryDividend |
Dec 13, 2001 | $0.030 | OrdinaryDividend |
Sep 20, 2001 | $0.025 | OrdinaryDividend |
Jun 14, 2001 | $0.016 | OrdinaryDividend |
Mar 15, 2001 | $0.016 | OrdinaryDividend |
WCASX - Fund Manager Analysis
Managers
F. Chace Brundige
Start Date
Tenure
Tenure Rank
Aug 04, 2014
7.83
7.8%
Mr. Brundige joined Ivy Investment Management Company as an assistant portfolio manager for the Large Cap Growth equity team, and became a portfolio manager in Feb. 2006. He is Senior Vice President of IICO, Vice President of the Trust, and Vice President of and portfolio manager for other investment companies for which IICO serves as investment manager. Mr. Brundige holds a BS degree in Finance from Kansas State University, and has earned an MBA with an emphasis in Finance and Accounting from the University of Chicago Graduate School of Business. Mr. Brundige is a Chartered Financial Analyst.
Nathan Palmer
Start Date
Tenure
Tenure Rank
Jan 31, 2018
4.33
4.3%
Nathan Palmer is a managing director of Wilshire Associates and heads Wilshire Funds Management’s Portfolio Management Group. Mr. Palmer has more than 20 years of industry experience and is responsible for creating multi-asset class, multi-manager investment solutions for financial intermediary clients. He is the Chair of Wilshire Funds Management’s Investment Committee and Retirement Oversight Committee. Prior to joining Wilshire Associates, Mr. Palmer provided investment advice to endowment, foundation, and family office clients at Convergent Wealth Advisors. Previously, he managed the public market investment portfolios for the endowment at the California Institute of Technology and for the defined benefit and defined contribution retirement assets at Intel Corporation. Mr. Palmer began his career as a securities analyst, where he published equity research on the technology, media, and telecom industries. Mr. Palmer graduated phi beta kappa and cum laude from the University of Washington with a BA in business administration. He holds an MBA with High Distinction from the Stern School of Business, New York University, graduating as an Armando John Garville Memorial Scholar. Mr. Palmer holds the Chartered Financial Analyst® designation and is an active member of CFA Institute and CFA Society Los Angeles.
Anthony Wicklund
Start Date
Tenure
Tenure Rank
Jan 31, 2018
4.33
4.3%
Tony Wicklund is a managing director of Wilshire Associates and a portfolio manager with Wilshire Funds Management. Mr. Wicklund has over 17 years of industry experience and is a portfolio manager for multi-manager portfolios, including target-risk, target-date, and alternative portfolios for a range of financial intermediary clients. Prior to joining Wilshire Associates in 2013, Mr. Wicklund was the director of risk management at Convergent Wealth Advisors, where he led the firm’s investment risk management and operational due diligence efforts. Additionally, he served as chairman of the firm’s Risk Management Oversight Committee and was a voting member of the Investment Committee. Previously, Mr. Wicklund was a senior analyst at Pacific Seafood where he evaluated acquisition targets, coordinated the integration of acquired companies, and performed internal operational audits and capital expenditure analyses. Mr. Wicklund earned his BS in business administration, with a concentration in finance from the University of Oregon. He also holds an MBA from the Marshall School of Business, University of Southern California, with a concentration in investments and financial markets. Mr. Wicklund holds the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations, and is a member of CFA Society Los Angeles, CFA Institute, and the CAIA Association.
W. Surles
Start Date
Tenure
Tenure Rank
Feb 06, 2018
4.32
4.3%
Jeff Surles is a Vice President of Ivy Investment Management Company, a subsidiary of Waddell & Reed Financial, Inc. Mr. Surles graduated from Vanderbilt University in 2000 with a BS in organizational development. He earned an MBA with emphasis in finance from the University of Wisconsin in 2007. While attending the University of Wisconsin he was actively involved in the Applied Security Analysis Program and completed an internship at Provident Trust Company. Prior to joining Waddell & Reed, Mr. Surles was employed by Surles Development Corp. as a portfolio manager from 2003 to 2005, and an investment analyst from 2001 to 2003. In the fall of 2000, he was a sales analyst for Enterprise Development Services, Inc. Mr. Surles joined Waddell & Reed in June 2007 as a fixed income investment analyst. He was appointed assistant vice president in January 2012. Mr. Surles was named co-portfolio manager of the Ivy Global Income Allocation Fund (formerly Ivy International Balanced Fund) in June 2012. Mr. Surles was appointed vice president and assumed sole management responsibilities for the Ivy Global Income Allocation Fund in 2014. Mr. Surles is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |