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Trending ETFs

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

-

$1.03 B

0.00%

0.60%

Vitals

YTD Return

-5.1%

1 yr return

-3.2%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$1.03 B

Holdings in Top 10

73.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.60%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 36.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

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

-

$1.03 B

0.00%

0.60%

IWGRX - Profile

Distributions

  • YTD Total Return -5.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.74%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Ivy Wilshire Global Allocation Fund
  • Fund Family Name
    Ivy Funds
  • Inception Date
    Feb 26, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Delaware Ivy Wilshire Global Allocation Fund is a fund-of-funds that seeks to achieve its objective primarily by allocating its assets among a diverse group of affiliated equity and fixed-income mutual funds.

The Fund invests primarily in mutual funds that are series of the Delaware Funds (each such fund is an “Underlying Affiliated Fund”). Each Underlying Affiliated Fund, in turn, invests in a diversified portfolio of securities from one or more of the following asset classes: domestic equity securities, foreign equity securities (from issuers in both developed and emerging markets) and bonds (both investment grade and high-yield (junk bonds)) issued by domestic and foreign corporations and governments. The Fund invests in Underlying Affiliated Funds that utilize a variety of growth or income investment strategies to seek to achieve their respective objectives. The Underlying Affiliated Funds of the Trust are managed by the Manager.

Under normal circumstances, the Fund’s “policy” asset mix is 65% invested in equities and 35% invested in fixed-income. However, at any given time, the Fund’s permissible ranges are 45% to 85% invested in equities and 15% to 55% invested in fixed-income.

Wilshire Advisors LLC, the Fund’s sub-advisor (Wilshire), allocates certain of the Fund’s assets among the Underlying Affiliated Funds using a methodology designed to provide exposure to a broad array of asset classes and investment strategies. Within the permissible ranges, Wilshire establishes a “target” allocation for each asset class based on each Underlying Affiliated Funds’ investment style and dynamically allocates and repositions the amount of the Fund’s assets invested in the Underlying Affiliated Funds over time based upon market and economic conditions.

Through its investments in the Underlying Affiliated Funds, the Fund will invest, under normal circumstances, at least 40% of its assets in foreign investments.

The Manager develops the universe of Underlying Affiliated Funds that Wilshire may consider when making allocation decisions. Wilshire monitors the Fund’s holdings and cash flow and, in general, manages them as needed in order to maintain the Fund’s target allocations. Wilshire does not intend to trade actively among the Underlying Affiliated Funds nor does it intend to attempt to capture short-term market opportunities. However, in seeking to enhance performance, Wilshire may change target allocations within the permissible ranges at any time. Wilshire may modify the above-specified target asset allocations for the Fund and also may modify, from time to time, the Underlying Affiliated Funds selected for the Fund. In addition, from time to time Wilshire or market movements (or a combination of both) may cause the Fund’s investment to temporarily vary from its target percentage. Wilshire will consider rebalancing the Fund’s assets at least quarterly; however, it may rebalance the assets at any time that, in Wilshire’s judgment, a rebalance is necessary, particularly if movements in the market and portfolio activity shift the Fund near the permissible allocation ranges.

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IWGRX - Performance

Return Ranking - Trailing

Period IWGRX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.1% -8.9% 14.9% 82.50%
1 Yr -3.2% -13.9% 8.4% 80.00%
3 Yr N/A* -6.4% 2.5% 15.45%
5 Yr N/A* -4.0% 4.2% 44.07%
10 Yr N/A* -2.0% 4.4% 46.43%

* Annualized

Return Ranking - Calendar

Period IWGRX Return Category Return Low Category Return High Rank in Category (%)
2023 13.2% 0.6% 15.6% 22.50%
2022 N/A -19.6% -0.3% N/A
2021 N/A -0.6% 16.9% N/A
2020 N/A -7.7% 14.4% N/A
2019 N/A -17.8% 0.8% N/A

Total Return Ranking - Trailing

Period IWGRX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.1% -8.9% 14.9% 82.50%
1 Yr -3.2% -13.9% 8.4% 80.00%
3 Yr N/A* -4.3% 2.5% 17.07%
5 Yr N/A* -2.2% 4.6% 63.56%
10 Yr N/A* 0.4% 4.4% 65.48%

* Annualized

Total Return Ranking - Calendar

Period IWGRX Return Category Return Low Category Return High Rank in Category (%)
2023 13.2% 0.6% 15.6% 22.50%
2022 N/A -19.5% 1.9% N/A
2021 N/A 0.8% 16.9% N/A
2020 N/A -0.2% 14.4% N/A
2019 N/A -17.8% 6.2% N/A

IWGRX - Holdings

Concentration Analysis

IWGRX Category Low Category High IWGRX % Rank
Net Assets 1.03 B 3.45 M 13.4 B 35.00%
Number of Holdings 27 2 449 46.15%
Net Assets in Top 10 690 M 2.89 M 2.71 B 35.90%
Weighting of Top 10 73.53% 16.5% 100.0% 33.33%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High IWGRX % Rank
Stocks
64.85% 0.00% 65.88% 12.82%
Bonds
29.21% 10.64% 76.93% 53.85%
Cash
5.42% 5.42% 64.76% 97.44%
Other
0.26% 0.00% 49.12% 51.28%
Convertible Bonds
0.24% 0.00% 4.08% 17.95%
Preferred Stocks
0.02% 0.00% 1.73% 41.03%

Stock Sector Breakdown

Weighting Return Low Return High IWGRX % Rank
Financial Services
15.73% 0.00% 18.31% 45.16%
Industrials
13.34% 3.36% 13.34% 3.23%
Technology
12.82% 9.94% 24.23% 87.10%
Consumer Cyclical
11.42% 0.00% 14.01% 61.29%
Healthcare
10.67% 0.49% 27.78% 64.52%
Consumer Defense
8.94% 0.00% 13.14% 25.81%
Communication Services
6.98% 5.61% 20.14% 58.06%
Real Estate
6.52% 0.00% 25.32% 29.03%
Energy
6.10% 0.00% 16.02% 6.45%
Basic Materials
4.49% 3.67% 18.02% 67.74%
Utilities
3.00% 0.00% 10.96% 48.39%

Stock Geographic Breakdown

Weighting Return Low Return High IWGRX % Rank
Non US
33.17% 0.00% 73.98% 17.95%
US
31.68% -46.17% 36.07% 38.46%

Bond Sector Breakdown

Weighting Return Low Return High IWGRX % Rank
Government
36.37% 5.47% 82.27% 30.77%
Corporate
33.47% 0.00% 59.31% 28.21%
Securitized
15.23% 0.00% 17.47% 12.82%
Cash & Equivalents
14.25% 0.46% 81.13% 69.23%
Municipal
0.40% 0.00% 4.03% 17.95%
Derivative
0.28% 0.00% 44.93% 71.79%

Bond Geographic Breakdown

Weighting Return Low Return High IWGRX % Rank
US
23.30% 6.47% 45.30% 30.77%
Non US
5.91% -0.90% 69.87% 53.85%

IWGRX - Expenses

Operational Fees

IWGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.07% 3.83% 72.50%
Management Fee 0.05% 0.00% 1.15% 14.63%
12b-1 Fee 0.50% 0.00% 1.00% 72.41%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

IWGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

IWGRX 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.

IWGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 4.00% 212.00% 47.50%

IWGRX - Distributions

Dividend Yield Analysis

IWGRX Category Low Category High IWGRX % Rank
Dividend Yield 0.00% 0.00% 0.00% 26.83%

Dividend Distribution Analysis

IWGRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

IWGRX Category Low Category High IWGRX % Rank
Net Income Ratio 1.74% 0.21% 3.72% 60.00%

Capital Gain Distribution Analysis

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

Distributions History

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IWGRX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 29.84 7.63 26.73