IASRX: Ivy Asset Strategy R

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IASRX Ivy Asset Strategy R


Profile

IASRX - Profile

Vitals

  • YTD Return -9.1%
  • 3 Yr Annualized Return -4.1%
  • 5 Yr Annualized Return -5.8%
  • Net Assets $2.37 B
  • Holdings in Top 10 25.5%

52 WEEK LOW AND HIGH

$19.47
$15.57
$22.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.47%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 52.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return -9.1%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return -0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.40%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Ivy Asset Strategy Fund
  • Fund Family Name
    Ivy Funds
  • Inception Date
    Jul 31, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chace Brundige

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Categories

Performance

IASRX - Performance

Return Ranking - Trailing

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.1% -28.1% 0.1% 54.01%
1 Yr -4.7% -22.6% 4.4% 47.33%
3 Yr -4.1%* -12.8% 2.9% 70.63%
5 Yr -5.8%* -9.5% 22.2% 91.82%
10 Yr -0.6%* -2.3% 12.9% 83.08%

* Annualized

Return Ranking - Calendar

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.8% -10.1% 25.8% 19.08%
2018 -20.9% -24.2% 0.0% 96.90%
2017 15.1% -2.9% 18.5% 15.32%
2016 -5.8% -17.0% 209.2% 95.04%
2015 -14.0% -19.9% -0.2% 89.09%

Total Return Ranking - Trailing

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.1% -28.1% 0.1% 54.01%
1 Yr -4.7% -22.6% 4.4% 47.33%
3 Yr 2.6%* -12.8% 3.8% 11.90%
5 Yr -0.7%* -9.5% 26.5% 69.09%
10 Yr 4.1%* -2.3% 17.1% 50.77%

* Annualized

Total Return Ranking - Calendar

Period IASRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.8% -10.1% 25.8% 19.08%
2018 -5.6% -24.2% 0.0% 25.58%
2017 18.0% 0.0% 20.3% 12.90%
2016 -5.8% -6.1% 216.9% 98.35%
2015 -8.7% -19.5% 3.5% 86.36%

NAV & Total Return History


Holdings

IASRX - Holdings

Concentration Analysis

IASRX Category Low Category High IASRX % Rank
Net Assets 2.37 B 4.45 M 7.54 B 8.57%
Number of Holdings 150 2 2187 50.71%
Net Assets in Top 10 562 M 5.25 M 8.83 B 30.00%
Weighting of Top 10 25.53% 10.8% 100.1% 87.69%

Top 10 Holdings

  1. Gold 6.97%
  2. Microsoft Corp 3.06%
  3. Taiwan Semiconductor Manufacturing Co Ltd 2.90%
  4. Walmart Inc 2.55%
  5. Visa Inc Class A 1.89%
  6. Adobe Inc 1.80%
  7. United States Treasury Bonds 2.75% 1.79%
  8. ORIX Corp 1.58%
  9. Subaru Corp 1.51%
  10. Fiserv Inc 1.49%

Asset Allocation

Weighting Return Low Return High IASRX % Rank
Stocks
62.03% 25.05% 78.35% 30.00%
Bonds
23.20% 0.00% 73.17% 84.29%
Other
6.97% -1.30% 55.66% 32.14%
Cash
4.29% -38.15% 7.58% 22.86%
Convertible Bonds
3.50% 0.00% 18.81% 7.14%
Preferred Stocks
0.00% 0.00% 19.01% 92.14%

Stock Sector Breakdown

Weighting Return Low Return High IASRX % Rank
Technology
26.14% 0.36% 26.14% 5.00%
Financial Services
16.96% 0.00% 27.56% 42.86%
Industrials
15.96% 3.26% 15.96% 5.00%
Consumer Cyclical
12.05% 0.00% 14.77% 35.71%
Consumer Defense
11.64% 2.44% 11.64% 5.00%
Healthcare
10.86% 0.00% 24.97% 31.43%
Energy
2.34% 0.67% 16.55% 90.00%
Utilities
2.04% 0.00% 22.77% 86.43%
Basic Materials
2.02% 0.63% 15.64% 83.57%
Real Estate
0.00% 0.00% 56.07% 97.86%
Communication Services
0.00% 0.00% 14.94% 97.14%

Stock Geographic Breakdown

Weighting Return Low Return High IASRX % Rank
Non US
31.29% 1.38% 76.81% 38.57%
US
30.74% 0.30% 48.71% 36.43%

Bond Sector Breakdown

Weighting Return Low Return High IASRX % Rank
Corporate
58.14% 0.00% 97.74% 17.14%
Government
19.16% 0.00% 100.00% 76.43%
Cash & Equivalents
13.85% 0.00% 100.00% 37.86%
Securitized
8.86% 0.00% 32.19% 50.71%
Derivative
0.00% -0.04% 36.68% 90.71%
Municipal
0.00% 0.00% 4.32% 81.43%

Bond Geographic Breakdown

Weighting Return Low Return High IASRX % Rank
US
16.63% -2.51% 63.30% 78.57%
Non US
6.57% 0.00% 54.52% 73.57%

Expenses

IASRX - Expenses

Operational Fees

IASRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.47% 0.01% 3.83% 28.26%
Management Fee 0.64% 0.00% 1.20% 49.29%
12b-1 Fee 0.50% 0.00% 1.00% 65.48%
Administrative Fee N/A 0.00% 0.40% 3.67%

Sales Fees

IASRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

IASRX 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.

IASRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 4.00% 155.00% 60.74%

Distributions

IASRX - Distributions

Dividend Yield Analysis

IASRX Category Low Category High IASRX % Rank
Dividend Yield 0.00% 0.00% 16.73% 75.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

IASRX Category Low Category High IASRX % Rank
Net Income Ratio 1.40% -1.48% 7.22% 73.19%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

IASRX - Fund Manager Analysis

Managers

Chace Brundige


Start Date

Tenure

Tenure Rank

Aug 04, 2014

5.74

5.7%

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.

W. Surles


Start Date

Tenure

Tenure Rank

Feb 06, 2018

2.23

2.2%

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
0.16 23.65 4.88 4.17