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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

-

$773 M

0.00%

1.18%

Vitals

YTD Return

-13.0%

1 yr return

-6.7%

3 Yr Avg Return

2.6%

5 Yr Avg Return

4.8%

Net Assets

$773 M

Holdings in Top 10

33.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.18%

SALES FEES

Front Load 2.50%

Deferred Load N/A

TRADING FEES

Turnover 25.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250

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

-

$773 M

0.00%

1.18%

IVOEX - Profile

Distributions

  • YTD Total Return -13.0%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 6.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.88%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Ivy Mid Cap Income Opportunities Fund
  • Fund Family Name
    Ivy Funds
  • Inception Date
    Oct 01, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Delaware Ivy Mid Cap Income Opportunities Fund seeks to achieve its objective by investing primarily in a diversified portfolio of income-producing common stocks of mid-capitalization companies that the Manager believes demonstrate favorable prospects for total return. Under normal circumstances, the Fund invests at least 80% of its net assets in the securities of mid-capitalization companies, which for purposes of this Fund, typically are companies with market capitalizations similar to those of issuers included in the Russell Midcap®Index over the last 13 months at the time of acquisition. As of June 30, 2022 (the quarter-end closest to the Index’s rebalance), this range of market capitalizations was between approximately [$925.30 million and $58.40 billion]. The Fund focuses primarily on mid-capitalization companies that the Manager believes have the ability to sustain, and potentially increase, dividends while providing capital appreciation over the long-term. The Fund also may invest, to a lesser extent, in companies that pay other types of income to shareholders, including return of capital.

In selecting securities for the Fund, the Manager primarily emphasizes a bottom-up (researching individual issuers) approach and may look at a number of factors in its consideration of a company, such as: competitive and sustainable dividend yield; potential growth in dividends; strong financial and operational capabilities; stable and consistent revenue, earnings, and cash flow; a sound balance sheet; market potential; profit potential and a proven track record of, or the potential for, returning capital to shareholders. Part of the Manager’s investment process also includes a review of the macroeconomic environment, with a focus on factors such as interest rates, inflation, consumer confidence and corporate spending.

The Fund typically will hold a limited number of stocks (generally 35 to 50). The Fund will emphasize investments in dividend-paying and other income-producing securities to seek to provide a steady return. The Fund’s portfolio holdings generally will be of approximate equal weight, but the Manager may adjust the weighting depending upon market conditions, for investment opportunities, or when the Manager adds or divests certain positions. The Manager intends to re-balance the Fund’s portfolio holdings at least quarterly in an effort to maintain an approximate equal weighting.

Generally, in determining whether to sell a security, the Manager uses the same type of analysis that it uses in buying securities of that type. For example, the Manager may sell a security if it believes the security is no longer able to pay a dividend in the future, no longer offers attractive current income prospects or significant growth potential or if there have been changes in economic or market factors in general or with respect to a particular industry or sector, changes in the market trends or other factors affecting an individual security. The Manager also may sell a security to rebalance the portfolio, to reduce the Fund’s holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash.

The Manager may permit its affiliates, Macquarie Investment Management Global Limited (MIMGL) and Macquarie Funds Management Hong Kong Limited, to execute Fund security trades on behalf of the Manager. The Manager may also seek quantitative support from MIMGL.

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IVOEX - Performance

Return Ranking - Trailing

Period IVOEX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.0% -31.2% 490.9% 14.13%
1 Yr -6.7% -92.8% 537.3% 6.99%
3 Yr 2.6%* -57.9% 76.9% 2.29%
5 Yr 4.8%* -39.4% 46.0% 4.21%
10 Yr N/A* -18.6% 9.2% N/A

* Annualized

Return Ranking - Calendar

Period IVOEX Return Category Return Low Category Return High Rank in Category (%)
2023 24.1% -92.4% 35.0% 39.24%
2022 -7.9% -36.8% -7.9% 0.56%
2021 10.6% -16.5% 19.3% 22.53%
2020 21.4% -14.6% 28.1% 8.65%
2019 -5.2% -36.5% 0.2% 13.76%

Total Return Ranking - Trailing

Period IVOEX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.0% -31.2% 490.9% 14.13%
1 Yr -6.7% -92.8% 537.3% 6.99%
3 Yr 4.3%* -57.7% 82.3% 1.15%
5 Yr 6.3%* -39.0% 48.7% 4.85%
10 Yr N/A* -18.4% 10.4% N/A

* Annualized

Total Return Ranking - Calendar

Period IVOEX Return Category Return Low Category Return High Rank in Category (%)
2023 24.1% -92.4% 35.0% 39.24%
2022 -4.3% -32.7% -4.1% 0.84%
2021 12.1% 0.5% 26.9% 57.10%
2020 22.5% -2.5% 29.0% 14.42%
2019 -3.5% -25.7% 5.0% 28.86%

IVOEX - Holdings

Concentration Analysis

IVOEX Category Low Category High IVOEX % Rank
Net Assets 773 M 708 K 18.4 B 42.89%
Number of Holdings 36 9 2446 95.53%
Net Assets in Top 10 203 M 157 K 2.63 B 43.95%
Weighting of Top 10 33.46% 5.9% 99.7% 12.37%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High IVOEX % Rank
Stocks
97.94% 81.07% 100.37% 56.05%
Cash
2.06% -0.37% 12.68% 44.21%
Preferred Stocks
0.00% 0.00% 1.66% 13.16%
Other
0.00% 0.00% 4.49% 14.47%
Convertible Bonds
0.00% 0.00% 0.02% 12.11%
Bonds
0.00% 0.00% 4.59% 15.79%

Stock Sector Breakdown

Weighting Return Low Return High IVOEX % Rank
Consumer Cyclical
24.09% 1.30% 26.20% 1.84%
Industrials
21.53% 0.00% 28.07% 10.26%
Financial Services
17.98% 0.00% 36.00% 50.53%
Technology
15.78% 0.00% 23.80% 7.37%
Basic Materials
6.82% 0.00% 21.15% 21.58%
Healthcare
6.00% 0.00% 26.85% 83.16%
Real Estate
2.48% 0.00% 19.27% 88.68%
Consumer Defense
2.34% 0.00% 24.76% 96.58%
Communication Services
2.03% 0.00% 22.88% 59.21%
Energy
0.94% 0.00% 17.69% 93.16%
Utilities
0.00% 0.00% 14.35% 89.74%

Stock Geographic Breakdown

Weighting Return Low Return High IVOEX % Rank
US
92.12% 80.50% 99.45% 77.11%
Non US
5.82% 0.00% 18.29% 23.16%

IVOEX - Expenses

Operational Fees

IVOEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.18% 0.05% 43.95% 47.55%
Management Fee 0.85% 0.00% 1.20% 90.00%
12b-1 Fee 0.25% 0.00% 1.00% 29.31%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

IVOEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 2.50% 5.75% 100.00%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

IVOEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

IVOEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 6.00% 204.00% 16.18%

IVOEX - Distributions

Dividend Yield Analysis

IVOEX Category Low Category High IVOEX % Rank
Dividend Yield 0.00% 0.00% 12.10% 14.74%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

IVOEX Category Low Category High IVOEX % Rank
Net Income Ratio 1.88% -0.89% 2.82% 10.34%

Capital Gain Distribution Analysis

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

Distributions History

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IVOEX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.84 7.95 9.18