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Waddell & Reed New Concepts Y (UNEYX) Fund Ranking and Research

Ranking, Research and Recommendation of Waddell & Reed New Concepts Y (UNEYX) Fund

    Last Trade: $11.71 on 5/26/2017, Change: +0.00 (0%)

 

Graph of Waddell & Reed New Concepts Y Fund (UNEYX) ManagerFund Manager - Kimberly A. Scott

Fund Manager Information

Fund Manager Tenure: 16.3 years
Similar Funds: UNEBX  UNECX 
Fund Family: Waddell & Reed
Fund Category: Mid-Cap Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.52)     (What does this score mean?)
Honorable Mentioning: Lipper Awards (2011),
Scott is vice president with Waddell & Reed Investment Management Co, which she joined in April 1999 as an investment analyst. She worked previously as an equity analyst at Bartlett & Company from 1994 through 1999. She served as an investment analyst with WRIMCO from April 1999 to February 2001. Scott holds the Chartered Financial Analyst designation.  Get more insights on Kimberly A. Scott

 

Graph of Waddell & Reed New Concepts Y Fund (UNEYX) ProfileWaddell & Reed New Concepts Y Fund (UNEYX) Profile

Fund Profile and Description

Waddell & Reed New Concepts Y Fund seeks growth of investment. Waddell & Reed New Concepts Y Fund invests primarily in common stocks of mid-cap companies that investment manager believes offer above-average growth potential. Mid-cap companies typically are companies with market capitalizations that may range between $1 billion and $10 billion.

 

Waddell & Reed New Concepts Y (UNEYX) Fund Strength What we like about Waddell & Reed New Concepts Y (UNEYX) Fund

Data for Waddell & Reed New Concepts Y Fund (UNEYX) as of May 30, 2016

  • Waddell & Reed New Concepts Y Fund (UNEYX) management has been with Waddell & Reed New Concepts Y Fund for 16.3 years
  • Waddell & Reed New Concepts Y Fund (UNEYX) ratio of up-years vs down years is greater than 2
  • Waddell & Reed New Concepts Y Fund (UNEYX) has a Morningstar rating of 4 and above
  • Asset base in Waddell & Reed New Concepts Y Fund (UNEYX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Waddell & Reed New Concepts Y Fund (UNEYX) has an annual stock turnover rate of 33.00% vs Mid-Cap Growth average of 50.96%. It is good that Waddell & Reed New Concepts Y management does not trade extensively for its return.
  • Waddell & Reed New Concepts Y Fund (UNEYX) is less volatile than its peers as it has a 3-year Standard Deviation of 12.86, lower than category average of 13.49
  • Waddell & Reed New Concepts Y Fund (UNEYX) has a lower expense ratio than its Mid-Cap Growth average: 1.01% vs 1.28%
  • Waddell & Reed New Concepts Y Fund (UNEYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Waddell & Reed New Concepts Y Fund (UNEYX) Weakness What we are cautious about Waddell & Reed New Concepts Y (UNEYX) Fund

Data for Waddell & Reed New Concepts Y Fund (UNEYX) as of May 30, 2016

  • Waddell & Reed New Concepts Y Fund (UNEYX) has a less-than-ideal short-term performance (1-year return -7.27% vs -5.73% Mid-Cap Growth category median performance)
  • Waddell & Reed New Concepts Y Fund (UNEYX) has a less-than-ideal mid-term performance (3-year return 7.14% vs 8.38% Mid-Cap Growth category median performance)
  • Waddell & Reed New Concepts Y Fund (UNEYX) has a less-than-ideal Long-term performance (5-year return 7.18% vs 7.70% Mid-Cap Growth category median performance)
  • Waddell & Reed New Concepts Y Fund (UNEYX) is less safe compared to its Mid-Cap Growth peers
See Waddell & Reed New Concepts Y Fund (UNEYX) performance details as of May 30, 2016

 

What do you think?

 

Compare Waddell & Reed New Concepts Y Fund (UNEYX)Compare with other top Mid-Cap Growth category mutual funds

Aadditional top Mid-Cap Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Waddell & Reed New Concepts Y2.83-7.277.147.18
Akre Focus Instl (AKRIX)3.591.8011.1515.02Compare
Baron Asset Instl (BARIX)1.54-1.9810.2810.08Compare
Bright Rock Mid Cap Growth Instl (BQMGX)8.534.539.875.79Compare

See top fund managers for Mid-Cap Growth Category Funds

 

Compare Waddell & Reed New Concepts Y Fund (UNEYX)Compare with Mid-Cap Growth category ETFs

Some Mid-Cap Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
Guggenheim S&P MidCap 400 Pure Gr ETF (RFG)000
PowerShares Russell Midcap Pure Gr ETF (PXMG)-0.83%-6.85%5.24%
RevenueShares NavellierOverall A-100 ETF (RWV)1.16%-5.74%7.25%
iShares Morningstar Mid-Cap Growth (JKH)1.51%-5.25%9.06%
Vanguard Mid-Cap Growth ETF (VOT)3.05%-4.02%9.94%

 

Graph of Waddell & Reed New Concepts Y Fund (UNEYX) Net Asset TrackingWaddell & Reed New Concepts Y (UNEYX) Fund Net Asset

Track net asset change of Waddell & Reed New Concepts Y fund (UNEYX)

DateNet Asset
05/2016$1.66B
03/2016$1.54B
02/2016$1.53B
More historic net asset information on Waddell & Reed New Concepts Y Fund (UNEYX)

  

Graph of Waddell & Reed New Concepts Y Fund (UNEYX) Portfolio TrackingWaddell & Reed New Concepts Y (UNEYX) Fund Portfolio Allocation

Track portfolio allocation change of Waddell & Reed New Concepts Y fund (UNEYX)

DateCashStockBondOther
03/20160%98.09%0.01%1.91%
12/20150.29%98.37%0.02%1.32%
09/20150%99.13%0.16%0.72%
Click here to see more historic asset allocation information on Waddell & Reed New Concepts Y Fund (UNEYX)

 

graph of Waddell & Reed New Concepts Y Fund (UNEYX) Top 10 Position TrackingTop 10 Holdings in Waddell & Reed New Concepts Y (UNEYX) Fund

Discover what Waddell & Reed New Concepts Y Fund (UNEYX) manager is buying

Mar 30, 2016
Fastenal Company [3.56%]
Intuitive Surgical, Inc. [2.99%]
Zoetis Inc. Class A Common Stoc [2.95%]
Electronic Arts Inc. [2.78%]
Microchip Technology Incorporat [2.73%]
CME Group Inc. [2.67%]
Mead Johnson Nutrition Company [2.57%]
Fortune Brands Home & Security, [2.51%]
Northern Trust Corporation [2.42%]
CoStar Group, Inc. [2.41%]

Dec 30, 2015
Electronic Arts Inc. [3.13%]
Zoetis Inc. Class A Common Stoc [3.11%]
Intuitive Surgical, Inc. [3.07%]
Northern Trust Corporation [2.96%]
Fastenal Company [2.72%]
Fortune Brands Home & Security, [2.63%]
CoStar Group, Inc. [2.59%]
Microchip Technology Incorporat [2.58%]
CME Group Inc. [2.57%]
Signature Bank [2.44%]

Sep 29, 2015
Northern Trust Corporation [2.91%]
Pandora Media, Inc. Common Stoc [2.81%]
Intuitive Surgical, Inc. [2.77%]
Electronic Arts Inc. [2.72%]
Fortune Brands Home & Security, [2.5%]
CME Group Inc. [2.49%]
Microchip Technology Incorporat [2.45%]
Signature Bank [2.44%]
Zoetis Inc. Class A Common Stoc [2.39%]
FIRST REPUBLIC BANK Common Stoc [2.24%]
Click here for Stock Holding Change Map in Waddell & Reed New Concepts Y Fund (UNEYX)

  

Latest News on Waddell & Reed New Concepts Y (UNEYX) Fund

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