Mutual Fund Insights: Waddell & Reed Energy B Fund (WEGBX)

In-depth Analysis of Waddell & Reed Energy B Fund (WEGBX)

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See Waddell & Reed Energy B Fund (WEGBX) performance details as of January 31, 2010

  

Last Trade: $11.08 on 3/12/2010, Change: +0.04 (0.36%)

  

Fund Manager - David P. Ginther

Fund Manager Tenure: 4.0 years   [Similar Funds: WEGAX  WEGCX  WEGYX ]
Fundmojo Fund Grade: A (Score: 0.75)     (What does this score mean?)

Ginther is vice president of Ivy Investment Management Company and Waddell & Reed Investment Management Company, vice president of Ivy Funds, Inc., and portfolio manager for other investment companies. Ginther has been an employee of WRIMCO since 1995. He is the Certified Public Accountant designation.  Get more insights on David P. Ginther

  

 What we like about Waddell & Reed Energy B Fund (WEGBX)

Data for Waddell & Reed Energy B Fund (WEGBX) as of January 31, 2010

• Waddell & Reed Energy B Fund (WEGBX) management has been with Waddell & Reed Energy B Fund for 4.0 years
• Waddell & Reed Energy B Fund (WEGBX) has good mid-term performance (3-year return 1.89% vs -0.93% Equity Energy category average)
• Waddell & Reed Energy B Fund (WEGBX) has a Morningstar rating of 4 and above
• Waddell & Reed Energy B Fund (WEGBX) has an annual stock turnover rate of 10.00% vs Equity Energy average of 105.19%. It is good that Waddell & Reed Energy B management does not trade extensively for its return.
• Waddell & Reed Energy B Fund (WEGBX) is less volatile than its peers as it has a 3-year Standard Deviation of 30.7, lower than category average of 34

  

 What we are cautious about Waddell & Reed Energy B Fund (WEGBX)

Data for Waddell & Reed Energy B Fund (WEGBX) as of January 31, 2010

• Waddell & Reed Energy B Fund is a focused fund with 33.60% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Waddell & Reed Energy B Fund (WEGBX) has a less-than-ideal short-term performance (1-year return 34.61% vs 39.60% Equity Energy category average)
• Waddell & Reed Energy B Fund (WEGBX) ratio of up-years vs down years can be improved
• Waddell & Reed Energy B Fund (WEGBX) has a higher management fee of 2.95% than its Equity Energy average of 1.73%
• Waddell & Reed Energy B Fund (WEGBX) carries a 5% load

See Waddell & Reed Energy B Fund (WEGBX) performance details as of January 31, 2010

  

  

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Waddell & Reed Energy B Fund (WEGBX) Net Asset

Track net asset change of Waddell & Reed Energy B fund (WEGBX)

Date	Net Asset
01/2010	$5.47M
11/2009	$5.52M
10/2009	$5.45M

More historic net asset information on Waddell & Reed Energy B Fund (WEGBX)

  

Waddell & Reed Energy B Fund (WEGBX) Portfolio Allocation

Track portfolio allocation change of Waddell & Reed Energy B fund (WEGBX)

Date	Cash	Stock	Bond	Other
09/2009	7.13%	92.87%	0%	0%
06/2009	7.71%	91.67%	0.62%	0%
03/2009	7.84%	106.02%	0%	0%

Click here to see more historic asset allocation information on Waddell & Reed Energy B Fund (WEGBX)

  

Most Recent Top 10 Holdings in Waddell & Reed Energy B Fund (WEGBX)

Discover what Waddell & Reed Energy B Fund (WEGBX) manager is buying

30-Sep-09 SOUTHWESTERN ENERGY [4.34%] NATL OILWELL VARCO [3.85%] SCHLUMBERGER LTD [3.82%] WEATHERFORD INTL LTD [3.52%] HALLIBURTON CO [3.18%] EXXON MOBIL CP [3.05%] OCCIDENTAL PET [3%] APACHE CP [2.78%] NOBLE ENERGY INC [2.77%] NEWFIELD EXP COM [2.71%]

30-Jun-09 SOUTHWESTERN ENERGY [4.68%] EXXON MOBIL CP [3.68%] SCHLUMBERGER LTD [3.54%] NATL OILWELL VARCO [3.45%] FLUOR CP (NEW) [3.05%] OCCIDENTAL PET [2.99%] WEATHERFORD INTL LTD [2.87%] APACHE CP [2.59%] HELMERICH PAYNE [2.45%] HALLIBURTON CO [2.44%]

31-Mar-09 EXXON MOBIL CP [4.45%] SOUTHWESTERN ENERGY [4.45%] NATL OILWELL VARCO [3.77%] SCHLUMBERGER LTD [3.3%] OCCIDENTAL PET [3.14%] APACHE CP [2.85%] NOBLE ENERGY INC [2.64%] First Solar, Inc. [2.57%] FLUOR CP (NEW) [2.55%] HALLIBURTON CO [2.27%]

Click here for Stock Holding Change Map in Waddell & Reed Energy B Fund (WEGBX)

  

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See more information on Waddell & Reed Energy B Fund (WEGBX)

• Waddell & Reed Energy B Fund Insights
• Waddell & Reed Energy B Fund Performance Data
• Waddell & Reed Energy B Fund News
• Waddell & Reed Energy B Fund Score Explaination
• Waddell & Reed Energy B Fund Manager Information
• Historic Waddell & Reed Energy B Fund Asset Allocation Report
• Historic Waddell & Reed Energy B Fund Top 10 Holding Tracking
• Historic Waddell & Reed Energy B Fund Asset Under Management Tracking