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Ivy Science & Technology A (WSTAX) Fund Ranking and Research

Ranking, Research and Recommendation of Ivy Science & Technology A (WSTAX) Fund

    Last Trade: $49.71 on 8/29/2016, Change: +0.18 (0.36%)

 

Graph of Ivy Science & Technology A Fund (WSTAX) ManagerFund Manager - Zachary H. Shafran

Fund Manager Information

Fund Manager Tenure: 15.6 years
Similar Funds: WSTBX  WSTCX  WSTRX  WSTYX 
Fund Family: Ivy Funds
Fund Category: Technology
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.48)     (What does this score mean?)
Shafran is senior vice president of IICO and WRIMCO, vice president of Ivy Funds, Inc. and vice president of other investment companies for which WRIMCO serves as investment manager. Shafran has served as a portfolio manager for investment companies managed by WRIMCO since January 1996. He served as an investment analyst with WRIMCO and its predecessor from June 1990 to January 1996.  Get more insights on Zachary H. Shafran

 

Graph of Ivy Science & Technology A Fund (WSTAX) ProfileIvy Science & Technology A Fund (WSTAX) Profile

Fund Profile and Description

Ivy Science & Technology A Fund seeks long-term capital growth. Ivy Science & Technology A Fund invests normally at least 80% of net assets in securities of science or technology companies or companies benefited by the application of scientific or technological discoveries. It may also invest in companies that utilize science and/or technology to improve their existing business even though the business is not within the science and technology industries. Ivy Science & Technology A Fund may invest in companies of any size, and may invest without limitation in foreign securities.

 

Ivy Science & Technology A (WSTAX) Fund Strength What we like about Ivy Science & Technology A (WSTAX) Fund

Data for Ivy Science & Technology A Fund (WSTAX) as of May 30, 2016

  • Ivy Science & Technology A Fund (WSTAX) management has been with Ivy Science & Technology A Fund for 15.6 years
  • Ivy Science & Technology A Fund (WSTAX) ratio of up-years vs down years is greater than 2
  • Ivy Science & Technology A Fund (WSTAX) has an annual stock turnover rate of 24.00% vs Technology average of 81.69%. It is good that Ivy Science & Technology A management does not trade extensively for its return.
  • Ivy Science & Technology A Fund (WSTAX) has a lower expense ratio than its Technology average: 1.28% vs 1.42%

Ivy Science & Technology A Fund (WSTAX) Weakness What we are cautious about Ivy Science & Technology A (WSTAX) Fund

Data for Ivy Science & Technology A Fund (WSTAX) as of May 30, 2016

  • Ivy Science & Technology A Fund (WSTAX) has a less-than-ideal short-term performance (1-year return -16.06% vs -1.99% Technology category median performance)
  • Ivy Science & Technology A Fund (WSTAX) has a less-than-ideal mid-term performance (3-year return 6.79% vs 13.35% Technology category median performance)
  • Ivy Science & Technology A Fund (WSTAX) has a less-than-ideal Long-term performance (5-year return 9.45% vs 9.50% Technology category median performance)
  • Ivy Science & Technology A Fund (WSTAX) has a Morningstar rating of 3 and below
  • Ivy Science & Technology A Fund (WSTAX) is less safe compared to its Technology peers
  • Ivy Science & Technology A Fund (WSTAX) does not have a good risk adjusted return as its 3-year Alpha of 1.39 is worse than category average of 7.58, and its 3-year Sharpe ratio is 0.49
  • Ivy Science & Technology A Fund (WSTAX) is more volatile than its peers as it has a 3-year Standard Deviation of 15.82 that is higher than category average of 15.15
  • Ivy Science & Technology A Fund (WSTAX) carries a 5.75% load
  • As a Technology focused fund, Ivy Science & Technology A Fund (WSTAX) is less diversified and has inherited sector risks associated with the fund
See Ivy Science & Technology A Fund (WSTAX) performance details as of May 30, 2016

 

What do you think?

 

Compare Ivy Science & Technology A Fund (WSTAX)Compare with other top Technology category mutual funds

Aadditional top Technology mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Ivy Science & Technology A-6.16-16.066.799.45
Columbia Global Technology Growth A (CTCAX)1.593.1819.2411.85Compare
Fidelity Advisor Electronics A (FELAX)5.06-2.3419.8311.26Compare
Columbia Seligman Global Technology Z (CSGZX)1.63-1.8917.3311.27Compare

See top fund managers for Technology Category Funds

 

Compare Ivy Science & Technology A Fund (WSTAX)Compare with Technology category ETFs

Some Technology ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares North American Tech-Software (IGV)3.09%6.24%15.80%
PowerShares S&P SmallCap Info Tech ETF (PSCT)7.49%5.76%16.31%
iShares North American Tech (IGM)2.23%5.58%14.88%
SPDR Morgan Stanley Technology ETF (MTK)0.30%4.39%13.37%
Vanguard Information Technology ETF (VGT)1.95%1.19%14.39%

 

Graph of Ivy Science & Technology A Fund (WSTAX) Net Asset TrackingIvy Science & Technology A (WSTAX) Fund Net Asset

Track net asset change of Ivy Science & Technology A fund (WSTAX)

DateNet Asset
05/2016$4.85B
03/2016$4.82B
02/2016$5.09B
More historic net asset information on Ivy Science & Technology A Fund (WSTAX)

  

Graph of Ivy Science & Technology A Fund (WSTAX) Portfolio TrackingIvy Science & Technology A (WSTAX) Fund Portfolio Allocation

Track portfolio allocation change of Ivy Science & Technology A fund (WSTAX)

DateCashStockBondOther
03/20160%98.08%0.03%1.89%
12/20150.11%94.35%0.86%4.68%
09/20150%94.03%0.07%5.91%
Click here to see more historic asset allocation information on Ivy Science & Technology A Fund (WSTAX)

 

graph of Ivy Science & Technology A Fund (WSTAX) Top 10 Position TrackingTop 10 Holdings in Ivy Science & Technology A (WSTAX) Fund

Discover what Ivy Science & Technology A Fund (WSTAX) manager is buying

Mar 30, 2016
Microsoft Corporation [5.04%]
Euronet Worldwide, Inc. [4.84%]
Alliance Data Systems Corporati [4.59%]
Microsemi Corporation [4.2%]
WNS (Holdings) Ltd ADR [3.88%]
Aspen Technology, Inc. [3.75%]
Cerner Corporation [3.71%]
Micron Technology, Inc. [3.69%]
ACI Worldwide, Inc. [3.58%]
Facebook, Inc. [3.53%]

Dec 30, 2015
Alliance Data Systems Corporati [5.5%]
Vertex Pharmaceuticals Incorpor [4.85%]
Microsoft Corporation [4.83%]
Euronet Worldwide, Inc. [4.53%]
Micron Technology, Inc. [4.23%]
Cerner Corporation [3.56%]
Ionis Pharmaceuticals, Inc. [3.51%]
WNS (Holdings) Ltd ADR [3.34%]
Aspen Technology, Inc. [3.31%]
ACI Worldwide, Inc. [3.11%]

Sep 29, 2015
Alliance Data Systems Corporati [5.39%]
Euronet Worldwide, Inc. [5.1%]
Micron Technology, Inc. [4.68%]
Vertex Pharmaceuticals Incorpor [4.2%]
Microsoft Corporation [3.84%]
Cerner Corporation [3.72%]
Aspen Technology, Inc. [3.48%]
NXP Semiconductors N.V. [3.2%]
WNS (Holdings) Ltd ADR [3.09%]
ACI Worldwide, Inc. [3.08%]
Click here for Stock Holding Change Map in Ivy Science & Technology A Fund (WSTAX)

  

Latest News on Ivy Science & Technology A (WSTAX) Fund

See what is happening with Ivy Science & Technology A Fund (WSTAX)

 

Ivy Science & Technology A Fund (WSTAX) Related ResourcesSee more information on Ivy Science & Technology A (WSTAX) Fund

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