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Mutual Fund Insights: Ivy Municipal High Income I Fund (WYMHX)

In-depth Analysis of Ivy Municipal High Income I Fund (WYMHX)

Mutual fund chart: Ivy Municipal High Income I Fund (WYMHX)

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See Ivy Municipal High Income I Fund (WYMHX) performance details as of January 31, 2010

  

    Last Trade: $4.85 on 3/19/2010, Change: 0.00 (0%)

  

Fund ManagerFund Manager - Michael J. Walls

Fund Manager Tenure: 1.6 years
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)
Walls is vice president of WRIMCO and IICO, and has been an employee of WRIMCO since March 1999, joining the company as an investment analyst.  Get more insights on Michael J. Walls

  

What we like about Ivy Municipal High Income I Fund (WYMHX) What we like about Ivy Municipal High Income I Fund (WYMHX)

Data for Ivy Municipal High Income I Fund (WYMHX) as of January 31, 2010

  • Ivy Municipal High Income I Fund (WYMHX) is a new fund and has been performing well against its peers for both three-month and 1-year performance
  • Ivy Municipal High Income I Fund (WYMHX) has good short-term performance (1-year return 26.50% vs 25.06% High Yield Muni category average)
  • Ivy Municipal High Income I Fund (WYMHX) has good mid-term performance (3-year return 3.35% vs -1.54% High Yield Muni category average)
  • Ivy Municipal High Income I Fund (WYMHX) has good Long-term performance (5-year return 4.71% vs 1.46% High Yield Muni category average)
  • Ivy Municipal High Income I Fund (WYMHX) ratio of up-years vs down years is greater than 2
  • Ivy Municipal High Income I Fund (WYMHX) has a Morningstar rating of 4 and above
  • Ivy Municipal High Income I Fund (WYMHX) is less volatile than its peers as it has a 3-year Standard Deviation of 9.78, lower than category average of 12.25
  • Ivy Municipal High Income I Fund (WYMHX) has a lower management fee than its High Yield Muni average: 0.70% vs 1.12%
  • Ivy Municipal High Income I Fund (WYMHX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about Ivy Municipal High Income I Fund (WYMHX) What we are cautious about Ivy Municipal High Income I Fund (WYMHX)

Data for Ivy Municipal High Income I Fund (WYMHX) as of January 31, 2010

  • Ivy Municipal High Income I Fund (WYMHX) management has been with Ivy Municipal High Income I Fund for only 1.6 years, it is hard to judge manager's ability based on this fund's operation record
See Ivy Municipal High Income I Fund (WYMHX) performance details as of January 31, 2010

  

  

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Ivy Municipal High Income I Fund (WYMHX) Net Asset

Track net asset change of Ivy Municipal High Income I fund (WYMHX)

DateNet Asset
01/2010$3.21M
11/2009$1.99M
10/2009$1.65M
More historic net asset information on Ivy Municipal High Income I Fund (WYMHX)

  

Ivy Municipal High Income I Fund (WYMHX) Portfolio Allocation

Track portfolio allocation change of Ivy Municipal High Income I fund (WYMHX)

DateCashStockBondOther
09/20097.59%0%92.41%0%
06/20094.53%0%95.47%0%
03/20090%0%0%0%
Click here to see more historic asset allocation information on Ivy Municipal High Income I Fund (WYMHX)

  

Most Recent Top 10 Holdings in Ivy Municipal High Income I Fund (WYMHX)

Discover what Ivy Municipal High Income I Fund (WYMHX) manager is buying

30-Sep-09
Hollister Calif Redev Agy Tax Tax All 7% [4.44%]
Hawaii St Dept Budget & Fin Sp Rev 8.75% [4%]
Hillsborough Cnty Fla Indl Dev Rev Bd 8% [3.03%]
MOHAVE CNTY ARIZ INDL DEV AUTH REV BDS [2.87%]
ILLINOIS FIN AUTH REV BDS [2.17%]
Hackberry Tex Spl Assmt Contra Spl As 9% [2.05%]
TOLEDO LUCAS CNTY OHIO PORT AU REV BDS [2.04%]
Detroit Mich Sew Disp Rev Rev Ref B 7.5% [2.04%]
Detroit Mich Sew Disp Rev Rev Ref B 7% [2%]
GUAM GOVT GO BDS [2%]

30-Jun-09
Detroit Mich Sew Disp Rev Rev Ref B 7.5% [3.81%]
Detroit Mich Sew Disp Rev Rev Ref B 7% [3.72%]
Tarrant Cnty Tex Cultural Ed F Rev Bd 6% [3.52%]
PUERTO RICO SALES TAX FING COR REV BDS [3.37%]
Arnold Mo Real Ppty Tax Increm Rev 7.75% [3.28%]
Tarrant Cnty Tex Cultural Ed F Re 5.625% [3.28%]
Los Angeles Calif Wastewtr Sys Var 2.6% [3.27%]
GUAM GOVT GO BDS [3.24%]
Illinois Fin Auth 7% [3.16%]
Mclean Cnty Ill Bloomington No Rev 6.35% [3.06%]

31-Mar-09
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Click here for Stock Holding Change Map in Ivy Municipal High Income I Fund (WYMHX)

  

Related books and products to Ivy Municipal High Income I Fund (WYMHX)

  

Latest News on Ivy Municipal High Income I (WYMHX)

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