Address And Details

2005 Market St. , Philadelphia, PA 19103
Fund Manager Mark G. Beischel
Manager Tenure 8 Years 9 Months

Strategy And Objective

To seek to provide a high level of current income. Capital appreciation is a secondary objective. Ivy Global Bond Fund seeks to achieve its objectives by investing, under normal circumstances, at least 80% of its net assets in a diversified portfolio of bonds of foreign and U.S. issuers. The Fund may invest in debt securities, including secured and unsecured loan assignments, loan participations and other loan instruments (loans), issued by foreign or U.S. companies of any size, including those in emerging markets, as well as in debt securities issued by foreign or U.S. governments. Under normal circumstances, the Fund invests at least 40% (or, if IICO deems it warranted by market conditions, at least 30%) of its total assets in securities of non-U.S. issuers. The Fund may invest up to 100% of its total assets in foreign securities and in securities denominated in currencies other than the U.S. dollar. The Fund may invest in securities of any maturity. The Fund may invest in both investment and non-investment-grade securities. It may invest up to 35% of its total assets in non-investment-grade bonds, commonly called high-yield or junk bonds, primarily of foreign issuers, that include bonds rated BB+ or lower by S&P Global Ratings, a division of S&P Global, Inc. (S&P), or comparably rated by another nationally recognized statistical rating organization (NRSRO) or, if unrated, determined by IICO to be of comparable quality. The Fund will invest in non-investment-grade securities only if IICO deems the risks to be consistent with the Funds objectives. Many of the companies in which the Fund may invest have diverse operations, with products or services in foreign markets. Therefore, the Fund may have indirect exposure to various foreign markets through investments in these companies, even if the Fund is not invested directly in such markets. IICO may look at a number of factors in selecting securities for the Funds portfolio including: identifying fundamental global themes; country analysis(economic, legislative/judicial and demographic trends) credit analysis of the issuer (financial strength, cash flow, balance sheet, capital structure, management, strategy and accounting) the maturity, quality, and denomination (U.S. dollar, euro, yen) of the issue; domicile, market share and industry of the issuer; and analysis of the issuers profit history through various economic cycles. Generally, in determining whether to sell a security, IICO continues to analyze the factors considered for buying the security. IICO also considers its assumptions regarding a company, an industry, the markets, an individual economy and/or the global economy. IICO may sell a security to reduce the Funds holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash.

Net Asset Value

as of 5:56 PM ET 09/24/2021

Performance

  • 1 Week
  • -0.39%
  • 1 Month
  • -0.39%
  • 3 Months
  • -0.29%
  • 1 Yr Return
  • +0.39%
  • 5 Yr Return
  • +7.76%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 95.92%
Cash 5.37%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -1.28%
Total Net Assets 0.00

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.97 1.45 n/a
Beta 0.71 0.62 n/a
R Squared 0.15 0.16 n/a
Std Deviation 6.26 4.99 n/a
Sharpe Ratio 0.65 0.55 n/a

Purchase Information

as of 6:00 PM ET 09/23/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +2.93%
  • +6.41%
+2.93% +6.41%
3 Year
  • +5.01%
  • +4.60%
+5.01% +4.60%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +2.44%
  • +2.39%
+2.44% +2.39%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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