Address And Details

2005 Market St. , Philadelphia, PA 19103
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

To seek to provide a high level of current income that is not subject to federal income tax. Ivy Municipal High Income Fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in a diversified portfolio of municipal bonds. Municipal bonds are obligations issued by or on behalf of states, territories and possessions of the United States (including the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam), the interest on which is excludable from gross income for federal income tax purposes, although a significant portion of such interest may be an item of tax preference for purposes of the federal alternative minimum tax (AMT) (Tax Preference Item). (Under 2017 legislation commonly known as the Tax Cuts and Jobs Act, corporations no longer are subject to the AMT for taxable years of the corporation beginning after December 31, 2017.)

Net Asset Value

as of 6:00 PM ET 09/23/2021

Performance

  • 1 Week
  • -0.19%
  • 1 Month
  • -0.39%
  • 3 Months
  • +0.19%
  • 1 Yr Return
  • +2.59%
  • 5 Yr Return
  • -4.28%

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 99.88%
Other 0.12%
Stocks 0.00%
Cash 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 30.00 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -2.00 -1.14 -0.56
Beta 1.12 1.00 1.06
R Squared 0.87 0.84 0.82
Std Deviation 4.82 4.29 4.23
Sharpe Ratio 0.52 0.26 n/a

Purchase Information

as of 5:59 PM ET 09/09/2021
Minimum Initial $750
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
  • +5.52%
  • +7.62%
+5.52% +7.62%
3 Year
  • +3.75%
  • +3.39%
+3.75% +3.39%
10 Year
  • +3.85%
  • +4.03%
+3.85% +4.03%
Life Of Fund
  • +5.34%
  • +5.32%
+5.34% +5.32%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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