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Ivy Science and Technology Fund
mutual fund
WSTCX
Dividend policy
Suspended
Price as of:
$71.83
+0.24
+0%
primary theme
Technology Sector Equity
WSTCX (Mutual Fund)
Ivy Science and Technology Fund
Dividend policy
Suspended
Price as of:
$71.83
+0.24
+0%
primary theme
Technology Sector Equity
WSTCX - Snapshot
Vitals
- YTD Return 2.0%
- 3 Yr Annualized Return 23.8%
- 5 Yr Annualized Return 20.3%
- Net Assets $9.86 B
- Holdings in Top 10 53.4%
52 WEEK LOW AND HIGH
$71.59
$43.16
$78.65
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.95%
SALES FEES
- Front Load N/A
- Deferred Load 1.00%
BROKERAGE FEES
- Turnover 23.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $750
- IRA N/A
Fund Classification
- Primary Theme Technology Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Technology
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$180.86
-0.62%
$47.25 B
0.82%
$1.49
blocked
blocked
blocked
-0.18%
-
$118.73
+0.60%
$715.82 M
0.54%
$0.64
blocked
blocked
blocked
2.34%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$349.62
-1.05%
$47.25 B
0.82%
$2.91
blocked
blocked
blocked
-1.18%
-
Technology Select Sector SPDR® Fund
XLK | ETF
$127.42
-1.03%
$38.25 B
0.93%
$1.20
blocked
blocked
blocked
-2.00%
-
iShares U.S. Technology ETF
IYW | ETF
$84.29
-0.88%
$6.77 B
0.56%
$0.47
blocked
blocked
blocked
-0.93%
-
First Trust Cloud Computing ETF
SKYY | ETF
$96.58
-1.08%
$6.11 B
0.17%
$0.17
blocked
blocked
blocked
1.63%
-
$103.28
-1.03%
$5.26 B
0.83%
$0.86
blocked
blocked
blocked
-1.18%
-
WSTCX - Profile
Distributions
- YTD Total Return 2.0%
- 3 Yr Annualized Total Return 23.8%
- 5 Yr Annualized Total Return 20.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.31%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameIvy Science and Technology Fund
-
Fund Family NameIvy Funds
-
Inception DateJul 31, 1997
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerZachary Shafran
Fund Description
The fund invests primarily in the equity securities of science and technology companies around the globe. Under normal circumstances, it invests at least 80% of its net assets in securities of science or technology companies. The fund also may invest in companies that utilize science and/or technology as an agent of change to significantly enhance their business opportunities. It may invest in securities issued by companies of any size, and may invest without limitation in foreign securities, including securities of issuers within emerging markets. The fund is non-diversified.
WSTCX - Performance
Return Ranking - Trailing
| Period | WSTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.0% | -2.8% | 27.1% | 61.63% |
| 1 Yr | 35.0% | 6.5% | 157.1% | 85.71% |
| 3 Yr | 23.8%* | 4.4% | 54.0% | 82.44% |
| 5 Yr | 20.3%* | 0.0% | 49.3% | 87.56% |
| 10 Yr | 16.3%* | 4.8% | 23.5% | 81.46% |
* Annualized
Return Ranking - Calendar
| Period | WSTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 21.2% | -63.4% | 154.1% | 89.32% |
| 2019 | 30.5% | -3.0% | 63.7% | 61.71% |
| 2018 | -18.7% | -49.7% | 16.4% | 77.66% |
| 2017 | 22.5% | -17.3% | 83.6% | 78.31% |
| 2016 | 1.0% | -17.1% | 43.0% | 82.08% |
Total Return Ranking - Trailing
| Period | WSTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.0% | -2.8% | 27.1% | 61.63% |
| 1 Yr | 34.0% | 1.1% | 157.1% | 84.87% |
| 3 Yr | 23.8%* | 3.2% | 54.0% | 80.00% |
| 5 Yr | 20.3%* | 0.0% | 49.3% | 87.05% |
| 10 Yr | 16.3%* | 4.8% | 23.5% | 79.78% |
* Annualized
Total Return Ranking - Calendar
| Period | WSTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 21.2% | -63.4% | 154.1% | 89.32% |
| 2019 | 30.5% | -3.0% | 63.7% | 61.71% |
| 2018 | -18.7% | -49.7% | 16.4% | 83.25% |
| 2017 | 22.5% | -17.3% | 83.6% | 84.13% |
| 2016 | 1.0% | -17.1% | 43.0% | 88.44% |
NAV & Total Return History
WSTCX - Holdings
Concentration Analysis
| WSTCX | Category Low | Category High | WSTCX % Rank | |
|---|---|---|---|---|
| Net Assets | 9.86 B | 3.7 M | 47.2 B | 2.68% |
| Number of Holdings | 44 | 22 | 460 | 65.38% |
| Net Assets in Top 10 | 4.66 B | 1.35 M | 27 B | 2.69% |
| Weighting of Top 10 | 53.42% | 7.5% | 88.1% | 21.92% |
Top 10 Holdings
- Microsoft Corp 9.99%
- Apple Inc 8.24%
- Facebook Inc A 6.56%
- Aspen Technology Inc 4.50%
- Amazon.com Inc 4.33%
- Qualcomm Inc 4.32%
- Vertex Pharmaceuticals Inc 4.13%
- Micron Technology Inc 4.02%
- Alibaba Group Holding Ltd ADR 3.68%
- WNS (Holdings) Ltd ADR 3.64%
Asset Allocation
| Weighting | Return Low | Return High | WSTCX % Rank | |
|---|---|---|---|---|
| Stocks | 97.60% | 85.04% | 106.91% | 81.15% |
| Cash | 2.34% | -6.91% | 13.09% | 14.62% |
| Bonds | 0.06% | 0.00% | 2.12% | 5.00% |
| Preferred Stocks | 0.00% | 0.00% | 1.02% | 42.69% |
| Other | 0.00% | -1.68% | 12.69% | 43.46% |
| Convertible Bonds | 0.00% | 0.00% | 0.07% | 41.54% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WSTCX % Rank | |
|---|---|---|---|---|
| Technology | 59.36% | 1.45% | 100.00% | 60.77% |
| Healthcare | 14.66% | 0.00% | 33.67% | 7.31% |
| Communication Services | 12.02% | 0.00% | 98.48% | 48.85% |
| Consumer Cyclical | 8.20% | 0.00% | 42.01% | 37.69% |
| Industrials | 3.73% | 0.00% | 44.58% | 26.15% |
| Real Estate | 1.69% | 0.00% | 9.76% | 11.54% |
| Basic Materials | 0.34% | 0.00% | 10.93% | 6.54% |
| Utilities | 0.00% | 0.00% | 6.63% | 41.54% |
| Financial Services | 0.00% | 0.00% | 43.90% | 78.08% |
| Energy | 0.00% | 0.00% | 0.79% | 41.54% |
| Consumer Defense | 0.00% | 0.00% | 18.14% | 51.92% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WSTCX % Rank | |
|---|---|---|---|---|
| US | 83.24% | 1.35% | 99.95% | 54.62% |
| Non US | 14.36% | 0.00% | 105.56% | 46.15% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | WSTCX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 100.00% | 0.00% | 100.00% | 35.14% |
| Derivative | 0.00% | 0.00% | 18.85% | 42.47% |
| Securitized | 0.00% | 0.00% | 1.31% | 40.15% |
| Corporate | 0.00% | 0.00% | 100.00% | 46.33% |
| Municipal | 0.00% | 0.00% | 0.18% | 40.15% |
| Government | 0.00% | 0.00% | 11.42% | 40.93% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | WSTCX % Rank | |
|---|---|---|---|---|
| US | 0.06% | 0.00% | 1.68% | 5.00% |
| Non US | 0.00% | 0.00% | 0.44% | 40.00% |
WSTCX - Expenses
Operational Fees
| WSTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.95% | 0.08% | 8.45% | 12.70% |
| Management Fee | 0.79% | 0.00% | 1.95% | 63.98% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 87.59% |
| Administrative Fee | N/A | 0.04% | 0.50% | 6.52% |
Sales Fees
| WSTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 44.83% |
Trading Fees
| WSTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| WSTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 23.00% | 0.00% | 359.00% | 22.03% |
WSTCX - Distributions
Dividend Yield Analysis
| WSTCX | Category Low | Category High | WSTCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.51% | 50.00% |
Dividend Distribution Analysis
| WSTCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| WSTCX | Category Low | Category High | WSTCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.31% | -2.42% | 2.28% | 93.90% |
Capital Gain Distribution Analysis
| WSTCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
WSTCX - Fund Manager Analysis
Managers
Zachary Shafran
Start Date
Tenure
Tenure Rank
Feb 09, 2001
19.9
19.9%
Mr. Shafran is Senior Vice President of IICO and WRIMCO, Vice President of the Trust and Vice President of and portfolio manager for other investment companies for which IICO or WRIMCO serve as investment manager. Mr. Shafran has served as a portfolio manager for investment companies managed by WRIMCO or IICO since January 1996. He served as an investment analyst with WRIMCO and its predecessor from June 1990 to January 1996. Mr. Shafran earned a Bachelor of Business Administration and an MBA from the University of Missouri at Kansas City.
Bradley Warden
Start Date
Tenure
Tenure Rank
Oct 01, 2016
4.25
4.3%
Mr. Warden has held his Fund responsibilities since October 2016. He is Vice President of WRIMCO and IICO and Vice President of the Trust. Mr. Warden joined Waddell & Reed in 2003 as an investment analyst and became an assistant portfolio manager in 2014. He earned a BS degree in Business Administration from Trinity University and an MBA in Finance from the University of Texas – Austin.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.1 | 31.02 | 6.29 | 0.71 |
