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Waddell Fund's Sales Leave Investors With Riskier Securities

FYI: (Click On Article Title At Top Of Google Search)

Holdings of the riskiest junk bonds by the Ivy High Income Fund have grown to 47% of assets

Regards,
Ted
https://www.google.com/#q=Waddell+Fund’s+Sales+Leave+Investors+With+Riskier+Securities+wsj

M* Snapshot WHIAX: http://www.morningstar.com/funds/XNAS/WHIAX/quote.html

Comments

  • Does anyone know if the asset exit has spread to other Waddell / Ivy funds?
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