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Waddell & Reed Advisor Municipal High-Income Fund Class B – WBMHX Fund Overview

Last PriceToday's Change52-Week RangeTrading Volume
4.920.00 (0.00%)4.87 - 4.980.0

Market data as of 12:00AM 02/11/16. Quotes are delayed by at least 15 min.

Overview - WBMHX

The investment seeks a high level of current income that is not subject to Federal income tax. The 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. It invests substantially in municipal bonds with remaining maturities of 10 to 30 years. The fund primarily invests in revenue bonds: revenue bonds are payable only from specific sources, such as the revenue from a particular project, a special tax, and lease payments and/or appropriated funds.

Growth of $10,000 (10 Years)

Total Return4.11%
Yield (Trailing 12 Mo.)3.36%
Expense Ratio1.87%
Front LoadNone
Deferred Load5.00%
Minimum Investment$500.00
Management Tenure7 Years
Fund Inception10/05/1999

Trailing Total Returns - WBMHX

as of 01/31/2016
TimeframeWBMHXS&P 500High Yield Muni
1 Month0.06%-4.96%0.85%
3 Month1.27%-6.18%2.27%
1 Year1.54%-0.67%3.02%
3 Year2.78%11.30%3.53%
5 Year5.70%10.91%7.37%
10 Year4.03%6.48%3.91%
Since Inception4.11%10.33%--

Sector Allocation - WBMHX

as of 01/31/2016
Basic Materials--
Consumer Cyclical--
Financial Services--
Real Estate--
Consumer Defensive--
Communication Services--

Asset Allocation - WBMHX

as of 01/31/2016
By PercentShort0%LongNet
Foreign Stock--
Foreign Bond--
Total Net Assets$870.26M
Total Stock Holdings0
Total Bond Holdings247

Bond Credit Quality - WBMHX

as of 01/31/2016
Below B3.40%
Not Rated57.50%

Top Ten Holdings - WBMHX

as of 01/31/2016
CompanyYTD Return% of Assets
New York Liberty Dev Corp Libe Rev Bd 5%--1.80%
Louisiana Pub Facs Auth 10.5%--1.42%
Virginia Small Busn Fing A Rev Bds 5.5%--1.41%
Texas Private Activity Bd Surf Sr 6.875%--1.33%
Grand Parkway Transn Corp Tex Toll 5.5%--1.30%
Massachusetts St Port Auth 0.672%--1.15%
Illinois Fin Auth 8%--1.06%
Arizona Health Facs Auth 1.22%--1.05%
Central Plains Engy Proj Neb Gas P 5.25%--1.03%
Mohave Cnty Ariz Indl Dev Auth 8%--1.03%

Valuation & Growth - WBMHX

as of 01/31/2016
ValuationWBMHXCategory Range
Price/Cash Flow--
Dividend Yield
LT Earnings
Historical Earnings
Sales Growth
Cash-Flow Growth
Book-Value Growth
Key:  Lo 

Morningstar Summary - WBMHX, 3 Year

Rate Sensitivity
Ratingvs Category
Key:  Lo 

Tax Analysis - WBMHX, 3 Year Avg

Pretax Return2.78%
Tax-adjusted Return1.85%
Tax Cost Ratio0.00%
Potential Cap Gains0.37%

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