IYIAX : Ivy Municipal High Income Fund Class A

IYIAX is a Bond Market Municipal Bond with HIGH fees.

IYIAX

Ivy Municipal High Income Fund Class A

FI Score

45 /100

Expense Ratio Rating

4 /10

Expense Rating

1 /10

Market Score

6 /10

Category Score

8 /10

Market Size

6 /10

45% FI Score
  • iyiax
  • Mutual Fund
  • Bond
  • Municipal Bond

Ivy Municipal High Income Fund Class A

Expenses: 0.87% (Better than 0% of similar funds)

This is a bad choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide a high level of current income that is not subject to federal income tax. The fund seeks to achieve its objective by investing at least 80% of its net assets in a diversified portfolio of municipal bonds. It typically invests at least 65% of its total assets in medium- and lower-quality bonds. The fund may invest in PABs in general, in revenue bonds payable from revenues derived from similar projects, such as those in the health care, life care, education, transportation and special tax sectors, and in municipal bonds of issuers located in the same geographical area.

Largest Holdings

Amount Holding
2.22% MARTIN CNTY FLA HEALTH FACS AUTH HOSP REV 4%
2.01% PENNSYLVANIA ST TPK COMMN TPK REV 6.29%
1.72% TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5%
1.26% DELAWARE CNTY PA INDL DEV AUTH CHARTER SCH REV 6.13%
1.17% JEFFERSON CNTY ALA SWR REV 6.5%
1.15% MICHIGAN FIN AUTH REV 3%
1.07% VIRGINIA SMALL BUSINESS FING AUTH REV 5.5%
1.01% UNIVERSITY VA UNIV REVS 3.57%
1.00% LEE CNTY FLA INDL DEV AUTH HEALTH CARE FACS REV 6.5%
0.99% SAN BUENAVENTURA CALIF REV 8%
0.97% TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 7%
0.96% NORTHERN TOB SECURITIZATION CORP ALASKA TOB SETTLEMENT REV 5%
0.96% NASSAU CNTY N Y TOBACCO SETTLEMENT CORP 5.13%
0.94% ALABAMA ECONOMIC SETTLEMENT AUTH BP SETTLEMENT REV 4%
0.93% ARIZONA HEALTH FACS AUTH REV 0.98%
0.89% PALOMAR HEALTH CALIF REV 4%
0.85% BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
0.83% CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5.25%
0.83% PUBLIC FIN AUTH WIS ARPT FACS REV 5%
0.82% NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 3.13%
0.82% VIRGINIA SMALL BUSINESS FING AUTH REV 6%
0.78% RIVERDALE ILL 8%
0.77% FLORIDA DEV FIN CORP EDL FACS REV 6%
0.76% LAWRENCE KANS INDL REV 7.63%
0.74% SAN ANTONIO TEX WTR REV 4%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo