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%

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