Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Waddell & Reed Advisor Energy Fund Class A (WEGAX)

10.06
Net Asset Value
+1.00%
1 Day
-30.95%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
5.75
Sales Expenses
1.64%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide capital growth and appreciation. The fund invests at least 80% of its net assets in securities of companies within the energy sector, which includes all aspects of the energy industry, such as exploration, discovery, production, distribution or infrastructure of energy and/or alternative energy sources. It invests in a blend of value and growth companies domiciled throughout the world, which may include companies that are offered in initial public offerings. The fund may invest up to 100% of its total assets in foreign securities.

Performance

1 month-11.23% 3 years-17.67%
3 months-19.09% 5 years-4.05%
1 year-23.97% Since inception+1.28%
Data through --

Peer Comparisonvs. Equity energy

 WEGAXCategory
Performance 5-yr return-4.05%-3.52%
Expense ratio1.64%1.46%
Risk 5 year sharpe ratio0.05-0.09
Net assets$215.4M$651.7M
Average market cap$10.5B$28.2B
Average P/E--31.2
Portfolio turnover47%47%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyWaddell & Reed
Fund manager & tenureDavid Ginther / 11 Years
Minimal initial investment$750.00
Minimum IRA investment--

Holdings

U.S. stock96.10%
International stock3.34%
Fixed income0.55%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 82.03%
Industrial materials 15.10%
Hardware 1.26%
Consumer goods 0.82%
Utilities 0.79%
Top 10 Holdings
Portfolio weighting
HAL Halliburton4.85%
SLB Schlumberger4.60%
SLCA U.S. Silica Holdings Inc4.59%
EOG EOG Resources Inc4.50%
PE Parsley Energy Inc4.14%
RES RPC Inc4.11%
PXD Pioneer Natural Resources Co3.96%
CLR Continental Resources Inc3.88%
BHGE Baker Hughes A GE Co3.80%
CXO Concho Resources Inc3.34%