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Ivy Mid Cap Growth Fund Class A (WMGAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap growth
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide growth of capital. The fund seeks to achieve its objective by investing primarily in common stocks of mid-capitalization companies that the advisor believes are high quality and/or offer above-average growth potential. Under normal circumstances, it invests at least 80% of its net assets in the securities of mid-capitalization companies which for purposes of this fund typically are companies with market capitalizations within the range of companies in the Russell Midcap Growth Index at the time of acquisition.


1 month-4.26% 3 years+2.29%
3 months-5.15% 5 years+7.82%
1 year+0.58% Since inception+6.49%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+7.82%+13.89%
Expense ratio1.29%1.26%
Risk 5 year sharpe ratio0.941.02
Net assets$2.7B$1.2B
Average market cap$9.2B$10.2B
Average P/E26.525.5
Portfolio turnover38%38%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureKimberly Scott / 15 Years
Minimal initial investment$750.00
Minimum IRA investment--


U.S. stock98.03%
International stock1.06%
Fixed income0.90%
Top 5 Sectors
Portfolio weighting
Consumer service 19.62%
Financial service 14.03%
Industrial materials 12.32%
Healthcare 10.36%
Hardware 9.54%
Top 10 Holdings
Portfolio weighting
FAST Fastenal Co3.56%
ISRG Intuitive Surgical3.02%
ZTS Zoetis Inc2.94%
CSGP CoStar Group Inc2.75%
MJN Mead Johnson Nutrition Co2.57%
EA Electronic Arts Inc2.52%
CME CME Group Inc2.49%
MCHP Microchip Technology Inc2.48%
NTRS Northern Trust2.29%
TSCO Tractor Supply Co2.10%