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Waddell & Reed Advisor Municipal High-income Fund Class Y (WAMHX)

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Waddell & Reed Muni Hi-Inc Y historical data, for real-time data please try another search

4.68 0.00 0.00%

22/02 - Delayed Data. Currency in USD

Morningstar Rating:
Total Assets: 120.81M

Type: Fund

Market: United States

Issuer: Waddell & Reed

Asset Class: Bond

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WAMHX Overview

On this page you'll find an in-depth profile of Waddell & Reed Advisor Municipal High-income Fund Class Y. Learn about the key management, total assets, investment strategy and contact information of WAMHX among other information.

Investment Strategy

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 primarily invests 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, lease payments and/or appropriated funds.

Contact Information

Address 6300 Lamar Ave
Overland Park,KS 66202
United States

Phone +1 8889233355

Web www.waddell.com

Top Executives

Name	Title	Since	Until
Michael J. Walls	Senior Vice President	2008	2018
Biography	Mr. Walls is Senior Vice President of WRIMCO and IICO, Vice President of the Trust, and Vice President of and portfolio manager for another investment company for which IICO serves as investment manager. He has served as a portfolio manager with IICO since March 2007, and has been an employee of WRIMCO since March 1999, joining the company as an investment analyst. He earned a BA in economics and German from Denison University, and an MBA with an emphasis in finance from Xavier University. Mr. Walls holds a Certificate of General Insurance.
Mark J. Otterstrom	Portfolio Manager	2000	2008
Biography	Mark Otterstrom is a Vice President of Waddell & Reed Investment Management Company and Ivy Investment Management Company. Mr. Otterstrom graduated in 1979 with a BS in finance from the University of Tulsa. He earned an MBA in finance from the University of Missouri at Kansas City in 1986. He was previously affiliated with the Federal Reserve Bank of Kansas City as a bank holding company examiner. In addition, he analyzed the financial condition and compliance with banking laws for thirty regional bank holding companies. Mr. Otterstrom joined Waddell & Reed in May 1987 as a fixed income specialist with emphasis in high yield municipal bonds. He was appointed assistant vice president and assistant portfolio manager in January 1995 and vice president in January 1996. Mr. Otterstrom was named portfolio manager of the Waddell & Reed Advisors Municipal High Income Fund in June 2000. Mr. Otterstrom assumed responsibility over the Core Fixed Income and Core Intermediate Fixed Income strategies upon Jim Cusser leaving the firm. Mr. Otterstrom is a CFA charter holder. He is a member of the CFA Institute and the Kansas City Society of Financial Analysts.
John M. Holliday	Senior Vice President, Member	1986	2000
Biography	Holliday has been a senior vice president with Waddell & Reed Investment Management since he joined the company in 1978. He is also a member of the company's fixed-income policy committee. Previously, he served as a vice president and director of investments for the Kansas City Life Insurance Company and as a vice president and treasurer with Employers Reinsurance Corporation. Holliday earned his Chartered Financial Analyst designation in 1973.

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Recent Quotes

	Name	Price	Chg.	Chg. %
	Waddell & Reed Mu.	4.68	0.00	0.00%