CEF Advisors

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Ivy High Income Opportunities Fund (IVH)

Taxable Bond Funds - High Yield Bond Funds

Data as of Oct. 17, 2019
Market Price $13.63 (+ $0.03)
NAV (Oct. 17, 2019) $14.89 (+ $0.01)
Premium / Discount -8.46% (+0.14%)
Fund Info
Inception May 29, 2013
Sponsor Ivy Investment Management Company
Website https://www.ivyfunds.c...
Phone 1-800-777-6472
Objective: High current income and capital appreciation; high yield corporate bonds fixed income instruments
Related Indexes
High Income Index
High Yield Bond Index
60/40 Balanced (w/ BDCs) Index
US Bond Index
Capital & Leverage
Outstanding Shares 16,567,088
Total Assets (Reported: Aug. 31, 2019) $363M
Estimated Total Assets $357M
Net Assets $247M
Market Cap $226M
Purchases Turnover 41.42%
Sales Turnover 52.56%
Total Leverage 30.99%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.12%
Non Lev Exp Ratio 1.67%
Rel Lev Cost 3.24%
Discount Data
Average Discount (3 Yr) -9.15%
Discount Low(3 Yr) -17.57%
Discount High(3 Yr) -1.72%
Discount Rel Range 56.57%
Comp Discount -3.98
Discount St Dev (1Yr) 1.54
Z-Stat (6mo) 2.46
Z-Stat (1Yr) 1.90
Z-Stat (3Yr) 0.17
Comp Z-Stat (6mo) 1.67
Comp Z-Stat (3Yr) -0.42
Distribution Data
Market Yield 8.80%
Income Yield 8.80%
Lev Adj NAV Yield 6.15%
Distribution Frequency M
Current Distribution $0.100
Current Income $0.100
Ex-Date 10/16/19
Payable Date 10/31/19
Div Growth (3yr) -20.00%
Dividend Change -16.7% on 1/2/18
Expected Div 11/1/19
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $909
Avg Volume 30 day 48,912
Avg Volume 90 day 66,662
Volume Trend -26.63%
Comp Volume Trend -22.70%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
Most Correlated Peer (Mk Pr): DSU 86.0%
NAV - Price Correlation (30 d) 81.5%
NAV - Price Correlation (90 d) 51.5%
NAV - Price Correlation (1 Yr) 85.4%
Price St Dev (1Yr) 10.7%
NAV St Dev (1Yr) 5.9%
Earnings / Share (3/31/19) $0.107
Earn Coverage 107.20%
Earnings Trend Down
UNII / Share (3/31/19) $0.037
Rel UNII 3.04
UNII Trend Down
Bond Specific Data
Maturity 5.39
Credit Rating (rbo) B
Investment Grade 0%
Non Investment Grade 96.50%
Unrated Bonds 3.50%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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