The following is our latest Fund Analyst Report for Ivy High Income (IVHIX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days.
Ivy High Income remains a work in progress. Stability in the management ranks and a growing team are notable given historical concerns about turnover and staffing. However, the fund hasn't done enough to rein in its riskiest exposures. It continues to earn a Morningstar Analyst Rating of Negative.
Brian Moriarty does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.