WBLAX — InvestEd Balanced Portfolio
Data updated: 2022-05-27
WBLAX — InvestEd Balanced Portfolio. Money Market · $57.83M AUM · 0.84% expense ratio · -3.0% 1-yr return. Holdings, fees, performance and SEC filings.
WBLAX Fund Overview
WBLAX — InvestEd Balanced Portfolio is a US mutual fund managed by InvestEd Portfolios, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: InvestEd Portfolios
- Category: Money Market
- Assets under management: $57.83M
- 1-year return: -3.0%
- Ticker: WBLAX
- SEC CIK: 0001141323
- SEC series ID: S000006296
- Share class ID: C000017312
WBLAX Investment Objective and Strategy
InvestEd Balanced Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by InvestEd Portfolios.
Investment objective
To seek to provide total return through a combination of capital appreciation and current income.
Principal investment strategy
The Portfolio is designed to provide diversification among different asset classes by investing its assets in other affiliated mutual funds within the Ivy Funds, referred to as underlying funds. The Portfolio invests, primarily, in a combination of growth-oriented Ivy U.S. and global/international equity mutual funds and in Ivy fixed-income mutual funds, including investment grade, non-investment grade and short-term bond funds. Each underlying fund, in turn, invests in a diversified portfolio of securities. The Portfolio typically will invest in Class N shares of the underlying funds. The underlying funds are selected following a two stage asset allocation process. The first stage is a strategic asset allocation to determine the percentage of the Portfolios assets to be invested in general asset classes (i.e., fixed-income funds, global/international equity funds, and U.S.
equity funds) based on the risk/return potential of the different asset classes and the risk profile of the Portfolio. The second stage involves the actual selection of underlying funds to represent those asset classes based on underlying fund classifications, historical risk, performance, and other factors. Within the U.S. and global/international stock fund allocations, Ivy Investment Management Company (IICO), the Portfolios investment manager, seeks to diversify globally (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds), and by style (by including both growth and value underlying funds). Within the fixed-income fund allocation, IICO includes underlying funds with varying degrees of interest rate and credit exposure.
The Board of Trustees of the Trust (Board) has established target ranges for the allocation of the Portfolios assets for the U.S. equity, global/international equity, investment grade bond, non-investment grade bond and short-term bond asset classes in the percentages set forth in the chart below. The Portfolio is intended for investors who have a lower tolerance for risk than more aggressive investors and who are seeking both growth and income, who have a longer time horizon, or who are willing to accept moderate short-term price fluctuations in exchange for potential longer-term returns. The Portfolio also is designed for investors who plan to maintain their investments, and who do not expect to incur expenses related to higher education, for at least eight years. The Board has established the following target ranges for investment of the Portfolios assets in the specific underlying funds: Underlying Fund Investment Range Low High U.S.
Equity Funds 30% 45% Ivy Core Equity Fund 0% 25% Ivy Large Cap Growth Fund 0% 25% Ivy ProShares S&P 500 Dividend Aristocrats Index Fund 0% 25% Ivy Value Fund 0% 25% Ivy Mid Cap Growth Fund 0% 10% Ivy Mid Cap Income Opportunities Fund 0% 10% Ivy ProShares Russell 2000 Dividend Growers Index Fund 0% 10% Ivy Small Cap Core Fund 0% 10% Ivy Small Cap Growth Fund 0% 10% Global/International Equity Funds 10% 35% Ivy Global Growth Fund 0% 25% Ivy International Core Equity Fund 0% 25% Ivy ProShares MSCI ACWI Index Fund 0% 25% Ivy Emerging Markets Equity Fund 0% 15% Ivy LaSalle Global Real Estate Fund 0% 10% Fixed Income Funds 20% 60% Investment Grade Bond Funds 10% 55% Ivy Corporate Bond Fund 0% 25% Ivy Government Securities Fund 0% 25% Ivy ProShares S&P 500 Bond Index Fund 0% 25% Ivy Securian Core Bond Fund 0% 25% Non-Investment Grade Bond Funds 0% 25% Ivy Apollo Strategic Income Fund 0% 15% Ivy Global Bond Fund 0% 15% Ivy High Income Fund 0% 15% Ivy ProShares Interest Rate Hedged High Yield Index Fund 0% 15% Short-Term Bond Funds 0% 20% Ivy Government Money Market Fund 0% 20% Ivy Limited-Term Bond Fund 0% 20% IICO monitors the Portfolios holdings and cash flow and, in general, manages them as needed in order to maintain the Portfolios target allocations.
IICO does not intend to trade actively among the underlying funds nor does it intend to attempt to capture short-term market opportunities. However, in seeking to enhance performance, IICO may change allocations within the stated ranges. IICO may modify the above-specified target asset allocations for the Portfolio and also may modify, from time to time, the underlying funds selected for the Portfolio. In addition, the percentage specified as the high end of the investment range for an underlying fund is a target, and IICO or market movements (or a combination of both) may, from time to time, cause the Portfolios investment in any specified underlying fund to exceed its target percentage. By owning shares of the underlying funds, the Portfolio indirectly holds a diversified mixture of primarily common stocks of U.S.
and, to a lesser extent, foreign companies that typically are large-capitalization. The Portfolio also indirectly holds a mixture of debt securities of foreign and U.S. issuers that may include investment grade corporate bonds, U.S. government securities and, to a lesser extent, a mixture of non-investment grade corporate bonds and money market instruments, and securities issued by foreign governments and securities denominated in currencies other than the U.S. dollar. Certain of the underlying funds may, but are not required to, invest in options, futures contracts and other derivative instruments if they are permitted to invest in the type of asset by which the return on, or value of, the derivative is measured.
WBLAX Holdings
Top 10 holdings of InvestEd Balanced Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ivy Government Securities Fund Class N | 18.06% |
| Ivy Limited-Term Bond Fund Class N | 14.47% |
| Ivy ProShares MSCI ACWI Index Fund Class N | 10.80% |
| Ivy Large Cap Growth Fund Class N | 8.50% |
| Ivy ProShares S&P 500 Dividend Aristocrats Index Fund Class N | 8.29% |
| Ivy Value Fund Class N | 8.18% |
| Ivy International Core Equity Fund Class N | 7.66% |
| Ivy Securian Core Bond Fund Class N | 4.60% |
| Ivy Mid Cap Income Opportunities Fund Class N | 4.01% |
| Ivy Mid Cap Growth Fund Class N | 4.00% |
WBLAX Portfolio Allocation
Asset-class allocation of InvestEd Balanced Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.3% |
WBLAX Performance
Total returns for WBLAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.0% |
| 3 years (annualised) | -1.2% |
WBLAX Risk Information
Risk metrics for WBLAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.5%
WBLAX Costs and Fees
WBLAX costs about $84 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.84%
- Gross expense ratio: 0.84%
- Portfolio turnover: 25%
- Brokerage commissions: 0.01 bps of average net assets (SEC N-CEN)
WBLAX Cashflows
Over the 12 months to 2022-03, InvestEd Balanced Portfolio had net inflows of $6.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-03 | $2.66M |
| 2022-02 | $3.44M |
| 2022-01 | $3.81M |
| 2021-12 | $4.30M |
| 2021-11 | −$1.13M |
| 2021-10 | −$1.35M |
WBLAX Debt Constituents
No individual debt constituents are reported in InvestEd Balanced Portfolio's latest SEC N-PORT filing.
WBLAX Prospectus and SEC Filings
Official InvestEd Balanced Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus (485BPOS) — filed 2021-04-29
- Prospectus (485BPOS) — filed 2020-09-15
- Portfolio holdings (N-PORT) — filed 2022-05-27
- Portfolio holdings (N-PORT) — filed 2022-02-23
- Portfolio holdings (N-PORT) — filed 2021-11-29
- Annual census (N-CEN) — filed 2022-03-10
- Annual census (N-CEN) — filed 2021-03-11
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.