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Waddell & Reed Advisors Funds Receive High Honors from Lipper, Barron's

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Mon, May 11th 2009 09:00 am

Waddell & Reed Advisors Funds Receive High Honors from Lipper, Barron’s


Buffalo, NY- May 6, 2009 – Waddell & Reed Advisors Funds recently were awarded two out of eight overall mutual fund group awards presented for 2009 by Lipper, Inc., a national fund research firm. The fund family was named “best overall fund family” in the small firm category (those with $28 billion or less in total assets) for the second year in a row, while also garnering the top award for “best mixed-asset small fund family.” Lipper, as it does annually, presented awards based on “the fund group’s reliably solid, risk-adjusted performance.”


Waddell & Reed Advisors Funds also were featured prominently in the list of “Best Mutual Fund Families of 2008,” as ranked and published by Barron’s. According to the newspaper’s Feb. 2, 2009, issue, Waddell & Reed Advisors Funds ranked fifth out of 59 fund families over the past year ending Dec. 31, 2008, and was number one out of 53 over the latest five-year period. Ivy Funds, its affiliated fund family, ranked ninth out of 59 fund families over the past year and third out of 53 over the latest five-year period.


“Along with being named among the top fund families by Barron’s, the Lipper recognition is one of the highest honors a firm can receive, given that it is presented by a highly respected research organization,” said Robert Wills, CFP, who manages the Waddell & Reed office in East Amherst.


The Lipper small fund family group awards annually recognize the top fund family having at least three equity, three bond, and three mixed-asset funds. According to Lipper, the winners are selected using the Lipper Leaders rating for consistent returns for funds with at least 36 months of performance history for the period ending Dec. 31, 2008. Other categories awarded include overall/large, equity group/large, equity group/small, fixed-income group/large, fixed-income group/small, and mixed-asset/large. In 2008, the Waddell & Reed Advisors Funds were named best overall small fund family, while Ivy Funds claimed best mixed-asset small fund family. For a detailed explanation, please see the Lipper Leaders methodology document at


Barron’s annually ranks mutual fund families according to asset-weighted returns in five categories: domestic equity, world equity (including international and global portfolios), mixed equity (stocks and bonds), taxable bonds and tax exempt funds. Rankings also take into account an individual fund’s performance within its Lipper peer group. The recent rankings follow a number-one ranking for Waddell & Reed Advisors Funds over the one-year period in the 2007 Barron’s review.


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