# EDGAR Filing Document

**Accession Number:** 0000883622
**File Stem:** 0000940400-26-022043
**Filing Date:** 2026-5
**Character Count:** 17154
**Document Hash:** 7b5f7167f2e15cce77404d87218d537c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022043.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000940400-26-022043

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IVY FUNDS
- **CENTRAL INDEX KEY:** 0000883622

**ORGANIZATION NAME:**
- **EIN:** 481112076
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06569
- **FILM NUMBER:** 261036731

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** 18005231918

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IVY FUNDS INC
- **DATE OF NAME CHANGE:** 20030630

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** W&R FUNDS INC
- **DATE OF NAME CHANGE:** 20000829

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WADDELL & REED FUNDS INC
- **DATE OF NAME CHANGE:** 19920717

## Series and Classes Contracts Data

### Nomura Climate Solutions Fund (Series ID: S000011242)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000030961 | Class A             | IEYAX           |
| C000030963 | Class C             | IEYCX           |
| C000030964 | Class Y             | IEYYX           |
| C000045550 | Institutional Class | IVEIX           |
| C000122152 | Class R             | IYEFX           |
| C000146685 | Class R6            | IENRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** IVY FUNDS

- **b. Investment Company Act file number:** 811-06569

- **c. CIK number of Registrant:** 0000883622

- **d. LEI of Registrant:** UJ5MWG3K37CY01MVRY13

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 215-255-1200

**Item A.2. Information about the Series.**

- **a. Name of Series:** Nomura Climate Solutions Fund

- **b. EDGAR series identifier (if any):** S000011242

- **c. LEI of Series:** 7VPJ6M109QX5QEGF5V86

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $112382769.22

**Total Liabilities:** $303378.41

**Net Assets:** $112079390.81

**Cash Not Reported:** $38237.12

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146685 | 8.57%                | 3.99%                | 1.64%                |
| Class ID C000045550 | 8.60%                | 3.92%                | 1.65%                |
| Class ID C000030964 | 8.53%                | 3.93%                | 1.61%                |
| Class ID C000030963 | 8.42%                | 3.93%                | 1.53%                |
| Class ID C000122152 | 8.48%                | 3.91%                | 1.59%                |
| Class ID C000030961 | 8.47%                | 4.03%                | 1.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3029069.11              | $5703272.58                                |
| Month 2  | $140859.07               | $4098501.13                                |
| Month 3  | $1015131.09              | $689629.86                                 |

### Schedule of Portfolio Investments

| Name                                         | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Valero Energy Corp.                          | Valero Energy Corp. COM                                     | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     17169 | NS      | $4242116.52   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corporation                            | Alcoa Corporation COM                                       | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |     51742 | NS      | $3432046.86   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                 | CF Industries Holdings, Inc. COM                            | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     27376 | NS      | $3554499.84   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                       | Waste Management, Inc. COM                                  | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     14424 | NS      | $3314490.96   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | Amazon.com, Inc. COM                                        | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     13350 | NS      | $2780404.50   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corporation                       | CMS Energy Corporation COM                                  | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     52294 | NS      | $4056968.52   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Neste Oyj                                    | Neste Oyj NPV                                               | CUSIP: 000000000<br>LEI: 5493009GY1X8GQ66AM14 | Long             | EC               | CORP              | FI        |    138965 | NS      | $4516022.08   | 4.03%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP Renovaveis SA                            | EDP Renovaveis SA EUR5                                      | CUSIP: 000000000<br>LEI: 529900MUFAH07Q1TAX06 | Long             | EC               | CORP              | ES        |    254248 | NS      | $4075053.96   | 3.64%             |  |  |  | No            |                  2 | On Loan: No      |
| CLP Holdings Ltd.                            | CLP Holdings Ltd. NPV                                       | CUSIP: 000000000<br>LEI: 25490002BUTSMP94GO68 | Long             | EC               | CORP              | HK        |    352500 | NS      | $3318747.89   | 2.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Cummins Inc.                                 | Cummins Inc. COM                                            | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      6402 | NS      | $3444404.04   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients, Inc                     | Darling Ingredients, Inc COM                                | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |     73960 | NS      | $4574426.00   | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                    | Shell PLC SPON ADS                                          | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     42213 | NS      | $3925809.00   | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co Ltd.                   | West Fraser Timber Co Ltd. COM NPV                          | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     45750 | NS      | $2988171.23   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron, Inc.                                  | Itron, Inc. COM                                             | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |     31620 | NS      | $2834100.60   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                           | NextEra Energy Inc COM                                      | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     42408 | NS      | $3938855.04   | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Company                         | Weyerhaeuser Company COM NEW                                | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    132494 | NS      | $3236828.42   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                 | Ameren Corp. COM                                            | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     38538 | NS      | $4236096.96   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                    | Holcim AG CHF2 (REGD)                                       | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     40352 | NS      | $3335575.25   | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American PLC                           | Anglo American PLC ORD USD0.623855311355311                 | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |     68617 | NS      | $2946111.70   | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                        | Schneider Electric SE EUR4.00                               | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     13711 | NS      | $3734624.17   | 3.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                  | Nutrien Ltd COM                                             | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     42425 | NS      | $3201390.50   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Trust                          | Goldman Sachs Financial Square Government Fund              | CUSIP: 38141W273<br>LEI: S2FHCT8U6D2VORP0J605 | Long             | STIV             | RF                | US        |     81127 | NS      | $81126.78     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc.                                | NiSource Inc. COM                                           | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     85441 | NS      | $3986677.06   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                              | Xcel Energy Inc COM                                         | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     50016 | NS      | $3973271.04   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                         | Steel Dynamics, Inc. COM                                    | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     16941 | NS      | $3049380.00   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS NV                                       | JBS NV COM EUR0.01 CL A                                     | CUSIP: 000000000<br>LEI: 254900JSFON4WL81TW77 | Long             | EC               | CORP              | NL        |    196600 | NS      | $3530936.00   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| RWE AG                                       | RWE AG NPV                                                  | CUSIP: 000000000<br>LEI: 529900GB7KCA94ACC940 | Long             | EC               | CORP              | DE        |     57566 | NS      | $3872974.07   | 3.46%             |  |  |  | No            |                  2 | On Loan: No      |
| SLB LTD                                      | SLB Ltd. COM STK                                            | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     68168 | NS      | $3503153.52   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sse PLC                                      | Sse PLC GBP0.50                                             | CUSIP: 000000000<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |    104567 | NS      | $3614735.23   | 3.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingspan Group PLC                           | Kingspan Group PLC ORD EUR0.13                              | CUSIP: 000000000<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |     43896 | NS      | $3753542.20   | 3.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd.      | Contemporary Amperex Technology Co Ltd. CNY1 H SHS          | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     51100 | NS      | $4073087.24   | 3.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds | Morgan Stanley Institutional Liquidity Funds GOVT PTF INSTL | CUSIP: 61747C707<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |     81127 | NS      | $81126.78     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                    | BlackRock Liquidity Funds FEDFUND INSTL                     | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |     81127 | NS      | $81126.81     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                              | First Solar Inc COM                                         | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     12928 | NS      | $2550177.28   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust             | Fidelity Colchester Street Trust MNY MRKT FDS I             | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |     81127 | NS      | $81126.78     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** IVY FUNDS

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration