ICON Risk-Managed Balanced S
Name
As of 09/25/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-10.1%
1 yr return
9.9%
3 Yr Avg Return
4.4%
5 Yr Avg Return
4.8%
Net Assets
$24.5 M
Holdings in Top 10
40.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 66.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/25/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
IOCZX - Profile
Distributions
- YTD Total Return -10.1%
- 3 Yr Annualized Total Return 4.4%
- 5 Yr Annualized Total Return 4.8%
- Capital Gain Distribution Frequency Quarterly
- Net Income Ratio 1.15%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameICON Risk-Managed Balanced Fund
-
Fund Family NameICON Funds
-
Inception DateMay 06, 2004
-
Shares Outstanding467979
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDonovan (Jerry) Paul
Fund Description
IOCZX - Performance
Return Ranking - Trailing
Period | IOCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.1% | -28.4% | 21.0% | 95.39% |
1 Yr | 9.9% | -17.4% | 29.4% | 53.93% |
3 Yr | 4.4%* | -3.8% | 16.2% | 79.36% |
5 Yr | 4.8%* | 0.2% | 12.8% | 91.22% |
10 Yr | 6.3%* | 1.8% | 12.8% | 88.20% |
* Annualized
Return Ranking - Calendar
Period | IOCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.7% | -5.8% | 25.7% | 1.52% |
2022 | -12.3% | -32.7% | 0.0% | 59.48% |
2021 | 8.9% | -6.5% | 22.4% | 43.46% |
2020 | 2.5% | -43.7% | 23.3% | 69.66% |
2019 | -0.7% | -32.5% | 1.2% | 1.48% |
Total Return Ranking - Trailing
Period | IOCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.1% | -28.4% | 21.0% | 95.39% |
1 Yr | 9.9% | -17.9% | 29.3% | 45.78% |
3 Yr | 4.4%* | -3.8% | 16.2% | 75.69% |
5 Yr | 4.8%* | 0.2% | 12.8% | 89.83% |
10 Yr | 6.3%* | 1.8% | 12.8% | 87.64% |
* Annualized
Total Return Ranking - Calendar
Period | IOCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.7% | -5.8% | 25.7% | 1.52% |
2022 | -11.5% | -32.7% | 0.8% | 77.04% |
2021 | 10.4% | -3.7% | 31.9% | 71.90% |
2020 | 4.2% | -43.7% | 23.3% | 78.47% |
2019 | 0.2% | -32.5% | 5.6% | 12.78% |
NAV & Total Return History
IOCZX - Holdings
Concentration Analysis
IOCZX | Category Low | Category High | IOCZX % Rank | |
---|---|---|---|---|
Net Assets | 24.5 M | 744 K | 171 B | 93.97% |
Number of Holdings | 58 | 2 | 19801 | 52.55% |
Net Assets in Top 10 | 9.99 M | 645 K | 26.7 B | 94.60% |
Weighting of Top 10 | 40.74% | 9.7% | 100.0% | 49.75% |
Top 10 Holdings
- Bristol-Myers Squibb Company 5.58%
- Union Pacific Corp 4.73%
- Qualcomm Inc 4.52%
- Whirlpool Corp 4.28%
- Prudential Financial Inc 3.93%
- Rent-A-Center Inc 3.86%
- Hubbell Inc 3.67%
- Nexstar Media Group Inc Class A 3.45%
- ViacomCBS Inc Class B 3.39%
- Northrop Grumman Corp 3.35%
Asset Allocation
Weighting | Return Low | Return High | IOCZX % Rank | |
---|---|---|---|---|
Stocks | 77.52% | 0.00% | 140.75% | 0.87% |
Bonds | 21.15% | -2.15% | 97.64% | 91.69% |
Cash | 1.06% | -40.75% | 89.35% | 88.03% |
Preferred Stocks | 0.18% | 0.00% | 29.80% | 40.00% |
Convertible Bonds | 0.08% | 0.00% | 27.22% | 86.72% |
Other | 0.02% | -2.35% | 30.21% | 41.31% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IOCZX % Rank | |
---|---|---|---|---|
Industrials | 29.08% | 0.00% | 36.77% | 0.29% |
Consumer Cyclical | 16.98% | 0.00% | 24.01% | 2.34% |
Technology | 16.92% | 0.00% | 50.72% | 65.99% |
Financial Services | 16.01% | 0.00% | 100.00% | 21.31% |
Healthcare | 9.50% | 0.00% | 38.14% | 92.55% |
Communication Services | 8.81% | 0.00% | 43.64% | 51.82% |
Basic Materials | 2.69% | 0.00% | 29.66% | 71.53% |
Utilities | 0.00% | 0.00% | 100.00% | 92.55% |
Real Estate | 0.00% | 0.00% | 100.00% | 93.28% |
Energy | 0.00% | 0.00% | 90.89% | 92.85% |
Consumer Defense | 0.00% | 0.00% | 17.85% | 97.96% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IOCZX % Rank | |
---|---|---|---|---|
US | 77.52% | 0.00% | 137.50% | 0.88% |
Non US | 0.00% | 0.00% | 44.78% | 96.20% |
Bond Sector Breakdown
Weighting | Return Low | Return High | IOCZX % Rank | |
---|---|---|---|---|
Corporate | 80.14% | 0.00% | 97.16% | 2.63% |
Cash & Equivalents | 7.47% | 0.12% | 100.00% | 72.12% |
Municipal | 5.40% | 0.00% | 24.46% | 6.72% |
Government | 4.40% | 0.00% | 98.23% | 93.14% |
Derivative | 2.06% | 0.00% | 34.99% | 18.83% |
Securitized | 0.53% | 0.00% | 58.65% | 88.47% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | IOCZX % Rank | |
---|---|---|---|---|
US | 18.58% | -6.75% | 73.76% | 89.78% |
Non US | 2.57% | -6.01% | 73.06% | 68.47% |
IOCZX - Expenses
Operational Fees
IOCZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.51% | 0.01% | 4.93% | 14.11% |
Management Fee | 0.75% | 0.00% | 1.75% | 86.93% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.46% |
Administrative Fee | 0.10% | 0.01% | 0.83% | 38.92% |
Sales Fees
IOCZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
IOCZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
IOCZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 66.00% | 0.00% | 484.00% | 69.81% |
IOCZX - Distributions
Dividend Yield Analysis
IOCZX | Category Low | Category High | IOCZX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.38% | 0.00% | 9.90% | 4.12% |
Dividend Distribution Analysis
IOCZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
IOCZX | Category Low | Category High | IOCZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.15% | -4.40% | 11.02% | 81.75% |
Capital Gain Distribution Analysis
IOCZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Quarterly | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.035 | |
Dec 28, 2018 | $0.057 | |
Sep 28, 2018 | $0.026 | |
Jun 29, 2018 | $0.035 | |
Mar 29, 2018 | $0.029 | |
Dec 29, 2017 | $0.057 | |
Sep 29, 2017 | $0.044 | |
Jun 30, 2017 | $0.054 | |
Mar 31, 2017 | $0.049 | |
Dec 30, 2016 | $0.085 | |
Sep 30, 2016 | $0.040 | |
Jun 30, 2016 | $0.051 | |
Mar 31, 2016 | $0.054 | |
Dec 31, 2015 | $0.027 | |
Sep 30, 2015 | $0.057 | |
Jun 30, 2015 | $0.030 | |
Mar 31, 2015 | $0.010 | |
Dec 31, 2014 | $0.056 | |
Sep 30, 2014 | $0.037 | |
Jun 30, 2014 | $0.054 | |
Mar 31, 2014 | $0.067 | |
Dec 31, 2013 | $0.065 | |
Sep 30, 2013 | $0.037 | |
Jun 28, 2013 | $0.048 | |
Mar 28, 2013 | $0.044 | |
Dec 31, 2012 | $0.074 | |
Sep 28, 2012 | $0.047 | |
Jun 29, 2012 | $0.035 | |
Mar 30, 2012 | $0.001 | |
Dec 30, 2011 | $0.037 | |
Oct 03, 2011 | $0.023 | |
Jul 01, 2011 | $0.065 | |
Dec 31, 2010 | $0.058 | |
Jul 01, 2010 | $0.019 | |
Apr 01, 2010 | $0.046 | |
Jul 01, 2009 | $0.022 | |
Apr 01, 2009 | $0.094 | |
Dec 31, 2008 | $0.045 | |
Oct 01, 2008 | $0.037 | |
Jul 01, 2008 | $0.065 | |
Dec 21, 2004 | $0.191 |
IOCZX - Fund Manager Analysis
Managers
Donovan (Jerry) Paul
Start Date
Tenure
Tenure Rank
Mar 17, 2014
6.46
6.5%
Donovan “Jerry” Paul, CFA, joined ICON Advisers, Inc in July 2013 as a Portfolio Manager.He is Senior Vice President of Fixed Income and serves as Co-Portfolio Manager of the ICON Bond and ICON Risk-Managed Balanced Funds. Mr. Paul was named Morningstar’s Fixed Income Manager of the Year for 1999 while he managed high yield bonds for INVESCO. Mr. Paul’s professional investment experience includes over thirty eight years in fixed income portfolio management and research. Before joining ICON he was a senior vice president, director of fixed-income research and portfolio manager of INVESCO Funds Group (1994-2001), founder and managing partner of Quixote Capital Management, LLC, (2002-2009), partner of Essential Investment Partners, LLC, (2009-2011) and Senior Vice President Western Alliance Bancorporation (2012). He holds an MBA from the University of Northern Iowa and BBA from the University of Iowa. He holds the FINRA Series 7 and 63 registrations.
Scott Callahan
Start Date
Tenure
Tenure Rank
Nov 15, 2017
2.79
2.8%
Scott Callahan joined ICON in 2005 as a Research Analyst and was promoted to Assistant Portfolio Manager in January 2006. He left ICON in August 2006 to pursue his MBA, which he received from New York University in 2008. Mr. Callahan became a Portfolio Manager in 2008. Mr. Callahan received a bachelor’s degree in psychology from the University of Colorado.
Brian Callahan
Start Date
Tenure
Tenure Rank
May 30, 2019
1.26
1.3%
Brian Callahan is ICON’s Investment Committee member for separately managed accounts (SMAs) and institutional accounts. He first joined ICON in 2000 as a Research Analyst while attending Colorado State University. In 2007, he received a master’s in business administration from The Ohio State University and returned as a Research Analyst. In 2008, he became an Investment Committee member and Portfolio Manager.From 2008 until January 2011 he managed ICON’s separately managed accounts. From 2011 to 2014 Mr. Callahan was ICON’s Director of Marketing. From 2014 to 2018 Mr. Callahan managed ICON’s strategy based portfolios and tactical allocation portfolios .He was previously employed as a treasury administrator at Citi Fund Services . He holds a FINRA Series 7 registration.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 36.69 | 6.25 | 0.67 |