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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.19

$20.9 M

2.52%

$0.20

1.65%

Vitals

YTD Return

1.7%

1 yr return

-8.2%

3 Yr Avg Return

-2.2%

5 Yr Avg Return

3.3%

Net Assets

$20.9 M

Holdings in Top 10

67.1%

52 WEEK LOW AND HIGH

$8.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 33.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.19

$20.9 M

2.52%

$0.20

1.65%

ICTVX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return -2.2%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.80%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ICON UTILITIES AND INCOME FUND
  • Fund Family Name
    SHELTONCAP
  • Inception Date
    Jul 09, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brian Callahan

Fund Description

The Fund uses a quantitative methodology to identify securities ICON Advisers, Inc. (“ICON”) the Fund’s investment sub-advisor believes are underpriced relative to value. It normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Utilities sectors (as determined by the Global Industry Classification Standard) including, but not limited to: Electric Utilities, Gas Utilities, Independent Power Producers & Energy Traders, Multi-utilities, Renewable Electricity and Water Utilities. This strategy may not be changed unless the Fund shareholders are given at least 60 days prior notice. Equity securities in which the Fund may invest include common stocks and preferred stocks of companies of any market capitalization.

ICON’s quantitative methodology calculates intrinsic value using average earnings per share, future earnings growth estimates, beta, and bond yield. This calculated intrinsic value for each individual stock is aggregated by industry and sector which enables ICON to identify value opportunities within industries and sectors. ICON then employs a tactical, rotation-based process that tilts the Fund toward industries and sectors ICON believes will outperform.

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ICTVX - Performance

Return Ranking - Trailing

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -7.4% 8.5% 74.58%
1 Yr -8.2% -17.9% 11.0% 98.31%
3 Yr -2.2%* -13.0% 9.9% 89.83%
5 Yr 3.3%* -10.6% 7.6% 75.86%
10 Yr 6.8%* -2.6% 8.5% 48.08%

* Annualized

Return Ranking - Calendar

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
2023 -15.4% -20.0% 0.8% 93.22%
2022 -9.5% -21.0% 3.5% 77.97%
2021 12.8% 0.2% 26.5% 27.12%
2020 -4.3% -18.4% 8.1% 54.24%
2019 15.6% 7.0% 26.2% 75.86%

Total Return Ranking - Trailing

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -7.4% 8.5% 74.58%
1 Yr -8.2% -17.9% 11.0% 98.31%
3 Yr -2.2%* -13.0% 9.9% 89.83%
5 Yr 3.3%* -10.6% 7.6% 75.86%
10 Yr 6.8%* -2.6% 8.5% 48.08%

* Annualized

Total Return Ranking - Calendar

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
2023 -12.1% -19.5% 3.4% 98.31%
2022 4.6% -19.7% 19.1% 16.95%
2021 21.8% 5.6% 30.1% 5.08%
2020 1.3% -18.1% 9.0% 44.07%
2019 21.9% 9.7% 29.4% 68.97%

NAV & Total Return History


ICTVX - Holdings

Concentration Analysis

ICTVX Category Low Category High ICTVX % Rank
Net Assets 20.9 M 14.4 M 13.2 B 89.83%
Number of Holdings 18 18 220 98.31%
Net Assets in Top 10 15.6 M 6.12 M 8.34 B 86.44%
Weighting of Top 10 67.06% 30.3% 76.1% 15.25%

Top 10 Holdings

  1. First American Funds Inc. GOVT OBLIGS X 12.10%
  2. Xcel Energy Inc COM USD2.5 7.31%
  3. American Electric Power Co, Inc. COM USD6.50 6.93%
  4. Nextera Energy Inc COM USD0.01 6.76%
  5. Ameren Corp. COM USD0.01 6.24%
  6. Atmos Energy Corp. COM NPV 6.00%
  7. National Fuel Gas Company COM USD1 5.52%
  8. Allete Inc COM NPV 5.46%
  9. NiSource Inc. COM USD0.01 5.40%
  10. Spire Inc COM USD1 5.35%

Asset Allocation

Weighting Return Low Return High ICTVX % Rank
Stocks
88.55% 64.54% 115.46% 96.61%
Cash
12.10% -15.47% 31.45% 3.39%
Preferred Stocks
0.00% 0.00% 0.03% 45.76%
Other
0.00% -33.23% 0.41% 67.80%
Convertible Bonds
0.00% 0.00% 0.00% 45.76%
Bonds
0.00% 0.00% 26.16% 50.85%

Stock Sector Breakdown

Weighting Return Low Return High ICTVX % Rank
Utilities
76.92% 50.08% 100.00% 76.27%
Energy
9.93% 0.00% 31.61% 25.42%
Industrials
6.28% 0.00% 27.59% 10.17%
Financial Services
4.19% 0.00% 4.98% 11.86%
Communication Services
2.67% 0.00% 47.17% 37.29%
Technology
0.00% 0.00% 6.09% 67.80%
Real Estate
0.00% 0.00% 13.29% 59.32%
Healthcare
0.00% 0.00% 3.34% 47.46%
Consumer Defense
0.00% 0.00% 0.56% 47.46%
Consumer Cyclical
0.00% 0.00% 2.09% 45.76%
Basic Materials
0.00% 0.00% 4.68% 50.85%

Stock Geographic Breakdown

Weighting Return Low Return High ICTVX % Rank
US
88.55% 17.29% 99.93% 66.10%
Non US
0.00% 0.00% 47.25% 81.36%

ICTVX - Expenses

Operational Fees

ICTVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.65% 0.08% 2.50% 16.95%
Management Fee 1.00% 0.03% 1.00% 94.92%
12b-1 Fee 0.25% 0.00% 1.00% 41.94%
Administrative Fee 0.10% 0.04% 0.26% 20.00%

Sales Fees

ICTVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% 9.68%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ICTVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

ICTVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 3.00% 209.00% 64.29%

ICTVX - Distributions

Dividend Yield Analysis

ICTVX Category Low Category High ICTVX % Rank
Dividend Yield 2.52% 0.00% 10.00% 33.90%

Dividend Distribution Analysis

ICTVX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Quarterly Quarterly

Net Income Ratio Analysis

ICTVX Category Low Category High ICTVX % Rank
Net Income Ratio 1.80% 0.31% 7.85% 55.93%

Capital Gain Distribution Analysis

ICTVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Distributions History

View More +

ICTVX - Fund Manager Analysis

Managers

Brian Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

3.01

3.0%

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.

Scott Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

3.01

3.0%

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.

Craig Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

3.01

3.0%

Craig Callahan is the company Founder, Chief Executive Officer, President and Chairman of the Investment Committee of ICON Advisers, Inc. Mr. Callahan received his doctorate of business administration in finance and statistics from Kent State University in 1979 and a Bachelor of Science degree from Ohio State University in 1973. From 1986 to 2005, he served as ICON’s Chief Investment Officer. He holds the FINRA Series 7, 24, 63, 65, and 66 registrations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.43 10.19 8.09