ICNAX: ICON Fund A

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ICNAX ICON Fund A


Profile

ICNAX - Profile

Vitals

  • YTD Return -16.4%
  • 3 Yr Annualized Return -0.8%
  • 5 Yr Annualized Return 2.1%
  • Net Assets $36.5 M
  • Holdings in Top 10 54.5%

52 WEEK LOW AND HIGH

$16.59
$11.93
$20.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.72%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -16.4%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.18%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    ICON Fund
  • Fund Family Name
    ICON Funds
  • Inception Date
    May 31, 2006
  • Shares Outstanding
    407473
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Craig Callahan

Fund Description

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities traded in the U.S. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization.


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Categories

Performance

ICNAX - Performance

Return Ranking - Trailing

Period ICNAX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.4% -91.6% 68.8% 98.78%
1 Yr -9.7% -91.9% 61.2% 95.97%
3 Yr -0.8%* -58.9% 38.1% 84.95%
5 Yr 2.1%* -41.3% 20.3% 67.70%
10 Yr 7.2%* -18.2% 18.3% 62.14%

* Annualized

Return Ranking - Calendar

Period ICNAX Return Category Return Low Category Return High Rank in Category (%)
2019 33.3% -67.9% 49.9% 8.22%
2018 -20.3% -65.5% 10.6% 84.82%
2017 28.1% -46.3% 52.2% 9.52%
2016 8.6% -43.3% 15.3% 4.80%
2015 -11.8% -82.5% 11.4% 88.70%

Total Return Ranking - Trailing

Period ICNAX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.4% -91.6% 68.8% 98.78%
1 Yr -9.7% -91.9% 61.2% 95.97%
3 Yr -0.8%* -57.8% 38.1% 92.09%
5 Yr 2.1%* -38.6% 26.2% 85.78%
10 Yr 7.2%* -16.3% 22.3% 85.87%

* Annualized

Total Return Ranking - Calendar

Period ICNAX Return Category Return Low Category Return High Rank in Category (%)
2019 33.3% -67.9% 49.9% 8.22%
2018 -20.3% -65.5% 16.5% 89.66%
2017 28.1% -28.2% 52.2% 37.04%
2016 8.6% -43.3% 17.1% 11.08%
2015 -11.8% -38.0% 17.3% 94.70%

NAV & Total Return History


Holdings

ICNAX - Holdings

Concentration Analysis

ICNAX Category Low Category High ICNAX % Rank
Net Assets 36.5 M 858 K 206 B 91.74%
Number of Holdings 32 1 2152 89.85%
Net Assets in Top 10 19.4 M 399 K 55.4 B 89.39%
Weighting of Top 10 54.50% 13.8% 100.0% 6.44%

Top 10 Holdings

  1. Skyworks Solutions Inc 8.21%
  2. Global Payments Inc 6.85%
  3. Bank of America Corp 6.48%
  4. EPAM Systems Inc 5.28%
  5. Signature Bank 4.76%
  6. Martin Marietta Materials Inc 4.76%
  7. Mastercard Inc A 4.74%
  8. Adobe Inc 4.68%
  9. Northrop Grumman Corp 4.56%
  10. Bristol-Myers Squibb Company 4.17%

Asset Allocation

Weighting Return Low Return High ICNAX % Rank
Stocks
99.74% 82.99% 100.32% 13.48%
Cash
0.25% -1.02% 17.02% 83.64%
Preferred Stocks
0.00% 0.00% 2.51% 9.32%
Other
0.00% -9.83% 5.14% 15.30%
Convertible Bonds
0.00% 0.00% 0.20% 1.36%
Bonds
0.00% -0.24% 2.77% 5.53%

Stock Sector Breakdown

Weighting Return Low Return High ICNAX % Rank
Technology
23.72% 10.36% 54.73% 80.83%
Financial Services
21.22% 0.00% 41.40% 4.17%
Industrials
18.32% 0.00% 24.88% 1.29%
Consumer Cyclical
12.50% 0.00% 29.26% 69.85%
Healthcare
9.62% 0.00% 48.60% 94.39%
Basic Materials
5.94% 0.00% 11.07% 3.18%
Consumer Defense
5.74% 0.00% 21.78% 26.67%
Energy
2.79% 0.00% 7.42% 6.06%
Communication Services
0.10% 0.00% 29.93% 97.88%
Utilities
0.03% 0.00% 6.86% 32.12%
Real Estate
0.03% 0.00% 22.16% 77.73%

Stock Geographic Breakdown

Weighting Return Low Return High ICNAX % Rank
US
90.70% 78.13% 100.26% 66.36%
Non US
9.04% 0.00% 17.42% 21.06%

Expenses

ICNAX - Expenses

Operational Fees

ICNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.72% 0.01% 24.73% 19.13%
Management Fee 0.75% 0.00% 1.40% 74.87%
12b-1 Fee 0.25% 0.00% 1.00% 20.90%
Administrative Fee 0.05% 0.01% 1.02% 17.69%

Sales Fees

ICNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 8.50% 1.05%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ICNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

ICNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 0.00% 464.00% 35.17%

Distributions

ICNAX - Distributions

Dividend Yield Analysis

ICNAX Category Low Category High ICNAX % Rank
Dividend Yield 0.00% 0.00% 20.53% 3.57%

Dividend Distribution Analysis

ICNAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ICNAX Category Low Category High ICNAX % Rank
Net Income Ratio -0.18% -2.06% 2.43% 63.86%

Capital Gain Distribution Analysis

ICNAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ICNAX - Fund Manager Analysis

Managers

Craig Callahan


Start Date

Tenure

Tenure Rank

Jan 24, 2011

9.44

9.4%

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
0.08 52.53 8.32 1.17