ICONX: ICON Opportunities

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ICONX ICON Opportunities


Profile

ICONX - Profile

Vitals

  • YTD Return 4.9%
  • 3 Yr Annualized Return -3.0%
  • 5 Yr Annualized Return 1.4%
  • Net Assets $16.5 M
  • Holdings in Top 10 50.5%

52 WEEK LOW AND HIGH

$15.18
$12.18
$15.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 41.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 4.9%
  • 3 Yr Annualized Total Return -3.0%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    ICON Opportunities Fund
  • Fund Family Name
    ICON Funds
  • Inception Date
    Sep 28, 2012
  • Shares Outstanding
    1160725
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Craig Callahan

Fund Description

Normally, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in companies with a market capitalization that are within or below the range of companies in the S&P SmallCap 600 Index. The market capitalization of the companies in the fund's portfolio and the S&P SmallCap 600 Index changes over time and the fund will not sell a security just because the company has grown to a market capitalization outside the range.


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Categories

Performance

ICONX - Performance

Return Ranking - Trailing

Period ICONX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.9% -2.7% 13.3% 54.65%
1 Yr 14.4% -39.4% 37.1% 18.30%
3 Yr -3.0%* -53.1% 27.7% 83.92%
5 Yr 1.4%* -39.1% 24.1% 50.10%
10 Yr N/A* -17.7% 16.4% N/A

* Annualized

Return Ranking - Calendar

Period ICONX Return Category Return Low Category Return High Rank in Category (%)
2019 30.0% -49.8% 425.7% 9.67%
2018 -43.1% -54.2% 18.6% 99.66%
2017 23.0% -73.6% 36.1% 15.08%
2016 18.1% -49.0% 133.1% 9.88%
2015 -1.5% -70.7% 173.7% 10.06%

Total Return Ranking - Trailing

Period ICONX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.9% -2.7% 13.3% 54.65%
1 Yr 14.4% -39.4% 37.1% 18.30%
3 Yr -3.0%* -23.1% 27.7% 92.42%
5 Yr 1.7%* -17.7% 28.3% 74.63%
10 Yr N/A* -7.6% 27.2% N/A

* Annualized

Total Return Ranking - Calendar

Period ICONX Return Category Return Low Category Return High Rank in Category (%)
2019 30.0% -49.8% 425.7% 9.67%
2018 -43.1% -54.2% 18.6% 99.66%
2017 23.0% -5.9% 42.0% 36.87%
2016 19.7% -16.4% 133.1% 8.70%
2015 -1.4% -59.6% 200.6% 24.11%

NAV & Total Return History


Holdings

ICONX - Holdings

Concentration Analysis

ICONX Category Low Category High ICONX % Rank
Net Assets 16.5 M 4.64 M 25.7 B 93.53%
Number of Holdings 29 1 2020 99.84%
Net Assets in Top 10 8.59 M 369 K 2.44 B 86.44%
Weighting of Top 10 50.48% 5.2% 100.0% 1.58%

Top 10 Holdings

  1. Diodes Inc 6.13%
  2. LGI Homes Inc 5.69%
  3. Five Below Inc 5.26%
  4. Axos Financial Inc 5.09%
  5. Armstrong World Industries Inc 5.08%
  6. KB Home 4.99%
  7. Essent Group Ltd 4.83%
  8. Methode Electronics Inc Class A 4.49%
  9. Chart Industries Inc 4.48%
  10. Brunswick Corp 4.44%

Asset Allocation

Weighting Return Low Return High ICONX % Rank
Stocks
99.38% 86.87% 109.00% 13.88%
Cash
0.63% -3.87% 16.68% 85.02%
Preferred Stocks
0.00% 0.00% 3.57% 75.71%
Other
0.00% -13.22% 7.79% 76.97%
Convertible Bonds
0.00% 0.00% 0.00% 74.13%
Bonds
0.00% 0.00% 0.13% 74.92%

Stock Sector Breakdown

Weighting Return Low Return High ICONX % Rank
Industrials
33.12% 2.68% 39.66% 0.95%
Consumer Cyclical
26.29% 0.00% 27.51% 0.47%
Technology
24.51% 2.71% 77.08% 43.22%
Financial Services
12.84% 0.00% 22.83% 15.30%
Basic Materials
2.91% 0.00% 9.73% 37.07%
Healthcare
0.15% 0.15% 44.56% 100.00%
Real Estate
0.07% 0.00% 13.39% 81.07%
Utilities
0.03% 0.00% 7.29% 28.86%
Energy
0.03% 0.00% 10.09% 79.50%
Consumer Defense
0.03% 0.00% 14.85% 96.85%
Communication Services
0.02% 0.00% 11.20% 79.50%

Stock Geographic Breakdown

Weighting Return Low Return High ICONX % Rank
US
99.37% 81.58% 108.58% 2.68%
Non US
0.01% 0.00% 14.94% 89.59%

Expenses

ICONX - Expenses

Operational Fees

ICONX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.45% 0.06% 4.73% 34.25%
Management Fee 0.75% 0.05% 1.59% 39.18%
12b-1 Fee 0.00% 0.00% 1.00% 16.85%
Administrative Fee 0.05% 0.01% 0.40% 21.69%

Sales Fees

ICONX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ICONX 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.

ICONX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 8.00% 474.00% 29.55%

Distributions

ICONX - Distributions

Dividend Yield Analysis

ICONX Category Low Category High ICONX % Rank
Dividend Yield 0.00% 0.00% 27.99% 74.76%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ICONX Category Low Category High ICONX % Rank
Net Income Ratio -0.54% -2.40% 1.11% 52.43%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ICONX - Fund Manager Analysis

Managers

Craig Callahan


Start Date

Tenure

Tenure Rank

Sep 28, 2012

7.35

7.4%

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
0.04 28.51 7.9 2.92