ICON Natural Resources and Infras Instl
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-0.3%
1 yr return
4.7%
3 Yr Avg Return
14.1%
5 Yr Avg Return
9.3%
Net Assets
$123 M
Holdings in Top 10
41.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 94.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Natural Resources
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
ICBMX - Profile
Distributions
- YTD Total Return -0.3%
- 3 Yr Annualized Total Return 14.1%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 5.1%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameICON Natural Resources and Infrastructure Fund
-
Fund Family NameICON Funds
-
Inception DateMay 05, 1997
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCraig Callahan
Fund Description
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies the Advisor considers Natural Resources and/or Infrastructure focused, which are companies in the Energy, Industrials, Materials and Utilities sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.
ICBMX - Performance
Return Ranking - Trailing
| Period | ICBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -22.2% | 36.4% | 56.92% |
| 1 Yr | 4.7% | -27.9% | 78.1% | 72.80% |
| 3 Yr | 14.1%* | -3.7% | 35.1% | 56.36% |
| 5 Yr | 9.3%* | -5.0% | 20.4% | 54.21% |
| 10 Yr | 8.3%* | -8.8% | 13.4% | 24.00% |
* Annualized
Return Ranking - Calendar
| Period | ICBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 28.9% | -4.9% | 83.5% | 30.43% |
| 2020 | 5.2% | -23.4% | 126.4% | 62.96% |
| 2019 | 20.2% | -25.1% | 36.9% | 21.50% |
| 2018 | -32.0% | -46.3% | -6.8% | 94.12% |
| 2017 | 15.5% | -39.4% | 59.0% | 53.00% |
Total Return Ranking - Trailing
| Period | ICBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -26.6% | 36.4% | 56.15% |
| 1 Yr | 4.7% | -27.9% | 78.1% | 73.08% |
| 3 Yr | 14.1%* | -4.6% | 35.1% | 59.50% |
| 5 Yr | 9.3%* | -5.3% | 20.4% | 57.63% |
| 10 Yr | 8.3%* | -8.8% | 13.9% | 30.63% |
* Annualized
Total Return Ranking - Calendar
| Period | ICBMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 28.9% | -4.9% | 83.5% | 30.43% |
| 2020 | 5.2% | -23.4% | 126.4% | 62.96% |
| 2019 | 20.2% | -25.1% | 36.9% | 21.50% |
| 2018 | -32.0% | -46.3% | -6.7% | 95.10% |
| 2017 | 15.5% | -3.9% | 59.0% | 53.00% |
NAV & Total Return History
ICBMX - Holdings
Concentration Analysis
| ICBMX | Category Low | Category High | ICBMX % Rank | |
|---|---|---|---|---|
| Net Assets | 123 M | 1.69 M | 8.13 B | 79.34% |
| Number of Holdings | 37 | 23 | 422 | 76.30% |
| Net Assets in Top 10 | 53.1 M | 4.23 K | 4.76 B | 71.11% |
| Weighting of Top 10 | 41.53% | 17.9% | 73.9% | 62.22% |
Top 10 Holdings
- Avery Dennison Corp 6.36%
- Diamondback Energy Inc 5.90%
- Packaging Corp of America 5.53%
- International Paper Co 4.98%
- Martin Marietta Materials Inc 4.82%
- Chart Industries Inc 4.74%
- Eagle Materials Inc 4.55%
- MasTec Inc 4.33%
- Atlantica Sustainable Infrastructure PLC 4.14%
- RPM International Inc 3.97%
Asset Allocation
| Weighting | Return Low | Return High | ICBMX % Rank | |
|---|---|---|---|---|
| Stocks | 99.99% | 82.64% | 100.48% | 18.38% |
| Cash | 0.01% | -1.77% | 12.57% | 74.07% |
| Preferred Stocks | 0.00% | 0.00% | 0.70% | 39.26% |
| Other | 0.00% | -2.69% | 6.66% | 36.30% |
| Convertible Bonds | 0.00% | 0.00% | 0.59% | 35.56% |
| Bonds | 0.00% | -2.00% | 4.20% | 38.97% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ICBMX % Rank | |
|---|---|---|---|---|
| Industrials | 45.07% | 0.00% | 69.15% | 21.48% |
| Energy | 23.06% | 0.00% | 90.52% | 45.19% |
| Basic Materials | 14.95% | 0.00% | 100.00% | 78.52% |
| Consumer Cyclical | 12.37% | 0.00% | 43.28% | 10.37% |
| Utilities | 3.36% | 0.00% | 46.99% | 28.15% |
| Consumer Defense | 1.19% | 0.00% | 33.66% | 44.44% |
| Technology | 0.00% | 0.00% | 19.53% | 65.93% |
| Real Estate | 0.00% | 0.00% | 36.20% | 53.33% |
| Healthcare | 0.00% | 0.00% | 22.78% | 54.07% |
| Financial Services | 0.00% | 0.00% | 4.52% | 44.44% |
| Communication Services | 0.00% | 0.00% | 0.21% | 34.07% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ICBMX % Rank | |
|---|---|---|---|---|
| US | 96.63% | 8.38% | 100.12% | 8.15% |
| Non US | 3.36% | 0.00% | 90.79% | 93.33% |
ICBMX - Expenses
Operational Fees
| ICBMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.28% | 0.01% | 6.05% | 24.09% |
| Management Fee | 1.00% | 0.00% | 1.25% | 94.21% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 9.26% |
| Administrative Fee | 0.10% | 0.03% | 0.25% | 20.00% |
Sales Fees
| ICBMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ICBMX 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.
| ICBMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 94.00% | 4.00% | 162.00% | 88.42% |
ICBMX - Distributions
Dividend Yield Analysis
| ICBMX | Category Low | Category High | ICBMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.12% | 0.00% | 18.72% | 36.50% |
Dividend Distribution Analysis
| ICBMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Semi-Annually |
Net Income Ratio Analysis
| ICBMX | Category Low | Category High | ICBMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -3.48% | 9.06% | 76.52% |
Capital Gain Distribution Analysis
| ICBMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 31, 2021 | $0.234 | OrdinaryDividend |
| Jul 09, 2020 | $0.192 | OrdinaryDividend |
| Dec 20, 2019 | $0.053 | OrdinaryDividend |
| Dec 20, 2018 | $0.073 | OrdinaryDividend |
| Dec 21, 2016 | $0.074 | OrdinaryDividend |
| Sep 24, 2015 | $0.006 | ExtraDividend |
| Dec 19, 2014 | $0.035 | OrdinaryDividend |
| Dec 20, 2013 | $0.063 | OrdinaryDividend |
| Dec 14, 2012 | $0.175 | OrdinaryDividend |
| Dec 16, 2011 | $0.104 | OrdinaryDividend |
| Dec 17, 2010 | $0.059 | OrdinaryDividend |
| Dec 17, 2009 | $0.105 | OrdinaryDividend |
| Dec 15, 2008 | $0.081 | OrdinaryDividend |
| Dec 21, 2004 | $0.014 | OrdinaryDividend |
| Dec 17, 2003 | $0.034 | OrdinaryDividend |
| Dec 31, 2002 | $0.001 | ExtraDividend |
| Dec 16, 2002 | $0.011 | OrdinaryDividend |
| Dec 17, 2001 | $0.027 | OrdinaryDividend |
ICBMX - Fund Manager Analysis
Managers
Craig Callahan
Start Date
Tenure
Tenure Rank
May 30, 2019
2.92
2.9%
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.
Brian Callahan
Start Date
Tenure
Tenure Rank
May 30, 2019
2.92
2.9%
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
2.92
2.9%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 24.1 | 6.64 | 0.08 |