ICENX: ICON Energy S

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ICENX ICON Energy S


Profile

ICENX - Profile

Vitals

  • YTD Return -35.9%
  • 3 Yr Annualized Return -19.3%
  • 5 Yr Annualized Return -15.4%
  • Net Assets $55.7 M
  • Holdings in Top 10 73.3%

52 WEEK LOW AND HIGH

$6.22
$3.61
$10.01

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.63%

SALES FEES

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

BROKERAGE FEES

  • Turnover 69.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Energy

Distributions

  • YTD Total Return -35.9%
  • 3 Yr Annualized Total Return -19.3%
  • 5 Yr Annualized Total Return -15.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Icon Energy Fund
  • Fund Family Name
    ICON Funds
  • Inception Date
    Nov 05, 1997
  • Shares Outstanding
    8754611
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian 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 in the Energy sector. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.


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Categories

Performance

ICENX - Performance

Return Ranking - Trailing

Period ICENX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.9% -76.7% 227.6% 42.86%
1 Yr -33.5% -53.4% 163.9% 39.13%
3 Yr -19.3%* -36.9% 5.2% 60.61%
5 Yr -15.4%* -30.9% -5.8% 50.00%
10 Yr -8.7%* -16.1% -2.9% 64.86%

* Annualized

Return Ranking - Calendar

Period ICENX Return Category Return Low Category Return High Rank in Category (%)
2019 5.4% -31.6% 664.4% 50.72%
2018 -28.2% -59.6% -17.1% 48.48%
2017 -5.5% -24.5% 9.3% 46.15%
2016 24.4% 16.2% 51.1% 60.66%
2015 -23.1% -61.4% -17.3% 25.93%

Total Return Ranking - Trailing

Period ICENX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.9% -76.7% 227.6% 42.86%
1 Yr -33.5% -53.4% 163.9% 39.13%
3 Yr -19.3%* -36.3% 5.2% 62.12%
5 Yr -15.2%* -30.9% -5.8% 48.15%
10 Yr -5.5%* -16.1% -1.8% 35.14%

* Annualized

Total Return Ranking - Calendar

Period ICENX Return Category Return Low Category Return High Rank in Category (%)
2019 5.4% -31.6% 664.4% 50.72%
2018 -28.2% -59.6% -14.9% 48.48%
2017 -5.3% -23.4% 17.7% 46.15%
2016 24.9% 16.2% 51.1% 73.77%
2015 -22.3% -57.0% -16.6% 18.52%

NAV & Total Return History


Holdings

ICENX - Holdings

Concentration Analysis

ICENX Category Low Category High ICENX % Rank
Net Assets 55.7 M 3.37 M 4.62 B 52.86%
Number of Holdings 23 23 129 98.57%
Net Assets in Top 10 31.1 M 1.58 M 2.51 B 54.29%
Weighting of Top 10 73.32% 37.9% 73.3% 2.86%

Top 10 Holdings

  1. Exxon Mobil Corp 18.81%
  2. Chevron Corp 17.20%
  3. Phillips 66 6.98%
  4. Williams Companies Inc 5.28%
  5. Valero Energy Corp 4.70%
  6. Pioneer Natural Resources Co 4.32%
  7. Teekay LNG Partners LP 4.32%
  8. W R Grace & Co 4.30%
  9. Marathon Petroleum Corp 3.79%
  10. Chart Industries Inc 3.63%

Asset Allocation

Weighting Return Low Return High ICENX % Rank
Stocks
98.74% 78.07% 101.50% 37.14%
Cash
1.26% -1.50% 21.93% 64.29%
Preferred Stocks
0.00% 0.00% 1.85% 14.29%
Other
0.00% -2.83% 0.11% 17.14%
Convertible Bonds
0.00% 0.00% 0.00% 12.86%
Bonds
0.00% 0.00% 10.56% 24.29%

Stock Sector Breakdown

Weighting Return Low Return High ICENX % Rank
Energy
82.73% 40.86% 100.00% 72.86%
Industrials
9.40% 0.00% 10.96% 8.57%
Basic Materials
7.87% 0.00% 10.73% 11.43%
Utilities
0.00% 0.00% 57.09% 55.71%
Technology
0.00% 0.00% 12.08% 35.71%
Real Estate
0.00% 0.00% 0.13% 18.57%
Healthcare
0.00% 0.00% 0.00% 12.86%
Financial Services
0.00% 0.00% 2.68% 24.29%
Communication Services
0.00% 0.00% 0.00% 12.86%
Consumer Defense
0.00% 0.00% 0.00% 12.86%
Consumer Cyclical
0.00% 0.00% 4.02% 18.57%

Stock Geographic Breakdown

Weighting Return Low Return High ICENX % Rank
US
98.74% 33.34% 101.50% 5.71%
Non US
0.00% 0.00% 66.37% 95.71%

Expenses

ICENX - Expenses

Operational Fees

ICENX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.63% 0.10% 4.80% 57.97%
Management Fee 1.00% 0.09% 1.25% 84.29%
12b-1 Fee 0.00% 0.00% 1.00% 2.27%
Administrative Fee 0.05% 0.05% 0.25% 17.65%

Sales Fees

ICENX 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

ICENX 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.

ICENX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 69.00% 7.00% 248.00% 69.70%

Distributions

ICENX - Distributions

Dividend Yield Analysis

ICENX Category Low Category High ICENX % Rank
Dividend Yield 0.00% 0.00% 0.36% 14.29%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ICENX Category Low Category High ICENX % Rank
Net Income Ratio 1.00% -1.61% 4.70% 43.48%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ICENX - Fund Manager Analysis

Managers

Brian Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.92

0.9%

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.

Craig Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.92

0.9%

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.

Scott Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.92

0.9%

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
0.29 22.1 5.44 0.33