ICHAX: ICON Healthcare A

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ICHAX ICON Healthcare A

  • Fund
  • ICHAX
  • Price as of: Jan 16, 2020
  • $17.77
    + $0.11 + 0.62%

Profile

ICHAX - Profile

Vitals

  • YTD Return 2.8%
  • 3 Yr Annualized Return 7.0%
  • 5 Yr Annualized Return -1.0%
  • Net Assets $64.5 M
  • Holdings in Top 10 52.5%

52 WEEK LOW AND HIGH

$17.77
$14.29
$17.77

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.06%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 2.8%
  • 3 Yr Annualized Total Return 7.9%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    ICON Healthcare Fund Class A
  • Fund Family Name
    ICON Funds
  • Inception Date
    Sep 30, 2010
  • Shares Outstanding
    106662
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott 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 Health Care 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

ICHAX - Performance

Return Ranking - Trailing

Period ICHAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% 0.0% 6.2% 12.40%
1 Yr 12.9% 2.9% 41.8% 67.23%
3 Yr 7.0%* -9.3% 27.9% 66.06%
5 Yr -1.0%* -9.8% 14.7% 70.19%
10 Yr N/A* -2.7% 18.8% 27.27%

* Annualized

Return Ranking - Calendar

Period ICHAX Return Category Return Low Category Return High Rank in Category (%)
2019 15.7% 5.7% 55.4% 71.43%
2018 -4.5% -25.3% 21.5% 30.63%
2017 9.1% -10.8% 43.9% 77.06%
2016 -0.6% -31.6% 6.9% 3.77%
2015 -20.4% -20.4% 13.8% 100.00%

Total Return Ranking - Trailing

Period ICHAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% 0.0% 6.2% 12.40%
1 Yr 12.9% 2.9% 41.8% 67.23%
3 Yr 7.9%* -9.3% 31.1% 69.72%
5 Yr 4.8%* -9.8% 16.6% 51.92%
10 Yr N/A* -2.7% 18.8% 51.14%

* Annualized

Total Return Ranking - Calendar

Period ICHAX Return Category Return Low Category Return High Rank in Category (%)
2019 15.7% 5.7% 55.4% 71.43%
2018 -4.5% -25.3% 22.2% 38.74%
2017 12.0% -10.8% 45.8% 76.15%
2016 1.0% -26.4% 8.7% 4.72%
2015 1.3% -16.6% 15.2% 61.17%

NAV & Total Return History


Holdings

ICHAX - Holdings

Concentration Analysis

ICHAX Category Low Category High ICHAX % Rank
Net Assets 64.5 M 3.58 M 48.1 B 80.31%
Number of Holdings 34 18 399 91.47%
Net Assets in Top 10 32.7 M 71.5 K 17.4 B 79.07%
Weighting of Top 10 52.53% 21.3% 75.3% 10.08%

Top 10 Holdings

  1. UnitedHealth Group Inc 9.11%
  2. Merck & Co Inc 7.12%
  3. Eli Lilly and Co 5.95%
  4. Cigna Corp 5.22%
  5. Thermo Fisher Scientific Inc 5.08%
  6. Zoetis Inc Class A 4.72%
  7. Anthem Inc 4.21%
  8. WellCare Health Plans Inc 3.77%
  9. Bristol-Myers Squibb Company 3.74%
  10. Allergan PLC 3.62%

Asset Allocation

Weighting Return Low Return High ICHAX % Rank
Stocks
99.94% 48.12% 103.54% 9.30%
Cash
0.06% 0.00% 51.88% 88.37%
Preferred Stocks
0.00% 0.00% 1.08% 39.53%
Other
0.00% -27.41% 5.17% 56.59%
Convertible Bonds
0.00% 0.00% 1.54% 34.88%
Bonds
0.00% 0.00% 20.60% 31.78%

Stock Sector Breakdown

Weighting Return Low Return High ICHAX % Rank
Healthcare
93.91% 58.44% 100.00% 96.90%
Financial Services
6.09% 0.00% 6.09% 0.78%
Utilities
0.00% 0.00% 0.00% 26.36%
Technology
0.00% 0.00% 16.36% 49.61%
Real Estate
0.00% 0.00% 5.84% 31.78%
Industrials
0.00% 0.00% 2.40% 34.11%
Energy
0.00% 0.00% 0.43% 30.23%
Communication Services
0.00% 0.00% 1.02% 30.23%
Consumer Defense
0.00% 0.00% 36.20% 32.56%
Consumer Cyclical
0.00% 0.00% 10.50% 31.78%
Basic Materials
0.00% 0.00% 2.02% 44.19%

Stock Geographic Breakdown

Weighting Return Low Return High ICHAX % Rank
US
98.25% 48.12% 99.93% 3.10%
Non US
1.69% 0.00% 39.36% 94.57%

Expenses

ICHAX - Expenses

Operational Fees

ICHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.06% 0.10% 9.84% 20.47%
Management Fee 1.00% 0.09% 1.30% 82.95%
12b-1 Fee 0.25% 0.00% 1.00% 21.43%
Administrative Fee 0.05% 0.03% 0.40% 8.51%

Sales Fees

ICHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 19.23%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ICHAX 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.

ICHAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 0.00% 341.00% 18.55%

Distributions

ICHAX - Distributions

Dividend Yield Analysis

ICHAX Category Low Category High ICHAX % Rank
Dividend Yield 0.00% 0.00% 5.21% 34.11%

Dividend Distribution Analysis

ICHAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

ICHAX Category Low Category High ICHAX % Rank
Net Income Ratio -0.71% -2.24% 2.12% 82.68%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ICHAX - Fund Manager Analysis

Managers

Scott Callahan


Start Date

Tenure

Tenure Rank

Jan 23, 2018

1.94

1.9%

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.

Brian Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.59

0.6%

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. 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

0.59

0.6%

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
0.59 22.31 9.83 19.68