ICTUX: ICON Utilities S

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ICTUX ICON Utilities S


Profile

ICTUX - Profile

Vitals

  • YTD Return 4.0%
  • 3 Yr Annualized Return 5.9%
  • 5 Yr Annualized Return 2.6%
  • Net Assets $52 M
  • Holdings in Top 10 46.0%

52 WEEK LOW AND HIGH

$10.39
$8.94
$10.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.57%

SALES FEES

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

BROKERAGE FEES

  • Turnover 144.00%

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 Utilities

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return 10.5%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.73%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ICON Utilities Fund Class S
  • Fund Family Name
    ICON Funds
  • Inception Date
    Jul 09, 1997
  • Shares Outstanding
    4628927
  • 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 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.


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Categories

Performance

ICTUX - Performance

Return Ranking - Trailing

Period ICTUX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -0.2% 5.2% 44.44%
1 Yr 15.1% 0.5% 33.9% 72.22%
3 Yr 5.9%* -5.6% 16.1% 73.08%
5 Yr 2.6%* -7.1% 10.4% 50.98%
10 Yr 6.3%* -6.8% 14.1% 48.84%

* Annualized

Return Ranking - Calendar

Period ICTUX Return Category Return Low Category Return High Rank in Category (%)
2019 15.8% 1.6% 26.2% 72.22%
2018 -0.6% -18.9% 4.1% 21.57%
2017 -0.7% -6.4% 13.4% 90.00%
2016 9.3% -0.4% 16.5% 44.00%
2015 -9.6% -27.8% -8.3% 12.24%

Total Return Ranking - Trailing

Period ICTUX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -0.2% 5.2% 44.44%
1 Yr 15.1% 3.0% 33.9% 70.37%
3 Yr 10.5%* -3.4% 16.1% 55.77%
5 Yr 8.4%* -6.6% 10.4% 21.57%
10 Yr 11.1%* 0.3% 14.1% 32.56%

* Annualized

Total Return Ranking - Calendar

Period ICTUX Return Category Return Low Category Return High Rank in Category (%)
2019 15.8% 4.1% 26.2% 72.22%
2018 3.8% -18.9% 5.1% 7.84%
2017 8.0% -3.7% 17.9% 82.00%
2016 22.6% -0.4% 23.7% 4.00%
2015 -6.6% -27.8% -5.5% 6.12%

NAV & Total Return History


Holdings

ICTUX - Holdings

Concentration Analysis

ICTUX Category Low Category High ICTUX % Rank
Net Assets 52 M 52 M 7.01 B 100.00%
Number of Holdings 30 29 255 88.89%
Net Assets in Top 10 23.3 M 23.3 M 3.37 B 100.00%
Weighting of Top 10 46.04% 14.3% 70.2% 48.15%

Top 10 Holdings

  1. NextEra Energy Inc 5.54%
  2. Sempra Energy 5.06%
  3. MDU Resources Group Inc 4.87%
  4. Dominion Energy Inc 4.61%
  5. Duke Energy Corp 4.49%
  6. Evergy Inc 4.43%
  7. Xcel Energy Inc 4.43%
  8. DTE Energy Co 4.27%
  9. Consolidated Edison Inc 4.22%
  10. PPL Corp 4.12%

Asset Allocation

Weighting Return Low Return High ICTUX % Rank
Stocks
99.62% 80.29% 140.65% 29.63%
Cash
0.38% -40.66% 19.12% 75.93%
Preferred Stocks
0.00% 0.00% 3.41% 74.07%
Other
0.00% -19.06% 0.94% 61.11%
Convertible Bonds
0.00% 0.00% 0.71% 75.93%
Bonds
0.00% 0.00% 15.45% 70.37%

Stock Sector Breakdown

Weighting Return Low Return High ICTUX % Rank
Utilities
79.92% 38.00% 99.07% 46.30%
Industrials
12.05% 0.00% 21.73% 5.56%
Basic Materials
4.89% 0.00% 7.38% 5.56%
Communication Services
3.14% 0.00% 30.34% 50.00%
Technology
0.00% 0.00% 3.82% 61.11%
Real Estate
0.00% 0.00% 4.74% 70.37%
Healthcare
0.00% 0.00% 3.66% 61.11%
Financial Services
0.00% 0.00% 8.71% 62.96%
Energy
0.00% 0.00% 31.24% 100.00%
Consumer Defense
0.00% 0.00% 6.85% 61.11%
Consumer Cyclical
0.00% 0.00% 7.08% 61.11%

Stock Geographic Breakdown

Weighting Return Low Return High ICTUX % Rank
US
98.48% 41.21% 104.14% 16.67%
Non US
1.14% 0.00% 62.60% 79.63%

Expenses

ICTUX - Expenses

Operational Fees

ICTUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.57% 0.10% 4.18% 33.33%
Management Fee 1.00% 0.09% 1.00% 94.44%
12b-1 Fee 0.00% 0.00% 1.00% 12.50%
Administrative Fee 0.05% 0.04% 0.26% 33.33%

Sales Fees

ICTUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ICTUX 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.

ICTUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 144.00% 1.00% 390.00% 92.59%

Distributions

ICTUX - Distributions

Dividend Yield Analysis

ICTUX Category Low Category High ICTUX % Rank
Dividend Yield 0.67% 0.00% 6.89% 24.07%

Dividend Distribution Analysis

ICTUX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

ICTUX Category Low Category High ICTUX % Rank
Net Income Ratio 2.73% 0.72% 3.22% 16.67%

Capital Gain Distribution Analysis

ICTUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

ICTUX - Fund Manager Analysis

Managers

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.

Scott Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.59

0.6%

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.

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
0.21 21.01 9.0 5.67