ICTVX: ICON Utilities A

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ICTVX ICON Utilities A


Profile

ICTVX - Profile

Vitals

  • YTD Return -15.1%
  • 3 Yr Annualized Return -2.6%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $49.1 M
  • Holdings in Top 10 47.7%

52 WEEK LOW AND HIGH

$8.32
$6.54
$10.54

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.77%

SALES FEES

  • Front Load 5.75%
  • 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 -15.1%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ICON Utilities Fund
  • Fund Family Name
    ICON Funds
  • Inception Date
    Sep 30, 2010
  • Shares Outstanding
    584715
  • Share Class
    A
  • 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

ICTVX - Performance

Return Ranking - Trailing

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.1% -36.1% 0.0% 35.19%
1 Yr -11.5% -37.3% 19.3% 50.00%
3 Yr -2.6%* -17.5% 9.4% 72.55%
5 Yr 0.0%* -13.7% 5.6% 44.00%
10 Yr N/A* -8.9% 7.3% N/A

* Annualized

Return Ranking - Calendar

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
2019 15.6% 1.6% 26.2% 74.07%
2018 -0.6% -18.9% 4.1% 23.53%
2017 -0.8% -6.4% 13.4% 92.00%
2016 9.0% -0.4% 16.5% 46.00%
2015 -9.7% -27.8% -8.3% 14.29%

Total Return Ranking - Trailing

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.1% -36.1% 0.0% 35.19%
1 Yr -11.5% -37.3% 19.3% 50.00%
3 Yr 1.3%* -17.5% 10.7% 50.98%
5 Yr 5.3%* -13.7% 5.9% 18.00%
10 Yr N/A* -2.9% 9.7% N/A

* Annualized

Total Return Ranking - Calendar

Period ICTVX Return Category Return Low Category Return High Rank in Category (%)
2019 15.6% 4.1% 26.2% 74.07%
2018 3.6% -18.9% 5.1% 11.76%
2017 7.8% -3.7% 17.9% 84.00%
2016 21.6% -0.4% 23.7% 6.00%
2015 -7.0% -27.8% -5.5% 8.16%

NAV & Total Return History


Holdings

ICTVX - Holdings

Concentration Analysis

ICTVX Category Low Category High ICTVX % Rank
Net Assets 49.1 M 49.1 M 6.71 B 98.15%
Number of Holdings 30 30 268 90.74%
Net Assets in Top 10 26.3 M 26.3 M 3.17 B 98.15%
Weighting of Top 10 47.74% 19.7% 69.9% 33.33%

Top 10 Holdings

  1. Dominion Energy Inc 6.03%
  2. NextEra Energy Inc 5.85%
  3. Sempra Energy 5.08%
  4. Evergy Inc 4.65%
  5. Xcel Energy Inc 4.59%
  6. Duke Energy Corp 4.58%
  7. MDU Resources Group Inc 4.57%
  8. Consolidated Edison Inc 4.20%
  9. DTE Energy Co 4.17%
  10. PPL Corp 4.03%

Asset Allocation

Weighting Return Low Return High ICTVX % Rank
Stocks
99.39% 81.75% 140.65% 25.93%
Cash
0.61% -40.66% 14.19% 75.93%
Preferred Stocks
0.00% 0.00% 3.41% 29.63%
Other
0.00% -19.06% 0.94% 3.70%
Convertible Bonds
0.00% 0.00% 0.00% 1.85%
Bonds
0.00% -0.01% 15.45% 38.89%

Stock Sector Breakdown

Weighting Return Low Return High ICTVX % Rank
Utilities
81.40% 38.71% 99.09% 44.44%
Industrials
10.59% 0.00% 22.54% 3.70%
Basic Materials
4.60% 0.00% 6.11% 3.70%
Communication Services
3.41% 0.00% 25.47% 48.15%
Technology
0.00% 0.00% 4.43% 29.63%
Real Estate
0.00% 0.00% 5.62% 37.04%
Healthcare
0.00% 0.00% 1.70% 11.11%
Financial Services
0.00% 0.00% 8.48% 25.93%
Energy
0.00% 0.00% 31.24% 88.89%
Consumer Defense
0.00% 0.00% 7.45% 11.11%
Consumer Cyclical
0.00% 0.00% 4.21% 5.56%

Stock Geographic Breakdown

Weighting Return Low Return High ICTVX % Rank
US
98.36% 38.94% 100.66% 14.81%
Non US
1.03% 0.00% 62.60% 77.78%

Expenses

ICTVX - Expenses

Operational Fees

ICTVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.77% 0.10% 3.20% 16.67%
Management Fee 1.00% 0.09% 1.00% 83.33%
12b-1 Fee 0.25% 0.00% 1.00% 28.13%
Administrative Fee 0.05% 0.04% 0.26% 26.67%

Sales Fees

ICTVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 10.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ICTVX 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.

ICTVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 144.00% 3.00% 390.00% 90.74%

Distributions

ICTVX - Distributions

Dividend Yield Analysis

ICTVX Category Low Category High ICTVX % Rank
Dividend Yield 0.00% 0.00% 7.78% 24.07%

Dividend Distribution Analysis

ICTVX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Semi-Annually Monthly Quarterly

Net Income Ratio Analysis

ICTVX Category Low Category High ICTVX % Rank
Net Income Ratio 2.50% 0.72% 3.22% 27.78%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ICTVX - Fund Manager Analysis

Managers

Brian Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.75

0.8%

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

0.75

0.8%

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

0.75

0.8%

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
0.16 21.18 8.83 5.84