IOBZX: ICON Flexible Bond Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.51

-

4.07%

$0.61

0.93%

Vitals

YTD Return

1.3%

1 yr return

8.3%

3 Yr Avg Return

5.3%

5 Yr Avg Return

4.2%

Net Assets

$143 M

Holdings in Top 10

45.5%

52 WEEK LOW AND HIGH

$9.50
$9.06
$9.54

Expenses

OPERATING FEES

Expense Ratio 0.93%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 144.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Multisector Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.51

-

4.07%

$0.61

0.93%

IOBZX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 5.3%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.48%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    ICON Flexible Bond Fund
  • Fund Family Name
    ICON Funds
  • Inception Date
    May 06, 2004
  • Shares Outstanding
    16509587
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Donovan (Jerry) Paul

Fund Description

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in a broad range of U.S. dollar-denominated fixed income products. These include corporate bonds, notes and debentures, and closed-end funds that invest at least 80% of their assets in fixed income securities, as well as U.S. government and agency securities.


IOBZX - Performance

Return Ranking - Trailing

Period IOBZX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -25.0% 23.2% 31.04%
1 Yr 8.3% -30.0% 49.9% 23.09%
3 Yr 5.3%* -10.6% 11.7% 40.74%
5 Yr 4.2%* -14.4% 13.9% 44.48%
10 Yr 4.1%* -1.4% 14.0% 43.23%

* Annualized

Return Ranking - Calendar

Period IOBZX Return Category Return Low Category Return High Rank in Category (%)
2020 0.3% -49.2% 314.3% 60.60%
2019 3.2% -35.1% 16.7% 68.79%
2018 -3.2% -48.0% 3.4% 24.19%
2017 0.1% -14.8% 11.2% 78.29%
2016 2.4% -11.2% 12.8% 59.84%

Total Return Ranking - Trailing

Period IOBZX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -25.0% 22.7% 31.04%
1 Yr 8.3% -34.1% 49.9% 20.98%
3 Yr 5.3%* -12.3% 13.0% 35.84%
5 Yr 4.2%* -15.4% 13.9% 39.39%
10 Yr 4.1%* -1.4% 14.0% 41.64%

* Annualized

Total Return Ranking - Calendar

Period IOBZX Return Category Return Low Category Return High Rank in Category (%)
2020 0.3% -49.2% 314.3% 60.60%
2019 3.2% -35.1% 16.7% 69.57%
2018 -3.2% -48.0% 8.0% 45.80%
2017 0.1% -14.8% 15.2% 85.71%
2016 2.6% -11.2% 17.7% 69.40%

NAV & Total Return History


IOBZX - Holdings

Concentration Analysis

IOBZX Category Low Category High IOBZX % Rank
Net Assets 143 M 10 143 B 74.56%
Number of Holdings 65 3 7887 81.20%
Net Assets in Top 10 65.8 M -8.09 B 6.07 B 50.75%
Weighting of Top 10 45.52% 4.1% 100.0% 27.14%

Top 10 Holdings

  1. First American Government Obligs X 10.37%
  2. Argo Group US, Inc. 0% 5.85%
  3. Delta Air Lines, Inc. Pass Thru Trust 6.82% 5.59%
  4. MPLX LP 6.38% 5.19%
  5. Principal Financial Group 3.2% 4.89%
  6. Fifth Third Bancorp 3.33% 4.63%
  7. JPMorgan Chase & Co. 3.68% 4.52%
  8. WPX Energy Inc 5.75% 4.07%
  9. Dell International L.L.C. and EMC Corporation 6.1% 3.91%
  10. Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- 3.70%

Asset Allocation

Weighting Return Low Return High IOBZX % Rank
Bonds
71.76% -169.75% 217.61% 84.09%
Preferred Stocks
15.47% 0.00% 32.58% 1.13%
Cash
9.84% -152.64% 281.06% 32.83%
Stocks
2.04% -54.77% 182.84% 23.31%
Other
0.75% -39.52% 104.83% 14.41%
Convertible Bonds
0.14% 0.00% 129.09% 81.70%

Stock Sector Breakdown

Weighting Return Low Return High IOBZX % Rank
Real Estate
73.62% 0.00% 100.00% 4.58%
Financial Services
17.25% 0.00% 100.00% 28.02%
Technology
5.46% 0.00% 100.00% 22.71%
Industrials
1.85% 0.00% 100.00% 38.83%
Communication Services
0.61% 0.00% 100.00% 50.00%
Consumer Cyclical
0.60% 0.00% 100.00% 49.63%
Energy
0.30% 0.00% 100.00% 71.43%
Utilities
0.29% 0.00% 100.00% 42.86%
Basic Materials
0.03% 0.00% 47.08% 44.51%
Healthcare
0.00% 0.00% 100.00% 69.60%
Consumer Defense
0.00% 0.00% 100.00% 69.23%

Stock Geographic Breakdown

Weighting Return Low Return High IOBZX % Rank
US
1.99% -50.06% 182.84% 18.67%
Non US
0.05% -4.71% 10.02% 28.57%

Bond Sector Breakdown

Weighting Return Low Return High IOBZX % Rank
Corporate
82.55% 0.00% 100.00% 7.02%
Cash & Equivalents
10.89% 0.00% 100.00% 35.21%
Securitized
6.55% 0.00% 99.25% 72.18%
Municipal
0.01% 0.00% 54.18% 38.22%
Derivative
0.00% 0.00% 58.05% 78.57%
Government
0.00% 0.00% 99.48% 93.48%

Bond Geographic Breakdown

Weighting Return Low Return High IOBZX % Rank
US
69.67% -170.06% 209.58% 33.83%
Non US
2.09% 0.00% 126.35% 93.73%

IOBZX - Expenses

Operational Fees

IOBZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.02% 5.53% 57.23%
Management Fee 0.60% 0.00% 2.25% 51.21%
12b-1 Fee 0.00% 0.00% 1.00% 10.14%
Administrative Fee 0.10% 0.01% 0.85% 43.24%

Sales Fees

IOBZX 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% 5.50% N/A

Trading Fees

IOBZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

IOBZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 144.00% 0.00% 498.00% 78.07%

IOBZX - Distributions

Dividend Yield Analysis

IOBZX Category Low Category High IOBZX % Rank
Dividend Yield 4.07% 0.00% 3.36% 59.10%

Dividend Distribution Analysis

IOBZX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

IOBZX Category Low Category High IOBZX % Rank
Net Income Ratio 4.48% -1.31% 11.44% 12.70%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

IOBZX - Fund Manager Analysis

Managers

Donovan (Jerry) Paul


Start Date

Tenure

Tenure Rank

Jul 15, 2013

8.13

8.1%

Donovan “Jerry” Paul, CFA, joined ICON Advisers, Inc in July 2013 as a Portfolio Manager.He is Senior Vice President of Fixed Income and serves as Co-Portfolio Manager of the ICON Bond and ICON Risk-Managed Balanced Funds. Mr. Paul was named Morningstar’s Fixed Income Manager of the Year for 1999 while he managed high yield bonds for INVESCO. Mr. Paul’s professional investment experience includes over thirty eight years in fixed income portfolio management and research. Before joining ICON he was a senior vice president, director of fixed-income research and portfolio manager of INVESCO Funds Group (1994-2001), founder and managing partner of Quixote Capital Management, LLC, (2002-2009), partner of Essential Investment Partners, LLC, (2009-2011) and Senior Vice President Western Alliance Bancorporation (2012). He holds an MBA from the University of Northern Iowa and BBA from the University of Iowa. He holds the FINRA Series 7 and 63 registrations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 27.68 5.4 2.45