IOEZX: ICON Equity Income Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$21.90

-

3.09%

$0.69

1.10%

Vitals

YTD Return

15.9%

1 yr return

40.8%

3 Yr Avg Return

11.9%

5 Yr Avg Return

11.6%

Net Assets

$86.5 M

Holdings in Top 10

39.1%

52 WEEK LOW AND HIGH

$22.23
$16.09
$23.53

Expenses

OPERATING FEES

Expense Ratio 1.10%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 117.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Allocation--85%+ Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$21.90

-

3.09%

$0.69

1.10%

IOEZX - Profile

Distributions

  • YTD Total Return 15.9%
  • 3 Yr Annualized Total Return 11.9%
  • 5 Yr Annualized Total Return 11.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.72%
DIVIDENDS
  • Dividend Yield 3.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ICON Equity Income Fund
  • Fund Family Name
    ICON Funds
  • Inception Date
    May 10, 2004
  • Shares Outstanding
    2290957
  • Share Class
    Inst
  • 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 of any market capitalization, including convertible and preferred securities, and in securities issued by dividend-paying companies. It may invest up to 25% of its assets in a single industry. The fund may also invest in U.S. government agencies or government sponsored enterprises and investment-grade securities, although the fund may invest up to 25% of its total assets in securities with a lower rating by both S&P and Moodys.


IOEZX - Performance

Return Ranking - Trailing

Period IOEZX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.9% -4.6% 29.2% 13.69%
1 Yr 40.8% 24.0% 63.3% 3.01%
3 Yr 11.9%* 3.9% 28.8% 77.56%
5 Yr 11.6%* 5.5% 23.2% 84.77%
10 Yr 11.5%* 8.2% 22.9% 58.20%

* Annualized

Return Ranking - Calendar

Period IOEZX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.0% -20.4% 60.4% 89.74%
2019 21.7% -13.8% 32.8% 22.82%
2018 -13.2% -39.5% -6.5% 28.38%
2017 10.0% -4.9% 26.4% 71.32%
2016 14.7% -15.1% 16.9% 3.97%

Total Return Ranking - Trailing

Period IOEZX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.9% -4.6% 29.2% 13.10%
1 Yr 40.8% 18.1% 63.3% 2.98%
3 Yr 11.9%* 3.9% 28.8% 69.75%
5 Yr 11.6%* 4.5% 23.2% 78.98%
10 Yr 11.5%* 8.2% 22.9% 57.38%

* Annualized

Total Return Ranking - Calendar

Period IOEZX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.0% -20.4% 60.4% 89.74%
2019 21.7% -13.8% 32.8% 23.49%
2018 -10.1% -38.4% -6.4% 33.78%
2017 13.6% -0.6% 29.9% 82.35%
2016 18.8% 0.1% 19.4% 2.38%

NAV & Total Return History


IOEZX - Holdings

Concentration Analysis

IOEZX Category Low Category High IOEZX % Rank
Net Assets 86.5 M 4.36 M 141 B 80.47%
Number of Holdings 46 4 10039 31.03%
Net Assets in Top 10 34.1 M 2.5 K 21.5 B 81.61%
Weighting of Top 10 39.06% 15.4% 100.0% 85.21%

Top 10 Holdings

  1. Lincoln National Corp 5.09%
  2. Qualcomm Inc 4.77%
  3. Bristol-Myers Squibb Company 4.70%
  4. JPMorgan Chase & Co 4.33%
  5. ViacomCBS Inc Class B 3.88%
  6. Rent-A-Center Inc 3.84%
  7. Genuine Parts Co 3.75%
  8. Prudential Financial Inc 3.69%
  9. Cummins Inc 3.66%
  10. M.D.C. Holdings Inc 3.58%

Asset Allocation

Weighting Return Low Return High IOEZX % Rank
Stocks
97.16% 41.22% 99.58% 20.69%
Bonds
1.84% -32.20% 147.27% 51.15%
Preferred Stocks
0.68% 0.00% 10.09% 10.34%
Cash
0.21% -150.70% 72.39% 88.51%
Other
0.11% -2.92% 11.03% 29.31%
Convertible Bonds
0.00% 0.00% 4.72% 83.33%

Stock Sector Breakdown

Weighting Return Low Return High IOEZX % Rank
Financial Services
25.67% 7.75% 28.54% 1.73%
Consumer Cyclical
22.12% 0.00% 23.58% 2.89%
Industrials
13.54% 0.00% 17.14% 10.98%
Healthcare
11.50% 5.97% 18.62% 84.39%
Technology
10.14% 3.62% 24.73% 95.95%
Basic Materials
5.90% 0.00% 6.95% 3.47%
Utilities
4.58% 0.00% 11.15% 7.51%
Communication Services
3.14% 1.95% 13.20% 99.42%
Consumer Defense
2.18% 1.21% 19.56% 98.27%
Energy
1.24% 0.24% 24.98% 94.80%
Real Estate
0.00% 0.00% 26.49% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High IOEZX % Rank
US
97.16% 23.87% 98.41% 1.72%
Non US
0.00% 0.00% 41.08% 98.28%

Bond Sector Breakdown

Weighting Return Low Return High IOEZX % Rank
Corporate
83.40% 0.00% 100.00% 9.20%
Cash & Equivalents
16.60% 0.00% 100.00% 85.06%
Derivative
0.00% 0.00% 45.98% 78.74%
Securitized
0.00% 0.00% 26.85% 83.33%
Municipal
0.00% 0.00% 1.91% 74.14%
Government
0.00% 0.00% 52.80% 87.93%

Bond Geographic Breakdown

Weighting Return Low Return High IOEZX % Rank
US
1.84% 0.00% 123.23% 54.60%
Non US
0.00% -56.68% 24.04% 80.46%

IOEZX - Expenses

Operational Fees

IOEZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.10% 3.85% 50.29%
Management Fee 0.75% 0.00% 1.00% 90.53%
12b-1 Fee 0.00% 0.00% 1.00% 7.14%
Administrative Fee 0.10% 0.01% 0.28% 40.48%

Sales Fees

IOEZX 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% 5.00% N/A

Trading Fees

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

IOEZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 117.00% 1.00% 462.00% 92.26%

IOEZX - Distributions

Dividend Yield Analysis

IOEZX Category Low Category High IOEZX % Rank
Dividend Yield 3.09% 0.00% 0.58% 55.43%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

IOEZX Category Low Category High IOEZX % Rank
Net Income Ratio 2.72% -2.08% 6.07% 8.07%

Capital Gain Distribution Analysis

IOEZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

IOEZX - Fund Manager Analysis

Managers

Brian Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

2.26

2.3%

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.

Scott Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

2.26

2.3%

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.

Donovan (Jerry) Paul


Start Date

Tenure

Tenure Rank

May 30, 2019

2.26

2.3%

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
0.07 25.85 6.8 0.66