Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 12/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

ICON EQUITY FUND

IOLZX | Fund

$26.35

$50.1 M

0.73%

$0.19

1.11%

Vitals

YTD Return

5.3%

1 yr return

5.7%

3 Yr Avg Return

1.0%

5 Yr Avg Return

7.2%

Net Assets

$50.1 M

Holdings in Top 10

40.6%

52 WEEK LOW AND HIGH

$26.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.11%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

ICON EQUITY FUND

IOLZX | Fund

$26.35

$50.1 M

0.73%

$0.19

1.11%

IOLZX - Profile

Distributions

  • YTD Total Return 5.3%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 7.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.17%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    ICON EQUITY FUND
  • Fund Family Name
    SHELTONCAP
  • Inception Date
    Oct 17, 2002
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Craig Callahan

Fund Description

The Fund uses a quantitative methodology to identify securities ICON Advisors, Inc. (“ICON”) the Fund’s investment sub-advisor, believes are underpriced relative to value. Normally the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities traded in the U.S. This strategy may not be changed unless Fund shareholders are given at least 60 days prior notice. To manage the risk of holding equity securities, the Fund may write call options or purchase put options on securities or securities indexes.

ICON’s quantitative methodology calculates intrinsic value using average earnings per share, future earnings growth estimates, beta, and bond yield. This calculated intrinsic value for each individual stock is aggregated by industry and sector which enables ICON to identify value opportunities within industries and sectors. ICON then employs a tactical, rotation-based process that tilts the Fund toward industries and sectors ICON believes will outperform.

ICON believes that equity markets go through themes over time, simply stated, stocks in industries that were market leaders at one time tend to become overpriced relative to intrinsic value, and stocks in industries that were not in favor tend to drop below intrinsic value. The Fund will sell securities in industries ICON believes are overpriced and buy securities in industries we believe are underpriced. The Fund may invest up to 25% of its assets in a single industry. We believe ICON’s combination of industry rotation and bottom-up valuation distinguishes us from other investment managers. Equity securities in which the Fund may invest include common stocks and preferred stocks of companies of any market capitalization.

The Fund may short securities and may also purchase exchange traded funds, including leveraged and inversed exchange-traded funds (“ETFs”). Leveraged ETFs seek to deliver multiples of the performance of the index or benchmark they track. Inverse ETFs (also called “short” funds) seek to deliver the opposite of the performance of the index or benchmark they track. Like traditional ETFs, some leveraged and inverse ETFs track broad indices, some are sector-specific, and others are linked to commodities, currencies, or some other benchmark.

Read More

IOLZX - Performance

Return Ranking - Trailing

Period IOLZX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.3% -6.1% 52.5% 98.73%
1 Yr 5.7% -4.9% 55.1% 98.91%
3 Yr 1.0%* -23.8% 24.5% 93.59%
5 Yr 7.2%* -15.0% 30.3% 97.37%
10 Yr 7.8%* -5.5% 21.7% 97.07%

* Annualized

Return Ranking - Calendar

Period IOLZX Return Category Return Low Category Return High Rank in Category (%)
2023 6.7% -74.1% 72.4% 96.99%
2022 -30.4% -85.9% 4.7% 30.21%
2021 11.1% -52.4% 60.5% 39.94%
2020 16.0% -34.3% 145.0% 83.22%
2019 33.5% -6.9% 49.4% 10.30%

Total Return Ranking - Trailing

Period IOLZX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.3% -6.1% 52.5% 98.73%
1 Yr 5.7% -4.9% 55.1% 98.91%
3 Yr 1.0%* -23.8% 24.5% 93.59%
5 Yr 7.2%* -15.0% 30.3% 97.37%
10 Yr 7.8%* -5.5% 21.7% 97.07%

* Annualized

Total Return Ranking - Calendar

Period IOLZX Return Category Return Low Category Return High Rank in Category (%)
2023 12.4% -4.6% 72.4% 98.36%
2022 -6.6% -61.7% 5.6% 1.20%
2021 26.7% -39.8% 118.1% 20.49%
2020 16.0% 2.8% 149.2% 96.80%
2019 38.2% -5.2% 49.4% 8.46%

NAV & Total Return History

IOLZX - Holdings

Concentration Analysis

IOLZX Category Low Category High IOLZX % Rank
Net Assets 50.1 M 296 K 317 B 93.38%
Number of Holdings 34 2 3061 86.39%
Net Assets in Top 10 20.6 M 126 K 150 B 94.65%
Weighting of Top 10 40.65% 0.7% 205.0% 83.35%

Top 10 Holdings

  1. Trinity Industries, Inc. COM USD0.01 5.64%
  2. Armstrong World Industries, Inc. COM STK USD0.01 5.43%
  3. Baker Hughes Company COM USD0.0001 CL A 5.23%
  4. MasterCard Incorporated COM USD0.0001 CLASS A 4.02%
  5. Global Payments Inc COM NPV 3.82%
  6. Horace Mann Educators Corporation COM USD0.001 3.37%
  7. JPMorgan Chase Co. COM USD1.00 3.34%
  8. Performance Food Group Co. COM USD0.01 3.31%
  9. Truist Financial Corp. COM 3.31%
  10. Extreme Networks Inc. COM USD0.001 3.18%

Asset Allocation

Weighting Return Low Return High IOLZX % Rank
Stocks 		100.96% 0.00% 123.52% 0.91%
Preferred Stocks 		0.00% 0.00% 8.45% 85.03%
Other 		0.00% -36.56% 42.58% 86.66%
Convertible Bonds 		0.00% 0.00% 1.94% 84.64%
Cash 		0.00% 0.00% 173.52% 98.64%
Bonds 		0.00% 0.00% 102.71% 84.75%

Stock Sector Breakdown

Weighting Return Low Return High IOLZX % Rank
Industrials 		30.65% 0.00% 30.65% 0.18%
Technology 		22.71% 0.00% 65.70% 91.09%
Financial Services 		19.62% 0.00% 43.06% 5.73%
Consumer Cyclical 		14.84% 0.00% 62.57% 56.55%
Energy 		10.22% 0.00% 41.09% 2.91%
Basic Materials 		0.90% 0.00% 18.91% 61.09%
Healthcare 		0.43% 0.00% 39.76% 99.00%
Communication Services 		0.24% 0.00% 66.40% 97.64%
Consumer Defense 		0.18% 0.00% 25.50% 86.91%
Real Estate 		0.13% 0.00% 16.05% 66.55%
Utilities 		0.09% 0.00% 16.07% 26.82%

Stock Geographic Breakdown

Weighting Return Low Return High IOLZX % Rank
US 		100.96% 0.00% 123.52% 0.91%
Non US 		0.00% 0.00% 75.46% 88.93%

IOLZX - Expenses

Operational Fees

IOLZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.01% 28.71% 36.25%
Management Fee 0.75% 0.00% 1.50% 84.37%
12b-1 Fee 0.00% 0.00% 1.00% 15.70%
Administrative Fee 0.10% 0.01% 1.02% 56.69%

Sales Fees

IOLZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

IOLZX 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.

IOLZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 316.74% 34.12%

IOLZX - Distributions

Dividend Yield Analysis

IOLZX Category Low Category High IOLZX % Rank
Dividend Yield 0.73% 0.00% 27.58% 9.63%

Dividend Distribution Analysis

IOLZX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

IOLZX Category Low Category High IOLZX % Rank
Net Income Ratio -0.17% -6.13% 3.48% 38.22%

Capital Gain Distribution Analysis

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

Distributions History

View More +

IOLZX - Fund Manager Analysis

Managers

Craig Callahan

Start Date

Tenure

Tenure Rank

Jan 24, 2011

11.36

11.4%

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.

Brian Callahan

Start Date

Tenure

Tenure Rank

Apr 29, 2020

2.09

2.1%

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

Apr 29, 2020

2.09

2.1%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.