ICON Equity Institutional
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-23.3%
1 yr return
-10.4%
3 Yr Avg Return
14.6%
5 Yr Avg Return
10.1%
Net Assets
$66.2 M
Holdings in Top 10
47.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.04%
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
Investment Style
Large Growth
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
IOLZX - Profile
Distributions
- YTD Total Return -23.3%
- 3 Yr Annualized Total Return 14.6%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.17%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameICON Equity Fund
-
Fund Family NameICON Funds
-
Inception DateMay 06, 2004
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCraig Callahan
Fund Description
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. 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.
IOLZX - Performance
Return Ranking - Trailing
| Period | IOLZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -23.3% | -84.4% | 102.3% | 15.68% |
| 1 Yr | -10.4% | -56.4% | 42.8% | 43.38% |
| 3 Yr | 14.6%* | -14.0% | 44.5% | 42.96% |
| 5 Yr | 10.1%* | -5.7% | 29.0% | 87.84% |
| 10 Yr | 11.0%* | 2.7% | 23.5% | 93.49% |
* Annualized
Return Ranking - Calendar
| Period | IOLZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 11.1% | -87.9% | 326.9% | 39.22% |
| 2020 | 16.0% | -67.0% | 145.0% | 81.24% |
| 2019 | 33.5% | -28.8% | 75.8% | 9.71% |
| 2018 | -18.0% | -57.9% | 10.6% | 83.79% |
| 2017 | 26.8% | -68.7% | 64.0% | 14.55% |
Total Return Ranking - Trailing
| Period | IOLZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -23.3% | -84.4% | 102.3% | 9.45% |
| 1 Yr | -10.4% | -58.4% | 59.9% | 41.24% |
| 3 Yr | 14.6%* | -15.1% | 44.5% | 40.52% |
| 5 Yr | 10.1%* | -6.1% | 29.0% | 86.17% |
| 10 Yr | 11.0%* | 2.6% | 23.5% | 92.64% |
* Annualized
Total Return Ranking - Calendar
| Period | IOLZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 11.1% | -87.9% | 326.9% | 39.22% |
| 2020 | 16.0% | -67.0% | 145.0% | 81.24% |
| 2019 | 33.5% | -28.8% | 75.8% | 9.71% |
| 2018 | -18.0% | -57.9% | 16.5% | 89.13% |
| 2017 | 26.8% | -68.7% | 64.0% | 48.08% |
NAV & Total Return History
IOLZX - Holdings
Concentration Analysis
| IOLZX | Category Low | Category High | IOLZX % Rank | |
|---|---|---|---|---|
| Net Assets | 66.2 M | 189 K | 222 B | 85.63% |
| Number of Holdings | 34 | 2 | 3509 | 84.99% |
| Net Assets in Top 10 | 34.4 M | -1.37 M | 104 B | 83.28% |
| Weighting of Top 10 | 47.20% | 9.4% | 100.0% | 47.77% |
Top 10 Holdings
- EPAM Systems Inc 8.98%
- Chart Industries Inc 6.27%
- Ebix Inc 5.72%
- Mastercard Inc Class A 5.70%
- Diamondback Energy Inc 5.36%
- Nike Inc Class B 4.97%
- Extreme Networks Inc 4.80%
- Baker Hughes Co Class A 4.61%
- Martin Marietta Materials Inc 4.58%
- Adobe Inc 4.15%
Asset Allocation
| Weighting | Return Low | Return High | IOLZX % Rank | |
|---|---|---|---|---|
| Stocks | 99.03% | 0.00% | 107.71% | 42.83% |
| Cash | 0.97% | -10.83% | 87.35% | 53.40% |
| Preferred Stocks | 0.00% | 0.00% | 4.41% | 66.72% |
| Other | 0.00% | -7.57% | 17.15% | 68.20% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 65.53% |
| Bonds | 0.00% | -1.84% | 98.58% | 65.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IOLZX % Rank | |
|---|---|---|---|---|
| Industrials | 30.65% | 0.00% | 30.65% | 0.15% |
| Technology | 22.71% | 0.00% | 69.82% | 90.67% |
| Financial Services | 19.62% | 0.00% | 43.06% | 5.40% |
| Consumer Cyclical | 14.84% | 0.00% | 62.57% | 54.92% |
| Energy | 10.22% | 0.00% | 41.09% | 2.89% |
| Basic Materials | 0.90% | 0.00% | 22.00% | 60.10% |
| Healthcare | 0.43% | 0.00% | 39.76% | 98.52% |
| Communication Services | 0.24% | 0.00% | 66.40% | 97.41% |
| Consumer Defense | 0.18% | 0.00% | 25.50% | 85.12% |
| Real Estate | 0.13% | 0.00% | 29.57% | 64.17% |
| Utilities | 0.09% | 0.00% | 16.07% | 26.42% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IOLZX % Rank | |
|---|---|---|---|---|
| US | 93.69% | 0.00% | 105.43% | 56.73% |
| Non US | 5.34% | 0.00% | 54.22% | 31.21% |
IOLZX - Expenses
Operational Fees
| IOLZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.01% | 7.09% | 34.25% |
| Management Fee | 0.75% | 0.00% | 1.50% | 82.75% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 15.26% |
| Administrative Fee | 0.10% | 0.00% | 1.02% | 52.26% |
Sales Fees
| IOLZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| IOLZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 5.00% | 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% | 33.01% |
IOLZX - Distributions
Dividend Yield Analysis
| IOLZX | Category Low | Category High | IOLZX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 12.57% | 67.60% |
Dividend Distribution Analysis
| IOLZX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| IOLZX | Category Low | Category High | IOLZX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.17% | -6.13% | 2.90% | 38.56% |
Capital Gain Distribution Analysis
| IOLZX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2019 | $1.002 | OrdinaryDividend |
| Dec 17, 2009 | $0.216 | OrdinaryDividend |
| Dec 15, 2008 | $0.293 | OrdinaryDividend |
| Dec 21, 2004 | $0.291 | OrdinaryDividend |
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 | 8.11 | 2.92 |