ICON Utilities and Income Instl (ICTUX)
9.37
+0.26
(+2.85%)
USD |
Mar 24 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.23% | 33.06M | 1.69% | 40.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -8.254M | -5.83% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. 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. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ICTUX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Utilities |
| Category Index | S&P 1500 Utilities TR |
| Global Category Name | Utilities Sector Equity |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | Specialty - Utility |
| Fund Owner Firm Name | ICON Funds |
| Prospectus Benchmark Index | |
| S&P 1500 Utilities TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Brian Callahan | 3.76 yrs |
| Craig Callahan | 3.76 yrs |
| Scott Callahan | 3.76 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
50
-8.254M
-130.22M
Category Low
1.972B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 24, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 24, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Government Obligs X | 20.45% | 1.00 | 0.00% |
| New Jersey Resources Corp | 7.67% | 51.42 | 2.84% |
| National Fuel Gas Co | 6.95% | 55.69 | 1.85% |
| Ameren Corp | 5.96% | 84.04 | 4.26% |
| NextEra Energy Inc | 5.92% | 75.69 | 2.55% |
| Evergy Inc | 5.39% | 59.45 | 4.02% |
| Xcel Energy Inc | 5.28% | 65.55 | 3.54% |
| American Electric Power Co Inc | 5.16% | 89.09 | 4.31% |
| Black Hills Corp | 4.75% | 60.97 | 3.27% |
| UGI Corp | 4.49% | 33.17 | 1.50% |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. 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. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ICTUX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Utilities |
| Category Index | S&P 1500 Utilities TR |
| Global Category Name | Utilities Sector Equity |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | Specialty - Utility |
| Fund Owner Firm Name | ICON Funds |
| Prospectus Benchmark Index | |
| S&P 1500 Utilities TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Brian Callahan | 3.76 yrs |
| Craig Callahan | 3.76 yrs |
| Scott Callahan | 3.76 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-24-23) | 1.69% |
| 30-Day SEC Yield (2-28-23) | Upgrade |
| 7-Day SEC Yield (9-30-16) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 16.26 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 7/9/1997 |
| Last Annual Report Date | 12/31/2022 |
| Last Prospectus Date | 5/1/2022 |
| Share Classes | |
| ICTVX | Inv |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |