Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.15% 473.91M -- 134.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
79.47M 4.47%

Basic Info

Investment Strategy
The Fund seeks maximum total return. It 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, which includes corporate bonds, notes and debentures, and closed-end funds that invests in fixed income securities.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Corporates
Peer Group Corporate Debt Funds BBB-Rated
Global Macro Bond Corporates
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Corporate Debt Funds BBB-Rated
Fund Owner Firm Name ICON
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 30
-240.85M Peer Group Low
3.069B Peer Group High
1 Year
% Rank: 28
79.47M
-6.697B Peer Group Low
14.50B Peer Group High
3 Months
% Rank: 25
-1.460B Peer Group Low
7.206B Peer Group High
3 Years
% Rank: 26
-6.824B Peer Group Low
23.07B Peer Group High
6 Months
% Rank: 30
-1.340B Peer Group Low
8.073B Peer Group High
5 Years
% Rank: 27
-13.34B Peer Group Low
28.15B Peer Group High
YTD
% Rank: 25
-377.11M Peer Group Low
5.974B Peer Group High
10 Years
% Rank: 42
-5.164B Peer Group Low
62.63B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
7.77%
4.30%
4.06%
-5.96%
9.08%
8.17%
5.47%
0.35%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.40%
--
9.22%
1.29%
-11.79%
11.71%
6.66%
8.68%
-0.37%
6.61%
6.04%
1.75%
-7.87%
9.18%
6.14%
7.76%
0.83%
9.77%
9.17%
2.53%
-10.30%
7.17%
4.87%
7.96%
0.27%
--
--
--
-10.60%
12.27%
6.19%
9.09%
-0.02%
As of March 18, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (3-16-26) 7.28%
30-Day SEC Yield (1-31-26) 5.04%
7-Day SEC Yield --
Number of Holdings 147
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 17
Bond
Yield to Maturity (12-31-25) 5.39%
Effective Duration 1.93
Average Coupon 6.41%
Calculated Average Quality 4.643
Effective Maturity 12.04
Nominal Maturity 18.19
Number of Bond Holdings 112
As of December 31, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of December 31, 2025

Fund Details

Key Dates
Inception Date 9/30/2010
Share Classes
IOBZX Inst
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.71%
Stock 6.57%
Bond 87.74%
Convertible 0.00%
Preferred 5.64%
Other -1.66%
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Top 10 Holdings

Name % Weight Price % Change
Nuveen Floating Rate Income Fund 3.05% 7.34 0.55%
STWD MORTGAGE TRUST 21FL2 D FLT 7.26427% 19-APR-2038
2.91% -- --
UMH Properties, Inc. UMHPRO 6.375 12/31/2099 FIX USD Corporate 2.73% 21.94 0.79%
The PNC Financial Services Group, Inc. PNC 3.4 12/31/2099 FLT USD Corporate '26 2.70% 98.40 -0.02%
BXMT LTD. 21FL4 D SEQ FLT 6.10012% 17-MAY-2038
2.20% -- --
FLEXENTIAL ISSUER, LLC FLEXISS 11/27/2051 FIX USD Corporate 144A 2.05% 99.50 -0.04%
JPM CHASE DS REP 1/400 SRS DD PRF
1.74% -- --
Farm Credit Bank of Texas FARMCRE 7.75 12/31/2099 FLT USD Agency '29 1.72% 103.77 -0.04%
FIFTH THIRD BANCORP FITB 7.06294 12/31/2099 FLT USD Corporate '19 1.55% 100.16 -0.15%
SUMMIT MIDSTREAM HOLDINGS, LLC SUMMMID 8.625 10/31/2029 FIX USD Corporate 144A 1.54% 103.52 -0.15%

Fees & Availability

Fees
Actual 12B-1 Fee 0.25%
Actual Management Fee 0.53%
Administration Fee 21.44K%
Maximum Front Load 0.00%
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1000.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks maximum total return. It 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, which includes corporate bonds, notes and debentures, and closed-end funds that invests in fixed income securities.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Corporates
Peer Group Corporate Debt Funds BBB-Rated
Global Macro Bond Corporates
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Corporate Debt Funds BBB-Rated
Fund Owner Firm Name ICON
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (3-16-26) 7.28%
30-Day SEC Yield (1-31-26) 5.04%
7-Day SEC Yield --
Number of Holdings 147
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 17
Bond
Yield to Maturity (12-31-25) 5.39%
Effective Duration 1.93
Average Coupon 6.41%
Calculated Average Quality 4.643
Effective Maturity 12.04
Nominal Maturity 18.19
Number of Bond Holdings 112
As of December 31, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of December 31, 2025

Fund Details

Key Dates
Inception Date 9/30/2010
Share Classes
IOBZX Inst
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:IOBAX", "name")
Broad Asset Class: =YCI("M:IOBAX", "broad_asset_class")
Broad Category: =YCI("M:IOBAX", "broad_category_group")
Prospectus Objective: =YCI("M:IOBAX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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