• ICON Natural Resources and Infrastructure Fund

ICON Funds

  • US
  • Natural Resources/Materials

ICON Natural Resources and Infrastructure Fund

ICBAX

Summary

The fund seeks capital appreciation by investing in companies across any size in the United States.

The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The investment team invests in securities of companies that are considered natural resources and/or Infrastructure focused, which are companies in the energy, industrials, materials and utilities sectors.

Next, the research team utilizes quantitative methodology to look for companies that are trading at a discount to their estimated intrinsic value.

The More

Price

Last Close

$17.27 ( +0.1 )

52 Week HL

$18.55 - $15.55

Net Assets

$1050 M

Expense Ratio

1.29 %

Sector Allocation

Mar 31, 2021

Top 10 Holdings

Mar 31, 2021

Company Name

  • Diamondback Energy
  • Exxon Mobil
  • Valero Energy
  • Royal Dutch
  • Phillips 66

Holding

  • 6.58
  • 6.25
  • 5.33
  • 4.39
  • 4.20

Company Name

  • Delek US
  • Direxion Dly
  • Chart Industries
  • Direxion Daily
  • Herman Miller
  • Total

Holding

  • 4.19
  • 4.14
  • 3.58
  • 3.09
  • 2.99
  • 44.74%

Documents

Prospectus

Summary

Fact Sheet

Q3 2021

Q2 2021

Annual Reports

Website

Link

Performance

YTD

-0.4 %

3 Year

46.74%

5 Year

48.12%

Best

30.3%
1997

Worst

-17.6%
2018

Returns +
Quarterly

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 3% 19.4% -33% 10.7% -0.6% 3.4% 5.3% 3.3% 1.5% 5.6% -
Q2 -3.3% 4.7% 21.3% -0.1% 1.8% -1.3% 4.2% -2.5% 4.8% 3.6% -
Q3 - -1.4% 10.7% -0.1% 4.4% 7.5% 3.5% -20% -3% 9.4% -
Q4 - 4.9% 16.6% 4.7% -20.1% 4.9% 9.2% 2.9% -2.6% 8.9% -

Returns +
Monthly

J F M A M J J A S O N D
2022 -5.1% 3.5% 4.8% -2.9% -0.4% - - - - - - -
2021 1.4% 14.8% 2.5% 3.5% 2.3% -1.1% -3.1% 0.9% 0.8% 2.3% 1.3% 1.6%

+
Annual

    2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    0%29%16%29%-6%19%8%-1%14%29%0%

Alpha

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
ICBAX -0%30%5%20%-18%16%24%-17%1%30%9%
S&P 500 -29%16%29%-6%19%8%-1%14%29%-
Alpha -0%1%-11%-9%-11%-3%16%-16%-13%1%9%

ICBAX S&P 500

Chart +