Icon Equity Income Fund Quote
| IOEZX Fund | USD 16.47 0.17 1.02% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Icon Equity is trading at 16.47 as of the 30th of January 2025; that is 1.02 percent down since the beginning of the trading day. The fund's open price was 16.64. Icon Equity has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 10th of February 2023 and ending today, the 30th of January 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization, including convertible and preferred securities, and in securities issued by dividend-paying companies. More on Icon Equity Income
Moving together with Icon Mutual Fund
Icon Mutual Fund Highlights
| Fund Concentration | ICON Funds, Large Funds, Allocation--85%+ Equity Funds, Allocation--85%+ Equity, ICON Funds (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 24th of January 2020 |
| Fiscal Year End | September |
Icon Equity Income [IOEZX] is traded in USA and was established 30th of January 2025. Icon Equity is listed under ICON Funds category by Fama And French industry classification. The fund is listed under Allocation--85%+ Equity category and is part of ICON Funds family. This fund currently has accumulated 57.82 M in assets under management (AUM) with minimum initial investment of 1 K. Icon Equity Income is currently producing year-to-date (YTD) return of 3.05% with the current yeild of 0.04%, while the total return for the last 3 years was 0.38%.
Check Icon Equity Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Icon Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Icon Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Icon Equity Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Icon Equity Income Mutual Fund Constituents
| IP | International Paper | Stock | Materials | |
| AXS | AXIS Capital Holdings | Stock | Financials | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| MO | Altria Group | Stock | Consumer Staples | |
| PRU | Prudential Financial | Stock | Financials | |
| WBA | Walgreens Boots Alliance | Stock | Consumer Staples | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| BAH | Booz Allen Hamilton | Stock | Information Technology |
Icon Equity Income Risk Profiles
| Mean Deviation | 0.5837 | |||
| Standard Deviation | 0.7893 | |||
| Variance | 0.623 | |||
| Risk Adjusted Performance | (0.02) |
Icon Equity Against Markets
Other Information on Investing in Icon Mutual Fund
Icon Equity financial ratios help investors to determine whether Icon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Equity security.
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