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Morningstar

ICON Equity Investor ISTAX

Morningstar Medalist Rating
Medalist Rating as of | See ICON Investment Hub
  • NAV / 1-Day Return 25.47  /  +0.12 %
  • Total Assets 53.0 Mil
  • Adj. Expense Ratio
    1.370%
  • Expense Ratio 1.370%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Mid-Cap Growth
  • Investment Style Mid Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.40%
  • Turnover 4%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis ISTAX

Will ISTAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ISTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ISTAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ISTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in ICON Equity Investor's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ISTAX

More ISTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Alamo Group Inc

7.74 4.5 Mil
Industrials

Mastercard Inc Class A

7.06 4.1 Mil
Financial Services

LPL Financial Holdings Inc

6.43 3.7 Mil
Financial Services

Advanced Drainage Systems Inc

5.96 3.4 Mil
Industrials

First American Government Obligs X

5.29 3.0 Mil
Cash and Equivalents

Chart Industries Inc

5.15 3.0 Mil
Industrials

Performance Food Group Co

5.12 2.9 Mil
Consumer Defensive

Armstrong World Industries Inc

4.66 2.7 Mil
Industrials

Global Payments Inc

4.38 2.5 Mil
Industrials

Baker Hughes Co Class A

4.26 2.5 Mil
Energy