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Morningstar

ICON Natural Resources and Infras Inv ICBAX

Morningstar Medalist Rating
Medalist Rating as of | See ICON Investment Hub
  • NAV / 1-Day Return 18.03  /  +0.95 %
  • Total Assets 124.1 Mil
  • Adj. Expense Ratio
    1.560%
  • Expense Ratio 1.560%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Natural Resources
  • Investment Style Small Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.65%
  • Turnover 137%

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

Morningstar’s Analysis ICBAX

Will ICBAX 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 ICBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ICBAX 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 ICBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

ICON Natural Resources and Infras Inv earns a Morningstar Medalist Rating of Neutral with strength in areas such as Process offset by weaker spots such as People.

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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ICBAX

More ICBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

3.92 5.0 Mil
Cash and Equivalents

Archrock Inc

3.85 4.9 Mil
Energy

Cemex SAB de CV ADR

3.84 4.9 Mil
Basic Materials

Enterprise Products Partners LP

3.82 4.9 Mil
Energy

AAR Corp

3.75 4.8 Mil
Industrials

Patterson-UTI Energy Inc

3.74 4.8 Mil
Energy

Blue Bird Corp

3.60 4.6 Mil
Consumer Cyclical

Equitrans Midstream Corp

3.42 4.4 Mil
Energy

Masco Corp

3.09 3.9 Mil
Industrials

Oshkosh Corp

2.98 3.8 Mil
Industrials