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Morningstar

ICON Natural Resources and Infras Instl ICBMX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 16.76  /  0.06 %
  • Total Assets 115.3 Mil
  • Adj. Expense Ratio
    —
  • Expense Ratio 1.280%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Natural Resources
  • Investment Style Mid Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.07%
  • Turnover 94%

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis ICBMX

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

People Pillar

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

Summary

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ICON Natural Resources and Infras Instl earns a Morningstar Quantitative Rating of Neutral on the basis of subpar People and Parent Pillar ratings. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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