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Morningstar

ICON Natural Resources and Infras Instl ICBMX

Morningstar Medalist Rating
Medalist Rating as of | See ICON Investment Hub
  • NAV / 1-Day Return 16.47  /  0.96 %
  • Total Assets 103.6 Mil
  • Adj. Expense Ratio
    1.310%
  • Expense Ratio 1.310%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Natural Resources
  • Investment Style Mid Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.10%
  • Turnover 149%

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:14 PM GMT+0

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.

ICON Natural Resources and Infras Instl 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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ICBMX

More ICBMX Holdings
  • Current Portfolio Date
  • Equity Holdings 37
  • Bond Holdings 0
  • Other Holdings 7
  • % Assets in Top 10 Holdings 39.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Archrock Inc

5.27
5,670,000
Energy

DMC Global Inc

5.11
5,505,750
Energy

Enterprise Products Partners LP

4.25
4,570,790
Energy

ChampionX Corp

4.10
4,416,880
Energy

YPF SA ADR

3.98
4,287,500
Energy

Southwestern Energy Co

3.83
4,128,000
Energy

Golar LNG Ltd

3.49
3,760,300
Energy

AAR Corp

3.48
3,750,390
Industrials

Saia Inc

3.15
3,388,525
Industrials

NOV Inc

3.11
3,344,000
Energy