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.
ICON Utilities and Income Instl ICTUX
- NAV / 1-Day Return 8.19 / −0.49 %
- Total Assets 20.8 Mil
-
Adj. Expense Ratio
1.410%
- Expense Ratio 1.410%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Utilities
- Investment Style Mid Value
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.67%
- Turnover 11%
USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:16 AM GMT+0
Morningstar’s Analysis ICTUX
Will ICTUX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 63.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
American Electric Power Co Inc | 7.89 | 1.7 Mil | Utilities |
NextEra Energy Inc | 7.63 | 1.6 Mil | Utilities |
Ameren Corp | 6.85 | 1.5 Mil | Utilities |
Atmos Energy Corp | 6.60 | 1.4 Mil | Utilities |
National Fuel Gas Co | 6.34 | 1.4 Mil | Energy |
NiSource Inc | 6.04 | 1.3 Mil | Utilities |
ALLETE Inc | 5.72 | 1.2 Mil | Utilities |
Spire Inc | 5.65 | 1.2 Mil | Utilities |
Avangrid Inc | 5.42 | 1.2 Mil | Utilities |
Eversource Energy | 4.98 | 1.1 Mil | Utilities |