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Morningstar

ICON Utilities and Income Inv ICTVX

Morningstar Medalist Rating
Medalist Rating as of | See ICON Investment Hub
  • NAV / 1-Day Return 8.03  /  +0.88 %
  • Total Assets 20.7 Mil
  • Adj. Expense Ratio
    1.650%
  • Expense Ratio 1.650%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Utilities
  • Investment Style Mid Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.29%
  • Turnover 11%

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

Morningstar’s Analysis ICTVX

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

  • People Pillar

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

Weakness in ICON Utilities and Income Inv's People and Process 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 ICTVX

More ICTVX Holdings
  • 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