Morningstar

ICON Flexible Bond Fund Institutional Class IOBZX

Morningstar Medalist Rating
Medalist Rating as of | See ICON Investment Hub
  • NAV / 1-Day Return 8.51  /  0.00
  • Total Assets 542.7M
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.760%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.65%
  • Effective Duration 2.74 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis IOBZX

Will IOBZX outperform in the 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 IOBZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

ICON Flexible Bond Institutional holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings IOBZX

More IOBZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UMH Properties Inc PRF PERPETUAL USD 25 - Ser D

2.46 13M
Real Estate

STWD 2021-FL2 LTD 6.55166%

2.39 13M
Securitized

PNC Financial Services Group Inc. 3.4%

2.26 12M
Corporate

JPMorgan Chase & Co Pfd

2.18 12M
Financial Services

CRESCENT BK AUTO TR 2026-1 0%

2.07 11M
Securitized

Bxmt Ltd 6.25087%

1.80 10M
Securitized

LAFAYETE FEDERAL CREDIT UNION ASSET TRUST 2026-HI1 5.5%

1.77 9M
Securitized

Altria Group, Inc. 9.95%

1.75 9M
Corporate

Nationwide Financial Services, Inc. 6.75%

1.60 8M
Corporate

AGNC Investment Corp

1.53 8M
Real Estate

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