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.
ICON Equity Income Institutional IOEZX
- NAV / 1-Day Return 15.88 / +0.17 %
- Total Assets 49.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.160%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Aggressive Allocation
- Investment Style Mid Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 5.03%
- Turnover 43%
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0
Morningstar’s Analysis IOEZX
Will IOEZX 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 41.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Amgen Inc | 5.24 | 2.8 Mil | Healthcare |
Vector Group Ltd | 5.20 | 2.7 Mil | Consumer Defensive |
Manulife Financial Corp | 4.93 | 2.6 Mil | Financial Services |
New York Community Bancorp Inc | 4.55 | 2.4 Mil | Financial Services |
GSK PLC ADR | 4.55 | 2.4 Mil | Healthcare |
ING Groep NV ADR | 4.10 | 2.2 Mil | Financial Services |
Lockheed Martin Corp | 3.78 | 2.0 Mil | Industrials |
Nexstar Media Group Inc | 3.50 | 1.8 Mil | Communication Services |
Ingredion Inc | 3.02 | 1.6 Mil | Consumer Defensive |
Evergy Inc | 2.81 | 1.5 Mil | Utilities |