Weakness in ICON Equity Institutional's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. 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. The strategy changed its peer group in April, moving from the Large Growth category to the Mid-Cap Growth Morningstar Category.
- NAV / 1-Day Return 25.89 / 3.27 %
- Total Assets 53.9 Mil
-
Adj. Expense Ratio
1.120%
- Expense Ratio 1.120%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Mid-Cap Growth
- Investment Style Mid Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.20%
- Turnover 17%
Morningstar’s Analysis IOLZX
Will IOLZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 24
- Bond Holdings 0
- Other Holdings 3
- % Assets in Top 10 Holdings 48.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
First American Government Obligs X
16.65
9,424,106
Cash and Equivalents