Skip to Content
Morningstar

ICON Equity Investor ISTAX

Morningstar Medalist Rating
Medalist Rating as of | See ICON Investment Hub
  • NAV / 1-Day Return 25.28  /  0.78 %
  • Total Assets 54.3 Mil
  • Adj. Expense Ratio
    1.370%
  • Expense Ratio 1.370%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Turnover 17%

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:14 PM GMT+0

Morningstar’s Analysis ISTAX

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

People Pillar

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

Weakness in ICON Equity Investor'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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ISTAX

More ISTAX Holdings
  • Current Portfolio Date
  • Equity Holdings 26
  • Bond Holdings 0
  • Other Holdings 4
  • % Assets in Top 10 Holdings 46.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

15.37
8,601,886
Cash and Equivalents

Extreme Networks Inc

6.06
3,388,892
Technology

Alamo Group Inc

6.02
3,370,770
Industrials

Mastercard Inc Class A

5.96
3,337,125
Financial Services

LPL Financial Holdings Inc

5.95
3,327,100
Financial Services

Chart Industries Inc

5.44
3,044,160
Industrials

Baker Hughes Co Class A

4.62
2,585,424
Energy

Performance Food Group Co

4.15
2,324,970
Consumer Defensive

Advanced Drainage Systems Inc

4.05
2,265,217
Industrials

Global Payments Inc

3.89
2,176,486
Industrials