- What does ICBAX invest in?
- This fund typically dedicates at least 80% of its net assets, including any borrowed capital, to equity securities. These investments target companies primarily engaged in Natural Resources or Infrastructure, as determined by the Advisor, spanning sectors such as Energy, Industrials, Materials, and Utilities. The fund's equity holdings are broad, covering both common and preferred stock issued by companies of all market capitalizations. Furthermore, its investment approach is categorized as non-diversified.
- What is the expense ratio of ICBAX?
- ICON Natural Resources & Infrastructure Fund Investor (ICBAX) charges an expense ratio of 1.56%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is ICBAX?
- ICON Natural Resources & Infrastructure Fund Investor (ICBAX) manages $135.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is ICBAX actively managed or an index fund?
- ICBAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was ICBAX launched?
- ICON Natural Resources & Infrastructure Fund Investor (ICBAX) launched in September 2010 and is managed by the fund issuer.
- How has ICBAX performed?
- ICBAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
