# ICON Natural Resources & Infrastructure Fund Investor (ICBAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/icbax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2010-09-30 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. ## Key Facts | Metric | Value | |---|---| | Price | $22.01 | | Expense Ratio | 1.56% | | Assets Under Management | $133.1M | | NAV | $22.01 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $17.63 – $22.92 | | Beta | 0.95 | ## Latest Distribution - Amount: $0.1640 /share - Ex-date: 2025-12-31 - Pay date: 2025-12-31 ## Frequently Asked Questions ### 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 $133.1M 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 is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ICBAX's is 1.56%) in exchange for the discretion to over- or under-weight positions. ### 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. ### Does ICBAX pay a dividend? ICON Natural Resources & Infrastructure Fund Investor (ICBAX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ICBAX pay dividends? ICON Natural Resources & Infrastructure Fund Investor pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ICBAX's dividend yield? ICBAX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is ICBAX's next ex-dividend date? The most recently announced ex-dividend date for ICBAX was 2025-12-31. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will ICBAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.56% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ICBAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from ICBAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ICBAX cost more than a fund like VOO? ICBAX is actively managed (current expense ratio 1.56%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether ICBAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to ICBAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as ICBAX (1.56%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/icbax - Distribution history: https://www.dividenddata.com/funds/icbax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/icbax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/icbax/expenses - Peer comparison: https://www.dividenddata.com/funds/icbax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.