Icon Equity Income Fund Quote
| IEQAX Fund | USD 17.21 0.03 0.17% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Icon Equity is trading at 17.21 as of the 29th of November 2024; that is 0.17% up since the beginning of the trading day. The fund's open price was 17.18. Icon Equity has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Icon Equity Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of December 2022 and ending today, the 29th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization, including convertible and preferred securities, and in securities issued by dividend-paying companies. More on Icon Equity Income
Moving together with ICON Mutual Fund
ICON Mutual Fund Highlights
| Thematic Idea | Consumer Funds (View all Themes) |
| Fund Concentration | ICON Funds, Large Funds, Allocation--85%+ Equity Funds, Consumer Funds, Allocation--85%+ Equity, ICON Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 24th of January 2020 |
| Fiscal Year End | September |
Icon Equity Income [IEQAX] is traded in USA and was established 29th of November 2024. Icon Equity is listed under ICON Funds category by Fama And French industry classification. The fund is listed under Allocation--85%+ Equity category and is part of ICON Funds family. The entity is thematically classified as Consumer Funds. This fund currently has accumulated 57.82 M in assets under management (AUM) with no minimum investment requirementsIcon Equity Income is currently producing year-to-date (YTD) return of 13.21% with the current yeild of 0.04%, while the total return for the last 3 years was 0.95%.
Check Icon Equity Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ICON Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ICON Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Icon Equity Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Icon Equity Income Mutual Fund Constituents
| LNC | Lincoln National | Stock | Financials | |
| PFE | Pfizer Inc | Stock | Health Care | |
| TSN | Tyson Foods | Stock | Consumer Staples | |
| OTTR | Otter Tail | Stock | Utilities | |
| RCII | Rent A Center | Stock | Consumer Discretionary | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| NAVI | Navient Corp | Stock | Financials | |
| FANG | Diamondback Energy | Stock | Energy |
Icon Equity Income Risk Profiles
| Mean Deviation | 0.5045 | |||
| Semi Deviation | 0.5496 | |||
| Standard Deviation | 0.6806 | |||
| Variance | 0.4632 |
Icon Equity Against Markets
Other Information on Investing in ICON Mutual Fund
Icon Equity financial ratios help investors to determine whether ICON Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ICON with respect to the benefits of owning Icon Equity security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |