Icon Bond Fund Quote
| IOBAX Fund | USD 8.68 0.01 0.12% |
Performance19 of 100
| Odds Of DistressLess than 16
|
Icon Bond is trading at 8.68 as of the 28th of November 2024; that is 0.12% up since the beginning of the trading day. The fund's open price was 8.67. Icon Bond has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Icon Bond Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th 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 a broad range of U.S. dollar-denominated fixed income products. These include corporate bonds, notes and debentures, and closed-end funds that invest at least 80 percent of their assets in fixed income securities, as well as U.S. More on Icon Bond Fund
Moving together with Icon Mutual Fund
Icon Mutual Fund Highlights
| Fund Concentration | ICON Funds, Large Funds, Multisector Bond Funds, Multisector Bond, ICON Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 24th of January 2020 |
| Fiscal Year End | September |
Icon Bond Fund [IOBAX] is traded in USA and was established 28th of November 2024. Icon Bond is listed under ICON Funds category by Fama And French industry classification. The fund is listed under Multisector Bond category and is part of ICON Funds family. This fund currently has accumulated 154.84 M in assets under management (AUM) with no minimum investment requirementsIcon Bond Fund is currently producing year-to-date (YTD) return of 7.85% with the current yeild of 0.06%, while the total return for the last 3 years was 3.54%.
Check Icon Bond 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 Bond Fund 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 Bond Fund Mutual Fund Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund | |
| GIM | Templeton Global Income | Fund | Asset Management | |
| JLS | Nuveen Mortgage Opportunity | Etf | Asset Management | |
| NBB | Nuveen Build America | Etf | Asset Management | |
| USG | USCF Gold Strategy | Etf | Commodities Focused | |
| EIM | Eaton Vance Mbf | Fund | Asset Management | |
| FMN | Federated Premier Municipal | Fund | Asset Management |
Icon Bond Fund Risk Profiles
| Mean Deviation | 0.0798 | |||
| Standard Deviation | 0.1061 | |||
| Variance | 0.0113 | |||
| Downside Variance | 0.0219 |
Icon Bond Against Markets
Other Information on Investing in Icon Mutual Fund
Icon Bond 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 Bond security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |