ICON Long/Short Fund Class C (IOLCX)

23.91
Net Asset Value
-0.91%
1 Day
+3.02%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
2.74%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests in equity securities of companies of any market capitalization and traded in U.S. markets. It generally takes long positions in equity securities identified as undervalued and take short positions in equity securities identified as overvalued. Each long or short position will be determined by considering the tradeoff between the attractiveness of each position and its impact on the risk of the overall portfolio.

Performance

1 month-0.99% 3 years+9.42%
3 months-1.03% 5 years+8.68%
1 year+15.34% Since inception+6.32%
Data through --

Peer Comparisonvs. Mid-cap growth

 IOLCXCategory
Performance 5-yr return+8.68%+12.31%
Expense ratio2.74%1.21%
Risk 5 year sharpe ratio0.730.97
Net assets$28.1M$1.7B
Average market cap$25.6B$11.9B
Average P/E17.625.3
Portfolio turnover24%24%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyICON Funds
Fund manager & tenureCraig Callahan / 7 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock95.53%
International stock5.09%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 28.01%
Financial service 13.64%
Business service 11.83%
Hardware 8.76%
Consumer service 8.72%
Top 10 Holdings
Portfolio weighting
BAC Bank of America7.30%
MA MasterCard5.76%
SIVB SVB Financial Group5.18%
SBNY Signature Bank4.31%
PHM PulteGroup Inc4.05%
SWKS Skyworks Solutions Inc3.93%
MU Micron Technology Inc3.92%
JAZZ Jazz Pharmaceuticals PLC3.09%
FDX FedEx2.99%
CSX CSX Corp2.97%