ICTVX Fees and Costs — ICON Utilities and Income Fund, Investor Class
Data updated: 2026-08-31
The net expense ratio is 1.92%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.67% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0891% of average net assets, and portfolio turnover was 19%.
ICTVX Fees and Expenses
Annual operating expenses and sales charges of ICTVX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.67% |
| Gross expense ratio | 1.92% |
| Fee waiver | — |
| Net expense ratio | 1.92% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ICTVX Costs Over Time
On $10,000 invested in ICTVX, assuming 5% a year before costs, total costs come to $1,232 over 5 years, cutting the return by 2.11% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.92%) | $202 | $622 | $1,068 |
| Trading costs (broker commissions) | $9 | $29 | $50 |
| Lost growth on money paid in costs | $0 | $32 | $114 |
| Total costs | $211 | $684 | $1,232 |
| Value after costs | $10,289 | $10,892 | $11,531 |
| Impact on return, per year | 2.11% | 2.11% | 2.11% |
ICTVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0891%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $3K
- Net income from securities lending: $8 (0.000% of average net assets)
ICTVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| FERRETTI GROUP | $5K | 29.57% |
| PIPER SANDLER | $5K | 26.42% |
| ROYAL BANK OF CANADA CAPITAL MARKETS | $3K | 19.41% |
| CAPITAL INSTITUTIONAL SERVICES (CAPIS) | $3K | 16.47% |
| HSBC SECURITIES | $1K | 6.97% |
| THE BENCHMARK COMPANY LLC | $205 | 1.17% |
ICON Utilities and Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ICTUX | Institutional Class | 1.66% | — |
| ICTVX | Investor Class | 1.92% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.