IOBAX — ICON Flexible Bond Fund
Data updated: 2026-08-31
IOBAX — ICON Flexible Bond Fund. Long Corporate Bond · $533.02M AUM · 1.20% expense ratio · 5.0% 1-yr return. Holdings, fees, performance and SEC filings.
IOBAX Fund Overview
IOBAX — ICON Flexible Bond Fund is a US mutual fund managed by SCM Trust, categorised as Long Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: SCM Trust
- Category: Long Corporate Bond
- Assets under management: $533.02M
- 1-year return: 5.0%
- Ticker: IOBAX
- SEC CIK: 0000836267
- SEC series ID: S000067902
- Share class ID: C000217713
IOBAX Holdings
Top 10 holdings of ICON Flexible Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Colchester Street Trust | 3.27% |
| Umh Properties, Inc. | 2.45% |
| Stwd 2021-Fl2 Ltd. | 2.38% |
| Pnc Financial Services Group, Inc. (the) | 2.24% |
| Jp Morgan Chase & Company | 2.17% |
| Crescent Bk Auto Tr 2026-1 | 2.06% |
| Bxmt 2021-Fl4 Ltd. | 1.79% |
| Lafayete Federal Credit Union Asset Trust 2026-Hi1 | 1.76% |
| Altria Group, Inc. | 1.74% |
| Nationwide Financial Services, Inc. | 1.59% |
IOBAX Portfolio Allocation
Asset-class allocation of ICON Flexible Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 47.1% |
| Securitized | 28.3% |
| Equity | 20.5% |
| Other | 5.2% |
| Cash & Equivalents | 3.3% |
IOBAX Performance
Total returns for IOBAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.2% |
| 1 year | 5.0% |
| 3 years (annualised) | 6.7% |
| 5 years (annualised) | 2.8% |
IOBAX Risk Information
Risk metrics for IOBAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.3%
IOBAX Costs and Fees
IOBAX costs about $120 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.20%
- Gross expense ratio: 1.20%
- Portfolio turnover: 158%
- Brokerage commissions: 5.27 bps of average net assets (SEC N-CEN)
IOBAX Cashflows
Over the 12 months to 2026-06, ICON Flexible Bond Fund had net inflows of $50.75M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $0 |
| 2026-05 | $0 |
| 2026-04 | $0 |
| 2026-03 | $12.07M |
| 2026-02 | $17.07M |
| 2026-01 | $16.55M |
IOBAX Debt Constituents
Largest debt holdings of ICON Flexible Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Pnc Financial Services Group, Inc. (the) | 2.24% |
| Altria Group, Inc. | 1.74% |
| Nationwide Financial Services, Inc. | 1.59% |
| Summit Midstream Holdings LLC | 1.27% |
| Fifth Third Bancorp | 1.26% |
| Acres Commercial Realty Corp. | 1.23% |
| Pacificorp | 1.12% |
| Cincinnati Bell Telephone Company LLC | 1.01% |
| Sumisho Air Lease Corp. | 1.01% |
| Big River Steel LLC | 0.94% |
IOBAX Prospectus and SEC Filings
Official ICON Flexible Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2024-04-29
- Prospectus supplement (497) — filed 2025-05-05
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-06-01
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other Long Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.