IOCCX — ICON Risk-Managed Balanced Fund

IOCCX Fund Overview

IOCCX — ICON Risk-Managed Balanced Fund is a US mutual fund managed by ICON Funds, categorised as United States Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: ICON Funds
• Category: United States Value Equity
• Assets under management: $24.58M
• Ticker: IOCCX
• SEC CIK: 0001025770
• SEC series ID: S000005059
• Share class ID: C000013839

IOCCX Investment Objective and Strategy

ICON Risk-Managed Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ICON Funds.

Investment objective

Seeks modest capital appreciation and income.

Principal investment strategy

The Fund uses a valuation methodology to identify securities ICON believes are underpriced relative to value. It seeks modest capital appreciation and income by normally investing no less than 25%, and up to 75%, of the market value of its assets, plus any borrowings for investment purposes, in debt securities traded in U.S. markets. To maintain a balance in debt and equity, the Fund will correspondingly invest no less than 25% and no more than 75% in equity securities traded in U.S. markets, including common stocks and preferred stocks of any market capitalization. To manage the risk of holding equity securities, the Fund may write call options or purchase put options on the securities or securities indexes. The Fund may also purchase exchange traded funds and other derivatives. The Fund may invest up to 10% of its net assets in non-investment grade U.S.

dollar denominated bonds. Non-investment grade means that both S&P and Moodys have rated the bonds non-investment grade. The Fund will not change its principal investment strategy without providing shareholders at least 60 days’ notice.

IOCCX Costs and Fees

IOCCX costs about $230 per $10,000 invested per year in fund expenses.

• Net expense ratio: 2.30%
• Gross expense ratio: 2.47%
• Portfolio turnover: 66%
• Brokerage commissions: 4.63 bps of average net assets (SEC N-CEN)

IOCCX Cashflows

Over the 12 months to 2020-06, ICON Risk-Managed Balanced Fund had net outflows of $1.34M, from monthly SEC N-PORT filings.

IOCCX Debt Constituents

No individual debt constituents are reported in ICON Risk-Managed Balanced Fund's latest SEC N-PORT filing.

IOCCX Prospectus and SEC Filings

Official ICON Risk-Managed Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-02-03
• Prospectus (485BPOS) — filed 2019-02-07
• Prospectus (485BPOS) — filed 2018-02-02
• Portfolio holdings (N-PORT) — filed 2020-08-27
• Portfolio holdings (N-PORT) — filed 2020-05-27
• Annual census (N-CEN) — filed 2019-12-12
• Annual census (N-CEN) — filed 2018-12-06

Related Funds

Other United States Value Equity funds tracked on ABC INVEST:

• Dfa International Value Portfolio (DFIVX)
• Dfa International Value Portfolio III (DFVIX)
• HCM Dividend Sector Plus Fund (HCMNX)
• Eaton Vance Emerging Markets Local Income Fund (EEIAX)
• Eaton Vance High Income Opportunities Fund (ETHIX)

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.