ISTAX Performance — ICON Equity Fund, Investor Class
Data updated: 2026-08-31
ISTAX returned +30.26% year to date and +47.78% over one year to Jun 2026. Annualised returns are +18.51% over 3 years and +8.67% over 5 years. The fund beat its US Multi-Cap Value category average: $100 invested three years ago grew to $166, against $142 for the category, and to $148 over one year, against $112. Volatility over the past three years was 18.08% a year. In the 12 months to Jun 2026 the fund lost a net $4.3M, and assets reached $58.27M.
ISTAX Growth of $100
What $100 invested in ICON Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Value category average over the same months.
| Period | ISTAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $148 | $112 |
| 3 years (Jul 2023 – Jun 2026) | $166 | $142 |
| 5 years (Jul 2021 – Jun 2026) | $152 | $143 |
| Since data start (Jul 2020 – Jun 2026) | $241 | $201 |
ISTAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +30.26% |
| 1 year | +47.78% |
| 3 years (annualised) | +18.51% |
| 5 years (annualised) | +8.67% |
ISTAX Annual Returns
Calendar-year total returns of ICON Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +30.26% |
| 2025 | +15.45% |
| 2024 | +5.04% |
| 2023 | +11.83% |
| 2022 | −18.34% |
| 2021 | +26.43% |
| 2020 (Jul–Dec) | +31.89% |
ISTAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.9% | +1.3% | −5.0% | +16.1% | +5.2% | +4.6% | — | — | — | — | — | — |
| 2025 | −7.8% | −1.6% | +4.9% | +4.6% | +7.9% | −5.2% | +0.9% | +5.1% | +4.1% | −1.1% | +0.8% | +3.0% |
| 2024 | +2.9% | +3.9% | −2.0% | −2.8% | +3.1% | −6.1% | +1.1% | −0.7% | +3.1% | −7.3% | +10.3% | +0.8% |
| 2023 | −3.8% | −2.2% | +6.0% | +10.8% | −4.1% | +0.3% | −4.1% | −0.9% | +3.7% | +6.5% | +7.2% | −6.4% |
| 2022 | +2.8% | −4.7% | −7.1% | −10.9% | +2.9% | −9.5% | −8.3% | −0.1% | +9.6% | −4.6% | +1.1% | +11.8% |
| 2021 | +4.5% | +5.6% | +1.1% | +0.4% | +0.5% | +6.9% | −5.1% | +2.4% | +0.9% | +4.8% | −2.7% | +5.1% |
| 2020 | — | — | — | — | — | — | −1.8% | +6.1% | +5.8% | +6.7% | +16.1% | −3.5% |
ISTAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.08%
- 3-year Sharpe ratio: 0.77 (vs 4.5% risk-free rate)
- Best month: +16.08% (Apr 2026)
- Worst month: −7.80% (Jan 2025)
ISTAX Fund Flows
Monthly money in and out of ICON Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.3M
- 12-month gross sales (incl. reinvestments): $2.6M
- Sales ÷ redemptions: 0.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $444K | $1.8M | −$1.3M |
| Feb 2026 | $702K | $1.4M | −$665K |
| Jan 2026 | $1.1M | $1.5M | −$433K |
| Dec 2025 | $263K | $294K | −$31K |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $79K | $1.9M | −$1.8M |
ISTAX Assets Under Management
Net assets of ICON Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $58.27M |
| 2026-03-31 | $47.15M |
| 2025-12-31 | $48.50M |
| 2025-09-30 | $49.33M |
| 2025-06-30 | $48.17M |
| 2025-03-31 | $46.03M |
| 2024-12-31 | $49.49M |
| 2024-09-30 | $50.58M |
| 2024-06-30 | $48.73M |
| 2024-03-31 | $57.41M |
| 2023-12-31 | $56.78M |
| 2023-09-30 | $55.97M |
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.