ICON Natural Resources and Infras Inv (ICBAX)

Fund Assets	135.57M
Expense Ratio	1.56%
Min. Investment	$1,000
Turnover	154.00%
Dividend (ttm)	0.16
Dividend Yield	0.73%
Dividend Growth	65.49%
Payout Frequency	n/a
Ex-Dividend Date	Dec 31, 2025

Previous Close	22.52
YTD Return	27.23%
1-Year Return	36.45%
5-Year Return	110.67%
52-Week Low	17.63
52-Week High	22.67
Beta (5Y)	1.11
Holdings	10
Inception Date	Sep 30, 2010

About ICBAX

ICON Natural Resources and Infrastructure Fund Investor Class is a mutual fund focused on long-term capital appreciation by investing primarily in companies operating within the natural resources and infrastructure sectors. The fund typically allocates at least 80% of its assets to equity securities of firms involved in industries such as energy, basic materials, industrials, and related fields that drive or support natural resource development and physical infrastructure. Notable holdings often include companies leading in energy, mineral extraction, industrial services, and transportation. The fund utilizes a quantitative investment methodology to construct its portfolio, assessing a range of metrics to identify attractive stock opportunities, with a particular emphasis on small-cap and value-oriented companies. By targeting a concentrated mix of holdings, the fund seeks to capture growth and economic trends tied to global resource demand and infrastructure expansion. Its investment approach exposes it to sector-specific risks and global market fluctuations, positioning it as a specialized vehicle within the broader equity fund landscape.

• Fund Family: ICON Funds
• Category: Natural Resources
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ICBAX
• Share Class: Investor Class
• Index: S&P Composite 1500 TR

Performance

ICBAX had a total return of 36.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.32%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ICBMX	Institutional Class	1.31%

Top Holdings

40.58% of assets

Name	Symbol	Weight
Carpenter Technology Corporation	CRS	5.94%
Douglas Dynamics, Inc.	PLOW	5.00%
ZTO Express (Cayman) Inc.	ZTO	4.31%
Knight-Swift Transportation Holdings Inc.	KNX	4.04%
BHP Group Limited	BHP	3.86%
Antero Resources Corporation	AR	3.65%
ArcelorMittal S.A.	MT	3.61%
Century Aluminum Company	CENX	3.41%
Steel Dynamics, Inc.	STLD	3.40%
HF Sinclair Corporation	DINO	3.35%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.164	Dec 31, 2025
Nov 28, 2025	$1.51422	Nov 28, 2025
Dec 31, 2024	$0.0991	Dec 31, 2024
Nov 29, 2024	$1.41237	Nov 29, 2024
Dec 29, 2023	$0.126	Dec 29, 2023
Nov 30, 2023	$1.0157	Nov 30, 2023

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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