Dynamic U.S. Opportunity Fund Class N (ICSNX)
| Fund Assets | 107.71M |
| Expense Ratio | 1.59% |
| Min. Investment | $5,000 |
| Turnover | 131.00% |
| Dividend (ttm) | 2.63 |
| Dividend Yield | 17.73% |
| Dividend Growth | -1.83% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 14.82 |
| YTD Return | 5.60% |
| 1-Year Return | 12.82% |
| 5-Year Return | 45.03% |
| 52-Week Low | 13.33 |
| 52-Week High | 16.66 |
| Beta (5Y) | 0.74 |
| Holdings | 16 |
| Inception Date | Dec 30, 2011 |
About ICSNX
Dynamic U.S. Opportunity Fund - Class N is a tactical allocation mutual fund focused on capital appreciation and income through an actively managed investment strategy. It primarily invests in equity exchange-traded funds (ETFs) that provide exposure to the U.S. equity market, guided by a proprietary quantitative framework to assess risk and reward across various industry segments as defined by the Global Industry Classification Structure (GICS). The fund may also utilize derivatives, such as futures and options, for portfolio management purposes. A distinguishing feature of this fund is its ability to make significant and frequent shifts in allocation among equity regions and bond sectors, aligning with the tactical allocation strategy recognized by Morningstar. This adaptive approach aims to capture opportunities and mitigate risks as market dynamics evolve. As of the most recent data, the fund holds a concentrated portfolio—typically around 19 holdings—with a majority allocated to domestic equities, complemented by a smaller allocation to foreign and fixed income assets. With an inception date of January 3, 2012, and assets under management surpassing $125 million, Dynamic U.S. Opportunity Fund - Class N plays a role in offering diversified, actively managed exposure to U.S. markets for investors seeking a flexible asset allocation vehicle within the mutual fund landscape.
Performance
ICSNX had a total return of 12.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.96%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ICSIX | Class I | 1.34% |
Top 10 Holdings
88.43% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Communication Services Select Sector SPDR ETF | XLC | 18.15% |
| State Street Technology Select Sector SPDR ETF | XLK | 14.00% |
| First American Treasury Obligations Fund | FXFXX | 10.71% |
| State Street Industrial Select Sector SPDR ETF | XLI | 10.10% |
| State Street Energy Select Sector SPDR ETF | XLE | 8.57% |
| State Street Financial Select Sector SPDR ETF | XLF | 7.86% |
| State Street Utilities Select Sector SPDR ETF | XLU | 5.40% |
| Select Sector Spdr Trust - SS CONSUMER DISC | n/a | 4.88% |
| State Street Health Care Select Sector SPDR ETF | XLV | 4.49% |
| State Street SPDR S&P Aerospace & Defense ETF | XAR | 4.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $2.6275 | Dec 23, 2025 |
| Dec 18, 2024 | $2.6764 | Dec 19, 2024 |
| Dec 18, 2023 | $0.1111 | Dec 19, 2023 |
| Dec 19, 2022 | $0.3127 | Dec 20, 2022 |
| Dec 20, 2021 | $0.8145 | Dec 21, 2021 |
| Dec 21, 2020 | $0.7634 | Dec 21, 2020 |