ICON Utilities and Income Fund Institutional Class (ICTUX)
| Fund Assets | 22.86M |
| Expense Ratio | 1.66% |
| Min. Investment | $1,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 1.92% |
| Dividend Growth | -11.99% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 11.95 |
| YTD Return | 12.14% |
| 1-Year Return | 21.74% |
| 5-Year Return | 51.70% |
| 52-Week Low | 9.60 |
| 52-Week High | 11.95 |
| Beta (5Y) | 0.57 |
| Holdings | 10 |
| Inception Date | Jul 9, 1997 |
About ICTUX
ICON Utilities and Income Fund Institutional Class is a mutual fund focused on delivering long-term capital appreciation through concentrated investments in the utilities sector. The fund typically allocates at least 80% of its net assets—plus any borrowings for investment purposes—into equity securities of utility companies, including those involved in electricity, gas, water, and energy infrastructure. Utilizing a quantitative methodology, the fund selects securities based on specific financial and valuation metrics, aiming to identify opportunities within mid-cap and value-oriented segments of the market. The portfolio is relatively concentrated, with a significant percentage of assets invested in a limited number of holdings; the top 10 positions account for more than half of the fund’s total assets. While this approach can heighten return potential, it also exposes investors to increased sector-specific risk and volatility. The fund is primarily designed for institutional investors seeking exposure to essential service providers and may also incorporate cash and equivalents as part of its holdings. With a higher expense ratio compared to peers and a notable yield, the ICON Utilities and Income Fund Institutional Class plays a distinct role in offering utility-focused equity exposure within the broader landscape of sector funds.
Performance
ICTUX had a total return of 21.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.65%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ICTVX | Investor Class | 1.90% |
Top Holdings
54.45% of assets| Name | Symbol | Weight |
|---|---|---|
| American Electric Power Company, Inc. | AEP | 5.96% |
| Xcel Energy Inc. | XEL | 5.80% |
| Vodafone Group Public Limited Company | VOD | 5.79% |
| Atmos Energy Corporation | ATO | 5.66% |
| Evergy, Inc. | EVRG | 5.53% |
| Ameren Corporation | AEE | 5.45% |
| National Fuel Gas Company | NFG | 5.29% |
| NextEra Energy, Inc. | NEE | 4.99% |
| DTE Energy Company | DTE | 4.99% |
| Consolidated Edison, Inc. | ED | 4.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.0606 | Dec 31, 2025 |
| Sep 30, 2025 | $0.0429 | Sep 30, 2025 |
| Jun 30, 2025 | $0.0545 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0424 | Mar 31, 2025 |
| Dec 31, 2024 | $0.0769 | Dec 31, 2024 |
| Sep 30, 2024 | $0.0416 | Sep 30, 2024 |