ICON Utilities and Income Instl (ICTUX)
| Fund Assets | 23.56M |
| Expense Ratio | 1.66% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.66% |
| Dividend Growth | -13.18% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.95 |
| YTD Return | 13.21% |
| 1-Year Return | 19.12% |
| 5-Year Return | 41.49% |
| 52-Week Low | 10.13 |
| 52-Week High | 12.51 |
| Beta (5Y) | 0.47 |
| 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 19.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.00%.
Top Holdings
53.96% of assets| Name | Symbol | Weight |
|---|---|---|
| NRG Energy, Inc. | NRG | 9.39% |
| DTE Energy Company | DTE | 5.45% |
| Atmos Energy Corporation | ATO | 5.38% |
| Xcel Energy Inc. | XEL | 5.16% |
| NextEra Energy, Inc. | NEE | 5.04% |
| Consolidated Edison, Inc. | ED | 4.85% |
| NiSource Inc. | NI | 4.83% |
| Ameren Corporation | AEE | 4.76% |
| Eversource Energy | ES | 4.62% |
| Evergy, Inc. | EVRG | 4.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0437 | Jun 30, 2026 |
| Mar 31, 2026 | $0.0398 | Mar 31, 2026 |
| 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 |