ICON Flexible Bond Investor (IOBAX)
| Fund Assets | 510.73M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 158.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 6.35% |
| Dividend Growth | -6.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.41 |
| YTD Return | 1.70% |
| 1-Year Return | 4.50% |
| 5-Year Return | 20.62% |
| 52-Week Low | 8.32 |
| 52-Week High | 8.60 |
| Beta (5Y) | 0.30 |
| Holdings | 10 |
| Inception Date | Sep 30, 2010 |
About IOBAX
ICON Flexible Bond Fund Investor Class is a multi-sector mutual fund that primarily focuses on U.S. dollar-denominated fixed income securities. Its central purpose is to offer diversified exposure to various bond categories by investing at least 80% of its assets—plus any borrowings for investment purposes—in corporate bonds, notes, debentures, closed-end funds focused on fixed income, and U.S. government or agency securities. Noteworthy features include its broad sector allocation across the fixed income universe and the capacity to allocate up to 35% of assets to high-yield, below investment grade bonds, enhancing diversification and yield potential within its portfolio. The fund makes monthly dividend payments, reflecting its income-oriented approach, and has maintained a competitive yield relative to peers in its category. With inception dating back to 2010 and over 120 holdings, ICON Flexible Bond Fund Investor Class occupies a significant role among flexible bond funds that are designed to adapt to changing market conditions while seeking regular income and capital preservation for investors.
Performance
IOBAX had a total return of 4.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.66%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| IOBZX | Institutional Class | 0.95% |
Top Holdings
19.81% of assets| Name | Symbol | Weight |
|---|---|---|
| UMH Properties Inc PRF PERPETUAL USD 25 - Ser D | UMH.6.375 PERP D | 2.46% |
| STWD 2021-FL2 LTD 6.55166% | STWD.2021-FL2 D | 2.39% |
| PNC Financial Services Group Inc. 3.4% | PNC.V3.4 PERP T | 2.26% |
| JPMorgan Chase & Co Pfd | JPM.5.75 PERP DD | 2.18% |
| CRESCENT BK AUTO TR 2026-1 0% | n/a | 2.07% |
| Bxmt Ltd 6.25087% | BXMT.2021-FL4 D | 1.80% |
| LAFAYETE FEDERAL CREDIT UNION ASSET TRUST 2026-HI1 5.5% | n/a | 1.77% |
| Altria Group, Inc. 9.95% | MO.9.95 11.10.38 | 1.75% |
| Nationwide Financial Services, Inc. 6.75% | NATMUT.6.75 05.15.37 | 1.60% |
| AGNC Investment Corp. | AGNC | 1.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.043 | Jun 30, 2026 |
| May 29, 2026 | $0.0391 | May 29, 2026 |
| Apr 30, 2026 | $0.0384 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0413 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0396 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0507 | Jan 30, 2026 |