Icon Bond Fund Quote

IOBAX Fund  USD 8.53  0.01  0.12%   

Performance

Insignificant

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Icon Bond is trading at 8.53 as of the 25th of June 2025; that is 0.12% up since the beginning of the trading day. The fund's open price was 8.52. Icon Bond has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 27th of March 2025 and ending today, the 25th of June 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in a broad range of U.S. dollar-denominated fixed income products. These include corporate bonds, notes and debentures, and closed-end funds that invest at least 80 percent of their assets in fixed income securities, as well as U.S. More on Icon Bond Fund

Moving together with Icon Mutual Fund

  0.99IOBZX Icon Bond FundPairCorr
  0.87IOEZX Icon Equity IncomePairCorr
  0.9IOLZX Icon Long/shortPairCorr
  0.9ISTAX Icon LongshortPairCorr
  0.92ICBAX Icon Natural ResourcesPairCorr

Icon Mutual Fund Highlights

Fund ConcentrationICON Funds, Large Funds, Multisector Bond Funds, Multisector Bond, ICON Funds (View all Sectors)
Update Date30th of June 2025
Expense Ratio Date24th of January 2020
Fiscal Year EndSeptember
Icon Bond Fund [IOBAX] is traded in USA and was established 25th of June 2025. Icon Bond is listed under ICON Funds category by Fama And French industry classification. The fund is listed under Multisector Bond category and is part of ICON Funds family. This fund currently has accumulated 154.84 M in assets under management (AUM) with no minimum investment requirementsIcon Bond Fund is currently producing year-to-date (YTD) return of 1.32% with the current yeild of 0.07%, while the total return for the last 3 years was 6.0%.
Check Icon Bond Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Icon Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Icon Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Icon Bond Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Icon Bond Fund Mutual Fund Constituents

FGXXXFirst American FundsMoney Market FundUS Money Market Fund
JLSNuveen Mortgage OpportunityEtfAsset Management
NBBNuveen Build AmericaEtfAsset Management
USGUSCF Gold StrategyEtfCommodities Focused
EIMEaton Vance MbfFundAsset Management
FMNFederated Premier MunicipalFundAsset Management
More Details

Icon Bond Fund Risk Profiles

Icon Bond Against Markets

Other Information on Investing in Icon Mutual Fund

Icon Bond financial ratios help investors to determine whether Icon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Bond security.
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