Mutual Fund Insights: ICON Bond I Fund (IOBIX)

In-depth Analysis of ICON Bond I Fund (IOBIX)

3 months 6 months 1 year 3 year 5 year

See ICON Bond I Fund (IOBIX) performance details as of January 31, 2010

  

Last Trade: $10.51 on 3/15/2010, Change: 0.00 (0%)

  

Fund Manager - Todd Burchett

Fund Manager Tenure: 4.1 years   [Similar Funds: IOBCX  IOBZX ]
Fundmojo Fund Grade: B (Score: 0.62)     (What does this score mean?)

Burchett is a portfolio manager and member ICON's Investment Committee. He joined ICON in 2005 as a research analyst and was named portfolio manager in 2006. Prior to joining ICON, Burchett was employed by the Ohio State University as a research and training assistant from 2004 to 2005. From June 2004 to September 2004 he was a Finance Intern with The Micro Entrepreneurial Network of NGOs. Burchett is a Chartered Financial Analyst Level III candidate.  Get more insights on Todd Burchett

  

 What we like about ICON Bond I Fund (IOBIX)

Data for ICON Bond I Fund (IOBIX) as of January 31, 2010

• ICON Bond I Fund (IOBIX) management has been with ICON Bond I Fund for 4.1 years
• ICON Bond I Fund (IOBIX) has good mid-term performance (3-year return 6.38% vs 5.57% Long-Term Bond category average)
• ICON Bond I Fund (IOBIX) has an annual stock turnover rate of 73.71% vs Long-Term Bond average of 173.33%. It is good that ICON Bond I management does not trade extensively for its return.
• ICON Bond I Fund (IOBIX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.71, lower than category average of 11.64

  

 What we are cautious about ICON Bond I Fund (IOBIX)

Data for ICON Bond I Fund (IOBIX) as of January 31, 2010

• ICON Bond I Fund (IOBIX) has a less-than-ideal short-term performance (1-year return 14.82% vs 22.68% Long-Term Bond category average)
• ICON Bond I Fund (IOBIX) has a less-than-ideal Long-term performance (5-year return 4.36% vs 4.53% Long-Term Bond category average)
• ICON Bond I Fund (IOBIX) ratio of up-years vs down years can be improved
• ICON Bond I Fund (IOBIX) has a Morningstar rating of 3 and below
• ICON Bond I Fund (IOBIX) is less safe compared to its Long-Term Bond peers
• ICON Bond I Fund (IOBIX) has a higher management fee of 1.00% than its Long-Term Bond average of 0.88%
• Even though ICON Bond I Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See ICON Bond I Fund (IOBIX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Long-Term Bond category?

Below are some additional Long-Term Bond mutual funds generated out of our database

• Loomis Sayles Investment Grade F/I (LSIGX)    [ Compare with ICON Bond I Fund (IOBIX) ]
• Calvert Long Term Income (CLDAX)    [ Compare with ICON Bond I Fund (IOBIX) ]
• See top fund managers for Long-Term Bond Category Funds
• Browse other funds in Long-Term Bond Category

  

ICON Bond I Fund (IOBIX) Net Asset

Track net asset change of ICON Bond I fund (IOBIX)

Date	Net Asset
01/2010	$168.92M
11/2009	$165.34M
10/2009	$165.23M

More historic net asset information on ICON Bond I Fund (IOBIX)

  

ICON Bond I Fund (IOBIX) Portfolio Allocation

Track portfolio allocation change of ICON Bond I fund (IOBIX)

Date	Cash	Stock	Bond	Other
09/2009	5.61%	0%	94.38%	0%
06/2009	17.24%	0%	82.75%	0.02%
03/2009	20.7%	0%	79.28%	0.02%

Click here to see more historic asset allocation information on ICON Bond I Fund (IOBIX)

  

Most Recent Top 10 Holdings in ICON Bond I Fund (IOBIX)

Discover what ICON Bond I Fund (IOBIX) manager is buying

30-Sep-09 Daimler Chrysler North Amer Hl 6.5% [1.58%] Lincoln Natl Corp Ind 8.75% [1.36%] Bb&T 6.5% [1.24%] Prudential Finl 6.1% [1.21%] Torchmark 6.375% [1.2%] Jpmorgan Chase 6.625% [1.18%] Hsbc Fin 5% [1.18%] Coventry Health Care 5.875% [1.16%] Wachovia Corp Global Mtn FRN [1.12%] Ppl Engy Sply 6.5% [1.11%]

30-Jun-09 Daimler Chrysler North Amer Hl 6.5% [1.59%] Jpmorgan Chase 6.75% [1.31%] Hm Depot 5.2% [1.29%] Bb&T 6.5% [1.29%] Hm Depot 5.25% [1.28%] At&T Broadband 8.375% [1.25%] Jpmorgan Chase 6.625% [1.22%] General Elec Cap FRN [1.18%] HSBC FINANCE [1.16%] Wachovia Corp Global Mtn FRN [1.12%]

31-Mar-09 US Treasury Note 1.625% [3.3%] US Treasury Note [3.24%] Daimler Chrysler North Amer Hl 6.5% [1.67%] Jpmorgan Chase 6.75% [1.5%] Hm Depot 5.2% [1.48%] Oracle FRN [1.47%] US Treasury Note 0.625% [1.46%] J P Morgan Chase FRN [1.44%] Hm Depot 5.25% [1.44%] At&T Broadband 8.375% [1.38%]

Click here for Stock Holding Change Map in ICON Bond I Fund (IOBIX)

  

Related books and products to ICON Bond I Fund (IOBIX)

  

Latest News on ICON Bond I (IOBIX)

See what is happening with ICON Bond I Fund (IOBIX)

Yahoo! Finance: RSS feed not found See more news on ICON Bond I Fund (IOBIX)

 

Books and Resources

 

 

See more information on ICON Bond I Fund (IOBIX)

• ICON Bond I Fund Insights
• ICON Bond I Fund Performance Data
• ICON Bond I Fund News
• ICON Bond I Fund Score Explaination
• ICON Bond I Fund Manager Information
• Historic ICON Bond I Fund Asset Allocation Report
• Historic ICON Bond I Fund Top 10 Holding Tracking
• Historic ICON Bond I Fund Asset Under Management Tracking