ICON Equity Income Fund Investor (IEQAX)
ICON Equity Income Fund Investor operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Greenwood Village, CO, US. The stock last traded at $19.94, up 0.50% on the session, giving a market capitalisation of $88.8M. Its beta of 0.94 implies it has historically moved less than the broad market.
This fund primarily invests a minimum of 80% of its net assets, including any borrowed funds for investment purposes, in equity instruments. These encompass shares from companies of all market capitalizations, alongside convertible and preferred securities, with a particular emphasis on those issued by dividend-paying firms. The portfolio has the flexibility to allocate up to 25% of its holdings within a single industry sector. Furthermore, the fund may hold securities issued by U.S. government agencies or government-sponsored enterprises, and it can invest in investment-grade debt. Notably, up to one-quarter of its total assets may be allocated to securities deemed lower-rated by both S&P and Moody's.
ICON Equity Income Fund Investor is most often compared with the following Financial Services names: