ICON Natural Resources and Infrastructure Fund Institutional (ICBMX)
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ICON Natural Resources and Infrastructure Fund Institutional Profile
| NASDAQ Exchange | US Country |
Overview
The company is a financial institution that specializes in managing a fund dedicated to investing primarily in a diversified portfolio of U.S. dollar-denominated fixed income products. With a focus on securing at least 80% of its net assets, in addition to any borrowings for investment purposes, the company aims at providing its investors with consistent returns and risk management through a comprehensive approach to fixed income investing. This strategy encompasses a broad spectrum of fixed income securities, ensuring a balanced and robust portfolio designed to navigate the complexities of the financial markets and yield potential benefits for its investors over time.
Products and Services
- Corporate Bonds, Notes, and Debentures:
- Closed-end Funds:
- U.S. Government and Agency Securities:
These fixed income securities are issued by corporations and represent a form of borrowing. Investors in these securities are essentially lending money to the corporation for a specified period, during which they receive interest payments. At maturity, the issuer repays the principal amount. The fund targets these securities for their potential to offer higher yields compared to government securities, albeit with a higher level of risk.
The fund invests in closed-end funds that dedicate at least 80% of their assets to fixed income securities. Closed-end funds are publicly traded investment products with a fixed number of shares. They offer investors exposure to a diversified portfolio of assets managed by professionals. Investing in these funds allows the company to tap into a range of fixed income securities indirectly, potentially enhancing the portfolio's diversity and return profile.
These are debt securities issued by the United States government and its agencies. They include Treasury bonds, notes, bills, and agency bonds. Considered some of the safest investments due to the backing of the U.S. government, these securities offer a lower yield in exchange for lower risk. The fund includes these securities in its portfolio to provide stability and reduce overall investment risk.
