|Expense Ratio (net)||1.00%|
|Category||High Yield Bond|
|Morningstar Risk Rating||★★★★|
|Last Cap Gain||0.00|
|Inception Date||Jul 11, 1978|
|Average for Category||N/A|
Jerry Paul, portfolio co-manager of the Icon Bond fund, digs into the details.
Jerry Paul, portfolio co-manager of the ICON Bond fund, isn’t too worried about the direction of interest rates. Paul, who was named fixed-income manager of the year by Morningstar in 1999, when he ran Invesco High Yield (AMHYX), joined ICON Advisers in July 2013, after stints at a hedge fund and as a consultant. Under Paul, ICON Bond (IOBZX) has a 30-day average yield of 3.68%, well above the 10-year Treasury bond’s recent 2.25%.