The most notable companies in this group are Nextera Energy Inc (NYSE:NEE).
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Utilities sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.
The average market capitalization across the ICON Utilities and Income Instl MF is 20.3B. The market cap for tickers in the group ranges from 3.26B to 118.14B. NEE holds the highest valuation in this group at 118.14B. The lowest valued company is OGS at 3.26B.
The average weekly volume growth across all stocks in the ICON Utilities and Income Instl MF was -6%. For the same stocks of the MF, the average monthly volume growth was -17% and the average quarterly volume growth was -11%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 49
P/E Growth Rating: 61
Price Growth Rating: 52
SMR Rating: 74
Profit Risk Rating: 56
Seasonality Score: 25 (-100 ... +100)