Expense Ratio History

IOBAX expense ratio history

ICON FLEXIBLE BOND FUND, Investor Class

Fund company
SCM
Type
Mutual fund

1.20%

In basis points
120 basis points
Yearly cost per $10,000
$120
Prospectus dated
1 May 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.22% on 1 May 2026

Fee over time

IOBAX expense ratio: 1.22% until 1 Feb 2021, then 1.25%; 1.25% until 1 May 2021, then 1.28%; 1.28% until 1 May 2022, then 1.10%; 1.10% until 1 May 2023, then 1.19%; 1.19% until 1 May 2024, then 1.34%; 1.34% until 1 May 2025, then 1.22%; 1.22% until 1 May 2026, then 1.20%; read at 1.20% on 1 May 2026.0.00%0.50%1.00%1.50%2.00%Apr 2020May 2021Jun 2022Jul 2023Aug 2024Sep 20251.22% before1.20% from 1 May 2026
IOBAX expense ratio: 1.22% until 1 Feb 2021, then 1.25%; 1.25% until 1 May 2021, then 1.28%; 1.28% until 1 May 2022, then 1.10%; 1.10% until 1 May 2023, then 1.19%; 1.19% until 1 May 2024, then 1.34%; 1.34% until 1 May 2025, then 1.22%; 1.22% until 1 May 2026, then 1.20%; read at 1.20% on 1 May 2026.0.00%0.50%1.00%1.50%2.00%Apr 2020May 2022Jun 20241.22% before1.20% from 1 May 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 2 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
IOBAX (this page) Investor Class 1.20% — 1 May 2026
IOBZX Institutional Class 0.95% — 1 May 2026

Every figure we've recorded

DateFeeWhat happened
1 May 2026 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2026 1.20% Cut from 1.22% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-04-30
1 May 2025 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-05-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 May 2025 1.22% Cut from 1.34% to 1.22%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2025-05-05
1 May 2024 1.34% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2024 1.34% Raised from 1.19% to 1.34%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-04-29
1 May 2023 1.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2023 1.19% Raised from 1.10% to 1.19%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-05-01
1 May 2022 1.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-05-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 May 2022 1.10% Cut from 1.28% to 1.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2022-05-05
1 May 2021 1.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-05-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 May 2021 1.28% Raised from 1.25% to 1.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-05-06
1 Feb 2021 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2021 1.25% Raised from 1.22% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-01-28
13 Jul 2020 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-07-13 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Apr 2020 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-04-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.20% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,461 in fees over 10 years

After fees, $10,000 grows to $14,478.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$123
3 years$383
5 years$663
10 years$1,461

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 9 prospectuses for this share class since 2020. Each one is listed above with a link to the filing.

How we read fees

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