ICON FLEXIBLE BOND FUND

Fund Profile

Fund profile

Tickers

IOBAX, IOBZX

Fund manager

SCM Trust

Total assets

$352.68 mm

Liabilities

$2.26 mm

Net assets

$350.41 mm

Number of holdings

121.00

121 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Argo Group US, Inc. 6.500% SENIOR NOTES DUE 2042	12.22 mm	546.49 k shares	3.49	Preferred equity	Long	USA
First American Funds Inc. GOVT OBLIGS X	10.76 mm	10.76 mm other units	3.07	Short-term investment vehicle	Long	USA
FASST 2022-S1 A1	9.03 mm	9.26 mm principal	2.58	ABS-other	Long	USA
UMH UMH Properties, Inc.	8.68 mm	380.58 k shares	2.48	Preferred equity	Long	USA
AAL 4 07/15/25	8.47 mm	8.57 mm principal	2.42	ABS-other	Long	USA
FARMCB V7.75 PERP	7.53 mm	7.17 mm principal	2.15	Debt	Long	USA
AAL 3.85 02/15/28 B	7.48 mm	7.97 mm principal	2.13	ABS-other	Long	USA
UAL 3.45 07/07/28 A	7.10 mm	7.57 mm principal	2.03	ABS-other	Long	USA
FITB Fifth Third Bancorp	6.69 mm	6.72 mm principal	1.91	Debt	Long	USA
FYBR 2023-1 C	6.39 mm	6.00 mm principal	1.82	ABS-other	Long	USA
USRE 2021-1 B1	6.06 mm	6.75 mm principal	1.73	ABS-other	Long	USA
NLY Annaly Capital Management, Inc.	5.99 mm	327.23 k shares	1.71	Common equity	Long	USA
UAL 3.7 03/01/30 A	5.93 mm	6.51 mm principal	1.69	ABS-other	Long	USA
Fusion Family Wealth LLC	5.07 mm	240.58 k shares	1.45	Common equity	Long	USA
VREX Varex Imaging Corporation	5.06 mm	4.95 mm principal	1.44	Debt	Long	USA
SCHW The Charles Schwab Corporation	4.84 mm	5.00 mm principal	1.38	Debt	Long	USA
AER V6.5 06/15/45	4.50 mm	4.51 mm principal	1.28	Debt	Long	USA
FASST 2022-S3 A1	4.46 mm	4.56 mm principal	1.27	ABS-other	Long	USA
SCHW The Charles Schwab Corporation	4.37 mm	4.50 mm principal	1.25	Debt	Long	USA
iShares Trust BARCLAYS 20+ TREAS BD FD	4.15 mm	47.50 k shares	1.18	Common equity	Long	USA
CBB 6.3 12/01/28	4.12 mm	4.32 mm principal	1.18	Debt	Long	USA
CRBG Corebridge Financial, Inc.	4.10 mm	4.00 mm principal	1.17	Debt	Long	USA
ETR Entergy Corporation	4.07 mm	4.00 mm principal	1.16	Debt	Long	USA
TSO Andeavor LLC	3.99 mm	4.00 mm principal	1.14	Debt	Long	USA
WFC Wells Fargo & Company	3.98 mm	4.10 mm principal	1.14	Debt	Long	USA
FTAI 5.5 05/01/28 144A	3.91 mm	4.00 mm principal	1.12	Debt	Long	USA
WFC Wells Fargo & Company	3.81 mm	3.19 k shares	1.09	Preferred equity	Long	USA
CVS CVS Health Corporation	3.63 mm	3.45 mm principal	1.04	Debt	Long	USA
C Citigroup Inc.	3.57 mm	3.50 mm principal	1.02	Debt	Long	USA
GSBD Goldman Sachs BDC, Inc.	3.53 mm	291.90 k shares	1.01	Common equity	Long	USA
SCHW The Charles Schwab Corporation	3.48 mm	3.50 mm principal	0.99	Debt	Long	USA
AGNC AGNC Investment Corp.	3.47 mm	377.13 k shares	0.99	Common equity	Long	USA
FYBR 2024-1 C	3.35 mm	3.00 mm principal	0.96	ABS-other	Long	USA
BAC Bank of America Corporation	3.33 mm	2.73 k shares	0.95	Preferred equity	Long	USA
PNC The PNC Financial Services Group, Inc.	3.29 mm	3.50 mm principal	0.94	Debt	Long	USA
AAL 3.95 07/11/30 B	3.22 mm	3.49 mm principal	0.92	ABS-other	Long	USA
DELL 7.1 04/15/28	3.19 mm	3.00 mm principal	0.91	Debt	Long	USA
COF Capital One Financial Corporation	3.08 mm	162.08 k shares	0.88	Preferred equity	Long	USA
TALRES 7.65 06/15/27	3.05 mm	3.00 mm principal	0.87	Debt	Long	USA
ET 6 02/01/29 144A	3.04 mm	3.00 mm principal	0.87	Debt	Long	USA
JPM V4.6 PERP HH	2.99 mm	3.00 mm principal	0.85	Debt	Long	USA
EVM Eaton Vance California Municipal Bond Fund	2.98 mm	324.89 k shares	0.85	Common equity	Long	USA
ENB Enbridge Inc.	2.97 mm	3.00 mm principal	0.85	Debt	Long	Canada
C Citigroup Inc.	2.91 mm	3.00 mm principal	0.83	Debt	Long	USA
D Dominion Energy, Inc.	2.91 mm	3.00 mm principal	0.83	Debt	Long	USA
CMU MFS High Yield Municipal Trust	2.89 mm	821.46 k shares	0.83	Common equity	Long	USA
IEP 9 06/15/30	2.88 mm	3.00 mm principal	0.82	Debt	Long	USA
CIMXP Cimarex Energy Co	2.76 mm	3.00 mm principal	0.79	Debt	Long	USA
HFRO Highland Funds I - Highland Income Fund	2.72 mm	524.52 k shares	0.78	Common equity	Long	USA
MET MetLife, Inc.	2.67 mm	2.00 mm principal	0.76	Debt	Long	USA
SMB 2014-A C	2.63 mm	3.00 mm principal	0.75	ABS-other	Long	USA
AAL 3.5 02/15/32 A	2.61 mm	2.95 mm principal	0.75	ABS-other	Long	USA
CACC Credit Acceptance Corporation	2.60 mm	2.60 mm principal	0.74	Debt	Long	USA
BBDC Barings BDC, Inc.	2.58 mm	269.30 k shares	0.74	Common equity	Long	USA
SUMMPL 8.625 10/31/29 144A	2.57 mm	2.48 mm principal	0.73	Debt	Long	USA
JBLU 8 11/15/27 2019	2.54 mm	2.50 mm principal	0.73	ABS-other	Long	USA
UAL 4.55 08/25/31 A	2.54 mm	2.73 mm principal	0.72	ABS-other	Long	USA
BNS V4.9 PERP	2.47 mm	2.50 mm principal	0.71	Debt	Long	Canada
APTV V6.875 12/15/54	2.44 mm	2.50 mm principal	0.70	Debt	Long	Jersey
ESGR V5.5 01/15/42	2.39 mm	2.50 mm principal	0.68	Debt	Long	USA
HYB The New America High Income Fund Inc.	2.37 mm	290.16 k shares	0.68	Common equity	Long	USA
SAMMON 4.75 04/08/32 144A	2.29 mm	2.50 mm principal	0.65	Debt	Long	USA
UAL 3.65 01/07/26	2.17 mm	2.22 mm principal	0.62	ABS-other	Long	USA
JPM V4 PERP II	2.17 mm	2.19 mm principal	0.62	Debt	Long	USA
MNK 14.75 11/14/28 144A	2.14 mm	2.00 mm principal	0.61	Debt	Long	Luxembourg
MCK 7.65 03/01/27	2.12 mm	2.00 mm principal	0.60	Debt	Long	USA
HASI 8 06/15/27 144A	2.08 mm	2.00 mm principal	0.59	Debt	Long	USA
AEP American Electric Power Company, Inc.	2.07 mm	2.00 mm principal	0.59	Debt	Long	USA
WFC V6.85 PERP	2.06 mm	2.00 mm principal	0.59	Debt	Long	USA
DAC 8.5 03/01/28 144A	2.06 mm	2.01 mm principal	0.59	Debt	Long	Marshall Islands
CIT Cit Group Inc	2.05 mm	2.00 mm principal	0.59	Debt	Long	USA
FG F&G Annuities & Life, Inc.	2.04 mm	2.00 mm principal	0.58	Debt	Long	USA
NSUS 6.375 10/01/30	2.01 mm	2.00 mm principal	0.57	Debt	Long	USA
C Citigroup Inc.	1.99 mm	2.00 mm principal	0.57	Debt	Long	USA
UIRCHD 4.25 06/30/25	1.98 mm	2.00 mm principal	0.57	Debt	Long	USA
TFC Truist Financial Corporation	1.95 mm	2.00 mm principal	0.56	Debt	Long	USA
CXH MFS Investment Grade Municipal Trust	1.95 mm	244.30 k shares	0.56	Common equity	Long	USA
DFS Discover Financial Services	1.95 mm	2.00 mm principal	0.56	Debt	Long	USA
CASCN 5.375 01/15/28 144A	1.94 mm	2.00 mm principal	0.55	Debt	Long	Canada
HBAN Huntington Bancshares Incorporated	1.91 mm	2.00 mm principal	0.55	Debt	Long	USA
IAGLN 2.9 03/15/35 144A	1.90 mm	2.16 mm principal	0.54	ABS-other	Long	UK
USRE 2021-1 A1	1.84 mm	2.00 mm principal	0.53	ABS-other	Long	USA
EMBC Embecta Corp.	1.84 mm	2.00 mm principal	0.53	Debt	Long	USA
CHTR 4.75 03/01/30 144A	1.83 mm	2.00 mm principal	0.52	Debt	Long	USA
ACACN 3.7 01/15/26 144A	1.82 mm	1.87 mm principal	0.52	ABS-other	Long	Canada
JBLU 7.75 11/15/28 1B	1.76 mm	1.73 mm principal	0.50	ABS-other	Long	USA
CCS Century Communities, Inc.	1.75 mm	1.75 mm principal	0.50	Debt	Long	USA
RSF RiverNorth Capital and Income Fund, Inc.	1.72 mm	111.23 k shares	0.49	Common equity	Long	USA
EPD V0 08/16/77 D	1.70 mm	1.71 mm principal	0.49	Debt	Long	USA
RCAP 10 08/15/30 144A	1.64 mm	1.50 mm principal	0.47	Debt	Long	USA
MERC Mercer International Inc.	1.61 mm	1.50 mm principal	0.46	Debt	Long	USA
UAL 6.5 06/20/27 144A	1.51 mm	1.50 mm principal	0.43	Debt	Long	USA
VST 5 07/31/27 144A	1.43 mm	1.46 mm principal	0.41	Debt	Long	USA
IAGLN 3.9 09/15/31 144A	1.39 mm	1.48 mm principal	0.40	ABS-other	Long	UK
VST 5.5 09/01/26 144A	1.35 mm	1.35 mm principal	0.38	Debt	Long	USA
VNT Vontier Corporation	1.29 mm	1.50 mm principal	0.37	Debt	Long	USA
NOG Northern Oil and Gas, Inc.	1.27 mm	1.25 mm principal	0.36	Debt	Long	USA
MTZ MasTec, Inc.	1.25 mm	1.25 mm principal	0.36	Debt	Long	USA
ACI 4.625 01/15/27 144A	1.22 mm	1.25 mm principal	0.35	Debt	Long	USA
CAG Conagra Brands, Inc.	1.19 mm	1.15 mm principal	0.34	Debt	Long	USA
AAL 3.65 06/15/28 A	1.16 mm	1.24 mm principal	0.33	ABS-other	Long	USA
AAL 4 09/22/27 A	1.15 mm	1.19 mm principal	0.33	ABS-other	Long	USA
HSBC HSBC Holdings plc	1.09 mm	1.00 mm principal	0.31	Debt	Long	UK
DISH DISH Network CORP	1.06 mm	1.00 mm principal	0.30	Debt	Long	USA
ENB Enbridge Inc.	1.05 mm	1.00 mm principal	0.30	Debt	Long	Canada
EQM Midstream Partners, LP	1.02 mm	1.00 mm principal	0.29	Debt	Long	USA
SIZPLT 8.5 11/28/25 144A	998.01 k	1.00 mm principal	0.28	Debt	Long	USA
RJF Raymond James Financial, Inc.	966.05 k	38.51 k shares	0.28	Preferred equity	Long	USA
HUNTCO 5.25 04/15/29 144A	947.85 k	1.00 mm principal	0.27	Debt	Long	USA
GT The Goodyear Tire & Rubber Company	941.94 k	936.00 k principal	0.27	Debt	Long	USA
ALL The Allstate Corporation	900.13 k	900.00 k principal	0.26	Debt	Long	USA
MAV Pioneer Municipal High Income Advantage Fund, Inc.	793.74 k	94.16 k shares	0.23	Common equity	Long	USA
UAL 4.6 03/01/26 B	755.22 k	766.08 k principal	0.22	ABS-other	Long	USA
ACACN 4.125 12/15/27 144A	707.76 k	741.20 k principal	0.20	ABS-other	Long	Canada
AAL 3.7 10/15/25 B	677.33 k	685.62 k principal	0.19	ABS-other	Long	USA
CVSPAS 4.704 01/10/36 144A	584.09 k	629.93 k principal	0.17	Debt	Long	USA
PCF High Income Securities Fund	580.37 k	88.88 k shares	0.17	Common equity	Long	USA
FITB Fifth Third Bancorp	498.74 k	500.00 k principal	0.14	Debt	Long	USA
FG 5.5 05/01/25 144A	315.98 k	316.00 k principal	0.09	Debt	Long	USA
CPNLQ Calpine Corp	232.71 k	233.00 k principal	0.07	Debt	Long	USA
VPV Invesco Pennsylvania Value Municipal Income Trust	202.61 k	19.69 k shares	0.06	Common equity	Long	USA