# Portfolio overlap — ACEFX vs IOBAX Comparing **ABSOLUTE CEF OPPORTUNITIES** (2026-03-31) and **ICON FLEXIBLE BOND FUND** (2026-03-31). - Shared positions: 4 - ABSOLUTE CEF OPPORTUNITIES covered by ICON FLEXIBLE BOND FUND: 0.03282350243023212653521766264 - ICON FLEXIBLE BOND FUND covered by ABSOLUTE CEF OPPORTUNITIES: 0.03282350243023212653521766264 ## ABSOLUTE CEF OPPORTUNITIES — top positions | Security | Weight | Shared | |----------|--------|--------| | BlackRock Corporate High Yield Fund, Inc. | 0.107952 | | | Nuveen Real Asset Income and Growth Fund | 0.086285 | | | Liberty All-Star Equity Fund USD Class | 0.083806 | | | NXG Cushing Midstream Energy Fund | 0.058804 | | | Nuveen S&P 500 Dynamic Overwrite Fund | 0.058610 | | | CLOSED-E | 0.049239 | | | NYLI CBRE Global Infrastructure Megatrends Term Fund COM | 0.042457 | | | Saba Capital Income & Opportunities Fund | 0.037814 | | | NUVEEN CREDIT STRAT INC F | 0.034849 | ✓ | | Liberty All Star Growth Fund, Inc. USD Class | 0.030926 | | | BlackRock Energy and Resources Trust | 0.029912 | | | Neuberger Real Estate Securities Income Fund Inc | 0.028685 | | | abrdn Income Credit Strategies Fund | 0.027198 | | | RiverNorth Opportunities Fund, Inc. | 0.026441 | | | Nuveen Floating Rate Income Fund COM | 0.024108 | ✓ | | FS Credit Opportunities Corporation USD Class | 0.022574 | | | Western Asset High Yield Opportunity Fund Inc | 0.021548 | | | DoubleLine Opportunistic Credit Fund | 0.021349 | | | Blackrock Floating Rate Income Trust COM | 0.017512 | ✓ | | LMP Capital and Income Fund, Inc. | 0.016464 | | | Invesco Senior Income Trust | 0.015730 | ✓ | | BlackRock MuniAssets Fund, Inc. | 0.015591 | | | Franklin Ltd. Duration Income Trust USD Class | 0.014976 | | | XAI Madison Equity Premium Income Fund | 0.014345 | | | Destra Multi-Alternative Fund | 0.011577 | | | AllianceBernstein Global High Income Fund, Inc. | 0.011050 | | | FS Specialty Lending Fund | 0.009711 | | | Virtus Stone Harbor Emerging Markets Income Fund | 0.008949 | | | John Hancock Premium Dividend Fund | 0.008651 | | | BlackRock Floating Rate Income Strategies Fund, Inc. | 0.008474 | | | BLKR-SCI & TECH | 0.008464 | | | Pioneer Floating Rate Fund, Inc. | 0.007920 | | | High Income Securities Fund | 0.007392 | | | FIRST AM-TR OB-X | 0.007280 | | | WESTERN ASSET GLOBAL HIGH INCOME FUND INC | 0.004892 | | | Pioneer Municipal High Income Advantage Fund, Inc. | 0.004721 | | | abrdn Life Sciences Investors | 0.004371 | | | Pioneer Diversified High Income Fund, Inc. | 0.003835 | | | Pioneer Municipal High Income Fund Trust | 0.002687 | | | Pioneer High Income Fund, Inc. | 0.000927 | | | Pioneer Municipal High Income Opportunities Fund, Inc. | 0.000867 | | | Advent Convertible and Income Fund | 0.000693 | | | NXG NEXTGEN INFRASTRUCTURE INCOME FUND | 0.000244 | | | BlackRock Utilities Infrastructure & Power Opportunities Trust Rights | 0.000069 | | | Gabelli Equity Trust, Inc. (The) RIGHTS | 0.000053 | | | Neuberger High Yield Strategies Fund, Inc. Rights | 0.000000 | | ## ICON FLEXIBLE BOND FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | US ULTRA BOND CBT Sep25 | 0.030243 | | | Nuveen Floating Rate Income Fund COM | 0.026352 | ✓ | | STWD Ltd., Series 2021-FL2, Class D | 0.025889 | | | The PNC Financial Services Group, Inc. | 0.024107 | | | UMH Properties, Inc., 6.375%, Series D | 0.023077 | | | BXMT 2026-FL6 D | 0.020401 | | | LAFAYETE FEDERAL CREDIT UNION ASSET TRUST 2026-HI1 ABS 2048-02-25 USD | 0.019871 | | | BXMT Ltd. Series 2021-FL4, Class D | 0.019825 | | | FLX 2021-1A C | 0.018241 | | | FRST AM-GV OB-X | 0.017720 | | | Wells Fargo & Co., Series L, Conv. Pfd. | 0.017009 | | | Bank of America Corp., Series L, Conv. Pfd. | 0.016834 | | | FARM CREDIT BK OF TEXAS JR SUBORDINA 12/99 VAR | 0.015210 | | | NATIONWIDE FIN | 0.014174 | | | FITB V0 PERP J | 0.013656 | | | Summit Midstream Holdings, LLC | 0.013624 | | | BANK5 2024-5YR8 E | 0.013321 | | | AGNC INVESTMENT CORP | 0.012369 | | | BBCMS 2024-5C27 E | 0.012123 | | | JPMorgan Chase & Co., Series DD, Pfd. | 0.011796 | | | PacifiCorp | 0.011570 | | | CINCINNATI BELL TELEPHONE CO L SR SECURED 12/28 6.3 | 0.010957 | | | AL V4.125 PERP C | 0.010908 | | | Atrium Hotel Portfolio Trust 2024-ATRM | 0.010397 | | | FARM CREDIT BK OF TEXAS JR SUBORDINA 12/99 VAR | 0.010353 | | | BX Mortgage Trust, Series 2025-BIO3, Class D | 0.010194 | | | Nexpoint Real Estate Finance Inc | 0.010183 | | | KREF Ltd., Series 2021-FL2, Class D | 0.010144 | | | LOANCORE 2021 CRE6 ISSUER LTD | 0.010140 | | | NEXTERA ENERGY | 0.009836 | | | Charles Schwab Corp. (The), Series K | 0.009084 | | | VMC FINANCE LLC VMC 2021 FL4 C 144A | 0.008974 | | | GPMT 2021-FL4 E | 0.008910 | | | Goldman Sachs Group, Inc. (The), Series D, Pfd. | 0.008859 | | | MTB V3.5 PERP | 0.008719 | | | USRE 2021-1 B1 | 0.008672 | | | Horizon Mutual Holdings, Inc. | 0.008599 | | | GNW V0 11/15/36 | 0.008525 | | | GPMT 2021-FL3 D | 0.008368 | | | ENTERGY CORP | 0.008366 | | | COREBRIDGE FIN | 0.008227 | | | FTAI AVIATION INVESTORS REGD 144A P/P 5.50000000 | 0.008162 | | | ANDEAV 5.125 12/15/26 | 0.008140 | | | PHILLIPS 66 CO | 0.008040 | | | Benchmark 2024-V5 Mortgage Trust | 0.007918 | | | VISANT 8.375 12/01/31 144A | 0.007482 | | | MSBAM 2025-5C1 E | 0.007295 | | | STWD 2022 FL3 LTD | 0.007265 | | | Annaly Capital Management, Inc., Series G, Pfd. | 0.007215 | | | C V7.125 PERP CC | 0.007214 | | ## Sources - N-PORT (fund A) — accession `0000910472-26-007215` (as of 2026-03-31) - N-PORT (fund B) — accession `0002000324-26-002237` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _