- ISIN
- US0454198013
- CUSIP
- 045419801
- Issuer
- BlackRock
- Inception Date
- Jun 30, 1953
- Category
- Large Cap Blend Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
IICAX Performance Chart
Asset Management Fund Large Cap Equity Fund (IICAX) is up 7.7% since the beginning of the year. IICAX is currently trading at $12 per share. Investors who bought $1,000 worth of IICAX shares 5 years ago would now be looking at an investment worth $1,829.
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Returns By Period
Asset Management Fund Large Cap Equity Fund (IICAX) has returned 7.72% so far this year and 21.86% over the past 12 months. Over the last ten years, IICAX has returned 11.46% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Asset Management Fund Large Cap Equity Fund
- 1D
- 0.33%
- 1M
- 0.41%
- YTD
- 7.72%
- 6M
- 7.26%
- 1Y
- 21.86%
- 3Y*
- 16.18%
- 5Y*
- 12.83%
- 10Y*
- 11.46%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IICAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 30, 1970, IICAX's average daily return is +0.17%, while the average monthly return is +2.18%. At this rate, an investment would double in approximately 2.7 years.
Historically, 58% of months were positive and 42% were negative. The best month was Jun 2004 with a return of +1,364.8%, while the worst month was Jan 2007 at -93.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, IICAX closed higher 50% of trading days. The best single day was Jun 17, 2004 with a return of +1,357.8%, while the worst single day was Jan 9, 2007 at -93.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.72% | 1.45% | -4.74% | 7.88% | 0.33% | 0.25% | 7.72% | ||||||
| 2025 | 3.65% | -4.46% | -2.73% | -2.50% | 5.41% | 3.87% | 1.21% | 3.42% | 2.74% | 0.56% | 1.04% | 0.20% | 12.59% |
| 2024 | 1.29% | 3.53% | 3.79% | -4.66% | 4.21% | 2.97% | 2.59% | 3.05% | 1.68% | -1.33% | 4.13% | -3.52% | 18.66% |
| 2023 | 4.76% | -2.96% | 2.11% | 2.67% | -0.52% | 6.56% | 3.53% | -1.99% | -3.70% | -1.61% | 6.95% | 4.75% | 21.70% |
| 2022 | -4.66% | -3.04% | 3.67% | -7.80% | 0.60% | -7.82% | 7.74% | -3.59% | -8.80% | 9.19% | 8.21% | -5.00% | -12.87% |
| 2021 | -1.44% | 2.81% | 5.46% | 3.85% | 1.80% | 1.58% | 3.00% | 2.26% | -4.66% | 9.06% | -0.27% | 6.10% | 33.00% |
Benchmark Metrics
Asset Management Fund Large Cap Equity Fund has an annualized alpha of 39.43%, beta of 0.77, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 30, 1970.
- This fund participated in 85.24% of S&P 500 Index downside but only 64.17% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 39.43%
- Beta
- 0.77
- R²
- 0.00
- Upside Capture
- 64.17%
- Downside Capture
- 85.24%
Expense Ratio
IICAX has a high expense ratio of 1.71%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
IICAX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Asset Management Fund Large Cap Equity Fund (IICAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IICAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 2.78 | +0.26 |
| Martin ratioReturn relative to average drawdown | 13.08 | 12.44 | +0.65 |
Dividends
Dividend History
Asset Management Fund Large Cap Equity Fund provided a 10.44% dividend yield over the last twelve months, with an annual payout of $1.28 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.28 | $1.28 | $0.71 | $0.94 | $0.87 | $0.61 | $0.35 | $0.43 | $0.94 | $0.07 | $2.64 | $0.80 |
Dividend yield | 10.44% | 11.22% | 6.32% | 9.33% | 9.58% | 5.38% | 3.83% | 5.15% | 13.41% | 0.85% | 30.91% | 8.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Asset Management Fund Large Cap Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.02 | ||||||
| 2025 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.26 | $1.28 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.70 | $0.71 |
| 2023 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.91 | $0.94 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 | $0.87 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Asset Management Fund Large Cap Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Asset Management Fund Large Cap Equity Fund was 96.26%, occurring on Mar 9, 2009. The portfolio has not yet recovered.
The current Asset Management Fund Large Cap Equity Fund drawdown is 67.77%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -96.26%Mar 2009 | 2y 2mo | — | 19y 6moDec 2006 - now |
1995 bear market1995 | -68.77%Jan 1995 | 7y 3mo | 9y 5mo | 16y 8moSep 1987 - Jun 2004 |
1974 bear market1974 | -50.09%Sep 1974 | 1y 8mo | 11y 9mo | 13y 5moJan 1973 - Jun 1986 |
1970 bear market1970 | -21.18%Jun 1970 | 3mo 1d | 6mo 4d | 9mo 5dMar 1970 - Dec 1970 |
1986 correction1986 | -17.22%Dec 1986 | 5mo 4d | 6mo 1d | 11mo 5dJul 1986 - Jun 1987 |
Drawdown Indicators
| IICAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.26% | -56.78% | -39.48% |
Max Drawdown (1Y)Largest decline over 1 year | -7.25% | -9.10% | +1.85% |
Max Drawdown (3Y)Largest decline over 3 years | -17.69% | -18.90% | +1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -22.79% | -25.43% | +2.64% |
Max Drawdown (10Y)Largest decline over 10 years | -39.01% | -33.92% | -5.09% |
Current DrawdownCurrent decline from peak | -67.77% | -1.80% | -65.97% |
Average DrawdownAverage peak-to-trough decline | -68.17% | -10.71% | -57.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.03% | -0.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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