About ICMVX
Intrepid Capital Fund Institutional Class is a flexible portfolio mutual fund that targets long-term capital appreciation along with high current income. Its primary investment strategy centers on allocating assets across a diversified mix of undervalued small and medium capitalization equities as well as high yield fixed income securities, commonly known as junk bonds. By focusing on these market segments, the fund seeks to capture value opportunities while managing risk through diversification. The fund typically invests in companies that are internally financed, generate excess cash flow, and operate in industries with stable and predictable revenue streams. With a minimum investment requirement of $250,000, the Institutional Class is tailored for sophisticated or institutional investors. Managed by Intrepid Capital Management and led by experienced professionals, the fund is known for its active management and rigorous security selection process. It pays quarterly dividends and maintains a net expense ratio of 1.15%, reflecting a commitment to balancing cost and performance. The Intrepid Capital Fund Institutional Class plays a distinctive role in the market by offering access to both equity and high-yield credit opportunities, aiming to deliver balanced risk-adjusted returns over time.
Fund Family Intrepid Funds
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ICMVX
Share Class Institutional Class
Index Index is not available on Lipper Database
ICMVX had a total return of 12.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.68%.
