Intrepid Income Fund Institutional (ICMUX)
9.07
+0.01
(+0.11%)
USD |
Jan 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.96% | 1.231B | -- | 86.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 310.34M | 8.27% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and capital appreciation. The Fund primarily invests in a diversified portfolio of fixed-income securities. The Fund's fixed income securities will consist principally of high-yield corporate debt securities, bank debt, convertible debt, and US Government securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | Short High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short High Yield Funds |
| Fund Owner Firm Name | Intrepid Capital |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
13
-52.18M
Peer Group Low
63.13M
Peer Group High
1 Year
% Rank:
17
310.34M
-131.61M
Peer Group Low
1.616B
Peer Group High
3 Months
% Rank:
19
-73.65M
Peer Group Low
202.78M
Peer Group High
3 Years
% Rank:
18
-680.04M
Peer Group Low
8.031B
Peer Group High
6 Months
% Rank:
19
-99.53M
Peer Group Low
708.91M
Peer Group High
5 Years
% Rank:
22
-334.35M
Peer Group Low
8.288B
Peer Group High
YTD
% Rank:
--
-129.35M
Peer Group Low
-129.35M
Peer Group High
10 Years
% Rank:
29
-525.36M
Peer Group Low
8.297B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 16, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 1.26% |
| Stock | 1.29% |
| Bond | 93.11% |
| Convertible | 0.00% |
| Preferred | 1.26% |
| Other | 3.08% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| The RealReal, Inc. THEREAAC 8.75 03/01/2029 FIX USD Corporate 144A | 3.77% | -- | -- |
|
GLOBAL TEL*LINK CORP 06-AUG-2029 TERM LOAN
|
2.78% | -- | -- |
| BEACH ACQUISITION BIDCO, LLC BEACHAC 10.0 07/15/2033 FIX USD Corporate 144A | 2.58% | -- | -- |
| Conduent Business Services, LLC CONDBUS 6.0 11/01/2029 FIX USD Corporate 144A | 2.56% | 86.75 | 0.17% |
| Twilio Inc. TWILINC 3.875 03/15/2031 FIX USD Corporate | 2.55% | 95.82 | 0.27% |
| FULL HOUSE RESORTS, INC. FULLHOU 8.25 02/15/2028 FIX USD Corporate 144A | 2.46% | 88.84 | 0.04% |
| Green Plains Inc. GPLAIN 2.25 03/15/2027 FIX USD Corporate | 2.35% | 96.44 | 0.43% |
| Trulieve Cannabis Corp. TRULCAN 10/06/2026 FIX USD Corporate (Called) | 2.35% | 100.00 | 0.00% |
| SKILLZ INC. SKILINC 10.25 12/15/2026 FIX USD Corporate 144A | 2.32% | -- | -- |
| United Natural Foods, Inc. UNFI 6.75 10/15/2028 FIX USD Corporate 144A | 2.23% | 100.28 | 0.14% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.75% |
| Administration Fee | 722.3K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and capital appreciation. The Fund primarily invests in a diversified portfolio of fixed-income securities. The Fund's fixed income securities will consist principally of high-yield corporate debt securities, bank debt, convertible debt, and US Government securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | Short High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short High Yield Funds |
| Fund Owner Firm Name | Intrepid Capital |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (1-14-26) | 7.92% |
| 30-Day SEC Yield (9-30-20) | 7.31% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 92 |
| Bond | |
| Yield to Maturity (9-30-25) | 7.56% |
| Effective Duration | 2.11 |
| Average Coupon | 8.23% |
| Calculated Average Quality | 5.904 |
| Effective Maturity | 3.488 |
| Nominal Maturity | 3.818 |
| Number of Bond Holdings | 78 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 8/16/2010 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:ICMUX", "name") |
| Broad Asset Class: =YCI("M:ICMUX", "broad_asset_class") |
| Broad Category: =YCI("M:ICMUX", "broad_category_group") |
| Prospectus Objective: =YCI("M:ICMUX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |