ICMVX: Intrepid Capital Institutional

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ICMVX Intrepid Capital Institutional


Profile

ICMVX - Profile

Vitals

  • YTD Return -11.7%
  • 3 Yr Annualized Return -8.5%
  • 5 Yr Annualized Return -4.8%
  • Net Assets $69.4 M
  • Holdings in Top 10 33.7%

52 WEEK LOW AND HIGH

$9.02
$7.50
$10.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.28%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 54.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $250,000
  • IRA $250,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return -11.7%
  • 3 Yr Annualized Total Return -6.6%
  • 5 Yr Annualized Total Return -2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.84%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Intrepid Capital Fund
  • Fund Family Name
    Intrepid Funds
  • Inception Date
    Apr 30, 2010
  • Shares Outstanding
    5321314
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Travis

Fund Description

The fund invests primarily in a diversified portfolio of undervalued small and medium capitalization equity securities and high yield securities (also known as "junk bonds"). Its investments in high yield securities will not be limited in duration, but typically will be in securities having a duration of two to six years at the time of purchase.


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Categories

Performance

ICMVX - Performance

Return Ranking - Trailing

Period ICMVX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.7% -51.9% 165.7% 88.39%
1 Yr -14.7% -59.7% 132.2% 93.59%
3 Yr -8.5%* -20.1% 29.4% 96.44%
5 Yr -4.8%* -39.7% 11.7% 95.59%
10 Yr -1.7%* -38.5% 12.0% 96.55%

* Annualized

Return Ranking - Calendar

Period ICMVX Return Category Return Low Category Return High Rank in Category (%)
2019 0.8% -39.5% 46.8% 95.81%
2018 -16.1% -31.8% 19.0% 91.56%
2017 5.0% -27.1% 46.3% 64.13%
2016 9.4% -84.5% 146.1% 8.03%
2015 -8.5% -40.7% 14.6% 76.94%

Total Return Ranking - Trailing

Period ICMVX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.7% -51.9% 165.7% 88.39%
1 Yr -14.7% -59.7% 132.2% 93.59%
3 Yr -6.6%* -20.1% 29.4% 95.40%
5 Yr -2.2%* -39.7% 11.7% 90.25%
10 Yr 3.2%* -38.5% 12.8% 79.31%

* Annualized

Total Return Ranking - Calendar

Period ICMVX Return Category Return Low Category Return High Rank in Category (%)
2019 0.8% -39.5% 46.8% 95.81%
2018 -13.1% -27.6% 19.0% 87.89%
2017 8.3% -27.1% 46.3% 60.69%
2016 15.3% -84.5% 146.1% 4.59%
2015 -6.3% -36.9% 14.6% 79.31%

NAV & Total Return History


Holdings

ICMVX - Holdings

Concentration Analysis

ICMVX Category Low Category High ICMVX % Rank
Net Assets 69.4 M 100 K 161 B 75.65%
Number of Holdings 50 2 13590 60.70%
Net Assets in Top 10 23.1 M -35.2 M 27.1 B 79.63%
Weighting of Top 10 33.73% 10.6% 100.0% 56.32%

Top 10 Holdings

  1. Firstcash inc 5.38% 3.86%
  2. Alphabet Inc A 3.80%
  3. Take-Two Interactive Software Inc 3.65%
  4. Berkshire Hathaway Inc Class B 3.56%
  5. Ingles Markets, Incorporated 5.75% 3.34%
  6. TJX Companies Inc 3.26%
  7. Enerpac Tool Group Corp 5.63% 3.08%
  8. Nathans Famous Inc 6.63% 3.07%
  9. Electronic Arts Inc 3.06%
  10. Caleres Inc 6.25% 3.05%

Asset Allocation

Weighting Return Low Return High ICMVX % Rank
Stocks
59.71% -113.74% 77.51% 19.75%
Bonds
33.84% -5.02% 80.79% 70.47%
Cash
5.42% -120.83% 149.68% 48.87%
Convertible Bonds
1.03% -0.67% 85.36% 22.43%
Preferred Stocks
0.00% 0.00% 45.01% 79.63%
Other
0.00% -10.55% 167.50% 73.05%

Stock Sector Breakdown

Weighting Return Low Return High ICMVX % Rank
Communication Services
26.69% 0.00% 42.17% 0.54%
Industrials
16.84% 0.00% 37.04% 3.47%
Financial Services
16.05% 0.00% 60.94% 27.44%
Consumer Cyclical
12.97% 0.00% 45.71% 9.22%
Real Estate
10.41% 0.00% 99.96% 13.56%
Consumer Defense
7.26% 0.00% 21.09% 54.99%
Healthcare
5.88% 0.00% 54.42% 91.21%
Technology
3.90% 0.00% 100.00% 93.49%
Utilities
0.00% 0.00% 100.00% 92.30%
Energy
0.00% 0.00% 100.00% 95.66%
Basic Materials
0.00% 0.00% 24.33% 94.79%

Stock Geographic Breakdown

Weighting Return Low Return High ICMVX % Rank
US
57.42% -112.30% 75.52% 12.14%
Non US
2.29% -2.13% 31.77% 65.23%

Bond Sector Breakdown

Weighting Return Low Return High ICMVX % Rank
Corporate
67.73% 0.00% 100.00% 14.20%
Cash & Equivalents
19.06% -3.87% 100.00% 29.32%
Derivative
13.21% 0.00% 74.57% 3.50%
Securitized
0.00% 0.00% 83.64% 87.55%
Municipal
0.00% 0.00% 99.50% 69.75%
Government
0.00% 0.00% 95.57% 94.34%

Bond Geographic Breakdown

Weighting Return Low Return High ICMVX % Rank
US
30.74% -6.37% 88.92% 70.68%
Non US
3.10% -14.78% 29.41% 52.06%

Expenses

ICMVX - Expenses

Operational Fees

ICMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.28% 0.01% 7.41% 38.57%
Management Fee 1.00% 0.00% 2.50% 88.16%
12b-1 Fee N/A 0.00% 1.00% 6.21%
Administrative Fee N/A 0.01% 0.83% 36.73%

Sales Fees

ICMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ICMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 22.58%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ICMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.00% 0.00% 574.00% 54.67%

Distributions

ICMVX - Distributions

Dividend Yield Analysis

ICMVX Category Low Category High ICMVX % Rank
Dividend Yield 0.00% 0.00% 10.48% 48.05%

Dividend Distribution Analysis

ICMVX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

ICMVX Category Low Category High ICMVX % Rank
Net Income Ratio 1.84% -5.24% 6.65% 47.97%

Capital Gain Distribution Analysis

ICMVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ICMVX - Fund Manager Analysis

Managers

Mark Travis


Start Date

Tenure

Tenure Rank

Jan 03, 2005

15.5

15.5%

Mr. Travis, Portfolio Manager, is a founder and has been the President of Intrepid Capital Management, Inc. since 1994. Prior to founding the firm, Mr. Travis was Vice President of the Consulting Group of Smith Barney and its predecessor firms for ten years. Mr. Travis holds a BA in Economics from the University of Georgia.

Matt Parker


Start Date

Tenure

Tenure Rank

Jan 28, 2019

1.42

1.4%

Matt Parker is a co-lead portfolio manager of the Intrepid Endurance Fund. Mr. Parker joined the Adviser in 2014 and was named a Vice President of the Adviser in 2018. He primarily focuses on domestic small cap equity securities. Mr. Parker was a research analyst for the Adviser from 2014 to 2018 and primarily focused on international equity securities. Prior to joining the Adviser, Mr. Parker was an auditor for Ernst & Young LLP from 2011-2014. A CFA Charterholder and licensed CPA, Mr. Parker received his Master of Accounting degree and BS in Business Administration degree from the University of North Carolina at Chapel Hill.

Joe Van Cavage


Start Date

Tenure

Tenure Rank

Jan 28, 2019

1.42

1.4%

Mr. Van Cavage joined the Intrepid Capital Management Inc in 2018 as Vice President. He primarily focuses on domestic small cap equity securities. Prior to joining the Intrepid, Mr. Van Cavage was manager of Investor Relations at Vistra Energy Corp. from 2017-2018, Investor Relations Analyst at Murphy USA Inc. from 2016-2017, and Equity Research Analyst at River Road Asset Management LLC from 2011-2016. A CFA Charterholder, Mr. Van Cavage received his Master of Business Administration and BS in Civil Engineering degrees from the University of Florida.

Clay Kirkland


Start Date

Tenure

Tenure Rank

Jan 28, 2019

1.42

1.4%

Clay Kirkland is the lead portfolio manager. Mr. Kirkland joined Intrepid Capital in 2012. He is a portfolio manager focusing primarily on mid-cap and large equity securities and previously spent time analyzing high yield fixed income investments and equity securities. A CFA Charterholder, Mr. Kirkland earned his MBA from Columbia Business School in 2011 and received his BS BA degree, cum laude, in Economics from Auburn University.

Hunter Hayes


Start Date

Tenure

Tenure Rank

Jan 28, 2019

1.42

1.4%

Mr. Hayes joined the Adviser in 2017 and was named a Vice President of the Adviser in 2018. He primarily focuses on high yield fixed income investments and was previously a research analyst covering small-cap equity securities. Prior to joining the Adviser, Mr. Hayes was a high yield investment analyst for Eaton Vance from 2015-2017, and a business valuation associate for Deloitte from 2014-2015. He graduated Highest Honors from Auburn University in 2014 with a BSBA in Finance and a BM in Piano Performance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 39.52 6.83 0.5