Intrepid Income Fund (ICMUX)
The fund primarily invests in a diversified portfolio of fixed-income securities. Its fixed income securities will consist principally of high-yield corporate debt securities, bank debt (including loan assignments and participations), convertible debt, and U.S. government securities. The fund's investments in debt instruments 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.
Fund Info
US4611957030
461195703
Jul 1, 2007
$250,000
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Intrepid Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Intrepid Income Fund had a return of 9.54% year-to-date (YTD) and 12.36% in the last 12 months. Over the past 10 years, Intrepid Income Fund had an annualized return of 4.84%, while the S&P 500 had an annualized return of 11.18%, indicating that Intrepid Income Fund did not perform as well as the benchmark.
ICMUX
9.54%
0.72%
5.67%
12.36%
7.27%
4.84%
^GSPC (Benchmark)
25.15%
2.74%
12.53%
30.93%
13.79%
11.18%
Monthly Returns
The table below presents the monthly returns of ICMUX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.27% | 0.33% | 1.02% | -0.12% | 0.94% | 1.15% | 1.47% | 0.95% | 1.33% | 0.16% | 9.54% | ||
| 2023 | 2.77% | -0.56% | -0.48% | 0.39% | 0.05% | 1.71% | 1.43% | 0.48% | 0.35% | 0.21% | 2.11% | 1.97% | 10.86% |
| 2022 | -0.40% | 0.20% | 0.37% | -0.36% | -0.54% | -3.57% | 0.38% | 0.39% | -1.25% | 0.36% | 2.05% | -0.72% | -3.14% |
| 2021 | 1.14% | 2.20% | 0.69% | 1.11% | 0.90% | 0.76% | 0.71% | 0.51% | -0.90% | 1.57% | 0.24% | 0.68% | 10.00% |
| 2020 | 0.40% | -0.28% | -6.76% | 2.37% | 1.58% | 0.78% | 1.73% | 1.85% | -0.10% | 1.41% | 3.54% | 2.31% | 8.77% |
| 2019 | 1.43% | 0.65% | 0.26% | 0.41% | -0.00% | 0.39% | 0.24% | 0.04% | 0.12% | 0.16% | 0.12% | 0.72% | 4.64% |
| 2018 | 0.32% | -0.11% | -0.52% | 0.22% | 0.11% | 0.20% | 0.32% | 0.32% | 0.17% | -0.11% | 0.00% | -0.39% | 0.53% |
| 2017 | 0.87% | -0.00% | 0.29% | 0.32% | 0.32% | 0.25% | 0.11% | 0.22% | 0.37% | 0.11% | 0.32% | 0.57% | 3.80% |
| 2016 | -0.57% | 0.23% | 1.77% | 2.72% | 0.66% | 0.77% | 1.10% | 0.97% | 0.30% | 0.11% | -0.11% | 0.16% | 8.38% |
| 2015 | 0.22% | 1.08% | 0.14% | 1.51% | -0.32% | -0.31% | -0.54% | -1.08% | -0.61% | 0.67% | -0.88% | -1.11% | -1.26% |
| 2014 | 0.31% | 0.41% | 0.74% | 0.41% | 0.31% | 0.24% | -0.21% | 0.51% | -0.86% | -0.31% | -0.83% | -2.46% | -1.77% |
| 2013 | 0.52% | 0.10% | 0.38% | 0.52% | 0.00% | -0.48% | 0.62% | -0.10% | 0.41% | 0.73% | 0.41% | -0.20% | 2.94% |
Expense Ratio
ICMUX features an expense ratio of 0.91%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ICMUX is 99, placing it in the top 1% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Intrepid Income Fund (ICMUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Intrepid Income Fund provided a 7.94% dividend yield over the last twelve months, with an annual payout of $0.72 per share. The fund has been increasing its distributions for 6 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.80 | $0.72 | $0.58 | $0.52 | $0.31 | $0.28 | $0.27 | $0.28 | $0.31 | $0.31 | $0.28 |
Dividend yield | 7.94% | 9.06% | 8.19% | 5.98% | 5.56% | 3.34% | 3.07% | 2.87% | 3.01% | 3.53% | 3.34% | 2.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Intrepid Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.07 | $0.00 | $0.60 | |
| 2023 | $0.06 | $0.06 | $0.08 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.05 | $0.08 | $0.06 | $0.06 | $0.80 |
| 2022 | $0.05 | $0.04 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.08 | $0.06 | $0.07 | $0.07 | $0.07 | $0.72 |
| 2021 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.03 | $0.05 | $0.04 | $0.05 | $0.58 |
| 2020 | $0.03 | $0.02 | $0.03 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.52 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.28 |
| 2017 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.27 |
| 2016 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.28 |
| 2015 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.31 |
| 2014 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.31 |
| 2013 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.28 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Intrepid Income 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 Intrepid Income Fund was 8.76%, occurring on Mar 25, 2020. Recovery took 97 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.76% | Feb 21, 2020 | 24 | Mar 25, 2020 | 97 | Aug 12, 2020 | 121 |
| -6.79% | Sep 3, 2014 | 365 | Feb 12, 2016 | 100 | Jul 7, 2016 | 465 |
| -5.62% | Jan 18, 2022 | 124 | Jul 15, 2022 | 239 | Jun 28, 2023 | 363 |
| -2.42% | Jul 25, 2011 | 51 | Oct 4, 2011 | 13 | Oct 21, 2011 | 64 |
| -1.41% | Sep 28, 2021 | 3 | Sep 30, 2021 | 3 | Oct 5, 2021 | 6 |
Volatility
Volatility Chart
The current Intrepid Income Fund volatility is 0.53%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.