Intrepid Capital Fund
ICMBX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1400 Marsh Landing Pkwy, Suite 106 Jacksonville Beach FL United States of America 32250
- IPO Date
- Jan 5, 2005
- CIK
- 0001300746
- Website
- intrepidcapitalfunds.com
- Similar Companies
- Business
- Intrepid Capital Fund (Investor Class: ICMBX; Institutional Class: ICMVX) is an open-end mutual fund managed by Intrepid Capital Management that seeks long-term capital appreciation and high current income through a diversified, value-oriented portfolio emphasizing undervalued securities. The Fund primarily invests in common stocks, preferred stocks, convertible preferred stocks, warrants, options, exchange-traded funds (ETFs), and foreign securities including American Depository Receipts (ADRs), with a typical allocation of approximately 60-70% to equities focused on small- to large-cap companies and the balance in high-yield fixed income securities, short-duration debt, and cash equivalents; top holdings include Invesco Short-Term Treasury Institutional, Alphabet Inc., iShares Gold Trust, Berkshire Hathaway Inc., and FRP Holdings Inc., spanning sectors such as communication services, financial services, consumer cyclical, technology, and consumer defensive. It operates within the Morningstar Moderate Allocation category, employing an intrinsic value approach that discounts expected future free cash flows to identify mispriced opportunities, with asset allocation across U.S. stocks (64%), U.S. bonds (17%), cash (6%), non-U.S. stocks (6%), and other assets. The Fund, part of Intrepid Capital Management Funds Trust, was incepted on January 3, 2005, for the Investor Class and April 30, 2010, for the Institutional Class, and is headquartered in Jacksonville Beach, Florida, with administrative services through U.S. Bank Global Fund Services in Kansas City, Missouri. Intrepid Capital Management, founded in 1995, oversees approximately $254 million in firm assets, with the Fund managing net assets of around $101 million as of recent reports. In a significant strategic reorganization completed in late 2024, the Intrepid Small Cap Fund merged into the Intrepid Capital Fund on or about November 22, 2024, consolidating equity-focused small-cap value strategies with the Fund's balanced approach to enhance opportunities in corporate bonds amid perceived shifts in market dynamics; this nontaxable transaction aimed to deliver equity-like returns with reduced volatility and supported the Advisor's business restructuring. Operationally, the Fund updated its mailing address effective June 2, 2025, to U.S. Bank Global Fund Services in Kansas City, Missouri, and maintained contractual expense reimbursements through January 31, 2025, capping net expenses at 1.41% for Investor Class shares. No major partnerships, funding rounds, or new product launches were reported in 2024-2025, with the Fund continuing quarterly dividends, such as 0.0886 cents per share in June 2025.