Morningstar

Intrepid Income Fund Institutional Class ICMUX

Morningstar Medalist Rating
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Medalist Rating as of See Intrepid Investment Hub
  • NAV / 1-Day Return$8.70  /  0.00
  • Fund Size$1.5B
  • Adjusted Expense Ratio1.010%
  • Net Expense Ratio0.960%
  • Fee Level: DistributionHigh
  • Share Class TypeInstitutional
  • Morningstar CategoryHigh Yield Bond
  • Fixed-Income Style Box (Funds)—
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield7.55%
  • Average Effective Duration1.55 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis ICMUX

Will ICMUX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ICMUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ICMUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ICMUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Intrepid Income Institutional holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings ICMUX

More ICMUX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings24.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Twilio Inc 3.88%

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Angi Group Llc 3.88%

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PHH Escrow Issuer LLC / PHH Corp 9.88%

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Beach Acquisition Bidco LLC 10%

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United Natural Foods, Inc. 6.75%

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Conduent Business Services LLC / Conduent State & Local Solutions Inc. 6%

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Brinker International, Inc. 8.25%

2.1731M
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