In The News

Jul 25, 2022 - Mutual Fund Observer

Mutual Fund Observer

The fund’s goal is to generate current income. In particular, they want to offer an attractively higher yield than comparable maturity US Treasury securities without taking significant default or interest rate risk.

The managers invest primarily in shorter duration corporate bonds, both investment grade, and high yield. They might also own other income-producing securities such as securitized loans and convertible securities. Generally, the majority of securities in the portfolio are part of smaller issues of less than $500 million.

- US News Report

5 Best Income Funds for Retirement

Income is an important component of any retirement portfolio. The challenge for retirees seeking income is not taking on too much risk in the process. Often funds with the highest yield are less diversified and riskier than their lower-yielding brethren.

Investing in a riskier fund is fine if you do it in moderation and plan to hold for the long haul. As long as you don’t need to sell the fund, you can continue taking the income from its yield and not worry what the price does. Also keep an eye on fees, as actively managed income funds can creep up the expense scale. All that said, here are five solid income funds for retirement

Aug 28, 2020 - The Wall Street Transcript

Creating Attractive Risk-Adjusted Returns in the Small-Cap Space

The Wall Street Transcript interviews Intrepid Endurance Fund managers Joe Van Cavage and Matt Parker about finding quality businesses within the small-cap universe.

Oct 11, 2019 - The Wall Street Transcript

Using a Non-Siloed Strategy to Find the Best Relative-Value Opportunities

The Wall Street Transcript interviews Intrepid Income Fund manager Hunter Hayes about finding opportunities in today’s small cap value market.

Oct 24, 2018 - The Wall Street Transcript

Aiming for Good Risk-Adjusted Returns Over a Full Market Cycle

The Wall Street Transcript interviews Disciplined Value Fund manager Clay Kirkland about investing in small- and mid-caps.

Jul 3, 2017 - The Wall Street Transcript

Managing an Eclectic Balanced Fund with Minimal Constraints

The Wall Street Transcript interviews Mark Travis, Intrepid CEO and manager of the Intrepid Capital Fund.