Capital Fund

Fund Profile

Investment Style

US balanced

Firm Assets

$750 M

Fund Net Assets

$348.9 M

3-Star Overall Morningstar Rating (ICMBX) out of 674 Allocation--50% to 70% Equity Funds as of 06/30/2018.

The Overall Morningstar Rating™ for a fund is derived from a weighted average of the fund’s three-, five-, and 10-year Morningstar Ratings metrics, which are based on risk-adjusted return performance.

Fund Statistics as of 07/18/18

Investor Class Institutional Class
Ticker ICMBX ICMVX
Inception Date 01/03/2005 04/30/2010
CUSIP 461195208 461195604
NAV $11.77 $11.78
Investment Minimum $2,500 $250,000

Related Documents

Portfolio Management

Mark Travis

Chief Executive Officer, President

Mark is a co-founder of Intrepid Capital. He is also the lead portfolio manager of the Intrepid Capital Fund, the separately managed Intrepid Balanced and the Intrepid Capital, L.P. Mr. Travis is also part of the investment team responsible for the Intrepid Disciplined Value Fund and the separately managed Intrepid Disciplined Value portfolio. He has over 30 years of experience in asset management.

Mark received his BA degree in Economics from the University of Georgia. Mr. Travis serves on the Board of Trustees of The Bolles School and the Board of Directors of Jacksonville Clay Target Sports. He is also a member of the Ponte Vedra Rotary Club and YPO-WPO.

Mark Travis

Jayme Wiggins, CFA

Chief Investment Officer, Portfolio Manager

Jayme joined Intrepid Capital in 2002. As CIO, Mr. Wiggins oversees the investment process and team. He is the lead portfolio manager of the Intrepid Endurance Fund, the Intrepid Select Fund, and the separately managed Intrepid Small Cap and Intrepid Select portfolios. Mr. Wiggins is also a member of the investment team responsible for the Intrepid Capital Fund, and the Intrepid Balanced portfolio. He focuses on research and valuation of small-cap equity securities. Jayme has over 14 years of investment experience. A CFA Charterholder, Jayme received his MBA, summa cum laude, from Columbia Business School, and his BBA degree, summa cum laude, in Finance from Stetson University.

Jayme Wiggins, CFA

Jason Lazarus, CFA

Vice President, Portfolio Manager

Jason joined Intrepid Capital in 2008. He is the lead portfolio manager of the Intrepid Income Fund and the separately managed Intrepid Income portfolio. Jason is also a member of the investment team responsible for the Intrepid Capital Fund and the Intrepid Balanced portfolio. Mr. Lazarus focuses on research of high yield fixed income investments. A CFA Charterholder, Jason received his M.S. in Finance and a BS degree, cum laude, in Industrial and Systems Engineering from the University of Florida.

Jason Lazarus, CFA
Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security. Current and future portfolio holdings are subject to risk.
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The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating™ for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating™ metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
As of 6/30/18, the Intrepid Capital Fund (ICMBX) was rated 2-Stars, 2-Stars and 4-Stars against the following numbers of U.S. domiciled Allocation--50% to 70% Equity funds over the following time periods: 674, 617 and 439 funds in the last three-, five- and ten-years, respectively.
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