Mark Travis, CEO and Founder of Intrepid Capital, said the award reflects the strength of the firm’s long-standing investment philosophy.
“We are extremely proud of the investment team and the long-term results they have delivered for shareholders,” Travis said. “At Intrepid, we have long believed that shorter duration credit strategies can offer a compelling combination of income and risk management. This recognition from LSEG Lipper reinforces the value of that philosophy and the consistency with which the team has executed it over time.”
Launched in 2007, the Intrepid Income Fund is managed by a seasoned investment team that includes Hunter Hayes, CFA; Mark Travis; Joe Van Cavage, CFA; and Matt Parker, CFA, CPA. The team has worked closely together on the strategy since 2019.
Intrepid Capital Management recently celebrated its 30th year in business. Based in Jacksonville Beach, Florida, the firm manages approximately $1.7 billion in assets under management and prides itself on its independent, off-Wall Street approach to investing in less scrutinized areas of the market.
About Intrepid Capital Management
Intrepid Capital Management, Inc. is an independent investment management firm based in Jacksonville Beach, Florida. Founded in 1994, the firm focuses on disciplined investing in areas of the market that are often overlooked by larger institutions. Intrepid manages mutual funds, separately managed accounts, and other investment strategies for a diverse group of investors.
About the LSEG Lipper Fund Awards
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to peers. The awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative measure of risk-adjusted performance calculated over multiple time horizons.
For more information, please visit www.lipperfundawards.com.
Important Disclosures
The 2026 LSEG Lipper Fund Awards, United States, were awarded based on risk-adjusted performance for the five-year and ten-year periods ended December 31, 2025 among funds classified in the Short High Yield Funds category. The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which reflects funds’ historical risk-adjusted returns relative to peers.
Past performance does not guarantee future results. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Intrepid Income Fund. This and other important information is contained in the Fund’s prospectus, which should be read carefully before investing.
Past performance is not a guarantee of future results.
Mutual fund investing involves risk. Principal loss is possible.
The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. Please read it carefully before investing. A hard copy of the prospectus can be requested by calling 866-996-FUND (3863).
Interest Rate Risk: When interest rates rise, the value of previously-issued bonds and other debt securities decreases. An increase in interest rates typically causes a decline in the value of the debt securities in which the Fund may invest.
The value of your investment in the Fund may change in response to changes in the credit ratings of the Fund’s portfolio of debt securities.
The risk of investing in bonds and debt securities whose issuers may not be able to make interest and principal payments.
The risk of loss on investments in high yield securities or “junk bonds.” These securities are rated below investment grade, are usually less liquid, have greater credit risk than investment grade debt securities, and their market values tend to be volatile.
Intrepid Capital Management Funds are distributed by Quasar Distributors, LLC.
