{
  "page": "compare",
  "query": {
    "a": "ICMUX",
    "b": "PIAMX"
  },
  "retrieved_at": "2026-07-07T17:15:01+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Intrepid Income Fund",
    "ticker": "ICMUX",
    "slug": "ICMUX",
    "series_id": "S000017981",
    "html_url": "https://fundwatcher.app/funds/ICMUX/"
  },
  "fund_b": {
    "name": "PIA High Yield MACS Fund",
    "ticker": "PIAMX",
    "slug": "PIAMX",
    "series_id": "S000029825",
    "html_url": "https://fundwatcher.app/funds/PIAMX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.07100982874556583124729171863",
    "coverage_b_by_a": "0.07100982874556583124729171863",
    "shared_count": 7,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "RealReal Inc/The",
        "value": "50386368.40",
        "weight": "0.04036279",
        "shared": false
      },
      {
        "name": "ViaPath Technologies",
        "value": "34220749.11",
        "weight": "0.02741307",
        "shared": false
      },
      {
        "name": "SKX 10 07/15/33 144a",
        "value": "34181216.37",
        "weight": "0.02738140",
        "shared": false
      },
      {
        "name": "ANGI GRP. LLC 3.875%",
        "value": "33695994.10",
        "weight": "0.02699271",
        "shared": false
      },
      {
        "name": "Cinemark USA Inc",
        "value": "33366085.23",
        "weight": "0.02672843",
        "shared": false
      },
      {
        "name": "UNITED NATURAL FOODS INC REGD 144A P/P 6.75000000",
        "value": "32841336.88",
        "weight": "0.02630807",
        "shared": false
      },
      {
        "name": "TWILIO INC REGD 3.87500000",
        "value": "31927671.42",
        "weight": "0.02557616",
        "shared": false
      },
      {
        "name": "PPH Escrow Issuer LLC 9.875%, Due 11/01/2029",
        "value": "30903644.80",
        "weight": "0.02475585",
        "shared": false
      },
      {
        "name": "LIBERTY BROADBAND CORP CONV 3.125% 03/31/2053 144A",
        "value": "29955000.00",
        "weight": "0.02399592",
        "shared": false
      },
      {
        "name": "PITNEY BOWES INC REGD 144A P/P 7.25000000",
        "value": "29609122.18",
        "weight": "0.02371885",
        "shared": false
      },
      {
        "name": "Trulieve Cannabis Corp",
        "value": "26861997.36",
        "weight": "0.02151823",
        "shared": false
      },
      {
        "name": "CONDUENT BUS SRV",
        "value": "26699885.25",
        "weight": "0.02138836",
        "shared": true
      },
      {
        "name": "EAT 8 1/4 07/15/30",
        "value": "26659209.40",
        "weight": "0.02135578",
        "shared": false
      },
      {
        "name": "WARRIOR MET COAL INC REGD 144A P/P 7.87500000",
        "value": "26464038.47",
        "weight": "0.02119943",
        "shared": false
      },
      {
        "name": "Skillz Inc",
        "value": "26089795.00",
        "weight": "0.02089964",
        "shared": false
      },
      {
        "name": "Peloton Interactive, Inc., First Lien Term Loan",
        "value": "26077080.91",
        "weight": "0.02088946",
        "shared": false
      },
      {
        "name": "FULL HOUSE RESORTS INC SR SECURED 144A 02/28 8.25",
        "value": "26036362.50",
        "weight": "0.02085684",
        "shared": false
      },
      {
        "name": "CMPR 7.375 09/15/32 144A",
        "value": "25618053.49",
        "weight": "0.02052174",
        "shared": true
      },
      {
        "name": "Analog Devices Inc",
        "value": "24997430.57",
        "weight": "0.02002458",
        "shared": false
      },
      {
        "name": "Mondelez International Inc",
        "value": "24997229.23",
        "weight": "0.02002442",
        "shared": false
      },
      {
        "name": "TURNING POINT BRANDS INC REGD 144A P/P 7.62500000",
        "value": "24726605.41",
        "weight": "0.01980764",
        "shared": false
      },
      {
        "name": "Invesco Treasury Portfolio, Institutional Class",
        "value": "23866153.49",
        "weight": "0.01911836",
        "shared": false
      },
      {
        "name": "Senior Unsecured Note",
        "value": "20448579.44",
        "weight": "0.01638066",
        "shared": false
      },
      {
        "name": "FIRSTCASH INC REGD 144A P/P 5.62500000",
        "value": "19541899.36",
        "weight": "0.01565435",
        "shared": false
      },
      {
        "name": "PRA GROUP INC REGD 144A P/P 5.00000000",
        "value": "19087739.66",
        "weight": "0.01529053",
        "shared": false
      },
      {
        "name": "GRUBHUB HOLDINGS INC SR SECURED 144A 07/30 13",
        "value": "17936024.81",
        "weight": "0.01436793",
        "shared": false
      },
      {
        "name": "UPBOUND GRP INC",
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        "weight": "0.01397919",
        "shared": false
      },
      {
        "name": "Chicago Atlantic Real Estate Finance Inc",
        "value": "17412500.00",
        "weight": "0.01394856",
        "shared": false
      },
      {
        "name": "Two Kings Casino Term Loan B 475 2031-12-01",
        "value": "17179926.24",
        "weight": "0.01376225",
        "shared": false
      },
      {
        "name": "HighPeak Energy Inc",
        "value": "16872500.00",
        "weight": "0.01351598",
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      },
      {
        "name": "CHC Group LLC",
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        "name": "DLX 8.125 09/15/29 144A",
        "value": "16236871.52",
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      },
      {
        "name": "DIVERSIFIED HLTH",
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        "weight": "0.01294081",
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      },
      {
        "name": "Extra Space Storage LP",
        "value": "15977466.69",
        "weight": "0.01279900",
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      },
      {
        "name": "KEHEFO 9 02/15/29 144A",
        "value": "15842399.06",
        "weight": "0.01269080",
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      },
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        "name": "Groupon, Inc., Series UNRS",
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        "weight": "0.01263249",
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      },
      {
        "name": "STIIIZY T/L (7/25)",
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      },
      {
        "name": "GOLAR LNG LTD SR UNSECURED 144A 10/30 7.5",
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      },
      {
        "name": "DKS 4 10/01/29 144A",
        "value": "14716568.91",
        "weight": "0.01178894",
        "shared": false
      },
      {
        "name": "CTXS 4.5 12/01/27",
        "value": "13728951.46",
        "weight": "0.01099779",
        "shared": false
      },
      {
        "name": "Icahn Enterprises LP / Icahn Enterprises Finance Corp",
        "value": "13217670.76",
        "weight": "0.01058822",
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      },
      {
        "name": "CERENCE INC CONV 1.5% 07/01/2028",
        "value": "11956950.00",
        "weight": "0.00957830",
        "shared": false
      },
      {
        "name": "RITM 8 04/01/29 144A",
        "value": "11791916.40",
        "weight": "0.00944610",
        "shared": false
      },
      {
        "name": "EZCORP, Inc.",
        "value": "11514525.00",
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        "shared": false
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      {
        "name": "AMCX 10.5 07/15/32 144A",
        "value": "11201440.32",
        "weight": "0.00897309",
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      },
      {
        "name": "ARLP 8.625 06/15/29 144A",
        "value": "10973284.10",
        "weight": "0.00879032",
        "shared": false
      },
      {
        "name": "Men's Wearhouse LLC/The2026 Term Loan B",
        "value": "10509870.00",
        "weight": "0.00841910",
        "shared": false
      },
      {
        "name": "Common Citizen Senior Secured Term Loan",
        "value": "10036154.51",
        "weight": "0.00803962",
        "shared": false
      },
      {
        "name": "Alimentation Couche-Tard Inc",
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      },
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        "name": "MAGNERA CORP SR SECURED 144A 11/29 4.75",
        "value": "9930446.90",
        "weight": "0.00795494",
        "shared": true
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    ],
    "b_top": [
      {
        "name": "MONEYMKT",
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        "weight": "0.09006767",
        "shared": false
      },
      {
        "name": "Veritiv Operating Co",
        "value": "3079582.13",
        "weight": "0.01684086",
        "shared": false
      },
      {
        "name": "CHC Group LLC",
        "value": "2878284.41",
        "weight": "0.01574005",
        "shared": true
      },
      {
        "name": "VSTJET 6.375% Sr Unsecured Nts due 2030 144A",
        "value": "2743123.20",
        "weight": "0.01500092",
        "shared": false
      },
      {
        "name": "INNOPHOS HOLDINGS INC REGD 144A P/P 11.50000000",
        "value": "2690801.30",
        "weight": "0.01471479",
        "shared": false
      },
      {
        "name": "ITT HOLDINGS LLC SR UNSECURED 144A 08/29 6.5",
        "value": "2624065.61",
        "weight": "0.01434984",
        "shared": false
      },
      {
        "name": "TMS International Corp/DE",
        "value": "2561273.00",
        "weight": "0.01400646",
        "shared": false
      },
      {
        "name": "Watco Cos LLC / Watco Finance Corp",
        "value": "2552947.85",
        "weight": "0.01396093",
        "shared": false
      },
      {
        "name": "PHOENIX AVIATION CAPITAL REGD 144A P/P 9.25000000",
        "value": "2411570.70",
        "weight": "0.01318780",
        "shared": false
      },
      {
        "name": "PITNEY BOWES INC REGD 144A P/P 6.87500000",
        "value": "2402572.80",
        "weight": "0.01313860",
        "shared": true
      },
      {
        "name": "NESCO Holdings II, Inc.",
        "value": "2339653.89",
        "weight": "0.01279452",
        "shared": false
      },
      {
        "name": "Summit Midstream Holdings, LLC",
        "value": "2304029.20",
        "weight": "0.01259971",
        "shared": false
      },
      {
        "name": "PKOH 8.5 08/01/30 144A",
        "value": "2296452.99",
        "weight": "0.01255828",
        "shared": false
      },
      {
        "name": "ALTA EQUIPMENT GROUP SECURED 144A 06/29 9",
        "value": "2276883.65",
        "weight": "0.01245126",
        "shared": false
      },
      {
        "name": "RAND PARENT LLC SR SECURED 144A 02/30 8.5",
        "value": "2275876.40",
        "weight": "0.01244575",
        "shared": false
      },
      {
        "name": "MATV 8 10/01/29 144A",
        "value": "2272610.91",
        "weight": "0.01242789",
        "shared": false
      },
      {
        "name": "Columbus McKinnon Corporation/NY",
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        "weight": "0.01240010",
        "shared": false
      },
      {
        "name": "PARADIGM PRNT/CO ISSUER SR SECURED 144A 04/32 8.75",
        "value": "2256581.25",
        "weight": "0.01234023",
        "shared": false
      },
      {
        "name": "FGP 5.875 04/01/29 144A",
        "value": "2249068.29",
        "weight": "0.01229915",
        "shared": false
      },
      {
        "name": "GREAT LAKES DREDGE&DOCK REGD 144A P/P 5.25000000",
        "value": "2245359.22",
        "weight": "0.01227887",
        "shared": false
      },
      {
        "name": "TRAILR 7 5/8 02/15/30",
        "value": "2239021.96",
        "weight": "0.01224421",
        "shared": false
      },
      {
        "name": "CRASHC 8 3/4 02/15/29",
        "value": "2237016.23",
        "weight": "0.01223324",
        "shared": false
      },
      {
        "name": "EFESTO BIDCO SPA/US LLC SR SECURED 144A 02/32 7.5",
        "value": "2219148.82",
        "weight": "0.01213553",
        "shared": false
      },
      {
        "name": "TRANSMONTAIGNE PARTNERS REGD 144A P/P 8.50000000",
        "value": "2201023.79",
        "weight": "0.01203642",
        "shared": false
      },
      {
        "name": "RR DONNELLEY + SONS CO SR SECURED 144A 08/29 9.5",
        "value": "2191790.88",
        "weight": "0.01198593",
        "shared": false
      },
      {
        "name": "ASURION LLC/CO",
        "value": "2190895.10",
        "weight": "0.01198103",
        "shared": false
      },
      {
        "name": "SXC 4.875 06/30/29 144A",
        "value": "2175859.31",
        "weight": "0.01189880",
        "shared": false
      },
      {
        "name": "SIMMONS FOODS INC/SIMMONS PREP SECURED 144A 03/29 4.625",
        "value": "2174323.05",
        "weight": "0.01189040",
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      },
      {
        "name": "SYNRGY 7.875 12/01/30 144a",
        "value": "2166513.73",
        "weight": "0.01184770",
        "shared": false
      },
      {
        "name": "RWORKS 8.25 11/15/28 144A",
        "value": "2164115.00",
        "weight": "0.01183458",
        "shared": false
      },
      {
        "name": "BRUNDAGE-BONE CONCRETE REGD 144A P/P 7.50000000",
        "value": "2161397.24",
        "weight": "0.01181972",
        "shared": false
      },
      {
        "name": "MRT MID PART/MRT MID FIN REGD 144A P/P 11.50000000",
        "value": "2159134.20",
        "weight": "0.01180734",
        "shared": false
      },
      {
        "name": "DLX 8.125 09/15/29 144A",
        "value": "2153160.10",
        "weight": "0.01177467",
        "shared": true
      },
      {
        "name": "BRSL 5.75 01/15/33 144A",
        "value": "2143206.76",
        "weight": "0.01172024",
        "shared": false
      },
      {
        "name": "KEHEFO 9 02/15/29 144A",
        "value": "2143175.04",
        "weight": "0.01172007",
        "shared": true
      },
      {
        "name": "RCOLIN 12.25 09/01/29 144A",
        "value": "2143053.96",
        "weight": "0.01171940",
        "shared": false
      },
      {
        "name": "CORPBOND",
        "value": "2138601.47",
        "weight": "0.01169506",
        "shared": false
      },
      {
        "name": "Cascades Inc./Cascades USA Inc.",
        "value": "2127819.13",
        "weight": "0.01163609",
        "shared": false
      },
      {
        "name": "CMPR 7.375 09/15/32 144A",
        "value": "2115254.40",
        "weight": "0.01156738",
        "shared": true
      },
      {
        "name": "COMPASS MIN INTL",
        "value": "2109708.00",
        "weight": "0.01153705",
        "shared": false
      },
      {
        "name": "SCIENTIFIC GAMES HOLDINGS LP/SCIENTIFIC GAMES US FINCO INC 6.625% 03/01/2030 144A",
        "value": "2109657.57",
        "weight": "0.01153677",
        "shared": false
      },
      {
        "name": "VTOL 6.75 02/01/33 144A",
        "value": "2101486.77",
        "weight": "0.01149209",
        "shared": false
      },
      {
        "name": "Voyager Parent, LLC",
        "value": "2083446.30",
        "weight": "0.01139344",
        "shared": false
      },
      {
        "name": "Park River Holdings Inc",
        "value": "2068447.95",
        "weight": "0.01131142",
        "shared": false
      },
      {
        "name": "STONEMOR INC SR SECURED 144A 05/29 8.5",
        "value": "2067577.79",
        "weight": "0.01130666",
        "shared": false
      },
      {
        "name": "SPANISH BROADCASTING SYSTEM INC 144A 9.750000% 03/01/2026",
        "value": "2061500.00",
        "weight": "0.01127342",
        "shared": false
      },
      {
        "name": "CALDERYS FINANCING LLC SR SECURED 144A 06/28 11.25",
        "value": "2027941.50",
        "weight": "0.01108991",
        "shared": false
      },
      {
        "name": "MAGNERA CORP SR SECURED 144A 11/29 4.75",
        "value": "2012968.72",
        "weight": "0.01100803",
        "shared": true
      },
      {
        "name": "JW ALUMINUM CONTINUOUS CAST CO 144A 10.250000% 04/01/2030",
        "value": "2008006.70",
        "weight": "0.01098089",
        "shared": false
      },
      {
        "name": "VTOL 6.875 03/01/28 144A",
        "value": "2000000.00",
        "weight": "0.01093711",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000894189-26-015106",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1300746/000089418926015106/0000894189-26-015106-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001193125-26-190253",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1027596/000119312526190253/0001193125-26-190253-index.htm"
    }
  ]
}