A class of random stationary, scalar sources producing cusped average intensity profiles (i.e. profiles with concave curvature) in the far field is introduced by modeling the source degree of coherence as a Fractional Multi-Gaussian-correlated Schell-Model (FMGSM) function with rotational symmetry. The average intensity (spectral density) generated by such sources is investigated on propagation in free space and isotropic and homogeneous atmospheric turbulence. It is found that the FMGSM beam can retain the cusped shape on propagation at least in weak or moderate turbulence regimes; however, strong turbulence completely suppresses the cusped intensity profile. Under the same atmospheric conditions the spectral density of the FMGSM beam at the receiver is found to be much higher than that of the conventional Gaussian Schell-model (GSM) beam within the narrow central area, implying that for relatively small collecting apertures the power-in-bucket of the FMGSM beam is higher than that of the GSM beam. Our results are of importance to energy delivery, Free-Space Optical communications and imaging in the atmosphere.