FPA Funds 4Q25 Webcast Replays and Commentaries Now Available

FPA Funds Webcast Replays, Slides, Transcripts, and Audio

Stay up-to-date with our latest fund updates by exploring our quarterly webcasts. Below, you will find the most recent quarter’s webcast slides, transcript, audio recording, and full replay.

FPA Funds Portfolio Manager Commentaries

Stay up-to-date with the latest quarterly insights on our Funds by accessing the FPA portfolio manager commentaries below.

The views expressed and any forward-looking statements are as of the date of the publication and are those of the portfolio managers. These views may not be relied upon as investment advice or as an indication of trading intent on behalf of any First Pacific Advisors portfolio. Future events or results may vary significantly from those expressed and are subject to change at any time in response to changing circumstances and industry developments. Security examples featured are samples for presentation purposes and are intended to illustrate our investment philosophy and its application. This information and data has been prepared from sources believed reliable. The accuracy and completeness of the information cannot be guaranteed and is not a complete summary or statement of all available data.

The Commentaries and Webcasts files are for informational and discussion purposes only and do not constitute, and should not be construed as, an offer or solicitation for the purchase or sale with respect to any securities, products or services discussed, and neither do they provide investment advice. Any such offer or solicitation shall only be made pursuant to the relevant FPA Fund’s Prospectus, which supersedes the information contained herein in its entirety. This information does not constitute an investment management agreement or offering circular.

Fund Standardized Performance:
Click here for standardized fund performance for the FPA Crescent Fund.
Click here for standardized fund performance for the FPA New Income Fund.
Click here for standardized fund performance for the FPA Flexible Fixed Income Fund.
Click here for standardized fund performance for the FPA Queens Road Small Cap Value Fund.
Click here for standardized fund performance for the FPA Global Equity ETF.
Click here for standardized fund performance for the FPA Short Duration Government ETF.
Click here for standardized fund performance for the Source Capital.

Fund Holdings:
Click here for current holdings for FPA Crescent Fund.
Click here for current holdings for FPA New Income Fund.
Click here for current holdings for FPA Flexible Fixed Income Fund.
Click here for current holdings for FPA Queens Road Small Cap Value Fund.
Click here for current holdings for FPA Global Equity ETF.
Click here for current holdings for FPA Short Duration Government ETF.
Click here for current holdings for Source Capital.

Portfolio composition will change due to ongoing management of the funds. References to individual securities or sectors are for informational purposes only and should not be construed as recommendations by the relevant FPA Fund, the portfolio managers, the Adviser, or the distributor. It should not be assumed that future investments or recommendations will be profitable or will equal the performance of the security or sector examples discussed.

For the FPA Queens Road Funds (“QR Funds”), effective November 1, 2020, FPA became the investment adviser to the QR Funds, and Bragg Financial Advisors, the former adviser to the QR Funds, transitioned to serving as sub-adviser.

The FPA Funds are distributed by Distribution Services, LLC, 190 Middle Street, Suite 301, Portland, ME 04101. Distribution Services, LLC and FPA are not affiliated.