Investment Objective

The primary objective of the FPA U.S. Value Strategy is long-term growth of capital. Current income is a secondary consideration.

Absolute Return Focus

Avoid permanent capital impairment.

Deep Research

Invest in quality businesses at attractive valuations.

Company Focus

Preference for companies with good management.

Fund Facts

Ticker Symbol FPPFX
Share Class No load, no 12b-1 fees
Initial Minimum Investment $1,500
Fund Assets $77 Million
Fund Inception Apr 1, 1984
FPA Manager Inception Sep 1, 2015
Expense Ratio (as of most recent prospectus) 1.13%
Dividend Frequency Semi-Annually
Fund Facts as as of September 30, 2018. 

Portfolio Manager

  • Gregory R. Nathan

    Joined FPA in 2003
    Greg originally joined FPA in 2003. He serves as Portfolio Manager for the FPA U.S. Value Fund, Inc.  Prior to rejoining FPA in 2007, Greg was a managing member of Coldwater Asset Management, LLC, from 2005 to 2006.  He was an equity research analyst at Lakeway Capital from 2002 to 2003.  Greg earned a Bachelor’s degree in Business Administration (with distinction) from the University of Michigan.