Performance

Comparative Performance Quarterly

As of December 31, 2019
Fund/Index QTD YTD 1 Year 3 Years 5 Years 10 Years 15 Years 20 Years 25 Years Since 8/1/84* Expense Ratio1
FPA Capital Fund, Inc. 4.93 % 19.27 % 19.27 % -2.31 % -1.04 % 4.69 % 4.52 % 7.04 % 9.63 % 12.14 % 0.89 %
Russell 2500 8.54 % 27.77 % 27.77 % 10.33 % 8.93 % 12.58 % 8.79 % 8.68 % 10.81 % 11.64 %

*Inception for FPA Management was July 11, 1984. A benchmark comparison is not available based on the Fund’s inception date therefore a comparison using August 1, 1984 is used.

1
Expense Ratio is calculated as of the date of the most recent prospectus.

Periods greater than one year are annualized. FPA Fund performance is net of all fees and expenses and includes the reinvestment of distributions. FPA Fund returns do not reflect the deduction of taxes that a shareholder would pay on FPA Fund distributions or the redemption of FPA Fund shares, which would lower these figures.

Past performance is no guarantee, nor is it indicative, of future results. Current performance may be higher or lower than the performance shown. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. Current month-end performance data, which may be lower or higher than the performance data quoted, may be obtained at www.fpa.com or by calling toll-free, 1-800-982-4372.

You should consider the Fund's investment objectives, risks, and charges and expenses carefully before you invest. The Prospectus details the Fund's objective and policies and other matters of interest to a prospective investor. Please read the Prospectus carefully before investing. The Prospectus may be obtained by visiting the website at www.fpafunds.com, by calling toll-free, 1-800-982-4372, or by contacting the Fund in writing.


Comparison to any index is for illustrative purposes only and should not be relied upon as a fully accurate measure of comparison. The FPA Funds may be less diversified than the indices noted herein, and may hold non-index securities or securities that are not comparable to those contained in an index. Indices may hold positions that are not within the investment strategy. Indices are unmanaged and do not reflect any commissions or fees which would be incurred by an investor purchasing the underlying securities. The FPA Funds do not include outperformance of any index or benchmark in its investment objectives. An investor cannot invest directly in an index.

The Russell 2500 Index consists of the 2,500 smallest companies in the Russell 3000 total capitalization universe. The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization. This index is considered a measure of small to medium capitalization stock performance. These indices do not reflect any commissions or fees which would be incurred by an investor purchasing the stocks they represent. The performance of the Indices is computed on a total return basis which includes reinvestment of all distributions.  It is not possible to invest in an index

The availability of shares of the Fund to new investors is limited. Please see the Prospectus for more detail.

Comparative Performance Monthly

As of February 29, 2020
Fund/Index MTD YTD 1 Year 3 Years 5 Years 10 Years 15 Years 20 Years 25 Years Since 8/1/84*
FPA Capital Fund, Inc. -7.97 % -9.55 % -6.59 % -4.69 % -2.73 % 3.57 % 3.60 % 6.65 % 8.92 % 11.77 %
Russell 2500 -8.39 % -10.25 % -1.80 % 5.10 % 5.81 % 11.21 % 8.09 % 7.49 % 10.26 % 11.25 %

Periods over one year annualized. Fund performance is net of all fees and expenses. Fund returns shown assume reinvestment of distributions and do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares, which would lower these figures. Comparison to any index is for illustrative purposes only. The Fund does not include outperformance of any index or benchmark in its investment objectives.

*Inception for FPA Management was July 11, 1984. A benchmark comparison is not available based on the Fund’s inception date therefore a comparison using August 1, 1984 is used.

The Russell 2500 Index consists of the 2,500 smallest companies in the Russell 3000 total capitalization universe. The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization. This index is considered a measure of small to medium capitalization stock performance. These indices do not reflect any commissions or fees which would be incurred by an investor purchasing the stocks they represent. The performance of the Indices is computed on a total return basis which includes reinvestment of all distributions.  It is not possible to invest in an index

Expense ratio calculated as of most recent prospectus is 0.89%.

Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost.

Historical Annual Returns

FPA Capital Fund, Inc.* Russell 2500
2019 19.27 % 27.77 %
2018 -17.61 % -10.00 %
2017 -5.11 % 16.81 %
2016 22.86 % 17.59 %
2015 -17.16 % -2.90 %
2014 -1.31 % 7.07 %
2013 22.85 % 36.80 %
2012 9.69 % 17.88 %
2011 0.90 % -2.51 %
2010 24.25 % 26.71 %
2009 53.78 % 34.39 %
2008 -34.79 % -36.79 %
2007 -0.39 % 1.38 %
2006 5.42 % 16.17 %
2005 16.53 % 8.11 %
2004 12.62 % 18.29 %
2003 38.54 % 45.51 %
2002 -3.86 % -17.80 %
2001 38.13 % 1.22 %
2000 -3.08 % 4.27 %
1999 14.24 % 24.14 %
1998 -0.42 % 0.38 %
1997 17.70 % 24.36 %
1996 37.76 % 19.03 %
1995 38.39 % 31.70 %
1994 10.37 % -1.05 %
1993 16.74 % 16.55 %
1992 21.57 % 16.09 %
1991 64.51 % 46.89 %
1990 -13.80 % -14.88 %
1989 24.30 % 19.43 %
1988 18.11 % 22.73 %
1987 10.75 % -4.68 %
1986 12.57 % 11.98 %
1985 28.95 % 31.93 %
1984 9.95 % 11.46 %

Fund performance is net of all fees and expenses. Fund returns shown assume reinvestment of distributions and do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares, which would lower these figures. Comparison to any index is for illustrative purposes only. The Fund does not include outperformance of any index or benchmark in its investment objectives.

* Inception for FPA Management was July 11, 1984. A benchmark comparison is not available based on the Fund’s inception date therefore a comparison using August 1, 1984 is used.

The Russell 2500 Index consists of the 2,500 smallest companies in the Russell 3000 total capitalization universe. The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization. This index is considered a measure of small to medium capitalization stock performance. These indices do not reflect any commissions or fees which would be incurred by an investor purchasing the stocks they represent. The performance of the Indices is computed on a total return basis which includes reinvestment of all distributions.  It is not possible to invest in an index.

* Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. Current month-end performance data, which may be higher or lower than the performance data quoted, may be obtained by clicking the "Monthly" tab above or by calling toll-free, 1-800-982-4372.

After-Tax Returns

As of February 29, 2020
1 Year 5 Years 10 Years
Before Tax -6.59 % -2.73 % 3.57 %
After Tax on Distribution* -6.78 % -3.47 % 2.36 %
After Tax on Distribution and Sale of Fund Shares* -3.75 % -2.01 % 2.88 %
* After-tax returns are calculated net of fees, using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend upon an investor's tax situation and may differ from those shown. After-tax returns presented here are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or IRAs. Performance has been calculated on a total return basis, which combines principal and dividend income changes for the periods shown. Principal changes are based on the difference between the beginning and closing net asset values for the period and assume reinvestment of all dividends and distributions paid. Total return calculations are based on a $10,000 investment. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. The Prospectus details the Fund"s objective and policies and other matters of interest to the prospective investor. Please read this Prospectus carefully before investing.