Thumbnail for FPA New Income and Flexible Fixed Income Funds 1Q24 Webcast
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FPA New Income Fund
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FPA Flexible Fixed Income Fund

| Webcasts

FPA New Income and Flexible Fixed Income Funds 1Q24 Webcast

See the slides, transcript and access the webinar recording

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Source Capital

| Fund Announcements

Source Capital, Inc. Declares March, April, and May 2024 Distribution

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for each of the next three months

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Thumbnail for Source Capital, Inc. Provides Update on Discount Management Program and Announces Updated Investment Guidelines and Q4 Webcast
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Source Capital

| Fund Announcements

Source Capital, Inc. Provides Update on Discount Management Program and Announces Updated Investment Guidelines and Q4 Webcast

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), announced that for the Fund’s Discount Management Program (the “Program”) measurement period from January 1, 2023 through December 31, 2023, the Fund traded at an average discount to net asset value (NAV) of less than 10%.

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FPA Queens Road Value Fund

| Quarterly Commentary

FPA Queens Road Value Fund 4Q23 Commentary

FPA Queens Road Value Fund (“Fund”) returned 11.75% for the fourth quarter of 2023.

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FPA Queens Road Small Cap Value Fund

| Quarterly Commentary

FPA Queens Road Small Cap Value Fund 4Q23 Commentary

FPA Queens Road Small Cap Value Fund (“Fund”) returned 13.09% in the fourth-quarter of 2023 vs. 15.26% for the Russell 2000 Value Index

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FPA Flexible Fixed Income Fund

| Quarterly Commentary

FPA Flexible Fixed Income Fund 4Q23 Commentary

With inflation progressing towards the Federal Reserve’s 2% inflation objective, the Federal Reserve held the Fed Funds rate constant

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FPA New Income Fund

| Quarterly Commentary

FPA New Income Fund 4Q23 Commentary

Quarterly commentary from the New Income Fund team sharing insights on markets, portfolio positioning and performance.

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FPA Crescent Fund

| Quarterly Commentary

FPA Crescent Fund 4Q23 Commentary

The FPA Crescent Fund – Institutional Class gained 7.52% in Q4 2023

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Thumbnail for Source Capital, Inc. Declares December 2023, January 2024, and February 2024 Distribution
sor
Source Capital

| Fund Announcements

Source Capital, Inc. Declares December 2023, January 2024, and February 2024 Distribution

The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”) approved maintaining the Fund’s regular monthly distribution rate for each of the next three months, plus a special distribution in December.

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