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News & Insights
Use the category or funds filter, or the search box below to find News and Insights, including archived commentaries and webcasts.
| FPA Insights
The FPA Crescent Fund has met its objective of generating equity-like returns while taking less risk than the market and avoiding permanent capital impairment through multiple market cycles over its thirty-year history.
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| Fund Announcements
Actual year-end distributions will be based on gains and losses realized through October 31.
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| Quarterly Commentary
FPA Queens Road Value Fund (“QRV Fund”) returned -2.88% in the third quarter of 2023.
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| Quarterly Commentary
FPA Queens Road Small Cap Value Fund (“Fund”) returned -2.25% in the third quarter of 2023
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| Quarterly Commentary
FPA New Income Fund (the “Fund”) returned 1.32% in the third quarter of 2023.
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| Quarterly Commentary
The FPA Crescent Fund– Institutional Class declined 0.49% in Q3 2023 but gained 21.28% in the trailing twelve months
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| Quarterly Commentary
FPA Flexible Fixed Income Fund (the “Fund”) returned 1.20% in the third quarter of 2023 and 4.72% year-to-date
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| Fund Announcements
The Board of Directors of Source Capital, today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months.
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| Quarterly Commentary
FPA Queens Road Value Fund (“QRV Fund”) returned 5.67% in the second quarter of 2023.
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