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FPA Crescent Fund

| Quarterly Commentary

FPA Crescent Fund 2Q26 Commentary

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

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FPA New Income Fund

| Quarterly Commentary

FPA New Income Fund 2Q26 Commentary

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

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Source Capital

| Fund Announcements

Source Capital Declares September, October, and November 2026 Distribution on Common Stock

The Board of Trustees of Source Capital (NYSE: SOR) (the “Fund”) approved maintaining the Fund’s regular monthly distribution rate for September, October, and November 2026.

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FPA Crescent Fund

| FPA Insights

Amid AI Headlines, Don’t Overlook Smaller Companies

This article explores how FPA’s Contrarian Value team seeks investment opportunities by looking beyond conventional benchmarks and market narratives. It highlights the research‑driven process used to search across markets and capital structures to identify long‑term value.

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FPA Queens Road Value Fund

| Quarterly Commentary

FPA Queens Road Value Fund 1Q26 Commentary

Quarterly commentary from the Queens Road Small Cap Value Fund team sharing insights on markets, portfolio positioning and performance.

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FPA Crescent Fund
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FPA New Income Fund
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FPA Flexible Fixed Income Fund
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FPA Queens Road Small Cap Value Fund
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Source Capital

| Quarterly Commentary, Webcasts

FPA Funds 1Q26 Webcast Replays and Commentaries Now Available

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

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FPA New Income Fund

| Webcasts

FPA New Income and Flexible Fixed Income Funds 1Q26 Webcast

A quarterly webcast with the New Income Fund team sharing their market views and portfolio updates.

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FPA Flexible Fixed Income Fund

| Quarterly Commentary

FPA Flexible Fixed Income Fund 1Q26 Commentary

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

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FPA Crescent Fund

| Webcasts

FPA Crescent Fund 1Q26 Webcast

A quarterly webcast with the Crescent Fund team sharing their market views and portfolio updates.

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