| Webcasts
FPA New Income and Flexible Fixed Income Funds 2Q24 Webcast
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News & Insights
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| Fund Announcements
FPA Announces the Retirement of Managing Partner J. Richard Atwood
J. Richard Atwood, a Managing Partner since 2000, will retire at the end of the year, following a four-decade relationship with the firm.
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| Webcasts
FPA Crescent Fund 1Q24 Webcast
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| Fund Announcements
Source Capital, Inc. Declares Monthly Distributions on Common Stock
The Board of Directors of Source Capital, Inc., 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 1Q24 Commentary
FPA Queens Road Value Fund (“Fund”) returned 13.16% for the first quarter of 2024. This compares to the S&P 500 Value Index return of 8.05% for the same period.
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| Quarterly Commentary
FPA Flexible Fixed Income Fund 1Q24 Commentary
Uncertainty about the pace of disinflation led to an increase in risk-free rates during the quarter
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| Quarterly Commentary
FPA Crescent Fund 1Q24 Commentary
The FPA Crescent Fund – Institutional Class gained 5.93% in Q1 2024 and 20.46% in the trailing twelve months
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| Quarterly Commentary
FPA New Income Fund 1Q24 Commentary
Uncertainty about the pace of disinflation led to an increase in risk-free rates during the quarter
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| Quarterly Commentary
FPA Queens Road Small Cap Value Fund 1Q24 Commentary
FPA Queens Road Small Cap Value Fund returned 3.36% in the first quarter of 2024 vs. 2.90% for the Russell 2000 Value Index
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