The views expressed in these articles and commentaries are those of the author at the time created.  They do not necessarily reflect the views of FPA or the distributor.  These views are subject to change at any time based on market and other conditions, and FPA and/or the Distributor disclaims any responsibility to update such views.  No forecasts can be guaranteed. These views may not be relied upon as investment advice or as indication of trading intent on behalf of any FPA portfolio or the distributor and should not be construed as an offer to sell or a solicitation of an offer to buy securities or any product mentioned in this article. This information and data has been prepared from sources believed reliable.  However, the accuracy and completeness of the information cannot be guaranteed and is not a complete summary or statement of all available data.  FPA has received certain nominations or awards by third-parties as reflected herein.  Investors should review the criteria for each nomination or award as reflected on the third-party’s webpage.

You should consider the Fund’s investment objectives, risks, fees and expenses before investing. The Prospectus contain this and other important information which should be read carefully before investing.


March 25, 2020

New York Times Speaks with Steven Romick About How FPA Crescent Fund (FPACX) is Taking Advantage of the Bear Market to Invest with a Long-Term Focus

In this piece by the New York Times, Steven Romick speaks with Jeff Sommer about how FPA Crescent Fund (FPACX) is investing for five to seven years from now, taking a tempered approach to investing while the market is cheaper, and looking to really jump in when they believe things get cheap

Please click here for Standardized Performance for FPA Crescent Fund (“Fund”). Please click here for the principal risks of investing in the Fund. You should consider the Fund’s investment objectives, risks, fees and expenses before investing.

Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown.

For further details, please click here.