February 1, 2021

FPA Announces Completion of FPA Capital Reorganization into FPA Queens Road Small Cap Value

LOS ANGELES, February 1, 2021 – First Pacific Advisors, LP (“FPA”), investment adviser to the FPA Queens Road Small Cap Value Fund (QRSIX/QRSAX/QRSVX) (“the Fund”), is pleased to announce that FPA Capital has completed its reorganization into the Fund, with more than 85% of the FPA Capital shares cast in  support of the reorganization.

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