FPA New Income Fund (FPNIX)

10.10
Net Asset Value
+0.10%
1 Day
-0.20%
Year-to-Date
Overall Morningstar Rating
Nontraditional bond
Style or Category
No Load
Sales Expenses
0.56%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks current income and long-term total return. The fund's investment adviser, First Pacific Advisors, LLC, purchases primarily fixed-income securities for the fund, with an emphasis on obligations issued or guaranteed by the United States Government and its agencies and instrumentalities. At least 65% of the fund's total assets are invested in a diversified portfolio of income-producing securities.

Performance

1 month+0.20% 3 years+1.31%
3 months+0.20% 5 years+1.69%
1 year+1.14% Since inception+7.18%
Data through --

Peer Comparisonvs. Nontraditional bond

 FPNIXCategory
Performance 5-yr return+1.69%+3.02%
Expense ratio0.56%1.35%
Risk 5 year sharpe ratio2.810.91
Net assets$5.7B$1.2B
Average market cap--$32.1B
Average P/E--20.6
Portfolio turnover97%97%

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Fund Management and Purchase Info

Fund familyFPA
Fund manager & tenureThomas Atteberry / 10 Years
Minimal initial investment$1,500.00
Minimum IRA investment$100.00

Holdings

Fixed income88.53%
Cash11.47%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
-- 1.92%
-- 1.50%
-- 1.34%
-- 1.25%
-- 1.24%
-- 1.15%
-- 1.02%
-- 1.00%
-- 0.99%
-- 0.98%

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