FPA Perennial Fund (FPPFX)

55.76
Net Asset Value
+1.27%
1 Day
+12.58%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
0.96%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital; current income is a secondary consideration. The fund attempts to concentrate on ownership of high-quality businesses, which typically possess high barriers to market entry, low intensity of rivalry with competitors, limited threat of substitution, and limited bargaining power of suppliers and customers. No more than 35% of its total assets will be invested in the securities of foreign issuers. The fund may be moderately concentrated, with 30-40 positions. Most of these companies will be small to medium market capitalization (up to U.S. $10 billion).

Performance

1 month+4.87% 3 years+22.09%
3 months+8.93% 5 years+16.14%
1 year+18.02% Since inception+12.26%
Data through --

Peer Comparisonvs. Mid-cap growth

 FPPFXCategory
Performance 5-yr return+16.14%+14.82%
Expense ratio0.96%1.35%
Risk 5 year sharpe ratio0.991.02
Net assets$330.0M$1.3B
Average market cap$5.0B$9.1B
Average P/E18.824.3
Portfolio turnover8%8%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFPA
Fund manager & tenureEric Ende / 15 Years
Minimal initial investment$1,500.00
Minimum IRA investment$100.00

Holdings

U.S. stock85.07%
International stock10.41%
Cash4.42%
Fixed income0.10%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer service 27.06%
Business service 13.70%
Healthcare 13.52%
Consumer goods 13.25%
Hardware 12.82%
Top 10 Holdings
Portfolio weighting
ORLY O'Reilly Automotive, Inc.9.19%
SIG Signet Jewelers Ltd8.86%
WBC Wabco Holdings Inc6.79%
KMX CarMax Inc6.79%
KNX Knight Transportation, Inc.5.03%
SCSC ScanSource4.98%
HTLD Heartland Express Inc4.78%
CPRT Copart Inc4.21%
GGG Graco Inc4.17%
IEX Idex Corp3.87%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.