FPA Crescent Fund (FPACX)

34.17
Net Asset Value
-0.87%
1 Day
+3.67%
Year-to-Date
Overall Morningstar Rating
Moderate allocation
Style or Category
No Load
Sales Expenses
1.23%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to generate equity-like returns over the long-term, take less risk than the market and avoid permanent impairment of capital. The fund actively invests in both the equity and debt securities of companies because the Adviser believes that this combination of securities broadens the universe of opportunities for the fund, offers additional diversification and helps to lower volatility. Typically, it invests primarily in equity securities and the balance in debt securities, cash and cash equivalents. The fund may invest up to 50% of its assets in foreign securities, including American Depositary Receipts and European Depositary Receipts.

Performance

1 month+0.41% 3 years+12.19%
3 months+3.55% 5 years+12.74%
1 year+13.40% Since inception+11.20%
Data through --

Peer Comparisonvs. Moderate allocation

 FPACXCategory
Performance 5-yr return+12.74%+12.57%
Expense ratio1.23%1.29%
Risk 5 year sharpe ratio1.561.31
Net assets$18.6B$2.6B
Average market cap$47.0B$48.2B
Average P/E17.017.9
Portfolio turnover22%22%

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 & tenureSteven Romick / 21 Years
Minimal initial investment$1,500.00
Minimum IRA investment$100.00

Holdings

Cash42.50%
U.S. stock38.42%
International stock13.63%
Fixed income5.40%
Other0.05%
Top 5 Sectors
Portfolio weighting
Energy 22.41%
Healthcare 22.20%
Consumer service 18.82%
Financial service 13.14%
Industrial materials 6.92%
Top 10 Holdings
Portfolio weighting
MSFT Microsoft Corp3.36%
ORCL Oracle Corporation3.11%
AON Aon2.91%
CVS CVS Caremark Corp2.76%
COV Covidien, Ltd.2.21%
TMO Thermo Fisher Scientific Inc2.10%
OXY Occidental Petroleum Corp2.04%
AIG American International Group Inc1.74%
AA Alcoa Inc1.54%
-- US Treasury Note 1.875%1.50%

To view my watchlist

Not a member yet?

Sign up now for a free account

Market indexes 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. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.