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FPA New Income Fund (FPNIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Nontraditional bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks current income and long-term total return. To pursue the fund's investment objective, the fund's investment adviser, First Pacific Advisors, LLC ("FPA" or the "Adviser"), primarily invests in a diversified portfolio of debt securities, cash and cash equivalents. The fund generally invests in highly rated debt securities and will invest at least 75% of its total assets, calculated at market value at the time of investment, in debt securities rated at least AA- by Standard and Poor's ("S&P") (or its equivalent) by a nationally recognized statistical rating organization (NRSRO).


1 month0.00% 3 years+0.73%
3 months+0.91% 5 years+1.17%
1 year+0.16% Since inception+7.04%
Data through --

Peer Comparisonvs. Nontraditional bond

Performance 5-yr return+1.17%+1.49%
Expense ratio0.58%1.29%
Risk 5 year sharpe ratio1.750.42
Net assets$5.3B$1.0B
Average market cap--$6.5B
Average P/E--25.3
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familyFPA
Fund manager & tenureThomas Atteberry / 11 Years
Minimal initial investment$1,500.00
Minimum IRA investment$100.00


Fixed income90.02%
U.S. stock0.00%
International stock0.00%
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
-- 1.95%
-- 1.33%
-- 1.12%
-- 1.09%
-- 1.08%
-- 1.05%
-- 1.05%
-- 1.03%
-- 1.02%
-- 1.02%

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