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 to provide long-term total return- which includes income and capital appreciation- while considering capital preservation. The fund primarily invests in a diversified portfolio of debt securities- cash and cash equivalents. It 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 purchase- in debt securities rated at least A- or its equivalent by a NRSRO. The fund may invest up to 25% of its total assets- calculated at market value at the time of purchase- in debt securities that are rated below A- or its equivalent by a NRSRO or that are unrated.


1 month+0.30% 3 years+1.71%
3 months+0.40% 5 years+1.43%
1 year+2.56% Since inception+6.86%
Data through --

Peer Comparisonvs. Nontraditional bond

Performance 5-yr return+1.43%+2.00%
Expense ratio0.59%1.24%
Risk 5 year sharpe ratio1.500.67
Net assets$5.3B$1.5B
Average market cap$205.6M$7.6B
Average P/E--13.5
Portfolio turnover59%59%

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Fund Management and Purchase Info

Fund familyFPA
Fund manager & tenureThomas Atteberry / 13 Years
Minimal initial investment$1,500.00
Minimum IRA investment$1,500.00


Fixed income93.95%
U.S. stock0.04%
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
-- 2.17%
-- 1.90%
-- 1.25%
-- 1.12%
-- 0.99%
-- 0.99%
-- 0.98%
-- 0.98%
-- 0.97%
-- 0.97%