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    FPA New Income (FPNIX)

    10.10 Up 0.01(0.10%) Jul 6

    Profile as of Jun 29, 2015Get Profile for:
    FPA New Income
    FPA New Income Inc11400 W Olympic Blvd Ste 1200Los Angeles, CA 90064
    Phone: 800-982-4372
    Fund Overview 
    Category:Nontraditional Bond
    Fund Family:FPA
    Net Assets:5.66B
    Year-to-Date Return:0.89%
    Morningstar Rating:2 stars
    Fund Inception Date:1969-04-01
    Morningstar Style Box 
    Nontraditional Bond
    [View Category Definition]
    View Top Nontraditional Bond Funds
    About the Morningstar Style Box
    Management Information 
    Thomas H. Atteberry
    Lead Manager since Nov 8, 2004
    Thomas H. Atteberry, CFA, Partner at FPA, joined the firm in 1997. Thomas is the CEO of FPA New Income and a manager of the Absolute Fixed Income Strategy. Prior to joining FPA, Tom served as Chief Fixed Income Strategist of Fifth Third Bank and Chief Investment Officer of Mercantile Bank in Joplin, MO. He received a Bachelor’s degree in Business Administration from Texas Christian University.
    Investment Information 
    Min Initial Investment:1,500
    Min Initial Investment, IRA:100
    Min Initial Investment, AIP:100
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:100
    FPNIX can be purchased from 103 brokerages.

    Fund Summary 
    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.

    Fund Operations 
    Last Dividend (Jun 30, 2015) : 0.05
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 1, 2015) : 97.00%
    Average for Category:221.86%
    Fees & Expenses 
    ExpenseFPNIXCategory Avg
    Annual Report Expense Ratio (net):0.56%1.30%
    Prospectus Net Expense Ratio:0.56%N/A
    Prospectus Gross Expense Ratio:0.56%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.20%
    Max Deferred Sales Load: N/A1.36%
    3 Yr Expense Projection*:179623
    5 Yr Expense Projection*:3131,019
    10 Yr Expense Projection*:7012,108
    * Per $10,000 invested