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Trending ETFs

FPA Crescent Fund

mutual fund
FPCSX
Dividend policy
Active
Price as of:
$40.34 +0.01 +0%
primary theme
U.S. Balanced Allocation
share class
FPCSX (Mutual Fund)

FPA Crescent Fund

Dividend policy
Active
Price as of:
$40.34 +0.01 +0%
primary theme
U.S. Balanced Allocation
share class
FPCSX (Mutual Fund)

FPA Crescent Fund

Dividend policy
Active
Price as of:
$40.34 +0.01 +0%
primary theme
U.S. Balanced Allocation
share class

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

FPA Crescent Fund

FPCSX | Fund

$40.34

-

1.14%

$0.46

1.07%

Vitals

YTD Return

12.1%

1 yr return

33.2%

3 Yr Avg Return

11.8%

5 Yr Avg Return

10.7%

Net Assets

$10.8 B

Holdings in Top 10

29.2%

52 WEEK LOW AND HIGH

$40.33
$30.84
$41.53

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 29.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$100,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Allocation--50% to 70% Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

FPA Crescent Fund

FPCSX | Fund

$40.34

-

1.14%

$0.46

1.07%

FPCSX - Profile

Distributions

  • YTD Total Return 12.1%
  • 3 Yr Annualized Total Return 11.8%
  • 5 Yr Annualized Total Return 10.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.10%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    FPA Crescent Fund
  • Fund Family Name
    FPA
  • Inception Date
    Sep 10, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Steven Romick

Fund Description

To pursue the fund's investment objective, the fund's portfolio managers ("portfolio managers") invest in both equity and debt securities of companies. The fund's portfolio managers believe that this combination of securities broadens the universe of opportunities for the fund, offers additional diversification and helps to lower volatility. The portfolio managers invest primarily in equity securities and the balance of the fund's portfolio in debt securities, cash and cash equivalents.


FPCSX - Performance

Return Ranking - Trailing

Period FPCSX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% -3.2% 98.7% 14.85%
1 Yr 33.2% -5.2% 64.4% 5.09%
3 Yr 11.8%* -3.2% 18.8% 31.48%
5 Yr 10.7%* 0.6% 18.8% 40.37%
10 Yr 9.8%* 2.0% 14.0% 41.48%

* Annualized

Return Ranking - Calendar

Period FPCSX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -39.0% 28.7% N/A
2019 N/A -5.8% 26.1% N/A
2018 N/A -32.7% 0.0% N/A
2017 N/A -6.5% 22.4% N/A
2016 N/A -43.7% 18.6% N/A

Total Return Ranking - Trailing

Period FPCSX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% -3.2% 98.7% 14.85%
1 Yr 33.2% -5.2% 64.4% 5.99%
3 Yr 11.8%* -3.2% 18.8% 25.03%
5 Yr 10.7%* -0.5% 18.8% 32.63%
10 Yr 9.8%* 1.9% 14.0% 38.56%

* Annualized

Total Return Ranking - Calendar

Period FPCSX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -39.0% 28.7% N/A
2019 N/A -5.8% 26.1% N/A
2018 N/A -32.7% 0.8% N/A
2017 N/A -3.7% 31.9% N/A
2016 N/A -43.7% 19.8% N/A

NAV & Total Return History


FPCSX - Holdings

Concentration Analysis

FPCSX Category Low Category High FPCSX % Rank
Net Assets 10.8 B 786 K 215 B 10.30%
Number of Holdings 196 1 15392 35.55%
Net Assets in Top 10 3.1 B -201 M 47.4 B 13.44%
Weighting of Top 10 29.21% 8.1% 100.0% 66.12%

Top 10 Holdings

  1. Comcast Corp Class A 3.46%
  2. Other Common Stock (Long) 3.37%
  3. Other Common Stock (Long) 3.37%
  4. Other Common Stock (Long) 3.37%
  5. Other Common Stock (Long) 3.37%
  6. Other Common Stock (Long) 3.37%
  7. Other Common Stock (Long) 3.37%
  8. Other Common Stock (Long) 3.37%
  9. Other Common Stock (Long) 3.37%
  10. Other Common Stock (Long) 3.37%

Asset Allocation

Weighting Return Low Return High FPCSX % Rank
Stocks
75.77% 0.00% 135.66% 2.97%
Cash
20.35% -54.99% 100.00% 4.04%
Bonds
4.15% 0.00% 118.02% 97.86%
Preferred Stocks
0.13% 0.00% 21.17% 47.21%
Convertible Bonds
0.00% 0.00% 26.00% 92.39%
Other
-0.41% -6.69% 67.29% 92.03%

Stock Sector Breakdown

Weighting Return Low Return High FPCSX % Rank
Communication Services
28.21% 0.00% 28.21% 0.12%
Financial Services
23.82% 0.00% 100.00% 5.96%
Technology
16.30% 0.00% 57.21% 67.82%
Basic Materials
10.73% 0.00% 34.29% 3.58%
Consumer Cyclical
7.52% 0.00% 38.28% 76.28%
Industrials
7.31% 0.00% 33.21% 92.01%
Consumer Defense
1.97% 0.00% 25.55% 96.07%
Utilities
1.75% 0.00% 99.15% 78.78%
Energy
1.60% 0.00% 57.95% 85.46%
Healthcare
0.80% 0.00% 52.26% 97.26%
Real Estate
0.00% 0.00% 99.15% 93.33%

Stock Geographic Breakdown

Weighting Return Low Return High FPCSX % Rank
US
49.47% 0.00% 134.30% 54.58%
Non US
26.30% 0.00% 36.57% 2.97%

Bond Sector Breakdown

Weighting Return Low Return High FPCSX % Rank
Cash & Equivalents
81.96% 0.00% 100.00% 2.26%
Government
12.44% 0.00% 100.00% 81.57%
Corporate
5.60% 0.00% 99.71% 96.20%
Derivative
0.00% 0.00% 32.51% 46.85%
Securitized
0.00% 0.00% 90.03% 91.68%
Municipal
0.00% 0.00% 98.19% 73.96%

Bond Geographic Breakdown

Weighting Return Low Return High FPCSX % Rank
US
4.15% 0.00% 65.90% 97.74%
Non US
0.00% -17.26% 95.28% 93.94%

FPCSX - Expenses

Operational Fees

FPCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.06% 5.49% 42.40%
Management Fee 0.94% 0.00% 2.00% 95.54%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.01% 0.01% 0.83% 0.53%

Sales Fees

FPCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FPCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 6.67%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FPCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 435.00% 34.13%

FPCSX - Distributions

Dividend Yield Analysis

FPCSX Category Low Category High FPCSX % Rank
Dividend Yield 1.14% 0.00% 3.00% 20.21%

Dividend Distribution Analysis

FPCSX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Monthly Monthly Monthly

Net Income Ratio Analysis

FPCSX Category Low Category High FPCSX % Rank
Net Income Ratio 0.10% -1.95% 11.02% 94.64%

Capital Gain Distribution Analysis

FPCSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

FPCSX - Fund Manager Analysis

Managers

Steven Romick


Start Date

Tenure

Tenure Rank

Jun 02, 1993

28.27

28.3%

Steven Romick, CFA, Managing Partner, joined FPA in 1996. Steven serves as Portfolio Manager for the FPA Contrarian Value Strategy, the FPA Contrarian Value Equity Strategy, Source Capital, Inc., and Co-Portfolio Manager for the FPA Multi-Advisor Strategy. Prior to joining FPA, Steven was Chairman of Crescent Management and a consulting security analyst for Kaplan, Nathan & Co. Steven earned a Bachelor's degree in Education from Northwestern University.

Brian Selmo


Start Date

Tenure

Tenure Rank

Jun 02, 2013

8.25

8.3%

Brian A. Selmo, CFA, Partner, joined FPA in 2008. Brian serves as Portfolio Manager and Director of Research for the FPA Contrarian Value Strategy, the FPA Contrarian Value Equity Strategy, and Source Capital, Inc. Prior to joining FPA, Brian was founder and managing member of Eagle Lake Capital, LLC, and Portfolio Manager of its predecessor. Previously, he was an analyst at Third Avenue Management and Rothschild, Inc. Brian earned a Bachelor's degree in Economics (with honors) from The Johns Hopkins University, where he graduated Phi Beta Kappa.

Mark Landecker


Start Date

Tenure

Tenure Rank

Jun 02, 2013

8.25

8.3%

Mark Landecker, CFA, Partner, joined FPA in 2009. Mark serves as Portfolio Manager for the FPA Contrarian Value Strategy, the FPA Contrarian Value Equity Strategy, and Source Capital, Inc. Prior to joining FPA, Mark served as Portfolio Manager at both Kinney Asset Management and Arrow Investments, Inc., and as associate at TD Capital and PricewaterhouseCoopers. Mark earned a BBA (with honors) from the Schulich School of Business, York University, Toronto, Canada.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 37.69 6.27 1.67