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Fpa New Income - Institutional (FPNIX)

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9.80 -0.00    0.00%
31/01 - Closed. Currency in USD
Type:  Fund
Market:  United States
Issuer:  FPA
Asset Class:  Bond
  • Morningstar Rating:
  • Total Assets: 8.71B
FPA New Income 9.80 -0.00 0.00%

Fpa New Income - Institutional Overview

 
On this page you'll find an in-depth profile of Fpa New Income - Institutional. Learn about the key management, total assets, investment strategy and contact information of FPNIX among other information.
Category

Short-Term Bond

Total Assets

8.71B

Expenses

0.45%

Inception Date

25294

Investment Strategy

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 invests 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 and in cash equivalent securities.

Contact Information

Address 111400 W. Olympic Blvd., Suite 1200
Los Angeles,CA 90064
United States
Phone +1 8009824372

Top Executives

Name Title Since Until
Abhijeet Patwardhan Vice President and Portfolio Manager 2015 Now
Biography Abhijeet Patwardhan is a Partner (since January 2017) and a Director of Research (since April 2015) of First Pacific Advisors, LLC. Previously Mr. Patwardhan served as Managing Director of the Adviser from November 2015 to January 2017, Senior Vice President from January 2014 to November 2015 and as an analyst and Vice President from June 2010 to December 2013
Thomas H. Atteberry Partner 2004 2022
Biography 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.
Robert L. Rodriguez Portfolio Manager 1984 2009
Biography Robert L. Rodriguez, CFA, Managing Partner and Chief Executive Officer of FPA, joined the firm in 1983. Bob serves in a supporting role to the research and portfolio management teams for the Small Absolute Value and Absolute Fixed Income strategies. Prior to joining FPA, Bob served as a senior portfolio manager, Chairman’s Department of Kaufman & Broad, Inc., and portfolio manager at Transamerica Investment Services, Inc. Bob earned a BS in Business Administration (Magna Cum Laude) and an MBA, from the University of Southern California.
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