FPA New Income Fund Institutional (FPNIX)
9.93
0.00 (0.00%)
USD |
May 18 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.45% | 11.14B | -- | 41.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.812B | 4.50% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide long-term total return, which includes income and capital appreciation, while considering capital preservation. The Fund invests in a diversified portfolio of debt securities, cash, and cash equivalents. The Fund invests in highly rated debt securities and invests at least 75% of total assets. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Medium Term |
| Peer Group | Short-Intmdt Investment Grade Debt Funds |
| Global Macro | Bond HC |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short-Intmdt Investment Grade Debt Funds |
| Fund Owner Firm Name | FPA |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
20
-110.70M
Peer Group Low
959.16M
Peer Group High
1 Year
% Rank:
13
1.812B
-1.543B
Peer Group Low
7.832B
Peer Group High
3 Months
% Rank:
9
-613.15M
Peer Group Low
2.136B
Peer Group High
3 Years
% Rank:
7
-5.517B
Peer Group Low
4.187B
Peer Group High
6 Months
% Rank:
13
-1.523B
Peer Group Low
2.977B
Peer Group High
5 Years
% Rank:
65
-6.027B
Peer Group Low
5.936B
Peer Group High
YTD
% Rank:
18
-613.15M
Peer Group Low
2.858B
Peer Group High
10 Years
% Rank:
17
-3.705B
Peer Group Low
34.97B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 19, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.63% |
| Stock | 1.53% |
| Bond | 93.41% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 4.42% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 3.5 02/28/2031 FIX USD Government | 9.10% | 96.78 | -0.00% |
| United States of America USGB 3.625 10/31/2030 FIX USD Government | 7.47% | 97.49 | -0.01% |
| United States of America USGB 3.75 01/31/2031 FIX USD Government | 7.33% | 97.85 | -0.02% |
| United States of America USGB 3.5 11/30/2030 FIX USD Government | 3.26% | 96.93 | -0.01% |
| United States of America USGB 04/09/2026 FIX USD Government (Matured) | 2.59% | 100.00 | 0.01% |
| United States of America USGB 3.625 12/31/2030 FIX USD Government | 1.98% | 97.38 | -0.02% |
| United States of America USGB 04/16/2026 FIX USD Government (Matured) | 1.87% | 100.00 | 0.01% |
| United States of America USGB 04/02/2026 FIX USD Government (Matured) | 1.05% | 100.00 | 0.01% |
| PHI Group, Inc. (Louisiana) | 1.03% | 27.44 | -7.76% |
|
Federal National Mortgage Association 01-MAR-2037 FS1967
|
0.97% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.36% |
| Administration Fee | 1.26M% |
| Maximum Front Load | 0.00% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide long-term total return, which includes income and capital appreciation, while considering capital preservation. The Fund invests in a diversified portfolio of debt securities, cash, and cash equivalents. The Fund invests in highly rated debt securities and invests at least 75% of total assets. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Medium Term |
| Peer Group | Short-Intmdt Investment Grade Debt Funds |
| Global Macro | Bond HC |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short-Intmdt Investment Grade Debt Funds |
| Fund Owner Firm Name | FPA |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (5-15-26) | 4.15% |
| 30-Day SEC Yield (3-31-26) | 3.45% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 343 |
| Bond | |
| Yield to Maturity (3-31-26) | 4.00% |
| Effective Duration | 3.30 |
| Average Coupon | 3.86% |
| Calculated Average Quality | 1.461 |
| Effective Maturity | 8.994 |
| Nominal Maturity | 8.994 |
| Number of Bond Holdings | 311 |
As of March 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 7/11/1984 |
| Last Annual Report Date | 9/30/2025 |
| Last Prospectus Date | 1/31/2026 |
| Share Classes | |
| FPNRX | Inv |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FPNIX", "name") |
| Broad Asset Class: =YCI("M:FPNIX", "broad_asset_class") |
| Broad Category: =YCI("M:FPNIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FPNIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |