Morningstar

FPA Crescent Fund Investor Class FPFRX

Morningstar Medalist Rating
Medalist Rating as of | See FPA Investment Hub
  • NAV / 1-Day Return 45.65  /  −0.50 %
  • Total Assets 12.5B
  • Adj. Expense Ratio
    1.150%
  • Expense Ratio 1.150%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Global Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.52%
  • Turnover 23%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:10 AM GMT+0

Morningstar’s Analysis FPFRX

Will FPFRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FPFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FPFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FPFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

There aren't many like it.

Senior Analyst Chris Tate

Chris Tate

Senior Analyst

Summary

FPA Crescent features skilled investors and a distinctive investment approach.

by Chris Tate
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FPFRX

More FPFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Analog Devices Inc

3.39 423M
Technology

Alphabet Inc Class A

2.85 355M
Communication Services

Alphabet Inc Class C

2.10 262M
Communication Services

Citigroup Inc

2.06 257M
Financial Services

International Flavors & Fragrances Inc

2.01 251M
Basic Materials

Meta Platforms Inc Class A

1.96 245M
Communication Services

Heineken Holding NV

1.89 236M
Consumer Defensive

Azelis Group NV

1.73 215M
Basic Materials

Safran SA

1.72 215M
Industrials

United States Treasury Bills 0.01589%

1.59 198M
Government

Sponsor Center