FPA New Income has executed a long-planned management handoff and reopened to new investors. It has always been shareholder-focused, though, and new fee waivers further cement that reputation. It carries a Morningstar Analyst Rating of Bronze.
NAV / 1-Day Return
9.48 / 0.11 %
Adj. Expense Ratio
Longest Manager Tenure
Credit Quality / Interest Rate SensitivityHigh / Limited
Min. Initial Investment
Morningstar’s Fund Analysis FPNIX
Will FPNIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.