Morningstar

FPA Queens Road Small Cap Value Fund Investor Class QRSVX

Morningstar Medalist Rating
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Medalist Rating as of See FPA Investment Hub
  • NAV / 1-Day Return $51.28  /  +0.43 %
  • Fund Size $1.4B
  • Adjusted Expense Ratio 0.950%
  • Net Expense Ratio 0.930%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Small Value
  • Equity Style Box (Funds) Small Value
  • Minimum Initial Investment $1,500
  • Investment Status Open
  • TTM Yield 0.81%
  • Turnover Ratio 17%
NAV and 1-Day Return as of

Morningstar’s Analysis QRSVX

Will QRSVX 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 QRSVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QRSVX 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 QRSVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Steady but not stagnant.

Principal Tony Thomas

Tony Thomas

Principal

Summary

FPA Queens Road Small Cap Value is a no-drama offering where changes are gradual—and often positive. It earns Above Average People and Process ratings.

by Tony Thomas
Rated on Published on

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Portfolio Holdings QRSVX

More QRSVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Instl Lqudty Trs Instl

6.82 91M
Cash and Equivalents

UGI Corp

4.36 58M
Utilities

TD Synnex Corp

4.17 56M
Technology

Vanguard 0-3 Month Treasury Bill ETF

3.43 46M
—

Arrow Electronics Inc

3.38 45M
Technology

RLI Corp

3.25 44M
Financial Services

JBT Marel Corp

2.96 40M
Industrials

New Jersey Resources Corp

2.95 39M
Utilities

Servisfirst Bancshares Inc

2.89 39M
Financial Services

Vontier Corp Ordinary Shares

2.85 38M
Technology

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