FPA Crescent Fund (FPACX)
FPA Crescent Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $47.12, down 0.32% on the session, giving a market capitalisation of $12.68B. Its beta of 0.83 implies it has historically moved less than the broad market.
The FPA Crescent Fund's investment team strategically allocates capital across both company stocks (equity securities) and bonds (debt securities). The fund's managers maintain that this combined investment approach significantly broadens the universe of potential opportunities, enhances portfolio diversification, and aims to mitigate overall volatility. While the core of the portfolio is concentrated in equity holdings, the remaining assets are deployed into debt instruments, cash, and other highly liquid equivalents.
FPA Crescent Fund is most often compared with the following Financial Services names: