FPA Crescent Fund and Yahoo Finance

The FPA Crescent Fund (FPACX, FPCCX, FPALX) is a well-regarded value-oriented mutual fund offered by First Pacific Advisors (FPA). It seeks long-term capital appreciation by investing in a concentrated portfolio of undervalued securities across various asset classes, including stocks, bonds, and cash.

Yahoo Finance serves as a readily accessible platform to track the FPA Crescent Fund's performance, access key data, and obtain relevant news and analysis. Here's a breakdown of how Yahoo Finance relates to this fund:

Using Yahoo Finance to Track FPA Crescent Fund

• Ticker Symbols: The FPA Crescent Fund has multiple share classes, each with its own ticker symbol. The most common are:
  • FPACX (Investor Class)
  • FPCCX (Class C)
  • FPALX (Institutional Class)

  You can search for these tickers on Yahoo Finance to access the fund's information.

• Price Quotes and Charts: Yahoo Finance provides real-time or near real-time price quotes (delayed by a few minutes) for each share class. It also offers interactive charting tools to visualize the fund's historical performance over various timeframes (e.g., daily, weekly, monthly, yearly). You can compare its performance against benchmarks like the S&P 500.
• Key Statistics: The platform displays key statistics like:
  • Net Asset Value (NAV)
  • Expense Ratio: This represents the annual cost of operating the fund, expressed as a percentage of assets.
  • Yield: The income distributed by the fund, typically from dividends and interest, expressed as a percentage of its price.
  • Morningstar Rating: A measure of the fund's risk-adjusted performance relative to its peers.
  • Fund Size (Assets Under Management - AUM): The total market value of the assets managed by the fund.
• Holdings: While Yahoo Finance provides some information on the fund's top holdings, it's typically not as detailed as what you'd find directly on the FPA website. You can get a general sense of the sectors and companies the fund is invested in.
• News and Analysis: Yahoo Finance aggregates news articles and analysis related to the fund, including financial news, market commentary, and ratings changes. This can help you stay informed about factors potentially impacting the fund's performance.
• Historical Data: You can download historical price data for the fund to conduct your own analysis and backtesting.

Limitations of Yahoo Finance

While Yahoo Finance is a useful resource, it's important to be aware of its limitations:

• Delayed Data: Price quotes are often delayed, so they may not reflect the absolute latest market prices.
• Incomplete Information: For detailed fund information, always refer to the fund's prospectus and other official documents on the FPA website. Yahoo Finance provides a summary but lacks the comprehensive information found in official sources.
• Limited Holdings Detail: The list of holdings may not be exhaustive, and the weighting percentages may not be entirely current.

In conclusion, Yahoo Finance is a convenient starting point for monitoring the FPA Crescent Fund. Use it for quick price checks, charting, and accessing news. However, for in-depth research and decision-making, always consult the fund's official prospectus and materials available on the FPA website. Remember to consider your own investment goals and risk tolerance before investing in any mutual fund.