FPA Queens Road Small Cap Value Fund

Frequently Asked Questions About QRSVX

What does QRSVX invest in?

The fund seeks to achieve its investment objective by investing primarily in the equity securities (common stocks, preferred stocks and convertible securities) of small capitalization U.S. companies. Under normal circumstances, it will invest at least 80% of its assets (for the purpose of this requirement, net assets include net assets plus any borrowings for investment purposes) in equity securities of companies with small market capitalization.

What is the expense ratio of QRSVX?

FPA Queens Road Small Cap Value Fund (QRSVX) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QRSVX?

FPA Queens Road Small Cap Value Fund (QRSVX) manages $1.13B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is QRSVX actively managed or an index fund?

QRSVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was QRSVX launched?

FPA Queens Road Small Cap Value Fund (QRSVX) launched in June 2002 and is managed by FPA.

How has QRSVX performed?

QRSVX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.