FPA New Income’s approach can look stodgy in frothy markets but has made up for it by protecting investors when things go sour. We have raised its Process Pillar rating to High from Above Average.
FPA New Income - Institutional FPNIX Fund Analysis
Morningstar’s Analysis FPNIX
Will FPNIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar