FPA Queens Road Small Cap Value Fund Institutional Class · NASDAQ:QRSIX
FPA Queens Road Small Cap Value Fund Institutional Class — FPA Crescent Fund — Investor Presentation (April 2026)
9 slides from FPA Queens Road Small Cap Value Fund Institutional Class's investor presentation, Apr 27, 2026
Slide 1: First Quarter 2026 Webcast Q&A
s First Quarter 2026 Webcast Q&A – April 27, 2026 d FPA Crescent Fund Presented by: Mark Landecker, FPA Portfolio Manager u n F Steven Romick, FPA Portfolio Manager Brian Selmo, FPA Portfolio Manager P A F
Slide 2: FPA Nominated for 2026 US Morningstar Awards for Investing Excellence
d s FPA Nominated for u n F 2026 US Morningstar Awards for Investing Excellence, Exemplary Stewardship Award P A F The 2026 US Morningstar Awards for Investing Excellence recognize portfolio managers and asset management firms that demonstrate excellent investment skill, the courage to differ from t
Slide 3: Formal invitation with agenda and RSVP details
d s u n F A formal invitation with agenda and RSVP A details will be sent to all FPA Webcast attendees . FP 3
Slide 4: Average Annual Total Returns (%)
s Average Annual Total Returns (%) Market Cycle d As of March 31, 2026 Since 30 Yr 20 Yr 15 Yr 10 Yr 5 Yr 3 Yr 1 Yr YTD QTD 3/25/00- 10/10/07- 1/4/22- n Inception* 10/9/07 1/3/22 3/31/26 FPA Crescent (FPACX) 10.09 9.55 8.11 8.69 9.69 8.63 14.50 16.06 -1.55 -1.55 14.70 7.65 8.90 u MSCI ACWI** - - - 9
Slide 5: d s
d s u n F P A F 5
Slide 6: d s
d s u n F P A F 6
Slide 7: Portfolio holdings by sector
s Communication Services 9.2 Health Care 6.1 Real Estate 0.9 Alphabet 4.7 Becton Dickinson 1.6 Douglas Emmett 0.6 Meta Platforms 2.1 Eurofins Scientific 1.0 Vornado Realty Trust 0.3 d Liberty Broadband 1.4 Hidden 0.6 Utilities 0.1 Comcast 1.0 Bio-Rad Laboratories 0.6 PG & E 0.1 Nintendo 0.6 Thermo F
Slide 8: Supplemental material and disclosures
s These slides are intended as supplemental material to the Third Quarter 2025 FPA Crescent Fund audio presentation and transcript that are posted on FPA's website at fpa.com. Holdings related data may be preliminary, is subject to change, and may differ from the Fund’s holdings disclosed in its ann
Slide 9: Bond investment risk disclosures
s The return of principal in a bond investment is not guaranteed. Bonds have issuer, interest rate, inflation and credit risks. Lower rated bonds, callable bonds and other types of debt obligations involve greater risks than higher rated bonds. Interest rate risk is when interest rates go up, the va
FPA Crescent Fund — Investor Presentation (April 2026) on 6ix