Fund Announcements

October 1, 2013

FPA New Income, Inc. (Fund #78) Common Stock Dividend

The dates for and the amount of the above dividend are as follows:

                        Declared: Monday, September 30, 2013 (Unanimous Written Consent)

                        CUSIP:      302544101

                        Amount:  $0.12 per share from net investment income

                        Record:  Close of business Monday, September 30, 2013

                        Ex-dividend/Reinvestment: Tuesday, October 1, 2013

                        Reinvestment Price:  $10.33

                        Payable: Wednesday, October 2, 2013

Please contact your tax advisor to review the impact of these capital gains on your situations and discuss possible tax strategies.

Investing in a mutual fund involves risks, including the possible loss of principal.  The Prospectus details the Fund’s objective and policies, sales charges, and other matters of interest to the prospective investor.  Please read this Prospectus carefully before investing.  The Prospectus may be obtained by visiting the website at, by email at, toll-free by calling 1-800-982-4372 or by contacting the Fund in writing.

FPA Funds are distributed by UMB Distribution Services, LLC