September 1, 2015
FPA U.S. Value Strategy Commences
Los Angeles (September 1, 2015) – Following the announcement on June 4, 2015, today marks the inception of the FPA U.S. Value Strategy, including the FPA U.S. Value Fund, Inc. (FPPFX), formerly known as FPA Perennial Fund, Inc. Gregory Nathan leads the strategy. The Fund is currently closed to new investors and we expect it will reopen in October once the portfolio manager has completed transitioning the portfolio. The Fund also expects to make a capital gains distribution prior to re-opening.