FPA Queens Road Value Fund (QRVLX)
| Fund Assets | 53.35M |
| Expense Ratio | 0.65% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 2.72% |
| Dividend Growth | -20.23% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 32.95 |
| YTD Return | 3.30% |
| 1-Year Return | 8.84% |
| 5-Year Return | 66.15% |
| 52-Week Low | 26.96 |
| 52-Week High | 33.70 |
| Beta (5Y) | 0.83 |
| Holdings | 30 |
| Inception Date | Jun 13, 2002 |
About QRVLX
The FPA Queens Road Value Fund is an institutional mutual fund focused on investing primarily in large-cap equity securities. Its main objective is to offer long-term capital appreciation by employing a fundamental, bottom-up analysis to identify companies with attractive valuations, typically those with market capitalizations above $2 billion. The fund is notable for maintaining a concentrated portfolio, often holding just over two dozen stocks, with the top ten positions making up a significant portion of total assets. Sectors with notable portfolio weight include technology, industrials, financial services, and healthcare. The fund emphasizes quality, seeking businesses characterized by strong balance sheets and consistent profitability, while actively managing portfolio risk and prioritizing a margin of safety. Known for its disciplined, value-oriented investment process and comparatively low expense ratio, this fund plays a significant role in the value category by providing investors with exposure to established, fundamentally sound companies at reasonable valuations, contributing to portfolio diversification and stability in the broader financial market.
Performance
QRVLX had a total return of 8.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.26%.
Top 10 Holdings
60.46% of assets| Name | Symbol | Weight |
|---|---|---|
| American Express Company | AXP | 8.11% |
| Oracle Corporation | ORCL | 7.14% |
| Trane Technologies plc | TT | 7.13% |
| Morgan Stanley Instl Lqudty Trs Instl | n/a | 6.45% |
| Eaton Corporation plc | ETN | 6.34% |
| Ameriprise Financial, Inc. | AMP | 5.86% |
| JPMorgan Chase & Co. | JPM | 5.78% |
| General Dynamics Corporation | GD | 5.37% |
| Berkshire Hathaway Inc. | BRK.A | 4.51% |
| Pfizer Inc. | PFE | 3.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.90281 | Dec 19, 2025 |
| Dec 19, 2024 | $1.13178 | Dec 19, 2024 |
| Dec 20, 2022 | $0.66769 | Dec 20, 2022 |
| Dec 20, 2021 | $4.53551 | Dec 20, 2021 |
| Dec 9, 2020 | $1.6175 | Dec 9, 2020 |
| Dec 19, 2019 | $0.8449 | Dec 19, 2019 |