FPA Queens Road Value Fund (QRVLX)
The fund seeks to achieve its investment objective by investing primarily in the equity securities (common stocks, preferred stocks and convertible securities) of U.S. companies. Investments will be made based on their potential for capital growth without limitation on issuer capitalization.
Fund Info
| ISIN | US1048261028 |
|---|---|
| CUSIP | 104826102 |
| Issuer | FPA |
| Inception Date | Jun 13, 2002 |
| Category | Large Cap Value Equities |
| Min. Investment | $100,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
QRVLX features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: QRVLX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FPA Queens Road Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FPA Queens Road Value Fund had a return of 20.86% year-to-date (YTD) and 32.76% in the last 12 months. Over the past 10 years, FPA Queens Road Value Fund had an annualized return of 10.75%, which was very close to the S&P 500 benchmark's annualized return of 11.05%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 20.86% | 21.24% |
| 1 month | -0.91% | 0.55% |
| 6 months | 7.79% | 11.47% |
| 1 year | 32.76% | 32.45% |
| 5 years (annualized) | 12.61% | 13.43% |
| 10 years (annualized) | 10.75% | 11.05% |
Monthly Returns
The table below presents the monthly returns of QRVLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.73% | 5.13% | 4.78% | -2.35% | 2.43% | -1.11% | 4.35% | 1.89% | 2.66% | -2.56% | 20.86% | ||
| 2023 | 3.37% | -1.33% | -0.77% | 0.53% | -2.57% | 7.88% | 2.25% | 0.15% | -5.16% | -2.08% | 9.44% | 4.31% | 16.09% |
| 2022 | -4.38% | -2.20% | 2.28% | -6.85% | 0.74% | -7.30% | 6.64% | -3.28% | -7.68% | 12.78% | 5.94% | -3.71% | -8.85% |
| 2021 | -1.57% | 4.00% | 7.80% | 3.86% | 2.31% | -0.48% | 3.13% | 2.44% | -4.27% | 5.24% | -3.01% | 5.84% | 27.50% |
| 2020 | -0.84% | -9.58% | -11.85% | 9.78% | 4.13% | -0.85% | 4.18% | 3.23% | -1.46% | -2.08% | 12.16% | 2.41% | 6.78% |
| 2019 | 7.33% | 4.04% | 0.35% | 3.79% | -6.01% | 6.62% | 0.74% | -4.52% | 2.45% | 1.81% | 3.59% | 2.32% | 23.93% |
| 2018 | 4.47% | -3.54% | -2.30% | -0.35% | -0.22% | 0.66% | 3.97% | 1.72% | 1.44% | -5.97% | 4.88% | -8.71% | -4.83% |
| 2017 | 2.09% | 4.24% | 0.51% | 0.88% | -0.09% | 1.24% | 1.64% | -0.18% | 2.24% | 2.15% | 3.31% | 0.70% | 20.32% |
| 2016 | -1.72% | 0.27% | 5.44% | 0.88% | 1.48% | 0.66% | 2.76% | 0.34% | -0.63% | -2.15% | 4.60% | 1.36% | 13.82% |
| 2015 | -2.25% | 3.07% | -1.64% | 0.56% | 1.00% | -2.59% | 1.33% | -5.44% | -1.55% | 5.79% | -0.77% | -0.90% | -3.78% |
| 2014 | -3.24% | 3.35% | 0.68% | 0.68% | 1.39% | 1.22% | -1.71% | 2.76% | -0.90% | 1.96% | 2.86% | 0.29% | 9.52% |
| 2013 | 5.44% | 2.58% | 4.21% | 2.23% | 1.24% | -1.92% | 4.22% | -3.25% | 4.19% | 4.02% | 2.72% | 2.26% | 31.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of QRVLX is 87, placing it in the top 13% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FPA Queens Road Value Fund (QRVLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FPA Queens Road Value Fund provided a 1.08% dividend yield over the last twelve months, with an annual payout of $0.35 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.35 | $0.36 | $0.37 | $0.48 | $0.37 | $0.34 | $0.29 | $0.33 | $0.22 | $0.22 | $0.19 |
Dividend yield | 1.08% | 1.30% | 1.48% | 1.37% | 1.92% | 1.48% | 1.64% | 1.23% | 1.65% | 1.20% | 1.12% | 0.97% |
Monthly Dividends
The table displays the monthly dividend distributions for FPA Queens Road Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.48 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2013 | $0.19 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the FPA Queens Road Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FPA Queens Road Value Fund was 51.39%, occurring on Mar 9, 2009. Recovery took 972 trading sessions.
The current FPA Queens Road Value Fund drawdown is 2.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.39% | Jul 16, 2007 | 415 | Mar 9, 2009 | 972 | Jan 17, 2013 | 1387 |
| -34.8% | Feb 13, 2020 | 27 | Mar 23, 2020 | 166 | Nov 16, 2020 | 193 |
| -21.7% | Jan 12, 2022 | 181 | Sep 30, 2022 | 293 | Nov 30, 2023 | 474 |
| -16.03% | Sep 24, 2018 | 64 | Dec 24, 2018 | 55 | Mar 15, 2019 | 119 |
| -10.7% | May 21, 2015 | 67 | Aug 25, 2015 | 162 | Apr 18, 2016 | 229 |
Volatility
Volatility Chart
The current FPA Queens Road Value Fund volatility is 3.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.