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About FPA Global Equity ETF
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Inception date
Dec 17, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Pacific Advisors LP
Distributor
Distribution Services LLC
ISIN
US30254T5772
FPAG seeks long-term income and capital growth from an actively managed portfolio of large- and mid-cap value stocks from developed and emerging markets. Constituents are selected using the Contrarian Value Equity Strategy which seeks to invest in companies that are considered undervalued, including firms that currently appear out of favor according to media headlines, but have a favorable outlook for growth in the next 5 to 10 years. The fund adviser also conducts an internal research of each firms financial condition (potential future earnings, cash flow, and dividends), including its target customers and competitors. The final portfolio composition consists of securities offered at a substantial discount relative to the fund advisers estimation of their intrinsic value. The fund limits its non-US exposure to 40% of its net assets. FPAG is the first ETF launched by the First Pacific Advisors.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Consumer Non-Durables
Stocks95.95%
Technology Services16.52%
Electronic Technology15.48%
Consumer Non-Durables12.57%
Consumer Services8.64%
Finance8.41%
Retail Trade4.90%
Health Technology4.74%
Distribution Services4.51%
Non-Energy Minerals4.50%
Commercial Services3.90%
Industrial Services3.89%
Consumer Durables3.77%
Producer Manufacturing2.94%
Transportation1.00%
Utilities0.19%
Bonds, Cash & Other4.05%
ETF3.07%
Cash0.98%
Stock breakdown by region
North America57.47%
Europe36.99%
Asia5.55%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FPAG invests in stocks. The fund's major sectors are Technology Services, with 16.52% stocks, and Electronic Technology, with 15.48% of the basket. The assets are mostly located in the North America region.
FPAG top holdings are Meta Platforms Inc Class A and Analog Devices, Inc., occupying 5.33% and 4.94% of the portfolio correspondingly.
FPAG last dividends amounted to 0.08 USD. The quarter before, the issuer paid 0.16 USD in dividends, which shows a 83.68% decrease.
FPAG assets under management is 241.59 M USD. It's risen 6.37% over the last month.
FPAG fund flows account for 56.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FPAG pays dividends to its holders with the dividend yield of 1.23%. The last dividend (Jun 20, 2025) amounted to 0.16 USD. The dividends are paid quarterly.
FPAG shares are issued by First Pacific Advisors LP under the brand FPA. The ETF was launched on Dec 17, 2021, and its management style is Active.
FPAG expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
FPAG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FPAG invests in stocks.
FPAG price has risen by 2.97% over the last month, and its yearly performance shows a 22.52% increase. See more dynamics on FPAG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.69% over the last month, showed a 10.37% increase in three-month performance and has increased by 24.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.69% over the last month, showed a 10.37% increase in three-month performance and has increased by 24.84% in a year.
FPAG trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.