FPA Queens Road Small Cap Value Fund’s Q4 2023 Investor Letter

Investment management company First Pacific Advisors recently released its “FPA Queens Road Small Cap Value Fund” fourth quarter 2023 investor letter. In the fourth quarter, the fund returned 13.09% compared to a 15.26% return for the Russell 2000 Value Index. The Fund returned 16.00% in 2023 vs. 14.65% for the index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of FPA Queens Road Small Cap Value Fund’s Q4 2023 investor letter can be downloaded here.