Investors in Los Angeles–based FPA funds will be glad to hear that effective April 1, all of the FPA Funds will be available as no-load funds.

The change will only affect FPA Capital Fund [FPPTX], FPA New Income [FPNIX], FPA Paramount Fund [FPRAX] and FPA Perennial Fund [FPPFX], since these funds are currently structured as front-load mutual funds.

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