Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
FPA New Income Fund returned a strong 7.36% in 2025 and is maintaining a highly cautious, contrarian stance by avoiding expensive corporate credit in favor of liquid, high-quality Treasuries and Agency bonds.
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FPA New Income Fund returned a strong 7.36% in 2025 and is maintaining a highly cautious, contrarian stance by avoiding expensive corporate credit in favor of liquid, high-quality Treasuries and Agency bonds.
BlackRock Managed Income Fund returned 3.38% in Q2 2025, outperforming its benchmark. The fund is constructive on equities (adding to international) but remains defensive on bonds, avoiding long duration and keeping high yield underweight.
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BlackRock Managed Income Fund returned 3.38% in Q2 2025, outperforming its benchmark. The fund is constructive on equities (adding to international) but remains defensive on bonds, avoiding long duration and keeping high yield underweight.
