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FPA Queens Road Small-Cap Value Fund Q2 2025 Commentary (QRSVX)

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FPA is a Los Angeles-based institutional money management firm practicing a disciplined approach to value investing, prudently seeking superior long-term returns while maintaining a focus on capital preservation. Note: This account is not managed or monitored by FPA, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use FPA’s official channels.

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