Tom Atteberry, a Partner of First Pacific Advisors, LLC, and Chief Executive Officer & Portfolio Manager of FPA New Income, Inc. (Nasdaq: FPNIX), a mutual fund managed by FPA, and the FPA Absolute Fixed Income investment team, will hold a 4th quarter 2011 conference call on Monday, January 30, 2012, at 1 p.m. PST, to discuss the portfolios managed as well as their outlook on the economy and the market, and to answer questions, as time permits, which may be submitted online upon registration.

To register for the Webinar and to submit questions, please go to

http://www.fpafunds.com/articles/120111_Q4_NI.html

For the audio portion only, please dial in as instructed below

USA (Toll-Free):                 (877) 358-8686
International: (561) 290-0786
Participant Code: 3109962001

First Pacific Advisors, LLC, based in Los Angeles, employs a disciplined, value-oriented investment approach in managing more than $17 billion for institutional and mutual fund investors. In addition to FPA New Income, Inc., FPA serves as investment adviser to five open-end mutual funds: FPA Capital Fund, Inc. (Nasdaq: FPPTX), FPA Funds Trust's FPA Crescent Fund (Nasdaq: FPACX), FPA Funds Trust's FPA International Value Fund (Nasdaq: FPIVX), FPA Paramount Fund, Inc. (Nasdaq: FPRAX) and FPA Perennial Fund, Inc. (Nasdaq: FPPFX); as well as one closed-end investment company, Source Capital, Inc. (NYSE: SOR). More information on FPA and the FPA Funds is available at www.fpafunds.com.

First Pacific Advisors, LLC
Hilary Reddy, 310-996-5411