FPA Short Duration Government ETF Q4 2025 Commentary
FPA Short Duration Government ETF (the "Fund") returned 1.05% in fourth quarter of 2025 and 6.84% for the year ended December 31, 2025. Treasuries were the top contributors to performance due to interest income and price increase due to lower benchmark yields. Treasuries were the top contributors to performance due to interest income and price increase due to lower benchmark yields.
