FPAS — FPA Short Duration Government ETF
Data updated: 2026-08-19
FPAS — FPA Short Duration Government ETF. Short Treasury / Sovereign Bond · $9.87M AUM · 0.10% expense ratio. Holdings, fees, performance and SEC filings.
FPAS Fund Overview
FPAS — FPA Short Duration Government ETF is a US ETF managed by Investment Managers Series Trust III, categorised as Short Treasury / Sovereign Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Investment Managers Series Trust III
- Category: Short Treasury / Sovereign Bond
- Assets under management: $9.87M
- 1-year return: 2.0%
- Ticker: FPAS
- SEC CIK: 0000924727
- SEC series ID: S000088662
- Share class ID: C000254998
FPAS Holdings
Top 2 holdings of FPA Short Duration Government ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 67.71% |
| United States Of America - Bureau Of The Public Debt | 30.63% |
FPAS Portfolio Allocation
Asset-class allocation of FPA Short Duration Government ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.3% |
FPAS Performance
Total returns for FPAS (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.3% |
| 1 year | 2.0% |
FPAS Risk Information
Risk metrics for FPAS, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.7%
FPAS Costs and Fees
FPAS costs about $10 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.10%
- Gross expense ratio: 8.90%
- Portfolio turnover: 228%
FPAS Cashflows
Over the 12 months to 2026-06, FPA Short Duration Government ETF had net inflows of $6.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $3.08M |
| 2026-05 | $0 |
| 2026-04 | $625.00K |
| 2026-03 | $1.89M |
| 2026-02 | $0 |
| 2026-01 | $0 |
FPAS Debt Constituents
Largest debt holdings of FPA Short Duration Government ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 67.71% |
| United States Of America - Bureau Of The Public Debt | 30.63% |
FPAS Prospectus and SEC Filings
Official FPA Short Duration Government ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Short Treasury / Sovereign Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.