Expense ratio: 1.16%
FPA Crescent is a go-anywhere fund and a member of the Kiplinger 25. Manager Steve Romick takes advantage of this fund's freedom to roam. It owns everything from common stocks to bonds, preferred shares, convertible securities and bank loans. The mix performs well in up and down years.
See FUND TABLES: Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds.
Visit Kiplinger's Model Portfolios for three examples of how you can put Kiplinger 25 funds to work.
And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.