Expense ratio: 1.14%
FPA Crescent is a go-anywhere fund and a member of the Kiplinger 25. Longtime manager Steve Romick promoted Mark Landecker and Brian Selmo to co-managers last year. The trio can invest in just about anything, anywhere. At last word, their mix included 52% stocks and 32% U.S. government bonds.
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.