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FPAS · BATS · ETF

FPA Short Duration Government ETF (FPAS) Price, Holdings & Fees

$778.39−0.92%−$7.26End-of-day price as of Oct 9, 2026

FPA Short Duration Government ETF (FPAS) closed at $778.39 on Oct 9, 2026, down 0.92% from the previous close of $785.65.

Share price, past year

1Y +30.54%

52-week range $596.28 – $856.77. Daily closing prices.
Monthly closing prices
Last closing price of each month
DateClose
Oct 9, 2026$778.39
Sep 30, 2026$804.49
Aug 31, 2026$843.35
Jul 31, 2026$844.02
Jun 30, 2026$768.54
May 29, 2026$745.48
Apr 30, 2026$747.33
Mar 31, 2026$721.44
Feb 27, 2026$721.99
Jan 30, 2026$692.34
Dec 31, 2025$685.54
Nov 28, 2025$635.66
Oct 31, 2025$608.45

Key statistics

Expense ratio
0.10%
as of Jan 31, 2026
Net assets
$9.9M
as of Jun 30, 2026
Holdings
2
as of Jun 30, 2026
52-week range
$596.28 – $856.77

FPA Short Duration Government ETF's expense ratio is 0.10%: $10.00 a year on $10,000 invested.

Holdings

FPA Short Duration Government ETF held 2 investments worth $9.87M as of Jun 30, 2026. Its largest holding was UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT, at 67.71% of the fund.

FPA Short Duration Government ETF largest holdings by share of net assets
#Holding% of fundValue
1UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTT67.71%$6.68M
2UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTT30.63%$3.02M

Top 2 of 2 holdings, as of Jun 30, 2026. Percentages are of the fund's net assets.

What the fund owns

FPA Short Duration Government ETF holdings by asset type
Asset type% of fund
Bonds and other debt98.34%
FPA Short Duration Government ETF holdings by country, largest 1
Country% of fund
United States98.34%

Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.

Monthly total returns

Over the 3 months to Jun 30, 2026, FPA Short Duration Government ETF's total return was −0.30%, as reported to the SEC.

FPA Short Duration Government ETF monthly total returns
MonthTotal return
Jun 30, 2026−0.09%
May 31, 2026−0.27%
Apr 30, 2026+0.07%

The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.

Fund profile

Name
FPA Short Duration Government ETF
Ticker
FPAS
Exchange
BATS
Fund type
ETF
Trust
Investment Managers Series Trust III
SEC series ID
S000088662
SEC CIK
0000924727
Fractional shares
No

Recent SEC filings

Shareholder reports and prospectuses are filed by Investment Managers Series Trust III, the trust behind FPA Short Duration Government ETF, and cover all of its funds.

Frequently asked questions

What is FPAS's price?

FPA Short Duration Government ETF (FPAS) closed at $778.39 on Oct 9, 2026, down 0.92% from the previous close of $785.65.

What is FPAS's expense ratio?

FPA Short Duration Government ETF's expense ratio is 0.10%: $10.00 a year on $10,000 invested.

What does FPAS hold?

FPA Short Duration Government ETF held 2 investments worth $9.87M as of Jun 30, 2026. Its largest holding was UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT, at 67.71% of the fund. Its five largest holdings were UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT, UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT.

How has FPAS performed?

Over the 3 months to Jun 30, 2026, FPA Short Duration Government ETF's total return was −0.30%, as reported to the SEC.

Sources and methodology

Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of Jun 30, 2026 (filed Aug 19, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Jan 31, 2026. Prices are generated sample data for development. Data sources and disclosures