Fund Announcements

April 1, 2015

FPA New Income, Inc. (Fund #78) Common Stock Dividend

The dates for and the amount of the above dividend are as follows:

CUSIP: 302544101

Amount: $0.07 per share from net investment income

Record: Tuesday, March 31, 2015

Ex-dividend/Reinvestment: Wednesday, April 1, 2015

Reinvest NAV: $10.12

Payable: Thursday, April 2, 2015

Please see attached file for Q1 2015 FPA New Income distribution. PDF>