Fund Announcements

October 1, 2014

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: $0.05 per share from net investment income

Record: Tuesday, September 30, 2014

Ex-dividend/Reinvestment: Wednesday, October 1, 2014

Reinvest NAV: $10.19

Payable: Thursday, October 2, 2014

Please see attached file for Q3 2014 for FPA New Income distribution by clicking PDF>.