# FPA Short Duration Government ETF (FPAS) — Overview

FPAS · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/fpas

## Price

Last close $23.94 on Oct 15, 2026. 52-week range $23.71 – $25.54.

## Fund profile

The FPA Short Duration Government ETF (the “Fund”) seeks to provide long-term total return, which includes income and capital appreciation, while considering capital preservation.

| Metric | Value |
| --- | --- |
| Issuer | First Pacific Advisors LP |
| Industry | — |
| Inception | Oct 31, 2024 |
| Assets under management | $15.6M |
| Expense ratio | 0.10% |
| Net asset value | $23.97 (as of Oct 15, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is FPA Short Duration Government ETF (FPAS)?

The FPA Short Duration Government ETF (the “Fund”) seeks to provide long-term total return, which includes income and capital appreciation, while considering capital preservation.

### What is FPAS's expense ratio?

FPA Short Duration Government ETF charges an annual expense ratio of 0.10%. The fund is issued by First Pacific Advisors LP.

### How large is FPAS?

FPA Short Duration Government ETF manages $15.6M in assets and has traded since Oct 31, 2024.

### How do I buy shares of FPA Short Duration Government ETF (FPAS)?

FPAS trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).