January 18, 2023 FPA New Income, Inc. 11601 Wilshire Blvd., Ste. 1200 Los Angeles, CA 90025 RE: Expense Limit Agreement – FPA New Income, Inc. Dear Ladies and Gentlemen:Fpa New Income Inc • January 27th, 2023
Company FiledJanuary 27th, 2023FPA New Income, Inc. (the “Fund”), a Maryland corporation, has entered into an agreement with First Pacific Advisors, LP (“Adviser”) whereby Adviser provides investment advisory services to the Fund (the “Investment Advisory Agreement”).