The FPA Crescent Fund Supra Institutional Class (FPCSX) is a mutual fund that aims to provide long-term capital appreciation and income by investing in a diversified portfolio of stocks, bonds, and cash equivalents. It is designed for institutional investors and has a focus on value-oriented investments. The fund is managed by the First Pacific Advisors (FPA) team, known for their disciplined and research-driven approach to investing. FPCSX may also invest in international securities, providing exposure to global markets. Overall, this mutual fund offers a balanced and conservative investment strategy for those seeking steady growth and income.