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Trending ETFs

First Eagle U.S. Smid Cap Opportunity Fund

mutual fund
FEXRX
Payout Change
Pending
Price as of:
$11.83 -0.07 -0.59%
primary theme
N/A
FEXRX (Mutual Fund)

First Eagle U.S. Smid Cap Opportunity Fund

Payout Change
Pending
Price as of:
$11.83 -0.07 -0.59%
primary theme
N/A
FEXRX (Mutual Fund)

First Eagle U.S. Smid Cap Opportunity Fund

Payout Change
Pending
Price as of:
$11.83 -0.07 -0.59%
primary theme
N/A

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.83

$33 M

0.38%

$0.05

8.97%

Vitals

YTD Return

18.6%

1 yr return

27.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$33 M

Holdings in Top 10

26.3%

52 WEEK LOW AND HIGH

$11.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 8.97%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.83

$33 M

0.38%

$0.05

8.97%

FEXRX - Profile

Distributions

  • YTD Total Return 18.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    First Eagle U.S. Smid Cap Opportunity Fund
  • Fund Family Name
    First Eagle Funds
  • Inception Date
    Aug 15, 2022
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund invests, under normal circumstances, in equity securities of small-and mid-cap (“smid cap”) companies in an attempt to take advantage of what the Adviser believes are opportunistic situations for undervalued securities. Normally, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the equity securities (e.g., common stocks, warrants, rights and preferred stocks) of U.S. smid cap companies. The Adviser defines smid cap companies as those that have at the time of investment a market capitalization not greater than that of the largest company in the Russell 2500TM Index. The Russell 2500TM Index is reconstituted annually. As of December 31, 2023, the market capitalization range of the companies included within the Russell 2500TM Index was between $22.3 billion and $17 million.

Potential investments that the Adviser considers to be opportunistic may include situations involving company turnarounds (e.g., a company that may be experiencing periods of poor financial or stock performance but may be exhibiting potential for financial recovery), emerging growth companies with interrupted earnings patterns (e.g., companies without a long or consistent history of earnings but that the Adviser believes have the potential for earnings growth), companies with unrecognized asset values, or undervalued growth companies (e.g., companies that have low multiples of price-to book or price-to sales ratios, or companies with securities that are trading at a price below what the Adviser believes the security is worth). The Adviser also considers investments in companies that have the potential to benefit from a perceived catalyst for positive change, such as companies with new management, a more favorable business cycle, product innovation and/or margin improvement. In certain market environments, the Fund may invest up to 10% of its net assets (plus any borrowings for investment purposes and measured at the time of investment) in foreign investments (including American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”)).

The Fund may invest in other investment companies (e.g., exchange-traded funds) that invest in equity securities. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets into what the Adviser deems to be more promising opportunities, and/or manage cash levels in the Fund’s portfolio. In managing the Fund’s assets, the Adviser uses various methods of analysis primarily rooted in drawing a view on the valuation of each security and a related evaluation of each company. In selecting securities for

the Fund, the Adviser generally evaluates the quality of a company’s balance sheet and other measures of a company’s financial condition and profitability, such as the history and/or potential for improvement in cash flow generation, internal rates of return, and sustainable earnings. The Adviser generally seeks to invest in equity securities of companies that are trading below the Adviser’s estimate of the company’s current worth in an attempt to reduce the risk of overpaying for such securities.

For more information about the Smid Cap Fund’s principal investment strategies, please see the More Information about the Funds’ Investments section.

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FEXRX - Performance

Return Ranking - Trailing

Period FEXRX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.6% N/A N/A N/A
1 Yr 27.0% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period FEXRX Return Category Return Low Category Return High Rank in Category (%)
2023 13.4% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period FEXRX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.6% N/A N/A N/A
1 Yr 27.0% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period FEXRX Return Category Return Low Category Return High Rank in Category (%)
2023 17.5% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History


FEXRX - Holdings

Concentration Analysis

FEXRX Category Low Category High FEXRX % Rank
Net Assets 33 M N/A N/A N/A
Number of Holdings 78 N/A N/A N/A
Net Assets in Top 10 12.4 M N/A N/A N/A
Weighting of Top 10 26.27% N/A N/A N/A

Top 10 Holdings

  1. JP Morgan U.S. Government Money Market Fund, Capital Shares 5.37%
  2. Tenet Healthcare Corp. 3.05%
  3. Curtiss-Wright Corp. 2.78%
  4. Evercore, Inc., Class A 2.48%
  5. MKS Instruments, Inc. 2.38%
  6. Bio-Rad Laboratories, Inc., Class A 2.20%
  7. Cardinal Health, Inc. 2.09%
  8. Lennox International, Inc. 1.98%
  9. Quanta Services, Inc. 1.97%
  10. Air Lease Corp., Class A 1.96%

Asset Allocation

Weighting Return Low Return High FEXRX % Rank
Stocks
94.71% N/A N/A N/A
Cash
5.37% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High FEXRX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High FEXRX % Rank
US
94.71% N/A N/A N/A
Non US
0.00% N/A N/A N/A

FEXRX - Expenses

Operational Fees

FEXRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 8.97% N/A N/A N/A
Management Fee 0.75% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

FEXRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

FEXRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FEXRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

FEXRX - Distributions

Dividend Yield Analysis

FEXRX Category Low Category High FEXRX % Rank
Dividend Yield 0.38% N/A N/A N/A

Dividend Distribution Analysis

FEXRX Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

FEXRX Category Low Category High FEXRX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

FEXRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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FEXRX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A