First Eagle Short Dur Hi Yld Muncpl A (FDUAX)
| Fund Assets | 1.89B |
| Expense Ratio | 0.97% |
| Min. Investment | $2,500 |
| Turnover | 114.60% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 4.76% |
| Dividend Growth | 10.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.19 |
| YTD Return | 0.72% |
| 1-Year Return | 1.06% |
| 5-Year Return | n/a |
| 52-Week Low | 9.80 |
| 52-Week High | 10.22 |
| Beta (5Y) | n/a |
| Holdings | 696 |
| Inception Date | n/a |
About FDUAX
First Eagle Short Duration High Yield Municipal Fund Class A is an open-end municipal bond fund focused on generating high current income that is exempt from regular federal income taxes. The strategy primarily invests in below-investment-grade municipal securities while maintaining a shorter interest-rate profile to moderate duration risk relative to longer-maturity muni portfolios. Managed by First Eagle’s Municipal Credit team, the fund emphasizes rigorous, research-driven credit selection, active surveillance, and selective positioning across sectors such as healthcare, transportation, housing, and special assessment districts, as reflected in holdings spanning major issuers and project financings. Launched in 2024, it complements the firm’s broader municipal platform and targets investors seeking tax-aware income with attention to downside management through shorter duration and diversified exposure across hundreds of positions. The fund’s mandate allows opportunistic allocation within the high yield municipal universe while adhering to the objective of tax-exempt income, supported by an institutional research process and ongoing risk controls characteristic of First Eagle’s municipal franchise.
Performance
FDUAX had a total return of 1.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.78%.
Top 10 Holdings
18.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Florida Development Finance Corp., Series 2025 B | FL.FLSDEV 07.01.2057 | 3.02% |
| Chicago Board of Education, Series 2016 A | IL.CHIEDU 7 12.01.2044 | 2.79% |
| State of Nevada Department of Business & Industry, Series 2025 A | n/a | 2.39% |
| City & County of Denver CO - City & County of Denver, Series 2017 | CO.DENAPT 5 10.01.2032 | 2.36% |
| Westchester County Local Development Corp., Series 2025 | NY.WSTDEV 6.5 11.01.2030 | 2.12% |
| New Jersey Economic Development Authority, Series 2025 | n/a | 1.41% |
| Chicago Board of Education, Series 2017 A | IL.CHIEDU 7 12.01.2046 | 1.39% |
| Silicon Valley Tobacco Securitization Authority, Series 2007 A | n/a | 1.17% |
| Tulsa Municipal Airport Trust Trustees/OK - Tulsa Municipal Airport Trust Trustees, Series 2025 | OK.TULAPT 6.25 12.01.2035 | 1.16% |
| Wyandotte County-Kansas City Unified Government, Series 2022 | KS.WYAGEN 5.75 03.01.2041 | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04351 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0435 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04349 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04348 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04247 | Sep 30, 2025 |
| Aug 29, 2025 | $0.041 | Sep 2, 2025 |