First Eagle Short Dur Hi Yld Muncpl I (FDUIX)
| Fund Assets | 1.89B |
| Expense Ratio | 0.72% |
| Min. Investment | $2,500 |
| Turnover | 114.60% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 5.13% |
| Dividend Growth | 6.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.93 |
| YTD Return | 0.76% |
| 1-Year Return | 1.44% |
| 5-Year Return | n/a |
| 52-Week Low | 9.53 |
| 52-Week High | 9.95 |
| Beta (5Y) | n/a |
| Holdings | 696 |
| Inception Date | n/a |
About FDUIX
First Eagle Short Duration High Yield Municipal Fund Class I is an open-end municipal bond fund focused on generating high current income that is generally exempt from regular federal income taxes. The fund normally invests at least 80% of net assets in municipal bonds across U.S. states, territories, and related issuers, emphasizing below-investment-grade credits while managing interest-rate exposure through a short-duration profile. The strategy targets a balance between tax-advantaged income and risk control via rigorous credit research, active surveillance, and selective positioning under the leadership of John Miller and First Eagle’s Municipal Credit team. Portfolio construction reflects broad diversification across hundreds of holdings and a weighted average duration designed to reduce sensitivity to rate moves versus longer-dated peers. Since its January 2024 launch, the fund has grown rapidly, surpassing $1 billion in assets by mid-2025, highlighting demand for short-duration, tax-aware municipal income solutions. Expense caps are in place for this share class through February 2026, supporting cost discipline alongside the fund’s income objective.
Performance
FDUIX had a total return of 1.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.70%.
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 | $0.04553 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04553 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04553 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04553 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0445 | Sep 30, 2025 |
| Aug 29, 2025 | $0.043 | Sep 2, 2025 |