First Eagle Short Dur Hi Yld Muncpl R6 (FDURX)
| Fund Assets | 2.04B |
| Expense Ratio | 0.63% |
| Min. Investment | $2,500 |
| Turnover | 114.60% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 5.49% |
| Dividend Growth | 12.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.91 |
| YTD Return | 2.83% |
| 1-Year Return | 2.94% |
| 5-Year Return | n/a |
| 52-Week Low | 9.77 |
| 52-Week High | 10.17 |
| Beta (5Y) | n/a |
| Holdings | 810 |
| Inception Date | Jan 2, 2024 |
About FDURX
First Eagle Short Duration High Yield Municipal Fund Class R6 is an open-end mutual fund focused on U.S. municipal debt with an emphasis on short duration and below-investment-grade credit. Its primary objective is to deliver tax-exempt income while seeking to limit interest rate sensitivity through a shorter interest rate profile. The strategy is managed by First Eagle’s municipal credit team and invests across revenue-backed and general obligation issuers, prioritizing rigorous credit research, active surveillance, and selective positioning. The fund targets segments of the municipal market where fundamental analysis can identify resilient cash flows and covenant strength, aiming to balance high-yield income characteristics with controlled duration risk. Launched in 2024, it complements the firm’s broader municipal platform and is designed for investors who value tax-aware income and diversification relative to taxable corporate credit. Class R6 shares are institutional in nature, typically carrying no sales load and lower operating expenses relative to retail share classes, which can enhance cost efficiency for qualified plans and fiduciary platforms. The fund’s role in the market is to provide access to high-yield municipal bonds with a disciplined, short-duration approach.
Performance
FDURX had a total return of 2.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.30%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04628 | Jun 30, 2026 |
| May 29, 2026 | $0.04623 | May 29, 2026 |
| Apr 30, 2026 | $0.04628 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04599 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04599 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04558 | Jan 30, 2026 |