First Eagle Short Dur Hi Yld Muncpl C (FDYCX)
| Fund Assets | 1.89B |
| Expense Ratio | 1.94% |
| Min. Investment | $2,500 |
| Turnover | 114.60% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.24% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.94 |
| YTD Return | 0.68% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.62 |
| 52-Week High | 9.96 |
| Beta (5Y) | n/a |
| Holdings | 696 |
| Inception Date | n/a |
About FDYCX
First Eagle Short Duration High Yield Municipal Fund Class C is an open-end municipal bond fund focused on providing high current income that is exempt from regular federal income taxes. The strategy targets **short-duration** exposure to reduce interest-rate sensitivity while investing primarily in **high yield, non-investment grade municipal bonds**, seeking a balance between tax-advantaged income and credit-aware risk management. Managed by First Eagle’s municipal credit team, the portfolio emphasizes rigorous credit research, active surveillance, and selective positioning across sectors such as transportation, housing, healthcare, and education, reflecting the breadth of the municipal market’s revenue-backed issuers. The fund’s short duration profile is designed to mitigate volatility relative to longer-dated municipal strategies, aligning the vehicle with investors prioritizing tax-exempt income with moderated interest-rate risk. Class C shares feature a distribution-fee structure specific to this share class while providing access to the same underlying portfolio and process as other classes within the series. Launched alongside the platform’s expansion in high yield municipals, the fund contributes to First Eagle’s growing footprint in tax-exempt, credit-driven fixed income solutions.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FDYMX | Class I2 | 0.94% |
| FDYTX | Institutional Class | 0.99% |
| FDYRX | Investor Class | 1.34% |
| FDYAX | Class A | 1.49% |
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 | $0.03732 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03728 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03758 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03804 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03709 | Sep 30, 2025 |
| Aug 29, 2025 | $0.035 | Sep 2, 2025 |