About FEAIX
First Eagle Rising Dividend Fund Institutional Class is a mutual fund designed to seek both capital appreciation and current income, making it suitable for investors seeking a blend of growth potential and income generation. The fund primarily invests in U.S. equities with a focus on companies that have robust track records or the potential for rising dividend payments, implementing a value-oriented approach to stock selection. It may also, to a lesser extent, invest in debt securities and select foreign equities to diversify its portfolio and enhance income opportunities.
This fund is classified in the large value category, typically comprising established companies with strong financial fundamentals across sectors such as technology, communication services, consumer defensives, and healthcare. Notable portfolio holdings often include industry leaders like Alphabet, Meta Platforms, Texas Instruments, and The Home Depot, with a significant percentage of assets concentrated in its top ten holdings. Managed by a team at First Eagle Investments, the fund emphasizes prudent stewardship, downside risk mitigation, and a benchmark-agnostic investment process. Its institutional share class is tailored for larger investors, offering lower expense ratios and cost advantages over many peers.
Fund Family First Eagle
Category Large Value
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol FEAIX
Share Class Class I
Index S&P 500 TR
FEAIX had a total return of 20.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.40%.
