About FEBIX
First Eagle Global Income Builder Fund Class I is a globally diversified mutual fund that combines both equity and fixed income investments. Its primary objective is to generate current income while also seeking long-term capital growth. The fund adopts a bottom-up, fundamental analysis approach, selecting companies that exhibit strong balance sheets, sustainable earnings, and effective management, emphasizing investments trading at a discount to estimated intrinsic value. Typically, the fund allocates about 50–55% of its assets to global equities, 30–40% to bonds (corporate and sovereign), and maintains some exposure to cash and gold as a potential hedge against market extremes. The portfolio often features large, well-established companies across consumer defensive, energy, and cyclical sectors, complemented by strategic allocations to cash and gold. Notable for its benchmark-agnostic strategy, the fund is designed to provide a smoother ride through varying market conditions, with a focus on both preserving purchasing power and capturing upside in global markets. It targets institutional investors and operates within the global allocation category, making it significant for those seeking diversified, income-oriented exposure across developed markets.
Fund Family First Eagle
Category Flexible Portfolio
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FEBIX
Share Class Class I
Index 60% MSCI World Net/40% BC US Agg TR
FEBIX had a total return of 14.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.58%.
