First Eagle High Yield Municipal Fund Class A (FEHAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.85
0.00 (0.00%)
Jul 25, 2025, 4:00 PM EDT
Fund Assets7.01B
Expense Ratio1.25%
Min. Investment$2,500
Turnover136.03%
Dividend (ttm)0.44
Dividend Yield5.46%
Dividend Growth0.37%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close7.85
YTD Return-7.96%
1-Year Return-5.57%
5-Year Return12.98%
52-Week Low7.82
52-Week High8.84
Beta (5Y)n/a
Holdings1733
Inception DateJan 3, 2012

About FEHAX

First Eagle High Yield Municipal Fund Class A is a mutual fund designed to generate high current income that is largely exempt from regular federal income taxes, with capital appreciation as a secondary objective. The fund primarily invests in municipal bonds with lower credit ratings, often categorized as high-yield or "junk" bonds, which typically offer higher yields in exchange for higher risk. Over 80% of its assets are positioned in municipal securities that pay interest exempt from federal personal income tax, with a significant allocation to bonds not rated by major agencies. Its portfolio is diversified across regions, with notable exposure to states such as Florida, Wisconsin, California, New York, and Texas. The fund’s sector allocation covers areas including public transportation, charter schools, hospitals, airports, community development, and housing, addressing crucial infrastructure and community projects. Monthly distributions are a key feature, and the fund’s structure targets investors seeking steady, tax-advantaged income while tolerating the greater volatility associated with the high-yield municipal bond market. With a relatively high expense ratio and effective leverage, it plays a unique role in providing access to higher-yielding municipal securities within the broader muni bond landscape.

Fund Family First Eagle
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol FEHAX
Share Class Class A
Index Bloomberg U.S. Corporate High Yield TR

Performance

FEHAX had a total return of -5.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.28%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
VWEHXVanguardVanguard High-Yield Corporate Fund Investor Shares0.22%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FEHRXClass R61.00%
FEHIXClass I1.00%
FEHCXClass C2.00%

Top 10 Holdings

19.53% of assets
NameSymbolWeight
FLORIDA DEV FIN CORP REV 8.25%FL.FLSDEV 07.01.20574.05%
FLORIDA DEV FIN CORP REV 12%FL.FLSDEV 07.15.20322.64%
NEVADA ST DEPT BUSINESS & IND REV 9.5%NV.NBIDEV 01.01.20652.58%
FLORIDA DEV FIN CORP REV 5.5%FL.FLSDEV 5.5 07.01.20532.41%
ATLANTA GA DEV AUTH REV 0%GA.ATLDEV 0 12.15.20481.61%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5%CA.CASDEV 01.01.20651.53%
PUBLIC FIN AUTH WIS REV 5.75%WI.PUBGEN 5.75 07.01.20541.35%
NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5.5%TX.NHPFAC 5.5 01.01.20571.26%
FLORIDA DEV FIN CORP REV 10%FL.FLSDEV 07.15.20591.21%
HOPKINSVILLE KY EXEMPT FACS REV 6%KY.HPKGEN 12.01.20540.91%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.03688Jun 30, 2025
May 30, 2025$0.0368May 30, 2025
Apr 30, 2025$0.03581Apr 30, 2025
Mar 31, 2025$0.03574Mar 31, 2025
Feb 28, 2025$0.03574Feb 28, 2025
Jan 31, 2025$0.03572Jan 31, 2025
Full Dividend History