First Eagle High Yield Municipal Fund Class C (FEHCX)

Fund Assets	6.60B
Expense Ratio	2.41%
Min. Investment	$2,500
Turnover	82.00%
Dividend (ttm)	0.42
Dividend Yield	5.72%
Dividend Growth	10.76%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	7.33
YTD Return	-5.26%
1-Year Return	-4.98%
5-Year Return	0.80%
52-Week Low	7.22
52-Week High	8.21
Beta (5Y)	0.34
Holdings	1814
Inception Date	Jan 3, 2012

About FEHCX

First Eagle High Yield Municipal Fund Class C is an actively managed mutual fund focused on the U.S. municipal bond market. The fund aims to generate high current income that is exempt from regular federal income taxes, making it particularly relevant for investors seeking tax-advantaged cash flows. Established in 2012, it primarily invests in a diverse portfolio of municipal bonds, with a mandate to allocate at least 80% of its net assets to these securities—especially targeting issues rated below investment grade to pursue higher yields. The fund's secondary objective is capital appreciation, though its core purpose is income generation. It serves as part of the high yield municipal bond segment, thus catering to investors who tolerate greater credit risk in exchange for elevated potential returns compared to traditional municipal funds. The fund’s portfolio typically spans a variety of U.S. local and state issuers, providing diversification across regions and economic sectors. Income distributions are intended to be stable and are paid monthly. By focusing on high yield, non-investment grade munis, this fund occupies a distinct role in the municipal bond market, bridging the gap between income-oriented investments and those that accept higher volatility for potentially larger payouts.

• Fund Family: First Eagle
• Category: High Yield
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FEHCX
• Share Class: Class C
• Index: Bloomberg U.S. Corporate High Yield TR

Performance

FEHCX had a total return of -4.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.47%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VWEHX	Vanguard	Vanguard High-Yield Corporate Fund Investor Shares	0.22%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FEHRX	Class R6	1.28%
FEHIX	Class I	1.36%
FEHAX	Class A	1.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0351	Sep 30, 2026
Aug 31, 2026	$0.03505	Aug 31, 2026
Jul 31, 2026	$0.03487	Jul 31, 2026
Jun 30, 2026	$0.03497	Jun 30, 2026
May 29, 2026	$0.03506	May 29, 2026
Apr 30, 2026	$0.03512	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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