First Eagle Global Real Assets Fund Class A (FERAX)
| Fund Assets | 14.60M |
| Expense Ratio | 1.10% |
| Min. Investment | $2,500 |
| Turnover | 40.98% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 2.90% |
| Dividend Growth | 110.98% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 11.88 |
| YTD Return | 13.70% |
| 1-Year Return | 12.69% |
| 5-Year Return | n/a |
| 52-Week Low | 9.80 |
| 52-Week High | 11.95 |
| Beta (5Y) | n/a |
| Holdings | 68 |
| Inception Date | Dec 1, 2021 |
About FERAX
First Eagle Global Real Assets Fund Class A is a mutual fund focused on delivering long-term capital growth by investing primarily in real assets. The fund allocates at least 80% of its net assets to a broad mix of securities tied to real asset industries, including physical assets like gold, precious metals, commodities, and inflation-linked bonds, as well as equity securities of companies involved in energy, basic materials, and real estate sectors. This diversified approach is designed to provide investors with exposure to assets that can act as stores of value, particularly during periods of inflation or market volatility. The fund employs a fundamental, bottom-up investment strategy, emphasizing patience and thorough analysis to identify opportunities across global markets. Holdings often include major players in energy, materials, and infrastructure, alongside direct allocations to physical assets such as gold bullion. First Eagle Global Real Assets Fund Class A plays a role in diversified portfolios seeking a blend of growth and inflation protection through exposure to tangible and value-based global assets.
Performance
FERAX had a total return of 12.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.91%.
Top 10 Holdings
27.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Wheaton Precious Metals Corp. | WPM | 3.65% |
| Enterprise Products Partners L.P. | EPD | 2.95% |
| HCA Healthcare, Inc. | HCA | 2.85% |
| Shell plc | SHEL | 2.77% |
| ONEOK, Inc. | OKE | 2.76% |
| CRH plc | CRH | 2.73% |
| Nutrien Ltd. | NTR | 2.55% |
| Extra Space Storage Inc. | EXR | 2.45% |
| Fuchs SE | FPE3 | 2.44% |
| Grupo Mexico SAB de CV, Series B | GMEXICOB.MX | 2.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $0.365 | Dec 6, 2024 |
| Dec 5, 2023 | $0.173 | Dec 6, 2023 |
| Dec 1, 2022 | $0.098 | Dec 2, 2022 |