First Eagle Global Real Assets Fund Class I (FEREX)
| Fund Assets | 14.60M |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | 40.98% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.19% |
| Dividend Growth | 75.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 11.86 |
| YTD Return | 13.71% |
| 1-Year Return | 10.40% |
| 5-Year Return | n/a |
| 52-Week Low | 9.74 |
| 52-Week High | 11.87 |
| Beta (5Y) | n/a |
| Holdings | 68 |
| Inception Date | n/a |
About FEREX
First Eagle Global Real Assets Fund Class I is a mutual fund that targets long-term capital growth by investing primarily in real assets and companies tied to the "real economy." The fund allocates at least 80% of its net assets to sectors such as basic materials, energy, real estate, and infrastructure, and also includes stores of value like gold and inflation-linked securities in its portfolio. Through this diversified approach, the fund seeks to provide exposure to assets that typically respond to changes in inflation and economic cycles, making it relevant for investors aiming to hedge against inflation risk or seeking assets less correlated to traditional equities and bonds. The fund features top holdings across industries such as energy infrastructure, precious metals, healthcare, and materials, reflecting its multi-sector strategy. As an institutional share class, it maintains a competitive expense ratio and emphasizes cost-conscious management. Managed by First Eagle Investment Management, the fund plays a distinct role in the market by offering access to global real assets through a professionally managed portfolio.
Performance
FEREX had a total return of 10.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.13%.
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 | $0.378 | Dec 6, 2024 |
| Dec 5, 2023 | $0.215 | Dec 6, 2023 |
| Dec 1, 2022 | $0.197 | Dec 2, 2022 |