First Eagle U.S. SMID Cap Opportunity I (FESMX)

Fund Assets	107.73M
Expense Ratio	0.978%
Min. Investment	$1,000,000
Turnover	66.26%
Dividend (ttm)	0.05
Dividend Yield	0.34%
Dividend Growth	-21.21%
Payout Frequency	Annual
Ex-Dividend Date	Dec 4, 2025

Previous Close	14.94
YTD Return	18.80%
1-Year Return	23.96%
5-Year Return	n/a
52-Week Low	11.78
52-Week High	16.87
Beta (5Y)	n/a
Holdings	74
Inception Date	n/a

About FESMX

First Eagle U.S. SMID Cap Opportunity Fund Class I is an equity mutual fund focused on investing in small- and mid-capitalization U.S. companies. It seeks long-term capital growth by targeting undervalued securities within the market capitalization range of the Russell 2500 Index. The fund employs a value-oriented investment approach, aiming to identify companies that have become disconnected from their normalized valuations and possess identifiable catalysts for growth. Its portfolio spans diverse sectors including industrials, healthcare, financial services, and energy. The fund typically allocates at least 80% of its assets to U.S. smid cap equities, incorporating instruments such as common stocks, warrants, rights, and preferred stocks. It maintains a moderate turnover rate and holds a relatively concentrated portfolio with significant exposure to its top holdings. Established in 2022, the fund plays a significant role in the marketplace by offering exposure to opportunistic small and mid-sized companies that may be overlooked by broader market indices, thus representing a strategic component for investors seeking value and growth in that segment of the equity market.

• Fund Family: First Eagle
• Category: Small Blend
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FESMX

Performance

FESMX had a total return of 23.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.88%.

Top 10 Holdings

23.19% of assets

Name	Symbol	Weight
Chesapeake Energy Corp.	CHK	2.94%
HF Sinclair Corporation	DINO	2.53%
Curtiss-Wright Corporation	CW	2.42%
Matador Resources Company	MTDR	2.39%
Cardinal Health, Inc.	CAH	2.32%
Casey's General Stores, Inc.	CASY	2.23%
SM Energy Company	SM	2.12%
Quest Diagnostics Incorporated	DGX	2.12%
The Cheesecake Factory Incorporated	CAKE	2.10%
Ameris Bancorp	ABCB	2.03%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 4, 2025	$0.052	Dec 5, 2025
Dec 5, 2024	$0.066	Dec 6, 2024
Dec 5, 2023	$0.037	Dec 6, 2023
Dec 1, 2022	$0.029	Dec 2, 2022

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 16, 2026

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