First Eagle High Yield Municipal Completion Fund (FHCMX)
| Fund Assets | n/a |
| Expense Ratio | 0.35% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.20% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.39 |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.99 |
| 52-Week High | 10.46 |
| Beta (5Y) | n/a |
| Holdings | 80 |
| Inception Date | n/a |
About FHCMX
First Eagle High Yield Municipal Completion Fund is a mutual fund specializing in high-yield municipal bonds. Its primary purpose is to provide investors with attractive current income that is typically exempt from federal income tax by investing predominantly in non-investment grade municipal securities. The fund focuses on bonds issued by states, local governments, and public development authorities, financing vital infrastructure and community projects such as transportation, senior living, and public utilities. Notable holdings include revenue bonds from entities like the Florida Development Finance Corporation, California Infrastructure & Economic Development Bank, and New York Transportation Development Corporation. By targeting higher-yielding, below-investment-grade municipal bonds, the fund aims to deliver greater income potential while actively managing credit risk and interest rate sensitivity; its effective duration is around 8.5 years, which reflects interest rate exposure. The fund is managed by a team with expertise in municipal credit, and maintains a cost advantage over competitors, being positioned in the second-cheapest fee quintile for its category. Serving institutions and retail investors seeking tax-advantaged yield, First Eagle High Yield Municipal Completion Fund plays an important role in the broader municipal bond market by channeling capital to public projects that may not qualify for traditional, investment-grade financing.
Top 10 Holdings
35.29% of assets| Name | Symbol | Weight |
|---|---|---|
| New York Counties Tobacco Trust IV, Series 2005 A | NY.NYSGEN 5 06.01.2045 | 4.46% |
| City of Celina TX - City of Celina, Series 2025 | n/a | 3.96% |
| Berks County Municipal Authority (The), Series 2024 B-1 | PA.BERFAC 0 06.30.2044 | 3.86% |
| Rhode Island Health and Educational Building Corp., Series 2025 B | RI.RISMED 5.62 07.01.2065 | 3.82% |
| City of Galesburg IL - City of Galesburg, Series 2021 A | n/a | 3.33% |
| San Francisco City & County Airport Comm-San Francisco International Airport | CA.SFOAPT 5.5 05.01.2055 | 3.32% |
| Chicago Board of Education, Series 2017 A | IL.CHIEDU 7 12.01.2046 | 3.20% |
| Arkansas Development Finance Authority, Series 2026 A | n/a | 3.13% |
| Public Finance Authority, Series 2024 A | n/a | 3.12% |
| Oregon State Facilities Authority, Series 2025 A-2 | n/a | 3.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.05088 | Jun 30, 2026 |
| May 29, 2026 | $0.05266 | May 29, 2026 |
| Apr 30, 2026 | $0.04916 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04856 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04831 | Feb 27, 2026 |
| Jan 30, 2026 | $0.05048 | Jan 30, 2026 |