The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile. The strategy changed its peer group last February, moving from the High Yield Bond category to the High Yield Muni Morningstar Category.
First Eagle High Yield Municipal A FEHAX
- NAV / 1-Day Return 8.27 / +0.53 %
- Total Assets 839.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.250%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 5.03%
- Effective Duration —
USD | NAV as of Apr 29, 2024 | 1-Day Return as of Apr 29, 2024, 10:15 PM GMT+0
Morningstar’s Analysis FEHAX
Will FEHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375% | 2.99 | 22.6 Mil | municipal |
FLORIDA DEV FIN CORP REV 8.25% | 2.64 | 20.0 Mil | municipal |
OLNEY TEX HAMILTON HOSP DIST 6.25% | 2.39 | 18.1 Mil | municipal |
NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5.5% | 2.20 | 16.7 Mil | municipal |
PUBLIC FIN AUTH WIS TAX INCREMENT REV 8% | 1.93 | 14.6 Mil | municipal |
METROPOLITAN TRANSN AUTH N Y REV 4.45% | 1.74 | 13.1 Mil | municipal |
ARKANSAS ST DEV FIN AUTH INDL DEV REV 12% | 1.68 | 12.7 Mil | municipal |
SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV 6% | 1.61 | 12.2 Mil | municipal |
LUCAS CNTY OHIO HOSP REV 5.25% | 1.58 | 12.0 Mil | municipal |
GAINESVILLE FLA UTILS SYS REV 4.5% | 1.47 | 11.2 Mil | municipal |