Ample resources cushion the loss of a veteran manager. The departure of First Eagle Global Income Builder’s longest-tenured portfolio manager is a significant loss. However, the current manager roster and a deep supporting team should keep the fund on an even keel.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable First Eagle Amundi Income Builder Fund Class AS-C Shares’s performance objective and investment process is for both security selection and portfolio construction.