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Morningstar

First Eagle Global Income Builder I FEBIX

Morningstar Medalist Rating
Medalist Rating as of | See First Eagle Investment Hub
  • NAV / 1-Day Return 12.63  /  +0.17 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.970%
  • Expense Ratio 0.970%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.54%
  • Turnover 20%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FEBIX

Will FEBIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FEBIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FEBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Senior Analyst Greg Carlson

Greg Carlson

Senior Analyst

Summary

The upcoming departure of a high-yield team may result in less credit risk at First Eagle Global Income Builder, but the remaining fixed-income resources are unproven.

by Greg Carlson
Rated on Published on

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Portfolio Holdings FEBIX

More FEBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

7.23 125.8 Mil
—

Eligible Gold Bullion 100 T.O.

6.68 116.2 Mil
—

Exxon Mobil Corp

2.75 47.9 Mil
Energy

Unilever PLC

2.52 43.8 Mil
Consumer Defensive

British American Tobacco PLC

2.23 38.8 Mil
Consumer Defensive

Nestle SA

2.08 36.2 Mil
Consumer Defensive

Colgate-Palmolive Co

1.86 32.4 Mil
Consumer Defensive

Philip Morris International Inc

1.76 30.7 Mil
Consumer Defensive

KT&G Corp

1.74 30.2 Mil
Consumer Defensive

Jardine Matheson Holdings Ltd

1.61 28.1 Mil
Industrials