Morningstar

First Eagle Global Balanced Fund Class R6 FEBRX

Morningstar Medalist Rating
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Medalist Rating as of See First Eagle Investment Hub
  • NAV / 1-Day Return $16.78  /  +0.42 %
  • Fund Size $2.6B
  • Adjusted Expense Ratio 0.840%
  • Net Expense Ratio 0.830%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Large
  • Morningstar Category Global Moderate Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 2.63%
  • Turnover Ratio 12%
NAV and 1-Day Return as of

Morningstar’s Analysis FEBRX

Will FEBRX outperform in the 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 FEBRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FEBRX 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 FEBRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Ample resources cushion the loss of a veteran manager.

Senior Analyst Greg Carlson

Greg Carlson

Senior Analyst

Summary

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.

by Greg Carlson
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Portfolio Holdings FEBRX

More FEBRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Eligible Gold Bullion 100 T.O.

7.23 193M
—

Becton Dickinson & Co

2.29 61M
Healthcare

British American Tobacco PLC

2.02 54M
Consumer Defensive

Samsung Electronics Co Ltd Pfd Registered Shs Non-Voting

1.89 50M
Technology

Jardine Matheson Holdings Ltd

1.86 50M
Industrials

Unilever PLC

1.83 49M
Consumer Defensive

Nestle SA

1.67 45M
Consumer Defensive

Wheaton Precious Metals Corp

1.46 39M
Basic Materials

United States Treasury Notes 3.5%

1.43 38M
Government

Hongkong Land Holdings Ltd

1.33 36M
Real Estate

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