In August 2020, First Eagle Fund of America will shift to inexperienced managers and a promising but unproven approach. The changes warrant a Morningstar Analyst Rating of Neutral across its share classes.
First Eagle Fund of America A FEFAX
NAV / 1-Day Return
25.35
/
0.78
%
Total Assets
548.9 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.910%
Expense Ratio
0.910%
Fee Level
Low
Longest Manager Tenure
0.55
years
Category
Mid-Cap Blend
Investment Style
Large BlendMin. Initial Investment
2,500
Status
Open
TTM Yield
< 0.01%
Turnover
98%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FEFAX 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 FEFAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FEFAX 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 FEFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A new direction for this fund and its advisor.
