Morningstar

First Eagle Global Income Builder A FEBAX

Morningstar Medalist Rating
Medalist Rating as of | See First Eagle Investment Hub
  • NAV / 1-Day Return 14.06  /  +0.58 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    1.180%
  • Expense Ratio 1.180%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.33%
  • Turnover 20%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis FEBAX

Will FEBAX 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 FEBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FEBAX 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 FEBAX’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 FEBAX

More FEBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

11.22 198.7 Mil
—

Eligible Gold Bullion 100 T.O.

7.39 130.9 Mil
—

Unilever PLC

3.20 56.8 Mil
Consumer Defensive

Exxon Mobil Corp

2.65 47.0 Mil
Energy

Philip Morris International Inc

2.55 45.2 Mil
Consumer Defensive

British American Tobacco PLC

2.53 44.7 Mil
Consumer Defensive

Nestle SA

2.18 38.6 Mil
Consumer Defensive

KT&G Corp

1.92 34.0 Mil
Consumer Defensive

HCA Healthcare Inc

1.68 29.7 Mil
Healthcare

Jardine Matheson Holdings Ltd

1.59 28.2 Mil
Industrials

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