Morningstar

First Eagle Short Dur Hi Yld Muncpl I FDUIX

Morningstar Medalist Rating
Medalist Rating as of | See First Eagle Investment Hub
  • NAV / 1-Day Return 10.34  /  0.00
  • Total Assets 101.9 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.720%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield —
  • Effective Duration 3.14 years

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

Morningstar’s Analysis FDUIX

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

  • People Pillar

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

A sound investment process and strong management team underpin First Eagle Short Dur Hi Yld Muncpl I's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FDUIX

More FDUIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FLORIDA DEV FIN CORP REV 12%

5.86 1.6 Mil
municipal

PRINCE GEORGES CNTY MD SPL OBLIG 5%

4.52 1.2 Mil
municipal

ILLINOIS FIN AUTH REV 5%

3.52 937,899
municipal

PUBLIC FIN AUTH WIS MULTIFAMILY AFFORDABLE HSG CTFS 6.81%

3.40 905,852
municipal

NEW YORK N Y CITY INDL DEV AGY REV 3.8%

3.19 850,000
municipal

INDIANA ST FIN AUTH REV 5.25%

2.99 796,676
municipal

OKLAHOMA CNTY OKLA FIN AUTH CHARTER SCH LEASE REV 5.25%

2.90 771,406
municipal

FREDERICK CNTY MD EDL FACS REV 5%

2.78 741,276
municipal

NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5%

2.73 726,982
municipal

TULSA OKLA MUN ARPT TR REV 5.5%

2.63 700,500
municipal

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