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SGGDX First Eagle Gold A

  • Fund
  • SGGDX
  • Price as of: Dec 05, 2016
  • $15.86
  • - $0.08
  • - 0.50%
  • Category
  • Precious Metals

SGGDX - Profile

Vitals

  • YTD Return 38.8%
  • 3 Yr Annualized Return 1.8%
  • 5 Yr Annualized Return -11.1%
  • Net Assets $1.28 B
  • Holdings in Top 10 61.9%

52 WEEK LOW AND HIGH

$15.86
$10.63
$21.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.33%

SALES FEES

  • Front Load 5.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 12.47%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Precious Metals
  • Fund Type Open End Mutual Fund
  • Investment Style Equity Precious Metals

Distributions

  • YTD Total Return 38.8%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return -12.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.57%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name First Eagle Gold Fund
  • Fund Family Name First Eagle
  • Inception Date Aug 31, 1993
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Matthew B. McLennan

Fund Description

To achieve its objective of providing investors the opportunity to participate in the investment characteristics of gold, the fund invests at least 80% of its total assets in gold and/or securities directly related to gold or issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long-, medium- or short-life mines. The fund is non-diversified.

SGGDX - Performance

Return Ranking - Trailing

Period SGGDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 38.8% 0.0% 86.0% 93.55% 5
1 Yr 45.6% -34.6% 68.9% 93.55% 5
3 Yr 1.8% * -29.5% 9.7% 37.70% 2
5 Yr -11.1% * -23.7% -13.3% 16.95% 1
10 Yr 1.5% * -14.4% -1.7% 6.78% 1

* Annualized


Return Ranking - Calendar

Period SGGDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -19.3% -31.7% 0.0% 20.97% 1
2014 -2.4% -28.3% 0.0% 11.48% 1
2013 -47.0% -51.9% 0.0% 22.41% 2
2012 -5.4% -100.0% 0.0% 3.45% 1
2011 -14.8% -41.2% 2984.0% 5.26% 1

Total Return Ranking - Trailing

Period SGGDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 38.8% 0.0% 86.0% 93.55% 5
1 Yr 38.3% -37.2% 86.5% 96.77% 5
3 Yr 0.1% * -30.2% 9.7% 63.93% 4
5 Yr -12.0% * -24.0% -11.7% 22.03% 2
10 Yr 0.9% * -12.3% 2.0% 13.56% 1

* Annualized


Total Return Ranking - Calendar

Period SGGDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -19.3% -31.4% 0.0% 24.19% 2
2014 -2.4% -28.3% 0.0% 11.48% 1
2013 -47.0% -53.0% 0.0% 17.24% 1
2012 -5.2% -100.0% 0.0% 15.52% 1
2011 -11.4% -36.1% 0.0% 5.36% 1

NAV & Total Return History

SGGDX - Holdings

Filings data as of: Aug 31, 2016

Concentration Analysis

SGGDX Category Low Category High SGGDX % Rank Quintile
Net Assets 1.28 B 21.2 M 2.54 B 8.06% 1
Number of Holdings 38 36 151 30.65% 5
Net Assets in Top 10 823 M 14.8 M 1.18 B 6.45% 1
Weighting of Top 10 61.9% 34.6% 61.9% 1.61% 1

Top 10 Holdings

  1. Gold Commodity In Ounces 18.46%
  2. Goldcorp Inc 4.26%
  3. Randgold Resources Ltd ADR 4.11%
  4. Silver Commodity 4.33%
  5. Newcrest Mining Ltd 5.88%
  6. Fresnillo PLC 6.47%
  7. Franco-Nevada Corp 5.35%
  8. Tahoe Resources Inc 4.10%
  9. Royal Gold Inc 4.29%
  10. Newmont Mining Corp 4.67%

Asset Allocation

Weighting Category Low Category High SGGDX % Rank Quintile
Stocks
70.81% 0.00% 99.68% 33.87% 5
Other
22.78% 0.00% 28.90% 3.23% 1
Cash
5.13% -7.14% 27.28% 4.84% 1
Convertible Bonds
1.28% 0.00% 4.87% 6.45% 1
Preferred Stocks
0.00% 0.00% 0.09% 3.23% 1
Bonds
0.00% 0.00% 55.63% 9.68% 2

Stock Sector Breakdown

Weighting Category Low Category High SGGDX % Rank Quintile
Basic Materials
67.41% 0.00% 98.42% 32.26% 5
Financial Services
0.00% 0.00% 0.00% 1.61% 1
Real Estate
0.00% 0.00% 0.00% 1.61% 1
Industrials
0.00% 0.00% 1.73% 3.23% 1
Healthcare
0.00% 0.00% 0.00% 1.61% 1
Technology
0.00% 0.00% 0.00% 1.61% 1
Energy
0.00% 0.00% 0.49% 6.45% 2
Communication Services
0.00% 0.00% 0.00% 1.61% 1
Consumer Defense
0.00% 0.00% 0.85% 4.84% 1
Consumer Cyclical
0.00% 0.00% 1.51% 3.23% 1
Utilities
0.00% 0.00% 0.00% 1.61% 1

Stock Geographic Breakdown

Weighting Category Low Category High SGGDX % Rank Quintile
Non US
58.45% 0.00% 91.79% 33.87% 5
US
12.36% 0.00% 16.38% 8.06% 1

SGGDX - Expenses

Operational Fees

SGGDX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.33% 0.35% 20.51% 51.61% 2
Management Fee 0.75% 0.32% 1.00% 11.29% 3
12b-1 Fee 0.25% 0.00% 1.00% 13.04% 2
Administrative Fee 0.05% 0.05% 1.00% 26.47% 1

Sales Fees

SGGDX Fees (% of AUM) Category Low Category High SGGDX Rank Quintile
Front Load 5.00% 3.50% 5.75% 21.43% 2
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

SGGDX Fees (% of AUM) Category Low Category High SGGDX Rank Quintile
Max Redemption Fee 2.00% 0.05% 2.00% 3.33% 3

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SGGDX Fees (% of AUM) Category Low Category High SGGDX Rank Quintile
Turnover 12.47% 8.00% 797.00% 20.97% 1

SGGDX - Distributions

Dividend Yield Analysis

SGGDX Category Low Category High SGGDX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.19% 66.67% 5

Dividend Distribution Analysis

SGGDX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

SGGDX Category Low Category High SGGDX % Rank Quintile
Net Income Ratio -0.57% -2.18% 2.22% 38.71% 3

Capital Gain Distribution Analysis

SGGDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

SGGDX - Managers

Matthew B. McLennan

Manager

Start Date

Mar 01, 2013

Tenure

3.67

Tenure Rank

20.8%

Matt is head of the Global Value team and a portfolio manager of the Global Value, International Value and Gold strategies with Abhay Deshpande and Kimball Brooker. Matt joined First Eagle Investment Management, LLC in September 2008. Most recently, Matt worked for Goldman Sachs Asset Management (GSAM) in London where he served as co-portfolio manager of Global Equity Partners, a group he founded in 2003 that ran a focused global equity portfolio for offshore private wealth clients. The portfolio used a value-driven approach with an absolute return focus that emphasized low turnover and resilience in distressed environments.Matt started his career with Queensland Investment Corporation (Australia) in 1991, where he eventually managed over one billion dollars in international equity portfolios. In 1994, he joined Goldman Sachs in Sydney before moving to New York to GSAM’s U.S. Value team as a small cap research analyst. In 1997, he was appointed portfolio manager, and at the end of 1998, senior portfolio manager and co-portfolio manager, of the U.S. Small Cap Value and U.S. Mid Cap Value strategies. In 2001, Matt co-founded and was named Equity Chief Investment Officer of the Investment Strategy Group for Goldman’s private wealth management business and in 2002 was named a managing director of the firm. Born in Rabaul, Papua New Guinea, Matt grew up in Queensland, Australia and received his Bachelor of Commerce with first-class honors from the University of Queensland. He is a member of the Executive Committee of the Leadership Council of the Harvard School of Public Health, he serves as a member of the Board of Directors for the Foundation of the University of Queensland in America and on the Global Advisory Board of Advance, the leading network of expatriate Australian professionals. He also serves on the Trinity School Board of Trustees where he is as a member of the Investment and Education Committees. Matt holds the Chartered Financial Analyst (CFA) designation.


Thomas Kertsos

Manager

Start Date

Mar 01, 2016

Tenure

0.67

Tenure Rank

26.0%

Thomas Kertsos joined First Eagle Investment Management, LLC in May 2014 and is also a member of the First Eagle Global Value analyst team. Prior to that, Mr. Kertsos worked as an analyst at Fidelity Management & Research.


Tenure Analysis

Category Low

0.5

Category High

28.8

Category Average

9.18

Category Mode

4.8