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Trending ETFs

Name

As of 01/02/2019

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$28.31

$253 M

1.85%

$0.52

1.43%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$253 M

Holdings in Top 10

31.6%

52 WEEK LOW AND HIGH

$28.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.43%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 11.31%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 01/02/2019

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$28.31

$253 M

1.85%

$0.52

1.43%

FEOVX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.76%
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    First Eagle Overseas Variable Port
  • Fund Family Name
    First Eagle
  • Inception Date
    Feb 03, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew McLennan

Fund Description

To achieve its objective, under normal circumstances the Fund will invest primarily in equities, including common and preferred stocks, warrants or other similar rights to purchase a company’s securities, and convertible securities, issued by non-U.S. companies. The Fund may invest in securities traded in mature markets (for example, Canada, Japan, Germany and France) and in countries whose economies are still developing (sometimes called “emerging markets”). The Fund particularly seeks companies that have financial strength and stability, strong management and fundamental value (“fundamental value” is a term commonly used by value investors to refer to their estimate of the value an educated buyer would place on a company as a whole). Normally, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in foreign securities (including American Depositary Receipts, Global Depositary Receipts and European Depositary Receipts) and “counts” relevant derivative positions towards this “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). The Fund may invest up to 20% of its total assets in debt instruments (e.g., notes and bonds). Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in debt instruments (without regard to credit rating or time to maturity), including short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals.

Although the Fund shares a similar name and investment objective to First Eagle Overseas Fund (a portfolio of the First Eagle Funds family), the two do not apply identical investment strategies.

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FEOVX - Performance

Return Ranking - Trailing

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.4% 18.2% 20.03%
1 Yr N/A -28.8% 18.4% 7.93%
3 Yr N/A* -16.0% 23.1% 79.55%
5 Yr N/A* -9.4% 61.1% 73.15%
10 Yr N/A* -6.4% 9.4% 90.91%

* Annualized

Return Ranking - Calendar

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -43.6% 71.3% 98.86%
2022 N/A -15.4% 9.4% 0.30%
2021 N/A -10.4% 121.9% 0.47%
2020 N/A -0.5% 8.5% 0.16%
2019 N/A -13.0% 0.0% 0.18%

Total Return Ranking - Trailing

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -16.4% 18.2% 20.03%
1 Yr N/A -28.8% 18.4% 7.18%
3 Yr N/A* -16.0% 23.1% 74.47%
5 Yr N/A* -9.4% 61.1% 74.75%
10 Yr N/A* -3.0% 10.2% 93.91%

* Annualized

Total Return Ranking - Calendar

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -43.6% 71.3% 98.86%
2022 N/A -15.4% 9.4% 0.30%
2021 N/A -10.4% 121.9% 0.47%
2020 N/A -0.5% 8.5% 0.16%
2019 N/A -13.0% 0.0% 0.18%

NAV & Total Return History


FEOVX - Holdings

Concentration Analysis

FEOVX Category Low Category High FEOVX % Rank
Net Assets 253 M 1.02 M 369 B 69.10%
Number of Holdings 164 1 10801 44.27%
Net Assets in Top 10 88.9 M 0 34.5 B 65.21%
Weighting of Top 10 31.58% 1.9% 101.9% 27.25%

Top 10 Holdings

  1. Gold Commodity In Ounces 13.01%
  2. Gold Commodity In Ounces 13.01%
  3. Gold Commodity In Ounces 13.01%
  4. Gold Commodity In Ounces 13.01%
  5. Gold Commodity In Ounces 13.01%
  6. Gold Commodity In Ounces 13.01%
  7. Gold Commodity In Ounces 13.01%
  8. Gold Commodity In Ounces 13.01%
  9. Gold Commodity In Ounces 13.01%
  10. Gold Commodity In Ounces 13.01%

Asset Allocation

Weighting Return Low Return High FEOVX % Rank
Stocks
80.14% 0.00% 122.60% 98.73%
Other
11.08% -16.47% 17.36% 1.41%
Cash
6.24% -65.15% 100.00% 7.92%
Bonds
2.55% -10.79% 71.30% 2.40%
Preferred Stocks
0.00% 0.00% 1.87% 71.00%
Convertible Bonds
0.00% 0.00% 4.18% 66.20%

Stock Sector Breakdown

Weighting Return Low Return High FEOVX % Rank
Consumer Defense
23.62% 0.00% 32.29% 0.87%
Financial Services
17.90% 0.00% 47.75% 47.33%
Industrials
14.40% 5.17% 99.49% 56.42%
Basic Materials
10.70% 0.00% 23.86% 11.83%
Consumer Cyclical
9.37% 0.00% 36.36% 70.13%
Energy
6.40% 0.00% 16.89% 17.32%
Healthcare
6.17% 0.00% 21.01% 94.52%
Real Estate
5.43% 0.00% 14.59% 5.05%
Technology
4.67% 0.00% 36.32% 95.38%
Communication Services
1.35% 0.00% 21.69% 98.12%
Utilities
0.00% 0.00% 13.68% 94.95%

Stock Geographic Breakdown

Weighting Return Low Return High FEOVX % Rank
Non US
77.14% 0.00% 125.24% 95.33%
US
3.00% -7.78% 68.98% 34.51%

FEOVX - Expenses

Operational Fees

FEOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.43% 0.02% 26.51% 22.17%
Management Fee 0.75% 0.00% 1.60% 69.45%
12b-1 Fee 0.25% 0.00% 1.00% 47.65%
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

FEOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FEOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

FEOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.31% 2.00% 247.00% 15.63%

FEOVX - Distributions

Dividend Yield Analysis

FEOVX Category Low Category High FEOVX % Rank
Dividend Yield 1.85% 0.00% 13.15% 84.27%

Dividend Distribution Analysis

FEOVX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

FEOVX Category Low Category High FEOVX % Rank
Net Income Ratio 0.76% -0.93% 6.38% 82.51%

Capital Gain Distribution Analysis

FEOVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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FEOVX - Fund Manager Analysis

Managers

Matthew McLennan


Start Date

Tenure

Tenure Rank

Sep 12, 2008

13.72

13.7%

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.

Kimball Brooker


Start Date

Tenure

Tenure Rank

Apr 30, 2011

11.09

11.1%

Kimball is Deputy Head of the Global Value team and a portfolio manager for the First Eagle Global Value and International Value strategies with Matt McLennan and Abhay Deshpande. He joined First Eagle’s Global Value team in 2009 as a senior research analyst covering banks, commercial services, financial services and holding companies. Kimball began his career in 1992 as a financial analyst at Lazard Frères & Co. From there, he joined J.P. Morgan as an associate in the Investment Banking Department’s billion-dollar Corsair private equity funds. In 1998, Kimball returned to J.P. Morgan after finishing his M.B.A. He was named Chief Investment Officer of the Corsair Funds and managing director in 2005. In 2006, Corsair successfully completed a spin-off from J.P. Morgan with nearly $3 billion under management. Kimball received his B.A. from Yale University and his MBA from Harvard University.

Christian Heck


Start Date

Tenure

Tenure Rank

May 01, 2021

1.08

1.1%

Alan Barr


Start Date

Tenure

Tenure Rank

May 01, 2021

1.08

1.1%

Alan is portfolio manager for the Overseas ADR strategy. He also serves as associate portfolio manager of the First Eagle International Value strategy and senior research analyst covering non-food consumer products, and forest products & paper. Before joining the Global Value team in March 2001, Alan spent seven years at Rittenhouse Financial Services and four years at PNC Bank as an equity research analyst. He holds a BA in communications with a minor in economics from Temple University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.18 3.25