FEBCX: First Eagle Global Income Builder C

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FEBCX First Eagle Global Income Builder C


Profile

FEBCX - Profile

Vitals

  • YTD Return -11.6%
  • 3 Yr Annualized Return -2.1%
  • 5 Yr Annualized Return -0.6%
  • Net Assets $1.25 B
  • Holdings in Top 10 24.1%

52 WEEK LOW AND HIGH

$10.95
$9.54
$12.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.94%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 25.54%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return -11.6%
  • 3 Yr Annualized Total Return -1.2%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Eagle Global Income Builder Fund
  • Fund Family Name
    First Eagle
  • Inception Date
    May 01, 2012
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward Meigs

Fund Description

The fund will normally invest its assets primarily in common stocks of U.S. and foreign companies that offer attractive dividend yields and a range of fixed income instruments, including high-yield, below investment grade instruments (commonly referred to as "junk bonds"), investment grade instruments and sovereign debt, from markets in the United States and multiple countries around the world. It may invest in securities with any maturity or investment rating, as well as unrated securities.


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Categories

Performance

FEBCX - Performance

Return Ranking - Trailing

Period FEBCX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.6% -35.2% 0.5% 51.82%
1 Yr -6.1% -30.1% 6.8% 51.00%
3 Yr -2.1%* -14.3% 0.9% 44.05%
5 Yr -0.6%* -10.0% 1.1% 16.67%
10 Yr N/A* -0.8% 3.8% N/A

* Annualized

Return Ranking - Calendar

Period FEBCX Return Category Return Low Category Return High Rank in Category (%)
2019 11.9% 0.0% 21.6% 31.63%
2018 -8.6% -21.7% -3.4% 29.07%
2017 10.1% -1.2% 12.0% 20.99%
2016 6.7% -1.8% 7.3% 9.88%
2015 -5.4% -16.1% -0.7% 36.11%

Total Return Ranking - Trailing

Period FEBCX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.6% -35.2% 0.5% 51.82%
1 Yr -6.1% -30.1% 7.2% 51.00%
3 Yr -1.2%* -12.4% 4.1% 50.00%
5 Yr 0.9%* -8.1% 3.9% 26.39%
10 Yr N/A* 1.1% 7.9% N/A

* Annualized

Total Return Ranking - Calendar

Period FEBCX Return Category Return Low Category Return High Rank in Category (%)
2019 12.0% 0.0% 21.6% 37.76%
2018 -7.4% -16.0% -0.6% 37.21%
2017 12.2% -1.2% 18.0% 25.93%
2016 9.3% -1.6% 14.4% 18.52%
2015 -2.5% -16.1% 3.2% 23.61%

NAV & Total Return History


Holdings

FEBCX - Holdings

Concentration Analysis

FEBCX Category Low Category High FEBCX % Rank
Net Assets 1.25 B 1.01 M 3.25 B 22.64%
Number of Holdings 216 6 1340 63.89%
Net Assets in Top 10 288 M -76.9 M 299 M 7.41%
Weighting of Top 10 24.14% 8.1% 200.7% 49.07%

Top 10 Holdings

  1. Gold Commodity In Ounces 7.88%
  2. Nestle SA 2.41%
  3. British American Tobacco PLC 2.14%
  4. Danone SA 1.97%
  5. Groupe Bruxelles Lambert SA 1.83%
  6. Jardine Matheson Holdings Ltd 1.76%
  7. Exxon Mobil Corp 1.72%
  8. United States Treasury Notes 2.62% 1.51%
  9. Philip Morris International Inc 1.49%
  10. Colgate-Palmolive Co 1.42%

Asset Allocation

Weighting Return Low Return High FEBCX % Rank
Stocks
56.80% 0.00% 99.99% 14.81%
Bonds
28.19% -120.56% 74.63% 61.11%
Other
8.32% 0.00% 23.86% 8.33%
Cash
5.90% -13.27% 184.19% 52.78%
Preferred Stocks
0.78% 0.00% 24.57% 50.93%
Convertible Bonds
0.00% 0.00% 15.03% 84.26%

Stock Sector Breakdown

Weighting Return Low Return High FEBCX % Rank
Consumer Defense
28.61% 0.00% 28.61% 2.13%
Financial Services
17.40% 0.00% 66.46% 20.21%
Industrials
16.62% 0.00% 18.65% 12.77%
Basic Materials
8.46% 0.00% 11.20% 10.64%
Consumer Cyclical
5.88% 0.00% 15.02% 56.38%
Technology
5.58% 0.00% 21.02% 62.77%
Real Estate
4.83% 0.00% 45.00% 52.13%
Healthcare
4.79% 0.00% 100.00% 62.77%
Energy
4.54% 0.00% 31.54% 48.94%
Communication Services
2.86% 0.00% 21.33% 71.28%
Utilities
0.43% 0.00% 44.57% 90.43%

Stock Geographic Breakdown

Weighting Return Low Return High FEBCX % Rank
Non US
39.88% 0.00% 53.78% 10.19%
US
16.92% -4.24% 99.99% 43.52%

Bond Sector Breakdown

Weighting Return Low Return High FEBCX % Rank
Corporate
57.04% 0.00% 97.78% 26.85%
Government
26.03% -132.75% 41.07% 25.93%
Cash & Equivalents
16.93% 0.36% 186.99% 62.04%
Derivative
0.00% -0.51% 27.12% 70.37%
Securitized
0.00% 0.00% 23.46% 71.30%
Municipal
0.00% 0.00% 4.79% 61.11%

Bond Geographic Breakdown

Weighting Return Low Return High FEBCX % Rank
US
24.93% -166.35% 64.16% 38.89%
Non US
3.26% 0.00% 45.79% 92.59%

Expenses

FEBCX - Expenses

Operational Fees

FEBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.94% 0.26% 11.95% 24.75%
Management Fee 0.75% 0.10% 1.90% 73.64%
12b-1 Fee 1.00% 0.00% 1.00% 83.58%
Administrative Fee N/A 0.02% 0.25% 16.73%

Sales Fees

FEBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 35.00%

Trading Fees

FEBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

FEBCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.54% 0.00% 282.00% 14.71%

Distributions

FEBCX - Distributions

Dividend Yield Analysis

FEBCX Category Low Category High FEBCX % Rank
Dividend Yield 0.00% 0.00% 2.69% 42.73%

Dividend Distribution Analysis

FEBCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FEBCX Category Low Category High FEBCX % Rank
Net Income Ratio 1.36% -0.99% 11.02% 75.73%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FEBCX - Fund Manager Analysis

Managers

Edward Meigs


Start Date

Tenure

Tenure Rank

May 01, 2012

8.0

8.0%

Edward Meigs joined First Eagle Investment Management, LLC as a Portfolio Manager in 2011. Previously, Mr. Meigs served as a Portfolio Manager at Dwight Asset Management, LLC.

Sean Slein


Start Date

Tenure

Tenure Rank

May 01, 2012

8.0

8.0%

Sean Slein joined First Eagle Investment Management, LLC as Portfolio Manager in 2011. Previously, Mr. Slein served as a Portfolio Manager at Dwight Asset Management, LLC.

Kimball Brooker


Start Date

Tenure

Tenure Rank

Jul 19, 2016

3.78

3.8%

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.

Julien Albertini


Start Date

Tenure

Tenure Rank

Mar 31, 2019

1.08

1.1%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 9.92 4.15 5.61