FEOVX: First Eagle Var Fds Shs Overseas Variable Fund

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FEOVX First Eagle Var Fds Shs Overseas Variable Fund


Profile

FEOVX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 1.5%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $303 M
  • Holdings in Top 10 28.1%

52 WEEK LOW AND HIGH

$28.31
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.39%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 6.98%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Daily
  • Net Income Ratio 1.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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

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. Normally, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in foreign securities (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).


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Categories

Performance

FEOVX - Performance

Return Ranking - Trailing

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -56.8% 4.6% 20.03%
1 Yr N/A -54.4% 22.3% 96.45%
3 Yr 1.5%* -22.0% 49.2% 4.36%
5 Yr 0.0%* -17.1% 29.6% 5.69%
10 Yr 0.8%* -7.6% 5.3% 21.51%

* Annualized

Return Ranking - Calendar

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -19.9% 38.8% 98.86%
2018 0.0% -50.2% 0.0% 0.30%
2017 11.3% -2.4% 38.4% 95.56%
2016 2.5% -23.2% 210.3% 10.07%
2015 -5.7% -47.4% 6.8% 73.71%

Total Return Ranking - Trailing

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -56.8% 4.6% 20.03%
1 Yr N/A -54.4% 22.3% 96.45%
3 Yr 1.5%* -21.2% 49.2% 6.30%
5 Yr 0.0%* -17.1% 29.6% 8.33%
10 Yr 0.8%* -7.6% 5.6% 57.27%

* Annualized

Total Return Ranking - Calendar

Period FEOVX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -19.9% 38.8% 98.86%
2018 0.0% -50.2% 0.0% 0.30%
2017 11.3% -0.1% 38.4% 96.55%
2016 2.5% -10.2% 210.3% 21.04%
2015 -5.7% -28.8% 7.7% 80.95%

NAV & Total Return History


Holdings

FEOVX - Holdings

Concentration Analysis

FEOVX Category Low Category High FEOVX % Rank
Net Assets 303 M 0 344 B 62.13%
Number of Holdings 113 1 9056 54.30%
Net Assets in Top 10 91.9 M 0 37.3 B 57.26%
Weighting of Top 10 28.14% 5.1% 100.0% 30.39%

Top 10 Holdings

  1. Gold Commodity In Ounces 9.88%
  2. Fanuc Corp 2.54%
  3. Danone SA 2.39%
  4. British American Tobacco PLC 2.35%
  5. Mitsubishi Estate Co Ltd 2.04%
  6. Sompo Holdings Inc 1.91%
  7. KDDI Corp 1.89%
  8. Nestle SA 1.87%
  9. SECOM Co Ltd 1.76%
  10. Nutrien Ltd 1.51%

Asset Allocation

Weighting Return Low Return High FEOVX % Rank
Stocks
73.50% 0.00% 116.18% 98.79%
Cash
13.97% -91.67% 100.00% 1.88%
Other
10.36% -2.07% 48.08% 2.02%
Bonds
2.18% 0.00% 61.46% 1.07%
Preferred Stocks
0.00% 0.00% 2.34% 78.49%
Convertible Bonds
0.00% 0.00% 2.21% 73.52%

Stock Sector Breakdown

Weighting Return Low Return High FEOVX % Rank
Industrials
18.38% 5.06% 34.33% 13.96%
Consumer Defense
18.30% 2.02% 28.39% 2.17%
Financial Services
14.60% 0.00% 27.71% 83.60%
Basic Materials
13.89% 0.00% 15.17% 1.63%
Consumer Cyclical
8.00% 1.70% 26.23% 80.89%
Real Estate
6.64% 0.00% 12.47% 5.96%
Healthcare
6.50% 0.00% 28.81% 90.92%
Technology
5.08% 0.00% 39.35% 89.43%
Communication Services
4.83% 0.00% 29.11% 80.08%
Energy
3.78% 0.00% 15.90% 65.99%
Utilities
0.00% 0.00% 11.72% 95.80%

Stock Geographic Breakdown

Weighting Return Low Return High FEOVX % Rank
Non US
71.61% 0.00% 120.88% 98.92%
US
1.89% -11.88% 66.64% 53.36%

Expenses

FEOVX - Expenses

Operational Fees

FEOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.39% 0.02% 19.39% 33.20%
Management Fee 0.75% 0.00% 1.35% 68.86%
12b-1 Fee 0.25% 0.00% 1.00% 51.48%
Administrative Fee N/A 0.00% 1.00% N/A

Sales Fees

FEOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% 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 6.98% 0.00% 344.00% 8.33%

Distributions

FEOVX - Distributions

Dividend Yield Analysis

FEOVX Category Low Category High FEOVX % Rank
Dividend Yield 0.00% 0.00% 6.59% 74.67%

Dividend Distribution Analysis

FEOVX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FEOVX Category Low Category High FEOVX % Rank
Net Income Ratio 1.14% -1.71% 11.59% 86.30%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FEOVX - Fund Manager Analysis

Managers

Matthew McLennan


Start Date

Tenure

Tenure Rank

Sep 12, 2008

11.56

11.6%

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

8.93

8.9%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.18 5.41 0.92