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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

First Eagle Gold Fund

SGGDX | Fund

$23.96

$2.18 B

0.00%

$0.00

1.22%

Vitals

YTD Return

5.7%

1 yr return

6.6%

3 Yr Avg Return

7.4%

5 Yr Avg Return

8.9%

Net Assets

$2.18 B

Holdings in Top 10

76.2%

52 WEEK LOW AND HIGH

$23.7
$17.84
$27.04

Expenses

OPERATING FEES

Expense Ratio 1.22%

SALES FEES

Front Load 5.00%

Deferred Load N/A

TRADING FEES

Turnover 5.13%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

First Eagle Gold Fund

SGGDX | Fund

$23.96

$2.18 B

0.00%

$0.00

1.22%

SGGDX - Profile

Distributions

  • YTD Total Return 5.7%
  • 3 Yr Annualized Total Return 7.4%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 McLennan

Fund Description

To achieve its objective of providing investors the opportunity to participate in the investment characteristics of gold, the Gold Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in gold and/or securities (which may include both equity (e.g., common stocks) and, to a limited extent, debt instruments (e.g., notes and bonds)) 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. Up to 20% of the Fund’s assets may be invested in equity and, to a limited extent, debt instruments unrelated to gold or the gold industry. The Fund anticipates it will allocate a substantial amount of its assets to foreign investments (including American Depositary Receipts, Global Depositary Receipts and European Depositary Receipts). The Fund may invest up to 20% of its total assets in debt securities. 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 also invest in fixed income instruments (without regard to credit rating or time to maturity), short-term debt instruments, other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “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).

An investment in the Gold Fund is not intended to be a complete investment program. However, many investors believe that, historically, a limited exposure to investments in gold or gold-related instruments may provide some offset against the market impact of political and economic disruptions, as well as relieve inflationary or deflationary pressures.

The Gold Fund is a “non-diversified” fund. It generally invests a greater portion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund.

The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts). The Fund will invest in the Subsidiary in order to gain

exposure to the commodities markets within the limitations of the federal tax laws, rules and regulations that apply to regulated investment companies.

Unlike the Fund, the Subsidiary may invest without limitation in commodities and related instruments, however, the Subsidiary will comply with the same 1940 Act asset coverage requirements with respect to any investments in commodity-linked derivatives that are applicable to the Fund’s transactions in derivatives. In addition, to the extent applicable to the investment activities of the Subsidiary, the Subsidiary will be subject to the same fundamental investment restrictions and will follow the same compliance policies and procedures as the Fund. Compliance with the Fund’s investment restrictions generally will be measured on an aggregate basis in respect of the Fund’s and the Subsidiary’s portfolios. The Subsidiary will comply with the 1940 Act provisions governing affiliate transactions and custody of assets. The Fund is the sole shareholder of the Subsidiary and does not expect shares of the Subsidiary to be offered or sold to other investors.

For more information about the Gold Fund’s principal investment strategies, please see the More Information about the Funds’ Investments section.

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SGGDX - Performance

Return Ranking - Trailing

Period SGGDX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -0.2% 20.9% 61.76%
1 Yr 6.6% -24.8% 14.5% 7.35%
3 Yr 7.4%* -17.2% 38.6% 10.29%
5 Yr 8.9%* -15.3% 10.8% 16.39%
10 Yr -0.7%* -16.3% 4.4% 5.45%

* Annualized

Return Ranking - Calendar

Period SGGDX Return Category Return Low Category Return High Rank in Category (%)
2022 -1.6% -32.9% 2.5% 8.82%
2021 -4.4% -30.0% 34.1% 22.06%
2020 8.6% 3.4% 18.1% 47.06%
2019 8.5% 0.2% 11.9% 56.25%
2018 -3.4% -12.8% -1.5% 62.30%

Total Return Ranking - Trailing

Period SGGDX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -0.2% 20.9% 61.76%
1 Yr 6.6% -24.8% 14.5% 7.04%
3 Yr 7.4%* -17.2% 38.6% 12.86%
5 Yr 8.9%* -15.3% 10.8% 15.87%
10 Yr -0.7%* -16.3% 4.4% 7.27%

* Annualized

Total Return Ranking - Calendar

Period SGGDX Return Category Return Low Category Return High Rank in Category (%)
2022 -1.6% -32.9% 2.5% 8.82%
2021 -4.4% -30.0% 34.1% 22.06%
2020 8.6% 3.4% 18.1% 47.06%
2019 8.5% 0.2% 11.9% 56.25%
2018 -3.4% -12.8% -1.5% 62.30%

NAV & Total Return History


SGGDX - Holdings

Concentration Analysis

SGGDX Category Low Category High SGGDX % Rank
Net Assets 2.18 B 1.13 M 12.6 B 13.04%
Number of Holdings 35 21 309 91.67%
Net Assets in Top 10 1.85 B 8.18 K 8.13 B 11.11%
Weighting of Top 10 76.21% 36.4% 81.8% 12.50%

Top 10 Holdings

  1. Gold Commodity In Ounces 23.05%
  2. Gold Commodity In Ounces 23.05%
  3. Gold Commodity In Ounces 23.05%
  4. Gold Commodity In Ounces 23.05%
  5. Gold Commodity In Ounces 23.05%
  6. Gold Commodity In Ounces 23.05%
  7. Gold Commodity In Ounces 23.05%
  8. Gold Commodity In Ounces 23.05%
  9. Gold Commodity In Ounces 23.05%
  10. Gold Commodity In Ounces 23.05%

Asset Allocation

Weighting Return Low Return High SGGDX % Rank
Stocks
69.12% 47.61% 100.00% 95.83%
Other
23.54% -2.11% 52.27% 13.89%
Cash
7.35% 0.00% 7.35% 9.72%
Preferred Stocks
0.00% 0.00% 0.00% 80.56%
Convertible Bonds
0.00% 0.00% 0.00% 80.56%
Bonds
0.00% 0.00% 2.84% 80.56%

Stock Sector Breakdown

Weighting Return Low Return High SGGDX % Rank
Basic Materials
100.00% 93.10% 100.00% 61.11%
Utilities
0.00% 0.00% 0.02% 80.56%
Technology
0.00% 0.00% 0.19% 80.56%
Real Estate
0.00% 0.00% 0.00% 80.56%
Industrials
0.00% 0.00% 4.56% 81.94%
Healthcare
0.00% 0.00% 0.00% 80.56%
Financial Services
0.00% 0.00% 0.14% 80.56%
Energy
0.00% 0.00% 4.45% 81.94%
Communication Services
0.00% 0.00% 0.00% 80.56%
Consumer Defense
0.00% 0.00% 0.00% 80.56%
Consumer Cyclical
0.00% 0.00% 2.75% 80.56%

Stock Geographic Breakdown

Weighting Return Low Return High SGGDX % Rank
Non US
48.95% 39.37% 95.10% 95.83%
US
20.17% 3.28% 30.63% 27.78%

SGGDX - Expenses

Operational Fees

SGGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.33% 3.83% 38.89%
Management Fee 0.75% 0.35% 1.18% 79.71%
12b-1 Fee 0.25% 0.00% 1.00% 57.89%
Administrative Fee N/A 0.10% 0.25% 37.93%

Sales Fees

SGGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 0.00% 5.75% 56.25%
Deferred Load N/A 1.00% 2.25% N/A

Trading Fees

SGGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 58.82%

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 Return Low Category Return High Rank in Category (%)
Turnover 5.13% 1.00% 114.00% 12.12%

SGGDX - Distributions

Dividend Yield Analysis

SGGDX Category Low Category High SGGDX % Rank
Dividend Yield 0.00% 0.00% 9.13% 93.06%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SGGDX Category Low Category High SGGDX % Rank
Net Income Ratio -0.03% -18.00% 5.11% 75.00%

Capital Gain Distribution Analysis

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

Distributions History

View More +

SGGDX - Fund Manager Analysis

Managers

Matthew McLennan


Start Date

Tenure

Tenure Rank

Mar 01, 2013

9.25

9.3%

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


Start Date

Tenure

Tenure Rank

Mar 01, 2016

6.25

6.3%

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.

Max Belmont


Start Date

Tenure

Tenure Rank

Mar 01, 2021

1.25

1.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 34.34 11.37 6.25