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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$62.85

$48.2 B

0.34%

$0.21

0.86%

Vitals

YTD Return

7.8%

1 yr return

-2.6%

3 Yr Avg Return

3.5%

5 Yr Avg Return

0.7%

Net Assets

$48.2 B

Holdings in Top 10

28.1%

52 WEEK LOW AND HIGH

$62.4
$53.39
$66.05

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 7.29%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

$1,000,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$62.85

$48.2 B

0.34%

$0.21

0.86%

SGIIX - Profile

Distributions

  • YTD Total Return 7.8%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    First Eagle Global Fund
  • Fund Family Name
    First Eagle
  • Inception Date
    Jul 31, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew McLennan

Fund Description

To achieve its objective of long-term capital growth, the Global Fund will normally invest primarily in common stocks (and securities convertible into common stocks) of U.S. and foreign companies.

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 debt instruments (e.g., notes and bonds) without regard to credit rating or time to maturity, short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals. Under normal circumstances, 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). That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on foreign investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).

The investment philosophy and strategy of the Global Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.

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).

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

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SGIIX - Performance

Return Ranking - Trailing

Period SGIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -23.7% 16.4% 25.75%
1 Yr -2.6% -8.9% 48.3% 20.82%
3 Yr 3.5%* -2.2% 16.4% 14.48%
5 Yr 0.7%* -0.7% 13.4% 18.22%
10 Yr 2.3%* 0.9% 11.8% 8.64%

* Annualized

Return Ranking - Calendar

Period SGIIX Return Category Return Low Category Return High Rank in Category (%)
2022 -10.1% -40.8% 20.6% 39.69%
2021 2.6% -21.0% 24.5% 41.46%
2020 1.9% -24.2% 27.8% 33.88%
2019 3.3% -23.1% 11.7% 79.35%
2018 -2.9% -100.0% 20.6% 60.76%

Total Return Ranking - Trailing

Period SGIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -23.7% 16.4% 24.89%
1 Yr -2.6% -12.8% 48.3% 20.13%
3 Yr 3.5%* -3.4% 16.4% 12.66%
5 Yr 0.7%* -1.1% 13.4% 16.93%
10 Yr 2.3%* 0.9% 11.8% 7.73%

* Annualized

Total Return Ranking - Calendar

Period SGIIX Return Category Return Low Category Return High Rank in Category (%)
2022 -10.1% -40.8% 20.6% 39.69%
2021 2.6% -21.0% 24.5% 41.46%
2020 1.9% -24.2% 27.8% 33.88%
2019 3.3% -23.1% 11.7% 86.35%
2018 -2.9% -2.9% 23.1% 83.92%

NAV & Total Return History


SGIIX - Holdings

Concentration Analysis

SGIIX Category Low Category High SGIIX % Rank
Net Assets 48.2 B 1.12 M 110 B 4.54%
Number of Holdings 243 2 10961 51.57%
Net Assets in Top 10 14.1 B -31.7 M 22 B 4.38%
Weighting of Top 10 28.14% 10.8% 100.0% 55.43%

Top 10 Holdings

  1. Gold Commodity In Ounces 13.22%
  2. Gold Commodity In Ounces 13.22%
  3. Gold Commodity In Ounces 13.22%
  4. Gold Commodity In Ounces 13.22%
  5. Gold Commodity In Ounces 13.22%
  6. Gold Commodity In Ounces 13.22%
  7. Gold Commodity In Ounces 13.22%
  8. Gold Commodity In Ounces 13.22%
  9. Gold Commodity In Ounces 13.22%
  10. Gold Commodity In Ounces 13.22%

Asset Allocation

Weighting Return Low Return High SGIIX % Rank
Stocks
79.24% -45.72% 98.42% 11.06%
Other
11.02% -1.25% 197.12% 10.02%
Cash
8.45% -97.12% 185.58% 30.06%
Bonds
1.29% -39.76% 93.84% 91.86%
Preferred Stocks
0.00% -0.03% 14.00% 73.07%
Convertible Bonds
0.00% 0.00% 25.49% 80.17%

Stock Sector Breakdown

Weighting Return Low Return High SGIIX % Rank
Financial Services
18.16% 0.00% 30.34% 21.23%
Consumer Defense
14.22% 0.00% 31.85% 5.52%
Industrials
13.63% 0.09% 32.39% 13.38%
Technology
12.42% 0.00% 39.48% 69.21%
Energy
8.12% 0.00% 38.61% 25.48%
Basic Materials
7.67% 0.00% 60.23% 22.93%
Healthcare
7.60% 0.00% 30.30% 73.04%
Communication Services
7.47% 0.00% 28.59% 46.71%
Consumer Cyclical
5.11% 0.00% 20.84% 64.76%
Real Estate
5.03% 0.00% 90.14% 43.31%
Utilities
0.56% 0.00% 40.29% 90.87%

Stock Geographic Breakdown

Weighting Return Low Return High SGIIX % Rank
US
42.14% -4.82% 95.75% 25.89%
Non US
37.10% -46.69% 57.06% 12.73%

Bond Sector Breakdown

Weighting Return Low Return High SGIIX % Rank
Cash & Equivalents
77.75% 0.10% 100.00% 4.80%
Government
11.84% 0.00% 98.64% 73.28%
Derivative
10.31% 0.00% 41.88% 8.35%
Corporate
0.10% 0.00% 99.90% 90.19%
Securitized
0.00% 0.00% 83.28% 76.41%
Municipal
0.00% 0.00% 31.28% 43.63%

Bond Geographic Breakdown

Weighting Return Low Return High SGIIX % Rank
Non US
1.25% -39.00% 137.36% 75.78%
US
0.04% -177.12% 87.76% 91.65%

SGIIX - Expenses

Operational Fees

SGIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.16% 2.71% 70.77%
Management Fee 0.75% 0.00% 1.70% 61.88%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% 16.13%

Sales Fees

SGIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

SGIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 41.18%

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.

SGIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.29% 0.00% 441.00% 4.55%

SGIIX - Distributions

Dividend Yield Analysis

SGIIX Category Low Category High SGIIX % Rank
Dividend Yield 0.34% 0.00% 10.92% 37.63%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SGIIX Category Low Category High SGIIX % Rank
Net Income Ratio 1.29% -5.20% 6.33% 57.52%

Capital Gain Distribution Analysis

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

Distributions History

View More +

SGIIX - 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

Feb 28, 2011

11.26

11.3%

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.

Manish Gupta


Start Date

Tenure

Tenure Rank

May 01, 2021

1.08

1.1%

Manish Gupta is a co-portfolio manager on the International Small Cap Value strategy. He joined First Eagle's Global Value team in October 2009. While serving as a small cap generalist, Manish is also a senior research analyst covering technology (hardware, equipment, software & services), chemicals, electrical equipment and instrumentation. Prior to joining the Firm, Manish was an equity research analyst at Cantillon Capital Management, covering technology, professional and commercial services, transportation and select industrials. Prior to this, he interned as a financial services sector analyst at Fidelity Management and Research. Manish worked in the technology sector before entering financial services. He began his career as an intern at Microsoft Corporation, and spent the following six years as a software engineer at Cisco Systems. Manish has a Bachelors of Technology from the Institute of Technology BHU in Vernasi, India, Master of Science in Computer Science from UT Austin, and an MBA from Columbia Business School.

Julien Albertini


Start Date

Tenure

Tenure Rank

May 01, 2021

1.08

1.1%

Julien Albertini manages Global Income Builder Fund with Messrs. Booker, Meigs and Slein and Fund of America with Messrs. Gupta and Heck. He joined the Adviser in 2013 and is also a member of the First Eagle Global Value analyst team. Prior to that, Mr. Albertini worked in various roles at various financial institutions, most recently Tiger Veda LP

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25