FBRRX Fees and Costs — First Eagle Global Income Builder Fund, Class R3
Data updated: 2026-09-28
The net expense ratio is 1.33%: a 0.75% management fee, a 0.35% 12b-1 fee plus 0.23% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $182K in broker commissions, 0.0097% of average net assets, and portfolio turnover was 12%.
FBRRX Fees and Expenses
Annual operating expenses and sales charges of FBRRX. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.35% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.33% |
| Fee waiver | — |
| Net expense ratio | 1.33% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FBRRX Costs Over Time
On $10,000 invested in FBRRX, assuming 5% a year before costs, total costs come to $832 over 5 years, cutting the return by 1.41% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.33%) | $140 | $434 | $750 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $141 | $459 | $832 |
| Value after costs | $10,359 | $11,117 | $11,931 |
| Impact on return, per year | 1.41% | 1.41% | 1.41% |
FBRRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0097%
- Total broker commissions: $182K
- Bought from dealers (principal trades, not a cost): $11.6B
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
FBRRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $59K | 37.67% |
| Cowen and Company | $31K | 19.58% |
| Jefferies LLC | $17K | 10.71% |
| BofA Securities, Inc. | $15K | 9.78% |
| J.P. Morgan Securities LLC | $8K | 4.99% |
| Goldman Sachs & Co. LLC | $7K | 4.42% |
| Evercore Group L.L.C. | $5K | 3.47% |
| Sanford C. Bernstein & Co., LLC | $5K | 3.31% |
| XP Investments US, LLC | $5K | 3.25% |
| JonesTrading Institutional Services LLC | $4K | 2.80% |
FBRRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $6.8B | 58.29% |
| Citigroup Global Markets Inc. | $2.4B | 20.81% |
| J.P. Morgan Securities LLC | $1.7B | 14.49% |
| Barclays Capital, Inc. | $589.0M | 5.07% |
| Goldman Sachs & Co. LLC | $132.5M | 1.14% |
| Jefferies LLC | $7.1M | 0.06% |
| DNB Markets, Inc. | $6.7M | 0.06% |
| Wells Fargo Securities, LLC | $4.0M | 0.03% |
| Truist Securities, Inc. | $3.1M | 0.03% |
| Keybanc Capital Markets Inc. | $3.0M | 0.03% |
First Eagle Global Income Builder Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FEBRX | Class R6 | 0.84% | none |
| FEBIX | Class I | 0.91% | none |
| FEBAX | Class A | 1.12% | 5.00% |
| FEITX | C000182930 | 1.14% | 2.50% |
| EABRX | Class R5 | 1.17% | none |
| FBRRX | Class R3 | 1.33% | none |
| FIBRX | Class R4 | 1.40% | none |
| FEBCX | Class C | 1.90% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.