FEGTX — First Eagle Global Fund
Data updated: 2026-09-28
FEGTX — First Eagle Global Fund. Global (incl. US) Mid Cap Blend / Core Equity · $75.98B AUM. Holdings, fees, performance and SEC filings.
FEGTX Fund Overview
FEGTX — First Eagle Global Fund is a US mutual fund managed by First Eagle Funds, categorised as Global (incl. US) Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: First Eagle Funds
- Category: Global (incl. US) Mid Cap Blend / Core Equity
- Assets under management: $75.98B
- Ticker: FEGTX
- SEC CIK: 0000906352
- SEC series ID: S000011211
- Share class ID: C000182924
FEGTX Investment Objective and Strategy
First Eagle Global Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Eagle Funds.
Investment objective
First Eagle Global Fund (Global Fund or the Fund) seeks long-term growth of capital by investing in a range of asset classes from markets in the United States and throughout the world.
Principal investment strategy
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 Funds 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 Funds books (generally market price, but anticipates valuing each such position for purposes of assessing compliance with this test at notional value). The investment philosophy and strategy of the Global Fund can be broadly characterized as a value approach, as it generally seeks a margin of safety in its investment purchases 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 Funds principal investment strategies, please see the More Information about the Funds Investments section.
FEGTX Holdings
Top 10 holdings of First Eagle Global Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Gold bullion | 8.96% |
| Alphabet, Inc. | 2.39% |
| Becton Dickinson & Co. | 2.00% |
| Samsung Electronics Co. Ltd. | 1.99% |
| Meta Platforms, Inc. | 1.68% |
| British American Tobacco plc | 1.62% |
| Elevance Health, Inc. | 1.41% |
| LVMH Moet Hennessy Louis Vuitton SE | 1.36% |
| SLB Ltd. | 1.34% |
| Prosus NV | 1.33% |
FEGTX Portfolio Allocation
Asset-class allocation of First Eagle Global Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 85.6% |
| Other | 9.0% |
| Cash & Equivalents | 5.4% |
FEGTX Performance
Total returns for FEGTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -24.5% |
| 1 year | -32.7% |
| 3 years (annualised) | -36.7% |
| 5 years (annualised) | -39.9% |
FEGTX Risk Information
Risk metrics for FEGTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.2%
FEGTX Costs and Fees
FEGTX costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.05%
- Portfolio turnover: 16%
- Brokerage commissions: 1.59 bps of average net assets (SEC N-CEN)
FEGTX Cashflows
Over the 12 months to 2026-07, First Eagle Global Fund had net inflows of $4.73B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$192.32M |
| 2026-06 | −$132.20M |
| 2026-05 | −$150.11M |
| 2026-04 | −$166.34M |
| 2026-03 | −$110.69M |
| 2026-02 | $138.04M |
FEGTX Debt Constituents
Largest debt holdings of First Eagle Global Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Bausch & Lomb, Inc. | 0.01% |
FEGTX Prospectus and SEC Filings
Official First Eagle Global Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-26
- Prospectus supplement (497) — filed 2026-05-21
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-14
- Annual census (N-CEN) — filed 2025-01-14
Related Funds
Other Global (incl. US) Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.