FEROX Fees and Costs — First Eagle Overseas Fund, Class R5
Data updated: 2026-09-28
The net expense ratio is 1.17%: a 0.75% management fee plus 0.42% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.9M in broker commissions, 0.0218% of average net assets, and portfolio turnover was 12%.
FEROX Fees and Expenses
Annual operating expenses and sales charges of FEROX. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.17% |
| Fee waiver | — |
| Net expense ratio | 1.17% |
| 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 |
FEROX Costs Over Time
On $10,000 invested in FEROX, assuming 5% a year before costs, total costs come to $743 over 5 years, cutting the return by 1.25% 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 1.17%) | $123 | $383 | $662 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $409 | $743 |
| Value after costs | $10,375 | $11,167 | $12,020 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
FEROX 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): 0.0218%
- Total broker commissions: $2.9M
- Bought from dealers (principal trades, not a cost): $34.0B
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
FEROX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $593K | 25.09% |
| Jefferies LLC | $489K | 20.69% |
| UBS Securities LLC | $363K | 15.38% |
| J.P. Morgan Securities LLC | $185K | 7.83% |
| BofA Securities, Inc. | $162K | 6.87% |
| REDBURN (USA) LLC | $151K | 6.39% |
| Morgan Stanley & Co. LLC | $123K | 5.22% |
| Keefe, Bruyette & Woods, Inc. | $115K | 4.88% |
| RBC Capital Markets, LLC | $93K | 3.92% |
| Sanford C. Bernstein & Co., LLC | $88K | 3.74% |
FEROX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $20.2B | 59.32% |
| Citigroup Global Markets Inc. | $7.1B | 20.76% |
| J.P. Morgan Securities LLC | $4.7B | 13.73% |
| Barclays Capital, Inc. | $1.7B | 5.08% |
| Goldman Sachs & Co. LLC | $380.3M | 1.12% |
First Eagle Overseas Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FEORX | Class R6 | 0.79% | none |
| SGOIX | Class I | 0.88% | none |
| FIORX | Class R4 | 1.01% | none |
| FEOTX | C000182925 | 1.07% | 2.50% |
| SGOVX | Class A | 1.14% | 5.00% |
| FEROX | Class R5 | 1.17% | none |
| EAROX | Class R3 | 1.40% | none |
| FESOX | Class C | 1.87% | 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.