FERVX Performance — First Eagle U.S. Fund, Class R5
Data updated: 2026-09-28
FERVX returned +8.71% over one year to Jan 2024. The annualised 3-year return is +9.86%. The fund beat its US Multi-Cap Value category average: $100 invested three years ago grew to $133, against $124 for the category, and to $109 over one year, against $107. Volatility over the past three years was 14.62% a year. In the 12 months to Jul 2026 the fund took in a net $26.5M, and assets reached $1.62B.
FERVX Growth of $100
What $100 invested in First Eagle U.S. Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Value category average over the same months.
| Period | FERVX | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $109 | $107 |
| 3 years (Feb 2021 – Jan 2024) | $133 | $124 |
| Since data start (Aug 2019 – Jan 2024) | $143 | $141 |
FERVX Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +8.71% |
| 3 years (annualised) | +9.86% |
FERVX Annual Returns
Calendar-year total returns of First Eagle U.S. Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +0.77% |
| 2023 | +14.60% |
| 2022 | −5.56% |
| 2021 | +18.73% |
| 2020 | +6.49% |
| 2019 (Aug–Dec) | +3.60% |
FERVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.8% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +6.2% | −3.1% | +1.6% | +2.2% | −2.9% | +5.7% | +3.0% | −2.2% | −3.7% | −1.7% | +5.8% | +3.7% |
| 2022 | −0.2% | −0.8% | +3.2% | −6.1% | +1.5% | −7.9% | +4.9% | −3.2% | −8.0% | +8.1% | +6.1% | −1.7% |
| 2021 | −2.3% | +5.1% | +4.2% | +5.1% | +3.5% | −1.8% | +1.1% | +1.1% | −3.2% | +4.5% | −4.2% | +4.9% |
| 2020 | −2.9% | −6.8% | −13.3% | +11.1% | +2.2% | +0.9% | +5.8% | +4.4% | −3.5% | −1.5% | +8.3% | +4.2% |
| 2019 | — | — | — | — | — | — | — | −2.1% | +1.6% | +0.4% | +1.1% | +2.6% |
FERVX Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 14.62%
- 3-year Sharpe ratio: 0.37 (vs 4.5% risk-free rate)
- Best month: +8.06% (Oct 2022)
- Worst month: −8.05% (Sep 2022)
FERVX Fund Flows
Monthly money in and out of First Eagle U.S. Fund, from SEC Form N-PORT.
- 12-month net flow: $26.5M
- 12-month gross sales (incl. reinvestments): $276.5M
- Sales ÷ redemptions: 1.11×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $8.2M | $32.2M | −$24.0M |
| Jun 2026 | $11.5M | $19.8M | −$8.3M |
| May 2026 | $8.8M | $15.9M | −$7.1M |
| Apr 2026 | $12.8M | $19.8M | −$7.0M |
| Mar 2026 | $13.6M | $15.3M | −$1.7M |
| Feb 2026 | $16.3M | $21.7M | −$5.5M |
| Jan 2026 | $12.9M | $21.1M | −$8.3M |
| Dec 2025 | $142.7M | $33.8M | $108.9M |
| Nov 2025 | $9.3M | $19.1M | −$9.8M |
| Oct 2025 | $15.3M | $20.5M | −$5.2M |
| Sep 2025 | $12.3M | $17.6M | −$5.3M |
| Aug 2025 | $12.9M | $13.1M | −$211K |
FERVX Assets Under Management
Net assets of First Eagle U.S. Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.62B |
| 2026-04-30 | $1.65B |
| 2026-01-31 | $1.69B |
| 2025-10-31 | $1.57B |
| 2025-07-31 | $1.47B |
| 2025-04-30 | $1.38B |
| 2025-01-31 | $1.42B |
| 2024-10-31 | $1.40B |
| 2024-07-31 | $1.36B |
| 2024-04-30 | $1.27B |
| 2024-01-31 | $1.24B |
| 2023-10-31 | $1.14B |
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.