FESRX Performance — First Eagle Small Cap Opportunity Fund, Class R6
Data updated: 2026-09-28
FESRX returned +25.73% year to date and +42.44% over one year to Jul 2026. Annualised returns are +14.49% over 3 years and +9.01% over 5 years. The fund beat its US Small Blend category average: $100 invested three years ago grew to $150, against $146 for the category, and to $142 over one year, against $129. Volatility over the past three years was 21.47% a year. In the 12 months to Jul 2026 the fund took in a net $613.9M, and assets reached $2.90B.
FESRX Growth of $100
What $100 invested in First Eagle Small Cap Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | FESRX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $142 | $129 |
| 3 years (Aug 2023 – Jul 2026) | $150 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $154 | $141 |
| Since data start (May 2021 – Jul 2026) | $149 | $140 |
FESRX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +25.73% |
| 1 year | +42.44% |
| 3 years (annualised) | +14.49% |
| 5 years (annualised) | +9.01% |
FESRX Annual Returns
Calendar-year total returns of First Eagle Small Cap Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +25.73% |
| 2025 | +13.40% |
| 2024 | +6.49% |
| 2023 | +16.88% |
| 2022 | −14.14% |
| 2021 (May–Dec) | −2.07% |
FESRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.4% | +5.2% | −6.2% | +13.6% | +2.4% | +8.1% | −5.6% | — | — | — | — | — |
| 2025 | +3.7% | −6.4% | −6.8% | −4.5% | +7.6% | +6.0% | +1.6% | +8.5% | +2.6% | +0.3% | +0.5% | +0.9% |
| 2024 | −3.1% | +3.0% | +5.4% | −6.2% | +6.0% | −1.6% | +8.2% | −2.5% | −0.3% | −2.7% | +10.3% | −8.3% |
| 2023 | +12.6% | −0.8% | −4.7% | −2.9% | −2.1% | +12.1% | +4.3% | −5.4% | −6.6% | −7.3% | +8.6% | +11.1% |
| 2022 | −5.4% | +4.1% | +0.8% | −8.3% | +1.7% | −12.1% | +11.6% | −3.7% | −12.1% | +11.8% | +4.9% | −4.6% |
| 2021 | — | — | — | — | 0.0% | 0.0% | −3.1% | −0.2% | −3.1% | +3.0% | −3.1% | +4.6% |
FESRX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 21.47%
- 3-year Sharpe ratio: 0.47 (vs 4.5% risk-free rate)
- Best month: +13.56% (Apr 2026)
- Worst month: −8.28% (Dec 2024)
FESRX Fund Flows
Monthly money in and out of First Eagle Small Cap Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: $613.9M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 2.18×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $67.9M | $47.7M | $20.2M |
| Jun 2026 | $88.9M | $45.9M | $43.1M |
| May 2026 | $531.2M | $40.1M | $491.1M |
| Apr 2026 | $81.7M | $57.1M | $24.6M |
| Mar 2026 | $60.0M | $60.8M | −$806K |
| Feb 2026 | $68.2M | $32.0M | $36.2M |
| Jan 2026 | $54.3M | $41.7M | $12.6M |
| Dec 2025 | $53.0M | $33.8M | $19.2M |
| Nov 2025 | $31.8M | $26.3M | $5.6M |
| Oct 2025 | $32.6M | $40.5M | −$7.9M |
| Sep 2025 | $39.2M | $51.4M | −$12.2M |
| Aug 2025 | $25.6M | $43.3M | −$17.7M |
FESRX Assets Under Management
Net assets of First Eagle Small Cap Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.90B |
| 2026-04-30 | $2.23B |
| 2026-01-31 | $1.93B |
| 2025-10-31 | $1.75B |
| 2025-07-31 | $1.61B |
| 2025-04-30 | $1.47B |
| 2025-01-31 | $1.89B |
| 2024-10-31 | $1.87B |
| 2024-07-31 | $2.06B |
| 2024-04-30 | $1.79B |
| 2024-01-31 | $1.68B |
| 2023-10-31 | $1.30B |
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.