FEVIX Fees and Costs — First Eagle U.S. Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 0.89%: a 0.75% management fee plus 0.14% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $158K in broker commissions, 0.0109% of average net assets, and portfolio turnover was 17%.
FEVIX Fees and Expenses
Annual operating expenses and sales charges of FEVIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| 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 |
FEVIX Costs Over Time
On $10,000 invested in FEVIX, assuming 5% a year before costs, total costs come to $565 over 5 years, cutting the return by 0.95% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $310 | $565 |
| Value after costs | $10,405 | $11,266 | $12,198 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
FEVIX 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): 0.0109%
- Total broker commissions: $158K
- Bought from dealers (principal trades, not a cost): $9.5B
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
FEVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $24K | 17.93% |
| Jefferies LLC | $15K | 11.36% |
| JonesTrading Institutional Services LLC | $13K | 10.00% |
| Virtu Americas LLC | $13K | 9.89% |
| Citizens Securities, Inc. | $13K | 9.46% |
| Cowen and Company | $12K | 8.95% |
| Morgan Stanley & Co. LLC | $12K | 8.71% |
| Roth Capital Partners, LLC | $11K | 8.49% |
| Evercore Group L.L.C. | $10K | 7.63% |
| Sanford C. Bernstein & Co., LLC | $10K | 7.57% |
FEVIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $5.5B | 58.00% |
| Citigroup Global Markets Inc. | $1.9B | 20.33% |
| J.P. Morgan Securities LLC | $1.6B | 16.29% |
| Barclays Capital, Inc. | $371.5M | 3.90% |
| Goldman Sachs & Co. LLC | $137.2M | 1.44% |
| Virtu Americas LLC | $2.2M | 0.02% |
| Jefferies LLC | $1.3M | 0.01% |
First Eagle U.S. Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FEVRX | Class R6 | 0.83% | none |
| FEVIX | Class I | 0.89% | none |
| FERVX | Class R5 | 0.97% | none |
| FEVTX | C000182926 | 1.06% | 2.50% |
| FIVRX | Class R4 | 1.09% | none |
| FEVAX | Class A | 1.14% | 5.00% |
| EARVX | Class R3 | 1.29% | none |
| FEVCX | Class C | 1.88% | 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.