FEXRX Performance — First Eagle U.S. Smid Cap Opportunity Fund, Class R6
Data updated: 2026-09-28
FEXRX returned +23.76% year to date and +33.17% over one year to Jul 2026. The annualised 3-year return is +15.60%. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $154, against $145 for the category, and to $133 over one year, against $120. Volatility over the past three years was 19.49% a year. In the 12 months to Jul 2026 the fund took in a net $47.4M, and assets reached $106.78M.
FEXRX Growth of $100
What $100 invested in First Eagle U.S. Smid Cap Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | FEXRX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $133 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $154 | $145 |
| Since data start (Aug 2022 – Jul 2026) | $160 | $158 |
FEXRX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.76% |
| 1 year | +33.17% |
| 3 years (annualised) | +15.60% |
FEXRX Annual Returns
Calendar-year total returns of First Eagle U.S. Smid Cap Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +23.76% |
| 2025 | +11.17% |
| 2024 | +11.61% |
| 2023 | +17.45% |
| 2022 (Aug–Dec) | −11.36% |
FEXRX 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 | +5.8% | +7.1% | −7.0% | +13.5% | +2.7% | +8.1% | −6.8% | — | — | — | — | — |
| 2025 | +3.4% | −6.3% | −5.8% | −2.2% | +7.0% | +5.8% | +2.1% | +2.5% | +1.8% | −0.3% | +3.3% | +0.1% |
| 2024 | −2.3% | +5.7% | +5.0% | −6.0% | +5.3% | −1.6% | +5.0% | +1.8% | +1.3% | −1.2% | +7.4% | −8.1% |
| 2023 | +12.0% | −3.5% | −4.6% | 0.0% | −2.2% | +12.2% | +3.2% | −3.6% | −6.3% | −6.4% | +9.3% | +8.9% |
| 2022 | — | — | — | — | — | — | — | −7.8% | −11.2% | +9.6% | +5.7% | −6.6% |
FEXRX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 19.49%
- 3-year Sharpe ratio: 0.57 (vs 4.5% risk-free rate)
- Best month: +13.46% (Apr 2026)
- Worst month: −8.12% (Dec 2024)
FEXRX Fund Flows
Monthly money in and out of First Eagle U.S. Smid Cap Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: $47.4M
- 12-month gross sales (incl. reinvestments): $58.1M
- Sales ÷ redemptions: 5.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $21.8M | $1.7M | $20.1M |
| Jun 2026 | $14.9M | $1.0M | $13.9M |
| May 2026 | $2.2M | $492K | $1.7M |
| Apr 2026 | $4.6M | $580K | $4.1M |
| Mar 2026 | $5.0M | $3.4M | $1.6M |
| Feb 2026 | $3.0M | $499K | $2.5M |
| Jan 2026 | $1.4M | $1.6M | −$137K |
| Dec 2025 | $970K | $201K | $770K |
| Nov 2025 | $1.4M | $669K | $744K |
| Oct 2025 | $900K | $197K | $703K |
| Sep 2025 | $355K | $191K | $164K |
| Aug 2025 | $1.5M | $182K | $1.3M |
FEXRX Assets Under Management
Net assets of First Eagle U.S. Smid Cap Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $106.78M |
| 2026-04-30 | $69.12M |
| 2026-01-31 | $53.49M |
| 2025-10-31 | $47.66M |
| 2025-07-31 | $43.73M |
| 2025-04-30 | $49.88M |
| 2025-01-31 | $56.33M |
| 2024-10-31 | $49.94M |
| 2024-07-31 | $47.27M |
| 2024-04-30 | $35.53M |
| 2024-01-31 | $32.39M |
| 2023-10-31 | $27.75M |
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.