FPMAX Fees and Costs — First Eagle Core Plus Municipal Fund
Data updated: 2026-09-28
The net expense ratio is 0.67%: a 0.40% management fee, a 0.25% 12b-1 fee plus 0.58% other expenses, less a 0.56% fee waiver. This share class carries a maximum front-end sales load of 2.50% and a deferred sales charge of up to 1.00%.
FPMAX Fees and Expenses
Annual operating expenses and sales charges of FPMAX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.58% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.56% |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 1.00% |
| Redemption fee | — |
FPMAX Costs Over Time
On $10,000 invested in FPMAX, assuming 5% a year before costs, total costs come to $730 over 5 years, cutting the return by 1.23% 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 |
| Sales charges | $352 | $250 | $250 |
| Fund expenses (net expense ratio 0.67%) | $69 | $215 | $374 |
| Lost growth on money paid in costs | $13 | $50 | $107 |
| Total costs | $433 | $515 | $730 |
| Value after costs | $10,067 | $11,061 | $12,032 |
| Impact on return, per year | 4.33% | 1.58% | 1.23% |
First Eagle Core Plus Municipal Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FPCPX | C000271837 | 0.42% | none |
| FPMMX | C000258506 | 0.42% | none |
| FPMAX | C000258507 | 0.67% | 2.50% |
| FPLCX | C000258508 | 1.42% | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.