Continue to site >
Trending ETFs

Name

As of 12/21/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$24.36

$367 M

1.03%

$0.25

1.15%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$367 M

Holdings in Top 10

54.8%

52 WEEK LOW AND HIGH

$24.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.70%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/21/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$24.36

$367 M

1.03%

$0.25

1.15%

EARFX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.25%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    First Eagle Rising Dividend Fund
  • Fund Family Name
    First Eagle Funds
  • Inception Date
    May 01, 2018
  • Shares Outstanding
    N/A
  • Share Class
    R3
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Manish Gupta

Fund Description

To achieve its objective of capital appreciation and current income, under normal circumstances the Fund will primarily invest in domestic stocks and, to a lesser extent, debt and foreign equity instruments (including American Depositary Receipts, Global Depositary Receipts and European Depositary Receipts). The Fund’s investments in foreign equity instruments can be denominated in any applicable foreign currency. Normally, at least 80% of the Fund’s net assets (plus any borrowings for investment purposes) are invested in dividend paying equity securities where the dividends are expected to increase over time.

Such investments include common stock, hybrid instruments such as preferred stock and convertible securities, and real estate investment trusts.

The Fund also may invest in warrants, corporate bonds and other debt instruments, repurchase agreements and derivatives. The Fund "counts" relevant derivative positions towards its "80% of net assets" allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).

In selecting companies for investment, the Adviser seeks to identify what it considers to be high quality companies. While a company selected for investment may not meet all of these characteristics, the Adviser considers a high quality company to demonstrate, in the opinion of the Adviser, some or all of the following: durable competitive advantage(s); conservative capital structure; prudent management; and attractive financial metrics, including the capacity to grow dividends. The Adviser generally will sell an investment if it no longer meets these criteria.

The derivatives in which the Fund may invest include written covered call and put options on equity or debt securities. The Fund may write “covered” call (and put) options on equity or debt securities in seeking to enhance investment return and to hedge against declines (or increases) in the prices of portfolio securities.

The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy.

The investment philosophy and strategy of the Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.

Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in debt securities generally without regard to their credit rating, time to maturity or duration. “Duration” is a way of measuring a debt security’s sensitivity to a potential change in interest rates. However, the Fund has no current intention

of investing more than 5% of its net assets in debt instruments that are below investment grade (commonly referred to as “high yield” or “junk” bonds).

The Fund is a “non-diversified” fund. It generally invests a greater portion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund.

For more information about the Rising Dividend Fund’s principal investment strategies, please see the More Information about the Funds’ Investments section.

Read More

EARFX - Performance

Return Ranking - Trailing

Period EARFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.9% 6.1% 59.22%
1 Yr N/A -4.8% 45.8% 60.83%
3 Yr N/A* -11.1% 32.8% 87.89%
5 Yr N/A* -7.5% 108.6% 93.28%
10 Yr N/A* 0.5% 20.8% 98.96%

* Annualized

Return Ranking - Calendar

Period EARFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -42.6% 47.4% 55.51%
2022 -21.6% -56.3% 6.8% 54.59%
2021 5.9% -27.2% 53.7% 85.75%
2020 -8.7% -36.2% 2181.7% 98.75%
2019 27.1% -22.7% 40.4% 26.84%

Total Return Ranking - Trailing

Period EARFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.9% 6.1% 59.22%
1 Yr N/A -4.8% 45.8% 60.83%
3 Yr N/A* -11.1% 32.8% 87.89%
5 Yr N/A* -7.5% 108.6% 93.28%
10 Yr N/A* 0.5% 20.8% 98.86%

* Annualized

Total Return Ranking - Calendar

Period EARFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -18.7% 60.1% 74.41%
2022 -19.4% -36.8% 22.0% 71.91%
2021 20.2% 3.0% 124.3% 91.47%
2020 7.3% -15.8% 2266.0% 95.65%
2019 28.2% -16.5% 241.3% 67.63%

NAV & Total Return History


EARFX - Holdings

Concentration Analysis

EARFX Category Low Category High EARFX % Rank
Net Assets 367 M 2.59 M 1.3 T 69.19%
Number of Holdings 36 1 4053 91.58%
Net Assets in Top 10 194 M 658 K 341 B 62.93%
Weighting of Top 10 54.77% 0.4% 126.6% 6.67%

Top 10 Holdings

  1. Oracle Corp. 6.85%
  2. Comcast Corp., Class A 6.65%
  3. Texas Instruments, Inc. 5.97%
  4. Alphabet, Inc., Class A 5.88%
  5. Medtronic plc 5.85%
  6. UnitedHealth Group, Inc. 5.85%
  7. Philip Morris International, Inc. 4.87%
  8. Home Depot, Inc. (The) 4.50%
  9. TE Connectivity Ltd. 4.34%
  10. Becton Dickinson Co. 4.01%

Asset Allocation

Weighting Return Low Return High EARFX % Rank
Stocks
96.00% 0.00% 122.93% 86.02%
Cash
1.41% 0.00% 99.21% 44.02%
Preferred Stocks
0.00% 0.00% 2.07% 56.37%
Other
0.00% -13.91% 100.00% 56.06%
Convertible Bonds
0.00% 0.00% 5.54% 54.61%
Bonds
0.00% -0.50% 94.60% 57.76%

Stock Sector Breakdown

Weighting Return Low Return High EARFX % Rank
Technology
38.11% 0.00% 48.94% 0.79%
Healthcare
18.63% 0.00% 60.70% 11.39%
Communication Services
18.60% 0.00% 27.94% 1.73%
Consumer Cyclical
10.38% 0.00% 30.33% 55.85%
Consumer Defense
7.00% 0.00% 47.71% 41.24%
Industrials
5.47% 0.00% 29.90% 95.76%
Financial Services
1.79% 0.00% 55.59% 99.14%
Utilities
0.00% 0.00% 20.91% 93.48%
Real Estate
0.00% 0.00% 31.91% 94.03%
Energy
0.00% 0.00% 41.64% 92.69%
Basic Materials
0.00% 0.00% 25.70% 97.33%

Stock Geographic Breakdown

Weighting Return Low Return High EARFX % Rank
US
91.60% 0.00% 122.93% 86.87%
Non US
4.40% 0.00% 50.17% 8.73%

EARFX - Expenses

Operational Fees

EARFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.01% 16.07% 28.90%
Management Fee 0.50% 0.00% 1.89% 48.41%
12b-1 Fee 0.35% 0.00% 1.00% 64.32%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

EARFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

EARFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EARFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.70% 0.00% 496.00% 69.82%

EARFX - Distributions

Dividend Yield Analysis

EARFX Category Low Category High EARFX % Rank
Dividend Yield 1.03% 0.00% 4.75% 57.76%

Dividend Distribution Analysis

EARFX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

EARFX Category Low Category High EARFX % Rank
Net Income Ratio 0.25% -54.00% 6.06% 74.31%

Capital Gain Distribution Analysis

EARFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

EARFX - Fund Manager Analysis

Managers

Manish Gupta


Start Date

Tenure

Tenure Rank

Aug 14, 2020

1.79

1.8%

Manish Gupta is a co-portfolio manager on the International Small Cap Value strategy. He joined First Eagle's Global Value team in October 2009. While serving as a small cap generalist, Manish is also a senior research analyst covering technology (hardware, equipment, software & services), chemicals, electrical equipment and instrumentation. Prior to joining the Firm, Manish was an equity research analyst at Cantillon Capital Management, covering technology, professional and commercial services, transportation and select industrials. Prior to this, he interned as a financial services sector analyst at Fidelity Management and Research. Manish worked in the technology sector before entering financial services. He began his career as an intern at Microsoft Corporation, and spent the following six years as a software engineer at Cisco Systems. Manish has a Bachelors of Technology from the Institute of Technology BHU in Vernasi, India, Master of Science in Computer Science from UT Austin, and an MBA from Columbia Business School.

Julien Albertini


Start Date

Tenure

Tenure Rank

Aug 14, 2020

1.79

1.8%

Julien Albertini manages Global Income Builder Fund with Messrs. Booker, Meigs and Slein and Fund of America with Messrs. Gupta and Heck. He joined the Adviser in 2013 and is also a member of the First Eagle Global Value analyst team. Prior to that, Mr. Albertini worked in various roles at various financial institutions, most recently Tiger Veda LP

Christian Heck


Start Date

Tenure

Tenure Rank

Aug 14, 2020

1.79

1.8%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.18 2.42