June Views from First Eagle Global Value Team
June Views from First Eagle Global Value Team
Actionable Insights for Today’s Markets
Stock Indices Under Different Dollar Regimes
Periods of US dollar weakness have historically coincided with stronger relative performance from international equities.
Small Cap Poised for a Favorable Rate Regime
Small Cap Value equities currently trade at a discount relative to many other areas in the US equity market. These discounted valuations may provide an extra layer of support for Small Cap Value as markets enter a historically more favorable low-rate environment.
The Bird's Eye View
We’re excited to share timely market insights, thoughtful perspectives and expert commentary as part of our commitment to providing modern investment solutions to modern challenges.
The Bird's Eye View
We’re excited to share timely market insights, thoughtful perspectives and expert commentary as part of our commitment to providing modern investment solutions to modern challenges.
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Monthly Video
How Scarcity Is Reasserting the Strategic Value of Real Assets
Deputy Head of Global Value and Portfolio Manager Julien Albertini explains what is driving the shift in market leadership from capital-light businesses to companies that control scarce tangible assets and how the Global Value team seeks scarcity by focusing on sectors with
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The Inflation Divide: Fixed Principal Versus Pricing Power in a Higher Oil World
Matt McLennan explains why the recent divergence in performance of bonds and equities signals the underlying inflation risks of fixed principal assets in contrast with businesses that can pass through nominal inflation. He also explored the first, second and third order
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Muni Resilience Amid Market Turbulence
Head and Chief Investment Officer of Municipal Credit Team John Miller explains why municipal bonds have been resilient in the face of interest rate volatility, renewed inflation concerns and another record year of issuance, and why he believes current yields and credit
Performance & Prices
The investment principles of First Eagle Investment include in-depth fundamental analysis, a flexible, benchmark-agnostic approach, a focus on absolute returns and attempting to avoid the permanent impairment of capital. View current monthly and quarterly performance information to see our results.
Fund Performance As of Jun 26, 2026
| FUND | NAV | 1-DAY CHANGE | YTD |
|---|---|---|---|
| Global Fund | $84.31 | 0.50% up | 4.77% up |
| Overseas Fund | $32.48 | 0.19% up | 6.88% up |
| Credit Opportunities Fund | $22.07 | 0.00% | 2.56% up |
| High Yield Municipal Fund | $8.14 | 0.12% up | 4.11% up |
| Small Cap Opportunity Fund | $15.26 | 0.13% up | 31.89% up |
| Gold Fund | $52.71 | 1.44% up | -7.72% down |
Performance & Prices
The investment principles of First Eagle Investment include in-depth fundamental analysis, a flexible, benchmark-agnostic approach, a focus on absolute returns and attempting to avoid the permanent impairment of capital. View current monthly and quarterly performance information to see our results.
The performance data quoted herein represents past performance and does not guarantee future results. Market volatility can dramatically impact a Fund's short-term performance. Current performance may be lower or higher than figures shown. The investment return and principal value will fluctuate so that an investor's shares, when redeemed may be worth more or less than their original cost. Past performance data through the most recent month end is available on the Prices & Performance page.
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Year to date (YTD) total return is as of the previous business day without reflecting applicable sales charges for Class A Shares or CDSC fee for Class C Shares. YTD figures are not annualized.
Investors should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the Funds and may be viewed online or calling us at 800.747.2008. Please read the prospectus carefully before investing. Investments are not FDIC insured or bank guaranteed and may lose value.
FEF Distributors, LLC (“FEFD”) (SIPC), a limited purpose broker-dealer, distributes certain First Eagle products. FEFD does not provide services to any investor, but rather provides services to its First Eagle affiliates. As such, when FEFD presents a fund, strategy, or other product to a prospective investor, FEFD and its representatives do not determine whether an investment in the fund, strategy or other product is in the best interests of, or is otherwise beneficial or suitable for, the investor. No statement by FEFD should be construed as a recommendation. Investors should exercise their own judgment and/or consult with a financial professional to determine whether it is advisable for the investor to invest in any First Eagle fund, strategy, or product.
The First Eagle Funds are offered by FEF Distributors, LLC, a subsidiary of First Eagle Investment Management, LLC, which provides advisory services.
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