First Eagle Gold Fund Class I (FEGIX)

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First Eagle Gold Fund Class I (FEGIX) is down 9.5% since the beginning of the year. FEGIX is currently trading at $54 per share. Investors who bought $1,000 worth of FEGIX shares 5 years ago would now be looking at an investment worth $2,308.

First Eagle Gold Fund Class I (FEGIX) has returned -9.53% so far this year and 41.15% over the past 12 months. Over the last ten years, FEGIX has returned 10.34% per year, falling short of the S&P 500 Index benchmark, which averaged 13.29% annually.

Based on dividend-adjusted daily data since May 15, 2003, FEGIX's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 55% of months were positive and 45% were negative. The best month was Apr 2020 with a return of +29.2%, while the worst month was Oct 2008 at -27.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FEGIX closed higher 50% of trading days. The best single day was Nov 21, 2008 with a return of +16.3%, while the worst single day was Jan 30, 2026 at -12.6%.

First Eagle Gold Fund Class I has an annualized alpha of 8.58%, beta of 0.42, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since May 15, 2003.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (52.27%) than losses (38.17%) - typical of diversified or defensive assets.
• Beta of 0.42 may look defensive, but with R2 of 0.08 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.08 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FEGIX has a high expense ratio of 0.96%, indicating above-average management fees.

FEGIX ranks 26 for risk / return — above 26% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.

First Eagle Gold Fund Class I provided a 1.32% dividend yield over the last twelve months, with an annual payout of $0.71 per share.

The table displays the monthly dividend distributions for First Eagle Gold Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First Eagle Gold Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Eagle Gold Fund Class I was 70.38%, occurring on Jan 19, 2016. Recovery took 2303 trading sessions.

The current First Eagle Gold Fund Class I drawdown is 31.89%.

The chart below shows the rolling one-month volatility.