- Issuer
- First Eagle
- Inception Date
- May 15, 2003
- Category
- Gold, Precious Metals
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Commodity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FEGOX Performance Chart
First Eagle Gold Fund Class C (FEGOX) is down 7.7% since the beginning of the year. FEGOX is currently trading at $47 per share. Investors who bought $1,000 worth of FEGOX shares 5 years ago would now be looking at an investment worth $2,256.
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Compare this symbol against anything
Returns By Period
First Eagle Gold Fund Class C (FEGOX) has returned -7.70% so far this year and 43.43% over the past 12 months. Over the last ten years, FEGOX has returned 9.69% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
First Eagle Gold Fund Class C
- 1D
- 3.05%
- 1M
- -1.17%
- 6M
- -16.18%
- YTD
- -7.70%
- 1Y
- 43.43%
- 3Y*
- 32.06%
- 5Y*
- 17.67%
- 10Y*
- 9.69%
- ALL TIME*
- 8.09%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FEGOX Monthly Returns History
Based on dividend-adjusted daily data since May 15, 2003, FEGOX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2020 with a return of +29.1%, while the worst month was Oct 2008 at -27.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FEGOX 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.12% | 19.90% | -17.66% | -3.26% | 0.06% | -14.01% | 2.00% | -7.70% | |||||
| 2025 | 12.41% | 4.10% | 12.22% | 6.11% | 2.55% | 2.27% | -1.68% | 16.79% | 16.73% | -4.72% | 14.81% | 5.80% | 126.68% |
| 2024 | -8.26% | -5.35% | 15.43% | 3.71% | 5.38% | -3.89% | 10.41% | 2.53% | 2.42% | 3.16% | -5.65% | -7.86% | 9.47% |
| 2023 | 9.53% | -10.70% | 13.13% | 1.85% | -6.47% | -2.81% | 3.18% | -3.68% | -6.69% | 2.92% | 9.65% | -0.87% | 6.26% |
| 2022 | -5.42% | 9.14% | 8.38% | -6.20% | -5.34% | -8.51% | -3.66% | -6.84% | 1.69% | 0.11% | 15.45% | 1.88% | -2.33% |
| 2021 | -3.73% | -7.57% | 1.76% | 4.99% | 10.64% | -10.36% | 2.39% | -4.05% | -6.65% | 4.57% | -1.49% | 2.83% | -8.41% |
Benchmark Metrics
First Eagle Gold Fund Class C has an annualized alpha of 7.65%, 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 (49.63%) than losses (39.81%) - 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.
- Alpha
- 7.65%
- Beta
- 0.42
- R²
- 0.08
- Upside Capture
- 49.63%
- Downside Capture
- 39.81%
Expense Ratio
FEGOX has a high expense ratio of 1.91%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FEGOX ranks 28 for risk / return — above 28% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for First Eagle Gold Fund Class C (FEGOX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FEGOX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.25 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 2.00 | -0.69 |
| Martin ratioReturn relative to average drawdown | 2.88 | 8.49 | -5.61 |
Dividends
Dividend History
First Eagle Gold Fund Class C provided a 0.75% dividend yield over the last twelve months, with an annual payout of $0.36 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.36 | $1.15 | $0.05 | $0.00 | $0.05 | $0.17 |
Dividend yield | 0.75% | 0.70% | 5.05% | 0.22% | 0.00% | 0.24% | 0.76% |
Monthly Dividends
The table displays the monthly dividend distributions for First Eagle Gold Fund Class C. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Eagle Gold Fund Class C. 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 C was 71.67%, occurring on Jan 19, 2016. Recovery took 2356 trading sessions.
The current First Eagle Gold Fund Class C drawdown is 30.40%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-71.67%Jan 2016 | 4y 4mo | 9y 4mo | 13y 9moSep 2011 - Jun 2025 | — |
-55.37%Oct 2008 | 7mo 14d | 11mo 21d | 1y 7moMar 2008 - Oct 2009 | Financial crisis2007–2009 |
-34.76%Jul 2026 | 4mo 19d | — | 5mo 2dMar 2026 - now | — |
-26.49%May 2004 | 4mo 2d | 1y 6mo | 1y 10moJan 2004 - Nov 2005 | — |
-25.04%Jun 2006 | 1mo 2d | 1y 3mo | 1y 4moMay 2006 - Sep 2007 | — |
Drawdown Indicators
| FEGOX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.67% | -56.78% | -14.89% |
Max Drawdown (1Y)Largest decline over 1 year | -34.76% | -9.10% | -25.66% |
Max Drawdown (3Y)Largest decline over 3 years | -34.76% | -18.90% | -15.86% |
Max Drawdown (5Y)Largest decline over 5 years | -34.76% | -25.43% | -9.33% |
Max Drawdown (10Y)Largest decline over 10 years | -43.08% | -33.92% | -9.16% |
Current DrawdownCurrent decline from peak | -30.40% | -1.58% | -28.82% |
Average DrawdownAverage peak-to-trough decline | -31.31% | -10.70% | -20.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.79% | 2.14% | +13.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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