First Eagle High Income Fund (FEHIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FEHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FEHIX
FEHIX charges 0.80% annually. There are 89 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | FEHIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | FEHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | FEHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | FEHIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | FEHIX vs CRDOX |
Best Risk-Adjusted Alternatives to FEHIX
FEHIX has a PortfoliosLab risk / return rank of 10. There are 181 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | FEHIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | FEHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | FEHIX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | FEHIX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | FEHIX vs CWFIX |
Top Performing FEHIX Alternatives (YTD)
FEHIX is at 2.64% YTD. There are 28 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | FEHIX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | FEHIX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | FEHIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | FEHIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | FEHIX vs FAHYX |
Lowest Volatility Alternatives to FEHIX
FEHIX has 4.89% 1-year volatility. There are 168 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | FEHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | FEHIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | FEHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | FEHIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | FEHIX vs OSTIX |
Lowest Drawdown Alternatives to FEHIX
FEHIX has a 1-year max drawdown of -5.22%. There are 180 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | FEHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | FEHIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | FEHIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FEHIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FEHIX vs SCFIX |
Other Mutual Funds from First Eagle
The 10 most viewed First Eagle mutual funds shown here include SGIIX, SGENX, SGGDX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| First Eagle Global Fund Class I | Global Equities | 61 | 8.67% | — | — | FEHIX vs SGIIX | |
| First Eagle Global Fund Class A | Global Equities | 60 | 8.55% | — | Jan 1979 | FEHIX vs SGENX | |
| First Eagle Gold Fund | Precious Metals | 27 | 3.99% | — | Aug 1993 | FEHIX vs SGGDX | |
| First Eagle Gold Fund Class I | Precious Metals, Commodities | 27 | 4.10% | — | Aug 1993 | FEHIX vs FEGIX | |
| First Eagle Overseas Fund Class I | Large Cap Blend Equities, Foreign Large Cap Equities | 57 | 10.73% | — | — | FEHIX vs SGOIX | |
| First Eagle Overseas Fund | Foreign Large Cap Equities | 56 | 10.63% | — | Aug 1993 | FEHIX vs SGOVX | |
| First Eagle Global Income Builder Fund | Global Allocation | 67 | 9.36% | — | Apr 2012 | FEHIX vs FEBIX | |
| First Eagle Global Fund Class C | Global Allocation | 55 | 8.22% | — | Jan 1979 | FEHIX vs FESGX | |
| First Eagle Fund of America | Large Cap Blend Equities | 78 | 10.83% | — | Mar 1998 | FEHIX vs FEAMX | |
| First Eagle Small Cap Opportunity Fund | Small Cap Value Equities | 83 | 25.67% | — | Apr 2021 | FEHIX vs FESCX |
Often Compared With FEHIX
Investors most often compare FEHIX with ORNAX, NVHIX, FXIEX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FEHIX with Any Fund or Stock
Compare FEHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FEHIX with funds that move differently
First Eagle High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEHIX.
Explore FEHIX Diversifiers