First Eagle High Yield Municipal Fund I (FEHIX)
8.17
-0.01
(-0.12%)
USD |
Nov 05 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.91% | 7.851B | -- | 136.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 3.607B | -0.34% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide high current income exempt from regular federal income taxes. The Fund normally invests at least 80% of its net assets in municipal bonds that pay interest that is exempt from regular federal personal income tax. The Fund invests significantly in lower-quality municipal bonds. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | First Eagle |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
7
-80.29M
Peer Group Low
505.61M
Peer Group High
1 Year
% Rank:
2
3.607B
-2.640B
Peer Group Low
3.607B
Peer Group High
3 Months
% Rank:
6
-484.51M
Peer Group Low
2.002B
Peer Group High
3 Years
% Rank:
2
-5.678B
Peer Group Low
7.511B
Peer Group High
6 Months
% Rank:
2
-1.038B
Peer Group Low
2.079B
Peer Group High
5 Years
% Rank:
2
-5.727B
Peer Group Low
10.38B
Peer Group High
YTD
% Rank:
2
-1.746B
Peer Group Low
2.823B
Peer Group High
10 Years
% Rank:
8
-4.770B
Peer Group Low
14.51B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of November 06, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 99.42% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.57% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| FLORIDA DEV FIN CORP REV FL 10.000 07/01/2057 | 3.16% | -- | -- |
| NEVADA ST DEPT BUSINESS & IND REV NV 9.500 01/01/2065 | 2.38% | 79.67 | -0.18% |
| FLORIDA DEV FIN CORP REV FL 5.500 07/01/2053 | 2.05% | 82.15 | -0.37% |
| FLORIDA DEV FIN CORP REV FL 12.000 07/15/2032 | 1.54% | 50.02 | -0.11% |
| ATLANTA GA DEV AUTH REV GA 0.000 12/15/2048 | 1.52% | 89.52 | 0.00% |
| PUBLIC FIN AUTH WIS TOLL REV WI 5.750 12/31/2065 | 1.45% | -- | -- |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA 9.500 01/01/2065 | 1.42% | 79.96 | -0.16% |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV TX 5.500 01/01/2057 | 1.37% | 91.94 | -0.39% |
| PUBLIC FIN AUTH WIS REV WI 5.750 07/01/2054 | 1.26% | 103.65 | -0.21% |
| FLORIDA DEV FIN CORP REV FL 10.000 07/15/2059 | 0.75% | 49.98 | -0.15% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.45% |
| Administration Fee | 238.5K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide high current income exempt from regular federal income taxes. The Fund normally invests at least 80% of its net assets in municipal bonds that pay interest that is exempt from regular federal personal income tax. The Fund invests significantly in lower-quality municipal bonds. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | First Eagle |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (11-4-25) | 5.73% |
| 30-Day SEC Yield (10-31-25) | -5.79% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1822 |
| Bond | |
| Yield to Maturity (9-30-25) | 5.83% |
| Effective Duration | 10.62 |
| Average Coupon | 5.98% |
| Calculated Average Quality | 3.953 |
| Effective Maturity | 23.92 |
| Nominal Maturity | 26.48 |
| Number of Bond Holdings | 1819 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FEHIX", "name") |
| Broad Asset Class: =YCI("M:FEHIX", "broad_asset_class") |
| Broad Category: =YCI("M:FEHIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FEHIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |