First Eagle Real Estate Debt Fund I (FERLX)
25.58
+0.01
(+0.04%)
USD |
Oct 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.83% | 63.68M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 9.24% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide attractive risk-adjusted returns and current income. The Fund will invest in a portfolio of public and private real estate-related debt investments including Residential Transitional Loans, Land Banking, Residential Mezzanine Loans, RMBS, CMBS, other real estate-related asset-backed securities. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | First Eagle Investment Management |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-1.934B
Peer Group Low
555.43M
Peer Group High
1 Year
% Rank:
--
-3.202B
Peer Group Low
980.36M
Peer Group High
3 Months
% Rank:
--
-1.279B
Peer Group Low
662.61M
Peer Group High
3 Years
% Rank:
--
-7.355B
Peer Group Low
10.34B
Peer Group High
6 Months
% Rank:
--
-1.345B
Peer Group Low
1.387B
Peer Group High
5 Years
% Rank:
--
-18.26B
Peer Group Low
15.82B
Peer Group High
YTD
% Rank:
--
-981.57M
Peer Group Low
1.449B
Peer Group High
10 Years
% Rank:
--
-37.79B
Peer Group Low
31.78B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 28, 2026.
Asset Allocation
As of September 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.86% |
| Stock | 73.46% |
| Bond | 22.27% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 3.41% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Equity General Security
|
75.13% | -- | -- |
|
First Eagle Real Estate Debt Cayman Fund Ltd
|
4.52% | -- | -- |
| BlackRock Liquidity FedFund Institutional | 2.82% | 1.00 | 0.00% |
|
Mountain House Avila Lot Loan FRN 31-Aug-2029
|
2.42% | -- | -- |
|
Fox Hollow Lot FRN 30-Jun-2028
|
2.35% | -- | -- |
|
Haddon Brook PIK FRN 31-Jan-2028
|
2.23% | -- | -- |
|
Taylor Landing PIK FRN 30-Sep-2029
|
2.17% | -- | -- |
|
ONITY LOAN INVESTMENT TRUST 25HB2 M4 FIX 3% 25-NOV-2038
|
1.58% | -- | -- |
|
Quarter Path Lot FRN 31-Jul-2029
|
1.56% | -- | -- |
|
ONITY LOAN INVESTMENT TRUST 26HB1 M4 FIX 3% 25-MAR-2039
|
1.55% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | 10735.00 None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide attractive risk-adjusted returns and current income. The Fund will invest in a portfolio of public and private real estate-related debt investments including Residential Transitional Loans, Land Banking, Residential Mezzanine Loans, RMBS, CMBS, other real estate-related asset-backed securities. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | First Eagle Investment Management |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-27-26) | 8.16% |
| 30-Day SEC Yield (9-30-26) | 8.09% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 16 |
| Stock | |
| Weighted Average PE Ratio | -- |
| Weighted Average Price to Sales Ratio | -- |
| Weighted Average Price to Book Ratio | -- |
| Weighted Median ROE | -- |
| Weighted Median ROA | -- |
| Return on Investment (TTM) | -- |
| Earning Yield | -- |
| LT Debt / Shareholders Equity | -- |
| Number of Equity Holdings | 1 |
| Bond | |
| Yield to Maturity (9-30-26) | -- |
| Effective Duration | -- |
| Average Coupon | 4.75% |
| Calculated Average Quality | -- |
| Effective Maturity | 4.483 |
| Nominal Maturity | 4.483 |
| Number of Bond Holdings | 11 |
As of September 30, 2026
Growth Metrics
| EPS Growth (1Y) | -- |
| EPS Growth (3Y) | -- |
| EPS Growth (5Y) | -- |
| Sales Growth (1Y) | -- |
| Sales Growth (3Y) | -- |
| Sales Growth (5Y) | -- |
| Sales per Share Growth (1Y) | -- |
| Sales per Share Growth (3Y) | -- |
| Operating Cash Flow - Growth Rate (3Y) | -- |
As of September 30, 2026
Fund Details
| Key Dates | |
| Launch Date | 3/31/2025 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 3/27/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |