First Eagle Real Estate Debt Fund I (FERLX)
25.56
+0.01
(+0.04%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.43% | 63.68M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 9.33% |
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:
--
-270.86M
Peer Group Low
213.80M
Peer Group High
1 Year
% Rank:
--
-2.724B
Peer Group Low
1.175B
Peer Group High
3 Months
% Rank:
--
-390.16M
Peer Group Low
979.72M
Peer Group High
3 Years
% Rank:
--
-7.465B
Peer Group Low
7.400B
Peer Group High
6 Months
% Rank:
--
-469.43M
Peer Group Low
1.107B
Peer Group High
5 Years
% Rank:
--
-17.92B
Peer Group Low
11.53B
Peer Group High
YTD
% Rank:
--
-513.57M
Peer Group Low
1.000B
Peer Group High
10 Years
% Rank:
--
-36.79B
Peer Group Low
26.24B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 1.65% |
| Stock | 79.86% |
| Bond | 14.80% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 3.69% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Equity General Security
|
79.86% | -- | -- |
|
First Eagle Real Estate Debt Cayman Fund Ltd
|
4.75% | -- | -- |
| BlackRock Liquidity FedFund Institutional | 3.10% | 1.00 | 0.00% |
|
Fox Hollow Lot FRN 30-Jun-2028
|
2.08% | -- | -- |
|
Haddon Brook PIK FRN 31-Jan-2028
|
1.92% | -- | -- |
|
ONITY LOAN INVESTMENT TRUST 25HB2 M4 FIX 3% 25-NOV-2038
|
1.63% | -- | -- |
|
ONITY LOAN INVESTMENT TRUST 26HB1 M4 FIX 25-MAR-2039
|
1.60% | -- | -- |
|
ELLINGTON FINANCIAL MORTGAGE TRUST 25RL1 M2 FIX 8.334% 25-NOV-2040
|
1.56% | -- | -- |
|
Higgins Crossing PIK FRN 29-Feb-2028
|
1.46% | -- | -- |
|
Taylor Landing PIK FRN 30-Sep-2029
|
1.39% | -- | -- |
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 |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 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 (8-25-26) | 8.17% |
| 30-Day SEC Yield (7-31-26) | 8.01% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 14 |
| 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 (6-30-26) | -- |
| Effective Duration | -- |
| Average Coupon | 5.61% |
| Calculated Average Quality | -- |
| Effective Maturity | 6.256 |
| Nominal Maturity | 6.256 |
| Number of Bond Holdings | 9 |
As of June 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 June 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% |