First Eagle US Value A (FEVAX - Free Report) a Zacks Rank #2 (Buy) was incepted in September 2001 and is managed by Arnhold and S. Bleichroeder Advisers, LLC. FEVAX seeks long-term growth of capital. Under normal market conditions, FEVAX invests at least 80% of its assets in domestic equity and debt securities. FEVAX may also invest in equity securities like common and preferred stocks, warrants or other similar rights and convertible securities. FEVAX may also invest up to 35% of its total assets in debt securities and to a limited extent in securities of non-U.S. issuers.
This fund, as of the last filing, allocates their fund in four major groups; Large Value, Small Value, High Yield Bond and Precious Metal. Further, as of the last filing, Oracle, Comcast and Omnicom were the top holdings for FEVAX.
First Eagle US Value A, managed by First Eagle, carries an expense ratio of 1.16%. Moreover, FEVAX requires a minimal initial investment of $2,500.
FEVAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 15.39%, 3 year 6.74% and 5 year 10.01%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
FEVAX’s performance, as of the last filing, when compared to funds in its category was in the top 22% in 1 year, top 32% over the past 3 years, and in the 92% over the past 5 years.
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