First Eagle Investments is a privately owned asset management company with a heritage dating back to 1864. It provides investment services to individual and institutional investors with its headquarters in New York. 

First Eagle has $217 billion in assets under management and 699 employees. First Eagle has 10 locations worldwide and 190 investment professionals among the 699 total employees at the firm. 

It provides a range of portfolios, including long- and short-equity, fixed-income, multi-asset-class and alternative investments. Each team of portfolio managers works within a defined investment parameter to deliver consistent investment results. 

We have picked three First Eagle mutual funds — First Eagle Overseas (FESOX Quick QuoteFESOX - Free Report) , First Eagle Global Balanced (FEBRX Quick QuoteFEBRX - Free Report) and First Eagle Gold (SGGDX Quick QuoteSGGDX - Free Report) — which investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) and Rank 2 (Buy), positive three-year and five-year annualized returns, minimum initial investments within $5000 and expense ratios considerably lower than the category average. So, these funds have provided a comparatively stronger performance and carry a lower fee. 

First Eagle Overseas fund seeks long-term growth of capital through investments primarily in equities issued by non-U.S. corporations. FESOX invests at least 80% of its total assets, taken at market value, in foreign securities. 

Ian Lapey has been the lead manager of FESOX since Oct. 1, 2018. Most of the fund’s holdings were in companies, such as Imperial Oil Ltd (3.2%), Shell PLC (2.9%) and Samsung Electronics Co., Ltd. (2.5%) as of April 30, 2026.

FESOX’s 3-year and 5-year annualized returns are 17.3% and 9.7%, respectively. Its net expense ratio is 1.86%. FESOX has a Zacks Mutual Fund Rank #1.

To see how this fund performed compared to its category, and other 1 (Strong Buy) and 2 Ranked Mutual Funds,please click here.

First Eagle Global Balanced fund invests primarily in dividend-paying stocks of U.S. and international companies, while also gaining exposure to various fixed-income securities, including investment-grade and high-yield bonds, government debt from global markets, and investments tied to gold. 

Julien Albertini has been the lead manager of FEBRX since March 31, 2019. Most of the fund’s holdings were in companies, such as British American Tobacco p.l.c. (2.7%), Jardine Matheson Holdings Ltd (2.3%) and Nestlé S.A. (1.8%) as of April 30, 2026.

FEBRX’s 3-year and 5-year annualized returns are 14.5% and 9.5%, respectively. Its net expense ratio is 0.85%. FEBRX has a Zacks Mutual Fund Rank #1.

First Eagle Gold fund seeks to provide investors the opportunity to participate in the investment characteristics of gold by investing at least 80% of net assets (plus any borrowings) in gold and/or gold-related securities, including securities directly related to gold, which may include both equity and, to a limited extent, debt instruments, and securities of issuers principally engaged in the gold industry.

Thomas Kertsos has been the lead manager of SGGDX since March 1, 2016. Most of the fund’s holdings were in companies, such as Wheaton Precious Metals Corp. (10.6%), Agnico Eagle Mines Ltd (7.3%) and Newmont Corp (6.9%) as of April 30, 2026. 

SGGDX’s 3-year and 5-year annualized returns are 31.9% and 18%, respectively. Its net expense ratio is 1.12%. SGGDX has a Zacks Mutual Fund Rank #2.

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