FEBAX

About FEBAX

The First Eagle Global Income Builder Fund Class A is a diversified open-end mutual fund designed primarily to generate current income while also pursuing long-term capital appreciation. It adopts a global multi-asset allocation strategy, investing across equities, corporate and sovereign bonds, cash equivalents, and gold. Typically, the fund allocates around half of its assets to global equities—often focusing on companies considered well-managed and trading below intrinsic value—while the remainder is distributed among fixed income securities, cash, and a structural allocation to gold as a potential hedge. The fund is categorized within the global allocation space and tends to follow a large value investment style, reflecting its preference for established, stable businesses. Portfolio management emphasizes a bottom-up, fundamentally driven, and benchmark-agnostic approach, aiming for both stability and flexibility in various market conditions. By integrating income generation with capital growth and prudent risk management, the First Eagle Global Income Builder Fund Class A seeks to serve investors looking for balanced, steady returns within a single investment vehicle.