First Eagle Global Fund
Actively managed global stock fund
As of its 2026 Q2 report, First Eagle Global Fund held 212 positions with $74.86B in net assets. Its ten largest holdings made up 25.4% of the fund. The SGENX share class costs 1.1% a year. Over the 12 months to May 2026, SGENX returned 27.9%, with dividends reinvested. In 2026 Q3 it added 63 new positions and exited 67.
First Eagle Global Fund (Global Fund or the Fund) seeks long-term growth of capital by investing in a range of asset classes from markets in the United States and throughout the world.
The fund pursues a value strategy, seeking securities trading at a discount to intrinsic value—defined as what a prudent buyer would pay in cash for the entire company—with deeper discounts required for businesses under stress. It invests across all market capitalizations in U.S. and foreign equities, debt instruments without credit or maturity constraints, and precious metals; it normally allocates at least 40% of assets to foreign investments, or 30% in less favorable markets. The fund obtains some exposure through a wholly-owned Cayman Islands subsidiary, which may hold up to 25% of total assets and invests primarily in gold bullion, other precious metals, and related futures contracts. Because investment decisions rest on the manager's judgment of intrinsic value, returns depend on the accuracy of those assessments.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Gold bullion | 10.36% | $7.76B | — | — |
GOOGAlphabet, Inc. | 2.60% | $1.95B | 5.1M | $381.94 |
1.87% | $1.40B | 2.3M | $611.91 | |
Samsung Electronics Co. Ltd. | 1.73% | $1.30B | 12.0M | $107.93 |
1.60% | $1.20B | 8.1M | $149.04 | |
British American Tobacco plc | 1.59% | $1.19B | 20.2M | $58.89 |
SLBSLB Ltd. | 1.56% | $1.16B | 20.5M | $56.88 |
1.43% | $1.07B | 2.8M | $376.42 | |
LVMH Moet Hennessy Louis Vuitton SE | 1.34% | $1.00B | 1.9M | $534.21 |
Prosus NV | 1.30% | $972.66M | 20.1M | $48.41 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 212 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 83.79% |
| Real assets | 10.36% |
| Cash & short-term | 5.66% |
| Derivatives | 0.02% |
| Bonds | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- International
- 45.9%
- Other
- 9.0%
- Communication Services
- 6.7%
- Health Care
- 6.4%
- 9 other sectors
- 32.0%
- International
- 45.9%
- Other
- 9.0%
- Communication Services
- 6.7%
- Health Care
- 6.4%
- Energy
- 5.5%
- Cash
- 5.4%
- Financials
- 4.9%
- Information Technology
- 4.8%
- Industrials
- 3.1%
- Real Estate
- 3.0%
- Materials
- 2.3%
- Consumer Staples
- 2.1%
- Consumer Discretionary
- 0.9%
How it has done
SGENX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.20%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 7 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.10% | +27.86% | +71.24% | +67.15% | -8.40% | |
| 0.86% | +28.17% | +72.46% | +69.17% | -8.39% | |
| 1.85% | +27.40% | +68.89% | +63.06% | -8.47% | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| 0.78% | +28.26% | +72.86% | +69.81% | -8.38% |
Fees & fund details
First Eagle Global Fund is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.78% – 1.85%· SGENX 1.10%
- Portfolio turnover
- 15.99% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
63 new· the largest 5
67 exited· the largest 5
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| 1-3y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
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