First Eagle Gold Fund
First Eagle Funds · 8 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
First Eagle Gold Fund is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q2
First Eagle Gold Fund (Gold Fund or the Fund) seeks to provide investors the opportunity to participate in the investment characteristics of gold (and to a limited extent other precious metals) for a portion of their overall investment portfolio.
The fund invests at least 80% of its net assets in gold, gold mining securities, and other gold-industry issuers, with up to 20% in unrelated equities and debt; it may also hold precious metals futures and other fixed income instruments. Some exposure is obtained through a wholly-owned Cayman Islands subsidiary, which may hold up to 25% of the fund's total assets and invests in commodities and commodity-linked derivatives. The fund is non-diversified and concentrates its holdings in a smaller number of issuers than a diversified fund, which means performance depends on the success of those particular positions.
| Share class | Expense ratio |
|---|---|
| SGGDX | 1.14% |
| FEGIX | 0.91% |
| FEGOX | 1.89% |
| FEURX | 0.81% |
Portfolio turnover 15.34% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 72.16% |
| Real assets | 25.77% |
| Cash & short-term | 1.84% |
| Other | 0.09% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| International | 60.6% |
| Other | 25.8% |
| Materials | 11.7% |
| Cash | 1.8% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
New: AES Corp. (The), General Motors Financial Co., Inc., Cargill, Inc., Western Union Co. (The)
Exited: General Motors Financial Co., Inc., Global Payments, Inc., AES Corp. (The)
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| -6.85% | -60.29% | -87.52% | 36.54% | -62.53% | |
| +72.77% | +153.45% | +174.21% | 38.47% | -20.22% | |
| +52.83% | +74.33% | +46.36% | 38.32% | -25.83% | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| +72.92% | +154.18% | +175.49% | 38.47% | -20.21% |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Gold bullion | 21.99% | — | $1.18B | — |
| WPM | Wheaton Precious Metals Corp.WPM | 10.58% | $126.46 | $568.90M | 4.5M |
| AEM | Agnico Eagle Mines Ltd.AEM | 7.28% | $188.04 | $391.58M | 2.1M |
| NEM | Newmont Corp.NEM | 7.04% | $111.09 | $378.81M | 3.4M |
| FNV | Franco-Nevada Corp.FNV | 4.99% | $230.71 | $268.58M | 1.2M |
| DPMLF | DPM Metals, Inc.DPMLF | 4.96% | $33.58 | $266.60M | 7.9M |
| GMINF | G Mining Ventures Corp.GMINF | 4.84% | $34.66 | $260.24M | 7.5M |
| AGI | Alamos Gold, Inc.AGI | 4.46% | $39.90 | $240.06M | 6.0M |
| B | Barrick Mining Corp.B | 4.01% | $39.34 | $215.52M | 5.5M |
| KGC | Kinross Gold Corp.KGC | 3.83% | $30.24 | $206.20M | 6.8M |
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.
Top 10 positions are 73.98% of net assets, top 25 99.47%, across 30 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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