First Eagle Gold Fund
Actively managed global stock fund
As of its 2026 Q2 report, First Eagle Gold Fund held 31 positions with $5.38B in net assets. Its ten largest holdings made up 74.0% of the fund. The SGGDX share class costs 1.14% a year. Over the 12 months to May 2026, SGGDX returned 68.1%, with dividends reinvested. In 2026 Q3 it added 5 new positions and exited 4.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Gold bullion | 21.99% | $1.18B | — | — |
WPMWheaton Precious Metals Corp. | 10.58% | $568.90M | 4.5M | $126.46 |
AEMAgnico Eagle Mines Ltd. | 7.28% | $391.58M | 2.1M | $188.04 |
7.04% | $378.81M | 3.4M | $111.09 | |
FNVFranco-Nevada Corp. | 4.99% | $268.58M | 1.2M | $230.71 |
DPMLFDPM Metals, Inc. | 4.96% | $266.60M | 7.9M | $33.58 |
GMINFG Mining Ventures Corp. | 4.84% | $260.24M | 7.5M | $34.66 |
AGIAlamos Gold, Inc. | 4.46% | $240.06M | 6.0M | $39.90 |
BBarrick Mining Corp. | 4.01% | $215.52M | 5.5M | $39.34 |
KGCKinross Gold Corp. | 3.83% | $206.20M | 6.8M | $30.24 |
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.
All 31 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 | 72.16% |
| Real assets | 25.77% |
| Cash & short-term | 1.84% |
| Other | 0.09% |
By sector
- International
- 58.2%
- Other
- 24.9%
- Materials
- 11.8%
- Cash
- 5.0%
How it has done
SGGDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 38.72%. 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 |
|---|---|---|---|---|---|
| 1.14% | +68.15% | +169.21% | +144.90% | -20.24% | |
| 0.91% | +68.53% | +171.07% | +148.03% | -20.22% | |
| 1.89% | +68.19% | +167.80% | +141.77% | -20.35% | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| 0.81% | +68.67% | +171.85% | +149.19% | -20.21% |
Fees & fund details
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
- Expense ratio, by class
- 0.81% – 1.89%· SGGDX 1.14%
- Portfolio turnover
- 15.34% 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.
5 new
4 exited
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — SGGDX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”