The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
First Eagle High Yield Municipal I FEHIX
- NAV / 1-Day Return 8.80 / +0.24 %
- Total Assets 3.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.000%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 5.48%
- Effective Duration 8.48 years
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FEHIX
Will FEHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
FLORIDA DEV FIN CORP REV 12% | 3.72 | 121.2 Mil | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 8% | 3.28 | 107.1 Mil | municipal |
ATLANTA GA DEV AUTH REV 0% | 2.00 | 65.3 Mil | municipal |
FLORIDA DEV FIN CORP REV 8.25% | 1.96 | 64.1 Mil | municipal |
FLORIDA DEV FIN CORP REV 5.5% | 1.90 | 62.0 Mil | municipal |
NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5.5% | 1.52 | 49.5 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.5% | 1.36 | 44.3 Mil | municipal |
FLORIDA DEV FIN CORP REV 5.25% | 1.22 | 39.7 Mil | municipal |
BLACK DESERT PUB INFRASTRUCTURE DIST UTAH SPL ASSMT 5.625% | 1.19 | 38.8 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | 1.13 | 36.9 Mil | municipal |