First Eagle U.S. Value Fund
FEVIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10105 New York NY United States of America 10105
- IPO Date
- Aug 31, 2001
- CIK
- 0000906352
- Website
- firsteagle.com
- Similar Companies
- Business
- First Eagle U.S. Value Fund (FEVIX) is an open-end investment company that seeks long-term growth of capital by investing primarily in equity and debt securities issued by U.S. corporations, employing a value-oriented, benchmark-agnostic strategy with a focus on downside risk mitigation and portfolio diversification across asset classes including gold-related investments, U.S. stocks, bonds, cash equivalents, and select non-U.S. securities. The fund allocates predominantly to U.S. equities (approximately 74%), with significant exposure to sectors such as healthcare, communication services, financial services, technology, and consumer defensive; top holdings typically include eligible gold bullion, Philip Morris International Inc., Meta Platforms Inc., HCA Healthcare Inc., and Oracle Corp., representing about 27.55% of the portfolio, alongside cash (6.27%), U.S. bonds (3.49%), non-U.S. stocks (2.46%), and other assets (13.32%). Managed by a team including Matthew McLennan (since 2009), Kimball Brooker (since 2010), Matthew Lamphier (since 2014), and Mark Wright (since 2021), it offers Class I shares with a net expense ratio of 0.88%, a minimum initial investment of $1,000,000, and availability primarily to U.S. investors. Launched on September 4, 2001, the fund is domiciled in the United States and managed by First Eagle Investments, an independent New York-based asset manager founded in 1864 with headquarters at 1345 Avenue of the Americas, New York, NY, overseeing approximately $161 billion in assets under management as of mid-2025 across equity, fixed income, alternative credit, and multi-asset strategies. In recent developments, First Eagle Investments received a majority investment from Genstar Capital in early 2025 to support organic growth and acquisitions while preserving investment autonomy, and announced a definitive agreement in December 2025 to acquire Diamond Hill Investment Group for $473 million in an all-cash deal expected to close by Q3 2026, adding complementary U.S.-focused equity strategies and boosting pro forma assets under management to around $208 billion.