First Eagle Global Fund
SGENX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
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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 - Global
- Address
- 1345 Avenue Of The Americas New York NY United States of America 10105
- IPO Date
- Jan 2, 1980
- CIK
- 0000906352
- Website
- firsteagle.com
- Similar Companies
- Business
- First Eagle Global Fund (SGENX) is an open-end mutual fund that seeks long-term growth of capital through a flexible, benchmark-agnostic investment strategy emphasizing downside protection and value-oriented opportunities across global markets. The fund invests primarily in a diversified portfolio of equity securities issued by U.S. and non-U.S. companies, including large-cap value stocks; gold and gold-related investments, such as bullion and mining equities; short-term cash equivalents and fixed-income instruments like international currency bonds; and other assets to hedge currency risks and mitigate volatility, with current allocations typically comprising approximately 40% U.S. stocks, 44% non-U.S. stocks, 11% gold-related holdings, 11% cash equivalents, and minor bond exposure. Top holdings as of recent data include Eligible Gold Bullion (11.01%), Oracle Corp. (2.67%), Meta Platforms Inc. (2.64%), Becton Dickinson and Co. (1.92%), and Prosus NV (1.88%), spanning sectors like consumer defensive (12%), industrials (11%), communication services (10%), financial services (10%), and technology (10%), with geographic focus on the United States (40%), Eurozone (8%), United Kingdom (8%), developed Asia (7%), and Japan (6%). Launched on April 28, 1970, and domiciled in the United States, the fund is managed by First Eagle Investment Management, LLC, headquartered at 1345 Avenue of the Americas, 48th Floor, New York, New York, with key portfolio managers including Matthew McLennan (since 2008), Manish Gupta (since 2021), and Julien Albertini (since 2021). It operates globally, targeting institutional and individual investors seeking multi-asset exposure through U.S.-available share classes, including Class A (SGENX) with a 1.10% net expense ratio, 5% front-end load, minimum initial investment of $2,500, and total net assets exceeding $68 billion. In recent developments, the fund's parent firm, First Eagle Investments, closed a majority investment from Genstar Capital in August 2025, following a definitive agreement in March 2025, to fuel organic growth, acquisitions, and expanded investment capabilities while preserving its independent, client-centric structure and approximately $161 billion in assets under management as of June 30, 2025. Additionally, in December 2025, First Eagle announced an agreement to acquire Diamond Hill Investment Group for $473 million in an all-cash deal valuing shares at $175 each, expected to close by Q3 2026 pending approvals, boosting pro forma assets under management to around $208 billion as of September 30, 2025 and enhancing distribution and resources. Earlier in 2025, First Eagle transferred its active equity ETFs—First Eagle Global Equity ETF (FEGE) and First Eagle Overseas Equity ETF (FEOE)—to the New York Stock Exchange from NYSE Arca effective May 1, aiming to improve investor trading experience.