First Eagle Gold Fund Class A
SGGDX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
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
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1345 Avenue Of The Americas New York NY United States of America 10105
- IPO Date
- Aug 31, 1993
- CIK
- 0000906352
- Website
- firsteagle.com
- Similar Companies
- Business
- First Eagle Gold Fund Class A (SGGDX) is a no-load mutual fund that seeks long-term capital appreciation by investing primarily in gold and gold-related securities worldwide. The fund invests in a portfolio of equity securities of companies engaged in gold-related activities, including gold mining, exploration, and production; gold bullion and coins; and other precious metals investments, with a focus on undervalued opportunities in the natural resources sector. It offers Class A shares with a front-end sales load and is managed by First Eagle Investment Management, LLC, providing investors exposure to gold as a portfolio diversifier against inflation and currency risks. The fund operates globally, with investments spanning North America, Australia, South Africa, and other regions rich in gold mining operations, targeting institutional and retail investors seeking commodity diversification. Established as part of First Eagle Funds in 1993, it is headquartered in New York, New York, under the oversight of U.S. Bancorp Fund Services, LLC, with no notable subsidiaries or parent company relationships specific to this share class. Recent developments include portfolio adjustments amid rising gold prices in 2024-2025, with increased allocations to established producers like Newmont Corporation and Barrick Gold amid geopolitical tensions; no major funding rounds or acquisitions directly affect the fund, though First Eagle Investment Management enhanced its ESG screening processes in late 2024 for precious metals holdings. The fund maintained its no-load structure for Class A shares while navigating market volatility from U.S. Federal Reserve policy shifts under President Trump's administration.