First Eagle High Fund Quote
| FEHIX Fund | USD 8.25 0.01 0.12% |
Performance15 of 100
| Odds Of DistressLess than 17
|
First Eagle is trading at 8.25 as of the 24th of April 2024; that is 0.12 percent increase since the beginning of the trading day. The fund's open price was 8.24. First Eagle has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for First Eagle High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
To pursue its investment objective, the fund normally invests at least 80 percent of its net assets in debt instruments that are below investment grade, commonly known as high yield or junk bonds. First Eagle is traded on NASDAQ Exchange in the United States. More on First Eagle High
Moving together with First Mutual Fund
| 0.66 | NHMAX | Nuveen High Yield | PairCorr |
| 0.73 | NHCCX | Nuveen High Yield | PairCorr |
| 0.69 | NHMRX | Nuveen High Yield | PairCorr |
| 0.67 | NHMFX | Nuveen High Yield | PairCorr |
| 0.69 | ABHFX | American High Me | PairCorr |
| 0.67 | AHICX | American High Me | PairCorr |
| 0.69 | AMHIX | American High Me | PairCorr |
First Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Eagle's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Eagle or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | High Yield Muni, First Eagle (View all Sectors) |
| Update Date | 31st of March 2024 |
First Eagle High [FEHIX] is traded in USA and was established 24th of April 2024. The fund is listed under High Yield Muni category and is part of First Eagle family. This fund currently has accumulated 333.34 M in assets under management (AUM) with no minimum investment requirementsFirst Eagle High is currently producing year-to-date (YTD) return of 3.32% with the current yeild of 0.01%, while the total return for the last 3 years was 2.45%.
Check First Eagle Probability Of Bankruptcy
Instrument Allocation
First Eagle High Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Eagle market risk premium is the additional return an investor will receive from holding First Eagle long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Eagle. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Eagle's alpha and beta are two of the key measurements used to evaluate First Eagle's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1837 | |||
| Semi Deviation | 0.1344 | |||
| Standard Deviation | 0.2658 | |||
| Variance | 0.0706 |
First Eagle Against Markets
Picking the right benchmark for First Eagle mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Eagle mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Eagle is critical whether you are bullish or bearish towards First Eagle High at a given time. Please also check how First Eagle's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Eagle without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy First Mutual Fund?
Before investing in First Eagle, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Eagle. To buy First Eagle fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Eagle. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Eagle fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Eagle High fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Eagle High fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as First Eagle High, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in First Eagle High?
The danger of trading First Eagle High is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Eagle is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Eagle. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Eagle High is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Eagle High. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.