First Eagle U.S. Value’s team excels at international investing but has looked more pedestrian in the United States, though a recent category change better suits this portfolio’s investment mix. The mutual fund’s share classes warrant a Morningstar Analyst Rating of Neutral.
Will FEVAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEVAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FEVAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FEVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.